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MERCHANTS’ HUNT’S 9* MAGAZINE, §^wjsjGipn, bepeesenting .tiie industrial and commercial interests op the united states. [Entered according to act of Congress, in tlic year 1834, by Wm.B. Daxa & Co., in tlio ollice of tbo Librarian of Congress, Washington, D. C.[ NO. 1,017. SATURDAY, DECEMBER 20, 1884. VOL. 39. Cotton CONTENT8. Exchange, the»dealings in futures reaching 1,000,900 1883. bales, and representing an increase of 74*7 per cent over THE CHRONICLE. Outside of New York the exchanges reach $264,032,136, against English News 098 $294,425,366 a year ago, or a falling off of 10*3 per cent; on 6s4 Commercial and Miscellaneous 699 News loss 12*5 per cent. The cities which December 6 the was 69 i 697 exhibit clearings in excess of the previous year are Boston, THE BANKERS’ GAZETTE. Money Market, Foreign Exj Quota ionsof Stocks and Bonds 702 Providence, New Orleans, Kansas City and Memphis. Below change, U.S.Securities, State | New York Local Securities— 703 Clearing-House Returns The Financial Situation What Bars Business Recovery Progress in Uniou Pacific The New Viceroy of India and Railroad Bonds Sto.-ks Range in Prices at the Stock Exchange Monetary 091 692 and i Commercial Railroad Earnings and Bank Returns Investment and Railroad 700 N. Y. and our usual statement. In¬ Week Ending 705 telligence 701 is 704 THE COMMERCIAL TIMES. Cotton I 716 Imports Receipts and E xports 7x7 dxrmthclc. %\u Financial Commercial Chronicle is and | 715 709 | Breadstuff's 709 j Dry Goods Commercial Epitome Thi • published in Now York (Stocks....shares.) (Cotton bales.) (Grain., .bushels) (Petroleum..bbls.) Boston TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE: For One Year (including postage) $10 20 For Six Months do 6 10 Annual subscription in London (including postage) £2 7s. Sixmos. do do do £1 8s. These prices include the Investors’ Supplement, issued once in two months, and furnished without extra charge to subscribers of the New llaven Subscriptions will be continued until definitely ordered to be stopped. by The publishers cannot he responsible for remittances unless made Drafts or Post-Office Money Orders. A neat file cover is furnished at 50 cents; postage on the same is cents. Volumes bound for subscribers at $1 00. 18 Offices in England. The office of the Commercial and Financial is with Messrs. Edwards & Smith, 1 Drapers’ Chronicle in London Gardens, E. C.. where tabscriptions and advertisements will be taken at the regular rates, and single copies of the paper supplied at Is. each. The office of the Chronicle in Liverpool is at B 15, Exchange Buildings. WILLIAM B . ) WILLIAM II. DANA Sc Co., Publishers, 79 & gl william Street, NEW YORK, > Post Office Box 958. DANA, f JOHN G. FLOYD A>YD* (1,SOI,401) (1,000.900) (35,809,717) (50,009,000) $71,920,013 Providence 4,509,200 Hartford 1,339,874 1.103,302 793,512 002,481 095,643 Portland Worcester Springfleld Lowell Total N. England Philadelphia. Pittsburg Baltimore Total Middle.... Chicago Cincinnati $753,405,825 Ending Dec. 6. 1684. Per Cent. -25-8 PerCent $586,370,118 -20-7 -11-3 $74,428,502 4,479,300 1,699,505 1,202,018 884,291 747,880 —17-4 743,770 —23*0 -332 458,910 -12*2 + 00 3 $84,644,842 —4*2 —20-9 -20-6 -8-0 -29 -24-0 r-3*i -11*9 -2-6 -11*3 -141 -18*0 $42,414,009 7.077,580 $53,802,017 21*2 —300 11,557,059 10,202,811 13,932,902 -17-0 $52,146,792 7,802+52 12,001,490 $01,049,248 $77,933,890 -21 7 $72,551,140 -21*6 $49,300,417 9,381,150 -10*3 701,274 $54,292,701 10,071,850 4,309,012 3,020,190 1,937,012 2,207,497 1,557,<07 1,009,514 $70,719,991 $79,125,479 $15,574,451 592,031 $18,317,590 2,475,339 1,497,092 Cleveland 2,171,451 1,308,851 St. Joseph +1 4 4-3-4 $81,278,159! Indianapolis St. T.miis $71,183,353 4,359,000 1,406,634 1,130,737 1,043,700 740,010 842,610. . (-3P5) $81,497,300 Detroit I’eoria (73,044,000) (1,722,300) (—17 6) (740,000) (+118*0) (33,960,000) (+4*3) (05,657,000) (-12*5) 099,443 3,817,817 Columbus (2,240,382;! (-19*0) (573,000) (+74-7) (59,845,000) (-39-0) 407,275 Milwaukee Total Western... CLEARING HOUSE RETURNS. $558,904,373 1883. Saks of— New York every Saturday morning. (Entered at the Post Office, New York, N. Y., as second-class mail matter. I Chronicle. 1S84. Week December 13. 717,407 -27*3 -9-2 $54,019,998 —121 10,421,100 -11*5 —12(5 4,763,025 —15-2 -184) 2,754,231 -13*7 -22 7 1,794,204 -22*3 -42 +27*8 -30-5 2,504,751 1,523,856 835,155 100 $78,096,083 -14-5 —150 $16,210,' 93 740,028 —19*9 -11-4 — — 171 +5*4 -18*8 -10* exchanges for the week ended with Saturday last make New Orleans -12* 14,107,1 si** +3-0 13,244,819 14,533,183 -13-9 -31 a more satisfactory exhibit than those for the preceding six 4,814.504 Louisville 5,339,053 4,140,181 Kansas City 3,901,514 2,920,250 +40*8 4,508,072 4-35*7 days, for while in the aggregate the loss is but 1*1 per cent Memphis 2,310,160 1,787,208 4-220 +12*5 2,190.233 less than that then recorded, many of the important cities -9*0 -3-9 Total Southern.. $42,004,085 $41,001,223 $42,360,331 show a gratifying improvement. The resumption of opera, +1*9 San Francisco $13,419,253 —27 2 $12,284,885 $9,764,314 tions by cotton mills has made further progress, and it is -22*5 -2P4 Total all $8:6,908,299 $823,020,509 $1,047,891,191 reported that many of the factories in the South find no lack of business and that some are working under a press of orders, We have received by telegraph the returns from a few of the notably those in Augusta, Georgia, and its environs. Taken important cities for the five days ended with this (Friday) by sections New England leads in the present statement, evening, and, including New York, they do not make so favor¬ recording an actual increase over the exchanges in 1883 of able an exhibit as on Dec. 12. This is due, however, to the *3 per cent, against a decrease on December 6 of 4*2 per cent. greater falling off in this city, for with that excluded, the loss The South also shows a more favorable condition than last as compared with 1883 is seen to be 8*3 per cent against 9*3 week, gaining 5*7 per cent, the decline from a year ago now per cent last Friday and 13*5 per cent Dec. 5. . Philadelphia, reaching only 3*9 per cent. The Western section gains 3*9 per Baltimore and St. Louis show gains over previous weeks, but cent, and the Middle loses 0*1 per cent. For the 'whole country Boston, although still recording clearings in excess of last the decrease from last year’s figures is 21‘4 per cent. year, falls off 1*4 per cent. At New York the total loss is 25*8 per cent compared with Five Days Ending Dec. 19. \Flve D'ys End g Dec. 12 the [corresponding week of last year, the percentage of 1884. 1883. Per Cetit. Per Cent 1884. decrease after deducting double the value of stocks sold during -28*8 $450,020,011 $470,333,206 $080,960,077 -30*0 the week in both years ($136,195,482 and $168,012,000), being New York Sales of Stock (shs.) (1,923,110) (-13-9) (1,054,169) (1,588,821) (-23*7) 31*3 per cent. The amounts which remain to represent other Boston + 1*7 $57,811,895 $61,398,339 +<K>*3 $57,975,710 -17-4 New York clearings—that is, clearings arising out of transac¬ Philadelphia -20*1 42,028,890 51,009,840 35,799,958 -7*8 -16*3 9,818,001 10,075,081 10,931,739 tions other than stocks—are respectively $286,603,409 and $417,- Baltimore -15*4 St. Louis 13,210,150 12,081,217 13,476,088 -10-4 ^41,825; last week the corresponding figures were $349,386,418 -20 5 -254. Total $0-9.094,110 $814,790,245 $570,847,065 aad $455,698,831. Speculation has been very active on the The i THE 692 CHRONICLE, The leading industrial occurrences of the past week opening of the World’s Fair at New Orleans, the publication of the Nicaragua canal treaty, and a pretty general shake-up of stock values in Wall street. The lat¬ have been the has been attended with ter event numerous rumors adverse leading properties, none of which have as yet proved only tangible fact being that a leading speculator jn Delaware x Lackawanna, prominent during past months in sustaining that stock, has loosened his grip and cleverly marketed a good part of his holdings. As a consequence not only did Lackawanna decline materially, but with the assistance of speculative sales of other properties and the to true, the adverse more rumors or less referred to, the whole market became demoralized, forcing many other stocks to share in the decline. In the meantime factor event has developed, adverse kind. (>n the contrary the outlook to-day is everyway favorable; and were it not for the silver question and the uncertainty that issue imparts, interests to business be there can no no of any doubt that next year would witness a rapid revival of all our industries. ( >f' course seme will point to the many failures, low wages, lack of work, and -Dow prices for wheat, kc., as very discouraging and even hopeless circumstances. Fo far as enforced idleness is concerned, it is a hard experience for those suffering it, and calls loudly for the sympathy of all, as well as aid from those better situated; yet in an industrial way, it is but a temporary expedient, attendant upon every time of depres¬ sion and quickly cured on a change for the better in the demand for goods. Never before in our history was there such a suspension of labor, and never were failures so nu¬ with liabilities so large as in 1878, and yet merous there never was a business revival so rapid and so won. derful as that which began with 1879. As to low-priced wheat, that harms the farmer to an extent, but he is ben efited by the low wages and cheaper goods that the loss in wages permits ; while the multitude who have food to buy find the purchasing power of their incomes increased by this very decline which the farmer suffers from. These familiar would not refer to them were it not that the circumstances mentioned are being so widely and loudly proclaimed as insuperable hindrances to recovery. They are nothing of the kind, being, with one exception, merely incident to every period of business are truths, and we ■depression. In the line of favorable circumstan ces, it should not be for¬ gotten—and especially by those who base so much that is discouraging on the low price of wheat—that during late weeks cotton has been netting somewhat higher values than a year ago, and as we sell to foreign countries about two thirds of that crop, the higher price has a certain import¬ ance in this discussion. Then another circumstance not to be overlooked is the improvement which is taking place in railroad earnings. During the two weeks of December, so far as reported, they show better than anticipated. Jt is of course to be remembered that December month last year, so that we are smaller figures. But even when was not a full comparing now with that fact is given its proper weight, the latest statements show well. Besides, there continues to be a fair business doing in almost all branches of trade, a decided improvement on the conditions of six weeks ago. Many br. nclies of manufacture report im. provement and ilie feeling everywhere is a decidedly more hopeful one. Furthermore, the World's Fair in New Orleans ought to give at least a temporary impulse to in¬ dustries, especially in the South. With all these signs of promise, with capital abundant, and knowing that there is natural tendency in the direction of a full recovery from commercial depression, it seems but reason¬ able to expect a speedy revival of business unless our cur. rency arrangements prevent it. As already stated, the course of the stock market has been decidedly downwards, though more or less of strength was developed on Thursday, and yesterday some recovery in prices took place. The selling movement in Lacka-. wanna and the other coal shares was accompanied by that the arrangements for a combination of the rumors coal operators next year, on the allotment plan, were not satisfactory to some of the New York companies. These reports were followed by a statement that in bidding for supplies for the Elevated railroads the Lehigh Valiev had offered coal far below tho_ schedule price. This was promptly denied by the officers of that company. Then came a rumor that an attempt would be made by the bituminous operators to combine for the purpose of forcing their product into the anthracite markets ; and also that iron manufacturers were demanding that the price of anthracite be reduced so that they might compete with Southern and Western foundries. But on Thursday it was announced that the Beading had notified the New York companies of its readiness to agree to the allotment plan, on the basis of 80 million tons, and at a meeting yesterday of representatives of the different companies progress towards an arrangement of that kind was reported. With regard to the stocks of the Granger roads they were unfavorably influenced by reports that the farmers in the West were generally uniting in efforts to induce the railroad comnvssioners or the legislatures of their States to force a reduction or an equalization of the tariff on grain. One of the Chicago -papers^ devoted much space early in the week to reports from various sections reciting the complaints of farmers, and editorially demanded that concessions be made by the railroads. These publications doubtless influenced Western holders of the Granger stocks to some extent and induced them to sell, while others deterred from purchasing the were for the same reason properties. Western Union was affected by the formation by the telegraph operators of a brotherhood for the pur¬ pose of resisting regulations adopted for the government of the force, more particularly with reference to extra work, and that stock sympathized with the movement in other stocks. The Eastern passenger rate war has ceased to have any direct influence upon the Vanderbilt stocks,but an attack was made upon Lake Shore, accompanied by the report that the dividend had been passed, whereas the directors have not yet met to act upon this question, though the belief is quite general that it will not be paid. Thursday always THE FINANCIAL SITUATION. [VOL. XXXIX. a strong afternoon more the changed in character, becoming Among other tilings, it was reported rumors favorable. would, on the 20th, declare quarterly dividend of 2 per cent, which the that the Lackawanna directors the usual the company claim has been fully earned; that the Illinois Central will early in January declare a officials of per cent semi-annual dividend ; that the Bock Island loan is likely to be entirely successful, and that the 4 Oregon Trans-Continental extension of its loan will ho completed in a few days—all of which influenced the market for good yesterday, and had the effect of estab¬ lishing materially higher prices on some properties. JS'cld York Luke Erie d: Yes fern securities have been quite firm, not being influenced materially by the depres¬ prevailed in the general market. There was a report that the company would soon become a coal producer as well as a coal carrier, its coal lands to be used to tins end, and great prominence is also being given to sion which lias the large reductions of salarios and general measures of December THE CHRONICLE 20, 1884.] that the new management is carrying out. It is claimed that as a result of the reduction of expenses, an increased amount of net income can confidently be counted on. We presume that this is intended to refer to the showing for coming months, rather than to the exhibit for the months recently passed, for the company has this week issued its statement of gross and net earnings for October—the first month of the current fiscal year— which does not make a favorable comparison with the figures of a year ago. There is a loss in gross earn, ings in the large sum of $4 72,000 and in net in the sum of $208,000. In addition, there is a decrease of $7,000 in the profit derived from operating the Pennsyl¬ vania & Ohio leased line—October being a favorable period on this line and therefore showing a profit to the Erie rather than a loss as in many other months of the year—and this makes the total falling oil' in net income $215,520. As a partial explanation of this large decrease, it may be said that we are comparing with an exception¬ ally good October in the previous year, and that if we compared with either 1S82 or 1S81 the showing would be much more satisfactory. To illustrate this point, we have brought together the October figures for live years. The comparison of earnings relates to the Erie proper, but the result on the leased road is appended in a line at the end economy N.Y. L. Kkie&.West. 1884. October. 1883. $ Gross earnings 1882. 1.511,108 * 1.983,407 932,49 7 1,190,314 578,001 787,123 00,240 043,329 4!», 181 027. Mg 843.308 043,329 Operating expenses... Net earnings ProHt N.Y. 1*. & O. lease Result 1881. § 1,819,010 1,175,081 1880. is 1.814.8001 $ 1,899,910 1,189,187 1,013,400 025,079 880.000 020,079' HrO.OOO : Thus (October last year returned almost as favorable a October, 1880, which was one of the very best showing as months the railroads ever and taken at-ftill rates. being large then, Compared with either 1882 or earnings this year is only about exceptionally bad period for railroad country—preceding, as it did, the Presi¬ election—and that it was a particularly bad period traffic all dential was over an the lor the trunk lines, .owing to the demoralization of rates and the intense competition for business, the Erie may be said to have done quite well. Central Pacific has attracted some attention the last few days by reason of its position in the trans-continental pool. It appears that the managers of the Western lines had perfected a schedule of rates on California business from Eastern points, and expected to have no difficulty in getting the Eastern Trunk lines to confirm it. Put on submitting the schedule they found that the trunk lines had an old score to 'settle with the Central Pacific and would not agree to the action of the Western roads unless the Central Pacific consented to pool the business from hew York, both rail and water, and accept a certain fixed percentage of the same, to be determined by arbitra¬ tion. 'Idle difficulty is that the Central Pacific has been taking a large proportion of this business, via Xew Orleans and Galveston, using steamer lines between hew York and those points and its own rail route for the remainder of the distance; and the trunk lines claim that the company has made such reductions in rates that shippers in the interior of New York and Pennsylvania have foum l it to their advantage to ship their goods to hew York by rail and thence over the Central Pacific Wer-and-rail route to San Francisco, rather than directly west over the Eastern trunk lines. The Central Pacific Would not consent to the proposition of the trunk roads, In an interview early in agreement was reached. week, Mr. Huntington stated that there was no like¬ lihood of any war, that the difficulty was simply a little friction between the roads, and this was confirmed appar¬ ently on Thursday, when a temporary arrangement was effected by which the life of the trans-continental pool, which would have expired January 1, was extended to January 31, it being understood that the new rates were to be adopted with the beginning of the year, and the Central Pacific to try to bring about an adjustment of its dispute with the trunk lines in the interval before the next meeting—January 12. Though the Central Pacific is taking away a good deal of through business from the trunk systems, the road is nev¬ ertheless still losing heavily in income as compared with other recent years. The company yesterday issued its exhibit for the month of October, and both in gross and net it is about the worst of the year, there being only one so no the other month when the decrease was heavier. ()f course, in addition to general business depression, sharp competi¬ through business produced by the opening of new lines, and the low prices for wheat—in California, the same as in the East—influences that have all along been at work, there was in ()ctober the special cause of election excite¬ ment, which retarded business very materially, as is known. Put it is not so difficult to understand earnings as it is expenses. These latter, notwithstanding a heavy decrease in earnings, actually show an increase, and the consequence is that the loss in net is even greater than in This gross. is shown in the following comparison for four years—in (>ctobcr, and the ten months ended with ()ctober. tion for . CKXTKA had—the traffic 1881, the decrease in gross $300,000, and such has been the diminution in expenses that the loss in net is no more than $05,000 on 1S82, and only $4 7,000 on 1881. AYhen we consider that the pres¬ ent October ’ 693 1. ' ltfS-l. 1W< I l'T<\ October. S Gross earnings Net earnings nsi, 1 8 ; 2,080,037 2.190.091 1,371.070 | 713,902 377' 1,139.711 1 Jav. 1 to Oct.'S 1. Gross earnings ls,000,133 20,771,323 Operating expenses 13.190.000 12.9S7.0O2 Net earnings Here Pi have loss 0,109.177 7 i i lssi. 8 !1 8 2,124.029 2,0)O7.s,07 ] (°n 333 1,315.895 99s, I*Ml 1,191,002 .21.On: 1,100 19,579.9.01 13.4n*.| 12 11,220,940 8,300.005 of $420,000 iii net as compared with October, 1883, of $285,000 as compared with 18S2, and of we $-178,000 a compared with 1881. In all these years expenses have varied but little, it will be seen, while gross earnings have very considerably declined. Of course, a reduction in expenses equal to the falling off in earnings was not expected, since rates are lower, and that naturally increases the ratio of expenses: but it was thought that some decrease instead of an increase would be shown. We have inquired for the reason for this, and are told that the large expenses are in part due to the alteration of sleeping cars and to repairs, and also to a rectification of accounts running through previous months. As regards the increase in expenses shown in the figures for the ten months, our -readers understand that the Hoods at two separate times early in the year are in great degree responsible for that. Foreign exchange has been irregular this week, and changes in the rate have been frequent. Hankers report some offers of short sterling from parties who have held it for investment, and at the same time a fair demand for long bills from bankers who are seeking it for that purpose. The mercantile inquiry is insignificant, and the supply of new commercial bills is light, being affected by smaller exports of cotton. Some bills are made against exports of refined sugar to Europe, the drawback upon this article enabling shippers to make a fair profit even at the low prices now ruling. Bankers differ in their views respecting the amount of sterling which has been absorbed for investment, some claiming that it is large as THE CHRONICLE, 694 inquiry still continues, while others assert market, giving it a firmer tone, although transactions that the and [vol. xxxix. at greatly exaggerated and that the board have been limited. The Bank of England gained £127,000 bullion the demand at present comes from bankers who are likely during the week. This to sell at a slight advance. represents £1.30,000 received from abroad If the amount absorbed is large, its sale at maturity will have an important influence and £23,000 sent to the interior. /The Bank of France lost 5,750,000 francs gold, and gained 2,075,000 francs upon the market, andThe expectation that this will be the case doubtless induces speculative sales by bankers who -silver, and the Bank of Germany, since our last report, the amount has been convinced that their judgment is correct. This will in part account for the pressure of short bills It is quite possible that the demand noticed this week. for long sterling, which was apparently quite urgent about sixty days ago and was then supposed to come in great meas¬ ure from banks and domestic bankers, came largely if not chiefly from foreign bankers having the capital for large dealings, they buying merely for a turn in the market. Unless investments in sterling of more or less permanency are have been made it is a little difficult to account for the has lost The following indicates in the principal European banks corresponding date last year. 1,300,000 marks specie. the amount of bullion this week and at the December j 18, 1884. Gold. Silver. £ £ || December 20, 1883. Gold. Silver. £ £ 1 that Bank of 20,938,520 22,09S;i4l 40,703,940 42,311,150; 38,508,130 40,157,594 England Bank of France Bank of Germany .... Total this week Total previous week .... 6,945,875 20,337,025: 7,204,250 21,612,750 68,588,335:63,118.77o! 67,810,524 61,770,344 67,935,515 62,177,677 68,709,337163,117,5291 absorption of bills which must have resulted from' the The Assay Office paid $201,052 for domestic bullion and large trade balance, to which reference was made last week. It is possible, however, that the high rates for money in $125,953 for foregn bullion during the week, and the SubLondon have caused some bankers to transfer their Treasury received the following from the Custom House. cash balances to the other side, and in pursuing this Consisting of— Duties. Date. course they may have been actuated by the fear that our u. s. Gold Silver Cer¬ Gold. Notes. tificates. Certifies. There currency might suddenly change to a silver basis. is no evidence in the market, so far as can be discovered, Dec. 12. $36,000 $10,000 $77,000 $1,000 $127,069 45 13. 45,000 43,000 6,000 84,000 177,928 92 that such transfers have been made to any extent, but it is 15. 169,000 116,000 3,000 207,000 496,277 48 a well-known fact that foreign bankers have within the 33 4,806 11 16. 121,000 14,000 84,000 116,000 47,000 17. 218,465 49 88,000 75,000 8,000 past few weeks expressed considerable anxiety respecting 18. 27,000 118,000 239,744 03 86,000 8,000 the immediate future of our currency, and answers to their Total $682,000 $540,000 $327,000 $43,000 $1,594/291 48 inquiries regarding the probable action of Congress have not been reassuring. WHAT BARS BUSINESS RECOVERY. While bankers’ balances remain nominally at 1 to H AYithout stopping to analyze the origin of the present per cent, there continues to be a good demand for time loans on stock collateral. The interior movement of money depression in business, it is sufficiently apparent to any is not large, and the ■ inquiry from the Western centres observer that we long since passed beyond first conditions is chiefly for pork packing. The following statement, made to others which are now interfering with a free recovery. Thishas happened in our history before. Thus in 1878, we up from returns collected by us, exhibits the week’s re¬ “ “ “ “ “ ceipts and shipments of gold and currency by the New had outlived and recovered from the immediate causes of panic of 1873, and every condition was ripe for the movement which began with IS79, but the fear of an unstable currency remained, preventing all enterprise—a fear which only the realization of specie payments removed or could remove. Hence, as soon as a gold basis was secured and the doubt gone, our industries, as if bewitched, suddenly shot off into the extreme of activity. That experience is suggestive now. A season of bad crops, coupled with a recoil from excessive railroad build¬ ing, started us on the present downward grade three years ago. Let any man who is interested to know the truth recall the situation then. Was it a time when overtrading the York banks. new Week Ending Dec. 19, 1884. Received by Shipped by N.T. Banks. N.T. Banks. $1,17*3,000 Currency Gold Total gold and legal tenders Il.lTD.OOO Net Interior Movement. *449.000 Gain.. *1.085,000 Loss., 42,134,000 Loss..|l,25S,0C0 $727,000 1,935,000 *$1,985,000 of this was transferred in tlieshape of silver certificates hy a deposit of gold in the Sub-Treasury. The above shows the actual of gold and the interior. currency changes in the bank holdings caused by this movement to and from In addition to that movement, the banks have gained $1,000,000 through the operations of the Sub-Treas¬ ury. Adding this to the above, we have the following Did insolvency exist in No, wo answer any department of mercantile business ? —most Clearing House banks of gold and currency for the positively no. Indebtedness of individuals and of week covered by the bank statement to be issued to¬ municipal, financial and industrial corporations, with very few exceptions but railroads, had been constantly decreas¬ day. ing during previous years. I n brief, the situation, save in Into Banks. Out of Banks Net Change in Week Ending Dec. 19, 1884. the one particular mentioned, was the opposite of that in Bank Holdings. Banks’ Interior Movement, above.. Loss. $1,258,000 $1,170,000 42,434,000 1873, when not only individuals, firms and private corpo¬ Gain. 1,000,000 Bub-Treasury operations 1.000,000 rations were loaded with debt, but nearly every town, city Total gold and legal tenders Loss. $2,176,000 | 42,434,000 1258,000 and county in the land had also put out bonds to the The action by the House of Representatives in setting extreme limit of its credit. A fair illustration of the rela¬ apart a day after the holiday recess for the consideration tive condition of individual indebtedness at the periods of the McPherson and the Dingley bills—the former of named, may be obtained from the simple fact of mortgages which enables banks to take out circulation to the par held by our New York State Life Insurance Companies, which should indicate the total loss to was apparent among merchants ? the New York security, and the latter the total on the 31st of December, 1875. being 122d mil' authorizes the Secretary of the Treasury to invest in lion dollars, on the 31st of December, 187S (the day be¬ United States bonds the fund held for the redemption of fore specie payments were adopted), being 102J million notes of banks failed, in liquidation or retiring circula¬ dollars, and on the 31st of December, 1881, only tion—has had some influence Jon the Government bond on dollars. The same thought is further enforced by value of the bonds held as December tli6 following, which includes nil insurance companies and savings December 31— Mortgages HELD BY— 1881. JJU Insurance. s York companies Others 1873. 1875. 1873. § * * 91,673,440 102,775,592 122,602,374 111,635,095 08,314,273 SO.352,211 97,043.370 78,154,704 20,705,070 20,777,798 32,700,402 29,955,187 91,401 «ll 93,392,011 122,147,084 110,753.559 374,643,890 330.498,545 doing business in New York Fire Insurance. N. Y. companies and others doing business in N. Y — Savings Hanks. New York State : Total • 272,185,030 309,297,042 speak for themselves. And yet to real¬ ize their full significance, one must remember the business activity which prevailed from 1878 to the close of 1SS1, the very small returns all good securities yielded, the diffi¬ culty insurance companies and savings banks had in mak¬ ing investments, and the eagerness with which real estate These totals mortgages were sought after by them. Remembering that, one has no trouble in understanding the drift or statement which shows, although individual mortgages fell off from 1875 to 1878 nearly 65A- million dol¬ lars, that they fell off another 37 million dollars between meaning of Of a 695 led into exaggerating the baleful railroad building by taking the present situation in Wall Street as the measure of its results. It is so easy to apply cause and effect to any two events following one another, that such a solution is readily and widely accepted. But it is by no means a fact. Our loss in railroad earnings is due chiefly to the depression in -our industries, and not to parallel roads. On the latter point take as illustration the annual figures of New York Central we published last week, showing more passengers carried than during the previous year, and but little less way freight, notwithstanding the competition of West ShoreExperience seems to prove that a road can bo built scarcely anywhere in the United States, that does not develop new business; and, besides, we are a growing country, and in three years should grow up to a very material increase of mileage.- The explanation of affairs is then that there lias been developing since January, 1882, an increasing lack of enterprise ; capital has steadily, and, if we may be permitted the expression, ruthlessly been withdrawing itself from every productive pursuit, contracting pcirijmssu the capacity to consume goods; and thus our industries, caught between this upper and nether millstone, have course influence banks doing business in this State. real Estate ^ew THE CHRONICLE. 