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HUNT'S MERCHANTS' MAGAZINE,
BJiPKSaKNTINO rHB INDUSTRIAL
ntan-il aooonUnK to Ant ot Oonitreu. In the

VOL

AND COMMERCIAL

]re»r 1892,

bj Wm. B. Daha

IN rBRKSTS OP THK UNITKD STATKB.
A Oo., In the offloe of the Librarian of Ooovtta W ablnirloa, O. C.
-,

SATURDAY. DECEMBER

55.

17, 1892.

by a amaller numbar of banki

%ht Chr0nwlt.

do.

New York
8ol«o/—

The Investors' Sitpi'LKMKnt of 160 pages Is Isgned every other
mouth, on the last Saturdays of .Tanuary, March, May. Juljr, Beptcmber
and November, and furnished without extra charge to all subeerlt>ers
of the CHuoNici.K for six months or longer.
The 8TATB AND City Scpi'I.kmknt of 184 pages Is also given to every
yeaWy subscriber of the Chroniclk.
Terms of AdTertlsinr—(Per Inch space).
$3 60 Three Mouths (13 times).. $26 00
Onetime
" ).. 43 00
(26
(4 times).. 1 1 00 Six Months
One Month
" ).. 18 00 ITwelve Months (52 " ).. 58 00
(8
Two Months
London Airents:
I

Heesrs. Edwards A SMirH, 1 Drapers' Gardens, E. C, will take sub•oriptions and advertisements, and supply single copies of the paper
•t Is. each.
Co., Pnbll>Iior«,
wTiTTiu
UA.^A.^(1VI1.I.IA™ B. DAN.l
WILLIAM H
B. nivi

JOHN

FLOTD

O.

NKW VOHM

j^^ William Slrct,
Post Ofkick Box

(

.

058.

CLEARING HOUSE RETUIiNS.

week

last;

(J>Mral«wn

Boston
ProTldenoe.
Hartford....

New Uaren
dprln,i11s.d

Worosater
Portland..
[.owall

New

Bedford,

Fall BlTsr*

New

Total

Bnsland..

Philadelphia

Pltubarx
Baltimore
Buffalo

Wasbliurton..
Rochester
drraoase
WIlmlnKtOD...

BiDahamton.
Total Middle
Chlcaco

ThefollowinK tablp, made up by telegraph, etc., indicates
that the total bank clearings of all the clearinK houses of the
United Statps for the week endinj; to-day. December 17, have
been $1,407,960,316, against ?l,35l, 645,792 last week and
$1,220,599,434 the corresponding

tkorts.)

(iltocM
(OoCton.

...ieilPs.

do.

&

year.

CHnctnnatl

Mllwaokee
Detroit
(Cleveland

Colombns
Indianapolis

..

Peona
Qrand Kaplds
f,ezlnjiton

SaKlnaw

Wetk Endino December

OI.EABIIIQS
Returru by TtleqravK

Hew York

Per Cent.

•••

l!<,607,6-.i»

•••«..«•...

91,SC6,171
23,017,900
18,227,168

«602,730.543
80 856,468
(4.637,083
12,(140716
82,S7 2,030
20,929,746
11, 27}, 684

$1,000,993,097
166,949,986

•866,841,230
: 60,086,307

tl, 166,043.083

242,017263

•1,016 9.7.416
304,671.988

tl.407.960.346

«1.220,599.4S4

(T0O,A4e,l>»e

P5.330,e96
63,923,70i

Baltimore. .•>•..«.»> •*

gprtniffleld.

C*

Akron'

Boston
PbUkdelphla
Ohloago...«.
8t. LoolB......

17.

1891.

1893.

Hew Orleans
Seven cities, S days
Other cities, 6 days

Total Middle Western.

ton Krandsoo.
Portland
Salt

Lake

City.

SeaUle

Taooma
Uos Angelas
Qreat rails
SIOUX Falls

Spokane*
Uelena*

ToUl

Paotac,

Kansas City
Minneapolis

Total all olties, 6
All cities, 1 day
Total

The

all cities

days-

for

week

full details of clearings for the

SuPaol.

Omaha
+15-S

week covered by

above statement will be given next Saturday.

the
of

We cannot,

course, furnish them to-day, bank clearing beinR 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,
covering the returns for the period ending with Saturday

noon,

Re.

for the

10,

week

is

and the comparative totals in 1891. The total
only eighty-four and a-half millions of dollars

than that for the preceding week, but it should also be remembered that t' e week ending Dec. 3 included cl'-arings due
to the usual monthly interest paymonts, etc. Speculative
transactions on the New York Stock Exchange have been
slighily greater than for the week nding Dec. 3. Compared
with the corresponding period of 1891 there is a gain of 9-7 per
cent in the whole coimtry and 13 per cent outside of New
York. In percentage of increase Duluth leads this week with
64-8 per cent and is followed bv Lexington, 49 2 per cent
New Orleans, 45-7 Seattle, 38 5 Houston, 31-8 and Great
The heaviest lost-es have been at IndianFalls, 301 per cent.
apolis, 45-2 per cent, and the most prominent gains this week
are at Fort Worth, 60-3 percent; Nash' ille, 40-7 Hartford,
38 St. Joseph, 371 ; Chattanooga, 83 5 and Syracuse 327 per
cent. Indianapolis leads in jwrcentage of loss with 46'8 per
cent, but this is in great measure, if mt wholly, accounted for
less

i

Denver
Oulnth
jt. Joseph
jloaz City
Des Moines

WIchlU
Lincoln

ropeka
Emporia, Kaa.*
rotal Other

Weet«rB>

dt. Itoals.

.Sew Orlea
LonlsTllle

Qalveston

Memphis
Savannah

...

llonston.

Htcbnoad
NasbTllle
Kilanta
Norfolk
Dallas
rort Worth.

Waoo.
Blrmlncham
Cbattanooaa
CharlesIOD^
Jacksonville*

roUl aoatheiB

;

;

;

;

;

in the Clearing Hou-ie A,iiooi»>

(TMk M%ft

In Adranee:
*10 00
For One Year
6 00
ForSIx Months
Buliscrlptlon
(iiicliKlInK
postiisel
12 00
Eiiri>|>«an
7 00
European Subscription Six Months (InoludlnK postage).
£2 lOa.
Annual Subsoriptfuu In Loudon (InolmUuK postage)
do.

1.434.

tion this year.

Terms of Sabgcrlptlon—Payable

Six Mos.

NO.

Total aU
JaUlde Mew Tort.

Montreal _.....
roroato
Halifax
Uamllton
TutaJ Caaiada.

Dk

«.

THE CHRONICLE.

1010

rvoL. Lv,

in the city, but the out-of-town inquiry

THE

STATE AMD CITY DEf ABTMEWT.

is lighter and
the offerings are gradually increasing; rates are 5 per
cent for sixty to ninety day endorsed bills receivable, 5:^

to 5| per cent for four months commission house names,
and 5^ to 6 for good single names having from four to
The bank return of last week
All advertisements with relation to State and City Bonds six months to run.
showed that four of the larger banks held $3,961,200
wUl likewise be found on the same and following pages.

See

pages 1049, 1050, 1051, 1052 and 1053

for our State

and City Department.

out of the $5,509,800 surplus reserve reported by

all

the institutions.

THE FINANCIAL SITUATION.

The French Chamber of Deputies has passed through
another
excited session.
This time the question was of
movement
in control during a large part of this week, though giving the Panama Investigation Commission judicial
aside from that the tone and tendency for good proper- powers, the ministry having announced that it would

The

ties

has held the stock market

gold export

has been strong.

It is not so

much

of that metal in progress to-day which

the
ia

movement oppose

influencing

men's minds as the past movement and the future posWe have remarked upon this subject in a
subsequent column. We see that the Brussels Congress has made some progress since our last.
That is
to say, the committee appointed by the Conference to
consider the various projects submitted have reported that they do not feel justified in accepting
any of the plans proposed or in formulating a compromise between the varying monetary doctrines advanced.
And yet, in face of this authoritative admission of
complete failure to reach any conclusion, the cable
dispatch adds that a proposal will be made at the next
and last meeting, which is to be held on Tuesday, "that
the Conference adjourn to June 6 without dissolving."
-So reason is given for continued existence. We assume,
in the lack of any other suggestion, that the adjournment will be made if it is made in the hope of thereby
aiding to defer the repeal by Congress of the 1890 silver
purchase law.
This is our fear, and it is the only cause
for our being disturbed over an attempt to prolong
the life of this moribund body.
Money on call has b:en more active this week and
rates higher.
Tnis movement his baen chiefly speculative, parties seeking to depress the prices of securities having taken advantage of the current shipments
of gold, and also of the prospect that a large amount
would go forward next week, to bid money up and so
influence the stock market.
The first flurry was oq
Tuesday, efforts being made in the afternoon of that
day, when the gold shipments became known, to create a
scare in the market, rates being run up to 6 and even
7 per cent, but immediately thereafter there were large
amounts offering without finding takers and rates fell
back at once up to Tuesday night the extremes for actual loans made were 5^ and 4 per cent.
On Wednesday
there was some money put out at T per cent, but that
brought 1 the mark .t a compj,ratively liberal supply.
sibilities.

;

Thursday money was easy

in the morning but in the
was again bid up from 4^ to 15 per cent
and moderate amounts were loaned at 10 per cent, making the average up to Thursday night 5^ per cent.
Yesterday loans were made at the Exchange at 25 per
cent and from that down to 6 p^^-r cent, so that the

afternoon

it

average for

the

The bidding up

wetk has been probably 7 per
of

cent.

money has been aided by a calling
and an increased tendency

in of loans by some banks,

to discriminate in collaterals.

While this movement has b.en in progrt-ss i the call
loan branch of the market, time contracts have been
only in fair demand and the atno.iut of money offering
has proved more than sufficient to meet the inquiry.
i

Rites on good mixed

colla':eral

thirty to ninety days

and

month:}.

Com

nerci

il

were 5 per cent for

6 per cent for four to six
paper continues in fair demand

that proposal.
After a warm, boisterous debate
the ministry was supported by a vote of 271 to 265.

The bourse was

unsettled early in the week by the
M, Rouvier, bat the events of the week
have made no impression upon the money market

resignation of

seem

to

at Paris.

The

cable reports discounts of sixty to ninety

day bank bills in London If per cent. At Paris the
open market rate is 2^, at Berlin it is 3^ per cent and
at Frankfort 3^ per cent, the higher rates in Germany
being due to the settlements usual at this season of the
According to our special cable the Bank of
year.
England gained £65,444 bullion during the week, holding at the close £24,758,144 this gain, as we are also
advised by our correspondent, was due to the export
of £40,000, wholly to Bucharest, to the import of £15,000 from Poriugal and £5,000 from Brazil, and to the
receipt of £35,000 from fie interior of Great B-itain.
The Bank of France gained £336,000 gold and the
Bj,nk of Germany, since the last report, shows a decrease of about £204,000 of this metal.
Foreign exchange has been dull and firm this week
and, compared with last Friday, rates remained unchanged at 4 86| for sixty day and 4 89 for sight until
Thursday, when the Bank of British North America
and Baring Magoun & Co. advanced the long rate to
4 87.
Yesterday Brown Bros, reduced long to 4 86
and short to 4 88i, and the close was weak
active
money.
The marin
consequence
of
ket has been almost bare of commercial bills and the
;

few that were offered were promptly absorbed. There
are no new loan bills being drawn and few or no drafts
securities, and the demand has been
from bankers, who are closing out matuiing
loan bills and remitting the proceeds to the other
side, thus returning money which has been used here
during the past sixty or ninety days, and it is going
back in the form of gold. The shipmeuts of gold
this week have been on Tuesday by H-idelbach, Ickelheimer & Co., $1,000,000; by Ladenburg, Thalmann
& Co., $750,000 by Baring, Magoun & Co., $500,000,
and by Kidder, Peabody & Co., of Boston, $500,000.
On Wednesday Lazird Freres engaged $1,000,000 and
Ladenbuig, Thalmann & Co. $500,000 for shipment
on Thursday, and $500,000 was also shipped on
Peabody & Co., making
day by Kidder,
that

made against

chiefly

;

the

total

for

week

the

$4,750,000.

It

was

reported on Thursday that more gold would go by
the steamer sailing today for Liverpool, but now it is
said that none will be sent until Tuesday of next week.

Exchange yesterday,

as alie idy stated, closed weak, with

rates for actual business 4-86 to 4-86i for long, 4-87i to
4-88 for shoit, 4 88^ to 4-88i for cable transfers, 4-85i

prime and 4.85 to 4-85i for documentary
commercial bills. The statemeLt issued thij week by
the Bureau of Statistics of the exports of breadstuffs,

to 4-85i for

provisions, cotton, &c.,
UU:

is

subjoined.

1

Dbokmbir

THE CHRONICLE.

17, 1809.]

jr BRSAMTOVni, rROTIMOnt, oorroM 4IID rarmoLaoM.

XrOKTS
fnmC.a.

irowmter.

N«vmUr.

UHoiMt Svmbtr.

llMoiiM*.

8.880,480

16,811,040

788,080

9.818,131

I7.7»4,84J 1S8,<S0.S«4
s,n«j87 88,747,540

80,101,888 10O,55a,888
8,08M8» 84,889,185

8,88M80
U8a,58<

88.553,898

tl,lSl.«S4 851,818,110

88,1(8,117 184,78e,0U

8.«Mjm

178,898,591

1,SM,0M

n<«ir...bbU
.bn.

Com... bush.
Tot.boih,
Vtitutt.

Wb'tJknour.
Corn 4 meal

Rya
Oita A
««rlor

mMl

Prorltluna

8
1
8,770,8U 88319.191

84,588,878 l»4.0?7,a07
11,808,807 184,430.065

T.6S8.004 198.719.130
11,747,078 t47.llO.7ta

.>i0.784.686

.

18.888,088 156.001,880
88.811.878
a,Btn,550

P«trul'ni..to

Tot. Ttlo*

8i,818,5l>8

1
1
1
t
l^44«,8sa 178,8l»,7«» 81,408,181 Ua.«4S,7S8
1.40aj48 18.806,884
1,784.440 87,088,888
6.588,458
810,418
4.404.886
108.741
1,114.888
587,880
8,348,874
88,077
1.848,155
848,488
1.071.7811
10.1.381

Rr'il>toa».

Cotton

4a.94H.OM

14.885,780 110.ll85.054
1,148.808 11,088,081

ll,BM.«0t 1I8.U0.884

WhiMt.lufh

888,884

7S.068.888 808.888,883

8,808,585

88400

l,0OS.H7O

86,848

4M1.151

19.888

48ll,l»4

4.508.888

41,474.186

08,488.819

87.710.848 808,805,888

hon

In kll month! MiA raar*.
tlio above flgnrea •re baaed on the
oOTer
iasiioa l>y the Bureau of atattstlo*.

Includlnsoitttla and

NoTK.— .Ml

88,880.384

187.4U.8M 48,007,085 889,884488 U,58^8gS 809.498.091
!>8.S44,e81

47,700,47

881485445

.
.,
monthly prellmlnnry

>ad
fvtarna
of the totui export* of the article* named.

.

about Oi per oout

The New York New Haven & Hartford management
are

still

eyetero,

actively at

work enlarging and extending thoir

and placing

it

in condition for rendering im-

proved service to the public.
already made,

facilities

and accommo

dations, such as the public has been educated to expect

from
there

powerful
is

corporations

— Into

New Haven

like

the

New

acqnirnd th« praMOt jtmr,

Haven,

every reason to think the business will continue

llto

Lon<

imporUnt

u

Now Ilaren ranch farther north ibaa
New Hampshire and Vermont, where the
They

has not prcvioualy had any miiea(('-

are also nioful aa links in tho linee to Montreal and the

White MounUins. Wo have no doabt tho new arrangement will prove bonoflcial to all interest*. One of the
beneSte that frequently accrno from snoh unions is seen
in a dispatch from Bridgeport, published in tho daily
papers, announcing that beginning with January 1 pav
(enger rates on the Honsatonic will be reduced to 2^
cents per mile, against the present rate of 3 ooitts, and

where mileage books are used.
hoped that the effort to amend the Interstate law so as to remove the prohibition against pooling, imposed by the fifth section of the act, will be
Pooling is simply an attempt on the part
successful.

to 2 cents

It is to be

of the stronger Hoes to protect themselves against the
necessities of the

weaker ones.

stronger linee, because

Under the expenditures would

the business of the system has grown

very rapidly, and with proper

nil

carrying tho
before

Quanlllirt.

WbMt.

Norwalk,

necticiil Uivor u<'>|iiiHition8, howover, are

1880,

1881.

1««.

MatorU

ft

M)\\

get

On

their

of

equal

superior

terms the
facilities,

the business, and the weaker lines none

all

These weaker lines are obliged tt eke ont an
existence somehow, and hence to obtain business must
of

it.

make

cut rates or
latter

fiequently

kind

the

of

secret concessions

taking the form

discrimination

which

to shippers, the

of

—just

rebates

the

Inter-State

Accordingly the directors have determined law seeks to prevent. As soon, however, as the
to issue $15,000,000 convertible debenture certificates better equipped line finds that traffic is slipping away
the proceeds to be used in completing the system of from it to any great extent, it reduces its own rates to
four tracks on the New York division, including the miet those of the other road. The moment it does this
Harlem River branch, completing the two track system the object of the weaker line is defeated, and hence the
between New Haven and New London, providing ad- latter must again cut under its powerful rival. And
to grow.

New London, New this operation is repeated over and over again, till
Haven, Bridgeport, New York, etc., additional finally complete demoralization prevails. When that
equipment, motive power, etc., and extending the stage is reached neither party has gained anything, and
block system and eliminating grade crossings. Of both find themselves undertaking to carry freight at
course, the money might be raised by a further issue of less than cost.
The pool is a sort of balance-wheel to
stock, but it is not considered expedient to burden preserve the equilibrium, ensuring to the strong road
the property at present with the requirement of earn- protection against irregular practices, and affording to
ing a high rate of return on such an additional the inferior road a guaranty of a reasonable share of

ditional terminals at Providence,

The

in the line of

We

by no means regard pooling as a permethod of accomplishing the end
The New Haven has also this week leased the sought, and we are far from thinking that it will enConnecticut River road, and through- it the Vermont tirely remove rate disturbances, even if it secures
But at least it will diminish
Valley and Sullivan County, these having been among the sanction of the law.
the few remaining New England roads under independ- the temptation to cut ratei?, since a fixed amount or
The proposition remains to be ratified proportion of traffic is assured to each line at full
ent control.
by the shareholders, and yesterday the rumor pre- tariff schedules, and moreover it seems to be the best
vailed that an attempt would be made to defeat the agency for this purpose that human ingenuity has yet
the Connecticut River been able to devise.
of
We are sure no public interest
lease at the meeting

nmount

of capital.

step therefore

is

conservative action.

the

fect

traflBc.

or infallible

The roads are small ones, the total would suffer if the right of pooling were granted
stockholders.
mileage acquired being about 130 miles, but all three unconditionally. But it is not proposed to go as far
Senator Cullom's amendment reserves to the
of them have been paying dividends, and their geo- as this.
graphical position is such as to make them good feeders Inter State Commission the power to cancel any such
The Connecticut River extends arrangement if, after a hearing, they find it contrato the New Haven.
from Springfield, Mass., where the New Haven now venes any of the provisions of the Inter State act. la
connects with the Boston & Albany, to Keene, N H., that form it is difficult to see how any objection can
and the Vermont Valley and Sullivan County extend be raised to the measure.
The following statement, made up from returns colfrom Brattleboro, Vt., through Bellows Falls to Windeffort on lected by us, shows the week's receipts and shipments
an
move
this
in
see
persons
Some
Vc.
sor,
the part of the New Haven to strengthen itself against of currency and gold by the New York banks.
But
possible aggression by the Boston & Maine.
»«!<
Ri tnt H
ITm* *i84ii« Dtamt n 18, 1888.
general
a
part of
w. r.
jr.r.
t

the

step

seems

to

ba

simply

policy of extension which the New Haven management
have pursued in recent years, the latest previous illusof
trations of that policy having been the acquisition

the

New York

tonic with the

& Boston and the HousaNew Haven & Derby and the Danbnry
Providence

3ui«Boy....«

e4.S87.000

88.81 t.OOO Oikia.»8,8e«.e*e

SB.707.00ol

88.81UOO>l01«.>^8S<*ee

408^1

Twal «eM anfllxol

With the Sub-Treaenry operations and gold export*,
the result

is

at follows.

.

THE CHRONICLK

1012
WUk

Sn/Unt December

InU

16, 1892.

Out of

Bankt.

Banka'lnterlor moTemect. as above
Sob-TroaB. oper. and Kold exports..
Total

(tola

and leeal tendara

.

. .

Ifet atiant' ir.
BanltHoldin')'

Batiki.

t5.707,OOC
17,700,000

M,611,000 aaln.J3.098 000
20,850,000 Loss. 3,160.000

f54,000

.1*23.407.000 $23,461,000 Loss.

Bullion holdings of European banks.
December

Sank of

Bold.

December

16, 1892.

sutler.

rotoL

£
24^758 144

Enjtland

24.758.144

France

68.028.462 61.011,879 119.073.341
32,639,250 10.879.760 43.519.000

Germany

Anst.-Huns'y 10,577,000 16.828,000 27,415,000

Silver.

S

£

Total.

S
24.415.134

24,416.134

63.731,000 50.274,00'' 104.005.000
35,042.251 11,680,750 46.723,000
6.464.000 16.679.000 22,143,000
9,96 -1,000
8,560,000 8.406.000

7.049,000
1.662.000

10.218.00(

3,104,000

4,66«.00(

2.718,000

1.358.000

4,074,000

7,611,000

6.104,000

12,716,000

6,160,000

3.693,0W

9,813.000

3,169,000

Netherlands.
Nat. Belgium.
Spain

17. 1891.

fiold.

Tot. this week 149,686.856 92.467.629 242,364.485 131,078,384 90.090.750 221,169.131
Tot. preT. w'k 149.880.460 82.678.717 242,439,197 130,326,233 89.958.167 220,284,405

[Vou LV.

As already said, were this a natural outflow caused by
some temporary influence or by overtrading, it would
soon correct itself through the money market and
through a rectification of our foreign trade movement,
A? it is, a loss of gold has heretofore had, and if we
may judge from the past will hereafter have, but little
permanent effect on the rates of interest and consequently will act slowly on legitimate trade, though
checking enterprise and discouraging undertakings
of a venturesome or sanguine sort that require conThe reason the money marfidence to encourage.
ket has not been more acutely sensitive to this
movement is because our irredeemable legal tender
currency makes that market in great measure independent of gold, an independence which is increased through the lack of enterprise referred to; for

this paper money afloat with
nothing to do, and having no method of redemption or
retirement, where can it go except gravitate towards
Gold has gone out quite freely this week. There and collect at our leading monetary centres in search
was $2,750,000 exported Tuesday, and $2,000,000 on of employment.
Note in our annual table of weeklyThursday, making an export of #4,750,000 for the rates of interest for 1891 that the minimum call rate
week.
This movement had little direct effect on money, dropped to 3 per cent or lower every week and almost
but as it impaired credit the indirect effect was signifi- every day, and that commercial paper never got higher
cant, the activity yesterday being espscially marked. than 5 to 6 per cent, except for brief periods.
But
To be sure there were several flurries in the call after all, time loans are probably the best gauge of the
loan branch of the market before yesterday.
The first money market, and one need only run over our weekly
of these flurries was on Tuesday, when the exports on figures to satisfy himself how s'lort and unimportant
that day were announced ; but that spasm was wholly have been the little spurts of activity in the demand

GOLD SHIPMENTS— THE RESPONSIBILITY
RESTS WITH CONGRESS.

since that lack leaves

engineered for speculative purposes, largely for that class of loans induced by gold exports during
for effect on opinion in London, the past two years or more.
where apparently no story is wild enough to discredit
This state of our currency has finally shaped affairs sa

artificial,
it

is

it.

presumed

The

America

latest
is

published rumor in London

is

that

so scared with reference to the currency con-

as to force

an almost uninterrupted drain of gold. How
up during 1892 we have already

the outflow has kept

about to put a Government gold loan
That European papers of good standing should find it for their interest to give currency to

remarked upon remember too that in the first half of
that year and the last half of 1891 our trade balance was
phenomenally favorable. Thus it is that gold not only
such "news" is surprising. No one on this side of the leaves us, but leaves us in spite even of the very facts
Atlantic has any information bearing upon the transac- which ordinarily would induce an inflow, the measures
tion suggested or any belief that such an operation is we adopt operating so as to lead to the opening of some
of likely occunence during the coming twelve months. way to let out the gold which we have endowed with
At the same time this large outflow of gold, at a sea- the urgency to go. This year the value of our exports
soa of the year too when we are accustomed to look for
according to the prelimioary figures of leading staples
an import, should obviously lead to the immediate en- for November given in a previous article is lessened
deavor to correct a situation that induces it. Neither compared with a year ago, but still the exports are
business nor enterprise can thrive while so abnormal a not small, being larger than in 1890, and in 1890 our
movement is in progress. Of course if it were a mere total merchandise exports were larger than in any pretemporary affair induced by any ordinary cause it vious year since 1880. So it is not the exports that open
would be of little consequence. But it is an affair the door for the exit of gold. It is first of all the lack
that has been gathering force for a number of years of confidence which our policy is causing Europe to
now, especially for the last five years. During 1892 it feel in our financial stability. No more foreign capital
has reajhed such a pitch that there has been a net ex- comes to the United States, and as fast as Europeans
port of gold in every month of the current year except can dislodge their holdings in America they take the
in January, when the net import was only $305,548, money away.
Just now they are getting remittances
and in October, when the net imp irt was $2,631,080. to pay coupons which they formerly re invested in good
There has in this particular been no year like this year part, and remittances also for other capital so much of
since we resumed gold payments.
We used to be which frequently f«lls due at this period of the year.
adding to our gold currency regularly, increasing our
But there is another obvious way in which this metal
stock by production and most of the time by a net im- that we are putting at such a disadvantage is burrowport also.
There were only two out of the ten years ing its way out.
What we refer to is the openingfrom 1878 down to 1888 when we did not import more made by our enlarged and increasing imports. We
gold than we exported, and even during those two cannot, it appears, even by building a tariff wall mak«
years we did not export as much as we produced.
But it so thick or so high that it can for one single year
beginning with 1888 the exports have each twelve diminish this total. The imports were larger in 1889
months been in excess of the imports, an 1 lu the ag- than in 1888, and they have increased each year since,
gregate for the four calendtr years ending with Decem- and 1892 will show the largest total of either of the
dition that

it is

;

on tke market.

—

ber

1891 the

dollars,

and

net export reached over 100

this year the

over 60 million dollars.

net total

is

million

likely to reach

—

Does Congress think it is safe in the light
what has transpired the past year, and is transpiring
We have not yet begun the
to-day, to delay action ?

four years.
of

—

;

DloxMBUin,

THE

1808.1

CIIIIOMULE.

1019

all conditions nutumlly shape them- timnlni to graenil bnsiiMH afforded bjr MMib etvf».
most favorably for an outflow of gold. Shall wo The monthly returns madn it np|itire&t that thv \(nm
heed the past and present teaching, or shall wo wuit earnings of the lystom had greatly inorrmwMl dnrin; th*
year.
The report now ihowi that the Incrmun for IM
for a sovorer lesson ?

six

months when

selves

mnch

twelve months amounted to as

RESULTS FOR GRKAT NORTHERN AND
MANITOBA.
The Great Northern

or Manitoba system

is

each year

assuming increased importance, and with the completion of the Pacific Extension to Puget Sound takes its
place
day.

which American railroad history furnishes some striking examples, that have made, with
the aid of favorable opportunities and the possession of
the right kind of management, very wonderful growth
and development within a short period of time.
The Manitoba's record, though, presents some special
features which make the road prominent even among
of

the properties distinguished for favorable results.

From

the very

first its

career has been a singularly

fortunate one, as has been

many

times pointed out in

Organized in 1879 out of the old
these columns.
bankrupt St. Paul & Pacific which appeared to have
about as unpromising a future as any railroad in existence at that time it was within two years raised to a
dividend basis, and the dividends have been continued
ever since.
In the interval since 1879 the mileage has
been steadily enlarged and extended, but evidently
(judging by the results) in a very judicious manner.
When finally the corporate form of the Manitoba no
longer answered for the purpose of carrying out the
extensive plans for the future which the management
had in mind, the Great Northern was organized and
In its
control of the Manitoba lines turned over to it.
new form the property has been just as prosperons as in
its old.
Of course the lines in the system have encountered good years and bad years and profits have
varied accordingly, bnt at no time since the Manitoba
first began to pay dividends has the era of prosperity
been interrupted. And the return to the stockholders
has been not alone in the shape of dividends they have
had many valuable privileges in addition, as for instance the right to take Great Northern shares at 50,
now selling in the market at 135.
The annual report for the year ending Jtine 30 1892
possesses additional interest by reason of the early comMr. James J.
pletion of the line to the Pacific Ooast.
Hill, the President, well says that the advent of the
company to the Pacific Ooast will mark an important
change in the general position of the system as regards

—

—

—

trans-Continental

traffic,

ffe also states that the ex-

being heavily ballasted with either broken
stone or gravel over its entire length, and that in all
respects the work on the line is most thorough and substantial. The expectation is that the extension will bn
ready for business in the spring of 1893, and Mr. Hill
says that its condition then will be such that itj traffic
can be handled with all the safety and regularity of an
tension

is

old line.

It

is

important to note that while a portion

the extension was completed before the close of the
jfate fiscal year^no part of it is included in the stateof

that year, either in mileage or earnings or
general operations. The results therefore will be useful
in showing the very favorable outcome under the old
for

and before the opening of the Pacific line.
under review the company of course had
year
In the
the advantage to be derived from large crops and the
situation

is

u

t'^,329,414, «t

the more wtisfactory a«

follows an increase of $007,716

U

the year preeadiBf.

in

In other words, in two years the gross earnings bar*
risen from a total of «9,375»,fift<» to a total of •la.WH,.
to milimgo operated
Th'
128, or 34 per cent.
i

been

in the interval has

among the great trans-Continental lines of the age nnmber
The Manitoba belongs to that class of railroad baaed being

properties,

ments

over 23 per cent, which

for 1890.
late

(oi,

.{.<..

^.lively slight,

the av«r*

retnms are
1891 and 2,788

of miles of road on which the

2,865 for 1892, 2,796 for

It is well to

simply

point ont that these flgarM r»>

Manitoba

the

to

lines

which

proper,

are operated under lease by the Great Northern;

if

the

various proprietary lines whose accounts are kept separ*

such as the Montana Central, the Eastern of
Minnesota, the Willmar k Sioux Falls and the Dnlnth
Watertown & Pacific, were included, the increase is

arately,

earnings would be

When we come
somewhat

still

different.

year preceding

is

larger.

showing

to the net earnings the

il

In that case the increase over the

only 1285,170

—that

is,

an increase of

2 1-3 million dollars in gross has yielded less than three

hundred thousand dollars increase in net. Even aa
compared with two years ago, with an increase of 3 1-8
million dollars in gross the addition to the net haa
been only 1520,405. In brief, the ratio of expenses te
earnings has risen from 5111 per cent in 1890 to 53*14
per cent in 1891 and to 59-51 per cent in 1892. If the
extent of road operated had greatly increased in the
interval, the explanation would of course be obvious
but we have seen that average mileage has not greatly

changed in the two years. This established, it will no
doubt be thought that the experience of the Manitoba
has been similar to that of so many other roads which,
while having done a heavily increased business, were
forced to do it at such a small margin of profit that
the resulting gain in net income was necessarily small.
But examination of the traffic data does not reveal a
drop in rates sufficient to make such suppositioa
tenable.

To be

sure rates are

all

and the average has now got down

the time declining^
to quite

low

fignreSj

being only 1-23 cents per ton per mile for 1892, which
compares with 2*51 cents per ton per mile in 1882, only
ten years before. In the last two years, however,

and that is the period to which we are limited in our
comparison the changes have been relatively slight,
the average at 1*234 for 1892 contrasting with 1-238 for
1891 and with 1280 for 1890.

—

We

must look elsewhere, therefore,

for the

sons for the increase in operating cost

in

main

rea-

these two

and analysis of the expense accounts very quickly
Under the growth in
serves to clear up the matter.
business the total of expenses would naturally rise from
year to year, entirely apart from all other considerations. Looking at group of expenses designated " Conducting Transportation," we find an increase from
1,242,489 in 1890 and 11,303,051 in 1891 to 91,541,468
in 1893, which is quite a mo<lerate addition considering
the expansion in the volume of traffic. " Motive
Power " shows a more decidefl addition, the expenses
nnder that head having increased from $1,478,639 in
1890 and •1,628,644 in 1891 to 3,«30,52« in I8W*
It is not, however, till we come to the ooet of " Maintenance of Road and Structures" that we soo the
source of the great augmentation in oxponsoe, for
there wo find an increase from only 1776,607 in IWO
years,

——
THE CHRONICLE.

1014
to 81,243,001 in 1891

and

to $2,243,543 in 1892, about

j

if

Vol. LV.]

we should include the whole of the Great Northern
and debt per mile would be

1^ million dollars more baring tbus been spent in 1892

stock, the average of stock

than in 1890 that is, three times as much went for
maintenance of way in 1892 as in 1890. In 1890 these
expenditures were only 17"19 per cent of the total expenses of all kinds; in 1892 they formed 31"45 per cent of
If the outlay in 1890 was sufficient to keep the
the total
road in full repair, the outlay in 1892 clearly covers a
great many extra expenditures.
As a matter of fact
the company spent larg;e amounts in sinking its tracks
at Minneapolis and also a considerable sum for ballasting the road with gravel. In the revenue account for
the year it is stated that aggregate expenses for the
twelve months include $750,000 for permanent imin the year preceding only
provements and renewals
$100,000 was reported as having been expended in that
way.

only $32,058.

—

.

;

In the Inter-State Commerce Statistical
Report for 1890 we find that in Group VI of United
States railroads (the group in which the
Mani-

toba

arc
placed)
the average of funded
$23,674 per mile and the average of stock
$22,567 per mile, or $46,241 together. The proprietary

debt

lines

is

much the same way. On the
Eastern of Minnesota the bonded debt averages as much
as $64,926 per mile (the average for the stock, all
owned by the Great Northern, being $69,070 per

lines are distinguished in

mile); but this

road

is

is

entirely

owing to the

fact that the

a short one and owns very extensive terminals

docks, warehouses, elevators, &c., in Duluth aud West

Superior; moreover, its net earnings average $8,631
per mile while interest charges are only $3,246 per

With a contribution from earnings of three-quarters mile. The Montana Central, running through a mining
of a million for improvements, what ha^ been the out- country, was also rather costly to build; its bonded
come for the year ? It appears that out of the results debt averages $31,593 and the stock (owned by the
of operations of the Manitoba leased lines the com- Great Northern) $19,745 per mile.
The Duluth
pany was able to meet the Manitoba rental in fall for
interest and dividends and also the 5 per cent dividends
paid on Great Northern stock, and yet leave a small
balance $4,056. But in addition the Great Northern
Company had a large income from investments and

—

miscellaneous sources, raising the total surplus for the

twelve months to $943,475. That is to say, after paying 5 per cent on its stock from the operations of the

Manitoba, the Great Northern earned pretty nearly 5
per cent more from its income from investments. Of
course with the opening of the Pacific extension the
company will have increased fixed charges to meet to
the extent of the new bonds issued, but the figures
given indicate what a position of strength the company
holds.

The large income from investments comes in part
from the company^s holdings of stocks and bonds in
the proprietary companies, which in their operations
Thus the Great
reveal very satisfactory results.
Northern owns all the stock and bonds of the Willmar

&

Sioux Falls, which in the late year earned $109,107
above all expenses and fixed charges. The Montana
Central for the same period earned an excess of 183,800
and the Eastern of Minnesota an excess of $467,435,
the entire stock in both cases being owned by the
Great Northern. The Minneapolis Union stock is also
owned, and that road earned $76,717 in excess oE all
charges.
The Duluth Watertown & Pacific is the one
road which shows a deficit, expenses and charges
having exceeded the gross income by $81,582; both
stock and bonds are owned by the Great Northern.

Then
of

the company is interested as owner in the results
operations of the Northern Steamship Company

Watertown & Pacific has only_$19,687 debt per mile
and the Willmar & Sioux Falls but $17,868 per mile,
with a little over $10,000 stock per mile on each, both
stock aud bonds being held by the Great Northern.
The Great Northern has no floating debt in the
shape of loans or bills payable, but on account of theconstruction work in connection with the Pacific Extension the total of current liabilities is somewhat larger
than usual. Up to June 30 1892 the company had
spent $21,124,472 for construction of the Pacific line,
and received only $12,184,580 from the sale of bonds,
besides $4,297,638 on account of the issue of the Collateral

Trust bonds.

The ordinary

current

liabilities

June 30 (including accrued interest) were $3,606,502
and the construction liabilities $2,603,051, making
$6,209,553

together,

while the

liabilities of

the pro-

prietary companies were $1,777,317, giving a grand ag-

gregate of $7,986,870, against which the company held
Since the closa
$4,744,431 of cash and accounts due.
of the year the company has received a large additional

amount

of cash

Trust

bonds.

These

payment

in

bonds

of the Collateral

were ofEered

to

Great

Northern stockholders at 72^, and at that figure tha
15 millions of bonds would yield $10,875,000 in cash,
of which the company had received up to June 30, aa
we have seen, only $4,297,638, leaving over 6| million
dollars still to be paid to it by next week the company
will have the entire amount, as the purchase money
was payable in five equal instalments, the last falling
due December 21.
;

GROSS AND NET EARNINGS FOR OCTOBER,

October earnings make rather poor comparisons with
lu some respects the results are the least
1369,286
last year.
Northern Steamship Company for the nine months to favorable of those of any month this year. It is not
March 31 (that is the way in which the figures are re- alone that the net earnings show a falling oS that has
ported) earned $100,602 in excess of expenses.
happened in several other months but that even

and the Sand Coulee Coal Company; the
in

latter

earned

excess of expenses for the year, and the

—

—

An

element of strength in the condition of the Great
lines lies in their low capitalization per mile.
The principal part of the system's mileage is of course
found in the Manitoba system proper, this comprising
3,921 miles of main track, not including the Pacific extension, which, not being completed, is, as already

Northern

the

gross

earnings

only a trifling

record

amount.

a decrease,

The

loss

in

though

m

net for th&
For the ten

month is $607,618. equal to 2-15 per cent.
months to October 31 there is a, gain of $4,335,492

or

2*24 per cent, which brings out the contrast between
the character of the exhibits now and those earlier in
In the gross, while October records a small
the year.

company's statements. The
average bonded debt for the 2,921 miles is only $18,366 loss the total for the ten months shows an improvement
per mile and the average stock per mile $6,846, mak- of as much as $30,809,737 or 5-22 per cent. The foling together only a little over $25,000 per mile. Even lowing furnishes a recapitulation in tabular form

stated, disregarded in the

:

—

!

Dec£MB»b

;

.
.

THE CHRONICLE.

17, 1892.)

JantMry 1 to ootu^ttr
(Ul fWUb.)

OcloUr.
(IttnwillJ

IMl.

IBM.

—

Int. Of Dtt

91.

iiwrMM.

18S1.

1015

namely $70,'^3i ; the K'Tading
has $71,720 inoroaw, due almost ontirelj to a hMTj

largest inoreaso of any,

& Iron C'ompaay
Mexican National has 107,313 increate, the BaltifSH.tOa 4»,ST7.TU 3U«.tM.««r a«.i7MU mora
Op«r, ezp.
& Ohio ICl.O.')?, the "S>o" «5C,8J3, and tha
-<I<IT,«U lM.14t,01) iM.aan.MO
Net •ani'it .':.ina.tao «e.Mojo»
Northern Central to0,074, which cororj all gains abor*
Of course we are now comparing with very largo WO.OOO.
earnings lust year, and bearing that fiict iu mind and
Tho hrgpflt amount of loss in net is reported by tha
also tiio dniwbacks and unfavorable conditions which Pennsylraaia
this being made up of a de<
9181, 85C
existed in the month the present year, the showing is crease of $105,617 on the lioes east of Pittsburg and
perhaps fully as good as could reasonably hare bjen Erie, offset by an increase of 1^20,701 on the linos weai
-M.«M M1,M».7«« SM.TW.M?

OroiteftmVj 73,3»0,0ST r3,48i.eos
.

redaction of ezponsoi on tho Oo»l

I

$

ao.lM3,TST

ihe

.

—

Obriously in view of the very largo earniagH
now be consideroi as doing
well if they merely maintain the heavy totals then
reached, while any improvement, however small, on

expected.

next after the Pennsylvanii come tha
Southern Pacific with $173,G01 decrease, tho Central
of Now Jersey with 1146,295 decrease, the St. Paul
with $139,751 decrease, and tho Atchison with $123,those results would represent an exceedingly gratifying 053 decrease.
It is worth noting that of the five sja*
state of things. Taking the last three mouths (August,
toms horo mentioned as distinguished for heaviest losses,
September and October), the course of eirnings the the falling off in all but two cases is duo to an augpresent year has been just the reverse that of last year
mentation in expenses, showing that with some roadj
that is, while each succeeding month in 1891 showed this is still a factor in the situation; the two exceptions
better results, in 1892 each succeeding month has shown are the Central of New Jersey, which lost nearly aa
And this demonstrates that good or much in gross as in net, and the Southern Pacific*
poorer results.
are an important element in the which lost $377,703 in gross but reduced expenses $204,last
year
results
bad
comparison. For October the exhibit last year was an 099. Several other roads have also sustained considerextremely favorable one in fact in the amount and able reductions of their net, as for instance the Cincinratio of increase in gross and net it was one of the very nati New Orleans & Texas Pacific, which has lost (entire
This will system) $113,380, the Missouri Pacific $91,265, tha
best monthly returns ever published by us.
of I'ittsbnrg;

last year tho roads must

—

appear more clearly when we say that the increase in
gross then amounted to about 5| million dollars and
the increase in net to nearly 2} million dollars. The
following carries the comparison back for a series of
years both for tho month and the ton months.
Ntt Bamingt.

OroM Baminf.

Ttarand
nwnber

Ineruut or
Precedini- Dtertat.

Ytar

Tear

ttnait.
OeUbtr.

f

Tear

Tear

Oivtn.

Preeed'g.

(«Sj| «2.57»,»81

44.075.404

(80)

-f

aS,6(M,&7T
47,027.3SO' i&.SM.r.SS
t».308,SS3l M.318.2M

»

I

17.396.940

16,179.724

(110)

68,271.817

017)1 so,ioR.e

Old)

67.209,072
OS»)i 7S,3»9,037j 73.481,693

Jan.

I

73,055,349

+6.090.061
+1.835.143
+5,843.277

-82.666

18.326.278
21.092.863

I

I

US7 (67) 313.212,016 306.2a8.13fi
VXa (73) 368.9)3,246 IIS3.58e.ge6
Uet (102; ,467,43^.046 438.095.614
USO (UO) 434.086.968 44;.»a8.748
U81 <1S2) 571.901.353 619.636.499
(121

>

+36,954.781
+18.386,259
+29.342.431
+3e.047,*10
+22.265.354
621.6111.724 590.7<)9.987 +30,809.737

123.732.288 107.878.860 +16.378.628
117.848.655 128.437,060 -11.088.495

PBOnnPXL CBAXOES
Increases.
• Pennsylvania
4 Qulnoy
Atob-aod 8anFr.(3rds)
Pnotflo
Can.
Mex. NaUonal

Chlo. MIL & 8t
LoulB. ANashv

Minn.

the shoiving the present year would doubtless have been

We

which

out the facts in that regard qaito at
length in our issue of November 12, when reviewing
the esttmated returns of gross for October, and will
only say hero that while the grain movement in the
prevailed.

set

West was of phenomenal extent, on tho other hani the
cotton movement in tho South showed a very striking

&

P

8. S.

M..

ds Western
WU.Central

Northern Central

* et L

Oler. C. C.
CHio. 4E. in
Mo. Pao. and

Ir.

Mt....

LoulsN. A.*C
Lake Erie 4 Western...

all

losses

and

also all gains

In
above

a gross

BASXIHOR is

OCTOBER.

I>eerras«B.
R. and Coat 4

aiS6,6(U Phil. A
Iron Co
t57,723
1&0,917 Southern Pao. (6 rd*)..
100,261 Central of .Vow JerMjr..
8S,8tf8 N. T. L. E. 4 Western..
78,160 Cln.N.0.4T. P.(Srds)
76,88* South Carolina
75,124 Northern Piioiflo
74.510 'Oraod Tmnk ot Can.
71.457
(3 roads)
68,057 Den. 4 Rio Qrande

40hio

60,,'V51

Ches.

59.563
56.577
47.045
37,267
36,350

OeorKia

«594.»69
377.703
136,704
136,e»7
104,253
45.961
45,060
4S,S6S
SS.SSa
38,003
3ft.5ea

Union Pao.

32.517

(9 rds

Total (representing
32 roads)
#1,629,339

Total (representing
20 roads)
fl,422,91S
t

The gross on Eastern Unes decreased 9117,277 and on WMtaiB

lines increased $303,881.

-O to the X.

CUAHOES Rt NET ASHIKOS fS OCTOBER.
Decreases.
Increases;
91f34.85S
$79,234 (Pennsylvania
4 NashvUle

PBLtCtPAI,

Even though the comparison bo with heavy earnings,
different except for tho unfavorable conditions

8t. P.

Norf.

160.460,978 133.601,630 +21.816.318
iaO.302.826 154,1»1.613 +0.189.213
185.228.329 173.962.810 +11.275.189
198.142.012 193.806,620 + 4.835.4M3

latter entirely because of

$30,000, both in gross and net.

Wabagh

+1.217.216

-608.393
24.876.941
+3,783.878
-315.810
22.927,181 23,2U.901
27.934.452 26.212.102 +2.722.350
-607.818
27.642.890 28.230,506
17.717.883

to\

Oct. SI.

MM

1.713.362

the following we give

cmtc. B.

tnereate or
Dtcreaae,

i

IW7
USB
use
ueo
ISn
IIM

"Big Four" $55,264 (the two

increased expenses) and others for smaller amounts.

Loals.

PUL4K.andC.4I.Oo.
Mex. National
lialt. & Ohio (3

rds.)....

Minn. St. P. 4 8.8. M..
Northern Centra!
<Thes. 4 Ohio
Can.Paclflo
Northern PaolOo

Chie. B. 4
Chio. 4E.

Lake Erie

QulDor
Ill

4

West

71,726
67,313
61.952
56,823
66,674
49,453
45,833
41,281
40,290
35,752
32,866

Total (representing
$639,203
14roads)

Southern Pao.
Central ot

(6 rds.)

New

1 73.604

.

1 16.299

Jersey.

Chio. M. 4 8t. Paul
Itob. 4 San Fr. (3 rds.)
Cin. N. 0. 4 r. P. (5 rds.)

Mo. Pa&and

Ir.

l.')9.7Sl

12:).653

113.S80
91,268

Ht.

Clev. C. C.

a3,3M

Kan.

9><$3S
84.3aa

4 St L
4 St
4 Westers..
BurL Cedar B. 4 Ho..C. Pt. 8.

N. Y. L. E.

33,SW

Total (representing

23

roatli)

$1,135,388

then also the month containeii one less
tTho net deoreasod $405,6 17 on Eastern lines and Ineroaaed $Sa0,79l
working day than the corresponding month last year, on Western Unes.
It will be observed from the above that three els
and at the same time the holidays connected with the
Columbian celebrations reduced the volume of business of roads are particularly prominent in the losses in
coal roads. Southern roada
to some extent; the grain blockade, in locking-up gross, namely anthracite
are the three gronpa
these
and
roads;
Pacific
and
earnings
cars, likewise operated to diminish traffic and
said
to make the pooreat
whole
be
the
on
which
may
number
a
on certain lines, and besides this there were
gross and net.
both
lost
in
have
they
for
exhibits,
roads.
particular
disturbing agencies affecting
falling off;

of special

there are three others which
almost superfluous to state that there are only Besides these three groups,
thongh having gained in groa^
very few roads that show large gains this time, while have lost in net,
Southwestern and the
on the other hand there are several that show large namely the Northwestern, the
out of nine record
groups
three
losses.
The fact that so many roids had exceptionally Trunk lines. Only
Statee group, tha
Middle
the
being
these
net,
large gains last year and that the conditions were improved
In the latter
Mexican.
the
and
Western
Middle
unfavorable the present year made such a result
both show
while
and
roads,
but
two
are
there
group
the
has
inevitable.
The Louisville & Nashville in net
It

is

:

11

THE GHRONICLK

1016

larger net the bulk of the gain comeB from the Mesican National, and is the result of the heavy corn movement |into Mexico. In the Middle States group 10 of
the 15 roads have enlarged their iiet ; the Northern
Central has increased from $316,385 to $273,059, the
Brooklyn Elevated from 173,396 to $8t,G71, the
Western Maryland from $17,387 to $34,134, the West
Jersey from $34,606 to $33,748, and the Staten Island
from $13,377 to $24,160. In the Middle Western group

rvoL. Lv.

Southern and

the Texas Sabine Valley & Northwestern are the only ones showing improved net, though
four of the nine roads have gains in gross.
In the

group there are 11 roads which have enlarged
these including the Canadian Pacific, the
Northern Pacific and several of the lines in the Union
Pacific

their

net,

Pacific system.

In the South the returns are almost uniformly poor
both in gross and net, but there are five exceptions to

—

13 out of 33 indicate improved results, the best returns the rule as regards the net two of them conspicuous
coming from the Chicago & Eastern Illinois, which has eiceptioHS, namely the Louisville &, Nashville, which
increased its net from $144,615 to $180,367, the Lake has $833,883 net this year against only $744,648 last
Erie & Western, which has increased from $144,497 to year, and the Chesapeake & Ohio, which has net ol
$177,363, and the Louisville New Albany & Chicago,
which has increased from $87,851 to $96,477.
Orosa Earnings.

bictiok or

Net Eaminoi.

Group.

$306,393 against $256,839. In the latter case the
Improvement is due entirely to a reduction of expensesresulting from the elimination of improvement outlays,
as mentioned on previous occasions.

October.

Trunk

lines.. (14;

DEBT STATEMENT NOVEMBER

Anthra. coal (7)
Mid. states. il5)
Mia. West 'n.(28}
Northwest'n(15J

The following

Boathwe8t'n..(9)
Paclflo CoaBt (18)

Soutbam

the

INTBBEST-BKAKINa DEBT.

(2)

Tot.. (120) r'ds

Jon. 1

to Oct. 81.

Trunk

lines.. (14)

Title of

B'ds to Pac.

'

AC
Clev. CIn. Chic. &

St. li.

& Eastern Div.
Tr. of Can.

&

Qd. Trunk.
Det. Gd. H. 4 M.
N. Y. Lake Brie & West'n

Ohio & MlsssiBsipi.
Pennsylv, East of P.

& K.

West of Pitts. & Brie.t
^ Grand Ran. & Ind. sys.
Wabash.

&

Aah.

Anfhracite Coal.
Central of New Jersey.
N. Y. Ontario & West.
F. Y. Bus. & West.

& Keadlnft.
& Iron Co.
Bummit Branch.
Phlla.
Coal

Lykens Valley,
Middle Stata.

AUesrheny Valley.
Bath &IIammoud8port.'
trooklyn Klevatecl.
ull. Roch. 4 Pitts.

Camden &

Atlantic.

Lehigh A Hud Rly.
New York & Northern.
Northern Central.

Staten Island R. T.
Stony Clove & C. Mt.
Ulster & Delaware.
West Jersey.
West Va. Central & P.

Western Mainland.*
Western N. y. & Penn.
tUddle Western.
Chic. & Kast III.Chtc. & West Mich.
Cin. Jack. & Mack.
Cln. Ports. & VlrKinla.

Cleveland Akron A Col.
leveland Canton & So.
Cleveland & Marietta.*

Amount

Outstanding.

Coupon.

Total.

taso.ooo.ooo «25,884,500:
740,B.'53.403 485,281,750 174,310,300
40,012,750

$25,364,600

1,030,866,150 510,645,350

585,032.980

559,692,050

76,480

Funded Loan of

T1'ettern—(C<mc'dh Pacitlc Coasts (Con«'iJ).
net. Bay City 4 Alpena.
Rio Grande Western.
Det. Lans. & Nor.
San, Fran. 4 North. Pao.
Bl. Jollet 4 B.
So. Pac— Pac. System.
rilnt 4 Pere Marq.
Gal. Ilar. 4 S. A,
ludiaiiap. Dec. & W.
Louis. Western,
Iron Railway.
Morgan's La. 4 T.
Luke E. Alliance 4 So.
N, Y. Tex. & Mex.
Lake Brie 4 Western.
Texas 4 New Orleans,
Loulsv. N. A. 4 Ohlc.
Union Pacific—
MaulBtique.
Ore. Sh. L. 4 Utah l*)r.
Pitts. Marion 4 Chloago.
Oregon Ry. 4 Nav. Co.
Sag. Tus. & Hur.
Union Pao. Den. 4 Gulf.

Toledo Col. & Cin.
Toledo 4 Ohio Central.
Tol. Peoria 4 W.
Toledo 4 South Haven
Northiveatern.

4 Nor.
& North.
4 (juiucy.
Mil. 4 St. Paul.
Des Moines No. 4 W.

Burl.
Chic.
Chtc.
Chic.

Cedar Bap.

Burl.
Burl.

St.

Joseph 4 Grand

Isl.

PaciHc Coast.
Canadian Pacific.
Northern Paclflo,

1891,

matured S3ptember

Noxt. SO.
2,

1891.

variousdatessubsequentto January

1,

1861

(957,500 OO

1983,800 00

.

Old debt matured at various dates prior to January 1, 1861, and other items of debt matured at

1,475,755 88

1,474,616

Asgregate of debt on which Interest has ceased
•Inoe maturity
»2,459,555 26

Leaven. Top.

Man. Alma

4

12,438,016 26

Legal-tender notes
Old demand notes
National Bank notes
Redemption account
Fractional curreucy
Less amount estimated as lost or destroyed

$346,681,016 QB
55.647 £0
84,187,678 S3
$15,2':0.396 82

8,375,934 OO
6,903,468 68

Aggregate Of debt bearing no Interest

$377,777,804 37

Southw.

4 Burl,
Soutlieni Itoads.
Blr.& Atlantic.
BIr, Sheff.

AND NOTEi IS3DBD ON DEPOSITS O? COIN AKD
LEGAL-TENDER NOTES AND PURCHASffiS OP SIOVEB BULLION.

OBEMTIFICATES

4 Tenu. Riv.

Carolina Midland.

Alabama

New

80

DBBT BBABINO NO INTBBBST

.

Montana Union,

G't Southern.
Orl, 4 Northeast.

Alabama 4 Vickaburg.

Vicksburg 8h. 4 Pao.
Georgia Railroad.
Ga. Southern 4 Fla.
Gulf 4 Chicago.
Kan. City Mem. & Bir,

Southwestern.
4 San, Fe sys. Louisville 4 Nashville,
St. L. 4 San Fran. sys.
Louis. St. Louis 4 Tex.
Col, Midland.
Naah. Chat. 4 8t, Louis.
Denver 4 Rio 6r,
Norfolk 4 Western,
Kau. C. Ft. S. 4 Mem.
Petersburg,
Mo. Pac. 4 Iron Mt.
Klch. & Petersburg.
Rio Grande Southern,
Sandersvllle 4 Teunllle.
Silverton,
Sav. Amer. 4 Mont,
Texas Sabine V.& North. South Carolina.
Wrightsv. 4 Tennille,

Atoh. Top.

74,310,300

All otber lines U P. ays.
Central Branch U. P.

Green Bay W.&St. Paul.* Char. Cin. 4 Chic.
Iowa Central.
Cheraw 4 Darl ngton.
Keokuk 4 Western.
Ches. 4 Ohio.
Milwaukee & Northern, Cin. N. O. 4 Tex. Pac.
Minn. 4 St. Louis,
Minn. St. Paul 4 8. 8, M,
Quincv Omaha X K. C,
St. Paul 4 Duluth,
Sioux City 4 Northern.'
Wisconsin Central,

RR.

2-gt

-l-4",335.19a

Mexican Itoads.

Mexican Central,
Mexican National,

'For the month only. * We include these Western lines In oar table by taking an estimate for 1891 on which to base the increase reported for this year.

In the Northwestern group the falling ofE in net
from a heavy augmentation in expenses;

follows largely

only six of the fifteen roads report better net than
in 1892, but of these the Minneapolis St. Paul & Sault.

Ste Marie has a strikingly good return, having increased its net from $151,089 to $307,913.
In the
trunk line group the losses come from the " Big Four,"
the Grand Trunk roads, the Erie and the eastern lines
.of the Pennsylvania; in the anthracite coal group
they

come from the Central of New Jersey, the Ontario &
Western, the Susquehanna & Western and the Summit
Branch.

Issued.

DBBT ON WHICH INTJSRHST HAS CBASBD SINCK MATURITY.

MvWe

Trunk Lines.
B. &(>., Kast of Ohio.
West of Ohio.
B.

YouDBs.

Amount

Aggregate excPd'g

Note.— INOLCDEU under the head ov—

Pittsb.

Int'r't

Pav'le

4«s,F'n'dLoan.l891
Continued at 2 p. c. Q.-M.
4s, F'ded Loan.. 1907 Q.-J.
*8, Ref 'd'g Certlflc's. Q.-J.

Tot. .(124 r'da) a'i\,b\9.7U 690,703.937 188,llg.0ia|193.80fi.52o|

Peo.

Loan.

Registered.]

fithra.coal (7)
Mid. States. (U)
Mid. We8t'n.(211
Northwest'n (IS)
Southwest'n (0)
Paciflc Coast (ID)
South'n r'da.(Zp),
Mex'Qroad6..(2)

Chic.

189S.

official

(25)

MezlGon

Grand

SO,

statement of the United
States public debt and of the cash in the Treasury at
the close of business November 30, 1893.
is

In the Southwestern group the Eio Grande

Classiflcatlon of Certificates

and Notes.

Qold certificates

In

AmouM

Circulation

Issued.

$19,632,830 $128,18^,809 $142,831,68»
2,786,471 323,484,833 388.251,384
8,230,000
8,500,000
270,000
1,919,154 118,877,559, 120,798,713

Silver certificates

Cnrrency certificates.,..
Treasury notes of 1890

In the
Treasury.

iiji,..

Aggregate of certlflcates

$24,608,455 $573.781,801 $598,369,658
'

RECAPITULATION,
Classlllcation of Debt.

Nov.

30,

Increase Of
Decrease.

Oct. 81,

1892,

1892.

Interest-bearing debt

685.OS2.030 00

585,032.020 00

Oebton which int. has ceased.
Debt bearing no interest

2,432,015 26,
377,777,801 37,

2,459,565 26
378,831,158 87

$
L0«0 00
D, 27,640 00
D, 1,053,364 60

966,1)48,799 63

968,328,734 IS

D. 1,079,984 80

698,369,868 00

698,008,878 00

1,360,780 00

1.663.618,455 63 1,664.831,610 13

D,719,164 60

Aggregate of Interest and non
interest bearing debt
and notes offset by
an equal amount of cash In
tke Treastiry

Certlflcates

Aggregate of debt, including
•ertlflcates

andnotes

CASH IN THE TREASURY.
Gold— Coin
Bars

$167,,815,258
79.,983,207
854,536.089
10 ,»(tO,lS2
98,,999,988
12,,908,138
.... ...
1 ,919,154
..

etlTar— Dollars
Bibsldiary coin
Bars
Pa^er— Legal tender notes (old Issue)
Treasury notes of 1890

G)ld certiacates

19.,83a,'«?0

Silver certificates

09
80-$847,598,466 8»
00
77
78- 458,496,188 BB
81
00

00

00
270,000 00

2,,786.471

Currency certificates
,..;....
National bank notes
Othe'-— Honda, interest and coupons paid, await-'.
Ing reimbursement

6,,838,486

17-

. .
48,345,079 »8

"

118,097 67
347,880 61
Minor coin and fractional currency..
.-.,,...
Dep->aits in nat'l bank deposi aries—gen'l acc^t..
11,,870,038 01

DUbursing

oflicers'

Awregate.

balances

4,,898,638

74—

16, 036,117 9».

$765,474,802 86

:

.

,

DiCBUBKR

THE CHHONKJUK.
*..

17, 1802.]

DKHAND LIABIMTim.

AnTToAM«im«seito»r,«t»orTBBJ

Air

MO^oik) no
1C(1

tVI

I

T\M :tl

" -MS.dM

00

lV1,r7<l.tt7

8«

•»

iiti

bank ootM

I0j7.

t;

Hootlon 9010 of

id
Ua. \<1

llif

R-'riiwd

(

I

^

'

thoTreMurr

Uot. HI.

„

I8M

:iiih*Trauarr N>T.lM.IMN

ttM
lid
WW.t)ll(W
HCI

andiuX

Cm. PwdM.

1
»S.885.1«I

Kvi. PmIDO.

8308,000
1.600.000

W«*. PMtflO 1,070.000
SlonsCAP. Laao^ao
ToUlt

Inttrtt
paid bt
th$

17.

1

Onl'D PMlflo «7,n«.5U

Can.Br.U.P.

/nt,

MertMil

(>u«-

b

Jitfr.

AID OF PACinO RAILRUADS.

IN

nutrut

PHniHpal

d»T o*

«

DaerMMdnrlnii lh«montb

BOND3 ISaCBD

Liwt of Vtrmont

iiMh

tmsM.iitii nn

^l>^

Ji*«».

S.

By

IVnniportallon

pair
iiit<;8p.e.

paM
Uu U.

•

1,11

i

,

iinl
»r

:

liilLi

when«vpr any

of

(Ut, the next prcc- ...., ..i. ...;.*
this section, be conaidareJ lilce Hunday.

1

847.1M 87.480.880

•,88*.887

80.080^80

187.870
•80.018 J»,««3J«7
40,000 8.4133)6

4,aM.8ae
18,884.008

6.488.099
488,410 ae,«7a.iBi

838,778

^9^7 M88.100

4»,M4 8,788,808

9JW7

•,7tt.984

a3«8,M0

Iftt,4B8

1,149,184

40.708

•n'
.

lliiu |ir' .

aflHlrfm

BvMtk

•

1

•

np*Ul bv ComptiHut. Baktnc-

filouetar^:®ommet;ctal Igngltsb Ketii*
(

rrom oar ovb oorrMpondsBt. ]

LOMDOH, Saturday, December

8.

18M.

week there Was a strong
demand for short loans at from 8 to S^ pn cent, owing to the
Stock Exohanoe CtKARnJo-HocsE Transaotions.—The fortnightly Stock Exchinge settlement and to the uaoal r^
quirementB at the end of the month. But the demand hat
subjoined statoment includes the transactions of the Stock
now
eased off, and rates have fallen to from 2 to 214 P<*' cent.
Exchange Clearing-House from Nov. 28 down to and IncludThe discount rate in the open market is also weak about 3^
ing Friday, Dec. 9 also the aggregates for May (from 17th to
per cent for full three months' bank bills. In spite of the
81gt), June, July, August, September, October and November.
present ease in the inooey market, howaver, it is by no mean*
STOCK BXCniNOC CLKAUNO HOUSE TRAHSAOTtONS.
....

«4,aiB.SU

I.HIB.B88 04,118.700

During the

1.109.890 87.SB»,0»7

89,078.148

flrit

three days of the

—

;

f— Shares, both
Cleared.

tide*.

—

Tulat Value.

Share*. Value Share*.

Ca*h.Clear'<l

S

itonlA—

Msr

2S8.e00.000
1,041.048.200
690.318.200
13.0118,480
977.883.000
1H.8A7.N00 1.268.000.000
ao,79B.»00 1.338.7SS.0OO
16.819,900 1.118.800.000
4.731,000
16.084.000
0.807.300

June
lair

445.000
1.698,760
1.120.100
1.887.400
2.06^.800
2,^28,800
1.831.800

22.55).50O
94.500.700
74.ISA.100

l,<.^'t.»71

107.88a.»<V)

208.300
974,71)0

2.190
8.RS5

1.301.B0»

6.8HI1
S.1H:|

128,86.1,5110

l.fl97..V)6

8.2.V.'

148,67^,000

1.701.400
1.417,800

6.86',!

83,000,000
74.600.000
60,900,000

163,200 11,800.000 124..500
139,450 H,10"J,000 100,100
12a,.500
9,9JO.O0O 12),20l133,200 9.«00.000 96.300
111,400 8,100,000 59,000

832
300
315
315

Tot. wk.. 6.211,190 441,300,000

676,750 50,400,000 509,100

1,562

Dec

345

Anirast....
Seiit

OrtolKT..

Kovenibr
Deo.

fi..

1,023.400181.000,000

7.-1,176,200
8.. 1,046.900
9.. 845,900

128.»rN<W0

t,7»n

291

"
"

12.. 1,809,700 138,300,000
13. .1,036,000 76,100,000
14.. 914,000 66,300.000
15.. 857,000 58,600,000

"

16. .1,473,600 107.600,000

207.200 16.300.000 242.200
127.400 9,500.000 86.100
113,900 8,200,000 60.300
95,750 6.600,000 42,200
164,200 12,400,000 155,900

Tot.

wk. 6,090,300 446.900,000

708.4S0 53,000,000 592,700 1,622

••

From May

Russia and Q?rmany are
it will remain so.
taking gold from the Bank, and with low rates tlieir withdrawals would be likely to increase, while Austria-Hungary
is sure to resume withdrawals bofore vory long.
It is hoped
here that enough gold will be received from New York to
satisfy the Continental demand ; if this hope should l>e realiz-jd the money market would be relieved of any present uncertain that

Balance; one tide.^—^ Sheeli

.

17 to 24 inclusive the stocks cleared

817
818
307
835

were Chi.

cago Milwaukee & St. Paul, Louisville & Nashville, Northern
PaciQc pref, and Philadelphia & Reading. On the 23th,
Atchison, Chicago Burlington & Quiucy, Bock Island and
Union Pacific were adied to the lijt. On June 4, Chicago
Gas, Missouri Piciflc, New York Late Erie & Western and
New York & New England wore added; on June 15, Delaware
Lackawanna & Western, American Sugar common and
Western Union were added. Oa Sept. 31, Distilling & Cattle
Feeding waa added.

DAYS or GRACE AND HOLIDAYS IN VERMONT.
Mr. L. E. Woodhouse, cashier of the Merchants' National

Bank of Burlington, Vermont, has kindly 8?nt us a copy of
the new laws as to days of grace and holidays in that State.

He states

that he has obtained and sends the.se laws for the
purpose of correcting erroneous reports and giving the fact? as
they are. They were pissed this year by the Legislature of

easiness.

in

The silver market is very unsettled. There ii a fiint hope
some quarters that the Brussels Conference may adopt some

practicable plan, but the general opinion Is that nothing can
be done. Mr. Alfred Rothschild's proposal it generally recognized to be quite unacceptable in its present form 48d, per.
ounce is everywhere declared to be absnrdly too bigb, while
even if the price were greatly reduced it is doubted whether
the European governments could be induced to vote money lor
:

'

Rawa would
it is thought that
Germany, Ausi
object to the Rothschild proposal, ana
American press do not favor the notion that tlit Unit'
would agree to the plan. But with the Rothschil'l
buying

fuse.

silver

It is

;

especially

known

th.ot

re-

T

j

rejected as

it is,

tbe general imprejsion here

is

that nothing

can be substituted for it.
All through the week the stock markets have been disThe Srit caa<e is the
turbed and prices have declinei.
Panama inquiry. Nobody doubts that grave irregularitie*
have been committed, whether the scandals will come out or
not. If the inquiry is pushed it hia been thought that the
Paris Bourse might be seriously diiturbdJ. and that the

would suffer. The situation in Spiin, too,
more complicated, the Minister of the Interior hiving resigned because the Cabinet refused to allow him t) proeecute
political situation

is

the late Madrid municifMl authorities.

It is feared

that the

Th? laws Government will be overthrown and that this will postpone
the I«an Bill. At the same time the Argentine market ha«
been disorganized by a report said to have been addr ceec d by
OF
CONTRACTa.
MATORITT
AK ACT REGULATINO THE
President, and the whole South
It M hereby enacted by the General ABsembly of the State of the Finance Minister to the
Vermont
American department has given way with it. It it not known
Section 1. No grace, according to the custom of merchants, whether the Fmance Minister's report has baen sent to Congress
shall be allowetl on notes, drafts, checks, acceptances, bills of or is merely a private document intended for the informatioa
exchange, bonds, or other evidences of indebtedness, executed
of the President and tbe Cabinet, but it has made a bad impreaor payable in tlie State, whereby he. they, or it, shall promise
cannot resume the payment
to pay any person, corporation, or order, or the bearor, any sion. It declares that Argentine
sum of money or other value as mentioned therein, and in of the interest on the debt in cash at the end of next year,
which there is no express stipulation to the contrarv, but the and it recommends the stoppage of the payment of interest in
same shall be due an 1 payable on the day and date named L-inding Loan scrip as arraoged for by the Roth'tchild Comthe State, and will go into effect February
referred to are subjoined : —

1

1893.

—

therein.

All notes, drafti, ch»ck8, accep'^nces, bills of exchange, bonds, or other evilences of indebtedness, falling due
on Sunday, ora legal holiday, shall, for every purpoee, be considered &-i due oa the next following business day.
Sec. 3, Sections 2009, 2011 and 3012 of the Revised Laws,
and number 142 of the Session Laws of 1888. and all acts and
parts of acts inconsistent with this act, are hereby repealed.
Sec.

2.

Sec. 4.

the

first

This act shall not apply '» contract-J

day of January A. D.

1898.

made

before

Further. It propoeee to conrert the ozistiag ootea
gold notes at the rate of 8^ to 1. The passing of ita
dividend by the New York Brewery Company on Thursday
added to the general depreaion. The announcement was
(|iiite unexpected, and it caused a gencrAl fall in all American
fat betievad
Furthermore, a* tl.
-securities.
mittee.

into

new

'

•

fly

owned by the Trustees,

lix'-

t

curltiea lo-

sirance Corporation, there wae heavy sellm;; of the sharee of tba

:

,

.

THE CHKONICLE.

1018

On Wednesday they fell from about 2% to about
On Thursday there was a further fall to about 1. The

corporation,
S.

.

corporation, it will be recollected, largely interested itself
in the measures taken for assisting Messrs. de Murrieta
Co.
and the fall in the Corporation's shares naturally started reports that the Murrieta liquidation is proceeding much more

&

Vol. LV.

fiSiiKllali Financial inarUets— fer Caaie.
The daily closing quotations for securities, &c., at London
are reported bv cable as follows for the week ending DcC. 16
:

London.
d

SUver, per 01

Sat.

Mon.

Tues.

Wed.

TKurt.

38I4
975ie

38 14
97 14

38I4
973,B

3?l8
973,8
97=18

384

Investment demand is small.
There is as yet no prospect of an early termination of the

OonBOls,new,2^ percts.
do foraocount
97%
67%
97%
ffah rentes (In Paris) fr. 100-10 99-67>a 99-I71S
a 8. 49 of 1907
Canadian Pacific
92
9218
9^
Chic. M"!!, &8t. Paul.... 80%
80 19
801*
103 14 IO314 10314
Clllnois Central
Lake Shore
IBS'* 134
134
IjOuisTilleA Nashville.. 7209
72 14
727e
Mexican Central 4s
66%
66%
661a
112i«
H. Y. Central A Hudson. 113>i
112^3
«r. Y. Lake Erie & West'n
23
2478
24%
do
2d cons
104% 1041a 104 14
Sorfolk & Western, pref. 39»3
40
3918
5114
Northern Paclfio pref.
51%
50%
Pennsylvania
55%
35 >«
55=8
Philadelphia & Heading. 28%
28=9
28-14
3314
Dnlon Pacific
3878
38%

cotton dispute

i^abash pief

unsatisfactorily than even pessimists expected,

and that consequently there would have to be a heavy call upon the Corporation's shareholders.
The shares are of the nominal
amount of £10, with £3 paid ; there is, therefore, a call
liability of £7 per share.
The rumors have been officially
contradicted, but the city nevertheless persists in the belief
that the Murrieta liquidation will turn out exceedingly un-

On account

satisfactory.

Exchange

lation at the Slock

and other influences specuat a stand-still, and even the

of these
is

the opinion at present, indeed, is that it will
last at all events until the beginning of the new year.
The
Northeast Lancashire employers having refused to interfere,
the dispute is siill restiicted to Southeast Lancashire, and the

.

25%

2479

;

operatives, receiving large assistance

from

other districts,
will jrobably be able to coniinue the struggle for a con.
all

siderable lime.

23%

Fri.

97 ',8
971s,

99 20

97iS8

97%

og-s?^ s-eTiji

91%
80%

91%

92>a

80%

7S78

103

102%

134%

100%

135

134

72%

72%

71=8

C61-2

112%

66%
113%

66%
112%
24%

103

103

24I9

2458

103

39J4

38%

38%

50

50

49

55%
28%

55^8
277a

i5%
2763

40%

38''8

2563

24%

40

75%

^ommzxti^l and WiisttlVxntavLB 3|«ttrB
Imports asd Exports for the
the imports at

New York

for the

Week.—The following give
week ending

(for

dry gooda

Dec. 8 and for the week ending (for general mercliandiae
also totals since the beginning of the first week in
Dec. 9
January.
TOBEION ntPORTS AT HBW TORK.
:

The followmg return shows the position of the Bank rf
England, the Bank rate of discount, the price of consols, &c,,
Oomi>sre<( with the last three years:
181)2.

Sov.

1891.

Der.

80.

