Full text of Commercial and Financial Chronicle : December 22, 1894, Vol. 59, No. 1539

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H U N T ’S M ERCHANTS’ MAGAZINE,

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%

REPRESENTING TH E INDU STRIAL AND COMMERCIAL INTERESTS OF TH E U N IT E D STATES.
[E n tered a cco rd in g to A ct o f C ongress, in th e y e a r 1894, hy th e Wil lia m B. D ana Company , in th e office of th e L ib ra ria n of C ongress.]

YOL. 59.

SATURDAY, DECEMBER 22, 1894

from 1891 is 15*7 per cent. Outside of New York the excess
over 1893 is 5>*3 per cent, the loss from 1892 reaches 19’1 per
cent and the decline from 1891 is 5'8 per cent.

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CLEARING ROUSE RETURNS.
The following table, made up 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 22, have
been $1,031,499,311, against $1,024,238,430 last week and $938,364,269 the corresponding week of last year.
CLEAR IN GS.

Returns by Telegrayh.

Week Unding December 22.
1894.

1893.

Per Cent.

New Y o rk ................................
B oston....... ................................
Philadelphia.............................
B altim o re...................................
Chicago.................................... .
S t L o u is ....................................
New O rlean s.............................

$ 4 6 8 ,1 3 0 ,3 8 4
7 6 ,7 5 0 ,5 7 3
6 1 ,4 8 7 ,5 8 3
1 1 ,9 4 2 ,0 2 9
7 3 ,9 4 4 ,5 5 0
2 0 ,6 7 3 ,0 2 8
1 0 ,6 1 5 ,5 1 0

$ 4 2 5 ,8 9 3 ,1 2 2
6 7 ,0 0 0 ,0 0 0
5 2 ,3 0 4 ,1 6 1
1 1 ,3 3 2 ,3 9 7
6 8 ,9 0 8 ,4 4 1
2 0 .0 6 7 ,1 6 2
1 1 ,9 3 5 ,8 2 5

+ 9 -9
+ 1 4 -6
+ 1 7 -6
+ 5-4
+ 7-3
+ 3 -0
—1 1 -1

Seven cities, 5 d a y s .........
Other cities, 5 d a y s .................

$ 7 2 3 ,5 4 3 ,6 5 7
1 3 8 ,9 4 7 ,3 6 1

$ 6 5 7 ,4 4 1 ,1 0 8
1 2 4 ,0 0 0 ,9 7 6

+ 1 0 -1
+ 1 2 -1

T otal all cities, 5 d a y s ___
AU cities, 1 d a y ........................

$ 8 6 2 ,4 9 1 ,0 1 8
1 6 9 ,0 0 8 ,2 9 3

$ 7 8 1 ,4 4 2 ,0 8 4
1 5 6 ,9 2 2 ,1 8 5

+ 1 0 -4
+ 7 -7

Total aU c ities fo r w e e k ..

$ 1 ,0 3 1 ,4 9 9 ,3 1 1

$ 9 3 8 .3 6 4 ,2 6 9

+

9 -9

The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night.
Our usual detailed figures for the previous week, covering
the returns for the period ending with Saturday noon, Decem­
ber 15, are given below, and we also present the results for the
corresponding week in 1893, 1892 and 1891. In comparison
with the preceding week there is a decrease in the aggregate
exchanges of about ninety-five and a-half millions of dollars»
the loss at New York being forty-five millions. Contrasted
with the week of 1893 all but twenty-three cities record
gains and the total for the whole country shows an excess of
9*3 per cent. Compared with the week of 1892 the current
returns exhibit a falling off of nearly 30 per cent, and the loss




NO. 1539.

Week ending December 15.
Clearings a t—

1894.

1893.

1894.
P . Cent

1892.

1891.

$
889,849,88
78.482,567
15.0(6,014
16,840,965
4,832 277
2,454,840
1.818 4(8
1,163,8(8
»47,616
305,500

728,988,627
65.554,601
13,492,493
1&.168.905
4,126,942
1,769,040
1,415,332
1, OU, 731
809,560
299,400

New York............... 565,611,174 501,964,583 +12-7
60.084,892
60,033,4 8 :
+ 0-1
Philadelphia.........
12,163.418
11,413,665
Pittsburg........... ...
+66
13,281,686
12,754,615
Baltimore...............
4-4-1
4,194,311
—3-0
Buffalo................... • 4,067,596
1,836,749
1,601,431 +14-7
W ashington..........
1,702,581,420,147
Rochester..............
+19-9
996.645
988,329
+2-9
Syracuse................
732.241
773,926
—6-1
Wilmington...........
379,400
344,900 + 1 O-0
Binghamton..........
808 9 (5
Soranton*...............
Total Middle...... 660,756,392 595,475,294 + 11-0 1,011,740,957
94,165,864
86,165.272
-49-3 114,584,388
Boston...................
5,949,600
5,8W4,600 +lo*3
7,444, 00
Providence............
1,8c A,977
H artford................
+3-0
1.753.266
2,244,172
1,350,492
1.355,753
-0-4
New Haven............
1,613,420
1,383,090
+ 10-0
1.257.267
Springfield.............
1,502,417
1,2(9,660
1,187,818
-j-4’4
1 678,300
Worcester.............
1331,894
+ 1-0
1,318,171
1,556,117
Portland................
1,214,504
1,170,917
+3-7
1,086,086
Pall River.............
535.406
576,590
—7-1
712,509
Low ell...................
444,068
503,485 —11-8
599,775
New Bedford.........
109,420,456
100,683,139
+8-7
138,021,683
Total New E ng...
91,182,142
84,854,410
-f-7‘5 111.486,732
Chicago..................
13,961,45c
12,325, 00 +13-3
14,876,300
Cincinnati..............
4,053,926
4,457,242 + U -1
8,971,276
Milwaukee.............
6,457,070
5,883,r.06
+9-7
7,519,699
D etroit...................
5,746,183
+ 2r l
4,744,274
6,504,084
Cleveland...............
3,962,100
3,291,500
4-20-4
3,696,500
Columbus..............
2,502,922
1,8. 3,4X9 4-bd'ö
2,255 502
Peoria....................
1,291,165
1,395,949
—Tb
1,184 894
Indianapolis.........
753,690
812,724
1,169 771
Grand Rapids........
355,132
447,784 —20-7
677,780
Lexington. ............
308,293
279,513
48-5
396,892
Saginaw..................
331,251
250,928 4-32 0
Bay City................
211,736
159,861
4-32-4
270.000
Akron.....................
176,878
177,080
-o -i
195.550
Springfield, Ohio...
174,692
137,786 4-26-8
160.000
Canton...............
271,421
229,831 4-18-1
Rockford...............
49- í 159,267,980
Tot. Mid. W est’n. 132,635,051 121,281,429
13,838,757
14,042,432
—1-4
17.289,761
San Francisco........
1,283,327
1,031,76 ¿ -1-24-4
2,269,415
P ortland...... ..........
1,299,240
1,11&,977 flrt-4
1,640,974
Salt Lake City.......
491,572
445,825 +10-3
l , 2n0,000
Seattle...................
788,445
663,653 4 1 8 9
908,023
Tacoma..................
1,144,529
1,444.764 - 20-8
1,463,603
Los Angeles..........
1,079,086
450,00c
4-139-8
693,708
H elena...................
801.178
282,876
4-6-5
1,037,478
Spokane.................
106,918
147,091 -27-3
200,000
Sioux Palls............
119,727
90,5-3
432-2
Pargo.....................
20,45u,804
19,714,973
4-3-7
26,705,962
Total Pacific......
9,529,124
9,550,645
—0-2
11,?57,.°60
Kansas City...........
7,393,250
6,227,122 4-18-7
9,760.255
Minneapolis...........
4,516,247
5,283,699 —14-Ö
7.076,0o4
Omaha.................. .
4,708,873
3,490,308 4-34-9
6,595,287
St. P aul................
2,708,613
4-3-3
2,619,570
5,423,538
D enver..................
2,000,000
2,07«,0. 8
-3 -8
2,527,312
D uluth........... .
1,356,111
1,973,359 —31-3
2,082.285
St. Joseph.............
663,292
783,-32 -15-4
l,36<-,9»6
Sioux City.............
1,026 962
901,465 4-13-9
970,684
Des Moines............
606,320
550,000 + 10-2
750,660
Lincoln..................
690,587
539,159
4-9-5
527,111
W ichita..................
512,3 tO
402,749 ■4-27-2
381,832
Topeka...................
65.615
65,928 —23-6
lOO.c 00
Frem ont................
35,675,334
34,486,824
4-3-4
48,820,619
Tot. other West.
23,767,271
22,900,044
St. Louis................
12,148,663
14,020,418
New Orleans..........
6,380,13'
6,754,377
Louisville..............
8,7
71,478
3,631,032
Galveston..............
3.400.000
4,181,538
Houston....... .........
2,132,978
3,261,781
Richmond............ .
3,181,763
2,693,375
Savannah...............
2,506,716
1.490.162
Memphis................
1,016,502
845,040
Nashville................
1,463,250
1,391,609
Atlanta...................
1.178,990
1.200.162
Norfolk..................
1,3 9,81»
1,134 967
Dallas.....................
1 .100.000
700.000
Waco......... . .......
751,900
722,921
Port W orth............
274,461
37»,383
Birmingham..........
487,9’4
407,761
Jacksonville..........
249,590
199,852
Chattanooga..........
65,300,381
65,809,5u5
Total Southern..
Total all.............. 1,024,238,420 937,451,164
Outside N. York. 458,727,246 435,486,581
12,099,892
9,931,303
Montreal................
6,778,537
5,982,674
Toronto..................
1,170,209
1,118,109
H alifax..................
615,763
696,449
Hamilton...............
1,285,102
Winnipeg*..............
19,868,43«
Total Canada......
17 525,898

Not Included in totals.

4-3-8
—13-8
4-6-8
43*9
—18-7
—34-6
+18-1
4-68-2
+20-3
4-5-1
—1-8
4-19-8
467-1
4-4-0
4-38-0
4-19-7
4-21-9
- 0-8

27,151,612
16,648,757
8.368,903
4,397,080
3,482,591
3,0)1,237
2,273,1c8
2,866,861
2171,17 0
1,7 9.589
1,153,719
1.102,804
1,037,634
766,953
479,699
416,019
428,528
77,455,574

832,636,021
»1.659,002
5,7 6,400
1,933.6®
L360.221
1.234,018
1,251,098
1,281,253
f-60 594
367,620
108,673,001
97,614,137
14,214,060
7,171,(Ouï
7,357,477
5,8 1,105
,'3,714,7®
2,002,063
2,562,-60,6
90-',248
524,205
342,080

142,109,62b
17.409,290
1,902,674
1,873,420
909,258
824,270
1,555,572
170,000
24,644,484
9,381,030
9,197,762
4,533,223
6,253,3TB
4,523,615
1.831,648
1 ,0.-8, 0^1
1 ,1 11 ,8®
749,266
601,832
553,356
396,398
40,791,412
24.810 63»
13,426,141
6,295,339
3.669,427
2,422,6©
2 ,6 8 6 3 3
2,695,8®
3,024,4m
1,773,7®
1,767,599
1,134,253
989,391
1,018,3®
550.79b
492.841
389,8$
67,048,6®

4-9-3 L4 57,012,775 1,215,903,836
4-53 667,182,893 486,915,2®
4-21*8
4-3-5
44-6
- 11-6

12,‘>31,938
7,575,637
1,026,388
812,544

11,500,0®
7,02 ,066
1,154,0®
805,036

4-18-4

21,746407

20 487.lit!

1076
THE FINANCIAL

THE CHRONICLE.
SITUATION.

One and perhaps the most important feature of the
week has been the report to the House on Monday by a
majority of the Banking and Currency Committee of Mr.
Carlisle's currency measure, and the action of the
Committee yesterday in agreeing to essential modi­
fications of the plan. We need not remark upon
the matter here, as we have given our views of the
scheme on a subsequent page. Another quite import­
ant feature has been the auction sale on Wednesday of
over 27,000 packages of cotton goods. The sale was a
success, although the prices realized show a considera­
ble decline below those ruling in the market. But
when the price obtained for the goods is compared
with the price ruling a year ago and these with the
market quotations at the two dates for cotton the raw
material, the better situation existing now will be at
once recognized. It is reported that buyers would have
taken additional goods had they been offered. Still
another influence has been the continued high rates for
foreign exchange and the outflow of gold. It is to be
said that the shipments are not as large to-day as in the
earlier part of the week they were expected to be. We
give in connection with our remarks on foreign ex­
change the foreign trade figures to the first of Decem­
ber. It is satisfactory to know that so far as our mer­
chandise trade is concerned it is in good shape and fur­
nishes no explanation for the gold exports.
The Southern Railway Company has issued a very
useful little statement showing the gross and net earn­
ings on the present mileage for past years.
The
Southern Railway, as is known, has been constituted
out of a number of roads which formerly were separately
operated and issued separate reports—such as the East
Tennessee, the Richmond & Danville, the Louisville
Southern, etc.,—and in seeking to ascertain what the
earnings of these properties had been for previous
years the inquirer has always been baffled by the fact
that there was no complete statement of earnings cov­
ering all the roads. This lack of information the
management have undertaken to supply, and the fig­
ures furnished will prove serviceable for a long time to
come. It appears that on the full mileage of 4,404*7
miles gross earnings in the year ending June 30, 1894,
were $17,777,762, and net earnings $4,407,044; that in
1892-3 the gross had been $19,487,369 and the net
$5,257,378; that in 1891-2 gross was $20,409,838 and
net $6,012,026, while in 1890-91 the gross aggregated
$21,478,940 and the net $6,729,549. The property
having been very thoroughly reorganized and being
under excellent management, it seems not unreason­
able to expect that when business revives these earlier
and larger figures of earnings will again be attained
and in fact exceeded. At least that is the prospect to
which those interested in the property can look forward
with considerable confidence.
.. Already recovery has begun, though as yet business
revival has not progressed very far. The recovery is
shown by the monthly reports of earnings since the
new fiscal year began. The company did not operate
the full mileage until September, the earnings in
August being based on only 3,731 miles and those
for July on but 2,011 miles, and on the books of
course the accounts appear in just that way, and
do not include the earnings for the entire mileage
for this part of the current fiscal year. So also the
figures of net earnings which we give for the four
months to October 31 in our regular monthly statement




[VOL, LIX

of net earnings on another page, show the re­
sults in the same way—they embrace only part
of the system for the first two months.
Bat
here again the exhibit which the company has
just issued becomes very useful, for it enables
us to see what the earnings for the full mileage have
been for the whole period.
The gross for the four
months on the 4,404*7 miles, we find, aggregates $6,149,247 the present year against $5,819,913 last year, and
the net $1,936,887 against $1,450,615. It will be seen
that there has been a slight reduction in expenses on
increased gross receipts. We are informed that the re­
duction has been entirely under the head of conducting
transportation and in general expenses.
On roadway
and equipment the expenditures are in excess of a year
ago, the officials state, and the physical condition of
the property is being constantly improved.
In view of the reports that the Lehigh Valley and
some of the other anthracite coal companies have sent
out notices ordering the stoppage of shipments of coal
for the rest of the year, the statement of anthracite
production for the month of November, issued this
week, is decidedly interesting. It was understood
before the month began that there was to be no
restriction of the output during that month—that
each company would mine as much coal as it
saw fit.
The statement now issued shows that
full advantage was taken of this absence of all
restraint.
The Schuylkill region, whence comes
the Reading coal, increased its output as compared
with the same month last year 301,368 tons, the
Wyoming region made an increase of 208,051 tons,
and the Lehigh region an increase of 78,375 tons.
Altogether, therefore, nearly six hundred thousand
tons more were mined than in the corresponding month
in 1893, in which year the November statement had
shown an increase over 1892. As a natural result, stocks
of coal at tidewater shipping points have increased
from 732,265 tons at the beginning of the month to
874,906 tons at the close of the month, and doubtless
the stocks at interior storage points would also show a
considerable increase if we could have the figures.
On the basis of the changes in tidewater stocks alone,
the results for the month would be as follows.
January 1 to November 30.

November.
Anthracite Goal.
1894.

1893.

1892.

1894.

1893.

1892.

Tons.
Tons.
Tons.
Tons.
Ton».
Tons.
Stock beginning..
754,432
657,868
728,878
680,563
725,566
of period ........
732,285
38,297,239
P ro d u c tio n ............ 4,493,281 3,905,487 3,769,710 38,266.833 39,653,181
—
T otal supply .. 6,225,646 4,631,053 4,450,273 38,995,711 40,310,9&9 39,061,671
721,164 732.453
874,906
721,164 732,453
874,903
St’k end of period
Disposed o f .... 4,350,640 3.909,889 3.717.820 38,120,805 39,589.835 38^319,218

Thus if we could suppose that there had been no
increase in stocks at interior storage poiats the quantity
of coal disposed of daring the month in 1894 would
stand at 4,350,640 tons, against 3,909,889 tons in 1893,
3,717,820 tons in 1892 and 4,125,157 tons in 1891.
But the unsatisfactory condition of the trade during
the month and the very mild weather which has pre­
vailed forbid the supposition that there could have
been any considerable increase in consumption, and
hence the conclusion is that a part or the whole of
the expansion in output went to swell the total of un­
sold stocks.
There has been more activity and increased firmness
in the money market, though on call rates eased off a
little the last few days when it was seen that gold exports
were to be less than anticipated. No doubt the chief
influence inducing greater firmness is the preparation
already making for interest payments at the end of the

D ecember 22, 1894. J

THE CHRONICLE.

year. On time lenders are unwilling to make any con­
cession as to rates. As to the interest on bank deposits,
it seems from statements by some of the bank
officials that since the attempts were made to reduce
the rate to 1 per cent there have been some tranfers
of accounts from banks which will not pay more
than 1 per cent to smaller banks which seek by
offering a higher rate to increase their deposit line.
Some of these banks have agreed to pay 2 per cent on
a part of the deposits and 1-J per cent on the balance;
others distinguish between accounts where country
checks are large and the expenses in collecting them
are heavy, and those accounts which are inactive, paying
only 1 per cent on the former and 2 per cent on the
latter. Still, very few amounts, and those not very im ­
portant, have been transferred from any of the large
banks. The principal institutions which were the first
to make the reduction have not relaxed their rule.
Money representing bankers* balances was firmer on
Monday, based in large part upon the withdrawal of
gold for export to Europe, and also to reports that the
movement would be large at the close of the week,
and loans were generally made on Monday and Tuesday
at 1 | per cent, with some transactions at 2 per
cent. On Wednesday the market was quoted firm in
the morning, but as the day wore on it grew easier,
the higher rate bringing in a supply, and at the
close moderately large amounts were left unemployed
though offered at 1 per cent. The market was easy on
the following day and a shade better on Friday at H@2
per cent, with the business chiefly at 1-J per cent.
The average for the week was certainly not above but
rather below 1-J per cent. Renewals were made at this
figure, and though banks and trust companies sought
to obtain 2 per cent and some of them marked up their
loans to this rate on Wednesday morning, the bulk of
their business was at 1^ per cent.
Lenders on
time manifested a disposition to exact full rates,
and they early in the week quoted 1^ per cent
for thirty days, but subsequently advanced the
rate to 2 per cent. The quotation for sixty
days to four months is 2% per cent and for five to
six months 3@3^ per cent. The supply of commercial
paper is very small while the demand for first class
may be called urgent, some of the banks accepting
somewhat lower than the quoted figures in cases where
exceptionally good paper is offered. Rates are 2f@3
per cent for sixty to ninety day endorsed bills receiv­
able; 3@3£ per cent for four months commission house
and prime four months single names; 3^@4 per cent
for prime six months and 4|@ 7 per cent for good four to
six months single names,which, however, sell slowly.
It is reported that siuce the war between Japan and
China considerable amounts of silver have been sent to
London by Japan in making purchases of one kind and
another, and it is claimed that these remittances have
been an important influence in depressing the market
for silver. The Bank of England minimum rate of
discount remains unchanged at 2 per cent. The cable
reports discounts of sixty to ninety-day bank bills in
London 13-16 of 1 per cent. The open market rate at
Paris is If per cen t; at Berlin it is If per cent and at
Frankfort; If per cent. According to our special cable
from London the B m k of E lgland lost £331,057
bullion during the week and held at the close of the
week £33,362,389. Our correspondent further advises
us that the loss was due to the import of £L6?,000 (of
which £100,000 came from Australia, £47,000 from
Egypt and £15,000 miscellaneous), to shipments to the




1077

interior of Great Britain of £329,000 and to exports of
£214,000, of which £204,000 was to the Argentine Re­
public and £10,000 to France.
1
The market for foreign exchange has been irregular
this week and somewhat easier, but the conditions are
not radically changed compared with those which pre­
vailed last week; that is to say, the supply of bills has
been smaller than the demand to meet remittances, so
the balance has to be made with gold. Bankers repart
that there is no disposition to remit for coupons in ad­
vance of their collections, and therefore they do not look
for any call from this source until after the be­
ginning of the year.
There is also only a
small inquiry to remit for mercantile settlements.
On Monday Brown Bros, reduced their rates to 4 88f
for sixty days and 4 89^ for sight, and $1,750,000 gold
was engaged for shipment to Europe by the steamer
sailing on the following day—$1,000,000 by Heidelbach, Ickelheimer & Oo. and $750,000 by Lazard
Freres.
The tone was easy at
the
close
of the day, the demand having been satisfied
by the gold exports, and on Tuesday rates for actual
business in sterling were reduced one quarter of a cent,
and the market was quoted dull and steady, so re­
maining until Thursday, when it became irregular, with
some indications of selling of cable transfers drawn
against intended gold shipments. It was then reported
that Ladenburg, Thalmann & Oo. had secured $500,000
gold early in the week and that they would send this
sum and $250,000 more on Saturday; and estimates of
shipments on that day were $2,000,000. The actual
shipments will be $2,250,000, namely $1,000,000 by
Ladenburg, Thalmann & Oo., $750,000 by Lazard
Freres and $500,000 by Hoskier, Wood & Oo. The
following table shows the daily changes in rates of ex­
change by leading drawers.
Fri.,
Dec. I t .
.
89
fOO
days.
Brown B ro s ....; 1 Sight.... . 90
(60 days. .
Baring,
Magoun & Co. i( S ight....,. 89)4
Bank B ritish
Ii 60 days..,
No. America.. <! Sight...., , 8914
Bank of
(160 days.., 8814
M ontreal........1!Sight......, 89)4
Canadian B ank 1(60 days. . 3814
of Commerce. •( Sight.... . 8914
Heidelbach.Ick- (60 days. . 8314
elheim er & Co >
f S ight.... . 8914
days.,. 8814
Lazard Freres... •[60
! Sight....,. 8914
M erchants’ Bk. (60 days.,. 8814
of C an a d a .... 11Sight.... . 8914

W ed., Thurs.,
Mon..
Tues.,
Dec. 17. Dec. 18. Dec. 19. Dec. 20.
8814
8814
89-814
8814
90-8914 8914
8914
8914
8314
8814
8814
8814
8914
8914
8914
8914
8314
8814
8814
8814
8914
8914
8914
8914
8814
8814
8314
8814
8914
8914
8914
8914
8314
8814
8814
8«i4
8914
8914
8914
8914
8814
8814
8814
8814
8914
8914
8914
8614
8314
8814
8814
88«
8914
8914
8914
8914
8814
8814
8314
8814
8914
8914
8914
8914

Fri.,
Dec. 2 1
8814
8914
8814
8914
8814
8914
8814
8914
8814

8914
8814
8914
8814
8914
8814
8914

The market closed easy on Friday at 4 88£ for
sixty days and 4 89J for sight. Rates for actual business
in sterling were 4 87£@4 87f for long, 4 88£@4 88^- for
short and 4 88^@4 88f for cable transfers. Prime
commercial bills were 4 87@4 87i and documentary
4 86|@ 4 86f. Mr. Ford of the Bureau of Statistics
has this week issued the foreign trade statement for
November, and we give the results below in our usual
form.
F o r eig n T ra.de Mo v em ent
In th e following tab le th re e
,--- -1 8 9 4 .—
i l e r c h a n - Exports. Im ports.
ft
$
Jan.-March. 11*1,760 167,200
April-June.. I S 4.669 16S.681
Juiy-Sept;.. l y * . ^ 167.617
56,070
October.......
S 3 482
80,129
5 o,555
November..

of the

U n it e d Sta t es .

ciphers (000) a re in all cases om itted.
■---- — V
— — - 1 8 9 3 . — — — —*
Excess.
Excess.
Exports. Imports.
*
$
$
3
+54.500
10 4 .122 234,533 —40,411
194.275 222.663 -2M .388
+13.986
214,825 16S.129 + 46.060
+ 4 ,5 i3
S7.420
<*3,127 + 4 4 .2 9 3
+27,412
4S.668 + 4 2 ,9 8 2
+ 20.574
91.650
782,292

717,120

+ 6 5 ,1 7 2

8,509
62.411
10.601
1,088
420

3.939
7,507
5 477
1,870
1,920

+4.570
+ 54.904
+ 14,1*4
-302
—1,500

34.943
3S.775
2.501
511
331

8,237
3.522
5 4,203
1,584
4,471

+ 26,706
+ 3 5 .2 5 3
—5 1.641
—1.073
-4 .1 4 0

9 2,009

20.213

+ 71,796

77,121

72.010

+5,105

October......
November.

12.408
11.247
11.650
4.382
3,602

2,427
2.153
2,761
963
671

+ 10,041
+9.089
+8.889
+3,419
+2.931

10.130
9.415
13,868
3.458
4,166

5.308
4.204
5,434
1,413
919

+4,828
+5,151
+S.434
+ 2.010
+ 3 ,2 4 7

T o ta l........

43.349

8,980

+ 34,369

41,043

17,343

+ 2 3 ,7 0 0

Total.......
« to ld .

Jan.-March.
April-J ane..
October....'.
Novem ber .
T otal .......
S ilv e r.

Jan.-March.

740.220

+ excess of exports-

610.215 + 1 3 0 ,0 0 5

^ o e s s of im ports

1078

THE CHRONICLE.

We subjoin the totals 'forj merchandise,¡ gold and
silver for the eleven months for six years.
Mer c h a nd ise .
Eleven
Mos.

894.
1893.
1893.
1891.
1890.
1889.

Exports. Imports.

Excess
E x­
of
ports.
Exporti

1
r40,220
78¿,292
850,874
850,574
759,051
730,206

*
*
130005 93,009
65,172 77,121
75,070 63.652
91.701 78,832
*3,544 33.431
1 9,581 5C.621

$

010,215
717,120
775,804
758.673
763.595
710,624

Gold .

Sil v e r .

Im ­ Excess
E x­
of
ports.
ports
Exports

Im ­ Excess
ports. of E x ­
port»

t

30,213
73.016
15,910
38,951
14,197
10,700

t

71,796
5,105
47,742
39.881
9,234
39,921

*

$

t

43.349
41,043
31,266
34,858
33,705
36.872

8,980
17,343
19,902
16,112
30,541
17,662

34,369
33.700
11.364
8.746
3.164
19,210

* E x c e s s o f im p o r ts .

We give on another page our review of the net earn­
ings of United State3 railroads for the month of Octo­
ber. For November the Baltimore & Ohio reports a
decrease of $99,008 in gross earnings and a decrease of
$5,381 in net earnings. A report from Baltimore states
the decrease in the gross receipts is almost entirely ac­
counted for by the fact that a portion of the World's
Fair passenger receipts belonging to October 1893 were
charged up in November 1893. The amount, it is said,
was about $90,000 and came too late to be audited in
October, although properly earned in that month.
With this $90,000 eliminated the decrease the present
year would be merely nominal instead of $99,000. The
Pittsburg Cincinnati Chicago & St. Louis, one of the
Pennsylvania Railroad lines, reports for November
$42,565 increase in gross and $94,409 increase in net,
and the Pittsburg Youngstown & Ashtabula $63,906
increase in gross and $42,934 increase in net. These
results foreshadow a very good return by the Pennsyl­
vania Railroad itself. The Nashville Chattanooga & St.
Louis for November has gross of $409,318 against
$382,037, and net of $167,650 against $174,201; the San
Francisco & North Pacific gross of $69,153 against
$66,761, and net of $24,449 against $20,747, and the
Quincy Omaha & Kansas City gross of $18,840 against
$19,029, and net of $3,734 against $4,062. In the
following we furnish some comparisons of earnings for
four years.
-------------- ---- October Earnings.—
1894.
1893.
1892.
1891.
«
$
$
' $
107,955
104,576
81,095
73,73g
N et
41,300
43,805
28,>90
29,474
In d . D ecatur & W e ste rn .. ..G ross
37.289
35,615
41,355
41,'67
N et
8,679
2,859
7,096
6.412
D a te E rie & W este rn ........
297,037
286,029
344,905
308,555
N et
131.501
127,322
177,363
144,497
St. Louis A lt. & Ter. H __
137,109
139,039
150,868
153,841
N et
70,085
62,989
76,010
81,349
—November Earnings.—
1894.
1893.
1892.
1891.
N am e o f road—
3
$
$
$
B altim ore & Ohio...............
1886,383
1,985.391
2,138,538
2,119,008
N et
607,659
613,040
517,372
613,686
N ash. Chat. & St. L o u is...
409,318
382,037
425,045
440,702
N et
167,649
174.201
175,629
174,015
P itts. Cln. Chic. & St. Ii........Gross Inc.42,c65 Dec.213,713 Inc.136,227 Dec.35.861
N et Inc.94,409 Dec.128,144 Inc. 2,461 Inc. 5,618
P itts. Young. & A sh ........
142,602
78,696
105,103
108,837
N et
69,802
26,663
35,734
36,597
San. Fran. & No. P a c ........
69,153
66,762
68,157
76,815
N et
24,449
20,747
20,123
30,489
Sum. Br. & Lykens V a l..
201,241
21‘\108
213,432
187,97
N et
21,372 Def.9,406
2,273
1
Nam e of road.
Elgin Jo lie t & E a s te rn ....

