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1
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0ittiatwiJ((f
HUNT'S MEllCHANTS' MAGAZINK,
BSPRB3ENTINQ THE INDUSTRIAL AND GOMMKRCIAL INTKRESTS OF THE UNITED 3TATK3
VOL.
SATURDAY. DE(;EMBEK
61.
%ht
ceding week or the week of
(^hvoxxxclt.
NO.
20, 1890.
last
year at both
1,380.
New York and
Boston.
Instituting comparison with the corresponding week of laat
we find that there is a decrease in the total for the
Terms of Subscription— Payable In Adrance:
year
per cent, and that New York records a
Ixisties are reported at serenteea
cities, the must important decline being at Des Moines, 15'7
European Hubsorlptlon Six Mouths (InoludlnK postage)
Annual Subscription In London (including postage)
£2 8s.
per cent. Most prominent in p<>rcentagf! of increase this
8ix Mos.
do.
do.
do.
£108.
week are Buffalo, I93'6 per cent; Galveston, 103; Milwaukee,
66-1;
Chattanooga, 424; Topeka, 366; Sioux City, 88; Los
These prices Inohido tho Isvestohs" Supplement, of 150 pages.
Issued once iu two luouths, and furnished without extra charge to Angeles, 31'9, and Lexingtou, 30-7 per cent.
Bobsorlbcrs of tlie Chkomci.k.
A Ule cover is furnished at 50 cents; postage on the s&mo is 18
Vuk SiwHMf Dcumbtr IS. llTMk Mnd't Ok. S.
cents. Volumes bound for sut-scrlbers at »1 00.
For One Year (IncliidluK postage)
do.
For Six Months
liiiroiu'iui
whole country of
$10 20
6 10
HulisiTiptlou (lucUuUiit; postage)
.
.
1-5
falling off of 4'4 per cent.
11 ,"50
B 75
I
Terms of
18M.
Adrcrtlsinsr.
Adrertisemcnts ordered for leas than one month, in the CosiMERriAi.
A Financial Chkoniclf, arc published at 25 cents per line each insertion. When orders aio detlultely given for one month or longer, a liberal discount is allowed, and tho uel prietx may be olitniacU on application at the otflce. Tho lowest rates on permanent cards dedulti'ly ordered for one year are 8 cents per lino each insertion, making ^r->S for
one inch space one year, Space is meitsured in agate typo— 11 lines to
the inch.
liOudon Axemta:
Messrs. Bdwabds & Smith, 1 Drapers' Gardens, E. C, will take sub
oriptions and adTortisomeuts and supply single copies of the paper at
la. each.
WILLIAM Bi DANA.
JOHN 0. FLOYD.
,
WILLIAM
B.
DANA
dc
Co.jPnblUbers,
102 Vrilllain Street, NEW YOBK.
Post Ofpice box 958
'
New York
SiUetof—
ISUckt
ihart$.)
(Cotton
bala.)
Inuhil:)
(Snltn
Ml*.)
IPttnUxim
761,460,640
(1.78S.B07)
(432.700!
(18.498.130:
(i,(nu,vooi
(1,888.888)
(888.000)
M.4ea.8ie
5.7M.0O0
1890.
Percent.
1888.
--7-5
Seven clUes, 6 days
Other clUes, 5 days
$774,982,687
142,094,611
$825,061,241
123,684,263
-t-150
«((17,077,298
188,608,906
$918,646,509
197,243,100
-3-3
—4.4
»1, 105,386,204
$1,145,888,609
Total
all cities,
5 days
AU cities, Iday
Total
all olttea for
week...
55
-lO-l
-3-7
-Hl-8
-(-80
-B-5
-6-1
,78;<,4«4
H-1
New
New
England.
.
445,n«
471.241
-6-lj
I01,88(<,»4«
116,178,848
-10-ti
118.6ea,l«6
eH.se6.3e'
18,078.688
14.0S8.(RI5
8,!I9>.»80
1.718,880
68, '.61,810
-8-8
-H-O
8.l!58.416
l.618.r:<l
+183-81
776.886
803,844
1,479,480
788.807
818.865
-H>-0'
103,461,843
100,371,784
81,838,888
13,010.880
8,818,388
78,881.063
Del..
Syracuse
aoohester*
ToUl Middle..
Chicago
Cincinnati
Milwaukee
Detroit
e.l80.U7
Cleveland
8,388.746
S.8S7.500
Total Middle Western
Lake
The
with the comparative totals in 1889.
Tlie aggregate for all the clearing houses records a decline
from the previous week of nearly eighty-two millions of dolpart
lars, which is shared in quite generally, but the greater
York, Boston, Philadelphia and Chicago.
preSpeculation in stocks has been more active than in the
of the loss
is
at
New
eji84.iir7
+80-7
6.68K.<«7
S.780;iOO
8.48U.B48
1.888.618
+18-1
+8-6
123,«S0.470
110,038,883
16.838,885
2.U74,80<
888,678
886,661
716,086
17.144.836
8.a06,0Sl
816,883
787,788
648,388
Total PaotDo...
-ri
10.8<8.l«4
+M«
i-M-*
+3-8
753.748
+80-1
-18-4
+18-4
140.813.498
+u-a
-6-8
18.863.488
+88
8.8S8AII
-(88-7'
1 .877.744
+31-81
+To«
888.508
1.838,148
21,013,607
81.840,483
-1-6,
83,»3S.a»l
+1-8
City...
8,883.586
0,500J86
-86
10471,808
+»8
Mtnneapolta...
7,t80,63!>
4.770,67(1
8,663. 161
8,0)8.706
6,8«V.»48
4.818084
+8-81
+4;0|
6,140,810
6,158,888
2,181,168
1.780.078
1,818,86;
858,817
Kansas
Paul
Omaha
Denver
Dulnth
St.
Joseph....
SloozClty
Dee Moines...
Mb/m
088.889
458/188
the Topeka.
13,
l3.eiSJ08
-l-lOTt
630,488
Total Other Wectern-
788401
-f83
68e,78<t
6116.543
6,lia8t8
8,500.000
1.717,618
1.6(a.»17
778.CU6
648.088
+84-»
+«
+1?!
-18
+88-1
878.786
438J«e
381.516
*unfiu
88,(178,080
80,907,168
14,880.634
7.188.488
+0-8
14.888.881
8;,80 1.488
«.48«k786<
1>I8,8S3
501,800
884,7811
660.!«™
8J67,888
8,088,186
1,808.413
1.838,81;
1,113,4*8
l«83,WI
1.188.166
3V4.UU0
6«7,8»7
Kl
+103 0,
+iy-i
-t-81-6
I-87-1
-f8l-0
8>l0.«0»
4.ouMiea
V.SIM.llW
1,131.878
l.M8X)ei
81,664.888
Tork..
Not Included
~4M,4S8;»73
In totala.
+»«
-flTsv
-t-14'8
^"^
1.486.88;,
-U-0,
;s8j«8
.,.10-8,
a8.7«Bjt8
48l,r56,7»»,ll«
1.17a.ia> ,806 1.181,888,66'
all
+1*0
-f4r4
8,3M,71»
Total Soathera...,
New
-Hs;
8,671,883
8.8S3,(>M
8.888.888
8,181.700
1,488.637
1.031. lOB
IXoustou"
•
811,606
+ «8'8|
.+184!
36.637,618
W«0>«l
Blrmlncham..
Total
4,684.480
1,787.805
1,530.886
8,6811,017
S8,S06,SM
14,8B«.4M
l.ezlngton....
Ontsldc
4.586.063
,
above statement will be given next Saturday. We
St. Lonis
course, furnish them today, bank clearings being made up by NawOrleani..
Umlsvllle
the various clearing houses at noon on Saturday, and hence in Memphis
be
Blohmond....
to
have
week
the
of
hours
twenty-four
the
last
above
the
Oalveeton.....
....
in all cases estimated, as we go to press Friday night. Below Naatavllle
Dallas
is
Fort Worth..
are our usual detailed figures for the previous week, that
Norfolk
covering the returns for the period ending with Saturday Chattanoosa.
noon December
86,806.481
^?
1.881,661
-35 Wlohlu
cannot, of
131,518^456
717,088
2,1 I7.14t
— ir«
10-4
1,815,7S1
City*..
-tJ-8
+87-8
-t^s-i
8,0S4.eM
Taooma
AnKeles
5.807.186
6.688.188
4.4«6.8e6
+lrt
—2-0
—18-5
Seattle
Salt
18.880.1160
-8-8
+17W
-1-131
-I-
I'l
1-7^
-t7-7
1-8
+11-8
+0-4
-18-8
-11-8
-t-8-7;
S.458JU0
8>«8.a88
San Frandsoo-..
Portland
Lofl
18,684,738
18.688.868
-7-7
-7-T
781.708
813,814
Bedford..
Total
St.
week covered by
87,a88.08O
M8UW
t,«a5v7*8
LlQooln
full details of clearings for the
(lOIO^XOO)
-10 6
-8-1
-7-8
Peoria
Hew Orleans
................••••
(-74-3)
1.883.905
1.888.780
I,8e8.e48
Grand Kaplds
$679,844,879
81,803,435
61,306,482
11,515,730
59.389,000
17,513,937
13,687,778
York
(8f.«l78.l8»l
i4,0(r(.OJ0l
1.X7.U18
Washington
WllmlnKton,
»«34,152,570
77,272,903
65,131,922
11,088,478
66,383,000
18,668,031
18,387,784
TSivw
-If
1.4I5.0W
Portland
Lowell
Omt.
-KM-4)
l.S28J)18
1.178.774
i.iav.isi
815.046
Woroemer
Buffalo
20.
(18jm,W6l (-17-S;
IP.
IMB.IOOI
SprlDgfleld....
Indlunupolls
Wtek Ending Decembrr
(+5S-4i
yo.
7i5.87J.98)
i.8ee,7&u
Columbus
Clbarikob.
JBetwnt by TtkegrapK.
-4-4^
ll^ntori
New Haven...
l*roTidence....
Baltimore
CLEARING HOUSE RETURNS.
P. OmI.
101.061.321
8.4SU.800
8.887.4 !<•
Bolton
Philadelphia
Pittsburg
The following table, made wp by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, December 20, have
been $1,105,586,304, against $1,173,189,905 last week and
$1,145,888,609 the corresponding week last year.
1H80.
718,703,932
140.888.017
-V5 1 JB6;8S8.«n
—+?!'
"iio.t*7.«
+»
THE CHRONICLE.
850
THE FINANGIA L SITUA TION.
What forecast
much value while
of the financial
bills of
can have
situation
the character of that intro-
duced by Senator Sherman on Thursday of this week
Lave a chance of being enacted ? We are very curious
for
to be made
is
justification
to know what
the
it
silver
is
provisions
stated,
Committee,
of
represent
but ought
the
the
to
bill,
views
receive
They do
of
the
the
not,
Finacce
party
sup-
measure is
a compromise between the committee's principles and
the principles of what are called the " Silver Senators.''
Perhaps that is all the justification that can be offered
for the feature referred to, but we cannot think that
port
because
in
those
particulars
the
Vox,. LI.
The general situation has not materially changed
during the week. On Monday fhe proposed meeting
of Eailroad Presidents was held at Mr. Morgan's house.
The plan for a union of the roads west of Chicago for
the purpose of improving rate matters, which has been
under discussion so long, was formulated and adopted
with entire unanimity. All the roads west of Chicago and
St. Louis were represented, except the Chicago & Alton,
and the action taken was considered by those present,
and by railroad men generally, as a great stride towards
securing conservative and effective co-operation between,
We need not give the substance of the
the companies.
arrangement here, as the plan is published in full in a
subsequent column. It is only needful to say that the
resolutions provide for the formation of a new
the
Western association under
management of
such a statement is a suSicient justification. At the
we would not belittle the force of the move- an advisory board composed of the president and
ment for free silver-coinage or under-estimate the one director of each company with very full
imminence of the danger which faces the country of powers with regard to maintaining rates, &c., the perthe adoption of a law to that effect. Nor do we claim manency of the organization being made more certain
that expediency should never govern in legislative con. by the feature that no member can withdraw without
But we are convinced that this method of the formal action of a board of directors. Wall Street
troversy.
compromising principle in matters affecting our cur- was somewhat disappointed that more was not accomrency is what has brought us to the verge of a silver plished, but what that "more" means it would be
basis, and that we shall never get out of the quagmire difficult to say.
Very likely it was expected that the
we are in, but shall be more and more embarrassed "Nobs" gathered at the meeting would subsequently
until we are enveloped by it, unless some of the leaders make stocks lively.
That was not the purpose of the
take a firm stand against compromise and give the arrangement the purpose was to make stocks valuable,
people a party about which the country can rally.
and the opinion widely entertained is that it will not be
On a subsequent page, in criticising Secretary Win- many months before net earnings will show that the
dom's currency proposal, we have spoken on this same fruits of the union are being secured.
point.
We refer to it again because the history of the
In financial matters the outlook has been growing
legislative action of the last session of Congress is such a more encouraging almost daily. Until this week there
forcible illustration of the folly of trying to avert free has been very little time money obtainable at any price;
coinage in any such way. That silver-bullion-purchase this week offerings have been made at what appear to
bill of 4-J million ounces a month, put upon our statute be reasonable figures, though lenders insist upon conbooks after a long and irritating discussion, was an tracts for longer periods than borrowers are generally
extreme measure, urged and adopted because sure to willing to make. The expected action of Congress on
pacify the sentiment which "Silver Senators" repre- measures increasing the currency in various ways, and
sent; sure to put silver to its old price; sure to bring the probable passage of the bill to extend the period
bimetallism, or something like it; sure to deliver us for the payment of duties on goods in bond from Febfrom the thraldom of this ever overhanging danger. ruary 1 to July 1, have had some effect upon the views
What has that sop given to Cerberus accomplished ? of lenders with regard to the future of money. But
It has not only failed in every purpose contem- the chief influences in restoring confidence have been
plated, but in six months' time has brought us again the outflow of currency from the Treasury and the
face to face with the old issue of free coinage, receipt of £440,000 gold by the Majestic on Thursthose who favor it being reinforced by a demand from day, together with the expected speedy arrival of
all the agricultural sections, while every conservative the Lahn and the Spree with more gold.
Just now,
Senator is apparently ready to "compromise" by yield- while Congress is so full of plans for enlarging our siling everything except the name. Indeed, is not the ver supply, a new gold dollar has a very reassuring
compromise measure worse than free coinage ? Free look. It should be added that the interior movement
coinage no doubt would be an icy cold bath, but the of money has again been free and the net outflow
reaction would be sure and quick, for its operation large.
But that is not at all surprising. The banks
would neither raise the price of silver nor flood the always expect to send out currency at this period of
country with currency, so that after a few weeks' experi- the year, and it goes not only to the South and West,
ence it would be abandoned by its best friends Whereas but even more freely to near-by cities.
the "compromise" measure does not defeat free coinage—
Money on call, as represented by bankers' balances,
at best it only defers free coinage; and in the meantime has loaned this week at 6 and at 2 per cent, averaging
it involves us in a situation which, if it does not bring not much more than 4 per cent; renewals have been
the country to a silver basis, as it is likely to do, made at 5 per cent, but banks and trust companies have
will disturb values by putting up and down the price of loaned nothing below 6 per cent, and they obtain this
silver bullion, will threaten the relations between silver rate without difficulty, for the money as a rule stands
and gold in our currency and thereby incrgase the pre- and is not disturbed from day to day, though subject
vailing distrust by keeping the country on the ragged to call.
Reports have been current that large amounts
edge of a catastrophe, will embarrass the Treasury with of money belonging to trust companies have been
an additional lot of bullion bought presumably at high placed on time at very low rates, such as 4i^ per cent
prices, and at the same time in no event defer free and 5 per cent, but we have been unable to trace these
coinage longer than another year. Such a "compro- transactions. We learn of loans made by trust compamise" seems to us to give up everything for a shadow nies at 6 per cent for six months, but the stocks had
fiame time
;
.
—
Daoonn
M,
rilR
ISUO.]
CFIHONK
in
at
16 poiiitH
b« aotire propertiM, pat
below the market, and 20 per cent margin wan rcquirod
at the reduced vuluo; furthormoro the loan was discounted, the interest being taken off in advance. Thus
a loan for $100,000 would require stocks to the value
of #140,000 and the borrower would receive only |97,000 in cash. It is reported that a good deal of this
The chief demand, however,
loaning has been done.
to
651
I.E.
Americ* quoted 4
8U
for 00-d«7 bilU
and 4 8(4 for
short.
Notwithstanding the colder weather which ht» prevailed, reporta regarding the condition of the»nthr»c1t«
coal trade are not yet altogether favorable, though tb*
account! from lome qnarlera are better than before.
As far aa itatistica are any guide, however, there ia
evidence of improvement in the trade. The Boroau of
is for short-date contracts, and these lenders are not Anthracite Coal Statisttca haa thia week furnished
the
willing to make for obvious reasons.
There has been a statement for the month of NoTembfr, and this revcala
better demand for commercial paper both by out-of- two encouraging features, first a farther alight
redac*
town and city banks, but there is very little inquiry tion in stocks at tidewater pointa, and aecondly an
from the East. The supply is good and the business increased amount of coal, as compared with November
done has been on the basis of 8 per cent for the best last year, passing out of the hands of the companiea.
names.
Rates are nominally 7^ per cent for sixty to The output for November, 1890, waa 128,073 tona ia
bills receivable; 8 per cent for four excess of that for
November, 1889, and it ia in the face
ninety day endorsed
months acceptances, and 8@9 for good single names of that fact that stocks at tidewater pointa hara
having from four to six months to run.
decreased during the month.
Last year in the same
In London the rate for money is no higher than month there was an increase. Stocks now are 608,479
week ago, and, contrary to the prevailing belief, the
of England directors on Thursday made no
change in their minimum, notwithstanding the large
withdrawals of gold for shipment to Germany. A special cable to us states that no less than £1,034,000 gold
was taken out of the Bank this week for export, all for
Germany. The weekly statement of the Bank, however, shows a loss in bullion of only £454,000, and our
a
tons,
Bank
mouth, and as against 771,334 tons on November 30,
1889.
Allowing for the changes in these stocks, the
amount of coal disposed of in November and the eleven
months makes tho following comparison.
cable explains this by saying that while £1,034,000 was
against 632,498 tons at the beginning of the
Kmtmbtr.
Jtttmam
I
!•
Nn. M.
AnthneU4 OoaL
Stock
beglDnlnc
of period
Production
18M.
isa».
Tbfu.
032,406
TYm:
7M.«W
3,501,487
IS8&
IMO.
nut.
3M483 1.0M.107
•,7i>,au SS.70B,Ba0
•U.IM
mtnjm mMvnt
taken from the Bank for export and £14,000 was sent
Total supply
TuMM tjm.Tta 1,977,:fat'»jn»jim njuUM]
iMjnxm
to the interior of Great Britain, on the other hand the St'k end of period MM7V injKt
aoMTv nuuti tmjmt
Bank received £594,000 from abroad, principally from
DUpoaed of..
3,625^04 s,ao«,38s ».Mej»iH3j»7,ax «tjM.7W K^oajif)
Brazil, thus making the net loss £454,000, as already
It thus appears that 3,525,506 tons of coal paaaed
stated.
It is said that the gold shipments to Berlin presumably out of the hacds of the companies in the
—
,
are in part the result of the liquidation in
London
of
Argentine stocks and bonds for German account,
besides which the fact that money in Berlin is higher
than in London also helps to draw gold from the latter
centre.
Tho Bank of France in its weekly statement
reports a gain in gold of £142,000 and the Bank of
Germany since the last statement has gained about
£296,000 of the metal. The cable yesterday quoted GO
to 90 day bank bills in the open market, Loudon, at
At Paris
^i®"!^! per cent, against 4| per cent last week.
tjje open market rate is 3 per cent and at Berlin and
Frankfort it is 5\®5i per cent.
Our foreign exchange market has been strong this
week, influenced by remittances to settle mercantile
credits and to pay for goods imported, and also by purchases
of
bills
against
stocks
sold
for
late
month,
as against only 3,306,389 tons in the cor-
responding month in 1889. The fact derives additional
significance from the circumstance that this is the
third successive month in which the same feature haa
been noticed. For the eleven months, though the
production has been only 118,000 tons heavier than last
year, the amount disposed of has been aboat 655,000
tons heavier.
The
which on January
1,
result
is
that tide-water
stocks,
1890, were 1,026,107 tons, are
only 608,479 tons, as already stated.
now
Total dispogala
stand at 33,207,594 tons for 1890, against 32,552,797
tons for 1889 and 35,003,539 tons for 1888.
The purchase
ville
&
of the
Nashville
is
Kentucky Central by the Louis-
in the line of the consolidationa
going on all over the country, under which the smaller
European roads are being absorbed by the larger ones, and it
buyers of should also tend to strengthen and solidify the Naah-
account. Merchants have been more liberal
exchange, apparently feeling confident that the period
for the payment of duties on goods in bond will be
extended until July 1, and that therefore they are not
likely to be embarrassed for funds during January.
On Monday Brown Bros, posted 4 80 for long sterling
ville
system.
The terms of
the purchase are not stated,
and of course that is an important factor in determining whether the transaetion is to be regarded aa a
profitable one.
But from a geographical standpoint
the acquisition should be of very decided valne.
The
and 4 84 for short, while the Canadian banks and Kentucky Central connects with the Nashville at a
Kidder, Peabody & Co. maintained the rates ruling number of points in Kentucky, notably at Lexington,
Tuesday the Livingston and Rowland, whence the Central run*
week. On
last
on
Friday
of
The Nashrilk
for north to Cincinnati and Maysville.
to
4 80
advanced
Bank
Montreal
of
this is by waj
bat
Cincinnati,
into
line
60 days and 4 84^ for sight, and on the following day already has one
for businaae
only
available
hence
is
Louisville,
and
for
to
of
4 80^
there was a further advancs by this drawer
Central
Kentucky
The
Louisville.
west
of
up
pointa
moved
from
Bros,
Brown
long and 4 85 for short, while
from
LivCity
Queen
the
direct
linea
to
afford
remaining
will
drawers
other
tho
to 4
latter,
for the
84J
unchanged.
On Thursday Brown Bros, and Kidder,
Peabody & Co. advanced to 4 80 J for long &nd 4 85 for
short, and the Bank of Montreal to 4 81 for the former
and 4 85^ for the latter. Yesterday Kidder, Peabody &
Co. and Brown Bros, also advanced to tho last-raentioaed figures, while the Back of British North
ingston and points' south. It should prove e8i)ecially
serviceable after the connection between the Nashville
and the Norfolk & Western has boon eaUblialied at
Norton, for it yill provide for the coal and mineral
traffic expected from said connection a good outlet to
Cincinnati, in addition to tho outlet to Loniarillf
"
.
11EE CHRONICLE.
852
.which the Nashville's own lines afford.
For some
years it has been a matter of common knowledge that
Mr. Huntington was anxious to dispose of the Ken-
tucky Central, and rumor had it once or twice that the
road was to pass into the hands of the East Tennessee.
But the East Tennessee having acquired instead the
Cincinnati New Orleans & Texas Pacific, it was natural
that the Louisville & Nashville should desire to gain
I
MR. WINDOM'8
A
conspicuous place
Vol. LI.
CURRENCY SCHEME.
among
the currency suggestions
week must be given
of the
to Mr. Windom's plan.
His position as Secretary of the Treasury and his past
utterances in behalf of a sound currency would entitle
it
to that position even had the plan not been
brought before Congress in a semi-official way and
some been supported by an elaborate statement of the favor-
of
the Central.
Perhaps, also,
advantages are expected as a result of the able features which the Secretary claims it possesses.
step, in the competition for business from Chattanooga The proposal, briefly stated, is that Congress authorize
the issue of "a suitable amount, say 300 million
and the section to the southeast of that point.
The tone of our stock market has been rather vari- " dollars " of 3 per cent 30-year bonds (in exchange,
able this week, but on the whole there has been a fair "so far as practicable, for outstanding bonds of the
amount of strength on a small volume of business. The " United States "), convertible on demand into a special
meeting of the Eailway Presidents on Monday was fol- issue of notes also to be provided by Congress, the
lowed on Tuesday by a decided slump in prices, but the notes being described by the Secretary as "a new series
depression was not continued on the succeeding days. " of Treasury notes similar in all respects to those now
possession
strategic
On
the contrary there has been some recovery since
Lackawanna has been one of the strong features,
then.
on rumors of an attempt to squeeze those short of the
stock, and Northern Pacific and Missouri Pacific have
also shown strength
but Atchison and Union Pacific
have
been rather weak.
Several
of
the
boards of directors of
Western roads have- had
meetings the last few days and declared their adhesion to the agreement entered into on Monday, and
this has tended to induce some buying of stocks, both
for investment and speculative account.
Silver certificates, after having had a smart rise early in the week,
yesterday reacted sharply.
The trunk lines have
^oted to advance the east-bound rate on corn from
Chicago to New York to 25 cents, the same as the tariff
on wheat, the previous advance having been to only
22i
"provided for the purchase of silver bullion." It
added that not only are these bonds " to be
.should be
" at
all
times convertible at the will of the holder
into this currency, but the currency
"to be convertible
is
also at all times
into bonds
on demand."
We can scarcely think that this scheme represents
Mr. Windom's ideal of a good currency system, since
its provisions are so clearly at variance with his published views.
It seems more charitable to assume that
he is urging the proposal as an expedient for defeating
a worse measure. That has unfortunately for many years
been a popular method of meeting currency errors in
Congress, but it has proved very unwise in practice,
especially of late.
Indeed, the past six months covers
an experience which ought to afford a sufficiently forcible teaching.
Within that brief period is included
cents.
The yearly statements of the Lake Shore, the the brilliant start and utter collapse of the project which
Michigan Central and the Canada Southern, which is now in operation for the purchase of silver bullion
some had looked for yesterday, will be submitted next and the issue of silver certificates thereon. We all
;
know
this plan
was accepted by a great many who voted
and that it was a
lected by us, shows the week's receipts and shipments mere subterfuge for delaying free coinage, though the
complete failure of the plan came more quickly than anof currency and gold by the New York banks.
ticipated. Instead of putting the price of silver higher
We4k Bndint December 19, 1890. Received by Shipped by
Xet Intsrior
or
making it more stable, or advancing bi-metallism, or
N.T. Banks. N. r. Banks.
Movement.
Cuirenor.,
$1,91S,000 $4,300,000 Loss. $2,475,000 giving us a dependable currency, the law has had just the
eoia
400,000
2,300,000 1.089. 1,900,000 contrary
influence ; while as a measure for heading^off
Total goM ana legal tenaera
$2,.?16,000 $6,090,000 Loss. $4,376,000
free coinage it has simply confused the more ignorant
With the Sub-Treasury operations the result is as classes
with regard to silver currency, made the whole
below.
farming population believe in free coinage, and the
silver party in Congress far more eager and earnest in
Into
Outo/
Week Endint December 19, 1U90.
N'et Chinoe in
Bankt.
Banks.
Bank Holdings.
their determination to open the mints wide for the
Banks' interior niovement,a« above $2,315,000 $6.890,000jLo68. $4,375,000
white metal.
Sub-Treasary operations
17,300,000
Tuesday.
The following
statement,
made up from
returns col-
11,000,000 Gain.
Total gold ana legal tenders
The
.
European banks
amount
this week,
of
and
bullion
at the
December
December
18, 1890.
19, 1889.
of
Bold.
SCtXT.
£
Bngland
France
Germany*
Anst.-HunK'r.
24,374,849
44,983,000 49.888.000
28,762,000 12,881,000
4,917,000 18,666,000
Kettaerlands...
."i,8S7,000
5,381,000
Nat. Belgium*
2,773,000
1,386,000
TotaL
OiM.
£
£
24.374,849
04,826,000
88,643.000
21,483.000
8,628.000
4,159.000
Silver.
£
fully conscious of its faults
At the present moment, then, and in the present
condition of our currency, there is certainly no place
for an
emergency expedient, or for any new creation
not a manifest improvement on the kinds
of currency now in u.se.
With gold and silver coin,
with gold and rilver coin certificates, with silver bullion certificates, and with national bank notes and legal
tenders already occupying the field, another Government device to be engineered by the Treasury Department is beyond doubt barred out. Mr. Windom has
which
corresponding date last year.
Banks
it,
0,300,000
$19,015,000 $17,680,000! Gain. $1 .925.000
following table indicates the
in the principal
for
Totat.
£
18,073,611
18,073,611
50,931,000'49.932,000 100,883.000
25.869,333 12,934.067 38,804.0011
6.450.000 16,402,000 21,852,000
5,176.000
8,010,000
11.188.000
2,736,000
1,388,000
4,103,000
Tot. tbis veek 106.026,849 86,087,000 102,113,819 109,134,944 86.646,667
195,781,811
Tot, prey. Wk. 106,158.076'95.827,000 191,985,076 109,752,420 86,220,667
195,973.087
C'et'jee'J «ol1 and silver) given In our table
kJ^i^®.^ the
K^'^D
bnUion
Bank of Germany and the Bank of Belgium is of coin and
the best estimatt! w- are able to obtain; In neither ease Is It made from
olalmed
m
to
be accurate, as thosi l).anks make no diatlnotioa In their weekly
returns
merely reporting the total gold and silver, bat we beUeve
the
division
uiyioion
we make is a close approximation.
,''e re';<'lve the foregoing results weekly by cable,
and while not
Hi w?7fi;„
aU
of the date given at the head of the column, they
are the returns
™*"'^"*
Issued nearest to that date-that Is, the latest reported
figures
is
evidently attempted to avoid the
criticism here sughas sought to break its force, by
endeavoring to give his plan the appearance of an
automatic monetary machine.
Described in those
gested, or at least
words the expression used will most likely remind the
reader of the processes of mediaeval chemists.
We do
not thereby mean in any measure to ridicule the Secre
ta: y's device ; but simply to express the impossibility
Dhcudkr
THE GHBONIOLK
20, IfMO.]
A modiutn of oxchango
of the attempt ho hw mado.
which will prove responsive to comineroe must bo tlio
time,
creature of commerce; and the alchemiflt's olTortwaanot
more uniittaiuablo tliau is the currency maker's who
deposits oven
seeks to preserve tlie responsive feature of a comraorcial instrument of oxchango while using an artificial
This truth as applied to Mr. Windom's
substitute.
plan will become the more evident the more the scheme
is
examined.
The summary
of the Secretary's proposal which we
have already given, contemplates, as will bo seen, two
paper instruments: (1) a block of 2 per cent bonds and
It will be observed
(2) a quantity of what he calls cash.
that both of these instruments are mere promises of the
Goverumout to pay and that this " cash " is a Treasury
note which has no intrinsic value whatever.
It has
become "cash" because tho Government has called it
so, and the same power that calls it " cash " could
make
every bit of paper in the country
" cash " with
These two credit instruments then
facility.
(mere creatures of a statute), are, according to the pro-
equal
posal, to be
made
so sensitive to the subtle influences
commerce by the 2 per cent interest the bond carries
as to work in and out of the Treasury as promptly and
as unerringly, if we may use the illustration, as the
little man and woman barometer exhibits the man or the
of
and
found
for
it it
868
to b«
tho
if
proanmed that
money they would
thny
Wl to
if
any
qm
ooald b«
Hlrive to retain th«
bid higher.
A
year of
n-
treme depression and general liquidation would no doabt
find oven thei« institutions as well as private doiKMriton
ready to use tho Government.
Hut through any cycle
of prosperity it would be only the pumping-ont procaw
which would bo operative.
There is still another condition which would work
against the return flow.
Bear in mind that the
"cash" which is thus put afloat is not monoy in any
and yet the credit of the Government is so high
that the notes would bo taken by tho people eagerly oa
loug as there continued to bo no doubt of their con-
sense,
vortibility into gold when desired. More of such a cvxrency could be got into circulation and would lie held
in circulation than of any other description. Its nature
that
more and more
always needed, for it is an
Speculation would be
fostered, values would rise, and money would be active
through the whole twelve months. Under such con-
is
inflating agent of
is
great power.
ditions there could, of course, be no re-oonversion of
the notes into bonds; on the contrary a loud call wonld
come up from
all parts of the country for new issues.
In Congress would rest the power to increase the supply;
and when from every quarter and from all classes this
woman according as the weather is fair or foul.
common
The Secretary describes this action or movement by one who
calling the two instruments
"
interconvertible "
;
they
would be interconvertible if the scheme operated as
planned. In one direction there need be no disappointment as to the movement, we think that is to say, we
see little cause for believing that the machine would fail
If, for illustration, Chicago
to let the "cash" out.
needed currency to move the wheat crop, these bonds,
which are supposed to be held for temporary investment,
would go into the Treasury and this " cash " come
out as soon as that need became so urgent as to make
the currency more profitable to the holder of the bond
than the 2 per cent interest. No doubt even this
movement would be a little sluggish. "Cash" would
The
lack the spouaneity of commercial currency.
bonds, say like the 4J per cents now, might be in the
hands of unconcerned holders men who sometimes
;
—
neglect to take principal, even with interest added, in
advance. Still we may assume, if there were 300 million
cry was heard clamoring for another issue, any
thinks that Congress, having tho power, wonld
not satisfy the demand had better study the Washington
and his schemes as they are developing to-day.
do not need to describe the catastrophe which
such a condition of affairs would end in. That belongs
to a class of events familiar to all our readers.
There
is, however, one further claim Mr. Windom makes for
his plan, which we must mention because it is so characteristic of the whole arrangement.
He says that his
legislator
We
" a reserve of gold
" for the redemption of such notes when demanded,
" because every one hundred dollars of notes so issued
" will have behind them in the Treasury a United
" States bond for the same amount, and should pay" ment of the notes be demanded in gold the bond may
" be sold to meet it." A most economical invention
this system certainly is.
The currency it provides
proposed currency does not require
requires nothing but a promise to start
a promise to support
it,
it,
nothing bat
and nothing but a promise to
bonds outstanding, enough would be presented redeem it.
under the conditions named, to meet the demand.
RICffMO.YD i& WEST POINT TERMINAL.
We thus hare a machine proposed which would
far
at
Public interest is so strongly centred on railroad
sluggishly, though in the end effectually, act so
"
doubt
would
no
That
affairs
in the West that very little attention is directed
cash."
least as to pump out the
device
dimensions and great magnitude of the
currency
growing
in
a
the
called
for
to
requirement
meet every
be
confederation of roads in the
not
Terminal
it
would
But
Richmond
many.
of
views
to
the
according
coming up to Mr. Windom's standard at all. His South. Indeed, an impression seems to prevail that
promise is that there shall be a return action always in the Terminal is a weak and inferior system, with a
That impression
the dull seasons and in the summer months an ebb as very limited earning capacity.
of
the company's
and
study
erroneous,
well as a flood every year, the two per cent interest the is quite
of these
—
bond bears being inducement enough for investors who
have a balance on hand to place it temporarily in the
Treasury. All we can say in reply to this suggestion
expectation shows that the Governis, that such an
ment is going into banking business in a very sanguine
mood, for Mr. Windom's system proposes to compete
with the banks for their deposits. Deposits are a kind
one leaves money in a bank that
of reciprocal affair
one may get free discounts when needed. Besidesagood
—
annual report will serve to dispel the notion. To be
Terminal is in some respects
different from that of other large railroad companies,
since it does not directly own the mileage operated,
sure, the position of the
being in fact merely a proprietary company and exercising control through stock ownership of the properBut that does not in any way affect the
ties covered.
value or character of the road controlled, or impair its
earning capacity.
In point of mileage the Terminal occupies a leading
many of these institutions have always practiced payamong the great systems of the day. It ouy
position
larger
or
ing interest as large as these bonds bear
rank second only to the Atchison in that
said
to
the
be
at
market
according to the condition of the money
THE CHRONICLF.
864
[Vol.
U.
The latter makes weekly returns of earnings periencing great prosperity at a time when some other
on 8,964 miles of road, this including the St. Louis & sections are not being favored in a like manner. Net
San Francisco and one half of the lines jointly owned earnings have not risen in the same striking way as the
with other companies, but not the recently-acquired gross, and yet the total is nearly 1^ million dollars betThe Union Pacific statements ter than in the year preceding, being $13,158,683 for
Colorado Midland.
But
the Terminal reports an 1889-90, against $11,699,512 for 1888-9.
Transmiles.
8,028
cover
average mileage for the twelve months ending June portation rates in the South have not been bo
30, 1890, of 8,312 miles, and a total mileage at the end badly demoralized as in the West, but business there,
and
of the period of 8,553 miles, so that while the system is too, has to be done at low average rates,
not as large as the Atchison and San Francisco com- moreover this average is steadily declining, the
It should
same as in other sections.
This is one reason for
bined, it is larger than the Union Pacific.
be pointed out, however, that the total of 8,553 miles the relatively smaller additions to net earnings than
embraces 500 miles of water line, or rather water line to gross. Another reason is referred to in the report,
reckoned at 500 miles equivalent rail distance. But namely that expenditures include large outlays for im-
respect.
even with this deducted, the actual extent of road at
8,053 miles would be slightly greater than the 8,028
The
miles on which the Union Pacific reports.
Terminal had a large aggregate of mileage even
in the years preceding, but in the late year the
total was further added to through the acquisition by the
East Tennessee of the Cincinnati New Orleans
& Texas Pacific, the Alabama Great Southern, and the
Louisville Southern, and also by some new mileage
built by the East Tennessee, the Richmond & Danville
and the Central of Georgia the three great systems
which make up the Terminal combination. The confines of this combination are well described in the
report, where it is stated that the system now reaches
Mobile on the Gulf of Mexico, Meridian in Central
Mississippi, Greenville and Memphis on the Mississippi
River, Louisville and Cincinnati on the Ohio, Washing
ington on the Potomac, "West Point on Chesapeake
Bay, and Port Royal, Brunswick and Savannah on the
Atlantic, with steamer lines to Baltimore, Philadelphia,
—
New York
But
it is
and Boston.
not alone in extent of mileage and of ter-
proving the physical condition of the various properPresident Inman states that these imties controlled.
provements, together with the additions to rolling
stock and the extension of facilities for handling
are tending to the steady development of the
traflBc,
commerce
tributary to the company's lines, and furthermore that
the outlook for the important Southern roads has never
been better than at the present time.
Of course while gross and net earnings have
increased, fixed charges have also increased.
Still,
after allowing for these charges in full there was a
surplus of $2,521,497 for 1890, which compares with
$2,265,067 for 1889.
results
on
all
This represents the combined
the lines controlled, and reflects a pretty
satisfactory state of affairs.
as
is
Only such of
this surplus
distributed in the shape of dividends on the stocks
held by the Terminal passes into the Terminal treasury,
the company's income being entirely made up of divi-
dends and interest received on securities held. The
income for the twelve months ending November 30,
1890, is stated at $1,423,430, out of which the company
was able to pay interest on its outstanding five and six
Terminal occupies a prominent per cent bonds, all current expenses, and also 5 per cent
and net, are also of very on its preferred stock, and yet carry forward a surplus
For the current fiscal year the income is
large proportions, and this is a feature which merits of $210,330.
especial notice, since it is a feature not generally known. estimated at $1,469,053, and the requirements for
From a table in the report we see that in the twelve interest and the dividend on the preferred shares at
^months ending June 30, 1890, the combined gross $1,160,900, leaving a balance of $308,153, out of
earnings of the lines controlled by the company reached which, however, the administration expenses will hav«
over 41^ million dollars in exact figures $41,301,095. to be met.
A year ago the Terminal reported quite a large floatThe gross earnings of the Union Pacific lines for the current calendar year will probably amount to 45 million ing debt. Now there is no floating debt whatever.
On
dollars or more, but the income of the Atchison and San the contrary, according to the balance sheet, the comFrancisco does not quite come up to that of the Ter- pany had on November 30, 1890, $526,762 of cash in
minal combination. Taking the figures in the Atchi- bank, besides $387,323 of bills receivable and
son report, published last week, that system earned in $1,077,817 due from roads controlled by it. The comthe twelve months ending June 30 last about 39 million pany also had $14,075,829 of stocks and bonds not
dollars, while the Terminal in the same time earned, as pledged under any of its trust agreements.
Thes*
securities. President Inman states, have a present
we have seen, 41J millions.
Another fact worth pointing out is the remarkable market value of $3,050,000. The grand total of seway in which the earnings of the Terminal system are curities held, both pledged and unpledged, is $77,653,growing. While the total gross receipts for the fiscal 879. Among the additional amounts acquired during
year ending June 30, 1890, were 141,361,095, in the the year those of the East Tennessee are of most imtwelve months preceding the total (including the Cin- portance. The company now has altogether $8,783,200
cinnati Southern, etc., for purposes of comparison) had of East Tennessee first preferred stock, $6,536,000 of
been only 135,596,983, so that in one year there has been second preferred stock and $5,880,000 of common
an addition of over 5f giillions. And this reflapts not stock, or an aggregate of $21,199,200. The total stock
merely the growth of the business on the roads in the of the East Tennessee is $57,000,000, so the Terminal
Terminal system^ but also the marvelous industrial does not possess an absolute majority, but •» amount
expansion and development going on in the section of held is probably sufiicient to give permaneiJpiUjfpl,
country traversed by the Terminal lines, and which has and, besides, those interested as owners or diMJIItors in
been such a striking feature in the general industrial the Terminal presumably have considerable IMI Ten•ituation of the United States for a long time past. In nessee stock in their own names in addition to^j^pi^ tho
a word, business activity has made wonderful progress Terminal itself owns.
The Terminal also wquired
in the South, and that part of the country is ex- #400,000 of Baltimore & Ohio stock during the year.
ritory covered that the
position.
Its earnings, gross
—
Dkokmbkb
THE CHRONICLP.
ZO, ISfiO.
856
Um mn» bnwd and (•Mnl vsy
would not apply to all other companlcR, and yet th«
Eventfl nro again bringing to public notice the quos- tendency throughout nearly every department of tht
tion of the treatment and compensation of railvray railroad aerrice haa been in the direction of innroMod
employes. Just at present there are only minor contoHts compensation. In some instance* the public hai heard
botwcon the rouds and their men, but during the lust of the increase through the medium of the Press, but
few months there have been, as will be remem- not infrequently the advance has been rerj qnietlj
difficulties
difiForat
bered, some rather serious
made and has attracted very little attention. It is
Tlli:
WAGES OF RAILWAY EMPLOYEES.
Where
Such Aatotoment in
simply not alone, however, that many classes of wages hare
already been raised, but that where they have not been
the prob- raised the employees seem to think that they ought to
or the men shall bo allowed to ran the road
lem is comparatively easy, for there can be but one be, and that the companies could easily afford to stand
answer and but one outcome to a request and contest the additional expense.
ent
and
times.
the
point
one of discipline
solely
at
issoo
is
—whether the management
—
demanding
of a
management
the practical abdication
of the corporate functions of the
company and
the
delegation of the same to an irresponsible body of out-
many
Until recently, as already said, the disposition among
railway managers on the whole was to grant reqnests
for better pay, and a continuance of this feeling and
however, the
matter tendency might confidently be counted on, were it not
that with the expense accounts already so largely added
for higher wages, or, what is equivalent to the same to, as the result of that and other factors, the rates
thing, shorter hours, and in those cases the position of realized by the carriers for the transportation service
managers is very embarrassing. If, on the one hand, rendered have been steadily and largely declining. Oon«
the demand for higher wages is granted, expenses are sequently, things have now reached a pass where railheavily increased, and dividends and possibly interest way managers can no longer encourage expectations of
In
siders.
is
very
not so simple as
endangered.
charges
coses,
this, consisting
usually of requests
on the other
hand,
the that kind on the part of their employees unless they
are to be allowed to obtain better transportation rates.
and a loss in that way, added to a general disturbance General recognition has not yet been gained for the
demand
of
is
If,
denied, the managers run the risk of a strike
the road's business.
In a
word, either course fact that the
involves the possibility of serious consequences.
and the
effort of the public to
obtain lower rates
more pay are
on the whole has been to antagonistic, that in the nature of things the two
grant the requests for increased compensation, though in movements cannot both be continued and prolonged
the Erie case two months ago the management took a firm indefinitely, that the result of increasing expenses and
stand against an increase and presented a clear and con- lower rates can only be ultimate bankruptcy. Yet it
vincing statement giving the reasons for their action is with these two opposing forces that railway managers
and showing that any other course was impossible. The find themselves obliged to contend, and the situation
Erie case, however, was exceptional, not only in the has consequently become very difficult. As one railaction taken, but also by reason of the nature of the de- road manager puts it in a communication to as, the
mands. It was not a request for an increase in a special roads are between the upper and the nether n^illstone,
branch of the service by a small body of men, but a re- and it is a question which will yield. Will the public
quest for a general increase by a federated body of em- allow the carriers better pay for the service rendered,
ployees embracing engineers, conductors, firemen and or will labor be forced to accept reduced compensation?
It is not generally understood that even a slight intrainmen. Virtually, it was equivalent to a wholesale
demand for higher compensation, and, coming in that crease in the cost of labor makes a very important differway, the arguments against it became so strong that it ence in the profits of a road, since the force of employees
was only necessary to state them to find acceptance of is so large. We have all of ns learned the truth of this
the same by the public. But generally appeals do not argument in its application to the question of average
come in that form. As a rule different branches of the rates received that a very trifling increase in the averservice present their appeals separately and singly, and age will add greatly to revenues but the fact that the
then it is not so easy to show that the company cannot argument applies with just as great force to the exin justice to its creditors and owners grant the request pense accounts of the road is usually overlooked. It is
made. The amount involved in any one petition thus frequently urged that it would be good policy for railpresented may be very small and a manager may there- roads to hire higher grades of labor and pay more for it
Thus
effort
of employees to get
far the disposition
—
—
he through all departments ; that they would as a consequence get better and more intelligent service ; that
Obviously, however, if this there would be fewer strikes (the better paid and more
rate of compensation.
being less apt to strike than
process is repeated in one department of the service intelligent men as a rule
always the case), and that as
not
this
is
though
proothers,
large
reaches
after another, the aggregate quickly
railroad operations would be
of
course
whole
the
result
the
consider
a
forced
to
are
and then managers
fore hesitate to incur the risk of trouble, even
knows that conditions do not warrant an advance
if
in the
portions,
question
how long
this process can continue.
greatly improved.
But under existing conditions and
the question.
That is about the point the railroads have now come tendencies such a policy is obviously ont of
railroad companies calls
by
required
labor
the
of
Much
in
exincrease
appreciable
quite
an
been
to. There has
skill, and the compensation is graded on
penses as the result of better pay accorded railway em- for little or no
If the roads increased the price
scale.
ployees of one class or another, this being one reason a corresponding
only be with the idea of
could
labor
it
this
for
paid
why net results in recent periods have been growing less
and of seeking immnnity
loyal
more
men
the
making
to
President King, of the Erie, referred
satisfactory.
say how much additional
to
easy
not
is
It
strikes.
from
on
a
mentioned
that feature in his late report, and, as
previous occasion, a President of a prominent Southern
road recently stated to our representative that there
was hardly a man in the employ of his company who
was not getting better pay than a year or two ago.
compensation would be needed to effect this object,
indeed it could be.attained at all, but the fact that
even a trifling advance extending over such a larga
body of employees would bo rofficient to wipe ont the
if
.
.
866
ITIE
CHRONICLE
rvoL. LI.
preeent narrow margin of profit shows the practical dif- insufficient to meet the ordinary charges for interest,
the way of carrying out the course rentals and taxes, making default inevitable on some
ficulties that lie in
part of these charges.
suggested.
Such an analysis serves to show the ,un fortunate
same factor that de- dilemma in which railroad managers find themselves
In placed. The margin of profit is so small that only a
serves to be emphasized at the present moment.
the Erie case, already mentioned, the demands were no slight further reduction in rates or a slight increase in
more extraordinary than many others with which rail- wages must wipe it out. But employees and the pubway oflBcials are familiar, and yet if granted, the efEect lic have not yet awakened to a full appreciation of that
would have been to swell the expense account of the fact. Under the circumstances the efforts making on
road over a million dollars a year, while the report of the part of railroad managers to check the downward
the road lately submitted shows that the surplus abave movement in rates is to be heartily commended.
As
charges for interest and rentals in the twelve months self-preservation is the first law of nature, unless the
ending September 30, 1890, was only $860,354. Practi- downward tendency can be arrested the effect must be
cally every railroad corporation in the country is in the to lead to reductions in wages rather than to an
same position as the Erie. The New York Central is a increase, as so many employees are counting on.
stronger and more prosperous company than the Erie.
OCTOBER NET EARNINGS.
Yet even the Central would experience serious adverse
The October statement of railroad net earnings,
effects from only a comparatively small increase in the
prepared by us this week, furnishes a timely illustrageneral average of wages paid.
There are some statistics as regards employees in the tion of the need for some such action as was taken at
last report of the New York Central which serve to the Presidents' meeting this week for securing improved
throw considerable light on the point in questibn, since results from railroad operations. In view of all the
they permit of calculations which for lack of the neces- conditions which have prevailed, the exhibit can hardly
sary data cannot be made for most other companies. IJ; be regarded as a very bad one at least as far as the
appears that the total number of employees on the Cen- roads as a whole are concerned. But neither can it be
It
is
this latter factor
generally ignored,
is
and
which
it
in ordinary discussions
this
is
—
—a veritable army—and
regarded as satisfactory, for while gross earnings continue to show improvement on the heavy totals of last
year indicating very plainly that there is no lack of
an advance of only 150 a year less than a dollar a business, but rather a steady expansion net earnings
week the addition to expenses would be over a million do not equal those of a year ago, while in the case of
tral in the late year
was 31,490
the aggregate compensation which they received was
$13,331,863. Suppose this force of employes were given
—
What would
dollars, 11,074,500.
New York
Central
not giving
is
large dividends, having paid
in
be the result?
its
The some
stockholders very
the year in question
only 4^ per cent on its capital.
But as the surplus
above the amoiint required for those dividends was only
$638,188, and as the small increise in wages referred to
would call for $1,074,500, evidently dividends would
hare to be reduced
—even
per cent could not be maintained.
The average of wages paid to the 31,490 employes was $630 per year, or say about §13 per week.
—
we
special systems, as
shall point out below, there
are notably heavy losses, the
Union
Pacific in particu-
The following
lar being distinguished in that way.
a
summary giving both
those for the ten
the
months
to the
end
1889.
of October.
January X
Ottober.
(117 rnodj.)
1890.
is
October aggregates and
to October 31,
(110 madl.)
Increase.
1890.
1889.
Iricreate-
t
s
t
4:^
were raised to $16 a week, expenses
would be increased about 4^ million dollars, which is
more than the amount paid out in dividends. In other
words, under such an increase dividends would have to
be suspended altogether. It would take an advance to
only $34 per week (and this being simply an average,
many employees would necessarily get less than that
amount) to wipe out the entire net earnings above expenses, so that then not only would there be nothing
for dividends, but there would be nothing for interest
this average
If
—
—
Gross eam'B
Open
exp.
.
Net eam's
»
%
60,108,980
37,179,770
58,271.817
35,028338
2.150,053 323,733,138 293.855,136 29,877,997
22.927,181
23,242.001
-316,810 160,302,826 161,133,813
Thus with gross
1,835,148 484,035,958 417.988,718 36,047,210
6,169,213
receipts for October, 1890, $1,835,143
larger than for October, 1889, net earnings are $315,810
That the returns in the earlier part of the year
were much better is evident from the fact that for the
ten months ending October 31 net earnings show an
improvement of $6,169,313 on the aggregate for the
corresponding period last year. But even this latter result
is not altogether satisfactory, for it has been made on
a gain of no less than $36,047,310 in gross earnings in
charges and rentals, and the company would be posi- the same period. That is to say, out of an addition of
tively bankrupt.
over thirty-six million dollars to gross receipts, thirty-
And
the argument
railroad system of the
is
just as strong
United States
report of the Inter-State
if
we take the millions went
as a whole.
Commerce Commission,
issued for the fiscal year ending
June
less.
In the
lately
30, 1889, the
number
of railway employees is figured at 704,743.
To
give these employees an average addition of four dollars a week, or say $300 a year, would enlarge the
expense account over 140 million dollars. According
to the figures of the Inter-State Commission, the
to meet an augmentation in expenses.
This augmentation in expenses has been a feature
that circumall through the year, and because of
stance net results have hardly come up to expectations
not even in the months of exceptionally
at any time
heavy gains in receipts. Still, the most important fact
is the gradual change for the worse which has occurred
—
as the year progressed.
monthly
results
amount paid out
in dividends during the year covered
was only $83,110,198, and the surplus
above the amount iieeded for that purpose was but
$19,378,538;
These iatter two amounts together
would fall 39 million dollars short of meeting the 140
million dollars increase in expenses, and hence under
such an increase the net income of the roads would be
by
back to
,
their report
Here
Pebrttary
March
AprU
May
:...
July..
4,92i,507
2,800,282
August
1,26.5,376
SeijtemUer
October
4,626,198
1,835,143
June
a recapitulation of the
-Gain in-
Net Earnings.
P.C.
14-30
$1,554,376
7-35
803,598
8-93
1,271,818
14-81
1,948,884
15-81
2,355,239
11-71
1,496,824
1113
1-32
5-33
"Loaa.238,349
5-47
2-20 L08S.1, 206,256
4-50
8-40
933,766
1-36
3-15
L0S8.315,810
Gross Earnings.
F.C.
8-14
$3,500,450
9-70
3,808,110
11-20
5,037,037
14-43
6,516,418
1403
6,660,8-26
Amount.
January
is
January.
—
Gam In
last
Amount.
.
Dkckmbkr
ao,
18W.
ilQl .OHEONICLB.
I
Thit shows that both gross earnings and net earnings
have been growing less favorable in recent months. In
accounting or seeking to account for the olmnge we must
not overlook
columns
the fact so frequently alluded to in these
namely that we have reached tiie period
To sum
867
what with deoUikinf
up, then,
m
increasing expenses, the roada
havo been forowl
•
matter of self-preservation to take united action to
protect their interests.
has followed from
The augmentation
a variety of oaasM.
in
expeiUM
the first
with very heavy totals last year. place, rates being so much lower than formerly, a giveo
But wliilo tliat is a very important circumstance to bear amount of gross earnings represents a larger Tolnme of
in mini], it oiTers at best only a partial explanation of traffic and of course the cost of doing said larger
For though the gains in gross earnings volume of trafHo is greater. Then the roads find it
the situation.
wh('rt>
of Into,
comparison
fn
is
amount
necessary to spend more money in repairs, ronewaU
and betterments, so as to meet the exigencies of compeMoreover, even tition and the demands of the pnblio for quicker and
are proving particularly disappointing.
knowing that compari- better service, increased accommodations, Ac. Finally,
as regards the gross earnings
son is with largo totals in 1889, and admitting also that many items of transportation cost have inoreaaed.
the short grain crops the current season may be having Labor, for one thing, is higher, nearly all railroad
some effect in diminishing railroad receipts allowing employees getting better pay, and the price of materials
in full for these circumstances, is it not clear that an is also higher in some instances.
equally important place must be assigned to the decline
In our remarks thus far we have confined oarselret
are no longer so large, citlior in
the year,
in the flrst half of
it is
or in
ratio, as
the net earnings that
—
—
In other words, were
in rates ?
it
not for the steady
reduction in the average rates realized by the railroads,
simply to the totals for the roads as a whole.
we come
to
examine the returns
When
for the separate roads
and which has finally f orced the managers to make the result is much the same. The los.? in the October
another concerted effort to put the transportation busi- net earnings the present year wo have seen is not large
ness on a more profitable basis does it seem unreason- ($315,810), but the showing is less favorable than this
able to suppose that except for that circumstance even small change would appear to indicate, for a few excepthe gross results would have been much better than tionally heavy gains on special roads or systems have
they have proved and the gains been maintained nearer served to counterbalaace the loss on the roads as a whole.
the old figures, notwithstanding the other unfavorable In point of fact there are no less than 55 roads, ont
influences mentioned?
of the 117 comprised in our statement, which have
Still, the growth in gi'oss earnings, as already said,
But on the other
suffered a decrease in their net.
has continued uninterrupted nevertheless, there having hand the Pennsylvania has an tn-crease of nearly
been not a single month the present year when our half a million dollars $497,684 while the Southern
statements showed a loss. But that makes the poor Pacific has $199,568 gain, the Philadelphia & Reading
net results in the same time all the more striking add with the Coal & Iron Company $226,.330gain, the Baltisignificant.
Taking the last four months we find a more & Potomac $42,858 gain and the Central of New
gain in gross earnings of $2,890,282 for July, of Jersey $41,964 gain, as follows:
ROADS WTTH LARGE OAm IN OCTOBER HBT ARKIIIOa.
$1,265,576 for August, of *4,626,198 for September
$497,684 Baltimore A Potomao
and of $1,835,143 for October.
Now contrast with Penniiylvanta
Southern Paclflo (Or'ds). 199,568 Central of New Jener. .. 41.M4
159,967
JcBeaA'gConlAI.
PbUa.
this the exhibit as to the net
a loss of $238,349 in
66,363
BaUroadCo
July, of $1,206,256 in August and of $315,810 in
all
the companies which have in excomprises
This
October, September alone having shown a gain.
If we
gain
in net each, but the total gain on
of
$40,000
cess
combine these four months, then we get a really start- these six companies (representing eleven roads in onr
ling result.
For with an aggregate gain in gross table) reaches over a million dollars. Hence, with
receipts for the four months of $10,617,199 the aggrethese omitted from our table the loss on the remaining
gate of the net earnings shows a falling off of $821,649.
roads would reach over IJ million dollars, instead of
In other words, expenses increased $11,438,848 in these being as now only $315,810. More than that, the loss
four months, or $821,649 more than the gross receipts
on some of the reads, as already said, is very heavy infrom which we get a forcible illustration of the need
The Union Pacific leads with $499,910 decrease,
—
—
—
—
—
which
deed.
up
led
to
the action
of
the Presidents this
then comes the Baltimore & Ohio with $165,904, the
St. Paul with $156,181, the Grand Trunk of Canada
It is also worth pointing out that while the situation
with $117,200, the Illinois Central with $109,354, the
to-day is not entirely like that of two years ago (in the Erie with $91,974, the Central of Georgia with $77,171,
period just preceding the formation of the first associathe Burlington & Quincy with $65,946, the Northern
tion of the Presidents), yet there is a close resemblance Central with $55,259, the "Soo" road with $51,331,
in the fact that then, as now, the roads were doing busivarious others for smaller amounts.
week.
and
ness at unprofitable rates, so that though gross earnings
might show
gains,
recorded declines.
earnings
net
There
is
almost
invariably
also a decided similarity
IN OCTOBKB NET EABXnfOa.
$499,910 Chicago Burl. A Qalner.. Se9,94S
a7,a51
Baltimore & Ohio system. 165,U04 Wabub
55.880
ClUcago Milw. &8t. Paul. 156,181 Northern Central
0.
51,391
8(.
P.
A
8.
Marie
Minn.
117,200
Canada.
Trunk
or
Grand
47.149
109.354 Ohio at Mlaalaatpni
IlUnols Central
* Texas. 4«.MS
91.974 LoulnrUle M.
Erie
43,733
77,1/1 LouisTlUe A NaahTlUe ...
Central of Georgia
ROADS WITH LAROE LOSSES
Union
Pnolflc (9 roads)..
between the results for October, 1888, and those for
a
October in the present year. In the former period
there was a gain of $1,713,362 in gross earnings but a
It is only proper to say that these losses in many
loss of $608,393 in net.
Now we have a gain of cases follow exceptionally heavy gains a year a|^
$1,835,143 in gross and a loss of $315,810 in net. The Thus the Baltimore & Ohio then had $251,252 incrwae;
following gives the October totals for a series of years. the Illinois Central, $240,746 increase; the Burlingtou
Tear
Ttar
Given.
PTtced'9.
\InertaKwr
Year
Decr:a»t,
Qivtn*
Fur
\lnertauar
Prtced'v.
Decrtatt.
I
\
I
«
»
*
*
»
i2,r>7 0,061 38,504.577+4,075,404 17.398.940 1«,17»,7«4 +1,«7.««
1887 («5 roads)
1898 (80 roadg). '47,027,390 45.314,0281+ l,7lS,3e« 17.717.885 18.Sae,«78- 006.303
j
.
$176,700 increase; the Union Pacific,
Wabash, $164,549; the Erie, $101,893;
the
$154,434;
and the Louisville & Nashville, $216,460. There wer»
some other noteworthy gains at that time on roads not
& Quincy
Nttliarntnti
Orou Earnings,
I
.
1
.
1880(117!^).
6o:io«.96oi58:87i:8i7|
I i:8^5.i43r22.<>27.irtilm4g.(>i»x-
316.810
included
among
those showing
exceptionally
lossos thc prcsout ycar lu the list abovc.
Among
heary
theae
THE CHRONICLE.
858
were the Northern Pacific,, with $451,158 increase; the
Atchison, with $406,899 (the St. Louis & San Francisco was not included in the results at that time); the
Pennsylvania, with $364,920 ; the Canadian Pacific
with $223,061; the Southern Pacific, with $292,998,
and the Denyer & Eio Grande, with $103,273. In a
few of these cases the very heavy gains of last year
have been followed by further improvement the present
year, the Pennsylvania and the Southern Pacific being
[Vol. LI.
decrease, as have a few of the minor lines of the Southern Pacific, though the latter system as a whole, we have
seen, shows heavily improved net.
Sovthern roads present rather irregular exhibits.
There are 14 which have lower net and 15 which
have larger net than in October, 1889. In amount the
heaviest gain comes from the South Carolina Road,
which has enlarged its total from $51,873 to $88,640,
or $36,767; after that road comes the Shenandoah Valnotable instances of this kind.
loy with $27,027 increase and then the Nashville ChatBut though the heavy gains last year modify some- tanooga & St. Louis with $23,356 increase. Of the 11
what the importance of the heavy losses the present roads which make up the Eastern and Middle group, 7
year, they do not alter the fact that these losses have have improved on their net of last year and 4 fall befollowed in most instances not from diminished gross low last year's totals.
receipts but from increased expenses.
There are not
Qrota Earnings.
Net Earnings.
more than six systems altogether which have lost as
1890.
1889.
1890.
1889.
Inc. or Dee.
much as $40,000 in gross earnings, and the following
t
«
P.O.
