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kmitlt HUNT'S MERCHANTS' MAGAZINE, REPRESENTTXG INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES. TIIK lEnUTCMl ncpordlnK to act of Oonirrofl'. In Iho year 18S4, by VOL. NEW 39. Wm. B. Dasa <t Co., In llio olHce of thn LIbrart.in of Congrcfw. Waiililni<ton, D. 0.| YORK, DECEMBER 'gixmncinl. DIAMONDS. BROASWAT, NEW TOBK. Ineonoratsd Fuundril 1795. mdcr tzTn cf State of Vew Tat, 1868. & Alfred H. Smith Co.. IMPORTERS, BONDS, POSTAGE & REVENUE STAMPS, LCQAl. TENDER AND NATIONAL BANK 40TES, of tho UNITED STATES; and for in tho finest and uiont artistic style FKOilf STKEL, PLATES, Tith specUl uic^ixit Special fifcts nansfactirel & H. Taylor L. Co., Cor. Third S. 'W, and Cheatnnt SUu, PHILADELPHIA. LITHOGRAPHIC AND TYPE PRINTING. Deposits received subject to check at sight, and interest allowed on dalir balances. Stocks, Bonds, ^tc^ Iwnght and sold on commission in Philadelphia and otber cities Particular attention given to information regarding SAILWAY TlfKKTS OF IMI'KOVEB STYLES. Investment Securities. Private wire to New York, Baltimore and other places SAFETY COLORS. SAFETY PAPERS. Work Executed In Fireproof Buildings. Nliow Cards, Lultclf, Calcndurit. BOOKS OP EVERT DESCRIPTION. BIiAITK ALBERT C. GOODALL, President. VICE-PRliSIDKNTS A. D. SHEPARD, J. TOURO ROBERTSON. W. M. SMILLIE, H. STAYNER Treas. THEO. H. FREELAND, Seety. : MACDONOUGH, S. ASA. P. POTiiB, Prest. J. W. WOBK, CMhler. Maverick National Bank, BOSTOJV. CAPITAL, SDRPLCJS, - - ...... $400,000 ..... 400,000 • Aoooanta of Banlu and Bankers Boltoited. CoUeotlons made upon farorabie tevoa. Ooremment Bonds bought and sold. Tbomas a. Vtse. Member N. FIRST-CEASS INVESTMENTS. New Members N. T. and Philadelphia Stook Bxctaanses exolnilTel; for use of tha Company. w. E. D. Vtsb. Y. Stock Exchange. & Simons Chew, STOCK BROKERS, 3 Exchange Court & 53 BroadiraT,N.Y Stocks, Bonds and C. S. Government Beonritiea Bought and Sold on Commission. BlTIBLT CHIW. JA8. D. SIUONS, Member N. Y. Stock Excliange. Member N. Y. Produce Exchange. R. Interest allowed on dally balances. Ail deposits subject to chec« at slxht. Particular attention to orders br mall or telefcrapb. H. New York. Seventeen Years' Membership In the Stock Excliange. Alfbid RoBXBT J. Kimball. WALaroir H. Bbowm. HXBBBBT b. BBOWN. Bbowv. &7 Excliango Court, N. Y. Branob Office at tbe Brerett Uuuse, Union Square and 17tb Street. BANKERS, IfO. SI ft Gilder 33 DROAD & Farr, ST.^ NBW YORK. Augustine Heard, BANKERS AND BROKERS. 39 Interest paid on Balances. Martdn. Securities carried on Government Bonds and other Investment Becurities bouulit and sold on couunisson. attention to orders by mall or telegrapb. liOans on 3 MortKafji?, Itailway DeKt>tiablc> Mecurlties. SKCU1UT1K8 Buy and sell on commission all classes of Stock and Bonds, for cash or on raancln. ARcnts for Banks, Bankers and Railroad Companies^ Taintor & Holt, BANKERS, No. 10 W^ALL STREET, NEW VORK. TRANSACT DEPOSITS a GENERAL, BANKING business. INTEREST aUowed on received and balances. Buy and sell GOVERNMENT, MUNICIPAL New York Mining Stock Rolston BBOELEK8, EXCHANGE COURT, Neir Vork. Qinut C. Txims, Mamber N. T. Stook Bzoh. BSM8HKLAIK WUTON. STOCK BROKER. Lansdale Boardman, & BANKERS, 30 BROAD STREET, Exchange. Bass, NEW KORK. Stocks, Bonds and Miscellaneous Seonrltlas. Correspondence Solicited. Quotations eheerfullr furnished. Bonds. Private telegraph wires to Providence and Boston. OBO. H. HOLT. TAINTOR. G. D. L-HTIIIJER. W. M. Earl, UEMBER NEW YORK STOCK EXCHANQB, ' BANKER AND BROKER, TO 6S iW DREXEL BUILOIMG, New York. STOCKS AND BONDS BOUGHT AND 80U> STRICTLY ON COMMISSION. Mahoney No. 15 & Opposite Stock Exchange. INVESTMENT SECURITIES. & 15 UALL BUIIiDING Private Wire to Troy. Beourltles carried on manrin. Interest paid on bafnoes Members of Now York & Philadelphia Stook Bxch'ge* PBrVATE WIRES TO PHILADELPHIA, BALTIMORE, YORK, All Classes of bought and sold. City, .• PA., CHICAGO. Hamilton & Bishop, BANKERS AND BROKERS, No. 86 PINE STREET, NEW YORK. (Memt>ers New York Stock Kxohange.) Accounts of Banks, Bankers and others received. Interest allowed on Balances. A strictly Commission Business In the porohase and sale of stocks and bond*. Private Telenaph Win to Albany. Troy, Syraensa, Boehaster, Dtiea, Bn<n.i,i rioveland and Chicago in amounts to suit. Dtmw on City Bar t.. for InTewtment. Special attentio n WALL STREET, DBALBBSIN N. Y., 14 Co., ' i Co., Jameson, Smitli&Cotting NEAV YORK, 80 BROADWAY 4 5 NEW ST, TROY, & BANKERS AND BROKERS, No. IT DTALL ST., NEW YORK. ;. F. J. and RALLROAO and other Members ^ew York ano Chicago Stuck Kxclianges also No. NASSAU STREET. Bond und Special TINKER & WESTON, BANKERS AND 20 NASSAU STREET, NEW TOSK. Co., Members N.V. Stock BxchanRe. INVESTMENT IN FIRST-CLASS DBALBRS Lounsbcbt. Fiibd. a. P. New York & B. HoJJins BANKERS AND BROKERS. 74 BKOADITAT. Co., BANKERS AND BROKERS, No. 18 trail Street, FRANK C.HOLUKt. F.A.YZNAOA. U.B.HOLLINS. O. H. & Kimball J. mar* 8to<A Uzchanfre. Vyse & Son, BANKERS AND BROKERS, Walston H. Brown & Bros John H. Davis 66 Broadway New DEALERS IN BANKERS, pKTSst C0U1TTEEFSITI}T9. t9 Connected by private wire with main oiSce, Bay and Bell on CommlMlon, for ca«h or on York gin. all seoarttiea dealt In at the 182 Broadway, Cor. John Street rorelgn Covernments. EXOR.WINO AND PIUNTING, >'OTi:S, SlIAKK CKKTIFICATES, UONDS I'OK tiOVKllNMKNTS AND COKI'OKATIOSS, DKAFTS. CHECKS, BII.I>S OF KXCHANGK, STAMPS, &c., Sons, Sistare's 16 & 18 Broad Street, New York. 131 South Third Street, Pliiladelpbla. York. Rcorsunlzcd 1879. Enobateus and TRINTERa OF BANK 1,01B. ^itmwjciat Geo. K. Bank Note Company, lSuitla«na NO. 13, 1884. 'ginnncisLU AMERICAN" 14S • Town and Railway Boa^s STOCK BUOKERS AND COMMISSIOX 33 Broad St. 5IERCHANT8, and 57 ExchanK« Plaee STOCKS. BOND.^, (JKAIN and PUOVISIONI boUKht and »>id in New York and Chicago. Chicago Correspondents. WM. T. BAKBR X C«. Direct and exclusive private wirfu THE CHRONICLE. "govRiQu %xcUnnQ^, & Morgan Drexel, "^oxtiQU %xcUixnQfi. Depoeits received subject to Draft. Securities boUKut and sold on commiasion. Interest allowed on Deposits. Foreign ExchanKe. Commercial Credits. Circular Letters for Travelers, Cable Transfers. RTallable in all parts of the world. MORGAN Nob. 19 Issue Travelers' Credits, available in world, through the Brown Brothers & Co., No. 6» W^AIil. STREET, N. T., BOY AND SELL BILLS OF EXCHANOE MESSRS. BE ROTHSCHILD, Also Commercial Credits and Transfers of Money on California. Europe and Havana. & W. Seligman & Co., J. BANKERS, IN ANY PART OF THE WORLD. Francs, in Martinique and Guadaloupe. OF OTONEY BETWEEN THIS ANV OTBBR COUNTRIES. HAKE COLLECTIONS OF DRAFTS drawn & Stuart & Co., BRITISH LINEN J. BANK, LONDON AND SCOTLAND. Kennkdt Tod. Alkxandkr Baring, HAMBRO 11. CO., Co., PARIS STERLING CHEQUES AND BILLS AT SIXTY DAYS SIGHT ON ALEXANDERS & CO., I.ONDON. CiBCULAR, Notes awd Credits for Travelers. Schulz 8c Frank Office, 320 Broadway. Connected by Private Wire. ) Members of the N. Y. 8to<* F. Dickinson, t and Mining Exchanges. WALCOTT, JAHES WHITELY, Ruckgaber, Wm. Travers, R. No. Br a Kf'u rtuvirva 5 ^^ Fifth Ave., New Y'ork. BRANC H OFFICES j ggg jg^^ g^^ Washington, D. C. Buy and fell on commission all classes of Railroad Securitlesjalso Grain and Provisions. Private Teletrraph wires to Philadelphia, Wilmington, Baltlraoro, WashinRton. Bridgeport, New Haven, Boston and Pittsburg. C LjD^IVELE, WASHBIJRIK SOX, BANKERS AND No. Stock Exchange. Interest allowed PARIS. Co., CABLE TRANSFERS, BILLS OF EXOHANSE akd commerclal and travelers' credits. CO., Berlin. KOVKTZE BROTHERS, BANKERS, 120 Broadway, Equitable Building, New York. LETTERS OF CREBIT AND CIRCULAR NOTES Issued for the use of travelers in all parts of the world. Bills drawn on the Union Bank of London. Telegraphic transfers made to London and to various places in the United States. Deposits received subject to check at sight, and Interest, allowed on bair ances. Government and other bonds and investment securities bought and sold on commission. J. H. GOADBT & B. E. WALKER, JOINT AGENTS Canadian Bank of Commerce, 16 EXCHANGE PLACE. 19 Broad St.,N. Y., Mills Building, Transact a General Banking Business. Foreign Exchange, Bonds, Stocba and Miscellaneous Securities bought and sold on commission. JfLitrs A. Kohn. DA\aD Ochs. Moritz Ochs, Memb.N.y. Stock Bxch. Memb.N.Y. Stock Ex. Fred. H. Smiti BROAD ST., NEW YORK. STOCKS, BONDS ANl) PETROLEUM No. 20 Bought. Sold, and Carried on Margins, Tntlmnte knowledge of all mtlroads for past twenty Parties desiring to buy or sell anqnoted securities will do well to communicate. years. SmTH, Members N. Y. Mining, Stock A NaW. Sotth, J tlona' Petroleum KxchaDKe. F. II. 8. ) RIessrs,Marcuard,Krauss& Co., Paris. Commercial and Travelers' Credits. . Bills of Exchange. Cable Transfers. ALL PARTS OF THE WORLD. L. S. Frankenheimeu, Members Asiel .m. Selioman, I'^Y. Stock Exchange. & Co., BANKERS AND BROKERS No. Bl & Oilman, Son No. 62 Co., CEDAR STREET. In addition to a General and Sell EXCHANGE PLACE. Banking Business, boy Government Bonds and Investment Secorl- tiea Simon Borg No. 8 & WALL STREET, DEALERS IN Co., NEW^ YORK. ALL KINDS OF Railroad and InTestment Securities. BODTHKBW BBCURITIES A SPBOIALTT Jo&n J. C. Humbxbt Humbert, E. C. Member N. Y. Stock Exoh. E. C. Humbert & Son, BAlfKEKS AND BROKEKS, No. 29 W^ALL STREET, BANKERS, E. ASIEL. Co., BANKERS AND BROKERS, International Bank of Loudon (Limited) Loudon. Messrs. jonu Bereiibcrg,Gos8ler &Co. IN & A. Kohn J. CORItKSPOyDEXTS: A: to sight draft BANKERS, BARING BROTHERS & CO., London PERIER FIIERES &. CO., Paris. MENDELSSOIIIV on deposits subject LANSING C. WASHBUHN. Cbas. J. ToivNSEND. Member N. Y. Stock Exchange & & in at C.B.CALDWELL. FOREIGN BACKERS, | BROKER,'). WALL STREET. 3 New York Co., AMSTERDAM. & CO., Jk TOWIVSEXD DEEXBt BUILDING, Hamburg. Special Partner. Prince & Whitely, 64 BROADWAY, NEIY YORK. BUY AND SELL STERLING EXCHANGB.CABLE BANKERS. TRAN8EERS, ETC. 29 WILLIAM STREET, NEW YORK. ISSUE COMMERCIAL CREDITS, A VAILABLE COHRESPONDENTa OP THE H. CRUGER OAKLET, HARRY C. LOGAN, MATNAHD C. ETBli, HENRY H. Dodge, Washington, D. C. & BOSTON, MASS. Wall and Nassau Sts., New York. Co., Railway, State and A- Kidder, Peabody Co., No. 32 Nassau Street, New York, No. 4 Poat Office Square, Boston, CHEQUES AND CABLE TRANSFERS ON ic OVENS HOTTINfirKR Cor. Scribe, Parla. for London and American markets MUNROE Brancb Jos. C. tta* Exchange on MEI.VI1,1.F„ EVANS CO.,!Tni«nftii. •JI'ONDON. C. J. <& SON, Sell Bills of No. 80 BroadTVar, Nenr York. Members of New York Stock Exchange. FOREIGN EXCHAN GE. C ABLE TRANSFERS. & stocks and Bonds bought and sold on Commission. Orders received in Mining Stocks, and In UnlisteO Securities. Collections made and Loans Negotiated. Dividends and Interest Collected. Deposits received subject to Draft. Interest Allowed. Investment Securities a SpeoialtT We issue a Financial Report Weekly. the Ofter InTetitment Secnrltles. : Rue Co., Purchase and Sale of all Securities dealt Buy and sell bonds, stocks and securities in all American, Canadian, British and Dutch markets on commission. Collect dividends, coupona and foreign and Inland Drafts. SS? K'o^racSi'.THOS E. DAVIB. W. G. H. HEATH. William Heath & Co., BAIKKERS AND BROKERS, Draw Bills of Exchange and transact a general financial commission buBlnesa. Particular attention given to American Securities. & BANKERS AND BROKERS, No. 24 Pine Street, New York. Transact a General Banking Business Transact a general Banking Business, Inclndlng BANKERS. 10 Thros:niorton Ave., London, Bng. New York Stock securities dealt In at the C. Walcott J. Act as Agents for Banks. Bankers and Railroad Companies. Issue commercial credits, also foreign and domestic travelers' letters of credit in pounds sterling & dollars. ALSO, John Munroe all Y. Stock Exoh. WIIjLIAM street, No. 63 CABLE TRANSFERS AND LETTERS OF CREDIT NEW YORK LONDON PARIS City Loans negotiated. Member N. Kennedy Tod J. ! EDINBURGH, AND BRANCHES Orders solicited for Investment or on margin. margin, CO. H. O. NOBTHCOTE. NATIONAL BANK OF SCOTLAND, No. 19 Members of the New York Stock Exchange, Dealers in Foreign Exchange, Government AND other Investment Bonds. STERLING LOANS A SPECIALTY. 64 Wall St. and 62 Greene St., N. Y. Buy and sell on Cf)mmSsslon, for Investment or OD DRAW ON BELFAST. IRELAND; AND ON THE & Chas. Unger & Co., BANKERS AND BROKERS, THE UNlON BANK OF LONDON: VIiSTER BANKING COMPANY, William Heath York. atija %xjaUii^s. ; "LIMITED;" & New Accounts and Agency of Banks, Corporations, and individuals received upon favorable terms. Dividends and interest collected and remitted. Act as agents for corporations In payin,< coupons and dividends also as transfer agents. Bonds, stocks and securities bought and sold on commission, at the Stock Excbanf^e or elsewhere. Sterling Exchange and Cable Transfers bought and sold. SiniTH, PAYNE ic SMITH'S, BANKERS, LONDON! {MANCHESTER & COUNTY BANK, William Heath Street, firms J. 33 NASSAU STREET. BILLS OF EXCHANGE ON MANCHESTER, PAYABLE IN LONDON WiUtam 52 abroad on all points in the United States and Canada, and of Drafts drawn in the United States on Foreign Countries. J BROAD STREET, John Paton & Co., SUCCESSORS TO JESUP, PATON & CO., nAKE TELEGRAPHIC TRANSFERS ^nnlitXB Exchange. and their Correspondents. IN STERLINQ. And in parts of the all Parable in any part of Europe, Asia, Africa, Ausirella and America. Draw Bills of ExchanKe and make Tele^raphtc Transfers of Money on Europe and California. ON ORKAT BRITAIN AND IRKLAND, FRANCE GKRMANY, BELGIUM, SWITZERLAND, NORWAY, DENMARK, SWEDEN AND HOLLAND. Issue Commercial & Travelers' Credits ATAILABLE Street, Tiew York. Issue Letters of Credit for Trarelers, On SBLIGMAN BROTHERS, London, SELIGMAN FRKHES & CIE., Paris, SBLIGMAN & STKTTIIEIMKR, Frankfurt, ALSBEltG GOLDBKUG, Amsterdam, ALTMAN & STETTUKIMKK, Berlin. OLD BROAD STREET, LONDON. Ho. 22 and 21 Naosan No. 23 CO., &. Co., BANKERS, Attorneys and aoents of Itlessrs. J. S. & Co., August Belmont STREET, CORNER OF BROAD, NEW YORK. Drexel & Co., Drexel,Harjes & Co VoM South Third Street, 31 Boulevard HaoBSmann, PARIS. PHILADEI.PHIA BOHESTIO AND FOREIGK BANKESS. TVAIili XXXIX. JlVoL. Hatch NEW YORK & Foote, No. IS W^all Street, N. ¥. We make U. S. Bonds and Investment Securities a execute orders in STOCKS and BONDS same on margin. We transact a general BANKING business and ALLOW INTEREST on DEPOSITS. Branch Offices, connected .by private wire. Norwich, Conn., and Boston, Mass. specialty, for cash or carry the December THE CHRONICLR 18S4.] i:!, l^nuUcvs and gvolicvs. 'gnuUevs nn& ^voUevs, R. A. Lancaster & Co., Wood, BANKEKa AND BKOKKK8, & Huestis PINK 31 BT.. CTMTED DANK BVILDINO, BANKERS AND BROKERS, HUCCEIISOIIM Til Railroad & Mlgcellancons Securities. WOOn Southern SecttriliM a Bpeoidlty. Railway Share Trust Co. (LIMITED), IbaNsa listed at Howard n. & Lapsley PINE STREET, NEAV YORK. 38 DoroLASs orun, Memb.N. Y.Cotton Kxth W. W. Dudley. &. SS WALL 8TRKET, NEW YORK. Stocks, Cotton and Forelicu Exchange PriTata Wlr« to WuhlnKton. BATKMAN Ik TO.. Wacufnotov. n. C. COIX J. TnRNIB, JAB. TrOHKR. N K. LIN8UT. Special. Mamb. N.Y'. Stock Exoh. C. Capital Paid Up, £971,360 ai«rlla«. 16 & & W. H. Goadby & NO. boogbt and eluaea of Secnrltlea dealt STOCK EXCBANOB, (LIJriTEDj and STOCKS, and L,ONDON, ENGLAND. ter of .... . ie4, 000,000 • ..... 4,000,000 ...... 1,000,000 Bond all Paddlngton, Aldgate, Old Street, Uill, York, Inveatment Seenrltles. P. O. BOX 2,847. WATLAND TKASE. H. J. MOBSI. Sell W. C. Hnx. No. 4 NEW YORKAKenU,J. & W. Seligman BOSTON <t Co. Correspond'ts, Massachusetts N. Bk Authorized Capital, • Pald-ap Capital, - Beaerve Fund, . . . • $6,000,000 1,500,000 400,000 FRED'K V. LOW. !«.„.„„. IGNATZ STEINHART, J "*""««"• P.N. I.ILIENTHAL. ("aohler. Hong Kong & So* Excbnnse Place, Office, I'^S I.a Salic N. Y. St., Chicasrot TRANSACT A (iKNKHAI, DANKLNG BCSINESS. 'I'UV. I'LKCHA.-iK AND SAI.K OK STOCKS AM) ll<»M)S KOU CASI! OH ON MARGIN. BUY A.NI) SKI.L N V KS TM K.NT SECUHITIKS. INTKREST ALLOWED ON DEPOSITS SUBJECT TO CHECK AT SIGHT. P. O. Box 447. D A. BOODY. C. W. MCLKIXAN, Jr. Reuben Leland. 1NCLUDI.N"<; I Shanghai BANKING ASSOCIATION. Paid-up Cuiiital 17,600,000 4.4'i0 000 Uescvve Kunil 400,0m0 Ueserve for Equalization of Dividends Liability of Proiirletora 7,500,000 Reserve The Corporation grant Drafts, issue Letters of Credit for use of Travelers, and negotiate or collect Bills payable at Bombay,{CH,cutta. Singapore, Saigon, Manila, Hong Kong, Foochow, Amoy, Nlngpo, Shanghai, Hankow, Yokohama, Ulogo, San Francisco ni. TOWN8END, Same Bank of Australasia, (INCORPORATED 1835.) 4 Tbreadneedle St., London, England PAID-UP CAPITAL, branches of the Bank In the Colonies of Queensland, New South Wales, Victoria. South Australia, Taamania and New Zealand. Bills negotiated or sent for Collection. Telegraphic Transfers made. Deposits received In London at Interest for fixed periods tarms which may be ascertained at the on office. PKIDHLAUX SELBY. SacreUry. Narr & Co., STUTTGART. GERMANY. BANKERS, BANK , Xailuay Share IViMl the f Limited). CAPITAL PAID UP, with Snrplna, £1,956,410 Sterltna. Blake Brothers & Co., LONDON, ENGLAND, Solicit acconnts and agencies of Banks, R&llwayi. Corporations, firms and individuals, upon f aror able terms; also orders for the purcbaAe and sale of Bonds. Shares, Ac, 3tc*^ on CoounlsaiOB on the Stock Exchange. Negotiate Railway, State and City Loans and Isene Commercial Credits available In all put« of the world. De Twentsche Bankvereeniging, B. W. BLIJDENSTEIN & CO., AnSTERDAId, • . • . HOLLAND. Established Sabscribad (^pital, 8,000,000 Paid-up Capital, BaaarvaFond, Head Exchange. Adranoea wtnesa paper aD<l other aecuritle*. made on York Stock Exchange. uvuims MEHBEBB New Philadelphia Stock Exchange. 1 J 7,871.100 - »ta,8e3S7 OIBce, isei. - Onildars (IS J00,00«.— •• " (t3,148,4M.— (|83».MSje> Amsterdam. BRAlfCHSS London— EZCniANGE « INVESTMENT BANK B. W. BLIJDENSTEIN A CO. Nos. M A se Tbreadneedle Street. B.a Rotterdam-DBWISSEL-an EFFBCTBNBANK. Enschede— B. W. BLIJDENSTEIN, Ja. Almeloe— LEDEBOBR A CO. Transact a general Banking and Commission Boat, oaas in Bills, Stocks, Shares, Conpons. Aa <t Y'ork Stock m Company fl.BOO.'.rtl. Guarantee and Reserve l-unds, f'Vll^.OOX Letters of Credit and Drafts Issued on the 113 BVII.DING, A. P. TURNER & CO., lYall Street, Corner Broadway. M THREADNEEDLE STREET, OOllMESOIAL PAPER. STOCKS, BONDS LONDON. Stocks and Bonds bought and sold on commission New BANK BCILDINOS, Dlrectort Agent. 47 Wltllam 8t. AMERICAN BANKERS, at (LIMITED), LONDON, ENGLAND (LIMITED). A. BA N KER!< inriTED COMPANY and London. ^ cor. Railway Debenture Trust KENNEDY. Manager. TUB Anglo-Californian Bank NEW IBoodi|t Branch Address— Patt, Loinxiit. (Table Tottenham Court Road Street, Ludgate A. G. Transact a General Banking Business. Including the purchase and sale of STOCKS and BONDS for caah or on margin. 38 Broadway, or Registration of. Stocks in London, cr otherwisa. Agency of Foreign and Colonial Banks. CK> Co. BANKERS, 18 WALK. STREET, Bnr and naU payments of Interest on Loans. Dividends oa BRANCHES Transact a general banking business. Issue Commercial credits and Bills of Exchange, available In all §Hrts of the world. Collections and orders for Bonds, locks, etc., executed upon the most favorable terms. A. M. KlODXB. Mansclnc Director. London. m. New P Loans on the London Market, acts as Agent for Reserve Fond, £300,000. OFFICE, THREADNEEDLE ST. Uolbom, bongbt and aold In the and COMMERCIAL PAPER negotiated. Intereat paid on DEPOSITS, subject to check. No. Esq., 11. Youn(]. B&rt. Loans of approved Railways, negotiates an4 HEAD the YORK repotable Secnrltlea In at all Lawrence Railways and other Corporations, either in the LONDON, Head Office, 3 Angel Court. OPEN MARKET. LOAMS SAN FRANCISCO Office, 422 California St, or Ea<). DKtTMiiOND woLrr, FRANCIS PAVY, Issues The Bank^whtle conducting the general business of London Bankers, gives spccIhI attention to the t^euu^ORK> on Commlaiion GOVERNMENT sell 1. This Company undertakes the bosiness of Tmstaa The City Bank, New Vork. - RAILROAD BONDS Uenbt Sir Charles to Pald-l'p Capital, & Jenkins, -BnnKERS- Pnrchase and Co., Snbacrlbed Capital, Bouden and Cbalrmaa. P., C. 8. O. C. M. O., K. C. B.. & ^0rjct0tt gtiufecrs. Kniglitsbrldge, §T. Sir Anthorlzrd Capital, Sop, Stocks and Bonds Bought and Sold on Commtflslon Accounts received and interest allowed on baK lances, which may be checked for at sUcbt. 25 f iNe U. Co., BAIVKERS AND BROKERS, No. 18 AVall Street, MALCOIJC a. I.AINO, BANKERS AND COMMISSION MERCHANTS. a Rxehansv roart. Nftv Work. rhlcngo marfcaf* & Eso., General Henrt iiupkihson, JoaN UOKATiu Lloti), Esq. John Penoir, Esq., M. P. WALL STREET, 8 R. T. Wilson Hi&AM Dewing. Cr.AHK Dkwino. f. t. Bontccod. (Member of New York Stock Exchanxa.) H. Dewing Co., New York. AND PROVISIONS New York and wnlrl In a LAINO, AND BROKERS, BAlfKEI^a BA.NKEKS AND BROKERS, 18 Bruad Street, New York. STOCKS. BONDS, GRAIN DinBCTORS: Neir York. BATEmAN, Turner J. LONDON, ENGLAND. BROAD STREET, No. 34 A. E. Batsman, M*nib.N.y. Stock Kxcb. GREEN BANK BUILDINOa 4 Co., BANKERS AND BROKERS, Stewart Brown's Sons, STOCK BROKERS, No. MORTOAOE BOKDI tLUUKSTIB. L.M. SWAK HAII.ItOAl) KlIIHT OKOROR a WOOD, gun he VS. THE DAVIS. A. Bxecute nrdeia In all securities York Stock Kxchunue. Kur Hiile, mUT-CLAIIS 'govtlQM Co., NEW YORK, BROADWAY AND WALL 8THKKT, NBW TOaK DKALKItS IN Ul New Tobk Messrs. Correspo.vdkhts : KNAUTH, NACHOD * KUHNK THE CHRONICLE. Iv & L. de Steiger J. Cobb Brewster, Co., & BANKERS, FRANKFORT-ON-MAIN, GERMANY. Bank of Montreal. 36 BOSTON STOCK EXCHANGES. AI.80. $12,000,000, Gold. $6,000,000, Gold. Dealers In Rlnnlclpal, State, Railroad BMITHiiRS, President, W. J. BUCHANAN, ©eneral Manager Joshua Wilbocr, Charles H. Sheij>on, Jb. Bknjamin a. Jackson, William Bisnky, Jb. • SUUPIilJS, - C. F. ALKX'B LANG, J and United States Ronds. Wilbour, Jackson IfEW YORK OFFIOM, Nos. S9 & 61 IVALIi STREET. & Co., TTEYROSSET STREET, 63 PROVIDENCE, R. Dominion of Canada. Perkins, OF Capital, Beserve, . New York and & Dupee Boston. Co., No. 22 Abclinrcli Lane OfflicC) ANDREW ALLAN, Esq. UOUKRT ANDERSON, HEAD OFFICE, MONTUEAL. GEORGE HAGUE, & Parker General Manager. H.P1.UMMKR, Assistant General Manager. HANKERS: liONDON. ENG.— The Clydesdale Bank (Limited.) KKW yoRK— The Bank of New York, N.B.A. The New York Agency buys and sells Sterling ExJ. ohange, Cable Tran.^fers. issues Credits available in all parts of the world, makes collections in Canada issues Drafts payable at any of -ijtiie offices of the hank In Canada. Every descri;(tlon ^ of foreign banking business undertaken. Hewlfork Ageucy, JNo. 64. ^yall Street. HENRY UAGUE, JOHN B. Swan BANKERS .„„„,. {Acents. JR.. 13G ^atthjcrs. AVALL STKEET. JOB. M. SBOSMAKEB, & M. PlIII.AOEf^PWIA. &.C. and other banking business trans1), A, MM'A Vlsfll, ^„„.,.. Agents. W. , H. .'(nKKMAN. K. Imperial Bank ot Canada. OAPITAIi (paidap), H. 8. - > (1, 600,000 •-..... HOWLAND, D. R. Pres't. $678,000 WILKIE, Houston, We Texas. give special attention to oolloctions accessible points. on all DrRKCTOKS.— Uentamih A. Botts. Pres't; P. A.Rloe. B. Botts, Rob't Brewster, S. K. BENJ. A. BOTTS.Pres't. & Co., Currespuijilents.-Bank of the State of Xoir York, Vi-rk; Luuisiaua A^utioiial Bank, New Orleans; of Livcrpuol (LimitedJ, Liverpool. New Bank T. Br^CKWKl-r. P. A. WlLBYv Casbief. Durham, oi C, N. With ample means, and facilities excelled by no Bank in the State, invites correspondence ai,d pays Narr BANKERS No. 322 I HOBANQOET, Salt & Co., Bank op Monthkal, 73 Lombard street. D9 Wall Street. & St., Co., AGE.MTS, TOkoNTO, CANADA. to wtlfectlons and all tatesand PbUadelpliIa. roiTf-p.inflpnts-nanU ot Xew York, ,\tliancu Hank, Londfin. gSaulicrs. VIKUINI.l. ^ mission. New Nnitli Ciiri'Utia ti per cent bonds, secured by lien on thy Mate's atuclt in the Nurtli Carolina Railroad, for sale. WM.O.CouiiTxin-.Pres. BAXK OF EnxiiST H.PRiN-(ii,K,Cash. CIIARLEl^TOX, n-\.\KlN(J .\SrfUCIATIOX, CHARL,ESTON, SPKCIAL attention S. lilVK.V T(> C. COLLECTIONS "SSltstcvu ^ivukevs. & ; Correspondence solicited * Co. fui- Co., baivkers. DEAKBOHN STKEET, CHICAGO, II.I.. D/^ATTiQ a & IlaFrls No. 176 Co., and Information nisned. N. Y. Correspondents— MnKIm Brothers W. I]|«>1E:STM£IV'I' specialty. ^cw i Vir;finia Bonds funded undfr tho Kinullnp Act pa.s^ed t>y the la^t I.eKi-laturc. fur per cent com- N. l^^nrope. BANKERS AND BROKERS, UALTIItlORE. INVESTMENT and SOUTHERN SECURITIBB finan- New Tork N. C. parts of the United States all Collections made on all Southern points on best terms; prompt returns. JOIl.v r. iir;.\N('ir, President. J.>n.v !' Gr.E S.v, ( uah. t. Vi ee- Prcst NATIOX.M. BROKERS, Wilson, Colston cial jnatiera. ami made on RICmnOND, CnJKSTNUT STREIiT, ^aXtimove AND GENERAL WAi.hiB, Caahler li. MEECIIANTS' NATIONAL BANK, RICHMOND, VIRGINIA, Orders executed by pnvate wire in New York. Bos ton and Baltiuaure. Tiralts issued on all principal points In the United Buchan, STOCK AND EXCHANGE RROKERS Colleetlons Gerlach, ANI> A. Pres't. National Bank, PHILAOKEiPHIA, I ProOQPtest attention paid to collectiooe payable In any part of Canada. Approved Canadi.ui business paper discounted at the Head Offlce on reasonable terms, and proceeds r smltted by draft on New York. & BUHKUss, First - Stocks and Bonds Bought and Sold on Commission Port Colborne. St. Thomai, Ingersoll Weliand, Fergus, Woodstock, Wmuipug, Man,, Brandon, Man. Dealers In American Currency & Sterling Exchange. Agents in London Agents in New York: Prompt attention given HOUSTON, . DKALEKS IN CAR TRUSTS AND OTHER INVESTMENT SECURITIES. Cashier BRANCUEB: & Clark No. 35 Soatli Third. 81. Catharines, Gzowski Of TIIOiTIAS Bl. &~C0., BANKERS AND CO.M.Ml>.^lo.N MKRCUANTS. BANKEISS, HEAD OFFICE, TORONTO. : , , CAPITA!., $500,000, WH-niNGTON, LliMITEl), available In tho Urazils, River SIIRPLU.S, THE CITV BANK BOJJEHT M. JANSKy. Shoemaker Co. CIKdJUAH, NOTES Issued In Pounds Sterling Jos. nil parts of the world. C<>.^IMK1(> BANKERS AND STOCK BROKERS. CIAL CKKKITS ISISIIEI) lor use in Europe, China. Jiipan and the Kant iiiid West Indies. .Vhn, No. 134 SOUTH THIRD STREET, In nan-e of KKW 1.0,M)UN.& HUAZIMAN Chicago. Bills collected D gaulicrF. Jiioxitliertt DrKHAM, available in Plate, Itl AVeatern Uniuii wirea in their otScea, by iiniueMiHte comnuinication can be had with hU coniiuercial poini:* in tlm country. Especial attention Kiven ti» purcnajie and sale of Virginia Consols, Teu-forlic^. Deferred and all isBaes of the State, and to all classes of Southern State,. City and Hallway Seourities. Currespundenoe sO' The Bank AND BROKERS, demand acted. B ALTKMORIC, Hare B. Sterling Eich:inge nnd Cable Transdrafts on Scotland and Irelano; also on Canada, British Columbia, Ban Francieco and JlAHiU Sei-urltieMf 34 SuUTH STPuEKT, . meane of which ITIiddle Street, ^jciittstjttjaiiia: sell Issue in GovcrnniciitM, Stock» and luvesUuent special attention to collections. North America, Ko. 52 Buy and Sons, President. OP fers. Fisher & BANKERS, And Dealers W. & Barrett, Dealers In OoTcrnment, ?taf.e, County, City and Hallroad lionds, Bank Stocks, Ac. rjesirable Invostment Securities constantly on hand Bank British Wm. P«RTI,AND, MAINE. '•'''AGENCY OF TH13 MD, Members Baltimore Stock Exchange. uf AMubiie IJonds. BOSTOTV. ) HAKIilS. Stackpole, DEVONSHIRE STKBBT, ana elsewhere, and STP.EET, BAIiTIillOHE, BANKKIi.*^. • ITIOBII.IJ:, AI. VBAITI A, SpGdal attcBtion p;iUl to Collectinnsi, ^Mh pi^otnDt remittances at currenr rates "t C'.\L-ii:iiiye oy day of p;iyinent. JIuynnd soil State of Alabuma and City BANKERS, No. 60 GERMAN £5 Thos. P. Miller Dealers In Municipal, State and liallroad Bonds. Esq & 0. C. Baldwin, W. Vcllhennj-, B. F. Weems. B. F. WIOBMS, Cashier. STATE STREET, BOSTOiy, MASS. §1,250,000 President, Vice-President, Co.), No. 40 85,700,000 Paid Up. . i, BANKERS AND BROKERS, CAflfAUA. - Sweit CFormerly Chas. A. Merchants Bank OLtTBR. Hclted. Dealers in Commercial Paper, Government and other flrst-clasB Bonds and Securities and Foreign lioudon B. I. Bny and sell Sterltm; Exchange, Francs and Cable Transfers; grant Commercial and Travelers' Credits, available in any part of the world; issue drafts on and make collections In, Chicago and throughout tbe Exchange. Private Telegraph Wire to WM. (KET3BR BtJlLDlNq^ Nos. 23 Box 397. Opposite Second St BANKERS AND BROKERS Agent*. ^aulicvss. MII)DBN£)0RF. BANKERS AND RHOKKRS, Estabrook, CONGRESS STREET, BOSTOSf. MEMBERS OF THE NEW YORK LSD ©auaxXiati '^mikcvs. WM. Middendorf, Oliver & Co. BANKERS, No. CAPITAL, ^altlmofc "^zxa gwfilimd gaiilicrs. '^ovitign ^anluers. XXXIX. [Vol. State, Onunty, City. Town, Sctaoo DV-'XN JUO, and Car Trust Bi'uirht and Bold. The luudint; of entire issues receives special attan* lion. Write us if you wiwii to tiny or sei!. ^nglana Ijinfect?. Robert Garrett & Sons, Texas Land & Mortgage Samuel G. Studley, ' COUPAST LIMITED, »»•> BANKlSRS,s- .", .7 (OF I.ONDON, KNGLAVD), COMMISSION STOCK BROKER, No. T SOUTH TREKT, and Agency Business Transact a • .- . No. 4 Excbangre Place, Room Kenerai Kinanclal No. 4, MASS. 'J'\)iijA /JBOSTO.V, Ua -SKB OF BOSTON STOCK f, EXCHANGK. RALTIlHOilE, TRANSACT A GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS. In the State of Texas and Europe. New YorK Correspondents: Blake Bmis. & Co., Wall Street. C. B. Wl^LLEST.Er, Oeneral Mamijjer, Uallas, Texas. 1854.] THE (IHRONICLE. ^ilcstcvu guulicfs. ^'vuGt (CompattUB. Pi i:!, BSTABLlallKU P. 1871. & Keleher F. 8TKKKT, 803 OI.IVU cif Kuimu and Capital, llllnoKk "Dt 8«oarlUu,p«f Ins from F^ George & liustis Co., ^3,000,000 3,541,608 Surplua, ThlACtinipnny l» a tccftl dopoflttory for monerH paid Into court, titid lA HutiiorUad to act a« Kuardlaoor reoelver of uMtiiteii. INTKKKST ALT' vhloh may t>e mnde Qva d»y«' notion, tinrt "' the whol" •" * O. hvNE.-i, Prealdunt. 1>. Incorpuntod IMS. ) I'rompt - - - '. • mi TOO!?. M. Tlloi;\r.iN. TRVSTEKa: Wilson A LjkwsoD Co. \Vr" Kl. fl. " r. ' ', Sl'jja. Mium A, 'I I Samubi B.niittcnden, .mdai 'Oku, i3. BUI. iD. Wlllln.l ITnnt. 1.1. .hn J. A- r;I).- W. TnoBXTOW, Cnsh. W-.i. ..^v^.i.J Vlo»-l'r«»t JA....... Charles $2S0,000 - .Kill. ry for ident. ti'PmldenL . Dan. IT. Arnold, >Jamo8 i.ow. TbomaaSlDCnrab.lW. W. I'li Hunk. :\\ : J' WALKia to all buslnoss In our line. .A tt-ti-.i • .< Qwblor. I ;.— nu!itiell. a nd the th \\ UOCK, AKKAN.SAS. lit: - on ADRIAN 7 ni'LLER II. r!^ 111,1. If ill ^li. ;:... .rran. special %nvtstments. Geo. H. Prentiss & Coi,No. 49 WALL ST., NBW YORK, .l^r.i . W. IIENUT L. T.omso.ll A ..n AND iiu'ey. .; I r .WDj a Cooper. 308 inONTAGDB '1 ILI.DfOrS. iiiilI a',l,ii.'.i-in,ii 611 i'o. 1- irtlt ........ .X. 1..,,..^. ....,.», .,!..,.,.,. AND .I. Ai-.-i!....oit >ii...iiiit i New tia- Lhicu^u; .NHLlOlllil lilltlK. iiuimiiMtKiliM. 813 NO OrnER liUSJXESS. GAS SECURITIES, Autboriied Capital fl.OOO.OOO 800,000 Paid-up Capital Charter Perpetual. Acts as Kxecutor, Adnjlnlstnitor. Assignee, Receiver, Guardian. Attorney, Aiient, Trufiteo and Committee, aloiie or In connection with an inuividual . appointee. Takes charKC of property collects and remits interest and income promptly, and oischarKea faithfully the duties of every trust knoipm to the law. All trust assets kept separate from those of the (jiiBiirantee OF KORTH AMERICA. r i Co. iii4,000 Insurance Department A'tco-PrcsWont Hon. Jas. Keubiicb. : , i ri-.HUieiit; 8nt ALEX. T. ijAi.T. ManuKing Director: KnwAKn Bawlingb. NRVV rORK OFKICK: NO. ITS BUOADWAY. D. J. TOMl'KI.NS, Seoretury. New ToHK Dikkctohs—Joseph W. Xlopklns, H. Victor Newcfinib, Torrance. Edw. F. Wlnalow. Drexel, A. L John Paton, Danie ICrtistus BufKlur-Proof 8nfes and Boxes (luivlng chrome steel doors) to rent at $5 to $iio per annum, in their Wimiin. steel XSD ALL KIKOS OF BROOKL,Y>r SECURITIES DEALT IN. BEE GAS QUOTATIONS IN THIS PAPER. Ko8. 214 & 21tf BKOAOW'AY, NEW CO., YORK* Official? of Banks. Railroadfl and Express Compftnlea. Muniiwers. Hecretarios.aiirt (.'lerks of I*ublic Companies, liisiitutionaand ('uinmerciul firms, can obtain iSOM>S OF SrUELXlSIIIP this rorapnny at nindenite charKes. The bonds of this Conipauy are accepted by ooorta of the state of New York. from CASrALXV DEPARXITIBNT. Policies issued axalnst accidents causing death or totally dtsablini; injuries. t'ull fniormation as to details, rates. &Cm can be obtained ut head ottice, or of t'ompany's Agents. Wm.M. Kicuauds. I'rcst. John M. Cua.nk, Sec*y. llou'T J. Hh. I, AS. Ass't Secretary. DlKKrTORS: David Dows, W. G. Tx)W, Geo. T- Tlope, Cburles Dennis. G. G. Williams, A. S. Barnes. J.S.T.Stranahan, 11. A. Ilurlbut, Alex. Mitchell. D, Vermllye, J. 8. B. Chittenden. A. B. Hull. Geo. 8, Coe. Wm. M. Richards. SHKOMAN 3. JEWfTT. Pres. Josiah Jewktt, VJ:*rea William C. Counwell, Cashier. Bank of Buffalo, ------ $300,000 CAFITAIi, - BUFFALO, This b.mk h!i!* ^ Stock Privileges "'-. ' irffe. .itinables securely itf charBes. kept, undernuarantO"', Car truMts iind othur iiji jiovlU aecuritics lor sale. Money received on deposit at Interest. JAS. LONG. Pres't. JOIl.N' G. liEADINti, V.-Pres't S. STOKI';-, Treasurer* Secretary. D. R. I'ATTtU.SON, Trust Officer. DTnECTOus.—James Long, Alfreds. Giltett, Allison White, l)r. Chas. I". 'I'urnur, William 8 Price, John T. Monroe, W. J Neiui, Thoa, R. Pstton, John G. Reading. Jas. S. Martin. I>. Hayes Agnew, M. I)., Jos. 1. Keefe. Robert Piil'ersor, Theodore. Engel, Jacob iS'ayliir, Thos. G. Hood. Kdward L. Perkins, PHILADKLIMltA; tiamuel Uiditle, GLKX ItlDIILK, Pa.; Df, George W. Kelly. llAKltlsiU'litJ, I'a.; J.Ejimpson Henry 8. Kckert. Heading; Africa, HiNTiNOiioN Kumund d. Doty, Mlirri.iNToWN W. \V. H. Davis, DoYLitsTowN R, K. .Uonughan, Webt Chestek Cfaas. W. trooper. ALI.kntuvv.v. NEGOTIATED. i' MAULON INVESTMENT SECURITIES BOUGHT Joliet colleoin the United States, terms extended to ' :. V tnut;.--. .l.^.-l.^ i>. ,a'-.» i i ints. -rk, Xatlonal Shoe & l«eathiir tiank; Lniuii H;itiit<>i l.Dndon. aiAXlIATTAN Depositee Storage Co Safe 346 ic 348 BROADtTAlT, Comer of Leonard Street Safes to rent from §1 NBW YOKK. ':, Grand Uupids eta., TltUSTKKS: H. E. Plerrepont, JoslahO. Low, E. K. Knowlton, Ale.T. M. White, John T. Martin, Wm. C. Klnksley, A. A. Low, Fred. Cromwell, Alex. Mcrue, Mich'lChHuncRV.lotin P. Kolfe, B. Kendall, $200 per year, AND CAN UK IlENTKI) F»H A 10 Henry K. Sheldon, C. D. Wood, Wm. H. Male, HonrvHangor W. Corlles, JAH, itO.SS UlpieyRopoa. (XTIRAN. rtl»cr«r.Krv. BOUGHT AND SOLD. ; 8aa qnotatlons of Cltr Rallroada tu thu paper. E. and Stock. IIACIIPIELD, No. a AVall Street. & Reed Duncan Building, Flagg, & Pine Sts, ENTRANCE Cor. Nassau No. PINE STREET. 11 BROKERS AND DEALERS O TV I> S. 13 No. 21 * NASSAU STREET, DIALBB IN CITV RAILWAY iiTOCKS G^AS STOCIiS, 1BI)5. (CHARTER PERPETUAL.) 91,000,000 THE WESTTERN CAPITAl. ASSETS «14,5S3,444 S3. INSURE LIVKS. CElVp; MONi:\ mand.oronwj: on N'T \ AN'NTITTKS, [,i,ow- m'HA- ercM liTliiw t- Vil-< < I i-i RB- Farm Mortgage - .... .-,;>ii;i5<, -.^-il-JNi'S, etc., lor . . ' tl> their capital 1 and -ty. sii are kept separate 'iinpany. an abroad carefully : Co., LAW^RENCE, KANSAS, onde- OITers to Investors the best securities in the FIKST market MORTGAGE LOANS UPuN IMPROVED FAH.Md. Interest and principal paid on day of ma> tarlty in New York- Funds promptly placed. Laria experience- No losses. Send for circular, referenc^e and sample forms. WAKNE. V. it. PKHKINS. President; J. T. L. H. PERKINS. Secretary. N. F. AodlUx Vlcc-Pre«t.: HART, CUAS. W. GILLKTT. Treu. COl...^L._.. SA.Ml. K. bill lent, WISTAR ASA S. Wi.S-i. T. President. and Actuary. I. i.'nt John Manning, B. BANREli .AND BliO&KR. Metropolitan Trust Co., NFW yORK. CITY EAILBO.iD STOCKS & BONDS liiiiUimi iload:» TRUST CO.'S STOCKS, XU£ TELEGRAPH STOCKS, Provident Life &Trust Co Bank Stocks, bixiirance Stocks. OF Plill.ADELiPniA. IVIONTH. H. L. Grant, No. 145 BROADWAY, .1^ lstsand9ds- Imllana Bonds. ALBERT ministrator. It can act aa agent in the sale or management of real estate, collect interest or dividends, receive registry and transfer books, or niafce purchase and sale of Government and other securities. Religious and charitable Institutions, and persona unaccustomed to the tran.<action of business, will And this Companv a safe and convenient depository IIU'LICV KoPKS. President. for money. KDJlUM) w.cuHUKd. Vioe-Pres't. to DAY IVKEK OR & Clinton Brooklyn, N. Y. This Company is authorized by apecuil charter to act as receiver, trustee, guardijui, executor or adCor. of Montaitue Incorporated Third Mo., Sad, making & Northern ; The Brooklyn Trust Co, Wm. A.VD SOLD. ^V ANTED: Rome Watertown .V Ogdensburip Oswego & Rome Bonds. ; i N. Y. pwporlor fa^itUies for W. W. WALSa aio. H. PttKNTIgs, Member N. T. Stock EzehAnce. : FIDELITY & CASCALTY Stocks and Boii(I« Street Railroad Fire and Burglar-Proof Vaults, protected by improvf.-i Wills kept in vault Bonds and stocks, isoo.oco 400,000 .1 : Company. new and elegant chrome The BROOKLYN. AKD CHESTNUT 8TREBT, ; Bonds of SnretJysliip. ST., GAS STOCKS Secretary PHlIiADKLPHIA. Counties iinl t,..i.... BOW, A. PINE HTKKKT, Ni;W YOliK. ' ,, Se & SOX, BANKERS AND BUOKBUS, The Union Trust Co., ColloHi ADOTIOB ot WRDMEBDATB AND BATURDAYB. (K.~tnbll»hc<l ISW.) SHKLBYVILLE, cImmm r. TJIOaiVJTON F. all STOCKS AND BONDS 1 W. of ^v. nnd money. German Bank, I.ITTI.K Capital (1' BALES No. will <N\vr uoMiro. tiTATK BANK, (0. T. ) '• •• and feiUL nosH, as i>t for iiter»>(ii . UDdenlgiied hold RKatJLAIt Kxecut. u A N K B n a < Tlie rOSITrt. .'irawnaftar 11 BONDS and At Auction. WAI/L STilEKT. No. 49 BT. LOUIS, MiMourl, IfSW rOKK. 0>' Dcnicr* In tl'nNtoru fiecnrltled. nefn.iltr'i PiiMil'. STOCKS United States Trust Co, Co., »UU8 BnlWins, PAIIl 3.") Willi St., IP CAPITAL, «tl,000,000. Designated as a legal Dep .ii.rv preme Court. Receive depi act as tiscal or transfer h**dor!* and nooept and exor New YorS:. f>v order of 3a- ^ on Interest, lor corporai .i tnnts SOUTHERN THOMAS HILLHOUSK. President. FREDERIC D. T APPES. Vice-President ..^SSWALTBB J. BIUTTIN. Secretary. New Vork Cltf* SEt:i'RlTlES A SPECIALTY. Ststc. Muulclpnl and Pallway Bonds and Coapots bouL' ut bei^t murlcei rates, lavcstura ot buy or sell are Invited to commae!* (la«.^ : J froffl persons or corporations on as i.ivoruble terma as other atmlisr oompanies. F** No. 6 Wall Street, M*^.,, ... .,: ...rtNew York Pforiv' Kxchante. M0RT«;A(JF«I. u..^ ili.'Mi..,! -ir.,bol..»n». Atriolute safety an v;|.|H(n-ti.,:i. Too Kansas Ulssourt Loou A Trn:<t Co., Wyandotte, Kaiuae.,. .1 I THE CHRONICLE 71 ^pi^cini 'gxwtstmttJits, Jut^x'cst, glwiamitls, [Vol. Sic. IE UNIOIV PACIFIC RAII>A« MORTGAGE & INVESTMENT T* CO. o^nviiA BRiDes: bonds. iNCOKPORATED. Offers CAPITAL, $150,000. carefully selected Iowa and Eastern Kansas In accordance with the provisions of the above bond ^. we, the undersigned, hereby give notice that tile following numbers. viz.; lOlW 1 102 1313 2051 Ii50o 1378 1837 102S 1?97 JHSli 2193 190 1147 1787 1251 2078 1485 15S9 toll lH3fl 1418 93 1.574 2045 2383 201 462 2;w 8391 883 555 1014 2171 713 1694 .W H7« 817 1011 1391 868 1245 2475 2211 766 4(11 1448 1300 831 l»5« 1645 1343 1681 891 assH 1186 1211 409 1947 669 1437 1291 W76 'iiKi 1493 3160 286 900 1517 353 386 H7a 74 1687 2384 1679 2213 903 2457 illii 2178 2003 1081 1317 501 57 1877 180 548 405 1179 2024 2069 2442 1810 were this day designated by lot in our presence to he redeemed, together with the premium thereon, as provided in said bonds, at the London and San Francisco Bank (Lm ), No. a^ Old Broad Street, London, E. C. England, or at the office of Messrs, Drexel. Morgan &Co., in the city of Now York, on the first day of April, 1885. Farm Mortprages. Interest (i to 8 per cent. Security three (3) times amount of Loan. Also for sale per cent Debenture Bonds, secured by three (3) times their face value In Guaranteed Iowa Mortgages. All security personally inspected. For particulars or references address the ENGLAND MORTGAGE & INVESTMENT CO., Dks Moinks, Iowa. NEW F, M. Mills, President. H. Ransom. Cashier. J. MERCHANTS' NATIONAL BANK, MOINES, lOlVA, I>C:S Capital, COOTPANY. w $100,000. I*rompt and careful attention given to all correspODdence. Collections m ad e upon favorable terms. Safe Investments. 7 PER CENT BONDS and MORTGAGES New York, November 12, 1884. PIERPONT MORGAN.?™ „^,_^ Trustees. FREDK L. AME8, J. HOOD WRIGHT, of Drexel. Morgan & Co. [L. S.l Attest: WALTER B. HOR?