£

1890.
Dec. 3.

2.

£

£

i.

I

25.863,010

25..'!89.175

84,873.035

24.27l.8'5

5.228.898

80.271,717

QOTernment

11.458,110

10.111,983

3.3U,215
33312,792
10,39,M58

4.338.918

Other aeposita

3.703,13!
28,893.470

Other
Beserre

83,255,895

2S.J05.203

15,493.221
24.908.i81
47 9-16

Colnand

bnlllon
Prop.aBBe-,.stoUabilltle».perct.

percU

Bankrate
ConsoI»2M percent
Clearlim-ncuse returns

28,817.18,3

15,557,328
21,4,39,98'

11.792.995

27.517.3J8
18.673.814

23,732.170

21,895.819

19.65»]318

417-16

45><

11,882,483

381-16

3

4

97Ji
137.121,000

953-I6xd

S(Dec,4,)
95 l-lBia

149.683,000

172,733,000

5
97 1-160

d.

«.

Bar gold, ane.... 01,
Bar gold, contaln'g
S0dwt5.8llTer..oi.

German

gold coln.oi

Messrs. Pixley

December

78

78
73 llii
76 8H
7r.
8u'

78
71
76
78

&

London Standard.

Dec.

d.

«.

IIH

77

Span, doubloons. ox.
U. 8. gold coin ,,.oz.

r.'ou. 24.

7
7

1.

Nov.

total

24,

1892.
$2.6.36,162

6,-J96,2S4

9,468,568

8,211,C8.i

The following is a statement of the exports (exchi.=ive o'
from the port of New York to foreign porf* for tl e
week ending December 13 and from Januaryl to date
XPOBTB FBOV NBW TOBK FOB THB WEEK.

specie)

For the week..

1889.

1890.

1891.

189?.

$6,710,592
315,486,644

$7,129,550
327,876,385

$9,284,830
354,377,923

$7,948,531
360,753,985

d.

Barsllver, fine., ox. 39 3-18
Barsilver. containing 5 grs. gold, oz. 39 9-16

39

T

89^

Cake surer
oz. 42^
Mexican dollars..oz. 88H

42 1-16
83

The following table shows the exports and imports of specie
the port of New York for the week ending Dec. 10 and
since Jan. 1, 1892, and for the corresponding periods in 1891
aad 1890:

tal

49 weeks. $322,197,236 *335. 005,935 $363,602,753 «36a.7n2.51

at

Abell write as follows under date o(

BXPOBT8 AND IMPOSTS OV gPBCIB AT

KBW TOBE.

1:

New Zealand, £10,00(1; chili. £3.oOO; West Indies
£364.00C; China. £5,C00; total, £472,000. Shipments to Bombay
Deeemljcr 1. £7,000,
Silver.— The day followlnp our last, silver decliBed to 3973d,. but this
was imuudiatcly followed by recovery, paitly caused by the fact that
pror<'i:il!"iis had been made to the Biussels Monetary Couferenec
which uii^ht have some chance of success. This strengtli continued
ODtil Z'j^ti. was ]ioid on Wednesday, but lo-day the marlcet has been a
shade cosier at 39 3-16d, at which the unsold portion ex Valparaiso
mail has been placed, 8hi|>meut&: Calcutta, Nov. 24, £5,000; Bombay.
Nov. 2.5. £1;-I6.(i00; Hingo. Nov, 25, £t>0.000; Bombay. l>en 1. £28 900
Arrival,-: Bombay, £2.0UO; New York, £80,000; Chili, £70,000: West
Indies. £72,0' 0; total. £221.000.
MexiCMn Dollars,—These coins are to-day quoted SS^d. A fair business hns taken pince during the week at varying rate.s. Arrivals: Prom
New York. £ii,00( West Indies, £4K,00l.; total, £.51,000. Shipment'Straits and China, Nov. 25, £165,653; Bombay, £175,000.

tralia, £7.7,000;

;

The following shows the imports of cereal produce into tl e
United Kingdom during the first thirteen weeks of the season
ooirpared with previous seasons:
189?.
ImportBof wheat.owt.l7,7<i2.»P4
Barley..
6.151.710
Oats
3,061,490
Peas
^65,756
Beans
1,278,259
Indian corn..
8,20 '.236
Flonr
6,487.03j

1891.
20.944,333
8,13«.071
3.919.405

895,396
1.006,517
4,768,221
4,020,373

1889.
15,659,024
5,863.387
3,863.354
367,757
1,012,5.54

8,107,707
4,317,457

Supplies available for consumption (exclusive of Stocks oc

September

eoLd,

Since Jan.

Week.

$350

Sreat Britain

West Indies...
South America
other countries.

Ad

Total 1892
Total 1891
Total 1890

1,

$6,222,643
20,610,228
26,117,350
7,173,684
16,150
1,711,648
10,500

France
67,606

160,6d6

Week.

S32.813
4,738,210
914,-285

$147,686
530
1,307
1,100

$227,350 $61,862,203

$150,917

75,940,386
19,353,752

1,062,357

23,5-J3

102,400

Smce Jan.l.

37,960

Exporu.

1,752,156
49,333
742,679
214,029

$8,443,305
30,143,700
8,437,180

Importt,

Silver.

Since Jan.

Week.

1.

Week.

Since Jan.l.

$21,014
335,737
100,855
391,372

i^rance ...... ........

$730,000 $19,263,785
252,400
802,539

West Indies
Mexico....... ........

1,300
975,413
38,215

$3',604

554,277
27,819

"3,731

77,684

*32,157

$2,979,460
2,592,403
6,501,110

Sreat Britain

9outh America ......
All other countries..
1890,
17,215,778
7,456.811
3,200,109
375,361
696,220
7,713,756
3.642.729

lmpori$.

Exportt,

Gold.— Although the dcmanil for gold oiinnot he said to have abated-

Bomewbat lower prices are ruling for open iimrk>.t arrivaU than exist.
eda\reekaKo. The Bank has r.)i;ei\ed £205.0i and *i32.(»00 has
been wilhiir.iwn for the Contiueut. Arrivals: Bmibav. £l5,00r: Au.s

Total 1892
Total 1891
Total 1890

"6,212

$1,008,612 $21,663,378
171,878 19,575.086
225,070 16,586,221

25,422

16,2;)5

3,881

1,165,751
887,047

Of the above imports for the week in 1893 $59,300 were
Of the
American gold coin and $115 American silver coin.
exports during the same time $237,000 were American
gold coin.

1):

1R92.

„^
Wheat

owt 17,702,934
Imports of Bour
.5.4s7.038
Bales of home-(?rown. 7,153,306
TotaJ

30,313.618
1892.

Aver, price wheat weeli.2Sp.
Average price, season. .28s.

5(J.

5d.

1891,
20.944,333
4.0.'O,373
8,863,'<31

1890.
17.213,778
3,642.729
11,008 0^8

33,838,539
1891.

31,866,595
1890.

39s. Id.
36s. lid.

32s.

7d.

3.'8.

Id.

The following shows the quantities of wheat,
in3iize afloat to

the United Kingdom:
Thiiweek
Last week.

„..
Wlieat
qrs. 2,285,000
Floor, equal 10 qrs.
479,000
"'""
UaUe.

1891.

$1,693,525

49 weeks. $-108,431,567 $514.868,179 $492,191,277 $541,783,490

:^ev. reported.

d.

OH

$2,232,095'

Total
$11,703,468 $10,176,177, $7,989,809 $12,104,730
Hnce Jan. 1.
3tj Goods
$125,730,832|$140,684,764 $109,563,349 $119,979,227
3en'l mer'dise. 342,700,7351 374,183,415 382,627,728 421,806,263

SILTKB.
Dec. 1.

1890.

$3,314,610
8,388,858

:

175,418,00

9|The quotations for bullion are reported as follows
aOLD.
London Standara.

1889.

Jry Goods
}«n'l mer'dise.

Clrcnlat'on

PubllcdepositB
securities
aeoorltles

For Week.

18S8

Dec

-qrs.

303,000

2,227.000

402,000
363,000

1891.
2,515,000
306,000
195,000

1889
1.5,669.024

4.317.457
13,937,401

33,943,882
1889.
303. Id
293. lid.

flour

and

1890,
2,012,000

320,000
384,000

—Mr. Edward D. Adams will retire from the

firm of WinsCo. on January 1, to devote hij time and energies entirely to the affairs of the American Cotton Oil Coinpany and the Niagara Construction Company, in which he is
largely interested. As a matter of fact, Mr. Adams has for a
year or more past been haidly an active member of tlie banking house, owing to the responsibilities he has assumed as
Chairman of the Board of Directors and of the Finance Committee of the American Cotton Oil Company and as President
of the Niagara Construction Company.

low, Lanier

&

—Messrs. John H. Davii
tc-d ly's Chronicle.

&

Co. advertise investments in

—

"
.

i

.

Deckider

Bank*.

Dk.

OapUal SHrplut Lotmi.

(OOsoinltiPd.)

,

Yuik.

a,)'00,i>

v.osu.n

t.imx.A

ll,'?'."'

Hptem.

1.891', 4

la,

V.OOl'.U
'-'.'in.'

1

i.

DtpatU:

Itgalt.

'no

l,8-0,0

10,700.0

701,0
HBM,7

1*,HI|I,0

H."

7.;

I. II

'

I. J-.

10l»

fOUMR TBADI or NRW Yohk— Moktiii.v
addition to tba ublo*
rrturna, w« giT« ih«,
alao

iMUMl

our

bjr

ownt oovani the

Now

Ii<iiik .if

StittiMiiciit fur the wrrk pndinK
ttoo cipheri tOO) in all eautM.

We omit

as (ollows.

.

THE CHRONICLF.

17, 1893.]

Citf Bank

New York
10, IDUa, ia

A
3

1

tkr^TwnitTr

.

New York Custum

total Imtxiru of

—la

w,'.„kir

,

month.,

,

Ttw Urn aUW*

iiuuw*.

mmohaadlw.

wroan an« aaw

roaa.

11.73(1.(1

i,ii>

ntp

^r

1,1

' V"V"!I

•

It* Ik.'

1

I.IID".

3UU,0

lOV'rH*

l:

"

I

i

s

M.
I'uiii;.

RopiiMlo...... ..••..
Ctiiilliil u

a IV,
4!M,7

2,h;ii>,<'

.Hi-S.O

20,0

ltlH,l>

000,0
300,0

son. I
78.0

191,4
4H3,1

1,300,0
6,000,0
6,000,0

f'W.O

l,lo,>,«
».43»,tl
l,730,t<
3,'<38,3
111,8)1,0

8,

11,7

1,0 0,0

1,8«;,9

1,000,0

l,011!,!i

433,7

447,0
87«,4
87a,A
SJU,8

460,0
300,0
700,0

Auiciica

llaiuo er

1,000,0

M

1,704,3

IrHug

600,0

33U,!I

CIlUi'us'

000,11

NartmiU

600,0
760,0
500,0
6U0,0

446,«
«7S,7
808,6
120,4
369.4

Mittk.'T .b t-'altoQ...
s- •>
^ler

1,000,0
1,000,0

'.ig»

I

I'Ol' iLIU'llI.tl

OritMilal
I lupoitera'

,

Seftboajtl

300,0
1.600,0
3,000,0
350,0
3,300,0
3,000,0
3OO,0
760,0
600,0
1,000,0
300,0
230,0
200,0
740,0
600,0
100,0
300,0
300,0
600,0
300,0
200,0
300,0
300,0
200,0
60C,0

Sixth National
\Vt'>t<fii National..
Fli^t .Nat.. Bi'klyn.
Bouitieru Natloual..

2,100,0
300,0
1,100,0

..

&

Trad'*

Park
River ....
Fourth ?%atioQal
iViitiiii N :itiiinal
Kiw«i

nal....

H.

N

ill

1

.

N'fttii>nal^

Nat Kxctiange

(-'

rioun..

I

..ll

Cit'iiiiua

i^xcUaDgo..

Gernianift
Uiiitiil

S.a es

Lincoln
Garlit»:(l

Fltth National ....

Bank
West

of the

Motrop

.sule

Total

18,Mil,4

1.71H,7

1,733.0

13,«10,8

.'i.UTl,4
8,40 J, 1

1,'I71,4

l!0.>,f

1,507,8

6<>1,1

3,936.a

'.'84,H

11,3.^0,6

3,1>M,1
1,03M,6

063,8
777,S
004,3
43H,0

^671.9

31)0,0

City, Boston

374,3
746,3

lH,62il,'<

7,.^06,0

6,310,0
3,368,0
21,078,0
4,907,5
l,62i,5
3,033,0
3,133,1
2,766,0
13,97 il,»
e,:10l,8

3,894,5
3,003,4
0,001.3
6,03 •i,6
4,H3S,4
1,950,5
4,7SJ,0
2,364,0
4,391,U
1,783,0
11.033,3
4,781,0
3,433,9

l.'<»8,5

4.1»7,»
300,1
130,1
SJ7,7
187.7

443.0
1,096,0
1,080, :t
103,7
4,H83,0

6,90 J.x
04,6
4.331,0
1,S40,0
907,0

1,130,8

336,0
833,0
336.0

14,1IW,MI

SI.VT.4II0
lll,aM.34«

0,433.8

I0.(M7.hOl

ai.iiojnii

»,.H78,1

Ootobar....

l«,«74.ao*

5.200, -«

(fovambar

I,38i!,5
8,40)1,0

3,031,3
3,483,1
14.690,8
6,83!,
3,473,9
3,5»7,a
8,313,5

570,6
64^,9
610,3
343,9
601,3
419,7
831,3
438,6
800,0
340,0
161,0

316,6

10.«t7,4(«

AOdMU.....

SapUnbar.

37,490,3
1,053.4
1H,V20,3
8,313,0
0,334,0
4,voa,6
19,960,0
5,077,3

l,l''8,6

(

iulr

34,0<H<,0

131,4
133.3

1,01<*,6
743.!t

8,731,5
3,633.5

l,179,u
1,S50,3

710,0
898,6

1,882,

•1^17,111

6,470.7
1,981.0

618,0
2U8,1
3 J 1,0

3,611,6
OdO.i
20<,S
203.1

7.tl7«,M»

7,7117.3

l.eOK.l

1,709,4
1,146,0

1.102,6

178,3

811,7

5,9,18.9

6,044,0
3,09i,6
5,«77,3
3,401,0
4,706,0
1,576,0
11.424,9
5.113.0
3.003,1

26I<,U

N. York."
Kov. 12....

128,6.-.6,2

and Philadelphia Banks:
Specie.

LeiaU.

$

$

8,8U.4a»

.

ai.iao.M7

Ronton.*

DePotUi.

I

asrOBTB raoH aaw roaa.

avwtowt aaoaim.

TM*t MmrOmMt*.

,41

1881.

Maroh
April.

80.848.146

80,044,868

Itay

3] ,338,78:

rabraaty.-.

451,606,4
462,196,1
462,033,2
464,861,8
451,046,8

Mareb

Jans

1I3.84S,«08

July

88.808,670

8t.lSS.lao;

0U0,8.<<e,0

11.8MJ0«
1U79JB1! io.4«uia

4acim

a0.70IM7 83^53.780. AncQst.
80.911.068
81.SS8.00S

87,OI».IOO

October....

37,3:0,704

September..
October....

November..

S3.<78,760

80,641,807

November.

344.78n.M8 .S48.577,473

04,612,0 161,040,1 10,465,1
64,042,9 103,33^0 10.«3<),2
64,043,9 101,798,8 10,741,3

10....

rhla.*
NOV.3C....
Dec. 3....

35.793,7 108,003,0
35.793,

6.125,1 152.979.4 4,082,4 90,360,6
6.4.0,9 132,093.1 6,033,7 109,640,9
6,703,7 162,010,6 5,089,8 100,039.0

106,290,0

* ire omit two ciphtrs in nil these (I»iir«.
d-^lphlii. the item "due to other bankB."

06,963,3
87,350.9
73,065,8

108,1 f 8,0 3,013,C.
107,68.>,0 3.010.0

29,106,0
28,314,0
27,015,0

3r.,793," I0«,3i:,0

10

100,080,0 3,599,0

t Includinc, for Boaton

aad

CoiNAOK BT United States Mints.— The following

Phlla.

state-

ment, kindly furnished us by the Director of the Mint, shows
the coinage at the Mints of the United States during the moutb
O' November, 1892,

ttj««.ias|
10.S90;S6T

9.aei4a8.

Total

18J.7I0.78W 113.(97.7(1

.

—

Auction Sales Among other 80curitif.M the following,
regularly dealt in at the Board, were recently void
auction.
By Messrs. R. V. Harnett Co.:

and the eleven months of the

Piteet.

1

97>»

Co. 1st On, 1025. coup, af
1, 1 S-jS, and thereafter

July

50

attached

A Mew Or.

Ry.. 1024, coup,
of Jan. 1, iSHl, and there$8,S0O
after attached

Excbauge ...... 9I6O

By Messrs. Adrian H.

Bondt.
$37,000 North A E. Hiv. Ry.
20
Istea. 1U16
$5,000 Toledo Col. A So. Ry.

9100,000 lst6> Oecat'rrhes.

Ins. Co... 140
Consol. Utook &

Memb.

Muller

&Son

:

Share*.

Shares.

jg?"* 50 Bond A Hort. Ooar. Co. .110
40 eth Ave. RK. Co
15 Herrlng-HaU-Marvln Co.
7 Jemey aty Qas-Ught Co.
7n
common
18S
of N.J
115
50
Ninth Nat. Bank.
70 Firemen's In.1. Co. (100 p.
5<a
c. paid in Itauldatlon) .
110
16 Citizens' Fire Ins. Co
141%
ISPaoitlc Fire Ins. Co
63
10 K. Y. Fire Ins. Co

115
20Oansevoort Bank
30 B'klyn Academy of Mosio

%VLVLkim

Doable eagles..
Bagles
Half eagles

Value.

65.500

1,310,000

"io'.CKJO

50,000

76,500

1,360,000

710,000
214,000
801,400

710,000
1O7.000
201,000
103,000

Quarter eagles
Dollars

Total gold

,

dollars

1,030,000

I>luiee

Junut*.

$117,000 Dist. of CoU 3-65«.

114V115'4

$20,000 City of Boston 34*,.
99 *
1920, J&J

....

LIBERTY NATIONAL BANK,

Value.

Piece*.

866,146 17.325,920
899,412 8,994,120

CAPITAL.

New

Yark.

U00.«««

ACC00NT8 or BANKS, BANKBB3 AND MaBOHANTS 80L1C1TB0.
1,134,905 5,674,525 HXNRT
HBNRr SKAVaS, Tlea-Pr«M4sai
0. TINKBR Preeldent,
^^^
JAMBS CHRISTU, Cashier.
173
69
D I HECTOR!*.
TLCT.
a. F. C. TOUNO,
HENBT C. TINKBB,
HON. O. A. UOBAS
WM. HUNKLB,
dRAvas.
2,900,532 31,991.738 UaNBT bakbil
J. A. OAHLANU.
DUMONT CI.AHKB,
aao. r.
5,629,095
2,263.123
11,037,174
10,384,491

5,629,09.^

J. B.

MAXWBLL.

1,131,061

JSO. U. 8TAR1.S.

Spencer Trask &

3,7.t9.294

1,638,449

Co.,

BAlfKERS.
Total silver

,

2,758,000

1,121,000

35,212,883 11,147.899

10 wrall

St.,

16 Coairesa

Wear Vork.

1, 2 S 0,000

6 1,0c 0, 10,037,292

534.365

Albsiar.

One cent

4,520,006

45,200 32,899.482

3i8.99'3

Mamban of New Tork and

5,800,000

Total oolnaare

8.633,500

109,200

43,586,774

OF TIIK CITV OK SKW.VOKK,

Balf.doilni8.

—Attention
Hayes & Sons, bankers, on page Vlll
sti<

som

;

of this issue,

and

W.J.
speciil

uld be made of tlieir legal counsel, embracing as
of the most eminent lawyers of the country.

Boatoa flioek Baabaasss.

THE MERCANTILE NATIONAL BANK

Novenibsr coinage Includes 54,000 pieces, or $27,005, Culomblka
13 called to the advertisement of Messrs.

R .at**

INVESTMENT SECURITIES.

863.360

2,590,2001 81,700,180 44.(02,99;

at.,

rfwt*»mt:

Five cents..,
Tbree a<<nt8..
Total minor .......

Int.

atttl l^^lttauctal.

Ceoiral BaildlaK. 143 Liberty 8ir«el.

Ttiree dollBm...

Standard dollars
Hair dollam

5 United Btatea Trust Co. ...801

20 Western Improvement Co. 5
5 Thurber-Whyland Co.com. 5J

FA A

(3 admission tickets) ... 196
5 Journeay 3c Buruliam Cu.
112
prcf...

year.

9

Joes

at

II jran<A«ori8fi2.

Ifovtmber,

it

not

&

Shane.
11 Trow Directory, Printlm
dc Bookbinding Co. pref. 90>t
100 NIoaragna Canal Con20
struction Co
10 Nyack Electtlo Light &

Denomituition,

mention

O.UIJM

•.s«4.aB»
U.a04.1«7,

Jaly

.

KOV.2B....
Dec. 3....

'

XtJtOJUt
7.71 8,wa
r.4Mjaa

10,«74.aM

September

Petro.

810,668,0
789,916,0

UJ9»,ti6

April.

666,636,4
782,671,6

6,6U8,8
6,062,1
6,872,2
6,610,0
6,630,2

f

I

UMUM

Jaaaary....
fabmary...,

M.9M.«n\ May
88,386.401 Jnne

Total

Mtu rwk.

t««a.

«
t
84jr7S.«M 87.000.186
so.7ao,i77 a8,4a8>ie
83.064,030 88374,476

Jtsaary

Power Co

Cire'Vn Cltarintt.

imjmAH a>T,B«7,»I0 tUMt^H

Total..- 117.848.086 4ll7.4aBJ<7 6ll«.TI»JM

$

446,938,8 76,143,0 40,437,6
444,223,3 77,763,3 30,»46,4
ii 2,646,0 79,432,4 40,290,5
444,028,3 70,099,8 41,100,4
443,540,7 77,714,6 40,536,0

128,656,3
" 20.... 128,058.3
Dec. 8 .. 128,656,3
'•
10.... 138,656,a
'.«...

Quanor

4M7MH,

Jna*

3911,8
897,.H

8,669,3
770,7
07,4
604,0

iM1«,W|)

4,H6>i,9

7M.0

360,8
036,7
864,0
0X3,0
8S0,4

wjm.Ma

tjnnjtu
aja».n>

397,9
412,U

1147.0

t4.W7.l4a

B.-«I.4M

10,M80,0
3,683.0
3,442,0
3.903,0
4,123,3
3.674,3
3.360,0

188,0
406,0

ia,474Ml

4prU

U,487,8

870,l>

(01,3

laaaarr....

rakraanr..
Marob

Kay

3.448,0

607,7
1,303,0

lleni>ati.

10 Lawyers' TiUe

BANKS.

•

13,Ut)ll,ll

60.482.7 68.233.5 442,300.7 77.714,6 40.6&6,9 451,046,8

Now York

"

MO.O

133.

3.tu6,3
3,814,0

891,6
460,8
803,4
726,8
266,0
206,7
347,4
246,7
807,9
143,0

4.431,
l.HOK.i
3,0 1 11.11

3VO,0

417.H

4,(»37,4

61«7,S

3»6,0

l,lol-,4

4,661.3
l.»»9,0
34,031,U
23,984,1
1,158,«

615,6
659,0
276.1
1.100,8
909,3
581,8
644,9

4,3S».0

3.990,0

860,3
431,3
8,A1«,H
2,897,7
13J.S
1,875,0
677,h
463,S
201,1
7,030,5
86,4

ftlO,«

14»,4

1,331,6

16'<.1

m.9U,\

840,6
73,0
468,7
?,574,0

0,108,6
3,164,
6,314,8
14,851,0
3,-7«,0
3.872,1
8,79 •.<r

1>1I0,»

1,418.4

«4S,1

I

400,1)

1,600,0

Pi>ol'lo'«

Noi'i h

Drt

;i,(MK.o
t

Oaiiltal,

WILLIAM P.

Na. lUI Braadway.
aifOOOiOOel MarplnaAProBla, •t.OJO.OOO
raaDBRICK a 8CHB.<(CK. Ca<bi«t.
ST. JOH."*, Prwildant.
•

I

JAMBS

y. LOTT.tAsatstaBt Oaahlar.

ArCOVNTS SOLD

.

.

THE CHKONICLE.

1020

tian tiers

ii-hje

iVou LV.

held abroad are always large, though a good part of this

(i^a^ett.

money

is sometimes re-invested in American .stocks and bonds>
Actual rates of exchange are: Bankers' sixty davs sterling.

DIT IDBND8.

4

86@4

demand, 4 873^@4

861^;

88; cables, 4

SS\im

SSJ^.

Posted rates of leading bankers are as follows:

Same of Company,

Per

When

Cent.

Payable.

Books Closed.
(Days inclusive.)

Railroads.
Boston Revere Beach

& Lynn..

Clilo.Ju]io.R'y8&Uii.8t'k 'S'ds.pf

com.

do
do
Connecticut Klver, extra

2>s
3
4

50
2

Fitohbure;. prel

N. y. N. H. & Hartford (quar.)..
Ifortheni Central

Oregon R'y & Nav. (quar.)
Pennsylvania & Notthweetern...

l^a
213
5
l^s
3

Jan.

Dec.

2

5

S

c.

1^2

Lehigh Valley (quar.)
Manhattan (quar.)

15 to Jan.
18 to Jan.

Jan.
)

December

to
to
to

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Dec.
Dec.

Jan.
Jan.

Dec.

15 to Jan.

Jan.
Jan.

Deo.
Deo.

23 to Jan.

Jan.

16 Jan.
Deo.
Jan.

Prime bankers' Bterling
Prime commercial

Nineteenth Ward
Knlckerboclfer
Hew York Guar.

& Indem

do
Distilling

Bell Telephone (quar.)

do

do

&

extra..

Cattle Feed. (quar.).

Edison Elec. of Bk'lyn.
Hinnesota Iron (quar.)

(quar.)..

3
3
1>«
IJ4
1»«

P. LoriUard, pref (quar.)
Philadelphia Co. (quar.)

2

Thomson-Houston Elec, pref
Western Union Tele, (quar.)

3i«
1^4

.

Jan.
Jan.
Jan.
Jan.

17 to Jan.

United States Bonds,— Quotations are as follows:

to Jan.
—22 to
— to
— to

to

3

21 to Jan.

lU
Jan.
Jan.

2 to Jan. 14

20 to

Dec.

Deo.

1 to
20 to
20 to
to
18 to
21 to

—

2 Dec.
16 Dec.

4 89

4 85 94 8514
5 17iaa5 16'8 a \fki^nk \'i
40i4»40B,s
A.mHt;erdam f trullders) bankers
407i«a40i4
95^89 95i«, 95'e»96
Frankfort or Bremen (relohmark8)b'nkers
...........

1

miscellaneous.

merican

on London. 4 86 ®4 87
_. 4 851434 8519

Dooumeiitary commercial.-----

Hanks.

Korth America
XriiKt Coiupanlrs.

Demand.

Sixty Days.

16.
bills

Jan.
Jan.
Jan.
Jan.
Jan.

2b
4g,

1907

46,1907
68,
6s,
6b,
68,
6s,

cur'cy,'95
our'cy,'96..
our'cv,'97..
oar'cy,'98..
OHr'oy,'99..

Interest

Dee.

Periods

10.

Dec.
12.

reg. Q.-Mch. *100
reg. Q.-Jan. •113
coup. (3.-Jan •114
reg. J. & J. *105
•reg. J.
.reg. J.
.reg. J.

.reg J.

&
&
*
&

J.
J.
J.
J.

Dec.
13.

100

Dee.
14.

Dec.
15.

Dec.
16.

*100

100 i'»100
113 *113
114
1143a
*105
105
105
105
105
•107i« *107ia '1071a '1071a 10718*107
•110 *110
110 110 *109 ,*lC9ia
*112ifl*112i9 1121a 1121a •H2ia*lllia
'115
115 *115 l*114ia
•115 •115
1*100

II314 113>4 'I1314
*114'4 11414 114i>8

•This is the price bid attbe morning board ; no sale Wiis

i

ade.

ftOTemment Purchases of Silrer.—The foUowiag show g
the amount of silver purchased to date in December by the
Government.
Outices

Ounces

Price paid.
WAL.L. 8TSEET, VRIDAV. DEC. 16, 1892-5 P. M.
purchased.
offered,
Tlie
high
The Money Market and Financial Situation.—
$0-?'320 a JO-8557
3,054,000
Previously reported
*0-8370 ® $0-8380
942,000
rates of exchange and exports of gold, present and prospective, December 12
$0-8345 a
000
450
14
the
week
as
Wall
Street
are the chief topics of conversation in
"
$0-8350 a $0-8374
724,000
16
in
the
movements
ends. There are frequently unexiiected
•Local purchases
foreign trade balances and fluctuations in exchange vrliich
3,023,000 $0-8320 It $0-855 1
had not been exjiected, but in past years we have always had •Total in month to date.... 5,170,000
an unseen balance wheel to rely on for adjusting in some de* The local puroliases of each vreek are not reported till Monday o f

gree these temjxirary irregularities, and that was the demand
for American securities. At the present time this demand is
lacking, and tlie conclusion is almost inevitable that it is
checked bv the silver situation in this coimtry, to which more
than usual attention has just been drawn by tlie discussions in
the Monetaiy Conference at Biiissels.
Once satisfy the foreign investor that every railroad obligation in this coimtrj; will be paid in gold and that there is no
danger of our getting on a silver basis for railroad earnings,
payment of dividends, etc., and the demand for our securities
would probably spring up like magic. It is only necessary to
refer to the effect on the country of the resumption of gold
payments in 1879 to get an idea of the way foreign capital is
simple rejieal of the
influenced by the currency question.
silver law of 1890 withoiit any other legislation following it
could hardly fail to have a most beneficial effect in stimulating the demand for our securities and stopping the exports of
gold.
The advance in Western Union has been partly lost, and the
cause for the upward turn of ten points or more has not been
fully accomited for. Possibly Western Union was selected as
a stock which can earn its dividends and pay them in gold or
its equivalent under all circumstances likely to occur. Again,
it may be intended to change the Gould policy by which a
nominal surplus was accimiulated out of earnings and then
capitalized by a large scrip dividend. Tiiis policy in corporation management is always unfavorable to minority stockholders and favorable to those on the inside, as the latter have
the chance to buy up stock quietly for some time before the
dividend is declared.
The open market rates for call loans during the week on
Btock and bond cdllaferSIs have ranged from 4 TO 2.5 per cent,
the average being 7 per cent. To-day rates on call were 6 to
25 per cent. Cominercial paper is quoted at 5@5J^ per cent.
The Bank of England weekly statement to-day showed
an increase in bullion of £65,000, and the percentage of reserve to liabilities was 48"09, against 47'97 last week the discount rate remains unchange(i at 3 per cent. The Bank of
France shows an increase of 8,400,000 francs in gold and
a decrease of 150.000 in silver.
The New York City Clearing-House bank strtement

A

;

:

1892.

TUfferen'sJrmn
Prev. week.

Dee. 10.

1891.

1890

Dee. 12.

Dee. 13.

$
59,372,700 60,,572,700
(hifplns
64.981,000 62 ,.'13,100
^
6t<,233.500
Loans and dlso'ts 412,560,700 Deo.2, 067,500 417,995,100'385, 907,900
Dec.
5,55S»,600
Clronlatlon
80,700
3,,557,600
5,530,200
Set deposits
451,046,800 Dec.3, H15,000 436,085,200,376,,716,500
Dec.l
Specie
,385.2001 89,965,900! 70,,340,000
77,714,600
Legal tenders
40,556,900|Deo. 552,500, 34,544,900, 24,,453,700
Reserve held
118,271,500 Dec.l, ,937,700 124,510,800! 94, 793,700
Legal reserve
H2,761,700iDeo. 953,750 109,171,300) 94, 186,625
Capital

60,422,700

„..

1

Bnrplns reserve

5,509,800 Deo.

—

983,950) 15,339,5001

607,075

Foreign Exchange. The rates for sterling and Continental
bills have been very strong, but gold shipments are less than was
expected, and amount to !j(4,7.50,000 for the week, none going
to-morrow. It is supposed that more gold will go out next
week, but the high rates for call money may check the movement. Very little commercial exchange is making, as cotton prices are too high to permit of large exports; then the
remittances for January interest and dividends on secmities

the following week.

—

State and Railroad Bonds. Sales of State bonds at the
Board include §25,000 Ark. 7s, Miss. O. & Ked R. at 19; $6,000
S. C. 6s, non-fundable, at 2%; $1,000 N. C. 6s, 1919, at 122,
$10,000 N. C. sp. tax, class
at 763^.

1,

at 4; $5,000 Tenn. settlement 8s

Railroad bonds have shown a larger business on the general
with some of the popular bonds higher while others have
sold off a Uttle. The Union Pacific gold notes, 6s, have risen
to 97 5g' on good buying, possibly by the trustees in order to retire
more boncS before Jan. 1. Atchison bonds, both the 1st 4b
and second 2i^-4s, remain without much change. Rock Island
coupon 58- ai-e steady and General Electric debenture us sell
to-day at 100; Columbus & Hocking Valley 5s are also
better at 92, owing to the proposed combination of coal
and
sec4s
Missouri
Kansas & Texas
carriei-s.
onds are in good demand; aUo Mobile & Ohio general
ratlier
been
Tlie Reading prei. incomes have again
4s.
weaker on a less confident feeling in Philadelpliia, and
list,

Northern Pacific consol. 5s, in sympathy with the stock,
There are some of the lower
yielded a trifle on small sales.
grade bonds whose prices are partly dependent on some turn
of affairs in the near future, and among such may be named
the Reading pref. incomes, the Richmond Terminal bonds and
others of the DanviUe and Terminal systems, and the San
Antonio & Aransas Pass issues. There must also be a little
uncertainty as to the bonds of the Gould Southwestern roads,
some of which liave recently been selling low, such as the St.
Louis Southwestern 1st mortgage 4s at 05, the Texas & Pacific
With
1st 5s at 79^^, and the Iron Mountain 5s at 83J^-84.
parties sharing in tlie management of the Southwestern
it is possible that the Ixinds would improve, but we
hear no intimation of any dianges.

new

system,

Railroad and Miscellaneous Stocks.— The stock market the
few days has been so much influenced by the bear .attacks,
based on the talk of gold exports and tight money, that it is
Eiobable a moderate amoimt of stock held on small margins
Then it has been evident that a _g^at
as been shaken out.
past

part of the active speculative business of late has been inttiie
so-called industrials, and these are more easily touched by
rumors and bear attacks than the stocks of old railroad c^panies whose status in much better known, although they may
not be dividend payers. Notwithstanding an advance in the
price of whiskey, and reports of enormous profits to come if the
C. F. on largesales
raises the tax. the Distilling
has fallen off to 6614, and it is concluded that some Ivge
Chicago Gas was steadier but tleinsiders have been selling.
clined to 91^ at the close. Rock Island was one of the
strongest stocks, and the point was given out that the company would receive soine $4,000,000 cash from the payment of
Minneapolis
St. Louis improvement and equipment bonus,
but this is denied, though some negotiations are now piMiding.
Western Union declined about 5 points from the highest price
reached, which was 98^ last Slonday, but closes a trille better
at 94, and there is no" further intimation of new interests
in the companv. The market is without new developmeutsin
the
otlier stocks, aiid prices at large are contending against

&

Government

&

influence of the gold exports and high rates for money. JNar
tional Lead comnwn and preferred fell off sharply on reiiorts
favortliat the consolidation with Linseed Oil would not be as
able as the market prices indicated, though this was by no
means conclusive.

.

1

DBCRKaKR

17.

THK CHRONICIJI

189a.]

NEW YOKK STOCK EX0W4Nttfr-^O7T^^g BTOQ^
HIOHSBT

Oee, 14.

84

4%.

.

M

85

4>«

4Vt

94%

9.M4
B0>4

90>4

1Z7

3S

•am

CI

42«8

Hi

Deo.

84<%

'95" '9B>i
eo>4

12U

120

•61

140

84%

88

«

4

•4

94*t

96%

94

125
82

•IJ"*

125
33
•«o
•10

141

111

141!

O'.i''-

Ul%

-141%
84 'A

11,

'a
\

13;!
IS:!
Itiiji

iiH

"2*6"

83

ill,

In

147

147 14

132
101
VO

101

101.

'7

23
75

23
78 Hi

307p

10

23
70

23

if.

»K

148
137
10
23>4

75% 75%

110

•118

120

59% 60%

5218
•31,

•28
•7

82%

81

•25

81,

145

147

147
lS4is 136
99% 100
•32

2314

98%
•9%
31%
23%

23%
75%

7(1

75

35

.

71>4
24>4

104

7014

70%

24

24>4
26i«

13S

14M U'e
2'}
2«%

-36
•86,

109%
•15'«

lU

•72
•33 •«

80

15*1

•73

35

24'«'

55 >,
4S

33 >«
24
55 ••

24<^

ia\

13-Vl

19

8%

7%

17
-U»

I-

„

25%

14><
26>4

5799

581-1

99

'\h

1.1%
•73

33>«

1"

80

35

33i«

54>«

">5i«

42><

48H

24%
.551*

4»3«

253

l!«%
17'8

254
181)6

17% 17%

70 >t

70

40

23% 24
55%
42% 48%

*j>4ia

18%

17i«

18»f

37%
24%
86

42% 43%

17%
68% 6H%

•17

'253

w York A New England
NVw York New Hav. A Hart.
N'l-

256

. .

18% •Vpw York Ootarlo A Wenen
16% 16% New York Baaqaeban. A West.

18

18

68
67
67
67
Do
10% •10% 10% •10% 10% Norfolk A Western
•38
- » 38% "37% 38% •38 U 39
39
37% 37%
Do
17
'17
1719 I714
17
17
17
17
16% l«j% Northern Padflo
4SS9 48%
48°lj 5o^
47»8 4879
47% 48%
481s 4><'(.
Do
•zm Si" •2014 22% •20% 22% 20% 20% •20% 22% Ohio A MlBRleelppI
553*
4S
83% 54
51
53% 49% 51% •40
50 Ohio Sonthem
•(>9

lOM

•10>«.

'38^

lOlfl

10>4

pref.

•10i«

pref.

-

I719
49!||

•21

17i.
5UI4

23
47
75

41
•72

17 Hi
*6»»(.

•72

75

"le'i*

17

Vi

55>4

20V»
6II4

20
•60

56 1«
20

om

•59% 6114
8
•35

8>i

36

40
•is" 27
•62% 64

38
27

•25
"'Hii

"eJi

13

13%

*40l9

41>i

"106

6=8

•40<«

107

•10(i

112
84
10
37

34'4
95b
875b
•44 >«

34 1«

77 »s

•75 1«

1\^

77»»
38>«
1S>«
111*

24 ^^

25%
22

2479
21>«

63'8

63 Tg

16
•201*
63'e

•15

"25
6308

6%

6%

13% 14

•nil* 113

37%

74

•72

76

72

10>i

38
47

47

37%
1013

im
•15

16

14
"40><

41><

61ifl

61if.

8

8

40
27

•32
•25

eS^b

'621s

36
28
63

814

e^e

14
411s

107
107 107
'1111*1121,
112
34 1« 34
34
101«
9'8 10
87V.
37
37 If
•451, 50
47
•75
80
1« 80
38<>s

161,
111*
25>^
21>«
63'e

16

37''8

39i«

16<1b

•71

72

16'8

16''9

7%

•25

34ifl

10

37
•451s

80

34%
10%
37%
39'9

17% •16% 17
11% 11
11
24
34%
20% 20% 30%

107
112
33% 34
9% 10

17
•11

25%

24 »8 25

23% 24

21
U3is
15

21

•203k>

63%

20
68

16

14% 15

16

81

109%
102% 103%
•122
111
93 ^

St.

pref.
...

81,80«J

47 1«

92 "h
ll-,
•19

<

pref.

A Dnlntb
Do
pref.
Paul Minn. A Manitoba...

Hoatbera Paolflo Co
Toledo

A Oblo Central

Do

Mlob.

100
3,090
1,400

Do
Wbeellng

Do

68%

A Lake

pref

21
15
38
19

Nov. S
Nov. 10

Jan. 4
Jan.
4
Jan. 8
Jan. 8
Jan. ft
Dee. 18
Dec 1 81% Jan. Sa
Dee. 1» 83% Jaa. 4
Oct. 26 23T« Jaa.
«
Jan. 19 65 Feb. 11
TM-C-.
2! 30% Jan.
ft
S.'pt. 7
67% Jan. ft
Feb. 18

Feb. 16
Jaa. 9

2,086
650,

6%

J11I11.-27

Mar. 11
Jaa.

11% Dee. 1 SS% Jao.
89% July 6 48"% Jaa.

t
t

7

Jan. 19 108 Get. 7
Feb. 35 116% Jaa. 4
Dec 16 41% Jaa. •
Joly 1 14% Jan. 4
Apr. 1 38 Not. 10
Clot.
6 •83% Feb. 18
78 Oct. 13 88 Feb. 11
85% Deo. 2 80% Jaa. 4
18^ July 11 25 Jaa. 4
10 Jane 8 15% Jaa. 4
83% June 8 83% Jaa 4
19% Nov. 83 40% Jaa. 9
63 Nov. 30 80% Jaa. «
14% Dee. 16 81% Jaa. 4

405 108
230 lis
1,690 83%
4,700
7
5,800 38
150 45

250

M)5
700

niaeellaneoaa ^(ocka.
40% 41% Amenoan Cotton OU Co
pref.
79% 79%|
Do

43%
80% 80%

5

17%

660

Brie

.Mar.

Dfc. 12
Fab. 11

500 31% Doc 7 79
38 Nov. 30 41
10 63 Dec 8 74
1,685
6 Dec 1 11%

100,966
1,500
1.930
7,110
pref.

Wlsoonaln Central Co

69%

300 57%

6,605

pref.

Wabaah

20

30'-

311 224
5,532 17%
3,675 10%
1,043 41%
9
"126; 37%
3.317 16% )«.•<•. lit 26%
65,045 47% (iept.21 72%
50 19 8ept.38i 24
5,0-20 10
Jan. 13 65%

106 107%iAm. BOKarRef.Co
Do
99% 98
98%l
122
130%121 American Tobacco Oo

1071* 109

?"

4r% Ami. is
19; 86% Hot. 1«
191116% Aac.8«
101107% Aa«. 1»
3' 136
H«T. 1
IS 115 Get. ta
Mot. ?
8
i9(

W%

34.

I

43% Oet.

a

Not. 8a
9 73% Daaw iS
7 119%

15128
7

143% DMb ll

4138%

'

iiei*

M%

m

I

691*

»

'

I

113
141

87
7

"iw

".

4m

» May
« Jan.

'%Aiir.

97%

Panl

Tezaa APaoiflo

11

11

41

I

I

125

34 61% Dee. 13
34 99% AHA. 8$
It;

1

U'j .Inn.

1

27-fl

5414

198

'

I

•83
38'e

•100

,

I

,4

"4900% May 'f

12
1

1

86% Jaa.

li

Mi.r

-iZ^

',ilU

no

I

,

•43

»»

11

43% 43% 43%
•81% 83
81% 82
107% 10S38 107 »H 109
991, 99 »»
99% 99%
43

S
»

,

10.887 88% Jaa.
1.810 68% Jan.
163.610 78% Jan.
5,650 90 Jan.
99 1« 103 1«
pref.
99
>122
1,400 106 Oct.
122^9 123
123
123
122 122
122
1<M»«|i
866 96 Jan.
prof.
111
111
111 111
110 112
Do
111
110% 112% 100%
94 19 95 19
^-•^a^oOa«Oo.,tm»tre«'t«. 106,341 71% Jan.
93% 92^8 95
94% 95% 92% 94%i 91
14,847
88%
40'
425^
42>8
42
rado Coal A Iron
42
42% 42% 41% 42%| ..
423sl
2.989 102 Jan.
'<lldat«d Gaa Oo
125»» 124% 125%! 125>4 128% 124% 125%! 123
124
122
..44% Mar.
71%'
433.366
65-,.
70'« 721,
.V Cattle Feed's Oo.
71% 721, 70% 71%' 67%
70'S.
35,86 i 104% Jnly
''!><«irlcOo
1131s II314 llSis 113 113% 114
115%i 113% 115% 112 114'i
18.100
91% Mar.
141
Ulis 142 1* 141M
'ordaKeOo
112
'e 141% 14l%i 140% 141% 139% 140^
5.331 100 Jan.
'
pref.
117
115 116
115 115%. 113% 115%) 113
II714 117
163,363
30H Mar
«adOB
60% 4<r
48
47 »9 49»B 49 19 611, 50% Bl%i 44
^ 93
Mar
7.637 81
pref.
04%
03
92 >• 941, 94% 95% 95% 95% 03
lO-ff y.....
4.496
1 *ii i^itrii) /Miit^rloan Oo. ...••.«..
IISb 11%
ll-S 11»B
11% 11%( 11% 11%: 10 ^
ii's
19
•19
•19
•19
•19
•19
38 lOrecon ImpmvemrntCo.....
22
23
22
22
23
3^745 25
2««%lpartflQM»ll
28>4 381s
•J83«
27% 28
37
27% 27
37% 25
8,000 90
5:!
'"'--.-' UneCertlflratee)
64
55
54
475 184 Jan.
197 1« 1971, 197% 199
'nan Palace CarCo
198
198 198
i97% 197% 11<7'
83% .Vuc.
83I9 831,: •83
r Rnlllon Ortlfleatea.... 190.000
831, •83
84
83% 83% 'Ma'
84
1
L.
•36
37>4
37
37%
1, 37 •,
36% 37
88% 86% 3ft
pref.
100
100
102 105
105 110
105 110
105
43%l
Co
431,
43
43
44
41
44
44% 42% 45
I

43

sm 110%

t

Mar.
Mar.

«• Jan. e 80% Jnaa s
1.117.132', Jao. 81149% Apr. 7
0,300 139% Jan. 19 167% Feb. 99
aoi< 18
Heirt.22 19% Jaa.
3
3,810 46 Jan. M' 84% Nov. 11
370
8% ,.... ... q^ Jaa. 7
80%
% Jaa. 11
Fob. 3»
7%
880 Zll9'
8«p«. 9
710 119
Anr. 11
8,380 90%
Jan. ft
a«o 9% 1,-.. ... .,.% Jan. 4
485 81 Nov. 2ll|
Kph. 18

I

43>4
42 1«
81
11 079 11107

43

robk li

1

'%*«.

tiw*a

37% 38% Dnlon Paolfla
16
16% Union Paolfla Denver A Golf.

11>8

•15

pref.
Ter*!
pref.

Lonla Boutbweatem

Do

St.

48

48

16%

15

Weat Point

Do
St.

•75% 80

11
245g

•62

A

33% 36% Toledo Ann Arbor A N.

38% 39%

63%

Naviaratlon Co.

Do

106
112

•45% 50
•75% 80

89i«

A

Klo Grande Western

6% 6%
13
40% 41

9'9 10%
36% 37%

50
80

Riohniond

13

34

84

Do

7%

27
64

•62%

6%

6'«

9«^

4
•

148,180
Philadelphia A K(<adlntf
210
PIttabarK Clnn. Chlo. A 8t. L.

•82% 40

^%
13
13%
•401, 41% 40% 41%
106 107
106 107
nils 1121s 111% 112%
6'fl

ureiron R'y

63% 54%
•19
20%
59
59%

54
54%
2059 2058
•60
61%
8
7''e
32
33
•25
28
•62% 64

•13% 14

75

•20% 22% Oregon 8h. Lie* A Utah North
16% 16% Peoria Deca*or A EvanavlUe.

21% 22

2ll< 22%
22
•16% 17%
16% 17
54% 551s 54
55
*19is 20'* "191s 20%

21

5S% 68
•19ia

pref.

I

21=*
17's

S«

Nov 88

I—

425k 43%
264% 254%
18% 18%

257

-il

U

!«% 20%
77%

77%
37%
23%
54%

'«

.

14% 14%

17% 21%
7«%

78
36

litpraf

7

Jan.
J.ily

945 20% Jaa.
27% Apr. 18
1,868 69% Jan. 5 80 Apr. 18
13U% 130% I.4tkeBtaore A Mlob. Bomhem.
5,840 120 Jan. 19 140% Mar. 6
'102% 105 Lnne Inland
1,050 96 Jan. IH 112 June 17
'
-4", Jan.
69% 70% iMOJiivillRA NaakrUle
12.235 64% f.
B
23% 24 LoalST, New Alb. A Gtaicafo.
1,564 80%
Jan. 7
26
26 Loulivlll»St. Loale ATazas
l.OOg 14%
Nov. IB
xl33\135% Monbattan Elevated, oonsol. 30,860 104 J..U. D.o. 13
106% 106% meblKan Central.
480 108% l»ept,l.V117 Mar. ft
1«% 16%Uliilie»poUsASt. Lool*
3.885
8 VeO. 35 21% Aiur. 10
47
47
8.455 18 Mar. 5; 40% Doc 14
Do
pref.
13% 13% MlMuiiri KansaaATexa*....
5.45U 13% Drc. 1« 20% Jan. 18
25
4,763 34 June K. 83% Jan.
25%
Do
pref
..
«s^| Jan.
86
57 MlMoiuiFaot0a
108,015 53 '» ,„...
4
810 33
35
35 Mobile AOWo
% Jan. 2
•86
Jnne 31
89 VUbT.CbattanooKaASLLoula
83
100% 109% Htnt York CentralA Hadaon
•% Mar. ft
8.817 107%
18
Jan. 6
19 Xew YnrkCblo. ASt.Loala..
8,795 15% Jul;
1.3-5
76% 77%
May
19
81%
Jan. 4
Istpref
72
Oo
4,011." 32^
34% 37%
Jan.
Do
4
2d pref
23% 23%|lfewTort['LakeErteAW^t'D 37,383 23%
Jaa. 3
53% 53%
1.000 53 V
Mar.- 6
Do
pref.

69% 70%
24
34%
25% 25%

14% 14%
25% 26 ^

Do

Do
3d pref.
RvaiutUIo a Terr*
134" 136' UtMkt Horttaem.pretBanu. j.,
9959
97% 98% nUnOlaCMntrai
10
9
10 Iowa Oeatral
32
S3
82%
Do
pref.
23% •22% 23 Lake Erie A Weatem
75% 74
74%
Do
pref.

105

103

ao

81.

ai«ve. Clnoln. Ohio.

84

7

25% 26
89
56% 89%
36
36% ••1^'^ 86% 36
86
86
•88
•85
89
89
89
111
,109% 110
J09% 111%
111

280

18>«

f

14><

50 >«
37

78

2&>i

J-"i

A Bt. L. ..
Do
pr»f.
'2»% Oolambiu HoektnK Val. A ToL
73
Do
pref
131
Dotaware A Bndinn
151% Dolawars Lackawanna A Wsat
15% UoDTer A RIO Grand*
..,
81
Do
prsf.
8% BBStTennciioe Va. AOa....,

*35

lO.T

57'8

prof

touj
105!

•

59

80%

4%
35

2K
26 >«
140
133 139 >« laSS 139H 136 138%
106 10^
107
107 If 106% 106%
16
•ICs 17
I8-9
17% 19
18
18
46 1« 48
46
46 >4
47>s 491,
487s 43'i<
26

261$

134

Do

'

143

86

130% 131%

18214
1041, 104 <«
701, 70 V
241,. 2«"s
-25>g 261s

*Kut«iT UIMom...

147
135

1S5

10% 10%

UtataBKO

Do
prof.
82% H3% ahlMMtoBock I,Uni1APi<-lfli%
47% CM«u» 81 rani Minn. A Om.
•118 1'20
Do
pref.

60

ft

yn^ ?t

%Ji
Jaa. 38

47

ei'^

3%
7%

4%
83

i%ia«. 19

a4 % Mar.

1 :.

ita

'

100

142

120

88''9

'%iati. •
% Mar. 13

'

M
S4% hspi.

^- **»»
il%,A«i]i*.lil

_

84%

r
71
••

111%

'.I

75'H 77% 0lileM0iniwkakMA8t.P»nli
120% 13U%
Do
vnt.
112% 1)1% 111% ObMaffoASoMkwMMni ..•.

48% 49

UOialSO'e 131
104

104

7019
24>«

4%
33

r31>« .40

1SU«> 13114

104

71^

62>«

99% 100%

91, 10
•31»9 40

103
•2-1

3i»

145
134>« 134>< 134

• •••<

1

Sli>«

•28

8&

)47'«

7o

.

4»«

•7

•22 !«

71-4

BI-9

>«

11

147
132
101
•31

61»8

K2>4
\

4
•27
•7

au%

82-'s

»4''fl

48% 49

llnl
' <-•

M»T
M%
4 »:
M%

*•

94
94%
20
29
28% 28% 29 V| 80% 29% 30
88%
74
74>1
•78
74
74
•73
74
74% 78
132 "a 183
182 132
132 183
131% 183
139%
l.'S2>i 152%
182 leeon 152 IBiV 161% 163% 149%
15% 1&\ •J 5% iaJi4 •15% 16% 16
la
15%

71

•18l8

.'jj

(iU>4

.

8,8871

1

97% 98 '4
-U7% 68%

•.IV

112>«112^l

4»7

l%Jan. 18

•87

'4

I

H9,3<N)

88% 85%

27%
ei\ 01%

14&

lll««ka.

83 'i AMklwmTnii. ik H>iit» r*.
4% AOantle * ^s^lSo
^
94 IWUniore.t Ohio
80 CanxlUii rkcina

•80

2'.'i,
1

"43\ •40
143

S3>«

&S>< 86%
125>« 12(1

22^ 22 a*

RR.

IMaT

I,

U>»Ml

•hi

A<>llv«

JAS.

*mafH MiMlatan.

•( Ik*

•T0CK8.
iMc. rt.

1ft.

9om •89^ 80%

KS^ Be\

B«
127
33

!•;>

:.UIl

DaOMMBMB f^mmi M»m

mtdimt

TbuNtejr,
UiV. IJ.

10.

•4\

71
•ISB
18l"4

m*k

Am I/OWBCT PU(

8«tunlftT,
1>. ,.

fow

1021

'

•

»7-

'

96%

98«»>

99%

{.exR

These are the prie«» bid and iwk.Ml

95* 9ev* 94%' m\'
no wile

m tde.

5

Price" from

.^rAPh
ii

'tli

Kxsban

(••".

i

Hi (llvideml

.

... 10:...
i

Ia*w

v.. I*

m JuiUeu.i.

F
J

THE CHRONICLE

1022

34%

353e

*3'8

4>4

& Ohio r^aWJ.lOO 9414 95
100 *132i«

"

"
preferred
100
Baltimore Tnxc'n.fPhU.)

Monday,

Tuesday,

Wednesday,

Dec. 12.

Deo. 13.

Dec. 14.

34>4

34

34

34''8

414

41«

S's
*

347=

*132is

34%

•4

414

95I4

•

951a

Thursday,
Dec. 15.

414

4%

*

95I4

•

'94

28%

.

im

ntKcellaneonii siucHs.

Xl07i4l0838 1071a 107''8 107^8 10838 10778 109% 107%
99% 99% 99%
xlOO 100
991s 100
991s 100
'•
207 208
208 2081a 208% 210% 209
100 207 207
«eU Telephone ..
34
34
33%
"
3416 3438
Bost. A Montana
25
341s 341s
341a 3tis
Ills 11%
"
Ills li°e
11=8 11=8
11% 11% 11%
Batte A Boston..
25
"
295 295 •290 295 •290 295 •290
OalnmetAHecla
25 295 295
•
73
74 •
Canton Co
(Ball.J.lOO
59'^
59 14 5938 59% 59%
"
59%
Consolidated Gas
100 59
591s 59%
•49
49%
Brie Telephone C£o»ton;. 100
50
50
50% 5018 501s 49% 50
II3I4II314 113 11338 114 115% 11338
General Electric. "
100 113 113
"
116
116 116
Prsferred
100 115 115
116 116 •115 116
*15i«
•15%
15ie *15i6
I^mson Store Ser. "
15
15
60 15
Iiehl'h CoalANav 'PhU.j
50 531s 53%
53% 53% 531a 531s 53% 53% 53%
•58
*58
59
M.Eng. Telephone r/SosCnjlC
59
59
58
59
59
59
1138 1138 •11
Worth American (Phil,) ICO
11% 11%
WestEndLand.. (Bost'n).... *17is 18
17% 17% 17%
171a 1758 •I714 17%
• Bid and anked pncefl; no sale was made.
Bid.

Inactive Stocks.

Ask.

AOanta A Charlotte

88

50
50
58
8d preferred
50
57
ventral Ohio
{Ball.). 50
55
"
«3harl. Col. A Augusta
100
Connecticut A Pass. (Boston). 100 122
"
Oonnecticut River...
100 312
f>"lawareABound Br.(P/iiia.).100
Flint APere Marq... (Boston). 100
•'
Prefened
100
Htr.l'orts.Mt.Joy*!-. {Phtla.). 50
81
Kan. C'y Ft. 8.AMeni.(7Jo»to/»i.l00
Preferred
"
100
"
"
"

let preferred

K. City

Mem. AUirm.

lattle Schuylkill
A lyHw..

Maaohester

Mary land Central
Mine Hill A 8. Uaveu
Ne^qiiehouingVal

1

V3

50
50
50

{Halt.)
ipftito.).

54

84%
M-,

A

W.

50
(Boston). 100
Preterreu,...,
100
AaaDuard d; Koanoke. (Ball.) lou
'•
l9t preferred
100
West End
.(Boston). 50
70%
"
Preferred
50
ir4%
West Jersey
(Phila.i. 50
"
West Jersey A Atlan.
50
Western Maryland..
{Bait.). 50
14
"
Wllm. Col. & Augusta
100
"
Wllmingt'DAWeldon
100
Wisconsin Central... (Boston). 100 "14%
"
Preferred
100
"
Worc'sl.Nash.ARoch.
100
MISCELIJUJKOnS.
AUonez Mining
(Boston). 25
Atlantic Mining
"
25
9%
City Passenger ER... (Ba«.). 25
87
Bay State Gas
[Boston). 50
Beaton Land
"
10
5%
Centennial Mining...
"
10
7%
Fort Wayne EiectricU
"
25
lii'e
Franklin Wiuiug
"
25
14
S^enchm'usBayL'nd
"
6
4%
Haron MiiiiLg
"
25
I.Unuis Steilll
•
100
liearsarge Wlnincr
"
25
11%
Morris Canal ciiar. 4. (P/;i/a.).100
Prelerred f;uar. 10"
100 200
CeoBOla Mining
(Boston). 25
35%
rnlluian Palace Car..
"
100 1S7
Qmncy Mining
"
25 144
Tamarack Mini"?...
"
26 160
"
Thom.Europ.E.WeldU
100
N.

XJuitecl <;»w In-pt.

1 QaUsted.

t

125
320

Hoxton) .100

iiie...ri;osto>i;.100

I

And aoe. ned

18

1734

13

4>i

0758
7578

47
98

.

63%

Inter i>

^

70%
80
62

18
'1514

..,

81%
41
56

56

56

5758

87% 57%

2,241

139% 137% 138%
11
1058 10%
43% 42% 4338

10
3,675
2,675
9,105

54%

95

95

160

•70% 71%
1638 16%
54

28
2,480
20,885

230

5438

6,356

27I16

70,993
3,002

33
275,,

26%

106% 103% 104
7

•6

7

10

39% 37
38% 18,577
233% 232%2&2'si
39
6°e

658

Bonds.— PhiladeMhia

MAN

Atlantic City Ist 5s, g., 1919,
'Belvidere Del., 1st, 6s. .1902, JAD
[Catawissa, M., 7s
1900, FAA
Clearfield A Jeff., Ist, 68.1927, JAJ
Connecting. 68
1900-04, MAS

Jan. i
579 Jan.
S
Jan. e 100% Mar. 15
Jan. 12 135
Feb. 16
116 Jan. 18 123 June 15
17% Jan. 8 30% Nov. 1
199 Jan. 8 209 Mar. 9
173 Jan. 5 186 Nov. 29
159 Jan. 2t- 185% Oct. 17
15% Sept. 17 19% Oct. 27
33 Jan. 2 48 Oct, 27
9538 Sept. 15 11058 Jan. 28
75% Apr. 2 84% Auk. 1
43% Nov. 21 55 Mar. 31
5 Nov. 17
8
Feb. 12
16 Dec. 16 23 Jan. 4
80 Sept. 12 92 May IS
25% Jan. 27 42 Nov. 21
46% Jan. 21 57% Nov. 25
50% .Tan. 13 62% Feb. 11
112 Mar. 14 137% May 17
83% Jan. 18,150 8ept.30
10% Dec. 6 2438 Jan. 4
31 Aug. 25 58% Mar. 3
75 May 4 114% Jan. 9
63 July 13 71 Dec. 14
163eDee. 16 26% Jan. 5
47% Sept. 21 72% Jan. 8
164% Jan. 5 187 May 11
53 Nov. 9 5738 Jan. 2
31 Sppt. 20 40% Mar. 3
193,e Jan. 19i .34% Feb. 11
71 Jan IS 108 Dec. 12
5
Mar. 29
7 Feb. 1J>
36 Dec. 2 50% Jan. 4
x223%Mar24 233 Dec. 8
658 Dec. 13 1038 Feb. lb

658

726

106% 107% 24.392 78»eJan. 18 115»e Aug. 25
99% 99
99% 1,&6S 90% Jan. 18 107% Aug. 19
210
209 209%
714 192 Mar. 29 210% Dec 14
34
3333 33%
2,305 30 Sept. 22 4378 May 28
11% 11% 11%
53C
7 July 20 17% Jan. 5
295
290% 295
45 253 Feb. 5 300 Aug. 15
'72
73
••..
60% Jan. 4 73 Aug. 23
59% 58% 5878
765 43 Jan. 5 63% Nov. 7
49% 49
49% 1,13C 43% Jan. 2 52 Not. 25
11518 112% 11358
4.392 104% July 7 11978 Oct 7
116
115% 116
47 115 Dec. 10 120 Aug. 10
...
•15%
75 14% Feb. b 21 May IS
53% 53% 53%
505 48% Jan. 19 55% Feb.
'58
59
2 62
59%
71 50% Feb.
Oct.
3
11% 107a 11
500 1078 Dec. 16 18% Jan. 3
17% 17% 17% 1,225 16% Jan. 29 20% May 10

U

Ask

Bid.

Bonds.

N. Y. Canal, 78... 1906, JAD 124
ConsoLSs
1939, AAO 111
Perkiomeu, Ist ser., 5s. 1918,
lo4 104%
Puila. A Erie gen. M. 5g.,1920, AAO
115
(Jen. mort., 4 g
1920, AAO 101
Phlia A Read, new 4 g., 1958. JAJ
85% 85%
1st pret. income, 5 g, 1958, Feb 1
74% 75
2d pref. income, 5 g, 1958, Feb. 1
68
3d pref. income, 5 g, 1958, Feb. 1
103%
104
2d, 78
AAO
1893,
Consoi. mort. 7s
1911, JAD 127%
Consoi. mort. 6 5
1911, JAD
ImprovemeutM.6g., 1897, AAO 106

2I1

Pa.

A

121
ioi'

40
122
9:^%

111%

A

St. L., 78.

Consoi. 6

Consoi. 5e,r
Ciliat. Tr. 4% g

1919, Var
1913. .I<tD

1897,

General mort. 4%8, g-1924,0—

li% Lehigh VaUey,

let 6s. . .1898,

2d 78

North Penn. 1st, 78
1896, MAN 109%i....
Gen. M. 78
....
1903, JAJ 128
Pennsylvania gen. Us, r..l910, Var 129% ....
CJonsol. 6s, c
1905, Var

Iiast

pnoe tiu« wMk,

111%

104

75% 76
52
34

53

34%
100

...1900,

Bonds.— Baltimore.

Atlanta ACharl., 1st 78, 1907, JfeJ
Income 68
1900, .iAO
Baltimore A Ohio4g., 1935, AAO
Pitts. A Conn., 5 g...l925, FAA
Staten Island, 2d, 5 g.l926, JAJ
Bal.AOhio S. W.,l9t,4%g.l990, JAJ
CapeF. A Yad.,Ser.A.,6g.lU 16, JAt)
Series B., 6 g
1916, JAD
Series C, 6 g
1916, JAD
1930, MAS
Cent. Ohio, 4% g
Charl. Col.AAug. 1st 7s. 1895, JAJ
Ga. Car. A Nor. 1st 5 g..l929, JAJ
North. Cent. 68
1900, JAJ
6s
1904, JAJ
Series A, 58
..1926, JAJ
4%s
1925, AAO
Piedm.ACum.,lst, 5g.l911, FAA
110%
104 1104% Pitts. A Conneiis. 1st 78. 1898, JAJ

JAD 109
102% 10278
JAD 110
1910, MA8 134% 135
1923, JAD 127 I....

6s, gold

I

FAA 116
Po'keepsie Bridge, 6 g.l936, FAA
108%
6chuyl.R.E.8i<le.lst5g.l935, JAD 108
Steuben. AInd.,lstm.,58. 1914, JAJ 107
United N. J., 6 g
....•
1894, AAO 102
Warren A Frank., lst,,78,1896,FAA 106%
Pitts. C.

112
118
119
116
AB'dBr'k,lst, 78.1903,FAA 127

2d

Highest.

46%

10878

AAm. l8lM.,5a. 1920, MAN
7%
110%
13% Elmir. A Wilm., 1st, 6a. 1910, JAJ. 119
14% Hunt. ABr'dTop,Con.5s.'95,AAO 101%
Lehigh Nav. 4%8
5
109%
1914, Q—

36

50
79
266
338

48% 47% 4838
179% 179% 180

|Del.
E<i.8ton

198
146
157
10

570

6
16
85

97
72
17

21
37a Doc. 8

1936, iAO
1925, AAO
1923, JAD
Mexican Central, 4 e... 1911, JAJ
63
1st consol.incomeit. 3 g, non-cum.
v:2% 23%
2d consoi. incomes, 3s, non-cum.
11
N. Y. A N.Eng,, 1st, 78, 1905, JAJ
121
l8t mort. 68
1905, JAJ 5109%
1902, FAA n03
2d mort. 6s
104
Ogden. A L. C, Cou.6a.l920,A&Oi it..
Inc. 68
_192(5
RuUand, 1st, 68
1902, MAN
2d, 58
1898, FAA

2m., 5—6 g
Mar. H. A (Jul., 6s
Exten. 6s

Allegheny Val.,7 3 10s, 1890, JAJ

100
9%

1,543

18,460
20,300

100
•5

1933, AAO
Unstamped Ist, 68
K.C.C.ASpring.,lst,5g..l925,AAO
75
K O. F. 8. A M. con. 6fl, 1928, MAN ilOO

Louis., Ev.ASt.L..l8t,6g.l9J6,A&0

vl

2.065

40
33
900

77%

16

May

••
50 32
33
tr. ree.H
Q—
Bonds— Boston. „ ,.,
At.Top.A8.F.100-yr.4g.,1989, JAJ
81% 81%
100-year income 5 g., 1989.Sept.
Burl. A Mo. River Exempt 6s, JAJ
Non-exempt 6s
1918, JAJ 106%
1910, JAJ
Plain 48
Caic. Burl. A Nor. l8t5,1926, AAO (103%'.
JAD
103%
mort.
6s
1918,
2d
100
Debenture 6s
1890, JAD
FAA
Buri.A
Qulncy
49
..1922,
92%
Chic.
1919, AAO
94
Iowa Division 48
JAD
96
Con.M.,5 g.,9tamped,1922,MAN
Chlc.A W.Mich, gen. 58, 1921,
Phil. Read. &N. E. 48
1942
Consoi. of Vermont, 58.1913, JAJ
Incomes, series A
1932
Current Elver, 1st, 58..1927, AAO
Incomes, series B
Det. Lans. ANor'n .M. 78.1907, JAJ
1952
121% Phil. Wilm. A Bait., 48.1917, AAO
Eastern 1st mort. 6 g., 1906, MAS

"V.^U K.C. Mem. A Bir.,l8t,58,1927, MAS
54% K.C. St. Jo. AC. B., 78. .1907, JAJ
L. Rock A Ft. 8., 1st, 79. .1905, JAJ

{Pliila.i

(Phil.)..

(Boston). 100

2-38

98%
78%

Lowest.
3239

84
130

....

28%

47

Bree.Elk.AM.V.,l8t,6s.l933,AAO

100
iPhilo.). 50

"

U

8

'•

JTorcberL N.
iBostoJij.lOO
North Peuusyiviinia. U'hUu.). 50

Oregon SLun
P'nnsyKania
Butlaod

27

93

203%

Westing. El.

{Bait.). 100

A Providence (Boston). 100 25"
Camden A Atantlc pf. (Phila.). 50
Boston

Oatawissa

94

48

Bid.

Inactive stocks.

Water Power

Pricet of Dec. 16.

*

33% 75,066
C06
4%

182% 182 lfi2
176
174% 175

.

Am.8ag'rRefln.1I (Boston)
"
Preferred

Shares.

16.

3338

•130
•120

•1321a

2878

im

Deo

95

2878
28% 28^8 2858
'ia-'a
29
•203%
•2031s
tfOBtun <fe Albany Jiostottj 100 20538 2051* X20314203I4 •20314
182i« 182%
*
182=11
1821a
1821s
"
1821s
100
Boston & Lowell
1821s 1821a
172 1721s 173 176
1751a 176i» 176
"
100 172 173
Boston * Maine
19
18
17
181a 181s
"
100 •le^ 17i» •16^8 171s
Central of Mass.
47
47
4714 •45
45
45
45
"
100 •4438 46
Preferred
99»8
9879
99
97=8
9838
9918
9914
9908
"
991s
14
lOO
OMcBnr.&Qnln.
78I4 7314
78I3 78'e
7738
78<>g
78
79>4
79
Ohio. Mil. & St. P. (PhU.).lOO
*44
49
48
48
48>» 48i« •471s 481a •
Ohio. &W.Micli.r-Bo»ton;.100
•5
•5
•5
*5
-5
51a
"
6
100
Oleve. & Canton
•17
17
*17
-17
"
100 17
Preferred....
85I4 851s •
SSI*
85
"
851s
100 85>a 851s
ritohbarK pref.
•46%
41
40% 40% 41
"401a 41
ilnnt. &BT.1op.(Phila ). 50 40i«
*55''8 56'«
*55''8
56
58
56
56
"
50 56
Preferred
5314
X5758
575?
57%
581s
"
50 5S38 5S>s 5838 581s
Lehigh Valley
•
124 124
125
Maine Central (Bostonl.lOO 125 125
133
ISeia 1361s 137 137% 138 139
136 136
Metropolitan Trac.rPAiJ^
III4
10%
11
11
11
11^ 11
Mexican Cent' r..Bosfa»»;. 100
4 253
43 14 42% 43I4 421a 4314 42% 43^1
••
100 43
Y. AN. Eng.
•95
96
95
95
"
95
Preferred....
100 95
•941s 96% *
•70
71
70
70
70 •
Horthem Central rBaJ<.;. 50 69% 69% *
1718 1718
17
1714 17%
17
17
17
I714
northern Paoiflo (I'hUa.j.lOO
48 14 4878 481s 48%
48
48=8 5018
Preferred
"
100 49 '8 50 1«
179%
180
178 180
1801s 180 180 *
Old Colony.... (BostonJ.lOO *
5414 5438
54% 5138 54I8 54% 5414 541s 54%
Pennsylvania.. fPhUa.J. 50
-32
•3214 3314 •3214
•3214
"
50 •321s
PhUadel. & Erie.
"
2711 16 23
PHIla. A Reading
50 27iBie 28
27',R 2711,,. 271,8 27i« 271,6
104% 105
107 1071s 105
107 10714 107 14 108
Philadelphia Trac. "
•6
•6
•6
61*
7
61*
6
6
Oammit Branch ( Boston} 50 •6
3919
3914 39'38%
38
38% 38
"
100 37% 38ie
Onion Pacific
233 233% •232%
233 233 •2321?
United Co8.ofN.J.rPAi«a.n00 *232i«
658
6^8
6=8
WfwtemN.y.APaCPAUa.MOO *
6% 6%
7
•6H 0%

28% 29

Week,

Friday,

34%

33!>8

2c1

t

Bange of sales In 1892,

of the

Baturdav,
Dec. 10.

Atjh. T. A 8. Fe (BostonJ.lOO
"
100
Atlantic & Pac.
let preferred

[Vol. LV.

BOSTON, PHILADELPHIA AND BALTIHOBE STOCK flXCHANSES.
Sales
t^" Share Prices — not Per Gentam Prices.

Active Stocks.
^ Erdlcat69 anllBted

Baltimore

JJ

Virginia Mid., Ist 68.. .1906, MAS
1911 MAS
2d Series, 6s
1916, MAS
3d Series, 6a
192 1, MAS
4th Series, 3-4-5a
5th Series, 5s
1926, MAS
West Va. C. A P. Ist, 6 g. 1911, JAJ
Weft'L N.C. Consoi. 6 g.l914, JAJ
WUm. Col. A Aug., 68.. 1910, JAD

118% 119
100
112

108
89
89
89
103
101

101%
112%
110
92
91

90%
104%

100% 101
115 115%
117
112
i'l4% ii's"
113 114
112 113

105% 106%
99
108

99%
108%
117%

MISCKLLANKOUS.
Baltimore— City Uall6s. 1900, Q—

......
1900, U—
Funding 6a
West Maryi'd RR. 6a. .1902, JAJ
1916, MAN 122%
Water 03
Funding 5a
1916, MAN
1930, JAJ 10J% 100%
Exchange 313a
73% 75
Virginia (State) 38, vew. 1932, JAJ
1900, JAD 107
Chesapeake Oaa, 69

Consoi. Oaa, 6s
5p
P11 itahle a»' «»

1910, JAD
1939, JAJ

l«f

A.<rO

liri% 116
102 1103

no HI

F

DKCBMBaW

17.