20, 1884. J many are of excessive been crushed. That and comparatively little else is what railroad earn¬ general ings and railroad values reflect. A large tonnage is moving truth thus illustrated is broadly and distinctly stated in even now, but a carrying system guaged up to 10 per cent our annual review for the year 1S81 (see Chronicle, Janu¬ more business becomes demoralized if that fraction is ary 7, 1882, page 8), where we remark that “Among banks withdrawn. “ When the crib is low the animals kick”— and dealers in commercial paper the comments have been hence with loss of tonnage, cutting (a logical result) has been "(through the year) most favorable upon the moderate a prominent feature of the times. But even with all that "supply of notes offering, and both merchants and manu¬ the situation is not nearly as bad as it is represented. facturers are believed at the close of the year to be in a Look at the statement of defaults we published in our "'particularly sound and prosperous condition.” Supplement two months ago. The ratio not paying But we should waste time and space iu accumulating interest, was found to be only a little over 9 per cent of evidence of so obvious a fact, as the healthy condition of the total bonds outstanding, and about a third of that was general business, and the small indebtedness of the people simply old sores broken out anew. Or, putting it in and mercantile circles, when this depression first began to another form, we have built since January, 1879, about be apparent. There was, however, one direction in which, 40,000 miles of road, and have in all about 121,000 miles. as already stated, we were going too fast. In railroad Of this 121,000 there is now in default less than 16,000 extension we had been converting floating into fixed cap¬ miles, and a considerable portion of even that is made up ital with great rapidity, much of it foolishly done, being of old cases like Erie, which would never have occurred the mere paralleling of old roads. Yet, to this circum¬ if on reorganization, the company had not been overloaded stance as an influence in the present depression, too great with interest-bearing securities. importance can be easily attached. We had, to be sure, been going too fast or too far in that direction, but still PROGRESS IN UNION PACIFIC. we have seen, that as individuals, as merchants, we wTere Union, Pacific appears to be making substantial progress very little involved, our industrial machinery was in no towards a recovery of its former standing and repute. way out of gear, and floating capital, if we may judge at all from the condition of our money market, was still in There was a meeting of the board of directors on Wed¬ abundance. Besides if nothing had disturbed the natural nesday of this week, at which Mr. Adams submitted a full current, we should have had, when we wanted it, foreign cap¬ and complete report of the company’s operations for the ital flowing in here, for it always has a natural trend quarter ended September 30, showing quite gratifying We make copious extracts from the report on towards this newrer land. In fact at that period Europe results. was holding less of our securities of one kind and another page, and they will repay perusal. It is hardly necessary to say that since the accession of another than for a long time previous, due in good part to our having reduced materially the interest on our public the new management a complete change in the company’s debt, and thereby called it home. Under such circum¬ affairs has taken place. Whether the whole of the stances, had no other influence affecting confidence come improvement is to be credited to this change may be in to disturb the free movements of capital, had no fear mooted among those accustomed to drawing fine distinc* made it timid, would not enterprise, when wisely diverted tions, but is of no moment in any practical consideration from railroad building, have been simply switched oil into of the road’s condition. The main point is, that the other more promising and productive fields? A brief rest, improvement is patent and positive. It may not be then at it again, has always been the industrial experience of amiss, though, to state that not the least of the benefits this country after every time of excess, except when currency secured through the present management is the greater derangements have arrested recovery. How much more disposition shown to furnish information to stock and reason was there in 1882 for a speedy renewal of activity, bondholders, of which the present and previous reports the mercantile situation remaining sound, and the only are good evidence. We believe we do not err when we evidence of excess being in the single direction mentioned. say that in this respect the rights of security holders have the latter date and the close of 1881. " The same 696 never those THE received in so control as much now. CHRONICLE. consideration at the hands of And this will be appreciated, [VOL. XXXIX, quirement, so as to cover of Mr. Adams. all the points within the estimate for while it may not be within the power of a management prevent a decline in business, it is certainly within their power—and their province too—to keep the proprietors fully informed as to the state of business, and thus enable each according to his own best judgment to decide what disposition to make of his holdings. Mr. Adams presents, first of all, an exhibit of the opera¬ tions for the quarter ended September 30,—the first three months under his management,—which is quite interestingThe earnings and expenses are the same as those furnished in the monthly statements—that is, they give us the same result—but the important items of sinking funds, gov•ernment requirement, &c., are of course new. After allowing in full for all charges and taxes, there is a sur¬ plus of income on the quarters operations of $1,002,398, equivalent to 2-6 per cent on the company’s stock of $60,868,500. And this apparently is independent of any in¬ come from sales of Kansas Pacific lands, which has always heretofore figured in income accounts. There is a pur¬ pose in this exclusion of land income, to which we shall allude further below. But taking the surplus just as given—$1,602,398—we find that it compares with $1,472,84 0 in the corresponding period a year ago, made up on the same basis, an increase of $129,558. This in•crease is particularly gratifying that it occurs notwith¬ standing heavier charges this year and in the face of •declining gross receipts. It is therefore wholly economy in operations that has brought about the improved result. Gross earnings in the quarter fell off $532,306, but net earnings actually increased $165,139, owing to the large reduction of $697,445 in expenses. If a similar ratio of reduction can be effected in future months, the promise of the road would certainly appear to be very hopeful, even if earnings should continue to fall off, as in past months, though the company has now its Oregon Short Line in full opera¬ tion and should get considerable business in that way. If it be deemed that the reduction thus i 3 Months to far is excessive, than compatible with keep¬ ing the road in good condition and full repair, it is to be said that the present decrease occurs after an even heavier increase in the previous year, augmented expenses contem¬ poraneously with diminished receipts having been the •characteristic of that year. In other words, in the matter of expenses the road would seem merely to have been put back to the basis of 1882. As to the 2*6 per cent remain¬ ing for the stock, of course an equally favorable showing in each of the other three quarters is out of the question, and President Adams states clearly and unequivocally that the third quarter is generally the most favorable of the or more seems Interest on bonds §1,333 2*2 31,945 23,030 133,000 Discount and interest Losses securities, premiums, &c Sinking funds on Interest on of !83. bonds of other roads 93 §1,342,146~53 72 71,012 25 43 7,:U0 42 00 133,000 00 310.472 50 204,470 DO §1,7*8,735 00 Taxes j 3 Months of ’S4. ! 2S 335 29 - United States requirement | §1,*03,977 70 61,550 51 4*0,331 39 5*19,300 70 Total *2,300,371 05 1 §2,431,915 60 This shows the actual charge against net earnings for $2,431,915, an average of month, which is extremely close to Mr. the three months to have been $810,638 Adams’ per estimate of $793,000, as the estimate covers many items liable to considerable fluctuation—among the Government requirement, which is them dependent upon earnings, and then only on the subsidized lines— and an absolutely correct forecast of the charges therefore was not jiossible. Though the present statement is only up to the end of September, we have already had an exhibit of the earnings and expenses for October, one month later, and with the above analysis of the charges, we can determine how much gross earned for the stock in this additional month. The net for the month were stated at $1,484,677, more was against $1,474,013 in 1883, the improved showing being, as in previous months, the result of a very heavy reduction of expenses. Allowing for $810,638 charges against the $1,484,677 net earnings, and we have remaining a surplus of $674,000, equivalent to over 1 per cent on the stock of the company. Hence in the four months to the end of October, constituting, however, the best period of the year, the road earned nearly 3f per cent on its stock. This allows for nothing as “ income from investments outside of the system” during October, and land sales are not at all included. AVith regard to the income from without the system, only $47,002 was contributed from this source during the three months embraced in the report, while in the twelve months ended last June the amount had been much $619,617. ()n the latter basis, the amount for should have been about $154,000. instead of actually realized. As, however, in the corres¬ ponding quarter of the previous year the amount also was small—$70,260—we assume that in succeeding quar¬ as as the quarter the $47,000 ters the result will be favorable. The company in given quarter probably includes only the amount actu¬ ally received in that quarter, and no doubt much more is received in one period than another. Next to the company's current income, most interest attaches to the statements of funded and floating debt. The report compares the liabilities on September 30 with those on June 30, and notes tlie changes between the two year. periods. The floating debt is given particular attention, With the figures of interest and other ‘charges for this and an exhibit is presented showing that between those period before us, we are able to test Mr. Adams’ estimate, dates the gross total of that debt had fallen from S13,made when submitting the statement for the first six 1 10.020 to $11,240,815 and the net total from $6,900,177 months—in September last—that tin* charges to earn¬ against $5,137,009. Thus there lias been a reduction of about ings would be about $793,000 per month. It is neces¬ $1,800,000 in the three months, and the report states that sary to cite Mr. Adams’ own language to show just what the same rate of reduction—$600,000 per month—was items he meant to include in his estimate. 11 is words are: continued through October and November. • From the The fixed charges of the ITiion Pacific system, including figures of earnings which we have given above for October, an estimated allowance for taxes and payments to the showing a surplus of $674,000 above all charges for the United States under the provisions of the ‘Thurman month, it is easy to believe that the reduction in that and “act,' amount to $793,000 per month.” Note that both the succeeding month, has been as stated. But as to the taxes and the Government requirement are included. In change in the preceding three months it is only fair to say the three months under review the company reports that the decrease of $1,800,000 is figured out independ¬ ■charges of $1,863,977, against $1,738,735 in the same ently of certain items which perhaps should be taken period of 1S83, and we give below the items composing into the account. In the first place, interest accrued is rtliese sums—adding at the end taxes and Government re- not included in the exhibit, only interest due or unpaid 1• “ “ any more December 20, 697 THE CHRONICLE. 1884.] British Crown—has been High Commissioner in Syria, in being allowed for. As is well known, interest keeps ac¬ circumstances ; lender Secretary of State of India a critical cruing from one coupon period to another, when it becomes due. If in the various stages of increase^ between the Governor General of Canada; ambassador successively periods no allowance is made for the itemv the whole to the courts of St. Petersburg and Constantinople; and in instance he has conducted himself in such a manner demand liability when as to win the good opinion of his own people and of those coupon day comes around, and causes extreme fluctuations^ Now he goes to India, where in the floating debt, which are often misleading and seldom to whom lie was accredited. understood. The only correct basis of comparison is to he will temporarily occupy a position which for power is include the full amount of interest, accrued as well as due, equal to, and for splendor surpasses, that of any potentate in both periods. Wb do not wish to be understood that in Europe. It was not our purpose, however, to enlarge upon the this item of accrued interest does not appear in the com¬ merits or upon the career of the new Governor General, pany’s balance sheet, for it docs ; our criticism relates to the statement of floating debt, made to exhibit a decrease of but rather to direct attention to the office in connec $1,800,000 in the three months, in which that item is wholly tion with the system to which it belongs. It is safe excluded. To include it,, however, materially changes the enough to say that no such subordinate position has result.. On the first of July, when the coupons on the 1st ever been in the gift of any monarch or of any State as •mortgage bonds had just matured, the amount of accrued that which is involved in the Governor-Generalship of Its history, its wealth, its extent of territory, its interest was of coursemuch smaller than it is now:—it was India, altogether on the different classes of bonds $707.7 JO, while population, its probable future in connection with the on September JO it was $1,287,010. or $100,180 more. resurrection of Asia—all combine to give impoitance to Hence in this amount the decrease in the floating debt would the Empire of India. Over this empire, for the time be¬ be less than stated. Then the stock of fuel, materials, &c.. ing, the Viceroy is the visible and responsible head—the lias diminished from $2. 182,2 l t to $2.071,108, or $ 107.- unquestioned chief. But this, though the greatest, is not the 77G. We do not consider materials in any sense an offset only gift of the kind under the British Grown. The to floating debt, as a stock of the same is essential to the Governor-Generalship of Canada is a position! of similar Then there are nu¬ operation of a road, and we are glad the company does though not of equal dignity. merous minor not treat them as such. positions of a pro-consular character Nevertheless, when this stock is in almost all drawn down, allowance must be made for the change. parts of the world—in the West amount looms up suddenly An evidence of the izes the new as everv a conservative spirit management subject of Kansas Pacific is seen land in its sales. that character¬ Indies, the distant treatment, of Those sales have in South Africa and in Australasia. At no day, if we are to follow the teaching of facts, con¬ federation will have converted the divided colonics in those the company's income Southeastern regions into an empire which, if it should account, and been treated as a proper offset to interest on still be second to India, will contest the palm with the It is not easy to over-estimate the the bonds secured by the lands. In this way, too, the com¬ Dominion of Canada, pany's current profits were swelled. The modus operand advantages which such a state of things maintains for the use and service of the British people. was for the trustees of the consolidated Kansas Pacific bonds These pro-consular to pav over to the company the proceeds of the land sales, positions are felt to he a gain not mainly because they and the company would then apply the money to interest provide suitable employment for many, but because they as it matured. It appears that such use of the proceeds are schools of experience in the art of governing, and was permitted by the terms of the mortgage, but the wis¬ prizes which tempt, because they are worthy rewards of, dom and.expediency of the policy have seemed at least faithful services and honorable ambition. Such an exceptional state of things recalls the period in questionable. At first, the amount received from this the history of the world when Home had her provinces; source was small and did not attract much attention, but lat¬ terly the land sales have been very heavy, and in the twelve and it was one of the ambitions of her great generals and months ended last June the Union Pacific received no less of her great statesmen to be sent as Proconsul to Gaul or than $701.700 from the trustees of the Kansas Pacific mort¬ Spain or Sicily, or to some of the rich provinces of the In later times Spain had her viceregal positions here gage. We referred above to the fact that Air. Adams seems East. to have omitted the item altogether in the statement of in America, which were showy and lucrative enough. the quarter's income, and designedly no doubt, lie now But since the days of Marius and Sulla, of Fompey and recommends that the proceeds of these land sales be here¬ faesar. there have been no such positions as those which after reserved exclusively for the formation of a sinking are now in the gift of the British Crown. It is not much fuid with which to retire the bonds at maturity, and sug¬ to be wondered if this particular pre-eminence on' the gests that a binding agreement to that effect be made; for part of Great Britain should have the effect of begetting that purpose he has. caused to be prepared a draft of a feelings of emulation on the part of her European neigh¬ contract of that kind and submits it to the board of bors—-especially on the part of France and Germany directors for action. We should think such a step not only They have no such means of rewarding merit as Great "We are not forgetful of Algeria and of very i roper in itself, but calculated to‘ inspire increased Britain has. Cochin-China; but what are these, when compared with confidence in the company's integrity and good faith. India or Canada, or even with the AusJ^alian colonies? And Germany has neither an Algeria nor a Cochin-Ghitta. THE NEW VICEROY OF IFElA. Lord Dufferin, now on his way to take charge of It is not at all impossible that this feeling may have much what has often, in a political sense, been called the bright¬ to do with the present prevailing sentiment in both France est jewel in the British Crown, has run. so far, a career of and Germany in favor of colonial expansion. • exceptional brilliancy—such a career as directs attention —Attention is called to the notice of Mr. John B. Manning, to the man himself, and also to the political institutions of offering to purchase Tennessee settlement coupons, payable the people among whom such a career is possible. Of the Jan. 1 in Nashville. —The Ontario Silver Mining Co. of Utah announces its ability and personal worth of the man there can be no two regular monthly dividend lor November of $7o,0U0, payable opinions. He is yet comparatively young, lie has filled’ at the office in San Francisco, or at the transfer agency in New however, some of the most important positions under the Y ork. heretofore figured regularly in . • ~ i r, 698 THE CHRONICLE. iPkrnetanji ©ommjcrctal "gutflisU Hews RATES OF EXCHANGE AT LONDON AND ON LONDON AT LATEST DATES. EXCHANGE AT LONDON-Dec. On— Time. Amsterdam. Short. Amsterdam. 3 mos. Hamburg.. »• Berlin ii Frankfort... ii Vienna <1 Trieste a Antwerp. ii 12 2*2 @12-3% 12-43* @12-5% a .... Shanghai.... “ days m ~ Is Is. JOec. 7%ftd. 7%ftd. 48%@49 Deo. Dec. Rate. Short. 1215 regarding the position of American railways and supplying it to their clients. The trustees are Earl Cairns, the Earl of Onslow, and Richard B. Martin, Esq., M. P, The following are the present prices for money. • • • 20-4612 Oct. 31 20-50 12-32 Nov. 5 Short. 25-34 “ “ “ .... Dec. Dec. 5 3 5 Dec. Dec. Dec. Dec. 5 3 mos. 44 5 5 cables. . ;Dec. 20-50 - • 44 5 44 5 44 5 5 4 • mos. mos. 4* 2532%$ Four 7| 14 4 5 5 21: 5 28| Dec. 5 5, 5 own Six - Disc’ t B'te Joint | Four I Six ^Months Months 3—,'4 @ — 4%@ — Three At Stock Banks. Call. 4 @ 3%@ 4%i@4% 4>6nom 3%nom 4%@414 4^3 - 4 4%nom 4 nom 4\4%4% — 4%® — 3 >sO - 3%@ - 3%% - 3m -q3m - 3%@ 4%jnom 8%nom 4^@ — 4 nom|4^nom 4%® 3m3% 4^3 - 4 @4>f - - 7 to 14 Days. 3 2X 3 3^ 3H 3\ 3H 3% 3X -3 3?H 3% 4 -4 X 3% 3H-3X 3J4 3H-3H 3)4 3H-3H ••••>• 25*35 47*40 93^8 The following return shows the position of the Bank of England, the Bank rate of discount, the price of consols and other items, compared with previous years: 110 uo 1884. 1883. 1882. l8.7%6 2 :,32<L & £. & 24,735.820 85,201,120 25,666,660 5,791,423 23,368,91 L 7,142,281 22,225,1-4 4,523,917 22.438,100 13.412,619 22.3il.234 15,193,798 19,480,025 11,381,002 22,472.411 10,962,610 IS. 711 4*o5% 3s. 7%<1. 4s. 1138a, Circulation Public deposits Other deposits Governm’t securities. Other securities 1 From our tor deposits by Trade Bills. Months Months Months Months • 5 Checks [Dec. Bank Bills. Three 5 3 mos. 5 Short. *4 5 44 5 .... Interest allowed Open market rates. I London Dec. 4lec. m .... 5 Time. • ©20*71 '2)20-71 .... m • Dec. . Constaut’plc dem’nd Bombay Hong Kong. • 12-46%-§>12*48% L‘2-46%'2) 12-48%' 23-56%@23-6i% Dec. 249iR@2lHifi ... Calcutta New York... 60 Dec. © 20-70 St. Petersb'g Pari 8 clieq’s 25-30 ©25-35 Paris 3 mos 25*48%© 25*55% 4* Genoa 25"65 @25*70 ii Madrid 46aifl'@465ifi ii Cadiz 4631(i@46%q ii Lisbon 51 3>5178 Alexandria formation EXCHANGE ON LONDON Latest Date. Rate. 20-66 2067 20-67 . 5. [Vol. XXXIX correspondent.] London, Saturday, Dec. G, 1884. 1881. St 25.445,380 4,905,614 22.835,804 13 213,961 21.315,031 Res’ve of notes & coin 11,193,700 12,497,085 11,089,657 Coin and bullion in hoth departments.. 20,179,520 21,948,205 20,879,270 20,785,037 Proport’n of reservo to liabilities 33*3 42% 40% 39% Bank rate 5 p. c. 3 p. c. 5 p. c. 5 p. c. Consols 99%x. d. 100%x. d. 1007bx. d. 9938X.4. Exceptiug one unimportant failure in the Greek trade, noth¬ ing of any very great importance has transpired in this coun¬ Eng. wheat, av. price 30*. 5d. 40s. 2d. 40s. Hd. 44s. lid. try, either in commercial or financial circles. The Bank of Mid. Upland cotton.. 5i«q<d. 6d. 6d. 6%I. England rate of discount remains at 5 per cent ; but the firm¬ No. 40 mule twist 95gd. 9%d. lOd. lOSgd. Clearing-House ret’n. 125,365,000 136,331,000 145,329,000 119,755,0U0 ness of the outside money market noticeable towards the close The Bank rate of discount and open market rates at the of last week has given place to a decidedly easier feeling. The chief Continental cities now and for the previous three weeks cause of this is that there is a great scarcity of bills ; and it is also admitted that 5 per cent is now exercising greater power have been as follows: in attracting gold to the London money market. Several par¬ December 4. November 27. November 20. November 13. cels have lately been received from the Continent, more es¬ Rates of Interest at Bank Bank Bank Bank Open Open Open Open pecially from Vienna, and there is now some prospect that the Rate. Market Rate. Market Rate. Market Rate. Market position of the Bank of England will be strengthened to a moderate ex-tent before the demands incidental to the close of the year have to be met. It is impossible, however, that the situation can be strengthened to any great degree, but there is reason for believing that the official rate will not be changed from 5 per cent. This rate is not a burdensome one, though it is sufficiently high when it is borne in mind that trade at the present time is not at all remunerative. Five per cent on this occasion is not an 3 2M 3 2H 3 Berlin.. 4 3}4 4 3% 4 Frankfort 4 3 4 Hamburg 4 4 Amsterdam 3 Brussels 4 Madrid 4^ 311 2H 3>a 414 3% 3M 2H 3% 4*4 Vienna 4 4 4 4 St. Petersburg.. 6 6 6 Copenhagen.... 5 5 5 Paris . 3 4 3 4^ 2H 314 314 3H 2H 3% 4X 4H 4 4 6 6 6 5 5 5 4 4 3 4 4 4 4 3 3 4 4 3X 4% W 6 6 4 5 - indication of prosperity, and is The state of the bullion market during the past week is favorable feature. It lias, as thus described by Messrs. Pixley & Abell : stated, however, had the effect of checking the outflow of Gold.—There has been no demand for gold for any quarter since our gold, except for war purposes, and of attracting a small quan¬ last, and all arrivals have been taken to the Bank, the amount so dis tity from the Continent. It cannot be regarded that any very posed of being £218,000, which includes £109,600 (sovereigns) from Vienna. The Tamar has brought £17,430 from the River Plate. substantial results have been obtained, and they cannot at the (Silver.—The market has been very steady duriug the week, and there have been no variations iu price, the arrivals mentioned below having present time be expected. The New Year will, in consequence, all been placed at 4978d. per oz. The amounts to band comprise £60,000 be started with the value of money at a comparatively high from the Brazils, £45,000 from New York, £5,609 from Australia; total, £110,600. 1 he D011 takes £29,300 to the West Indies, and the P. & 0. point, and under no very encouraging conditions. It is never¬ steamers £97,600 to the East. Mexican dollars remain at 49%fid., with but few arrival*, and the theless mentioned that the worst must, by the present time, market is quiet. The P. & O. steamer has taken £11,150 to China. The have done its worst, and that an improved condition of things total to hand is £33,000. should be near at hand. It is to be hoped so, for the crisis has The quotations for bullion are reported as follows: been a long and tedious one, reaching over several years. Price of Oold. D c. 4. Nov. 2 7. Dec. 4. ‘No v. 27. Price of Silver. Tenders have been received at the Bank of England this d. 8. d. s. d. d. week for £1,645,000 Treasury bills to replace those about to Bar g »ld, tine., oz. 77 9 77 9 49Ji Bar silver. flne..oz. 40J-6 mature. Nearly the whole was allotted in three months’ bills Bar gold, container. Bar silver,contain¬ at £99 Os. 4d., being a discount rate of about £3 17s. 4*78d. 20 dwts. silver.oz. 77 10^ 77 10% oOH ing 5 grs. gold..oz. 5014 WA Cake silver. ...oz. 53^ The failure alluded to is that of Messrs. D. Nicolopulo & Span, doubloons.oz. m S. Am. doubloons, oz Mexican dols...oz. 49 1-16 Sons. The firm has only recently been established in London, After a protracted period of dulness, the wheat trade just viz,, 1882, but has carried on a considerable business in Marseilles for over 40 years. now shows signs of improvement. The price lias risen 6d. to The liabilities are estimated at £80,000 to £100,000. The suspension will involve the Braila Is. per quarter, and it now seems to be necQssary that larger house of Messrs. J. D. Nicolopulo & Co., established in 1878. supplies of produce must be attracted, by offering higherquoThe report of the Nevada Land & Cattle Company for the tations. Our importations, this season, have fallen away con¬ year ended Sept. 30 shows a net profit of nine per cent per siderably compared with last season, viz., to the extent of annum. 4,000,000 cwt., and it is estimated that the quantity of wheat The Chicago Milwaukee & St. Paul Railroad Company and flour available for consumption during the past thirteen through Messrs. Blake Bros. & Co., offer for subscription weeks (not including Baltic supplies) has been about 29,500,000 $3,000,000 terminal mortgage five per cent gold bonds at the cwt., against 34,110,347 cwt. in the corresponding period of last season. Baltic and Black Sea ports are now* closed to price of £95 per cent. The bonds are of $1,000 each. The Ontario and Quebec Railway Company (Dominion of navigation, and if the Continent continues to buy "wheat in Canada) announce an issue of £1,970,547 perpetual five per the United States as freely as it has done since last August, cent debenture stock, being a first charge upon the railway. a firm wheat trade maybe expected during the winter months The price is £92 10s. per £100 bond. Messrs. Morton, Rose & as well as some recovery from the present deplorably low Co. are the agents for the loan. range of values. The early part of this week was very win¬ A company—entitled the English Association of American try and cold, and snow fell somewhat heavily in most parts Bond and Shareholders, limited—with a capital of £250,000in of the country. We have since had some heavy gales, £10 shares, has been started with the object of obtaining in- but there is no severe frost. Agricultural work, as far as seed- not, therefore, regarded as a <■ ' 2H 3K 3X 3^ ... ........ ingis concerned, is now completed, and the state of the weather throughout has been very satisfactory. Annexed is a return showing the extent of the imports of cereal produce into the United Kingdom during the first thirteen weeks of the season, the sales and average price of home¬ thirteen weeks of wheat and other items for the first season, compared with last year: grown the IMPOSTS. ..... Oats ..... 600,420 Peas Beans 928,359 4,534,400 3,856,479 Indian corn Flour 3.271—The Supplies of wheat and Hour available stocks Sept. 1 not being included: produce: 589,576 367,588 350,112 446,316 7,682,935 2,664,488 3,104,838 3,731,502 35,597,027 30,790,978 34,110,347 41s. lid. 43s. 4d. 32,309,000 20,200,000 20,600,000 42s. Id. wheat for season.qrs. 32s. 5d. Visible supply of wheat in the U. S bush.33,175,000 return showing the extent a together with the average prices realized, compared with the corresponding period of last season : 1884. 1883. 1882. 396,167 639.SS 5 717.394 1981. 623,371 530.941 64,139 78,186 1,262,482 1,391,66 4 Barley 29.910 Oats 32 32 19 Barley Oats 1 3 19 10 42 32 5 0 3 Converting quarters of wheat into cwts., the whole kingdom are estimated as follows: Wheat 1884. cwt. 12,986.793 48 34 21 1882. 1881. 12,695,697 12.044,700 10.305,100 Mon. 49*2 d. 49*2 99*2 99^ Consols for money 99*4 993* Consols for acoount Fr*oh rentes (in Paris) fr 79-12*2 79-17*2 1 167b 116% U.6. 4%s of 1891 125 78 126 U. 8. 4s of 1907 46 46*8 Canadian Pacific 76*4 Chio. Mil. <fe 8t. Paul.... 76 147h Erie, common stock.... 14^ 12134 1213* Illinois Central 53*8 53*8 Pennsylvania 11% Philadelphia <fe Reading 11% 90*4 S93i New York Central Silver, per oz Sat. s. Flour (ex. State). 100 lb. 10 Wheat, No. 1, wh. Spring, No. 2, n. “ Winter, South, u Winter, West., n “ Cal., No. 1 Cal., No. 2 Corn, mix., old... “ Corn, mix., new.. “ 6 9 6 7 “ “ “ “ Pork,West.mess..$ bbl Bacon, long dear Beef, pr. mess, new,$ tc Lard, prime West. $ cwt Cheese, Am. choice 6 5 5 63 34 82 36 62 d. 9 9 8 9 if on. *. 10 6 9 6 7 0 6 9 6*2 5 5 *2 5 64 0 33 0 82 0 35 0 62 0 National Banks.—The d. 9 9^% 78"4«*2 78 30 53*4 11% I 89*8 0 9 0 78*8 15*4 123*4 53*4 IK'S 8934 Wed. Tues. s. 10 6 0 124»*8 45% 77*2 15*4 12134 9 0 9 0 117 117 126 6 9 6*2 49*2 9930 49*2 99^8 99*4 9 8 0*o Wed. Tues. 7 6 5 5 62 33 32 35 62 d. 9 9 8 .9 0 9 6 7 0 0 0 9 0 s. 10 6 9 6 7 6 5 5 61 33 82 36 62 d. 9 9 8 9 0 9 7 6 0 0 0 0 0 reported Thurs. Fri. 49*2 49i»lfl 9!>716 H91116 9.) 38 99% 78-40 117 126 4 5 7s 78-35 $8,783,770 $8,133,942 Total 50 weeks. $366,041,747 $333,544,607 $342,688,842 $315,262,080 The following table shows the at the port of New York for since January 1, 1884, and for 76*8 77*4 EXPORTS AND IMPORTS OF SPECIE AT 53 113s 53 *8 11 % 88% 883* 6 9 6 7 6 5 5 60 33 9 8 9 0 82 0 36 0 0 62 8. 10 6 9 6 7 6 9 7 6 0 0 175,244 19,686 262,536 1,680 9,516 4,352,824 1,660,420 1,563 West Indies 3,S»9,577 7,800 868,105 $468,662 $22,664,057 289,794 415,889 683.879 5 5 60 32 82 3(5 ; 4,252 G2 61,520 298,000 10% 60,445 Of the above imports for the week in American gold coin and $19,452 American exports during the same 32,638 $3,418,330 5,781,066 144.280 3,069,705 $68,532 $221,728 $13,545,200 46,455 14,381,616 Total 1884 Total 1883 Total 1882 1884, $147,853 were silver coin. Of the time, $17,000 were American gold coin. U. S. Sub-Treasury.—The following table shows the and payments at the Sub-Treasury in as balances in the same, for each day of the past week : this city, Cashier. National Bank of Boone, Iowa, Capital, $>0,000. Samuel L. Moore,.President; James Ilazlett, Cashier. Imports and Exports for the Week.—The imports of last week, show merchandise, $8,133,942, against $6,603,640 the pre¬ ceding week and $7,271,795 two weeks previous. The exports The total imports were $7,845,104, against $9,456,220 last week and $5,273,368 two weeks previous. The following are the imports at New York for the week ending (for dry goods) Dec. 11 and for the week ending (for general merchandise) Dec. 12; also totals since the beginning of the receipts well as the Balances. Payments. Receipts. Coin. $ $ $ * 1.861,23.1 76 694.919 65 l,295,0-»0 62 1,662,232 79 7,892.856 51 Includes $153,900 gold Shares. certificates taken out of cash. sold at the by Messrs. Bonds. ’ 29 City Bank of New York..250 109 Fuiton Bunk. N. Y 114 24 Bank of Manhattan Co..14614 25 Utica Chenango <fc Currency. 1,373,754 01 125,782,359 11 12,449.765 97 *1.303.379 78 I25,flu2,053 9i> 12,928.378 59 2.255,714 89 124.613.047 44 13,522,903 92 1,171.448 14 123.973.813 IK 13,685,609 69 1,011,200 20 124,119,699 89 13,823,5 L3 40 777,359 46 124,607,129 78 14,220,966 84 Anction Sales.—The following, seldom or never Stock Exchange, were sold at auction this week Adrian IT. Muller & Son: 0 0 1,964,861 269,447 83,992 All other countries... 9 0 1,069,589 20,130 48,402 6 *,337 211,117 76,613 7,696 8,499,425 12 6 0 $2,480 843 46.590 Total... 6*2 5*2 4,084,110 168,745 German / West Indies Mexico South America d. 9 8 9 0 9 14,626,850 $ $195,900 $12,032,972 902,430 13,880 France 21,857 $2 1,563 $38,052,188 33,837,454 Si leer. Great Britain 6.090,423 5,320,741 786,092 13,186 Total 1883 Total 1882 $7,113,967 3,739,692 347,191 30,186 14,000 3,000 South America All other countries... 