*
comprises a full
them
Trunk
lines.. (10)
16,311.299
,338,000
5.983,147
6.091.029
3,738.887
,446.260
1.408.779
1,436,875
ROADS WITH LABGE LOSSES IN OCTOBER GROSS EARSISQ8.
Grand Trunk Of Canada. $149,340 Wabash
$66,131
Mia. We8t'n..(23)
Northwe8t'n..(12)
Southwestem..(3)
8.399,069
,288,168
3,516.136
3.778,667
1,620,18«
,135.403
Erie
Pac. systems.. (20)
14.572.3W
13,,929,766
list
of
92,264
:
Chicago Milw.
<& St.
46.069
Paul.
& Eead'g Coal & I. 78,111 Northern Central
40.448
On the other hand there are no less than 16 roads
which have in excess of $40,000 increase in gross
PUUa.
receipts.
The Northern Pacific
is
one of these,
its
gain
in gross earnings being $237,718, while the net earnings
are $30,157 less than in October, 1889.
in net last year
The
increase
ROADS WITH LARGE GAINS IN OCTOBER GROSS EARNINGS.
Northern Pacific
Phila.
& Eeadini? RR
Chesapeake & Ohio
Colum. Hock'g Val. &
Wisconsin Central
Canadian Pacific
$335,129
301,174
237,718
193,717
82,499
Tol. 79,797
77.655
59,447
When we come to arrange
6,301.3ia[
East'n&Mid..(U)
Mexic'n road8..(l)
2,134,429
Total, 117 roads
60,108,960
Jan, 1 to Kov.
Trunk
Chicago Burl. 4 Quincy.. $58,459
Denver & Rio Grande
55,969
Buffalo Roch. & Pittsburg
55,005
Flint ife Pere Marquette..
46,664
N. Y. Ontario & We.'itern.
45,122
Nashv. Chatt. & St. Louis 42,554
Rio Grande & Western... 41,636
Kew York & New Engl'd. 40,571
the roads in groups we find
6,685,750
325,370
599.686
6,109.712
6,105,112
0, 004,090
440,693
2,416.966
2,182.933
2,082,096
1,760,607
076.221
318,166
729,218
82,442
698.745
65.889
22,927,181
23,242,991
44.932.670
623,114
013
—206.4S0
—66,957
+321.188
+30,473
+10,553
401
205
18-28
4-30
2513
-315,810 1-36
1
2-71
,299.360
10,327.176
43,748,808
10,209,724
+1,183,
31,474,
+67
0-66
66,961,
,425,362
21.760.269
21,016,053
+716
12.769,
,764.243
4,632.035
4,441.134
3-55
4-30
Pac. 8ystenis..(20) 114,299,
,678.282
,666,653
40.192.489
16,724.622
89,627,067
South'n roads (25) 53.213,
Coalcomp'n's. .(8) 37,276,
lines. .(10) 146,019,
,802,021
.
Mid. Wost'n..(20)
Northwest 'n.. (12)
Southwestern. (3)
we have seen was very heavy.
TennsTlviinia
Southern Pacific
South "D roads (29)
Coal comp'nieB(9)
-7,f
-28.096 1-98
—283.631 6-97
—23,428 3-76
16.204,343
,129,854
14.898.391
13,591,384
&
Mld.(ll)
19.903,
.304,810
6,188.023
5,807,767
Mexican
roads.(l)
3,0«fl,
,038.267
647,359
628,293
East'n
+190,
+665,
+1,620,
+1,307,
+380,
+118,
108
1000
9-62
6-65
22-64
ToUl. 110 roaas'484,0S6,968 447,988.748 100,802.820 154.133.613 46,160,213 400
NOTS.— IKCLUDSD CNDEB THE HEAD OF—
Tntnk Una.'
B. & o., Kast of Ohio.
B. & O.. West of Ohio.
Clev. Cln. Chic. & St.
Minn. St. Paul 4 S. 8. M.
Quincv Omaha 4 K. C.
Paul 4 Dulutb.
Wisconsin Central.
8t.
Ga. Southern and Fla.
Jack. Tampa 4 K. W.
Louisville* Nashville.
Louisville N. O. 4 Texas.
Leuls. St, Louis & Lex.*
Nash. Chat. 4 St. Louis.
New Orleans 4 Gulf.
Norfolk 4 Western.
Ohio Kiver.
diminished net earnings in the case of six of the nine
I..
Grand Trunk of Cunadu.
& Qd. Trunk.
Souihwertem.
The trunk line group has only a small de- Chlo.
Denver 4 Uio Grande.
Det. Gd. Ha». &M11.
N. Y. Lake Erie A West'n. Kan. C. VI. R. 4 Mem.
crease, but that follows from the heavy gain on the Ohio
& Mlsssissipl.
Uio Grande Western.
Ohio Val. of Kentucky.*
Pennsylvan a.
Pennsylvania and a small gain on the Detroit Grand Wabash
Petersburg.
(consol. system.)
Pacific Systtma.
Canadian Paciflc.
Rich, .t Petersburg.
Haven & Milwaukee (one of the minor roads in
Northern Paciflc.
Sav. Amer. 4 Mont.
Middle Weshm.
Sheniindoah Valley.
Oregon Improvem't Co.
Chic. A West. Mien.
Sontb Carolina.
the Grand Trunk of Canada system); all the other lines Cleveland Akron St Col. Prescott 4 Ariz. <:^nt.
San. Fran. 4 North. Pac. Tall. & Coosa Valley.*
Cleveland X Canton.
Tennessee Midland.
So. Pac— Pac. System.
H. Val *ToI.
have lost. The group of Middle Western roads also Col.
Wrightsv. 4 Tennille.
Gal. Har. 4 S. A.
Day. Ft. Wayne i Chic.
Louis. Western.
Bay City 8t Alpena.
shows a slight decrease in net, but that group has really Det.
Coal Companies,
Morgan's La. 4 T.
Det. Lans. & Nor.
Buir. Roch. 4 Pitts.
N. YTTei. 4Mei.
Joliet & Kasteru.
done about as well as any, since the Illinois Central, Ulain
Texas 4 New Orleans. Central of New Jersey
b'ilnt & Pere MHrq.
N. y. sus. & West.
Grand Raoids A Indiana. Union PacificOre. 8h. L. 4 Utah Nor. Phila. 4 Heading.
the Dayton Fort Wayne & Chicago and the Grand
Cln. Kich. & Vt. W., &e.
Oregon Ry 4 Nav. (Jo.
C^ al & Iron Co."
Illinois Central.
Union Pac. Den. 4 Gulf, Summit Branch.
& Michigan.*
Rapids & Indiana and Cincinnati Richmond & Fort Kanawha
St. Joseph 4 Grand Ul.
Lykens Valley.
I,ake E. Alllanne ft So.
All other lines U.P. sys. Western N. Y. 4 Penn.
Erie & Western.
Wayne are the only lines recording a loss. The I,ako
Central Branch U. P.
West Va. Central.
Pittsb. Younes. & Ash.
Montana Union.
SaK. Tusco. & Huron.*
Illinois Central for the four months of its fiscal year Toledo
Eastern <t Middle.
l,eaven. Top. 4 Sonthw
Col. 4 On.
Allegneny Valley.
Man. Alma 4 Burl.
Toledo & f)hio Central.
Baltimore 4 Potomac
since the 1st of July is $631,180 behind in net earn- Tol. & O. C. E.\ten»lon.
Southern Roads.
Camden 4 Arlunrlc.
Tol. Peoria A W.
Alabama Mineral*
N. Y. 4 New England.
ings as compared with 1889, but when comparison is Wheeling & Lake Erie.
New York * Northern.
Cape Kear 4 Yad. Val.
Central of Georgia.
N. Y. Ontario 4 West.
Northwestern.
made with 1888 there is an increase of about $100,000. Burl. Cedar
Northern Central.
Rap. & Nor, (Chattanooga Union.
(;he3. 4 Ohio.
Staton Island.
t:edar Kails & Minn.
For November the road has gained slightly in net. Chic. Burl. A Quincy.
Cln. N. O. * Tex Pac.
Sony Clove &C. Mt.
New Orl. 4 Northeast. Ulster 4 Delaware.
Chic. Mil. 4 at Paul.
Alabama 4 Vick«burg, West Jersey.
The coal roads constitute another group which has done l>ubuque & Sioux City.
Vlcksburg rth. 4 Pac.
Iowa Central
Mexican Roads.
Flmpire 4 llub'in.
well, only the Summit Branch and Lykens Valley hav- Keokuk 4 Wes'ern.
Georgia Uailroad.
Mexican National.
Minn. 4 tit. Louis.
ing fallen behind. The improved results shown by the
• For the month only.
Reading, the Central of New Jersey and the Susquehanna & Western attract especial attention in view of the
unfavorable reports that have been current as to the
[From our own correspondent.]
groups.
condition of the anthracite coal trade.
The Nortliwestern group shows enlarged net in the
case of the AVisconsin Central and three minor lines,
namely the Keokuk & Western, the Quincy Omaha &
Kansas City, and the Cedar Falls & Minnesota, but
losses
in
every other case.
Among
the Southwestern
Kansas City Fort Scott & Memphis loses quite
heavily in net, and the Denver & Eio Grande has a
small loss, but the Eio Grande Western has a satisfactory
lines the
increase; the Atchison has not yet furnished
its figures.
In the Pacific group all but one of the lines in the Union
Pacific system record lower net and the Canadian
Pacific and Northern Pacific have likewise suffered a
London, Saturday, December 6, 1890.
Bank of England having kept their
rate of discount at 6 per cent for four weeks, wanting
one day, on Thursday reduced it to 5 per cent. Their stock of
gold on Wednesday evening amounted in round figures to
£34,846,000. Three-quarters of a million sterling were sent in
on Thursday and a considerable amount is still on the way,
while the gold that went to Scotland last month is now
returning. The reserve also is not far short of 16% millions
The outside
sterling, being over 45 per cent of the liabilities.
market all through the week has been anticipating the reduction of the rate, and on Wednesday the quotation in the open
market was somewhat under 4 per cent. On Thursday when
the directors put down their rate the open market rate only
declined to 3% per cent, although the banks lowered the rate
The
directors of the
OsomMS
THE GHRONICLB.
20, 1800.J
^
per cent and the dUcount house* ^4
thej alluw on doposito
per cent and J i per cent.
Tlio bill brokers seem to expect a long continunnce of clirnp
money now becauso, as they nrgue, the Bank of England if unumially strong, and for theflrst two months of next year coin
will coDtinue to How back from the circulation.
But they
leuvo out of tlu>ir calculations that shipments of considcrablo
aniountti may have to l)c made to Franco and Uussia aa well
•8 to other countries. The best informed here are now expecting largo shipmcnta of gold to New York. Some of the
houses that generally are the first to ship are believed to be
making preparations, but actual withdrawals will not take
place until next week. The Berlin exchange upon London
also allows of gold withdrawals for Germany.
South
American demand has actually begun, and we shall of course
have withdrawals for South Africa and India. Apparently,
then, the result of the sudden fall in rates during the past
fortnight will be large shipments to America, the Continent,
India and South Africa, causing very likely a sharp advance
in rates once more.
A
The
week at 48^d per ounce. On
and on Thursday to 47J^d. per ounce,
price of silver opened this
Tuesday
it fell
to 483^d.
yesterday recovering to 47J^d. per ounce. Everybofly here
now recognizes the falsity of the rumor that one-pound notes
secured upon silver would be issued. It is generally expected,
however, thatone-pound notes will be issued, but thatthoy will
be secured upon gold. The impression, too, is gaining ground
that the Indian demand will not be as large during the first
three or four months of the new year as it usually is at that
season. The Presidency banks are exceptionally well supplied
with coin and bullion at present, and consequently it is expected that the money market will not be as stringent as it
generally is at the beginning of the year. It is early yet to
argue on a point of this kind, still it has a certain influence
on the sUver market but that market, as has again and again
been pointed out in this correspondence, is mainly regulated
by New York, and as New York quotations came low on
Thursday there was an instant decline in the price here. Silver securities declined likewise, rupee paper dropping as much
as one.
The stock markets have been very much quieter this week
;
than
last week.
Apparently the sharp upward movement
that followed the Baring crisis terminated on Friday of last
week. Saturday very little was doing here, and this week
the markets have been more expectant than active. The
American market at the beginning of the week was dull, the
speculative spirit which seemed to liavo revived last week died
out, and though on Wednesday there was somewhat more activity, and again upon Thursday morning, the activity died away
and the market became dull. In English railway stocks likewise
there was a decided falling-off in the amount of dealings
and the only market that showed genuine activity early in
the week was that for South African mining shares. They had
been very depressed for a long time past, but it is hoped now that
the banking crisis has nearly ended, and that several of the
mines are being worked with so much economy that they will
yield good returns. It is hardly probable, however, that much
speculation in those shares can be got up here just now.
"What is really requisite as much as anything is railway communication with the gold fields, and until that is nearly completed it will be difficult to revive interest in the mines, especially as the money market may again become disturbed and
the shock to credit will last for a considerable time. For the
past couple of days there has been less activity.
The Berlin Bourse is passing through a slow crisis. Those
who are best informed hope that on actual breakdown will be
avoided. It seemed almost inevitable a little while ago, but
now it is thought it may be averted. But the slow liquidation will go on for a considerable time yet. The Paris Bourse,
on the other hand, is as confident as ever. There is an overgrown speculation, however, and any accident may bring
about a sharp reaction. It is now thought probable that some
of the Paris bankers will make an advance to the Portuguese
Government of about 6J^ millions sterling. The Government
is in extreme pecuniary difficulties, and unless it can borrow
must default. Very little intelligence is received here from
Buenos Ayres, the Government keeping a strict censorship on
the telegraph. But it is known that the crisis is extremely
acute, and there are fears that we may have another revolutionary movement. General Roca is much distrusted. He is
Minister of War, and as he is brother-in-law of ex-President
869
H
Oelman
it is U-llovixl that hU influenc* ia
tba miaJatry is
ii
President VtWcgrial. too, haa somewhat loat groaad,
to aal*
ural, since be ia known to bare grantod new
ipiaraatM*
when it is hla plain duty to cancel all the old fUMnatum
which can honratJy be got rid of.
The committ«e formed bare to inquire into AismUbs
consisting originally of six English memhera,
Ftencb aad
one German member hos di«i(re«<l. the Fl«ncb and German
m
Ammm
oM
member* withdrawing. The BngUah monbrra reojmmnnd that
the interest and guarantee*, for which the National Oorarament is liable, shall be funded for three yean. The bomb
exchangeable for interest and guarantee* are to be a cbarga
upon the customs revenue, ranking immediateljr afUr th*
1886 loan, and the coupons, payable in London, are to be received by the Custom House. The committee ratimatea tba
payments for interest and giurantcea, of which the K*>
Government is liable, at 4 millions sterling a year, aad
it recommenda that the new loan shall bear
per cent liiltiiialAt the end of three years, therefore, the Argentine natioiw'
debt will be increased by about 12 millions sterlinjf. and th«
annual charge by about £720,000. In the meantime the Arg
entine Government is asked to cancel a proportionate part of
its depreciated paper money.
It remains to be seen whether the Argentine Ooreminent
will accept this proposition, for it is understood that French
and German bankers will make an alternative offer. The recommendations of the English members have been favorably
received in London, yet they are sharply criticised by the
holders of sterling bonds other than thoee of 1880. The customs revenue is of course the only one which can be collected
in gold, and that is being pledged to this new loan to the
total
tional
detriment of the old sterling bondholders. No doubt they receive securities which can be sold during the three years, but
so do ail guaranteed companies, the capitalists who may buy
the four-and-a-half per cent bonds that were origiiuUly issued
to the free banks as security for their note issue, and so, above
all, does the drainage and water works company.
Ifiwia.
Baring Brothers hold far the larger part of the company's aaciurities.
And whether their assets will or will not yi<4d a
surplus depends therefore upon whether the Argentine Government adopts the arrangement made between its delegate
and Messrs. Baring Brothers. All the banks that recently
guaranteed the Bank of England are thus directly interested
in the matter.
Two more
London private banks are ceasing to exist.
& Co. and Messrs. Dim&dale, Fowler ft
Co. are amalgamating with a private bank in Bristol and
another in Bath. The four firms will be converted into •
limited-liability company, the old members being the onlr
shareholders. It is clear that the private banks most all disappear. There are only two in London now which do a really
large business, and these will doubtless soon become comof the
Messrs. Prescott, Cave
panies.
The Board of Trade returns for November show, as was to
have been expected, that business has suffered from the
shock to credit and the deamess of money. It is true that
there was one working day less last month than in the previous November, but that accounts for only part of the falling
The value of the imports shows for the month a decrease
off.
of £4,185,000, or about 10 per cent, and for the eleven montha
£8,145,000, or about 2 per cent. The heaviest falling off is in
raw material of manufactures. The value of the exporta of
and Irish produce and manufactures decreaaed for tba
month £1,245,000, or about 51^ per cent, the (alUng off being
heaviest in yarns and metals. For the eleven months, howthe
British
ever, there
is
on increase in the exporta of $14,181,000, or
about 5 per cent.
The wheat trade continues quiet.
The following return shows the
position of the Bank of
England, the tiank rate of discount, the price of ooaaols, Ao.t
compared with the last three yeara :
UM.
iMt. s.
dronlitlon
PablledeporiU
Otber deposlU.
„
isat.
ntc «.
Ok.$.
»4.«TS,096
14.tTlJJ»
s
n3ti.i4a
3JM.TM
1
f
t.tli.116
tMUi»
SS.au.TCa
*«,MTja*
OoTwnmMit MCarttlM
10.MS.ue
U.M74a*
tMsr.nt
Ottaarucoritlw
1T.S17.SI8
tt.tSS.tST
UMtJUt
bmwt*
i«.«7wu
iijat.<as
Coin UMl bullion
U.aaiJ»t»
M.KMIS
tiH
Prop.uMUtollsMUUat.peret.
pwtt.
»•
Baakrmls
»«ll.IS»I
CootoU
17».7JS,000
aawlnc-HooM ratans
•
OMenbcri.
SSI IS
»
9TI.W
WHza
1T»,41S,000
t«l.tt7.0W
i»N.r.
a
auMrjw
ta^MiTU
»Mun
:
.
-
...
THE CHRONICLE.
860
The following shows the imports of cereal produce into the
United Kingdom during the first thirteen weeks of the season
compared with previous seasons
[Vol. LI.
Exports.
Imports.
Silver.
Week.
Since Jan.l.
Week.
Since Jan.l,
:
IMPOBTS.
Wheat
Barley
Gats..
1890.
cwt. 17,215,778
7,456,811
3,200,109
1889.
15,659,024
5,863,387
3,863,354
375,361
696,220
7,713,756
3,642,729
367,757
1,012,554
8,107,707
4,317,457
Peas
Beans
Indian corn
Flour
Great Britain.......
France
1887.
1888.
17,778,060
5,513,792
4,687,875
510,619
12,409,306
4,249,322
4,517,438
814,676
778,842
566,029
5,889,244
6,300,342
4,520,911
4,798,161
Germany
West Indies
Uexieo
South America
Total 1890.
Total 1889.
Total 1888.
1889.
15,669,024
4,317,457
13,957,401
1888.
17,778,060
4,520,911
9,112,293
1887.
12,409,306
4,798,161
11,378,904
31,866,595
1890.
33,943,882
1889.
31,411,264
1888.
28,586,371
1887.
$225,070 $16,586,221
247,800 19,393,712
243,500 1 2,929,154
6,501,112
1,526,371
2,057,331
3l
$3,881
17,167
249,642
Of the above imports for the week in 1890 $19,440 were
American gold coin and §881 American silver coin. Of the
exports during the same time, $101,800 were American gold
1):
1890.
Importsofwlieat.cwt.17,215.778
3,642,729
Imports of flour
ealesof home-grown 11,008,088
$1,685,882
1,351
1,362,526
794,248
3,281
659,881
454,146
600
1,543,087
48,625
22,612
411,411
115,256
29,070
All other countries.
Supplies available for consumption (exclusive of stocks on
September
$196,000 $15,695,342
292,975
coin.
Total
*
English wheat, per qr.—
31s. 81.
SOs. Id.
31s. 3d.
ATerage price, week.... 32s. 7d.
299.113.
338. 2d.
29s. 8d.
Average price, season.. 32s. Id.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
Last week.
1889.
1888.
This wed:
Wheat
qrs. 2,012,000
2,143,000
320,000
384.000
293.000
348.000
Flour, equal to qrs.
Maize
qrs.
2,251,000
132,000
158,000
1,568,500
200,000
337,000
Ensllsb Financial markets— Per Cable.
Man.
Sat.
49
per oz
d 48%
Oonsol8,new, 2% per cte. 95is,6 95is,f
96».«
961,6
do for account
Fr'ch rents (in Paris) fr. 961212 96 00
I05I3 105^
TJ. 8. 41^8 of 1891
xl23%'123\
U.S. 48 of 1907
7458
Canadian Pacific
743i
5414
Chic. Mil. &8t, Paul....! 53is
IOOI2 1100
Illinois Central
Lake Shore
109% .10914
77I2
Louisville & Nashville.. 76%
7412
7414
Mexican Central 48
N. Y. Central* Hudson. 102% 102
195g
N. Y. Lake Erie AWesfu' I9hi
99
do
2d cons
99
56 14
Norfolk & Western, pref. 55 >4
Bilver,
Tties.
Wed.
TAurs.
Fri.
491a
8511,6
9516,6
49%
49%
49 14
94-90
10512
I
I
1
I
Northern Paciflc,
Pennsylvania
pref.
.
95=8
95-10
)5-07%
105%
123%
105%
123%
74 14
52%
105%
123%
74%
51%
100
109 14
7414
61^8
7414
52=8
100
1091a
10914
100
109 14
76%
74%
74%
74%
76%
75%
102
101%
19%
101
19
19»8
991a
561a
74%
74%
101%
99
19
99
99
54%
5438
54%
63 ^
64
64%
63
64
64
5112
51=8
1514
4814
18
5II3
51%
5114
15 14
Philadelphia & Reading,
15
Union Pacific
Wabash, pref
481s
I8I4
(SionxmtTccinX
95%
100 la
i
95%
9514
95 05
123%
I
I
95i,»
95:1
15%
51%
14%
47 14
45
18
17%
I514
45%
17%
45%
17%
mid HXisc^Hatieaxis Mtxos
—
Imports and Exports for the Week. The imports of last
week, compared with those of the preceding week, show
an increase in both di-y goods and general merchandise.
The total imports were 810,476,177, against $9,330,926 the
preceding week and $9,305,802 two weeks previous.
The
exports for the week ended Dec. 16 amounted to $7,129,550,
against $7,426,805 last week and $5,838,005 two weeks previous.
New York for the week
for the week ending (for
also totals since the beginning
The following are the imports at
ending (for dry goods) Dec. 11 and
general merchandise) Dec. 12 ;
of the first week in January.
FOREIGN IMPOKT8 AT
For Week.
1887.
1888.
Dry Goods
$1,943,384
Gen'l mer'dise.
Total
Since Jan.
NEW
TOBB:.
$3,314,610
8,388,858
$2,0S9,034'
5,765,856
6,108,2241
$7,854,890
$8,051,608
$11,703,468
$2,2.32,095
8,241,082
$10,476,177
1.
Dry Goods
Oen'l mer'dise.
$117,304,188 $121,473,948 $129,104,582 $142,891,409
331,806,153, 322,795,819| 351,320,831 379,285,812
Total SOweeks. $449,107,341 $444,269,767, $480,425,413 $522,1 77,221
In our report of the dry goods trade will be found the
imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Dec. 16 and from January 1 to date
BXPOBTB FBOM NEW TORK FOB MB WEEK.
Tot the week..
Pre V. reported.
$5,062,876
293,886,420
1890.
1889.
1888.
1887.
$6,898,383
281,537,997
Basks.
"».
York.
Nov.
$6,710,592
323,699,781
Nov
$7,129,550
332,107,574
Great Britain
France
.
Jan.
1.
Week.
Total 1890
Total 1889
Total 1888
Jan. 1
$332,174
98',806
2,526,711
897,969
3,578,424
62,448
":V,ob'6
1,671,509
160,891
8,900
210,516
848,908
$102,400 $19,353,752
49,235 48,552,047
5,450,005 31.128.563
$37,960
11,861
31,905
$8,457,180
6,046,157
5,936,337
$28)760
12,-220
All other countries..
Sitice
710,632
2,772,835
2,906,066
South America
$
:Vo6
week ending Nov
(00)
in all cases.
Oltarintt.
Deposits. 1
Le-oali.
21,816.0 SS6,671,S 3.490,5 958,45 8,7
22,319,8 331.685,0 3.558,7 815,620,0
23,368,1 378,578,2 3,547,2 623,259,6
23,il63,2 376,924.2 3.538,4 745,276,0
24,453,7 376.746,5 3,557,6 718,703,9
73,995,1
73.191,2
71,658,6
67.838,2
70,310,0
'•
6...
13
,
FhllR.o
Nov. 22...
35,793,7
35,793,7
35,798,7
"
29...
Dec. 6 ..
4,383,0 124.970,6 3.256.9
4,393,2 124.810,0 3,240,2
4,920,1 126,317,2:3,211,2
80,055,3
97,396,1
30.16P,6
92.689,02,187,0
81,682,0
61,311,8
77,501.5
22,343,0
23,890,0
23.008,0
97.499,0
96,794,0
86,236,0
* We omit two ciphers in all tliese tlQures,
dAlphta. the item " due to other banlu."
92,705,0 2,183,0
91.9C0.0 2.133.0
t Inoladlng, tor
Boiton and PtiUa
DIVIDENDS.
Per
Name of Company.
Railroads.
Paul Minn. & Om., pref
Missouri Pacific (quar.)
N.Y. New Haven & Hart. (quar.).
Northern Central
Oregou Ry. & Nav. (quar.)
. .
Banks.
New York
Bank of
Bank of North America
1
2%
4
1%
2%
II4
5
3
3%
Central National
Chatham National (quar.)
Hamilton (Brooklyn)
Importers' & Traders'
4
3
7
Market & Fulton
4
Natioual Bank of Commerce
National Park
National Shoe & Leather
4
5
4
Seaboard N ational
ITIlHcellaneous.
American Surety
Brooklyn Trust (quar.)
Cliic. Jc. Eys. & Un. Stock Yard.
pref.
Do
do
.
Guarantee
&
—
—
Jan.
1 Dec.
Jan.
Jan.
Jan.
Jan.
Jan.
Tan.
Jan.
Jan.
Jan.
2! Dec.
2iDec.
2'Deo.
2 Dec.
2 Dec.
2 Dec.
2 Dec.
Jan.
3
Dec.
Jan.
2%: Jan.
3
1% Jan.
2
iFeb.
3
Jan.
Jan.
Jan.
2%
16 to Dec. 27
17 to Jan.
18 to Jan.
24 to Jan.
20 to Jan.
21 to Jan.
20 to Jan.
20
to Jan.
Dec. 23 to Jan.
Dec. 20 to Jan.
Dec. 21 to Jan.
Jan.;
:
Trust
—
5
3%
3%
to
1 to
Jan.
4
Distill'g& Cattle Fc'g (m'nthly).
Edison General Electric. .(quar.)
International Bell Tclephoue
Thomson-Houston Electric, pref.
(Days inclusine.)
Jan.
1 to Jan. 20
Dec. 23 to Jan. 15
2
to Jan.
Jan.
1 to
1
Dec. 21 to Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Chic. St.
Pennsylvania & Northwestern
Tol. & Ohio Central, pref. (quar.)
West End (Street) Boston
jiref
Do
do
Books Closed,
trhen
Payable.
Oent.
to Jan. 14
2
Dec. 21 to Jan
3 to Jan. 11
10 Jan.
2|Dec. 20 to Dec. 22
2 Dec. 30 to Feb. 2
2 Dec. 23 to Jan. 3
llDec. 29 to Dec. 31
2 Dec. 25 to Jan. 1
31
Auction Sales.—The following were recently sold at auction
by Messrs. Adrian H. MuUer & Son
:
Shares,
Shares.
40 Northeru Gas-Lljiht Co. 129
50 Dry D'k E. B.&B. RK. Co.131%
13 Central Gas-Light Co... 82
300 Cin. Wash. & Bait. RR.,
1%
pref
11 Fulton Muuicipal GasLight Co. of Brooklyn. .1301*
1,250
2 Central Trust Co
19 Mechan's'&Traa'rs'Bk.210
38 Tradesmen's Bank (new
105
stock)
15 N.Y. Lack.
&West.KR.100
65 Pennsylvania Coal Co. .290
66 N.Y. & Harl. RR., pf'd.250%
5 Broadw'y&7th Ave.BR.200
5 Produce Exchange Bk.ll5
20 Washington Nat'l Bk. of
New York
100
100 N. Y. Electric Lines Co.
$12
$100 each
100 BodieConsolidated Min60 c. persh
ing Co
Bonds,
$2,000 Jersey City 7s, Water,
1891.
100%
J.&D
Houston West St. &
Pavonia Ferry BR. Ist 78,
107i«
1894. J.&J
$1,000 Northern Gas-Lt. Co.
89%
l8t58, 1907
$5,000 Dry D'k E. B. & B. RR.
$],ri00
6s, Cert, of indelitcduess.-.lOl
68,
$300 Central Gas-L't Co.
Cert, of indcbteiluess
100%
$1,100 Manhattan Elevated
RR.
76
4s, Scrip
«fe Del. RR. Ist
Conaol. 58,1928. J.&D.93i4-95i»
$5.000Chateaugay Ore& Iron
97%
Co. Ist 68, 1915. J.&J
$20,000 Ulster
^(CnhiUQ mid IfitiawciaX.
Spencer
Trask
&
Co.,
BANKERS.
$600 $11,119,599
....
Germany
West Indies
.Since
SvecU.
9
Itnporls.
Gold.
Week.
Capital dc
Surplus.
for the
two ciphers
64,635,1 151,455,0 8.922,5
84,685.1 i50.106,7 9,413,1
65,812,9 U0,677,2 10,102.7
29...
Dec.
Total 50 weeks. $298,949,296 $288,436,380 $330,410,373 $339,237,124
The following table shows the exports and imports of specie
at the port of N. Y. for the week ending Dec. 13 and since Jan.
1, 1890, and for the corresponding periods in 1889 and 1888:
EXPORTS AND UPOBTS OP SPECIE AT NEW YORK
Exports.
We omit
122,786,8 39.1.277,9
12-2,785,8 387,297,2
122,-?85,S 384.548,1
122,7H5,8 a8(),4tl9,5
122,785,1* 335,907,9
15...
"
22...
"
29 ..
Dec. 6...
"
13...
Title
1890.
1889.
Bank Statement
City
Boaton.'
daily closing quotations for securities, &c., at London,
are reported by cable as follows for the week ending Dec. 19:
The
London.
New York
15, 1890, is as follows.
Nob. 16 and 18 Broad Street, Nevr York OUy.
ALBANY, N. Y.: SARATOGA, N. Y: PROVIDB.VCB, R. 1.;
TKANSACX A GENERAL BANKING BUSINESS.
— —
on Commission. Spedal
All classes of Seoirlties Bought and Sold ^'—-'attention given to Investment Securities. Direct wire •to each office
and
Chicago.
Boston
PhUadelphis,
and to
EP-
CITV
AND OOUNTV BONDS OF "WESTERN
Municipalities are dealt in largely by Messrs. 8. A. Kean & Co., of
New York and Chicago. The attention of Savings' Bank officers is
called to these securities. The New York oHloe is at 115 Broadway.
:
.
DaciMBia
90.
:
THE CHRONICLE.
18M.1
861
00(911 00 dlacount; Iwnk, uir; lluaUmtan, buyinK Vr,
wiling ^ premium; St Louia, TOfWK-. per $1,000 di«..uo(;
ObicMio. 1 1 00 per • 1 .000 diMsoont.
Potted ratM of loading bMiken are
foUowi
cil, $1
m
WALL MTKRBT. KRIDAY. DBCBMBBU IV, 1M9W-1I r.B.
The Moucy Market iiiid Fiiiaiicliil Situation.—The gri'iit
evont of the wofk \v;w
Railroad Prcsidenta" meeting on
Monday at tlu> li<>iis(> of Mr. J. Pierpont Morgan. The temiM
of tlie agrt>emeut reached have lieen published in all the oewstlie
it is sufficient here to remark that the compact
proposed and since signed by the officers of a number of tlio
leading companies goes aa far towards establishing a basis for
complete harmony as any agreement that could have been ixpectod. It is a very important fact in itself that railroad difficulties of long standing, with endless criminations and recriminations about rate-cutting, could Ix! brought up for discussion
and adjustment in a friendly meeting of railroad officers held
in tbo private parlors of a distinguished banker. It marks
some progress in events, and a hoi)eful improvement in methods, when the old way would have been to fight each other to
the death until the weakest roads had been pushed to the wall
and their affairs become involved in complete bankruptcy.
The net earnings of railroads reported for the month of
October are given to-day in the Chronicle and show very
fairly as compared with the same month of 18S9.
The extremes are reached on Pennsylvania and Union Pociflc, the
former showing a prain in net earnings on the lines east of
Pittsburg of $497,684 and the latter a loss on its whole system
of 1499,910 for the montii. On all roads reported the net
earnings were only $815,810 below October, 1889, which was
a very heavy month, and a few roads already reported for
November are fully up to or ahead of the same month last
papers, and
year.
At the Stock Exchange
have gradually drifted into a
state of dulness, which is perhaps the safest condition for the
present time. It was not to be anticipated that there would
be much animation before the first of January, and in the
meantime, if prices are fairly held and all parties have a period of rest, the situation is as favorable as most people could
affairs
In view of the recent financial disturbances the following
may
Pai
ft
Pruii..;..!
I
:
Exchangi.
New Yoi k Ptock ExchaDge
New Yoik Consolidated Stock APetroleumExch.
New York i- lodiice KxcliaiiKO
New York Cotton Excbauge
New York ColTee Exchange
New York Real Estate Exoh. & Auction Boom..i
Dec.,
Dee.,
1890.
1889.
$10,000
$21,000
250
850l
600'
430i
1,3001
17,500[
i
'
Boston Stock ExchanKC
Philadelphia Stock Exchange
Chicago Stock Excliange
^
2,.'S30
I
1,300
11,300
2,500
523
I
Chicago Board of Trade
350
830
6C0
530
956
1 ,000'
!
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2@ 6 per cent,
a fair average being a little more than 4 per cent.
To-day
rates on call were 3 to 5 per cent.
Prime commercial paper
is quoted nominally at 6J^@ 8 per cent.
The Bank of England weekly statement on Thursday showed
a decrease in specie of £454,000, and the percentage of reserve
to liabilities wa8 44'44, against 46'38 last week; the discount rate
remains unchanged at 5 per cent. The Bank of France gained
3,550,000 francs in gold and 3,075,000 francs in silver.
The New York Clearing House banks in their statement of
Dec. 13 showed an increase in the reserve held of $2,993,300
and a surplus over the required reserve of $607,075, against a
deficit of $2,429,650 the
•
previous week.
1890.
I
De€. 13.
Differen'»from\
Prev. week,
i
1889.
Dec. 14
$
Capital
60, 572,700
Barplus
6'J,
Loans and
213.IOOI
....
....
dlsc'ts 3S5, 967.900 Deo.
Circulation
Ket deposits
Bp«cle
Legal tenders
Beserve held
Legal reserve
Surplus reserve
!
3,
557.600 Inc
370, 746,500, Deo.
61,062,700
United State* Bonds.— aoTcmmeiit bonda bare been wltliout feature.
The cloeiDg prices at the N. Y. Board bare baan aa foOowtt
4>9<. 1801
4>a«. 1891
4s. 1007
Do
4*.
Inttretl
Dm.
Dte.
PtrUxU
18.
IS.
nif. Q.-Mob.
103
'103
•103
coup. q.-Mcb. '1U8
re«. Qi'Jan. 121
itamp'd Int pd.
118
1007
ooiip.
Do ex-op. to J'ly.'Ol
6s,
6»,
Oa,
6«,
68,
eat'ey.'m
reg.
oiu'oy,'06
reg.
cur'o.v,'07
reg.
oiir'oy,'08....reg.
ciir'oy.'oa
reg.
75,072,200
26,458,600
*
60,762,700
79.122.500
31,195,501)
94, 793,70o'lnc.2 ,992,3001
44,425
94, 186,625iDcc.
607,075 Inc .3,036,725
1
•118
•122
•118
•100
•111
•114
•117
•120
122
118
100
111
114
•117
Dte.
Dte.
X>M.
16.
17.
18.
•10.3
-103
•103
•121
•103
•121
Dl*.
10.
I
III
10
121
:
4
.
,-Ul%
•llHi.j •llHi,
118>t^ll9
•122 •122
122 .•123>8
•IIHI9 •llSli 110>4rit0
-irw •loo
100 1*100
•111
•112
112 {•I 12
•114 •lU"* 114 [•lU
•117 •117^ lUmi'117
•120 •121>li 120 '120
1
;
120
•ThUls theprioebtd attbemorulag board; no Mi* iiaamada.
doTernment Purchases of SilTer.— The Ooremment purchases of silver the past week and since the beginning of the
month are shown in tlie following statement
The full
amount of silver authorized by law having been purchatel bj
December 17 there will be no furtlier parchj^ej till Frldiy,
:
January 2
Previously reported.
December 15
17
19
•Local purchases
Total
"
The
in
month
Ounce*
Ounea
offered.
jnirehated,
6,461.500
918,000
607,000
3,512,714
698,000,
$1'02SO« $1'07»
ai-oooa aio*
210,000
fl-Cnfta^liWlft
70,286
to date.. '8,036,500
local purchases of
Prteepaid.
$1028a
4,300,000
each week are not reported
till
$1-09
Xonday of
—
State and Railroad Bond:*. State bonds have been steady.
sales include Louisiana consol 4s. $15,000, small, at 9&^
m}4 North Carolina 6s of 1919, $7,000 at 130 Tennessee settlement 3s, $7,.'J00 at 68a 70, settlement 6s, $17,000 atlOPf
The market for railroad bonds ha'i been only moderately
active and prices, while generally a little higher thin last
week, have been irregular. Rock Island extension and colyesterday on numerous small .>«aie3,
lateral 5s fell off
apparently by bear operators, to 9534, l"it quickly rallied,
closing to-day at ^'H- Laclede Gas bonds nave advanced
sharply as a result of the favorable termination of the c^impany's suit with the city of St. Louis. They sold yesterday at
76i^Va77, aa against 711^ last Friday. Reading general 4s and
Atchison 43 show slight improvement, though .Vtcbisoa
incomes declined yesterday in sympathy with the slock.
Chicago Burlington & Quincy Nebraska extension 46 on tb«
other band, have sold this week at the lowest of the year, aa
also have San Antonio & Aransas Pass 68, both issues.
;
Railroad and Misoellaneoii.s Stocks.— Tli« successful outof the Presidents' meeting, which had olrea*^ been partially discounted, failed to produce any decided effect on the
stock market. The business of the week has not been large, and
the prices of those stocks having most to gain bv a cessation
of rate wars have responded little, or not at all, to tbe good
news. This is due to several causes. There have been considerable withdrawals of gold from London for Germany and
there has been some selling of American stocks by Engliah
come
holders in consequence. 'The result of harmony among tba
railroads cannot l^ar its full fruit at once, and in the meantinie some prominent roads the Union Pacific for instaarn
show decreased net earnings for October. Then the faar of
what Congress may undertake to do with the currency belpa
to keep matters unsettled.
The grangers have been the especial target of the bears,
Atchison, Rock Island, St. Paul and Union Pacific all being
subject to their attacks, but yielding very slightly in moat
Burlington & Quincy, however, has been relatively
cases.
strong and so too has Mi.ssouri Pacific, which is expected to
profit by Mr. Gould's now strength in the West and his connection with the West Point Terminal system. Northern Pacific prefertt>d has also been well 8upi)»rted. and closes at Sl^
0,672.225
—The
sterling exchange market has
grown firmer, there being a better demand for bills, in part to
pay for securities purchased, while the supply of commercial
The market to-day was dull and firm.
bills has been limited.
The imports of gold by the steamship Majestic this week were
about §3,200,000.
Actual rates are : Bankers' sixty days' sterling, 4 8034®
4 80^^ ; demand, 4 84^^ 4 85 ; cables, 4 a5?^@4 80.
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying
ijC discount, selling 1^ discount to par: New Orleans, commer-
Foreign Exchange.
,'121
I
—
1888.
Dec. 15.
56,630.100. 51,586.000
501,600 390,08 S. 900 3H5,9><S.20C
19,200
4.!l."i0.3'X)
3,903.600
177,700, 395,600,600 402.583.100
70, 340,000 Inc .2, 501,800
24, 453,700. Inc. 490,500
aosdi'-io
40i<i*40lt
;
EXCilANGB MF.MBKRSHIPS.
M>f
w, i;reiuoD(relohinarlii)
which Exchange memberships have changed hands The
prove of interest
4
illdem)
Alii
the following week.
expect.
prices at
19.
Prime b*nk«rii'iit«rllng trtlUooLoDdoo. 481 •« <*|ii
Prima oommeralM
4 78 ei 7t'«
O„oi>n-..i.,... V ,'oinnivrolal
4 77l««4 71*
up to par.
Silver certificates, having closwl Inst week at lOITj. baTa
since been a» high as 110, on the exi>cctBtion of an increaaa
by C<ingre88 in the amount of silver which the Govemment
mav purchase, but close at 106'4. Pacific Mail has risen sharply.
closing four points better than a week ago. Tlie unh.sted
department has been featureU'ss in the abaenoe of much boriCentral also has been
which
ness, tlie one exception being Pipe line certificates,
'"
opened to-day at 641^ and closed at 71t^. the
amounting to only 114.000 certlHcatiM.
.
..
.
.
.
THE CHRONICLE
862
NEW YORK STOCK EXCHANGE—ACTIVE STOCKS
tor week enamg
HIGHEST AND LOWEST PEICE8
STOCKS.
Active
KR.
Atchison Top.
Stocks.
& Santa Fe
3019
& Facittc
Atlantic
«4=8
*74
Canadian Pacific
Canada Sou tliern
1638
Ohesaneake &0.— Vot.Tr.cert.
Do
do Ist pref..
Do
do 2d pref..
27
*124
8
.
90
*37
.
it
1614
40% 41%
& Atl. Benef. Tr. Eec.
OhicaRO Buiiin^tou & Quincy.
Ohlcapo & Eastern Illluoia...
pref.
Do
Chicago Milwaukee & St. Paul.
Chic.
Chicago
3114
b
76
4812
48
97 12 97I4
'28^ 30
Central of New Jersey
Central racific
Do
Monday,
Saturday,
Dec. 13.
2V
128
11
Do
& St.
Caeve. Cincin. Chic.
Do
L...
pref.
Delaware LaciiawannaakWest
Denver & Eio Grande
Do
Do
Do
Bvansville * Terre Haute
Great Northern, pref
Illinois Central
Iowa Central
Do
Lake Erie & Western.
Do
i9h
161a
411a
*27ia
IGh
90
23
11
90%
*6>a
136
73I2
35
82
JoSia 60
82
60 14
77
57
•58
"15
65
105
•64
105
66
65
•15
16%
108
106
70
•66
7
20
12
108
70
•9714
•6I2
9714
•17
22
12%
•7%
Do
Do
Ist pref.
2d pref.
Wow York Lake Erie * West'u
Do
pret.
Hew York A New England.
Hew Y'ork New Hav. & Hart
Kew York Ontario & West
Hew York Susquehan. <& West.
Do
pref.
Vorfolk & Western
.
Do
.
pref
northern Pacific
Do
pref
.
Ohio & Mississippi
"'.
Ohio Southern
Oregon Ry & Navigation Co.
Oregon Sh. L. & Utah North..
Peoria Deeatui & Evansville.
Phila.A Read. Vot. Trust. Cert.
Pittsburg Clnn. Chic. & St. L.
Do
pref.
Blchmond&WestP't Terminal
Do
pref.
Bio Grande Western
Do
pref.
Bome Watertown A Ogdensb'g
Bt. Louis Alton & T. H pref.
88
3773
•75
61%
59% 6II2
26% 26%
•26
•94
62
19
62
•13%
14
82
80'8
18^8
18% 18%
14
15
14
12%
12''e
•19
90
•87
•106
*37a
SO
•13
*51
16
68
•IB
-45
88% 89%
37% 38%
78
90
23%
621a
6%
7%
•58
7%
63
19
17
8078
19
15
15
1414
I414
60
53
16
55
16%
67% 68%
16%
681^
1?
17
46
99% 99%
•98
1714
47
102
Bt.
Bt.
Lou.
Paul
. .
*9
231a
•97
Boutbern Pacific Co
Texa«& Pacific
Tol. Ann Arbor &
Toledo &
Do.
1416
15
M
N.
Ohio Central
Union Pacific
Union Pacific Denver
Wabash
pref.
& Gulf
Do
Wheeling* Lake Erie
Do
do
Wisconsin Central Co
•55
pref.
pref
niBCellaneoDs Stock*.
Amer. Cot. Oil Trust receipts.
Buckeye Pipe Line Certif » §
Chicago tJas Co
10
78
*14
79
4y%
50
106
86
10578
66
-21
25
95%
96
18
20
1278
•86
•102
•378
•8
5
19
84
86
26
20
26
96%
90
101%
10
•80
•87
102
90
92
102
•4
•8
5
26
100
•94
55
•22
56
23
18% 18%
50
9^8
98
80
97
•96
14%
14% 14%
11% 15%
15
75
45^8
46»8
20%
21
9%
17%
28%
65%
181a
•50
•75
4578
80
97
65
85
80
•50
•75
9^8
9I4
16%
I7I4
28
66 14
29
9%
67%
17% 17%'
(r
S
h
Nov.
li.
6% Feb.
2t-
27%
66%
46%
135
Feb.
Feb.
121,897 44
1,912 99%
7,390 98
100 134
42,427 61%
1,200 19
Nov.
Dec.
Doc.
Dec.
Nov.
Nov.
Nov.
Nov.
Nov.
600 70
100 75
6,083 55
630 86
:•
f
15
16
10
14
17
Jan. 2
May 7
July 18
Jan. 24
15% June 16
May 10
46% July 15
26%
400
i',415
7
205
1278
1,320
4,431
10,136
85
21% 21%
62
14
63
19
14
81
20
85
530
71% 72%
65,597
•95% 97
•18% 19%
1,014
95
July 14
70% May 28
S 123% May
8 117
May
11 148
May
21 98% Jan.
26
28
6
i.
IC 3678 May 10
15 10078 May 10
10 80% June 10
10 101 May 12
•80
90
93
•102
107%
87
•4
•8
12
19
23
10
12
19
1,085
712
41,625
1,540
100
200
4,884
579
360
56
23
18% 18%
1,432
2,925
32%
7,690
23
360
253
27
15
7
23
1,210
10
610
930
14%
•52% 53%
21
21%
1.520
17,072
51,720
61% 62%
•18
•14
19
16
200
1,000
80% 80%
18%
477
20
1,015
12
55
12
13
12
55
102
•
'9
•70
10
75
83
13% 14%
15%
48
*
49
102
9%
-70
80
9%
78
81
97
14%
14% 14%
14
44% 45%
20 '4 20%
16%
17
28
66
28
66
17
28
167a
17ic
9%
50
49
9
70
255
119
9%
9%
17
28%
65% 66%
17% 17%
17,555
1,390
900
852
100
51
102
"300
10
73
510
595
345
360
"96% '96%
26
14
14%
•50
•77
65
85
43% 45%
20% 20%
9%
12
1578
96% 96% 95
14%
50
76%
12
50
16% 15% 1578
68%
68% 68% 68
19
18
18% •17
15% 16
67% 67%
17% 17%
48
48%
26
14%
5,040
1,516
16
62%
84
266
44% 44%
-20
21
9
16% 16%
28
29%
66
•17
66
18%
5
Jan. 23
Dec. 8 117 Jan. 23
May 3
8
Nov. 21
8% Nov.- 17 20 May 9
9% Apr. 23 20% July 16
16% Nov. 15 31% May 10
53 Dec. 8 79% May 10
13 Jan. 7 31 Oct. 22
95 Nov. 17 106 Sept. 2
95% Dec. 8 111 June 3
9% Nov. 24 18% Jan. 27
50 Nov. 24 75 May 5
19 Dec. 8 42% May 5
16 Nov. 10 29% May 19
46 Dec. 12 69% May 23
28 Nov. 15 52% May 16
244% Jan. 10 270 June 16
13 Nov. 18 22% May 20
5% Nov. 15 9 May 10
21 Nov. 17 34% May 12
13 Nov. 19 2479 May 6
48 Nov. 19 66% May 20
tl6% Nov. 11 39% June 10
55 Nov. 11 86 May 19
15 Nov. 19 27% Aug. 28
12 Dec. 10 24 June 6
74% Nov. IS 108% Apr. 24
16 Nov. 15 56 Jan. 2
13 Nov. 15 24 May 3
26% Dec. g 48% May 19
12 Dec. 17 13% Oec. 12
50 Deo. 11 55 Dec. 17
13% Nov. 15 28% May 21
60% Dec. S 87% May 21
15 Dec. 8 2478 May 10
40 Mar. 3 53% May 14
95 Deo. 5 120 July 24
110 Dec. 10 130% May 13
8% Dec. 9j 1478 May 9
65 Nov. 10105% May 24
19 Dec. 8 38% June 16
78 Dec. 8; 99 July 18
90 Dec. 9 115 Jan. »
22% Oct. 291 -37% Apr. 22
12 Dec. 8 24% May 20
Nov. Ill 42% June 13
tl2
42% Feb. li 68% June 11
68% Feb. 5| 95 Aug. 19
40 Dec. f 6878 Jan. 28
17 Nov. 15 38% May 8
8% Dec. 8 15 May 12
15 Dec. 8 31% May 14
25% Nov. 19 42% May 19
63 Nov. 19 79% May 19
14% Nov. 15 36% Jan. 10
10 84
250 100
100
4
98% 99
11% 11%
•55
f
215
61% 6178
26% 27
•94
Jan. 17 127 June 27
Dec. 9 86 June 1
Nov. 10 120 Jan. 31
t3% Nov. 17 12% May 12
17 Nov. 18 33%M.av 12
10% Nov. 15 1978 May 15
44 Dec. 8 68 Jan. 31
101 Dec. 8 114% June S
82 Dec. 8 95 July 25'
96
60
65% Nov. IP 92% May 5
18 Dec. 10 54% Mar. 10
92 Nov. 10 117 May 16
300 16 Nov. 19 31% June 4
798 83 Dec. ^ 104% June 6
20
2978
83
17%
28% 29%
65% 67%
I714
Dec.
Dec.
Nov. 15 111%
29% 30%
80
98
21
23%
50% May 15
9% May 15
Nov. 19 84% Aug.
Nov. 15 61% June
Nov. 19 128% May
Nov. It- 36% May
14% Dec.
36
1.^
Feb. 27
80
15
15% •14
450
30% 29% 30% 36,290
21% 21%
20
23% Nov.
123
16,653
1,200
50% 50%
11
•18
21I4
43% 45%
20
6%
12%
24
14
•18%
21
•17
50
•52% 53%
18
15
46%
20%
9%
70
98
14
22%
18
65
85
98
6
14
27% 27%
1378 1414
14% 15
82
57% 58
6
•79
78
•78
6
18
•9% 10
231a
75
128
8878
32
250 260 250
15
15%
15%
80
102
714
11
*
32% 32%
80
17% 17%
47%
100
98% 98%
10% 1114
17
66 >4 67
10
11% 12%
19% 19%
61% 62%
26
26%
19
79
47
26
18% 18%
20
14
30
86
96% 97
61% 62%
14
127t
72% 73%
59% 61%
62 14
97
7
20
50% 51%
51
•11% 12%
12
20%
55
•70
2II4
65
75
9!%
1758
28I4
641a
*16ia
9'6
124
3.561
1,523
2778
106% 106% 106% 105% 106%
90%
9014
15% 16%
•95
6%
18
71% 73%
737b
13% 13%
*
97
12% 12%
12'8
14% 14%
29 14
22% 22%
•
26
90
.
& Tex., trast rec.
& Han Fran. 1st pref
& Duluth
Do
pref.
Bt. Paul Minn. & Manitoba
8t. L. Ark.
30
1890.
Highest
Lowest.
100
4%
905 67
3,135 42
2,101 90
68 26%
16% 16%
40% 40%
•67
67
97
'6% 7
•16
20
61% 62%
63%
84,231
,
24
24
24
1,600 18% Jan. It 32% Sept. 3
125% 125% 125% 3,342 120 Dec. 8 175 May 14
130% 126% 129% 91,095 123% Nov. 15 149% July 21
17% 18%
18
830 14% Apr. 1 2178 Sept. 2
57% •56% 57% 1,612 45 Mar. 2( 61% Aug. 28
•6%
678
7
7%
595
6% Dec. 9 11% May 21
•50
60
63
61% Dec. 10 81 May 21
15
15
15
15
300 13% Nov. 10 27% May 21
•100
•66
97
26% 26%
28
100
Week,
1
of sales In 1890.
124% 125
129% 12878
•17% 18% 17%
56% 57
57
16% •14% 16
94
110
82
58% 58%
90
23% 24
•8% 10
12
•19
5978
28% 30
29% 30%
28
41
89%
38%
6
14
*80
41
•26% 28
»124 128
•
11
28%
5%
72
Range
Shares.
48% 48%
09% 99%
16% 16%
I6I4
^4%
72
2778
30
41
27
128
•93 100
•94
95
98% OS's 98I4 987a 98% 98%
981a 981^
IIJ* III4
11% 11% *
11% 10% 10%
•53% 55
*53
55
56
55
56
55
•21
2II9 214
22
22
22
21% 22
19
19% 18% 1878 18% 18%
1878 19
•48
48-4 48%
50
50
49% 49%
32% 33% 31% 32% 317a 32%
321a 33ifi
*250 260
254 254 •250 260 .148 258
I0I4 I5I4
15
15
15%
15% 15% 15
*6
•6
•6
7
7
7
7
2314
*23
23
23%
23%
23%
23
24
14% 13
13%
13% 1378 1414 I414 •13
53I4 54
•5314 .54i<j
53
53
52% 53
20 14 tO'e 20% 2114 20% 21% 2078 21%
95
61
•4%
514
71% 71
57% 58%
88%
7
20
•191a 2012
91
90 H 90 14 90
•87
94
HUwaukee Lake Sh. <b West.
87
87
107 107
Do
107
pref. 107
*4
4
4
HlnneapoUa & St Louis
6
*8i4 10
8>3 10
Do
pref.
12
Uo.K.&Tex., ex. 2d m. bonde •121.J I3I4 12
2018 2014
Do.
20
20
pref.
Kew York Central & Hudson.
BTew York Ohio. & St. Louis...
*
96% 97
•1914
Mobile & Ohio
Kashv.Chattanooira& St. Louis
16%
41
27
I8I4
57
7%
60
97I2
•17%
I8I4
58
Michigan Central
I'aciflc
-28
77
18
•6%
29%
5%
71%
48 14 49
•48% 49%
98% 98% 99% 100
57% 58%
89% 89%
23% 23%
5014 51
50
106 106
105
85I3 8512 •83
86
Louisville Evans. & St. Louis. See foUowiu g page.
Louisville & Nashville
73 "9 74>4 73% 7412 71%
•22
24
25
Ijouis. New Alb. & Chicago... *20
'96
95%
Manhattan Elevated, consol.. 97
97
97
Missouri
2979
Friday,
Dec. 19.
89%
37% 37%
•80
82
82
80
80% 80%
80
83
4978 5078
49^8 5l7e
50% 51% 50% 51%
104% 105% 102% 103% 104 104% 104% 104%
102% 103% 103 104
104 104% 10378 104%
135 136% 135 136% 135 135
70 14 72
70% 717e 70% 72% 70% 71%
23^8 23^8
21
21% 22% 22% 22% 21
571a
16
.50 14
28
*4%
7114
I2414 121'8l23%
65
I06H>
2878
124
126% 127% 126% 127% 127
123
714
50
nref
Dec. 18.
87% 89%
38% 38%
23% 23%
58
Lake Shore & Mich. Southern. 106
•83
Long Island
Thursday,
514
i9, and iince JAN.
Sales
of the
Deo. 17.
30%
128
•88%
90
128
8414
521a
105^,
10418
-20
•78
2214
n7i2 17»R
29
128
*8
104
135
72
735n
23ifl
124''8 124''8
4112
DECEMBER
Wednesday,
71%
48
49%
97% 98%
28
28
16% lo%
40% 40%
26% 2714
9812
9OI4
51%
104%
•18
12
pref.
49
98
•81
'58
'15
*106
*67
*96
l8t Dref.
2d pref.
•4%
7114
52%
*6%
& Ga
East Tennessee Ta.
29
5
721...
Si's
•5632
pref.
3II4
5
721a
81
72
22 14
ColumbusHocklnKVal. ATol.
30%
39
82
*78
5933
pref.
Tuesday,
Dec. 16.
•
90%
pref. •IO3I1! IO4I2
103 'a 1041?
Northwestern
ChieaKO Rock Island &Paclflc.
Chicago Bt. Paul Mm. & Cm.
Dec. 15.
[Vol. LI
•
84,519
1,909
1,870
2,575
3,30€
2,620
1,380
Sept. 13 104
16% •15% 16% 15% 15% 10% 16%
955 13 Dec. 8 34% May 19
•15
16% 17
10% 15
18% 8,000 14 Dec. 6 42% Aug. 18
.S7ifl
37
37%
34% 36
35% 3678 3579 36
13,567 32 Nov. 17 65 May 15
Colorado Coal & I ron
32
32
SlH, 32%
32
32
32% 32% 32
33
1,040 29% Dec. 8 54% June 6
Consolidated Gas Co
91
9178
•:tO% 92
•SI
91
91% 91%
92
1,007 85 Dec. 8 107% May 16
91% 92
921a
6
Distilling & Cattle F. Co
40
41
2,705 36% Mar. 4 49 Oct.
40% 41
40% 40% 40% 41% 41% 41% 3141
401a
Edison General Electric
8914 8914
85
744 65 Nov. 11 119 May 21
86
85
85
85
80% 86% 85% 85%
86
Laclede Gas (St. Louis)
4,500 10% Nov. 17 28% May 14
13
16% 15% 15% 14%
17% 17% 17% •14
National Lead Trust
1373 16
li% 1578 12,117 14% Deo. 8 24% May 15
15 >8 IS'a
15% 16'4 15% 1578 15% 16
North American Co
llTg 12
Ilia 12
11=4 117a
11% 11% 11% 11% 11% 11% 6.374 7 Nov. 13 47% Sept. 3
Oregon Improvement Co
16% 17
17
17% 16
16
16% 16% 16
16% 17% 17% 2,450 11 Nov. 25 54 May 12
Pacific Mail
3014 31
12,925 27% Dec. 6 47% July 18
30% 32
30% 3114 30% 34% 33% 35% 34
35
Pipe Line Certificates v
64
65
61% 65
63% 65
63% 65% 64% 72 506,000 60% Deo. 8 108% Jan. 21
63% 65
Pullman Palace Car Co
180 180
178 179
ISO 181
179 179% 181 182
2,015:i60 Dec. 8 222 JiUy 24
181% 184
Silver Bullion Certificates...
104 105
106 110
107% 109
106 107 r,SSj,ooo 96% Nov. 19 121 Aug. 19
107% 108% 10776 109
Bagar Ketineries Co
100 48 Nov. 26' 93 May 21
53% 53%
Do
Trust receipts.
54% 54% 52% 54
53% 54
53
53% 5278 53% 5278 53% 9,698 48 Nov. 261 79% Sept. 29
Tennessee Coal
ron
3014 31%
31 la
31
29% 30
29
29% 2i*% 30% 29% 29% 4,135 28 Nov. 19 89 Jan. 7
Do
•72
do
74
71 Nov. 15 119 Jan. 27
pref
Western Union Telegraph
76% 75 '4 76% 75% 76
75% 7618 76
76
76% 75% 76 12.04 8 71% Deo. 9 87 Mav 14
* These are the prices bid
and asked; no sale made. 5 Prices Irom bath Exohaagas. t Uader the rule, oaah. ; Lawostli ex-Jlr. x Ei div<Si
1
1638
36I4
16'8
16% 16^8 •16
15% 16
'3.578
36%
J,
Dkcbmbxb
THE CHRONICLE.
80, 1880.]
86»
BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANOII.
tT* Share Priees — not Per Oeataai Prlcaa.
HoDdny,
WedneMUr, ThiindaT,
Aotlve Stocks.
Baturdar,
Deo. 13.
H Indlcatu* iinlUtod.
Atoll. T.
<ft
B. Fi< (lio$lon).iOO
A
run.
Ueo. 17.
Deo. 18.
I>eo.
19.
80^
28% 30^
38>« .39%
8
6
37^8
34%
31 «
30^
31>«
100
•S
St«
\00 •02
OS
93
03
KiO
lilt picfcrrpd
"
116>4 iVii" iVo
100
•Al priffiTiMl
BoxloiiA- Alliiiiiy^B<wtoM>.l(H) ISM 'a 1110
itio
ini
'•
10(1 175
lloitoii A l.cnveU
17U
177 177
"
too nil 1!)2
BoHton <V Maine
lei
i05>9
"
lOO
17^ 17% lit>g 1U>4
Central of Mitaa.
"
100 3U>4 38
Proforrcil
89
80
"
ChlcBiir.AQnln.
100 8911 no
B0>4 00%
Atliiiitlo
Jliiltluuini
••
& Ohio
(IlnllJ.
'03>a
'•
•
CWo.
A St. P. fl'hll.J.WO
A W. MWh. (Uoslon). 100
Mil.
Chlo.
Cln.8nii.AC'lovo.
Clevp. A Cnnton
PrcfiiTcil....
510b
52>4
51''8
62>g
42itt
i3
43
43%
'.
.
'
Wo.>(tcru>f.Y.APari7n7(i.>. 100
718
210
25 42%
25 13>3
"
25 245
Canton Co
(BaltO-lOO
'
Consolidated Qas
100 45%
Erie Telephone (Bolton) .100 •46
Lamson Store Ser. "
50 21>3
r«hl'hCoHlANav. rPAK^ 50 44 >4
N.Eng. Telephone rBo»fi0100 49
North Amciii'.in. (Phil. ).\00 •11%
Sugar ReflncriesIF C.Bo»f«;iOO 55
Thomson-H'u El.U •'
25 39<4
"
Preferred.