/. Notary Public, Kings County; certificate filed in New J. NEGOTIATED BT THE f First National Bank, Corning, loTra. Choice first mortgages in the best Farming Districts in Iowa, Missouri, Kansas and Nebraslta. Interest paid at your own liome in N. y. Exctiange. Twelve years' experience in loaning for Private Investors and Trust Funds. Send for circular giving full particulars as to loans, references, etc. Interest from date of receipt of money. Chas. C. Noktox, Cash'r. B. DABRow, Pres't. Refer to Oilman, Son & Co., Bankers, N. T. City, Merchants' National Bank. Chicago, niinois. Lew THE Kansas Loan & Trust Co. TOPEKA, KAN. T. B. SWBKT. Pres. GEO. M. NOBLE, Sec Is the oldest and largest institution In Kansas, gtvinK exclusive attention to the NeKOtlatlne of CHOICE FIRST MORTGAGE LOANS at high rates of Interest. It has negotiated over $<>,000,000 of these loans for Savings Banks, Insurance Companies, Estates and private parties East. Send for circular. Farm Mortgages In Sums of $100 and Upwards on In diana and Ohio Lands. NOTHING SAFER. ALWAYS PROMPTLY PAID. SEND FOR PAMPHLET. JOS. A. mooRE, 84 Ka»t Blurteet St., IndlanapolU, Ind Car Trust Bonds. i'ork WESTERIV RAILROAD COMPANY Notice Is hereby given that the undersigned, the trustees under the mortgage dated May 1, 1881, made by said company to us, to secure an issue of 140 bonds of $1,000 each, all of that date, have designated, and we hereby call In, for redemption, as provided In the mortgage, all the outstanding bonds of said issue, namely, bonds numbered as follows 15 36 78 99 120 16 37 79 100 121 17 44 80 101 122 18 45 81 103 123 19 46 82 101 134 20 47 83 104 125 21 48 84 105 128 23 49 85 106 127 23 60 86 107 128 24 51 87 108 129 25 52 88 109 130 26 53 89 110 131 27 54 i'O 111 133 28 56 91 112 183 29 57 93 113 134 SO 5S 93 114 136 31 59 94 115 136 32 60 95 116 33 73 98 117 34 78 97 118 36 77 98 119 Being one hundred and one (101) bonds of »1,000 each. The said bonds must be presented and delivered to Messrs. Winslow. Lanier & Co., bankers. 26 Nassau Street, New York City, for account of the undersigned trustees, on or before the first day of May, 1885. The interest on any bond not delivered by bv that day shall thenceforth wholly cease. OCTOBER 2 1 884. .', CHARLEMAGNE TOWER, WB MAKE A SPECIALTY OF THESE VERT BAFB SECURITIES, AND BUY AND BELL SAMS Trustees. WILLIAM 8. LANE. pONSOIilDATED GAS COOTPANV. AT MARKET PRICE. '-^ OF BALTIMORE CITY. WB OFFER A LIMITED AMOUNT OP DB6IB OFFICE No. 19 SOUTH STREET. ABLE OAR TRUST ISSUES, ADDITIONALLY TREASURER'S OFFICE, Balti.'more, Novembers. 1884. SECURED BY THE DIRECT OBLIGATION OF At the Regular Monthly Meeting of the Board of Th« RAIIiKOAD EQUIPMENT COMPANY. Directors, held this dav, the following resolution was passed That a DIVlDE.N'l) OF FOUR (4) CKNT on the Capital Stock of the CompanyPER POST, MARTIIV &. CO., be declared, payable on and after December 15. '1884, to the Stockholders of record on the books of the No. 34 PINE STREET. company : FOR S.ll,E— STOCKS at the close of business hours (3 o'clock P. M.) on Saturday. November '29. 1884. The Transfer Books will be closed from December BY Shs. 20 Continental. 10 Eagle. lo Empire City. 100 Exchange. 20 Franklin & Empor'm. 10 Home. 21 Knickerbocker. 70 Long Island. 20 Mechanics'. 25 Magara. 80 North River. 50 Phenix. 80 Rutgers. 5 Star. 60 Sterling. 10 Amer. Steam Boiler. Shs. 00 42d St. Manhat. & St. N. 100 Second Avenue. 60 Third Avenue. 1 BONUS. 10,000 B'y&7th A.lat5s.l904 1,000 42d St.& Gr. St .1st 7s. 10,000 4. dSt.M.&St.N.A.lst lO.ciOO South Ferry 7s, 1894. 10,000 Third Av. Oj, 1890. 105 23d St., small, 7s, '86. 3,000 B'klyn C. 5s, '92-1902. 1 I 10,000 SCRIP. Dry Dock B. B. & B. SUNDRY. | 10 B'klyn Aca.Mus.tlcket. IIA1I,II(>AD. 1 t linton Hall, with use Bleecker St, & V. F'y, of Mercant. Libr. Cent. P. N. & E. R. 3O0 L.lck.&Bloom.lstls.'SS. Dry Dock E. B. i B. lOO Otis Elevator. Eighth Ave. 20 Union Ferry. CITY 60 100 26 60 to 1 J.P. Wintringham, 36 Pine St., N. T. INf-URANCE. CITY RAILROAD. December 15, both days inclusive. CHAS. F PERKOOY, Treasurer. "NOTICE." The holders of the Capital Stock of the People's Gas Company and the Consumers' Mutual Gaslight Company are requested to have the saniesubstltuted for the Stock of the Consolidated Gas Company on or before November 29, 1884. if they wish to participate in the above dividend. CHAS. F. PEREGOY, Treasurer. , PITTSRl'RG FORT IVAYNE & CHICAGO RAILWAY CO.MPANY. The pending between this company and the Pennsylvania Railroad Company, lessee, is now in course of settlement by issue of guaranteed special stock on the one hand and withdrawal of the suit on the other hand. It is, however, deemed advisable that stockholders should be fully informed and decide for themselves whether the bond plan had not better be revived. To this end a meeting of stockholders will be held January 22, ISSj, noon, at the otBce of the Executive Committee, 19 & al Nassau Street. A full attendance By Itttjevjest, ptjuixTcttds, Stc, JJOMESTAKE ISINING COMPANIT, Mills Building, No. 15 Broad Street, New York, DIVIDEND NO. Dec. 12, 1884. 76. The regular Monthly Dividend— TWENTY-FIVE CENTS per share—has been declared for November, payable at the otBce of the Company, San Francisco, or at the Transfer Agency, New York, on the 20th inst. Transfer books close on the 20th. LOUNSBERY 4 CO., Transfer Agents. fTHE mERCANTII,E NATION.*!. -•-BANK. NEW YORK, December 12, 18S4.-The annual election for directors of this bank will be held House on TUESDAY, January ^fr.y'",'!'"'''''"' 1885. 1 he polls will be open from 12 M. to F. B. SCHENCK. 1 q^HE NATIONAI. BANK OF J- REPUBLIC. New York, Dec. The Annual Election 10. 1881. P. M 13 Cashier. TBE for Directors of this Bank be held at the Banking House on Tuesday Jaouary 13th, prox., between the hours of 12 M. and 1 p K; H. PULLEN, Cashier. will New ^ ORK. December 10. 1884. DIVIDEND No. 70. The Board of Directors have declared » quarterly dividend of ONE AND 0,N"E-H,\1.F PER CKN'l' upon the capital stock of this Company, from the net earnings of the throe months ending 31st Inst.. payable at the office of the Treasurer on and after the 15th of January next, to shareholders of record on the 20th day of December instant. The transfer books will be closed in New York and London at 3 o'clock on the afternoon of the 20th of December inst.. and re-opened on the morning of the 2d of January next. R. H. ROCHESTER. Treasurer. POIIRTH NATIONAI- BANK OF THE ClTir OF NEW -•- 115 Broadway, Neiv York. 7 AXD S PBX CEXT FARX MORTOAOBS. Jn 1879 ice negotirilea over ^l.OOO.OCO of these loam .for the usual term of five yean, ninety five per cent thereof, with Interest, was promtly paid : the remainder IS well secured and being rapidly collected. Our operations for a quarter of a centuryshow substantially the results. Note the shrinkage in ralue duHnalast five years of all securities upon the market: the numbers zii default practically worthless to parties dtpendina upon an income. Our records are, crowded nnlh evidences of the clfMraltility of these loans. In:erest and principal payable at our offlce, net to lenders. same Minneapolis, Minn. /"^ — ll YORK.-Ni:w VoHK, December Special attention given to _..; """l V^OlleCtlOnS.'^""™"'"''' ces on day paid. Remlttan. Choice Mortgages on Improved City Property. TnTr/=cf m<=>t-if-c 11 V Co LlllCllLo. Bank and o'lier Stocks Bought acd Jl BliAKE & P. O. Buz Sold. CO., Private Bankers, Minneapolis, minn. 3-20. Oliio Central Railroad— Main Line. The time for depositing First Mortgage Bonds, Income Bonds and Stock of the Ohio Central Railroad Company, Main Line, with the Central Trust Company, under the plan of re-organizatlon, has been extended until December 20, 188*. Negotiable certitlcates will be given for securities deposited. This committee has met with such approval as to assure it of success. The plan and any information desired can be obtained from the undersigned. CHARLES J. CANDA, Chairman. 53 William St. D. B. IIAL8TEAD, C. W. OPDVKE, GRINNELL BURT, J. S. STANTON, Re-organlzatlon Committee. TREASURER'S OFFICE CHICAGO ROCK ISLAND & PACIFIC KAIL, ATA Y,lCOMPANY, WILLIAM ST., New York, December 5, 1884. SEALED PROPOSALS will be received at this No. IS olBce until 12 o'clock M., of the 20th Instant, for the purchase of $1,500,000, or any part thereof, of the new FIVE PER CENT FIRST MORTGAGE TENSION AND COLLATERAL BONDS EX- of this Company, having fifty yejrs to run, subject to re demptlon at 105 and accrued interest on and after the first day of July, 1891 payments to be made and bonds delivered January 2, 1895. The company reserves the right to reject any and all bids. Further Information may beobtainel on applica; tion at this offlce. E. F. H. TOWS. Treasurer. Bailey, S. T PINE STREET. DEALINGS IN INSURAIVCI3 STOCKS A SPECIALTY. Caah paid at once for the above securities or they • II be sold on commlBsion at seller's ootlon. ; TO HOIiDERS OF DEFAI7I.TKD BONDS. The undersigned holders of all Invites correspondence WESTERN DEFAULTED OR PUDIATBD BONDS of Cities, Counties, with RB. Townships or School Give full T. jr. Districts. Will purchase at best rates. d.escrlption and address CHEIV, JR., Fifth St. JTosepb, mo. Avenue HOTEL, Madison Square, NEW TORK. The Largest, Best Appointed and Most Liberally Managed Hotel In the City, with the Most Central and Delightful Location. HITCHCOCK, DARLING & Groesbeck & CO. Schley, MEMBERS NEW YORK STOCK EXCHANGE 5. 1881. WESTERN UNION TELEGRAPH COMPANY. New York. Dec. 8, The Corbin Banking Co. litigation requested. order of the Board of Directors. (Signed) L. H. MEYER, President. Is "gixmntinl. County. OF MINNESOTA (now ST. PAUL & NORTHERN PACIFIC RAILWAY COMPANY.) XXXIX. 26 BROAD ST., NEW FORK. Private Wire connection -witli Philadelphia, Baitimore and Washington. & Spencer Trask Bankers, Co., Nos. IC AND 18 Broad Street, Transact a General Banking Business 1884.— The annual meeting of the Stockholders of this bank for the election of Dirci turs will"be held at their banking house on TUESDAY, the 13th ilay of January. 1885, between the hours .if 12 M. and 1 P M. "POR H. BICKIIOUT, S.VI.E. -TIMBER Cashier. AND MINERAL -•- Lands, Farms, Ranches, Winter Homes, In all Southern States and In Mexico. Colonies located. W. R. STUART, Land Agent, 62Carondelet St., New Orleans, La. Branch Offices: Connected by Private Wiret. PhUadelphia, 133 South Third Street. Albany, N. Y., 65 State Street. Providence, R. I., 13 Westmi aster St. Saratoga, N. Y., Grand Union Hotel, xmtlt HUNT'S MERCHANTS' MAGAZINE, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES. [Entered aocordliig to act of Congress, in the year 1834, by VOL. Wm. B. Dxha iSc Co., In the office ot the Librarian ot SATURDAY, DECEMBER 39. CONTENTS 13, Congreu, Washington, D. C.{ NO. 1884 1,016) New York the clearings reach 1290,587,881, against $333,- side of percent; the loss NoIS'.") vember 29 was 14 per cent and the previous week 8 6 per cent. Railroad Earninics in Xov., and Cleveland and San Fran668 Memphis, Kansas City, Columbus, from Jan. 1 to Nov. 30 Colonization -Some of Its ReThe returns from ci.sco exhibit exchanges in excess of 1883. 671 cent Asi)ects form usual are as follows in our cities presented different the Commercial Monetary and 000,350 last year, or a decrease of THE CHRONICLE. UlearingHouse Ketiirns Tlie FUiunoliil Situation Central's Kaiiilngs and Traffic The Western l^anuera' Conditien Tlie Spanish GC3 664 065 666 672 English News Comiuercial and Mlacellaneoug and Other Com667 mercial Treaties Wttk finding yov. M. Week Ending DfcemhtrQ. 674 News THE BANKERS' GAZETTE. Per Cent. 188a 1SS«. 1881. ( Percent 1 Monfy Maritet, Foreign Exobange, U.S. Securities, State Railroad Sto.ks Range | and Bonds and j i 073 I New York ^U9 676! TIME3. I 1 (2,090,200) (740,000) (330,500) (+1180) (480,800) (-t-B«-3) {Grain. .bushels) iPetroleum.J>bU.) (33,960,000) (38,850,000) (-H4-3) (88,747,000) (65,657,000) (75,311,000) (-12-8) (40,000,000) (-82-8) (-26-7) t74,4S8,5e2 4,479,800 1,699.805 l,?0J,618 $78,798,482 8,088,000 1,744,867 1,355,951 1,030,IS8 -11-9 -8-6 -11-3 New Haven Finabcial Chbosiclb m pxMisJied York every Saturday morning. New ( Entered at the Post TERMS OF SUBSCRIPTION-PAYABLE For One Year IN ADVANCE Lowell I i 610 do • Total N. England rhUadelphia $10 20 (includiiig postage) ForSixMonths 884,S9X 747,880 743,770 458,916 in New York, N. Y., as second-class mall matter. Office, Pittsburg Baltimore Total MtddlQ.... *2 78. Annual subscription in London (Including postage) «1 83. do do do Sixmos. Chicago These prices include the luTestors' Supplement, issued once in two months, and furnished without extra charge to subscribers of the CHRONICLE. , . , ^ SuliBcrlpttons will be continued until definitely ordered to be stopped. The publishers cannot be responsible for remittances unless made by Drafts or Po8^0fflce Money Orders. A neat file cover is f uniushcd at 50 cents postage on the same is 18 e< nts. Volumes bound for subscribers at $1 00. Offices In England. The office of the Commeiicial and Financial Chronicle In London where Is with Messrs. Edwards A S>mith, 1 Drapers' Gardens, E. eubscriptious and advertisements will be taken at the regular rates, Is. each. and single copies of the paper supplied at The ollico of the Cukoniclb- in Liverpool is at B 15, Exchange Buildings. Co., Fabllstaers, WT, .,.„ B. o DASA.( T>.». )TriI.I.IAM B. wiLUAM ladianapoUs JOHN O. FLOYD. ,9 ^ ) DANA & nAw YOHK. gj William Street, Post Office Box 958. Peoria ' Total Western... St Loals New Orleans Kansas City .Memphis. Total Southern.. CLEARINO HOUSE RETURNS. San Francisco Total -7-7 —4-5 $54,078,498 3,590,800 1,277,038 896,831 -10+8-1 -1*8 -2S-0 -12-2 745.8be 786.445 eeo.29« 407,210 -141 —180 +»•* -8-4 +9-9 $94,644,812 $88,415,5iS -4-2 $62,442,256 -7-2 $52,146,792 7,802,»52 12,601,496 $65,964,800 10,728,391 15,881,145 -20-9 -87-3 -20-6 $35,863,250 6,287,984 10,896.917 -19-9 172,551,140 $92,574,336 -21-8 $52,547,131 -167 184,019,90.- -16-3 $88,426,451 2,-:5l,23l $64,524,699 11.778,850 5,643,124 3,190.05s 4,763,0K Detroit -81 912,497 986,269 522,984 10,421,101 ; C (+11»« (Cotton.... bales.) ProTldence Thi Commbrcial ahb -8fl (1,849,198) (—17-6) 689 090 632 Breadstuffs 683 Dry Goods Commercial Epitome Cotton $459,294,009 of— . THE COMMERCIAL -26-7 $799,706,834 »586,3T0,118 (1,728,308) 679 telligcnce In Prices at the N. Y. Stock Exchance Qnotat ions of Stocks and Bonds 677 Railroad Earnings and Bank 678 Returns Investment and Railroad In- — 51-5 1,7»4,281 2,310,674 2,564,751 1,5^3,856 2,438,317 1.192,573 835,435 1.029,005 $78,696,083 $08,101,300 -14-5 $16,210,193 746.628 13,244,819 5,339,053 4,508.672 2,310,186 $20,833,423 898,960 15,033,655 8,505,774 3,071,700 -19-9 -16 9 $42,360,331 $16,849,826 $12.284,88c $8:6,90S,29i -189 7.790,380 3,306,534 -152 -13-7 -2i-3 +8-4 +27-8 -lS-8 -TO l,63-,8:0 1,148,455 -8-8 -18-S -15-4 -9-8 +17-7 7;9,910 -181 $54,553,440 -IM 2,163,618 1,532,312 I 1 $12,230,317 -201 560,!-93 -122 -31 11,799,161 +46-8 +18-5 2,996.723 1,^«S,826 -10-9 -S-7 -82-6 +13-1 +7-8 -9-8 $32,741,843 -10-8 $t2,039,96« +1-9 $10,193,754 -14-fl !t,l31.707,lW -22-5 $671,774,832 -10-4 8,058,715 ' 3,365,318 i For the week under review the exchanges, althougli in the loss compared with last year in excess The returns received by telegraph to-day from a few of the of that shown on November 29, are quite favorable. The leading clearing houses dcTnot as a whole make so satisfactory small decline exliibited by New York in our last statement an exhibit when compared with last year, as for the five days was due to exceptional causes, and therefore the larger loss now ended with December 5, the loss now reaching 25'4 per cent, seen occasions no surprise. A gradual, though we must admit against 23-3 per cent at that date. But this is wholly due to a all aggregate recording a small, improvement is taking place in the business of the country, and after the holiday season has passed the clearings may be expected to more closely approximate the figures of the previous season than they have for some time past. Many mills which Iiad been shut down are resuming operations, but Cotton rein numerous instances on a reduced wage basis. ceipts have been very free, reaching a total in excess of any previous season at this date, and the exports have been heavy, those for the week ending December 5 being the largest on falling off in the stock speculation at which of late has recorded each York. Boston, now presents an increase of 1'7 per Baltimore and St. Louis both show gains over a week ago, the former of 6 per cent and the latter of 6-3' per cent. Philadelphia displays a small decline from last Friday (0'3 per cent), but so small as to be unimportant. the figures of a year ago. cent. Itvt New York the exchanges exJiibit a decline from 1883 of New York Sniet of Stock 26-7 per cent. The share transactions on the Stock Exchange Boston cover a value of $118,402,000, against 1172,004,000 a ye.ir ago, IMilladelphU and if we deduct double these amounts from the clearings St. Louis there remains $349,388,418 and If4')5,698,834 representing the Total 23 Outper cent. '3 exchanges otherwise arising, or a loss of Day 1884. record. At New week a small decrease from $450,620,011 (»A».) 1 Ending Dee. 1883. t«33.0»9.836l (1.868.881) (8,068,804) $61,898,339 88.78»,a98 9,818.«0t $60,845,731 IS. \Per Cent. -83-8 (-237) +1-7 44,8:6,457; -201 11.733,7041 13.210.111(1 18.e81.278J -16-3 -18-4 $570,847,065 $735,607,008! -234 nveDvKnd'gDtcO, 1884. \PerOint $ga8.l30,83()i -«'9 (I.4»).888) (-18-4) $81,441,981 40,083,880 10.42S.3Sa -IM laMafieo -31-7 $634.88 \30S -as —4-0 THE CHRONICLE. 664 1S79-S0. 1880-81. 1S81-82 THE FINANCIAL SITUATION. Failui-es in financial circles, 7oUil of All Line»— one here and two others at Syracuse, an annual statement of New York Genti-al's Operiitln;,' ness so arranged as to appear about the continuance and unfavorable outlook with regard to a settlemont of the rate war between the Central and West Shore, rumors of a rupture of the coal combination and fluctuated, e-vpenses The 47,332,«(l'J. & 45,0V0,1'11' 43,108.218 47,a50,2-.)5i 42,411, lOi the foregoing ajipears to be that the of result Pennsylvania's net the threatened renewal of the Granger hostility to railroads in the Northwest, have Ijeen the special food Wall Street Of course prices « » $ * U0.W5,44n:115,H2,57-4, 118,122,145 185,1U4,0S7| 114.7^2,889 63,212.5311 70,381.eS8( 72,923,027 77,543,71)11 72,.1S1,''«0 Ket ea'ninKS as adverse as possible, l»82-gS. ,1«S3-81 » Gross earnings busi- XXXIX. [Vol. almost equal to is last year's ; Baltimore 1882-83, compares Ohio's, although a million less than well with previous years, while the Central and Erie pre sent a large but in The loss. New York Erie's net for 1878-79 was 4J mil millions, Pennsylvania's was 12^ was fed on lions, the main have declined, for in the natuje of things there was 13| millions, and Baltimore & Ohio's was C| millions. can be now but little outside support, and the tendency,- of There h?s been no progress made this week in the setthe inside crowd seemed for the time being' to favor abreak. tlement of the difficulties between the West Shore and this week. Central's . No essential change has however occurred in the gen- eral business situation. Considering all the circumstances, — New York Rumors aware. owns the majority Central, so far as the public is are abundant that the Central virtually merthe near approach to the close of the year when seeking wants, pressing chants as a class buy only to meet — of the and the large losses tft..decrease stocks to the lowest limit which have been prices declining through failures and bonds, and West Shore ceedings are pushed There become apparent. — after the is, when first the foreclosure proof January this will however, no evidence what- The general ever of the truth of the report. would public experienced so widely during past months preventing manyfrom enjoying the pleasure of making holiday gifts like to have it so. as it would conserve both properties, since living so near together and yet apart, means conbusiness of amount better a there is Up to this extent— usual the to stant bickerings, if not open warfare. No one time though, whether the adjustment of the difficulty in progress than the public had reason to expect. looked for any unusual distribution of holiday goods, or is near or remote, or whether it will end in a union for excited or reckless buying of any kind; and there has or a patched-up peace, is. not known, nor is it likely been nothing of the sort, nor any lack of caution shown, but still a pretty constant distribution of merchandise has been in progress. Our monthly tables of railroad earnings, published in a subsequent column, show Ijadly; but it must be remembered that they compare with very large figures last year, that they cover two weeks in November of as poor mercantile business as has ever been experienced, and that in many cases, in which we have weekly to known be to outsiders much The Receivers accomplished. before of the the event West is Shore, not- withstanding this contest, state in their report of operations for the three months ending with September 30th that they netted §20,1 17 after meeting all charges includ- understood ing interest on of about $18,000 in not a earned have that they claim to (which results These November. more in little and a October receivers' certificates; and it is weeks appear to have improved, while are by the way peculiarly uniform for such a narrow marin December, so far as received, the gin) seem quite surprising under the circumstances. But traffic figures afford the best comparison shown for a long* they suggest this inference, by parity of reasoning, that imperfect connectime. if the West Shore with its limited and We cannot but refer to a very favorable feature of the tions and facilities can make its expenses now show net earnl^ew York Central report commented on in another arti- ings, the New York Central with its greatly superior adreports, the later for the <;le, week first and that is the large tonnage and passenger movement xecorded, notwithstanding the West Shore competition. The supposition was that a decided faUing off in traffic would result from this opposition. But instead of that, passengers show a considerable increase (wholly on wiftf passengers, those carried through being thirty-two thousand less in number), while the tonnage movement exhibits a smaller ratio of loss than there what was reason to expect. When we remember a poor year comparatively 1884 has been for industries, the inference from these if rates can be maintained, results, is all our figures as to future certainly the opposite of discouraging. This report of the Central enables us to furnish our usual comparison of the business 'of the four trunk lines. The fiscal year of the Pennsylvania does not close with September, so we make up that statement from the monthly figures. The following is the record for five years. vantages, immense tonnage and passenger traffic (as shown above) ought to furnish abetter exhibit than has thus far been published. Still we cannot advise our readers that it is safe to wander far from actually developed facts in railroa'ls at war. reasoning about week httle unpleasantness seems to hav 3 broken out this trunk the over rates passenger cast-bound to regard with A lines, though it does not appear ous results. as yet to It seems, or at least it is have led to any seri- so stated, that ;Michi- gan Central and the Grand Trunk have refused to d,^n the Chicago east-bound compact, which prohibited the roads from paying commissions to agents. The refusal prevents, of that agreeof course, for the time being, the execution general ment; as however it has not been followed by will in difference the that presumed cutting, it is to be still conwar rate Southern The adjusted. some way be Nash, full operation; this involves Louisville & tinues in Pen'i&ylvanii— Gross earnings Operating expenses .. and at the East Tennessee, and Cincinnati Southern, to sides on all the moment there is an apparent desire opens Orleans prolong it. As the World's fair at New ville, . Net earni Dies would seem as if those roads would soon keeping the have a new and pretty strong inducement for as has been far so arrangements, All other pool 'S^^-'-enl.fcUuii.Llv. ' Gross earnings 0p6r.iting 6.Tpen9:B.. next week, Net earnlnpa peace. undisturbed, developed during the week, have remained trouble possible of yesterday reports but there were L.Erie liWe^t.'Gross eiirnln^s Operatiiw expenses. If. r. Net eurnln*:s among Western 'Maltiinon & Ohio— .Gross earnings Opernting expenses. Net eamlntra Npt incIufllDg Pennsylviiula freight pools which expire Jan. 1, and this helped to unsettle the market. ,. _* it & OMo Icised line. cent per Foreign exchange has been lower, falling one keeppound From Monday to Thursday, still, however, Deceubeb THE CHUOlJitiR 13, 18S4.] 665. ing soino points above the gold exporting figure: but yes Veeimiber 11, 1881. was an advance again of one half centThese high rates are not ea-sily explainable on the basis of Wo have l)een undoubtedly exporting Bank of England .... the trade balance. A good illustration of Bank of Franoo largely and importing sparingly. Bank of Germany ... our exports was the New York export list, issued this Total this week week: the articles were so numerous that it covered 23 Xotal pievloas week pages of Jiianifold, showing the varied nature of the there terilay, movement now in progress; for the depression home inducing trade at Our it. and the trade f)ctober, in ember a 20,S1 1,071 22,060,711 40,931,211 42,228.163 3«.B11.0.'54 40,104.427 6.963,126 S0.8R9.376 7,337,750 23,073,200 68,700,387 68,117,629 87,935,515 82,177,677 68,41 1,397 63,18&,5 13 67,870,816 62,232,431 slack Assistant Treasurer received the following from the Cus- was tom House. Nov- balance and ought to be larger in December. It is diflicult, therefore, to account for the high rates except on the supposition that bills have been very largely absorbed for investment. I'robably the turn upwards yesterday was due to the panic large OntisMing of— and reported in Vienna, Austria, following the failure of the A Bohemian Mortgage Company. few days ago a cable dLspatch stated that this failure was imminent aoid that if the company did collapse it would involve the downfall of many savings banks and ruin a host of poor depositors. The United States are of course not directly affected, but may and probably will disturb European as the failure money markets more or less, it ence on exchange here. undoubtedly had au Baltimore Tiie not expected to supply any & Dait. is present. Duliti. Dec. •• 6. " 8. " " 9. 10 " 11. Total 03 80 $438,272 234,029 393,193 331.429 176.129 206,905 5. $.3,000 33 75 06 2,000 6,000 7,000 3,000 1,000 »1,779,9J9 23 $:4.ooo 17 aotd Silver Otr- Oerli/lc't. U/lcate*. U.S. Oold. $167,000 100.000 154.000 $71,000 25.000 28,000 72.000 35.000 22,000 $195,000 100,000 205.000 $719,000 $253,01Ki $784,000 12t>.000 78.000 91,000 123.000- (2.000 93,000 CENTRALS EARNINOS AND TRAFFIC. influ- Ohio loan least for the bills at MUwr, Oold. The Assay Office paid $167, GOO through the SubTreasury for domestic bullion during the week, and tho going is Biteer. M out, not cotton or wheat, or but almost everything in prices permitting it, produce alone, aold. Vreember 13, 1883. New York Of course Central report does not it make is the feature of the week. a favorable e.xhibit, and of have been taken by a syndicate in this course there is a deficit in meeting the dividends paid. firm, with the privilege of the This deficit on an 8 per cent basis is but a trifle short of 2^ millions, while in the previous year there had been aremaining 3 millions. surplus on the same basis of $179,000, and that presents The only new feature about money is a better demand It is reported city. to' They take 7 millions for time loans which, on stock collateral, are 4 per cent for four and 5 per cent for sis months. money movement of in in the rates of t!:e fall There at interior points, also a is which good is reflected domestic exchange at all impor- sharply the difference in results between the two years. But though 8 per cent was paid in the year, it was not paid out of tho year's earnings; only 7^ was paid, which would leave a deficit of about 2 millions. Opinions may differ The following state- as to the wisdom of the policy of paying unearned diviment, made up from returns collected by us, exhibits the dends, but as the rate has now been reduced to 6 per cent week's receipts and shipments of gold and cun-ency by the (calling for $1,788,566 less than the 8 per cent rate does) it would be unprofitable to discuss a matter that relates New York banks. tant centres, east, west and south. wholly to tho past. Wuk ErMnQ Die. 12, 18S4. NU InUrioT RteMved by shi^ptabv N.r. Bankt. JV.r.BanlM. Currency. Total sold and legal tenders. of gold iii •1,45(1,0130 Loss. 1.450,000 could bo employed for this purpose. tl.TJl.OOO Loss 1 572,0(0 1.179,000 the Sulj-Treasurj-. on a $700,000 six per cent basis the deficit that —that the interior. In addition to that movement, the banks have still show above Tlie Clearing House allel rival. falling off Bank8' Interior Movement , aixire.. iab-Treasury operations.. Total KOld and legal tendem The Bank of Outof Banki tl,170.000 il.731.000 yu Loss. Loss. 600,000 1 »1.17B,000 England gained 12,251,000 Uhanve in Hank i Hoiiinot. tJTii.OOO 500,000 Loss. 11,072,000 £6.'!2,000 bullion during in months. well to note per cent for income; and there it can make "We are asked West down this Goliath, stalk over the most of the also a pretty general is the decline almost wholly to one — the completion and stripling, its In other word.«, in a year 5 per cent on its stock. to attribute circumstance banks of gold and currency for the week covered by the bank statement to be issued to. puny Into Bankt. 2 disposition, however, is ^o inclination day. 1 is of adversity the worst ever experienced by the road $500,000 through the operations of the Sub-Treasury. Adding this to the above, we have the following, which should indicate the total loss to the Now York lost It would be only about the road earned 5-22 is, stockholders in tho The above shows the actual changes in the bank holdings and currency caused by this movement to and from Vre. 12, 1884. by JSTS.OOO of gold IFmA £ndin« a large surplus (represented <ialn $801,000 *$1,358,000 of this was transferred In the shape of silver certUicatcs by a deposit Suffice it to say that according to its company had .showing the property and plant of course) from previous years that 11,179,000 Gold Jfavtment. competition of a par- to believe that the weak and Shore, has proven a David to bring and that pretty soon the former will body of the latter. A few moments' reflection would convince any one how absurii is such a claim, but facts and figures can be cited no less conclusive. In the first place, the competition of "West Shore must be regarded as insignificant the prostrate alongside of the other unfavorable features of the year. This represents £191,000 received from abroad Business depression of an unusually severe, character, and £441,000 from the interior of Great Britain. The crops (season of 1883) deficient in quantity some of them Bank of France lo.st 8.206,000 francs gold, and 1,2.34,000 and in (quality the rest, combined with unsatisfactory prices, francs silver, anil the Bank of Germany, since our last intense competition for throogl; business from Chicago report, shows a decrease of 490,000 marks. The follow, east, complete demoralization of rates at times, and a the week. ing indicates the amount of bullion in the principal Euro- diminished export business pean banks that account for year. this week and at tho corresponding date last If in spite of this —these are tho circumstances the Central's large reduction of income. any one persists in crediting the Wtst THE CHRONICLE. 666 Shore with all the mischief done, let him refer to the Bal& Ohio exhibit covering the same twelve months timore and showing a loss in net of nearly a million dollars. Is the "West Shore responsible for that loss ? Aside from this fact, however, the Central has always proven an excellent barometer of our industries, rising and falling with To bring this out their progression and recession. plainly we give below a synopsis of its yearly results since 1872. Oiyeratinfj Tear ending September 30. Gros^ EarntnQ9. Expenses, Interest and Ket Income. Dividends. Surplus. Rentals. »S5,580,675 $17,608,805 $7,844,831 + $727,039 7,136,790 -|-2,aS8,267 7,136,884 7,136,679 19.603.793 $7,971,870 9,523,057 lf>74 31,650.385 21.937.031 9,713,354 1875 29,027.218 21.688.083 7,339,195 1876. 28,048.588 7.139.328 -f 73.547 26,579,035 20.833.518 19.635.733 7,213,075 1877 1878 1819 1880 1881 1862 1883 1884 6.943,847 7.140.659 -107.312 28,910,554 20.872.109 7,139.528 -L 28,396,583 33,175,013 82,348,398 80,628,781 20.802.093 22.606.893 8,038,445 7.594,485 10.569,220 7,141,513 24.455.569 7,892,827 7,188.343 24.884.878 5,743,908 7,145,518 33,770,722 26.443.566 23.479.H09 7,327,156 4,668,780 7,148,182 1872. 29,126,850 1873 28,148.669 7,139,528 7,159,044 -i- 898.817 454.957 -1^ 3.427.707 -f 754.481 + ; ; important to bear in mind, because were wholly or if the present loss in large part the result of the competition of "West Shore, the loss might be regarded as movements a history of the Through company's Tims. 890,388 1,074.610 j 1,338,841 l,318,64j Way Freight- Writ. 1,168,993 j East. Total I Freight. J'lins. Tons. Tons. Tons. 242,254 250,173 300,260 329,583 362,830 248,402 l,13a,637 2.492.034 2,664,6K9 1,898,053 2,032,823 1,374,000 2,620,1111 2,006,854 1.867,927 2,2.16,666 1,671,468 2,609,087 S,646,810 1,417.166 2,181,651 3,277,844 2,033,073 2,285,918 2,379,920 3,901,166 2,734,617 2,435,099 2,493,085 4,702,998 3,394.911 5,484,870 5,297,010 3.613.424 1,452,159 279,757 357,478 436,407 582,800 361,101 5,530,765 3,539,863 l,lt2,958 312.078 1,405.066 5,365,548 3,351,804 1,883,249 2,100,163 J 2,077,628 1881 2,056,588 1882 1883 1884 l,543,i'07 Thus the Central's 2,106,707 I,'- 13.320 way) tonnage, tliough close up to the best (or local below that of other recent years, 3,028,6-16 is made. On a tonnage of nine million compared with last year is only 362,000 tons (4 and compared with 1882, the very best year, is figures previously tons, the loss per cent), more or less must have had upon traffic of all kinds, the loss given seems no more than could have been expected without any encroachments from rival lines. Rut in through tonnage the loss has been very heavy in fact, is nothing — less In 1881 this tonnage reached than surprising. mum no* is it down million a of maxi; 1,495,066 tons, a loss in three years to tons And ! has this going on steadily during the whole been, as said^ In 1882 period. was 386,000 tons, in 1883 293,000 tons, and in 1884 318,000 tons. The total is lower now than in any year since 1875. Short crops and diminished export business explain the decrease in great part, as is evidenced by the falling off the fact thaf the falling off in cast faUing was This bound tonnage. off of in is It is to largely, almost exclusively, be noted, too, that of the total 318,000 tons in the past year, 270,000 tons east-bound and only 49,000 tons in west-bound. is significant, because on the former the "West Shore, lacking "Western connections, has The same scarcely any hold what- things as between industrial situation are responsible for the change, a recovery through on revival of business is as certain as the reaction we are now going through from the times of 1880 and 1881. The Central lost heavily between 1874 and 1877, and quickly recovered this loss between 1877 and 1880. To be sure the former loss was the result chiefly of a great fall in rates, while now it comes in great measure from diminished tonnage but the moving influence industrial stag nation was the same in both periods, and when this has ceased to e.xist, recuperation and growth will be no less marked than they were before. But we have other evidence that the "West Shore has done the Central but comparatively little harm. The to e.xist in the passenger traffic, as witness the — its on the Central, and amounted to 2,493,085 tons ever. — traffic Wet. permanent; whereas if circumstances relating to the general ; XXXIX. in this period. Eitst. X873 1874 1875 1876 1877 1878 1S79 1880 VOL. — 1.401,610 506,000 tons, or 5-^ per cent. If we bear in mind how + 179,024 — 2,490,884 bad general business has been, and what an effect this Let the reader look more*particularly at the column headed "net income," showing what remained each year for the stock after meeting all charges and expenses. Observe that in 1S74 there remained for the stock $9,713,354 on the year's operations th.it this gradually dwindled down, till in 1877, only three years after, it amounted to but $6,943,347 that three years later (1880) it had risen to $10,569,220, from which it has now fallen to $4,668,760. Thus the Central's fluctuations in income have been wide and extreme in years past, before the "West Shore, was even a thought or a dream. Industrial conditions governed the changes then, and they account in largo part for the changes now, though no doubt the competition of "West Shore and other lines has made a naturally bad situation much worse. This distinction between the causes at work it is at a glance offers 2,576.470 -f 202.516 I traffic that table of the of state we movement find to exist iiffreight local we and also find subjoined for five years. 1879-80. 1880-81 1881-83. 1882-83. 1883-M. Number of throuKh imssenKcrs carried ... Number of way pussengerb carried Total 136,736 183,023 161.561 207,406 168,531 8.14-,S31 8,735.688 10,101,453 10,578,311 10,021,203 8,270.857 8,900,240 10,308,979 10,748,926 11,057.039 Here we have the largest number of way passengers The increase over the previous year is 343,000, and over four years ago is 2J millions. But the through passenger traffic has declined from 207,496 in 1882, to The opening of new routes (of which Central's strength is supposed to lie in its local traffic, 136,736 in 1884. Shore is one) no doubt accounts for some of and it is this traffic that "West Shore has taken upon the "West and it is po.ssible also that this kind of travel decline; the itself to divert. Through freight we know to have been now than in the height of our prosmuch less may be demoralized for several years, and divided up among an perity. increased number of competitors. "We have pointed out in previous reviews what the Central has suffered in this respect a loss very heavy in amount, despite which the THE WESTERN FARMERS' CONDITION. toad managed to do quite well, because it had such a The Detroit Post published receniy a letter from Mr. superb local traffic to fall back on. Now comes the Wes* Maclver, Secretary of the Detroit Board of Trade, showShore, and proposes to cut into this vital part, and ing the cost of producing a bushel of wheat in Michigan. already boasts of serious inroads upon the same. "We refer to it here because the inquiry which was set on But let us see what it has accomplished. Tlie follow- foot by Mr. Maclver and the commercial editor of the ing is a very interesting and instructive statement of the Post, appears to have been conducted with great care and on record. — company's freight traffic for 12 years. It gives both diligence, and the results reached are therefore entitled to through and local tonnage, east and west-bound, and more consideration than such compilations usually are. Deceubeb The importance speak of, THE CHRONICLE. 