4

.

'

.

THK CHRONK^LF.

lH9a.]

1023

NEW TOKK STOCK EX0HAN9K PRICKS (CMttaMdW-UOrrW BOSDS
MLBOAD Aim MMom. BOHM. Mjywi

•,

DKO.

AITD

fOM TKAM

1

'

iv*e«

Amer. Cotton OH, il«b., 8 g.l900 '»T*' 112>4 107 1« Jan. Ill%Jun«
AtTor.AH.K.-10Oyr..4g.l988J * J 83>«b. 81% Feb. 85«t June
58 Nov.
Sd •.'Hi-4«, «.. I'l, "A". ...1069 A * O e8>«
)3>t l>co.
n4%
1989 Sept.
100-y«ariuuoui«,!kir
58 May
66% Jan.
70
74 Jan.
67 July
Atl. * I'ao.— Guar. « K....l9a7
10\
1910
10 Aug.
14% Jan.
W.l). Ino., 6«
Jan. 180% Hept
Brookl'ii Klevat'd lBt,6.K.19a4 A * O 117 b. Ill
103 >« Jan. 110 June
Oau. South.— Itl guar., 5i 19UH J A J 100^
1913 U A 8 10-i
100 Mar. 104V« Feb.
8rt,S»
70 a. 67 Sept. 85 Feb.
OenU(l».— B *W.l«toon.5«,'29
lis Jan. lt» June
Oontral of N. J.— Cod*., 71.1899 Q-J 11S>«
N 131 B. 110 Nov. 133% Mar.
1902
Oomol., 7«
Oeueral RiurtKaxei ^S'-l^S' J * J 111% 109% Jan. lt« June
108% Doc 114 June
Leh.A W.H., con. ,7«,atf<l. 1900 Q-M 109
N
1913
94 Jan. 103 Aug.
do. iiiurlKiijce, 5*
J
A
J
1931
10&% Jan. 111 June
Am. I>ock ^ Ia>p.,&s
Central I'uolllo— aom,e«..1898 J A J 111 b. 109 Sept. US Juno
Feb
Obea. .VOUlo— Mort.,6 g..l911 A A U ll&Vib lU%Apr. 119
N 101 <4b. 101 Deo. 107 Apr.
1939
l*toun801.,6 g
1998
80 >4
0*n. *>«»,(£
78% Oct 84% Hay

A
A
A
MMk.Ch.Aat.L.-lal,7a.l9IIJ A
1931 A A .,
Ooa^ftC
.T.Chatnl-Kxt«Bd.,5«.180i'M A H
1»03'J A J
lat,ooaooa,7a
I<H>^
D«bM,,ft«.«Oap., 1884. .1904 M A
llu%
W. tTA aanMn-78,re« 1900 M A
% An
0|I13
R. W. A Ogd.-Con., ft*. 1922 A A
..i%/^
AS*.
If Y. Chlo. A St U-Hl (.. 1037 A
O »7% 96 Jan.
M*
1906
Ill July IIS%^
ir.T.KIeTat«Ml-7a
* J 113
A 124
18A Jan. 130
K.Y.Laok. AW.-Ut,6«..103t
193S r A All 12
10« Aug. J14 Oofc
Oonitnietloo.fta
MA
184% Mar. iia%Aa«.
II.Y.UB.AW.-ltt,oon.,7|.1930 M A si 137
189S J A DIIOl
IO«%Mar
Look Do«k.7(
1989 A A 0I133
133% Aa«
OonMU,ac
1069 J A D'lOl
109% Mar
ad son*oL.a g
HA
84% Jlor.
N. Y. O. A W.-Kct. 4«, (. .1902 M A 8 »a\
MAS
100 Jan. lOSH Mar
1939 J A O 106%
Oonaol. Istftg
79>9bc .78 Jan.
108 Jan. 107% Nor.
B.&A.I)lT.,latooD.,2-4K.1989 J A
84% Nov. M.Y.Bua.AW.-latnif., 5 (.1937 J A J
80 a. 7fi%Jan.
tl5%Oat 119 Mar
do 2d con., 4 K... 1989 J A
80% June
Midland ot M. J., 6 g.... 1910 A A O
121 n 121% Jan. 136 Juue
Ohio. Rnrl. & Q.— Con., 7i. 1903 J A
88 Apr. I03%fl«p|.
Horf. A Soath.-l*t, ...1041 M A M
i^b.
MA
101
1913
105%
03
I
aa% May
X>ebentiire,5B
100 Nov.
Apr.
01 Dec
NorC. A W.-lOO-yaar, S g.lOOO J A J
105 >4b, lOS Oct. 114 Jan.
1903 M A
ConvorlUilf 59
00% Aog. aft JaL
Md.AWaab. Dlr.-lat.S g-l»4l J A J 93
F
A
86>«b.
1922
118%
Jan.
iia
Denver 1>1vIb1od,4s
15
91% Feb. 9t>8Nov. Rortb.rao.— lat, oonp-,6(. 1931 J A J
Joaa
in%o<it n6%iur.
Nebraska KxtenslOD,4s.l927 MAN 84 b. 85% Deo. 91% Apr.
Ooneral, 2d, ooap., 6 g..l988 A A o;
Ohio. & K. m.— Iat,8.t.,6s.l907 J A D 112 b. 113% Jan. 118% May
Oonaral, 8d. ooup., 6 g.-igs? J A D IOfl%t>, 10e%Jal)r 111 Apr.
1934 AA O 120 b. 119 Oct. 123% July
69
1089 J A
ea D««. ao%Jaa.
Con»ol.,6g
Conaol. mort,ftg
74 Ool.
83 Feb.
eeneral oourol. let, 5».. 1937 MAM 99 >
97 Jan. 104 Apr.
Cbio. A N.P.-lat, 5 g...l040 A A O 74
80%D««. >S Feb.
Ohloai;oJicKrle-let,4-& g.l982 MA N 101>«b. 97 % Jan.' 104% Apr.
Rortb. Pao. A Hon. —«g... 1988 H A a 88
1982 Oofb'r 41>a
104 Oet. 108% Apr.
Xnoome.&s
40% Deo. 53% Feb. North. Pao. Ter. C0.-6 g. 1»3S J A J
Ill
Jan. n»%jBM
Ohio. Oaa L. AC— 1st, 5 g. 1937 J A J
86 Jan. 04% June OhIoAMIaa.— Cona.a.t.,7*. 1898 J A J 112
A 130 b, 12S%Jan. 133% June
Ohlo.Mll.&Bt.P.— Con.7«.1905
1898 J A J 112 b. 110 Mar. 115 JOM
ConsoL, 7a
A I15>« 112% Jan. 116% Apr. Ohio Soothem— lets g...l93l J A D 106% lOa Jan. 113 Not.
let, Southwest DW., 68.1909
A 117
1931 MAM 64
60 Nor. e«''aMar.
let.Bo. Mln. lJlv.,68....1910
General mort, 4 g
113% Jan. 118 June
A 110 b 100 Jan. 111 Juue Omaha A St Loula—4 g 1 937 J A J 63 %b. 83% Apr. 8« Jolf
Ist.Ch.&Pao.W.Dlv., 58.1921
A
104
Dlv.,
58.
1926
106
103
ag%Jaoo 104% Nor.
June Oregon Imp. Co. -lat,6K.1910 J A O
CUlo. & Mo. Rlv.
100% Jan.
A
1939 A A O 63%a. 03% Deo.
7l%Jaa.
Wis. A Minn. Dlv., 5 g..l921
103 Jan. 108 Mny
Conaol., 5 g
A
110<%b.
107
a.
1914
A J
100% Jan. 112 JOM
Terminal, 5 g
Ore.R.ANa7 Co.— I8t,ag.l909
103 Jan 108% Aug
A
1935
AD
86 Dm.
Geu. M., 4 g., series A.. .1989
ConsoL.Sg
86% Jan. 92% June
A
1931
10ft <% Jan.
M11.4: Nor.— 1st, con., 68.1913
A J 108
111% Jan. 117 Aug. Pa. Co.—4% g., coupon
101% Sept no Fob.
A J 103
Ohlo.AN.W.— Cou80l.,78..19l5 «i-r 13e>ib. 136 Not. 142 Apr.
Peo. Deo. A Evanav.- 6 g.. 1920
J
A
D
100
1902
121
b.
too Apr. loe Jan.
Coupon, K0lil,7«
EvaUBVlUe DlT., 6g....l920 HAS
131% Dec. 127% May
1926 M AH 67
83% Nor. 71% Mar.
1929 A A
Sinking fund, 6s
2d mort.Sg
114%8epu 120 Mar.
A
A
108
83%
1929
>sb. 105% May Ill
June PhUa. A Read.— Gen., 4 g. 1958 J A J
83% Jan. 90%Ja>a
Bluklug tuud,5s
74%
69% Feb. 79% Aa«.
1958 Feb.
Sinking lund debeu.,Ss.l933 MA
105 Apr. 109 Ang.
lat pref. Income, g
MA
1958
Fab.
68%
53% Feb. 72% Jo*
103% May 107 Mar.
2d pref. Income, 5 g
S5-fear debenture,!)... 1909
67 Feb.
87 Jan.
59%
1926 F A
1958 Feb.
Extension, 4s
3d pret. Income, 5 g
96 Jan. 100% Jan.
M
J
%b.
A
82
J
A
80% Jan. 86% Jnn*
99 a. 96 Mar 101 Apr.
Pittsburg A Weatem— 4 g.l917
Ohio. Pec. & 8t. Louis— 5 k. 1928
A
Ohio. R.I. AFao.— 68, coup. 1917
121 Jan. 126% June Klob ADanv.- Con.,eg..l915 J AJI 102%b llu3%Dcc 113 Jan.
85 Fab.
10214
99''8 Sept. 104% May
1936 A A O 69 %a. 70% Not.
Conaol., 5 k.
£xteu8iou and cot. ,58. ..1934 J A
71 Deo. 100 Fab.
1931 MAS 95°8b. 94% Sept 98% Feb.
Rioh.AW.P.Ter.-Truat6g. 1897 F A A 74
80-year debeut. 5s
73%
TAD
MAS
44
June
19
41%
Feb.
&0.—
119
May
coL
5
68....1930
b.
truat g.
Chic. 8t. P. M.
Con. tat A
19% Dec. 124%
A J 93
95% Juue Rio O. Weatern— let 4 g..l93U J A J 79 b, 76% Jan. 83 jun
Cleveland ACttUtou— 5.. .1917
88 Jan.
100
Nov.
MAN
93%b.
93
A
D
Mar
135^8
May
Or.
laland—
6g..l925
St Jo. A
0. C. C. & I.— Consol., 7 g.l914
128% Jan.
106 b. 105 Sept 108% Jan.
1934 J A J
General consol., 6 g
118% Jan. "23% Nov. StL. Alt AT. H.— I8t78.189'< J
38.'97
10^%
A
103
a.
101
Oct
A
A
F
Nor.
O
Feb.
Mt
Ist
ezt
77%
A Iron
aC.C.&St.L.- Peo.iK.48.1940
77% Dec. 83
St
loft's Not. 100% Fab.
1897 MA
..1990 AprU,
Income, 48
26 June 34% Feb.
2d,7g
109
A
105%B.
103
Dec.
CA
A
J
Mar.
1900
ATexa8,7g..l897
104 b. 99 May 104% Nor.
CalroArk.
OoL Coal A Iron— 6 g
82% Oct. 86% Mar.
84%
74 Jan.
Gen. R'y A land gr.,ftg..l931 A A
61 Deo.
001. Midland-Con., 4 g...l940 F A
lift
b.
Nor.
M
MA
110
110%
g.,Cl.B.1906
Apr.
A
92
July
Fr.-6
Ool.H.Val..VTol.-Con.,5g.l931
StU ASan
87% Jan. 98
110 b. 110% Nov. lift Apr.
95 •
1906 MA
1904 J A
General, 6g
93 Jan. 105 May
6 g.,Clasa
111 a. 106% Jan. Ill jona
1931 J A
Apr.
I16>«b, U53eMay 119
General mort, eg
Denver & Klo G.— 1st, 7 g. 1900 MA
84% Dee. 72%j,n.
1936 J A
86%
77% Jan. 37 Dec, 8tL.So.West— 1st 48, g.. 1989 MAN 65
lBtoon80l..4g
J
A
269*
g.,luoome
1989
J
25% Deo. 87% Jan.
A
Feb.
66 b. 60 Oct.
80
2d,48,
Det.B. City* Alpena— 6g. 1913
116 b. 116% Nor. 119% Aug.
40
8.P.M.AM.— Dak. Ex., 6 g. 1910 MA
Det.Mac.&M.— L'dgranU.1911 A A
443a Oct
36 Apr.
A
122
b.
Jan. 123%juna
J
118%
1933
let conaol., 6 g
Dal. 8o. 8h. & AO.— 5g....l937 J A
95 Mar. 105 May
A 103
reduced to 4% g...
97 Jan. 103 Apr.
do
92
90 Mar. 100 Feb.
S.Tenn.V <&0.— Con.,5g.l956 M A
93 Nor.
A
87
b.
Jan.
87%
MontanaExten8ion,4
g.l937
102
KnoxviUe A Ohio, 6 g...l925 J A
96% June H>8 Jan.
75
A
71%a. 65 Apr
A 8 97%
8anA.AArau.P.— lat6g.l91U
Ellx. Lex. &Uig8an.-S g.l902
81 Mar. 100 Aug.
73 ^'
A
71
61
Jan.
1926
Dec
A D 98
late g
98 Dec. 105 May
Ft. W. A Denv. City- 6 g. 1921
A
88
85% Dec. 97 Joly
99 Oct
Seattle L.B.AE.— Ist.gu. 6 1931
9598 May
eaLH.ASan An.-W.DW.l8t,5 g. MAN
108%
105
Mar.
103%
Sept
g..ezooap.l920
So.Car.— I8t6
Ban. A 8t. Jos.— Cons., 68.1911 MAS 116 b, 114 Sept 118«eFeb.
1909-10
A 103 b. 101 Feb. 107%Jana
Hous.&Ttx.C— Gen. 4s,K.1921 A A O 67 b 61% May 68% Sept So. Pao., Art*.- 6 g
A
111% Oct 116 Mar.
1952 A A U 100 >4b. 96% Jan. 102% Sept So. Pacific, Cal. -6 g.... 1905-12
UUnols Central— 4g
A O 93 b. gftagDeo. 102 Mar.
1938
iBt consol., gold. 5 g
106 Feb. 113 Oct
Illt.AGt.No.— l8t,6g.(I':x.)1919 MA N
J
N.M.-6g
A
106!^
101% Jan. 108%Jnsa
1911
73% July 82 Jan. So. Pacldc,
Conp.,6 g., tr.rec.8lmpd.l909 MAS
A O 93>B 89 Feb. 97 jona
1938 J A D
87% Deo. 96 Feb. Tenn.C. I. ARy.— Ten.D.,l8t,6g
Iowa Central— Ist, 5 g
A
J
91 Jan. too Joaa
Dlv.,
1917
6g
86 June
1987 J A J 84',
Blrm.
81 Jan.
Kentucky Central— 4 g
A D 78
76% July 85% Mar
3000
97% Feb. 102% June Tex. A Pao.— let 5 g
KlngsCo. El.— l6t.5 g....l925 J A J 100%
Maiob.
35 July 44% Mar.
27
Sg
2000
2d,lnoome,
85
1919 Q—
80 Mar. 85% Nov.
LaofedeGas- 1st, bg
96 Jnly 103 Nov.
1924 HAM 103%
A J 110>« 107% Jan. 114 June ToL A. A. A N. M.-6g
take Erie A West. -5 g. ...1937
J
Jan. 109% June
A
103%
Cent—
109
1935
J
5 g
Tol. A Ohio
120>sb. 119 Sept 124% Oct
I..8hore— Con.cp.,l8t,78.1900 J A
8i% June
77 Jan.
1917 J A J 81
1903 J A I 121
121 Dec. 126 May
Tol. Peo. A Weet—4g
Coneol. coup.,2d,7s
Nov. tot May
a—
D
84
A
89
Kan.
1916
J
6g..
113 Apr. 117 Aug.
Tol. StU A
Long Isl'd— let, con., 5 g..l931 Q-J 115
110% Jan. tl4%juna
1899-J A J 112
97% Aug. Onion Paolflo— 6 g
91 Jan.
General mortgiige, 4 g..l938 J A D 95
103% Sept 110% Fob.
1893 M A S
Blnklngfand. 8b
110% Oct 115 Feb.
LoQls. A Nash.- Cone., 7a.l898 A A O 111
1918 U AM 66%b. 64 Sept 74% Jan.
CoUattrast4%
1930 J A J
117% Jan. 122 Dec.
a.O. AMob. lst,6g
A
•«
93% Sept too Jan.
A
trust
1894
F
97
notes.
Gold 6s, col.
1930 J A J
108 Jan. 110% Apr.
2d, 6g
do.
Kan. Pao.-Den.Dir.-6g.l899|UA N lll%a. 108% Nor. 112 Sept.
1930 J A U 118 a. 115% Jan. 120 Nov.
eeneral.eg
Apr.
AN
b.
De<«. 114
107
107%
1919
M
let consol., 6 g
83% Oct
1940 J A J smb. 7B% Jan.
Dnlfled, 4g
OregonShortUne- 6g..l922 F A A 103%b. 101 Jane 108 Jan.
Ha8h.Fl.&Sh.— 1st gtd.5 g.'ST F A A 99 b. 98 Feb. 1 01 June
8S%FelK
O
73
Sept
A
73%b.
Or.S.L.AUVhN.-Con.5g.l919:A
Dec.
IXttUs. N.A. ACh.— 1st, 6a. 1910 J A J 114 b. 108''8 Jan. 114
O.P.Den.AGnlf eon. 5g.l939lJ A D 68%b. 68 Deo. 77% Jan.
99 Apr. 107% Dec.
1916 A A
Consol., 6 g
110 Jan. 117 Oct
1937 M A N 116
87% Jan. 100 Aug. Onion KlBTated- 6 g
94%
liOals. Bt. L. ATexas— 6g.l917 F A
76% Hay 83 Feb.
Hid.—Gen. m.,5a, 1936, H A N
June
Virginia
120%
Jan.
A
113%
118>a
Metro. Elevated— lat, 6 g. 1908 J
N
79 Nor. 87 Feb.
A
atamped guar. H
do
105% Jan. 110 Juue
1899 MA
Sd,68
Nor. 107 Apr.
AN
103
1939
H
103%
Apr.
Wabaah-latSg
124%
Dec.
a.
118%
MA
119
Uloh. Cent.— Ist.con., 7b. .1902
A
78% Sept 8ft Jaa.
80
1939. F A
8dmortgage,5g
106 b. 106 Nov. 108% Apr.
1902 MA
Consol., 5a
50 Jaa.
July
3ft
86%b.
1939
J
B
DebentU.,aerlea
July
128
b.
123
Jan.
M
125
A
MlLLakeSh. A W.-lBt,6g. 1921
236rj
103%b 101% Jan. 106%Jaa«
WeatShoro-Guar., 4a
1929 K A
107 >9 104% Mar. 110 July
Bxten. A Imp., 5 g
106 Map
Jan.
89
J
J
104%
Pa.-lBt,8g.l937
May
Y.
A
83
WeatN.
June
79
79%
1990 J A
M. K. A T.-lat 4s, g
O 31 b. 31 Dec. sft%ra&
1937 A
Sd mort., 8g., 580
45% July 54% Jan.
1990 F A
48>ii
Sd 48,g
100% Jan 10«%Jbm
J 106
Weat On.ToL-Col. ar.,S«.1938 J
Mo. Faolno— let, con., g.l920 MAN 109 b. 106% May 113 Oct
J 90%*. 80
1937 J
WU-Cent Oo.-lat, g
1906 MAN 114% 112% Jan. 117 Oct
»d,7B
Jasa 4S%XM.
30
b.! aa
1987'..
Jan.
Inoome,ftg
100
Nov.
r»e. of Mo.-lat, ei..4 g.l938 T A A 98>4b. 96
• Last prieo IbU week.
» Coapoa oC
SOTK— " b " Indicates price bid ; a " prloo (uktd ; the Bange Is made np from actual aalea only.
raootUo.-MatUa.fta.lt3i J
l(ll«t«AOIU»-lla«,0(..iri7|J
AWMral aMrtca«*,4a...l»aa M

I

.

B

.

.

'

.

1

I

I

I

I

ft

1

.

. .

—

imj&

I

I
1

I

ft

r

1

1

I

I

!<.

~

I

.

.

I

I

1

''s

I

I

ft

•'

NEW YORK
Bid.

SECURITIES.

JOabama- Claas

A, 4 to 5

Class B, 5s
Class C, 48

Cuirenoy fundinc 4»

1906 102
1906 104
1906 95
lUJO 93

STOCS.

York—68, bian

lOSTg New
North Can>lin«— 6», old
105

too
8

•lo. Non-Holford 150
3
Arkaraas Central KR
1914 103
Loutalnna—7s, cuns
97
Ptauipeil »«

190
8

79.

10-,

SECrRITIKS.

Ask.

3

Arkansas—68, hiud, IIol. 1 899-1900

EXCHANGE PBICES.-Sr^r£ BOUDS DECEMBZR f.

FnudltiLbi"

•

New

•i

Cbathni'
Special t!iN.

Rhode Island—"'^.
f<ollth<':l'nll'in— "•

'

Bid. lAak.

(cont)— Browncon*oL6«.1893i
l8»2-t8»«|
Tenne»»eo-68,old
IS'li
Comproml«*, 3-4-5-6«

B.C.

10
15

New

n

BCttlement, 84

94

101

62

l'

ft«

3a

102
127
> •"

BECUErriES.

Ask.

3

ConsoUdatod
6«

i02

Bid.

.1898 too
..JAJ
30

3%

i
1

Virginia—e». old
en. oonaolldated booda
6«, ooDKolUlatml, 3d «>rle«, r<
««. defprred fat reo't«. »ampc-

«i%.

CHBONICL&

1*H£

]024

LVou LV.

GENERAL QUOTATIONS OF STOCKS AND BONDS.
New York

repreaeat the per cent value, whatever the par mirbe; other ixuotatlona are treqrieatlr male pir shiri.
The following abbreviallona are often used, viz.: "M." for marij»axe; " g." tor ffohl; " a'li," toe gairaaceed; "ead.,"for eadorged;
"
convertible ; " a. f.," for slnkinj; suud " 1. g.," for land grant.
;
for
oonv."
consolidated
tor
Quotations in New York are to Thuraday from other cities, to late mail dates.

Qnotatlons In

'

ooni..

;

;

Subscribers nrill confer a favor by Klrlns notice of aar error dlaeorered In tbeae Qnotattons.
Dbiteb States Bonds.

Bid.

CNIXEB STATES BON0S.
Q—M
8., reg

Sa.optionU.

^

114
105

102
105
94
93
4
150
10

4 to 5, 1906..
B," 58, 1906
,
01a88"C," 4b, 1906
Currency tuuding 4s, 1920
*rkaii.— 6e,fund.,'99.HoLtord.J&J
l&J
68, fund., non-Holford
'•

&0
&0

78, L. E. <feFt.8.i8Sue,1900.A
7», MerEphl6&L.R.,lS99.A

5

78,L.K.P.B.&N.O.,1900.A&O 17
Te,Mi8S.O.&E.Riv.,1900.A&0 15
3
78, Ark. CentralER.,1900.A&0
Oonn60tic't-New,rg.,3%e,190S JAJ JlOO
5 95
Hew, reg. or coup., 38, 1910
IMBt.Col.— Cona.3-658,1924,cp.F&A
J&J
Funding 58, 1899...
Wastlngtoi.—
.

Fund. loan(Leg.>68,g.. 1902Var
Waterstook, 79, 1901....
78,1903
do

norlda—Consol. gold

&

J

6e

Indiana— Tem'y loan.

-^-

114
101

9/^

98».

IOII4
1C41«

J&J 98
J&J •--•1894.. J&J 5102 103
,

„,

105

108

'02 103
125 li6
100
40
..."

No.C»roltna— 6e.old, 1886-'98.J&J
68 N. C. RR., 1883-5

J&J

7ooapon8off ...A&O
6e
do
68,fundtngaotof 1866 1900. J&J
J«SJ
6«, new bonde, 1892-8

A&O

RE

108

99

i

tax,ola8el,1898-9A&c

-.---

10
15
2
4

4s,
4b,

Cook Co. 4148, 1900
West Chicago Ss, 1899
Lincoln Park 78, 1895
Cincinnati, O.-7-30b, 1902 ...J&J
7s, 1908
Var
M&N
68, gold, 1906
Var
48, 1905
48, 30-508, sink, fund, 1931. J&J
Hamilton County

3%

19.

Ga.— 7s

58,
8s,

5122
5129

ni9%

i

F&A

-..J&J
Dallas, Tex.— 38, St. Imp'm't, 1928.
58, water, 1920
Denver Col.— Pub. im.4B,1904.M&e
Duluth, Minn.-4s, 1920
J&J
Detroit, Mich. —78, 1894
F&A

J&D
J&D

6s, W. L., 1906
3is8, 1911

Erie, Pa.-Con=ol. 78, 1894

101 ifl
1121*
lea's
ll3>a
iiiifl

...J&J

Elizabeth, N. J.— New 18,1922. J&.1
Evansville, lud.,comprom. 4s, 1912

90

Fitohburg.Maaa.— Hb.'05,W.L..J&J

121

84

101
125
111

Hartford, Conu.— 63, 1897

Towns.

38,

,

J&J

Do

6H

trust receipts, btaaijod

8

CITY SECCRITIES.
Albany, N.Y.— 68, 1915-1919,M&N
4s, 1920 to 1930
M&N

101 Is
1031s

113
105
104
113

87"
i'23'

1031a

106%
1071^

110
108

It 5

99i>

l-.O

119
106
lUd

103H 104
115
112
100

125
113

68,
48,

1

In Ii^ndon

125"

1905

i09"

J&J

1081s

117
112

1901

101

1001*

i09
115
105
99
100

J&D
M&8

4139,1899
3iaa, gold, 1916
Quinoy lU.- Bs, 1898..

J&J

Eahway.N. J.-01d78

"72"

New

ad,)U8tmeut, 48
Beading, Pa. -48. 19-20

A&O

—

Richmond, Va 6a, 1901-1910J&J
88, 1909
J&J
58, 1921 & 1922
J&J
48,1920
Rochester, N. f 78, Water,1903 ..
4s. 1912
F&A
St. Joseph, Mo.— 68, 1903
F&A
Comp'im86 48,1901
P&A
St. Louis, Mo.— 68, 1899
Vai

iia"
100

98it

111

68, gold. 1894........
58, 1900
48. 1905

i07ii

3-658, 190^
St. L.Oo.— 68,1905...

St.

Paul,

Minn.—48,

102
99 14
120
100
107
113
116

A&O

1912,

1916
58.1915
68, 1904
78 1898

1151s
103

SaltL. 0ity,U.-5V,'i912-190J.'j&J
5e, publ.o Imp'ts, 1901-1911. J&J
San Antonio, Tex.— 68, 1909-19J&J

102%

1920

58,

Savannah- Fd

.6—1

58, 0<>n9,1909

106

Iowa— 4138, 1899
Spokane i'alls, Wash.— 68

ioi"

Springheld, Mass.— 68, 1905. .A&O
78,1903, water loan
A&O
O —58, 1907
M&N
Toledo, O.— 7 oOs, RE., 1900.
&N
88, 1893Var
Springlleld,

M

,

Var

68,1899

A&O

58, 19 1 i (oaU after Oct. '93) .
48, 1913
Var.

A&O
J&D

1905
3148,1905

RAILROAD RONDS.

'^7

•

58,

1912
1910

48,

(Bonds of mmpaniet consot'ted are
generaUf/ under the consoi'd name.)
Ala.Gt. Southern— l8t,68,1908J&J
Debenture Bs, gold, 1906.. .F&A
Gen'l mort. 58, 1927
J&D
'Ala. Midland— Ist, gua. 6a, 1928...
Ala. N. O. T. &c l8t deb. 68, 1907.

i

Fnieliasei also Days aeorued Interest

iis"

Trenton, N. J.-49, 1911
J&J
Worcester, Mass.— Ss, 1905. ..A&O

2ddeb6nt. 6s, 1907
J&D
Ala.& Vick8b.-C()US. 5fi,1921.A&0
Vlok9b.&Mer.-lst,«s, 1921.A&0

120
104

2d, consol. 58
Alb'y &8u8q.— Cons. 78, 190B, guar.
Consol. mort., 69,1906, guar.A&O
Allegh. Vai.— Gen. M., 7 3-lOs. J&J
1st mort., 7s, 1910
A&O

110%

991s AUentown Term. -lst.a,48,1919. J&J
1021b ADOh.r. &8. Fe-new48, 1989, J&J
99111
2(1, 2ia-49, Class A, 1989. ...A&O
110
2d, 48, gold. Class B, 1989.. A&O
H8i<
100-year, gold 5a, Incomes, 1989.

111

102
871a

100

.

i

A&O
A&O

Sioux City,

Long MaudUity, N.Y— Water.78...

—

Frloe nominal.

102

Scranton, Pa.-4s, 1S93.1910.F&A

.

*

A&O

4138,

113

74 "s Louisville, Ky.-7s, 1903
1.Viir
•iO
68,1897
Var
20-408, 5s, 1920
M&N
§124
48, 1923
J&J
5101
Lowell 4s, 1903
A&O
411egheny,Pa.— 5»,ep., '87-97.V«r.
Lynchburg, Va.— 6s, 1901-4. ..J,ScJ
4is8, coup., 1900
Var.
Lynn, Ma88.-Waterloan,6s,'94.J&J
lAUegheny Co.,5s, cp., 1913.J&J
5e, 1905
M&N
48. Court House, 1908, reg.. J&J
Macon Ga.— 6b, 1909
8-88, refunded. 1895. reg
..J&J ,.
Manchester, N. H.— 68,1902..J&,r.
ICO
AshevUle.N. C, 5f, gold, 1911. J&J 5,
4s, 1911
116
.tlanta, (ja.— Watef7s, 1904..J4;J 114
Memphis, Tenn.— Comp. 68, 1907..
109
68, 1895-6
J<SJ 104
Tax Dist., 68, 1913
J&J
58, 1914-15
J&J 102 105
Tax Dist., 6s, 1915
J&J
J&J 100 104 Middletown, Conn.— 3-65, 1915
4>S8, 1916
Augusta, Me.— 68, 1905, Fund .J&J 5117 119
Minneapolis, Minn.- 7s, 1901. J&J 51181s
AaguBta, Ga.— 6s, 1905
JA J 106 llo
4ifl8, 1912-15
5103
Baltimore— 6s, bounty, 1893.M&t lOu
48, 1915-17
09
6s, water, 1894
4f, hospital, 1922
....M&N 101
J&J
68,1900
Q—J 111
4s, 1922
*-V9"
68,We8t. Md. RE., 1902.... J&J 119
Milwaukee, WlB.—Wat6r7s,'02.J&J 5 106
be, 1916
M&N 122i«
5s, 1912
117>«
48, 1920
Q—J 105
58, a\eraging 10 years
3>s8, 1928
J&J IVOM
Water 4s, 1906-7
J&J 99
eangor, Me.— Water,6B, 1905. J&J 5119 120
MobUe, Ala.— 4-58, f 'ded, 1906.J&J
fc4
E. & N. A. ER. 6s, 1894
J&J 51ol 102
Nashville, Tenn.— 6s, 1900
J&J
Bath, Me.— 68, 1902
Var5lU4's 106
48, 1910
68, 1897
J&J 5
Newark 46,i9o8
A&O
'05
4JsB, 1907
JdiJljlOS
4l«B, 1918
„
aelf ast. Me.—68, railroad ald,'98..|5105>« 107
58, 1909
Birmingham, Aia.-5 g., 1920 A&O 5
68, 1910
Var
Boston, MasB.— Water68,1906 Var!§l24 125
7s, Aqueduct, 1905
Var
Water 68, gold, 1906
Var!5114>fl 115
Sew Bedford,Ma8e.— 1)8,1909. A&O
Water 48.1917
V«r5i04is H.5
3>ss, 1910
A&Ol? 97iji
Water 3>a8, 1917
A&O I 9d 9i N. Brun8Wiok,N.J.—78, water, 1904 lis
as
AAo'^ sio
»1
6b, 1898
lt;j
7S»8

Hew38(Rlddleberg6r),1932.J&J
Coupons

........M&N
.,

1908...
Petersburg, Va.— 6p, long
J&,!
Philadelphia, Pa.— 68,1896.... J&J
68, 1904-5-6
1221s
J&J
131
Pittsburg, Pa.-5s, 1913.. .....J&J
120ifl
7b, 1912
Vai

I'l
103
105
94 1«
110
104
119
118
104
104
103

123

M&S
M&N
M&N

41S8,

102
Galveston, Tex.— 5b, 1920.... J&D lUO
Gr'nd Rapids, Mloh.— 5s, 1904. J&J 108 10915
Water, 88, 1895
J&d! loan llOis
Harribburg, Pa.-6s, 1895
J&J
Water 6s, 1903
J&J
91

98
122
5109

.J&J

Park, 2iss, 20-48
M&N
Norfolk, Va.— 88, Water, 1901. M&N

Omaha, Neb.-Paving

114
102 Ja 104i«
104
§100 101
51071* 110
5123 '2
101 104
102 104
5100 lul
ICO
5 99
§104 1061*
5120 121
95

1IO6

,

.'.

38,1907

58,

..

...M&N
-.,...

Providence, E.I.—58,g., 1900.. .J&J
69, gold, 1900, water loan. .J & J

100%

J&J

2'4

J&J

new, cons 1910
A&O
88,1919
North Dakota- F'ded 48, 1921.J&J
Pent.- 5s, new,reg.,'92-1902..F&A
F& A
4s,reg., 1912
ahode iBl'd— 6s, 189.3-4, coup. J&J
South CaroUna—6B,Non-fand., 1888
Brown consols, 6s, 1893 ....J4J
Blue consols, 4>«8, 1928
J&J
South Dakota 4iss, 1897

,....M&Ni5ia3is

58, 1916
Norwich, Ct.—f>8, 1907

t02ifl

1909
Haverhill, MaBe.—4e, 1902.. .A&O
48,1923
A&O
5
Hoboken, N. J —Imr,68, 1898. J&D
116^
do
58.1901
M&N
lOlia 1021s Houston, Tex.- 6f, 1918
^'*
6e, 1912
99Jfl
Compromise 58, 1918
ImUanapoli8,Ind.-"D"7-3,'99.J&J
--68,1897
J&J
102-9 Jersey City— 78, 1905
Siae, refunding, reg 1912.. J&J 5
Var
T«iinb8Bee— 6b, unfunded
J&J 62
Water 7s, 1904
J&J
'2
Compromise, 3-4-5-68, 1912. J&J
Water 58, 1916
A&O
Bettlemeut, 6s, 1913
J&J 103 105
Water a8ee3e.,5e, 1916
A&O
Settlement, 58, 1913
J&J lOl"* 05
Hudson County 58, 1905
M&S
77
eettloment, 38, 1913
J&J 76
Hudsun County 79, 1894
JjiD
Texas— rs. gold, 1904
J&J
BayonneCity, 7B,long
J&J
Utah Ter. 5s, l&OC-ltlO
J&J ii-.. .- 104 Kansaa City, Mo.— 7e, 1898.. M&N
50
Virginia— 68, old, 1886-'95...J & J
ts, 1910
A&O
50
KuoxvUle, Tenn., 5s, 1922....
68, new bonds, 1866
Lawrence, Maa8.—6s, 1900 ...A&O
J&J 37\
68, consols, 1905. ex-coup
80
ol.,
2d
series
J&J
Leavenworth, Kan.— 4a, 1914 .J&J
««, cons
tH 8 Lexington, Ky.—4i48, 1920... M&S
6«, deferred bonds

Frust certifloatee
48,

105

68, 1900
68, gold, 1901...
59, 1908
5s, gold, 1896
4s, 1906...
31S8, 1904

J&D

1902
J&J
Ky.— 4a,1927,uew.J&J

1920
1899

Var

OrleauB, La.— Premium ii.s ... 165f>Bl66
Cons. 6a, 1923,ext. Orossman. J&Ji 106 18 106%
5s, 1934 ...:
J&D 100i« 1001$

1902. J&J
Vai

1937

M&N
A&O
M&S

Coliiuibus, O. -41S8,

Coviugton.

1906

6s,

New

Ajk

—

4s, 1915
J&D
6s, Consol., 1904 reg
J&J
Portland,Me.— 68, RR. Aid, 1907M&8
48, funded, 1912
J&.)
Portland, Ore.— Gold 68.1920.M&N
Portsmouth, N.H.- 68,'93,ER. J&J
Poughkeepsle. N. Y.— 78, water lon^

Cleveland, O.— 7s, 1894.
68,1900...
48, April,

108
108
122
9S

Bid.

Paterson.N. J.— 7s, 1900

1911:
W.rld'8 Fair, 1921....... J&J

ColunibuB,
5e

100

M&6 U07

1911
Varl) 97
Camrlen,N. J.— 7b,1903
J&J
Charl6ston,a.C.— Conv.7s,'97.A&0
Conv. 4a, 1909
85
:.J&J
Chicago, tU.— 78, 1899
78,1895
4'as, 1900
3-659,1902
31SP,

58,1907...
Fun'd^ddebt

J&J 105
5

Water

CiTT Securities.
N. Brunswick, N. J.- (Coniln'd)

N.Y. Gity-7e, 1900.

Cambrldgo,MaaB.-Water68,'96.J&J| MC7
City 63, 1B04..
J&Ji§12i

58, 30-508, siuk. fund, 1930.

*....
. .

Naw Hampsh'e— 6s,Jan.,l894.J&J
J&J
Warloan, 6s, 1905
NiwYork- Ba. gold,18&3....A&0

6s, special

-

p—^

Minnesota- Adj. 4»a8,19ia,' 10-30.
Missouri—
J&J
Fund. 6s, 1894-95
Funding 3h. 5-2CB. 1906-S ..J&J

Chatham

*-

1800

Ma88aohu66tt8-5s, gold,
68, gold, 1897...

6«,

I

J—..

Stamped 4 percent, 1914... .J&J
Msklne—New 3s. 1899 1929.... J&D
gold,

100
100
8
190
20
20
19
20
8

.; s....<.

Temporarv loan, 3s, 1899
Luulslana— Consol. 78, 1914.
Miryland-38,
8-65e, 1899

IC614

J §110>i

Siss, 1895...

Refunding, 3'-o8,1895...
State House, S^se, 1895

103V

*-

J&J 112
J&J 100

a«orgia-4i«8, 1915
SHe, 1917 to 1936

N.T.— 78, 1924-5
.J&J
Water 58, 1898-9
A&O
Water 4s,, IS) 04
M&S
Water 3139, 1905
J&j:
Bnt;e, MoQt.-68, 1902-1912.. J&J

ll4''e II514

•

Ask.

Buffalo,

109
112is
115

STATE SECURITIES*.

Bid.

B'klyn,N.Y.-B'ge78,1915 24.J&J 155
157
Park 68,1924
J&J 150 (153
Bridge 5«, 1919
J&J 127'fl ......
Bridge 4a, 1926
J&J 112
114%
Water 3a, 1905
96
99
...J&J

107's

Al»bama— C1a88"A."
Otaae

,

tCO

Q-^ U3

r^g-...
«8, 1907
coup.. .Q— J
t8, 1907
6e, Currency, 1895.... .reg... .J&J
reg....J<SrJ
as. Currency, 1896
reg....J&J
Ss, Cnrrencj-, 1897
reg....J&J
Ss, Cnrrencj, 1898
re«....J<fc.l
6«, Currency, 1899

Clir SBCCBITIB8.

Ask.

130
98
116

105.

SS't
53ia

61
51
102
118
96

&

Charl.— 1st pf. 78, 1897.A&0
Aol.
lat, 78, 1907
Income, 68. 1900
Atl.
Florida— Ist, 68, 1939.
5
Atlantic City- Ist, os,g., 1919.M&N 104

A&O

M&N

&

1917. A&O

18

AUautlo&Pac.—lat4s, 1937. .J&J
2d W.D., guar.jg, 8.f.6s.l907.M&S

70

Atlau.

& Dan.— Istg.

6.1,

A&O
W. D. inoomes, 1910
Oent.Div.- Inc.,69,non-cu., 1922
Land gr. incomes, cum., 1901..
Saitiuiore&onio-ta, 1935....\&0

10
15

c'arnorsburg Br., 68, 1919.. .AAO
F&A
Ssgold. li)io

118
112

V Coupons on atnoe 1869

-

II

83%
5414

63

54%
120
981s
1041s

70%

10%
101 1«

ttubjeot to call.

i'ls"

J

Dbcemdsb

1

CihJNfDH.VL

Railroad
B»ltlnic)ii'

A

-

:

,

1

'

:

'

'

k

.

THE OHRONIULK.

17, 18S2.I

OF

gUor.Vl'KjN.S

1025

KSD

Sl'OUlCd

BONDS-OoimifCBo.

iioiuta.

niili)- (fAnt1niifi1

JUl
Bohu>

8U

law

'I'ir«,

1,

^

Jo
<to

I'.'.'..

\

BdrUkH».cNt'i>

Noh.
Zil

Sd

M.

I

>lj
ilo

ttt.A Pot'o— l«t
lit, tannel, 68.

•;.

BMon Cretik— Idt.K
BelTldereDel.— l9t

'

Cong. 4c, 1!»27

Boaton

it:

F.bAi

Albany— •<«. l8flA,.;.J<Ui

BMton* Lowell— 7b,
S«,
5«,

1898
1999

4«,

1905-6-7

189». ..MA8
I*J
J*.I
V,ir

.M
,
t>t«. 1903
B)iitot\ ,1k: Maine— 7«, 1893
..'.
7». 1894
Imprt)ViMiipni is, 1905. ....tVvA
iK, 1937 ...
Do

irt.
f..Ti
..

i

aw. A

ylOO

F*A M(0

Providence— 70,

looHlloi

lB»3.J<t,ll

4», lOl.s

U^Oiijl
1

JAJI,

-

la. AUitk., 1
Chto. AMII.,
-»
C.t.^.il

f.&

vu.li,

iT

tit.

1

Ik:

Riv -i* A r,ynn— 6».'87..J4J|{Vi 7
Brooklju Kit'.— Ist, 6a, l»24...\.(o: 17
Sdmortg. .^8, I91.'i
Onion Kl.— l»r, «H, 1037 ...>
Brunsw. A w.— 1n[,48,k .I'f.w
Bifi. BriuL.V p.— (T<•n.M.'
Boet.

lOOi*
119

If 8
ti-

1

go^

>

1

'

An

.

.'.

.

Bofl.N.Y..^:l:ne— l»t,7«.

A

Bnff.Itoili.

Rocll.

A:

Piltsi).— CJf

P.. iHt, 68,

!.

•!,

1921. ...t'AA

VM

A-ii

1022
JAD 116 lis
Bnfl.Aaouttiweat.— 6«, 1908. .J.AJ 100
Barl.C. R. A N.— l8t.68,1906..JAD 102l« 103
Consul., 1?t

(is.

C:ou8.l8t Aool. tr., 58,1934..
Iowa C.A W., l8t, 78, 1909.

AAO
MAS

C.Rap.I.F.A N..l8t,68,19!20.AAO
lot, .'^8, li>'.Jl....AAO
do
OaUfor. Pao.— l8tM.,4'«8;l912 JAJ
2 Mor. 6b, g., '9),ext.at4isi%.J*J
3d M. (guar. O. P.), 88, 1905.J>feJ
do
M, 1905. JAJ
Oamdsn A Atl.— lst,7s, g.,'93..J.U
JAJ
ConsoL 68, 1911
Camden A Burl. Co., 68, 1397. FAA
Canada So.— Ist 5e. guar., 1908, JAJ
Mjrt!
2d mort., 58, 19ia
Cape Fear A Yadkin Valley—
Ist 6s, serlea A, 1916
..
JAD
1st 68, ser. B, 1916

97'«

IfO
100
90 "«
100 105
98
106
65

MAN

JiJ
l»t, 68, ifold, 1896
JAJ
Ut, 68, gold, 1897
JAJ
HI, 6s, gold, 1898
S .JoaatUn, lat M.,6b, g.l900.AAO
Oal.&Or.— 8erie8A,5 g.,1918.J&J

A40
A40

ICortgage 66, 1911

do

2d do

do
do

48, 1989... JAJ
48, 1989.. .JAJ

Craig Val. Ist 58, g., 1940.... JAJ
Obea. U. A S.W.— M.68, 1911. .FAA

1911
0Iieanir»-<i8, 1896-98

2d mort.,

6s,

FAA

1U3\
84

8i)

(.'oil. (li,

v:,

Utaa.g.

V

1

gii
^' -'on, 4ii,

s
ir.

,l,il...-,.

I

48,1905..:

»r.

.

1905 JAI
iB.lfiOMAJ

47
95

on

I

Bscan.A-

67
115

68 >a
116

PnnlnHiila, li-.:
Chic. A Mil..
WtoonaA8t.Piii.. 1st extonslun, 7 lMad., 1st. 6«.
Mil.
&
Ott. O. F.
St. P.,
"

vlronR.-!
s.Hh.

1

A

JAJ

HAN

Madison

fSit;., Int. 7s.

..iiiSi L07

1911.AA01 132 L
'

""' ''1

lYiiat receipt*....
lit Ext., gold. 5«. i937!ri;!rjAbl
19!
>
f.l...n
••
.V, 1938. .MASi

Lll-'!jt
J
'

'

ATomab.— l"t

Oedar B.A.Tio.- 1,«:
Isl mort., 7js, 191
2d murt., 79, 190.'.
8. C.A Pae.. Ist. ti». 's.- ,..,....

•

•

-62
I'ltta.-^'oii
..•|,.

102 >«

lat,!'"-

2d M.7a,i904.MAN

General more,

83
79>t

5f.'

68,

A Porta.-6e, 1901 AAO i.
80
Oln. Ham. AUay.—Conaol. &aAA.O|il04%
AAO 121
Ooneol.S. F.,78, 1905
106 >a
AAO'^llS
Oonsol. mort., 6s, 1905
103% ad mort., gold, 4i«a, 1937. JAJ] 96>«
Oln. H. Al., lat .M.,7a, 1903.JAJ^116
120
91
O.I.et. L.AC.-l«t g. 49, 193't.(J-K
Con. 6a. 1920
Indlanap. C. A I..., 71.
lis

.JAJ <118
MA^ 117
Sinking tund.es,
Txjols'a A Mo.R.,l8C,78,1900FAA 117
2d. 78, 1900 MAM 112
do
UL.Jacks' V. AC, lst,7a,'94.AAO 104
104
gnar.(&64),7s,'MAAO
do 1st
g., 1903.
g., 1903...

.v.......

Var.fV OS
.«

6a, 1897
78, AptU, 1894..
4'aa, 1S97.
48, 1907
Wnat., deb. 6a,
Bo«t.(I.T.

A

95 >« Flint*
97
l8t,<

I

'

I

Port

lOV

,

''-'ii

Fltohburic—5a, 1891M903
Sa, 1908.

66
66

123 <a
i3H 125

1932 ....Q— Mi 116
95
96

ioe>< Cla. Oeorg.

105

108
l'.<0>t

<

OU. AW. Mloh.—Uea.Sa, 1921.J AO
cm. l>ay. AI.-lsi.g.,Sa,1941.MA>r|

U(M

Jir«n8v.i..,..». I., — i,.!. U-,
2d, 68, gold, itfuo

Un.A I<ogsnap.,l9t,7a, 1905.AAO

Bt. PaolAS.Clty, lst(jo,i!>i > .-kiicij
80>« Chlo.A W.Ind.-^.fd. 6«, 1919 MAN]

79>«

l«A||.

Evans

Chl.SUP.AX.C.-Pr'ty 6s,l934.JAJ el06
JAJi« 64
1st, g, 5a, 1938
lll>9
l8i.'

''•

Bui.

120
101

Ch.8t.P.AMlnn.

i

Mt-V.

116
110
116

Hlnn.AN.W.lst,

1

,

iLBvaus.
latg'

110
99

Chla.8t.P.MiD.AOiu.-

-•

V5
100

1.1.^...

Springs— lst.6ii, 1V33
vana.A ind.— lat..g..e«,

Chl(^agaA Southwestern....
JA
Ezten. A ooL 58, 19.14
Mats
80 yr. deb., 5s, 1921
Chla.ASi.!,.- lat 6s,iai5...MAi«|
CnUc.St. U AP.— C'on.5a,1932.AAO
Oblo; A QU Eaau, lat. 7a, 93-'9S.
Col.AInd.O.,l8tM.,78,1904j£j

do

lament, 7s,

i;reka

...

113

.. ..

'.

MAM

1930
s«. 1930

.

96

.I918JAJ
'.e«,

1921

JAJ

i:)aa
...

I

o

1

71

74"
.'•

8

'

I

...

.:(>..

.11

.

a«

114

Oln.A8p.— 78,C.(.:.C.Af.,i901.AA(.

'

97% "ii"

I .

A

104

,^

lum

1

^. 68,1920. A»
'

,

t

Oln.Rloh. AClil(].-lst.7a('96.JAJ
Oln. Rlob. A F. W.-Ut,7»,i091JAI

7b, Knar., US.A M.B., 1902. .AAl
OU.AAt.Bdge.- l8t69,i.,l915.JAJ • 90
Oleaorf. A Jeir.-lst,6«,lUi:7...JA.(
OHIO. Burl. Js Siir.—68, 1926 AAO 104
* Col.—
&103>4
Oler.Akron
.JAD
103>t
2d68, 1913
, „
UAt |102>4
99'g 100
Oen. M., g., 58, 1937
JAD
Det>«nt. <i', 1896
l»l
2.1 M.. 10-40«...FAA
r.
1!*93
Equip
7«.
...FAA
100
...
BqulpmPO'
* Filoa namlnAl.
a In I tiaAn
In Am» »nl > m
« PiirouMii ai<-j uaya aouraed intaraav

107

.,...,

99

Oln. Lal.AC— l8t,7.''.
Nor.- lat, o«, iw i-'j.iu,
Oln. Leo.

do 2dM. (360), 7a, '98.. JAJ
do 2d guar. (188) 7a,'98.JAJ

06 >•

a.,g.l940FAAl
n. S8,1937.JAJ
67
r^,,.,.... ,^ .^,.. ..Ut,68, 192S.JAJ
102
.^.la. (Jeut., l9t, 89, 191^
JAJ 101
ut.AW.Ala.-lst. 68, rea'ta.I9i6 ••••I
.i8t»m,.M««8,— bs, g.,li>0«. .MAS 121
131<«
.iston A Amboy-.)I.,58,19'iOMAN
llOlf
iitab.Lez.A BlvS.-58. 190'J.MA«
96
98
..tW'mspt— 5- ••' i"i" '••>

Chlo.Peo. ASt.U-lst&a.iy.;-' "' RookIsl.Dlv.ooa8.5i,g.,19
Louisville A St. L., 58, 18J
Ohlo.R.I.AF»o.-69,19l7.oo,.i. „..

109

63

.

.

Frem. KUt.A Mo.V.— <>s.l933A.tU
UiLSUmptid-.
do
do

1106%

Hoi

A

tils.. Ist,
Ist, .Vs, itt'lO..

Ohio.

109
111
109

.1100

A'i

JiM)..JMJ,

119

ll>7\

A

,

Henoniinoe E
t;xt.,i«».7' '""
Nortbweet.On., Ist

107 1«

M-

IpeL Maok.A
.

118>« 122

111>4

<ir.Kap.i...A U., l8t,Da,1927
Ld. gr. 3>«a.
•^-''.Clty— lat

I

Des M.>v
Iowa .Mill..

North,

Sterling mort.. 68,

l8l.,a.f.,6s.l912

(ne. ouii

Eii,

JAJ 106
JAJ
4s, 1910
M.,78,
'93.
JAJ 103
1st
Alton.—
Ohio. A

M1M.R1T. Bridge,

Fargo A

30

AAO 118^ 117
M<kN 101>t 102
HAS 80<a 80%

CAOrRy, IgtSs, 1939
General 4 >•«,«., 1992
I8t Cousol. K. & A.2-4.I989.JAJ

Wl8. Vh:

2.'.-

Cent. olS.Car.— I8t68, 1921. .J&J
CRiarle8.Cln.& C.l8tg.5s,1947.Q—
Onarl'te Ool.&A.— Con8.,78,'95.J*J
8d mort., 78, 1910
J<tJ
Consol., gold, 6s, 1933
Oliartlere- Ist, 7.?, 1901
0l»6S.*Olilo.— cnir.money Id.,6« '98
A<hO
Berlea A, 68, 1908

l>llt)Ucin>

Id's 102

AAO
109
A40 104%

tfort.,Kold, 58, 1939
C.4 O. l>lv., ext. 58, g. 1918. J* I
Lan4g. 68, g., 1900...sweat, raoif., l8t, 68, g., '99..J<kJ

>

10BJ« 107»4

JAJ 111 ili'«
Qen, mort., 58, 1987
Leh.A Wll.— 'Jon. 78,J?.,1900,a88.O 108 « 109 ><
M.^:
75
MortKageSB, 1912

Am. Dk.iS Imp. Co.,6a,1921.JAJ
Central Pac. -Ist 6s, sr,1896.J*J

Teiniliii:

A/*

1937. .MA3

Bav.AWeat., let, guar., 19'29 MAS
Orat.of N. J.— 1st cons. 78, '99.i.f-J
Convert, mort. 7e, 1902. ...MAN
Convert, dobent. 6», 1908. -MAN

jl

i'

*rTKi9i-9 %u

,

Oollat'l trust 59, 193"?
Cbat. R. ACol.—58, g.,

Ml:.««ii PI. L>iv.,5s,JH>ll>...J*J] 10Chlo. A r.. 8up. tdv.. 5*. 192 IJA,.! 10
I.OI 1,1
W1»..*JIPM. Iil>. .^a 11121

I,

i»».

90
90
JAD ...... 90
1st 68, series f!
C»peGlrard.8. W.con.6s.l908MAS4 92>t 97 >«
Carolina C«nt.— Ist ,ti8,g. IbSlo. J«J
107
0»tawt9Sa-.Kort.,78, 1900.. ..FAA 118
85
Cedar F. & .Mln.— Ist, 78, 1907. JAJ
Cent, of (ia.— lst,oon8^7s,'93.JAJ

il

.

{

u

^••fiKj.^ii

.JAJ. -r

--

,

m

I

64
13
103

77

99
lOJ

J
J

5

:

THE CHRONICLE.

1026

I

Vol. LV.

GENERAL QUOTATIONS OF STO0K3 AND B0ND3— OoNTiNnsD.
For Bxplanatlons See Notes
Bailboas Bonds.

Bid.

Ask

107
er. Bay Win. & St.P.— let, 68, 1911
39
2d. incomes, 1911. tr. recta...
91
90
Gt. North.— Col. t8t.4s,g.,1902.M&8
116
.M&8
Han. & St. Jo.- Con. 68,1911.
HaiTl8b'gP.,&c.,l8t.,4s,1913.J&J 104 H 108

at

Head of First Page or Qaotattoas.

Bailboad Bonds.

Bid.

Lonsv.&Naah v.— (Continued.)
50-year gold, 5b, 1937
M&N
Dntfled 4s, g., 1940
J&J

BAILBOAS Bonds.

Ask.

Ask
Bid.

N.Y.C.& Hud.Eiv.— (Continued.)—
Gouv.&Osw.lBt5B, g.l942...J&D 111
115^
N. If.Chio.&St.L.— lBt,4s,1937.A&0
98 '« 97%.
Pensa. & Atl.— l8t,68,gu,'21.F&A 101% i«o
N. >f. & Greenw'd L.— lat M. inc. 6b
38
Ool. tr., gold, 68, 1931
M&N 100
2n mortgage income, 68
8
6. & N. Al. 8. t 68, 1910.... A&O
N.if AHarlem-78,ooun.,1900.M&N
Eart. & Conn.West.— 5b,1903.J*J S 98
120
Consol. 58, 1936
F&A 91 93i« N.lf. Lack.&W.— lat, 68, 1921.J&J 128"
HouBatonlc— Cons. 58, 1937. .MAN 114 115
Nash.F.&8.l8tgd. g.5s,1937.F&A 100
iii d, 5b. guar., 1923
72
Ho'st.E.&W.Ter.— Ist.Ts.'PS.MAIJ
F&A 112 iiaii
I/'sv.N.A.& Chic.— l8t,68,1910.J.fcJ 114
Term. & impt. 48, 1923
SL & Texas Cen.lst g. SB, 1937J&J 107%
M&N 5
Con. mort. 6s, 1916
A&O
107% N Y. Lake Erie & Weetem—
Waoo&N.W.,lBt,7e,g.,1901.J*J
103
General m. g. 58, 1940
M&N
77
AAO
1st M., ext. 78, 1897
Oons. g. 6b, 1912
MAN 112%
C. & I. Div., 6s gold, 1911. ..P&A 107
A&O 91
2d mort. extended,58,1919.M&8 115"s
Debenture 6b, 1897
A&O "¥6' 67% Lou. Ry.Co.,lst c, Ss.g., 1930.. J&J 98%
3d M. extended, 4%B, 1923. ..M&S 107% 108 19.
Cten.g. 48, 1921
Louis.8t.L.&T.— 1 8t 6s,g.l917.F&A
94% 95
A&O
4thM.,extended, 58, 1920..A&0 112 114
Debenture 4b, 1897
Louisville Southern Ss
J&J 75
76
5th M., extended, 4a, 1928. J&D lt<0
Hnnt.&Br. Top— iBt, 48, 1920. A&O
Macon & Nor.— lst4isB, 191)0.M&8 57
61
A&O 1011s
Istoons. M.,78, g.,1920
Oons, Sd M. 5s, 1895
M&S 137 isf'ii
Manhat. El., consol. 4b, 1990. A&O
95
95% Ist oons. fund ooup.,78,1920 MAS
nUnolB Cen.— l8t,gold,48,1951.J&J 104
136
Metrop'n El.- Ist, 68, 1908. .J&J 1181s 119
J&J
Reorganizat'n 1st lien, 6s, 1908
Gold, 31*8, 1951
2d 6s, 1899
M&N 1061s 107
A&O IOOI4 100%
Long Dock mort., 7s, 1893. .J&D 101 101
Col. tr., gold, 4b, 1952
N.Y.Elevated.— let, 78, 1906.J&J 113 113%
J&D 91
Long Dock oon. g., 6b, 1935 A&O 122
Cairo Bridge— 4b, 1950
Maine Cent.— Mort. 78, 1898. ..J&J ',113 115
New 2d oonB.68, 1969
Bjpringflela Dlv., 6b, 1898. .J&J 107
J&D 101% ioi'i
Exteu. bonds, 6b, g., 1900... A&O 5110% 111
Collateral Tr. 68. 1922
Middle Div. reg. 5b, 1921... F&A 112
M&N 109
108
137
Cons. 78,1912
137%
A&O
Funded couDon 5s, 1969
Sterling, B. F., 5b, g., 1903. .A&O Cl06
J&D 88 "s'sv
Cons. 4I28, 1912
A&O 105% 107
Gold income bonds, 68, 1977 ....
BterUng, gen. M.,68, g.,1895.A&0 el04 106
Leeds & Fann'gt'n, 6s, 1896.J&J 105 105%
J&D el06 108
Chic. & Erie Ist 4-58 g.l982.M&N 101% 101%
BterUng, 5s. 1905
103%
Portl. & K.,Con8. M., 68, '95.A&0 103
Income 5s, 1982
OWo.St.&N.O.— T.l'n,78,'97.M&B llOij 113
42%.
103
Debenture, 6s, 10-20s. 1905. F&A 102
llOis 113
Coal &ER. lat, gu.,68,1922. M&N
l8t COD. 78, 1897
9i>
Mar)0.& Phcenix-lst 68,1919.M&N
105
J&D
N.Y. &L. Br'ch— ut, 58, 1931.J&D
2a, 6e, 1907
Mar'ta&N.Ga.— l8t,68,g.,l»ll.J&J 85
J&D
N. Y. N. H. & H.lst r. 48,1903.J&D 102
105
68,1951, gold
Coneol., 6 g., 1937
26
J&J
N.Y.&North'n-let g.58,1927.A&0 104
Mem. DiT., ]8t48. g., 1951 J&D
IOOI4
is,
O.—
Marq'tteHo.&
1908.
..M&S
100%
.A&O
2d
gold
Gold,
58,1947..
48,
70
1927
72
lad. D. &W.—
68,1923 (extension)
J&D 101
J&J
N.Y.On.&W.— Con.5B,g.,1939.J&D 105%
2dm. Inc. Ss, 1948
68, 1925 (Marq & West.). A&O 100
Refunding, Ist, g., 4s, 1992 M&S
Ind. Dec.&Sp.- l8t,7a.l906.AAO 1231s
83%
Memph.& Charl.— lBt,7B, 1915.J&J 110
N. Y. & N. teng.— Ist, 78, 1905. J&J 119% 120
Ind. lUs. &Ia.— iBt 4b, 1939....T&D
2d mort., 7b, extended, 1915.J&J 110
IstM., 68,1905
Bnd'poli8& 8t.L.— l8t,7B,1919.Var. 5116
J&J 109%110
iRtoonsol. 7b, 1915
J&J 100
2d m..6a, 1902
Illd'apollB& Vin.— Ist, 78,1908.F&A 118
F&A 6101% 102%
105
105
Ist,
oons..
Tenn,
lien,
78,1915 J&J
N. Y. Pa. & 0.— Prior Uen, Os, 1895 el05
Sd mort.. 6b, g., guar.,1900.M&N
108
Gold, 68, 1924
do
J&J 90
lst7B.1905
« 29
29
lat. & QtNortb.— l8t.68,1919.M&N 131
108 1091]
2d 68, 1899
M&N
2d mort. inc., OS, 1910
coupon off
Do
3% i%i
e
M&8 67 69 MetW.Side El.ltt 58, g.,1942.F&A 95
3d mort. inc., 58, 1915
2d, 41s— 5b, 19(i9.
1% 2
e
M&S 30 40 Mex. Cent.—Consol. 4s, 1911.. J&J 631s 63% Equip. Trust., 5s,1908
3d, 48, g., 1921
M&N elOO 102
22
23
let con. inc. 38, 1939
N.Y. Phil. & Nor.- Ist, 1923 ..J&J
July
110%
68, 1909, Trust rec, etamp'd.M&H
10
11
2d con. inc. 3s, 1939
Income 6s, 1933
Jub"
Iowa Cent.— l8t g., 58, 1938.. J&D 871s 89
A&O
N. Y.,Prov.& Boston 78, 1899. J&J
raFallB & B.C.— lst,78,1917.AA0 §131>» ism Mexican Nat.— iBt, 6s, 1927. .J&D "40
i'i
2d M., 8er. A, inc.,6e,1917. M&S
N.Y.S.&W.-lat refnd.,58,1937.J&J 106 107
Jack.T.&Key W.,l8t6 g.,1917.J&J
9
7
2d M.. Ser. B.ino.,68,1917.. April
2d mon., 4%8, 1937
Jefferson— lei 5e, g. Erle,1909.A&0 102
F&A 88
90
119
.Mioh. Cen.—Consol., 78, 1902.M&N
1191s
Gen. m. 5b, g, 1940
JTefl. Mad.&Ind.— lst,78,1906.A&0 6114
F&A 95
ConBol. 58, 1902
M&N 106 lOeis Midl'dotN. J.— l8t,68,1910.A&O 118 119
2d mort., 7b, 1910
J&J 5121
Norf.&Soutli.— lBtg.,58,1941.M&N 101%
68. 1909
M&S 115%
Kanaw. & Mkh., let 4 g.,1990.AAO
113
NewB'g Dutch.& Conn.— [nea.1977
5b, coup., 1931
Kansas C. Belt, let, 6b, 1916.. J&J Jlf6 107 ij
M&8
Norf. & Weat.— Gen., 63, 1931.M&N 122
Mortgage 48, 1940
J&J 100
Kan. O. Clinton & Bpr.- 1 8t,5s,1925 5 75
J. L. &8ag.— latext. 58
New River lat 6s, 1932
Pleas. Hill & De Soto, Ist. 78. 1 907 51071s 110
1901
A&O
128
Det, & B. C, let 88, 1902 ..M&N fl25
Impr. & Exten., 6s. 1934. ...P&A
K.C.F.8c.&Meru.-lst,68,1928.M&N SlOOi* 1001)
92
98
Midd. Un. &Wat.Gap— lst,58,1911
AiljHttnient 78, 1924
K.O.&M.RT&Br.l8t5g,1929.A&0 5 90
Q.— M
84
2d 5s. guar. N. Y. 8. & W., 1896
Equipment, 5s, 1908
Current Elver, 1st. 5s. 1927.A&0 5 75
J&D .....
11
97 101
Midland of Indiana 58
Clinch V. D., lat 5a, 1957.. ..M&S
K.C.Ft.Scott& Q.—lst,7B, 1908 J&D 110
55
Mil Lake Sh.& W.— Gs, 1921 . M&N l'.'4>s 126
Md. & W. Dlv. lat 58, 1911. .J&J
Kan. C. M. & B.- let, 58, 1927. M&S ) 50
93
102
Conv. deb. 58, 1907
Debenture 6b, 1905
BIT., equip., 6 g., gu., 1903. .. M&S 100
F&A 1061s
.M&S
Ext. & Imp. 8. f g. 58, 1929. F&A 107
1071s
Roan. &co.l8tg.gu.5s,1922. M&S
K.C.8t.J0B.&C.B—M. 78,1907 J&J 512114 1211s
82% 82'*
Mich. Div., iBt, 68, 1924
Kodaway Val., lBt.7e,1920.J&L) 108 H>8hi
80. Bide, Va., ext. 6-68
J&J 122
1900 100
Ashland Div., lat 68, 1925. .M&8 121
do
Kan.C.Wy.&N.W.-lt.t58.1938.J&J
2dM., ext. 5-68. ...1900 100
84 1« '85is
Incomea, 68, 1911
do
M&N
3dM.. 6s, '96-1900..I&J 100
Ken. Cent. Ey.— Gold 4b, 1987.J&J
Kentuoliy Un, Ist M.,5s.l928.J&J
8t. P.E. &Gr. Xr'k, lat, guar., 68.
112>s 1141s
Va.&Tenn.,4thM.,88, 1900.J&J 120 121
'99"
MU. & No.— lat, 68,1910
do
Keoknk&Des M.— l8t.5B, 1 923. A&O 92
J&IJ US'* 115%
extended 53,1900..r,tJ 102 92"'
KlngsCo.El.Sr.A.,6s, 1925. .J&J lOOH 101
1st, consol. 68, 1913
100-year mort. 58. 1990
J&D lldis
J&J
Minn'p.
mort
1938
&
St.L.iBt,
do
N08. above 10,000
2d
5b.
A&O
78,1927. J&D 1281s
8714 911s
North. Pac. Coast latGs
let, g., guar. 78., 1927
Fulton El. 1st M. 58. 1929. .M&S
J&D
M&N 101
Ist M., Iowa Cnty&W., 1909.J&L 132
North Pen n.—l6t,78, 1896
Kings. & PemK—l8t, 68,1912. J&J
M&N 109%
110% BouthweBt.Ext., lat, 78,1910. J&D 120 125
Gen. mort., 78, 1903
Iiake E.& West.— l8t,g.,58,1937J&J 110
J&J 123
ij
110
Pacific Ext., 1st, 68, 1921.. A&O
Debenture 6a, 1905
16'»
2d g., 58, 1941
M&S
J&J 103
115
Imp. & Equip. 68,1922
Northea8t.,8.C.— Ist M.,88,'99,MA6 116
Lake shore & Mich. So.—
J&J
116
Minn'p. & Pac, let, Ss, 1936.. J&J
Bntr.&E.,ne-w bd8,M.,7B,'98.A&0
2d mort.. 88, 1899
M&S 114
Det.Mon.&Tol.,lBt,7B,1906.F&A 125
Minn. 8. Ste. M. A Atl.-lBt,48,1926
Consol. gold, 6b, 1932
J&J 105 107
93
Northern, Cal.— 1st, 6s, 1907. .J&J 110 115
Dividend bonds, 78, 1899. ..A&O 11 3 '6
Consol. 4s, 1938
J&J 96
79% no
Consol. 58, 1938
Mo.Kan.&T.-lat, g., 48,1990.J&D
95
Lake Shore, cons., op., 1st, 7b. J&J 1201s 121
A&O
49% Northern Cent.- 4%8, 1925.. A&O 108
2rt, g. 48, 1990
do con8.,op.,2d,7B,l»03..J&D 120i« 121
F&A
70
Mahon. Coal HB.lBt,5B,1934.J&J 110
Kana. C. & Pao. let 4s. g F&A
2d mort., 68, 1900
AAO 112
84 1« 86
Kal.A.&Gr.K.— let 5b, 1938.J&J 110
Dal. &Waoo lst,gu.,58,l940.M&N
Con.mort.,68,g.,coup., 1900.JAJ 115
ptigh Val.— 1st, 68, 1898. ...J&D 109%
Mo. Pac—Coneol. 68, 1920. ..M&N 109
Mort. bda., 58, 1926, series A J&J 112
106
Sdmortgage, 78,1906
110
Oon. M.,8ierling, 6 g., 1897. .J&D ,104
M*N 113%
do
serieB B
Trust gold. tB, 1917
Cona. M. 68.,19U4
Sd mort., 78, 1910
M&a 135
M&8 75
J&J 118%
Col. truBt, 58, 1920
Con. M., 68, g., 1923 reg
J&D 136%
Con. mon, stg. 68, g.,1904...JAJ «lO-< |110
F&A
i;eli.V.Ey,lBt A^H. g., 1940,reo.gu. 1031s 104S
Lexington Div., 5, 1920
Union RK.— let, 68. end. Caut.,'95 104%
F&A 98I4
112
liCh.V. Ter.— 1 8t.g.gu.,-a.l 941.A&0
Pac.of Mo., latex, g.48,1938. F&A
Northern Pac— Gen.. 68, 1921.J&J 118%'.
Utckf. Car.& West, Istg. 6b,'16J&J
80 100
2d 78, 1891
Gen. land Kr.,2d, 6a, 1933.. .A&O 113% US'*
J&J
LMlami— Renewal 58,1912.. M&N 111% 112% Ver'aVy.Ind.&W. Istoe, 1926M&S
107
Gen. land gr., 3d, 68. 1937... J&D
Leroy & C. Val., l8T,5s,l926.J&J
L. G. con., g. 5a, 1989
Ik Bock & Ft.S.— 1st, 7s, 1905..J&J i 91% 92
J&D 69% 70
60
IJttleE.& Mem.-l8t,58,1937.M&8 5 55
Dividend scrip ext. 6s, 1907.J&J 100
Car. Br., lat 68, g. 1893... .A&O
8t.L.I.IVI.&8.-lst ex. 5a, '97.F&A 102% 103
PenD'OroilleDiv.,68,1919..M&8 102
Iiong laland— l8t M.. 78, 1898.M&K 112%
iBtconaol. 5b, 1931
1151s
2d. 78, g., 1897
Mo. Div. 68, 1919
Q—
M&N lo3%
M&N 105%
95
104
Gen. M. 4b. 1938
J&D
James Riv. Val.— l8t,g..68,'36J&J 96
Ark. Br. 1. gr., M., 78, g., '95.J&D
100
104
Perry— let, 4>s8, g., 1922. ...M&^
Cairo Ark. & T.,l8t,7s,g.,'97.J&D 103
Spokane & Pal., l8t 68, 1936.M&N
No.Si. Br. 1 St con.58.g.,1932.Q108 110
81
84% HelenaARedMt.l8t,68,1937M&S
Gen. oon. r'y & 1. g., 58,1931A&0
H.Y.&R'yB'ch, et g.08,1927.M&B
Mobile&O.— Ist.gM, 6a, 1927. J&U 112 115
Dul. & Man., let, 6.S, 1036... J&J
102
2dmort. inc., 1927
Extension
Dak. Ext., let, s.f. 68, 1937. J&D
101
8
1st
22>s
68, 1927
ir.Y.& Man. Beach. lBt78,'97,J&J 100
Gen mort., 48, 1938
No.PacA Mon., Ist.Gs, 1938. M&8 85% .87
M&8 61 Oi
104
H. Y.B. &M.B.,l8toon. 5b, 1935
Bt.L.A Cairo— 48, guar., 1931.J&J
Coeurd'Al.,l8t,g..6s, 1916.M&8
xirook. &Mon., Ist 68, 1911. M&S
Mout. &Eufaula, lat 6b. 1909.. J&J 101% 102%
do Gen. Istg., Oe, 1938.. .A&O
M&S 106 111 Morg'n'6La.&Tex.,lst,68,1920J&J 112
iBtSs, 1911
Cent. Waah'n, let g.68.1938. M&S
90
2d, 5b, 1938...
J&D 102 104
Ist mort., 7e, 1918
Ch.&No.Pac oon. dg.l940.A&0 74
75
A&O 126 127
106>»
City&Flu.
Ist
I.
68,1911.
M&N
138
140%
North.
104%
L.
Morris & Essex— 1st, 78, 1914 M&N
P. Ter. Co.-lat, 68, '33.J&J
ton'v.Ev.& 8t.lv-lBt,68.l926.A&0 nils 112
Conv. bonds, 78, 1900
N. W. Gr. Trunk Ist, 68, 1910 .J&J 107
J&J
N. W. Nor. Car. 1st 68, 1938. .A&O
E. R. & £. Div., let, 68,1921.J&J 109
1091s
75
General mort., 78, 1901
A&O 126
lOlis 102
2d mort., 2-68, g., 1936
Norw'h&Wor.— l8tM.,6a.'97..M&8 5107 109
Consol. mort., 78, 1915
J&D 135%
109
101
H. T. C.& C. l8l,68,g.,1927.A&0 99 100
Nashua & Lowell— 6s, g., '93. F&A J10U%
Ogd.&L.Cham.-Con8.6a,1920.A&0 J
,
ConBol. 5s, 1939
27
J&J 831s 84
Income, 68, 1920
5b, 1900
5 25%
F&A Jl04 103
11218 Nast.Chat.&S.L.- lBt,7s,1913.J&J 128% 129% Ohiol. & W.— l8tpfd.58,1938..Q-J
Iioniav.&Nashv.— Con8.l8t,7s,1898
M&8 IO7I8 109
112
Oeoman Br., 7s, 1907
Ind. 81. &W.— lat, pf., 7a, 1900.. 116% 118
2d mort., 6b, 1901
J&J
113
M. O. & MobUe. 1st Gs, 1930.J&J 120
Consolidated gold Ss, 1928. .A&O 102% 103
O. &Mi8a.— Cona., e.f., 78,1898. J&J 112
il5is New Haven & Derby— Con. 5s,19 18 108 s
2fl,6e, 1930.. ..J&J
do
Cona. mort., 78, 1898
J&J 112
I8t68,
1919
112
E. H. &N.,
J&D
New Haven &N., 1st 78,1899.. J&J 115
2d\)on8ol. mort.,7B, 1911. ..AAU
117
Sen'l mort., 68, 1930
J&D
iBt.Spriugl. Div., 78, 1905.. M&N iia" 112%
Consol. 68,1909
A&O 120%
ton'v.C.&Lex.— l8t,78,'97 ..J&J 107 108
101
J&D 96
N. J. Junction, iBt, 4s, 1986. .F&A
let gen. 58, 1932
89 100%
2d mort., 78, 1907
A&O 124 125 N.J. & N.Y.— lat, 68, 1910. ..M&N
Ohio River RR.— let, 58, 1936. J&D
llem.& 0.,8tl., M.,78, g.,1901J&D S118 122
92
N. J.Sou.- Ist, 68,1899 int.gu.J&J
Gen. gold, 5s, 1937
A&O
112
IL&Glarksv.,et'g,6s,g.,1902 F&A el09
108%
N. O. & Northeast.- Prior l.tis. 19 1
OhioSouthern- l8t68,1921...J&D
110
fensacola Div.,l8t,68,1920..M&S e
117
Gen. M. 48, 1921
M&N 65 67
N.Y. & CHn.-£ M., 68, g., 1904.M&N «115
Bt. Louis Dlv.. iHt, 6s, 1921. .M&S 116
101% OhioVttlley-Gun.M.,5g.,1938.J&J
N.Y.C.& Hud.Rlv.— Ext'doB. M&N
Ar,
2d., 3s., 1980. M&S
60
F&A 6108 108%
let coup. 78,1903
J&J l;i5 i-.;5% Old Colony— 6s, 1897
JADi6104%ll04%
leb. Branch Exteneion,1893A&0 100
Debenture 58, 1884 1904. ..M&B 106% 107%
68, 1895
wash, enjuv., iBl 7b, 1U00...J&J 113
M&S\U03%'104
do
5e, 18891904. ..M&S 10t>% 10:%
1894
o.(J!No.Ala.,8.F. 68, 1903MdtN 111 114
51u4% 115
A&0
do
48, 1890-1905 ...J&D 100
4%8, 1904
12*'
T<»t>.f..»+' P"V
8 ilingmort.. G.'). g.. 1903. j&j
41««. 19117
22
J&l) ^M02 !102%

102%

8178

ifi.

