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kmm
HUNT'S MERCHANTS' MAGAZINE,
,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
VOL.
SATURDAY, DECEMBER
49.
Terms of Subscription — Payable in Adranco:
H
The.«e prices include the In-vestors' Supple.aient, of l,^0 pa'-'es.
Issued once in two months, and furnished without extra charge to
subscribers of the Chronicle.
A file cover is f'lmished at 50 cents; postage on the same Is 18
cents. Volumes bound lor subscribers at $1 00.
Subscrii)tions will be continued until defluitely ordered stopped. Tlie
publishers cannot be responsible for remittances unless made by drafts
or Post Office uioney orders.
Adrertising'.
Advertisements ordered for less than one month, in the Commercial
A FDiANCiAL Chronicle, are published at 35 cents per line each insertion. When orders are deflnitely given for one month or longer, a liberal discount is allowed, and the net priceJ* may be obtained on appliCiVtion at the otfice. The lowest rates on permanent cards deflnitely ordered for one year are 8 cents per line each insertion, making $58 for
one inch space one year. Space is measured In agate type— li lines to
the inch.
Week Ending December 7.
1889.
t
New York
I<ondon| Agents
Edwards &
Smith, 1 Drapers' Gardens, E. C, will take sub
scriptions and advertisements and supply single copies of the paper at
Is.
distinctly favorable character of the current exhibit ia
apparent, however, when we state that in no week of
either 1889, 1888 or 1887 has the total been so heavy an that
now recorded, and it lias been exceeded but once since the let
of January, 1883. The dealings in sliarr> proi>ertif« on the
New York Stock Exchange for the we<,'k, wliile heavier than
for the week ending Novembc'r 30, fall boliiiid the week of last
year. Tlie s-ame ia true of tramtactions at Boston.
Compared with the similar period of 1888 the week's total
exhibits an excess of 10 per cent, the increase at New York
reaching 12'3 per cent, and in the aggregate for all other cities
The New York clearings other than those of
is 6'1 per cent.
speculative origin exceed the like figures for last year by 30*4
per cent. Only eleven cities refwrt any falling off, and the
gsrcentages are smill, except at Los Angeles and Norfolk,
alias is most conspicuous this week in proportion of increase,
with 97 '4 per cent ; other heavy gains are at Fort Worth, 81 '5
per cent, Denver 49, Wilmington 35'3, Grand Rapids 3.S-*,
Louisville 28-3, Peoria 26'6, Indianapolis 24-9, and Colurabas
24"8 per cent.
made
For One Year (Includlug postage)
$10 20
For 8Lx Months
do.
6 10
European Subscription (inoliidinK postai^o)
50
European Subscrlptiou Six Months (iucIndluK postage).
<• 75
Annual Subscription in London (including postage)
£2 7.-*.
Six Mo3.
do.
do.
do.
£1 88.
Messrs.
each.
wirii.« 1. r.»». ( WIIililAIfl B. DANA ic Co., Publishers,
'^
YORK.
102 William Street,
TriHN G. FLOYD.
JOHN c mri-^n
^
p„g.j Office Box 958
NEW
f55J03,840
Sales ot—
iStockt
(2,045,6041
(»!4.800J
(SQ.Wig.OSOJ
gtiarei.
bnlet..
(Cotton
{Grain
husftetB
(Pttmleum
.8,71X1,000)
M>l'.
10B.B4S.031
Bo8t'>n
ll.rtf.ird....
6,100, TOO
11,148,488
New
1.674.697
Providence.,
Htiven.
SprinitHeld...
l,itt>9.30l'
Worcester...
I.IIW.'.W
Portland....
CLEARING HOUSE RETURNS.
1,817,!!B»
New
Boston
B7,426,9'i8
Philadelphia
Baltimore
11,317,763
61.53S.0OO
17,264,040
11,376,330
Chicago
St. Louis
New Orleans
Seven
Other
cities,
cities,
Total
5 days
5 days
all cities,
5 days
All cities, 1 day
Total
1889.
$61 8,223, S93
83,939,566
York
all cities for
week.
+ 12-2
+9-0
+7-8
+2-2
-71
C86l,083,258
118,111,379
$794,2o5,';86
10.),l.28.479
+8-4
+12-5
S979,194,«37
203,287,416
$r99,jl4,i65
+ 8-9
$1,182,482,063
$1,088,791,748
week covered by .the
next Saturday. We cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night. Below
are our usual detailed figures for the previous week, that is,
covering the returns for the period ending with Saturday
noon, December 7, with the comparative totals in 1888.
It will be noticed that the aggregate is very decidedly in
excess of that for the previous week, but part of the gain is
due to the fact that in consequence of the Thanksgiving holiday, the preceding total embraced only live business days.'
The
full details of clearings for the
above statement
will be given
(-08-8)
(8.680.0UO)
-8 8
81 ,555.337
+8-1
^•8S.8ao
+84 8
107,800,087
6.486,000
8,0»7.740
l,»l6.06u
1,544,748
1,176,434
1,801.426
+8-4
1
868.8001
(8-^17.400
1.A8H.78S
-»S
4171
OW.OSt
-8-0
-l»-4
1,<OS.076
+1-8
.t»«
4 8-9
988,840
188,fcll
-7'!l
188,418,414
~-iro
«3.321,780
_+«-«
+**
80,281,717
.f8»
+I7;a
14.848.317
61.761 .aan
11.881.378
ii.Ba«.iai
+nr;
8)1.64(1
108,160.136
77.15^.386
l.Ht 8,002
Peoria
1»,006.411.
74y,l4<
ll!.>«4.»)0
6,191.6(13
6,4i 1.8U0
4.17>i.84a
2.8S3.I30
».o. 4...07
1,29
.112
•
+88
+36
1
'
084.93)1
e«3.ssi
>.Skl.i«b
.19-3
60,087.148
+18-8
+«-«
8.839,KI«
+^0
+8-0
-06
4.017,8ai>
4.000.60.!
+^8
10,<l<«,4a(l
-
0-8
1-U-8
+24 8
484 9
8.076,UUU
l>88.0ve
+81-2
+8-8
+«>0
1,301 .«BU
+1*0
884.406
SlM.UOl
6H(.8.»
1.2,672,761
+98
4«-4
«0,BIS,3«8
18.':0«.8»M
Total Middle Western
+ar»
+I0-9
88.584.008
0-8
-1.
122.883,468
Grand Rapids.
17.84S,8»li
-f«B
1«,C3«,738
9.878.762
10,810.454
+4-4
-18-8
7.^lrt.l5l
8.8«7..'«4
6,181.700
+ 1T9
I'muha
4.803,714
e,77Mil7
4.61)6.0 6
4,0W.a«i
i»
7.70S.UI14
Minneapolis
St. P»ul
Denver
B.ooi.sm
Duliith
2,iao.3««
1.748,188
Sb*i
Francisco
Kansan C IT
4.4W.9im
1-6
8.M48.«oe
8..16«.5l'8
+490
»,78i(.0«r
-i«S
WO
)l|.'<,4«3
8.088,
1,580,. 66
I,03y,(i0u
BS8..X07
42.. 773
l>*!.l«4
Ik64,9l8
8»,,SI»'
Portland"
+45
+ U7
—XO
-6-9
+US
8.818,017
Senttlo'
-91
+818
ua-n-J
8t. Joseph
L'la Aniteles
T"ppka
Des Moines
I
— 78,
(.|8|-9,
1.081.151
6»4,Mr;
4.684.rt;6
8,BW»,li*l
8,666. 10«
IiidUnapuIis...
WIch.ta
18.S477,483
(349.700)
tai.V^O.VOfll
I83,lk8,0u0
f4.«98.85«
U.842.H6(J
B.SKS./Ml
6,87l.83«
Columbus
-19-7
12,240,(149
(+14-7)
1—14-81
l-Sl-6)
1+19-1)
118.806. 124
Cleveland
^8-3
+«S
(I.S81.487I
8;s,««o
l,oia,43;
S.l»l.«7t
Detroit.
1888.
$471,074,345
74,797,9»4
52,668,098
10.5U2.607
66,103,000
18,899.703
e96.«oej8«o
-l-S)
14.ts31,S.0
Cincinnati
MtlwHukee....
14.
+18-3
(8,ir?2.fB7)
87,401,504
14.0S7.2-^
ChtCKRO
Wefk Ending December
P.Omt,
t
761,760.483
781,004
Total Middle..
last year.
ir««t Bnd'g A'on. SO.
P.CenL
188S.
180.007,804
The following table, made up by telegraph, etc. (as fully Lowell
explained on this page in our issue of October 30 and previous
Total New England.
numbers), indicates that the total bank clearings of all the Philadelphia
Pitt.Hburu
clearing houses of the United States ft>r the week ending to- Bal'imore
Syniciii'O
day, December 14, have been $1,182,482,053, against SI, 335,- VvilminKton, Del.,
week and $1,088,791,748 the corresponding week BtlSalo*
031,542 last
Clearings.
JUtUTn» by TeUgraph.
1,277.
The
%ht ^hxoxxxcU*
Terms of
NO.
1889.
14,
96.1,9!1
1.148.Vl>)
SlouiClty*
56,68«.B1«
Tutal Other Western.
+7-7
81,701328
9.SU.864
7.184.29;
Memphis
4,llll».08«
«,006.«lvr
Klcbniond
Gh Teston
l(,l!»l.3.t6
2,174877
l,8ffl.l>e3
H.Oi'i.eM
Dallas
1,470,0>8
744JiW
Kort Worth
N.rfolk
NashTllle*
1U»,877
1,1M4ISI
612,40.^
1,400,4(18
Orleans
BIrmlnKnam*..
Oatslde
..
61.837,883
B8.-.<:5,118
I.S3S,03I,5«I 1.213.310,894
all
New r>Tk
'Kotlnclnded
16,»'«»,8I7
4k82
+8-4
-40
— liro
+974
4818
-18-4
8,004.666
748,881
Total Southern...
Total
47,15n.5«7
497
+80
SS.SOS.OIO
16,ISU.3I6
New
611.348
1,515 VB7
In totals.
47V 12a.V08
-S8D
44-7
OOiJtf
68.e33.4W
Lou-svllie
St. I.onls
477.UV4
&81.7V«
304.6M
4OOB
77".S86
881,014
748.281
Tacoma*
1.68o,a6e
l,l>.>8.807
»10-7
+<4'8
-18-8
—81-0
451..'i4»."H'
+10-0
+10-0
aB3.i.-'*Mt_
+8-»
THE CHRONICLE.
770
rvoL. ziix.
and an increased business is reported from
The supply of good names is fair, but it
worthy of mention that the choicest paper is not
city banks,
out-of-town.
TUB FINANCIAL SITUATION.
is
The
money market have not being offered.
during the week. There have been
Money in London has been
surface conditions of the
easier through the week.
from this centre to the To-day the cable reports discounts of sixty to ninety
some important receipts day bank bills at 3^ per cent. At the same time the
banks having received $800,000 rate at Berlin has gone up to 4| per cent, and at Frankare reported, one of our
gold from San Francisco, a part of the arrivals last fort to the same figure. The hardening of the rates in
week at that port from Australia. Bond purchases by Germany is said to be due to a special demand usual at
the Treasury Department have also been heavy, aggre- this season of the year. Although the figure is close up to
gating $3,590,150 of 4s and-$l,287,800 of 4is, or a total the bank rate, and the outside quotation may even exof $4,877,950, which suggests a large addition to ceed that at the bank, it is thought unlikely that the
changed materially
large shipments of currency
On the other hand
interior.
the currency afloat; but as $1,080,000 of this total are bank will advance its official rate. The easier tone in
stated to have been bonds held for bank deposits with- London is probably mainly due to a relief from the fears
drawn, the result of these purchases has not been of withdrawals heretofore anticipated for shipment to
much effect several points. Nothing seems to have been r(iccntly
proportions to have
sufficient
of
on the bank reserves. There was an expecta- taken from London for Germany, and very little has
currency flowing gone to South America, whereas the time has nearly passed
tion also of new supplies of
Government disbursements the current when any movement of gold from London to New York
from larger
month, but up to this date that expectation has not is usual. In fact after the first of January if our
been realized. It may be that Government receipts of
revenue have been even larger than usual, offsetting the
freer disbursements, and thus leaving the outflow from
the Treasury, on account of bond purchases, just about
sufficient to meet the outflow from the banks caused by
the demand from the interior for currency. Consequently the figures we give at the end of this article
indicate that the bank statement of to-day ought to
show a small
los3
in
the holdings of lawful
money market should be
easier,
our foreign exchange
The Bank
rates would advance materially.
of
England
This, as we are adlost £314,000 bullion this week.
vised by special cable to us, was due to exports of
£250,000, wholly to Portugal and the Cape, and to shipments to the interior of Great Britain of £64,000. The
Bank of France lost £143,000 gold.
Our foreign exchange market grew gradually firmer
money during the week until to-day. Under the influence of
lighter offerings of commercial bills, easier discounts in
not surprising under these circumstances that London, and in response to higher figures for actual busiIt is
our money market should remain sensitive, and that ness, there was an advance by the Canadian banks
slight influences should continue to cause wide fluctua- to 4-81i for long.
The leading drawer, however, and
The other bankers continued to quote 4-81 for sixtytions in the call rate at the Stock Exchange.
extremes this week have been 15 and 1 per cent, the days and 4-85i for short. To-day sterling was heavier
former being recorded on Tuesday, and the latter on again. It is possible that the inquiry which usually
Wednesday. Money was placed at both rates named, sets in about the middle of December for remittance
reserve.
but
it
body
is
of
needless to say that neither represented the
loans made.
speculative.
position to
Some
call
the higher figures
abroad
cause
will
a
change
permanently
rise
in
the
tone
the
for
rate
short
and
ster-
The truth is, however, lenders are in a ling. Cotton bills are likely to decrease in importance
demand that their money shall be secured from this time, and very little seems to be doing in
collateral, and when anything else is offered, stocks on European account.
This week the arbitrage
by the best
the accommodation is refused; so in the effort to procure houses have done substantially nothing.
funds, late borrowers not infrequently, and certainly unstatement was published last week, purporting to
intentionally, bid up the rate. This is said to be the ex- show tiie comparative net earnings of the St. Paul &
planation for the higher rate given above, while the Omaha road for the first six months of the present year.
low quotation on the next day was due to the fact that As that road does not furnish monthly reports of exthe experience of Tuesday led many borrowers to pro- penses, and nothing was therefore known as to the
Tide themselves with funds early in the day so that the course of its net income in 1889, the figures had decided
inquiry was well satisfied when after the delivery hour interest, even though relating to a period several months
a comparatively liberal supply was offered at 1 per cent back. The method adopted in arriving at the result
A
and enough money was placed to make the quotation. was evidently to take the totals reported to the InterThe average for the week was probably not much, if State Commerce Commission at Washington for the
any, above G per cent, renewals
being made at year ending June 30, 1889, and deduct from them the
that figure. Banks and trust companies have generally earnings as previously reported for the six mouths ending
kept their rate for call money at 6 per cent, though
there are some few which charge a higher rate.
Time
loans are quoted at 6 per cent for sixty days to six
months on really prime collateral, dividend-paying
stocks and first-class bonds a fair amount of money is
offering, mainly from out-of-town, but some by our city
Unfortunately, however, the calculation was not correctly made, and the figures given
were erroneous. We have been able to get the correct
December
results,
demand
and give them below by months.
CHICAGO
;
institutions, while the
31, 1888.
ST.
PAUL MlSNEAPOtlS A OMAHA,
Ntt.
Gross,
is
good. Rates on active
five
six
months.
There
is
also a
good inquiry
foi
and 8 per cent with which to carry lines of
second-class bonds for sixty day to six months or until the
securities can be marketed.
There is a little doing in
commercial paper by some of the stronger of our
3C«.e.S4
at 7
May
Jane
Total
1883.
f
security remain at 7 per cent for four and 8 foi
and
money
1888.
f
mixed
1889.
429,ir3
B33,5ai
450.583
481.440
1888.
*
321.708
438.681
102.73S
def. 37,720
147.fiC8
600.031
218.Z0B
90,665
136.283
496.8H
471.8»
144,071
121,737
209.863
604.300
478.733
601,364
115.946
161,308
150,396
2.739.088
2,703.869
935,166
Dbcembkr
THE CHRONICLE
1889.1
14
This shows that while the gross earnings for the lialf
year were less than in 1889, the net on account of a
reduction in expenses, improved from ^664,399 to
771
FMEE RECEIPTS OF SILVER BULLION.
There seems
to be a disposition
among some
of
thow
a leaning towards Secretary Windom's plan
for a silver bullion currency not to accept our concln-
who have
$935,156.
As regards earnings in general, the situation is still
the same as heretofore that is, very encouraging. We aions of last week as to the practical working of the
According to our
give a very full report of gross earnings for November conditions outlined in his report.
four million dol- view, the outcome of a limitless market established here
on another page, and this shows over
that we
lars gain as compared with the same month last year on for the white metal would bo so disastrous
—
again, and
the 152 roads included in the exhibit, the ratio of venture to go over this feature of the plan
For the first week of Decem- endeavor to make the results as we see them as clear to
cemt.
gain being 12 per
ber 51 roads have reported thus far, and there the gain others as they are to us.
Wo mean in this case by the expression " a limitleM
is 10-47 per cent. We have also had some additional renet earnings this week for the month of Octo- market" a market that will absorb constantly and
turns of
in
Of these, three deserve special mention for the freely without depressing price all of the commodity
ber.
That these words are
extent of their improvement, namely the Atchison, the question which can be offered.
our mints would hold with
Wabash, and the Denver & Rio Grande. The Atchison descriptive of the position
were Mr. Windom's plan
has net of $1,299,514, against only $893,615 in Octo- reference to the white metal
only to quote his own words. In
adopted, we have
ber, 1888 ; the Wabash $478,451 against $313,902
arrangement, he states "that
and the Denver & Rio Grande $386,302 against indicating the scope of the
" the proposition is briefly this: To open the mints of
1283,029.
" the United States to the free deposit of silver, the
There have been within recent weeks surprisingly
• * * at the time
in railroad rates, " market value of the same *
few reports of cuts or reductions
testimony to the generally "of the deposit to be paid in Treasury notes." What
offering in this striking
market value" in the above extract
improved character of railway affairs. But the present the words "the
be gathered from a subsequent portion of
week two or three notices have come to hand which stand for, may
where Mr. AVindom explains that "these
deserve mention only because, being exceptions to the the report,
" Treasury notes would only be issued at the average
the situation
rule, they show how strong and satisfactory
centres of
The Burlington & Northern wants to " price of silver in the leading financial
is.
as a whole
" Europe and the United States." Taken together,
reduce flour rates between St. Paul and Chicago, the
City then, these two citations from the Secretary's proposal
Alton wants to reduce cattle rates between Kansas
whole transaction; (1) they authorize the
and Chicago and the "Soo" road is dissatisfied with the cover the
offerings of
business to the absolute purchase by the mint of all
•onditions as to through passenger
provide that
yet from any of silver bullion from every source ; (2) they
Nothing serious has happened
East.
" the value " to be paid by the Mint shall be established,
these cases, and nothing serious is expected. Even if the
the transaction might
persuade these roads to reconsider not under any influence which
making to
the
their proposed reductions should not be successful,
roads would be very slight, for there
on the other
efforts
have, but wholly by outside arbitrament; (3) they prefrom
vent supply (that is daily deposits), however large,
effect
degree the markets which control the
determination to maintain depressing in any
is practical unanimity in the
rates on a fairly remunerative basis.
following statement, made up from returns
collected by us, shows the week's receipts and shipments
of currency and gold by the New York banks.
The
Wetk «nd<nff Dec.
Rfceived by
N. r. Banks
13, 1889.
Gold
KOlil
r.
Banks
Net Interior
Movement.
11,125.000
1.000,000
Cnrrency..
Total
Shipped by
!f.
and
legal tendars.
1,088. tl,«)0,000
12,125,000
|4.«35,000
Losa. 12,130,000
810,000
L08«.
to illustrate the foregoing points at a
greater length, since the issue at stake is very importexplanation may be
ant, and a few words of additional
payment
helpful to some. Observe first how complete the
little
provided is, though the significance of this
is
completeness will be more fully seen as we proceed. It
redeemable in silver bullion at
made in Treasury notes,
on the day of redemption. The first thought is,
which
is
price
for the silver
therefore, that for the depositor to get gold
s«ld
the bullion would have to be withdrawn and
bullion,
its
With the Sub-Treasury
Week endJns
«2,415,000
1,840,000
mint price.
But it will be well
Dec. 13, 1889.
operations, the result
Into
Bank:
Oiitof Banks.
14,150.000
Banka Interior MoTemont, aa above
Bub-Treaaury operations
Total gold and legal tenders.
f(.2S3,0U0
12.200,000
|lil,27.i,0ft0
116.455.000
»2. 128,000
is
Ket Change in
Bank BnltUnf
LK>s9.t3,13'),OO0
Gain.
l,9.'50,OOC
Loss.
tlBO.OO"
following table indicates the amount of bullion
principal European banks this week, and at the
in the
corresponding date last year.
The
_^__
Dec. 13, 1893.
Dec. 12. JS^9.
Banktol
QoUl.
.
Silver.
£
S
Total.
Sold.
£
Sillier.
£
19,e.-i9,999
Bnjrland
IB.O'W.SW
France
Germany*..
Anat.-HunK'j
5fi.*B5,S45 49.8«l,30fl 100,717,131
Netherlands..
2olal.
£
18.489,414
18,489.411
38,814.0011
40,«31,034 49,138,93(1
20,101,6117 U,7U2.3;)3
89,788,570
25,^fH3.14'l2,«14,IW(l
5.4ID.0OO ia,017.iXK]
S.ITX.OOO 5.975 001
21,437,000
B.9i9.0Oo'l5.503.0O:'
21,452,000
11.16.1,001
5,085,000
7,471,01)0
12,556,000
44,107,)Oi|
That is not at all the
notes may be counted as bank reserves and
in the open market.
case.
will
These
become
currency; they
as soon as issued a part of our domestic
and public dues.
are receivable for customs, taxes
Hence through the banks the notes are immediately,
by the depositor, convertible
foreign depositor of bullion in our
into gold ; so that a
day of
mint would get gold for his buUion on the
" at the average price of silver ia the leading
deposit
" financial centres of Europe and the United States,"
people of the
while we (that is the Government and
and the silver
United States) would hold the notes
that
is
as soon as received
.same.
with the incidental risks attending the
above is that the price the
Tot.ttiia week lfl9,7«2.0
The next point mentioned
10l.55«,82:<!87,9a2.a01 1SU.51S.S27
Tot.prev.w'k. llfl,21i.7'3 .'<fl,8-5,lHl l9il.4lW.9<7
the
Government fixes and pays as "the value" of
im.t silver) ,?lven In our table of "oln and
•The (llvislDn (.hctwc«,n Bi.M
tho Bivnk of Belgluin is ii.aac from
fctillio« m the B*nlt of Ger.QiU.y aa.l
degree influenced by the amount of
bullion, is in no
case Is It J'l^'''
The ^st°-rtlm"t w, an, able .0 obt^^n; la noitli«rtheir weekly i«l>«'}.»''
'"•.
However large or however
be acwirato, as those banks m ilce no diatinorJou In believe the division the offerings at the mint.
and sliver, but we
m«nX rep JrtinKtIieiotaU'l.l
claim
offerings may be, one lot has as much
small the
2,T79.000
1,389 000
8
Nat.Belnlam*
S«,21«,9"-,
4,198000
2,511,000
1,257,0011
3,771.0111
195.t79.05'l 102.073,715 8«Io70,2e» 100.143,981
^SSVTl'we^';^c'^:•^:;«fo;eKo:.T^CBultsweeklybyo^
they are tlio rewrn»
allof thBdatCKlven at the Iwad of the column,
that date-tUat Is. tie latest reported flgarea.
tMi)«d nearest
w
as another,
and they
all
have an equal and absoluto
THE CHRONICLK
772
right to be deposited iu the mint and to receive " the
market value " ia these Treasury notes. Perhaps it
LVou XLLX.
•
Government desired
10 millions more of its old
has been that it stopped selling
will take a moment to grasp the breadth of this pro- because the markets of the world would not absorb its
vision. It may help the reader to do so, if he remembers old stock except at a continually declining price.
Be
that there is no financial centre in Europs, where one that as it may, it now has the option of two selling
could dispose on any day of a large supply of silver without points open to it, against one formerly. In making a
breaking the market.
It is a notorious fact that choice it would reason thus. Taking the commodity to
although the London price is to-day the standard, but
a small daily supply can be sold there.
This has all
along been the grievance of the silver-mine owners.
An unceasing complaint among them has been that a
thimble full of silver supjjly there, depressed value everywhere. Hence the Bland bill was framed to relieve the
pressure on the only open market there was.
The object and motive of Mr. Windom's measure are the
same.
On the other hand there is and must continue
to be always a considerable legitimate demand for silver
at
London,
as
silver.
The
to sell
report
London would evidently result in weighting that market with these offerings.
On tlie other hand, taking
the commodity to the United States (1) will prevent
Germany's sales from causing any depression in London; (2) will afford an opportunity for and assist in
a rise in price in London, by helping to shorten the
supply on that market; (3) will give Germany the advantage of any rise that takes place in London, because
that market will remain as it is now, the regulator of the
markets outside the United States
the commercial centre of the world, and mint and therefore the regulator of our mint price.
Not only will Germany reason in this manner,but every
using countries of the East ; so that if the supply at other European State will, and so will every producer in
that centre can be kept short of this demand the the world.
Apply a similar system to wheat. Let the
natural tendency of price would be upwards.
United States promise to buy and store away all the offerThis brings to view the other point referred to, ingsof wheat "at the average price" (of wheat) "in the
and discloses the whole working, and larger influ- "leading financial centres of Europe and the United
ence than we can believe was intended, of Mr. "States." Who after that would send a bushel of wheat
Windom's measure.
Does not the holder of the to Chicago, to New York, to Liverpool, to Paris? The
white metal, however far from America his mines whole body of producers would naturally, individually,
especially as the centre of the trade with the large silver-
or
stock
in
may
case he
come
to
New York
said proves this,
don he
will
have
be,
wishes to
sell,
for his
we think,
aid in
a
and without any combined movement, avoid all those
open markets, making famine prices prevail at each,
What we have and thus secure from the United States the high
he goes to Lon- average price of the whole for their produce.
market; if he
We cannot believe that anything further is necessary
decided
market
clearly.
inducement,
London and
to avoid
?
If
depressing that
to
and comes to New York to make obvious our contention of last week, that a free
keep London short of supply, and market for silver bullion here]of the description proposed,
therefore help advance the price at that centre.
There would only end in our getting a very large portion of all
will be no combination, it will be a natural current set- the new silver production.
But there is a more serious
ting away from London, setting away from Europe and question still.
Would it not also bring to our mints all
setting towards the New York market, because in the old silver which could be dislodged ? It must be
passes
he
by
that
city
will help
dumping
his load into our mints the owner depresses remembered in answering this inquiry that it is now 16
nowhere while shortening the supply at the points years since silver was virtually demonetized, and that
which regulate our price, that is the price he gets for this long depreciation has disturbed the old idea of its
his metal.
value a blight which to remove, and to bring back the
This description as to the practical working of the old faith, will it is reasonable to presume require more
Secretary's proposal prepares the reader to answer the than the buying of the United States mint.
Our free
question which the Secretary appears to think suggests market can be depended upon for running up the price
an insurmountable obstacle to a large movement of for a time, no doubt. What has been said proves that most
silver to the United States.
"Why," he asks, "should clearly. Shorten the supply at London and all other
"one pay the cost of transporting silver from Europe, to open markets materially, and there can be no other re"exchange for our Treasury notes at the same price it sult. But it is not in the nature of things tliat our
"would command in gold at home?"
Mr. Wiudom triumph should be more than temporary, and Europe
seems to make a distinction here and in several other is likely to discount that truth by unloading on us as
places between the gold payment in London and the much of its old stock as it can part with.
The higher
Treasury note payment in the United States. Indeed, price, too, must increase production, as we explained
he makes the contrast between the two currencies even in our article of last week. So we cannot even measure
more emphatic when speaking of the silver bullion of the annual new supply which the mines under this new
South America, for he says "it would not come" (to stimulus will put afloat. Hence, with an enlarged annual
the United States) "from South America because it product, and with Europe and perhaps the East contribut"would command the same price in gold in London that ing a quota from the old stocks, the extent of the prob"it would in notes in New York."
Our explanation able supplies at our mint market can be readily imagined.
given above shows that the payment would be gold in Truly, is it not better to suffer the evils we are now
both cases. The Tieasury notes would be a part of the living under than to fly to others which no one can
currency of the United States and, so long as the gold measure.
basis was continued here, those notes would be immediTo show how the final catastrophe will come is imposately convertible through the banks into gold.
But sible. We cannot forecast future events we can only
we have gone over that matt«r already and need not suggest what might happen.
If the silver current
enlarge upon it again.
sets this way as
we have described, would there
In reply to the other portion of Mr. Windom's inquiry not be a reverse gold current.
How else are we
we can answer it perhaps more clearly by illustration. to pay for such a supply of silver bullion.
With
Take, for instance, the case of Germany. Suppose that " Treasury notes," may be the reply. But what are
price
—
;
December
14,
THE
1*9.J
(JIIRONKJLK
773
Treasury notes but the currency of the United States enactment by the last Congress of a
statute requiring
interchangeable with every other kind of currency and tliree days' notice of reductions
in rates, put things on
with gold therefore? If it is asked how long our market a better basis. The management tliink that
the increaao
would last, we should say it might last as long as gold in gross and net receipts affords gratifying evidence
of
payments last, but not a day after that. Then, having by the road's earning capacity when not liampored by
secret
our artificial arrangement forced up the price for a time competition. They also state that though the lUinoiB
abnormally high, with the support we gave removed, Central did not become a member of the Inter-State
price must decline abnormally low.
Railway Association, it has been its policy to maintain
We cannot batter close than by repeating the ques- rates in harmony with those agreed upon by the comWhat would be our position when panies represented in that association. The effect of
tions of last week.
thus forced to shut up our free mint market? What would the changed situation in these particulars is
seen
be the size of our stock of bullion ? What would be the in the increase in the average revenue per ton
per
would be the value of our curWhat may we presume would be the financial
price of silver
Wtiiit
?
rency ?
condition of our people
mile
to
1-03
also
been
The
Central
Illinois
changed
its fiscal
Inter-State
Company having
Railroad
year so as to conform to that of the
Commerce Commission and
that of most of
the Western States, the managers have submitted a
statement of the operations and financial results for the
and hereafter will report annually
for the twelve montlis ending with June.
We have
been favored with an advance copy of this semiannual exhibit, and give the greater portion of the same
on subsequent pages.
first
To
half of 1889,
say that the statement
is
a very favorable one
is
Iowa
lines)
from
0-95
cent
an
of traffic,
ILLINOIS CENTRAL STATEMENT FOR THE
HALF YEAR.
the
1888
in
has
?
(including
in the six
in the six
cent
in
1889.
But
there
augmentation in the volume
2,668,380 tons of freight having been carried
months
months
of 1889, against only 3,348,500 tons
of 1888.
Another favoring influence
was the mild winter weather, for that obviated certain
items of expenses which the severe weather of the year
preceding had necessitated.
The
result of the great
that not only has the
improvement
company
in earnings is
for the half year earned
per cent dividend in full (calling for $1,200,000)
charges and rentals, but it was able, besides, to
take out $100,410 for improvements, and yet carry for.
its tliree
and
all
ward a surplus balance of $35,430, making with the
$166,797 surplus previously remaining a total of
$303,227 to the credit of the dividend fund.
When
we consider that the first six months always constitute
merely to repeat what the monthly returus issued the poorer half of the year, and furthermore that
the
during the progress of the year have made clearly evi- company received nothing from its holdings of stock in
For the
during 1889 entered upon the Iowa lines during 1889 (no dividend having been
of net earnings by paid by the Dubuque & Sioux City RR.), the show_
months as well as gross earnings, thus keeping the owners ing cannot be regarded as otherwise than highly sa tis,
of the property fully informed as to current business. factory.
It also offers another evidence of what a repExcluding the Iowa lines, gross earnings in the first six resentative road like the Illinois Central can do whon
months of 1889 were $6,430,839, against only 15,451,- conditions as to traffic and rates are fairly favorable.
593 in the corresponding period of 1888, the increase
being nearly a million dollars, or about 18 per cent.
dent.
Illinois Central
the policy of furnishing returns
The net
THE VIRGINIA DEBT MATTER.
stands at $3,403,457 against $1,640,189, the
improvement
in this case being over three-quarters of a
With the decided advance in material prosperity which
Commonwealth of Virginia has made in recent years,
The company operated about 333 miles more of road the more intelligent portion of her people evince increasin 1889 than in 1888, not counting in this the Iowa ed anxiety to settle the debt dispute, which for so long
But the has been such a troublesome and vexatious question.
lines, on which the mileagfe was also heavier.
million dollars, or 46 per cent.
the
increase in extent of road, while of course an aid in en-
Governor Lee
larging earnings, can have contributed only a small part
active in the effort
through his administration has been
It was
to secure an adjustment.
mainly owing to his endeavors and agitation of the
subject that a conference was brought about two years
ago between the bondholders as represented by the
Council of Foreign Bondholders, and the State as
represented by its Senators and Representatives a conference which unfortunately did not result in an agreeall
heavy gains reported. The character of the
mileage it is composed of 100 miles of
Mississippi & Tennessee and 333 miles of Chicago MadiA further significant fact
son & Northern shows that.
pointing in the same direction, is, that the ratio of gain
in earnings is heavier than the gain in mileage, and the
trafiic of the new lines being necessarily light as com- ment.
of the very
—
additional
—
—
And the Governor has now signalized the close
pared with the Illinois Central main system, that could of his administration by again calling the Legislature's
not have happened except there had been other favor- attention to the subject in an elaborate and interesting
ing circumstances.
We find, too, by an examination of discussion contained in the message delivered last week.
The time seems opportune for a settlement. Virginia
the earnings by divisions, that on the Illinois Central
proper there has been an increase of about a quarter of has made great industrial progress in recent years.
a million dollars gross without any increase in mileage. There has been a vast influx of capital. Governor Lee
An influence of decided moment in fact the chief himself is quoted as saying that during his adminiselement in the improvement shown has of course tration not less than 100 million dollars has been in-
—
—
been the changed situation
as
to
rates.
The
report
vested in the
State,
and he takes great pride
in refer-
can be truthfully
front rank of the
regard by certain railway corporations during 1887 and stated that Virginia stands in the
1888 of the law forbidding special and secret rates, sub- States whose material advancement of late years has
"New South."
jected all who obeyed that law to great disadvantages, been a noteworthy characteristic of the
coal, iron, &c., which previously
while the enforcement of the law during 1889 and the Her mineral resources,
refers to that feature.
It
says that the persistent dis-
ring to that fact, as well he may.
It
l^E CHRONICLE.
774
Xiax.
[Vol.
"value." It is his opinion that the State cannot,
without increasing the rate •f taxation, undertake to
opment in the future.
New railroad facilities have meet heavier payments than those which would b«
been supplied and many projected enterprises of a like called for under the Riddleberger act. But he is in
nature are being energetically pushed to completion. favor nevertheless of offering somewhat more than
undergone considerable
have
deyelopment and the promise
lay almost untouched,
is
for
still
greater devel-
tracts of land have been opened up, and new
and towns created. This is important not only
cities
as showing increased prosperity thus indicating a
greater ability of the population as a whole to bear the
but also as showing a considfiscal burdens of State
erable addition to the amount of taxable property on
which to make the annual levy.
Whole
—
—
suggests
" by way
of illustration" that the
consols be funded at 70 cents, the 10-40s at 60 cents,
—
and the back coupons at 40 cents all into 3 per cent
This is not quite as good as the offer of two
years ago, and yet the difference between the two prop-
bonds.
ositions
is
The
not very important.
the bondholders be willing to accept
—
question
is,
will
They refused
they accept it on
it.
furthermore, that the commonwealth 3 per cent on a basis of 75 cents will
the perpetual contest with its a basis of 70 cents ? On the other hand, under the
Peris well known, the trouble is over the Eiddleberger law they would get only 53 cents.
It is evident,
is
He
that.
growing weary of
creditors.
As
question of receiving coupons in payment of taxes. In haps the State might be induced to renew the ConferAt all events, it would be good policy
issuing the consols in 1871 the State made an express ence proposal.
agreement that the coupons from those bonds should be for the bondholders to consider well any proposition
receivable
The United
With negotiations once entered upon, some
Supreme Court has adjustment might be reached. It is better for the
the next year repealed offered.
for taxes, but in
that provision.
States
decided that notwithstanding the repeal the tax-receiv- bondholder as well as for the State to close the matter
up rather than continue the struggle indefinitely, the
Nevertheless, every holder in the meantime carrying a dead investment.
the latter could not disregard.
able clause constituted a contract with the State which
expedient has been resorted to, to evade its obligation
in this respect and thwart the holder, but though the
State might cause him endless vexation and embarrass-
GROSS EARNINGS FOR NOVEMBER.
In the exhibit for the month of November we have
could not avoid having considerable amounts another very favorable statement of earnings. The
This fact, gain is not so large as for the month immediately preof the coupons forced upon it each year.
taken together with the expense incurred in carrying ceding, but the improvement then was of exceptional
ment,
it
on a perpetual
litigation,
makes those
desirous of closing the matter up.
ernor Lee
are
significant.
in control very
The words
After
of Gov-
return
stating that the
present condition of the State debt should receive the
and the calm deliberation
barring that month,
extent;
is
There
however,
the 'present
the best of the whole year.
is
one circumstance that diminishes somewhat
the significance of the increase for
—aside
November
of the
from the fact that it is not so heavy as for the previous
"Its solution brings month.
Legislature, he goes on to say:
The comparison is with a period last year
"peace, prosperity and plenty to Virginia; its agitation when our table showed reduced totals, whereas for
"misconception, misconstruction and costly litigation to October the comparison had been with a month in 1888
"all concerned.
It is the one weight on the wheels of where the aggregate, though not greatly changed, yet
"State which retards their successful revolutions."
had shown no loss. In other words, while in October,
We do not doubt that if the State is ready, the bond- 1888, there had been $123,583 increase (100 roads) to
holders will meet it on any fair basis.
As a first pre- be followed by $5,073,775 increase (153 roads) in
requisite of course to a successful conclusion, it is 1889, for November, 1888, there
was $1,198,323'
necessary to offer terms which the holders are likely to (Zecrease, succeeded now by an increase about a
accept.
In the former conference the chief points of million less than in October.
Quite a number of
difference were as to the rate of interest which the new depressing influences existed in November last year,
bonds to be received in exchange for the old should not the least important of which was the Presidential
bear.
There are two principal issues of old bonds election, this having acted as a check on enterprise for
involved, namely the consols and the 10-40s.
The the time being and caused a serious interruption to
bondholders agreed to the proposition to reduce the business in various departments of trade.
Besides,
careful consideration
principal of the debt to 75 per cent of its amount in the demoralization in railroad affairs reached its height
the one case and to 6.3 per cent in the other, but the then, it being the period just preceding that in which
State offered only 3 per cent and 2^ per cent interest the railway presidents and the bankers met to formulate
respectively on the
new
issues,
factory to the bondholders.
and
this
was not
They thought
satis-
that they
should have that amount of interest on the principal of
the old bonds. There was also a difference as to the
rate of exchange for the
an agreement, and the New York Central having made
cut in west-bound freight rates in that month. Then
also there had been a smaller movement of cotton in the
South^ and a reduced movement of gi-ain, provisions
and live stock in the West. Altogether, therefore, the
period was a peculiarly unfavorable one, and it is surprising that the loss then reported was no greater,
its
back coupons, the State offering to fund at 50 cents on the dollar, while the bondholders held out for 75 cents.
On the whole, however,
the proposition of the State was much more favorable especially as in the year -preceding (November 1887)
than that contained in the lliddleberger law.
the improvement had been conspicuously large, reachBut Governor Lee thinks the State cannot now offer ing over four million dollars, or about 15 jjer cent. In
as good terms.
He says that while taxable values have this view, though a considerable increase the present
increased in many parts of the State, in the purely year was to be expected as the result of the change for
agricultural sections the conditions are
not so the better in all the leading conditions, the actual outsatisfactory
" there are millions of acres of unoc- come is quite noteworthy a gain of over four million
" cupied land, upon which the weight of taxation is dollars for the same month in two out of three 3'ears,
"pressing, but which yield no revenue, and which with the intervening year showing less than 1^ millions
" would not bring in the open market their assessed lo«s, being far from an ordinary occurrence, _ Below WQ
—
—
,
December
present a
THE CHRONICLR
14, 18€9,1
summary
November
of the
results for the
whole of the present decade.
EarrUntt.
H<Ira«<.
Jnertau or
Period.
rear
Oilmen.
Tear
Pr
i-etiino
Tear
OU>eii.
Ttar
PrecetlLng.
776
in the more recent monthH, it is well to point
out that while for November the aggregate is not qtiite
13 million bushels, for October it wm almost 20 million
bushels and for September over 20 million bushels
receipts
DetftoH,
showing
much
82.200,012
18,.')40,832
20,812,133
18,600,489 Inc. 2,241.704
12,100
26,688,827
21.878,424 Inc. 3,760.103
48,097
10,900
27,634,548
26,685,925 li\c. 2,018.1183
21,108,071 Dec. 1,810,563
19,297,521
21,525.003
November was
for
smaller scale than in the months pre-
Int. 3.925.160
30,321
.fS.flll
10,005
movement
clearly that the
on a very
(
Not., 1880 (52 roads)
Nov., 1881 (17 roads)
Not.. 1883 (02 roads)
Not.. 1883 (68 roads)
Not., 1881 (57 roads)]
Not.. 1880 (65 roads)!
Not.. 1886 (85 roads)|
Not., 1887 (108 roads)
Not., 1888 (107 roads)!
Not., 1880 (152 roads)
—
:
.
ceding.
MUCB
REOEIITH AT CHICAGO UUBIKO HOVBKDC* AMU
JaK.
Kovemlitr.
1
80,073,653 Inc. 1.451,460
55,187
29,191,343
27,212,205 Inc. 1,962,188
57,607
30.763.618
26,762,888 Inc. 4,000.760
62,815
78.993
29,901,600
37,981,006
81,169,083 Dec. l,ig8,.123
33,906,702 tnc 4.074,813
f
•
Kammbtr SO.
MBS
is8».
1SS7.
JAM. I.
wn.
I
I
irjMBjm njn»M»\ u,*ujt«
44S«JM0 n,0i6,MB «1,»IA,9S0 iT.TM/M
S,T»7MS M,M».MS «T,4S(I,«M 4*jmj»t
lOOJIM
We
need hardly say that the favoring influence of
paramount importance the present year has been the great
S,Ml,Tfi6,
UHijBM
T2.7w.mj
S61.&t(l
industrial activity prevailing nearly every where, especially in the iron and steel and allied trades, the contrast
1.032
10.360.709
ll,X47.»74
iijtta.ioi 148.774.083
066,008
MUMli
tJM,«l>r
10,0M,0M
Ti6.»M
».W«
IMjmjnB Ul.TtlJM
6,7*II,7S»|
•.TMjm
M.aMl
»jm
84.096
7,107
IMUjSai M0.KT,7U UMMJBS isMojisr
r, 707.195
6,40<.147 86,BaM3a| IMOUSt: TI«BB,T7S
4.474.83TI
5,»0il.385'
year in this respect being rendered the more
736.206
482.4421
striking because of the interruption to business alluded
The above serves also to show the improvement that
to above as having been occasioned by the Presidential occurred in the provisions and live stock movement.
But the favoring influence on account of Thus of pork the receipts were 2,984 bbls., against 1,632
election.
with
Hmm
last
by others
of a like
cutmeats, 25,143,297 lbs., against 16,350,709
lbs.; and
The
nature.
lbs.; of lard, 9,249,672 lbs., against 5,767,195
did not go into effect till the 20th of the of hogs, 698,095 head, against 482,442. While the
twin cities
month, but entirely apart from that the situation as to movement of hogs, however, indicates a decided inactive trade,has not been unattended
advance in rates between Chicago
rates in 1889
was vastly better
all
bbls.; of
and the
over the country than
crease
on
last year,
heavier
heavier
the total
is
not quite up to that of
Then also there were advantages from a two years ago and as compared with the receipt of
movement of cotton in the South and from a over a million head in November, 1885, the present
movement of grain and provisions in the West, figure of 698,095 looks quite small.
a year ago.
;
though these advantages were special and local, rather
Returning to a consideration of the grain movement,
only point outside of
than general.
St. Louis seems to be about the
that as in November, the Northwest where the changes that have occurred
Taking up grain first, we find
in our
1888, there was a decided contraction in the movement deserve special notice, as the following statement
year there is a decided augmentation usual form will show
of wheat, so this
The extent of RECEIPTS OF FLOUE AND GBAW FOR FOUR WBIKS BSDED ROTEMBEB
in the movement of the same cereal.
30. AND 8ISCB JASOART 1.
At the nine
increase will perhaps seem surprising.
Barit.
leading lake and river ports of the West the receipts
of wheat for the four weeks ending November 30 foot
million bushels this year, against only about
up over
1'y*icav>—
18f
weeks
lOi million bushels in the corresponding four
over 8^ million
last year, thus giving an increase of
This however deserves analysis, for going a
bushels.
points
step further we discover that the winter wheat
small benefit from the augmented
have derived very
from
receipts, about the whole of the gain coming
spring-wheat markets, that being the section which
the
lost so heavily last year.
Nearly one-half the increase
that point
is supplied by Duluth alone, the arrivals at
reaching 4,7C4,000 bushels in the four weeks this year,
Minneapolis
against only 602,000 bushels last year. At
standing at 8,158,there is also a large gain, the receipts
000
bushels, against 6,156,000 bushels.
As
illustrating
very free the movement has been in the
Duluth
spring-wheat sections, it should be noted that
together have nearly 13 million bushels
and Minneapolis
for the nine
of the 18i million bushels total receipts
Chicago is another
points covered by this review.
of wheat—
point reporting heavily enlarged receipts
further
how
and
2,712,000 bushels, against 909,000 bushels—
there,
variety.
too, the increase is entirely in the spring
cereals, the changes as
In the case of the other
a
6.262.1U 3.107.798 1.9SS,3S<
72,778.319 46.388.124 ii.iw.ir
62,442,106 47.708,939 10,140,16
I
8324^
14.9M
167.2M
1,487
IB.087
a(6,0<»
1 wks. Not.. 1889
1 wks. Not., 1888
Since Jan. 1.
Since Jan. 1.1888
817.038
3.S4II426
1^
i^Ja.
Since Jan. 1,1888
60^
M6,746
18,189
320,303
2,1.36,601
7M.4M
si.7a*
6S4,a6«
M8.4U
eo.«w
•£887
SAU*
260422
«,«a0,926
898.079
U0,«M
W6,O60 1,847,082
1,S,517
P/ortn—
1.
1.
«30,683
166468
i«2,im
433.740
605,210
4,306,567
6.737,490
11,492
963.434
129.400
79.S0O
70 500
4 wks. Not., 1889
4 wks. Not., 1S88
Since Jan.
Since Jan.
661.608
1.837406
661.068
1,S84,«48
134.683
202,601
Vltvili^nd—
4 wks. Not.. 1889
4 wks. Not.. 1888
Since Jan. 1.1889
Since Jan. 1. 1888
tSSM
147.070
UA.S0O
lOUBS*
2,67»,6S7
TnUrttt—
4 wks. Not., -__4 wks. Not., 1888
Since Jan. 1. 1889
172,000 1.077,789
986.«e3
831,000
2.462.000 6.3»i.aaB
2.604.000 6,427,038
826.700
8.238J86
600,606
1,436.470
25,213.484 X0.S8».2a4
16.m0,2M S,38&.676
I
Uctri.<t-
2,267.800
2.406,8*0
I
iiilwoilke^323,080
4 wks. Not.. 1889
811.158
1 wks. Not., 1888;
Since Jan. 1, ISK" 8.006,918,
Since Jan. 1, 1888 2.218,660
St. Loiiit—
112,305!