1»M.] 13, of the investigation especially at this time, not necessary to is it when under the stimulus wheat cultivation has been pushed in is overdone and the contest of high prices, countries until production all ig roducod to a struggle for survival. Mr. Maclver's results cover every step from plowing the 6tJ7 farmers extend their planting to the extreme limit of conducting their operations always on borrowed ability, money; margin still others are poor managers, and need to secure any profit. be raised without actual loss, a wide But the fact that wheat can by men *ho understand their and do not discount their ex|>cctation8, for about 45 field to the delivery of the grain in Detroit, and appear to to '>0 cents per bushel in Michigan, furnishes p: obably on include each item of expense at what we would call its the whole a pretty fair standard for a large portion of maximum. Thus, for instance, instead of assuming that the wheat-growing section. These thoughts suggest a benefit which it is hoped the 'farmer owns his implements and horses, he averages these at the cost of hiring them, which covers interest, may follow the experience of this year. It should certainly business, w««r and tear and renewals for the labor ho allows full prevent the single crop plan from prevailing again so wages and board, so that in cases where the farmer and widely soon. Wheat has been such a proStable venture, his sous do the work they get their living and a certain that in sections of the West it has been cultivated to the remuneration for their time so also repairs, manure and exclusion of.all things else. And yet the soil is rich and rental are included, the latter on a valuation of sixty suitable for raising numerous crops. If the farmer could altogether, therefore, there appears to be also be induced by his late experience to turn his attention dollars per acre in the total price given per bushel not only every possible more largely to meats, it would be a public benefit. Not outgo, but all items necessary to reimburse the owner for only pork but beef and mutton ought to receive more genhis work and capital and to permit of the farm bemg kept eral attention. up in good condition, improving in value all the time. On such data as these Mr. Maclver makes the total cost THE SPANISH OTHER COMMERCIAL in that State of a bushel of wheat delivered in the elevator TREA TIES. For the purat Detroit at about 79 J cents per bushel. The promise held out by the Spanish reciprocity treaty pose of showing the scope of the inquiry and the details of is so tempting tliat one cannot help feeling reluctance in •cost, we give the following particulars of his results. enumerating the objections against it, and regret in admitCtt. Per bushel. Plowing (iDcliidInc wages, hire of plow, &b.) !) H3 ting that the objections outweigh any possible advantages Bced. on tlie basis of $1 per bushel 03 9 59 to be derived from it. Seedinj.', rolliuir, harrowing. Ac In certain important respects such Reaping andliinilin;;. incluiUug wireur string S 47 8ta«liin;;or hauling to baru 4 .50 treaties, and particularly that with Spain, offer us precisely Threshiug 7 00 what those who appreciate the value of the foreign trade Direct cost of production per bushel 48 22 could most desire. They open to us the very markets Add: 3 00 HauliDg to railroad which we ought to enter, and give free admi-ssion to into 33 Aunuai repairs, &c 15 23 Kent list of articles of American production, while an extended 10 00 Transportation aud charges many other classes of goods are subject to light import Total cost in Detroit (including elevator) per bushel 79 7S This, under the circumstances, certainly seems to be an duties. By limiting the proposed privileges to merchandise encouraging exhibit. Of course we do not mean that carried in American and Spanish vessels, encouragement at current prices (7.)@76 cents at Detroit) the above cost which is greatly needed is given to our languishing Then, too, there is an apparent flavor leaves the farmer in affluence; but these figures do prove merchant marine. that farmers as a class are not by any means in the of freer trade in these arrangements, and though it is only desperate condition so many claim. It is to be remem- an imitation and a counterfeit of the real, it has its fascina; ; ; AND S) .3 bered the that values there present season In the no reason js this year of is will anticipating for prevail an exceptional one for first place, the many ; then the planting in other countries covered an unusually wide area weather was reasons. stocks of wheat with which the year began were very large the that remarkably favorable ; all besides, everywhere. These conditions are not at all likely to occur together again one of them is certain to be changed the coming summer, for the low price will most assuredly curtail planting, at least in countries other than the United States. Finally, this year is a remarkable one for the small earnings capital has made in all departments of business. Comparatively few have secured interest on their investments in productive enterprises, so that meagre returns for produce is in keeping with the times. ; For these Finally, the Spanish tions. The a measure hereafter. reasons, then, according to this estimate, the average Western farmer's position that would treaty has the merit of being dispose of a large part Beside other the like fundamental trea'ies, there objections is a It besides his living and supposition that his fair farm is wages. This we say on not mortgaged for the its full the this and one in to special all this and that relates to the provision permitting raw sugar, molasses and other saccharine material from Cuba and Porto Rico to enter the United States free. Not to discuss the general question whether or not a duty should be imposed on imported sugar, would not the discrimination which' this treaty creates be a great commercial mistake ? From Cuba and Porto Rico we obtain somewhere about two-thirds of our total importation of sugar and molasses, and more than one-half of our consumption. If it were possible to get our whole supply from Cuba and Porto Rico, the removal of the duty would reduce the cost Manifestly we cannot obtain all our just by so much. sugar from Spanish America. We take at present substantially the whole crop of these islands, and it is insuffiUntil Cuba is in a more composed cient for our needs. case, is not a peculiarly hard seems that he receives back all his disbursements for the year, full interest on his stock and implements, together with sufficient for wear and tear and renewals, state internally, a large increase of one. of unnecessary and demoralizing surplus. What then English ? West We its crop is improbable. must, as before, resort to Brazil, to the Indies and the Dutch East Indies, and to and islands, to complete our stock* from points not covered by brought to bring the estimate of cost within the current price for On all sugar price The be levied. wheat. It is to be presumed, also, that his sales of treaty, duty would a other produce have shown a better margin. Of course, of this part of the supply would be necessarily higher than these statements cannot apply to every case, for many that of Cuban sugar. Yet as there must be one price for value, so that he will save enough on the item of interest other countries THE CHRONICLE. €58 sugar of the same grade, when sold in onr markets, and as dutiable Brazilian and Jamaican and Javan sugar could not be sold at the natural price of untaxed sugar from Cuba, the price of the sugar brought in from the all XXXIX. [Vol. when forcible is it number of treaties is it a question of agreeing to a large which preclude the Government, supposing the policy to be carried out in fall, from levying duties upon any of the products of the western hemi- Spanish islands would naturally be advanced by nearly or sphere. Otherwise no sugar quite the present .amount of duty. It is, we repeat, a pity that the arguments against the -could be imported except from the countries with which reciprocity system are so s'rong. need an extension wo had a treaty; and in that case the fact of an ex- of our markets the mercantile marine is suffering for tremely short supply would enhance the price to the point something to give it a vigorous push the people are suf- We ; ; where other sugars could come in. The partial free trade fering from over- taxation and a way to reduce the surwould for these reasons be of little or no advantage to the plus must be found. Yet, although these treaties would This is just what has happened on a small- partially or wholly meet each of the four necessities menconsumer. in the operation of the Hawaiian treaty. tioned, and although credit must be given to the adminisscale But we cannot stop to dwell upon this, and some other tration for the best intentions in concluding this series of special objections to the treaties with countries of the treaties, the principle upon which they are based is decidAmerican, continent and adjacent islands. The system is edly to be condemned, and a wise conservatism will, though not to be sustained upon any sound political or commer- not without a sigh of regret, say tliat they should not be Experience shows that reciprocity treaties sanctioned by Congress. cial grounds. ; satisfaction to the high contracting Witness the great discontent of France a few years ago over the imperial treaties with Great Britain. Austria and other countries. Witness the Canadian reciprocity treaty of 185-i and the Hawaiian treaty, which it rarely or never give parties. is proposed to renew, and which had hardly taken before complaints of intrigues for seem By its its making began abrogation to be initiated. effect heard and to be Such treaties to be, but are not, steps in the direction of freer trade. operation, their one-sided itism, by by their apparent favor- monopolies in trade, by their tendency to foster — derangement of markets and industries in these and other ways they become increasingly unpopular, and causing genterm without rarely last out their If in any respect such a dissatisfaction. eral treaty is successful, the happy consequences are attributed to the skill shown in the draft of that particular treaty. their All its failures are laid to the account of the free trade sys- tem, upon the principles of which FROM JANUARY Railroad earnings 1 TO NOVEMBER still reflect Our exhibit below business. 30. an unsatisfactory state of month for the On records no change for the better. November of the contrary, the decrease is larger than heretofore, both in amount and in number of roads reporting. Out of 57 roads in the table, 41 show less favorable results, and only 16 better the than a year ago, the total on all the roads given in our table netting a decrease of §1,800,000. In October the was $1,457,748 on 67 roads reporting in September §1,138,152 on 52 roads, and in August .$1,283,593 on 54 loss ; roads. It to is be said, as heretofore, that compare with exceptional gains which somewhat relieves the exhibit figures the present in previous years, of its unfavorable character. All the elements tending to interfere with railroad traf- popularly, but erro- it is As RAILROAD EARNINGS IN NOVEMBER, AND in previous months were present in Xovember, and in both with addition there were some unfavorable influences peculiar free trade and with protectionist theories, and a measure to that month. Thus tlie Presidential election, botli before which can be justified logically by neither school of econo- and after the votes were cast, seriously impeded ordinary business affairs, and caused a check in business transactions mists is surely a mistake. neously, supposed to be based. principle of commercial treaties is a matter of fact the fic at variance Most important of all is the consideration that the that the railroads could not but reflect. Then there were Government parts with the most precious attribu e of its in the present November five Sundays, while the previous As to agricultural prodCertainly November contained only four. sovereignty when it agrees to such a treaty. we do not now need the tax on sugar. The Treasury ucts, the increased movement was of consequence in only we — peace with the world. one section of the country the spring wheat district of what may happen in the Northwest while many roads actually suffered a fallseven j'ears, and he would be short-sighted ing off in the carriage of cereals. In cotton the aggregate a statesman who would sign a treaty expressly receipts, as reflected in tlie movement at the i^orts, were binding the Government not to levy an import duty upon greater than in 1883, but the increase was by no means sugar for seven years to come. That, however, is what uniform nor common to the entire district. Finally, it should be remembered that the prevailing the Spanish treaty does in effect, to this extent: that it is_ overflowing, and But no cuts down one the can yield are at — predict of the sugar tax one half or more, and puts it out of the power of the Government to re-impose a duty on that part of the importation which is to be exempted from taxation, or to increase the duty upon the other part which is still subjected to duty. For of course any attempt to increase that duty would stimulate the produc'ion of the sugar which might come in free, and so the object aimed at would bo defeated. It is true that tariff changes in the direction of commercial liberality which are made by law render it difficult to obtain from other nations concessions which, in the absence of law, they might bo willing to make by treaty. But this disad- stagnation industrial the' volume of the rates of of all transportation, earnings in a not operates kinds of traffic, diminish to to and thus involves double way. great east-and- west trunk only but also With regard lines, this reduce a loss to the latter fact has long been apparent, but other lines are not exempt from the same influence realize neapolis Pacific, so — especially now little &: are that "for their produce. Mianitoba, the Northern farmers are able to "The conspicuous instances of recently publicly St. Paul Min- and Union roads that have Pacific, announced reductions in conformity with the needs of tho times, their rates in but doubtless vantage IS less serious than is that of being unable to there are many other roads of minor importance where adopt whatever measure of taxation the exigency of the reductions have taken place unheralded. The following time seems to demand. If this principle is a sound one shows the effect of all these influences upon the various when applied only to a single treaty much more sound and roads reporting. Dkcksiber THE 13, 1884.) onoM EAIi:<INnR *«l> MILRAOR Atom Same 1884. MOVBMnKn. R« 3liS,'.<»0 * + 8,204 -34.018 6(10. -(12 3 il.liM + 1S0,I91 143,241 2,104.839 —22,042 -307.039 —MLOril 37,R.10 Coutrul Iowa VM,:Wl\ 1,797.000 Cf^ntrrtl racitic Clic«ii>iali« .t Ohio.. Eliz.l-cx.A- Ulsann. Clios, Ohio ^i* So. W. M.>,.'.2a CUIcairo.t Alton Tria.ini 2(1,3 l.-i 345,300 H8.317 . from 1884. 1883. Deereait. Ill.V.iA 88 824 2,79 + 10,291) + 7,7 lo 5-,05l 132,812 801,187 l.ci 4.671 3,788 1,280 l3H.lia 1!).908 2.30«,0()O l.HtiJ.HOO 2,387. (UiJ -79.8(12 4,80( 12 .^83.(174 10J.8JI ii3,oy;> J88.!>!»fi 21l,2«4 234,4i5 —404.942 —44,374 —7.177 -22,288 3.860 r>3'.i,3oo Gt. South North Kast. lL'2.i)U SI. 124 iiis.-as Vioksl). ,t .Mcrl.llaii Vlckbb. Sli. l\\c.. TyX.im & till. N.l). Ahilialilil N. O. .ic Ti>.v. Pile. Clove. Akron Ueuv. Douv. .V & A Col .. & . Flint I'eri' Man]... 'Fla. I:-v .V Xav. Co.. Ft. W, 11 ill & Denver.. fOrand Trim It of Can. Do (Iowa linen).. Bloom, it Wcsl... 'Kau. t:. Ft. 8. ii Gulf Inrt. 2.>.231 n2,&(jO ««).«> 1 25,837 1 2t).7(>0 -18,131 — J06 —34,180 .^0,737 231.K11* +357 260 146 —77,333 361 1.63^.(173 1,0.13, lt-0 47.8 IIS.SOO 2 S.OCO 235.97.. 112,022 14 V'7'.i 73,2.-) 1 7i!,2 ;j 1,181.'2S.5 30,300 US,700 00,120 103,043 Milwaukee &XurlIi.. 'i2,:«H' 44.16-> 00 2»0.0.2 2»1,03« Mobile .t Ohio Noi-lolk it Western... 2.5.^,< 230.-.;y7 Sh^'iuuuUiah Valley. 48,1^4 Northern I'aeillo Ohio Ctiiitzal Ohio Southern Peoria nee.itKvaiisv. Rochester it I'ittsb... 1.1)5,101 Bt.L. A.itT.II.ni.line. Do do (lnaueh«.«l. 2,773 2'-*5 225 l,tG7 1.506 -53,131 —17,912 —1.050 402 389 220 85i 402 691 380 200 352 2,065 2,065 6-14 — IS.'l.lOi' —29,820 -5,153 -1,80S —25,062 -31,339 185 374 221 528 502 210 -30..504 8 — 160,S:;l — U03 + 15,677 212 128 —1,626 251 9ti.,1(!0 82,885 + 13,475 294 0?,76s 131,.'.2.' 19.'. C0,flS9 41. .02 4 3n;i,S74 74,961 38,234 -32.754 —14.272 +3,290 l'-'4,.^)48 141,730 841,514 83,290 8I,S20 9.7,505 M7S.25.= .. + 1,024 + 7,006 + 32.741 + 21.258 502 240 212 128 254 291 195 n.\011 32,(J.'i6 eo.tii 9 39s. 850 131 .528 2 363 48,3.-53 in.73t; HO 326 2.453 94,70:? 5d,l)S3 8t. Loi.is Ft.S. it WiiU. St. J.<ouiKitSan Fran.. St. Paul iM Uuliith.... St. PanlMiim .feiMan Texa.s it St. Louis . . Wisconsin Central 7-,fl no 2,918 + 3,01v l,27G,(..2.i 196 141 73 — 18,281 — 00,5Ui -1,9 4 18,i.M»" 1,307.3:11 >Iaitl. Iloiicli. it <Jn . Hihv. L, Sh. A: West.. 498 110 —3,623 -208,809 U 1,110,610 201, U31 143 — I4,tiit9 78,0^1 44,214 l,3-i0.1t4 20..T47 18u,.')-.,'-> Ixinl»vilie& Nasliv... 368 143 260 146 347 486 —.'•.5,502 1 Keiitneli.v Central IjOiiB fsland 141 1,317 368 41,17.S 107,0,ii> 3.'i.'S:l Gr. Bav Win. A ni.Cont.dll.&So.Dlv.) 144 1,317 + 14,106 + .52,762 .^fl2,<K)3 G3.3S2 St. 1'. «10 342 336 236 Hi1.."..i5 .v.- 847 231 413 242 336 296 196 141 170 -4,972 +33,600 —3,830 Uio WvrtniUi. Des 1,297 —!>,157 3^,302 5 •,OI'0 21.443 5.'5,133 .S7,:iis it Ilio lir. West Mwliies .t Ft. 1). Betroit LaiisV N'o . Evaii8V.<t T. Haiitft 2,JiiH,.-. :i'.i 398 111.... AO 1 308 847 251 Chlp.MIUv..tHt.Piiu'.. OliicHKo vS: N.'rth\vt^«r CUIo. St I'.Mimi. ClilcA West Mich.... Cln. Ind.Mt. L. >V(;h.. 1 88 713 i.r-si -48.n23 -13,755 Chlc.v Knati'in 138 18776 223 160 740 208 1,387 1,324 73n 733 441 — 10,676 411 1:I8 19,297,521 21,l('8.074'—l,81i,553t42,6«>3 49,906 Totft! (57rotta8).. against 5,.V!7 cats cai-s, Mtltngr.. ilneniue or 1883. 9 Bout. Ifoos Tnti. A W. Biul.Cf<l. Kap. i No. Cnnndinn Paclflo spring wheat tho inspection for SantCiia$. of Rond. OfiRONICr.E. the against 4!)i» Southwest, the I Only three week-s of N'oveiuher In each year. For four weeks ended Novoiuber 29. make tlie least unfavorable It is rather showing. now which In this sense, per- haps some of the jSTorthwestern systems are to be singled out for distinction but in truth there is little room for ; choice, all, with very few exceptions, returning poor results. Even the St. Paul, which in previous months, supported by a magnificent outturn of the crops in its territory, has been able to equal, and even exceed, its large totals of 188,3, this time falls about $80,000 behind, though the Sunday may explain that. The Chicago & Northwest, on the other hand, has the largest monthly additional decrease yet reported — over The $100,000. difference in With such a decided 1883. bushels in chtti «!».'l expansion, is it not surprising that roads passing through that section, likd & the St. Paul Duluth and the & Paul St, Manitoba should record gains in earnings notwithstanding the prevailing business depression. Below cereals at all the leading is the movement of all kinds ol Western primary markets. RECEIFTS FOR FOtTR WEEKil ESDEO XOVEMHER 20 AXD 8INCB JAN. Flour, C&rn, (6iuh.> (dbb.) Chicago Oalt, JiarUy, 1. Itve, (6m*.)- (fclMfc.) — 4wk8.,Sov., 1884 4<ika., ,N0T., 1883 MncoJan.I, l*** 437.101 33 1,005 s.ftSfl.Tns 2.1(11.1173 3,9(M!.»»: 2.080.340 5JJ73.3i!5 3,5lll.ts8 2,88«.7ftfl ai,602,S31 B«.li(h),77» :«.:-«a,l»« 1.3s«..-U4 r>,-3;l.n« R,tp:)7.111 Since Jan. 1, ISSii Mitwaulift— S,837,U04 1(1,554,2<)0 B0,8OM.415 33,000,20(1 ti,:i'>-<,lrM 4,013,704 4 »ks., .Nov., ISSH 29.5.0 7 8SU.I1 11 4wks.. *OT., I8H3 Slnco Jan. I, 18.S4 81nco Jan. I, l»8il 8,073,»0» at. 073,455 l,a«3,U5! 108.4*) 8.H>«r,3.'i<J 7(i."i.'.i7U, 150.550 227.003' 123,(100 7,338,aW 1B7.472 l.OK.IKISl 2..'j()0.^Ui ,'j3;t,7lj« 075.870; R47.4K5 4.30a.'CO 2,184,438. 2,(i53,32U| 8,4ll-,97 11 21.180 !*5,o.54 yor.sis 586,538 i^uis— 4 wks., Nov., 1884 113,709 a»3,e4K 1,110.123 l,ia4.t«7! iao,4i'4 4 wksi., Nov., ISa.l f inoo Jan. 1, 1S84J t.3U4,U4M; M.OOl,"?! ScnceJa.'<. 1,1883 1,458.8781 12,flOD,202 40«.4ia! «o«,3-i0 I5,10«,8»5 17,411,818 3.8ii..5:K): «,4-J3,S05 475,.5''7| 710,01d 8I.",-«2' 01,327 5'tN,Mg 4 0,335 2,«0«,-h7l 2 3bO,iW3 5,10;.S10 Toledo— I 4 wk-., .SfcT.. ISSl 4 wk»., Nuv., 18831 >;nce Jan. SInlxiJun. I, IS^l I, 1883, DHrolt- ic^i.ors IB.il 1.274,613 15.0l»,4ni 1U.422 t«.103 115,008 15,(i07,6u4( 10,.S78 490,018 li,38S B0l.47-a 7,440.- 1)1 2S5.nool 14.813 250,1821 0U,«0!) B.4HU.1W3' ,554,772 0,300,099 1,071,480 lor„4i0 I3j,2ai S2,7»5 71.804 31,3« 41,102 00,>«(0 20S.S«1 8c.9,.<Ui I 4 wks., Nov., 1884 4 wks., Nov., 1S«.'! Since Jan. 1, 1.SH4 Since Jan. 1, 1883 CUveltind— 4 wks., Nov., 1884 18S3 4.Tks., Nov 81nce Jan. 1,1884 Since .jun. 1, 1883 113.(118 158.ln;5 74.181 228,010 6,377,105 l»5,(i(!3 483,720 58a,72B 101,870 86.831 84(179 3..31U 23£,t88 153,30a 104,073 80,4781 3,0k*, 004 43,723i 720.81(1 >23,23tt 2,07j,313 006,071 070,a«4 727.0«5 1»,.'J71 l,n«02« 36S 7(1.0 1,470,441 1,042.133 1,038,4171 1,41S,0W !4i,o:s 15.B40 4 wks., .Vov.. 4 wks.. .Nov., 881 1SS3 .S,74-) Mnco Jan.l, is.*! 4-,4'.c,i Sines Jan. 1883 BJ,7U1 4wks.. Nov., 1884 4 wks.. No'., 1HS3 Sine* Jan. 1, 1NS4 Since Jan. I,18s3 145,040 1, 1 ^l.i'ij 1.000.720 41,320 Sj.5,720i 0)3.010' 1.00.1.100 8.03!','L'O ia,4lH.li2- 470.050 lll90,047i 8,3B4,S7U 10,B5B,7oO 803,2(X) o,4i;o ' 2.487 3,804 I3,(tyf7 »,lfiO 1»,785 it F5,20O 80.780 674 .IK 5 903,025 T'ofal of all— 4i.k3., »0l'.. 1884 Si.O'.Kl 1.401,0"J)I 13,7« 760.WK) 57«,000 11.172,800 0,133,440 103.*.0 1,0-25.577 ll.»a4,R29 8,717,074 7,l50,K«8 80,071,241 l.-i-a 0:8,7U 4 wks..Nov., IH^^a 1.024.351 8.0)2. <0» 4wk8.,Nov., 3,800.235 12.«.. 38,1081 13.013' 858 a.120,41; 3,(132,2401 2,303.414. 355.885 7,184.07(1 5,t7rt.r..^3| 3,3m.O:!o! 702.47.) «.•-.).-,. ;;,-,ii :; 2,0ii7.5:rj 4<ir(.701 i7 Slnco Jan. 1, IH-m Since Jan.:, lW--'3 S.430.0.58 lli.>;fl(l,251 II Since Jan. 1, 1882, 7,«3.SK)0i 60,l)77.8S7l 7: ' l-21.1."J», 11.107 13.20(1.07»l 4.738.540 -i.ovi ii;,4)0..-:ui 7.1t»-i.5:» -7.',302ill. 133.731 3.-22S,434 - 1 be seen that the total receipts of wheat at were over 3 million bushels greater than in the four weeks of 1883, but that taking out Chicago and Duluth, the total would not be materially different loi th» It will thus interior points two years. On the other hand, the receipts of corn about a million bushels why Wo see roads like the St. Paul lington Cedar Rapids wei^ Chicago accounting for almost less, the whole of the decrease. (an important item with 41.S.50 r.4.4no Duluth— reason is com only It is this greatly augmented raovotnent of springwheat tliat gives the St. Paul such large earnings ; and tliat the earnings are large appears by the fact that though the total is $80,000 below 1883, it is $738,000 above 1831. On the Northwest pre^nt earnings are actually $.j(),000 smaller than in 1881.' Another evidence of the increased movement of spring wheat is seen in the receipts at Duluth, which aggregate 3,390,a3.'> bushels for the four weeks of November, 1884, against only I,401,95tt owing to the difference in the character of their traffic. The St. Paul, being chiefly a wheat road, gets in full the benefits of the immense yield in the Northwestern section; but the Chicago & Northwestern shares in the wheat traffic to a very much smaller extent, and has besides lost in inspection was cars in 1882. the results between this line and the St. Paul, as heretofore explained, month reached 8,S0l while of winter wheftt, Peorta— Tho time has passed when, in scrutinizing a table like the above, wo could comment upon the roads that made the most favorable showing. the 188:!, cars in 1883, and that too after reaching 'l.Wt , * in in this decrease on© & Omaha and & Northern have the Bur- smaller earnings, number of working days. But movement of corn less, but the move- apart from the diminished not only was the ment of all but not for instance, small grains also there is fell off materially. In oato, a contraction of nearly 2 million bushels, which like the falling off in corn must have been an unfavorable circumstance with many Northwestern and As respects the wheat movement, we give further below Western roads. Then barley shows a loss of nearly a our usual table, showing that at Chicago the receipts by all million bushels, and the receipts of rye have dropped from roads in four weeks of November this year 5vero about 792,000 bushels to 355,000 bushels. The conclusion would 1,200,000 bushels greater than in 1883, an increase of seem to be that outside of the spring-wheat district the nearly one-half. But this gain is almost wholly in spring- general grain movement was nearly everywhere smaller with the St. Paul), and furthermore, very decidedly ia the products of tho mineral regions of Michigan. wheat, and has affected only the roads carrying that class of wheat. In illustration of this fact we have showing the inspection of the two kinds the figures at that point. than a year ago. Tliis conclusion Of helps ' . it is .. important to bear in mind, for us to interpret the results on many i it roads tha,t THE CHRONICLK 670 were supposed to Take, for the all have been favored in States and Indiana Ohio, of winter-wheat the instance, this respect. The reason for this Almost Illinois. the roads in that section recorded a falling ings a year ago. comprising belt, oflE earn- in was quite apparent. in the latter part there It [Vol. is the of the Chicago & month had a XXXIX. Then decrease. Alton, which likewise falls behind. would seem that the time has arrived when even these roads beginning to are feel the influence of business depression. Next to the Chicago & Northwestern, the Central Pacific The crop was unusually bad, while in the previous year (1882) it had been exceptionally good, and the contrast in and the Grand Trunk of Canada have a larger amount of But decrease than any other roads in our list. On the Central Pacific the loss is $307,639, which is additional to a loss of equal, should at least operate in favor of better receipts. $35,000 in 1883 and $158,000 in 1882. As showing how Instead of that there is a further loss in earnings on these much more largely the loss is on through traffic (where Of course we know that other things have not the completion of new lines has deprived it of much busiroads. been equal that business depression has become more pro- ness and also caused large reductions in rates) than on nounced, and that many industries and manufacturing local traffic, we may say that of the total decrease of establishments have materially reduced their outputs. $307,000, $100,000 is on the latter class and $207,000 on That certainly serves to diminish railway traffic, besides the former class. As regards the Grand Trunk, the pasmaking it difficult to maintain former rates, and in this senger traffic comes in for a larger share of decrease than state of things no one expects glowing statements, a falling the freight traffic, as was the case in October, showing no off in earnings being a natural consequence. But the point doubt the effects of the war of rates on passenger business between the trunk lines. IS that among some there is a disposition to magnify the Michigan roads also make poor exhibits, some of them Such persons claim efEects of this industrial stagnation. Both lumber that the decrease in earnings occurs notwithstanding a after the same kind of sTiowing a year ago. There is, and mineral traffic has suffered heavily in that State. As very heavily augmented movement of grain. this respect occasioned sharp differences in this year crops are again good, and this, traffic. other things being — however, no reason should be affairs simply do not why a naturally bad made worse by condition of exaggeration. bear out such assertions. We The facts have seen that in those sections where a material enlargement of the grain we said in October, demand for lumber it Pere Marquette, we can repeat what that under the great falling off in the the road place, railroad earnings are almost universally bad, even after a loss in the previous losing in a single year what From $152,000 gross in road gradually moved up to $234,000 the change in their totals, while in the district east of the ilississippi is took several years to gain. do not November, 1880, the in November, 1883. and north of the Ohio where returns $157,000. Wisconsin movement has taken fail to reflect & regards the Flint witness the returns Now roads of the it has likewise dropped back record losses, Wisconsin Central, to as the seems to have been no Milwaukee Lake Shore & Western, the Milwaukee & was far from large then. Northern, and the Green Bay Winona & St. Paul. Southern roads can hardly be said to be doing well as a Among the roads in this section that suffered a decrease last year, and now suffer a further decrease, may be mentioned whole. The losses on some are very heavy, though othew the Chicago & Eastern Illinois, the Cincinnati Indianapolis keep very close to the totals of a year ago. It should be said, though, that at that time these roads were not St. Louis & Chicago, the Cleveland Akron & Columbus the Indiana Bloomington & "Western, the Ohio Central making any great amount of gains. The Mobile & Ohio and the St. Louis Alton & Terre Haute. loses $25,000, besides $21,000 in 1883. The Norfolk & The Illinois Central main system (including in this the Western had improved totals in 1883, but now suffers a line to New Orleans) last year had a small increase, and reduction of $31,339 itself, besides $30,500 on its Shenannow loses about $67,000, which, under the circumstances, doah A'alley road. The depression in the mining indusdoes not seem bad. We see that at the Southern end the tries along its lines is no doubt in large part responsible road delivered 77,478 bales of cotton at New Orleans in for this result, and the same doubtless is also true to some November this year, against 75,709 bales last year, and extent of the decrease on the Chesapeake & Ohio. The that from Cairo north it carried 32,982 bales, against Louisville & Nashville has a decrease of $123,000, but The inference from these facts agrees with this is on a gain of $107,000 in 1883. As regards the 13,746 bales. what the officials of the road tell us, namely, that the influence of the cotton movement, that, except in Texas main line is doing quite well. They say that the trouble and one or two other localities, must have been an influyear, the grain larger than is movement in as a rule 1883, though largely with the it branches, which traction of local business — all The branch are suffering a con- the branches being alike in where they return no profit themselves, afford a lucrative business to the main stem, in the large haul they give it on this respect. lines, however, ence in favor of better earnings, as the aggregate receipts at the ports for the than in 1883. month were nearly 100,000 bales greater is shown in the following table. It This will be noticed that there is a large falling off at Galves- per. ton, but that New Orleans and most of the Atlantic ports have augmented receipts. haps necessary about the increase in the road's mileage. It will be noticed by the table above that we make the RECEIPTS OF COTTON AT SOnTHERN PORTS IX SOVEMm;i;, AND KRO.M JAN. 1 TO NOVE.MBER 30, 1884, 1883 AND 1852 traffic to and from them. A word of explanation is The increase in great part represents two new branches (133 miles) on the Southern division which, though adding largely to mileage, are adding very increase 161 miles. 1884. Galveston Thus these branches earned Indianol:!, &c altogether only $30,000 during the month of November. New Orleans Mobile There is one class of roads which have heretofore been Florida little to earnings as be losing this distinction. We mean the roads in Kansas and Missouri, or connecting with those States. The Kansas & Gulf actually has a loss, while the St. Francisco has only a nominal increase and City Fort Scott Louis & San bales. yet. conspicuous for their generally favorable exhibits, when other roads were recording losses, but which now seem to Since January November. 1 POETS. Savannah Brunswick, Ac .... Charleston Port Royal, &o Wilmington Morehead City, &c. Norfolk West Point, Total &c 85,06. 1,878 801,107 62.103 16,003 187,519 2.577 131.412 450 24,853 2,323 149,4-2 88,238 1,092,413 1883. 122,033 1,163 815,785 63,381 11,146 130,873 3,794 78,928 3,493 22.681 4,700 150,29a 1882. 132,545 2,369 293,840 54,937 S.f97 157.713 1884, 1883. 435,002 9,585 1,114,574 166,001 712,374 12,257 1,503.067 232,324 20,754 060.182 6,331 433,955 47,7ll6 122,175 2.833 638,800 9,049 443,080 4,233 27,671 81,181 2.438 18:,075 49,931 6,670 447.025 220,727 998.345 1,038,855 3,374341 62,.193 852 1888. 483,228 14,290 867,874 222,154 13,916 610,847 4.W1 190,4.37 411,149 14,783 95,260 15.976 508,004 162,284 4,523,521 3.474,213 22,760 99.046 16,559 605.623 December As THE CHRONICLR 1884.] 13, to the earnings for the eleven 671 months of the year to month show- ing worse tlian could hardly predecessor a satisfactory statement its looked forward be to. Consequently the /m. 1 U Oct. 81. Oclotitr. the end of November, with each succeeding BarMnti. assjis? Xarnl*0s. Samintk * Burl. C«lar Rap. 18S4 North, itjtia MI.41S 807440 in.744 i81.4M insoaa. TM,SM 44SJM0 817,104 101,718 )N8.IM0 1483:0 10S.M9' Caniullan Paclllo— low exhibit below, with a loss of 5 millions, will cause no surT]ie prise. falling off heaviest on such roads as the Northwest, the Grand racific, the C'entral is 1868 Denver & Rio Grande and the Illinois Central, but many of the minor roads lose just as much proportionately. Improved totals are met with in some instances. Northern Pacific and Canadian Pacific of course had their new mileage to aid them in reaching better results, and so had the Rochester & Pittsburg and the New Orleans & Northeastern. As to the rest, the only others of any consequence are the Kansas roads the San l-'rancisco and the two Fort Scott roads. Below is our usual table giving full IBM — OROM RAVntOR PROM JAMDART I TO XOVESinKR 8TS.8ID & T iSSl 1883 Burl. **' I Dm Moln«°i"irt.' udlim^' * 1884 1883 Bad Tenn. * OeorKta— ." Va. 1881 1888 Fort Worth 1884 18S3 St Denver— ... 1864 * 1884 1883 1881. 1883. Inereatt. Dtcrtate. 111.020 2,508,008 Canadl.in Piiclno Central lowii Central PhoIHc 5.423,7-20 1.308,454 20.529,406 3,241,040 & Ohio Chesapeake Sandy. 694.1fi2 CWe. & Eastern Illinois. Chicago Mihv. & St.Paul l,337,89d 7.981. 1(i6 1.419,318 21.242,000 21,443,000 Ellz. t>ex.& Blir Ches. Ohio Jc8. CtucacoA Alton W Chicai^o A Nortliwest ... CUic.St.P.Minn.<t Omaha & Chicago West Cin. Iiid. St. L. Mobile ft .Mich.... Chic... .fc & 2,362.71 0| 1,007.761 No. E. 439.771 411,867, Vicksliuri; i Meridian. Vicksbur!,' Sh. & Pao.. 236,Ufi Cleve. Akron * Col tDenverA Kio Grande.. •Des Moines it Ft. Dodge Detroit Lanniiii; & 4 43,601, 5.504.08.'>i 316,09.1 1,240,213 693,905 2.078,003 851,305 432,731 15,637.590 No... £vansT. & T. Haute Flint it Pere Marquette. •Florida R'y & Nav. Co. Ft. Worth i; Deuver Brand Tr. of Canada .. Oreen Bav Win.* St. P.. ; ni. Cent.dU.llne&So.D) Do (la. leased linesj Indiana Bloom. & West. •Kan. City Ft. S. & Gulf. 297.420 9,318.240 1,.550.913| 1.866,-550 2.4I6.O20I 2.721.720 1.742,731 1,015,0H 983,135 470,849 439,0.38 .. Northern Pacific Ohio Central Ohio .Southern Peoria Dec. & Evansville 701,854 Rochester* Pittsburg.. 8t.L.A.&T.H.main line.. Do do (branches). 1,051,928 1,200,6.30 679.315 443,967 4,268,801 & St. L. Ft. Scott Wich.. 8t. Louis S. Francisco. St. Paul .fe Dulnth 8t. Paul Minn. .Man... & 1,20>',221 & ' 7,449,094 1,266,165 Wisconsin Central Total (',5 116,773 In 23',i6S 2'75",239 30,292 76,274 330.283 69,255 44.419 —that is we 99.953 129,845 107,151 Atch. Topcka )1«<4 Itta .t Santa Fe— |(>ueratjnv 24,0891 887,145 812,240 40.S79 778,412 107,108 00831 B«2.808 11.170.742 701303 11,580,830 8a3,iei 79383 183,903 281, IW 300,221 4.248.280 4,71)0.484 139.153 M,814 37.510 47,339 2I2.4B9 25«,8;i 180.030 131.883 62.408 121,57» 1,422,443 1,087,334 82»,«8! 402,772 aO.3,737 123.374 109.230 80.863 42,084 1,805,109; 1,813,285 848.024 872.743 201.024 260.4S5 105.9^8 105.422 2,797,I40| 017388 3,101,748 189.787 180,803 155,708 181,307 2.219,288 86,1.011 2306,745 1,0S7,705 581 ,407 51.898 20.348; 01.8« 82,357 031,827 712,774 121,419 103,300 61U.795 590,748 2:9.000 801.401 210.780 1,004.804 280.287: 5.142385 1.770.788 2,071.488 1.4ei..3U 1.3«7,a22 7S8.701 685.8J7 702.810 10.738.687 4334.121 7H.3S6 8.018344 2,547.817 115.593 131.310 71.131 02,784 44,462 08,570 4,447,547 4.875.348 2.521.840 2.650.199 1.925,701 '40.840,610 15.407.801 2.218.149 j42.70»,«95 10,295,008 1S5.7H 205.290 189,303 243.070 3,052.7.^3! 3.474,875 1,030,478 1.728.623 l,873,5U2 1.007.457 1.723.290 1884 1883 2.081.746 2,918,058 1.177.000 1,471,015 1881 1883 112.301 110.127 40,775 63,756 05,520; 808318 0i,S71 973,989 1884,...,... 92.8fl0 1883 88.232 02.048 01.017 30,812 27,215 1,220.127 1.300,308 1.281.084 ,21.993,9751 9,5f)l,14S 1,801,958 24,317,040 11,035,387 Iron— 02.100' 18,710.571 def.44.800 523.393 11.212,115{ 1 150,302 Union Pacific— UUh Central— Nasie. 1.484.077' 21.0.'«.309l B,.'?I7.616 1,474,013 23.707.858,11,030,438 1,183,072 1,071.1501 September. S 1884 1883 Cklcago ft 887387 502323 407,894 423,021 1861 ft 147,191 73,814 199,531 785,209 : To Nov. 1883 N. Y. Lake Erie 18*1 1883 Rome Wat. these are about the The exhibit .^Vt ; ' « 1.355.185 1,370,340 15S.871 '.58,226 73,751 02,995 290.888 219.880 148,2 143.120 2.101.375 2.013.131 1.215.099 1.575,722 1 fo Sept. SO. * I 880.508, Itl.gSO.lOO 1.050.002 18,275 J232 * 4.755.513 r.014,107 ft 80.123 89,281 Chic— 1,794.228 1,844,058 008307 888,078 15,221,740 1,037,412 17,473,008 330«,S«8 >2 101 .78o' 100,700 688.187 West,»- ft 5,515,381 Buff.843,200 80,810 103,621 81.265 7S.001 Ogdensburg - IWvi 1883 184 786 172.818 Name. ft 9I.8I1; 1 1,257,802 412322 Lisajna 280,737 Jan. 1 to AUQ. 81. August. Indianap.— 8 3,447,422 2,818,418 : 19.''3 t 587,085 880301 Southern Pacific (No.Dlv.)— 1881 1883 81.115 55,770 71.884 &4,8e4 818380 140,010 632,841 382.546 403,oea 212,573 331,177 100.798 160,928 72.770 104,255 2.288,808 2,701,817 1.2S2,17« 130,045 207,121 rS.311 73,400 02.3341 138.7181 1,217,276 1,083,218 1,0M,878 27.280 28.784 86.714 30.101 447.325 531,870 211,083 2>7,078 1.33.009 Southern Div.S— 1884 1888 804.863 Arizona Dirlsioa 1S8> very few of tho latter \ ft , N.Y. West Shore Clcv. Col. Cln. 1881 29. Jan, * 2.194.903 2,420,318 1884 1883 3J,891 246,026 19.467 I East. Illinois— 470,067 Bamin^".' Exptixses. Earningt. » » 1.712,0AO l,51S,t»ll 40,711 21,713 3.531,436 1883 Phila.tt Head. Coal ft ISS.-) present the table below 3vithout Qrou 00 806 87,290 85,700 8^80,088! l,«02,a2e 3358,005. 1384,198 1.6.39.44 Cln. Ind. St. Louis 1884 October. ] M.3S8 £91,0^5 432.439 ,561,022 14.781 90,003 43,519 further comment. QBO8S AMD SET EARNINGS TO LATEST DATgg. ' & Krle— Central Paclflo— uniformly of one character so IS,164 18,670 280302 27Sa0l e.Mil 2,l>40.511 7.S,619 31.949 31,811 only prominent roads with improved results. different lines 89,8«7 4s,ees I,IIS,MA 542.297 3.483,5921 1,240.115 7,695.1201 1,285,632 larger reduction in expenses, but 200,M)ei 288,470; 247,77» aujMa 81,188,422 10.222.080 «13i0,677 10.e08,8B4 Pitts- 18M,* West Jersey— The Atchison has a gain of about $100,000 in net for the month, and the Union Pacific has managed to counterbalance a large loss in gross by a by the Penn. call lines east uf burg Si Kriel— 1884 1883 2,012,180 77.075 699,920 313.413 278,700 1.977.396 fact, 211 .881 319,117 A California— lSf4,.,:. exhibit of net earnings covers October this time, unfavorable 1884 1883 Pblladelphla& Ueadlutt- are to be found. still I8(-S 238,3aO and the first ten months of the year. The showing is far from satisfactorj'. Decreases are the rule, and the exception. 4IS.280 493,583 78,300 ,. 1883 Philadelphia 1884 1888 14, 15: Includes three weelts only of November in each year. t Not including Utah lines after .Inly 1 In either year. increases 18,8801 331,210 46.446 823,773 * Our 14,868 83,666 288,4% lasi l8^S Nort.hern central 1884 198,470,623 203,563.395 6,348,365 11,435,137 5.086.772 ro-ids)... Net decrease 87*71 806,877 & Western— 1884 1883 Oregon 200.121 180X118 1,O08,WU 3I.BS0 30a.88,> Norfolk 1883 18.830 2,.i70,381 791.402 9,292,806 1,002,479 328,883 659,305 581,861 l,3t7,821 758,339 216,433 ^s& l^S& 201,320 New England— 18f4,. 319,784 780,420 2.349.252 12.897.324 879.899 1,877,443 2,449,336 683,951 11,853.888 1,017,260 424.8*6 55,676 81,701 1,202 41,927 336,4ti0 1888 N. Y. k 1884 1883 023.8151 003,522; I/>(r7374 Northern Pacific— 240,395 962,834 119.9S7 460,69 119,313 490,04 6,327,85^ 301,933 1,478,343 670,440 2,353,^42 821.013 £8,000 Louli— Snenandoah Valloy— 80,224 97.209 256.908 1,820,507 2,361..30a 2,393.671 12,355,027 801,280 Milwaukee & Northern. . 32,389 41,652 21.50S,90I> 17.669.770 374.495 10,01S,080 2,r2>!,01H S49.67,i Kentucky Central I>on^ Island Louisville .fe Nashville.. Marq. Houshton itOnt.. Milw. L.Shbre & West'n. Mobile &01iio Norfolk ife Western Shenandoah Valley 2,346,466 358,468 23,26<,507 5.085,103 1.375,129 1.130,805 2,223.728! 2,303,429 New Orl.A Tex Pao. Alabama Gt. Southern t)rleaii!S •ilfib-: 463,032 117,588 4,960.688 1,188,866 22,875.962 3,600,40B 661.573 1,196,244 8.061.390 1.516.527 St. 18S4 "2.585,563 l,l»«iM biilo^ 1884 Nashr. Chatt. & 98,353 5,32.1,498. Ciii. New 312,667 M,OK 4T.ai)» 88.788 1883,. Boston Iloosao T. & W. Burl. Odar Kan. A. No.. 49,8W l,177,asi 1.291.711 1.901,465 1884 1883 Xante of Road. 888,744 8.xS0,l09 NaihTllle— Memphis & CliarleHton— 30, «».674 70,e08 Kentucky Central— 1888,. lioulavllle 9.U3S,fltS I 130.MS 148,«M A Qumojr— *"* jogji' ooT.na «,snjao ; 7«,4«(l Big Saiulr- ChM. Ohio A South West.