,

1

)

I

. .

I

.

.

.

,

.

1

.

,

.

Q^

I

I

*

moe aomiiuu.

fi

irueJiuer^alsopf^rgMoruediotereaU tIaI<oudon,

.

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la Aiusterdam<

t

Xn FiaakIort,|Qeniuui7.

FJF

Decembkr

J

THE CHRONICLR

17, 1892.]

1027

OBNKKAL QUOTATION3 OV STOCKS AND BONDS-Ooimmm,
>or K»pUi>»UoM»
Railroad Buho*.

OM

(

Bid.

Raiuioao

JAi loa

103
111
113
103 108%
63 >«

B. ('. K. .V N. B., 5t, 1910 ..JAJ
N. ll>MUor<l KU., 7s, 1804 ..J&J
Omaha A st L.— lit, 4a, 1937.. JAJ
OraoKP lirlt— 1st M.,Sa, 1907.. JAJ
JAJ
OreK' <fc <'>>'— 1st S*, 1937
.

W\

»7

Nhv.— IsCtts, 1909.JAJ 1101^

Ji

86
76

J*IJ

Con.M.r.f. IBSfS

Coll!iii:.il trust's, 1919.... UAB
Osw.ji KniuK— 1st M., 7s. 191S.MAM
2.1. «.

Ox.ACl.

.'~
:).

88

130
107

***

K""-. 1915

-I«l, ii.Al.KU. fls.UAN
.r.,«H 1937..

let U

MAM

M.,7s.g. '97J140 S103
i-m,

Bull!-

191U....MAN

I

i.in.M. 6s, 0, 1910.J<kJ
Cous. .M.. tl9,oi).,'06.J. 15 *1). IS
Coll«t<Ti\l trust, 4>as, 1913. .JAL>
MAS
Consul. )«, op., 1919

fi-nu.liU.

Eiiiilp. Tr. 4s, series

Peuii.

( ".,

Peon.

Ci>.

A

Q—

68, coup., 1907. .Q.—J
1st M.,4%s,1931,r.JAJ

108 >«
100
loo
IDS

99

9S
129>a

109 >i
111

58,

1926.JAJ 106

I10>t

M

"(Hh

68

104 >s
108

AAO no's 112
PUU.A E.-O«>n.Eiiar.,6s,g.,'20.JAJ
AAO 1I3<«
General 58. 1920
AAO 101
General 4b, 1920
Sunb. A Erlo— iBt, 7s, 1897.. AAO
130
riUl. AReading— l8t, 6s, 1910.JAJ 127
AAO 103% 104
2d, 78,1893

JAD

JAJ
Trust certs. 4s, 1921
Pled. A Cuinb.— 1st, 68, 1911. FAA

Plt.C.C.&St.L.cou.4>«s \,1940AAO
Cons. ms.seritsB, 1942. ..A&O
Plttsb.(;.A»t.L.— l8t,78.iy00.KJiA
Plttab...l.&Tol.— l8t,68, 1022. AAO

Ptttsb.ACon'Usv.— l8tM.7s,'98.J.tJ

AAO

103

lat oonaoL, reduced to 4>aa .JAJ
Montana Ext., Ist, 4a, 1937.JAD
Pao. Ext., lat 4s, £, 1940... .JAJ
Mlnn'a U'n. 1st, 6s, 1023 ....JAJ

101

St.P.ANo.Pao,-Oen.6s,1938.FAA
aan Ant. A A. Paaa., lBt,68,1916. J AJ
......JAJ
1st. 68,1936
San F. A N.P.-lst,Ss,g.,19i9... JAJ

121

1917

U.

fi3>«

7m
71'a

M

A

W.— 1st, 6a, 1034. .AAO
teT. Fl.
At. A Gulf, con. 7s, 1807 ....JAJ

ra. lfid>'d.-lataMr.,6a,

AAO

A

Fla.— lat, 7s,
Bo. Qa.
2d, 78, 1899

1899.MAN 105

MAN

Scioi.V.AN.E.-lat,g.,4s,1989.MAN
deaboard A Roan.- «8, 1916. .FAA

So. Pao. Branch— 08, 1937....
So. Pao. Coast— iBt gu., g., 48,
ao. Pao., M. M.— Ist, 68, 1911

104

82%

107

IM

MAS

.MM

Oab. aart..a8r<«a A. 1030.. ..JAJ
Dab. mort.. aertea S, ia39...JAJ
37
Del AChle. Bxt.aaMt-1941 JAJ
Bt.l<.K.C. A N. (r.aaUrR.).7».MAS 107
do Bt. Cka-a Bride* 6a, 190B 10«
da Me. Mo., lat, IMW.. JAJ 100
W. Jerwr A At. 1 at M.,dal910MAa
Weat Jerser-1 at, ea, 1896
JAJ

123

71%

AAO

Ter.KK.A.rtt.L.l8t,g.4'«,1939,AAO
Terre U. A Ind.- lat,7s, 1893. AAO
JAJ 106
Consul, mort., 5a, 1926
Terre n. A I.K)g'pt.— lst,gu.,6a,JAJ 110

JAJ 105
and 2d, 6s, 1013
Tax. Cent.— l8t,8k.fd.,78,1909MAM

82<a

105

,

.

.

Weat.N.y.APana-lai;6a.l837JAJ
3d m., 8a (.-68 a«. 1027.. ..AAO
Warren A Frank., lat,7a.'9e PAA
Wn Mo.Car-Oon.6<Lgnar.l914JAJ
Weat'nPenn.— lat H7. 6a. '93. AAO

Wheel. Dlv., lat, &B, 1938 ... .JAJ
Extens. and Imp. 68, 1930.. PAA
Consol. 4s, 1902
JAJ
Wllm. Col. i Aug., 6a, 1910 ..JAD
166% Wllm. AWeldon— 7s,g., 1896. .JAJ

88%

82''8

106

98%

iu%

SyraouseSt.B'y.— l8t.5s,1930.JAJ

MAM
A Mew Orleans— lst,7B.FAA

104
109

105%

1937
.JAJ 106

114\ Syr.Blng.AN.Y.—oonwl.78,'06AAO 127

iBt mort., 78,1911

lH"

106

Spok.FallsAN.- lBt68,g.,I939.JAJ
100
State L. ASul.— Istes, 1899.. .JAJ {i02%
SUt. Isl.R.Tr.— l8t68,g.,1913.AAO

96 >i Texas

SS

.

6s,

117%

JAJ

1935

WlnonaAS.W.- l8t,6i,g.,193S.AAO

80%
Wlaoon, Cent.Oo.— Ist,5sl937.JAJ
Incomes, non-cum.. 58, 1937
Wore. Nash. A R.— 5a, •93-'95. Var.'jlOO
|

Naah.ABoah..gnar„9a.'04.AAO,(l01

raiHCELLANBOVS BONDS.

Amer. Bell Teleph'e-7a, 1898.PAA }1 1 1 % iia
Am. Oot,OII— M. g.8a, I990..Q-P 118%

Am.WaterW'aCo,- Ist 6a,I907 JAJ

JAJ
Ist con. gold Sa, 1907
Amer. 8teamBhlp-ea,189e...A,!kO' 103%
Boston A Montana— 7s. 1698. .JAJ {104" 103
Boat. Un. Ga»-6a, 1939.ir.reo.J.U f 87
87%
CababaClMtn.— latg.7a.I907JAJ 110 113
Chea.ADel.Can.— IaI5s,1916.JAJ

94% 94^

ChlcGaaL.A0.-g.5s,1937..JAJ

Chic. June col. K. &a, 1915. ...JAJ ; 80% 100
Colorado Coal AI—6a, 1900... FAA 104
Col. C. A I.DeTeLga.3s,f.,I909.JAJ 107

05

Col.Aao<>K.C'lAl'n-g.6ii.I9l7.JAJ

14

Oomat'k Tun.— Ist In. 4a,I9I9.MAN

OonaoUd. Ooal-Conv. 6a,I807.JAJ
Denv.Clty Water Co. 5«,g.'10.MAM
Denver Can. Gas latea, g.... lOII
EdlaonEleo,ULOo.-lsU?>s...l9IO
Do B'kljrnlst, g.,6i>,IB40,AAO
Eq.G'f AF.,Chlo— Istg.6iB,1905 JAJ
GeneralElec. con.&a, 1823...JAD
Gr'dB.Cl.AC.-Iatg.6s,1919 AAO
Hecker-Jonea-JeweU MlU'g lat. Ba.
Henderson Bridge—6a, 1031 MAb
79«B Hobokan L. A Imp. 5a, I910..MAN
IadlaaapoUaGaalat6a.Ij20..>IA>
28

IS

116%
101% 103

Conaol. Gaa. Balt-Sa, 1910... JAJ
JAJ
Oonaol. 6a, 1939

106

97

Sabine Dlv., lat, 68, 1912.. .HAS 104
83 >4 Tax. * P.-East.D.lst 6a,1906.MAS 105
JAD 79%
107
lat gold, 6s, 2000
Mob 27%
2d gold inc.. 5b, 2000
JAJ 112%
Uio 111 Third Avenue 1st 58. 19Jv
98% 99%
Tol. A. A-ACad.- Iat.«8,1917.MAS
Port Royal .s Aug.— let 6s, '99 .JAJ
fs"
JAJ
Tol. A. A.*Gr.T.— lBt,68,l921.JAJ 116
Income mort., 6«, 1809
IIOI4 To). A. A. A L,ake Mich.— Ist Os ...
90
97
Ports.Gt. F. &Cnn.-4>«», 1937.JAD &110
95
Tol. A. A.&.M.P.— l8t,tia,I01«.MA3 102% lu4
Potomac Val.lstgu.Ss.g., 1911. JAJ SO
rol.A.Ar.AM.M.-l«t,8a,l924.MAM I03i>8 104
Pres. AArlz.C— 18»g.»>8,i9l6.J«J
JAJ
110%
IstoonsoLSs, g. 1010
JAJ
2d Inc. 68, 1916
ToLAOUoCeut.— 1st, Sa, gn.193.) 109 II
ProT. A Worces.- 1st 68,1897.A AO 107»s 109
1938.
Ext.-lst,
Ss,
90
95
g.,
.JAJ
117
118
TeL
A
C.
}
1898..
O.
Ss,
Raleigh & Gaston—
97
Do do guar
Een.*8'toga— l8t7B,1021 cou.MAN 142
* 22"*
1915..
1st,
6s,
MTn.,
96
Marietta
g.,
103
106>«
109
1915JAJ
Bleb. A Uan.— Gen.m., 68,
AAO Hi 80 ToLPeorUAW.-l8t.4s,1917. ...JAJ 81
Debenture, 68, 1927
Tol.Bt.UAK.C.,lst,U8,1916...JAD
88% CO
74
Con. mort. gold, Ss, 1936. ..AAO 71
Tror A Boston 1st 7», 1924.. .JAJ V...
MAS
Equip. M. 8. f. 5s, 1909
1928
JAD
102
ADeL,oon.,5,
i08%
gu.48,"24.FAA
UlBUr
Waah. O. A W let
MAM 113
United Oo'aMJ—Gen.6a,1901.MAe 115 118
fUcU. A Petersb., us, 1916
1923
FAA
4s,
gen.
103
do
1894
101
Blch. York B. A Chea., 1st 8s,
M«8 (107
gen. 48, 1939
do
MAM 87
2d mort., 68, 1900
MAS«I03
68,1894..
105
74
BterUngdo
1897.
FAA
71
Blch. A Weat Pt.Ter., Os,
6s, 1901.
MA8ell7 120
do
44>4
44
Con. col. tnwt. let. 5s, 1914. Mdi8
JAJ
lst.6a,g,
1896.
Padflo—
107%
79^8
Onion
JAJ
79
Bio Grande Wcat., 1 st 48,1939.
JAJ 108%
92>«
1st, 6a, 1897
BloGr'deJuBc.l8tgu.5s,1930.JAD i 91
JAJ III
lat, 6a, 1898
80
Bio Gr. South.— 1«', 58, 1940.JAJ
JAJ 112
90
lat, 6a. 1899
Borne A Carrollt.— lat, 08, g., 1916
MAS
103 104
1893
F.,8a,
114
Sink.
Borne W.AO.— Con.,ex.58,'22.AAO 113
MAM 110>t 111
Om. Bridge, atari. 8a,g., '8S.AAO al09 113
Botlanu— let M., 68, 1902
6s,
1806
....JAJ
98
OoUateraTtrust,
F.JtA
lom
tlOl
Equipment, 2d Sa. I(j98
JAD 83
Ss, 19VT
tJo. AGr. iBl'd— l8t,guar.6e,192S. 93 >« 94>e Collateral tnisi,
4%a,1918..M,kM
iriut
68
Collateral
37
3d mort.. Incomes, 58, 1925
Gold 6a col. t'at notea. 1894.FAA "w" 9s%
Kan. C. A Oin. iBt Ss, 1927. .JAJ 70
Truxt
Sa.........AAO
88%
Equipment
'94.
Var
106
Stl* Alt.AT.U. l8tM.,7s,
Kana.Pae., Ist, 6s, 1809... .PAA 106%
Var 104 >• 105 >t
8d mort., preJ., 7a, 1894
JAD 105 106
do IstM., 6s, 1896
MAM 101% 102 >*
8d Income, 7s, 1894
do Den. Ext., 6s,1890.MAM 110
64
Dlv. bonds, 1804
M.,6a,1919MAM
108
cutis.
1st
do
BeUeT.AB.Ill.,l8t.8.F.88.'96.AAO 111
Oen.Br.U.P- A.Al'.P.Oa.'OSMAN 103
Believ.A Car., l»t Sa. 1923. .JAD
Ta.
1895
...MAN
100
oouiwii
Fund,
Chat L.APad.,lBt.g., 58, 1917.. i'oo'
80
Atoh.Oul. A P., lal.6a,1006«).-F
80
Bt. L South., let, 4«, 1031. .MAS
83
W.,lst,6a.l905.«I,-F
AtJ.Oo.A
do 2d, Income .'la, 1931 ..MAS 73
74
O.P. Lin. A C, latj(.,6a'18AAO
Carb.ASbaw.,letg.48,1932.MA8 80
'Vi'
Oonsol.
A
U.
N.
73%
Short!,.
Oregon
69%
64%
eo.ff. Ist, g.. 48, 1989. .MAM
et.
77
CoUat Tni-n ,-.«. 1819 ....MAS 74
JAJ 2G'4 27%
2d.g.. Inc. 48, 1989
KU
niwrfonHhort.l, •!«. lo-aa .. F.»*
Bt-L. «8.F.— 2d6s, ol.A,1906.MAM 11U% Ill's
.^-....-«
..U^Aa^.^ •.
' filee nominal, i Puroaaser aiao vf^ iMviue'A....w.v4n

U

MM
MAS

naranlMd.alamped.

do

|87%

AAO 104%

lat

JAJ
2d 68, 1034
Pltte.Paln.AF.— l8t.g..c8,l916JAJ

IWM.MAS

Sda«rl«a,ea.I91l
Maarlaa, Sa. 1016
4tt aailaa, B-i-Oa. 1031
i&Mrt«|,Ba, 1»3«
QBaanfaa. 1936

70% 71
Pitta. Br., Ist M., 6a, '86
JAJ
100% 110%
Gold 4a, 1928
JAD
109% 110% WbeeUngA L. Srle— l8t.5a,...102e

2d mort. guar. 68. g.. 1926... JAJ
102>6 8imb.Hax.AW-B.— let .5s,1928MAN 103%
MAN
2d mort., 6a, 1938, res
Sonb. A Lewlstown, ) s, 1896. .JAJ 107
Snap. B. A Erie Juno. -1st 7s, 1900 111

JAJ
Plttsb. June. l»t lia. 1922
Pltutb. A Lake E.-2d,58,1928
Pltteb. McK.A Y.— l8t,68,l932.Ji*J

JAJ

.

Var.^ Maaa.—Ctaar, 6a. 1003. MAN

SandoskyManaf.AN.- lat, 7a,1909 122>«
Sav.Am. AHon.oon.,6,g.,1919JAJ

98
101
102

—

4a, a. \o3fl.

Vaid«]rotOkh>-OoD.fa, 1931. MAS

lBtM.,7B, 1890

105

131
141

B.-ao«.

.

874

103

114>4

A Bl.

yu«a OUa.ABlBc.lBi B,t0n JAJ

116
Weat Shore—Oaar. 4a. 3361. ..JAJ
Montana Cent.— 1st, 6s, 1937JAJ
116% WaatVa.C.APItU.-lBt.ea,191UAJ
iBt, guar., K , &B, 1937
JAJ 103%
Weat. Va.Al>ltta.— Ist9a,1990. AAO
Eaat'n,Mlnn.,lBt,g..58,1008.AAO
102
WeatManrrd— 3d an.,ea, 1900.JAJ

AnatANorw.— l8t,.is,g.l941JAJ

76

Sterling cons. M. Ua,g.,guar.J.\iJ'«liO'
Plttsb.Ft. W. A C.-l8t,7s,1912 Var 139
Var
2d mort.. 7e, 1912
AAO 130
3d mort., 7b, 1912

Pltte.Shcn.i L. E.lBt 68,1940. AAO
Pltteb. A We8t.-l9t, 48, 1917.JAJ
Pitts. Y. A Ash.— l8t,5»,l«27.MAN
AahUliiHa A PitU.— Ist 6b. 1908.
Portl'ndAOgb'g— lBt68,g.,1900J AJ

111

JAJ
68. coup., 1926
90
3eat.L.8.AE.— lst,gold.6s,'31.FAA
jham.Snn.ALew.— lst,58,'12MAN 101
Sham.V.A Potts. —7s, con. 190IJAJ
SO
80. Oen. (N.Y.)—Consol. mort., 5s..
H5\ So. Carolina— 1st M.,6s,1920..A<»O 105% 107
75>« 751s
JAJ 90
2a mort.. 6a. 1931
«8ifl 68 >«
Income 6a. 1931
10
S9>4 to
So. Pao..Arlz.— l8t,6H,1909-I0.JAJ 103
60
80 Pao.OaL-l8t,es.g., 1905-12 AAO 113
AAO 93 96
latoon. c, 68, 1938

PWl.W. A Bait.— Keb.48, iai7AAO
AAO 106>« 107
6«, 1900
68.1910

,

116

U

Con8ol.M.,7B,1911,reg.Acp.JAD 127>«
JA1>
Donaol. mort., 68,1911
taiprovement mort.,68, '97. AAO 106
Cons. 58. lot serl6»,1922....MAN 104
Deferred income 68
JAJ
Kew gen. mort., 48, 1958
let pre(. Inc., 58, gold, 1958.. ..F
P
2d pref. Inc.. 5», gold, 1958
Sdpref. Inc., 5e, gold, 1958. ...F
3d pref.. Inc., 5s, convertible. ..F
Term. 59, gold, guar., 1941.(i.—
ftail. Kead. /i N. £.—48, 1942
1952
Inoonx'B, C'la»8 A
1952
Income!), Claaa B

lUif

ri.8.A T.B.Bd.,lat,ea,1910. AAO "9q"
B(.L.lC*8o.W. -lal ea, ISlSMAfl
Kaaaaa Mld,-lst. 4a, 1937.JAD
St. Loula Salem A Arkanaas-Sa.
91
St. L. W. A W.,6a, 1910
MAS 1110
».
V. A T, H.-lBt M., 7a, "S? JAJ no's
3d mort., 7b. 1808
MAN 106
Sd,7B, guar.. 1808
MAN 108 «
n. P. A Dalath— lat, 6a, 1981. FAA 107>a
Ss.

MM.

IJtJe.-(Oam.)-a«B.,7%t90». JAJ
110>B lll>a
^ ^ lie Bit,lm7a,lfO»l*J

alOS
J*0 100
JAJ lOB

.

.

PetersburK -Class A,
Class B, 6s, 1926

MAM

BqalpiiMat78. 1806
0«aaral mort.. <s, 1981
G«neralmoit.,6a, 18S1
JAJ
lat tnut, R.. 6a. lbH7
AAO
OBn. «ll.^4a, f., 1090
AAO
Kaa.0. A8w., lat,«aj(.,19ie. JAJ

Sdmort.,

107

^IAN 69
admort. 4>«B, 1921
Ferklomen— Istser. 58, 1918 Q-J 104
Q.—
2d series 8b, 1918

aiuoa* anb imon. Uon*,

Bid.

•tP.Mlnn.A Man.— lat 7a,1909 JAJ I10>4
Sd 6a,1900
AAO 116 117
Dak. Bit.. 6a. 1910
118
MAN
lat eonaol. ea, 1033
JAJ 120

eeua.A N.Y.Can.— lst.7s,'96.JAD 108

J*D 184
lstmort.,7s, 1006
AvdO
ARR.ooDFi>l. 48.193!)
JAJ
PeoD. AN. W.-fts, 1030
Pa. P. A Boat.— iRt, 6s, 1030. .JAJ
reo. Deo. A Ev.— Ist. Os, 1920. JAJ 105 1«
MAM 67
2duiortKaKe, 58, 1926
Kvansrllle 01v.,lBt 68.1920.MA8 101
-lRt,68,1921.q-F
112
Teo.A Peklu Ur

Bon*

I.onla
4. P.— (oootlniMd.)
Hd M., Os, olasa B, 1906
3d M., 6s. okasa 0, 1006.. ..MAN
lat m. Mo.
W. 6a, 1919 ...PAA

A

gaatao—a.

•€ WtrM r««« >f

A

St

olonv- (CoDtlnued.)

4m. HrJ-i

On-t;.

w— Wot— at 11—4

87% 100
109%

|

109
101

103% io3%
100% 100%
110

. .

113

99% 100%

Iron St«AmboatCo.-6a. 1901. JAJ
LaoledeGaa.St.L.— 6a.I919..Q— F

86%

85

L«blghC.AMav.-M.4>«l,I91Aa-J 109%
«£-F 108
RR. 6a, 1897
MAS 103
C,<avert.6s,I894

19JAU 111%

Mort. 6s, 1897
Consol. mort. 7s, 1911
Gen. mort. 4%s. Iu24

J.AD 129 131
U— P 103% 108^

Mau.BobH.LgfU.lBg.intO .MAN
Mut.Ua.Tel-4<x.(d.tis,101

.....

I.MAN 113

Sat-SfrchiUr.Co.- ! 8t,g.«fl,-20.MAM
New Eng. Telephone. 6a,1907. AAO

i'i6~

!05

{104% 106

Orleans Pao— land grants...
.V.Y.AOot.L'd-lBtg. 68.1910 PAA
Northw'n relegraph-7a,IOOt JAJ
Oregon Imp. Co —lal Oa, 19IO. J AD

Now

108%
100% 101

AAO
JAJ
MAM
PeUD. Steel— lat "is, 1917
People'aG.AC.Ch-lat.6,g.'04JiAM
JAD
1904
do
8d

S3

Conaol. Sa, 1939
Penn. Canal— 6a. 1910

61

103%

Peoria Water Oa 6a, (..lOlO.MAM
Pleaa. VaL Coal lat6«j|.194u.MAN

100

97

101

Po'k'paleBndge-lai6s,l936.PAA
Proctor A Gamble Ist 6a. 1940....
8t.L B'dgrATan.— lBl7s.I838.AAO
^ourtiyCur. l.^tg. 6a.luil MA!(

10/t
>!l'<7

8%
3%
%
AlOa
%

Ala.Gt. Sooth.— A., ea. pt«l.,.A10a

AlOa

Ala.N. O. APao..

Ac.. A.

praf.AlOa

:s

9%
S
1%

%

B.da(.
do
do
...._ ...._
Alabaaui AVIekaborg...
AiDaaj « saaqoan.. Guar.. 7... 100x168 170
Santa
Pe..loo
SJ^ S4
A
AtohlaonTopeaa
AllnnlaAr-hs'lott* «i» t.ln« .l*i
»\^90
'

I

»4
97

106% 1C«

CoUat. trual ear. 6<, 1838.... J.kJ,

Wh L.E.A P.Caallstg.»a,l»itf.J*J
Woodst'ck Irou— lstg.e«. IStOJAJ
STOCKM-HAII.ICOAB. Par.l
B,eommoo

133

9«% 97%

Tenn.C.I.AR —T.dv.lst6a,'17AAO 9J%
94
BIr. dlv. lat COD. ea. 1917.. ..JAJ
W'nUa.-Deb.7a.l876-1900..M,k.'<l 112
MAN'
Itabea. 7a. 1884-1800

AM

1«-.

.

.

I

)

1028

[Vol. LV.

gUUTATiyNa. OF SXOGKS

GSN-S.RA.i.

—
-RAtLBOAD BIOPKB.

Brplanattgirii-SWrT» ot8 «TH iHead

For
Ask.

Bia.

Ratlkoai) stocks.

* W.P....100

Kan.

S9
100
4
AtSantic & Pac
45fl
AnK.&8av.,leaBea,100 108 110
94% 95
Baltimore & Ohio. J 00
95
Benef Int.Certe.lOO 93
•do 1st rr6f.,6..100 132i«
100 122
do 2(1, pref
Atlanta

reO.

•^do^

fAVe trie &W....100
do
Prel.ioo

Bos. & Maine pret. 100
Bo8.&N.y.A.-l.,i>1.100

144
101
100 2S2
Bos.R. Bcacli&li.lOO 1V2
Brooklrn JSlev't'a. 100 32

144^
2521*

Uttle Bohil'k'K.....50

122%

ljon« leland

Bnff.Eooli.& P.. ,..100

36Ja

S4
88

do
Prel. 100
B.C. K.&Noitl)..100

85H

8eh>

58

J3h

Oallfomla Paelflc. 100
Camflen A Atlantlc.50
do
do Pf.50
Oimada Southern. 106
Oa aadlan Paclftc. 100
^ do
•do

25
66>4

•8»%

7
58

2d pre*.. 60

56

....,-30

l8t

•

7

pfl.M

Cata^ega

65
15

L. 8h. ftMlqh.8o..lo5
;ehli;h Valley... vj. 50
r.Utie Miami..-.69

-

2336
7&»«

raw

.

-....fto

Pref.lOO
i.Chio.loo

Pol.

TeiWO

Units, bt L.A
LouloTiile gouth'D.Soi

Pol.

ALaw'ce.i^OO

&

pref. 100
St.

P. 100

pref.. 100
CMC. Nortfi-n^'n.ioo
do pref., 7,. 100'
.

,

&
OMo. * Kor. Pac
Ohio. K.

A

I.

.'.

100

Pac.. 100

O.Bt.B.M.AO.^CbUllOO
do
uref.lOO
OhJe. A Weal Mich, loo

A

On. Ham.

Day.ioo

Clnc,N.O,& T.Pao. 100

Oln, Sand. A C.pf. 50
CTnoiu. & SpriDg.';....
Oltfve.

A

do

IT

,

,

6994S«|

ittii.l&O

01.&Pltt.,«nar.,7. 50
OoL Si Greeii.iptej.lOO
Tol, H.VaI.AT(Pref.

'

-

d^-

ST.y.

West Jersey
.50
West Jersey A Atl. .50
Western Mapyiamj 50
We.st. N. Y.A Penn. 100
Wheel. AL. B
100
do
preT.lOO
Wtl. Columbia A A. 100
WUiulngton A Nor. -SO
WUm. A Weldon. 7.100
Winona A So.WestlOO

2&'b

73

do

N.

^k

'is"

.47

fi.V,
..25

4i»

%

r.ioo

42I4

..too!

26
66

-.100
ill

f,0

Norf.lOt*

...100
.1.100
su. .mn'g.lOO
Pennsylvania Coal. 50
18 f, Quicksilver Miu'g.lOO
O8I5
do
Pref.lOO

68
11
59

Pref.lOO

iQie

I

14

63

.

•

.

Rlobmond York R. AC.

Bio Qrunde West. loO
do ^ pref. 100
" ^^
MV\
R'^

Purchaser also pays acorued interest

310

i

12
17

4%

3

Bid.

do

Ask.

80
32

4%

3%
109
105
130

12%
116

111

106
140

Amerlcaii Bell..
Erie

Hudson
Mexican

A

Int. Conduit
tns.lOO
;N. Y. Phonogniiih Co..

Edis'nPhou.ToyMf.Oo.
North Ainer. Phon. Co.

150.

10 850.

.-;...

New Jersey. 100
England'.
100

New

Troplnai..-

'IRCST CO»S

do

i)ref..lO0

105

50

7%

do Europ.W.Co.lOO
V. 8, Illumlnat. Co.lOO
West. El. L. Consol.50
Do
pref
51

)
I

OAS STOCK!*.

Bait. Consol.

Bay State

Gas .100
50

40
34
48

25 140
20 113
Fulton Municip.lOO 1.50
Metropolitan
100 125
Nassau
25 165
People's
10 102
Wliflamsburg ....50 146

Brooklj-n

Citizens'

Charlestu.8.C.,Ga8.25
Cbartlers Valley. .100
Chic. Gas tr. rec.lOO
Clnoln. Q. A Coke. 100

Denver Consol
100
Hartford, Ct., G. L..25
IiidanapoUa, ;.ud..50
Jersey (iiyOas light.
People's Gas Light..
Louisville Gas Light.

Memphis Gas
Gas L.lOO

N. Orleans

N.Y. City^ central. 50
Consolidated
) 00
Kquiteble .:.:.. .100

98

68

b»

10

330
475
1100
140
750

170

275

300

160
430
635
215
300
162
215
710
885
100 135

160

Metropolitan.
.100
Nassau...
100
N. Y. Guar. A Ind.loii
N. Y.Lile A Trust. 100
N.Y.Securlty A Tr.IOO
i'eoples'.BrooklyulOO
Real Estate L.AT. 100
btite
100
UiBon
....100
United States
100

Washington

lOe.

8c.

225

750
890
190

Am. Bank Note Co.. 50
Am. Cotton Oil
100
do

25 c.

108
6a
9

45
36
49

50

52

42% 43%
80% 81%

pref. 100

American Expres.lOO 127
Amer.Sug.Ref ,Co

121

107»8 107'%

do
9ct
pref
9S%
American Tob. CO..50 122 123
do
pref.. 100 110% 112%
Aspin-ivali Land
10 « 7%
7%
Boston Land
.10 t 5%
6%
Boston Water Power.. s 2
2%

4%
7%

Brookllue (Mass.lL'do s

Brunswick Co
100
Canton Co. (Bait.). 100
do Pref
100
OlaflluCo
100
dolst prof.non-o. loo
do2d pref. non-c. 100
Oon. Kan. C..8. A R.,26
Det.
Dist.

6

8%

73
U. St'k Yds 107% 10»

96% 97

113
100
101
150
100

110
5
J

146
90

Uu.D. ASl'n.lOO
AC. Feed. Co.lOO

69% 69%
<
s

Hecker J.-J.MUling.pf
Heuderwou Bridge. 100
Illinois Steel
100
Iron Steamboat. -.100
Keeley Motor
50

S%

5

4%

5

70% 71
I

I

2
3%
15% 16%
43% 43%

6
Maverick Land.... 10
2%
Metropol. Tract'u.. 100 138
18
Mex. Nat. Uonstruot'n
Morris Can., gu. 4.100
do pf.,gu.l0.100 200

8

2%

139%
23

202%

80.
Mt.Des. AE.S.Land.6. 60.
141% 142
Nat. Cordage
115 115%
do
Pref
49%
National Lead Co
49
pref
do
93% 93%
44%
113% Nat. Lmseed OH Co... 44
Nat. starch M. Co. 100
36% 36%
162
103 105
Ist Pref

59%
28% 28%

59
r

8O0.:

911%

.A.tlantio

Thoui.-H. Bee. Ser.0. 10 »" 914 "9% Lamson Store Ser. .60
LehigiiCoal ANav. 50
do
do Ber.D... 8 7%
8
Manh'tt'u B'oh Co.lOO
Thom.-H. Internat. 100 242 250

Thorn. Welding Co.lOO

208%
50%

lOOa 208
100
50

N.Y. A

2d Pref

N. y. Loan A tmpi-'t.
Nort'i AiiiericauOolOo

xl02« 103%
48

11% 11%

22% Ncithwest Equip. 100
-.'i-egou Improve. .100
94%i
PaolUo Ma! es, Co. 100
94%
Pennsylv. dt-Wl ..100
194 195
P. LorUlardCo.p!'..10O 118
64
80
Pougu. jiildge .. .100
30
Procter A O. Co. .100 107
124 1.27
Pref. 8 p. c. cum.100 115
180
PoUm'n Palaoe CArlOO 197%
140
11
129 130
Ban Diego Land.,
St.Louis B'dge,lstpref «106
100 8 50
103% 101% 2d pref. cert
90
St. Louis Tuu. RK.IOO eiod
to
124% 126% 8t. Louis Transfer Co
Soath'u CoctouOll.lOO
175
142
Texan Paciilo Coal....
Tax.APao. L'dfr.lOO
90
a .J. Rv.rMHs
-loni 60
1

.

.

<

. .

Rivet.'.. ..100

13
East Bosoon Land
115% Frenchman's Bay Ld

118% 117

pref. 100

80

95%

TELSTPIIONK.

C. J. K'y's

Brush, Bait., pref. 100
Common
loO
Con. Eleo. Storage
Edison 1:1. Co. of N.Y.
" ' Bklyn.
"
" Boston....
Ft. Wayne Elee.Oi).. 25
jQen. Electric Co. ..loo

Mutual
....100
Standard Gas.pt.iod

.

290

20
18
Tenn.CoalAIronColoO 36% 37
100
110
do
pref. 100

IjIGHX, &c.Pdr

•

50

70

ELECTKIC

1014

19
30
10
30
25

67
10
15

uiunrm

60

42% mS€'I.l,AIMEOU8
26%
STOCKS.
66% Adams Express... 100 153

2»%

I

News A Miss. Vah Co

1

as

113
18
28
13
28

..100

I

95

8.

do
Col. A Hoc
Ooft?"' 'Hoii;
Ijel!..'

.

(

1|17

lUINlNG

^

do
pref.ieo
39
38
North Carolina
100
No. P6nnOTivanla..50 « 84is
NorthernCentral...50
70
Onrrent River
Northeastern
15
50
50*48
100
Day. AMlon.,^.. 50 X 75
751* Northern N. H
100 X143H 141
16 's 17i«
do pf.,gu.,8.50 17412 1751* North'n Pao., com 100
DeL A Bouna Br'hlOO
do
Pref.lOO
48 Si 48%
Delaware A Hud. .100 1311a 132
Norw.A Woroesier.loO 17B 178
Del. Lack. A West. 60 151>s 1521a Of a. A L. Champ. 100
7
8
DenT. A Rio Gr....l00
1638 Ohio AMisa
100 20
22>a
do
do
pref. 100
51% 52I4
Pref.lOO
"5 2 is
Dea M. A Pt. D'ge 100
8
100
91s Omo Southern
Old Colony
do
30
prel.lOO
20
lOO I79I9 181
' Det. Bay City
Om.ABt. L
A A. 100
100
88i« 89
Det. Hills. A 8. W.IOO
do.
pref
100
Greg. R'y A Nav.. 100
DeL Lan. A North.lOu
5
8
75
72
Or. 8. L. A Utah N.lOO
do
pret.lOO
241a 25
21
21%
DtUnth B. 8 A Atl.IOO
12
11
Pennsylvania RK. .50 » 5414 64^8
do
28
31
Penn. A Noriuwest.50
prei.loo
ATenn. Va. .sya.lOO
41a feorla Deo. A Bv. 100
16% 17%
31s
35
Peo. A Eastern
do l8t pref, 100 25
12
100
7
do 2d pref.. 100
Petersburg
7% 9
loO 110 112
Saat Pennsylvania. SO s 89
Phlla. A Erie
50 < 3214
78I4 Phil. Germ. A Nor.. 50
Basteniln N.H...100
78
130%
BlmtraA W'm8p't..60 s
Phlla. A Read
50
5414 54»8
50
Phlla. A Trenton.. 100
do Pref
50
Kvansvllle A T. H..50 145
147
Ptuia. WUm.A Balt.50
59
57
Fltohburg
20
loO
19
161s I7I3 Pltts.Cin. C. A8t. L. 100
do Pref... .100 85
do
pret.
100
60
61 >4
851s
Flint A Pero Marq. 1 00
20Sk
Pitts. A ConneU'e..50
do
rttt8,Ft,W.A C.,guar.7 152
pref.. 100
74% 75
Fla.C6n.AP. -V.T.C'et.
s.% Pitts. Juuot
50
91s
do let pref. cum. 100 921a
Pitts.M.K.AYough 50 5123
do2dpf.nou-cuiii.100
3514 3613 Pllts.Va. A Charle8.50
Georfriu PaclBc.loo
Pitts. A Western... 60
8
9
Ga. RK. A B'kK Co.lOO 170
do
180
Pref.. 60
Gt. Rapids A lud.lOO
Pitts. Youngs. AA8h.60
Gt. Nortli. Kv. Bi'ef.. 135
138
do
:>r8f
50
Gr.B. W.A8t.P...100
13% I414 Port, baoo A Ports. 100
do
Pref. ..100
2e
2711 Port Boyal A Augusta
Har.Por.Mt.J. A L. .50
Prov. A Worcestfcr.lOu
82
31I4 33
Hartl'd&Ct. West. 100
Kens. A Saratoga. 100
HOUB. A Tex.Cenl. 100
Rich. P. A P., com. 100
8
6t
Htuitlng. A br.Xcp.50
Rlahmuud A P'b'g.lOO
40%
do
Pref.60
Rioh.AW. P.Tep,.100
55%
IlUnoiH Cenutu...i00
do
Pref.... 100
0»>i 100 1»

31 >s -40

•t'

2413

o«
43
95 >s
257

135

10

2,14

:»1106,

Norf. A Son,. ...... 100
I6214 lOS's Noi-l.AW68I,,cotn.lOO'

9H

«

.

STOCKS,

74% N.y.Bnsii.AWest'uaoO

182% 185

14

«

.

-^ruerioan Cual

l>rf-i

A

»

.

COAI.

AM:
Pa.AO

aOis N. y. Phil.

Class IV. (Oonq.)100
Oon.APort8.,gn.,7 lOo 180
185
Oonn. A Passiimp.l 00 120»s 121
C3oim60tlont Riverl 00 312
320
Obns. of Vt., pref 100
44

Price aoBlnal

111
24.

I

do

Cl.KB.C.AM.ptlOO 130

do le<it:bdl.,4p.o.l00
Iowa Central
1 oO
(Ui
PieiaOO

100

WaTT'n(N.JJ.l'sVl,7.50
West End (Bogt.)...50 sx70
do. pref. (Bos.) 50 s3tB4Ja

I

N.Tr.&North.,co!D.too!
•'

Western Unlcm

100 320
iTssi Brooklyn Trust ...100 470
21)4 Central
100
Continental
100 133
7614 Parmers'^oan & Tr.25 725
H5
Franklin..^
100 300
Holland.™
62
100
Kings County
100 280
i's"' Knickerbocker ....100 180
Loujf Island
7
100 240
21J4; Mauhhttan
30 125
.^leroantile;
lOO 300

Wor.Nash.A Rooh.lOO 12914 129%

N.y.X>nt.

154

-

Ool.AXen.,«u.,826 50
Oon. A IMoutreal—

18

60'

60
80
S5

751s

Wlsoonsin Cent. Coioo
••do
Pref.lOO

•

pret- 10'

37.
451s

pref..lO<(

'

A 8t. LIO'

Oley. C. C.

do

A

Col.lOO
Canton.. 1

CHe-Vttl. AJi.

Nashua ALe\TfH..looi
90 100
78%1 Naugatnek
78
100
122 1221s N'sqaehonlhg VaU'rSO
112 lJ2is NewH'u ANorth..lOO
141 % .....1 New LondOTiNor. .100
10% IJis! K.Y.Oent.AH.Kiv.lOO
sl% 81'el lf.Y.Gh,*8t.L.n6wlO0
4'9
•48
do
iBt pKif.lOO
do
2di)ref.l00
119»S 120
48
N, Y. * Harleiu ....50
49
182
40
N.T.LfM!k.&Weat...IOO
44
49
U.Y.l-.ErieAWest.aoO
58
5(5 >s
do
Pref.lW
^
I3»a lO' N.V.&N.Bligiand.lOO
drt
Pref.lOO
&iH 35
6
51a N.T.N H.&Hanf.lCO

10

. .

RR

50 102
50
76
78
100
95%

Paoiflo A Ailantio...
1014 Postal Tol. Cable
37-s South'nA Atlantic. 25

'iVo'

. .

do

.

MU.
do

North-* .1st. gaar

A tnd'uap.50
A Paolllo 100
Ann Arbor A N.M
A Ohio Cent'1.100
do
Pref... 100
Peor. A West lOO

Wabash

.

,

do

.

Vt.A Mas8.,l'sed.6.100 140H 110^
Vlriflnla Midland
100

.

Ollll,.

TELEUilAPH.

25
Tol.St.UA K.City. 100
li"*
do
pref.. 100
18
DiN.J.RR AC. Oo.lOO ?32J2
Onion Paeltlc
100 3s% 3!)
16ie 17>.
Up. Pao. Dell. AG. 100
1551'
Dtioa A Black Rlv. 1 00
Tol.

Manlmttaff, OOD.. JlOO
^Carq. H. A Out.. .JOO
do
Prpt,,5eo

.

85

.

Perie H.

OedarF. & Minn. ..100
50
Ma»9awlppl ...-•.-.ilOO 41*-» 117
tent, at Georgia. , 100
17% ISH Mempli. A Oharl .26
OeiitratMaeB.. .,..100
Ill*
47
HexlcanTJeMral . JO<»
4e
do
iprpJ.lOO
Mexlean Naf, *.R. lOO
O6tit.MN,J.(......100 125»8 126
56
MlohlKon Cent-.:. .100 i06%
OentrsaOWo.. ..,:.. 50
60
Mine HIU AB.H...
e 7&
do
Frel.:.50
29J» ^38^« Mlnneap &.8tjj'..il'
Oeaiual Pbc11I6,...100
20
10
do
PreT,',-.K»0
OliaT. Col.- -A ATtg-.lOO
22% 23 Mo. Kan. A T,;2.,...
Ches. & O;-V0t. xr. cer
Gl«8
do
pref... 100
do
Istpf.lOO
MlBsonr) Paotflo. . 100
do 2dpret.l00.
in,,
OWcaEo& Altoti..ldO 141 146 f Mobile AOhio
Morris A E-i
do
pret.lOO
Ohio. Bur. A Qnin.lOO "&8H 98%; ^"asllv.(^!at..
caao.AJJa«t.m...iDO 68>i 691a Nash. A Deu;u,.;
.

80

BK'KliYN
HORSE
RKS.

A Lewist'n.,'iO

Texas

.,«hv..lO(i

San:

Portland, Me., G. Ij.50

3-lis

i

Sunb'ry

27
Mahoning Cloal RH.
'
Pref.Ii
do
90 >4 Halne OentraJ-.-.itOi
8

Ask.

Bid.

Gas Co...5o]».

A

108
FvH.na.ABt-L.lOO
24

f-in.

72

331s

U

l>rS.

Boston&Prov

1.76

pref., 7. ..100

M18OEL. Stocks.

3l8 Pittsbuig

Louis. Latilede.lOOl
24
25
do
pref. 100
70
71
150 160
Ban Franoiseii Gas ..
70% 70''8
678 N.Tf. 4;
131* 1414
ZjOcal
Securities
in
"40 Is 4iia Chronicle eac/iwce/c
108 107
except S(t of month,
111>S 1121s
'183
ISO
Amer. 'Pni.A Cable. 100 85%
2
2% Cent. A So. Am. Cable 106 115
Ills Coraiiiur'l Cable ColOO 174
South. Cal prof.. ..100
11
Southern Pao. <M 100
34
341s Franklin....
..100
38
42
90
8'wuBt., Ga., «'<!, 7.100
Gold
Btouk
100 xlOO 103
Summit Kranoli.Pa.SO
6
61s Mexlaan
100 175 190

AWest'n.

182>fl

Ask.

3
70

100

St. Jos.AQ'dlBl'd.lOO
SvLonisAlt.AT.H.lOO
do
Pref.lOO
St. li. A8o'we9t...lOO
do
Pref.lOO
St.
Van. AT. K.lOO
81. Paul A DiUvuh.lOO
do
Pref.lOO
81. P.Miim. A Man. 100
Shore Line
100
South Carolina
100

tanget' o&Penibr'kenO

& Lowell.-lOO rl82
& JUime.-.lOt' 175

-

Do

M.ATud,.l'd.lOO

jKftoSnli

137

Bo«on & Albany ..100 x2<3m 203 "«

Boston
Boston

la's Entland

ICan.C.01'nA8j>'d.li)0
•Ceokak t J>hM.

e-

5Jfl

Beeoti Creek, guar. 50
Bellev'e &8.IU.,pf.lOO

IIV

BM.

MlSCEL. BroCKg.

-BI*"- -Ask.

-

Mlcii....

tan.C.Ft.S.AMein.lOO
Tan.O.Ft.B.Ae.pf.lOO
Kun.tl.Meni.* Bir.ioo

.

B.&O.S.W.-pref..lOO

A

AND BONDS— Gontinubd

-orPlmt Pa^e of <laotatloas.

Quotations dollars per share.

e

In London.

23
.28

120

.

199
la
109

63
109

66
50

62

.

.

,

Decewbkr

17

THE CHRONlCLJl

1803.

— NotM (

»' B»P»»n»Uon
MnoKLuunEArsar^a.

Bid.

ivi

1029

!..•« of rirat ra«« cf QnntBtlaaa.

DmcK*

BAim Rroosa,

I

II

V,

IN

V.\.]

A

A
MU-v

.

•

i

Altorin

Buronlonn
Belle

.

.iOQ

Isli'

Bcliiiont

BMt

.t ii.'i.'her

Bodln
Brocee

iOO

B«hv,.r

100
' H....100

<

i

|»niii

r»i*T.

a

<

100
50

I

11=;
(•)]:
(•<';;>•'

,t

Ta

Cr.i
Dim.

IIM

140

•nnpUric.

i

.100

100

I.

i;.

1.

100
100
100

I

Fa.i.
<)•

!

H..

Third Naiifjual

lOOi

Culou

7B
20

Wmtoni
UOBtOIUt

1.00

II

...100
>0

•

,

AUiUitlo

-..80

V

•

10t>

bis

i

1.'.7

in.lOO 825

81

I

.

:o
ifO:

128
ie>»

120

lam

.100

84>S

..2.n

21

1240

.;i5

llll

u

103

.101'

In

i'ia"

200

al)6
Oliliir
Orteiitil! .t Mi:;vr,
Phcenlx of A"-' •.>...

Plj'IllOUlh,
RollllLSUlil

I25>*

10

SB>^
..

.

.

•50

BavuKu
8l«m, .\i-vn.la

100;

StaiKlui.i

100

.

,3m
187%

v... ..100

I.:i.

Paris

i;!!(-

MAan

AA

121

119

39

Fran...

1S3I*

\SCti
K<«.

Utah
„...';C.ir.l
Yellow Jacket... L.l_

First

Ward

^:_.;.!i Foiirtli

!I

!!io"

90

UO

National. .-1(K'

I

.66

(Sci.raar 102li. J
tUXTi ! " ' «• !•••>•

130
110
30

'

Am.ij
Amor.
100
100

ApphArl;iT.

»y
BorrteiCitvMfi.'. <F.R.)
^1
Boatci;\1000
•

.i,>ti,

OS's 100
!{3>«

Cree't Mills (Kk.).IOO'
Crystal 8pr. HI. (F.K.)
Davol .HllU (F.K.).10O

98

100

.500 900

905
126
90
112

.

. .

People's

...lOO:

Flint Mills (P.K.).IOO:

100 101

(>lo.)

Ollje Y..\IiUs(F.R.)100'

24
10
,

103
117

100 240
119i«120
1050
Hartf. Carpet (CDlOOi 9G
Hill (Me.)
100 60
65
HolyolteW. Power. 100 300
Jacksou (N. H.)..10O0 x975
lOOO
KliiKPhlliii(F.iJ.).100 125
127
LaooDia (5le.)
400 692>9 655
LancBst'rM.(N.H.)400 x660 670
L'rel Lake Mills (F. B.) 107
LiBwrenoe (Mass.). .100, 165 170
Lowell Muss.)
690 660 665
Lowtill BlHaoiiery.lOO 109\ 110
LoweUMa<;li.Sliop.500 665 670
IjnianM. (Mass.). 100 72\; 73
Manclie8ter(.V.B.) 100' 139 'l39>9
Mass. Cotton
1000 1030 'lO-iO
Mechanics' (F. R.) 100
(98
UerchauU' (F. R.) 100 130 122>»
Merrlmiu'k(Mas8)1000 1170 1173
Middlesex (Mass.). 100 139>«:ilO
Ka»!iua (N. H.)....500 x550 555
Hauuikvag (Ma8s.)100 112i«ill2>s
Hewmarkot
500 315 325
Osborn .Mi1Ih(F.R.)10u
,115
Paoitle i.M is3.)...10O0 xl710;i725
Peppen-ll (Me.)
500 1060 1200
(F.
il'

B.)...100
(F.R.)100

loll

K1v)lOOO

...

Baifaiin

Shove
(!

,ii

lip,

,

Winthrop
Broolcljru.

Pnu<-« uomlnal

100 175
100 165
100, 170
50 415

iBedford

IBruadway
Brooklyn

City National
Coiuinerclal .... ....60

100 155
First National. ...100 475

40
100
100
100
SO
50

Fulton
Haonllton

200

142
150
KinKrt
150
I.oiiK Island
215
Mauiifucturer*,. .
2S0
Moohanlos'
Moobanlds' A Traders'! 250
100, 275
Nassau
100 160
North Side.
Seven taen til Ward 1 00
lOO 200
aprague
100: 166
26Ui,Wattl
100
Wallabont
olilcaco.
rlrau Eion. Nat

County

.

•

|42

>l

B<«uid bank

1889
1800
1881
1893
;Oomni'elKaLl873.82'

1

1

170

•I*

People's.

PhMlx.

LwtiAle.Deo

175

237

N.T.UonaoUit'K

I

A Pec

t,Mt •ale.DM. 12...

V y

.._,......

Heoond
"

'

,«n>.4Uea-dindrsad.

-r,iiu- ..t

Price

|

HO

1900.

—
..

^.

17.l>6o

tM.

18,000

"aiSoo"*"

<al«
,o.>rilo(

..

inT

Kat
H.

M6*.

210
...

Last tale
Beaton atook
T.ift sale. Not. i5

<

L't'ir

1100b laoo*

"•^'v'nlpbia Slock...,

'>Umi

•

N. If. '•<)»»
Luel sate. Oao. 1
N. Y. Metal

Lost sale

lOO 17^

Hhermih
'

176a,

175
800 aek.

K1 Kst. Bx. * Alia B'm 800b. 990».

100> l75

NT

.'^arentli

100
Nat... 100

315

20 126

Rivabtlo.
8e«t>oard

18.000 oakT
17,500
150b!

1.160

236

Proance ExdungulOO'

U115

106
106
10«
107
107
6

IBWBBBgHIP*.

60 190
lOol 306
&! 290

Park

I

104
105
105
106
loa

PBIOm OP XCHANOB
N.T. Stock

i\.'

251

Paeino

;

'*Wt"ioo
,

200
200
235
156
140
7

...

Nortii AiinTioa

816

IdAKINK INSDB-

Nil.,

uneatol

I
[

City.. 50

70
165
140
168
130
06
130
170
830

ANOR MCUIP.

i'lto"

s'atiODal..

ro
1

VUllamaborg

18(*8

100 231
New Yorlt roontv.lO" 1130
N.V ':

153

'

66
90
148
65
160

AUantio MuiuaL

N.'W York

I

80

185

60;

I

I

26

United States.
29 126
Westchnater. ...... 10 160

100 400
100 280

Ills

•l.irrls

,

OO
146
65
150
ISO
160
108

635

345

100 220
50 149

Hill

.N'aiisnal

::33

-

'i

.NaUoual
S'^l
Niagara...,
50
North Blvef
36
'PaolHo
36
IPeter Cooper
30
Pheniz (B'U7ii)....60
Knl«era.
26
Stuyvesfuit

Merohants' Exoh'H.50 130
Metropolitan
100
5
16

Avenue

.(1

,

355

176

Maituf.A Builders' 100, 75
Sauuu (Brooklyn). 50 140

1,

\IW\

IB
.'U'riiiaiit«'

151

!

3;:0

100 840

Hanover

2.1

I

207

Leather Manults . . 1 00 1831
Uoorty...
100
:ioo>< Lincoln
100 420
100 lom 101'; " •' n Hquare. lOol
in
50 190
100 137'« 13V Fulton. .100 220
100 112>« lU
V
20
100
V4Tr....25 ISO
100 116\ill7

Washin^tra

1

105
75
Uauover
5oI 130
Home
100; 140
UKIui^ Co. (B'klyn).30! 105
llAXayette (B'klyn).50, 60

. .

N,U

lou

•

100 104%' 105

Firtll

vich

ii...ii.ii..m

106
(ierman KxaUanK«100
157
Uormanla
100 830
192 >• Green wicb
.29 1 39

•

300
loo

Fourteenth Street. 100
Fo"->- ''
•i:a..lOO

75

.'SO

110
170
200
810
400
125

Suffolk

.Wel)«tor

i

Id

State

L'niou

j

r,ioi...iii..i.,u
I'trst Mat. or staten

127'« Hide A Leather ... 100
94>« Hudson River
100 152
Importers' ATr...l00 600
98
Irving
..80 162
lOO: 124I« 125

Tromont

i.l(X)

Balino;

11-.S

150
25 200
100 2000
100
100 2500

...2.1

U:i
ual ..9O
;12y>« Ua;
100
lOl"* (ietiiiuii Atii«iioan..75

.

iXlilrd

(.Ma88.)1000; 104!)

Bonlu

Bobeaon

1 00

129
100 161
lOo' 104
Revere
100, 153
lEoeklanrt
{Second National. 100, 192
100 220
iSeoarlty
100 127
iSJiawiimt
ISboe Ac Leatlior...iuo
84
Sontli End
100 97

OreatFalla (N.H.).IOO

Pooasaet

\Vi^ 114
164\ 105

National ....lOO 106
100, 100
!242>« Traders'

Qranlte(l-" R.)

HamHton

1(X)

.

135
Everett (Mas8.\..New
88

Franklin

100,

,

C'<j.

Dwlght (.Mass.)
Edwards (Me.)

Boston...

atidemptlou
IRapnblic

X3'j'."»39.5

(Conn.)lOO,
Contiueutal (Me.).lOO!
Olilllns

..100

"rd

10!,:

:i

irik Old

100
Chicojwc (Mass.). .100
Oocheco (.\.H.)
500
..1.

140

1".'

266

.•r

X1085 1100 :-..,ii i.i.Hiaud
100
.100 x200 201
Sortli
100 1.1 1 \ 132
TOO 700 yoo jNortU America.... 100; I2313 lil

•

Boatci
Bost. i
Chati-vi

...

lo<
lo('
lOii

::ai

iO
JIO
173

•Hi

(.>uf,,e...l(X>
101'

laa'a,

B^:.
-.
'.lOo! i«a\li49
Buott Coi. .Ma«3.)10O0 xl3o^;l3l^

Blade

J15
70

......It/t^

Aiidri

Blch.

275
220
80
IOO
330
136
86
116
80
140
146

JtJO

Anioh!

X

.

..

i.;,.><

.

1'

'

:

Tradn..

hieaso aiuiMlsale...

Pltlob. Pl)t.n. .

liKi
t

76

i.o&o

sale

i^ooo'*"
.. ... ..

pw oeat P*"! >" «**^

54)0

bU.

..

....

]

.. .
..

..

THE CHROJSICLE.

1030

[Vol. LV.

SammgM

Latest

EOADS.

WeekorMol
Gr.Nor.-Con.)—
Tot. system.

gailroad %utdliQziicz.

G.BayW.&St.P.

The Investors' Supplement, a pamphlet of 150 pages
eontains extended tables of the Stocks and Bonds of Hailroads, and other Companies, with remarks and statistics eoneeming the income, financial status, etc., of each Company.
It is published on the last Saturday of every other month—
viz., January, March, May, July, September and November,
and is furnished without extra charge to all regular siib-

Chronicle.
The General Quotations of Stocks and Bonds, occupying
fix pages of the Chronicle, are published on the third
$eribers of the

Saturday

of each month.

RAILROAD EARNINGS.
Latest

Roads.

Earmngs Beporied

Week or Mo

isrj.

S
Allegheny Val. October.

..

Dec
Dec
Col. Midland.. 1st wk Dec
Agg. total... Istwk Dec

Atcli.T.&S. Fe.. Istwk
St. L. & San F. 1st wk

Atlanta & Char*
Atlanta &Floi'a
Atlanta &\V.Pl.
B.&O.EastJ.ines

Western

Septemb'r.

November.
August

257,941
737,020
132,136
37,827
956,983
58,966
11,250
30,436

October.

.

1,759,629

Lii2C3 October.

.

553.238

2,312,867
Bal.&O.Sout'iw. Istwk Dec
50,572
Batli&Ham'i-a? October. ..
6,742
Bir.& Atlantic. Novemlter.
3,678
Bir.Sb.&Tenn.E October. ..
24,020
Brooklyn Elev.. Istwk Dec
39,028
Bufif.Koch.&Pitt Istwk Dee
52,991
October.

Total

..

&N

1891.

Jan, 1

to Latest Date.

1892.

1891.

»
S
S
254,882 2,183,091 2,126,764
712,:U0 35,019,782 32,757,018
172.960 8,469,789 8,074,078
38,193 2,034,819 1,906,558
923,468 45,524,390 42,737,653
592,915
519,101
63,727
13,309
283,395
271,078
32,789
,774,334 16,563,260 15,959,280
529,457 5,123,709 4,624,550
i,303,791 21,686,968 20,583,830
53,168 2,469,284 2,319,423
26,401
22,368
4,453
46,912
37,870
4,248
200,r80
172,513
20,820
35,676 1,758,642 1,648,471
54,287 2,999,496 2,623.234
104,760 3,941,435 3,491,383
721,121
54,446
730,238
424,000 19,948,766 18,750,282
33,026
19,940
3,859
58,23
58,934
7,370

IthwkNov 125,482
Camden & Atl.. October
46,708
CanadiauPaeilic Istwk Deo 439,000
Car.Cum.O&Cli. Septemb'r.
1,373
Car. Midland.... November.
5,100
Central of Ga... Septemb'r.
688,521
C'entialof N. J.. October. . 1,271,708 1,408,412 11,908,778 11,824,888
CentrairijCiflc.. October. .. 1,399,907 1,673,863 12,434,711 14,103,671
70,672
73,664
Central ol 8. C. Septemb'r.
6,643
8,723
Cnar.Cln.&Cbic. November,
135,400
147,682
16,000
15,277
Cljarlest'n&Bav. ieptemb'r.
453,484
553,255
34,505
45,663
Cliar.Siim.& No. November.
135,210
124,020
13,282
15,543
Cheraw.&Darl.. October. ..
65,865
86,666
8,843
12,223
Cheraw.iteSalisb Septemb'r.
13,065
17,481
1.517
2,205
Clies.&Oliio.... Isr.wkDec
190,192 189,889 8,937,997 8,696,920
Cljes. O. &.S.W. November.
214,268 201,624
Chic. Bur.&No. October. ..
243,478 233,139 1,819,871 1,777,683
Chic. Bur. &Q.. Octobc:'. .. 4,038.453 J,880.730 33,345.223 28,286,787
Ill
East
St.
Istwk
Chic. &
Dec 103,883
71,899 3,901,583 3,426,559
Chicago & Erie. October.
254.775 251,049 2,299,055 2,187,379
Chic.Mll.&St.P. Istwk Dec 767,793 726,533 30,978,451 27,495,322
Chic. &N't!iw'n. October.
3,304.421 3,278,597 27,234.653 3,935,394
ChicPeo.-i B L Istwk Dec
27,050
24,848 1,222,972 1,078,813
Chic.R'6I.&P.. November, 1,583,996 1,559.634 16,962,640 15,359,193
Chic.St.P.&K.C. stwk Dec
113,557
103,126 4,716,703 4,333^8.'>
Chic.St.P.M.&O. October.
1,023,972 977,373 7,395,429 6,401.504
Chic. & W.Mich Istwk Dec
37,621
31,248 1,892,224 1,615,202
Cin.Ga.& Ports. Novemter.
5,678
64,747
6».404
5,581
Cin. Jack & Mao. Istwk Dee
13,339
676.157
14.186
G02.387
Cin.N. O.&T. P. St wk Dec
82,290
79,986 3,939,242 4.054,568
Ala. Gt. South. Istwk Dec
37,696
33,295 1,664.562 1,784,454
N. on. & N. E. 1st wk Dec
30.453
28,254 1,197,314 1,113.927
Ala. <te Vicksb. Istwk Dec
623.711
13,600
17,487
564,637
Vicks. Sh. <BP. Istwk Dec
14,960
517,296
592,148
13,623
Erlangcr Syst. Istwk Dec
78,999 177,645 7,867,464 8,166,839
Ciun. Northw'n. November,
2,l.'i3
1,027
19,044
10.811
Cin. Ports. & V.. Novembei,
237,92.i
21,606
226,342
20,812
Col. & Maysv. November
1,115
13.025
11,596
973
Clev. Akron&Co. UhwkNov
25.120
915,148
19,979
864,794
Clev. Can. & So, Octolier
94,432
72,432
752,090
602.665
Cl.Cin.Cb.&S.L, Istwk Deo 266,473 280,112 13.410,77 12,933,895
Peo. & Easfn. Istwk Dec
31,277
34,209 1,642,580 1,583,611
Clev. & Marietta November.
31,158
305,331
317,355
29,633
Col. H.V. &:toi. November,
293,332 290.508 3,070.975 3,003,747
Col.Sbawnee&H Istwk Die
16,98
16,050
692,003
563,189
Colusa & Lake November.
2,500
27,020
26,395
2,650
Conn. Elver
October
106,550 104,144 1,002,751
923,654
Current Eiver.. Istwk Dec
3.316
2,314
187,321
151,527
Denv. & Eio Gr, Istwk Dec 185,500 147,800 8,583,212 7,963,504
Des. M.No. & W. November.
36,332
32,241
378,378
306,669
Det.BayC.&Alp November.
23,900
19,984
324.758
395,543
Det.Lans'g&No Istwk Dec
22,966
21,515 1,175,877 1,174.321
DuluthS.s:&Atl. Istwk Dec
30,699
27,903 2,120,662 2,050,289
Duluth & Winn.. Septemb'r.
10,149
5,652
89,438
54,297
E.Tenn.Va.&Ga Istwk Dec 120.685 127,880
Elgin. Jol.&East November.
70,909
64,727
774,319
650,445
Evans &[nd'iilis Istwk Dec
7,061
6,559
351,343
331,285
Evans. & Rich.. I St wk Dec
2,517
2,179
Evansv. & T. H. Istwk Dec
25,039
23,898 1,192,798 1,129,809
Fitohburg
October. ..
702,432 674,746 6,258,467 5,870,651
Flint. &P.Marq. Istwk Dec
53,690
52,943 2,672,773 2,699,202
Florence
Septemb'r.
3,570
3,115
26,349
30,800
Ft. W. & Rio Gr. November.
45,078
45,354
351,463
296.653
Ga. Car'ia & No. Heptemb r.
27,302
14,615
163,660
88,167
Georgia RR
October.
160,115 195,711 1,207,439 1,489,333
Geo. Bo.&Fla... November.
_
74,992
64,579
696,358
684,707
Georgefn & W'niSeptemb'r.
2.693
3,002
33,464
30.914
Gr.Eap.&Ind ... Istwk Dee
46,670 - 43,681 2,334,251 2,241,694
Cin.R.&Kt W.ilstwkBec
9,100
8,553
463,831
420,683
Other lines
latwk Dec
4,132
4,104
226,226
212,686
Total all lines. Istwk Dec
59,901
56,338 3,022.544 2,874,064
GrandTrunk
wkDcc.lO 404,437 392,406 18.746,139 18,308,022
Chic. & Gr. Tr.i Wk Dec. 3.
82,160
87.491 3.43.5,233 3,381,345
Det.Gr.H.& M.j Wk Dec. 3.
23,422
21,968 1,113,925 1,095,310
Bur.C.Eap.

.

.

;

I

.

.

.

Great North'n—
St. P. M. & M. November. 1,642,105 1,589,116
12,327,899 10,422,403
East, of Minu November.
181,315
185,655 1,177,192
Montana cent November. 112.029 111,725 1.095.248 1,064,168
1.1 70.3 .'S

Seported.

Jan. 1

1892.

1891.

1892.

$

$

to

Latest Date

I

9t

1891.
'

^

November. 1,935,449 1,886,495 14,600,338,12,656,893

43,964
33,274
Gulf & Chicago. November.
4,964
6,4421
32.981
39,485
Hoos.Tuu.&Tv'il. S'iptemb'r.
3,437
2,152
28,446
17,679
14,600
Humest'n&Shen November.
16,277
133,300
155,912
Hutch. &South'n November.
7,683
5,469
86,857
67,961
1,833,851 1,859,184 15,753,405 15,162,340
Illinois Central. October.
33.043
447,990
Ind.Dec & West. November.
40.67s
438,359
91.T47 3,779,264 3,781,323
In.& Gt. North'n Istwk Dec 101,342
37.800
32,842
{Interoc. (Mex.) WkNov.26
44.957
40,550 1,785,813 1,6'60,735
Iowa Central.. Istwk Dec
3,727
2,725
33,514
Iron Railway. .. November.
31.368
40,151
39,826
506,863
J'k'nv.T.&K.W July
489,322
7,159
340,619
Kauawha&Mlch Istwk Dec
5,976
304,375
5,659
4,627
304,365
283,627
Kan C. Cl. &Sp. Istwk Deo
98.093 4,697,994 4,451,975
K.CF.S.&Mem. Istwk Dec 109,764
33,899
33.390
K.C.Mem. &Blr. ituwk Nov
1,019,300 1,091,205
9,742
Ka.C.Nev.&Ft.S October. ..
6.435
30,870
Kan.C.Wy.ANW November
30,036
311,837
275',6l6
7,795
8,255
Keokuk & West. Istwk Dec
377,211
385,382
7,698
L.Erie All. & So. November.
6,698
75,904
68,435
6tS.175
64,696 3,304,791 3,019,547
L. Erie & West.. Istwk Deo
46,818
28,661
435,292
377.569
Lehigh & Hud.. November,
Lehigh Valley.. Septemb'r. 1,580,945 1,611,148
7,656
15,191
372,755
439,015
L. Rock & Mem.. 2d wk Sep.
75,029
Istwk Dec
76,807 4,071,881 3,926,333
Long Island
50.302
Louis. & Mo.Riv August. .
52,966
294.252
286,006
30,826
Louis.Ev.&St.L, Istwk Dec
28,688 1,426,743 1,453,585
Louisv.&Na.shv. Istwk Dec 472.065 425,880 20,295,326 18,882.255
59.643
Louis.N.A.&Ch, 1st wk Dec
47,723 3,075,282 2,659,745
13,280
10,921
478,887
Lou.St.L.&Tex. Istwk Dec
598,277
720
Manislique
November.
2,607
81.125
107,849
21,044
Mar. &Nor. Ga. August..
Meuiphis&Chas. 1st wk Dec
31,874
33.618 1,338,799 1,503,975
iMexican Cent. Istwk Dec 160,767 147,73
7,360,631 6,849,534
tMex. National. Istwk Dec
85,211
76,830 4,318,668 3,920,201
54,500
tMexican R'way Wk Nov.26
65,971 2,744,444 3,585,708
39.830
Milwaukee & No Istwk Dec
32,617 1,697,780 1,633,719
133,723
Mineral Range November
10,280
13,062
119,817
Minneap.&St.L November. 213.881 196,147 1.850,499 1,667,442
M.StP. &S.S.M Istwk Dec
73,029
55,924 3,035,618 2,355,831
Mo.Kau.&Tex.. Istwk Dec 232,929 204,220 9.116,304 9,030,939
Mo.Pac.&lronM Istwk Dec 540,000 492,000 25,730,000 23,911,000
Mobile & Ohio. November. 298,315 327,588 3,006,996 3,165,570
Nash.Ch.&St.L November, 425,046 440,702 4,707,161 4,304,753
27,90'
168,335
31,829
175,183
N Jersey &N.Y. July
154,140
19.0n
127.521
NewOrl&So'n.. November.
16,290
40,213,082
N.Y.C.&H.R.... November. 1,063.509 4,040,9^8 41,744,990
2,758,592 2,895,289 25,820,641 5,381,190
N. Y. L. E.&W. October
N.y.Pa.AOhio.. Septemb'r. 664,562 678,529 5,301,310 5,211,245
N. Y.&N.Eng... Septemb'r.
4,539,636 4,619,930
48',234
474,289
4i',680
525,320
N.Y.& North'n.. November.
N. Y.Ont.&W.. Istwk Dec
54,912 3,247,274 2,863,870
62,774
N.Y.Susq. &W.. October. ..
168,484 159,151 1,445,543 1,377,701
357,193
Norf. & South'n October. ..
30,125
Norfolk* West. Istwk Dec 219,039 196,424 9,204,963 8,510,360
540,009
N'theast'n (B.C.) Septemb'r.
34,982
466,740
44,736
North'n Central. October. ..
712,230 651,679 5,931,665 5,631,503
NorthernPacific Istwk Dec 493,829 522,105 23,363,640 23,492,123
104.071
Wis. Ct. Lines. Istwk Dec
103,696 5,467,259 4,356,293
N.P.& W.Cent. Istwk Dec 897,900 625,801 28,820,899 28,348,415
Ohio &Mis3
November. 327,144 322,211 3,827,279 3,839,230
649,199
Ohio River
16,625
719,107
Ithwk Nov
15,321
535,313
585,629
Ohio Southern November.
60,992
58,628
404,584
473,688
Omaba&St. L.. October. ..
51,866
48,891
Oregon Imp. Co. Septemb'r. 347,042 426,632 2,935,623 3,104.613
Pennsylvania... October. .. 6.260,893 6.408,160 56,889,638 55,935,285
801,537
PeoriaDec.&Ev, Istwk Deo
810,151
18,899
17.829
439.799
454,447
Petersburg
40,506
40,451
October. ..
Piiila. & Erie... October. ..
585,284 550,115 4,385,30J 4,353,173
Phila.& Keiid'g. October. .. 2,243,219 2,246,919 19,101,568 18,217,334
Coal&IrouCo. October. .. 2,076,864 2,673,133 17,970,296 17,285,416
TotalbothCos. October... 4,3'25,083 1,920,082 37,071,965 35,50-',750
Lehigb Valley. Septemb'r. 1,580,945 1,611,148
41,094
36,715
Pitts. Mar. &Cb. November.
3,337
3,716
305,127
Pilt.Sben.&L.E. November.
35.847
30,165
361,809
4.',
2,121,233
Fitts.&West. sys St wk Dec
194
2,243,339
47,786
Pitl.Young.&A. October.
122,424 147,661 1,234,829 1,090,192
273,339
2-2,791
169,369
25,206
Pt. Royal* Aug. Septemb'r.
230,487
PtRoy.&W.Car. Septemb'r.
22,121
27,818
194,786
75,016
16,830
74,496
Pres.A: Ariz.Cen July
13.099
238,499
248,913
Quincy O &K.C. November.
22,236
22,953
7,705,829
Rich.&Dan. sys. July
947,430 1,107,020 6,986,986
277.897
297,594
Rich. & Petersb. )ctober.
30,481
27,681
283,193
660,993
RioGr. SoiitU'n. 3d wk Dec.
15,536
8,982
38,500 2,432,405 2,114,209
Rio Gr. West'n.. ,st wk Dec
36,000
93.000
114.569
Sitg.TuscnlaSH. November.
11,133
8,532
28,730 1,401, 1'JO 1,329,102
StL.A.&T.H.Bs Istwk Dec
29,850
22,937
32,337
Sc.L.Ken'etAiSo. Noveml'or.
3,136
3,207
St.L.Southw'rn. St wk Deo 116,300
106,800 4,211,856 4,192,015
St.Paul&Dul'th November. 211,623 200,572 1,938,382 1,683,479
815,984
810,237i
S.Fran.&N.Pac. IthwkNov
22,001
27,022,
8,103
6,233
Sandersv.&Teu. November.
670
528
San Anc. & A. P. November. 180,753 149,5ci5
416,3J8
430,481
57,131
59,268
Sav. Am. &Moa. October. ..
191,127
Sav.Fla. & West. August
176,101
li3,107
92,957
Silvertou
November.
14,000
13,097
404,559
409,034
Sioux City & No. November.
56,758
37,269
181,763
South Bound
November.
21,000
South Carolina.. November. 122,900 142,269 1,218,911 1,5'22,376
.Septemb'r.