1,384.352 01 1,601.686 21 Augusta National Bank, Augusta, Me. Capital, $100,000. Unite Glazier, Ca-hier. Mercantile National Bunk of Cleveland, Ohio. Capital, $1,000,00. Truman P. Handy, President; CharlesL. Mu: fey, for the week ended Dec. 16 amounted to $ $6,000 $26,487,370 Great Britain France Since Jan.l. Week. Since Jan.l. Week. Dec. 13. “ 15. “ 16. “ 17. “ 18. “ 19. Fri. Thurs. d. 9 Imports. Exports. $ 122% 8. NEW YORK. Gold. 15 14% 122*4 10 exports and imports of specie the week ending Dec. 13, and the corresponding periods in 1883 and 1882: Dale. 46 $7,845,104 307,416,976 $7,384,122 335,304,720 $7,840,102 325,704,505 $10,176,412 355,865,335 126. following national banks have lately week, compared with those of the preceding an increase in both dry goods and general 1884. 1883. 1882. 116*2 Sam’1 Titcomb, Pi evident; S. $11,825,539 $421,534,830 $480,352,874 $143,112,114 $106,270,198 For the week... Prev. reported.. London been organized: tot week in January: $8,179,504 EXPORTS FROM NEW YORK FOR THE WEEK. Cable. daily closing quotations for securities, &c., at and for breadstuffs and provisions at Liverpool, are by cable as follows for the week ending Dec. 19 : Liverpool. 4 9 1 the total sales in The Sat. $1,703,676 6,430,266 Tetal 1884 1883. English Market Reports—Per London. 6,665,697 our report of the dry goods trade will be found the im¬ ports of dry goods for one week later. The following is a statement of the exports (exclusive of specie) from the port of New York to foreign ports for the week ending Dec. 16, 1884, and from January 1 to date: 1381. s. d. 1832. s. d. 41 11 34 11 20 9 1833. d. s. 1834. s. d. per qr. $2,118,073 In -* AVERAGE TRICES. Wheat $2,530,400 9,295,139 Germany SALES. 916,715 $1,633,546 6,195,958 $107,084,749 $127,369,351 $118,107,206 $109,712,738 Dry goods GenTiner’dise.. 314,500,081 352,983,523 325,004,908 296,557,440 of the sales of home¬ season, qrs. Total Since Jan. 1. the 187 principal markets first thirteen weeks of the grown wheat, barley and oats in of England and Wales during the Wheat GanTmer’dise.. 1881. 12,986,793 12.695,697 12,014,700 10,805,100 29,489,089 Total Dry goods 1884. 1883. 1882. - 1881. 1882. 1883. Av’ge price of English Annexed is 3,551,298 17.139,390 3.859,468 2,956,405 cwt.13.645,817 17.754,645 19,820,825 17,139,390 3,856,479 3,660,095 3,731,502 2,846,188 Imports of flour Bales of home-grown 1881. For Week. for consumption iu thirteen weeks, 1884. Imports of wheat, 19,820,825 4,456,786 17,754,645 6.268.775 3.423.775 346,831 697,470 7,427,803 3,660,005 13,645,817 5,880,676 3,244,105 cwt. Wheat Barley FOREIGN IMPORTS AT NEW YORK. Total 50 weeks. 1881. 1882. 1883. 1984. 699 CHRONICLE, THE 1884.] December 20, $ 1,000 Province’of Quebec 5s, gold, due 1908 1013* $3,000 Rhode Island 6s,coup., due 1891 Susq. 1231a $3,000 Harlem River & Port Valley RR. Co 108 Chester RR. Co. 6s, reg., due 100 Hamilton Fire Ins. Co... I '■ l1** 1903 127 13 Jefferson Fire Ins. Co 123 $5,009 Connecticut 5s, coup., 20 Globe Fire Tns. Co 111 pavable after 1887 105*4 10 Mercantile Firo Ins. Co.. 63 $7,009 N. Y. City Additional 35 Knickeibkr. Fire Ins. Co. SO New Croton Aqueduct (D, J 0 Sterling Fire In*. Co 55 reg., duo 1900 120*2<fcinfc. 21 Dos Moines & Ft. Dodge Railroad, pref 53s $5,000 Newark City, N. J., Clinton Hill Improvement 25 Dos Moines & Ft. Dodgo 7s, reg., due 1-95 112*g&int. 2*8 Railroad, common 50 St. Jo.A 8t. Louis RR.Co. 14*4 $5,000 New Jersey 6s Loan, due, 1887 107*2 1 2 Warren RR. Co 11J *4 10 Lake Shore Trallic Co 100% $2,000 Brooklyn LVy Public Park Loan 6s, due 192 4 32 Pennsylvania Coal Co.. .230 133% & iut. National Bank 100 Irving 10 Ameiicau Exchange 13 Merchants’ Ins Co 309 Second Av. RR. Co 25 Do Do .. .1 <8 Bk.119 1»'0 131 % 1-3 6 Union Ferry Co 116 100 Long Island Loan A Trust Co., 60 per cent pa id... 104 21 N. J. Zinc and Iron Co... 71 % 10 Guardian Fire Ins. Co 67% 1 2 Municipal Gas Lt. Co 210 $5,000 City of New York A« cumulated Debt 7s,reg., due Nov. 1. 1888 113*4&int. $3,000 City of New York Improvement7s, reg., due Nov. 1, 1892 122%&Int. 39% $3*.)0 Jrfferson Ins. Scrip $6,000 Broadway & Seventh Av. Railroad Co. 5s, due 1 190t 104 $24,000 Equality Coal Co. 1st Metropolit.au Gas Lt. Co..235 mi?, bds 5 6% 100 South Carolina RR. Co.. $20,000 South Carolina RR. 80 Am. Speaking Tel. Co 185 353s Co. Incomes 400 Wisconsin Cent. RR K'% for $210 1 Certllicuta for 14 shares Com. Bai k of MaL cheater, Miss 700 THE CHRONICLE. York at the under-mentioned eities to-dav £hc jgtaukers' Gazette. f. I V I K N II U S. The following dividends have recently been announced : Per Cent. Name of Company. Railroads. Boston Revere Reach Sc Lynn.. New York New Ilaven Sc Hartf. Northern Central Richmond Sc Petersmirir 8t. Paul Minn. Si Man. (guar.) Banks. Bank of America National Rank of Commerce 3 YORK, December 19. 15, Jail. 1 to li 20 to Jan. 2 Dec. 121.. Jail. 2;Dec. 25 to Jan. 4 Jan. same* of course depression in price’s lack of animation in business, it is considered remarkable disastrous failures do There is not occur. Amsterdam (guilders) Frankfort or Bremen (reichmarks) 2 FRIDAY, DEC. 19, 1SS4-5 P. W. commercial affairs, and with tin* continued more evidently Coins.—The following* coins: Sovereigns... $4 8t Napoleons 3 85 X X Reichmarks. 4 74 X Guilders 3 S >an’li Doubloons. 15 .MAx. Doubloons., 15 1 F tie silver bars Fine gold liars Dim is &. M (limes. .. much strength and vitality among merchants and manufact¬ urers, or they never could have weathered the storm which we have already been through. At the Stock Exchange there has been much weakness, pre¬ cipitated largely by the break in Lackawanna and other coal stocks; but as the companies have made an agreement for 1885, oil the allotment plan, they have probably done the best thing they could under the cireunistanees, even if a moderate decline in anthracite sliould yet become inevitable. This combination removes one great element of uncertainty from the market. The possibility of ‘••ranker legislation in Iowa and other States is thine- of the a future and need not be discussed at present: but as the railroad olliccrs appeal* to bi* williiii»* to re¬ duce prices on wheat and corn to tin* lowest (inures which will give the roads even a moderate profit, it is trusted that th<* 'Western legislatures will act with fairness and a due regard — are 5 S5kT 2178 40 q 94*2 95i8 quotations in gold for various 3>$4 87 Sliver Ms and Ms. ® ® ® Five francs Mexican dollars.. i 3 88 j 4 78 , 9G 4 00 55 ®15 70 I i ®15 05 07:!s^ 1 OH4 par il R prein-; 99 3i it> par j 4 Do imconnwerc’l. Peruvian soles 99*4® — — 92 ® 83*4® — *4 — 77 — par. — — 94 85 — — 'w — 80 4 78 it U. 8. trade dollars— sG a IJ. 8. silver dollars — 99^^ — English silver United Stales Bonds.—Tlie transactions in 4 84 88 par. Government bonds have not been aetiveand the market is devoid of feature; prices have fluctuated but little and close slightly lower than the prices ruling* a week ago. The closing prices at the X. Y. Board have been as follows: Inter csU De\ Periods, j 13. Dec. 1G. Dee. 15. 4M«, 1891 4Ms, 1891 4s, 1907 : D,e. • 4 ( ; Dec. 18. : Dec. ; 19. reg. q.-Mar.pl 13M *113Jy 1 i:;-\ l 13", 113'e *1 133* •.coup. v'i.-Mar.plls g M3-*v 1 la-A *1 13W *113 A, HI 3% reg. gJ.-Jan. I 122*. 122 \ 1 2 r,l '122 122k; 122 A ‘ *s 12 Ws *12 3 k. 48,1907 coup. Q.-Jati. *12:.~s I23M. 123 kj Id! : 1 3s, option U. 8 i 0 1 1-3 i 1., reg. Q.-Feb. A 101 kj lot loi 0s, eui’’e> ,’95 *123 reg V. Sc J *120 ,*1.24 , l*2G H2G *126 '1 28 G2S Gs,cur’ey,’96—rog.L «& J. *I28 ui*-8 *128 *1*28 I 30 130 03,our'ey, ’97 *130 ; *130 reg. J. A J.'129 ;*130 *13’ *1.11 Gs,our'oy,’98 reg. J. A J.|*13u 7131 *131 ,*131 Gs,our’ey. ’99.. .reg. J. A J. 1 131 133 133 *133 *133 *133 ' *. - • * * This is the price bid at the morning board; no sole was made. State and Railroad Bonds.—The dealings in State bonds vested interests. One of the wo’st things that progressive State can do is to frighten a wav all capitalists from her borders, by giving them notice that any money invested there will be liable to confiscation bv act of were the legislature. and the dealings, except for a few s'peeuial i\.• ela-x-s. have been without animation. "The course of prices lias been irregu¬ a to and live 1 biles for call loans during* the week stock and bond col¬ on laterals have I 4 u l 4 7934 4 79 q 5 2438 40 Pari3(franc8) 'Jan. general characteristics heretofore noted still mark the that Sixty Days Demand. Prime bankers’sterling bills on London Prime commercial Documentary commercial The Money Market and Financial Situation.—Tin* and , 1 Dee. 21 to Jan. Jan. Feb. Miscellaneous. Brooklyn Trust Co NEW llioks Closed. (Days inclusive.) Jan. 2T> lAo .. Wh*n Payable. Savannah, buvino* : discount, selling ^ discount @ par; Charleston, buying* 3-lft premium, selling par 1-10 premium ; Boston, 30(5,33 pre¬ mium ; Xew Orleans, commercial, 50(5.75 discount ; bank, 100 premium ; St. Louis, 05 premium ; Chicago, 25 discount. The posted rates of leading bankers are as follows : i; •, 16 rV0L. XXXIX. ranged at 1 (g1 A per cent and to-day at the same figures. Prime commercial paper is quoted at 4A<>/;A per cent. The Hank of England weekly statement on Thursday showed a gain in specie of .£227.000, and the percentage of reserve to liabilities was 40V, against -11 :»-10 last week ; the discount rate remains at 5 per cent. The Hank of France lost 5,750.000 francs in gold and •rained 2,075.000 francs in silver. The Aew York 'Dec. IT showed a Clearing decrease surplus bein'** $42,252,500, against $42,207, 150 the "previous ' billowing table sh week and averaires a >ws two preceding previous years in the of the New York Clearing ilou>e banks. ! Differences fr'm* i Previous H'ceAr.i 1883. Dec. 15. 1882. Dec. 16. Loans and dis .f200.225.900 Inc. .$2,181,100 $327,301.800 $307,143 800 80.012.000! Dec. 452,0001 57.033.900 57.850,500 Circulation.. i 1.012.0 j0< liu*. 55.100! lf„3so, 20( i 18,059,100 Net deposits.., 3 10.951.0 )0> Inc. 1.083,S)0| 318,55s.500 2881412,*300 Legal tenders.' 38,918, too1 rue 078,0)0 27,202,300; 20,320,500 Specie . reserve| $82,738.5001 Hic. held.j 121,991,000 tuc . Leiral Reserve ! $42,252,500,Doc. Surplus Railroad bonds have been less aciive than in lar, previous weeks, advancing while others declined, though tin* general speculative bonds is lower.* Erie 2d.s close at 572, against 501 last Friday; West-Shore 5s at -! 1 j. the same a> last Friday; some list of Fast Tennessee 5s at 48’,, against 49.1; do. incomes at 12}, against 12; Fort AYorth Sc ..Denver Rtsat 0-1. against 02; Missouri Kansas A* Texas general 5s at 55. against 50. $270,950 220,000; $tl,95o| stocks—Chicago vestment Burlington A Quincy and Rock unfavorable reports .as to possible granger legislation and decreased earnings. The coal shares still absorb most of tin* interest-and have led the decline. The speculation in Lackawanna, has been very active, and it has been the weakest stock on the List, $79,039,025 $72,103,075 81.890.200; 78,183,0 ;0 $5,250.5751 $0,079,925 on dropping Thursday to OIL. though since stronger and closing at 96f. One of the interesting developments of the we ek concerning this stock was the publication of Mr. S. V. White's letter to his on customers, dated Dec. 12th. in which he said out rill their holdings and his own. except a that lie had sold certain amount of investment stock. This was sullieiont to account for the recnit decline; but the Street never knows ju-t how to interpret such communications, and they are apt to regard th'*m as a little foxy." Tin* other coal stocks wen* also weak, and Del. Sc ** Hudson Exchange.—Sterling* has been very dull tin* past week and posted rates were reduced !<*. on Monday, owimr to the abund¬ ant supply of commercial and bankers' bills and. the extrcmclv small demand. On Tuesday, a further reduction of !,e. was made, but •. Island—based the* changes trom the comparison with the 1884. Dee. 13. at.-ls.C Railroad and Miscellaneous Stocks.—The weakness in the stock market lias continued since our last report and fur¬ ther depression lias marked the course of speculation. The House hanks, in their statement of Thief interest has centered in a few leading storks and the hulk in surplus reserve of $11,050, the of the business has been done in those. * One bature lias been the unusual activity and weakness in some of Up* so-culled in¬ Week. rI he limited, embracing only the foil' wing: $7,0bj Ala¬ bama, (’lass (’, at 81, and $40,000 Tennessee Compromise bonds, very not and Jersey Central declined materially. It was re¬ reduction in coal prices was imminent, but later it became known that a combination of the companies for 1885 had been made, on the basis of an output of 30,000.000 tons, on the allotment plan, and this helped to steady the market. 'The general lot sympathized with the coal shares to a great extent, though there has occasionally been shown a disposition ported that a maintained, as it had the elfect of stimulatingto break loose, with the result, of a re-action in buyers and stiffening rates. prices. The immediate course of speculation is much governed by the To-day the rates on actual business were, as follows, viz. : of local operations cliques, and the fiuctuations from day to day Bankers 00 days’ sterling*, 4 80 4(5,, 4 81 ; demand, 4 84;]((/. 4 85. have little connection with Cables, 4 85<754 85J. tal bills any Commercial bills were 4 70. Continen¬ Francs, 5 24*@5 25 and 5 21£@5 22 $■ marks, 94j@.94g and 045@.95 ; guilders 39:} and 40. The were : following were the rates of domestic exchange ; on rcicliNew real changes in value. Union has been active and very weak at has been strong on bull rumors. Western times, and Pacific Mail To-day, Friday, the market was weak and depressed in the early trade, but later re-acted and closed strong* at or about the best figures of the day. THE CHRONICLE, 1884.] December 20, 701 NEW YOKE. STOCK EXCHANGE PRICES FOR WEEK ENDING DEC. 19, HIGHEST LOWEST AND PRICES. AND SINCE JAN. 1, 18S4. Sales of ! Range Since Jan. 1, 1884. the STOCKS Saturday, Monday, Dec. 13. Dec. 15. Tuesday, Wednesday, Thursday, Dee. 17. Dec. 18. Dec. 16. Week, (Shares). Friday, Dec. 10. RAILROADS. Albany A Susquehanna -- pref. :::::: 50*4 Ced. Rapids A No. 45 & N. Y. Air-Line, Boston Burlington Canadian Paciiic Canada Southern Cedar Falls A Minnesota Central of New J er.sey Central Pacific 31 Chicago A Alton Chicago Burlington A-Quincy. Chicago Milwaukee A St. Paul Do pref. 11 S 1 ‘JO 7*8 *25*3 80 *8 A Om.. pref. Cleveland Col. Cinn. A Ind 33 34 U 34*o *5*2 0*4 10=8 10r,8 Pittsburg, guar.. Delaware Lackawanna A West Denver A Rio Grande City *10 *7 11 8 O Do pref. Evansville A Terre Haute Green Bay Wiuoua A St. Paul) ‘8 *30 Houston A Texas Central Illinois Central Do leased line 4 p.c Indiana Bloomiugt’n A West’ll Lake Erie A Western E.ako shore 7V 2(5 20 30 Hi 117*4 118*2 74 ;*8 7 5 *2 105 85 123 10(5 7 2(5*4 8(5*2 8(5*2 31*2 32 137 *2 137 *2 1)7*2 98 7a 8*4 8*4 Long Island 4 378 4 Hi 0 'ft 34 {> 123*2 13 10 Louisville A Nashville Louisville New Albany A Chic.! Manhattan Elevated Do 1st pref.. 110*4*117*2 118*2 14Hi 10 Hi 7 *80*2 2034 87*2 *32 34 8*2 15 11*2 0434 03 63. 2oJ4 25*2 1034 Memphis A Charleston Metropolitan Elevated Michigan Central 034 00 H: 10 34 37e 0*8 32 34 0 *8 33 118 * 3 0 7y 03j4 64 *2 25 34 69^ 28 78 *01 * *28 7e til13* 70 4 *0 4 6 32*2 5* *11 23 02 ... 4 pref. 34 14*8 pref. j Norfolk A Western I)o Northern Paciiic Do Ohio Central? pref prof H2 734 *80 80 *2 14 * *y 14*4 Oregou Short Line Oregon A Trans-Continental... 21 >4' 30;ift 30 12*4 12 Hi Peoria Decatur A Evansville.. Philadelphia A Reading Pittsburg Ft. Wayne A Chic... Rich. A Aileg., st’k trust ctfs.. *11*4 2534 1 6 3ft 92 *7 02*4 0 „ MISCELLANEOUS. American Tel. a (’able Co Bankers' A Merchants’ Tel Colorado Coal A Iron Delaware A Hudson Canal Mutual Union Telegraph 2,355 33*2 400 100 220 25 33 334 .334 37 118*2 118*2 *118 13 13 12 12 11*2 10*4 10*4 033ft 04*2! 62*2 2534 * 2(5 *2 * 25*2 37 120 *12*2 *20 16=e 30^ 1*2 10*2' 78 134* 2134! 120*4 38 88 34 4 H *34 *2 8 5 a4 4 7*4 87*2 7*4 1 4 30 *64 60 'dd Hi' 27 *2 2*7*2' *55 13 *10 2534 1(5*2 02 *4 *2534 ’ 26* 68 34 60*8 60 H5 28 33 13 30 10 01*4 02 0 I ! *41 4'ft 4 V 7*4i 3L 175 17 5 1534 OO-'a 12*4 14'ft 14 10 '4 10'•s' 2 '2 2 *2 12 'ft 01*2 *2! 12 *8' I 803ft1 85*4 4 4 '7 87 13 7ft 28 10'2 | " ST" i 14 V 28 '| 10*2! I 171 12 :i2 61 *10*2 *25*4 l(i *4 * 175 12*4 22*o *10*4 F*4 13 13 12 78 13 *>*> 22 *2 2 ‘o 123^ va 3 'ft "20 21*2 17 Hi '4 30 :»4 1 'ft 10 40:1ft 1*2' 18 34 10 I * 12 58 3 13 22 7e *2 >8 3 7s *Vd" *22 ' *10 " "ii" 39*2 *30 40*3 *38*3 40*3 83*2 81 *83 85 *83 85 4734 40‘8 *12 *1 H 83 13*4 48 34 (> 4* «*a 83 *82 12 48 *5 83 7ft "‘ft *1 *> 15 8-'ft SI ;,4 48'ft *5 'a 123, 2H4 2 34 54 •1 *3 54 4 S7s 82*4 8 ~e 82*2 133ft 4034 5a4 iij 5 i 4 *10 *38 *83 21 *2! 1 0 '2 *20 Hi 30'4 1 *6 I 7 3ft 13 3ft 1 2 7ft 01 *7 115 30 1 V ‘«i *87 Vj *7 *84 14 'ft S«v 87 10 34 11 *12'*, »> 2134 "1878 *38 *83 4 1 *3 87 82 1 3 *8'4 82 Hi 81 12 Hi 47 10 "ft 4()7ftl 1 'ft 10 I 0 Hi! *4 8 '3 75 *■ 48'3 5:'i 4« *5 >4 48'ft 534 54 *8‘ft 8lHi 76Hi 7 *2 8 34 77a4 2,(.0oj 14 2>,._>80i 37 *4 (>„>0o 120 6*4 ! 53 ‘4 5 4 *4 53 *3 Pacific Mail 34 1 107 Hi 168*4 107'4 107*4 Pullman Palace Car Co J Quicksilver Mining 1 Do j pref. 60 >4 dl Western Union Telegraph..... ,8| 00 '4 60 7ft i EXPRESS*. Arams ! American. United states i ! 05 5 1 05 Wells, Fanro A Co ! lUS INACTIVE STOCKS. Atchison Topeka A Santa Fe.. Chicago A Alton, pref Joliet vt Chicago Louisi na A Mo. River lUS New York Elevated Ohio A Mississippi, pref. 130 5 l 1 J 31 '2 54 *4 107 :i8 55 1073ft !"!!! 50 Hi 60-ft *30 57 >2 131 HOI 02 xOl *52 02 *00 51 1*107 110 52 54 100 Hi 100*2 1 5434 lo7 *3 """ 56 108 6 2.3 ! 1 ' ! 60‘4 132 -3 *2.S 56'2 1 130 -90 00*3 01 53 '*4 54 ! *53 100 '3 100 H: *107 5 H* i 30 130 03 51 110 • July June27 Dee. 10 Dec. 10, ! 130 130 | *80 | *52 92 55 *107 110 131*3 51*a 92 11^ 23 75 107e 200 82H> 148 84*4 35*3 33*4 1147a 86 34 58*3 68 53 7a 90 53 Mar. 3] ICHiJan. 6 17 169 *3! 52*4 94 1169*3 1183 7] Feb. 28 i 18*4 Feb. 16! 20j 12Hi Nov. 3; 25, 42 Feb. 15 June27j 27 Jan. 7 J*au. June20; 34 =3 Jau. 7 Juno 20 12 Juno‘2G i 32 June27 July 50 96 3 220 7i 20, 23 14 11! 14 Feb. 15 Mar. 17 Feb. 5 29*3 Aug. 22 50 . Mar. 18 96*3 Apr. 10 Juno30j 3234Jan July 11] 90 76*8 Oct. 20 99 10,510 113.278 9 Jan. 26 Jan. 7 5HiJuno27| 2238 Feb. 11 ’Too 28 4 9 June30 June 271 508 49 May Hi1 Oct. 17 84=8 Feb. 16 1934Jau. 7 May 20; 32 Jan. 5 4:4 17*8 70 *8! 104 J4 15 I 29*8 ' 57 61»8Jan. 8 12734 Apr. 161 118*4 7 Juno271 17Hi Mar. 17i 14 ] 76*3 Dec. 18114 Feb. 11 102*3 10 May 16! 17% Jan. 10! 15 1 **500 13,026 7117 0 Feb. 9! 834June28! 65 *8 Jan. 7 6()34 June26 112 Jan. 28 600 54,631 31 00 36*4 5 7 Hi 695s 140 H* 39% 55 25 125 56 90 28 150 44 34 91*3 May 16' 5(>34 Mar. 17 May 24 117 Jan. 7| 112*4 134 5 9*3 334 J une30| 6*3 Feb. 11! 20 J une 20 31 30 Nov. 20 ; 46*3 49 71% 88*4 May 14j 78'a Feb. 16 2,011 1 211,537 84 142 Nov. 15 65 ] 5 8 ■'« 55 113*4 Jan. 20 Mar. 14] 17‘aApr. 4]| 7,184 May *1 ! 11*3 June 26 24 Hi Juno 30 70 May 15 4 - 57*»4 7; 122 Mar. 13| lOj 10*8 Feb. 15! 100 130 ...... 5 7 '4 5S;:ft 22 178 J uly 24, 16*8 Feb. 4 Oct. 18! 24 Mar.21 .(>00 70'3 72 *3 r>:» 5 Lb 563ft ;>.>•'4 106 '2 107 i 1077ft 10S | 127*4 1334 Mar.24 122*3 Jau. 54 157 Jan. 11 173*Aug. 21)34 Nov. 1; 60flft Feb. mo H> Dee. 1135 Apr. 2*8 May 24 5 Jan. ! 32 July 3 61 Feb. .. Oregon Improvement Co Oregon Railway A Nav. Co 140*8 J une 271 57«8Jan. 7: 1 Dec. 10 4Ha Sept. 51 14=8 May 14 257BMar.l7] 5 Juuel‘2j lH»4Oet. 7] 8'4 Aug. 8; 24 Mar. 221 j 1,250 14 18 70 8-»i 70*3! 35 Juno24 2 6*10 17 920 13'a! . 12634 Icb. 11 13*4 Jan. 5 June‘27| 71 8 ;175 I «’>-«>! 217 100 51 51 8*3 78*4 ! 20 40 000 82 Hi Dec. I f66 1;,6 7,100 82'3 1234 Feb. 16 119 Feb. 12 124 149 Hi Feb. 12 27 137*4 129-38 9134 108*a 122*4 7*4 Dec. 15j 2034 Feb. 14 Jiino26j 94HaApr. 12 28Jan. 5 -88 14,025 3 35*3 83 :,A! 22"ft 128*2 40 Hi 85 94*4 lan. l(>,l>|.>! 11 Hj J line 27] 14 '« 75 81 13 4 *3'22 * *18 *38 *82 6734 Jau. 10; Juno27 127 June2(5l 58 83Ha Nov. .... lif l‘> 54 78 '2! 3 20 *18 87 *80 *5 3 ...... 8 '.i 1 120 'a i >3 54 8 34 10 34 39<4 223ft 2 Hi 'ft 403ft i *2*r *2*r 13'« 3 '3 20 23 70 Hi! Ti'J 2 0 6*4 June 20 430 105 14V 7134 17H» 90 88 23 34 Oct. 25 H6 30 105,484 1,020 5 13'4 22 120'2 127 5,012 110 5ft 85 *4 7,510 0 *18‘2 0 >2 *3 *18 *20 70 600 16*4 01*2 120 173ft 217ti -"4 81 12 >3 48 *f> l‘> l.» 12*2 ’ *12 Ha 22 ^ # 20 *'*8 13 23 *18 30 *2 *82 13 21 '2 17 1 40 ^ 1 M 10 i 10*81 **1278 *1*3 3ft j 22 3*4 22*2 3034 1*4 10*8 123ft 12 3ft 3,145 *32 0 *2 0 1 120 120 *35 38 do 7ft1 4 *01 *55 *01 *32 *11 *25 8 5 "ft 31 3034 20 83 13 4,755 100 50*2 10's *45*0 220 60*4 65*3 Jau. 18 Jan. Hi 51 7 Jan. 8 Hi Feb. 3*2 Dee. 3 8 185 5 J uly 11 200 Mar. 18 20 June26 51 4 Jan. 110 Juno23 140 Feb.13 70 Mar. 6 July 8 86 9 Juno 21 20*4 Jan. 5 6 7g June 27 1934 Jan. 7 62 Hi Dec. 18 104*4 Mar. 4 62 May 24 78*4 Mar. 15 22Hi Juno 24 513ft Mar. 4 10 Nov. 11 35 J an. 4 40 Jan. 22 67 Aug. 26 82 Jan. 21 93 Hi Apr. 7 42 Jan. 23 65 Aug. 21 6834 Dee. 18 79 Aug. 22 10 Mar. 18 Aug. 20 24 23 J une 27 40 Jan. 11 85 June30 105 Apr. 15 61*4 Juno 27 94 Hi Mar. 4 10 Feb. 11 7 16 Jan. 31 Oct. 22 44 Apr. 10 7 Hi June23 18H, Jan. 7 17 Juno21 36 Hi Feb. 11 9 Ha June 27 23*4 Jan. 5 63HiMay20 100 June21 600 *55*2 15 30 116,250 26*4 12 90 38*8 Aug. 20 100 Aug. 20 69Hi Mar. 14 141 Apr. 1 133*8 Mar. 1 25 **8 Jan. 3 52 Oct. 25 82 Mar. 10 3 Hi May 14 8*4 Feb. 15 534 Dec. 11 14 Hi Feb. 15 300 64 26*4 "di”! 120*2! 38 | «0 7s l'i’v* 1*434 78 2 1 3ft 10 3ft 10 34 *3 *82 14*2 Jau. 10 58*4 Jan. 18 57 78 Feb. 11 June 27 15 Jan. 2; 9H> June 20 28 Feb. 11 0 *8 Nov. 17 7 17 Jan. 118 June23 140*4 Feb. 6 107 June27 127 34 Feb. 16 710 *62«ft*64 ' 63 v8 ' 0 2L Richmond A Danville Richmond A W’t P’t Terminal! Rochester A Pittsburg Rome .Watertown A Ogdensb.. 8t. Louis Alton A Terre Haute nref. Do St. Louis A San Francisco Do pref. 1st pref. | Do St. Paul A Duluth Do pref St, Paul Minneap. A Manitoba' Texas A Pacific ' Union Paciiic Wabash st .Louis A Paciiic Dr pref. 2,325 0*ft 110 *01 *12't 12 h»: 21 l(i *2 20 *2 Ohio A Mississippi Ohio Southern 4 0*8 33*2 (i *2 H‘S New York A Texas I,and Co 10 *2 30 York A New England Y ork N ew i 1 a veil A 11 a rt. York Ontario A Western. York Susq. A Western...! L)o 10*2 02 *8 4*2 7*4 5'4] pref. Do 2534 0 7 *2 80 Hi 14 2534 *7 120 Hi 120*2 *118 *34 *33 38 8 7 34 88 8 t8534 New York Lack. A Western... New York Lake Eric A West. New New New New 20 10 7g 02 Vi i Nashv.Chattanooga A St.Louis New York Central A Hudson. New York Chic. A St. Louis... Do *11 14 Hi 1014 Do pref. Missouri Kansas A Texas Missouri Paciiic Mobile A Ohio Morris A Essex ”4 0*4 80 135 84 34 86 Jan. 30 Aug. 10 5 8 101 Milwaukee L. Shore A West’u pref. 150 315 10*2 4 110 14*2 64 a4 64 *, 26 * * *10*2 64 =a 63 25 78 60*4 118 61 I)o 31*4 0*4 "i»34 10*2 * *'oi‘ Minneapolis A St. Louis 34 | " ”3*34 14*2 *13 *10*2 03 7a 03 00 *8 Manhattan Beach Co ! 11 33:»| I 0*4! 93.il 8 j , 107*8 8*2 common. consol... 33 *2 *5 *2 * 34 033.4 2g58 33:,4| (5 i -- *3 i , , *9(5*4 97*78 534 34 *30 , Do Do . 105 8(5 :*8 20 June 28 130*2 130*2' ”i*10 117*4 118*2j 11 10*2 J 17*2 117*2 118*4 17,(543 1 7 3 r,8 <‘>"d 8 75'V 773*i> 74 78' 73*2 74 34j 318,145 58*4 J une 27 100 1*105 10(5*4 100*4 ; 105 450 j 95 78 June 27 8a 86=8! 84*4 85a4| 85*8 80*4' 135,225 81 Ha J une 23 123 123 123 I 122*2 122 Hi 123 800 117 June 23 10(5*2 107 *8, 100*4 107*2! 107 107*2 18,442 100*4 June 23 7 7 i *7 8*2 250 0 Sept.2(5 10Hi Nov. 18 26 2(5 25 *h 25*2 25 *4 I 2o 2*725 2178 June 26 808(5 "ft 80*4 80*4 85*2 80 1,500 8034 Juno 27 32 32*2 3 2 Hi *32 030 28 June27 i37*' i37* | 137 187 I 231 125*8 June24 02 7a 06*2 013ft 04 *2 937ft '0634 000,618 90 Hi May 26 8 *2 838 8 •'ft 8 *2 8*2 8*2 1,035 63ftJune23 191 118 A!.. 10*3 8 ' Harlem *9 50 1,450 ! 30 June27 450 2434 June27 8 May 22 12,300 I 30*4 Oct. 25 30 2,740 Juno 30 ... 33 5^4 *3f ’ 'in ' ”31“ *3l" 31*3 33*2 * 5 *2 *10 34*2 0*4 ' Va. A Ga 45 *31*4 32 34*2 x5 *2 8 *7 138*2 138*2 07 *8 4)9 H*1 8 *4 8 Hi Cleveland A Dubuque A Sioux o78 84 n8 122 122 1*122 123 107 3y 108*2 105*410734 Do East Tennessee 45 45 4478 *31 *8 117 118 73*8 74*2 IO034 10534 85 V 84 °8 85*4 pref. Chicago St. Paul Minn. 5 45 31*4 ...I Chicago Rock Island A Paciiic Chicago St. Louis A Pittsburg. Do 443.1 31*4 11734 119*4 73*o 74a* pref. Do Chicago A Northwestern 50*4 34 34 5' 11 *7 1 ‘JO 1st pn-f 2d p rtf Do Do July 3 135 80*$ Mar. 27 00 . 1 6 Chesapeake A Ohio Highest. 126 ; 45 31 Lowest. For Full Year 1883. : 126 87 137 120 276 121 45 98 July 15 137 J une 21102 Apr. 24 Mar. 26 May 171 61*3 Feb. 7 Feb. 13 May 26 115 126*3 135 88 j 94*4 55*9 65 *3 113 128 . Rensselaer *115 62 142 137 T 1 5 130 130 ‘115 ‘01 *01 *01 the prices *01 20 B ornestike Mining Co New Centra! < nal Ontario Silver Mining «*i nusylvuuia Coal are 130 115 45 138 Virginia Midland Canton <’<> Consolidation Coal iiieae 1] 24 Juno21|130 10*3 Dec. *115 A Saratoga South Carolina Railroad Texas ,‘c New or cans 231 8034 Jan. T 78*v 84 131152 Feb. 16] 140 150 138 Apr. 12 145 31 ar. 4 138 June June 9H> *0^ *01 May 15' 00 Oct. 6, June 13! Jan. 0 25 34 13 90 96 105 112*3 June 18| 146*3 Apr. 18! ] 139 *3 145*4 0 Dec. 1 11 May 24] I 22*3 27Hi 90*o Nov. 22 93 Feb. 11 " 15 J 20 July 29! 21 an. 24! | 31*3 50 Nov. 211 30*3 Nov. 28! 40 50 250 J une 10 IS 23 Jan. 29 j 21 1 27% 35 8 8 Mar. 25! 11 Jan. 4 ! j 10 0 Nov. IS ! 14 10*4 Jan. 31 ; -r» ! 14 18 May 10 20 *3 I an. 20 3 5*3 Feb. 10 264 i264 Feb. 19 1260 ;28u»4 j 20 10 10 i bid and asked ; no sale was made at the Board. t Lower price ii ex-dividend, THE CHRONICLE. 702 [VOL. XXXIX, QUOTATIONS OF STATE AND RAILROAD BONDS. DECEMBER 19. 1881. BONDS. STATE 1 Bid. SECURITIES. 1 Louisiana—7s, cons., 1914 H3 101 V Alabama—Class A, 1906. Class B, 5s, 1906 Class C, 4s, 1906 ' 6a, 10-208,1000 Arkansas—6s, funded— 7s, L. Rock & Ft. S. iss. 7a, Memp.A L.Rock RR 7b, L. R.P.B.&N.O.RR 7s, Miss. O.&R. R. RR. 7s, Arkansas Cent. RR. Georgia— 6s, 1886 10 10 10 10 7s. 1886 101 105 7s, gold, 1890 111b 6s 1 loan Consol. ’• Bid. 'Ask.' 2d, 7s, 1891 Bonds, 7s, 1900 (Stock Exchange Price8.1 Ala. Central-1st, 68.1918, Atch.T.& S.Fe—4 ias, 1920 Sinking fund, 6s, 1911..! 79 Atl. & Pac.-lst, 6s, 1910. Balt.* O.—1st, 6s, 113 101 *83 Prk.Br.! Bar.C.Rap.&No.— 1st, 5s Consol., 1st, 5s, 1934... Registered ’ Minn.&St.L.—lst,7s,gu.! Ia. City.* West.-1 st, 7s! C.Rap. I. F.&N.—1st, 6s 1st, 5s, 1921 | Bnff.N.Y. & P.—Cons., 6s 6s, 1924 General, j V 6s, Act Mar. 23, 1869) non-fundable, 1888> { Brown consol’n 6s, 1893 89 98 So.—1st, int. guar. 5s; 2d, 5s, 1913 . 1 Reg., 5s, 1913 Central Iowa—1st, 7s 1 Can. 98 76 - - 73 ---- Ill. Div.—1st, 6s, 1912.. Char. Col. & Aug.—1st, 7 ...... Chicago & Alton—1st, 7s. *119 Sinking fund, 6s, 1903.. La. & Mo. Riv.—1st, 7s. 119 2d, 7s, 1900 i20 ...... ii*8 116b 1st, guar. (564), 7s, '94 2d, (360), 7s, 1898 125 119 . j 6a. sinking fund. 1901.. 6a, debentures, 1913— Sinking fund, 4s, 1919 Denver uiv.—4s, 1922.. 1 Plain 4s, 1921 C R.I.& P.—6s,cp., 1917. j 6s, reg., 1917 i Keok. & Des M.—1st, Central of N.J.-^lst, 18 l8tcou8ol.assented,1899 ; Conv., assented, 7s. 1902 ! Adjustment, 7s, 1903... Conv. debent. 6s, 1908.. Leh.&W.B.—Con.g’d.as. 97 *105 9*7 b * 94 *92 34' 128 49 93 104 Mt.Vern’n—1st, 6s, 1923! Fargo * So.—1st, 6s, 1924! Fl’t* P.Marq.—M.Os, 1920: Gal. Har.A S.Ant.-lst, Os j ioo b *1*0*1* 34i ioo 101b 101 b 101 34 Morgan’s La.& T.—1st, 6s iNasli.Chat.* St.L—1st,7s 2d, 6s, 1901 - 101 ; I ! N.Pac.- ... . ' I Consol., 1st, 6s, 1922.... Rich.&Alleg.—1st,7s,1920 103 b Rich.* Danv.—Cons.,g.,6s Debenture 6s, 1927 Atl.A Ch.—lst,pf.,7s, ’97 71 56 *127 119 *33b 41b *40 34 73 Registered, 6s. **59** 12(3 55b So. Car. 3*5 1 • 1 Extension bonds, 7s, ’85 1st, 7s. 1885 Coupon, gold, 7s, 1902.. Regist’d, gold, 7s, 1902. Sinking fund, 6s, 1929.. Sink, fund, 6s, 1929, reg Sinking fund, 5s, 1929.. Sink, fund, os, 1929. reg Sink’g fd. deb., 5s, 1933 25 years deb. 5s, 1909.. Rt gi-tered Escauaba A L.S.—1st,6s Des M.* Miu’ap.—1st,7s Iowa Midland—1st, 8s.. 95 34 102 LShore.-M.S.&N.I.,s.f.7s ... j 65 95 No 75 p. e.. 1911 .. ... j 119 b 122 i'o’e** 1*0*2 b 110b 111 ! 116*b lOob 105 | Louis. West.—1st, 6s Louisv. & N.—Consol.,7s. Ceeilian Br’ch—7s, 1907 ioib *l*()2b — ioo" Trust bonds, 6s, 1922... 10 40 A'ljmt. 0-, 1924 L. Erie * W.—1st. 6s. 1919 .. 67 67 i 3*2 Sandusky'Di v.—6s, 1919 Laf. Bl.* M.—1st, 68,1910 Louisv.N.Alb.&C.—1st,6s General inort.,6s, 1914. 123 Lou. N.O * Tex.— 1 st. 5s 6s 37 b Tol.P.AW.—1st, 78,1917 80 b 80 50 38 72 b 71V Chic. I)iv.—5s, 1910 Hav. Div.—6s, 1910 -j 68 *70* *70 **80** 104 b 105 96 b 96 34 97 b Wabash—Mort. 7s. 1909 Tol. * W.—1st, ext., 7s 1st, St. L. Div., 7s, ’89 2d. ext.. 7s, 1893 .... 56 b 62 Equipm’t bds, 7s, ’83. 75 I 81 7s, 1907 Gt.West’n—1st, 7s, ’88 104 b 105 b 97 2d, 7s, 1893 Q.& Tol.—1st, 7s, 1890, *80 Consol, conv., 8*2* Han.* Naples—1st, 7s! Ill.* So.Ia.—lst,ex.,Gs I St.L.K.C.AN.—R.e.,7s; 101b 102b 102 Omaha Div.—1st, 7s| 100 Clar’da Br.—6s, 1919 93 97 10 lb St.Chas.Bge.—ist,6S| to 1900, reg j ;N.W. Telegraph—7s, 1904 108 80 7s.! liob 110b ; i West,Un.Tel.—1900,coup.’ 107 No. Missouri—1st, I12-» ! 105 ; 6634 Mut.Un.Tel.—S.fd,6s, 1911 'spring 102 110 b 110 i)4J 90b *2 ,110 *68*’ Val. W.W.—1st,6s INCOME BONDS (Interest paunbie if earned.) Alleg’nvCeut—Inc., 1912 .. 1 118 | i j 120 125 116 116 Oreg. Mo. 70 *06 82 j 05 J 11 01 40 . j! .....j 1 * 75 b -SO* *75 75 85 78 6s. 3-6s, Class C. 1906.... 3-6s, Class B, 1906.... 1st, 6s, Pierce C. * O. Equipment, 7s, 1895.. Geu’l mort., 6s. 1931.. j Consol., 6s, 1905 Income & Id. gr., reg.. G.,6s,Ai)g.ep. on., do txAug.coup. Pennsylvania KK,Pa.Co.’s guar.4b9.1st,cp Pa. Co.’s Reg., 1921 Bio 90 *8*9* cons., So. Pac. of Mo.—1st,6s Tex.* Pac.—1st, 6s,1905 85 * 87 b Fac.—1st, 3d, 78, 1906 Pac. of Mo.—1st, 63--2d, 7s. 1891 St.L.* S.F.—2d, 6s, Cl.A "97**1 1 *82 *84 Trust Co. certificates.. Leh. & Wilkesb. Coal-’88 Lake E.& W.—Inc.,7s,’99 Short L.—1st, 6s *87* '*8*8 * Ut. So.—Gen., 7s, 1909 Kxten., 1st, 7s, 1909 1 77 b 12 b *3*6" ~~ lolb 114 b *88 b ------ , At.C.A P.—1st,6s, 1905 At. J. Co.* W.—1st, 6s prices Friday; these are latest quotations made this week *94 6s..:..j iTs N.O.AMob.—1st.6s, 1930 2d, Os. 1939.: E.H.AN.—1st, 6s, 1919 General, 6s, 1930 Pensacola Div.—6s, 1920 St. L. Div.—Jst, 6s, 1921 2d, 3s, 1980... Nashv. & Dec.—1st, 7s. S.A N,Ala,—S.f.,6s, 1910 Louisv. C.A L.—6s. 1931 97 97 . Cleve. & Tol.—Sink’g fd. 104 b New bonds, 7s, 1886.. 104 b 115 b Cleve. P. * Ash.—7s 110 Buff. & Erie—Now bds Kal. * W. Pigeon—1st.. *100 Det.M.& T.—1st,7s, 1906 118 Lake Shore—Div. bonds 1-0 Consol., coup., 1st, 7s. 127 Consol., reg.. 1st, 7s... 124 Consol., epup., 2d, 7s.. 114 b Consol., reg., 2d, 7s Long Isl. RR.—1st. 7s, ’98 90b j 1st, consol., 58, 1931 90 50 98 16 34 Inc., 1910... So. Pac.of N.Mex.-lst,6s| - - -;:-!| '(Central of N. J.—1908 113 b *1*1*4** jCent.Ia.—Coup. deb. certs. Union Pacific—1 st, 6s Land grants, 7s, ’87-89 106 b Icli.St.P.AM.—L.gr.iuc.,6s k 118b Chic.* E. Ill.—Inc., 1907 Sinking funds, 8s, ’93. k 118 ;L)esM.& Ft. D.—1st,inc.,6s Beg 8s, 1893 Collateral Trust, 6s... ;l)et. Mack. * Marq.—Inc. \ 12 do E.T.V.AGa.—Inc., Gs, 1931 58,1907 Kans.Pac.—1st, bs, ’95 ilo'b 112* ; Elizab. C. & Nor.—2d, inc. 107 108 1st, 6s, 1896 iGr.BayW.* St.P.—2d,inc. k~ I)env.Div.6s,a8’d, ’99 105 b |Ind. Bl. & W.—Inc,, 1919 01 92 I Consol., inc., 6s, 1921..., 1st, consol., 6s. 1919 C.Br.U.P.—F.c.,7s, ’95 -00 |;Ind’sDec.& Spr’u—2d,inc.| *20 *20 . Col.* (ireen.—1st, 6s,1916 i *S1)34 A 2d, 6s, 1926 Col H Val. * Tol.—1st, 5° Del. L.A W.—7s,conv.,’92 * Al06b 107 Coupon, 6s, 1909 95 b 94 2d, 6s, 1923 Mortgage 7s, 1907 Syr.Bmg.A N.Y.—1st,7s - 103 b . Joaquin Bl-.—6s..; Cal. & Oregon—1st, 6s; Cal. * Or.-scr. B, 6s. Land grant bonds, 6s. I San 108 100 Div.—6s, 1921 Ind’polis Div.—6s, 1921 Detroit Div.—6s, 1921.. Cairo Div.—5s, 1931 66 *68 69 100 b -siy 102 112 b 102 b *98 *90 100 West. Pac.—Bonds, 6s *108 b No.R way (Cal.)—1st, 6s *108 06 So. Pac. of Cal. 1st,6s Central Pac.—G., | 110 b 110 111 109 b 104 Iowa Pacific Railroads— Keut’kyCenu.—M.Os. 1911 stamped, 4 123 b 125 108 120 Chic.* W.Ind.—1st, e.f., 6s Gen’l mort., 6a, 1932 2d. 5s, 1911 b *9*3 76 60 81 Eastern Div., 6s, . 1*1*5** No. Wi8.—1st. 6s, 1930. St.P.A S.C.—lst.Gs, 191! Chic.* E.111.—lst.s.f.,cur. Chic.St. L.A P.—1st,con.5s Chic. & Atl.—1st, 6s, 1920 ii5 115 ! 73b 73b ! 55 55 b 1921..1 78 'rWL' -100 Indianap.D. A Spr.—1st,7s Peninsula—1st, conv. 7s 2d, 7s, 1907 1st, 4-5-Os, 1909 2d, 4-5-68, 1909 118 *• 104 134 136 b 103 b 104 b 123 b 1*25 124 b 110 111 Chic.* Milw’kee—lst,7s Win. A St. P.-lst, 7s, ’87 MU.A Mad.—1st,6s, 1905 Ott. o. F.-y st. p.—i st.r.s C.C.C.& Ind’s—lst,7s,s.fd. Consol. 7s, 1914 Consol, sink, fd., 7s,1914 General consol., 6s, 1934 Chic.at.P.Min.A Om.— Con* l. >>*, ! 930 Ced. F. & Minn.—1st, 7s Ind. Bl. AW.—1st pref.,7s 110 R’y—1st, 6s, 1920 ; Wab.St.L.APac.—Gen’l 103 b ! _ 95 b *93 70 109 100 2d, 6s, 1931 b Sheuand’li V.—1 st,7s, 1909 General, 6s, 1921 Tex.Cen.—1st, s.f.. 7s,1909 94 b 1st mort., 7s, 1911 Tol. Del. & Burl.—Main,6s 41b 1st, Dayt. Div., 6s, 1910 41b 1st, Ter’l trust, 6s, 1910 57 Tex.* N. O.—1st, 7s, 1905 Sabine Div.--lst.Ga, 1912 *8*6 Va. Mid.—M. inc., 6s, 1927 * Terminal 5s, 1914 Chic. A Northwest.— Sink, fund, 7s, 1885 Consol, bonds, 7s, 1915. 695a1 34 * *8 i b 104 106 b i’08 1 101b! 102 .... 1 _ 10338 104 2d, pref., 7s, 1894 2d, income, 7s, 1894 Bellov.* So. Ill.—1st, 8s St.P.Minn.* Man.—lst,7s 2d, 6s, 1909 Dakota Ext.—6s, 1910.. 1*02* 1st, consol., 6s, 1933— 1st. cons., 6s, reg., 1933. Min’s Un.—1st, 6s, 1922 11934 St. P. & Dul.—1st, os, 1931 River—1st, 6s, 111 85 112 St.L.Alton* T.H.—lst,7s *115 1932 i Ohio* Miss.—Consol, s.fd. iio" 11 Ob New 90 51 95 34 95 b 52 *105 Arkansas Br’ch—1st, 7s Cairo & Fulton—1st, 7s Cairo Ark. A T.—1st, 7s Gen’l r’y & 1. gr., 5s, 1931 108 103 88 *50b Incomes, 1900 ...... *103** "72 b 108b 71 Scioto Val.—1st, cons., 7s. St. L. & Iron Mt — 1st, 7s 100 b 2d. 7s, 1897 ' 1 !| Consolidated 7s, 1898... * 109 110b I 2d consolidated 7s, 1911 1st, M. L., 7s, 1891 1st, LaC. Div., 7s, 1893. 1st, Western l)iv.. 7s ...I 105b ;! 