— details. • •870.181 Ifwa Klliab. Lax. l»iA 1683 Chlawo 0««.I»| & Ohio- Choanpeake Trunk, the ^w 1883 New Mexico * 618,484 OlTlslon— 18S4 1883 02,084 05,188 Decrease duo to caring In of a tunnel. Interrupting traHc for nearly two week.'j. f Bmbmclng op?mtion8 of Central of New Jersey after June 1 ot both yean but not prior to that in either year. * Including 63 per cent of eunilnga and entire working expenses of the New York PennsylTjn'a ft Ohio Itaflroad for the whole of this year and after May 1 In 18S3. i Not Including Colorado Dlr. In either year after August 1. COLONIZATION— SOME OF ITS RECENT Jan. Orou Xet earning, Eaminif. » ASPECTS. 1 to Oct. 31. » It is a distinctive feature of the international news of the day that the interest which belongs to it continues to "fL.'KW l.'^n.SWi 18.504,8791 6,4nf.7a8 033.553' UlB.sal 1S,U«0,«CT 7,078,«71 centre largely in colonial questions. It reminds one of THE CHRONICLK 672 America, the generations succeeding the discovery of when the Atlantic took the place of the Mediterranean as the highway of commerce. At different periods the ques- tion then was, whether supremacy in the New World would remain with Spain or France, or Portugal or Hol- XXXIX. by bone and sinew, and sacrifice, and hard-fighting, and It is well enough for Dr. Nachtigal to seize this and the other point on the African coast but the hoisttime. ; German make a German colony. both France and Germany need to revise their ing of the Do not flag does not We look for good from the Congo Qonference, European and from other of the present movements; but we do not land or England, colonial expansion in the direction of America largely determining the character [Vol. of methods? look for miracles. All the money of King Leopold, all American republics the patronage of Prince Bismarck, all the confidence of had much to do with the bringing about of the downfall Henry M. Stanley, will not make an India of the CongoIt was a proud boast which was Valley; nor will all the valor of France convert Tonquin of the First Napoleon. politics ; and recognition it a well-known fact of history that the is by England of the South made by George Canning, when, referring to this stroke of diplomacy in 1823, he said "I called the New World into a prosperous colon^^ : Vain had the "into existence to redress the balance of the Old." as the saying may appear to us in these times, it merit of being true. of The New World has long since been able to take care itself. For a time the Continental nations seemed indif- ferent to colonial expansion; and even England seemed discourage further acquisitions of territory. however, it to All at once, has again become the absorbing subject of At Tunis, on the Upper Congo, in Tonquin, in Formosa, we find the French either in power or endeav- interest. Prince Bismarck also has oring to assert their authority. lent the weight of his influence to direct the thoughts and the energies of his countrymen towards founding German colonies in Africa and in the far east. The Congo — Pl0ttetarijg®0mmerctal ^ugXlsfe p-cws RATES OF EXCIlANGK AT L()NDON AND ON LONDON AT LATEST DATES. EXCUSNGS AT LONDOlf-Xov. 23. KXOIIAlfaJS 3N LONDON 0(1— Time. Aiiistcnliim. Slioi-t. Amstertl.am. UaiubUfK means bors in Europe, but by founding " 20 08 Frankfort... «* 20-63 W20-71 B20-72 ©20-72 12--i3 ®12-.-0 12-45 23-53 ®12-50 her neigh- •20li7 . " Vi.nau tt Tfiee.'e Aiuweip. <* ... " '2.'>-47i3a25-uo 25-30 '* " " " Genoa M.i(lrld If the disposition attempts to •• of late more pronounced to consolidate and the mother countr}'. 7.1] p.d. Is. -SlKll. t( 20-25 2050 12-30 2!< '• 1230 (i 25-32ia- 3 2.-ii ,-.. 25-.'i6 mi:8. 25-35 la. luus. 47-50 1 Nov. 28 3 ! .... .... ,... , '26: 9508 3 mos. 110-00 Nov. 23'tel.t,r3f Nov. 8 tcl. trsf Nov. 28'tel. trsf Nov. 2S; 4U10S 'J 4n:ii„®lU5i8 Unui; Kolis. SUaujjliai llNov. '• -.iS! ls.71.-,2il. 1 Is. 71i»d. i-ia 3s. 7%(1. 48. 113>i.l. FTom our own oorresponaent.J London, Saturday, Nov. 29, 1884. week the money market has been decidedly and the rates of discount have been steadily Since this day flrm in tone, advancing, notwithstanding that there tition strengthen them, and to bring them into closer unity with 2C-.)0 *• Is increase her colonial dependencies, the determination has become Nov. Nov. colonies in other couti is to resist all 29 3 luus. " 23 28 Sliort. .... '.Nov. 2Sjriiwl!S 5in,tasii3jg .... (leu'ud 1 England. ® 25-35 4t;a|fi'<i'46'ie 4(i3i, ^il^(i>^» 90 (lays nents and in other climes. Revived colonial sentiment has found expression in Spain, Portugal, and even in Italy. Nor is interest in her Colonial empire allowed to die out in .... Suv. Nov. Nov. Nov. Nov. 25-03% a'2.'.-a3'4 , Lisbon Rate. 12 15 2S -S23-0212 INov. 23 4t St. Petorsb'g Paris Paris Ciidi/, Tinxi. Nov. 23 Short. mos. 12-f8 al2-5i8 '3 ** . . to seek expansion, not at the expense of 12 214 al2-234 JJorliu Conference now in session in Berlin a conference con- AlCxauilria Coustaiit'iile vened by and held under the auspices of the German Bumliay .... Calcutta Chancellor seems to point to the fact that in future it Nuw Yoik... — Latetl Dalt. Saie. Money for the limited is supply of is bills considerable compe- brought to market. not so abundant as could be desired, and doubted that the existing Bank minimum it cannot be five per cent wiU The decline which recently took place in the In this general desire for colonial expansion there is rates of discount, and the lieavy difference apparant between nothing which is not worthy of commendation. The progthe official and open market quotations were a cause for ress of the modern world has been inseparably associated anxiety, but a change has now taken place which may prove be maintained. with the colonizing tendencies of the Spaniards, the Portu- permanent,and ultimately lead to a sounder condition of things. Dutch and the British. FurtherFive per cent has already had a good effect, not, however, in more, France is not to be blamed for seeking to build up bringing about an influx of gold, but by checking any importa colonial empire, and so make room for her people in ant export movement. This, to a certain extent, is satisfacother lands. Germany has the best of reasons guese, the French, the for found- ing new colonies. The land is conclusive, and it now Year by tory, but half-way measures are not remains to be seen if the present value of money in Loudon America and over-peopled. year thousands are leaving her shores for and every new departure is a fresh loss. The establishment of German colonies might have the for Australia ; more satisfactory results. At present there is no expectation that our will lead to financial position improved during the current year. Gold coin effect of conserving the German population. If they set- wUl be required for Egypt, on account of the war, which tled in the German colonies, they would only have changed does not appear likely to be brought to any early termination. their home— they would not have come under any new Neither are we likely to receive gold in anv important quantity, either from Australia or from other countries. government. During the remaining weelvs of tlie year we shall liave to And yet it does not seem that either the Germans or meet an augmented demand for money, witli a diminished the French are going about the work of colonizing in supply of loanable capital, and firmness must, tlierefore, be a precisely the right way. The Germans, it appears to us, prominent feature. It is nevertlieless still maintained that make too much of paper and the French make too much five per cent will be adequate but financial movements are will be vastly ; of the sword. to-day are of ations. The colonies which now but any value are the growth of many generColonies must grow. They are.notto.be so quickly disturbed or controlled, that opinions carry little weight. Last week the outside rates of discount "ran away" from the Bank rate; this week the movement lias been rapid, and as miicli as six per comjjletely forced.. like_ household plants. opposite Of what value have Anam and Tonquin ever been to cent has been paid for short loans on the best security. A five France ? and at what an enormous cost is this so-called per cent Bank rate, and an open market quotation approachcolonial dependency being held? Such a method of ing it, is muoli more satisfactory than any great disparity making colonies will not pay. As to Germany, the same between the two. Unfortunately, the times are so changed that four and five per cent no longer indicate a state of comsuggestion seems to apply. The Congo Conference is well mercial prosperity. Gold movements, and an uncertain enough; but the Inter-colonial Empire has yet to bo made money market, have a decidedly adverse influence, and neces- " m. CTTUOXinLR 1884.] 13, Henco, from all the Icadiiit; siirily luiul to Rreat caution. centres of iiulustry iiotliins eiicouraginp is reported, except it be that cautious ami jurticiouH trading is expected to be followed at no very remote date by renewed prosperity. The Bank of England return for the week exliibitu somewhat better results but it sliows, what we have stated alxjve, that the prospect of easier rates of discount is more than doubtful. ; Bankf is' balances ore below tlie average, and it would occasion no surjirise if there were to be considerable tiglilness in the money market a.s the clase of the year is approached. The circulation of notes has been decreased during the week by i'ir)3,220, while in the supply of bullion, due chiefly to a reflux of coin from provincial and Scotch circulation, there is an increase of eiOC.Oou. The improvement in the reserve is therefore £31U,37o, raising it to £10,026,531, which compares with £13,03(i,319 last year. The supply of gold is £10,918,971, against £22,100,609 in 18H3. Although the totals for the current year show an improvement, compared with a few weeks 673 ^*^^ 1 Price of «oM. I lfo«. 97. j 1.. Ihir 11 77 j|d, lino., .oi., Prict of SOvfT. B n io« 20 iltarta. nUrer.oi. 77 lUM duublooOM. us. S.Ani.doublooDB.oz 1 d. BardlTer.anc.ot. Bar nllTer.contalB- iiOi 60!i ln«Si(ri.Kold..o«. 60!< BOJi MX Caka •IWar ...01. S3MI Mvxloan doU...Ox. 4B 1 IS ....... Fi>itn. >V„-. 90. ffor. ST. A 4. 77 9 fc Hiir KoliS, contaln'K.j The trade M. ITou. d. 1 ' produce has continued in a rery ututatitdoing is still of a hand-to-mouth cliaracter, at no improvement in prices There in, however, some Continental demand, which has afforded some enoouT' agement. in cereal Tlie 'business f iL'tor}' stite. The following are the estimated quantities of wheat, flour and Indian com afloat to the United Kingdom, Baltic supplies not being included: preae.nt. LaH wefk. ,722,000 1.(8.01)0 1,87».0;)0 i:jO.OOO 105,000 101,500 At Wheat qr». Flonr Indian corn 1 Liul wear. 1,708,000 17H.000 103.000 1A82. 1,070,000 178,000 U»,000 The following return shows the extent of the sales of homesince, the comparison with last year is decidedly unsatisfac- grown wheat, barley and oats in the 187 principal markets tory and must be a cause for anxiety. The Bank of England of England and Wales during the first twelve w eeki of the seari.te of discount is now 5 per cent, last year it was only 3 per son, together with the average prices realized, compared with cent the proportion of reserve to liabilities ; now is 39 'So per laat season : which compares with 43-2o per cent in 1883. There are «t the present time no strong reasons in favor of an immediate Wheat imjffovement, and the next six weeks at least cannot change Barley »ALBS. cent, The following are the present prices for Interest alUytoed Wheat for deposits by Barley Oats Batik miU. Oct. 24 3 " 31 Nov. 7- 4 5 5 •• U' •• 2l' 5 ' 28 5 3«<a -Is-K® At 7 Six FOmt Stock MonthaMonthB Months Banks. Three \ I -4 & -S«® —4 » -M9 4li?@4!<Cl4!i;nom|3«iuom iWHi^'i^^ — 4 ® iW'i — i4Mnom 4 nom i'.i&'Ki 1%^ — Um® — 3?sa - 3)i<a - SJi® - 3>i® -;3Ji3 -:8H® — '4)jriom'8Jinom 4^9 —'i nom 4Xnom 'JS® Wte IHsct Joint Fowr Bia Three Months' ManthsiMontht Call. to Davt. 2 8 2M 3« »H 3«|4 3 -8 -m 3«3« man-m 3H discount, and of 3 .cwt. 12,273.877 Annexed 1883. 5,582,400 3,104,312 527,250 887.854 1881. 1882. « a. a. 2r).462.010 Govcmm't Rieiiritief IS.Sl.i.'iTS 10,38 1.0.i7 21.3i7.ni4 14.98'.1,292 lS»,78v!.699 25.539,790 4,226,124 24.877.610 13.214,014 10,02(),.521 13,036,319 22,61?.380 11,009,299 10,798,913 22,100,609 20,721,309 20,588,703 Other 2'2.290,01'.! .-leeiu-itie.'i R««^e of notes A coin 4,0B2.288 22.109.491 22.942. lieii Coin and buliion iu hotli flepartinenta.. Proi>oi-t'ii of 111 liabilities 19,913,971 reserve B»iil( rate 3 p. c. lOO'.lifl .i Consols EnK. wheat, av. price Mid. Ulil'.md fotton No. 40 mnle twist 4134 4314 39-33 3G3i 5 p. o. li)0%x. d. p. o. 101% p. t 4d 40s. 5d. d. 511, fid. 5%l. 6T,id 96Kd. 9%a. lod. 10%1. Clearliiif-House ret'n. 90.129,000 90,836,000 .55 The Bank 1 ' rate of discount Kovtmher 27. 95,041,000 133,845.000 and open market now and chief Continental cities have been as follows: 1 rates at the for the previous three Xovember 20. Kovember weeks Novembi^r 13. 0, BilU9 Of Bank 0pm JtaU. Market ~^ Paris Berlin 4 Frankfort 4 m 4 3M 3 2J( 3 AmsLcrdum Brusse's «... Madrid St. Petersbnnt. Copenhacen SH Bank Open Bate. Market ~~3 4 351 «i 4« 4« 4 4 e 6 5 4 8 6 Open Market Sank BaU. Market 2M SH 4« 4 8 3 5 3,596,740 3,513,470 11,898,033 10,187,270 9,875,240 Total. 29,036,661 Av'ge price of £ngli»li 32,334,545 32,415,529 28,336,032 forsoason.iirs. 3l8. Id. 40s. lOd. wheat h( VislMo supply of wheat l)ush.3?,200,000 31,409.*^0 in the U. 8 AfloattoU. I K qrs. 3 SH *H SH 4 s« 4!< 4hi 4 H 4 4 a 4 > £10,0 ; from West Indies; toial, £lll),0;i0. Slver— From 50i4d , onr last week's ipiotatiou, the prices tell daily. Yesterclar. 19''s'1. was realized tor sonje parcels that ciitno to hand ; aud to day the amount by the West India sto.micr lias been Uxed at the York, and same rate The Britannic ha.s lirnnaht £22.000 Ironi the Nile £ 17.c OO front tlie West tiulles. The P. and O. steamer Ijas New taken £20,000 to Boiuliay. Mexie.in Dollais-Tlie dollars liy the French stoamer have at lenatli arrived, Imt with £-iO,iiOi) only tile greater part of them were ^-ciid at 49 5-lwi. per oz. but the demand not being Kood. the prieo fell away almost immediately to 49 3-Hd. The ttoyal Mail steamer ha/^ brougU • about £80,000 t<j-d».v, and this amount has been settled «t 49 l-ltjd. ; The quotations for bulUon are reported as follows: 4S8. '> . " 7d. Sl.lOO.OvO 2,483, jOO EiislloU Market Reports— Per Cable. The daily closing quotations for securities, &c., at London, and for breadstuiis and provisions at Liverpool, are reported by cable as follows for the week ending Dsc. 13 : Londrn. 3fon. Sat. ..d.\ 49=3 9933 per o? Consols for money Console for account Fr'ch rentes (in Paris) fr 79-20 II719 U. 8. 4is»of 1891 3 4d. 19.200.000 l,S8l,O0.'t 2,221,000 l,880,00lt SH 4 8 41.S. Baltic supplies not included. illver, other Imud, £22.000, reieived from Austiaila, have been sent £27,090 Ilie arrivals have lu-n £."'2,<;o from Cemnil .imorica : 402,873 7,319,8^7 2.699,231 12.273,877 piwluce 49 117 127 '4 I2714 4G5g Cunadisn PaolJIo CJilc. IMil. A St. Paul. K2»8 Srie, oounnon stooJc, 15 "a llllpois reptT-Hl.......,.* 123 Keadlnft 'ral..., Liverpool. Com, mix., old. .. • Jora. mix., new.. •' Pbrk, West. mess.. V bbl Baci'U. 'oiii; I'nar Sal. Mon. d. rf. 9 10 9 8 3 iO 99 "a I26's S91I18 79-20 116»8 lae's 46J4 791, 15 53 14 .-,:H4 11% 1 92J4 a. 10 » 6 11 6 9 9 8 : 37 o 0„.:- 3 116«8 d. 10 9 611 6 9 9 8 a 9 U% 14n» 121-« .'>3 >«, 53>fl 11=3 s90 Thvrt. d. t. d. 9 6 11 6 9 10 8 ». 10 Oil 9 88 9 8 O 9 O 7 9 9 6^ 6 7i« 5 5 &<<: 92 37 3 62 06 O 82 O 37 3 13: Tg 12.-) 464 77% 77-'* 11 '3 64 137 162 X 41 <.a ti |fl5 f«l 117>3 127 15«« li 5 "-J 7915 l>2»a Wed. rue*. t. 9J>4 09=9 7915 121 l'*2 » OH' Be- L»: 49 >4 79-* U-Jg J2214 lliti I Fri. 40>a 99»,« 9'>"l 81^4 :5»8 93% I rA«r». 46% »3Ts rionr (ex. State).] 00 lb. 10 9 7 Wheat, Nil. 1, wl). " " 8 10 SprlDcr, No. 2, n. 9 8 Winter. S.inth.n " 6 10 Winter, West., n " CaL, Ko. 1 ...,. ." " Cal., Wo. 2 Wed. 49 ig 99v,g 46 14 12 «. Tua. 4958 99 •'a 79-2> 110"^ I22's f3»8 5;i»8 Ph •'8 9939 9'J\ 79-20 U.S. 4»of 1907 tlie front jrellionrne 2.940.630 3,325,9^7 . Gold— The only inquiry for gold has heen for Esypf, and £10,000. sovereignly, liave'l)eeii t ihen from tiio Rank for transmission thither. iu. " 1.57,703 3,>.i In reference to the state of the bullion market during t^c past week, Messrs. Pixley & Abell report Ou 4,3-25,015 .Supplies of wheat andflour available for consumption iu twelve weeks, stocks Sept, 1 not beioK inuinded: 1882. 1881. 1884. 1883. rmportsof wheat. cwt.l3, 166,047 16,923,038 18.902.272 15.76 -.403 3,325,987 2,899,281 Imports of flour 3,598,740 3,il3,47a Sales of home-grown 8M SH e 5 2!i5,is9 • Indian corn.... Floor W 3 4 4 2H 8« 4 4 4 3. 4 Batik Bate. ..^... Beans 99ifl 4.js Id. 7.1 S2-I. . 408. 5 - 1882. 1883. 1881. -t 16,923,038 18,902,272 15.762.403-'l 3.610,798'^ 3.75], ><30 5,893.383 2,8S7,922-* 3,15i,073 2,202,452 271,981 547,268 297.887 1884. .owt. 13,166.047 21,814,290 «,313,812 23,633,475 1881. 9,875.240 a return showing the extent of the impoiia of Kingdom during the first tw el ve weeks of the season, the sales of home-grown produce, as well as its average price, compared with the previous season: Barley Oats Peas s, 20 9 is Wheat 1S84. ,. 48 r"* 34 10 „ 21 2 4 cereal produce into the United other 24,042.4.50 »,5!15,972 1881. <t. 41 35 1882. 10.187,270 1883. 11,898,033 1884. Wheat. items, compared with previous years: CSrculatlon PiiWio deposits Other deposits *. 40 9 33 9 19 11 Converting quarters of wheat into cwts., the total sales in the whole kingdom are estimated as follows: -2 l»t|2 3>4 U the present position of the Annexed is a return showing Bank of England, the Bank rate C9,920 1892. d. s. 7 32 32 19 perqr. 1883. d. s. ratet. 43-1,300 AVERAGE PRICES. money. 1881. Open nutrtet 1881. 570,881 587.727 622.892 57,773 8;3.707 1,0)7,811 186,103 1,210,380 133,074 Oats for the better. 849.7X0 qrs. 1882. 1883. 1881. O 7 5i« O 13.-1 O o -^'2 O 3 37 3 162 O o 6 iri3 , THE CHRONICLE. 674 — Imports and Exports for the Week. The imports of last week, compared with those of the preceding week, show a decrease in both drv goods and in general merchandise. The total imports were i!'6,603,640. against $7,271,79,^) the preceding week and .|G. 87 1.76.5 two weeks previons. The exports for the week ended Dec. 9 amounted to $9,450,330, against $5,273,368 last week and $0,463,881 two weeks previous. The following are the imports at New York for the week ending (for dry goods) Dec. 4 and for the week ending (for general merchandise) Dec. H: also totals since the beginning of the first week in January: FOREIGN IMPORTS AT KKW TOBK. Dry goods Total Since Jan. 1. Dry eoods $1,763,162 5,158,327 t:,207,10^ 5,786,535 Gsn'Imer'dlBe.. .f Gen'Imer'dige.. 1884. 1883. 1882. ISSl. For Week. $1,534,819 7,809.635 $1,148,001 5,45i.O30 116, 003,0 10 49,314,501 S6,921,439 $6,993,613i 105,401, 203 tl24,«3S,95l $115,989,133 $108,009,082 343,033,384 303,001,123 318,339,211 290,127,174 Total 49 weeks. .?413.405,32« $468,527,.335 $134,328,344 $303,136,250 In our report of the dry goods trade will be found the imports of dry goods for one week later. The following is a statement of the exports (exclusive of specie) from the port of New York to foreign ports for the week ending Dec. 9, 18S4, and from January 1 to date: EXPORTS PROM NEW YORK FOR THB WEEK. 1882 1881. For the week... Prev, reported. 1884, 1883. $4,911,998 $7,011,010 350,95i,337i 318,(93,465 *7,S78,SS0 327,425,810 $9,456,220 297,960.756 Total 49 weeks. *355,365,335 $325,704.-505 *335,304,72o'?307,41 6,07o The following at the port of since January 1888 and 1882: shows the exports and imports of specie for the week ending Deo. G, and 1884, and for the corresponding periods in table New York 1, EXPORTS AND IMPORTS OF SPECIE AT NEW TORS. Eiporls. lynptjrtt. Sold. Week. Great Britain France GemiaiiT Week. SitieeJan.X. Since Jan.! All other oouutrJes f26,48 1,370 4.352,321 1,CK0,120 3,888.014 7.60U 851,105 8,051 783,192 Tstal 1884. Total 18S3. Total 188^. $8,051 «39,C27,r,25 1.70 6931 33,837.454 $50 1,943 $22,19->,395 $653,400 «11,837,072 ^^'..560 19.254 188,745 $2,430 813 West ladies nexico Boatli Auierica 292,149 207, ':93 1.104 4,9;i7 211,061 254,160 14,3:S7.0:.6 3.663,221 bilr-er. Great Biiiaiu France Germany West Inilles Mexico South America All other ouon tries. . Total 1884. Total 1883. Total 1882. 40 590 6I,6U 11,04-; 1,040,459 211,117 72,301 83,902 9,91"; 1,H16.4.'.9 3,or. 269.117 61,520 $24,991 82.996 109.380 Ji74,C>4 $13,3 23,478 349,42il 14,338,161 215,112! 10,502.445 $3,349,793 5,748,428 2.925,125 Of the above imports for the week in 1884, f60,873 were American gold coin and $6,567 American silver coin. Of the exports during the same time, $8,051 were American gold coin. — Sub-Treasury. The following table shows the receipts and payments at the Sub-Treasury in this city, as well as the balances in the same, for each day of the past week U. S. Balances. Dale. Dec, " 6. 8. " ' " 9. 10. " 11. 12. Total... Payments. Receipts. $ 802.724 78 03 57 89 7,899,738 53 5,989.954 34 34 92 Currency. $ 950,129 10 1,074.006 92 932.520 16 921', 291 13 1,273,528 87 738,372 10 1,752,425 1,611,055 1,419.1^9 1,338,043 881,499 Coin. 125,655/^20 02 10.5S9,010 125,5iil,883 89 11,370,272 125.700.960 67 ll.80o.025 125.901,109 11 12,1,59 374 125.302,')12 11 12.232,930 125.021,593 50 l2,20i>,9J7 87 02 00 46 10 50 Oreg-on Sontliern Imjtrovement Co.— This company will shortly issue a circular oflferin.g 5! 400,000 of its per centbonds at 50 per ceat without any bonus of "stock. The price for the $700,000 of bonds originally sold was 85, but they carried a 100 per cent stock bonus. The company will fund the coupons on the entire $1,100,000 bonds for the two years in January, 1SS5. Philadelphia & ReaiUiig— Central of New Jersey.— The Jersey Caatral directors' committee, appointed to investigate Reading's claim for payment of batterments in Jersey Central stock or bonds, has decided not to allow the claim. This claim was for $300,000 betterments, which the committee thinks were expended under the terms of the lease, which Provided for the maintenance of the road in good condition, 'he balance of the claim is for .$1,,500, 000 payment made on car trusts. This claim the committee has not acted upon. Bochfster & Pittsburg.- A new reorganization scheme of the Rochester & Pittsburg Railroad, proposed by second mortgage bondholders, is substantially as follows: The company is Vol, I XXilX, to have $5,000,000 of common stock, $4,000,000 of first preferred and $3,000,000 of second preferred stock. Present stockholders will receive the common stock pro rata without assessment; $3,000,000 of the first preferred and $1,000,000 of the second preferred will be used to pay oflf the second mortgage bonds and the floating debt. Stockholders will be asked 10 subscribe for the remaining $1,000,000 of first prefen-ed anil the $2,000,000 of the second preferred stock. For each $100 subscribed the subscribers will rrceive one share of first preferred and two shares of second firefen-ed. — Texas & Paciflc. Mfssrs. John A. Wright, John N. Hutchinson, Isaac J, Wistar, Frank S. Bond and W. L. Du Bois, a committee of the bondholders of the Texas Pacific Railway Company, have issued an address to the bondholders, saying that they have liad a number of interviews with the ofiicergof the company, and the result of the negotiations has been the arrangement which is set out in the letter of the chairman of the committee to Mr. Gould and his answer tliereto. The committee believe that the arrangements thus made are the best that can be accomplished for the interests of the bondholders, and they therefore recommend the adoption of the plan by the bondholder^), and that they send in their coupons as they mature, and fund tliem according to the terms of tlie circular of July 20, 18S4, as modilied by the arrangements made by the & committee. Mr. Wnglifs letter to Mr. Gould contains the following as the essential parts of the plan agreed to: '•First. The present f iindina plan to lie modirted as to the middle division, giviaff the bondliolders who do not wish to fund their coupons payment of the same in cash; the coinpaiiy \i8imf the terminal bond.s as collateral for money borrowed for this purpose, and also to p.iy the Missouri Pacitlc for the past-Uuc coupons of the consolidated bonds paid by that company in .Tune last. Those last coupons, as well as the coupons on the same (consolidti'ed) mort;j;age. are to be deposited with the trustee of the new (terminal) moitsagc, to be held by the trustee for the sole purpose of pr»teetius the company (as they constitute a prior lien) against any pofsilile action that may ho taken by the income and land ^rant bondholders, in the several suits now pending, or of instituted asalust the Texas & Pacillc Railway Comother indebtedness to bo extinguished in the same others that may be pany, and manner. all "St^cond. The funding plan as to the bonds on the Rio Grande & New Orleans Division mortxagos to be caiTied out. But the coujions are to be funded one bv one as ihey mature, bo as not to impair the b-'nds and the coupons shall not be kept ali\'e after they are f aided, and will not be held l>y the trustee of the terminal bontls as security for tiie terminal This shall also apply to the boni'.s which may bo exchanged for them. coiipMis wLirh may be paid with the proceeds of terminal bonds. "Third. he terminal mortgage shall lie molirted by a supplt-mental mortgage or such other instriinnmt as your counsel, in consultatir.n with Mr. Bnliitt, may think proper for that purpose, so as to make cff,!ctive the iTjvisions of articles tl'St and second. "Fourth. Such papers shall also be executed as will relieve the bonds already etaiupcd from the effc -ts of such stamping, and place all the bonds on the same fontinj;; in the market. "Fifth. Ati arbitration *>f t>raotical railway exports shall examine into the lates pruvailiug between the Texas & Pacific and the other roads In the Southwebtcru system, and, if fonnd inoiuitable, the3' shall be coiI recte 1. "Sixth. The board of directors shall meet regnlarly onco a mouth, and the by-laws shall be amende.l. if necessary, to this end "Si-ventli. At the next annaal meeting of stockholders the followingnamed ueutle.iien to be el'Cted directors of the company: I.John <v. Wright; 2, Join Mitkne; 3. James P. Bc.ift; 4, Chas. O. Baird; 5, J lin C. Bullitt; 6. Isaac J. Wis'ar; 7, J. N. Hiitchi:ison; 8. William D. Wiusor: 9, Jay Gould; 10, R. S. Hayes; 11, Rus.-ell Sage; 12, T. T El kert: 13, (ieo. J. Gould: 14, F. L. Ames; 15, A. L. Hopkins; 10, John t". Brown; 17, Geo. B. Robeite. "It being mutually iinilerr-tood that, in the event of disability or failure from aoy cause of any of thee gentlemen above named to accept or sei ve.the vacancy so created shall be tilled by the committee or Mr. Jay Gould, or both, ns may be necessary to maiutain the constitution of the board of directors ns agreed; that is to say, eight members of the board nominated oy the committee, eight nominated b.v V.t. Jay Gould and the remaining one selected by their mutual agreement. .Some of the gentlemen now serving on the board have siguilled their intention and desire to withdraw; their names are for that reason omitted from the lists above given." The reply of Mr. Gould simply assented to Uie foregoing statements as being correct, and according to his understandiag of the agreement. — A chart exhibiting the crain movement for five years has been compiled by George W. More & Co., 13 Park Row, New York. The production, distribution and fluctuations in values of corn, wheat, oats, barley and rye are shown, various colors being employed to represent the product of each of the leading grain-producing States. Size 26x28 inches; price $5. —The Homestake Mining Company has increased its month- in all. The dividends paid have been 43 of 30 cents, 18 of 40 cents, 14 of 20 cents, and the present one of 25 cents, making 76 dividends to date, and a total payment of $2,593,750. The present dividend {for November) is payable on the 26th. ly dividend to'J5 cents per share, or $:} 1,250 — Auction Sales. The following, seldom or never sold at the Stock Exchange, were sold at auction this week bj' Messrs. Adrian H. MuUer & Son: Skare. Shares. 275 2d.\venue RK. Co.l73al73'a 110 :Jd Avenue I'.R. r:o.230»237 .500 Brooklyn CltyRR. Co....2l7>4 100 Manhattan Gaslight Co .269 100 Metropolitan Gaslight Co.230 llOifl 103 Harlem G isliglit Co 150 N. Y. Gaslight Co.153-«4 i*160 500 Alaska Commercial Co. ..145 100 Manhattan Gaslight Co. .261 2% So. & No. Alabama RR.Co. $11 lot 2 Clinton Hall Association. 47 14J»143>4 100 Pacific Bank 80 Oriental Bank... 1.39 's®140 50 Butcher*' and Drovers' 147 Nat'onal Bank 145>4 35 National Park Bank 100 National Btnk 40Tradesmeu's N<t. Bank.. 98ii 4,340 8warthmore C.illege... 513d $1 55 per share Soiids. $3,000 2d Av. RR. Co. 7s. due 106>4 1838 $20,000 Williamsburg Gaslight , ! Cj 107% Ists. 88 $1,695 Union Mutual Ins, Co,. sorlo $301ot $3,0J0 Shenandoah Val. RR. Co. Ists, 7s, due 100.) .. 95 $32,0 10 State of Nebra-ka 8a, 120i4andlut. due 1897 $1,000 Cltv of Montgomery,. 6G>« Ala., 48, due 1907 December THE CHRONICLE. 13, 1884.J Continental 4 80. @5 HMk$ Ptr Whtn OtiU. Payable. ( were: Francs, 5 243^(^5 2n and 8 31^ and 94;i@95; guilden, 8»Ji 40. The following were the rates of domestic exchange on New York at the under-mentioned cities to-dny: Savannah, buying The follnwinz dlrldendx havn reoently been anaoanoed Namt of Oompany. billfi 23;^; reichmarks, 0J?a^39J}i and OIVIDKNDS. 675 Dayi buying \i discount, selling \n dis<,'Ount (^ par; Charletiton 3-16@ '4 premium, selling par @ J^ discount Bfxiton \0<$\2% premium New Orleans, commercial, .50 discount bank, 100 premium; St. Louis. .50 premium; Chicago, 2*i discount. The posted rates of leadm^ bankers are as follows Olot»d. itictutivt.) ; Ballroada. Ccntnil of (jtMirxiii 3 , ClovcliiiKl & MaliontuK Valley .. Fllclibiiix LelilKli ValU'.v (iiiinr.) Mmiluit iin Kiev. I'lin-ol. (qnnr.).. Missimrl PacIK' (i|iiar.) Morrirt *t Ks.-^tiT N. Y. Cent. iV- Uud. Riv. (ijunr.).. York ^t Harlfiii PiillttdelKliia Wil. * Hiilt n% 27 $3 50 Now miMrellaiicous. Westcru Union Tilcjsrniili Dec. ; (qnnr.). 2 Deo. 10 to Ui'c. 21 to Jan. Inn. l.^ 1>4 .Iiin. 'J 1% .T.iii 2 Dec. ah mi 4 4 2'r)ec. Jho. IRlDoc. 'J JUD. m ijan. MEW YORK. KRIDAV. to J]ni. : 1 2 to to Jnn. '.(> Di'o. lU lo Jan. i Die. 16 to Jriii. .luu. 21 15 Dec. ; 1<! 21 to Jan. I Daembcr 1". 12. Day Demand, Prime banknre'st«rllng bllUon London.. Prime oommerolal 4R2 Dooumentaryoommerolal «7tf'4 4 80 «79% Paris (francs) 6 Aiust«nlam (KUHdnrs) 2t>l8 saiT* 40 Krankfort or Bremen (relohmarka) 1884-3 P. in. Coins. The following The Money Market and Financial Situation. The current sentiment in business circles has much to do, at any time, with coins Siverelgns $4 84 »$4 Nipoleons the course ot prices and the tendency of industrial activity. 3 85 « 3 X X Reicbmarks. 4 74 « 4 After a period of lieavy losses capitalists become unreason- XOullders 3 96 « 4 ably timid, and because they lost heavily on steel rails at $00 S <an'hUoiil>Uian8.15 55 al5 Mix. Doubloons. .18 55 «15 per ton, or on a certain issue of railroad bonds at 120, they are F ne silver bars .. 1 074^ 1 DEC. 8ixly 4U>« 9S>8 04^ fi. — — are quotations in gold for varioufl : afraid to touch the rails again at |28 or the bonds at 50. This is a reflection of the most general character, but it has quite a practical bearing on the present situation, as money is piled up and the owners ot buy in our banks in new enterprises or to it are afraid either to engage securities at their present low And yet the decline in the cost of materials, cost of living, and the scale of wages, has been such that there has prices. been no time since 1878 when new building operations, or im. provements to old works, could be undertaken as cheaply as at present. Floe gold bars.... Dim — 99\9 I — 99^9 par. — 92 9 — 94 — 84\ 9 — 8fi>s Do uneommerc'l. — '4'4» — 8.5 Peruvlimsoles.... — 77 a —ieO Engllsb silver 4 78 9 4 H4 U. 8. trade dollars— 81! 9—88 auver U» and >s«. Five francs Mezlcac dollar*.. U. 8. sllverdoUarH- 99^9 par. par — Unlteil States Bonds. Dealings in government bonds have been moderately active the past week, and prices have been nearly steady, closing at a slight reduction as compared with last Friday. The closing prices at the N. Y. Interest Periods. 4l«s,1891 4<«8, 1891 1907 48,1907 4i, The railroad is<b i« illmes. 87 H8 78 00 70 65 OS par(*i4prem Board have been as follows: Dec. nee. Dee. Dec. D«f. 0. 8. 9. 10. II. Dec. 12. H3\'113Slt •1138, 113%! 113^ •113!k '113N I2212 1221s '12214 •122% llSTf '113?» Q.-Mar. llS^'e coup. 4.-^Mar. 'llS's ..TOfc. 1137,. 122:11 .reK.|Q.-Jan. '122=11 ooap.lQ.^ao. 123% 1235fi 153 3^,; 1233j 123% 3s, option U.S., ..reg.Q.-Feb. 'lei's lom 'lOlij lOl^s'lOlii .reg f. 4 J. 12H I2« •126 6«, our'cf, '95. 126 1*120 6«, our'cy, '96.. ..Ten. J. 4 J. 128 128 •128 128 i'128 '131 6i,onr'oy, '97.. ..reg.iJ. & J. '131 131 131 1*131 6i,onr'cy, '98.. ..reg.; J. A J. '13-2 132 •132 132 *1.^2 6s,oar'cy. '99.. .reg. J. <k J. '133 H: 1331s '133»«' 133is'*133i3 123% -101 appearing from day to day, do not make a satisfactory *12« *127 •exhibit, but in this there is nothing new, as the facts were well *1'.'8 known some months ago. Nor is it to be supposed that the •129 *130 two months from October 1 to December 1 were good months * Tbla Is the price bid at the morning board; no tale was osaae. for railroad profits but from and after December 1, 1884, the railroad outlook ought to change for the better, and if the State and Railroad Bonds. State bonds were more accompanies do not now have more satisfactory returns from tive than of late, the sales embracing .§10,000 Georgia 73 gold their operations, it will probably be on account of the persist- at 1111^; iJl.OOO Missouri 6s, 1888, at 103^^: $1,000 do. 63, 1888, at 1071^; $30,000 North Carolina special tax at 3, and $5,000 ence of their managers in cutting rates, and thus throwing South Carolina non-fundable at 2I4. 4iway profits. Railroad bonds have been less active than last week and Rates for call loans during the week on stock and bond col- lower for the general list, in sympathy with stocks, though laterals have ranged at J^@3 per cent and to-day at 1@3 most of the better and higher-priced classes hold their own pretty well. Erie 2ds and West Shore 03 have, as usual, been percent. Prime commercial paper is quoted at 4>^@5>^ per most conspicuous for activity, the former declining and the cent. latter ruling comparatively steady. East Tennessee os and inThe Bank of England weekly statement on Thursday showed comes have also been active and declining. Erie 2ds close at 56I4, against 57J^ last Friday; West Shore 5s at 41'4, against a gain in specie of £633,000, and the percentage of reserve to 41^5; East Tennessee 5s at 49i^. against .52^5; do. incomes at 12, liabilities was 41 3-16, against 38 3-16 last week the dis- against Hl.i: Central of New Jersey consol. assented at 101, count rate remains at 5 per cent. The Bank of France lost against 102i'^; Fort Worth & Denver Ists at 02, against 63"^; Rome Watertown & Ogdensburg extended 5s at 725^, against 8,206,000 francs in gold and 1,244,000 francs in silver. The New York Clearing House banks, in their statement of 731^: Atlantic & Pacific incomes at 17, against IS'g; do. 1st mortgage. Western Division, at 79)^, against 80)^. Dec. 6, showed an increase in surplus reserve of $30,27.5, the Railroad and Miscellaneons Stocks.— The stock market surplus being $43,297,4.50, against $42,267,175, the previous has been tolerably active, and prices have declined all the week. week, with very few and unimportant re-actions. Lackawanna The following table shows the changes from the previous has been the most conspicuous stock, and has led the decline, week and a comparison with the two preceding years ia the selling to-day at 98 Jg, against 108 at the close on Friday last. The coal business is reported to be in a demoralized conaverages of the New York Clearing House banks. dition, in consequence of the action of Reading in desiring to cut loose from the combination, which, it is thought, might 18S4. 1883. 1882. Drr. C. Previous Week.\ Dec. 8. Dec. 9. reduce the prices of coal to such an extent as to seriously affect the earnings of the coal raining and carrying companies. Loans and dia P2S8.0m.80C fnc ..$2,530,200 ?327,866,100'$304,201,40J Bpecio 8«.4«4,ii00 Inc. 1,221.4)0; 57.825,100| 56.319,d03 All the other coal stocks have been weak, except Jersey Cen"" Ciroiilatlon ..' il.S87,200 Dec. .^6,200 l.";,412,40(| 18.333, l»n tral, which is strongly held on rumors of buying for the BaltiNet deposits.. 321).S7O,2O0 fnc. 4,04 4,9 JO 3]8.!»48.200 282.523,800 more & Ohio, or some other strong parties. Legal tenders.! 38,270.400 Dec. 179,900 20,582,700 19,414.600 The Vanderbilts have been very weak, especially Lake Shore, Lesral reserve S82,4(!7,5.'!0 fnc .$1,01 1,225 979,737,050| $70,630,950 and it was predicted among other bear rumors that the next Reserve held. 121,7(55,000 Inc. 1,011,^00 81.407.o00 75,731,200 dividend would be passed. The annual statement of the New Surplus $42,297,450 Inc. $30,275 $4,670.7501 $5,103,250 York Central, made public officially this week, was hardlyencouraging, notwithstanding the fact that a quarterly diviExchange. The sterling exchange market has been irreg- dend of t'^ per cent was declared. Several small failures have occurred, one in the citv and ular and at no time has the demand been active. Posted rates two in Syracuse, and although none of the firms had any were advanced %<:. on Monday, but they have been twice liabilities'of consequence on the .Stock Exchange, the bears reduced since, }^c. each time, the demand being very small made use of the news to force down prices. The situation in regard to the granger roads is also spoken and the supply of commercial bills rather increasing. To-day prices of cereals are so low as to suggest have been advanced again i^c. Recent of unfavorably, as the (Friday) rates the possibility of hostile granger legislation to compel the bond transactions in London are said to influence the price roads to reduce freight rates on grain. But as this is a mere of exchange here, as several loans have recently been made possibility of the future, it counts for little at the present time. by strong corixjrations. To-day, Friday, there was quite a break in prices, and the To-day the rates on actual business were as follows, viz.: market closed weak at about the lowest prices for the day. Bankers" 60 day? sterling, 4 81!4@4 8Ii<; demand, 48.5,14® This break seems to be caused mostly by bear pressure, 4 853;^. Cables, 4 86@4 86]^. Commercial bills were 4 79;^@ assisted by numerous extravagant rumors. are repoits for the year ending September 30, now which ! ' I ' ; — ; ' I — THE CHllONICLE. 676 NEW YOUK STOCK EXCHANGE PRICES FOR WEEK DEC. ENDINli Monday, Dec. Tuesday, Dec. ». y. Wednesday, Thursday, Dec. 10. Sales of the Week Friday, Dec. 12. Dec. 11. AND SINCE Vi, HIGHEST AND LOWEST PRICKS. Saturday, Doc. (). . i No. KapiAs Cert. CanadLtn Pacific Canada SoutbeiTj Ccdnr Falls & Miimesota Central of :^ew Jersey Ceutral Pacilic Cliosftj'eake 1)0 <fe Cliiea^o 11>4 •7 Istpref Mprfcf Do CblcasoBurliiiBton Chicago ililwaukoe 45 •10 34 Quiiicy. <S 11 S"ii •7 l'21i8 nil's 14 44% 40% 33=4 3334 •5% ti% 441-j 33'..j 4514 31% 31% 32 •1012 14 32 11'- 130 130 Allot! <fe 45^ 451a 1-. •534 Oliio - •10% 11 8'^ 111. "034 8 46 31 •10 4434 33% iig' 120' 70^8 78 45 31% 14 40% 34 11 8 _ 129 '8 119%l20ii 7538 773j 80 11% 79 . * St. Paul 108 '4 107i2l07i-.i >ioti%in7% 105 lOO") prcl. 107 Do H7i8 87'=( 85 84% 80% H7% % 85% 80 JSTorthwestcrn Chicago & 122% 124 I'ir. 125 123 122 123 prof. 124 Do 109 109% 110 111 Chicago Bock Island & Pacific Ill's 111'^ 110 111 •8 "8 •7 la 9 8'4 814 814 9 Chicago St. Louis & Pittsburg. •15 "13 17 17 pret. "lOJli nhi •lUHl 17 Do 25% ^8^4 2UI4 •MH 281a 27 27 Chicago St. Paul Minn. * Oni.. 00% 9014 80 !» 89=8 80 34 87=4 8U prcf. Do 34 34 *S3 3(j Cleveland Col, Cinn. & Ind 137 137 Cleveland & Pittsburg, guar. 10534 IOU34 102%10«38 Delaware Lac!