4 whs. Not.. 1889
50..")87l
1 wks. Not., 1888
Since Jan. 1.1889 1,007.962!
Since Jan. 1,1888
wnfiia
*ob;»6
l.'«U«
4,0M,*61
620.068
4 wks. Not., 18891
323,190
4 wks. Not., 1888
Since Jail. 1, 1880 3,925.080
6.761,^"
Since Jan. 1, 1888
1056^
tueiW
18^
1888
117.275
1 wks. Not., 1889|
95,772
4 wks. NOT., 1888
Since Jan. 1, 1889! 1.915,368
4,764,711
002,804
14,716.034
7.696,371
T4.6M
186,175
1,077301 2.091.046
760.673
1,»78,001
100.282
77,187
tU.918
16S.896
l,8n.7«8
7tt.000
1.087.900
"8.000
917.600
10.517,040 10.248.900
7 680«60 1S,648^»
aS,**
14J00
U^JW
60.000
«W»
688JM0
S«I2.7»JI
.«g«
«.».•£
11,283
i,«ai,768
Sine© Jan. 1.1888
MinnrniHilit—
4 wks. Nov., IS89I
1 wks. NOT., 1888
Since Jan. 1.1889
Since Jan. 1,1888
1,1188,115
'15.793
0,156,570
36.908.368
33.168,406
li^s Not
1,1.'»,79S
18,773,259
8.902.080
10,8flfi,72!:l
8,ll58.l>7e
"76.766
4
wks not"
1889
1^
8468.910
'731217
6,«70,«a6
..,...,.K^..,.1,U«J^^
90.28M32 «>.7l*i
But Chicago has lost 8toMjS:ii^ll.226.M0
whole are not very important.
™*°'P*.
.,
Thereliave^been reports that i
of larger
heavily in the receipts of corn, in the face
west of the Missouri
points
As a result of that ulation of rates from
total arrivals of that cereal.
diverted from Chicago to
kinds River, grain was being
all
fact
circumstance the asrgregate grain receipts of
that may be, it is a
However
Louis.
"differ St.
ChiChicago this year in November do not
at
ending November 30
the that while in the four weeks
materially from those of last year, notwithstanding
corn, St.
million bushels
of
for the cago suffered a loss
gain in wheat. We have made up the figures
arrivals no
increased its corn
comparison for Louis in the same period
being
even month, and furnish the following
bushels, the receipts for 1889
of the less than 1,800,000
three years. As illustrating the ]ati7c extent
«i31cl"jai
i'
1*^
9.621 322 100,1!K..05« m.-l-O-V'"'
''
n
m
.
77';
GHRONICLK
•JHE
[7ot, XLIX.
3,238,000 buslicls, against 1,435,000 bushels
in 1888. extent upoa the larger
systems forthe equipment necesSt. Louis gained likewise in some
of the other items sary to take
care of their traffic.
But just now the
of the grain movement.
At most points in the larger systems are
themselves pressed for additional
Middle Western States, however, the alterations
are not equipment, and consequently
are keeping the cars
very material, and on the whole the earnings
of the as far as possible within
their own control.
Hence the
roads in that section cannot have been much
affected existing prosperity operates
to the detriment rather
one way or the other by the grain movement.
than to the advantage of the weaker
minor lines.
In the matter of the cotton movement in the
South,
As a group. Southern roads still present as
encourthe gross shipments overland differ only a trifle
from aging exhibits as any other. The
Louisville & Nashthose of last year, the aggregate standing at
288,429 ville has $249,278 gain, the Chesapeake
& Ohio $120,bales against 288,238 bales, but in the receipts
at the 000, the Eichmond & Danville
system $123,225, the five
ports the loss of last year has been more than
recovered
Erlanger roads $115,000, the East Tennessee
$95,018,
and the 1,211,860 bales total for November, 1889, comthe Norfolk & Western $78,830, the
Louisville New
pares with 1,117,013 bales for November, 1888.
The Orleans & Texas $89,370, and so on
through the list.
increase in receipts, however, is not general at all
the ports. Out of 44 Southern roads
there are only four very
In fact, some points, and notably those which furnish
an small lines, namely the New Orleans
& Gulf, the Cinoutlet to the districts where the crop is supposed
to be cinnati Selma & Mobile,
the Vicksburg Shreveport &
short the present year, have sustained a very
heavy Pacific and the Gulf & Chicago
which report losses.
decline.
Thus at West Point the receipts for the
November.
1889.
month this year are only 80,285 bales, against 145,220
1887.
1885.
1884.
year; at Norfolk, 104,130 against 125'923
bales; and at Wilmington 36,925 against
41,885 bales.
Most other points report gains, and at the Gulf
ports
the increase is very heavy.
bales
last
RECEIPTS OP COTTON AT SOUTHERN POUTS IN NOVEMBER,
AND FROM
JANUARY 1 TO NOVEMDER 30, 1889, 1888 AND 1887.
Since Januarjj
Port*.
1889.
Galveston
El Paso, &c
New
bales.
I
1888.
1.
1887.
727,063 478,653
695,818
21,828
1,777
374,160 1,636,851 1,309,124 1,507,685
49,352l 211,127) 147,326
171,475
25,830
6,860
20,288
783,667 665.fl70i
727,290
145,069
79,944
40,063
322,158 313,230
310,021
7,155
12,242
14,701
U3,647 117,574
144,018
2,814
3,249
346,282 403,376
402,915
421,170 388,171
367,011
,
Orleaixs
'
Mobile
v....
Florida
Savannafa
Brunswick, Ac.
Charleston
Port Royal, Sec.
Wilmington.
Washington, Ac.
Norfolli
West
^oint, &c.
Total..
1,211,880
,117,013 1,145,402 'l^e.ios 3.926,639
We,have already pointed out that
in
eajrnings
for the
month
in
*
very large, reaching
14,074,843, or 12-02 per cent, the mileage being
only
2-16 per cent greater than last year.
But the improveis
ment
is also quite general and
widespread. As in previous months, special roads have, many
of them, very
t
453,495
I
»
»
t358,651
J281.680
{276,079
209,140
178,983
151,546
138,903
Cin.N.O.iTex.P.'
816.390
700,9671
723,887
611,3921
653,U4'
555,949
E.Te«n.Va. AGa..
012,587!
617,569
615,621
424,372'
400,781
380.180
Louisville & Nash. 1,591.065 1,341,787 1,501,898
1.281,007, 1,129,894 1,199.696
Memphis & Char.
175,176
146,223;
101,033
175,108
160,061
142,185
Mobile* Ohio
289,079
277,445
283,234
254,781
260,133 t253.332
Norfolk & West...
481,231
405,401
410,211
337,709
270,630
244,810
RIch.ADanv.syst. 1,119,625
996,400
951,881
869,393
777,034
782,747
Total
5,a33,780
5,210,390 4,492,586 3.978,779 3,973,871
• Bntlre syst -m
t.Vot Inolartine St. L. & Cairo.
» Klclimonii & Alleiihivny not included in these years.
669,000;
OhloASo.W.
186,577;
Ches.
439.000|
180,836'
Hardly less satisfactory is the showing by Northwestern roads, which also made a rather poor exhibit
a
year ago.
There are only two small lines so far as reported which have suffered a decrease as compared with 1888,
while on the Manitoba, the St. Paul, the St. Paul
&
Kansas City, the Wisconsin Central, and the "Soo"
road, the gains are very heavy.
November.
4,304,624
amount the gain
t
Chesapeake & Ohio
1889.
No..
Minneap. A St. L.
St. P. ADuluth...
St. Paul M. A Man
1888.
t
2,737,000
187,791
287,782
108,545
143,000
128,915
1,221,126
Chic Mil. A St. P..
Iowa Central
Mllw.L. Sh.AW..
Milwaukee
A
Total...
4,764,159
1887.
t
2,616,260
126,871
1886.
t
2,040.218
138,592
t
4,596.S£
1884.
»
t
2,409,313
2,838,420
2,808,877
123,845
204,799
67,149
161,864
147,349
810,514
123,M0
859,607
122,196
95,215
42,907
151,965
149,320
879,440
3,981.823
249,948
227,142,
98,128
96,224
140,600
147,681
118,487
177,192
040,357 1,188,813
4,288,651
1885.
4,143,838
3,749,910
132,994
50,315
171,555
167,007
heavy gains. To most of these we shall
In the Southwest, the A
uthwest
Atlantic & Pacific and the
allude further
on, but may refer here simply to the
Northern Pacific Southern California (both in the Atchison system) have
and the Manitoba. It is hard to tell which
of these is losses, as have the Colorado Midland, the Denver Texas
entitled to first position this time for
amount of gain. & Fort Worth (snow blockades) the Eio Grande WestThe Northern Pacific has $322,330 increase, the
Mani- erh, the Prescott & Arizona and the St. Joseph &
toba $280,769 increase; but bhe latter docs
not include Grand Island; but the Atchison itself has $111,538 gain,
the Eastern of Minnesota with $89,577
increase and the the Gulf Colorado & Sante Fe $83,049 gain, the Denver
Montana Central with $36,549 increase, both of
which & Eio Grande $60,140 gain, the Texas & Pacific $84,286,
form parts of the Manitoba system. On
the Northern the San Antonio & Aransas Pass $82,181, the Kansas &
Pacific, however, the present gain
follows a gain last Texas $221,719, and the St. Louis Arkansas & Texas
,
year, while
in the
$136,603,
heavy
last
Among the trunk lines and Middle Western roads, the
Central has gained $119,163 (as against a loss last year
of $262,062), the Cleveland Cincinnati Chicago &"
St.
Louis $157,197, the AVabash $71,397, and other roads
smaller amounts.
Most of th& lines showing decreases
loss
case of the Manitoba there was
a
year on account of the deficient
wheat
crop then.
As regards the roads falling behind this time
there are
altogether 34 out of the 152 roads
which have reported.
On the most of these the decrease is small, and
the list
includes very few prominent roads.
Such of the latter
as do report losses Jiave suffered from
special causes
—the Denver Texas & Fort Worth from snow
storms,
& Eastern Illinois from coal strikes, the
Atlantic & Pacific and Southern California
from' the
collapse of the boom in Southern California,
the Hockthe Chicago
ing Valley from unexpired coal
contracts at low rates,
and so on. As to the decrease on
many of the very
minor roads, the situation of these is in
some
respects
peculiar.
Such
lines are
accustomed to rely
are in this Middle
Xovember.
j
Chicago A East. III.
Chlc.A West. Mich.
24S.6.<!6
1887.
1886.
1885.
»
$
*
t
81,247
87,766
67,050
181,462
193,650
229,166
360.166
291.688
252.334
337.328
Wash.A
Bslt.j
197,851
Col.
H,VaLATol..;
228,388
96,614
Det. IjuisingANo.l
EvansT.A Terre
AP.
H.j
Marq....l
Grand Rap. A
lud.*:
Ohio A Mississippi.
•
AU lines.
I
219,706
108.112
156.193
251,523
120.044
211,077
233,110
103,270
09,022
217,564
113,124
Cin.
Flint
section.
1898.
(
Total
to a great
Western
1889.
26:1,634
1,7 28.651 ^.640,1201^1,802,481
+
Chicago
A
187,810
118.636
187,079
211,352
106,799
69,056
177,816
+161,011
121,253
148,836
147,607
107,736
04,500
177,1
217,738|
227,628
325,654
.301,961
l,049.940i 1.458,230
Indiana Coal not included here.
1884.
tl3«,100
107,722
151,870
160,087
97,817
60.126
158,315
205,181
276,038
1,342,563
. ..
.
.
.
.
.
.
December
14,
. ...
.
.
.
THE CHRONICLE
1889.J
GBOSg BARNISaS AXD MILKAOB
Kame
III
Oram
grow Baminiii.
1880.
1888.
Same 0/ Road.
MtUagf.
Tncrtatt or ,„„„
1889.
Dasreate.
Atch Toi).&S. Ke&L.
St. X.. K. C. &Col ...
l,01iH,645
Gulf Col. &8.F0....
4,809
428,088
Boiitliern Ciilifor..
127,53.5
Atlanta&We.it I'oiiit.
& Danville.
Atlantic
Atlantic
47,913
37,000
239.429
3,196
168,439
8,329
4,528
1,492,000
38,902
31,500
559,000
180,577
2)8.175
Pncittc...
Blrni.Si'lma & N. Or.
A:
Buir.Roch.& Pitts.
..
& N'wentom
Burl.
Burl.
& Western
Canadian Paciflc
CaiwFr. iYad. Val..
Chatt. Roiue&Col..
.
Chcsaiicakc & Ohio*.
Ches. O. &So. W'u....
Chic. & Atlantic
Chic. & Ea.st. Ill's
Chic, Milw.&St. P...
Chic. <fcO)iio River...
Chic. St. P. & Kan. C.
Chic. & West Mich...
ClnGcorg.& Ports...
245,()3(i
2,737,000
5,543
354,797
113,124
5,242
53,091
Cin.Jack. & Mack
Cin.N. Orl.&Tex. P..
378,5(!0
Ala Gt. Boutliern...
N.Orl.A Northeast.
180,757
113,079
72,733
Ala. & Vick8t)urK. .
Vicks. Shrev. & Pac.
Cin. Rich. & Ft.
Cin.8elma& Mobile..
Cin.Wal). &Mich
Cin. Wa.sh. & Halt
Clev. A kron & Col
Cleve. & Canton
Clev.ClnCTi. &8t. L..
Clev. & Marietta
70,6fil
W
32.703
9,525
42,719
197,851
61,952
44,000
1,070.176
17,566
123,567
32,744
228,336
3,183
14,584
43.901
727,000
232,130
30,000
95,614
121,385
612,587
26,193
84.247
184,462
107.289
2,569
Colorado Midland
Col. & Cin. Midland
Col. n. Val. & Tol
.
Colusa & Lake
Covington & Macon..
Day. Ft. W.& Chic...
Denv. & Rio Grande.
Den.Tex.&Ft.W'th.d
Det. Bay City & Alp.
Det. Lansing & Nor
Dul. 80. Shore <t Atl
.
.
E.Tcnn.Va.&Ga....
Eraus. & Indianap.
Evansv. it T. Haute..
Flint & Pere Marq
Flor. Cent.
& Pcniu.
.
Fort Mad. & N'west'n
Gr:Rapids & Indiana.
Other lines
tGr. Tr. of Canada.
179,.l71
16,992
1,626,037
298,234
81.664
5,221
18,000
29,225
137,791
2,984
23,936
268,384
15,569
83,364
43,600
101,965
31,095
13,628
5,200
204,611
20,106
63,189
247,829
88.145
. .
tCliic.&Gr. Trunk.
tDet.Gr. Hav.&Mil.
Gulf* Chicago
Humeston & Shen
Ind. Dec.
. .
& West
Iowa Central
Iron Railway
Kanawha & Ohio
•Kan.C. Ft.S.&Mem.
*Kan. C.Clin. cfeSpr..
"Kan.C. Meiu. & Bir..
Kan. C.Wyan. & N.W.
Kentucky Central..
Keokuk & Western
Kingst. & Pembroke
.
. .
.
Lake Erie All. & 80...
Lake Erie & Western.
Lehigh & Hud. River.
Little Rock & Mem
.
Long
Island
Louisv. Evans. & 8t.L
Louisv. & Nashville.. 1,591,(.65
Louis. N.Alb.& Chic.
197,576
Lon. N. Orl. & Texas.
304,953
Louisville Southern
33.000
Memph. & Char'stou.
175,176
Mexican Central
560,487
Mexican National
287,418
"Mexican Railway...!
128,365
.
Milw.L.Shore&W...i
Miln & Northern
Mineral Range
.
I
287,782
108,545
8,567
143,000
198,701
778.892
1,817,107
3,245
+ 48
-38,942
+S,481
47tl
+ 12,577
102
815
—64,663
+ 940
-16,179
+4,036
_ igo
+ 163,036
245
015
+31,587
269
470
-4,0(;9
+ 121,740
—833
+87,169
+ 5,012
+ 146
+5,088
+ 77,971
+ 27,413
+ 8,120
+ 6,673
—4,754
—942
—5,150
+4,628
+41,658
•I
16,305
-25,248
+ 228
+ 6,964
+ 5,382
&
A
A
Eastern of Minn.
.
5.0H9
—18,368
—2,994
i-7,848
+ 11,105
+95,018
+4,367
+ 17,197
-9,188
+ 41,682
—130
—1,709
-605
247,667
14,807
65,627
30,357
96,391
31,652
14,135
1,499
106
267
70
325
22
107
241
856
226
323
356
470
Sav. Ami^r. A .Mont
Beatth' L. 8h. A Kust.
Bhenniidonli Valley..
Tol.
Tol.
Tol.
Tol.
Tol.
Tol.
A Cinn
A Ohio {;«nt
A Ohio Cent. Ext
26,499
126,050
8,210
73,333
101,520;
52,300!
(conaol. »y«.)
l,l'tO,440
Western of Alabama.
40,937
280.085
60,805
70,536
335,706
A West
A K. City
.
Valley of Ohio
Wabash
West. N.Y.APcnn. ..
West Virginia Cent...
Wheel. A Lake Erie..
Wisconsin Central.
790
414
42
344
336
295
196
143
170
86
67
185
231
194
165
Total (152 roads).
73
241
856
226
323
356
1,140
1,140
150
179
379
574
45
409
150
179
379
574
45
409
63
63
37,98 1,605 33,006,702
.
GROM
Name
BAKinHOS FBOM JAinTABT
of Road.
Annlston
At. Top.
Atlanta
Canadian PaclHc
Cape Fear A Yad. Val.
Cliesapeakc A Ohio ft...
CHiesap. Ohio A Southw.
Chicago A Atlantic
Chicago
A
East.
A
Chic. Milvv.
Chicago
A
Ill
St.
Paul..
Chic. St.
Chic. A West Michigan.!
Cin. Oeorg. A Ports
.Mack
Cin. Jack.
Cin. N. O. A Texas Pac.
South'u
Ala. Great
A
N
O.
A
—
Northcistcrn.
Alabama A Vicksburg
Vicksb. A Shrev Pac..
an. Rich. A Ft. Wayne.
Cin. Selma A Mobile...
Cin. Wabash A Mich.
Cin. Wash. A Baltimore.
Cleve. Akron A Col
. .
Colorado Midland
Columbus A Clu. Mid...
Col. Hock. Val. A Tol...
Cohisa A Lake
Covington & .Macon
Day. Ft. Wayne A Chic.
Denv. A Rio Grande
Denv. Tex. A Ft. W.«.
I
293
660
303
17
351
+ 60,707
800
221,719
+ 11,634
+ 32.418
1,806
1,681
687
652
68
687
650
68
1,420
61
1,420
+ 4,220
+26,477|
+78,830'
327
602
58
320
554
+ 322,3.30
3,465
3,393
11.413
352
623
106
19
215
128
254
367
73
134
352
623
106
19
215
128
254
367
73
134
+2,400
-;
—1,682
+ 119,163
+58,577
+ 4,788
+ 143
+13,949
+4,878
+ 82
—12,439
—203
H-1,814
+123,225 3,005 2,80C
369
-8,200
369:
65!
65
+ 4,000
447
-7,254
4471
204
242
+ 21,172
+ 136,603
+351
+ 17,137
+ 10,428
1,262
1,215
42,
42
1,329
1,329
257
2.57
+ 280,769 3,030 3.030
1
89,577
70
70
88.550
24,106.222
413,787
2,439.1,54,
21.890
1,702,235
60,110
53,133
13,763,162
3.086.5:)4
1,267,292
59,365
664,914
3..558.748
1,704,829
938,831
540,831
544,936
405,622
90,634
484,674
683,777
293
660
303
17
351
800
188
•a
187
818
4,074,843 80,697'78.993
.
Det. Bay City A Alpena
Det. Lansing & North'n.
l.ii57.212,
Peninsula.
Mad. A N'western.
Gr. Baplds A Indiana.
Other lines
Gr. Trunk of Canada. ..
Chic. AGr. Trunk
Det. Gr. H. A Milw
Gulf A Chicago
Humeston A
.
A
West..
Kanawha A Ohio
•Kan. Citv Ft. 8. A Mom.
*Kan. City Clin. ASpr..
Kan. City Wvan. A No..
Kingston
A
167.4821
56,382
2.287.094
So...
Lake Erie A Western ...
Lehigh A Hudson River
Little Rock A Memi)hls.
Long Island
2.50,420
546,334
3.255,325
1,552.398
5.675.926|
Mexican National
•Mexican Railway
Milw. Lake Sh. A West.
Milwaukee A Northern.
Mineral Range
A
Minn.
AS.
St. P.
Miss. Kans.
3,765,093
3.216.113
1.113,196!
99.9.541
1.311.8.30
M.
1,459,139
A Texas
Mobile A Ohio
Nash. Ch.-.tt. A
6.811.5461
'
St.
Louis,
788,824
432,142
.501.418,
373.781
100.168
447,40i
1,864,380
630,774
340,983
10,143,167
363,046
1,241,206
320,09
2,073,467
3.036
1.530,.343
40,333
2ia30it
3,136
34,336
8,968
4,791
1,714,069
64,615
883,685
117,303
12,397
60,976
944,703
11,038
873,21
38,011
543
61.943
253.756
313,955
150,007
108,089
43.518
31,841
15,684
37,273
74,533
53.003
50,440
859,323
38,003
338,461
430,473
20,25-t
4,624(
55„507,
00,775!
44,834
303.233
7,053,326
1,783,858
4;8,116
950,342
1.342.118
250,085
414,830,
230.498
786.6,i0;
17.I89..572
2.91;:,9J4
20,498
76,8691
31 5,09
640,944|
46,4Tli
36,182
2,727,632
3,196,460
i
42,583
161,766
"i°,iw8
37,994
261
1,130,639
378.066
1.017092
35.209
140.989
348,910
1.257,004
55,622
248.565
3,772,015
239.055
261,072
955,486
298,900
46,997
4,897
3.771;
116,089
17,971
7.080
431,0491
4,329
127,808
20,745
14,993
'i3,WB
380
180,.564
56,771
1,968,618
220,029
613.028
3.198,.574
l.:;i>l,(ii;i;
318.476
20,491
66|6»4
56,751'
26.259;
1.703,9 ;6;
166.1)11
47r.,4.'l
l.-.s.:t3J
421. i;2
1,182,207;
26.\769l
3,324,750,
St. Ix)uls
8tc.
1,390.874
938,134
964,3,^3
16.352.8931 14.588.977
2.073.952
2,210.86r,
2.098..'2»
2.574.646
Louisv. Evansv. A St. L.
Louisville A Nashville..
Louisv. N. Alb. A Chic,
lyoulsv. N. Orl. A Texas.
Memphis A Charlestou.
Mexican Central
MinneaiM)ll8
84.014
22,575,870
373,464
2,656,352
10,455
1,820,460
51,151
48,342
12,040,093
299,28^
4,604,325
1,817,400
3,063,099
2.470,140
22,593,250
55,766
2,213,383
1,305,303
59.908
499,972
3,304,092
847.121
25.11
2,069.380
187.109
2,';4i;.ii--'
993.326
90.995
1.244.133
1.007,057
5,746,154
2.203.784
2.840.155
Dtere4Ut.
$
2.197.477'
214.284!
380,570!
A Pembroke..
L. Erie Alliance
30.
Inercat.
2.154.895
1.008,887
23.609,
970.231
313.801
Kentucky Central
Keokuk A Western
HOVCMBU
5.1j8,22'(!
187.370
18,329.107
3.290,990
970.095
40,106
140.305
352.681
1,374.592
37,651
255.645
4,203.064
Shcnanrt'h.
Indianap. Dec.
Iowa Central
Iron Railway
TO
5,759.170|
276.!t69
822.808'
2.107..374
.
.
1,479,757
317,026
2,252,004
24,878
100,341
454,008
7,310.011
2,198,6881
454.614
1.027.211;
DuluthSo. Sh. A Atl....
East Tenn. Vn. A (}a
A
1
$
406,42.1
Cleveland -% Canton
Clev. Cin. Chic. A St. L.rf; 11,002.490
23.j,043
Cleveland A Marietta...!
1,397
1,218
9,233;
.
$
1.938,913
1,527
1,218
98,128
123
187
838
10,0.521
1
+75.704
1888.
363.004
6.578,010
1,934,862
2,075,406
2,409,174
23,538.043
66,794
Ohio River..
P. A Kan. City.
Fort.
+ 37,834
+ 10,417
—666
91
1,960
+ 11. 143,
1880.
Fla, Cent.
—50,570
91
71,397| 1.037
lM,115l
138
4 3,8151
678
:
;
101
278.935,
249,948'
-l,40o|
t
blockade.
330
+9,6,52
+28,953
61
347
310
— 178i
Three weeks only of November In each year. I For four we«k« endad
Nov. 30. b Kiohmonil A Alleghany Included In both year*, t W»
give here the earnings of the entire system the separate road4 will Im
found elsewhere.
a Traffic Interrupted ten to fl/(ean dsya from (iiow
Kvansv. A Indianapolis.
Evansv. A Torre Haute,
Flint A Pere Martiuettc.
+ 89,370
+ 103
+37.312
S4
*
538
570
+21,875
+ 8,073
+ IU,937i
73,.5«1
81,678
411,410
..
2,176
—304
148
113
61
334
48
386
46
347
907
17,487,
283,0.10
71,8171
A Atlantic. ..
A 8.F.(4 roads)/
A West Point
106 Atlantic A Paclflc
267 Blrm. .SelmiiAN. O
70 Buir. Roch. A PIttsb
325 Burl. A Northwestern..
22 Burl. A Western
1,467
1,497
334
43
335
1,069,043'
85,052
1,497
+ 15,390
t
64,317
63,700
Poo.
St. L.
110
68
365
347
00
365
247
24
+84.286
109,123
8.113
8,670
86
1.499
»4I0
181
fll.il'.JO
69,791
660,387
74.864
0O,3S4>
Col.
177
418
5,H32
+20.«t67
6.643
+ 1.539
139,887i
54^30
734,673
A N. Mob
A. Arb.
14,501
70,383
91,000
136,479
iKl'd Hap. Tr..
I'aelllo
178
463
160
110
I
20.1153
2.5,920
Texas A
36,549
+ 82,181
^
90,020
20,403;
Sontli Ciinillnii
Statin
S
63,164,
96,3881
fll,H.'i2
538
656
126
330
+ 7,666
+ .57.457
546,075!
86
790
408
42
344
336
295
198
143
170
86
53
165
281
194
165
143
815
20
294
52
105
4,660
234
140
754
39H
2B9
•
80.713
178,414
+ 249,278 2,181
-354
+ 925
+ 106,083
118,487
940,357
26.165
5,678
476
86
Oentral..
Ban Ant. A Aran*. P.
San Fran. A Nor. Poc.
589
63
135
361
290
—507
—1,533
+ 19,199
229,961
.563,212
398
61
1,058
«
148
113
61
589
63
135
357
290
-)43
4.54,404
128.915
1,221.126
1 1 6,042
53
+57,670 3,487 3,419
335
335
+ 31,673
—831
189
189
—1,739
63
63
+1,216
95
95
+ 163
153
153
509
509
+11,920
—1,147
20
20
129
129
+ 2,284
671
671
+20,717
163
+762
163
275
275
+ 17,737
162
138
+ 13,243
254
254
+5,574
1,568,367
266,561
82,495
6,960
16,784
29,062
125,871
4,131
21,652
4,738,
140
+ 60,140 1,517
I
St. L. Dcs Moi.
Nor
St. L.
San Fran'sco
St. Paul ADulnth...
8t. P. Minn.
Man...
8,719
+18,627
+157,107
—2,369
-2,517
666,860
250,498
32,994
87,766
110,280
517,569
21,826
67,050
193,650
65,607
2,699
181,180
17,597
.
2€
294
52
105
4,057
+7,452
+15,400
2,955
7,620
38,519
Minn. & 8t. Louis...
140.6001
Minu. et.P.&. S.SteM
137.9941
Miss. Kan. A Texas..
557,173
Mobile* Ohio
289.079,
277,445:
Nash. Chatt. & St. L.
261,571
293,989
New Orleans & Gulf.
21,008
22,690,
N.Y.Cent. &Hud. Riv, 3,113,405 2,994,242|
N. Y. ANorthem
41,836
46.056
N. Y. Ont. AWest....
129..523:
156,000
Norfolk A Western
405.401!
484,231
Northern PaclUc
2,220.941 1.89M.611
Ohio Indiana A West.
116.110,
117.523,
Ohio A Mississippi...
291,588
3.50.165
Ohio A Northwest'n..
14,1301
18,918,
Coluiub. & Maysv..
6691
812
Ohio River
42,340'
56.2891
Ohio Southern
48,411
53,289
Peo. Dec. A Evansv..
53,0541
.53,136
Plttsb. A Western....
186,612
174,173
Pres. A Ariz. Central.
12.132
11,929
Quln. OmaliaAK.C.
19,016
20,830
Rieli.A Uanv.(8r'd.s)<; 1,119.625
996.400
Rio Grande Western.
140,100,
131,900
Rome A Decatur
4,400
8,400
12-', 132
St. Jos. A Gr. Island..
120,878
St. L.Alt,AT. n. Brs.
82;108,
103,280
St. L. Ark. & Texas..
323,695;
460,298
86
+ 120.000
+ 5,752
31,4,50
6,733
185,412
20,460
62.264
240.163
88,449
1,341,787
175,701
275,583
23.348
146,223
01
1,068
(
2.2.56
16,094
439,000
180.825
186,608
219,705
2,615,260
6,376
267,628
108,112
5,086
48,003
300.589
153,344
105,559
66,060
75,415
33.645
14,675
38,091
156,193
53,233
25,373
912,979
19 935
126,084
26,439
253,634
1,504
+ 83,019
345,939
160,477
44,432
24.423
304,092
184,618
4,293
4,717
1,328,964
53
+ 0,150
35
35
+111,538 4,034 4.034
UM.
18«».
A M.—
M.
Montana
7,73.'S
JTUMfH.
188H.
$
9,285
Mmrnlma w.
,
8t. P.
9.333
13,sa
777
NOVSMBHR.
of Road.
Annlston & Atlantic.
Annlston ACincimrtl
»
1
1
1
569.491
120,170
8,9.59
67,697
452,083
1.069.393
433,848
356.3a5
QHE CHRONICLE.
778
Xame
of Road.
1889.
New Orleann * Gulf.
N. Y. Cent. & niid. Rlv.
Now York & Northern..
N. Y. Ontario A We8t'n.
Olilo Ind.
A:
Western....
Ohio & Mississippi
Ohio & Noi-tb western.
.
Colnnihng & Maysvlllo
River
Ohio Southern
Peoria Dee. & Kvansv..
Pittslmrj.'. A Western...
Olilo
Pre.i.
&
Ariz. Central....
Quincv Omaha * K. C.
Rich. <fe Dan. (« roailsje.
Rio Grande Western
fit.
fit.
& Or.
Jos>.
L. Jilt.
&
Inland
T.H. Br'chs
A
A
8t. L. Arkarsa.?
Texas
St. L. Dos. Mo.
No. . .
et. Lonia
San Fran...
St. Paul
Duluth
St. Paul Minn.
Man...
&
A
&
San Ant. A Aran. Pass..
Savan. Amer. A Mont..
Shenandoah Valley
South Carolina
Staten
Isl. Rap. Transit.
A Paelflc
Tol. A. A. A No. Mieh...
Toledo ColnraK A Cin..
Texas
A Ohio (Central..
Tol. AOhtoC. Kiten....
Toledo Peoria A West'n.
Toledo
A Kan. City..
Valley of Ohio...
Waba-^h (consol. system)
Tol. 8t. L.
Western of Alabama
Western N. Y. APenn..
West Virginia Central..
WbeelinK & Lake Erie
.
Wisconsin Central
Total (142 roads)
Xet increase
Inereaie.
Deer eat:
$
$
8
555,834
1,707,032
5,048,583
20,134,726
1,304,270
3,711,931
108,215
10.080
542,800
480,942
652,955
2,002,600
117.108
220.070
10,386,946
1,368.452
1.093,225
099,122
3,414,112
55.458
5,477,280
148.092
32,282,733
516,605
1,567,309
4,467,570
10,578,580
1.371,322
3,407,862
171,529
7,713
425.465
506,141
637,241
1,832,763
96,847
197,023
9,206,045
1,239,990
1,046.432
842,883
2,718,488
47,814
5,237,747
1,20],3.'>5
1,4.36,.329
8.102,614
1,267,030
179,123
871,021
1,231.508
870,333
8,423,703
1(10,0,34
. .
Norfolk & Western
Northern Piuiilo
1888.
$
33,075,0»>7
6,00'',64r)
87.3.712
235,131
1,140,530
10S,906
840,13"
957,236
587,955
11,854,804
499,561
3,164,601
091,888
830,151
3,894,699
904,107
107,!»08
760,502
1,145,325
850,889
5,715,515
617,038
169.842
1,102,303
79,645
816,155
513,801
569 732
11,272,903
410,403
2,929,237
601.202
800.738
3,535,675
11,942
792.334
39,229
140,503
581,007
3,356,146
67,043
25,199
15,714
149.897
20,201
29,047
1,180,901
46,793
156,239
695,624
7,644
239,533
234,974
321,091
362,923
71,315
104,519
86,043
19,444
352.130
256.674
65.289
38,227
27,261
23.981
443.435
18,223
581,961
89,158
235,304
a satisfaction to note in connection witli our
an increased consumption in
We have received today by cable, aud give in our cotton report, Mr. Ellison's
figures of mill takings in Europe in November, and
since October 1, and it will be seen that he again raises
the weekly rate in Great Britain one thousand bales.
This brings up the European total at present to 157,000
bales, against 151,000 bales reported at this time a year
ago, or an increase of 6,000 bales per week, all of 400
lbs.
each.
With business improving everywhere it
would not be any surprise to see these figures further
added to.
is
pXjowjctarxjgComnxjcvciat guglislx
90,08(
29,41.'?
359,02')
1,661,077
of the entire system; the separate roads will be found elsewhere.
system, includinn lines half owned with the
•xceptlon of Atlantic A Paciflc, which is separately given above.
THE COTTON CROP AND ITS MOVEMENT.
It is not our purpose to attempt any exact estimate of
the out-turn of the cotton crop of 1889-90. To obtain,
however, some idea of what the production in each
State is likely to be, we sent out extensive inquiries
since.
is
progress this year everywhere.
128,4,56
of the results obtained,
It
larger crop that there
/ Emhraoine whole
way
an average of 44,700 bales weekly. It is thus
more than suflBcient to
keep machinery actively employed. And there is no
doubt that our mills are now turning out goods about
as rapidly as they can.
* Three weeks only of November in each year.
a Includes for the first three months the results on the Fort Worth A
Denver only.
6 Richmond A Alleghany included in both years.
d Includes for the first six months of the year the C. C. C. A Ind., C. I.
St. Lo\ii8 A Chic, and Cairo Vin. A Chic.
« We (;ive here the earnings
in a general
takings thus far this year, although small
compared with previous seasons, have been 670,816
bales, or
30,590,882
throughout the South about two weeks
Vol. XLIX.
seen that takings have been
244,069
26,686
2,367
117,335
367,903,63-; 337,312,755 32,251,9,5!
The
week.
I
Speaking
we may
|Vcws
[From oar own correspondent.]
London, Saturday, November 30, 1889.
The money market remains much as it has been for several
weeks past.
There is artificial ease without real confidence
in its continuance, yet v/ith some expectation that it wUl be
The discount rate throughout the week has
maintained.
ranged from 4 to 4i^ per cent, and at the Stock Exchange
settlement which ended on Thursday evening borrowers were
able to renew old loans at about A% per cent, while the rates
for new loans were from 4% to SJ^X per cant, occasionally 5}^
per cent being charged.
Yet the supply of money in the outside market is so small
that on Thursday, which was pay-day on the Stock Exchange,
very large amounts— it is said as much as a million and a half
sterling were borrowed from the Bank of England. The revenue is being collected just now at a very rapid rate. During
the three weeks ended Wednesday night there was a decrease
of about 2% miUions sterling in the " other deposits," in which
are included the bankers' balances at the Bank of England,
that is, the unemployed money at the disposal of the outside
market, and the decrease was mainly due to the collection of
—
say
that the replies certainly indicate a yield greater than
in 1888-89.
Texas has raised fully 25 per cent more the revenue.
There have been some exports of gold, but there liave also
cotton this year, and in Georgia, Alabama, Mississippi
and Louisiana there are also gains to be recorded. been some imports, and both coin and notes are now coming
During the week ended
back from internal circulation.
Considerable percentages of loss are reported from
Wednesday night the receipts from this source and from
North Carolina, Tennessee aud Virginia, and in South
The return of coin
abroad exceeded half a million sterling.
Carolina and Florida there is apparently a moderate and notes will probably continue for some weeks, but it ia
falling off.
The replies received from Arkansas do not again feared that there may be large withdrawals of gold.
at present authorize an estimate of production in excess Berlin has taken this week about two-fifths of the half milIt has
of last year, though, considering the earlier excellent lion obtained by Messrs. Rothschild in St. Petersburg.
bought other small amounts in the open market and has withprospects in that State, it may be that a too pessimistic
drawn a small sum from the Bank of England. Small withview of the outlook is now taken. In any event, what drawals for Portugal have also been made, but the main fear
we have already said shows clearly enough that the re- is concerning BerUn and Buenos Ayres. The Berlin market
turns before us warrant the conclusion that the yield in is very stringent and is likely to continue 83 all through next
month, while the crisis in Buenos Ayres makes it appear
the whole belt will be in excess of a year ago.
One
point in connection with the movement of the
current crop has provoked discussion, and that is the
much smaller takings by Northern mills this year than
in
former years.
shown that up
to
In
last
December
week's
Chkonicle
6 the deficiency,
it was
compared
The great financial
probable that gold will be taken there.
houses of London have been able so far to prevent withdrawals, but whether the crisis may not become too acute to
It is beallow of longer x)ostponement remains to be seen.
lieved that the revolution in Brazil has put a stop to gold
On the other
withdrawals for Rio for some time to come.
band, there are apprehensions .that gold may be taVen for
New York. Still it is hoped that the great financial houses
will somehow or other keep the market comparatively easy.
with last year, was about 135,000 bales, and contrasted
with 1887 reached over 210,000 bales. The magnitude
of the falling off led some to suppose that the mills
The general belief is that the discount rate in the open market
were not getting enough cotton to supjily current wants will rise to nearly 5 per cent before Christmas, but that the
if machinery was being fully occupied.
That impression Bank of England rate wiU not be raised, though probably the
Bank may charge borrowers 6 per cent.
is an erroneous one, as the results of mill operations
The price of silver advanced early in the week to M%A. per
for former years clearly prove.
By referring to our
ounce, but has since declined to 44 3-16d. per ounce. Although
ootton report for the season 1888-89 one will see that
the Indian money market is much easier than at this time last
Northern mills consumed in that year 1,829,000 bales, year, there is a good demand for silver for India. The export
or an average of a little more than 35,000 bales per trade of that country is of imusual magnitude, and business i«
December
THE CHUONICLK
14, 1889.]
very active in the
interior.
Still
the Indian banks are not
willing to give more than 44d. per ounce. The broker who
acts for the Mint, knowing this, stopped buying, and tlius
caused a decline in price. The truth is that both the Mint
and tlie Indian banks are waiting for some expression of
opinion by the President and the Secretary of the Treasury as
to the silver policy which the United States ought to adopt.
If the message indicates an increased coinage, there is likely
to be a considerable rise here. If it does not there may be a
temporary
relapse.
demands. Far more serious ia th* dtapute in the coal trade
A meeting of delegates was held this week at Newport, in
South Wales, the main point for consideration being whether
the delegates should recommend mcmlx-nt of trades unions
over Great BriUin to strike at the beginning of U»e
year for an eight hours' underground working day.
all
it
ought to terminate to-day.
Ap-
parently it will close without serious difficulties. The great
bankers have all combined to assist operators, and they have
been aided by great capitalists in London, Paris and Vienna.
Nevertheless, the rates charged have been very high, Borrowers in good credit and with good security have been ac
at about Hi per cent, but in many cases much
higher rates have been paid. It is said that in some instances
12 and 15 per cent has been charged, and even more. The
public is content so long as money can be obtained on any
terms, for trade is exceedingly good, and every one expects .a
renewal of speculation at the beginning of the new year. But
there is the December liquidation still to come, and it threatens to t>e even more difficult than the one just ending. Hitherto
commodated
A
desire, therefore, an immediate strike. The minera
not belong to trades unions are unwilling to strike
and their attitude evidently deters the leaders of the tradM
unions. A large meeting of mine owners was held at the
same time in London, and decided that energetic reaiaUnce
should be made to the demand for a uniform eight houra
delay,
and
who do
working day. They allege that the demand would lead to a
reduction in the output of at least 12 jwr cent, and probably
much more; that it would, therefore, raise prices ao much
of
that it would throw all the indufctries of the country out
to the
gear, and in the long run would be disadvantageous
ia poetr
trade of the country. The question for the moment
the chief apprehension has been respecting the speculation in
mining shares, but fears are now arising that there may be a
sugar ti-ade.
crisis in the building trade, and one also in the
In Paris the revelations brought out by the failure of the
the leading
failure of the Comptoir d'Escompte discredited
the
bankers, and ever since there has been little inclination on
part of the public to follow their lead. The feeling has been
weeks
intensified by the Brazilian revolution. Only a few
ago a groupof great bankers brought out the National Bank
Brazilian
of Brazil, and committed themselves to various other
enterprises. Perhaps the public is too harsh in its judgment,
London and Berlin were as ignorant as Paris
what was going on below the surface in Brazil but all the
same the French public seems to have concluded that its
former financial leaders are reckless and wanting in judgment, and speculation, therefore, is for the moment paralyzed.
Here in London the labor disputes that are going on aU over
coal
the country, and especially the fear of a great strike in the
cautious, and all careful observers
trade, warn operators to be
will become
are expecting that the crisis in Buenos Ayres
helps to deter people from incurworse and worse. AU this
one
ring new risks in the American market, especiaUy as no
may be the consequences of the Chihere can estimate what
that
cago Gas Trust decision, and as besides there are fears
market may be very stringent towards
the New York money
for apparently
of
;
poned, but by no means settled.
pig iron
Tliere was a decline this week in the price of Scotch
immediate reof about five shillings a ton, but there was an
long
of about a shilling. It is expected that before
covery
we
is
attributed to sales by speculators
much lower
and wished
prices,
at
It
there
if
ia
is
iron to go uping houra it is reasonable to expect the price of
same time the consumption of iron ia increasing, not
At the
and in
only in the United Kingdom but on the Continent
Copper also has been advancing this week. Atone
America.
the stock in
time the price touched £50 a ton. It U said that
therefore that the great
is being rapidly reduced, and
Paris
the Comptoir
bankers who took over the warrants held by
themselvesd'Escompte have already to a large extent covered
Anaconda mine has also strengthened
The reported fire in the
active buying of cop^
the market. Therefore, there has been
Rio Tintos advancing to 16Ji at one time.
per mining shares,
AU other commercial markets arelUiewise strong, particularly
believed in
debt,
having won in almost every
Over 4,000 men have
dock strike has broken out in Bristol.
this involves a strike by
rft work, and it is expected that
The disputes between
some thousands of other work people.
and their employes are
the omnibus and tram-car companies
are givmg way, and the
not yet at an end, but the companies
point of obtaining aU their
bakers seem likewise on the
men
who had bought
to realize their profits.
a reduction of the working day in the
Already
rise in iron may be the result.
coal trade, a further
wages both in the coal and in the iron trade have risen conreduction in worksiderably, and if the cost is mcreased by a
clear that
sUk and coffee.
snow havmg
The weather here has suddenly become cold,
North of IreScotland, the Nort;h of England, the
faUen in
occurred all over the
land and Wales, and sliarp frosts having
wheat
Kingdom. This has tended to strengthen the
United
all that Uttle change in price.
market, but there is for
.
EngcIUh Financial IH«rket»-Per CaWe.
securiHes, &c.. at London
dailv closing quotations for
for the week ending Dec. 13:
are reported by cable as foUows
The
1
Egyptian preference
to assent to the conversion of the
opening up Peru,
and preparations are already being made for
to be numerous
order is maintained in BrazU there are
whUe if
peace seems to be assured tor
Above all
Brazilian issues.
next year at all events, and probably longer.
last settled, the
The London dock disputes appear to be at
But a great
particular.
The temporary weak-
shall see another considerable rise.
ness
the end of the year.
Bat.
London.
With all this, markets at bottom are strong. It is believed
active than
•<*
that next year busmess wiU be larger and more
311ver,peroz
good, and Consoin.uew 2\ perota. OV'is
for a long time past. Trade at home is exceedingly
977
for account
do
United Kingdom at all eVoh rentes (In Paris) fr. «7-72ii,
In the
everywhere it is improving.
107 "4
busmess is, 0. 8.4 >«8ot 1891
and
13014
events there is little commercial speculation,
0.8. 4s of 1907
all
75
Canadian Paeitlo....
Besides the great financial houses
therefore, very sound.
& St. Paul.... 72>«
of new issues Chlo. Mil.
12l»«
Illinois Central
over Europe are committed to a vast number
.••.-„••• IIOI4
be sup- Lsikc Slioro
88
which require for their success that markets should
l.ouisvil'e & KaslivlUe..
there is expected Mexican Contriil 4n .... 72>«
ported at any cost. In January or February
N Y. Ontral & Hudson. 110%
Russian Government
to be a great French funding loan; the
N.Y. Lake Erie & Wesfu 2-''a
10458
2't cons
do.
of its debt; Italy
intends soon to continue the conversion
NorfolW * Western, pref. 0i>4
money; Spain is in a similar position; Norlhern raoific, pref .. 7-"«
wants a large sum of
."1439
has decided fenrHylvanla..... ..--" 20\
Reading.
Paris that the French Government
it is
new
The
question was discussed for two days, and the discuasioa w««
large proportion of the miners are in
finally adjourned.
favor of Parliamentary action rather than a strike, while a
majority fear that parliamentary action will InTolvo a long
The Brazilian revolution has for the time being stopped
speculation at this centre, and its effect has been heightened
by the uncertainty of the money market, and by the state of
several of the foreign bourses. The liquidation on the Berlin
Bourse has been going on for more than a fortnight, an exceptionally long time, but
779
&
Philadelphia
Tmi.
Wtd.
41
43^8
97l,s
44>s
97' »
974
W12>4
an-d
9739
87 -SO
107 14
I3OI9
74''9
71 7g
121
I10>a
The
total
*iV«
971t«
9711,.
•>?'«
M
8H-22'-.'
-"4
107 «4
130 •«
7938
107 '4
130>a
7.S14
75 >«
71%
Tl's
121
lll««
121'*
lll>*
71Vi
121
1L1<4
52!?
73%
IHlSs
110>a
121
no's
88!>s
02 >4
t;i%
71*
7i»»«
71%
88%
110>4
28!W
l.M'-^
llOU
lom
44
1
72»8
111
28 \
72 1«
101%
73 "4
62
79
28>
mag
78%
54 'fe
tSH
73%
38 >•
104 >•
61 >4
5-1 ;a
20%
Ai2»>«
75
28'»
104%
lOl's
20'a
54%
20%
71
32 «
71>9
70»8
32
32
I 77%
20'9
70'g
32
.'S44(
54%
tOH
70 >«
31%
of |«st
exports for the WMK.-T.ie importssl.o« a
week
with those of the precedme
we^compared
l^^^y,
JH.
