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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

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For One Year

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do

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rhUadelphia

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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)
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do
do
do
Sixmos.
Chicago
These prices include the luTestors' Supplement, issued once in two
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CHRONICLE.
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WT, .,.„ B.
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wiLUAM

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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.

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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

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a *:

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to
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^--^

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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

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w»r*w*-M

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^*^>;?
— 'c;^^5 MTjcbobbb c-'Vb
wV '-toc V

5
I

p

;

CO

CO

C5

:

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«

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"

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to CI *0 CO 35

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to to to to

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to

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0: CO I- c to
tc w pp
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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