.

.

1

.

(

.

1

1

So. Faciflc

Co.—

Gal.Har.&S.A October.
Louls'aWest October.
Morgau'sL&T. October.

476,257 530,660 3,703,049 3,704,895
835,177
860,419
109,598 118,231
609,067 602,382 4,250,542 4,383,006
187,699
N.Y.T. &Mex. October. .1
32,853
204,009
35,823
Tex.&N,Orl.. October.
153,105 178,048 1,373,808 1,357,872
Atlantic sys.rf. October. .1,408,868 1,493,091 10,500,813 10,576,101
PaciUa system October. .'3,452,083 3,745.563 29,897,733 30,971,168
.

Total of all
October.
4,860,951 5,238,654'40,398,546 41,847,567
CoastDivCCal.) October. .
196.991 227,016 1,891,025 1,967,975
Soa.Div.(Cal.) October. ..
785,269 709,874 6,650,153 5,637.833
Arizona Div. October. .. 208,841 223,703 1,639,411 1,681,415
878,046
837,824
New Mex.Div October. ..
95,187 106,594
99,380
80,869
12,150
Spar. Un.& Col.. Septemb'r.
9,876
906,66a
920,031
Stateu Isl. R. T October. ..
79,112
75,350
51,217
55,195
StonyCl.&CMt.. October. ..
2,330
3,279
Summit Branch. October. .. 123,416 124,461 1,086,292 1,071,230
777,061
895,296
Lykens Valley October. ..
87,316
96,862
Tot'l both Go's October. ..
220,277 211,777 1,981,587 1,818,289
167,973
157,.546
Tenn. Midland.. October. ..
22,840
20,239
Texas & Pacilic. Istwk Dec 181,487 166,729 6,329,213 6,657,471
43,174
45,918
Tex.8.Val&N.W, November.
5,536
5.747
951,086
18,679 1,048,580
Tol.A.A.&N.M, Istwk Dec
26,869
283,384
283,650
10,630
Tol. Col. &Cin.. Ithwk Oct.
8,598
Tol.&OhioCenta Istwk Deo
40,954
35,043 1,855,156 1,701,223
16.831
Tol.&o.Ccu.Ext Septemb'r.
18,434

—
.
.

.

Dkc-kubbr

..

THE OHRONICLB.

17, 1892.]

Bamint* Xtparlnl.

LatttI

Road*.

Went..

,*
'

1 lit

1

1893.

wk Deo

30,331
88,004
3,003
86,033

K.C

liitwk !>««
'>'VaO{NoT«mb«r.
'October.

1

I

1

Or
Or
V.

>

I

>otolM<r.

e<)o,a4o

.

674,819
6e»,300
88,923

October...

1.

I'lif. i>

')otoh«r.

iV (1.

/an. 1 «B

XoMK Dult,
411

Wttkorllo
Tol P.

1

1

1

.

..

1 8VI.

~i
20,043
89,709
1,806
33,644

684.73S
674,9H7
600.731

1803.

tmk

of

1031

Hmtm^r.

ItM.

i70

10,787.370
399,414

1801.

•

fr*Tl«a>ly

t

034.4A1

9O.%,02S

3,02H.|>24

l,H:i<).itsH
8.i,i)7n

34,120
803,483
5,07»,6«8
3,giS,nil'.i

I

P..-

r'd*)

1rd«

40,3m
e,3oo,«>i
4,701,393
4,783,037
864,873
18.430,713
34,187,655
668,348

4.833.384
Bt.Jo.,<i()<l.[iil lutwk Dao
SI>.3H-<
1.165.470
All other llnf!!. ortobcr. .. 3,483,0-J6 3.517. 10'^ 19,720,322
Imt .. 4,493,269 4,578,346 35,469,501
Tot. U.I' OnlHrA
cr.
139,639
104,641 1,117,748
"Mif.
Tot. (
'4.633,864 4,683.787 36,587,330 36,556.0114
HontiiiKi Un
Oi'tiiher.
90,307
55,150
004,ieS
68'<,4e3
Ix'iiv.T.)!). A8. October.
3,3&3
2,745
37,046
36.201
Man. A Si But. October.
4,640
4.594
3«,101
86,166
Joltillv iiwtipil Oitolier.
97,100
63.490
066,313
616.863
Oriuid totftl Oolniier. .. 4,681.514 4,714,031 87,070,446 36,870.420
Veniioiii VttUcy oot.iber. ..
17,490
18,376|
160,640
158,530
ilatwk Deo 2Sfl,000 376.O00 13,261,146 13,878,086
Wabash
We«t Jersey
October. ..
140,5a8 136.531 1,494.016 1,437,385
W.V.Cen.A Pitta November
06,612
04,270 1,003,313 1,010,838
Veatvrn of Ala.JAuiraat
39,410
80,430
303,334
842,8:10
Went. Miirjlainl. November.
85.000
71.435
Wo»t. N.Y. &Pa 4thwkNoT
88,200
78,600 3,33^,867 3,S3y,20O
36,3'il
Weat V'tt A Pitti>. AiiKiiat ...
23,683
213.071
110.08
Wheel. A L Krie '2il wk Deo.
26,»3r>
23,987 1,873,168 1,335,410
Wll. Col. A Aue .-^piitoinb'r.
61,565
66,899
668,908
678.012
Wrlght8V.dk Ten. Novcmtwr.
6,200
6,890
78.700
63,480
• Figures cover only that port of mileage looated la South Carolina.
lEanilnga (rtven are on whole Jacksonville Southeaatera System.
a Incliiiles earnings from ferries, oto., not Klvea separately. tMexloan
a To!. Col. A Cin. Included tor the week and sluoa Jan. 1 la
ourroncT.
•

r«p'il

Cln.X.o AT.t

1«,<«3A

WMtaro

N. V.

A

Pouu...

Total (83nMida)

tJ,0O3
88,300
ll,470,a«3

Wtt InowMe (»a» y.

IU,4«74M

1 0*t,?4»

•9.7 J

a.)

.

I

:

Net BarBlari Hoatkly to Lat««t IMm.— Tli« followini
sbowa the groas and net eamlnga to latMt date* of all railm»iU
fumiahing monthly statamMila. The compilation Inclu lea
every road from which we can f^et retaraa of thU eharaoter,
and in that form U given once a mooth. Early return* ar»
published from week to week, aa soon a* lasued, but for tM
convenience of our reader* all the road* maUng return* are
brought together here in the week in which we pabllih our
monthly article on net eamioga say on or aboat the SOtU of
the month. A paragraph mark (*!> added after the naiiM
of a road indicates that the figure* for that road have not previouslr been given, but appear for the first time la thi*

—

issae.

-aro$$
1893.

both years.

Latest Gross Earning by Weeks.— The latest weekly
sarnings in the foregoing table are separately summed up as
follows:

For the

first

Bond:

1893.

1891.

S

9

737.020
182.136
37.827
50.572
39.028

Canadian

439,000
1 HO. 192
103,853
8 -.1.1 60
767.79^

726,533

•-•7.050

24,84'<

113,537
37,621
13.339
178.999
266,473
31.277
16,982
3.316
185,500
23.422

lOi.126
31.248
14.186
177,645
280,112
84,209
16,050
3.314
147,300
21.968
21,515
27.903
127.880
6,559
3,179
21,899
62.943
41,681
8..Wi

.

.

Pacific
OhesaiM'iikt' * Ohio
Illinois..

*Chlca»rii AOrandTmnk.
Chleafo .Milw.
St. Paul.
Chic. IVorta
St. L
K. City.
Chk-aso St. P.

A

A

&

c;hio. A Wcot .Michigan. ..
Ctn. Jackson A.Mackinaw
01I1.N.0. *T.P8C.(5 roads)
St. 1>..
Oleve. Cin. Chic.

A

Peoria A Eastern
Shawnee A Hocking.
Current River
Denver A Rio Grande...
Col.

•Detroit Gr. Ilav. A .Mil..
Petrolt l.ansiuK A North.

Duiuth S. 8. A Atiaatic...
East Tennessee Va. A Ga.
Evauav. A Indianapolis..
Evausv. A Kichuioud
Evansv. A Terre Haute
.

Flint

A

Pere Marquette..

Grand Rapids A indiaua.
Cincinnati R.
OtherliiieK

A

Ft.

W..

'Grand Trunk of Canada
Intern'l

A

Gt. Norlh'n

KanawhaA

...

Mlchli;an

KansasCliy Cllu. ABpr..
Kan. City Ft. B. A Mem..
Keokuk A Western
lAke Erie A Western
lx>n>c Island..............

Iiouisv Evansv. A 8t. L..
lAiuisville A Nashville...
Louisv. N. A. A Chicago.
tflulsvlUe St. L. A Texas.

Memphis A Charleston.
Mexican Central
Mexican Notional

.

Milwaukee A Northern..
Mian. 8t. P. AS. S. M....
Mo. Kan.'^aa A Texas
Mo. IMcillc A Iron .Vlt....
Kew York Out. A West.
.

Korfolk

A

Western.

Wisconsin Central
Peoria Dec. A Evansv...
PlttsburK A Western
Klo Grande tioutheru....
Rio Grande Western...
St. Joseph A Gd. Island.
St. L. Alt, A T. H. ilr'ciies
St. L. A Southwestern...
Texas A PaclUo
Tol. Ann A. A N. M
Tolido A Ohio Central...
.

A *est'o..
A Kan.City.

to Pcona
Toi.-.io St. L.

T

Wheeling

Kamtnp*.-

•

Hl.ms
880.8S8
74U.8U7

f89l.

«
122 Hl>
H73, ;i

716.383

1.366.17« 1.332,500
0,333.434 8,eSO,207
July 1 to Oct. 31. ..13,907,766 13,001,630 4,833.0«O 4.441.111

Atch. Top. * San. Fe Sys.
St. Units A San Ft. Bye.
Colorado Midland
Bait. .V Ohio Southwest.
Brooklyn Elevated
Buffalo Koch. A Pltisb...
.t Ea.st.

-.V»l

1803,

•

week of December the 74 roads below show AtT.AB. Fa Sys.b.Oct. 3.744.100 3.383.331
Jan. 1 to Oct HI. ..30,866.138 28.810.043

wtek of Vtcembtr,

Chleauo

.

1801.

257,011
33«.8«3
Allegheny V»lley...1IOot.
3.183.001 3.1'^6.76l
Jan. 1 to Oct. 31
Mar. 1 to Oct. 31.... 1.812.524 1,753.261

5'20 per cent gain in the aggregate.
1»<

Karnlngt—^

•

A Lake Erie ...

Total (74 roads)

53.991

22.9(>«i

30.690
120.68.i

7,061
2,547
2:s,03=»

53.BM0
46.670
9.

00

4.132
3^8.241
101.312
41.957
7,139
5,659

712,316
172,960
38.193
53.168
33.676
54.287
424,010
180.889
71.899

Inertate.

9

9
366
2.396
1.396

303
31,954
6,331

41,260
2,202
10.431
6.373

847
1,834

13.630
2.933

932
1.002
37.700
1,434
1,451

2,796
7,193

502
368
1,141

747
2,98

547
2l,'i94
»,59.j

7,795
68,175
75,029
36,826
472,065
59,643
13,286
31,874
160,767
85,211
39,836
73,039
232,929
5iO.UO0
02,774
219,039
493,829
104,071
18,899
47,786
15,647
36.010
38,923
29,860
116,300
181,487
26,809
40,954
20,832
38.004
255,000
26,679

10.921
33,618
147,731
76.830
32,617
55.924
204.220
492,000
54.912
196.424
522.105
103,696
17,829
42,191
8.789
38.500
39,38S
28,730
106,800
160,729
18,679
35,043
20,942
39.709
276,000
24,413

8,237.630

7,823,407

425.880
47.723

........

4,407
1,181
1.032
11.671

>••

.--

460

l,47rf

1,7T8

8,138
46,185
11,920
3,363
1,744

"

13,036
8.381
7,319
17,105
28.709
48.000
7,862
22,615
28,276

375
1,070
6,592
6,858
3,300

465
1,130
0,500

"•^SJ
8,190
610
"y,266

805
21,000

A

585,310
5.364.807
2,537.111

433,637
1.333,673

July

1

to

Oot

31....

Ohlo.M.ASt Paul..aO<

1.5.%e.iMX>

«t«.S74

O.-t.

1 to Oct.

978.665
6.141.431
3.481
10.073
8.439

677.134
3,064.80»
703,103
6,484.334
1.

034

det33.601
S.8t9
S1.399

13,3m
23a,830
1. 006.831

1.013,003
8t,'<34

lOJ.JOl
70«.i>6»

1.630.0O4
10.768.461
|44.«lft

676.436

l.S73,0M
7,7S0JM3

"

31
31
103,467
Chle. A W. Mich.. .a. Oct
Jan. 1 to <X't SI... 1.674,013
70.7 IS
ObtJaok. A Mack. ir. Oot
591.976
Jan. 1 to Oct 31....
273,441
Jolyl to 0«t.31....

July

3,<>69.87»

08.380
834.837
743.770
472.0<U
330.017
707.441
649.403
6.100.664 6,100,479
3,030.013 3,038,80«
104.863
10S,2SO
724.232
662.42a
202,132
394,610
4.749
2.913
13.709
10.13«
774
1,034
3,373
10.71«
3.871
4.326
5.092
7.690
69,071
62,234
84,671
73,206
670,987
e90,33»
102,083
00.733
778.267
791,620
334.74.1
864.634
187.073
154.616
8S6,83»
esiJKNt
348
0.437
173,038
164.470

>

1.8-M.-/75

5 44.909
5.448.700

i;;2.133

237.736
319.276
O. Southw.b.Sept.
1.965.797 1.807,5"7
Jan. 1 to Sept. 30...
"~
728.977
718,918
July 1 to Sept. 30..
4.453
6.7(3
Bath A Hammonda.liOot.
22.363
26,401
Jan. 1 to Ost. 31....
4.577
3,486
Blrm.A Atlantic. bll. Oct
42.'?6
3i.ia2
Jan. 1 to Oct 31....
1."..833
13.638
JuivltoOotSl
2'>.820
24,02S
Bir.Shef.ATon.R.bn.Oot
172,513
200,080
Jan. 1 to Out 31....
1,S9,997
176,677
Br'klvu Elevated. .U. Oct
l,46i.363
1,558.931
Jau. 1 to Oi:t. 31
280.911
309,322
Buff. R. A Pitts. ..b.. Oct
Jau. 1 to Oct 31... 2.'J69.78l 2.3 t2.»*i5
July 1 to Oot 31... 1,163.760 1,027,233
458,57.'?
477.662
BiirLCed.R. A No.all .Oct
Jan. 1 to Oot. 31.... 3.321,330 3.004,463
51,446
46.703
Cam.AAtl.ABr<.a1I.Oct
730.2J8
721.121
Jan. 1 to Oct. 31....
1,024.303
3.012.302
Oanadtan Paoiac.a..Oct 2.113,733
Jan. 1 to Oct 31. ..17,426.766 16,203.302 6,596.917
4,1J1
7,064
8.336
Oaiolina Midland.. .lOct
7.1.59
51.614
63.132
Jan. 1 to Oct 31
8.240
23,982
37.270
July I to Oct 31....
131,173
USept
688,531
Central of Oa
215.C89
July I to Sept 30.... 1,878,406
5:!).8.->!>
Cent of New Jers.. a Oot 1,271.708 1.408,412
Jau. I to Oot 31. ..11,908.778 11,824.888 4,9t>6.2t2
613.191
Central PaolHc-Hb. Oot. 1.3B9.907 1.07J.80;i
Jan. 1 to Oct 31. ...12,431,711 14,103.671 3,022,223
1,380
def.
10.040
16.734
Ohar. Cin. A Chic. ..HOot
132,403 der.2 1.259
119.400
Jan. 1 to Oct 31
3,383
12.223
8.843
CberawA Darl...b<I.Out
l(i.4.%7
8i,6d6
05,SIU
Jan. 1 to Oot 31....
9,186
33,8 1.»
27.479
July 1 t« Oct 31....
30i,29i
939,31>5
001.303
ahesaoeake AOhio a .Oot
2J».l.»4
r7
7.^43.2
7.923.287
Jan. 1 to Oot 31...
2u3.(2t
July 1 to Oct 31... 3,720.713 3.027.8 II
79.a;»;>
210.221
213,036
CbCi. &0. 8. W...b.8(pt
lo.-...-)-i
233. i:u
13.478
Ohio. Bur. ANor.b...«.>ot
638.8.'i2
1.777.<l-»J
1,819,S71
Jan. 1 to Oct 31...
1.6 >9. 2 tl
4.038.133 3.-'8«>.7
_ _
_ (jam.. boot
Ohio. Burl. A
Jan."i to'Oet 31... 33,343.323 28, :5U,78: 11.533.320
180.S«7
338.630
416,233
Cblcaoo A E. 111. ar Oct
B.

Jan. 1 to

91,840

Het lucrea»e(5-29
Week ending December 3.
The final statement for the fourth week of November covers
B2 roads and snows tf.08 per cent gain in the aggregate.
p. 0.)

1,774,334
Jan. 1 to Oct. 31. ..16,568.260 15.959,3 '0
July 1 to OOL 31... 7,219,947 7,230,2Jl2
520,437
333,333
Lines W. O.K. b... .Oct
Jan. 1 to Oct. 31... 5,123,709 4,624,530
July 1 to Oct. 31... 2.189.297 1,087.713
Total ay stem. b.... Cot. 3,312,867 3,303.791
Jan. 1 to Oct. 31. ..31.686.968 30.383,830
JulTl to Oct. 31... 9,409,343 0,317,074

i

6,011

606,003
414,163

1,304.004

1

Baltimore A OhioLines E. O. R. b ...Oct. 1,769,639

15.000

4.lOt

370,633

3.830363 3..M)t.073

3C>i),337
170,696
46.60.%
43,307
433.343
to Oct. 31.... 1,820,855 1,606,8.'V0
436.447
781,590
708,006
163.031
1S2.743
July 1 to Oct. 31....
Aggregate ToUl.b. Oct. 4,<'46,09» 4,693,063 1.689,100 1,812.763
Jan. 1 to Oct. 31...40.158,094 37.396.703 12.800.230 11.861,626
JulT 1 to Oct. 31. ..18,106,868 17,023.300 6,400,016 6,00X330

Jan

3,3}2

3i»().S50

109.7 64

043.063
Bt.L.AaanFr.STS.bOct.
001,673
Jan. 1 to Oct. 31... 7,481.111 7,088,811
July 1 to Oct. 81... 3..506,613 3,222.773
Colorado Mid. b... .Oct.

24.704
9,176

87,4i»l

91.747
40.5M>
6,»75
4,627
98,093
8,235
64.696
76.807
28,688

Deertatt.

.

I70.4i7
1,474.973
63,889
600.9 "4
238.030

as.73a
464.038
31.014
136.373
88.311

4,364.166
a3.66«

477M7
16.066
136.106
74.14a

.

:

THE CHRONIGI.E.

1032

—

—

Gross Earnings.
1891.
1892.
Roads.
407,483
373,265
Cto.N.O.ATex.P.11a.Oot.
Jan. 1 to Oct. 31.... 3,510,198 3,614,255
July 1 to Oct. 31.... 1,459,503 1,562,854
193,036
165,551
.^».Gt.8outh'ii Ha. Got.
Jan. 1 to Oct. 31.... 1,461,353 1,561,590
657,026
604,773
J«ay 1 to Oct. 31....
127,811
126.695
tr. O. & No'east.Ha.Oot.
952,961
31....
1,032,072
to
Oct.
1
Jan.
410,330
447,017
July 1 to Oct. 31....
82,613
59,651
Alab'a <t Vioks.Ha.Oot.
525.441
492,456
Jan. 1 to Oct. 31....
232.313
198,690
July 1 to Oct. 31....
73,521
60.094
Vlok3.81i.Ji Pae.aH .Oct.
f 01,933
410,787
Jan. 1 to Oct. 31....
219,792
134,293
July 1 to Oct. 31....
889,514
783,262
allOct.
Total system
6,921,259 7,157,234
Jan. 1 to Oct. 31
July 1 to Oct. 31.... 2,894,276 3,082,533
25,298
25,436
OlB. Porte. & Vlr..bTIOct.
205,530
216,772
Jan. 1 to Oct. 31
99,779
104,124
July 1 to Oct. 31....
88,210
91,835
dev.Airon ACol.TTa.Oct.
789,617
830,203
Jan. 1 to Oct. 31
344,447
357,641
July 1 to Oct. 31
72,432
94,132
Clevel. Can. & So.b. .Oct
602,665
752,090
Jan. 1 to Oct. 31...
238,626
378,910
July 1 to Oct. 31...
Olep.Cin.C.&St. ly.UaOot. 1,351,066 1,291,503
Jan. 1 to Oct. 31... 11,966,477 11,425,820
July 1 to Oct. 31... 5,460,572 5,178.194
154,.594
164,472
Peoria <fe E.Dlv. faOct.
Jan. 1 to Oct. 31 ... 1.486,201 1,396,135
660,819
638,850
July 1 to Oct. 31....
33,126
32,681
Oleye. & Marietta.. H Oct.
348,523
322,581
Col. II. V. & Tol...bSept.
Jan. 1 to Sept. 30... 2,462,437 2,377,755
834,244
815,561
Den. A R. Grani1e.l>..Oot.
Jan. 1 to Oct. 31... 7,569,812 7,080,204
July 1 to Oct. 31... 3,357,285 3,214,216
33,670
40.660
irOct.
••• Mo, No. &
274.428
341,046
Jan. 1 to Oct. 31
126,108
150,101
July 1 to Oct. 31....
29,050
28,607
©•t.Bay CityAAl.btr.Oct.
37.-^, 559
300,858
Jan. 1 to Oct. 31....
130,266
128.329
ikNor...a.Oct.
D«t. Lana.
Jan. 1 to Oct. 31... 1,042,462 1,054,902
73,739
81,085
Bgln Jollet <SsE...1TaOct.
534,103
703,410
Jan. 1 to Oct. 31
272,835
305,395
July 1 to Oct. 31. ..
256,806
240,808
FUnt APere Mar. .aK. Oct.
Jan. 1 to Oct. 31.... 2,386,979 2,427,719
195,711
160,115
Ha.Oot.
Soorffia KB
1,21)7,439 1,489,333
Jan. 1 to Oct. 31
581,359
512,401
Joly 1 to Oct. 31....
69,923
73,058
«».8outli'n & Fla.bHOot.
620,128
621,366
Jan. 1 to Oct. 31
261,926
254,787
July 1 to Oct. 31
283,292
294,135
«i'i Rap.&r.8y8....1IOot.
Jan. 1 to Oct, 31.... 2,703,772 2,579,862

—

.

W

.

.

.

.

£
378,212
•r»iid Tr'k of Can. H Oct.
Jan. 1 to Got. 31.... 3,316,525
63,993
Okie. 4 Grand Tr. HOot.
640,405
Jan. 1 to Oct. 31....
23,192
Det.Gr.H.&M11..1[0ct.
209,693
Jan. 1 to Oct. 31....
.

.

Oreen Bay W. &

383,884
3,235,859
65,781
621,942
24,402
205,560

St.P.Oot.

Aug. 1 to Oct. 31...

OultA CMcafO..T[b.Oct.
Jan. 1 to Got. 31....

Hooa.Tuu. &Wilm...9ept.
Jan. 1 to Sept. 30...
& West... 1[ Oct.
Jan. 1 to Oct. 31....

md.Deo.

July 1 to Oct. 31....
b.Got.
Iowa Central
Jan. 1 to Oct. 31...
July 1 to Get. 31...
Iron Hallway. ...bH.Oot.
Jan. 1 to Oct. 31....

July 1 to Oct. 31

Kanawha A MlcU.

.

.Sept.

July 1 to Sept. 30...
Kan. 0. Ft.8. &M..a.Oct.
Jan. 1 to Oct. 31...
.July 1 to Oct.

31...

Kan. C. Mem. &B.. a. Oct.
Jan. 1 to Oct. 31...

July 1 to Oct. 31...

Keokuk &We8t'n.1Ib. Oct.
Jan. 1 to Oct. 31
L. Erie All. ASoutli.lIaOot.
Jan. 1 to Oct. al

L.Erie&West'n.b

-TlOct.

Jan. 1 to Oct. 31

Leli.&Hud.River11b.Oot.
Jan. 1 to Got. 31....
July 1 to Got. 31....

1892.

1891.

Gross Earnings.
1892.
1891.
Roads.
$
$
164,100
178,310
MUw. &Nortlia...1I.Oot.
Jan. 1 to Oct. 31.... 1,398,620 1,432.281

414,947
198,718
196,018
,571,986

695,555
3,805
29,787
13,145
34,058
95.453
491,196
4,125,272
1,715,273
114,757
906,849
382,0J8
39.509
333,831
8,627
68,206
314,905
2,948,783
50,478
388,474
184,788
2,038,152

309,678
I«ui8V. N. A. &C..ira.Oot.
Jan. 1 to Oct. 31.... 2,762,811
July 1 to Oct. 31.... 1,264,371
LcuUv.St.L.A Tex. HOot.
59,549
531,294
Jan. 1 to Oct. 31....
223,978

877

80,705
772,009
Jan. 1 to Oct. 31... 6,493,306
Mexican National. .IFOct.
480,621
Jan. 1 to Oct. 31.... 3,751,736

5,519
33,013
2,132
17,679
41,067
395,781
186,795
198,863
1,411,332
663,535
3,001
28,643
10,322
31,327
84,182
500,837
3,895,747
1,664,246
132,651
961,750
405,130
42,613
341,126
7,785
61,737
303,555
2,681,044
36,303
348,908
147,824
1,963,028
16,635,332
7,448,979
272,111
2,385,765
1,113,811
50,648
427,861
191,154
2,607
104,942
793,844
6,046,846
394,723
3,505,305

.

.

~Ket Earnings.1892.
1891,

S
$
61.521
131,154
80.035
96,590
411,670
516,907
752,925 1,129,120
July 1 to Oct. 31....
601,938
654,951
199,900
525,917
273.142
322,962
200,345
222,503
77,523
87,269
56,730 Minn. & St Louis. -a. Oct.
28,914
610,.571
581,019
422,147
Jan. 1 to Oct. 31... 1,636,618 1,471.295
265.512
Oct.
1
to
31.1.
729,345
72«,209
275,748
161,226
July
801,173
69,937
3S)l,375,
309,865
,207,912
151,089
37,000 iIlnn.8t.P.&,S.S.JI,..Oot.
23,000
736.009
219,305
,,Jan. 1 tp^Oot. 31^.. 2,633,?5t ^,999,t536 ,;;^48.40.5
171,000
93,0i>0
70.000
J^Io.Pae,AIr9u'.vi.T|.bOct. 2,782'33S 2,73o,233! i,030,6i59 1,121,931
Jan. 1 to. Oct. 31. .,.22,663,383 20,939,294 6,092,460 3,778,393
34,000
11,000
9»,093
43,000
440,702
123^015
175,629 '174,015
Kasb. c;ii.,v> 8t.i;.1 bl .Sov.
51,000
18.000
Jab'. 1' TO NoTi 30... 4,707a6l 4,304,753' 1,78j1,149 l',712,261
35,f00
SfD\t.
2.!225,013
to
30...
2,436,448
887,322
«64.8e0
July
1
19,000
118,418 New Ori.&South..a,6ept.
55,000
13,333
def.2ll
!11,236
1,130
57.0(jO
28,000
128,971 aef,5,158
Jan. Ito Sept. 30...
95,:; 73.
293,834'
dof.3,110
def.1,369
to
atpt.
30...
27,415
37,383
July
1
180,504
1,324,436 1,937.083 N.Y.L.E.AWestern.c.GoL 3,758v5B;2 2,395,239 1,013,214 1^017,550
891,143
528,399
Jan. 1 to Oct. 31.-.. 25,820,611 25,381,190 8,095,797 8,326,459
1,837 N.Y.& Northern. (.H. Oct.
4,678
19,626
12,478
57,153
9,916
24.900
41,872
83.132
177,086
132,609
87,275
Jan. 1 to Oct. 31....
21,211
27,811
231,143
198,223
55,610
50,707
July 1 to Oct, 31....
22.093 N.Y. Ont. AWest.alT.Ofit.
23,893
79,793
306,460
293.057
75,731
211,501
230,452
632.316
748,138
2,913,449 2,553,763
Jan. 1 to Oct. 31
99,811101,784
347,224
401,789
July 1 to Oct. 31.... 1,321,882 1,170,836
24,984 N.T. 8U3. AWe8t..b.Oot.
31,351
159,151
78,631
80.741
163,184
210,504
267,755
647,585
616.305
Jan. 1 to Oct. 31... 1,145,543 1,377,701
102,432
134,617
13,750
36,125
Norfolk* South'n.b. Got.
390,153
334,889
130,339
357,193
Jan. 1 to Oct. 31...
3,117,719 3,464,756
326.355
355,910
West'n.a..Oot.
913.367
870,910
A
Norfolk
1,386,272 1,607,677
Jan. 1 to Oct. 31... 8.179,151 7,559,321 2,466.347 2,398,601
41,052
52,977
216,385
631.679
273,059
712,230
275.430 Northern Central. b.Got.
404,967
Jan. 1 to Oct. 31.., 5.9:51,665 5,631,503 1,710,531 1,732,154
192,131
165,771
Paclflo. 1Tb. Oct. 2,913,286 2,993.366 1,423,927 1,384,616
Northern
9,485
5,578
Jan. 1 to Oct. 31. ...20,451. 813 20,130,958 8,530,478 8,133,486
180,507
174,384
July 1 to Oct. 31. ...10,041,887 9,727,027 4.430,532 4,197,584
1.133,658 1,123,669
218,170
212,600
506,011
571,070
Wl8. Cent.Unea.lTb.Oct.
390,142
362,458
Jan. 1 to Oct. 31.... 4,835,072 4,300.956 1,326,721 1,560,393
3,173,487 2,563,190
951,183
787,779
July 1 to Oct. 31.... 2,212,632 1,974,303
1,465,337 1,366,030
Tot. both Co.'a.Hb. Oct. 3,522,356 3,499,330 1,611,397 1,397,246
13,611
18.952
Jan. 1 to Oct. 31. ...25,306,885 24,731,913 10,407,201 9,693,377
154.771
96,533
July 1 to Oct. 31....12,J54,370 11,701,333 5,401,715 4,983,364
46,354
71,283
126,817
135,018
401.953
393,694
OhloAMlaaisalpplHa.Oot.
8,963
10,951
867,993 1,051,726
Jau, 1 to Oct. 31.... 3,496,306 3,517.069
137,062
96,809
513,243
526,613
July 1 to Get. 31.... 1,555,912 1,337,592
51.675 Ohio River
55,049
43,153
39,787
81,760
76,088
bSept.
321,594
291,819
201.210
223,557
507,319
553,766
Jan. 1 to Sept 30...
29,474 Oregon Imp. Co, .a. Sept.
28,890
106,430
73,310
3 47,012
426,632
202,156
207,047
563,682
587,529
Jan. 1 to Sept. 30... 2.935.623 3,101,613
103,831
97.969
616,610
627.812
Deo. 1 to Sept. 30... 3,233,161 3,117,027
95,918 Peon, (east P. A E.),. Oct. 6.290,883 6.108,160 2,069,111 2.174,761
79.421
707,305
703,536
17,955,814
18,597,705
Jan. 1 to Oct. 31...56,8S9,638 55.935,285
74,180
73,793
Inc. 220,791
Inc. 303,881
Lines westofP.AE. Oct,
259,256
439,753
Inc.
18,534
Inc. 2,871,191
Jan. 1 to Oct. 31...
163,624
167,293
21,040
18,602
40,451
40,506
allGot.
Petersburg
29,118
29,418
19-2,701
179,819
434,447
439,799
Jan. 110 Oct. 31....
215,991
164,703
77,051
73,194
158,342
168,680
July 1 to Oct. 31....
102,144
77.592
214,855
236.328
550,115
583,234
PhiladeiphiaAEric.Oct.
100,752
83,786
Jan. 1 to Oct. 31... 4,38 S309 4.333,173 1,327,939 1.615,815
774,169
794,572
Phlla. A Reading... Oct. 2,218.219 2,246.919 1,152,583 1,119,501
£
£
Jan. 1 to Oet. 31... 19, 101. 583 18,217,331 8.772,111 8,453,035
113,838
115,213
Dec. 1 to Oct. 31. ..20.933.091 19,903,145 9,679,796 9,157.735
929,379
903,463
212,351
311,016
Oct, 2,076,861 2,673,133
OoalAlronCo
12,495
14,080
260,883
782,821
Jan. 1 to Oct. 31. .17,970 296 17,285,116
270,750
139,579
143,071
855,115
Deo. 1 to Oct. 31.. 19,754,718 18,891,792
6,890
7,460
Got. 1,323.083 1,920,0.32 1,163.578 1.391,851
Total both Go's
54,493
49,089
Jan. Ito Oct. 31. .37,071. 36535. 502,750 9,^51,933 8,713,968
a
Deo. 1 to Oct. 31..10,7 17,309 38,795,237 10,531,911 9,428,435
$
10,420
14,480
487,273 ^tXi'^SJ
Sept. 1,330,915 1,611,113
LehlghValley
35,060
17,910
3,747.131 2,876,289
Deo. 1 to Sept. 30 11,906,613 13,788,389 3,747.434
def 52
2,817 Pitts.
2,461
luc.
136,227
Inc.
L.HNov.
St.
det. 2,303
2,510
91,836
Inc.
Inc. 1,297.175
Jau. 1 to Nov. 30...
574 Pltts.Mar.AChl...11b.Oot.
2.219
1,442
1,989
4,211
4,751
6,675
10,773
5,554
4,131
37,757
32,999
Jan. 1 to Oct. 31...
5,142 Pitts. Youngs. A A. ...Oct.
58,515
7,096
10,149
117,661
122,421
73,154
429,188
115,666
431,023
Jan. 1 to Oct. 31... 1,234,329 1,090,192
69,142
36.624
11,824
7,822
25,317
25.626
(Juin.Gm. AK. C.bHGot.
70,914
83,395
71,804
60.686
215,546
226,707
Jan. 1 to Oct, 31....
412,331
415,163
7,3S7
9,729
27,681
30,181
218,182 Rich. A Petersb'g ali Oct.
217,820
37,478
93,983
277,897
297.591
Jan. 1 to Oct. 31....
,33*192
412
563
40,418
109,019
118,821
July 1 to Got. 31....
981
8.177
2«;543
36,072
11,176
71,119
Rio Grande South. ITbOot.
610
1,734
130,229
283,9 48
224.062
555.189
Jau. 1 to Oct. 31....
71,263
12,153
9,223
136,002
121,171
268,157
July 1 to Oct. 31....
29,832
21.376
110,718
99,029
283,151
246,369
KlaGrandeWest.b...Gct.
807,722
154,406
194,031
73(1,673
Jan. 1 to Oct. 31... 2,201,405 2,150,109
422,379
973,2«2 1,131,546
391,916
July 1 to Oct. 31... 1,006,515 1,003.632
456,054
541,679
3,651
3,502
12,062
13,759
8ag.Tus.AHui:on.!ia.Oct.
19.233
30,720
46,063
30,073
103,436
89,163
31
1
to
Oet.
Jan.
84,022
123.457
70,264
63,803
135,152
145,253
30,892
72,922 8t.L.A.&T.H.bcha,bSopt,
417,233
110,673
Jan, 1 to Sept. 30... 1,093,133 1,021,253
14,076
17,631
125,131
95,819
217,541
218,499
109,520
138,406 St. Paul A Dul....b1.0ct.
517,307
630,0,39
1,726.759 1,487,907
Jan. 1 to Oct. 31
1,583
2,884
3i»9,270
376,380
873.374
739,772
31....
July 1 to Oct.
13,817
12,019
78,512
91,271
210,050
225,461
177,363
144,497 San Ant. A Aran. F.Sept.
235
def. 5
833
1,001
1,333,170 1,162.708 Sandcri<.& TeDnilleH-Oct.
def,223
733
7,575
5,563
Jiiu. 1 to Oct. 31
12,226
18,441
30,439
20,122
63.157
76,315
175,147
154,153 Ban Fran. A N.Pa«.a Nov,
316,833
276,090
815.931
810,237
72.189
73,887
Jau. 1 to Nov. 30...
212,124
187,779
450,735
432,899
30...
Nov.
July
1
to
823,832
744,618
28,041
19,289
5 7,131
39,268
6,268,967 6,145,101 Say. Amer. A Moiit,.-Oot.
166,919
133,229
416,333
430,131
2,837,831 2,776,886
Jau. 1 to Oct. 31...
77,304
71,962
184,452
199,269
31...
Oct.
July
1
to
96,477
87.831
1 1,253
8,323
17,390
13,253
UGoc.
909,465
572,358 Silverton
55,376
31.561
100,010
79,010
430,401
374,934
Jan. 1 to Get. 3I
31,816
21.000
55,989
50,079
627,708
522.208 gloux CityA Nor..1IbOct.
5201,956
5182,283 South Bound.;
8,378
24,Ci75
llOct.
597,311
585,105
160,763
Jan, 1 to Oct, .a
86.019
def. 5,749
def. 124
71,923
138,445
182,106
bllOot.
South CaroUua
45HI.214
34,910
40,917
311,201
Jan. I to Oci. 31.... 1,096,011 1,330,101
583,230
401,892
Nov. 1 to Oct. 31.... 1,368,211 1,671,977
352,106
315,978
2,355,031 2,148,346 Southern Pacific Co.—
229,443
131,619
530,680
476,237
•176,707
•109,394
Gal.H.A8.Ant..1IbOct.
961,272
826,327
*
3,'03,049 3,704,393
'961,763
Jau. 1 to Oct, 31.
1,309,395
,

.

'

:

•

•

'

.

3,518
28,017
3,437
28,446
11,355

Louisy. ANa8UT.b...0ct.
Jan. 1 to Oct. 31. ..17,871,971
July 1 to Oct. 31... 7,697,423

July 1 to Gct..3l....
Manfstlque
HOct
Jan. 1 to Oct. 31....
Mexican Central
Oct.

—yet Earnings.

LV

[Vol.

.

CCA

.

.

•

—

—

—
.

—
Uct'KUBKK

.

h

—

Orott £arittna«,
181)2.
1301.

llutidi,

South'u Paciao-fOtml.}10(I„'>|18

.

A

860,111)

UUU,067
Jan. I lo Out, ;il... 4,250,512
35.H23
K.Y.Tex. A M.. liL.Oot.
Jan. I to Oct. 31...
2Ut.0U0
.Oct.
153.105
Teitt.i .^: N. O.T b
boot.

r..1I

!ftl

,

1IH,231
M35,>77
Hi)i,382

4.383,006

fl3,ftl5

6M.<

413,401
211.130
7»a,7U5

ai'i.i

3J,>f.3

Juii.

to Oft. :n

I

.

.

.

sV^liMii.hrOct.
I lo Oct
31...
Out.
Toi.il III 111 !•••

Tot.

I'll'-.

luldltt'in

«

lOSSU

VkuvM aM Kar^Mb—Tba

Ut«rfMt

1801.

»

to

ittiM anil

tlit>lr

foUoirtac rowli, to
a«nilng« (ivm sboir*, sIm
ith Um •urplua
iladoit

n<<l

m

211.
1I7U,'

2a,0ft4

17

61,058
70,><17

.

Tot..vtlini, sy.i. i';bOc-t.
Jgii. 1 lo Out. ;)!..

ffarntn0>.—

18U2,

*

Loul<tlaii» Wfliit . 't b< >ot.
Jttii. 1 to Uot. 31...

tt'KAnNLa.

'

.

^'^Hh CUliO^iiCLB.

1899.

17,

>

1

1,373.8(.>S

l._

-

581.su

I.IOJ.WS

1.403.0^1

583.79.1
2,1111,172

,

.

.

.

nil -(13 IO,'^7ll,l<)l
:l.

>i^4

Jail.

.517,567 ili<ijj,'347

»5,'i(n'j.

SOUll

Co a
Oct. 31. 1,801,020
7^".,?i'.',)
"-b Oct.

Bout

1

1,'.<87.975

'

7lll>.f7l

850.
;t7I,

i7

9

SeW.MesiooDlv.tbQot.
Jail

1

t-

Of.

95.I87
837.324
71). 113
920.031
461,303
3,279
65,195

Si..

auteul.li'
Jan.
July
;

CI. a: O. ». b VOot.
Juu. 1 tu Oct. 31.1...
July 1 la Uot. 31....

Btony

.

ommlt Brauob

Oot.

123,

W

loLPeorlaAWeat bUOot.
July 1 to Oct, 31....
lol. St. L, &K.r.1i»8«l»t.
July 1 to Sept. 30...

&

851,078;
^IftSSfi

SoutU HaT..n.Oat.
1

to Oot. 31...

UUter&Oelaw'e.bHOot.
Jau.
July

1 to
1 to

Oct. 31....
Oct. 31....

5U217

2(i.7Sl

.'•',350

26,974
17.635
H5,«l>

JJT

'

666,173
2,346
22,117
36.693
363,482
192,329

Total n»»

Ftjfd

211,777

23,381
139,250
71,800

'

i.illl.:.:.

18H,Mt

'l6j»;7«i*

ilit'Jt'll

''«M>W

|r>..n.„,>

ell

BoriHuit

10,0^6
57,2 13

-sr,3iG
7*77,061
l:,84i8,tti»

<i»l. 1

..L3»,»70

26,«4.'k

ANNUAL REPORTS.

S9,€00
-.-00
.

40^71

92,516
821,152

.

Jan. I to Oot. 31....

Jan.

ii'jt)

26,741

..iiin«c« .:

MUoeiluueouii IDOOUM.

70

2,33t»

4,519,
.

X«l6doCol.JiCla.l>1|.Oc».
27,200
Jau. 1 to Oct. 31....
,233,592
July I to Oct. 31..'..
131,792
156.127
Toledo AO.Ceut.nb. Oct.
Jau. 1 to Oct. 31
1,339,478
July I to Oct. 31....
6l!*,738

lOl.

l>«V<lUMt....
.•.^.i

i

.

T6x.8ab,V, AX.W.'T.Oofc
Jau. 1
Oct. 31

I

41, 'XIV!

Jau. 1 to Oot. 31
1,036, J
96,S(i'2
Lykous Valley
Oot.
Jan. 1 to Oct. 3,1....
895;29«
..Oct.
Total lioth Co'8
220.277
Jau. 1 to Oot. 31.. l,98i:&87
TeDU,<JAal,I.'jERR.t.Oot.
...;.t.lj
Feb. 1 t» Oct, 31.1..
„.i....,
.

53,218
40 I.e. rt

106.594
S7?,01«

I

i

li

a-1.838

,

a.Opt,

283.331

94,905

119,614'

43^03

148.921
1,225,367

45a.8ul.

98.183

224,896
28,216.
217,731
10L,36S 05,000

.5<i3,862

94,611
796,636
860,157
187.749
682,439

20.>,i>75

J 348

3,429
23,180
83.614
332.284
174,120

219.r.0f!

lU).
53.
'184.1;..,

497

5.690
10,303
115,394
75,887

6,789
14,280
121,396
74,951

295,143
3,400,923
364,102
1,186,741
180,279
1,170,170

386,939
2,446.000

Union

Pacltlo
684,735
680.680
OreK. 8. L. A U. N.n Oot.
Jau, 1 to. Oct. 31.. 9,972,648, 9,306,639

UUlo

,.-J3
7.823

10i,067
04,067
40,451
55,526
428,197
211,101
30,745

'

A

XiMiMl|ni»i Baitwar-

June ^,

("For th« ytar ending

'-''

lHti.J

TK4 annit^ 're^rt

of Sir. J. F. Bsrfiartl, President my» that
it should be renoemberad' tbat tbia oompaay ke«ps no oooatructiou Mr beiterment accouaf, all such expenditures being
table is given sbowinK
inuludeil in operatiuf; expenses.
what atnounts were expended during tbe past fpsr *Wcn
Ti capitalized if a consiraction anH
".t
•••n kept, the total of such expenditui
>.'.
our
-^vii,.!
taken
i
If these uhaft(<M had bean
tne
ing to
operating exj)en8es the net earblnffs for the jrear, he remark?,
would have been |l,^36,0dl, or $171,741 in exceas of the interest charges of the x<^ar., ^h^ profit and loos account takes
no account of the increase' in the value of the property by
reason of the above expenditures.
"The KiX»3 eaminzs were larxer by $119,428 than i^, the
previoiu Qstial year. It is impassible to tell hofir ttitti^ g;tiiater
they would have been with a sufficient supply of cars; connectinfi^ line^-eaatboiiad CMild not handle promstte^^^t was
on
offered tbeai /rom your road, cars of
your trdiclctifor weeks^ The physical conditl<ni^|i|!mi;»roperty has been very g^reatly improved during the year." * •
" Passenger equipment has been well maintained.
The
equipment trust cars have been kept intact in ^od order; IM
old and liuht capacity cars were destroyed dunnsr the year, 49
of which were replaced with standard cars. Your freight
equipment should be increased to meet th« requirements of
business say to the extent of not leas than 500 cars, of standard capacity. The deoit freigl^ cp,r niMoage balance for the

A

322,966
674,987
675Jil9
Ore. By. *iI.CO..UOo»,
1.003,394
Jan. 1 to Oct. 31.. 3,913,382 4.70i;22i>
193,763
600,731
569,209
Un.Pao.D,&ault.TI,Oct.
1,173,749
Jan. 1 to Oot. 31.. 4,833,384 4,732,037
29,263
100,691
41^.489
134,931
Bt Jos. tOd.Ial.H.Oot.
139,255
373,817
Jan. 1 to Oet. 31.. 1,028,140 '717,045
All other lines... IT. Oot 2,432,926 3^517,103 l,056,r ir 1.123,371
Jan. 1 to Oot. 31. .19.720,522 18,480,712 8.020,410 6,307,533
,945,731 1,958,802
Total Un.Pao.8y8.1i Oct. 4,493,269 4,578,246
Jan. 1 to bot,31..35.t69,59l34,3a7,6J6 1j.l.il.s« 12,171,836
,39.813
lOS^d^i
139,695
<]eu.Br.>ftLea8.L.1{.Oot.
133.016
fl63,3ii
Jan. 1 to Oct. 31.. 1,117.748
Total controUod..*;Oot. 4,632.961 4,682,787 'J.Oiy.iHii 1,997.613
Jan. 1 to Oct. 31.-36,387,339 33,558,001 13,571,765 12,307,852
12,011
25,678 year was $23,869.
33,150
90,207
Montana Union.. .ItOet.
"The average earnings per ton daring the year were vary
209,489
132,360
586,493
904,165
Jan. 1 to Oct. 31..
3,745 '"def. 1.898 del.5,.320 little less tliau for the preceding year. 'The aven«e earnings
2,353
Leav.Top. 48. W, II. Oot.
25.204 de£.3j,972 Oaf .33,9 j2 p«r passenger per mile was 6'^ per cant better than in the
27„940
Jan. 1 to Oct 31,'.
def.516 del. 2,356 previous year,"' * * * ..)
4,591
4,540
tCan. Aima^Bur.H.Oot.
35,155 del. 14,933 doM 1.383
31,101
" Huavydxiienditures having bean ma<le upon the track, the
Jau. 1 to Oct. 31..
17.902 amounl cif steel rail re<iuired for maintenance will be light for
62,i90
6,196
97,100
Total j'tly owaed.5.0ot.
74,584
168,378
646,352
966,212
31..
OoC
Jan. 1 to
some years, Thu completion of bridg<!S, as outlined, being
Grand total.. .It.Oot. 4.681.514 4,714,032 2,014,194 2,006,516 accomplisbe 1, the expenaes for maintenance will be largely
Jan. 1 to Oot. 31.. 37,070,445 35,879,429 13,639,054 12.313,144
provided, ibe im418.273 decreased. The motive power having been
439,807
Oot. 1.411,780 1.333,631
Wabaah.b
are (first) as above inJan. 1 to Oot. 31-. 11,320.369 11,399,007 2,862,126 2,988.240 portant items for the immediate future
July 1 to Oot. 31... 5,348,650 5,355.093 1,517,113 1,541,120 dicated, increase of freight equipment (second) a ten^tall
21.606 round-house at Flora ; (third) wator wor^ at Pana. When
32,748
126,531
140,538
West Jersey ABrs. at Oct.
398,787 these things shall have been accomplished, your road will be
413,671
Jau. 1 to Oct, 31.... 1,494,91« 1,437,385
113,203
117.161
345,186
33.5,393
We»t.X.Y.4Penn....0ct.
in condition to earn a largely increaieJ revenue at a verr
906.407
981.034
Jan. 1 to Oot. 31. . 2,910,367 3,017,998
reduced ratio of operating expenses to gross r<; venue.
greatly
447,213
453,503
1,372,285
July 1 to Oct. 31. . 1,297,318
OperatioQti, inconae, etc., on the whole line for foir years
17,287
24,134
75.664
93.931
Western Maryland. .HOot.
36,630 have been as follows
35,344
94,279
98,612
^W.Va.Cen.&PUt8.1(bNov.
323,669
OPKBJITIOXS ABO tlSOAL BBSDIilP.
338,638
Jan. 1 to Nov. 30... 1.003,312 1,016,238
157.448
150,366
1801-93.
469,318
456,575
1890-91.
1888-89.
1889-90.
July 1 to Noy. 30...
Overationt38.503
39,038
121.383
1.265.414
1.253.461
133,491
1,217.739
Wheel. & L. JS....b.8ept.
Paw. carried (N5.). 1.232.911
1 10.733
114,401
347,782
392,894
66,919.115 71.211.360 66.711.370
July 1 to S«pt. 30...
P.is.i. car. one mils. 76.171.^12
«*»«M;
3-OC-atS.
rsllots.
2-23ot».
4,562
i.i4».p.m.
4,130
8,230
7,000
#righta. i Teuu'le n Oct.
^•aa(UM *MB.r9»
1.6^
1.787.053
'.348
30.255
loearr-d.
25,234
72.819
57,289
Jan. 1 to Oot. 31....
«7I.O»a,a67
JOa
10,771
jf'd 1 m. 272.758.533 2H5.028.33i 248.8M
13,312
20.433
34,675
July 1 to Oot. 31....
0<ll o»s.
0-*37.olfc
Baic pur tou per 01. 0-314ot4. 0-3J4 ou.
*. -•
SarnlHas—
•
. .*•.__
.
• Net earnlnRs licre ^ven are after deducting taxes.
1.M7.MS
1.46a.8S»
1.482,733
1.436.300
taxes.
Passonxera
deducting
db Net earnlnK8 liore given are before
a,4«7.T79
2,33/,848
3,433,5.55
S,21>'.961
tateii on property.
Vireighr
« Net «aiiiin,ts are here given after <leductlugpal.
892.IM3
279,104
.2;i8,454
' After dfiluctlng other eipenditures for re
s replacements and BxpreuandmsU...
«eneral expenses, net iucoiue applicable to Interest on bonds lu Oo4.3t8.4(>3
4.109.»75
4,214.747
months
8,933,163
ten
Total
and
fur
la
1891.
Ibber was .*110.414, against «61,402
Exi>en$et—
.$828,171, against .*614.»50.
.
„
I.SS'^.^ll
l.«0.»^7
1355.4rJ
1,418.735
Bardelebon Coal 4 Ixou C«.) Inolnied only Transportatloa
t Bessemer DivUlou iDe
1!
401.663
210393
Maim aooo of oar*
In 1892
I679.416
769.516
of
te.
Indicates
thai
Jfaiut.
road
waf
of
a
the name
11 A paragraph mark added after
.»47fladA< ...ATUti-i,
the figures for tli.-»t road have uot prerlouslrbeeugiven, but appears Qenural and taxes
ior the first time in this Issue.
3.Mi9.«73
3,9ii.'ny 3i 956,963
2,035.3«1
Total....
luvludluit income from ferries, Jcc,
I.01*,7-.a
1.172,113
1.302.274
1,019.804
Netoarntags
§ Sul>Jtct to correction.

KraWnMBQttod
.

^^

—

.

'

'

,

,

'

;

:

.

I-

,

"-

'

.

,

.

II

_

-

THE

1034
INCOME ACCOCNT.
188S-89.

Netearninffs
JOisbvrstmen is—
Interest on debt

Total

Balance

$

$

1,019,804

1,302,274

1,172,413

1 ,017,671

1,054,245
69,000
*96,600

1,066,892
73,000
*70,162

65,000
*80,377

BinkinKfund
Miscellaneous

1890-91.

1889-90.

1,193,048
def.173,244

$

1,219,845
8ur.82,429

CHRONICILE.

IVoL. LV.

Florida Central & Feniiisnlar Railway.
("For the year ending June 30, 1892.^
$
The Chronicle has been furnished with a s'atement
1,019,728
results in 1891-92 compared with 1890-91 as follows.
1,063,777
EARNINGS, EXPENSES AND CHARGES.
77,000
1891-92.

1890-91.

"96,742

1,237,519
1,210,054
def.37,641 def.217,791

* Includes $50,500 to equipment trust in 1888-89, $50,500 in 188990, *60,500 in 1890-91, and $70,800 in 1891-92.

Miles operated
Gross earninRS

Operating expenses and taxes

Xet earnings
Interest paid

Surplus

Northeastern (S. Car.) Railroad.
(For the year ending June 80, 1892.)
The President of this company, Mr. A. F. Ravenel, remarks in his report that there was a very serious decrease during the past year in nearly every department
of the business, amounting in the aggregate to $75,386.
This is only to be explained by the general depresBion prevalent throughout the cotton-growing districts,
and the unusually low prices current for their products, followed by a greatly reduced demand for phosphate
rock and the manufactured fertilizers. In the meantime, he
says, there has been no relaxation of effort or expenditure
towards the maintenance of the roadway and its equipment
up to th^ir former standard of excellence.
"The East Shore Terminal Company has nearly completed
its arrangements for the effective transfer of all freights between our terminus and the various wharves of the city,
•while the Ashley River Railroad Company has recently extended its track from the Junction to the several phosphate
and other works on the Ashley River, which should greatly
We also have the
facilitate our communication with them.
pleasure of informicg you that there is now in course of construction a first-class branch railroad from our Monck's
Comer Station to a place nine and a half miles distant therefrom, to be known as 'New England City,' and to become, it
is claimed, the future county seat of Berkeley County."
Earnings, expenses and charges have been as follows
EAXXINGS AKD EXFEKSES.

of the

1S91-92.

596

660

$1,341,879
1,071,663

?1. 64 5.655.

$270,211
155,726

$486,988
163,714

$114,485

$323,274

1,158,667

GENERAL INVESTMENT NEWS,
—

& Santa Fe. The Boston Newa Bureau
as follows on the Atchison report: "The details
of operatine expenses in the Atchison annual report show
that, measured by the standard of New England railroads,
the property has been kept in first-class condition. The repairs of road per train mile were9o., against 9'99c., theaverage
Albany, Boston
Maine. Fitchburg, N. Y. Si
of the Boston
N. E. and Old Colony roads. The repairs of locomotives per
train mile were 5'7c., against 4'lo. on the five New England
The expense for fuel per train mile was 9c., against
roads.
10"7c., which is decidedly in favor of the Atchison maoagement. The repairs of freight cars per freight train mile were
10*39c., against ll'73c., and ihe repairs of passenger cars per
passenger train mile were 5c., ag.iinet 7'22c. on the home
roads. The mileage of Pullman cars, however, on the Atchison is so much larger, in proportion to the train mileage, than
of private car companies on the New Englaud roads as to
more than offset this slight difference in repair account.
"Reckoned on the basis of repairs to locomotives and freight
cars the comparison between the Atchison and the five New
England railroads is even more favorable. The repairs per
freight car were $53 80, against $51 34, and the repairs per
passenger car were $671, against §521. The repairs per locomotive were |1,928, against $1,159. The repairs per locomoAlbany by nearly
tive were larger than upon the Boston
$100, and the repairs per passenger car were larger than on any
1891-90
Albany and New
road in New England except the Boston
$
232,398 Haven."
348,994
Boston & Maine. At Lawrence, Mass., Dec. 14, the annual
77,864
meeting of the Boston
Maine Railroad was held. President
659,256 McLeod in the chair. It was voted to increase the number of
500,411 directors to seventeen. The following were elected
Archi158,845 bald A. McLeod, Philadelphia; Frank Jones, Portsmouth,
George
M.
Lawrence,
Medford,
Mass.;
N. H.; Samuel C.
Pullman, Chicago, III.; Joseph S. Ricker, Portland, Me.;
1891-92. Charles A. Sinclair, Portsmouth, N. H.; William C. Whitney,
$
New York; George G. Haden, New York; Richard OIney,
158,845
Alvah W. Sulloway, Franklin, N. H.; W. Seward
35,444 Bosten;
Atchison Topcka

eomments

&

&

:

1889-90.

1890-91.

Eamtngs—

$

Passengers
Freight
Miscellaneous

224,388
370,733
80,901

247,920
393,777
92,945

676,062
458,729

734,642
460,595

217,333

274,047

Total

Operating expenses and taxes

Net earnings

$

INCOME ACCOUNT.
1889-90.

Beeeipts—

»et earnings
Other receipts

1890-91.

$

$

217,333
42,176

274,047
61,124

&

&

—

&

:

Webb, New York; Walter Hunnewell, Boston; William

T.

Hart, Boston; Joseph E. White, Brookline, Mass.; Arthtrr
VUbursemcntt—
Sewell, Bath, Me.; Henry B. Reed, Boston; Aretas Blood,
133,000
133,000
133,000
Intereston lionds
54,000
54,000
54,000 Manchester, N. H. The new men are George M. Pullman,
Dividends
Terminals
50,000
Henry R. Reed, prominent in the sugar business in Boston,
and the Hon. Aretas Blood, of Manchester, N. H., the loco237,000
187,000
187,000
Total
motive manufacturer. The retiring members are John W.
22,509
148,171
7,289
Surplus
Sanborn, who now fills the position of General Manager, and
David P. Kimball. It was voted to change tlie time of the
Cape Fear & Tadkin Yalley Railway.
annual meeting from the second Tuesday in December to the
{For the year ending June 30, 1892.)
second Wednesday in October, and to have the annual reports
The report of Mr. W. A. Lash, President of this company, made up to June 30. Also to issue fifty-year 4 per cent bonds
purpose of
says: "All Southern lines during the past year have sus- to an amount not exceeding $2,000,000 for the
tained a loss in earning.^. Your board, however, is glad to be funding and refunding the indebtedness of the company
able to report that the Cape Fear & Yadkin Valley Railway falling due Jan. 1, 1893.
Company can show a smaller pei'centage of loss than any
Chicago Kansas City & Texas.— At Kansas City, Dec. 10,
other line similarly situated in the State, and we may say in Judge Phillips, of the United States Court, granted decrees of
the Sotith." Up to the middle of this fiscal year the road "wis foreclo>ure of mortgages held by the Central Trust Company
debarred from handling competitive freight except such as of New York against the Chicago] Kansas City
& Texas
originated on or was destined to competitive points on the Railway Company for §478,000 and against the Kansas City
line at such points as Wilmington, Fayetteville and Greens- Bridge & Terminal Railway Company for $1,000,000. These
boro. This was due to the fact that each of the systems of are the enterprises that were started by Willard E. Winner,
road with which it connected had its own line. But since the and which were stranded by his failure two years ago. The
last report was made the Roanoke & Southern Railroad has Chicago Kansas City & Texas Railway is known as the
been purchased by the Norfolk & Western Railroad Company Winner road, and a part of it is finished and in operation in
and completed to Roanoke, Va. By this connection direct Clay County. The Bridge & Terminal Company had comcommunication has been secured with the North and East, pleted the piers and approaches to a new bridge over the Misthrough Hagerstown, Md., and with the West through Nor- souri River when the crash came. The press dispatch says
ton and Bristol, and also with the celebrated coal fields of that a syndicate of Eastern bondholders of these concerns,
Southwest Virginia.
headed by Theodore C. Bates, will buy in the property under
Earnings and expenses have been as follows :
foreclosure sale and then acquire a clear title and complete
the work.
EARNINGS AND EXPENSES.
259,509

Total

1890.
Efu-nings--

1891.

$

Passenger
Freight

Express
Mail
Total

Sxpensei—
Maintenance of way
Maintenance of eiiui]>nient
Conducting trauHportation
General expenses

„..,„

Cincinnati New Orleans & Texas Pacific— Frandnlent
Stock.— At Cincinnati, Dec. 14, Judge Sails, of the Superior
128,873 Court, announced a decision holding that this company is
384,523 liable for the overissue of stock by its late Secretary, George
7,149
president
21.876 H. Doughty. Ten years ago Theodore Cook, then
8,132 of the road, signed stock certificates in blank and Doughty
flUed them out to suit himself. It was found after his death
530,553
that he had issued over a quarter of a million of the capital
93,606 stock to himself, and the paper passed by hypothecation to
38,080 the posse.-^Bion of other parties. The court decided for the
1892.

143,161
412,054
6,668
22,124
5,821

456,618

589,829

65,671

128,686
40,161

97,901
41,191
173.943
37,335

260,045
190,573

830,371

S5a,;,62

holders of the certificates in question. Thi^y may recover
from Ihe railroad the full market value of their stock at the
time they first demanded the same, also interest from that

239,4,38

196,591

time to

2.5,526

^0\A'L.^^,„„.

194,289

105,698
314,698
4,218
17,323
14,679

.

Miscellaneous

Jfet earaings

335,171

185.139
37.117

this.

—
Uecemuuu

18,

1803

—

THE OHKONICLK.

]

Culorndo Fuel & Iron.— The $3,000,000 8 piv omt cumul*|irofi'rri'(l stix^k ami $9,200,000 common Hook iMUfd by
iliiM n<'U' r'.iiinriay iu oxohaDKO forth* capital ttnok of the
r^.l
ompiiny and the Colorado Coal A Iron Corann >\
iliiH week on the New York Stock Ezchanfte.
Oit II hiil>soi|tu)iit pn^o will be found the official atatomeot
made to the Exchange, in which the factu are set forth a« to
tho capitalization of the now company and ica property, totjothor will) a stjitomontof ossptsand liabilitios.
The manaxonieut 8ay tlint it is safo to assume that tho company can rnrn
and pay at least per cent diridends on common utock, and if
nil of tlie t>xiH;cted advantages of conaoUdaiiun are rualizi'd,
can earn S per cent.
livo

'

\

.

ls.

'

•

r

i

,

Connecttrnt RiTer-Neir York

The

New Haren A Hartford —

Cons.ilidnt-Kl road haa in^r^aaed its

mileage by leaning the
leased line, the Vermont

River road, and its
Valley road. The conditions are that the stockholders of the
Connecticut River shall receive tho samo dividends as the
stock 'lolders of the New York and New Haven road that is
10 y>,T cnt.
The Connecticut River road runs from Springliolil, Miss.,
to Keene, N. H., a distance of seventy-four
mile<. The Vermont Valley Road reaches from Brattleboro
to Windsor, Vt., a distance of fifty miles. The lease will require ratification by the shareholders of both companies.
A Boston <lispatch says: "Comiecticut River stock has risen
62 points to 313, and F. H. Prince has secured control for tho
Bdslim & Maine, thereby checkmatinjj tho New Haven Road."
fTliis can liarJly be accepted without further con&rmation.]
Ci>nuo('[iriit

—

Distilling & Cattle Feeding.—The President of this company, formerly known as the Whiskey Trust, has issued the
folio wing circular to the stockholders
:

&

TliB Boaril of Directors of tho UlstllUnK
Cattle Feeding Co. anuouDcu to Itaslocklioldurs tbepurohnitoby the company of the Star and
Crcsrent illstlllcnes at Pftkiii. Ilia., tho Nebraska City distillery of Neliriiik:» Olt.v. Neh.. ami the Central lUstlllery of St. Lonis. Mo., aKgremvlliii: u tftpiiolty of about 10,000 barrels ucrday.
In view of the faot
that tlio.He piiirh.ises were contrary to tho adopted policy of tho company, it is lUio to you to give tho rea.sont* for our departure therefrom.
Kariy In tho season your Hoard became satisflcd tUiit the Hituatlon of
(Sovi-rnment tluances would render inevitable an aKi'atlon in ConKreKs
durin>r the proseikt sesniou for an Increased tax on spirits, and in view
thereof we decided that the purchase of tho dlatilleries mentioned
wonld ^.Teatly inure to the prolitotthe company. This strong reason
for the departure from the settled policy is not one that Is likely to
occur again very soon, «nd it Is not necessary for tho company to
Increase Its property holdings, nor Is It the desire of the bojird to do so.

The extraordinary demandfor coods which we are now expcriencini<
and which bids fair to continue; and the prices made necessary liy
this extraordinary demand, la our opinion furnish a complete JuatiHcation to the board for
estaljllshed policy of tho

Its

aotlon In this Instance In revorslag the
in respect to the purchase of out-

company

side distilleries.

The rodnctlon of dividends put tho company in flnanclal condition to
make these purchases without tlie issuanceot new stockortho creation
This temporary reduction was undoubtedly a disapof any bonds.
pointment to many, but wo are sattsfled that all will commend the
course of the board now in view of the results obtained.
The profits of this company. In the opinion of the board, enable it not
only speedily to restore its surplus after paying therefrom for these
distilleries, but to add very xreatly thereto.
The annual statement of the business of tho company, to be made at
the annual meeting, will give in detail the results of our management
As far as relates to the ixneatlon of an
of the affairs of the company.
increase of tax, wo have nothing to say, as It Is a matter which hinges
entlrelv upon the necessities of tho Government and neither oar protest

orour approval

By order

will
of the board.

have any

effect.

J. B.

Greexhvt. President.

Florida Central ft Peninsnlar.— The reported sale of bonds
by this company, noted in the last issue of the Chboniclk, it

was for $3,000,000 of the new consolidated fifty
The bonds have been issued for the construction and
equipment of the Savannah extension and other purposes.
Fonda Johnstown & GlorersTille.—The controUinR interest in this railroad was bou<?ht, as now reported, by Third
Vice-President H. Walter Webb of the New York Central,
RR. and not by the company itself.
Grand Tower & Cape Girardeau.— At Springfield, III.,
is

learnrd,

year

5s.

Dec. 5, the United States Circuit Court ordered the sale of this
road to satisfy a mortgage to the Farmers' Loan & Trust Company, which, with interest amounts to $42S,389-37.
Hnnston & Texas Central.—At Washington, Dec. 9,
Justice Lnmar, of the United States Supreme Court, issued an
order to operate as a stay of proceedings in the matter of the
delivery of control of the Houston & Texas Central Railroad to the officers of the reorganized company, I ha
road at present being in the hand< of a receiver. The order
was issued on the petition of Eppa Huntoo, David Gerber and
Russell Landale, representing the minority stockholders, and
is simply for the purpose of keeping anairs in their present
status until an appeal can be tiken and a final deciiion
rendered. Justice Lamar made the order in chambers, in his
capacity as a justice of the Supreme Court assigned to the
Fifth Circuit, which includes Texas.
Metropolitan We.st Side Elevated (Chicago)—The Metropolitan West Side Elevated Railroad Company has executed a
mortgage of Sl.5,000,000 at 5 per cent.

Manhattan Elevatefl.- At a directors' meeting, Mr. George
J. Gould was elected President of the Manhattan Elevated Railway. The restular dividend was declared and the following
resolution was passed
:

five and the President, ex-olllcio, be
hereby appointed to take Into conslderstton what further facilities and extensions ate needed by this company to enable It to operate
thus
Its lines to the best advantage, as to extent and economy, nnit

Retolreil,

and

That a committee of

Is

meet the obligations of this compHny to tho public In the fullest degree
for a eatisfaetorv rapid transit within the city limits.
Re$olved. That this committee have full j>ower to confer and negotiate olBclallv on behalf of this comiuiuy with tho Kapid Transit Com-

10»5

mlaalMMra, Um om««r* ef the
la Niailon tWiwM,

ritr,

asd an/ oIlMf

i

The Prtaklrat ftppointed tha followtii< Mr. J. PWBdal
Uofgw, Chairman hUn-n. RimmU Sam.
'^' IkuniMl .lioua
'^"•
a«Ol|t bUaa and U. M. (lallaway.
Moklla * Ohio.— At MootKoniery, Ala., IVc. •. tS« 8a*
f>r«nM Court of Alabama heard argument* m <*^- —- •-- ,|fi.
ng the control of the Mobile ft Oniu Kailr<
tMt
liilgation the diractora who serTod lout yrm
'tl«».
:

;

<

declining to surrender to the board elected by ihe
party last February.

Nktioaal Cordage.— The plan by which It In nrnprjaad to laorease the common st'ick from tlO,iH)o,i>>i to $30,000,000
not yet born made public, acd ioformiium hi* not been ob«
talnablo at the company'^ ofBoe. It i* rumored that the
rangemeot cootemplitej no change in the prewnt division of
the tOrplus as to the amoimt the preferred atonk it entitled to
under the terms of the original oapitalization, bat the c.-Ha>
pany's circular will probably give more deflnile InforaMtaa

hM

^

on

this point.