Thun-
S17».n
97!i«
71
32 14
Union Pacillo
Wabasb. nref
"imports
Hon.
dry ^eoodsand
aninc^|^ne™l
.^^^^^^^^
"X''^„JVn Tfi^ff^vo X"%rov,ou.s. The
to 86,677.107.
P'^l^i^fnr'^the Tek endeo^u^ 10 amounted
exports g^o"^ the week end^De.^.
^^^
^Trfo\iS'-S
l^^e^S
of the
^^^ previous.
S^Si r-h^^^^^^^
^;^;rfhU^&;\-r t^Uu'^llnrenS^o^gi^^
first
week
in January.
THe CHIlONlCLh
7fcO
FOREIGN IMPORTS AT
NEW TOSK.
[Vol,.
XLiX
A YOTOQ Mens
Club. -There is a Club for young men
in
City whose objects and practical working^
are no"
half as well known as they ought to be.
Dry Goods
It is for cllrks, men
$2,130.9C0
$1,808,862
$1,676,628
$1,880,557 on moderate
uen'lmer'dise..
salaries, mechanics, and all that
7,368,822
6,104,491
6,877,031
class of hanl
6,108,729
„Total
*9,499,782
$7,973,353
rln'w^ '"r'r''M''°."^'^'°°St«t'»e fashionable clX,
$8,553,659
$7,989,286 can not go often to the theatres or opera, and who
mnee Jan. 1.
need a good
place to spend theu- evenings with comrades
Dry Goods
,?109,300,410 «115,357,804
and the ordinary
Sen'lmer'dlse.. 301,493,046 .;;;j-.SA';i"-.'ll"'384,914 $125,789,972 amusements that young men find
325,697,929 317,029,963| 342:9311973
when they are tlirown tdimportance to business
Total 49 weehc $410,793,456 $441,05"5,733
$436.414,877'$468.721 ,945 fn!;w'';hof.K*-° clerks
know that their i"!"""""!? employes are conducting men to
and
themThe following is a statement of the e.xix)rts (exclusive
of selves decently in their leism-e time while absent from the
specie) from the port of New York to foreign
ports for the store or office, and there is scarcely a firm that would not di^
week endmg December 10 and from January 1 to date:
charge a man if they knew he spent most of liis
evenings to
EXPORTS FROM NEW YORK FOR THE WEEK.
''^"^' "^ '"
company of disreputable
characters
1886.
1887.
1888.
1889.
Where then is a young man in New York with 85
£op the week....
week salary expected to spend his evenings with anvto 815 a
$6,723,388
$6,483,418
$6,066,373
$6,677,107
dcCTee
PWT. reported.. 296,050,165 287,403,002 274,971,624 317,023,674 of comfort or satisfaction to liimself?
He cannot staV everv
night in his boarding bouse
he cannot go constantly to
Total 49 weeta. $302,773,553, $293,856.42 $281,537.997
$323,699,781 places of amusement
he cannot roam the streets There is
The following table shows the exports and imports of
specie no decent place for him unless he belongs to some kind of a
at the ptJrt Of New York for the week ending
December 7 and social club Busmess men ought to face this subject squarely
** '"^ *^® corresponding periods
in and not shirk it, for there is an obUgation of,humanitv
rST^d'lSS?'as weU as a self-interest, in seeing that clerks
and others
have some good place to spend their evenings,
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
whenever
they are mclmed to avail themselves of it.
Exports.
Import!,
The Club we are speaking of is a large organization,
Bold.
having
no less than nme different branches, with their
Week.
Since Jan.l.
houses or
Week.
Since Jan. 1
rooms in different quarters of the city, all of these
houses
Great Britain
$13,914,615
$96,500
$477,134 having readmg rooms and parlors for social gatherings and
France
27,718.805
1,654,804 amusements, and several of the largest of
Germany
them having each
22,273
1,849,373 Its bowhng alleys
West Indies.. .......
and gymnasium. The organization is on
$15,000
4,464,143
101,500
901,487
Mexico
30,300
93,134 the most hberal basis, Protestant, Catholic, Jew, Free-thinker
South America
22,6(0
2,276,476
7,600
211,412 and Agnostic all being admitted freely to the
All other countries.
advantages of
76,200
6,344
846,952 the Club-in other words, there
is no test except that a
man
Total 1889
$37,600 $48,502,812 $211,944 $6,034,296 shall be of good character and betwefn the ages of
16 and 45
Total 1888
44,547 2,'>,678,558
8,048
"i^;® js another field of immense work in
5,904,432
Total 1887
, f
connection with
94,624
6,898,239
156,880 37,517,894 this Club which is not known
to one business man out of a
Exports.
thousand in New York City, and that is, the opportunity
Imports.
Silver.
offered for study
evenmg classes. How many jieople know
Week.
Since Jan. 1
Week.
Since Jan.J
that
the evenmg classes of this Club there were
last year
Oreat Britain
$296,683 $18,260,130
$109,507 some 1 ,833 different young men—a greater number of students
France
215,000
14,711 we believe, than are listed in either Yale or
Germany
Harvard Uni26.287
973 versity—and all these fellows
West Indies
earnest, hard-working vouns
141,981
220,402
Hezico
men trying to educate and improve themselves for makine
231 945
South America
a
I!
311,912
68,009 better hvmg, by studying at night, as they are engaged
AU other countries...
all dav
190,002
863,662 at their several places of business.
These classes include writTotal 1889
$296,683 $19,145,912
$47,336 $1,509,209 mg, bookkeeping, typewriting, arithmetic, algebra, geometrv
Total 1888
283,738 12,685,964
2,342
1,807,691 "mechanical drawing, steam engineering, French, German,
Total 1 BS7.
&c,'
502,711 11,088.810!
2,125
1.927,654
This Young Men s Club is also giving great
attention to
State Tmst Company is one of the prominent
athletics
In addition to the regular gymnasium work
financial
i^ir-w*^
in
mstitutions lately started
New York, and has offices at 50 classes there are bowling teams having matehes between the
'"^^"^ "^ $1,000,000 and a surplus of several branches, base ball
summer, and boating and other
*
Kooo"''
athletic opportunities at the grounds on Harlem
River occu- J
Mr. Willis S. Paine, President of the company,
pied by the club during the past two vears.
_
was for
I
wx years Superintendent of the Banking Department of over
^
Now, how is all this work to be carried on? Certainly
New
not
Trenholm, First Vice-President, was by the membership dues, for these are necessarily
placed at
KoK^^"";^^"'^"!
United States ComptroUer of the Currency
in Mr. Clevelkn.i's the lowest possible fagure of §5 per year (or including
gymnaAdmmistration and is President of the American
Sui-ety sium, a trifle more); otherwise many of the young teJlows
Company
ilham Steinway, Second Vice-President, is the who are the very ones to join, would be
excluded. The execuhead of the celebrated piano house. These
gentlemen are in tive management is admirable and will bear the closest examithe directory, with twenty-one others,
among whom are nation, and with all reasonable economy the expenses la<»t
;«'elI-known capitalist; Charles R. Flint, year were over $80,000, while the membership
dues were onhr
v^-^v^ o S- .' ,?
^™''^"'
.tL^'mere
^r**'
C^^^^^-and many <5«neral Manager of the Bigelow Carpet about $3o,000 to were some receipts from rents, etc leavini
Company,
other leading business men.
be made up from contributions of friends
and
receive subscriptions at par for othera interested in the work. No financial institution or
^%«200 miTof bonds of ^ San Diego
^"J.
charitable corporation in New York, we fancy,
$200^000 of h^.T'^'. the
Gas & Electric Light Comcan show
pany, a corporation organized under New
more or better work done for the money expended than
Jersey laws to carry
this
°' ?%" Diego, Calffornia. The^
are part of §500,000 of 6 per
arepart^ofSooo'^nffi'^''^ cent first mortgage
This year the expenses are larger, owing mainly
to increased
consolidated
requirements, to the building of a gymnasium greatly
'''° ^**^
^^^^- T'^e authorized is^Sr'TO
needed
J at one of the branches, and to
^0 and t' *°
000, n^H the remaming i^^.$350,000 will not be issued at present
the purchase of property in the
Bowery for a house where young men in destitute circumSmith & Co., diamond importers, 183
stances and worthy of help can be lodged and fed
Rmn^wfJ- ^^'^1 ?•
Bioadway, predicted one year ago in our
for a short
columns
diamond market was on the eve of a strong recovery that the time while they are looking for work.
The Association
from the requires §14,000 before the 1st of
depression
January to meet its requireprices which had so long
m/orm us that the advance has come, and existed Tl e^now ments and close the year free from debt on its annual
bids^V tocontiW expenses. Is it right or fair
that the worthy men in charge of
'*'"'^"1"'' '^^'^^^ *''^ P'^^^ent season a
most fav! this excellent club should be obliged
orable time to purchase from stock
to lay aside their regiilar
accumulated at lower rates duties, neglect
for a time the club business or their
—Messrs. Kuhn, Loeb
own
Co. are offering to investors 7 ner busmess, and tiu-n themselves
into soUcitors and canvassers
cent guaranteed stock of Albany
Susquehanna Rr" 8 per with all the wear and tear of mind which that
cent guaranteed stock of
implies, and so
Rensselaer & Saratoga RR and around from friend to friend
and firm to firm to raise thia
other prime investment securities.
paltry sum of $14,000 for a cause which touches
the intereste
--Railway coriwrations desiring locomotives,
of every business man in the city of New York
cars rails
?
Such of our readers as are interested in the work of this
and only General Club for Young Men in this city will be one
kind
tracts and negotiates securities.
enough to send their checks to R. R. McBumey,
Secretary of
The Board of Trustees of the Edison
Men s Christian Association, No. 40 East TwentyGeneral Electric Co "»?
'
third Street, New York.
quarterly dividend of 2 pei cent
excepi
«nJh stock a3 IS ^
such f^^'l^''^'^ hefd in trust by the
Farmers'^Loan& Trust Co
—The Treasurer of the City of Toronto, Canada
giiuJiinci iiwd f^luancial.
invites
proposals for some $75,000 town of Parkdale'4
per cent bond/
Parlidale was recent ly annexed to Toronto,
See advertisement'
for Week.
1886.
1887.
1888.
New York
1889.
;
;
',
.
.
.
,
m
m
'.
m
m
h
W
'
m
^raW?S?
&
&
'
—
72™^
•
'''^est
mortgages
triT and'trfr!!'™^/"
mc and horse railways wiU^notice the on suberban elecadvertisement of
Messrs. Martin & Breckenbridge in
to-day's Chronicle
—Proposals are invited for $275,000 City of St.
Paul 4 per
cent bonds. Details of the issue
are given in the advertSIaavertisement
another column.
m
Spewcer Trask &
(.'o.,
BANKERS.
IB and 18 Broad Street, fiew York City.
ALBANY, N. Y.: SARATOGA, .N. Y:
PUOVIDENOE H
!Vo8.
TRANS.* CT A CENUKAL,
Securities
tt^ntiilnTit^,!
I
BANKING nuSfiKSS.
Boupbt nm\ Sold on Commission
an*fl7<;"l?hi!SlUa.Xs?JSSk'r" °--'
^^
«»
Special
«-" ^""c*
December
14,
THE CHRONICUi
1889.J
The
^ViztiU.
Slxje gawlijers'
781
r«t«« of leading bankers are as follows
IHeembtr
DIVIDENDSi
Tlie following divldonda
Prime
Prime (•(iiiimcrrial
Docuininlary commercial
hare recently been announced
I'er
When
Cent.
Xavieof Company.
Payable.
Fraultfurt or
Railroad*.
5
G
Jan.
Jan.
Jan.
Dec.
Jan.
Jan.
Jan.
Jan.
Dec.
Eensselaer & Saratoga
Rlch.Frcd.&Pot.eom.&dlv.obllg's
4
[Jan.
3
Tyroae
2H
Jan.
Dec.
3
;Jan.
1
212
II4
jDec.
319
31a
LehiKli Valley (qiiar.)
4
Little
'
I
N. Y. New Haven & Hart, (quar.)
Kortliern C<mtral
Ports. Great Falls
-fe
IV
4
2»2
& Conway
Cleartlclrt
liiHUrance.
2 Deo. 15 to Jan.
2
I
15 Dec. 11 to
24 Deo. 11 to Dec. 25
2 Dec. 17 to .Ian.
2 Dec. 17 to Jan.
:; Deo.
15 to Jan.
2
2
2
Dec.
7 to
2 Dec. 15 to Jan.
2 Doc. 21 to Jan.
30
lt(
Jan.
Rutgers' Fire
iTIlHt
ellaneoiiM.
American Bell Telephone (quar.)
Cousoliilated Elee. Light (quar.).
Consolidated Gas
Western Union (qnar.)
do extra
do
* In reirfstered hond certificates.
15 Jan. 1
1 Deo. 25
3
Jan. 15 Dee. 21
Jan.
I
\
14 Deo.
to Jan.
to Jan.
to Deo.
14
1
19
to Jon. 2
Dec, 13. 1S8H.-5 P. M.
The Money Market and Financial Sitnation. There has
been little animation in Wall Street this week and we seem to
It has often
be having an old-fashioned December market.
been the case that money worked closely in December, and it
is the rule rather than the exception that all parties are inclined to hold off from new engagements or Venturas of any
sort just at the close of the year.
There are a number of strong parties in different groups of
stocks who have large projects on hand, and it is presumable
that these capitalists and financiers are simply resting on their
oars, and waiting for the turn of the year and a better money
market, before they launch any new securities upon the
market. Mr. Villard and his associates have the Northern
Pacific and the O. T. plans to carry out; the Drexel-Morgan party have yet to consolidate the Richmond &
Ohio, and also the Ohio
Allegheny with the Ches.
Vincennes with the
Western and the Cairo
Ind.
&
—
&
" Big Four;" tlie Denver & Rio Grande, Rio Grande Western
and Colorado Midland projects are being pushed forward to
completion. Mr. Gould is, as usual, the dark horse, but he is
very active. It is understood that the St. Louis Ark. & Texas
reorganization plan has been arranged to his satisfaction. He
has just made a contract for traffic over the Denver, &c., to
Ogden he has been trying to get control of M. K. & T. on his
own terms; he has just raised the Western Union January dividend to 2 per cent, and what he will do with Missouri Pacific
next week remains to be seen. The Union Pacific and Denver
Texas agreement is another important consolidation which
remains to be perfected, whUe the St. Paul Minneapolis &
Manitoba move is equally important on the chess-board of
railroad finances. Then there is the great M. K. & T. itself,
which after years of embarrassment either is, or ought to be,
on the verge of settlement, so nearly have the different interAltogether, the atmosphere is cliarged
ests come together.
;
them backed by parties of great finanlikely to be carried out quite spedily
unless there are difficulties not now foreseen. From this summary of the financial situation it will be seen that there is
every prospect of activity in the coming year 1890, and it may
with big projects,
cial strength,
and
all of
all
be added that the iron trade is booming, while the country
has the largest crops to move that have ever been harvested.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 1 to 15 per cent,
and to-day the rates were 5@8 per cent. Prime commercial
paper is quoted at6@6J^ percent.
The Bank of England weekly statement on Thursday showed
a loss in specie of £314,000, and the percentage of reserve to
liabiUties was 39-18, against 38-06 last week; the discount rate
remains unchanged at 5 per cent. The Bank of France lost
and 1,650,000 francs m silver.
shows the changes from the previous
the
week and a comparison with the two preceding years
averages of the New York Clearing House banks
3,575,000 francs in gold
The following table
m
:
1889.
Dec. 7.
f ijfr'nc's
fr'm
Prev Week.
1888.
1887.
Pee. 8.
lee. 10.
$
60,762,700
51,586,000
00 352,943.600
LlJS'9"lnd dtec-ts: !3-:^4;22i:io6l>ec.l, 771 .900389,0^^^
8,148,100 68.350,600
75!050.700 Doc. 782,200
Specie
M,0;15.800
5.096.400!
2i,;^00
4.035,400 Dec.
Circ\ilation . . .
398,588,200 Dcc.1,973,200 403.366.300 351.705.600
Net deposits . .
23,574,000
25,299,500 Dec. 899,800 29,947,000
Legal tenders..
Capital
61.062.700
5().6.')O.100|
Legal reserve..
Reserve held.
Burplns reserve
.
I
85%
7ft'«'
TO'i"
M<4<j
/
To-day the ratee on actual buainew were &<
Bankers' 60 days' sterling, 4 80>^; demand,
VUi,
Commercial biUa were 4
Cables 4 86ta4 8fll<.
Continental bills were Francs, 5 'iX^i^i 881^ and
@5 %0%: reichmarks, »4Ji®»4% and Vi]ii9b^; guild.rs,
(340 and 40!^(a40J:i.
Unltetl States Bonds. Government l>onds have be<«n nioro
active at tlie Stock Exchange tliis week than for a long time
past, and tlie prices obtaiiiwl have generally been above the
previous quotations. The Treasury imr<-lia«e8 continue on •
pretty large scale, and amount t<j 4''.8T7,9S0 for the week,
$1,686,000 of this being turned in by depository banks on aci
:
.
99,647.050 Dec. 493,300 100,891,570
100.350,200 Dec. 1,682,000 108.095,400
703.15( Dec. 1,188.700
7,203,825;
87,9-26,400
94.133,600
6.'J07^200
sterling
Exchnnire.—There has been very little demand for
dull
exchange during the past week and the market has been
rates are
most of the time. Tlie tone is firm, however and
for long
well held— m fact somewhat higher than a week ago
rates for discounts
sterling, which was affected by the lower
adv.-inced ^c. by
at London. The posted rate for l?°g;^:as
851^.
some drawers, the figures to-day being 4 81(84 Sli^and 4
.
—
count of deposits.
The statement for this week
Is
as follows:
4nrCta(t«Ml«07.
*.% Pur Cmtt dtM ISn.
Oferinf. Pure»'«». PriMf iMid.
WALL STREET, FRIDAY,
&
I
Bromeu (retobmarki). .
4
81<t
79%
:
Albany <fe Susquehanna
Boston Bevore Beach & Lyuu
Miami
Manhattan JClevntcd
New York A: Harlem
4 70 »4
,6 88Js«"
AniHtcnlam (Kiiildem)
itieluttvt
44
4 7»>a34
I'uris (francu)
Bnoks Cloted
{DtyH
DtmmuL
Airly Ouy*.
13.
l>anl(rrs'Hto-llng l>lll<ODLondon.. 4 SI
Uondar
71,000
il.SBO
TaeadBT..-.
Wedn'sday.
Ttaarsday...
Friday
Total.
.
..
I04K-104H
loe.Too
lOIH
71.000
104H
176,000
106.700
SatnrdaT...
71.'
8418.400
847 890
647JB0
1,M8.S00 l,8a»J0O
fM
1*7
I«7
1*7
608,000
508.800
U7
su.aoo
138,700
10»«
104M
1,8*7300 104M-104M
1.887,S0O
1498,400
H8.aoo
60 104>t-lO4»<
9I8.4S0
14,900
048,460
ii.eoo
Prtcf
Oitrtntt.
188,700
187
ItT
SJW.ISO s,aeojM
m
closing prices at the N. Y. Board have been as follows
The
Inlerett
Dee.
Dte.
Periodt
7.
9.
Dee.
10.
Dec
Die.
IL
Dec
13.
12*104 Hi' 104^*104>a-l04>a*i0i«s
-reg.
4>2S, 1891. ..
\^f, 1891. .. coup (J.-Mcn. *104>a *104i2 *104ia -104 "a MOl^i •Hi4>«
126 '126 ;n20 "126
., ..reg. (J.-Jan
49, 1907
.coup.'y.-Jan. 127 ,''1-27>8,M27'8 I27>9 127'4'127'fl
48,1907
rog.X „ .. 115 '115 niS -115 '115 ,Mia
& J.
6s, cur'cy.'95.
1-1
.-Moh.- 104
!
68,
68,
6s,
6»,
cur'cy,'96. ..reg.
cur'cv.'97. ..reg.
VM^'IM
& J.ni7V*117V*ll7'a*117>9*118 ,*J!8
& J. '121 \'Vn ,-121 '121 *12l'ii*12m
J
J
•123
•125
cur-iij.-gS.
cur'iy/93.
;*l-23
1*125
•123
•125
,'1'23
123'a
I'l-iaV 125>a
This is the price bid at the morning board ; no salt wa» made.
State and Railroad Bonds.— State bonds have ha«l a pretty
fair business, most of the transactions being in the very lowpriced classes. They have included Virginia 6s deferred, trust
receipts, at 8-10 North Carolina special tax. trust receipts, at
73^-9 do., Chatham RR. issue, at 6; South Carolina 69, nonfundable, at 45^-5^ do., Brown consols, at 105?^; Louisiana
consol. 4s, at 93'^; Tennessee settlement Ss, at 74-?^; Alabama,
Class B, at 111; Georgia 7s, gold, at 108.
There lias been a very fair business in railroad Iwnds and
The
the demand has been tolerably steady throughout.
inquiry has been well distributed and verj' few have
*
;
;
;
The M. K. & T. bonds
activity.
more during the week, and the Gulf
Colorado & Santa Fe Ists and 6s have improved on the satisfactory progress of the Atchison reorganization. Fort Worth
& Denver Ists have been active and rather weak.
Railroad and Miscellaneona Stocks.— There is no important
change to record in the stock market, and business during
much of the week has been dull. There continues to be a
hesitating and tmcertain element in all the dealings, and the
bears get some benefit from this by keeping the market sensitive and easily turning it downward one or two points on cerstUl a
tain stocks by moderate sales. The money question is
leading influence, and there was a temiwrary flurij to 15^ per
shown any
special
have advanced a
little
incent again on Tuesdav, whicli had the usual effect of
creasing the sensitive feeling. The weakness of a few specSugar Trust and a
ialties has also been the feature again, and
few others have served to weaken the whole list. Tlie changes
im()ortant, and the
for the week, however, are not verv
market has not been without itsdecidedly sustaining elements.
The Trust stocks that took a lea<ling part in the weakness of
both of
the market were notablv Sugar jmd Cliicago Ga3.
which have been sold down rather freely, though Uie
former rallied sharply to-d.iy. The reasons for the dereftOOTy
pression in Sugar were the starting of the Spreckels
Philadelphia; also a rumor that the dividend recently deactive,
clared might be enjoined. The other Trusts were less
but also unsettled and irregular.
for
In the regular list the coalers have been the feature
weakness, being prettv steadUy sold down on account of
occasioned bj
the continued ixwr condition of the coal trade
ami Readthe prolonged mild weather. Of these, Lackawanna
Gould stocks
ing have been most active and unsettled. Of the
leaders, the
Missouri Pacific and Western Union have been
not deformer declining when the quarterly dividend was
the directors
clared on Thursdav and it was announced that
being
would act on it a week later, and \\ cstern Union
per cent
of
strong on the dc-claration of an extra dividend
to be paid Jan- 15.
for the current quarter- making 2 per cent
unsettled
The Vanderbifts have been an exception to the
timid ab,,ut
condition of the general market, the bears being
poei^on. Lake Shore
selling them on account of their strong
1883—on rumors of
sold up to 108H— the highest price since
an increased dividend.
m
\
THE CHRONICLE.
782
STOCKS— PRICES AT
N. T.
STOCKS.
RK.
Artlvr
Atchison Top.
it
Stocks.
Santa Fe
SSTg
478
Atlantic* Pacific
Canadiiiii Vaoltlc
Monday,
Deo.
34%
33% 34%
*4%
r>
9-
5
Tuesday.
Dec
10.
Wednesday,
Deo. 11.
33% 34%
33% 35
5
•4%
5
5
72% 7278 7278 7278 73% 73%
54% 55% 55 >4 55% 55
56%
Canada Southern
121 12m! 120 121% 121% 122% 122 123
Central of New Jersey
•33% 34% *34
•33% 34% 33% 33%
35
Ceutrnl Pacitlc
26% 27% 27% 277e 26% 27%
Cbesapeake &0.— Vot.Tr.cert. 25''9 27
6478 6«M
66
Do
do iBtpref..
67
65% 6'ji4 65 >4 66
43i« 45 >«
4478 45 »8
4514 45%
45
45
do 2dpref...
Do
ChlcaKo Bnrl1n(f ton & Qulncy. IO.514 105 Hi 104% 105% 105% 105% 105>4l05%
37
33% 35
H7h 37
Cbtcago A £ast«rn Illinois...
37% 33% 35
88^8 t»0
88 14 90
pref...
Do
8714 88%
86% 86%
6958 70
68% 69% 6878 69% 69% 6978
Chicafco Milwaukee & St. Paul.
pref. •11231 II314 113
113% 113% 113% 113 113%
Do
11078 111% 110% 111% 111
111% lll'4lll%
Cbioaco & Northwestern
143 141 143
pref. •141
Do
142% 142% 141% 141%
98
9S% 97% 98
Chicago Eock Island APacitlc.
98
98% 97% 98%
l.'S
15
1514 I514
Chicaeo St. Louis & Plttsbure.
15% 15% I514 15%
*36
37 H> 36
Do
37% 37'4 37»4 37
C®'33% 34
33% 34% 33% 33% •33% 377s
Chloago St, Paul Mln. & Om.
34%
-98 100
OSHs •99% 99% 100
pref.
"98% 100
Do
7319 74
73
73
7414
73% 74
73%
Cleve. Clncln. Chic. & St. L...
»9
99
prof.
Do
99% 99% 99% 99% 99% 99-ti
ColnmbusHockinKVal. ifeTol. 21
20
2m 20% 21 139 20 2014 20I4
Delaware Lacltivwauna&West 139^8 1401? 138% 139%
14 140% 138% 13978
36I4 37%
36
37
Denv. Tex. Ft. W., Vot. cert.
36% 37% 35
36
74
74
54 "a .W4
"fl
is.
•9I3
East Tennessee Va. SiGa,
Do
Do
9%
10
72
1st prof.
2d pref.
*6n
21=8
21-\
A Torre Haute
Green Bay Winona & St. Paul.
97
98
Evansville
*2ia
II712
*17%
64
Illinois Central
Lake Eric & Western
Do
pref
Lake Shore & Mich. Southern
107»4
90
Long Island
Loui8vHle& Nashville
Xx>uis.
New
Alb.
&
Michigan Central
Milwaukee Lake
8514
Chicago
Manhatian Elevated,
Sh.
&
<fc
102 14
07
*98
pref. *113
West..
Do
Missouri Kansas
Missouri Pacilc
38
...
consol..
10
69 72
21% 23
•97% 99
9%
•69
21%
97
10
72
22
99
9%
10
•69
72
•21% 22
98
98
-2% 3% -2% 3% •2% - 3%
118
117% 118
117% 118% 118 118
I8I4 17% ISM 17% 18%
17% I8I4
«4'<,
64
64% *63% 64% 63% 63%
107'2 107 107% 107% 10773 107% 108%
90
•89% 91
90
91
90
91
85% 85I4 86
85% 86% 85% 85%
42
37 42
•38
39% 39%
42
10.j
•102 103% 104 104
102 104
aw.
98%
981^
114
9%
•9I4
Texas
97% 98
99
99
97% 97%
99
114% 115% 116
9%
9%
9
99
116
*70
37
•70
71
39
38
72
38%
•70
72
38% 38%
*4%
33%
Do
•60
321a
pref
Do
pref
W)h
32'h
76% 76%
22% 22%
54% i>5
35% 351?
.
Ohio & Mlssis.sippi
Oregon Sh. L. & Utah North.
Oregon & Trans-Continental.
Peoria Decatur & Evansville.
20
20 14
Phila.& Read. Vot. Trust. Cert.
40=8
41
Eichmond&WeatP't Tormina.
22
81
5978
59'8
32
32%
76%
757^
•22
23
55
54%
34% 35%
•5914
45 14
45
105%
34
83% 86%
69% 69%
113 113%
110% 111%
142
141
97
9778
15% 15%
38
•33
•98
99%
72% 73%
97
71%
99%
20% 19%
136% 138% 136%
34% 35% 34%
100
100
20
9%
;9% 10
•89
•69
72
•97
•2%
•21
22
97
98
-2%
3
'117% 118
pref.
•70%
•38
60
60
32% 32%
77
76
22%
•21
51% 54% 54%
34% 35% 34%
34%
.
x41i4
38^4
Colorado Coal & Iron
Consolidated Gas Co
Delaware >t Hud.son Canal...
89
147%
Oregon Improvement Co
Do
&
Oregon E'y
45
pref.
90
Navigation Co.
47%
48
4til4
46I4
100
Pacific Mail
Pullman Paliice Car
'92
95
•92% 95
95
100% 100% 100% 101 101
35% 35% 34% 35
35% 36
Co
18J
84
Western Union Telegraph
Express Stocks.
Adams
85
Co
*137
Inactive Stocks.
& Alton
Cincinnati Wash.
84%
153
xll4 118
150
American
tJnltod States
Wells. Fariro &
189
Chicago
186
83% 85
186
150
114
86%
140
153
110
189
8478 86
187
114
114
137
140
-138
141
137%
35%
9%
97
&
& Texas
9%
5%
5%
36% 3578
31% 32 >4 '31%
'.
Cameron Iron
<fe
Tennessee Coal
36
Coal
Iron
714
At
j
Trust MioekK, Ac.
76
(UnlisI ed.)
Buffar Rpflnories (;o.
67%
National I .ead Trust
19%
American ( olton Oil Trust ..' 32 14
DlstUlcrs' cfc CattJc E. Trust..! '39
Pipe Line Certilicatcs 4
103 >4
I
I
*
7I4
6
36>4
321.J
7678
7
76
70
67%
33 14
151
114 116
85% 86
137 141
5%
6% •6
8
34
35% 33
31% 31% '30% 32
34
6% 7%
77% 78%
40%
105%
These are the prices bid and a?ke4.
;
19 14
7%
•6
40
1027g
77% 77%'
6178 6714' 59%
19% 20%, 10%
31% 32% 31
40
40% 411% 40%
104% IO314 101% 102%
6914
20
no sale m:tde at the Board,
t
'...
81 '9
97
1,525
Nov. 16
Feb. 14
Oct,
1
Jan. 16
36%
28 Nov. 25
69% Aug. 9
46% Nov. 25
111% Jan. 15
49% Aug. 12
107% Aug. 13
56%
Mar.
Mar.
Feb.
Feb.
Mar.
Deo.
Dec.
75% Juno 6
Mar.
118
Feb.
89%
Mar.
Mar.
144%
104%
14
33
Jan.
Jan.
19%
42%
37
346
300
1,035
B"cb.
Feb.
6
6
May 23
78%
Oct. 15
103% Aug. 12
28% Feb. 7
51% Jan.
lOU
30
Sept. 12
Sept. 9
101% Sept 9
58% July
July
11 July
134% Apr.
15 Jan.
8% Jan.
63 Jan.
20 Apr.
86 Jan.
2% Aug.
lOG Feb.
16 Jan.
1,000
Sept.
11478 Sept. 12
500 30% Mar.
330 89 Feb.
9,675
1,918
1,930
141,134
17,277
10
Jan. t
Jan. 14
131
102% Mar.
350 135
13,015
1,260
8%
74
96
151
Sept,
6
40% Nov. 21
11% Sept. 13
76% Oct. 15
25% June 14
98
Nov. 25
7% Feb. 8
20% Avar. 9
118% Nov 20
66%
Sept. 11
108% Dec. 12
109% Mar. 4
97%
9%
67%
-13
85% 85% 17,360 56% Jan.
200 37% Jan.
37% 37%
100% 102% 1,910 90 Jan.
98
97
4,810 84% Mur.
97
20i) 51% Jan.
99% '98
99%
115 114% 116
l,26u 91% Jan.
10%
9% 9% 3,855 9 Dec.
68% 67% 6778 56,848 64% Mar.
400
I414 '12% 14%
Jan.
8
98% Dee. 7
99% Nov. 15
11779
May 28
14
78
Jan. 14
Sept. 12
15
July
1
102
'59^ 61%
32% 32%
7578 76%
21%
8
8
32
5978
32
•81
82
107
107
15% 15%
39%
39
94% 95
19% 1978
68% 68%
15
15%
30% 30%
'67% 69
32% 33
39%
21%
82
110
15
37% 38
•92%
111
•19% 20
67% 68%
15
15%
30% 30%
•67% 68%
32% 32%
41% 39
39% 37%
88% '88
143% 145
152
154
116 -113
85% 85%l 85
140 142 *138
150
113
6%
33
30%
•0
7678
6%
7
33 14
33%
40%
38%
89%
145%
45
95
100
34%
189
8578
152
116
85
143
^
6I4
33%
•30% 32
32
7%
514
75
78
25
5%
77
41
Aug.
July
Nov.
50
Dec.
July
Jan.
Jan.
Nov.
Jan. 15
27% Feb. 13
81% June 7
107
30
Dec. 12
June 12
6678 Jan. 2
114% Jan. 12
40% Jan. 14
95% Jan. 18
Dec,
Dec,
July
121%
Apr.
23
Oct.
3
Jan. 14
Jan.
59% Jan.
21% July
7378 Sept. 12
33% Dec. 10
67.015
34
Jan.
62
23,8tTO
21
Apr.
3973 Dec. 10
24
651 80% Jan.
1,600 130 Mar.
2,370
41% Nov.
75
457 85
5,340
31%
947 171
60,915
81%
94
156
Oct.
8;
40
5 109
2'l53
Jan. 10 120%
4 95%
Jan. 19 146
73% Jan.
151134
Mar. 26 140
2%
Apr. 3
4%
Apr. 3
Sept. 26 104%
Jan. 8 20
Oct.
8 11
18% July 18 30
19% Nov. 16 22%
3% Oct. 25 7
7% Oct. 4 14%
5 June 2 i 13%
16% Deo. 7 30
12 Jan. 24 18%
373 Juno 28 10%
130 125
100
%
1
100
1,000 100
100 11%
7
400
700
1,310
1,397
385
5,475
2,525
4,400
21%
500 21
4
400
13,650 31
Apr.
Jan.
9|
2'<|
Nov. 19
Jan. 231
Deo.
Dec.
Deo.
Feb.
20
7
3'
38%
Oct.
lOl'i^.iSr.ooo
80
Apr. 23
23
4
Juno 6
Feb.
Jul e
6
June 18
Jan. 23
Oct.
Oct.
28
22
Dec. 11
Mar. 4
Nov. 1
Nov. 1
Nov, 21
Mar.
7
5
Sept.
6
Fob.
Jan. 14
Dec. 10
Jan. 11
37%Oet. 14
35% Sept. 9
34% Apr. 22
85% Nov. 27
2 126
2, 35
27
Prloes from toUi Exchanges.
Sept.
19205% Feb. 11
2: 88% June 6
120 144% Jan.
512|
Nov. 15
6
Sept.
72% Jan. 16
10107% Jan. 30
Apr.
Apr. 23 105
Mar.
Deo.
June 7
23j
23,962
1.100
32
41
3
24% Sept. 11
58% Nov. 25
164% May 17
28% Feb. 13
71% Nov. 18
18% Sept. 12
34% Sept. 9
1
I
7878 Sept.
17% Mar.
56% July
12% Jan.
53% 59% 217,670 55
18% 187b[ 43,295 7
31
Jan.
78% Nov.
92
12
Sept 23
22% Nov. 18
61% Nov. 16
36% Sept. 5
19% Mar.
550 76
425 93
705 14
2,250 37
580 85
100 24%
1,666
8,440
2,010
28,594
1,010
4,465
3,210
9,850
37
58% Mar.
1,025 49
5,793 28%
1,150 19
40% 103,750 38
2178 14,204 19%
111% 111
111
62% 50% 61
19% 18% 19%
34% 30% 35
40% •40% 41%
sale.
200
20
•81
'106
15
104% 103 % 104%' 103%
Cash
2,104
33,250
34% 34%
-19
Apr.
30% Mar.
14% July
320 47% Mar.
'53% 55
34% 34%
19% I914
39% 40%
21% 22%
9% Fob
1,200
21%
76%
21% 21%
22
7%
480
32
"19
5978
3178
7578
48
4578
43
45
•90
•90
95
95
'100 101
100 100
100
35 14 35
35
35% 34%
187 189
18878 18878 189
8514 86
85% 86% 85%
31% 39
20I4
7
77%
250 33
11,035
58
Oct.
Oct.
8578
.
AiH.
4
47% Mar.
50% Jan.
92% Mar.
42
85%
37
1
Southern Pacific C^>
Tol. Ann Arbor &N.M
26%
Highest,
102% 103
2%
4
pref..
Lowest.
96% Mar. 4
87% Nov. 16
49% Mar. 8
135
Bait
do
1889.
14,350 15%
5.547 56%
8.317 29%
9,833 8978
4,290 30
5,260 77
64,795 0078
3%
135% 134 134
132 135
134% 134% 132 135
132 135
2% •2% 2% •2% 2% •2% 2%
2% 2% '2% 2%
*4'4
•4% 4% -4% 4%
4% •4
4%
4%
4%
4%
Commercla Cable C<i
103% 103% 103% 103% 104 104% 104% 104% 103% 103% 103% 103 >4
Denver & Uio Grande West'n 19% 19% 19
19% 18% 19'4 •18% I914 '18% 19% -18
•8
Iowa Central
•8
•8
8 10 8% 10 8% 19
10
10
10
10
Do
pref
'25
•25
25 28 •25 28 •25 28 •25 28%
28
28
Laclede (las, St. Louis
20% 20% 20% 20% •20% 21% •19% 20% -19% 21
Minneapolis & St. Louis.
5 '4
•5
514
579
•5% 61.)
5% 6
6
6
6
6
I><*
pref..
10
10% 11
11'4
^.
12%
11% 12
12% 12% •11% 12% •11
UJio Indiana & Western
7I4
714
7 14
714
7 '4
714
6% 0%
6% 6% •0% 8
Do
•18
pref.
•20
16% 16% '18
_
24
25
20
25
20
20
18
Ohio southern
14
14
1778
17
15
18% 18'4 18% 1773 18
Bt. Louii
Do
39,155
72
63% 63%
•45
•90
150% 151% 150
84% 86% •84% 86
19'-.
64%
4414
40% 42% 40%
42% 44
39 14 39
3314 39%
38%
397e
88% 88% 8878 887f 89
89
88%
146 147% 146% 147% 145% 147
144%
47
1,
31,913 99% Mar.
108% 107% 108
*89^ 90%
'89% 91
440 90 Nov.
35
14714
72%
99%
•6314
41%
42
39
00
39
33
99
•17%
55
2014
.
iniNrellaneouN Stocks.
Chicago Gas Tnist
Range Since Jan.
100 8178 Jan.
105 '102 105
104% Dec. 9
107% 107% 107% 107% 2,677 104% July
110% Feb. 2
400 15% July
17% 17% •16% 17%
19% Feb. 4
*70
•70
72
77 Feb. 4
72
71%
66% Sept.
44% Feb. 2
400 34% July
39
38% 38% •37% 39
28
27% 27% 27% 27% 5,500 25% July 22' 3979 Sept. 11
•60%
67
67
67
1,150 61 Jan. 4| 71% Apr. 26
53% June 25
45
43% 44% 43% 44% 73,755 41% Apr.
2278 Nov. 26
19% 19% 19% 19% 19% 7,635 14% Jan.
.'.
.
1889*
10778
9%
22 14 21% 22
2178 22% 22
22%
81
81% 81% 82>4 82 14 '81% 82%
Watertown & Oedensb'g 103% 104
Borne
105
105
106% 106% 106 110
St. Louis <jc San Francisco
16
16
15% 15% 1578 1578 15% 15%
Do
pref.
40% 40% 38% 40
39 14
39% 40
39
Do
1st pref.
90
90
92
02
94
94% 91% 94
8t. Paul & Duluth
32
32
pref
Do
80
80
84 14 84%
80% 83
84
84
St. Paul Mlnnap. & Manitoba. 106% 108% 109% 111
110% 111%
110% 111
Texas <K Pacitlc
lO's 20
19% 197« 20
20
19% 19%
Union Pacihu
68=8 69
67% 68I0 6778 68% 68% 68%
Wabash St Louis & Paolflc.
15% 16
15% 15% 15% 15% •15
16%
3II4
Do
pref.
31
30% 31
30% 3114 30% 3078
Wheeling <fe Lake Erie. pret.
67=8 69
6879 6978
68% 69 14 68 >4 6878
Wlsconsl n Central Co
32% 33>4 32% 33% 33
33% 32% 33
Do
34
•117% 118
18% 17
17%
9%
•19% 20
•19% 20
39% 40% 40
40% 39% 40%
2OI4
12178
'21% 22
•21% 22
115
60 14
500
1,600
9,177
5,870
3878
•32
38
34
11578
32% 32%
76
76%
478
26%
65%
44% 44%
104% 105%
30% 33
77
81%
68% 69%
112% 113%
110% 111
140% 140%
96% 97%
15% 15%
Kew York Lake Erie & West'n 28 28
27% 277h 2778 28
27%
67 14 67 14 67
pret.
Do
67
66% 67
66%
44I2 45%
New York & New England
44% 45% 4178 46 14 44 »4
20% 20^4 19% 20% 19% 1978 19%
New York Ontario & West
8I4
Hew YorkSusquehan. & West. 8
HM 8
"
778
84 •8
7% 7%
pref. 32
33 •« •31% 33
•32
Do
33
32% 32 14 32
32%
19 21 •19% 21% •19% 21% 19% 21% •19% 21%
Norfolk & Western
Korthern Paclllo
3378
479
56%
121% 122% 121%
•33%
'33% 34
26% 2678 26%
65% 65% 65%
IO514
33«4
1,
Shares.
72% 72%
55% 56
5
7314
zux,
JAN;
Week,
Deo. 13.
33% 34%
73
55 7^
115%
.
1st pref.
2d pref.
AND SINCE
Sales
of the
•98%
9%
13,
Friday,
Thursday,
Deo. 12.
97 >4 97%
*S8 100
6814 6H%
eo's 68
67% 68% 67% 68%
1314 131* •13
Mobile ifc Ohio
14
13% 13% 13% 13%
Nashv.Chattanooga&St. Louis -103 105
104% 101% 102 105
102 105
K-jw York Central & Hudson. 107% 107 18 10678 10678 107 107
107 14 107%
17
17
'17
New York Chlo. & St. Louis.
17
17
17% •16% I714
Do
Do
DECEnBER
STOCK EXCHAN&E FOR WEEK ENDING}
HIGHEST AND LOWEST PRICES
Saturday,
Deo. 7.
rvot.
June 24
June 25
61% May 29
4778 Aug. 16
112% Nov.
8
Deobmbkr
BOXUs
-
THE CHRONICLR
14, 1889.J
LATKHr PRICES OP ACTIYK BONDS AT
Closing.
Baiiroao Bond?.
Dec. 13 Dec.
At). <b
I'ac— W.
1>. Inc., ti»,
1910
13
I412
13 Oct.
OHijOet.
108iab. lOOJaJan.
9«»2b. 93>4Jan.
75 »3
"•I's
Guar., 4b, l'J»7
Can iroulh.— l8t guar., as, iyo« 109-'i
1!»13
Central of K. J.-lst, 7b, Itsyo
(!oiisol. 7s, 189!>
Convert. 7a, 190-2
..
\\:;viyiJ-.,^-X-^
General
Am. Dock
,
««='t
102 'jb. 10'2>4 10114 An/?.
1'21 b.jl20 b.ll20
2(1, 5s,
inort., 5s, 1US7
Leh.A; W.IS., con. 7b, lyoy.as'nt
Lowest.
Jan;
Jan.
Hi^u
MortKaKC
tjs,
1930
OUmng,
1.
Railroad Bond*.
Uighril.
Mobile
112«9May
|,
100 May
106 "a Jan.
1241a JUIK!
128 '4 Apr.
Jc
Ohio— Now,
Geniirul mort., 4a, 1938
Mutual Un. Ti'l.- ». f., 6.t, 191 1
Naxh. Cb. &SI. I,.— lut, 7h, 191:;
Consol. rm, 1938 ....
N. V. Central— Extend., 3«.
—
112'h
frll.
ffol.
1
>i>r.
N. Y.C. 4[ 11. lHt,op.,7»,
hifl
Delieulure, .'is, lOO'i
llo'ia. lli)
iV IJarleiu— lat, 7h, UKXt 127
b. 121
•••h.
N. Y. Chic. & Hf. L.- lHt,4«, 1937i y3%b.MM
.Juua
12014 June N. Y. Elcvaleil-lst.7», 1006... 117%b. 117'4li. in; Jan.
l;:l
Mar
103 la Feb. iN. Y. iMc.k. i W.-Ist, Oa, 1021. 133%b. 131 b. 13J% Jan.
lSH%jBn«
MH-^ Meb.
Cona'.ructlon, 5a, 1923
lui, yrU
120 Hept, ;N. y. Ont. & W.-1bI,6b, 1914.. lll%b. 112'4b. lIO%Meh. llUifJnlir
lift
ffh.
I
N. Y.
'
1
;i
Chcs. A: Ohio.- -Mort. 03,1911.. 117 a. 117 a.'ll3i4Jan.
lOO^i
IOOI4
1st consul. 5s, 1939
94 Feb. 1041.1 Aug
111 b.lloWlii? Jill. 114 July
Chcs. O. & So. W.- OS, 1911
101 b.l 08 Jan. 10473 July
Cliie. Burl. & No.— Isi, 5s, 1920.
Chio. Burl. & Q.— Con. 7, 1903. .j 129 b. 129
128'4Nov. 134 May
'
1
losit Jna«
I
Debenture
5a,
"
1913
Denver Division, 4a, iy22
Kebraska Jixlensiou 4», 1927.
103 19 103 "sb.' 102% May
93 %b. 93 b.l aaiflFeb.
luu
Mtdlaudof N. J.— lHt,Oa, 191o'
'llS%
Aor
INorfolk & West.- Gen., Oa, 1!»31 I I8%b. 118 b. 1I7U J«n
Nortli. I'lic— 1st, coup., 08,1921 116 b. 115%
113'aNuv
General, 2d, c<iup., 1933
I113,|). 111%
1<)0%<>cl'
General, .'Id, eou]). 68, 1937... 10y;i8
loo's
97% Jan.
|No. Pac. Tor. Co.— ist, 6a, 1933. 109 b.l 100 a. 1()3% Jan.
Ohio Ind. i West.— lat, 5a, 1938 81 b.l 82
61
July
Ohio & MU.S.— Conaoi., 7s, 1808.'116%o. llU%b. 1 15 Jan
OhloSoutueni— 1st, 08, 1021 ... 108 b. lOsSja. 103 Jan.
2U. Income, 68, 1921
167 a. 44%Jan.
S9
Omaha & St. L.— 1st, 48, 1937.. 75%
78 a. 71>iiJun.
Oregon Imp. Co.— l8t, 08, 1916. 102i4b.'102% -Inti Feb.
Ore. K.&Nuv.Co.-l8t,«»,19O0 11314 iliau
110 Jan.
Consol.. 5a, 1025
101 b.ll02i4b. 102 Jan.
Oregon <fcrrani«con'l—<i8, 1022. 102%b.ll03
I01%Jnn.
Penn. Co.—4%», coupon, 1021..'110%b. 110i4b. KMt'gJan.
Peo.Dec. & Evans.- IsMis, 1020 109%a.|
101% Feb.
Evanav. Div.— Ist, 6«, 1020... 101 kb.' 100 b, 101 Doi'.
2d mort., 5a, 1027
66 Jan.
Phila. dc Kead.—Gen. 48, 1958.. 89H
89 14
SSUDeo.
Ist prof. Income 5a, 1938
78>i)b. 79
76% Nov.
2d prof. Incomo 33, 1958
98 a. 97T«
99 Doc
106% Oct
90 13 May
91>2b. Si's
91^8 Dec. 9508 Apr.
Chic. A: K. III.— 1st, s. f., Gs, iyo7 118 b. 118 b. 118 Jan. 121
Nov.
120 a.