The following gives, the week's movements of money
to and from the interior by the New York banks.
4
Week Ending December 21,1894.

Currency..........................................
S o ld _______ ________________ ...
T otal gold and legal ten d ers__

Received by Shipped by
N . Y. Banks- N . Y . Banks

$5,213,000 $2,094,000 Galn.$3,119,000
800,000
600,000 Gain. 200,000
$6,013,000 $2,694,000 Gaiu.$3,319,0ÔÔ

Result with Sub-Treasury
exports:
Week Ending December 21,1894.

N et Interior
Movement.

operations

In to
Banks.

Out of
Banks.

and

gold

N et Change in
B ank Holdings.

Banks’interior movement, as above $6,013,000 $2,694,000 'Galn.$3,319,000
Snb-Treas. oper. and gold exports.. 24,200,000 28,100,000 Loss. 3.900,000
Total gold and legal tenders.
$30,213,000 $30,794,000 ïï>ss. $581,000

The following table indicates the amount of bullion
in the principal European banks this week and at the
corresponding date last year.




B ank of

[VOL. LIX,
December 20,1894.

Gold.
E ngland........
F ran ce...........
G erm any.......
A ust.-H ung’y
Spain..............
N e th e rla n d s.
N at.B elgium .

Silver.

£
£
33,362 289
82,102,498 49,685,241
40,100,700 13,366,900
15,105,000 14.162.000
8,004,000 10.850.000
4,083,000 6,874,000
3,446,667 1,723,333

Total.
£
33,363.389
131,787.739
53,467,600
29.267.000
18.854.000
10,957,000
5,170,000

December 21,1893.
Bold.

Silver.

£
£
25,001.479
68.531,000 50,746,000
31.482.000 10,491,000
10,199,000 16 095 000
7,918,000 6 935,000
3,583,000 6,965,000
2,894,000 1,447,000

lo ta l.
£
25,001,479
119,277,000
41,976 000
26.294.000
14.853.000
10,548,00 0
4,341,000

T ot.thls week 186,204,264 96,661,474 282,865,728 149.603.479 92,683,000 242,290.479
Tot. prey, w’k 185,944,100 96,279,824 282,223,924 150,168,60i'92.563,333 242,731,937

CURRENCY REFORM SHOULD BE
ENCO URA CED, NOT Dl&CO URA CED.
Overmuch importance has been attached to the fact
that a majority of the Committee on Banking and Cur­
rency on Monday reported to the House Secretary
Carlisle's banking bill without amendment. We stated
last week that the majority of the committee would take
that course, not because they approved of the bill as a
whole, but because they recognized its merits and
agreed with its leading purpose to take the Govern­
ment out of the banking business; and furthermore
because by reporting it they could quickest put the
subject in the way for speedy legislation. That this
surmise was correct their report proved, for while
favoring the measure in its general features, that docu­
ment states that those signing it did not agree to <e all
the provisions of the bill," but concurred in reporting
it “ for consideration, each (signer) reserving the right
to offer such amendments as he" might “ deem proper
and to vote on the bill finally as he" might “ deter­
mine."
Moreover, now that the discussion has begun the
position and frame of mind of those who have the bill
in charge is becoming more clearly defined. It seems
to be admitted on all sides, according to the latest re­
ports, that the provisions which have met with severest
criticism will be materially modified. Indeed as we
write the report comes to us that a substitute bill has
been agreed upon and will be presented at once; the
better features are to be preserved and the objection­
able ones changed so that any uneasiness which may
have been felt arising from a fear with reference to the
outcome can safely and ought to be dismissed.
We are aware there are some among our conservative
classes who object even to a discussion of the currency
subject now, because they believe business development
will be checked by it. We should agree with this view
!f the financial situation did not so positively need correeting and if there was not a better hope than there
was a year ago that a relief measure might be success­
ful. There is, too, at present another favorable
condition, and that is the session is a short
o n e ; hence the agitation will in any event be
quickly over, and if as the fruit of it a fairly
satisfactory method for changing our Government
legal tender notes into redeemable bank notes can be
contrived and the journey towards a reform be entered
upon at once, it would be a great gain. It should be re­
membered that there is no alternative except to put off
the undertaking for a year at least and endure in con­
siderable measure for another twelve or eighteen
months the suspense we are now enduring. What that
means the country at large does not half appreciate,
for it fails to realize the intimate connection between
an unsound currency, the timidity of capital, and busi­
ness depression. Of course the industrial dislocation
is not wholly due to our currency; at the same time no
one can account for the high rates of foreign

D ecembeb 22, 1894,]

THE CHRONICLE.

exchange and the gold exports, which are to-day
doing so much to check enterprise, without mak­
ing our inelastic monetary system at least a promi­
nent feature among the causes at work producing
the outflow.
In a previous article we give
our usual summary of the foreign trade figures
down to the first of December. They are worth a
•careful study, which cannot be made at all complete
•except by a comparison of the course of affairs during
all the years since 1879. We however can only note
here this year’s situation—gold exports in progress in
face of an export for the eleven months in excess of
•imports of ($130,005,000 merchandise + $71,796,000
gold + $34,369,000 silver) $236,170,000, with another
large addition to be made to this favorable balatfce
when the December trade figures are issued, and still
another when the January figures come in.
Notwithstanding this situation, very likely many
will insist that the Carlisle Bill is so undesirable noth­
ing can be hoped from its consideration as the basis of
legislation. That has apparently been the attitude of a
large number of Congressmen. We have from the first
admitted that there are features in the measure that
must be changed, and according to the latest reports they
are to be changed. Take the seventh section, its most
objectionable provision, as an illustration. It requires
the national banks to withdraw the bonds they have
on deposit to secure circulation on or before the first
of July 1895. That section is undoubtedly a mistake
in the form in which it existed in the bill and cannot bear
discussion. It would be a very grave error, as well as a
wrongful act, to force the marketing of the 200 million
of bonds held for circulation within six months, or
within any fixed period. Indeed would it not be al­
most a breach of faith to compel banks who have been
induced to purchase at a high premium for currency
purposes certain securities with the currency privilege
attached to sell them now with that prerogative with,
drawn. Much the same thought applies too to other in­
vestors in the bonds. Consider for a moment the situ­
ation of the purchasers of the 50 millions the Admin­
istration has j ust sold. Had those bonds not carried with
them the currency franchise and consequently been in de mandfor that purpose they could not have been disposed
of*at the price obtained; consequently to take away the
right immediately after the purchase would be unfair.
As to the business dislocation which would follow a forced
sale by the banks of so large an amount of these securi­
ties, that is an effect we hardly need stop to develop.
The result upon the market price is sufficiently evident,
and the consequent direct losses to those institutions
are a matter of easy measurement; in addition, though,
there would be the indirect damage to be taken into the
account, for the lower price could not fail to cause the
•suspension of many of the weaker institutions, the
impairment of the capital of others, and a general dis­
turbance and contraction of loans throughout the
country, which, as may be readily seen, might lead to
widespread mercantile embarrassments.
All this is now so far acknowledged as to have led to
a determination to change not only the seventh section,
but some other objectionable features of the bill.
The fact is there was no good reason for keeping
the proposal as it stood. On the contrary the suc-cess of Mr. Carlisle’s currency plan would not be
hastened in the least, but delayed, by trying to force
the banks to come into the rew arrangement. Every
interest will be better served by not depressing the
prices of Government securi'ies or weakening the old




1079

institutions ; all that would tend to hinder and defeat
the happy effect and facile working of the new meas­
ure. Besides having sold the bonds, not a bank would
take out the new circulation unless it paid to do so,
while if it was made profitable, as we believe it will
prove to be, our national institutions would not be slow
in discovering and working under it. There is more
occasion to think that they would be too fast rather than
too slow in carrying forward currency substitution.
Mr. Sperry, of Connecticut, put the method to be
adopted in the right shape when he ’said the change
should be “ permissive in character;” and the amended
bill, as we understand it, will leave the matter of
making a change optional with the banks. In that case
the plan will work only in the event that it meets a want,
and if it does not work it will do no harm.
In other
words, it will have no effect on financial affairs except
so far as it is corrective and wholesome.
That method of operation was, we infer, Mr. Car­
lisle’s intention as we interpret his suggestions in his
annual report. He purposed to frame a device on all
points in touch with commerce. But in hastily pre­
paring a bill to meet his thought provisions have been put
into it which need modification. That can cause no sur­
prise. It would be unusual if a measure of this kind
did not have defects and could not be improved. For
that reason we favored the method of reporting the
bill and were greatly pleased with the differences of
opinion among the majority of the committee as to its
provisions. Agreement would have meant party agree­
ment and party action. If there is one subject with
reference to which more than all others the consider­
ation by Congress should be free from politics and the
interests of the whole country and the country’s in ­
dustries should control action, that subject certainly is
the rectification of our currency. At the same time, as
speedy action by the House as the case will permit is
highly desirable because the current session of Congress
is a brief one. If consequently the whole body of our
representatives would unite in producing the best re­
sults possible in the short time allowed for their delib­
erations, the promise is that the country might obtain
a happy deliverance from the most embarrassing and
perplexing dilemma it has ever put itself in.

THE STATEMENTS OF THE VANDERBILT
WESTERN ROADS.
The statements of the Lake Shore & Michigan South­
ern and the Michigan Central for the calendar year
1894 (in part estimated of course) submitted at the an­
nual meetings this week are useful in showing what
these important properties have been able to do in a
very bad year, commercially and financially. The re­
sult on the whole is very encouraging. The Lake
Shore pays its usual semi-annual dividend of 3 per cent,
and the dividend has been fully earned. Michigan
Central stockholders, however, and also Canada South­
ern stockholders are obliged to forego the extra allow­
ance which it has been usual to make at this period—
that is, instead of 2 per cent semi-annual and 1£ per
cent extra, Michigan Central stock will get this time
merely the regular 2 per cent and Canada Smthern
stock will get only the regular distribution of 1£ per
cent, the ^ per cent extra being omitted.
It is almost superfluous to say that both the Michigan
Central and the Like Shore have sustained a tremen­
dous reduction of their gross receipts. But the saving
in expenses has been on a scale commensurate with the

1080

THE CHRONICLE.

loss in gross receipts and consequently the decrease in
net is comparatively small, though in the case of the
Michigan Central (and consequently also in the case of
the Canada Southern, the two forming parts of one
system) this decrease in net has been sufficient to
necessitate a reduction in the dividends.
For the Lake Shore the falling Off in gross receipts
has been $4,160,988, or 17*56 per cent; for the Michi­
gan Central, $3,478,000, or 21-J per cent. The two
roads together therefore have suffered a decrease in
the sum of over 7-J million dollars. The causes re­
sponsible for this great decrease are of course well
known. Business depression has been the main though
by no means the only factor in it. As has been re­
peatedly shown in these columns, we had during 1894
a combination of unfavorable influences and conditions
which in intensity and magnitude stand without a
parallel in our industrial history. The panic of
1893, with the financial and commercial revulsion
attending it, would have made business in 1894
poor probably in any event.
But in addition
special circumstances conspired to increase and in­
tensify the depression. The large gold exports, the
unfortunate condition of the United States Treasury,
which so greatly disturbed the business world and
undermined confidence, the tariff agitation hardly less
disturbing and almost as prolonged, the strike of the
coal miners, the great railway strike, the poor crops,
the low prices for wheat and cotton, and a variety of
other influences and events, all had the effect of dimin­
ishing traffic and business. It is to be remembered
too that the depression in trade not only resulted in a
diminution of the volume of traffic in domestic pro­
ducts, but that in curtailing purchases abroad, and thus
very greatly restricting importations, it reduced the
volume of foreign products passing west-bound over
the trunk lines. Both the Michigan Central and the
Lake Shore of course also suffered from the smaller
grain movement.
Under the great loss in gross earnings, had the roads
not found it possible to contract their expenses very
materially, the showing as to the net must have been
exceedingly poor.
Fortunately they had it within
their power to meet the falling off in gross receipts
by an equally radical cut in expenses. Both roads had
for many years been making extensive improvements
and charging the same to expenses. The Lake Shore
in particular had been exceedingly liberal in this
respect, having paid for all its additions, improvements
and betterments—and these have been of very large
extent—out of earnings, not a dollar having been
charged to capital account since 1883. During 1893
alone, as we showed a year ago, expenses had included
extraordinary outlays of this character (covering ad­
ditions to equipment and betterments to road) to
amount of about 3^- millions. We remarked at the
time that if earnings during 1894 should fall off heavily
as the result of the depression in business, it would
only be necessary to stop this class of expenditures.
Under the circumstances and remembering that a
smaller volume of business means a smaller volume of
work to be done and consequently reduced expenses in
that way, it is not surprising that the Lake Shore with
$4,160,988 or 17-56 per cent decrease in gross earnings,
should be able to report $3,965,534 or 23*16 per cent
decrease in expenses, leaving a loss in net of only
$195,454, or less than 3 per cent. Uor does the saving
in expenses imply any neglect of necessary repairs.
It simply means that for the time being outlays for




IT ol. LIXu

additions to property and plant have ceased, there
being indeed no need for such additions when present
facilities are so greatly in excess of the requirements of
the small volume of business offering. We have shown
on previous occasions how steadily and largely the ex­
penses of the Lake Shore had been rising for many
years till in 1893 the ratio of expenses to earnings had
reached over 72*29 per cent—the heaviest ratio in
eighteen years—and the following statement will serve
to bring the same fact again to notice..
L A K E S H O R E & M IC H IG A N SO U TH ER N ’S INCO M E.

Years.

Operating
Gross
N et
Earnings. Expenses Earnings.
and Taxes.
$

1870...............
1871...............
1872...............
1873...............
1874.............
1875.............
1876...............
1877...............
1878...............
1879...............
1880...............
1881...............
1882...........
1883...............
1884...............
1885...............
1886...............
1887...............
1888...............
1889............
1890..............
1891...............
1892........ .
1893..............
1891*...........

13,509,236
14,898,449
17,699,935
19,414,509
17,146,131
14,434,199
13,949,177
13,505,159
13,979,766
15,271,492
18,749,461
17,971,391
18,225,639
18,513,656
14,843,584
14,133,506
15,859,455
18,710,963
18,029,627
19,487,196
20,885,760
21,431,387
22,415,382
23,685,933
19.524.945
* P a r tl y e s tim a te d .

$

Earned.

$
5,140,415 1,828,897
5,118,643 2,121,164
5,860,409 2,201,459
5,667,911 2,654,560
5,993,760 3,008,193
3,902,698 2,810,294
4,374,341 2,759,989
4,541,193 2,775,657
5,493,165 3,718,792
6,336,968 2,754,988
8,331,356 2,750,374
6,692,962 2,725,375
7,167,832 3,027,000
7,511,802 3,498,806
5,710,062 3,720,670
4,845,969- 3,867,456
6,127,833 3,712,978
7,681,165 3,649,645
6,719,256 3,608,391
6,639,745 3,423,469
6,645,279 3,344,735
6,798,711 3,359,251
6,612,192 3,375,364
6,562,020 3,365,376
6,366,566 3.360.060
$

8,368,821
9,779,806
11,839,526
13,746,598
11,152,371
10,531,501
9,574,836
8,963,966
8,486,601
8,934,524
10,418,105
11,278,429
11,057,807
11,001,854
9,133,522
9,287,537
9,731,622
11,029,798
11,310,371
12,847,461
14,220,481
14,632,676
15.803,190
17,123,913
13.158,379

Dividends per Sha
o f $100.

Fixed
Charges.

$
9 60
8 37
8 55
© 10
6 04
2 20

3
3
5
7

2©
57
61
24
11 28
8 02
8 37
811

4 02
1 98
4 38
8 15
6 29
6 50
6 67
6 95
6 51
6 46
6 08

Paid
$
8 0©
8 00
8 00

4
3
2
3

00
25
OO
25.

2 00

4 00
50

6
8
8
8
8

00

06
00

06

5 00

2'00

4 00
5 00

5 06
6
6
6
6
6

00
0©
00
00
00

As it is desirable to see how the comparisons were
running in the closing months of the year, we have
worked out and present below the results for the
September and December quarters separately. It will
be observed that in the closing quarter the showing
was slightly improved, the loss in gross as compared
with 1893 being less than in any preceding quarter of
the year, while the net actually records a small
increase.
L a k e Sh o r e .

1894.

Quarter in d . Sept. 30—

1693.

$

1892.

$

1891.

$

1890.

$

$
G r o s s e a r n i n g s .............. 4,892,058

6,064,579

5,627,255

O p e r a ti n g e x p e n s e s * . 3,172,918

4,301,434

3,903,132

4,006,836

3,489,163

N e t e a r n i n g s .......... 1,719,140

1,703,145

1,724,123

1,873,502

1,7/5,910
5,676,837

5,880,398

5,265,073

Q m rter end. Dec. 3 1 .—
G r o s s e a r n i n g s .............. 5,236,560

.5,804,772

6,109,472

6,000,941

O p e r a ti n g e x p e n s e s * . 3,420,375

4,084,391

4,129,086

3,752,591

3,525,857

N e t e a r n i n g s .......... 1,816,185

1,720,381

1,980,386

2,248,350

2,150,980

Half-year end. Dec. 3 1 .—
G r o s s e a r n i n g s ............. 10,128,618

11,869,351

11,736,727

11,881,339

O p e r a ti n g e x p e n s e s * . 6,593,293

8,385,825

8,032,218

7,759,487

7,015,02

N e t e a r n i n g s .......... 3,535,325

3,483,526

3,704,509

4,121,852

3,926,890

10,941,91 Oí

* N o t in c l u d i n g t a x e s .

In the case of the Michigan Central the reduction
in expenses for the year has been just as marked as for
the Lake Shore. We have already stated that the
decrease in gross was $3,478,000, or 21£ per cent. In
the expenses the reduction is $3,115,000, or 25*35 per
cent. This, however, still leaves a loss of $363,000,000, or 9*33 per cent, in the net, and explains
why the dividend was reduced. After paying over to the
Canada Southern the proportion of the net revenues to
which that company is entitled, there was available for
dividends on Michigan Central stock $847,000 in 1894,
against $1,078,000 in 1893— that is, 4*52 per cent was
earned in 1894, against 5*75. per cent in 1893. The 4
per cent to be paid out of the year’s earnings takes
$749,528, leaving a surplus balance of $97,472. The
Lake Shore shows 6*08 per cent earned on its stock,
and the surplus above the 6 per cent paid is $38,576.

D ecem ber

THE CHRONICLE

22, 1894. J

COMBINED EARNINGS OP MICHIGAN CENTRAL A.ND CANADA SOUTHERN.

Years.

1878..................................
1879................................
1880..................................
186:)............... . . . . . . . ........
1882................................
1883..................................
1881.............................
1885........... ................
1886..................................
1887 .................................
1888..................................
1889..................... ............
1890..................... ..........
1 8 9 1 . .... .. .. .. .v
.
1892.............. ..................
1803................................ .
1891*................................
* P a r t l y e s tim a te d .

Operating
Net.
Oross
Éarnings. Expenses Earnings.
and Taxes.
$
9,172,631
10,110,795
12,791,128
12,303,591
12,157,991
11,009,767
ll,659,t)77
10,707,391
12,295,828
11,161,190
13,770,523
13,786,925
14,190,712
15,102,900
15.908,293
16,178,031
12,700,000

%
6,437,197
. 7,147,681
8,215,092
9,404,113
9,268,906
9,741,639
8,959,132
8,014,603
8,101,679
9,875,216
10,086,606
9,895,158
10,731,754
11,107,569
12,016,095
12,287,792
9,173,000

$
3,035,134
3,263,112
1,570,336
2,899,148
3,189,085
4,268,128
2,699,945
2,692,791
3,891,119
1,289,241
3,683,917
3,891,767
3,758,958
1,055,391
3,862,198
3,890,239
3,527,000

Interest
and
Rentals.
$
2,003,297
2,013,155
1,994,210
2,371,551
2,480,602
2,133,416
2,638,602
2,866,753
2,576,985
2,535,930
2,512,527
2,451,332
2,439,287
2,101,363
2,401,8 J4
2,401,000

Balance.
$
1,031,837
1,249,957
2,582,126
527,597
708,483
1,834,712
61,313
26,038
1,314,104
1,753,314
1,162,825
1,379,210
1,304,626
1,616,104
1,457,835
1,488,435
1,126,000

One fact in connection with, the reduced expenses
has a general bearing and deserves special mention.
We have seen that the redaction on the Lake Shore
amounts to 13,965,534 and the reduction on the Michi­
gan Central to $3,115,000. Here then are two roads
—by no means among the largest in the country—
which during the twelve months of 1894 paid out seven
million dollars less than during the twelve months of
1893. Consider what this means in the way of diminished
payments to the wage- earning class. We do not of course
intend to assert that the two roads saved that much in
their pay-rolls. The greater part of the whole no
doubt is referable to diminished purchases of supplies,
but that is only another way of saying that the wageearners in some other branch of industry have been
deprived of the whole or a part of their customary
wages. At $700 a year the $7,000,000 represents
the yearly earnings of 10,000 men. Could anything
illustrate more forcibly the close connection between
the railroad industry and the general range of
industries ?

THE

WAR

I N THE E A ST — THE
APPROACHING.

END

It now begins to appear as if the great struggle in
the East was drawing to a close. If the end should
come early, as it promises to do, its brevity, all things
considered, will be one of its most important features.
Few wars in modern times have so astonished the
world. In some important particulars it recalls, as
we said on a former occasion, the memory of the
Franco-German war of 1870. Short, sharp and de­
cisive was true of that war; and if this war in the East
is to end as soon as many are now expecting, it will
merit the same description. Nor will it be wonderful
if in the results, as in the war itself, there should be.
some strong points of resemblance. France remained,
but had to suffer loss of territory and a large loss of
money. When this struggle shall have ended, China
will remain ; but what is to be the fate of the empire
and the dynasty is at the present moment extremely
doubtful.
When we take into account the rapidity with which
the Japanese have rushed their victories both on land
and sea, and the demoralized and terror-stricken con­
dition to which they have reduced their opponents, we
cannot be surprised that the Chinese Government, ac­
cording to one of our latest reports, has sent, or is
about to send, a prominent official to Japan to make
overtures of peace. According to the same report,
peace will be accepted at any price, if only the dynasty
is spared. Assuming this report to be in the main cor­




1081

rect, two questions become pertinent. Will the Japa­
nese come to terms on any such basis ? If they should,
have we any reason to believe that the Chinese people
would settle down quietly under such conditions ?
What Japan may do in view of such submission on
the part of China we know not. One thing we
think we may venture to assert, and it is this : Japan
will not now sign a treaty of peace with China outside
of Pekin. It is not improbable that hostilities may be
suspended at the intercession of the Chinese. But in
such a case it seems probable that the Japanese will insist
on taking their ships up the Peiho, and on marching
their land forces in triumph into the Chinese capital.
They think they have already won the righ t; and
if this right is denied them, they appear to be in­
clined to press their advantage and push their way to
Pekin.
A glance at the map will show how completely the
Japanese have secured command of the situation. N ot
deeming it necessary to waste time, men and the
material of war, by investing and reducing Moukden,
they have adopted the swifter and bolder course of
hugging the shore and moving upon and capturing
Niuchwang and thence pushing on toward Taku. In
this direction we are assured both the first and second
armies are now moving. Niuchwang is only about
100 miles northeast of the great wall, and it is not
more than 275 miles distant in the same direction from
Pekin. Taku, which is about the same distance from
Niuchwang, offers an easier approach to the capital,
and has the advantage of enabling the armies to be
nearer the ships. It is reported from Shanghai, the
best-informed quarter at present, that the Japanese
are marching in force from the south to the same
point. In this last-mentioned report there is nothing
at all improbable, for we have had repeated information
of Japanese troops having been landed to the south of
Tientsin.
Of course we are in comparative ignorance of the
power of resistance which is stored up in Taku and in
Tientsin. There is always danger for an invading
army when it nears the capital of a great nation ; and
in spite of all we have heard of the comparatively
defenseless condition of Pekin, there may be a latent
force which will reveal itself to the surprise and incon­
venience of the invaders.
But we have not been
encouraged by anything which the Chinese have done
in this war, either by land or sea, to expect any such
revelation of patriotism, of loyalty or of strength.
The chances seem to point to a comparatively easy
final victory. With the occupation of Port Arthur
and the virtual control of the opposite side of the
strait, and with the almost complete annihilation of
the Chinese fleet, Japan has nothing to oppose her,
either in the gulf of Pechili or in the waters of Liaotong more to the north. In the outside waters she
has no hindrance. She can therefore, if need be,
strengthen her armies at will, both in men and mate­
rial of war.
Tnere is, however, a strong probability that the war
will not be carried in its more violent shape into the Chi­
nese capital. If there is an honest, earnest appeal made
directly by the Chinese Government to that of Japan—
by Emperor to Emperor—the presumption is strongly
in favor of at least a temporary cessation of hostilities.
The occasion will undoubtedly be taken advantage of
by the great European Powers ; and an effort will be
made to bring about a general understanding. But as
we have said already, Japan does not intend that any-

1682

THE CHRONICLE.

thing shall hinder the marching of her troops into
Pekin. There and there only, unless there be an in­
terference of the Powers, will the treaty of peace be
signed. On this the Japanese have set their hearts.
Europeans have their treaties of Paris and their treaties
of Berlin.
The Japanese are resolute in having a
treaty of Pekin.
The difficulty will arise in connection with conces­
sions. Japan believes she is entitled to suzerain con­
trol in Core a ; also that the waters of the Gulf of
Pechili shall be free and unrestricted ; and that no
forts shall be maintained either at Port Arthur or at
Wei-hai-wei. Her claims for indemnity will doubtless
also be large. All these matters may be easily gotten
over. But if Japan seeks to hold Manchuria she will
come into collision with Russia. If she seeks to obtain
possession of Formosa she will come into collision with
France, and probably also with Great Britain. If she
makes any claim on Chusan she will have similar diffi­
culty with one or other of the Powers. There is a
strong presumption, therefore, that China and Japan
will be allowed, within certain limits, and under cer­
tain conditions, to sign a treaty of peace ; and that a
later treaty signed by the Powers will settle some out­
standing questions and make arrangements for the
distribution of certain coveted territory.

PU BLIC LAND SALES .
Public land sales are not now such a prominent
actor in the country's development as they were six or
seven years ago, the totals being only about half what
they were at the earlier date. But the yearly dispos­
als still reach a fair aggregate, and the figures are
always interesting as an indication of the movement in
progress in opening up new sections of country.
The
recent issue of the annual report of the Commissioner
of the General Land Office enables us to see what the
disposals were for the year to June 30, 1894. We
propose in the present article to compare these figures
for 1893-94 with those for the years preceding, as given
by us on former occasions.
The smaller movement in the more recent years
must be attributed to a variety of causes. In the first
place in many of the public land States the best sec­
tions have all been taken up, so that the quantity of
desirable land still left has been very greatly reduced.
While considerable areas remain undisposed of, much
of this is either mountainous or lies in the so-called arid
regions, and requires irrigation to make it fit for
cultivation and settlement—a method, however, which
is now very extensively used, and with excellent
results. Then also the law has been changed so that
there are now fewer ways to obtain Government land,
while it is not possible for a settler to acquire such a
large quantity in the aggregate.
By the act of March
3, 1891, the timber-culture laws and also the laws
providing for the disposal of public lands to preemptors were repealed. Consequently those wishing to
acquire ordinary farming or agricultural latd are
restricted to the method provided in the homestead
laws. Formerly it was possible for a party to make
both a pre-emption and a timber culture entry of 160
acres each, in addition to a homestead entry, giving
480 acres together ; as the law now stands a homestead
entry of 160 acres is the maximum, and neither
a preemption nor a timber-culture entry can be
initiated.