Lead— National Liase«4 Oil.— At the iii(«>.iiica
Leid directors, December 10, arrangenienta were nwoe
to examine certain properties eaily in January li get Tala»>
tioos as a basis for consolidation. Arrangements for the wiad>
ing up of the affairs of the old Lead Trust have been com*
pletea. The question of a dlridend on tbe oommoa stock waa
considered, and it was decided to poatpooe utj aotioa OMU
the bo3ks bad been balanced up for tbe year.
At Chicago the Lliueed Oil Company notiflr 1 I'ii >i -ii1r.
holders that a committee is now at work appraisi
Oil properly for the purpose of establishing a b:i
dation with the Lead Company, and that tbe U'.,.lt of this
investigation and plan will probably be ready (or aanoonoement by Januiry 4.
New York (jew Haven k Hartford.— A meeting of *hm
directors of this railroad company was held Dec. 10 at wbif^h
it was voted to issue convertible debenture certiflcates to aa
amount not exceeding $15,000,000. A circular was iasoed by
the directors in relation to the action, which says:
National

of tho

I

increase of trsfflc and eamlns* derived from the expenditures
Improvements of the company's plant and equipment dortnc Iba
Ore years has l>eea so manifest that Its Imird of dlrsetors has determined to complete them as spesdlly aa praotleable. The full a4-

Tbe

for

lost

vantases anticipated cannot l>e realised until they are llnUhed. More
than 810,000,000 has already iNjen expended apon tbem, of vlileli
71^,000,000 has been provided iromlaorease of capital stock. The l>oar4
dues not think it wis* to Issue at par the company's stock apoa whleh
Immediate diviileods at the present rate might be expeoted. or to lasasM
the dividends for the parpose of Improvlni tbe property, or to craate
an Interest adverse to the stookbolders by tssalna mortgai^ iMnda.
The oompany, therefore, proposes to Issue od tbe flrst day ot Ajvll,
1893. at par, convertible debenture oertlfleates to an amount not axoeedlng $l3,000,00a Tbe proceed* of these convertible deboture
certlftcates will l>e held as a trust fund, to l>e disbunedonly for fia following purposes:
For tne completion of four tracks on the New York divtaloa, including the Harlem River Branch: for the completion of two tracks
between New Haven and New London; for terminals, notably at
Providence, New London. New Haven, Bridgeport and New York; for
additions to the company's motive power and equipmsnt, an extaaslon of Its block signal system and the elimination of giads orossinsst
for the payment of the floaUiuc debt of the company alresdr inearreil
for tho above purposes.
Notice Is hereby given to tbe stockholders that they may subit«s daring tbe maotb
scribe for these oonvertible debentm
tit of their then hol<lot March, 1803, in the proportion o:
.v assign tbeir right to
Ines ot the company's stock. Stock:
snoscribe. Allotments not subscrllied " i!ot paid forin aecordane*
with the terms of this circular will t>o d'^posed of iiy the board of
directors. The transfer books will bo clowd d iring tbe month of
March. As the proceeds of these oovertlble debenture crtlllestaa
cannot at once be expended with advantage. sutMertpttaiis will be payable in iostalmonta, and negotiable receipts will Im Issued therefor.
These instalments ot '25 per cent will bo payable as follows: On iha
first ot April, 1 8!)3 on the first of October, 1893 on the flrit of April,
1891, and on the Urstof October, 1894.
Interest on paid instalments will Im payable on the flrst dsys ot
October and April, at tbe rate of four per oeot per annum.
When full payment has been made, in aooordance with tbe termi ot
this circular, convertible debcntiu-e eertlfloates 'registered or coupon,
;

;

at the option of tho bolder) will be Issued In

e<ob«age therefor

in d»-

nomluations iif one thousand dollars, (also in denouiiuatioos ot
one hundred dollars when necessary), lieailnx interest at the rata
of 4 iwrcent perannnm. rhebolderof these certiflcates will beenillird
lo Ktrhniige the h tine nn the Urtl dan of April, 1903. or ir<M<>t tittt daf
thereafter, and nn louger, fur shares of the tapUal Hoek of lh» romitait0
at par: If not then surrendered for exotiaiMte they will beeome daa
and payable in cash, on ihs flrst day of April, 1908.
These certiflcates will be countersigned by the Parmer*' I.oaa
Trust Company as registrar.
In aecDrdaiice with the uuderstandlns la 1489. when the ooapaar
•< Increase Us o ipltal stock, an opportuolty will be
was an!
s of stock in Its leased lines to Iteeoiae sloekheMan
gtren

A

:

t

luring tho months of Janusry aad rabmary, ISM.
of thl."
They will tlitrcLiy l>ecome entitled lo sunserlbe durlox the month ot
Match for cJuverliKie debenture certiflcates; exehaaaM to lie msde
np'i'i til fdUiwlng basis: This company will issue and deliver ot tta
H'
ire for oue share of thi New York frovtdoaoe 4k Bostoa
'

i

iipany; oue share tor one slure of the Hartford A Oeoey Railroad Company; one share for eight share* of tka
preferred stock of the Housatoulc ttoliroad Uompaiiy: foar skairs far
thirteen shares of the New Haven * Derby Ballioad OMiBany: one
share for four shares of tbe Danbury A Norwoik Railroad OompaaT.
>a
ay*a
the eommittee provided for by the
the ap. rovalof tbeeommitteeprorldedfarbythai
.
.
and (with theap.
amsaded chtrter) two shares for flve share* of the ateok ot tiM Maw
of
iha
yc^
Haven A Nortbamptou Company; two share* for flv* shara*
ferred stock ot the Boston « New York Air Line Railroad ''oa^aay:
one shore for one stiore of the NougoWck RoUroad Compsny, ibraa
share* tor tour share* ot the Shore Ua« Riaiwoi.

K

ew

The circular also stit.'s that certiflcatej of shares mast tm
It to
assigned to the Con«olidated Road before March 1.
At tbe meetiDg a
signed by President Charles P. Clark.
quaiterly dividend of 2^^ per cent was declared.

New York New
tbe

title of

A Eastern.— This, it is said, will be
and Jersey City tunnel company that

Jersey

the Brooklyn

THE CHRONKiLE.

1036

Now, therefore, said Committee of Eeorganlzalion proposes tn alter
and modify said Plan and Agreement of March 2. 1891, as foUowg^,

contemplates building the tunnel railroad from Atlantic Avenue, Brooklyn, under New York to Jersey City, with stations
A meeting was held in Philadelphia on the
in all three cities.
12tb, and directors were elected whose names wer6 riot made
Mr. Austin Corbin, Secretary Tracy, C. P. Htintitigpublic.
ton, President Roberts of the Pennsylvania rosid,, A. J. Oasfiatt,
and other capitalists, are reported to be interested in the i-ojn~

[Vol. LV.

.

to wit:

,

NEW

SECURITIES.
1. Pirst mortgage 4 per ceut fifty-year gold bonds of
$1,000 each, carrying interest from Jiumary 1. 1893,
and guarn-nteed as to parmoiit of both priticipal and
inrere.stbytliP

Sonthom

Pnciflo

C.>mpanT.

..$21,600,00000

The engineering plans are pronoUDOed by General
Newton to be practicable, and Mr. Corbin rpredicts tlmtitha

Reserve*! fociature ic.xteasious (limited to 100 miles at
$2/,000 per mile of ro»d con9trijct6daud,eauipped)...

tunnel railroad will be running in

on px1gttDg700 miles.:........
,
$18,900,00o"oo
Reserved for improrements, belterments and lequip-

pany.

.

less than, five years.

New York Stock Exchange— New Securities LIsted.-^Tlie
Governing Committee of the New York Stocjc Ex9han.ge|has
added to the lists the following:
BURUNGTON CKDAR RAPIDS & NOETHERN KAlfWAT.— $528,000

inentjs,..,

.1,800,000,00

Leaving, as available for purposes of this reorganiZatiOn.--(.r-^-,..-,;^y,.-.„-;;... ,,.,., ......,,.
.^_, ... ,$17,100,000 00
•

I

,

.

j

per cent gold bonds,

afliHtional first mortjift^e anti collateral five

...,,,...,.,..,.

:

,

,

2,700,000 00

TfltellSinie

'

;

.

ABBPntaQg:a9Ciirityilijldei!s .will raoeiwa ofisuch bond* as
follows
1,^:
,
Holders orf Central Trust Company of New York receipts
For each SljiiOO Urst mortirage 6 per oent bond, with
coupon of July, 1890. tuid all subsequent, coupons attached...,
i
$1,010 00
,
For
e.ich $ ,000 5 per cent llrst mrtngagc bond, with
year five per cent coupon delicnture bonds and registerB'd'bondsliitn
of
October,
coupon
1890,
aud
all
subsequent
ootlpouB
converted,
malnn^ the tot»l amount l)>it^
which same may be
attached.-.. ...... t
l. ..i
.i.i.
890 00
$9,000,000.
.,
..
CiTT OP Bt. LOUIS, Mo.—$1,155,000 fauriSer cent goM andsterlingr' For,c^ch $1,000 second mortgage bond, ^vith all ooupons a'ttiched
250 00
\.
ihondsol 1912.
1500
Cli-vv-land & Pittsburg P*JLR0AP—^326.000 additional general t"or Lach>'10J share of capital stock........
Fractioiiiil aittouuts will lib deliverable in scrip.
mortgase four and one-half per conf. series B, maliiug the total amoimt
''
listed iii3,326,000.
'
DlSTRini^.TION OF KBW SBCUKiTrES!'
;J
Colorado Fncij .b Iron Co.—(82,000.000 otuht per cent cuuiulativn
Ii'rtld!>T.^ 'of -f (i.22S.0od old first fis at 104.' ..'!'.'.':.. 86'.471,920 OO
preferred and .$U,250,tJiOO oompion ^tocX. [Tlie vppHtation in fuUiiB jo the
"••' lOOoid
•"
'""
t'.-i
To
first ,>s at 89........;.. '1,585,250 00
civen on another page.]
'>0 old seconds at 25
,.
1,000,000 Op
Denver Tramway Cojipaxv and the Metro^-olixan R»ii.w'av.— To
(>
he acquired for OftncellAtlbn^'
$1,210,000 Denver Tramway Compony consol. mortgage six peroemt
throii^-ii
ttlnwiit "'it'j flnatnic deht creditors.!
gold bonds of 1910 and $621,000 .Metropolitiau Railway llrst mortg.ige
six piT cent guaiauteed gold liuuds of 1911..
To the 111 liiiT.s of .?,"), Odd.onO'capi tat stock at 15
750,010 00
JEyuif ABLE Gas Light Companv of New ToRK.—'$130,000 .iddi
To Dii-n, 1,1, -IS ni iiitnriin.cRPtificates
837,000 00
tional first eonoolidatod mortgage flye'j^er eent gpW, inakingthq total To
lit ot liquidutiouot floating debt
amsuul listed *1 ,730,000.
ii!
.
580.10000
International & Okeat Northern Railroad.—$2,545,000 four T.i
ri^li rfquuvnients
,„..
5,925,830 00
per cent third luortgaec gold bonds. The Committee on 8took r
U'
empowercfl to list from time to time additional lion^s amoraii;
1
..,..»..>
$17,100,000 00
$60,000 as issued in exchange t'nr tractiona) s.crip.
.ancil— $1,07.5,000 (li.,t
Long Isla>^i> Railroad, K.;'
This plan as altere'4 and luodiSed maybe executed either
^'old bonds of 1 !I32.
nsolidatcd m'ortgage lire pc
a
Tiiirovemknt Com- with or witliout fon^closure sale. Any! depositor under the
Ne* York Lakis Urib a; \i
n'ithin the' time limited, to wit, on or
old plan wh(>" "
"fl913.
pany. -$3.396,Q00 tlrst mflrtgiigc aix per
way.— $9,OOO.ooo before Jaiiu
PiTTHuiRG Cincinnati Chicago, & 8t. 1.
03, wilhdi'aw his securities, shall be
ws B, inakiug ihe deemed to 1im
consojpdatedmOrtgiige 44 per cent gold
such alterivtion. The iilau is obr
t<Sta1 nmon'nt. listed SsiO.OOO.uOO; also $756,000 consolidated luortvioualv arrai'
the control of this road by the
gage 4>ii pfr cent gold bonds, scries C.
RMOiiASiii; SorniERN Railroad.-'-$823,000 additional first mnrt- SoUtlli'ni P;
ITi.e reorganization committee
nt Roldbonds. making the total .imount listed is3.4.52.rp00. Cim
ga
ic P. Olcott, Joseph Wharton,
SD PERKINS H6r.se .siioK COMPANY'.— 11,000,000 gcuiirat
H,.,
»mw»Jl,
J. Kennedy Tod, Alfred
1.1 $1,750,000 preferred stock:
(CI
S. Hudtlbach.KricF.. Svenson,
6t. Paui, Mlnneapolis & Manitdjia Railwat.— -JSSS.OOO additional
consolidated mortgage 'J per cent gold bonds, interest reduced to 4 "a
.Vt S.in xlutonio.' Texas,'D(>(*. I.'i, the 'stockholders of .th^
PV cent, making tlie total amount of 4's per cent bonds listed San Antoaio c' ' - ~ '^ ~s Railway had a meeting, and. the
$18,084,000.
new llrst rn
cent bonds for $17,100,000 were
etEfcf'Rn'Y Corporation.— $313,000 additional first consolidated
mortgage 6 per cent gold bonds, making the total amount listed authorize^.
to increase the capital stock coh$4,287,000:
teoipfared under f
was rejeclied in accordance with
TJNiTKi) St*tr» BtmBEn OoMPANV.-^$12,942,500 -8 per'cent noBIIS ^eek.
This latter plan has recuronlative preferred and $13,181,100 common capital stock, [The the modified plan
application IS given in full on another page.]
ceivpd the -assent of a
f all interests, and ia the re-;,
Wabash RAfLRovu.— $3.500,(io() first mortgage '(> jp# tseoi gpW suit of tlie negotiatioii
d with the Southern Paciflct'
btmds^f 1941— Uetrojt lit Chicago extension:
Which is given tlit- !rtocit_w the tinu. Antonio & Aransas Pass.
boiutl
of
directors
Soulhern.—
The
of
the
OhioSouthOliio
in consideration of tlie'gii&rantei on the bonds.
em R. R. have sent a formal reply to the request of thestook8avannak Americas & Mont^oiuery.—8. H. Hawkins of
hblders- asking for dividends on the stock.
It states that
T. Edward Hambletonof Baltimore, have
while the-mouey'is on hand with which to pay the dividend, Americus, Ga., and
been appointed receivers for the Savannah Americus
Montit is thoug-ht best; to retain the cash in the treasury until' tlie
completion of the new extension from Springfield to gomery KR. Co. Net earnings, the court directs, shall he applied
of
to payment
arrears of employes" wages.
Idma, Ohio, and then when the company enters the dividend-

making the total amount listed *5.84i.O0O.
Chicago & Western Indiana Railroad.— ?1,000,000 additional
general mortgage gold sis. per oentcqupon bonds, making the 4otal
amount listed if8.39H,C6G.
CHICAGO & Alton RAiLHOAnt-$2'.200,000 additional •oramon Btook,
making the total amount listed ji)16,.114,600.
CHICAGO Ai NoRTinvKsTKKN K viLWAV.— $3,000,000 addltixmal ttotv-

:,...

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paying ranks it can continue the payment.
Oregon PaclUc. At a meeting of the bondholders of theOregon Pacific B-dilway. in the Farmers' Loan & Trust Company

—

Building, the announcement was made that the plan of reorganization, which *pas formed last spring was a failure. The
road is now in the hands of a receiver, and under an order
from the Oregon Supreme Court it is to he sold at public auction January 16, as per advertisement in the Chronicle.
Mr. James A. Blair said that in view of the approaching
foreclosure sale the bondholders would have to submit to an
assessment if they wanted to save their property. It would
be a good idea, he thought, to employ an expert to go over the
Oregon Pacific road and ascertain what the property was
really worth. If the road was worth $1,250,000 a practical
reorganization plan ought to be put into operation, but if the
proprty was not worth that much, the bondholders might as
well let the thing go.
A resolution providing for the appointment of a special
committee to investigate and report on the condition of the
Oregon Pacific was discussed. It was proposed to form a pool
of bondholders to buy the road, reorganize it, and turn it over
to a new company. Final action on this resolution was deferred until a future meeting.

L

8an Antonio * Aransas Pass.— The following alterations, or
modifications, of the plan of reorganization of this company,
originally made March 2, 1891, were approved by the Committee of Reorganization at a meeting held Dec. 14, 1892, and are
now proposed and submitted to the depositors under the origibal plan, with the recommendation that the same be accepted

—

Silversmiths' Compauyj This new industrial corporation
has been organized with a capital of -^14,000,000. The directors are Edward S. Innet, William A. Miles, Barstow DrakeSmith, Thomas Wiedler, Moees Weinman, Albert White,
John T. Brown, William D. Barclay, John W. Hesse, Adelbert J. Dunham. J. Bruce Bonney and Charles Sliiebler. By
the articles of incorporation which have been filed in the
County Clerk's oflSce, the company is authorized to acquire
the property of any firm engaged in a similar business, to

and to give cash, shares of stock or obliThe directors are authorized to issue debenture certificates to tlie amount of $8,000,000.
United States Robber Co. The preferred and commoiw
stock of the United States Rubber Co. were listed this week on
the New York Stock Exchange. On a subsequent page may
assume

its liabilities

gations in payment.

—

be found the official presentation of tha company's affairsto the Exchange in the application for admission to the
stock list.
Western Union Telegraph. The estimated net earning*
for the quarter ending Sept. 30, 1892, were §2,200,000 the
actual were $2,230,777, or $20,777 more than the estimate.
Estimated net earnings for the quarter ending Dec. 31, 1898,
compare with the actual results in the same quarter of 1891 as.
follows

made

—

;

:

Quarter ending Dec. 31.
Actual. 1891.

Net revenue
OeductInterest on bonds
Sinking fund
^

$222,331
20,000

$2,ooo,ooa

$223,335
20.000
242,331

by them:
Whereas, In lieu of the securities proposed under the plan of reorganization for the San Antonio & Aransas Pass Railway Compani
dated March 2, 1891, it isnow proposed, without increase of the capital
rtock, to make a first mortgage to secnre bonds in the amount of $21 600.000, can ying Interest at the rate of 4 percent per annum from
January 1 1893; binds to be payable, both prinoipal and interest, in
gold coin of the United States, anil to be guaranteed as to payml^nt of
joth prinoipal nud Interest by the Southern Paoifio Company, of which
»onds $17,100,0110 shall be arallnble to the Committee of Reorganiza»l on for the purposes of reoraauization.

Estimated. 1892.

$1,907,167

Net rev(>nue
Loss dividend

(Ht

p. c.)

Surplus for quarter
Add nominal surplui Sept. 3D

$1,664,836
1,077,409 (l'4p.
.f587,427

12,269,190

$12,856,613

Deduct stock dividend Deo. 3, 1892

Nominal surplus Dec. 31, 1892. $12,856, <513

$243,335
c.)

$1,756,«651.185,250

$571,415.
14,476,156

$15,047,571
8,619,317
$ij,428,254

!

.

.

Drcruubr

17,

THK (HKUNI

imi.]

iiepovt^ .tad

.

.

30

flu

4
1:1

Tho Preuident unU Dlrectom Rubiuit the fuUowiDg report tot
tho yiiir ending Juue 80. 1893
Fur the pill iinsi.()f oitinpurisiin, tho f""
iirfl
submiUiil showiu); the renullx for li
;l(l,
1892, froiu tho oixratii 111
nn Unfimi itdui mu oi. i'aui
"
;

1

>

4 1..
47,1 II...

.,f.

200 Flat

Cart..

THIRD ANNUAL ftEPORT OF THE GREAT

NORTHERN RAILWAY COMPANY.

hh.

COMPAKA tlVI.

,

niAllti|i--i

>>K

t

t>-

''

I.:....

!

Mmaeiipoliii& JLtuitol'

>,.iU>,«M
3,V2H,700

Company.*

Ul.

i..\iiSlSQ9.

.
787,<<>«0,74a
.$Oi7-iO,4'ftt«

•1.).

Ptr Vfiit.

..f

1802.

1891.

77-lJU, #0,720.185113
2,02S,!im

16-Ott75
2-413:1
l-2i7i;

..Freight

012a*

Mile.

l-r

COMPARATIVE HTAII

t7,e2«."

>.-.

TIOMH

1.M711.-'

11.

I- \

Dl.'UIN.i

1

I

U

liUl

.

Numl>«.r of

I... --.... .»...--

1893.

£aruiug<
EarniugH

1901.

r**- tttit.

|>.ik

,,..„.,.,...

*5,I63.U54

SUMMARY OF

56-59

3.

111

.Qaaranteed DIvidaada gt 6 p«t oenk

$10,2Sl,71»2l

-kOO

.u.ooooo

800,440 0$

)00

«8U$77 90
80t.$i0 00

00
7,016,000 00
i.iil2.l>00

m

1.200,00000

.„ 10.000.00000

Capital Stock..rr!..........Vr.

5,I03.»»4 lU
Gi«ndrotal...LtJ......

Met Eam1iiK»
Taxes

5.117.760 03
2»9 O.'ioaa

.Net iDoome..

$4,818, 10»,4^

Operating ExpenseR. per cent of

1

(85,200 UO
.lO.OOOOO
0,000 00

.....$$3,048,200 00 $a.847,71A(0
Stock.

i

..$73,649,300 00 $ 1,017,7 19 90

.ul4..
Ill'
!

2,92117

Mllpngp nf Mn'n Track.,
'.

$5,103,279 6f

$866,000 00

sent.

Xtotal

...Gross EaralDKS
.OperailUK Expanses

,

6 psr

txm^-.iuii.iiiMi .rti.iigaj.-, ivj p.'r lOin...
Kontnua Extcniiiou Flmt Mort., 4 p. c.

~

.

IJiAaBD
VILWAT.

I:

•lit

1891.

S5,470,830 33
867,550 6

RONORU nur, FixBU
/Win. It.

vay,

K.iRNlNOB A,NO KXl'KNSE!'.

1892.

09

^M379

,

I.

—

«7,133,2S)S 09

,..

'

CondtietlnK Traiis|>'Vn l>l,302,0»l U.t S5-2I43
31-2U93 2.230,52t>7U
Motive I'owor
1,628,U44 6» 3 1 -i J 87
.Malut'iii I- iif Uoul /
31-49 1?! 2,243,548 57
1,243,001 5o| 24-0707
iind
8trncturcK.
{
I
85780
61 1,894 89 .Matntuaiinoo of C'lin.
818,6«9 77
9'»47i2
7-0017|
505,i7li lt> ...Ueuurul KxpuiiKuf,..
47«,58a 02
9 2201

7,133,21)8

.

f.

BXATBMEMr SHOWINU
CaAttOKH, ETC., JONE :io,
F^OM 8T. PAUl Mr.SNKAP'

e.'i

$12,604,128 42

'..,..1...

.

N.nilicri.r

'»t0.381.7Uail

OPEBATINQ BXPBiraBS.

21-(«OU3 $1,.141,463

1,08 1, 8SO
I <io^,4a«

PiUMMigur Train .MUoukd

:.:tlc)

"UOM

'

J*12,604, 128*21

Ptr CenV

OPMtA*

ItltJ.

1

;i

KAlrriO

riCAiU.

'

.if

S-lftO-J

oritur

ttOHO DUKIHU LAHT T*'

$H>3««»

.

6,846 97

(

?;*»»
41079

"ii:'::::::::::::"

Orow

I

EanlDg*

60-..2J

not inotulo the mllaMe ot the gMlfla
ruction, or the iiS.OOO.OOO PaolUc Extan-

.

59-51

L :^

OiK-rutlug Expenses nndTaxes, percent
of Gross

94,398 73 Gro*R Trattli' Eaminip) jier Mile of Ronrt
2,489 46 OperutiuK Kxpeiises per .^Illo of Road

93.87rt 58

$1,909 27

$U830 03

<„

INCOME STATEMENT OF PROPRIETA8TCX)JiPAWIB8 FOB TH«
TEAB ENDING JUNE 30, 1892.
WiLuiAK & BioDx Falls Railwat.

1,816 53

.Met Earnings per Mile of Road.

2,866-40 Average Miles of

'

eiuu 4 pel cent Uuuiis Uaued thereon.

5314

EuralnKs

Bead under Operation
* Statements do not Include the W. & &. F. By. or D, W.

Earnings from Operation
Income from Other .Sources

$190,249 28

Operating Expenses and Taxes.
Interest Paid and Accrued

$223,879 58

2.7d6-54
dk P.

By.

STATEMENT OF EXPEVOrTURES FOR ADDITt()Sf( AN'l) IMPKOVEMKNTS DURING TUE FI8CAI, YEAR E.SDIXU JUNE 30,
18«:i, UPO.V PROPERTY LEASED FROM TUE 8 r. P. M.dtM.Ry. Co.
New BiUldinin tor Transportation Deparlmeut.. .,..,...,.:.. $100,597 33
New BuUrtlnvii for Road Dopartnient
1,140 26
.^

34188

$490,487 11

197,90000
881,379 58

$109,107 $3

Balance..
Dtri.tiTH

Watertows

It

PACinc Railway
$37,75930
24 00

Earnings from Operatibn

New Round Ho
lopg
69,^4905 Income from Other Sooroes
New Fuel Hiid
u».....^..,^
2,.'>73 9y
;.....iii.
New Miscelliwii
.iijjs
8,(il4 30 Operating Expenses iM>d Taxes
,.*
..,..».
New Hliop TooU uud .Madiluery
lO.-i'il 75
Interest Paid and Aoorued
New side Tracks
7i»,2S3 31
New Fmees
O.W.'H) 86
;
Hew Snow Fences and Snow Sheds
.k..'.— ...<..Ui. .;...„,
2,607 15
Balanoe
u
New Bridges and Lulverta.,
_..,,..,.,,. 100,256 25
,
;

$37,793 80
$36,866 00
82.900 00

..

11936$ 00

;

>

"$81,582 70

.

-Uasonr;

..'......;

Rails. FiiHlflninga, etc...;

Boailw.iy and rrack.,..
Right c.t Way
Beal Estate
1

'.

..-—».,

General Office Building... r.T... J:

148,984
90,568
68,172
28,660
1,170
1,426

73
84
65

MONTAXA CB.VntAL RaILWAT.

Earpings from Operation
Inoome from other Soiueos;..

34
30
90

.$1,205,806 91
3,996 48

-W-4.

»1 .209,365

•M nndTaxes...;...:'.....
;l. .i.i.i...
.»sed..
;

Accrued

8.60000
439,50000

-tma.a BaLao

$720,587 03
DtduelrValue of buildings for the Road Department
deslroyeti and uot replaced
$1,50000
For property heretofore shown in Real Estate
Accotini now transferred to Right of Way
and iucliidoil above
10,000 00

$8$300 19

Balamee.

Eastkbn Bailwat of
Earnings from Operation
Income from Other Sources.
.

:*^#ilil

.

Amouat ahowu LD previousreportasesveiided
Operating Expenses and TaxM,.,.......
.........':...
Rental oriJnes Leasad
::;.:;.;;..,..
iBterust Paid and Aoorued

on

ai'i'ouut of improvements In progress at
MInucaiHills, not i-omiileted: the work hST'
ing linen completed the cost has lieen dls>

trlbutod to proper accounts and

Is

Miv

EfiHipmetU

Eamings from Op.

—

5 Boiirdlng Cars

Car

1 Dirrlirk

5 Htoam Shovels
3 :^t. am Pile Drivers

Car
450 Sets of Air Brake EoulDment for Freight Cars
33 Boxcars
•
' !>3 Box Cars. 60.00O lbs. oapaolty, parExc ."(!plaoe oara o( 40.000 lbs. oapMollr.T»....
1 <'al>oo.^e

1

r

I

Driw.

ilrake Fixture* for 5 lAJOumotU'-'
Sxpcnditure on account of 9 Looomotlves
tlou
,,,.,

1,,

Total Additions and Improvomeuta and

w

Now

—

$99,200 00
8,119 69
2,070 00
28.940 38
8,813 30
979 00
17,571 20

iii

,

r- .r.is

I,

NIO.N

n

liklLWAl
$291.044 31
.

..

1.850-23

^^..^..^....
Operating Bxpeustts
Interest Paiaaud Accrued

•

4, 'I.")!)

00

i:t,'.iTl

21

WW'"
159.00000

^

$295,934 47
319,316 99
$76,717 9$

Balance..

16,005 00

NURTUKBK
Eamtnga tcom Operation.

SmAJUOU OomHMt.
•363.786 79

26008^.77

Operatlug Kjv«b*«s.......

3,962 96

Balance

2,590 00

Fwmae months ending Maasfc 1 1.

u.....uu.-->>

"•'•_••

^lipti-iOiO-J

ic-k

KHulpiuoui.. ;..»..-

'

H$

addition to the above there has been expended during the
year, <f or equipment purobased on account ot the St. P. M. it M. By.,
faolflc extension:

"Sori.—la

1

Income from Othrr ^onrc

100 nallast Cars and 4 Ballast Plow Cars

947,099n
$4677435 70

Balanoe..

$588,920 Ob
*Vetr

234.912

170.166 99
181.666 90

•

$1,434,493 08

f^>i25 *?
^.Z^S 2S
90

Inotoded

above

39

$682.495 20

189J

Sard Oocuc* CUal CuarAsr.
**
•««'iif
3S.0«9 99

Coal Sales
Income from Other BoiUMS.

Operating Expenies.

Balance

«71».48«43
14$,1 97 7$

JKBaBU'

THE CHR'JM

1038
TRACK SrATEMENT.

GREAT NOBIHERN RAILWAY ASD PKOPBIETARY COMPANIES.
Gt. NoRTH'.sRr.
Leased from St. P.

Main

2d

Track

Track.
12-26
14-66

Fergus J-'ails Uiv... .'>87-22
BreckenridKeDiv.. 571'07
Korthorn Dlv
544-54
Dakota Div
605-53
Montana Div
5151-18
2,872-51

3d

Ath.bthct

Ude

Track. ethVr'ck. Track.
8-10
9-91
142-79
1-18
2-5-2
71-60

Total.

66-15
47-57
54-88
26-92

9 28

Main Track
Q.N. Rj

12-i3

Pro PR I ETA u V Cos.
East'n Ry. of Minn.

72-39
253-22
146-91
69-84
2 48

2,921-17

3,304-16

3-3-15

104-54
283-18
158-15
73-93

29-96
11-24
4-09
1-84

2-48

6-80

29-40
9-23
12-43
462-27 3,93076
There was completed during the year an extension from Eagle Bond>
Minn., to Park Rapids, Minn., 51'524 miles, and between Heudrum,
Minn., and Alton. N. D., 10-381 miles.
The system of tracks at the Boston & Montana Smelter near Groat
Falls was extended 2-02 miles.
Total.all Lines. ..3,417-38

t This statement does not include the Pacitlc Extension under construction, of which 511-'l miles between Pacitio Junction, Mont., and
Spokane, Wash., are practically completed, and will be placed in oper-

ation this season.

'During the year the lines to Barker and Neihart were completed,
and an extension to the Mountain View mines near Butte, uader oonetruction, will be completed during this season.
The line between Silver and MarysviUe has been removed.

EQUIPMENr STATEMEJjr JVSE
Class—
Ijicsmotives

Passenger Equipment
Freight and Work Equipment

G.

If.

30, 1893.

By. M. G. Ry.

2^9
215
9,826

20
10
837

E.Ry.
18
13
1,274

This report shows a steady improvement of the bu-in°s3
of
company and of its proprietary lines and companies, and
attention IS particularly called to the respective statements
ot
each company as compared with former reports
Attention
is also respectfully called to the provision
made for improvements and renewals.
The advent of your Company to the Pacific Coast marks an
important change in its general position as regards trans-Continental traffic.

382-99

tXotal

'Montana Cent. Ky.
Willmar & 8. F. Ry.
Dululli W. & P. Ry.
Minneapolis U. Ry.

[Vol. LV.

this

Miles.

,

U.dM.k!/.

LE.

Total.
3\i7

288
11,937

The Board of Directors has durins; the year continued the
making all improveiueats, as far as possible, of the
most permatieat character.
Heavy steel has been laid in place ot flfty-six ani sixty
pound sections on abouD one bunared and sixty mile3 of ttie
main track.
The wooden bridge across the Mississippi River at Minne

Your Company has, at the expiration of its contract with
the American Express Cjmpany, organized the Great Northern Express Company, which is now operating on all its lines.
It is believed that the revenue from this source will hi largely
increased by this change.
During the year §89,000 of the St. Paul Minneapolis & Manitoba Rill way Company's First Mortgage 7 per cent Land
Grant Bonds were exchanged for the Consolidated Mortgage
43^ per cent B )nds of that company, and liy the operation ot
the_Firbt Mortgage Sinking Fund an additional amount of
$435,80) of the Fir^t .Mortgage Bonds were redeemed and caaceled, thereby reducing the interest to be paid by this Company as rental under the lease, $33,031 per annum.
It is coafideutly expected that the process of exchange of
First Mortgage 7 per cent Bonds for Coosoliiiatel Mortgage
41^ per cent Bjnds, which is conlinuing rapidly, t02;ether with
the f urciier operation of the Sinking Fund, will effect the
early extinguishment of the First Mortgage.
Upon the retirement of that mortgage, the proceeds of the
Manitoba Company's lands will be devoted t) the parcbase
and cancellation of the Consolidated Mortgage Boad^.
In this connection your attention is called to the statement
of the bonded debt of the St.. Paul Minneapolis & M-initoba
Railway Company, on page thirteen [pam-jhles report] and the
very low rate of bonded debt and fixed charges pn- mile of
road.

policy of

apolis has been replaced by a heavy double-track steel bridge,
and heavy single-track steel bridges are replacing wooden
ones across the Mississippi at St," Cloud and the Red Lake

River at Crookston.

The following is a statement of the Minneapolis
Cloud Lind Grant for the fiscal year ending Jim-s 30;U.
LAND COMMISSIOXEE'S REPORT.

&

St.

Jas. J. Hill, Esq., President.

Dear Sir 4 I herewith respectfully submit tha following
report regarding the Minneapolis
St. Oloud Land Orantior
the fiscal year ending June 30, 1893

&

:

The work of replacing wooden trestles with stone culverts
and earth embankments has been continued, witli the intention of making all this work permanent as fast as renewals
are required.
Pariicular attention has been given to the increase of terminal yards and passing tracks.
About three hundred miles of the main track between
Barnesville and Pacitic Junction are being heavily billasted
with gravel, and the entire distance will be finished ne-\t year.
The gradiug and track-laying on the Pacific Extension between Spokane Falls and Puget Sound have been rapidly
pushed forward, and it is expected that the track will bs completed to the Pacific Coast not later than the end of the present year. The Pacific Extension is being heavily ballatad
with either broken stone or gravel over the entire length of
the line, and your Board of Directors has great pleasure in
saying that the entire work on this line is most thorough and
substantial in all respects.
The crossing of the Columbia River is being made by a
heavy steel bridge, which will be fully completed by the last
of January next.
The Pacific Extension will be readv for traffic early in 1893,
and its condition will then be such that its traffic can be
handled with all the safety and legalarity of an old line.

Acres.
425,(i6J'0O
5 1 ,20000

Amount of Grant. HinoWey Branch
Amount of Grant, Willmar Branch

476,864-00
'

'

148,084-83
Total Acreage Selected to Date
Total Acreage Deeded to Company to Date...lll,-498-07

Total Acreage Sold Prior to June 30, 1892

Remaining Unsold June

57,863-66

30, 1892

419,000-34

* Ot selected lands, 39,26964 acres, and of deede 1 lands, 13,214-57
acres, included la previous reports, wera decreed to Duluta & Iron
Range Ry. by Supreme court of Minnesota.

During the year ending June 30, 1893, 3,173-33 acres of land
were sold for $16,083 80, an average price of $5 07 per acre.
The elisbursements of the Land Department for the vear were
§35,387 70, including $34,893 97 paid to Duluth & Iron Range
Ry. Co. for lands sold by the G. N. Ry. Co. and afterwards
awarded by decree of Court to D. & I. R. Ry. Co.
Amount of Deferred Payments due Company, $35,559 00,
bearing seven and six per cent interest.
W. W. Braden,

Land Commissioner.

JAMES

J.

HILL,

President.

REVENUE ACCOUNT.
(ST. P.

M. & M. RY. CO.'S

To Conducting Transportation, Motive
Power, Maintenance and General
Expenses
$6,383,298 09
Fund for Permanent Improvements
and Renewals
750,000 00

Balance.

LINES.)

By Earnings:
.$9,720,485 95
.
2,028,948 85

Freight

Passenger

Taxes
Guaranteed Interest on St. P. M. & M.
Ry. Bonds, Paid and Accrued
$2,890,946 22
Guaranteed Dividends on St. P. M. &
M. Ry. Stock, Paid and Accrued
1,200,000 00
Maintenance of St. P. M. & M. Ry.
Organization.
8,277 92
Dividends, Ht percent, Aug. 1, 1891.
Dividends, II4 per cent, Nov. 1, 1891.
Dividends, IM per cent, Feb. 1, 1892.
Dividends, 1 14 per cent. May 1, 1892.

LEASED

$7,133,298 09
367,550 65

Mail

304,17184

E.xpress
Miscellaneous..

153,460 hg
397.060 89
12,004,128 48

4,099,22114
$250,000 00
250,000 00
250,000 00
250,000 00
1,000.000 00
4,055 54
$12,601,129 42

$12,604,138 42

INCOME ACCOUNT.
Scj

B.ilance

$913,475 69
Interest on Bonds

Owned

Dividends declared on Stocks
Rental of Leased Lines
Bills

9^943,475 60

Receivable

—
Owned.

$4,055
340,187
18.036
178,256
219,763
135,630
17,547

54
11

00
38
18
02
46

$943,475 69

Decgmokr

THE CHRONICLE.

17, 1892.]

Q£NKRAL BALAKCM •BKBT tVHK

To oo»t of proportion •nd arouiitlon
noniitn'd from 8t. I'uul MInneapolla
di Mniiltolui Kollwoy
1(19,990,000 00
h«w.(iuli,.ii..ut
a2«.40O«ft
AUaitl"iia and ImproveoinnU
1.237,812 73

10JI9

*0, 1«93.

Ry oapltAl atock

frooMtU

froui

HcvurlUaa aold

Other proprrtlos * »coiirm<.»owii«a.
"ibbI'ost
i,o»»,uo/ oi
Kxv«D<U-d rorooiiatruotluuor PaolUo
I''""$20,154.702 03
iDii'rcst on bond!
iiiiO.uso oo