Consol. Os, iy34
118 Jan. ,12712 Sept.
General cousol. ]3t,5s, iy37.. 97 b. 100
97 Jan. 104% Aug.
91ia
Ist, k,5», 1937 92%
Chic. G as. L. <k
83 Feb. J 01 May
Chic. & Ind. Coal K., Isl, Ds, 1930 lOO^b.l
99 Jan. 106 June
Chic. Mil. &. fet. 1'.- (Jon. 7s, 1905;i28 b. 127 b.il22i2Jaii; 130% Juno
I
South\vc»tDiv.—Ob, 1909.
1st, 8o. Mln. Div.— 6a, lyiO ..
1st, Cb.& rac.W.Div.— 58,1921
Wis. & Jluin. Div.— 59, 1921 ..
Terminal 58,1914
Chic, k N. W.— Consol. 7a, 1915.
Gold,7s,1902
Sinking fund 0», 1929
Sinking fund oa, 1929
Binking fund debeut. 5s, 1933
25-year debenture 58, 1909
Extentiou48, 1926
116
11"
,„,
107
105
b.;115ii!l).iii2
Jan.
103
,
b.
H0% Jnno
106 'a Feb.
liau Juna
I06
Mar
76% Mob.
01% Jniia
91% Jan.
82^ J an.
110
109>iF«li.
'
3d pref. income 5a, 1958
Pittob.
West.— iBt, g., 4a, 1917
All.— lat, 7b, Droxel cert
2dmorl.,03, lul6,Drexelcort.
38
I
1
1
,
I
St.
I
83%
13
8314
68
7GW Jan.
98 Jul
Nor.
63>4 Jan.
87% Mar
70% An«.
88% Deo.
Rich. Ac Danv.—Con., 6.s, 1915 .. 118%
ll8%a. Ill
119^ Mar
Cousol. gold, 3a, 1936
87 b. 87 b. 80
01% Mar
Rich.* W.P.Ter.—Trust 68, 1897, 100
09 b.l 96
103 Mar
Itooh.&Pittsb.— Con. 6.a, 1922.. 1118 0.-— a. 113
118
„^.».,
110% joir
Rome Wat.&0gd.—l8t, 78,1801 I03%b.il01 b. lo«%Juno 100%May
Consol.,oxt«nded, 5a, 1022... 109%b.il08''8b. 108 Oct. 112 Mar
St. Jos.
Kich.
.
16%b. 18
69
&
&
b.
37%
&Gr. Isl.— lat, 6s,1925. 103ieb.'
L.Alt. &T.Il.-lst, 7a, 1894 111 b. Ill
26
Jui.
Joo.
Jan.
Feb.
Jan.
102
'
Nov. 109% Apr.
July 115 Jnoa
Ill
b.
2d, mort., pref, 78, 1894
110 b. Ill b. 103% Feb.
2d, mort., income, 78, 1894... 104 b. lO."* b. 104% Jan.
St. L. Ark. &Tex.-lgt,6a, 19361 88%
87% 177 July
112%JnDa
108
1
I
20
dilronMt.— Ist, 78,
2d mort., 7a. 1807
Calro&Fultou—l8t, 7a,
Cairo Ark. A: Tex.- lst,78,1897
St. L.
May
23
b.
I
I
'
107
90
.
i
,
I
„
I
'
I
I
'
|
i
I
t
'
I
[
'
'
'
'
1
'
'
I
;
'
KOTK. -The letter "b" indicates price
bid,
and "a" price asked
;
all
Not.
Mar
Apr.
Juoa
120
10i%JuiM
1
1
Mch.
110% Jnna
I
1
Oeo.
100
100
91
10
I
'
Aag.
Ang.
Febi.
118% Sept.
110% Dec
1
1
92% Mar
48% Dec
101
61
10
110
I
I
.
Mar
'112% Dec
I
I
Apr.
121% Jnna
103% Juna
101% Nor.
'
j
Juua
12-2
1
C—
Apr.
Feb.
AOC.
aJW.
Apr.
121
121
121
121
108
I
1
Apr.
09 Feb.
38 Feb.
1892.'l00i4b' 106%b. 105% Aug. 110 Jan.
lOO^feb' 106 b. 105
Jan. 110 Juir
'
"'
1891.101
10314b. IOII4JUIV 109% Jnna
28%
2d,08,1030
105%a. 102 Deo.
Gen. U'y & land gr., 5a, 1931
84
87
81 Jan.
St. L. & San Fr.— 6s, CI. A, 1006 112
b. 1U%
111 Dec.
68, Class B, 1906
112%b. lll%b. Ill Dec.
68, Class C, 1906
112% Ilimtb. 112i4Dec.
General mort., 6a, 1931
'117 a. '112
112 Den.
General mort., 58, 1931
102
100% Dec.
S.P.M.AiM.— Dak.Ext.,6s,1010 116%b. 116% 115% Nov.
Ist consol., p.a, 1933
116%b. 117 b. 113% Jan.
Do
re(lue4!dto4%s...ll00% 100 b. 98% Jan.
Collateral tru>t, 5i, 1898
101 b, tOliva. 06 14 Feb.
Montana Kxl. L.-,i, 4s, 1937 ...I 33
35%
83% Jan.
Shcn. Val.— 1st, 7s, lOoy, Tr. reo. 1 1
112%
87% Apr.
General 6s, 1921, Trust rec
IS
45%
31 Jan.
South Carolina- 1.-,!, 68, 1920
.- ..
04 b.' 01 b. 90 Jan.
2d, 68, 1931
S338b.
17 Jan.
Incomo, Oa, 1031
7 b
5 Sept.
So. Pac, Aiiz.— l8t,0s, 1909-10. 1 10
108 b. 104% July
So. Pac., Cal.— lat, 6s, 1905-12.. Ii4 b. 113%
113 Dec.
lo5i4July
So. Pac., N. M.— lat, 63, 191 1 .. .1 1 10 b. 110%
Tenn. C. 1. & Kv.—Ten. D., lat, 63 97
07 ^a. 89 Jan.
Birm. Div., lat, 6a, 1917
100 b
89 Jan.
Tex. & Pac.— 1st, gold, 6a, 2000 89''8
80'8
85% Mch.
Louisv.&Nashv.- Con.,7B,1898 118% 117% II6I2 Oct. 121% McU
134 Mch.
2d, gold, income, 58, 2000
30%b.' 37
ill3 b.'ll5 a. 1131a Dec. lldkMay Tol. A. A. &N. M.— 1st, 63, 1024 103 b. 104
E. U. & N.— l.st, 6s, 1919
00 Mch.
'112
General, 6s, 1930
112 Jan. II8I4 May Tol.A. A.& Or. Tr.— lat, Os, 1921 Ill's lll%b. 103 Jan.
Trust Bonds, OS, 1922
110 a.lllo
103
101 Jan.
1091a Jan. 113% May Tol. & Ohio Ccut.—lst, 5a, 1935 104%
10-40,68,1924
71 Apr.
101 la Jan. 106 Apr. Tol.Pio.Ai West.— Ist, 4a, 1917.. 78 b.' 78
50-year OS, 1937
IIO6 a.l
93% Jan.
98 Jan. 107 Sept. Tol.St.L. AKan.C— l8t,6s,1016 100%a. 100%
I105 a.l
Collat. trust 58, 1931
117%b. 118%b. 115 Jan.
96 14 Jan 105% Oct. Union Pacillc— lat, 6.a, 1899
lonis. N. A. &Ch.— Ist, 68, 1910:118 b.'l20
Sinking fund, 83, 1893
113 b. 115 b. 114 Sept.
112>4 Jan. 122 June
Consol., gold, 6a, 1916
1102% 1021a
Kau-sas PaclUc— 1st, Os, 1895 1 10%b. 10%b. 110% Aug.
93 Jan. 106 Sept.
108%Dec.
Louis. Bontli., 1st g.Gs.. 1917 101
lst,08, 1890
]Oa%b. 109
101
95 Aug. 1102 Nov.
96I2 Aug. 101
Loul8.8t.L.& Tex., lift g.63. 1 917 lOCsa, 100%
Denver Dlv.-^js, 1890
113 b. 113
112% May
Dec.
112 Jan.
11414b. Ill
Mem. ik Char.—6s, gold, 1924...'100ia 10* b. 1021a Jan. 10938 June
lat consol., 6s, 1919
Feb.
Metro. Elevated— 1st, 6s, 1908.-1115 I), 11514b. Ill's Jan. 120 June
Orcg. ShortLluo—l8t,08, 1922 113% 1113% llll
83 b.' 78% Jan.
2d, 6s. 1899
.;i05i4b.l05 Nov. 111% May Virginia Mid.— Gen. m, S.'*, 1930 83
37 Apr.
Mich. Cent.— Ist, con., 78, 1902.|126i2a. 125i2b. 12612 Nov. 133% Moh. Wab. Bt.L. ifeP.— Gen.,08,Tr.rc«.'
1910,Tr.re«.
88% Jau.
Consol., OS, 1902
no Nov. 114 May ChlcagoDiv.— 5s,1909,
Mil. Lake 8h. & \V.— Ist, Oa, 192l|124
Wabash— M., 78,
'lY. reo.'
86 Jan.
|l23ia
118% Jan. 128 Sept.
ToL&W.— l8t,ext.,7a,Tr.reo.'
89% Jan.
Conv. debenture, 58, 1907
102 i^b. 9212 Jan. 105 Oct.
93% Feb.
l8t,St.L.Div.,7s,1889.Tr.reo.
Milw. & North.— M. L.,Oe, 1910.1109
106 12 Jan. Ill Apr.
87 Jan.
2d,extcnd., 78, 189:1, Tr.reo.
Ist, Con., OS, 1913
105 14 Jan. 109% Mch.
.jl07
106
85 Feb.
Con., conv., 78, 1907, Tr.reo.'
Minn. & St. Ixuiis— 1st, 78, 19271105
101 b. 90 Jan. 105 Dec.
89 Jan.
Mo. Kan. & Tex.— Con., Os, 1920 73 14
Gt. West.- lat,7a, 1888,Tr.reo.
73% Dec.
53 Apr.
721a
80 Moh.
2d, 7a, 1893, Tnistrecoipto.l
Consol., ,'58, 1920
62 13
61 Deo.
64
5012 Apr.
106 b. 106% 102% Jan.
Consol., 78, 1904-5-6
108»2 108
8712 Mch. 1(J9 Dec. West Shore—Guar., 4a
94% Nov.
Mo. Pacillc— l8t, con., 6s, 1920. 109 b. 109
107 Nov. 115% Apr. West. N. Y'. & l'a.-l8t, 5, 1937. 05 b
29'8
20 Nov.
2d mort., 3g., 5ao., 1927
29%
3d, 78, 1906
llSia 113
112 Nov. 121% Apr.
103% 198'sJaii.
Pac. of Mo.— 1st, ext., 48, 10381 9814b. 93%
97% Jan. 102% June West. Un. Tel.— Col. tr., 5s, 1938 101
102 .\i>r.
2d mort., 7a, 1S91
103 Oct. lo.i% Apr. Wheel. * Lake K.— lat. .la. 1926
|
Oct.
107% Apr.
lll%eept.
1
1
'
121
June
11314 Hept
OO'h Ort.
I
b.
a.
120'aMa)r
117 Auk.
1 1 1
Nor.
112 Jan*
H.^% Kor.
I
H7i2.Sent,
121
8ii|.t.
110 .Ian.
103 Jan. 109% June
99 Jan. 10812 June
100 Jan. 108 June
143 b. 143%a. 142 Nov. 149 Aug.
125% 125%b. 125% Dec. 133 May
US'sb.ll? a. 115 Nov. 123 Apr.
108 b.'l08 b. 107 Nov. 112 Juno
HO b. 109
109 Jan. 116 Sept.
105%b.l05
104 la Nov. 109 Apr.
90 b. 95
97 la Nov. 110414 Feb.
Chic. I'co. i St. L.— Old. 58, 1928 93 a. 93
!)H% Mav
921a Oct.
Chic. K. I. & I'ac.— 6s,ooup.,iy 17 135 b, 134
ISmMch. I38I3 Julie
107
IO6I3 10458 Jan. 1IO8I2 June
Extension A: col. 5s, 1934
Chic. Bt. P. M « O. -Con.6s,1930 120 b. 120
119 la Jan. il2ji3May
96
Ch.bt.I..& Pitt.— lat,cou.5s,1932
92 Aug. 100 Fob.
94
Cleve. &Cauton— Ist, 58, 1917. 97
99 June
921a Jan.
C. C. C. & I.— Consol. 78, 1914.. 134
130 Jan. 1136% Nov.
123
122
General Ob, 1934
112 Jan. ,125 Sept.
Col. Coal A li-on— Ist 68, 1900.. 103 b. 102
9353 Apr. 105 Jan.
77
Col. n.Val. &T0I.—Con. 53, 1931 77'3
60% July 87% Feb
75%b. 76
General gold, 6a, 1904
30 July
87 Feb.
Denver & Hio Gr.— 1st, 78, 1900;118 b. 118
118 14 Nov. 123 Sept.
78ia
1st consol. 43, 1930
77»sb. 75 Jan.
82% May
Denv. it K. G. W.— Ist, Os, 1911.1
841a Jan. 102 Mch.
98i2b. 97 b. 73% Jan. 100 Nov.
Assented
91i«b. 81
Den v. B. Pk. & Pac— l8t,78, 19051
Jan.
91% May
Det. B. C. <Si Alp.— lst.g.,6s, 19131105 a. 10412b. 103 Jan. 108% Feb.
Det. Mac. & M.— Ld.g1-.3i2s, 191ll 32i2b. 32 b. 311a Nov.
40 Feb.
Dul. & Iron K.ingc— Ist, 5s, 1937,101 a. 101
9673 Jan. 104 Feb.
E. Tenn. V. & li.— Con., Ss, 1930:10313 102
102 Jan. 108% May
Eliz. Lex. &BigBan.—6s, 1902.104 b. 1041a
99 Jan. lo7% Aug.
Erie— 1st, conaoi. gold, 7s, 1920: 137
137 Mch. jl42 July
lOSSgb.lOSia 108i4Dec. ilI4 May
Long Dock, 7s, 1893
Consol. 6s, 1935
118 Apr. 123 Feb.
N Y.L.E.&W.— 2dcon.68,1969;i01%b.'l02i2 98 Jan. 107% May
Ist, 6b, 1921 105 14
Ft. W. & Deny.
105%
90 Jan. :i09 Nov.
Gal H.&6anAut.—W.Div.l8t,58 93 b.
9218 May
9518 Mch.
GrB.W.&St.P.- 2dinc. S.*, 1911! 14 a.
13 July
23 Feb.
Gulf Col. & Ban. Fe— Ist, 7s,1909, 115
100i4Aug. 116 Fob.
1141a
75
73 12
Gold, 6s, 1923
62 Oct.
87% Jan.
Han. ii St. Jo.s.— C0U8. 6b, 1911. llSiub, 117%a. 117 Nov. 124 Feb.
!l03i2b. lOOia Apr. 109% Jan.
Int. & Gt. No.— Ist, 6b, gold, 1919
69
Coupon, 6b, 1909
62 May
74% Jan.
Gold4, 1987.. 83 b.j 86
KentuckyCent.—
90 June
711a Jan.
KnoxT. &0.— Ist, 63, gold, 1923111012a. 110 b. 101 Jan. 112% Sept
L. Eric & West.— Ist, g., 58, 19371
113 a. 107 Jan. 116 Sept,
LakeShore.-Cou.cp.,l8t,7s,1900'l27 b. 127 b. 123 14 Jan. 130 May
Il24i2b.l
Consol. coup., 2d, 7a, 1903
124 Jan. 130i4May
Long Island— Ist, con., as, 193l!ll9%b.l
II414 Jan. 117% Sept.
General mort., 4s, 1938
08
97 b. 9213 Jan. 102i4May
{>•
IIU%H«nl.
121% Anr.
,
C—
lilt,
IMP
Bighstl.
'117
en. 1027.
I,
M^ttffs Mtitet i/sn. I«
6
Dte. 13' Dee.
2238 Feb.
83 Feb.
113% Juno
ll-l'lb. 11412 Dec. I2012 May
|io8
Jan. 113
Mav
Imp., 5a, Ulvil ... 110 b.
Central I'acitlc— Gold 08, 1898.. lla<S8b.|UUiab.|ll3i4Feb.
101 b.lOl b.loi Dec.
irrant tis, 1890
Land
A:
STOCK BXCHAMSB. ANB EANflg MNOB iAW.
N. T.
Jiange Sinet Jan.
783
I
82%JaM
Mar
109
121%Julr
120% Jan.
ll2%Julr
1 12% Mar
ll'<%Oc£
117 Apr
ii5%jiiir
00
Apr.
Nov.
AU«.
101%Bapt.
.52
101
103%
103%
Sept.
101
Oct.
101
Auc.
Aui;.
103% Jnlr
103% Nov.
109^ Juna
Apr.
Feb.
101
11
106
110
June
Aug.
other prices and the range are from actual sales.
STATK UUNUK.
SECURITIES.
Alabama— Cl*s8 A,4
to 5
Bid.
lyOC 105%
CaaasB, 5s
Claaa C, 4a
190(j
190t.
68, 10-20
79.
Ta.
Meniphla & Little KoiJt
Arkansas Central KR
Georgia— 7a,
v'old
—7a, oona
Ixiuishuia
188..
]80i
lol%
18
17
17
10
102%
1914 105
Stamped 4a
Mini. '•"•"_-
109
13
9
9
5
»3!>9
-son
lOfil.
Bid.
due 1889 or 189< 103
Asylum or University, duo 1892 105
1894-1890
Funding
1892 ido
New York—6s, loan
189:. 109
Oa. loan
35
J. & J.
North Carolina— 69, old
190L
10
iinding act
New bonds, J. & J .1892-189^ 20
6%
Chatham RK.
8
Special tax, ClaM 1....
1911
97
Consolidated Is
Rhode Island—6«,
04%
Brown
consolidated,
Tennessee—68, old
Compromlae,
New
1 '21
a
8%
9
97%
127
SI
,109««
(>«.
189-
3-4-5-«Js
—6».
r.'i
settlement
191
5«
3»
. . .
ion
ooa..!.'*'.'
South Carolina—6», non-fur
1'
IS*
Bid.
BECURITIES.
Aak.
Mi.^soiiri— 6b
loot 1021,
Arkanaaa—fis. funded. .1899 1900
78, Little Rock AFort Smith las.
SECURITIES.
Aak.
101.
4%
Virginia—Oa. old
63, consolidated iHiuda
6>, conaoiidated, 2d Mrtea.,
,
I
»Ja. f1eforr».fl. tnt-**
r^epfut*.
f>V 10
781
IHE CHRONICLE.
[Vol. XUX.
BONDS-STOCK EXCHANGE QUOTATIONS OX FRIUAY OF THE LESS ACTIVE
BAILBOAD BOMDS.
BECURiriES.
Ask.
Bid.
SECURITIES.
Railroad Bonds.
(Slock Hxrhanfie Prices.
Atlantic & Danv.— Ist c, Gs..l917
Atl. & Pac— lidW. 0.,»ni. (!h,
Bait. & Ohio— l8t, Os, Park 11.
5". Kold
Cons, mort, Kold, 5g
Beech Creek— 1st, (fold,
Bost. H. Tim.
48.
. .
& W.— Deb.
9S>ji
1907
1919 II9I9
1025, 108
1988 "87'
.19361
Bid
EMt Tenn.— l8t ext.. gold. 5a.l937
*.q. A Imp., g., 5«
1938
Mobile A Birin.— l8t, g., 5s.. 1937
101
Alabama Central— Ist
•Bne— lat, extended, 78
90
68.. .1918
1897
.
.
—
uousatonic—Cons, gold
1892'
Hous. A Tex.C.-lst, m.
unar.
58
1939
M eat. g.,
PaciHc—Bon ds, 6s .... 1 899
68, gold, series
1908
^es. O. & 80. Wo8t.-2d, 68.. 1911
Chicago & Alton— Ist, 78
1893
Sinking fund, 6s
1903
L0UI8. & Mo. River— 1st, 7s.l900
-sd, 78
1900
Springf.
A
(360), 78
Gold, 58, coupon
Memp Div., Ist g. 4s
A C.-2d Div., 78
Mjss^R. Bridge-l8t, a. f., 63.1912
Chic. Burl. A Nor.-Deb. 6s...l896
Chic. Burling. A Q.—5s, 8. f..l901
lojT'i D"'— Sink, fund, 5s. .1919
Sinking fund, 48
1919
Jrlain,
Dub.
S.
C!ed. Falls
$ g,
R D
1902
Ist, La Ci-osse Division,
78.1893
1st, I. AM., 78
1SQ7
l8t,L& D.,78
i899
Ist, CAM., 78
;;
1903
1st, I. AD. Extension, 7s...
1908
ist, Southwest Dlv., 68...
.1909
Ist, LaC. ADav., 53....
1919
lst,H. A D.,78..
1910
l8t,H. A D.;58..
I9I0
Chicago A Pacific Div., es! 11910
Chic. A Mo. Riv. Div., 58. ..1926
Mineral Point Div. 58
1910
C. AL. Sup. Div., 58
1921
Fargo A South., 6s, Asau 1924
T
j-'V''*^-'
J
Ind.
T
1071^' ";:.";
68 ..1921
192I
65
1932 100
111
115
100
Ist, 68,g
991s
!
115
78^6
S'w-i'r.^?;'^*;'T"^'"'«-t-58-1914
E.W.AO.— No. AM.lstg.gu.58. 1916
AGr. Is.- 2dinc
St. Jos.
Kan.
1925
1923
S?Firv*.*i,*''--l8t. 68
Chi St.L. APad.— l3t,gd.g.5s 1917
L0UI8 80.— Ist, gd. g 43.1931
54
*"'" '"" Trust receipts
ex. cp.l906
St.
5- * Spr.- 1st 78,
Dec. A West.— M.
do
30
105
101
81
2d income, 53.1931
A Shawt.— l8t g. 48. .1932
St. Louis A Chic.— 1st, con. 6s 1927
St. L. A L M.— Ark. Br., Ist, 78. 1895
StL.A San F.—lst,08,P.C. A 0.1919
Car.
8513
*
& Omaha— lat, 5s.. 1927 85
A T. H.-Dlv. bonds. 1894 46J2 so"
A So. IU.-lst, 88...1896 117
C.
St. L. Al.
Bo lev.
7313
....
....
Rome W.AOg.Term.-lstg.58,1 918
.1894
. .
148
1927
1916
1916
Rich. A Dan v.— Debenture 6a 1927
Enuip. M. s. f., g., 58
19U9
Atl. A Char.— Ist, pref., 78. .18971 110
2dlncoiue, 6s
A Minn.— Ist, 78. 1907
58
1947
2dM., inc. 58
1943
II414 Iowa Central-lst gold,
5s.
.1938
Kan. CVWyan.AN.W.-lst, 5s. 1938
Kings Co. Elev.-Ser. A,lst .isl925
So.-C. P.AA.-7S.1892
^•^FHi*.'?;
Buff. A Er.— New bonds, 7s.
U7I2 KaJ. AW. Pigeoii-lst, 7s.. 1898
.1890
Det. M. & T.-lst, 7s
1906
i'25ii
Lake Shoi-e- Div. bonds, 7s 1899
127
.'.'.1898
Uion— Ist,
A
A Ariz. Cent.
Presc't
Ind.BIoom.AW.— Ist, pref. 7a. 1900
Oh o Ind. A W.-lst pf., OS.. 1938
Ohio Ind. A West.— 2d, 58. .1938
48
78.
. .
Pek.
A
1897 118 120
;i907 120
1951 II6I2
100
1951
2d.6a
i'l'fjg
125
lll^t
1
&
78. 1897 1 13
lat, consol., 7s
1898
1921
dUaMt. A 8t, P.-l8t, 88;p.b:i898
1898
?i 73-108, P. D
Ist-
1921
I.,
98I9
78.1900 125 126
1892 IO5I41......
78.1897 116 ..:...
1898
Pitts. Cleve.
Tol.-l8t, 68... 1922
Pitta. Junction— lat 6s
1922
Pitts. Mc. K.
Y.-lst63
1932
Pitts. Palusv. A F.-lst, 5s.. .1916
Pitts. Y.
Ash.- Ist, 5s....
Div.— Coiip.,68!.';;i898 113 '4
Middle Div.— Reg., 5s
C. St. L. A N. O.-Ten.
St. L. Jacks.
Chic- ist',78.1894
1st, guar. (564), 78
1894
2dmort.
78.Tr.rec.
Gen. mort.6a,Tru8t rcceipts.1925
Illinois Central— 1st, g., 4s
1951
Isf, gold, 3123
1951
Gold 4s
1952
A
fd.,
2d mortg., 41^8
Pine Creek Kallway-6a
West Div. 7a,Tru8t receipt8.189li
Ist Waco A Kor.— 7s.
1901
2d m.Bs.M. 1. Trust receipts.lOlS
No. Railway (Cal.)— 1st, 68.1907
& O.-Pur. M. fund, 68.1898
A
Peoria
5s.... 1937
1.
A P.— Cons., 8.
2d, 78
2d, guar., 78
•
Ches.
117
95
Clpv.
1
. .
113
111
110
103
4th, sink, fund, Oa
St-L. V. AT. H.-lat, gu.,
.
1
Mort.
il07
il06%
2d consol. 7s
1911 122
Slinnglield Div.— Ist 7a...i'l905
Gciiiial 5s
1932
Ohio Kiver KR.— Ist, 58..!.;;!l936 100
General mort., gold, 5a
1937 88
Oregon A California— 1st, 58.1927
Pennsylvania RR.—
Pitts.C. A St.L.-l8t, cp., 78.1900 116
^UL*-i '• ^^- * C.-lst, 78.. .1912
20.78
1912*145
3d, 78
1912
.
& Oregon—8er. B, 68.
Ask.
IO312 104»a
CUncOiVal.D.-lst.oquli). 58.1957
ANc—
t^l.
'
«'}'**' *^''--l8*.e«n-6''1920
Rff^ Miss.-Cons., 8.F., 78. .1898
Ohio A
Koch. & Pitta.—Gen., 58.1937
ido"
Jfunded coup.,5s
1969
Koch. A- Pitts.— 1st, 68
1921
Income, 6s
1977
Burl Ccd. Kap.
lat,58.1906
96% Bi^. A 8. W.-Mortg. 68.'.'.".'l908
Consol. A collat. trust, 58. .1934
96
Jeffe-son- 1st, gu. g. 58 ....1909
Mian. & St, L.— Ist, 7a, gu..l927 lOiJ
Eureka Springs R'y— lst,6s.g.l933
Iowa C. & West.- Ist, 78. .1909 90
98
Evan. A t. Il.-lst, cons., 68.1921
Ced. Rap. I. F. & N., let, 68.1920
97 105
Mt. Vernon— Ist 6s
1923
Ist, 5s
1921
Evans. A Indian.- 1st, con8..1926
Central Ohio Eeor.— 1st, 4128. 1930 '100
^«
Cent.RE. ABank.-Col.K.,58.1937 lOOJs 101% Flint A P. Marq.— Mort., 6s.. .1920
Ist^on. gold, 58
1939
Bav.&West.- Isteon. K.,58,.1929'
98"ai Fla. Ccn. A Pen.
1st g. 5s... .1918
Cent, of N. .1.— Conv. deb., 68.190.1' 114
Gal. Har. A San Ant.— 1st, 6S.1910
Lehigh A W. B., M. 58
1912*102
2d mort., 78
1905
Central Paciflc-Goldbd8.,6».1895 112
;Ga. So. A Fla.— Ist, g. 68
1927
God )oud.s, 68
1S96! II2I2
-Grand Rap. A Ind.— Gen. 5g..l924
Gold bond.a, 68
18971 114
I Green B. W. A St. P.— lat 68. .1911
Ban Joaquin Br., 68
1900*110
Biift.
. .
Bid.
Northern Pacific— (Continued)93I4
North. Pac. A Mon.— lat. 68. 1938
94>s
C(Biird'.\lene— 1st, 68, gold. 1916
1938
ion"ll /,*^?",;.'8t. (?"'<•. 63
ii!;i "xT.*:,**'''''"Ktoii—lst,g., 68.1 938
llSJa |Nor.A Wcst.-N. River, lat, 68.1932
1"'!>- * l^xt., 6s
1934
iV^ui A(^)ii.3tmeut M.,
I17's|i
73
1924
.
Brunswick A West,— l8t,K.,48.1938
.
SECURITIES.
93
2d, extended, 58
1919
3d, extended, 4ia3.
...1923
4th, extended, Ss
...1920
5th, extended, 48.
...1928:
Ist, cons., fd. coup., 7s.. ...1920!
Keorg., 1st Hen, 68
...1908 105
B.N. Y. AE.-lst, 78
1916 139Ja
N. -i L. E. A W.-Col. tr.,68.1922
58.1913
99 100
Brookl.™ Elev.— l8t, g., 68.. .1924 ill
111%
?<i. 3-58
1915
91
Lnioii Kl., 1st, Kiiar., 68
1937' 107 13 108 ;<
Ask.
Eqmpment,
86
40
82
. .
105
.
78
1895
1st, trust, gold, 5s
1987
122
Kan. City A 8.- 1st, 6s, g 1916
^- Bk— 1st, ol.l910
Il-f-& I133
St. L.K. A So. Wn.— 1st, 68.1916
Kansas Mld'd.— 1st, g. 4s 1937
104%
Malion'g Coal RR.-lat, 58.1934
St. Paul A DulHth-lst,5s...:i931 110
109%
121
Litchf. Car. A West.— lat 03.
g 1916
2d mortgage 58
1917 lOlia'lOijia
104% Long Island-lst, 7s
1898 119%
St. Paul Jliun A M.— 1st, 78 1909 ......!120
N. T. A R'way B.— 1st, g. 5s. 1927
2d mort., 6s
1909 II7I1!;
2dmortg., iuc
1927
30
Miuneap. Union— Ist, 6s
1922
N. Y. & M. Beach- 1st, 7s ..'1897
Mont. Cen.— Ist, guar., 63. 1937 116
N. Y. B.
B.-l8t,g., 58.1935
Dakota A Gt. South., 5s.... 1916
East. Minn., Ist div. 1st 58 1908 100
100
Brooklyn A Mont.— Ist, 6s. .191]
CJen. niort. e. 48, ser. A
San Ant. A Arans.- lst,68,'85-1916 87I2 89
1989
Ist, 53
1911 "111
1st, 68, 1886
*^«?M^\'-^?<"^^-«-l«t'«8-1901
1926
871s
SmithtownAPt.Jeff.-lst,7"8 190ll*lll
*!•,*, Mmn.—l8t, 78.
San Fran. A N. P.— ist, g., 58.1919
1907
T
Louis. ANash.- Cccil.Br., 78 .1907' \Oij\
Iowa Midland— 1st, 8s.
ISodus Bay A So.— 1st, 5s, g
T
1900
1924
g- O- * JJ-lst, 68
1930: 117
118 '80. Pac., Cal.— 1st con. 5s
"O" V' 7s
1 898
1938 l6i"
N.O.AM. -2d, 68
?h?p"'J"i?T^*'',
1930: 107
So. Pac. Coast— Ist, guar., 4s. 1937
123
Wi,f f ^'''^^'*'i*ee-l8t, 78.1898
Pensacola Division, Os
St. P.--2d. 7s
1920! 109
110 iTexas Central-lst, 8. f., 7s... 1909 45
1907 129 131
50
Sjf- *
St Louis Division, 1st, 6s...l921''H5
^/i-^Mad.-lst^ 63
1st mortgage, 7s
1905'116>4
1911
55
2d, 3s
""l980 65
[Texas A New Orleans--l8t,7s.l905
Snrfh;£- S,^*-,^;-l8t' 5S..1909 *106l2
Nashv. A Decatur- 1st, 7s 1900
Northern III.— i8t, 58
Sabine Division, Ist, 68...., 1912
123
1910*1064
^
B. A N. Ala.— 8. f., 6s.
Chicago Rock Island A Paciilc1910
Tex. & Pac, E. Div.— 1st, 68.1905
Pens. A At.— 1st, 6s, gold... 1921 107% 108
Des Moines A Ft. D.-lat, 4s.l905 80
Tol. A.A. ACad.— 6s
1917 104 1041a
Nash. Flor. A 8 Ist gu. 5s.,1937
ist 212S....
«
Tol. A. A. AMt. PI.— 63....
102
1905 55
1919 100 103
70
Lou. N. O. & Tex.— lat, 43
Extension, 4s...
1934
Union Pacific— 1st, 6s
iqos* H'i
1896 113
2dmort.,53.,
1934
lst,6»
1897 114
Mexican National— 1st, g., (ik'wi
cuT^^A^''^ M.-ist;58::i923 .103^2
1st. 68
1898 116 117
2d, income, 6s, "A"
t-hlc. St.
1917 54
Kan. City—5a. .1936
Collateral Trust, 6s
1908 105
2d, income, 6s, "B"
14
19171
Collat«ral Trust, 5s
1907 94
C^°8t-p^-S'--l«H^-^»-l'»34
Michigan Centrai—6s....
"l909 112
Collateral Trust, 4128
^^' «••.•**'"'"•—Ist. 68. ..1918
1918
126
901s
Coupon, 53
1931 •]'(«'"
C.Br. U. P.-F.c.,73
1895
Jack. Lan. A Sag.— 68
isoi
Atch. Col. A Pac— 1st, 6s. 1905
I'i
124
98
Mllw.US.AW.-ESt. AImp.V58.-29 \o2%,
CWc. A W Ind.-lst, 8. f., 6s 1919 114
Atoh. J. Co. A W.-lst, 6s... 1905
96
Michigan Division, let, 6s 19241 118
^General mortgage, 63
Utah Southern- Gen., 78 ..1909 115- 118
1932 »118
Ashland Dlvlsian— lat, 6s ..1925 118
Exten., 1st, 73
1909 115 118
Incomes
3?d.^^S;!i?s-.^---^-V7«}»05 *123ia
^05
U. P. Lin. A Col.— 1st, g., 58.1918 lOOia
Minn.&St.L.— Pa Ex., isti 78.1909 86
Utah A North.— lat, 7s,
90
1908 110
loo's
2dniortg.,78
1391
59
Gold. 58
70
1926
Sonthwcst Ext.— 1st, 78.
Jatk. A Mac-ist,
1910^
72
Valley R'y Co. of O.— Con. 63.1921
75
^"Z,
65
103
Pacific Ext.-l8t, 68
CI Col f?;, A Ind.— 1st, &' 5s 1 936
S"^''*'
CI.C0I. Cin.
1921
80
Wabash— Ist, gold, 5s
7s,8.f.l899;*119
1939 100 Is 101
"
Impr. A equipment, 63
Consol. sink, fund, 78
1922 61
2d m., gold, OS
\%vl'
70
1939
81=8
Minn. & Pac- -Ist mortg., 5s 1936
Cleve. & Mah. V.— G0I.I si"" iQ^al.in?"
Deb. m., aeries "X."
1939 53
Minn.8. Ste. M. A Atl.-lst, Ss! 1926
Colorado Midland-rC'^^fii«-l^ir^"^
Deb. m., series "B"
1939 50
54
Mobile A Ohio— 1st ext., 6s. 1927 *
'^'•'«°-l8'.«8 -1916' ioiWabash St. Louis A Pacific—
ii's
1st pref. debentures
66
72
St.L.K.C.AN.-R.E.ARK.78.1895 111
St. L. A Cairo—48, guar.
.'1931
77
St.CharlesBr'ge— l8t,6s...l908 105
77%
110
D?l'wk""i'l^''*'?Fl8V.-6.;ufl4i 91
Morgan's La. A T.— lat, 68.
1920 114 116
No. Mi380iiri— 1st, 7s...
96I4
1895 95
1st, 7a
Mo^age*7^.7'"'''^"'-^^'l?«|;*l«f<
1918 124
West. Va. C. A Pltt3.— Ist, 6s 1911
136
Nash. Chat. A St. L.-'id," '(is 1 901 112
! Wiscon. Cent. Co.
-Ist g. 5a.. .1937 '.'98i,i
35
* GiUf-lst, 6s .1926
Income 58
14R1 S*?^ 0/'®?"8E.-Pr.
1937 5909 "59%
146141 N. O. A. No
1., g., 6s.. 1915
1....
SIlHeellaneouii Bonds.
IN. J. Junction-Guar.
1st, 43.1986
|l05
Am. Water W. Co.— 1st 63
] 907
}gi^
IS^:::;:::::::;;::::}|^| 125
Ist con., gold, 53
1901
S' ^' ?,? ^.""l''*' «'e<?-48.1903''108i4!....
1907
128
i=* i.i^71
„y-.*^'"'*^®™-l8t.g., 58.1927 111
Bo.ston Un. Ga,s— Tr: cer. 58. .1939
1915
93
2d, 48
Del i'H^S'^'"-,' Ist,
WeLAHud. Canal—I'' 78 .1891 140 143
^•>
iQ*i7l
Cahaba Coal Min.— Ist g. 78.. 1907
55
105^8
l8t, extension, 7s
•
"98'
'S-X;°i'*-*^^.-T9<'n- i8t;g.5s:{939'
>;«.•;."„'. "S^'S'i;"^?^''!
9S''8[ Col. &Hock. CoalAI.— 6a,g..l917
..1891! 105%|.
97
N Y Si,a«'
Coupon, 78.
H.Y.Susq.&West.-Deb. 68.18971
llConsol'u Coal-Convert. 6s. 1897
..1894! llSmiiia
2d, 4iae."
?a- l>'v., coup.V'/a;"
' '
" ,...«.- lat 68
1?.37|*
82
Equitable G. A F.— 1905
llOl
.1917J
"N. Y. Te.x. AMex.— lat, 48
Albany A Susq.-lst, guV,78; 1906
1912
Hackensack Water— Ist, 5s. .1926 104
INorthern Pac.-Divid. scrip' ext
J8i, cona., guar.. 6a
lonA 122 }oo,
Henderson Bridge— Ist g. 63.1931 109%
James Kiver Val.— lat, 68. 1936 105
l'f?'sl!
trim Steamboat Co. 6s
1901
1146
Be^n7'i1.''?r-/"«-liV7«.}S2?:
Spokane A Pal.— Ist, 68.. ..19361
lioi'
Laclode Gas, St. L., Ist, g., 5s. 1919 'sg^'s' '9ii«
St. Paul A N. P.-Gen.,
dS? So «^; ^I'.V'l''^-. 5s. ..1928 81
58.
1st
r T»„,' ^x-- *A•*^tl.- Gold78... 1937 921a 95111 HeleuaARedM'n— 1st c 68 19231 Hi'] iV>6' People's Gas A Coke 1 2d g.6», 1904 !.'.'!!!! "9814
E._Tenn. Va.
6s 1917
Ga.-l8t,
Co., Chicago
1900
>
g. 68,1904
....12314
Philadelphia Co.— 1st s. f. 68.1898
1«tfiHl937l ..
107 ff at. Union Tel.- Coup. 7s. ..19001 iislj
' N» priee Friday; these are
the latest qnotatious made this week.
,
.
AM
i
. . .
. .
.
.
'
. .
.
•-;
•
!|
. . .
PA
.
|
Vi
1
.
!
;
2nr*
.
.
.
.'
!
'
I
i
\
I
I
—
.
1
i
Dboembeb
THE CHRONICLE.
14, 1889.J
City Bank Htat«meiit for the week ending Dec.
We omit two ciphers (00) in all canes.
as follows.
New York
7, 1889,
is
Banks.
9
Bulk of New York.
City
Tradesmen's
Ohemloal
HercbautH' Rxch'nge
1,200,0
5,000,0
5,000,0
1.000,0
1,000,0
422,7
1,600,0
450,0
York...
American Ezohange..
Commerce
Broadway
Mercantile
Paolflc
Bepablic
Chatham....
Korth America.
Hanover
Irving
Bt. Nicholas
Bhoe A. Leather
Corn Exchange
A Traders'
Park
NorOi River
Ea-t River
Voarth National
467,5
611,6
333.0
130,6
894,"
1413.8
2 603,4
280,4
366.3
4,375,7
2,114.8
Becojd N^tioni.!.
Ninth Vitlonal
.....
U^.l
1,410,6
561,1
123,7
240,8
750,0
nrs. National
5j0,0
1,010,0
Thlr^l National
Y. Nat'l Exchangb
Bowery
ITew York County.. ..
ti00,0
IT.
250.0
200,0
750,0
600,r
100,0
200,0
200,0
600.0
300.0
200,0
160,0
300,0
200,0
600,0
200,0
8,600.0
300,0
Glerman-Americao
Chase NationaL..
..
,-.
Avenae
German Exchange...
Fifth
Sermania
Doited States
lancoin
Garfield
Fifth National
Bank of theMetrop..
West Side
BeaboanI
Bixth NanonaL
^esmm
National
Firjt Natioual.B'klyn
8t'2,2
217.6
715,0
717,1
•i
883.3
9.916.5
3,985,8
423 2
2,9'27,3
381,5
51H.4
247,8
29S.0
204,3
482,3
230,1
132,2
2 613,1
4261.3
2,769,6
2,961,2
1,671,6
4 169,5
2266,0
7.5.4
3.210,0
1.970,1
262,7
705,0
3.182,5
10,896,7
6,'28/,0
3,003,8
6,008.6
14,779,6
2.709,0
8,oao,o
2,80-2,1
4,089,7
1,898,4
3.632.0
6.317,9
4.801,9
1,970,1
20,591,6
22.477.8
141,9
136,0
630,0
372,0
688,6
280,0
510.9
676,9
160,3
271.1
3,846.5 1,709.1
661.2
4,837.1
113,4
124,2
136,2
301,1
889,9
3,347,0
635.0
914,0
240,0
1,005,0
960,5
392,6
4,416,6 1,026,1
558 5
1.193,0
126^2
377,2
'20^2.0
654,0
113.5
650,0
116.3
463,5
822,6
2,710,6
179,5
927,6)
181,7
E3^2,4
138,4
309,7
28,9
1,081,6
603.6
249,9
372,1
674,4
227,2
321,4
349,4
1,113,7
33-2,0
231,0
484,0
660,0
350.0
110,0
662,3
1,295,6
151.8
631,8
•2,547,6
'i!21,9
7.8311,1
816.6
189,0
460,0
166,8
309,0
528,5
108,2
220.6
239.9
217.2
3,930,1
1.105,6
1.906.2
8.124,0
1.259,8
2,727.7
1.431.4
2,950.3
14,174.0
11.376.5
4,695.4
1,745,7
260.9
749.4
l,oa6,l
2 802.0
2,764.6
2.650,4
3,8»»-l
2.051,9
2,992,0
6,341,5
4 284,8
2,071,0
20,072.4
19,055,8
2,110,8
1,260,5
16,533,8
7,296,0
4 084,0
5,186,6
21,754.6
6,931,3
4.0;i0.5
38,-2
466,3
2,537,0
o.n.o
13,'605.7
'2.121.5
24.73H.0
8.738.5
319,0
403,0
9'i6,2
2,0'26.«
10.360.0
B.177
0.959.2
7.0»»,0
10.186.9
3,8H0.O
10,401.2
128,7
422.0
147.7
213,8
437,3
240.5
250,0
3,200,0
2,000,0
300,0
.
. ....
1,307,4
4 18«,4
•240,0
Central National
8, '204.0
17.607.6
e.noo.y
7.508,6
2,787.0
10,516,2
6 :<(W.o
191,0
699.8
202.7
239,1
1,000,0
1,000,0
300,0
1.500,0
2,000,0
Continental.
16.603.11
2«7,1
6,089,4
2G7.4
600,0
600.0
760,0
600,0
600,0
Nassan
Market dt Fnl ton
;),5r>7.2
647,6
355,3
136,0
103.6
467,6
355,6
396.6
1,S'T6,3
2,660,0
1,214.4
3,474,3
1,404.2
1,250,9
274,5
384,1
1,000,0
500,0
Citizens'
8,051,9
356.8
6,907,4
400,6
3,325,7
6,220,6
8KCURITIE8.
460,0
668,0
620,4
489,0
410,8
22 ;,o
216,0
140,8
762.7
619.8
262,2
655.0
21,16-'.»
780,0
850,9
867,7
595,8
256,0
482,0
200,0
700,0
Peoples*
OrlentaL
Importers*
21fl,7
HOO.O
200,0
200,0
600,0
300,0
Leather Manafaot'rs.
Serenih National
6.911.0
8.674,0
10,457,3
4,510.0
9.994,6
2,471.4
1.466.0
1.219,0
1,273,0
2.041.7
6,056,0
118,4
1.378,8
284,5
222,2
109,0
613,6
75,1
406,4
1,607,5
3,268.2
1,582,2
1,01 H),0
ereenwioh
9,40'2.0
649,0
2,412,4
300,0
600,0
eallatiu Natioual
BntcherH' & Drovers'
Mechanics' «& Traders
•
11,050,0
1,775,3
1,875,5
10,312.0
4 292,0
•2.212.9
1.623,4
16,299.4
7.422.0
4.930.0
6,427
21.186.8
7.416.8
1.606,2
2.969,4
2,879,6
2,662.7
1!J.178.7
4,'23'2,9
3.610,7
2,989,3
4,906,9
3,262,3
3,57.5.6
1,9S8,8
6,175,3
2.311,0
3.8.)6.0
2.060.0
8.465,8
4.102.0
61,062,7|50,6o0,l 394.221.1 75.050.7 2,5.299.5 398.588.2
Total
Qaotatlong In Boston. Philadelphia and Baltlaoro.
Followin); are quotationsof active stooka and bonjj. A fal
iat is given lu the Cuboniclb tlie third Saturday if each month
DtpoHtt.
LtQola.
»
'2,180.0
8>6,0
2,000.0
2.000,0
3,000,0
1.000.0
1,000,0
1,000,0
,
America
Phenlx
SviCit.
t
1,011,6
1,240,6
2.0.50.0
Kecbsulos'
New
s
2,000,0
Ifwiliattan Co
Herotaanta'
State of
Loam
CavitaX, Sttrpluj.
(00« omitttd.)
785
HKCDHITIl
Bid.
BOMTON.
RAILROAD STOOKat
RaaitiigteB
Prafnr'wl
A
4tobtsnn A Topeka
88^ 38', LohlKi.
Boston & Albany.
210
I-IIU'
„.
Boston A ijomtXi.
189
Mluci.
,.ea
B'Mtou A Maine
aoi 2U6
ifeMtut-NoiiinK V allay....
Koaton A ProTldenoa .... 9»8
Northern Central
Oalltomla SouUiem
\i" Morih Pennnylranift.....
t
Central of Maaaaohuaetta
12S 13
PennaylTanla
Preferred
'M
Phil. A Krle
BurL
Ohio.
Ohic.
<fe
A North'a....
Weat Mich
Cleveland
A
40
26
I
Canton
Hnnbnry
Dnitod
7'.
«»«
1
Preferred.
118
130
86 >i 86 <3
26
'ii
FUutit Pure Marquette..
91 >4
Preferred
Kan.C. Ft Scott A
A
38
180
m'
A New Eng.. pref..
IT'S
11-2
113
163
Northern
Norwich A Worcester
175>«
A
1 '26111
Porta...
Summit Branch
Vermont & Mass...
132
82 H
62
BONDS,
<fe
Capital dCi
XutuIud.
Loans.
*
$
K. York.'
Nov. 9....
"
16 ..
" 23...
I
117.712. 8 397.760, 2 73, 369,7 26.280,7
117,712. 8 335.826, 2 75, 046,1 26,441,0
117.712, 8 395,219. 0|7a,
26,103,1
"
30... 117.712, 8 395,99.<, 0|75 832,9 20,15)9,3
Deo.
7.... 117,712. 8394,221, 175, 050,7; 25,299,5
1
Boston.
Nor. 23 ..
"
Dec.
65,544, ,9 154,121,
65.544 9 16'2,879,
66.644, 9,151,162,
30....
7....
Phlla
Nov. 23 ...