26 25%
If
West End Land... "
QO"*
(
Boston). \6o
"
"
>
212
43
210
"."'..
iiaii
.'.".'.'."
100
100
174
lOH
194
18
100
37
83
60
43
18
iVo "a 110
190
100
174
173
lOU
19U
117
100
l>4ia
19
10
87
87
87
37
8H
88%
881a
80^8
891||
88<%
80'»
48
212>« 211
245
249
257
50i«
<9
1
2
i
SOis
"
45%
4519
47
47
•21
441s
22 M
ii^
50
83
10
17
48%
I9011
3'.2i4
108
20%
17«B
43
48^8
48^8 48^8
Om
2II4
21>e
621*
45%
43% 44%
7i»
7I4
211
4II4
131a
14
267
252
501s '48
47
22
SO
40
36I3
25%
25% 25%
20is
20^8
2118 21'8
213
42
212
40
252
47
40
47
23
45
40
53i)s
53!>s
371a
30
Ist preferred
2d preferred
Central Ohio
Charl. Col. A Augusta
152
41
13
13
255
250
2M
•47
60
50%
50
40
Btate (J as
Bo8t<jn Land
Centennial Mining...
Fort Wayne Electi'lcli
i'ranklin Mining
Frenehni'n'rtliayL'nd
Euron
(Boston.)
"
"
"
"
"
"
"
"
50
10
10
25
25
5
Tamarack Minln$^..,
25
Thmns'»K1en.\V' •»Htl
100
AC. B., 7s.. 1907, JAJ
RockAFt. 8., Ist, 7s.. 1905, JAJ
97
95
~
68......
2d,
124
86% 87%
91%
96%
Bclvldero Del., Ist, Os.. 1902, JAD
1900, FA.\
Catawi8.sa, M., 7s
Char. Cin.A Chic.lat 5g, 1947,
Ciearfleld A Jeff., Ist, 68.1027, JAJ
1900-O4,
Connecting. 6b
Del. A B'd Br'k, Ist, 7». 1005, FAA
5
80
28
5%
10%
11
15
3
3
16
135
i
1958 Feb.
ConaoL mort. 7s
ConsoLmorteg
1011,
189.1,
JAD!
A St.
I..,
7a.
.
FAA
g.l936, FAA
.1900.
4
12
SO
SUten
Island,
2d,AK. 19^8,
34
16
185
00
140
JOO
lBal.AOhioB.W..l«t,4%g.l990,JAJ
i
]
,,
Cai>eF.AYad.,8er.A.,6g.l9t6. JAD
1916, JAD.
Scries B.,0g
1916.
Series C, 6 g
mso
Cent Ohio, 4% g
Charl. Col.AAng. lBt78. 1805, JAJ
Ga.Car. ANorTlst 5 g..l929. JAJ
North. Central, gold 6a, 19O0, JAJ'
Gold 6b of 1904
v.;;."J "it^
1926, JAJ,
SerieaA, 5s
JAM
M*a
4%s
I
••
1107
1100
95
00
100 103I*
98%, 00>t
I
00
,Oxf.ACTBrlt.,lnt.gu.,6g.l037,M*N
99
IPIedm.A Cum., lat, 89. 1011, F*A(
01>>»
100
lioa%
Connclls. Ist7s.l898. JAJ; 113% 114%
117
Virginia Mid.. 1st «s. .. 1006. MAS 115
Pitts.
A
1011 MAS 113% 114
2d Series, 6s
1016, M*8
ad Series. 0*
AthBeriea. S-i-Sa.....l92l, MAS.
99'"'io6"
I !>-rt, .MAS
8U1 Soriea. 8«
West Vi».C.AP.lBt,6g.l9n. JAJ, 109%! 110%
Woafn N.G CoosoL 6 g. 1914. JAJ'
Wilm. Col. A Aug.. 611.. 1910, JADj iri'liit"
.
119 >19»
: 19% 131
120 139
1
MAM
I
1
Kxeba^
!
I
.Tk«s««jth«piKMUda&dMked:B0 6itt«ira«iaa«e.
190
Il04
iiw'tido"*
102% 103
113 114
114 110
107% 100
103S,A»Oj 103 100
I
MAN
100
118
JAJ
Easton A Am. l8tM...'i8.1920,MAN 109 112
121
Elmir. AWilm.. lat.lia.lOlO, JAJ.
Baltlmore-Clty Ualies. lOOO.Q—J,
'Hunt. A Br'd Top,Con.58.'93,AAO 90% too
1900. O-Jl
Kaadlag6a
1914, Q-J 107
Lehigh Nav. 4%8
Weat Maryl'd RK. 6*. 1002. JAJ
JAD
loa
1897,
2d 6s, gold
«916, MAN,
Water 8a.
General mort. 4%a,g. 1024, Q-K,
1016,
roodlnirSa
Lehigh Valley, 1st 68. . 1 «08, J A I ) ido" !;;i;!
lOi«>.JAJt
1910. MAS 134%'
2d 78
~3%a
Cheaaiieale
1923, JAD 125
ConsoL6
Conaol. Oas,
111 1113
North Ponn. 1st, 7b....I80«.
...1125
6a
1003, JAJ I
Gen. M. 78
Xqnl table'
124
Pennsylvania gen. «e, r.lOlO, Var t....
'Vtrglala
l»05.Yar|m8
Con»ol. 6b, o
.
J
Bonds.— Baltimore. ,.,
I
1
U3
Atlanta Xo&arL, lat 7s, 1907, JAJ 110
1900, AAO
Inoome 6e
BalUmoie * OUo4r. 1035, AAO
Pitta. A Conn., 6 f,..1925, FAA
I
!
78%
33
25
107
Po'keepsie Bridge,
64V 89
8chuyl.B.E.8ide,l8t5 g.l9;i,'-., JAD, 103 ^103%
8teuben.AIml.,l8tm.,5».l»14,JAJ!
l.'isl. AAO| io6' 107"
lUnitcdN. J.,6g
Warren A Frank., l»t,7s,1896,FAA 106%
I
ioti"
07
78
63%
AAO
1911. JAD 124%
Pitts. C.
94%
10%
1
t
g., 1897, AAO| 103
Con. M.,5 g.,8tamped,ie32,MAN| 90
Phil. Wilm. A Bait, 4s. 1017, A*0,f
|lie%;
U—
MAS
5%
16
I
pref. income, 5 g,
110%!.
t
JAJ
Improvement H. 6
05
Sends,- Philadelihia. JAJ
,,
100
cny Val.,7:f 10s, 18ik>,
Atlantic City lat 5a, g.. 1819,MA.N 101
3%
8
75
27
1920,,
1902, MAN
1898, FAA
AAO
1920,
g.. I95«»,
2d, 78
|
80
4% g
.
2d
3d
.
Ist, 6b
Bid.
Ist pref Income, 5 g, 1 958, Feb
pref. income, 5 g, 1958, Fob. 1
87
98%
I
tno.Os
Rutland,
M
32«Uajr 9i
Nov. 10
17
Gen. mort., 4 g
;PhUa A Read, new 4
;
17% 17%
25
100 73
25
Kearsnrge Mining
11%
Morris Ciinnl guar. 4. (Phila.). 100 f
*'
Preferred guar. 10.
100 1180
Osceola Mining
(Boston). 25
33%
"
Pewabic Mining
25
8
"
Pullmau PnUiceCar..
100 131
Qulacy Mining.
25
85
.Milling
Illinois Hie« in
114
I
110
Jan. ai
47% Sept. 1
8 ao%JaM i
25% Sept 17 28%Oet
60% PuUa.AErlegen.M.5g.,1920,AAO
40^8
I
11
85
36 04>(iMay ai
. . .
I
40
11
19
31
8
8
i
78
iLoul«.,Ev.A8t.L.,l8t,6g.I92G,AAO (102
1936, AAO
2m., 2—6 g
iMar. U. A Ont., 68
1925, AAO
1923,JAD 07%.
Exten. 68
Mexican Central, 4 «... 1911, JAJ 69%| 70%
32% 35
Ist consol. incomea, 3 g,non-<'uin.
20
2d consol. Incomes, 3»,non-cuiu.' 19
N. Y. A N.Eng., 1st, 7», 1905, JAJ; 5121
1905, JAJ, Slll%112
Ist mort. 68
1902, FAAI (100 [102
2dmort. 6a
2d mort., scaled, os. .1902, FAA
Ogden.
A L. C, Con. 68.1920.AAO,§
„
81
68
June 18
84% 8ept !•
67% Feb. 11
84% An*. 4
37% Jan. «
54 May 39
1910, Var, 110
1913, J*D
1900, JAD' 108%>
25
Pa. A N. Y. Canal, 7b
1039, AAO tll2 |.
ConsoLSs
100,.
78>s' PerUomen, l8teer.,58.18IH, Q-J
Collat. rr.
I
I
87%
3'i:\
8
10
iPenna. Consul. 58, r
I
80
I
Dec. 11
Bonds.
3%
!K. C.Mem.
Ik.C. 8t. Jo.
!l.
.
Bay
1,2011
13,760
SO
2-'e
A Bir., 1st, 58,1927, MAS
.
Wisconsin Central... (Boston) .100
"
Preferred
100
"
Worc'st.Naeh.ARooh.
100
MISCELLANEOUg.
Allouez Mining
(Boston). 25
"
Atlantic Miuiug.
25
City Pu.sseunci-KK... (Ball.). 25
26
Jil
!
85
6 240 Jan* 13
No%-. 19 a*
June
Nov. 19 2<;''HJune 3
Deo.
Mar.
Feb.
420; 10
Nov.
0,425 43% Not.
46 48 Dec.
0^8 Deo.
200
1.722 48% Hot.
12,002 35 Deo.
21
Free.Elk.AM.V.,1st,68.1933,AAO5100 111
...118
Unstamped 1st, 6a.... 1933, AAO
K.C.C.A8pring.,lst,.';g.,1925,AAO
97
'K. C. F. B. a M. con. 6s, 1928, MAN 108%'
i'35"
W
Dec.
38%
418 11
176 240
48
30S 44
100 37
26
85
Consol. of Vermont, ."is.igiS, JAJ
'100
Current River, Ist, 5»..1927, AAO,}
Det. Lan9.ANor'nM.7B.19O7,JAj4l02%I05
125
Eastern 1st mort. p., 1906, MAS «
68
">
8 BepL
M^ 7
40% Deo. 8 OSK^Jaa.
Dee. 4 333% Aac. SI
800
7% Dec. 11; 12%M«y 87
Ask.
Bid.
I
)
40
63% 63%
3038 42%
53%
40%
25% 25%
20% 21
A Nor. l8tr>,192G, AAO
2d mort. 68
1918, JAT)
Debenture 6s
1896. JAU
.Chic. Burl.A Quincy 48. .1922, FA A
1919, AAO
Iowa Division is
Chic.A W.Mich, gen. 5s, 1921, JAD
167
46
22
8,24 •.«
a
8
3»
31
May 1*
18226
8781101
49
Chic. Burl.
Cheshire preferred .. (Bo»to») .100
*•
Connecticut A Puss.
100 115
Connecticut River...
"
100 215
Delaw.TrcABound Br.(PA»Z«.) .100 t.
"
Har.Ports.Mt.JoyAL.
50 80
Kan. C'y Ft. B. A Mem. (Boston) .100
"
K.C'yFt 8. A Gulf pf.
100
"
K. CitvMeui. ABlrm.
100
Little Schuylkill
(Phila.)
50
Manchester A Law.. (Boston) 100
Maryland Central
(Bait. ) 50
Mine 11 ill A B. Haven (Phila.) 50
"
NcsquehoningVal....
60
Northern N. H
(Boston) 100
North Pennsylvania. (Phila.) 50
Parkersburg
(Ball. ) 50
Pennsvlvama A N. W. (Phila. ) 50
KaleiKh A Gaston
(Bait. 1100
Eutlaud
(Boston) .100
'*
Preferred
100
Seaboard A Roanoke. (Ball.) 100
"
lat preferred
100
West End
(Boston) .50
"
Preferred
50
West Jersey
(Phila.)
50
"
West Jersey A Atlan.
50
Western Maryland..
(Bait.)
50
"
Wllm. Col. A Augusta
100
"
Wilmingt'n A Weldon
100
46
22
53
39
lOlO.JAJ
Plaln4a
n
10
\9
10 1.56 June 1«
10 31% Jane ft
8 S2SMay 10
Deo. 8 121% July 17
Nov. 10! 71
Jan. »
Nov. 11 311% June 10
Nov. 11 Mil May 10
7,628
3,3-461
45% 45%
46
47
I
40
66%
9
1
1«
89 102 Dec. II 1711 Apr.
4,000! 473k Nov. 10, 60% M«r
-'
1,3.52 23
Dec, 17;
36% May
213
40%
45% 45%
.')
50
50
(.Ball.) . 50
100
212
14
4514
Bonds.— Boston.
121 100
5 65
6,674 17%
7%
40%
81
0!
X47% Deo.
130 Feb.
10% Nor.
2,016 28% Deo.
1,307
18% 31,052 13% Dee
7%
1«
91
S
May
Mar
3l%Oet
49% May
64% May
Nov. 10 39
Deo. 18 104
14'«
44%
228%
May 2«
n
I'
25
7^
July
At*. H
July 31
May 21
iMay a
May
May
tMay _f
a*
24
44!>g
U
U
Juii.
2;17J July
T)»r. lOl 0.*.%May
6.4701
21,06-1
3S
A lie.
I May
25
21%
At.Top.A8.F.100-yr.4 g.,1989. JAJ
714I
100-ycar income
p., 18rt9.8ept.
56%i.Burl. A Mo. River Exempt (is, JJcJ
1'JIS, JAJ
Non-exemi)t 68
"
"
62%
45
Thom.Europ.E.Weld1I (Boston) 100
•'
Water Power
100
"
Westlnghouse Elec.n
50
07
251
.
2114
•21
25% 25%
20% 21
6%
IH
120
»
Jiilf
Mitr.
.r
40% 49%
;-
Atlanta A Charlotte (Bait.) .100
Boston A Providence {Botton) .100
Camden A Atautic pf. {.Phila.) 50
Catawissa
"
50
108
68
61'8
22814
46
Inactive stocks.
Priets of December 10.
10%
31% »iH
45<4
•47
501s
45%
48^8
10
161% 164%
312
250
!
800 80
715 13% Deo.
see 88% Dee.
48
48^
16»i«
:<
1
1
17
17%
21%
2'<
.-
080 78
85
107
•67
IHtMarli
l<i7%May tk
.1
40I>|
13 14
14
263
100
83
43
63
165
7^'
714
451a
•21
44^8
ll's Ifs
52% 53
36% 33
251a 25%
80
21°8
44<>e
22H>a 228I4 228>«
444 45
iil'a
17>«
48
00<%M»r tf
4|
].'•
I
22
.....
80%
80
42 ii
Dre.
M>
«m,
44
328 27
160
83
4<.l''e
47
22
•18
82 >a
-17%...
62 ig
165 168
165
40>« 40^
40%
23 >s
23>g •24
23
14'« 1411,8 15l„
15
164
44%
3919
...
...
...
10
10
10%
31% 331* 3214 32%
107 108
1071a 108
70
67
67
20'h
6238
1.016
•22% 24
6
10
451.
50
Ask.
42>a
49
45 >s
47
23
•53% 5414
55
81% 62
•H3
43>i
212
42
42
13% 13%
•0
•18
leu
82
IX>r.
7.1201
•41
7
I
Wor. in
i
80%
80% 81%
81%
tiO«««4.
00.033 23%
1,000
4
146 03
126
8|I12
171 185
32 ir.-i
ine
lH>a
160
7!%
42 k 43
131s
Bid.
Inactive Stocks.
7%
738
758
nildCeilaneoHv Mtocki
ButteAHiiHtnn..
Calumet A lleda
6
1.10
190
•6
•18««
Hbani*.
•03% 08
03
'•
.
Bell TeleiiliDiio
03
171
60
"
*5>«...
100 "•e"
"
•18
100 18
18
...
Eastern
(Boston) 100 158
188 ...
•'
Flt«lilnir(?prcf.
100 80
81
80
80>«
"
Fl. A I'ero M»rq.
100
"
rii'firiod
100 '80
85
85
Unat.Acar.Top.(Fhaa). 80 17^1 17>4 "H'H 17»8
"
•42 >g 43 >s
I'lcf.iicd
CO 42
42
43
"
J.i'lil>;h Valley
50 48<4 48>4 4S>4 4898 48^8
M;iliici Central (Boston). 100
"
Mexican Central
100 1038 igig
ig>9 10^8
19
"
100 '32\ 33
N. Y. A N. Kug.
33
31>9
331b
"
Preferred....
100 105 105
106 108
107
Korthern Central r'BaW.;. 50
Northern PuclUo (Ph ilu.) 100 20>9 20%
20>9 2118
20»8
"
Preferred
100 omi 02
6214 63
01
Old Colony
IBoston).100 102 164
163 >ii 163>a 163
49I9
Pennsylvauia.. (Phila.). 50
4U% 49^8 49% 50
"
Phllaifel. A Erie.
50
25
23 ii
"
Phlla. A Reading
14'8 151,8
50
141a 15ie 14>'i,
Summit Branch fBoxfon^. 50
'•
Union PacUlc
100 45 Dg 4638 4618 46>g 43%
228i« 228
United Cos.ofN.J.rPAiVn.noO
229
Boat A .Hontana
ea
iMHrcafMlMtatMil
of Uia
Weelt,
rrMiur,
Ueo. IS.
I
| CnlUted. iAadacocoedl«tM«at.
I
Latast price mis
waO.
I
i'-ii"
134%
IWl
105
103
,108%
113%,114%
100
104
ion
<I00
63%t 0»%
7
.
1
THE CHRONICLK
864
NEW YORK STOCK EXCHANGE PRICES
BAILROAD and MISCEI. BOKD8.
T
,
o ,\Olos'ng
Period. Dec. 19
\
Range
(Continued). — ACTIVE BONDS
(sales) in
1890.
88 May
78 Dec.
70 14 May
40^8 Nov.
2414 May
10 Dec.
7OI2 Fob.
821a May
J & J 72
A & O 10812 IO712 Dec. 113i4Mar.
tl04 Nov. 110 Feb.
J & J 106
& S 94 b. 94 Deo. 100% JiUy
Q-J 115i2b. fll5 Nov. 122 Jan.
119 b 118 Nov. 128 Feb.
J & J IO714 106 Dec. II312 Apr.
110
105 Dec. 116 Jan.
& Ni 80 b. 9712 Dec. 105 Apr.
106 Dee. IIOI2 June
J & J 106
J & J 11412b. Ill Nov. 116% Mar.
A & O *110 b. Ill Dec. 118 Feb.
Sept.
Railroad and Miscel. Bonds,
94 13
103% Apr.
92i2Dec.
& J 66 b. 6412 Nov.
82 July
J & J
66 Dec.
1989 J & J 66
2dcon.,3-4g
1911
100
Nov.
&
A
F
10313b.
Ches. O. & So. W.— 6 g
122 Dec.
Ohio. Burl. & Q.—Con. 7. ..1903 J & J 123
1913
b.
96
Dec.
M
&N
97
Debenture 53
1922 F & A 88 b. 88 Nov.
Denver Division, 43
Nebraska Extension 4s .. 1927 M &N 84i2b. 8412 Dec.
111
Dec.
Ohlc. & E. 111. -J St, 8. f., 68.1907 J & D Ill
1934 A & O •110 b. 112 Dec.
Consol.eg
General c/insol. Ist, 58. ..1937 M & N 94 b. 93 Dec.
Chic. Gas. L. & C— Ist, 5 g.l937 J & J 85i2b. 80 Dec.
& J 12012b. 123 Oct.
Ohlc. Mil. & St. P.—Con. 78.1905
b. IO912 Nov.
Ist, Southwest DlT.— 68. 1909
&. J Ill
Ist, So. Min. Div.— 6s ....1910
& J II212 llli2Dec.
Ist.Ch.&Pac.W.Div.— 5S.1921
J 10312b. 103 Dec
Chic. & Mo. Riv. Div.— 58 1926
& J 100 a. 97 Nov
Wis. & Minn. Div.— 5 g...l921
& J 99 b. 9912 Nov
1914
Terminal, 5 g
& J 99 b. 99 Nov.
Gen. M.. 4g.. series A.. ..1989
& J 88 a. 87i<i Nov.
MUW.& North.—M. L., 6s.l910 & D 10512b. 105i« Dec.
1913IJ & D 106
106 Dec.
Ist, con.. 6s
135 Dec.
Ohic.&N. W.— Consol. 7s. .1915 Q-F 135
1902!J & D 124 b. 123 Aug.
Coupon, gold,78
1929lA & O "113 b. 112 Dec.
Blulnn g f und 6s
Blnking fund 58
1929 A 4,0 104 b. 103 Nov.
104 Nov.
Sinking fund deben. 5s ... 1933IM & nI 105
1909 M &N 101 %b. 100 Dec.
25-year debenture 5s
1926iF & A 96ii.a. 96 Jan.
Extension 4s
Chic. Peo. & St. Louis— 5 g.1928iM ,& 8 97 b. 9119 Jan.
Chic. K. I. & Pac— 6s, coup. 1 91 J & J 12412b. I2112 Nov.
1934tJ & J 97I2
9514 Deo.
Extension &col. 53
Chlc.St. L.& Pitt.— Con., 5 g.l 932 A. & O
98 Oct.
Chic. St, P. M. & O. -OS. ...1930 J & D 114 b. 114 Dec.
90 Nov.
Cleveland & Canton— 5 g..l917 J & J 90ifl
C. C. C. & I.— Consol. 7 g...l914 J & D 121 b. I3014 July
General consol. 6 g
1934 J & J 115 b. 117i4Fob.
1 900 F & A 100
b.
Col. Coal & Iron— 6 g
99% Dec.
Colorado Midl'd— Con. 4g.. 1940 F & A *71 a. 66I3 Aug.
Col.H.Val. &Tol.— Con.5g.l93] M & S 7958
73 Mar.
General, 6 g
1904 J & D "29^
73 Mar.
Denver & EioGr.— 1st, 7 g.l900 M & N 11312b. II212 Dec.
Ist consol., 4 g
1936 J & J 80
761a Jan.
Det.B. City & Alpena— 6 g. 1913 J & J 94 a. 94 Nov.
Det. Mac. &M.— L'dgrants.l911 A & O 27%
27% Dec.
Dul. & Iron Range— 58. ...1937 A & O
95 Nov.
Dul. So. 8h. & Atl.— 5 g....l937 J & J 92 b. 90 Dec.
E. Tenn. V. & G.— Con., 5 g.l 956 M & N 100
100 Dec.
Knoxville & Ohio— 6 g...l925 J <S J IO313 103 Dec.
Eliz. Lex. & Big San.— 6 g. 1902 M <& S 88
87^8 Nov.
Ft. W. & Denv. City— 6 g. .1921 J & D 99
9412 Dec
Gal.H.&SanAn.— W.Div.l8t,5 g. M &N 93 14
92 12 Sov.
Han. <k St. Jos.— Cons. 6s ..1911 M & S. 11414 114 Sept.
lUinois Central—4 g
1952 A & O 9712 a, 98 Nov.
Int. & Gt. No.— 1st, 6 g ....1919 M & N 111 b, 10914 Jan.
Coupon, 6 g., trust rec.-.1909 M & 8. 71 b. 70 Dec.
Iowa Central— Ist, 5 g
1938 J & D 77>2b. 76 Dec.
Kentucky Central —4 g
1987 J & J 78 b, 78 Dec.
Kings Co. El.— l8t, 5 g
99 12 Nov.
1925 J & J
liaclede Gas— Ist, 5g
7712b, 69% Dec.
1919 Q-F
Lake Erie & West.- 6 g
1 937 J
& J 105%b, 105 14 Dec.
Lake Shore.-Con.cp.,lst,7s.l900 J & J 123 b, 121% Dec.
Consol. coup., 2d, 78
1903 J A D 11914b, !ll8i2Dec.
Long Island— Ist, con., 5 g.l931 Q-J IIII3 IIII2 Nov.
General mortgage, 4 g... 1938 3 & D 91 a, 90 Dec.
Louisv. & Nash v.— Con., 7s .1898 A & O 111 b, llOifi Dec.
N. O. &Mob.— 1st, 6g...l930 J & J 114 b, 114 Dec.
do
2d, 6 g
1930 J & J 112 a, 106 Jan.
E. H. &N.-lst, 6g
1919 J & D 111 a, 108 Dec.
General. 6 g
1930 J & D II013 110 Dec.
Collateral trust, 5g
1931 M& N
101% Nov.
Louis. N. A. &Ch.—l8t, 68.1910 J & J 108 b. 106 Dec.
Consol., 6g
1916 A & O 93
89 Dec.
LoulB. St. L. & Texas— 6 g..l917 P & A 77
7314 Dec.
Metro. Elevated— 1st, 6 g. 1908
& J 114
112 Jan.
2d, 68
1899 M & Ni 10258b. 100 Nov.
Mich. Cent.— 1st, con., 78. .1902 M & N 120 b. 12012 Dec.
Consol., 5r
19021 M & Ni
107 Nov.
Mll.LakeSh. &W.— Ist,6g.l921 M & N 117 b. 11618 Dec.
Exten. & Imp., 5 g
1929' F & A; 97 b. 98
Dec.
M. K. &T.— letls, g
199o! J & D 73
70 Deo.
2d48. g
1990! F & A| 37
33 Nov.
Mo. Pacttlc— Ist, con., 6 g. 1920! M & N 103«8 10358 Dec.
3d, 7e
1906 M
N 112 b. 111 Dec.
Pac. of Mo.— Ist, ext., 4 g. 1938 F & A 96 b. 95 Aug.
2d mort., 7s
1891 J <& J
100 July
Mobile & Ohio— New, 6 g.. 1927 J & D 110 b. 1091a Dec.
General mortgage, 48
1938 M & 8 62
56 Dec.
Mutual Union Tel.— 6g
1911 M & N 101 b. 98 Dec.
Nash. Ch. & St. L.— Ist, 73.1913 J & J 1261a 125 Dec.
Con.5g
1928 A & O
100 Nov.
•
•
>
.
.
.
.1
;
<t2
Note— "b"
73I2 Juno
J
.
indicates price 6id; " a" price ashed; the
Intefst,
N.Tf.
Ist,
July
82
May
77
1131a Jan.
Juno
129
105^8 Apr.
96 July
94 14 Apr.
II8I2 June
122 Sept.
100
Jan.
9812
1291a
May
May
116% June
118% Apr.
109i4June
i03% June
106 June
106 June
96%
II312
Apr.
May
113i4May
144 Jan.
129 May
117 Feb.
110i2Feb.
112 Apr.
&
!
.
. .
,
;
I
1
2d pref income 5 g
3d pref. Income 5 g
. .
8t,L. Ark.&Tex.— 1st, 6s, t'st. rec.
2d, 6s, 1936, tr. rec, all ass.pd.
St. L.
Iron Mt.— Ist, 7s.. 1892
&
llOiaFeb.
1161a
II6I3
May
May
110
119
105
104
117
110
129
Feb.
Feb.
Jan.
is
126
&
&
July
May
Mar.
Apr.
July
Sept.
Jan.
May
SECURITIES.
Bid.
Ask.
10468 Apr.
May
113i2May
120
89
111
131
104
Nov. 128 Apr.
Nov. 97 Jan.
Nov. 117iaJune
July 134% Apr.
Dec 112 May
I3II2 Dec 13913 Jan,
10312 Dec. 110i4Mar.
117 Dec. 122 12 Jan.
93 Dec. 107 May
1 09
Dec. 113% Feb.
89 Dec. 101 May
90 Dec. 101% June
110 Nov. " 18 Feb.
99 14 June
94 Oct.
II3I2N0V. -19 June
107 Nov. 116 Aue.
IO312 Dec II312 May
77 Dec
94 Aug.
99 Nov. llOia Apr.
106 Jan. 113 Miy
113 Dec.
17 June
113 Dec 117 June
100 Nov. 111% May
40 Nov. 68 May
71 Aug. 80 June
79 Nov.
06 May
106 Dec 113 Jan.
9214 Dec 10418 Mar.
105 Nov. IIOI4 Mar.
101 Jan. 1 09 Anr.
100 Mar. lOOiaMar.
57 12 Dec.
74 May
72 Dec.
85 June
3412 June
17 Dec
75 Nov. 87 Jan.
8OI2 Jan.
50 Dec.
32 lab. 29% Dec
26
23 Dec.
J 73 b. 72
Dec.
J "115 b. 112 Dec
O 8413b. 83 Nov.
A 95
91 Nov.
8 67
59% Nov.
J 72
68 Nov.
O 10312b: 100 Deo.
N '90i2b 98 Nov.
J 113 b lioia Jan.
A 10658b. 1 05 12 May
7712b. 70
Dec.
18ieb. IS
Nov.
A 10312b. 102 Aug.
N 104 b. 1031a Dec.
J 10114b. 100 July
IO213 Dec.
18478 Nov.
5812
May
49
Jan.
83
May
II8I4 June
94
June
103 Jan.
83 May
78 May
112i4Mar.
107% Apr.
113 June
111 Jan.
98% May
32% May
108
Jan.
109% Oct.
103% June
107% Oct.
95 la July
115 June
115 Apr.
11412 Apr.
115 Jane
Doc 120 Mar.
Nov. 120 Jan.
110
110
106
105
114
Nov.
Nov.
Nov.
Nov.
115
100
¥<ib.
86I2 Jan.
5713 Dec
62 Dec.
128 a, 113% Jan.
56 %b, 48 Jan.
101 leb, 96 Jan.
13 a,
713 Jan.
J!104 b, 105 July
O 108 lab, 112 Apr.
1021a June
92
June
881a June
90
June
127
Oct.
621a Oct.
10114 Oct.
J4i2 0ct.
108
June
& J 97 b. 95 Dec. Ill June
& J 103 b. 102 Jan. 108i4July
& J 75iab. 76 Jan. 80% May
C—
& D •86 a. 88 Dec. 101 Jan.
& J l\5\\>. II412 Nov, 1181a Mar.
M & 8 108
108 Nov. 1161s Feb.
M & N 70 b. 65 Dec. 90 Jan.
KansasPaciflc- Ist, 6g..l895 F <feA noisb, 110 Dec. 112i4July
lst,6g
1896'J & D logi-jb. 110 Jan. 1131a Mar.
DeuverDiv.— 6 g
1899 M & N 110%b. 111 Dec. 117% Mar.
Istconsol., 6g
1919'M & N 108i2b. 107 Dec. 118 Mar.
Oregon Short Line— 6 g. .1922 P & A 101 b. 99 Deo. 1I6I4 Jan.
9514 Jan.
Or.S.L.&Ut'hN.— Cou.5g.l919 A & O 79%
79 Dec.
U.P.Den.& Gulf con. 5g.l939iJ & D 76'2b. 7312 Dec
88 Aug.
Union Elevated— 6 g
1937iM & N 105 b. IO512 Dec llOiaOct.
VlrginiaMld.— Gen. m.,58, 19S6 M &N 79
79 Dec.
881a Apr.
do
stamped guar. M & N 81 b. 80 Deo. 90 Apr.
Wabash— 1st, 5 g
1939lM & N 96
93 Dec. IO514 Apr.
8618 Jan.
1939. 'F & A 71
2d mortgage, 5 g
68 Nov.
Debcnt,M., series B
1939|J & J 30i2b. 29 Nov. 57 May
2361iJ & J 100 >e
West Shore— Guar.. 4s
991s Dec 10658 June
92 14 Jan. 102 14 June
West. N. Y. & Pa.— Ist, 5g.l937|J & J 9812
2dmort.,3g.,58C
1927 A & O 28
27% Dec 40 May
West, Uu. Tel.— Col. tr., 53. 1938 J & J 97%
97 Nov. 10212 Jan.
Wis. Cent. Co.— 1st, 5 g
1937lj i J 95 b, 90 Dec. 104 14 Apr.
69 Jan.
Income, 5g
1 937'.
3312b, 28I4 Dec.
made up from
J
J
J
J
'
actual sales only.
SECURITIES.
Bid.
1906
104 'New York— 68, loan
1893. 107
ClassB, gs
1906 106 112
North Carolina— 6s, old
J& J
ClassC, 4s
1906 100 104
Funding act
1900 10
Currency fundine 48
1920 10o% lOHifl
New bonds. J. & J....1892 1898i 20
Arkansas- 6s,fund.Hol.l899-1900
8
17
Chatham RR
4
do. Non-Holford 1.50
180
Special tax. Class 1
4
78. Arkansas Central KR
4
10
1910'
Consolidated 48
Louisiana— 78, cons
1914 105
68
1919 119
Stamped 43
9219 93% Rhode Island—68, con.. 1893-1894 107
Mlseourl— Fund
1894-1 895 108
South Carolina— 68, non-fund.1888
3
to
1890.
Bighest,
Sept. 132
1061a Dec.
*
Latest price this week,
NEW YORK STOCK EXCHANGE FRICES—STATE BONDS DECEMBER
Alabama— Class A, 4
1S90.
115 12 Sept.
&
& O 100 b. 100 Oct. 103% Mar.
& J 105 '2b. 105i4July 109 June
& O 84
80 Dec. 104% Jan.
& J 90
861a Dec. I0312 Jan.
& D 84
96% May
8258 Dec
45 12 May
March. 3014
26 Dec.
M & N 85 b. 81 Dec. 10713 Jan.
I
113 Apr.
120 Apr.
101 13 Jan.
Range
M &
2d, 7 g
1897
Cairo &Fultou—lst, 7 g.l891 J
CairoArk. (feTexas— 7g .1897 J
Gen. R'y & landgr., 5 e..l931 A
I
May
103
117
67
105
133
111
F &
Shen. Val.— lst,7g.,Tr. rcc.1909
Gen'l 6 g., Tr. rec. a8s't'd.l921
80. Car.— 1st, 6 g.,ex coup. 1920
Income, 6s
1931
iSo. Pac, Ariz.— 6 g
1909-10
80. Pacific, Cal.— 6 g.... 1905-12
1st, consol., gold, 5 g
1938
ISO. Paciflc.N. M.— 6g......]911
iTenn.C. I. &Ry.—Ten.D.,lst,6g
Birm.Dlv.. 6g
1917
Tex. &Pac.— 1st, 5 g
2000
2d, income, 5 g
2000
'Tol. A. A. &N. M.— 6g
1924
Tol.A.A. &Gr. Tr.— 6g. ...1921
Tol. & Ohio Cent.— 5 g.... .1935
,Tol. Peo. & West.— 4 g
1917
Tol. St. L. & Kan.
6 g..l916
Onion Pacific— 6 g
1899
Sinking fund. 88
1893
Collat. trust 412
1918
Apr.
Apr.
lllia Mar.
125 Apr.
10514 Jan.
83 June
55''8
10038 Dec.
& D 103 b.
& O 91%
& San Fr.—6g., CI. A.1906 M & N 108 b.
6g., ClassB
1906 M & N 108 b.
6g., ClassC
1906 M & N 108 b.
General mort., 6 g
1931 J & J 107 b.
P.
M.—
8.
M. &
Dak.Ext.,6g.l910 M &N '116 a,
1st consol., 6 g
1933 J & J 116
Do
reduced to 4ia g
J & J 100 a,
Montana Extension 4 g..l937 J & D 84 a.
San A. & Aran. P.— Ist, 6g.l916 J & J 5712b.
lst,6g
1926 J A J 62
'
1,
LL
(sales) in
Lowest.
St. L.
Sept.
121% June
&
&
&
Rich.&VV.P.Ter.—Tru8t6g 1897 F &
Con. l8t& col. trust, 5g.l9l4 M &
Rio G. Western- Ist, 4 g. 1939 J &
R. W. & Ogd.— Con., 53.... 1922 A &
St. Jos. & Gr. Island— 6 g..l925 M&
St. L. Alt. & T. H.— Ist, 78.1894 J &
2d, pref., 78
1894 F &
May
Jan.
II918 Mar.
Range
Feb.
Feb.
. .
Jan.
May
May
1958
1958
.
Pittsburg ife Western— 4 g. .1917 J
Rich. & Dan v.— Con., 6 g. 1915 J
Consol., 5g
1936 A
Apr.
July
.
I
May
May
I
i
June
112% June
1).
I
391a May
10258 Mar.
128
128
118
99
8912
11312
.
.
Oct,
Jan.
A & O
& J
.
.
841a Jime
100 Jan.
105
89
&
.,
132 May
IO6I2 J'une
IO6I2 Aug.
1231a May
97 Jan.
135 Feb.
12512 May
108 Jan.
Tola Sept.
8818 July
8912 July
89 May
91 May
85% June
M & NlOl b.
& Jil28i2a.
M & 8* 10712b,
M & N 12112b.
& J 125 b,
& A *104
M & 8 *135 a.
& D 10312b.
& 0: 11712a.
& dI 9614
N.Y. Ont. & W.— Ist,6g...l914 M & S llOiab.
Consol. Ist, 5g
1939 J & D' 921a
N. Y. 8u8. & W.— Istref 5 g.l937
& J 92 b.
Midland of N. J.— 6 g
1910
& O IIOI4
Norf. & W.— 100-year, 5 g.l990
& J; 9513
North. Pac— Ist, coup., 6 g.l921
& J115
General, 2d, coup., 6 g. .1933
& o losm).
General, 3d, coup. 6 g. .1937
& D 10312b
Consol mort. 5, g
1989
& D| 79^8
North Pac. & Mon.—6 g...l938 M & 8 100
No. Pacific Ter. Co.— 6 g. .1933 J & J 108 a.
Ohio&Miss.- Cons.B.t-7.1898 J & J 113 b.
Consol., 78
1898 J & J;113 b.
|Ohio Southern— 1st, 6 g....l921 J & d;ioi b.
General mort., 4 g
1921 M & Ni 51
Omaha & St. Louis—4 g. 193' J & J
Oregon Imp. Co.— 1st, 6 g.. 1910
& Di 86%b.
Ore. R. & Nav. Co.— Ist, 6 g.l909
& J, 10712b.
Consol., 5 g
1925
&-D 92%a.
Penn. Co.—4ia g. coupon .1921
& J 106
Peo. Dec. & Evausv.- 6 g..l920
& J 100 b.
EvansvilleDiv.— 6 g
1920 M & Si 94 b.
2d mort., 5 g
1926 M & nI 59
Peoria & East, consol. Is.. 1940 A & O
5
Income, 4s
1990 April. 17%a.
Phlla. & Read.- Gen., 4 g..l958 J & J 78
Ist pref. income, 5g
54
1958 Feb.
99 la June
Feb.
I0214 Mar.
1161a May
Pri^
1903 J
N. Y. Elevated— 7s
1906 J
N. Y. Lack. & W.— 1st, 63.. 1921 J
Construction, 5s
1923 F
N.Y. L.E. & W.— l8t,con.7g.l920
Long Dock, 78
1893 J
Consol., 6g
1935 A
2d consol., 6 g
1969 J
lOHaJune
101
108
113
lu4
1 10
96
121
OS. 1893
coupon., 7s
ds, coup., 1884... 1904
N. Y.
Harlem— 78, reg. . . 1900
N. Y. Chic.
St, L.—4 g. . . .1937
10812 Feb.
120
Central— Extend.,
Deben.
JAN.
since
Penod.\Dec. 19
50^8
1112
M
M &N
Q-M
M
M &N
DEC. 19, and
Highest.
Lotvest.
AtTop.&S.F.— lOO-yr. 4 g.l989 J & J 8018
1989
100-year income 5 g
Ata. & Pac— W. D. Inc., 6s. 1910
1937
G uaranteed, 4 g
Brooklyn Elevated l8t6, g.l924
Can. Soutli.— l8t guar., 58.1908
1913
2d, 58
Central of N. J.— Cons. Vs. .1899
1902
Con80l.,78
General mortgage, 5 g...l987
Leh.& W.B.,con.78., a3'8d.l900
1912
do mortgage, 58
Am. Dock & Imp., 5s.... 1921
..1898
Gold
6a.
Central Pacific—
Ches. & Oliio.—Mort. 6 g ..1911
1939
Istconsol. 5g
R.& A.Div.,l8t con.,2-4 g.l989
4..1989
Istcon.
do
g.,
[Vol.
Ask.
5
|
15
7
5
98
122
t
'•
Uuder the rule."
19.
SECURITIES.
B.C. (cont.)— Brown consol.68.1893
1892-1898
Tennessee— 68, old
1912
Comii-omise, 3-4-5 68
1913
New settlement, 68
1913
5s
1913
3s
Vlrgini.a- Or. old
68, consolidated bonds
68, consolidated, 2d series, rects.
68, deferred, trust receipts
Bid.
Ask.
102
621a
70
lOlia 103 >a
95
69
1
-
'
^.
Decuibbb
THE CHRONICLE.
20, 1800. J
GENERAL QUOTATtOVS
w
OuntHtlons In !«nw York rflpnxient th« per cent v»lii«.
Thn follnwlnK »bbrevl»ilon« »re oftoii umxI, tU.: " M."
lor eoMolliiiitml ;
QtiotatUma In
f
8«&
OF* STOCKS AITO BO!n>S.
ptrmtr h»! oCii«r nii'iUtlnnt mr»
sr* rr«|iM'
rr«|iMiUf
••
.
"oodt." for ooDTsrtlbln: ". f., for lukki.
Naw York kr« to Tbundajr from other oltlw, to Ut«
;
" rd,"
(rmnt
g," for Kt\A
k.," for Unil
uiall data*.
I.
:
rur
ni«4«
(utraaMwli
traaMwli "
"•nl.
•»1 ."
pw n wm,
aMarM
faf
aaba«rib«ra wUl e«alkr afliTar kr stTlni notleo otmrnfrror 4lMtavar*4 la tli*a« Qaniatlaaa.
amTBD BTATB*
Bangor, Me.-WMter.Oa. IOCS.
lOS"*
«%,
aoup..Q-M lOS^
46,
4»,
64,
e<,
6«, (HirrenoT,
e«, airreii07,
6«, <1iim>na7,
reK...Q-J 121
00UP...Q-J 122
1801
1907
1907
OurrenoT, 189a
(tiirrenoy, 1896
1897
1898
1899
JAJ
reg
reg....J*J
re*
J&J
B.
1212
«
e«,
1894
M
Var
. .
.
AAO
8s
Br'klyn. N. Y.-Bridge7a, 1034. JAJ
Park
106
100
lUO
Oirrency fiindlne 4«, 1930
Arkan.~6ii.rnn(l.,°9!).Holtor>I.JAJ
7
6«. fund., non-llolfonl
JAJ 160
4
7I.L. R. AKt.B.iiMiie.lOOO.A AO<
4
7a,Me<cphl8Al..R.,1899.A
7i,L.R.P.B.AN.O.,190O.A AOl
4
6a, 1924
Briilgo 5s, 1919
Bridge 4s, 1926
Water 3a, 1005
Buffalo, N.Y.— 7s, 19M-5
Water 58, 1808-9
Water 4b, 1i»04
Water 3>9S, 1908
Water 3a, 1916
104
15
180
10
10
10
10
10
AO
AO
A
RK.
4>ga, 1907
JAJ
Belfast, Me.— 6a, railroad ald.'DB..
104
1006
78,Hls«.0. A R. RiT..l!tOO.A
7a, Ark. (;entralKR.,10OO.A
A.
N.Bmironi-(aoi>'4)-l>ts.l010.A*O4 '
'
N. SruDswhilt, M J.-7«,wat«r, ll»04 110
Vaf lOS
6a. 1906
New Har'a-rark,l4D.e.3a»0a.JAJ »B
New Orleaaa, Liu— PnmlaB Sa
t»4>Jli
Oons. as. 103a,«st. Croaaiaaa.J*J 107V 10)l>a
5«, 1034
JAD 102 103%
N.Y. aijr-7s. 1900
MAM iiaa 1341a
es. 1900
MAM 135
6s, gold. 1001
J*J 136 i"3s"
BS.190B
MAN 137
Birmingham, Ala.-5 v.. 1030 AAO
Boston, Mass.— Water Bs,1006 Var
Water As. (Old. 1000
Var
Water 4s. 1017
Var
Water3>«i, 1017
AAO
109
113
114
r«K...JAJ lie>t
r«v....J*J 130
CBm* " B," 9», 1906
OUaa"0," 4a, 1906
AN.
68,gol<t, IB9(
4s, 1906
3>ts. 1904
«a, 1907
Park, 3>sa, 20-4S
JAJ
JAJ
JAJ
JAJ
JAJ
4
AAO
MAB
8s,
6s,
JAJ
RAA
Wash.— Fnn(l.loan(ConK.)68,K.,'92 lOSH
Fnnd. Ioun(I,o);.;08.K.,1902Var 113
104
Market Btodk, 7«, 1S92
130
Water stock, 7s, 1901
134
do
78,1903
fllO
Florida—Oonsol. gold 68
Georgia
4>««, 1915
JAJ 117
S>18, 1917 to 1036
JAJ
Indiana— Tem'y loan. 3i«8, 1895... § 09
Befundlne, 3'.«b, ISO.'S
§100
jlOO
Btate House, Siflo, 1895
Temporary loan. 38. 1899
4 99
Temporary Int. loan, 38, 1894.... } 99
Temporary Int. loan, 38, 1892... 5 99
Temporary Int. loan, 3a, 1893... 4 99
School fund refunding, 3a, 1909. 4 99
Temporary loan, 38, 1399
) 99
Louisiana— Con sol. 78, 1914. ..JAJ 105
106>«
41*8, i9o6.";;';".'!;";;";";;;;;
JAJ
90
Cook Co. 4>sa, 1900
Weat Chicago 5a. 1999
Lincoln Park 78, 1895
100
South Park Oa, 1899
anolnnatl,0. -7-308, 1902 ...JAJ 128
7a, 1903
V«r 127
68, gold, 1006
MAN I23>g;i24>t
4a, 1005
Var 101>«
119
—
4a, 30-SOe, alnk. fund, 1931.
5s, 30-50S, alnk. fund, 1930.
JAJ 105 H
MAN
112
Harri<burg, Pa.-6s, 1895
JAJ
AAO
A
6S.1919
AAO 120
Worth Dakota bends
Penna.— 58, new,reg.,'92-1902.FAA ibsii
FA A
4B,reg.. 1912
Water
7
7
5
98
6a, special tax,ola8a 1,1898-9AAU
Trust certlflca tea
4s, new, cona , 1910
J
J
120
106
J*jl 101
Texas— 7a,
gold,
JAJ
JAJ
JAJ
1904
Virginia—68, old, 1886-'95...J A J
6e, new bonds, 1866
tfs, consols, 1905. ex-coup
JAJ
JAJ
6a, oonsol., 2d series
68, deferred bonds
JAJ
Do
trust receipts
Tax-rec'vable coups., from cona'la
Do
from 10-40a.
Kew38(Rlddleberger),1932.JAJ
10-408,op.Areg.,3to5,1919.JAJ
Oonsol. coupon,
new
do
non-fundable
Washlneton-SJie. 5-15 years
..
|
42
62
62
63
32
30
20
JlOO
CITV SECL'HITIE!*.
Albany. N.Y.— Is. 1915-1919.MAN S135
MAN 5102
48, 1920 10 1930
Allegheny, Pa.— 6a,ep., '87-97. Var.
Var.
4'«s, coup., 1885-1901
Allegheny Co., 58, cp., 1913. JAJ
48. Court House, 190H, reg..JAJ
3-88, refunded. 1895, reg.. ..JAJ
Atlanta, Ga.— Water 78, 1904. .JAJ
JAJ
68, 1895-6
5e, 1911-15
JAJ
JAJ
1916
4»Ba,
Angnsta, .Me.—68, 1905, Fund .JAJ
J.v.I
Anguata, Oa.— 68, 1905
Baltimore- Sa, bounty, 1893. M A e
MAN
58, water, 1894
68,1900
68, West.
58, 1916
* PrtoB nominal.
80
City, 78, Ion;;
Kan8a.s City,
48,
Mo.— 7s.
1898..
1910
siio"
108
Q-J
MAN
124
48,
4>t8, 1918
58, 1909
ism
125
107
103
Tenn.—6s, 1900
1910
lUO
111
68,1910
7s. Aqueduct, 1905
116
J4kJ
JAJ
A 1932
LoiUs,
Mo.—6s, 1899
JAJ
JAJ
,
AAO*
80
lii"
1»7
llf
101
Tar illO
105
100
98
1905
3-658, 1907...
AAO
St.L.Co.— 6s,1905
ilia
94
Minn.—4s, 1912
St.
4>M,1916
Paul,
103
110
114
1015
103
106
100
118
96
104 >
118
lie
118
118
106
}i'd6"
Oprlnglleld, Mass.—6s, 1905. .AAO
7s, 1903. water loan
131
137
AAO
MAN
8prlngfleld,0.-S8, lOJ?
Toledo, O.— 7-30S, HR., 1900.M A N
Var
1893-94
88,
Var
68,1899
AAO
5s. 1S93-101S
Var.
48, 1913
Topeka, Kan.- Refunding 6a
JAJ
Trenton. N. J. -48. 1911
1S3
128
110 118
106 1108
108
110
100 >* 101
93
94
1
100
AAO
AAO
AAO
JAD
BONIM.
I4AII.I40AD
\lBomtt of comptmUt anuoritd mn
>103
AAO
AAO
PAA
100
i^oioester, Mass.—68, 1893...
5b. 1905
4s, 1905
3<«a. 1905
AAO
.-•
AAO
Slonx aty, Iowa—4 >aa, 1899
Spokane Falls. Wash.—us
JAJ
—
Newark— 4s, 1908
40
79
5a, oons.l909 .U—
Soranton, Pa. -4s. 1893.I010.FAA
MAN
Mobile, Ala. -4-58, f'ded, 1906.JAJ
103 -a Montgomery, Ala. 6s
5s, new....... ....... >•.>•••-•• -*.•
121
Nashville.
1909
1921
1930
90 >« OS
JAJ
San 'Antonlo!'Te'x'.'-^','i909-19JAJ
Milwaukee, Wla.-Wat«r7a,'02.JAJ
107"
MAS
1916
Savannah— Fd
—
4a, 1906-7
lU
:jAJ IIB
Var
1
5s,
Ijawrence, Mass.- Oa, 1900 ...AAO >113i« 115
Water
123 vBT
117
100 Is 104
tot)
110
105
1901
1008. ...»
68,1904.
78 1898
JAJ
JAJ
JAJ §108
iii"
116^
!j
,104
"85"
IOC
lis
4s, 1915
JAD
6s, Consol., 1904 reg
JAJ
Portland,Me.—6s,Ril.Ald.I»07MA8 ni8>*,
JAJ i 98 100
4s, fanded, 1912
Portland. Ore.— Oold 5s.l920.MAN
Portsmouth, N.H.-6a '93,BI1. JAJ 104 106
Poughkeeiiaie. N. Y.— 7b, water loaa |135
Providence, B.I.— 5a,g.,1900.. JAJ llu ii8
119
6s, gold, 1900, water loan.. J A J 118
JAD 10ft >t 10«
4>w, 1899
4s,
100
I.
103 •• 10*
Petersburg, Va.—6s
JAJ
Philadelphia, Pa.-6a,1896.... JAJ
6s, looi-.ve
JAJ
St.
Leavenworth. Kan.— 48, 1914 JAJ
i"od"
Long Island City, N.Y— Water ,7s.
46>i Los Angeles, Cal.— 5s, gold
....i
Var
Louisville, Ky.-7s, 1903
Var
68,1897
MAN
2U-408, 58, 1920
JAJ
48, 1923
Lynchbarg, Va.—Os, 1901-4...JAJ
Lynn, Maa8.-Waterloan,68,'94.JAJ^lOj
MAN '"
58,1905
Maoon, Oa.—6a, 1909
1902.
N.H.--6a,
.JAJ.
25
Manchester,
103
48,1911
Mempbla, Tenn.— Comp. 6s, 1907..
JAJ
Tax DIst., «s, 1913
JAJ
TaxDlst.,68, 1915
Mlddletown, Conn.- 3-65, 1900
1893.JAD
Mlon.-8s,
Minneapolis,
JAJ
7a, 1901
4>9a, 1912-15
103 >» 104 >«
119 121
|109>(
I
99
94
108%
llOa
101
96
m
\ge»eruUy umterUfeaiuol'd wmm.!
|&la.at. Soathem— lst,6s,1908JAJ «119
Debenture 6s, gold, 1906.. .FAA
JAD
Gen'l mort. 6a, 1927
122
80
Alaba na Mldland-lst,6«, 1038...
106
70
76
Ala. N. O. T. Ac. 1st deb. 6s, 1907.
105
68
86
JAD
1907
•iddebent. 6«,
100
96
85
Ala. A VIoksb. -Ujd*. 5s,1031.AAU
110
96
90
1931.AAO
-lakSs,
VIoksb.AMer.
107
77
111
2d, oonaol. 5s
199
138
guar.
4
Oons.
7s,
1906,
Ub'y ASosq.—
ll7>a
Oonsol. mort.,ils,1906, gnar.AAO
i'ii'
lUegb. VaL-Oen. M.,73-10a. JAJ id9'>«
:0i
AAO <125 lii"
1b( mort., 7b, 1910
1054
AAU 84
Iaoome.7a. end.. 1894
102>s
105»ti AUentown Term.-lsts.4a, 19 t9.JAJ
1989.
JAJ "soS 81
F»-new
4s,
Ateh.r. AS.
as
51
New Ineomes, 1989
106
AAU
1807.
lstpt.7B.
a.u.A(%ari.—
117 188
lBt,7s,lW07
AAO 100 106
taeoina, 6s, 1900
97 100
la A Flortda-lst, 6a, 1939. MAM 4 101
lBt.5a.g.,l910.MAN
Atlantlo Oity—
AMD. A Dan.— 1st (. OS. 19 1 7. AAO 7/ 74
AUandoA Pao.-lst4s. 1937..JAJ
84 W.D., gnar.* s.f.6s.l907.M«
AAO yi' 'ii"
W. D. IBOoaas. 1910
Oaitral DiT.. lakda. tS9t..M4Ur
1933.
noa-eamut.,
Ineomea. 6a.
Land gr. Ineomea, earn., 1901.
A Ohio -ta. 1935
c^Kersbarg Br.. 6s. 1919.
taltliuace
Var
Var
New Bedford. B«aas.—es, 1 909.AAOtl34»t 136
too
t In Londop.
Porobaseralao pays aooroed Interest.
.'.JAJ
i
Bayoune
103
105
ij
135
(110
lis
JAJ 109
„..
138
Bochester, N. IT. -7s, Water, 1903
FAA lom
4s, 1913
100
1903
FAA
St. Joseph, M0.-6S,
FAA 93
Ooinp'intae4s.l901
1IOOI9
4s, 11115-17
113
104
100
Md. BR., 1902.... JAJ
48,1920
3>s8, 1928
1903
OS,
4s.
8s,
6s,
4s,
Towns. 3s, 1909
Hoboken, N J.-78. 1892
AAO
Improvement 6s, 1898
JAD
5s, 1901
MAN
do
Hoa8ton,Tex.— 6a
Compromise 58, 1918
Indianapolis, Ind.-"D" 7-3,'99. JAJ 110
68.1897
JAJ
Var
Jersey City— 78, 1905
Water 68, 1907
JAJ §.
Hudson County 58, 1905
MAS
Hudson County Ta, 1894
JAD
Rhode Isl'd— 68, 1893-4, coup. J AJ
3
4
Booth Carolina— 68,Non-funi, 1888
Brown consols, 68, 1893
JtJ 98 103
-•-;•
Blue consols. 4'«s, 1928
JAJt
Tennessee—68, unfunded
JAJi 2*^'
Oompromlse, 3-4-5-68,1912. .JAj; 70 .....
Bettfement, 6a, 1913
Settlement, 58, 1913
Settlement, 38, 1913
6s.
Hartford, Conn.—68, 1897
1916
Uohmond, Va.—6a, 1914
aw
new Imuds. 1892-8.'
Chatham RR
_
Norwiah. 0t-5«. 1007
Omaha, Neb.-Paving 6s, lOOS
Orange, N. J.— 7a, long
Patanon, N. J.— 7s, 1900
Qalncy. Ill.-6a. 1808
Rahway, N. J.-01d7s
New adlnatmenl. 4s.
Beading. Pa. -4s. 1930
LOOS Dallas, Tex.— 58,8t. Imp'm't, 192S.
Maasaobnsetts-Sa.gold, 1891..AAO i'OO
Diytjn, O.— 5s. 1895-1906
6fl, gold, 1894
JAJiJlOS"* 106
111
Denvor.Col.— E>ub. lni.4s,1904.MA8
6^gold, 1897
MAS MOO'S
Mbmesota-Ad). 4>g8,1912. 10-30. §100 103^ Dulutb, Minn.— 4s, 1920
JAJ
Detroit, Mich. —7s, 1894
Mlasoorl- V8yl'morUnWty,'92.JAJ '03
FAA
Fond. 68. 1894-95
6s, W. L., 1906
JAD
JAJ HO
3««8, 1911
Funding 3>s, 5-208, 1906-8 ..JAJ
JAD
Erie, Pa.— Consol. 78, 1894 ....JAJ
few Hampshire— 58,1892
JAJ
Elizabeth, N. J.— New l.s.1922 JAJ
War loan, 6a, 1894
JAJ
EvansvlUe, lnd.,couiprom. 48,1912
War loan, 6s, 1905
JAJ 107
Fltohburg, Mass.— 6».91,W.L. .JAJ
York— i». gold, 1893
AAO
Galveston, Tex.-8s,1893-1909.MAS
»O.OBroUna— 68,old, 1886-'98.J&J
6s, 1920
JAD
6» N. C. RR., 1883-5
JAJ
Gr'nd Rapids. Mich. -5s, 1904. JAJ
66
do
7 coupons off ...AAO
15
Water, 88, 1395
JAD
6a, fandtnifactof 1866 1900.JAJ
68,
68,
WaUr, 1901
3>*«, gold.
Hamilton Coanty 4a...
O.— 7s, 1894
AAO
68, 1900
MAS
58, 1907
JAD
Funded debt 4s, April, 1902. JAJ
Columbus, Oa.— 78
Var
Cleveland,
Stamped* percent, 1914. ...JAJ 93^ 94
58
Columbus, O., 4a, 1910
Maine— New 38. 1890-1929. ...JAD ^102
AAO
10&
Maryland- 38, gold, 1900
Covington. Ky.— 4a, 1927, new. JAJ
JAJ,
1031*
8-658, 1899
5a, 1920
FAA
JAJ
_
PItUburg. Pa.-5s. 1013
7s, 1912
100
3-658,1902
140
_
MAM 101
AAO 103
MAN^ 93
^^
Var 115
MAN 124
AAO
AAO 10
Norfolk. Va.-0s, 1014.
Cambridge, Xaas.-Water6s,'06.JAJ
112
City 68, 1904
L'TOneptlo't-Now,r(t.,3'<s,1903.JAJi4102
125
JAJ
'"'
MOO
New, res. or poiiii., 3», 1910
Water
S"**,
1911
100
Var
i"'
DUt.(;ol.— Ck>n^.3-«Ss,1924,ap.FAAi 1171* 122<< Oamden, N. J.— 78. 1903
JAJ
Charleston, 8.C.—Conv.7s, "97. AAO 105
FIUldlnK.^8. 1899
JAJ 106
Conv. 4a, 1909
Perm. Imp. 6b, Kuar., 1891 ..JAJ 103
JAJ 83
Perm. Imp. 78. 1891
ChloM(Oi 111.-78, 1899
106 «
JAJ 103
Ol
Orrr Baoomrnaa.
AtfL
JAJ
JAJ
Bath, .Me.— 6s, 1002
MTATB SKOVRITIB^.
AUiwmk—ClaH"A,"4 toS,
BM.
orrr Bbodbitib*.
Ask.
Bid.
BOKIia.
UNITRD MTATKS BONDS.
4%», 1891
r«>K..Q— M
9s gold, lOiS
avaBoL«ol't.Sa;1984...
I
1 Ooopoos on slaoe 1868.
. .
.
. .
PAA
IM
FF
J
THE CHRONICLK
866
[Vou LI
GENERAL QUOTATIONS OF STOCKS AND BONDS— Continukd.
For Explanations See Notes at Head of First Paqce of <taotatlons.
RAII.ROAO Bonds.
Bid.
OUl(>-( ou'inuert)—
flohuylliillRtv. East Side -is. 1935
Baltimore
Bailroad Bonds.
Ask.
caiic.
(St
toil*
Mon.Riv-EK..,l8t58.g.l919F&A
MAS lelOS
68, 1895
MAS el 14
68, g., 1902
el 18
1910
M&N
g.,
68,
5b, 1927
J&D el 03
A&O el04
i'ss, 1933
Bterlln?,
Bterllng,
Bterllnp,
Bterllng,
Sterling,
103
107
11«
120
105
106
Equ.Xr.ser. B,I891 to 1900-M&N
Balt.A b. 9.W-—Cin. A Bait. 78,1900
New 4 1-38, guar., 1990
J&J
95
64
let pref. iucomeSa
do
2d &o
do
3d do
Balt.&Pot'o— l8t, 68.g.,19HA&0
iBt, tnnnel, 68. g., g'd, 1911. J&J
Si's
77>s
liupri'Tfmeui4B, IH05
Do
B08t.