[VOL. LIXj

Another important point of difference is that rail­
roads are not now pushing new mileage into unopened
sections. The railroad is the pioneer of progress, and
formerly there was great anxiety to build into undevel­
oped territory as offering a promising field for future
business. In those days all the large companies were
prosecuting new extensions, sometimes in advance of
the settlement of the country, sometimes coincident
with it. But new railroad construction has been small
for some years, and latterly has come almost to a stand­
still. In the earlier period the railroads were able and
willing to take some chances on the new mileage be com ~
ing self-sustaining. Now they find it difficult to sup­
port even their old mileage, and further additions are
out of the question. The result is that no considerable
new areas are made accessible, and furthermore those
taking up land remote from the railroads have no assur­
ance that the new sections will soon be brought withiu
reach of such highways—they may have to wait a great
many years before the territory will be supplied with the
desired railroad facilities. We need hardly say that
under such circumstances the inducement for intend­
ing settlers to incur the hardships incidental to a'pioneer's life is very small. Besides this, it must be
remembered that agricultural conditions in recent
years have not been such as to encourage ventures in
the farming lin e ; there have been a number of poor
crops, and certain sections have experienced almost
complete crop failures. Furthermore, in the case of at
least one important crop—the wheat crop—prices have
dropped so low that it is a question whether they suffice
to pay the cost of production. Altogether, there­
fore, many different circumstances and events have
combined to keep the takings of new land down to
small proportions.
It happens nevertheless that the aggregate disposals
for 1893-94 are slightly larger than for 1892-93. We
mean by this the aggregate of land entered presumably
for settlement and cultivation—that is the disposals for
cash and under the homestead and timber-culture
laws. If we should include lands certified to the rail­
roads and lands patented to the States, the totals would
vary widely from year to year, but such results would
afford no indication of the extent to which the public
domain was being entered for actual occupation. It
is therefore necessary to eliminate items such as those
mentioned, which represent a mere change of title
without bringing the land into use. The importance
of this distinction is evident from the results for the
late year. In the grand aggregate of all the disposals
of every character there is a falling off for that year
from the year preceding of nearly 1£ million acres—1,485,043 acres—but more than the whole of this de­
crease occurred in the State and railroad selections,
which, as stated, belong in a totally different category
from the disposals to actual or intending settlers. The
takings of this latter class, as already said, have been
somewhat larger than in 1892 93, the precise amount of
increase being 438,988 acres.
Bat though there is this increase the totals are com­
paratively small for both years, namely only 8,663,625acres for 1893-94 and 8,224,637 for 1892-93. In 188788 the disposals on the same basis reached 16,319,076
acres, in 1886-87, 17,406,658 acres and in 1885-86
18,309,942 acres. Moreover, the slight upward ten­
dency in the late year is due to a special cause, and
has therefore no particular significance. It is due to
the opening of the Cherokee Outlet in Oklahoma Ter­
ritory. Provision for the disposal of the lands in thi&

D ecember 22 , 1894.1

Outlet was made by Congress by the Act of March 3,
1893, and the execution of a formal contract with the
Indians in accordance with the terms of the Act was
completed May 17, 1893. The President's proclamation opening the Outlet to settlers was issued August
19, 1893, and in it September 16, 1893, was fixed as the
date when entries might begin. It is estimated that,
excluding exis ing Indian reservations, the Outlet con
tains, roughly,
million acres. Up to July 1, 1894,
21,193 homestead entries and 1,326 soldiers'declaratory
statements had been placed on record in the land offices
within the area of the new section, and the disposals of
land in Oklahoma Territory during the twelve months
ending June 30, 1894, are reported altogether at the
large figure of 3,770,496 acres.
Ordinarily it takes considerable time after the land
has been taken up before the fruits appear in a marktd
development of the new districts. But in this instance
the circumstances were exceptional, and settlemenis
were created over night. Some of the towns in the S:rip,
the Land Commissioner says, have already reached a
population of over 5,000, and quite a number have over
1,000 inhabitants. The whole of Oklahoma of course has
had a sudden growth, but the area disposed of in the
late year through the opening of the Cherokee Outlet
has been far in excess of that of any previous year—and
in fact but little less than the aggregate for all the
preceding years combined. Thus, as against 3,770,496 acres for 1894, the disposals for 1893 were 855,018
acres, for 1892 1,583,135 acres, for 1891 296,874
acres, for 1890 1,083,691 acres and for 1889 905,544
acres, which latter is as far back as the movement
extends.
Prom what has been said it is obvious that except for
the opening of the Cherokee Strip and the consequent
large takings in the Territory of Oklahoma, the total dis­
posals of public lands in the United States in the late
year would have reached very small dimensions. De­
ducting the 3,770,496 acres taken up in Oklahoma
from the 8*663,625 total of the disposals in all the pub­
lic laud States, including Oklahoma, we find that the
takings outside of Oklahoma for the year were but
4,893,129 acres. In only one State or Territory did
the disposals reach as niUch as 400,000 acres, namely
South Dakota. By contrasting the takings for the late
year with those of the earlier years in some of the prin­
cipal public land States, we get an idea of the great de
dine in the movement which has occurred in
the various sections. In Colorado the area entered
in 1894
was only 279,105 acres ; in 1888
it had been 2,629,113 acres; in 1887 2,526,699
acres. In South and North Dakota combined the d is­
posals in 1894 were but little over three quarters of a
million acres; in 1887 the total had been 2,068,760 acres; in 1881 6,069,307 acres. In Kansas the
takings in 1888 had been 2,552,530 acres, in 1887
3,719,441 acres, and in 1885-6 5,541,251 acres ; for
the late year they were no more than 138,052
acres.
In Nebraska the entries in 1887 covered
2,513,620 acres and in 1886 3,037,714 acres; in
1894 they comprised only 256,964 acres.
It was
these large disposals in the earlier period added
to the sales by the railroads, which were also large,
and the coincident buildiDg of so much new rail­
road mileage, that produced that great development
of the Western country which excited the wonder of
the world at the time ; evidently the situation has
greatly changed in that resp°ct now. In the following
we show the disposals for the last seven years in




1083

THE CHRONICLE.

all the States and territories where there are public
lands.
DISPO SALS O P P U B L IC LANDS F O R CASH AND U N D E R T H E HO M ESTEA D
AND TIM B E R -C U L T U R E LA W S B Y FISC A L Y E A R S FR O M J U L Y 1 ,
1887, TO J U N E 30, 1894.

States & 188T-S8.
Ter's.

1888-89.

1889-90.

a .eres.
Acres.
Acres.
323,550
238,126
A la.......
532,093
Arizo’a.
128,531
117,343
204,620
A rkans.
339,089
411,645
370,762
C alifor. 1,687.004 1.003,161
776,268
C olora.. 2,629,113 1,626,881
929,237
D akotaN.Da. > 1,098,323 1,003,070 5 442,330
8 . Da. 1
< 692,567
85,500
226,303
Florida.
153,830
272,587
250,698
Idaho...
296,850
8,508
27,500
Io w a ....
3,374
4
198
Indiana
121
196
K ansas. 2,552,530 1,270,424
696,049
191,496
607.433
107,611
Louis’a.
117,211
154.312
Mich’gn
120,619
321,731
466,419
M inn’ta
277,750
131,941
554,155
Miss’pi..
283,707
182,149
177,460
Miss’ri..
187,787
248,030
223,800
314,502
M ontan
1,630,687
2,130,192
1,250,192
Nebras..
3,355
2,850
4,133
Nevada.
150,367
188,475
170,580
N. Mex.
240
240
180
905,544 1,083,091
O klah’a.
508,449
527,886
O regon.
654,101
131,146
191,355
161,310
U tah ...
520,820
822,853
W ash ...
903,065
139,120
116,288
Wisoon.
87,407
242,147
220,101
Wyomg.
183,158

1830-91. , 1861-92.

1892-98.

1893-94.

Acres.
205,530
146,863
281,686
715,343
456.S30

Acres.
149,173
152,427
250.282
044,372
5C0.411

Acres.
254,011
62,554
290,948
393,977
279,105

330,071
499,868
470,758
098,277
126,711
158,318
339,261
251,731
4,865
3,159
81
3
44
516
401.284
875,651
131.867
103,147
104,102
110,959
452,978
288,848
.238,729
182,041
218,817
200,410
413.830
294,551
007,055
575,573
4,928
3,919
157,695
101,825
275
296,874 1,583,135
728,343
607,087
126.947
130,640
569,332
9i 9,056
177,642
146,935
149,227
162,827

514,848
810> 1
128 343
281 13 1
2,804
3
455
492,727
147,014
104,749
400,869
143,999
199,298
377,456
529,012
2,984
132,075

376,413
407,203
121,538
161,804
1,075
42

Acres.
333,602
1-9,127
300,717
797,55S
535,904

855,018
551,116
151,504
473.824
100.584
142,475

138,053
130,726
71,296
861.221103,523
206,253
221,104
256,964
733
95,629
36
3,770,496
306,359
107,378
322,740
104,933
111,514

Or. t o t . . 16,319.07« 12.401.604 10.621,05» 8.151.939 ' 9,328,903 8.224,6<7 8.063.625

The foregoing statement may be supplemented by
another showing the aggregate disposals under each of
the three leading heads— that is for cash, and under
the homestead and timber-culture law?. The timberculture entries we need hardly say have alncut entirely
disappeared, owing to the repeal of the law under which
such entries were allowed. In like manner the sales
for cash have been greatly reduced through the repeal
of the pre-emption law. It follows, therefore, that the
homestead entries constitute the bulk of the disposals
now, and these, as already stated, were very largely
increased in the late year by the opening to settlement
of th9 Cherokee Outlet.
P U B L IC LA ND S SALES.

Year end'g June 30.

1894.

1893.

1892.

I 1891.

1890.

1889.

Sales fo r c a s h .......
H om est’d entries.
T irab.-cnlture e n t.

Acres.
Acres.
Acres. \ Acre1.
Acres.
Acres.
012,448 1,404,857 1,571,420 2,142,539 3,302,571 3,881,305
8,040,968 6,808,791 7,716,002 5,040,394 5,531,078 0,029,230
4,209
10,989
41,375¡ 969,006 1,787,403 2,551.069

T o ta l................

8.663,025 8.224,637 9.328,863 8.151.939 10.621,652 12.461,604

It is proper to say that while the takings of public
lands now are very much less than a few years ago, yet
the aggregate can not by any means be regarded as
inconsiderable or of no account. The total for 1894 at
8,663,625 acres represents an area equal to that of
Connecticut and Massachusetts combined. The 3,770,496 acres for Oklahoma, taken by itself, embrace an area
nearly equal to that of Connecticut and Bhode Island.
In this latter instance these public land sales during the
last few year?, with the influx of population, have been
an important factor in the growth and development
of the Southwest, and no doubt account in good
part for the favorable trafile and income statements
now being made by many of the railroads in that
section.
A further fact of interest in connection wich these
land sales is the quantity of vacant land still remaining
in the public domain. Of course this can only be stated
with the roughest approximation, since there are no
definite data in a great many instances. Much of the
land has not even been surveyed yet. However, the
following is the statement as prepared by the Land
Office.

THE CHRONICLE.

1084

VACANT PUBLIC LANDS JUN E SO, 1894.

Surveyed land. U nsurveyed la n d .
State or T erritory—
Acres.
Acres.
A lab am a ...................
805,002*19
....................
A rizo n a..................... 10,492,469-00
45,214,755-00
4,632,278-00
................
A rk a n sa s_____ . . .
C alifo rn ia.................. 38,327,545-00
13,698,286-00
C olorado.................... 36,2 2 0 ,6 5 1 0 0
4,630,973-00
F lo rid a ......................
1,845,815*00
164 ,8 1 0 0 0
I d a h o ....................... i
7,841,060*00
39,132,419-00
•Io w a .......................................................
................ .
K a n s a s.......................
846,997-47
....................
997,405-00
65,016*00
L o u isian a.................
M ic h ig a n ..................
630,781-00
...................
M in n eso ta.................
2,595,208-16
3,028,270-00
836,417-00
....................
M ississippi................
M issouri.....................
89b,113-00
.
M o n ta n a................... 14,595,826-00
58,169,481-00
¡Nebraska................... 10,899,036-00
121,600-00
22,044,756*00
¡Nevada..........t ____ 30,869,879-00
¡New M exico............ 42,258,882-00
15,524,908-00
N o rth D a k o ta ......... 10,856,316-00
11,926,508-00
7,092,888-00
403,200-00
O klahom a.................
O reg o n ....................... 24,742,145-00
13,498,207-00
S o u th D ak o ta...........
9,152,666-00
5,380,208-00
9,360 094-18
32,196,160-71
U ta h ...........................
W ash in g to n.............
5 ,1 3 1 ,9 0 6 0 0
13,848,341-00
W isconsin.................
668,813 00
...................
W yom ing................... 41,967,995-00
12,428,177-00

Total area.
ACTfS.

805,002*19
55,707.224*00
4,632,278-00
52,025,831-00
40,851,624-00
2,010,625-00
46,973,479-00
846,997-47
1,062,421-00
6*0,781-00
5,623,478-16
836,417-00
896.113*00
72,765,307-00
11,020,636-00
52,914,635-00
57,783,790*00
22,782,824*00
7,496,088-00
38,240,352-00
14,532,«74-00
41,556,254-80
18,980,297-09
668,813-00
54,396,172-00

N am e o f B idder.

P r ic es A b ö ve 117-077.
Place.

A m o u n t.
L a d e n b u rg , T h a lm a n n & Co................................N e w Y o rk
.
$250,000
C o n tin e n ta l N a t. B a n k ........................... “
“
30.000
A m e ric a n U n io n L ife I n s . Co............... “
“
50.000
“
A m e ric a n E x c h a n g e N a t. B a n k .......... “
500.000
M e r c h a n ts L o a n & T r u s t C o.............. C hicago, 111.
300.000
S p e y e r & Co...............................................
N e w Y o rk .
500.000
F . B o s e n b u rg & C o ...........................B a ltim o re , M d.
30.000
F o u r te e n th S tr e e t B a n k ....................................... N e w Y o rk . 50.000
K u h n , L o eb & C o........................................ r
“
2,000,000
C. A . L o w ......................... ............................. Sfe
“
100.000

100.000
100.000
J o lie t N at. B a n k ............ ........................ Jo lie t, Ills.
5.000
Globe N at. B a n k ............................................B oston, Mass.250.000
L ouis B a n g e r........................................
N ew York.250.000
200.000
E m ig ra n t In d u stria l S avings B a n k .. “
“
Lee, H igginson & Co.....................................B oston, Mass.100.000
Jn o . S. A rm strong, P re s t.........W ilm ington, N. C.
25.000
S haw m ut N at. B a n k .....................................B oston, Mass.250.000
M athew s, B e an & Co............. P h ilad elp h ia, P enn.
50.000
A siel & Co.............................................................. N ew Y ork.
100.000
F irs t N at. Bank.-......................................... N ew ark, Ohio. 10.000
Society fo r S av in g s..................................Cleveland, Ohio.100.000
N at. U nion B a n k .................................... New York.
100.000
B a n k of M ansfield....................................M ansfield, Ohio. 5.000
H aw ley C. W h ite..................... N. B ennington, Vt.
5,500
E . A llen F ro s t.....................................Chicago, Ills.
100
B a n k of C alifornia..................San Francisco," Cal.
500.000
BOH? G ran d to ta l. ,..3 1 4 ,5 6 4 ,2 3 8 -0 0 291,476,075-71 606,040,313-71 P ro v id e n t L ife & T ru s t C o ... . .P h ilad elp h ia, Pa.
200.000
200.000
*No v a c a n t lands.
200.000
It will be seen that an exceedingly large quantity of
200.000
200.000
land still remains for disposal— over 606 million acres, A ndrew S tow e............................... T hom aston, Me.
5.000
5.000
E uclid Ave. N at. B a n k ...............Cleveland, Ohio.
which is not far from one* third of the area of the en­
5.000
500.000
elity In s. T ru s t & Safe Dep. Co__ P hila., P a.
tire country. ' How much of this may be fit for occu­ FG.idW.
S tocking............................W heeling, W. Va.
3.000
100.000
W.
B.
B
u
r
t..............................E
a
s
t
Sagiuaw
,
Mich.
pation and settlement we do not of course know. It is J . W. C rosby............................................. N ew York.
1.000
500
rt T. K elly......................................... Jo lie t, 111.
obvious, however, from its location that considerable BE.o bTehiele...................................................N
10.000
ew York.
25.000
at. B ank of C oatesville............C oatesville, P a.
portions of it must be mountainous and other portions FNirs
50.000
t N at. B a n k .......................S an F ran cisco , Cal.
100.000
arid. So far as the latter is the case the land can to a H e n ry L e ssu e r.................................. D ayton, Ohio.
1.000
50
great extent no doubt be rendered available by irriga­ Mrs. L. C. M oore....................................A tlan ta, Ga.
20.000
N. J o h a n n s e n .........*....................... B rooklyn, N. Y.
20.000
tion. We may add that the total at 606 million acres
20.000
is exclusive of Alaska and also exclusive of military K id d e r, P e a b o d y & C o .......................B o sto n , M ass.
500.000

and Indian reservations, and exclusive of reservoir site
and timber reservations and tracts covered by selec­
tions, filings, railroad grants and claims as yet unad­
judicated, a part of which may in the future revert
to the public domain.

BOND SUBSCRIPTIONS LARGER THAN
REPORTED.
It appears that the subscriptions to the recent issue
of Government bonds were much larger than originally
reported. At the time of the sale we sought to obtain
a complete official statement of the bids, but on account
of the labor involved in tabulating and arranging the
proposals in the Treasury Department we found it out
of the question to secure an authenticated list. We
were therefore obliged to accept the current reports,
and according to these the number of bids received
was 297and the aggregate amount bid for $154,370,900.
Through the kindness of Secretary Carlisle we have
now been furnished with a complete transcript of the
subscriptions, and find that actually 487 bids were re­
ceived and that the total amount of the subscriptions
reached $178,341,150. As a matter of record we print
the list in full below, arranged so as to show the bids
in five classes, graded according to price—the first class
comprising the bids above 117*077, the second the bid
at 117*077, the third the bids between 117*077 and
116*8898, the fourth the bid at 116*8898, and the fifth
the bids below 116*8898. We give first a summary or
recapitulation of the subscriptions and then the de­
tailed statement. By taking these facts in connection
with those given by us in the issue of the C h r o n i c l e
of December 1, our readers will have a very useful
record of this very important transaction.

LlX.

[V o l .

P rice.

117-115
117-212
117-437
117-094
117-450
117-113
117-19
117-25
117*08
117-09
117-130
117-212
117-10
117*11
117-11
117-11
117*125
117-125
117-125
117-16
117-17
117-17
117-18
117-2125
117-223
117*223
117,223
117-23
117-240
117*858
118-125
118-478
118-655
117-24
117-125
117-375
117-16
117-25
117*25
117-25
117-25
117-25
117-25
117-50
117-250
117-25
117-26
117-76
117-51
117-26
117-28

N a t. P a r k B a n k , N . Y ., f o r J . S.
25.000
A rm s tro n g , i t ............................W ilm in g to n , N . C.
N a t. P a r k B a n k , N . Y ., f o r J . S.
25.000
A rm s tro n g , P t ...........................W ilm in g to n , N . C.
N a t. P a r k B a n k , N . Y ., f o r J . S.
25.000
A rm s tro n g , P t ....................'___ W ilm in g to n , N . C.
10.000
F i r s t N a t. B a n k .......................P a r k e r s b u r g , W. V a.
400
C h a rle s B r a d e n .............................. W e s t P o in t, N . Y .
500
T h ird N a t. B a n k ....................................S c ra n to n , P a .
15.000
C o rtla n d S a v in g s B a n k ................... C o rtla n d , N . Y .
A . B o th b a r th ..............................................................N e w Y o rk . 1.000
1.000
H a r r y F in s o n .....................................S a n P a b lo , C al.
60.000
M u tu a l A s s u ra n c e C o ..................P h ila d e lp h ia , P a .
2,600
L e w is A . S c o tt.................................
“
“
D o lla r S a v in g s B a n k ...................................P it ts b u r g , P a . 300.000
25.000
F r a n k B . B e e r s . . . ; ..........................B ro o k ly n , N . Y .
250
J o h n H u b e r t ..................................................B a ltim o re , M d.
100
W. B . R o c h e s te r, J r ................... W a s h in g to n , D . C.
5.000
F r a n c is K e lly & C o.................................W ilm in g to n , D el.
1.000
B a r b a r a A . D u g a n ................................S c ra n to n , P a .
200
J a m e s J . H a n n a . ....................... L ib e r ty G ro v e , M d.
1,500
B a n k o f L e n o ir ........................................ L e n o ir, N . C.
200
C h a rle s C lin to n ................... S m ith v ille F la ts , N . Y .
' 350
M rs. E lle n B y a n ...............................B ro o k ly n , N . Y .
I n d ia n a N a t. B a n k ................................ I n d ia n a p o lis , In d . 210.000
60.000
B a n k o f B r itis h N o r th A m e ric a ...........N ew Y o rk .
S. A. F le tc h e r & C o ............................... I n d ia n a p o lis , In d . 140.000
50.000
O e lb e rm a n n , D o m m e ric k & C o ............. N e w Y o rk .

J . M. S orzano........................................... “
“
W isconsin N at. B a n k .................. M ilw aukee, Wis.
Cuy 1er, M organ & Co..............................New York.
B a n k of M o n treal........................-........ “
“

Lee, H igginson & Co........................ B oston, Mass.
S tein B ro th e rs.................................B altim ore, Md.
E u clid A venue N at. B a n k .......... C leveland, Ohio.

50.000
50.000
50.000
50.000
25.000
100.000
20.000
250.000
250.000
250.000
400.000
100.000
50.000
5.000

117-50
117*25
117-50
117-50
117-50
117-50
117-50
117-50
117-51
117-541
117*56
117-85
118-00
118-08
118-25
119*00
120-00

120*00

120*00

120-50
117*12
117-15
117-12
117-11
117-12
117*13
117-14
117-15
117-25
117*112
117-11
117-15
117-17
117-20
117-08
117-131
117-19
117-25

$10,935,250
Sy n dicate B id f o r A l l or N one —P r ic e 117-077.
N am e o f B idder.
Place.
A m o u n t.
Price.
D rexel, M organ & Co. and associates.N ew Y ork.$50,000,000 117-077
P r ic e s B e t w e e n 116-8898

and

117-077.

A m o u n t.
N a m e o f B id d e r .
Place.
$100,000
N e w Y o rk .
W a tje n , T o e l & C o................
500.000
S p e y e r & C o ....................................... . : —
“
“
100.000
A u g u s t P f le g e r.................................U n io n H ill, N . J .
5 0 .000
H u d s o n T r. & S av . I n s t i t u t i o n . . .H o b o k e n , N . J .
25.000
F a r m e r s ’ N a t. B a n k .......................... G re e n v ille , O.
A lic e B. W illin g ..................................... P h ila d e lp h ia , P a . 14.000
500
J . S. P a r k e ........................................ P la tts b u r g , N. Y .
C e n tr a l N a t. B a n k ................................................... N e w Y o rk . 6.000
1,500
J . E . H in d o n H y d e , e x r ............................ “
“
250
P a u l s . T o o k e r....................... ..................... “
“
10.000
F a r m e r s ’ & T r a d e r s ’ B a n k .................H ills b o r o , O.
50
SU BSC RIPTIO N S TO F IV E P E R CENT LOAN OF 1904—BIDS H e n r y H . T r u m a n ....................................................N ew Y o rk .
'
1,000
T e re s a A q u a d o ...........................................B rid g e p o rt, C onn.
O PEN ED SATURDAY, NOVEM BER 24, 1894,
5.000
C h r is tia n W. L y n c h .................................H a r r is b u r g , P a .
10.000
AT 12 O’CLOCK M.‘
H o c k in g V a lle y N a t. B a n k ............... L a n c a s te r , O.
1.000
F i r s t N a t . B a n k o f B u c h a n a n C o .S t. J o s e p h ,M o .
R e c a p it u l a t io n .
$10,935,250 J a m e s T a lc o tt........................................................... N e w Y o rk . 50.000
P ric es a b o v e .............. ............................ -. -117-077
10.000
W
illia
m
B
.
R
o
s
s
...............
.........................
“
50.000.
000
A t ................... ! ..............................................117-077
5,629,800 W isc o n sin N a t. B a n k ................................M ilw a u k e e , W is. 50.000
P ric es betw een 116-8898 a n d ................ 117-077
25.000
N e w Y o rk .
50.000. 000 S a lv a to re C a n to n i....................
A t ................................................................... 116-8898
100.000
“
61,776,100 S c h a fe r B r o s .................................................. “
P ric es below ......... .......................................116-8898
500.000
S p e y e r & C o ....................... . — .................. “
‘
100.000
“
$178,341,150 S h u lz & B u c k g a b e r .................................... “




117-375

Price.
117-061
117-055
117-01
117117117*
117117117117117*
117117117117117*
117*
117117117116-984
116-925
116-90

THE CHROJNICLE.

D ecember 22, 1894.]

A m ount.
Price.
$ 100,000 116-901
100,000 11650.000 117- 01
S te in B ro s ........»...................... ..........B a itim o re , M d.
5.000 116-90
H a llg a rte n & C o .......................................... N e w Y o rk .
5.000 116-95
30.000 116I n d ia n a N a t. B a n k .....................I n d ia n a p o lis , In d .
30.000 11730.000 117-06
20.000 116g. A. F le tc h e r & C o ...................
“
“
20,000 117- 01
20,000 117-06
555.000 117-01
H a llg a rte n & C o......... ............................... N e w Y o rk .
300.000 116-92
B an k o f M o n tr e a l...... ................................... “
“
5.000 116-95
K u m m e r & B e c k e r .......................... B a ltim o re , M d.
100.000 116Lee, H ig g in s o n &' C o ...................... B o s to n , M ass.
B ro w n B r o th e r s & C o ............................................N e w Y o rk . 25.000 117500 117J . T a u b e r ........................................... E a u C la ire , W is.
E. T h ie le ...................................................................... N e w Y o rk . 10.000 11715.000 117C o rtla n d S a v in g s B a n k ..................C o rtla n d , N . Y.
50.000 116A m e ric a n U n io n L ife In s . C o ................N e w Y o rk .
300.000 117M e rc h a n ts ’ L o a n & T r u s t C o .............C h ic ag o , 111.
20.000 1 1 7 0 1
F r a n k R o s e n b u rg & C o . . . . ........ .B a ltim o r e , M d.
K u h n , L o eb & C o......................................... N e w Y o rk . 2 , 000,000 116- 92
100.000 1 1 7 0 3
C.
A d o lp h e L o w ........................................ “
“
25.000 117Jn o . S. A rm s tro n g , P r e s ..........W ilm in g to n , N . C.
5.000 117E u c lid A v e n u e N a t. B a n k ............... C le v e la n d , O.
50.000 117M ech an ics’ S a v in g s B a n k ..........R o c h e s te r, N . Y.
N am e o f B id d er.

Place.

N a t. B a n t o f N o rth A m e ric a ________ N e w Y o rk

N am e o f B idder.
Place.
F arso n , L each & Co................................ New Y ork
89
Asiel & Co............................. ...... .............N éw York.
96
J o h n E . D e a n ........................................Chicago, 111.
01
D. B. F re e m a n ......S aginaw , E a s t Side, Mich.
C itizens’ B a n k ...............................
Salem , Ind.
96
S ailer & S tevenson.................... P h ilad elp h ia, P a.
A. L. D u yckinck.............................R ising Sun, Md.
A. W. C ritten d en ....................... W ashington, D. O.
S outh Bend N at. B a n k .............. S outh B end, In d .
G u ard ian T ru s t Co...................... C leveland, Ohio.
R hode Isla n d H osp. T ru s t Co. .P rovidence, R. I.
895
W. W. C raw fo rd ............................G oldsboro, N. C.
H arriso n P . L a ird ........................G reensburg, P a.
L. von H offm ann.....................................N ew York.