35,132.3
3o,13'2,3
S5
73.3,0
America
202
Am. Eich... 163
Asbui-y Park
Bowery
Bid.
27»
German Am.
123
Gcniian Ex. 260
Germaiila
270
116>1 116',
78..
78
Hanover
Central
144
Chase
'250
147
i'vi
»7
116
i2*iy
106 U0%
B. T.— lBt,78..
2d mortc.. 7s
Conaol. H.,>8
l«b. V.-l8t 6s,C.* R.,'98
ibs"
Unntli*
300
4300 1800
Chomical
460
City
CitiMns'
180
Columbia.... 205
Commerce... 197 201
112
Commercial.. 1(14
Continental 132
138
Corn Kxch... 235
East River.. 170 175
11th Ward... 150
Fifth
200
Fifth Ave.... 1100
First
2000
14th Street.. 165
Foorth
170
265
Gallatin
Irving
186
Lfather Mfs' 240
Liiic-olii
205
Madison Sq.. 102
.Munluittau... 185
MarkelA Ful 210
210
M'chs'&Trs'. •.!10
....
.
56S
—
People's
A
28
Istmort. 7»., 1900
115
Br'dway & 7thAv. -St'k.. 230
Ist mort., 5s. 1904
105
2d mort.. 6s. 1914
101
B'way Surface b'd9...1924 104
BoDilB guar., 68, 1905
96
Brooklyn City— Stock
150
Ist mort.. 58, 1902
105
Non exempt. 6s....
108
iioi'
Plain 43. 1913
Galiforuia South.— 1st 6*.
Loan
Income. 6«
87 >«
Oousol. of Vermont— 6s..
Eastern. Mass.— Oa, new.. i'24
K. C. Ft. Scott A Mem..6s 115
K. C. Ft. Scott A Glf.— 7s 117'ii
Kans. City Law.A so. Os] 160
K.C. Memph. A Birm 68
121
ICan. Cit.HtJo.AC. B.— 7s
99
K. City Clin. & Spi-d.-6s,
100
LitUo B. A Ft Sm.-7s...
110
Lonlsv. Bv. ABtL.- Ist, 6s 9109
8 73V,
2d mort., 2.6s
1106
Mar. H. A Ont-1925, 6s. i
—
—
Read.-liit, 6«
Philadel.
R., 1898..
2d,7s, C.
Cons., 7s, coap., 1011.
A
i22
Western
West
Side..
* 8t L.— 7a,op. 118%
Pitts. CIn.
E. 8.— lBt,M.. 104 >< 10*
Steuben. A Ind.l8( m. 5a. 107%
CnlCed N. J.-O. 4b, 1928 107%
-Warren A Prank.— Iat, 78 110
West Choafr-Oon. Os, '91 106% 106
West Jerser— 1st M., 7b.. 125
W. Jerser A Att-lst, 6s 106
West Penn.-68, 1893 .... 106%
Pltt8bnixBr..6B
110%
SohayL R.
Bkiyii. Croastown— Stock. 195
1st mort. 7s. 1908
108
Bnshw'k A v.(Bklyn)— St'k 140
Central Crosstown— St'k.. 1140
118
1st mort., 68, 1922
Cent. Pk..N'.<fci;.RIv.— Stk.,115
Consols. 7h, 1902
!ll8
I
I
I
I
'
Chrtsfph'r&lOthSt.-Stk. 130
'110
Bond.s, 7», 1898
DryDk.E.B.A Bat'y— Stk 127
1107
lei mort.. 7». 1893
I
I
I
Sixth Ave.— Stock....
Istmort.. 78, lt90
Third Ave.— Stock.
Bonds, 5s, 1937
Twentythird St.— Stock.,
let
Wiscon. Cent— Ist M.,
Income, 6s
M
CapeFearA Yaa.--lst6s
mort.
78.
1898
lis
M
"la"
120
104%
101
;t<>'2^
JiOlS' ...„
69 >i 69 \ Cent. Ohlo-6s, 1890
Char. Col.A Auk.— lst,7a till
99% too
Cln. Waah. A Balt-laU.
PHII.ADE1,PHIA.
03 .—
2d. 6b
RAILRO.\D STOCKS!
38
Bl
Sd. Sa
Boll'sOan
f
10
ist Inc.. 6a, 1931
Camden A Atlantic, pref.|« 88
Sekb'dA Koii'kiw.'V^, 1926
66
East l*ennsvlvania
West. Md., Sd guar.,t>a..l
Elioira <fc Williamsport..
WU. Col. AAnK..6a.l910.' il6% "JZ
70
.1
Preferred
Per share.
}
Last price this week.
N. Y. and Brooklyn Gas Secaritles—Brokers' Quotations.
Bid.
GAS (X>MPANIK8.
Bid. Ask.
GAS COMPANIES.
,
I
People's (Brooklyni
108
67
lim
Brooklyn G:is-Light
Citizens' Gas-Light
Bonds. 5s
70
103
89
Scrip
......
New York
102
100
112
100
Bonds, 68
Nassau (Brooklyn)
WllUainsborg
Bonds, 6s
Metropolitan Brooklyn).
Muulclnal- Bonds, 78
Fulton Municipal
Bonds. 6s
Eanitabie
Booda, 8*
(
1
75
180
lOS
94
77
lis
1'20
iss
10s
197
110
US
luo
12S
108
109
Stock Excliangre— Unlisted Seonritles.
16-2
BKCUBITIKS.
....
49
18
10
216
94 "2
200
..•••..
Ist 7a, 1907
Brooklyn Elev'd—Btook..
8ECUBITIKS.
Bid.
Am. Bank Note Co
Am. Pig Iron Stor'ge war
Am. Cattle Trust
126
Atoh. A Pike's P'k. 1st 68
95 « Atl. A Char. Air Line....
Cincinnati
A
31%
8
1
13
41
Continental Con. A Imp..
do. Trusteed stock
Dl Hllers' A Cattle F. Tr.
Dnl. 8. Shore A At— Stk.
Pref
Gsorgia Pao.—8took
iBt^B
26'
S7
43
43
41
41
40%
•
91
13
Yi"
»>*
80%
......
26
...
Gt Nurthem
(95 p. 0. pd)
li.anawha A Ohio
Iat pref
42>,
Isllis
Keely Motor
Lehigh A Wllkea.Coal..
Rock A Ft Smith.
,
81
99
43
A Tex.. 30%
SI".
i-sir
Newb. Dutch. A Conn
N. J.Boatheni
N. O. Pao. Land Grant..
Kewp. N. A Miss. Val....
V.-.8.*
BaB
N. Y. A Oreen'd Lake. Iat 33
7
3d mort.
60
N.Y. Loaa A Impr
N. Pao. P. d'OrelUB DtT.. 103
10
M
103
MlBiOOrt OlTlBtOD
^
North RlT.OoaB. Co.8orlp.
O.I. A W.— iBt accluteert 64
26
38
3d ace. lot oert
Ocean ss. Co. -Ist goar. 103 1106
M
Paaaaoola A Atlantic....
Postal Tolegraph-Cabla.
Louis A Chicjkgo
6
I
i\
St
Pref
3
IOC
8t Paul K.A Or.TT..lBt«B 103
5
,
Little
7
6
St Louis
MeriphlsA Cha'Bt oonaolB 116
M«x. NatCoaBtntot'aOo.
Hiehigan A Ohio
Mt I>e8.& East Sh. Ld.Oo. •76
6^ N.Y.
6%
Spriugf
Comstock Tunnel
1st income 4a
Conaol. 58
Income 5s
Loilsv.
90
122
40
33
37
California Paciflo
let mort, 4%8
Atl.— Beneflciary.
Chic.
A
L.N.
19
16
88
Bid.
AAC—O.A I.DlT.,eB
43%
i';o
Brunswick Co
Ninth Ave
Second Ave.— Stock
1st mort, 5s. 1910
in
48
66
i
135
117
140
98>9
252
&B.— Scrip6s..
101
126
113
130
210
125
112
106
180
Eighth Av.— Stock.
108
Scrip, 6», 1914
42d & 6r'nd St. F'ry-Stk. 200
'"«
1st mort.. 7«, 1893
42d St Mauh.i SUN.Ave.
Istmoit., 6a, 1910
2d mort, income, 6s
Hon8t.W.8t.& P.F'y-atk.
latmort., 7s, 1894
I
114
lOSi*
»«%
Deferred Incomes, coap
13% 14^
Phll.W. A Balt-TT. c, 48 103
103%
I
3'25
Shoe<fcl«ath.;i52
Sixth
St. Nicholas.
State of N.Y.
Third
Tradesmen's.
United St'es.
118
108
—
88%
Gas
Hoboken. 180
126'
116
Metropolitan— Bonds
105
108
Mutual (N. V.)
186
—
131%
100 ....
BALTLVORK.
1923.68
Mexican Cen—4s., 1911.. 69'4 69"» RAILROAD STOCKS*
86
36^ Baltimore A Ohio
1st con. inc.,3a, 193*....
22 >s
21
1st pref
•2d con. inc. 3s, 1939 ...
2d pref
N. Y. A N. Eng.-lst, 78. 126'!! 127
|116»< Central Ohio
Ist mort., 68
106 >« 105>a
Preferred
2d mort., 6s
Cluirl. Col. A Augusta
2d mort, scaled, 38
103
Western Maryland
Ogdeus. 4 L. C.^Cons., 68 I
99^4 RAILROAD BONDfl.
Rutland— 58
83
AtlanUA Char.— 1st, 78.
Southern Kansas— 68..
Income, 68
Division— 68.
Texas
'Bait. A Ohio- 4s, 1936...
Incomes
*
148
.
.....
Perklomen-l8(Be.>a,'I8 loa>a
2d series 6a, I9ia
Penn.AN.Y.L'ao Sa.'S9,
11«*»
Phlla. <ft Krla-con. Sb... 114<«
GenAr&l mnrtv. 4a
lOl'a
General mortg. 4b.
Con8..es,g., I.R.C.1011
Imp., 6s, g., coup., 1897.
Cons. 6a., latser., 19i32.
100
41
Couaoliilated
Jeiacy city
178
142
Seaboard
Second
Seventh
D. D. E.B.
Ful. F. -Stk.
i92
IIIIII
'
119S
]
i-iS
City Railroad Securities— Brokers' Quotations.
Bl'ckerSt.
Ask.
140
Phouix
Produce Ex. 11-2
iio" Republic
Mercantile... 210
157
Meich'lsEi. 119
MetroDolilan 14
'Metropolis... 326
Mt. Morris .. 368
22 >
161
iNassau
New York... •Zii
150
N. America.. 189
148
215
Oriental
)80
Pacmo
254
Park
loss lOtV
116
139 >! 140%
A
I36S 1*7
North Peno.-lstM.,7B. 116
General mort. 7s, 1008. 133
N.Y. Phll.*Norf -l«t,S8 108 108
Income, 6s
Penn.— QoD.68, oonp.1910 13!S
Corn. 6a, coup., 1906 ...' 12'2 IM
Cons., 5b, coup., 1910...' 113
A
Neb.—
Exempt, 6a
t
Bid.
Ninth
276
Hud Ulver.. 146
,lm.ifeTrad'3' 646
Chatham
Boston and Phlla.
BANKS.
IM
Rlmlra A Wllni. -1 at, Oa.
Rarria I'. M't J.itL.—4s.
[
N.Y.NaLEx- 130
130
310
Butchs'<&iJ,-. Iff.
79.758,1
61.751.3
87.410.6
N.Y. Coanty. 450
400
Garfield
165
102
637,9 85,243.7
542,3 81.555.3
544.9 105,516.0
prices this week.
Ask.
yuH
j
701,716.7
775.056.0
799,437,1
626.608.2
855,302,3
93,665.0 2,135,0
94.143.0 2,133,0
92,443.0 2,130,0
t Including, tor
BANkS.
Ask
401, 616,0 4 061,3
403, 748,914 ,077,2
400. 466,34 ,080,2
100, 561,4 4,,056,7
398, 588,2^4, 035,4
23,116,0
23,303,0
23,351,0
Bank Stock List—Latest
Bid.
$
4,964,4 132, 160,2
,328.6, 4,671,2 129, 871,3
080,9, 4,895,8 126, 961,9
• We omit two cipherg in aU these figures,
delpbla. the item " due to other banks."
BANKS.
VUaHngt.
698.11
97,059,0
96.778.0
35,132,3
"
30....
Dec.
7 ..
DevoMt.-:
;'('-r'''n
$
Legals.
Specie.
131
ll«>s 117
.
4>is,'l'mst
Topcka— 1st,
Collat Trust, 6s
Plain. 5s
Mortgage, 6s
Trust, 6«
Burl. A Mo. R. In
>7
iii"
M
6"-j
i
Wisconsin Central
Preferred
itch.
M
101 >
2d, 7a,rec., 1910..
Cons. 6a, C.
R, 1923..
("&
Lake Cham..
Portland .Saco
II»N
lao. 78. end. onaw.,'M..
Belred. Dela.—<:oDa. is..
Bella Oap-lat M.. 7a
CaUwl«a»-M. 7a, 1900.
Clearfleld * J«S.-lat, Sa.
DeL<ftBd.B.-lstTs, 190S.
Kaaton A Anilfoy.- M. 6a.
A
Manchrster A Lawrence.
"ii's
Mexican Central
Ogtlensb. A
old Colony
J
ConnectlDg—Os
Mem.
K. C. Memph.
Birm....
Cx>ni<TUle Evans.
St. L.
Preferre<l
Blaine Central
N. Y.
N.
AUegh. VaL-7 3-108,'M.
1111
Flt€;hburg. pref
l,«wlstoa
i'o's of
KAILHOAD BONDS.
<160
Concord
OonneoUcut A Passump.. «11S
208
CooneoUcut Ulver
Eastern
Preferred
A
TS
West Jersey
WeatJaraeyA AtlanUe..
I
Basks.
Bid.
Broad Top
Scioto Val. 1st 7B,Tr. reo.
73
5%
33
*7
2d, 78, 1'ruat reoetpta...
Toledo Peona
A
Wast...
Utah CentraL— let 8s
WeatN
Car.—Co».aa
..
14% IS^
..._
100
96
i
m
THE CHRONICLE
786
Latat Baming$ Beported.
Roads.
Week or
^vailroad Intelligjeucje.
Geo. So.
Companies.
It is
vubVshed on
the last
Saturday of every
month—viz., January, March. May, July September
and November, and is furtihhed without extra charge to
other
regular subscribers of the Chronicle. Extra copies
are sold to subscribers of the Chronicle at 50 cents each
all
and
to others at $1 per copy.
The Oemral Qnotatims of Stocks and Bonds, occupying
eix pages of the Chronicle, are now published on the
third Saturday of each month.
RAILROAD EARNINGS.
Lalttt
Roads
Hamingt
Week or Mo
Alloghcny Val. Octotcr.
^^m/Mui.
iumap.&B.
Aiinlstou
,
S. L. Septeiul)
&
Atl. Novcinljcr.
&
Reported.
1889.
242,048
3,725
9,333
November.
V6,iS?t
Ash v.ifc Spartan November,
Atoll. T.&^i.Fe
tthwit Nov
St.L.K.O.&Ool. •ithwk Nov
Gult.Col.A-^.l' IthwkNov
SomU'nOallfor 4th\vk Nov
Total systcmt. 4tUwkNov
9,725
536,901
AtliHita
134,105
47,913
Auniston
Oln
('liar. 8epteuil>'r.
Si,
Atlanta >* W.Pt November.
Atl. A.- Danville November.
I.IGj
138,185
37,l'i3
80I.74fi
1888.
Jan.
1 to Latest Dale.
1889.
1888.
*
202,468 1,968,857 1,718,153
4,439
9.285
88,550
84,614
7.735
ior.76s
8,434
109,935
165,349
589,171 18,719,903
1,123
57,197
105,178 3,623.443 2,875,364
53,334 l,586,x91
798,464 25,325,919 23,964,055
114,971 1,072,39
934,888
44,432
413,78
373,464
37,0O(
24 423
Atlantic \- Pao. Istwk Dec
43,8G3
65,207 2,483,317 2,72i,559
B.&O.East Lines Octolier. .. 1,728,588 1,377,481 14,169.079 12,899,288
Western Lines October.
495,601
476,00(
4,139,341 3,b91,695
.
Total
Bait,
i Potomac
Beech Creek
Bir.Selma<fcN.O.
Brooklyn Elcv.
Bufl.Rocli.A litl
Burl. & Nortli'n
Burl. & Western
Camden &
Atl.
Canada Atlantic
Canadian I'acillc
Cp.F'r&Yad.Va:
Ceat. Br. U. P..
Ceu^KK.&Bff.Co
Centralof N. J..
Central Pacille.
Central of f. C.
Charles t'n & Sav
Cbar.Col.iAuK.
October.
October.
October.
2,2.4,249 1,853,541 18.308,41:)
155,221 144,338 1,347,382
85.171
69,512
607,283
Novembrr.
3,196
2,256
21,890
Bepteinb'r.
121.5j1
75,563
1st wk Dec
36.96(1
41,012 1,829,195
November.
8,329
4,293
60,119
November.
4,528
4,717
53.133
October. ..
47.571
41,135
600,768
«e;itemli'r.
4J,5(>4
43,254
360,22
Istwk Dec 312.000 281,001! 14,075,162
November.
38.9ip2
31,450
362,475
Sei>teuib*r.
90.600
85,316
566,776
October. ,.
918,978 901,295 6,351,276
October.
1,:j05,160 1,315,867 11,213,475
Scptemb'r. 1,546,398 1,438,173 11,669,789
Septemb'r.
8,864
8,385
72,862
October.
51,2t:6
4 8,8-22
491,615
November.
96,600
93.495
817,287
Novciuber.
31,5(J0
10,094
252,183
Septemb'r.
6,2-24
9,514
59,930
..
..
..
g.
Septemb'r.
l.<twk Dec
October. ..
October. ..
IJnes conli'l'd October. ..
.
111.
657,059
74,-. 69
434,904
823,983
& Lenoir
Chic. & Atlantic.
Chic. Burl. & No
Chic. Burl. & Q.
Chicit East.
299,2-59
.
W. November.
Cues.
51,151
48,312
623,824
352,066
12,330,093
.
.
&
1,867,4 2
5.845,141
11.025,693
11,610,295
Chaf.E'iueACol.
Cberaw. & Darl
dChes. & Ohio
November.
Clies. O.
16,790,983
1,284.838
755.909
19,455
Istwk Dec
Chic. Mil. &.st.P. Ist wk Dec
Chic. &N'thw'n. October. ..
Chic. & Oh. Riv November.
1889.
Jfo
$
& Pla.. October.
& Ind.. 4thwk Nov
Jan. 1
1888.
1
iji
Clile.St.P.&K.C.
4thwkNov
C!iic.6t.P.M.<SiO. October.
.
Cuic.& W.Mich. 4thwkNov
Cin.Ga.ik Ports. November.
Ciu. Jack. & Mac 4th vk Nov
an. N. O. & T.
P. 4
thwk Nov
Ala.Gt.gouth. 4thwkNov
N. Orl. & N. E.,4thwk Nov
Ala.
&
Vlcks.
Vicksb. [4tlnvk
Sli.
Nov
& P. 4tbwk Nov
Erlanccr Syst. 4thwkNov
Ciu.Ricb.A Ft.W 4thwk Nov
Ciu.
t^el.
& Mob. November.
Ciu.Wal).iS.M!cli,
Noveml)er.
Cin.Wasb.&Balt Kstwk Deo
Clev.Akroii&Col 4thw k Nov
Clev.
&
Canton..tNoveml>er.
jpl.an.Ch.A
S.
1.1
1
St
wk Dec
Clev. & Marietta Novemlier.
Color. Midlaiul. Ithwk Novj
Col. & Greenv ..iNovember.
Col. & Cin. Mid.. 'Istwk Dccj
Hock. V.AT.lNovcmbcr.l
Colusa & LakclNoveuibcr.!
Col.
CovinK.iVMac'u.:No\cuil)er.i
Day.Ft.W.A.Cb.. November.
Denr. & Rio Or. 'istwk Deei
Den. Leadv.&G. fiept<iiib'r.l
Den.Tex.A- V.W. .N'ovcii.l)cr.'
Dot.Bay C.i Alii Xovciubcr.i
Det.Laus'iri
No 4thwk .Nov
Duluthe.S.iAtl Istwk Dec
E.Tcnn.Va.<V(ia.'4tlnvkNov
Eliz.Lex.&B.H... Hepteml.'r.
Eviins.ilud'pli^lHtwk Deo
Evaiisv. .k T. n.llstwk Dec
Fitohbiirg
October.
.
Flint.&P. Marq. UthwkNov
I
Flor. Cout.ife P. |4thwk
Nov
Ft.MRd. (tN'w'u November.
Ft»W.<;iu.
& L.
.
October.
Georgia Pacific JNovembor.
Lateat Date
1888.
I
jt
.
,
. .
.
1
.
.
.
. .
.
.
. .
.
.
.
53;992
439,000 5,.578.010 4,694,325
180,577 180.825 1,934,81.2 1,817,499
6,4t9
6.064
53,234
57.082
61,377
44,915 2,126,873 2,108,014
212.947 £48.614 1,628,080 1,004,553
2,815.073 2,802,343 21,972,630 19,390,( 53
618,921 621,589 5,927,632 4,739,495
58,367
72,251 2,467,5; I 2,642,400
591,000 5V8,28^ 24,129,043 23,121.537
2,979,807 2,972,265 21,488.864 21,608.923
5,543
6,376
66,794
55,760
37,129
28,686
269,786
229,088
650,-. 30
591,968 4,815,196 4,470,820
107,334
81,792 3,086,594 2,213,383
7o8,726 741,749 5.170,168 5,342,954
33,224
30.656 l,267.-292 1,305,303
5,242
5,096
59.365
59,908
16,281
16.239
564,914
499,972
130,150 104,3s4 3,558,748 3,304,992
62,471
54,977 1,704,8-29 1,390,874
46,936
38,1102
938.831
78H,8-24
2s,44
23.440
540,831
432,142
23,77
'25,656
544,936
501.41s
291,781 240,461 7,288,175 6,418,250
9,660
3 0,570
405,622
373,781
9,525
14,67
90,634
106,168
42,719
38,091
484,674
447,402
50.270
43,-200 1,989,183 1,907.580
17,831
15,570
683,777
630,774
44,000
23.373
406,423
346,983
231,518 227,217 11,234,008 10,370.384
17,566
19,9,:>5
23 -,043
263,046
40,185
43,801 1,479,764 1,241,'296
S6,SC,0
77.712
677,7451
373,680
7.062
6.69
321.988
332,789
228.386 253,631 2,232,991 2,673,407
3,183
2,955
20,2.-4
24,878
14,581
7.6-20
100,341
41,834
43,901
38,519
454,008'
393,233
16 -',1)00 150,000 7,472,011 7,'203,326
105,l'.i7
105,711
700,602
831.264 80. Piiciilo Co.—
232.131) 2.50,498 2,198,688' 1,783.858
Gal.Har.AS.A. October. ..
<08,474 315,138; 3,239,403 3,061,598
30.t)00
32.994
451,614
Louis'a West.. October. ..
785,953
428, 1
885,401
111,967
95,740
25.561
26,034 1.027,211
Morgan'sLi-T. October. ..
950.342
609,585 537,688 4,192,154 4,057,675
19,237
18,730 1,676,449 1,360.M4^
N. Y. T. & Mei, October.
114,580
14.>,218
28,099
18,475
179,150 142,981 5,759,170 5,11.«,226
Tex. & N. t)rl. October. ..
183,953 134,019; 1,386,770 1,170,328
69,409
04,785
600,116
Atlantic sys'm October. .. 1,34 ,0781. 101,090 9.848,947: 9,190,131
738,5 7
5,367
5,251
282.336
Paelflc system Octotor. .. 1,28 ,058 3,427,002
235.749
;9,301,076
,08 ,-.19
18,080
15,294
84r),894
Total of all.. October. .. 4,624,130!4,328,701 38,5:jO,9L>S 38,551,206
801,920
582..508
549.703 4,887,028 4,(iOI,246 80. Pac. RR.—
6'2,.543 2,154.89
50,995
2,197,477
No. Div. (Cal.) 'Septemb'r.
219,108 210,830' 1,627,684 1,523,906
30,69
22,193 1,008,887
So. Div. (Cal.) Septemb'r.
847,121
516,410 5.53,162 4,571,90<1 4,095,972
2,469
2,599
23,609
Ariiona Div.. Septcmti'r. 140,076 146,074! 1,354,126 1,594,141
25,147
29.272
25,241
257,5j3
756,1-23
223.237
New Mei. Div. Sertemb'r.
60,7231
705,215
75,340;
158.950 123,100 1, -295,238 1.171,236 Spar. Un. & Col. Septemb'r.
84,-209
71,624
10,720
7,643l
55!>,000
. .
.
.
.
I
!
Chic.Pco.ASt.L. Septemb'r.
Chic.St.L.&Pitt. October. ..
to
1889.
40,648
7,501!
253,0371
52,616
57,756, 2,107,374 2,060,380
Other lines. .. 4lliwk Nov
1n7,370I
5,633'
4,988
187,109
Sraud Trunk. .. \VkNov.30 370,497 360,280 18,329,107 17.189.573
Chic AGr.Tr W'kNov.30
71.301
67,243 3,290.990 2,9l'2,9-24
Det.Gr.H.AcM. WkNov.3a
18.008
20,317
970,095 1,017,092
Gulf & Ihicaso. November,
5,221
6,960
40,106
35,209
Uousatonic
Septemb'r,
140,186 110,526
911,163
833,444
Hous.Ar're.x.Ceii. .\iiKUst
288.940 219,029 1,669,760 1,305,121
Uuuie.st'u.vshcn! November.
18.000
16,784
140,305!
140,989
Ill.Ceu.(lll.A:So..|Oct<>bcr. .. 1,420,376 1,166,046,11,358,4481 0,487,327
Cedar F. ArMin, October.
10,8.35
9,456i
77,183
78,529
Dub. A' 8io'xC. October. .. 221.657 ,207,171 1,42'„534 1,434,089
Iowa lines
loctober. ..
232,492 216,626! l,,',0(i,017' 1,512,615
Total all ....lOctobcr. .. ^,652,868 l,-382,672 12, S6 1,465 10,990,941
Ind.Dcc.vfc West. INovember,
29,'225
34H,91»
29,062
352,081
Iowa (Jeiitral... Istwk Deo
29,315
32,451 1,403.907 1,290,055
Iron Railway.
November.
2,984
4,131
37,051
55,623
J'k'nv.T.&K.Wi/ Sopteuili'r.
34,197
12,060
.373.534
332,915
Kanawha&Ohio Istwk Deo
4,943
5,278
200,588
253,843
K.C.F.S. & Mem. 3d wk Nov.
91,228
90,475 4,203,064 3,7'72,015
Kan. C. Cl.&Sp 3dwkNov
5,274
5,683
244,284
2S9,955
K.C.Mem. & Blr. 3d wk Nov
28,403
23., 02
K.C. Wy. &N.W November.
43,600
30,357
389,570
261,672
Kentucky Cent November, 101,065
96,3-*l
976,281
9.35,488
Keokuk & West. Ithwk Nov
9,895
9,739
313,801
298,809
167,'i82
Kiusst'n & Pern. 4thwk Nov
5,272
5,179
180,564
Knoxv. & Ohio, septemb'r.
51.446
44,671
424,279
361,794
L. Erie All. & So November.
5.200
6,733
50,382
56.771
L. Erie & West.
st wk Dec
46,176
43,103 2,333,270 -2,011,811
Lehigh & Iliid.. November.
20,106
20,460
250,420
229,029
L. Rock & Mem. 4thwk Nov
17.698
54ii,334
15,566
613,028
Long I.sland
November. 247,829 240,163 3,255.325 3,198,574
La. &. Mo. River. Septemb'r.
48,271
40.718
331,733
333,012
Louis.Ev.&St.L. Istwk Dec
•20,512
20,487
981,905
958,621
Loulsv.it Na«hv. Istwk Dec
390,260 337,435 16,743,153 14,926,412
Louis. N. A & Ch. Ist wk Dec
44,090
40,944 2,284,950 2,114,896
Loulav.N.O. ifeT. Istwk Dec
82,044
59,234 2,656,690 2,157,456
Lou. 8t.L.ifeTex. November.
29,030
Loiiisv. South'n, November.
33,000
23,348
Memphis & Chas Ithwk Nov
44,220
34,091 1,.532,398 1,394,068
IMexioan Cent... Istwk Dec 143,166
99,302 5,821,092 5,334,116
IMex. National November.
287,418 229,901 3,324.750 2,142,.543
tMexican R'wav WkNov.23
73,983
81,924 3,765.093 3,499,324
Mil.L.Sh. <k West l.st wk Dec
68,961
50,411 3,283,074 2,697,033
Milwaukee & No Ist wk Dec
22,34'« 1,141,154 1,015,674
27,300
Mineral Range November.
8,567
9.233
99,954
90,995
Miuueap. itSt.L. November. 1 43,000 140,000 1,311,830 1,244,133
M.St.P. & S.S.M. November,
198,701 137,994 1,459,130 1,007,057
Mo. Kan. & Tex. November. 778,802 557,173 6,811,546 5,746,154
Mobile & Ohio
November. 280,079 277,445 2,727,632 2,293,784
Montana Uuiou, 8(!ptemb'r,
67.25;
582,941
60,132
543,782
Nash.Ch.&St.L, November. 293.989 261,571 3,196,460 2,840,155
N. Jersey ifc N. Y. August
26,031
154,906
24,087
157,031
New Orl. & Gulf November.
21,008
22,690
160,034
148,093
N. Y. G & 11. R. November. 3,113,405 2,994,242l33,O75,06';
82,733
N. Y. L. E. & W October.
2,805.002 ,502,310 22,844.991 22,607,253
N. Y. Pa. & Ohio August.
661,296 577,493 4,155,064 4,094,994
N. Y. & N. Eng. October.
538,346 526,447 4,0--5,889 4,450,649
N. Y. &North'n. November.
46,056
516,605
41,836
555,834
N. Y. Ont. & W. Ist wk Doc
36,276
28,250 1,714,208 1,505,619
N.Y. 8usq. & W.. October.
134,512 136,184 1,144,S83 1,195,608
Norfolk & West. Istwk Dec 117,864
105,420 5,166,447 4,572,996
N'theast'n (8. C.) Septemb'r.
42,444
442,764
419,685
39,503
North'u Central. October. ..
630,834 586,846 5,041,580 5,215,743
NonheruPacitlc istwk Dec 472,304 388,780 20,607,030 1 6,967.369
Ohiolod. & W.. November. 117,523 116,110 1,304,279 1,371,3-22
Ohio & Miss
1st wk Dec
94,217 110,433 3,806,148 3,578,295
Ohio & Northw.. November.
171,529
18,918
108,213
14,130
Col. & JIaysv. November.
812
7,713
669
10,080
Ohio River
437,054
Istwk Deo
11,735
554,535
11,589
Ohio Southern November.
506,141
53.289
480,942
48,411
01 lo Val. of Ky. Istwk Nov
110,673
133,770
3,773
2,455
Omaha & St. L October.
341,390
52,905
41.168
413,707
Oregon Imp. Co. October. .. 300,303 397,191 3,571,176 4,101,288
Oreg.R.&N. Co. October. .. 668,888 733,719 5,036,350 5,238,990
Oie.S. L.& Ut. N. iSeptemb'r.
610,422 512,386 4,746,821 4,074,531
Penn,sylvania .. [October.
5,857,772 5,146,158 50,526,380 48,503,141
Peoria Dee.itEv. Istwk Dec
630,873
663,284
12,320
13,631
Petersburg
346,403
October.
3< 1,555
35,187
392,754
Phila. & Erie...! October.
3,703,544
495,103 441,026 3,910,123
Phlla. & Read'g. October.
1,930,114 1,991,486 16,280,633 16,272,7-25
Pittsb. & Wcst'u October.
124,584 118.459 1,170,314 1,050,441
Pitts.Clev.i&T. October.
45,-271
394,557
415,569
48,245
Pitt8.Paln.&F. October.
221,153
23,8:1
242,005
29,890
Total system I st wk Dec
40,711 2,t)43,073 1,893,474
40,413
Pt. Royal & Aug. October.
268,313
253,949
30.851
32,398
Pt.Roy.A- W.Car. October.
255,037
41,621
283,488
34,358
96,817
Pres.AAriz.Ceu. November.
117,108
11,029
12,132
197,023
QuincyO.&K.C. November.
20,830
19,016
226,070
cR.&Dau. Sys' in Istwk Deo 244,150 268,130 10,631,096 9,474,195
218,794
Rich, ii Petersb. October. ..
23.704
24,761
244,518
Rio Gr. West.
November, 131,900 140.100 1,308,452 1,239,995
Rome & Ddcatur'November.
8,400
4,400
Rome W. & Ogd. Septemb'
332,822 324,129' 2,607,513 2,477,155
et. Jos. & G. Isl
1 st wk Dec
40.987
36,532 1,134,212 1,082,964
St.L.A.&T.H.B's: Ithwk Nov
842,883
999,122
24,790
24,8571
St.L. Ark. *c Tex. 1st wk Dec
93,802
73,4881 3,507,974 2,701,978
St.L.DcsM.&N.' November,
47,814
5,089
4,738'
55,458
5,852,'295
Bt L.& San Fran. Istwk Dee
121,743 114,548' 5,599,0:
Bt.l'aiil & Diil'tlrNovcmber.
128,915 118,487 1,-201,355 1,436,329
8t P.Min.& Man, November. 1,221,1-26
940,357 8,102,614 8,423,705
fiasr. of Minn. November.
116,042
26,465
MontanaCeut Novemb<^r.
53164
89,713
S.Ant.&Ar.Pass 4thwk Nov
004,107
35,379
23,592 1,267,030
S. n-an.&N.Pac. IthwkNov
17,921
17,168
Sav. Am. &. Mon. November.
107,908
20,493
179,123
20,053
Scioto Valley... Septemb'r.
500,457
72,8-36
476,017
59,678
Seattle L. S. i E, 1st wk Dec
7,03
3,315
204,723
Sheuandoah Val .November.
760,503
91,000
871,021
70,333
South Carolina November. 136,479 129,837 1,231,568 1,145,525
Ur. Rap.
The Investors' Supplement, a pamphlet of 150 pages,
contains extenied tibles of the Funded Debt of States and
Cities and of the Stocks and Bonds of Railroads and other
XLIZ.
[Vol.
'
I
.
!
1
I
1
.
I
I
DBOEUBER
Samina$
Latett
B0AD8.
ataten
^rekorMo
*
54,320
131,425
125,773
167,207
21,782
Lylcnua Valley October.
..
.
Lstwk Dec
M. Istwk Doc
ACin.. Istwk Dec
T0I.& Ohio Cent. Istwk Dec
Tol.&O.Cen.Kx. Novcinbei.
Texas
Tol.A
I'acillc
A&N.
6,04t!
Tol. Col.
30,502
8,216
Tol. I". & West.. 4tli\vk Nov
Tol. St. I-. & K.C. Istwk Dec
October.
Union Paciflc
Total systoml.. Septemb'r.
Valley of Ohio.. November.
Vermont Valley October. ..
Virginia MidVd. November,
.
.
18,39^'
52,731
131,878
95,953
146 824
16.402
4,558
19,910
8,113
20,160
876, 333
850.8H9
9<>7, •»4i:
1,221,83:)
741, 958
0,23 i, 852
895, 494
241, 177
815.540
5,862,330
633,440
174,400
1,172, 100
106, 900
1,122,213
79,045
816,155
17.607
179,700
258,000
] 0,450
65.052
62,800
77,000
110,535
71,817
latwk Dec
West November.
Western of Ala. November.
West.N.Y. &Pa. Istwk Dec
West. N. Car'l'a. November.
West Jersey
October. ..
W.V.Ceu.&Pitts. November.
Wheeling & I..K. Istwk Dec
* Aup. Septemb'r.
Wisconsin Cent. 1st wk Deo
Wrightsv.&Ten. October. ..I
19,026'
75,6111
87,972
8,4601
53,700
17,055
147,100
247,0(M)
8,900
46,037
60,700
67,249
0.409
60,865
16,859
56,028
65,230
7,996
H
tih ttuk of Sovtmhtr.
1889.
Orand Raptda A Indlkna.
*
840, 136
983, 081
5.30,526
25,396, ()65 24,960,1.07
28,168, 725 28,21.1,252
587, 9551
569,732
160, 775
153,969
1,953. 016^ 1.668, 90t)
12,112,,000 11,520,000
117, 018!
110,078
410.403
499, .56l!
3,227, 401 2,9,89.937
600,!I38
800,,788
1,320,,475 1,358,175
601,202
691,,888
817,,5«7
819,,177
548,091
617,,783
3,982,,670 3,600,905
16,72.i
787
i
66,,307
Other lines
•Grand Trunk of
•Chicago
A
dr. Trunk..
Kingston APembroko...
Little Rock A Memi-hlx..
Louisv. Evansv. A Hi. L..
Memphis * Charleston.
.
Ohio River
Penrla Decatur A Evaniv,
Ht L. Alt-AT. II. Brche«.
Han Antonio A Ar. Pas*..
Han Fraa.
A
No. Paciflc...
A
Seattle L. S.
Eastern
.
.
Total (83 road*)
Net Increase (9'BSp..
0/ Vceembcr
1889.
Atlantic A Paciflc
Buffalo Roch. & Pitta....
Chicago & AtLmtic
•Chicago & East. Illinois
Chicago Mil. & St. Paul..
Cincinnati Wash. & Bait.
Cleve. Cin. Chic.
&
St. L.
Col. &Cin. Midland
Denver & Rio Grande
Duluth
8. S.
&
Atlantic.
.
Evansville & ludianap...
Evansville A Terre H. .
Iowa Central
.
ErioAWestem
Louisv. Evausv. A .St. L.
Louisville A Nashville...
lioulsv. N. Alb. A Chic.
Louisville N. O. A Texas.
I>ake
.
Mexican Central
Milwaukee L. 8h. A W est.
Milwaukee A Northern..
»ew York Out. A West...
Norfolk A Western
Kortheru Paciflc
-Ohio A Mississippi
Peoria Decatur AEvansv.
Pittsburg A Western. ...
•Rich.
A Danv.
(8
roads).
8t. Joseph A Gr. Island..
St. Louis Ark. A Texas...
fit.Louis
San Francisco.
Seattle L. 8. A Eastern .
A
Texas
A
Pacitlc
Toledo Ann. A. A No. Mich.
Toledo Col. A Ciuciniiatt.
Toledo A Ohio Central...
Toledo St. L. A Kau. Citv.
Wabash
(consol. system).
Western N. Y. A Penn. ..
Wheeling A Lake Erie...
Wisconsin Central
Total (51 roads)
$
43.863
36,960
312,000
51,377
58,367
591,000
50,270
231,518
7,062
162.000
19,237
5,367
18,086
29,315
4.943
46,176
20,512
390.260
44,090
82,044
145,166
68,961
27,300
36,276
117,864
472,304
94,217
11,735
12,339
40.4ia
244,150
40,987
93,862
121.743
7.035
167,207
21.782
6,046
30,502
25,845
258,000
62,800
llj,026
87,972
4,417,969
1888.
Incrtast.
$
Dttrtat^
$
65,207
41,012
281,000
44,915
72,251
528,287
43,200
227,217
6,692
150,000
18,730
5,251
15,294
32,451
5.278
43,193
20,487
337,435
40,944
59,234
99,362
50,411
22,348
28.250
105,420
388,789
110,433
11,589
13,631
40,711
268.150
36,532
73,488
114,548
3.315
146.824
16,402
4,553
19.910
16.725
247,000
60,700
16,859
65,230
3,999,263
$
21,344
4,052
31,606
6,462
13,884
62.713
7,070
4,301
370
507
116
2,792
iXie
335
2,983
25
52,825
3,146
22,810
45,804
188?.
4,952
8,026
12,444
63,515
16.216
....
298
24,000
Gulf Col. A Santa Fe...
Southern California
Buffalo Roch. A Pitts ....
Chicago Ht. P. A K. City.
Chicago A West .Michigan.
Cincinnati Jack. A Ma<*.
Clu. N.O. A T.P. (5 roads),
anclnnati Rich. AFt, W.
Cleveland Akron A Col ..
Cleve. Clu. Ciiic. ASt.L ..
Color.ado Midland
Ool. A Cin. "uidlanrt
Detroit Luus. A North
Bast Tennessee Va. A Oa.
Flint A Pere Marquette..
PloridaCent. A Peniusula.
4,742,654
589,171
1,123
1.1611
1C5.178
138,185;
5.218.056
586,901
37,183!
5:',,
55.490
107,334
5n.386
33.2241
30,(36
16,239
16,281
291.781
9,660;
]:.851
361,968
40,185
9,885
25,561
179,150
50,995
30.694
Kl,79:
21ti,4t)l
10.570
15.570
280,883
43,801
7,980
26,034
142,981
62,543
22,193
latest
months and the
totals for the fiscal
this
tablet follow-
weak, the returns for
The
flgores oorer the
from January
totals
1,
and
com^ :nies whose
year on those
Ottobtr
1888.
.
1889.
also tho
year
fl-ical
r-Jan. 1 (0 <M. 31
1880.
1888.
^
Raadt.
8
$
$
*
Atch. Top. A: 8. Fe*. Gross. 2,171,503 2,059,875 16.791,238
961,907 744,745 0,233,936
Net...
4,369
52,388
6,971
St. L. K. C. A Col. .Gross.
def. 303
1,649 def. 1,308
Net...
GuU Col. k B. Fe.. Gross. 383,904 434.010 3,194,453 2.539.463
558,812 d«f. 4.003
273,948 132,298
Net...
896.623
846,762
84,122 106,845
.
CalUomia Central. Grose.
134,944
132.814
19,030
21,180
Net...
'
612,594
81.500
61,070
California South'n.Grosg.
65,960
11,547 def. 1,065
Net...
Tot. Ilne3 oontrTd. Gross.!12,907,568 2,686,605 21,497,453
Net... 1,268,080 895,849 0,993,215
1,284,263
242,314
1,308,238
133,190
Atchison's half. ...Gross.
51,153
31,434
Net...
Gross. 3,040,758 2,843,651 22,705,093 21.409,840
Grand total
892,615 6,044,368 4,643,937
Net... 1,299,514
Denv. & Bio Grande. Gross. 810,220 732,803 6,583,011 6.386,466
396,303 283,029 2,695,777 2,113,423
Net...
Mexican Central.... Gross. 568,364 499,368 5,134,771 4,806,417
242,481 244,410 2.283,189 1,890.403
Net...
383,126
486.511
48,728
63,924
Gross.
Ohio Elver
168,579
240,164
24,373
37,490
Net...
390,363 397,191 3,571,176 4.101.288
Oregon Impr'm't^Co. Gross.
495,103
185,684
124,584
59,368
Net...
Pittsburg A Western .Gross .
Net...
July 1 to Oct. 31. ) Gross.
4 months
Pitts. Clev.
&
sNet. ..
Tol.. Gross.
45,271
15,901
.
—
)
,
Net...
Gross.
.
)
23.831
6,278
4 months
Net...
Gross,
J
July 1 to Oct.31,
Net
.
193,686
81,546
.
Gross.
Net...
Jaly 1 to Oct.31, ) Gross.
5 Net. ..
4 months
.
ToL A Ohio Central. Gross.
Net...
Total system
84,567
135,845
57,378
JulyltoOct. 31,)Net...
{Gross.
4 months
Wabash
490300
0,012,911 4.719.-230
1,638.970 1,222,537
1»7,269
94,662
24,319
47,957
40,357
. .
10,224
5
.
Vottmiitr.
2,508
293,989
118.480
2fil,.'i71
Net...
104
25,542
8 months
Nash. Chat. A
St.
**10
2,281
81,085
Pres.
A Ariz. Centr'l. Gross.
Net...
West Virginia Cent. .Gross.
**
473
36,169
i i h-is
•
Including the Chicago
107,837
11,929
7,221
71,817
25,450
line. Pt.
Joseph
115.'J27
3,19B,4<;0
1.395,2<;9
1,531,.559
12.132
8,570
60,865
18,700
«28.874
117.108
76,627
691.888
2 1;- .386
I,
l,;i.'>0.139
&b2.650
96.847
61.259
601 .-iOS
186,544
RR, Chicago Kansaa A West
Tr&^'^rVroes ^o?ynrd^cTuiS^s on
pany.
8
16«.(H)2
260,080
>
July 1 to Nov. 30, ) Gross.
jNet. ..
5 months
*
30.^
1888.
362,175
31.450
16,072
Net.
Gross.
JNet. ..
L.Gross..
Apl. 1 to Nov. 30,
1 to .Tot.
1889.
%
38,902
20,155
Cape Fear A Yad.V. .Gross.
38
^Jan.
8
$
Hoai'.
.
1888.
..
16,151
4r>4.ie3
184.813
219,660
394.!>57
415.509
48.245
111.764
98,506
16,939
178.106
172,179
67,914
47,631
221,133
24S.605
29.890
9-2.649
83,190
13,707
119.347
100.443
67,515
83,764
196,594 1,828,487 1,666,151
611,861
608.184
83,021
761.618
763,427
800.343
303,<>43
993,180
135,670 1,015,.539
301.839
380.503
08,919
44< 1.029
491,694
134.631
208,550
.
July 1 to Oct. 31, ) Gross.
4 months
S Net
Whltebr'st Fuel Co.t.Net...
July 1 to Oct. 31.) jjgt _
1889.
30,304
2,270
900,496
607,509
3.906,758 4,472,493
976.269
607,741
441,026 3,910,123 3,703„544
169,396 1,538,418 1.499.783
118,439 1,170,314 1.050,441
407,448
476,429
02,375
68,429
10,714.424 10.203.86
(cons, sys.) .Gross. 1,344.207 1.234.790
478,451 313,902 2,712.6.57 2.114.997
Net...
Deereate,
33,007
8,501
1.708
78,8M
does not correspond with the calendar year.
*
1,905
7M,SS0
kept standing from week to week.
s Net.
4 months
Painesv.AF. Gross.
2,167
22,742
42
45,320
7,270^84
701,8891
Pitts.
1,488
10,502
9,120
11,000
334
3.mM
show the net earnings reported
July 1 to Oct.31
20,374
7,195
3,720
20,383
5,380
505,706
4.183
20,100
each road being published here as aoon as received, but not
4.45'5
$
Prev'ly report' J (43 roads)
At. Top. A S.I". A I'd roads
St L.K. C. ACol
•7
e.).
.
1.302
nereate.
3,330
11.797
Met Earnings Monthly to Latest Datea.— The
4 months
1889.
'i'.iMJ
10,120
4,7««
17,1 88*
63,693
418.706
Ket Increase (10-47 p. c.>
* One day less In 1889.
For the fourth week of November the statement is now
complete, and cjvers 83 roads. The aggregate gain is 9-8u
per cent.
Afh veek of Knvember.
0:1
3,13J
For week ending November 30.
*
Deo. 1 to Oct. 31, ? Gross.
(Net...
11 months
Fblladelphla & Erie. Gross.
18,5.50
503,273
a.809
•J7a
1511
Boads owned Jointly—
12,000
Hi
008
1.317
4.148
|33,0»2
7,97-^,2101
.
Latest Gross Barninys by Weeks.—Tlie latest weekly earn"
inES in the foregoing table are separately summed up as tollo ws
The returns of earnings still continue very favorable, and
for the first week of December there is a gain of 10'47 per
cent on 51 roads.
8,110
S,fl5S
308,380
07.343
30.317
8,103
9,739
0.170
io,soe
36,A35
S4.091
10.083
17.816
24,857
17,921
0,903
18,392
A We«tem.
Toledo Peoria
67.7M
S2,046
4.988
370.497
71.391
18,008
0.378
9,895
5.272
17,698
35,267
44,230
ia,S5l
18,587
24.780
35,379
(^anaila.