48,
*
J&J
Lynn— 68.'97. -J&J
& K.— let, 68, 1932
BnuU.Eld.& Caba— lst.6a,1932J&J
Brooklyn EIb.— Int. 6a, 1924. .AaO
Sdmortg.Ss, 1915
J&J
Union Ji.1.— l8t. tie, 1937
M&N
Bransw. & W.— l8t,48, g ,1938.J&J
Unft. Brad.& P.— Gen.M.78,'96.J&J
Bnfl.N.Y.&Erie— l8t.78. 1916.JAr>
Buff.Kooli. & Pittab.- Gen.58, 1937
Kocl). &P., I8t,68, 1921.. ..F&A
Consol., letea, 1922
J&D
Baa.& Soutbweat.—68, 1908. .J.&J
Bnrl. C. K. A N.— l8t.58,1906.J&D
102
130
117
190
90
84
Con8.1et &col. tr., 58,1934. .A&O
Mlnn.&et L.l6t78,g'd,19-7.J&D
Iowa C. & W., let, Vs, 1909 MAS
Eap.l.F.4 N.,l8t,68,1920.A&0
a
do
let, 58, 1921
A&O
OftlUor.Pao.— l8tM.,4is8,1912J&J 105
SdM..68, g.,endC. Fao., '91. J&J 100
8d M. (guar. C. P.), 68, 1905. JAJ 106
do
60
do
38, 1905. JAJ
Ounden A Atl.—l8t,78, g.,'93..JAJ
OoLsol. 6a, 1911
JAJ
Camden & Burl. Co., 6a, 1897.F&A 112
Canada 8o.— let58,guar.,1908,J&J 105
2dmort., 58, 1913
MAS
0»pe F. AYad.V.,lat.6a,8or.A,1916 ICO
lBt68, ser.B, 1916
J.AJ. 100
letea, eeriea C.
j&j 100
Cape Glrard.
8.
W.ccn.6B.1908MA8
Carolina Cent.— l8t,68,g.>lS20. JAJ
Oatawlpaa-Mort., 7a, 1900.. ..FAA
OedarF. AMin.— lat, 78, 1907. JAJ
Cent, of Ga.- let.con8.,7s,'93.JAJ
CoUat'l truat 5e, 1937
M&N
Bav.A Weat., let. guar.. 1929 M&8
Cent, of N. J.— lat cons. 78,'99.Q-J
Convert, mort, 7b, 1902. ...M&N
Conveit. debcnt. 68, 1S08..MAN
90
i
79
104
90
ll»>a
118
Gen. mort., 5b, 1987
JAJ 107
Leh.AWU.- CoB.78,g.,1900,aBe.Q 109
Mortgage
58,
MAN
1012
Am. Dk.AImp. Co., 58,1921. JAJ
Central Oblo—
Cobs, lat, 4i£8, 1930
MAS
Cent. Pao.— Ist, 6e, gold, 1895.JAJ
106
1896
JAJ
1897
JAJ
1898
JA.)
BJoaquIn, latM.,6a,g.l900.A&0
Oal.A Or.- SeritBA.o g., 1918. J&J
112
113
110>s
l8t, 68, gold,
1st, 6e, gold,
l«l. 68, gold,
8erie8B..68, *. '92
Mort., gold, 58, 1939
Land g.Ds.g., 1900
West, racif., let, 68,
114is
106
)U3
J&J
A&O
A&O
g., '99..
98
J&J 107
Central of Bo. Car. let e8,1921.J&J
Cb«rlea.Cin.& C.letg.58,1947.Q—
Cbarl'te Col.&A.— Con8.,78,'95.J&J
2dmort.,
78,
1910
1933
Consol., gold, 6e,
Ohartiere-let,76, 1901
107
A&O
JAJ
AAO
112>i
lOSJs
lao"*
Cbea-AOhlo.— Pur.money fd.,66'98
Beries A, 68, 1908
....AAO 112
Mortgage 68, 1911
AAO 110
O.AO. Ky, l8t58, 1939
M&N 91^
lat Coueol. R.
& A.2-4.1989. J&J
65<>i
do
do
48, 1989. ..J&J
2d Coneol. R. A A. 3-4. 1989. JAJ
cues. O. A S.W.— M.6s, 1911. .FAA 104
2d mort., 68, 1911
FAA 75
Cbeslilre- 6s, 1896-98
JAJ 1041$
48,1910
J&J 5
Chlo. A Alton— let M.,78. '93.. JAJ lOti^s
Bterllng mort., 68,
g., 1903. .JAJ ell7
BluKUig lUiiU, OS, H; 1903. ..MAN 1191s
I,0Di"'aA M0.K..1 ><t.78.]90(>FAA 115
do
2d, 78, 1900 MAN
Bt.L.J acka'v.
A C.
.
ist,7s,'94.
AAO
do let guar. (564) ,78,'94AAO
do 2(1 M. (360). 7a, '98. .JAJ
do 2dguar. (188)7b,'98.JAJ
MlBs.Kiv .i>jLiagu,
104
XHl., 8.1. ,(,8,1911
QUO.* Atlantic— 1st, 68,1920.MAN
2d, 6e, 1023
FAA
Oblo. burl.A Nor.— 5b, 1926. .A&O
?d. fB. 1918
JAD
Debent. 68, 1896
i!;<|U.|imeiii 7h. lyo3
* Fzi«t noaiati,
§
JAD
FAA
J&J
A&O
i
94%
95
.1(10
94
88
Clev.Coi.Cin.AIn— lat78,'99.MAN
113
lOihi Cle. APitt8.-Con.8.f.,78,1900.MAN
4th Mort., 68,1892
1141s
J&.l
106
Colorado Mid.— lat, 68, 1936.. J&D
gllfl 83
Consol. gold,4B
1940
Neb. BR,
Om. A
let, 78,
1896
W., lat, 8e, 1896.JAD
Ott. Oaw. A Fox B., 88, 1900. JAJ
8.
105
112
118
107
115
.
dm
C—
,
—
i
1
Ask.
97%
97%
981*
Plij
90
Consol. mort., 7s, 1914
J&D 120
Cons. 8. F., 7b, 1911
JAJ C124
Gen. con. Os, 1934
.TAJ lis
Belief. A Ind. M., 7b, 1899...J&.1 112
Cleve. A Mah.Val.— G. 5e. ISiSrtJ&J 106
Convert, deb. 58, 1F03
Bur. & Mo. R., I'd M., 7a.'93.A&0 101
Bnr.&Mo.(Neb.),l8t,6.s,1918.J&J jll4
Cona, 68, non-ex., 1918
J&J {105
1910
\
ACanton-lst, 58. 1917.JAJ
C.CO.&St.L.-C. Div., 4s, 1H39JAJ
Cleve.
C—
t'&A
I9i«
100
97 1« '99"
I
Providence— 78, 1893.J&J
Boat. Revere A
Bradford Bord.
48. plain bonds, 1921
Neb. Ext., 4e, 1927
Plain, 78, 1896
Bonds, 5b. 1 89.T
Bid.
Clev.Akron A Col.— let,6s,1926JAJ
Gen. M., g., 5b. 1927
MAS
Equip tr. A 2d M., 10-t08...FAA
120
103
117
128
...•.
124
105
71
Columbia A Gr.— lat, 6b, 1916. JAJ 103
2d mort., 63. 1923
A&O 80 86
1181s Col. A C.Mld.— let,4'46, 1939. .JAJ
89
90
Atoh'n A Neb.— lat, 7a, 1908 MAS 1231s 125
Colum. Hock. V. A T .— Con.58,1931
79
80
1021*
Repab. Val.. lat, 68, 1919. ..J&J
Gen. 68 gold, 1904
JAD 781s
112
1C9
Chic. A East 111.— Ist mort. 68, 1907 111
Col.AHock.V.— l8tM.,78,'97.AAO M06 110
115
do
1st, eon., 6a, gold, 1934 .... AAO 110
2dM., 7s, 1892.JA.T §102
lOlij
Gen. con., lat, 58, 1937
115
MAN 94
Col. AToledo— l8t7s.l905..FAA 5110
98
108
lat
58, 193(5.. JAJ
Oh. A L Coal B'y,
do
2d mort., 1900. M&b 5100
107
110
112
Caiio. & Gr. Trunk— lat, 63., 1900.. 105
OhloAVr.Vft.,lst,8.f.,78,lJ»i0MAN 5IO8
101
iCol.Sbaw. A Hk.-lst 5.'i,1940. J&J
Cbio. Mil. A St. Paul—
88
105
M.ASt.P.lst, 8a, P.D.,1898. F&A
Col.Springf .A
let. 7a.l 901.M&.103
Col. & Westtrp, 1st, 68, 1911. ..J&J
P. D., 2d M.,7 3-10e, 1898..FAA 114
104 »s
E.D., Ist, $, gold, 7e, 1902 ..JAJ 120
Concord A Montreal—
103
Bo3t.Cono.& Mon.— r!on8.78,1893 §1031$ 1041s
La. C, Ist M., 78,1893
JAJ
105
109
Consol. mort., 69, 1893
I. & M., 1st M., 78,1897
JAJ
A&O $102 1C3
105
Impiovement 68, 1911
I'a. A Dak., lat M., 78, 1899. JAJ 113
lAJ S108 110
104
Conn. APaseump.— M.,78,'93.A&0 Jl02is 104
Chlo. A MU., lat M.,7a, 1903.JAJ 12ois
111
Consol.. 78, 1905
Connecting (Phlla.)— 1st, 68 ..M&S U8I4
JAJ 120%
Coneol. BR.of Vt., let, 5s, 1913.J&J 5 84i< 84ifl
lat M., I. A D. Ext., 78, 1908JAJ 121
H2I2 Cor. & Macon-lst 6 g.l915..MAS
let M.,68, S'tUwest Div.l909J&J 111
108
Dayton &Mieh.— Con. 5e,191l.J&J il04 105 iji
lat M., 5a. La C. A Dav.l919JAJ
88
Dayton & Union— 1st, 78, 19('9J&D
80. Minn, lat 6a,1910
JAJ 112 113
106
Hast. ADak.Ex.l8t,7s,1910.J&J 120 123
Dayt. & West.- l8tM.,68, 1905.J&J (112 114
74
do
lat mort., 7s, 1905
58, 1910
1231a
J&J 100 102
JAJ
Cble. & Pao. Div. 6a, 1910 .. .JAJ ll3i«
Delaware— Mort., 68,guar.,'95- JAJ
do Weet. Div., 56,1921. JAJ 103 ij ios" Del.A Bound B'k— 1st, 7s,1905FAA ISO's
97 >«
S7
Chic. A Mo. Riv. 58, 1926. ...JAJ
Del. A Hud.- Ist.reg. 7s, 1891.J&J IO318 1033^
100
Mineral Pt. Div., 58, 1910... JAJ
lat, Exten., 78,1 891
MAN 100 "6
lYdJj
Chic. A L. Sup. Div., 58, 1921JAJ 110
Coupon 7s, 1891
AAO 108 iYoii
141
Wia. AMinn.Div.,58, 1921. ..JAJ
let. M., Pa.Div.,78, 191....7M&S
9iii
Terminal Ss, g., 1914
Del.
Lack.
Western.JAJ
&
Dubuque Div., Ist. 6e, 1920.JAJ siog 110
Convert. 78, 1892
J&D 102 104i«
Wis. Val. Div., let, 68, 1920. JAJ 5103
Mort. 78. 1907
1031s
M&8
Fargo ASouth.- 68.a?8.1924.JAJ
Den. City Cable 1st 6s, 1908. .J&J
98
oonv.
F.
Den.
Inc.
8.
58, 1916
& B. G — lat con. 4a, 1936. J&J 79
J&J
I8t78, gold, 1900
Dak. A Gt. 80. 58, 1916
M&N 113>»
J&J
108 >s
88
Impr., g., 58, 1928
Gen. g. 48. ser. A., 1989
JAJ
J&D 77
81%
Ch. & No. Pao. cou. 5g.l940.A&O
DesM. & F.D.— Guar. 4s,1905.J&.l 75
."JO
55
ii'd"' (Jhlcago A Northwest.let mort., guar., 2iss, 1905 J&J
75
lat M., on Ext., guar. 4e,1905J&J
Con. 7s, 1915
Q— 130
124
94
Det. B. C. & Alp..l8t,6e,l9l3. J&J
Consol., gold, 78, cp., 1902.. JAD
Det.G.Haven&Mil.—Equlp.68,191!- ell 2 115
Sinking fund, 6a, 1929
AAO I1318
do
58,1929
A&O ell3 116
AAO 1031s lOSH Con. M., guar. 6s, 1918
105
Det. L. A North.- Ist, 7s, 1907. J&J 102% 103
debent., 5s,1933.MAN 104
do
1011*
95
Gr.Eap.L.& D., let,58,1927.M&8
25-yr8. deb. 5s, 1909
MAN
28
Det. Mack.A M.— Ld. gr. 3isa, 8. A.
106
281a
Exten. bde. 48, 1926
F&A 15 961s
103
Dub.AS. City— l8t,2dDiv..'94.JAJ
Eacan.&L.Sup., let, 68, 1901.J&J 106
103
Duluth&IrouR.- l8t,53,193?.AAO "95"
Dee M.AMinn'a,let,78,1907.FAA
Duluth 8. 8h. A Atl.— 5s,1937,JA J
911s
Iowa Mid., Ist M., 8e, 1900. AAO
97>i
Dunk. A. V.A P.— l8t,78,g..l900JAD 110
Peninsula, lat, oonv., 78,'98. MAS
118
Chic. A Mil.,latM., 7s, '98..JAJ 112
E.Tenn.Va.AGa.— lst,78,1900.JAJ 111
Divisional, 58, 1930
JAJ 102
WlnonaASt.Pet.- 2d7a,1907MAN 115
1V6
MAN 100 101
let extension, 7 g., 1916
Consol. 5e, g., 1956
JAD 122
JAD
Mil. A Mad., let, 68, 1905. ...MAS 112
iBtExt., gold, 58, 1937
"96"'
90
Ott. C. F. A St. P., 58, 1909. .MAS 104
Equip. A imp., g., .58, 1938. .MAS e 88
115 •'e
North. Ilia., lat, 58. 1910.. ..MAS 104
innati Ext. — 5s., g,1910FAA 5 851s
Madison Ext., Ist, 78, 1911. A&O 130
Mobile A Blrm.,lst, 5s,1937.JAJ
105
Menominee Ext.,l8t,78,1911J&D 130
Knoxv. & Ohio,lst, 6s, l925.J<fcJ
108
Nortbwest.Un., lBt,7B, 1917. M&8 132
JAJ
Ala. Cent., 1st, 68, 1918
Chic. &Tomah.— lst,68,'05.MAN el08
110
East. A W. By., Ala. -Ist, 68, 1926
95*
Oedar B. A Mo.— Ist, 78, '91. FAA
Ea8tem,Ma88.— 6a, g.,1906. .MAS 1231s 124
111
let mort., 7e, 1916
Easton A Aml)oy-M.,5s,1920MAN
MAN
90
2d mort., 7e, 1909, guar... J&D
Elizab.l*x.& Big S.— 6s, 1902. MAa
121
8. C.& Pac, 1st, 6e, 1898. .JAJ
ElmiraAW'mept— lat 6s,1910.JAJ
A&O lOJ
Frem. Elk.A Mo.V.— 68.1933AA0
56, 2ti62
lis"
do
do
Unstamped..
Erie A Pitts.- Con. M., 7a, '98. JAJ 110
lOS
AAO
ChlcPeo.ASt.L.— l8t5s,1928..M&8 97
97% Equipment, 78, 1900..
Utch'ld C.A W., lst.6s,1916.J&J
Evans.&lnd.— lst,guar.,g.,68,1924 105
JAJ
Louisville A St. L.. Ss, 1927.AAO
Ist, con., 1926
Chic.B.I.&Pac.— 68,19l7,ooup J&J 124 1«
Evans.A T.H.,l8t con.,68,1921,J&J iis' 117
108
Clilcago A Southwestern
tll2'8
Mt.Veruon— let, 6s, g.,1923AAO
Exten. A col. 5s, 1934
Evans. & Eich.— I8t5 g. 1928. MAS
JAJ 9i^
100
Chlc.St. L. &P.— Con.5s,1932.A&0
Evansv.T.H.AChl.- Ist, 68, g.l9uO &t04 lb a
JAJ 5102 106
Chic. & Gt. East., Ist, 78, 93-'95.
2d, 6», gold, 1900
C0I.& Ind. C, 1st M., 7e, 1904. JAJ
119
Fitchburg— 5s, 1899-1903.... Var. 101 103
105 107
MAN
do
117
2d M.7e,1904.MAN
58,1908
110
AAO 107 107 1«
Un.A Logansp.,lst,7e, 1905.A&O
68, 1897
Sl07
lu8
AAO
Chi.8t.P.AK.C.— Pr'ty5e,193<!.J&J
7s, 1894
llOit
MAS 5100 101
1st, g, 5s, 1936
83
4188, 1897
J&J
Ojif
97
AAO
^
Minn. A N.W. Ist, 5s. 1934.. J&J.
86
4e, 1907
COilc.St.P.Min.AOm.- Cou. 68, 1930
Bost.H.T. A West., deb. 5s, 1913.
116
120
Oh.St.P.A Minn. lst,68,1918M&N
V22
Flint A P. Marq.— M. 68,1920.AAO
MAN 99
LI4
St. Paul&S.City, l8t6s,1919.A&0
Ist, con., gol(l, 5s. 1939
1201s
100
95ie Chic.& W.Ind.—S.fd. 6e, 1919 M&Nj
Port Huron Div. 5b, 19d9
100
Goneralmort., 68, 1932
Fhi.O. A Pen.— l8t,g.,5»,1918.JAJ
Q— Ml
99
lat, 68, 1921
Ft. Worth A Denv.
821s Chi. &W.Mich.-Gen.58, 1921.J&D J 901s 91
68
Cin. Georg. & Porte.— 6s, 1901 A&0|
971s Gal.Har.ASanAnt.- l8t,63,g. 1910.
JAD 901s 91
108
107
2d mort.. 7s, 1905
Cln. Ham. & Day.— Consol. 5eAA.O iU5
MAN 93
78
Coueol. B. F., 7s, 1905
West. Uiv. let, 58, 1931
AAO 1I21
6i
106
Consol. mort, 6s, 1905
AAO
1121s Gal.Hous.A Hen.— l8t,5e,1913AAO
JAJ 105 112
94
Georgia— 68, 1910
2d mort., gold, 4138. 1937. JAJ
Cln. H. A I., 1st M., 7s, 1903.J AJ
119
Georgia Pacillc— let, 6a, 1922. JAJ 108% 10914
1071a
67
120
96
Con. 2d mort., 5e, g 1923. ..AAO
C.I.St. L.AC— letg. 48, 1936,Q—
IS
10
112>»
Cou. iucMjme, 5s, g., 1923 ..A&O
Con. 68. 1920
119
Cin.&Indianap., lst.,7s, '92 JAD:
102 Is aa.Carol.&No.—l8t,58,g., 1929. JAJ 102% 103
95!*
98
102
Ga. 80. ,« Fla.- Ist 6e, g, 1927. J&J
2d M.. 7s, 1892
JA.1
117
Indlanap. C. AL., 78, 1897. .FAA
(ir.Rap. A Ind.— let, l.g., g'd, 7a, g. &113
113
Cln. Laf.AC— lst,78,g.l901.MA8
lat M.,7s, l.g., goid,nol guar. AAO lllO
1141s
$105
Cin.Jack.AMac.-let,5»,1936. JAD
65
Ex land grant, Ist 7s, '99
89
MAS
Cin. Leb. A Nor.— iBt, 5e, 1916J&.I
General 5e, 1924
102 Is
Muskegon Div. C 8, 1926. ..JAJ.. elOJ 102
Cln.Bich. AOhlc— Ist, 78, '95. JAJ 6108"
80 100
Cln. Blch. A F. W.— lst,7s,1921J AU JllO
114>i Qr. Bay Win. A St.P.— let, 66, 1911
34
18
IOOI4
Clnn.8aud.A Clev.— 6s, 1900. -F&A 5 100
2d, incomes, 1911, 2d sub. pd
114^8
98
Consol. mort., 56, 1928
J&J 105 1051s H»n.ASt.Jo.-Con. 68, 1911. .MAS
95
Cln. ASp.— 78, C.C.C. A I 1901. AAO 110
Kan. C. A Cam., 10s, 1892 J&J
95 14
Harrl8b'gP.,Ac.,l8t.,48,lal3.JAJ 104
78, guar., L.8.&M.8., 1902. .AAO 110
100
Clearr. A Jert.— l8t.6s. 1927 .JAJ lilt
117
H»rt. A Conn. Wiwt.- .58.1903.J&J
84^1
F&A
48,1937
122ij 123
AAO 1001*
AAO 9213
FAA 87
871s
Slis
MAS 81
MAN f4 8oij
JAJ 61001« 107
JAD ^100 100 14
MAS 99% 100
Iowa Div. 8. F.58. 1919
Iowa Div.. 48, 1919
Denver DlT., 48, 1922
48, (Neb.),
120
BeeoDCreelc— l8t,g'm.48.1936,J&J
BelTldere Del.— l8t,68,o.,1902.J&I!
C)ons.4», 1927
F&A
Boston & Albany— 78, 1892.. .F&A
68,1895
J&J
Bou.coD.tVMuiit.- Iijeei on.&MoDt.
Bnshro * l-owell- 7b, 1892. ..A&f
Ok, 1896
J&J
J&J
5*, 1899
«B, laua-n- /
Var
M&rc
4>«8, 1903
Boston & Maine—7b, 1893
J&J
78, 1894
J&J
AAO
MAN
58. ainklng fund, 1901
58, debenture, 1913
Bailkoad Bonds.
Ask.
Bid.
B.AQ.— Cons.. 78, 1903. .JAJ
TwKbaatr aUo pays aoorued
.
. ,
interest,
e
In iKnidon.
||
Coupon o£
t
In Amsterdam,
t
In Frankforu
M
J
\
Dkckmub
CHUONICLK
'rHB
80, 1800.]
8b7
OKrJBRA.L QU0TATI0M3 OB* SrOOKS ASD BOMDd-OoxnwoM.
Wot spURatlona •• !l0tM «( O/tmA or 9tnt r«|a or Qiii>tailo«a.
RAILBOAD BOKMk
main
W
8en.
Tr ...rcc.AAO 100
74
niort. (in. 1025, Tr. iTo.AAO
Hnni.Allr. Tc>|i-liit,4«. 1920. AAO 100
Oonii. 3il M. ."in, 1896
A40 98
nUnol* ('(Ml.- tnt.KOld.'t 11,1951. J*J lOS
3>«(i,
gold,
19.M
J*J ta
S/1,
10i;i,
AAO
ol. ir.. Hold. 411,1952
Spriiiittli'l I I>iv.,(lii. IR98.
.JAJ
Ulv. rnt. nn. 1921. .. F&A lis
BterllnK, 8. F., 5», g., 1903. .AAO «104
BUtrllniC, Ken. llr..^t,R., 1895. AAO e!05
Uddle
1905
J AD « 107
Ohio 8t.AN.O.-T.rn,7«,'97.MAM
lit 0OD.7K. 1897
2d, en, 1907
JAIJ
Sterling. 6».
J4D
Sa, 1951, ((Old
Modi. DIv.. 1st
tnd. V.
2dui
A
4ii, g.,
196IJAD
W.-Uol.l, 5s,1947... AAO
Inc.
5ii,
RAIUWAD
Bid.
Hoin«t(>nlr-C..ii«. (in. 10:17 MAN'
Ho'nl.K.VW. Tin. l»t.7n,'i)9.M.VN
H.A Tkx.Cimi-I-iI Tn.Tr. n'0..1»l»l 108
W»Bt.I)lT., l«t, 7«,Tr.n'C.'l»l.lAJ 109
Waoo.t N.W..l(it,7ii,«.,190l.J4J 110
JAJ
194H
Ind. r>oo.*8i).— lRt,7ii,19O«.A*0
Ind'pollRit Ht.L— liit,7s,1919.Var. {114
I.onUvillii
120
(5«nt.— iBt
K.,.")S,
Jefferson— l8t 58, K. Erie,l»uit.A,10
Jfefl.Mad.AInd.— l8t,7a,190e.AAO
Sdmort.,7», 1910
.lAJ
K«naw. AMlcli., I8t4 g.. 1990.JAJ
KanaaAC. Bi-U, l«t, 68, IBKi. JAJ
Kan. C. nrld^o A Term., Ist M.JA.I
Kan. O. Clinton A
8i>r.
— l6t,58,1925
lo;
120
71
Hi4
A De Soto,
.
2d:
mort
."8.
Consol. 4s, 1911
1st con. Inc. 38, 1939
2d eon. Inc. 3», 1939
88
120
HexloanNat.—
Consol. 5s, 1902
I14l«
I'iO
j
108 III
101
101
"so'i
JAJ
Mich. DIT., Ist, 6b, 1924
Ashland DIr., 1st Os, 1925. .MAS
93>t
99"
109
68,
Lake E.A West.— lar.e.,5s,1937JAJ 105 >9'
Lake ahore A Mich. Be108
en, P. AAah.,new7s, 1892. .AAO 105
Dif.Tred
Mil.
JAD
1913
Mlnn'p. A St. L.— 1st, 7s, 1927. J AD
1st M., Iowa aty* W., 1909. J AD
JAJ
2d mort., 7s,1891
71
8outbwe8t.Ext.,lst,7a,igiO.JAD
90
Pacific Ext., Ist, 68, 1921.. AAO
115
Bnff. A E., new bd8,M.,7a.'98. A AO 113
JAJ
Imp. A Equip. 68, 1922
e
1936.
JAJ »0
Det.Mon.A Tol.,l8t,78,1906.FAA
Mlnn'p. A Pan., Ist, 58.
Dividend bonds, 78, 1899. ..AAO 116 1171» Minn. 8. Ste. M. A Atl.-lst.58,1926 6t
>«
123>4
123
X.ake Shore, cons., op. ,lBt, 78. JAJ
Mo.Kaa.AT.-l8t, g., 4a,I990.JAD 72 »8
FAA 37
do eons., op., 2d,7e, 1»03..JAD 119 120
2d, g. 48, 19H0
Mahon. Co»l KK.l8t,58,1934.J.!£j 105
Kans. C. A Pao. Ist »b. g. FAA
Lehigh AH. R. co-i. 03, 1920.. JAJ
Mo. Pac.—Consol. 6s, 1920... MAN 104
MAN 113
i^hign Val.— l8t, 68, 1898.... JAD idi"
3d mortgage, 78,1906
105
MAS
Con. M., sterling, 6 g., 189" JAD elOJ
Trust gold. Is, 1917
FAA 7d>8
MAS
Sd mort., 78, 1910
Col. trust, 5s, 1920
lZti>s
FAA
JAD
Lexington Div.. 5, 1920
Con. M., 68, g., 1923 reg
90
I.ch.V.Ry,lH 4'ai, g., 1940,rec.gn. 1021*
Pac.of Mo.,lBtex.g.48,1938.FAA
98
JAJ
Utchf. Car. A West, Istg. 68.'16J AJ
2d 7s, 1891
100
Ver'sVy.Iud. AW. IstSs. 1928MA8
Lb Miami— Renewal 58,1912.. MAN 112
95 "95'4
L. BocK A it.8.— l8t, 78, 1905. .JAJ
Leroy A C. Val., l8t,5s,1926.JAJ
Little R. A
69
Mem.-lst,58,1937.MA8 65
liOng Island- Ist M., 78, 1898.MAN 114>< 117
Q— 111 112
1st oonsol. 58, 1931
91
JAD
Gen. M. 4s, 1938
N,Y.AK'yB'cli,l8tg.5s,1927.MA8
40
S
2d mort. inc., 1927
N.Y.A Man. Beach, l8t78,'97,JAJ 101
N. Y. B. A M. B..l8t con. 5e, 1935
Brook. A Mon., 1st 68, 1911. MAS
MAS
Ist 5s, 1911
JAD
2d, 5e, 1938
8mlth.AFt.Jeff.,l8t.78,1901MAS 103
L.
I.
City
A Flu.
Ist 6«,191
1
IW*
JAD
mort., 6s, 1930
tion'v.C.A Lex.— lst,7s,'97 ..JAJ 5IO9
AAO }119
2d mort,, 7s, 1907
Hem. A 0.,8tl., M.,7b, g.,1901JAli «U4
II.4Cnarksv..st'g,68,g..l902 FAA 112
Qenl
Fensacola Dlv.,l8t,68,1920..MAS 107
Bt. Louis Dlv.. 1st, 68, 1921 .MAS 112
2d.,38„1980.MA8 55
do
Rash. A Deo., Ist 7s, 1900... JAJ 114
«Jo.<tNo.Ala., 8. F. 68,1903MAN el09
MAN 100
Ten-rorty 68. 1924
MAN 99
60-Te»r gold, 58, 1937
Pensa. A Atl.— lst,6B,gu,'21.FAA 100
MAN
Col. tr., gold. .5s, 1931
8. A N. Al. 8. f. 6s, 1910. ...AAO el08
.FAA
1936.
5s.
B.A.V. Al. Consol.
95"
Na9h.F.AW.lstgd.g.5s,l937.FAA
108
104
80
100
86
112
106
111
116'
120
118
114
.
L'SAN.A.AChlc—
nominal.
A
O-J
Morg'n'sLa.ATex.,l8t,68,1920JAJ
AAO
1st mort., 78, 1918
Morris A Essex— 1st, 78, 1914 MAN
FAA
2dmort, 78, 1891
JAJ
Conv. bonds, 78, 1900
AAO
General mort., 78, 1901
JAD
Consol. mort., 78, 1915
Nashua A Lowell-68, g., '93. FAA
61
Sa,IS08
<I0A
70H
35
105
102
111
ioT
101
loa
23%
4
!>•
HAW
A
Boston 7s, 1<>99.JAJ
N.T.B.AW.-Iat refnd.,Ss.l937.JAJ
2dmort., 4>«s. 19T7
FAA
Oen. m. 5*. g. 1910
... FAA
Mldl'd of N. J.-lst.aa,l910.AA<
N. Y.. ProT.
I.
i»'
t>l>(
•i"
70
•0
111
OS
Hewb'g Dutoh.A Oonn.— lne«.tB77
Norf. A West.—Gen., 6«, 1081. MAM US
New RIvrr 1st 6a, 1032
AAO 111
IK 2 Is
Impr. A Ext<^n., 6a. 1084.. ..FAA
107
AdJuitmout 7a, 1924
Q-—
lu8<t
117>«
Equiument, Sa, 1006
JtD 92 If
Clinch V. D., iBt
Debentnre
Bs,
B^
1037... .MAS
MAS
190S
MorT k A Pat«rsb., 2d, 8a, "OS JAJ
.
1900 100
do
2dM.,azt.5-6a ...1900 ItO
do
3d H.. 6a, '96-1900.JAJ 11)0
Ya.A Tenn., 4th M.,8a, 1900.JAJ liO
extended Sa,1900JAJ KO
do
100-]rear mart. Ss, 1090
JAJ 00
MAN 100
North. Pao. Coast l8t6«
North Penn.— lst,7s, 1896.. ..MAN 111%
JAJ 124
Gen. mort., 7s, 1903
MAB 11S>|
Debenture 68, 1905
Bo. Side, Va..ezt. &-6s
ibo'
100
120
120
Northea8t..S.C.— lat M.,88,'99,MA8
MAS
2d mort.. 8a. 1899
JAJ
Conaol. gold. 6a, 1933
Northern,Cal.— l8t, 68, 1907..JAJ
107
AAO
Conrol. Ss, 1938
Northern Cent.— 4«t8, 192S..AA0
AAO
2d mort., 6a, 1900
53
Oon.mort.,6a,K.,ooap.,1900JAJ
73
Mort. bds., 58,1926, series A JAJ
aeries B
do
JAJ
Cons. M. 68.. 1904
9S
Con. mort. stg. 68, g., 1904.. .JAJ
90
Union RR.— 1st, 68, end. Cant.,*9S
73
Northern Pac.-Gen..6s. 1921.JAJ
38
Gen. land gr.,2d, 6«, 1933.. .AAO
76
Gen. land gr., 3d, 68. 1937.. .JAD
101%
JAD
L. O. con., g. Ss, 1989
114
Dividend scrip ext. 6s, 1907 JAJ
Dul.
I
el's'
AMan..
Ist.
119<t 120
tis,
1936... JAJ
Dak. Ext., lBt-s.f.68,l937.JAD
No.Pao.A MoB.,Tst,68, 1938. MAS
Coeur d'Al.,lR,g., 68, 191S.MAB
do Gen. 1st g., 88, 1938.. .AAO
C«nt.Wash'n, Ist g.68.1938.MAS
North. Pac.Ter. Co.
107%
122
ids
-
131
107
112%
luo
103
114
114%
too
109
Its
(108
106
114
110
109% 110
104 ;ioa
79 '« 80
100
Pen D'Orellle Dlr., 6s, 19 19..M<k8
MAN
Mo. OIT. 68. 1919
James BlT.Val.— lst4f.,68,'3«JAJ 103
BpokMie A PaL,l8t 6s, 1936.MAN 100
HelenaA Red .Mt.lst,6i. 1937.MA.'< 100
77
109>* 112
108
MA8
JAJ
Warrxnts
131
111
toiH 103
109
lOJ
lOO
»8
97
•7
JAJ
1st, 68. '33
N. W. Nor. Car. Istes, 1938. .AAO
Norw'hAWor.- lstM.,68.'07..M*S«109
ni
13J% Ogd. A LCharo.-Con8.6s,1930.AAO { 101 % lOS
""
S3
i02%
Income, 68, 1920
IJ 30
Ohio I. A W.-lst pM.5s,1938..Q-J|
120
Ind. BI.AW.— iBt, pf.,78,190o..l iio
130
Ohio A Miss.—Cons..a.fd.7s,'98 JAJ 113
JAJ 113
&I04 106
Cons, mort., 7b, 1898
ISO
2dcon«>l. mort.,78, 1911. ..AAO lis
«, inoo
.FAA jios 107
..
.
.MAN
109%
lflt,8pnngr. Div., 78, 1905.
NM{..(^t.AS:L.-lst.78,1913.JAJ|'l26>«
VST
JAD
1932
5b.
gen
]0t
iBi
JAJ
2d mort., 6s, 1901
Ohio Btver BR.-lBt. 58. 193e.JAD
Consolidated gold 5s, 1928 AAO| 10*
S7
«
AAO
1937
105
Ss,
gold.
}10J
Gen.
New Haven A i>orl>y-Con..5s,19l8
OhloSonthem— IstBs, 10S1...JAD 100 10s
New Haven AN l»t 7b,1899..JAJ| Uf*
S4
MAN
SI
1921
U-3
4s,
M.
Gen.
-21
AAO
Consol. 68,1909
Ohio Valley- Gen. M..S f .,103S J AJ
N.J. Junction, Ist, 48, 1986.. FA A
FAA
I07l*10«
1897
68,
Colon/—
Old
N. J. A N.Y.-lst, 68, 1910. .MAN
101% 100
6b, 1895.
i*g 107%
N. J.Bonthem— 1st, 68, 1899. .JAJ
I««
78, 1894
S O. AGulf.— l8t, 6a, 1926.. MAN < --102% 100
4%8, 1904
''*S
1.6a.l9l6
s'. O. A Northea.it.-Prior
lOS
JAD
100
us
_
1897
4>*8.
M.,68,g.,1904.MAN'«
N Y.A Can.-£
JAI 102% 104
103
4s. 1038
nIyIcA Bud.Biv.-Exfd5s.MAN }01
illO
..JAJ
108
1910
Sa,
B.,
A
N.
F.
C.
B.
JAJ 1;!8
1st ooup. 78, 1903
H. Bedford KR., 7a, 1894 ..JAJ 105% 107
libentUr* 58, lf<84 1904. ..MAS }07«i
OS
OmahaA8uL.-Ut,48, 1937. .J*J
58, 18« 1901.. MAS 105
do
100
Orwige B<>1»-18( M., 58. 1907. JAJ
••
48, 1890-1905 .. JAD|
do
1027..^. JAJ «100 loa
122
OrSScaL-mS*
«118
Bterllngmort., 6s, g., 1903 .JAJ
io«%
9J
Greg. B'y A Na».-lst 08, 18O0J AJ 107
N.Y.Chlo.A8t.L.-lst.4^1937.AAO 8S>1 35
•«
Consol. mort. Ss, 1925...... JAD
25
N. Y. A Green w'd L.— Ist M. mo. 6s
•s
12
collateral «"»»'•• >'l"-,-;-iff2
6
2d mortgage Incoiae, 6»
M.. 78. lOlUIAN 190
123
Osw.ARom«-lst
119
102"
N Y.AHariem—7s,coup.,1900.MAN
Sa-MAIl
en.
>
Ox.AOIark.-lst. P*
100
N.Y. Laok.A W.-lst,6B, ltf21.JAJ 125
1st Interest guar., t» lOSTj-MAll
FAA 104 108
2nd, 5s, guar., 1923
Panama-Sterl'g M., 78. «. •07^AO «104 loa
Western—
Erie
4
lot
N. Y. I.ake
6a, 181u....MAI( « SS
bonds.
US
Bubsldy
U2>t
MAS
IstM.ext. 7s. 1897
Pwmarlvania BB.2d mort. extendwl,5»,1919.MA8 ll3>t
It4
JAJ
op., 1910.
108
M,
9*,
Gen.
106
4
8d M. extender!, iiB, 1923.. MAB
113
Orai. W.TM.e|^.OO.J. IS AO. IS
4th M., extended. 58, 1920.. AAO
iii"
1918..JAU8H.8
trust.
4>ta.
OoUateni
5thM.,eiteudo.l, 4s, 1928. JAD
MABJ 110
Consol. 58. op.. 1910..
135
l8t cons. M.. 7». g.,1920 ...MAS
iw»"
A..^...^F;«108
..
sorts*,Tr.
48,
,
Equip.
135
1st cons, tundooup.,78,1920 MAS
'"
....^ •••~
Penn. Co., Sa, wmp , 10O7..»-J'
lOOH
Reorganisafn lat UeB« 6a, 1908
'.U rr^ktort QanaM/.
LoiUlofc |0<.«won oS. t to Ai««r<ta-.
*
.
.
.
,
MM
"
.
HI
JAJ 109 110
l8t,0s, 1910
AAO 93
Con. man. 68, 1918
MA.V
General m. g. 58, 1940
Ind'ap. Div., "Ssgold, 1911. .FjiA ioi" 105
88^
Lo'l8V.N.O.ATex.-lst,48,1934.MA8
MAS
2d mort., inc., 58, ly34
LouU.St. L. A r.— 1 St 6s,g.l917.FAA "75>i
* Prloeg
,
A
.MAN
liOU'v.Ev.A St.!..— l8t,6s.l926.AAO 1071*
E. R. A E. Div., l8t, 68,1U21.JAJ (i03
( 78
2d mort., 2-68, g., 1936...
H. T. C.AC. Ist tis.g., 1927. AAO I 69
JAJ
Consol. 58, 1939
Loiilsv. ANushv.— Cons. lst,7s.'9S ill'
MAS 100
OeclUan Br., 78, 1907
m. O. A Mobile. Ist 6s, 1930.JAJ 114>4
2d, 6s, 1930. ...JAJ 108
do
JAD 108>«
E. H. A N., Ist 6s, 1919
68, g. 1893... .AAO
Mobile O.— Ist, g'd, 68, 1927 .JA D
l8t Extension 6s. 1927
Gen mort.. 48, 1938
8t.L.A Cairo— 48, guar., 1931
Eiiraula, 1st 88.1909.. JAJ
Mont.
Car. Br., Ist
01
110
110
«
«
t
19M
In'.
*»%
no
H.Y. PhiL
93 H .00
82
99
87
101
A Kor.— Ist, 1028 ..JAJ 101
AAO
Income e«, 10SS
101
iio»i
105 If
lat 7a. 1K05
Inr., Sa. 1910
lne.,Ra,
E'liiip. Trust.,
ios"
AGr. Tr'k. Ist, guar., 68.
JAD 1051* 107
A No.— Ist, 68,1910
l8t, consol. 6s,
Fulton £1. iBt M. ,5s. 1929. .MAS
Kings. A Pemb.—lat, 68,1912 JAJ
MAN
1911
JAD
« O.- Prior lien, <ta. 180S.
lis
Dot.
Incomes,
4a,I90S
.
W,T.Pa.
Jollet
Bt. P. E.
r.
.'Sa,
do
Sd mort.
Sdmort.
97
9J
110
117
97
103
1
!
IS
1000
JAD
",nn, i»rr
Sa, IIKII.JAD
.^a.
1927
AAO
2d gold 4a. 1927
N.Y.Ont.AW.-lat.g.,6a,l»l4NA^
Consul. .^B, g., 1939
JAD
N. Y A N. Enr.-laC. 7s, 190S.JAJ
I« M., 6*, lOOS
JAJ
tii.,il8. 1003
KAA
td
d a* (soalod -A p 0. tl II 92) r A A
114
1931
MorUage 4s, 1940.
JAJ
J.L.ASag.Con8.1stM,8B,'gi.MA8 101 >•
do
68,1891
MAS
101
119
108 )«
I
.t .Ni.lllieril-
1004
MiB US
MAS no
A N.Ind.,l8t,7a (gnar,M.C.)
A B. a, iBt 8.H, 1002 ..MAN
Air Line, 1st M., 88. 1890. ..MAN
Midd. Un. A Wat.Gap-l8t,58,1911
2d 5b. guar. N. Y. S. AW., 1396.
Mil. lJ>ke ah. A W.— 68. 1921. .MAN
FAA
Conv. deb. 68, 1007
ExL A Imp. 8. f. g. OS, 1929.. FAA
.
Y.
lat g.
104
102
101
MAN
6s. 1909
Ss, ooup.,
iiutMi
(I
lOA
102
19% 20
2d M.,8er. A,lno.,6«.1917...MA8
102 If
2d M.. Ser. B. lnc.,UM,1917.. April
115>« Mloh.Cen.— Consol., 78, 1902.MAN
7s. 1911
1st, Ha, 1927.
f
N
N
»
tl.7
70
34
MAR
Gol lateral Tr. S«. 1922
108
Juli
JA.I
L
Funded
July
JAJ
.JAD
Old l8tm>rt.
AAO
19.T8
103%
1900.JAJ
1
105
Ist.
1I8>4 114
120
114
182
105
BM
Boire*.
Lake Krle 4 Wm».- (C'lnfd
LoagiHKik mart., 7a, IHB3
104
do
eon. «.. 0», 1V35 ..AAO US
ir*w 34 enoa.fla. 1040
JtV
If .T,
B«
i
,
5'9"h 100
78.1907 Sua
K.C.F.Hi>..tMein.-l8t.e8,1928.MAN §108
K.C.AM.Ki- & Br.lBtS j5,li>2».AAO
Current River, Ist. 58. 1927. AAO ilOO>*
K.O.Ft.8cotlA O.— l8t,78,1908 JAD
93I4
Kan. C. M. A B.-lst, 58, 1927. MAS
Bir.. eiiiilp., 6 (?., gu.. 1 903.
MAS; I to
K.C.8t.Jo8.AC.B.—M. 78,1907. JAJ I17i«
Nodaway Val.. l8t,78, iy20.J*Li 103
K»n.aWy.AN.\V.-lHt58.193=!.JAJ
Ken. Cent. Ky.— Gold 48, 19S7.JAJ
Kentucky Uo 1st M.,58.192'<.JAJ
KeoknkAnes M.— l8t,5B,1923.AAO 90
Kings Co. El.- 8r. A.,f s, 1925. .JAJ
Pleas. Hill
AAO
MAN
102 >t
113
Maine Uent,-Mort. 7b, 1898. ..JAJ tllS
Kxten. bond*. 8*, g., 1900.. .AAO 112
ion
Con*. 7a. 1912
AAO 180
lid
Cons. 4>««. 1912
...AAO (103
Lasda * Panu'gt'n Us, 1 890 .JAJ 107
97 >t
Portl. A K.,Oona. M., 0«, 'H5.AAO 10«
112>t
Debantare, 6*, IO-2011. 1903. FAA 103
HaTlo.APb(nnlz-lat6a,1919.MAN
loe" M»r'taAN.Ua.-l>t.6a,g.,l»ll.JAJ
107
Cootol., 6K,1037
JAJ
109
Uanriti^ Uo.A 0.-Mar.A0.,8«. '92 it02
MAS llOO
*l,1908
Ss, 1923 (oxtenalon)
JAD 100
6a, 1925 (Miir<( A West.). AAO ilOO
111
Usmph.ACh»rl.-lBt,7s, I<tI5.JAJ
99
2d mort., 7r, extended, 191S.JAJ
JAJ 112
lat oonaol. 7a, 1915
lat, eons.. Tenn. lien, 7s,10t6 JAJ 115
95
Oold,6a, 1924
JAJ B9
MAN
2d Ga, 1899
Mexican Cent.— Prlor.5«,lB39,JAJ
JAD
19M8.
lOOi^.AAO
2clOa, 18l'l»
N. V. Klornled.— lat, 7a,
80
80
77
FkFallR * 8. r.— l8t,7R,l9l7.AAO H25>1 126
Jaoli.T. Jk Key W.,l«t 6 g ,1914.JAJ
Iowa
,
SO
Mxtrop-n Kl.-lit, Oa, 1»08..J.%.I
lis
2(1 mort.. Oh, g., Koar., 1900.MAN 103
Int.AGt.Nortli.-l«t.<i8.191tf.MAN 110 111
2d ooup. (is. 190i>, Trust reo.MAK 70^ fO
Ind'iiiH>ll8AVln.-lBt,7s,1908.FAA
.
•AnjMAS
JAJ
.'.a
I'.l
onaol. 4a,
Buuil, soil,), 4a
viniihiit.
US
BM.
BOROt.
Konthrm
JPoroliaser irisopaysaooruedlateresl.
—
U
FJ
F
.
)
F
J
.
•IHE CHitOJSlCLlk
868
[Vol.
m
QEN^EKAL QUOTATIONS OF STOCKS AND BONDS— CoNTisjam
For Bxplanatlona See Notes
Bid.
BAILBOAD BONDS.
Penn. EK.- (Contiuued)—
Penn. Co. let M.,4ia8,1921,r.J&J
Feiiii.&
J&D
A&O
Penn.
Pa. P.
J&J
AN. W.-5s, 1930
& Host— l8t, 68, 1939.. J&J
Pen8.& Atlantio-l8t. 68,1921. F&A
Peo. Deo. & Ev.— l8t. 6e, 1920. J&J
M&N
2d mortgage, 58,1926
Evansville Dlv.,l8t 69.1920.M&&
Peoria & Eastern- Con8. is. 1940.
Bid.
75
Minn's U'n, lot, 6s, 1922 ....J&J
118
Montana
74
Class B, 68, 1926
A&O 104
Plilla.&E.-Gen.guar.,68,g.,'20.J&J el27
110
97
1937.J&D
Ext.. 1st, 48,
68,
1121s
1937J&J
18
67
98'
129
111
116
104
St.P.&No.Pac.-Gen.6s.l923.F&A
ianAnt.&A.Pa88.,l8t,6s,1916.J&J
Ist, 68.1926
J&J
San F.&N.P.-lst,58,g., 1919.. .J&J
Sandusky Mansf.&N.-lst, 78,1909 115
Sav.Am. &M0D.con.,6,g.,1919.J&J
3av. Fl. & W.— 1st, 6s, 1934.. A&O §104
&
Gulf, oon. 78, 1897 ....J&J
At.
Fla.— 1st, 78,1899.M&N
80. Ga.
2d. 7s, 1899
A
M&N
110
107
691*
Sciot.V.&N.E -lst,g.,48,1989.M&N
Seaboard & Eoan.— 68, 1916. .F&A
5s, coup., 1926
J&J
U6<« 3eat.L.8.&E.— l8t,gold,68,'31.r&A
iham. Sun.& Lew.— let, 58,'12 M&N
Bailboao and M18CEL. Bonds.
Bid.
Asi
105
104
lOSia
Wabash— (Continued)—
lie
116
100
84
East'n,Mlnn.,l9t,g.,58,1908.A&O §100
61
96
Ask
2d
Montana Cent.- let,
100
Paxe of Qaotatlon*.
P.Mmn.& Man.— Ist 78,1909 J&J 112
100
119
.
A&O
A&O
78, 1897.. A&O
PUla. & Eead'g— 1st, 6s, 1910.J&J
2d, 78,1893
A&O
of First
6s, 1909
A&O
Dak. Ext.. 6s. 1910
M&N
let oonsol. 6s, 1933
J&J
1st coneol., reduced to 4is8 ..J&J
106
15
Income 48, 1990
108
Peo.A Pekln Dr -l8t,68,1921.Q—
MAN 60
2d mort.. 4is8, 1921
Perklomen— l8t eer. 58, 1918 Q-J 100
2d series 58,1918
Q.— e 96
Petersburg -Class A, 5s, 1926. J&J 104
General 58,1920
General 48, 1920
Sunb. &Eii6— let,
Head
Bailboad Bonds
Ask.
St
N.y.Can.— Ist. 78, '96. J&D 108^
l8t mort., 78, 1906
& EE. con60l. 4s. 1939
at
59
63
110
110
St.L.K.C.&N. (r.est.&R.),78.M&S
do 8t. Cha's Bridge 6s, 1908
do No. Mo., Ist, 1895. ..J&J
West Chestei^-Con. 78, 1891. .A&O
W. Jersey & At. 1st M.,6sl910M&S
West Jersey-lst, 6s, 1896
J&J
Ist M.,7s, 1899
A&O
West Shore— Guar. 4s, 2361... J&J
WestVa.C.&Pltts.— l8t,68,1911J&J
West. Va.&Pitts.-lstos, 1990. A&O
West.Maryl'd— 3d en.,6s, 1900.J&J
West.N.Y.&Penn- lst.58,1937J&J
2d m., 3s g.— 5e sc 1927. ...A&O
Warren & Frank., l8t,7s,'96F&A
W'n No.Car-Con.68,guar.l914.J&J
West'nPenn.- Ist M., 68, '93. .A&O
J&J
Pitta. Br., Ist M., 68, '96
Gold 48, 1928
J&D
70 12 Wheeling&L. Erie— l8t,58,... 1926
Wheel. Div., iBt, 5s, 1928 ....J&J
Extens. and Imp. 5e, 1930. .F&A
95
Wilm. Col. & Aug., 6e, 1910 ..J&D
Wllm. & No.— Ist. 58, 1907-27. J&D
WUm. & Weldon— 7s, g., 189C..J&J
128
5s, 1935
J&J
61
Winona&8. W.— lst,63.g.,l 928. A&O
Wiscon. Cent.Co.— lst,58l937.J&J
60
Incomes, non-cum., is, 1937
Wore. Nash. & E.— 58, •93-'95. Var.
45
Nash. & Eoch.. guar.. 5s. '94.A&0
I0914
100 Os
100
107
119
100
100
elOl
117
105
120
100
102
119
991a
30
IO6I9
98
103
106
elliO
elOl
99
1041a
102
105
103
110 114
94
98
118
3ham.V.&Pott8.-78,cau. 1901 J&J 112
Illifi
ihen.Val.— 1st. 7s,Tr. rec.aes.J&J
124
56%
Gen. M., 68,1921 Tr. reo.ass A&O
9314
107
Incomes, 6s, 1923
3b Hi 40
Cons. 58, Ist 8erieB,1922
M&H 921s
jhreve. & Hous.- Ist, 68, gu., 1914
10
§102%
103
Deferred income 6s
SodUB Bay& 80.— l8t,58,g.,1924J&J
§102% 103
35
New gen. mort., 48, 1958
J&J 771s 79
9o. Cen. (N.Y'.)— Coneol. mort., 5s
6418 54I4 80. CaroUna— lstM.,68,1920..AAO *101
let pref. inc., .^8, gold, 1958.. ..F
]TII»iCIi:L,L,.lNE«>lI»i BONDS.
112
2dpref. Inc., 58, gold, 1958
F 3358 3iia 2d mort., 6s, 1931
Amer. BeUTeleph'e-78, 1898 F&A
JAJ
3dpref. inc., 5s, gold, 1958
11
12
F 23
Am.WaterW'sCo.— lst6s,1907.J&J
Income 68, 1931
3d pref., inc., 5b, convertible... F 26^
106
1ft con. gold 5s, 1007
J&J
3o. Pac.Arlz.— lst,68,1909.10.J&J 104
lOOi] So Pac.Cal.-l8t,6s,g.,1905-12A&O 110
Plilla.Wll. A Bait.— 6s, 1892.. A&O 5100
114
Amer. Steamship— 68. 1896. ..A&O 1C4>4
A&O 5108 « 1:0
68, 1900
Boston & .'VIontana— "8, 1898.. J&J 5l02 103
Ist con. g, 5s, 1933
A&O 9914
87
58.1910
J&D 41051$ 107 So. Pac. Branch— 68, 1937. ...A&O 108 109 Boston United Gas— 5s, 1939. .J&J 36%
Trust certs. 48, 1922
M&N 891s 99 So. Pac. CoaBt— Ist gu.. g., 48, 1937 95
2d 58, 1939
J&J 74IS 75
101
Pied. & Cumb.— Ist, 6s, 1911. F&A
CahabaC'i Min.— let g.78,1907. J&J 108
30. Pac. N. M.— ist, 68, 1911 .J&J 105 12
75
Pittsb.C.A St.li.— 1st, 7s. 1900.F& A 105
Spok.Falls &N.— let 6s,g.,1939.J&J
100
Ches. & Del.Can.— l8t 5s, 1916. J&J
26
107
Pittsb.Ol.&Tol.— 1st, 68, 1922. A&O
110
Ches. & Ohio Canal— 6s
J&J 22
State L. & Sul. —1st 68,1899. ..J&J
85% 86
1141$ 8tat. IsL E. Tr.— Ist68,g.,1913. A&O 112
Pittsb.&Con'Usv.— l8tM.78,'98.J.feJ
115
Chic. Gas L. &C.-g. os, 1937. J&J
IZS
Sterling cons. M. 68, g., guar. J&J el26
103
Col>i ado Coal & I— 68, 1900... F&A 100
2d mort. guar. 58, g., 1926... J&J
Pittsb.Ft.W. & C.-lst,78,1912 Var 141
Col&HoP,k.C'l&l'n-g.68,1917.J&J 100
Steuben. & Ind,, Ist os, 1914. .J&J ioe"
33
2d mort., 7s, 1912
Var 140
8anb.Haz.&W-B.— l8t,5s,1928M&N
ioo'
Comst'kTun.- lstin.4s,1919.M&N 29
II4I11
3dmort.,78,1912
A&O 130
93
mort.,
reg
2d
Gs, 1938,
Consul Gas, Bait.— 6s, 1910. .J&J
M&N
Pittsb. June. Ist 6a, 1922
J&J lU4is
Sanb. & Lcwlstown, Ts, 1896.. J&J 111
Consol. 5s, 1939 ..
J&J ioo" 102
107
Pittsb. & Lake E.— 2d,5s,1928 A&O §115
Susp. B. & Erie June— 1st 78, 1900 §111
Oonsolld Coal-Conv. 6s,1897.J&J
95
Pittsb. McK.& Y.— lst,68,l932.J&J
ErtisonElec. 111. Co.-lsts. ,^s. 19
Syr.BlBg.&N.Y.— oon801.7s.'06A&0
861s
Pltt«.Paln.&F.— lst,g.,os,1916J&J
95
100
SyracusbSr.E'y.— lst.5s,1920.J&jl§
Eq.G'. &F.,Chlc-lstg.«s,1905 J&J
72 14
Pittsb. & West.— 1st, 48, 1917. JAJ
Hackeue'iiWat.— lstg.58,1926.J&J
TerreH & Ind.— Ist, 78, 1893 A&O: 103
Pitt*. Y. & A8li.-lst,58, 1927. M&N
Consol. mort., 58, 1925
i06" Hende.'son Bridge— 6e, 1!'31..M&S ioj'
J&Jl
Ashtabula & Pitte. — Ist Os. 1908.
Iron Steamboat Co.- 68 1901. J&J
Terre H. & Log'pt.— lst,g:u.,68,J&J 100
76
77
Portl'ud&Ogb'g- lst6s,g.,1900J&J 5114 116
Laclf de Gas. St. L.— 5a, 1919 Q—
lstaud2d, 68, 1913
J&J' 97
107
PortEoyal & Aug.— Ist, 68, 'gg. J&J 106 108
49
ivchlgU C.&Na v.— M.4iss,1914.y—
Tex. Cont.-lst,8k.fd.,7s,1909M&N
107
14
Income mort., Gs, 1899
100
Q-F 106
J&J
RE. 68, 1897
Ist mort., 78, 1911
M&N 45
Ports.Gt. F. &Con.-4ifl8, 19U7. J&D 5103
104
Cimvert. 68,1894
M&S
Texas & New Orleans— l8t,78. F&A
Pres. & Ariz.
1st g.68,1916.J&J
15 J&J 1081s 109
Sabine Div., 1st, 6s, 1912. ..M&S 104
Mort. 68, 1897
2d inc. 68, 1916
J.&D 124
J&J
ConsoL mort. 78, 1911
Vex. & P. -Ea8t.D.l8t6a,1905.M&8 104
84I4
Prov.A Worces.- lst6s,1897.A&0
Ist gold, 88, 2t00
Greenwood Tr. 7s, 1892.. ..F&A 103
J&D 84
99
Ealeigh & Gaston— 88, 1898.. .J&J 118
Q—
-2d gold inc., Ss, 2000
Gen. mort. 4I2S, 1924
Mch 301s
Een.&S'toga— Ist 78,1921 cou.M&N
Third Avenue Ist 5s, 193V
115
Man. Beach Itup— Ld.78,1809 M&S
J&J
Bicli.&Dau.— ii6u.m.,68, 1915J&J 115
80 '99"' Mut.Un.Tel.— SKg.(d.68,1911.M&N 100
Tol. A. A.& Cad.- let,6s,1917.M&!>
Debenture, 68, 1927
A&O 99 100 Tol. A. A.AGr.T.— lst,68,1921.J&J 97
Nat.St'rcl>Mf.Co.-lst,K.6s,'20 M&N
Con. mort. guld, 5s, 1936... A&O
S3
80
85
New Eng. Telephone, 68,1899. A&O iu3%'io4"
Tol. A. A.&M.P.— lst,68,1916.M&S
87i« I'ol.A.Ar.&N.M.— l8t,68,1924.M&N
85i« New Eng. Terminal, .'is, 1909. F&A §102 |105
Equip. M. 8. f. 5a, 1909
85
.M&8
22
Rloh.Fr.&P.— Con8.4iii8,1940.AAO
Tol. & Ohio Cent.— let, 5b, gu.l935 102
1031s New Orleans Pao.— laud grant?...
......
Elch. & Petersb., 68, 1915. ...M&N
Tol. & O. C. Ext.-lst, 5e, g., 1938. § 92I2 97% Northw'n Telegraph -7s,l 901 J&J lu3
Kicb. York E. & Ches., Ist 88, 1891 106
110
101
Ocean S8. Co.— latGs, 1892. guar.. lOlij 103
Marietta Mm., let, 68, g., 1915..
2d mort., 6s, 1900
M&N ICO 105 Tol.Peoria&W.— l8t,4s.l917....J&J '75% 77 Oregon Imp. Co— 1st 68,1910. J&D 86 87
Blob. & WestPt.Ter., Cs, 1897. F&A
94
96
A&O
Tol. 8t.L.&K.C.,lst,6s,1916...J&D
86
Conspl. 5s, 1939
Con. col. trust, 1st, 5s, 1914. M&8
671s as
J&J 59
Troy & Boston 1st 78. 1924.. J&J
Penn. Canal— 68, 1910
Klo Grande West., Ist 48,1939. J&J
71>4 72
M&N
Ulster & Del. con., 5, 1928. ...J&D
Penn. Steel— Ist ^s, 1917
Rome & CaiTollt.— 1st, 68, g.,1916 90
People's G.&C.Ch -l8t,6, g. '04.M&N
United Co'sN.J— Gon.68.1908.M&8
RomeWat'u&O.—8.F.,7s,1891 .J&D 100
J&D
1904
2(1
do
gen. 48, 19-23
do
F&A
2d mort., 78, 1892
Phila. Co.— 1st 8kg.fd.6s,1898.J&D
J&J 100
do
gen. 4e, 1929
MAS
5&I4
54
Coneol., eitended 58, 1922. A&O 103 ii 104
F&A
69,1936
el04
106
Po'k'psieBridge—l8t
sterllngdo
6s, 1894
M&S
Rutlanu— Ist M., 6s, 1902.. ..M&N 109 1091s
M&s;ell8 122
Proitor & Gamble 1st 69. 1904.... §
do
6s,1901
lit"
el32
Equipment, 2d 5s, 1»98
l8t7e,1928.A&0
HI"*
Fi:& 5 9&i« 99
112
L.B'dgi&Tun.—
Union Paciflo-lsi, 68, g, 1896.J&j|
St
90I4 92
Bt Jo. & Gr. I9l'd— l8t,guar. 6s 19 2 5
Teun. Coal Iron & E.—
J&J 113
1st, 6s, 1897
861a
admort.,luoome8, 5s, 1925
80
A&O
Tenn. div. Ist 6s, 1917
1st, 6s, 1898
J&J, li4is
90
91
Kan. C. &Om. Ist 58, 1927.. J&J
80
Blr. div. latcon. 68, 1917.. ..J&J
1st, 68, 1899
J&J llS^e
110
116
8t.L.Alt.&T.H.— 1st M., 7s, '94. Var 113 113%
1875-1900..M&N
108
110
W'n Un.-Deb.7s,
sink. F., 88, 1893
M&S
2d mort., pref., 7s, 1894
M&N 111 98I4
Var 106 »6 108
Deben. 78, 1 884- 1 900
Cm. Bridge, 8terI.8s,g.,'96.A&0 «113 116
2d Income, 7s, 1894
M&N 100
CoUat. trust cur. 5a, 1938... J&J
Collateral trust, 68, 1908
J&J
92
Div. bonds, 1894
80is
48
Wood9t'k Iron let g.,6B, 1910. .J&J
Collateral trust, 5s, 1907... .J&D
BeUev.& a.Ill.,l8t,8.F.8s,'96.A&( 110
70
STOCK.!!!- KAIIiKOAO. Par.
Collateral trust 4iss, 1918.. MAN
BeUev.& Car., 1st 6s, 1923.. J&D 90
91s IOI9
95
Equipment Tru8t 5s
A&O I 08
Ala. Gt. South.— A., 6s, pref.,. £10
4
41a
Cb.St.L.&Pad.,lst,g., 58, 1917.
iilO
lol
B, common
Kans. Pac, 1st, 68, 1895. ...F&A 110
2
21a
Bt. L. South., 1st, 48, 1931. .M&8
76
Ala. N. O. A Pac, Ac, A, pref. £10
J&D 1091s
do IstM., 6s, 1896
14
%
do 2d, Income 6e, 1931 ..M&S
B, def £10
do
do
do Den. Ext, 6s,1899.M&N no's
40
Garb. &8haw.,lbtg.48,1932.M&S
79
Alabama & Vlcksburg
do 1st cons. M.,6s,1919M&N 108 14 110
76I4
ir'e"
Bt.L.Ark.& Tex. J si Trust Recelptt.