1st, Springfield Div., 7s b! 1st, Waco & No.,'7s 1st, I. & M.f 7s, 1897 ! HI ill4 ; Ohio Central—1st, 6s,1920 j 1st, I. A D., 7s, 1899.... 2d, consol., maino line,8s;*111 1 1 1st, Torm’l Tr., 6s, 1920 1st, C. & M., 7s, 1903... 2d, Waco A No., 8s,1915| 1st, Min’l Div., 6s, 1921 I 96 i!Ohio So.—1st, 6s,1921 ...J Consol. 78, 1905 | General, 6s, 1921 102 i jOreg’n* Cal.—1st,6s,1921; Houst.E.&W.Tex.—1st,7s ! Or.&Transc’l—6s,’82-1922; 2d, 6s, 1913 j— j Ill. Cen.—Spd.Div. -Cp.Os Oregon Imp. Co.—1st, 69.1 ;--1 Middle Div.—Reg., 5s..-i*106b --jOreg’n RR.* Nav.—1st,6s: i 1 IK C.St.L.* N.O.—Ten.l.,7s: I--j Debemures, Is, 113 b 116 i Panama—S.f., sub.6s,1910, lst, consol., 7s, 1897.. i Peoria Doc. * Ev.—1st. 6s 1 06-b 97 1st,Chic.* P.W.,5s.l921 2d, 6s, 1907 ; 104 104 b 99 ;* Evans. Div.—1 st,6s, 1920, Gold, 5s, 1951 £ 06 b 98 116 b Peoria* rek.U’n—1st, 0s; Dub. * S. C.—2d Div., 7s *116 2d, 7 3-10, P.D., 1898... 1st, 7s, $ g.. R.D., 1902. 118 b Og.—lst,7s,’9r 1°« Con., 1st, ext., os. 1922. Rocli.A Pitt —1st, 6s,1921 ..... Buff.—Cp.,5s j Nevada Central—1st, 6s. Consol. Os, 1911 | louston & Texas Cent.— l 100 Registered, 5s, 1931 I N.Y.Susq.* West.—1st, 6s I Debenture, 6s, 1897 i i Midland of N.J.—1st, 6s; ,104 1 Gulf Col.A S.Fe—7s, 1909! 113 ;113’-4 2d, 6s. 1923 I* 86 b Hann. & St. Jos.—8a,conv.: 103b 103 b b b *i*04b 2d. 6s, 1923 | 115 b ! b 33 b 104 b 94 i : 1st, 6s, 1905 j iN.Y.C.*St.L.-l8t,0s,1921 04 N.Y.W.SI1.& Rome W.& b 113 ioib N.Y. Elev’d—1st, 7s, 1906 N.Y.P.A O.—Pr.l’n, 6s, ’95 N.Y.C.& N.—Gen.,6s,1910 I 1’rust Co. receipts N.Y. *. N. Engl’d—1st, 7s Gr’nBayW.ASt.P.—1st,6s1 85b 130 119 b 122 126 b 119 110 i 19 118 126 b 121b 123 120 b 110 112 96 b 100 ! *105 99 b 100 115 120 110 112 102 69 55 104 139b St.L.V.&T.H.—lst,g.,7s 105 2d, 7s, 1898.... I* 2d, guar., 7s, 1898.... Pitts.B.A B.—1st.6s, 1911; ----- 80 95 Harlem—1st, 7s. coup... *127 i * --- 100 85 ----- Chic.—1st, *102 34 i*0*3b 132 b 133 b 132 102 102 b 1st, reg., 1903 Deb. 5s, 1904. Registered... 98 b 90 98 .... 1931....;* Collater’l trust, 6s, 1892 } 1st, Extension, 6s, 1927 57 2d, 7s, 1905 West. Div.—let, 5s 2d, 6s. 1931 **9*‘i*‘ 00 85 os, Mobile* Ohio—New 6s.. 50 Ask. 2d. 7s, 1912 130 b 3d, 7s. 1912 i ------ 130 Clev.A Pitts.—Cons.s.fd.' 122 4 th, s.fd.,6s, 1892 |*1«S“4 I "Coupon, 5s, 1931 Jack.Lan.ASag.—6s,’91 iiSV 1130 Buff.* S. W.—M.,6s,1908; Ev. & T. II.—1st, cons., 6s| bj 113 b 1st, 8s, P. 1) 1 Pitts. Ft.W.A 1 104 Consol. 5s, 1902 I| Registered, ; 3734 BuflVN.Y.A E.—1st,1916* N.Y.L.E.AW.—New2d0. Collat’l trust,6s, 1922.1 '....! 12*7 ** Am. D’k&Imp.—58,1921 Chic. Mil. & St. Paul— ; 120 1st, cons., id coup., 7s..1*11.4 Reorg.v 1st lien. Os, 1908; Long Dockb’nds, 7s, ’93 107b!- ' Bid. SECURITIES. — |j 6s, 1909 80 Pac.—1st, 7s Divisional os, 1930 * Ia. Div.—S. fd., 5s, 1919 1119 ^ Eliz.C.&N.—S.f.,deb.,c.,68 1st, 6s, 1920.« 82 b Eliz.Lex.* Big Sandy—6s Erie—1st, extended, 7s... 121 110 107 2d, extended, 5s, 1919 103 3d, extended, 4 bs, 1923 102 j 4th, extended, 5s, 1920., 105 ! | 106 110 5th, 7s, 1888 i 1st, cons., gold, 7s, 1920; 118 V 119 i*3*i** 132**1 Ask. 1911.! 123-*2 ; Mich.Cent.- Cons.7s, 1902 *^*-0 .. iiob 112 112 110 3-65s, 1924 Registered Funding 5s,' 1899 _ 1QU(1 Land grant, 3 bs, S.A... E.T.Va.AGa.—lst,7s,1900 1st, cons., 5s, 1930 75 b 27 j 93 b Ches.O.&S.W.—M. 5-6s... 41b 41b — Mex. Cent,—1st, 7s, ...... 55 1*0*3 ** 1*04* 75 25 107 j Penn. R R.—Continued— > Co.—78,1909 Pitt.C.A St.L.—1st, c.,7s N.Y.AM.B’h—lst,7s.’97, 3o ’4 1st, reg., 7s ! Motropolit’n El.—1st,1908;I 109 V109 *114b 116 Vr iK. I 93a4 i IYA 2d, 78.1913 1 \ ' i 2d, Os, 1899 ! 93 Construction, 5s, 1923, J Canal—1st, 7s;*113 1st. ext., 7s, 1891 V j 113 117 I Coupon, 7s, 1894 Den.So.Pk.* Chesapeake & Ohio— Pur. money fund, 1898 6s, gold, aeries A, 1908. 6a, gold, series B, 1908 . 6s, currency, 1918 Mortgage Os, 1911 Distinct of Columbia— BONDS. Milw. * No.—1st, --I1-— " Os, - 1910 Registered, 7s, 1894 — 117 | ! 1st, 6s, 1884-1913 1st, Pa.Div., cp.,7s, 1917 131 *131-4 Mil.L.S.&W.—1st,6s,1921 1st, Pa. Div., reg., 1917. Alb. & Susq.—1st, 7s ... my St.L.—lst,7s,1927 |* Minn.* 103 V Iowa Ext.—1st, 7s, 1909 2d, 7s. 1885 *124^' ! 2d, 7s, 1891 lst.cons., guar.7s,1906 S’thw.Ext.—1st, 78.1910 Registered "‘"Ti'-iv Pac. Ext.—1st, 6s, 1921. 1st, cons., gu., 6s, 1906 Mo.K.A T.—Gen’l,6s, 1920 Registered Reus. * Sar —1st, cp.,7s 132 b General, 5s, 1920 *131 Cons. 78, 1904-5-6 1st, reg., 7s, 1921 84 82 V Cons. 2d, income, 1911.. | Denv.& Rio Gr.—1st, 1900 H. & Cent. Mo.—1st, ’90 46^ 47 1st, consol., 7s, 1910 91 38 b 55 5 6s, deferred : -i Tennessee—6s, old,1892-8 6s, new, 1892-8-1900... Del.* Hud. 102 63 6s| consol., 2d series Manhat.B’ch 78of 1871,1901 -120 1st, consol., guar., 7s..{^122 N.Y. Lack.* W.—1st, 6s 119 Alleg’y Cent.—lst.6s,1922' 47 38 38 6s, new, 1866 6s, consol, bonds 6s, ex-matured coupon. Bid. Del. L. & W.—Confin’d— Morris & Essex—1 st, 7s Ask. 41b series, 1914 ! Virginia—6s, old 106 b 105 SECURITIES. Railroad Bonds. new C’mp’mise,3-4-5-08,1912 South Carolina— RAILROAD SECURITIES. 6s, ! 5 5 82b 4s, 1910-.".- 6s, 1919 Ohio—6s, 1886 32 b! 10 | Funding act, 1900 Wil.C.&Ru.R. Do 117 1893 18 1) 3 Special tax, all classes.. 110 110 115 110 106 112 115 Bid. SECURITIES. | Tennessee—Continued— N. Carolina—Continued— New bonds,. J.&J., ’92-8 75 Ask. Bid. SECURITIES. 63W 103 V Ex-matured coupon 84b Missouri—6s, 1886 08, due 1889 or 1890.... A syl’m nr TTniv,, dlie ’92 9 Funding, 1894-95 Hannibal * St,. .To., ’86. New York—fis, reg., 1887 6r( loan, 1891 1 6s, loan, 1892 82 b 105 Ask. Bid. SECURITIES. Ask. 98 93 95 00 95 b (Mil. L. Sh.& W.—Incomes 101 I Mob.* O.—lst,prf., deben. 105 105 b 2d. pref., debentures 110 b 3d, pref., debentures ! i 4th, pref., debentures 100 08 99 ;N.Y.Lake E.AW.—Inc. 6s 08 b 99 N.Y.P.A O.—lst,inc.ac.,7s Ohio Cent.—Income, 1920 — * 70* * 25 25 *15 80 55 25 .. ...... ioi** 1*0*6 ; • 105 106 102 b 74 76 3 7 34 53 b 51 j 51 .... 97 b *97 98 .... 5**i 22" Min’l Div.—Inc.,7s,1921 Ohio So.—2d inc., 6s, 1921 Ogdens.* L.C.—Inc.. 1920 PeoriaD.AEv.—Inc., 1920 Evansv.Div.—Inc., 1920 Peoria* Pek.Un.—Inc.,6s Rocli.A Pittsb.—Inc., 1921 Rome W. * Og.—Inc.. 7s. ^So.Car.Ry.—Inc., 6s, 1931 iSLL.AI.Mt.—lst,7s,pr.i.a. 1 1st. L.A.& T. H.—Div. bds. **2*6*’ 35*" .. **46 33 34 45 -- * .... Quotations In Boston, Insurance Stock List. [Prices by E. S. Bailey, 7 Pine Bank Stock List. * Par. Marked thus (*) are National. not America* Amer. Exchange Broadway Butchers’ & Drov’s’ Central Chase Chatham Chemloal Citizens’ City Commerce Continental Exchange*.... East River Eleventh Ward*.... Corn Filth Filth Avenue* First Fourth Fulton Gallatin Garlield German German American*. Exchange* Germania* Greenwich* Hanover Imp. & Traders’ Irving — Leather Manuf’rs’.. Manhattan* Marine Market Mechanics’ Mechanics’* Trade’ Mercantile Mercnants* Merchants’ Excb... Metropolis* Metropolitan Murray Hill* Nassau* New York New York County N. Y. Nat. Exch Ninth North America*.... North River* Oriental* Pacific* Park . i I People’s* Phenix Produce* Republic 8t. Nicholas* Seventh Ward Second. Shoe* Leather j State of New Ybrk* Third Tradesmen’s Union United States Wall Street West Side* Bid. 100 100 118k 280 25 25 120 100 100 25 100 2000 lI’I’I 25 100 250 100 115 100 110 160 100 25 25 100 100 400 100 100 117 iiT* 30 112 50 150 100 75 100 100 25 100 142 100 256 50 100 150 50 100 100 140 25 131 25 100 1*15 ’ 12*6** 130 50 90 50 100 22 24 k 100 100 125 180 50 100 140 100 100 100 70 100 k 30 25 60 ICO 100 25 142 20 100 50 120 100 122 100 111 SO 100 100 100 110 100 106 100 40 ssyioo 1155 50 150 100 50 100 Par. COMPANIES. Ask. 50 American Amer. Exchange... 100 25 Bowery 25 Broadway 17 Brooklyn 20 Citizens’ 70 City 100 Cl niton 50 Commercial 100 Continental 40 Eagle.100 Phnpiro City 30 Exchange 50 Farragut 17 Firemen’s 10 Firemen’s Trust— 100 Franklin & Emp.. 100 German-American 50 Germania 50 Globe 25 Greenwich 100 Guardian 15 Hamilton 50 Hanover 100 Home 50 Howard 100 Irving 30 Jefferson Kings C’nty (Bkn.). 20 40 Knickerbocker Long Isl’d (B’klyn) 50 25 Lorillard Mauufac. & Build.. 100 25 Meeli. * Traders’ Mechanics’ (Bklyn) 50 50 Mercantile 50 Merchants’ 50 Montauk (Bklyn.).. 50 Nassau (Bklyn.) ... 37 k National 35 N. Y. Equitable N. Y. Fire 100 50 Niagara 25 North River 25 P.acific 100 Park 20 Peter Cooper 50 People’s 50 Phenix 25 Rutger’s 50 Standard 100 Star 100 Sterling 25 Stuyvesaut 25 United States 10 V7estchester Williamsburg City. 50 I,250 , . . ... GAS COMPANIES.* Par. Brooklyn Gas-Light Citizens’ Gas-L. (Bklyn). Bonds Harlem Jersey City & Hoboken.. Manhattan Metropolitan Bonus Mutual (N. Y.) Bonds Nassau (Bklyu.) Borip New York 30 Bonds Bonds Williamsburg Bonds Metropolitan (Bklyn.)... Municipal Bonds Fulton Municipal Bonds Equitable Bonds - Boston & Providence—7s Burl.* Mo.—Ld. gr., 7s. Conn. * Passumpsic—7s. Connotton Valley—6s , 125 106 220 60 105 120 120 130 124 55 60 50 40 116 200 S3 100 75 100 123 210 90 11080 112 60 30 105 112 63 00 97 105 145 80 145 75 120 107 165 100 140 105 130 115 105 110 150 90 155 85 I M * 100 1st mort Bklyn. Crosstownlst mort. bonds. 1st '— 100 100 mort. * ,1.vv. 1,000 rj.rnv.—otK Lonsol. mort. bonds 100 Bonds 1,000 —y “ 1st mort., consol... Scrip Eighth Av.—Stock.. Scrip 42d & Gr’nd St.F’ry—Stk 1st mort Houst.W.St.&P.F’y—Stk 1st mort Second Av.—Stock 3d mort 100 1st mort Twenty-third St,—Stock. ’ This column 100 500 100 1,000 uiul'b mort 1,000 100 Third Av.—Stock 1st 100 500*c. 100 100 100 100 i;ooo 1,000 Consol Sixth Av.—Stock 1st 100 1,000 mrist’pli’r&lOth St—j 1,00.0 100 1,000 snows 900,000,J. * J. 41 10 88 91 101 Central—7s England—6s.. 7s N. Mexico * So. Pac,—7s Pueblo & Ark. 110 135 120 100 57 57 120 last dlvidond on stocks, but ., , X ** * 40 i 12 126 125 225 6a Fitchburg 1 Street.] Ask. Bid. 87 V Gulf Preferred 80 38 Iowa Falls & Sioux City. Kan. C. Springf. & Mem. Little Itock & Ft. Smith. Louisiana* Mo. River.. Preferred Maine Central Manchester* Lawrence. Old Colony .'...i Portland Saco * Portsm. Rutland—Preferred 265*' 282 123 106 120 90 160 83 106 100 140 110 96 108 156 110 96 105 25k Worcester* Nashua 1st preferred 2d preferred Delaware* Bound Brook East Pennsylvania Elmira & Williamsport.. Preferred.... Preferred Lehigh Valley Preferred Little Schnylkill Mineliill & Sell. Haven... Nesr iquehoning Valley.... Nor[•folk & West’n—Com. Preferred Northern Central.... 144 1« West West 116k Schuylkill Nav., pref... Jersey Jersey * Atlantic.. CANAL STOCKS. 35 38 k 18 61 50 125 15 50 49 122 113k 190 101k 106 •• 54 10 60 k 61 521-j 52 k 57 7, 49 68 *4 Shamokiu V. & IVtts.—7s Shcn. Val.—1st, 7s, 1909 Gen’l 6s, 1921Income, 6s, 1923 Income, 5s, 1914....---- 90 S9k 100 80 123 k 122 k1 | 120k 121 102k' | I 99 k 111k 118 33 38 95k 96 118k. 119 *120 Sunbury & Erife-lst, 7s. 96 69 W.—1st, 5s Sunb. II az. & 2d, 68,1938 Syr.Gen.* Corn.—1st. 7s. 103 i'05* 77 Titusy.—1st, 7s. United N. J.-Cons.bs, 94 Cons. 6s, gold, 1901.... Cons. 6s, gold, 1908.... - old, 1923...- Cons. 6s, 1909....---W. Jersey & Atl.—1st,bs,C. Western Penn—6s,coup. 6s, P. B., 1896 ....... — Gen., 7s, coup.. 1901 CANAL BONDS. Ches. & Del.—1st, 68,1886 Leliigli Nav.—bs.ieg., 84. Mort. RR„ reg., 1897 Cons., 7s, reg., 1911--- Pennsylv.—bs, cp., 1910.. Schuylk. Nav.—1st,6s,rg. 2d, 6s, reg., 1907 100*4 114 116 114 113 106 106 k 103 106k 81k lU5k 114 k 117 118k 85 103 k i'04" 78 80 BALTIMORE. RAfLR’D STOCKS. Par Atlauta & Charlotte... Baltimore & Ohio 100 1st pref 2d pref 50 65 k 160 174 135 125 9 50 * 50 50 Maryland 50 14 15 k Western To* RAILROAD BONDS. Atlanta & Chari.—1st Inc 108 k 109 197 Balt.&Ohio—6s,/85 A.&O Cen. Ohio.—6s, lst.M.&S. 3 107 11 Chari. Col. * Aug.—1st.. 2d Cin. Wash. & Balt—lets. 2ds 3ds Columbia* Green v.—lsts 2ds 11 45 No.Central—6s, ’85, J.&J. 6s, 1900, A. & O 6s, gold. 1900. J.&J 5s, Series A os, Series B 117k Pittsb.&Con’ells.—7sJ *J Union RR.—1st, gua.J*J Canton endorsed 102 k :o3 Virginia & Teim.—5s 117 95k Per share. 85 oik 108 92 97 k 63 30 95 97 57 k 58 k 102 107 88 k 97 62 k 116k 116 102 k 100 122 121 2d, guar., J.&J 2d, guar, by W.Co.,J.*J. 6s, 3d, guar., J.* J Wilm. C, * Aug.—6s 107k Md.—6s,‘ lsV, 'g.V J.&J. t In default. 116k 115 8s W. Wil. & Wemou—Gold, 7s. r 134k 122 60 59 102 k 103 122 127 107 106 Cons. 6s, 1921 1st. Tr. 6s, 1922 Ex-dividend. Pitts. Cin. &St.L. <s— Pitts. Titus. & B.—7s,cp. 02 Parkersburg Br 51k Central Ohio—Com . Allogh. Val.—7 3-10s, ’96 7s, E. ext., 1910 Inc. 7s, end., coup., ’94 Ashtab. & Pittsb.—1st,6s 1 st, 6s, reg., 1908 Belvid’e Del.—lst,6s,1902 2d, 6s, 1885 3d, 6s. 1887 Bell’s Gap—1st, 7s, 1893. 1st, Hs, 1905 CoiiroI., 6s, 1913 Buff. X.Y.& Phil.—1st,6s 2d, 7s, 1908 * Scrip, Conv., 7s, R. C., 1893-* Conv. 7s, cp.off, Jan., 80 Pliil.Wil.* Balt.—4s,tr.ct .. 40 120 85 88 1st, 7s, 1899 Pennsylvania RAILROAD BONDS. 260 117 151 aAj. Conv. Scrip, Debenture coup., Gen., 4s, 3:j4 82 C'|uq7 Union & 3k 112 114 2d, 7s, coup., *-893. Cons., 7s, reg., i9Il -~- § 117 k !H7k Cons., 7s, coup., 1911105 Cons., 6S, g., 1-K Imp., 6s, g., coup., 1897 71k Gen., 6s, g., coup., 1908 Gen., 7s, coup., 1908 ... 49k Income, 7s, coup., >896 39 k Cons. 5s, 1st ser.,c.,l 922 Cons. 5s, 2d ser-.c;» 1933 bs,1905 Consol., 6s, 1905.. 38 k Leliigli Navigation N.y—1st 1910.. Phil. & R.—1st,bs, Tex. & Pac.—1st, 10 k 108 k 114 104 Pref Philadelphia* Erie. Phi la. Ger. & Norristown Phila. Newtown & N.Y.. Pliila. & Reading Phila. Wilm. & Balt Pittsb. Cin.& St. L.—Com. United N. J. Companies.. 105k 17 k 120 Plnl.&Erie—2d.7s,cp., 88 Cons., 6s, 1920 Cons., 5s, 19-9- Warren & F.—1st, 7s, 96 West Chester—Cons. , s.. Wr. J ersey—1st, bs, cp., 9b 61 51 Pennsylvania 143 121 137 116 193 date of maturity of bonds. 10 :*s 10 llo Jbo PHILADELPHIA. RAILROAD STOCKS, t Allegheny Valley Ashtabula * Pittsburg.. Preferred Bell’s Gap Buffalo N.Y. * Phil Preferred Camden * Atlantic Preferred Catawissa Pennsylvania 105 265 84 10 17 Westchester—Cons. pref. 115 302 113 185 113 144 10k Preferred 112k . * 69 North - V 9 IO" Summit Branch Vermont & Mass 111 171 105 220 112 165 112 167 160 - 17 Huntingd’u & Broad Top 210 , 99 120 117k Porkiomen—1 st, Os.cp. 87 188Vn**i«Q3*'i 98 i Wisconsin Central 130 90 110 120 109 k 17V Marquette. Preferred Fort Scott & -j 108 48 109k 122 125 ‘99 Phila. Newt. & pref.j 3 115 iuc.,6s, 1933.. Oil City*Chic.—1st, bs.. Oil Creek—1st, bs, coup.. — - 75 k Flint & Pere Y.Phil.* Nor.—1st, bs Pounsylv.—Gen., bs, reg. 8 Gen., 6s, cp., 1910..-..167 k Cous., 6s, reg., 190o.... 107 Cons., 6s, coup., 190o... 166 k Cons., 5s, reg., 191J170*' Pa. & N. Y. C.-7s, 189b. 106'* 7,1906 ---------VJ7 75 Chic. & West Michigan.. Cinu. Sandusky & Cleve. reg..---- 76 k 76k Boston & Lowell. Boston & Maine Boston* Providence.... Boston Revere B. & Lynn 6s, Norfolk & WTe8t.-Gen.,bs X. R. Div., 1st, bs. 1932 98 Eastern, Mass Cons. 5s, 1895...-------I tliaca* Ath.—1st, glib ,7s Leh.V.—l8t,6s,C.*R.» 98 2d, 7s, reg., 1910 ...... Cons, bs, C.& R-, 1923.. 91'k N. O. Pac.—1st, bs, 1920. ioik; No. Peun.—1st, 6s, cp., 8o 118k 2d, 7s, cp. 1896 Gen., 7s, 1903 118 k Val.—7s.. Lansing* No., perpetual. v -------- bs, 1883- Debenture STOCKS. Atchison & Topeka Atlantic & Pacific Boston & Albany Det. 5s, 41k 10 k Ogdensb.& L.Cli.—Con.Gs i Mexican Central... Nashua & Lowell , N. Y. & New England ... Northern of N. Hampsh. Norwich & Worcester...i Jan., 1888'J05 Nov. ’841162 500,000 Q.—F. 2 600,000; Q.—J. lk Oct. 1, ’841150 Nov..19221110 250.000 M.&N. 6 Oct, 1, ’841141 1,800,000 Q.—J. 2 7 1,200,000 J. & D. ,Dec., 1902|119 ’84|l32 650,000 Q.—F. lk Nov. 7 Oct,, 1898'] 10 O. 250,000 A.* 1,200,000 Q.—F. •2 k Nov. ’841190 June ’931114 900,000 J. & D. 7 Feb., 1914 101 1,200,000 F.& A. 6 ’84 240 1,000,0001 Q.—J. 2 k'Gct. l.OOO.OOO! F * A. 6 Feb., 1914 104 4 ’8 4 245 Oct., 748,000 Q—F. April ’93 112 236,000 A.&O. 7 Nov., ’84 146 250,000! Q.-F. 2 J uly, ’94 111 600,000 J. & J. 7 July, ’84 133 1,962,000 J. & J. 5 April ’85 100 k 150,000'A. *0. 7 May, ’88 105 L,050,000; M.&N. 7 5 N..\\, ’84 160 1,500,000 M.& S. Inly, ’90 110 500,000 J. * J. 7 Nov., ’84 295 2,000,000 Q.—F. 6 Jan., ’90 111 2,0009)00 J. * J. 7 Aug., ’84 178 600,000 F.& A. 4 7 May, ’93 110 250,000 M.&N. 100 100 §99*4 Tiicnitift N. Y. & N. Easton&Amb’y—os, 19-0 El.&Wmsp’t-l st,6s, 1910 i'19” 120*’ [H.&B.T.—1st, 7s, g., 1890 S.p’d & Mem.—6s Mexican ; 104k 107k 108 st, 7s, 1888 East §160 175 108 155 90 £0 50 110 120 120 210 ’841 24 34 J uly, July, 1900 109 Oct, 1, ’84;109k June,19041104 ’841216 Nov. Jan., 1S02108 '841160 Oct., 700,000, J. & J. 7 100 2,100,0001 Q.-J. 2 1,000 1,500,000! J. &D. 5 10 2,000,000! Q.-F. 3k 800,000!J. & T. 5 1,000 100 200,000 A.&O. 4 400,000'J. & J. 7 1,000 1,000 jI Del. &Penn.—1 Bound Br.-lst,7s 112 [Quotations by H. L. Grant, Broker, 145 Broadway.] 1st mort. ir’dway & 1st mort. K. City Metropolitan I §10 H arrisb’g—1 st, K. City Lawr. & So,—6s.. K. City St. Jo. * C. B.—7s Little R. & Ft. S.—7s, 1st 125 V Amount.! Period ' 5$ 106 83 k Mort,, 6s, 1889...------Cam. & Atl.—1st,7s,g., 93 2d, 6s, 1904 Cons., 6 p.C-.-- —•••;;• [Cam. & Burl. Co.—6s, 97. ; Catawissa-1st, 7 a,con. c. Chat. M., 10s, 1888 | New 7 s, reg. & coup - ~ ;Connoct’g 6s, cp., 1J00-04 Cor.Cowan* Aut., deb. bs, Delaware- Os, rg.& cp.,V. 18 115 k 116 116 East’rn, Mass.—6s, new.. Fort Scott & Gulf—7s Marq. Hough t’n & Onton.' Date. Cam. * iYs” Nebraska, 6s. Exempt Nebraska, 6s.Non-ex’pt Nebraska, 4s 110 215 130 112 260 67 111 100 205 25 2,000,000 Var’s I 5 |N’r 10,’84 12 87 Julv 1, ’84 20 Var’s '3 259,000 A. & O. ' 3 k S g F., ’99 107 1,000 50 2,000,000 F.& A 3 |Aug. 1/84 1 5 20 I 756,000 J. & J. 7k July 1, ’84 135 l * Inpt 5 Oct. m 50 :4,000,000 Var’s 3, ’84 255 100 12,500,000 F.* A. 5 Oct.l4,’84|227 107 1902 700,000 F.& A. 3 1 1,000 2 k Oct.10,’84 120 100 3,500,000 Quar. 104 1902 1 000 M.*N. 3 2 25 ; 1.000,000 Var’s Sept, 1/84 115 Var’s 700,000 M.&N. 2ia Nov.1,’84 88 100 ■4,000,000; M.&N. 5 I XT) v. 1/84 155 10 11,000.000 J. & J. 3 (Dec.15/84 80 1,000 ! 400,000 M.&N. 3 V Nov. 1/84 104 97 3 I Oct. 1, ’84 Var’s I 100,000 J. & J. 50 1,000,000; Quar. 2ia Oct, 20’84 135 106 1900 1,000 !1,000,000 A.& O. 3 ; 3 100 l.OOO.OOOj July 1, ’84 94 5 Ocr.3, ’84 205 100 3,000,000; Var’s 106 1888 1,000 ; 750.000IM.&N. 3*2 Oct, 15/84 153 3 100 13,000,000 107 1900 I 300.000; j. & j. 6 94 100 2.000.0001 102 1900 1.000 ! 1,000,000 A. &0. 6 : People’s (Bklyn.) 150 110 150 180 170 145 120 125 80 235 245 80 100 108 85 70 140 100 140 170 160 135 110 120 50 230 235 75 90 103 75 .. Buff.Pitts.* W.-Gen.,6s Amboy—6s, c., 89 122 §113 Topeka—1st, 7s. Atch. & Ask. Bid. Railroad Htockg and Ronds. [Gas Quotations by Geo. n. Pkextiss & Co., Brokers, 49 Wall City Gns and BOSTON. PRICE. PRICE. Ask Bid. SECURITIES. Ask. Bid. SECURITIES. St.] Philadelphia and Baltimore. 1 New York Local Securities. COMPANIES. 703 THE CHRONICLE. 20, 1884.1 December 108 117 § Last price this week. 704 THE RAILROAD Latest Roads. Week KL.RCk&FtSmih or 1884. * Ala.Gt.Southern, November. 122.041 Atcb. T.<fc S.Fe October... 1,742,0G0 Atlantic & Pac. (October... 150,000 Boat. H. T. A W.jl.<t wk 1 >ec 8,414 Bur.Ced.R.&No.j tstwk Dec New York EARNINGS. Earnings Reported. Mo CHRONICLE. 73,770 1883. * 108,838 $ Average Amount of— 1883. I 1,007.761 Banks. Discounts. 1,519,834 13,594,879 13,060,427 7,045 60,956 410.461 2,581.784' 310.712 2,6,5.521 Chicago & Alton 2d wk Dec. 175,033 200,012 8,336,638! 8,453.570 !url. & Q. Chic. Burl. Q. October... 2,683,597 2,742,480 21,189,422(21,370,677 Chic.& East. Ill. ,1st wk Dec 40,226 42,042 l,459.544j. 1,559,469 Chic. Mil.& St.P.;2(t wk Dec.j 510,000 511,315 22,307,000:22,535,069 Chic. & North w., 2d wk Dec. 448,878 411.711 22,381,578 24,16’ ,121 Ch.St.P.Min.&O.;2d wk Dec.| 112,300 116,700 5,558.798! 5,311,103 Chic. & W. Mich. : st wk Dec 22,703 25,618 1,397,8321 1,456,453 Cin.Ind.St.L.&C'. 1st wk Dec 46.340 40.11O 2.270,710! 2,345,539 Cln. N. O. & T. P.lNovember 2 25.268 234.425 2,362,710! 2.361.508 Cln.Wash.&Balt. 2d wk Nov 30,289 36.384 1,531,698! 1,687.788 Clev.Akron&Col 1 st wk Dec 8.106 451.707 8,121 498.169 Clev.Col.C.& Ind October 350,r, 06 398,024 3,119,117! 3,G13,056 Comiotton Val.. September 29,174 32,782 Danbury & Nor. September 21,600 16,725 158,5961 157.316 Denver & Rio Gr. 2d wk Dec. 04,057 130,901 5,708,2 38| 6,578,758 .. 7,793 19,054 21,709 323.097 412,289 16.008 43,774 26,619 36.273 266,231 340.452 Gr.BayW.&St.P. lstwk Dec 7,761 Gulf Col. (feSanFe N »vember. 158,052 Houa.E.&W.Tex Ill. Cent. (Ill.)... Do (Iowa) Ind. Bloom.& W. Ft.8.& Gulf Kan. C. 8p & M. October... 1st wk Dec 1st wk Dec lht wk Dec 4tli wkNov 23,830 287,000 4th wkNov 34,717 15,043 14(5,0"0 76,828 Kentucky CentT 1st wk Dec Lake Erie A W.. September October... L.Rk.M.Riv.&T. October... Long Island La. & 2d wk Dec. Mo. River Inly .. Louisv.&Nashv. 2d wk Dec. Mar.Hough.A O. 4th wkNov Memph. & Chari. October... Mexican Cent... 2d wk Dec. Mex.Nat., NoD</ 4th wkNov Southern Div.jltli wkNov Other lines c.. 4th wkNov Milwaukee & No 2d wk Dec. Mil. L.Sh.&West. 2d wk Dec. 40.200 55,077 57,62- 42,615 41,007 50.200 300,050 6,600 120,245 70,000 11,608 17,576 3,100 0,340 21,125 171,716 "*7,993 25,031 21,399 330.178 455.593 17.086 48,913 27.841 43,391 337,319 332.379; 318,21 i 1,259,267 j 1,503,574 8 12,621 j 710,513; 2,121,777 1,029.870 3.070,06 7 3,359, *'65 687,546 2,402,155 003,843 433,418 1,995.039 35.5,627 2, ^62.007 3,020 977' 3,236,639 881,551 387,433 16,067,042 18,057.203 305,181 9,555 384.050 236,025 1,620.247 1,928.817 37,428 218,316 266,337 276,796 9,605,240 10,294,856 39,750 1,591,1 IS 1,006,106 55,0 -.0 2,501.097 2,770,770 49,583 2,180,6 44 1,792,314 15.113 148,374 1,050,171 865,618 63,022 432,001 49,518 39,682 270,092 52.10" 302.475 15,598 139,153 4*2 6", 26 2 2,797.707 597,531 9,300 10,450 1,057,850 Legal Tenders. $ $ $ New York Manhattan Co Merchants’ Mechanics’ Union America Phenix City Tradesmen’s Fulton Chemical Merchants’ Exch. Gallatin National.. Butchers’ A Drov.. Mechanics’ A Tr... Greenwich Leather Manufrs. Seventh Ward.... State of N. Y Americ’n Exch’ge. Commerce 2.825.100 23 .',300 339,800 182,900 1,322,000 507,000 3,203,000, 1,935,000 6.095.300; 2,881,"00 1,198,700 627.400 2,306.'-00 Pacific 2,072,600 4.734.700 3.271.200 1.379.400 3,056,500 7,841,500 Republic Chatham Peoples’ ... 278,000( 281;500! 1,362,400 6.13r,6()0 305,600 89 i,700 239.200 240,"00 92,500 321.300 1,439,300 733.800) 223,100 153.300 2,130.900 477.300 465,100 162,4 00 516.300 770,000 562.300 414.300 103.900 2,751,800 2.126.100 2,757,000 4,705,300 507.700 30.600 272.400 472,50" 370.100 679,000 440,000 787.200 480,000 260,000 25-,300 3.792.100 1,518,800 Oriental 100,000 1.879.200 Importers’A Trad. 16.914,900, 6,400,5001 Park j 16.354,200, 4,197,300 North River 20,000 1,63:1,000' East River i 1,032,100 134.700 Fourth National..! 12,452,000! 6,365,400 Central National.. j 6,806,000 1,731,000 Second National.. 453,000 1,935,000 Ninth National...! 4.252.400 1,189,000 First National.... 10,021,800 4,149,500 Third National 959.600 4,618.601) N. V. Nat. Excli.. 1.246.200 279,300 311.900 1.945.400 Bowery N. Y. County 1,934.900 248,800 German- Amerie’n. 508.700 2.709.100 Chase National... 472,000 3,18»,500 Fifth Avenue 892.900 2,399,700 German ExclTnge. 108.000 1,6 47,500 Germania 259,000 1.910.200 United States 696,000 3,028,500 459,188 1,023,480 Minn. & St. Louis 'October... 151.576 1,497.029 1,308.435 Mobile & Ohio j November. 280 032 255, <00 1,877.413 1,977.306 Nash. Ch.A Sfc.L.]November. 196,0 H 205.660 2,161.170 2,118 805 N.O.A Northeast November 01,124 39,362 430,7 71 110,987 N.Y. & Nesv Eng October.. 306,002 365,877 2.757.140 3,101,743 N.Y.L. Erie AW. (/October. ..(1,511,159 1,093.468 13,907,571117,252.80 i N. Y. Pa. A O. October... 52 t ,408 628,039 4,6 70,3' >0 5,734,192 N.Y.Susq.AWest (x tober.. 00,049 94,043 8 13,049 840,249 N. Y. Out. AW.. 170,300 170.310 Norfolk A West, [lstwk Dee 69,412 66,168 2,517.048 2,630,549 Shenaudoah V lstwk Dee 12,107 10.610 696,148 811,012 Northern Centr’l October... 510,795 590,749 4,60 4,804 5,142,885 Northern Pacific 2d wk Dec 108.781 104,100 Ohio Central 2d wk Dee. 15,070 17,057 1,056,793 1.038,399 Ohio A Miss 2d wk No\. 82,2 45 08,051 3,569,452 3,999.78 1 Ohio Southern November 48,333 32,656 421,886 323,383 1,425,500 The 1.127.400 281.900 73,100 113,0)0 2.413.400 314.600 292.506 592,000 299,300 "2,600 593,200 29,500 813,901 900,00) 854,001 6,703,000 199.300 681,400 30,5u0 17,302,800 4,852,800 732.300 2,002,200 578,600; 1,325,300 1,00!,800 1.100 254.000 864,000 911,300 2,041,000 1,140,400 4.051,000 12,104,000 225,800 820,000 Total 343,600 8,541,000 133.0"0) 2.396.200 2.130.100 Lincoln Gartield Fifth National B’k of the Metrop.. 8,005,400 2,117,000 2,575,000 Nicholas 450,000 685.000! 14,250.6001 216,200, 1.980.600 181,500 1.665.300 990,7 00' 18,414,000 900,000! 2,692,100 424,800! 3.439.300 259.400 1,081,000 Irving Metropolitan St. $ 10.812,000 8,813.000 271.700 9,"35,000 Citizens’ Nassau Market Shoe A Leather.. Corn Exchange ... Continental tion. 813,700! 298,700! 3.799.300 4,094,000) 1,2 4 7,600; 12.288.200 17.103.700 5.603.200 6.303.700 569,000 855,000 1,298.000: 2,402,5'»0| 12,625,000 Mercantile Nortli America Hanover 2,4S8.000i Circula¬ other than U. S. 2,207.000; 1,343,000 957,800 2,598,600 Broadway Net Deposits 10.U7.000 7.035,000 6,077,800 7,912,000 4.4 36,000 1O.465.S00 2,577,000 7.510.400 2.203.200 1.205.100 14.526.700 2.670.700 4,071,500 1.681,000 730.000 817.709 4,88 4.500 3.635.600 1,688.000 3.250.600 8,705.000 423,001 45,001 5,40( 360,00 325,50 2,730,000 3.339,900 2,401.400 2,624,700 1.977.200 2,977.000 265,000 435,0()d 442,000 3.859.200 2.370,700 2.293 200 154,000 161.500 1.329,600 1,758.000 319.000 576.100 824.300 909.200 173.100 230.500 378,700 147.100 255.300 173,6)10 I 433.000 ... 795,533 311,103 2,682,633 2,634.694 361,759 353.5 12 12,071.532 13,490.501 870.800 801,280 1,106,305 904,438 705,110 237,605 490,819 Specie. 002.834 ... 23,650 Loans an/i * Canadian Pacificj2d wk Dec. 100.000 66.000 5,662.720 5,120.688 Central Iowa 4tb wkNov 20,6s4 30,122 1,300,454; 1,198,866' Central Pacific.. (November. 1,797.000 2,104.639 20,463,131 22,875.062 70.56 4 Chesap. & Ohio '1st wk Dec 70.985 3,312,504' 3,n7J,393 Eliz.JLex.&H.S.;ist wk Dec 12.475 14,G58 708.820| 674,019 Clies. O. & S.W... 1st wk Dec 3G,0 26 28,592 1,273.922' 1,2.24.836 Denv. & R. G. W. 2d wk Dec. Des Mo. <fc Ft. D. lstwk Dec Det.Lans’g& No. 1st wk Dec Dub.&SiouxCity 1st wk Dec Eastern October... E.Teun.Va.&Ga. October... Evansv. <fe T. H lstwk Dec Flint & P. Maro. 1st wk Dec Flor.R’way ty <fe N. lstwk Dec Ft.Worth Den. November Gal.Har.A S.An. September Grand Trunk... Wk Dec. 6 City Banks.—The following statement shows the City for the condition of the Associated Banks of New York week ending Decern her 13: Jan. 1 to Latest Date. 1884. | Vol. XXXIX. 5,4 56,300 1,955,000 62,100 22,4 91,300 21.294.300 1,529,000 880,700 16.271.300 8,742,000 2,332,000 4,976,009 17,197,900 1,340,100 1.213.100 180,000 225,000 300,000 297,000 45,000 45,000 449,900 2,020,900 2,302,900 2,623,500 180,000 3,532,600 2,730,COO 2,193,100 2,315,000 3,235.200 1,629,800 145,800 239.000 150,600 203,490 185.400 011,200 45,000 22 4* 500 45,000 ,, 180,000 44,100 5)27,700 177,800 135,000 1,144,090 3,297,100 290,225,900(86,012,300 38,948,400 330,954,000111.642,600 following totals for several weeks past: are .. 1884. 115,593 131.310 280.821 382.242 2,504,893 2,973,369 Pennsylvania... October... 4,447,547 4,875,348 40,846.646 42,760.255 Peoria Dec.AEv 1 st wk Dee 13.4101 15,046 715.264 673 351 Phila. A Erie ...;October... 301.027! 432,139 3,052,733 3,474,875 Phila.A Read’g/i October... 2,0-10,541 3.531.436 21.093,975 2 4,347.640 Do C. A Iron October... 1,720.623 1,873,592 13.740,574 14,212,445 Bichm’d ADanv. November. 371,27 6 363,704 3,507,014) 3,510,512 Ch. Col.A Aug. November. 84,773 82,021 603,650 750,99 Columbia A Gr. November. 89,548 70,158 606,311! 672,327 Georgia Pac.. November. 72.406 ! 51,101 Va. Midland. November 147.046 122,715 1,474,4*5 j West. No. Car November. 4<>,2 L 9 36,132 402,876 318,253 Rock. A Pittsb’g 2d wk Dec. 23.407 20,116 1,008,867 622,093 Rome Wat.A Og September 184,786 172,848 1,257.092 1,222.288 SLJohnsb.AL.C September 3 1.080 214.646 30,048 207,v>3l Bt.L.AltonAT.H lstwk Dee 22,7.'0 31.804 1,223,380 1,379.715 Do (brehs.) 1st wk Dec 13,473 15.368 692,990 773,727 Bt. L. Ft. S. A W l st wk Dec 10,02 51 456 592 9,3 20 255.75 i Bt.L.ASan Frau. 1-2d wk Dec. 85,200 95,400! 4,452,7" 1 3,675.592 Bt.PaulA Dul’th 2d wk Dec. 19.647! 1.261.387 1,279,4 »9 27,078; Bt.P.Min.A Man. Novembc 84 5.514 878,255 7.449,094 7,695,120 South Carolina October. 146.294 157,351 969.261 1,07 3,‘80 So.Pac.Cal .N D. Scptemhci i .069,0 17 15o,Oil 127,374 06",3 i 5 Do So. Div. i. Septembei 331.052 338,7 17 2,674.620 3,114,361 Do Arizona.?'. Septembei' £0 i.428 148,691 1,363,167 1,8^ 7,6 l 7 Do N. Mex.i. September 70 504 5 10.7 1 7 63,302 * 02,18" Texas A N. Orl’s. September < 0, US 107.074, 610.917 83", 165 Louisiana W'n. September 35,053 62,909 320.251 413,104 Tex.A St. LouisJ]4tliwk N. v 28,356 20,823 j 014,670 Tol. A. A. AN.M (October... 10.211' 24,570 103.103 160,oVj Union Pacific...'October... 2.661,716 2,018.058 21,032.3 0 23,767,858 Utah Central. October... 112.301 868,513' 116,12 073.009 Vlcksb’rgAMer. November.! 4 41,8*57 54,037 50,009 460.697 Vioksb.Sh.APac. November. 21.4 15 55,133; 119.3 43 236,116. Wab. St. L. A 1*. 1st wk Dee 371.000, 370,81 * West Jersey 02,960 O, tuber. ..j 88,232 1,153*6*721 1.0*7*1**156 Wisconsin CentT 1st wk Dec' 31,7191 27,950 1,337,854) 1,356,891 . 1,5*67.749 . .. * Not including I't.ib lines after .Tilly 1. d Corpus Christi to Saitiilo, 397 miles; up to May embraced only 236 miles, Laredo to Saltillo. « Only 136 miles now, but prior to May represented 297 miles. g Not including earnings of New York Penn. A Ohio road. h Not including Central New Jersey in either year prior to June 1. i Included in Central Paoittc earnings above. i Embracing Hues m Missouri, Arkansas and Texas. Specie. L. Tenders.] Deposits. $ $ $ ! $ \Oirculation1 Agg. Clear'gs ! N’v 29 285,514.600 85,273,200 Dec. 6 288,044.sot) 80,494,600 $ $ • 38,150,300 325,825,300! 11,643.400 459,294.007 58,270,400-329,8.0,200 11.587,200 580,370,418 131200,225,900]sp,042.000 38,948,400(330.954,001)111,642,000 5.58,994,372 “ Boston Banks.—Following (October... Oregon A Cal... October... Oregon Imp. Co September Loans. 1884. are the totals of the Boston banks: Loans. Specie. L, Tenders. $ $ $ N’v 29 143,352,600 D’c. 6 144,453,200 “ 13 144,9 35,900 7.326.800 7,450,000 7.547.800 Deposits." $ 7,103,300 93,711,900 Circulation^, Agg. Clear’g$ 23.137,8001 6,841,400 99,8 89,200 -.'3,020,8 !() 6,055,400 101.083,000 23.0b6,40o| 54,078,492 74,428,562 71,926,013 Philadelphia Banks.—The totals of the Philadelphia banks are as follows: 1884. ! Lawful Money. Loans' $ Nov. 29 Dec. 6 13 “ * Deposits.* $ $ $ ! 23,349,500 71,201,577 73,004,417 i 23,363,299 70.562.385 7,921,455 7,902,593 7.877,257 72,002,524 73,203,638 1 23,339,942 70,910,190 including the Item “due to other banks.” Unlisted Securities.—Following are week past: Securities. A sk. Bid. Am. Bank Note Co Atlantic A Pac.—Stock.... West. Div, lstmort Cent. Div 1st., new 18U 7 r’s paid .. .. 7:h Jl. A K.—Now stock Gill Dost. li.T.A West.—St’cf Debentures Butf.- N. V. A Plula Jhef Gent, of X. J.— Oebeiit Continental Const.I mp.Co Denv. A Bio Grande—Con5s Denv.A Rio Gr. W Den. R. G. A W., bt 51.. G uar. by D. A K. (i Edison Electric Light .. .. Georgia Pac.—•■stock 1 st. morr., 6s 2d mort - Keely 51otor Louisv. A X.—AdJ. bond.Mexican National Prof 1st mort Mut.Un —St’ok trust otl> Mo. Pacific—Old stock... M. K. AT.—1 ncniiiis scrip. N. Y. 51. U11. Tel.—Stock N. Y. W. Sh. A B.—stock 8 1 •) 80 8 (New Jersey A N.Y.— Pro* Ohio Cent.—Riv. Div., 1st !5b lb’s 13 j 15 42 j 4D4 20 5 1st limit l 5 IS settlement, 6s St. Joseph A Western I St. Jo. A Pac., 1st mort. 2d 1110:t...... ( i Kans. A Neb., 1st inert. ! 2d mort Texas A Pac.—Scrip lc84. — 6 35 05 10 "0 b 35 3 Vi 75 j Uhl scrip 13 3‘2 . ; i 67 ji ..... 30 40 48 3 4 2 55 . . - • • • 30 78 O 25 ..... 3 ‘27 V» 8 53\ 55 90 3 0 88 30 80 30 33 39 31 sci i]) Tex. A ST. Louis— 51. A iV. Div., ass’t 5 10 New *a 18 State of Tcnn.—Sot’m’t.3s 11 Ask. 77 6 hi Incomes 4 5 Pensacola A Atlantic : 95 1st mort 8 Pittsburg A Western ! 1st inert •V Postal Telegraph— Stock. ! l.it mo11., 6s 7 54 Postal Tel.A Cable—stock Soul hern Tei.—Stock 9 42 42.414 609 Bid. ! Bank.A5Ierch.Tel.—1st 51 Gen. limi t $ 35,363.24 9 52,146,702 latest quotations for a Securities. 66 , 1st 111011., ass’t Clear'gt North. Pac.—Div. bonds.. North Riv. Cons.—100 p.c 8U B’klyn Kiev.—Ass’t pd Bo>t Circulation. Agg. pd... 51. A A. Div., 1st mort.. 0s, 1st mort., in Texas.. i G- n. 1st,ld.gr.A inc.asp. U. S. Electric Light iVioKsburg A Meridian.. Pref lstmort. mort: j 2d 1 ncome.s k, 1 --- 24 Vi 24 18 55 1 Vi 3 Hi 80 50 11 .... 4 8 55 14 1 December THE 20, 1884.] %uvest m CHRONICLE. cut BALANCE SHEET SEIT. 30. 1 SS4. Cost of road Oswego i I rcr a (l Co Funded bonds Bills Bonds and Pittsburg. 235,710 Um aid pay-rolls vouchers 491.000 414.212 Oswego & Rome sink¬ 79.503 47,004 Oscvego & Rome RR. 50,702 Profit and loss on was $595,047 f 90.750 6,54 4 33.000 2.014 18,090—$4.52,053 ‘$79,503 *’ „ 47.004 50,702— 183,329 .$263,724 Long Island. ending Sept. 30, 1881.» s. operating expenses and Sept. 80, In is been com- year piled for the Chronicle 1 Cross earnings Opet a ling expenses $209,1st . . Deductions from income $250,202 $90,203 years $137,2S0 832.0m) 3o,ii3 356.* 5:-: 4:*.5oo $1.000.932 $5 13,039 790,901 422,032 $278,908 $121,007 1,01 ',7t5 $: .0*4.93 1 $1.074,38 1 $1 99.376 $209,059 follows as ; Balance 79.021 73.109 237.05'* 282, Kit; $501,631 $509,750 $100,000 $520.73* Out of which paid for dividends l per cent. Ont: of which odd for personal $ 1 '•< >.» > >< » injuries, 103.545 $.'03.5*5 $1 3.152' Surplus. GENHKAL BALANCE $100,000 $109,750 30.1*81. SHEET SLIT. Assets. opened for business through to Funxsu- 1 8*2-81. Cost of road and equipment $l8.s75,530 Cost of branch lines owned and advances made to leased lines 1.321.777 StocK and bonds of other companies'. 