•Detroit (ir. ». AMU..
Kanawha A Ohio
Keokuk A Wentern
ing
t Including lines in wlilcb half ownership is held.
; Mexican cur6 Includes the Memphis
a Wabash R'way now included.
rency,
e Earnings of entire system. Includtng all road operdivision in 1889.
ated, d Richmond & Allegheny included In both years. / Includes Fort
e For the first six
Worth & D. C. for first three months in both rears.
months includes combined earningi of the old C. C. C. & Ind., Clu. Ind.
St. L. & C. and Cairo Viu. & Chic.
g Main Line only.
l»t vj «fc
/iMrwaM.
1888.
188.S.
*
,033,314
,011,617
52,301)
Wasli.O.ife
Wll. Col.
1889.
25,845
3, ,818,524
1 to Latest Dot*.
1888.
3, ,331,320
. .
a Wabash
Jan.
Rtported.
1MS9.
Rap. T. November.
I.
Summit Branch. October.
*
THE CHRONICLR
14, 188«.j
stocks
owned b, ih. com.
788
'JBE
CHROMCLE.
ANNUAL REPORTS.
[Vol, XLlx.
8ECDH1TIB8 ACQUIRED.
R. A D. stock..
E. T. Islprof. stock
"
$71.1,400
GeorBiii C,
Richmond & West Point Terminal Railway &
Warehouse
1,92:^.200
trusts...
Oe«r>:iaPiiciac(onsol. 2rt mortKace 7
Qcor/ijaPaoiHciiHOiuemortiraire bends
1—
niortjcago
» -ri; _
Company.
?o N -q
SX, X2
Sqi'^ito
•
-,
CFor the year ending November
30, 1889
R.T. Spcrceutcol. trust l>ondi
R.T.pref. and other j,tock»
h,. T. Ibt extension
mortgage bonds.'."."!:;.".'.';:";::";";;";
J
At the annual meeting in Richmond on the 10th inst.
foUowing directors were elected: T. M. Logan. Jamei the
B
Pace. John A. Rutherfurd, George J. Gould. Simon
Wormser;
John G. Moore, Edward Lauterbach. George S. Scott,
Samue
Thomas, Calvm S. Brice, John H. Hall James sXrm
Charles M. McGhee, John C. Calhoun,
nek Calhoun George Hoadly, Edgar M. Johnson.
M Climan
'*"""^1 report was readZd
rnJ,^!l''/r'f^r"'''''^- J^""
contamed the following salient remarks:
' Durmg the past year your
company has materially
SKCU RmES SOID.
R
common
T.
300,000
sq.-, rnn
2fli fi^S
i,.iai,d32
moitgago...:
Georgia Pacflc con. 2d mortgage..........
Gtotgia Pacific income bond ioi in
W^ S^lTp^I
'o'-nS
»7.c 21 ,03i
Virginia Midland general 5 l>.r(*nt
bonds....
G.orga KaciHc Railway
^Irrn
Ist
SihUl
,
"*
91
00
loo .no
inAAon
100,000
stock
44C.'
i8t
"I'lort'g^'ebo'nds::::::::
kI!!!JM!® & Augusta
Kno.xN lie t-^"*"*'.* stock... .._
1
$3, 145,104
Common stock Increased
strengthened its position.
position
Attentioi; has been
pay partly for T, 1 ;^4 of V??'^^? r!j"n5'?' '"''""' *'-024 shares to
directed to unifying the railroad
62,504
acquire 19,2a2 shares of
7fstems T^u ron'troSpl^ E.T. \'a. &Ga. Ist prof.R. & 1>. anl 62,o04 to aconlrc 10 5>:i9 uh„ra„ ,.»
simphfymg the classes of your indebtedness, and securing
ana
Following shows chang. s !n interest bcarlue
bettei
better
"^""^^
~"
debtand more harmonious management of your
^ -'
,.
^
properties. In
every direction your company has made satisfactory
^cTfS*rXcra\,^o"n":\'.^.'!'«''''-''-"^"^^^^^^^
progress.
It has paid off the floating debt incurred
in the purch^f
the Georgia Company stock, acquired 7.134
shares of the stock
* Danville Railroad, taken up .$3,429,000
^„!i of the n""^
Total 5 per cent bonds Issued
bonds rf? Georgia Company, and acquired a
«^ 7<n nnn
sulficient num- Increase in. bonded
debt
ber of shares of the East Tennessee Virginia
";;::;::;;:;::;;:::;:'
^isolooo
& Georgia RailINCOME ACCODNT YEAR ENDDIO NOV. 30. 1889
^""'r'^^ ^'^'^^-'^ ^
Dividends R. & D
roSr»S?rfprrt5?^'^ai,-, "-.k
Charlotte Col. & Aug
* Si'.'i?
"An important step in the direction of unifying the
systems E. T V. & Ga preferred, Dec. ims::'"
of railroads controlled by your company
J^'nno
was taken in t^e pw!
^^^^
cease of the outstanding stock of the
Co.
f.?!:'
Richmond & DanVille Georgia on stock
t?,V?.^2
Interest
sundry bonds
Radroad Company. Your company now owns all
^^".ll"\\]l[""[]
15t!'950
the stock of
this company except 256 shares, and
lias not only
Total revenue
„, ,.„_ .„„
control of the Richniond & Danville
$1,565,169
Railroad
Expenses
^ but Interest on
receives nearly aU of its net earnings.
6 per cent col. trust
"
$361,920
Interest on 5 per cent
Of the East Tennnessee Virginia & Georgia
••
RR. the report Dividends on preferred stock.
73.! 82
rv
Ays t
249.837
Interest on unfunded debt...
" By the terms of the agreement under which
136.294
this pronertv General expenses
75,078
.
1,
-
P^™—
,
cSete
Comp^
to elect eisht out of fifteen directors for five
years from the
date of said reorganization, or until two
consecutive dividends
of 5 per cent had been paid. It became
apparent last ylarthat
the earnings of this property were such
ttkt the directors in
justice to tie junior securities, would
find it proper to pav the
full 5 per cent dividends upon the
fli-st preferred sTo^k
and
that tlie right of this stock to elect a
majority of the board
would expire this fall. It was thought wiie,
therefore to^quire such an ownership of the other
classes of the stock^f
that company as would protect your
company's large holdkigs
of the first prefen-ed stock and give you
a controlling vUc^g
the management of the East Tennessee
Viiginia & GeoreS
^ilway. With this view your company has
Icquired 19 f^
shares more of the first preferred stock in
the manner stated
the Treasurer's report, and such an
amount of the commo^
^
SJ.^
7fT^^Z:nji'
" ^"^ ^^-^ ^°- Perm^e^TZ"
^^^^
statistics
show only
f^IJijf .'^T'J.'^^J'^
^''^' ^^^ ?*'*'"'^S °f ">e
ftZt^
%t
yZ'irTt^LlVn!,!r
°'
$7,932,000 of first pre-
common or second p^
"--"«- -l^-d-during^?^
„/l?^o *''™^ °^ *'^® contract for the purcha.se of the stock
of the Georgia Company, yom- company
reserved the right tS
teke up a large amount of the Georgia
Company's bond! I?
has been deemed wise to exercise this
option /ml vour com
pany now
Total expenses.,
$897,1
Ntt surplus for year..
Profit
and
loss balance to credit
FloatlngdebtNov. 30, 188S
•'
•'
Nov dO, 1889
iSOY. ^O laQQ
Nov. 30, 18E9
$"3"^
ment
of $4,000,000 Creorgia Company
bonds,
a hen upon this stock prior to the lien of which bonds are
your consoHdated
5 per cent bonds
By depositing these bonds under the toras
--—
««..v..»,^u ij.oi vA)iiai,erai
moi
--t^age your
,%''^t
^n'i\T„^°'l^„^^l«?l-ll^i-'il
bonds become a first lien upon these
40,000 shares, and are
thus given an additional value."
*
°^
«J-!?i®7°''*''^
°°'f *^'»* yo"r cash income during the vear
""^^^ees by $533,806?Vnd That
lf^4o'*^?iT ^"^"."5' to this sum
$134,550 will be added H'''^
when the coupon on cer-
?ear'^:%T"''"°"^*''^^°"/
"^^^^
accruin/durS'gThe
'^ especiaUy invited
to the verv low
^ol'T?"'"*?**^",*'"''^
capitahzation of your properties. The
Treasurer ha/prepar^
!tT,ti''*^''^'*'"^*°?'°«*^cting tables on this subject^S
average of
"
November 30 ^?SSQ with all your^V'' ^"""^ chargis, as of
1S«9, ''^H*''^,,'^*''*
leases capitalized on the
basis of 6 per cent, as you
will see by reference to thp
Treasurer's report, is only $19,606
per mile, and the average
Kl^S
CTe^ter
•"'^^"'^'"^ ^''
6 -^0 'r.r""'^*,'^'^^'^^'
your own stSI!
company already owns the
part'ofthfhiJ^''''-- I"^"^
the high-priced stocks in your
system
practi
cally oiiPof the Richmond
aU /»^
Danville. 84:232 sh«rn= ,,f fiLT"
preferred stock of the East Tennessee
out^of a total of 110 000
shares and 40,000 shares of the stock
of the G«,reia Central
out of a total of 75,000 shares. Your
dirLto^'^Lve that
your STstem can be so unified that its
capitalization will nnt
^m.
&
—
giving a total of $32,.j00 per mile on a
system of 7,520 miles
ili
«i -jn'aRn
>4,/40,SbO
2,941,666
"
Decrease in floating debt
GKNERAl. IJAI.AKCE NOV. 30, 1?89.
I}r
S'oeks, bonds and property
iiiUs nceivable.. .....:
Due by companies oontroUed.. .::;;;;;;
Cash
$1,799 193
««Qfi^i^-Q
*
ll'oil
'
'
-ttlnia
o
nf
,
*"
Common stock
PreJemd strck
6 per cent
sxn iko a^n
.;:
—
collateral bonds....::
per cent
Bills payable
j>
$69,876,710
**
*•
Coupons uno<lle«ted...
•---••--...
.
——
.
::;;::;;
,
*'?'n^,^^SR
?'^nnvli^
o,nuu,vjuu
9'q??'2?a
ion-?
icAi
,,n-ii3<9,o45
.
Preferred stock divideid
Profltandlosa
unc'oliect'e"!":.:::"'
--
$69,876,710
***
owns $3,429,000 of these bonds. Thr^O
000 shares
of the stock of the Central Railroad
& Banking Companv of
:
$668,356
GENERAL INVESTMENT NEWS.
Baltimore Cit.r.-Mayor Davidson has given notice
to
Ba timore city stock due January 1, 1890, knownthe
holders of
as
•°*'''"^'^*
""^
on Dec. 31 1890, and that the commissioners «tock will cease
npnll™isin" ^T.l l¥u*
of finance will be
prepared to commence the redemption at the
City
office
Jan.
t'^'^t
Register's
This stock was &ued as a loan to the B *
"" the sinking fund toward redemption
ai;n^7so ?nA I^c^''%f remaining
about $2,500,000. Tlie
$2,500,000 will be provided
by the B. & O. RR. Co.
2, 1890.
Fitchburg— Boston Hoosac Taunel * Western - -The
Burt
suit against the Continental Construction
Improvement
Company which has prevented for several years a
Uon of theassets, has been settled. The companv distribubuilt the
&
Boston Hoosac Tunnel & Western RaUroad;
and acquired
an equitable hen on the property. Tl e Une wiU
consohdated
with the Fitehburg Railroad in 1887, and
preferred and com-
mon
stock of that
company
are held
'^^'^
m
common
the treasury of the
stock,
amounting
^pmo nnn""" ""T"?^^:
$2 000,000, was held in trust to secure anv cUims against
the
old companies, and tlie preferred stock
was issued at the rate
ot a half share for each share
of construction
amount to be paid to the Burt estate is about stock. The
Mr.
Wm. H. Holhster, 120 Broadway, the President$23,000. Conof the
struction Company, in a circular dated the
10th mst.. says
bteps can now be taken towards an adjustment
of the conditions imposed upon this company
by the contract « ith the
Company, of May 4, 1887, and a liquida«nn .f'?^^ affairs of this company,
tion of the
and will be inaugurated at
*
once, under advice of Counsel."
to
•
^^'^^
% "*"''*" C'«y--'nie annual meeting was held
"'«f- Messrs. Morgan
at Fn"^ w"""!!!
C
G.
Dodge, T.
M n^^^^w'li °° ^'Jf
W. Pearsal
T.
Sommerville,
were elected
He
,
J.
I?"'
Jones,
Dan. Carey,
E. Smith, J. M.
W.
N. Harrison.W
R. Walters
Brown and
directors. Morgan Jones was elected President.
reports gross earnings for the fiscal
year ending October
December
THE CHRONiCLE.
14, 1889.J
lluJhi^'^'^' operating expenses, $861,880; net earniniw,
1538,697. The suni of $350,000 has beeA exixinded for
nfw
machinery and locomotives.
—
....389
—
wlien nocmarjr for tenninala and aeoond
"' " *"" mwoiHi tncka
uncu, anil ui
i 1
o v.
socure.1 by firsf mortgage on 148 mile« of
nUlway, In.lu.Jing
86-5 m.Ies wli.ch will l)o immediately
rekMed fro^ Ihe
<2
lufcrnational & Great Northern.—The Supremo Court In the Utah Central iii-st mortgage, and by Moood mortMc*
(witti |)rovurion for retirement of all iinderlyinK
Texas has reversed the decision of tlie lower court in the
fli»t mortoM
proceedmg of the State against the International & (Jreat North- bonds) on the remaliiitig 1,313 miles of the Oregon HbortUM
<B Utah Northern liailway Oimpiny'n Hv..f/.in
ern.
Tlio case was entered in January, 1887, for the
n... nawniMit
purpose
of interest on tlio first days of April ai.
of forfeiting the chiu-ter of the corporation and likewise
iMh tmt
the
Ls gua,ranteed by the Union Pacirtc
tax exemption contract which bore date 187.'5 extending
Cu.
lio scra«K
over
ment in the same way tliat payment of iutur»«l v,.. v„ Ongaa
tventy-fivo years. The lower court at Austin held tliat it
.
-..^.„v on the
„ r,
r--.
l>ad «,
,
Short ,
no authority to forfeit the franchise of the corporation, but it ^"''" Line Railway Comimny 6 per cent bou<la b
Itadway
8
bou.ia
^'"J'
""""""*
guaranteed.
declared the tax exemption contract forfeited. But now
on
appeal the tax exemption for tlio property is sustained by the
Railroads in New York SUfe.—The following reports
for
court of last resort. This is an important decision, involvinir the
mvoiviug
iving
year ended Sept. 80 have been fUed wUh
the ^Ihwil
••"«»
about .SI. 000,000.
Um
-
.
—
~
mm
,
Commissioners:
Kanawha & Ohio.—At Columbus,
Dec. 10, a decree of foreclosure in the case of the Mercantile Trust Company, tnistee
18S8
1889.
against the Kanawha
9904,084 $863,6(0
Ohio Railway, was filed in the Circuit Grosseamings
465,800
Court of the United States. The Court finds ttiat there is due Oper oxp. (exc. of taxes) 46? ,889
$34,800 in interest on the bonds due July 1, 1889. The propertv "
Net oalTilrigg
$444,195 $397,854
r iOtber Income
/
is to be sold for not less than $500,000.
14,191
5.36}
&
I8B8.
1889.
•7.36M10
$7331.003
3,311,054
1.078,264
$« ,025,096
$3^8.838
Little Miami— Pennsylvania.—The differences between
Total ineome
$t.18,:!S6
$403,219 $4,025,056 $3,658.8M
Fixed charges
these companies, as lessor and lessee, have fortunately
174,913
181.184
2,2u4,996
'.<.19«,710
been
settled and the suits dismissed. Tlie back dividend of 3 ijer
Balance...
$283,173 $222035 $1,820,600 .$1.4A9,16S
cent to L. M. stockholders is paid now, making 4 per cent in Dividends
200,000
200,000
December. The Cincinnati Commercial Gazette says
Surplus.
$83,473
$22,035 $1,820,060 $1,459,168
"The Lll tie Miami waives a strict construction of llie clause in the
contract wliicli provides tlmt betlerincnts sliaU bo made on 'coiKur
--Blalen It. Rap. fVaif.-.
rent resolution of tlie two Boards, and will under this waiver
IStt.S,
18>)».
reimburse the P. C. & St. h. for several Iteim of oxpeudituro on which the Orosa earnings
$456,768
OperaUng expenses (oxol, of t»ie«)..'.'.I.".'.';;.';.'. ti\> 127
Little Miami Bonrd was not previously consulted, the
26e!844
277.989
Pennsvlvaiiia
Company hulding that such waiting on a concurrent rcaolutiou" of the
Net oarnings
,_
L.iltle Miami B ard would make certaiu transactions Impossible
ai 47 7112
$178.^29
or un- Other income..
necessarily cos ly. Under this portion of the pomprouilse the L
I..."Iir.!;;"."."l";il. ll^isTO
107.679
M
Company takes ff of the hands of the P. C. & 8t. L. several parcels of
Gross income
real estate, concerninfj the purchase of which they were not consulted
$296,623
$2£6,ftOS
Fixed charges
Theamount of be'terments to be paid for under the agreement now
271,422
301.28a
reacted remains as befo e in the neighborhood of half a nillilou dollars
Balance
for which the Little Miami directors will issue bond", 7 percent
sur.$2.^.20O
<l«r.$4,477
on
which wi 1 bo guaranteed for them, and paid by the P. C. & St. I,. Co
St. Louis Arkaniia^ & Texas.-The reorganization plan has
These bonds are exchangeable when the Lttt'.e Miami cai)ltal stock
been agreed to by the several committees, but for some naaon
shall be siilHeit'ntl.v increased for the purpose for 8 per cent
guaranteed or other
the details are withheld from publication. It is understock of the lessor company, the lessee company guaranteeing the Interf St as It does on the original stock."
stood that a new 4 i)er cent mortgage for $20,000,000 will be
Memphis & Charleston.-The Supreme Court of Alabama issued the old firsts will bo exchanged for the new bonds,
and will be given an income Iwnd for the concession in interest;
lias decided in the suit of the minority stockholders of
the
Memphis & Charleston against the East Tennessee that the the old seconds and stock are to be assessed, but to what extent
latter company is pioliibited by the laws of Alabama from vot- cannot yet be ascertained.
mg the majority of the Memphis Charl. stock, which it holds.
Scioto Valley.— At Portsmouth, Ohio, Decembm 9, Judge
Missouri Kansas & Texas.— There is nothing new to report Dever, of tl\e Common Pleas Court, issued a decree for the
in regard to the reorganization plans of this company. The sale of the Scioto Valley Railway. Receiver Robinson wag
Olcott Committee points out that their plan shows obligatory appointed a Special Master Commissioner, with instructions
interest charges after five years of $3,477,330, and that the to fix a date and advertise the sale. The minimum prices for
amount of about $3,000,000 ($3,997,330) includes the dividend the sale are §1,000.000 for the road from Portsmouth to Columon the proposed issue of preferred stock and is therefore the bus, §35,000 from Portsmouth to Ironton and $48,000 on
amount of fixed and contingent charges ahead of the com- equipment. There is a pvu-chasing committee which will
mon stock. But there is a considerable amount to be jjaid probably take the road in.
annually for taxes, which have priority over all other charges,
Wabash. In the last issue of the Investors' Scpplemejct
and must be added to any estimate of interest payments, to the earnings from July 1, 1889, were stated as from January
show the full fixed charges.
1, an error quite palpable to those following closelv the company's traftJc, but which should be corrected for the benefit of
Missouri Paciflc—
statement issued by Dow, Jones
others.
now liave the gross and net earnings to the end
Co. from "an ofiicial report" gives the earnings and income
of this company for the ending June 30, 1889. The main of October and give them in detail below for the period from
July 1 to October 31— four montlis.
The October statement
figures are as follows: Gross earnings from traffic, $9,692,835;
net, $3,537,866; net income, including other sources (divi- will be found among net earnings on another page.
TOTAL EARSISCS FROM JOLT \ TO OCTOnKR 31.
dends, interest, &c.), $3,469,885; interest charges, $3,684,380;
From.
other charges and expenses, $689,573; total cliarges, $3,373,853.
1889.
1888.
Inertate.
Deertaf,
Freight
.$3,470,241 $3,113,680
$356,563
The surplus over and above all cliarges was $96,033, dividends Pas.senger, lr>cal
749,060
697.,599
51.466
of 4 per cent paid on tlie stock amounted to $1 ,7.58,994, leaving Passenger, forelRn...
451,922
552.177
$100,253
-.--—
"'
a net deficit for the year of $1,662,963. The Iron Mount. Road, a Mails
112,269
118.123
5.854
Express
119,029
137.474
18.444
part of the system, had a net surplus over charges of $366,044.
Miscellaneous
101.529
106.028
l.«09
New York Stook Exchange.- New Securities Listed.—The
Total
.$5,012,311 $4,719,229
$293,681
following have been added to the lists for dealings:
3,373,941
3.496.692
122.751
Chicago & Kvstern Illinois Railroad.—$358,000 general tlrst Total expenses
mort. fives, making total listed $3,679,000, and f 1,000,000 common
Netearnlngs
$1,638,969 $t,222,S37
$116,432
stock, making total lis'ed $6,197,800.
East Te.vnessbe Virginia & Ge >Rf:iA Rulway. -$320,000 flrg
The fixed charges are about $375,000 per month, or $1,100,mort. extension lives, making total listed «1 ,320,000.
000 for the four months.
LooisviLLE it Nashville Railroad.— $225,000 first mort. fives,
fifty year bonds, making total listed $1,764,000, and $19-2,000 first
Western Union Telegraph. Tlie estimated net earnings for
mort. fives (f the Nash. Flor. AShef.R'y, niakii g total llsleil$l.y20,000. the quarter ending Sept. 30, 1880, were $1,750,000: the actual
N. Y. Ont. & West. Railhav.— «3.500.00 ) consul, first m>rt. fives.
were $3,008,045, or $268,045 more than the intimate. The
RiCH.MO.ND.t Danville RR —$500,000 equipment sinking fund fives.
Union Pacific Railway.— $2,058,000 4'« p. c. gold col. trust bondst estimated net earnings for the quarter ending Dec. 31, 18^
The Denver South Park ,t Pacific gold sevent of 190>, 'rust receipt* for comiKired with the actual results in the same quarter of 1888
the same and the capital stock were ordered to be stricken from the list.
are as below given. An extra dividend of =^ of 1 per cent.,
WABA.S1I Railroad.— $3,100,000 additional ee ond mortgage five per
in addition to the regular 13^ per cent, was aeclared.
oent fifty year gold bonds, February, 1S90, coupon, stamped.
-\
/—
Quarter ending r>fc. 31.—
Oregon Improrement Co.—The consolidated mortgage re£«(i'ma<«rf 1 889.
Aeiuat, 18»f.
ferred to in the Chronicle of Oct. 26 has been filed, and copies
$2.000.0CO
Ntt revenue
$1,685,808
can be obtained at the office of the company. Mill's Building,
Deduel$192.3?6
$213.8.^0
New York. The mortgage is dated Nov. 1, 1889, and bonds Interest on bonds
20.000
20,' 00
are due Oct. 1, 1939, bearing 5 per cent interest payable April Sinking fund
233.850
212.336and October.
$1,766,150
Ifet revenue
$1,473,472
Oregon Short Line & Utah Norihern— ITtah Central.— Less dividend
1.723.820
p. C
(l>4p. c) 1 077.a76
Notice is given to the holdere of first mortgage bonds of the
$43,330
Utah Central Railway, due January !, 1890, that they can re- Surplus for quarter
S396.096
9.308.208
7,323.758
ceive for each bond of $1 ,000 one of the $1,000 Oregon Short Add nominal euri>lii8 Sept. 30
Line
Utah Northern Ilailway Co. consolidated mortgage 5
$8.319.S54
$9,350,538
Nominal surplus Pec. 31
per cent ixmds, bearing interest from January 1, 1890, and $40
Wheeling & Lake Krie.— This railro.id company has noticash (in addition to the coupon due Jan 1, 1890). All bonds
fied the Stock Exchange of the i.ssue of 35.000 shares of comnot presented for exchange in accordance with these terms wiU
time since. The procee<ls will be
Utah mon stock, authorized some
be paid in cash. The principal of Oregon Short Line
used for the extension of tlie line from Bowerston to Martin's
Northern consolidated mortgage 5 per cent bonds is payable
Ferry, Ohio.
April 1, 1919. The issue is limited to $35,000 per mile of completed railway, with provisions for issuing additional amounts
tr For balaace of iDTeaiaeat itens ••« pace 7>3.
:
'
<
;
&
—
A
&
Wo
"
—
.
!
&
m
&
)
THE CHRONICLR
790
and
%epoxts
ILLINOIS
[VoCi.
XLIX.
fi^ocumcnts.
CENTRAL RAILROAD COMPANY.
REPORT OF THE DIRECTORS TO THE STOCKHOLDERS FOR THE H 4.LP-YEA.E ENDED JUNE 30, 1SS9.
The laws of Congress and of several States now reauire from the IllinoU Central Railroad Company an annual report for the
twelve months endins on June 80. Henceforth the fiscal year of this company will begin on July 1 and end on June 30. This
'-'^'change makes necessary this report for the half-year from January 1 to June 30, 1889, which your directors submit herewith
90
The (trosa sum receive! by thia Compiny daring the first half of the year 1889, from tha trafflo of 2.275 miles ot railway, has heBQ.$ri,430,829 81
>l,o'i3
:
'
DiirlUK' the lorrespDnrtint? half of 1488, the gross sum received by this Company, from the trafllo ot l,95i miles of rallw.ky,
Tli« lot eaniiaits of tlio railroads of this Company, for tha first half of tbe year 1839, Wi;re
And for the same period in 188S
The
available sum,
from
all
sources, has
been
—
:
Surplus dividend fund, as declared In last report
Interest on bonds in that fund
was
..
5,4
81
1,«40,189 22
2.403.J.57
$163,516 91
3,260 00
Traflic
„ „. _„„ _«
2,463457 81
404,730 90
New York oflioo
$2,988,330 62
From
this
sum
there has been paid
Interest on bonds
Rental
Cliicajro 81.
Louis
& New
:
$733,087 50
752,625 57
100.4 10 58
Orleans Railroad
Permanent improyements
$1,402,226 97
Leaving
Oat of which
^Qf-ios 65
there has been taken the dividend payable September 3, 188
There his been carried forward to surplus dividend fund (invested
1952) and set apart as applicable to future dividends
',
I,2u0,o 0a 00
three per cent on $10,000,000
in IlUnols Contr.il four per cent gold
bonds of
$202.226 97
persistent disregard by certain Railway Corporations during the years 1897 and 1883 of the law forbidding special
The enforcement during the period now under
secret rates subjected all who obeyed that law to great disadvantages.
review of that law and of a statute enacted by the last Congress, requiring three days' notice of proposed reductions of
rates, has put the law-abiding corporations on a better footing.
The increase in the gross and net receipts of your railway
affords gratifying evidence of its earning capacity when not hampered by secret competition.
While your Directors were prevented, by the Charter of this Company, from delegating the power of fixing rates of
transportation to an Association of Railroad Presidents, formad early in January last, they have, without injury to your
interests, or those of the territory served by your railway, maintained rates in harmony with those agreed upon by the Companics represented in that Association.
The work upon the Chicago Madison
Northern Railroad is approaching completion. With the exception of arranging
the details of several crossings of other railways In Chici^o and of building a viaduct across the tracks, at Halsted Street, but
The
and
'
&
little
now remains
to be done.
The earnings of that railway for the past six month? made a net return of one and three-quarters par cant upon the
capital icvested in it, and there can be little doubt that daring tha current calendar year this property will return four per
cent upon
its cost.
in 1833, and excessive compatition, have tended to further reduce the
earnings of railways in that State. No dividend has been mida on the stock of the Dabuque & Sioux City Railroad Company
during the past six months.
Notwithstanding increased comiietition and a downward tendency in rates, the income derived from your inveitments
south of the Ohio River continues satisfactory.
As stated in the last report, the Memphis Division of the Chicago St. Louis & New Orleans Railroad Company was leased
until A. D. 338:3 for an annual rental of not less th^n $133, OJO, nor more than $140,000, and arrangements made to turn the
This was done by mortgaging that Division to secure
entire investment in the Mississippi & Tennessee Railroad into cash.
$3,500,000 of Four Per Cent Gold Bonds of the Chicago St. Louis & New Orleans Railroad Company, guaranteed, principal
Of these, $3,350,000 have been sold, and $350,000 remain to provide
and interest, by ihe Illinois Central Railroad Comjjany.
Funds for the betterment of that Division, the earnings of which have, during the past six months, exceeded the interest on
the Bonds.
During the past half-year there have also been sold Illinois Central Four Per Cent Gold Bonds of 1953, to the amount of
^1,031,000.
Of the remaining $4,989,000 of such Bonds, there have been set apart for the Surplus Dividend Fund $303,000
and for the Insurance Fund $41,000.
Further expenditures on the Illinois approach to the Bridge at Cairo and additional advancjsto the Chicago St. Louis &
New Orleans Railroad Company, together "amovinting to $751,893 95, brought the cost of the Bridge and approaches up to
$3,382,466 35 on June 30, 1889.
Outlays on Capital Account have been made as follows:
The oppressive laws enacted by the State of Iowa
Illinois Central
RR.—
For the purchase of 13 miles of track built by the Chioago Bu
East ()ubu(iiie and Portage Cuive
For 14 Rcfrig.rator Cars
For 145 Box Cars
8oath Chicago RR
Rantoui RR
Chicago Madison & Northern RR
Canton Abfrdeen & Na hvllle RK
Yazoo
i Misslsslpppi
Valley
lia -tjn Si .Ijrthorn
R lilroad Coaipany, between
$175,000 00
12,333 21
68,984 40
$256,297 61
6,.544 01
17.800 02
385.000 00
7,614 89
7,378 28
'.
RR
$680,634 81
The
attention of the stockholders is called to the accompanying Balance Sheet and Abstracts,
ing Gteneral Manager and of the Land Commissioner.
By order of the Board of Directors.
New York,
December
ALEXANDER
2, 1889.
G.
and
to the reports of the Act-
HACKSTAFF,
Secretary.
GENERAL BALANCE SHEET.
ABSTBAOT.
"
Springfield Division
Middle Division
"
South Chicago
"
Rantoui
RR
"
Chicago
8t.
"
Canton Al)erdccn & NashvilleRR
Yazoo & Mississippi Valley RR
"
D
H
B
E
F
RR
Louis
Orleniis
RR
thoDubnquc & Sioux City RR. Co
W(u*king Stock of Supplies
C. St. L. <k N. 0. 6 per ceiit Oold Bonds of 1951, pledged to secure «l,0o3,200
cent Sterling Bonds of 1950
Not Assets
68
58
49
39
31,2.50,000
;
& New
21
$35,110,609
1,600,000
1,432,858
225.063
1,801.02J
572,0S4
9,058,204
^
00
00
93
1,900,9.">3 58
2,311,464 17
$85,262,261 03
10,072,099 83
810,315 75
Ppcuritics of
.
I.
C. 312
..
per
5.266,000 00
9,017,289 63
$202,2'J(i 97
Assets in Insurance
Fund
41,605 50
243,832 47
$111,271,798 71
—
1
Decbmbeb
.
.
.
.
THE CHRONICLE.
14, 1889.
QENEBAI,.
BALANCE
791
I^BisBT.—OOHCXODBD.
ABSTRACT.!
940.000,000 00
Capital Stock of Illinois Ccutral RR. Co
I'lindcd Debt of Illinois (Jontral KR. Co.—
6 per wnl Stcrlinic Honils of IK!)."), ^500,000
6 per cent t^piiuk'lldil Division Bonds of 1808.......
pel- cent HinkinK fund Bonds of lOOa, i7fl<),000.
fereenl Kt<rlinK Bonds of 1!)05, ifJOO.OOO
per cent .Middle Division Bonds of 1921
percent Kiist MoitK!i(.'e Gold Bonds of 1U51
per cent (loldHonds of 1!).")2
31.1 per cent First .Moit^'uiic Gold Bonds of 1951
31^ per cent Sterling Bonds of 1950, ai,053,aOO
n
oo
l.tMHMKXKK)
3,H(H>,(H)0 HO
(li.'SOO.ooo
1,(HJ(MMM) (Ml
JKiM.OfM) (X)
l,ri<KI.()(M)00
IS.OOO.OiXI
00
;2,49ll,(KIO 0<)
5,2(>U,OOU
UO
34,133.000 00
l.OUO 00
Past Due Bonds
t74,13«M)00O
910,000,000 00
^........
Leased Line Stock of Ulinoia Central RR. Co
Funded Debt of Chicasso !<t. Louis & New Orleans RR. Co.8 percent Bonds of 1^90
7 per cent Bonds of 1897
91,480,000 00
1,874,000 00
80,000 00
is.oeo.ooo 00
3,250.000 00
6 per cent Bonds of 1907......
5 percent Gold Bonds of 1951
4 per cent Gold Bonds of 1951, Memphis Division
!
21,244.000 00
6,000 00
Past Due Bonds
ai.250,000
oo
4443,966 24
1,200,000 00
Set apart to jivovide for Dividend payable Septembers, 1889..
:Surplus Dividend Fund
Insurance Fund
E
F
202,220 97
41,605 50
I
243,832 47
I
9111,271,708 71
ABSTRACT " A"-PERMANENT IMPROVEMKST8 PAID FOB FROM ISCOME.
SpHngfltld
lUtnoia Central Prop*'.
CONSTHIICTION—
Station Grounds
Division.
931.754 74
879 96
Station Buildings
Water Works
952 50
"'lo.'io'soi'
RiRlitot
Way
Filling at
937,884 01
13.709 o5
93,129 27
12,836 50
880 47
0,631 58
880 47
16,477
Car Works..
Equipment—
25175
509 70
376 25
20,670 80
29,670 50
Cars.
S.-V
531 30
569 70
376 25
Wcldon
New Passenger
Total.
Una.
53130
25175
Sidings
Fencins
Southern
9493 43
$76,656 19
9100,410
923,260 06
W
Total..
97e,«M 19
408 43
nilnolg Central Proper
Sprlugfleld Division
977,149,62
23,260 98
Total Northern Lines
Southern Lines.
Tnfal-rh.reed to Income dnring the
six
months ended Jun e
30. 1B89.
(See Abstract
9100,410 58
"K").
ABSTRACT "B."-AB8ETB.
aBVKyCo.'SpercenVGoid bWIs
Crit lV&
9045,500
N.
lUmois tenirai k. ». ^^>. t. f
(Exclusive of ^5,266,000 pledged to secure £l,0j3,200
of 1950. See Abstract "H.")
!.'.'.".'..'.'
C. St. L. & N. O. R. R. Co. Stock at par...
'
Leased Line Stock at par
.vava"" V.;:.
lUuiois Central 4 per cent Gold Bonds of 1952, at par
Illinois Central 5 per cent Sinking Fund Bonds. »* PJf-vViVB'nVnftr
par
DulMunie&SinuxCityR. R. Co. SpercentGoldBondsoI 1938, at
Dunleith & Dubuque Bridge Co. Stock
60.200 00
9,000 00
4,746,000 00
7,000 00
1.084,000 00
1,373,990 00
61,879 60
50,000 00
5.750 00
2,097.214 89
285.251 46
133,066 52
'.'.'.
—
Co. Stock, par $82,500
MLseissippi Valley Co. Stock, par $:iOO,000 .....-..--••.--- Hope Oil Jim Compress &.W anufaclunug Co. Stock, par it>7,D0O.
"--•
tj-..i...»
Bridge)...
\j. C5l. Ij. OL N. O. rV. R. Co. LlKtl,^a (account Cairo
C. St. L. & i?(. yj, R. XV. Kj^J. Notes \a
nilnois Approach to Cairo Bildge.
Iowa Land & Loan
-
f
10.474.252 57
153.106 63
Sundry Assets
Net Assets Chicago OfHoe
911,172,861
Net
90
1,55.5,572
27
9 950.000 00
413,887 50
'
Less Hadilitirs—
---••
Bills Payable
Coupons and Dividends due July 1, 1889... -.--.Coupons and Dividends overdue and unclaimed.
Sundry
'JO
9060,000 00
o^^
88,816 10
102,868 67
Liabilities
99.filT^2906S
Assets.
ABSTRACT "D "-See Page 792.
K "-APPLICATION OF INCOME.
>T>aTT»Arrr <
$163,536 92
3,260 00
in last, renort.^^^.^.-^j^-^-yj^^^^
Surplus Dividend Fund December 31, 1888, as shown 195- in tnai *Tmu ai
of
Six months' interest on $163,000 Illinois Central 48
1889-Net Receipts durine the six months ended Jf"ie 3^.
From the Operation of the Railway. »» ^^^o^"Laud Commissioners Report
'".^^^r^fSjasioiier^s Kupu »
Depart.iient. as shown in the
From the Liiui
From the New York Oflice, as shown in Abstract i
!,403,457 81
13,364 93
404,730 96
A
RR.—
$75,000 00
48,000 00
95,000 00
25,000 00
24,200 00
30,000 00
300.000 00
43,732 50
92,155 00
* Gt. N. Bcconu » ^
& nt N Second Mortgage Bonds..
^^^^^
& N. O^ \'J^t „^"^i\trtSage Bonds.
N. O.
Ft. L.
4. vr
r» J.
<> t
1, 188!», Interest on 8 per eent
Bt L.
1, 1889, lul erest on 7_per cent C.
St. L.
1. 1880, Interest on 6 per cent C .
^
Apiil
mW
June
.
W"5"^(?°,XBonds.
ou l5 P"«<;"t<^Rfv^//b .Memphis Div. First Mtge. Bonds.
St. L. a- .« Vv,. r*^*"**"
-- 1
1 &t:<w ir,i^>-tiai oil * I'er
iri8K()i inteicJtou i iiftr cent C.
Stock, Juij, isoaPcini-annuiil Payment <m Leased Line
June
«
June
15, 18.,!), Interest
-
Sterling Exchange Premiums
Salaries of Trustees and others...
Dividend, Feptember, 1889, on
Illinois
•••
Central shares
to $202^00 lUinois
future D.vidends^>nd »nvested
surplus Dividend Fund, appUc,.ble to
.
Centrnl 4 k of l'i--2. nnd i»22H 97 cash
—
70
$733,087 50
50.200 00
48,000 00
2,400 00
376,500 00
05.000 00
200,000 00
1,191 57
244 00
977,149 62
23,260 96
Permanent Improvements. ., » „
In Illinois, us shown in Abstriict A .......;^
Ou Southei-n Lines, as shown in Abstract a
2,821. 553
93^88,350 63
Interest on Bonds..•--•
April 1, 1889, on 6 per cent Sterling Bonds......
Bonds .
July 1, 1889, on 6 per cent «l'ii",^r«<'''."'y'sion
Sterlni!; .-,mking bund Bonds.
April 1, IHSe, <ra 5 per cent
June 1, 1889, on 5 per ceni Steilinf; """.'Jf-.j-ri.VR-nflH""
Bonds..
Pcbruary 1. 1889, on 5 per centMiddle Divmiou
B"nasJulv 1, 1889. on 4 per cent Fjrst Mortgage
Gold Bonds ot li>^;f-ApiU 1, 1889, on 4 per cent
Bonds.
Julv 1, 1889, on 312 percent Hrst Mortgage
July 1, 1889, on 312 per cent Sterling Bonds
Rental of C.
9166,796 93
752,625 57
100,410 58
1,200,000 00
2,7pe,123 6a
I
I
9202.22697
.
.
THK CHROI^ICLK
792
IVOL,
xux.
ABSTRACT "D."— WOBKING STOCK OF SUPPLIES.
Trsinaportatlon Department..
Road Department
¥88,175 61
377,608 '21
339,204 58
5,337 35
Macliiuery Department
Stationery
:}I810.315
75
AB8TKACT "F."—INBUBANGE FUND.
Fund Deoember 31,1888
a?-! J?J "«"'^"S'* ^* during
Added to this Fiinrt J^Ji""','"' six mouths enacdJime 30,1889....
tlic
Interest received on investmenta of the Fund
'^h'e^ril^lSftO."!!!".* .^"!^
°" ""'^ 1"'"™"««- The Company's
8i9n«ft<jfii
*oS'XSSi
!!!'"'"
!
policies,
isSJiX
$46,223 61
now amoTmtlng to
$8,802,983, expire Decern-'
4,618 11
Amount at credit of Insurance Fund June
30,
1889
$41,605 50
Assets ik Insurance Fund Juke 30, 1889—
Illinois Central 4 per cent Gold Bonds of
1952, at *^
par.
Cash
$41,000 00
605
50'
$41,605 50
ABSTRACT
The inter ft on which
"
H."-BONDS PLEDGED AS SECURITY FOR FUNDED DEBT.
COLLATERAL.
payable to Ih lllinoia Central
is
:
K i.
FUNDED
Co.
DEItT
SECCKED
I!V
COLLATEBAl.
Canton Abcrrt n ANash. RE. Co. IstM. 5% gold b'dsof
Tiazoo
19.S2.
of 19.52.
& Missi^8.V8l.KR. Co.
1st M. 5% (told bonds
We8t.RK. Co. 1st M. 5% gold bonds of 1926.
R.Co. l.«tM. 5% gold bonds of 1935.
KantoulRR. Co 1 st M. 5% gnld bonds of 1927
^'^^ Co. let M.
SrS"*^ * & Chic. RR.Co Ist M. 5% gold bonds of 1935.
Cedar Rap. P?.^*;**
5% gold bonds of 1935...
xr"!""" iNortb.
Chic. Madison ^
5^
«
'!"•
,
4% gold
bonds of 1952
$15,000,000
$16,350,000 J
5,266,000 S>»% sterling bonds of 1950-5,266
'
Chlo.
St. L.
& New Orleans RB. Co. 5% gold bonds of 1951.
a<
j
$21,616,000
ABSTRACT
" G."—RECEIPTS
5,266,000
$20,266,000
FROM AND EXPENSES OF OPERATING THE
(Including Leased Lines and Branches, but excluding the
£200=£1,053,200..
I
Unes West of the Mississippi
ILLINOIS CENTRAL RAILBOiD.
by the Dubuque & Sioux City BR.
River, operated
Co.
BalJ- Year ended June 30.
Decreaie.
Inereate.
1889.
1888.
Miles, 2,275-10.
ifiUa, 1,95296.
Miltf, 322-14.
Eabnings—
Freight
$4,354,877 69
1,277.679 46
155,529 30
Passenger
Mail.....
Express
Extra Baggaee
.."'.....'.'.'.'.'.'.
Sleeping Ciirs
Rent of Property...
Ecntof Trncks
Telegiapb Receipts
2!£1''?*''
'
155,49180
20,57484
$3,533,558 34
1,105,929 9U
137.492 74
35
56
56
09
20,57484
$821,319
171,719
18,036
10,140
,
I
139,35171
i
I
23,230
56,695
93,929
3,403
'.
DookaKC and Cairo Wharf Boat".".!"!!!;''!;"
22
82
12
;
I
33
1,633 14
Switching
'
Train Privileges ...'.'.'.'.
Compressing Cotton
Ballioad Hoicl and EaUng House Expenses'."."'."".""."
intcr-statc Transfer and over other Lines
I
48,209
5,426
3,749
12,739
217,658
.
Total Earnings
Clfc
,
90
00
46
35
47
'
;
j
$6,430,829 90
,
27,345
54,840
95,059
3,270
1,977
42,337
4,384
4,798
9,620
291,626
72
06
45
45
29
04
72
87
75
77
$5,451,593 81
.$4,115
50
1,855 76
1,130 33
132 88
|
344 15
i
5,872 86
1,043 28
i
;
1,049 41
3,118 60
73,968 30
;
$979,236 09
Operation Expenses—
Mainteuance of Way and Structures
Malntenanco of Equipment
Passenger Train Expenses
Freight Irain Expenses
Station Exj 10 uses
Telegraph Exieuses
Oaims and Damages
$683,240 70
570,147 14
341,444 96
771,424 90
02i!,610 36
87,971 77
88,191 10
72,5--'3 90
72,060 80
52,330 31
51,675 43
'.'.".".'.'.'.".'.'.'.
Traclj Service and Switching" "11
Mileage of Cars (net)
T
Stationery and Printing
Outside Agencies
Adverilsing
£.alMrie.s of Oflicers.ill.Ill'.
Salaries of Clerks
General Olliee Exiiense and Supplies
Legal Expenses
'..
L_
^fc.
***
'.'.
....
''-
90, 997
Excess of EamipgB over Expenses for 6 months
.
2s792 76
23,063 99
46,148 36
54
56
18,930 76
6,977 55
88
14
473 70
585 21
81
2,591 10
18
85
25,059 59
5,019 22
46
36
37
1,274 72
740 83
25
20
2,441 07
10,676
3,690
6,066
17,498
535 54
27 63
37 80
61
85
6,506 86
$3,529,194 74
282,209 85
"71
$174,491 33
41,476 17
$3,811,404 59
$4,027,372 09
2,403,457 81
..
4,532 84
""l"64,if533"9"5
01
11
"52",'33d '31
44,697
11,536
65,542
77,222
51,054
41,152
22,485
2,257
$3,703,686 07
323,686 02
Total Operation Expenses and Taxes for 6 months
I
3""
24,065
Jotal Operation Expenses for6 months
Taxes for 6 months
sm
85, 179
65, 127
26, 375
28
26
24
08
91
768 46
13,117 32
3,652 40
Insurance
'.'.'.",'.'.'.".'.'.'.
Operatlug St. Charles Air'Line.'.lll'l'.l
Operating Mimnd City Railway
Eailioad Hotel and Eatiug House Expenses
Compressing Cui ton
Grain Elevator Expense
Ill
General Expenses
$17,065 42
324, 379 54
775, 957 74
521, 976 41
44
60
11,062
64,957
79,813
25,995
36.133
23,760
2,792
"
$11,622 69
19,569 51
$694, 863 39
589, 716 65
I
$1,640,189 22
6,066 61
$215,967 50
'
i
.$763,268 59
GROSS EARNINGS BY DIVISIONS.
Balf-Tear Unded June 30.
1889.
Jft/««.
1
1888.
1
Sarningi.
Milee.
1
lacreat;.
Earningt.
Milet.
j
Prop2r
Branches
Illinois, Indiana and Wisconsin
Inter-Sittte Transter and over other Lines
Illinois Central
m
70.5*60
67S'e8
ni R Od«l 73
Tns-Kll
!M7R7«dR<ni
825,176 49;
217,6584?!
iR3
463-541
384.84-2
Northern Lines
Soutbern Limca
I,881'I8
Total..
2,275-10 $6,430,829 90
8»3-93
4,059,780 69 1,159-04
793-92
2.371.049 21
1
65:22a-l 4
291,62677i
8,444,1 16 35'222-14
2. 007. 477 46 100*00
1
1
.
Eaminge.
D^ereate.
Earnings.
S249.29a Ro'
410,333 84
$73,968 30
615,664 34
363.57175
952-96 $5,451,593 81 332-14l$979.23e
09'
—
Decembeh
14
:
IHE CHRONICLE.
'f-HQ.
I
ABSTRACT
Interest
on money loaned
Interest on
Do.
Do.
DubuquoA
793
I.--NEW YORK OFFICE.
Or.
«3,240 33 Intereit paid on Bill* P«yatil«,,
p. c.
313 P
4
0.
Sink's Fund Bonds
First Mort. Bonds.
p. p. (iold B'dH of
fiooiBMrT
$170 B8
50
52
13O,20H
147,525
54,888
27,100
1952
C.StL.&N.O.RR. 5p,e. Gold Bonds
Do.
"
Bonds—
Central 5
Illinois
.