1035
A m o u n t.
$250,000
’ 250,000
100.000
100.000
100,000
10.000
6.000
4.000
100.000
3.000
2.000

Price,
116-55
116-77
116-14
116-20
116-26
116-05
116-50
116-05
116-5
100
100

10.000 116
100.000 116-05
200.000 116-10
5.000 100
2.000 115
125.000 116-565
125.000 116-576
A gency B ank of B ritish N. A m erica..
50.000 116-10
993
240.000 116-25
002
285.000 116-50
New Y ork S ecurity & T ru s t Co .
750.000 116-50
H a llg a rte n & Co.......... ...............
5.000 116-75
5.000 116*80
5.000 116-85
N. W. H a rris & Co................................
500.000 116*53
S hafer B ro s.............................................
100.000 116-542
L ehm an B ros................. .......................
100.000 116-50
Second N at. B a n k ............................B oston, Mass.
300.000 116-008
$5,629,800
S peyer & Co.................. ................... .. .N ew York.
500.000 116-585
C o ntinental N at. B a n k ......................Chicago, Ills.
500.000 116-50
S y n d i c a t e B i d f o r A l l o r A n y P a r t — P r i c e 116-8898.
100.000 116
N am e o f B id d er.
Place.
A m o u n t.
Price.
50.000 116-05
The
In
d
ia
n
a
T
ru
s
t
Co..............In
d
ian
ap
o
lis,
Ind.
1,000,000
116
D rexel, M organ & Co. an d asso ciates.N ew Y ork.$50,000,000 116-8898
B radford R hodes.....................................N ew York.
10.000 116-559
15.000
116-103
P r i c e s B e l o w 116-8898.
S ecurity T ru s t & Safe Dep. Co. W ilm ington, Del.
200.000 116-103
A m ount.
N am e o f B id d er.
Place.
Price.
F irs t N at. B a n k ...............................G rafto n , W. Va.
15.000 116-25
$10,000 116-108
G oldm an, Sachs & Co.............................N ew York.
150.000 116-126
W. E. H a z e ltin e ,............................... P re sco tt, Ariz.
6,000 116-60
200.000 116-251
H ayw ard H aw es................. ........R ochester, N. Y.
100,000 116-505
150.000 116-376
T he N assau B ank.
100 103100.000 116-10
W. H. L ew is................................. Som erville, Mass.
100,000 116-16
Joseph C. H o a g la n d ..........................................New York.100,000 116-05
40.000 116-75
100,000 116-26
“
Corn E x ch an g e B a n k ............................ “
200,000 116-65
100.000 116-36
M ount M orris B a n k ............................... “
“
E. T hiele.
500 104H arry H. L a n g ............................ P hiladelphia, P a.
10.000 116-375
50.000 116-104
In d u strial T ru s t Co....................P rovidence, R. I.
10.000 116-625
L. W. M orrison........................................ New York.
50.000 116-658
200.000 116-21
100,000 116-658
Third N at. B a n k ...................................... New Y ork,
A u g u st L ew is............................................. “
“
20.000 116-103
50.000 116-150
110.000 116-25
K n au th , N achod & K ü h n e...................... “
“
50.000 116-658
25.000 116N at. B ank of C oatesville.............C oatesville, P a.
Zilla S. D u rfe e .............. ................ W yom ing, N. Y.
100 100Charles L. G ab sd y ..............................Chicago, Ills.
200 11015.000 116-25
100 110People’s N at. B a n k ................M arlborough, Mass.
D aisy D urfee S w eetin g ................ " “
“
B a n k of M o n treal................................... N ew York.
25.000 116-10
300.000 116-77
Central N atio n al B a n k ................... Chillieothe, O.
3.000 116-008
P atrick W alsh............................. L ogansport, In d .
K idder, P eabody & Co................... B oston, Mass.
500.000 116-04
100,000 116-43
500.000 116-11
M. C. B o u v ier...................................... .. .N ew York.
6.000 116-5
500.000 116-18
H arrisb u rg N at. B a n k ................. H arrisb u rg , P a.
3.000 116500.000 116-33
25.000 116-10
500.000 116-44
M anufacturers’ N at. B a n k ...........B altim ore, Md.
500.000 116-68
1.000 100■F irst N at. B a n k ...................................... Quincy, 111.
500 106500.000 116-83
David B. A ltem u s...........................B rooklyn, N. Y.
1
,
000,000
100.000 116-05
L
adenburg,
T
halm
ann
&
Co................N
ew
York,
116F ourth N at. B a n k ................................................N ew York.
100.000 116-10
50.000 116-105
J. K ridel, Sons & Co.............................. “
“
100.000 116-15
10.000 116Lehigh V alley Tr. & SafeD ep. Co. .A llentow n, Pa.
100.000 116-20
100,000 116-70
F irst N at. B a n k ................................ C incinnati, O.
100.000
116-25
600 HOBruce M. P rid d y ...............................W ichita, K an.
100.000 116-30
25.000 116Norfolk N at. B a n k .................., ............N orfolk, Ya.
100.000
116-35
L. von H offm ann.................................................New York.175.000 116-551
100.000 116-40
125.000 1,16-555
100.000 116-45
125.000 116-561
100.000 116-50
125.000 116-563
250.000 116-85
800.000 116-167
American E x ch an g e N at. B ank.
100.000 100H e n ry S tep h en s................................. D etro it, Mich.
500.000 116-432
100,000 116-6
M arshall & H sley B a n k ...............M ilw aukee, Wis.
500.000 116-870
25.000 116-6
300.000 116-241
M erchants’ L o an & T ru st C o ............Chicago, 111.
100.000 116-285
Wood, H u estis & Co............................... N ew York,
300.000 116-552
100.000 116-818
Speyer & Co___£.......................................New York. 1, 000,000 116-266
100.000 116-5
A tlas N at. B a n k ............................... C incinnati, O.
1 , 000,000 116-406
25.000 116-103
N at. B ran ch B a n k o f....... .............. M adison, In d .
1 , 000,000 116-586
000 116-77
K u h n , Loeb & Co............................... .. .N ew Y ork. 2.000.
1, 000,000 116-766
20.000 116-53
F ra n k R osenburg & Co..................B altim ore, Md.
3.600 100Albert J . A p p leb y ............................ P ittsfield, Me.
30.000 116-77
1,000 102E. B. M cCullers............................ ,. .C layton, N. C.
50.000 116-75
F o u rte e n th S tre et B a n k .......................N ew York.
Lazard F re re s ................... ........................New York. 1, 000,000 116-525
150.000 116-753
Lee, H igginson & C o ..................... B oston, Mass.
500.000 116-40
250.000 116-225
500.000 116-30
250.000 116-625
.........
“
“
S haw m ut N at. B a n k . . . .
1,000 100A. P. C h urchill............................................. E rie, P a.
50.000 116-05
M athew s, B ean & Co............... P hiladelphia, P a.
3.600 116 2 5 .
Geo. M. W rig h t........................................ N ew Y ork.
10.000 116-875
E. T hiele.................................................... New York.
100.000 116-28
M erchants’ N at. B a n k .................... B oston, Mass.
5.000 116-55
K um m er & B e c k e r........................ B altim ore, Md.
350.000 116-28
5.000 116-35
50.000 116-103
10.000 116-26
35.000 116-105
Nat. C apital B a n k ..................... W ashington, D. C.
000 115-25
B row n, Shipley & Co. of L o n d o n ....... N ew Y ork. 1.000.
25.000 116-25
M anufacturers’ N at. B a n k ............... R acine, Wis.
500.000 116-16
B row n B ro th ers & C o ........................... New York.
75.000 116-77
Hoskier, Wood & Co................................New Y ork.
500,00© 116-16
150.000 116-69
100.000 116-111
W atjen, Toel & Co.
1, 000,000 116-113
Redmond, K e rr & Co................... .......... “
“
100.000 116-258
10.000 116-75
F irst N at. B a n k .....................................C larion, P a.
100.000 116-561
500.000 116-625
Arbuckle B ro s.................................... ...N e w Y o rk .
100.000 116-811
500.000 116-562
25.000 116-01
C en tral N at. B an k .
500.000 116-17,«»
610.000 116-559
50.000 116-106
Am erican U n ion L ife In s. Co.
500.000
116-008
50.000 116-551
New E n g la n d N at. B a n k ............................ B oston, Mass.200.000 116-559
100.000 116-103
C ontinental N at. B a n k ............
10.000
116-50
F a rm e rs’ & T rad ers’ B a n k ......... H illsboro, Ohio.
100,000 116-255
Ja m e s T alcotc......................................................New York.200.000 116-0081
50.000 116-525
150.000 116-559
30.000 116-103
5.000 116-375
G u iterm an B ro s...................
50.000 116-52
Stein B ro s..........................................B altim ore, Md.
100.000 116-123
N at. B ank of No. A m erica.
2,500 116-008
McKeen & Co..............................T erre H au te, Ind.
100.000 116-234
250.000 116-625
Goldman, Sachs & Co.............................N ew York.
100.000 116-345
100.000 116-750
100.000 116-456
75.000 116-835
George J . M agee............................... Corning, N. Y.
100.000 116-567
75.000 116-559
100.000 116-678
75.000 116-283
100.000 116-789
75.000 116-008
100.000 116-012
Suffolk S a v in g s B a n k f o r S e a m e n ,
15.000 116-125
“
a n d o th e r s ......................................................B o sto n , M ass.250.000 116-20 * S tate T ru s t C o.......................................... 2
Chas. J . U p h am ...................................... D orchèster, Mass. 200 116-5
C esare C o n ti....................................
N e w f o r k . 50.000 116-625
100,000 116-01
P h ila. T r. Safe D ep. & In s. C o.P hiladelphia, P a.
250.000 116-85
L ouis R a n g e r ............................................
““
P h én ix N at. B a n k ......................................
New York. 50.000 116-120
116-41
1, 000,000
M a n h a tta n T r u s t C o ............................
“
“
Jo sep h J . S k in n er.......................................... Boston, Mass. 5.000 116-125
100.000 116-20
H a m ilto n T r u s t C o .......................... B ro o k ly n , N. Y,.
200.000 116-55
Seligsberg & Co....................................- .N ew York.
10.000 116-30
G eorge F . E d m u n d s ......................... B u rlin g to n , V t.
G erm an N at. B a n k .................................C incinnati, O. i 200,000 116-11
1,200 112-56
C. A. M o tt........................................ P h ila d e lp h ia , P a .
50.000 116-125
S
eaboard
N
at.
B
a
n
k
...........................................
New
Y
ork.
116-50
20,000
K e esev ille N a t. B a n k . . . ____...K e e s e v ille , N . Y .
10.000 116Geo. F. E d m u n d s ........ ..................B u rlington, V t.
116-502
T he S ta te T r u s t C o .................................................N ew Y o rk250.000
.
125.000 116-50
Scholle B ro s.................................
New York.
L G. W h itn e y .......................................................B o sto n , M ass. 25,000 116185.000 116-209
sh o e & L e a th e r N at. B a n k ............ B oston, M ass.
116-625
N ew Y o rk L ife In s . C o ..........................................N e w Y o2,500,000
rk .
265.000 116-66
116-625
Thafnes N a t. B a n k .........................................N o rw ic h . C o 1
n n, 000,000
.
100 113-50
M ina R osella L ev in so n .........................N ew York.
F ir s t N a t. B a n k .............................
S p rin g fie ld , O. 100.000 116-10
50,000 116-75
116-560
Roche
&
C
o
u
lter..........'..................B
altim
ore,
Md.
500.000
C hase N a t. B a n k ....................................................... N e w Y o rk .
100.000 116-250
Ja m e s A. T ro w b rid g e :'........................ N ew Y ork.
250.000 116-125
F a rso n , L e a c h & C o ............... .................. “
“
100.000 116-312
250.000 116-39




]086

THE CHRONICLE.

[VOL. LIX,

Place.
A m o u n t.
RAILROAD N E T E A R N IN C 8 FOR OCTOBER.
$ 100,000 116-375
100,000 116-437
100,000 116-500
That the October statement of railway net earnings
100,000 116-5
M e rch a n ts’ B a n k of C anada.
100,000 116-75
would be an unfavorable one has long been accepted as
500.000 116-008
B ro o k ly n T ru s t C o.........................B rooklyn, N. Y.
matter of course. In the first place we are compar­
J u liu s A. K o h n ..................................................... New York. 20,000 116-103
450.000 1 1 6 0 4 0 2
I n te rn a tio n a l T ru s t Co............................... B oston, Mass.
ing with much better results last year than had been
60,000 116-25
F i r s t N at. B a n k of B o n d o u t.........R ondout, N. Y.
250.000 116-539
E . H . R ollins & S on.........................B o sto n , Mass.
the case in the months preceding. To be sure there
50.000 116-60
J a s p e r V an W orm er..........................A lbany, N. Y.
200.000 116-11
In d ep en d en ce N at. B a n k .........P h ilad elp h ia, Pa.
was a loss in the gross in that month of 1893, but
250.000 116-13
R . L. D ay & Co...................................B oston, Mass.
250.000 116-26
it was very much less than tho loss in either September
250.000 116-39
250.000 116-55
or
August, while in the net there was actually a small
116-1351
550.000
In te rn a tio n a l T ru s t Co...................
“
*1
300.000 116-55
A m erican E x ch an g e N at. B a n k ..____ New York.
increase.
In the second place the roads the present
105800
M rs. C. D. M en n ich.................... P h ilad elp h ia, P a.
5.000 116-42
H o g u e & D o n ald so n ...........Scio, H a rriso n Co.. O.
year
did
not
have that great favoring influence which
102-50
20.000
E . A. M o n ag h an.......................... L ock H av en , P a.
100.000 116-25
T ra d e rs’ N at. B a n k .......................... Lowell, M ass.
existed
last
year,
namely the World’s Fair, and which
116-125
100,000
1.000 105P e t e r A . B u tz ....................................... A lb u rtis , P a .
in
October
(the
closing
month of the Fair) attained its
200 116-5
F r e d k . B a n c r o f t..................................................B o sto n , M ass.
C h a rle s L e w is . 1................................................... .N e w Y o rk . 1,150
height as a factor in swelling the passenger revenues
30.000 116T 25
F i r s t N a t. B a n k ..............................W h ite w a te r, W is.
200 106*
of the roads. Then, also, on account of the poor crops,
J a m e s R . B la c k ................................N e w a rk , O.
50.000 116T 3
U n io n S a v in g s B a n k & T r u s t C o ..C in c in n a ti, O.
the roads have had to contend the present year with a
50
50.000 11510.000 116- 103
H e n r y W . B e r g ............... ^............................N ew Y o rk .
great falling off in the grain movement. Furthermore,
20,000 116-25
G ra h a m F . B la n d y ................................... “
“
1,000 116-50
J . H . T h o m p s o n .............................. F a rm in g to n , M e.
business revival has been of slower growth than had
50.000 116-75
F i r s t N a t. B a n k ....................... ... .G re e n fie ld , M ass.
10.000 1 1 6 1 0 3
L e h ig h V a lle y T r. & S a fe D e p . C o .. A lle n to w n , P a .
been expected.
100,000 116-025
M u lle r, S c h a lle & C o ...................................N ew Y o rk .
75.000 116-10
F i r s t N a t. B a n k ........................
P a te r s o n , N. J .
The effect of these various circumstances is seen in a
116-15
W h ite & H a r ts h o r n e ............................................... N e w Y o rk125.000
.
125.000 116-20
loss of $4,098,943, or 5*91 per cent, in the gross earnings,
2,000 116-103
F ir s t N at. B a n k ...................................... B a th , N. Y.
50.000 116-125
Ohio V alley N at. B a n k ..................... C incinnati, O.
and a loss of $3,126,828, or 11*71 per cent, in the net
P e r th Am boy S avings I n s t’n. .P e rth Am boy, N. J .
10.000 116-75
H id e & L e a th e r N at. B a n k .............. .. .New York.
50.000 116-0081 earnings.
This is not greatly unlike the result for
1,000 100 G ertrude^E. T red w ell...................S eab rig h t, N. J.
30.000 116-25
W h itak er & H o d g m an...................... St. Louis, Mo.
September,
when
there was a decrease or $3,747,864, or
Im p o rte rs’ & T rad ers’ N at. B a n k ....... New York. 2,000,000 116-0081
1,500,000 116-30
A u g u st B elm ont & Co............................ “
“
6
*26
per
cent,
in
the gross earnings and a decrease of
50.000 115- 51
T h ird N at. B a n k .................................C incinnati, O.
50.000 116T 3
,073,825, or 14*01 per cent, in the net. But in that
R ic h a r d s o n & C o ..................................................... N e w Y o rk . 50.000 116- 11
120.000 116-54
N a s s a u T r u s t C o ............................... B ro o k ly n , N . Y .
month the decrease followed a loss of $6,721,642 in
46.000 116-103
D o n a ld W . M c L e o d .................................... N e w Y o rk .
gross and a loss of $2,064,323 in net last year. For
116-75
B a n k o f B r itis h N . A m e ric a ................................N e w Y o rk200,000
.
E n o c h P r a t t ................................................... B a ltim o re , M d. 100,000 116-51
October, as already stated, comparison is with very
E m o ry F r e e d & C o................................P h ila d e lp h ia , P a . 10.000 116-38
200 116-25
S a m ’l B . L i p p m a n n ................................................. N ew Y o rk .
much better results in 1893.
The following gives the
F i r s t N a t. B a n k .............................................H a m ilto n , O hio. 50,000 116-55
J . W. D a v is & C o..................................................... N ew Y o rk100,000
.
116-008
totals for October and the ten months ending with
2,000 116-25
J o s . W . H o llin g s w o r th ............. F a y e tte v ille , N . C.
100,000 116-105
W . R . H o u g h ta lin g .....................................N ew Y ork.

"Name o f B id d er.
Place.
J a m e s A. T ro w b rid g e....................... . .N ew York.

E . P . B e r ry , C a s h ie r F a r m e r s ’
& M e c h a n ic s’ N a t. B a n k ..G e o rg e to w n , D . C.
E . P . B e r ry , C a s h ie r F a r m e r s ’
& M e c h a n ic s ’ N a t. B a n k ..G e o rg e to w n , D . C.
C h as. M u g e r.........................1.................... N e w Y o rk .
H . R . M a jo r............................
P h ila d e lp h ia , P a .

F irs t N at. B a n k ......................... P o rt Je rv is , N. Y.
P acific B a n k ...................................... ¿¿..N ew York.

October.

25,000 116-25
25.000

200,000

50.000
50.000

20.000

50.000
250.000
4.000
W. A. D a y ............................ ¿...W ash in g to n , D. C.
Seym our P . K u rz m a n ...................................... .N ew York. 1.000
1,000
H e n ry J . N ew m an.................................. “
“
5.000
H ilas E. R o b e rts.......................................... Chelsea, Vt.
50.000
M echanics’ S avings B a n k ..........R ochester, N. Y.
E . A. K e in e r ............................G loversville, N. Y.
1.000
A lex. J . M ay er..................................................... New York.100.000
12.000
M ax W. M ay er......................................... “
“
3,000
15.000
C has. M a y e r.. .*........................ .............. “
“
100,000
M ary lan d T ru st Co .........................B altim ore, Md.
650
S u san T. C ru it............................W ashington, D. C.
100,000
N at. E x ch an g e B a n k ................
B altim ore, Md.
P eo p le’s T ru s t Co..........................B rooklyn, N. Y.
150.000
H am b leto n & Co...................................... B altim ore, Md. 25.000
25.000
50.000
R. S. W illiam s....................................................... New York. 10.000
200.000
S o u th ern N at. B a n k ............................ “
“
10,000
B. A y m ar S an d s...............................
“
“
1
,
000,000
O ld Colony T ru st Co.........................B oston, Mass.
40.000
F ir s t N at. B a n k .......... ................P rovidence, R, I.
200,000
M erch an ts’ N at. B a n k..............M iddletow n, Ohio.
S eab o ard N at. B a n k ........................
.New York. 115.000
85.000
75.000
25.000
50.000
S ta te St. Safe D ep’t & T ru s t C o .. .B oston, Mass.
The F a rm e rs’ L oan & T ru st Co.......... New York. 3,000,000
50.000
A. R. P ick & Co................................... .
“
“
50.000
25.000
N ew Y ork S ecu rity & T ru s t C o...........New York.
200.000
S ta te N at. B a n k ................................. C leveland, O.
5,000
P eople’s T ru s t C o........................ F arm in g to n , Me.
C orn E x ch an g e B a n k ......................................... New York.500.000
100.000
F irs t N at. B an k ......................... ....C in c in n a ti, O.
10.000
H . I. D ittm a n .................................... ...... New York.
250.000
G erm an A m erican B a n k ................; . . . gw
**
1,200
M aria L. C rosley............................ B rooklyn, N. Y.
100.000
W est. Savings F u n d Society of P hiladelphia, P a.
Sam ’l B. L ip p m a n .............................................. New York.
200
B eneficial S aving F u n d S ociety of P h ilad el­
p h ia. P a ......................................................................
H . A. V au g h an .................................... D eca tu r, Ala.
Bolognesi, H artfleld & Co................................. New York.
N ew E n g la n d T ru s t C o................... B oston, Mass.
P eo p le’s T ru s t C o....................... F arm in g to n , Me.
F irs t N at. B a n k o f.....................W estm inster, Md.
A n to n io M inalos.............. ....................... New Y ork.
N at. M ecbanics’ B a n k ................... B altim ore, Md.
J . D. P ro b s t & C o.....................................N ew Y ork.
A aro n L lo y d............................... - • -B elleville, N. J .




$61,776,100

116-50
116-31
116-50
116-20
116
116T 2
l ’ 6-56
116-66
110

104
116-008
116116-51
116-50
116-38
116-5
116-69
116T 03
116-16
116-375
116-26
116T 7
'• 16-12
116-75
116-60
116-75
116-43
116-5
116T 05
116-25
116-375
116-50
116-625
116-25
116T 03
116-125
116-25
116-25
11605
116-125
116-26
116-114
116-625
116-27
105116-20
11610
116-05

January 1 to October 31.
(136 roads.)

October.
(143 roads.)
1894.

1893.

Decrease.

1894.

1893.

Decrease.

$
$
Gross earn’s 63,272.797 69,371,740
Oper. e x p ... 41,694,167 42,660,282

$
Ï
$
$
4,098,943 504,815,706 582,399,295 77,683,589
972,115 355,937,264 403,309,921 47,432,057

N et earn’s 23,578,630 23,705,458

3,120,828 148,878,442 179,029,374 30,150,932

To show the October figures for preceding years, we
present the following in our usual form. It will be
observed that the loss in gross in 1893 had been 3^
million dollars, or only about one-half the loss recorded
in the September statement of that year. In the net
there had been a gain of about a third of a million
dollars, following, however, a loss in 1892.
Year and
number
o f roads.

N et Earnings.

Gross Earnings.
Year
Given.

Year
Increase or
Preceding. Decrease.

October.
$
2
»
1889 (HO) 59,308,353 54,218,292 +6,090,061
1890 (117) 60,106,960 58,271,817 +1,835,143
1891 (146) 73,055,319 67,209,072 +5,846,277
-82,656
1892 (129) 73,399,037 73,481,693
1893 (130, 64,022,923 67,396,829 —3,373,900
1894 (143) 65,272,797 69,371,740 -4,098,943
J a n .1 to
Od .31.
1889 (102) 467,438,045 438,095,614 +29,342,431
1890 (HO) 484,035,958 447,988,748 +36,047,210
1891 (132) 571,901,853 549,636,499 +22,205,854
1892 (124) 621,619,724 590,709,987 +30,809,737
1893 ( 120) 562,341,989 573,156,208 —10,814,219
1894 (136 504,815,7 06 582,399,295 —77,683.? 89

Year
Given.

Increase or
Year
Preceding. Decrease.

*
24,875,941
22,9211*1
27,934,452
27,042,890
25,329,948
23,578,630

$
$
21,092,263 +3,783,678
—315,810
23,242,991
25,212,102 +2,722,350
28,250,508 —607,618
+831,313
24,998,635
26,705,458 —3,126,828

160,450,978
160,302,826
185,228,329
198,142,012
178.164,420
148,878,442

138,604,630
154,133,613
173,952,840
193,806,520
185,075,748
179,029,874

+21,846,348
+6,169,213
+11,275,489
+4,335,492
-6,911,328
-30.150,932

Of course, with the general result unfavorable we
have some very heavy losses by the individual roads.
These are nearly all lines which had extraordinary
passenger revenues last year by reason of the
Fair, and which the present year have lost this extra
passenger business, or lines which have sustained a
heavy falling off in their grain traffic, or (and this is
true in a great many instances) roads which have suf­
fered in b ith these ways; there are also a few roads
which have lost heavily because of the unfavorable

D ecem ber

22, 1S94.]

THE CHRONICLE.

condition of the anthracite coal trade. In the gross
the St. Paul reports a decrease for the month of almost
a million dollars—$931,784—the Illinois Central a de­
crease of $826,529, the Burlington & Quincy a decrease
of $759,547, the Beading, with the Coal & Iron Co., a
decrease of $564,173, the Erie a decrease of $365,900,
the Chicago & Grand Trunk $358,313, the Grand
Trunk $229,693, the Wabash $228,895, the Atchison
(aggregated system) $227,959, the Central of New
Jersey $205,194, &c., &c. In the net the Union
Pacific has lost $219,912, the Atchison $217,408, the
Erie $203,981, the Central of New Jersey $189,113,
the Chicago & Grand Trunk $188,440, the St. Paul
$653,386, the Illinois Central $614,212, the Beading
$535,359, the Quincy $249,999, &c.
Of course not all returns are of this character. A
few of the roads have done quite well, though none of
the gains in point of magnitude come anywhere near
the large losses. The roads distinguished for improved
returns comprise chiefly Southern and Southwestern
lines, which have been helped by the large cotton
movement. In the gross the Louisville & Nashville
has a gain of $215,644, the Southern Bail way a gain
of $131,757, the St. Louis Southwestern a gain of $91,727, and various other roads have smaller amounts of
gain. In the net the Southern Bail way has $107,533
increase, the St. Louis Scuthwestern $91,000 increase,
the Pennsylvania $88,579, the Union Pacific Denver &
Gulf $66,705, the Canadian Pacific $63,822, the Louis­
ville & Nashville $54,348, the Fort Worth & Denver
City $38,912, the Pittsburg & Western $38,906 and
the Mexican National $38,615. The following is a full
list of both the large gains and the large losses.
PRINCIPAL. CHANGES IN G R O S S EARNINGS IN O C T O B E R .

Louisville & N ash v ille. $215,644
S outhern R a ilw a y .......
131, ?57
St.‘ Louis S o u th w est ...
91,727
P en n sy lv an ia! (3 r ’d s).
78,827
D enver & Rio G ra n d e ..
5°,329
M exican N a t i o n a l ......
57,296
M exican C e n tr a l ...........
47,753
Sav. Fla. & W estern . . .
41,305
F t. W orth & Den. C ity.
40,568
C hesapeake & Ohio . . .
39,460
P itts. & West. (3 roads)
39,050
F t. W orth & Rio G r . . .
36,595
Norfolk & W e ste rn .......
36,193
Clev. Cin. Chic. & St. L .
33,740
A llegheny V alley...........
32,958
W aco & N o rth w estern .
32,058
N ashv. C hatt. & St. L ...
31,310
T o tal (rep resen tin g
21 ro a d s)................ $1,044,570

D e c re a s e s .

Chic Mil. & St. P a u l___
Illinois C e n tra l. ____
Ohio. B url. & Q u in cy ...
Phil. & R ead, a n d C. & I .
N. Y. L. E. <te W estern ..
Chic. & G ran d T ru n k ...
G ran d T ru n k ..................
W a b a s h .............. ................

Atch. T. & S. F . (4 r ’ds).
C e n tral of New Je rs e y .
B alt. & Ohio (2 ro a d s)..
U nion Pacific (8 ro ad s).
Burl. C. R. & N o rth ern .
Louisv. N. Alb. & Ohio.
Io w a C e n tra l..................
Chic. B url. & N o rth e rn .
O regon Im p . C o............
St. P au l & D u lu th .........

$931,784
826,529
75° ,547
564,173
365,900
358,313
229,693
228,895
227.959
205,194
157,311
138,528
114,089
59,893
42,439
37,713
34,537
33,224

T otal (rep resen tin g
30 ro a d s)....... ........$5,315,721

t The gross on E a s te rn lin es in crease d $359,723 an d on W estern
lines d ecreased $280,896.
PRINCIPAL CHANGES IN N E T EARNINGS IN O C T O B E R .
¥*1 O PPil B A S .

U nion P acific (8 ro a d s). $219,912
A tch. T. & S. F. (4 r ’ds)
217,408
N. Y. L. E. & W estern ..
203,981
C en tral of New J e rs e y .
189,113
Chic. <fe G ran d T ru n k ._.
188,440
S outhern P acific (6 r ’ds)
173,883
B url. C. R. & N o rth e rn .
135,045
B alt. & Ohio (2 r o a d s )..
128,526
G ran d T ru n k ..................
94,849
N orfolk & W estern .......
90,015
W a b a sh ............................
64,271
T otal (rep resen tin g
31,777
13 ro a d s)......... .
$588,420 K an. C. F t. S. & M em ..
L ouisv. E v an s. & St. L .
31,574
30,220
Chic. Mil. & St. P a u l ... * $653,386 Iow a C e n t r a l ...,...........
Illinois C e n tra l..............
614,212
T o ta l (rep resen tin g
Phil. & R ead .an d G. & I .
535,359
35 r o a d s ) .....___ $3,851,970
Chic. B url. & Q u in cy ...
249,999

S outhern R a ilw a y ........ $107,533
St. Louis S o u th w e s t....
91,< 00
P en n sy lv a n ia ! (3 r ’ds).
88,579
Union Pao. D. & G u lf..
66,705
C anadian P acific. ____
63,822
Louisville & N ash v ille ..
54,348
Ft. W orth & Den. C ity.
38,912
P itts. & West. (3 roads).-——38,906
38,615
M exican N a tio n a l....... .

+ T he n e t in creased $353,641 on E a s te rn lin es a n d decreased $265,062 on W estern lines.

108T

Middle Western group $626,677 decrease, or 29*05 per
cen t; the anthracite coal group $741,191, or 34*17 per
cen t; the trunk line group $533,131, or 8*03 per cent,
and the Pacific roads $277,486, or 6*16 per cent. In
the trunk line group the Pennsylvania Eastern lines,
the Baltimore & Ohio Southwestern and the B ig
Four have quite good returns, while heavy losses
come from the Erie, the Grand Trunk roads, the
Pennsylvania Western lines and the Baltimore & Ohio;
the Wabash also has a loss. In the anthracite coal
group the New York Ontario & Western is an excep­
tion to the rule and has a small increase. The Susque­
hanna & Western appears to have stopped making re­
turns and is not therefore included. The large loss in
the Middle Western group follows from the very heavy
decrease on the Illinois Central. In the Southwestern
group the Atchison and the Kansas City Fort Scott &
Memphis stand alone among the more prominent roads
in showing decreases; the loss in those instances is
presumably due to the smaller grain movement.
Se c t io n o r
Gr o u p .