1.90;). 1*2 ) Dm* li\* agents 4 1.459 s ) )ue b\- ot her loads Supplies on hand 5 5. i 01 ('ash on hand 102.641 on the 30th day of September, last year: but it was necessary to keep several ,-const ruction trains still outlie line, as a great deal of construction work was required to be done after that date, in order to got the road in good working order. “The Cost of operating the road tin; first winter was very 1832-83. $13,711,771 1,319,022 . great, owing principally to the severe weather that was experi¬ enced in that section of the country last winter, and also due to the expense required to keep the Bulfalo Division in condi¬ tion between Ashford and Bulfalo. “The rolling stock was found to he wholly inadequate to do the business offered on the line, so that additional rolling stock had to be purchased to the extent of upwards of seven hundred thousand dollars.” The financial transactions of the year in the issue of bonds, and the proposed plan of reorganization, were referred to in the Chronicle at the time they came out, and the latest plan will be found in another column to-day. 1832-83. $2,085,039 $558.15)0 1*82-3. $206,498 >3-8i. 1.0 71.25)7 Interest, less income from assets. 'Faxes Rents * S2.7.XVJ32 Hunters Point and Springfield accidents.. “The road 40.540 $10,493,890 hand Due from agents Cash on hand 488,149 18.83-f. tawney IS,090 ASSETS. Material $278,968 comparative earnings and expenses in the two past were as follows: 2,014 Co ... (For the The 90,750 ing fund payable 700,904 Which leaves a deficit of as tin* remit of the year’s operation of the road. There is to bo added to this deficit tin* $70.ono paid in redeeming ear trust, certificates which matured during the year. The construction work durinv fhe year upon the Buffalo & Pittsburg Division amounted to... and the work upon the Rochester Division amounted to... Net earnings and Actual floating debt taxes, rentals, Ac., amounted to 33,000 0,544 Unpaid dividends $1,080,932 "Which leaves net carnlnrs for the year The charges dining the fiscal year for interest on 1st mort. bonds, on consol, bonds, on* iar trust certificates, ami lor Expenses. 295.047 mortgages. Pay-rolls and vouchers since paid Dividends unpaid Bonds and mortgages on purchased property not used for railroad purposes Oswego Ac Rome sinking fund Oswego Ac Rome Railroad report, which gives the following: Earnings for the fiscal year ending Sept. 30, 18*4: Mail, express, Ac 10,707,390 payable FLOATING DEPT. {For the year ending September -30, 1SSL) Brown, the President, 1ms issued his annual Larr.inf/s- 102,345 debt—consol. $5,293,900 Funded debt Bills $10,493,890 Mr. Walston II. Passengers Freight 57.42 1 se¬ Sundries....' Materials on hand Due from agents Cash on hand REPORTS. The gross earnings were The operating expenses were Rome Niog. Falls Branch RR. The Investors’ Supplement contains a complete exhibit of the Funded Debt of States arid Cities and oftheStocks and Bonds of Railroads and other Companies. It is published on the last Saturday of every other month—viz., February, April, June, August, October and December, and is furnished with¬ out extra charge to all regular subs bribers of the Chronicle. Extra copies are sold to subscribers of the Chornicle at 50 cents each, and to others than subscribers at $1 per copy. Rochester k Ai curities intelligence. ANNUAL $14,979,80! (Capital stock Oswego real estate AND it 705 3.355,742 8-13,84 1 67.139 98,921 $3 0,401,700 $17,457,030 .$10,009*,000 5,712,089 $10,000,009 Liabilities Capital stock Funded debt Pay-r< 11s and supplies and sundry accounts DiviOeuus unpaid ()t her liabilities * } j Rome Watertown & Ogdenshnrg. 250 190 ) 574.079 1,250,000 550,527 $16,464,700 $17,457,03G Surplus * 5,391,019 03°^ 171 3,5)07 Offset by “otherlines leased and operated. (For the year ending Sept. 30, 1884.) From the statement submitted to the New York Railroad M a n Ii a11a n E1 cvat cd. (For the year ending Sept. 30, 1884.) Commissioners for the year ending Sept. 30, 1884, the follow¬ The following statement of the result of operations of the ing statistics are compiled for the Chronicle : Manhattan Elevated Railway for the fiscal year ending Sept. Mainline: Suspension Bridge to Norwood 130,1884, was prepared by the Auditor of the company, and the 280*0 Branches: Lewiston Junction to Lewiston 3*0 figures for 1883 have been added for comparison : Bandy Creek to Syracuse Rome to Richland Watertown Junction to Cape Vincent DeXall Junction to Ogdeusburg 44*2 41*2 24*2 19*0 418*2 Cross earnings Operating expenses Interest on bonds, and rentals . 18^4. 18«3. $0,720,359 $6,380,506 3,88 4,949 3.750,828 $2,811,410 $2,629,078 4.381.713 1,38 1,080 1.170,000 $1,215,598 390,000 $289,697 $855,598 EARNINGS ANI) EXPENSES. Gross earnings Oper.expenses and 1882-83. 1883-81. Increase. $1,077,229 1,318,417 $1,099,515 1.152,749 $22,274 $358,773 $546,706 $187,992 17,010 17,010 $375,783. $503,77 0 75.000 13,552 $300,783 $550,223 $437,903' $522,264 $249. MO $8 4,o 00 1.2*71 1.274 taxes. Net earnings Dividends. Niagara Brandi sleek Fall Paid on account Canyon accident Old claim charged profit- and loss Balance to (lef. $ 437,963 $•>23,538 $137,180 $26,684 Dee reuse. $. . 165.097 •* Di 1883, $390,090 on 1st pref. stock ; in 1881, $195,000 on 1st pref. stock for six months, 3 per cent on Metrop. spick for six months and 3 on ManhatT. consol, stock for six months, t Items chargeable to income account. Note.—All taxes except personal and structure taxes mo included in $187,992 61.447 4 Balance of interest account * $163,865 ’Only nine months’ interest paid on consol, mortgage bonds 1832-33. Operating expenses, 07*8 per cent of earnings. Amount of interest and rentals paid in 1883-81 (after deduct¬ ing income on securities owned) ‘ 1 $505,254 Miles steel rail laid during year i' 10.002 tons) 113*15 Petal miles steel rails Sept. 30. 1884 232*74 INCOME ACCOUNT. Surplus Oct. 1 of previous year Surplus for year ending Oct. 1 • / operating expenses. Deduct: Balance due on 2d prefe'd. dividend of April 1,’82 Amount due Metropolitan Elevated Railway Co. under agreement of dcf.$214.14 0 2*5),697 29,171 855,597 $631,326 $641,451 580,053 1278,993 $361 • July 1. 1884, for divi¬ dends prior to Oct.1,’83. 579,750Actual surplus Oct. 1 Passengers carried $302.45 s $101.26* $362,453 90,702,020 92,124,9 13 THE CHRONICLE. 706 Fitchburg. {For the year ending Sept. 30, 1884.) •Hie annual report says: “Early in the year the New York Central & Hudson River Railroad Company withdrew h^r passenger and freight lines from this road. Our connect¬ ion and pleasant relations with the New York Lake Erie & "Western and the Delaware Lackawanna & Western Railroad companies have been continued, and a new line established in connection with the New York West Shore & Buffalo Railroad. Our various freight lines, running in connection with the three roads named, are becoming well end favorably known, and are sure to secure to us a proper share of the traffic. We have lines of Pullman cars, with new and first-class equipment, running *. Buffalo, Chicago and St. Louis through the West Shore Railroad, and to Chicago by the Eiie. These lines are increas¬ ing in popularity, and we are happy to report that our pros¬ pects for the maintenance of an efficient through route be¬ tween the East and the West are far better than at any time in the previous history of the road. Notwithstanding the embarrassments under which we have labored, the volume of our business has largel)’’ increased ; and but for the unfortunate war in rates, which has waged for a large part of the year just closed, we should have shown much more favorable results.” Statistics for four years, compiled for the Chronicle, are as i follows: OI’ER ATIONS AND FISCAL RESULTS. Operations— 1880-81. 1881-82. 1882-83. 1883-81* 190 190 190 190 Total miles opera tel 2.959,423 3,158,613 3,542,936 2,657,98 t Passengers carried.. 42,854,047 47,628.311 50,607,619 54,622,010 Passenger mileage 2,031,122 2,112,155 1.776,9(50 1,822,262 Freight (tons) moved Fr’glit (tons) mileage 116,708,337 112,948.822 135,787,172 144,210,394 $ $ $ $ Earninqt— 901,753 897,222 816,772 780,055 Passenger 1,775,24 8 1,835,122 1,521.576 1,658,139 Freight 126 034 121,15(5 114,381 123,401 Mail, express, &e.... .. Total gross Operating carn’gs expenses. Taxes 2,561,595 3,980,115 141,327 Total 2,127,437 Net earnings 434,158 2,452,729 2,859,555 118,331 2,858,678 2,045,517 142,394 2,798,157 1,979,009 2,007,886 414,813 2.187,941 670,737 2,131,405 $ 14,843 1882-83. $ 670.737 1883-84. $ 151.796 666,752 INCOME ACCOUNT. Receipts— Net earnings Premiums and rents Total income Disbursements— Rentals paid Interest on debt Other interest Dividends Rate of dividend.... Total disbursem’ts 1880-81. $ 131,158 94,231 1881-82. 161,000 107,000 666,752 58,500 528,392 605,813 777,737 725,252 237,811 115,000 25, DO 315,000 C) 239,572 152,500 230,DM i 77,500 2 16.809 200.000 46,229 297,600 (6) 51.225 297.000 12,332 272,250 (6) (5^) 692,991 735,301 755,889 4 def.104,599 def. 129,458 Mirp.21.848 Balance 731,391 def.0,139 [Vol. XXXIX. may be satisfied at or before maturity, also the furided coupons on same, amounting to $657,100, so the $147,426 of annual interest now being paid on these mortgages and funded cou¬ pons, capitalized at 3*65 per cent, would produce $4,039,068, from which deducting $2,457,100, principal of mortgages and funded coupons, and $339,481, the difference between sinking fund and accrued and unpaid interest on second mortgage, there would be left, after satisfying mortgages, &c., with money borrowed at 3*65 per cent, a balance of $1,242,484 as additional capital without any increase in the amount of inter¬ paid. Assuming that $1,750,000 will be required for a second track, Baltimore to Hagerstown, or say $507,516 in addition to the gain of $1,242,484 from capitalizing the interest now paid at 3*65 per cent, then if this $507,516 can also be obtained at 3*65 per cent, provision will have been made for the addi¬ tional track at an annual cost to the company of but $18,524. Now’, as the road is virtually the property of the city, and as the city can readily borrow the desired amount at 3‘65 per cent, it is believed that it will be wise and judicious for it to place the company in funds to satisfy these mortgages, and to pay over to the company, as the work progresses, $1,242,484, the gain from capitalization.” * * * “ Should these mortgages be satisfied, and the second track provided for as suggested, a new’ mortgage should be made in favor of the city for $4,546,584, made up of the following amounts : First, $2,457,100, principal of the first three mortgages and funded coupons; second, $1,212,484, the difference in capitalizing the present interest thereon ($147,426) at 6 and at 3‘65 per cent, less $339,484; third, $507,516, the proposed new 3’65 per cent loan: fourth, $339,484, the accrued and unpaid interest on second mortgage, less sinking fund. With steel rails under $30 per ton, and other supplies and labor at equally low prices, the present would seem to be a most favorable time for doing this est now “ “ work,’J Wilmington Columbia & Augusta, {For the year ending Sept. 30, 1884.) The report says : “It is a cause of congratulation that the day seems at hand in which the five feet gauges of the various Southern roads will be changed to four feet eight and a half inches, so as to-make a uniform gauge throughout the United States. This alteration, together with change of rolling stock, will require, it is estimated, an outlay of about fifty thousand dollars. It is important, as this sum w’ill be required in cash, that it should be accumulated from the earnings and be set aside for the emergency. There is no similar amount this com¬ pany could be called upon to invest from which it wrould derive a tithe of the advantage.” EARNINGS AND EXPENSES. 1882-3. $195,701 403.415 119,483 Farninqs from— Passengers... Freight Mail, expros-s, &e... Total earnings Operating expenses and taxes 1883-4. $209,292 $269,292 343,189 349,1 89 From passengers From 1'reiulit and express From milk and marketing From mails From miscellaneous sources 32,805 13,955 6,752 1882-3. $259,740 348.580 10,193 5,643 Net earnings... $652,869 513,308 455,384 $205,291 $197,486 INCOME ACCOUNT. 1882-3. Receipts— Net earnings Interest, dividends, &c Total 7 )isbursc)nents - The expenditures in betterments were * • $665,995 $651,164 107,719 399,939 $258,215 $100,527 $254,174 $83,447 earnings as compared with 1883 show a total increase of $11,831 ; total increase in operating expenses, $7,700 ; increase in net earnings over 1883, $4,070. The total increase in the expenses for betterments was $17,079. The track and machinery have not only been fully main¬ tained during the year, but have been very greatly improved. The steel track was extended across the mountain and through Washington County to within one mile of Hagerstown, the distance covered being about miles ; a number of iron bridges were substituted for wood. The report says : “Notwithstanding the general depression in business which lias existed throughout the year, the falling off in the traffic of nearly every railroad in the country, and the fact that the earnings of the year with which comparison is made were $114,015 in excess of any previous year, the Western Maryland has not only held its own, but has slightly increased both its gross and net earnings, which it is believed augurs well for the results which must attend its operations The under more favorable conditions. “ On account of the steady increase in business and in the number of trains required for its accommodation, which is much greater than would be necessary upon other roads with lighter grades, it is generally felt by all who have given the matter attention that a second track upon the Western Mary¬ land is fast becoming a prime necessity for efficient and satis¬ factory operation."’ * * * How this can be accomplished is not apparent at first sight. It so happens, however, that the present mortgages were created w hen a higher rate of interest was current than at present; also, that the first three mortgages of $600,000 each “ 1883-4. $205,291 $197,486 9.903 14,834 $215,194 212,320 $97,73 4 57,600 $96,000 $155,334 $59,860 $153,600 $58,720 i... — Interest Dividends (6 per cent) Total Balance, surplus The operating expenses, including rental1 of of Ilillen Staiion and cost of operating the BalBal¬ timore & Cumberland Valley RR. were 370,236 86,688 $718,599 - Western Maryland. the year ending {For September 30, 1884.) The annual report for the year ending September 30 gives the figures for 1883-4, to which those of 1882-3 are added for com¬ parison. 1883-1. $19.i,945 57,600 Georgia Pacific. {For the year ending Sept. 30, 1884.) This company owns lines from Atlanta, Ga., to Birmingham and Coal burg, Ala., 178 miles ; from Cane Creek, Ala., to Co¬ lumbus, Miss., 83 miles ; from Greenville, Miss., to Jackson¬ ville, 293^ miles, and from Stoneville, Miss., to Sharkey, 22% miles, making 313 miles in all. The Mississippi lines are of o feet gauge. These lines are to be connected hereafter by ex¬ tensions from Coal burg to Cane Creek and from Columbus to Jacksonville. Additions during the year wrere from Eden, Ala., to Birmingham, 31 miles, and from Alta to Cane Creek, 18 miles. The road is controlled by the Richmond & Danville Company. President Johnston's report says: “We find that, all the circumstances considered, the financial results of the year’s operations are gratifying. The physical condition of the road has been carefully looked after, and is improving. The country traversed shows great progress in enterprise and development. A numb r of new towms have been established, and these, along with the older cities and towns, show healthy and vigoous growth. New mines and manufacturing establishments are being opened and projected, and those in existence con¬ tinue to bo operated vigorously. The policy of encouraging and stimulating local development has been and will be stead¬ ily pursued. “The building of several newT branch lines will soon be entered upon. These are short roads leading to minus about to be opened, and they will be built upon terms favorable to this company.” The earnings for the year were as follows: 1883-84. 1882-83. $547,975 Earnings. Expenses Net earnings Per cent oper. expenses 7 to earnings 362,494 $185,481 66*15 171.64* 0 December 20, THE CHRONICLE. 1884.J The income account given is as $185,481 16,503 Ohio leased line, the other 33 per cent of the earnings of that line being paid as rental. The net earnings are correct, and show the actual results to the New York Lake Erie & Western $168,978 Company. follows: Net earnings Extraordinary repairs, wasli-outs Balance Surplus from previous year 20,750 Total surplus $189,728 —Railroad Gazette. GENERAL INVESTMENT NEWS. Buffalo New York & Philadelphia.—The President has issued a circular to stockholders of this company in which he says: “The financial condition of your conipauy compelled the management to issue its circular dated July 30, 1881, askiug the holders of its junior securities to accept a reduction of interest for three years, beginning August 1,1834, on the bonds which they held. The circular (copy enclosed) set forth fully .the condition of your company; and the fund¬ ing proposition therein made to the bondholders has been generally accepted. In order to further relieve the financial pressure it became necessary to extend the payment of principal due on car trusts, which extension has been practically arranged. The iloating debt of your company lias not materially changed since the circular of July 30, aud is about $1,500,000, which has been carried over but must bo paid on or before February 1, 1885. If it is provided for, the company will suc¬ ceed. If not provided for, disaster may occur. To raise this money and save the property intact, as also to insure its future, the manage¬ ment urgently requests that the stockholders, as a measure of self pro¬ tection, subscribe and pay $2 50 pe r share on account of their holdings, to help liquidate the floating debt. In consideration of such payments they will receive general mortgage bonds of the company at par. Upon payment of tlieir subscriptions their certificates of stock will be stamped ‘ Assenting Stock,’ and quoted as such. It is understood that the majority of the bondholders will assent to an equitable representa¬ tion for assenting stockholders in any new company which may be formed, should there be any failure or foreclosure from auy cause here¬ after. The increase in value of stock will doubtless repay the subscrip¬ tion. “The share capital of the company amounts, in round numbers, to $20,000,000, live per cent of which, or $2 50 per share, is about $1,000,000. The holders of the general mortgage bonds now outstanding have accepted the funding plan, and the bonds which it Is now proposed to sell to the stockholders will come under the same arrangement, placing the assenting stockholders upon equal terms as bondholders. The Union terminal bonds which the company own will be made available in settling the balance of floating debt.” Central Pacific.—The gross and not earnings and for ten months are reported as follows : October 1884 Gross earnings $2,085,633 Operat’g expenses. 1,371,675 Net earnings... Cincinnati , / 1833 $713,963 for October Jan. 1 to Oct. 31. 1883 1884 . Net Fixed $l,s<i7,857 1,210,015 Dec. $543,*289 Doe. 327,763 Net earnings $341,363 Dec. $215,526 $627,842 New York & New England.—The directors have chosen W. T, Hart for President and Messrs. Higginson, Leith, Mar¬ tin, Blake and Tower as a Finance Committee. The subject of adjusting the financial troubles of the road has been deleg ited to the Finance Committee, with full power to act thereon. The Treasurer gives notice to the holders of coupons of the first mortgage bonds that he will pay all over-due coupons presentation at his office, No. 241 Federal Street, Boston. payment within thirty days of two instalments of interest on mortgage bonds, being $180,000, together with expenses. In default of such payment the road will be sold within sixty days after the default. A decree was also en¬ tered against the terminal property, but none against the* the first River division. Kiemails News Letter says: “We are reliably informed that there has been actually deposited under the Canda plan, $605,000 first mortgage bonds. $1,025,000 second mortgage, and 18,725 shares of stock. Under the Stevens plan there lias been deposited $723,000 first mortgage bonds and no junior securities, but $530,000 of the $723,000 so de¬ posited was deposited under the original plan, now abandoned, and may be withdrawn.” —With regard to the prior decrees against the Coal Com¬ pany the attorneys, who, are foreclosing the mortgage, si id: The facts are these: Two decrees were obtained, one against the Mineral division of the Coal Company, commanding it to pay into the court within thirty days $550,000. TYis refers to about 4,500 acres of coal lands in Perry County and Athens. Another decree requires the payment within thirty days of one year's interest on a $1,000,000 mortgage on 4,000 acres of coal lands in Perry County, making about 8,500 acres in all on “ the main line of the Ohio Central Railroad.” Ohio & Mississippi.—No further information of the lease of $5,469,473 $7,783,821 and James com¬ October. s —July 1 to Oct. 31, 4 mo's.—* 1883. 1834. 1883. $241,145 $249,507 $915,764 expenses. 149,858 162,441 582,532 $936,032 572,630 earnings.... $91,287 $87,066 $363,232 $363,401 50,000 50,083 200,600 200,332 $11,287 $36,933 $163,232 $163,070 Connecticut Western.—A Hartford dispatch’ contains the following information : “ The total gross earnings of the year the total operating expenses $337,488, upon Ohio Central.—The Central Trust Company has obtained a decree against the Ohio Central main line which orders the $1,139,714 4881. Surplus . 1884. this road to Baltimore & Ohio has been received. expenses charges $2,111,140 1,567,778 of October 12,987,502 months. Operat’g Month 18^3. $2J,77i.323 and fixed charges for October, The earnings are from transportation only, miscellaneous income being added to profit and loss account at end of each six Gross earnings Gross earnings Working expenses $18,666,134 13,196,656 and for four months of the fiscal year, were as below. , / $2,496,091 1,356,377 Indianapolis St. Louis & Chicago.—The parative earnings, 707 A special meeting of the directors of the Ohio & Mississippi was held, Sloan, Jr., F. Harrison Garrett and Edward Higgins resigned from the directory. James Sloan was elect¬ ed to fill an unexpired term and F. P. Dimpfel and William Morrison were elected to fill the places of Messrs. Garrett and Higgins. An agreement has been arrived at between the London and the Baltimore & Ohio interests, and it that all will co-operate harmoniously in the future. “ is believed Oregon Pacific.—A dispatch to the Tribun°, Dec. 15, said: The Oregon Pacific Railroad Company has almost completed the first branch, only a few miles now separating the ends of the track. The branch is about eighty miles long. It extends from Corvallis, in the Willamette Valley, to Yakima Bay, on the Pacific Ocean. Its completion will open an important out¬ let for the entire western part of Oregon, and will give the first through connection from the East with tidewater in Oregon. Surveys for the Oregon Pacific Railroad Company the Cascade Mountains, to connect with the leaving a deficit of $3,662. The statement of operating ex¬ Oregon Short Line of the Union Pacific, have just been com¬ penses showed that there had been paid out for repairs to road and bridges the sum of $82,606, which are considered perma¬ pleted, and the maps have been gent to the company’s office in New York. The Oregon Pacific will connect with the Oregon nent improvements, and explaining the small deficit. The Short Line at a point fifty miles east of Huntington, and at no annual report said : ‘ We believe the property has demon¬ place will the grade exceed 110 feet to the mile. The distance strated its self-supporting condition, and that for the future a from Yakima City to this junction will be 425 miles.” net result to the advantage and profit of the stockholders can Pacific Mail SS. Co.—The directors of this company decided be reasonably expected/ ” to pay the company's obligation to the Panama Railroad Com¬ Fort Worth & Denver City.—The monthly report of earn¬ pany, which amounts to about $800,000 and bears 7 per cent ings for November is as follows : interest, but it is stated that the Panama company will insist Gross. Net. upon maintaining the present contract, which calls for pay¬ 1384 $36,273 $18,979 1883 43,38L 26,878 ments by the Pacific Mail Company of $20,000 a month. Port Jervis & Monticello.—This railroad was placed in the Decrease $7,103 $7,899 hands of a receiver on Saturday, Dec. 13. The company was Louisville & Nashville.—The announcement comes from the office of the Louisville & Nashville Co. to the effect that recently defeated in a suit instituted by Jacob E. Idle, a former Judge Dykethe company sold the 50,000 shares of stock in its treasury, of employe, and a verdict for $7,500 was returned. man, of White Plains, appointed Frederick J. DePeyster, which the sale was authorized at the stockholders’ meeting on of New YTork, as receiver. Oct. 1. Of the $5,000,000 6 per cent 10'40 adjustment mort¬ Quincy Missouri & Pacific.—A dispatch from St. Louis says gage bonds, $1,860,000 had been taken, the balance, $3,140,000, remaining in the treasury. It will be remembered that the the Quincy Missouri & Pacific Railroad Company has tiled in the United States Court an application that the receiver of the company offered the stock at 26 and the bonds at 66, realizing, Wabash be empowered to release them from the terms of the therefore, about $2,500,000 in money. ’ existing lease between their road and the Wabash, on the Nashville Chattanooga & St. Louis.—The gross and net ground that the latter has not carried out the terms of the earnings for November and for the five months since July lease, and they desire to form an alliance with another com¬ 1, in 1884 and 1883, have been as follows : pany. were $333,835 and for a line across .• , Xovcmber. 1884. 1883. J-o m.July 1 to Nov. 30.—* 1884. 1883. Rio Gramle & Pecos.—The property and franchise of this railway, extending twenty-seven miles from Laredo to Santa Operating expenses Tomas, Texas, were Fold at auction Dec. 17 for $100,000 to Charles B. Wright. The s Je was by order of the trustees of Net earnings $32,356 $91,378 $139,830 $183,369 the mortgage and in the interest of the bondholders. Interest ami taxes 57,024 235,812 276.361 55,373 Rochester & Pittsburg.—The circular from the second Surplus $25,332 $36,000 $154,038 $207,008 mortgage bondholders’ committee (Messrs. Adrian Iselin, Geo. New York Lake Erie & Western.—The statement of gross W. Parsons, Walston H. Brown and Adrian Iselin, Jr.) is dated and net earnings for October, the first month of the fiscal New York, Dec. 12, and states that the parties holding second year, is given below, and the gros3 earnings include 68 mortgage bonds as collateral security proposed to purchase per cent of the earnings of the New York Pennsylvania & these bonds for the amount due to them, and agreed also to Gross earnings $196,001 113.615 $205,663 114,232 $1,015.989 $1,016,906 576,103 533,537 THE CHRONICLE. 708 subscribe .$500,000, unconditionally, to the stock, which is to be sold according to the terms of the new agreement. Your directors have thought it for the interest of the stock¬ “ [Vol. XXXIX. LI AIU LIT IKS. Bills n:iyaM*1 In- Jane 39, i ss g 1 -8 1. $'.20 ..533 $■>.7 5 {,778 30, De¬ ere ise. $ 357. 52 crease. $1,1-21,754 pavaino this proposition, and have sold $1.8-»9,O00 Accounts 00.0 ii 1,90 >.990 1,9< 9, .72 P-iy-rolls and vo ichors... second mortgage bonds, with August coupons on, for $G98,23b, Dividends nupui l 79,303 83,881 4,518 535.532 740,000 1,270.18 > this being the amount of the loans, with interest to Dec. 12, Roup’s due and unpaid 32 090 32.no ) Called b aids which they secured. “The following is the substance of the agreement: Totals $13,110,02 ) $L1,219,815 $1,309,205 The new company is to have a capital of $5,000,000 common stock: ASSKTS. $4,000,000 first preferred stock; $3,Oi >0,000 second preferred stock $1,192,070 $525,237 $ $300,833 Both the first and second preferred stock to he entitled to 0 per cent Cash. 2.072,353 19,330 2,091,739 dividend per annum, when earned and non cumulative. The $ >,000 Company stocks au t bds. Sink*Ms. in bauds of trus. 32,001 32,0 >0 common stock to he exchanged for the present Rochester & Pittsburg 2.913,41) 3.151.824 2.41.499 Railroad Company stock, one share for four. Any excess of net earnings Bills and aects. receiv’bl. over 0 per cent on hotli preferred and common stock to be divided pro Totals. $100,030 $5,209,842 $0,103,800 rata bet ween the different classes of stock. “So much of the first preferred stock as is necessary shall be ex¬ $1 703,168 Not debt $0,900,177 $5,137,099 changed at par for all second mortgage bonds and boating debt which “About the same rate of decrease ($500,000 per month) was have come under this agreement', with accrued interest to the time of the filing of the certificate of tiie organization of the new company. An equally rapid continued through October and November. There shall bo distributed to the second mortgage bondholders and rate of decrease is not to be expected during the .winter months. floating debt creditors w ho shall have come under this agreement, a bonus of 3«i;i per cent of the amount of first-preferred stock, to which “During the quarter ending September 30, the sum of $488,they shall be entitled, of the second preferred stock. Tin*, balance of the 059 was charged to construction, of which $116,143 was spent first pivferrt d and second preferred stock to be otiered for sale in blacks on extensions represented by additional mileage. All of this of one share of first pi eferred stock and two shares of second prelcrnd expenditure w. s met out of earnings, no bonds or other secur¬ stock for $100. Books of subset jption will be opened at the niliee of Walston fl. brown A I ires., “O Nassau street, New York, Deo. lib and ities having been sold. will close at 3 p. m. Dec. 3l.” “The Oregon Short Linebvas connected with the Baker City This agreement 1ms been signed bv the purchasers of tin.' extension of the Oregon Railway & Navigation Company on *1 ,359,000 second mortgage bonds above mentioned, and ad¬ the 15th of November, and opened for traliic on the first day ditional signatures to the agreement have been made by the of the present- month. No reports a:s to the amount of business holders of $980,000 second-mortgage bonds and $209,000 float¬ at present being done over this rout * have yet been received. ing debt. Aieanwhile, an equal division of all competitive traill :, to and Union Pacific.—Mr. A darns, President of this company, fro, between the East and points reached by the Oregon Rail¬ lias made a special report to the directors under date of Dec. way iSc Navigation Company, has been agreed upon between 17, for tlio quarter ending Sept. 30. This report is analyzed the Union and the Northern Pacific. All danger of rate com¬ in the editorial columns of the Chronicle. The report says: plications in consequence of the opening of a new trans-conti¬ * • “The 30th day of September closed the first complete railroad nental route has thus been averted.*’ present month the suit between “During the the United quarter which followed the change of adm-nistration brought' about by the resignation of President Dillon. I have ac¬ States and the Union Pacific Railway Company, involving all cordingly caused the following ''statement, showing the the issues arising out of the construction of the Thurman financial results of that quarter, to he prepared, as also a Act, has been before the Court of Claims. The argument was The case is now in the hands of the statement for the corresponding quarter of the previous year. closed on the lltli inst. As will he seen, tin* balance of surplus income of the three Court, and an early decision will undoubtedly be reached. It months, after payment of all fixed charges, including (Govern¬ is confidently believed that a complete settlement between the United States and the company under the requirements of the ment requirements and taxes, was $1,002,398, a sum equivalent to 2*G per cent upon the capital stock of the company. It Thurman Act will soon be effected. " From Jan. 1 to Nov. 30, the latest date to which they have should be remembered that the third quarter is generally the been reported, the land sales were reported in the Chronicle. most profitable quarter of the year." 2.5 12.1 r.i holders to accept 2,90 K l 5 .. “ ... .... i sco .mi-:. 1^8 4. 1 =83. <>aar. eiat'rj Earnings (excluding St. -T". A: We.-t.) Expenses ami taxes Income from investments outside (Jaar. ciu/’i/ Sept. 30. $7,317,7 70 4, ! <>5,400 3.1 12.015 $3,7 !'».♦» 16 $ 4,0.1-5,755 70,200 47,002 .$ J,S 10,870 $3,952,757* $1,303,282 : 41. ‘»l 5. 23,030 $1,342.1 1.0 7i.org 7,3L<133,0 o the system.. Total income CM’KNMTI Interest on bonds DiscounthihI interest Losses on securit ies. premiums, Sept. 30. $7,8-5 U >7 0 KKS. Ac Company’sS. F. requirements,sink- fun.I bds.. Interest on sun Iry omuls of operated roads Total expenditures 133,' o> 201.170 31o,472 ,$l.7-<8,735 , $1,833,077 $2,022,0 \ 1 54 '.300 Surplus Less United States requirements. $2,OSS.77U 4M>,381 Net surplus income $l,t 02,39.