4 p. c. Meuiplits Div. B'ds
Bionx City RK. 5 p. c. Bonds...
61
00
ExrKNSB AOCOUMTt-
89
00
Halailos
359,945 98
Kxi'eusa
>
Law
Bonds
of suhtldisrv lines pledged to secare
»16,0r0,000 of Illinois Central 4 p. 0.
Gold Bonds of 1952— $16,350,000 5 p. 0.
tatMi It
16,3M8«
...
Ml SO
E.Yiieiue
39,733 54
Bonds
408,750 00
5,000 00
South Cbioago RB. Co. 5 p. o. Bonds
Interest on Canton Aberdeen & Nashville
KR. Co. Note given for bonds canceled.
'.'.
6,250 00
420,000 00 Fixed Obargea of Subaidlary Lines wrlttea
DivtDENDs ov Shares—
& Dubuque Bridge Co. stock
& Loan Co. stock
Missis- ippi Valley Co. stock
Hope Oil Mill Compress & Mfg. Co. stock..
Dunleith
86,386
2,505
4,500
675
Iowa Land
off
490,000 00
Balance representing Net Receipts In New
York otHce during the six mouths euded
June 30, 1889
22
00
00
00
404,730 tS
94,066 22;
PROFrrSecurities sold
Sterling Exchange
49,168 62
4,588 29
34,039 87
Sundries
87,796 78
$065.049 21
I
Called Bond$i.
—The following were caUed for payment
»!»B5,049 31
New York Pennsylrania A Ohio.-Theafcreement in raodtfl-
Milwaukee Lake Shore & Western.— Equipinent bonds of
cation of the terms of lease to Erie was adopted at the meetins
1882, due 1892, to be paid at office of Samuel S. Sands
Co., of stockholders in Cleveland, held at the office of Pretiideiil
62 Cedar St. New York, on and after Jan. 14, 30 bonds of Charles E. Whitehead. The following rcwjlutioii was passed •
" Resolved, That the agreement of Oct. I, 1889, between
§1,000 each, viz.:
No?. 2, 3, 8, 12, 17, 20, 27, 34, 44, 50, 57, 85, 96, 102, 106. 123, 131, the company and the Erie, further amending the lease made
lietween the said companies April 30, 1883, aa amended April
160. 172. 182, 199, 305, 215, 219, 230, 235, 252, 286, 270, 294.
Colnmbia & Port Deposit. Upon the bill filed last June 1 1887, be and the same is hereby approved, ratified and conby the Pennsylvania Railroad Company, a decree of fore- firmed, and the officers of this company are authorized
to execute the same, and attach thereto the seal of the
closure has been entered in Philadelphia against this company on its mortgage of February 1, 1868, and the supplement company."
Among the princinal changes, the amendment to section 2
to it, dated March 25, 1875.
The Columbia
Port Deposit
Road runs from Columbia, Pa. to Port Deposit, Md. with a of article 10 of tlie lease provides that whenever and so often
branch from PerryviUe to Port Deposit. The bonds amount as the gross earnings exceed in any one year tlie sum ot
$6,000,000 and until they amount in any one year to $8,000,000
to §1,882,000, nearly all held by the Penn. RR. Co., and the
the percentage of the same to be paid by tlie Erie Company to
overdue interest is $1,185,660.
the Ohio Company as rental shall be diminished 1-10 of 1 per
Nashville Chattanoof^a & St. Louis Railway.— The gross cent on the whole of the gross earnings for each
$100,000 of
and net earnings and charges for November, and for the five gross earnings in excess of the sum of §6,000,000; that
is to
months of the fiscal year, were as follows
say, should the amount of the gross earnings equal or exceed
fovember.
July 1 to Nov. 30.
$6,100,000, but not equal $6,200,000, then the Erie wUl pay the
1888.
1889.
1888.
1889.
Ohio Company instead of 32 per cent of the gross earnings
Gross earnings
$261,571 $293,989 $1,350,139 $1,531.5^9
31 -9 per cent.
When the earnings equal or exceed the sum of
Operating expenses
153,734
175,504
787,489
902,685
$6,200,000, but do not equal $6,300,000, then the Erie Companj
Net earnings
$107,837 $118,485 $J62,650
$628,871 will pay the Ohio Company 31-8 per cent of such earnings
and
Interest and taxes
$71,935
$72,270 $364,572
$362,276 so on, the percentage of such earnings to be paid as rental
Improvements
11,416
5,545
29,377
39.327
decreasing one-tenth of 1 per cent for each increase of $100,$77,480
$83,686 $393,949
$101,603 000 until the gross earnings in any one year amount to the
Wlienever the earnings emial or exceed
Surplus
$30,357
.$34,799
$168.7»jl
$227,271 sum of $8,000,000.
New York City Horse Railroads.— The following reports the sum of $9,000,000, the percentage to be paid tne Ohio Comfor the year ended September 30 have been filed with the N. pany shall be 28 per cent thereof and shall remain at that
figure so long as the earnings exceed the sum of $9,000,000. [On
Y. State R. R. Commissioners:
the earnings of 1888-9 it is said tliat tlie difference to N. Y. P»,
Hec'jnd Avenue—.
Jfinth Avenuf.
1888.
1889.
1888.
1889.
O. on the new terms would have been a trifle over $50,000.]
Gross earnings
$85«,068
$«56,qil
$196,631
$202,343 Another amendment provides that if any question shall here180,f.04
Operating rxpenses
727,452
694,778
172,135
after arise under the indenture in respect to which the parties
Net earnings... $130,616
$161,233
$16,130
$30,208 are unable to agree concerning the obligation.s, rights and
l,8s*0
Other income
958
6320
6.094 duties of the parties, such question shall be submitted to arbiThe details for the method of such arbitration are
36.:^'02 tration.
Total income...
$132,506
22,456
$162,191
Fixed charges
128,106
137,489
22,267
25,767 given at some length.
Article 13 of the lease is amended so as to provide that tha
Surplus
$4,310
189
10,535 proper officer of the Ohio Company sliall be afforded all rea$21,702
Sixth Avenue.
KiqMh Avenue
sonable opportunities uix)u adequate notice for the examina1S88.
1889.
1888.
18S9.
$622,W47
$6f.0,432 tion annually of the roadway, equipment and shops, and a copy
Grops earnings
$662,097
$690,958
Operating expenses
485,854 of the report showing a statement of the numlier and phy^ral
520,335
4yl,531
499,856
condition of the leased eqiiipment, with the number and charNet earnings...
$141,762
$122,991
$164,578 acter of
$199,427
cars and locomotives destroyed, renewed and replaced,
Other income
14,742
15,160
6,021
4,371
shall be annually fimiishe*! by the lessee to the lessor, s^ch re$1T9,73'* poi t to be in the same form as the similar report made up by
Total income
$137,7.^3
$147,783
$203,798
98,078 the Erie of its own e<iuipinent. The Ohio Company agrees imFixed charges
81,000
97.895
84,000
$39.3'^
$81,660 mediately upon the necessary money being raised by means of
Surplus..
.$6-1.783
$122,798
Dividends...
(6%) 60.(100 a car trust with the concurrence of the Erie Compiny as in the
120.000
75,000 (6%) b0,0(
case of the car trust deed dated the 26th of January, 1888, and
def.$5fi,217 sur. $47,798 def. $20,162 sur. $21,660
Balance
the lease therein lef erred to to order and deliver on its road
^Tvrrtty-hird StreH.—. ^Cenl. Park fto. d- B. R.-. for use
by the Erie Company, as soon as the same can be pro18^9.
1888.
188 -.
1880.
$58i,»:i3
$04:j,i82
$702,317 cured, 500 coal cars. The Ohio Company agrees when the gross
Grosseamings
$08"',363
&18,2H0
541.767 earnings shall etpial $6,500,000 to deliver 500 more coal can;
Operating expenses.
4»8,537
467.663
when they shall equal $7,000,000 to deliver 200 more, provided
$2l7.700def.$33«,M57
$160 5.50
Net earnings ... $154,6=;5
53,015
35,736 the leased equipment shall bo maintained in good order. If
Other income
20,300
16 451
the gross earnings exceed $7,000,000, the number of cars to bo
$2:<8,0f)rdef.$283.342
$196,286 recruited only at the rate of 500 for each $500,000 of increase.
Total income.
$171,106
Il7,a82
167,617
153,621
Fixed charges
161, 17d
If the earnings exceed $8,000,000 the Erie companv shall bo
$28,669 entitled to call for rolling stock in the manner provided by the
$84,379dof.$'101,324
Surplus
$19,9 8
DlvWends
lease.
The agreement takes effect as of Oct. 1.
(10%)60 000 (10%)UO,000
&
,
—
,
&
,
.
,
—
—
:
.
—
.
—
.
.
&
.
.
—
—
Balance
def.$40.072 Mir. $24,379
Puvonia Ferry
fQ„Q
1m89.
•
,
^Broadway
1888.
(B-klyn-)-,
1MH9.
$138.i>74
Gross earnings
Operating expenses
$234,586
184,269
$231,515
183.381
$442,446
i77,418
Net earnings
Other iQcomc.......
$-•0,317
.$65,028
12.134
$48,134
13,225
3,079
2,0y5
Total Income
$61,359
43.436
$68,107
40,264
$47,754
Fixed charges
$62,451
42,134
Surplus
$20,257
$17,923
$27,843
$13,762
292,415
$45,659
3.'',992
Pennsylrania Ponirhkoepsle * Boston.—The line has been
completed through from Campbell Hall, N. Y.. to Slatington,
ConPa., 95 miles, and was oi)ened lately for operation.
nections are made in the coal region with the Leiiigh Valley,
Philadelphia & Reading and the Pennsylvania railroads, anda
large business is expected in distributing coal through northem New England, via the Poughkeejisie brid^. The extension of the line from Slatington west to Harnsburg. Pa., 96
miles, will shortly be commenced. A mortgage for $3,000,000
will be issued on this extension.
. .
. .
THE
794
.
.
CHROISaCLE.
[Vol. XLIX.
COT TON.
(^ommtxtml %xmts.
COMMERCIAL EPITOME.
^Itx
Friday. P. M., December 13, 1889.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 352,612 bales,
The Movement of the Crop,
Friday Nioht, December 13, 1889.
against 265,488 bales last week and 288,518 bales the previous
during the past week have met with week; making the total receipts since the 1st of Sept., 1889,
Commercial affairs
against 3,135,016 bales for the same period of
The export de- 3,617,415 bales,an
little to disturb the even tenor of their way.
increase since Sept. 1, 1889, of 482,399 bales.
1888, showing
breadstuffs continues, but the chief incident of this
mand for
Fri.
Sat.
Mon.
Tuet.
Wed. Thitrit.
Total.
Receiptt atis the much larger purchases of rye for the Continent at a
5,087 7,916 6,265 4,014 3,600 4.365 31,247
advance In price. Slight flurries in the cotton Qalvcston
considerable
796
El Paso, &c...
796|
market were caused by official reports regarding the out-turn
New Orleans... 15,114 17,423 26,768 19,933 2,624 16,76:] 98,023
crop, but the fluctuations in values were unimportant.
of the
2,579 2,878 2,851
784
817 2,567 12,476
Mobile
Bills looking to important changes in our revenue laws, affect- Florida
927
927
4,897 8,867 4,863 3,450 9,630 5,520 37,227
ing both domestic products and foreign merchandise, will be at Savannah
8,235
8,235
Brunaw'k, &o.
OBce brought before Congress, but there are so many and con1,896 2,608 1,548 1,200 2,195 l,74i 11,139
Charleston
flicting iuterests involved that their progress must be neces164
164
PortKoyal,&o
sarily slow. Excessive rains are reported to have caused de1
Wilmington
structive floods in California.
Lard on the spot has been dull
and
prices
show some decline,
was due mainly to full offerings from the " longs" to realize,
until to-day, when the decline was arrested, for the moment at
jeast, and transactions were 4,250 tcs. at 6-23@6-25c. for Janu.aij and 6'47@6'49c. for May, closing steady.
DAILY OLUHINO FBI0B8 OF UASO FUTUSES.
Mnn.
Tiies.
Wed. Thiir.
Salur.
Frl.
c.
c.
March
May
ilellvery
delivery
6 24
6-33
c.
c.
c.
delivery
January delivery
aFebninry deliverv
6-,-8
6'J3
6-53
Pork has been pressed
•
6-23
6 27
6-:U
639
6 50
for sale, and
6-21
6-27
6-35
6-iO
6-50
781
6-20
6 17
626
623
6-32
6-37
6:^0
6-36
6-i6
6 49
6-24
6-29
6-36
6-46
chases appeared the close is at some further decline in prices.
at §10 25(5 $10 75 for mess, S9 50® $9 75 for extra prime
Cut meats have been much
jihd 111 50@ $13 for short clear.
more ective for pickled bellies, but at lower prices; sales latterly 120,000 lbs. at 5%c. for 12 lbs. and 55^c. for 10 lbsaverage; also large lines of fresh hams at the West at 73^c. for
February delivery. Quoted: Pickled bellies, 5363>^c., according to weight; pickled hams, 8;'^<a8Jg0. and pickled shoulders,
5@5i>^c.; smoked hams, 9?4@10};^c.; smoked shoulders, 5J^@
Beef quiet; extra mess, $6 75(3$7 25 and packet $7 75@
6c.
f8 25 per barrel; India mess, §13 50@$14 50 per tierce. Beef
hams quiet at $13(g$12 25 per barrel. Tallow is steady at 4*80.
Stearine is quoted at 6j8<37c. for Western and city, and oleomargerine, 5%(a5%c. Butter dull at 20® 30c. for creamery.
Cheese dull at 9}i'« lO^gC. for State factory, full cream.
Coffee on the spot has taken a higher range of values, and
the close is firm, the sales to-day embracing No. 6 Santos at
17J^c., c. and f.. No. 7 Rio to arrive at 17 7-16c., Padangat 23®
S2}^c. and Timor unshipped at 2IJ3C. The speculation in Rio
options has taken a stronger turn on reduced estimates of the
crop in Brazil, but to-day prices were a trifle easier under sales
to realize, but closed steady, with sellers as follows :
ir>-35e. June
lp-45o
Deceml)er....l6-15c. Marcli
16-40C. July
16-45n'
16-iOc. April
January
16 4.'.o. August
16-40o;
Pebiuary ....16-2ic. May
an advance of 50(3 70 jwints for the week, the greater improvement being in the distant options.
Raw sugars, at some decline, were fairly active, but yesterday and to-day very quiet, clo.sing nearly nominal at 5,l^c. for
fair refining "Muscovado and 6a63gc. for Centrifugal, 90 deg.
test, but wifh rather more inquiry. Refined sugars were quiet
and weak. The auction sale of teas was a full one, and it
went off at steady prices.
Kentucky tobacco has been rather quiet, selling to the extent of only 300 hhds, half for export, at old prices. Seed
leaf in fair request at about steady prices; sales, 1,235 cases as
follows: 200 cases 1888 crop. New England Havana, 16 oe40o.;
200 cases 183S crop, State Havana, 13i^*14c.; I80 case.s 1888
crop, Pennsylvania Havana, 13 1 13c. 150 cases 1888 crop, Pennsylvania seed leaf. 9)2 *llc.; 300 cases 1888 crop, Wisconsin
Havana. 10 't 13c.; 150 "cases 1838 crop, Ohio, 8^ lOc, and 150
cases 1888 crop, Dutch, 10 a) 13c.; also 550 bales, Havana, 70c.@
|1 10 and 309 bales Sumatia, SI 10 'i%% 35.
Spirit* turpentine has been firmjr, but with supplies more
R isitis have further
liberal the close is easier at 45 «45i-^c.
Rerined
advanced, and close at $130 t$125 for strained.
petroleum for export is unchaii.ged at 7,i^c. in bbls. and 9-70c.
in esses; naphtha 8-lOc.; crude 7-80c.; crude certilicates close
*t |1 03^^'n$l Ot, notwithstanding an increased flow of wells.
Wool very firm, with an improving demand.
'tai Exchange Straits tin is a little firmer, and
On the
closes steady at 31-35c, on the spot and for Ma ch delivery. In'^ot
copper is firmer, but dull, at 14c. for Lake. Domestic lead is
firm bu*^ dull at 3-90c. Pig iron warrants are auU at $18 ou
the spot and $18 75 for March. The interior iron markets are
very strong, but business rather slow.
,
1
|
I
247
;
247
18,648
16,431
1,716
3,175
3,705
2,399
2,252
West Point...
3,625
2,713
3,281
3,372
3,097
3,063
3,656
2,389
2,590
2,642
1,710
440
755
S'orfolk
420
307
673
377
1,599
878
414
191
184
130
274
325
764
253
515
113
N'wp'tN's,&c.
Sew York
Boston
Baltimore
Philadelph'a,&c
Totals this week
515
1,217
48,050 51,168 37,985 27,309 51,171252.612
we
give the following table showing the
week's total receipts, the total since September 1, 1889, and
the stock to-night, comi^ared with last year.
For comparison
1888
1889.
Receipt! to
Dec. 13.
This
Week.
Sinee Sep.
I 1889.
r/iM
Week.
31,247
596,221
3,750
1,150,700
161,890
16,659
658,306
97,128
255,993
29,461
Ht -ck.
Sineis Sei:
1,
1888.
1889.
1888.
414,689
3,030
904,018
124,692
. .
69,598
57,402
323,878
25,755
281,257
36,230
560.430
59,215
261,293
104,027
12.767
31,413
111,837
6,278
115.691
2,123
13,875
19,997
28,864
41,209
2,014
17,594
17,100
5,815
9,950
5,576
159,134
16,300
33,056
32,546
252,612 3,617,415 267,840 3,1:^5,016
Galveston
El Paso.&c.
747,6.J6
852.563
796
Sew Orleans. 98,623
12,476
Mobile
Florida
927
Savannah.
Brans., &c.
Charleston ..
37,227
8,235
11,189
P.Koyal,&o
164
..
A'ilmington
.
Wash'tn,&c
Sorfolk
West Point.
NwptN.,&c
New York.
..
Boston
Baltimore. ..
PhU'del'a.&o
Totals
567
86,191
13,418
1,809
35,567
9.693
19,289
1,365
10,611
943
103,730
6,074
247
1,849
290
18,648
16,431
1,716
3,175
3,705
256,736
202,006
25,748
31,554
23,435
16,122
14,639
22.257
16,372
5,360
6,097
1,883
3,091
6,323
515
1,217
56,845
934
315.387
229,618
45,022
28,361
23.112
102,,'i78
20,6.54
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
tteceipls
at-
GaIv'ston,<tc
New
Orleans
Mobile
Savannah.
..
Charrst'n,&c
I
i
—
6,074
1,*54
though pretty free pur-
Quoted
M
571
1,040
Wash'gton, &o
closing at 5-85c. for prime city, 6-35c. for prime Westem and
6'25i£6 65c. for refined to the Continent. The speculation in
.'lard has been more active, but the larger volume of business
Deopmber
1,109
1,319
|
Wilm'gt'n,(tc
Norfolk
W't Point,
All others
&c
Tot.thisweek
1889.
1888.
32.043
98,623
12,476
37,227
11,353
6,321
18,648
18,147
17,774
30,031
86,191
13,418
35,567
252,612
1887.
1884.
18S5.
,1886.
we
37,187
95,092
13,486
33,514
19,879
21,732
27,089
26.618
68.787
9,633
31,038
14,533
6,740
21,377
17,928
17,216
13,.,91
11,438
.19,110
14,519
93,797
12,458
3i,908
23,081
5,469
36,860
21,763
18,485
267,840
213,902
260,659
238,011
258,340
20,654
10,901
22,2,57
25,899
92,324
11,
04
27,961
18.221
8,3>)4
Z.-.iSo
23,820
13,326
25,6li9
Since Sept. 1. 3617,415 3135,016 3593,867 3236,135 3134,224 3329,548
The exports for the week ending this evening reach a total
of 304,006 bales, of which 133,939 were to Great Britain, 30,084
to France and 60,983 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1889.
Galveston ...
New Orleans
Mobile
.
.
Bruuawick...
Charle;»toii
.
Wilmin«ton.
i3,a'^«
34,878
Total
Week.
10,3?8
6,0171
York...
B^<ston
....
21:0
eos
1
8,7:5
H5.35J
24,443
193,18:)
t9 80ll
44.018
4,no
,902
24,24>t
116.777
184,041
(12,7-J»
19.675
82.401
10643
13t.UI2
18.»1S
153,125
13,135
4,2 6
97,307
10,7«»
108,166
a ,839
22«.ij()l
•-6.189
1|
4.g;5
47.427
I.«)l
315,548
48.428
1.139^
5.7!i2
25,n2()
11'.571
46.253
880|
1,333
11.774
4,155
4,»50
I
4, SOB
12.621
1,400
6,818
13
1,013
l.SSS.
20.>!l-9
8.371
30.S4O
B.I 05
Pblladelp'H.&c
Total,
3i)^l.^9. L>01,64a
Total.
329,288
852,149
20.289
S3i,9«8
6,800
B-iltimore..
Total
70,791
1S.S95
4.856
3,5al
...
nent.
34 65)
4,156
I9,li43
Nws, &c
214.8-8
2,375
13,135
Point..
Coiltl-
60
West
»rt.
Great
8.371
1.7SH
Norfolk
Np
New
"-^M to Dec. 13, 1889
Britain. France
15 842
65.753
«,"17
2.5.53
11,09';
6'fj)t. 1.
Exported to-
Great
ContiBrifn. Fratwe nent.
from—
Savannah
from
Wefk Ending Dec
ExporUd to—
Ex.porti
1,051
13,8 4
132.930
20.(184
60.983 20 J, OOa 1,47JH0J
113.63S
2ii,8Sfl
95,577
2.iJ0 11fl
1,23' ,261
12,874
20,358
1,'66
1,«03
13,380
a^^lt,407
750.4W5
2,5.'i2.807
-07
f5'M7I 1.W7.139
31«7
— -_
—
«
Decehbeb
8
THE CHRONICl
14, 1880.]
In addition to above exports, our telegrams to-night also
give U8 the following amounts of cotton on shipboard, not
cleared, at the ports named.
add similar figures for
New York, which are prepared for our special use by Messrs.
Carey, Yale & Lambert, 24 Beaver Street.
We
On
at—
Dee. 13,
Great
Britain.
New
Orleans...
796
F.
Thk Salk) and Pkiou of Pdtubbs
ar«
ahown
\>j
tk*
following comprehenaive table:
Shipboard, not cleared -for
£«ar<nf
Coast-
Otiier
France. Foreign
18,990
5,500
None.
8,000
16,832
11,000
3,600
15,000
30,984
None.
None.
1,100
None.
None.
aioek.
wite.
Totul.
4,353
27,215
61,727
32.057
12,664
90,828
41,521
600
None.
31.730
None.
3.700
27,300
7,627
3,700
7,550
5,000
5,900
13,082
1,500
None.
None.
86.057
5,500
4,200
42,300
37,541
16,200
11.750
20,000
78,922
32,684
86,607
25,335
223,548
524,088
Total 1888...
86,732
Total 1887... 107,694
17,616
29,172
92.706
58,878
18,745
28,963
215.79l>
636,704
766.018
Mobl.o
CUarlo.ston
..
..
Savannah
Galveston
Norfolk
New York
Other port*
Totall889...
None.
600
20,2.55
224,707
The speculation in cotton for future delivery at this market
opened the week under review very dull and unsettled. But
on Monday a repo rt from the Commissioner of Agriculture
for Tennessee, enlarging upon the damage done in that State
by the early October frosts, caused an advance of 5® 6 points,
which was mostly lost on Tuesday, under the report from the
Department of Agriculture (printed in another column). This
report was regarded by many of the " long-crop" men as un-
However
duly favorable to a large yield.
report caused a
sham
may be, the
On Wednesday
this
decline in Liverpool.
our market recovered an early decline, but business was impeded by the closing of many of the Southern markets on account of the funeral services of Jefferson Davis. On Thursday a stronger report from Liverpool (which took the " short
interest" quite by surprise) caused an advance of a few points.
To-day the speculation dragged heavily, the bulls ceasing to
give the market any support; and when a considerable increase of stocks at interior towns was repoi'ted there was a
decline of 3@3 points. Cotton on the spot remained quiet and
closing dull and
quotations were nominally unchanged,
weak at lOJ^c. for middling uplands.
The total sales for forward deUverr for the week are 883,000
bales.
For immediate delivery the total sales foot up this week
1,643 bales, including 381 for export 1,262 for consumption,
bales
in transit. Of the above
for speculation, and
were to arrive. The following are the official quotations for
each day of th? past week December 7 to December 13.
—
—
—
—
UPLANDS.
Ordinary
Strict Ordinary
Good
mon Tnea Wed
Sat.
-Wlb.
Ordinar.v
Good Ordinary.
Xx)W MiddllnK
Low Middling..
Strict
1H
71a
7i6i«
8i3,e
9>4
7«16
8I3,«
914
I
Middllni;
GoodMiddlInK
Strict Good Middling.
10ii,«' 10Ui«
Middling Fair
Fair
11=8
im
Good Ordinary.
Middling
Good Middling
Strict Good Middling.
Fair
11»8
im
7%
7%
»3|«
«ii(.
9',,
91,
9 la
10
^d^
10
Tnea
Sat. nHon
STAINBD.
Low Middling
Middliag
I
I
9%
.»1».
73$
j
I
Wed Th.
738
8'5l8
Sl'S,8
9%
I
9%
Prt.
7^
1\
7%
«'i«
91,8
91a
8»,8
9iie
91a
8'i«
91,8
91a
10
10
10
105,8
lOia
10',8
lOia
10% 10S»
1015,6 1013,8
lisg
11»«
llTg
11^8
i
Wed Th.
7%
7»B
8
738
8
SI""
954
i
I
105,8 105,8 104,8 104,8
10 13 101a lOis lOia
10\ 10% 10^
105t
1016i« 101»,« 1016,. 10:°,^
11»8
11% Ill's llise
ll's
11^3
ll'»
ll'a
Middling Fair
Good Ordinary
Good Ordinary.
11%
75,
10
Strict Low Middling..
Midillini?
Strict
914
83,8
91,8
91a
.yih.
Strict
Low
914
10l,« lOhg
IOI4
1014
lOia
lOia
lO'iia lO'iu
Uifl
11»8 It's
71a
71»I8
813,8
914
914
9% 9?»
101,8 10',
IOI4
1014
lOij
lOia
lOiiw 1011,8
III9 1118
1158
111%
7l»i(i
8"„
Sat. nionJTaeii
GULF.
Ordinary
Strict Ordinary
Good Ordinary
8>»i.!
Prt.
71a
71a
7i»iel 716,«
9^
9%
101,8 lOljg
IOI4
1014
lOia lOis
Strict
Tb.
71a
8
8I6„
93»
9%
PrI.
738
8
SI"'*
]f ABKET AND SALES.
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.
pncc of tuture.^ e«i'U day for oaoh nnmtb. II" .tver " Tha.
will be found under each day following the abbroHitlloii
average for each month for the week Is aliw given at bottom of table.
Trouaferable Orders— Satnnlay, 10-13c.: Monday, 10-20c: TiWMtcr,
lO-loc; Wednesday, lO-lSc: Thursday, 10-20c.: Friday. 10-15o.
The following exchanges have been m.-ulc d.i
19 pd. toexrh.
•06 pd. to eieh. 100 Mch. for April
•MO)-'
•20 pd. to exch. 200 Doe for .Ma.v.
SPOT MABKBT
CLOSED.
Sat.
Dnil
.
Mon
.
week
.,
Firm
Tiie«. I'ina
Wsd Firm
Thur. Finn
.
.
.
.
Quiet
Fri...
• Inolud»3 sales In September, 1889, for September, 147,600: September-October, for October, 040,600; September-November, for November,
636,200.
oonttnue eaek
ly* We have Included In the above table, and shall
to give, the arcrasfc
•
ratal
I
the
Tha daily deliTCriai giren above ara actually delivered
previous to that on which they are repurted
iV
.13 pd. to exch. 1.000 Dee. for Apr.
.06 pd. to exch. .'><>0 Deo. for Mcli.
25 pd. te exch. 100 Feb. for June.
.
•or>i
•42
,.
•07 pd. 10 I'itu.
-i.'!'
.\i'r:i i'»r .»ifiy
-
.
THE CHROMGLK
L7y6
Thb Visible Supply of Cotton to-night, as made up by cable
«nd telegraph, is as follows. The Continental stocks, as well at
those for Great Britain and the afloat are this week's returns
oonsei^uently all the European figures are brought down
to Tliursdaj- evening; But to make the totals the complete
figures for to-night (Dec. 18), we add the item of exports from
the United States, including in it the exports of Friday only.
*nd
1889.
1888.
1887.
1886.
bales
750,000
15,000
495.000
570,000
(i,000
3'2,OO0
571,000
13,000
total Great Britain stock.
771,000
1,800
98,000
5,000
501.000
002,600
4,800
24,500
26,000
,
Btoct at Liverpool
Stock at London
Stock
Btofk
Stock
Stock
Stock
Stock
Stock
Stock
1
at
nambiirg
at
at
Bremen
Amsterdam
1,500
6,100
,13,000
500
584,000
1,400
The above totals show tliat the old interior stocks have
utcrcosed during the week 45,839 bales, and are to-night 71,497
bales less than at the same period last year. The receipts at
the same towns have been 14,849 bales nwre than the same
week last year, and since Sept. 1 the receipts at all the towns
are 119,700 bales more than for the same time in 1883.
Quotations for Middunq Cotton at Other M.vrkets.—
In the table below we give the closing quotations of middling
cotton at .Southern and other principal cotton markets for each
day of the past week:
CLOSING QC0T.VTI0N9 FOB HIDDLINO COTTON ON-
Week endina
1.1,000
nee. 13.
Satur.
7,000
400
400
800
1,400
Stoo^ at Trieste
91,000
2,000
30,000
3,000
5,000
209,000
3,000
65,000
2,000
6,000
154,000
1,000
33,000
3,000
9,000
Totaf Continental stocks
315,200
152,.500
340,500
223,300
Jlfon.
500
5,000
134,000
4,000
56,000
5,000
6,000
fVou. XLIX.
400
at Rotterdam
at Antwerp
at Havre
at Marseilles
at Barcelona
StockatGcnoa
European stocks..
"total
..
Jndla cotton afloat (or Enrope.
Am*, cott'n afloat for Europe.
Egypt,Brazil.A-c.,afltforE'r'pe
Stock in United States ports..
Stock In U. 8. interior towns..
United States cyports to-day.
T?otal visible
supply
653,500
47,000
625,000
SS.OOO
852,563
354,558
56,778
1,086,200
56,000
698,000
49.000
747,636
2S3,061
34,027
942,500 807,300
35,000
69,000
526,000 590,000
47,000
53.000
990,725 1,043,302
449,790 365,520
20,972
12,595
2,953,924 2,627,399 3,011,987 2,930.717
American—
9n,„
911,6
908
91I18
9=8
911,8
91*1,
Mobile
Savannah
9i'i«
.
Charleston.
SI""
9^8
9'8
Wilmington
Norfolk
Of tlje above, tae totals of American and other descriptions are as follows:
Boston
I
Baltimore...!
Philadelphia
Au);usta.. ..
Memphis
...<
Louis
Cincinnati
St.
I
9U,g
911 6
9»8
Total American
567,000
224,000
698,000
747,636
283,061
34,027
397,000
102,000
625,000
852, .563
354,558
56,778
389,000 390,000
199,000 129,000
520,000 590,000
990,7351,013,302
449,790 365,520
20,972
12,595
2,553,724 2,387,899 2,575,487 2,530,417
EUfSt Iiulian, Brazil, rfe.—
Liverpool stock
London stock
Conlineutal stocks
India afloat for Europe
Egyj)t, Brazil,
Ac,
189,000
15,000
91,200
56,000
49,000
181,000
32,000
141,500
35,000
47,000
181,000
13,000
94,300
59,000
53,000
239,500 436,500
2,55.'* ,724 2,387,899 2,575,487
400,300
2, 530,417
afloat
total East India, &0
98,000
6,000
50,500
47,000
38,000
400,200
American
9'8
1038 »>S
1018
IOI3
958
9%
9%
»%
9\
total visible supply.'.
2,953,924 2,627,399 3,011,987 2,930,717
Mid. Upl., Liverpool
5i4d.
5'8d.
S'lgd.
S^sd.
Price Mid. Upl., New York.....
gi^c.
10'4C.
lO^^c.
9'eo.
t^ The imports into Continental porta this week have been
112i000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 338,535 bales as compared with the same date
of 1888, a decrease of 58,063 bales as compared with the
corresponding date of 1887 and an inecrease of 33,207 bales
as ({ompared with 1886.
lis
?',''»
9%
lOiji
9'6
lossaig
10%
1012
9S8
9%
9%
9^'
10%
IOI3
9»8
9»8
9%
9%
9^
9'8
lOSgsii
9'8
103^3119
1018
101a
9H
9%
10
10
10
10
10
•
10
Louisville.
10
10
10
10
10
10
The -closing quotations to-day (Friday) at other important
.Southern markets were as follows:
Atlanta
99 s Little Eock....
9=8
Rome
9%-iii8
Columbus, Ga.
913
Montgomery
912
Selma
aog
Columbus, Miss
912
Nashville
O^s
Shreveport
97i8
Eufaula
912
Raleigh
914
..
.
.
I
.
Receipts From THE Plantations.— The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
WUk
Receipt! at tlu Port*.
SWt ot
Interior Townt. Ree'pU from Plata 'tis.
I
Bndinj—
1887.
Not.
"
•'
Prlcje
9
9l',«
9'8
10%
9"l6
91I16
9»8
911,8
913,8
9»8
9''8
1038 it's
10i«
1013
958
Fri.
91'l6
9H,g
9 '8
10%3>l3
Thurt.
Wtdneii.
Tiitl.
.
Liverpool stock
bales
Conljinental stocks
Amaricau afloat for Europe...
UnltfedSPatp-s stock
Dniied States interior stocks..
Uni^d States exports to-day.
:potal
Oalveston...
New Orleans
"
8..
IS.
88.
88.
Dec.
6.
'•
13..
1888.
1889.
1887.
1888.
(
1889.
1887.
301,600^472,091 300,133|347.022 843,139 213.984 318.661
,|284,'')ej262.389'294,485 3-14.791 256,48o; 222.057 :!32,588
24i..388^2M,862'28S.6[)T:409.43S'283,443''J34.«41J274,O22
852.408 >258,091;28S.51'< 449,202 308.1011i47.li59J21>2,180
849,01«;213.0i«'265,488,4S3.323
.-14.3,011!
1888.
1880.
29 \328 335,613
275.710 302.56X
293 8i5 301,491
2S3,7S0 :i0 1.536
;:0.80S!28S,140 277,981' .'88,387
813 902! 267.8 10 252.61 2! 497,3-<9! 383 81 7 ijO.Wj!247.0J8 308,646
—
!02.61.3
The above statement shows: 1. That the total receipts from
the plantations since September 1, 1889, are 3,935,780 bales; in
1888 were 8,503,458 bales; in 1887 were 4,067,406 bales.
—
3.
That, although the receipts at the outports the past week
were 253,612 bales, the actual movement from plantations was
303,618 bales, the balance going to increase the stocks at the
interior towns.
Last year the receipts from the plantations
At the Interior Towns the movement—that is the receipts for the same week were 808,646 bales and for 1887 they were
for the week, and since September 1, the shipments for the 247,948 bales.
"week and the stocks to-night, and the same items for the
Amount of Cotton in Sight Dec. 13.—In the table below
corresponding period of 1888-—is set out in detail in the we give the receipts from plantations in another form,
and add
following statement.
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
P»gO-
O- gSoPHsS'Js-BOg-''
rl
'
»
to
i5*5'2
now
1889.
in sight.
1888.
1887.
1886.
2
1
.
SB
OSXflii-'tDO®
of cotton
Receipts at the ports toDec.l3 3,617,415 3,135,016 3,593,867 3,236,135
Interior stocks on Dec. 13 in
excess of September 1
308,365 368,442 473,539 362,893
^ssZ^'iS§-?1^9?
i
o
amount
o
.
C;itO^-otj"ik.ccC"OsiiXOfOQDls"^M**-kO
s9
M M (0 CO CO X CO
Tot.receipt9fromplantat'ns 3,925,780 3,503,458 4,067,40613,599,028
Net overland to December l.i 328,858 364,882 452,425 321,366
Southern consumpfn to Dec. 11 153,000^ 151,000 134,000 105,000
Total In sight December 13. 14,407,638 4,019,340 4,653,831
J4,025,394
MM
M
MIO
H*
M
CO
toa — *^OMtcto**.oiM»-'»—to3:M(f».mco
Oj^ to tC Oi CO Oi 10 CO I— O 01 -^1 -^ X to -^ U< X
Northern spinners tailings to
©"Vjoocooscd'^
WMVwh-a'b'bVjotcw'b»'^Vc;ixaorf>.
Ot»-OiXtOCii*^0«CCtiO*-COO:D**X**X
by telegraph from the South to-night indicate that the weather has
been favorable generally, and that picking and marketing
have made good progress. Very little rain has fallen and the
a>tOl^
odumoicomco
if^-^COOCOOW
COXC^tX^lXO
MM
j^CS
fcO
cow
to
^i^fP^^^^
MMj^rfa.
MVxVi«xKiio'c;Vcji**ooa'coc-'*-.co
« CO <i a* oi 0:
xmrfk^cot0 3jxfcooo5coco-jiooxto
ococa:
MtCMtOtOtOXOWCOCOWOitOO'JiO'MO
g*j yi *j O cc X -g c M tn C) <i to PS Q y CO
M
13
SK*
kOh
_toco«iosOD|op
X to CO o: M -g btV. V oi <i M bi w^ x
O ^ GC X m CO Ot O X OS CJ W M OS M to to
,
cn
w
M
o to to Q
K>^:ocoroxcD
_L__.
4
__.
if^co<oo>toxi:ocDcc;'tvCO'^-^>-^^if^«qad
MWW
©Oi'co-J0iot<i
I
>-«
xxo'MMxyt-^io.f.oiaiociOXMCirf^
www
HpMCoto
rfk'to
3; tn'u'roi-'
X*
X
M*<.^XMyxcotoc;>oj©oxito.co3Co^
MOl
MW
w
MM
to
XCflOCCCOIWCO'IO:
tooioxxuto^oo;;*«^» »^« <»> w \rj
i-w ..w «^ w
»».
^
CO
to
to
^*
O w C O CO ^1 #* to
IV
^/ O'
\_' s.^ SiV
pr»
—
—
all
the week.
The thermometer has ranged from 35 to 80, averaging 58.
San Antonio, Texas.— It has been showery on two days of
the week, the precipitation reaching six hundredths of an
inch. Average thermometer 64, highest 80, lowest 47.
Luling, Texas. Telegram not received.
Columbia, Texas. Telegram not received.
Cuero, Texas. Telegram not received.
Brenham, Texas. There have been showers on two days of
the week, to the extent of twenty-six hundredtlis of an inch.
Average thermometer 61, highest 79, lowest 43.
Belton, Texas. We have had dry weather all the week
The thermometer averaged 61, the highest being 78 and the
—
—
—
—
.
1833 Ugures are for Palestine, t 1888 llguree are forPetirsburg, Va.
The fif^ures for Louisville in botli yearg are " net."
This year's figures estimat«d.
762,650
to us
highest 73 and lowest 60.
the lowest 50.
Huntsville, Texas. Telegram not received.
Dallas, Texas. The weather has been dry
—
V -^i"^ Vb to Ci bt yi
-j-irf»'y'*»o>^yo«c;<ropO'. otccwtotcto
if^
coM^c^c;*co
_^L ^ ^ ^ w ^r
?p&
tt>-
'»t^'b'«"toVo'b"i*ki"^iacowbwoxo-Ai
67,
—We
MtO
M
ifKCDMCOOiMtOtOrfk.^
COOWXrffcCflfcO
_;J Wjg M ccpp yi QD X ccp w x_;-j o to
;^i
MtO
to
CiCCXtOOCO
c;*
905,033
have had showers on two days of
Palestine, Texas.
the week, the rainfall reaching four hundredths of an inch.
The thermometer has averaged 64, the highest being 78 and
rfii.
M
cccnaaaxa "^
XOOlF-fcOXO M
poop
tf^
CC^IlfcXax^f-tOOStOOWOCO — WXCD
M
'c*;coos'»o*>MX
CO o:
Average thermometer
M O (*^*JX W 5 050
o*
(f^ocoo:
.
CflCOO
808,492
—
(*>•
M
o; X ccp ^
— oo
c;'OOxco v<CD
'*-"ci'
.
to cs O"
:;«
tWOOS-KJX
to
pMW
»f»>
700,748
temperature has been higher.
Oalveston, Texas. It has been showery on one day of the
week, the rainfall reaching fourteen hundredths of an inch.
p o» o; o *3 o X
X*kCC©*^r:tU
otoxtocoo^co
|
'
Weather Reports by Telegraph. —Reports
OvlMtn5StCrf»-^CO<t>'COICiCfl*-(^CO«OXOS
to
on
December 13
lowest 44.
Weather/ord, Tfejros.— There has been no rain during the
week. The thermometer has ranged from 40 to 78, averaging 59.
—
.
.
December
14,
i88».j
CHliONlCLK
'mii:
yeic Orlemis Louisiana.-lt has rained
on one day of the
wiek, the rainful reaching two hundredths
of an inch
The
tlitiiuometer has averaged 64.
Shreveport, Louisiana.— TeXefrram not received
-The
all
aiiBuni
188«.
Buropt
1897.
ThU
from—
tMa
J«n.l.
Bombay
11,000 1.288,000
4,000 344,000
AUutborports.
weather has been pleasant durinit
r«OM Att imuu.
1889.
SMpmtnl*
lo
Columbus, ilfcsm,>^n-.-We have had no ram
all the week
averaged 61, the highest beuag 78
and
uIr'lowMT44'*'
Leland, Mississippi
797
M»|o««To
7,000
a.ooo
Jan.
^so.oool
4.00<l I.OMH.OOO
8,000 4'.iS,000
270,000
_Tot»l__|^l5^000J;027jOOOU^^^
63-3, ranging from
Alkxandria Receipts and SmpME.NTO.-Through
11 to 80
arranwl
ments we have made with Me««r8. lMvi..«,
OVeeraiV/e, ilfisstsMppt.— There has been
».-nac?.i
no rain all the Liverpool and
Alexandria, we now receive a w^k
Nv.ek. The thermometer has ranged from
48 to 76, averaging 64
v .aW^^
the movements of cotton at Alexandria,
Meiidian, Mississippi.— The weatlier has been
Kgypt. The Llhw^ni
favorable all are the r«;eipt8 and
shipment- for the p^t week
^^. ik.
Cotton picking will be completed next week
f« ihf
The correspondfais week of the previona
two yearn
P has been gathered in fine condition and is the heaviest
grown m this secUon. It ia claimed that at small
AUxanOria. Kgypt,
tbennometer has averaged
&fT^
^
1-
towns
cotton remains in planters' hand.
Vieksburg, Mississippi.~yVe have had no rain
all the week
Cotton picking has progiessed finely, and it is
claimed that
only about fifteen per cent still remains in the field
The cron
IS a large one, and comes up to aU
expectations. Marketing
this week has been heavy.
The thermometer has averaged 63
tht- highest being 83 and the lowest 43.
Little Rock, Arkansas.
Telegram not received
Helena, Arkansas.— The weatlier has been fine for
picking
t ure havmg been but one light
sprinkle during the week to
t he extent of four liundredths of an
inch. A small portion of
tlio crop yet remains to be picked.
The thermometer lias
iniicli
December
^
1880.
11.
1888.
ThU week.
100,000
1,982,000
. .
8In(!o Sept. 1
140,000
1.418,000
'
^
—
1887.
Receipts (cantarx*)
ThU
I
Binet
vieek.
Sept.
I
180.000
1.876.000
BiKtt
Tlii$
I
week. \8ipi.
1.
wmJc.
1.
'
Exports (bales)—
I
ToMverpool
To foutlnont
|
8.0Oo|l35,00O 14,000l »7.000| 14.000
182.000
14,000 Sii,000 0,000; 82,000
7.000 eslooo
;
_Total Europe
A
caiitar la
'22,OOo!l 90,000 23,000 149.00o|ai.000!200.000
98 pounds.
trom 41 to 74, averaging 63.
Manchester Market.— Our report received by cable to-night
Memphis, Tennessee.— Viith the exception of a light rain on from Manchester states that the market is easy for rams
uid
steady for sliu^ings. We give the prices for
one day the past week, there has been no rain in two
to-day
weeks
The rainfall reached two hundredths of an inch. Picking
and leave those for previous weeks of this and last below
has
year for
'
in.ide good progress.
Average thermometer 62, highest 78 comparison:
r;uin;ed
Ii'\v(:'st44.
1889
Xashville. Tennessee.— Vfe have had rain on two days
of the
w.tk the precipitation reaching twenty hundredths of'an inch
Ilu- thermometer has averaged
the highest 71 and the low58,
St
f
32« Oop.
Twut.
:i5.
Alabama.— We have had dry weather all the week.
thermometer has averaged 63, ranging from 47 to 73.
Montgomery, Alabama.— Tliere has been no rain during the
\vi ik. and the weather has
been bright and warm. The therm< .meter has ranged from 40 to 75, averaging 60.
S'ima, Alabaina.—There has been no rain all the week
lage thermometer 58, highest 75 and lowest 41.
(bum, Alabama.— We have had dry weather during the
w.;-k.
The thermometer has averaged 55, the highest being
i:i and the lowest 39.
Mii-dison, Florida.— Telegram not received.
olumbns, Georgia.— Dry weather has prevailed during the
k.
The thermometer has ranged from 40 to 71, averag-habile,
1
'
d.
d.
Nov.9 8i8 »8i>8
'•
15 8I9 »8»8
" 22 8I9 «8»8
111
1
" 20|8>8 a>85B
060.618% «8'8
" IBIS'S fSSg
JCTE Butts, Bagoino, &c.— The market for bagirinK
has
been fairly active for the past week and buyers are
supplyinir
their wants qmte freely.
Prices are steady and held at fee
IV lbs., 8c. for 2 lbs. and SVc. forlw
There is only a light inquiry for jute butts and
pricee
are quoted at 1-70® l%c. for paper grades and 8a2}^c
for
bagging qualities.
for 11^^ lbs., il4c. for
lbs.
'
Oeorgia.— The weather has been dry the past
»>ik. Average thermometer 68. highest 77 and lowest 43.
.1 ugusta, Georgia.—The weather has been clear and
pleasant
ill tlie week.
The thermometer as averaged 58, the highest
Ibemg 78 and the lowest 36.
Charleston, South Carolina.— We havs been without rain
ill the week.
The thermometer has averaged 60, ranging
e
'
i-annah,
trom 44 to
Stateburg, South Carolina.— There has been no rain
all
the
We have had one frost in this vicinity. The thermometer here has ranged from 35 to 74 'S, averaging 57-7.
tVilson, North Carolina.
Telegram not received.
The following statement we have also received by telegraph,
iveek.
—
ihowing the height of the rivers at the points named at
)'clock
December
12, 1889,
and December
3
13, 1888.
Dee. 12, '89. Dee. 13, '88
I)Wh.
Feet.
Sew Orleans
Above
Above
Above
Above
low-water
low- water
low-water
low-water
Ab ov e low-water
Uemphls
Kasli vUle
shreveport
yicksb urg
India Cotton
mark.
mark
mark
mark
m ark
8
9
16
7
18
4
2
1
8
27
Movement from all Ports.—The
receipts
ind shipments of cotton at Bombay have been as follows for
;he week and year, bringing the figures down to Dec. 12.
BOMBAY KECEIPTS AND SHIPMENTS FOR FOUR YEARS.
SMpmeittM this
tear] Great
Oontir
BrWn. nent.