<aw!nma & West 105^8 107 »4 ios'ii i06^ 9I4 •812 8 8% 8% il"2 8% '^hi Denver & Hlo Gr-inde " Duhu'nue it Sioux City 'iij'" 4">i 414 4% 43b 4% East Tennessee Va. & Ga Do <fe prof. 7»4 Tcrro Uauto & St. Paul 'ihi Harleju, pret Houston A- Texas Do 38 120 120 Illinois Central leased line 4 p.c Indiana BloomiugL'n & Weat'n Lake Erie & Western i,afee.Shore — LonjT Isliiisd Louisville & Nashville Louisville New.MUany it Chic. 34 Ola •41a •35 Central... 7% 71-2 •32 1.J ISh '14"a ««4 73t 034 195 195 110% 118 37 118 »119 120 •14 •10 15 12 10 10 20 21>5e 33' 45 32 8% % ilY)34 7434 '10434 73^(. 1,850 900 45% 40% 38% 34 123 123 122% 1221.. 1083i 109 H)834 109 7 7 '25% "26 80 80% ' 7% 7% 32 341, ioi% 10334 8:% 8% 58 20 333 32 4% 534 0= •30 07% 03% 04% 0% 20=4 0034 103' 98% 8% 81. 1438 10 12 04% 07% 03% 63% 203b ' 143b 10 04 % 03 % 24% 26 % " Istpref-- 1)0 coiiiniou. Do cuusol... Manhattan Beach Co Memphis & Cliiuleston Milwaukee L. Shore Do 71 72I4 Hj Do & pref, & Missouri Kansas Missouri Pacilic Mobile & Ohio 7034 Texas •12% 14 *12 *28 17'a a2 923^ •U y 14 30 17% 27-8 lU3g 27' 171 92% 92-'e '0 123 123 123 it Essex Kashv.ChattanoogaA St.Lonis KoWT^TH: Centi-al & Hudson. 'yoJi'Si'i MoniS New York C'Mo. & St. Lonis. pref. Do New York Lack. & Western. New York l.alve Erie & West. pref. Dp New York New Engl.and New York New Haven it Hart. New York Ontailo :c Western. New York Susq. oi Western pref. Do ^ Norfolk * Western . . -S'a 80 ti 14^4 ay's lo'8 20 29 >a 9 1233i •12 28 13 28 17 1034 92% 92% •7 9 124 S7 124 37 89 5% J>% 8 8 '87 8U 14% I5I4 27 2- 803, «% Do pref 1,035 Miss;ssii)pi... 8U 14% 11% Ijvansville.. ,t Philadelphia & Reading..Pittshurg Ft. Waviie *, Oiic... Rich. & AUeg., st'fc trust ctfa.. Richiuond Richtnond it I ifc W'tP't Tcraiinal Rocjiestcr it Pittsburg & 120 San St.'Paul Mlnneap.. Texas it Pacilic Union Pacific -' it * louis Manitoba Paciflo. T>e lais; AmerlVan * 9 «7 9 20 20 173 Id's 10^4 18 18% 2 17=8 19 1312 •13 14 'JJij! 23 IS^s 10^4 13 \ 13 •13 14% 23 22-->4 12u .120 534 Doc. 1" Oct. 2 30 - - 2l8 2% 33» ^ 221.2 421 87 •21"" 41 .101.; y% 9% "12 34 "13' •1.1% 14 •22 23 123 125 81>!l I314 13-% 50 BO", 493,1 6i.. -6% •1208 39 it 83 13 87% 8S% 14% 14 28 28% 92 •0 "7 9 9 •X118 120% 30 30 87% 88% 534 *7 •80 14% •26 500 485 8% 300 1G% 10% 6,323 9,300 110%119% i.iiis •33% 39 87 i% 5% •7 80O 88 'i 133,135 % 205 100 123 3 8% 88 14-'8 28 10 1334 •20 9 173 12 14% 21 IO-Ib 17% 39% 4038 1% 19 1', 19 12% 13 13% 13% 21 22% liO 19% 19% 10' IS", 39% 393, I'B ISaj l''! IS34 12 1234 21% 20% 20% •16% 17 39% 40 !•% ^13,. 21% 20 12% 1238 1238 13 22 >6 12 22 12% 120 22 127 1-27 '39 81% 1 o-j 5% •2 ;8S: 22 41 85. '73'" "73' 82% 82% 12% 12% 4!)% 50% •3 •70 21 •40 •63 •2 8 8% 83 80 *33 108 Co INACTIVE fiTOCKS. Topeka it 84% 111 5338 5414 65% 41 84 *40 8% 14 21 21 33 \ 84 '94 04 108 823, 12% 82% 47 'a 3038 80 20 42 84 83 12 83 12% 4738 483^ •5 %. - 82% 82% 12% ia% 4734 49 •5I4.... 13% 13% 13% •12%.... 53 53 63% -1% 4 8% 8% 82% 8334 82% 85 5234 63 "•s 53% "<)" 81% 84 3U0 100 . _8^j 1,9 11,492 92,195 400 20U 329 600 11,798 100 6234 53% •132 95 93 90 (54% S4% *52 109% 109%, 108 90 53 108 132 90 132 90 2U 52% .53% 107% lOS 17,4 17 2,137 «0% 61% 114,060 132 93 132 90 ill) lOJ 110 ConaoltlatiimCoal Homo-t ke.Minin" Co 1934 : •115 330 •91 116 •91 130 •115 •91 .... '115 130 13 ..al Uahig iiiase arc the prices bid and asked : Jnue27 Juno 20 7 uly Dec. 1 .1 1 June 26 June 27 71 Mar. June 24 17%Aiir. 5 3 4 July 7 184 1 June 27 212 Oct. 9 no sale was mads at the Board. May 16% Jan. 6 7 Fob. 28 Not. 23 42 Feb. 15 14 June27 27 Jan. 7 37%.luno27 67%Jan. 7 % Dec. 14% May 1 1 B Juuel2 14 Aug. 8 834 4% Sept. 3 25% Mar. 17 1134 Oct. 24 - 7 Mar. 22 6%Jauo20 34% Jan. 84% 58 80 '4 40% 58% 68 12% 30% 32 78 77 10 35 35 95% 100% 18 48% 16-% 3034 33 68% 34% 191-; 7 Ang.2n 20% 40% 72 17% 109 83 52% 183 15% 29% 47, 14 10 32 8% 2134 18 49 3« 23% 53% 493, 2 90% 21 7 19 a6'4 1434 14% 32 29% 89 12 23 - Feb. 23 46% 61% Apr. 14 123% 138 Jan. 21 Feb. 14 Feb. 15 Feb. 4 4 47 Mar. 21 Mar. 17 21 14 lo 35 Feb. 80 5 ^1" 39 23 34 85 lOS 11% Jun620 29% Aug. 22j 20% 36% 5ii% 24% June 30 50 Mar. 18' 40 70 May 15 06% Al)r. 10 87 100% lo June 30 3234 Jan 9 33 40% 65 July 90 1 Jan. 26 70% Oct. 20 99 Jan. 5% Jun627 22% Fob. 2S June 30 84% Feb. 4 9 49 June 27 7 11 16 1934 Ian. 7 32 Jan. 6 May 20 May 16 61% Jan. 8 1 Oct. 17 12734 Apr. Hi 7 June 27 17% Mar. 17 81% Dec. 12 114 Feb. 11 10 May 16 17% Jan. 10 • 834 7 170 Feb. June 28 03% Jan. S 7 90 94 97a« 169% 17% 43 70% 10434 86% 16 29% 5? 69% 57 118% 140% 14 39% 102% 112% -.4 15 55 53 90 28 25 126 91% 150 603i,rune26 112 J.xn. 28 31 -May 16 5634 Jtar. 17 4i34 80 May 21 117 Jan. 7 112 'i 134 334 June80 6% Feb. 11 5 9% 20 June 20 31 Nov. 29 .SO 46% 49 May 14 78% Feu. 16 713. 88% July 15 137Juiie2l 102 M«y 17 May 26 113 Apr. 24I 126% 136 Mill-. 21; Feb. 8^; 13, [113 9S% 128 June 2:1 SOSjJan. 7 78% S4 June 18 IM Feb. 16 140 150 Apr. 12 145 Dec. 24 Mar. 4 138 Oct. 6 18 June 24 June 131 Jan. 90 90 112% 181 139% 146% 24 22% 27% 1 May Jnue inc. 13 18 1 1.(0 80 146% Apr. 11 90% Nov. 22 03 IS 148 17% 33% 18 33% 9234 114% 106'g 86 10 19% 127 Jan. 20 120 129% 58 Mar. 14 60 ij 64% 122 Mar. 13 111% 129% 10% Feb. 15 7 15% 2034 Feh. 14 133< 35 94% Apr. 12 83 3i 89% 8%Nov.23 18% Feb. 16 Jan. 29 12% Nov. 3 13 !1 4 10 17 9 •91 10% 82% 12 ll%June27 28% J an. 115 45 138 "46" "40' 50 124 77 23 75 63 19% 130 45 38 62 142 137 115 111, 65 Aug. 21 70 Aug. 22 24 Mar. 18 23 June 27 40 Jan. 11 30 85 June 103 Apr. 15 6184 June 27 94% Mar. 4 10 Feb. 11 10 Jan. 7 31 Oct. 22 44 Apr. 10 7 % June 23 18% J an. 7 17 Juno21 36% Fob. 11 23 Jan. .4llff.20 9i 1934 130 77 90 <4» *i68 61% 92 4% 11% 211. 63% 213 120 213 87 Santa Fe.. Vork Elevated Ohio & Mississippi, pref Rensselaer it Saratoga Sooth Carolina UQllroad. Te:^as <t Nc'.v Or eaus Virginia Midland Canton Co 93% 122% Jan. Alton, pref New 2 7 June 20 173, 2034 Nov. 1 00% 241 119% Dec. 1 135 200 2% May 24 6 100 82 July 8 61 100 12 June 26 82 1,020 1% J uly 24 16% 100 14 Oct. 18 24 18 Juua27 50 70 July 3 98 100 63% 51% 35% 128 1153, 9134 11- SO 83 1;220 9,880 "i72 la's 'ISa 90 84 108 W • 27 2334 7 6 8 958 4,000 26U 200 10,100 1, '78" "78 1101411014 109% 109% 108 109% 107% 108 -4% 6 '4 •4 6 •30 •30 34 •30 34 31 61 02% 00% 01*4 00% 01% 00% 6i>-'4 131% 90 55 110 20 •40 4 83 14 33 •20% 21 Si-j 71% 71% 5414 21 42% "i85 . -12-18 4 22 83% Nov. 2,323 4,227 86,481 3% 80 li\ Apr. 116 30 iiOO 20% 88 Aug- 28 307 20 193 , 8 150 175 270 7 12 Jan. Jan. Jan! Dec. 35 67 9%June27 23% Jan. 5 63% May 20 100 June 21 6% June 20 1334 Mar. 2 4 37,090 28 10 176 11 • 41 •12 "8 "es" Joliet it Chiciigo Lonii-i nait .Mo. Kiver * 8 92 Mar. 4 Nov. •, •21 •70 •21 54 9« United States... Ojil; 124" 'as" 90% 27% 27% l(i% 10% 92% 61 13 23 30 38 ... 14 92 6 7 May 24 78% Mar. 15 22%Juue24 51% Mar. 4 42 .. Mar. Jan. Jan. 62 5,934 50% 50% •?%.-. 3:% 22i< •23 ' 8a'! S3 '131 American New(v,.:. 124" 1< •PS 8434 86 48% 65% 47% 713, 10 17% 68% 90 Nov. 14 Jan. 4 Fob. 13 .lune 23 140 July 8 86 Julie 21 20% 6%Juue27 1934 63% Dec. 11 10434 120 10,090 18 •21 2d 83 •6 7 »30 34 02 '8 B2S4 Adams it 30 17 92% 92 93 14% 51 110 70 9 160,100 70 Feb. 15 Feb. 16 j!in. 7 Feb. S 8% Dee- 3 Mar. 10 8% Nov. 1, 183 000 !"a%!"'ii<.j 18 51 111 Pnlhiian Palace Car Co Quicksilver Mining Do pre/ Western Union Telegraph... , •12% 13% •12 •28 lO^i 69 82 Jnne26 51 "400 13% 13% ,19 ( Pacific Mail Chicago 17% 17% -1% & Nav. Co Oregon Kallwav Atflhlson 32 \NE0i;.4. Cable 'o Bankers' <S Merchants' Tel.... Colorado Coal <t Iron Delaware it Hudson Canal Mutual Union Telegraph New York it Texas i^and Co .. Oregon Ijuprovcinent Co Wells. F.irgo 32 93 •12% 13 393b -5 'a pveftil,!, Tel. Oct. 25 14 3% May 20 i,;;98 2334 135 137% 127=4 f'eb. 129% 04% Jan. 3 103% 119 leb. 16 122% 124 Feb. 12 115% 140% 149% Feb. 12 134 157 13634 Feb. 11 116% 127% 13%J,in. 5 10% 22 "ibo 185 2% 19% 20 St.PKUl* DuluOl Do pref Walwsh Bt •1134. 2 'a 17=8 173< 39=8 41 2 TO aref. '•M'^ Il'ancisCo. ... *41 .pref l8t VTot Cal. ' Do Do June23 140% 7 6 16 6%Juue2R 25% Jan. 0,0'i3 'an villc Do / 234 41'; l^i Rome Watcrtown .t Ogdonsh & Terro Haute Louis 2 134 StiLouis Alton at. J 16^ Trans-Continental... it Decatur Peori.1 13 Ill's Ohio Southern Oregon Short Lino Oregon Jan. Feb. 52 4,210 100 50% 50% 0% •87 70% ISO 234 •7 40;'.i Ohio Central OMo & 12^4 191a 1734 prol Do •1214 . Northern Pacific 67 10 180 ...i. 30% •7 •734 <fr . 71% 10% 10% 71 •93 •92 .. West'n Lonis St. 70% 50% 66% 66' prof, Minneariolis 72% 7118 '94 •82 6ti% & 17 10 40 ,. Metropolitan Elevated Michigan Ceutnil 17 127 78 75 83 35 Jan. 11 5734 88% Aug. 20 30 65 8034J,uio27 100 Aug. 20 91 113% 700 28 June 27 69% Mar. 14 54 84 14 125%June24 141 Apr. 1 124% 142 152,980 90% May 26 133%M;ir. 1 111% 181% 0% 2434 Jan. 18 Jan. 11 0734 Jan. 10 IS Jan. 2 Fob. 11 Sept.2., 210 "dih "03 •03% 03 .'50 21%Juue2ll 4,110 4% 118% 118% •119 Jan. For Foil Year 1883 Low. High 28 10% Nov. 18 Manhattan Elevated Do June 27 3% 14% 14% 20 6 410 118 6",505 321. 1884. 9% June '20 9,H03 107 Juno2" 367,912 58% June 2. 1,333 95% June 27 150,473 81% June2" l,2.i8 117 June2 4,018 100% June 2 58 3% 12 90 420 ' 23 % 20 80% 80% ' May 22 Oct. 1:5 .lune 80 6% Nov. 73% 73% 103% 106 100 84% 85" 84% 83% 135 30 8 -7 ii9" ii9'% 1, 1884. Highest July 39% lifiTA 4,081 0'. 1, 80%Mar..», 90 Aug. 19 50 Jnn628 80 J .an. lu 39 .lune 58%Jan. 18 2434 June-. 57% Fob. 11 100 u "i(j 11% 11% (50 "b 08% 48 33-18 iVsi 7% •4 •36" 15 43=8 45 •31 32 '4 11834 80 27% 21)34 7% 32 45 ij 31 •6 ' Evansville 45 SI •334 •5% 10% 10% 10 •5%. 0% 11 •7 129 's 12913130 119 121 TH-Js Green Bay Winona Lowest. 126 44=8 45 '30 33 •10 "2 14 45-% 40=4 34 33 JAN. Range Since Jan. (Shaies). KAII.ROAHS. .Alljatiy & Susqncliaiina Boston & N Y. Air-Lino, pref. Bnrlinston XXXIX, [Vol. .J uly 29 21 Slay 0' Feb. 11 .Ian. 24 it)" 13S 2.T34 los 21)1) 89% Nov. 28 40 N0V.2II no so 150 18 June 111 23 .luu. 291 2-1 8 5 14 Mar. 23 Nov. IS 11 264 Feb. 19 Jan. 4; 8 Jan. 31] 9 Jau. 29 18 Feb. 191 2B0 37% 10 Miiy 10 10% 29% 26,1 19 14 83% 380 (li \ December 13, THE CHRONICLE. 1884.] AND RAILROAD BONDS. (QUOTATIONS OF STATE «77 DECEHBER 13. ISSt. STATE BONOS. 8E0CRITIB8. 8KCOBITIK8. Alk. BXA. riitbiKn»-ClU8 a; 1008. OlMs H,b». IflOtt CIMS 0. ««. 1006 10 UR 10 ArkftimiiH Cent. HR. New 6«, Y<iik-«», ISIU HIMi ii " ' ; 10 "1 1S(!!)J o'mp^lMlsTa.fla^iVs 4 85 Vtritltila^K. old 6», neir,l866 6m, roiiHiil. bOlldH coupon 6>. Bb. 2 ^ 6a, ut»*. 18 U 106 "» 108 Team* Bid. Ten ne«Me«~<.'on tl n omI — 3 8J>a 1910 Ohlo-6», 1886 Houth CAroItna— ax. Art Miir. M. 106 112 116 lottii, 8a, loan, 180a N. C'sroIli>»-6«, oM, J. A J. Puudlniraot, 1000 114 >9 6«, no Jo., '86. rog., 1887 .St. 6», loaii, IS'ta :i 101 105 111 A Raniiiliul 10 10 OsorKia~«», 1886 7».1886 7», golil, 1800 Bpoolal tax, all claasM.. T)o WII.C.&Rn.R. Consol. in, 1910 ' •i ah. 7ii, I 105 aKOOKITIBS. Ask. Bid. N. OaroItn»—Contlnnod— New bonds, J.M., 'KMI 63 Kx-nuitared ennpon.... Missouri-en, IHSft loav 6a, dne 1880 or 1890.... 110 Asyl'm or Univ.. ilu»'02 110 FumlluK. 1804.05 115 lOO 8*, 10.aOi). 1900 ArkftBHaH— 6h, (itnded Kt.M, l8«. 7», I.. Uock 7a, Mftiip.A I..Hm'k 7s, L. R.f'.H.A N.O. IIU 7b, MIhh. O. U. HR. A BSO0BITI1 Ask, Bid. I,oiil«lBii»-7s, saiu.,1014 'iriea. ... Dliitrii:i,(.r 107 11 Columbia— i 112 112 110 3.65H, 1024 ReKlntered FuniUiiK 8a, 1899 ,rjt*«. .>-.,/.*.. ... HAIIiHOAD BONDS. S^OURITIEB. SECURITIES. Bid. SECURITIES. Bid. A W.-CootlnM- BKCUniTIES. Ask, Bid. Bid. 'Agk. 88 Manhat,»'cliCo.— 7e,190fll* Penn. Hit. ontlnno(l— 138 II N.Y.,« Jf.B'h- l8t.78.'07l Knilrotul Bonds. Plti .|11» MorrlaA Essex— lat, 78 1 at, fl.,7s 114 1151a ;Metropollt'n El.— lst,1908 109 :109>a (stock fe'rc/i'intw I'ri'f».) •2d, 7b, 1891 1'.; •( reK.,7» tf3>a 94 A|«.fL>iirri\-l8t,tis. lOlS Itomla, 78, 1000 •2d,(>s. I«U9 120 ...... iMex. Cent.— let, 7s, 191 1. AUeg'ytea; lat,0.i.m2'J pf. 7aof lri71, 1001 124 !125 I'.l'JO, 1122 !121 jMlcb.Ceut.Atch.T.A H.Fo—) hx. l8t,ix>n8ol., guar., 78.. MIch.Ceut.- Cone.7a, 1902 10-3 ",i..... 5a, BlukliiKtuml, Us, lull... N.V.Lack..ttW.-lst,03 119iel'20 " Conaol. 1902. 97^< 7»>. '79'i! loualnictioTi,58, 1923 CliiAtl. A l'ac.-l»t,Ga, I'.UO. cms.s.M. IJJV IIJ 'lOaia' 78,*I13 4th,s.rd.,>ls,l.'<92 l)alt.&0.— lat.Ua, Prk.Ur.' Del.A Hud. Canal— let, 1031 113 "..«, 1931.... 100^ 8t.l,.V.AT.If.-lat,8.,7a* l!nr.C.Ilaii.AKo.-l»U J9 l"i^i iciX l8t>oxt., 78, 1.S91. ^Sag._08.'91. 106 Ciins,>;.. l.st, 5,-«, liKli..., "B7 Coupon, 78, IH'.U 2.1,78, 1898 .......I 06 86 U..;isUMCil 2(1, guar., 7a, 1898....' |MU\v. A Ko.-lst, Ca, 1910 ;.-,.. ReglatcrBd, 7s, 1«04 .... 117 •85 131 05 , ,,Pltt8.B.*B.— lBt.68. 1911 ;--;"| MInu.itst.I..— l»t,7B,Ka.; iao" lat, 6», 1884-1913 l8t^Pa.DiT.,op.,7.s,1917 130 .„ , '131 100|4l00'a .BomeW.AOr -laf.7s.'91 105 .i.. lat. Pa. Div., reg., 1917.! ,MII. L.S. A VV.-l 8t,tl», 1 92 la. City .t Weat.- l»t,7» 1 Minn.&st.L.-lat.78,1927j 115ia Con., 1st Alb. A. Susq,— lat, 78 ... 110<a C.Rar. 1 F.A N.— lat, 68 ox lOS'^lOSHl Rocli.A Pi 1st, .'>s, 19'Jl 2d, 7a. IhA,-,.....' IowaKxt,.-16t.78, 1009 108 1'lOO lBt,e,,)iis., Kuar.7a,190al Cous(d., Bnff. N. Y. A P.-Coiis., 68, 2d, 7s, 1.891 n2ia \!'. 113 Rirh..'tioueral, oi*, 1024 Regi.stere.l S'Oiw.ExU-l3t.7s,1910| '••,-i;llzis 98 U 'i(Sjg'.,«« Can. So.— Itit, lut. Buar. 5s, 98 lat, cona., gu., 6a, 1900 * Pac. Kxt.-lst, 68, 1021.1 1021a 1031a Rich '^yj* 'ji\ *7aHi 75 71 I)i' ad, 68, 1913 Registered. Mo.K.A r.-O«n'l,08,192O 60 5511 5S'b! 11113 All. Res., Reus. A Sar— lat, cp.,7s 130V Oeueral, 5s, I9'20 •.t.,78,'97 log ..41101 104 "j 105 *08 |'130V Central Iowa— Ist, 7.11, '90| Ini.-i.'iic Isl, reg., 7s, 1921 Cone. 7s, 1904-5.6 moo EftHt. Div.-lst, (is, 1912] Denv.ARloar.— lst,1900; ••.--•- 85 Cona. 2(1, inco(ue, 1911.. .„.,,, cons., 7s, •.--•.(..»».. ;"" Scioto Val.—-lat, l.!i>i 48 III. Div.-lHt.Us, l;(I2..! ...... 45 II.ACent.5Io.-lat, '90 ibaii let, conaol., 78, 1010... St. L. A Iron .nMt.-lBt,7s Mt. .04 89 Char. Col. A AuR.— 1st, 7a Mobtlo A OIilo— New (is.. 100 ... Den.So.Pk.A Pac- lat, 78 2d.7a,1897 " CbeaaiM.;iki- * 01]ii>— Collatcr'l tniRt, (!s, 1892 Don.A Rio(i.Wcat.-l8t,(;8; SB's 3834 Arkansas Rr'ch— lat, * 113 54 l*ur. inouoy fiunl,l.*^93. Ist. K.Mciision. 6s, l'.i27 [Det.Maek.AJfarq.— lat,«8 Cairo A Fulton— lat. 1105 Morgan's f.a.,*. T.— iHt, tie 6b. Kohl, ac-rlea A, l'.>08 . 104 Cairo Ark. >t T.— 1 st, Land grant, 3*28, S.A... 76 >a 77 (is, gold, sines B, 1908 Nash.Cliat.A St.L.— l8t,78. 118>4 120 E.T.Va.AOa.-lat,78,1900 112 Ocn'lr'y AI.gr., Ss.lHiil -•-•iWa 2Hi» 50 '2(1,68, 1901 St.L.Allon AT.H.— lat,7« 11* 68, current'?, 1918 lat, cons., 58, 1930 49't 04^ Dlvlaional 58, 1 930 1"8 MortpaK^ija, 1011 N. Y. (Jontral-es. 1887...! 136 93 2d, pn r..7». 1894 i*102=4 103 '4 100 Che8.0..Vf5.\V.— M.j.iia... 2(1, lf!94 Peb. cons., ext'd 5s Elfct.C.AN.— S.f.,deb.,c.,6a ..... CWcaKO.t .Wton— 1st. 7a. lai K.Y.C.A !!.— let,cp.,78! 132 133V B"i lat, C.s, 19'20 -1st, 8» „,^ 131ia .... 1120 SlukiuK (and, Gs, 1003. 83 lat, reg., 1903 Stl'.' EUz.Lex.ABIg.sandj-— 68 82 ...-l8t,7a loev...,. 100 'n^-125 1021a 103 La. A Mo. Uiv.— l8t,78. iio' Deb. is, 1904 •2d, 1;:.. ,;<... Erle-l8t, extended. 7s...' 121 •-•-; tIMia 107 109 Registered 2d, "a. I'.XK) / Dakota Ext.- 63. 1910.. 100 »i6«i; '2d. extended, .-.8, 10 19.. -^ 1031.aiol joa"*! Bt.L.Jack.A CMc.-lst "llO Hud.Rlv.-78,2d,e.f.,'85 HH lat, c(»naol., Ga, 1933 3d, extended, 1 Vs, 1923 101 110 l8t.Kuar.(.')61),78, •94'llti'a. Harleni-l3t,78iCoup...l 127 1st. cons., Os, reg., 1933. --..-.I.—... 4tli, oxtouded, 5a, 1920.! 104 1, 1-"^ 125 100 2d, (.iliO), Ta, 1898 5th, 73, 1888 l8t, 7s reg.. 1900 "I'-Z, ;•.-, Min'a Un.-lat,8s. la'22 W8 |...... 2d, Kuar. (188). 7s, '98 -- -• N.Y. Elev'd-lat, 7a, 1906 HOV 121 .St.P.Alml.— l8t,5s, 1931 100 1.,..-. l8t, cona., gold, 7e, 1020' 118 119 Mtss.tt.Ur'Ke— 1st. s.f.es' li^^'it N.Y.P. A O.-Rr.l'n, (is, '95 -let, cons.. Id coup., 7a. -("114 So. Cur. R'y— iBt, Ba, 10'20 ' • C.B.* Q.-Consol.78, 19031 131 182 Roorg,, 1st lien, bVlOOS N.Y.C.A N.— Oeu.,G8,1910| .321a 35 '2d, Os, 1931 32 35 llSbenanil'liV.-let,78,1909! 6a. sinking fund, llWl.. Trust Co. receipts Long liockb'niia, Ts, '93! lOOi^'.--,-" » 1'20 0<T1 07^ 1131 1031a 58, debentures. 1913 BHir..V.Y.&E.-l3t,101«i N.Y.&. N. Engl'd-lat, 7a Ocnoral, Cs, 1921 97 la. l)lv.-s. fil., OB, 1919' 105 N.Y.L.E.&W.-.N6W2d« •'o7'a' 68 lat, Ca, 1903 „. 03'Qi Tex.Cen.-lst,s.f..7s.l909 0434 95le Slnklucfuml, 48, 1919;»7 N.Y.O.*St.r..-lat,Ga,1921 latniort., 7s, 1911 follafl trust.«s,19'22.l 50 Denver 5lv.-48, 1922.. '90i4 •2(1. Ga, ly23 Tol. Del. ABnrl.— Maln.ds Bntr..feS.W.-5r.,68,1908l .. Plain 4a, 1921 N.Y.W.Sh.A BufT.—Cp.,68 4118 41ii ET.,tT.ir.—l8t, cons., 691 98 1st, liavt. Uiv., 6.S, 1910 C.R.I.&P.-lis.cp., 1917.1 lii7 130 Registered. 58, 1931.... •40 Mt.Vern'n— lst,08,1923! 1 st, Ter'l trust, 8s, 1910 *12« ...... 6e,rpg., 1917 Si>.-lst,«s, 1924; Fargo ;,Tex.A N. O.— 1st, 78, 1905 K.Y.Sus(l.AWC8t.-l8t,6s Keok.A DesM.— lat, Bai loaij Debenture, 08,1897 Fl't&P.Marn.— M.08,19'20; 1131a llS's Sabine Div.-lBt,G8,1912, 'lOCj82 81 Central of N. J.— lat, l.Slln 113 113'a cial.irar.AS.Ant.-l8t,68 MI(lLind()fN.J.-l8t, 69 V-t .Mid.— Jf. Inc., Gs, 1!I27 102ia| l8tconsol.artsented,lS90] JOl^ N.Y.N-H-.tH.— lat.rg..4s 106 112 Wab.StL.APac— Oen'l I'a 36 2d,78,190S '4 •02 7-i lOHj Conv..fta.suuted, 7a, lSil>2 101 West. Uiv.— lat, 5a. 'Nevada Central— Ist, Ga.. Chic. Div.— .59, 1910 102"« 1«4 ,1 ,1031* A-Uuatuiont. Ta, 1903 '''i'' ' "*• "P-t'S 103 Hav. DiT.—6a, 1910 2d,(i8. 1931 • i^-P""^--'' on*Conv. debent. Cs, 1908.. "hO ,80 Registered, Gs. 1921... .1 Or'nBavW.A.St.P.— l8t,68 Tol.P..tW.— l8t, 78,1017i 82 94 68 Leli.>tW.l!.— Con.t-'(l,;is. pi's OuHCo1.AS.Fo-78, 1909 113 113-4!!N.O. Pac— l8t.G8,g.. 1920I 58 Iowa Div.— Oa, 1021 Am. I)'k& Imp.— .58,1021 86 85 Norf.&W.-Gen'l,(is,1931| 90 100 Ind'po'.ia Dl%'.— Gs, 1921 •2d, G,s. 1923.. ;™,';," Chlc.MU. <t St. Paul— TO' NewRlver-l8t,G8,1932 -----i Detroit Div.— 68, 1921 ... Hann.ASt.Jos.-88,conv.' 103>e lOb-is 130 114 liSia OWoAMiss.-Consol.s.fd. 118='4l let,8a, P. 1) t^onsol. Ga, 1911 Cairo Div.— 5a, 1931 ... 1191a 1'23 2d. 7 3.1(1, P.P., 1898 Houston A Texas Cent.— Conaolidated 7.s, 1898... 118ij'l'-'0 WabasIi-JIort. 7s, 1909, 70 I'ya'; Ist, 7a, $ K.. H.D., 1002. 12«l.j' 2d consolidated 7s. 1911' Tol.AW.-lsi.ext., 78 104 ...... lat, M. L., 7s, 1891 101 90 la 106 let, LaC. I)lv., Ta, l.«93. 1171a 120 lat, Spriuglleld Div., 7a lat, St. L. Div.. 7s, '8'J Ist, Western Div.. 78... 105^100 HO 06 n9vi2o 57 98 ist, I. & M., 7a, 1S97 .. Ohio Central- l8t,«s,U)20i 55 8d. ext.. 7», 1893 lat, Waco A No., 73 • '•'.. -a, '83. •30 I...... 118 60 lat, I. .fc ft., 7a, 1899... E.I' let, Temi'l TT., Ga, 19201 •5',J 2d, consol., ni.iineline,8a' HI 128 81 let, O. & M., 78. 1003.. '-;,•;-• C'i. Ts, 1907 2(1, Waco A .Xo., 88,19151 Ut, Min'l Uiv., Gs, 1921] Siia 81 loa-a Consol.Ts, U)0.'> 1211a 123 ,94 t. 7s,'88 Ollio So.— Ist, Gs,1921 .... General, «m, U)21 Gl lOiJ 96 97 181,78, I.AU.Ext..l908 I'JuHi Hou8t.E.AW.Tex.-l8t,7s * Oreg'nA (31.-181,(18,1921 lBt,H.\v. iMv., cs, Inoo. 110 Or,ATranac'l-Ga,'82.19'22| 68 Q.A l.il.-l.^!,7.s, isno, 80 2d,B8, 1913 GHia l8t,5s. l.aC..fel)av.,1919 '9U :Man.>& Naples- 1 .st, 78, Oregon Imp. Co.— Ist, „., Ga 111. Cen.— Spd.niv. -Cp.Bs '117 let,.S.Miliu.l)iv.,Bs,191U lou'a 111 |108 lOreg'nRU.AXaT -lst,Os 109»6 110 Ill..t So.Ia.— I8t.ex.,«s Middle Div.—Reg., 58... 1* 119 121 09 ,10a let, H. & I)., 7e, 1910.. DebonuireM, Is, 11,81 St.L.R.C.&N.- K.e..7a 100 iro C.St.L.AN.O.— 'rBn.1.,78 Chlct Pac.l)iv.,U8,1910 114 Panama— S.f.,8nb.6a,1910 Omaha Div.— lat, 78 100 ilat, consol., 7b, 189'?.. 12013 121 9«l>4 07 14 99 I... 90 lst,Clilc.A P.W.,5s,l'.t21 jPeoriaDec. A Ev.— lst,U8 Chir'rtaBr.- 6s. 1919." 2d,Ga, 1907 98 Min-lPt. Ulv., 5s 1910. •06 106 |10G% «a EvaUB.mv.- l8t,68,l'J20 94 >a... 6t.Chas.Bg0.— l8t.6a. .... Oold,5a, 1951 9Uia C.AL.8up.l)lv.,&8, 1921 lOUi Peoria A Pek.U'u— let, 6e No. Missouri- Ist, "8.; HOi« 11^ Dnb. X S.C.-'2rt Wv., 7bI M^.^ 118 Wla.Ji m!u.I)1v..58,1921 •esi-j 961a West.Uu.Tol.-1900,coup., 10' Pacillc Railroade— Ced. F. A Jliun.— lat, 7ai ,.„. 1... liaia 118 lony. 03 Teruiiual .',a, 1014 Central Pac— O., 88 1900, reg Ind.Bl.AW.— l8tpref.,7s 115 74 Cblc. & Northwest.— N.W. Telegraph— 78, 1901 ..... San Joaquin Br.— 6a.. 102 la 105 l8t,4.6-Ga, 1909 104 98=4 100 67 55 69 Sink, fund, 7s, 188S ^r^t.Un.Tel.-s.fd.G8.19n 2d,4.iK08, 1909 Cal. AOregon-lat, 8a 99 •.... Consol. bonds, 78, 1915. 133 77 Spring Val. W.W.-lst.G1^ 1361a Cnl, ,fe Or.-Scr. li, 6s. Eaatorn Div., Oa, 1921.. Extension buuda, 7a, '85 1031a Laud grant bonds, Ga.t lOOV 102 Indianap.D.&Spr.— lat,7a'104 107 104 105 lat. 78. 1885 INCOME BONDS. West. Pac— Bonds, 6s lOGV HO 2d, 5b, 1011 Coupon, gold. 7a, 1902.. 1'24 126 IJfUrrfjtt vatittbte if ean\r*i. Int.AGt.No.— lat. Ga, gold, 100 No.RwayiCal.)— lat, Gs 108 110 76 AUeg'nyCent.— Inc., 191: Beglafd. gold, 78, 1902. 1'24 96 So, Pac. of Cal. lat.GB Conpon, Ga, 1909 Atl. A Pac— Inc. 1910.. ''•icv "w'-i BhiklnK fund, (is. 1029.. 1101, Kent'ltyCent.-il.Ga.igil Bo.Pac.of Ariz'a— lat. Ga ..••-. Central of N. J.-IOOS .. ., Siuk. fund. Us, 19'J9, rog So.Pacof N.M«X...l8t,68 stamped. 4 \i. c, 1911 ..| Sinking fund, 5a, 1929.. io'ii, __„ Coup, deb.ccrts. LShore.-M..S.AN.I.,a.f.7s I0ia4'102i« Union I'acltic— lat, 88..' 118^« 113V ., Ceut.la.— .•* Elnk. fund, ija, 19*29, reg Land grants, 7a, '87-89! lOOia 106'.| Ch.: t.P.,tM.-L.Kr.inc..(l Cleve.ATol.-Slnk'gfd.i 104»4; Chic, .(t E. Ill Inc.. 1907 eink'g Jd. deb., 68, 19:13 "9519 05 "a Kinking fnnda, 8a, '93. IISV,; New bonds, 78, 188G. 'losi.! 03' 04 25 years deb. OS, 1909.. 1171a: DesM.A FtlV Ist.iiie Cleve. P. A Ash.— 78... Rog Ms. 1893 Rtgi.'tero.l Collateral Trust, Ga... 108 |lOi iDet. Mark, .t Buff. A Erie— New bds - -J K.T.V.,tGB. Escanaba A L.S.— ]at,U8 do 58,19071 Kal. A W. PIgeou— Ist. DesM.A Min'ap.— lBt,7s Kans.Pac— lat,8s,'95 109 111", Elizab.C. .V Det.5r.A T.-l8t.73.190G '_ 108 I, Or.BavW.A .~ Iowa Midland— lat, 88. 131 135 .... Ist, 68. 1896 Lake ."ihore— Div. bonda"I Penluaula— lat, conv. 78 115 Ind. Bl. A W.- iiiu., 1911 Denv.Dlv.(i8.aa'd,'99 106 Consol., coup., Ist, 78 ^!.26" '125' ClllC.A Mllw'kBO— l8t,78 123 04 95 Conaol.. inc., lia, 1921.. lat, conaol., Ga. 1919 Consol., reg- Ist, 7a... '2.1, Inc. ftt'd Win.*St.I'.-lat.7B,'87 108 Ind'si; C.Br.U.P.-F.e.,7B, '95 Consol., coup., 2(1, 78.. 115 86 Tni •2d, 7a, 1907 At.C.A P.-lst,(>a,19(15! 82 Consol., reg., '2d. a 82 M11.& Jta<l.-l8t,88,1905 Leh. At.J.Co.A W.-lst,Gs! Long lal. RH.— lat, 78, '98 118 1'20 15 Bi" lu2 88 Lake Ott. O.K,.ft SI. P.— Ist.ls "tin 100 Grog, siiort L.~ 1 st, Ba| lat, consol., 5a, 1931 Sai. .... C.U.C.&Inil'a— lst,78,8.fiL 1211a LoQls. Wosl .—1 st, 6s Ut.So.-Ofcu., 7.S, 19091 'I,a(.l'; Consol. 78, 1911 Ellen lat, 7a, 1909 Loulsv. .t N.— Consol., 78. '114 "ai" Conaol. sink, fd., 7a,1914 S»^ 051a Mil. Mo. Pac— lat, cons., 68. Cecllian Br'ch-7B, 1907 105 ,;Mob General euusol., Us, 1931 •100 102 3d, 7s, 1006 N.O.AMob.-lst.08,1930 ""t -26, ilOS.. C1ilc.St.P.Uin..t Oiu.— ijjo" ..., Ga .,105«b' Pao. of Mo.— Ist, •2d, Os, 1930 109>3 110 llOisi ires.. Cons..l. (i-, 1930 110 3d, 2d,7e.l891 E. H.A N.— lal, tfa, 1919 4th ...... C.St.P&M.-lat,Cs,1018 115 "a 8t.L.AS.F.-2d,6a, CI.A luoy General, Gs, 1930 ...... OH'e'lOO IL^J.Y.I No."Wl8.-l6t. Ga, l930.''ll() 8-Oa, ClasaC, lllOG... Pensacola Div.— 6s,ie20 " "' OOVi 00"9 N.Y.I st.p.&s.c- lBt.6s,1919 1151a 3.68, ClaaaH, 1906.... St. L. Div.— lat, 63, 1021 *'4 OIilo 5 Chlc.A K.lll.— lst,8.(.,cur. 103 105 lat, Ga. I'leri-eC. ,(t o.| 2(1,88, 1980 I>ol. L. ,»., 1 ' : . 1| j i J . ' H7V * ' HO • I ! . ' ! I : . I ! ' I i ! : ] .=).s, i, ; I ! , I . I "i 1 1 ! I ; . , i \ V I | 1 i ' V 1 1 . ' i I 1 I 1 I <l; — , II ! ! I I ;| ' I 1 I ! 1 I 1 1 I I ; ; ! ' 1 ; 1 I ' ! 1 ' . , ' . , j '\ , ! ' ; I I 1 . •*. I . . . < ,». I I, j , I 1 , 1 ' | Chic.St.t/.* P.— l8t,cou.38 Chic. Atl.-lSt, Ga, 19'20 A •2d, Ga, •2(1,68, l!l2a H col Val. Del. L.A CA 19-23 Clilc.A W. I ud.— 1 at, a.f ., 68 Gen'lmort., 68, 1932.... Col.A Green.- lat,68,191G A To!.— l.st, 5« W.— 7a,conT.,'92 100 •SO^I W.— Ist.Gs, 1919 I.0nl8V.N. I Ku L.F.rieA Sandnskvniv. "es'Tof"" Laf.Bl.A .V Mortsago 7s. 1907 i29'i'i82" Byr.BlncA X.V.— lat,?!" 122 • Nasliv. A Dec— lat. 78 8.A N.AIa.~s.f.,«a,19lO Lomlav. L.— Ga. 1931 Trust bonds, Ga, 192'2... 1(1.40 AOtnlt. Gs, !9'24.. Oene^n! T.oil. i;s, 1919 .19 .'^8 > 1 N.fJ.,v : 1 lA. I. ,.,!. .'ta prices Friday; Uiese are lat«8t qaotatlona nuMle this week. KquiiOon'; So. 1. Tcx.dCon-' lUCOi Rioi. "ii" •Vj- Penn.syh Pa.Co.' Pn. Co.- 1,.^.. M •15 ! , ^-1,0? ..•.;l ...J _ •w" , OSV 99 97V 09 ... THE CHRONICLE. 678 RAILROAD EARNINes. Samings Reported. Lateit Boadi. Week or Mo 1884. Jan. 1 to Latest Dale. 1884. 1883. New York City Banks.—The following statement shows the condition of the Associated Banks of New York City for the week ending December Bur.Ced.R.&No. 4thwkXov Canadian Pacillc lstT\kDec Central Iowa ... 4tli\vkNov Central Pacitlc. November. Chesap. & OMo.iNovembcr. EUz.Lex.&B.S. Noveiuber. Ches. O. <k8.W.. NoveuiDei-. Chicago & Alton Istwk Dec Chic. Burl. & Q. October... East. Ill- UtwkDcc St.P. 1st wk Dec & Northw st wk Dec Ch.St.P.Min.&O 1st wk Dec Chic. &W. Mich. IthiivliNov Cin.Ind.St.L.&C. 4thwkXov Cln. N. O. & T. P. November Chic* Chic. Chic. MU. & ; . Cln.Wash.&Balt. i!il wk Nov Clev.Aknin&ro! ithwkXov Clev.Col.C.& Ind October... Couiiottoii Val . September . Danbury & Nor. Sei'ti iiiber I>enver & Rio Gr I st ^k Dec Denv. & E. G. W. Ist wk Occ Des Mo. & Ft. D. 3d wk Nov ist wk Dec 4thwkNov Det.Lans'g&No. Dub.&8iouxCity Eastern B.Tenn.Va.&Ga. Evansv. &T. H. Flint & P. Marn. Flor.R'way & N. Ft. Worth & Den. October... October... ithwkNov wkNov 4tli 3d wk Nov November Seitimber CjBl.Har.i: S.Ad. Qrand Trunk WK Nov.'. 9 ... Or.BayW.&St.P. 4ihivkNov GulTCoI.&SanFe October... Hoas.E.& W.Tex October... 4thwkNov Do (lowaV 4th wkNo\ Ind. Bloom.&W. 4thwkNov IU.Cent. (111.)... K.C. Ft.8.& Gull 3d wk Nov C. Sp «& M. 3d wk Nov Kentucky- Cent'l November Lake Erie & W.. '.September l..Ek.&Ft.8mith October... Ii.Rk.M.Rlv.<feX. October... 1st 1 Mar.Hough.& 0.|4thwkNov Memph.&Charl. October.. Mexican Cent. ..1st wk Dec Mex.Nat.,NoD(/ 3d wU Nov Bouthern Dlv.^d wk Nov Other lines e..i3d wk Nov Milwaukee & No 4th wkNo\ I Mlnn.& Mobile wk Dt c St.Louis:October... & Ohio 33,200 52,246 j 49,007' 2S.617J 76,263, 146,0U0 76.8281 42,61?; . Octoiier. Septembci Septembci October.. October.. 25,031 20.230 3<9.178 269,207 820,915 020.977 3,574 1,007,431 3,079,967 3,359,605 47,955 15.59t 139, 15£ 12,S6(' ist wk Dec ;lstwkNo^ 432,00 270,092 641,626 420,262 311,193 2,595.012 280.0ji 1 23,563 81,980 48.333 115,593 289.821 18,8621 . 5.4,';7,000 1,234,000 8,096,000 6,303,600 1,044,200 Mercantile 6,23f',5U0 l,6-.'9,o00 Pacific 2,065,300 4,360.800 3,300,200 1,370,800 3,046,200 7.916.800 2.511.000 6.15,000 S32,!)00 561»,900 Commerce Broadwav Republic Chatham ... Irvinj? ,449.53t 2.570.381 683.951 604,804 791.402 5.142,885 9,292,866 1,021,341 3,901,730 ,853,885 ,040,823 3 487,207 197,900 138,100 934,500 725,900 544,900 203,900 108,000 231,600 213,500 179,^00 657,400 343,300 1,100 245,300 29,500 292.500 592,000 209,300 867,000 930,600 2,037,100 1,140,800 4.081,000 11,740,000 17,266,900 4,352,4 00 6,544,600 2,377,300 4,776,700 3,515,500 1,655,900 1,263,000 2,633,400 805,800 466.200 218,300 1,276.600 405,200 158.900 439.200 620,600 612,600 130.2(10 $ 450,000 2.60O 496,600 29,200 84 3,900 890,800 854,000 423,000 46,000 5,400 3,169,'.iO0 8,780,000 2,693,000 3'66,00O 333,400 2.331,400 2,272,300 2,768,700 2,116,400 2,749,000 Citizens' Nassau Market Nicholas .... & Leather., St. Shoe Com Exchange ... Continental Oriental Importers'^ Trad. 661,100 109,000 603,300 27,600 27^,000 341,200 1,176.300 103.800 7,043,900 3,768 400 23,000 123,100 4.878.700 4,309,1110 3,904,200 1.019,1(10 ;0.d4.'i.«00 16,470,600 1,636,000 1,069,600 12,373,500 6.750,000 1,945.900 4.104,700 15,321,800 Chase National... 3,274.700 2,379,700 1,638.100 Fifth Avenue German Exch'nge. Germania 1.90.-).200 United States 2,91 0,000 Lincoln 1.4^7,300 Total 995,200 446,006 6,eo.',soo 1,856,300 23,U61,r00 20,715,900 1,550,000 392.200 14,653,700 8,487,000 2,333,000 4,838,000 17,105,000 . 5.103,300 1.161.000 2,010,400 2,298.000 2.817,600 190,00(1 154,800 1.261,500 1,635,000 331,000 572,000 810,600 890,300 130,300 •242,100 306,40(1 li6,>00 160,200 53-.!.400 265,000 410,000 3.776,'.'00 2.605,800 1,049,000 1,17'3.J00 1.94-1.800 2.7.-9.300 G< rtiian-Americ'u. 417,400 587,000 358,000 878,100 335,000 4.650.600 839.700 256,000 308,700 292,000 606.100 1,250.700 1.919.500 Bowerv 3,128,600 2,485,300 2,490,600 2,051,100 2,901.000 289,20(1 1.584,000 421.000 4, .133,'.; 00 N. Y. County 394,700 231,600 62,100 1,305,100 45,000 2';0,300 360,000 297,000 45.000 43.000 449,900 180,000 223.000 180,000 3,6'i0.300 45,000 741,300 103,000 269.600 985.700 303.100 48.800 176,lil0 S8-<,000 2,695,800 121,700 235,600 143,P00 2,291,200 . 3.37'.>,200 1^,000 181,600 715.800 1,701,600 917,000 1,093.600 3,296,600 44.100 178,200 131,600 2,19-i,600 19.i,800 238,014,800 86,494,600 38,270,400 329.870.200 ll,387,2(]0 The following are weeks totals for several \L. Tenders. Specie. past: Xirculationl Am. Clear^ga Deposits. N'v 22 288,539.700 «4.3VO,S00 37,347,100 325,'-87,400 11,711,600 SS.i. 711, 609 • 2'J 235,314.600 83.273,'20O 33.4 60,30(1 323,823.300 1,64'3.400 459,294,007 Dec, o 283,0 14,300 36,494, too 33,270.401' 329,8 0,20(, 11.587.200,536.370.418 1 . Boston Banks. Loans. 1884. 1 —Folio-wing are the totals of the Boston banks:: L, Tenders. Specie. Deposits.* .Circulatioli Agg. Clear'ga 9 $ N'v 22 143.129.000 7.259.100 " 29 143.3»2,600 7,326,300 E-c. 6 144,453,'200! 7.436,000 6,317,200 7,163.300 6.341,400 Philadelphia Bauks.- -The 99,106,80; 23,433„500 93,711,900 23,137,800 99,8Sy,201l J3,020,8'J0 1 67,080,531 54,078,492; 74,428,662 totals of the Philadelphia banks are as follows: . Loans \Lawf til Money. Deposits.* I Circulation. Agij. CUar^ga . . -i . . $ NOT. '• 22.. 29. Pec. 6-. * Including 22,711,752 70.161,669 23,34 !<,500 71,261.377 23,383,299 70,582,383 otlier banks." Iteiu "due to 73.041.072 72,602.624 73,004,417 t-ne Unlisted Securities. week —FoUovdng are . . 1 1 Not Including Utah Bid. Securities. Am. Bank Note Co & Pae— Stork West. Div-, Istmoi-t Atlantic 18 ... Tn Ask. lines after July & m 46,180,735 35,363,2»9 52,146,792 latest quotations for Securities. Ohio Cent.— Klv. M 95 7 old Debenmres Buff. N. Y.& Istniott ipittsburg S 49 52 Phlla Trust bonds. 6* fent.ol N. J — ixbcnt... CoutmeulalCoust.Inip.t'o DenT.& Kio Uraude— CoQ' V 30 414 43 d Guar, by D. A K. O Edison Electric Lislit Georgia Pa(^.— ;5tock 36 47"^ 8 90^, 37 65 & X.— Adj. 1. Pret Mut.Un — 4 bonds a 76 7 mort 2i< 26 18'< — 1 enu.— set'in-t.39 St. Joseph Jt Western Pae, Ist mort. St. Jo. Kan.s. <t 15>i 99 i9hl 1st mort. Pae— Scrip 1^84. 34 36 Old strip New sctip M. Jt St. Jt M.& 30 83 ?9 8 10 19 --s 62», 2d moit iTexas 8^4 15 81 & & Neb., 79 2 3 54 * Atlantic A Western Ist nioit Ask. Louis—; A. Div., asp A. Uiv., ist mort.. 10 24 66 ""fii 5 17 's Sl'ck trust otIs 10 M.K..ST.— Income scrip .. N. y. M. Un. rei.-stock. N. y. W. Sh. & B.— Stock. O-a Ist Postal Telegraph-Stock. 1st mort., 6s Postil reLi Cable— stock Southern Tel.— Stock ai-a Tex. 40 Keely Motor 1st liiv., State of 60 10 22 58 Incodies Peusacola ,' 6^ Bost. H. T.& West.— at'ck Bid. Pae— Dir. bonds.. 8M North Kiv. Cons.- 100 p.o New Jersey & N.V.— I'reJ North. 1 Accamul. land Krant Bank.JcMerch. Tel.— l8t Louisv. *? H^^ill?: ^^'^ """»: "P to ^^^y embraced only to S.^ltlllo. « Only 136 miles now. but prior to May represented 29, miles. g Not including earnings of New York renn. Ohio road. A Not. including Central New Jersey in either year prior to June 1, t Included in Central Pacific earnings above. Embracing lines Missouri, Arkansai aud Texia. -y^a^^^l^ 236 miles. ?S"h" Laredo 7,919,241 7,921.455 7,902,593 past: . * tton. Metropolitan 1.913,23-1 119,5187 .•',101.743 34 0,700 1,613,000 2,209,200 425,300 99,8i:0 43P.038 1,001,030 1,303.435 1,977,396 l,30il,200 197.'-'00 296,000 15.269.335 5,107,253 819,24!' 813,049 1 North America Hanover 1,148,800 1,141,000 288,200 S2S>,300 i.;oj,5on Peoria Dec. A- Ev 4th wkNov 17.554 20,3641 701,854 658.305 Phlla. & Erie . October. 391,027 432.4391 3 ,052.733 3,474,875 Phlla.& Eead'gA October... 2,910,541 3 531.436 21 ,993,975 21.347.640 Do C. & Iron October... 1,729.623 1 ,873,592! 13 ,740,574 14,212,145 Slchm'd & Danv. October. 429,179 429,831 ,1 35.73 3,146,808 CTi. Col.ife Aug. October.. 96,763 98.205 607,877 663,966 Columbia&Gr. October... 98.0191 86.247 616,763 602,169 Georgia Pae.. October... 65.990, 42,501 Va. Midland. October... 167,5961 176.167 351,770 1,4-20,703 West. No. Car. October. 41,513 44,006 362,658 312,121 Boch. & Pitt.sb'K 1st wkDec 23.532 20,116 601,977 Kome Wat.&Og. September 184.7S6 172,848 ,075,460 ,257.992 1.22i.2S8 Bt.John8b.&L.C. September 31.080 30,048 214.646 207,931 BtL.Alton&T.H. 4th wkNov 25.153 38,5i:;9 ,200,630 1,347,821 Do (brchs.) 4thwk Ni.v 10.100 22,96a 679,515 758.359 BtL. Ft. 8. & W. November 41.524 38,234 445,967 246.433 Bt.L &8an Fran. Ist wk Dec 98,700 96,60< ,367,501 3.580.192 Bt. Paul & Dul'th 1 St wk Dec 30,188, 19,647 236.409 1,259.762 Bt.P.Mln.<& Man. November 878.255! 845,514 449,094 7.695.120 Bouth Carolina October.. 157.351! 146,294 968.261 1,073,250 Bo.Pac.CaL.N.D. Auftust... 153,009 140,610 919.893 832,941 Do So. Div.i. .\ugust 282.881 i*44,901 339.677 2,775,514 Do Arizona.!". August 130,615 207,124 217.276 1,683,219 Do N. Mex.i. .\»^ust 62.994 65.188 447.325 531,976 Texas & N. Orl's. Septemlier 1 9.3 is 107.074 610.917 830,465 Louisiana W'u iSepteni ber 35.053 62,909 320.251 413,404 Tex.A St. Louis./ 3a"wk Nov 36,705 27,763 886,323 Tol. A. A. & N.^i October. 24,570 19.211 193.403 I'eo'gVs Union Paoillc... October... 2,661,746 918.058 21 ,032,319 23,767,858 Utah Central. -.;October .. 112.301 116,127 868,513 973,99!l Vlcksb'r/j il Mer. Novejuber 64,037 69,009 441,867 460,697 Vlcksb.8h.&Pac.|Novembei 55,13S 21.44S 236,116j 119,343 Wab. St. L. & P. Ist wk Dec 371,000 370,816 West Jersey Oitolier... 92.860 88,232 153,672' 1.071,156 mgconsln Cenfl 3d wk Nov 29.933 31,184 266,1651 1,285,632 . State of N. Y Americ'n Exch'ge. 7.SI, 000 864,100 2.86S.500 972,900 2,541.700 13,051,000 17.082,300 2,313,6110 Ohio Southern iNovcmlicr 421,886 3-28,383 Oregon & Cal... October... Oregon Imp. Co. September 2 ,504.893 2.973.368 Pennsylvania ... October 4,417..547'4 ,875.318 40 ,846.646 42,769,255 . & Tr... B'kof theMetrop.. ,396.41'. ,154. aas 711.897 94,04 170,310 2dI,636 78,628 690,748 102,526 32,656 131,310 382,242 Mechanics' Greenwich Leather Manufrs. Seventh Ward 539,000 900 GartieUl Fifth National.... 965,16! 70,39C. Gallatin Xational.. Batchers' A Drov.. 1,1 2(' Circvia- S. 11,037,000 9,383.000 8,009,700 8.078,000 4.106,000 11,957,500 2,360,000 15,196,600 2,140,300 1,577,800 18.868,300 2,527,100 3,531,700 1,711,300 1,540,000 6,523.100 305,000 1,029,300 251.900 264,000 63,400 281,700 495.863 687.534 439.7 71 ,757.141 1 Tradesmen's Fulton Chemical Merchants' Exch. 10,193,500 2,605.000 6,862,000 •-','. 6S),C 00 1 Oil 000 14,621,300 2,326,100 4,833,700 1,689,700 ,727.59:i 20i.32( . Ohlo&Miss 78i',420 ,036,734 497.021' ,877.443 ,900,011 November 230,297 ShenandoahV November 48.124 Korthem Centr'l October. 519,79.i! Korthern Pacillc November 1,115,191 1 ,276,02:i Ohio Central 849,675 38,3-i2 30d,99-. 365,877 1,732,73! 2 ,129.014 516,52: 99,05! City than V. 9 3,?03,000 1,839.900 2,040,000 1,072,300 4,147,700 430,000 9,(09,900 349,600 4,4S8,tJ00 024,4.54 234.04470,84! 12.212 20,89c 151.57< 203,737, 91,12J, Union America Phenix other Tendtrg, $ 2 667 000 9 787 000 7,839,000 7,093.000 7,810,000 Central National.. Second National.. Ninth National... First National.... Third National ... N. V. Nat. Exch.. 364,75! 3.53.5 12 ,664,582 13,188.029 601,2h(' 879,899 ,106,30 994,138 2.71f: 21.651 171.711 JCewTork Manliattnn Co Merchauta* Mechanics' Park North River East River Fourth National.. 1.691,692 266.337 318,240 10,018.060 550,910 1.866,356 416,020 2.724,720 123,(le 1,712,731 52.101 <>,60fc $ 218,31( 401,29,=, 73.251 148,374 63,022 49,515 45.760 290.705 126,24r 6 -,£00 Vi.02t 14.323 236,635' 1..51 693,905 670,440 078,<03 2,353,242 861,305 821,013 432,734 356.460 935.039 2..^62.007 657,590 17.669,770 297,420 374,195 26.801 44.214 337.319 406,744 15,763 263,436 37,428 260,041 39,06S 51,171 46,165 50,2001 'Novcmbei 255.(0 M.) September 1,537.041 H.Y. & New Kni; H.Y.L.ErieAW.ff N. Y. Pa. & O. N.Y.Susq.&Wcst N. Y.Ont. <feW. Korfolk & West 36i',938 Specie. Discounts. Peoples' 3ie,0;i3 309,555 . . Mo.Pac (& I Kash. Ch.& St.L. OctoUer. Br.O.<Sc Northeast November 312.667 "8.896 455.593 10.789 71,352 270,',iOO 1 Mil. L.Sh.&West. Ist 411,020 2,508.008 2,585.565 5,553.720 5,054.688 1 .306.454 1.168.860 20,520.496 22,875,962 3,241,940 3,600,408 694.162 661,573 1,237,896 1.19''.244 8,161.006 8,253.528 742.480 21,189,422 21,376,677 33.031 1,459.518 1,549.558 514,648 21,788.600 22.023.754 485.900 21,932.700 23,749.407 10?,300 5.446,498 6,194,403 25.815 1,375,129 1,430,805 f 9.634 2.223,726 2,305,429 C34.425 2,362,710 2,361.508 36.384 1,531.698 1,687,788 443,601 12.315 490,047 3?8.024 3,113,147 3,613,0:6 32.782 16.725 158.586 157.316 119,999 5,613,281 6,447,857 207,843 23,830 wk Dec La. & Mo. P.iver[July liOUisv.&Nasliv. Igtwk Dec 91.001 30.122 104.639 345.306 58.051 132,812 192.138 266.231! 331,091 8,018 Kan. Long Island 9,759 69.972 Net Depotitt Loans and 1.007.761 962,834 13,594,879 13,060,427 78,019 130,000 26,6b4 1,797.000 2SS,325 68,34 140,522 179,839 2,683.597 40,200 536,000 489,700 121,000 29,546 56,214 2i 5,268 36,289 10,160 350,596 29,174 21,690 109,196 28,717 8,378 19.054 17.902 323.097 412,289 17.372 42,528 23,124 35.5r9 Amount o/- Average Banhs, . . 6: 1883. « Ala.Gt.Sontlieni NoTembcr. 122.944 l,74i!.060 Atoh. T.& S.Fe October. Atlantic & Pae. October... 150,000 Bost. H. T. & W. «liwk Nov 9,878 XMIX. [Vol. 3 "l8^ 20 OfD. l8l,ld.gr..£inc.asp. rei.itCol. Imp.— Ex-bd.. U. S. Electric Liglit VicKsburK d: Meridian... i Pret 37 40 .in 3^; 41a' mort 2d mor« Incomes 1st 67 "a 16 December THE CHKONICLE 13, 1884.] 31 11 wcstm c 679 tUniMTIM, II t ,. IM823. 1881-2. 18^3-4. $U0.iiH,3nO $h)i 428,300 •M0,42H30O 48.478.033 4H,997.ia3 S<l,4))7.ra3 R,a,'V4,370 4,rtM9243 ;i.7IM.n)2 15.341,050 10,127,lti9 12.H03,4Oi . , , Capital stork J,"'"l<xJ •'•"t* UnfuDdeddrbt BaUuoe, lurpliu The INVE8T0R8' SiTPPLBMRST <!ontains n complete exhibit of the Total Unbllltlcs $188,490,70(1 $100,241,070 $ia2,.V.fi«JM* Ftmdeil Dtht ofStatex and Cities arid of the Stonk/i and Bonds ' 8co do' ailed statement below. of Railroads and other Companies. It is published on the last Satiirda;/ of every other month viz., February, April, The above surplus " balance " under tlie head of liabilities in June, August, October and December, and is furnished with- made up as follows: out extra charge to all regular subscribers of the Chroniclb. „ 1881-82. 1S82-h:i 188:184. . Balance from previous venr.. $14,752,605 $15.:i4l,055 $16,l'27,lWt Extra copies are sold to subscribers of the Ohorniclb at 60 Premiums on bunds sold 73\,1.V> 1,5'J0,000 147,471 cents each, and to others than subscribers at |1 per copy, Premiums on stock sold 40,765 ~ — , Rental ANNUAL REPORTS. t-ar. ik Uud. Klv. KK.. Total Nen York Central & Hudson River (For the year ending Sept. 30, 18W.) The annual report of this company for the year ending Sept. 30, 1834, has just been issued. The figures are tabulate*! below at much length, in comparison with tlio corresponding figures for three previous years, and this makes the most complete comparative exliibit of the New York Central's operations and finances that is anywhere published. The details of operating expenses are not obtainable till the pamphlet report is issued. Comments on the report are made in the editorial columns of the Chkonicle. The statistics of traffic, earnings, income, &c., are shown in the following tables: 1880-81. AfUos owned Milt sl'seilA- con trol'd 1881-82. 749 244 749 244 1882-83. 188,3-84. 749 244 $16,742,605 Back tax on liailroad. 749 244 Total operated... 993 993 993 903 Ol-EHATIONS AND FISCAL RESCLTS. 1880-81. Oreratinns— 1881-82. 1882-83. 1883-84. Pa^scnirers oanicd.. 8.9(K>.249 10,308,979 10.7Ki.925 11,057.939 Pa8.<on);or mileago.., 373,708,980 432,243,282 429,3'<5.561 387,829,88(i 1 -98 018, R.ite i>ir pass, i>,rullc. l',8<! cts. 180 cts. 1-94 ct-s. FrciKUt (lou?) moved. 11,.591.379 11.330,393 10.892,440 10,212 418 Fr'glitddUi') inlIea»c'2G40814O98 2394799310 2200896780 1970O87115 Av, ratep. tonp, lulle. O 78 cts. 0-73 cts. 091 ets. 083 ct3. 400,000 caiiltal, <^ Interest on bonds accnied, but not due at ehtse of year $16,122,970 $10,274,670 $1747»3 $ • 014 09O Old reveuuo claim 60,331 Leaving $I6,742.6«I5 Deticlency $19,048,175 1,401,600 U, 400,883 Surplus 170,023 Balances $15,341,056 $16,127,198 FLOATIKU LIABILITIES SEl'TEMBEK Pay-rolls $15.204,!t8» & on, expenses >ue other unp'd rallro,ids Interest due and unpaid Dividends unpaid Past-diU' bonds Boudsandmorts. on real estate 1882. $2.979..538 1,996.3-12 $12,803,40tt liO. 18w:{. 