77
AlBany & Susqueh., Guar.,7...100
Cen.Br.U.P— A.&P.P.6s,'9oM&N 100
29 14 "29 ia
2d m., 6s, 1936, all aas'ls p'd.F&A
18 14 21
95
Atchison Topeka & Santa Fe.. 100
Fund, coupon 78, 1895 ...M&N
95 ITO
Ist 48, certs., when iskued
68
87
66
Atlanta & Charlotte Air Line . 100
Atoh.Col. & P.,lst,68,1905Q.—
101
2d 4s,
98
100
do
35
30
Atlanta & West Point
do
At.J.Co.& W..let,68,1905.Q,—
5>4
498
Bt.r..IronMt.d So.— lst,7s, '92. F&A 1031s 105
100
Atlantic & Paclflc
U.P. Lin. & C, lst.g.,5s'18A&0
H,2d mort.. 78, g., 1897
80
Augusta & Savannah, leased . 100 133 140
M&N lOJis
Oregon Short-L. & U. N. Consol
95
'
100 92's
92
87
Baltimore A Ohio
CoUat. Trust 5s, 1919 ....M&S
^?- ^Z- •• '?''•• M., 7s, g., '95.J&D 104
CalroAFul.,lBt,l.g.,78,g.,'91.J&J IOOI2 101%
do
1st pref., 6. ...100 120
Oregon Short-L., Gs. 1922 .. F&A 100 102%
116
100
do
2d, pref
Utah So., gen., 78, 1900
J&J 103
, Cairo Ark. & T.,l8t,76,g.,'97.J&D 1031s 104
100 120
^Oen. oon. r'y & 1. g., 5S.1931A&0 90
BelleviUe A So. lU., prof
9C%
do Ext,let,78,l»09J&J 102
100 IfcOis 190
.i.. A «.!• r.— za tib,ci. A 1906. M AN
Boston A Albany
106
Utah & Nor.— IstM. 7s,1908.J&J
100 xl73 1731a
2d H., 6s, Class B, 1906
Boston & Lowell
M&N 106
Gold 5s, 1926
...J&J
100 199 200
Boston & Maine
77
f,2d M., ts, class C, 1906. ...M&N 106
U.P.Dcn.&Gulf con.,5.g ,1939.J&D
103
99
..100
Air-Line,
pref
Y.
'91
100
&
N.
fclstm. Mo. & W. 68, 1919 ...F&A el08 118
Boston
Utloa A Bl'k E.— Mort. 78,
.J&J
100 251 253
.F&A {109
Consol. 4s, g, 1922
J&J 101 1031s Boston & Providence
f Col. Trust, 6, g., 1920
100
Lynn.
Beach
&
Equipment 78. 1895
Eevere
100
Boston
J&D
Utlca Clin.&Blng.l st 5,1 939. .J&J
28
100
26
General mort.. 68, 1931
J,S^J 107
104% Brooklyn Elevated
Valley of Ohio— Con. 6s, 1921.M&S
100
28 "4 29
General mort., 59, 1931
Bullalo Eoohester & Pittsb
J&J 95
Ver. & Mass.— Guar. 5s, 1903 M&N
100 74
76
pref
Ist trust, g., 5s, 1987
102
do
A&O 85
Vicksb. Sh. & Pac. -Prior Hen, 6s.
35
15
Kan.C. &bw.,lst,6s,K.,1916..J&J
Burlington C. Eapld8& North.. 100
Va. Midl'd.— I8t8er.,6s, 1906. M&S 116
100
13
S
Ft.8.& V.B.Bd.,l8t,6s,1910.A&0
California Pacitlc
90
M&S 1141s
,
2d series, 68, 1911
100
Southern
Bt.L.K.&8o.W. -1st 6s, 1916M&S
California
109
M&S
3d series, 68,1916
50
Camden & Atlantic
85
M&S
4th series, 3-4-5s, 1921
I Kansas Mid.— Ist, 48, 1937. J&D
3413
50
Pref
St. Louis Salem & Arkacsas-Ss. t*95
do
do
M&S 99 "4 99%
5th series, 5s, 1926
4Sis 49 13
100
St. L. W. & W., 68, 1919
M&S tU5i« 1061^ General 5s, 1936
M&N
791s Canada Southern
71I2
100
71
Paclflo
Bt.L.Vand.&T.H.-l8tM.,7s,'97.J&J llois
Canadian
83
do
guaranteed, stamped
81
SO
2d mort., 78, 1898
M&N 5.... 1071s Wabash- 1st gold 58, 1939. ..M&N 94% 9rt Cayuga & Susquehanna
71I4
s
50
2d, 7s, guar., 1898
Catawissa
71s
M&N 107
2d gold 58, 1939
F&A 70%
50 >
68
Bt. P. & Duluth— l8t, 5s, 1931. F&A 105
1st pref
do
Dtb. mort., series A, 1939. ..J&J
50 « 55
30 1« sm'
2d pref
Pp',. mort ip-lPs B 19.'ia.. J&J
do
125
106
Consol.M.,78,1911, reg.&cp.J&D 124
Oonsol. mort., 68,1911
J&L el 22
Improvement mort., 6s, '97. A&O elOd
,
.
.
.
1
.
C—
I
,
:
:
;
.
;
.
.
. .
I
H
,
,
.
.
,
,
I
,
*
Price nominal.
§
Furohaaer also pc^B fMSorned Interest. elnLoodon
UOouponoH.
» Price per share,
t
In
Am^tx lum.
J
In Frankfort.
.
Dkoemrer
.
I'HE CHRONlOLIt
20, 1890.]
869
aWNKKAL. gUOT.vriONd OV 8T0CKd AMU BONDd—UoamoBn.
>or HKpUnatloB*
Bailsoad SrooKt.
Bid.
Alk,
OedarP. Alflnn...lOO
lis
Otnt. of aeorKla...lOO
Hau
100
<1o
pret. 100
Cent, of N.J
100
Central Ohio
SO
Oantrikl
do
Prer...50
Central Paolflc
100
Central of So. Car..&0
Cbar. Col. AAiiK -100
OilM. AO V.Tr. rer. 1 00
do
iBtpf.lOO
.
.
17>«
RAILROAD flmcKS.
Bid.
Alk.
lAOlaT.N.A.AChlo.lOO
U>uln. St. I,.A Tex. 100
LoulsvUlo Siiiith'n 100
30
36
17
10
IS 4
9
Chic. A At.,neii.'rr.roo.
Chic. Hur. A Nor, 100
11
89)4
89 >«
87H 39
80
83
SCe 51
Chlo. Mil. A Bt. P.IOO
do
pref..lOO 103\ 105
Ohio. A North w'Q. 100 104, >4 104 >«
•
do pref., 7.100 138 136 >«
7I»> 71 >
Ohio. K. I. A Pac.lOO
21ii 24
Morris A E'x, ga.,7.80
0.8t.P.M.AO..0onil00
83
78
<a«hT.Chat.A St. L.25
do
prBf.lOO
4314 Na.sh. A Decatur. ..25
43
Chlo. & West Mich. 100
103
Vashiia A IxjwelL.lOO
CIn. Ham. A Day. 100 100
76
Nttugatiick
ClncN.O. A T.Pao. 100
100
2S>« f 'squelioiilng Vall'ySO
23
Oin. Sand. A Cler. 50
95
New ll'n A North..lOO
do
pref. 90 (X53
^ew Jersey A N. Y. 100
Olevel. AX. A Cot. 100 t 3d>« 31
6>»
deve. A Canton.. 100
6
do
pref.. 100
19
18
New
London Nor.. 100
do
pref.lOO
58 >« S9
H.Y.Cent.A H.RIv.lOO
Clev. C. C. A St. L.lOO
do
90
prof. 100
H.Y.Ch.ASt.UnowlOO
IBS'
do
Cl.*Pltt.,gTiar.,7. 50
1st pref. 100
Ool. A Qreen.,prer.lOO
do
2d pref.lOO
». Y. A Harlem
Col. H. Val. ATol.lOO
Z3>4 35
50
16
Col. Spring. A Cln. 50
14
«.Y.Laok.AWest...lOO
<. Y.L.ErleA West. 100
CoLA Xen.,Kuar.,t) 50
do
Con. A Montreal—
Pref.lOO
<.Y. A N.England. 100
(B.C.AM. pf.lOO 137>s 138
155 •«
do
ClaBs rv. (Cone.) 100 1.^5
Pref.lOO
l.^O
i.Y.N H. A Hartf. ICO
Con.APort8.,gu.,7 100 140
».Y. A North., com 100
Conn. & Pas.sump.J0O 1141a 115
do
Connecticut RlverlOO 219 221
pref.lOO
*.Y. Ont. AWest-.lOO
42
Cons, of vt., pref 100
40
S.
Y.
Phil.
Current RIvor
ANorf.lOO
100 '53"'
Si" I.Y. Prov. A Bost.lOO
Danbury A Norw'lk.50
75 >« <.Y.8usq.A WesfnlOO
Day. A MIoh., ga.. 50
175 "a
do
Pref.lOO
do pf.,gu..8.50
70
». NewsAMIsa.Val.Co
Del. A Bound Br'klOO
*orf A West, com 100
Delaware & Hud..lOG 124 126
do
Del, Lack. A West. 50 129»8 129\
pref.lOO
fo. Pennsylvania. .50
10
Del. A New Eug...lOO
I7J4 18>4 .Northern Central. .50
Denv. A Rio Or.. ..100
57^ 57% Sortheastern
5C'
do
pref.lOO
Dea M. A Ft. D'ge 100
4H 5»« Jorth'n N. Hamp.lOO
Jlorth'n Pao., com 100
10
do
pref.lOO
do
Pref. 100
Det. Bay City A A. 100
CM
91
100
195
200
*
S2H
.
,
.
Det. Hills. AS. W.IOO
Det. Lan. A North. 100
do
pref.lOO
7
35
30
6
4
Dnluth 8. S AAtl.lOO
13
10
do
pref.lOO
E. Tenu. Va. AUa.lOO
6%
63
do l»t pref.lOO
15
16>s
do 2d prof.. 100
East PennsTlvania.SO * 54
Eastern (Mass.) ..100 IGO
do
Pref.lOO
107 >4
Eastern In N. H...100 107
Ellz. Lex.
A
W'inep't
Big S. 100
50
50
69
Evansville A T. H..50 100
81
Fltohburg, Pref. ...100
18
Flint A Pere Marq.lOO
84
do
pref. 100
do
Pref
«
82
20
85
FUtCen.A Peu.V.T.Cer
do 1st pref.cum.tOO
.
5\
Georgia Paclfle...lOO
Ga.RK. AB'kgCo.lOO 190
4
Or. Rai'idsA Ind.lCO
66
Gt. North. Ry. pref.
S\
4 St.
P... 100
Pref... 100
Har.Por.Mt.J. A L..50
Hartf 'd A Ct. We8t.l00
Housatonic pref.. 100
Houa. A Tex. Cent. 100
Hunting. A Br. Top. 50
Pref.50
do
nilnols Central... 100
do leased l.,4p.c. 100
Iowa Central
100
Pref.lOO
do
Iowa F. A Sioux City
Kan. A Mich, certs...
Jefl.M.AInd.,l'd.lOO
803s
25
50
300
8
67
7
30
m
17>*
42>«
96>«
98
6»«
18
7
20
'u'
60
Kan.C.Ft.S.AG.pt.lOO 125
"63
126
Kan.L/'.Mem.A Bir.liO
Kan.C.Cl'u A Sp'd.lOO
Kentucky Cent.. -.100
"eo"
40
45
A DesH..ltO
pref.. 100
Keokuk A West'u 100
Keokuk
do
.
A niNINO
STOCKS, N.V.
Cameron
!
'
:
Ir.
A Coal 00
A 1. 100
1
Colorado Coal
I>ehluh A Wilkcah.Oal
.Wsrahall Con.Coal. 100
Maryland Coal
03
260
100
Minnesota Iron... 100
Coal 100
N.Y.A Perry U. A I.IOO
IS
IS"* OniarioSll. Min'g.lOO
Pennsylvania CoaL.'iO
Quicksilver Mln'g.100
do
oref.lOO
New Central
15
8
22i«l
I
.
Tenn.CoalAIronColOO
do
pref.lOO
BLEOTKIO
V3%
14>«
52'g
53%
ai
Brash, Bait
100
68>4 Brush Kleo. Light. ..50
48
135
21%
62>«
LIUHT,
SO
136
3U% Gold AStook
7%
28
2II11'
61:
%
179
7
85 >«
1><
10>*
Elec.0'J..^5
1
3
38
25
45
28
125
RomeW. AOgd...lOO
100
Ritland
Pref., 7.. 100
do
Jos.AO'dUl'd.lOO
St.
Fnrohaser also P»y» »<»nied
I
lis
IJO
103
130
85
Wililamaburg
SO 128
Cambridge, Mass. 100 205
.
10,5
lH'a
ltf>S
68
90 100
17'« 18
48
Si
102
^l^
7
59
60
oe**
Interest.
2ft
Bast Boston
Hartford, Ct.,G.L..25
Jamaica Pl'n,MasalOO
Jersey cityGas Light.
Jersey C. A Hobok'n 20
Lawrence, Mass. 100
LonlsTlUe Gas Light.
100
LoweU
.In
t
36
304
4m
ieo"
142
135
250
Lynn, Maaa., G. L.lOO 160
Maid. A Melrose... 100
aCemphlaOaa
ir. Orleans Oas L. 100 101
New York CltySO 85
Oentral
91
Consolidated... .100
100 119
Equltablo
100 117
Mutual
Btaudard '.taa.pt.lOO 82
Hewton A Wat'n..lOO 177
PbUa. Co. Nat. Uas.SO
Flttsburg Oas O0...8O «
PorUand, Me., O. L.5UI 7.J
13
St. Louts. L»ote<le.lUO{
. .
IsI<ondOD.
"•-'
<
100
50
Canton Co. (Balt.1.100
26
12
C. J. R'y's U.
lat Pref
8fk Yds
3d Pref
100
do 1st pref.lOO
do 2d pref. 100
Con. Kan. C.S. A R.,25
Oontlnent'l Cin.Almp.
iOU
50
35
35
24
494
384
136
118
99
13i
107
89
130
206
Charleat'n3.C.,Oa8.2S f 324
1271 Cbartiers Valley.. 100
100 iV5>t 116
Ohelaea, Maaa
178
122
106
4
15%
JlaflinCo
UAM
100
Brookllne (Masa.lL'd5
Brunswick Co
Cambria Iron
'a'o"
6
20
20
A Coke.lOU
IS
Oil. ...
80
pref.lOO
33
do
18% lft%
do
Tr.reo.100
864 Amerloan Expres.100 111 UO
Am. Pig Iron war.lOJ
83
Am. Tobacco Co., pref
71
8
lOi
8%
24 Aaplnwall Land
5% 6%
Boston Land
10
11
8
S%
Boston Water Power,
3
SO
pref.. 100
CtnolD. O.
lOO
Am. Cotton
80
68
ChleagoOas
146
Amerloan Cattle
U.S. Electric Co.. 100
23>« U. 8. Illumlnat. Co.lOO
50»....
WeetlughoHse El. L.50
»131
PhU. Germ. A Nor..dO
30i« 30 >4
srrocKSt.
Palla. ARead. cert ."iOi
Bait.
Consol. Gas lOv
221)
Piiila. A Trenton.. 100
230
Bay State
SO
fnlla. Wllm.A Bait. 50 » 56i« 53
Brookllne, Mass. . . 100
•Itts. Cln. A St. L..50i
12>* 13>« Brooklyn, L. I.—
Pitts. Cln.C.A8t.L. 100
Brooklyn
25
55
do
pref.lOO
OltUens'
20
12
Pitta. A Connell'e..50'» 10
Fulton
Munlulp.lOO
152
i»itt».Ft.W.AC.,guar.7| 150
Ketropolltau
100
2t1
50* 25
Pitta. Junot
Nassau
25
47
Pitts. Va. A Cbarles.SO ' 45
People's
10
25
30
Pitts. A Western.. .50
171
118
Express. ..100 140
Am. Bank Note O0..SO
80
AErie
36 >s
1%
to
faiisT co*tf
A Tmat.100
Am. Loan
AND
liiO
Prov. A Worcesttr.lOj
K^ns. A Saratoga. . 100
Rich. F. A P., com. 100
Rlobmoiid A P'b'g.lOO
llloh.A W. P.Tec.lOO
do Pref....lOo
Richmond York R. At!.
Rio Grande West.. 100
prtf.lOO
do
Tronleal
TBVSTS.
Thom. Welding Co.lOO
do Europ.W.Co.lOO
pref
50
do
Port. Saoo A Porta 100 137
Pjrt Royal A Augusta
Ports. Ot.F.A Con.lO^/
Prcv. A Spring ...100
13
'2'81
iW
.
Ft.
W
100 911 919
Erie
100 40% 47
Hndaon River.
100
ss
Mexican
10 "06«I 7B«.
N.Y.A Hew Jersey.lOO 07 too
New En(land
100
80
!
Con. Eleo. Storage
Edison Ocn. Eleo. 100
EUson Trust
Edison ninmlnat. 100
Edis'n Phon.Toy Mf .Co.
Jnllcn KlcctrieCo
Do Traction Co....
Ipanish-Amer. L. A P.
TllO!n.-H. £leo.Co. ..25
do
pref. .25
do T.BecSer.0. 10
do
do Ser.O...
Tbom.-H. lnteraat.100
32
704
Amerloaa Bell
Adams
do
Pref...'50
do
Pitts. Youngs. AAsh.,'iO
38
80
.
TBLBPHONB.
87
81
Ac.
Sonthem
Phtla.
(.'able.
nii"
98 100
Atlantle
100 400
Brooklyn Tm«t...tOO 4<I0
"17% 18% Central
ion 1100 isoo
Continental
S3
100
Parmera'
133% 124
Loan A Tr.Sf 73S" «00~
Franklin
100 370 300
Holland
100 808 319
Kings Coonty
4
lo<
Knickerbooker
lOr 170
31% 33
180
Long Island
15
17
10<
130
Manhattan
24
34
27
388 394
8% 9 .Mercantile
lOi
275
Metropolitan.
16
19
.. ..100
.Vaaaau
100 153 100
N. Y.LIfeA Trust. 100 090
12
15
774 N.Y.Seourtly ATr.lOO 185
Peoples'. BrooklynlOn
84 11
Real Estate L.A T. 100
30
100 180 190
4i" .3Ute
Union
270 290
100 790
100 790 895
54 6 United 3tetes
100 176
36
884 Washington
aiNO^LLA.-VEOIJS
30
3t
73
STOCK.!!
74
40
do
98
1?* Soatb'n A Atlantle.SA
Westen rnh>n....lOO
644
Brush lUuminat'g 100
Consolidated
100
Wayne
ss
9ft
100
Mexican....
100 900
187" Northwrwt. gatr
60 S8
Pacldn A Ailantio
00
38
r
I
t
5
44 K,
so
•
(
•0
100
109% too
Ornintfrl Oabia 0*100
Prnnklln
100
Postal Tel.
so
OOAIi
32%
10
2S«%
20
i'3'e>«
WeatJane/A Atl...SO
Veatem Maryland. so
18 •«
1
mamhrm.
44>t
do
prf(..100
16<i
W»rr'n(WJ.».l's'd.7.S0
Weat End (Boat)... SO fxse
do. pref. (Boa.) 50
Wlaoonalo Cent. OolOO
do
Pref. 100
WoT.Naah.A Rooh.lOO
48
* Vn«
Price nominal,
Vt.A Maaa.,rsad.0.100
VI rtctnia Midland .. 1 00
Wabash RR
100
1
107
290
^%4ofmtmtk.
I
I
'
100
Vest Jersey
'ife"&
* Blt'KLVII
HOBSB
Aaer&al
•DIMftfl.100
AaMr.T»l.*<Mto.too
Oaot. A S«. km. Cable
18
ini.OolumblaA A.1(X> 108
31 >i
Wilmington A Nor.. So
warn. A Weldon, 7.100 106
DiTld'nd obligations
St. Louis A Cairo
Klngst'n&Puiubr'keSO
Lake Erie AW....10Q I2I9 12'8 SCLoal8Alt.AT.U.100 20 >i 24
Pref.lOO
do
do
Pref. 10'
50% 51
10
UBh. A Mich. So. .100 106 '.1 106% 9C.L. Ark.AT. reo.lOO 709
78
50 4S'8 49>e 8';.Ij.&8.1;Mstp/ef.lOo
Lehigh Valley
5
H.lOO
t.
Van.
A
St. L.
SO! 158% 162
Little Miami
«:>
So. Paal A Uuluth.iou
50
Little Bchu'k'l
100
Pref
do
86
oO 84
Long Island
07
95
8'.. r..Minn. A Man. 100
30
LOQ.Evans.ASt. UlOO
170' 173
100
Line.
Shore
63
Prei.lOO
do
Lnnisv.
Onion Paolflo
A 0.100
UtloaABlaokRlr.lOO
Un. Pao. Den.
Col.AHwk.C. AI.IOO
Consul. Coal of Md.lOO
19% Homeatake Mlu'g.lOO
.
78
Kan.C.Ft.S.A:)lem.lOO
.
do
i>ref..IO0
0.1T.J.RRAC. Co.lOO 338
im
32>«
.
To?«<Jt.LAK. City ..too
West. N.Y.A Penn. 100
Wheel. A L. E
100
pref.KX)
do
19
Pref.lOO
14
100
17
Old Colony
164
ICO 163
Om.ASt.L.
100
do.
pref.... 100
7!»
Greg. R'y A Nav 100
81
18'-»
Or. 3. L. A Utah N. 100
20
Pennsylvania RR. .50
49 '8
Penn. A Northwest. 50 « 48
Pensaoola A Atlan. 100
2
4
ISij
feorla Dec. AEV..100
14
Peo. A Eastern... 100[
6>s
9
Petersbu^
80
100 75
)alo
•8
.
do 2dpf non-cum. 100
Gr.B. W.
do
I
•8
76>t
IS
56
33
Vorw.A Woroeater. loo 177
5
).;d. A L. Champ. 100
18
>hloAMis3
100
8
SO
..100
MHS,
U«t 14V Loeot ItturUUt In
18
10
OnnomoLa aoM iMsik
A WeatlOO
55
33
.
.
FnzaaAPaoino...l00
Ann Arlmr A N.M
AOhloCxnl'l.lOO
do
Pref. ..100
Tol. Peor.
-..Hawi...
Oan Praaelaeo Oa« ....
Waah'loa (ntrO, L.90
N.¥.
Tol.
140
99
10%
US
00
Tol.
8411
98 >3
Mnost. sioeu.
-
I..ewl*t'o.KO
A
«.
—
34%
Ind'nap.80
rerre a.
HI
347>«
.
ElmlraA
imb'ry A
am om
. .
Aak.
I
Mexican .Vat., T.R.100
Michigan t.'ent
80
00
100
MU. Lakes. AW. .100
87
92
do
104
pref.lOO 103
Mine Hill AS. H.... 50
68
Mlnneap A St.L.. 100
4
5
do
Pref... 100
8
10
Mo.Kan.AT.,->z. 2dM
11% 12i«
do
19
pref... 100
20
Missouri Paclllo. 100
Mobile AOhIo
36
38
100
Morgan's La.ATez.100
40
Chlo.Hur. AQiiln.lOO
ChlcA East. 111. ..100
do
pref.lOO
f QwWf
.
sm
128
105
F>g«
Soatbarn Pae. Oo. 100 34%
•'WMt.,«a.,K'd.7.100 138
•oiDmlt Branch. Pa. SO
8
a8>i Mahoning Coal KR.RO
80
101
do
Pnt.SO
Maine Oeotral ....100 iss 188
I
88
Wan. ALaw'oe....lOO 331 If 323
38 'so' Manhattan, con. ..lOfl 96 >t 07%
Wanj. U. AOnt.. .100
"20
"lO"
do
Pref. 100
ie>4 16> Maryland Central. .SO •.
«0>4 41
Mauawlppi
100 108 <« 110
38
Memph.A Charl....3A 89
40
no 117 Mexican tNnitral ..100 19 VOif
. .
Wrt
4 af
Miion, Stocks.
39
do 2d iiref 100
ChMhlrn, prei
100
Ohlcak-o it Alton 100 1Z4
do
pref.lOO
.
130
18
— Wot— » «—
Cev.
A CIn.Brldge.lOO
pref.lOO
do
A C. Feed. C J. 100 41
* 3%
East Boston Land. .
Dial.
!
!
'Manh'tt'n B'oh O0.IUO
Marerlok Land.... 10
Maxwell Land Grant..
Mez. Nat. Construci'a
Morris Can..gu. 4.100
do pf..Ka.l0.100
•
260
16i
14!
45
106
90
92
liO
120
87
178
78
10
1%
1%
60
58
IS
SO
300
78«.
30e.
18%, IS
SS
4S
SS
37
Nat.|Llnseed Oil Co...
Nat. tturoh M. Co. 100
Loan Almpr't...
North AmerieanCilOv
'Northwest Equip. lOO
Oregon Improve.. 100
100
do
ir.f
PaclHo Mat 38. CO. 10b
40
IN. y.
148
136
S%
I
36 >4
205
Ht.Dea.AK.B.Land.5.
43
National Lead Trust..
I'o'i"
41%
8%
Frenchman's Bay Ld « 8
iHackensack Vaier, 23 100
^^
pref., 3i 1024
do
lOo IttS
Henderson Brldge.100 100
***
100
llUnols Steel
Iron Steamboat... 100
9
4
St
JKeeley Motor
Lsmson Stone Ser.SO • 314 SS
'LeiilgbUoalANav. 5u • 44% 48
11
11%
10
17
----»
.....
S3% S4%
I
'Pennsylv. 8ieel...l00
Pough. Bridge ....100
Proi<.A Gain.Co.prf.8N
IS
lis
PnUm'n Paiao* Car 1 uv< IHIS ISO
17
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San Diego LmhI
m
1
•-^''•»
8t.Loulsfl'<Ue,lslpf*'
IOU €XJi
3t. Louis Tun. RK. lOo «ioy
-O
Co.
Transfer
8t. Louts
SmiiUr.l 0.1 ir'l.lOO IS4
3dpr«r. cerl
—
'8ug.tr K«ilula4 Cj
Trust r«6lpis
Tex.APao. i/drr.iOv»
Irt"*
Qaotauoos dollars per shai^
i
111
I
7ft
.
185
7i<«l
7S%
5J
8a%
I
17
I
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ao
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.
THE CHRONICLE.
870
.
1
Vol. LI,
GENERAL QUOTATIOXS OF STOCKS AND BONDS— Concldded.
For Explanation
MiscellakeousSt'ks.
Ask.
Bid.
I
Wells Far^o litp. 10)] 138
WestEnrt LhuiI (Bost.) « 21^8
Mandfact'o Stocks.
I
143
145
Wasner Palace Car Co.l 135
;
...
Sagvmoie(F.Riv.).100
I
(Fall Ulv.).. 100
Slade (Fall Rlv) .100
Stallord (Fall Riv.)100
Shove
.
j
ISIMIVG STOCKS'
(S. Y.
I
& SaN. FKAN.:
LSturkMilU(N.H.)100ii
1-70
Coi.s
Alta\Contana
10('
Barcelona
Bulwcp
Caledonia
B
!Trerar)nt&-<.(Ma88)100
.... iUnionU. Mf. (F.R.)IOO
•06 Wampanoag(F.R.)100
Waahiugfu(Mas3 )100
•50
.100
Isle
Best & Bel -lier
Bodie
Brecce
•70
•d(
•35
45
IOC
•iO
•25
10<
2 -7.=)
Crown IMiit.
Deadwcol
100
Denver City Con
Dunkin
.
•2.5
Gould* Cun-f
Hale
Horn
Bank of Baltimore IOC
Commerce. 15
1-4
3..10(
150
15^
10
•ItijCom. & Farmers' .. 100
iFarmers' B'k of Md.3f
1^55 Farmers' * Merch.. 40
20
Fourth National ..100 230
Marine
3C
"3.T
Mecbanics'
1('
1^60|l.\Ie
2-75
20
Iron SI ver
Iron il II
Klnss.APembr'keJroi
It
Lacrosse
I/eadvUli Consol
lO
50
Utile r^hi-f
ASilv.lOO
Mexican G.
1
•40
People's
!
100
Exoh'ge.lOd
20
1^50:,Je(oiid National. .101
•40 'Third National. ...10'.
"•35
•30
•05
•50i!Unlon
•OSllWestern
•II
•30
•3a
2-45
2-50
•50
•30
•15
Boston.t
71
2(
iGcrman National. 100 210
Mdrket National. .1011 135
Merchants' Nal'L.lCO 135
130
35
"isH
10
65
50
Neiv Orleans.
I
American Nat
100 112
150 .Bank of ommeree.lO
151a
135 |c;anal& Banking. .1(.0 I69I2
I914 Citizens'.
100 26
GeriuanlaNatiou'l.lOo 209
112
Hibernia National. 100 210
83
Louisiana Nat
100 210
40
Metropolitan
100 xl56
Mutual National. .100 130
New Orleans Nat. 100 705
People's
50 104
138 1« Souttiern NationallOO 1081a
121 1« State National
10(' 151
135,
<
19
170
I
103
•60 Atlantic
•50 Alias
Mechanics' Nat'l.
Nat.Bk.N.Liberties.50
Penn National
50 91
Philadelphia Nat'1.100 246
Seventh Natianal 100
Western National. .50
St. KiOuIb.
Nat. Bank of Com. 100 154
270
190
ifi
100
4'25
105
Continental Nat'1.100
Franklin
10i>
Fourth National. .ICO
International
100
1371* Laclede National.. '.0&
124
310
300
105
125
121
110
123
Mechanics
100
Merchants' Nat'l .100
St. Louis NatiouaLlOC
Third National. ...100
210
128
160
118
isT'
An^-'lo-Califoruian. .
Bank of Cal'f.iinia..
First Nat'l God... 100
161s Paciflc
279
170
160
85
285
173
170
Coinmercliil
138
San FraneiHCO.
114
173
FIRE
I!VSUR'CB
^s^ooIts.
/Klna Fire
Connecticut
Hartford
National
Orient
Phcenix
227
160
137
I
)
(
.
I
i
i
i
.
i
I
)
i
I
)
)
1
)
'
!:
I
I
!
100
100
10
100
loO
loo
50
Steam Boiler
New
2621s 265
130
320
144
95
196
100
140
148
99%
200
108
York.
Alliance
1000
50
25
26
20
70
American
Bowery
Broadway
Citizena'
City
Commonwealth
I
j
165
120
Hard'ord, Conn.
I
I
105
270
1
1
165
155
450
I
;
100
40
97
100 124
,
niMNG.
58
45
Keystone Nat'l
60
Manufact'r.-.' Nat .lOn
100 133
110
10(1 121
Moulton
913
10
Blac^stone
100 111 Ill's Traders'
9%
NaTaJo
100
1^00 Boston National. .100 119
120 [Union National ...100,
146
NortliBelle Isle
Boylston
100 131 1341* Whitney National. 10(J 2S0
Ophir
10 "d'sb
•05
Broadwav
IOC 110
New Iforii.
Oriental & Miller
•53
Bunker Hill
100 215
100 205 206 lAmerica
Phcenlx of Arizona. ..
1^50
137
140
American
Exch'eelOO
Central
100
150
Flymoutli Consol
3-75 3^30 City
100 100 100 !« Asbury Park Nat.lOO
70
l"0U)tl
ion
•04
100 300 315
C\:>lumbian
lOO 111>S 112
Bowery
Bap) ahanock
I
•80 Commerce
25 290 295
100 137 137 lii Broadway
Bobli son Consul
5C
1^30 1^70 Commercial
Butcher8'&Drover8'25 170
10
98 ICO
185
Savai e
l^jO 1^70 Commonwealtti . .100 1801s 181
Central National 100 300
Sierra JNu>.>aa
ICC
1^50 Continntal
Chase National
100 300
IOC 1261s 127
BllTerKins
1^00 1-20 Eagle
Cnatham'
25 375
lOr lOShl 107
Standard
10(
lOCV
iEliott
Chemicjl
100 4500 5000
Union Cunsol
100 133 134
IOC
•66 Everett
•eo
100 475
100 108 110 iCIty
tJtBll
2 05 2^10 Exchange
Citizen's
25 160
Yellow Jacket
100 1331s 134
235
FaneuilHali
100 140 143 jColmubia
100 192 2'
First National
100 250 255 [Commerce
BOSTON
C!ontinental
100 138 140
First Ward
100 129 131
(See Page b63.)
Fourth National.. .101' 123 124
Com Exchange ...100 235
Deposit
10(1 110
Freeman's
100 1081* 107
lANCFACT'ING.
25 150
Globe
Am.Linen(F.Riv) 110<
95
100 100 100 14 East River
114><
Hamilton
120
Eleventh
Ward
25 150
115
100
Amory{N. (I.)
10(
121
Fifth Avenue
100 1600
AmoflkeaK (N.H.) 100( 2000 2005 Hide & Leather ...101 1291-j 130
141
National....
300
150
Howard
110
Fifth
100
111
Androscon'u (Me.).10<
100 2000
First National
Lincoln
IOC 118
Appleton (.\ra8s.) 100 x645 660
120
ij
105
FirstNat.ofStatenld..
107 115
Hi)
99
Manufacturers' ...100 105
Atlantic (.Mn.s<i )...10t
1«
125
Market
100 )00 lOQij Founeenth Street. 100 170
fiamaby (Fall Rlv.)..
90
MBTketiBr ghtou).100 lOu IOOI2 Fourth National ..100 1721s 178
Barnard Mfg. (F.R ).
lOi' 107
120
Massachusetts
320
Bates (Me.)
100 119
1071a Oali.1t n National ..50
100 350
..100 251
GarHe'd
Boott Cot.(.viass.) .00( X1330 1350 iMaveriek
253
BorderCityMfg (F.R) 110 1171s Mechanics'
100 138 139
German American. .75 120 125
Boston Co. Mass. 1 000 x997 1000 Merchants'
100 147 I47I1 German ExchangelCO 290 315
1'
Metropolitan
K'O 9:iia 94
Germi-nia
275
Boston Belting . . 10( 199% 200
25 140
Bost. Duck (Mas.9.)70i lOoO 1100 Monument
100 230 235 jGreenwlch
lOi
100 350 360
Cliace (Pull Klvcr) .101
90
Mt. Vernon
135 l.SO
Hanover
Chicopee (Mass.).. 10
93 >4 93 >i New Eugland
100 167 170 [HudBon River
100
Cochtco (N.H.)....50( 390 395
100 138 138 k Importers' & Tr...l00 530 600
iNorth
Collin.s Cto. (Conn.).l(
50 180
9H 9^ North Ameri;a....lOO 128 1281a Irving
245'
Continental (Me.).10(
17
20 ;oid Boston
Leather Manufts. ICO
100 1191s 120
Cires't .Mills (F.R).10(
IOC 166
Lincoln
50
People's
100 300
163
Crvst..! a-r. H (F.R
Madison Square... 100 95 105
40
Redemption
100 139 141
Davol Mills (F.R). 100 95 lOi) jRepubilc
100 160 161
Manhattan
50
180
Dwighi; (Mass
Revere
100 12714 128
Market* Fulton.. 100 220
500 775 780
Edwards (Me.) ....100 115 117 ;Roeklnnd
IOC 148 150
Mechanics'
25
217
Everett (.Mas.".).. New
82
Second National. .)0(J
Mechanics' &Tr
25
83
260
1193
JTlntMilKs (P.R.).100
99 101
Security
lOo
Mercantile
lOu 220
Franklin (Me) ...ino 109>s 110
'ihawmut
Meichaiits'
IOC
5c 157
162
Gl'beY.Mills(F.R.)100
Merchants' Exch'e.50 123
129
116 iShoe & Leather. ..ICO
Graniie(F B
lOOi
State
100
Metropolitan
100
240
7
10
GreatFalls(.v.H.) IdO loom 101
Sntrolk
IOC
.Metropolis
100 350
Hamilton (Mass 100
990 1000 Ti>ird National.... 100
Mount Morris
100 500
Hartf Carpet (Ct.)100
90
Traders'
IOC
Murray Hill
95
50( 300
Hill (Me.)
100
100 75'a 76
T eiuont
Nassau
50 160
Holyoke W.Pow r lo< 370
lOOt 238
Union
100
New York
250
Jackson (N. H.) iOO(' 975 980
Washington
IOC
New York Connty.lOO 600
KlngPhilip (F.R.).l(iO
Webster
100
N.Y.Nat.Excti'ngelOO 136 145
110
liSCunia (Me.)
4O1
605 j615
Wlnthrop
100
Ninth National. ...100 155
162
l«nCi<8t'rM.(N H.)400 615 620
Nineteenth Ward 100 155
L'rel Lake Mills (F. K.)
110
North America
70 140 180
Brooklyn
lawrence (Mass.)lOOC X1440 1460 Bedfori
North River
30
153
lowell (Mass
690 x60O 605 iBroadway
ia3
Oriental
25 200
Iioweli Blcachery.lOt
141
Pacific
50 150
100 165
141H! iBrooklyn
IiOwell.Mach.8hop. 500 830 850
City National
Park
100 310 335
60 435
Lyman M. (.Mass.). 100 C9
70 ];CoiiinieTcial ....
People's
5 270
60 160
•
Manch. 8tci(N.H.)100 15i)k 151
Fifth Artnue
Phenix
25 140 195
130
Mass. Cotton
1 000
Produce EzchangelOO 112 116
50 550 133
1025J 1035: First National
Mechanies' (F. R.) 100
Fulton
Republic
87
90
100 187
40 200
Merchants' (F. R.) 100 105 1107
Iflamilton
Seaboard
100 165
Merrimaek Mass)1000 1270 1280| Kings County
S> cond National... 100 300
Middlesex (Mass.). 100 xl40 142
Long Island
Seventh National .100 100
100
Nashua (N. H.)
500 545 550
Mauiif acturers'
Shoe & Leather ...100 150
Nanmkeag (Ma8s.)100 110 IIOI4 Mechanics'
50
St. NIchola*
100 123 130
Kewmarket
50O 350 355
Mochanlos' & Traders'
Slate of N. Y
100
115
250
oabuin .«iliH(F.R.)l00]
110
Nassau
100
Third National. ...100 100 110
Pacilic (Mass.). ..1000x1760 1765 North Side.
[Tradesmen's
40 100
Pepperell(Me.)....500| 1345 1350 Spragiie
United States Nat.lOO 200
Pocasset (F.R.).. .100 100 105
26th Ward.
Western National. 100
100
E'Ch. Bonl'n (P.R.)100'
02
Wallfti>nnt.
West Side
100 200 215
Prn es nominal.
tBostoa bank quotations are all ex-diyldend.
« Price per share— not per cent.
Mono
56
lOO 240
Fourth St. Nat'1...10O 150
Girard National
40
Kensington Nat'1...50 114
.
!
[Ask.
First National
Nation al Laf ayettelOO
340
122i« Ohio Valley Nai'l 100 i42i» 144
H6
Second National ..100
260
128 iTUlrd National. ...100 150
60
lOifi Western German. .100 2771s 300
38 1«
chant-'
•.0 iNational
it Nortro3S..100
Hi Ivor
Comme'clal Nat
50
Comm'nwealtli Nat.50
IOII3 104
Firth National. ...100
First National.. ..100
Howard
145
117
I
2-30 BanR of
3^7o
1f<
Buroka C.>ns'>l
yathei- DiSmbt. . . IOC
j
Bid.
Piilladeli>liia.§
Bank of No. Amer.lOO 33914
Chestnut St. Nat.lOi" 118
!
•70 Fraukiin
60
.70 G( rman American. 100
El ChriBto
140
Atlas National
Chicago Nat
'
100 260
Commercial Nat., .100 300
61
114
Continental Nat.. 100 145
100 325
XI2OOI12O5 First National
lOJ
100
Fort Dearborn Nat
1200 1210 Hide and Leather. 100 137
Merchants' Nat... 100 500
130 131
215
Metropolitan Nat. IOC 375
115
-Vat. Bk. of Amer.lOO 139
50
55
Jfat.B'kof Illinois.lOO
Northwestern Nat.lOO 895
105 lOS
52
Union National.. .100
990 995
Cincinnati
85
Insurance Stocks.
Ask.
262
125
Oommerciai Bank. .50
100 I37I2 140
Equitable Nat
1'4^ F8rmor8'&Plaiiters'25
•10 FirstNat. of Balt..IOi
"•b'g
Freelaiiil
1100
250
90
Bid.
'Atlas .National. ...100
Citizens' National. 100
Citizenfe'
•1.-
Comstoitf Tiinnfl
Cansol. Cal & Va
97
Stocks.
Cblcaeo.
jAmerlcan Exch Nat.
I
Baltimore.
•25
•25
50
R) 100
Bank
80
I
B.INK STOCKS.
350
•20
2-25
(F.
York Co. (Me.l....750
•7.-
n....lOO
ChoUar
pref
Woetamoe
100
Chrysolite
do
200
CoDSol. Califoruia.lOO
Con. Imperial
R.)..100
200
OJ
•H
Astcna
(i'\
l|Tlionidik.'(.\Ia8s.)1000
1-80
Alice
BeUe
1^75HTeium8e,li
.0*
American flag
Head of First Page of <t notations.
Bid. lAsk.
(F. Riv.) 1000
Robeson
21I4 'Salmon Falls(N.H.)300 240
WestineU. Air Br'ko.5u
Adams
see Notes at
...100
Continental
Eagle
Empire City
100
40
100
Exchange...
3c
Farragiit
50
Fire Association. 100
75
140
90
135
112
108
75
235
220
80
75
108
60
German- American 100 280
Germanla
50 170
Globe
Greenwlih
Guardian
Hamilton...
Hanover...
50 100
25 170
50
15
80
5i> 140
Home
100 140
Jefferson
30 95
Kings Co. (B'klyn).20 165
Lafayette (B'klyn).50
70
Libeity
60
80
Manuf.A Bulldeis' 100 100
Nassau (Brooklyn). 50 135
National
a7is
60
iNewYoik Fire
60
100
Niagara
50 150
North River
25 75
[Pacitio
25 165
[Park
100 65
Peter Cooper
20 150
[People's...
.50
75
'Phenix (B'klyn)....5u 158
Rutgeis
25 120
Standard
.50 100
Stuyvesant
25
90
United States
25 150
Westchester
10 170
Williamsburg CI y..50 315
100
j
100
150
100
149
115
115
90
250
230
90
90
115
90
310
180
110
190
5S
190
147
150
102
170
80
70
110
140
70
70
160
80
170
70
155
83
165
125
105
100
160
180
325
jnARINF INS17R
ANOE SCUtP,
Atlantic Mutual. 1886
102
102
102
103
_.
103
Comm'cl Mul. 1873-82
60
18^7
1888
1889
1890.
105
105
105
105
106
65
FBICES OF EXCHANbli
MEinBERSHIPS.
N. Y. Slock
Last
sale,
~
Dec
N.Y.c;onsol.St'k
$18,(100 bid.
A Pet.
19,000
250
ask.
Lnst sale. Dec. 17..
250
N. Y. Produce
9cO ask.
Last sale, Deo. 17...
850
N.Y. Cotton
600 ask.
Last sale, Dec. 15...
600
375b., 460a.
N. Y.Cuft'oe
Last sale. Nov. 15...
450
N. Y. Metal
60 ask.
Last sale. Ceo. 1
40
R'l Est. Ex. & Auc K'm
1.250 bid.
Last sale
1,300
l'i,000 bid,
Boston Stock :
Last sale, Dec. 1
17,500
Philadelphia Stock
2,500 bid.
Last sale
2, .560
Board of Trade.
1,000 bid.
Last sale. Dec. 13...
1,000
Chicago Stock
700b.. 800a.
Last sale
525
Chlo.
Plttbb. Pet. St'k
& Met.
450b.,
500
.
.
DGOUfBKS
.
..
. ......
..
,
THE CURUMOLK
30, 1800.]
871
talml Muntitgi
WikorM
*
Dea
k
Jvailtoad %nUlliQtncz,
S7.PO0
31,000
a.i9»
iiibw.
iiib'r.
]HA.'29o
00,00(1
4l.4:ii
Uw>i'iii.t UK..... tK'U>b«r.
Urn. MO. A n«. Hovemlier.
Sr. Rap. All! It.. tat wk Dee
t.ln.R.A Ft. W. latwk Deo
.
The INVKSTORS' SUPPLKMKNI, a pamphlet of 150 pages
Funded Debt of State* and
Stockeand Bond» of Railroada and other
eontains extended table* of the
Cities
and of
the
published on the last Saturday of every
other vwnth—viz.. January, March, May, July, September
and November, and ui furnished irithout extra charge to all
regular subscribers of the Chroniclk. Extra copies are sold
CompaiiieK,
It
is
to subscribers of the Chroniclk at 50 cents each, atid to others
at $1 per copy.
The General Quotations of Stocks and Bonds, occupying
aix pages of the Chronicle, are published on the third
Saturday
of each month.
Latest Earning* Reported.
Week or Uo
AJab'ma MIner'i November.
AUeglieny Vai.. October. ..
Atoli.T.itS. Fe. Istwk Deo
Half owned
...
1st
wk Dec
Total systfiu. Istwk Doc
Bt L. i San K
Istwk Dec
.
1890.
$
19.43D
247.368
576,t>23
31,1SS
607.811
122.013
Half owned.. Istwk Dec
ToUS.L.Ay.F. Istwk Dec
l.")3.2l>!i
wk Dvv
701.020
Ac);. total
..
1
St
Atlanta &ruar. 8*'pteinlt'r.
Atlanta * Klor'ii November.
AUanta&W.FC Noveml>cr
Atl.
<St
Danville. .Scptenib'r.
Balt.iV I'oKiniic- October.
Bfieeh
OeeR
..
..
.*e|)tomb'r.
.
Bir.Sh.A:Tenn.R October. ..
Bufl.Roeh.&Fiii 2d wk Dec.
Bur.C.Kap.&N.
Camden &
Atl.
Ist
wk Dec
October.
.
November.
Oanadlan I'aeilli' 2d wk Dec.
Cp.F'rJkYiul.Val 1st wk Dec
Cen.KH.A Bc.Co 3 wksNov.
.\tl;uitic
.
.
.
wk Dr«
lat
.
Chin AUr.Tr.
Oet.Ur.H.*M
Wk
Wk
Dflc.
30..^!t6
13!>.X.">1
12.X11
4.1.1! 4!)
39.72(;
1889,
Jan. 1
to
Latest Datt.
1890.
1889.
2,172,511
1.908.857
.'9,113,208 24,547,003
1,362,856
1 ,569.585
30,6H2,791 25,910,1,53
6,108,082 5,564,875
122,S20
427,324
367,034
1,072,397
81.873
413.730
270,381
157.D22
5.700
86.280
16.677
40.912
71,544
47.H56
43.594
356.000
11.872
563,234
1,342.977
1,665.151
8.803
54,676
9.327
12,016
76,914
13,573
56,617
8,603
32,200
9.445
13.899
150,571
203,928
7,532
3.523,053
77,600
550,000
2,940.025
40.125
155,221
3.919
70.759
13.192
33.014
66.929
1,415,444
1,347.382
743,029
682,112
2,093,539
3,069.771
718,607
1,867,056
2,784,473
660,768
B,3tb
4,0TO
H.I
4,1
8S.671I
'l.i
21.
I.-.
Codar F.>kMtn. Novembef.
Dub. A8lo'xC. Novemlwr.
lowallumi
November
Totelall.... November.
Ind.Deo.AWeat. November.
l34.0<:o
lnt4>rno'nlo(Hxl f>c(ober. ..
Iowa Central... 2d wk Deo.
Iron Rail war... November.
3H.S1H
3.121
39,714
6.214
..
AMem.
0.139
86,127
26.360
08.026
7,040
2,972
8,762
4,800
68.009
27,181
wk Deo
1st
K.C.Meni.ABIr. Istwk Deo
Kentucky Cent .November.
Keokuk A West. Istwk Deo
Kinirst'n
A
Pern 2d
A
wk Nov.
d wk Oct.
KrieAII.ASo November.
Knox.C.li.
Erie
A
L..
We«t*. Ikt
WkDec
LehlKbA Hud.. November.
L. Rock A Mem. 1 st wk Dec
Long Island .... November.
17.0.59
295,088
88.119
27.013
Lonia.AMo.Uiv. Sept«mb'r.
Louia.Ev.ASt.L. 2d wk Dec.
Luiiisv.ANa.sbv. '2d wk Dec.
Louis. N. A A Ob. 2dwk Dec.
N.AACor. November.
LouiBV.N.O. AT. 2d wk Dec.
Lou.8t.L.ATex. Ithwk Nov
Lynchb.ADur'm November.
Memphis A Cha.s Istwk Dec
IVexlcan Cent... 2d wk Dec.
|M ex. National 2d wk Deo.
JMexloan R'way Wk Nov.22
Mll.USh.AWest 2d wk Dee.
Milwaukee A No 2d wk Dec.
Mineral ItanBC. November.
Miuneap. ASt.l.. November.
M.St.P. A 8.S.M. November.
Mo. Kan. A Tex. November.
Kan. V. A Pac. November.
38.5.770
51,657
919
U>ui8.
1,210,6.58
>a
I.I04.
ii.rn
I7n.i«r
iih!
.
L.
L.
e
23,218
242,948
560,164
24,340
684.504
121,743
23,765
145,508
730.012
134.105
12,326
47,913
36,015
30,441
'
353.
71
6
Dee. n
Qult*Clilea«>>. Novembor.
UoiiMtoDle
October.
UaraHt'DADheD NoTcmtier.
tacen.dll.Aiio.i November
K.(;.F.8.
47,570
39,965
310,000 16,714.549 14,672,184
370,570
520,978
8,123
546.827 7,520,773 6,898,103
Central of N. J.. October.
1.305,160 11,255.536 11,213,475
Central Paclflo.. October.
1,538.760 13,292.620 13.208,.550
84,501
72.934
8.864
Central of 8. C. 8ept«mb'r.
60.774
Cenlr'l Verm'nt. Wk Deo. 6
Not
10,172
N.London
WkDeo. 6
742.238
661,810
12,255
Ocd.&LakeCii WkDec. 6
82,830
Tot. system. Wk.Dec.13
89.230
Char.C'in. AChic Septemb'r.
491,615
557,46
51 ,266
Charleat'nASav October. ..
21,533
46,187
3,428
Char.Siim.ctNo. Septemb'r.
252,022
332.432
31.497
Chat.K'me&Col. November.
98.926
106.104
8.186
Cbatt'n'eaUni'u November.
70,845
88,999
10,490
Cheraw. &Darl. October. ..
127,770 7,377,121 5,850,031
Ches. A Ohio .... ad wk Dec.
1,937,998
1,048,244
189,713
Ches.O. & 8. W. Novemlier.
53.234
54.978
6.449
Cuea. & Lenoir scplemb'r.
3,464.594 29,442.173 27.900.262
Chic. Burl. & Q. October. ..
57,.500 3,033,204 2..553.H39
Chic* East. 111. 2dwk Dec.
539,687 25,250,563 24.669.417
Chic. Mil. & St. P. 2dwkDec.
2,979.807 23.316.062 21.488,864
Chio. AN'thw'u. October. ..
269,785
299,485
37.129
Chic.Peo.JtSt.L. Seutcmb'r.
Chic.tiockI.it P. November. 1,330,114 1,394,255 15,617,998 15,308,035
4,164.900
552,195 4,947.551
Chic.rit.L.&Pitt. fieutemb r.
622. 17J
86,043 4,095,877 3.158.587
91,499
Chlc.8t.P.<tK.C. Istwk Dec
758,726 5,596,809 5,170.168
763
Chlc.St.P M.AO. Octol)er.
25,650 1,495,280 1,292,911
29,430
Chic. & W. Mich, lat wk Dec
15,546
13,241
Cliippewa Val .. November,
60,680
61.604
5,384
5.472
Porta.
&
Novenilier.
Cln. Ga.
583,170
031,052
13,183
12,796
Cin. J.ack & Mae. igt wk Dee
3.643,759
4,150.333
85,010
&T.
P.
84,216
Oln.N. O.
Istwk Dee
43,081 1,818.900 1,747,909
35,158
Ala.Gt.8outh. istwk Dec
063,2ii8
24,439 1,146,583
22,833
N.Orl. & N. E. ut wk Dec
555,712
628,751
15,-535
13.801
Ala. & Vicksb. istwk Dee
5.57,192
565.753
12.554
11,791
<t
P.
Vicks. 8h.
ist wk Dec
ErIauKer Syst. istwk Dec 107.819 1&0,619 8,308,320 7,468.140
17.595
- 1,694
18.483
1,549
Cinn.Nortbw'n. November.
489,927
634,760
41,43
52,280
Cin.Wab.&MicU. November.
6.*3.971
795.779
14.75i
16,298
Clev.AkroUifeCol istwk Dec
362.423
470.598
44.122
58,141
Clev. & Canton.. October
Cl.Ciu.Ch.&H.L utwkDcc 201,408 247,376 12,287,434 11,802,117
29,265
26,322
Peo. & East'n. istwk Dec
240.729
366,696
22.687
29,887
Clev. & Marietta November.
26.242 1,759,842 1,506.004
37,232
Color. Midland., ist wk Dee
2,301.536
2,776,180
228.385
275,038
Col. H. V. & Tol. November.
24,233
21,394
2.560
2,158
Colusa <St Lake.. November.
100,330
133,400
14.735
1.5,601
Covin, it Macon. November.
86.983
98,900
Cumberl'nd Val. Bepteiub'r.
458..^67
4.56;649
43.902
41,528
Day Ft.W.&Ch..iNoveuiber.
7.630.511
Denv. A Kio Or. 2d wk Dec. 193,500 164.500 8,385.086
.'6.283
106.880
5,109
10,133
Dea Moin. & No. November.
108,9115
198,745
17.231
16.303
Des M. & N'west November.
462,806
48«,n»i
7.1-.:9
8.167
Det.Bay C.i Alp 1st wk Dec
20,639 1,135,095 1,051.883
20,675
Det.Lans'g&No Istwk Dec
33,886 2,147,005 1,815.589
25,884
DuluthS.S.&Atl 2dwk Dee,
4.0'>5.4O4
K.Teun.Va.AGa.,Heptemb'r. 609.210 625,575 4.928,132
421.2-19
,509.3851
51.446
51,041
Kuoxv. cfeOliioHeptembV.
6,901.522
Total system. Isiwk Dec 149,086 145,352 7,005.548,
227.099
492,794
39,624
59,779
ElKi"Jol.AKa,st. October. ..
683,508
682,604
77,802
76,«10
KlTz.Usx.AB.S... [October...
10.956
29.829
1,325
1,969
Empire \D'bliu October...
299.793
288.815
6,843
5.951
Bvan8.AInd'pll»-|2dwk Deo.
891,688
001,936
18,168
19,335
Xvansv. & T. H. 2dwk Dec.
639,081 660,161 5.376,641 4,954.681
Octolior. ..
ntobburg
47,886 2,724.601 2.204.744
60,866
Flint, ii P. Marq.llst wk D«o
Canada
llnrji.
Kanawlia.VMIcn latwk Dec
Kan. C. (;i.AHp Isi wk Deo
B.&O.East Linos November. l,51st.2()8 1,,506,3T8 17,094,421 15,691,221
Western Linos November. 477.4%8 453,071 >.200,683 4,604,878
Total
November. 1,995.72.1 1,959,449 22,.'J01.103 20,290,100
Bal.&O.SoutUw. 1st wk Dec
52,955 2,197,994 2,026,914
53,001
Bath & Ilam'dpt October.
Other
ToUl »ll llnex. tal wk Doc
anodTruok. .. Wk.Dfie.l3
J'k'nv.T..tK.Wo October.
RAILROAD EARNINGS.
BOADS.
iMa
Itoa
A!TO
Mobile
Mobile
A Birm.. Istwk Dec
A Ohio.. November.
Mont«royAM.U October...
Nub.Ch.A8t.L. November.
N. Jersey
A N.Y.
October.
.
Mew Orl. A Gull November.
N. Y. C. A H. R. November.
AW.
October.
N. TT. L. E.
N. Y. Pa. A Ohio October...
AN.Eng..
October.
N. Y.
N. Y. ANorthli. November.
Y.Onfc&W.a 2d wk
Dec.
N.
N.Y. Susq.A W. November.
Norfolk A West 2d wk Doc.
N'theast'n(8. C.I Septemb'r.
Nortb'u Central. October. ..
Northern Pacitlc 2d wk Dee.
OhioA.Misa.... 1st wk Dec
A North w. November.
Col. A Maysv November.
st wk Dec
Ohio Kiver
Ohio
06,864
11,620
13.800
41.858
L.
Pennsylvania
..
Peona DecAEv.
Petersburg
Pblla.
Phila.
A Erie...
A Read's
CoalAIronCo.
Total both Cos.
A
Ch.
Pitts. Mar.
West'u
Pittab.
A
Pitt8.Ciev.AT.
Pitt. Youug.AA. November.
Pt.Koyai AAug. Septemb'r.
PtKoy.AW.Cai. Heptemb'r.
•peg.A.\rlz.Cen. November.
Qulncy O.A K.C. November.
Rlch.ADauville. November.
Vir. Midland .November.
Char.Col.AAu. .Vovciuber.!
AGreenv. November.
West. No. Car.
Georgia Pac
Wu3b.0..t W..
Ashv. A Span.
Total Bys'iu.
. .
],4iH,41tl
37.7nrt
33.7«n'
4.678
4,985
101.167
31,435
101.A70
H.3HII
341.751
32U.708
2.006
6.055
61,839
0'2.84<>
2.84.5*<l»
20/i^O
17.189
247.829
32 ,628
662,060
1
8,a7oioi
3,693,403
303.634
831.703
20.722 1 ,26>4,206 1.009,910
395.030 1H,267,"291 17.146.811
43,884 2,513,070 2,366,067
4*4.271
883
93 068 2.880,688 3,700,948
9.264
2.650
40.6'26
363,496
102.115
1.703.020
6,047,177
3.637.097
3.636.021
131,0-23
734
843
100.3M
1,321.608
1.473,171
6.074. 13&
•^58
2.731
3.196.460
204.876
160.111
33.073.008
'22.844.90t
0/103.388
4,686390
639.911
1.8113.838
1.27 8.aM
6.890.606
442.7M
8,60><
5.041.afb
21.017,898
642.733
13.961
54.9521
5.069,
.
PitU.Paiu.AF. Septomb'r.i
Total system 2d wk Dec.
Ool.
l,69H.21f2
3.816378
1984190
10.190
632.334
480.949
154.728
413,708
12,482
608,7'27
53,289
215,783
3.812
607,571
52.905
55,593
October.
3..571.175
3,762,651
414,646! 390.362
^
October...
6,192,901 5,857,772 55,237,073 50.526.381
October.
691.416
731,43
13,1.52
15,3191
2dwk Deo.
392.703
448,928
35,1-6
40,«55
October.
3.U10wl94
4.317.487
508,0091 495,103
October
2.123,831 1,930.114 17,383.738 10,007,800
October.
2.151.900 '2.230.011
October.
October. .. 4,275.731*4,100.125
33.7331
19.708
1.829
3.0671
November.
133,430 118,082 1,001.431' 1,040.791
Septemb'r
34.672
39,115
Heptemb'r.;
1
Oregon Imp. Co.
'2.08H
4'i.260
134.160
81.018
60.771
73.983
91.060
02,167 3.691, 7 ti5
60.629
26.744
36,306
112,039
9.011
10.128
142.200 154.762 1,358,078
197.367 200.025 1,851,'260
812.929 803,455 7,777,9*1
24,744
27,969
246,956
6,233
6.663
344,780 289.079 3,096,52'^
387.403
43,917
328.827 293.989 3,437,432
222.918
24,443
24.235
138.373
21.0O8
19.117
33,174,686
3,099,581 3,113,405
2,712,738 •2,805,002 24.300.640
656,929 872,058 6.016.322
678.917 538,346 5.039,631
474,653
46.057
36,607
38.224 2,225.551
46,208
1.462.210
146,300 13.3.345
173,434 175.147 6,868,047
514.431
42.444
47.6'22
690.386 630.834 .5.5<!0.106
526,295 407,606 23.181,182
93,272 3,9OI,l06
90.610
207,371
19,000
19,142
Ohio Boutberu.. November.
Ohio Val. of Ky. Ist wk Dee
Omaha A Sts.
«5.O70
37,160
November.^
November.,
November.
November.
1st
wk
Deo;
Ucb. A
Petcrsii. October.
2d wk Deo.
Bio Gr. West.
Eome W. A Ogd. lOotober. ..
.
.
23,676,
87.S7a
98,684
81.636
34,344'
14,763!
21,3761
631.600
2O4.03M
96.300!
97.100
79.370
176.600
11.9251
12.280;
2-13.950
26,285
46.300
866.236
8.902
27.668
S8.180
137,407
>AH. November.
Bag.TuscoIaAH.
BuI* A. AT.B.B'1.1 1st wk Dec
Bt.U Ark. ATox. 2d wk Dec.
81. Paul A Dul'tb November.
Bt P.Mln.A Man. November. 1.376.649
164.797
East, of Minn. Novemt>er:
MontanaCenU November, 116.368
--^-i,. , ..-,„.
Total Sva'm. November. '•?5S'oJrt 'f?\"«n:i
B.Ant.AAr.l*»ss November.; 170.8201 175,66.1
i.yran.*N.P»o. 4thwkNov
SJ-'S
44.933
Bat. Am. A Mod. November.
71.288
BelotoVBLAM.E. October. ..t
8.800'
Baattle 1,. B. * G. 2d«-k Dee.'
BMBAnilMtli Val November.!
'
BtonzCltyANo. October.
..'
'1I:SS
.:::...:>
.*7.«»
.
.
-
..
.-......
.
THE CHRONICLK
872
Latest Earnings Reported.
BOADB,
Week or Mo
1890.
Jan. 1
1889.
to Latest
1890.
Bate.
.
So. Paoiflc
..
Morgan' sL&T. October.
..
».Y.T.&Mex.
..
..
October.
October.
October.