Gross Earnings.
1894.

1893.

October.
$
1
Trunk line»..(13i 18,813,039 20.041,301
A nthra. coal( 6 ) 6,161,973 6,962,481
East. A Mid. (14) 2,086,737 2,022,645
Mid. W est’n.(27) 4,648,602 5,479,625
N orthw est’n ( 9) 7,316,564 9,225,176
8outhw est’n.(18
6,838,378 6,799,582
Pacific Coast (20) 10,349,720 10,499,428
S o u th e rn .... (33) 7.699,551 7,102,017
M exican.......( 3) 1,358,233 1,239,485
Tot.. (143 r’ds) 65,272,797
January 1 to
October 31.
Trunk lines..(12> 154,015,078
A nthra. coal ( 6) 49,204,178
E ast. A Mid. (14 18,377,439
Mid. W est’n.(26) 37,648,209
N orthw est’n ( 9) 59,397,873
South w est’m 15) 45,177,524
Pacific Coast (20) 79,217,577
S o u th e rn .... (31) 49,564,607
M exican...... ( 3) 12,213,221

N et Earnings.
1894.

1893.

1

ft

6,102,042
1,428,1)5
741,835
1,530,685
3,314,071
2,746,648
4,231,162
2,872,747
611,325

Inc. or Dec.

$
-533,131
6,635,173
2,169,306
—741,191
702,988
+38,847
2,157,362
—626,677
4,398,641 —1,084,570
2,771,050
—24,402
4,508,648 —277,486
2,796,807
+75,940
565,483
+45,842

P. C
8-03
34 17
5-53
29 05
24-66
0 88

616
2 72
817

69,371,740 23,578,630 26,705,458 -3,126,828 11-71

191,777,082
56,323,858
20,806,604
44,340,834
71,049,691
54,524,092
89,741,790
52,062,150
11,772,596
T o t..(136 r’ds) 504,815.706 582.399.295
N o t e .—INCLUDED UNDER

43,2f8,9J6
11,424,93?
6,039,257
) 0,431,944
21,153,243
11,128,617
24,823,797
16,004,764
4,502,932

52,045,071
14,299,803
6,582,530
13,302,591
23,8* 1,402
17,230,413
31,085,134
16,449/13
4,172,817

-8,746,115
—2,874,871
- 543,273
—2,870,647
-2,708,159
-6,031,796
—6,261,337
—444,849
+330,115

16-80
2010

8-26
21-58
11-35
35 01
2014
2-70
7 91

148.878.442 179.029.374 —30.150.932 16 84

the head

o f—

Trunk Lines.
Louisv. N. A. & Chic.
B. A O., E a st o f Ohio.
M anistique.
B. A O., W est o f Ohio.
Ohio Southern.*
B. & O. Southw estern.*
Peoria Dec. A E vansv.
Clev. Cin. Chic. & St. L. Pitts. Mar. A Chic.
P eoria & E a ste rn .
P ittsb u rg A W estern.
G rand T r u n k o f Canada. Sag. Tus. & H u r.
Chic. & Gd. Trunk.
Sag Valley A St. Louis.
D etroit G r.H av. & Mil. St. L. A lt .& T . H .
N. Y. Lake Erie & W est’n. Tol. A. A. A N. M.
Pennsylv, E a st o f P. & E. Toledo A Ohio Central.
W est o f P itts. & E rie.! Tol. P e o ria A W.
P itts. Youngs. & Ash.
Northwestern.
W abash.
B url. Cedar Rap. A Nor.
Anthracite Goal.
Chic. B url. A N orth.
C entral of New Jersev. Chic. B url. A Quincy.
N. Y. O ntario & W est.
Chic. Mil. A St. Paul.
Phi la. & Reading.
Iow a C entral
Coal & Iron.
Keokuk & W estern.
Sum m it Branch.
Minn. A St. Louis.
Lykens Valley.
Quincy Omaha A K. C.
Eastern and Middle.
St. P a u l & D uluth.
A dirondack.
Southwestern.
Allegheny Valley.
A rkansas Midland.
B ath & H am m ondsport. A tch. Top. A Santa Fe.*
B rooklyn E levated.
St. Louis & San Fran.*
Buff. Roch. A P itts.
A tlant ic A Pacific.*
Camden A A tlantic.
Colorado Midland.*
C um berland Valley.
A ustin A N orthw est.
N orthern Central.
C rystal.
S taten Island R. T.
D enver A Rio Gr.
8to n y Clove & C. Mt.
F t. W orth A Den. City.
U lster A Delaw are.
Ft. W o rth A Rio Gr.*
W est Jersey & B ranches. H ouston E. A XV. Texas.
W estern Md.
Kan. C. F t. S. A Mem.
W estern N. Y. A P enn.
Dio G rande Southern.
Middle Western.
Sc. Louis Southw estern.*
Chic. & W est Mich.
San A nt. A A. P ass.
Cin. Jack. & Mack.
Silverton.*
Cin. P o rts. A V irginia.
Tex. Sab.Val.& N .W est.
Cleveland A kron A Col. Waco & No’w estern.
Det. Lans. & Nor.
l'aciflc Coast.
Elgin Jo lie t & E astern .
Canadian P ac ific ..
Flint & Pere Marq.
N evada C entral.
G rand R apids & Ind.
Oregon Im provem ent Co
Illinois C entral.
Rio G rande W estern.
Indian. Dec. A W.
8an. Fran. & N orth. Pac.
Iro n Railway.
So. Pacific.—
K anaw ha A M ichigan.
Gal. H ar. & S. A.
Lake Erie A ll. A So.
Louis. W estern.
Lake Erie A W estern.
M organ’s La. A T
Louisv. Evansv, A St. L.
N. Y. T ex . A Mex.

South. Pacific—(.Con.)
Texas & New O rleans.
Pacific System.
Union P a c ific U nion Pacific Railway.
Ore. Sh. L. A U tah N< r .
St. Joseph &Gr. Island.
K an. City A Omaha.
C entral B ranch.
A tchison Col. A Pac.
A tch. Jew . Co. & W est.
M ontana Union.
Man. Al. A B.
Un. Pac. Denv. & G ulf.
Southern Roads.
A labam a Midland.
A tla n ta & W t. P o in t.
Bir. A A tlantic.
B runswick A W estern.*
Carolina Midland.
Char. Cin. & Chic.
Char. A Sav.
Cheraw A D arlington.
Chesapeake A Ohio.
Ches. Ohio & S outhw est.
Cin. A K en. Southern.
G adsden & A tta la Un.
Georgia.
Ga. Southern & Fla.
G ulf A Chicago.
J ack. Tam pa A K. W.
Kan. City Mem. & Bir.
Louisville & N ashville.
Leusv. St. L, A Tex.
Macon A B irm ingham .
Nash. Chat. A St. L ouis,
New O rleans A So.
N orfolk A S outhern.
N orfolk A W estern.
Ohio R iver.
Petersburg.
Rich. Fred. A P o t.
Rich. A P etersb u rg .
Sav. Am. A Mont.
Sav. F la. & W e s te rn .
Southern Railway*
W estern of A lab am a.
W est V a. C, & P.
■ Mexican Roads.
M exican Central.
M exican In te rn a tio n a l
M exican N ational.

When arranged in groups, the characteristics are
much the same. There are three groups which show
or m onth only.
small gains in both gross and net, namely the Mexican, *t FWe
include th e se W estern lines in our tab le by ta king an estim ate fo r 1893
the Southern and the Eastern and Middle, while the on which to base th e increase or decrease reported fo r th is year.
Southwestern group has a small increase in gross with
COTTON GOODS A T AUCTION.
a small dc crease in net. The other groups all have losses,
The most extensive sale of staple cotton goods at auction
the most of them for quite large amounts. Confining ever catalogued in this country was brought to a successful
ourselves to a comparison of the net, the Northwestern conclusion in this city on Wednesday, December 19. In 1888 ,
group has $1>084,570 decrease, or 24*66 per c e n t; the we think, there was a larger sale, Messrs. Smith, Hogg &




THE CHRONICLE,

1088

Gardner offering through the auction room a list of about
25,000 packages, but the sales aggregated over 30,000 pack­
ages. The present sale was conducted under the auspices
of Messrs. Bliss, Fabyan & Co., and included 27,014,packages
as follows: Brown sheetings (4,451), denims (4,077), wide
bleached sheetings (3,338), wide brown sheetings (2,507), etc.
The attendance of buyers was very formidable, comprising
representatives of over two hundred and fifty firms or cor­
porations from all sections of the country, and competition
was as a rule brisk. The prices realized were in some
instances below expectations, but in general the results were
satisfactory, and so far as they had any bearing upon the
future were considered quite encouraging. The"lines of goods
mostly in demand brought within 5 to 7)^ per cent of the regu­
lar selling prices, and in other descriptions the reduction
ranged from 10 to 15 per cent. For the purpose of showing
the relation the prices realized at this sale bear to the regular
market quotations, and to the prices obtained in November,
1893, we have prepared the following, which includes a few of
the lines offered.
A u ctio n
Agents'
Dec 19,
N et
1894.
Prices.
M iddling upland cotton ...
.................... SH
............
Brown sheetings—Pepperell R. 36 i n ........... 4$1® 4%
5J4
W ide bleached sh eetin g s—Pepperell 10-4.. .15 ®15% 16 11-10@17
W ide brow n sheetings—Pepperell 10-4........13%® 1SH
16@16$$
T ickings—Cordis A C E ................... . ............ S%® 9
10%
D enim s—Columbia 9 oz>.................................. 9 ® 9%
10J4
A m erican b a g s ................................................... 10%®10%
11
Otis checks....., .................................................. 5H® 6
6%

A uction
Nov. 22,
1893.
8

mon, Chicago & Northwestern, common, Chicago Rock Island
& Pacific. Delaware Lackawanna & Western, .Distilling &
Cattle Feeding, General Electric, Lake Shore & Michigan
Southern, Louisville & Nashville, Manhattan, Missouri
Pacific, New York Central, New Y. L. E. & West., North.
Pac. pref., National Lead common, Phila. & Read.. Un,,
Pac.? U. S. Cordage common and preferred and Western
Union.

IMPORTS AND EXPO RTS FOR NOVEMBER
The Bureau of Statistics has issued a detailed statement of
the foreign commerce of the country for the month of Novem­
ber, 1894 and 1898, and for the eleven months ending Novem­
ber 30 in 1894 and 1898, as follows :
M ER C H A N D ISE.

OH®

STOCK EXCHANGE CLEARING HOUSE TRANSACTIONS.

,— S h a res, both s id es.—> -------- B a la n c e s , o n e s id e,------- P a rlie s
Glearedr. T o ta l V a lu e, S h a r e s . V a lu e S h a re s. G ash. O lear’n g
$
$
M o n th —
$
3,000,000 210,700,000 3,300,500
6.839
Jan ., 1893. 28,544,500 2,064,709,000
2,587,900 172,701,000 3,529,000
6,151
Feb.. 1893. 25,108,900 1744 400,000
2,703,800
167 900,000 3,784,100
7,080
M ar., 1893. 24,591,100 1,690,000,000
2.311.300 153.300,000 2,331,000
6,005
A pr., 1893 . 20,802,500 1,421,300,000
2.869.500 161,110,000 4,870,100
7,200
May, 1893 . 28,209,500 1,738,900,000
1,682,000
90,200,000 1,789,800
6,395
June,1893. 17,190,700 1,016,900,000
1.796.300
88,100,000 2,752,500
6,015
Ju ly , 1893. 19,685,700 1,100,000,000
1.470,200
73,900,000 2,329,200
6,882
Aug., 1893. 17.569,400 961,300,000
1,380,600
72,100,000 1,988,600
5,958
Bept., 1893. 16,020.300 936.400,000
1.783.500
96,500,000 2,043,600
6,683
Oat., 1893. 19,604,700 1,172,400,000
1,648.100
99,558,000 2,246,100
6,304
N0Y„ 1893. 19.894,100 1,332,839,400
11 m o s... 237,221,400 15,179,148.400 23,233,200 1,386,069,000 30,934,500 71,514
1,354,000
69.100.000 2.041.000
Jan ., 1894.
56.200.000 1.396.900
1,035,400
Feb., 1894.
1.452.100
81.800.000 1,928,700
Mar.. 1894.
77.200.000 1.418.90.0
1.384.300
Apr., 1894.
1.551.100
91.700.000 1,938,500
May, 1894.
65.300.000 1.484.000
1,147,800
June.1894.
57.070.000 1.328.5'JO
938,500
Ju ly , 1894.
96.900.000 2.161.900
1.580.300
A ug.,1894.
71.800.000 1.627.000
1.235,200
Bept, 1894.
1,049,500
63.500.000 1.723.000
Oct., 1894.
72.100.000 1.709.900
1.095.300
Ñov., 1894.
J l m o s . .171,342.30011,022,341.000 13.823,500 802,670,000 18,758,300 69'664
.— S h a res, both sid es.—> ---------- B a la n ce s, o ne side-------- P a rtie s
S h a res. V a lu e S h a res. Gash. O lcar’n g
C leared. Total V a lu e.
$

$79,053,198
1,075,627

11 m os. end. Nov .30.

T o ta l........................................... $80,128,825
Im p o rts—F ree of d u ty _______ $23,933,746
D u tia b le ..................... 26,621,188
T o ta l......................................... $50,554,934

$723,694,803
16,525,482
$740,220,285
$348,913,074
261,302,425
$610,215,499

E xcess of e x p o rts................................
$29,573,891
1893.—E x p o rts—D om estic...............
$90,144,106
F o re ig n .......................
1,505,899

$130,004,786
$762,944,437
19,348,072

T o ta l........................................ $91,649,996
Im p o rts—F ree of d u ty .............$29,064,402
D u tiab le...................... 19,603,888

$782,292,509
$378,197,399
338,923,079

0%

S tock E xchange C lea rin g -H ouse T ransactions . — The
subjoined statement includes the transactions of the Stock
Exchange Clearing-House from Dec. 10 down to and includ ing Friday, Dec. 21; also the aggregates for January to No­
vember inclusive, 1894 and 1893.

N ovem ber.

1894.—E x p o rts—D om estic__
F o reig n __ 4

17j4@17!^
15H@15Ji
1014
10%
12H@12%

It will be observed that we have included in the above com­
pilation the quotations for the raw material on the dates
named, for otherwise the table would be incomplete. In fact
it is the low figure at which cotton is now ruling that imparts
to this sale its satisfactory character. The prices obtained for
the few varieties of goods given in the foregoing show reduc­
tions compared with November, 1893, ranging from 10 per
cent on brown sheetings to 13 per cent on wide sheetings and
20 per cent on bags, but in the like interval the raw material
has dropped from 8 cents to 8M cents, or a loss of 28 percent.
Of course it is well understood that the lower figure for the
raw material does not represent the cost to the mills of the
Stock of cotton which entered into the manufacture of the
goods offered at this sale, but at the same time with cotton
ruling so low present prices would seem to be fairly remuner­
ative.

(.VOL. L1X,

T o ta l.......................................$18,668,290
E xcess of e x p o rts .............. ................ . $12,981,703

$717,120,478
$65,172,031

GOLD.

1894.—E x p o rts .........................................
Im p o rts ......................... ..............

$419,999
1,919,600

$92,0 0 9 ,3 2 t
20,213,610

71,795,711
E^cesS of e x p o r ts ..... ......... ..................................... ..
E xcess of i m p o r t s ...................................
1,499,601
1893.—E x p o rts.......................
$331,743
$77,121,275
Im p o rts ................................
4,471,575 72,016,144
E x cess of e x p o rts ...........................................................
E xcess of im p o rts......................
$4,139,832

$5,105,131

GOLD IN ORE.

1894.—E x p o r t s ....... .................................
Im p o rts ..........................................

...................
61,012

a $225,660

E x cess of im p o rts .....................................
1893.—E x p o rts . . . . . . . . ........
I m p o r t s ............... .........

$61,012
$3,696
27,681

$476,855
$203,079
469,714

.....................

.$23,985

$266,635

E x cess of im p o rts

702,515

SILVER.

1894.—E x p o rts ....
I m p o r ts . . .

.....................
....... .

$3,601,589
670.558

$43,348,728
8,979,908

E x cess of ex p o rts
1893.—E x p o rts __
Im p o rts__

.....................
.....................
.....................

$2,931,031
$4,165,652
918,462

$34,368,822
$41,043,039
17,342,785

E x cess of e x p o rts.

.....................

$3,247,190

$23,700,254

. SILVER IN ORE.

1894.—E x p o rts ...,
Im p o rts __

..................

107,099

$6,293,736

E xcess of im ports,
1893.—E x p o rts ...,
Im p o rts __

..................
................
..................

$107,099
$3,006
567,392

$6,293,736
$61,464
8,733,865

E x cess of im ports,

..................

$561,386

$8,672,401

(b)

IMMIGRATION.

1 8 9 4 .- Male ...
Fem ale,

..... .....

T o ta l....... ..

...........

.................

1893.—M a le .......................
F e m a le ...........................................
T o ta l......... ......................................
a.

Gold an d silver.

b.

N u m b e r.
8,011

7,185

N u m b er.

132,546
101,345

15,196

233,891

N u m b er.

N um ber.

10,626
9,115

19,741

In clu d ed in gold ore.

300,884
185,392

486,276
: fiA E S i o f c

IMPORTS AND EXPORTS OF GOLD AND
SILVER A T S A N FRANCISCO.

The returns of imports and exports of gold and silver
through the port of San Francisco for the month of November
have reached us this week through the courtesy of the Col­
lector of Customs at that port. The volume of imports both
of gold and silver was much less than in October, the amount
l o t . wfc .5,156,600 355,300,000 356,600 23,500,000 565,100 1,575 of gold received reaching only $70,550, of which $8,269 was
W k lasty r3 ,5 1 0 ,5 0 0 !2 04,100,000 295,300 15,900,000 308,700 1,473 in coin; and of silver there came in $159,538, of which
314 $122,731 was bullion.
62,100 3,900,000 149,300
D ec. 17. .1,051,600 76,900,000
There has been received during the
284
39,400 2,500,000 42,500
“ 18. . 525,200 36,700,000
2,500,000
36,700
4^,000
281
42,300,000
eleven months a total of $1,267,053 gold and $2,092,967 silver,
« 19. . 590,000
51,200 3,300,000 103,900 . 284
1 20. . 663,400 46,800,000
283 which compares with $2,085,706 gold and $1,979,977 silver in
51,700 3,000,000 70,000
« 21 . . 654,700 44,900,000
1893. The shipments of gold during November were heavier
414,700
1,446
241,100
15,200,000
*Jk>t. w k . .3,484,900 \247,600,000
than
for many months past, having reached $165,295, of which
714,400
20,600,000
1,579
436,000
W klaatyr5,371,200 307,200,000
The stocks cleared now are American Cotton Oil common $164,635 coin, and the exports of silver have been $1,437,138
American Sugar common, Atchison, Chicago Burlington & coin and $969,600 bullion. For the eleven months the ex­
Quincy, Chicago Gas, Chicago Milwaukee & St. Paul com- ports of gold have been $848,169, against $1,116,239 in 1893,
D ec. 10. .1,685,600
“ 11. . 937,200
m 1 2 . . 627,500
13. . 830,700
14 . .1,075,600




:1 25,400,000
47,800,000
43,200,000
54,200,000
84,700,000

99,400
72,100
47,600
65,100
72,400

6,700,000 171,000
5,200,000 89,300
2,900,000 41,000
3,600,000 94,300
5,100,000 169,500

338
307
302
311
317

f

THE CHRONICLE.

D ecember 22, 1894.]

1089

a n d $11,845,980 s ilv e r h a s b e e n s e n t out, a g a i n s t $11,137,168 in s
1893. T h e e x h i b i t f o r N o v e m b e r a n d t h e e le v e n m o n t h s is a

foil o w s :
IMPORTS OP GOLD AND SILVER AT SAN FRANCISCO.
SILVER.

GOLD.
MONTHS.

Coin.

B ullion

Total.

Coin.

B ullion.

$

$

$

August—
September
October..
November.

1,867
6,758
13,990
40,705
7,541
11,536
6,133
40,190
13,082
498.343
8,269

$
24,323
258,377
16,559
9,985
27,148
28,434
42,243
43,579
29,578
69,132
b2,28l

T’l.l l mos.

655,414 611,639 1,267,053

1894.

January...
February..
March......
April........

33,190
265,135
30.549
50,690
34,689
39,970
48,376
83,769
42,660
567,475
70.550

159,558 112,767
34,842 148,998
20,060
79,601
35,121
61,047
153,205 116,562
116,263
89,237
47,956
96,701
227,1301
99,310
11,758
60,120
136,282 126,911
36,807 122,731

Total.

$

272,325
183,840
99,661
96,168
269,767
205,500
144,657
326,440
71,878
263,193
15 ',538

978,982 1,113,985 2,092,967

EXPORTS OP GOLD AND SILVER PROM SAN FRANCISCO.
GOLD.
MONTHS.

1894.

January. .
February..
Mareh......
April........

Coin.

B ulV n

$

$

August__
September
October...
November.

137,377
92,670
123,177
62,165
16,278
19,135
61,235
73,665
64,775
31,547
164,635

T’l.l 1 mos.

846,6591 1 ,5 10|

850
660

SILVER.

Total.
$
137,377
92,670
123,177
62,165
16,278
19,135
61,235
73,665
64,775
32,397
165,235

Coin.
B u llio n .
Total.
<g
$
$
437,844 391,400
829,244
371,254 413.600
784,854
707,077
229,477 477.600
900,674
327,178 573.496
445,297 456 758
901,055
395,702 989,000 1,384,702
417,601 583,070 1,000,671
575,763 747.800 1,323,563
808,130 436,100 1,244,230
507,972 824.800 1,332,772
467,538 969.600 1,437,138

848,169 4,983,756 6,862,224 11,845,980

ip u iL e ta r ij I (£ 0 m m ß rc ia I3 $ tt0 lis ltI ls u r s
[F rom o u r ow n correspondent.]

London, Dec. 8, 1894.
Although it is known that in the immediate future there
will be very large demands from various foreign and colonia 1
governments upon the money markets of Europe, and there­
fore it is expected that considerable amounts of gold
will be withdrawn from the Bank of England, the money
market here remains as lifeless as ever and rates are tending
downwards. Trade is so quiet and speculation so inactive that
there is exceedingly little demand for money, and bankers
and bill brokers have therefore failed in their recent attempt
to put up rates. The general argument in the market is that
the production of gold is increasing so rapidly that it will
suffice for all the demands that are foreseen, and besides that
very considerable amounts will be received from New York
during the next three months. Meanwhile the movements
usual at the end of the year are going on. The coin and bul­
lion now held by the Bank of England are under 34% mil­
lions sterling and the reserve is barely 25% millions sterling.
But the internal movements of coin and notes are so usual
that they attract little attention.
This week the India Council increased its drawings from 40
lakhs to 50 lakhs of rupees. The demand was large but the
price further declined, the average received being a trifle
under Is. Id. per rupee. Trade in India is exceedingly dull,
and the demand for remittance therefore small. Besides,
the Yokahama Specie Bank has been selling drafts upon Hong
Kong and Japan in very large amounts, presumably for the
payment of purchases of war stores made by the Japanese
Government in Europe. The Bank’s proceedings are depress­
ing all the Eastern exchanges. Silver has likewise fallen fur­
ther, partly because the banks doing business in China find it
more profitable to remit by means of the Yokohama Bank’s
drafts than by sending out silver, and therefore thè Chinese
banks have been selling the metal. At one time this week the
price went under 28d. per ounce, but it recovered on Thursday
to 28%d. per ounce. The Chinese Government has been nego­
tiating for a second loan in London for over a month past.
The amount is somewhat over £1,100,000, payable, principal
and interest, in gold. The interest is 4% per cent and the
issue price is expected to be 96%. The leading houses applied
to here refused to undertake the operation, pointing out that
the time was inopportune and that as China will have to bor­
row to pay* the expected indemnity it would be much better
to wait until the indemnity loan is brought out. One house
however, has arranged with the Chinese Government, and is
trying, it is understood, to get the loan underwritten, offering
2% per cent to the underwriters. The general impression
here is that the loan will not be a success for the reasons




Business on the Stock Exchange has been very quiet and
uotations generally are lower, with the exception of consols
nd a few other high-class securities. As pointed out the
previous week, the last settlement upon the Stock Exchange
showed an enormously large “ bull” account open, and opera­
tors in consequence are not increasing their commitments.
Furthermore the monthly settlement on the Paris Bourse thia
week was a large and difficult one to arrange, and rates were
high. Paris therefore has not been doing so much as she did
lately. The fear of a crisis in Vienna and Pesth, as well as
the political troubles in Austria and Hungary, and the general
discontent in Germany, are all checking business in Berlin.
Here at home the fortnightly settlement will begin on Tues“*
day. A fortnight later will be Christmas Day, and the banks
will be closed both on that day and the following day, from
which it is anticipated that very few people will be in the city
that week. Altogether, consequently, operators are unwilling
to engage in much new business, and the markets are expected
to “sag” for the next few weeks. When the new year sets in,
however, it is thought there will be great activity. It is
known that there will be an unusually large number of new
issues. The participation of the Continent in the South Afri­
can miniDg market is likely to increase, and here at home
confidence is much stronger than it was. For ie moment,
though, as already said, there is not much doiDg.
The American department is quite neglected. President
Cleveland’s banking proposals are not received favorably. The
rumors that shipments of gold from New York will begin
again to-day are causing apprehension, and generally people
here are waiting upon events. The Soutn American depart"
ment is likewise neglected. The news from Bra il is good,
but there are fears of political troubles in Argentina. The
premium on gold at Buenos Ayres has risen and there are
rumors that the Ministry are at sixes and sevens, and that
there is much discontent throughout the country. The bank­
ing troubles in Australasia are not abating; and trade in the
Far East is seriously incommoded by the war between Japan
and China. The talk about the new grouping of the European
Powers is likewise making people hesitate. It is generally
believed that our own Government and Russia are drawing
closer together, and that there is every probability of better
relations than have existed for many years. One immediate
consequence is that the new Russian loan for nearly 16 mil­
lions sterling, which is to be brought out early next week,
will be offered in London as well as in the chief Continental
cities. It is understood that 3 millions sterling are alloted to
London. The rate of interest is to be 3% per cent, and the
general expectation now is that it will be well subscribed here.
On the other hand, there is some uneasiness in Paris lest the
rapprochement with this country should lead to cooler rela­
tions between France and Russia. In Germany there is much
doubt as to what the consequence will be. Upon the whole,
however, the general belief is that the prospects of continued
peace are better than they were, and that therefore business
will decidedly improve early in the new year.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
compared with the last three years’:
1894.
D ec. 5.

1893

lite . 6.

1892.

Dec. 7.

C i r c u l a ti o n ............................................ 25,257,110
25,321,795
25,490,965
P u b l ic d e p o s i t s ....................................
5,137,974
3,793,886
3,651,992
O t h e r d e p o s i t s ..................................... 35,125,181
28,027,924
28,766,998
G o v e r n m e n t s e c u r i t i e s ................... 14,134,828
9,287,512
11,256,058
O t h e r s e c u r i t i e s ................................. 18,278,109
23,611,464
23.372,720
R e s e r v e o f n o t e s a n d c o in . . . . . . . 25,739,163
16,306,087
15,651,735
C o in & b u l li o n , b o t h d e p a r t m ’t s 34,196,203
25,677,882
24,692,700
«39$
P r o p , r e s e r v e t o l i a b i l i t i e s . .p . c.
52%
48
2
B a n k r a t e .............. .. p e r c e n t.
3
3
C o n s o ls , 2 % p e r c e n t ........................ 102 1 5 -1 0 x d
97% x d
97 3-10
S i lv e r .............................................. ..
2 8 % d .t
32% d.
3Sl*d„
C le a r in g - H o u s e r e t u r n s ................ 158,249,000 144,683,000 123,811,000
* D e c e m b e r 10.
t D e c e m b e r 0.

1891.

Dec. 9 .
25,162,860
5,390,649
29,607,857
10,161,963
27,578,990
15,188,545
23,881,405
43 1-16
3% '
95 5-1 6
43?4d.
113,680,009

The imports since January 1st have been as follows:
1894.
Im ports.

J a n u a ry ...........
F e b r u a r y ....
M arch................
A pril......... .
M ay....................
J u n e ...................
J u l y ....................
A u g u st...............
S e p te m b e r ....
O ctober...........
N o v e m b e r ....

&

38,458,613
33,984,085
35,341,037
35,008,029
84,134,060
34,250,033
31,845,553
31,638,521
30,249,136
35,668,385
35,236,790

11 m o n th s.... 375,435,238

•1893.

Difference.

P er Ot.

33,126,470
29,759,640
34,059,485
32,120,160
36,838,213
31,869,592
33,293,191
35,002,772
31,378,830
35,357,297
35,801,961

+5,332,143
+4,224,445
+1,281,552
+ 2.377,869
—2,704,153
+ 2,380,441
—1,447,638
—3,364,251
—1,129,694
+ 311,088
— 565,171

+ 16 0 9
+ 1419
+ 3*70

368,330,171

+7,105,067

+ 1*98

£

£

+ 8*99

— 7 34

+
—
—
—

7*4©
4*34
9*61
3*6©

+ *88

— 1*57

THE CHRONICLE

m o

The exports since January- 1st have been as follows
Difference.
&
+ 125,861
+ 586,140
—1,334,001
+ 941,899
— 338,248
— 876,116
—1,252,838
— 948,933
— 834,309
+ 968,204
+
429,328

Per O'.