$1,172,840 The following is a condensed statement of the financial results of the first nine months of the year (Jan. 1 to Oct. 1> as compared with the same months of tiie previous year: f v'->3. Xine Earnimrs (excluding St. months, 1 'S'S-t. Xine months. Jo. A West.) and in¬ $21,082,380 Expenses and taxes (excluding St. Jo. AW.) 10,953,130 $18,591,170 10, SO), 537 Income over expenses and taxes $10,129,519 Expenditures: Int« rest, discount, Josses on securities, sinking fund, Ac 5,1 87,711 $7,732,032 $i,9ll>os 1,193.211 $2,050.1 : 0 858,01 - come from investments Surplus income. requirements United States 5,082,215 $1,192,: 97 225,000 Add received from Trustees K. 1‘. eon. niorf. Total surplus income Dividends declared darim period speeilied. 400,0t(J $3,073,563 $1 592.397 3.1 95.591 1.005,197 $17 7,972 ,T little from that of June 30, except $ >27,20 Sept. 30. differs the items of “ land verv con- tracts cash, &c.," which had been increased Sept. 30 by $2,218.987, and the item of ‘diilis payable," which had decrease i $1,421,751, and these items were balanced on the other side by an increase in “prolit and loss." “Owing to the payment made in June to the Un to 1 Stateon account of requirements under the Thurman Act ($718,81-1); notes then given in settlement of certain long-pending litigations against the company ($331): and notes given lb: sleeping-car equipment, purchased under the contract of Ma,' I, 188i. with the Pullman Car Company ($100,000): in all $1,419,814; the net floating debt of the company had, on June 30, considerably increased over its amount at the close of the previous quarter (March 31). It was decreased during the quarter ending September 30 at an average rate of about $000,000 a month, as appears from the following comparative statement: of Dec. 12. “The pm chase of $1,019.000 of the Union Pacific Land Grant bonds has lecently boon effected. These bonds will i e sold to the trustee under the mortgage, and the company xvill in future be relieved from payment of interest thereon, thereby an annual reduction <>f fixed charges of $73.-430. Of the entire original issue of subordinated income bonds of the Kansas Pacific Railww Co., $715,750 were outstanding effecting “ when the last annual re-port of the company was published". This issue of bonds lias for many years been a source of liti¬ gation. Of the above amount, $155,700 have been purchased July, and are now total cost of $312,519 since the first of in possession of the company. Apart from at a the operation of regular sinking funds, the not aggregate reduction of funded debt effected since July 1, is $1,501,700: making a total debt reduction of $3,207,8(>8 ($1,50-1,700 funded. $1.703,108 floating debt), in addition to that effected through the pay¬ ment of floating debt in October and November, the exact amount of which cannot be ascertained until the books are closed on the last day of the present mont h." Mr. Adams recommends that the proceeds of Kansas Pacific land sales be applied as a sinking fund to the purchase and retirement of the Kansas Pacific consolidated mortgage bonds, instead of to the payment of interest on those bonds. He says that “the Executive Committee have therefore caused a suit¬ able supplementary contract to be prepared. Should it receive the approval of the directors, it will practically con¬ vert the bonds issued under the C insolidated Kansas Pacific mortgage into land grant sinking fund bonds: and as therenow remain some four million acres of the Kansas Pacific land grant unsold, besides outstanding contracts for lands already sold to the amount of $2,791,579, the ultimate extinguishment of these bonds before maturity will in great part he provided ford" —Proposals are sought by Tiusteo'Ann s for any pait of $1,500,000 Union Pacific land grant bonds. Wabash St. Louis & Pacific. —From the London news¬ papers the figures below have been received, and give the only recent information in regard to Wabash operations. The brokers and bondholders of New York are glad t<> get reports of this sort by way of London, and i o doubt t hey respect them all the more on account of their age : but all the ship, it does not appear that they would not he much better satisfied to have the fact s given to them here some twenty days earlier, as they might have. the Tan. 1 to Sr jit. Sejifemher. 1831. os*c:ri)in"R. qior. c-xq-eii.se Net earnings 1 1883. s- 4. ... $1,“2 1.230 1,299,300 $1,737-. 18-2 1,127,589 $ • 2.1 CO.psv 10,0 10.777 $12,117,226 9,£33,723 ‘430,930 $009,593 $2,069,210 $2,278,493 Accordi lg to estimate something like $400,000 1 extra expenses, and this would more paid out i come 39.— 1883. the decrease in net earnings, as above.” have been than over¬ December THE 20, 1884.] CHRONICLE Jlxe Commercial Jinxes. COMMERCIAL COTTON. Friday, P. M., December 19, 1884. .The Movement of the Crop, as indicated by our telegrams from the South to-night, is given below. For the week ending this evening (Dec. 19), the total receipts have reached 258,340 bales, against 289,457 bales last week, 276,300 bales the previous week and 284,692 bales three weeks since; making the total receipts since the 1st of September, 1884, 3,329,548 bales, against 3,214,664 bales for the same period of 1883, showing an increase since September 1, 4884. of 114,884 bales. EPITOME. Friday Night, Dec. 19, 1S84. approach of the Christinas and New Year holidays -controls the character of all business. The weather has turned The 709 near severely wintry in all latitudes, promoting the purchase of seasonable goods. The Exposition at New Orleans has been formally opened, but the arrangements are not likely to be Sat. Receipts at— Jfon. Tues. Wed. Thurs. Fri. Total. sufficiently completed to make it very attractive until early in Galveston 2,593 5,927 800 1,510 2,129 1,075 14,034 January. Reductions in wages continue and some serious Indianola, Ac. 485 485 strikes begin to be apprehended. In some branches the cur¬ Now Orleans... 9,650 25,187 14,556 7,402 19,354 17,618 93,797 tailment of production has gone on, but this action now begins Mobile 1,960 3,495 1,592 1,737 1,551 2,117 12,458 Florida to be fully counterbalanced by the increase of 7,436 7,436 activity in other Savannah 6,435 5,350 6,025 5,53 1 3,768 4,796 31,908 departments of industry, and altogether a general improve¬ Brunsw’k, Ac. 73 73 ment is promised with the beginning of 1885. Charleston 5,059 4,502 3,000 3,147 3,221 3,COO 21,929 The speculation in lard futures has been dull at Pt. Royal, Ac. weakening 1,152 1,132 879 737 values throughout the most of the past week, but 837 837 759 771 4,840 to-day Wilmington.... Moreli'd C.,Ac 629 there was some recovery, and the close was strong at 6*92c. 629 Norfolk 5,312 9,445 4,474 9,312 5,122 3,195 36,860 for January, 6’97c. for February, 7’04c. for March, 7*llc. for West Point, Ac 21,763 21,763 April and 7’17c. for May. Spot lard has been taken freely at New York 84 145 226 398 1,532 439 2,824 the decline, and the close is steadier at 6*85c. for 420 757 462 prime city, Boston 489 949 566 3,643 for prime Western and 7‘25@7,30c. for refined for the Baltimore 1,927 1,927 Continent. Pork has declined and closed at $12 25 25@$12 50 Philadelp’a, Ac. 28 703 21 49 1,756 2,582 for mess and $15 50@$16 for clear. Bacon remains dull at •6@7c. Pickled cutmeats have been fairly active at a further Totals this week 31,338 56,658 32,675 31,541 37,300 68,828 258,340 decline, but close steadier at 6@6^c. for bellies, 5^£c. for For shoulders and 8?4(«>9c. for hams. The slaughter of swine at total comparison, we give the following table showing the week’s receipts, the total since Sept.l, 1884, and the stock to-night, the principal points of the West for the season numbered only and the same items for the corresponding periods of last year. 1,847,471, against 2,090,526 for the corresponding period of last .... .... .... .... ... .... .... .... .... .... .... .... .... .... .... .... .... .... • . • • • .... • .... Beef and beef hams remain nominal. Tallow declined 6c., and was more active. Butter has shown a downward tendency, and creamery is quoted at 20@29c. Cheese is firm Receipts to to ports from Oct. 27 to Dec. 13: Pork, lbs Bacon, lbs I.ard, lbs 18S4. 1883. 6,003,^00 8.157.000 55,248.073 31,512,533 01{,509,291) 43,801,841 Total of aggregate 95,795,011 118,531,140 Brazil coffees have been rather more active Galveston 2,153.200 Dec • . • This Sep. 1, 1834. This Week. .... .... .... Stock. Since Sep. 1, 1883. 1884. 1883. 14,034 362,650 21,410 427,930 Ind’nola.Ac 485 9,005 2 27 7,457 New Orleans. 93,797 969,565 375,919 12,459 153,169 95,590 13,927 980,931 Mobile 182,081 42,427 26,611 100,032 120,363 82,300 81,317 ... Florida 7,436 55,100 1,722 Savannah.... 31,908 571,988 30,575 Dec. 22,736,129 Br’sw’k.Ac. 73 Charleston... 21,929 1,152 on .... 1883. Since Week. • 11,3.0,020 Dec.; 9,202,333 the spot, but cargoes of Rio are at December 19 ex¬ 1881. Deo. .... .... 1884. season. at 9@l3c. for State factory. The following is a comparative summary m *» ■ Pt. Royal, Ac 120,440 ** i 27 22,98 i 511,338 6,472 414,207 13,845 321,736 8,46 53.180 3,232 80,339 7,352 403,611 447,487 63,711 1.273 1,199 9,933 prices favoring buyers, although fair 1,000 still quoted at t)34c. 4,840 2,369 73,837 17,703 The speculation in options lias been Wilmington.. 18,824 629 310 9,238 sluggish, and except for brief periods the tendency of prices M’JieadC.jAc Norfolk has been downward, and at the close of 36,860 33,796 403,179 92,763 to-day’s Exchange 85,778 there were sellers at 7*95c. for December, S’O-lc. for W.Point.Ae. 21,763 216.219 10,326 111,838 10,670 January, S*20c. for February and 8*35c. for March. 2,824 16,562 10,523 Mild coffees have New York... 35,923 172,1*20 259,378 continued to sell very fairly. 3,613 41,655 8,405 Raw sugars were quite active Boston 5S,1S1 6,310 6,185 1,927 early in the week, but have latterly been dull, and close Baltimore 4,023 2,540 5,762 23.730 23,754 18,407 nearly nominal at 4 818 4/gc. for fair to goo 1 refining, with Pliiladera.Ac 2,582 6,779 10.527, 11,174 refined quoted at 6/30. for crushed and o^'c. for standard Total 258.340 3.329.548 247.733 3,21 4 66 1 1,015.403 1,242.411 U‘A.” Molasses quoted at 50@ 52c. for the best New Orleans. Teas showed more speculative activity In order that comparison may be made with other years, we early in the week, standard Japan selling at 22/8c. for March; but the close, give below the totals at leading ports for six seasons. though strong, is quiet. 1884. 1883. 1332. 1831. 1830. 1879. Kentucky tobacco has remained quiet on the spot, and Receipts at— shows but little revival of speculative interest. 14.519 21,657 3S.417 Lugs quoted Galvest’n.Ac. 17,113 29,123 15,573 at 7@8)4C.; leaf, 8V<@10}£c. The clearances of the week New Orleans. 93,797 95,599 66,862 59,947 62,504 69.841 ••••«• ...... ... include 575 hhds. to ISautander. Seed leaf tobacco lias be-01 Mobile 12,458 13,927 15,261 12,030 23.C44 19 630 active, the sales aggregating 1.320 cas- s, as follows: 600 Savannah.... 31,908 30,575 36,602 31,693 31,956 30,458 cases, 1882 crop. Pennsylvania, 4i£@.12c.; 250 cases, 1883 (JhaiTst’n, Ac, 23,081 15,118 crop, 22,639 18,307 26,302 19.603 Pennsylvania, 8@25c.; 120 cases, 1881 crop, Pennsylvania, 5(e) Wilm’ut’n, Ac 5,469 9.7S2 2,709 6,974 5,179 3,380 11c.; 150 cases, 1883 crop. Wisconsin Havana, 16@32}£c.; Norfolk, Ac.. 53,623 44,412 41,122 33,03 4 39,794 23.603 100 cases, 1885 crop. New England, 12@35c., and 100 cases All others 18,485 24.035 21,195 27,743 19,478 20,007 sundries, 4}^@28c.; also 300 bales Havana, 75c.(ft $1 15, and 120 Tot. this w’k. bales Sumatra, $1 30@$1 60. 258,340 247,733 258,170 206,855 237,980 207,601 The speculation in crude petroleum certificates was rather Since Sept. 1. 3329.548 3214.664 3209.539!3032.489 3 >27.664 3012,549 sluggish until yesterday, when an upward movement set in, Galveston inelmies Imlianola; Charleston includes Port Royal, Ac. which was continued this morning, carrying the price up to Wilmington includes Moreheatl City, Ac.; Norfolk includes West Point,Ac 783sc., from which there was a partial re-action, the close The exports for the week ending this evening reach a total being at 76i4c. R -fined unchanged at 7;l4@7;3C. for standard of 177,593 bales, of which 90,160 were to Great Britain, 20,353 test, and naphtha 7L^c. The export movement is compara¬ to France and 67,080 to the rest of the Continent, while the tively light at the moment. Spirits turpentine remained dull, stocks as made up this evening are now 1,015,403 bales. Below but was stronger, with sales at 31}£c., closing to day, how¬ are the exports for the week and since September 1, 1884. ever. at a decline to 31c. Rosins area shade firmer at $1 22 •$1 27^o for common to good strained. Week Ending Dec. 19. From Sept. 1, 1884, to Dec. 19, 1884. The market for metals has presented few features of Exported to— Exported to E i'<>nrts interest, and at to-day’s Exchange pig iron Gee-it Conti¬ Total Great was dull; certificates nomi¬ Conti¬ from— Hr it'n. Fra nee nent. Wee!:. IS ri tain. France Total. nally $10 !.4''tjf$10j;£ hid and $17 asked. Tin opened brisk and nent. strong, closing steady at 15*80@ 10*30o. for spot; sales are 10 Galveston 14,5:0 1,400 12,974 28,900 101,1(57 4.935 51,111 157,213 tons January, at lO oOo.; 10 tons March, at 10*30c.: 10 tons. Now Orleans.. 13,303 14,623 10,700 43,037 275,32, 158,159 170,595 001,074 January,at 16’30c. Tin plates weaker at $4 42$4 55. Cop¬ Mobile 5,344 5,344 i per steadier at 10'90@11!4c. Lead easy for foieign at 4J4(d> Florida Savannah 4’45c. Spelter nominal; foreign offered at 4*90c. 10,187 1,175 24,524 35.880 114.299 9,149 171,415 294,883 Charleston *... 12,14(5 Ocean freights have been more active in 1,031 0,310 20,629 100,093 17,-4371 95,059 219,789 grain shipments. 0,523 38,900 Large engagements were made early in the week at 7d. to Wilmington... (5,523 9,322 40,282 Norfolk+ 11,725. 0,182 17.907 165,909 2,-43 17,009 200,421 Liverpool and 6}£1. to other British ports. Some depression New York 4.12(5, 1,521 3,554 9,201; 193,29^ 22,*99 80,078 201,475 followed, but to-day the Liverpool rate was again firm at 7d. Boston 0,349, 0.319' 55,857 203 5*5,120 with 6/4d. paid to Newcastle, and 7d. to Antwerp; and the Baltimore... 2,300 5,759 72,032 3,059 3,159, 27,305 10-*,987 charters included a steamer to Cork for orders, at 5s. 2,311 Philadelp'a.&c 2,*ll 29,959 2,058 32,008 with sail vessels quoted at 4s. 9 l.@5s., and a vessel to the Total. 90,1150 20,3.13 07,080 177,593 1,177,489 217,072 032,015 2.027,176 Mediterranean at 4s. Od. Petroleum tonnage is in but mod¬ erate supply, but the demand not Total 1883.... 102,63 4; 20,023 28,114 150.770 952,939 229.829 483.409 1 071.228 being urgent, rates rule Includes exports from Port Royal, Ac. Jpw. Ships to Bremen 2s. l}£d.@2s. 3J.; cases to Algiers 17c. + Includes exports from West Point, Ac. more — . . .. . ...... .... i * i i telegrams to-night also give In addition to above exports, our us [Vol. XXXIX, THE CHRONICLE. 710 the following amounts of cotton on shipboard, not cleared, The Sales and Prices of Futures are shown by the follow¬ ing comprehensive table. In the statement will be found the and market, the prices of sales for each month each day, We add similar figures for New York, daily the closing bids, in addition to the daily and total sales. prepared for our special use by Messrs. Carey, Yale ports named. at the which are 02 & Lambert, 89 Broad Street. Shipboard, not cleared-for On Dec. 19, at— OD Great Bi itain. France. Other Foreign Coast¬ wise. < O 8*5. CD Leaving Stock. Total. 48,537 24,308 22,460 14.800 12 000 None. None. 27 180 9,200 None. 582 3(*»8 None. None. 2,000 Savannah 1,950 16,077 40.811 3,800 7.000 Galveston Norfolk New York Other ports Total 1884. Total 1883 Total 1882 1,459 4,000 & o 279,105 23.627 3,500 18,800 44,630 8,100 3.600 20.900 © 953 4,841 22,453 3,114 3,050 47.346 45,417 2,050 None. None. 5,850 166.176 9,000 87,756 55,942 36.669 156.582 35,562 66.137 13.067 14.789 I 972 400 620.131 270.011 273.070 ! the first half of the week under review, a good deal of activity and excitement, attended by a marked advance in prices. There was some improvement on Saturday, owing to the fact that Liverpool yielded less than had been anticipted it would do in sympathy with our decline, and from the effect of the heavy failure at Vienna; and on Monday a movement having the appearance of an effort to “corner" early deliv¬ eries, with January the objective month, caused an irregular advance, followed on Tuesday by an excited and buoyant mar¬ ket. Wednesday was variable, closing lower under sales to realize. Thursday was variable and unsettled, closing slightly lower. To-day there was a renewal of speculative activity and buoyancy. The “bull” party again talked of a small crop and reduced stocks, and the buying for the rise extended to the distant months. As compared with last Friday, there is an advance of 20^29 points. The falling off in the receipts at the ports this week has been largely due to less arrivals at Galveston. Cotton on the spot has continued quiet, with quo¬ tations for the most part nominal. Figures were on Monday reduced l-16c., followed by advances of }%c. on Tuesday and l-16c. on Monday. Yesterday there was a decline of l-16c. To-day there was a fresh advance of 1-lGc., middling up¬ 9 6®ie Strict ord.. Good Ord.. Str. G’d Ord Low Midd’g Str.L’w Mid Middling... Good Mid Str. G’d Mid She 9 9?8 10l4 IO&1 g 103t 1078 liha . 11 *4 Midd’g Fair 113s Fair 12M 8?t Ordin’y $ lb 87s SUl6 8H,0 815,0 914 93s 103,0 109l6 10 78 10 34 1015,0 101,6 llhe 113,0 Midd’g Fair,! 1% 1015lfi 11 ills 113,0 U5I« 113s llUlrt 11?4 Fair 12° ,6 Good Mid.. 113lfl Str. G’d Mid 1 13s 123s Ordinary Ids IO1.3 Th. 815,6 Wed Frl. 0 93s 101,0 103,0 10 ‘ ,6 109,0 ©© © © Mx H © O 10 J4 lO^H 10k 105fi 1015ie 1015ie 107s ills ills 12 ■ 125g Sat. Mon Tues Wed 915,0 83,0 8516 87s 9 9P10 10oj« 103,0 109,0 83s 9110 913,0 978 107,0 lOifl 1138 11710 119 j 6 11 5g 12 Wo © % Sat.. Mon Tues. Wed Thurs Fri. . . . Dull and easier.. Dull at i,<x dee... Quiet at *8adv.. Dull at 1,0 adv Dull at 1,6 dee... Firm at 1,0 adv.. Total. Spcc- Tran¬ ul’t’n 235! • • • • ra _ m m m m m 197, 4S4 < . 168 m 177, 373; .... Tbe dailv deliveries given 1,634 .... .... .... .... above are © MW 00 - J <1 CO b MM b MM b MM HM ©© 6© ® O'l o © Oi © ^ ,3 M © M © M ^3^1 HM b- — 1 e©: MH^. 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I — M ' ©to ^ to ‘ H M 9 I «: < 1 : M ► 1 r | 7* |MH 1 9 | . 7* 7* 1 • m © fe; © 1 a J l d 6 < I •q m 4- 1 r J M f © O'If- ©M § M < ©q©q 1 $: ; 7 M M CJI b O' O’ © M CO © •-1 H H Qa 1© M M © -X © O' © M ◄ <J© 1 J 1 I en; M M H — M tO ©. to 2 ** M b © *q MM M© M © b I s.H: : H H© M MM < bb b < MM 3 CO M ©00 - bb © M M O' > © CC CO tf- O' HMtC M (_i r- © M If- HM ^ i e 1 e-: : H M QQ M M © bb b <j >-* 9 ^ HMqcM m M© M ► 2 © I HMl0M M M © M 00 w©co cJi d' © dx ®: W CO to to ► <6di©M © © M M 2 § tc H M © M MmoM b 0q © M 10 b < I e^: M O'©©© ( 1 M tc© MMcj.H I S’-: 1 M to bbob fA o ci« M MM J h- M M © M — MM-qoH — s ^ M r- bb Oi dx >1 • 1 e^: ^ <x> 1 M coco M to © < 1 bb © ^ < > 1 bb (fl ir ^ 2 O' O’ M © M 10 5T © M Tp, M bO tO© M COCO © i<- ifO'^4 § 1 «od; if-: bb ©© 00 ©. C© bb ©O b ^ ^ cr. x 00 tooo < © M ©-q 00© tc — 0103 M ©m©o © © O' CJi : M M hm©m O b b §Qq o ^ 1 e-i; HmwM ^ *q © s ► c© <i<i LCM M M 5 o» MM MH 2 ^ O' <1 © M M H 6©o© b — GO H MM© — CO If-©CO 8 99©9 % H g Mb M co to f-» f— 1 ®h; H HM MM ** I ©iK 2 ^ MM 1 > ^ ©co MH M b < Mm^jM HM©m -q © ^ © M b if- ^ 2 M to ^ 1 (»#*; bb M MM MM ^ ui-Jx 2 <17 I 6.w: h 1 CO OD ** I ew: mV. H bbo*? M Cm MM^lM 2 ©ox o l b MM ©6 tc to ^ % HM M M © f- © b O’© tc if- b — _ 4x tO CiCi 10 £ OO Mr- © M HM 99©9 6c6©c£> © £H H O' io ^ I er: M MM ©© I eto; 1 e©: M Ox Ci^l M r- H«-©M b HM r- orbb©ob ©M^*-» © © M < © M ©to CO IfCO bO w © too* < ® © © < M M W ^ 1 eo: ^ 99 <£> 6 2 ^ I en; H M'Vc H ©M M— r-»3 2 M M WCO© to © b M M ^ H ti CO MM© — if- ^H ©Io ^ lew.' a © to mm© — ►7 M H© ** cd *q © bb © tcco MM MM ©^ % ^ ^ M 0 to M © if- r— © © o M ® bb ©d» M © *vj r- 1 H ©o©6 b © M M © 99 ©© © ©©©© ©V»: OC 1 & ^: *—rOH ©o or orj © CD M M COCO © o"x H M ab Q MM© — M M © if— Ox OX 0000 oc 9 *-• ® H M c© 2 99©9 ©6^© wco M ►- CO M M o £ o© H MM HM M HO ©Wto^ I ©<i: I si ©: © MM d'g © © © nr 00 ri a oc M M © CM bb O' ^ 09 © 6 ©cc© 6c© >- b MM * ^ CC HHqO MM©H to to HMJk- iP b 2 ^ M 1 $©: hhwh 1 © © 834 £ O’ e: ; H II ©9 ©*J i! to ► ► I I <1 ® © M 9 -q © gto © © e; : I d I I I : M b < 2 I ^ e : 1 H^* ©9 I O-q ,© 9 © © I e b ? 2 * ; ee: : Mb I1 I1 ©9 ©CT © Includes sales in September. 1884, for Spptember, 158,200 ; Septem¬ ber October, lor October, 421,800; September-Novembor, for November, * Total. FUTURES. Sales. 235 60,700 168 49.600 197 12-5,600 4«4 8n,000 177 79/00 373 108,200 1,634 513.000 Deliv¬ eries. 300 300 400 1,000 600 400 3.000 actually delivered the day previous to that ou widen they are reported. sit. b < © b o> SALES OF SPOT AND TRANSIT. Con-1 CC 00 MM Frl. glance how the market closed on same days. * 2 1^ © -2 °o day during the week are indicated in the following statement. For the con. of the we add column venience reader also a which shows at a Ex- to Mr- © ©H The total sales and future deliveries each port. sump tow b bOH II 6©© ^ M to -J CJ! Oi M-^ — OOoP or 00O00 M MM M©M ^ M©M^ 1 & w: I H 2 cc-i 00 MM MM W -J© I > ©© b COOOio^ I e1-*: tfi. 2 ^ © Ol HM <1 OC 00 M I ^ to; MM 99 2 OD 1003 *—* o>ww^ © MM QDQD MM M CO b b c c c> HM© M CO WC IO tC O >-> r-* CT; b M © Hob © M “ O OC '10 Ci Ot_©<, If- 53 H© cooo 9©? a »-* ** : H>-Ou C M b C 00 M ©© I ^ 1 > 66C0 00 1 HMl0M M M c M tc LOOM tc© 1 6c©6 Sir- < ® ©6©6 © © M tC>-i 2 -j Ci © C ©O ©9 ® © % M©M CM©© 6© ® “ I @0: b W M © ^4 Cl MM *q 4 mm M — io ©© 1 * io© b 99 ■JO' © © b ® CC -1 C© I sh; M| 1 si — HM JS. M b- b 00^ w© J cc ?> a M b O© ® a 7 03 Ci -1 MM <1 Cf CD b. ■ M © © bC cc © C MC 4- © <1 1 M -■* 6^* e© c © M M c© m© M 1- © • *1 © © cr. Ox • b HH M-^j*-4 i1 MMqH 66©o moo ® ©eg e —h^» 05 M M M life; **J C'aca--f;‘ otcr* »—• >—» © o ©m® ® cc w -4© M © © MARKET AND SALES. CLOSED. ® • -I S'HcS 3 i3 Hbg cc MH r-> QJ O'V} P c.o M M ® CO OCWto^ I ©h: o ©COp c to © so M tO < SrOT MARKET « | i Oi © <1 H9 geo 0 H M M h6o6 9£ i O sf-g p ©CD o © 83,0 107,0 H p: (JQ . • 'CO lllolf 129,0 125s Th. : I © 00 I p03 1015,0 11*16 113,H p • P • o< oj CD © ©03 O ©I ** O CO qc» M M cc —* c© 0© © Cj cd 10*4 105s Ills 11*4 h © CO -9 h© 9 r© *• 1 © M M © 97,a i M : : ® • • 80 e+ • ■ igi -4 « ®: : b © © © M © CD — Frl. 93s 0; O P <r+ . 3: sor M M 0b J H 129,0B 97i6 «* * O© © 1C c< 113s lly1fi 97,0 p; ©O’ M C if- cn © 113,0 9 129,0 8*4 Tli. • eS’Op Pt-ac* b 1 0) 107s lUlfl 813,0 125s 934 103s 914 9 111O,0 12 1250 12 IbJ 815,0 © • 00 © CO M © M to 8*31( • < & © , 9 Ilk 1*3,0 11 ’4 117,0 11716 U710 113s 115s 115s 119,0 115s 123s $ S7s 95,0 Ilk STAINED. Good 9 w M M Moil Tues 1013,0 10^4 11 101o,p 11*8 11*16 113s 1114 115,0 III4 117,« H710 119,6 111-2 1113,0 11*316 1110,0 ll7s 12*16 127,« 129,e 12lu 9 8=*4 813,0 10116 107,0 Wed FrI. Til. Sat. *1 So ; rfi p£l® 2 — ■ I • lUl ^*3 ©! i . • m © • 00C' W © 93s 9is Strict Ord.. 9b0 93,0 9^10 1044 Good Ord.. 10 103,0 9l5lr> 10 10 5g Str. G’d Ord 103s 109,0 105,0 103s Low Midd’g 1011,0 105s 101110 1110,0 107s Ills Str.L’w Miu io78 11*16 1013,0 1078 Middling... 11 • P TEXAS. Mon Tues Sat. 9ls 95,0 1()13, f 915ie 10i8 1031G 1 05,0 101*2 10*2 lO^s 1013,, 1011,0 10131C 11 10131 fl 101o1h lli8 11 His 115,0 H3lfi 115,0 111* 119,0 1111,6 ll7s 123lft 125,0 12^ Wed i: §: S^eo for export, 1,634 for consumption, for speculation and — in transit. Of the above, 200 bales were to arrive. The following are the official quotations for each day of the past week. Moil Tucs i : S* 9. c® ® vi sr- P M. © . © P< g® P oo a p - P, — © © M 1,634 bales, including NEW ORLEANS. ® *P ©Cd • : 7?: r- © • lands closing at 11c. The total sales for forward delivery for the week are 513,200 bales. For immediate delivery the total sales foot up this week UPLANDS. p t+’* . m o • M© future delivery reflected, for The market for cotton for 858 : j; i © © © © 749,610 265,793 20,450 65,857 27,203 164,333 Ordin’y n> O ® © © P, g. 5*3.£S r^r. 93! Up.® © © E-© ® oo* Pa- q. ® . ££.? 1 j-.. ® ® Ql QD * Jfi b 3 152,278 Sat. — P • ^: ® cr- Dec. 13 to Dec. 19. © P «rf E ® *3 37,670 79,132 30,727 ^*3 — 0D © © © K*® D 00 -® •gS 3.c* o ®«S 7* ^ © ® C §3*1 P* OD i-iP-S4 o © H-> © 96,814 2. CD 03 New Orleans Mobile Charleston QcS E. 582,200. We have included in the above table, and shall contlaue each to give, the average price of futures each day for each month. will be found under eacli day following the abbreviation “ Aver.” average for each month for the week is also given at bottom of week It The table. Tr xnsferrable Orders— Saturday, 10*75^.; Monday, 10 85c.; Tuesday, ll’OOe.; Wednesday, 10 95c.; Thursday, 10’9%c.; Friday, lL*0f»c. Short Notices for December—Saturday, 10 67c.; Monday. 10*73c.; Tuesday, 10-93c.; Wednesday, 10’94c.; Thursday, 10*80c.; Friday, 10*81. The following exchanges have been made during the week: •39 pd. to exch. l.OOi) Mar. for June •13 pd. to excli. 200 Jan. for Mar. 25 pd. to exch. 1.500 Feb. for Apr* •10 pd. to exch. 300 Feb. for Mar. •01 pd. to exch. 200 Feb. for Mar. December THE CHRONICLE 20, 1884.] The Visible Supply of Cotton to-night, 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. 19), we add the item of exports from the United States, including in it the exports of Friday only, * 1884. Stock at Liverpool Stock at Loudon bales. at Hamburg at Bremen at Amsterdam at Rotterdam at Antwerp at Havre at Marseilles at Barcelona at Genoa at Trieste 471,000 70,900 37,000 574,000 4,000 626,900 3,800 25,100 41,000 621,000 2,000 59,900 49,000 6,600 600 42,600 15,300 1,500 4,100 390 1,400 181,000 3,500 129,000 900 2,090 129,000 123,000 4,000 7,000 2,700 3,500 40,000 6,0,00 6,000 42,000 9,000 8,000 40,000 16,200 9,000 7,000 4,000 4,000 316,100 310,900 228,200 229,030 . . . 890,100 931,900 71,000 118,000 o 659,000 536,000 e 39,000 73,000 .1,015,403 1,242,411 340.028 379,628 41,000 19,600 men India cotton 32,100 . i. . . Total visible Of tlie above, the totals of American and other descriptions aro as follows: American— 358,000 Liverpool stock. bales 336,000 308,000 344,000 Continental stocks 237,000 195,000 104,000 118,000 American afloat for Europe.. 536,000 651,000 659,000 480,000 United States stock .1,015,403 1,212,411 893,201 1,147,320 United States interior stocks. 379,628 340,023 295,607 406,661 United States exports to-day. 8.800 44,009 19,600 30,400 . . . . Total American East Indian. Brazil, die.— week last year, and since September 1 the receipts at all towns are 92,046 bales less than for the same time in 1883. .2,569,431 2,772,639 2 ,298.208 2,490,781 day of the past week. CLOSING QUOTATIONS FOR MIDDLING COTTON Dec. 19. . London stock 193,000 215,000 45,000 121,100 71,000 48,000 73,900 . Continental stocks India afloat for Europe . . Egypt, Brazil, &c., afloat 39,000 Galveston New Orleans. Mobile Savannah. Charleston. 243,000 70,900 110,200 1 L3.000 73,000 118,000 73,000 127,000 37,000 125,080 103,000 43,000 469,100 . 527.900 615,100 435,030 .2,589,431 2,772,639 2 ,2 J6,208 2,490,781 Total visible supply .3,058,531 3,300,539 2 ,911,303 2,925.861 51 bed. 53id. Price Mid. Upl., Liverpool... fllli6d. 5i3ltd. Wilmington.. Norfolk Boston Baltimore Philadelphia. Augusta Memphis Receipts ftSP The imports into Continental ports this week have been 78,000 bales. figures indicate to-night of 242,008 bales a as decrease in the cotton in sight compared with the increase of 147,223 bales ponding date of 1882 and an date of same as compared with the corres¬ increase of 132,670 bales as compared with 1881. At the Interior Towns the movement—that is the receipts for the week and since Sept. 1, the shipments for the week, and the stocks to-night, and the same items for the corresponding period of 1883—is set out in detail in the following statement. G 3 c P 3-2 ~ — .<£ o < 2 5 5C M C o c © s o pi * ■i" ft ® w x l Ft ~ * . ppj.• p. • • l» @ o as P • ? • : O' X'' : : : • • • ce'5ps! XX. X > - G 3 ' • c. c in tt* m cc cc O' © o< m c: to C0^GitCt0rf-MdCtCICO-J‘-Jt035C0OCT) ii*ccwx«*icototo©»fc*©if*©©tcotM©vi top v- •* ) 4* -1 m © **■ to © tc O O M to O CII xjlc oo ioc to 4* ac © *x M M Cl Cfl to -J c CO rb I «> W M to M W M |C- Ol > -* ■ 2 5rj © 7-* x- oo x w x<* 4* M O' CO -4 X O'! CO TO © IO lf*Ot©© tO <UO MXC0©*4 tC £* W*QMtO M MX* r.i b •— W» Cl O' to I M I HH«M l VoCWM‘1 m O' to I** M to MM Cl Cl tO)^ to © M CO VaorVoi © ; w» 4*. M . a©©M©MMCi©,M. © 134, 3 30,524 MM IO©Ot —4^-MMM M to G CO Ol M M Ol M"?!1 © © © O' m M © *4 *-1 © CO X M © c MMjCiO MN© to w to wo. coVj m c: 5:V*Vc:qowI(-c COtG©-OMCOCi©C5ioC;co©©©CO©tC© © O' M to © © to -1 M X 05 05 M X a> X M wek. This Week Cb w to © If* CO ©<0C0MMK)M OP GO £» O't3 00 to WMHQ0MC Ci CO O'tO C5 OO Ot MM CD M Mxwc5torccoto y:cn M to CO CO ©05 © O' ©. © 05 M 05 if* to © O' © to C'KMtgCtOCOO'O M M M O' © to *q o' © m © x x O' to ,t* c. © © O' a. O' M -1 © O' © to — M to © © © © ^4 © <1 to Cl WsjMXifkMG M CD 10 M to CD M M O' © © 1-4 CD to o» O'Croc <IO'-4 ©Ci-J X ©-lO © © M © O' © © MMC5©«*4t0OG0O'O>©O:©'s|O«C5tO(f*© •2 „ 5C On ST MS' * V M w V vl s MtOMWO»tOtOif* —■110 m G. O' © O5|t*©t0M05C5M©©CCXVCCif*lt*00©M to to -1 © X to X 35 M M C O. 05 it* CO C5 CO X O'-t ©OM©M — O' M M O' M X X X M to Ot 05 © -1 •si to -J O' w CO M •>! 05 to M © o to to © M b« It* "to Ol X M © M -1 <J y tfk <| to to W If* ©05 WlP-MM CD ©C5©C0©MCCG'G'O* Jtk ^ 10 10 10 lOhe 1018 1016 10% 10% 10 Vt 10* 16 lOoift 10%6 1018 10*’16 10 's 10% 10% from the Plantations.—The “ 1882. 3 17 “ 24 “ 31 Nov. “ 21 28 “ 12 “ 19 1882. I 1883. j 1884. 76,862 187,536 49,497|210,123 197,219; 182,063 95,675! 164,915; 68,108 224,949 256,276'223,924 1242,169;222,510 258,774 238,3291289,843 255,097'222,185 284,692 275,7001374,5041207,133 271,622 237,0011322,286 ;247,017 265,484 276,3001 291,376 386,477 316,019 262,693 277,397j 325,186 262,015^281,163 289,457 299,528j410,246 335,451 270,167 304,9391308,889 ' 258,170'247,733!258,3401 330,993; 423,577 *303,866 295,6351261,064! 286,755 5 Dec. 1882. I 1&S3. I 18S4. : 7 “ 1884. 242.3201257,276*242,289 125,039'202,970 ‘ 92,654 271,693 295,3311266,835 1241,738(252,845 285,112 130,3171236,980:129,511 256,016'288,861'321,969 175,0921270,734 156,058 292,398'281,669'304,017 1250.623 1241,921 *277,470 211,740 313,249 171,996 298,899* 304,119:275,979 1262,2511267,604 257,041 291,537 272,758* 293,088 1259,1541242,0781209,114 244,1231343,929'193,970 259,175'359,748 229,539 257.221 14 “ 1883. 179,883 163,461 168,721 206,130 228,897 205,313 10 “ ; The above statement shows—1. That the total receipts from the plantations since September 1, 1884, were o,676,199 bales; in 1883 were 3,589,085 bales: in 1882 were 3,530,047 bales. 2.—That, although the receipts at the outports the past week 258,310 bales, the actual movement from plantations was 280,755 bales, the balance going to increase the stocks at the interior towns. Last year the receipts from the plantations for the same week were 201,061 bales and for 1882 they were were M to mm © m d. a c: x ; If* O' X to © © X M © to © if* O' © CO M ro m CO 05 3T to to M M to m r— M m © ‘J» 1883. 1882. 1881. Receipts at the ports to Dee. 19 3,329,546 3,214,664 3,209,539 3,032,489 Interior stocks on Dee. 19 in 374,421 320,508 excess of September 1 346,651 411,599 Tot. receipts from planta’tns 3.676,199 3.589,085 Net overland to December 1 227,8551 261,252 .. 78,C OOj 87,000 3,530,047 3,444,088 244,112 90,000 220,910 70,000 sight December 19.. 3,982,054 3,937,337 3,864,159 3,734,998 Northern spinners’ December 19 takings to 618,292 769,325 748,003 681.064 o freely. Galveston, Texas.—It has rained on three days of the week, the rainfall reaching seventeen hundredths of an inch. thermometer has ranged from 29 to 60, averaging 51. The ties. Average thermometer 48, highest 06 and lowest 29. Palestine, Texas— It has rained on two days of the week, the rainfall reaching twenty-one hundredths of an inch. Ice formed on three nights in this vicinity. The thermometer has CC fch J* G 11% 10% the week, CO to M tc <J to © CO to 11% 10% Indianola, Texas.—We have had showers on four days of the rainfall reaching eight hundredths of an inch. Picking is finished everywhere except in three or four coun¬ ^ x^ Ml M 10%®% Receipts at the Ports. \SVkat Interior Towns. Rec'pts from PlnnVns. Ending- move a ft a to 11 10%«78 11% 10% lOMlt 1014 Ills ©78 10 10 10 ,10 1018 10 •rU 103i©v8 Weather Reports by Telegraph.—The temperature has been much lower at the South during the week, and in many sections there has been snow and ice. Cotton continues to to m OOXM^.#* b< O'V co' to O' 10^ lllQ will be seen by tlie above that the increase in amount in sight to-night, as compared Avith last year, is 44,717 bales, as compared with 1882 is 117,899 bales, and with 1881, is 247,056 bales. tf* rf* <1 1 © © O' 103j 11 ]8 10316 It M MM 11 6 following table is prepared for the purpose of indicating the actual movement each .veek from the plantations. Receipts at the outports are some¬ times misleading, as they are made up more largely one year chan another at the expense of the interior stocks. We reach, therefore, a safer conclusion through a comparative statement like the following. In reply to frequent inquiries we will add that these figures, of course, do not include overland receipts or Southern consumption; they are simply a statement of the weekly movement from the plantations of that part of the crop which finally reaches the market through the outports. Total in M r-* M CO 1-4 M O' © M o: to m c:1 © 4^ M O' CO to © Cu; - © co co a 4*. o« to 00 M M © CO Ol M to 11 Souf hern consumpt’n to Dee. 1 Cl -110 to M O O' to M *4 M if* to M «. Cl O'© M Xif-05<l©Oi©COM —tOtO©MC5^1tf*.