m

iTuJjiMllo

~~~~~~

I.IAIIIIITIRa.

r

tTAMO? ao

iiiipaW

,'

404,904
I'.

908,103

I

A'*\

KxpeniUd

""»

for oonatruotioD of other

'

308,708 20

'

'

"

'

'

•

"Illce
I

Due

Due

to other ou'a

HtatosTranaportal'u

ftaano

t03.l4aa7

due

>l

and tii<UTida<uf

H

coKiTBnnrtnic MaanjTli

894,28806
81.549 10

'

"lid

71

2.^.01184

I)

MllTlduttla.

!

n-oLi utlier co'B aiiu'liidUiauais"

'.

M
M

ia,«MM,M>I 93

272,:)137S

1=:-V;;
States Postal Drp'mt
'!

rilXCHLUtdUU

'.',

$356.053 20
862,230011

\.iikoltloo
!

"I, Oct

i'

81,528,285 13

I'lml otllco

not tlu«

'

CURHEST *s.e™.
Ca»hlnPf.
CM-h h: ^

S.t'.

124 472 03
'

M.

2,739',a00

18

oniCR

4,744,43100
494,888 (V2

«,>, ,.uMatcriol siiijlj
Maieriai

73

6,9O0J«fM
I.I

klill.ITIU.
inf.

r

N
l.'iiloD

Ry.

Coal Co

•CIR.TAB IS
51 3.295 94
1U3,4M7 30
039 94
101,198 89
880,000 00
1,777,817 as

Proceeds Pnclflc extcnalon lH>nd«
911,731,871 64
iDtenist ri^pelved f ruui Pacinc Extenlion fuuda
4)3,200 24

M

13,184,080
4,297,088 4«

Subsoriptlon CoUatoral Tnut Bonds...
Bt. P. M. A M. Ry. accounts in Uquldation

105.178 7«

Pnnd

for permanent ImproTementa
and renewals

1.017,278 44

Bilanco

3445,620 87

$49,330,324 59

949.330,32

1 r>o

=^3

THE UrJlTED STATES RUBBER COMPANY.
APPLICATION TO THE

N. Y,

STOCK EXCHANGE.

CharlFs S. Smith, President of the Now York Chamber of
ComnjMce, Henry W. Cannon, President of the Chase National
Bank, jNew York, and Charles H. Dalton, niannfactarer,
Boston, Mass.
copy of this appraisal, which is herewith
aubmitied to you for filing, shows that the value of the re«I

A

New

York, December 1, 1893.
V\ e rf .opectfu)ly ask your Committee to admit to the
stock
list the Preferred Stock of tl.is company, amounting
to $12,042,500, or 129,425 shares, of the par value of $100 each; and
also the Common Stock, amounting to $18,481,100, or 184,811
share?, par vahie of $100 each, all of which ha.s been issued.
The Preferred Stock is entitled to preferential dividends of
8 per cent, payable on the flrst days of May and November in
each year, and are pavable out of the net earnings of the company before any divi t-nds are paid on the Common Stock;
and the Preferred Stuok will also have priority over the Common Stock in respect to all property or assets of the company
in case of liquidation.
The company has no bonded or mortgage debt, and the creation of any such debt. xeept with the consent of the holders
of record of at least ti. ee-quarters of all issued capital stock
of each class is irohiI)ited by. by-law which by-law cannot
be chanced or amerded except with like consent.
Both tlie Preferred and Common Stocks are issued full-paid
and unassessable, and carry no personal liability to the shareholders, and both the preferred and common stocks have
•

equal voting power.
The organization of the company and the legal validity of
the is-ue of shares have been duly approved by Counsel, and
a copy of their opinion is herewith submitted to you for

estate,

plant!>,

machinery, tooU and fixtures, and
,

DiRECTOBS.

filing.

The United States Rubber Company

is

a corporation

lasts, is

ascertained to be $5,056,000, and the assets other than the
plant, machinery, etc. above referred to, consisting of accounts
and bills receivable and manufactured goods, as determined
by expert accountants and guaranteed by the manufacturen
by the reservation of shares in the Central Trust Company, aa
well as b^ contract, amount to $0,491,900, a certified statement
of which is also submitted to you for filing.
From the statement of the accoimtants (also herewith submitted to you for fiiing) it appears that the average profits per
annum for the past ten vearsof the nine companies first above
mentioned were $9j9,49§ 49, and that the aggregate profits of
these companies alone for the past ^ear were $1,181,186 85, or
more than sufficient to pay the dividend on the present issue
of Preferred Stock.
The value of the plants us appraised (iacluding the value of
the Para plant), together with the assets as certified to and
guaranteed by the manufacturers, and the cash working capital of the company, is equal to the par of the total issue of
Preferred Stock, without consideration of good will, trademarks, or other assets.
The oflScersof thecomiMiny are: President, Robert D. Evans;
Treasurer, Cnarlcs R. Flint; Secretary, John I. Wsterbury.

Charles A. Coffin, Pre«t. General Electric Co., Boston, Mass.
Samuel P. Colt, Pre*. Nat. India Rubber Co., Providence, R.

or-

ganized under laws of the State of New Jersey for the manufacture, principally, of lubber boots and shoes. Its authorized
capital IS laO.OOO.OCK), of which the Preferred Stock is limited
to one-half. Any increase cf stock other than the amount
now applied for to be listed can only be issued full-paid for cash
or for property acquired, under the laws of Nrw jeraey.
The United States Rubber Ctimpaoy now either owns absolutely or permanently controls the following properties
American Rubber Co
Boston, Mass.
Boston Ruljber Co
Boston. Mass.
L. Candee & Co
New Haven, Conn.
Qoodyoat's Metallic Rubber Shoe Co. Naugaiuck, Conn.
Lycoming Rubber Co
Williamsport, Pa.
Myer Rubber Co
New Brunswick, N. J.
National India Rubber Co
Bristol, R. I.
New Brunswick Rubber Co
New Brunswick, N. J.
New Jersey Rubber Shoe Co
New Brunswick, N. J,
The concerns above mentioned are nine of the fifteen manufacturing companies in which is centred the entire rubber
boot and shiJe business of the country.
In addition to the properties above mentioned, this company has also acqiiired the property of the Para Rubber Company, of Boston, Mips., and it has contracted for the control
of two other boot and shoe properties. The concerns alwve
mentioned are twelve of the filteen manufacturing companies
in which, as already stated is centred the entire rubber boot
and shoe business of the country.
The cxclusivo benefit of the skill and experience of the
managers of the several properties atxtve named is insured to

L

James

Deshler, Sec. N.J. Rub. ShoeCo..NewBruiuwick, N.J.
Robert D. Evans. Prect. American Rut>ber Co., Boston. Mass.
James B. Ford, Treasurer Mver liubber Company, New York.
Charles R. Fiint, of Messrs. Flint
Co., New York.
J. Howard Ford, President Myer Rubber Company, Nev York»
Robert M. Galloway, Prest. Merchants' Nat. Bank, New York.
William H. Hill, of Messrs. Richardson, Hill
Co., Boetoo,
Mass.
Henry L. Hotchkws, Prest. L. Candee & Co., New Havea,Con]i.
U. B. Hollins, of Messrs. U. B. HoUins & Co., New York.
George H. Hood, Preiident Boston Rubber Co., Boston, Uaaa.
Charles L. Johnson, Treasurer L. Candee & Co., New Uavea,
Coan.
James P. Langdoo, President New Bmniwick Rubber Cobbp
pany. New Brunswick, N. J.
George A. Lewi.o, Prfsident Ooodyear's Metallic Rubber Biioe
Company, Naugatuck, Conn.
Edwin A. Lewix, Director Goodyeat's Metallic Rabber Shoa
Company, Naugatuck, Conn.
M. C. Mariin, President aaJ Treasnrer New Jersey Robbec
.Shce Company, New York.
Frederick M. Shepard, President Ooodyear's Robber Company
and Rubber Clothmg Compaor. New York.
Richard C. Sibley. Eauitn'de Unilding. New York.

&

&

:

Nat. B»nk
rican SurtJohn P. Townitcod, Presideiii rviiic'KertMcker Tru->i
Charles E. Ttayer, Boston.
J.

Edward Simmons. I'l
im L. Trenholm,

Willi

'

>rlri
.

i

<.<>.

.i.

Y.

Ys

John I. Waterbarr. Vice-President Manhattan Tnut Coi&panv o( '>lew York.
h mue! >). Williamn. Treaxurer Lyooming Rutbar Co c'^bt.

company liy suitable contracts.
The proi)ertie3 secured to the United States Rubt>er Company (other than the Para Plant) have each been appraised by
this

Williamsport, Pa.
J

THE

1040

(JflUONKJLE.

Transfer Agents, H. B. Hollins & Co., 15 Wall Street, New
Registrar, Ceutral Trust Com|)any, of New York.
OflBce of the Conipany, 16 William Street, New York.
Respectfully submitted,
Robert D. Evans, President.
Charles R. Flint, Treasurer.
The Committee recommended that the above-described
$12,942, .500 Ei^ht per cent noa-cumulative Preferred and
§13,481,100 Common Capital Stock be admitted to the list.
Adopted by the Ooverning Committee E>ec. 14, 1893.

York.

THE COLORADO FUE L & IRON CO.
APPLICATION TO THE

N.

Y.

STOCK EXCHANGE.

New

2, 1893.

&

Company (whose

&

&

:

;

tons of coal and coke for the past year, or about two-thirds of
the production of the entire State of Colorado.
Steel and Iron Department.— Daring the twelve yeara
of operation under the management of the Colorado Coal &
Iron Company, the plant has contributed an average of $50,000 per year to that company's earnings, no'.witl^standing
many unfavorable conditions, which have recently been overcome.
The Colorado Coal & Iron Company have expended $840,000
on the plant in the last three years, in tha construction of a
new blastfurnace and other improvements which will largely
increase its capacitv and reduce the cost of production. Experts report that with a small additional expenditure the plant
will compare favorably with any similar plant in the East.
Fixed CHARaKS, Earnings, Etc.— The fixed charges of the
consolidated company will be
Bond interest ($4,244,000 at 6 per cent)
$254,640
Preferred stock dividends ($2,000,000 at 8 per cent)

&

&

;

&

&

;

&

&

&

&

&

&

&

&

:

per month.
Third. 15 equipped and operated coal mines, having a capacity of 12,000 tons per day, and embracing all varieties of
coal (steam, domestic, coking, gas, smithing and anthracite),
and located in various parts of Colorado, so as to reach all
markets dependent on Colorado for coal and coke supply.
Fourth. Steel and iron works at Bessemer, Colorado, containing: Three blast furnaces, having a capacity of 850 tons of
pig iron per day rail mill, having a capacity of 500 tons of
Bteel per day merchant bar mill cast iron pipe plant, having
a capacity of 30 tons pipe per day.
Fifth. Iron mines at Hot Springs and Calumet, Colorado,
a»d undeveloped iron lands at Ashcroft and various other
;

;

;

looalitias in Colorado.

Sixth. Cash
$1,283,971 07.

and convertible

assets in excess of liabilities.

Coal and Coke Departmbnt.—The

established business of
the companies to be consolidated has aggregated 8,300,000

160,000

. .

$414,640
The earnings baaed on the present earnings of the com-'
panies included in the consolidation, with a reasonable allowance for economies which can be safely relied upon as ths result of consolidation, including fhe saving of $100,000 in
expenses of management, will amount to $1,200,000.
In the organization of the new company provision has been
made for a reserve of bonds and stock (a total of^ $3,556,000)
which can be drawn upon for any necessary expenditures for
"capital account," in acquiring other propertiej, opening
new mines, building coke ovens and additional blast furnaces.

8TATEMENT OF ASSETS

AlfD LIABILITIES

NOVEMBER

1,

1892.

Assets,

Investment accounts—
Eeal estate. incluflinR coal & iron Und.$10,074,847
Fuel Dep'irlmcnt equipment
l,6rt3,85S
Iron Doparlm't, coust'n and equipm't.
1,663,116
Stocks of auxiliary companies
927,000
Miscellaneous property
^„
143,603

41
18

95
00
72
$14,402,431 34

;

&

LV.

:

York, Dec.

Iron Company and the Colorado Fuel
stocks are now listed on the New York
Stock Exchange) were consolidated October 21, 1892, by the
vote of their stockholders, and in accordance with the laws of
the State of Colorado, by the incorporation of the Colorado
Iron Company, which company thereupon acquired
Fuel
all the property, rights and interests of the two companies
first named and assumed all of their obligations.
Iron
The authorized capital stock of the Colorado Fuel
Company is Preferred stock, 20,000 shares, $100 each, $2,000,000 common stock, 110,000 shares, $103 each, $11,000,000;
total, §13,000,000.
The preferred stock is entitled to cumulative dividends of 8 per cent per annum, and no more, before
any dividends are paid on the common stock. Preferred
stock has the same voting power as common stock. The
capital stock of the company can only be increased by the
affirmative vote of three-fourths in amount of the stock outstanding.
Of the authorized Capital Stock, $2,000,000 Preferred St ick
is issued in exchange for the outstandiag $2,000,000 Preferred
Stock of the Colorado Fuel Company, share for share $5,3o0,000 Cotimon Stock is issued in exchange for the outstanding
$3,000,000 Common Stork of the Colorado Fuel Company, in
the proportion of 1?^ shares to one ; $4,000,000 Common
Stock of the Colorado Fuel & Iron Company is issued in exchange for the outstanding $10,000,000 stock of th« Colorado
Coal
Irqii Company, in the proportion of 4-lOthB of one
share to one making the total issue of the Colorado Fuel
Iron Company's stock : Preferred, 20,000 shares, $3,000,000;'
Common, 92,500 shares, $9,250,000—$11,250,000; and leaving'
$1,750,000 Comhion Stock in the company's treasuty, which
can be issued for purpose of acquiring or improving property.
The Colorado Fuel
Iron Company is authorized to issue
$6,000,000 General Mortgage Bonds, $4,244,000 of which are
to be retained by the Trustee and used only for the purpose of
retiring the outstanding Bonds of the Colorado Fuel Company
iud the Colorado Coal
Iron Company, viz.; The Colorado
Coal
Iron Co., $3,101,000; the Colorado Fuel Company,
$1,048,000; mortgage indebtedness on lands purchased from
the Denver Fuel Company, $100,000— $4,244,000
leaving
jil, 756,000 of General Mortgage Bonds in tlie company's treasury, which can be used for the purpose of acquiring or improving property.
By the terms of consolidation, the Colorado Cjal
Iron
Company agreed prior to consolidation to transfer to the
Colorado Coal & Iron Development Company all its agricultural lands and town lot property, the Development Company
agreeing to assume the bills payable and floating debt of the
Colorado Coal & Iron Company, amounting t ) $659,000. The
real estate transferred to the Development Company is subject to the lien of the Colorado Coil
Iron Company's
General Mortgage, but the Colorado Fuel
Iron Company
agree to pay both principal and interest as they become due.
The stock of the Colorado Coal
Iron Development Company owned by the Colorado Coal
Iron Comoany, including that received for lands and lots as ab)ve, aggregates
6(i,000 shares, par value $6,000,000, which is to be distributed
to the stockholders of the Colorado Coal
Iron Company
by the Colorado Fuel
Iron Company, acting is Trustee, in
the proportion of 6-lOths of one shire to one share.
The property acquired by the Colorado Fuel
Iron Company consists of
First.
69,000 acres of land with proved deposits of coal
ajSgrpgating 400,000,000 tons and unproved reserves which
undoubtedly contain many million tons more.
Second. 800 coke ovens, having a capacity of 25,000 tons

Ihe Colorado Coal

[Vol.

Cash and eouvoitilile assetsStocks. boud3 and miscel. eeciirltles.
Oiish in banks
BtlU rec^.ivable
..,,.^.......
Individuals and companies ..... .1...
.'.
dustoniers' accounts
Oool. coke and lunnutitctarediron
Material and supplies

Denver

R-^tall

Department

$134,300 00
250,137 81
14,.i45 91
73,124 15
286,789 27
291.021 as
387,7 73 90
72.417 18
1,810,409 63

<i'

$15,912,840 97
Liabilities.

$2,O0O,O0O 00
9.2o0,000 00
3,101,000 00
1,013,000 00
J 00.000 00
192,402 41

Preferred stock

Common

stock

The Colorado Coal & Iron Company bonds
Tile Colorado Fuel Company bouds
Tlie Denver Fuel Company land note*....
Surplus (undivided profits)
i^-.i]'..C

Cash lialiili ties—
"M ''
payable
$72,000 00
Unpaid vouchers
31,782 15
^
r,...,.....,.^
Unpaid pay clieckg ..................1....:.. 71,91496
Tadivldnal-i and companies
34,368 91
Colorado Coal & Iron Company coupons... 14.610 00'
Colorado Fut'l Oouipauy coupons
510 00
Colorado Fuel Co. unclaimed dividends
835 00
384 51
L. H. Meyer, Trustee
Bills

226,433 56
$15,912,810 97

The surplus fund rapressnts the net earnings of the oonsolicompanies between the datts of valuation of properties
and the final conwlidation of accounts November 1, 1892.
Board of Directors.- J. C. Osgood, H. R. Wolcott, Dennis Sullivan, W. H. Jam»s, C. H. Toll, J. L. Jerome and J. A.
Kebler, of Denver, Col. E. J. Berwind, E Thalminn, H. K.
McHargand C. F. Meek, of New York; W. L Graham, of
datf>d

;

Pueblo, Col.; Paul Morton, Chicago,

111,

Osgood, President; Henry B.
Wolcott, First Vice-President; Paul Morton, Second VicePresident
A. Kebler, Third Vice President; C. M.
J.
Schenck, Secretiry; A. C. Cass, Treasurer. J. A. Kebler,
General Manager, Denver, Col.; A. C. Cass, General Sales
Agent, Denver, Col. : D. C. Beaman, General Att orney, Denver, Col. C. M. Schenck, General Auditor, Diinver, Col.; R.
O. Hills, Geologist, Denver, Col.; C. H. Parmelee, Assistant
Secretary and Assistant Treasurer, New York.
Transfer Agent, Knickerbocker Trust Company, 18 Wall
Registrars of stosk, the Atlantic Trust
Street, New York.
Company, 39 William Street, New York.
General office, Boston Building, Denver, Col.; New York

Oknbral Officers.—J.

C.

;

;

office, 18

Broadway.

A

certified copy of the articles of iuc9rporaEnclosures
tion, four samples of the form of stock certificates, a certificate from the Atlantic Trust Company, registrars, showing
»
the amount of stock already issued.
Application is hereby made to have listed on your Exchange: 30,000 shares ($3,000,000) preferred st ock and 92,500
shares ($9,250,000) common stock of the Cjlorado Fuel & Iron
Company, and that the stocks of the Colorado Fuel Company
Iron Com(common and preferred) and the Colorado Coal
pany be withdrawn from the list.
:

&

J. C. Osgood. President,
The Colorado Fuel & Iron Company.
The committee recommended that the above-described
$2,000,000 8 per cent cumula'ive preferred and $9,250,000 com-

mon

stock be admitted to the

list.

^Adopted by the Governing Committee, Dec.

15, 1892.

»

DSOBMBKK

1

THE CHRONKJLfc*

il,

PUDAT.
TBS MoviMiiiT or TRi UMor,

COMMERCIAL EPITOME.
FlUDAY Nionr, December

•veek, making tha total recoipia hp
8,)06,8'J5 batw, aRainat 4,8a»,M4 baIe.H
1891, •bowing a deor«as« sinoa 8«pt. 1.

came time liberal umouuts of aisricultural stiiples at
and on passage to seaboard have oxo«eded thn OalTMVm

moab and

o.
o.
o.
o.

iieUvery

MareU deUvery
MaydeUverr

9-95

9 98
9-45
9-35

lO-oO
»-91
9-65
9-44

9-92

9-95
9-95
9-75
9-76

9 95
9-75
9-65

10'80
10-2
10-10
10-10

15-30o.

Meli

I

Jane

67ft

1,881

i',o«i

WllmlnKton....

1.13S

1.290

438

1,187

1.886

613
98

9.0M

1,330

1,207
2,023

1,223
2,670

818
«70

884
87

1,06«

e.4M

Ma»

860
706

601
680

757

888
6*7
768
838
3,768

9.79»
1.864

Point...
irirp'tiri,*o.

soe

Mow Tork....^

••••••

Boston ......*.
Haltimore

•18

riiUadelph-a,Ao

496

QalTOiton...

SlPMO.Ae.

New Orleans.
riorlfla
.

.

TMt

MinetBtp.

Wttk.

1, 1892.

Wtek.

1.1891.

754,8381 39.4a»| 790,887{
17,035
32,481
912,
836.455 90,902 1,350,553
116,315 12,733 175,621
lS,777l
14,61 li
S78'
567,688 3»,60lj 737,1461
104,494
7,019 U0,027|
225,219' 20.184' 353,637,

45,186
8,746
96.12

ij

393
21,014
5,946!

7,413

222
133,912
541

6,030'

Wilmington

Wuh'tn.Ao
Horfolk

Wast Point.

wptM.,&a
Sew York.
Bocton
Baltimore...
PhU'dol'a.&o
Totals.

ft.818

..

S9|

1881.

155.490
6,709
279.998
39,708

134.48A
436.918
88,881
I

133.»1»
10,108
73,338

131.1571

iMoo;
58,669

i.347
8,584

1^6,519

*i,oio

880,484
194,874
17.838

43,417
16.336

Mja»<

104'

173,639| 80,067|
160,738, 13,163
10,752
936|
3,486
17,740
3,167
96.436

6,483
6,539
597
2,371
8,519
2,769
1,9B1

1899.

20.720,

2,843'

19,408

3.993

3,U«

67,881
10,098
1,485
389.838
37.000
19,599
0,789

4'7,8eol

303.733'
37.OO0I

94,S0t{
84.702'

2».687
14,605

19,736l

211,399 3,209.885 277.994 4.339,339|l,130,667ll,a»6,9l7

may be made with other yoar,
give below the totaLs at leading ports for aix eeaons.
In order that comparison

Ht tttptM at—

WtPolnt,Ae

6,099
6.483
7,13«

fined sugars have been neglected, with a declining tendency
Granulated is quoted at 4^c. A concentratsoft grades.
ing movement in black teas has taken up about 60,000 packages and increased cost one cent p«r lb. Other staple groceries
*
quiet.
Kentucky tobacco continues in fair demand for export a
full prices, shipper* taking during t'le past week about 300
bhds, mostly low grades. Seed leaf toV>acco has been ijuiet
but steady. Sales for the week were 1,060 cases as follows
150
100 cases 1891 crop, New England Havana, iiSOSSc.
cases 1891 crop, Pennsylvania Havana, 14* 88c. ; 160 cases
1891 crop, PenoBvlvania seed, 12>^<«16c. ; 175 cases 1890 crop,
125 cases 1891 crop. State
Wi-iconsin Havana, 12 6} 14c.
Havana, 13,<«24c. ; 150 cases 1881 crop, Zimmer«, 11® 12c.
150 cases 1891 crop, Dutih, 12314c., and 150 cases 1891 crop,
also 600 bales Havana, 68c.(8fl 12, and 450
Ohio, 8J^(i«llc.
bales Sumatra, 60c.@$2, in bond.
Straits tin has been fairly active, but at a further decline in
values, prices dropping to 19-46c., but the close was steadier
Sales for the week were about 400 tons, Ingot
at 19-60C.
copper has advanced a trifle, but the tride continues ouiet,
has been quiet but steady at
closing firm at 12-25c.
3-75 .
Pig iron is quiet and unchanged at ?I8@|t5 50.
K lined petroleum is dull and n<\''v n*. .)-3>'>. in hhK, 2 9^J

other*

18,964]

31,419

211,899

277.984

266.827

All

fot.thliweek
BlnoeBept.1

48.932
86.139
9,239
21,014
7,443:

40,391

90,902
12,733
89,601
30.184
8.639
80.057

14A49

30.447
98,739
10,406
36,571
11,167
5,909
17.646
15,933
21.818

262.296

w»

1887.

1888.

1880.

1890.

1891.

1882.

41,116
89,843
11,661
38,102
16,699
4,761
26,727
16,636
30,779

GalT'«ton,&c

15'90c.

86.075 ~15.5»»
85.301
68J8«
10,809
10.703
38,80»
85.194
10,745
15,287
6.816
8,739
90.099
38,420
17.Ba9
19,283
14.798
31.060
354,013

303,899

3208.88914389,389 8964,426 3isU9.a71i 3380.888 a706.79«

The exports for the week ending this evening reach a total
of 119,712 bales, of which 64,871 were to Great Britam, 81,919
Below are
to France and 31,623 to the rest of the Continent.
the export* for the week, and sinoe September 1. 1893.
«. I. uat, (• Ok. 1*. 1188
irw* MKlW Dte. 14.
1»»«rt«4t»•rta*

:

;

OrMl

IMal

BrM'n.

Wtk.

laiTMtOD....,

li,OM

UMl

ValsMo. a«-.<
^•w Orlwuu.

ii.nt i».ns

;

;

;

>oo

...

CharlMton...
•rumlnatoo..
•«or(alk

vf*tt Point..
Import !»wi. »e

lull

»,440

«,M0
S,1U

total

firm but
I

roUl.lwBl-,

«.»0
«»l,iM UI.SI*

lujm

Moa

n,Bi*

11.510

«.4M

aiw

4«,0J»

4A

i.KSl

--*

l8.fU

u«u8ir

Mllut

t.lS)

WW

M,TM

ajM

^

•Am

J

t.Mt

Vt.

.

n*

1,1

I.OM

«.I4«

8,704

4«.a»^

i.ita'

«M8r

njmt

i ISA.

fhUaiM»'*.a«

:ianj?ed at

74.814

M,M4
S.IKI8

<«w York..
Sotton
OalUmor*.

IMal.

7t.a8

Slt.7U

to.srii

—

Bmniwlok

TOO
4«.t*7

Mobil* a P«n
A*T*na*Ii

L^d

n

8*7
9.871

1891.

AnM Alp.

P. Royal.ato

|

steadier.

a*

633

88

341

291

TMt

0,239^

BftTannah
Brans., Ao.
Obarlsston ..

on

Hope are

i.ui

l.llS

I

Mobile

New Orleuu
18-(K)j.
iai5o. »epi
14-90C.
l5-05c. Oot
May
Uotrflo
Raw sugars have advanced in price on the stimulus of a Barannab.
demand sufficient to take up all the desirable supply immedi- 01iaTl'tt'n,Ac
ately available. The close is firm. Centifugal is quoted at Wllm'gt'n,Ar
%%c. for 9t5 deg. test and muscovade at 3c. for 89 deg. test. Re- Norfolk...

dull.

219

1883.

tMttiptt to
Dte. 16.

Aiirtl

ilk,

1M»

rotalsthUweok 30,382 42.340 40,825 80,962 27.488 39,407 311J89
The following shows the week's total receipt*, the total linoa
Sept. 1, 1893, and the stock to-night, compared with last Tear:

1010
1003

H.I.

5,848

8,848
1.889

...•••

Wast

m.

C

8M

1,407

10-25
10-2J

c^i-

%SHl^

1.8«7j

1.477

I

in bulk and 6-25c. in
3-95 1 ; naphtha. Sl^c.

ftm.

*W.

8,1»« 48,184
8,7ie
3,7*8
8.703 •6,198

S,98t:

•89
8.M0| 8.784, 81,014

I

i

8,731

9.«88

Cfcfifee was neglected by all classes of buyers, and the market hardened, with increased offerings and some urgency to
realize on part of holders. Prices declined under the pressure.
Bio is quoted at lej^c. for No. 7 ; good Cucuta at 20^(^210.
and interior Padang at 27%'J28Jic. Oonlracts for future delivery have been liquidated freely by holder* of " long " enikkgements, causing a general decline in value, but at the close
*-day the tone was slightly strengthened by more encouraging advices from Europe and Brasil.

18-45.^.

6,0t4

•,a7«

.

16 lOo.
15'60u.

n,«42

4,8S4

cream.

Feb

7.41 a

r»«rf.

4,111

1

Jan

»«.

tarannah
Bmniw'k.Ae.
OharlMtoD
Port Roy al,Ae

I

Deo.

Tm*.

WMb'Kton.Ao

Pork has been moderately active at advancing prices, closing iirm at |15:315 25 for old mess, $t0:ai$16 50 for new mess,
Cut$18(a $19 50 for short clear, and §17 50;a$18 for family.
nn.i< .v.. continued quiet, but prices have made a slight
at 9^($9c. tor pickled
ioi;
I with hogs, closing nrm
hi
13 lbs. average, 8^c. for pickled shoulders and
ir pickled hams.
Beef is firm at $7ioj^7 50 for exi$0 for packet in bbls., 510J12 for family and
Beef hams are quiet
lur extra Inain mess in tierces.
•51 1(35^1
but steady at 81-4 a|l-i 50. Stearine is quiei and easier at 19,(4
Oleomargarine
is dull at
lOJ^c. in hhds. and 10?-4C. in tierces.
ibj^c. Tallow has been more active at a decline in prices,
ctosing at 4^c. Butter is quiet, but choice grades are steady,
closing at 19>^@29J^c. for creamery. Cheese has been fairly
active for export, and firm, closing at 9311e. for Stale factory, full

:aO,4SOI

Jfea.

......

Norfolk

iWine.

Deoemtier aeUvery

m«

norMa

lation in lard for future delivery has been more active, but
during the fore part of the week realiziog sales by " longs"
caused a moderate declme in the near-by deliveries, but later
the market turned decidedly stronger on active buying for investment, stimulated by the continued small movement of

JWuary

of A«p«., MM.
iMTtod of

Orleans... it,ioo ie,8fto 29,880 >s,oa« 19,184
Mobil*
S44 1,191
BIS 3.091 3,««l

lard, but breadstuifa

OLOuiia ruoBS or ulko rornaB*.
Wed.
Thur.
Hon. Tuf
Bat.

19M.

16,

vu iiinmin

Hew

have secured little attention from ezporterd, though the loiv
price of Hour is stimulating a bitter borne trade. Cotton remains the leadtni; attraction for speculators who deal in doproducts. Ocean freights are ruling unusually low without
attracting additional shipments of importance.
Lard on the spot has bien in better demand, mainly for export to the United Kingdom, and prices have advanced. The
close was steady at O'.'iOc. for prime City, lO'iJSo. for prime
Western and 10-50c. for refined for the Continent, The specu-

dAAT

-•t

*«.

X1Pmo,*o,..

reiiuiruments of trade, and exerted a depressing influence
uiiou values. There has been a slight itupule given to tho
for cured

tor

this

Ht(>i'AL.'iMle|>ota

demand

DoOMlbOT

P. M..

m ladlMU4l

from the South to-niRht,i«KtT«nb*l«w. for UM wMk Mdla(
ersnins the total reo«lpta havn rnantuid 9ll,Mt balM,
*KaUiat 355,910 bale* last we )k ami
\\m (ha pcarlo—

18, 1892.

Business in nearly all braachrs of trade utofit smaller,
operntoTB manifo^tiD^; n B«a»oDable incliuation to ourtftil neStorms in tho
gO'.lations until the opening of th« new ytar.
WtMtand Northwest have rettrded the inov«inent of grain;

foreign

1041

COTTON.

%ht Commiercial gimes«

at the

..

.

«iji( si.';-.11

1».tMi

WttWt.«M»

f

THE CHRONICLE.

104^2

In addition to above exports, our telegrams to-night also
give us 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 Messre.
Carey, Yale
Lambert. 24 Beaver Street.

We

The Salbb and Prioeb of futcbeb are shown by the
f •llnwinar
CD

o^o oQ A

It

» a
t3

Leaving
Oreat

Ooast-

Other

Britain. France. Foreign

New Orleans...

None.

None.
None.

30 437
298-583
71.463

18,073

221.649

909,003

13,723
13.439
None.
None.

24,066
23.854
10,000
9,000

None.

600
None.

OtUer ports....

None.
None.
None.
None.

3,000
2,550
25,000

TotaH892...

78,939

27,167

97,470

.

..

Ne-wYork

11,073
2,91)0

3,500

2:^8.780

84,118
108,257
41,663
32.703

Ep-

-

|e.p

:

M 4^
a »

41,218
71,381
12,900
14,000
7,000
13,000
5,150
57,000

3,424
23,015
None.
4,400
7,000
6,500
2,600
32,000

Oalveston
Savannali
Charleston .
Mobile
Norfolk

OB.«»

Stock.

Total.

v>Ue.

a^

^s fwob

On Shipboard, not cleared— or
at-

comprehennivft tahln-

9"1

5*

&

Dec. 16

[Vol LV.

00

o®

3>

P

00-

M

(B

Hw«
O P>

:

S.S-W

O
B-

OD

0*^000
o3.e.g
»
woo
C-a 01 so
P IB- <«i

24.801
27,881

13.237
18,914

58,124
61,185

sat)

:

o;

p

;

Bo
to

CO

I

CO

CuMt-

B 010^^

MM 5'
•<
p.

OO'

CD

OOT'

CO

233,981
224.917

1,021,236
.)7 1,208

the variable views current as to the probable result of the
vote on the measure were the principal disturbing factors.
The general inclination of value, however, was upward, as
the construction placed upon the apparent relative positiocs
of supply and demand favored the bullish element.
During
Saturday and Monday the market fluctuated with some violence and appeared to lack strength, but on Tuesday the bulls
commenced to secure greater advantage, which was increased
during Wednesday, and yesterday the buoyant tendency was
quite pronounced. A feeling had arisen that the Ami option
bill would eventually be defeated, and to that was added the
influence of a shrinking crop movement in the Atlantic cotton
States, increased demand from domestic spinners and more
encouraging advices from Europe. To-day's market has been
exceedingly nervous and irregular, but at the close the inclination was rather in favor of buyers. For cotton on the
spot the demand was only fair but offerings light, and prices
have advanced J^c, closing at 9^c. for middling uplands.
The Cotton Exchange will be closed on the Saturdays preceding Christmas and New Year's day.
The total sales for forward delivery for the week are 1,514,500
bales. For immediate delivery the total sales foot up this week
3,763 bales, including
for export, 2,163 for consumption!
for speculation and 1,600 on contract. The following are
he official quotations tor each day of the past week—

—

December

:

03

Btrlot

Good

7%
858

9X16

9%

9^
lOH

lOH

10»8
11

10=8
11

GOLF.

Sat.
lb.

Low ailddllng
Mlddllntr
Good .Middling
Btrlot v:*ooa
Dirioc
Good iVIiddllrg
j>uaaiirg

nion Tues

813,6
9ie

Sia

91a

813,„
9i«
9i«

910,6

10>4
107,
lO'm

Middling Fair
Fair

101,8
1014
10=8
11

9ifl

&\
._

8=8
816,8
9'16
9'l8

z>
71016

7l*ie
8i3ie

Btriot

7^

8»8
815,8
9^16
99l6

7» 16

7»16

,

7%

9%

lO'ie lOlig

y

acq

^

to to
». 10 10

totooto

cotocto

-j

-j-j®a
01^

CXI

<

tcto

5

to to
.

.

Good Ordinary

fl\>.

9%

101,8
101.1

lOOg
11

9%

9^(1

916,8

916

ITIou

Tues

(»r:

838
9°18

port.

Bftfday. Easy

Monday Firm

'.'.'.'.

Tuesday Steady
Wed' day Quiet
Thnr'd'y SUadyatljgad.
rrWay.. Steady at 1,8 ad.
-Total.

Oontump.

9018

03

cnc;i

i>

JH

.

.

oto
I

<
2

-

-

Oto

9.«:

I

0>

>
<

-

&.Ci^i7i

or":
<r»C5CD
Cidi^C^

CDtC
.^o:

-aCJTM®

I

©P:

(DtOOCO

<t>^

I

M

<»

0000

a.c«:

CO 5
MO ®
cote CO

I

SpeC'l

totooto

M

-l-I^tj.

^CH

406
290

1,000

20J

2

102
2.163

....'

1.600

iJ.O.

to to

9ij:
totooto
c£tD®CC

too

<l

I

tcto
tcto

2

6c^'

2

totooto
obQb®*q

coosm'^
I

tooto
(iO,j,

I

5

coto
-id)

2

K^COM*!
».°=:

»•

o

COOO

I

«?:
to

1

I

tococo
ob»®ob

o

Ci>0(

-J
•<>

1

to

totooto
O'CO

o

*-a

2

I

9*-:

=

iftit-

W M

15

15

a>
•*

to

«.«''
I

I

*^

Oil.,

<»,«;

MMCOM MMtOM

£•0

-to

0300 coco
00
t^to
'

9

5
2
**

cooto
oo^to
M
GCi;^

00

*"

totooto
toabOob

o

i(...J

> e.
to to
QtitO
I

*
'^

».":

9:

M — WM MMOOM
:

tOi)
cot"

o.»»:

1

OOCO COOO

1

:

•

d:

1

M

1

;

1

M

9:

:

•

mI

•

^

I

•

5
I

9:

616,8
7916
87,6
938

lotai.

I

>

I'I

I

I

9

I

I

7

I

I

758
Sht
97 ,8

I

'^^^

154,1)00

25H,100
215,100
195,300
364,300
327,10©

3,763 1.514.500

I

I

I

n
I

I

Salet ot
Futuret.

I

>
^

>

ll

I

1,406

490

:

1:

9:

:

I

11:

9

I

I

I

I

Th. Frl.

1,061
10.

....

tcto
tots
oooi

to to

"^

9^16
9ll,6
910,8
lOia
101,8
10=8

1038

Con400'

o

totooto

00 CO to*'

I

>

I

ta't'n; tract.

»p:

9.^-:
9.*-:
0.0:
ocoo MMOM
COOO tccoto cotocto
mmOmto mA®M
-00
-to
to
ox
M
tcto
to
o_
MM
^ M
>
0=
00
oto 5
00 5 oto
MM
00 2t oto
2 6*
2
-qo<
M
tOQO
-)*'
"

MMOIM

itDOtO

coco-q'i

9.":

I

00
to to

tfi

5

5

t0'.O

M®

I

I

<

M--4M MMC M
OOCO
0000
c6=>6
—
c;iO'
to
M

00

5

CCOitO**

®(0O® (DOOW

.

1***.C0*^

9.^;

^

toco

-to^t.

00

I

CCtDotO

ccosto^

l-'O

tOMM'<

to

9

8i4,e
914
9=8
9'8

8%

301

1,084
....1

;

8l8

SALES OF SPOT AND COXTRACT.
Ex-

toco

coco

eO'^COCO

MABKBT AND SALBB.

OLOSED.

totcoto

9.®:

wcJ^co

I

-!

aOMt2

7%

Wed

9he

O.i

o-co
I

_co

tC^DtStO

®®

Frl.

109,8

6'9
7i«

;

01

Th.

9%
9>ii
9^

6^9
7>3
838

0

933
9'l6
9O8
9.1,8
913,6 9-'8
lOig
103,8
10»18 10%
lOit,. 103i
Ill
Ills

7"l6
71*16
813,6

lOH

a

tt-.sc to

:

totocto

CDQ6t-«C»
001 CD**

8%

915,6 101,8

10>4
IOI4
lO'ia 101,8

I

CD to

COA to^

to

:i<i

7''e

The total sales of cotton on the spot and for future delivery
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.
SPOT MABKSI

a.=

9

Wed

'"16

6-'8

7'4
838
95,8

Middling

:

tO'.0

tOtfktO^

tctfc-tO^
I

CCCiO®

7i«

7'56
713,6
81116

-1

**

c. OT

c :;»co*<

I

Sat.

Btrlot Good Ordinary
Low .Middling

"^

I

11013,8
.„ IOIS16 1018,1 ioi4,6 1015,61 11
111^16 Ill3l8 113,6 113,6 11^6 1138

STAINED.

<
o

.

-

CnCJi

oocow'*

rfkCO

738

73a

9h8

Ordinary
Btriot Ordinary
Good Ordinary
Btrlot Good Ordinary...
Low Middling

ttcootc

a
Otoe®
I

vy wT

inon Tues TFed Th. FrI.
739

8»e
8io,e

Middling Fair
Fair

cxw

CO

toco

Sat.

Mlddlini?

MOO

a;

tOtO^M

y lb. 7^
7%

Ordinary
Btrlot Ordinary
Good Ordinary
Btrlot Good Ordinary
Low Middling
Btrlot Low Mlddlinu
Middling
Good MiddllnK

I

MCCB

<

CJil^

«
a
C0 50OO

16.

UPLANDS.

^

I

The operations in cotton for future delivery at this market
have been conducted under a feeling of much perplexity. The
so-called Anti-option bill under discussion in the Senat9 and

10 to

m

frtt

10
*

I

December

oa

7'iao"5

coco

Total 1891... 137,819
Total 1890... 116,937

0*7

<
I

I

19

9:
li

I

I

I

II

1

I

I

*

Includes sales in .-iepceuiner, 1892, for Bepteinber, 1,700; Saiitomber-Ootober, for Ootoljor, 420,500; Soptainbor-.November, for November, 8 79,90f.

I'hefollowing exchans:es have been
•11
•10
•22
•03
•21
•25
•39

pd. to eicli. 3.100 .Tan. for Fob.
pd, to excli. 600 Mcli. for Apr.
pd. to exch. 100 Jan. for Mcti.
pd, to cxcU. 500 Deo. for Jan.
pd. to exfti. 2,000 Jan. tor Mch.
pd. to excli. 1,700 Deo. for Moll.
pd. to exch. 100 Jan. for May.

made during

the week:

09 pd. to excU. 100 Deo. for Jan.
•07 pd. to exoli. 300 D.^o. for Jan.
•22 pd. to exeli. 400 J m. for Mch.
•20 pd. to exeh.
•31 pd. to exoh.
•19 pd. to exoli.

200 J:m.
500 Tan.
100 Feb.

for Mcli.
tor Apr
for Apr

THE VI8IBLE8UPPLY OP COTTON to-mght, as made up by cable
and telegraph is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week's returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Dec. 16), we add the item of exports from
the United States, including in

it

the exports of Friday only.

UXCEJCBSR

THE CHRONK'LK

17, 1803.]

IROa.
IROl.
b»lM. 1,460.000 1,197.000
&,000
8,000

atook at LlTerpool

Bwok lit Londun

Total Oritnt Britain Btook. i,<ias,ooo i,2os.ooo
lIiiiiiliiirK
1.200
1.900

took Hi
gtook ut
Stock »t

llrcvii.Mi
\iii •: .rilaiii

Btooli
BttM'li

'
'

.,

.>••..•.

M......

Bt4>C'k

stool.

ut

Btoi'li

tookal

r

-.0

1

rota! Continental stoolii

rOBean Blocks

18B0.

1)1110

810,000

000

is'oou

879.000
8.300
134,000
10,000

813.000
9.000
loa.ujo

130,000
ld,000

300

400

400

8,000
888,000
e.ooo
78.000
0,000
11,000

9,000
851,000
8,000
60,000
7,000
30,000

4U0

3.000
170.000
3,000
& 1,000

0.000

R.OOO
139,000
8,000
B8,000
M.UOO
'8,000

639,400

600,300

348,700

81'),«00

—

.SU.OOO

utHoatrorKurope.

"

1
'

13" kk
6:rooO
6U.I,0<J0

:>lloatfor

Europe...

^stook

U'

7S8 000

1,130.«67 1.2.^8.217

r<lnt<irlor8took8..
'

461.000

n exports to-day.

Total Aunrloan...
Sasl Indian, Briuit,<te.—
LlTfriu>..l »t<)Ok
Lou. Ion fi.K'k
Oontiii'Mii ilfltooks

405,149
30,233

607,463
28,117

6/0,000
709.125
606,386
40,443

,

Egypt. Brazil, <bo., afloat
Total East India, Ao
rotalAuterloau
.

4,277,439 4,439.097 3,310,664 3,116.360

6^d.

4i«d.
71»,.o.

9^90.

9%.

it\
10<«

At THE iNTEaiOR Towns the movement—that is the receipt

lor the week, and since September 1, the shipments for
week and the stocks to-night, and the same items for
corresponding period of 1881— ia set out in detail in

following statement.

the
the
the

ON
0%

y»
OS
»«»
OH

0«
B^

OH
OV

0%

10

OS
OH
9'.
10)*

IOi«

OH

•<•

10

SI;*
Bi«

»••
B<«
n-k
B's
10i«
B>«

o<s

10

iS»H

10

0%

B%

10

"•

The closing (|uotations to-day (Friday) at other lmport«ai
Sonthem markets were as follows:
quanta
0',« Uttle Rook
OH Nnwberry...... 0%
UoluinbuB, Oa.
9H Moot«oroanr
OH KalcUb
f%
OoluiubUB.Mlss
OH NaahrtUe...,
OH Seliua
Vi
Bnfaala
9H Natobas
OH Sbrereport .... •*!«
Bboxiptb From th» Plamtatioks.— The following ubi«
iadicates the actusl movement saob week from the plantatiooB.
The flguros do not include overland receipts nor Southan
I

I

oonsumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop wbicb
Onallr reaches the market throuKh the outports.
B4<HpfattUPorU. afhtlnUnorl^wiu. n44'rummrf»riiB.

ITMk

isaa
••

"
"

UOL

ista

ISDt.
1

«78.«»t S4A.IMeM5.«l»

Not. 11
"

'

0>s

'o'S

....

fH.

TIknri.

0<«

9\

PtUladelpU*
4afaata
Memphis....

IfsaiM«.

»H

WS
0^
Bt

KatUioor*...

D«a

U

O".

0>«
0>«

5»„d.

lar The importe into Continental ports the past week have
been 85,000 bales.
The above fluures indicate a deorease in the cotton in sight
t>night of 101,608 bales as compared with the same date
of 1801, an increase of 966,785 bales as compared with the
oorresponding date of 1890 and an increase of 1,161,079 bale*
compared with 1889.

O-*

VUmlnt^ton.
Norfolk
Boaton

loljc.

BSiftd.

0>«
0^1

Otariaston.

UMUvllle...

3,863.039 4,042,797 2,806,954 2,718,060
^,
^
183.000 189.000 298,000 192,000
6.000
8,000
36.000
19.000
139.400 117,300 10H.700
80.400
36,000
16,000
20,000
63,000
91,000
06,000
63,000
47,000

TMt.

&:£".•!"

44,8 >3

663,000
767,681
898.546
44,863

onnm »4iinn.-

km hidouJm oorra) om-

Km.

Hraniuh...

Uoaston

tiuuranoas

Saitw.

OalvsitoB...

4». \jnn\ti....

414.400 306.300 503,700 897 400
3.863,030 4,0 »2,797 2,806,954 3,718,960

Total risible supply
Price Mid. Upl., Liverpool.
Price MM. Upl., Now York.

loT^

OtDOlDuatl..

,

India afloat tor Europe

dUMiM
Dte.

47.(K)0

Total visible supply
4.3T7,4S9 4,l39,n97 8.310,864 3,116 360
'\ l^, CnetotalBof Amerloaaa]ldoUle^deso^lutlouaaremrollowt'
ilmc^^cu.*—
lllTe^pooI «t00k
bales. 1,277.000 1,009,000 568,000 606,000
Coutlnentatstooks
600.000 383,000 283,000 339,000

AmerUan

jaooTATiom roa Middum Oottoh AT

767.661
301.618

Orihoiti'

1013

*»0'»*'«g*»»oloslii|iqoo«w4on»of
•ra«nd oUmt DrtBoipaJentlao iMrkft.

6.000

•1.000

lOO 1,706,300 l,301.70f
16,000
30,000
401,000 7."iht.00a 620,000
i,Ao.,aflt(orIi;'r*pe
."il.OOO
06.000
63,000
ted etatos ports.. 1,130,657 I,2,'i8,il7
7lt9,ia.'»
Btuck In U. U. Interior towns.. 466,149 607,463 606.386
UattedBtntei ezporta to-day.
36,233
28,117
*0,44J
3,10-1,

u.itloatrorKnroii«.

70()

»tt,000

130,000
15,000

un
..•

.

2

.

.

U01.

isn.

1

»SW.

ISSO.

1

ISHL

tnxn 4n47S'ni,ou SIB.ISO JMjisjtro.SM

M«,0«« 3SS.714'Mi,78S !M0.17« 4M,M1 *S8.asi *os,as« S4B447SM3M
«iS.Cigi SIS.t% esi,78i SM.478MMB7 t4S.SM tssjso S<TJM|'*74JU
241 .ais MS4<i MS.au 4S0,»<S SHAU M6M7 *8i.(« suuosssNjn
M7,B» W6,M4 tWJItO 4W.18S M,TM|4aS4M|S«6.T7* «a,SM«l.TtT
tM.St7 277.084 2I1.SM'm«.SM aOT.4«* M.U» «>a,M< lt*0.«St tS4.«*4

18
28
z
a
1«

—

The above statement shows: 1, ^That the cotal recei pts from
the plantations since September 1, 1893, are 8,088,400 Mks; ia
1801 were 4,890,869 bales; in 1800.were 4,4S6,242 balsa.
8.—That, although the receipts at the outports the past week
were 211,309 bales, the actual movement from plantations
234,094 bales, the balance going to increase the stccks at
the interior towns. Last year the receipts from the plantations
for the week were 330,303 bales and for IWO ther were

WM

803.524 bales.

Overland Movement for thx Wkkk ahd siircK Sept. 1.—
statement showing the overland movement
for tne week and since September 1. As the returns reach na
by tele^ph late Friday night it is impossible to enter so

We give bolow a

largely into detail as in our regular monthly report, but all
the principal matters of interest are given.
This weekly
pubhcation is of course supplementary t« the more extendsa
statements.
The
monthly
results for the week ending Dec. 1ft
and since Sept. 1 in the last two years are as follows:
1893.
^'-•CCO)-3lO'XOK»-00<OCOQDCC00^090iO^O^- C»^ CotO*^ i. to

no

UlO-'IOtOIOCd^

I0<-*

f'i-

K

to

Dtcember 16.

I

OMcr»o:&uacoucDtDO-4iQio-4ac^'-ixcocM-]^iB.4.cofT:£

tCOMifr(riOHi-'C<3^M»Mtf^#kOD^i^CO

'a
•"4

M

MIO
eoMMtOOl

1^

c^^scrK)loMxo«-c2^oaoc^aDlOO)C3aa»(0^o^CtoataoaDx^

ouccos-jc^io^f'-jacMtoMi^tai^MOutowooi-jaaoaaiM

MM

M M

Mtfb

'I

u^vn'.-k.iucco; otx'vioctococ^tooai03a>0)aD-'QCQ»d u<t«K<»«Moai3* ocou-j:
^QoOi»,QDioco<^aa(DaDtou

w K

IkC^MMMi^i^

CC^tD>OO>IOC0aD
aDaxocitc;oc:cd^i^aoo>ao<o-^ioot->ioMCoc^O)i^oo«aDeoc;iaii
<-»

«-*

frC

1-

ITeek.

la

193,130
100.600

St. Lonls..

Tla Cairo
Via Hannibal
VlaEvansTllle
Via Louisville

M
MMMM*^Ma:M^
MM

Ma

IfMik.

«q»<. 1.

Ship

a2c:c;i-^ucc^w>xtocorocjuaoifk^iui»-(0<k03co»atao^0toc;i<o

M »
eo

1801.

ainet

103.317,
7.690'
74.1^3'

26.744
15,660
9,616
491
6,870
49.960
B.48B
76.252:
3,973

835.tS8
180,44*
107,37a
18.771
00.S96

603,873, 08,742

893,6«»

13,401
3,108
3,187

127,180
35.608
so,r7»

Via Cincinnati
Tla 01 her routes, Ao
Total Kross overland...

Diduel ihipmmit—
Overland to M. Y., Boston,
Between Interior towns
Inland, Ac, from South

I

*

69,308
13.623
2.il6
2,375

ite.

94.«04l
12,4661

31,869

ooIbm

Total to be deducted...

17,214

138,6201

17,760

213.S6t

Leavlnic total net overland*.

52,092

466.343

50,983

690,431

InoludlnK movement by rail to Canada.

The foregoing shows that the week's net overland movemeRt
this year has

!*

been S2,002 bales, against 30.983 bales for the sania
for the season to date the aggregate net
overland exhibits a deorease from a year ago of 315,178 bales.

week in 1891 and that
,

OC^-C CiCiiO- XCi-'0S'XJWi*.-JW»^OM*>C0^O®»-WaDflfc-sl-5CK

o u » u a« o M to ^ o o* ^

)-•

CO 00 gt cc. CD o< <D
10

lb.

w ga 1^ to u 00 w a da
^
_
•-•

Takingt.

OO;0O-^OOaDtCOCCC0i>'itkC0Oi^O-4-^»0OOW-^t0«4O'^AO
M*. M
M
M«CO»CWWOX©«
^ *- ;;<co«-Mxu mT
w»o-4-xoicsmwi^,

*
t

to:
wi.

M0D0D0DC0^OMeiJMCJ»OC'O,3^^<lW
<Diopui^#,^tDtf^x<ccna-'aa»tooo

MtaocsC!W»Moi*i^i^**.a»«c;»x^

Louisville (Inures "net" In both years.
This year's Hgures estimated.

Wttk.

Bonthem conanmpUon
I
I
I

AfM.

1.

Wmk.

311,309 3,308.88s!377.0S4 4.S39.S95
B0.983 rt'<0.431
58,003 465.3431
5.3431 ftO.9
0,00a 1S,0
is,ooo ::.i5,ooo
10.000 sao.oooj

Reoelpu at ports to Deo. 16
Ret overland to Deo. 16

MM
Is*

1801.

1893.

In Bight and Spinntrf

to Deo. 16

M3.401 8,013.138 S4e.B«7 5.7il.?S«

Total marketed

92,606

Interior stocks In

326,515| 53.700

6.M.534

309,676
Came Into stcht darlnit weak. 306,186
....
4.330.643
5.796.390
Total In siKht Deo. 16
1

The above totals show that the interior stocks have inereated Kerth'n spinners tak'fS to D«».iel
i».178.—
854.848
during the w*'ek 32.69") bales, and are to-night 132,311 bales
It will be seen bv the ah0ve that there has oome into sight
leas than at the same period last year. The rec> ipts at all the
towns have been 47.907 bales lesn than the same week last daring the week 800,184 bales, against 899.67S bales for the
year, and since 9ept. 1 they are 816,237 bales le^s than for the same week of 1891, and that the decrease in amount in sight

ame time

in 1891.

to-night as

compared with

last

year

is

1,SM,M7

balsa.

.

THE CHRONICLE.

1044
Weathek Reports by Telegraph.— Our

telegraphic

[Vol. LV.

Savannah, Georgia.— Ra,in has fallen on six days of
the
week, to the extent of forty-three hundredths of an inch
The
been excessive at a number of points in the Southwest during thermometer has ranged from 38 to 77, averaging 55
Augusta, Oeorgia.—We have had light rain on three
the week, interfering with the movement of the crop. In the
days
ot the week, the precipitation being nine hundredths
of an
Atlantic and Eastern Gulf States, however, the precipitation inch. Average thermometer
52, highest 71 and lowest 31.
has as a rule been light. Picking has been completed in many
Charleston, South Carolina.— There has been rain on
five
days of the week, the rainfall reaching seventy-five hunsections.
dredths of aa inch. The thermometer has averaged 55
the
Oalveston, Texas.—yfe have had showers on three days durhighest being 76 and the lowest 40.
ing the week, the precipitation reaching thirty-one hundredths
Stateburg, South Carolina.— We have had rain on three
of an inch. Average thermometer 58, highest 71 and lowest 46. days of the week, the rainfall reaching ninety-five
hundredths
Palestine, Texas.— It has rained hard on four days of the of an inch. The thermometer has averaged 49 '7, rangine
*
31-5 to 71 -e.
from
week, the precipitation being three inches and two hundredths
Wilson, North Carolina.— There has been rain on three
The thermometer has averaged 46, the highest being 60 and days of the week, the rainfall reaching
ninety-four hundredths
the lowest 32.
of an inch. The thermometer has ranged from 26 to 68, averHuntsville, Texas.—We have had heavy rain on two days aging 45.
of the week, the rainfall reaching one inch and ninety-four
The following statement we have also received by telegraph
hundredths. The thermometer has averaged 52. raneine' showing the height of the rivers at the points named at 3
s
«
from 35 to 70.
I'clock December 15, 1892, and December 17, 1891.
Dallas, lexas. There has been rain on two days of the
week, the rainfall reaching one inch and thirty-one hundredths. The thermometer has ranged from 24 to 80, averNew Orleans
Above low- water mark.
agmg 52.
Memphis
Above low- water mark.
San Antonio, Teaias.—There has been heavy rain on four Nashville
Above low-water mark.
days during the week, the precipitation reaching two inches Slireveport
Above low- water mark.
Above low- water mark.
and thirty-six hundredths. Average thermometer 52, highest Victes'^urg...
72 and lowest 32.
INDIA Cotton Movement prom all Ports.— The receipts
iMling, Texas.—We have had hard rain on two days of the
week, the precipitation reaching two inches and sixty-flve and tiipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Dec. 15,
hundredths. The thermometer has averaged 58, the highest
BOMBAT BECErPTS AWD SHIPMENTS FOR FOUK °IEAR».
bamg 80 and the lowest 35.
Columbia, ITeaas.— Rain has fallen on two days of the week,
Shipments this week.
Shipments since Sept. 1.
Xeeeipts.
o the extent of forty-eight hundredths of an inch. The ther- rear Great ContiGreat
ContiThis
Sinet
mometer has ranged from 44 to 73, averaging 58.
Total. Britain
Total.
Brit'n. nent.
nent.
Week. Sept. 1.
Cuero, Texas.— Ii has rained on four days of the past week,
4,000 4,000
5,000 71,000
76,000 31,000 134,000
the rainfall being one inch and forty-two hundredths. The 1892
1891 1,000 1,000 2,000
4,000 43,000
47,000 11,000 109,00o
thermometer has ranged from 49 to 75, averaging 62.
.>,000 32.000
1890
3,000 3,000
37,000 41.000 184,00a
Brenham, Texas.— Rain has fallen heavily on two days of 1889 4,000 4,000 8,C00 27,000 71,000
98,000 42 .0001 252,00
the week, to theextentof two inches andfifty-five hundredths.
According
the
to
foregoing
Bombay
appears to show
Average thermometer 55, highest 75, lowest 35.
Belton, Texas. It has rained on two days of the week, the an increase compared with last year in the week's receipts of
precipitation reaching thiee inches and eight hundredths. 20,000 bales and an increase in shipments of 2,000 bales, and
The thermometer has averaged 55, the highest being 82 and the shipments since Sept. 1 show an increase of 29,000 bales,
The movement at Calcutta, Madras, and other India ports for
the lowest 28.
Fort Worth, Texas.— It has rained on one day of the week, the last reported week and since the 1st of September, for two
" Other ports
cover Ceylon,
to the extent of one inch and himdredth. The thermometer years, has been as follows.
ruticorin, Kurrachee and Coconada.
bas averaged 48, ranging from 25 to 70.
Weatherford, Teams.— There has been rain on one day of
Shipments for the week.
Shipments since Sept. 1,
the week, the rainfall reaching one inch and eight hundredths.
Great
ContiThe thermometer has ranged from 26 to 60, averaging 48.
Great
Total.
Total.
nent.
Britain.
Bntain. Continent.
New Orleans, Louisiana. "We have had rain on five days of
the week. Average thermometer 59.
Oaloatta—
Shreveport, Louisiana. Telegram not received.
1,000
..
1,000
1892
2,000
5,000
7,000
1,000
3,000
4,000
3,000
1391
5,000
8,000
Columbus, Mississippi.— It has rained on one day of the
week, the precipitation being one inch and twenty-two hun- Madras—
1,000
1,000
12.000
6,000
1892
18,000
dredths. The thermometer has averaged 46, ranging from 26
2,000
2,000
13,000
1891
8,000
21,000
AU others—
to 65.
1,000
2,000
14,000
3,000
21,000
35,000
1892
Leland, Mississippi. Telegram not received.
1,000
1,000
16,000
15,000
31,000
1891
Little Bock, Arkansas.— Rain has fallen abundantly on
three days of the past week, and there is a further fall to day, Total all3,000
28,000
32,000
60,000
1892
2,000
6,000
which has not yet abated. All parts of the State report a
1891
8,000
4,000
7,000
32,000
28,000
60,000
very wet condition, with bad roads and all streams at high
stages, and rising. Very little cotton has been gathered the
The above totals for the week show that the movement from
rist two weeks, and from personal inspection in three counties Ihe ports other than Bombay is 2,000 bales leas than the same
find an exceedingly small quantity to gather.
The rainfall week last year. For the whole of India, therefore, the total
has been three inches and nineteen hundredths. The ther- shipments since September 1, 1892, and for the corresponding
mometer has averaged 88-7, the highest being 54 ajid the periods of the two previous years, are as follows:
lowest 29.
BXPOBT8 TO BUBOPB FBOH ALL INDLA.
Helena, Arkansas. It has rained very heavily on two days
1891.
of the week, the rainfall reaching seven inches and sixty
1892.
1890.
Shipments
hundredths, and rain is falling this morning. Unpicked cotThis
Since
This
This
Since
Sinci
to ail Europe
ton has been damaged. The thermometer has ranged from
Sept. 1.
week.
Sept. 1.
week.
Sept. 1.
from —
week.
28 to 52, averaging 40.
76,000
2,000
47.000
37,000
4,000
3,000
Memphis, Tennessee.— It has rained on three days of the Bombay
60,000
67,000
5,000
7,000
60,000
8,000
week, the rainfall reaching four inches and seventy-six hun- mother ports.
dredths. Rain is now falling. The thermometer has ranged
Total
136,000
9,000
9,000 107,000 11,000 104,000
from 25-2 to 56, averaging 40 '2.
Alexandria Recjkipts and Shipments. ^Through arrangeNashville, Tennessee.— There has been rain on two days
during the week, the precipitation reaching two inches and ments we have made with Messrs. Davies, Benachi & Co., of
twenty-seven hundredths. Average thermometer 40, hiehest Liverpool and Alexandria, we now receive a weekly cable of
^
the movements of cotton at Alexandria, Egypt. The following
60 and lowest 22.
Mobile, Alabama.— We have had rain on five days of the are the receipts and shipments for the past week and for the
week, the precipitation being one inch and twenty-six hun- aorresponding week of the previous two years.
dredths. The thermometer has averaged 54, the highest
Alexandria, Egypt,
being 68 and the lowest 86.
1890,
.1891.
December 14.
.189?...
;,
Montgomery, ^iabama.— Picking is virtually completed. It
has rained on two days of the week, the rainfall being seven- jHcelpts (oantars*)..,;
"
220,000
180,000
This week
300ro50
ty-two hundredths of an inch. The thermometer has averaged
2,347,000
BineeSept. 1.
3,4'!e,000
2,859,000
62, ranging from 43 to 60.
Bine*
This
This
This
Since
Since
Selma, Alabama. Rain has fallen on one day of the week,
week. Sept, 1. week. Sept, 1. week. Sept, 1.
to the extent of eighty-five hundredths of an inch.
The
thermometer has ranged from 31 to 75, averaging 53.
Eiporta (bales)—
To Liverpool
8,000 184,000 20,000 181,000 9,000 136,000
Auburn, Alabama.— There has been rain during the week
9,000 99,000 3,000 55,000 10,000 77,000
To Continent
to the extent of seven hundredths of an inch. Average therports this evening

from the South indicate that the

re-

rainfall has

'

'

—

—

'

—

—

-

—

—

—

'

:

—

'"

-*:

--'

'

1

mometer

49-1, highest 66,

lowest

31'5.

-

Madison, ^orida.— Telegram not received.
Columbus, Oeorgia.— There has Been rain on one day during
the week, to the extent of seventy hundredths of
an inch
The thermometer has averaged 52, ranging from 36 to 60.

Total Europe
17,000 283,000 23,000 236,000 19,000 213,000
\ oantar la 98 Donnds.
This statement shows that the receipts for the week ending
Dec. 14 were 800,000 cautars and the shipments to all Europe
17,000 bales.

1

:

DtOKMBUn,

';

THE CHRONICLE.

1892.]

—Our report r«ceiTed by cable to-night

Manorxstkr Market.

market is flrtn for both yarn*
India i^ itiiproving.
We uivo
the prices for to-day b«low and luave thoae ror pravkMia
weelis of this and last roar for oompariMB
from Mancliester

8tat«<B tliat the
ilcMiiaiul for

Tho

arul HhirtitiKa.

1892.

82( Oop.

SHlbl.

Twitt.

akirKngi.

d.

Nv.n
'•

d.

«.

d.

S

7M «S>« 5

3
6

7\

7>«97 2

a7\

6^8

n

" •ii>
Doo.a
" 8
" IB

1 891.

OolVn

••8>«

S

Mid
d.

96 10

d.

d.

VpUi

d

•.

<l.

4>s,« 7
6 "4
T«
S"*
7
5ti, e'fg

It

U

believed the

ImmUok

km

o-jtton firnu of

BalUoof*,
minioB

will reaeh nearly half a

dollars.
The wareboiwM ara m oooipleta wr«ok. lloir
conflagration started baa not jet bean laaroed, aUhouAb iba
origin of the flame* la attrlboted to ponfnawii rntnTnmlw.
Several days will elapse before the flre b folly estingnUMd,

Mm

.t

970. 8 7'«97
mlH 8 7lt*7
»7^ 5 7>»»7
•7«» 8 7 96 1
97 «• 8 6>*9eioi«
97«9 8 B>t9tt 104

4"i« 7

97

«.

Alandw

nmd

and

JIui

8MHing$.

Cotton

Fire at BALniioa&-.ni« brolM tmt aboat S a. a.
Dec. 18 In th* oottoa WMvlwaw of
Broira, ai Um
corner of
aad TtiaiiMi trant*. BalUnor*, mmI qulokly
spread throuKhtiut th« adjoining Ht* boUdlofi. Tb* da
buildingi Rontalued 17,81)9 balei of ooteoa, valacd at abool
IHOO.OOO, bvluoKinx to tb«

Ontrt

8A« tb$.

TwUC

UpUU

d.

•.

32« Oop.

MHO

«'|i

4'
4>j
4>..

7H »8«t ^ 7^97 i
7\ 98^ i 7i«97 3
4*;::
and the aolaal loas will not tbarafora be known for so aa HoMk
7* »8»» 5 8 97 3>i M« 16^
4Vi
JoTK Btrm, BAOOwa, *o.— There hw bean only a Umllad
AoRiODLTraAL Department's Report for Dbobmber.
for bagging the past wMk, the wanta of oonaunMn
—The Agricultural Department's report on cotton for Decem- demaad
having been pretty well met. Pricea bare been steady a* a
ber is given l)elovF
:

rule, the close to-niKht beiax at 9)^0. for

T)n' r(>(iirn» of the |)rl«c of cotton on the plantation on the flmt day
nf i>.
rriiior, nccorillnif U> the r(>iiort of the fitatlnUulan of AKrloullure,
I.
111 I'
a returu to iipiirly former value* under the atlmuluit of a nhort
ci"i'. "'> result laritely of a reiliici'd at^roage. The
Orleans price
of BilclilliuK In the tirst week of M»rrh, when planter* were urgea by
the Di'imnment to reiliice the acreitKi'. wa* 6 7-16 oente, and In the
arst wi'ok of December It
9 7-lti oeiits, an Increase of alMut 49 per
I'laiitation priecg are now hl);her thiiii ever In comparison with
cent.
export pricox. dhuwIuK either it narrow uiarKia In marketing or a
Ing for future mlviince. The averaKe of plantsllou price* I* 8'4 cent*
that of virtrtiiitt 8-6 oentK, North Carolina 8'8. South Carolina 8-6,
Oeortcia H 5. Klorldn Upland 8-'2. Alabama 8-8. MlHslHilppI 8-3, Louisiana H-4, Texas 81, Arkansas S-5, Tcnneii.see 8'5.

New

New Orlbanb

directors of the

boM

—We have

We

f)

December

Ortal Britain.

1.

Continent.

838,000
401
264.158,000

.

Bxchamoi.—The new botrd

Domestic Exports of Cotton MANorAcrcRES.— Throagb

lVi.'<U.

839.000
474
235.486,000

Cotton

New Orleans Cotton Ezchange m*t oa

the courtesy of Mr. S. Q. Brock, Chief of the Bureau of
Statistics, we have received this week a statement showinK the
exixjrts of domestic cotu^n manufacture for October and for
the ten montlis ended Oct. ^1. 189'3, with like figure* for the
oorreaponding periods of the previous year, and give them

For 1892.
Takings by spinners. .bale»
Average weight of bales.lbd

for 2 Iba.

—

received to-dav (Friday), by cable, Mr. Ellison's fl^uree for
November and since October 1.
have also received the
revised totals f<ir last year and give them for comparison.
The spinners' takings in actual bales and pounds have been
as follows:
October 1

lbs,, 4o.

of
Toaedav, Dec. 6, and r«.eleoted Mr. Henry O. Ilrtter, Hecretary
and Superiotendent, and appointed the following staodiog
committees: Supervision E Overbeck, Cbairmui; I>. £^
Moore, J. Wei«, O. L. Putnam, F. B. Hayne. Fiaaoc^—
W. T. Hardie, Chairman; H. Newman, James Lea MoLeas.
•S[x}t quotation committee for mosth of December was alM
appointed: Jeff. Seuzeneau, Chairm%n; E. J. HuniltoD, J. P.
Dobbins, S. E. Mirks, A. O. Dizon.

wm

European Cotton Consuicption fob Deceuber 1

1^

and 0!^c. for standard Kradea. Jate butt* bavr been quiet,
and are quoted thia evening at l^a for paper grade* and Se.
for bagging quality oa the spot.

.

below.

1,077,000
4SI-5
519.644.000

M«%Mt4M0/ Manutaattru of

Oot-

Momth tnOint

Oct. tt. 10 aM*.

aniNa* Oct. «1

and inioMan*)
•vport*dt»—

ten (coloral

For 1891.
Takings by spinners... bale*
Average weight of bales.lbs.
Takings In pound*

533,000

489,000
468
229,219.000

486
239,217.000

1,022.000

DD'.tad Kingdom
Oermaiiir

478
48^.466.000

«

MaHoo

According to the atxive, the average weight of the deliveries
in Qreit Britain is 491 pounis per bale this neaioa, aciin'tt
48G poun<l8 during the same time li3t seaton. Tae C Ji'.in-ia al
deliveries averaj<e 474 pounds against 488 pounds lai' Vrttr,
and for the whole of Europe the deliverieii average 4Si'5
pounds per bale against 478 pounds la<t season. Ojr di-ipa'ic-t
also gives the full movement for this year and last year in
baleo of 400 pounds.

Csntnl Amartcan Stats* and
British Uondara*

Coba

«
Puerto Rloo
Santo Oomlogo
>
Other •flttt Indl**
ArgeoUn* lUpnblle
anull
Oaltad 8t*t«a of Colombia...
Otberooantrl**ln H. America

CWn*
Brit.

Poa-ea'aa In AustrAlasla
and Bast Indlu

Brtilab India

1892.

Oct. 1 to Dee. 1.

Bales nf 400

Iht.

Otbar ooonirte*
OoMuiloa

1891.

Qreai

Oonli-

Britain.

nent.

Oreat

Oonti-

Britaiti.

nent.

326.

Tbial.

Toiat.

Total ri.rda of aboTs..
Total

A30.

'oliMi of olHer Stanufaetftru o/
CbCion <xport«d C»—
Dnited Kingdom

118.

SOS,

322.

203

561,
343,

867,
663,

170.

334

Oct., 4 wks.

406,
320,

328,

348,

676

Bplnners' stock Nov. 1
Takings In November.

86,
882,

213,
411,

299,
763,

142.
829,

186.

328
691

Total supply
Oonetuup. Nov., 4 wks.

43S.

1,062.

46 J.

1,

624,
348,

608

Bplnners' stock Deo. 1

178.

276.

434.

Oonsump.

98,

26

The comparison with

year

last

is

mtl-i

1.001

.'6S,

1,019

828,

851.
348.

140

203.

313,

m ir^

damaor

fraooe
Otbar coantrlas In Barope
Srttlab North Amarloa.
tfixlao
Central Amarloaa

i>y

bringing together the above totals aai aMiO:{ t*n iver-t.e
weekly consumption up to this tim) for th i cw.i y^ ri

SUta*

A

BrItUh

Hondaraa
Cub*

676

stnsia^

Talow ot aboT*..

falaeparrard

431,
836,

Total supply

A*U and

474

333,
228,

Spinners' stock Oot 1.
Takings In October...

In

Vfrtoa
>U*r eoaalrla*.

each,

000* omitted.

rards

Otbsr ooontrlu In Burop*....
BrltUb North Amerloa

|

i

Poerto Rico
3«nto I> tiQintfo
Other Waal fndl**
-..
Artfantlna Hapa'iUc
Bnull
Oaitsd 8t.kta* of Colombia
)ther tttantri** In So. Amarloa...
Britlab po*a«aal in* In Aaatralaata
Otbsr ooantrM* la A*ia aad
oanaolea

arrea
Oct. 1 to Die.

Balu of 400 lb: each.
000* omUltd

ereai
Brilalt.

Continent.

Total.

Bplnners' stock Dot. 1
Takings to Deo. 1....

(6J.

639

431,
1,299

Supply
Oonsnmpt'n 8 weeks.

758,
580,

972,

1,730,

696

1,278

Bplnners' stock DcC.

178.

276

451

1

333.

98,

Weekly Ofmrumptimi.
00* omitltd.
tn October ........
80,0
In Noveinlwr.
*iO,0

87.0
87,0

t'bar ooaotrl**

1x91

1892.

I.

1«7,0
167,0

6lrsW

Oont^

A-Uotn

n*nt.

148.

~26~

fMOl.

474

618.

873,

1.221,

796.
636.

89J

1,633,

696.

18)2,

140

SOS

313.

82.0
82.0

87.0
87,0

169,0
169./

* The average weekly consumption In Ore>t Britain U as given by
Mr. E llaon. 60,000 bales being deducted fro n the month's total on
account of tlie strike.
The foregoing shows that the weekly c^n^umption in
Europe ia 167,00(1 bales of 400 i^unds eacii, against 168,000
bales of the same weight at the corresponding time last year.
'The total spioners' stocks in Qreai Britain and on the C.>ntinent

have increased 165,000 bales during the month, and are
111,000 bales in ezceaa of the

came date

last year.

now

Total valo* of other mansfbolara* ot

4sgr**af valneofalleottoosooda

tlM.100
I8M.SB8

East India Crop.— The following rep>rla on th4 ootton
crop in India are published by the Bengal Chamber ot Ooaa*
merce of Calcutta, under date* November 3 and 9:
Bimbar-The first memorandam oi tbis orop la Vit

il

strlett o(

Ouzerat/Karnatak and Slml show* a largs falling off la (b« are t s iwa.
bn: the oondlUon ot the orop a? to Ojtobsr 8 was g •»! oa (ke wbote.
The first me oorandim oa the erap la ta* early distrleta of Ik* D woaa
Ta*r» 1< ai laalso deala with lnfi>r-n«tloa reoelvad up (>Oitab« 8
crease ot aboat 13>t lakhs of aoras over iMt ysa-** an a aad at 1 1 lakh*
tke * » tara
fairly,
bol
of aor«* over the avera t*- The crop proa'sed
ha* bean serious:/ aflTeoted by the daa^* dm* la KkaadaMk br
ezeeaelve ndn.
^
.
..
..
Banr.— Aooordtng to the seeoad repert. the eetapleied aimai* la
Bs <*aMT* raU taMr2,21 6,894, which I* leu lb an was aatlelpaMd.
teraber has damage<l the plaats. A tatr e.-«r oaly li •xpt^fd.
central Province!. -The Orst report dssenbjd tk* f**«B**to •( tfel*
crop as ex'Wllent, but from the oilddle of AagnsI to tb* •ad *f •*•«{•
report, the ral> gra^'l/ l*t*«l-f»« wjla
t> <r. according to Ue seooad
aia'leu:tural operations aad the pro ipeoU b gaa to IojK (looav
the fine weather early la Uelober mads a Boeh aeadsd ehaax*. » Is
now ealloated that there wlU be an avarafa—that la. a tS^utaa tnfk
North West Provlooes aad Oadh.-Th» aeaead fee oa*» st a tes ftat
th* rains la Ancu*' <^ •el' daoiaae, *w*clally I* IhepteMi so tow
laad. Itl* Bowesttaaaled thatiha ai«a >w*«Mi «*tt«i I* I*** by

^»

:

.

25 per cent than the normal acreage. The out-turn is estimated to vary
from Iwo-thlrtB to three-fourths of the average crop.
Punjah.— The area undar cotton In the Punjab, aooordlng to the
second forecast, is 456,200 acres, which is nearly S"* par cent below
The rains have been f aTorable.
last year's area
Second G neral Report on the Cotton Crop.— Season 1892.~Tba
acreage under cotton in the several provinces Is as f illows

Bombay

3,5ti9,obo

2,217,000
73^,000
456,000
Punfab
616,200
Madras...
1,200,00)
Northwest Provinces and Oudh
of
12,500,00^
Tais gives about 8,800,000 acres against an average
acre.". Taking the returns to the end of Septeuiber the prospects wcro
far too good.
Berar...
Central Provinces

ODKPARA.TIVB Port Kbobipts and DiiL? Uitop Movkment.
comparison of th? port moveaient by weeks is not
tkoourate as the weeks in different years do not end on thesame day of the month. We have coisequenfcly ad led to our
other standing tables a daily and monthly statement, that
the reader miy constantly have before him the data for
seeinj the exact relative movement for the years named.
The monthly movements since September 1, 1893, and in
previous years, have been as follows

—A

Tear Beginning September 1

Monthly

1892

1890.

1891.

1889.

1888.

J,666.633 5,586,153 3.212,833 3,144,538 2,624,096 3,046,616

Perc'tageof tot. pon
receipts Nov. 30

5010

46-37

54-38

47-30

53-51

This Statement shows that up to November 30 the receipts
at the ports this year were 919,17o bales less than in
1891 and 576,200 balea less thin at the aanae time in 1891.
By aiding to the totals to Nov. .30 the diily receipts since
that time we shall be able to reach an exact comparism of
the movement for tha differeat years.
1891.

1892.

1890.

1888.

1889.

1887.

To.NovSO 2,666,653 3,586,159 3,212,883 3,144,588 2,621.096 3,046.616
23,423
46,470
36,459

Dec.l....

"

2

"

8....

"

4....

"
"

6...
6....

"

7...

"
"

8...

...

8.

53,78i
47,786
31.989

9....

18...

"
«
"

14....
15....
16....

S.

23,949

54 352
28,279
33,803

46,051
52,533
34.861
41,241
45,529
36,929

8.

36,593

42,34(

40,825
30,962
27,483
39,407

53,884
64,787
28,621

8.

36,104

47,14*^

S.

54,831
66,353
33,675
43,312
6',178
35,679

33 689
49,205
3 7,782

" 10...
" 11...
" 12...
«

48,158
37,454
39,351
51,726
34,125

8.

54,071
48,455
25,170
33,695
59,5 '.5
39,211

8.

8.

54,953
53,711

37,6C6
46,724
40,247

47,821
54,593
33,2 li
31,8 !2
43,673
40,386

S.

48,0 -C

8.

57,983
37,133
31,238
39,535
42,877
31,129

S.

51,16
37,995
27,309
61,171
36,503

48,464
56,073
32,982
30,005
59,928
35,947

8.

51,544

8.

42,005
33,536
28,165
28,108
50,659

8.

Total
3,208,S85 4,244,322 3,816,004 3,693,462 3,170,983 3,539,867
Peroentag e of total
55-00
58-30
62-89
61-15
portreo'i ts Deo. 16
57 16
.

The Foclowijjo
New Y >rk, S )3ton,

the liBOss Reokipts of Ootton at
Philadelp'iia and Baltimore for the patt

A.aB

week, and since September

^•w 7oaK.

1893

Boston.

Btenvu
Thi.
meek.

1,

Philadelph'a

Sine*

Stnet

TMe

Sept. I.

week.

Sent. 1.

veeh.

Baltimorb,
Thi,
aeek.

Sines
Sept. I

Since
Sept.

'.

llfi.aiS

1,1,49!

122,SiM'

9,875

149,609*

3,873

49,989

4,3S1

3,097

42.888

Mobile
393
370

No.Carol'a.
71rKlni»..,

),O03

9.40J,

711

19,837:

8,177

TtDD., *o..

..•

44.793

North n pta

1

2..S71

foralKD

ax)

17,740

3,347

17.873
4,797

14,t6S
10).7«1

8).918

3,115

5.0J1
2,385
17,444

38,914

4.«5]

17,973

5,0»

9,17?I
34.1'37

178.0^8

3,115

29,166

12,812

99.175

Isa'i

731.991

IM.IBl

307.091 ~¥,S15

40.0n

T3,8~io

139.297

.

Shipping

News.—The

exports of cotton from the United
States the past week, as per latest mail returns, have reached
141,798 bales.

„„„ „
m .Llverpf ol. per steamers
MBW
1 ORK-To
^uranln, 636

Total bales.

,

2, 166....Non!adic. 3,0-10. ...St.

Ronans, 1,123
ToHu'l per steamer Colo-ado. 289
T,) U)ndoD,perhtaara9r Missaohusetts, -iOO ...
To Havre, per frte,>mer La Burgogne, 825
To Bremen, per stinmrr America, 1,100

.

Kepler,

7.005

289

.".'.'".'

200
'

82i

1100

4,937
4,230

797
457
111,798

particulars of these shipments, arranged in our
form, are as follows:
Bull
Bremen A meter- Spain
Liver- c6 Lontt Ham- dam it
and
Tarpool,
don. Havre, burg. Antw'p. Italy, mouth.
'7,005
489
825 1,200 1,041
BTaw York.
400
N. Orleans, 21,385
14,610 13,095
5,109
Qalveston 13,152
14,007 5,C61 .
Savannah.
8,750
Brunswick
2,100
Oharlest'n.
4,436
'7,049

Sorfolk....

West Point
Boston
Baltimore.
PhUadel'a.

4,800

70

6,753
1,937

i'.b'ii

457

usual

Total.

10.960
91,190
32,390

8.7M
2.100
4.486
7,019
4,800
6,823
9,954

457

439 29,442 33,322

Total.... 58,175

1,04111,259

70 111,798

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
GALVESTON- To Liverpool -Dec. 7-8t6amer Rio Tinto, 4,492. ...Deo.
11— Steamer Qiiantoek, 9,000.
To Bremen -Dje. 10— Steimers Arminia, 6,190; Trosoo, e.lOi.
Hew Orleans— To Liverpool-Dec 10-8teamer Yucatan, 2,220 ...
Deo. 14 -Steamers Discoverer, 3.150; Niceto, 3,800; Deo. 16Steamers Costa Rican. 3,530; Louisiana, 6,583.
To Havre— Do. 9 — Steamer Navarro, 7, "00
Djc. 12 -Steamer
Guide, 6,6)9 ...Dec. 16-Steamer Marseille, 4,861.
To Barcelona— Dec. 12 -Steamer Juan Forgas, 4.700.
To Malaga— Deo. 12 -Steamer Juan Forgas, 2,000.
Bronswick- To Liverpool— Djo. 12 -Steamer .Mnakaeaton. 3,903.
Wilmington- To Liverpool— Deo 1 1 -Steamer Sandhill, 6,03 ).
To Bremen— Deo 16— Steamer Holyrcol. 5.450.
Sobfolk— To Liverpool - Deo, 13-8teamerGleneoil, 2,922.. .Dae. 14—
Steamer Madrlleno, .333.
West Point-To Liverpo 1 -Djc. 12-8teamer Ambriz, 4,321.
Boston— ro Liverpool -Deo. 6 -Steamer Bostoalan, 625
Dao. 8f teamer Palestine, 1 688... Dec. 12
Steamer Roman, 1,744,
Baltimore— To Liverpool -Deo. S-Steamer Pdrkmore, 1,536
Drtc, 13— Steamer Assyrian. 2.751.
To H ivre -D ic. 10 -Steaner Almi, 1.063,
To Bremen -D)0. 8-8te:imer Brauaschweig, 963.
To Amsterdam - Djo. 9— Steamer P. Caland 1,300.
To Rotterdam -Dec. 2 -Steamer Venango, 570 ...Ddo. 9-3teamer
Urblno, 508.

Philadelphia— ro Liverpool—Dec. 13— Steamer Ohio, 272.
Cotton freights the past week have been as follows:
Hon.

Satur.

Liverpool, steam.d

Do

later,

Do

Wedna.] Thurt.

Tucm.

rf.

'33*^16 °,2»'l8 ^.ia*'i8 »9»'sa

d.

...

...

Bremen, steam.. rf.

3 IS

Sie

°t8

'is

»<a

^32

'3.

35*

35*

Sl6»"4

he^H

»i7

d.l

Hamburg, steam^.
Do
d.
Ams'dam, steam. c'

....

35*

Reval, steam ...d.

....

35*
'l, »>4
•«.

35*

3i63>4

d.

'ss
'16

-.32

'S3

'16

,'l«

Lond'nd.
Antwerp, steam. d.

7,8

"as

7aa

64318

'cia^fl

'84 3*9

,-«l8

'64

d.

Cents per 100

35*

....

....

B'lona.via M'sl's d.
Genoa, steam...

7«4ai«
1

I

Iba.

— By cable from Liveroool wo have tha following

statement of tha waak's

salsi,

,stfi,ik3, <fe.i.,

Nov. 25.
tales of the

Fri.

"61

Havre, steam... fl.

Liverpool.

52!!.407

year

Total.

The

*

4,799

70

Liverpool, per steamer Mongolian, 4,937

To Bremen, per steamers Dresden, 2.6-20
Weimar, 1,600.
To Hamburg, per Bteamer Venetia, 797
Philadelphia— To Liverpool, per steamer Lord Gough, 457

Do

This year 43,511
l»i|«t

To Yarmouth, per steamer Boston, 70

Baltimore— To

Tri')ste,v.

riorlda
So.Carora.

^qq

—

Do

N. Orleana. 15,393

T«i««
SaTannah

7n
Bellaglo, 6,000....
'

Do

TMi

loo
330

Carolina, 3,700
Governor, 3,600
... Inventor, 3,750. ...York. 425
21335
To Havre, per steamers Imperial Prince, 5,839
Sohraon,
8,771.
14,610
To Bremen, per steamers Asphodel, 5,239 ...Glenloig, 5,656 10,895
To Hamburg, rer steamer Rlurciano, 2,200
2,200
To Genoa, per steamer Montebello, 3,896
3!896
To Naples, per steamer Montebello, 1,213
1,213
aALVBSTON— To Liverpool, per steamers Abendana, 7,209
^on, 5,943
13,152
To Havre, per iteamers Nonhgale, 6,141
Oceanic, 7,663. 14,007
To Bremen, per steamer Ardrlsbaig. 3,962
3,963
To Hittiburg, per steamer Ardriihaig. 1 ,099
1,099
8av annah— To Barcelona, per steamer Ma- tin Saenz, 5,250
5,250
To Genoa, per tteamer Martin Saerz, 3,500
3,500
Brunswick To Bremen, per steamer Wivenhoe, 2,100.
2,100
Ohaklkston— To Liverpool, per steamer Annie, 4,186 upland .. 4,483
SoRFOLK— To Bremen, per steamer lUiy Mauneilug, '7,019
7,019
West Point— To Bremen, per st«amer Corona, 4.800
4,800
Boston— To Liverpool, per steamers Kansas, 2,390
L-vke
Superior, 3,0i'5
Pavonia, 1,268
6,753

We

>

Total batea

Bernard Hall, 3,910

.

This statemint shows that the receipts since Sept. 1 up to
to-night are now 1,035,437 bales less than they were to the
same lay of the month in 1891 and 637,119 bales less than
they were t the sirae day of the month in 1890.
add to
the table the percentares of total port receipts which had
been receive i to Dacember 16 in each of the years named.

[Vol. LV.

To Hamburg, per steamer Russia, 100
To Amsterdam, per steamer Dldam, 330
To Antwerp, per steamer Noordland, 711
To Gt'noa, per steamer Werra, 400
Sbw Orleans—To Liverpool, per steamers

1887.

332,01';
654,776
732,236 561,7l(
Bept'mb'r 105,355 876,82.'
October L,13.i,473 1,532,42* 1,365,231 1,325,35S 1,133,011 1,213,404
ovemb'r 1,125,855 1,376,90, 1,145,416 1,257,520 1,159,063 1,178,436

Total..

'

THE CHRONICLE.

1046

Receiptt.

d

.

:

week

oalea.

77,000

at that port:

Dec. 2.

61.000

Of which exporters took ...
or which speculators took .

Dee. 9.

8,0 K)
6.700,
5,700
17,000
11,600
5,000
S'lles American ... ...
..
56,000
31,000
50,000
lotual export
11.000
9,000
13,000[
5',l,000
forwarded
64,000
63,000
Total stook- Estimated
1,170 000 1,275,000 1 ,352.000
Ofwhtoh American— Bstlm'd 1,016 000 1,039.000 1 ,1-^3 000
t-9 000
Potal Impart of tlie weak
187,000, 116,000
Of which Aiuerloan
72,000
143,000 1 3 i,000
38c>.000
imonnt adoat
371,000 312,000

Of whloh American

380,000

385.000

Dee. 16,

36,000
3,000
14,000
31,000
15,000
51,000
,180,00
1 ,277,00
171,00
113,00
218,00
3 15.000 210,00

36 000

..

...

Decrmbbr

17,

THE CHRONICLK.

1803.J

The tone of tho Liverpool market for spots ami futiirex eiich
day of the week ending Oeo. 16, and the daily olcwing price •
of spot cotton, have been as follows:

oAibT

1047
ouMoo rmtam
«,
«,
•.
«.
«.

Marrh dallTttx
VaydetlTerr

Market, I
1:45 P. u.\

In barert'
taror.

Market,
1:45

S,000

6,000

500

500

Aezp.

Futuret.
(

p. >i.(

Market,
4 p. M.

The

{
{

5^

5>«

Um.Upl'da
Bale*
Bpeo.

Tana*.

Quiet and Qalet and
•leadr
•teadr.

»»n

5»„

8.000
1,500

10,000
3.000

5>«

Steady
1

rano*.

Verr
•teadr.

llarilan'i

Ilarden'r.

demand.

6,000
1,000

Bur at Btaadr at rtnnat
a-Mii-M «-Mad
6«(addeonne,

More

Steadier.

rirm

at

Mad-

al

ranee.

ranoe.

Bteadr.

rtra.

lendener.

&>*

7.000
3,000
Stead r

ai
_.

adranaa
Bteadr.

sttted:

f^ The prieet are aiven in ptnet
4 tl3-64d.. anri 5 01 meant 5 l'61d.
8ai., Drc. 10.

0pm

Biih Low.

d.

d.

4.

OfaM.
4.

December.. BOJ 604 60S SOS
6 08 BOS 50S oos
Dec.-Jan...
Jan.-Keb... 6M 604 604 604
r«b.-Mab... SOT 807 6 07 607
Mcb.-Aprll. soe 610 60» 6 10
April-Mar.. 6 IS 6 IS 6 IS
SIS
616
Mar -June..
June-July.. 817 618 617 6 18
6 20 61» 5S0
Jnlr-AUK...

tu

6U

6U

»U

Wed., Dec. 14.
Open Higk Low. Obu.
*.

d.

508 509
600
610
SIS 512

December.

D«c.-Jan-. 506
Jan.-Feb ... SOS
Feb.-Mcta...

5U

Mch.-Aprll.
Aprll-M»y.. 517
May-June.. 6 It
Jnne-July..
Jnly-Aug...

6 15

617
6t0
59S

6»
bM

6 SI

4.

4.

Taea.. Dee 13

Ola>.

4.

4.

Open B19X Low.
4.

607
607
608
610
513
516
618
6S0
5SS

607
607
606
611
613
6ie
618

6U

511
611 611
5 IS 518
5 14 616
51« 8 17
ei» 680
6 SI 68S
684 6S4
6S« 687

610 S80

5 10

604
6 01
5 0J

6CS
6 10

613
515

6W
'

5 20

87%
8M%
30%

SIH
...

37%

37%

St

»7',

M%

»7%
n
W%

MH

J??
t7%

dull

The following are

closing quotation*

nona.

*

taDerOne

bbL 91 70*a3 00 PateDt. wlotar

fO* 8 15 Cltymilllaaxtraa. ...
IBS* 3 36 Rye Boor, raparaB*.

«3

1

aS6a
86*

8 00
8 85

8

Jlears

rina

840«410|

'*5

af4 30

4 10> 4 30
8 15* » 40

„

Oomaaal—

Waa(ani.*e..^....
WeaCem.
Ao..**..*.
SBaaasS
'•tent, aprlng
4 20a 4 SS
Bnuidyvloa..
Bnuidyvloa
290
(Wbeat floor In aaoka mUi at prtoes below tboaa for barrels.!
OB4ai.
Vaeat—
e. ,
0.
CX>na, per bosb.—
sprlnx. oerboab... 6T • 86
Weat'o mixed
44 • Sf
Red winter No 3.. 75%a 77
Bteaoieriro 3
50 • 61
Red winter
63 * 79
Weatem yellow .. 47 •
Whlt«
6< • 78
Wentern wblte .... 47 •
>atA-Mlzed..V ba. 85%* 38
Rye—
Wblte
41 • 47%
we
'eaten, per baab. 64 •
!To. 3 mixed
36%a 37%
Stale and Jeney.. 64 •
Ho. 2 wblte
41%a 43% Barley—No.SWasCa. 78 • 80
ItralKbU

0pm

Htth

4.

4.

5 11

611
618
614
616

611
511
618
618
617

6 l»

5 80

U»c
4.

n