Shipmenit tinee Jan.
xeeek.
Total.
Great
Britain
Continent.
1.
Total.
ThU
Week.
October I to December 1.
Since
Jan. 1.
Ortat Britain.
OontinaU.
ToUU.
481.000
461
207,011,000
1.027.000
467-7
480,3.'>9,000
454,000
483
205.739.000
960,000
433-e
438,617.000
For 1889.
Rings by spinners... bales
576,000
iverage weight of balee.lbs
473
>'»
rkklngs in pounds
272,448,000
For 1888.
Caklngs by splauers
...balris
506,000
Average weight of bales .lbs
PaklngB In pounds
454
229.878.000
According to the above, the average weight of the delivaries
in Great Britain is 473 pounds per bale this se.iaon,
against
154 pounds during the same time last season.
The Continental
dehveries average 461 pounds, against 453 pounds Ust year.
and for the whole of Europe the deliveries average 467'7
pounds per bale, against 453-6 pounds last season. Our dispatch
also gives the full movement for this year and last year in
bales of 400 potmds.
Oct. I to Dec. 1.
Kalu of 400 Ibt. each.
OOOt omitted.
ReeeiptM.
Splaners' stock Got. 1
1889.
Oreat
Britain
58.
1888.
Conti-
nent.
Total.
(treat
236.
1.201.
874,
167.
814.
681. 1,307,
ao8. 1.103,
83,
Supply
(lonsumptl'n 8 weeks..
600,
701,
640,
1.437,
1.340,
826.
888,
Spluners' stock Dec. 1
136.
61.
197,
71.
Shipments for the week.
Oreat
Britain
Continent.
Total.
ShipmetUt since January
Oreat
Britain.
Oojitinenl.
1.
Total.
35,000
26,000
45,000
61,000
66,000
50,000
18.000
11,000
84,000
64,000
4,000
3,000
4,000
5,000
119,000
85,000
61.000
40,000
180.000
125,000
2,000
4,000
3,000
2,000
4,000
5,000
220,000
161,000
124,000
115,000
344.000
276,000
•Ul aU1889...
1888...
73.
144,
•76.0
77.0
80,0
80,0
1S«,0
167.0
';8.0
78.0
76.0
76,0
181,0
181,0
Average as given by Mr. Ellison; deduction made tram month's total
OD ace junt ot stoppage of spindles.
*
IS*!)
1SH8...
In October
Id November
80,000
87,000
ladras
"Tae,
219,
1.088,
Veekly Oomumplion,
00* omitttd.
iBlrutta -
1889
1888
681,
ToUU.
181.
520,
886| 3,066
I'aklngs to Deo. 1
Oentt-
Brilatit
889 3,000 8,000111,000 383,000 900,000, 1,283,000 40.000 1,8SO,<M)0
888 3,000 4,000; 7,000 223,000 H.'i7,000! 880.000S27,000 1,39>,(K)0
887
4,000 4,000 378,000,709,000 1,086,000, 18,000 1,575,000
7,000: 10,000|33C,000,706,000|1,042,000|30,000 1.552.000
—We have
We
6
-
78.
KuROPKAN Cotton CtoNSOMPTioN for Novkmbeb
received to-day (Friday), by cable, Mr. Ellison's figures
for
November and since October 1.
have also received the
revisad totals for last year and give them for comparison.
The spinners' Ukings in actual bales and pounds have
been as follows:
j
The foregoing shows that the weekly consumption in E-jrope
now 157,000 bales of 400 pounds each, against 151,000 bales
of the same weight at the corresponding time last year. TTie
total spinners' stocks in Great Britam ani on the Cjntinent
is
have decreased 39,000 bjles during the modth, but are
more than at the same date last season.
53,0J0 bales
now
—
1
1
1
.
.
i
Domestic Exports of Cotton Mandfactures.— Through
the courtesy of Mr. S. G. Brock, Cliief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for October, and
for ton months ended Oct. 31, 1889, with like figures for the
correeponding periods of the previous year, and give them
—
Month mding
1888.
fxporttd to
Brest Biitnln and Ireland
Other countrlea In Europe
British North America
Oct. 81. 10 mta.
1888.
mdlao
yards
rain.'
5-81
4-39
8-75
6-77
14W
S-35
6-OS
10
9
15
1886(t..|r)
1885 (fa'T)
7-86
4-86
5-54
4-50
8-19
1884 (bad)
1887 (good)
1886 (fair)
1888.
1889.
716,B86
l,160..S4e
'*
143,1101
**
ai,»63
683,261
198.711
«»,4K6
783,072
"
•
British Uunduras
West Indies
''
630,818
775.865
'
l.OM.OU
6*-o.''01
465.1)72
lBi.251)
STO.04B
634,442
soo.nis
3,0D5.87V
124,eO0
e23,eou
478,430
1,001 .900
8«,47l
28e,M80
388,075
Argentine Republic
m8.4I
"
Brafil
United Ststes of Colombia...
Otheroountrlesln 8. America
*'
China
Other countries in Asia and
Oceantca
Afiloa
Other countries
'
"
"
SSI.840
7.862.882
Total yards of aboye..
Total yalues of abore.
Talue per yard
8.487,3SD
1
«d 17,242
»-0732
tSl»,233
»-0733
Foiues of ot^fr ifanufacturei of
Votton exvorttd to —
Great Britain and Ireland
lS85(fHl-)
7,190,728
8,285.91
6
74R,55»
8,003,66u
8,733.rt48
2,00i',046
Itain' [Dayf
fait.
J?n<nfaU.
'[rain.
Dnys
rain.
921,774
11,011,555
6.7in,4.S4
tl,91h,2:8
4,S02.109
6,HH«.78e
l.B74,«93
15,887.405
88,324 .8'il
164.658
3,U32
9.('2J.419
2,449.0' 3
6.230,924
3.219.871
14.488.955
30,002,679
t'0716
|327,10«
10.442
14.861
1423.145
17.358
14.135
35.5(17
307.<'«>
139,485
708
18,871
62.333
382.888
16,208
188,13"
3.591
ls,735
8.1 -02
8,71.1
10,260
44,412
237
9,7S3
24,553
613
9.441
381
3,357
24,819
,
Other countries
33,850
82.423
78.710
77,020
238,838
9,868
42,258
68,0S?
77.971
20, 17
»i,ao«
291,609
Total value of other mannfao
(164,134
»7«1,36«
tl51,142
»727,:!7
tl,158,714
»8,6fi.'!.06
tl,483.253
$9.344,41
—
(jOTTON Chop and its Movement. In our editorial columns
to-day will be found a short article on the cotton crop and its
movement. As of interest in connection with our editorial
remarks, we have prepared the subjoined tables, which show
the State averages of rainfall acd thermometer in August,
September, Ootooer and Nov-<mb3r for six years (18 H to 18S9
The thermometer aveiages are given first.
inclusive).
HepUmber.
."?
tq
lS8«(KO<ld)
1887 (goodi
(fair).
89-3
97-4
»>.\
m-i
95.1
1884 (baa)..
CAR'LINA
905
1889
1888 (good)
1887 (good)
89-5
9B-U
94-»
91-8
1885 (fain.
1884 (bad)..
910
92-8
eaoROiA.
(good)
(good)
91
97-3
9S-3
9«-l
a
w
Florida.
Bfl-n
wo
5,V(1
86-2
87-4
92-0
74-4
77-8
63-1
93-8
6;i-i
49-1
60-4
73-5
76-3
73-5
75-7
6>-8
55-3
59-9
66-7
67-4
61-3
77-4
76-4
77-4
79-h
77-0
88-6
8,-2
44'H
49-7
89-4
48-a
66-8
69-7
71-4
71-4
47-(l
68-1
82-3
85-3
80-8
82-0
80-8
68-1
73-8
81-1
76-2
71-9
75-2
78-2
75-6
77-4
85-4
39-8
83-51 43-8
83-4 32-2
87-6 35-5
78-9| 39-2
92-8 38-7
84-8
63-1
6S-3
60-2
61-8
08-7
79-0
•0-0
78-7
76-4
74-0
78-8
78-7
7B-1
80-8
89-3
87-8
87-7
85-4
80-C
9U-7
40-2
48-9
38-7
67-8
86-1
66-1
45-t 68-0
45-81 64-8
45-7
71-6
71-6
69-8
71-2
74-4
73-4
80-0
85-5
36-2
83-c
85-0
84-e
78-7
91-8
40-4
30-4
3S-1
83-7
88-a
88-4
88-1
85-0
90-4
67-11
80-7
9:!-2
70-7
7o-2
80-5
9J-2
80-
1889
1888 (good)
1887 (good)
188H 'fair)
1885 (fair)
1884 (bad)..
l)8-3
6V9
76-9
78-0
78-8
80-5
78-9
V7-4
9i-8
88-1
90-0
90-6
8u-4
91-U
50-6
47-2
1S89
1888 (good)
95-7
94-1
B8-(l
8(J-0
9-2-8
68«
95-3
m\
64-7
68-7
70-6
6N-6
80-7
(iiood)
(fair)
83-2
83-2
59-t!
51.-3'
961
llK-3
81-11
97-8
65-5
81-5
94.3
01-8
90-S
94-2
9.!-2
6(1-5
76-1
9,">-5
6u-2
60-7
62.6
790
61-(1
6b-S
68-4
58-4
62-2
65-0
79-.;
Mississippi
.
90-8
87-0
94-9
47-I-
49-2
4h-5
92-1-1
!>l'l
9«-(i
78-8
79-3
61-6' 78-9
894
6.3-1
96-6
eo-4, 79-;
05-1
83-9
eo-o! 77-8
78-7
59-4' 790
60-3, 795
91-0
8M-0
97-0
94-8
89.8
98-Ul
46-7
70-1
4K-H
48-7
60-6
48-7
69-0
74-6
73-9
90-0
85-9
43-('
40-1'
(•(Vu
117-
s
1
811-0
79-9
75-3
91-8
!
8V5
87-5
8«-0
91-2
60-3
36-3| 86-0
8r.'i
41-3! 63-1
42-31 80-4
72-3>
73-11
-<
23-0
51-6
30-6* 51 6
79-3
57-3
5<-8
945
1889
1888 (good)
1887 (good,
1886 (lair)
1883 (fair).
1884 (baa)..
ee-8
6l-i
62-6
60-6
62-4
65-1
60-5
llK-7
.
89-7
44-7
S»-«
69-1
69-6
1886
1885 (fain.
1884 (bad)..
rtO-B
585
76-3
78-2
38-4
87-0
85-7
88-6
943
9li-|l
S8-ii
3il-9
57-4
66-4
81-0 89-B
81-7 44-0
81-3 86-0
88-B 36-6
78-7 40-1
93-2 37-0
938
93-9
64-8
68-4
tW-9
66-4
62-8
6r,-7
82-3
87-6
34-3
7.^-1
7(|-fl
76-9
79-«
640
RO-4
T.-0
83-2
82-7
78-8
91-7
51-8
40-0
89-3
87-4
64-0
6,V7
61-9
69-3
81-1
79-8
76-1
80-4
77.5
77-6
78-8
77-4
ft?-/
78 W
95-7
93-7
94-4
;9
73-4
72-4
71-9
75-0
73-0
74-8
68?
89-9
89-»
78-H
79-0
78-4
93-
,d
s
63-1
4S-6
43-0
61-0
58-3
58-5
8,S-9
2-2-9:
4'<-2
76-1
78-4
76-1
2t>'8
.".l-O
28-9
8)-4
50-0
51-7
TS'B
78-1
76-5
74-8
75-2
73-0
25-0
66-6
58-B
5i-7
63-8
63-2
53-5
76-1
28-0
77-1
75-0
70-0
76-7
73-9
3ii-3
26-2
31-6
30-1
32-1
64-7
32-7! 63-6
80-0 54-0
53-8
'i^-li
58-9
•so-.)
31-3 63-9
82-6
36'.=>
2i-(l
.S6-1/
63'B
Bl-e
68.1
60-8
3t-6
39-1
r.0-9
27-0
HO-H
21-4
29-«
30-0
32-0
64-7
64-8
65,9
64-6
54-4
63-9
80-7
80'6
85-o:
3.-)-ti
54-5
56-6
78-1
78-7
75-3
63-6
80-1
7B-4' 83-6
.6S-U
81-rt
.wa
591
75-9
S5'5
50-7
61-7
61-1
79-0
77-^
57-9
63-5
60-7
70-8
74-,-
86-f
31 -ti
21-S
27'f
21-?
33-1
60-8
62-4
51-B
53-8
54-3
55-3
73-7
78-7
23-a
46-3
78-0
73-2
79-a
131
3-J-t
60-0
57-6
61-1
6<-6
58-9
35-2
03-1
7S.B
81-6
64-9
51-6
67-8
69-9
66-6
68-0
78-3
77 -S
75-0
7S-B
73-2
71-6
77.2
83-3;'
,S8-f
45-4
78.2
78-7
77-6
67-8
Arkansas.
1889
188S (go d)
1887 (KOi)d)
188); (fair)
1885 (fair).
1884 (bad)..
.
94-:i
970
9M-B
99-5
97-1
tB-9
62-0
69-0
6S-1
77-9
78-4
60-8
61.0
68-9
75-3
77-7
79-5
77-7
78-9
76-8
60-(:
Tennessee
8if5
1888 (good)
1887 (good)
IS-* (fair).
1885 (fair).
18»1 (bad)..
Tkxas.
1889...
1888 (good)
1887 (good;
(fair)
leastfalr).
«-l
99-4
97-4
9;-«
i;i-3
89-tt
89-P
89-^
4'-8
55-0
93-.-f
92-8
4968.4
671
92-1
61-:
6'^-'
8-.;-
9'(-8
87
64-8
64-8
976
4M-4
92-3
57-e
970
95-9i
45-(
89 8
80-4
79-7
80-0
80-c
^2->
961
97-4
97-H
98-6
985
47 -t.
64-B
59-.'.
HI-1
(6-6
'
8
1
72-7
77-1
69-5
67-3
73-9
71-9
71-0
74-6
72-4
73-7
74-3
77-6
77-8
81-a
81 -f
80-4
84-1
,S7-(,
8-1-7
82-(:
,17-6
85-7
2«li
84-a
78-a
83-8
»4-f
31-0
93-0
88-8
86-6
40-2
\iTf
37-6
851
,38-s
64-5
64-8
63-5
66-4
Kl-c
SVi
6J-I1
82 8
88-2
45-S
67-1
78-4
41-11
29-3i 48-9
26-0
2»-4
34-5
51-0
49-0
52-4
49-9
6
2-49
4-93
7-«3
5«
*H
SH
6-95
0-83
6
8-72
8
14
441
604
10>4
8
14«
94
«
8-80
7-18
1-28
2-04
S-34
S'23
4-08
8-71
8-80
0-77
7-80
1-58
9
7
C'«9
6-37
10
|«
9
0-14
5
6
8
5
O-.-M
2
4-78
0-74
8
10
15
1-88
6-84
a
>1
3-61
• 0-78
12
3-37
4-/7
1-89
«!»
0-91
1-20
3-43
3
l-IO
4-17
2-58
0-20
8-53
2-77
3
8-30
S-69
0-45
6-42
«
4
I
ii«
3>4
3
1889
1888 (good)
1887 (good)
B-49
4-97
17
516
!''>.
1886(fair)
6-15
8-90
7-44
r
4-04
8-85
3-11
4-69
3-48
1-98
im
16
2-74
9-37
8-97
2-98
8-88
1-54
10
15
8-21
10-78
6
18'5(far)
1884(bad)
1889
1888 (good)
1887 (good)
188B(far)
1885 (fair)
1884 (bad)
1»M
18H
I8H
7K
13
13
6
6-lS
9-88
4-78
S-6B
6)4,
8«
10-58
8-77
B-18
4-8S
4-79
0-99
6-35
0-70
14H
II
7
11
4
an
13
2H
6
1-80
7>*
6-.S8
Hi
'^
7
5
10
4-77
2-96
^«
Louisiana.
1889
1888 (good)
1887(iiood)
1886 (fair)
1885(tair)
1881 (bad)
Misfiissippr.
1889
18^ (good)
.
...
311
358
18S7(good)
1886 (f«lr)
18S5(falr)
1884 (bad)
8
•
S
8-37
1-67
4-36
5-10
9-88
4-25
8
5Ji
10
13
m
6W
8«
2-21
2-43
8-68
2-55
8-41
2-49
Ik
6.13
6
299
f*
5
8
2-61
3-72
8-43
4-14
B
6
IH
0-38
2-38
S-8U
l->5
9«
7
4
6
6
7
6
1-68
1-86
B
6-.S8
8 8>>
15
0.45
4-24
3-19
2-18
3-07
3-32
6«
4
4
i«
4-FB
3-27
1-93
8
4-81
3-78
8-B9
111
7-82
6-70
3-39
5-69
8-00
3-26
3><
IS
14
11
4
Arkansas.
2-21
9-58
2-50
18«8(good)..,
18s7(good)..,
1888 (fair)...,
18K(fa.r)...,
1881 (l)ad).
6
13
.1-14
2-.'
2-50
.
5«
1-07
3
S-12
11
4
na
1-12
1
1-1-8
4
6
9
1-27
3^
10
M7
4
5-07
1-88
2-17
6-57
14
5
6
3-81
s-sa
Tennesseb.
1889
4-8.1
906
2-11
5-26
1-88
2-03
1884 (bad)
...
7
13
e
i=«
4-48
8-32
8-55
4-18
4-52
2-19
S-80
3-26
0-45
2-65
2-69
6'i
7
8
lOH
»
2-.14
1-04
2-97
T.-m
11
11
7
6-67
4-99
6
2H
6-53
»\i
2-1
5
1-78
2«
4-12
4-48
1-19
1-19
1-72
3-14
13
10
e
TEXiS.
1«S9
1888 (good)...
1887 (good).
1-93
6-95
6-64
8-63
.
18t*6(fiir)....
5
IIH
814
18sS(talr)....
1881 (bad)....
3-01
-•a
3-73
1-18
3-68
7-51
8-55
8-98
9«
»«,
1-91
1-31
ll**
7
'
3-78
6k
6
4i,
3
9
6
»»
4
8
5
6
^p" The words "bad," "sood" and "Tair" foUowlns the years given
above mean simply that tie aggregate ciop for the year named was bad
good or
fair.
The Agricultural Depabtment's Report for November.
—The Agricultural Department's report on cotton for November is given below
The December cotton report of the Department of Aerioulture
:
relate s
to prices on (lie plautations. Con-espondints refer incidentally to the
proRress of harvi sting aud the status of the ung.itherert crop. AH report late maturity. In thenonhcrubelt the eniiv frosts arrested the
(leTelopmeiit of the bolls and seriously redu(-cd tbc harvest. In the
larger and more soiit hern areas, while killing frosts were reported In
some localities in Ootob'-r, the losses were neither severe norgeceral
from that cause. In the most productive part of the belt killing frosts
are rarely nicmioncd as occurring until the last week of November.
The season m.iy, therefore, be considered a loig one, counterbalancing measiirahly the late development of Ilie plant. Thf t p crop must
be considered fairly abundant, and very general mentioi
msde In the
lower latitudes of a burden of bolls yet unopened, which may open
with a continuance of weather as good as that ut the tlrsi week of December. The wcathar for picking has been c.omp»r.itiv6ly lavoiable,
and the lint is generally bright and clean, though not everywhere of
full length.
Prices are a little better than those of last December. Farm price*
average as follows: Virginia, 8-3 cents per pound; Noith Carolina,
8-3 cents; South Carolina. 8-6 cents Geoigla. 8-6 cents; Florida (Upland), 8-5 cents Alabama, 8-6 cents; Mississippi, 86 ccuia; Louisiana,
8-7 cents; Texas, 8-4 eints; Arkansas, 8-5 cents, and rmuessee, 8-3
cents. Quality and nearness to markets affi^ct the average slightly.
u
;
;
On amall farms
cotton is sometinici sowed in the seed at relatively
lower prices, especially in parts of Florida and Texas.
Shipping News.— The exports of cotton from the United
States the past week, as per latest mail returns, have reached
231,674 bales. So faras the Southern ports are coccerned. these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manifests of all, vessels cleared up to Thursday.
*
Total otilts
Alaska, 930.... City of
I,131....Etruria, 78....Nasmyth, l,243....6t.
Eeeulus, 3,483... St. Rooans, 2,278... Teutonic, 175
9 318
To Hull, per steamer Martello, 9»5
995
SiW YORK—To Liverpool, per steamers
Chester,
To Rotterdam, per steamer Rotterdam,
32-3!
.52-0
T()
"goou," "lair" and "ftill" above luean
the aggregate crop tor the year was bad, Rood, fair or fall.
T
4-94
4-18
0-73
3-57
8-18
8-46
7>.
48-9
64-3
5S-9
31-6: fO-9
31-2 54-0
9
8
10
*yi
27-6
3-2-(l|
e
7^
1-F6
5-35
4-01
I
86-3
278
9
e
4-09
3-23
0-62
1-52
1-88
1-46
8
9
3
To Leitli, per steamer Critic. 1,500
To London, per sti amer Lydlan Monarch, 808
To Havre, per steamer La Champagne, 1,400
To Bremen, per steamer Wcrra, 30u
To Hamburf.', per steamers Amalll, 1,361
Moravia,
13-fl
83-3
3-78
8-60
0.94
8-67
2-8S
2'3S
im
48-9
47-5
49-0
47-6
49-4
47-9
24-6
28.0
789 1N3|
HI -3
8-73
10-28
2-15
8-63
8-59
8-81
Florida.
18.i5(tair)....
V
64-'/-
76-7
78-4
75-8
tM-«
H4-2
64-1
98-M
.
g
68-2
73-4
71-6
73-8
93-1
92-7
92-7
91-9
91-9
93-2
1888 good)
1887 goodI
1886 fair>
1886 (fair)
1884 (bad)..
S
91-0
8H-5
96-2
92-u
90-5
91-6
74-5:
61-9
60-9
02-0
64-9
44-2
3S-5
41-3
61-3
49-3
78-S
81-6
80-0
188>*..
,a
tq
(50-4
94-1
«I
?
g
•-^
921
(fair).
(fair).
(bad)..
.
S
s
10
6-65
8-3;
(b.id)
1888(g.iod)...
1887(i<ood)...
1880 (far)....
Novemher.
October.
1
J
AtierojM.
4-.34
6,6118,889
1,154
Africa
Ihtrmomiter
13H
8,1.20,197
7.368
O.OiS
Avqust.
10
1884
t7,b«l,188
1-0695
11«
6-05
6-28
4-26
18t«6(falr)
17,105,247
UW
367
6,324.054
99.263.618 113.172,167
14H
1889
1888 (good)
1887 (good)
1886 (fair)
Gkorgia.
».n.<!3.491
300
Hondurac
West Indies
tures of
1889
I^8S(good)
1887 (good)
6,185,687
4.092.352
1.918
21.497
21,101
Krance
Other countries In Europe
British North America
Mexico
Central American States & brltUh
DnitedStKtfS i.f Colombia
Other countries in So. America
Asia ar.d Oc«aiiiCtt
fl,2«:>.''l«l
15
gOTTH CAUOLl.NA.
Alabama.
$31,856
900
Germany
tlial
September.
Bain- Days
faU.
Oef. 31.
Central American States and
ias6
AUQUtt.
Rain/all AveroQit.
It84(had)
—
—
Mexico
18.'*7
XLIX.
rainfall averages are as follows
1889
l>»8(gO0fl)
QuanUtia of iTanufacturu of Cotton {cotortd and uncoiored)
1889
18»8
1887
1886
1885
1884
The
[Vol.
N'RTH CAROLINA.
below.
B.
5
:
THE CHR(»N1CLF.
798
1886
6
.
Ehuclia. 1,260
26...'.'.'.'.'.'.
1 .500
808
1400
300
i",739
'."'.'
Aiitwerp, per steamers Pennsylvania, 88G....Weste;n-
laud, 675
To Copenhagen, per steamer Thingvalla. 521
i
4 3(;0
'
.1
20
1 sgi
521
50
'i
,r
lo Central America, per stcanior Colon, SO
Uverpool, per steamers Califonjinu, 2,363
^'^''^
Professor, 6,560
Thessaly,
-dX
o-A-n-J''''*",<v'^«*'
3,930..., Ursula, 4,230
77 23,959 *
WBW Okleans—To
i-
.
1
.
December
:.
THE CHRONICLE.
14, 1869.]
799
•t^ Dm.
To Havre, per s'eamers City of Manchester, 7.096 ...Havre
7,063
.Ki-hrwclder, 5,788
Pomeranian, 8,62S
'"34 093
Soot Grej-9, 4,fi21
To Rouen, pt-reteatiier Gwendoline, 1,832 ...
1*832
To Bremen, per ht ainer'< Calah la, 5,587 ...Clare, 4,754
Disooverer, 5,741 ..Ettrlckdale, 4,496 ...Magda, 6,00l' 26,582
To Hamburg, perstamer Waterloo, 500
tiOi)
To Antwerp, per steamer Havre, 449
449
To Keval, per steamers BntlsU Prince, 5,910...lieariettail.',
5,950
^
11 QgQ
QliVESTON— To Liverpool, per steamers Amettiyst,"3,r8S ' '
Blr -hli-Id, ."i,H76 ..Dunliolrue, 3,900
'..'.
IJ 761
To Havre, per steamers Almandme,
Fmprorg.'"
9'h18
ToBremiMi, per steam ra Britannia, 5,363
'
Nith, 5,051
Siratlispoy, 3,700
..
14 llfi
.!"'.!1"".
pir sreanier Haverstoo. 50
To Hamburg,
50
To Salerno, per bark Marco Polo, 2,365
!.II".
2 365
To Vera Cruz, per 8 eam>T Whituev, 1.330
1*330
.'..'.l'.
eAVANNAH-To Liverpool, per steamerj Druinburlle, 7,419'...I
Dunkeld, 7,505
14 924
To Bremen, per st -amer County of Salop, 5,844.... .11.1.111 6,'814
To Eeval, p< r steamer AUie, 2.500
,„ 2,500
Charlesto.n— To Keval, per steamer Queen, 4,950
4,950
To Barcelona, |ier steamers Naranja, 2,600
Trojan, 4,566
prr bark Agapito. 692
7,792
Wn-MiNGTON—To Bremen, per steamer Guy Colin. 7,600
7,600
NOEFOLK— To Liverpool, per steamers Essex, 5,860
Stanmore, 121
B,9S1
West Point— To Liverpool, per steamer Prlnoipia, 7,092 "11111 7lo92
Newport News—To Liverpool, per steamer
,3,666
3,666
BOSTOS— To Liverpool, per steamers Bul.'arlan, 2,004 .
Kansas, 762 .. Romiin, 664
Samaila, 363
4,293
To Yarmouth, per steamer Yarmouth, 1
1
Baltimoris: To Liverpoo, per steamer Caspian, 1.265
1.265
To Bremen, per steamers America, 1,9.14
We3er,2,109 .. 4,043
Philadelphia— To Liverpool, per steamer Lord Clive, 1,169... I,lu9
Opm
•tc Ow. .
r.
Lne. aiM. Optn
.
mtk Uim. Otm Opm
Sl«a
1«.
Uv.
'
'
'
4.
December
8 87
Oeo.*Jan..
87
Jan..Feb..
8 87
Fab.>Miircb 6 3*
Aprll.May..' BtiV
Liver- Lellk
<t
and
<t
Hamburg^
voof. Lontl'fn.Ro'ten.
Rcval, loiatt A Yari£c^ Salerno, mouth.
York.
9,318 3,303 1.40.1 4,660 2.108
N. Orleans. 23,959
35,925 27,082112,309
Gal vest on. 1-2,761
9,818 14,160
2,365
Savannah . 14,924
5,84
2,500
Charleston.
4,950 7,792
Wilmingt'u
7,6o6
5,ci81
Norfolk....
West Point 7,092
News
N'p't
3.'
Boston ....
Baltimore
99.275
1,3.>0 40,440
23,'J68
12,74i
7,600
5,v81
7,092
68
3.f;66
4.293
1,265
1.169
Plilladelp'a
Totrtl
50 20,839
1
4,013
Total.... 81,428
3,303 47,143 63,395 21.867 10,157
4,294
.^30S
1,169
1,381231,674
Cotton freiKhta the p^t week have been as foUo*8:
Satur.
Mon.
Tuet.
Wednet.
Thurt.
en
''32
Hi
'32
'32
'3»
'32
'18
'16
'le
'u
'18
»1«
•l«
Liverpool, steam d.
Do
latedcliv'y.rf.
Havre, steam
Do saU
Bremen, steam
Do
Do via
....
.--.
e.
9l8
»18
Do
sail
»8
....
....
"»
....
'^
=8
»8
....
....
....
70'
70*
indirect.. d.
d.
...
»I8
....
<%
indirect. c.
Beval, steam
....
..•
"is
c.
steam.e.
Amat'd'm, steam. e.
Do
....
70*
70«
70-
....
2if^a 38
d.
70*
....
&u3 3e
Bj8®38
">16®=8
^li^H
Hn'^
....
....
Saroelona,steam d.
Genoa, steam .. .d.
^18
"Sis
»18
"18
*18
^18
H«
Hk
O18
»18
»18
Trieste, steam... d.
"32
"33
1'32
"32
"S2
'l«
":!3
^-.2
'32
'33
'33
'32
Antwerp, steam d.
Per 100 lbs.
....
...
—
Nov. 22.
bales
Bales of the week
01 wtiloh exporters took....
Of which speculators took. .
Bales American
Aotaal export
Forwarded
Total stock- Estimated
Of which American— Estim'd
Total Import of the week
01 which American
58,000
5,000
2.000
46,000
7,000
82,000
603.000
421.000
1:0,000
14vi,000
Amount ahoat
296,000
Not. 29.
61,000
4,000
2.000
43,000
8,000
79.000
651.000
467,000
134,000
117,000
349.000
332.OO0
Dec.
6.
55,000
4,000
4,000
46,OO0
M,0)0
84,W>0
702,000
516,000
143,000
128.000
305,060
Dec. 13
56,000
4,000
3,000
47.000
6,000
81.000
7.=i6.000
567.000
141,000
l-.'li.OOO
323,000
2H7,onO
300.000
29U.<«
Of which American
The tone ot the Liver^>ool market for spots aad futures each
day of the week ending Dec. 13, and the daily closing prices
of spot cotton, have been as follows:
Saturday
p.
M.
Mid.Uprds.
Bales
Bpec.
cSt
exp.
Jfonrfay.
"TuMday,
Dull.
Market,
1:45
Steady.
Firm.
Wedna. Thurtd'y.
In l>uyers'
favor.
Fair
business
dolQg.
5=8
558
5=8
5=8
10,000
1,500
10,000
1.000
10,000
1,000
12,000
1,500
Oniet at
5 '8
8.000
1,000
Steaily at
partially
1-tH adv.
partuily
1-ut adv.
Firm.
Firm.
FYiday.
p. M.
The
887
038
080
iL
d.
.
043
)
Steady.
Barely
steady.
088
088
038
087
088
088
5«1
Otf
044
187
SS7
040
Tkars., Dae.
I'J.
087
087
087
088
S80
040
048
48 048
44 840
8 48
Otat,
Opm
Hiltk
4.
4.
080
833
B8S
837
838 8 37 889
&3» 8 8l> 8 89
811 8 40 841
8 48
8 48
41
42
043
4.
087
88 187
087 888
87
018 0.1* 081
88
88 088
6 87
088
lie
040
048
041
048
ou
44
888,840
OpM
8*
40
41
OU
oa
40
88
«•
<a
4*
44
Hlf* Lm*.
4.
087
n
88
88
88 088
• «0:84I
41
A
4.
88 08)
88 887
42
8 43
843 041
44
IN
»«
Vrtn Dee. 13.
4.
8 42
4,
(88
081
640 048 048
£m>. OIm.
8 43
44
48
043
844
8 4t
43
4.
088 887 088 087
088 087 088 081
887 088 087 088
87 088 087 088
888 040 888 040
8 40
41
840 841
I
Jaly-AoK
4.
iL
4.
December.. 883 838 088
Deo. .J an... 885 836 838
Jan.-Feb...
8 98 8S« 8 88
F«b.-March 6 8« 8 87 S 38
lCoh..Aprll.jOST
April-May..
8«
Uay-Jnne.. 8 40
Jane-Jnly., 041
4.
'I'
44
44
IM
88
87
as
88
6 40
OU
43
644^040
46
14
am.
A
S87
»«7
•
?
N
888
• 41
048
044
040
BREADSTUFF S.
FRU>.Lr, p. M.. Deo. IS,
!••.
The flour market has at times reflected a pretty fair axport
demand, but the local traie was dull througnout the week,
and 8 me of tne products of winter wheat hare favored bayera still no decided decline can be quoted.
Rye fl ur has
;
been dall at the advance m%de last week, as our local d«alers
and bakers are very unwilling to pay it. The m»rket to-day
was excessively dull; holders give no encoursgement to
stimulate business by reducing prices, and thereioru generally msintained figures nominally u-ichauged.
I'he wheat mtrket has been inactive and prices fluHuated
within narrow liinit'j. Cthle "dvices werd g-n-irilly batter
until yesterday near the clos-?, when they caused as^lllax
movement, under which prices n )t only lost the -arly advance, but closed a considerab e fraction oflf, especially for the
more remote deliveries. To-day the market again gave way,
and the specuL-itioa w«8 without spirit. The exp jrt onsiness
early in the w»ek embraced choice sa npl->s at extreme flgarm,
but latterly nothing of moment has been dune.
DAILY OLOSINO PRIOBS OF aO. 8 BSD WTHTICK WHIAT.
December delivery
January delivery
February delivery
Mari'h delivery
April delivery
Hay delivery
Jane delivery
o.
o.
o.
c.
....o.
o.
o.
Ba«T at
l.R4®'-M
and closing
Fri.
84 <•
8.^%
85:%
84 14
85
87
86i>8
8738
PS"*
87 '8
8-U
87*
89
89
SB's
88''8
88 >«
8«^
87»4
b8'8
87 ig
8tfl4
87 id
861,
87%
Sat.
December delivery
January ilellvery
Feliruary delivery
o.
o.
o.
March dehxery
Mm.
42^
41%
42
42'8
o
88^
87S8
88
se^
87^
88*4
8838
8T>a
42
41%
41%
Wed
Tue».
42\
42'8
Thun.
4."b
42
41=8
41%
41%
41'8
42%
41'4
41 >•
41i«
Fri.
42 «
4l>8
41'«
I'lag"
41%
o.
MaydeUvery
Oats were taken prettv freely for export early in the week at
hardening valuta, but this movement abated and p i. es weakene 1. The business for export for the week is about a quirter
of a million, but nothing is reported for the past few days.
DAIJ.T Ot.OStlia PKIOBS OP MO. 2 HUJtu UAIH.
41%
4l»»
4ia|j
Sal.
December delivery
January delivery
February deUvery
Xon.
Tueji.
Werf.
Thurt.
Prt.
0.
29
28%
2S;8
29_
2«%
o.
o.
28''8
28=8
28'e
28>«
28%
28%
a-;8
•i8\l
28%
2
28»»
SS"*
28>«
28'«
2^%
Jj
2S»8
2i»B
28=8
28%
0.
May ueuverj
Rye his further advanced. On Monday last B6,iK)0 bush.
Western No. 2 sold lor ihe Conti'ient at 60c. dfliverod, and
choice S ate brought 6nc., but in the pa«t Jew days little has
been done. Barle.» has b*'n quiet and uncbanged.
The following are closing quotations for wheat flour in barsacks sell slightly below these
(Correspouding grades
rels.
m
figures)
s
bbl.
FLOCR.
$2 10»$2 50 Otyslilppln?. ettra*.
2
409 2
751 llye Hour, superllne..
265<»305
Fine
35« 3 75 Corn meal80a 5 25 Western, *0...
45O»50>i; Brandywlue...
Buckwheat Flour per 100 lbs., $1 60a$l 75.
3
30»4<0
26j#295
4
S2.'i»34>
2.to* 2 60
4
8G5*
8 70
60
63
28
30
63
C3
30
OKAIM.
per bush...
Spring No. 2
Bed winter No. 2 ..
Kfd winter
White...
Corn - Weet'n mixed.
WBKt'n mix. d No.2.
We»t>.rn yellow
WrBieru white
8|irlnK,
Steady.
Steady.
Quiet but
Steady.
steady.
J
opeuiiisi, hiKtiesl, lowt-st
nun.
84\
85J8
861^
speculation, but at drooping valuts.
DAn.T 0LO8IHO PKIOKS UF NO. 2 MIXED OOBR.
Fine
decline.
Steady.
Wed.
84^
84 '8
86 ig
was reduced, and ttie extr»'me dulnes'* of the local trade,
which is usual in December, and latterly prices have favored
buyeis. To day the market was very null on the spot, but
ini^reased o£frrings gave an appearance of aauuatioa to the
a.iporhne
Extia, No. 2
£xi;a. No. 1
Patent, sprmg
Pat-nt,wiiit.r
5 -8
TUKt.
83-'8
port
Freely
8.000
1,000
Jfon.
84
85 Vt
The speculation for th4 rise in Indian corn h<i8 received a
check from the small quantit es to wliioh the buying lor ex-
Wheat-
Market, \
1:45 p. M.J
4
888
088
088
017
OSH
088
041
Up«n BitK Una.
offered.
tuturei.
Market,
S38
086
088
087
088
08«
041
'32
Liverpool. By cable from Liverpool we have the following
statement of the week's sales, stocks. Sea., at that port.
Bpot.
080
088
088
088
087
B8»
040
048
37
4.
Sal.
'is
c.
indirect
Hamburg,
9 37
....
c.
.
4.
Wsdnes., Dec.ll.
The
New
*.
MsT-June..: S4S 044
Jaae.July..| 048 843
July. Auk..
41
44
Total
231,674
particulars of tSiese shipments, arranged in our usual
form, are as follows:
AntCent.Amer.f
Suit, Havre Bremen wtrp, Barce- Y. Cruz
«.
Moh..April.{C88 Oil*
'
—
4.
prioes ot futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Lo w Middling clause, unless ottierwise stated.
Buckwheat
o.
0.
78 • 90
87 « 90
84ia» 86
75 • 90
80 » 90
41
» 43%
42ig»
43 »
42 «
43 ®
43'«
44 "a
43%
45
Ry»W'estem
o.
bn
Stale and Jersey
Oat- -Mixed
White
No. 2inixed
No. 2 wblie
..
Si's* 32>a
Bailey—
2-rowed State
4-iowod Slate
Canada
:<4
2»^t 24%
53
55
67
• 54
«
S8
» 70
.
.
.
.
:
.
THE CHRONICLE.
800
[Vol. XLIX,
Btatoment below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Westem lake and river ports, arranged so as to present the comparative movement for the week ending Dec. 7, 1889, and
since August 1, for each of the last three years;
were placed for leading makes of kerseys. Heavy cas^fimeres
and worsted suitings ruled quiet, and there was a moderate
business in satinets and doeskin jeans. Cloakings and stockinets
were in light request, but there was a fairly satisfactory trade
in soft wool and worsted dress goods.
The demand for flannels, blankets and shawls was checked by unseasonably mild
weather, but prices remain steady and stocks continue well in
Aceipti at—
hand.
The movenaent
of breadstuffa to
Ohloafro
655,622
197,435
],«4e.449
1.444.810
66.803
91.t7S
47.785
U.032
132.6U9
100
MInneapollg.
Toledo
1.928
Detroit..
S.«45
6.489
.
dereland-.
..
Bt.Ix>nls
2S.069
8,440
Peoria
Tot.wk.
-89.
1,335.559
267.278
100.520
Ullvankee..
is
OaU.
indicated in the
Barlty.
RV,
flmveo Ibt ButKSeib BMh.S21bt BlMh.48 1^ Bu.
ShttAfmihs
Dnlnth
Com.
WKtat.
rtouT.
market
793.380
65,0J0
56 lbs
409,923
88.531
169,440
25,760
2.800
1,500
9.570
5«,8S2
11,412
1.992.020
29.714
58.400
245.450
288,600
164.C0O
13,440
1,857
.-.
140,413
19.235
23.200
56,400
61,600
32
23.100
8,250
3.930,187
3,814.-21
1.348,744
787.157
153.296
2.368.217
3.417.382
1.401.462
1,802.523
1,830,885
3.343.714
4.999.631
74.717.968
52.«rt0,476
4.42B.375
4.8IS.6I5
58.511.298
62.629.635
Bame wk.W.
Since Aug.
1889
1,117.380
817,114
132,546
56,698
13.149.6S8
3,068.372
44,067.078
37.018.314
39.331.380
14.246.875
1887
35.S2fl.0SS
34.841.429
13.839.118
The exports from the
eDdine Dec.
7, 1889,
are
several seaboard porta for the week
in the annexed statement
shown
Com.
FUmr.
Bwh.
Bbli.
224.237
51.361
374,977
78,992
79,236
29,127
24',672
26,608
Bosron.
Portland
Montr, al.
OaU.
Suth.
94,499
Rye.
Balfim're
N. Orrns.
46;6o6
454.642
249,860
N.News..
Rlohm'd
BusK.
11,686
100
30.156
12,113
85,129
54,055
18^233
79,562
534
.
lot. week.
339,670 1,135,079
207,049
94,499
322,275 1,019,181
93,988
3,184
8'me time
1888...
22,227
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by water, Dec. 7, 1889:
Wheat,
Com,
Oait,
Rye,
Barlty
store
at—
bvRh.
KewYork
Do afloat.
5,844,672
1,320,000
Albany
3,645.323
4,415,562
875,609
3,698,089
73,000
945,340
414.213
50,000
1,851.635
OMcago
Milwaukee
Duluth
afloat
Toledo
Detroit
Oswego
Louis
afloat
Olnuiuuaii
35,000
80,884
86,937
248.634
528,732
14.175
Boston.
Toronto
Montreal
Fhiladelplila
Peoria
Indianapolis
KansaH
bnth.
1,105,163
157,700
47..500
BniTalo
Do
250
Africa
West Indies
237,8.54
City
Baltimore
Minneapolis
8t. Paul
On Mississippi.
On lakes
••
277,255
1.202,985
7,143,865
295,000
.
56,000
hvsh.
946,291
129.100
54,000
275,64 6
373.207
744.275 l,634,t-5S
2,506
3,470
25,606
61,777
b^ish.
58.!54
215,800
76,0"
39,149
436,036
78.656
65,573
'33,i08
17,»(-6
124,306
23.787
4,717
391,264
37,193
13.000
219.852
5,744
33.436
117.344
162.251
12,000
23,543
'"2,586
21^9.524
*
Total
China, via Vancouver
21,738
5
57,54 <
61.779
74,895
539,953
10*),li
112.318
44,580
102,224
'76.380
From New EnKland
606
30
63
629
13,4 47
4.667
.^,e04
34,037
8
1,505
541
133,339
38,905
1,363
176.387
points direct.
2,046
172,334
The value of the New York exports
since January 1 have$S, 178, 177 in 1888.
for staple cotton goods at first hands continued
irregular, a fair t)u>ine8s having been done in some descriptions, while other sorts ruled quiet.
The tone of the general
market is decidedly firmer than for some time past, and most
makes of plain and colored cottons are in exceptionally light
supply. Light fancy prints have been opened bj a few of
the agents (at about last season's prices) with fairly satisfac-
The demand
tory results, and ttiere was a fair business in printed and
woven cotton dress fabrics, white goods and table damasks.
Print cloths were in light demand and ea>ier on the basis of
3 11- 16c. for 64x64s and 8 8 16(d:33.^c. for u6x60s.
I8K9.
1888.
Stock of Print Cloths—
Dec.T.
Held bv Providence manurers. 270,000
Dec.
1887.
Dec. 10.
8.
2=>,000
None.
None.
1.000
None.
None.
210,000
31,0O0
37,000
30,000
288,000
26,000
308.000
Fall River manufacturers...
Providence speculators
Outside speculators (est)
bunh.
18,(100
325.001)
38.000
Total stock (pieces)
518047
—
1886.
Dee. 11
59,000
94,000
42,000
20,000
2)5,000
Foreign Dry Goods. The demand for foreign goods at first
han(]s was almost wholly of a hand to-mouth character, and
the jobbing trade was light and irregular, intervals of unfavorable weather having caused retailers to govern their pur2,824
Spring dress goods, partic46,913 chases by positive requirements.
•
650,0
ularly mohairs, are largely under the control of orders (as are
135.606 some Continental dress fabrics)
and prices are very firm, as
in fact are most descriptions of imported goods.
es'.ooVi
34,200
Importations of Dry Good*.
164, 88X
62,952
S
s
P
245,715
305,168
2h
30I245
21,127
8
*£.
2:
a:
OS)
P
^5^2
Si:?
gp
2*
g.
cw
mIS
lot
e*
9,
••7
5,063
2,156
39,904
8.520
12,763
4 778
125,474
50,913
1,363
Hiill
120
32
10
been $7,545,069 in 1889, against
146,623
700
45.000
866.102
167,777
3.000
238.321
1S88.
Week. Since Jan. 1.
1.
8,611
1,739
33,787
5,913
6,566
4,831
14,167
3,629
5,799
37,623
2,806
28
230
49
58
410
32
.....
Central America
Peat.
Bush.
85,129
357
PhUadel
St.
India.....
900,629
Wheat.
New York
Do
255
51
Total
Btporu
from —
In
Great Britain
Other European.............
China
8.307.150
1.
1888
1889.
Week. Since Jan,
»es,890
1S7.854
217.248
8ame.».'88.
—
Domestic Cotton Goods. The exports of cotton goods
from this port for the weekending December 10 were 1,363
packages, valued at $91,433, their destination being to the
points specified in the table below:
2:
S'S.
:
'
'
I
B;
.
:
i
et
.
2
541,656
"loiists
466,000] 165,000
Tot. Deo. 7. "89. 33.340.664 5.729. 3S04.869.318 1,114,932 2,774,181
Tot. Ni.v. 30.'«9. 31.472,359 6,204,l-.;8 5,116,954 1.262.331 2.992.573
T>t. Dec. 8, '88 36.569.951 6,576.017 7,591,592 1,639,638 2.237,905
Tot.D. c. 10, 87 41.980,155 4 958,8".5 6 233,456 292,!<02 3 598.903
Toe Dec. 11, '86. 59,989,530 11,01 6,w27 5,122,963 403,328 2,785,727
.
THE DRY GOODS TRADE.
New
Tors. Friday P. M., December 13. 1889,
The situation in the dry goods trade has not materially
changed duiing the week under review. The demand at first
hands was* character zed by a good d>al of irrekularity, seasonable goods having been more or l.-ss quiet because 01 the
miliiness of the weather, while a very fair bu iness in ppri
g
fabrics was done by some of the cummi sion hou-ts. The
jobbing trade w«s sluggish, as usual at this stage of the season, 1 cal an
near-by retailers having bought sparingly in
order to aw»it the '• closing out " sales which are generally
made by leading jobbers preparatory to -tock-taking at the
end of the year. The Urge commission house of Lewis
Brothers & Co.. whose suspension occurred some lime ago
has been re r.iHnized under the firm style <.f H & W. H.
Lewis, and another feature of the week was the failure of
Whitney & Company, a mod' ra'e sized commission concern,
with liahilitiesof about half a million ($500,1/00) and unascerained assets.
OSM
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Domestic Woolen Goods.—There was a fair influx of
wholesale clothiers in the market the p-ist week, and their
presence imparted a more cheerful feeling to hoi lers of men'swear woolens, but in r< ality there was very little increase in
the volume of business. Trans ic iois in spring ca-simens
and worsteds were only moderaie in the ajigre. ate, but there
was a fair movemei.t on account of back orders, and prices
remain ptendy on all the most desirable make-". Ov< rcoatings
were in irregular demand, fur beavers and chinchillas lnving
been only in moderate request, while some very fair orders
^l
p,"'1
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@FedFRASER