©CJt acMooic.acwCciGOxcO'JWMco OtMMClMCOtO to 1L 1884. to ©O'COCO M<J<1 CO 00 © CO O'© O' © at) © to © © 10% 11 give the receipts from plantations in another form, and add 1, and also the takings by Southern spinners to the same date, so as to give substantially the amount of cotton now in sight. -4 * m M 1012 11 >• CO coitooiyHuico'i. m ic»— © m ci to XXX rf*©X MM -1 to M HXH3TC pt m 05 M IO m © UMjvffitO mcoguoT-IoIp. m X to X lO^t toii 10% a)°im 10% 10% XJ 3 to O'** OOMp vj M — p CO ^©coc©*dxa<'if*tocoM©C5to<ix'©y' CO CO 10 q to them the net overland movement to Dec. £, 5 to 10i18 1014 10% 10*4 <Z/*>1t. 10% Amount of Cotton in Sight Dec. 19.—In the table below • XX M Ol Cw lOiis 10% 1031« 10%6 we ©•. p II H- 103s IOI4 U, 10 M M o 10-lOGft 1014 10316 5 V- »: f. W MM *Ol *4*M CH -4~uVcn lO *-* CO 1038 .... Fri. 295.035 bales. 1 >■? x < P' 10*% Thurs. 1014 103a 10 .... l<)3a I Ycdnes. 105ib IQlxrt St. Louis Cincinnati... Louisville Tues. 1014 1014 1014 1014 10 q 103e . Mon. 103I6 lOhs 1011,; I 011 .. . an 10*% IOA4 ... Oct. Total East India, &o Total American 1883, Satur. ON- RECEIPTS FROM PLANTATIONS. Liverpool stock The above the Quotations for Middling Cotton at Other Markets.— In the table below we give the closing quotations of middling cotton at Southern and other principal cotton markets for each 18,000 3,058,531 3,300,539 2,911,308 2,925,861 supply bales less than at the same period last year. The receipts at the same towns have been 8,045 bales more than the same 503,000 737,030 855,100 113,000 103,000 651,000 480,000 73,000 43,000 893,201 1,147,320 406,661 295,607 30,100 8,800 . a floa 1881. 55G.OOO . Total Continental stocks.. 1882. 573,000 48,000 . Stock Stock Stock Stock Stock Stock Stock Stock Stock Stock 1883. 529,000 45,000 711 CD X Jp*x CCOXOtODCO -1 m © © -4 O' 4* O O' O. M *— *• J M averaged 42, the highest being 03 and the lowest 10. New Orleans, Louisiana.—It has rained on five days of the week, the rainfall reaching five inches and nine hundredths. averaged 50. Shreveport, Louisiana.—The weather has been generally increased during the week 26,947 bales, and are to-night 39,60 0 cloudy, with rain on two days, the rainfa'l reaching twenty The above totals show that the old interior stocks have The thermometer has THE 712 hundredths of inch. an CHRONICLE The thermometer has averaged 39, ranging from 25 to 58. Vicksburg, Mississippi.—We had severe rain' on one day in the early part of the week, but the latter portion has been clear and pleasant, cold and dry. The rainfall reached' one inch and twenty-seven hundredths. Ice formed in this vicinity on three nights. About all the crop now has been secured, and about three quarters marketed. The thermometer has ranged from 24 to 67. Columbus, Mississippi.—It has rained on four days of the week, the rainfall reaching one inch and twenty-nine hun¬ dredths. We had a slight snow on Thursday. Helena, Arkansas.—We have had rain on two days and the remainder of the week has been cloudy. The^thermometer lias ranged from 10 to 56, averaging 34. Little Rock, Arkansas.—The weather has been cloudy and raw on four days of the week, with rain on two, and the remainder of the week has been fair to clear and very cold. The rainfall reached forty-eight hundredths of an inch. Aver¬ age thermometer 32, highest 53 and lowest 12. Memphis, Tennessee.—It has rained on six days of the week, the rainfall reaching sixty-nine hundredths of an inch. Average thermometer 35 *5, highest 57 and lowest 12. Nashville, Tennessee.—We have had rain on two days of the week, the rainfall reaching one inch and seventeen ^hun¬ dredths. About three-quarters of the crop has now been marketed. The thermometer has averaged 37, ranging from ' „ India [Vol. XXXIX. Movement Cotton from Ports. all We have — re-arranged our India service so as to make our reports more detailed and at the same time more accurate. We had found it impossible to keep out of our figures, as cabled to us for the ports other than Bombay, cargoes which proved only to be shipments from India port to another. The plan now danger of this inaccuracy and keeps the totals correct. We first give the Bombay statement for the week and year, bringing the figures down to Dec. 18. one followed relieves us from the BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS. Shipments this week. fear Great Conti¬ BriVn. nent. Shipment« Great Britain Total. 1884 10,000 3,000 13,000 521,000 L883 11,000 16,000 27,000 488,000 1882 7,000; 10,000 17,000 799,000 1881 11,000112,000 23,000 370,000 since Jan. 1. Conti¬ nent. Receipts. This Week. Total. Since Jan. I. 686,000 1,207,000 22,000 1,649,000 828,000 1,316,000 30.000 1.751,COO 643,000 1,447.000 24,000 1,755.000 610,000 930,000 35,000 1.363,000 According to the foregoing, Bombay appears to show a compared with last year in the week’s receipts of 8,000 bales, and a decrease in shipments of 14,000 bales, and the shipments since January 1 show a decrease of 109,000 bales, The movement at Calcutta, Madras and other India ports for the last reported week and since the 1st of January, for two years, has been as follows. “ Other ports” cover Ceylonr decrease Tuticorin, Kurrachee and Coconada. 4 to 63. Shipments for the week. Mobile, Alabama.—It has rained severely'on two days and has been showery on three days, but. at the close of the week there is a favorable change. The rainfall reached three inches and twenty-three hundredths. The thermometer has ranged from 20 to 67, averaging 51. Great Britain. Conti¬ nent. Calcutta1881 1883 Madras1884 1883 All others— 1884...... 1883 Shipments since January 1. Great Total. Continent. Britain. Total. 42.700 82.500 125,200 Montgomery, Alabama.—We had rain^on four days during 89,600 9,000 98,600 the early part of the week, and the latter portion was clear 56.500 56,500 and pleasant up to Thursday, when we had heavy frost and 5,000 51,000 5,000 1,300 52,300 ice ; but the weather is now moderating. The rainfall reached 3.000 44,500 two inches and nineteen hundredths. 80,300 3,000 124,800 Average thermometer 500 500 61,800 78.500 140,300 47, highest 72 and lowest 20. Selma, Alabama.—During the early part of the week we Total allhad rain on two days, but the latter portion has been clear and 1884 3,000 219,300 3,000 87,200 306,500 1883 219,100 5,500 5,500 72,100 291,200 pleasant. The rainfall reached three inches' and five hun¬ dredths. Planters are marketing their crop freely. We had The above totals for the week show that the movement from very slight snow on Thursday. The thermometer has aver¬ the ports other than Bombay is 2,500 bales less than sameaged 42, the highest being 60 and the lowest 16. week last year. For the whole of India, therefore, the total Auburn, Alabama.—It has rained on three days of the sliipments since January 1, 1884, and for the corresponding week, the rainfall reaching two .inches and forty-two hun¬ periods of the two previous years, are as follows: dredths. We had killing frost on Tuesday, and ice on Thurs¬ EXPORTS TO EUROPE FROM ALL INDIA. day, with light snow. The thermometer has averaged 47 7, • ranging from is-8 to 05 5. Madison, Florida.—We have had rain on five days of the week, the rainfall reaching two inches and two hundredths. Planters are marketing their crop freely. Ice formed here on Thursday night. The thermometer has ranged from 26 to 73, averaging 50. Macon, Georgia.—It has rained severely on two days,of the week. Average thermometer 53, highest 69, lowest 33. Columbus, Georgia.—We have had rain on two days of the week, the rainfall reaching one inch and fourteen hundredths. The thermometer has averaged 39, the highest being 49 and the lowest 17. Savannah, Georgia.—It Ins rained on four days and the remainder of the week has been partially cloudy. fall reached one inch and thirty-nine hundredths. mometer has averaged 59, ranging from 36 to 74. The rain¬ The ther¬ 1884. Shipments t7 all Europe from— Bombay This week. Since Jan. 1. This week. 27,000 1,310.000 5,500j 291,200 4,703j 304,700 16,000 1.513.500 32,5004.007,200 21,700 1,751,700 The thermometer lias averaged 58, rang¬ ing from 38 to 70. Stateburg, South Carolina.—I.t has rained on three days of the week, the rainfall reaching thirty-five hundredths of an inch. A cold wave struck us Thursday evening lifter sunset. Average thermometer 51*6, highest 68 and lowest 32. Wilson, North Carolina.—It has rained <>n three days of the week, the rainfall reaching forty-one hundredths of an inch. A snow on Thursday night did not cover the ground. Average thermometer 50, highest 70 and lowest 28. The following statement we have also received by telegraph, showing the height of the rivers at thS points named at 3 o’clock December 18, 1884, and December 20, 1883. Dec. Feet. 13 9 18, '84. Dec. 20. '83. Inch. 3 1 New Orleans Below Memphis Above low-water mark. Nashville Atmve low-water mark. o 6 Shreveport Above low-water mark. 8 0 Vicksburg New Orleans high-water mark Above low-water mark. Feet. 7 Inch 19 10 10 7 4 1 13 r 8 4 23 5 reported below high-water mark of 1871 until Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-lOths of a foot .above 1871, or 16 feet above low-water mark at that point. of Alexandria Receipts and Shipments.—Through arrange¬ we have made with Messrs. Davies, Benachi & Co., of ments we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following are the receipts and shipments for the past week and for the Liverpool and Alexandria, Exports (bales)— inch. 17.000,1,447,000 This last statement affords a very interesting comparison the total movement for the three years at all India ports. Charleston, South Carolina.—We have had rain on three days of the week, the rainfall reaching seventy-three hun¬ an Since Jan. I. 306,500 3,000 corresponding week of the previous two dredths of This week. Since Jan. 1. on four days and pleasant. The rainfall inch. There has been a change to cold weather at the close of the week. Cotton con¬ tinues to come in freely. The thermometer has ranged from 35 to 71, averaging 54. Atlanta, Georgia.—It has rained on two days of the week, the rainfall reaching four inches and fifty one-hundredths, average thermometer 43 3, highest 65, lowest 30. Augusta, Georgia.—It has rained lightly the remainder of the week has been reached fifty-seven hundredths of an 1882. 13.000 1,207,000 All other ports. Total 1883. Alexandria, Eaypt, jj 1883. 1884. December 17. years. ji! Receipts i cantars*)— IT 0.000 This week.... Since Sept. 1 1,803,000 This ! 180,000 1 Since ji * Total * |i This j Since Since ' 1 11,900 147,000 Liverpool To Continent 160.000 1,336.000 |: \Sept. l.| ! week. Sept. l.!j week. \Sept. 1. week. To 1,762.000 This 1882 j| 10,000; o-.OOO, i ii 10,000 119,000 11.000 101,000 2,000 44,000 j 24,000 21,000,205,000' ; 12,0001163,000 16,000| 125,000 Europe A cantar is 98 lbs. This statement show's that the receipts for the week Doc. 17 w'ere 170,000 cantars and the shipments to all ending Europe 21.000 bales. Manchester Market.—Our report received from Manchester to-night states that the market is flat. We give the prices for to-day below, and leave previous weeks’ prices for com¬ parison. 1883. 1884. 32* Cop. Twist. d. d. s. Oct.17 aH 38’:516 5 •• 24 3ui*,—81:hft 5 “ 31 8»16-81;5i6l5 Nov. 7 35ih—81;h«!5 “ 14 8T10® 9 5 “ 21 8k> ® 9 5 “ 28 3V,® 9^5 Dec. 5 9*3 5 “ 12 8k2 It 9Je 5 “ 19 83s It 9 5 8 H lbs. Shirtings. d d. s. 5 ki®6 10*2 10k! (>ki®7 6k,®7 8 9 9 9 8 7 Itl Itl Itl -ftl ®7 Itl CotVn Mid. TJplls 2k> 3 1 0 d. 87ig® 9 5V 8V® 9 5V 51116 8 m lbs. Shirtings. d. d. 5ki 0 0 1 2 ! 32* Cop. lwisi. 9 9 d. 8. 5 5 5 6 7 Itl 'itl 6 Itl o 6 6 7 7 7 8 Itl Itl Itl Itl Itl Itl 5 b® 9 5% 81* 'ft 9^8 a 5l3ig 8^8 ft 9ki 5 5i3lfl 8r>8 It 9 V 5 5 5^ 8°16® 9 83b ® 8V5 5kJ®6 d. Oott’n Mid. TJpld9 d. 5i°ie 1^ 1 ki! Ika 1*2 lk! Ik! Ik, 2ki llk!l 6 6 51°16 578 5i°ie 6 578 5i3ie December 20, New York years THE 1884.] CHRONICLE. Cotton Exchange.—Hitherto all persons 21 of age, resident or non-resident, of good character and commercial standing, were eligible for election as members of the Cotton Exchange. This rule lias been changed so far as to substitute the word “financial” for the word “commercial,” and the change has been confirmed by a vote of 56 ayes against 11 nays. Section 29. page 35, of the laws of the Exchange, provides that if complaint be made by not less than three members of the Exchange, either jointly or severally, against a member for any misconduct in relation to the Exchange, or for any disreputable fraudulent transaction with any person not a member of the Exchange, the Supervisory Committee shall investigate the charges, and if substantiated shall so report to the Board of Managers. In pursuance of a complaint thus made, The Supervisory Committee has been engaged for several days in examining into the particulars of a charge against John M. Ewen, a member of the Exchange, and partner of Ewen Brothers, with regard to alleged irregularities in dealings in future deliveries for account of Mrs. Laura Hough. However, the or documents relative to the matter are said to be so voluminous that the Committee has not as yet been able to arrive at a decision. The result of the investigation, as well as the eon- sequent action of the Board of Managers, is looked for With much interest by the members. It is reported that beside this particular case before the Board of Supervisors, other women speculators through Ewen Brothers have come forward with similar complaints, but the above-mentioned matter of Mrs. Hough is tiie only one before said Board. Augista (Ga.) Mills Filled with Orders.—We the following from the Augusta Eceiling News of The take Thursday, December J l : i 713 1883. 1884. ; 1832. 1881. 1880. 1879. 2,401,937 2,257,015 2,433,297 ! 2,164.407 40,400 i 36,667 26,647 ! 52,479 29,216 30,613 51,332 30,886 8. 8. 4S.S97 34,006 28,110 49,256 8. 46,652 50,747 25,675 30,346 54,134 8. 49.603 49.5S3 40,832 31.799 63,166 41,373 35,316 36.046 8. 30.136 36,174 52,116 27,721 29.263 54,997 55,7 41 40.S63 43,236 8. 25,055 34,502 40.2S6 47,904 8. 59,133 57,783 39,377 37,914 8. 40.050 4S.904 41,993 33,164 3 4,347 8. 34,208 50,059 50,011 40 107 35.221 30,9 J 2 37,733 42,522 8. 32,913 58,665 30,650 37,112 40,736 33,332 63,338 36,960 45,251 8. 40,452 51,325 30,412 30,531 Tot.Nv.SO 2,557,991 2,420,284 Dec. 1 “ 2.... “ 3.... “ 4... 36,573 “ 5.... 69,328 34,792 j 31,483 “ 6.... 42,481 7.... 8. “ 8.... 53,026 “ 9.... 35,639 “ r j “ “ 32.561 51,576 10.... 29,964 11.... “ 12... 43,651 84,6 43 “ 13.... 31.33S “ 14.... S. “ 15....i 5G 658 “ 16....j 32,675 “ 17....1 31.5-41 “ 18....i “ 19.... 37,300 68,826 -14,815 41,367 S. 23,929j 49.5 41 32.588 49,869 S. 39,64 l 43,231 35.3 43 4*,560 8. 30,473 42,450 j 1 3,329,548 3,137,160 3,073,112 2,900,123 3,959.333 2,804,948 i Percentage of total 61-441 6 4-68 51-05 52*08 5608 port rec’pts Dee. 19 This statement shows that the receipts since Sept. 1 up to to-night are now 192,388 bales more than they were to the same day of the month in 1883 and 256,436 bales more than they were to the same day of the month in 1882. We add to the table Total the percentages of total port receipts which had been received named. to December 19 in each of the years The Exports of Cotton from New York this week show a decrease, as compared with last week, the total reaching 9,201 ^Over-production is no longer the complaint-in cotton manufacturing •circles in Augusta, fort Lie big demand the past ten days has swept all the bales, against 24,702 bales last week. Below we give our usual goons from the market. Surin Ding as this may seem, it is true. All t he table, showing the exports of cotton from New York, and then heavy stocks complained of last spring and summer are sold ; our fac¬ direction, for each of the last four weeks; also the total exports tories are refusing big orders ahead, and yet some people don’t seem to and directions since September 1, 1881, and iti the last colu mn know that tin* tide has turned and that good tiinrs are coming. ‘Cotton goods are following the raw cotton,’ said a prominent factory president the total for the same period of the previous year. Tuesday morning, ‘and prices arc advancing in response to the active demand and because of the low price of goods maintained all summer auil until now.’ A meeting of factory presidents was held on the 8th in¬ stant, comprising Mr. Ilickmuu, of the Graniteville Factory; Mr. Sib ey, of the Sibley As Langley Mills;Mr. Phiuizy, of the Augusta Factory, and Mr. Fate's, of the King Mdl, and it was unanimously determined to advance the pi ices of goods one quart *r to a half cent, and the prices <m live-hale lots mow range about as follows: 4-4 sheetinsr, 54ic.; 7-8 sheeting, 4 tic.; 3-1 shirting, 33ac.; dribs, 6c. and 6!4e. to G^j a One of our mills had already advanced its prices and sold its goods at these on figures, and all of the mill prv-idents have now instructed their agents price of goods. All the mills re¬ port that they are bare of goods, aud they are running on full time to £ry and keep up with rlie demand. “President H. II. Iliekman of the Graniteville Manufacturing Co., said the demand for cotton goods growing out of the low prices had been so extraordinary that the over-supply at the mills had been here and in New York to advance the exhausted. He thought it probable a farther advance would be made in ten days. Advices have been received, Mr. Hickman continued, from the Boston agent of one, of our mills to the effect that he was going to New York this week to advise the agents there to place Southern goods at 4,5 and G cents, or *4 of a cent more than the advance agreed upon by us. He said the competition from Northern goods would riot, prevent these figures, and he thought those mills in the South that led off with low prices had enough of it. I would not he surprised if the prices sug¬ gested are adopted in New York this week. These facts mean, said Afr. Hickman, that cotton will be scarce and high in the South, and not only will the present prices be maintained, but there will be other advances. Mr. C. H. Phinizy of the Augusta Factory, said: ‘For the first time in twelve months I believe the outlook promises better fines. I have not thought so all along, but I believe now a brighter era is opening up “ ahead of us.’ ” Jute Butts, Bagging, &c.—There has been a good demand bagging since our last, and parcels are moving quite freely. Price3 are steadily maintained, and sellers are not accepting anything below our quotations, preferring to hold their stocks. There have been sales of 1,000 rolls various grades at fcFqc. for lb., Oj.^c. f°r 1 4 Ifi 10c. for 2 lb. and UFqc. for standard grades. The market for butts has been mo lerately active, though mostly for parcels to arrive, and there have been sales of some 8,000 bales, mostly paper grades, though a few lots of bagging qualities are reported. For spit parcels sellers are quoting l oo. for paper, and 2 L $*3}£c. for bagging, grades. Expokts of OorroN (bales) from New Ydiik since »ept. 1. Exported to— constantly have before him the data for seeing the exact relative movement for the years named. The movement during September, 1884, and previous years, h is been as follows. Monthly Receipts.] Year 1S34 j 1883 ecpt’mh’rj 315,4451 313.812 October.. 11.090,385; 1,0 46.092 1831. 326.65 479,77 i 4 58,4.78 333,643 980,384 853,1 9’ 96 811- 8 Novemb’i 1,122,164: t,030.38o 1,094,697 i ) Total year! 2,557 09 i‘2,120,231 2,401,937 1830. 974.04., 1.006,50* 2 2 1879. * 8, 4(>2 Havre Other French ports 1,207 Total French 1,207 Perc’tageof tot. port.l ^ receipts Nov. 30.. j 49 90 35 9 ) 47 81 41*42 4 3 27 This statement shows that up to Nov. 3) the receipts at the ports this year were 137,7 b) bales more than in 1883 and 156,057 bales more than at the same time in 1832. B r a 1 ling to the above totals t> November 3) the daily receipts since that time, we slu'd be able to. reach an exact toe movement for the different years, comparison of year. 2,336 447 24,047 15,624 1.354 167 21,414 2,145 1,521 22,099 20,962 794 1.267 1,493 12,477 32.457 34,682 13,803 16,233 17,857 3,554 79,616 47,893 2,1 45 2,093 238 20,962 685 949 714 492 Hamburg Other ports 3,186 4,375 1,206 2,033 1,646 S*8U Total to North. Europe 8,510 3,953 5,449 50 1,188 i,092 1,400 5,062 2,967 2,109 50 1,188 1,092 6,462 5,076 Bremen Spain, Op’rto,Gibralt’r,&c All other Total __ Spain, <feo 20,279 18.489 24,702 Grand Total The Following the are i Receipts from— i This 1 week. New Orleans. Texas 6,818 1 10.9-34 ..J f\723 Florida ' So. Carolina.. - fill 0,116 Savannah. • No. Carolina.. 1.210, ; 14,757, Since This Since This Sept. 1. week. Sept. 1. week. Sept. 1. 101,152 147,h35 104,510 23lj 617 2,8211 j 21,562 210 216 1,479 22,016 1,100 4,16‘i 63,988 13,403 108,165 North’n ports' 1 Baltimore for the past Since Tennessee,&c Foreign 3,507 1,935 7,113 Oils 6,411 1,001 34,928 800 547 7,149 161 13,994 1,894 83.242 1,375 17,703 3,153 9,977 60,971 81, "76 62,116 4,242 15,825 2,209 • 20 2.170 - 46,253, 572.601 15,671 158,333 51,315 013,991 18,206 161,614 1,771 46,5*3 0,672 122,876 43,585 7,176 117.879 Shipping News.—The exports of cotton from .States the past week, as per latest mail returns, same Sept. 1. 2,870 Last year.. the Since week. 6,711 This year... 191,263 Bales. Baltimore. This ' (5 532 .• 301,475'238,992 PHTLADELPH’A Boston. New York. 9,201 Gross Receipts of Cotton at New York, Boston, Philadelphia and week, and since September 1. 1884. the United have reached So far as the Southern ports are concerned, these exports reported by telegraph, and published in Friday. With regard to New York we all vessels cleared up to Thursday include the manifests of night of this week. New York—To 9 42.272 57,015 2,433 297 >,144 407 Sept. 1. 4,126 193,298 165,061 3,075 the Chronicle last 18S2. 11. Total to Great Britain 10,512 11,012 16,016 are Beginning September 1. Dec. 18. Dec. period previous 3,679 169,251 149,437 Virginia Comparative Port Receipts and Daily Crop Movement* —A comparison of the port movement by weeks is not accurate* as the weeks in dfife-rent years do not end on the same day of the month. We have consequently added to our other standing tables a daily and monthly statement, that the reader may Dec. 4. Total since 7.437 10.003 14.843 1,009 1.173 Liverpool Other British ports for , Xor. 27. 18P4. Same Week ending- , Liverpool, per steamers City of Berlin, 1,338... Oregon, 903 Sirius, (additional) 230.. Nevada, 1,206 T<* To To To City, 447 Havre, per steamer Canada, 1, J >4..„ Bordeaux, per amer Chateau M irspiUK, 167. Hull, per steamer Lineoln Bremen, per stc oners E:n-, 24 I To Hamburg, per steamer PoleneMa, To Antwerp, per steamers Heim la New . Total halts. 1,26 1G7 794 y 443—Westernland, Okleins—Jo Liverpool, per steamers Caxton, 7, >2) G mnsellor, 4,300 417 1,354 llabsbiuv, 5oO , 3,079 Architect, 4,270 ...Ealing, 5,406 1,267 1,193 •28,029 Serra, 4,700 Cndoxton, 4,205 Queen, 4,819 per shins Cirv or Boston, 3,1 »6... Lanarkshire, 4,800 ....Lancashire Witch, 4,550,...William Tapscott, 0,371- 26,901 River Clyde, 2,328 T j Havre, per steamert .. THE CHRONICLE 714 The fire was discovered in the cotton (about 250 bales) stowed in the after between decks P. M. Dec. 13, when the vessel was just below Fort Oglethorpe. A hole was cut through the deck and. Total bale*. 3,700 650 To Bremen, per steamer Tarpeia, 3,700 To Hamburg, per steamer Sultan, 050^. To Malaga, per balk Alfa, 1,500 To Genoa, per steamer Castleton, 4,163 Mobile—To Liverpool, per bark Venice, 2,049 Charleston—To Liverpool, per barks Douglass heavy streams of water turned on the flame. The steamer put back, aud by the time she arrived at her wharf, shortly after 5 o’clock, the fire was out. About 25 bales of cotton were probably burned and scorched. The cargo of the William Crane consisted of 448 bales of cotton, &c. 1,5( 0 4,163 2,049 Campbell, Wacissa, 2,500 Upland and s3 Sea Island Winona. 2,100 Upland To Havre, per bark Jennie Parker, 3,141 To Barcelona, per bark Luciano Serra, 1,300 per brig [VOL. XXXIX. 2,3'sO Upland and 50 S^a Island 7,113 Cotton 3,141 freights the past week have been 1,923 Pedro, 623 Mon. Satur. Tuet. 8,108 6,000 9.292 1,047 Bremen, steam..c. 8,026 Niagara. *,026 tine, 1.992 8,162 ... Liverpool, per s’eamers Bulgarian, 1,546 Pales¬ Virginian, 2,338 To Yarmouth, N. S , per steamer Cleopatra, 37 Philadelphia—To Li\erpoo>, per steamer British 5,876 37 1,931 per ship Edward O’Brien (for¬ eign), 267 ' : Total The form, sailc. Do sail c. 267 .... .... 38* 3a* .... .... .... .... New York. N. Orleans. Mobile Charleston. Savannah.. Galveston LiterVnoL. 3.679 28,629 Norfolk.... West Point . 2,049 7.113 8,108 3,292 . Wilmington A ms'dam, Hot'da in Eavre and Bremen AntBnrccBon/e- <£ Ham- irerp i£ Iona if; burn. Ghent. Malaga.Genoa aux Hull, 1.3.1 2,061 1, L93 447 1 500 4,163 26,901 4,350 3,141 ...... 1,047 Newport N. .. ...... .. .... ...... ...... ...... ...... ...... 1,923 6,000 9,292 824 ...... ..... 2.738 1,363 31,004 Baltimore.. Boston ...... . ...... 1,650 1,712 ...... rn• ...... ...... m mm 2,843 5,121 . . . . Total. 9.201 65.543 2,049 12,177 25.936 4.339 5,751 36.847 5.121 8,026 8,162 Phlladelp'a 5,876 1,931 Ban FraD.. 267 8,026 8.162 ...... Jfl* • 30* V V .... .... 55t .... ••• 551 .... .... Do sail c Barcelona,steam.c. Genoa, steam—c. Trieste, steam...c. , .... .... .... .... .... 932* 932* 932* 932* V 5q* V 58* Cq*> V 932* V 13e4* *3£4* t Per 100 lbs. Compressed. °8* 13€4* l364* Antwerp, steam..c. * .... °32* V ®8* 13e4* 13£4* Liverpool.—By cable from Liverpool, we have the following &o., at that port. We statement of the week’s sales, stocks, add previous weeks for comparison. Nov. 28. Sales of the week bales. Of whi'-li exporters took Of which speculators took.. Sales American Actual export Forwarded Total stock—Estimated Of which American—Estim’d Total import of the week. Of which American Amount afloat Of which American Dec. 5. Dec. 12. 69,000 8,000 7,000 37,000 8,000 47,001 4,00( 24,000 430,000 93,000 39,000 428,000 250,000 87,000 78,000 262,000 246.000 71,000 321,000 307,000 247,000 Dec. 19. 45,000 3,000 29,000 11,000 5,000 5,000 27,000 10,000 42,000 503,000 316,000 163,000 130,000- 296,000 284,000 37,000 3,000 1,000 24,000 11,000 39,000 529,000 336,000 108,000 78,000 328,000 307,000 The tone of the Liverpool market for spots and futures each day of the week ending Dec. 19, and the daily closing prices of spot cotton, have been as follows: 5,913 * 447 35.433 15.149 17,556 are 4,247 5,875 191.263 from Boston to Yarmouth, 37 bales Below we add the clearances this week of vessels cotton from United States ports, bringing our data carrying down to Tuesday. Wednes. Thursday. favor. Quiet. Steady. Quiet. 5i3l6 5l3ie 5i3lft 51*16 515ib 51316 51616 6,000 51o16 8,000 51316 51516 6,000 7,000 7,000 500 500 1,000 500 500 5,000 1,000 Saturday Monday. Spot. ( Market, J 12:30 p.m. Very dull. 8ales Galveston—For Liverpool—Dec. 18—Steamer Rebecca, 5,371. For Havre—D.-c. 17—Bark Norge, l,4u0. For Bremen- Dee. 15—Steamer Acuba, 4,715. Sew Orleans—For Liverpool Dec. 12—."hip Astracana, 4,038. For Havre—Deo. 12—Ship He Martha, 4,24S. ..Dee. 15—Bark Nanny, ... Friday. Wilmin .ton-F.«r Liverp *ol—Dec. 13—Bark Sidon, 1,513 ) 12:30 p.m. $ £ Market, 5 P. M. \ Steady at 2-64 de cline. give all news received to date of disasters to vessels Carrying cotton from United States ports, &c.: we Quiet Steady. but at Dali. 2-h4 de¬ cline. Dull. Steady. Steady. Firm. 1-64 ad¬ vance. Very steady. steady. otherwise stated. t^3 The prices 5 are 62-6Id., amt 6 03 gat. given in pence and Glths, thus: 5 62 meant 6 3-6Id. means Dec. 13. Open High Low. Clos. Mon., Dec. 15. Taes., Dec. 16. Open High Low. Clos. Open High Low. Clot. d d. d. d. d. d. d. d. d. d. 5 52 •5 52 5 52 5 52 5 50 5 50 5 50 5 50 5 51 5 53 5 51 Deo.- Ian.... 5 32 5 52 5 52 5 52 5 50 550 5 50 5 5) 551 5 53 5 51 Jan.-Feb— 5 53 5 53 5 53 5 53 5 52 5 52 551 551 5 53 5 55 5 53 555 Feb.-March. 5 57 5 57 5 57 5 57 5 58 5 56 5 55 5 55 5 57 5 59 5 57 5 59 March-Apr. 5 80 5 60 5 60 5 60 5 51 5 50 5 59 5 59 5 61 5 63 8 61 563 April-May.. 6 00 6 00 600 600 5 63 5 63 5 63 5 63 6 01 6 03 0 01 603 May-iune June-July.. d 04 6 01 0 01 604 6 03 6 03 603 0 03 601 6 07 6 01 607 0 06 608 6 08 6 08 807 6 07 6 07 0 07 0 08 0 11 008 611 Iuly-Aug... 6 11 K ug.- 4ept... 611 611 6 11 6 11 611 6 11 6 11 6 12 6 14 612 614 d. Doc. Steady Steady at Steady. - opening, highest, lowest and closing prices of futures at Liverpool for each day of the week are given below. These prices are on the basis of Uplands, Low Middling clause, unless Dec. 16 — For Bi emeu—Dec. 11—Steamer Nmuberg, 2,300. Philadki.i'Hia—For Liverpool-Dec. 13-Steamer Indiana, 505 16—Steamer Britis.i Crown, 2,039. Steady. The Marti), 5,010. Norfolk—For Liveroool— Doc. 13-Steamer Kingdom, 5,323; bark R. Morrow, 4,30 For Bremen—Dee. 16—Steamer FTalcvon, 4,355. For Goitenburg—Dec. 13—Bark Auiicbia, 1,627. West Point—Ft Liverpool—Dec. 12—Bark Ah blow, 2,100. Boston—For Lveruool—Dec. 9—Sreamer Borderer. 2,7*0 Dpo. 12 — Stea uer P.tvonia, 1,04.5 Dec. 16—Steamer Norseman, 2.524. Baltimoke—F< r Liverpool—Dec. L2—Sceamer South Cambria, 1,446 Dec. 15-Steamer Sa matian, 2, 13. buyers’ Futures. Market, Dee. 17-Bark John Watt, 3,*70. For Antweip—Dec. 13—Steamer LotoJiirst, 4,996. For Genoa—Dec. 12—Bark JedaneMi Dubrovacki, 2.383. For Vera Cruz—Dec. 17—Steamer E*tabauda Aumnauo, 1,077. Charle>ton—For Liverpool Dec. 12—Steaun r Para, 4,2L5...Dec. 16Bark Fiauk Stafford, 3,776 Dec. 8-Steamer Maude, 4,155. For Havre—Dec. 18—Bark Hosten, 1,634. Bremen—D 13-Steamer H For e. island, ; bark Juno, .] lor Bareeloi a—Dec. 13—Bark Yduu, . Savannah —Cor Liverpool—Dee. 13 -Ship Regent, 4.333 Dec. 15Bark rikomu, 2 603 Dec. IS—Bark E. T. G., 3.191. For II i\re— Dee. L6-Bark Condor, 1.175. For nremeu—Dec. 13—St amer Gleadowe, 5,960. For Barcelona—Dec. 13—Steamer Wivenhoe, 5,010. For Corunna—Dec 13—Brig Bailie, 609. In 51316 51516 Mid. Upl’ds Mid. Oil’ns. Spec.& exp. the latest dates: Below mmmm V 267 Included in the above totals Steamer Carn .... Reval, steam—d. 51G-1132* 6ia~u32* 516-1132‘ 51G_1132* 516“1132> 516-1,32* 1.931 Total.. 112.499 l, 0i» ••• 1332* .... .... .... .... • .... 551 55t particulars of these shipments, arranged in our usual follows: .... .... .... 55t 191.263 are as Frx. 1332* 1332* .... .... 551 sail.-.c. Do .... 1332‘ Jfl* sail—c. Do .... .... 1332+ .... Hamburg, steam, c. Princess, 1,931 San Francisco—Tc Liverpool, .... l332* Amst’d’m, steam.c. Baltimore—To Liverpool, per steamers Hanoverian, 3,700 Boston—lo Do 1,363 34,004 2,655 Scot’s Bay, 3,5* 9 •To Havre, Per bark Bacchus, 2,843 2,*43 West Point—To Antwerp, per steamer Reupor, 5,121 5,121 Newfokt News-To Liverpnol, per steamer Pemptos and bark NWsmore, 4,462 sail...d. Do 824 2,738 1,650 Thurs. Liverpool, steam d. 13t4~732* 1364"732* 13t4-732* 1364~732* l3G4—732* l3e4~732* Havre, steam—c. 1,712 3,292 follows: Wednes Savannah—To Liverpool, per steamers Ardaurigli, 3,654 NawortUCa6tle, 4,353 Upland and 101 Sea Island To Bremen, per steamer Scaw Fell. 6,000 To Amsterdam, per steamers Madrid, 4,902 Serplio, 4,390 To Barcelona, per bark Gugiielmo C Stanford, 824 To Genoa, per bark Rosenrus, 1,712 Galveston—To Liverpool, per bark Mersey, 3,292 To Havre, per bark Griqua, 1,047 Wilmington—To Liverpool, per bark Fidelio, 1,363 To » rcmen, per bark Teviot, 1,468—per brig Svea, 1,270.. fJ o Ghent, per bark Niobc, l ,650 / •Norfolk—'lo Liverpool, per steamers Lord O’Neill, 7,639 Salisbury, 5,22 ) Waverly, 3,09 > per ship Austria, 7. 226 per barks Emilie L. Bo.) d, 4,660 M. & E. Caun, as December. d. .... .... .... .... Sept.-Oct... .... .... .... .... Oct .-Nov.. .... .... .... .... - .. .... .... .... .... .... •••• • • • • • ... •••* • • • .... .... • • • • .... .... • • • • 553 5 53 .... •ft? .... .... * * • • • Barrymore, steamer (B^.), loading at L >cust, Point, Baltimore, for Liv¬ erpool. A tire broke out A. M. of L7th, between decks on steamer Barrymore. 8he had on board about 3,009 bales of coiton and Wednes., Dec 59,000 bushels of wheat and corn. Il^r engagements were for 4.500 nales of cotton and 80,000 bushels of grain. Up to 9 1\ M. of iho 16th she was s ill taking in graiu, and the fire is sup¬ Open High Low. Clot. . 17. some posed to have been caused by tne accidental upsetting of a lamp where the cotton was stowed. On investigation it was discovered rihat the grain daimiged, about 12.000 bushels of corn, was in one waicr- iglit compartment, ami it is said that the balance of the grain has suffered very little, if any, injury. The entire damage is 'tariiuated at about $40,000. ih mgli the cargo will h*ve to be taken out before the actual damage can be known; fully insured. Iberian, steamer (Br.), from Bosto i, N »v. 2 \ t.iok fire at Liverpool Dec. 12, but it w«s soon extinguished. Tue vessel and cargo were slightly damaged. Sapphire, steamer (Br ), from New Orleans, Nov. 23, with a cargo of 5,8n8 bales of eott »n for Bremen, stranded Doc. 15 at Nieowe Dieppe. Crew saved. On ihe 16th the steamer’s hull was under water. William Crane, steamer, frovi Savannah for Baltimore, returned to thefoimer port on the 13th iust. with fire in her cotton cargo. Thors., Dec. Frt., Dec. 19. Of) Open High Low. Clot. d. d. 5 53 551 553 5 51 5 53 551 5 55 5 24 555 5 51 553 553 556 5 59 558 5 59 5 58 559 5 62 563 5 62 5 63 5 62 563 6 03 6 02 6 03 6 02 0 03 6 02 603 d. d. d. d. d. 5 53 554 5 52 553 5 52 5 53 l)ec.-Jan.... 5 53 551 5 53 5 54 5 22 5 53 5 52 Jan.-Feb 5 55 5 50 555 5 56 5 55 5 55 5 53 Feb.-March. 5 59 March-Apr. 5 03 5 60 5 59 5 60 558 5 59 5 58 600 5 63 6 00 5 62 5 63 April-May.. 6 03 0 04 6 03 001 6 02 d. d. ... May-June.. 0 08 0 10 June-iuly July-Aug... 0 14 Aug.-Sept... . .... Sept.-Oct. • • • Oct.