J a n u a ry __ . . . 18,151,880
F e b ru a ry ......... 17,679,449
M arch.............. 18,098,903
A p ril................... 17,559,876
M ay.................... 17,484,212
J u n e ................... 1 7 ,9 0 9 ,1 5 5
J u ly ................ . 18,3 9 s ,536
A u g u s t............ 18,581,240
S eptem ber —
17,599,320
O cto b er........... 19,147,996
N o v e m b e r___ 18,083,087

1893.
&
18,026,019
17,093,309
19,432,904
16,617,977
17,822,460
18,785,271
19,651,374
19,530,178
1°,434,129
18,179,792
17,653,759

11 m o n th s...... 198,693,654

201,227,172

—2,533,518

— 1 25

1894.
&
4,346,643
5,051,720
5,342,886
4,810,362
4,904,108
5,198,180
4,289,764
5,127,3e0
3,810,616
5,831,638
4,425,326

1893.
&,
4,785,629
5,733,252
5,690,367
4,856,184
6,945,220
4,796,015
4,812,492
4,368,637
3.91«,667
4,749,117
4,041,592

1894.

&

Experts.

R e -e x p o r t s .

l i

Exports.
Gold.

Difference.

Per OK

— 438,986
— 681,532
— 347,481
— 45,822
—2,041,112
+ 402,165
— 511,728
+ 758,743
— 108,051
+1,0->2,521
+ 380.734

— 9*17

&

—11-88
— 6-10
— 0-94
—29-38
+ 8-38

—10-86

+17-36
— 2-76
+22-79
+ .9-11

—1,561,549

54,700,172

53,138,623

m o n th s—

m e IO llO W lU g SUUWS IUB

Ul w iw w

— 2-85
**•*"-'

United Kingdom during the first fourteen weeks of the season
compared with previous seasons:
IM PO R T S.

1891.
1892.
1893.
1894.
Im p o rts o f w heat, c w t. 1 8 , 5 1 7 , 2 4 5 17,922,045 19,429,853 23,085,689
8,973,045
6.639.079
9,649,127
B a rie v ____ . . . . . __ .1 0 ,4 5 3 ,2 4 1
4.178,324
4.278.790
O a ts '
..................... 4,278,450
4.058,373
969,681
702,781
758,514
770,240
P e a s '............................
1,117,452
1,348,341
B e a n s.........................
1,247,983
1,342,025
4,974,459
8,724,841
In d ia n C o m .............. 6,121,974
4,372,356
5.894.790
F lo u r............................. 5,597,759
5,921,241

Supplies availabl i for consumption (exclusive of stocks on
September 1):
1891.
1892.
19,429,853
5.894,790
7,679,853

23,085,689
4,372,356
9,691,810

T o ta l........................29,930,417 30,996,720 33,004,496
1894.
1893.
1892.
Aver, p rice w heatw eek.2O s. 7d.
27s. Od.
27s. Od.
A verage price, s e a so n ..In s. 3d.
27s. Od.
28s. 4d.

37,149,855
3.891.
38- l t d .
37s. I d .

1894.
1893.
17,922,045
W h eat............cw t.18,517,245
5,921,241
Im p o rts of flo u r....... . 5,597,759
Saies of hom e-grow n. 5,815,413 7,153,434

E n g lis h

F in a n c ia l

M a r k e t s —P e r C a b le .

Tbe daily closing quotations for securities, &c., at Linden
are reported by cable as follows for tbe week ending Dec. 21:
Thurs.

Fri.

27 Bg
2713,6 275«
27716 27%
Consois, n ew . k% p. cts . 1030,6 1035,6 103 i 6 10311 103%
H'35! 1035 „ 1033,6 103ha 1033,6
F o r a c c o u n t..............
F r ’ch re n te s (in P a rislfr. 02-4214 101-50 01-55 101-55 101-55
4 7«
5
4 78
5
5
Atcb. Top. & S. le .c o m .
613«
e o 7s
61
61
61 *4
59%
6
0
3g
59%
603«
60
*4
Chic. Milw. & St. P a u l..
90
90
91
91
91*4
137%
138
138
139
139
54 5g
54%
54*
S i 1«
L ouisville & N ash v ille .. 55
58%
58
58%
5844
58%
M exican C entral 4s . . .
10 2
1 0 2 -» 1 0 2
10 1%
N. Y. C e n tral & H udson 1 0 2
1
0%
103«
io
h
1 0 is
N. Y. L ake E rie & West. 1044
66%
67
65%
07%
69
2 d consols........ .......
N orfolk & W est’n , p re f.
17%
18
18
17V
N o rth ern Pacific, p r e f.. 18%
51%
51%
52
52
51%
P e n n s y lv a n ia ................
7%
75s
75s
7%
7 7s
P hil. & R ead., p e r sh are
12 %
12 %
1 2 18
12
U 7S
143«
144*
14
1444
W abash. p re f.................... 14%

27%
103%
103%
Ol 80

Sat.

\B o n d o n .

Mon.

Tues.

Wed.

4 7s
605g
59%
89%
139
54%
58%
10 2
10 %

14

The following are
the imports at New York for the week ending for dry goods
Dec. 13 and for the week ending for general merchandise
Dec. 14: also totals since the beginning of the first week in
January.
and

Expo rts

for th e

W

e e k .—

F O R E IG N IM P O R T S A T N E W Y O R K .

For

1891.

Week.

1892.

Dry G oods.......
Gen 1 m er’dise.

$2,223,245
6,935,720

$2,354,470
9,997,045

T o ta l..........

$9,158,965

$12,351,515

Since J a n . 1.

1893.
$1,305,421
5,813,066

1894.
$2,063,077
9,020,889

$7,118,487 $11.083,966

Dry G oods....... $111,786,794 $122,333,697 $116,022,072 $85,197,212
G en’l m e r’dise. 389,563,448 431,803,308 405,154,526 335,898,797
T o tal 50 weeks. $501,350,242 $554,137,005 $521,176,598 $421,096,009

Week.

Since Ja n . 1

G reat B r ita in ............
F ra n ce....................
G erm any.............. .
W est In d ie s................
M exico........................
South A m erica...........
All o th e r c o u n trie s..

$15,438,800
$
3,580',000 28,670,999
1,451 32,608,451
12 900 12,254,714
48,205
543,089
856,635

$7,080 $2,669.282
6,232,886
1,683.417
’" ‘¿ 7 Ï
4,441,624
951
69,993
4 5 ,3 2 i
1,205,335
3,050
178,287

T o ta l 189 4 ...........
T o ta l 1893...........
T otal 1892.......

$3,594,351 $90,420,893
1,740,573 72,737,819
4,290,146 66,152,349
Exports.

$57,072 $16.480,824
16,323 61,930,514
6,462
8,449,967
Im ports.

Silver.

Week.

Since J a n .l .

Week.

G reat B rita in .............
F ra n c e .........................
G erm an y ....................
West In d ie s ................
M exico.........................
South A m erica...........
411 o th e r c o u n trie s..

$574,500 $30,546,926
395,500
500
268,720
620
1,240
229.690
54.215
918
745,954
133,317

T o ta l 18 9 4 ...........
T o ta l 18 9 3 ...........
T o ta l 1892...........

$577,778 $32,374,322
916,514 31,554,193
498.280 22,161,658

Since Ja n . 1 ,

$155

$26,469
100.778
7,504
657,786
3 3 7,16)
505,634
37,011

5,557
12,266
284
1,703

$10,965 $1,672,342
2,217
3,151,433
175
2,979,635

Of the above imports for the week in 1894 $41,006 were
American gold coin and $1,051 American silver coin. Of the
exports during the same time, $3,542,900 were American gold
coin.
________ ________________________________
B r e a d s tu ff’s F ig u r e s B r o u g h t F r o m P a g e 1 1 4 1 . — The
statements below are prepared by us from the figures of the
New York Produce Exchange. We first give the receipts at
Western lake and river pores, arranged so as to present the
comparative movement for the week ending Dec. 15, 1894,
and since August 1, for each of the last three years:________
Receipts at—

Rye.
Barley.
Oats.
Corn.
Wheat.
F lo u r .
Bbls.imibs B u sh .6 0 lbs B u s h .5 6 lbs P u s h .3 2 Ibt B u sh .4 8 lb: B u .5 6 lbs.
299,847
161,920
14,722

51,251
20 600

1,180,440
29,900

619
2.160
] 1.240
22,350
6,300

27,846
4 7 8 ,2 0 '
51,231
43,507
321,435
180,7^0
24,108

2,500
22.120
56.256
158,570
174,700

162,000
175,700

4,900
0,600

139,906
150.711
203.431

3,287 576
3,480,743
5.649,913

2 ,3 3 7 .3 «
3.725,165
2 331,390

1,607.819
2.629,256
1,833,419

846 489
853,390
949,763

85,751
9«,765
89 505

6,622,392 98.742.251
6,137,901 96,600,258
6.545,089 149,219,138

33,127,782
65,630,751
51,048.929

41,600.030
57,581,484
52,251 049

21,973,939
17,573,701
17,781,269

1,211,407
1,788,852
4,943,755

0 é t r o i t ...........
C le v e la n d __
i t . L o u i s ........
t e o r i a . ............
K a n s a s C ity .
T o t.w k , ’94.
la m e w k ,’93.
la m e w k ,’92.
linee A u g . 1.
1894 ............
1893..............
1 8 9 2 ........

922,734
228,000
42,939

258,917
229,870
1,2*8,812
1,125,170
142,600
104,727
81,385
42,995
13,200

48,887
41,370

Jh lo a g o ..........
M ilw a u k e e ...
l u l u t h ..........
M in n e a p o lis .

2,500
3 2 ,30 •

The receipts of flour and grain at the seaboard ports for the
week ended Dec. 15, 1894, follow:
F lo w .
bbls.

R e c e ip ts a t —
M o n tr e a l.

487,023
451,920

Com.
bush.

Wheat,
bush.

Oats,
bush.

Barley.
bush.

1,0*0.800
220,731
2.15 '
109.343
401,203
10.770
6,902

170.760
35.3 >5
48,550
99.264
69,319
7,700
14,775

107,600
13,505
4,250
90,000

791.505 1,817,959
873,651
1,376,741

443,723
564,481

221.415
262,152

524.475
129,963

210,56«
79,912
9,130
79,019
94,265
l,9 b 0
12,184

1 7 % ''
51%
6 7g
12

Im ports.

j

Since J a n . l .

Week.

64%

©orametxialattft m iscellaneous Hews
I m po rts

The following table shows the exports and imports of specie
%t Che port of New York for the week ending Dec. 15 and since
January 1,1894, and for the corresponding periods in 1893
and 1892:
E X PO R T S AND IM P O R T S OF S P E C IE AT N E W Y O R K .__________

The exports of foreign and colonial produce since January
1st Show the following contrast:
Ja n u a ry — ...
F e b ru a ry .........
M arch..............
A p ril.................
M ay..................
J u n e .................
J u l y ..................
A u g u st............
S ep tem b er —
O cto b er...........
N o v e m b e r___

[ vOL. LIS..

3t2’,062
7;-*,945
27,060
4000

.......... .

R l/e

bush.
1.475
1,050

14,080

16,605
7,548

The total receipts at ports named in last table from Jan. 1
to Dec. 15 compare as follows for four years
1891.
15,755,065

Receipts of—
1894. ,
F l o u r ....................... b b l s . 20,069.972

1893.
19,049,056

1892.
19,205,926

W h e a t . . . . . . . . . . b u s h . 56.732,310
C o m ................................... 44,521,492
O a t s ............ ...................... 43,380,777
B a r l e y . . . . ........... ............ 4,713,347
a y e . . ' ...............................
569,420

92.802,517
55,335,604
50,734.283
4,891.529
1,128,839

121,754,708
86,528,474
54,954,829
5,341,207
3,889,945

.149,923,376

204,892,772

272,469.163

T o ta l ( tr a in ...

The exports from the several seaboard ports for
ending Dec. 15, 1894, are shown in the annexed statement:
Exports from —

Wheat.
bush.

431,030
196,684
8 290 •
141418

Com.
bush.

F low .
.bbls. ■

N e w Y o r k ....................
B o s t o n ...........................
P o r tl a n d . ...................
P h i l a d e l p h i a ..............
B a ltim o r e
........
N e w O r l e a n s ..............

146,716

114.275 .
39,858
9,94u
17v 00
8 5 ./1 5
31,520

N e w p o rt N e w s ......
M o n t r e a l .....................

i7 6 ,0 0 0
..............

25,714
..............

7.514
..............

T o t a l w e e k ............1 ,1 0 7 .1 3 8
S am
e tUUIC
i m e 1893.........1,029,250
1UO
.............. ...............

333,393
831,200
....
»----

355.052
278 28 l_

........

167,549
Iu 7 ,l9 1
498
13.969
27,n96
635

Oats.
1,816

Rye.
bush.

5,216
66 330

12,595

busi.

12,595

3,400

1

Peas,
bush.

8,993
1,51 <
24,670

35,175

l 65• 309
^^

The destination ol these exports for the week and since
The imports of dry goods for one week later will be found
Sept. 1,1894, is as 1« low. We add the totals for the corres­
5n our report of the dry goods trade.
The following is a statement of the exports (exclusive of ponding periods of last year for comparison:
-------- Corn.— ----specie) from the port of New York to foreign ports for the
Week Since Sept
Week Since Sept. Week Since Sept.
Exports for
D eç. 15.
1. 1894
Dec. 15. 1, 1894.
1.1894.
week and since
week ending Dec. 18 and from January 1 to date:
b u sh .
bush.
bush.
b u sh .
bbls.
bbls.
Sept. 1 to—

E X PO R T S FR O M N E W Y O R K F O R T H E W E E K .

1891
For th e w e e k ..
Prev. re p o rte d .

1892.

$7,927,953
$9,362,150
363,662,753 368,702,516

1893.

1894.

$7,428,342
356,638,234

$7,835,681
340,412,485

T o ta l 50 weeks. $373,024,903 $376,630,469 $364,066,576 $348,248.166




a 249.683
. 33 5»L
. 18,303
. 39,7 lU
B r it. N . A . C o l’s.}. 12,105
1,726
T o t a l 1 8 9 3 ...

.. 355,052
278,281

2,7 el,376
523,554
45/,i77
359,289
p 8,953
13,14 i

2-17,617
997,656 10,839,991
33,001
101,164 4,124,463
5,978
20
2,500
12,195
2,870
50,718 ' """*880
8,318

976,085
559,448
93,147
135,198
16 656
15,557

4.244.194 1.107.138 15,056,520 1 333,393 1,796,686
831,2' 0 13,588 754
4,168.083 1,' 29 250 17.734,152

City R ailroad S ecurities—Brokers’ Qnotations

The visible supply of grain, comprising the stocks in granary
<at the principal points of accumulation at lake and seaboard
ports , Dec. 15, 1894, was as follows:
W heat,
I n »tore a t—
biwh.
New Y ork................... 12,591.000
W D0
afloat.......... 3,091,000
B uffalo. . . . •••••••••• 4, <42,000
Do
aflo at........ 209<9°9
C hicago.................26,173,000
Do
a flo a t. . . . . .
. ... - • •
M ilw aukee.................. 809,000
Do
a flo a t........
. .. . • • ••
D u lu th ........................ 7,226.000
Do
a flo a t.........
85,000
Toledo.......................... 3.201,000
Do
a f lo a t........
80,000
D e tro it......................... 1.SJ5.000
Do
aflo at..........
®4,nnn
Do
afloat....................... .
Cincinnati.................... AQq’nnn
T o ro n to ......................
M ontreal..................... 091-000
P hiladelphia............... 936,000
P e o ria ....................
201,000
Indianapolis ............... 222’999
Kansas C ity...................1,0^1.000
B altim ore.................... 1.125,000
M inneapolis.................16,992,000
St. P a u l .............................. • ••• • •
On Mississippi B iver.
46,000
O n Lakes........................... ..
On canal and r iv e r...
47,000
Total Dec. 15,1894..88,173,000
Total Dec. 8 ,1894..85.978.000
T otal Dec. 1 6,1893..80.129.000
T otal Dec. 1 7 ,1892..78.32L,090
T otal Dec. 1 9 ,1891..43.262.844

Com,
bush.
911.000

8,000

27,000
395.000
781.000
1,716,000

bu sh .

1.742.000
1.390.000
150.000
232.000

bush.

13.000
898.000
135.000
1,037.000

' 83,000

120.000

1(0,000
33.000

1.696.000
94.000

Ì47,Ò0Ó

10.000

'32,006

' 86,060

4.0ÓÓ

72,000

3,000

511,000

1,003,000

' 25,000

27,000

6,000

2,000

' ï 6,o66

1,012,000

761.000

5.000

215,000
83,000

24.000

1Ì8,000

"9,000
16,000

200,000

5.000

6,000

30,000

4,000

845.000
15,000
199.000
129.000
329.000
114.000
31 »,000
177.000
553.000

12.000

'’2,000

96.000
180,000
56.000
106,000
791,000
7.000
553,000

55.000

"9,000

N am e o f Company.
R a ilr o a d s .
B alt. & Ohio, 1 st an d 2d p re f ...
B oston & Maine com. ( q u a r ) ---C anada S o u th e rn ............................
•Cin. H am . & D ayton pref. (quar.)
C oncord & M o n tr e a lClass l., B. C.& M. pref. (quar.)
C la s s II.,B C. & M. n ew (quar.)
Class I I I , B. C. & M old (quar.)
Class IV., Concord (q u a r.)..
C u m b erlan d V alley (q u a r) ..
D ay to n & Mich pref., gu. (quar.)
F itch b u rg , p re fe rre d .....................
D a te Shore & M ichigan S outhern
M aine C e n tral (quar.) ..................
M ichigan C en tral. .........................
N orfolk & S outhern (q u a r.). . . . . .
N orthern C e n tra l............................
P e te rsb u rg , co m m o n.....................
“
p re fe rre d , g u a r .......
P ro v id e n ce & W orcester (quar,).
R ich F red . & P o t , com — . . . . I
“
“
d iv .o b li.... i
R ichm ond & P e t e r s b u r g ---- . . . .
S aran ac & L ak e P la c id .............. .
W o rcester N ash u a & R och......... .
R an k s.
B an k of A m e r ic a ............. ...........
B ank of New Y ork, N. B. A .........
Bro k ly n (B rooklyn).....................
F ifth A venue (quar)......................
.
“
(e x tra ). ................
F ifth A venue (B rooklyn)............
F ifth N a tio n a l...............................
Do
do (e x tra )...................
H am ilto n (B rooklyn)— ..............
H a n o v e r N atio n al .........................
M echanics’ N a tio n a l.............. ....
M e rch a n ts’ N a tio n a l.....................
N assau N atio n al (B rooklyn)----N atio n al B an k of C o m m erce....
N atio n al B a n k of th e R epublic..
N atio n al B r o a d w a y ......... .
N atio n al C itizens’..........................
N atio n al P a r k ................................
People’s. .............................. ».........
S eaboard N a tio n al....... ...........
“
(tax div.). ....
Becond N a tio n a l...........................
T w en ty -six th W ard (B rooklyn).
W est S ide................ ......................T r u s t C o m p a n ie s .
F ra n k lin , B rooklyn (q u ar.).......
M a n h a tta n ...................................
N. Y. G u a ra n ty & In d e m n ity ...
R eal E s ta te ................... .................
B ta te ........................ ..................... .
T itle G u ran tee & T ru s t............ W ash in g to n — .............................
m is c e lla n e o u s .
B rooklyn C ity RR. (q u ar.).........
C e n tra l & S. A. Tel. (q u a r.).......
Consol. E le c tric Storage quar.)
E dison E lec. 111. of N. Y- (quar.)
E q u ita b le Gas-L. of N. Y. , quar.
In te rn a tio n a l B ell Tel., L td . . .
•Journeay & B u rn h am , pf. (quar.)
M exican T eleg rap h (quar.) —
P ro c te r & Gam ble, pref. (quar )
S ta n d a rd G as-Light, pf. (quar,)
U n ited S tates M o rtgage......... .
U n ited 8 ta te s R ubber, p r e f __
Wells, F argo & Co ...................
W estern G as (M ilw aukee). -.

Per
Cent

100,000

1%
1*4
1

Ja n .
Feb.
Feb.
Ja n .

1%

Feb.

2

fa n .

Ja n .
Jan.
Feb.
1% Ja n .
Feb.
2
1 Ja n .
Ja n .
4
3
Ja n .
3 $
28» Dec.
3ia J a n .
ia n .
3
Dec.
2
21« Ja n .

1

459.000
453.000
598.000
1,271.000
2.436 260

Dec. 23
—
1 De<. 30
Dec.
21
2

Ja n .
Tan.

Ja n .
Ja n .
Ja n .
Ja n .
21« Ja n .
Ja n .
5
Ja n .
4
31« Ian.
I ani
6
Ja n .
4
Jan .
4
J a n .,
6
34» Ja n .
Tan.
5
Ja n .
5
3 \ Ja n .
2 i
Jan .
5
Ja n .
3
Ja n .
6

1 I

2
24»

Jan.
Ja n .

3
3
3
3

Jau.

24»

Ja n .
Ja n .
Ja n .
Feb.
Ja n .
Ja n .
Ja n .
Jan.
Ja n .
Tan.
Jan.

8

1%
1
11«
5
5

2

24»
2

1

3
4

3
2

Jan.
Jan.

Ja n .
Ian.

Jan
Jan.

Ja n .

to Ja n . 1
t o ---------to Feb. 3
to J a n . 2

21
21
2

Dec. 2 2
Dec. 19
Dec. 27
Dec. 2 1
to
Deo. 23
Dec. 2 2
Dec. 2 2
Dec. 2 L
Dec. 19
Dec. 23
Dec. 2 0

to J a n .

Dec.
Dec.
Dec,
Dec.
Deo.
Dec.

22
2 /

21
20
23
21

to
to
to
to

Jan.
Ja n .
Jan .
Ja n .

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

22
20
21
25
25
22
25

to
to
to
to
to
to
to

Jan.
Jan .
Jan.
Ja n .
Ja n .
Ja n .
Ja n .

Dec.
Dec.
Ja n .
Ja n .
Ja n .
Dec.
Dec.
Ja n .
Ja n .
Ja n .
Dec.
Dec.
jJa n .
ls(D ec.

Bid.

A sk.

.....
...

160
•—
175
185

......
40

Bonds.
Shares.
$1,000 T he Iro n Car E q u ip ’t
N at. Shoe & L eath er Bk.
Co. 6 s. series C. 1903 . ____ 54
(P u rch aser to p a y 25
Cert, of C e n tral T ru s t Co for
p. c. a s se s sm e n t)........... 65
$3.900. 1 st 6 s of N. Y. &
S outhern N at. B a n k ------171
P e rry C oal & Iro n Go.......... $100
B rooklyn City R R Co...1 6 9
T hird Ave. R R Co ....... 179% 1
S o u th ern N at. B a n k ........ 168 I

By Messrs. Adrian H. Muller & Son:

to

Dec.
Dec.
15 Dec.

G A S C O M P A N IE S .

People’s (B rooklyn). ----- 8 •
Peoples’ (Je rse y C ity )___ 170
M etropolitan (B rooklyn). 155
W illia m s b u rg .................... 200
105
172
105
B onds, 6 s . . . . . . ....... .
180
E q u ita b le ......... ......... .
Bonds, 6s, 1899 .............. 105
85
38
1, Gommonl....... . . . .

—Mr. A. B. Eliott, late of Messrs. Eliott & Homans of
Boston, Mass., has taken the management of the Bond De­
partment of Messrs. Jam s N. Brown & Co., 62 Cedar Street,
N. Y. This firm is now prepared to entertain proposidons for
tae sale or purchase of high-grade bonds and other investment
securities, making a specialty of municipal and conservative
street railway bonds.
_____ __________
'
______

to
Dee. 21 to Ja n . 2
30
Ja n . 1 to Ja n . 15
Dec. 30 to Feb. 3
— to ----50
Dec. 30 to Feb. 3
an. 1 to J a n . 10 1 0 0
12
to ---- :—
Ian. 1 200
Dec. 2 1
31

Bid. Ask.
118
105
85
64
85 .........
60
180
108
U<3
200
100
84% 85%

Auction Sales.—Among other securities the following, not
regular Iv dealt in at the Board, were recently sold at auction
By Messrs. R. V, Harnett & Co.:

to

2
2
3

4
5
4
20 )
5 5
21«

GAS C O M P A N IE S .

B rooklyn G as-L ight.........
C en tra l..................................
C onsum ers’ (Je rse y City).
2.513.000
B onds.............. ........ 1.......
3.582.000 C itizeas’ (B ro o k ly n ).........
2.732.000 J e rs e y C ity & H o b o k e n ..
2.281.000 M etropolitan—B onds........
2.428.109 M utual (N. Y . .................
N assau (B ro o k ly n )...........
S crip...................................
N . Y. & E a st R iv. 1 st 5 s.

Bodes closed.
(Days inclusive.)

When,
P a y a b le .

D. D. E . B. * B a t’v —S tk .. 152 155
1st, gold, 5s, 1932..J& D §112 115
S c r ip ............................... . §102 1034»
....
E ig h th A venue—Stock---- 285
Scrip, 6s, 1914................. 1.03
42d & G r. S t F e r.—Stock 320 325
56
42d St.& M an.& S tN .A v . 54
1st m ort.6s, 1910.M&S5 113 4» 116
584»
2 d m o rt incom e 6 s .J & J 55
Long Isla n d T ra c tio n ....... 13°8 14
M etropolitan T rac tio n . . . 103% 104%
N in th 'A v e n u e ..................... 150
Second A venue—S to c k ... 155 165
ls tm o r t.. 5s, 1909.M& v § L07 109
D eb en tu re 5s, 190tf.J& J.104
fcîiKth A venue—S to c k ....... 1215 22Ó'*
T h ird A v e n u e..................... 182 1«3
ls tm o r t., 5s, 1937 .J & J 120 1 04»
T w entv-T hird S t.—S tock. 300 .....
Deh. 5s, 1903___ . ... |100
U nion B.y—1 st 5s, 1 9 4 2 ... '§ 06 1084»
W estc h e ste r, lst,g u .,5 s. j §96 100

N. Y. and Brooklyn Gas Secnrities—Brokers’ Quotations.

39.000
38.000

9.126.000
9.146.000
3.984.000
6.682.000
3,843,069

3

A tlan. A ve., B ’k ly n —
Con. 5s, g., 1931. ..A & O 108 110
G en. M. Bs, 1909... A&O 106 108
Im p t. 5s, g., 1 9 3 4 ...J& J ----- 96
30
Bleek. St. & F u i. F .—S tk . 27
1st m ort., 7s, 1900.J & J §111 1134É
B’w ay & 7 th A ve.—Stock. 18 i 188
1st m ort., 5s, 1904. J& D §108
2d m o r t, 5s, 1914 .J & J §108 112
B ’w ay 1st, 5s, guar. 1924 § 112 116
2d 5s, ln t. as re n t’1-1905 §105 1074»
Consol 5s, 1943.. .. J & J 1 Oil 111
B rooklyn C ity—New s tk . 167 169
Consol. 5s, 1941. ...J & J 1144» 115
B klyn. C rosst’n 5 s .1908 105
B k y n Q’n sC o .& S a h .lsi §102
144»
B rooklyn T ra c tio n ............ 14
67
P r e l e r r e d ........................ 65
C en tral C rosstow n—S tk .. 166
1st m ort., 6s, 1922.M& N 117
Cen. Pk. N.& E .R iv .—S tk .163 166
Consol. 7s, 1902....J & D §112 116
C h rist’p ’r & 10th S t.—S tk. 148 152
1 st m ort., 1898 ....A&CM105 ! 08
§A nd accrued in te re st.

"8,000

60,000

7.770.000
6.600.000
6,652,000
10,724,000
3.915,022

Bid. Ask.

A sk.

Barley,

Bye,
bush.
7,000
57,000

Oats

D IV ID E N D S .

16 to Ja n .
30 to Ja m
2 to J a n .
5 to F eb.
3 to J a n .
31 to Ja n .
23 to Ja n .
6 to Ja n .
1 to J a n .
3 to J a n .
24 to Ja n .
29 to J a n .
1 to Ja n .
29 to J a n .