18S4. $1,7.57,835 $2,807,382 8,144 51,789 1,5'27,075 9:ili,-,244 8. '2.54 '021,355 215,002 46.536 88:155 211.040 100,320 $5,254,370 $4,689,242 $3,704,63'.2 3,5'^5 51..52.'J 15 35.'> Includes $914,050 interest accrued, but not due at close of year. corresponding item was given In previous repoi-t«. * K« Richmond & Danville Railroad. (For the year ending Sept. 30, 1884.) The annual meeting of stockholders was held in Richmond, \a., December 10. There were represented 37,04S shares of stock out of the whole 50,000 shares. A resolution * Exclusive of company's freight. was adopted increasing the number of directors from eight to twelve. These were elected as follows George F. Baker, C. S. Earnini/t— S S » $ Passenger 6,958,038 7 810,319 8,526,843 7,.533.213 Brice, Joseph Bryan, W. P. Clyde. H. C. Fahnestock, John H. Freight 20.730,749 17,672.252 20,142.433 16.434,983 Inman, John SIcAnerney, J. G. Moore, W. G. Oakman, H. B. Car service 1,009.836 1,067,114 99(i,331 1,009,278 Mail and telegraph.. 617,908 69S,:i84 693,91 698,946 Plant, George I. Seney and George S. Scott. The President's annual report was presented at the meeting, Total cainuigs... 29,322,531 249,796 30,363,991 25,676,420 but copies are not yet ready for distribution, and the figures Operaling expenses— below have been compiled from the Chronicxe from the report Maniten'e of way, &e. 3,434,685 3,106.012 4.652.036 as presented in comparison with previous years. The PresiMainfceof e<|iii|im"t. 4,273,623 3.666.764 4.219,914 8.8S<|,457 10.182.8(i4 dent's report says: "The track has been greatly improved Ti'ausp'tiiiu exp'uses. 8,8;{0.173 Car service 1,674,.504 1,46(>.761 1.506.4»i4 tlirough its entire extent. During the year iron rails have MiseeUaneons 1,192,517 973,373 1,541,107 been replaced with 60-i>ound steel rails, renewing in the aggreOn the Richmond York River Tutal (incl. taxes).. 19,464.786 19.395.974 20,7.50.594 17.8-19.313 gate 1013^ miles of track. Net earuinns 9,857,745 7,853,822 9 613,397 7,827.107 & Chesapeake Road about fifteen miles have been substanP.c.of op.cxp.toeam's 6017 61-14 6332 69-51 tially repaired by the substitution of partly worn fisli-har rails * See income account below for total income. for the old chair rails in use on a portion of that road." The expenditures charged to new property for the year INCOME ACCOL'ST. For construction, chiefly part payment for new depot 1880-81. 1881-82. 1882-83. 1883-84. were lot in Richmond and the James River bridge, .*2T,386; for equip$ Net eurniiig-4 9,837,745 7,853.822 9.613.397 7.827,107 ment under car trust contracts of 1881-S2, !?170,311 total, Rentals aud interest. 1.532.129 1.578,434 1.7.57.210 1.739.899 Use of road 266.640 291,424 306.915 313.052 1203,698; expenditures for betterments of Atlanta &-C'harlotte Air Line, Other rdoei-rts $237,7-11 Richmond York 1,207,095 River & Chesa1,509,128 1,3 12,600 •419,296 peake, |329— making total new property and betterment Total income 12,883,609 11,232,808 13,020,128 10,299,354 account for the year, |441,832. Disbursemenls— The report of the Auditor exhibits the indebtedness of the Bentals paid 1,926,513 1,937,528 1.937.528 1,948,028 Interes-t on debt 2,849,591 3,250,101 3,432,308 3,380,082 company as follows Consol bonds, $1,231,100 general mortTaxes on earn'gg and gage bonds, $4,018,000 debenture bonds, with matured intercapital s-tock 21 4,678 301,274 323,136 302,483 est on the latter, $357,310— $4,3'26,310; bills payable, .$791,263." Dividends (8 ptr et ). 7,138,343 7,145.513 7,13<.»,644 7.118,131 Accounting for the decrease in the traffic of the past year Total disburscm'ts. 12,129,125 12,634,416 12,811.103 12 790,239 by the falling off of at least one-third of the cotton crop, and Ba'ance, surplus '34,484 by the general depression of business. President Buford says : 179,025 deflcit 1,401,608 2,490,885 " During the two months elapsed since the close of the fiscal year now reported, the improved movement of traffic indicates • Decrease caused by transfer of ?641,582 from sale of old materials a healthy and substantial re-action from the inactivity which to credit of expense account. prevailed during the preceding period of the year. The assoThe balance sheet for three years, in detail, is as follows ciated lines of the Richmond & Danville system, having gone AS8KTS. 1881-2. 1882 3. 1883 4. through the j-ear successfully and received meanwhile mateCost of ro:.dand equipment... $1112,736,i»36 $114,731,917 $114,801,239 rial improvements, are making fair advances in value, Certs, on consoUdat'n in : : ; ; : ; ; —1869. Other projiertics owm-tt Hudson Kiver bridges Dunkirk .\ilegheny Val ey Pittsburg RR Cieueva & Lyons Sl RR Real estate 1,982,613 2,920, 2,920,621 2,920,<i21 2,920 621 331,8!»0 331,890 1,073,500 317,993 331,8!)0 — — Merchants' Dispatch Pittsburg & Luke Krie N. Y. Celt AiNi.igaia River. Stock and bonds Syracuse Geneva & Corning Wcstinghousi' Airlirake Co. Moriis Kiiii Coal & Man. Co. Bonds Lamoille Co. extend. Fuel and supplies on hand.... Cash on haiHl Station bjilances., Connecting railroads aud other balances .- i-tates Harlem eipiipment Eundry open accounts , 1,073,500 6,726 184,200 Buffalo 'Cross-town Total assets 31,157,904 1,914,957 303,1 '25 Troy Union United 31,1.57,904 1,845,776 1,073,.',00 Advances on Ilarlein eonptr'n. Company's own stock held Stocks in other roarls 1,157,904 15,000 12.685 1,317,475 100 1,801375 15.000 12.685 1,801,375 110.0(H) 181.01O 2,096ii35 1,043,980 184.010 18.750 900,000 IIO.OOO 1.824,569 376,374 874,8'JO 1,098,4'20 1,141,915 298.746 716,731 401,394 33,269 690,413 186.298 404,394 32,805 2.25274S 373,010 18,750 889,712 and effectiveness as parts of the system. The is rapidly developing a traffic beyond Georgia Pacific Road any conservative expectations heretofore entertained. Its future as a valuable and successful property is assured. The construction of the Western North Carolina Road lias been finished to the full completion of all A in connection with that proiierty. large portion of the old division of the road lias been thoroughly and permanently repaired with steel rail track and other betterments. The traffic of those districts opened up by the new construction gives encouraging indications of continued increase, and the whole territory thus newly develoiJed presents an inviting field to capitalists and new tettlers seeking investment, or employment in agriculture, mines or manufacture." General Manager A. L. Rives, in his report, fays " In view of the fact that several of the largest railroad systems in the Southern States are contemplating a change of gauge from five feet to four feet nine inches, preparations have beej made and are making which will enable us to take f imilpr action with the maximum economy at the proper time. I am satisfied that such change, when accomplislie<l. will result in an increase of businf ss and reduction of expenses." Earnings and expenses for two years were as follows : engagement-* 15.000 12,685 IIO.OOO 28,100 0( 28,100 resources 28.100 18.7,">0 90<I,(K)0 17,'. (HJO 1,3M3,362 1 491.220 299,712 404.394 33,804 $158,496,759 $100,241,975 $162,523,560 : THE CHRONICLE. 680 1S82-&3 , Elcli. & & Rich, yf.rk hiv. 230,727 151,280 800,()26 010,572 75,8^7 28,059 670,843 l,04i,031 249,820 800,110 67,79J 1,074,015 Clics... Noi-tli Cunjliiuv Northwest. N. C Atl. 1883 84 .. ^p brass coin's. Eleven's. Gross earn' s. Eitpen s $715,499 $1,.57.5,571 $761,748 D->n. nud Pipd.... $1,954,041 & CUiir. Ail-Line H''^;*! D'.<3,jai '^^•tl"? 703,901 $3,803,791 $2,218,853 $3,800,382 $2,202,541 $1,536,937 earaiDgs for tlie year 1882-83 $1,597,841 Net earuings for tlie year 1883-S4 I(fet As compared with following the 18:3-83 changes are shown [Vol. and hive added ments, to construction and equipment "Thepassenirer traffic has increased ovirla.'-t year number of passengers cariied, and .515,970 passenger Ir.dn miles resulting in increased earnings from passengers of $21,633, notwithstanding a material reduction in the tariff inaugurated in the early part of the yoir. The freight tr.iffi'3, owing tj tlie diminished product of factories on our line, and the low rates on Western freight, has decreased 51,630 tons, with a loss in receipts of $61,538. This loss in traffic, however, will cease with an improvement in business," The comparative statistics for four years have been com-piled for the Chkoxicle as follows .$168,783." ** 618,5.57 in the ; : ROAD AND EQUIPMENT. liimiii ps from pencrnl f rciglits decreased ^Z^'^?? Barniugs from passeiigeis, exptessand miscellaneousincreased 71,011 Deerease in gross earnings over last Decre.ise in expense of operating $5,410 16,313 ye.ar $10,903 Increase in net earnings over last year Tlie ratio of workina: expenses and 5T"0o per cent in 1883-84. was 58'3 per cent in 1882-83, The income account in the past three years was follows 1883-4. $1,293,035 $1,586,937 $1,597,841 *575,770 18.319 19,517 Tot.il net revenne fortlieye.ir $1,873,805 Anionnttotnllnteres on fnndcd and iloating delit of Rieh- $1,605,256 .$1,017,3:8 Net earnings Ke«elved fiom interest on in- vestments, not including in 1SK2-3 !t3S.35(i, and in 1883-4 $49.089,reeeived for iDtciest on Northwestern N. .'»C. Bailroad bonds held liy cjmpdny >fe Diinvil'.o RK. 1-5 100 Total operated 283 283 102 217 2s5 100 217 1,S.80 2,011 Locomotives 9;1 Pass, m.iil & exp. ears Fre.iglit ears (8 wheels) All other cars (8 wh'ls) l,79-i>9 56 — $1,492,700 * 1 12,556 $1,317.9-9 '^Potal lia'ance net Includes i-ev. 1 over 1880-81. Total gross earnings all cliga. $555,876 1,178.530 2.378 $1.4^0,908 $136,450 3,091,273 74 ^ 2.'4 1.901 130 73 "a 1881-82. 1882-^3. 1883-84. (pf Trau.n)orfn expenses. 756,913 71.130 118,993 1,909,070 1,124.603 63-65 2,292,908 1,110.110 08-38 2,310.830 1,273.H7« 64-47 2,307,536 1,264,008 64 Ul 1882-83. 1833-84. 140,778 ?ion-fin-,f ^'-'"'"^•'? 5 General Total Xet earnings P.O. of op. exp to earn. 3.371:.591 S 03,221 102,291 403 909 Ta.xcs 3,581,300 00.014 07,304 .$ way.&c. 3,403,078 $ 482,916 191.276 fi82 ?05 581,901 72,283 297,t2G eT))e7tsee~^ Motive power 1,492,700 ^s 285 113 Passengers cairicd... 5,793,150 0;{!04.0S7 7,3.57.290 7,005.8SS Passenger m it cage 83.411.100 03,871,712 100.00 ^.605 108.497,155 1-881 cts. K.iTo t^ pasti. %} mile. 1931 cts. 1-S22et' 1 723 cts. Fr, iiilit (tousl moved. 1.124.280 1.308.332 1.257.699 1 310.7(12 Freight (tons) mileage 63.099,873 08.479.129 75,041, J26 77,089.654 Av. rate ^ ton "(^ mile 2x5S cts. 2033 cts. 1-923 cts. 1-S05 cts. Earuintfs — $ $ $ Passenger 1,614,184 1,825,053 l,9(io.71(> 1,770,345 Freight 1,298,148 1.451. -.iT^ 1,393,096 1,393, 340 Mail, express, »Scc 181,041 239,037 304,575 1.87,544 llaiuten'ee 1,317,929 . 203 1883 84. 185 100 OPERATIONS AND FrSCAL RESULTS. Jlaintiurineeof cars.. . * 1883-83. 118 l(!j Operating Co., Including iutcTcst on delientiu'es and rcntiils of leased lines foi- the year: Miscellaneous. •• 1881-82. lis 103 Operations l?R2-3. 'Rit.D. 1880-81. Miles owned Miles leased briefly as : 18S1-2. moud XXXIX._ $ 408.486 241,894 4s(>.466 158,431) C80.628' 718909 70f!,448 reniium on honds. .\CCOUNT. The earnings in detail are as follows : 1 sa2-.^. •From general freights From itasseiuei'S From cvprcss freights I'Yoni 18S34. ...$2,5fil,18l 909,sr;4 08.8.14 $2,511,700 152.130 84,083 162.684 94,787 $3,805,792 $3,800,3; 2 United States mails From misc jilancous som'Ces. Tot.al 1880-81. 9.-.5,184 75,!.07 Wiluiiugton & Weldon Ilailroad. (For the year ending Sept. 30, 1881.) The report says " While this shows a dimimition in the In view of the gross, there is an increase in net earnings. stringency of the money market and the had outlook at the beginning of the j-ear, every possible retrenchment in expeD.ses was made. Improvements have been left undone which might have been made with advantage to the future economj' $ Net eaniings Diiihnvsemtn tf Rentals paid of operating the road. At least two more passenger cars, two more locomotives and an expenditure of $17,000 or .f 18.000 for sleeping cars v.-ere needed. There are still 8.5 miles of iron rail in the track, besides the Tarboro Branch, and it is submitted wh-^ther it would not be good policy, while steel rails are unusually low in price, to take all the old iron rails out of the track. During the year the Tarboro Branch will need new rails for repairs." ["',• E.VRXIXGS TSariHiigsfrom— ~ ' Passengers. Freight. Jdail, I xpress, &o. - '" AKD EXI'EXSES. 1S82-3. $203,241 420, IS3 , Total earnings '^Opcrating expenses and taxes. Net earnings. 1S83-4. $271. "iBl 412,9f3 lOj.itO $797,429 001,549 $73«.014 $195,38a $294,631 493.B8;i 20.673 $294,031 23,942 —.'\ .$216,053 $318,573 .;.;B* hurstmenls— $80,R41 Dividend uds.. (6p.c.) 12.1,911 $20i,5S5 $10,1C8 Balance, surplus. f' - (8 p. c.) 80,698 166,592 $247,290 $71,283 Eastern Railroad. (For the year ending Sept. 30, 1884.) business, .<ihowing a decrease " Consideiin tlie net result against '1882-83 of $7,r)SG : iog that the jmet year has been one of unutual depression, this ,,;t)esult is quite satisfactory, and confirms t lie ability of your iroad to eu-n its fixed chargts in years of extreme depressi ui, jV,aiid, with the return of prosperity, to earn a liberal surplus The report says of the past year's , /.applicable to the sinking fund or aividends." " The management ibis year have deemed it expedient 1o apply all the earnings to the improvement of the prcpertv, and have charged operating expenses 1,908 tons of new steel, equal to 17 miles of track, and many other improve- m 218,330 218.330 674.439 218,330 857,tS6 218.330 855,535 1,070.010 1,073,885- 100,207 Total dishursements Surplus New coustrucfn, &e.. 983,15(3 892,709 141,417 134,148 217,.'-!41 7,209 GEXEIiAT. 4,5.59 Real esiatCA bonds own'd. Bills anduther accts.. I'rutit Total assets LlAibililics — common Bonds (so 21,340 903.700 1,04-J,690 1,048.690 f;95.450 93.430 1,258.308 195,799 96.!.50 1,200,330 210,131 SIO.OSH 1882-33, $ 7,828.6.'!0 14.285 19,951.893 20,034,515 19,009,379 20,029.552 4.997,600 4.997.600 13,(!24.000 13,024," 00 <i84.300 4,997,600 13,027,321 .347.491 L;,nd inorig. notes (iS7,20il Current accounts Rentals Unpaid dividends 31.0.079 140.71-0 430,918 15.817 99 765 15 817 122.4(;7 83.954 74,635 9.387 129,990 Sui'i'LE.). .\ccrucd interest Credit balances .Miscellaneous Pn/htand 3,073.900 288.>'50 3S5.no 248. ,531 4.997,000 13,627.321 6Ki,3 423,377 - 1SS3 84. $ 14,533.65» 1.'. 49,367 64.284 8,892,ac5 halaiicc:s and loss Stock, 130,329 124.412 112.379 9,087,053 .. on hand. Debit 35,803 879.388 209,032 271.019 110,509 04,595 9.6o7,096 Slocks Ciish 190.123 108,783 1881-82 $ 7,7f4.127 $ Ac 181.538 01)0 07,3 1 7.080,883 1880-81. Asscfs— Mateiials. luol, 197 BALANCE AT CLOSE OF EACH FISCIL TEAU Railroad, Tuiild'gs, Ac. I>iuipnient 159,-/ 27 084,300 323,944 58,009 1.5,817 82,36(V U.OSl 8.843 74 379 123,926 17-2,7»6 loss Total Uahilitles.... 1883-4. 18.S2-3. $l<J3,a80 ]rlntere.'^t. 1,264,008 19,951.892 20,034 515 19,969,379 20,029,5.52 Maine Central Kailrond Company. {)S^t earnings .JOlher receipts Tot.ll 1,273,676 (i( Balance S $ 1,110,110 Note paid ISCOME ACCOUST. liti Receipts— $ 1,124,603 Interest : " — 1881-82. (For the yeor end''ng September The report says: 30. "While the gross earnings l'^'84.) iiave been less, there has been such a reduction in operating expenses as to leave a larger surplus than the preceding year. For the first nine months of the fiscal year freight earnings uere reduced Botli freight and pas$78,703, and passenger earnings $1,815. senger earnings commenced increasing from that date, so that for the year, the freight earnings show a reduction of $66,116, and making thus a gain in the last three months of $12,675 over the corresy oudiug period last yeai-, while the passenger earnings showed .an increase for the year of .lf>50.30li, making thus a gain in the last three months of .'?53,03I. Tliese gains in the last quarter of the year, especially in passenger earnings, are attributable largely to the opening of our Mount Desert branch, upon whicn trains commenced running regu- June .33, 1881." . The following statistics for four years have been compiled for the Chrosicle ROAD OWNED A:;D OrEEATf:!). larly : Miles owned. Miles leaded.. Total operated. 18<0-81. 1881-82. 310 46 10 1852 83. 3^2 161 l;8:i-84. H(>3 351 330 4s.i 524 363 161 J^FCKMUEB 18, 18 5^1. THE (MIRONICLE. J OrEHATIOSa AND Op'r<il\oHS— IMSo.-jl. IISr\I, ni lS->) 2S.ri Fr'I (Iciii^l iii()vral . Fr't (tuns) iiitloatrn. Riit.'pr, tiiiipr. iiiHo 36.(l!l^,24:l I i,v!;t;i 1,11 11 '.•7 rlH. ^'75 iD.dl:..!!;!! •J'4'J •.'.'i;i (•t><. ( t«. ot». 75><.!);iT 61.a:<'J i>il.< 2-30 et». 91.117,207 $1,1(>-,113 l,.'.ll,or,l i,I7".hi.'-. 14:t,ll.-) 777.'l'-l> 0S,7Ha,«81 38,t<(>i>..M8 'J^letn. — rls. ."."itl,l«« Sir),!)!!! J,'iW.:i-'o l,i:>(>,9;i7 jTi :iii:!,ii.")r. iT.itiKi •J-.'id l<r»8-'<l. i-ts. 2'-l'-' Kamlniis rii»s.>ii«i.>r $772,833 Frolsht Miiil, exprc«8, &0... l,()0;t,S.-\l Total ifroon rnriiiiiKH. Kxpou«;» uiul uiicH. if 1 ,S77.079 ti>2,077.0(»4 Hl^ysO l,3u9,373 1,2-.'1),357 f2.s:iH,.|04 1,8311,707 $2,«IB.:i73 ^03,787 $1,005,1 U3 ~$b»7,722 ~$717,721 INCOMB ACCOUNT NcteamlngB Retcipla— $717,721 5,368 «{(-17,722 8,li56 Tolol Inooiiic... — 1,7.")0.710 1882-S3. $91)5,787 29.121 $1,0(!^,()(;3 SG5G,378 $723,089 $1,021,908 $1,070,081 $.'V1,000 $".4,000 $182,958 Sli^O.OW) 570,460 5(!9,."i42 (i4i.l40 (i01,39."> 71,822 197,522 21.'),53J $695,364 $27,725 $1,024,626 $1.0HS.927 $10,i57 rsriiifu Is ti Rcntiils liiti lent luilil Immls... oil niviaoiiiU Total $624,466 $31,912 <ll.sbiii-8c'« BiUauce $282 GEXKIIAL IIAL.VMCE HMGET 8ErT. CO. .i Cush on hand 1<I7,170 Ac 18i,33C 15,554 1 any of the land BnfValn 412.4P5 2,33i 413,147 1J,719 262.211 10,078 lines, New York PhllndnlphlB.— The stateinent for liO, 18H4, htn been fnmished to the ft the <|iiarter ending Bopt. C'HKo.vuLK, as lollows fJro>« panilnirs Upci-ntiiig irxp«iiw« W31,80t, 4l4,t<0<l Net ^.'47,009 Total ineoinu r-l'x.C.^jl' onrulii);8 liicoino lutorcHt and 2",!).')8 .i......'.i _ oiU- r payuiiiuta 2.'.;<,6<»l.r Balance $15,318, Canadian Pacinc— Of the 125,000,000 of the Canadiiin Pacific land grant bonds over fO.OOO.OOO have bet-n reilefin and canceled by the «ile of land, two million"! of doll irs are deposited with the Finance Department of the Government as security for the execution of the contract, and $10,00'),OX) ar» lodged in trust until earned. The balance outstanding is'' • under Assels— 1882. 1 S83. 1884. 1881. Eciliond liUlgs., &e. $10.01.i.642 $10,014,878 $10,049,779 $10,050,970 l,ti.")l,991 1,651,210 1,676.210 IClillilulli lit 1,6.'^2,141 7GS.rt33 708.3 <3 Aiuli'M<if.'iiii;<l,l(a.<e 76'', 333 76t».333 Stks.niiill.ils.owiiPd 24,700 9,700 7.".9,70O 20,000 Bills nmlDtliiroccU. 114,017 229.495 UO.lCl «3,618 l,OO0,0l)0 1,01M).000 Kumii'u iX.A. lease 267, S92 200,919 Car l>milia«» lU-ct.. .....' AilviiiiiC-< MatiTi;iI.t. fiul, & ( ». possible. The B. B, &. M, receivers have twen nuthori/.certiflcaten. Manajijer Ward, of the Bi-i.h n II noil ncos that the cablu will,tw operutuJ juit:p4uJu<iUy.uf 1883-81. 10,121 | i- The Other 1881-82. 1880-81. Net enrnliiKW OtlMT rcci-li>t8 r>t.s7* 100,3U2 $80.">,98» 1,0(17,710 liy,!l8« .... ..1 ...... 1.....^, '' .. l-'sjsa. !I31.7;H "(ii),H4 PuH.i(>ii«cii«<-i\rfle<lriism>ii;,'cr mii.iiff.. Unto pr. ii!)K pr. iiilUi lly one, and inMni"'-—" i,.employes of the com *III.T'<. "i-i. fiRT $'3,000,000. rhioasro BnrHiigton following circular & Qulncy. —This company $12,751,167 $12,827,809 $14,481,197 $15,100,144 Liabililits — Stock '...'ff ' Allotliiidius ami $3,G03.SOO $3,603,300 8,72(»,0J3 8.719.391 53,OC)l 362,152 $3,603,300 $3,603,300 9.7O0.t;o0 10,491.(«)0 l,(':>i>.3ir> 14i>,966 120,982 S8l,OS3 121.401 374.,793 loss Fort Worth & Denver City.— A statement ending October $12,751,167 $12,S27,809 $14,484,197 $15,100,444 Total New YorkProTidenco & Boston. {For the year ending Avg. ' : EAl:XIN(.S AXI> EXl'KSSKS. 1580-81. $522,701 188'-82. 18S2-83. 18^3-84. $562,000 $.'^(>-i.765 $<i33,241 ,..„... 306,072 4^<2,808 .i50,iil3 08,8b2 70,842 8106G 'Total si-os« oiiniin;:s..$957,7l8 ' OlK-r. 0X)K'I1S1--;. juO lid:- $I,0Gi,(i50 $1,13;!,M1 T.iiru'tuHs— FuigUt Mil}!, e>pl-e5S, *fe..:.-.^.'. ^ taxca .173,3V7. 78,«:)2 r-! ,1 • .",: :',0 -' 002.173 690,571 711,30o 7i:7,^i55 $365,215 *»7i5.079 $4ilU,139 $137,073 18-2-'3. $-11 9, ! 39 lS-3-84. . sut'iilus for the yea^,( has been issued as follows: „ $172,162 ,,,... eamings Dclober 31, 189S .i. •( 25i, 100— $221,^92 g&IWA '..•:.'... 1881.) 31, "The contract under which tlxis company has been operating the Pawtuxet Valley road since Jan, 1, 18-80, having nearly terminated, a lease of tliat property, subject to your approval, has been taken for 99 years from July 1, 1884, this company assuming the interest oh the bonded debt of one hundred and sixty thousand dollars (viz., $10,000 per annum), and agreeing to pay 1 per cent.on the capital stock of if 100,900." Below are the earnings and income for four years Pnnscnt'er 81, 1881, Gross enrnincs Oporatiii"; expenses Add Tlie annual report of thie company, commonly known as the Stonington Railroad, has just l)een issued. The report says: "The a]i]iarently large increase of local business arises from the fact that the gross earnings and expenses of the Pawtiixet Valley branch are included in.tliose of the main line, instead of the net earnings, as in previous reports. Ko dividends have been received JFrom the steamboat company, that corporation having exjiended a large portion of Its surplus earnings in the constraction of two new freight steamers. .'couatiucUuii • : . cciiiinon BoiiclK(8c<sipPLE.). Piotit issues the. Unlil Dm. 20, 1<*81. snbsorlbcrg to new stock under our clronlfti" of ' April 7, ISM I, »r« hereby nlven the option to make their tim' :-'i* rs er inelosed notice and rt-ceive cortilloates for their uew ^' propoited; 188>, i*s ort)ftnnl!y or to receive, on npplleaflo i. m for such proportion of their new stock as th y may have imici i". :>iid to di'frr the payment of the amount still duo uuiil Jiiue ',^0, 1885, M> which time the balance of the stock will bo dulivereil. liitnrcHt wlH 1>« ! chai'Kcd on such deferreil payments at the rate of thn cent) jier auuuiu, and credit will be Kirea (wlUiiur dividend^ oc other einoltiments which may accrue \t . 1884, and June '20, 1S8"<. on the uodoliveied stock, the »,imu as u u uaO. •' been paid for and delivered. ' T.tnl 1 Less coupons December, 1883, and June. Sundry expeuses..., Surjilus Ootobei'Sl, $3tO!588'* !' $1 13,10'» I7,i;35— l61,03Si 18.^4 . 1?84 $l4.'>,oily Lackawanna & Pittsburg.—This company, Iietter known ittj New York as the Alleghany Central, prior to its consolidation,, has been embarrassed, and a receiver lias been applied for. At' the office of the BufT.alo New York & Pliiladelphia Railroad it was said that the bankruptcy of the Lackawanna & Pittslmrg Riilroad did not affect that company. The Lackawanna ^t Pittsburg had been granted, under contract, trackage ri,u'''ts from Lackawanna Jimctton to Xewcasth', Peuu., a dist.inct of. some ?00 miles. A small balance on this account was due ajjud^j ,' unpaid, but the amount was trivial. — Haiihattiin Elevated. This company his settled all backtaxes with the city of New Yoiic by payment uf $1,285,638.1 Tlie ohtek was received in settlement of the claim of the city .igainsi the elevated railroads for taxo.? for the years 1879 to i.^ 1881, inclusive. It represents tl)o amount which. decision of Judga Pratt, the city was entitled to the elevated railroad.? and intefst on sudi amount. .; of the setthment Comptroller Grant sdj: j " This si^ttle? the long-continued litigation whici 1 the decision of the Court of Appeals thut taxi levied upon the structures of the elevated railw.i Th b lx;ing determined, it became, necessary to i*c«r-j estate. tain just what was due, and this was settled by Ju ige Pratt's < i ; ^ Net earuiufrs i IXCOJIF, .VCCOOMT. 18(^0-81. 1881-32. >- $355,245 $375,079 . $457,675 ' 240,000 78,402 240,000 240,009 81,994 240.000 nis. .$319,304 $31^.402 $320,280 $321. ••91 '.-...$35,941 -^SfSf— 7,9,3''4 1 JJiv.,. Total Balance, Miiiiliis " 8O,9fi0 ; ;- ; - -. :=i decision."' ' ta'ile - .'>tinctiiic 1»!73,....,.. -linctiiic 1879 ,.. .«^HlCM!!-i' lf^~''> .Jialiiinore ;*""""' & Qliio.—Thia company has nesrotiated a losnof by its Pittsliurg & Coimellsville line, 1 " from (he Times sho'vg the basi.^ upja, wbic'i the settlement whs eifecie'l. In the flrstcolumnj.9 d{«f; cliura ter of the proi-erty on which tlie tax ^aa levied, in the second tlie year, and in the tliird the aiii"ii;,t of t!u' ta\: for each year, including interest aggregating Th' following Xrf Melrofolilat' £htate<i Jtanmtul. GENESAL INVESTMENT NEWS. li. •'r ' r ; 1 IVson.t' Slinclin H Y'n ' - ... Ml -in -tr .. 117,3-(l 10 I . -; . eaniiiig capa'iiy in exci ss of all Hm .. 111,537 53. '•2! -;:•• the past few yenvs. Tt is iitiilerstood 11:- 1.1 i by I ma puiti iiew Yirk liluwiled lUi>i^U« luidut' -jli.x j wasni.ide inorUerlox«-pay the Baiti morn Ohio that the loan 188.187 41 piotcat, iu 1870 and 18=0 OU structure Company for heavy advances made -this liiio during the iiaut few years, and further to enable the Pittsburg & Coanellsville. $1,285,533 51 ^ BaUiiCorald Road to acfjuire such addition.il connections as wll' greatly New York Chicago ft St. toni!".—The following statement strengthen the Pittsburg Division of the Baltimore & Ohio Railroad. The bonds will uwtiuc in forty years, and thwy has been furnished-the CHRONiCLBfoB -the year fending Wept>J " ^ bear uiterest at t^.' i-ni. ,,f ., i,:.i- nni .,.1,1 ,..-r m,,,,;,,,.. Xhe 30, Miles operated at end of fl' cal year 523 <BL .>n & loan is taken by "!' t!ie Oi-oss earnlnas fioiii operations;..'.. ..v;,iji;.'>"::.":.".::.'.".':.;i.".^8M?lMU Co. and a s\nv;; t a I.irgft ;ig . - - : & > WH: ' ' I . - i ' Iwnds will 1m> otr.;re.i in London. ^ Bankers' & Mrrchaiifs' TpI.— The courts h.ive aiiuiesced in the final ilissolittion of the agreements between the Postnl. M and B. O. telegraph companies. The dissolution is a B; & & OlierattUK v.xiiensea anil Xet earnings Dlvidead.'i taie»...-......'.i.\.'.'..v.'.'/.v.'.".V.'.V... .....'...^......,.......,^^.,,.i«^j<4..... ,..'g..,'..,j,,,,....^^,y,^,^^.t.. on tuvestmcnt* ToMI tncomo ..TTT z.S2z,?W $.>7-t.*BS " '^•. 2 THE CHRONICLE. 682 Payments — J^Itje 1,339,105 Interest ou debt ?], 355.993 i);3JO,411 Total payments Deficit for year Ntir York & New England,— At the recent election the wliole ntimber of votes cast was 153,363, and the result was a victory for the present management and Receiver Clark. Tlie vote cast for W. T. Hart, the President, was 103,288, and for Colonel Jonas H. French, the leader of the opposition, 69,080. FoUowino; are the names of the full board as chosen: William T. Hart, Boston; Charles P. Clark, Newton, Mass.: Francis L. Higginson, Boston; Eustace C. Fitz, Chelsea, Mass.; Jesse Metcalf, Providence, R. I.: W. F. Sayles Pawtucket, R. I.; I I | J. closing with buyer.9 at 6"93c. for Jan., 6-98c. for Feb., 7-04c. for March and 7'10o. for April; and lard on the spot sold very — New York West Shore & Buffalo. This railroad company makes the following statement of earnings, operating expenses and net income from the beginning of the receiversliip on June 1, to Sept. 30, 1884 freely at 685c. $S3.2li4 Gro;s income from $i7,337 all for hams. ;i.072 sources the G7.169 13.121 Western and and mess 6@7c. Pickled for prime Pork ij dull West The slaughter of swine at the principal points of numbsred only 1,558,930, against for the season 1,839,000 for the corresponding period of last season. ...*20.95.5 ;S3.113 Interest 7o. Beef and beef liams remain nominal. Tallow U easier at 6 1-16@ CJ^c. Butter has shown a downward tendency, and creamery is quoted at 20@ 29c. Ciieese is very dull at 9® 13o. for State Deductions from income Taxes Rents paid city, be quoted at $13 50. Bacon is dull at cut meats have bsen fairly active and close aboat steady at 6?8@6?4C. for bellies, 5;^3(a5J^c. for shoulders and ^}i@9f^c. 1. '213,720 ct.) prime may $1,297,981 Net earniDfCS from operation Income from otUer sources for 7'30c. for refined for the Continent. : Gross earuinss Operating expenses (93 per Fhiday NianT, Dec. 12, 1884. Trade continues about as last reported. Failures among interior mercantile houses and bankers have been quite numer ous and important. The text cf the new commercial treat between Spain and the United States has appeared, exciting much comment, and provoking a growing opposition to its leading provisions. The speculation in lard futures has been active, and generally, under very free offerings, prices have had a downward tendency, yielding to-day to the lowest figures of the season, Kingsbury, Waterbury, Conn.; George G. Haven, William Seward Webb, Cyrus W. Field and Russell Sage, New York; George M. Rice, Worcester, Mass.; Robert C. Martin and Chester Griswold, New York; Stanton Blake. Boston; William B. Dinsmore and A. J. Leitli, New York; William A. Tower, Boston; George M. Landers, New Britain, Conn. Frederick XXXIX. C^ammercial ^Huxes. COMMBRCllL EPITOME. $26,888 Rentals [Vol. $20,117 factory. Net balance Brazil coffees on the spot have been inactive, but fair cargoes The balance sheet shows $70,000,000 bonded debt, and on the other side §17,019,333 "sundries,'' each of these items on Rio are still quoted at 9j?^c. In options, however, there is the two sides being understood to include $10,000,000 of income some decline, and at the close of to-day's exchange there were bonds. The total amount of income bonds is 130,000,000, of sellers at 8c. for December, 8"10e. for January, 8'25c. for Febwhich a considerable part has been used as collateral and the ruary and 8'40c. for March. Mild coffees have sold very fairbalance is held by the company. Ohio & Mississippi— Italtimore & Obio.— A lease of ly, but generally at concessions to buyers. Raw sugars have Ohio & Mississippi to Baltimore & Ohio has, according been moderately active, and fair to good refining grides are to Baltimore reports, been effected, and the latter will still quoted at 4J':^@4J^c. but to-day the market was dull and far So as operate the former at an early day. unsettled. Refined sugars are quiet at S^gO. for standard "A" information is at present obtainable, Baltimore & Ohio has agreed to operate the leased road for 65 per cent of the and C''sC. for crushed. Molasses in some request from the gross earnings. How the remaining 35 per cent will affect trade. Teas have been quiet in the regular way, but we notice Ohio & Mississippi stocks and bonds is the next consideration. some speculative revival at full prices for the early months of By the plan of re-organization adopted in October, 1883, 1885. $16,000,000 fifty year 5s were issued, $13,000,000 to be reserved Kentucky tobacco has continued quiet, with prices more or to take up $13,873,000 outstanding 7 per cent indebtedness at maturity, of which only a very small portion has matured, less nominal at 73^(a8>^c. for lugs and 8J:i@13c. for leaf. Seed and the balance used to pay pressing liaoilitias. The capital leaf has sold more freely, the business in domestic aggreof the Ohio & Mississippi Company consists of $4,030,000 pre400 cases, 1883 crop, Ohio, prigating 1,265 cases as follows; ferred and $30,000,01*0 common stock. The preferred stock is entitled to 7 per cent cumulative dividends, none of which vate terms; 200 cases, 1883 crop, Pennsylvania, 8@ IO3. 130 liave been paid since March 1, 1875. The fixed charges are ap- cases, 1883 crop, Wisconsin Havana, 16@33c.; 120 cases, 1883 proximately: Interest on $13,000,000 7 per cents, $910,000:5 per crop, New England, 13@35c.; 200 cases, 1882 crop, Pennsylcent on $3.C0O,0O0, $150,000; dividend on preferred stock, 7 130 cases, 18S1 crop, Pennsylvania, 5@llc.; percent, $380,000; total fixed charges, $1,340,000. The aver- vania, 4J^@ lie. age gross earnings for four years have been $4,331,592: 35 per and 85 cases, 1883 crop, New England, private terms: also 300 cent of that amount would be about $1,480,500, or $140,500 bales Havana, 70c.@$l 10, and 150 bales Sumatra, $1 30® more than the fixed charges. $1 60. Pending action upon the recent treaty between Spain Union Paeiflp.—The following table shows the ¥^nion Pacific and the United States, the tobacco market is quite unsettled, land sales for November and since January 1, compared with the trade entering actively upon its discussion. the same periods of last year The petroleum speculation has been less active for the week 1884. 1883. Novenibfr. Acres. Amount. Acres. Amount. under review, and the decline noted at the close of our last has Kansas Division 71.984 $214,143 l-i.lOO $77,721 was at Union Division 4o,t49 83,867 113,003 316,669 met with very little recovery. To-day the opening 73,i:^@73)^c., followed by a drop to 71c., from which there was Total 117,833 $318,010 127.161 $394,390 a partial recovery and close at 7353C. Refined has remained Jtm. 1 to yov. 30. Naval stores Kansas Division 446.694 $1,873,792 248.111 $1,170,065 steady at 7Ji@7j8C. for standard test in bbls. Union Division 4,207,969 6.430,865 741,153 2.320,910 have been dull and drooping, and yesterday spirits turpentine , ; ; ; : . , . , Total 4,654,C03 $3,304,657 989,207 $3,190,975 declined to 31c., with sales at this price on the spot and for Western Union Telegraph.— The directors of the Western December, and common to good strained rosins are dull at Union Telegraph Company declared a dividend for the quarter $1 30@ $1 37. The recent decline in hops has caused importending Dec. 31 of 1J| per cent, payable Jan. 15, 1885. The ant failures in the growing district of this State. corrected statement for the quarter ended September 30 shows that tlie net results of that quarter were overestimated $244,466 by the statement made Sept. 10, so that the surplus for the quarter, after the payment of a l-'4 per cent dividend was only $1,733, instead of $246,190. For the quarter to end December 31, the estimate of the "net revenues" is $155,431 less than the actual for the same quarter of 1883. QUARTER ENDI.SG DEC. . Netrcvenne Deduct— $1,655,431 Intereston bonds Sinking fund $106,421 dividend for Sept. 20,tJ00- 114,000 $1,529,010 $1.35B,000 (II3 p.c.) 1.199,837 30 Surplus of Dec. 31... — Estimated. 1884 $1,.500,000 (l^p.c.) 1,399,793 Surplus for quarter Add surplus . $124,000 20,000— 126,421 Net Incoine... I/esa 31. Actuat.lg93 ... $129,217 $l5fi.l<i3 3,841,715 4,159,190 $3,970,932 $1,313,353 Metals have generally been without important change, but some of the Pennsylvania furnaces pig iron has been reduced $3 per ton, to meet the competition from cheap Southem iron. At to-day's Exchange, pig iron was steady at $16,i^@ $16^4 bid and $17 asked. Tin was easier and unsettled; 10 tons Straits, January, sold @ 16'10c. Tin plates are steady at at $4 47i^@$4 55. Copper is weak at ll-35@13o. for December Lake. Lead is dull; for domestic 33^c. bid. Spelter is steady; domestic neglected; foreign 4"75@4 90c. Ocean freights have been rather more active in the way of grain room, the shipments having been quite free at 6J. to Liverpool, 5i^d. to London, 6d. to Newcastle, with charters to Cork for orders at 4s. 10}.^@5s. hence, and 4s. 6d. for January Petroleum charters have been withloading from Baltimore. out especial activity, but late business includes crude to Havr« at 2s.6J. and refined at 3. Si. to Antwerp. December THE CHRONICLE. 13, 1(84.] COTTON. Friday, P. M.. Docomber The Movement of the Chop, 12. 1884. bvour teleicrani* For the week endinR as indicatod to-night, is given l)elow. this evening (Det;. 12), the total receipts have reached a8U,4.57 bales, against 3T0.:jtl0 bales last week, i8l,0<J3 bales the previoui week and 'J.")8,774 bales three weeks since; making the total receipts since the Ist of September, 1884, 3,071 'JOS bales, against 2,0GU,t):U bales for the tiame period of 1883, bhowing an increase since September 1, 1884. of 104,277 bales. from the South On thipboani, AT— DEC. 12, , RereipU at— Jfo». Sal. Orlrans... 17.016 21,129 10,713 Mobile 4,019 3,539 2,501 Florida Bavannnh 5,2.M 0,193 7,714 Thur: | Fri. Total. 3.221 4,080 27,605 132 91.943 18,817 14.067 35.829 132 8,356 18.436 19,063 1,353 3,431 3,951 14,067 4,238 0,183 6,230 527 4.004 4,819 3,402 ludiaiinlit, dio. New 1 3,838 4,856 5.293 6.377 OalvcBtoii Wed. rite». Briinsw'k, 4c. 527 23 202 ;25 Charleston Pt. Royal, &c. 3,089 4,788 2,500 WilnilnKtoii 1,154 96i 783 1.021 1,011 698 4,604 5,913 5,915 4,265 5,479 l.ltO 6,841 18,131 lis 053 1,272 1,034 ... 603 645 466 516 268 839 PlilladeU)'a, &e. l,tiSS l.ll 63 113 'Vg 2,100 2.146 5.833 1.100 36.017 18.131 2,705 3.621 2, ICO 4,212 81,«43 289.1.'-.7 f.25 MoreU'd C.,&c Norfolk Wos-t Pdliit.ic New York Boston .... Baltimore 11 Tot.al9tbisweck 42.491 .53.026 35,6^(1 29.»fil' 43 6.'5ll For comp.anson, we give the following table showing the week's total receipts, the total since Sept.l, 18S4. and the stock to-night, and the same items for the correspondine' periods of last vear. 1884. Jieceipis to I December 12 Stock. 1883. This \SinteSep. TTeefc. 1,1834. This Week. Since S'p. 1, 1853. 1884. 1883. 78 469 130 326.892 121.776 129 412.290 61.419 I Galveston Ind'iiola.Ac 27.665 132 New Orleans. 94,!143 ... 31.602 157 866,7GS 103.249 110,711 16,798 47,664 1,390 540,080 32,029 192 8,331 332,278 18,301 2,080 2.500 3,70ft 75,499 6,723 978 366,751 39,287 194.456 11,597 13,738 6,473 39,512 11,979 3,596 487 375 15,825 e..52« MobUe 18,317 11.067 35.829 Savannah 527 Br'sw'k.&o Charleston... 23,202 Pt.Koj-al.&c 525 Wilmlugton.. 5,833 Florida M'headCic 1,100 Norfolk W.roint,&c. New York... Boston Baltimore ... 38,017 Pbiladel'a.Jtc 406.500 7.230 895,341 168.154 21,262 480,R23 318,616 18,131 2,7C0 3,r21 2.100 4,242 35,797 21,111 118,471 6,44.) 307,891 8,660 71,468 8,898 375,333 131,512 25,105 49,776 3,222 5.9{;i !2&9.1.57:i.071,':03 281.163 2,96G.93l! Total 114.320 87,696 39.585 410 260 21,015 21,526 83,199 7,443 116.791 6.310 22,579 11,890 85,396 Seceipts 13S4. Galvcsfu.ctc. Orleans. New Mobile Savannah OTiarl'sfn. &c Wilin'cfn. ic Norfolk. ,J:c.. All others.... Tot thl3 w-k. 27,797 94,943 18.817 35,329 23,727 6,933 54.148 27,2:3 289,457 31,759 103,219 16,793 32,020 20.801 4.747 50,931 2.>.893 251,163 1892. 282,015 ITjck 1 1830. 21.101, 78.913 10 037| 35.523 21.192 7.92 Ij Ewling D.'c. 18. Grerlt from— we 241,576 1879. Tblal neiit. Week. on 4,330 2^,827, 20,901 63,241 3.292| . Orleans I. 3,010 2,049 23.936 12.177 ... (>.108 17.828 CharlCHlon*. 7.118 1.U23 Wilmington. Norfolk+ 1.363' 2.8(3 4,88 < S.ial 40.031 2,143 6.341 SI.'.Ol 48,030 16.010 5.87» 7.558 York.,. Boston Baltimore . . Fhlladeli>'u..lkc Total. 18H2 Sept. 1, Great 86,611 , i.esi 123.607 5.731 5.87a 101.112 01,317 80.437 174.214 180.173 40.S08 7,532 1,031 10,847 282,001 14,302 2.50.030' v82.1»,3 igC. Ordin'y ^tt) Strict onl.. Good Ord.. 2J8,490 O'd Ord LowMidd'K 11 lO^i,) . MidiraKair llH. 11% 11% 1214 12S8 26,507 Strict « 8.5ii.2fM 181 in the Ord Goo<l or.l . im 1138 ll>a 11% 1 '8 11»B 12 12^8 12 Mj I120|i f-'Ht 9% 91,8 I'll. »--8 1 G'dOrd IO^h |10'4 Low Midd'g 10»,« ilufia 10% Str.I,'w.\iid 10% MiddliiiR ..iiois,, lO's Str. 126i„ 1I214 1 10'4 101»,« 10% 12^1 llC 12 1208 la's 12»8 12 12«» Fri. Wed Th. S'S 96,8 10 >8 8I5h S's M'lg Ib's Sat. 93, lja,g I non Tne* ^Ved, Th. 8>4 f% 8% S^ig O'.g 8!»ia O^g l<% 9'»jg O'g O'g 'l038 llOt ^\0^ '107i« I lx>w .Middling I I Middling UARKBT AND I in. n'« ll»B 12 S'ho' S78 93e »»i6 I lb. 9 67t« IOI4 lO^g IO'b lOl.a 11>« ll'lg Fri. 878 9^« im im lo''« * 9 b'lg O'lg I0>8 10'4 10% 10>s 1(.% lO'g 10l4,g 101|g llVt ll»fl 11>1« 117., 10>s 10»H llllo loum iO"' « ICi 10 "-i H,li_glOl3;»1101:li., 1013,, lOi^ta 10i3,a 11 11 !1 11 II 11 113|g Ill's ll-^M Uifl n«s 1138 11^18 l-.ag 11% 11&, u»,« IIK., 1I>* UXjfl ll^l ii>« lU^igllTa 117, ,ii»,fc ll'« ii'g Vii^ 12«.„ 12', 129„ 121s 121« STAINED. Good Ordirary dti lot Good Ordinary S-'a 9',« 1014 lOSg lO's ll'lg llVl ll'lg 11»8 Wed Xh. JO'S lot» Goml Mid.. 11% lOiid ll'm ll'* 8tiMi'd Midi 16,6 lis MiddVFairlli>,j uSb IIOh Fair WOH 10% [lO'g 101^1, lOIISie ll'.fl 1114 11 103,e U'le ll'lg \0H Si's «15,J 978 . 97,g 1C>U I S>4 9'5ig' 9% lu^ I Frl. 8>4 0l»ig 9-% 10^ SALES. ^otai. 88.137 13e,S10 128.313 600.740 8.344 16.801 238.U77 loo.ieu The total sales and future deliveries each day during the week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a glance how the market closed on same days. SALES OF SPOT AND TRAK^IT. SPOT MABKET Ex- Con- Bpee- TranDeUpCLOSE*. porL tump uPfn sit. Total. Sales. trie*. 