-Nov.... .... • d. d. 5 51 d. 5 53 .5 54 December.. Open High Low. Clot. - 6C8 0 03 6 09 606 0 07 6 00 0 07 0 05 0 07 6 05 607 0 11 0 10 0 11 809 0 10 0 09 0 10 009 0 11 6 09 6 11 6 15 6 14 6 15 0 13 014 6 13 6 14 6 13 6 14 6 13 614 .... .... .... .... .... .... .... .... .... ... ... ... .... .... .... .... .... .... .... .... ... .... .... .... .... •••* .... .... .... .... • ••# December THE CHRONICLE. 20,1884.] The comparative BREADSTUFPS. Friday, P. M , 715 December 19,1884. in the flour market fluring the past week—more, however, in tone and volume of business than in dearer prices. The export demand has con¬ tinued quite brisk, and the local dealers, with difficulty induced to purchase freely on the eve of the holidays, have certainly shown less than the accustomed reserve at this season. It is far less easy to purchase desirable lines at prices approximating inside figures. To-day the close] was quite There has been some improvement firm. shipments of flour and grain from the years, show follows: as F.our bbls. Wheat Corn Oats bush. 1883-S4. 1882-33. 1881-82. 1880-81. Il,c67,153 9,523,570 8.574,876 8.391,187 63 974.257 40,315.570 103,045,4 34 49,008,246 53.178,006 81.339,332 50,777,243 65,562,345 5 614,155 5,953,853 9.764 619 5,773.334 5,261.613 3,141.197 47,368,051 103,597,755 32 955,680 4 755.982 Barley Rye Total grain Below speculation. The extreme low figures to which prices receded early in the week brought 'forward buyers more freely. They purchased not only to cover outstanding con¬ tracts, but there were operations] to a] considerable extent arising from confidence in a higher range of values in the not distant future. To-day the opening was somewhat depressed, caused a slight advance. wheat going out of the market to give support to efforts to advance prices; high rates of freight check exports, and millers buy sparingly ; the close was therefore dull. but a demand to cover contracts There is not, however, sufficient 2 RED WINTER WHEAT. DAILY CLOSING PRICES OF NO. . , elevator January delivery February delivery In March delivery Sat. 82% Mon. Tucs. Wed. Thurs. 82% 82% 82% 83% 83 793s 81% 79*2 81% 80*4 90% 7.0*2 81% 8 '*2 82% 81 84 82% 84% 82:% 8 4% Fri. 8i7s 84% April delivery 86*4 86% 86% 85% 80% 87 88% 88% 87% 88% May delivery 88 87% June delivery 88% 88%; 89% 89% 88% 89% Indian corn has continued scarce for immediate delivery, but the demand has been so moderate and the speculation so wanting in spirit that prices for nearly all positions have turned in favor of buyers, the advances, when occurring, hav¬ ing been mere ‘‘ spurts ” and not at all sustained. Supplies of white and of yellow have shown some increase, and these grades have shown less strength than mixed. market was quiet. DAILY CLOSING PRICES OF NO. 2 To-day the MIXEDfCORN. Tucs. Wed. 54 55% 55% 54 51% January delivery February delivery March delivery April delivery." May delivery 473s 403s 53% 48% 40% 46% 55% 53 4 54 47% 4658 53 47% 46% 46% 40% 46% Sat. 47% 46% 46% 46% 46% ,nC 403s 46% Fri. Thurs. Mon. In elevator December delivery .... .... 46% 52% 47% 40% 40% 46% 4o% Rye has remained dull, but for barley the demand has improved, and the bulk of the stock in store is held for higher prices, checking business at the moment. Oats have shown an increase of speculative interest, with prices on an upward scale, while the regular trade has been very good. To-day mixed further improved, but white were no dearer, and the close was quiet at f°r No. 2 mixed for January, 33JsC. for February and 35^c. for May. The following are closing quotations: FLOUR. $ bbl. $2 15a> Fine Superfine Spiing wheat extras. Minn, clear and stra’t. Winter shipp’g extras. Winter XX Patents City snipping ex Bouth’n stip’g extras. 2 35@ 2 75 <2> 3 oOd> 2 75^ 3 75 3 4 253 2 903 3 00 3 2 75 i Southern bakers' ana 2 85 $4 25 3 family brands 3 25 Rye hour, superfine.. 3 50 3 4 75 Corn meal— 3 153 3 25 Western, &o Brandvwin«. <feo 3 35 3 5 00 Buckwheat flour per 5 25 l 90 3 4 25 100 lbs 4 00 5 00 3 75 3 40 3 4 i 2 10 GRAIN. 60 Rye—Western Wheat- Spring,per bash. 8pring No. 2 Red winter, No. 2 Red winter White Corn—West, mixed West. mix. No. 2. West, white White Southern.. Yellow Southern. 75 80 81 70 78 46 52 49 49 49 9 3 3 3 3 * ® 3 3 86 83 32 34 33 Oats—Mixed White No. 2 mixed No. 2 white 83% 90 86 55 54 51 54 52 65 State j 38 3 33% 34% 3 52 Buckwheat Bariev— No. 1 Cauada. 82 75 No. 2 Canada State, two-rowed.... 60 State, six-rowed 70 61 67 3 3 3 3 3 3 3 3 3 34% 35 54 86 80 6i 73 The movement of breadstuffs to market is indicated in the statements below, prepared by us from the figures of the New York Produce Exchange. We first give the receipts at Wester ; lake and river ports, arranged so as to present the compara¬ tive movement for the week ending Dec. 13 and since Aug. j for each of the last three years; Flour bbls. Wheat.,. Corn.., bush. Oats Flour. Wheat. Corn. Oats. Barley. Rye. Bbls.lWlbt Buth.m lb* Bush. 50 lb.' Bush.32 lbs Bush.i&lb* Bush.bhu 41 070 406,301 332,923 070,370 131,193 1,309,705 Chicago...... 10.170 2.830 100.810 40,800 Milwaukee.. 510,305 73,001 4,313 2,550 Toledo 14,567 189,447 40,490 4,508 20.474 10.555 353 Detroit 98,396 51,079 3,610 Cleveland. St.Louis Peoria .. .... 4,129 27.992 1,500 Duluth 37.000 297,655 6.470 Total The rail and lake weeks were: * Tot. wk. *84 251,023 3,117,415 183,989 2,058.245 1,327,432 1883 1882 24.000 27,612 ■•215.290 87,222 23,140 119,775 18,000 8,500 183,821 7S7.037 595 597 93.714 1.016,707 655,423 477,537 187.413 774,470 06,161 -4.374.057 60 213.704 35 409,838 23.646,373 8.835,823 3.173.174 4,100.939 4,124.379 47.000,599 47.814.004 30,301,217 10.719.22l! 48.018,144 28.888,101 22.703.980 7,723,282' 4,952.487 2,2 9.415 Week Dec. 17. 271,829 257,656 207,139 124,311 247.014 997,482 345,462 198.533 252.151 857.915 310,922 -- 226,993 489,290 994,117 474.893 162,201 17,028 254.985 89,677 2.657.511 2,252,952 shipments from Wheat, Corn, Oats, bush. bush. bush. Bxrley, Rye, bush. bush. 182.201 17,028 172,497 1,93 1.928 1,245,311 752,738 180,193 195,298 24.179 39,306 3,192.620 6.476.662 2,379.107 730,495 2.743 63L 4,476.110 3,423,239 1,472,105 921.613 1,797,768 Tot., 4 w.1200.276 4w’ka’83.1139,618 Flour, Wheat, obis. bush. 191),063 150,150 61,777 8,809 500 16,063 7,947 8,500 1,600 14V200 337,330 28 .’,981 26.645 29,5 b5 237,583 Newp’t Nows.. - - - . . Total week... 3 43.606 Cor. week ’83.. 3o8,611 562,743 1,636,3 44 465,9 85 1.082,299 same 19,560 1,500 2,000 12,253 ...... ...... 87,077 Rye, bush. bush. 165,352 2 29,425 53.035 39,500 2,980 6,009 ‘2,50) 71,00) 48,600 busn. . 13,956 receipts at the 195,683 2 )6,017 Barley, Oats, Corn, bush. 671.360 297,025 11,195 115,175 at the seaboard ports for the The receipts of flour and grain week ended Dec. 13 follow: The total 1,617,134 554.503 310,397 358,283 New Orleans... 1,826,757 572,2 40 499,56 i 226.933 240.226 Baltimore 180,903 45,273 1,623,667 271.S29 Pniladelphia... 33,235 1,676,750 259.767 At— New York Boston Portland Montreal 1881. ports for last four same bbls. 12,355 23,060 89,834 320,575 323,525 466,746 253,582 ports for the period from Dec. four 24, 1883, to Dec. 13, 1881, compare as follows for years: 1882-33. 1881-82. 1880-81. 13,560,214 13,669,785 12,423,498 12,242,000 Wh^at..... bush. 69,071,276 60,261,865 46,104,046 31,912,251 83,191,659 31,001.912 5,925.972 5,612,306 86,030,452 33.032,250 r87,926,236 101,681,799 26,311,481 5,461,907 1883-8 4. bbls. Flour Corn Oats 6,283,457 5,516,287 Barley Rye.... Total gray. The 26,632,847 5,606,772 2,094,766 2,106,457 223,490,880 ...158,890.317 [18 5,996.74 L 153,407.037 week exports from the several seaboard ports for the ending D^e. 13, 1884, are shown in the annexed statement: Exports from New York Boston Portland Montreal. Philadel.. Balum’re N. O'Pus N. News. . Total w’k S’me time* 18fl3 . Flour. Oats. Rye. Peas. Bush. Bush. Wheat. Com. Bush. 561 *8 6 20,2 '0 16, uO J Bush. 433,619 27,3 39 271,218 27,399 86,598 77,0)1 23,103 14.818 1, '22 25 924,615 763,967 130,301 385 56,411 28,313 736.430 717,435 212,726 1,500 186,310 11,250 138,351 ‘ Bbls. 105,631 49.069 Bush. 351 9 • 17,361 ...... 9,5 14 Exports 1883. Week, 1884. Week, to— Dec. 15. Dec. 13. Bbls. Bbls Un.King Contiu’ut S & C. Aiu W. Indies Brit, col’s Oth.c’n’ts We add the Corn. Wheat. Flour. for week x0,952 56,411 The destination of these exports is as below. corresponding period of last year for comparison: 138,220 9,573 141.894 11,828 12,040 1881. Week. Dec. 13. Bush. 22,316 502,2.9 4 1883. Week, Dec. 15. 1884. Week. Dec. 13. Bush. Bush. 658.109 484,093 193,303 24,2..8 42,578 175,428 38.971 5,218 10,467 8,476 20 8.g)4 11,«04 22,802 350 13 169 33,501 180,304 212.726 924,615 1883. Week. Dec. 15. Bush. 5 43,177 13.-2-* 19 205 736,490 763.967 717,435 By adding this week’s movement to our previous totals we of exports since September 1, have the following statement this season and last season: exports since Aug. 25, to— 1884. Com. Wheat. Flour. 1883. 1884. 1883. Aug. 25 to Aug. 27 to Aug. 25 to Aug. 27 to Dec. 13. Dec. 15. Dec. 13. Dec. 15. Bbls. 1,413,415 1.832,791 2,013,229 1882. Week Dec. 16. Flour, 075,407 Same wk. ’83 8ame wk. ’82 Since July 28 1884 19.650 493.440 134.900 Wt ik Dec. 15. 1,670756 551,M>3 Barley Rye. Total... Receipts at— 1883. 1884 TTeek Dec. 13 . 2.296,759 207,658.840 213.96/.203 102.326,214 195,974,227 the rail shipments from Western lake and river ports for four years: Week tndina— Dec. 13.. Dec. 6.. Nov.29 Nov.22.. 35,182,423 .... are The wheat market has at times shown much more activity to the same ports from Dec. 24, 1883, to Dec. 13, 1884, inclusive, for four Bbls. Bush. Bush. 1884. Dec. 13. Bush. 474 4,300 033 799.‘231 302,051 21,538 119,100 9,550.238 5,801,675 1883. Aug. 25 to Aug. 27 to Dec. 15. Bush. 11,102.854 2,744,595 430,809 157,147 1,779,507 Continent... 1,091,201 170,220 121,004 9.581.545 11.249.952 8 4 0. Am... 23 L033 203 951 34,845 West Indies. 276.200 265,015 Bnt. Col’nles 277.931 146 8,010 37,267 70,790 O th. countr’s 10,313 250,777 10,527 13,437 600 43,079 104,630 2.605,013 2 030,781 20 879 925 15 3-2.533 5 601,430 14.070.855 Un. Kingdom Total. ... THE 716 CHRONICLE The visible supply of grain, comprising the stocks in granary at the principal points of accumulation at lake and seaboard ports, and in transit by rail and water, Dec. 13, 1884, was as follows: In store at— New York Do afloat (est.) Wheat, Corn, Oafs, bush. bush. bush. Albany 9,923,411 9g 461,339 2,000 Buffalo 2.7589 00 291,598 1,064,109 325,952 11,500 84,000 11,000 96,OoO 908,000 11,995,000 Chicago (<‘Rt.) 3 l 6,967 Newport News... Milwaukee 2,598.868 — Duluth Toledo Detroit 2,778,373 Oswego Bye bush. b ash 296,273 00,102 281,107 1 f 8,000 323,«)00 32,000 502,000 188,600 83,000 17,082 94,502 11,207 J 3.00 J 3,493 966 25 819 233.058 2,606,758 173,288 68,800 49,784 21,144 35.168 Boston 104 924 238,039 434,035 Toronto (Deo. 0).. Montreal (Dec.U). 161,873 296,687 691 450 459.4-0 St. Louis Cincinuati(Dec.C) Philadelphia Peoria Indianapolis Kansas < ity Baltimore D >wl Mississippi. On rail in, *84. 0,’H4. 15, *83. 16,'82. 17,’81. Dec. Dee. Dee. Dee. Dee. 18634.$ * Included in the foregoing totals are the reports from Milwaukee New Haven, Portland and Falmouth, Richmond, Willamette and Yorktown, the details for November, 1884, being as follows: Milwau¬ kee. meal— Indian com Barrels Value .$ New Portland <£ Haven. Falmouth. Wheat — Bushels.. Value $ Wheat flour— Barrels Value .$ Total values— . 4.350 407 656,259 24.427 50,036 35,449 39,20 L 29.661 12.197 303 14,891 71,633 59,5 42 4,836 105,226 949,281 8,6 35 96,900 829,‘^37 1,082,717 51,124 315,250 322 380 6,031 <5,458 10,105 592,581 1,560,045 3 4 -s.45 3 90,567 12,122 1,101 3,211 _ 368 121.752 81,100 39.200 41.-0.1,779 4.617.251 4<>,8o9,033 5,365,666 35 1 18.221 8,815,3 76 1 '.781,137 7,107.700 is,216.593 17,932,203 51,736 4.167 2,400 1,392 41,135 16,048 100,894 . Nov.,*84$ Nov.,’83$ 1,163.499 783,750 28,000 25,000 17,031 5,250 2,360 5,050 1,485 84,844 17,134 23.725 6,060 7,375 84,314 800,834 48.725 47,641 137,777 1,029,553 57,855 1,185 133,587 600,725 1,449,438 1,220,067 50,412 THE York, town. 265 11 months— 633,585 Willa¬ mette. r*or» .. DRY 220,315 1,119,727 GOODS 3.250.213 898.834 3,129,975 870,338 TRADE. Friday, P. M., December 19, 1884. Although quietness was the prevailing feature of the dry goods trade the past week, there 675.Gi9 3,302,210 2.075.36S 705,036 5.894,554 3,519,956 2,751.634 2,903,162 3,0 >2,084 1,277,996 proved feeling 2.589,090 2.851,627 1,32 1.911 character, 2.943 8G5 2,102,412 Rich¬ mond. 1,050 3,7t0 . . . 28,340 7,604 120,951 Tot. T>r. Tot. T it. Tat. Barley, 140,093 [VOL. XXXIX, developed adapted to the present as continuation of the im¬ was a lately. season were Transactions chiefly of a < in goods hand-to-mouth is almost invariably the case at this time of year, The following statement, prepared by the Bureau of Statis¬ tics, will show the exports of domestic breadstulfs from the when both undermentioned customs districts, during the month of Nov., purchases by pressing wants in view of the near approach of 1881, and for the eleven months ended the same, as com¬ pared with the corresponding periods of the previous year: the “ stock-taking jobbers and retailers ” period. deuce to show that n'T o z X 02 • 1 i . • f—1 <— • X X • C o ~ % o ~~ — ,©* t2 Ct ©, = a. , , • z g . . ; rt ! ; ; ; 3 ?! fo ^ m trade ruled 5c o ■cow! © 2 O ©• b oooo. b xx* com ; 5c" co: ococ: CO**. X *1 © 10 Bushel. to J') 01 wl I-1 *©"—• O'M X© Mto to X © O' OI to o< -IOWM © -4© © J M ; M © M M : 01 vl to © ; : ; : : : ; : Q. ; : . . :4 , : - - OMO -I ^110 to X *1 XI CC © i-* *- M to U —d— W to CO © *-1 © to © to w : : : : **>—*-1 a o. © M *-> k- >5 • X O'tO tO <-■ M © M © rfto ©©©©©© O' —c X©.M©tOt0©©WM . 4 O' © -i • • ; • ; • ; M • ; ; ) to • i i: — © © - M V mc ©tO © Vi © a cob — b tote a v — to to x-i©b'M0. to © re x © m o« X tC © c. *o © © • X K © **1^0 rf* X 0> 00 *- © Vacow-'-i x m ** c CO© - *1 — to X r- 10 c M O © X I--1 T U- 10 © *1 I MX© - 5fi—! to-* • -4 to •*>; Cl © V -o X C0-11 T CC Vi V I j © to © M — X >-* 5i CO C0 3C.X •'I o to to C: ►x — o» c. 2 X © -5 CO X -1 © CO CO Cfj O ; co 5* In bx ■ b* fie bon"c 5. xx 1 Mtc-i-x?-- ! CC X — ! x © CO v - — — to — . to . 5-7j tc cc ©1 © ©j b JI to I — ~ % x* -r CO© «© ©> —* i—i i-* CO a. M -1XMCO M CO Cl ! -i yee rf* i w M CO 51 -1 co m ; X 1C to. © X -JO *• <1 X tti* *-■* cc to :o © cr —‘-c© i — 1 -1 © O.IC-T'C C O' X M © M v< M w-V j > - X ** to ccox-c x | : M>bb CO © o:1 © ■) ©tooqcc ! bb Mb lb toco; O'M C © ** ** -j X ; x • I — «— © — - c; ; X to © - c. © VJ • b ? — to © © x 5c CO 10 © M *J ^ M1 10 >- 10 C : :7?6©: ! * -‘O'. ' to © © • • *4 -1 ; © © ;c • c. *. • ~ 7 x cr. * t. O * ►—i 50 JO Mj ^ CO *— X / c moc.: x © © ■ 1. C — I ' O' — C:|' ‘ © © v r. © ~ o: x i i co * © :o ■} — ' b X I - X ! V ©: m . o - 1 ~ i 10 V !0 0 < - s © 7. ' © v V ! I— —* ' © © vi x — ci -* x © -y. > Mtobl-C © C V' © © - t •• ec © c '0 r to' * , Vw • to Oi © © iv 94 _ . — -1 io *»<?•; 1 tC I r©—x * .0 CO x © ?;©©>•© x . l; ’v! r.-to r'r „ M • te I © © - I i o * co 71.4 * c« c « io'-ilib—'* bio" C'l ; Cc' b -J VC to e hi: X r m i-j: : o.| ■ T- — cT C. M v . , • o 1 ♦ c -1 © X to © 5. x r>c OT t -1© 1 ‘ J . ©• o: . 4 © 22 ; V-L t— o. • © : ® V*h* ■ t z © c: © -i r. - o-| Otto to X ©© -1*1 X ^ —1 j i 10 - © © © o: © *-t — o: i> M 'J C 1 -C MM © © . WM KM CO . • ; X X © © -1 U M O — ^ i: it- . - - O — X C O' O' .t - n © f t*' i -> c '£ » i - M — - r © r j * ' 1C CC t * - - O' © -1 X O' ' X 1 0; *1. V-4 : : : © T to •—1 CO © - - © S* to © to I u X .©*.•’ c: ©. -4 8 ; © j ?' Jw ^ ’ - © O'l ! > T . * . - r m to © cc CO .... ■ : . . X V,. —' 1 C! ~ * -C . • * 1 • • - X) • • C * vX 1C ©' ; Oi • © t — . oo — | ' 4,. r-* T. - ji c “HC *^1 c tv iv M O' .0 «ic.m to to © ' -■ 13 M -C •© © CC C'* « - - VO ! . A * © n 1C © . - 1 to to CO © X O' c ^ ~ ^' © Of. *.. 1 y • • a. a b 11—110 g! Ml — ct> * s -l-*C to —X i © ** CO M I M x H®ab 5 © > © ** 8 it ©-1© j** *. i © © Mmjo M © m tO© © M © to © X I X • , 1— M M M I; h *j : 0 50*^1 ' -4 O' <1 O' o © i- X '1 ■ M cc © © c ■M*l©tO -1© * quiet, but X ■ ri V' CO X 10 Oi-*l *J © M kinds of a fair distribution cf domestics, prints department goods Domestic Cotton Goods.—The © © — some was lated stocks. ST 4 © The jobbing lots ©©• CC ©**■ —tc -J M © X 1Z to © © a more made in package by a few of the large jobbers. Values have not materially changed, but there was a much firmer tone in staple cotton goods, and some descriptions have been slightly advanced by manufacturers’ agents, who have lately closed out their accumu¬ and | o o ; - beginning to take spring fabrics—for future delivery. iu certain a I ■OMX© X© © — x »*© O however, ample evi. hopeful view of the situation, in confirmation of which a very was done by commission houses and importers c 64,2516 71,3029 6,7543 7,609.1 was, their o o* * • are govern • ©© * * • *5 <6 • There distributers disposed to fair business _ 5 2 2 oo .x ; ~ X I -* are X 10 - 1 -UOMIO i::: U-4 w o • 0 -* — -1 4 ^5 exports of domestics com¬ pared unfavorably with the preceding week, only 890 pack¬ ages having been shipped from this port, which were distrib¬ uted as follows: Chili 188, Great Britain 11G, Mexico 107, Uru¬ guay 92, Hamburg 90, &c. The general demand at first hands was comparatively small, but a fair business was done in brown sheetings and drills, with jobbers, exporters and converters, and prices are firmer, some brands of Southern sheetings and drills having been advanced ]^q. per yard. Bleached gcods were in fair, though lessened demand, and prices of leading makes, as Wamsutta, New York Mills, &c., were advanced to 10t£c., while low and medium grades are more firmly held. Cottonades were more sought for by Southern and Southwestern jobbers, but denims, tickings, cheviots and other colored cottons, were mostly quiet, as were cotton flannels and corset jeans. Print cloths were in mod¬ erate demand and a trifle easier, closing at 3 3-lGc. plu3 1 per cent for 64x64 “contracts,’’ and 2 13 16c. for 56xC0s. Frints in were irregular demand at first hands, but mostly quiet, and there was a very fair business in ginghams, seersuckers, chambrays, lawns, piques and white goods for January delivery. Domestic Woolen Goods.—There was a continued light and disappointing demand for men’s-wear woolens at first hands, and the jobbing trade was by no means active. Worsted suitings were in fair demand, and there was a considerable movement in leading makes on account of hack orders; butcassimeres ruled quiet and overcoatings were in meagre demand. Satinets were l ght'y dealt in and sales <:f Kentucky jeans and doeskins were strictly modetate in rmcui t. Ladies'cloths, tricots and all-wool dress goods were in steady, but moderate request, And some-fair orders for Jeis» y clolhs were placed for future delivery. In flanmls and blankets there was a very light movement, and all iwls and skirts continued quiet. Wors¬ ted dress goods were devoil of animation, though some fair orders for spring fabrics were placed with agents. Carpets were more sought aftor, and there was a slightly improved demand for hosiery and-knit' underwear by buyers on the spot and through the medium of ^orders. Foreign Dky Goods.—Tnedun .nd for holiday goods hav¬ ing practically ceased as far as importers and jobbers are con¬ cerned, there was a conspicuously light business in imported fabrics suited to the present season. Fall and winter drefii December goods 20, D84.] THE CHRONICLE. were very quiet, but some fair orders for spring mate¬ booked for early delivery. Silks were rials were dull, and velvets, plushes and satins were in light request, save when offered at prices which greatly favored the buyer. Linen goods continued sluggish, and laces, embroideries and hand¬ kerchiefs have relapsed into a quiet condition, while transac¬ tions in hosiery and gloves were mostly restricted to makes 717 Receipts of Leading Articles receipts of leading articles of domestic produce in New York for the week ending with Tuesday last; also the receipts from that January 1, 1884, to> date, and for the corresponding period of 1883: adapted to the spring trade. Importations of Week ending Dec. 16. Dry Goods. The importations of dry goods at this port for the week ending Dec. 18, 1884, and since January 1, and the same facts for the corresponding periods are as follows: \Total Ent’d Total Ent’d Flax Silk Cot n Wool Flax Silk Cot n Wool the on for Total of— i j 14, 1 to to 00 x o © X* © tv © O' © to to © © ©X X © ft M 3 b b- co I—1 H c tex to to oc ©©•*! i-* *-©*-•-• cn © -J »t- to X to on It-© C CO O' C. h- O' K © x 13,645 X© ©.© bn O' © © to -J W to© b< x'~4 X > pc © X HtO'-'HIO x it*:»-J to © i-* © O' X X X ©© .U ©X © M 1-00 0 b* r-O UL © it* t- CO It* <t © X X c X it- it* to XX -tiX X X -1 © © (j QCW M r M I-* c CO tCX © +-© X X QC © X I-* to it- © 0" © © I- X *-JX -4 X M © -11- Ob *0 Is-' X © to -1 X© ,*4 0' a. O PC o< Sj © X CJ' -1 -1 ft O' |U © in -4 X©H-C X r to © to -O'ltOCX) © to © to x -i© ©u>x<t © b* ft - b © 10 © CC s X X O' © O' - J X © X to to © ©© g -o M © CO M to to X tw k-» to X I-* to© c0 c ft z | z cuono; © O' X X O' r- ft © © *t *j *-t X X X JDX X X © 1 r ©K> — ** ©> © i-* r* © © »-* © O' It* © co c M to M H to <1 >f- O' Of X X t5iJHHlO to © © O' (> X X -. © 1 © ©O'© on 1 to to It- X X 10 K-1 © © I-* o: © © © it*.* xS X ^ *1 © © 'CMC® O' X- 4*Jit*X x‘-c F © X O' X l—' c i— O' *J to © *1 © X © if* to it* i-* * F-r* X to x 4- -’-1 X X MCCMCO 7* cbobw l-- *i n ►n C X © © *1 CO t'C bT Oi © tO xj — *1 X it* I-* ft s? to to to © M to to X -o -1 — © to X X .t* to 6 tc <* w it* co sc 1-1 c © X it* © x © © O’ X C. X r-* to© © c © © X ot it* X© ft 4- — - ft OD vt- to rf*. ^t © © in x *— CH *1 X © if- © © X .... h- c ^ C CO b it* o: o o© pc c; c X h- © © X or © x t* X CO V- — it- M o» X to »- M to x xD © ’if- | ©XXX © C © it* X X © i I- *1 Itb* it* if* O' X © it- 4- © © I-* b. to x >t** © © ~ X © O it- © © to s i—* it- to I-1 (-* to 4* c»t* C to to on x to X o» bo* CO x © b'©.'toc ! o *l it*0 1 CO by | Q0tn iU & O' © > to c to *1 if* © © X c? to X it* X exit* ©to © O' © 1- ©. O' © too — ©• 1 — 10 — to © to X *1 It- X X to — *] ©© © © to X to 1 © r— if- X © x -f* QC t O It* 1 to © : MX X © ■*! tO tO © X •** ! x to It* O' ' © -1 © X © *1 ! o’*1*10© X i C © — it* *1 X © © X JI w l O' © © C it* X it* Xto © C 0" ! C * * 351,109 324 63,548 7A281 2,842,243 504,224 2.103 78.005 107,091 1,922 7,329 2.642 Rosin bbls. Tar bbls. bbls. 358 pkgs. 23,101 1,261 15,977 bbls. 72 461,037 5,642 443,992 7,659 360,560 394 712 23,840 3,459 Oil, lard Oil, whale..... galls. Peanuts bags. 2,666 94*443 S 4*420 pkgs. pkgs. pkgs. pkgs. pkgs. bbls. 3,355 100,906 33,354 827,536 1,516,335 144.424 — tes. A bbls. 5 46 36 7! 3 26.888 31,2-8 10,539 2,427.151 334.822 33 8,351 179. 03 37,514 965,188 1,529,5s S 2,425,195 722.908 465,303 No. 16,77 0 5,523 4,49 L Rice. pkgs. 6.673 Spelter Steariue slabs. pkgs. 3,8"6 72,992 119.791 24 L Sugar.... Sugar 2 4.519 bbls. hhds. 13,854 2.035 Tallow Tobacco. Tobacco pkgs. 1.361 3,1 46 677 1.634 13,128 11,621 77,664 15S.739 kegs. boxes A eases hhds bids bales • 1,375 7,629 2,077 63.983 55.S2S 134,814 104.552 368,486 44,691 65,650 130.049 18,-18 332,529 107,607 237.382 Oo 163,036 / Ti ft Exports of Leading Articles of Domestic Produce. The following table, based upon Custom House b. i-1 1 © X © *14- 3,018,760 CD I-* 1 © % 1 1 It- g CQ 145.115 67,548 107.319 347,398 229,403 131,870 82*478 Wool.... © *1 X to — 199,153 294.310 62,152 131 XX© *1 © © *1 © to © C © 01 X O' © © © to X X © 4* -c 57.909 160.481 bbls. Turpentine, crude Turpentine, spirits... bbls. Whiskey © , . 52,345 5,889 17,921,495 8,346,160 257,1 22 095,376 163,405 26,643.807 4,990,354 35,264,232: 18,808,188 7,720,098 243,506 75,458 © <1 On O' O' © if* © CD ^ X X - 1- X © j CC CO Cl* GC CO > — 1 if) or t 'o- '.>■ © *14-©. .»s M C X © —« X © © 0/1 O' X t-* c a. x it-1— M — tO C © ^ O' 4- tO X X ft ft X to c — KJ on 0^ I ft *-* X to tO -4 b* i_,sr ft O’ to © o* to-] © ■ 1,698 1,836 3,115 pigs. Hogs, drtssed Cc -4 1C cc CC cc No. hhds. Lard Lard Tv ^ X tO © X *1 X O' O' 7,297 6,036 bales. sides. Butter Cheese - 52.1 11 1,725 bags. bags. bales. Eggs ^ 129.2* 0 229.27 0 4.275 193,451 36,201,925 4,274,298 IS,464.885 6,988 a X X 179,025 9,900 €81,618 bbls. ©i— b© bush. bales. bbls. Cutmeafs s, c © Peas Provisions I-1 X ©*l©XO' © bush. s © © X 10 X i-1 X © © * 1 —* © *1 CCtOHOtO © Barley x *1 O' © X z bush. bush. Pork Beef P IO Corn Oats £ ►* X ft © © O' X 0- ~f} o > - CO ' X w g * 6,057,655 bush. Pitch Oil cake 3 X *1 it* © 0” i- *4 © X tO B i b+ sc c * ©t*3 >- ft § . —1 1 it* • — 5,835,139 Rye Leather Lead Molasses Molasses Naval Stores— CO -o CO O' to X © 5,395 01,174 4,049 Hops 1 =Q 4,488 182,616 * time last year. 62,850 bbls. bush. Hides ^! •—i Same 114 bbls. Cotton 1, 1,20 J Corn meal Wheat Cotton seed oil Flax seed Grass seed Hides H* H to ©.©! Flour, wheat Since Jan. 1884. bids. bbls. Breadstuff's— of— 1— 1 ►*• | co Total of— ! Ashes Beans Flax Silk Cot n Wool M i s c e l a n o u M a n u f c t r e s M i s c e l a n o u M i s c e l a n o u V l a n u f o t r e s M a n u f c t r e s port. fornsumpt. market. consumpt Total at of Domestic Produce. The following table, based upon daily reports made to the" New York Produce Exchange, shows the cv returns, exports from New York of all leading articles of domestic produce for the week ending with Tuesday last; also the exports from the 1st of January, 1884. to the same day, and for the corresponding period in 1883: shows the ■t* i — on Import* of Leading Articles. The following table, compiled from Custom II:>use returns, foreign imports of leading articles at this port from January 1 to Dec. \2, 1881, and for the corresponding period shows the in 1883*: [The quantity is given in packages wlicn ! China, 1881. j 49,420 35,61 1 .... Buttons.... Coal, tons.. Cocoa, bags Coffee, bags. Cotton,bales Drugs, 61,336 63.624 Peru. Blea, powd. Cochineal.. Gambier . . Gum, Arab. Indigo Madder, Soda, - sal... ash.. Gunny Hair Hemp, Hides, bales Ac.— Bristles 28,583 Wines, Ae.— . dr’sd India rubber bory Jewelry,<kc- Jewelry... 'Vatelies Linseed and Tea bags... ......... 4,9. 6 Tobacco 316 379 .... 861 baskets Wines 100,141 Fancy goods 7,192. 'Fish 15.673, Fruits, Ae.— 3 093 1.280 17,578 272,733 12,325 .319,409 4,555,532 103,835 Lemons .. Oranges . ... Nuts . $ 1.721,194 1.051,466 1,781.505 1,278.072 1,046,519 918,232 1,682,076 1,212.749 1,443,356 1,460,685 1,175,014 2,523,142 . . Molasses.. Metals, Ac— Hardware.. 2,334 7,269 S3,7i 16 2,026 3.031 1,573 996,447 81,919 5,149 661 ^ Raisins 2,157,058 3,602 Hides, undr. 16,014,12S 10,400,4 30 7,790 Rice 676,13s 464,239 8 1,880 Spices, Ac.— 2,068 Cassia 3.322| Ginger 1.533 .. .. Pepper.... Saltpetre ... 368,288 Woods— 93,052 7,050 1,100 223,591 260,10i 1,145,230 286,956 Cork 947.280 Fustic 105,193 Logwood .. Mahogany. 414,058 672.268 203.714 ‘ 1» 3,150 1,492,377 372,559 715,61 * 179 5,172.956 4,152 109.854 570,657 25.629,028 3,999 116,910 Rye bush 55,11 1 Oats bush 335 Barley luisb. Peas Corn Candles Coal Cotton Domestics bush. bush. 181,71“ 489,445 4 5.21 H ...... 1,997 pkgs. 5 13.313 948 tons. 431 bales. 21,786 pkgs bales. bales. Heo 571 bbls. bids Tobacco 13<*,4t 9 77,8 (8 54,644 700 ewt. 2 ',: 07 100 1<6 9,341 0,529 2,045,0 6 48,780 141,455 19,866.681 4.111.393 158,4509.977 116,957 24,490.440 47,847 68.935 620,397 134 352 122,126 29,991 255 31.942 231,103 9,015 6,674 2,107,168 136,751 gals 14,366 1,214 4,9.149 5 ! ,570 gals 6,220,4.3 321,599 504.899 36,541 360,916,7 02 389,990,390 3,6:9 1.874 1,556 127,163 171,040 46; 871 9,491,425 198,3^0,841 15,645,376 ...... 176,934 4 8.232 41,062 46.653 272,896,700 lbs. 20,412 402.402 18.341,908 93,714.227 191,104.776 20,216 lihds. 30,912.716 2,318 36,458,730 83.246 50,532 6,4' 0,127 97,573 976 13^.013 2,282 95,525 5,129,000 425 cases Tobacco,manufactured, lbs Whalebone 673,001 -1,268 1,097,869 bales and 50.048 65,342 233,178 bbls bbls. tie: ; 114,997 11.23,8,220 1 ti.999 gals Tallow 94.225 93 gals gals A 2,457,931 1,454 Whale Lard Linseed Petroleum Provisions— Pork Beef Beef Cut meats Butter Cheese Lard Rice 4.395,300 bbls. bbls. bbls. Sperm Tobacco, leaf ■ 17,498 1,650 Oils— 1,0! 2.122 10,844 bbls. bush Rosin Tar Pitch Oil cake $ 1,542 208 Flour, rye Corn meal Wheat Spirits turpentine 87,014 1,332 178 4,171.116 Crude turpentine 205,763 80,042 10 Same time lust year. 111.848 Naval Stores— 230,017 307.930 1884. bids. bbls. Hay Hops 1.152.233 170,905 .. 766; Reported bij 8,41 4 value. 30,191 Cigars 7- ,363 5,940,174 1,011.322 89,220 Cliamp’gne 71,175 Wool, bales 9,075 19,654 588,522 .... .. Hides, Cutlery 26,137 8,703 7,1 Ml 600,366 Sugar, boxes 33,836 13,782 14,687 cloth tes., A bbls. 30,567 2,315 65,347 • 7( 13.656 .. bi-cb. 9,68 9.089 Ae .. *vc— Since Jan. 1. I>cc. 16. lbs Flour, wheat 3,096,883 Sugar, lihds, 4,571 6,017 Oil, Olive.. Opium Soda, > 3,005,606 8,312 Metals, 18 SO. “ 762,8969,6 2 10,212 10,40 188 4. bbls bbls. .' Beeswax Breadstuff's— 40,139 lion. pig... 126.795 175,705 50,0S;t: HR. bars 1 3,5 1 r> 9,122 651.8 12" Lead, pigs. 41.457 i:-:.9i3 73,608 Spelter, lbs 4,913,729 7.123,0©5 9,960 Steel l,7o7,l 49 2.3 to,74° 12, i 3 r Tin, boxes. 1,940,57 9 2.078.1-7 * 53,512 Tin slbs.,lbs 21,028.162 >5,100,5 9 59.88 i Paper Stock. 298,958 230.128 Ac— Bark, Flax Furs |! Ac.— China Earthenw Glass Glassware Glass plate Soda, 1883. Ashes, puts Ashes, pearls not otherwise specified. 1 Week ending 1 >s. 89,34 1.555 141,847.912 50,725 6,591,625 230,639 THE CHRONICLE 718 [VOL. (Commercial (Cards. fftuanctal (Corap <raios. ^uMiattious. BUSINESS. OTHER AT0 Brinckerhoff, Turner Suretyship. Bonds of HAND-BOOK Railroad Securities •••••••••• • Y ice-President: President: COTTON HON. JAS. FEUKIER. SIR ALEX. T. GALT. JANUARY, 1885. And all kinds of 214,000 insurance Department Deposit with COTTON SAILDUCK $300,000 400,000 Casb Capita! Cash AssGts Manufacturers and Dealers In AMERICA. NORTH OF BROADWAY. DESCRIPTION; INCOME; Directors—Joseph W. Drexel.A. L Hopkins, II. Victor Newcomb, John Paton, Danie Torrance. Edw. F. Winslow. Erastus Wiman. New York DIVIDENDS. PRICES; & FIDELITY A Description of the and a Statement of Stocks and Bonds, tiie Income for four past, as well as the annual charges against income, of all Railroads whose securities are commonly sold in the markets of New York, Boston, Philadelphia and years Baltimore. Highest and Lowest Prices, Monthly.— United Securities—For the yeais States 1883 and 1884. Railroad Bonds and Stocks in New For the years York — 1883 and 1884. Railroad Bonds and Stocks in Boston— 1883 and years Railroad Bonds and Stocks in Baltimore— 1883 and 1884. Joy, Lincoln &Chauncey Motley, Strut, 43 & 45 White OF DIRECTORS accepted by courts Yearly Range of Active Stocks—Date of Dividends on Railroad Stocks sold at the Exchanges in New York, Boston, Philadel¬ phia and Baltimore, paid during each of , OFFICE” W. G. Low, Charles Dennis, Alex. Mitchell, S. B. Chittenden. CARPETS. Before buying your Carpets, Linoleum, Oil Cloths or Mattings, call at BENDALL’9 Richards. Carpet Store, 114 Fulton St., basement floor. Cheapest place in the city. If not con¬ venient to call, send for samples. V.Prds Sherman S. Jewett, Pres. Josiah Jewett, William C. Cornwell, Cashier. Bank of Buffalo, Littell’s Living Age. $300,000 CAPITAL, BUFFALO, N. Y. Correspondents.—New York, National Bank of London. 346 Sc 348 WILLIAM Chronicle, IS. DANA A 79 & 81 WILLIAM 75 CO., $200 per year, ESTABLISHED covery, Eugene R. Cole, Successor to STATIONER sears AND with complete outfits of Account and Stationery. New concerns organizing ders promptly executed. Brown, Wood & Kingman FOR Geo. H. Giloert Mig. Co., SELLING AGENTS Arlington Mills, Freeman MI'g. Co., Renfrew Mlg. Co., James Phillips, Jr. Fitchburg; Worsted Co., No. 1 will have their WILLIAM (IIANOVER No Water. USE No Brush. THE New York Stationery A: Copying Book New York, PRINTS, Envelope Co., STREET, NEW YORK. “ : STEEL PENS Boston, Philadelphia, I$qi.dBy ALL DEALERSThroughoutTheWO RLD y GOLD MEDAL PARIS EXPOSITION-I87S. SHEETINGS, The only possible philosophy or religion t hat cannot be found in it. Its readers are supplied with the best literatureoi the day.”—The Churchman, New York. “It maybe truthfully and cordially said that it never offers a dry or valueless page.”—Sew lorn . With each revolving year it increases No other periodical gives so diversified current literature.”—Presbyterian Banner. There is nothing like it.”— Chris'ain at “ It has for us an interest and value * * OF TIES, Wheeler, LANE, YORK. AND IRON TIES, (FOR BALING COTTON.) Agents for the following brands of Jute Bagging. “Eagle Mills,’’“Brooklyn City,”“Georg1a,”“Carolinft’, ‘Nevins, O,” “Union Star,” “Salem,’’ “Horicon Mills,” ‘ Jersey Mills ” and “ Dover Mills.” „V,t „ IMPORTERS OF IRON TIES, ’ „ in value. a view oi PdUvurq. 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If limited to but one publication, “ “ BAGGING . . science, criticism, history, poetry, travels, whatever men are interested in, an are found here. * * It furnishes more for tne money it costs than any other periodical within our knowledge.”— The Watchman, Poston. . fiction, “ Manufacturers’ Agents for the sale of Jute Bagging NEW . . , the first place ot “ WARREN, JONES & GRATZ ST. LOUIS, Mo. 119 MAIDEN „ , world of authors and writers appear in the Living Age in their best moods. Art, science and literature find fresh and eloquent expression in its pages from the pens of the best writers of the day; and the reader is kept wen abreast of the current thought of tlie age.”—Boston . BAGGING. Bullard & Politics and ’ " Drills, Sheetings, <£e., for Export Trade. fOTTOlV WRITERS, “Nearly the whole “Biography, Towels, Quilts, White Goods Sc Hosiery IRON LIVING of Literature, Science, Tribune. DENIMS, TICK8, DUCKS, &0. 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