Bonds.
Shares.
$ >,000 Roch, City 7s, w a te r
250 L ittle "’itts . Con. Min. C o .)
w orks, 1903. J & f .........125& int.
900 Colo. Cent. Con. Min. Co. >$75
$1,0 '0 A tla n tic Ave. R R . of
2 0 JD u n k in M ining Co.......... )
B’klyn 5s,cons., 1909. A&O. 109*4
1 C hem ical N at. B a n k ....... 4160
$
‘,000 R ochester G as & Elec.
3 C o n tin en tal F ire In s. Co 261
Co. consol. 5s, 1 9 1 2 .* ........100
3 i.ykensV al R R .& CoalCo.l60
60 N at. B roadw ay B a n k — 236*2 $1,000 A rtesian W ater Co. o f
M em phis, 1 st 5s, 1 9 0 9 ..! ,. 95
5 ) P e te r Coo per F ire Ius.Co.136
« 1,0 0 0 M ilw aukee City RR.
2 *9 M echanics’ N at. B a n k ...184
Co. 1st 5s, 19(>8. .................100
10 T row D irecto ry P ub. &
Book B inding Co. pref. 51% $ 1 4 0 ,0 0 0 Met. W est Side E le.
R R . of Chicago 1st os, an d
567 N. J . D ry D ock & T ran s­
4 3 7 *« sh a res d itto sto c k . . . 7 7 * 2
p o rta tio n Co.............. 202-205
$ 1,5 0 0 N.Y. & G reenw ood L.
137 W agner P alace C ar C o... 158
R
R . Co. l e t s . ................... . . . 20*8
12 T hird Ave. RR . Co. .....1 8 2
$L • ,0 0 0 N.Y.& G reenw ood L.
5 G erm an-A m er. R.E. T itle
R
R . Co. 2ds .......................
5%
G uar. Co. . .. .............. 32
$8,000 E scan ab a W ater Wks.
20 H an o v er F ire Ins. Co__ 110
Co. 6 s, 1 9 0 6 ......... ................ 60
4 < P h en ix B ank of N.Y — 115
25 B ’w ay & 7 th Ave.RR.Co.186% $2.000 B u tte C.(Mont.) W ater .
Co. 1 st 6 s, 1910. ................ 77
15 B a n k o f th e S ta te of N.Y.1054»
$8,000 E sc a n a b a W ater Wks.
14 N at. Shoe & L e a th e r B’k.
Co. 6 s, 1911 ................ .
60
(P u rch aser to p ay ass’t
$ 1 7 ,u 0 0 N e w a rk (N.Y.) E le c .
of 25 p.c. an d to assum e
Lt.& P ow er Co ls t6 s ,L 9 iO .5 4-60
a ll liab ilities a lre a d y in ­
$515 M utual F ire In s. Co.
c u rre d )...................
65
scrip of 1888........................ 2 0
1,000 P o rte r S tan d ard M otor
Co., $25 each ...............$25 lo t $5,000 S uburb. T rac. Co. o f]
O range, N. J ., consol. 1st
4,380 G reen B ay Win.& St.P.
sink. fund. 5s, 1923 ...........V$250
R R . p ref.,tr. receip ts..1% to 2
200 sh ares S uburb. T ra c t’n )
1 C ert, m em ber. M aritim e
Co. of O range, N. J ...........J
A ssociation, N. Y .......... $ 'Q
$16,500 N. Y. C ity Sub. W ater
10 P h e n ix Ins. Co.of B’klyn.l'L3
C o.,M t.V ernon, 1 st 6s,1921.
Bonds.
A&O. O ct.’ 9 4 . coups, o n ..36-39
$12,000 Gr. R ap. & In d . R R .]
$i,OOOC.of
H arrim an ,T en n .,
5s, 1924 ---- - ...
.............l i i
6 s, P ub. Im p., 1923. F& A . 60
$4.800 Gr. R ap. & In d . RR . r
$3,000
City
of S an ta Cruz,
4s, fund, i n t ..........................
C al.,5s.ref., series 31, 192o. 61
2 $2,000 G r.R ap.& Ind. R R .ls t
$1,000
City
of
S an ta, Cruz,
7s,1899. Oct., 1894, coups,
6
Cal., 5s, re f , series 3189 7 . 6 0
on., ex-land g r a n t .— . . . . . 1 0 9 1«
10
1
15
3
2
13
15
S a m u e l
D .
D a v is
&
G o .,
10
2
B A N K E R S ,
15
15
NO. 40 W A iLIi S T ., N E W Y O R K .
15

-—The United States Cordage Company announces that
coupon No. 2 of its first mortgage and collateral trust bonds
due January 1 will be paid on and after January 2 at the
office of the Manhattan Thrust Company, New York.
—The Topeka W ater Co, bondholders have practically all
united in the appointment of a committee for the protection
of their interests. The bondholders’ agreement may be had
at the State Trust Co. See advertisement.




1091

THE CHRONICLE.

D ecember 22, 1894.]

BatxMtifl and ^financial.

S a m u e l D. D a v i s ,

C h a s . B. V a n N o s t r a n p

Spencer Trask & Co.,
B A N K ER S,
10 W A L L ¡S T R E E T ,
NEW Y O R K .
S ta te a n d JTames S tre e ts, A lb a n y .

B onds a n d Stocks B ought an d I D ealers in S tate,
I City a n d R a ilro a d
Sold on Com m ission.

U A A rn ö

DVJIN JJlOi

THE CHKON1CLE.

1092
2 P * je

fp a n fc e r s’ d a ^ c ltc .

EP* For d ivid en ds see'previous page.
W A lili S T R E E T , F R I D A Y , D E C E M B E R 3 1 , 1 8 9 4 - 5 P . M.

[Vol. L1X.

State and Railroad Bonds.—Considerable activity is no­
ticed in State bonds. Sales at the Board include $685,500
Virginia 6s defd. trust receipts, stamped, at 9 to 12; $59,000
Virginia fund, debt 2-3s of 1991 at 60 ^ to 60%; $20,000 Tenn.
settlement 3s at 83% to 84%; $20,000 Tenn. redemption 4%s at
105, and $25,000 So. Carolina 6s., non-fundable, at 2%.
The railroad bond market has been dull and generally
featureless, most of the changes being to lower prices.
Atchisons have declined about 1 point. Chicago & N. P.
1st mort. rects. have reacted and lost the advance noted last
week, possibly the result of an attack on the validity of
the mortgage, and close at 40%. Oregon Improvement
5s have declined, closing at 50. Philadelphia & Reading
issues have all declined under heavy sales and in sym­
pathy with the stock. Active opposition to the present reor­
ganization plan and doubts as to the consideration which
the junior securities will receive in the final adjust­
ment of the affairs of the company are given as reasons for
the selling. Rio Grande Western lsts have been active
and generally steady, as the Jan. 1st coupon will
be paid by the State Trust Co. St. Louis & S. F. con. 4s have
lost a part of the advance of last week and close at 50%. St.
Louis Southwest, and M. K. & T. issues have been active and
strong. Canada Southern 1st 5s advanced to 114 on Tuesday,
the highest point yet reached, and Southern Ry. 1st 5s have
been readily taken at advancing prices, closing at 90% against
89%, as the earnings show a better business than was done
last year. U. S. Cordage Co. lsts have declined in sympathy
with the stock, closing at 63%, against 69 last week.
U nited States Bonds.—Government bonds have been
easier. Sales at the Board include $151,000 5s, coupon, at
118% to 118%, and $85,000 4s, registered, at 114%. Closing,
quotations have been as follows :

The Money M arket and F inancial S ituation.—The near
approach of the holiday season and the liquidation incident
to the last weeks of the year have had their effect on business
at the Stock Exchange. The changes in prices are generally
to a lower level, but are not marked in any particular case,
and their are some exceptions. The announcement on Thurs­
day of regular dividends on Lake Shore, Michigan Central
and Canada Southern shares, and the favorable statements
issued therewith, were features which had an encouraging
effect and stimulated a more hopeful tone to the market.
The directors of the Distilling & Cattle Feeding Co. have
issued a circular to the stockholders, with a statement of the
financial condition of the company, and setting forth some of
its needs. These include $500,000 additional capital to
operate its plants, $1,000,000 more for distributing the pro­
duct, and a considerable sum (amount not mentioned) to
eancel leases on idle property. Naturally enough the stock
has been freely sold and declined to within a fraction of
the lowest point of the year ; and it is interesting to recall the
fact that within four months it sold above 24.
The large auction sale of dry goods which has taken place
this week was a prominent event in mercantile circles. The
interest taken in the sale by the larger jobbing houses in all * P ric e b id ; no sale. Interest Dec. Dec. Dec, Dec. Dec. Dec.
P eriods 15
17.
18.
19.
20
2 1.
parts of the country, and the fact that the results were better
*
97 * 97 * 97 * 97 * 9 7
Q.-Meh.
*
97
2 s , ........................ reg.
than had been expected by the manufacturers are regarded as 4s,
1 9 0 7 . . . ......r e v . Q .- J a n . *114% *114% 114% *114 *114 *113%
4s, 1 9 0 7 ........c o u p . Q .- J a n . *115% *115% “115% *115% *115 *114%
hopeful evidence of increasing confidence and activity.
5s, 1 9 0 4 ............reg . <3 . - Feb. *118% *118% *118% *118% *118 *117%
The inquiry for time loans is increasing, and the tendency 5s, 1904............ coup. Q.- Feb. *11858 118% 1183g 118% *118 *117%
*10 0
*10 0
*10 0
*10 0
6 s, o u r’e.y,’9 5 ....r e g . J . & J . '1 0 0
*10 0
is towards higher rates for both demand and time money.
6 s, o u r’cy,’9 6 ....r e g . J . & J . *1 0 2 % *1 0 2 % *1 0 2 % *1 0 2 % *1 0 2 % *1 0 2 %
The open m arket rate for call loans during the week on 6 s, o u r’cy,*97....reg. J. & J . *105 *105 *105 *105 *105 *105
s, e u r’eÿ,’9 8 ....r e g . J. <fe J. *108 *108 *108 *108 *108 *108
Stock and bond collaterals has ranged from 1 to 2 per cent. 66 s,
o u r’cy,’99 ___reg. J . & Ò. * 1 1 1 * 1 1 1 * 1 1 1 * 1 1 1 * 1 1 1 * 1 1 1
To-day rates on call were 1%@2 per cent. Prime commercial 4s, (Cher.) 1 8 9 6 ..reg. M arch. *103% * 103% *103% *103% *103% *103%
4s, (Cher.) 1 8 9 7 ..reg. M arch. *104% *104% *104% *104% *104% *104%
paper is quoted at 2% to
per cent.
4 s, (Cher.) 1898 reg. M arch. *10538 *10538 *10538 *105% *10538 *10538
The Bank of England weekly statement on Thursday 4s, (C her.)1899..reg. M arch. *106% *106% *106% *106% *1 0 6 % *106%
showed a decrease in bullion of £881,057, and the percentage
Coins.—Following are current quotations in gold for coins :
F in e silv e r b a r s .. — 60 a — 61
of reserve to liabilities was 63’67, against 63'28 last week; the S o v ereig n s.......... $4 8 6 ® $4 90
. 3 85 f t 3 90
F iv e f r a n c s ....... — 90 ® — 95
discount rate remains unchanged at 2 per cent. The Bank of XN apoleons.........
X R eichm arks 4 70 ® 4 80
M exican d o lla rs.. — 50 ® — 51
Do uncom ’c i a l .. ------® — —
25 P e s e t a s ....... 4 75 ® 4 85
France shows an increase of 17,575,000 francs in gold and Span.
Doubloons.15 55 ® 15 75
P e ru v ia n s o ls ..... — 45 ® — 5 0
2,925,000 francs in silver.
Mex. D oubloons.15 55 ®15 75
E n g lish s i l v e r .... 4 80 ® 4 90
The New York City Clearing-House banks in their statement F ine gold b a rs. .. p a r ®% prem , U.S. tra d e d o llars — 55 ® — 65
United States Sub-Treasury.—The following table shows
Of December 15 showed an increase in the reserve held of
$131,600 and a surplus over the required reserve of $33,345,825 receipts and payments at the Sub-Treasury.
Balances.
against $32,902,650 the previous week.
Date.
R eceipts.
P aym en ts.

C a p ita l..................
S u r p lu s ................
D oans & dise’n ts .
C irc u la tio n . . . . .
V e t d ep o sits.......
S p ecie...................
L eg al te n d e rs ___
R e serv e h eld .......
L e g a l r e s e r v e ....

1894.
Dec, 15.

Differen’sfrom
Frev. week.

1893.
Dec. 16.

1892.
Dec. 17.

$
61,622,700
71,259,600
506,871,300
11,155,200
564,803,900
65,545,900
109,000,900
174,546,800
141,200,975

$

$
60,922,700
71,726,500
415,421,900
13.456.400
495,551,100
103,548,200
96.508.400
200,056,600
123,887,775

$
60,422,700
68,879,200
441,801,200
5,589,300
449,195,500
76,995,500
40,748,600
117,744,100
112,298,875

76,168,825

5,445,225

Deo. 862,200
Dec.
29,900
D ec.1,246,300
I n c . 6,375,900
D ec.6,244,300
I n c . 131,600
Dec. 311,575

S u rp lu s reserv e 33,345,825 I n o .

443,175

Foreign Exchange.—The foreign exchange market has
been narrow and fairly steady on a limited volume of busi­
ness. The offerings of commercial bills are light, and the
demand, which is not urgent, has been supplied chiefly by
bills drawn against gold shipments. The market to-day is
weak with a tendency towards lower quotations. Shipments
Of gold for the week $4,000,000, including $2,250,000 to-morrow.
To-day’s actual rates of exchange were as follows: Bankers’
six ty days sterling 4 87J£@4 87% > demand, 4 88,^@4 88}£ ;
cables, 4 8 8^ @4 88%.
Posted rates of leading bankers are as follows :
December 21.

Sixty Days.

D em and

4 89%
4 87 ®4 87%
4 86%®4 8 6 %
P a ris b an k ers (fran cs).. . . . . . ___________ 5 1678®5 16% 5 15 ®5 143g
40%®40& i 6 407 16 ®40%
A m sterdam (guilders) b a n k e rs_________
95% «9513 16
F ra n k fo rt orB rem en(reiohm arks)b’n x ers 957 1fi®95%
P rim e b an k ers’ ste rlin g b ills on L o n d o n ..

4

88%

The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
1-16 discount, selling par; Charleston, buying par, selling
premium; New Orleans, bank, par; commercial, $1 discount;
Chicago, bOc.^perj $l,000j>remium; St. Louis, 90c. per $l,0u0
premium.




Dee.
•*
“
i
“
“

15
17
18
19
20
21

$
1»805,S23
2,923,808
3,005,703
2,589,734
2,301,029
2,518,127

Coin.

Coin Oert’s. Currency.

$
$
2,241,042 91,019,108
6,086,871 87,532,463
4,742,530 85,714,160
3,360,568 84,935,854
3,295,576 84,379,871
3,526,712 82,955,729

$
2,264,108
1,949,390
1,028,646
1,087,010
939,758
1,073,791

$
75,742,627
76,380,927
77,383,141
77,331,249
77,039,937
77,321,461

............

...................

............

T o ta l 15,144,224 23,253,299

R ailroad and Miscellaneous Stocks.—Tne stock market
has only partially recovered from the dullness noted at the
close last week. It was heavy during the early part of the
week and prices were generally lower, but on Thursday the
tone improved and some recovery was made. Am. Sugar
Refining continues the leading feature, with the volume of
'business averaging less than one-half of that of last week. It
has declined with occasional momentary reactions on the re­
duction in price of refined sugar and talk about legislative
action, closing at 90% against 92% last week. Chicago Gas
has received more than usual attention and been fairly well
sustained, while reports of a reduced or a stock dividend have
been used to depress it. W ith comparatively slight fluctua­
tions through the week it closes at 71%. Western Union has
been active and strong, selling at 87% ex. div. on Thursday,
closing at 87%. Consolidated Gas has advanced sharply on
rumors of an alliance with the Ea9t River Co. from 128 on
Wednesday to 135% on Thursday, closing at 133. Distilling
& C. F. has been heavily sold as a result of the directors’ cir­
cular, and declined to 8% on Wednesday, closing at 9%.
U. S. Cordage is decidedly weak, selling below 8 on Wed­
nesday, closing at 8, and there seems to be a feeling of
uncertainty as to the affairs of the company.
The granger stocks have reflected the general condition
and been depressed. The earnings of St. Paul for the second
week in December were disappointing; the stock closes at
58% ;-Northwest at 98%, Burlington & Quincy at 71% and
Rock Island at 62%. The coal carriers have been neglected
though generally firm, except Reading, which has been heavily
sold on a decline, but was firmer on Thursday, and closes at
15%. Lake Shore shares advanced sharply on the dividend
announcement and favorable result of the year’s business.

D ecem ber

THE CHRONICLE.

22,1894.]

1093

NEW YORK STOCK EXCHANGE—ACTIVE STOCKS for week ending DEC. 21, and since JA N 1, 1894.
R ange fo r y e a r 1894.

H IG H E S T AND LOWEST P R IC E S .
S aturday,
Dec. 15.

M onday,
Dec. 17.

T uesday,
Dec. 18.

W ednesday,
Deo. 19.

Dec. 20.

F rid ay ,
Dec. 21.

STOCKS.

A c tiv e I t I t . S to c k s .
4%
4% A tchison Topeka & S a n ta F e.
4%
4%
4%
4%
4% 4%
4%
5
4%
5
1
*%
1
%
1
*%
A
tlan
tic & P acific.....................
1
%
1
%
*%
1%
1%
*%
i%
64
63% 63% 63% 63% B altim ore & O h io .....................
63% 6334 64
64
63% 64% 63
59%
*58%
59%
59%
59%
59
*59
59
*59%
60%
60%
C
anadian
P acific......................
*59%
50% 50% 50% 50% 50% 51 C anada S o u th e rn .............. .
*50% 51
*50
51
51
51
93%
93%
92%
92%
93%
93%
94%
94%
94
94%
94
C
en
tral
of
N ew J e rs e y .............
*93%
18% 17% 17% 17% 17% 17% 17%C hesapeake & O h io ..................
18% *18
18% 18% *18
T 46
146
*146
*146
*146
Chicago & A lto n .......................
71% 71% Chicago B u rlin g to n & Quincy
72
72% 71% 72% 71% 71% 71% 72
72% 73
50%
50
Chicago & E a s te rn Illin o is ..
Do
pref58%
58%
57%
58%
58%
58%
59%
59
57%
59%
58%
Chicago M ilw aukee & St. P au l
58%
120 120
120 120
119% 119% *119% 120% *119% 120% 1 2 0 1 2 0
Do
p re f.
97% 98% Chicago & N o rth w e ste rn .......
97% 98
98
93% 97% 98
99% 99% 98% 99
142 142
142% 142%
Do
p re f.
63% 63% 62% 63% 62% 63% 61% 62% 61% 62% 62% 62% Chicago Rook Isla n d & Pacific
*33
34 Chicago St. P a u l M inn. <&Om
33
*33% 34% 33% 33% 33% 33% 33% 33% 33
110 115 *112 115
*110
115 * 1 1 0
115 * 1 1 0 115
Do
p re f.
*110
39% Cleve. Cincin. Chic. & St. L ..
39
39% 39
39% 39
39% 38% 38% 38% 39
*38
85
85
Do
p ref
16% 16% *16% 17% *16% 17% Colum bus H ocking VaL & Tol
17
17% 17% 17% Ï 7
*17
*57% 62
*57% 62
*57% 65
*57% 65
*57% 65
Do
p re f
*57% 65
126% 126% 126% 126% 126% 126% D elaw are & H u d s o n ............
126% 126% 127% 127% 126% 127
*159
161 D elaw are L a c k a w a n n a * W est
159
159
*160
161%
*160% 161% *160 161 *160% 161%
1 1 % *1 0 % 1 1 % *10% 11% *10% 11% D enver & R io G r a n d e ...........
12
12
1 1 % 1 1 % *11
*33% 34% 33% 33% *33% 34%
35
Do
p ref
*34% 35% 34% 34% *34
*40
45 E van sv ille & T erre H a u te .. .
*40
45
*40
*40
*40
45
45
45
*40
101% 102% G reat N o rth ern , p r e f .............
*1 0 1 % 1 0 2 % *1 0 1 % 1 0 2 % *1 0 1 % 1 0 2 % *1 0 1 % 1 0 2 % 101 % 102
87% 8 8 Illinois C e n tra l.......................
*87% 89
*89% 91
89
89
*89
90
*80% 91
*6 %
7% Iow a C e n tral..............................
7
7
*7
6%
7
7%
7%
7%
.7% 7%
23% 26
*23% 26
*23% 26
24
*23% 26
24
*23% 26
Do
p ref.
*16%
17
*16ia 1714 *1612 1712 17 17 *16 17 *16 17
Lake E rie & W e s te rn ..............
73
73
72% 73
72
*70
73
*71
73
72
73
*71
Do
p re f.
137% 137% L ake Shore & Mich. Southern
136 136
136% 138
136% 136% 136% 136% 136 136
*8 6 % 87% Long I s la n d ...............................
*8 6 % 89
*8 6 % 89
88
*8 6
89
88
*8 612 89
14
14
14
14
13% 13% 13% 13% Long Isla n d T r a c tio n ............
13% 13% 13% 14
53% Louisville & N ashville.............
5312 53 78 53% 54% 53% 53% 53% 53% 53% 53% 53%
*6 % 7% Louisv. N ew Alb. <& Chicago.
*7
*7
*7
8
*6 % 7%
8
7
8
22% 22%
21
*21
22
22
*21
24
22
24
24
*21
Do
p re f.
16412 IO412 104% 104% 105 105 104 104% 104% 105% 104% 105% M a n h attan E le v ated , consol..
99
98
99
98
M ichigan C e n tral.....................
29% 29% M inn.& S tL ., tr . rects., 2d p ’d
30
30
*29
30
*29
*29
30
*29
30% *29
49
48% 48% 48% 48%
49
.*48
49
*48
*48
49% *48
Do p ref. ,tr . rects., 2d p ’d
13% M issouri K an sas & T e x a s___
13% *13
13% *13
*13% 13% 13% 13% 13% 13% *13
2 2 % *2 2 % 23
22% 22% 2 2 % 2 2 % 2 2 % 2 2 % 2 2 % 2 2 % * 2 2
Do
p re f.
28% 29% 28% 28% 28% 28% 27% 28% 27% 27% 26% 27% M issouri Pacific
19% 19
19
*18% 19% *18% 19% *18% 19% Mobile & O hio..
*18% 19% *17
*65
67 N ashv. Chattanooga& St.Louis
66
*65
6 8 % *65
68 *65 68 *65 6 8
66
99% 99% 99% 99% 99% 99% New Y ork C e n tral & H udson
100% 100 % 99% 100% 93% 1 0 0
14 N ew Y ork Chicago & St. Louis
*13
14% 13% 13% 13
13
*13
14% *13% 14% *13
70
* . . . 73
......... 73
71
71
71
Do
1 st p re f
30
*27. 30
*27% 30
*27% 28% *27% 29
"28% 28% *26
Do
2d p re f
9% 1 0 % 1 0 % 1 0 % New Y ork L ak e E rie <&W est’n
9% 1 0
9% 10
10 %
9% 1 0 % 1 0
23
*23
23% 23% 23% 23% *23%
24% 23
23
23
Do
p re f
32
32% 32% 32% N .Y .& N .E ., tr. re cs.3 d in s.p d
31% 31% 31% 32% 31% 32% 31% 32
*193 196
195% 195% *194 196 *193 195% *194 196 *193 196 New York New H av en & H art,
*15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% New Y ork O n tario & W estern
*14% 15
14% 14% 14% 14% 14% 14% 14% 14% New York Susq. & We s t.,ne w .
*14% 15
*41% 43
*42
*42
42
*41% 43
*41% 43
43
43
42
Do
p re f.
5%
5%
6%
*5% 6 % *5%
6%
5%
*5% 6 %
N orfolk & W e s te rn ...................
*19% 2 0
*19
20
*18% 19% 18% 18%
*19% 2 0 % *19% 2 0
Do
p ref.
4 N orthern P a c if ic .....................
4
*4
*4
4%
*4% 4%
4%
4%
*4
4%
4%
17% 17% *17% 17% *17% 17%
*17% 18% 17% 17% *17% 18
Do
p re f
*16% 18 Ohio S o u th e rn ..........................
*16% 18
*16% 18
*16% 18
*16% 18
*16% 18
*19% 2 2 O regon R ’y & N avigation Co.
22
22
24
*21
24
*20
*19
*19
» 21
25
9% O regon Sh. L ine & tf ta h N orth
*6
*6
7
9%
6%
6%
9%
7
*6
7
7
*3%
3% P eo ria D eca tu r & E van sv ille.
4
4
4
4
4
4
3%
3%
*3% 4%
14% 14% 14% 15% 14% 15% 13% 14% 13% 14% 13% 16 P h ilad elp h ia & R e ad in g .........
16%
*15%
*15%
16
16% 16% 16% 16
16
15% 16% *16
P ittsb u rg Cinn. Chic. & St. L .
48
47
45% 45% 45% 45% *45
46% *45
46
*45
48
Do
p re f.
32
32
32
34% 33% 33% P ittsb u rg & W estern, p re f . ..
33% 33% *32
35
*32
35
15% 15% 15% 15%
16% 16%
R.&W.P. T er.,tr. r .5 t h a s s t pd
Do
pref. tr. re c ts.
Rio G rande W estern ................
115% 116 Rom e W atertow n & Ogdensb.
115% 116 *115 116 *115 116 '115 116 *115% 116
39 St. L ouis A lt. & T erre H a u te .
*37
*37
37
37
*37
39
*37
39
40
*37
39
*4% 5 St. L ouis S o u th w este rn ...........
*4%
*4%
*4%
*4%
5
5
*4%
5
5
9%
9%
9%
9%
9%
9%
9%
Do
p re f.
*9%
9%
*9% 9%
9%
*21
25 St. P a u l & D u lu th
25
*21
25
*21
*21
*21
*21
25
25
25
*85 1 0 0
95
*85 1 0 0
*85
95
*85
95
*85
*85
Do
p re f.
95
111
111
110
110
*109 1 1 1
’109 1 1 2 *109 1 1 2 *108 1 1 0
St. P a u l M inn. & M anitoba.
18% 18% 18% 19
18% 19
18% 18% 18% 18% 18% 19 S outhern Pacific Co..................
1 0 % 1 0 % S outhern v o tin g tr u s t, c e r tif .
11%
11% 11%
11
11% 11%
10 % 1 1 %
10 % 1 1 %
37% 36% 37% Do., p ref. v o tin g tru s t, cert.
36% 37% 37
37
36% 37% 36% 37% 37
9%
*9% 9%
9% T exas & P acific.............. .
*9% 1 0
9%
9%
9%
9%
9%
9%
2 % Toledo Ann A rbor & N. M ich.
2
*2
*2 % 3%
*2 % 3%
*2 % 3
3%
3%
3
46 Toledo & Ohio C e n tral.............
46
52
52
*46
52
*46
*46
52
*46
*46
52
*75
81
*75
Do
p ref.
*75
75
75
*75
*75
81
81
81
81
1 2 % 1 2 % Union P a c i f i c ...... ..............
1 1 % 1 1 % *1 1 % 1 1 %
1 1 % 12
11% 11%
1 1 % li%
3% Union P acific D en v er & G ulf.
3%
4
4
*3%
4
*3%
*3% 4
*3% 4
*3%
6 % W abash................ .......................
*6
*6
*6 % 6 % *6 % 6 % *6 % 6 %
6
6
6%
13% 13%
14% 14% 14% 14% 13% 14
13% 13% *13% 14
Do
p ref.
1 0 % 1 0 % W heeling & L ake E rie ......... .
10 % 10 %
11
11%
10 % 11
10 % 10 %
10 % 1 1 %
42% *40% 42% *40% 42% *40% 42% 41% 42%
Do
p re f.
*39% 42% *39
4 W isconsin Cen. Co., tr . re c ts.
*3
*3% 4
3%
3%
*3% 4
*3%
4
3%
3%
M is c e lla n e o u s S to c k s .
*24% 25% A m erican C otton Oil C o.........
24% 25% 24% 25
24% 24% 24% 24% 24% 25
@9% 70
70
70
70
70
*69% 70%
Do
p re f.
6 s% 70
70
70
91% 93% 91% 93% 91% 92% 89% 91% 8 8 % 9 0 7s 89% 91% A m erican S ugar Refining Co.
92
92
92% 92% 91% 91% 90% 91% 90% 90% 91% 91%
Do
pref.
96% Ame rican Tobacco C o ..........
96
95% 95% 96
97% 97% 94
97% 98
97% 98
Do
p ref.
108 108 *106 109
108% 108% 107% 107% 107% 108% 109 109
71% 71
72% 71% 72% 71% 71% Chicago G as Co„ tr u s t reo’t s . .
70% 71% 69% 70% 70
9
9
9
9
9 Colorado Coal & Iro n D ev el..
*8
*8
*8
*8
*8
*8 % 9
*25% 26
*25% 26
*25% 26
*25% 26 Colorado F u el & Iro n
*25% 26
-25% 26
133%
128
132%
135%
132
C onsolidated Gas C om pany..
127% 128% 127% 127% 126% 127
131%
9%
9%
9%
8%
9
8%
8%
9%
9%
8%
9% D istilling & C attle F eed in g Co
8%
35%
35
34% 35% 34% 35% 34% 35
35% 35% 35% 34%
G eneral E lectric Co
39
38% 38
*39
39% 39
38
38% 38
38 N ational L ead C o..
*38% 39
84% 84% *84% 85
*84% 85% 84% 84% 85
85
Do
p re f.
*84% 85
3%
4
3%
4
3%
*3% 4
3%
3%
3%
3% N orth A m erican Co............ .
3%
12
12
12
12
11% 11%
10 % 10 %
*11
13
1 0 % 1 0 % O regon Im p ro v em en t C o ....
2 1 % 22
2 1% 21%
21
2 1%
2 1% 2 1%
22
22
*2 1 % 2 2 % Pacific M ail..............................
*95
-95
92% 92% *94
95% 95% *94
P ip e L ine C ertificates...........
154% 154% 154% 154% P u llm an P a la c e C ar Com pany
157 157 *155 156
156 156
155 155
*59%
*60%
*60
Silver B ullion C e rtific a te s....
*60%
16% 17% 17
.17% i.6 % 16% 17% 17% 16% 16% 16% 17 T ennessee Coal & Iro n
Do
p re f
*8 % 9
7%
8%
8%
8%
7%
8%
6%
8 % U nited S tates Cordage C o..
8%
8
15
15
Do
p re f
14% 14% 14
14% 13% 14% 1 2
13
1 2 % 14%
42% 43
41% 42% 43
42
42
42
44% 44
44% U nited S tates R u b b e r C o..
43
88% 88%
88% 88%
88% 88%
8 8 % 8 8 % x 8 6 % 87%
8 6 % 87% W estern U nion T e le g ra p h .. .