October.
October.
Tex. & N. Orl.
Atlantic sys'm
Paoiflc system
Total of all.,
o. Pac. ER.—
October
(Cal.)
..
..
..
.
. .
Bo. Div. (Cal.) October.
..
Arizona Dlv.. October.
..
October.
..
New Mex. Div.
I. Rap. T.
BtonyOl.&CMt..
Bniumit Branch.
Btaten
Lykens Valley
Tal.& OoosaVal.
Xenn. Midland..
November.
October.
..
November.
November.
November.
November.
2d wk Dec.
Texas APacitlc.
T0I.A.A.&N.M. 1st wk Dec
Tol. Col. &Cin.. 2dwkDec.
X0I.& Ohio Cent. 2d wk De«.
T0I.& O.Cen.£x. November.
Tol. P. & West. 1st wk Dec
Tol.St.L. &K.C. 2dwkDec.
Tol.&So.Haven. NovemberUlster* Del.... October. ..
Union Paoiflc—
Or.B.L.&U.N. October
Or.Ry.&N.Co. October. -.
BtJo.&G'dlsl. Ist wk Dec
Un.Pac.D.&G. 'October. ..
. . -
All oth. lines.
Tot.U.P.Sys.
Oent.Br.&L.L.
Tot. cont'lcd
.
Joint.own'd.'a October.
224,271
641,269
205,823
102,554
65,000
2,496
119,075
79,995
7,140
24,098
166,703
20,080
4,913
29,040
10,756
18,484
32,150
2,063
32,408
701, 520
595, 846
24, 163
total. .October.
204,401 1,964,538
547,769 5,412,988
175,023 1,673,399
77,825
866,653
54,476
945,815
2,692
50,207
101,680 1,013,583
95,376
880,212
6,699
70,968
19,918
193,673
188,749 6,859,388
21,782 1,059,877
5,681
296,401
27,924 1,425.049
8,216
98,691
17.955
876.668
31,010 1,474,841
2,746!
24,370
30,415
319,498
633,742
546,855
41,095
504,397
1,832,086
5,119,668
1,529,149
783,010
876,489
47.335
1,099,621
837,334
60,054
171,112
6,465,404
925,042
245,474
1,200,611
87,508
858,124
998,054
22,237
278,421
6,210, 214
3,910, 667
372,414
762.939
149,529
743.413
l,23i!, 523
..
..
52, 686
4,436, 022
244, 355
Western of Ala. November.
56, 507
October.
..
W.V.Cen.&Pitts; October.
..
West V.&
..
Pitts. October.
516,5.i4
& Pa. 2dwk Dec.
Wheeling &L.E. 2d wk Dec.
Wil. Col. & Aug. Septemb'r.
Wisconsin Cent. 2d wk Dec.
Wrlghtsv.&Ten. October. ..
374,280
662,444
036,724
624,110
24,549
28,047
338,353
•
3, 448
4, 464
242, 000
West Jersey
408,471
111,967
609,585
28,099
183,953
- -
Vermont Vallev October. ..
Wabash
2d wk Dec.
Wab. Chest. &W. October. ..
* Ft.
1,234,382
84,201
575, 985
4,775, 432
October
2,329, 842 1,504,263 19,845, 726
October. .- 4,306, 692 ,,301,428 35,859. 783
October. .76, 613
95,669
857, 371
October. -- 4,383, 335 4, 397,096 36,717, 154
October...
97, 461
80,327
786, 839
U.S'kYds.&T.Co November.
West.N.Y.
1,408,088
92,067
3,528,225 3,239,403
965,406
885,401
4,413,978 4,175,489
177,349
145,218
1,566,049 1,386,770
1,340,005 ,312.078 10,651,003 9,832,280
3,538,305 !,282,058 29,173,028 28,681,992
4,928,310 ,,624,136 39,824,030 33,514,272
469,691
114,341
556,193
25,674
174,107
Montana Uu..
Leav.Top. & S. October..
Man.Al.<& Bur. October.-Grand
139,292
10,720
Co.—
GaJ.Har.&S.A. October.
Louis'a West- October.
Ko.Div.
144.000
12,876
17, 936
6,
043
125, 770
103, 840
12,
66,
515
400
21 ;432
94,,391
91 ,512
10, 676
week of December.
1890.
3,064
26, ,388
3,717
31, 679
43,554
422, 453
440,651 37,139, 607
,375,077
233.792 2,468, ,407
,109,717
17,607
164: 298
160,775
253,118 12,410, ,119 12,,376,983
7,475
63.192
499,600
497,621
116,535 1,410,934 1,320,476
70,145
801,810
619,251
9,364
64,700 3,447,001 3.297,034
18,972 1,111,033
867,334
75,611
702,566
617,783
96,717 5,000,384 4,079.207
8,653
73,501
66,499
Cln.
<fc
Louisville included for both years sluce July
4,612.118
576,623
31,188
122,6)3
30,596
53,001
71,544
91,499
.
Roads J'tly owned 12..
St. Louis & 8. Fran
Roads J'tly owned H
Bait. & Ohio Southw
Burlington C. E. & No...
Chicago St P.&Kan. C.
Chicago & Grand Trunk.
Chicago & West Mich
. .
.
Colorado Midland
Detroit Bay C. & Alpena.
Detroit Gr. Hav. &Mil...
East Tenn. Va. & Ga
Flint & Pero Marquette.
Fla. Cent,
tfe
Peninsula...
Kansas City
Kan. City Ft.
Kansas
C.
CI.
8.
& Spr
& Mem.
.
Mem. & Birm.
Keokuk & Western
Little Rock & Memphis.
Louisv. N. Alb. &Chic...
Memphis & Charleston. .
Mobile & Birmingham. ..
Ohio River
Ohio Va) of Kentucky.
.
.
Rich,
cfe
Danv.
St. Joseph
8t. L. Alt.
<fe
(8 roads)
Gr. Island..
.
&
T.H. Brches
Toledo Peoria & Western
Total (91 roads)
Set increase (4-35 p. c).
1
ings in the foregoing table are separately
latest
weekly earn-
summed up
as fol-
lows:
week
of
which have thus far reported for the second
December there is a gain in the aggregate of 4-46 per
88 roads
cent.
2rf
week of December.
Buttalo Roch.
1690.
& Pitts
Canadian Pacific
Central Vermont (3 roads)
& Ohio
Olilcasro ic East. Illinois-.
Chicafio Mil. & St. Paul..
Denver & Rio Grande
DuluthS. 8. & Atlantic.
Evansville & ludianap...
Evans. & Torre Haute...
Chesapeake
. .
-
--
Grand Trunk of Canada.
Iowa Central
Louisv. Evansv. & St. L.
LouisvUle & NashvUlo.-.
LoulB. N. Alb. & Chic
Louisville N. O. & Texas.
Mexican Central
Mexican National
MUwaukee
L. 8h.
&
ft
est.
Milwaukee & Northern..
New York Ont. & West.
Norfolk <fe Western
Northern Pacillc
Peoria Decatur & E vansv.
Pittsburt' & Western
Rio Grande Western
Bt. Louis Ark. & Texas.
.
Seattle L. 8. & Eastern.
& Paciflo
Tol. Col. & Cincinnati
Toledo & Ohio Central...
Texas
Toledo
&
Kan. City.
(consol. system).
St. L.
Wabash
Western N. Y. &Penn...
Wheeling & Lake Erie...
Wlaoonsin Central
Total (38 roads)
_ Net increase (446
The
-
1889.
40,912
356,000
33,6111
76,9141
150,571
77.600
i
556,000i
193,500
25,884
5,9511
19,335
353,3151
33,313
27.013
385,770
51,657
06,854
131,023
69,771
50,529
35,308
46,298
173,434
526,295
15,319
37,870
46,300
98,180
8,890
166,703
4,913
29,040
32.1.50
242,000
66,400
21,432
91,512
310,000
82.830
127,770
57.500
539.687
164,500
33.886
5,843
18,168
391,614
37,160
20,723
395,030
43,884
93,558
134,160
81,018
62,157
26,744
38,224
175.14^
407,606
13,152
38,368
25,250
112,808
6,174
188.749
5,681
27,924
31,010
253,118
64,700
18,972
96,717
4,348,950[ 4,163,445
p. 0.)
hwrease.
Decrease.
7,298
40.000
22,801
20,100
16,313
29,000
108
1,153
6,291
7,773
3,296
8,564
8.074
118,689
2,167
38,299
9,260
3,137
11,247
11,628
1,713
'498
21,050
'"2;716
li'.628
22,046
1,116
1,140
1,700
2,460
768
11,118
5,205
328,976
185,511
143,465
statement for the first week of December covers
91 roads and shows 4'35 per cent gain.
final
,
387
12,800
1,546
14,032
2,943
10,990
1,038
465
4,334
2,979
7,468
4,154
15,040
5,085
449
370
6,534
1,232
420
1,479
1,227
30,275
16,932
3,623
529
138,731
.
.
1,035,075
.
.
.
.
-
.
.
,
7,260
132,202
858,643
966,416
11,308
977,725
281,082
12,971
294,053
1,271,778
4,725,145
19,720
4,744,854
1,820,419
2,256,566
11.313
2,267,879
798,227
16,620
814,847
3,082,728
.
.
Net Earnings.
1890.
1889.
4,569
126,500
964,241
1,035,296
379
$
19,312
19,488
242,948
247,368
Jan. 1 to Oct. 31... 2,172,511 1,968,857
Atch. Top. & 8. Fe .Sept. 2,989,205 2,580,799
148,344
110,750
J'tly owned, (H). do.
Total
do. 3,137,549 2,691,550
625,931
582,531
do.
St. L. & San Fran.
do.
144,681
107,869
J'tly owned (^a)
770,612
690,400
Total
do.
do 3,908,161 3,381,950
Grand total
Atch'n.Jamlto Sep.30. 22,663,104 18,589,894
do. 1,214,690 1.075,048
ownedCs).
J'tly
Total
do- 23,877,792 19,664,935
do. 4,684,725 4,222,770
st. L. & San Fran.
Atch'n.J'ly ltoSept.30- 8,170,006 6,905,149
330,9-9
do410,491
J'tly owncd(^)do. 8,581,095 7,236,139
Total
do- 1,783,847 1,668,009
8t. L. & San Fran,
401,305
322,774
do.
J'tly ownod(J2)do- 2,190,151 1,990,783
Total
do- 10,771,248 9,226,923
Grand total
Baltimore & Ohio—
LiuesE.OhioRiv-HNov- 1,518,267 1,506,378
Jan. 1 to Nov. 30--- 17,094,421 15,691,221
Oct. 1 to Nov. 30... 3,236,176 3,250,731
477,458
453,071
Linos W. O. Riv..TINov.
Jan. 1 to Nov. 30... 5,206,683 4,604,878
995,756
961,200
Oct 1 to Nov. 30.-Total System
H ^fov- 1,995,725 1,9.59,449
Jan 1 to Nov. 30... 22,301,103 20,296,100
Oct. 1 to Nov. 30... 4,231,932 4,211,931
Oct.
157,522
155,221
Bait. & Potomac
Jan. 1 to Oct. 31... 1,415,444 1,347,382
172,326
227,331
Buff. Roch. & Pitts. irOct.
Jan. 1 to Oct. 31... 1,808,669 1,623,795
832,964
679,022
July 1 to Oct. 31...
387,470
358,521
Burl. Ced. Rap. & No. ITOct.
Jan. 1 to Oct. 31... 2,679,982 2,435„504
July 1 to Oct. 31... 1,272,621 1,157,904
47,956
Camden & Atlantic.TIOot.
47,570
718,609
660,768
Jan. 1 to Oct. 31...
Canadian Pacific
*Oct- 1,766,447 1,707,000
Jan. 1 to Oct. 31... 13,269,549 12,448,184
48,334
Cape F. & Yad.Val. .TFNov.
38,902
Jan. 1 to Nov. 30
509,106
362.447
July 1 to Nov. 30...
260,561
172,136
Central of Georgia.. Oct.
942,386
918,978
Jan. 1 to Oct. 31... 6,957,539 6,351,276
July 1 to Oct. 31... 3,086,012 2,923,616
Cent, of New Jersey. Oct. 1,342,377 1,305,160
Jan. 1 to Oct. 31... 11,255,536 11,213,475
Central Pacific
HOct- 1.665,151 1,538,760
Jan. 1 to Oct. 31... 13,292,629 13,208,550
Chattanooga Union. If Oct.
10,179
8,900
Jan. 1 to Oct. 31...
96,749
90,740
Cniesai)eake & Ohio. -Oct
705,734
623,235
Jan. 1 to Oct. 31... 6,399,591 5,024,809
July 1 to Oct. 31... 2,791,644 2,428,813
Ches.Ohio & South Sept
206,419
201,256
Jan. 1 to Sept. 30... 1,532,437 1,527,689
.
1,167
2,829
3,780
$
.
8,002
46
4,615
5,456
$
$
-
5,916
434,734
296,003
Gross Earnings.
1890
1889.
,
Road,i.
.
On the
6,806,261
870
6.831
—
.
Weeks.—The
7,102,264
82,266
convenience of our readers all the roads making returns are
brought together here in the week in wliich we publish our
monthly article on net earnings say on or about the 20th of
the month. A paragraph mark (lj) added after the name
of a road indicates that the figures for that road have not previously been given, but appear for the first time in this issue.
.
Latest Gross Earnings by
1
Decrease,
yet Earnings Monthly to Latest Dates.— The following
shows the gross and net earnings to latest dates of all railroads
furnishing- monthly statements. The compilation includes
every road from which we can get returns of this character,'
and in that form is given once a month. Early returns are
published from week to week, as soon as issued, but for the
. .
in 1890 and Utica Clin
ton & Bing. included for both years since July 1. 1 Mexican ourrenov.
Main
Line.
From
October
1, 1890, the Great Northern runs its own
g
trains over the Eastern's track from Hinckley to West Superior.
297,134
16,459
6.848
29,430
12,796
167,819
16,298
261.408
26,322
37,232
8,167
21,138
149,686
- 50,865
37,909
9,139
86,127
26,350
7,940
17.559
53,495
41,858
6,653
13,961
5,069
283,950
24,163
27,668
18,484
4,397,250
560,164
24,340
121,743
23.765
52,955
66,929
86,043
74,425
25,650
13,183
180,619
14,752
247,376
29,265
26,242
7,129
20.673
145,352
47.886
30,441
4,985
101.167
31,435
8,389
17,189
46,961
40,626
6,233
12,482
3,842
253,675
41,095
24,045
17,955
71..596
Cincinnati Jack. & Mack
Cln.N.O. &T.Pac.(5 roads)
Cleveland Akron & Col
Cleve. Cin. Chic. * St. L
Peoria & Eastern
Alabama Mineral .HOct.
Allegheny VaUey HOot.
1.
o New coal extension operated since July 21
7>jcrea»«.
$
Prev'lyreport'd(46roads)
At. Top. & S. F. system .
.
Wayne
1889.
1889.
»
South Carolina November.
Bpar. Un. & Col. Septemb'r.
1«(
iVOL. LI.
292,158
5,146
297,304
1,332,980
6,791,139
123,745
6,914,885
1,944,395
2,505,205
12,114
2,517,317
823,593
23,064
846,656
3,363,977
541,796
5,646,003
1,169,554
78,038
883,081
199,641
619,834
6.529,084
1,369,195
64,122
377,350
69,107
590,868
244,095
122,012
673,434
341,462
1,684
159,187
•826,403
4,929,001
19,139
216,582
115,322
318,040
1,498,069
861,541
667,051
4,823,212
759,756
5,077,773
3,652
37,441.
217,835
1,470,533
855,681
78,628
558,019
545,847
5,538,946
1,302,867
102,983
939,296
261,228
648,830
6,498,243
1,564,095
21,264
311,204
48,786
476,991
235,590
126,875
636,388
328,075
def. 1,808
164,242
*848,471
4,853,042
20,156
165,120
78,632
395,211
1,599,357
884,257
625,087
5,010,863
674,682
4,946,333
3,065
33,784
200,575
1,224,476
812,507
90,357
636,442
.
Dkokmbbr
IHK CHROMCLK
no, itnio.j
,
ffroM
EarHlHf —
.
.
Hit fam<H<w. —
1890.
ISMll.
IHIKi.
Jan.
I
tu
Oat
'
•
'
"•',1101
31...21,70tl,5rt3'J
July 1 to Oct 31. .10,002,135
5:)-.MU.-j
Cblo HI. 1.. A IMtt<ll).H<^l)t.
022,172
Jnn 1 to H«i>t. 30... 4,Ui7,3}4 4,I64,UU4J
12m,4AO
Ohlc. <t WoHt Mloh.Oet.
130,335
Jan. 1 to Oct. 31..
1,333.132 1,154.107
Cln.N.O.ATcx.Pw.'Oct.
413,200
3^3,875
Jan. 1 Ui Oi'U 31... 3,0h3,3,V5 3,1M(i,1HU
July I to Oct. 31... 1,SU3,240 1.431,ntll
NowOil.A N'ea»t.TOot.
107.117
10.1,332
Jim. 1 to Oct. 31... 1,013,032
Ha5,130
July 1 U) Oct. 31...
36>*,137
340.O74
Alal>uinu.&Vloka.1|Oct.
UO,0«44
70,33S
Jnn I to; Oct. 31...
54.5,226
467,441
July 1 to Oct. 31...
215.103
201.H31
Vloks. Sli..SPac..1IOct.
68,557
78,1574
Jan. 1 to Oct. 31...
4-^5,376
*74,277
July 1 to Oct. 31...
214, lUO
216.260
Olev. Akron ACk)1..1IOct.
7M,380
68,511
Jan. 1 to Oct. 31...
706,170
617.267
July 1 to Oct. 31...
301,477
271,142
dovel'd & Canton... Oct.
44,122
08.141
Jan. 1 to Oct. 31...
470.508
362,423
July 1 to Oct. 31...
224,225
160,!)40
Olev. CIn. Ch.&St L.Oct. 1,180,760 1,160,216
Jan. 1 to Oct. 3 1 ... 10,872,526 10,303,803
July 1 to Oct. 31... 4,541,800 4,100,400
Clev.A Marietta... Sept.
21,223
34,085
Jan. 1 to Hept. 30...
240,421
103,107
July 1 to Bopt 30...
67,031
08,368
Ool.H.Val.&Tol...1lbct.
230.801
S40..5e8
Jan. 1 to Oct. 31... 2,501,142 2,073,151
Colorado' Midland.. Sept.
1.16.202
108,144
Jan. 1 tuHept. 30... 1,401,201 1,211,181
July 1 to Sept. 30...
420,083
484,023
DayfuKt.W.,.'feCblc.!IOct.
43,601
48,872
Jan. 1 to Oct. 31...
414.603
414,321
Denv. & R. Grande. ITOct.
816.220
872,189
Jan. 1 to Oct. 31... 7,228.586 6,583,011
Det. BayCitviAi.TNov.
31,123
31,210
Jan. 1 to Nov. 30...
480,7 J7
455,737
Dot Lans. i HorMi.Oct.
111,490
117.312
Jan. 1 to Oct 31... 1,020,065
938,030
523,575
£a3tTeiin.Va.,&OaSopt.
6<)9,210
Jan. 1 to Sept. 30... 4,028,132 4,065,404
July 1 to Sept. 30... 1,744,124 1,461,225
KnoTV. & Ohio.. .Sept.
51,446
51,644
424,289
Jan. 1 to Sept 30...
309,385
145.281
July 1 to Sept .10...
182,800
577,021
Total system
600,854
Sept.
Jan. 1 to Sept 30... 5,437,517 4.489.681
July 1 to Sept 30... 1,923,930 1,606,500
39,624
59,770
El(!rinJoUot&K....T|Oct.
227,099
Jan. 1 to Oct 31...
402,794
69,409
EUz. Lex.&BlK8an.8ept.
74,077
606,116
605.694
Jan. 1 to Sept. 30...
1.325
1,969
Emplre&DubUn....1IOct.
10,956
29,829
Jan. 1 to Oct 31...
5,204
July 1 to Oct 31...
13,260
208,278
Flint & Pere Marq.. Oct.
234,042
Jan. 1 to Oct; 31... 2,458,434 1,972.396
79,752
88,398
Fla.Cent& Penln..8ept.
816,279
859,880
Jan. 1 to Sept 30...
235,019
248,396
July 1 to Sept 30...
176,895
188,290
Oct.
QeorKiaRB.Tr
Jan. 1 to Oct 31... 1,485,146 1,320,728
528,177
623,770
July 1 to Oct 31...
40,613
70,287
Oa. Southern A Fla.TI Oct.
254,342
599,847
Jan. 1 to Oct 31...
132,376
July 1 to Oct 31... 278,804
216,211
230,201
GrandRap. &Ind..i;Oct.
Jan. I to Oct. 31... 2,214,761 1,932,398
276,728
292,365
Oct
Total STstomlT
2,791,194 2,479,688
1 to Oct. 31
J^
.
Gr'ndTmnkof Can.1iOct
371.949
„ 401,317
3,359,628 3,334.142
Jan 1 to Oct 31
jSfy 1 to Oct 31... 1,470,328 1,515,164
73.861
71.211
Chic* Grand Tr..t;Oct
606,731
639,335
Julv 1 to Oct 31
270;350
26i;547
jS.^ 1 to Oct 3l".:.
23,249
23.870
DetGr.H.&MU..1IOct
181.763
194,102
Jan. 1 to Oct 31...
85,104
88,944
July 1 to Oct 31...
.
$
S
-.
I,II70,5.VJ
Kaokok
.1.733.442
kBrt." "•
1U1,5A0
1H3,000
Inc. 385,872
«M,I4«
40,710
MHM12
308,2110
l.OOO
1,227,M»3
544,0<K)
104,07
1, OHO, 170
1.1
802.2.-).l
27.000
37.000
230,000
147,3,17
70.000
84,000
28,000
30,000
115,000
121.tH)0
40,000
67,0OO
21,000
34.()<K)
48,000
Ol.OOO
43,00O
03,0«X)
20,252
16,1)21
187,840
154,120
82,532
72,038
21,002
16,681
163,130
117,043
85,s47
56,760
387,263
308,445
3,773,867 .1,473, 1;I8
1,542,0,5 1,576,201
8.734
3,405
54.111
41,821
22.537
13,145
132,823
125,005
1,003,000
870,430
55.085
50,330
463,331
304,001
167,288
150,430
10.070
13,075
90,033
74,075
380.427
386.302
3,035,701 2,605.777
10,522
11,300
220,807
2*1,020
41,031
33,475
337,854
245,767
10J.839
237..'*51
1,303,010 1,632,166
328,416
619.133
6,404
18,487
116,947
1C3,681
4."),303
54.040
201,243
256,038
1.642,.537
1,79.5,846
573,720
23,262
183,821
29,534
240,978
673,173
17,807
36,073
30,824
103,934
394
575
16,889
7,008
90,093
726.675
10,631
157.312
21,217
79,559
608,497
235,513
10.321
214,348
99,631
6,061
2,780
72,933
626,461
114.045
13,804
68,956
409,295
156,553
i6,245
124.511
63,247
6?.1?9
761,012
87,737
960,885
665,527
110,959
818.497
105,736
986,439
437,139
16.562
154,380
59,304
7,425
47,293
27,426
129,176
004,642
472,235
10.805
148,113
63,736
7,054
43,817
26,368
9
'"ffilsE^ilis'S ill
a.\l;St3I-.
,....3.
..3M«
130',151
111,799
403,657
3.934:670
.
•^""j^^^^lJ'^f';
451,075
3,997:436
*
1,332,172
0,U»a,lH3
,7,379
JH?!
S
H
ii
I
-
•
•
§1
,_„
30,012
169.502
1,287.180
S03,9M
^:'«
isT
^':»
ioi.i
tM»
i:i
'.7
I
Jnn
im
•
.1
Ukr
I
111
I).
I,
MttleRockA Mrni
;i|
-.0
J
H.-pt.
Juii. 1 to Hrpt. 30.
.
-•2
.,
...
,:......!
.
.MtO
0O4,M7
I1.4M
100 Jii
ANanliTllle.Ort. I,78h,02O l,7nH,40U
731,34*1
776,034
Jan. I to Oct 31...ia,Hn:<,)ll0 I t.761,H20 5,026,570 6,800 JMI
July 1 to Oct 31... 6,700,770 «,4e9.6f|l7
3.748.A40
I,Onl«. N. Alt). A Ch.Hvpt.
202,005
243,602
M.773
104.04*
Jan. 1 to Sept. .10.
1,910,085 1,821,148
MltMtt
Mi.ai»
l.«ul«r.
.
lAUliiv. N. O.
Jan.
1
to
ATox Oct.
Oct
8S2,M8
SSO.S.I?
31... 3.»26,82«
2,309.698
IM
ATeit..1fOct.
to Oct. 31...
to Oct 31...
38,606
331.320
115,374
120.I5H
MemnhlnACha'Ht'n.Srpt.
1«2,4.V)
nH,725
IxiuUi. St.
Jan.
July
I..
1
1
88,
Jan. 1 to Sept. .10... l,33-<,M.'i:i 1,221.105
July 1 to Sept. 30...
473.570
410,480
Uexloan(;ontral.. .Sept.
490,131
478,520
Jan. Ito8«pt30... 4,626,234 4,666,407
Mexican National... Got.
325,370
818,160
Jan. 1 to Oct 31... 3,066,840 3,038,207
Minn. A 8t LouicHOot.
170,362
182.220
Jan. 1 to Oct 31... 1,221,070 1,166,840
July 1 to Oct 31...
Mlun.StP.AS.B.M.HOct
570,505
576,460
228,549
103.316
Jan. 1 to Oct 31... 1,633,003
Naah. Chatt A StL.NoT.
328,827
July 1 to Nov. 30... 3,437.432
July 1 to Nov. 30... 1,727,703
New Orleans&Gulf IfOct
14,609
119.256
Jan. 1 to Oct 31...
N.Y.L.E.A Western. Oct. 2.712,738
Jan. 1 to Oct 31. ..24,300.640
1,273,147
293,980
3,196.400
1.331.559
20.778
139,103
2.805,002
22344,901
578,017
538.346
N.T.ANewEnglM..Oot.
Jan. 1 to Oct 31... 5.039,631 4,685,800
JiUy 1 to Oct 31... 2,211,336 2,086,782
53,494
41,679
N.Y. A Northern ir... Oct.
437,8.56
403,854
Jan. 1 to Oct 31...
175,167
221,420
July 1 to Oct 31...
N.Y. Ont
Jan.
A
Went" no.Oct.
1
to
Oct
31...
104.001
1,638.231
240,028
1,928,091
820,481
July 1 to Oct 31... 1,005.660
163,228
134.312
N.Y, 6u«q. A West. ..Oct.
Jan. 1 to Oct 31... 1,316,916 1,144,884
604.470
573,314
Norfolk A Western.. Oct.
Jan. 1 to Oct 31... 3,412,075 4,564,365
71,228
Scioto Val. A N. E.!IOot.
549,107
Fob. 1 to Oct 31...
675,698
Ino'l Sclo.V. A N. E.Oct.
Feb. 1 to Oct 31... 6,961,782
630,884
590,386
Northern Central .... Oct.
Jan. 1 to Oct 31... 5,589,196 5,041.580
Oct. 2,922,820 2,685,102
Northern Pacific
Jan. 1 to Oct 81... 19,522.161 17,013,785
July 1 to Oct 31... 0,567.024 8,e27.250
N. P.AWIS. Cen.HOct. 3.4.10,881 8,144.509
July 1 to Oct 31. ..11,598,336 10,537,625
806,468
414,687
Ohio A Mississippi V.Oct.
Jan. 1 to Oct 31... 3,480.828 3.361.766
July 1 to Oct 31... 1,620.308 1,636.064
20,082
23,461
OhloANorthwest'n.Sept.
62.282
63.924
Oct.
Ohio River
480.612
566.877
Jan. 1 to Oct. 31..
18,061
20,892
Ohio Valley of Ky..1IOct.
132.904
191.693
Jan. 1 to Oct. 31...
71,508
89,466
July 1 to Oct. 31...
414,646
390,362
Oct.
Oregon Imp. Co
Jan. llo Oct 31... 3,762.651 3,571,173
Dec. 1 to Oct 31... 4.006,711 3,006.758
190,700
«3fl,Ma
17.988
144,829
04,181
47,006
3M,891
107,084
000.400
18,M«
maH
&4.4M
a7o:3M
148.070
153.0it
2014)36
i80.aof
1,575,665 9,040.700
82,442
0038*
047.359
e38,88t
&»,7»i
80.94S
854,277
301,343
177.131
200,013
75,700
127.031
531.70O
481.143
131,.50l
118,480
1,.175,506 1,205.200
723,630
638.876
2,213
3.511
7.672
16,909
1.018,340 1,110320
7.045,891 7,733.629
216,126
215.880
1,»M>2.535
1,.563,834
814.061
0,104
82.772
820,313
4l.)i06
58,034
31.678
202.800
108,019
10,2.50
11 '.,867
Oil. 172
434,060
277.064
75.361
574.073
250,440
47«.644
240.47>
1,045,782
1,718,909
.'4,010
33,304
248,448
283.813
2,ll«4,230
185,206
24a40»
1.570.063 1.688,068
1,42S,S20 1,468,977
7,853.287 7,608,331
4,200,770 4,181331
1,6&3,80« 1.040,033
5,016,226 4307.248
120.610
107,765
1,018.483
617.228
4.094
97.800
900939
680.049
2,738
340^
0.935
00,870
4,104
28377
23.314
63,698
100,077
6O73O0
089,871
607,740
050,744
Penn. (E. of P. A E.). .Oct 6,102,901 5.857.772 2,037,840 2,140,105
55,237.073 50,526.381 17,488,980 17.018.694
Jan. 1 to Oct 31
13,671
Inc.
148.591
Inc.
Lines westofP.AE. .Oct.
Inc. 1 .340,290
Inc. 4,176.060
Jan. 1 to Oct 31...
18.S03
35.186
13,000
40,855
Oct.
PetersburgU
101,708
176,000
392.753
448.728
Jan. r to Oct. 31...
43,193
63,984
140,186
164.008
July 1 to Oct. 31...
183,004
317.584
495.103
508,000
Philadelphia A Erie. .Oct.
Jan. 1 to Oct 31... 4,317,187 3,910.124 1,451,203 1,638.418
930,088
Phlla.A ReadluK....Oct 2,123,831 1,930,114 1,017,051
Jan. 1 to Oct 31 .17,383.758 15.807,8.10 7,tW7.186 6.837,1*0
7,401,400
8.322.686
17.308.362
19,038,700
31
Oct.
1
Dec.
to
84.580 def.78.S87
Oct. 2,151,900 2.230.011
Coal A Iron Co
D?c. 1 to Oct. 31 .:i6:960:302 15.961,647 dt75S,044d.l30».001
Oct. 4,275,781 4.160,125 1,101.631 .878301
Total both Cos
Dec. 1 to Got 31... 36,999.002 :J3,270,0«0 7,660,641 6.130.404
42.300
D«o.
Inc.
0.7^5
C.C.A8tL.1INov..
Pitts.
399.920
Inc.
Inc.
1,429.086
Jan. 1 to Nov. 30 ..
60.400
65388
118.082
,133,430
PltUbur(tAWe«fn..Scpt.
'^
417.009
459,489
Jan. 1 to Sept 30... l.Wl,43l 1,015,731
100.299
144.308
306.222
July 1 to Sept 30
4.074
7300
34.672
39.115
Pttt».Cleve. A Tol Sept
83.009
71.900
370,290
354,064
30...
Sept.
1
to
Jan.
31.730
37300
126,908
120,063
July 1 to Sept. 30.
9.100
2.175
10.032
23,676
Pitts. Painos. A F. .Sept.
70313
21H.775
50.510
211,104
30...
Sept
Jan. 1 to
29.470
17,572
76,612
77,523
July 1 to Sept. 30...
09.071
05.407
171,786
196,221
S«pt.
Total system
O7&0M
681.807
1.6.14.801
,657,501
30...
BepU
to
Jan. 1
982WT
189,900
509.741
581.769
July 1 to 8i-"t 30...
33,980
88.041
98.684
'Nor.
Pitta. Young*.A-W
474.072
1.060,150
Jan. 1 W.Sov. •><»... 1.273.010
w.OTl
7.472
11,009
1 2.««).1
Pr'soolt A Arlx.Contr Oct
or.Mo.i
71.700
105,170
J0H,743
Jan. 1 to Oct 31...
6.5«U
20,830
21, .175
Quln. Omaha AK.C.I Not.
71.276
225.270
23O,'>40
Jan. 1 to Nov. 30...
.
,
. .
.
260,682
172,113
2,025
67,213
10i;320
3,637 def. 18,200
47,002
138,320
l,i2O;420
Ju.
l<M,na7
793.300
40.057
MS...
Wivifru.<:Oot.
to Oct. 31 ...
1 lo fl«pt.
lOH
jL
Kanawha & Mich.. T.Oct.
JiUy 1 to. Oct 31.
Ju,
..140
UNov
'-Btm^- ^B si
ItM.
f
Kentneky 0«itnU..ii«pt,
I(i,.'lii5,071
548,182 .547,395
1,462,468 1,377,302
3,718,399 5.121,735
Ja^l to Nov 30 13,185,855 12.833.601
2,718,276
2,087,883
6,402,772
6,506.061
30...
jSl^l to Nov.
646 def- 7,632
7,855 def.
9,931
ffdar PalU A M UNov
33,664
def.
87 302 def. 35,072
90 052
1 to Nov 30
43,461 def. 13,256 def. 26,280
46:489
jSPy 1 to Nov.' 30.;:
Illinois Central
—i/tt
IMM,
•
Ohio. Burl. AQulttoy.CH<t. 3,52:1.0.^3 3,i(M,a04 I.OOt.lUNI
Jan. 1 to Oct. 31. .. 20.442, 17337.000,'Jfla 10.344, MlH
ChJc.Mn.A8t.P«ul..Orl. 2,tK)5.771
678
1H09.
•
•
•
Boadt.
..
•
.
—
,
THE CHRONICLR
874
Orots Eamirmt
Ifet Earnings.
1890.
1889.
1890.
1889.
Hoods.
$
$
$
$
8,397
26,285
24,761
9,255
Bioh.A Petersburg. HOct.
72,079
281,715
244,516
96,969
Jan. 1 to Oct. 31...
26,097
38,192
July 1 to Oct 31...
105,338
98,153
67,310
197.222
155.586
80,939
Bio Grande Wesfn.. Oct.
475,905
458,177
Jan. 1 to Oct. 31... 1,533,494 1,2.36,553
296,462
245,639
July 1 to Oct. 31...
747,048
580,707
176,494
138,841
332,822
Rome Water.* Odd. Sept. 376,994
Jan. Itoeept. 30.. 2,981,479 2,007,513 1,259,253 1,051,957
492,651
July 1 to Sept. 30.. 1,118, ti99 1,068,230
512,359
4,122
11,713
10,826
5,497
Sag. Sua. & Huron. irOct.
131,260
110,985
58,331
55.881
Bt.L.Alt.&r.H.bclig.Sept.
311,516
941,635
774,036
393,188
Jan. 1 to Sept. 31...
173,013
180,990
84,603
80,846
Bt. Paul ADnlutli..1IOct.
422,194
328,836
Jan. 1 to Oct. 31... 1,236,491 1,085,293
616,071
573,414
260,110
228,551
July 1 to Oct. 31...
68.875
61,852
21,136
20,279
San Fran. & N. Pac.Nov.
741,676
712.463
Jan. 1 to Not. 30...
243.038
242,741
409,685
378,873
175,722
155,711
July 1 to Nov. 30...
21,532
51,551
26,981
12,444
Bar. Am. & Mont, c. Oct.
Jan. 1 to Oct. 31...
300,787
114,567
145,469
44,260
July 1 to Oct. 31...
165,772
58,602
81.884
26,434
Bhenandoah Val...irOot.
133,002
98,243
50,343
23,316
Jan. 1 to Oct. 31... 1,099,289
780,021
255,782
17,629
Bloux City & North.HOct.
41,666
21,454
Bouth Carolina
180,922
HOct.
141,692
88,640
51,873
Jan. 1 to Oct. 31... 1,264,088 1,095,090
474,350
275,953
July 1 to Oct. 31...
570,775
468,317
227,748
149,466
.
,
Southern Pacific Co.—
Qal.Har.& 8.Ant.1IOct.
[Vol.
—
-Oro»» Earninan.
1890.
1889.
,
469,691
408,474
161,539
108,848
Jan. 1 to Oct. 31... 3,528,225 3,239,403
785,250
666,398
Louisiana West'u.^Oct.
114,341
111,967
56,252
68,145
Jan. 1 to Oct. 31...
965.406
885,401
485,369
363,712
JIorgan'sLa.&Tex1IOct.
556.193
609,585
220,454
223,706
Jan. 1 to Oct. 31... 4,413,978 4,175,489 1,354,121 1,201,252
K. T. Tex. iMex.HOot.
25,674
28,099
5,810
13,725
Jan. 1 to Oct. 31...
177,349
145,218
del. 281
C09
Tex.&NewOrl'nsTIOct.
174,107
183,953
98,458
99,416
Jan. 1 to Oct. 31... 1,566,019 1,386,770
730,820
520,031
TotalAtlauticsys.UOct. 1,340,005 1,342.078
548,513
513,840
Jan. 1 to Oct. 31... 10,651,003 9,832,280 3,355,279 2,751,999
Tot. Pac.sy8t«m.. root. 3,588,305 3,282,058 1.851,113 1,496.218
Jan. Ito Oct. 31...29,173,028 28,681,992 10,918,681 10,462,444
Total or all..... UOct. 4,928,310 4,624,136 2,199,626 2,000,058
Jan. Ito Oct. 31. ..39,824,030 33,514,272 14,273,958 13,214,'142
Brathcrn Faclflo KE.—
Coast (Nortli.)Divli. Oct.
224,271
204,401
121,278
89,446
Jan. 1 to Oct. 31... 1,964,538 1,832,086
934,975
686,059
Southern DiTis'n.HOct.
641,269
547,769
290,905
228,001
Jan. Ito Oct. 31... 5,412,988 5,119,668 1,870,476 1.580.809
Arizona Division. TiOct.
205,822
175,023
85.952
84.034
Jan. 1 to Oct. 31... 1,673,399 1,529,149
582,665
493,516
Kew Mexico DiT..TIOot. 102,554
77.825
5G.387
40,874
Jan. Ito Oct. 31...
866,653
783,040
384,558
304,807
Btatenl.RapidTran.Oct.
69,904
63,265
12,328
13,456
Jan. 1 to Oct. 31...
880,815
822,013
320,855
273,339
July 1 to Oct. 31...
457,984
413,072
211,601
176,926
Stony Clove &C.M.irOot.
2,496
2,692
def.103
def.220
Jan. 1 to Oct. 31...
50,207
47,335
20,501
20,269
Summit Branch. H... Nov.
119,075
101.680
17,020
9,747
Jan. 1 to Nov. 30... 1,013,583 1,099,621 del. 18,929
75,387
Lykens Valley... liNov.
79,995
95,376
8,823
6,072
Jan. 1 to Nov. 30...
880,212
837,334
16,519 def. 15,351
Total both Co's.UNov...
199,070
197,056
25,843
15.819
Jan. 1 to Nov. 30... 1,893,795 1,936,957 def. 2,408
60,036
Talladega & Coosa V.TTOct.
6,521
5,324
3,272
1,918
Jan. 1 to Oct. 31...
63,751
53,355
22,225
July 1 to Oct. 31...
25,401
20,375
9,200
9,396
Teim. Coal & Iron Co. Oct
69,900
77,000
Jan. 1 to Oct. 31
715,400
563,400
Feb. 1 to Oct. 31
612,100
502,600
18,!i43
Tennessee Mldl'd... UOct.
19,637
5.334
6,015
Jan. 1 to Oct. 31...
169,575
151,194
40,134
38,571
July 1 to Oct. 31...
193,673
171,112
19,754
15,971
Toledo Col. &Cln..Ti Oct.
28,762
25,846
11,152
10.383
J.in. 1 to Oct. 31...
258,954
206,655
105,817
81,629
July 1 to Oct. 31...
107,801
91.605
35.150
42,560
Toledo & Ohio Cent UOct.
153,617
135,845
60,085
57.378
Jan. 1 to Oct. 31... 1,235.423 1,015,539
476,085
386,564
July 1 to Oct. 31...
576,478
491,695
205,134
208,550
Tol .& Ohio C. Ext.. UOct.
10.221
8,196
5.649
4,146
Jan. 1 to Oct. 31...
87,935
79,292
45,879
39,427
July 1 to Oct. 31...
37,442
31,062
19.881
16.713
Tol.Peoria & West. UOct.
93,308
92,900
30,308
28,189
Jan. 1 to Oct. 31...
784,037
706.765
208,645
190,703
July Ito Oct. 31...
336,882
339.426
100,013
87,618
ToL&Sonth Haven. Sept.
2,758
2,915
587
589
Ulster & DelawareU. Oct.
32,408
30,415
13,551
13,261
Jan. 1 to Oct. 31...
319,498
278,424
124,634
120,081
Union Paciflc—
Oreg. S. L.&TJ.N.UOot.
701,520
633,742
257,323
308,340
Jan. 1 to Oct. 31... 6,210,214 5,372,414 2,145,610 2,413,904
Ore. Ry.&N. Co.rf.UOct.
595,846
546,855
246.198
270,620
Jan. Ito Oct. 31... 3,910,667 3,762,939
698,239 1,373,728
rr!.Pac.D.&Gnlf..UOct.
575,985
501,397
173,215
194,998
Jan. Ito Oct. 31... 4,775,432 3,743,413 1,510,662
962,934
Bt.Jos.&Gd. Isl..UOct.
303.503
112,171
29,436
41,533
Jan. 1 to Oct. 31... 1,117,745
978,961
351,290
324,599
All other lines... .UOct. 2,329,842 2,504,263
776,423 1.119,575
.Tan. Ito Oct. 31. ..19,845,726 18,516,554 7,310,488 7,722,726
Total Un.Pac.Sys.. Oct. 4.306,092 4,301,428 1,482,595 1,965.054
Jan. 1 to Oct. 31. ..35,859,783 32,374,230 12,019,295 12,802,891
Cent. Br.&Leae.Ti.TOct.
70,043
95,609
5,035
34,175
Jan.ltoOct.fi...
857,371
602,444
200,637
162,639
Total controlled.. ^0>;t. 4,383,335 4,397,093 1,487,630 l,9.t»9,229
Jan. 1 to Oct. 31...3(j,717.154 33,030,724 12,219,932 12,965,580
MontanaUnion...UOj
"'',16l
80,327
27,325
545
Jan. 1 to Oct. 31...
624,110
786,339
32,275 dt. 107,136
Leav.Top.&S.W..UOct.
3,148
3,064 def.4,811 def. 1,945
Jan. Ito Oct. 31...
26,188
24,549 dot. 45,0tjo def. 27,737
lt»O.AlmviBar..irOct.
3,717
4,464
drf. 421
15
JRB. Ito Oct. 31...
31,678
28,047 def. 7,676 (^ef. 9,233
Itoadf.
-iVe(
Eamingt.
1890.
$
LL
1889.
.
.
Union Pacific— /ToHff II Kctf.)
Lines Jointly owned
One-half
UOct.
52,686
43.554
11.017
def 643
Jan. Ito Oct. 31...
422,453
338,353 def. 10,233 def 72,078
Grand total
UOot. 4.436,022 4,440,651 1,493,677 1,998,587
Jan. Ito Oct. 31. ..37,139,607 33,375,07712,209,698 12,893,502
U'n 8t'kYds.&T.Co.UNov.
244,355
233,792
164,826
158,161
Jan. 1 tjNov. 30.... 2,468,407 2,109,717 1,711,089 1,352,304
Wabash
UOct. 1,278,075 1,344,206
421.103
478,454
Jan. 1 to Oct. 31... 10,849,095 10,725,190 2,855,759 2,723,429
July 1 to Oct. 31... 4,782,290 5,012,911 1,478,001 1,638,973
West. N. Y. <t Penn..Oot.
329,030
341,227
101,376
82,930
Jan. 1 to Oct. 31... 3,015,201 2,880,700 1,009,931
5.52,078
July 1 to Oct. 31... 1,313,358 1,376,499
460,722
283,714
West Jersey
UOct.
125,770
116,535
37,439
15,308
Jan. 1 to lOct. 31... 1,410,934 1,320,476
440,625
398,404
W.Va. Cent. & Pitts. .Oct.
103,840
70,145
30,159
24,439
Jan. 1 to Oct. 31...
801,810
619,251
270,778
193,461
110,820
Wheel, i Lake Erie. UOct.
90,972
43,387
36.896
973,459
Jan. 1 to Oct. 31...
747,629
395,422
287.736
Julyl to Oct. 31...
422,403
324,683
175,064
131,007
Whitebr'st Fuel Co.. Oct.
16,669
10,224
Jan. 1 to Oct. 31...
134.647
83,688
July Ito Oct. 31....
51,536
40,357
537,061
Wisconsin Central UOct
459.406
224,985
187,056
Jan. 1 to Oct. 31... 4,330,700 3,492,833 1,635.603 1,255.399
July 1 to Oct. 31... 2,031.312 1,710,366
80i',454
715,917
10,076
Wrights. &Tennille.UOct.
8,653
6,908
4,974
73,501
Jan. 1 to Oct. 31...
66,499
30,359 def. 4,0,52
July 1 to Oct. 31...
32,298
30,410
13,678
13,450
.
. .
U A paragraph mark added after the name of a road Indicates that
the figures for that road have not previously been given, but appear
for tlie first time in this issue.
.
a From July 1 includes Utica Clinton & Bing. iji both years. 5 Main
c This excludes boats in 1889.
d Earnings include rail
lino only,
lines only, not the water routes.
* New Brunswick earnings included for October both years.
—
The following roads, in
Interest Charges and Surplus.
addition to their gross and net earnings given above, also
report charges for interest, &c., with the surplus or deficit
above or below those charges.
t—Iiiler't, rentals,
1890.
Roadt.
Grand Rapids & Ind.Oct.
890.
$
$
66,262
662,622
81,012
810,121
63,941
689,417
86,567
865,667
Jan. 1 to Oct. 31...
Total system
Oct.
Jan. 1 to Oct. 31...
^Sal. of
rfc-
1889.
$
Net. Earns.-.
1889.
258
21,139
71,595
1,170
95,218
def. 7,095
29,947
8,376
ANNUAL REPORTS.
Maine Central Railroad.
CFor
the year ending Sept. 30, 1890.^
The President's report states that the net results of the financial year show a surplus of $90,126 after payment of all fijced
charges and taxes, operating expenses and two semi-annual
dividends of 3 per centum each. The expenditures for permanent improvements charged to operating expenses during
the last year have been large, and the condition of the property
has never been so good as at the present time. The increase
the gross earnings of the company speaks well for the
traffic of the road, and indicates a prosperous and
healthy condition of business throughout the State of Maine.
The leases made during the last year of the Upper Coos
Railroad and the H?reford Railway, with the construction of
the connecting railroad from Quebec Junction to North
Stratford, now nearly completed, will add one hundred and
eight miles to the system, which addition should prove a valuable feeder to the road. The Dexter & Piscataquis Railroad,
extending the M. C. line from Dexter to Dover and Foxcroft,
was opened for traffic December 30, 1889, and the aniicipation of the directors in regard to the amount of business to
come from this extension has been fairly realized.
The total number of passengers transi.xjrted for the year was
1,933,377, an increase over the previous year of 174,289, or
09'9 per centum. The total amount of freight transported
over the main line and branches for the year was 1,720,107
tons, an increase over the previous year of 390,781 tons, or
29'4 per centum.
The statistics for four years have been compiled for the
Chronicle as follows:
in
growing
OrEE.VTIONS AND FISCAL EEStJlTS.
1886-87.
Miles operated
535
Operations—
Passengers carried... .1,354,977
Freight (tons) moved. 882,323
Earnings—
1837-88.
627
1,521.831
1,010,934
1898 89.
647
1889-90.
1,759,038
1,329,326
1,933,377
1,720,1»7
773
$
$
$
1,384,226
1,599,637
158,191
1,484,876
1,743,520
160,611
1,645,336
1,991,02#
191,806
1,777,990
2,231,457
217,018
Total gross earnings.. 3,142,407
3.389,007
2,199,882
3,828,162
2,514,715
4,226,465
2,858,667
1,189,125
1,313,447
1,367,798
Passengers
Freight
MaU, express, Ac
f
Expenses and taxes.. 1,918, 430
Net earnings
1,193,927
INCOME ACCOUNT.
.
Heeeipts—
Netearnings
Other receipts
Total Income
1888-89.
1889-90.
1886-87.
*
1,193,927
8,370
f
$
1,189,125
9,919
1,313,447
18,592
1,367,798
43,765
1,202,797
1,199,041
1,332,039
1,411,563
1887-88.
$
Dkckmbm M,
I'HE
1810.1
1880-87.
1887-88.
18S.O0O
w:.f>73
9SS.497
7I7,MI>4
v 11.031
-i..,<i04
79H,.10l
sia.fliu
Tot<UdliiburMm'ta.l,131,06a
81.131
Bnlsnro. (iirpliu
Tlie
saZoM
8I1,IM
9io.ai«
1,148,SM
l.M7,434
l,331,4.'te
00,838
84,805
00,137
New York ProTidcnee A BoRton
CFor
Railroad.
the year ending September 80, 1890.^
annual roixirt of thin ccunpany is almnat entirely atatiid the usual tables are cumpileU for the CaKONIOLK
•
tical, ai
follows:
86
SanuHvt—
Puaengor
FreUht
680,210
1888-89.
86
140
188900.
136
$
77,914
78,588
1.318,003
1,340,707
167,735
Total fn-osa enrnloKS. 1,276,707
Expenses, Inolud'K oxtraonlluary.rentalsA taxes
808,439
1,303,160
2,836,434
3,088,604
1,004,351
2,297,130
2,612,303
408,358
208,818
INCOMB ACCODKT.
539,285
470,303
1839-00.
Mall, express,
M 8,073
Ac
KetearuiUKS
1880-87.
e0fl,843
a2ft.738
l,444.r>01
l,471),Hbl
164.rJU
1887-88.
1888-80.
$
$
NetCAmlngs*
9
620,093
883,152
*
635,106
673,122
Diabursementt—
Interest balance
Dividends
78,743
300,000
82,fll4
101,661
300,000
375,000
S2,1R0
450.000
Total disbursements.
Balance surplus
378,743
150,350
382,814
338
476,661
158,445
4H2,180
89,036
*
Including amounts received from Investments-
Western Maryland Railroad.
("For the year ending September 30, 1890^
In his annual report, Mr. J. M. Hood, the President, says of
the large Maryland Western projects:
"It was fully expected tbnt by this time work would have been well
advanced upon the iiidepeud(>nl line of this company in Baltimore City,
but believing that abetter price could be obtained fur (he securities
propo.scd to be issued by a full cauvass of the market, action was deferred, the outlook being most promislni; until Interrupted by the present unfavorable condition of monetary affairs.
It was not only the purpose of the company to build the Tidewater
Ballroad in this city, but in the same financial operation to include
provision for the extension of the main lino from its present terminus
at WilUamaport up the Potomac River, fourteen miles, to a connection
with the Baltimore A Ohio Railroad at Cherry Kun ; the construction of
the eastern extension of tlie Baltimore A HarrlsburK Railway from
Porter's Station, five miles cast of Hanover, fifteen miles, to the city
of York a further extension of fourteen miles to a connection with the
Philadelphia A KeadInK Railroad, near Marietta. Fa.; also, the construction of the Northern or Harrtsburg branch, from a midpoint
between Porter's and York, twenty miles, to Bowmansdale, upon the
Philadelphia HarrisburK & Pittsburg Railroad, formerly the Uarris;
burg &. Potomac Railroad.
These conncctiue links which, with the Tidewater Railroad, would
embrace eighty miles of new Una and cost between three and four million dollars, would not only have the effect of making the Western
Maryland indciK'ndent in this city and converting its present system
of local roads into several through lines, but would prove of great benePhiladelphia A Rea<lmg and Norfolk A
fit to the Baltimore & Ohio,
Western roads in connecting their systems through Western Maryland
channels. As for example, the Baltimore A Ohio distance would be
shortened forty miles between Cumberland and Hagerstown, and that
company would be given a line down the Cumberland V' alley to Harrisburg ond iHiints reached via Harrlsburg, with which it now
has no direct connection; also a short line via Gettysburg
and Hanover to York, Iteadiug, Alleutown, Ac.; the Philadelphia A Reading would not only be given a western connection via
Pittsburg, as was contemplated through the South Pcun. RR., but also
by the Baltimore A Ohio's middle and southern routes via Wheeling
and via Parkersburg; the Norfolk A Western, now terminating at
Hagerstown, woiilil bo ^iven a new line down the Cumberland Valley
to Han-isbnrg a line via York and Reading to central Pennsylvania
and New York, in addition to the Western Maryland main lino to Bsltimore; the Penn.sylvauia Steel Company would not only be afT'orded
new competitive lines for its works at Harrisburg and Baltimore, but
also a new line between these great establishments, while the Western
Maryland would also be atfortled as short a line as any other between
Baltimore and Harrisburg and the anthracite coal fields, also a good
freight Hue via York and Reading between Baltimore and central
;
Pennsylvania and
New York.
sufScient to provide for all these additions may prove cumin the present state of the mocey market, It will probably be
deemed advisable to provide for the up-country feeder lines first, which
are rolled ujwn to double the gross earnings of this company, or say
raise them from $«()0,0()0 per annum to over $l,.500,000, with an
Increase ef but $11)0,000 in fixed charges, after which no troHble
should be exj>erienced in negotiatiug a second loan for the tidewater,
as the $HO,000 trackage now paid to other lines in this city would be
greatly iuireasod and l>ccomo the basis of a proportionately larger
capitalization. The first step, under this plan, would be to i>laco the
Potomac Valley Company in control of the franchises of the pro»os<d
Pennsylvania lines, f()r the construction of which and its own line it
would sell the re<iuisUe amount of boada, which amount would come
within the scope of our local market. • • • *
The great imiiedimont which has heretofore existed to the completion of the system of improvements has been the unfinished link in the
As
a
lOi-vn
bersome
Harrisburg A Potomac Railroad, including the bildge acioss the Pu»qtiehanna river at Harri-sburg. I am pleased to be able to state that
work ujion this section Is uow progressing rapidly, and that it will bo
completed within the next sixty days.
Earnings and expenses
as follows
wAe
:
1888-89.
Earnings from—
Passengers
Freight and express
Mail and mlscoUaneous
..«»
Total
Operating expenses
Ket earnings
Setterments
Balano#.
«.
876
IN VESTM ENT
NEWS.
CiMlMMti M Clii«Mo.— A dlMMlcb flroa
OharlMtOD, 8. CDm. 1«, stoted " Id Um UnlUd fkum OlraiMI
OkarlMtoH
:
Court
Judicm Rood and Bryan
to-<iny
grknM an
injmwtloa
rMtrainiiiK all suita aKainat the ' Thnw Cs' Ha n»n^ ig^l
appointing Samuel Ix>rd, uf thb city, (cmpotary rM«i*w,
with notice that a motion for tb« appoiAtmaot of a ptrmanent rec^irer would be argued bne oa th« flist TiMaday ta
February next The coinpuiDt is at tho instanm of th«
Fiaaaca Company and Barker Kroihera A Company of
PhiUdclphia. Tho order redtaa that, it appnarinR that certain oontracton have begna proocedtags in tho Hintn Courts
of Tenneeaee for the ptupoee
mUIdi a portion of the roadbed in the Stale of TeanesKe, and tbmt^ diatnemberioK tb*
road and greatly impairing ita valae
iocurity to its booAholders, it b therefore ordered that the Cbarleetoo ClooinaM
Chicago
&
Railroad Company, ita ofHcers, agrnis, etc., tgt
restrained and enjoined from transferring aiid d*tiT<<riDg flw
m
BAaillNOS AMD KXrCKSKS.
1880-87.
1887-8S.
Miles operated
GENERAL
1S89-M.
DUbunemtnlt—
Itmtol«iMUd
InUreat on boaiU
Dividend!
aiS.BUM
OHRONK LK
1889-00.
$
$
828,588
340,0:<2
!r:.390,647
54,233
416.805
59,218
773,468
917,742
812,055
534,134
255,726
101,218
277,871
.154,508
812,187
6.^,034
•
(if the pr(i|irrty of asid oorporation, or sny p«ut at
the same, to any one, sare and except to the receiver hertia
appointed, Samuel Lord, of Charleston. A foreclosure of tb«
mortgage is asked for. The road lias 280 ntiles built and
ninety miles more graded."
E^orts are being made to raise the neoessary ataosmt to
complete the road and put it in operation, and aroid the appointment of tho permanent receiver.
possession
Chicago Rock Inland & Pact flo—Chicago KaniuM* Ne
braska. A press dispatch from Topelia, Kan., Dec. 18, saM:
''Judue Caldwell this afternoon made a ruling in the Rook
Island case which is a temporary victory for {ri<! municipal
bondholders who are contesting the right of the Metropolitan
Trust Company of New York to foreclose their mortgage on
the Chicago Kansas & Nebraska Railroad, lietter known as tiM
'Rock Island in Kansas.' The municipal lK)ndh(.lder», being
cities which voted aid for the con-struction of the road in Kaasas, claim that the Rock Island is attempting to render their
lx)nd» worthless by foreclosing the mortgage. Judge Caldwril
to-day held tliat not enough evidence had been presented to
show that th? road was in default in payment of the mortgage,
and that the case must either be dismissed or a master appointed to take further evidence."
Dulnth & Iron Range.— A dispatch from St Paul December 18 said "The Minnesota Supreme Court has handed down
H decision settling the celelirate<l swamp land litigation, which
assures to the Duluth & Iron Range Road the title to lietween
three and four hundred thousand acres in tiie northern part of
the State. The tract in question extends for ten miles on
either side of the Iron Range Road and contains valuabU
mineral resources."
Edisoa General Electric— The fifth quarterly dividend
of 2 per cent on all the stock of the company, including such
stock as is held in tru-st by the Fanners' Loan & Trust Companv, has been declared, payable February 2, I89I, to holders
of record December 29, 1890,"the payment of dividend on stock
held in tnist being, however, subject to the ratification of the
action of the trustees dissolving the trust by the stockholden
at their regular meeting on January IS, 1881. The transfer
books close on December 29 and reopen Febmarv 3. Notice
is also given that the annual meeting of stockholders will be
held on January 19. and a special meeting will be held on the
same day for the purpose of voting upon a proposition to increase its capital stock from $32,000,000 to (15,000,000.
Fort Worth ft Denver City.—The annual meeting of tbe
Fort Worth & Denver City (Texas Division of the Union
Pacific Denver & Gulf) was held at Fort Worth. The old board
of directors was re-elected. The statement for tbe year shows:
—
:
$2,012,518
l,34»,>0a
Gross eamirigs
Expenses and taxes
Net earnings
•TH'122
Fixed charges
T? \?r^
9t19/HO
--.
Leaving a surplus of
llonston ft Texas Central.— At Galveston, Dec. 15, an
order was made by Judge P.Trdee, of the United States Circuit
Texas Central from ita receivCourt, relieving the Houston
ership, and ordering the property turned over within the MKt
thirty days to Frederic P. Olcott, of New York, who purchaHd
the road for $10,000,000, when it was sold under forecloaiim.
The transfer of the propertv is made at the instance ot a peti•
&
tion filed by Mr. Olcott.
—It is stated on reliable authority that arrangements have
been perfected to deliver all the new securities of the Houston
Texas Central, together with overdue interest on all tbe
shaU probably be able
bonds, some fixed day in January.
to give full particulars in our next edition.
Indianapolis Decatur ft Western.—Tbe name of this road
Qoincy.
has been clianged to the Indianapolis Decatur
Right of way has been securtnl for an extension of the road
Western
from Decatur, 111., to Beardstown. Tho Decatur
has been consolidated with the In<linnapolis Decatur dt
Quincy. The old board of directors will have charge of the
new road.
Laclede Gas.—The Supreme Court of Missouri hasdelivered
its opinion in the case of the City of St. Louis vs. tb.- L*clede
Gas Light Company. In 1888 the city made a contract with
the old St. Louis Gas Company fixing the price of gas nt $1 95
for it and its successors for thirty years. This conuart is declared to bo valid. The ctty pawed an ordinance last utnaar
fixing the price at 90 cent!«. This ordinance is held to he v<oid«
&
We
&
A
The charter
of the Laclede
Gas Company, which
i*
perpetau^
'
THE CHRONICLE.
876
exempts the company from the provision in the general law
Eermjttirig the Legislature to amend all charters. The Court
olds that this gives the company the right to fix its own price
for gas, and it is not subject to legislative control. The contract price of the Laclede Gas Co. with the city is reported as
1*18^ net as the maximum.
but there
it
&
^
|
|
|
Co. give the following:
with the Kansas Railroad Commissioners.
ing June 30 as filed
The following items are of interest: Number of stockholders
at last election 1,461, mUes of road 3,119, the same as on December 31; $1,000,000 stock was issued in the year in exchange
for outstanding Iron Mountain stock. The company has no
equipment obligations. The statement of the floating debt
follows:
Floating debt,
Wapesand
Offsetn to floatitig debt.
$167,462
1,408,005
1,007,903
82,218
salaries
Traffic balances
Interest accrued
18.'>,227
13,000
6,741,549
Bentals
MlBoellaneous
Tot. gross float'g debt $9,605,363
.
Cash
.'.
Bills receivable
Due from agents
Due from solvent Companies and individuals
U. e. account
Total
$ 373.906
738
325, SSO
4,292,761
191.347
$5,184,606
" The item 'miscellaneous' in floating debt probably refers
to the Gould-Sage $6,000,000 advances for branch lines, since
paid by the issue of bonds and stock."
" Net floating debt $4,430,757. This debt has probably been
paid off since June 30. The net floating debt is $966,426 larger
than on June 30, 1889. The item of due from solvent companies and individuals was put on June 30, 1888, at $8,380,853
and the net floating debt than was $306,571."
New Bonds and Stocks Authorized or Offered. The following
a list of new issues of securities
to be offered
is
oon
—
now offered
for sale, or
:
STATES. CITIES. COUNTIES, &C.