30,730 188.514 202.271 40.T»t ge.6i8 20.707 Qniet at "s adv.. bull and inactive Tue« Unll Wed Steady at''igde« Thura Qniet at rev. qu 1 Frl. . Dull :nd easy.. 1 20,57lS 8.030 ss.ooe 220 2.638 200.801 913 725 5,57 nent. 88.810 0.322 11.42 82.521 87.130 10 1038 ?l'll' i 9 »''« 9»,6 tOig ID'S 9:'i« W^cd Xli. Frl. 38.(;83 218,907 8% 858 8% 93,8 O'lB 978 10 IOI4 1038 lO^s l<''a Middliiia... lo'a .5lid 10' le Mid 11 '4 Ordln-y 1«84, to Dec. 12. 1884. 2.'43 I j Str.l/wMid lOHiglOHi- 4,763 7,071 15,803 17.40.5 on Saturday and a^ain on Monday. On l-lOs. Yesterday there was a j 5,S9.5 38,077. 45,814 205,548 1,037,003 107,310 Total 188.1... 73.9U 13.0011 21.244 11 0.27fi. * Includes exixjrts from Port Royal. &c. Includes exports from West Point, Jtc. t . 80,279 — Fair 237.383 i43,»SI0 3,344 6S3,00.'5 33.337 further decline of l-lOc, except for some medium grades. To-day the market 5vas dull anl unchanged at lO/sC. for middling uplands. The total sales for forward delivery for the week are 1 .000,900 For immediate delivery the total sales foot up this week bales. for export, 1,386 for consumption, 1.75;5 bales, including 28,3Sa 22,634 3.335 5.3U0 0.300 Wednesday they were reduced 30,252 25,370 C'onlJ- (•ft.r.71 52,950 20.896 35.319 157.473 | 46. 1 1)0 3M,041 3 J. 053 111.404 ^l.SSH ao.24il 158,831 171.846 were advanced Good I 24.297 . for future delivery at this market. Fluctuations have hecw very wide, and on one day (Monday) the dealings exceeded in amount any of recent experience. There appeared on .Saturday reports and deductions therefrom which pointed to a yield of the current crop falling below .5)^ millioa bales, with .'5,418,360 bales the favorite estimate. An excited speculation for the rise followed in this market and at Liverpool, although experience h.-w shown that these reports and estimates have pro\-e(l in former years quite untrustworthy. The market continued to show more or less strength until toward the close of Tuesda}-, when a report that the (then) forthcoming Bureau report 5vould point to a crop of about .'5,800,000 bales; caused a free selling movement, under which prices ga\'e way rapidly, until they had fallen 21@ 28 points from the highest figures of the previous Monday. Then came some recovery, but yesterday the speculative spirit seemed to l>e entirely wanting, and a marked decline took place, although the rumors regarding the character of the Bureau report were not confirmed. To-day the market was very unsettled, advancing and then declining sharply with feverish activity. The close, as compared with last Friday, was at an irregu'ar decline for the early months and .September, and some advance for other deliveries. Cotton on the spot has remained quiet, but stocks are comparatively small and quotations Str. (I'd 40,091 11,573 I 234,5e.'5 11^500 41.500 32.000 39,528 sfieculation in cotton 17.773 BrltaOi.]^""" 0.',327 The past week has witnessed unusual excitement 2!, 006 20.157 Florida New Tjital 20,083 None. Nona. 3,200 10 800 None. 22,«(i0 1,300 11.208 None. 7,736 730 3,U.'>0 None. 2,000 80,901 141,098 ExporUBd to— CoiiUI HrlVn. France Mobile Savannah Total 1834. Total 1883 59 967 27,701! From 1.300 7,300 ., Other ports... 27.039 74,204 ?3.H0| Exported to— Exports , 968.20(! 1.169 7C1 18S1. 37,112 74,336 13,342 35.915 21,133 7.2S4 50,019 19,792 ., Ltavlma mock. Total. tette. | The exports for the week ending this evening reach a total of 30.'),.i48 bales, of which 12o,(ij7 were to Great Britain, 30,077 to France and 45,814 to the rest of the Continent, while the stocks as made up this evening are now 9f>8,'.;0() bales. Below are the exports for the week and since September 1, 1884. New Ualventou.. Nojfolk New Vork.. Coast- in transit. Of the above, 600 bales for speculation and were to arrive. The folIo\5ring are the official quotations for 6,1.15 each day of the past week. 22,910 UPLANDS. NEW ORLEANS. TEXAS. 10.503 Dec. 6 to Dec. 12. Sat. Moil Tncs Sat. ITIon'Tues S.t. Mon Toea Since Sept. 1. 3071.208 2966.931 29.01.369 2825.634 3 119.634 2!-01,916 Galveston liieluiU'S Imlianola; Charleston innlxid''.fl forr Ro.val. Ac.; WllminKtoii liicluiles Morehea<l City, &c.; Norfolk includes West I'liint.iljc. Galveston.. Savannah 3(57 may 188y. 40,003 7.»tO 15 000 7.100 20,770 40,930 .., Str. «/— Other Frat\a. Foreign BiUain. New Orleans. Mobile CharlCHton not eleartd -for Ortal 223 512 be made with other years, give below the totals at leading ports for six seasons. In order that comparison C83 in addition to above expora, our t«l«fn^in<* to-nlKht alH» giTo lu the following amounta of cotton on shiplxjard, not cleared, We add similar Hgures for New York, 4t the ports named. which are prepared for our special uae by Jieaar*. Carey, Yale St Lambert, S9 Broad Straet. SU,S2S 1,849.239 4no .i.vi 1 .r,'>n 4.52 I Sat. Mon Totft' • 102 213 200 233 477 1S2 300 1.386 367 67 169 I70,90a 1,000 213 2o3.100l 1,000 209:122,700 300 533 134,100 300 500 477 100.000 300 152|201,100 1.7531 3.400 l.O**- ,1100. The daily dellverirg given aboTO aro actually delivered (he anf pre%iou8 to that ou vhioh they are reported. THE CHRONICLE. 684 The Sauks asd of Fdtubes are shown by the foltow- Pricses ing comprehensrea tablo*. In the statement will be found the daily market, the prices of sales for each month each day, and the closins bids, in addition to the daily and total sales. O>ooi5r C^floiS. o>paii» Oh) saEg' sis.^ sI^B »fta)w 1« mo*'^ si UI oics ODOoe£; ^J A tJ S> u ^J ,. a. y Jo" : •So I 25 SB o — o ^ M o o a to a 0,700 Total Continental stocks 255,300 3-26,100 220,600 223,580 Total European stocks India cotton afloat for Em-ope. Amer'n cott'n alloat for Kur'pe Egjpt.Brazil.A'c.afltforE'r'pe Stock in Uuited States ports .. Stock in U. S. interior towns.. United States exports to-day.. 833.800 909,! 00 62,000 83,000 664.000 517,000 55.000 61,000 963,200 l,169.7ti4 313.079 365,736 46,000 21,000 829,200 8S,000 671.000 65.000 752,530 92.000 441.000 52,000 oo 15 tia 2 «c ? 55 MO 2 6cc cow ^3 ~ cbaf. r SS a I 1 W CO CO < ^1^1 2 C: "O 5 oto 2 tv or) CO ^ CDob 2 to^ c:c: a I c6c6 10: C039 Ch-cO M— 02 MM MM 00 to 5 99 o * 2 2 O03 c? S> V :o ^ OOCo t-O "M#.7 lit: t* CO » SCO' I cc MM [» cu 2 00 M to -1 2^ QOtOtf^'^ ToUl American CO M^^M MOM 10O_ 00 1 c=> 2 CpM , mMoO CmC-j »c_o MM p, co<|%jo: I Xm^_ ct t.- CO M O CX^"! a.-: I MO ® Total East India, Total American so: I •>.M MX M-. MM to. MtoO_ O SO MiOm"* ©to: to ^^ MM < O 00 ©Cm'' 1 t^ coio 2 *< ~i:;i s-j: I WM toloOcj MO " »»: I tOwCco CCi^Ccj a xo ^ wo* "> ©c: I (0' W 3" t: wOto M OJO a *: MMQtjM to I MtO 2 C *-M^ ^--^ I I At THE for the o O O lU > ».'-o: I s ^ -J -• A I < . O' 0( ft »*o; 591.200 420,530 2, 413.596 — Interior week and C3 J- U" 01 c ot ^.^ -i» I o in 5 ?? O, CI 2 «) 2 wm; ac->; ( T'^OM :n SI C-. .-1 Oc t" --J C. 03 M *H I Oo 5 »» *t I ^o CW MM I^>^ -1 OJ 3 ^ C3 39 I :. IS; I p to 2 "^ -:; »*- f? 0— CO excc-cj' — K*l-0'-' I-* m'— '-0 ^ ic y *- CO Sm„- tOM c. CO . : woo CI e» c.»;:c (^ tl^CO CO 01 Cli^ 1 M-i-c;o~-iccM <X J- «a 1 3; ; , ; : : — toit^^^-bs wx»t». . , :,. 1 j: 'cr jr t-i :;» — M to en CO lo x C ** wa.OD — CMi-' — >-'Occo<iyo*c.:ji *o- Vi':: .7r %'h: '^ ootu x V' t" J^ "b CIO Qc CO CO in ^ w :r — u r: ji en k5 c fX tv c ^ CO c; — to c ; r. c -^ 10 'r a: (C 0' *- t,: cc- -J3 :;;< II CJ' fl-- i-* -cp'J B- '^' 'f- - *.> 1 •;- C-T iP" i-o Lfc. 00 vT ^ C ui -J H5 10 C> co ^ CO onp totooc CO p £^-Oi^CJ'*J coo"C;<c to . topc;T_-i »-- Ct- -^1 1^ OD -^ (^ CO i bO CO t CO (>. to w *.p c »o to c o« c o tc c: 1- ^ C M - — C r- Ol O -1 C; ** i a h- w ^ til 00 CO Cji CO 10 " O' to M cc K/ a :; c <i w wM OD cs t!' M £ jO (1- -r^ I :- 1^- ' i»- r CO b Ci*--i3:MVobV cr '»-" C 1-- C cc ^1 'X c-: -J OC to CCTJC-CDCCCOCCtt-. :;• Is. —b Oi y> C CO 10 C C C'y'b*o.:&j'— fyi,^tfc.c. ; I CC CoO c9 o xOcjb I I to yi CCMMh-* "^^.V-t-**! 00 «0 ^ *- C p C*: CO coOa:o:»t.oo © Ml^ c.xicaip»-^jo-'co ^L-c:^ 2 I I «: I «: I 1: I S- M?P to ^ to -XVT.O CO to o to CO top -i^J- ^ p }= ^ 1- ,— ^'^ *#" b X -1 b to -J> c to '^ -xi X — :c C -1 1— i: CO l-i-t ft.* Ci/j '-c^ C '»- X~-J t9 UP *j -Tj CO 5 ^^~^>- lO ^I C a to Ci to M to Tc lb*-'— co^ io tcc-'rf-t^toin 01 t.; ^- to c »-* 1? ^oiCncoccCbOtoocco'-j-i'viiocxci^ CO "I -,0 S: w»r*w*-M »t-«iCT COCCI- oo»t.c*-^*-QD ;c"'-iMi:^ I 00 I to ^*^>;? — 'c;^^5 MTjcbobbb c-'Vb wV '-toc V 5 I p ; CO CO C5 : W « V. V 5 ; .... -1 I 1 • : ! l«: • J '^1 CnCJXCCtO 4i. ^-1 . , cr g bi'r.x'*!-. H— coo 15 M» CO I CO J tO^ CO . a. CD M "rf- ? . - to O ^I ^K- 1 0-1 #-co i»io: M M y, M 0.'<» 0(0 . oc"»c 'tc M" -4-j> ^-01 to to . yy^'r'T-^-}'''^ 1? li to'y t; 1- t U'- qo c. c tc M CXiiCC.KO b 1^ c c C' T ^ i; *i li K to £ to ^ cc tC to C. f- cc C -1 »- ^ C *J *4 IJ ^^ • C V< r- •..•" MM Cci(. : W CO o MM wto Mi! Id: '';' cr. 5 ^, ??. (» 3; - M MMoM MM M M I CiCiOo), 1 26,.^80 92,000 52,000 lNy,.'31o Or to; ^r^o":* ** »to: I 496,100 &0 3 tii "^ cji :ii I t::; . coo '^ « I O- I 468,300 2,473,-.85 2,635,51.0 2,191.232 6-J,000 71,600 11!.K00 83.000 65,000 1 1.1 I 55,000 119,800 r+- tew MMoM It. 25'),000 imports into Continental ports this week have been .,] •< M 2 s'm; I 113,000 37,000 209,000 50.000 83.100 88,000 61,000 4.i.000 — Ci'Ci'Crfl to^ cc 187,000 '^ -Ocj MM 397,538 19,300 23,9'JO Towns the movement th,at is the receipt since Sept. 1, the shipments for tlie week, and the stocks to-night, and the same items for the corresponding period of 1883 is set out in det-ail in the following statement. i t-rCM 1 ''il 83'.»,314 1,07,1,753 265,9^3 figures indicate a decrease in the cotton iu sight bales as compared with the same date of 1883, an inereaxe of 159,0.j;3 bales as compared with the corresponding date of 1883 and an inoreane of 107,909 bales as compared with 1881. 1^ e.to; I 8. '100 The above c WW 1 ceo (^ &;: I 2..'>i'10 3.1,000 Itales. to-night of CCCOiP. too MM tew uu 2 M*»|0"» I mmS-CjcCto SIM MM e«; I 108,000 -1(0 10 I CT. ,-M C3^ The 5^ 2 icto I c 2.090 Total TlBlble supply 2,942,035 3,131.600 2,732,1.32 2,831.176 5%.l. oi^iid. PrlceMid.Upl., Liverpool.... 6i3ifcd. 69ig(l, C#) MM^M 'T'tOM 390 .3-10 <tc.- stock London stock Continental stocks India afloat for i-Iurope. , Egypt, Brazil, Ac, afloat i.i venifwtl 'T'^roM 'M ) 1.000 131,000 2,473,285 2,635,500 2.191.232 2,413,596 Xast Indian, Brazil, ft": MM^LtM r'^i'oM C:00 :c6 cccCO mmOo O-Cm MtOCM CO! 6.>^00 ; O OC rf* - to 9?§" h-toM 1 COCc! 01*1 CO :).700 23,700 — 00 •-MX*-* 5^ cc to. o» o: ft I —M 3.500 32,200 39,000 Total visible supply 2,942,033 3,131,600 2,782.432 2 634,176 Of the above, tlie totals of American and other descriptions are as follows; Arnencan Liverpool stoeb bales 316.000 321.000 282.000 374,000 Continental stocks 166,000 238.000 109.000 102,000 Aoierican afloat for Europe. .. G'it.OOO 517.000 071,000 441.000 UnUed States stock 968.206 1,169.764 83l(,:>4l ,079.758 26.''.,9--8 Jnited States interior stocks.. 313.079 365.736 397 ,,•38 United States exports to-day.. 46,000 21.000 23,900 19.300 to; if--'i aw: I 5 2 MM§" OOo cco-i coOo »~ ao o to I CO ®io: ir 521,000 13.000 43,200 16,300 & S ." S' 2 -.'i-iOob tCM CO ** I*. 008,600 122,000 3.500 16.200 3.800 4,100 5^ OOoO coSo COoO ccoo 5S3,000 2,000 51,100 C7,o00 137,000 7,000 41,000 8,000 8,000 CO I 5 IS.OOO 1881. 159,000 4,000 34,000 8,000 4,000 -rob 8fo' 417.000 37,000 ).500 to I 18^2. 537.000 Ti.aoo 3,.oOO ^s^ § 1883. 533,000 50,000 700 C? < CjOioJ «*- = oo , .- 18S4. 503.000 45,000 1,400 hs ^;:^ I 00 bales. Total Great Britain stock Stock at Ilambiirg Stock at Bremen Stock at Amsterdam Stock at Rotterdam Stock at Antwerp Stock at Ha\Te Stock at Marseilles Stock at Barcelona Stock at QtMioa Stock at Trieste C-(S o ^ Thursday evening. But to make the totals the complete figures for to-night (Dec. 13), we add the item of exports from the United States, iticludmg in it the exports of Friday only. stock at Liverpool Stock at Loudon :-8c CD *;! ^ to ! ft iji ij/ Set) XXXIXJ [Vol. u tt- 2 >-• **' r-. i-» 5. I-" 111 ' '»- c-s CJ' "y fr* •>- a,aon-sicD&joiaiP-ociOK!f-cOvCtf-Ci>- --^ CO" to I * Includes sales iu Septeinlier, 1884. for September, 158,200 SepteraberOttobor, tor Outober, 121,800; Sei)teinber-Novciiibcr, tor Soveiiilier "'luipjoi, CO Transferable Orders— Saturday. ll-OOc: Monday,10-95c.; Tuesdsv iL-OUc; Wednesday. I0-9.Sc.; TUursday. lOToc; Friclay, lOB.nc. Short Notices for December— Monday, 10910; luesdav 'ittL, J. llOOp Wednesday, lO-Slc; Thursday, 10 73c. CO ; 582, 'iOO. M The following exchanges have been made during the week: 100 Mar. for April. •08 pd. to exch. 200 Feb; tor Mar. -12 pd. to exch. 100 Mar. for Apt il. | | -24 pd. to oxcU. 3 'o Dec fir Ma'-23 pd. to excUi 3o0 Dec. for Mar' -2 1 pd. to exch. 300 Dec. for Uuv. The Visible Supply op Cotton to-night, as made up by cable as follows. Tlie Continental stocks, as well as Great Britain and the afloat, are this week's returns consequently all the European figures are brought down and telegraph, ttiose for and is a w a' x 1? f **io- Vi cdV*-i^ "* CO C'b'cocn broccc.CocaDc;t(Xcch-^A-y»c;'XX3i 00 W 0' ocir -JCWJOCCO CD CO cj 03 p 'to l(*M^U'MM o:c.wV<ico -ICMOtr oto :OCCC rf».-30M 1 J. t^ o- c Ci CO CO u CO a to c t- - M c y 1 MM acjcoo-^to*f*jMCi; -J fid wcobbxMb»ob<i' oibbcj't(kii(iC0-JCCO»05-Jrf*:0-i; CM-jSi^OiXM 0: t'OMO'-tOCOCi'— -lOl. w tOtO So H OtOtOMMtO c ifc ft <-• 1 • ''11 pd. to exclt. 5 CO 00 p;"'«**Pr^/\?" rf*. mR- CO t^V><:0»-OXOtOT The above totals show that the old interior stocks _ ha-ve mcrea.«ed during the week 20,.5:33 bales, and are to-night 5-3,(5.37 bales less than at the same period last year. The i-eceipts at the same towns have been 30,493 bales /»'>?•« than the same week last year. an(l since Septeiuter 1 the rec(?i|)ts at all tho 1883. t jwns are 98,356 bales less than for the same time in December 13, 1884.J til '\w THE CHRONICLE. rainfall reaching \. ilie In xivc tho closing <|Uotatioas of iiiidtlUnK auj other priaoipul cottuu uiarketa for uuoli \vi) cutl' I aay oi Uio ytwii week. lerii .^i;^ Week eniltngl nee. 18. Siitiir. «.;:il\('^t<>ll ... Ni'iv Orli'iuii*. iU*iiUf^llV.'lllllIlll l<"i« 1018 10>4 .. , <'li:irh*!«toii . W'lliuiiixlou . J{ ill itlUlt'O. .. -AlU'Uslil JfW. l<'l. 10T„ 10i« iri>M 10'|<1 10 '.J I0>4 }"> l*'i« 101, 10-' 10 •« IC* lO'i 10'4 1014 inag 10% u>h« 10H9 11 11 10=8 11 U'g 10% ... 10 )« Ijouisviilo ... lll>4 10 ]01« 1014 lO'a 1014 109b 10 <g 10 >4 im iu% 1039 im im ,0.., 10 '4 10>9 10% 10% 10 14 1U>4 Reckipts from the Pr..vNTATioNs. — The following table ia prepare;! for the purpose of indicating tlie actual niovomont each vcn^k from the plantations. Receipts at the outports are sonietiiue.s misleading:, as they are made up more largely one year tlian another at the expense of the interior stocks. We roach, tUeiofore, a s:ifer conclusion through a coaiparativo statement lilid tho following. In reply to frequent inquiries we will add that the.se figures, of course, do not include overland receipt.? or Southern consumption; they are simply a statement of the weekly movement from the plantations of that part of the crop vrhich finally reaches the market through the outports. BECEirrS FBO.M PLANTATIONS. nVt* ' RiTi-liits at the Porta. 'Sfkat'lnterlor Ti>w»ii'llec'pln}>-nmPlrinl'>a. 'Endtttfj^ ISSJ. Sspt.ai... Oct. " •' •' " Not. " '• .. 13n,47i) . 18S3. la&i. 18S4. 1 laj.WJ 118, 463 I ISiU 3.. .. IT'l.vS! 103.401 IBS, 73 1' -a.m 10.. .. SW,I3« JSS.SO; »D.rt75 184,915 17.. .. 2-W3.USaT,27<J24J,,2S9|l2o,«W) ,802.»;o 21.. .. -': !.:;!••< 81 . . ?.. ., ,313 8i).-), 18^4. I 1SS3. ISS::. I 3«,lM153.n« 40,0 '2 105,778 OS.IOS ' : 224,111 »2,lijl 271.r, 1S.S4. liVS.mi 180,301 40,4H7'-;io,i:^ i37,.WfS 1 ;,i1i!3 :'.i')4 I ',s:i5 ; 3'.2,»i3 28S,,112 139,317 2,W.0Sa'!29,31l'230.1llii 2(>8,*il 321,009 J-.i.'i.'.SWlflSl 877.l70'l75,O9e »H,-«I 2<57,80l'257,nll|2U,740 27n.734'lB<).0S'('2»2,SflS 8S1,(M».<il)l.017 313,2-111 !7: 14.. ..|2.'<u,lol 212.07!! ;20y,,111 1:44,12a 343.!>'i,l a42.1lia22i!.-")lo'25S,,774 230.!7r>' .13y,-|S : ' —..979 ;.i.88 in 21.. .. «• 25.. :De<s. 6 ..'835.007 SS.lSo'atM. 0«2'275,700 S71.5F)4 2»7.1oai!;i,(i«2 23;,lk)l 3aJ,2S0 ..^«47,ni7aUo,lSt;27U 30>|29I37a 380,477,318,011) 202,09.1 277,397 f23,188 .. 8112.015 2S1. 10! SSy,,43;'2yi).528 410.249'335,4D '270, 107 304,932 3aS.*t9 " . 12.. J I, I — The above statement sliows 1. That the total receipts from the plantations since September 1, 18S4, wore 3,389,441 bales; in laS:! were 3,3-38,021 bales: in 1883 were 3,331,41-3 bales. 2. That, although the receipts at the outports the past week — -were 280.157 bales, the actual movement from plantations was 803.889 bales, the b.alance going to increase the stocks, at the interior towns. Last year the receipts from the plantations for the same week were 301,033 bales and for 1833 they were 270,107 bales. Amount op Cotton in Siairr Dec, 13, In the table below -we give tiie receipts from plantations in another form, and add to them the net overland movement to Dec, 1, and also the takings by Southern spinners to the same date, so as to give substantially the amount of cotton now in sight. — 1384. Receipts at the ports to Interior etodc-. on Oec. 12 lu excess of aeptcmber 1 Tot. receipt Net 1831. 1S8-J 318,236 361,0901 2,625,634 233,043 400,111 from planta'tus 3,389,414 3,32S,021 3,231, 412 3,2->.'i, 745 .. 201,252 244,1121 220.910 227,3.i.5i 78,CO0' 87,000! 90.001 70,0)0 to Dec. 1 overlaiiil to l>-eeiiil)erl eoutlieru Total im , -I 1983. Dec.l'.i 3,071. 20 < 2,96l),!»31i2,951,36a cousumpf n giglit ' Decemlier 12, "Nortlicm spinueiN' takings December VI 3,095,299 3,676,273 3.5G-J,521 3,516.055 to' 5Sfl.fi47 1 743.-3O1 715.713' S33.113 It will lie seen by tUo iibove that the iiiei-e.i.ie in aniniint in sl^lit to-niirlit, as eonip.Treil witli l.T-st year, is 19,02ii balcK, ns compared Willi 1S82 is 1:26,775 bales, and witU ISSl, is 178,014 bales, Weathek Reports by Telkqeapu. —The weather Little Roek, Arknnmi.—We hare had f>ut two clear dsyi during tho week. There wjw rain on two dajm, and Iha weather is now cloudy, with Indications of iinow. Tho rainfall reached four inches. Tho th»rinoinnter has averaged 45, the hlgh'«t being ."is and the lowest 34. Ituhnn, Arkatnia.i. We have ha<l rain on three day*, and the remainder of tho week has Iv^en cloudy. Tho rainfall reached one inch and fifty-four hundredthH. Thu therinometer has avera.?!:ed 49, ranging from 89 to 62. Memphis, Tennessee. It ha.s rained on four days of the week, the rainfall reaching one inch and eighty-five hundredths. We had light frosts on the aeventh, eighth and ninth. Tho thermometer has ranged from 40 to 01. Nashville, Tennessee.— It has rained lightly on three days, and heavily on one, during the week, tlie rainfall reaching one incli and tifty-pue huudrodilis. The thermometer has ^r- — 11 10^4 lOig lOlg lO'a lO'g 1014 10>» loa« continues to be quite favarable to the movement of the crop, and in consequence it is being freeiy marketed, Galveston, Texa'-: It has rained on tliree days of the week, tho rainfall reaching one inch and fifty-three liiindredtlis. The thermometer has averaged 64, ranging from 54 to 7'^, Indianola, Texas. have had rain on three days of the -woek, the rainfall reaching seventy-four hundredths of an inch. The thermometer has ranged from 48 to 76, averaging 63. Palentine, Texas. It has rained hard on three day.s of the •week, the rainfall reaching three inches and sixty-nine hundredths. Average thermometer 55, highest 09, lowest 30. New Orleans, Louisiana. It has rained on three days ot the week, the rainfall reaching one inch and eighty-five hundredths. The thermometer has averaged 03. Hlireveport, Louisiana. During the week the rainfall has reached three inches and fifty-five hundredths. The thermometer has averaged 54, tho highest being "0 and the lowest — —We — .")1, tho highest lieing O.'t and the lowest 32. Mobile, Alabama. We have liad showers on two days of the week, the rainfall reaching si-tty-six hundre<ltl« of an inch. The thermometer has averaged 58, ranging from 43 to er.iged — 73, . Montgomery, Alabama — 40. Mississippi. —It has rained on two days of the — It has rained lightly on three day* of the week, the rainfall reacliing thirty-eight htindredths of aa inch. Planters are marketing their crop freely, but many depots in the interior are still crowded. The season's receipts are estimated at fully 130,000 bales. [Reoeipts for the year ended Sept. 1, 1S81, were 113,453 b,ile3.] ranged from 40 to 73, averaging 57. The thermometer has — Helina, Alabama. The early part of the week was clear and pleasant, but during the latter portion we have had rain on two days, the rainfall reaching two inches and sixty-one hundredths. About all the crop lias now been secured and is being marketed freely. Average thermometer 52, high eat 65 lowest 33, — Auburn, Alabama. It has been showery on three days of the week, the rainfall reaching one inch and twenty-three hundredths. The thermometer has averaged 50, the highest being 70 and the lowest 41. Madison, Florida—"We have had rain on one day of the week, the rainfall reaching two inches and ninety hundredths. The thermometer has averaged 58, ranging from'40 to 75. Macon, Georgia. It has rained on one day of the week. The thermometer has ranged from 35 to 69, averaging 55. Cijhimbus, Georgia. We have had a good rain during the week, the rainfall reaching one inch and thirty-seven hundretlis. Average thermometer 59, highest 63 and lowest 33. Savannah, Georgia. We have had rain on two days, and the remainder of the week has been ple.asant. The rainfall reached one inch .and thirty-two hundredths. The thermometer has averaged 59, the highest being 75 and the lowest 41. Augusta, Georgia. It was showery on t«-o days during the early part of the week, but the latter porti-ju has been clear and plo.i.sant. The rainfall reached one inch and twentyfour hundredtlis. The thermometer has averaged 57, ranging — — — — from 37 to 72. — Atlanta, Georgia. It has rained on two days of the week, the rainfall reaching seventy hundredths of an in-;h. The thermometer has ranged from 39 to 03. averaging 53-8. Charleston, South Carolina. We have had rain on three days of the week, the rainfall reaching two inches and two hundredths. Average thermometer 54, highest 69 and lowest — 47. — Columbia. Siuth Carolina. Telegram not received. Stateburg, South Carolina.— We had rain on two days during the early part of the week, but the latter portion has been clear and pleasant. Tho rainfall reached three inches and sixty-live hundredths. About ninety per cent of the crop has been marketed. The thermotneter has averaged 55-3, ranging from 38 to 68. ll''(7.vo?i. North Carolina. It has rained constantly on one day of the week, the rainfall reaching one inch and sixty eight hundredths. The thermometer has ranged from 33 to 70, averaging 53. The following statement we have also received by teleerapb, showing tho height of the rivers at the points named at 3 o clock — December 11, 1884, and December 13. 1833. Drr. 11. '84. Dee. 13. — Culumbm, one iooh and twentjr-flf* ban* dretlths. — 10'.,,, l(.i« 11 10^4 10^ im lOM lo^ia'u IOh« lOSa 105., lO'id 11 lo^iai^a It HI'S Cincinnati Thun. !• =i. li>i« MiMtiplllS PI. Loulii Wednei. l'»l« 10t« .. I-|lilM(lt<l|>lllH. Tuei. 10T„ lt)Sl« >-..rf.ill{ JiMM.lll 3lon. l'»10 1014 103,« 085 Kfifr Orleans UempUi? NMhville rut. 12 Belo-w high-water marli Above low-wntflrmnrlt. 4 AV. Shreveport TlokshiirK '- Inek. 7 1 •• MIM ...Ai Al Hag. rut. 7 13 13 83. IneK. 3 11 8 10 !2U high-water mark of 1871 until was clmn.ned to highwater mark of April 15 and 16, 1874, which is 6-lOths of a foot above 1871. or 10 feet above low-water mark at that point. New Orleans reportetl below Sept. 9, 1874, when the zero of gauge THE CHRONICLE. 6h(; We hav India Cotton Movement from all Ports. — re-arranged our India service so as to make our reports more detailed and at the same time more accurate. We had found t impossible to keep out of our figures, as cabled to us for the orts other than Bombay, cargoes wliich proved only to be shipments from one India port to another. The plan now followed relieves us from the danger of this inaccuracy and first give the Bombay statement beeps the totals correct. for the week and year, bringing tho figures down to Dec. 11- We BOMBAT RECEIPTS AND SHIPMENTS FOR FOUR TEARS. Shkvment' smee Jan. BhipmentB this week BrWn. '^ Cea. Great 1.^84 3 000 H82 i«i lO.OOU 3,000 3.000 Great Britain Total. Continent. Reeetptt. 1. Thit Week. Total. SiVMi Jan.l. 9.000 511,000 683.000 1,191,000 10,000 1,627.000 3,100 13,000477,000 812,000 1,2S0.000 24,000 1.721.CO0 2,000 5,000 7!>2,000 038,000 1,430,000 20.000 l,731.r00 0.000 9.0)0'3.i9.O0Ol.i93.OOO fl.j7.000 30.00U 1,328,000 6,000' to the foregoing, Shipment* tince January Shipments for the week. Great Continent. Britain, Total. Great _ ,. , Britain. 'Continent. Oalcntta— 1884 1883 1. __, , Total. in 1883-4.— have requests to publish our usual compilation showing the production of cotton in each State for the crop year many ending with Sept. 1, 1884, As is well known, we do not claim accuracy for these fijures. Tliey have, however, been prepared with as much care as we can give tliem, and we believe they are ajjproximately correct. Our crop statement published September 13 made the total crop o,714,0,)3 bales. The distribution between the States we find to be as follows. Previous years we add for comparison. No one, we hops, will carelessly mistake these results for an estimate by us of this year's crop. We throw out this hint because last year similar figures of ours were so used by some of our exchanges. PRODUCTION OF EACH STATE FOR YEARS NAMED— (OOOs omitted.) o 0! 00 GO 00 00 No. Car... So. Car... Georgia... 4201 60| 435 469 793 43 460 Floiiila.... Alabama.. 575; 455 538 910 57 737 Mis'sii)pi. 893 1,093 495' 510 44.3 769 Louisiana. Texas Arkansas 42.700 U.OOO 125,200 93,600 56.500 4d,000 1,300 56.500 47,300 77,300 78,000 44,500 61,S00 121.800 139,80C 216,300 213.600 87.200 7i,100 303,500 265,700 575 33 50 "> 575; 937I 60 581 730; 895 1,015 485 529 835 1,173 525 675 300 380' 55' 50 1,100! 1,467 Tenne.ss e. AU others 82,500 83,600 We CotxoN Production of Each State received Bombay appears to show a decrease compared with last year in the week's receipts of 13,000 bales, and a decrease in shipments of 4,000 bales, and the shipments since January 1 show a decrease of 9o,000 bales. The movement at Calcutta, Madras and other India ports for the last reported week and since the 1st of January, for two "Other ports" cover Ceylon, years, has been as follows. Tuticorin, Kurrachee and Coconada. Accordmg XXXIX. fVoL. 699 375 50 I* 00 00 390 523 811 55 700 956 507 340 470 750 60 595 803 400 S04 607 331 70 784 X 520 290; 60 370 390 630 50 60B 775 420 610 590 260 60 31u 290 330 559 50 615 3351 600 55; 555 700 273 365 520 55 600 505 310 505 390 200 20 750' 490 233 445 680 565 265 50 70 C83, 690! Total... 3,71418.992 5,436 6,589 3,757 3,074 4,311 1,485 4,66913,833 Madras 1884 1883 500 500 2.500 2,500 500 500 2.500 1,000 2,.-00 A.U others— 1884 1883 Total all— 1884 1883 1.000 The above totals for the week show that the movement from the ports other than Bombay is l,-")00 bales more than same week last year. For the whole of India, therefore, the total shipments since January 1, 1884, and for the corresponding It interesting in this connection to note the conclusions is from year to year per acre in each State, under the varying conditions of weather these figures bring us to as to productiveness which have prevailed. The average weight of was 483 '86 gross, which, deducting 6 per cent TIELD PER ACRE OF EACH STATE FOR YEARS NAMED. t > all Pounds per acre. 1883. 1884. States. 1882. o' Thit week. Since week. Bombay Jan. 1. 9.000 1,19), 000 2,500 303,500 All otlier ports. 11,500 1,497..500 Total Jan. 1. TM* Since week. Jan. 1 5.000 1.430,000 2.00J| SOJ.OOO 13,000 l,2S0.OOO 1,COO 28>.700 14.000 1.571.7 7,000 1.730 000 10 This last statement affords a very interesting comparison of the total movement for the three years at all India ports. Alexandria REcfeiiTS and Shipments.—Through arrangements we have made with Messrs. Davies, Benachi & Co., of and Alexandria, we now receive a weekly cable of the movemei ts of c rtton at Alessandria, Egypt. The following are the receipts and shipments for the past week and for the corresponding week of tie previous two years. liiverpool Alarnndria. Baypt, December 10. 1834. 1882 If 83. Jtecelpta loantars*)— This week Since Sept. 1 2f0,000 210.003 160,000 1,093,0:0 1.5S2.UOO 1,176,000 ThU Since week. Sept. 1. Thi* Since week. Sept. 1. Thi» Sinei week. Sept. 1 GO 00 00 00 20,000 136,000 10,000 109,000 19,0C0 H,000 4S,0u0 5,000 42,000 5,000 XuL,iverpool To Contluent 90.000 19,000 iH r-* 177 So. Car 122 Georgia 117 Florirlii. 101 .\laliauia 93 Mississippi J 60 I.auislaua 239 161 Texas Arkansas 220 Tennessee 177 No. Car.. . . . . . . 198 171 153 99 127 216 260 240 288 199 1 1 177 127 120 72 211 170 119 103 04, 126 167 200 235 267 149 224 199 2tJ2 145 195 197 173 141 101 136 206 265 167 263 207 190 169 144 115 144 180 187 Total Earope A cantar Is 98 lbs. This statement shows that the receipts for the week endin g Dec. 10 were 300,000 cantars and the shipments to all Europe 31,000 bales. * — Manchester Market. Our report received from Manchester to-night states that the market'is flat. give the prices for to-day below, and leave previous weeks' prices for comparison. We 1883. 1884. 8I4 lb: Shirtingi. 82t Oop. Oot.l0'83i6a 8''b 1 0>4«813i6 ** 24 j5„-81S,6 " 31 86ih_8l3,e Nov. 7 85|<,-8i3ie "' 14 37, g» 9 » 9% » 9% Dec. 5 39l6« •" 12 8I2 9 238 230 1,56 101 135 110 123 166 121 179 223 182 244 192 146 102 133 178 249 163 295 184 235 198 227 152 243 203 251 162 203 183 122 110 127 129 199 200 185 100 171 177 169 173 151 188 140 120 103 116 191 Note;— Fortuc purposes of this tal)Ic we have taken t'le average net weight of bales, which in 1883-84 was 434 lbs.; in 1882-83 was 461 lbs.; in 1881-82, 447 lbs.; 1880-81, 457 lbs.; 1879-80,452 lbs.; 1878-79,445 lbs.; 1877-78, 451 I'os., and for previous years 440 lbs. European Cotton Consumption to December 1.—We have received to-day (Friday), by cable. Mr. Ellison's figures for give also tlie revised November and since October 1. figures for last year that d n. A. 5 5i«a6 I0i« B. 5 5I396 101a 5 5i286 10»2 5 C'«a7 5 GVja? 5 8 a? 1 5 9 a? 2 5 9 97 2>s 5 9 ®7 3 5 8 »7 1 OoU'n Mid. Uplii d. 32< Cop. Iwifi. a. -i. 5'li6 fe7ia» 9 5' 16 8ii8» 9 8»ia» 9 8'je» 9 8T,fl» 9 31ifi1» 8^ a ?!> 5l3l6 8»8 ® 9 9ie i>hi 80|«a 9 8>4 Ibt. Shirtingt. A. 6 8. A. »7 •7 »7 97 1>S 1>4 IWl «7 •7 97 97 »7 IHi i"* »7 m lis 21« OotVn may be made. The and pounds have been as comparison spinners takings in actual bales 31,000 184,000 15,000 151,000 24,000 103,000 8k> 5 1878 We Exports (bales)— " 21 " 28 79. X X 1877-78. ThU Europe from— would leave the net weight at about 454 lbs., against 461 lbs. last year. On that basis the estimated yield per acre would be as below : periods of the two previous years, are as follows: EXPORTS TO EUROPE FR051 ALL INDIA. SMpmenlt bales last year for tare, foUows. From Oct. 1 to Dec. 1. t Great Britain. Continent. Total. For 18S4. Takings by spinners. .bales! Average weight of bales Takings in pounds . 730,000 443 321,350,000 515,000 42 215,375,000 543,725,000 669,000 421 283,656,000 482,000 1,151,000 1,245,000 437 •> ! For 1883. i Takings by spinners .. .bales Average weight of bales....; Takings in pounds ! 424| 424 201, 368.000 498,024,000 ! Mid. JTpld$ According to the above, the average weight of the deliveries is 44,5 pounds per bale to Dec. 1 this season, 6I9 The 515i, against 424 pounds during the same time last season. 6 against pounds pounds, 424 425 deliveries average Continental 6 last year, and for the whole of Europe the deliveries average Our 5.5, 437 pounds per bale, against 434 pounds last season. dispatch also gives the fuU movement for this year and last 6% 513i8 year in bales of 400 pounds each. A. in Great Britain DECEUBX-t THE CHRONICLE. 13, 1884. J 1894. 0<l. 1 to Pre. 1. 1883. This statement shows that the receipts einoe Sept. 1 np to now 10^,203 bales more than they were to the day of the month in 1888 and '359,4*> J bales more than they were to the same day of the month in 1833. We ad<l to the tftUa the percentages of total port receipts which bad been reoeired to December 1'3 in each of the years named, 000« omitted. Oreat Oonti- Britain. ntnt Total. anal OonH- Britain. nent. 241, 042, 124, 372, 401. Total. Bplnnera' stock Oct 1. Taklugx In October. . 400, 152, 233, Tot.il mipply Consuiup. Oct., 5 wks. 40J, 360, 383, 330, 833, 600, 408, 360, 600, 330, 1,096, Splnnprs' stock Not. 138, 403, 53, Takings In November. 314, 193, 717, 13d, 837, 270, 312. 406, 040, Total supply Consuiup. Nov., 4 wks. 511, 2S8. 360, 261, 910, S92, 473, 288, 582, 264, 1,033, Bpinnors' stock Dec. 1 233. ^05^ 398. 135. 318. 503. 80, 1 The comparison with last year 10}. made more is B25, 571, 600, S52, striking by Tbk Exports or Cotton from New York 1884. Ott. 1 to Dee. 1. each. threat 000» omitted. Britain Oontinent. 1883. Total. Ureal Britain Oonti- 401, 511, 812. 132, 547, 1,359, 124, 709, 901, 648, 699, 594, 1.600, 1.242, 333, 648, 1. 233, 105, 353, Weekly Consumption, OOt omitted. In October In November 72,0 72,0 66,0 66.0 138,0 138,0 Spinners' stock Oct. Takings to Dec. 1. 89, 1.... Supply Consumpt'n 9 weekc, Spinners' stock Dec. , ' 241. nent. compared with the total for the same period of the previous year. New Tokc sihoe Bspt. 1884. 1. Same Week endinff— Exported t> Uverimol Other BrttUb ports. Sot. .Vor. Dee. 20. 27. 4. period Total tinee Dee. 11, SepL 1, previ'ut year. 7.437 10.003 14.813 165.572 137.069 3,3031 3,073 1,0J9; 1,173 23,600| 15.624 3.831 , Total. 525, Total TO Obeat Britaik 7.334 10.512 11.012 16.016 189.172 152,693 Havre 3.335 1.207 2 115 2,093 1,220, Other French porta 912, 591, 1,745, Total Fbench 3,335 1.207 2,336 2,115 Bremen 949 714' 492 135, 318, 503. 1.548 2.444 1.2»7 3.186 4,375 1,206 2,033 1,64« 3,311 6.239 .<,510 3,933 5,44!> 72,0 72,0 60,0 66.0 138,0 138.0 1212, Hamburg ... Other ports. Spain, Op'rto,Gibralt'r,*c A.11 20,0 iO "56 other 20,573 13,611 11,633' 31.100; 33,199 12.415 15,962 17,463 76.062 43.870 I. too 2.383 1.775 I 1.183 13,611 513 233; . i week show an last EXPORTS or Oorrox (bales) fbom Total to Nobth Eubofe .\ this week, the total reaching SlJOi Below we give our usual bales, against 18,480 bales last week. table, showing the exports of cotton from New York, and then direction, for each of the last four weeks; also the total exports and directions since September 1, 1831, and in the Ia»t column increase, as bringing together the above totals and adding the average weekly consumption up to this time for the two years: lb». Mm* to-night ore Balt$ nf 400 Ibs.eaeh, Bales of 400 687 1.092 .'^.062 50 1,138 1.092 6.462 4.663 in Europe Total Bpazm, &o .. pounds each, against 133,000 bales Sbaitd Total 13.958 20,279 13,183 21,702 292,274l22I,?43 of the same weight at the corresponding time last year. The The Following are ths G.1333 Rsceipts o? Cotton at total spinners' stocks in Great Britain and on the Continent have increased 165,000 bales during the month, but are still New York. Boston, Philadelphia anl Biltimora for the past week, and since September 1, 1834. 145,000 bales less than at the same date of last season. The foregoing shows that the weekly consumption is still 138,000 bales of 400 JCTE Butts, B.vggino, &c.— There has been a good demand for bagging in the various grades, and sales are reported of 1,500 rolls. The market continues very firm in tone, with some sellers looking for an advance. There is nothing pressing on the market and the sales making are at full figures, closing at 8?4C. for 1}{ lb., Qi^c. for V'i lb.. 10c. for 3 lb. and 10J4C. for standard grades. Butts have been fairly active since our last for paper qualities, and 4,000 bales are reported placed at 1 13-16@1J8C., and these figures will still buy. Only a light trade is doing in bagging grades, with sales of 1,000 bales at as to quantity, the market closing at these figures. 2M@2 CojtPARA'nvE Port Receipts and Daily Crop Movement. —A comparison of the port movement by weeks is not accurate, as the weeks in different years do not end on the same day of have consequently added to our other standing the month. tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative movement for the years named. The movement during September, 1884, and previous years, has been as follows. We Monthly BeeeipU. Tear Beginning September New from— New 1883 1882. 1881. I. 1880. 429,777 4>s,47s 853,195 963,313 974,043 1,006,501 Bept'mb'i 343,413 313,812 326,6Jt| October.. 1,090.363 1,046,092 930,5341 BOTemb'i 1.122,164 1,030,380 1,094,697 1879. 333,613 833,492 942,272 Total year 2,537.991 2,420,234 2,401,937 2,237,015 2,433 297 2,1«4 407 Perc'tiige of tot. port receipts Nov. 30.. 49 90 39 00 41-42 47 81 43 27 This statement shows that up to Nov. 30 the receipts at the ports this year were 137,710 bales more than in 1883 and 156,057 bales more than at the same time in 1883. By adding to the above totals to November 30 the daily receipts since that time, we shall be able to reach an exact comparison of the movement for the different years. 1881. 1883. Since PHtLADKLPH'A Boston. Sept. I. Since Tkis week. Sept. 1. Tnis week. Baltixobb. Since TMf Stne* Sei>t. 1. iiweli. SepCl. 4.730 U4,334 8.33-2 138,SSI F,8i8 98,317 942 20,518 8J 443 3..'555 800 1,7:6 <>»••• 5.820 1,853 0,741 4« 10,717 85,872 12,190 93,403 4,510 sae 2.844 29,733 29,111 2,708 18,738 8,003 54,703 im 2.170 20 20 This year... 3&,543 826,331 18,074 Last 40.880 66;.040 13.7S1 —The exports of cotton from the United Orleans. Texas Savannah . . 8S0 33,964 «,im 67 1S.S33 I.99I S.S8S 4.«ia 19,7»3 3.237 57.818 1.109 11.983 112,602 5 887 40.021 3,6ra 116.8C4 143.108 2.033 41.834 4.913 110,703 6.013 Mobile . Florida 80. Carolina. No. Carolina.. Virginia North'n ports Tennessec.Ac Forelun re-XT.. ';70 . Shipping News. ... 80* 2,200 mail returns, have reached So far as the Southern ports are concerned, these States the past week, as per latest are the iggi This week. 256,141 bales. 1 Tork. Receipts same exports reported by telegraph, and published in With regard to New York we the Chronicle last Friday. include the manifests of all vessels cleared up to Thursday night of this week. Total balei. New York—To Liverpool. nersteam'TS .\ilrialic. 817 Ecypr, Lake Hippi.rch.ii>, 1,331 1,783 ...Genuanic, 1,370 Servia, 728 Manitoli.-i, 2,373 O.xenholniP, 3,360 14,843 Sirlu.*. 1,518.. Wvoinin/-. l,-275 1,173 To Hull, per steamer Rialto, 1.173 To Havre, per steamers BosKeuua Bay, B39 St. OermalD. 2.145 1.256..... To Bremen, jier steamers Fulda, 3.i To Hainbiir>r. p!»r steatntr Bohf•mi^, 492 Main, 437 1.646 l.filS laiuliim. 950 To .\ni'.terilam. per steamer Z To Antwerp, per stc.-»mcr;4 P. D.Coninclf. ll,192...Wac8land. 769 To Co|>enha^en, per steamer 1881. 1880. 1879, TOt.Nv.30 2.357.991 2.420.284 2,101.937 2,257,013 2,433,297 2,161.407 Dec. 1.... 31.576 32,561 40,400 36,867 26.617 52,479 " 2.... 34,792 S. 30,6; 3 51,332 29.216 30,386 " 3... 49,256 31,48S B. 34,006 48.897 23,110 " 4... 36,573 46,652 50.747 8. 30,346 25,675 " 5... 49,583 69,32? 54,134 40,832 8. 49,608 " 6.... 3.'5,316 42,184 41,373 31,799 63.166 36,C48 " 7.... 52,116 B. 27,721 30,186 36,174 8. •" 54,997 8.... 53.026 55,741 40,863 29.263 43,286 " 9.... S, 40,236 35,639 47,904 25,033 31.502 •• 10.... 29.964 57,783 B, 39,377 39,133 37,914 " 11.... 40.030 43.904 43,651 B. 41,(93 33,101 " 12... 84,643 34.347 34,208 50.059 8, 50,014 , Total 3,071,208 2.372,945 2,812,752 2,673,494 2,823.187 2,586,041 PercentaK e of total > ijort reo't>ta Deo. 12 59-23 46-72 56-62 43-06 51-73 New —To OHi.KAXs Liverpool, 1.961 40<1 60-i I.iland, 4«X> •To Oei'03. per steami-r East Anglea. Us*".! To Trieste, per steamer East Angleii. 400 1832. 930 4C0 per sieamers Buenave'ntnro, 3,400. ..Caribbean. 2.944.. ..Cavolna,3,«30... Chancellor. (5nirto. 7.250.... Sculptor, Federlco. 5.100 37,338 2,934.... Taunulipa.", 4.812. ...West Indian, 2.S83 6, "280 Reninn, 6,330 To Orimfebv, p< r steamer Jhsod,2,I91 T,> Havre, "per s'eiimers Galveston, 5.272 ships Cashmere, per 4,96-2 Rliodora, iOO... Propitious, 6, 27,262 4,24 3... Klvn-.<ide. 4.036 Rocllia, To Bremen, per steamersi Plymothlan. 3.924 4,900. . .Rlirola. 3.605. . . IRoblnia, 5,503. . . .per bark Frel- 4.010 — . handel, 2,149 ? To Sebastopol, p*-r st^^amer Narva. 5.175 To Barecloun, per steamer Uedewater, 3,6^2 To Salerno, per bark Doincnii-o Lanata. 1.600 To Genoa, pi r steamer South T.vne, •i.'i09 To Trieste, jier f-teamcr South T.vne, l.liOJ Chableston — To Li-erpool. per steamer HartbUTD. 3,35^ Up- 20,078 5,175 3.0a3 1.600 ^'IJSS 1,003 per barks Capinhurst, \.lta land and 72H Sea Island Dacmal, 1,3.30 Upland and Upland and 47 Sea lelanil Sibal. 