AORICTTLTURAL DEPARTMENT REPORT ON CESS4.LB DBCIMBBR 1. The Agricultural Department's report on cereal* for
December 1 is as follows

—

:

PH.. Deo. 1«

4.

6S8
684 684
6i« 680

i».

517

OlOI.

5 81

Olo.

4.

5 18

6 17

4.

Hie* Low.
4.

4.

SOS 604 SOS
SOS 604 SOS
604 506 604
507 606 807
600 610 600
618 6 13 618
5 14 618 611

Thara., Dec. 13.

4.

63%

|

Low.

600 609 4«a 600
sno 6u0 4N 600
60S S('S 60l SOS
S04 6 06 6 01 604
6 07 8 07 60« 607
60S 5 10 60> 600
61S 518 SK 618
514 616 5 11 5 11
617 617 6 10 6 Id

orm

is

In*
t

62%

39%
39%
39%
«•<%
and largely nominal. Barley has baen qalat, bai
prices have remaine<l ab >u< the aame and steady.
Rye

Cztr»,I(o. S
Bxtta,Il0. 1

Ofm mth

4.

&S3

Thtu : 4 63 meat

64/A.

IHaB.. Dee. 1!>.

d.

6 SI

and

e.
e.
e.

Hat delivery

lowest and oiosmg pnoes of futuret
at Liverpool for eaoli day are given below. Prioes are on
tho Ixksis of Uplands, Low Hiddling clause, unless otherwisr

ft|(|

BIS
Ba

0»ta hiiv* bMn moderately •riirs and prte«a utmdy. TiM
crop movement continue un'tll and tlw jinAing pv't.
iyinpothy with the weakiMM of whmiMiftniT
and frsr at "Um Aall*
option bill has held the marliat in ch«ck. To^y, howmttr,
the market sold olT a trifle, duo to the braak In wheat aaa
com and some selling by "long" boidan to rMllM pnAlu
DAILY ou>siiio paioas or ao. t aiSBD oan.
«*.
Man.
Tut.
Wed.
r»«ra.
fn.
^
^
„
OaeemberdeUvarr
e.
....
*«%
36%
86%

iunary deUvery
Pdbraary daUrary

opi'uiiiR, Iiiglic3t,

em m.
Jfod

tal.

DMamtHir dollrefy
January delivery
robruarr itoUvarr

Alturday Monday. Tuuday. Wtdnit. nurMfy.

Bpol.

:

Ou,
1

613 614 818 518
613 514 618 5 18
614 SIS 8 13 5 13
8I« 617 516 8 14
6 10 610 5 18 8 IS
SSI sts 620 6 81
884 6 84 616 8 28
$88 684 6 86 5S.t
686,880: 6 27 687

The average price of wheat la 63'2 c«nta. The arersce value of
oatHlsSl-d cents. This D«cenil>or iitatutlc:>l rptaroi to the Departmeut of AKrloiilture rplato to farm i>T\Kej*. The value of oom U 39*3
oeots per biiahrl, dvureaaed by ihe surplus ot the prevlooa crop aad
early alslrlbutiou. It in SOo. to 70o. In the Eastero 8tate«, H&e to aOe.
Id the Middle Stales, ranging from 42c. to 650. In the oottoo Slelaa,
42o. In Ohio. lOo. In Indlaoa, 37o. In Illinois, 36o. In Mlssonrt, 32e. la
Iowa. 3Ic. In Kannas and 28c. In Nebraska. Tbls is blgher In Nebraska
than for any year olnce 1882, except 1837 and 1890, and In Iowa In
tho same time the present average v>lae ba« been exoeeded only In
tbe two years named. The average price ot wheat is 6 tc: the next
lowest price was 64-5o. lo 1884. lo 1886, 1887 and 1800 tbe average was a cent or two oenta below 70c Last year it was 831to.
Prinolnal Hiate prices are: New York. SSc; Penosylvania, 81e.;
Vlrginl:i. 76c ; Qeorgia 90o.; Texax, 7.'>c ; Kentucky. 67c.; Ohio, 68e.:
MIcblKan, 6ilc.; Indiana, 64c Illinois, 64o ; Minneapolis, 6I0.: Iowa,
bOc; Missouri, 58o.; Kanias. S3o.; Nebraska. 6O0.; SontbDakota, 5Ie.;
North Dakota, 52o.; California, 70c. Tbe average value of nau is
31 -60. -nearly the same as last year, aa iu tbe ease ot eoni; r/e,
54-?c.; barley 47'2c
bticltwheat, 53-4.; potatoes. 67-3c. per baaaal
agalaitt 37-l>'. lant year hay. 8-49o.; per ton— nearly tbe same as la
1891. The condition of wluter wheat on tbe first day of Deeember
averaged 87-4, aaalnst 85-3. last year in the Ohio Valley. Tbe
range Is from 79 to 87, and low also In Kansas anl Penosylvania.
It is high la New Yorlc
In the South and North Paciflo eoaat, in tbe
Southern State and on thn Atla tie Coast, germination was delayed
by drought, and the same caiue delayed botb planting and growtb lo
toe Ohio Valley, and maierlally redooed eoDditlon of wioter rye,
which Is but little better, averaglog 89-4.
;

1

8READSTUFPS.

:

;

Fbioat, December 16, 1892.

There has beea decide Uy mire activity in the flour market
for trade brands, but at a material decline in values, particu-

showing m >re or leas anxiety
Corn meal has been in light request, but prices have
held steady with corn.
To-day the market for flour was
The movemant of breal'ituTi-to mirkat U ini catol in the
quiet, buyers reducing bids owing to the decline in wheat.
statement belt ared by us from the figures of the New
Corn meal was quiet and unchanRed.
York r
We flrat give the receipts at
...o c^xchange.
The speculative deali> g:iin wheat have continued at a mini- Western lake and river ports, arrangeil so as to present the
mum and there has been in further break in virtues. The comparative movement for the week ending Djc. 10, 1893,
available supply of wheat cootmues to make bi>< gains,
ind since August 1, for each of the lait three
receipts show fully as large a total as thoee of list year and
foreign advices have been depressed. Theconiioued a.:itati m IteeetptMatrour.
inuot.
Oom.
OaU
Bartet.
ii«i.
of the Anti-option bill also has a more or less depressing influ
mji»«i6< BuekjaaUf B<la«.64UM «iuk.«l6a BiadL4SI*s BmMme.
ence upon opfrators.
The spot market has been moderately
«>.«ai
itvas-t
8W.i«3
1.06S.44>
1.7:i.6«
UJH»
active at declining prices, Yestercay the sales included No. 3 Jtaloaco ....
S1.J06
OB.I1M
Mllwaakea...
«S636>
61,041
*M.»S»
auto

larly for spring gralea, holders

to sell.

'

hard winter at l^%c. in elevator; No. 1 har.l spring at 5^^".
over May delivered and No. 3 spring at S^^c. under Januiiry
delivered also a large line of No. 2 hard Mauit >ba at 80 <t80>^c.
c.i.f. to New York.
To-day the market was weak and lower
under selling by Western "longs," stimulated by advices from
the Northwest stating that the receipts will probibly continue
laige throughout ihe season.
The stock market w»s lower,
leading to a fair business. The siles included No. 1 Northern
at May price delivered. No 2 Northern at 7<5c. delivered, and
No. 2 hard winter at 6c. under May delivered.
OAiLT oix>Biiia rsiOBS or ho. 3 kid wiirrsB whsat
;

December delivery
January delivery
Februaiy

iiellv«r>

March imllvery

May

deliver* ....

Junadelivery
July delivery

.

o.
0.
.. o.
o.
o.

a
o.

77 "^
7i
801^8

SS^i
P2'8
SS"*

Man

THtM.

Wtd.

Ttum

TT^a
771*
79>e
HOI4

76%

76H
76%

76 Is

78

771,
7978

82%

81\

82^

817g
82>8

82 «

7«>s
'1
81 «

81%

mix^d

Nam

75'«

76%
78
80 H
«(.%
81

at 51c. dtlivered.

Av«.

K7.S0J

5B,»0(»

!,'»).

«.I7J

liiji-e

4ii.;ia

63.68)

9,iM
M.a8i

a«,t«3

Sl.ott

«0«.«M

i.or >.9ii

178.S74

4.000

ii.*y>

m.«oo

4<l«.tJS

Boston
Montreal ...
PhlladelpbU
Baltimore
. .

. .

lew Orleans.
week

Week 1»91

Below

•

M

7t.<0>

4Mit

4»*M

IDjSN

ua.Su
MtJT*

i*vm

a,<ai.i8

•

«.5.1Vttl

4.7IIII.740

<.96».3«t

a,7S1.«t3

1.784.901

«.8l)l.60«

i.»ir.t07

I.T71.S4S

LlW.4lt
•IW.S»
i.ou,eM

a,SIL,4 8 lUjtatM.',
ij»a.Tn UI,«S 1.771

48.71I.6SS
4d.4Bl,Oai

VKMMi

i««i.44a

t8M.ua

47jas.t'8

14.7 MJS4

u.i8ajw

4l.SM.iSll t».0S4.U4

t,l»J8»

«.«oa;Mt

Weatem

H.V)

lOXSSi

t,l»)

>

9I0.>6S
ZtS.I<8

ft

68.64

MO

Xt.l8t.74t

jur and grain ac the seaiKMrd (kk-u for tha

10.

18M. foUow:
OaU,

noMT,

Oont,

3U.3\0 111.835

».',I55

755,6 to
8^.130

175.0J3
2<.013

8.121

176.383

115.31)9

44.000

33 7.046

30.000
10.141

WHamt,
41frMt.
61U*.
5ew Tork...l!<8.0<t2 1.173.350

Tot,

S.0))
41,10

»4.S0O

Tbe receipts of
«eek ended D<!C.

Slohmond

......

Lts:

1.

ISOt

7'J

;

also steaoaer

Tot.wk.>M.

tame wk.l>i.
jaae wk.V).

767,

;

;

Lonls.....
Paorla.

l«»0

81%
81^

4,771.83)

}t.

801

Indian corn futnrrs have been qui>t, but prices have advanced, due to the continued smallness of the crop movement
and liberal rlearances. The spot market has been quiet. The
sales ye.sterdiy included No. 2 mi.xed at 5Hi©51s^c. in elevaTator and ."iaj^'a.l'i'^'i. delivered steamer mixed at 5\%r. delivered and ungraded white at 53o. delivered. The market
to-day was weaker, under "longs" selling to realize profits and
in sympathy wifn wheat. Tlie spot mirket was quiet and
easier No. 2 mixed ^old at 30}^ dole, in elevator and ol '2'^
52c. delivered

KInneapolls.
rolado
Detroit
Cleveland...

74''.

sm

s.onjst

Onlatli

30.313
63.<2I
&3.;219
.^.2S0
'.'2.301

.4.%4

800

5t.«)8
37,826
4 1 16
iik.121
0.4iJ
389.713
it

aiw*.

7,371
41.911

1.1)18,193 1,3 43 Jt 7

B%rU\l,
Aiu*.

ftiu*.

2>M'
68

•

i'.iioi

9«384

1

•

463.109 3.088.176 1.583.765 I.S38.-.
are the rail shipmaats of flour
lake and river ports for four years:

31.000
1,850

S6JI

.ij

5 1,874
39t.0lS

and grain froiM

..

1892
Week

Week

Week

Week

Dec. 10.

Dec. 12

Dec. 13.

Deo. 11.

1891.

1889.

1890.

.bbls.

360,893

353,139

317,155

337,020

Wheat

bush.

735,936
773,054

1,368,928
2,078.251
1,534,688
465,611
143,870

759,538
715.761
1,0 ;7, 756
311,257
101,427

5 26,916

Corn

1,36 ',385

Oats
Barley

468,237
101,514

Rye

1892.

3,022,110
1,067,82 3
372,251
124,65 3

5,596,348
2,955,740
5,113,853
several seaboard ports for the week
eading Dsc. 10. 1892. are shown in the annexed statement:
3.498,176

Total

The exports from the

Corn.

Wheat.

from—

Boston. .

Flour.

OcUs.

Bye.

Bush.
8,998

87,796
217,270
123

108,057

627,500

360,286

16,291

8,9).-

64 807

774,333

3^2,056

351,231

439,143

93,383

135,283
76,812
1,865

week 1,821,400

1891... 3,482,161

203,103

3,008

236,036

248
38

276

""so

visible supply of grain,

In store

at

"" '
Wheat,

—

Sew York
afloat

.

Corn,

Albany
4,998,000
641,0)0
10,703,000

Buffalo
Dj aflott...

Chicago

Rye,
bush.

4,583,000

2.411,000
191,0)0
91,000

4'33,600

85,6o0

120,060

i7Y,o6o

703.011
9,000

Toledo

571.000
3,525,000
1,367,000

176.000
54,000

S.'S.OOO

Detroit

36,000

125,000
5,000

6,537,000

516,'oo6

163,000

49,000

OjWBgO
Louis

bash.

107,000
15.000
60,000
32,000
11,000
60,000
167,000 1,015,000

2,158,000
10,537,000

afloat....

Barley

bush.

2,413.000
407,000
55,000
120,000

atloat

Milwaukee
Duluth

Uats,

bush.

2,464,000
291,000
1 2,000
618,000

bush.

.15,731,000
.
1,214,000

afloat..

9,000
Boston
205,000
248,000
Soronto
[ontreal. ...
394,000
Philadelphia.... 1,572,000
120,000
Peoria
Indianapolis....
477,000
Kansas City.... 1,847,000
1,831,100
Baltimore
Minneapolis. ...10,721,00)
On Mississippi.
16,000
On lakes
75,000
On oanal& river
74,000
Cincinnati

.

23.000
6,000
236,000
16,000
324,000
146,000
89,000
177,000
204,000
2,000
1,000
45,000
8,000

20,000
27,000
186,000
135.000
227,000
106,0 >0
124,000
70,000
121.000
13,000

80.000
19 1.000
107,000

"8,006

116,00)
10,000
74,000
70,000

43i6')0

'il'.OM

16,000
1,000

9.000
70.000
154,000

io.doo

83
16

1.

1,542
112,718
9,892
13,835
6,141
13,740
3,799
8,282
35,092
2,908

2V6
280
61
170
779
25

mill points direct.

New York exports since January 1 have
eea $9,478,304 in 1893 against $11,137,570 in 1891.
The demand for brown and bleached cottons has run more
to requests for speedy completion of old orders than the placing of new ones, and current business is of moderate extent
oaly.
In colored cottons, denims, ticking^, c leviots, plaids,
checks and stripes are heavily sold ahead, and there are but
nominal stocks of even s?c )nd rate tickets of these or brown
and blf ached goods in the market. Prices are very firm with
scattering advances where gojds are being brought up to the
highest market level. Kid-finished cunbrios are also practically out of stock and with silesias and sitteens are against
buyers. Other staple lines of cotton goods are also unusually
well situated. Agents are taking orders for spring fancies in
printed calicoes "at value," pending the fixing of regular
op'^ning prices,

woven

and a good demand is reported.

For ginghams

in the way of
duplicate orders coming to hand. Print cloths remain at
3i^c.
for
squares
and
for
4 l-16c.
64
56x60s, with a moderate
business and firm tone.
1891.
1890
1392

and

fine

fabrics there

is

more business

Stockof Print Cloths Dae. 10.
Held by Providence manufacturers. None.
Fall Kiver manufacturers
5,000

Dec.

5,000

Total stock (pieces)

l!2.

Dec. 13.

202,000
243,000

307,000
575,000

445,000

882,000

—

Foreign Dry Gdods. Immediate requirements 01 the part
of buyers are being met in specialtie.s at irregular prices in
th? feature of the
store trade or through the auction rooms
week in the latter being the sale of 8i,00J dozen hosiery and
gloves.
Staples in all lines are steady, with fully aa average
;

156.00C
3 3,00

I

Dao.10,'92. 75,571.000 10,711,00) 7,027,000 1,350,000 2,233,0 '0
Deo. 3,'92. 72,581,000 10,691,000 7,571,000 1.310,000 2,775,000
Deo.l2,'91. 42,253,825 3,06.=i,'3 ill 4,423,732 2,386,303 2,443,17.3
DdO.lS.'go. 25.186.151 1,820.46!) 3,390,781
474,487 4,341.619
Deo.14,'89. 33,914,742 5,269,283 4,327,857 1,212,326 2,5?2,79l

THE DRY GOODS TRADE.
New York,

5,147

Total

From New England
The value of the

*

"ioo

comprising the stocks in granary
ftt the principal points of accumulation at lake and seaboard
pjrts, Dec. 10, 1893:

Tot.
Tot.
Tot.
Tor.
To*.

5,417

18

463
26

..

Total
China, via Vancouver.

37',9-i3

8'me time

Do

212,735
23,301

.. ...

Airica
W^est Indies

Peat.

72",6'o'o

635,089
271,000

Bbls.

Slohm'ud

Bt.

3,008

300

184,683
18,420

100
50

Mexico

Week. Since Jan.

1,339

8

4,107

India
A.rabia

1891.
1.

5,777
1,675
74,139
5,981
14,735
7,096
17,116
3,218
5,924
46.177
2,845

China

Bush.
5,10J
4.540
54,767

Buih.
304,663
17,648

PhUadel
Baltim're
K. Orl'ns.
Norfolk..

Bush.
4,0)2
12,259

Bush.
707,581
135,730

Portland
Montreal

Do

76

Other countries.

NewYork

Do

Week. Since Jan.

13

Exports

Do

[Vol. LV.

packages, valued at $313,596, their destination being to the
points specified in the table below:

Flour.

The

;

THE CHRONICLE.

]048

Tot.

—

w

.

Friday, P. M., December 16. 1892

The market for cotton e;0Dds has again b sen quiet at first
hands so far a? new business is concerne '. The att-niaace of
buyers has ruled moderate and has princiiwlly been mide
up of the smaller jobbers, who havei ot so far taken any active
part in the bujing moTement. Ihey have experienced much
difficulty in securing immediate supplies, even from second
hands, and have found the majority of agents decidedly indifferent about booking orders for future delivery at the present range of prices.
number of sellers in fact regard a
further general advance as highly probable, and were a firsized demand to be developed thee is lltt^ doubt but that it
would result in another rise. Pre.stnt indication* are, however, in favor of continued quietude until the early part of
next year at any rate. This doe-s not imply any abatement of
activity in the outward movement of goods, as agents are on
the stretch to keep paie with the demand for shipments
against previous orders, and the forwarding departments here
and at the mills are exceedingly busy. The export de nand
has been very moderat'', shipmnnts being nearly all confined
to those on orders placed some time ago. In th". jobbing trade
business in fall merchandise and holiday lines is rather ab ive
the average, while in all lines for spring trade advance orders
are much ahead of those recordfd at the corresponding date
last year.
Collections continue satisfactory.

of bu-iiaess doing.
ssasoa lines in fine cotton
specialties, silks, rib'joas, laoes, woolen and worsred fabrics,
linens, e c , are all firm in price and in good moveina at against

importation and spot orders.

Importatlona of Dry Goods.
The importations of dry goods at this part for the week
ending De?. 15, and since Jan. 1, 1893, and the same facis ff r
the correspondmg periodi ot luc year are as foil )Wi:

—

« M =:2.o S

& 25
%

i:

o

c:
B:

5

"o

:

o

•

01 CO
05 -J

CD*J^-4-1

I-"

^•^

-^•t^

kJ

oJ-i

H-OiOSCDCO

COO)

-JOiOTOa'
^ — o«*.x

n
ro
hi

M

H

35,932

CO a ^ X
o
aixo:cto

328,011 225,634

1,420

Oi

toco

M
^

o»
u<'«

*-0)CJcOr-

826

\^

9

381

M O
•«

1 .1

1,469

919

U>

ti*.^tCtf».

o

CO 05

X'05

tox

301,033

512,:^K1

cog-

1

,343

iF^CO^OitO

Oi

00

^\

W

CiO
-J»

M

0010

•^1

oil-'

on

-JH"
CO to

M
m

aui

xco

^

l^rf^

01

-xi

COW

ptk

©

CO
*j 'o 05 o> Ot

osporf^p^to

1^

b*-b'i^ 00
QD-yrf*0
*qosoaocp

CDOt

T-o'iob'^b

!•

03 OS
t0 05tO»-«i-'

00
jDf-OS
05 y»_o to **__!__

totnOi-'CO

"ii.'VjVb't-'

o>
01
>->.&.

H'C0
to

to

05if>-ao

X 05

•^tO

Oi-i-q (*••«>
*».0St3O'^

Mi-Wr-M
MWpWX
05 CO

-XJ rf*-

(0--1tOtO

a

«>

rf*

^ w y>

35

M<I A 35^

COCi
oo'a

'y'lp-oxos

J

i^t-i ji.y«CD
CD
-J 'J

05 **

tOi^l-'tOCO

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CP

OC

I-'
C;i

05WtOO-O

KitO
CO

|,3

05

COlF»
.^

s-=

tfr

totots:^
Xtvl-'

-

coco
1(^05

03 ;;< 05 ^^

if^CO

03 05

O05y»*--4
wc^'ytoco

lotMOD

pto
bto

l^tf^COX

SfO
w

Ma"

MlotOrfkW

some leading makes have been withdrawn— sild-up.

0»a
05»

to 05
QC'CO

bb

o:Cj»

CDXO t0 05

X

CD *J)
05 U>
•^ XC0C005

to

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bio wbb
OL
OJIO D
COh-^O-Q

tOM-qwM

ODO

•^

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C)<

CO 05

OttOtnCCO

M 05 O » O

u

-I

top ^-4 0»^
cs1*k'aiVb

W

01 CJ< >—
05
05 [C 05 "-co

fco=a

5:

t^X-q-a05
CCODWtO*-.
*lf»C0"^^

— 'in

CO
o; to

i*»-

X M^J

(-•<-'

CO -• to

X M CO c

1

*

I

x'wbb'x
35

Vl'r-'tO^ltO
0'
v-oi-a? c.

'^bbo'Tx

toV-t-

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-J

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V-os

M»

O

Cfi

l^to^^x

^
'

)f^X
Vl'ro

iff

CD

a*.p

^
X
coa>

*-p ^^35

O '£ CO-^05
en 05

M 10 CO CO 10

COM
tox

loM CD
bb
•J CO ~40D-1

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^ yi yi -J

ifr'MZOtOCO

:C

I

^—cotoa

00 CO CO V lb

OJM

05W

2

—

o 1d
« u

C0M*JOiW

m

Domestic Cotton Goods.— The exports of cotton goods
from this port for the week ending December 13 were 5,147

IK

)(»>-* 1^ CO
CO
to OD to QD rfi"

wy>OH*

W<l<J01it-

tc

ditions this week, there being a disposition to delay further
openings until after Jan. 1. This checks buyers somewhat and
the conservative policy which
irked last week's trade is still
noticeable. Overcoatings continue in good request, although

Cloakings are unchanged. Satinets, co>ton-warp cassimeres and
doeskin jeans ure without new features of ioteres'. Woolens
Bnd worsted dress goods are in moderate re-order demand.

®

•t>-t0fe9Cd

A

Domestic Woolens. Business has shown few new features
in this depaitment during the week.
There has been a quiet
duplicating demand for light-weight woolen and worsted
trouserings and suitings, but more piesi^ure on the part o'
bujeis for deliveries on past orders, many agen's being behind hand with these. The new lines of heav> -weights for
the fall of 1893 have not been materially increased by ad-

New

amount

to

00*14^35

COr-OQOQO

otoo

c/ixxOo:
">-'

S

^

c"

COA0U05O
HtOOSJ*'

i

'

2i

Uecembxb

THE CHRONICLE.

17, 1893.

AW

STjiTt

City PcfAHTMi^wT.

TERMS OF SUBSCRIPTION.
Commercial und Fliinnclal <)IIRO\ICLE
to

tains

State

to

and

ISO

lains

d1

paxet) published itvery

(ity

Supplement

nf

con-

we«k.

Oil KOIVICLE

con-

pages puhli>«ht>d several times each year.

liiTeilors>

Supplement

of

GHROMICL.E

paBdia of Railroad Securities) contains

160 pages

(a Cyclopublished

lCt9

»

cannot b« done, and wo mnat niMt Mm
„,,„
has arisrn by such action an will malatain oar
endK mi4
build it up till South Carolina cao borrow moooy
at aa low a
rate as any of h«r niatcr 8Ui««.
" The State could hare plao«<l hrr >>onds at
fwr io uplt*
of the errors of the paat had her own capitalists
l«nt thair aid.
We can place them at 4J< without tboir h.lp if the OmmtsI
Aaaembly will provide a sinking fund with which to befta Iho
gradual annoal payment of tha debt, and iiiori«ag« th« phoaphate beds aa collateral."
It

With the meawtge the Oovemor submit* a

bill which, ha
passed will enable the State to meet it^ obllgatlnnt at
maturity, and so build up lis credit as to refund the pabtio
debt in twenty years at aa low a rate as aay Stnte ia tba

erery other month.

say*,

Subscription to CHRONICLE for one year tlO.OO,
which includes every issue of both Supplkkknts.

if

Union can obtain.

The purpoNo of this State and

City

Department

furnish our subscribers with a weekly addition to and
continuation of the Statb and City Supplbment. In other
ts

to

The Legality of Rochester Water Boads Affirmed.- News
has been received from Albany this week that the Court of
Appeals has decided the water bond case in favor of the city
of Rochester. The defendant, W. I. Quintard, of New York,
bought $800,000 of the water bonds last summer. In September he wrote that he would not accept the bonis, on the ground

words, with the new facts we phall give, the amplifications
and corrections we shall publish and the municipal laws we
shall analyze in the " State and City Department," we expect
to bring down weekly the inrormation contained in the that the act authorizintt the issue was
State and City Supplkhknt to as near the current date as was begun to settle the matter.
,

possible.

illegal.

A

friendly suit

SL Loais, Mo.—The $1,155,00) of St. Louis 4 per cent gold
bonds which were awarded to Farson, Leach & Co. oa Oct.
81, have been listed on the New York Stock Exchange thia
week. The bonds are dated Nov. 1, 1893 they are issued in
denomination of $1,000 each, and are numbered from 1 to
1,155, both inclusive.
Interest payable May 1 and November
The principal and interest are payable in United Statea
1.
gold coin in New York, or in sterling at the rate of $4'86W
per pound sterling in London, at the option of the holder.
,

Ohio State Treasnrer's Report. -Hon. William T. Cope,

;

Treasurer of the State of Ohio, has sent to the Oovemor
his annual report for the year ending November 15 1892.
According to this report the total receipts for the year

amounted

to 15,544,491 07,

(11,370,591 80),

makes a

which added

to last year's balance

total of $6,915,082 87.

The expendi-

tures for the year were 16,158,671 24, leaving a balance en
hand of $756,411 63.

The

receipts of

the general revenue fund

amounted

to

$3,707,675 88, of which $837,056 74 was received from the
liquor tax, $2,399,318 15 from the usual taxes from counties,
and $771,300 99 from the Ohio penitentiary. Secretary of State,

Board of Public Works, Insurance and other State departments, and miscellaneous sources, whioh with the balance on
hand November 16 1891 mikes a total of $3,989,220 70. The
total amount paid out of this fund oa warrants issued by the
Auditor of State for the several appropriations was $3,777,564 20, leaving a balance in the fund November 15 of
$211,656 52.
At the commencement of business

November 16 1891 the
sinking fund was found to contain a balaocj of $1,06,),705 52,
a sum sufflMent to meet the^ear's obligations. Hence, there
was no levy made ani the only receipts addei during the year
were those from delinquent taxes of oth»r years, amounting
to $39,917 12,

making a

total of $1,105,624 64.

The disbursements for the year were $621,838 36; of this
amount $250,000 was paid for redemption of fifnded debt
bond3, $69,140 78 for interest on the funded debt, $376,868 77
interest on irreducible debt, $23,900 on the banled debt of the
Board of Agriculture and $1,938 80 for office expenses and
miscellaneous matters, leaving a balance in the fund Nov. 15
1892 of $483,786 29.
The receipts for the common school funi were $1,715,341 99,
with a balance at the beginning of the year of $33,341 44,

making a

total of $1,738,686 43.

The disbursements were

$1,701,085 50, leaving a balince of $37,600 93 Nov. 15 1892.
The receipts for the Ohio State University fund for the year

were $81,551 08 and expenditures $58,188 19, leaving a balance
in the fund of $23,367 89 Nov. 15.
The Treasurer recommends that the bonds of the Boesel
Railway, amounting tD $315,500, that were deposited with the
Treasurer of the State, under an act of the Legislature that
was afterwards declared unconstitutional, be submitted for
legislative action, that the Treasurer

may

be relieved of these

Bond Proposals and

:Vegotlatlons.— We have

re-

ceived through the week the following notices of bonda
recently negotiated and bonds offered and to be offered fo«
sale.

Alameda, Cal.—(Statb and City Sitppluiknt, page 188.)—

An

election will be held in Alameda the 32d of this month to
vote on the qup^'tion of issuing 5 per cent school bon'is to the
amount of $tid,000, maturing at the rate of $1,000 yearly for
19 years and the remainder in 20 years.
City Treasurer
James B. Barber writes us that in his opinion the bonds wUl
not cirry; by a two-thirds majority, wnich is necessary for
their authorization.

Arizona Territory.—(State and Ctty Soppuoisnt, page

—A call has

136.)

been issued for

7 per cent lO-year

Arizona

in 1888 and numbered from 73 to 360 inclusive.
The total amount of these securities is $189,000 and they will
be redeemed on January 7 1898.

bonds issued

Ballard, Wash.— The citizens of Ballard will vote on Jan.
7 on the proposition of issuing bonds to the amount of $71,000
for water and electric-lighting plaatfi.
Barnesville, 6a.— The citizens of Baraesville voted December 15 on the question of issuing 6 per cent water bonds to the
amount of $15,000, payable at the rate of $1,000 yearly from
January I 1907 to January 1 1931, inclusive. The result of
the election has not yet been reported.
Bastrop, Tex.—City aerk F. A. Orgain, writes as that
$300,000 of 30-30-year school bonds have been sold to Lamprecht Bros & Co. of New York and Cleveland at 96-.50.
California.—(State and City Supplmkst, page 137.)—
State Treasurer J. R. McD >nald writes the Chro.viclk that
the proposition to refund the State debt wai voted down by
the people, and therefore no new securities will be issued by
Calif or.iia.

Cm

Camden, N. J.—{State and
SoPPLnaNT, page S8.>—
The Finance Committee of the Caiiden Common CJoonoil will
bids
until
December
19th
for
receive
$05,000 of 4^ per oenk
refimding water bondx, maturing January

1

1938.

Coronado, Cal.— The Town Trustees of Corooado hare acted
upon the proposition to pave Orange Avenue a distanee of 1
miles at an estimated cost of $44,0(K), for which purpose bouds

^

will be issued.

Douglas Connty, III.— Proposals will be received until January 3 1893 by John W. King, Clerk of Dooglas County, for
The Refunding of Sonth Carolina's Debt—Oovemor $10,000 of 6 per cent bondo, maturing at the rate of $3,000
The booda
July 1 1908 to July 1 1907 inclusive.
Tillman has .sent a message to the South Carolina General yearly from
are issued for the purpose of obtaining money with which to
Assembly regarding the refunding of that portion of the State build a county jail.
debt which falls due next July. A part of this message reads
Frultrale, Cal.— An election held in this district last minth
as follows
resulted ii fiivor of organlsiag a sewerage srstem estimated
" It is not bard to give reasons, and to show what acts of to coct $35,000, for which amount bond'i will be issued. This
loan is authorized under the proriaions of the new law, whioh
the State Government in the past and what men and interests
enables a district not incorpxated aa a dtr or town tba aaoM
at this time are in combination to prevent the State from or greater advantages than thoae eajoyod by tha oitiaa, ia f»placing her bonds at 4 per cent interest. Suffice it to say that gara to the construction of
worthless bonds

:

——

IHE CHRONICLR

1050

UaTerhill, Mass.— (State and City Supplement, page 35.)
Mr. John A. Gltnes, will
receive bids until December 20th for $800,000 of 4 per cent
water bonds. Of this loan $375,000 will mature at the end of
twenty years and the remainder iu thirty years.

—Tne City Treasurer of Haverhill,

Houston, Tex.— (State and City Supplement, page 173.)—
city of Houstoa is offering for sile $40,000 of 6 per cent
public school bonds mituring December 1 1933. The principal and interest will be payable in gold at the office of the

The

Union Trust Company,

New York

City.

In connection with this offering the City Secretary makes
the following statement coacerning Houston's financial condition.

" The total bonded debt of the city, exclusive of this proposed issue and exclusive of the $60,000 issued within the
present year (1892), is $1,687,900, of which $1,276,80) represents
the balance of the principal yet unpaid of the bonded debt
outstanding November 24, 1875, the date of the adoption of
the prt sent Constitution of the State of Texas. Of this $1,276,800 there are still outstanding $157,100 »f the original
bonds, while the remaining $1,119,700, with accrued interest,
has been funded in bonds of a later issue; and these later
bonds, with the original $157,100 not funded, all of which
represent debt incurred prior to the adoption of the present
Constitution, constitute about 98 per cent of the entire present
bonded debt, exclusive of the $60,000 issued within the present year.
" This debt is secured by a special tax levy of 1 per cent
ad valorem upon all property in the city subject to taxation.
The proceeds of this tax are handled by a Board of Liquidation, created under a special law of the State of Texas, and
after providing for the interest and sinking fimd cf all outstanding bonds there will still remain of said proceeds an
annual surplus of over $40,000.
" Besides the present levy of 1 per cent for the protection of
this bonded debt of $1,687,900, there are further tax levies for
other purposes, general and special, amounting to 1 1-7 per
cent, thus making the aggregate tax levy for all purposes apEarently exceed the 2 per cent limit provided by our charter
ut we claim that under the decision of the Supreme Court of
Texas, in the case of Voorhees vs. The Mayor, Aldermen, etc.
(70th Texas Reports, p. 331), the 1 per cent levied as above,
being for the payment of a debt incurred prior to the adoption
of the State Constitution, is not to be computed in estimating
the levy authorized by the charter, and that we may, under
our charter, increase our tax levy to 3 per cent, exclusive of
that 1 per cent bond tax.
" Our floating debt is about $80,000, mainly for current
expenses accumulated during the past six months, and which
will probably, before February 1 1893, be practically wiped
out by our January tax collections.
" The actual value of all property in the city Uable to taxation is estimated at $25,0<)0,000.
Our population, as shown by
our City Directory, is 58,ol3.-' * » «
;

"A.

[Signed]

S.

Richardson, City Secretary."

(State and City Supplement, page 48.)
On Thursday of this week tlie people of Jamet-town voted
on the question of issuing bonds to the amount of $160,000 for
a proposed sewerage system. No report of the result of this
election has as yet been received.

—

JamestoTTu, N. Y.

Jersey City, N. J. (State and City Supplement, page
Bids will be received by the Jersey City Board of
Finance on December 20th for $200,000 of 5 per cent J. & J.
water bonds maturing January 2 1938.
The Sinking Fund Commissioners of this city give notice
that the outstanding 7 per cent street and sewer bonds maturing May 1 1898 will be paid at maturity.
The amount of
69.)

—

these securities

is

$287,000.

Kissimmee.Fla.— Mr.

8. Miller,

Chairman

of the Kissimmee

Finance Committee, writes us that the $13,000 of 6 per cent
municipal bonds mentioned in the Chronicle of October 22
have not as yet been sold, although several unsatisfactory
offers have been made ftr the loan.
The bonds mature as
follows

$3,000 in 10 years, $5,090 in 15 years and $5,000 in 20
years. The present indebtedness of Kissimmee is $6,000 and
Its assessed valuation for 1892 is $434,000.
:

Lagrange, Ind.— Mayor W. B. Hudson writes the Chronicle that 6 per cent water-works bonds of Lagrange, maturing February 1 1913, and optional after February 1 1898, will
be offered for sale at public auction in January or February
of 1893.

The

—

:

/J'

city has no debt at present.
The assessed valuation of
real estate for this year is $475,130; railroad property, $18,435;
personal property, $519,185; total assessed valuation, $1,013,The total tax per $1,000 is $1490. The population in
700.
1890 was 1,784.

[Vol. LV.

Modesto, Cal.— City Treasurer

J.

R.

Brou3;hton

notifies

Chronicle that bids will be received until Decem'ier 27,
by the Modesto Board of Trustees for $85,009 of 6 per cent
city bonds issued for the construction of sewers and waterworks. Interest will be payable semi-annually, J. & J., and the
principal will mature at the rate of one-twentieth yearly from
the

the date of issue.

Monrovia, Cal.

—The citizens

favor of issuing bonds to the
tional water supply.

New

Rochelle, N.

— A special

of

Mmrovia have voted

amount

of $30,000 for

in

an addi-

T.—(State and City Supplement, page

election will ba held io New Rochelle oa December 21 to vote on the question of raising $50,000 for road
purposes.
50.)

New York

City.—(State and City Supplement, page

—Comptroller Myers will receive bids until

December 28

$64,700 28 of 3 per cent consolidated stock,

known

50.)

for
as school-

house bonds maturing November 1, 1911. The loan wiU be
exempt from city and county tax and the securities are a legal
investment for executors, administrators guardians, and
others holding trust funds.

—

Ogden, Col. An ordinance providing for the issuance of
improvement bonds is being considered by the City
The greater part of this amount, it is reported, will
probably be used for park purposes.

$50,000 of
Council.

Portsmouth, N. H.— (State and City Supplement, page
15.}—Bids will be received at the office of the Mayor of Portsmouth until December 28th for the purchase of 4 per cent
refunding bonds to the amount of $160,000. The securities
will be dated January 1 1893 and mature January 1 1913.
They are issued for the purpose of refunding 6 per cent railroad aid bonds which fall due January 1 1893.
These old 68
are a part of a loan of $343,000 which was issued by the city
in aid of the Portsmouth & Dover Railroad, and for which the
citv received in return stock in that road to the amount of
The investment has proved a wise one, as the stock
$344,000.
is now worth considerably more than its face value.
The city
has been selling this stock from time to time and applying the
proceeds to the rayment of the railroad bonds. After all the

bonds shall have been redeemed Portsmouth will
hand a good balance from the sale of the stock.

still

have on

Pickaway County, Ohio. (State and City Supplement,
81.) -Pickaway County 6 per cent bridge bonds to the
amount of $14,000 have been sold to Messrs. Lamprecht Bros.
page

&

Co. of Cleveland, Ohio.

—

Price Township, Lawrence Co., Mo. Notice is given that
bonds issued in the name of Lawrence County on behalf of
Price Township, dated March 1 1887, and numbered from 68
They are for $500
to 95 inclusive, are called for payment.
each, payable in twenty years from their date of issue and
subject to call after five years. The bonds will be paid with
interest on December 17 at the State Bank of St. Louis.
Holders who may elect to do so will be allowed to exchange
their bonds at par for renewal five per cent bonds to be issued
in the name of said county, on behalf of said township, to run
twenty years, but redeemable, some of them after ten years
and some after five years from their date, the new 5-203 to be
taken at 101 and interest and the new 10-20s at 103 and interest, provided that interest will cease to run on the old
bonds and the privilege of exchange will expire on the seventeenth day of December.
RhoJe Island.— (State and City Supplement, page 33.)—
A State loan of $1,500,000 has been authorized by popular
vote, and it now remains for the Legislature, which meets on
the last Tuesday in January next, to direct when the bonds
shall be issued.
Roselle, N. J. The people of Roselle have voted to issue
bonds for a proposed trunk sewer, the estimated cost of which
The sewer will be about four miles long and empty
is $50,000.
into tide- water near Elizabeth.
Springfield, Ohio.— (State and City Supplement, page
82.)— The Springfield Water Works Trustees have recommended to the City Council that the Legislature be petitioned
for authority to issue $135,000 of bonds for improve nents to
the city's water works.
Stamford, New York. A recent election in Stamford resulted in favor of the proposition to issue bonds to the amount
It is
of $12,000 for the construction of a sewerage system.
estimated that the total cost will be $20,000, and this is to be
in part defrayed by a direct assessment on property-ownera

—

—

benefitted.

Troy, N. Y.— (State and City Supplement, page 54.)— On
December 12th City Comptroller Coffey, of Troy, received
fourteen bids for $75,000 of 3)^ per cent public iunprovement

Lowell, Mass.— (State and City Supplement, page 26.)— bonds, and the loan was sold to the Albany Savings Bank at
The City Counc 1 has authorized a loan of $100,000 for the 103-57. The bonds are dated December 15 1893 and mature as
construction of a water works plant.
folio ivs
$10,000 on December 15 1909
Manchester, Va.— (State and City Supplement, page 148.) $10,000 on Deceml)er 15 1905
10,000 on December 15 1910
10,000 on December 1.5 1908
—Notice is given by the Treasurer of Manchester that on JanDeccmlior
10,000 on Dcoember 15 1911
lO.OCO
on
15
1907
uary 1 1898 the 6 per cent bonds of that city dated January 1
5,000 on December 15 1912
10.000 on December 15 1908
1882 and optional after ten years will be redeemed at the MerTroy's net bonded debt is at present $923,099 88 and the net
chants' National Bank of Richmond, Va.
water debt (additional, the principal and interest of which are
MeCracken County, Ky.— (State and City Supplement, fully provided for from the income of the water works) is
page 158.)— This county has sold $500,000 of 5 per cent refund- $322,143 75.
The city has no floating debt. The assessed
ing bonds. Proceeds will be used for the redemption
of tte valuation of real and personal property for 1893 is $47,236,old 6 per cent issue e.
327 56 and the city tax rate (per $1,000) is $13 50.

.

Dbokmbeb

17,

THE CHRONICLE.

1892.]

—

nidg

Tyrone, Pa. The citizens of tbia place will vote at an el«otion wliioh takes place in Fobruarjr on the question of iwuloK
flO.OiH) of bonds loi the purpoee of construe. ing a sewerage

fro(,

(lyHU'iii.

'

cent

nitj.

has be«n oorrtotod to data by Crwntjr TrMMMrar O.

and

County

Wiilthaiu, Mass.— (State and Citt Supplbuent, oago 81.)
is reported that sewer Iwnds of this city to the amount of
$50,000 have recently l>e<n cold, and that others will soon be

,HJ>

*

rappIlM inrorauttton which
report

it

Tiott*

ColIMTr
Bo,

A

.1

'OOO

I

I

—

Tit-

The following

description.
rate,

MENT,

p>a8;e 83.)

—

6s.

NEW YOKK.

Lynn Beg.

City of

•

4s,
-

of Johnson, B.

I.,

48, gold,

FOR INVE!«TOR»

1912

FISHER & SHAW,

1908

IIVTESTIHENT BA\KERB,

1922

4 Sontlt Calvert Street,

19M

BALTimORB. MARYLAND.

1912

FAIRHAVEN,
HAY,
BKLI.INUIIA.n

&

Blake Brothers
6

WALL STREET, NEW YORK.

rcTURB M vr aopous or puobt bouhd
destined to be the great Maoafaoturtng and
maretal Center beeaoae It hae

Co.,

38 STATE STREET, BOSTON.
NASSAU STREET, NEW YORK.

$100,000

B08T0R.

1,

1882.

Proposals invited for RefnndiuK Loan
OF TUB

Borough

of Bellefonte, Pa.

Propoaals will be received bj the Borough of Bellefonu. Centre County, Pa., for a loan of One Hnudred
Thousand (tlOO.ooO) Dcillars, free from tax, to refund
a loan maturing April Int. 18S3. Interest on said
loan not to exceed f^ur (4) per cent per annum, payable Beml-annuHllr at the Farmers' & Mechanics
Bank of I'hlladelphln, Pa. Bonds payable In twouty
years with option after flre years. Bids recetred

February Ist, 18U3.
For further particulars addreas,

until

GEO.

U.

&

Price

In the Weat whlife
prodaoee a eoke equal to PannaylTaala. Iron. BUtv*
ead. Gold and other orea. Bztenslre Qoarrleeei
e Sandstone for boUdlng porpoeea. Taloable IBoniatlon can be bad of

Immanee reliu of tbe Beet Coal

THE FAIRHAVEN LAND COMPANY.

FARSON, LEACH
W.

aireec.

Itaailngs, Bellefonte, Pa.

THE WALL STKEET JOUR^AL.
An StTSluableananclal dally ;!' a year. Sample cop)
rea. DOW JONES a Co., Pubtlshera. 41 Bruad St

Oaalert

•t

Hayes

J

WASHINGTON.

.

Lamprecht

Bros.
BANKERS.

VOKit.

Wall

Htr*«t.

MUNICIPAL SECURITIES

BANKERS,
in

or

MUNICIPAL BONDS,

8tr««t Railway Bonds and other high grade

ii..

PITTSBIRO AND VICLMTY

rastmeata

143 ».»«^.rj}u.^
r

Bxekaace Flaw.

Boalan.

Cable

Deall la by

lOWALLSTBEEl.

NEW

YOBK.

Addrrw riNNITB."

Co.,

CIcTaUad, Ofcio, Perrr-PajBe BM4>B
BoatOB. .Ilaaa., Kl Stat* Strael.
New Vnrh, II Wall Mrevt.

Sons*

ac

&

MUNICIPAL BONDS.

CO..

&,

RKW

CHICAGO,
73 Oearbora

FAIRHATEN.

lit, 194-2.

and Partloalars aa a»»lleail«a t*

POTTKB.

Chairman Finance Comralttoe, Bellefonte, Pa.
UKFKURNCE:
First National lint k. Centre County Banking Co..
Jackson. Cridor

DUE APKIL

Ooa-

The Laigaet and Bateet Haitor oo tka PadWD Ooaat.
The Oteateat Area of adjaaeat A«ilaBttaral Tana.
Tbe moat MagnlBeent rweau of Ttabar la llM worta
The flneet Matoral Town BIU aad Water FMat

City of Detroit, Michi.,
4 PER CENT BONUS,
BELLXroNTE, December

7,301

OTHER APPBOTED SECURITIES

AND FURTHER PARTICULARS FUB-

Co.,

BANKERS.

CHICAGO.

300

»so
8,3M

1912

MljHKO UPON APFLIGATION.

15

«aso

AND

FUK 8ALK.
PBICBa

&

valoation, tax

CITY BONDS

1905

gold,

City of Taunton 48,

and Price on application.

N. W. Harris

his report of

MISCELLANEOUS.

1899

City of DoTer, N. H.. 4g.

Town
Particulars

is

and Cmr SupputFrancis A. Harrington, Mayor (term expires

LOANS.

City of tiraud Bapids 4 l-8«.

INTEREST payable IN

Cm

FOB SALI BT

THE STATE,)

10-20 Year 6s and

the eonatr.

Mjssachnsetts— Worcester.—<8tatb

Clly of Cambridge is.

(CAPITAL OF

paU hj

County seat is Surry C. H.
Valuation real
(888,260 ConntT
'7'tax.
Valuatlou porHOnal
854,341 Sobooitax
hoof
ifH
Toxvaliiutluu 1392
1,342,604 Total tax per
^1,000
.
Aggeaunout atwut ^ ootnal valae. PopnlatloDlStfOwas
State tax per $1,000
(4 00 Population 1880 wa«

City of Boston 48,
os,

^''•'itWWM..

&c.

INVESTMENT BONDS.
City of Boston

l'>.|.'.—

Cm

and of interest to investors.
Pennsylvania.— Lackawanna County.—(State and City
Supplement, page 67.)— The following financial statement

NEBRASKA,

1

1(10 w»»..

Virginia— Sorry County.—(Statb urn
SuppLEMnrr,
page 150.)—County Treasurer A. P. Boharman writes us that
Surry Ckiunty is now absolutely free from indebtedneas of any

of information additional to those g^ven in the Sctpplehent,

CITY OF LINCOLN,

liO<>

rfi,oao.

!

;

State and City Supplbuent.
these reports are wholly new and others cover items

k-

"'—"-wi

'

br Ooontr Tre»ii.
1803 ...««io,ooo

Total debt Deo. 1803
$100,000| PopiiUttoa 1880 wee..
Tbo toua tax per ai ,000 for 1803 laoludee Stale tax,
—.».'.
«3 eooatr
t tax..
$S, and Bobool tax, fc.

our

NEW

PMBOSal

I

reports as to municipal debts received since the

LOANS.

rael.

.

STATE AND CITY DEBT CHANGES.

NEW

oar pf»l

1

Winchester, Mass.— (State and City Supplement, page

of

*

la

jlxd
ScptlsMKMT, pogft lfl9.— 1 ho report giron Ik-Iow baa b»en oorreeted
to date by County Treasurer Jacob Friber, and it la moob
more complete than the statement giren in our reoent SvrPLKKKMT.
Coun*y seat is Helena.
1^*«a Du«. Tax TalaatloBj8e3^...$i,09p^WO
I.OANS— _.
COUJtTT
iTotiUUz per {1,000.
()», July, aiOO.OOO
...JulT 1 1020) PopuUtlonlSdO

83.)— Tlie town of Winchester has petitioned the Massachusetts Lfgislature for authority to issue water bonds to the
amount of §100,000. The proceeds of the loan are to be used
for extending the town water works.

publication

.

,

MM*.

Arkansw— Phillips Conaty.— (.State

;

of

:.)00
;
Dm. 1, 19IS
IiuiuU itU ui>UuBal attar 10 jtttro.

1,

Hluking huuU.
40,000
TAXES on tbe abore neourttiM are

1

Some

Tas

tiitereat parable
Totitl debtlbee. 1

71.)— City Treasurer J. K. Adams is advertising for bids to
be received until December 27th for $60,000 of sinking fund
This loan will bear interest at the rate of 4 pet
bonds.
centum per annum, payable semi-aunuallv on the first days
of April and October in each year, and is redeemable as
follows
s.ri. s 101,Ai)rtI 1 IOCS
4,400
>.ii. ,
02, Oetolier I 1906
19,800
Mil. - 103. April 1 1900
20.3S0
Scries 104, October 1 1906
19.430
The successful bidder or bidders will be required to settle for
the bonds on or before 9 a. m. Saturday, December Slat 1893.

last

Dm.

1013

Bk, J..1

Del.— (Statb and Citt Supplrment, pago

VKliMUoa,

Juuel, 1001

">0

Wostporl, Mo. The City Council of Westport fa oonsidering the proposition of issuing $100,000 of bonoi for an electric
light plant and a new city hall.

We subjoin

iMklnc

Sorantoo,

s«ftt la

in4H Out.
HodSK Bono*—

offered for Bale.

Wilmington,

wm

LOAVNS-

_It
jij

1061

to

Carothers,
Jas,
roi RTH AVE.. FITTBBURO, PA.

—

:

THE CHRONICLR

1052

January 2 1893. Worcester is situated in the county of the
same name, and next to Boston it has the largest population
and assessed valuation of any city among the twenty-eight in
Massachusetts. That the city's finances are carefully and
efficiently managed is shown by the fact that the total debt
subject to the State law limiting municipal indebtedcess is
The 4 per cent
less than 1 2-8 per cent of the tax valuation.
city water bonds due in 1923 were sold this year at a premium
of 108-28.

The following statement of Worcester's indebtedness, valuation, &c., has been corrected to date by means of a special
report received this week from City Treasurer William 8.
Barton, and it is more than a month in advance of the general report to be issued by the city,

LOANS—

—
Payable

Interest.

•

.

Principal.
Due. Outsland'g.

.

.

When
P. Ct.
NAME AND PURPOSE
A & O Apr. 1, 1905
Funded city loan (ren'l).. 1875 5
A & O Apr. 1, 1893
1883 4
do
do

$200,000
90.000
75,000
500,000
500,000
135,000
250,000
100,000
30,000
140,000
55,000
65,000
70,000
180,000
145,000
75,000
75,000
80,000
100,000
250,000
100,000
150,000
200,000
30.000
70,000
150,000
300,000
150,000

A
A
A
A

& O Apr. 1, 1901
& O Apr. 1, 1905
4
4
& O Apr. 1, 1905
4
& O Apr. 1, 1902
4
A & O Apr. 1, 1938
5
J & J Jan. 1, 1899
5
J & J Jan, 1, 1900
413 A & O Apr. 1, 1905
4
J & J Jan. 1, 1901
4
J & J Jan. 1, 1903
4
J & J Jan. 1, 1904
4
J & J Jan. 1, 1905
4
J & J Jan. 1, 1906
4
J & J Jan. 1, 1908
4
J & J Jan. 1, 1910
4
J & J Jan. 1, 1912
J & D Deo. 1, 1906
5
A & O Apr. 1, 1914
4
A & O Apr. 1, 1915
4
4
A & O Apr. 1, 1918
A & O Apr. 1, 1919
4
A & O Apr. 1, 1920
4
4
A & O Apr. 1, 1921
4
A & O Apr. 1, 1922
4
J & D June 1, 1905
3% J & D June 1, 1905
PAR VALUE OF BONDS.— Tlie bonds are for $500 and
4

1891
do
do (renewal) 1875
do (renewal) 1892
1892
do
1889
Funded park loan
1879
Funded sewer loan
1880
do
do
do (renewal) 1875
do
1881
do
do
1883
do
do
1884
do
do
1885
do
do
1886
do
do
do
1888
do
1890
do
do
1892
do
do
1876
Funded water loan
1884
do
do
1885
do
do
1888
do
do
1889
do
do
1890
do
do
1891
do
do
do
1892
do
do (renewal) 1892
do
do (renewal) 1885
do
do
do
do
do

multiples

tliereof.

CHICAGO.

DEARBORN STREET,
III§.

*

8.

WORMSER, NEW YORK.

BT,OWBR &

CO.,

NEW

QLENDINNmo &

B.

YORK.
PHILADELPHIA.

CO.,

Sveelal attention civen to ont-of-town bust-

DOM. Correspondence

solicited.

BRXKgB, Member New York Stock Exobange
M. CCTHHINOS, Member Chicago Stock Exchange

1, B.

D.

& Cummings,

Breese

BANKERS AND BROKERS,
AND 113 inONROE STREET,
CHICAQO

111

Swmrltlet llited In New York, Boston or Chloago
on oonserratlre margins.

flarrled

SLAUGHTER, Member N. Y. Stock Bxehange
WM. V. BAKER, Member Chicago Stock Exchange

A. O.

A. O. Slaughter

&

Co.,

&:

9«

:

&

CHICAGO.
Trust

3*^0,000
'.{00,000

.

GUARANTEES TITLES TO REAL ESTATE.

ST.,

protection afforded by no other srstem of
doing business.
act as Registrar of Stocks

and Bonds, Executor, Receiver and Trustee for
Estates. Syndicates. Individuals and Corporations.
Trust moneys and trust securities kept separate
from the assets of the Company.

CAPITAL. AND SURPLUS, • 83,-.130,000
INTEREST ALLOWED ON DEPOSITS.
This Bank

directly

is

ASSIGNEE for ESTATES, INDIVIDUALS and
CORPORATIONS.
John

OFFICERS:
J. Mitchell. President.

John

B. Drake. Vice-President.

Wm. H. Mitchell, Second Vice-President,
Wm. H. Reld, Third Vice-President

James S Olbbs,

Cash'r.

John

Wm.

L. Z. I.elter,

Wm. H. Milohell.
Wm. G. Hlbliard,

John

B. Drake^

H. Held,
J. SStchell"

J. C. MoMallln,
J. Ogden Armoor*

D. B. Sblpman,

Frederlek T. Haskell.

ARCHIBALD

A.

18£

STEWART. Secretary.

DEARBORN

ST.,

CHICAGO.

CHAS. R. LARRABEE, Treasurer.
DIRECTORS:
CAPITAL, PAID UP,
Gwynn Gamett,
Chas. W. Drew,
John P. Wilson,
W. D. Kerfoot,
Edson Keith,
George C. Waliier,
John G. Shortall,
Geo. M. Bogne.
John DeKoven,
!A. H. Sellers.
Samuel B. Chase,

A.

C.

W.

Ooudy,
Green.

Herman

Co.,

President.

A. H. SELLERS, Vice-President.

John P. Wilson.
A. M. Penoe,

Schaflher

& Co.

BANKERS,

COMMERCIAL PAPER,
100 IVasblDBton Street,

CHICAGO, lEE.

SOLD,

CORRESPONDENCE SOLICITED.

B. M. Chattell, Ass't Casb>r

DIRECTORS
John McCaffery,

The Jennings Trust

OFFICERS:

GWYNN GARNETT,

CHICAGO.

Member Chicago Stock Exchange.

nnder the Jurisdiction and

•npervlslon of the State of Illinois, Is a LEGAL
DEPOSITORY for Court Moneys, and Is authorised
to act as TRUSTEE, EXECUTOR, RKCKIVKK and

CORRESPONDENCE SOLICITED.

INVESTMENT SECURITIES
BOUGHT AND

Trust & Savings
'
Bank.
CHICAGO, IL,E.

Illinois

Offers Investors In real estate securities

Henry C. Hackney,
DEARBORN

1 1891.

$3,918,400
$1,182,832

,

IOWA
FARM LOANS
and
experience

$500,000

SURPLUS.

$50,000

NEGOTIATES GROUND RENTS

In the CItT of

Takes entire charge of estates. Acts as
agent for the registration and transfer of bonds and
Chicago.

stocks and the

Chleaco Seoarltles BouEht and Sold.

July

;

Capital, pald>ap
81,6UO,000
Undivided earnings, Inclndlng

W.

SALLE STREET,

$3,935,000
$1,293,492

exception In the case of Worcester to
general State law limiting municipal indebtedness is found in the
Supplement to the Public Statutes, Laws of 1888, Chapter 144. The
object of the law was to authorize a loan for the purposes of Publlo
Parks. The loan was called the Worcester Park Loan, and the amount
of the issue was fixed at not to exceed $250,000. The Statute provided
that this debt should not be included within the limit fixed by law.
ASSESSED VALUATION.—The city's assessed valuation and tax
rate have been as follows, real estate being taken at about cash value
Personal
Rateo/Taa
Real Estate.
Tears.
Properly.
Total,
per $1,000.
1892
$64,153,200
$16,887,602
$81,040,802
$1460
1891
60,942,300
16,693,608
77,635,908
1460
1890
57,819,250
15,633,010
15-60
73,452,266
1889
54,406,750
13,747,300
16-00
68,154,950
1888
50,338,350
16-00
14,164,286
64,502,636
1883
17-20
48,570,335
In 1802 tax rate includes: State tax, $0-51; county tax, $0-42 city
$13-67; total, $14-60.
Average assessed valuation for three years, 1890 to 1892 inclusive,
was $77:376,323.
POPULATION.—PopiUation in 1890 was 84,655; in 1880 was
58,291; in 1870 was 41,105. According to local authority the present
population Is over 90,000.

WASHINGTON STREET.

4s anthorlxed by law to

Jan. 1 1892.

DEBT LIMITATION.— An

CHICAGO, ILLS.

113

Dec. 1 1892.
$4,265,000
$1,407,883

;

COUNSEL:

BANKERS,
tll-lld liA

»4

»'.*.

pay-

la

Netdebt
$2,857,117
$2,641,508
$2,735,.568
Water &parkdebt (inc. above). $1,750,000
$1,300,000
$1,280,000
yearly
The sinking fund receives
a sum sufficient with accumulations
of Interest on sinking fund investments to retire entire debt at maturwas
paid
ity.
In 1892 $113,100
Into sinking funds other than the
water bonds sinkiug fund In 1891 $93,400.
CITY PROPERTY.—The city owns property valued at $4,650,262,
ncluding water works costing $2,304,389. Receipts from water assessments in year 1890-91 were $151,518'38; maintenance, $62,698'38;
interest on water loans, $41,088 paid to sinking fund, $47,73155.

snrplns
Deposited with State Auditor.

Privata Wh-e to
I.

•

Total funded debt
Sinking f\inds

Company
OF CHICAGO,

Chicago Stock Exchange.

Issues

by check, at the Merchants' National Bank in Boston.
TOTAL DEBT, SINKING FUNDS, Etc.—The subjoined statement
shows Worcester's total funded debt, the sinking fund held by the olty
against the same, and the water debt, on the first of December 1892,
January 1892 and July 1891.

Title Guarantee

Members New York Stock Exchange,

Chicago,

INTEREST—WHERE PAYABLE.-Iutarest onmost
able, principally

CHICAGO.

Jamieson & Co.,
STOCKS— BONDS,
187-189

[Vol. lv.

dividends.

payment of coupons.

Interest and

Authorised by law to receive and execute

trusts of every character

and Individuals.

A

from

courts, corporations

legal depository for court

and

trust funds.

INTEREST ALLOWED ON DEPOSITS Of mousy
may be made at any time and withdrawn aft*

Which

Ave days' notice, or at a fixed date.

TRUST FUNDS AND TRUST INVB8TMBNTB
are kept separate and apart from the assets of the

Company.

Are

Fred. G.

Frank

&

Bro.

LOCAL SECURITIES A SPECIALTY.

99

WASHINGTON

safe
sure. '21 years'
wllhont the loss of a dollar. Interest and
principal net to lender. Send for pamphlet.

ELLSWORTH & JONES,

931 Chamber of Commerce Bldg., Chicago.
STREET, CHICAGO.
First Nat'l Bank Bldg., Iowa Falls, la.

Oorresponaenoe Invited.

BstabUshod 1871.

J.

B.

WALSH, President.

CEAS. H. HULBURD,

Yloe-Presldent.

FRANKLIN HATHBWAY. SMretary.
BAirUBL D. WARD, Tressnrsr
LTXAM A. WALTON. Cartalei

;

—

.

Deckmbkr

.

THE CHRONICLE.

17, 1893.]

MBBfiOThnsetts.— Gloucester.—(State and City SrppLBMKNT, pane 24.) A«i O. Andrews, Mayor.—The followinic
«tatenient of Oloucester'a debt and flnaocea has been corrected to date by uioanH of a special report made to the
Chronicle by City Treasurer Edward DoUirer. The 9M).(K)0
of 4 pur cent hifthway bonds issued this year were sold by the
city at 101 '75, that being the highest of twelve bids.
Gloucester is in Essex County.

—

—

LOANS-

NAME AND PURPOSE.
BlKh Ki<l>ool
do

—

Inleretl.
P- 01. Payable.

iiotOD

do

BiKliwuy Impi'uvoinont.lROl..
do
1892..
do
1887..
PavliiKnotea

INTEREST-WHERE

1,

1

Sept.

It.

4

1H!I7
1S1)9

4

J

4

.r

July
Jnlv

A
A
M&
J A

.T

4

Oct

J
8 Sept.
J Jan.

AAO
Varto's

5

1884..
Bcliool notoH
Various pnrposos notes

.

July

J

4
4

Poller anil armory notoa. 1880..

Prinel/Kil
Whfii nut. OiiUlnHifg.

.

* J
MAS
A A O

4
4

1888..
1889..

City bonds

1,
I,
1,
1.
1,

90S

PAYABLE.-lntercst on
Bank of Boston; on

Ifll.'III.INM)

i:i,'.i:>(>

.Ml, 1)11(1

lltO'.'

.M>.<I(MI

1M»7
1H99

3.-1.IHM)

III.IMM)

J.IlN)
l:i,-^()0

tho city bonds l»
tho city nottui at

MaryUnd— Asm

ToUl funded debt
BinkiUK funds

1892.

1891.

$388,550
88,808

$;J39,1!^0

$292,750

01,971

45,t>(iU

1890.

$296,742
Net debt on December 1
$274,179
The slnkim; fund receives yearly about $20,000, and
bonds,
railroad
etc.
real estate mort«aKes,

county appeftrvd In our 8t7ri>LBMBKr.
County seat Is AnnapolU.
LnAN<;Ifk*ll Dh«. Ta« villi

this

Is

Invested In

Personal
JlaleofTax
Property.
Real Estate.
Total.
«er$l,000.
$15-40
$10,909,300
$4,102,310
$15,011,616
15-40
10.220,530
3,980,491
14,213.021
15-50
9,928,400
4,024,004
13,9.52,464
15-00
3,773,093
9,637.340
13,411,033
17-60
9,154,010
3,890,088
13,0.50,098
2,024,380
22-00
5,476,770
8,101,150
POPULATION.— In 1890 population was 24,651; in 1880 It was
19,329; in 1S70 it was 15,389. The population in 1892, according to

Teart—
1892
1891
1890
1889
1888
1880

local anthoritv, is 25,000.

'

r".(H>Jllly

(tfi.l

iloiid..!

Nov.

,i,>i,t

CHICAGO.
A

r«raUu- Banking Business Traniaoted. Aoconnts
tf Boiuu and Bankers, Mercantile and ManafactnriDC
rtrms or Corporations, received on favorable terms.
ForeWn Ezobange Bouiibt and Sold. Commercial
and Trarelers' Credits, available in all paru of the
llobe. Uiaed. Telegraphic Transfers made with all
United
BTlnoipal Bnropean and Domestic Points.
lUtM and other Srst-chus Investment Bonds dealt

Construction Co.,

BBCUBED BY CHICAGO REAL K8TATB FIBOT
MORTGAGES.

ft.tXM

.

30.000

bonds

Issuort bjr tbUi

coanlr >r» AiMapt fr<i«

eounty and Htnte tax.

Illinois— FairbRry.—The following talement of the debt
and valuation of Fairbury has bc«n received from Town
Treasurer S. B. Downing. The new water lr>ao, of which
the details are f;iven below, wai sold on Uotobtr 89 to lb*
This town

Bank of Fairhury

for |1S,044I.

situated in LivlngBton County.

is

When Due.

LOANS-

TiiWN Ham. BO!«t>«
6«, .Inly. $2.0<K)

T..t

July

1,

WATKH KXTKSSION BllMW—

July
July. $15,000
($1,000 due yearly) to July

.5s,

1,
1,

T»»
1x91
1908

$17,000

'3,.

Wu

1893

ii

nnoo

.

v.,

-t
to

Topulnt^

Clerk.

Decatur

is iu

Macon County.

LOANS-

"''•««

CITV OK Deiatcr

Bonded debt Nor. 1 1802..$70,000
Iloatini; debt
11,300
Total delit Nor. I 1892.... 81.3U0
HlnklnK fund
24X192
Net debt Nov. 1 1892
57.468
Population 1890 was
1H.841

Due.

Bonds—

$20.0t>0
Oct. 1, 1904
POHI.IC iMr. A FVtSMHIi—

6s,

AAO,

FAA. $:10,<M)0....Aug. 19, 1896
RKKiKiuNo Bonds—
Junol, 1899 Population 1H80 was
JAU, $-20.000

7s.

9,547

PACIFIC COAST.

JMU. a. ttUABSUIk.

A« WA.XlA/lkX>,

&

HIGH GRADE

MUNICIPAL

BONDS

A gpaOIALTT.
CHABLU UOD«MAII
fOWASDI WaiTAJtlB.

Whitaker

&

Street,

Loeb & Gatzert,
nORTOAGE BANKERS
STREET, CHICAGO.
and small sniounU,

netting Investors 6, iii and 6 per cent, secured or
Improved and income-bearing Chicago city propertj.
PrlDclpal and Interest pay-abte In Gold.

OORftBQPONOliNOB SOLICITED.

Bank,

Nat'l

Paid Capital

ST. LOUIS.

Geo. M. Huston & Co.
BOND AND STOCK DEALERS
We burand sell outright all Western
We
Municipal Bonds and Stocks.

.iii--U>S*>*>f*<

J.LOBWBNBERO. Pres. JAS. STBiL. lae-Piat,
I. A. MACRUM. Cashier.
BBLLH BIUUT BZCHANOB AND TBLSQRAPaiC TRAN8KBB8.aod I880S8 LBTTBBl
Of CREDIT avallalils Ihrooghont the Cnlted State*
DRAWS BIIXS OF ZCHANOB on Londos.
Uverpool, Dnblln, Paris, Berlin. Frankfort-on-lke.
Main, aad all the principal elites of Baropei also oa

°8SlES^)10N8 MAJ>B JO all

sheerfully furnish full and relUble in-

formation ooncemiiig any Western s^
onrlty without oharKe. Monthly quotation circular mailed to all applicants.
New Issues of munlclpaktionds wanted.

806

PINE STREET,

Commercial Bank,
MO.

ST. LOUIS,

TACOMA, WASHINGTON.
PAID-UP CAPITAL •iMC.OS*.

MINNEAPOLIS.

Biz Per Cent Coopon Cartiacau of Deposit, rantai
puraMe
years. Interest and Principal payaMeM
•
New Tort
Ixehange Nat. Bank. ffawToiiCttf
MerchanU'
the -whiah ea
Dpoa sKsehed,
snae h ed, waieh
This
.__„_
OarUfleate has a eoapoa
be eat off when dne. and p r esen t ed to any Rank ta
payment, the same sea New Tork Draft. Aaoei
oanvenleat mode of Investing yoor snrploa
WrtU for a copy of the Csrtdoate.

One
.ne
or Two
-

C

M

(

miNNEAPOLIS, niNNESOTA.

Members o( the Chloa«o Stoek Bxehaac*.

Correspondence BoHaMat

PORTLAND, ORKGON.

Minneapolis Trust Co.,

ViS I.A
A OsBcral Bankinc Bnilneae Transacted.
RBdT MOBTGAQK LOANS ON UdPHOVKD CTTT
REAL ESTATE FOR SAUL

Saperlor OolleeUon FadllUas.

Hodgman, Merchants

CHICAOO.

Straus,
BANKERS,
8ALLB ST.. CHICAGO

I

BOND AND STOCK BROKKKS.

•16. 617 and 618 Rlalto Bnlldlns,

&

Angna Maoklntosb, Free. Aonun Barker. Viee-Pm,
Wm. T. WIckware, Csehlv.
Capital. •ilOS.OOO Sarplae, etc.. •«•,•••
Intereet-bearing Certlflcatee ef Depe a it.
I

Company,

INFORMATION UPON APPLICATlOH
CORRESFONDBNCIi INVITED.

WW)

•

HopiilaT

Illinois— D«;atur—(3TATE and Crrr Supplbmbst, pa«a
91.)— W. F. Chambers, Mayor. The folliwmc stat<>ni*nt of
the financial condition of Decatur ha« bet-n corrected to dat*
by means of a special rjport received frjm L. F. Skelly, City

ST. LOUIS.

of shares are nowoSeretf

First Mort«iiffea for khIo In largo

1,

1892.

1

TAX FREE. -All

WESTERN BBCUKITIK8 AND

aNCORPORATKD.)
•
•l.OOO.OOU
Aathorized Capital,
Shares SlOO Each.
7 Per Cent Guaranteed,

I4«

1,

about

Total debt Nor.

800 Nortb Foartb

TO INVESTORS.
Chicago Co-operative

1

Co., Merchants National Bank
Blessing
OF SEATTLE, WASHilNOTON.
BANKERS AND BROKERS,
UNITED STATES DEPOSITABT.

CORKK8F0MOENCK BOLICITBD.

lis I.A SAL.I.K

-rn

fSi^.^O"

1MII2
KlodtltlK drill,

Gay lord,

$2,000,000
T00,000

Pald-np Capital,
•nrplns,

Cahn

»ii

1807
1B17

ST. LOUIS.
M'l.

Union National Bank,

rniiL

Hiri

A>-'

-

'M>O...JiilT 1,

.1

6s,

CHICAGO.

(or sale at the offices of the

1

I

Ci.i

5«.

$247,08«

ASSESSED VALUATION.—The city's assessed valuation ami tax
follows, real estate being taken "at
rate at various periods have boenaa
:"
about three-fourths cash value

A LIMITED NnMBBB

rn1lowlii«i

hM

First National

the city
three years

AniH4el Coaaljr^Th*

tho linanoUl condition of Anna Arun<li>l Oiuot^
been roc«lTed from the County Trnwurvr, No twpoit fron

DEBT, SINKING FUNDS, ETC.-Th« subjoined statement
TOTAL
Oloueesters total munlelpal debt

and tlio sinkluK fund held by
aKninst the same on the urst of December of each of tho last

1068

mmt of

l.'i.lNHI

1901

Oct., 189'2-'94
1892 to 19(M)

pavalile at tho First National
Olty Treasury.

bows

'

C APITAL..

^BamsHAif.Oaah. a»ATT*» H. Wi

taOO.OOO.

aeal Estate I^eans. Satetr Oepaelt Vaalt
Aete ae Baecotor, Traeiee aad Gaardlaa.
OSPOSITORT FOB WIUi&

TACOIHA, W.tSHII^UTON.
(OLDSBT BANK IN TBB CITTJ

BOX

1,000.
Cable Addreae "Traat" HInneapalla.
DIRECTORS,

P. O.

Merchants National Bant

gamaal HUl, President: Wm. H. Danwoody. Fteet
Vloe^rteetdent; H. K. Brown. Seoood Tloe-Prest-

denti OanlelBassett. Third Vlee-PreMdent; Oarkioa
Undley, Secretary and Treasurer: Uaae Atwater.
W.Cannon. C. O. Ooodrloh. Jas. J. Hill. A. F.

Intsrstt Paid on
Capital

H. Wood

&

Co.,

INVESTMENT BANKEBS,

Oenespondeoee soUslied.

MIHWEAPOLIS, MUVN.,
Daalar* In the highest olses of MlnneafoUa
and Bowls.

ufni^ Stocks. Mortgag*

SMUt-

Cttl l

enHonsas

SAN FRANC ISCO.

The

First

National Bank

OF

SA.\ FHANCIM'O, CAL.
UNITBD aTATBS DSPOSITART.

CAPITAL.

Gaaraniee Lean Balldia*,

S-a-^O.O**

Siau.atM

SarpleeaadVadlvldad PreSta

H

S.

Tim* D«potH».

DRPLDS.

...

A O. MVBPBT. PresMeaL
lai

Mormr,

T.-I>r«e.

D.

•!,>••.•••

*7

M,»m

MoaaAS.

o.w.KLnra.i

aniBRAL BAHKIHU

Bi:HISBI

ACCOVMTS SOLICITKS.

S

:

:

:

:

THE CHRONICLE.

1054

MnUtusnts.

gattfe

LVoL. LV.

Satili statements.

jR^nh *tatcmewt3;

OF THE CONDITION OF THE
OF THE CONDITION OF THE OEPORT OP THE CONDITION OK THE
REPORT
NaI IONALBaNK OF THK RBPUBLIC, at •^^
FOURTH NATIONAL BANK of the REPORT
MERCANTILE NATIONAL BANK
New York, In the State of New York, at the close of
of New York, at N»w Y rk. In the State of

OUT

Hew York, at

the close of business Deo.

RESOUKCES.
Loans and discounts
Orerdrafta
U. 8. bonds to secure circulation
Btoclts

and securities

Due from other national banks
Due from State banks and bankers
Bamklng house
Oh'ks and otbercasb Items

ii.

business December

1892

{18.263.641
4,089
60,0 lO
6«,668
1,693,802
75.648
600,000

82
88
00
08
28
01

00

1162,620 20

Bich's for riearinif House 6,765.488 88
Bills of other banks
4.588 00
Nickels and cents
Specie
Legal tender notes

V.

8. certiflrates of

f ir legal
<

deposit
40,000 00-11,7«3,495 98

Redemption fund with U.

8.

(6 per cent of circulation)

Treasurer
2,250 00

....•

Dae from

U. S. Treasury (other than
5 per cent redemption fund)

9,000 06

»88,5ai,53l 06

Total

LIABILITIES.
18,200,000 00
1,50>.000 00

Capital stock

Surpiusfund
Dndivided proflts (net)
National ban n tes outstanding

00
00 00
15,909 09

tooheck

H0,110,2«7 88
23.441 00
Demand ctfs. of deposit..
Cashier's checks outst'd'g. 1.1H.718 8i
Due to other Nat'l banks, 11.614.683 44
949.818 08-23.812,409 2'.
Doe to State b'ks & b'kers
Deposits held for acceptances
S,5 67,ii87 51
Total
»3i,681,531 OS
State of New York. County of New York, «s.I, Charles H. Patterson, Cashier of the abovenimed bank, do solemnly swear that the above
statement is true to the best of my knowledge and
belief.
CHARIiE* H. PAT I'BKSON. Cashier.
Subscribed and sworn to before me this 13th day of
December, 1892.
D. G. Fanning,
Correct Attest:
Notary Public.

BDWARD SIMMONS,

.IAMBS
R. T.

^^

$10,.292.656 69
Overdrafts
1.980 10
U.S. bonds to secure circulation
270,000 DC
Stocks, securities, Ac
660,791 80
Banking house, furniture and fixtures
6J7,B«4 1«

Current expenses and taxes paid

Premiums on U. S. bonds
Checks & oth. cash items
Exchanges for Clearlng-

CANNON,

.

WILSON,

$54,327 66

145 40
2.369.756
50
..v...,..490,297 00

350,000 00

Redemption fund with
U. S. Treasurer (5 per
cent of circulation). ..
Due from other nat. b'ks.
Due from State banks

12,150 00
1,848,786 61

and bankers
Total

$ 18,426,t 68 66

LIABILITIES.
Capital stock paid In

$1,500,000 00
500,000 00
4rt.,061 51
228.970 OO
17,674 00

Surpiusfund
Undivided proflts
National bank no:es outstanding
Dividends unpaid
Indivld.depo8.8ub.to chk. $3,494,979 18
Demand certif. of deposit
3J,213 00
Certified checks

371,3(5
109,-86
8,72^,198
2,98o,36U

Cashier's checks outst'dg
Due to other nat'l banks.
Due to State b'ks & b'kers

State of

New

New

Vork. County of

I, Oliver S. Carter, President of the abovenamed bank, do solemnly swear that the above

statement

mr knowledge and
CARTER, PresideMt.
before me this 13tb day

true, to the best of

Is

OLIVER

belief.

8.

Elisha

349 36
50,000 00

702,54150
270.5il 61
10.989 27
BOo.OOO 00
4,500 00

85
64
38
00
222 76
754,569 00
888,463 00

14,707
18,347
2,379,719
22,800

2,250 00

Total

|9,614,2'>398

LIABILITIES.
Capital stock paid in

Surpiui fund

$1,000,000
1,000.000
57^,516
45,000
2,447
3,113,758
6,078
1,682 114

...

Undivided proflts
National banknotes outstanding
Dividends unpaid
Individual d-poslts subject to check..
Demand certldcates of deposit
Aoceiteo drifts
Cashier's checks outstanding
Due to other nat'l banks
Due to State banks and bankers

00
00
92
00
19
11
01

78

2,021 19
l,4&4,2ud 87
817,060 91

ToUl

J
1

I,

named bank, do solemnly swear that the above

my knowledge and
Cashier.
Subscribed and sworn to before me this 13th day
of December. 1892.
H. Jj. Bbatnabd, Notary Public.
Correct— Attest
F. D. TAPPEN,
1
ADRIAN ISKLIN, ,7r.,
> Directors.
W. BMLEN ROOSEVELT,
statement

is

true, to the best of

belief.

A.

W. SHKRMAN.

OF THE CONDITION OF THE
REPORT
NAlIONAL(;lTY B^NK OK NEW VORK.

at New York, in the State of New York, at the close
of business Dectmber9, 1892:

RESOCRCES.
Loans and discounts
IJ. ?.

114,838.774 22

bonds to sef'ure circulation

Dae from other national bunks. ..
Due from Stale bunks »no bankers

SO.in-O

00

3

3'i

137,50i
20U.000
8.000
16,8>y

92
00
00

l,lH'.i,o;

Banking house, furniture and llxtures..
Other real estate and mortg's owned...
'urrent expenses and taxes paid
Checis and other cash Items
Exchanges for Clearing House
<

Bills or other

16

360.049 53
6.4b1.2>5 72
18.043 00
506 60
3,870,760 00

bankFractional paper cur'cy, nickels A cts.
Specie
Legal lender notes
1,282,000
Due from U. S. '1 roas. acc'i customs.
26,ii00
Total
»K»,»6o,«13
LIABILITIES.
,
Capital stock paid In
»1, 000,000
Surplus fund
1,000,000
,

OF THE CONDITION OP THK
REPORT
UNITED STATES NATIONAL BANK AT

NWW

VOKK.

of business.

Now

In the State of

York, at the close

December 9 b. 1892:
RESOURCES.

Loans and discounts.
Overdrafts, secured and unsecured
8. bonds to secure cii-culation

$6,267,407 00
1>',120 04

U

600.IXK)

^tock". securiiles, etc

580,085 98
37,8'0 22
78,505 96

Current expenses tnd taxes paid

Premiums on

U. S. b inds

Che k8& "tner cash Items
Exchanges lor Clearing-

oil

196,^51 48
1,048.210 ««
201.305 8»

Due from other n.itionai banks
Due from State banks and bankers
Banking house, f tirniiure and fixtures
$11,853 81

House

642,773 95
of other banks
37,445 00
Fractional paper curr'ncy,
nickels and cents
27 45
l,7l'i,68? 00
Specie
Legal-tender notes
135,015 00
U. S. certlfloatei. of deposit
for legal tenders
30,000 OO
Hedemption fund with U,
8. Treasurer (5 per cent
If circulation)....
22,500 CO
Due from U. S. Treasurer
other than 6 pir cent redemption fund
13,600 00

LIABILITIES.
Capital stock paid in

3urplu8 fund
Undivided proflts. net
National bank notes outstanding
deposits —
Individuals
$4,017,503 01
National banks
4.3^7,7^9 3*

pr.iBts
i;:ipaid

Individual deposits subject to check
$17,689,893 83
Demand certfs. of deposit
30,03o 0*1
Certified checks
2,630,236 23

„lnK

Due to other nat. banks
Due to State banks and
bankers

1,420,234 12-21,770,893 18
l,»*8,Oo7 90
1,139,623

Total... ...^

2- 3,027,710 92

1,

City

the

above statement is true, to the best of my knowletlge ano belief.
D. PALMER, (Jashier.
Bobscrlbed and sworn to before me this 13th day
of Deoeoiber. 1892.
Geo. H. Corky,
k_Coirect— Attest:
Notary Puullo, N. Y. Co.

SAMUEL SLOAN,
,
GEO. W. CAMPBELL,}
R.

ti.

BOLSTON,

Directors.

45,oOO 00

GKORGRH. SAKGENT,>
CUAS. L.CO'.BY.
VDirectors.
WM. P. tT. JOUN.

00
00
09
oo
20 00

$500,000
500,000
44,098
416,600

Undivided proflts
National bank notes outstanding
Dividends unpaid
Individual deposits subject to check
$3,367,716 48
00
98
62
66

HOPKINS, Ca-hier,
me this 13ih day

tkh B. Horn,
Notary Public, Kings Co
Certificate filed la NT V. Co.
TH'iMPS
P.
)N. 1

STIU-M AN,
- aSkek,
HENRY ALLEN,

;

U.

Hackett

&

niraotor.
Difeotors.

08
51

00
00
00
81

Wl
6»
45
04
tSA

70

58

$500,000 00
150,000 00
107.158 n5
42,'J40 00
tt 00

Ind.dep. sub. t.' check... J2.095,68l HH
7,oy6 07
Demand cert's of deposit
2vm.4's0 15
CertiHed checks
75.904 fcW
Cashier's checks outst'K.
40.000 00
Unltd 8tite»depo« ts...
Due to oth. national bt-s. 2.277,2:4 iS
Due to State bnks&bk'rs 1,696,212 9i-6,i89.149 98
$:,ae8.554 58
Total
State ('f New York, County of New York, ss.:
1, J. F. Thomphon. Cashier of the above-named
bank, do solemnly swear that the above f^tatement 1b
true, to the best of my knowledge and belief.
H()Mi'SON, t-ashier.
J. F.
Subscribed and sworn to before me this I3th day
of December. 1892. C. R. Svmmes. Notary PubllO.
Correct— Attest

BAYNB.

)

EDWARD V.LOKVV.

V

bTUAHTG. NELSON, S

Director*.

W. H. Howcott,
ISIVESTIHEniT

BANKER.

BIQU-aRADE LOANS EFFECTED.
Dealer lu

Southern
Appraiser

ot

Timber

Lands.

Honthern Ijand Valuea.

f

J

NO.

19tt

COin»ION MTREET.

MEW ORLEANS, LA

Hoff,

REAL ESTATE AND INVESTMENTS,
St.,

York, at the close of

$7,288,614

S. G.

T. E.
J.

New

1H9J:

Loans and discounts
$8,723,807
Overdrafts, secured and unsecured..
50,000
V. 8. bonds to secure circulation
50.000
U. 8. bonds to secure deposits
23.000
U. 8. bonds (.in hand
49-'.147
Otht-r stuck* aiid bonds
^31.u
Due from other national banks
Due fr<im Htwle banks and bankers
7 .606
8,49?*
Hankinj; house, furiii'uieand fixtures.
37,470
Current expeiisf^ and tivxea paid
Premiums on U. 8. bunds
19.^98
Checks and other ca.sh items $1,345 f 4
ICxch'KestorClearV House. 760.0:^9 8u
20,^.20 00
Billsof otherbanks
Fractional paper currency,
199 2'i
nickels and cents
836.7VW 00
Specie
3i4,0tf0 00
Ijegal-tender notes
Kea'n fund with U.S.Treas
2,250 00- 1.988,196
(5 per com ot circulation

10,080,121 51

Wa

W.

9.

KKHUCaCBS.

27

Subscribed and sworn to before
of December, 1892.

the State ot

December

'I

$li,510,i-3i) 60
Total
State of New York, County of New York, as:
I, H. C, HOPKINS, Cashier of the above-named
bauk, do solemnly sweartbat the above stateinent
Is tt ue to the best ot my knowledge and belief.

C.

Y'lrk, in

business

TH>'

Undivided profits
National bank notes outstanding
Dividends unpaid

LIABILITIES.

H.

CONDITION OFTHE
SEABOARD NATIONAL BA>.K,atNew

REI'OKT OF

Surplus fund

Surplus fund

—

SCHENCK. C isbier.

Capital stockpaid in

Capital stock paid in

Demand certificates of deposit
15,000
260.273
Certified checks
6.490
Cashier's checks outsfd'g
Due to other nat'l banks. 4.045,485
One to State banks and
2,385.155
bankers

B.

Subscribed and sworn to belure me ihxn 13it day
December, 1892,
F. A. K. Bryan,
Notarv Public. N. V. Co.
Correct— Attest:

of

LtABILITIES.

2,611.982 21

Correct— Attest:

FKED'K

belief.

.

Milwaukee, Wis.

First Mort^fmes on Improved Milwaukee Real
Fstate. bearing elx and seveu per cent interest
No chartfe to the iuveatur for colectiuK interest or tookint; after taxes aud tire tusurnce Absolute security.

Davenport

A. Strassburger,
STOCKS & BOIVDS BROKER.

Co.,

RI€1IIH01V0, VIRGINIA.
ESTABLISHED,

1880.

Correspondence solicited and information furnished about Suutbern State. Municipal aud Hallroad luvesiment Securiiles.
New York Iteference-CIIAS. .M. FllV, Esq., President Bank of New Viirk. N. B. A.

ATLANTIC jmJTUAIi
Dealt

BOUTIIBBN INVESTMENT SECURITIES,

Montgomery, Ala.

&

BANKERS AND BROKERS,

always on hand.

»!!8,165.818 88

New York. Omnty of Now York, as.:
David Palmer, Cashier of the National
Bank ijf New York, do solemnly swear that

State of

11J.*350 11

TotAl
$12,5Si,h86 89
State of New York. County of New York, ss
the above1, FuED'K B. SCHKNCK. Cashier of
named Dunk, do solemnly swear tliat tlie above
statement Is true, to the boat of mv knowledKe and

Total

$11,640,839 60

Total

96 micliigan

Cashier's checks outiitand-

H,000,mOO 00
950,000 00

State banks and bank'rs... 1,027,806 89
4,7n7 0?
Demand certs, of deposit.
Certified checks
204, 82 i^l
Cashier's checks outst'K ..
270.'J07 96-10,478.236 79

,

Undivided
Klvidends

84

tl2.o81,88a 89

:

Bills

00
uO
35

00
00
1,666,924 26
1,785 00

00
00
00
00

S

Directors.

t«,«44,2P3 98

New York, Conntv of New York, »»;
ABTBCR W. Sherman, Cashier of the above-

State of

Total

I

:

,

18,159,514 04
1,847 01

:

U. s. bonds to secure circulation
50,000
U. S. bonds onha-'d
lOi'. 00
Other stocks and bonds
IH.iiOO
Heal estate, banKinp house
'200,000
Specie
$1,504,038 60
Leisral -tender notes
1,047.200 00
2.37vt 00
Bills of other banks
Ch'ks and other cash items
11,875 35
Exchanges forcl'inti house 601,178 OS
Due from national bunks.. 8l7,l8:J 34
Due from State banks nnd
bankere
60,416 47
Redemption funa with U.
S. Treasurer (5 per cent
of circulation)
2,250 00
Due from U. S. Treasurer
other than 5 per cent redemption fund
9,000 00-4.051,495

Camp.

K.

IV.

York

Stocks, securities, etc
Due from other national banks
Due from State banks and bankers...
BaukiUK-hnuse. furniture and flxi'res.
Other real eaoite & mortgages owned.
Checks and other cash items
Current expenses and taxes paid ....
Exihansesf >r Clearing House
Bills of other banks
Fraci'l paper cur'cy, nickels and cents
Specie.
Legal-tender notes
Bedemptlon fund with U. S. Treasurer (6 per ct. of circulation)

Overdrafts

Noiary Public,

GEORGE B.CARH ART,
WM. H TILLINGHAST,
SUMNER STONB.

OF THE CONDITION OF THE
REPORT
GAI.LATIN NATIONAL BANK, at New
14.524,602 55

York, at the close of buainess

RESOUnCES.

1

45
55
(9-15,711,963 15

$18,425,668 66
York, «.:

:

HE80UKCBS.
Loans andidlscounts
Overdralts. secured and unsecu-ed...,
U.S. bonds to secure circulation...

New

1892:

:

Total

of December. 18w2.
Correct— Attest

City, in the State of New York, at the close of
business December 9. 1SV2

08

9.

Loans and discounts

173,740 7 1-6,458,565 26

Subscribed and sworn to

Directors.

S

62,140 «5
41,850 0<

1,043,106 57
116.335 00

Bills of other banks
Fractional paper curr'cy,
nickels and cents
Specie
Legal tender notes
U. S. certfs. of deposit
t T legal tenders

45,'

Individ't deposits subject

December

Loans and discounts

.S90,226

Dividends unpaid

J.

Of the city of

Ie92

RESOURCES.

House

2 37
5.350.796 50
540,000 00

tenders

9.

INS. CO.

SCRIP

In bT

AUGUSTUS FLOyD,
9!«

riMK BTKBET.

NBW VOUK.