Kings County, N. Y.-$500,000 3'a per cent bonds for St. Johnland Co.
Farm have been authorized.
BlEA(JHEU County. Montana.— f 50,000 7 per cent bond", due Jan. 1,
1898, redeemable after three years. Bids will be received till Jan.
21 by C. E. Wight, County Clerk, White Sulphur Springs, Montana.
Bochesteb,N. Y.— 1-1110,000 3 per cent bonds, due Jan. 1, 1920, dedeemable after January, 1900. Proposals will be received till Dec.
24 by the City Trciisurcr.
tlTAH Territory. -ifl ,53,000 5 per cent bond?, due 1900 to 1910. Bids
will be received from Dec. 26 to Jan. 26 by Bolivar Koberts, Salt
Lake City.
RAILROAD AND MISCELLANEOUS COMPANIES.
West End (Boston) Railway.— S2,00"',000 additional Issue of common
stock is recommended by the directors. Stockholders will meet
soon to con.sider
Wilmington
:
It is for the best interest of this company, as well as for the
public benetit, that generaJ harmony shall be maintained by and
between the New York Central & Iludsou River Railroad Company,
the Pennsylvania Railroad Company, the Pennsylvania Company, the
Lake Shore & MichiRan Southern RiiUway Company, the Michigan
Central Railroad Company and the Cleveland Cincinnati Chiongo <fe St,
Louis Railway Company, for which object it is proposed to create an
Advisory Council (consisting of the president and one director of each
of said companies), with power to decide all questions of common
interest, to avoid wasteful rivalry and to establish uniformity of rates
We have the full report of Missouri Pacific for the year end-
BlUs payable
Audited Touchers
is
Whereas.
A
Jones
stated, has not yet gone into effect
it will at a very early date.
Thei
the Nickel Plate roads are not brouglit into
Following is the text of the document which
purposed shall be adopted by each corporation con-
cerned
—
—Dow,
it is
doubt that
the agreement.
Mexican National. The following brief statement concerning the Mexican Government subsidy to this railroad may be
found of interest: The subsidy from the -Mexican Government was $7,000 Mexican currency per kilometer. Prior to
default of the former railway company $2,500,000 of subsidy
certificates were pledged to secure 15,000,000 of first mortgage
bonds, and at the reorganizaiion this amount became applicable to certain A and B bonds, for which the $5,000,000 first
mortg-age bonds were exchanged. Under the reorganization
agi-eement $7,000,000 subsidy certificates were pledged as
additional security for the $13,500,000 new first mortgage
bonds, $3,000,000 of which subsidy was then delivered to the
The constructrustees, and $4,000,000 remained to be earned.
tion of the 563 kilometers (350 miles) in the main line earned
$3,941,000 of subsidy, but of this amount $939,000 is applicable
and B bonds, leaving $3,003,for the benefit of the $5,000,000
000 applicable to interest upon the first mortgage bonds when
net earnings are in deficit to meet the same, and afterwards
for redemption of said bonds, subject, however, to a charge
of $35,000 per year for five years, payable to the Mexican
The Sabinas coal road,
National Construction Company.
75 miles, on which a subsidy was payable, has not been constructed. In the year 1889 $343,535 U. S. currency out of
subsidy collections was paid for account of deficiency in net
earnings to meet interest charges on first mortgage bonds.
Negotiations are pending with the Mexican Government for
the conversion of the remaining certificates, a Government
The
loan for this purpose having recently been floated.
amount received will be nearly $5,000,000 in Mexican dollars.
Pacific.
is little
West Shore and
&
Missouri
The compact,
tion.
LoulsTille & Nashville— Kentucky CentraL—The Louisville & Nashville has secured tlie Kentucky Central, by purchase of the stock. The lawyers are arranging the papers,
and, pending the final signature by all in interest, an official
statement will not be given. There will be no new Louisville
& Nashville bonds or stocks issued. The company had been
negotiating for this road about three years, but could not get
The advantage of the
it at a satisfactory price until now.
N. is in giving it a direct line into Cincinnati
line to the L.
from Livingston and points directly South. It also gives the
L. & N. another entrance into Cincinnati at the Grand Union
depot. At present it enters only in the eastern part of the
The new
city, where it connects with the Pennsylvania.
entrance will connect it with all the other systems entering
the city. The L. & N. is also pushing to completion its extension from Cumberland Gap east to Norton, about 70 miles, to
connect with the Norfolk & Western system. It is expected
to be completed and connection made by March 1.
"
[Vol. LI,
it.
& Weldon.— 5,000
shares of stock will be Issued. Proposals for same will be received by W. T. Walters, 16 Chamber of
Commerce, Baltimore, till Jan. 20,
New York Central— Pennsylvania.— The Vanderbilt lines
and the Pennsylvania Railroad have formulated an agreement
to maintain tariffs and do away with uimecessary competi-
between competing points,
Such decision of such AdvLsory Council, when made bytheafflnnatlve votes of the representatives of five of said compauies. and the
rates and policy thereby established, to continue until altered by a
similar vote at a meeting of such council, unless thirty days shall have
elapsed without a meeting after a request therefor shall have been
made in writing by any one of such eomminics; now, therefore, be it
Resolved, That under existing conditions it is expedient for this
company to set In operation the policy and plan indicated in the foregoing i)reamble.
Resolved, That the President and one of the directors of this company be, and they are hereby, appointed to be the representatives of
this company in such Advisory Council, with full power to act for this
company in carrying the foregoing preamble and resolution into full
effect, this company reserving the right to withdraw from this arrangement upon resolutiou of its bo.ird of directors, and after ninety days'
notice in writing shall have been given to every other company.
—
Norfolk & Western— Shenandoah Valley. President F. J.
Kimball has issued a circular to the Norfolk & Western stockholders, in which he says that the reorganization of the
Shenandoah Valley Railroad has been completed in conformity with the plan adopted by the holders of its securities.
The
line of constructed road, extending from Roanoke, Va., where
connection is made with the N. & W. system to Hagerstown,
Md., a distance of about 247 miles, has been acquired by the
N. & W. Company as of October 1, 1890, at a cost, as near as
may be, of $4,500,000 preferred shares and $3,500,000 common
shares, subject to a mortgage which will be known as the "Norfolk & Western Railroad Company Maryland and Washington
division first mortgage 5 per cent gold bonds," for $10,000,000.
Of these bonds there are set aside for the construction of a branch line about 70 miles
in length, to a point on the Potomac Elver
opposite the city of Washington
$2,000,000
For tne extension of a branch into the city of
Washington, and for terminal facilities
500,000
Reserved for the further purposes of the
company
1,000,000
3,500,000
Leaving to be issued at the present time
$6,500,000
Of these there will be issued for outstanding Shenandoah
Valley old first mortgage bonds, $8,324,000; for car trust securities, $389,000; and the remainder, $2,887,000; have been
sold and the proceeds will be used in settlement of receiver's
certificates and other claims against the property, for reorganization expenses and for betterments to the property.
The total mortgage debt of the old company was about $9,500,000.
The line throughout is laid with steel rails and on a good
road-bed. and is in generally good condition, with the exception of a number of wooden trestles, which will be replaced
by permanent structures. During reorganization the business and resources of the Shenandoah Valley Railroad have
considerably developed, and though they are still in their infancy the gross earnings will for the current year yield (the
last two months estimated) $1,343,133, equal to about $6,000 a
mile. It is estimated that the gross earnings in 1891 will be
$1,600,000 and the net $560,000, against interest charges of
only $335,000, leaving as net income $385,000, an amount
equivalent to more than 5 per cent upon $4,500,000 preferred
shares of the N.
W. Company issued in part payment for
the property. To immediately provide for the dividend on
the preferred shares to be issued, special provision was made
through the plan of reorganization by an assKisment of $66 on
each assenting Shenandoah Valley general mortgage bond, the
amount thus realized being about $870,000, which will be held
as a dividend reserve fund so long as may by the management be considered necessary, and will thereafter be used, or
as much of it as may then remain, for further betterments.
The $3,500,000 of N.
W. common shares were used in settlement with the holders of $1,650,000 income bonds of the
Shenandoah Valley Railroad, and the company is thereby relieved of any claim which might have been made on account
of its traffic contract of December 39, 1882.
&
&
—
Fhiladelphia & Reading. The Reading terminal bill, allowing the Philadelphia & Reading Railroad Co. to extend its
tracks in Philadelphia from the present terminus at Ninth and
Green streets to Twelfth and Market streets, about ten blocks
nearer the centre of the city, by means of an elevated railroad, passed the Philadelphia Councils Thursday by a vote of
104 to 3. The bill needs the Mayor's signature only to become
a law. If he signs it, the Reading Railroad thereby gain the
terminal l(x;ation for which it has fought for several years.
It is estimatecl that the extension of the road will cost be-
tween $7,000,000 and 88,000,000.
Ponghkeepsie Bridge— Delaware
&
& New
England.
—The
New England Company held a
directors of the Delaware
meeting in Philadelphia, Thursday. It was rumored on the
Street that the meeting had been called to discuss tlie payment
of the February interest on the Poughkeepsie Briage first
mortgage 6 per cent bonds, and that the amount unsubscribed
-
DBOKMBn
THE OHKQNIOLE
80, 1890.1
&
New KiiKlnriil
loan of tli« Dt-lnwaro
called for with ii view of iiroviiliiiK forllii<
Only routino lmr*lnc'«N wiih dlHcuiwcd, A liirKc IioKIit
interett.
of the company's i'olIiit«>rnl trUNt Umdn HtnU-d timt tlic rnnior
was not foiin(icd on fact, and had |)robal)ly arixon from th<>
calling for a very stniall portion oftho utifiulMcrilMMl amount
to be used for taxes ami additional ctpiipmont. ThiTo was
|60,lK)0 appropriated at tho mcotiriK for the purchase of new
oquipniont. Tlie company had a guarantee fund amountinfr to
$800,000, but one of the largo subscriliers to this fund recently
died, and his executors are in doul)l !us to whether they shoulil
pay his sul>scription.
on the
rollatcriil truMi
CoiU(>any luul
Im'I'II
877
with iMiwriT to lull tlir nr«t niMlIng nf tb* mIvImht
by film of uolb ,.„r Uu Mtlna of |ii«MTrn>l l>o.r^
upon the fornKolnic rxwduttans, (uoh DOiloMi U> ho w>ttt la
li>urni><l iiimilliig,
h.mni
„fti.r r««cl|rt
of dlr.vt.irs
him
lit
hlcngii.
<
Ilriolrril. Tliiil
It
l> Ihi-
...n«. of
IhU m<«tlll«
Iblll
"'""" •'•
;!;,„,,;"
^u'l""
"« companion
the MT«rAl
"»•'""""•
bOMda
•'"^
have anted rwrr
promptly, and the m:lum of the mnting hmt biva M>proT«d
'^
''^-
'
by the dirwtom of the NorthweMlom, ito<;li Ulanil,
lAaoori
Pacific, Northern Pacific, Denver A Rio GnuKto
and Rio
Grande Western.
Kirhnionil it WphJ Point Terminal. -All the dlrrK^tom oT
Railroad rresidents* Meeting.— A distinguisheil meeting the Richmond & West I'oint Terminal Kailway CompMir'
of railroad presidents and liaiikera was held at the house of with the sluKle exrepiion of H. B. Plant, were protient at tb«
Mr. J. I*ier|x>iit Mor^ran, in Madison Avenue, on the 18th inst. meeting of the board this week. Tin- former otnceni were
The foilovviiiK-nanied Kcntlenien were present Marvin Hugh- re-elet:ted and the usual half-yearly dividend of Vi per cent
I'rcsident, and H. Mc. K. Twombly, a dirwtor, of the on the preferred Mt<Kk was declared.
itt,
The nport of the Pr«iilCliicaKo it Northwestern; Charles K. Perkins, Prcsi<lent, and dent, Mr. John H. Intnan, will be foimd at length on arabaequent
page.
General Paine, a director, of tho Chicago Burlington &
Quiucy R. R. Cable, President of the Chicago Rock Island &
Rome Watnrtown k OgA^nnUur^.—The foUowiotf pralimi*
Pacific; Roswell Miller, President of the Chicago Milwaukee nary statement is made for tho j ear ending June
80. I890.
Paul;
St.
Sidney
&
Dillon, President of the Union Pacific; Jay Miles 0|M>raled
613'1U|
PnymrnU—
:
;
Uould, President of the Uiasouri Pacilic; Allen Mauvel. Presiand Colonel John J. MoCook, of the Atchison Topeka &
Santa Fe; O. D. Ashley, President of the Walmsh; John M.
Eagan,
President,
A. B. Slickncy, chairman of the
board, of the Chicago St. Louis & Kansas City; Stuyvesant Pish, President of the Illinois Central; C. P. Huntington,
President, and J. C. Stubbe, Vice-President, of the Southern
Pacific;
George
Coppell, Chairman
of
tho board of
the Denver & Rio Grande; Thomas F. Oakes, President of
the Northern Pacitic; General W. F. Palmer, President, and
George F. Peabody, a director, of the Rio Grande Western;
J. J. Hill. President, and J. Kennedy Tod, a director, of the
Great Northern, and Russell Sage, President of the Iowa Central.
Aldace F. Walker, Chairman of the Interstate Railway
Association, was present, and of bankers Messrs, John Crosby
Brown and Howard Potter, of Brown Brothers & Co.; George
C. Magoun, of Kidder, Peabody & Co.; J. Hood Wright and
Samuel Spencer. Mr. Morgan was elected Chairman of the
meeting, and Mr. Spencer, Secretary.
dent,
The Western railroad situation was discussed at length, and
a most harmonious tone prevailed. The definite action taken
by the meeting consisted in the adoption of the resolutions
below. Mr. Morgan stated that, after long consideration, a
simple but comprehensive plan had been agreed to by the
Vanderbilt & Pennsylvania Railroad lines for their mutual
and competitive interests, and that based upon that plan he
had ventured to prepare a paper for the consideration of the
meeting. Mr. Morgan then read the following resolution:
"Resolved, That the presidents here assembled agree to
recommend to their respective boards of directors the passage of the following resolutions
:
Whfreas, It is to tlie l)encBt of tbe public and of the rallwaj companies wliose linen are situated west of^ Chicago and St. Loniaihnt tboy
sbould co-operate closely with each other In the uinna^einent of their
properties for the puriioso of securini; uniform, rcisonable and stable
rates for transportation and for such economies In the operation of their
properties for the better accommodation of the pulilic as will insure
equitable returns upon the capital Invested therefore be It
Resolved, First— That a new association shall be formed between the
several companies whose lines are situated west of Chlcaeo and St.
Louis, or such of them as may now become or may hereafter be admitted as members thereof.
;
Second -That the affairs of this association shall be under the management and direction of an advisory board to consist of the president
and one member of the board of directors of each company.
Third— That the advisory board so constituted shall have power to
establish and maintain uniform rat«s between competitive points, and
to decide all questions of common Interest between the members of the
association. It shall also have entire charKe. throuxh properly constituted representatives, of all outside aRcncles for the securing of trafllc
at competitive points. If any otflcer or representative of any company shall authorize or promise, directly or indirectly, any variation
from established tariffs, he shall be discharged from the service with
the reasons stated.
Fourth— That the rates established and the policy adopted by the advisory board at any time shall continue In force and be binding ui>on
all companies comprising tho association until altered by subsequent
action of the board.
Fifth- A vote of at least four-flfths of the members of tho association shall be required to make its action binding ui>on all.
Bixth— That the advisory board shall appoint proiwr arbitrators,
commissioners and other representatives, and adopt by-laws to carry
out the purposes of the association.
Beventh—That no company shall withdraw from tho association except after ninety days' written notice, by resolution of the board of
directors, to every other member of the association; with the proviso,
however, that the association shall continue for at least six months
from January 1. 1S91
Eighth— That under existing conditions It Is expedient for ttils company to set in operation the policy and plan indicated in the foregoing
as early as practicable.
Ninth— That the president and Mr.
, one of the directors of this
company, he, and they are hei-eby, appointed to be the representatives
of this company In such advisory board, with full power to act for this
company in carrying the foregoing preamble and resolution into full
effect.
Kontals.
Interest on detit
Oross earnings from operation
Operatluff exponsei
9.S,(H).|,Deo
2,250, 1 1 a
Taxes
RollMt,
June
«l,6I>.t,852
Tttfome
from
other
Interest on tiondsowned
Dividend Niagara Falls
Branch RR. Co
Total Income
eaiuiur
IHOO
RrofuodlngUtla* *
13,404
5,757
17,010
m
70.000
Black BIrer ?• Into 4«
aourrea^
Rent*
jaa
30.
ir7.aoo
>l.l57.11g
Surplus for year
Dividends, fl per cent..
•as8.iio«
399.808
91,601,025
Balance
9174.404
Sugar Trust.—Of the total issue of |iSO,000,000 of oertiflcates of the Sugar Trust, all but $4,380,000 have been depoaitad
in the Central Trust Co.
Thonisou-Honston Electric— The Boston News Bureau on
Thursday had the following: "Thomson-Houston Companr
has sold since last February $6,.'>00,000 worth of gecurities, and
with its net earnings this year, its net cash income from its
sale of common stock, preferred stock and bonds, together
with
its
000.
The
net earnings, should be the verv large »um of $10,000.total commissions paid upon the sale of 60,000 gharea
of common stock and the 48,421 shares of preferred stock sold
to bankers was lees than $75,000, including all expense. The
commission upon the common stock was $1 per share; the
commission upon the preferred 25 cents per share. The bankers purchased the preferred stock outright in blocks at different times. Upon November 1 the Tliomson- Houston Company
stood financially about as follows: Floating debt, $3 ,522 8Wassets, $18,000,000, including $6,000,000 open accounts, $879,000
cash and $1,850,000 due before April, 1891, for stocks add
bonds already sold.
"The open accounts have always proven good. In the aaseto
all patents are put in at only $810,000.
They formerlr stood at
$500,000, and would have gone in at $5,000,000 had the sale to
Villard been consummated."
Virginia Debt— The long-expected plan for the funding of
the debt of the State of Virginia, under the act of March 8.
1890, creating the debt commistion, has been pUced before
the advisorv board, consisting of Grover Cleveland. Thomas
F. Bayard, Edward J. Phelps, George 8. Coe and George O.
Williams.
Two weeks ago the bondholders committee.
Messrs. F. P. Olcott, William L. Bull, Henry Bndge, Charles
D. Dickey, Jr., H. R. Garden and John Gill, met and bad a
conference with Mr. Howard Potter, representing the London
firm of Brown, Shipley & Co., the depositary of the European
bondholders.
After mature deliberation a plan was laid before the advisory board, and considered most carefully by them, and the
advisory board gave a unanimous and cordial approval to the
plans submitted by the bondholders' committee, wiiich liave
also been approved of by the most influential of the bondholders here and in Europe. It will be rememlK>red that the
agreement of May 12, 1890, under which tho bondiiolders'
committee liave been at work, provided that the adviaorj
committee should unanimously ratify all their plans of adjoatment. Due notice of this step wdl now be formally given to
the parties in interest, and the bondholders' committee will
then be prepared to communicate with the debt commiasion appointed by the State of Virginia.
Wabash. President Ashley has issued a pamphlet giving a
very full reply to the criticisms made by Mr. Hermann Landau of London, who recently made an examination of W'atxiah
affairs for English security holders.
Mr. Landau iiad referrad
particularly to the low rates at which the business liad been
done, a condition of alTairs which Mr. Ashley thinks is not
confined to the Watiash. Mr. Ashley has acted wLsely in taking notice of the criticisms of the English representative and
in making an answer to them teriatim and in commendabio
—
There was a long discussion over the resolutions, and when
were carried by tne vote of fifteen
companies. The representatives of the Chicago St. Louis & tone. If more of our railroad officers would act in the same
Kansas City (the "Stickney Road") declined to vote, as they de- way they would increase the confidence and good feeling of
sired time for further consideration. The atflrmative votes were our foreign investors. Copies of tbe pamphlet can be had at
Mew York, or of Capt.
cast on the understanding tliat the following roada "should b/) the company's otSce, 105 Broadway,
invited to join" the association: The Chicago & Alton, the Francis I'avy in London.
Refei ing to the connecting link which it w prop<i«ed tocooKansas City Fort Scott & Memphis and the Miasotiri Kansas
atructbcuveeu Detroit and Chicago. President Ashley saya it is
& Te«as.
a most important and promising enterprise by which tbe
The meeting closed with the adoption of this resolution
finally pressed to a vote they
:
Setohtd, That Mr. Roswell Miller. President of the Chicago Milwaa
chairman of the adbee & 8t Paul Railway (Company, should aot
M
company
will utilize terminals equal to a oapitalisation of
j».
$5,000,OOOi which is more than half the coat of the c«.
:
:
THE CHRONICLE.
878
%tpovt3 and ^ocnmznta,
RICHMOND & WEST POINT TERMINAL
RAILWAY & WAREHOUSE CO.
REPOKT FOB THE TEAK ENDING NOVEMBEB
30, 1890.
As shown by
[Vol.
LL
INCREASE OF STOCK.
report, your Company
its last
started the year
with a heavy floating indebtedness. It continued to carry
this debt until it was thought wise, owing specially to th«
threatening financial outlook, to fund it. While it was necessary to offer the bonds and stocks to you at a very low figure,
the financial stringency in England and this country in the
past few months demonstrates the wisdom of the course pursued by your Directors. At the time this stock was issued, »
resolution was passed that no further issue of stock should
ever be made except by a vote of the stockholders, unless
first offered to the stockholders themselves.
In common with
To the Stockholders:—
Your Board of Directors respectfully submit the following yourselves, we regretted the necessity of making this large
increase of stock and of bonds at so Iowa figure, even to the
report
The position of your Company is stronger than at any pre- stockholders themselves, but subsequent events make us feel
that we should congratulate you upon the fact that during all
vious period of its history. It is now entirely free from all
the financial distress of the past few months your Company
floating indebtedness it has a cash surplus in bank of $526,762 82, loaned on demand $343,099 50, and unpledged securi- has been a lender of money and not a borrower.
It was also necessary during the year to increase the stock
It has acquired
ties of the market value of $3,050,000 00.
through the Richmond & Danville Sailroad Company and the of your Company for the purpose of acquiring such an addiEast Tennessee Virginia & Georgia Railway Company a tional amount of the stock of the East Tennessee Virginia &
controlling interest in the Alabama Great Southern Railroad, Georgia Railway Company as would give your Company a
and the lease of the Cincinnati Southern Railroad, and controlling voice in its management. Your Company has
through the East Tennessee Virginia & Georgia Rail- now, hQwever, arrived at a position where the acquisition of
way Company the control of the Louisville Southern Railroad. additional stock in the railroad properties it controls is no
Your system now reaches Mobile on the Gulf, Meridian in longer imperative, and therefore no further increase of stock
Central Mississippi. Greenville and Memphis on the Missis- is necessary. If it should be deemed advisable in the future
sippi River, Louisville and Cincinnati on the Ohio, Washing- to acquire additional stocks in the properties you already conton on the Potomac, West Point on the Chesapeake Bay trol, in order to perfect the unification of your system, it can
vour Company.
and Port-Royal, Savannah and Brunswick on the Atlantic; by be done gradually and at the convenience of "«
«
#
»
your steamship lines from Savannali and West Point it also It now commands the situation.
The
liberal
policy
pursued
by your company in reference to
reaches Baltimore, Philadelphia, New York and Boston. The
roads controlled by your Company thus forms a system cen- the lease of the Georgia State Road, the purchase of the State
tring in the Piedmont and mineral regions of the Southeast, bonds, and its efforts to give better facilities and promote the
wliich are and have been developing with such great rapidity, commerce and industrial development of all the States through
with lines radiating out to the Mississippi, the Ohio, the Gulf which its lines run, has met with most gratifying results, and
the fight upon it has given place to cordial relations.
and the Atlantic.
Large sums of money have been required to enable your
INCOME.
Company to bring the railroads controlled by it into such
The
net income, as shown by the Treasurer's report, is no
form
as
to
a
system,
and
relations
this
haa comharmonious
test of the value of your properties.
As heretofore stated, it
pelled the issuance of a large amount of securities, both bonds
it has been the policy of your roads to improve their physical
has
now
Company
acquired
your
but
a
controlling
and stock,
condition
and increase their facilities for handling business.
voice in all the important railroads necessary to perfect the
It is a noteworthy fact, as shown by the accompanying resystem it undertook to form. The important work now beports,
that
the feeders which have heretofore been a drain
fore it is confined to matters of administration, to the further
upon the main stem of your properties are rapidlv becoming
unification of the railroads it alreadv owns, to their more
self-supporting
that a large amount of the low-price stock
complete identification with each other, and to their more
and bonds of these subordinate roads held in your treasury is
harmonious management. Important steps have been taken
steadily appreciating in value
and that there is a reasonable
during the past year to secure tliese ends, and it is a gratifyprospect of dividends from properties which have heretofors
ing fact that the roads controlled by your Company are being
required
financial
assistance.
more harmoniously managed than ever before. They are
CONCLU8IOX.
•bowing very handsome increases in the tonnage carried and
in their gross earnings. The average increase of gross earnAdditional rolling stock will be provided during the year
ings over the Richmond & Danville Railroad for the last fiscal by all of your railroads, and
your Directors will use every
30th, was $246 per mUe, aggregating
effort to mould your various hues into a unified system and
fear, ending June
1,568,800; over the East Tennessee Virginia & Georgia Rail- to secure pormaaent harmony
in the operation of the several
way, $569 per mile, aggregating $2,804,982; over the Central railroads you control in order that you may
receive the full
Railroad & Banking Company of Georgia, $448 per mile, ag- benefit of the increased tonnage
and the consequent increased
gregating $1,390,330, making a total of $5,764,112. All of business and earnings of your
properties. In this connection
•which will more fully appear from the tables given by the it may be noted that your
Board expects to perfect such arTreasurer and from the rei^rts of the Railroad Companies rangements with the roads beyond the
Mississippi as will add
herewith submitted.
considerably to the increased earnings of your lines, and open
The increase of net earnings has not kept pace with the in- up a wider market tor the products and
manufactures of all
crease in gross, due chiefly to the fact that the roads have the country served by your
roads.
been making improvements in their physical condition, and
JOHN H. INMAN, President.
large expenditures have been made for this purpose. The re;
;
;
not only that the physical condition of your roads has
but also that the large additions to rolling stock and the better facilities for handling both passengers
and freight are steadily tending to the development of the
comirierce of the country tributary to your lines, and to the
increase of their earnings. The outlook for the important
Southern roads has never been more favorable.
sult
is
been
much improved,
PURCHASE OF THE STOCK OF THE ALABAMA GBEAT
BOUTHERN RAILWAY COMPANY, LIMITED.
On
the 80th day of April, 1890, the East Tennessee Virginia
Georgia Railway Company and the Richmond
Danville
Bailroad Company, with the consent of your Company, conshares
of
34,000
of
the preferred stock
cluded the purchase
and 78,301 shares of the common stock of the Alabama Great
Limited.
Company,
This
Southern Railway
Company held in
its treasury only 10,000 of the 30,000 shares of the lessee company of the Cincinnati Southern Railway. It was therefore
necessary to make provision for acquiring in addition sufficient stock of the lessee company of the Cincinnati Southern
Railroad to give your Company the control of a majority of
the stock. To pay for the stock of the Alabama Great SouthRailway Company, Limited, above mentioned, and to
acquire sufficient stock from the lessee company of the Cincinnati Southern Railroad to give yoxu- Company control, the
East Tennessee Virginia & Georgia Railway Company and the
Richmond Danville Railroad Company united in making a
mortgage to secure six million dollars ($6,000,000) of coUater^
trust bonds, which were also guaranteed by yoiu- Company.
The acquisition of this stock giving control of the Cincinnati
Bouthem and the Alabama Great Southern railroads is of
great value to your Company and the system of railroads it
controls, giving it a direct route to Ciiicinnati, atd tlirough
the Louisville Southern to Louibvil'e, Keiitucly
The importanc6 of these roads to your system canuot be over-estimated.
&
&
em
&
,
TREASURER'S REPORT.
The Mileage of the Railroad Systems owned and
by this Company is as follows
controlled
:
Richmond & DanTille System, railroads
Water Line, equivalent rail distance
3,t97-a
200
3 397* J
l'745-B
East Tennessee Va. & Ga. System, railroads
Central BR. of Ga. System, railroads
2,361
Water Line, equivalent rail distance
300
Controlled jointly by East Tennessee Virslnia
Goorgia Railway Company and Richmond & Danville Railroad Company:
Cincinnati K ew Orleans ck Texas Paoiflc Railway
Alabama Great Southern Railroad
336
290
620
The East Tennessee Virginia & Georgia Railway Company has recently also acquired by lease the Louisville
Southern
n AAl
'
&
RR
123«
Total mileage controlled
8,553'5
The above shows the following increase in the mileage ol
owned and controlled since the last report
Richmond A Danville RR. Co
107'4
East Tennessee Va. & Ga. Ry. Co
117-4
the Systems
.
'..'.'.'.'.'.'.'.'.'.'..
Central Railroad of Georgia
^^
Cincin«ati Southern and Alabama Great Southern
Louisville Southern
Total incrtaseiiQce
.'.'.",
58
626
123't
November 30tb, 1889
GENEBAL ACCOUNT.
1,032-9
Dr.
Stocks, bonds and property
$90,280,146 65
Bills reccivalle
387,323 06
Due by compunii^ controlled
1,077,816 97
Lnpaid subsciiiitiOL* to privilege of
May 21st, 1890
90000
Cash....
626,762 82
f»2,273,94» Cf
3
:
Dkobmbbb
THE camoyicyjt
30. 18V0.J
aiUBKAL xcoovm—fOmitinuetl.)
SIX PER CR!«T COT,T,ATBRAT. TRT7ST no?rm. |»,BW,MI».
datbd rantrAir 1. 1887.
oca rmsAir i, 1997.
CSltTRAt TRVrr 00. or XltW TOHK, TmUm.
or SBCUBITIIM DEPOOtTKU WITO TBUMTKK TO ttOVtin
Or.
970,000,000 00
5,000,1100
0,(VOO,000
u
null
.,
...,....< ..tl
(.llrctiMt
biimlit.....
tru>tbuud«...
:;--;v'
no
00
Un
11,000,000 00
8,400 UO
0,010 00
e82,S7i 00
RAID BOKM.
992,273,040 BO
It will Ix" seen from the General Account that tho Company
hail no lluuting indebtodneas of any kind ; and other than iu
ordinary investments in stocks, bonds, etc., above mentioned,
/or
Total
$1,423,430^
412,650 00
28,100 W)
240,847 50
11 8,025 64
74,476 80
Total
91,213.000 04
9210,330 00
Net revenue for year
Profit and Lots A eeount—
tftnttftt.
000
()o."
•*
abii
10
.
f- •ftlBwi IPr *^
ihd. prcf. stuck of Col.
SB. 0*.
FIVE PER CENT CONSOLIDATED FIRST MORTOAOB
COLLATERAL GOLD TRUST BONDS.
AxoiTirr IHVCD, 911,063,000.
datid
Uawk
i,
Vom Waiom
1880.
1,1014
LIST
CSSTBAL TRUST OOUPAffT OT KBW TOSK, IViMte.
OF BECUEITIES DEPOSITED WITU TRCnCB, VTOH
WlllCn THESE BONDS ARE A FIRST LIXV.
Par Yahu.
StoOU and bondt ti w wyaf.
Tatvtd at
911,990,000 $1,196,000 119,000 shares capital stock of the Oeorste
ferred stock
20,462
For the acquirement of 19,300 shares East Tennessee
yiiKinia ii Georgia Railway Company common
stotk
9,700
For the acquirement of 10,769 shares Virginia Midland
Railway Co. stock
21,538
Issued to acquire other stocks of roads controlled
8,886
Sold to stockholders under privilege accorded by resolution of the Board of Directors, adopted May 21,
1890
115,186
Total
The following changes have occurred in the
indebtedness of the Company during tho year
470,000
3,100,000
4,370,OC0
1,397,000
625,000
"
815,000
120,000i
30,000
30,000
3,000
708,100
1,416,200
7,081
3.447,000
2,283,200
3,102,300
220,000
4,225,000
264.0001 2,200
1,056,000.42,250
1,200 shares capital^ stock of Northeastern
{R. Co. of Ga.
capital stock R. « V. Railroad
Co.
capital
stocks AD.Bailroad
3,347 Georgia Company bonds.
1,826,.560 22,832 shares E. Tcnn.Va. * Georgia flnt
preferred stock.
85,367,000 00
2,941,666 66
92,415,333 34
Increase in Interest-bearing Indebtedness
To enable the above increase in the issue of five per cent
collateral trust bonds, the following securities were deposited
with the Central Trust Company, Trustee.
Georgia Co. 5 per cent collateral trust bonds
Central RB. i Banking Co. ot Ga
E. Tenu. Va. & «a. By. Co. first preferred stock
E. Tenn. Va. & Ga. By. Co. second preferred stock
Western Railroad Coi.
315 geni mortg. bonds Nortbeaatera BB.
Co. ofOa.
236,250
300,000
"
Five per cent collateral trust bonds. Issued for the purposes of tho privilege accorded to common stockholders by resolution ot the Board of Directors adopted
4,700
*
1,500,000
"
"
Char. Col.
A
210,000
1,010,000
"
:
payable November 30, 1889
280,000
3,160,000
196,472 shares.
interest-bearing
May 21,1890
* Aoffnsta BaOroad Compan'
,„nT.
ottcapl
capital
stookVi
filtali'
Railiway
Iway
Co.
•7
108,000 31,600
com. capital
caplt
stock Wi
N. C. ftaUroad Co.
310,000 31,600
pref. slock of West. Ho.
Car. RR. Co.
600,000 43,700
eapllal stock of Oa. Pactt*
R.illway Co.
340,200
1,307 Inooms bonds of Georgia PaoUo Rr.
Co.
107,500
215 second mortg. bonds of Ashevins
Spartanburg RR. CO.
104,000 10,410 shares capital stock of AsbovUle *
BparUnbiirg RR. Co.
312,500
625 income bonds of W;>iib. Ohio A We«tern Bailro.-ul Co.
100,000 15,000 shares capital sUwk of Waab. Oblo
600,000 13,000
1,300,000
11,700 shares.
stock
For tho acquirement of 20,462 shares East Tennessee
Virginia & Georgia Railway Company second pre-
93,447,000
220,000
2.28:i,2()0
4,225,000
"
"
Oeorgia Central stock.
E. Tenn. Va. A Ga.
preferred stook.
I
940,845,300 915,195,560
These bonds are a second lien on the securities deposited to
secure the $5,500,000 six per cent collateral trust bonds secured by mortgage to the Central Trust Company, Traate«,
dated February 1st, 1887. .
These bonds are an additional lien upon the 3S,001 sharea of
Richmond & Danville KR. stock, subject to the Preferred
Stock Trust Agreement, dated December 6th, 18S6, and Supplemental Trust Agreement of September 30th, 1887.
* As the comjiany has now no floatln? indebtedness, thero will be no
oorrespondingiteni of this account during the current fiscal jear, but
the company will derive Interest from Us liilhi receivable aud advances
A.
J.
RAUH,
TVeasurer.
to companies controlled.
COMPARATIVE STATEMENT OF GROSS EARNINGS, EXPENSES, NET EARNINGS,
SroM
Bxpmtei.
Barrtingt.
BOADS.
1800.
ToUI
Wtw
917,«»6,90ol914.B41,»OOl
9340,545 89
132.6U8 55
210,330 06
Balance to credit November 30th, 1890
9692,574 50
The common capital stock of the Company has been increased during the past year by the issue of 106,472 shares for
the following purposes
For tho acquirement ot 3,600 shares East Tennessee
Vligiula & Georgia Railway Company first preferred
Rich. A Danville BR. Ca
*. Tenn. Va. ft Ua. By. Co
Cent. BB. ft Banking Co., Ga
h Qtmitni
ftR> COt
1,330,000 1,330 l(t ootuolliUtad OMrl boada
N. C. BB. Uo.
1,644.000| 4,1 10 2d mort. bODdt WeafatB M. 0.
4,110.000
O^
tT
ComMny.
to credit this account November 30th, 1800
8uudr}' credits during the year
Credit net revenue for the year
Balunoe
bills
1,000,000 31,000
1333,000
93.30,000 00
,">
mt* Btm4t
On
t
9,100,000
1,000
DlvltlriiiU
Erpeturs—
Ijilrrpst ou 6 per cent collateral trnBt bonds.
Intoiost on
per cent collateral trust bonds
Intercat on Gi\. (\>. 5 per ucut collateral trust bonds
Dividends on preferred stock
"Interist uud d LHcount.
General and legal expenses
ttothi
R
Repmne—
on RIoliinond ,Se DaDTllIc RR. stock
9107.810 00
DtvtilentU on ICiiDt Tuuuosseo Virginia & Georgia. R'y 1st
iircf orretl Bt<><^k
448,320 00
IMvlilundH oa Central BR. & Banklus Couipauy of
tit'oiKiit
328,800 00
Interest on Kniit TcnueMee Virginia & Georgia lat mortgaKecxtaiislon lionds
7,&00 00
Conpons on sundry bonds owned by tills oumpajiy, matured during tlie x>a8t year
141,00000
7aht*Aat
Talu*.
91.7ao,BOO 93.031,800 t7,aw shuM eaultal •tiMk
* D, BR.
* """ ~""
0,000,000
«,000,000,«0,000 sllsroa I »( pr«f. .Utck of B. Tmb?
* Oa. Killwnr Co.
1,000,0001
000,000 10,000 sbnr
has assets, consisting of cash, bills rocoivabh' and advaoOM to
companies controlled amounting to |1, 003,883 85.
IHCoaB ACCOUNT TKAR ENUIKO NOVBHBKB SOTII, 1800.
Less amount of
879
5.«00.;i3 73
18»0.
1889.
.
FOR YEARS ENDING JUNE
KU JCamKigt.
UM.
FtxtdCharm.
lem.
S.10K.OXU S411,M143 23S0.SnM
1890.
'
».t78.70»«8
M78.3SS»4
2.1U.4ea 81
S,i38.8l« 1«
Ltt*.<i»7» l,Ul,0t»80
21,3«aB67 07 18.828.S63 «0 M.089.MS nlll.770.774 «5 7.«7V.4U IM
e^H^uees
6,tl0jBM07l
8.7«7,0(H IS
4.!>0«.IMOa
«,3Si,«2a«3
7,87«,7»l 08
S,7O2,0»6r7
b.-nSjat 9i
2.M4.S88 1«
2,3<6.1«6
1890
30,
A
1889.
6mrrhu.
lase.
M
T.MI.UBSl
....
188».
&c..
ijmjatn
KM.
tarn.
iMasv
tjctajmimi
8^8
«,ntjt»w
AUXILIARY ROADS, EX0LU8ITK OF THE ABOVE.
Orou Eamingt.
\
Expcnm.
Xtt i:aniint$.
wind Ckarf M.
aoTfbU.
Bo ADS.
1800.
Afsrenste
law.
18P0.
...
19.08242814 18JW7.618 71 U41S,870 S7 U,Ua,«HS7! 6.870,267 77 4340.Sa8«
4t..<l«1.0U6 21 3S.6(M.(I83
1800.
& Danville Railroad Oo
East Tenn. Va. 4 Ga. RaUway Co
Cent. Railroad & Banking Co. of Georgia.
laiB.
^i
6,Sl«,M8n «.n«jsiM
61 98.202.412 *H anR'>7.47I 12 t«I6«<W«7» ll.miR.A12 4» in.<W7.II«<IB
AVERAGE MILES OPERAlEID.
Richmond
1888.
7.M5.468«6 «,618.S55e2 6.W2.179 4.^ 4.778,78187 i.»43.«a»n 1.7W.EMS6 t.ai*5vr«6
8.742.090M 7,134,713 81 6.780.21148 4.81.1^^80 2,BT&.88>aT t.«»jse8i
S,SU.M8W 3.314.640 48 2,004,478 44 2,4S4,aU8a 800.08848 88o.i»ae
Blch. 4 Danville BB. Co
15.Tenn. Va.*Ga. Ky.Oo
Cent. BB. ft Banking Co.. Oa
Total
18M.
1880.
isoo.
MM.
'
•»l*7»«t
MtTM
•,1mm
MMoau
«TJN«
O.tM 44S iwl «.tti.4ar<J i.9s>Mru
issa
i'fS
StSS
3,o»*
8.) 1
198B.
9,099
LSOft
K«9a
t,9lT
.
.
.
11
THE CHRONICLK
880
Friday. P. M., December 19, 1890.
as indicated bv our telegram
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 268,327 bales,
against 257,529 bales last week and 241.318 bales the previous
week, making the total receipts since the 1st of Sept., 1890,
The Movement of the Crop,
19, 1890.
The financial situation has much improved as a result of the
action of the Federal Treasury, the importation of gold, and a
better marliet for foreign exchange, but many failures continue to be reported, and the indisposition to enter upon
IVOL. LI.
COTTON.
^ommtvcml ^imjes.
COMMERCIAL EPITOME.
^Itje
Friday Night, Dec.
new
at—
Receipts
Mon.
Sat.
Tties.
VTed.
Thurs.
Fri.
Total'.\
5,341
4,897
40,269"'
18,075 10,380 28,569 12,404 14,521
1,630 5,284 1,107 1,125 1,386
5,894
1,132
5,162 10,262
5,594
9,013
847
.
March delivery
April delivery
May delivery
Pork was
ter
demand
c.
6-43
6-54
6 65
6-41
o
c.
665
6-42
....
6-63
6-40
6-51
6-63
Fri.
6-11
6-24
6-36
6-47
6-57
6-26
6-3S
6-49
660
and depressed, but closes steadier, with a betquoted at $10@$11 for old mess, §]3g)$12 50 for
dull
;
new
11,664
362
362
5,806
7,386
2,367
33,102
7,386
16,658
41
4,469
4,694
5,943
5,062
2,221
5,236
2,959
2,261
1,614
253
1,512
606
1,319
429
3,857
2,421
5,942
1,509
4,569
3,930
4,505
1,734
4.434
1,302
755
900
1,037
538
884
287
723
964
3,420
2,476
3,264
2,007
1,142
698
698
12
832
26
103
28
1,057
2,058
Totals this week 39,211
608
84?
89,843-
3,925 12,672
;
Thur,
41
350
292
292
28,727
13,372
3,264
5,944
4,331
54,953 53,741 40,087 35,344 42,991 266,32'.«..
For comparison we give the following table showing th*r'
week's total receipts, the total since September 1, 1890, and
the stock to-night, compared with last year.
1890.
Jleceipts to
This
Week.
Dec. 19.
Galveston
1890.
087,055
38,764
1,
40,269
. .
1889.
This
Week.
Si7ice Sep.
Slock.
Sitice Sep.
1,
1889.
634,985
1890.
1889.
103,125
74,975
meas, $9 50(a$10 for extra prime and S13@$13 50 for
ElPaso.&c.
847
8,801
6S3
4,433
clear.
Beef quiet and unchanged: extra mess §7 50ig|S, New Orleans. 89,843 1,037,275 93,739 1,244,439 274,172 337,378
11,664
178,151 10,406 172,296
packet $8 25@ $8 75, family §9® §10 50 per bbl., extra India Mobile
26,704
37,946
362
24,550
198
16,857
mess $13 50@$15 50 per tierce. Beef hams quietat $120512 50. Florida
Savannah. .. 38,102 718,523 36,571 694,877 123,401 102,099
Cut-meats have further declined; pickled bellies of 8, 9 and 10
7,38f>
Bruns., <tc.
112,595
6,674 103,302
14,108
11,239
lbs. average all selling at 5c. close is steady and quotations as Charleston .. 16,668
303,764 10,984 286,977
54,626
37,041
follows: pickled bellies 4J^(g5i^c., pickled shoulders 4@4}^c.
529
P.Royal,&e
41
183
1,126
Wilmington
4,469
139,081
5,545 10S.281
17,638
14,819
and hams 7J^@7J^^c. smoked shoulders 5}^ gSJ^c. and hams
Wash'tn,&c
293
2,212
364
2,213
8J^@9c. Tallow is lower, with a fair business at 4i^c. StearNorfolk
26,727 369,522 17,616 274,382
48,989
26,105
ine is quoted at 6^^® 7c. and oleomargarine 5i,^c. Butter duU
West Point. 13,372 201,671 12,984 214,990
18,570
at 23® 31c. for creamery. Cheese steadier at S},i@9J^c for
NwptN.,&c
21,018
3,264
1,728
608
2,539
29,287
New York. .. 5,944
19,314
State factory, full cream.
65,519 101,766
39,039
7,485
4,331
37,495
20,000
18,500
4,156
27,591
Coffee on the spot is firmer. Rio quoted at nSg'c. for No. 7, Boston
Baltimore. ..
698
29,226
12,569
2,951
1,824
17,946
but the only transaction of moment to-day was 2,000 bags No.
Phil'del'a.&c
2,058
20,644
6,734
10,576
1,511
16,150
6 Santos to go to Baltimore at \&%c., c. f. i. Mild grades in
Totals
266.327 3,964.426 252,256 3,869,671 799,125 767,561
fair request.
The speculation in Rio options, though stronger,
In order that comparison may be made with other years, we
has been very slow, the transactions of the whole week are
give below the totals at leading ports for six seasons.
hardly equal to one brisk day, and to-day showed some de1890.
1887.
1889.
1888.
1886.
1886.
pression, part of the recent advance being lost, closing steady, Receipts at—
;
.
;
with sellers as follows:
December
17'40c. March
15-fOo.
18-350.
15-250.
I
June
14-90o.
14 63c.
January
July
16-55o. April
February
August
16'05o. May
1435c.
Raw ahgars are again easier at 4 9-1 6c. for fair refining
Muscovado and 5)^c. for centrifugal of 96 degrees test, at
which there has been rather more doing. Itefined sugars
about steady, with a fair demand, at 6%c. for standard
crushed and 6c. for granulated. Molasses dull and easy. Rice
I
in fair demand and steady. The tea sale on Wednesday went
off at generally easier prices.
The business in Kentucky tobacco was limited to the wants
of home buyers; nothing was done for export. The dealings
in seed leaf have been about steady; sales are 1,820 cases, as
follows: 120 cases 1889 crop. New England seed leaf, 20@24c.;
150 cases 1889 crop. New England Havana seed, 16@40c.; 150
cases 1889 crop, Pennsylvania Havana, 13J^@ 30c. 200 cases
1889 crop, Pennsylvania seed leaf, 9@ 12c. 200 eases 1889 crop,
Wisconsin Havana, 9{gl2c. 150 cases 1889 crop, Ohio, 83^@
lOJ^c; 150 cases 1889 crop. State Havana, 133^@20, and 100
cases sundries, 6@3oc.; also 600 bales Havana at 75c.@$l 15
and 75 bales Sumatra at $1 85(3 $2 85.
On the Metal Exchange 50 tons Straits tin sold to-day at
20-35c. for January
quoted at 20-50c. on the spot, against
20-85c. yesterday, and 20'40c. for March.
Ingot copper is
nominal Lake quoted at 14-90c. Domestic lead, though dull,
is rather firmer to-day, and quoted at4-15c.
Domestic spelter
neglected at 6c. The interior iron markets are dull. It is reported that manufacturers of steel rails have combined to
maintain the price at $80.
Refined petroleum is quiet at 7'30c. in bbls. and 9-30c. in
cases; naphtha 7-20c crude in bbls. 7c.; crude certificates
were the object of much speculative interest to-day and advanced smartly, closing at 713^@72c. per bbl. Spirits turpentine is quiet at 38@88>>.<c. Rosins are easier, with more
doing, at $1 40@§1 45 for sUained. Wool and hops verv dull,
but not materially lower.
;
Galv'ston.&c
Orleans
Mobile
New
Savannah.
..
Charr8t'n,Ac
WUm'gt'n,&o
Norfolk
Wt Point, <&o
All others
Tot. this week
26,727
16,636
20,779
39,447
93,739
10,406
36,571
11,167
5,909
17,646
15,523
21,848
36,075
85,201
10,702
35,151
15,287
8,722
23,429
19,283
21,060
15,905
68,236
10,802
28,909
19,745
6,516
20,092
17,928
14,726
35,752
110,373
17,185
35,587
15,628
6,398
25,652
20,105
16,365
30,380
97,200
14,195
27,481
17,663
3,149
26,251
9,672
14,170
266,327
252,258
254,913
202,859
283,045
240,166
4,761
The exports for the week ending this evening reach a total
of 191,666 bales, of which 89,943 were to Great Britain, 15,495
to France and 88,229 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1890.
;
;
41,116
89,813
11,664
38,102
16,699
Since Sept. 1. 3964,426 3869,671 3389,928 3796,726 3519,180 3417,390
Week Endinf Dec.
Exported to—
;
;
.
3,964,426 bales, against 3,869.671 bales for the same period of
1889, showing an increase since Sept. 1, 1890, of 94,755 bales.
engagements which is usually seen on the approach of the Galveston
El Paso, ifec.
Christmas and New Year holidays has been very pronounced.
New Orleans...
Speculation and regular trade alike have therefore been dull,
Mobile
and such efforts as have been made to promote a higher range of Florida
values for leading staples had but slight and temporary success. Savauuah
A violent storm passed over a large portion of the country on Brunsw'k, &c.
Wednesday railroads were obstructed by snow and telegraph Charleston
Port Roya!,&c
lines were prostrated, but no serious damage was done.
Wilmington
Lard on the spot has declined, in sympathy with the specuWa*'gton,&c
lative market, but closes active and steadier at 5'50c. for Norfolli
West Point...
prime city, 6-053 6-07i^c. for prime Western and 6@6-45c. for
N'wp'tN'8,&c.
refined to the Continent. Lard for future delivery showed
New York
some depression, but to-day was active and steadier. The
smaller receipts of swine at Western points led to a demand Baltimore
to cover contracts and sales aggregated 6,000 tierces, mainly Phlladelph'a,&c
for January, at 6-10@6'13c.
SAII.T OLOBIHO PRICES OF I.AXD FUTURES.
Sat.
Mon.
Tuet.
Wed.
6-13
6-15
January delivery
o.
613
6-l'2
6-28
6-28
6-27
February dell very
630
o.
-
1
Exports
|
Galveston...
New Orleans
10,382'
21,28ti
Mob.&Penc'la
Savannah
Brunswick
Charleston
Wilmington...
Norfolk
West
Point.
OonM-
Qreat
from—
. .
N'port Nws, Ac
11,155
from
19.
Sept.
1.
1890, to Dec. 19, 1880
Exported toGreat
Total
Week. Britain.
1,388
11,748!
33,106
72,128
*>-«"<;«
311.089 20.241
Sll,172|195,lll
18,8101
18,111
88,512
87,158
67,228
16,330
137,931
11,519
5,231
8,150
6,281
1.711
1.714
11,801
1,060
1,100
New York
12,615;
Boston
Baltimore
12,206
1,680
1,010
71,8011
1,789
13,3111
226
12,131
1,000
5,680
Total.
85.954!
271,127!
...
29,213
6,629
1«,S19
«9,213
8,529
4,518
Continent.
...
...
';8,705
...
ll,38l!
...
182,088; 13.891
256.685
1,350
131,119
18,022
26,650
11,810
79,151
215,207
i
Total. 1889
.
.
6,183
176,133
83.516
11,381
986!
2?,191i
88,.<<i3
j
918
Phlla(lelp'a,&c
Total
...
36,686:
115,250
280,657
67,821
81,880
;
86,339;
897,261
Sll,013
16,810
343,611
7,738
...
1,665
p,393
89,812
15,105
86,220 191.688 1,180,929281,122
933,9812,716,012
78.154
S«.2,'!S
81.898 184.100 1.551,175
832.168 8.718,318
3.<i2.615
«
..
Deokmber
20,
1
We
um
Trk saum Aim PBtoM or ftit
oomprehmdre tabic:
BrlUtiM.
Ooatt-
(Mh*r
Franei.
StoeAt.
Tolal.
Kiite.
a: ?
:
N«w Orleans...
M
32,873
8,500
6,700
4,100
19,064
13,500
4,200
28.000
21,350
None.
None.
2,200
4,322
Nunc.
None.
None.
15,106
Total 1890... 110,937
27,881
61,185
Total 1889... 106,168
88,107
Total 1888...
27,857
21,918
82.752
80,703
l)ilo
C .arlestoa
.. ..
Savannah
C ivestou
N.Tfnlk
Niw
York.......
Other ports
802
None.
None.
6.500
7.000
7,219
9,000
4,400
70,200
8,500
14,200
18,400
41,017
25,000
8,600
39,000
208,978
29.440
40.426
109.001
62,108
28,989
56,919
62,347
224.917
674.208
242.05.'S
625,506
668,017
1.000
4.200
10,412
2,500
None.
None.
n,ooo
18,914
j
{
25.27A
21,135
211,923
--.2
8^
but
:
tth
t
9 lb. 6^
Ordinary
Btrlct Ordinary
Good Ordinary
Btrlct Good Ordinary
Low Middling
Btrict Low Middling
73ia
8ll6
g,
9ie
9%
9\
9H
Good Middling
Middling Fair
Fair
GULF.
» lb.
6%
9%
939
9%
Wed
6\
6\
7h»
7»i«
7Ht
8'',«
8'ig
81 1«
8',g
g, '•
9^
939
9H
9>s
9%
9\
10
10
10
10>9
IOI9
10>3
10>g
11
11
11
11
wei
RIon Tnea
7>i«
7>9
838
71,8
7I3
838
7»I8
7>a
83b
8%
8%
9^
8%
838
7«»
8*8
8%
8%
Fair..
STAINED.
Sat.
* lb.
Oood Ordinary
Strict Good Ordinary
Low Middling
Middling
UARKl:-r
sales of cotton
6%
8
8
8
8H,a
8"l8
8'»18
8»3|.
Saturday Dull and easy..
Monday. Quiet
Tuesday.. Quiet
216
Total...
$U.
96
159
164
95
165
641
Wcd'day Quiet
Thursday Dull and easy..
Friday...
IVon-
Oon-
DuU
216
1,210
....
cots
.
<
9
l« M
to
,
toto
-S-S
-)os
:
Oto
^
toco
-j-j
2
*•
oow
l«
:
u
toooto
w
tp»
^
2
''
tax
^
OD-i
2
"*
....
00
.
Puturtt.
Total.
•?
tesos
lis*!?
C60>
W
ep(0
u>«^
^
9
«eo
«e
tOCOOtD
2
fflo-
•»:
toto
oto
toto
*4-J
9
WW
^
2
•.*;
I
tDSOOO
^
"^
b tf
tOtOQtO
COtOOtD
di*»
N*W
2
^
toto
-i-j
I
(OtOOtt
^00
too
1^
toco
2
"
<ii<t
2
«.":
tOtSOfO
»<.-
toto
S
mm >
^
OC-4
Cft
o»>
gg
«.":
I*.-;
CJ
^
2
•.«:
00
tOCOQtO
totooto
-5-.i*-i
".a
teoD
0000-3
:
I
tD<D9tt
toeooto
OiO>
J
2
?•
«
mm
COCO
8
?
09
tOCDOCO
^
I
5
?!.-?
•r:
f
totooto
10
0>
i
I
toots
ww*c>
^CO
10
>
<
I
f
>l
1
l«
1
1:
I
I
1
1
s
I*
l«:
1
I
1:
P
I*:
1:
*l
1:
11:
;:
I
1:
1
• Includes 8ale» in September. 1890. for 8«P^"»>«»'J»;3?^„??S|Sfor November.
ber"ctober, for October, 349300; September-November,
and .hall e^n^^V^It
*I^*VV-"e have Inohided in the above uble.
nrlce of futures each day for each montk. »
wSk to ^ve. the avera.cc
"
T»«
each day followinit the abbn'vlatlon .Vver.
U
found under
wee»l^aom«B.tboUom of^bjj
rJera^e fo?cal.h ...onth for «he
™"~"''
Transferable Orden—Satimtay,
T^L .SKV^ZISL
o.
O-OSe.;. FrHUy,
9-05C.; Wednesday, 9 05c.; ThurrMlay,
exchanges have been made during the week
win
BALBS OF SPOT AKD TEAMSIT.
tump. „1^4-
^
2
I
on the spot and for futnre delivery
Ex-
%
toto
-i-j
l«:
AND SALZS.
port.
oto
Fri.
days,
CLOSED.
ta
1,8
8
SPOT MAKKBT
o».
101,8
10^,8
101»,8
11^,8
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same
CDtDOtO
9',e
9
CCCOQtD
I
Ob
CO
8^
8%
9%
61^
7>6
8
81S„
813i«
«,":
tOtOQtO
^
2
UW
ODOD
UN
goto
I
6>9
7>e
8
2
'^
d»
OP
coto
-j-j
wo—"'
I
to
too
s>
7'a
3
COtOOtO
g, '«
7>«
7%
^
toa
toto
Wed Tb.
6^
6»a
7ie
•'
c>ci'
RIon Tnea
6I3
7>e
2
ooa
»,»
otooto
(Otto V
to
toto
I
91s
938
»:
w
PrI.
919
9>8
9>e
9T.8
9'|8
9^n 9'i8 91.8
9ll,8
9llie
9"l8
101,8 101.8 101,8 lO'i, 101,9
1105,8
106l8 105l« 105,8
101*1, 10la,8 101*ie 1013l8'101Si8
1115,8
IIB,
115,8
ll»i«
ll»i«
9>8
4.»:
1
cotooto
2
"^
^
gg'
«<0
2
"
——
-i-j
011^
i^^0.2t
M>^*
gco
^
9
»»
o<i
00-)
toto
11
Til.
tteo9
(0»
w
an 00
'Ot
OP
»*:
I
10>«
Wed
MS
tsooco
tetsoto
9\
10>s
11
**
<oo
10
10
^
<J>
e.
^
2
»g
"•
T».»;
tOI^Q^
«.'
1
t&QDQtO
p^pS.OJt
00
I
ee
ODCO
toco
is-?
CD
,ete
Pri
TI>.
6%
10
Sat.
Ordinary
Btnct Ordinary
Good Ordinary
Btrict Good Ordinary
Iiow Middling;
Btrict Low Middling
Middling
Good Middling
Btrlct Good Middling
Middling Fair
The total
6H
73i8
8ll6
8'i«
91a
938
Mlddllnpr
Oood Middllnj;
Strict
nion Tnea
9
*>u
CDCOQO
too
—
Sat,
<C<601D
*•
*.«»;
I
«.-:
I
w
were to arrive. The following are the official quotations for
each day of the past week December 13 to December 19.
UPLANDS.
^
9
(pep
UU
ah Eh
tOfO^tO
.-.i®.cy
:
I
-iw
MO)
—
—
—
li
t09OV 0<PO<D
wmm"«
m?:
I
•g
:
I
<&VO40
the
at
K|J k^
iTiiTii!
•
«
•
lower prices there
the close, in view of compartowns, was steadinterior
at
receipts
atively small
The market to-day was very unier and more active.
The opening was weak, but an early improvement
settled.
took place on a steadier closing at Liverpool and a smaller interior movement for the week. Then a momentary decline
was caused by the issuing of maximum crop estimates; but
the market soon rallied on the small receipts to-day at interior
towns. Cotton on the spot was without cliange in prices, but
at times was offered rather more freely. To-day the market
was fairly active and steady at 9%c. for middling uplands.
The total sales for forward delivery for the week are 817,000
For immediate delivery the total sales foot up this week
bales.
1,426 bales, including 216 for export, 1,210 for consumption,
bales
in transit. Of the above
for speculation, and
weak Liverpool report,
was more doing, and
t>r*«
«
3:
:
I
The speculation in cotton for future delivery at this market
opened the week under review with an uncertain tone, but
on Monday took a stronger tone. The improvement was due
in considerable degree to the reports of measures agreed upon
and proposed for the relief of the financial situation, and a buoyant market on the Stock Ebtchange. But on Tuesday a dull
Liverpool market, increased receipts at the ports and a weak
stock market, caused selling to realize, under which most of
There was besides a half-holiday
''•iT)nday'9 advance was lost.
tope to all speculative circles and a general disposition to
postpone action until the beginning of the new year; and on
Wednesday the fluctuations were within the narrowest
limits, with transactions footing up a very small aggregate.
On Thursday prices declined a few points under a
«m
i! Iff! iiiiil nil
lli FIE im
3\f
IMnbta
Oreat
881
following
not eUartd—fbr
On Shipboard,
at-
1
THE CHRONICLE.
18M,1
In addition to aboye exports, our telegrams to-night also
give us tlie following amounts of cotton on Rhi|>tK>ard, not
add similar llgures for
cleared, at the ports named.
New York, which are pronarod for our special use by Messrs,
C«roy, Yale & Laml)ert. 3i Boaver Street.
Dfe. 19
11
The foUowing
06
169
870
95
165
541
43,700
69.800
61,700
38,100
51,800
61,900
1,426
817,000
•07 i)d. to exch. 200 Dec. for Jan.
•10 pd. toexch. lOOMch. for April.
•03 imI. to exch.2.«0ojuly forAur
28 i«l. to exch. HH)0 8ept.for Aur
•28 pd. to exch. 20« Jan. for Mch.
•17 pd. to exch. 30<i Jan. for tcb.
•29 IKL to exch. 100 Jan. for Mch.
•17 pd. to exch. 1,000 Jan. for Feb.
12 pd. to exeh.
pil. to exch.
30 pd. t« exch.
•10 pd. to exch.
•m pd. 10 exch.
•10 imL toexch.
13 pd. to cxdi.
•18
.VK) Feb. tor
UA.
100 Jan. for Feb.
6OO Jan. for Mc^
200 Mch. for AprtL
8O0 Jan. for F«».
ItH) Mch. forApcU.
500 Feb for M«k.
.
..
THE CHRONICLE.
882
Thb Visible Supply of Cotton to-night, as made up by cable
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.
and
1890.
1889.
1888.
bales
846,000
26,000
798,000
15,000
558,000
5,000
Total Great Britain stock.
Stock at Hamburg
Stock atBremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
872,000
3,300
134,000
10.000
813,000
2,000
103,000
5,000
563.000
1,500
12,200
12,000
400
400
3,000
170,000
3,000
54,000
6,000
6,000
5,000
129,000
3,000
58,000
6,000
8,000
400
400
102,000
2,000
32.000
3,000
4,000
611,000
5,000
29,200
25,000
500
800
208,000
2,000
47,000
2,000
4,000
Total Continental stocks
389,700
319,400
169,500
323,500
Stock at LlTerpool
Stock at London
Total European stocks.. .. 1,261.700 1,132.400
India cotton afloat for Europe
20,000
63,000
.