1.772 Upland and 17 Sea Island 27 Sea Island Susan L. Campbell, 2,400 Upland... Unanimn, 2,376 Up14,335 :. land To Havre, per barki Condear, 1,330 Upland. ...Medbor, 2.930 1,600 Uplan-l THE CHRONICLE. 688 6. The bark w.a3 not materially Injured; the 8th for Liverpool. on Deo. Total bales. To Bremen, per steamer Romanby, 4,150 To Antwerp, iicr steauier West Cumberland, 3,350 Upland and 4,150 3,358 8 Sea Island 3,3 J5 To Seba,stoiiol, iipr steamer Ai'go, 3,333 1,200 To GotteubiirK, per bartt Apotlioker Urcslcg, 1,2C0 ),200 To Bergen, per bark Mindp. 1,200 3,363 Voladora, 2,263 To Barcelona, per biirks Linda, 1.100 B. Mattuews, F. 4.675 Savannah—To Livtrpool, per steamers Coni-stou, 0.101 Upland Upland and l.iO Sea Island jier b.arks Boronia, 2, SCO UpNrrmanlor, 6.524 Upland George B. Doane, 3,3U0 Cyclone, 2,033 Upland land 26,003 Upland 50 To Havre, per bark No'.denskjold. (additional) 50 Lufra, 4.552 To Biemen, x)er steamers James Watt, 4,155 15.013 ... Eomeo, 6,306 4,200 To Amsterdam, per steamer Har.-ley, 4,200 5,550 To Keval, per steamer Lanristiue, 5,550 1,825 To Genoa, per bark Olaf Glas, 1,325 per Galveston— To Livirpool. per steamer Southwood, 3,021 bark Marco Polo. 978 919 To 1,106 300 .\...'..VV A'era Cruz, ptr steamer Wliituoy, 300 Liverpool, per steamer Elstow, 4.700 Wilmington— To 4,700 NoEFOLK— To Liverpool, per ship Warrior, 6,177 per bark Jafet II.. 2.376 iJALTiMORE— To Liverpool, per steamers Oramuore, 3,933 Peruvian, 1,532. ...Sussex. 3,235 To Kottordam, per steamer Paxo. 1,000 Boston— To Livirpool, per steamers Cataloiua, 1,042... Iberian, Iowa. 1.873. ...Kau8<as, 2,070 1.212 PHilADEU'HiA—To Liverpool, per steamer Lord Cllve, 1,612 Liverpool, steam Do 0,197 1.612 pai-ticulars of these shipments, Satur. Mon. Tua. 'sa* '32* '32* Tis* 'I'l'e* 'is' d. Do c. sail Bremen, steam. .c. Do sail Do sail la" %" Tork. 14,313 N.Orleans. 37,338 CbarlestoD. ll.32.> Savannah.. 26,003 OalveaCin. 5,625 Wilmington 4,700 Norfolk.... 8,«.<3 iiaJtiiuore.. 8,700 6.197 1,612 Boston PJiUadtlp'a _ Ilani- Havre burp. 1,1?3 2.14i 2,13^ 6,280 27,2ii2 20,078 ...... 2,H50 4.150 50 15,013 New 978 1)19 ..^ Total.. 128.196 Ant- Itayen iC Sebaswerp. Birgen. lonol. Total. 2,911 400 24,702 S. 175 104.627 3,3.18 2,403 3,335 33 831 4,200 5,550 52,641 9.223 4.700 ;-..... ...... .;.... 8.853 1,000 9.700 0,197 1.612 7.453 33.335 42,298 11,46.1 Included iu the above totals are from 8.350 8,510 256.141 ; Below we add the clearances tliis week of vessels carrying cotton from United States ports, bringing our data down to the latest dates: , Liverpool- Doc. 6— Bark Mersey, 3,292. For Havre -Dec. H— Bark Grinus). 1.017. Oki.eans— For Liverpool -Dee. 6— steamers Arclutect, 4,270; Caxtou, 7,- 2 Oounsellor, 4,300; Eabns, 5,40i) Deo. 10— Steamer River Clyde, 2 323. For Havre— Dec. 3— 3hip City of Boston, 3,155 Dec. 6— Ship William Tai>3Cott, 5,371 Dec. 10 -Steamer Queen, 4,810. Oalvestos— For New I — For Ge.m)a— Di-e. 6 Steamer Cistleton, 4.163. "PENSACOL.k-For Liverpool— Dee. 9— Bark Arvila, CUAHr.E!-Tox— For l,iverpool- Dec. 6— Bark Winona. 2.100 Dse. 8Kark WacisMi, 2.533 Dec. 10-Baik D,m.!5la3 Campbell. 2,430. For Havre- Dec. 6— Bark .Tcnnlj Parker. 3,141. For .iarceloiia— Dec. 6— Bark Liciano Sena. 1.300. SAVANNAH- For Liverpool— Deo. 10— JSteamer Ardauri^h, 3,634. For Breineu— Dec. 5— Steaiiur Scaw Fell. 6,000. For Amstorduiu— Dec. 8— s-'teamer JI idrid. 4,902. For Barcelona-Dec. 10— Bark Guylielmo C. Stanford. 82). Wii.iiiNOTuN- For Liverpool- Dee. 5— Bark Fidclio, l,;i03. For Br( men— Dec. .'^— BrijfSvea. 1,270.. D^c. 9— Hark Teviot, 1,408 NOKFOLK— For Liverpool— Dec. H-Birks .M. & F. Ciiin. 2.6.0; Scoi's Bay, 3,50J Dec. 9— Bark Fml io L. Boyd. 4.660 .. Dec. 10— ShipAustiia, 10,3:1 Dee. ll-Steaiuer Lord O'Neill, For Havre— Die. 9— Bark Bacchus. 2.313. "West Point— For Antwerp -Dec. 5—Steamer Renpor, 5,121. Newport News -For Liverp ml— Dec. 8— Bark Nia^iUM, .. Dec 1 1 - Steamer Peniptos. Boston— For Liverpool-Dee. .5— steamers Balgarlm. 1,546; Palestine, 1.H92 Dec. 9— Steamers lioiderer, Virffinian, Baltimoke— For Llverpojl— Dec. 8— iteauieis Uaiovorlaii, 3.421; .Vefsmore, 4,131. I'Hii ADEi.i>ui.i— For Liverpool- Dec. 9— Steamer British Princess, 1 ,931 . . . ; . 'Below we give all news received to date of disasters to vessels carrying cotton from United States ports, &c. City of AuguSt i, steamer, at Sivannah, loading for New York. A lire was discovered on Deocmb 10 in tlio hold of the steamer City of a'' la- 38" 38' 55t 55t 55t 55f 551 55t Reval, steam d. 5i6®3g> "aa-ne" »16-i'32* 5l6®%* "Sl3®»8' Barcelona,stcam.c. 932' 932* 932' Genoa, steam.... c. 9l8* »16* 9l8> 932* »8* »8* ^- i%* Do sail c. Trieste, steam... c. steam..c.i 3l6-'3e4* Slfc-1364* 3jn-13f4' Compressed. 93a* V 58" !>8* »8* »64* Per 100 lbs. t — Liverpool. By cable from Liverpool, we have the following statement of the week's sales, stocks, &c., at that port. We add previous weeks for comparison. Sales of the week bales. Of whi.'U exporters took Of which speculators took.. Sales -Vmerican Actual export ... Forwarded Total stock—Estimated Of which American— Ustim'd Total import of the week Amount 4i'3,i!00 228,000 8 4,000 68,000 278,000 .......... afloat tfoi>. 63,000 7,000 5,000 37,000 13,000 41,000 Of which American 237,i.00 23, Dec. 12. Dec, 5. 6S),000 47,000 8,000 7,000 37,000 8,000 24,000 430,000 247,000 93,000 7S,OO0 202.000 246,000 4,00. 3,00u 29,0.00 11,000 39,000 42S,00C 250,000 87,000 71,000 321.000 307,000 45,000 .5,000 . 5,000 27,000 ] 0,000 42,000 503,000 316,000 163,000 130,000 2!1 6,000 284,000 The tone of the Liverpool market for spots and futures each day of the week ending Dae. 13, and the daily closing prices of spot cotton, have been as follows: Spot. Market, M 12:30p.m;, Halurday Hominy. Tuetday Wtdnes. Tliurid'y. Moderate Very flem-ind. Busier. Baralr firm, supported Mid. Upl'ds Mid. Orl'ns, Sales 513,6 5l°is 515X6 O'ln 515,8 6I16 8.0i)0 Spec.Acxp, 1,000 10.000 1,000 S.OOJ 1,000 . , Futures Market, / 12:30 i'.M.( Market, :et, 5P Kis.v at l-«4 .iecilue. I 51. 5^8 3,000 1,000 6 7,000 1,000 Steady. Steady. 6 Firm at .S-81 Weak. Quiet. 5 '8 6 7,000 1,000 Friday. Steady at Hd- steady. i-ni <ie- Quiet but clme. Quiet but Bto-itdy steady. vaiice. Steady. ( Barer Barely steady. S LettQji The opening, highest, lowest and closing prices of futures at Liverpool for each day of tlie week are given below. These prices are on the basis of Uplands, Iiow Middling clause, unless otherwise stated. ^f The prices arc f/iven in pence and 6Uhs, thus: and 6 03 means 6 3-64(f. 5 62 n\enna 5 62-64d., Sat. Dec. 6. Mon.t Dec. 8* Open HioTi Low. Olo>. (i. d. d. d. S60 5 jO 5 50 5 50 E50 5 60 5.W bt2 5 6S 6 5i 5 52 December. 5 56 5 5.) 3 60 6 68 Oec.lan.... 5:0 Jan.-Feb.... Ifeb.-March. 5 55 March-Apr. 5 511 Aprll.May.. 5 03 May- June.. 6 04 8 06 Juno-Julf.. luly-Aug... 610 K UK.- ^ept.. Sept.-Oct... Oet..NoT.. 5 55 5 59 5 63 6 02 6 06 6 10 5.'.5 5 5U 5 63 5 55 5 58 5 63 6 03 6 00 Open am d. d. A. d. d. 5o» 5 5S 5bf 5 57 5 5^ 5 58 6 5S 5 57 5 57 5 58 5 61 6 01 8 01 6 08 5 58 5 5U 560 5e3 611 6 83 6 03 6 07 6 10 8 11 8 18 618 617 8 0:i 6 07 8 10 6(4 601 610 610 Cloi. d. Open High Low. d. 6 02 6 03 6 10 6 11 5 6S 5 8,3 6 02 606 6 10 8 11 6 17 .... .... ToFB., Dec. ». Low. dot. 358 5 57 538 3.W 5 63 5f,l 6U2 801 6 01 6 03 6 06 6 0U 611 6 13 A 11 816 615 6 15 d 5 58 538 6 58 6B.1 8 02 6 08 6 08 613 8 IS .... .... .... .... .... .... . ... .. . '.r Au<ii8tu,.wliich was to have sailed for New Y'ork on that day. The wai not e.xtluguished nut 1 the steamer had been tilled with Water. Abjiit 1,000 balia of cotton are cither partly burned or dam:i};ed i..v water. Tli" loss to the carjfo will be between $30,100 and *iO.O0O The vessel is only sli;;htly damajted. JKaRTIIIAv, ste-imcr (Br ), from Charlestoi!, Nov, 22, for Bremen, arrived in till! Kugdsh Channel, Dec, 9, with loss of three blades of her Wednea., Dec. 10.1 Ttaurii.. Dec. 11. Fri., n ec. la. lire propeller. Open High Low. il. III, steamer (Br,), from Savanna*!, Nov, 15, for Bremen, went ashore on TcisibelliijK Island, A. SI. of Dec. 4, llUed, .and shortly «irciward liegan to break up. Twenty-six bales of cotton, out of ; Tier cars) of .>,73 bales, hnd been landed. Wilton, sHjainer (Br.), at Savannah, tor B ircelona. Fire w.v8 discovered In tlic carjjo of cotton on steamer Wilton on Dacember 9. jENSn; Paiikeb. bark (lit-.), for Havre, ran aground on Lawson Shoal. Ch.wkstoii. Deo, 7. \ part of li?r cargo was placed in lighters andshe was towed offand anchored. Surveyor recommended that she be towed back to the city as she Hustained damage e by a iroinir f. t, r- i ;' ashore. **ot's li vv. bark (Br.) at Norfolk, loaded for Liverpool, was run into by schoauer John 3. Becham at Reyuul I's whan, Norfolk Harbor d. d. Clot.' d. December.. 6 56 5 56 5 55 5 53 I)BC.-Jttn.... rrtKEMOi , , sail...e. ; Tor Bremen— Dec. 6— Stfiimur Tarpeia, 3.700. For Hamburf.'— Dec. 5— Steiuner Salt >n, 650. For Malaga-Doc. 5— Bark Alfa, 1,500. , ^•" New York to Genoa, 692 bales and to Trieste, 400 bales; from New Orbiaus t) Barcelona. 3.682 bales, to Salerno, 1,6 )0 bales, to Genoa. 2,2o9 bales and to Trieste, 1,003 Dales; from Charlestim to Barcelo-ia, 3,363 bales; from 8avanuali to Genoa, 1.825 bnles from Galveston to Naples, l,4o6 bales and to Vera Cruz, oOl> bales. ' %* XoT. 21. Amsler- Jfeval, <t 1332* 13I2* arranged in our usual dnm. Rot- Gottenterdam buyg, Bremen and Copcn- unci Livey- (ininshi). vool. 13.^2* c. Amst'd'm, steam. c. Do hi" %•" c. Hamburg, steam. c. * Fn. Thurt. c. form, are as follows: Hull Wednes. '*61-"32* l%l-'32' sail..:(i. Havre, steam Antwerp, 8,700 1,000 .250.111 Total The 9,853 She cleared oa Cotton freights the past week have been as follows: 5,625 2,(;04 To Havre, per bark Aeon, 978 To Bremen, per brig Doctor Lasker. Oiy To Naples, per bark Immaniiel, 1,106 XXXIX. [Vol. 5 66 6 57 Jan.-Feb ... Keb.-March. 6«l March-Apr. a CO April-May.. 6 01 5 50 6 57 5 61 6 00 6 04 5 58 55; 5 81 6 00 eoi 5 65 5 57 , 8 07 611 6 11 July-AUK... BIS 6 14 6 11 Aug.-Scpt... Sept.-Oct... Oct .-Nov.... 8 15 6 07 1 .... Bioli Low. CIOJ. Open d. d. d. d. d. d. a. 5 56 6 56 5 50 5 36 5 5S 5 53 5 55 5 52 5 62 6 52 5 62 5 51 5 63 6 53 658 5 58 6 61 5BI 6 08 53 53 56 5S 6 61 8 01 8 03 6 08 6 11 «U U 658 6 61 6 00 flOl May-June.. eo; 6 07 Juno-July.. «ii 811 Open 6 81 6 01 8 04 8 08 6 18 e 15 55 63 56 60 661 5 5 5 5 8 01 60S eoi 8 03 07 8 08 6 18 5 5il 5 60 5 03 8 08 6 07 811 Oil 615 6 14 eu 5:4 558 6 81 6 00 6U1 B«gh'l,<>w. CUH. 5 6 6 3 d. 555 BOO 01 6 04 6 08 6 05 6 08 8 1-3 :•: .... , .... .... ... .... *••. .... ... .... :::: ;:;: .... •••' .... 1 DECIUlBEn 13, THE CHRONICLE. 1884. 6S9 BRfiADSTUFFS. The ooiiii hinmentoof flour and grain from th« ports from Dec. M, im, to Doj. 0, 1884, inclu«i»e, for four FHUiAY, P. M Dttcuiiilwr 12. 188i. yeant, show us follows: in nur Tho extreme low prices for Uour whiol) v.-»<-" 'in I8H3-SI. )HM-n3. II .qj la»t ilid nut serve to stiiituliite trade to any a it, Ffoar bbU. ll,29,\321 9,^ ,5,UU -.•,» 8.3 until witliin the p.ist diy or tivo. In fact, l iiio in wiient led to t'emanda for additional concfsiiond to buyerH. Wheat btwU. 01.747.364 4 79,',t,2.57() 10 Hut latterly trade has btfcome more actire and pricea are • i>ni 10 0,«tn M,2'i2.09O 4-i 8t<;adier, Still, dealinfca sliow ro increiuse over an average KiU'ley &.431.954 M.u(J9,o3t •7V liusiiiess, and but a inudeiato dogreo of activity ia looked for nyo 5,030,825 5,083.657 till after the holidays, live flour and corn meal are Arm, but Total er»ln .... 2}5,0OI,239 211,714.211 160,130.093 ll>4,201,<»93 buckwheat flourshows sonio depression. The dopression'in wheat arising from the free marketing of Below are the rail shipments from Western lake and river their crops by the farmers of the Northwest, which was portd for four years: noticetl at the conclusion of our last, continued without re1884. 1883. 1882. 1981. lief for the fust half of the week under review, until pricss Week Week Week Week reached figures among the lowest quoted in this c.itury. Dec. Dec *. Den. 0. Dev^lO. Flour bbls. 230,-(03 280,.'10 220,112 Bte.idicr feeMng followed, as was natural under the circum122813 stances, arising from a demand to cover contracts, and some Wheat . , .. ..boah. 24'J,22S 462,871 308.772 revival of speculative confidencp,bat no decided iraproven^ent, Corn ... l,:i69 5,-.8 S40.t23 86A,lrt'( l,l3l!§24 510,323 took place. Tliorailliair demand continued (piico moderate, Oat» 664.319 361,186 3i>5,83tt 21',),.",01 172,497 210,326 Xli-i.'OH but tine i|ualities maintained their values, and yesterday there HarU-y Kye 21,179 38,2 10 42,981 3l,»«S was a very full business for export, some 200,000 bushels havTotal. ing been purchased, the influence of which was felt to some 322,733 2,301,397 1,797,733 \,Oi^,W» extent in speculative circles. To-day, however, the imporThe exports from tho several se.-vboard ports for the week tant failure reported from Vienna had a depressing influence, ending Djc. 6, 1884, are shown in tlie annexed statement: and prices receded a fraction; still no marked depression of tone could be noted, although the Western markets were Ecporti mm* , I » . A weak. jHiiurtr.v tleliveiy 8l»9 S"^ Irljr.uuy (loiivory Miirili ilellvery 83''a 86 b2i» 84"» Ai)nl delivery May delivery 88I4 go's 8!)'* 87 SOHi gS'a S^H 8714 SJ'a Pri. 83I4 79 80^ BO'S 83 's 8)'4 87S8 S H 83 82''fi S'^'t 84% 87 83 8719 8JSa 81)=!i elevator Uctiniber delivery .lioiuiiry delivery February delivery Ill dc-liveiy ,.. .i6 Si's 47^1 47 14 4T ,.... 50 Sri 50>3 461-4 103.803 «,095 30..'->9i 75 40 5,5 14 11,«>:4 .. 16,73.' Mdiitre.'jI. l'hil;«lel.. 29,722 206,295 nalitm'rc 47 13 4714 Flour. Oal*. Rye. PetU. Bblt. Busk. Bit.ik. Bu^. de- Oats were depressed early in the week, but afterwards improved, and were at one time quits buoyant. No. 3 mixed selling yesterday as high as 33;^ c. for Fdbruary and 3t?^c. for Miy; but to-day there i-s renewed depression, with the closa at 82,?3'c. for January. 33c. for February and 34%c. for May. The following are closing quotations: f"'--ii-.,' ^ , ^bbl. $2 13 3 '2 75 2 35 8 2 ^5 2*. 5* 3 -JS .it e.xtr.i«. mil stci'f. 3 TtMa 4 75 r,,.iiu'^extrae. Winter .\..v...;. Pat.iits .....i... City aiiipiliiKax Bouth'n atlp'g extras. 7)» 3 2 375a 4 2 3 5;; .5 ttOl» 4 25 00a 4 70 70 9 S 9 a 9 9 anl Total Buparflue.. Com msa;— Wedwm,io 5 00 3 50ir 3 8J 2 V* 8 c Br»ndywtii«. .fep Buck* heat llunr per iOOlb.l :-;3.)i» 2 Xi: 9l3,l37( 73;,991 181,133 0,490 86,025 4fO«(8a .. 950,8261 833,600 203,254 5,428 69,783 21,652 The destination of these exports TlOHr. for w^.di iiee. Dc. 6. Bbl». 1884. Week, •-•3,301 9,7'?0 131,413 203,254 B.Ac t\.im \V. Indies Brii,.colN Oth.c'u'ts Total a CI CO State B7 33 ij 8 WUlte 32 /» 38 110 70 y2Sa i 32 la No. 2 mixed White 7.i 85 No. 2 white 33 v> 33 >4 Com—West, mixed 45 64 Buckwheat r>i a 54 West. mix. No. 2. 52 n 53 Barley -Niy. 1 Cauada. 82 a «6 Wi'.»t. white 50 TH f.i No. 2 CaiiHila 75 'H 80 WblteHunthorn.. 30 » 5.i etate, two-rowed.... (10 9 «5 Yellow Bcmtlittn. 49 it 52 Btutc, Hix-rowe*l .... 70 9 73 The movement of breadstuils to market is indicated in the stiitements below, prepared by us from the figures of the Now York Produce Exehanisce. flrstgive the receipts at Wester. lake and river ports, arrange*! so as to present the comparative movement for the week ending Djc. G and since Aug. « •5fdT fea^h of tlie last tbree years; ii5 Oats— Mixed 31 ^ a j Bart«r. tifis. ' Uo BiuKitt lit, BIUA.9AC a7j,(W) S&OSl I.nW,!<93 020,507 28.8-iO S3, too ' 18t.4i3 5,011 8.083 11,032 W.»ta 171,4'^0 5,C80 10.317 28.1134 .1H.431 13, ' li».L70 713 503 645,005 51,714 20,387 221,269 90 076,4(33 ^551 Biuh. 783,575 8,000 10,\27 4,360 1,401 2t.«03 8,276 |.«7» 1,104 9.50,S2B 732.994 833,600 4,9.V> 16 918,137 Dte.^9. fi. liutk. adding this week's movement to our previous totals we have the follovring statement of exports since Septembeir 1, season and last season: this ainee AUQ. 25. to- 18H3. I.S'--4. .iug. AUO. 27 25 to Dec. ft-r.e. Hbtr. I lo 8. 1884. Aug. "5 to Drr. 6. Ati'j.nto a.iM.saa 1888. to lofl.ua ,i 775.0 -'3 Am.. 1OT.123 174 25U,i;il Inillas SMAOa •i\,!X» 1I3,M 8,010 3.3,0, 10.305 215,810 227,975 lO.SIS 13,4:17 OOO 9.575 2.4-<4,708 2 418.033 19.035.310 11.6I«,«55 4.8a<.40S . .., liriuCol'nles 0..h. oonntr'd 2efl.flJ7 .'i 1 17.011 'iOS 111 37 DeAv. S.i\K o9t I,0;i7.r>1.1 e.i' Aug. 27 to Biu\. B'ifh. Bblt. Aug. 25 Drr.a. THc. 8. 16J.ai7 218.743 -^onttijeni .i Corn. 1884. 1,652,031 Total.. The visible supply of grain, comprising the stocts in irranary at the principal ix>int3 of acuumulation at lake 11 d ports, and in transit by rail and water, Dec, 0, 1 aa follows: . VFTieat, In tttnrc at - New Ymlt Da ftlloat Albany (est.) Buttalo CliioaKo bush. f 82.«'1 S.300 10,»JO 4,00U Newport News... 2,173.401 Dilliitll. 2.N21.I, Toledo..,,.,.,..... 2,7<i2.173 39a,«)i7 OsWfiKO 248.058 lx)uU Ciueiuimti 2,567.9 J 5 »t. 36,,S71 134.1.^6 B<wu>n Torouto Pona f 297.8-10 8 J 1.020 9.C11.", -< 96,'.' 8i-'. '<) "- l,14'J,7:Ji 00,8fl8 22I,3M UOWL^ iVlUislMlppi. OnraU Barley, btuh 136,360 300,000 13,010 06, --oa 27.647 7,145 125,951 2IA,«9A 15,943 67.959 40.053 12>,><»5 4T3,2'J4 biuh. 74,fi03 314.217 142.000 15,00 J StTiiOO 3'J3,ii00 161,915 , 307,268 87,818 61.635 7,077 107,112 .5-.;. 43,. 27. liS,'<r!4 318 :i'|.-J'i'> 81,1011 2.40U il. 5,890 6.458 II l-o. 250.15ti .59.917 1.4»4,922 321^50 ,..9 •3 il» -,jOOk,627 151.. _ 34.6 13 74,183 31.299 • 6,373 Jti7ia. lis .J7 >4 1^271 220 527 132.764 Montri'.il Piul«dolphia)t,«... .?... Oiila, hiufk. 3i6.9l>7 Miiw.iukee ! Corn, busK. 10,163,789 241,129 1,218.937 955,000 443,880 2,500 16,000 67,000 3.298,000 249,0 10 11,000 10,956.153 1,837,061 628,0Jl Detroit I B^(•.100I^J Bu»)l.«0 1(» BIMH.S6 Uw Brunjaa 442.' Bjink. » We 31.918 8,008 1884. Week, Dee. 8. 090 .. I Oat«. tl» By West lOB.IW 1883. Week. Biuh. 236,105 Bblt. 143.617 10,909 23.716 16 513 Conliii'ut do. Ktiufdom 15 add, Oom. Die. Oct. a. 8. 89,017 C,872 31,125 29.002 Uu.Kios. OBADC Bye— Western Com. We as below. Wheat. 1893. 18S4. lo- P SH is corres,)on'lin3 period of last year for comparison: -Hi 34 004 2 yr— .^Ll Wk 1883. 0J 82 81 13,682 b'lue time f.-rv^irU .fi25> family brands 2.i 675 320 WIteat. S,)utlieru bakers' Eye Uoar, 00 a 2.-. Wheat— .SprliiK.per bash. Hpnut! No. 2 Re<l wlDter, No. 3 Bed winter .5 ; 4,111 ib'.q6o 12,';00 n OUR. FIDO 70,3 13 2,143 2o,«17 .SS.OOO 175,095 N. O.-fua. 4C5a 4310 4GM) May delivery 46;^ 4'3 5a 464 46% 47 Rye and barley have baen without important foiltire or cided change in prices, but buckwheat is much lower, \, .,,,. Bulk. 351.192 136,037 52 'a 47 'a 47 '4 473a April delivery Bulk. 665.38* 47:«» 47% 4113 Com. P.>rt:and. 53 Ml 53 "a 48;h . 47 534 50 53 18 Now York Bostoa Wheal. N. News. Indian corn showed more steadiness, and at times a consideralJo increase in strength has been apparent, altliough the poesibility of a "corner" on December contracts seems to have been wholly removed. Yesterday there was a pretty good exportdemand, and a brisk speculation caused a fractional advance in prices for the later deliveries. To day, however, there was a pretty general decline, the secondary qualities of sliii>ping corn alioat showing a marked depression, thy sales including Xo. 3 at 47c. VAILT CL03ISG PniCES«0F NO 2 Mr.^ED COR». .. i - i Sal. Mon. lues. Wed. Til urs. Fi-l. March - from DAILY CtOSISG ParcES OF NO. 2 BED WJKTEK WHEAT. Sat. Mon. Tues. Wed. Thiirs. Tn Picvntor H4 S4»a 94 84 Slit l)(ionil)tr delivery 79 78^8 79M 7JJ7"ir ' 41,837 '^'141 40.80? W^>j"» U;i,!jtlO Tot. 6tkaeii.a3o| 84.oti6.4«8 a7.8-,l).3M 45.l)Ulj.3ol| 45.l,81.«7» 2W,8n.51ii lO.OIlH.KOl 4.703.074 46.BU0.7lal 20.874.HTv; 8i.iiay.r,ii, 7.ai.'>.715 a.i.'iiia.M 3.«1U.4aO T>ce. 6, '84.. 40,8 Nnv.29, i'.i.033 '34i Dec.l 8, '83. Tjt. Dec. 9, '82. 39,iH.307 Tot 34.1'»">.9.i3 a'9t.I>eo.lO,'81. 18,503,725. 1ta«. 20,190.1134 '>,^<J .210 a,ii,. 8,32'J.-iiL: J. 'I I 7.>.»' • > < t O'i• •'V ...»n8 705.036 •-•04 -•T.' i.'ij'J «i31,3-'3 2,'>'! i -."11 THE CHRONICLE. 690 XXXIX. rvoL. THE DRY GOODS TRADE. which ihey were not infrequently offered in ordsr lo effect sales. Kentucky jeans ruled quiet, but a few large lots were sold by means of low prices. Ladies' cloths, tricots, cloakings and Jersey cloths were in steady but moderate request, and there was a light business in all-wool and worsted dress goods, shawls and skirts. Some fair orders were placed for carpets for future delivery, and there was a continued moderate destocks to the lowest possible point than to increase their lia- mand for hosiery, knit underwear and fancy knit woolens. Foreign Dry Goods were generally quiet in the hands of There was but little improvement in the demand for bilities. importers, and the jobbing trade was confined within narrow domestic woolen goods, and nearly all foreign fabrics ruled limits— specialties adapted to the holiday trade having constiquiet in first hands; but soma large transactions in staple cot- tuted the main requirements of retailers. The auction rooms ton goods and shirting prints were stimulated by the prevail- were well patronized by retail buyers and small jobbers, and ing low prices, and the advancing tendency of the staple. a fair quantity of assorted merchandise was disposed of Fkidat, P M.. December 12, 1834. There was a fairly satisfactory business in a few descrip. tions of dry goods the past week, wliich tends to show tha buyers are beginning to take a more hopeful view of the trade outlook but the general market was quiet as usual at this time of year, when distributers are more anxious to reduce their ; through their medium at fair average prices. Imports conSpring goods, as fine ginghams, worsted dress goods, tinue light, and buyers who have lately returned from the lawns, piques, white goods, &c., were more sought after by European markets state that their purchases abroad have and very wholesale buyers, fair orders for such fabrics were been much smaller than in former seasons. placed for future delivery. It was not an active week in jobImportations of Dry Goods. bing circles, but a fair average trade was done bj' such firms The importations of dry goods at this port for the week as keep abreast with the times, and make prices low enough ending Dec. 11, 1884, and since January 1, and the same facts for the corresponding periods are as follows: to keep goods moving. More small failures among retailers P3 have taken place, but the general financial condition of the p trade is considered sound, and collections [in many quarters [sell CM s. are becoming easier. p 3- 5 ?t Domestic Cotton Goods. he export exhibit for the g: past week is much more favorable than of late, the shipments from this port having been 7,151 packages, including 3,793 to S: a. Great Britain, 1,059 to Chili, 1,050 to China, 628 to Peru, 463 10 00 •'CO to Hayti, 239 to Venezuela, 183 to San Domingo, 157 to Brazil, *. — *. *k IsHlk pFfll — : I ''. : -4 he tone of the general market was much firmer, owing to the advance in cotton, and some descriptions of coarse yarn goods were slightly advanced by agents; but fine bleached cottons, as Wamsutta and New York Mills, were marked down to a lower price than ever 137 to U. S. of Colombia, etc. '1 <1 I before (lOo. per yard, less a discount), in order to equalizs and this action led to a heavy business in the above values, named goods, which, only. as the week closes, are selling "at value Colored cottons were in moderate demand and steady, light C- tilO to --IT CJ'CjOrfk--X -J C. ^T g* tC a — Goods. There was a considerable influx of wholesale clothiers from Western and near-by markets, whose presence imparted a little more animation to the market for men's-wear woolens; but business in this department was by no means satisfactory in amount, buyers having been exceedingly cautious in their purchases. Really choice styles and cotton warp cassimeres and trouserings were taken in small lots to a fair aggregate at full prices, but goods not strictly in accordance with the prevailing taste were almost neglected, in spite of the low figures at of worsted suitings, all-wool Lincoln mills. BOSTON, 31 Bedford Street. uir«7 vnRir5'*S Ki-W IUKKJ35 & ^ Bullard & (FOR BALING COTTON.) Agents for the following brands of Jute Bafffrtnff. "Eagle Mlll8.""Brooklyn Clty,""Ueor«!lB,""Carolln5?' 'NeTlns, O," "Union Star." "Salem,' "Uortoon Mllla." ^ IMFOBTEKS OF IKON No Water. USE TIES. No Brush, THE Kew York Moist Letter Copying Book, MANUFACTURED BY New Torfc Stationery Sc Envelope Co., Ho, 62 JOHN STREET, NEW T08K, 50,471 78.453 8.273 t" COM X M j>toc;i OU a -4 it^toxdrx -ico>c;»co piopii'cs* obV.<ibD h-iX to OtO^MtO X Oippp^M l—xVoDfO 'b'tocooolo ow to CI *0 CO 35 00 IX w' ato I to <J -^1 ii* Cippx<l CDOO 00 w> ^- *> piC*»p;-4 •^1 Oi»-t0-lO CO Ci» «*- C}« OW^C CO I 01 CO — CO >^ M* -O *h SI C7» 03 to if^ M co CD CO COXCOOLtOO •qto tOaOif^CD top CJS QOx'ni'ib xaoxtctf>6 COXX)C-cD w to -qp w M -.op U) CJ c.™ wxVTobD CCi— OC;»i-» UP o >^ to iC^ *» to « CO to Ca i3 woo co:Orfi.:cos -c: I tf- - 1 -p- Is xu'toyi'-' to -J ocs to to to to 00^4*. (XO wpoDop — c ic c M V c *- — xsi mw •>4i-'i-'C>a rf^ c-.o -*^ cc *i c; — *- ifc-CJCn J<CO CS *1 01 lU. WtO - VOi »-' -J •-' to'o to — ^M CO c X w MO O X X to X -tOOj-jO» c;i K-eo •'Jl—XQCJ c-> CT. t^' to r* O' -q :;> --i M 00 to o; CO •**. ty. to *c cjtcc'vu'b CO-1 0: CO I- c to tc w pp lobxx to to — — C- IX » *o *^ ?i U)CO W'CD ^-' pw »*- Comwicvcial ©avcTs. Ijoy, Lincoln 43 Co., I Manufacturers and Dealers tn & 15 Motley, CHAUNCKT STBMT, BOSTON. BAGGING. WARREN, JONES & GRATZ Also, Asenta A foil BQpply, all Widths and Colors, alwaya No. 109 Dnane Street. WHITK STRKBT, NEW YORK. 45 AQKNTS FOB COTTON S AILDUCK UNITED STATES BVNTTNG & C^artls. Ocean mills Co. Atlantic Cotton mills, Peabodr mills, Chicopee mt'g. Co., EUerton New mills. White mi'g. Co., Saratoga Victory mi's. Co., Hosiery and Varn mill*. BAGS, "AWNING STRIPES. NEW YORK. BAGGING ABTD IRON TIES, Jersej Mills " and " Dover Mills." y o to Brinckerhoff, Turner 119 IVAIDEN LANE, • ^ I MtOXWQO QCIO COTTON Wheeler, c;t ml 4 -J COrf* And all klndi of CANVAS, FELTING DUCK, CAB COVERING, BAGGING, RAVENS DUCK, SAIL TWINES, *C., "ONTARIO" SEAMLESS 60 Worth Street, and 37 Thomas Street. ~J CO ff; c. 'c'-h* (f^ommcvchxl & O ^ t^ (-10 to to o:^a SELLING AGENTS FOR Geo. H. GilDcrt nils. Co.. Arlington Iflllli), Freeman Ml'g. Co., Uenfretv ini-j. Co., Janieti Pliillius, Jr. Fltcliburg IVomted Co., George WUltney, Continental ITIIIU,' otto i)' t-o M 1- 10 CO -^ OS 5 •J freely distributed at 43^c. per yard, less a discount. Brown,Wood&Kingman CD 'X C:iCO ocw business (iJjomm^rjcial e^nvAs. CC to O'C^ 1 It- P GU'Xi "' Woolen OD waoxoo nels, corset joans Domestic X X CO" 0-5 was done in wide sheetings, cotton flanand dyed cambrics. Print cloths were in moderate demand, and dearer at 3 316c. plus 1 per cent to SMo. for 64x64s, and 2 13-16@2;^c. for 56x603. Shirting prints met with very liberal sales, but at low prices, such makes as Merrimack, American and Allen's having been and a <IO : ST. LOUIS, Mo. CO. Manufacturers' Agents for the sale of In stock JuM BaggtBg I lUrORTEBS OF iWOV COTTON TIEg. Eugrene R, Cole, Bliss, Fabyan & Co., I , ESTABLISHED 1855. SrcCESSOR TO SEARS & COLE, ST.VTIONER AND PRINTER, Supplies Banks, Bankers. Stock Brokers and Corporations with complete outfits of Account Books a nd S tationery. New concerns organizing will have their oi^ ders promptly executed. |y No. I WILLIAM STREET, (HANOVER SQUARE.) New York, Boston, Philadelphia, SELLING AGENTS FOR LEADING BRANDS BROIVN & BLEACHED SHIRTINGS AND SHEETINGS, PRINTS, DENIMS, TICKS, DUCKS, M. Tovrels, <tiillts,Triilte Goods Sc Hoslerf Drill; Sheetingt, <te., for Export Trtult. I>BOBMBER 1884 18, THE CHROWICLK J %n8nvnnce. ^vLswcnnct, The United OFFK'E OF THE Mutual Insurance Co., NEK YORK, JanuaiT 24, 1884. The Trimtees. In confonulty to the Charter of the Comimny, submit tlie following Statement of tt« aflalni on the 3l8t Deoeiuber, 1883: ^,168,953 10 Premiums on Policies not marked Premiums marked off f5,708,185 63 from Ist January-, 1883, to Slst ber, Br an act of the Levlsisture of thl> State thia Company's charter was bo umonded In 1MK3 that beretifter all the prullta ahall belong to tho pollcjr-holdera ezClaBlTOtr. Decem$4,260,428 93 18^3 for any cause after three years. Death Clalinti paid Ht once as soon as satisfactory Premiums and Ex- of $850,080 76 penses The Company has the foUowlng United States aod Stale of New York Stock. City, Bank and Assets, viz.: THE Stocks and 1,956.500 00 i.tUerwl«e 1,588,306 79 335,710 6 celraole Bank in Amount WINSTON, ORGANIZED APREL Assets, $12,97'2.312 47 - ing certificates of profits will be paid to the holders thereof, or their legal representatives, on KUd after Tuesday, the Fifth of February next. THE OUTSTANDING CERTIFICATES of the issue of 1879 will be redeemed and paid to the holders thereof, or their legal representatives, on and after Tuesday, the Fifth of Feb ruary next, from whleU date all interest thereon The certlUcates to be produced at the time of pay meni; and canceled. A DIVIDEND OP FORTY PER CENT is By order of J. tlie Board, B. OHAPITIAN, Secretary. $101,148,248 25 James I^w, David Lane, Gordon W. Burnham, A. A. Raven, Wm. Sturgis, Benjamin H. Field, Joelah O. Urw, WiUlam E. Dodge, Royal Phelps, C. A. Hand, John D. Hewlett, WllUam H. Webb, Charles P. Burdett, Robt. B. Mlnturn, Charles H. Marshall, John Elliott, James G. De Forest, Charles D. Leverlch, William Bryce, William H. Fogg, Thomas B. Coddington, Horace K. Thurber, WilUam Degipot, John L. Riker, N. Denton Smith, George Bliss, William H. Maoy. W. H. H. MOORE, 2d Vice-President RAVEN, 3d Vioe-Presldent France. P'rtim Pier (new) 42. North Uiver, foot of Morton St. Ttjivt'U'is Itv tliis lino avoid both transit by >*;nglish railway and thedi^^comfort;* of crossing the Cbannel in a Hniall boat. CA.\.\t>A. DeKersabiec Wed.. Doc. 17, 5 A.M. Wed., Dec. SJ4. 10 A. M. ST. SI .\H (N, Durand .Wed.. Doc. 81. UP.M. LABH vr)ol{. I'.d' HnntfTivo ;...,... It.... « I..,.,. '1'., K^vre— I'll ' ' Kirst < it-re, J:' tiirn li' atcer- ; ii^. MeHsm. Samnel OOSTAVUB TransutiunLiqviu, liuvrc Ke- iimuimts tosult. a^iid I'uri.^iii Special Train IVoin It. Ruck A C. ItOPKINfl. CUAHLKg To., New Orleans. UOPKIKS SMIVB. MTrilTR I). MIU.CK. Hopkins, Dwight & Co., COTTON COMMISSION MERCHANTS, No. 184 PEABI. STREET, NEW YORK. 0bdeb8 rok putukr contracts rxbcittid of New York anij Literpool. & Schroeder Co., BUCCK880RS TO ^VARE A. SCHROEDER, COTTON COMMISSION MERCHANTS, POST Bi;iI.DINO, 16 & 18 Exchange Place, New York. Special attention paid to the execution of orders for the purchase or sale of contracts for f utare delivery of cotton. Liberal advances made on ood- slgnments. & Farrar Jones, PEARL STREET, NEW YORK. 132 FARRAR & CO., WALTER &KROHN, COTTON BROKERS, 53 BEAVER STKEET, NEW YORK. F. Hoffmann, COTTON BROKER AND AGENT 38 R1;E de la bourse, HAVRE. James F. Wenman & Co., COTTON BROKKR3, iianque . Havre No. 113 to Paris, The Compagnie Citmenile Transatlantique delivers at its oHlct; in New Vcrk special train tickets from Havre to l*aria. JJaggago chofked through to Pari.s with'tnt ejfaniiniition ar Havre, provided passengers have the same delivered at the Company's dock lu New Vt.rk, I'ier-1^ N.trlli Uiver. foot of .Morton St., at least two hours before the departure of a steamer. BEBIAN, Agent, No. a Bowllns Green. PEARL STREET, N. \, Kstabllshed (In Tontine Buildlmt) IMO. Waldron & Fainter, COTTON HERCIIANT8, OT PEARL NTKKET. Alexander & Cargill, COTTON BROKERS, AUGUSTA, GEORGIA. (£>atton. Horace Gray, Edmund W. Corlles, Adolph Lemoyne, JOHN D. JONES, President, CHARLES DENNIS, Vice-Preaddent. A. A. roliKKHroNOICNTa Kdwardu A Co.. C4>tton Brokflv Mesflra. Smith. LIveriMHil. EI7RB, GENERAL TRANSATLANTfC CO. Between NSW YORK and HAVRE, TR VSTEE8. D. Jones, Charles Dennis, W. H. H. Moore. Charles H, Russell, YOItK IMtoiilICK RXCIIANOB aa4 the CT{ICA(i() BOARD OK TRADB. NORFOLK. YA. Direct Line to liOVIS BK: J. NKW Liberal advances made on Cotton conslgnmenta Special attention Riven to orders for contracts for future delivery of Cotton. ONLY I declared on the net earned preminmg of the Company, for the year ending Slst December, 1883, for which certificates will be issued on •nd after Tuesday, the Sixth of May next. - T T ON AKD PROVISIONS CillAIIV at the 14, 1842. Mf^mnsUips. BIX PER CENT INTEREST on the outstand- will cease. President. LIFE& ENDO WMENT POLICIES 425,<.00 00 Company, estimated at Premium Notes and Bills ReCash YORK. OF Rates Lower than other Companies, and Claims due the Iteal Estate CO. ISSUES EVERT DESCRIPTION OF $3,666795 00 ')y <> COFFEE G. MUTUAL NEWLIFE F. S. othorSU'cks Loans Bocured 1888. 1882. New Insurance Written.... 12 800,000 00 »5,231,000 00 le.TttO.OOO 00 18,80(1,000 00 Insurance in force 6,U6,»1448 5,288,21248 Assets 475,92396 Payments to policy-holders 469,678 48 Increase In new buslncas written In 1883 over. 1882, 87 per cent. GOOD AGBNTS, desiring to represent the Com§any, are Inrlted to address J. 8. GAFFNBY, uperlntendent of Agencies, at Home Offloe. INSURANCE New York. NKW YOUK roKKBI KXCHANOB. and at the Home OSIce. Absolute security, combined with tho larKCst liberality, assures the popularity and success of this Co. All form of Tontine Policies Issued. lioases paid daring the name $1,901,042 38 period Betums Inoontestable All Pulldes henceforth laiiued are 1,639,232 53 Premiums St., UUDKIf* Koil KIJTUUR nRLIYBBf Comparison or Busihess rou Two Tears. offlst January, 1883 Total Marine BuRroKD, Aotuur. proofs are received ut the PreniluniB on Mitrlce Risks from IstJannaiT. !883, to Slot De- Sonih Wllllain 8 ZBCUTK C T. n. BB08NAN. PrMldent. FKAI.IIOH, Seo'T. A. Wbkxlwhioht, Au't Btc II. Co., COMMIKNION MERCIIANTH 1800.) I.N & YORK. MVKIIPOOI, ANI» NBW 0B> Broadway, New York. attbeNKW t.RANS COTTO.N RXCIIANtiKS, AlKordenfor 2(i3 Geo. Henry Hentz States Life (OKOANIZKI) & 861, 202 C. P. OPottou. Insurance Co. THE CITV OF NEW YORK, IN ATLANTIC cember. 1883 Vll Entire attention given to purchase of TO ORDER for COTTON SPINNERS and E.XPORTKRS. CORRBSPONDKXCl Robert Tannahill & Co., S0LICITK1>. KErBUEN'CES.— National Ban't of AuffUflta, Oa. Henry llents A Co.. Commission Merchants, New York William B. Dana A Co.. Proprietors COMinacial a Fina.vcial Cbroniclk. and other New York ; Cotton Commission Merchants, NBVr YORK. No. 61 stone Street, Special attention Riven to the pnrohase Future Contracts. and sale at Fellowes & Tileston, COTTON, STOCKS, BONDS, &e., Honses- OFFICE CARPETS. Before buvlng vour Cariu'ts. I.lnoleinn, Oil Cloth8 or S(attiiik''<. rxll at BEND.iLL>S Carpet Store, III Fulton St., basi'iuenl floor. (Jbeapest I'laco tn tile city. vtMiicnt to eall, wnrt for samples. U notoon- NKW VOHK. 25 WILLIAM STRKET. Orders In " Futures" executed at N. Y. Ckittun Bxch. Dennis Perkins & Co., COTTON BROKMRB, 135 Pearl Street, Keir York. Order;! executed. for Spot Cotton and Faturea promptlj JOSEPH CI LLOTTS STEEL PENS SoidBy ALLDEALERSThrouohoutThe world OOLD MEDAL PARIS EXPOSITION-1878. THE CHRONICLE,' Ul ®Ott0tl. Woodward & IDecembhr ®Ott0tI. Waiter T. Batch. Nath'l W. T. Batch. Stillman, MERCHANTS, Post Building, 16 & 18 Excliange Place W. INMAN,SWANN&Co NEW^ YORK. MADB ON ACCEPTABLE IiOANS SBCURITIBS. BPiciAL A•^^K^(TION to Okdbrs fob Contracts FOB FtTTPBB DKHVIET OF COTTON. COTTON, ALL GRADES, SUITABLE TO OF SPINNBBS, Offbrkd on terms to Sdtt. S. & Jemison Special attention paid to INVESTMENTS and accounts of COUNTRY RANKKKS. Phenix Insurance Co. OF BRO<»KL.YlV, statement of CASH CAPITAI^ NEW YORK, NEW^ ORLEANS, AGENT FOE CRO\rEL,I<, President. WM. U. CKOWELL, Vice-President. PHILANDER SHAW. Secretary. WM. CHARTKRS, Assi.stant SecretarT. FRANCIS P. BURKB, Sec'y Local Dept. Authorized Capital, R. M, 20,000,000. HOME Paid-Up Capital, K. M. 6,000,000. IiKHMAN, ABRAHjtM New COMMISSION MERCHANTS, 16 and 18 Exchange Place, OLD SLIP, NEW YORK, AND NORFOLK, VA. NO. 12 Board. l*etroIeuni ExctianKo Libentl advances made on and titock Fergus Reis. & Reid Price, AND EXCUANGK PLACE, No. 40 RANKERS AND & COnilllSSIOIV No. 123 PEARL & Bloss, No. 18 W^iUlain Street, NEW YORK. And General Commission St., Mercliants, New York. Liberal advances made on cotton consUrnmenta Bperla attention given to orders for contracts for fgtore delivery of cotton. ST., NEW YORK. New York. H. CL,ISBT &. nONTGOJIERY, AliA. a Commission i'ok Beede& Co., COTTON BROKERS, No. S and T WIi:iI.,IAITI STREET. Bpecial attention (liven to orders for the buylna for FpruitE Deli vehy. Geo. Copeland & Co., COTTON BR0KEB8, 134 PEARI, STREET, ST., 186 New Yorlc. 1,923,185 98 4,000,000 00 JAS. A. 93,269,457 86 St., New ALEXANDER, North GRAVIER ST., York. AKent. op NEW YORK. & Mercantile New United States Board of Mauagement, NEW BABCOCK&CO. Beoetre oonelgnoients of Cotton and other Produof execute orders at the Kxchanges in Llverpoo Bspreseuted In New York at the office of . BABCOCK, 32 Nassau Street. New Y'ork. WABBKN EWEN, JK. John M. Ewen. Jk Brothers, NEW TOttK. CBABLES MAYHOFF. von Gundell & Mayhoff, COTTON BROKERS, N08. 2 VON E. WHITE, SAM. P. BLAGDEN llANAQBRa Office, 64 WllUam St., New York. G offiinercial 33 Broad Street, VON GUNDELL. A. C. CHAS. D. COTTON BROKERS, No«. 31 YORK: 8oLONHnMPHREr8,Cli'r'n,(E.D. Morgan ACo,) Davtd Dows, Esq. (David Dowa & Co.) E. P. Fabbri, Esq. Drexel, Morgan & Co.) Hon. 8. B. Chittkndek, 1£ZRA White, Esq. J J. AsTOB, Esq. COMMISSION MERCHANTS, 17 IVater Street, LIVERFOOI., Ewen Co. Ins. LONDON AND EDINBUROBL. Orleans, La, orders for future contracts. B. F. British OF Special Attention Given to the Execution CO., COTTON BUYERS, Phbchabb o nly on Orders PEARL 123 SAM'L Advances made on ConalKnments of Cotton. ContraotB for Future Delivery of Cotton bought and old on oommi Baton. selling of Cotto.n 80 for Capital HANEMANN. CLBMEN8 nsCHBB. ftQd COTTOJV. and $9, 192.613 onpald losses and re-insoranoe fund Liabilities Mohr, Hanemann & Co. Henry M. Taber& Co., •William H. OF HARTFORD. NET SUKPLOS & Wakefield, COTTON JOHN Company Insurance No. 3 Cortlandt Tuttle PEARLi iETNA SELMA, ALA.; MONTQOMKBT, ALA. H. W. $7,343,574 4« , ; 141 1884 9IERCHANTS, ST., Orders for future delivery of Cotton executed In New York and Liverpool also for Grain and ProTlBlons in New York. 84 Reaver 1, Buyers of Cotton for a Commission. Orders for Fu tore Contracts executed In New York and Llverpoo WM. MOHB. 00 OHAS. J. MARTIN, President. J. H. WASHRURN, Secretary. Assets January 1 1884 & Commission Merchants COTTON COMMISSION MERCHANTS NORFOLK, VA. Gwathmey Cash Assets, July Co., CSoiton Brokers adrances made on Cotton conalgnments. Bpecial attentiuD given to the sale of cotton to VTlTe or in transit fur both foreiprn and domeatic marketa. CorreBpoudeuce solicited. OFFICE 119 BROADWAY. CASH CAPITAL »S,000,000 Stbebt, Orders executed at the Cotton Exchanges in New York and Liverpool, and advances made on Cotton and other produce consigned to us, or to our correspondents In Liverpool, Messrs. B. Newgass A Co., and Messrs. L. Rosenheim & Sons. Co., lilberal OF NEW YORK. MEMBERS OF TBE COTTON, COFFEE AND PRODUCE EXOBANOES. John C. Graham Company Insurance Reserve for Unearned Premiums 2,650,607 00 Reserve for Unpaid Losses and Claims. 350,312 48 NetSurplus 1,342,666 04 conmssioN iuerchants. 204 Church Neiv York. cunsi,;nmenta. Theo. H. Price, Late of Eure, Farrar & Price. Orleans, La. Up-town Office, No. Vff Special attention given to the o-tecutlon of orders for the purchase and sale of Cotton, Grain, and Provisions for future delivery. Orders aL-^o executed on the New York DUItR A Co, Montgomery, Ala. L£II.MA.V, LEHMAN BRO'S, Cotton Factors YORK. Rountree & Co., COSmiSSION MERCUANTS, A CO., »8,957.878 85 STEPHEN COTTON FACTORS AND 00 35 68 64 11,000,000 2,042 222 256,488 658,967 Reserve for unearned premiums .... Reserve foriinpald losses .... Netsurplus & Co., Galveston, Texas. COTTON COMPANY OF STUTTGART. & Gwynn, 195 Broadway, New York City, Company Isl Day of JvUy. 1884. Office, G. E. Staenglen, NEW Sons, BANKERS, 14 NASSAU STREET, NEW YORK. —with Interest upon balances. Co., AND Post BtriLDiNa, & T. Hatch WANTS COTTON COMMISSION MERCHANTS, No. 23 WUUam St., New York. Fielding P. Batch. Personal attention glvon at the EXCHANOBS to the purchase and sale of STOCKS and BONDS for cash or on martdn. DEPOSITS RKCBIVBD— subject to Check at sight New^ York. BANKERS Jeiuison,Groce Benry ArOiur M. Batch. BRANCH OPFICICS iti«s6 i2« Chapel •?! ^•• r^l!'.°/''l''J5"£*'' Ht., New Uaven COTTON MERCHANTS, Oaih Advanceg Made on Cmuignmenis, E. 13, 1884, 4 4 STONE STIIEET, GlJNI>EEir&; NEW YORK. (Of LONDON.) ALFRED TENN. PELL, Eesidant ^lanagtr. nAYUOFF, COTTON BUYERS, ME' HI PHIS, LJnion Jns.L/o, Cor. Pine & William Sts