Amer. cott'nafloattor Europe.
620,000
63,000
799,125
418.994
40,443
Egypt,Brazil,&c.,aflttorE'r^pe
Stock In United States ports .
Stock in U. S. interior towns.'.
United States exports to-day.
Total visible supply
663,000
47,000
767.561
326.767
44,853
1887.
582.000
29,000
732,500 934,500
50.000
38,000
620,000 503,000
30,000
42.000
879,940 1,039.257
395,623 455,141
64,472
19,345
3,223,262 3,044,581 2,772,535 3,031.243
Of the above, the totals ot American and other descriptions are as
Amenean—
Liverpool stock
Continental stocks
American
556,000
283,000
620,000
799,125
418.994
40,443
bales
afloat for Europe...
United States stock
United States interiorstocks..
tTnlted States exports to-day.
Total American
lent Indian, Brazil,
Liverpool stock
606,000
239,000
663,000
767.561
326,767
44,853
follows:
461,000 402,000
102,000 185,000
620,000 503,000
879.940 1,039.257
395,623 455,141
64,472
19,345
2,719,562 2,647,181 2,523,035 2,603,743
Ac—
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
Total East India, Ac
Total American
288,000
26.000
106,700
20.000
63,000
192,000
15,000
80,400
63,000
47,000
97,000
5,000
67,500
50,000
30,000
180,000
29,000
138.500
38,000
42,000
503.700
397,400
249,500
427,500
corresponding date of 1888 and an increase of 192,019 bales
as compared with 1887.
At the Interior Towns the movement—that is the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1889 is set out in detail in the
following statement.
—
OlB-
3 p S p =
w3
S?
=i.3 3 = S
HI
.
.
.-'
.
E;
P
CLOSIHO QUOTATIONS FOB MIDDLIMa COTTON
Week ending
Dec. 19.
Satur.
Galveston
Kew Orleans
Mobile
81Bl,
Savannah
8ifl
iton.
Tue$.
913
81*18
8l6ig
8»«
9>3
Wilmington.
8%
8%
8%
Norfolk
Boston
Baltimore...
Philadelphia
9
9
9
939
914
g's
939
9-4
938
9^4
.
.
Charleston.
Augusta ....
Memphis....
Louis
Cincinnati
.
Louisville.
..
St.
Thur$.
Fri.
93l8
815.8
8l»,8
8>a
913
9H
8is,8
9H
81*18
8ll>,8
8>a
9iu
9
9
8|5i8
9I4
9)4
9J4
8%
9H
8%
9
9
9»4
9'8
9»8
9>4
9'8
93g
914
9'8
9
9
9
9
9
9
9
9>4
914
81B,8
9>4
9^4
816,8
9>4
9I4
Si""
8%
9%
The closing quotations to-day (Friday)
Southern markets were as follows:
Atlanta
Columbus, Ga.
Columbus, Miss
Bofaula
9
I
8 ^a
8H
I
8l»I8
8;6ig
81a
§}'»»
8»a
9>«
9
g'^a
9
9
ON—
Wediiet.
Rock ..
Montgomery.
9
914
at other important
8H*\
Raleigh
Little
8»8
Kashville
K^atohez
8%
Rome
Selma
9)4
81*
Shreveport
S'l a
Receipts From the Plantations.—The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
Wtek
Undine—
IteceipU at the Ports.
1888.
1889.
1890.
SVk at Interior Towns. Ree'pti from Planfn*.
1888.
I
1889.
1890.
1888.
I
Nov. U..
•
"
Dec.
'•
"
21.
88..
6..
18..
19..
263,369 294.488 277,284
266.262 288.607 266,014
268,091 288,5X8 253,091
213,080'265,188'241,318
1889.
{
1890.
I
266,180 222,057 282,020 275,710j302,66l|313,694
283,443 234.941 316,067 293,225i 301.191
!
300,091
308,102 247.959 345.968 282,750) 301.536
!
282.992
1
343,011 270,808 383,831 277,989I 2S8,337
S
279.181
(,302.613 290,345
267.840J252,612'2.'i7,429 383,817 320,809 416,647 308,046,!
2M.918|g52.8M'26e.327 427.8471365.092 453,481 298,44315
1 296.539 303,161
1
The above statement shows:
1.
—That the total receipts from
the plantations since September 1, 1890, are 4,404,294 bales; in
1889 were 4,222,319 bales; in 1888 were 3,801,901 bales.
2.
That, although the receipts at the outports the past week
were 266,327 bales, the actual movement from plantations was
803,161 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 296,539 bales and for 1888 they were
398,443 bales.
—
them the net overland movement to Dec. 1, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
to
O.o
fts
QaOTATIONS FOB 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
day of the past week:
Amount of Cotton in Sight Dec. 19.—In the table below
we give the receipts from plantations in another form, and add
=«
5'»gspBS.<Bg|^»<g§Bg
j;
[Vol. LI
The above totals show that the old interior stocks have
increased during the week 36,188 bales, and are to-night 92,227
bales more than at the same period last year. The receipts at
the same towns have been 4,917 bales less than the same
week last year, but since Sept. 1 the receipts at all the towns
are 284,444 bales more than for the same time in 1889.
2,71 9,562 2,647, 181 2,523,035 2,603,743
Total visible supply
3,223,262 3,044,581 2,772.535 3,031,243
Price Mid. Upl., Liverpool
53nd.
5>',6d.
S^Bd.
5iiiAd.
Price Mid. Upl., New York
9%c.
lOkc.
9\v.
lOSsc
11^" The imports into Continental ports this week have been
117,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 178,681 bales as compared with the same date
of 1889, an increase of 450,727 bales as compared with the
ea
—
.
SB'. >\
1890.
1888.
1889.
1887.
I
W <I
rf*-tC00*»GDh-O
Oi^,^^-'
W Ct W
MfcOOSOtOiCDWh-
ODOsr->-'iot;iO'-':cc5COM:rtoxciy'OiCS
MIXQOt^OMC'OlOWC.tCitt'Oil-'XrffcQO**.
ig
Tot. receipts from plantat'ns 4,404,294 4,222,3l9i3,801,901 4,276.574
Net overland to December 1. 411,131 328,858 364,882 452,425
Southern consumpt'n to Dec.l 160,000 153,000 151,000 134,000
a
CS CD QO CO -^
O CO GO CO 0>
it^
O: -4 00 h- CD
O CO t^
OQDCDCCODMM
•-'acoi-'tOf^cCrf^cxiXi*>.cott»-o»*oc:ojccoo
GO
tfj.M«!CoaDc;t!«cotowcoy»i-')t-»aDco*j(fk
M to W OO CD O
H'<JOOCD-^0
W
O GC ^"ioV VOOD m"^ <1 <1 QD
au'0iCJ^^^^^OC;'•^'e»c;<^t**»-MM^£l•^KlC0
rf^OOQO Oi CC O O - CO *J CO CD Ol ^ M to OS O
COV Oi
CC
*-]
§"cDcoVMobsciosbt<j'Vitocsci'^*^Mrf*.
CO»»-Cn*»
^CJiCOt001»f*CD>Ck-C;tXrfi^COOCDtOt-»CO-^
CO
Ofc5©'-*i^^<JC'ixcctocn3sc;i-j)^.OD®oj
^
M
C«OSMp^MMMCJiOiMMMCCWa|OWp
CJIM
MM
PO OsW
M *fc"cOO
MCO
O W M Ki M C M
c OS M to ^ w M a> a CO o X o CO M o
O0SMC0QD<JO
OO-qOi-^OSGCMCDMO-JOWfOXh-OCiO)
iP.
*»"
oi
M
CO
M
M
05 O M
r- M » tS Ol Ot M M <I CD O M Ul 0«
CflWCOOOCCh-'CSrf^m^JMCDOO'H'COOCOCO
M03
ih,
p <1 CC CO
ccoaooocoM
1^
Itk tCk
MM
OOMM W
oitoV op
ot*>>M^ooco5
OOl(»-CX-MMM
oj
I**-
prf.h-M; M;
CO'*'"co'
<!
CCiCDCo;
»*>>
a'ut'co'kfcMOXMMH-lsciWXX'^rf^
COCDtOC;iCOCOOiCl<QiCCOD»C^'^ltCi-^V<GOMUl
C;»C0lCO0WWXrf*.MtOt3tOCO*^^(fr.COtOM
M
VU« V ifkCO <1^ W M
©
C;<ICMOCSO|**'-vlCiOMOfc«0'01Ut0C0O
MtO
CD oc'i-'
CO »C
^
M®
CJ>
r'l^i^i^r'i^p t^^^i^^ *
C3 CO CO OS to
Oc;»MCO-^ccrf*.cDwcoxOMw-qcoo-^c*3
y^y~i
M
CO
M MIO
W'*55'"WJ^woi Mo<oasc;'tocoo
w oi X x'h^ CO
o a"^ o bt csb» o'l^ OS
Ol
S^P
"lo
ui'^E*
qdI
f(*-lOO»C.Orf^C;iOOiMMOMrfi>M^CK)CD
OC O O' M
M
>g>0:O0i-vt^MC0:S0HJOMJ^tf^^lO0;QD
Louisville Hcures "net" in l>otli years.
\ Last year's flitures are for Griffin.
J This year's flgnres estimated.
.
*
.
Receipts at the ports to Dec. 19 3,964,426 3,869,671 3,389,929 3,796,726
Interior stocks on Dec. 19 in
excess of September 1
439,868 352,648 411,972 479,848
Total in sight December 19. 4,975,425 4,704,177,4,317,783 4,862,999
o
Northern spinners takings to
December 19
909,828!
747,714
837,0691
951,387
seen by the above that the Increase in amount in sight
compared with last year, is 271,248 bales, the excess aa
compared with 1888 is 657,642 bales and the gain over 1887
reaches 112,426 bales.
It will be
to-night, as
Weather Reports bt Telegraph.— Our
telegraphic ad-
on the whole been
favorable for gathering and marketing the crop. Very little
vices to-night indicate that the weather has
rain has fallen.
Galveston, lexas.
—We have had dry weather
The thermometer has averaged
56, the highest
all the week.
being 71 and
the lowest 42.
—
Palestine, Texas. No rain all the week. The thermometer
has averaged 54, ranging from 28 to 80.
Huntsville, Texas. The weather has been dry all the past
week. The thermometer has ranged from 30 to 79, averaging 54.
Dallas, Texas.— TheTe has been no rain during the week.
Average thermometer 48, highest 74, lowest 22.
San Antonio, Texas.— Dry weather has prevailed the past
week. The thermometer has averaged 60, the highest being
86 and the lowest 34.
—
.
December
THE CmRONlCI^
20, 1880.1
883
Luting, Tf«a«.— We have had no rain all the wMk, The
Ortml
OtMthermometer has averaged 68, ranging from 84 to 80.
l9kU.
Britain,
iMal.
arU&L *"*"*^- TMat.
Columbia, Texas, —No rain has fallen the pMt week. The
(Meuttothermometer has ran(?pd from 80 to 77, areraging 64.
1800....
108,000
Cuero. Te.vas. TeK-grnm not received,
1889....,
1.000
1,000
4A,000
3,000
showery
on
one
the
day
of
UadrMhas
been
Texan.—
It
Brenham,
1890.....
14,000
thirteen
hundredths
reaching
of
an
precipitation
week, the
1880
18.000
inch. The thermometer luis averaged 08, tlie highest being All otbers—
180O...
83 and tlie lowest 85.
3,000
8,000
10S,000
69,000
1889...
110.000
01,000
tSioS
Belton, Texas. The weather has been dry all the week.
The tliermometer has averaged 66, ranging from 20 to 94.
TotftlaUWeatherforil, Texa-t.— There lias been no rain the past
1800
8,000
176,000
8,000
180.000
1880
1,000
1,000
8,000
821,000
186,000
week. Tlie tliermometer has ranged from 20 to 74, averaging
47.
Th« above totals for the week show that the mimmmX txcm
New Orleans, Louisiana. There has been no rain all the the ports other than Bombay Is 1,000 bales mart than the saae
week. Average thermometer 52.
week last year. For the whole of Inrlia, therefore, tiie total
Shreveport, Louisiana. No rain all the week. The ther- •hipmenta since January
1, 1890, and for the oorraq^oodlng
mometer has averaged 47, the highest being 64 and the lowest periods of the two previous years, are as follows:
88.
zroan to avaops raov all imdia.
Columbus Mississippi. The weather has been dir all the
week. The thermometer has averaged 44, ranging from 28 to
1800.
1889.
1888.
—
—
^
—
—
—
Shipmentt
70.
Leland, Mississippi.— Telegram not received.
Little Rock, Arkansas.— The past week has been clear and
pleasant until to-day. It is now cloudy and threatens rain.
The thermometer has ranged from 26 to 56, averaging 41.
Helena, Arkansas. There has been no rain all the week,
but cold weather has interfered with picking. Average thermometer 40, liighest 55, lowest 36.
Memphis, Tennessee.— The weather has been dry all the
week and picking is progressing well. The thermometer has
averaged 41, the nighest 55 and the lowest 27.
Nashville, Tennessee. There has been rain on two days of
the week to the extent of four hundredths of an inch. The
thermometer has averaged 89, ranging from 24 to 52.
Mobile, Alabama. We have had no rain all the week. The
thermometer lias ranged from 82 to 67, averaging 50.
have had no rain all the week,
Montgomery, Alabama.
but there has been frost on five nights. Average thermometer
41, highest 60 and lowest 33.
have had clear weather all the week.
Selma, Alabama.—
The thermometer has averaged 51, the highest being 75 and
the lowest 28.
Auburn, Alabama. The week's precipitation has been ten
hundredths of an inch. The thermometer has averaged 49,
ranging from 38'5 to 65'4.
Madison, Florida. Telegram not received.
Columbus, Georgia. It has rained on one day of the week
to tlie extent of thirty-one hundredths of an inch. Average
thermometer 43, highest 53, lowest 34.
Savannah, Georgia. Eain has fallen on four days of the
week and the weather is now partially cloudy. The precipitation reached thirty hundredths of an inch. The thermometer has averaged 47, the highest being 65 and the lowest 33.
Augusta, Georgia. Receipts of cotton continue heavy.
have had light rain on two days of the week, the rainfall
reaching twenty hundredths of an inch. The thermometer
has averaged 45, ranging from 28 to 59.
Charleston, South Carolina. Rain has fallen on three days
of the week to the extent of sixteen hundredths of an inch.
The thermometer has ranged from 34 to 65, averaging 48.
Stateburg, South Carolina. We have had rain on two days
of the week, the precipitation reaching ninety-one hundredths of an inch. Average thermometer 43-6, highest 64
and the lowest 26.
Wilson, North Carolina. We ha\^e had rain on two days of
the week, the rainfall reaching ninety-seven hundredths of an
inch.
The thermometer has averaged 40, the highest being
52 and the lowest 32.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 8
to all
—
—We
week.
Bombay
All otlier port!.
—
—
TMi
Europe
from—
Total
—
—
—
—
We
—
—
—
o'clock
December
18, 1890.
and December
19, 1889.
Dec. 18,
'
90. Dee . 19, '89.
Feet.
Feet.
K«w Orleans
Memphis
KasIivlUe
Bbreveport
Vlcksburs
Note.— Reports
5-4
80
92
14-4
5-7
16-4
Above low-water mark.
Above low-water mark
Above low- water mark
Above low-water mark.
139
.Above low-water mark.
14-0
are
now made in
feet
and
7-0
Shipments
1890
1889
1888
1887
thit week.
Continent.
tentlia.
3,000
4,000
4,000
4,000
Shipment* Hnee Jan,
Great
Total. Britain
Continent.
1.
Heeeipl*.
This
Total.
Week.
Since
Jan.
ThU
Jan.
week.
1.
8.000 1,301,000
2,000 346,000
6,000 1,762.000
10,000 1,637,000
Jan. 1
7.000
1.000
887,000
877,000
8.000 1,164.000
Alexandria Receipts and Shifiixmts.—Through arrangoments we have made with Messrs. Daviee, B«iacni ft Co., ct
Liverpool and Alexandria, we now receive a weikly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
Alexandria, Egypt,
December 17.
1890.
1889.
1888.
Receipts (can tars*) ....
This week
Since Sept. 1.
160,000
2,103,000
180,000
2.272,000
1
week. «9<. 1.
1
To Liverpool
To Continent
9,000 143.000 14.000 149.000 '11.000 108.000
10.000 69,000 6,000 61,000 B.OOO 57,000
1
Total Europe
*
Am*
ThU
This
Slnee
week. Sept. 1.!
Thit
Binee
week. Sept. I.
Exports (bales)-
110,000
1,623.000
19,000 212,000 20,000 210,000 116,000 169,000
A cantar la 98 pounds.
Manchester Market.
—
Our report received by cable to-night
from Manchester states that the market is steady for both
yams and shirtings. The demand for both home trade and
foreign markets is poor. We give the prices for to-day below,
and leave those for previous weeks of this and last year for
comparison:
1839.
1890.
8I4 the.
Shirtingt.
32* Cop.
Twist.
d.
d.
s.
d.
s.
N'vl4 87,e«8«ii« 6 4i«1»7
• 21
6 4>s«7
" 28 83g «8<>8 6 4i9*7
Dec. B 83^ •8Sg 6 4i9*7
" 12 83b «8»8 6 4>aV7
" 19 8^8 «8»8 6 41s 97
ColTn
Mid. 321 Cop.
Twist.
VpUtt
d.
5»i«
5«i«
A.
A.
Ooltn
8I« lbs.
Shirtings.
s.
Mid.
Upld*
d.
8>8 •8<i8
8>s ItiH
8>8 «8°«
81a •8>a
8>8 «8<8
«7 8
•7 3
•7 3
\»^ »8"g
3
0.
5»»
•7 3
17
•7
3
5»i«
Jute Butts, Bagoinq, &c.— Takings of jute bagging during the week under review have been gauged by positive
requirements, there being apparently no disposition on the
part of buyers to increase their stocli. Quotations have been
reduced, and are to-night 5c. for IJ^ lbs., 5^c. for 1% lbs., ftj^c.
for 2 lbs. and 7c. for standard grades. The market for jute
butts is a little stronger but without special feature, what few
transactions reported being on the basis of l'20c. tot paper
grades and l^c. for bagging quality.
East India Crop.—The Revenue and Agricultural Department of the Government of India has issued reports on the
cotton crop as follows
Bombay Presidency.—T^e appended statement shows the eoireetad
:
270
India Cotton Movement from all forts.—The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Dec. 18.
BOMBAT BECEIPTS AND SHIPMENTS FOR FOUR TKARS.
Tear
Thit
week.
1.
3,000 1.401,000
3,000 3U1.000
We
—
Slnee
Jan.
1.
3,000 343,000 1058000 1.401,000 41,000,2.053.000
8,000
7,000
5,0001:
According to the foregoing, Bombay appears to show
a decrease compared with last year in the week's receipts of
and
2,000 bales and a decrease in shipments of 5,000 hales,
the shipments since January 1 show an increased 110,000 bales.
The movement at Calcutta, Madras, and other India porta for
the last reported week and since the 1st of January, for two
"Other ports" cover Ceylon,
years, has been as follows.
Tuticorin, Kurrachee and Coconada.
area llgures for the different dlsulots and the States ot .th> pgeeao.
BonHHiu-The total area under cotton Is retamed at l,2je,000 ««•,
that Is, 28 per cent above avf ra«c, and 13 per cent aofve taa*. <»
imlgnlfleant eoWoa
last year. The Increase is general, except In the
tracts in the southeast, where the absence of eariy sowing rata nj^
vented a few thousand aowB from b*ta(t broncht noder U« ory^TBe
chief causes of Increase, as already noticed In the preliminary foreeMt,
were the timely sowing rain and the high prieea and large demand fo»
"^i^WeiM-Area 1,150.000 acres, or more than 91 P~«^»»'*}5
yo«r by 28 aad 13
total area, U both above tka average aad that of last
Jer cent r.Hpectively. The irela for sowing was "»«?• »n?,~«i^;iiJ?S
the nuddljof
Siderable inoreasein area. The pro«peetswen>«xc»llent till
•»"."•
AuKUst, but the subsequent break wai Injnrlously prol""***more ttMj
On
plMs*.
In
blighted
and
was
withered
ftSSdlni crop
TheopportuBetoUof
2,000 acres cbtton was replaced by other crops.
(M erepaaa
Uttara In the seoond week of September, howevor, rrrtTsd
wSshJdThe blight. Show.rs at'^the end of September. ^17,^^^.^
have
KhMitelsh.
West
In
»M»bbejJ«»^2J
and
light
Khandelsfi
East
crop ; still, a good showwr or two would bo daalrable. 'Pff'*"'™^"?
itwrM4
Khindelsh. The crop U In bolU and n-'^i* and plefclag »
f*lr la oUsr laljlat
from two talnksa. lX>ndltlon good In some
apply
In
remarks
Sese
8T^~» !f ''^S'iJ t^^tTTaiSi^iS
the area. 33.000 aerM. Is almost donbled. and the
64;<K!oToTei, though sUghtly above »>>•« <>' '"V* '"'JS'ii'*'? "JI
vstT
cent above average. In Ahmednagar, ihoagh the break
lOTg.lil^ut 700S?i6 had to be re-«wn •it»i»,»«»~Ptn/2Tl22^
AkaMlla
while
ttit,
ihe condition of the crop U reported to be only
md
"^
>»»^^ ^S?
*MMt
..
.
late ralne bave much improTed the crop, and tbe conditionreported to be good. In tbe South Deccan, Poona.Satara, Sholapur,
and the States -where cotton is grown to a small extent, the area has
Increased over last year ty about 21 percent in Satara; elsewhere It
has largely fallen, owing to the absence of timely sowing rain. Condition Is reported to be from fair to good.
Qvzeral.— The area is 750,000 acres, or 8 per cent above the average,
and 13 per cent abore that of the corresponding forecast of last year.
Ahmedabad 350,000 acres, Broach 300,000 acres, and Sural nbout
100,000 acres. Except in Surat, where heavy early rains caused a
Blight fall in area, tbe increase is general acd due to good sowing rain
and to last year's good crop and prices.
In Ahmedabad, owing to irregular rainfall, the crop prospects are
variously reported good to fair. In Broach, prospects are also good,
but more rain is desirable In places. In Surat, sowlngi and re-sowtnga
continue unusually late, the early-sown crop having been washed away
and repl ced. Condition from good to fair.
(hiztral S(a(<?».— The reported area is 1,575,000 acres.
Return*
from Kathiawar are Incomplete. Baroda, 425,000 acres, which is a
considerable decrease; and Cutch 175,000 acres, a considerable increase. Condition from good to fair.
Earnatak.—8cv!\ag incomplete owing to lateness of rain; area
already sown, 700,000 acres, or 18 per cent above that of the corresponduig forecast of last year, but 27 per cent below average. Belgium
ICO.OOO, Bijapur 300,000, and Dharwar 325,000 acres. More ram is
desirable, especially in Belgium and Dharwar, where the condition of
the crops is tair.
Earnatafc A7a<e»,— Area 133,333 acres. Except in Sangll, where
Bowing rain Is reported to be good, the decrease Is general and is attributed to want of rain. In Mudhol sowings have just began, and are
In progress elsewhere. Complete information regarding these States is
not available. The condition of the crops is reported to be fair.
/S.jid .— Area 100,000 acres, of which Hyderabad has 75,000 acres.
This slight decrease is due to unsteady inundation. Slight injury from
locusis IS reported from Hyderabad. Condition on the whole good.
Central I'rovinces.—Aa might bave been expected, the effect of two
good harvests in sv>cce6sion, with exports the highest on record, has
been to stimulate cotton cultivation, and the areas sown are, except In
Jabalxnir and Damoh, in excess of the cotton areas of last year. This
excess is largest in Seoni (40percent) and Hoshangab.ad (19-5 per cent)
but in the most important cotton districts of Nagpur, Wardha, Niraar,
and Chhindwara the Increase ranges from 4 per cent in Wardha to 10
per cent in Nlmar. In Chanda ana Narainghpur, where cotton has not
such commercial Importance, the increases are 15 and 10 per cent respectively. The areas sown are everywhere, except in Nagpur, above
the aver.ige, and in Nagpur the deflclenoy Is slight. The rainf tU of the
season has been somewhat Irregular, for whereas in Sanger and
Jabalpur the rainfall has b.^en heavy, in Nar.^inghpur it was timely,
while in Hoshangabad and Nimarthe brfaks have been rather too long.
In thelatter district the break lasted for five weeks, and the cot ton plants,
especially on the lighter soils, are stunted. Turning to the Nagpur
country, it is found that in Clianda the rain has done a good deal of
damage, while in Nagpur and Chhindwara it has been fairly even and
timely. la Wardha, on tbe other hand, where tht area under cotton is
more than double that of any other district, tbe rather prolonged break
In September has somewhat injured the crops on tbe lighter soils. The
only dintriot from which a bumper crop Is estimated in Seoni, where,
however, the area under cotton is small. The rain at the latter part of
September has been beneficial in Nimar and Wardha. the most import
ant districts; and it is not improbable that the district estimate of 10,
as la Nlmar, will prove to be somewhat underpltched. In tbe Nagpur
couatry a lull average is expected. Altogether, although tbe current
cotton crop will not be equal to those of either of the two preceding
years, which were exceptionally good, it will not so far as can be seen
at present be by any mear s a poor one.
Herar.— The corrected area under the early crop is 2,459,393 acres.
There have been no sowings to date of the late erop except to a small
extent in the Basim district. Owing to seasonable and adequate rain
fall, tbe early crop Is in excellent condition and promises a very fair out
.
torn.
The Punjab.— Tbe area under cotton Ust year was Anally reported as
964,000 acres. The first forecast for this year gave the figures as 868,600. The f jrecast now submitted estimates the total area under cotton
In the province as 88 1,300. In the first report published in August last
It was stated that at present the prospects of the crop are a smaller area
with a better outturn per acre than
1889. It is thought that this is
till true, but in some places the excessive rainfall of July and in the
first halt of August Injured tbe crop, and in the larger portion of the
districts tbe cessation of tbe rains in the middle of August and tbe long
m
break whlci followed has done much harm and caused much anxiety a,%
regards crops grown on unirrigated land. This is especially true of the
districts of the Delhi division. On the other band, in the submontane
tracts, where the cessation of rain was not so complete, and where
showers fell up to the end of August, the prospects of the croji are
good, both on irrigated and unirrigated lands. Ou the whole, althoughtlie area under cotton is smaller, it is hoped that there will b3 a better
total ou'turn than was the result of last year's harvest.
JiiXPORTS OF Uotton from New York this week show an
increase compared with last week, the total reaching 18,844
bales, against 13,081 bales last week.
Below we give our
The
usual table, showing the exports of cotton from New York,
and the direction, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1890, and in the last
column the total for the same period of the previous year.
BXPOBTS OF COTTON (BALES) FROM NEW YORK SINCE SEPT. 1, 1890.
Week Ending—
Exported to—
Li verjwol . . . . ........
Other British porU..
Tot. TO Gt. Brit'n.
Havre
hov.
Dec.
Dee.
27.
4.
11.
fiep(. 1.
Same
period
previoui
year.
2,956' 8,342
1,795| 4,173
162,582
29,504
203,328
35,459
4,61713,265 4,75112,515
182,086
238,787
13,489
22,015
4,617 7,348
5,917
1,398
Other French ports.
Total French
Dee.
18.
Total
tince
l-'ian
1,836
1,040
2
202
1,398
1,252
1,836
1,040
13,691
22,045
200
100
300
50
3,275
2,737
2,510
1,800
1.725
2,183
1,910
1,931
13,543
25,663
28
15,385
25,054
66.5
Of Kdi
Tot. TO No. EcROPE
6,212
4,410
4,208
3,891
67,871
62,032
Bp'n,Op'to, Glbr., Ac.
iOl other
'Too
i',775
2'286
"ses
4,32S
12,684
2,850
2,809
400 1,775
2,286
898
17,009
5,659
12,627 20,702 13,081 18.344
280,657
328,523
Other portfl
Total Spain,
Ac.
Grand Total
The Following are the Uhoss Receipts op Cotton
at
York, Boston, Philadelphia and Baltimore for the past
week, and since September 1, 1890.
[Vol.
Niw rosK.
nagar tlie
Is
Philadxlph'a
BosToir.
—
7.
.
THE CHRONICLR
884
New
.
LL
BALTIHOBI.
(i«c<ipti
T\it
Since
v)Wk. Sept. 1.
from—
N. Orleana.
reiki
iavannab
2,"!68
85,0001
13.064
20a,S66j
7,197'
181,410|
1,7-M'
5,779
&8.S35
T\it
week.
Sinct
Sept.
1.
ThU
week.
Since
Sept. 1
8,091
TMl
Since
week.
S«p(.l.
3,943
SS,9g7
Mobile
riorlda
3o. Carol'a.
No.Carol'a.
Virginia
Northn pti
renn., &o..
B'oreUn....
290
7,489|
4,835
68.593
891
16,239
5,M4
87
19.314
6,982
24.450
168.721
83,164
24t
3.504
253
579
630.047| 27.509
268,599
2,229
670,090
149.474
4,485
This year
Last year..
Shipping
13.071
2.229
4.895
1,093
e3,88»
7,534
28,538
80.651
13,698
119,079
24,295
3.395
74.113
3,665
4.438
18,586
30
143
News.—The
exports of cotton from the Uniteu
States the past week, as per latest mail returns, have reached
199,717 bales.
New „
York—„
To
Total bales.
,
Liverpool, per steamers Auranla, 574
Britannic, 1,481. ...City of Berlin, 2,405.... Donatl, 609 ...
St. Ronan, 2,298
Wyoming, 975
To Hull, per steamer Buffalo, 3,076
To Leith, per steamer Brookfleld, 197
To Havre, per steamer La Normandie, 1,010
To Bremen, per steamer Trave, 50
To Hamburg, per steamer Moravia. 1.910
To Rotterdam, per steamers Maasilam, 517
Obdam, 300.
To Antwerp, per steamers Hermann, 200
Waealand, 884
To Uenoa, per steamer Caledonia. 398
To Lisbon, per steamer Vega, 500
New Orleans—To Liverpool, per steamers Lancaster, 5,150
....Methley Hall, 7,9B5
To Havre, per steamers Laurestlna, 5,138. ...Plessey, 4,675
Scbiehaliion, 4,573
197
1,040
50
1,910
847
1,084
398
500
13,115
14,386
5,722
4,400
5,850
To Bremen, per steamer Dunedin, 5,722
To Hamburg, per steamer Ealing, 4,400
To Rt'val, per steamer County, 5,850
To Barcelona, per bark Aiitouio Jane, 600
To Salerno, iier steamer Lisnacrieve. 7,500
Galveston—To Liverpool, per steamers Hampstead, 5,870
Ovliigdean Grange, 5,799
8,342
3,976
600
7,500
Turquoise, 4,929
16,598
1,200
6,575
2,479
2,300
9,447
5,170
6,600
7,125
7,581
4,327
3,850
5,400
1,338
1,298
1,476
To Vera Cruz, per steamer Harlan, 1,200
Mobile—To liverpool, per steamer Jessmore, 6,575
Bavannah— To Havre, per steamer Amaryllis. 2,479
Dunkirk, per steamer Am iryllis, 2,300
Bremen. persteamiT Restitution, 9.447
Amsterdam, per steamer Chilian, 5,170
Beval, per steamer Washington City, 6,600
Genoa, per steamer Pocahontas, 7,125
Brunswick— To Liverpool, per steamer Drummond, 7,581
Charleston—To Liverpool, per steamer Japanese, 4,327
To Bremen, per steamer Wuotan, 3,850
To Barcelona, per steomer Elvaston, 5,400
To Venice, per bark Giitner, 1,338
Wilmington— To Queenstown, per bark K icker, 1,293
To Bremen, per birk George Suppioloh, 1,476
Norfolk— To Liverpool, per steamers Somerhlll, 6,169
Westball, 6,695
12,864
To Bremen, per steamer Atrato, 4,950
4,950
West Point—To Liverpool, per steamer Sioilia, 5,332
5,332
To Ghent, per steamer Delcomyn. 4,900
4,900
Newport News—To Liverpool, per steamer Lady Palmer, 6,51
6,517
BOSTON- To Liverpool, per steamers Bostonlan, 2,622
Nor.seman, 1,600 ...Samaria, 381
4,503
Baltimore—To Liverpool per steamer Caspian, 1,259
1,269
To I..oudon, per steamers Bede, 300
Mississippi, 250
550
To Havre, yer steamer Rosemoran, 2,533
2,533
To Hamburg, per steamer California, 1,702
1,702
To Antwerp, per steamer Rialto, 100
100
Philadelphia— To Liverpool, per steamer Lord Olive, 1,308
1,308
To Antwerp, per steamer Switzerland, 518
518
Total
199,717
rhe particulars of these shipments, arranged in our usual
form, are as follows:
To
To
To
To
To
.
Havre
Ball,
and
Liver- London, Dundc.
kirk,
pool.
New
.
Am'dam,
Spain,
Bremen R'dam Reval Italy
<t Ham- d Antand <t Auiiburff.
werp. Ghent,
tria.
York.
8,342 4,173 1,010 1,960 1,931
898
14,386 10,122
5,850 8,100
N.Orleans. 13,115
Galveston. 16,593
6,575 ..
Mobile..
4^779 9I447 5,170 6,606 7.125
Savannah .
"
Brunswick. 7,58i
*««*» •««* «-• »•• **>>*
Charleston.
4,327 ..
3,850
6,738
Wllmingt'n 1,298 ..
1.476
Norfolk ... 12,864 ..
4,950
4,900
West Point 5,332 ..
>>•
6,517 ..
K'p't News
4,503
>««• •••••
Boston
100
Baltimore
1,259
550 2,533 1,702
*«•«
518
1,308
*>••
Phlladelp'a
••
*«
>•
Tbial.
18,344
51.573
17,798
33',121
ffOCJJL
14 915
17,814
10,232
D^oiy
4fOO«f
OfX%4
If 0^0
Total.... 89,619 4.723 22,738 33.507 7,719 17,350 22,861199.717
Inoluled in tbe total from Galveston are 1,200 bales to Vera Cruz.
Below we add the clearances this week of vessels carrying
ootton from United States ports, bringing our data down to
the latest dates:
Dec. 13 —
Galveston-ToLlverpool— Dec. 12—Steamer Oawln, 4,262
Steamer Tronto, 6,120.
New ORLEANS—To Liverpool—Deo. 13 -Steamer Engineer, 6,750.
To Havre— Dec. 13— Steamer Ville de Montevideo, 4,652
Dec. 15—Steamer MattuewBedliagton, 5,500.
To Dunkirk-Dec. 12 -Steamer Tnvj m, 3,864.
To Bremen— Dec. 16— Steamer Freemona,
To Himburg— Dec. 13— Steamer Helvetia. 4,100.
Dae. 13—
SAVANNAH— To Bremen— Dec. 12— Steamer Orsino, 5,368
Steamers Euphrates, 5,156; Bestitutiim (additional), 78.
To Oottenburg— Dec. 15— Steamer Stag, 5,tjO0.
To Genoa— Doc. 13 - Steamer Carbis Bay, 4,032.
To Barcelona-Dec. 15-Steamer Miguel M. PinlUos, 9,002.
Oharleston- To Li verpool -Dec. 13— Steamer Alfalfa, 4,518.
To Bremen— Dec. 17— Steamer South Cambria, 4,581.
To Reval— Dec. 15— Steamer Palatine, 5,835.
Norfolk—To Liveriwol— Dec. 13 -Steamer Caru Brae, 4,050.
To Bremen— Dec. 18— Steamer Bannioor, 4.400.
West point— To Liverpool- Dec. 16— Steamer Stratbendriok, 5,234.
Dec. 10
Boston— To Li verpool -Dec. 9— Steamer Georgian, 3,880
Steamer Michigan, 2.334 ...Deo. 11— Steamer Venetian, 3,157
.
Deo. 12— Steumer Scytbla, 1,413. ...Dec. 11— Steamer Iowa,
To Yarmouth—Dec. 12—Steamer Boston, 225.
.
—
—
—
.
.
December
.
THE GHBONIOL&
30, 1800.]
Baltimobb— To LlTarpool— Ueo. tO-Btoaiuar Alexaudor KUIer, 1,001
Deo. ID— Hieuner PolyiMatata, 8.510.
To Bremen- Drr. l!i—Steamer Bermaiui, 1,000,
12—HtfinmorOhlo,
Kott<>rdaiu-Deo.
To
PulLjtuBLi'iilA— To Liverpool— Dio. lU-8teamor Uritlah I'rIooeM,
W»4..
nowa received to date of dlsMtera
cotton from United States ports, fto.
all
to
veaaels citrryinK
Oastlkfikiii, Hti'aiiiitr (Br.), at Liverpool, from Ualveaton, oolUded
with liark I'litlt-Oodlav (Br.), ut anohor at Liverpool. Both voMela
were
Ouii
(Iiiiuu^ihI.
troui Savannah for
ryl)i!0 Knoll. I>oo 1'2.
Amatenlam, wont acround
ijln, sto.iiiii'r (Br.),
on
plying Iwtwnen Moun)e, Ln., and jiolata
on Bityuii <r Ai lii>nn<', vrnn burned Ueo. 18, together wlcii her oarao,
oonslKiliiK of alxiMt 500 balee ut cotton. The oarvo wa^ valui'U at
^^.^ 000; liieiirnnuo not known. The boat waa Tallied at $10,000;
Inauruuoe iP7,.^0i\ There were no live* loet.
NBDKUi.ANii, ateamer (Boli{.). (roiu New York (or Doptford and Antwerp,
nut Into Qraveaend utu^r boiug In collision with iteam oolller
Kei-olute, daiuaKel abo it thn slnrii.
OUIO, ateaiiiboiu, .H:iiik In the MlMlaalppI Klvnr, Monday nlKlit. Una. 15.
but n ill pi'uliiilily be raised. Her uar<o eonslKti'd o( lOD liiklca of
cotton: 1,100 aiioks oottODSeed mi<al, 11 bales raitn ikiid u lot of
smiilrloH. Slio was valued at iil35,U00, and was Insured fur $25,000
Lakb WASiiiNinoN, DiunmUoat,
Dm.
Tb.ra., »•.. I*.
If.
~4.
-^\-d.Oeeeaber...
Uea-Jaa.,..
Jana-Jaly...
JtUy-An...,
Ancuat
4.
Gotten freights the past week have been aa followB:
Butur.
Widn4$. rAtwi.
fiMt.
JCon.
Liverpool, steam d.
Do late deUv'y.A
Havre, steam
e.
Do
sail
Bremen, steam ..
Do
•16
'a
%
«»
e.
e.
indlreot.e.
Hamburg, steam.c.
Do via
"sitrss ii»a«%^
98
Indirect.!;,
40*
ijnat'd'm, steam .e.
Do
H
40*
40*
40*
40*
",f>*
"ii
"«4
40-
Indirect.. <t.
Beval, steam
Do
A.
sail
"a*
d.
Baroelona,8team d.
Qenoa, steam .. .d.
Trieste, steam. ..d.
Antwerp, steam
Per 100
I«
>«
"IS
»l«
>4
>4
'4
Te4«'g
d.
lbs.
sales, stocks. &c., at that port.
yov. 23.
Bales of the
week
59,000
7,000
1,000
48,000
11,000
83,000
760,000
476,000
156,000
127,000
295,000
285,000
bales
Of which exporters took.,..
Of which speonlators took. ..
..
Bales American ....
Aotoal export
Forwarded
Total stock -Estimated
Of which American—Estlm'd
week
Of which American
Total Import of the
Amonnt
atloat
Of which American
Dte. 5.
Dec. 12.
64,000
5,000
4,000
53,000
7,000
84,000
777,000
497,000
108,000
96,000
270,000
260.000
68.000
5,000
5.000
52,000
7,000
90,000
797,000
521,000
118,000
105,000
2.i.'>,000
245,000
Dee. 19
51,000
4,000
3,000
37,000
9,000
89,000
816,000
558,000
146,000
117,000
230,000
220,000
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:
Saturday Monday. Tuttday. Wtdntt. IlutrmPy. rriday.
Spot.
Market,
i
1:45 P. X.
Moderate in buTora'
favor.
demaad,
Freely
offered.
53,8
5»ia
5»ia
5»is
7,000
8,000
8,000
10,000
8,000
500
500
500
500
10,000
1,000
Mld.Upl'd».
Bales
Spec.
Moderate Qnlet but
steady.
demand.
Qnlet.
1
5»16
Aexp.
futuret.
Steady
Market,
I
ai
Quiet and
Market,
4 P.M.
Firm at
l.«4<»2.e4
8teady,at
partlallT
1-84 dec.
l-e4 decline.
1:45 F. x.{
gteadT at
Sasyat
Doll.
partially
Qnlet.
1.04 de-
oUoe.
advance.
Firm.
steady.
500
Quiet.
Steady.
Steady.
]
The opening, highest,- lowest and closing prices ot futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Low Middling clause, unless otherwise stated
^p" r/ie prices are gieeii in peiux and 61M. TAua.- 5 63 meiin$
5 ^-64d., and 6 01 meant 6 l-64d.
4.
41
I
I
5W
6U
1 10
( 14
5 17
»io
•
M
I
'
!
'
Auc.-Dapi..
8s|it,.Oet...
BREADSTUFF S.
raioAT.
Dtf>ir 10. IMOi
The market in flour and meal fluctuated somswluit In tOD*
from one day to another, and in fact within the ooors* of th*
samt day, but prices underwent very little change. Than
has been a moderate local trade, but shippers have not dons
much beoause their limits would not permit the payment of
prices generally demanded by holders. The large shipmsnts
which have been in progress from this port are understood to
have been on consignment from Wsstem milleis nndsv
through bills of lading.
The wheat market has been (juite unsettled. Aooonnta of
the condition and prospects of the fall-sown wheat have btsa
generally favorable, causing at times some depression. Csbit
advices were stronger, especially toward the close, and thSM
gave the market strength. •There has been some tpecalativ*
manipulation, as usual, forcing the bears to cover contracts.
On the spot there has been very little done. Exporters and
Holders remain pretty flrm,
local millers alike held aloof.
however. To-day the market was stronger on favorable for>
eign and Western advices.
DAiLT oLosno PKioM OT ao. s BSD wunas woaaT.
Liverpool.— By cable from Liverpool v^e have the following
statement of the week's
4.
tot 60S 60S tosi'Ss* tts tit
lot to* tot; • •• tM t«» tM
io»' •«[«<« tti tot
6 U 6U:6U 61* tu tu tu
5 16 6 17 6 M 6 16
5 1* 5M Sit
,'61* »*) *19 6 19 « IS tu t u
tM t2i »M jstl tl* ttl
»t« ttt ttt ****** ttt t«
t«T tit • iS »M ttt t»
tts tl7 627 tu tt? tts
tii t« 6t*,|6n tts tis
tm
U
» U
tu
5 16 5 17
tu
t»
619, 620 5 19 6 20
»n tn «n *«•!•
••
tu', 626 624 626
•«
• M 6 27 »2S 6tT
$m
•ar
6 27 618 627 »2S
t»
6U 6M *W 5t«
6U 6 16 616
tu tu »u »u tu tu tu
Jaii.-rtk~,. 6 00
reb.-Mafeh. 6
U*b.-Apttt.. * 16
ApHI-Mar..
May.June«.
'^JT
4.
6O7'*0T • •7 • 07
»0l'6O7 107 tor
In CliiolnnutI oompanles.
Pabis. stiaiiier (fr.l, from New Orleans, before reported on lire at
Havre, lias landed ITO bales of ciilton, either burned or broken,
and all the contents of her afterhold aro raid to be damaged.
SI. AlAPii, Hteamer (Br.), from Savanntli for Bremen, went aground at
Nieuwe Dlep, but was assisted off Deo. 15, unli^ured.
Vrk. •**. 19.
OrenlUlgk^tjHm. aeaUOpaii
.
Below we give
385
JTon.
Sat.
delivery. '90. o. 105
delivery
o. 105\
December
103'»
January
February delivery
104%
105%
March delivery
May
delivery
o.
e.
o.
lOB^
107\
107^
o.
lOlSg
lOT
106%
c look's
July delivery
Dec. dt'Uvery, 1891
100
100%
rt4«f.
ioa%
104%
105%
106%
108%
Wtd,
JH,
Thurt.
106%
103%
106%
107%
106%
100%
101% 104%
104%
10l>% 105%
106% 106%
106% 106%
99% 100% 100%
100%
100%
105
101
Indian corn was a little depressed early in the week by reports that the new crop ia grading better and generally indi>
eating a more promising outturn than had been expected.
The dulnees of current trade was also an element of wenkness.
Shipments abroad from this market almost ceased.
On Wednesday there was a partial recovery, the result of
speculative manipulation, which caused the shorts to cover.
But yesterday and to-day the market was dull and weak ;
buyers held aloof, but there Is no groat pressure to sell. No.
3 mixed to-day brought 613 ^c. afloat.
DAILT oiAUHO ruoas or so. S ioibd oobv.
Thwi, fW.
ruaa.
Ifait.
Hon.
aal,
6a>4
....
ea»t
62
«l\
63
December delivery
o.
VI
6fc\
6H4
60
61
el's
delivery
o.
January
6l»4
....
.-,.
....
59\ |59H
60>»
89^
SB's
60^
60''s
60«t
with
wheat
largely
Oats have been variable, sympathizing
and corn, but latterly there are indications of weakness ia
the combination which has been supporting values. To^dar
February deUvery
May deUvery
e.
c.
mixed grades were rather flriner, but white grades unohanged
and the general market dull.
DAILT OLOSniS PBIGBI OV SO. S HEUO OAIS.
Wtd, Attrt.
Tuet.
Hon,
gat.
49'a
48>«
c. 49>«
December deUvery
48J
49J
49>i
49
49%
c SOVi 40%
Jannary deUvery
Hi.
46%
SO
51%
80%
50%
51%
81% 50%
Rye has been dull and closes nearly nominal. Barley
more active at about steady prices; still, the demaad waa
more freely met.
The following are closing quotationa foe wheat flour ta
llv43lve!ty.!!:.........e.
barrels. (Corresponding grades in saeks sell sUghtlj
these flgures):
below
FLODI.
Moa.. Dee.
Sat., Deo. 13.
1
Open Bith LOV.
d.
IS
07
»<)7
5 10
Feb.-March. .ll.t
Mch.- April.. Blfl
April-May.. »10
May-Jane... 621
d.
(t
608 6 07
606 807
610 610
6 13 618
616 61A
619 610
623 6 21
624 624
626 626
Cloa.
d.
1
60S
608
610
6 13
5 16
6 19
.
.
!
1
Hi^
Law.
CTOa.
Opan
d.
d.
d.
d.
d.
606 607 608, 606
607 606 607 6061 606
6 00 610 509 610 611
6 13 6 14 5 13 iU' 616
618
6 16 6 17 616 617
621
6 19 6 20 619 620
621|62S 6 21 623 624
624;626 624 626 626
626 62T {626 527 6iW
527 628 627 628 520
6Z3 624 623 6»4| 626
614 616 6 14 6UI 61«
1
'
!
;
'
Taee.. Dec.
Open
8 07
622
624
624
626
Juiy-Aug... bin
5 27 6 27 6 27 527
August
623
6li3|623
AuK.-Sept.. 6 23
Sept.-Oct... 618 6 14 6 18 6Uj
.
Iff.
Lim.
d.
d.
609 6U8
60« 508
611 610
616 611
618 617
6 21 6*0
624 523
626 625
628 5 27
529 5X8
626 625
617 6 16
Ifl.
Olaa,
d.
608
508
5U
516
618
6 21
6 24
628
628
629
526
516
9S0l>*95SS
0O*f3 80 PataatiWlalw
40» 8 78 CttyildpglBcsstiss. 8 18»SM
floor, rapartae.. 4 00* 4 40
78« 4 00 HJ5«.
4 00*4 40
4 30» 4 70 Corn ^ m
« „ » m a«
t 880 SOS
Westers,**....
4 60» 8 00
• •«»
BrmndjwtB.
8 OOa 8 60
per 100 lb*., 3 1593 38.
...« bbl. 93
3
_.
„
3
No.a
ExMiNal
Clears
Straights
Patent. sprUix
Bookwhest Oour,
Oom, per bnab.—
60
Waarn mixed
WaMTa mixed He.]. 43
Bed winter Ho. 3 .103%»104%
yaUew.... 61
90 • 109
Bed winter
61
98 • 108
WUte
Wheat-
Bye—
WeMem,
i>er
.
boibM
state and Jersey..
Barley, WeMem
Canadian
State
e.
s.
Bprlnff, per bosh..
97
75
78
76
88
85
Ol
•
•
•
•
«
15
80
83
84
97
»4
Oati-IClMd..* Ml.
watts.. a.... *..*••
tlo-twOMaA
Ho. a wkM*
Buokwbeal. per both
•
•
•
•
48 •
49 •
49%*
50 •
88 •
tarn
44%
69
M
>1%
M
60%
81%
5»
.
.
.
THE CHRONICLE.
88e
Exports of Breadstuffs for November, 1890 and 1889
AND for Five Months of the Fiscal Year 1890-91.
Novcmbtr.
1890.
Exvortt.
Valw.
(iu'ntUiet
BarUy, bttsK
1890.
Qu'ntUia
Volu*.
Quanlttia
t
t
New York
flour and grain at the seatKtard ports for the
13, 1890. follow:
Flour,
Whtal,
Com,
OaU,
Barley,
bbl:
At—
buth.
bush.
buth,
buth.
buth.
Mew York
134,889 296,032
45,050 352,000 16,100
9,300
Boston
61.549
1,170 132,150
41,860 12,360
5,440
Montreal
17,406
80,450
83,954
3,746
5,700
Philadelphia.. 11.369
15.158
74,360
63,134
1,200
Baltimore.... 85,597
24,283
117,328
42,000
4,692
Richmond
6,150
9,760
10,070
18,066
NewOrieans..
7,543
50,450
23,928
15,330
The receipts of
week ended Dec.
Five Month:
1889.
Value.
1
Philadelphia
Baltimore
Total week.. 324.503
NewOrleaM
Pac. cum. dlsU.*
19.689
27,963
il6.4'69
i73,07^5
New Tork
Philadelphia
Baltimore
New Orleans
Pac. cust. dists.*
l'62,'56i
19.889
173,076
116,489
236.880
182,561
478.191
17,318
24,452
70,014
41.0:1
6,902
118,118
1,906,686
823,728
245.697
80.867
543.609
230.652
5.297
67.219
7,391,077
3,819,881
sportf
1,:«)2,S86
879,137
667,161
1,018,938
777.437
41,136
1,437,137
from—
66.671
8,786
212,793
Other cas-dlBts.-tTotal, corn
27,953
791,224
27,592
38,375
113,165
581,664
194,029
1,285,795
478,188
8,293
179,783
l,138.57n
2.057,632
1,593,.!76
62,581
3,037,069
1,258,586
764,009
4,617,338
1,996,879
16,600,599
8,370,807
12,734
14,644
40,532
30,888
33
1,470
12,926
22,799
35,708
62,208
73,146
69.713
8.241
6,158
221,003
bbli.
New York
9
499
Philadelphia
Baltimore
New Orleans
Pac. cust. dists.'
897
'276
9.732
19,014
8
29
36
123
50
178
Other cus. disU.-t
2,379
"5,983
l,"«59
"2,^9S7
i"d,7'o9
27,'094
Total, corn-meal
30,273
78.945
87,295
91.923
162,016
417,021
OaU. 6tM)>.
New York
22,082
66
262
988
82
115
2,664
11,133
29.833
267,348
16,624
92,720
87,986
730,865
881,6>0
'38
I's
6,791
5,000
3,887
2,400
6.090
53,712
34,772
18,360
ia3,772
Other cus. dists.t
OatTneaU
1,882
12
Pbtladelphla
Baltimore
New Orleans
Pao. cust. dists.*
Total, oats
163,893
7 170
24,052
121
11,498
551
'26
'iB
24
74.657
419,512
21,»;2
875
875
tbs*
NewYork
700
18
445,300
13,390
164,285
708,286
4,862
26,020
86^2,'586
6,'l'5i
1,040,637
4.191,000
18.261
Philadelphia.....
Baltimore
New Orleans
471
"is^ioo
124,000
Pac. cust. dists.*
Other cus.dlsts.'l'
Total. OAtmeal..
Bve, iu»lu
17,289
583,600
NewYork
«)8
6786o
3,410
32,776
87,241
1.141,931
83,100
94,989
173.461
Philadelphia
Baltimore
Hew Orleans. ..
Pac. cust. dists.'
Other cus.disU.t
i,234
58
45,800
249,000
1,622
6,848
6,627,621
878,779
164,229
172,361
l4,^SR5
s.^soo
23,100
173,461
94,989
293,064
Ibl.im
636,588
16,025
654,152
'7,660
42,073
2,614,635
84,166
46.437
2.088.315
83.9D7
1,875
629.928
4S.237
183.362
440.147
82.610
1,989.343
1,500
4,410,920
108,233
235,197
2,225,312
833,959
9,691,906
1,197,977
4,407.414
109.145
7,'»B5
942,019
6a,380
145,080
601,657
105.140
2,470,003
7.871.130
1.156,091
3,899,432
2,894,544
4,218,134
9,460,122
18,203,504
16,230,683
1,129,895
600,224
353.920
5,762,910
431,540
252.323
1,259.216
11.819
461,381
161,896
1,214,417
545,014
943.365
18,438
669,791
175,837
866.758
99.611
66.393
242.568
2.558
118.285
34.442
1,640.448
Other cus.disU.t
226,208
117,578
73,232
171,831
2.693
165.889
31,861
25f.028
918.488
14.427
724 .f75
888.158
l,14i,158
4,751,538
89,957
2,901,609
1,419,885
Tot.,wheat-flour.
792.080
8,876,068
913.590
4.217.822
3,957,407
18,881,485
NewYork
15,023
Philadelphia.....
Baltimore
Pao. cust. dists.*
Other cus.dlsts.t
Total, wheat
Com.
Bwh.
BUMh.
228.636
10,702
Hew Tork
353,271
Boeton...
Portland.
Montreal.
2,175
232.084
2,150,617
.S01.202
Wluat-fiowr, bbla
NewYork
Philadelphia
Baltimore
New Orleans..-..
Pac. cust. dists.*
Baltlm're
8.337,189
677,894
Philadelphia
Baltimore
NewOrieans
....
Pao. cust, diets.*
Other cus.dists.i
total.
8,468,710
378,403
798,823
456,552
1,022,521
99,926
2,779,066
887,516
2,249.919
324.919
8,626,272
244,235
14.595,708
3,890 470
1,958,121
7,940,139
1,151,947
11.003.372
4,139,725
7,882.004
10,033,430
44,679,477
•Value of exports from Pacilic districts for the month of November, 1890:
»168,251 Willamette, Oregon
»347,791
Oregon, Oregon
Puget Sound, Wash'n Terrify. 325.181
l,947,t:32
Total
$2,779,055
Ban Francisco, Calif ornla
the~month of Nov.. 18V'0.
t Value of exports from other customs districts for
""
"'
|9,420 Newport
News, Va
Braios, Texas
{168,274
(
|
28,000
51,718
2,390
38,731
35,000
Chicago, Illinois
Detroit, Michigan.
Duluth, Minn
Huron, Michigan..
Portland,
Me
108
68,873
Richmond, Va.
Total
1357,515
Miami, Ohio
NOTB.— This statement includes about 68 per eent of the entire exports of the
articles named from all ports of the country.
The movement of breadsculfs to market is indicated in the
Itatement below, prepared by us from the figures of the New
JTork Produce Exchange, "we first give the receipts at Western lake and river ports, arranged so as to present the com
[)arative movement for the week ending Dec, 13, 1890, and
since August 1, for each of the last three vears:
-
at—
Ohlcago
MUwaukee...
Dolath
WUmr.
Detroit..
.
aereland.
.
..
BULonl
Peorta
Tot.wk.
Bame
'90.
wk.'89.
Biuue wk.'88.
Since Aug. 1.
1890
1889
1888
Com.
JBWj.l96i6» Bu>h.eoi]u Buj)l.66Ib>
183.756
333.278
538.903
173.416
58,346
63,940
OaU.
Borl«K.
Bbl:
70.735
24,746
1,096
Tot. week.
ButKSSlbr
Bl»fh.48U,-
1,164,467
625.820
239,400
94,000
Bu. 86
1.048
16.171
3.887
6.670
82.011
19,145
3,460
99,384
47,400
1889...
251,776
169,417
2,424
8,450
90,713
578,283 1,365,213
243,392
189,060
102,814
48,370
14,500
33,230
257,380
171,600
1,000
572
The visible supply of
grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by water, Dec, 13, 1890:
Wheat,
Com,
OaU,
Barley,
In store at—
2,210,336
804,000
Albanjr...
Baffalo
2,676,916
5,866,074
726,554
2,807,713
987,747
210,012
55,000
2,078,934
Milwaukee
Dalutli
Toledo
Detroit
Oswego
St.
....
Louis
Do
afloat
Boston
Toronto
Montreal
PhlladelpWa
Peoria
Indianapolis.....
Baltimore
Minneapolis.... J
St.
Paul
buth.
frtuA.
NewYork
Do afloat....
5
13,000
22,757
104,509
135,863
162,127
10,904
260,600
777,253
buth.
227,879 1,611,252
91,300
74,000
82.500 171,100
321,268 300,892
173,194 279,804
5,482
2,683
184,923
21,430
64,221
39,583
80,000
46,384 132,730
16,000
45,000
'68,091
212,229
"in
119,342
144,134
71,964
20,500
69,674
7,672
40,710
92,974
31,558
48,493
224,181
7,105
8,646,051
142,000
7,800
50,400
Tot, Dec. 13, '90.
Tot. Dec. 6, '90.
Tot. Dec 14. '89.
Tot. Deo. 15, '88.
Tot. Deo. 17, '87.
28.186,150
24.569.834
33,944,742
37,213,583
43,231,009
1,820,463
2,278,385
5,269,283
6,327,430
5,380,409
2,578
38,747
57,670
1,700
34,874
6,139
278,000
160,000
163,491
2,750
51,600
10,460
5,396
1,817,207
1,771,349
1,018,024
8,061,591
4,407,709
1,478,653
2,001,633
3,838,415
1,875,705
775,622
908,489
4.604,964
5,044.076
4.310 752
58,544.161
39,184,744
41,940,223
19,068,636
2,137.889
74,830,286
57,459.531
54,440,832
45.7*9,0^1
38,949,408
40.182.624
13,896,788
15.144.711
3.202,316
101.176
175.968
4,898
360',49'6
2,586
490,000
88,527
lis'.ooo
'i2,897
53,134
90,032
20,042
23,033
56,314
5,590
24,877
3,807
30,200
128,100
3,390,781 474,487 4,344,619
3,309,875 493,«.i4 4,608,193
4,827.257 1,212,326 2,583,794
8,010,025 1,613,641 2,424,498
6,091,276 279,679 3,600,806
Friday P. M., December 19, 1890.
of a hand-to-raouth character, as is usually the ciae at this
time of year, when jobbers are about taking account of
stock and winding up their six months' business. Spring
goods were only in moderate request bv package buyers, but
there was a fairly good movement in white goods, dress
fabrics, fancy dress cottons, woolens and other specialties on
account of orders on record. The jobbing trade ruled quiet,
but was of fair average proportions for this stage of the season, and there was very little complaint oq the score of collections by either commission merchants, importers or jobbers.
—
Domestic Cotton Goods. The expprts of cotton goods
from this port for the week ending Dec, 16 were 3,696
packages, valued at |174,173, their destination being to the
points specified in the table below:
1890.
A.frica
126
49
725
363
200
1
.
350
48
179
627
28
Total
*
Clilna, Via
Total
1889,
to Dec. 16.
China
109,829
3.8n0.U7
'26,i'3'3
There was a somewhat better feeling in dry goods circles
the past week, and yet there was no material increase in the
volume of business, the stringency of the money market having caused buyers in this city and at many distributing points
in the interior to adopt a cautious policy for the present. For
seasonable goods the demand at first hands was almost wholly
Central America.............
8,804,506
buth.
THE DRY GOODS TRADE.
1.978
224.800
271,608
] 26,610
buth.
38,947 301,332
8,000 183,700
22,500
67,600
36,261 1,416,984
191.856 442,832
76,909 490,146
3,573
400
4,42^3
On Mississippi
On Lakes
On canal & river.
lb>
56,997
29,000
Peat.
Buth.
37,025
8,550
44,138
11,428
60,840
Week. Since Jan.
....
174,932
87,222
Bye.
Buth.
8,450
B'me time
India
1,660,140
OaU.
Buth.
2,424
487,514
N.News..
Rlohm'd
Syt.
638.266
Hlnneapolta.
Toledo
Wfwat.
26,333
2,238
10,200
Kbw Yoke
Btceiftt
Flour.
New Yobk.
NewYork
616,344 32,206
40,000
11,068
81,000
Tbtalt.
Grand
402,886
PhUadel
N. Orl'ne.
Chicago
W5
82,
New Orleans
Wheat.
Cinalnnatl
Total, rye
Whtat, biuh.
477,303
week '89. 357,015 504,330 1,561,972 952,771 139.389 108,122
The exports from the several seaboard ports for the week
ending Dec. 13, 1890, are shown in the annexed statement:
Oor.
'sssB.'seo
Other ens. dlsts.-f
Total, barley
Corn, bush.
Oomrmeal.
[Vol. LT.
7,400
3,014
48,226
4,271
11,100
6,801
17,334
2,587
6,317
31,972
3,062
1.
Week. Since Jan. 1,
70
172
500
200
300
22
417
42
34
1,259
52
8,681
1,911
34,287
6,113
6,866
4,856
14,584
3,671
5,833
38,882
2,858
2,696
142,084
61,175
3,068
128,542
50,913
2,696
203,259
3,068
179,458
Vancouver
From New England miU points direct.
The value of the New York exports since January
*
been $8,063,771 in 1890, against $7,734,755 in 1889.
1
have
@FedFRASER