*Theseare bid and asked; no sale made. HOld certificates, 12d assessment paid. VA ll instalments paid.




Lowest.

H igh est.

3 J u ly 23 16 M ar. 14
% Ja n . 2
1% M ar. 28
63 Dec. 17 81% Apr. 6
58 Dec. 12 73% J a n . 18
47 J a n . 3 53% Aug. 24
89% Nov. 7 117% M ar. 8
16 M ay 21 21% Aug. 31
130 Feb. 12 146% Nov. 22
6 8 % Dec. 1 84% M ar. 21
50 Dec. 19 55 Feb. 27
93 M ay 23 97% S e p t 12
54% Ja n . 3 67% S ept. 6
123% M ar. 13
116 Ja n .
110% J u n e 7
96% Dec.
145 A pr. 9
135% Ja n .
72% Apr. 7
58% Oct.
41% A pr. 7
32% Oct.
116
A pr. 16
109% Ja n .
31 Ja n . 10 42 Aug. 25
8
8
M
ay 12
78 Ja n , 18
15 *s J u ly 11 20% M ar. 31
6
6
J
a
n . 12
57% M ay 23
119% Oct. 29 144% Apr. 7
174
S
e
p t 13
155% Oct. 29
9% Aug. 7 13 Nov. 7
24 J u n e 22 37% Nov. 10
40 Oct. 29 6 8 A pr. 20
100 J a n . 4 106 A pr. 9
87% Dec. 21 95% S e p t 11
6
J a n . 2 11% A pr. 3
23% J a n . 4 39% A pr. 9
13% Ja n . 12 19% Aug. 24
63 J a n . 3 74 Sept. 13
118% Ja n . 3 139 Aug. 23
85% Nov. 26 100 Ja n . 2
10% Sept. 21 22 Apr. 16
40% Ja il. 12 57% S ept. 22
6
J u n e 5 10 Ja n . 22
19 J u ly 9 40 Ja n . 6
102% Nov. 19 127% Apr. 26
94 J u ly 23 100% F eb. 1
2 Sept. 11 !F30%Nov. 12
15 Sept. 12 ÏÏ49 Deo. 14
12 Ju n e 23 16% A pr. 7
18% J u n e 25 27% A pr. 9
18% Ja n . 5 32% A pr. 7
15% Ja n . 3 22 M ay 1 5
Nov. 23 74 A pr. 18
66
95% M ay 24 102% Aug. 23
13 Dec. 20 16% A pr. 9
62 J u ly 31 75% Feb. 3
25 J u ly 31 34% Apr. 2
9% Dec. 10 18% M ar. 28
23 Dec. 21 39% M ar. 27
||3% M ay 19 1133% Nov. 13
178 J u ly 11 197 Dec. 12
14 Jim e 25 17% Sept. 4
13% J u ly 7 17% Sept. 13
36 M ay 21 48 S e p t 13
4 J u ly 3 9% S e p t 5
17% J a n . 19 26% S e p t 6
6 % M ar. 20
3% J u n e 22
12% M ay 21 23% M ar. 30
12 Aug. 8 18 O c t 4
10 J u n e 20 30 M ar. 7
4% J a n . 2 10% A pr. 6
6 % Aug. 23
2% Aug. 2
13% Dec. 20 23% M ar. 14
21%
S e p t 11
10% Ju ly 12
41 Oct. 30 54 S e p t 5
34%
Dec. 20
20 J u ly 26
II2 J a n . 15 19% Sept. 12
12% Feb. 7 25 Sept. 11
15 Feb. 1 16% Nov. 16
109% M ay 18 118 Oet. 31
20 J a n . 29 39% Nov. 5
5% A pr. 5
3 Ju ly 31
7 Ju ly 11 11 A pr. 5
22 S e p t 21 28 Aug. 21
88
Ja n . 8 95 M ar. 29
00 Ja n . 6 111 Deo. 21
17% J u ly 23 25 M ar. 14
10% Nov. 19 14 78 Sept. 13
34% Aug. 8 45% Sept. 13
7 J a n . 2 1078 Aug. 20
2 Dec. 21 11% Apr. 3
34 J u ly 28 51 O c t 17
75 J a n . 2 75 Ja n . 2
7 J u ly 30 22% M ar. 31
6 % M ar. 29
3 Aug. 9
8 % Apr. 6
5% J u ly 10
12% J a n . 2 18% A pr. 9
9 J u ly 27 14% Aug. 28
32% J u ly 27 51% A pr. 2
||1% J u ly 23 II8 % A p r 2
24 Dec. 1 2 34% Aug. 25
63 J a n . 2 79% Sept. 14
75% Feb. 1 11478 Aug. 21
79% Ja n . 2 100% Aug. 21
69% J a n . 2 107 Aug. 27
91% F eb. 16 110 Aug. 2 Ì
58% J a n . 3 80 J u n e 25
5 J u n e 26 13% A pr. 4
21 Ja n . 3 27% A pr. 4
I l l J u ly 30 140 A pr. 20
7% Nov. 30 30% F eb. 6
30% J a n . 3 45% M ar. 8
22 J a n . 2 4 4 7s Aug. 20
68
Ja n . 2 92% Aug. 23
5% M ar. 17
2% J u n e 25
10 Dec. 1 19% Sept. 11
13% M ay 15 24 Nov. 7
79 Ja n . 15 95% Dec. 18
152 J u ly 9 174 A p r. 13
64 A pr. 26 67 Ja n . 20
14 Oct. 24 2078 S ept. 26
62% M ay 2 71 A pr, 2
6 % Dec. 2 0 23% J u n e 18
12 Dec. 20 41 J u n e 19
33% M ay 22 45 Nov. 12
80% Ja n . 3 92% Sept. 11

1 L o w e s t is ex d iv id e n d .

1094

THE CHRONLCLE.

NEW YORK STOCK. EXCHANGE PRICES (Contiuae<I)-LVACr/P£
I nactive Stocks
If In d ic a te s un listed .

Dec. 21.
B id.

R ange (sales) i n 1894.

Ask..

L o w est

162
135
102
10 *

12
22

62

49
14*
156

is *

51«
31*

35

8

14
45

8

1
1*
8

10
4

*13"
105
106

115

60

2%
331«

157

180
* No price F rid a y ; la te s t p rice th is week.

SEC U R ITIE S.

Bid.
104*

1€6
135
100
10
20
55
45
10*
147
5*
14
4
13
14
40

Ju ly
Mar.
Ju n e
J u ly
Ja n .
Dec.
Oct.
Ju n e
Ja n .
Ja n .
Ja n .
Nov.
Aug.
A pr.
Sept.

1
1%
2*
86*
7*

Dec.
Dec.
Jan.
Ja u .
June

7*
12
12
92
9*

12
5
1*
102
104
106*
6*
148

Ja n .
Feh.
Feb.
Nov.
Aug.
Oct.
Feb.
Ja n .

13
6
1*
102
107
120
8%
164

110*
5*
51
2
149
20
172*

-C able If.
Ja n . 1 1 7 * Nov.
May
6 Apr.
P re fe r r e d ........................... .
Ja n .
65 Oct. 1
Dec.
6 J u ly
Ja u . 160 Nov.
S. L eath er p re fe rre d H.
Ju ly
3 4 * Dec.
Feb. 181 Sept. 1
t A c tu a l sales.

Ask.

2
170
1
110
100
95*

10
10

176 Apr.
135 Mar.
1 0 0 * Dee.
18 Aug.
2 4 * Apr.
61 A pr.
52 Apr.
1858 Sept.
1 5 4 * May
7% J u n e
34 Aug.
8 Apr.
19 A pr.
16% A pr.
45 M ar.

C apital S u r p l’s L oans.

Bank of New York,
M anhattan Co........
M erchants’.............
Mechanics’..............
America..................
P h é n ix ................
C ity .......... —..........
Tradesmen’s __ ...
C hem ical..............
M erchants’ Exch’ge
G allatin N ational...
B utchers’&Drovers’
Mechanics’ & T rad’s
G reenw ich...............
L eather M anufac’rs
Seventh N ational...
S tate of New Y ork..
American Exchange
Commerce.... ...........
Broadway............
M ercantile. . . . . __
Pacific.....................
Republic................
Chatham..................
People’s ..................
N or th America......
H an o v er...............
Irv in g ........ .............
Citizen’s ..................
N assau.......... .......
M arket & F u lto n ...
Shoe <&L eather__
Corn Exchange__
Continental............
O riental..................
Im porters’«fcTraders
P ark .....................
E ast R iv e r.............
F ourth National__
Central Nationàl__
Second N ational....
N inth National.......
F irst National........
Third N ational........
N.Y. N at. Exchange
Bi wery....... .
Now York C ounty..
Gorman American..
Chase National........
F ifth Avenue.......
German Exchange..
Germania...... ........
United S tates.........
Lincoln....... . . . . . . .
Garfield....................
F ifth N ational.......
Bank of th e Metron.
W est Side............ .
Seaboard..................
Sixth National........
W estern N ational..
F irst Nat. B r’klyn..
Southern National..
N .it. Union B ank,...
L iberty Nat. Bank.
Total.




$

2,000,0 1,9^4,6
2.050.0 1.923.0
944,-2
2, 000,0
2, 000,0 2.113.2
3.000. 2.144.3
0
1.000.
0
449.6
1,000,0 2.999.2
750.0
168,0
300.0 7.192.4
600.0
148.8
1,000,0 1.579.5
300.0
267,4
400.0
403.3
200.0
177,8.
600,0
514.4
300.0
112,0
1 200.0
510.6
5.000. 2.355.6
0
5.000. 3.537.5
0
1.000. 0 1.568.6
1,000,0 1,103,4
422,7
479.6
1.500.0
930.5
450.0
960.3
200.0
259.2
700.0
607.5
1,000,0 1.900.3
500.0
335.0
600.0
377.9
500.0
288.7
750.0
804.2
1, 000,0
253.7
1, 000,0 1.183.1
1, 000,0
222.8
300.0
412.4
1.500.0 5,467,9
2,000,0 3,074,0
250.0
141.5
3.200.0 2.017.7
2,000,0
445.0
300.0
575.1
750.0
365.0
500.0 7.274.3
1,000,0
193.1
300.0
138.3
250.0
543.9
200.0
562.3
750.0
273.1
500.0 1, 200,6
100.0 1.018.2
200,0
621.4
200,0
603.1
500.0
527.4
300.0
518.2
200.0
545.2
200,0
309.3
300.0
744.7
281r2
200.0
500.0
228.3
200.0
335.9
2, 100,0
218.6
300.0
871.5
500.0
575.5
1,200,0
278.8
500.0
112.9

.

13.830.0
13.025.0
11.957.1
10,168,0
20.708.6
4.943.0
24.132.6
2.247.6
26,2« 1,3
3.757.7
6.351.7
1,646,9
2.320.0
1.122.1
2,898,4
1.581.3
3.152.8
24.026.0
24.121.5
6.056.6
8.311.6
2.752.3
11,708,3
5.609.0
2.007.9
6.319.1
17.387.1
' 2,723,0
2.923.6
2.086.4
4.571.1
2.478.0
10.025.0
6.046.5
2.016.7
20.590.0
26.247.0
1.078.0
19.835.5
9.559.0
4.835.0
3.803.6
24.545.5
8.952.2
1.262.3
2.750.0
2.988.9
2.893.5
15.645.6
6.354.7
2.710.7
3.066.1
5.420.4
5.198.0
3.872.6
1.853.4
4.473.3
2.324.0
4.714.0
1.835.0
11.506.6
4.288.0
2.759.5
,8,864,8
1.401.4

Specie. Legats. Deposits

1 0 4 .5

2.717.8
945.0
962.0
758.4
1.570.1
1.639.8
123.3
453.0
682.6
277.9
2.874.3
673.1
310.7
448.7
901.4
1.085.1
714.6
188.4
752.1
218,0
667.0
209.0
1.320.2
1,050,0
482.5
187.7
14,0

$

R ange (sales) in 18c 4,

Ask.

Lowest.

BONDS

Bid.

6.866.8

V irginia fu n d ed d eb t. 2-3S...1991
6 s, d efe rre d t ’s t reo ’ts. sta m p e d .

$
498.937.0
495,003,4
499.460.1
507,733,6
506,871,3

Ask.

83*

60
11

60*

*

Specie.

Legats. ¡Deposits. + Girc’l’n Clearings.

$
$
$
$
1171898 594,547,4 111700 564,700,3
1180609 592,371,2 111544 532,300,2
--------- 1206521 579,835,6 111640 485.554.0
111851 610.665.0
111552 565,511,2

69.351.8 175.471.0
69.351.8 174.063.0
69.351.8 173.938.0

7.083.0 168,343,0 7,018,0 75,998,5
7.055.0 167,760,0 6,954,0 100.590.0
7.250.0 167,402,0 6,940,0 94,165,8
35.810.3 111.614.0
32.855.0
116.002.0 5,299,0 56;968,4
35.810.3 111.871.0
30.539.0
112.924.0 5,378,0 71,575,4
35.810.3 111.713.0
30.091.0
1112,608, Oj 5,361,01 60,084,8
* W e om it two ciphers in all these figures. t Including for Boston and Phila
delphia the item “ due to other hanks.”

Miscellaneous and Unlisted Bonds :
M is c e lla n e o u s B o n d s .

Ch. Jun.& S. Yds.—Col.t.g.,58 107 b.
Col. C. & I. Devel. gn. 5s.......
Colorado Fuel—Gen. 6s.......... iÖ6*a.
Col. & Hock. Coal & I.—6s, g. ►90 a.
Cons.Gas Co..Chic.—1st gu.5s 83 *a.
Det. Gas con. 1st 5 s ............. ►54 a.
Edison Elbe. 111. Co.—1st 5s . 109 a.
Equit. G.-L., N.Y., cons. g. 5s. 112 a.
Equitable G. <fc F.—1st 6s__ » 97 b
Ft-. W orth, Texas, 6s, 1922... 115 *a.
GalvestOD, Tex., 6s, 1921-27. 103 *a.
Henderson Bridge—1st g. 6s.
Illinois Steel deb. 5 s.............. 85 b.
Non-conv. deb. os.—... . . ... 82 *b.
M anhat. Beach H. & L. g. 4s. 41 b.
Memphis, Tenn., 6s, 1915..... 114 a
Missis ippi 4s, 1919...............
Note.—“ b” indicates price b id; “ a ”

M is c e lla n e o u s B ond«.
Multnomah, Ore., 6s, 1913.... ll2 * a .
M utual Union Teleg.—6s g .. 105 b.
Nat. Linseed Oil deb. 6s, g . ..
N. Y. Oity 3*s, 1 9 1 3 ............. io’á ’a.
Northwestern Teiegraph—7 s.
People’s Gas & 0 . 1 1st g. 6s. 106 b.
Co., C h ic a g o ....) 2d g. 6s. 102 * b .
1st con*, g. 6 s....................
90*a.
Pleas. Valley Coal —1st g. 6s. 98 b.
Quebec 4 *s, 1914-22............ Iu4 a.
South Y uba W ater Co.con.6s.
Sunday Creek Coal 1st g 6s..
U. S. L eather—S. f. deb., g.,6s 109 %b.
W estern Union Teleg.—1
112 * b .
U n lis te d B o n d s .
Comstock Tunnel—Ino. 4 s..
5 b.
Mem. <feCharleston—Con. 7 g.
price asked. * L atest price th is w et k

Bank Stock L ist—Latest prices this week.
BANKS.

Bid. Ask.
210
158
250
180
122
450
340 400
3900 4700
450
137 150
200
182
325
280
15
140 160
235

5.869.0

61,622,7 71,259,6 506,871.3165,545,9 109,000,91564,803,9

Bid.

Com prom ise, 3-4-5-6s...........1912
3 s ................
191a
R edem ption 4s.'.....................1907
do
4 * s ................... 1913

Loans.

Commerce...
C ontinental.
Com E xch..
Deposit........
E a -t R iver..
l i t h W ard...

1.710.0
12.259.2
4.881.0
3.444.1
10.138.3
1.402.7

......

$
132.882.3
132.882.3
132.882.3
132.882.3
132.882.3

Chatham......
Chemical ....
C ity........ . .
Citizens’.......

6,166,8
5,137,8
1.997.6
6.215.3
2.770.0

SEC U R ITIE S.

Cavitai &
Su/rplus.

Banks .

6 .121.2

3.621.3
3.815.0

DECEMBER 21.

T e n n e s s e e - 6 s, o ld ......... 1892-1898
6 s, new b o n d s ......... 1892-8-1900

2*

Apr.
Deo.
Mar.
A pr.
N ov.
Dec.
Apr.
Ju ly
DecL
A pr
Iday
Deo.
Deo.
May
Deo.

4 7 * J u n e 5 9 * Febi
40
40 Deo. 52 Mar.
17
1 9 * 14 Sept. 25 Ja u .
6
6 Nov. 12 Aug.
8*
6
9
6 * Dee.
9 N ov.
10
14
6 * Ja n .
14 Nov.
290 310 275 Nov. 315 Juno50
55
1*
4
1<* Ja n .
3 “ Feb.
100
15
I S * Aug. 17% M ar.
8
7 * Jan .
9*
1 1 * Aug.
41 Oct.
57 Ja n .
t 60*
5 2 * J u n e 68% Apr.
98*
80 Ja u ,
9 8 * Deo.
[105 107 105 Nov. 128 Ja n .

A sk.

5
5

154% Ja u .
116
93
5
97*
100
75
9%
150
31*
104
55*
27
82%
22*
55

New York City, Boston and Philadelphia Banks :

$

14.370.0
13.896.0
13,945,5
9.513.0
23.110.3
4.913.0
31.804.1
2.184.1
30.189.4
4,565,8
6.015.2
1.747.7
2,610,0
1.094.4
2.839.4
1.835.0
2.346.0
19.376.0
22.150.4
6.078.4
9.666.8
3.830.4
13.694.1
5.944.8
3.456.6
6.594.0
20.687.5
3.007.0
3.803.7
2.962.4
5.052.7
3.087.0
11.483.3
7.410.7
1.950.0
25.734.0
31.600.4
381,5
19.742.4
11.786.0
6.525.0
4.692.1
23.629.1
10,408,0
1.226.5
3.227.0
3.475.6
2.772.6
19,372,9

Highest,

May 118 "Öot.
Ja u .
39 % N ot..
Apr. 17 Apr.
Mar.
2 M ar,.

Ju n e
Feb.
Apr.
P re fe rre d .................................... 1 0 Ó
Nov. :
M ar. :
M ay :
Apr.
Dec.

SEC U R ITIE S.

2.850.0
3.229.0
2,438,9
1.499.0
4.805.4
902.0
4.977.6
210.3
8.847.7
711.6
1.556.1
328,9
560.0
192.4
771.7
283.3
522.2
3.939.0
6.516.5
1.020.5
2.163.8
618.8
3.554.1
879.4
707.7
893.2
3,333,4
695.8
610,11
582.7
941.3
660.0
1.199.0
873.5
278.5
7.307.0
5.010.3
216.5
1.872.7
2.980.0
1.430.0
860,1
4.523.9
1.065.3
227.0
598.0
185.3
397.2
3.062.7
987.9
709.4
483.5
401.7
1.012.3
783.0
358.3
1.511.6
708.0
1.147.0
261.0
1.783.1
738,0
965.9
2.791.7
479,2

Dec. 21.
Bid.

xTllecellaueoue S to c k s .

M issouri—F u n d .............. 1894-1895
N o rth C arolina—6 s, o ld ...........J & J .....
F u n d in g a c t ....................... . 1900
New bonds, J & J ......... 1892-1898
C hatham R R ...................................
1
S pecial t a x , C lass I .......................
1
C onsolidated 4 s ..................... 1910
6 s ............................................... 1 9 1 9
i*24%
S outh C arolina—4 * s , 20-40..1933 1 0 2
6 s, n o n -fu n d .......................... 1888
i%

1.550.0
592.0
1.255.4
1.345.0
1,571,8
525.0
6.519.6
388,6
2,7'i0,4
856.0
471.5
141.6
275.0
130.4
339.2
253.4
61,5
1.696.0
675.4
981.7
1.549.3
596.5
669.3
925.7
245.9
800.3
2.895.5
360.7
623.3
587.3
516.9
342.01
1.676.0
1.049.7
262,0
3.585.0
4.729.8

Indicates actual sales.J

A dam s E x p re s s ........................... 100 [1 4 0 * 1 4 2 * n o
Dec.
A m erican B a n k N ote Co I f . . . . . ___ 45
47
A m erican E x p re s s....................... 100 110 113 108 J u ly
A m er. T elegraph & C a b le ......1 0 0 Í 91
85 Feb.
B runsw ick C om pany.................. 100
1*1 3 * 2 * Oct.
Chic. Ju n e . R y. & Stock Y ard s. 100
87 Oct.
P r e f e r r e d ...................................lo o
ICO Nov.
70
80
50 J a n .
4 * Jau.
128*
140 M ar.
30
33
28 Ja n .
[102
93 Feb.
36 A pr.
25
2 5 * 15 Ja u .
P re fe rre d ............................. ....1 0 0
79*
59 Ja n .
20
22 May
50
60
55 Deo.

M ar.
Aug.
Aug.
Ju ly
A pr.

New York City Bank Statem ent for the week ending
December 15, 1894. We omit two ciphers (00) in all cases.
b a nk s .
(00s omitted.)

(%

Rio G rande W estern p r e f ........ 100
R jm e Wat.& O g densburgh__ 100 [115* 116 1 0 9 *
Sc. Louis A lto i & T er. H a u te ... 100 37
39
20
Toledo P eo ria & W estern .......... 100
15
Toledo St. L. & K an sas C ity H.........
1
2* 2
V alley (N. J.) g u a r .................. ..1 0 0 110

NEW YORK STOCK EXCHANGE PRICES.—STAT7#
A lab am a—C lass A, 4 to 5 ........ 1906
Class B , 5 s ...............................1906
Class C, 4 s ....................
..1 9 0 6
C u rren cy fu n d in g 4 s ............. 1920
A rk an sas—6s, fu n d ,H oL 1899-1900
do. N on-H olford
7s. A rk an sas C e n tr a lR R . . . . . . . .
L ou isian a—7 s, co n s................. x914
S tam p ed 4 s........... .
..................
N ew eo n o ls. 4 s........... ........... 1914

STOCKS.

I n active Stocks .
IT In d ic a te s un listed .

Highest.

R a i l r o a d S to c k s ,

A lb an y & S u sq u ehanna.............100
B elleville & South. 111. p r e f .......100
B o sto n & N. Y. A ir la n e p r e f ..100
B rooklyn E le v ated 1)...................100
Buffalo R o ch ester & P itts b u rg . 100
P re fe rre d .....................................100
B u rl. C edar R ap id s & N o r ......100
C e n tral P acific.............................. 100
C leveland & P itts b u rg ............... 50
D es M oines & P o rt D o d g e....„ .1 0 0
P re fe rre d ..................... . . . ......... 100
D u lu th 8o. S hore & A tla n tic 11.100
P re fe rre d H.................................100
F lin t & P e re M a rq u ette..............100
P re fe rre d ....... ............................100
G eorgia Pacific T ru s t ctfsH ___ 100
G r. Bay Win. & S t.P . t r .r e o ___ 100
P re fe rre d t r u s t r e c ts ............... 100
H o u sto n & T ex as C e n tra l..........100
Illin o is C en tral leased lin e s ___ 100
K a n a w h a & M ichigan.................100
K eokuk & D es M oines................ 100
P re fe rre d .....................................100
L ouisv. E v an sv . & S t.L . C ons. 100
L ouisv. St. Louis & T e x a s ..___ 100
M ahoning C oal....... .................. 5 0
P re fe rre d .................................... 50
M etro p o litan T raction!)............. 100
M exican C en tral....... ................. .100
M orris & E sse x ............................ 5 0
N ew J e rs e y & N. Y ........... ......... 1 0 0
P re fe rre d .....................................100
N. Y. L ack. & W estern ............... 100
N. Y. & N o rth ern p r e f . . . ........... 100
N orfolk & S o u th ern ..................... 1 0 0
P e o ria & E a s te r n ....... .................1 0 0
P itts . F t. W ayne & C hicago___ 100
P itts . & W estern p f .................... 50
R e n sse laer & S a ra to g a ...............100

rvoL, ux,

Fifth*...........
F ir s t..........
F irs t N„ S .I.
14th S treet..
F ourth .......

2000

_

25Ó0
112 125
170
189 * 1 9 0

BANKS.

Rid. A ski
300
116

125

(*Not listed.)

BANKS.
N.Y. Nat. Ex
N in th ........
19th W ard..
N. America.
O riental...
Pacific.......
P ark......... .
People’s . . .
P h en ix ......
Prod. Kx.*.
R epublic....
Seaboard. . .
S econd......
S ev en th ... .
Shoe<& Le’th
S o u th ern ...
Stateof N.Y.

300
155
305 325
H ud. R iver.. 150
Im. & Trad’s’
6Ö0
I rv in g .......... 135
L eather Mfs’ 180 210
500
M anhattan.. 180*
M arket& Fill 210
Mechanics’.. 180 195
M’chs’ & T rs’ 140 165
M ercantile.. 170 200
M erchants’.. 133 145
110
M etropolis.. 400 435 j
Mt. M orris.. 120
Nassau. ... 155 165 1Un’d States
New York .. 230 240 W estern
N.Y. Co’n iy . 515
W est Side*.

Bid. I Ask
100

.125

175
275
266
114

160
240
300*
290
125

116
125

150
172
300

160
174

70
167*
103 Í08*
105
100
180
110

210

THE CHRONICLE.

D ecember 22, 1894. J

1095

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.

Active Stocks.

1f In d icates unlisted.

1S h a r e P r ic e s — n o t P e r C e n tu m P r ic e s .

S atu rd ay ,
Deo. 15.

M onday,
Deo. 17.

413jg 413l6

4 78

4 7e

T u esd ay ,
Deo. 18.
4%

4%

W ednesday,
Dee. 19.
4%

4%
1%

T h u rsd ay ,
Dec. 20.
4%

4%

Bid.

A sk.

F riday,
Dee. 21.

S ales
of th e
W eek,
S hares.

R ange of sales i n 1894.
Low est.

H ig h est

4%

4%
3*8 J u ly 23 16% Mar. 29
A tlantic & Pac.
“
1
I
■50 Aug. 9
1% M ar. 14
64% ‘ 63
B altim ore & Oliio (Balt.). 100 *64
65
*64
65
64% 64% *63%
*63% 65
64% Dee. 19 81 Apr. 9
1 st p re fe rre d
“
100
130% 130%
*130
*128 131 *....... *
125 J a n . 17 131 Deo. 1 4
*
2d p re fe rre d
“
100
*109 ....... 7
*109%
in
i V i * *115
108 J a n . 31 119 May 12
B altim o reT rao ’n (P h il.).. 25 ..... ......
16% 1678 16% 16%
16
16% 15% 16
15% 16%
2,392 13% Aug. 21 17% Nov. 7
Boston & A lbany (Boston). 100 208 2 0 8
208 208
208 208 *207%
208 208
206 208
274 198 J u ly 2 212 Apr. 30
...... 196 D *
Boston & Lowell
“
100 1* ........ 197 * .... 196% 196% 196% V
196% 196% 196%
63 18278 Ja n , 10 199 Nov. 28
Boston & M aine
“
100 * . . . . . 161
158% 159
158 158
159 159
159 159
159 159%
171 126 Ja n . 15 162 Deo. 7
*
C entral of Mass.
“
100 * 1 1 %
1 1 % 1 1 % *11
11% 11%
1
1
%
4
10% Ju ly 24 14% M ar. 10
11%
11%
11%
P referred
“
100 *49%
50
50
*49
50
49
49 *
50
*50
52
68 46 J a n . 3 55 Sept. 6
Ohio. B ur. & Quin. “
Ì0 0 72% 73% 72% 72% 71% 72% 71% 71% 71% 71% 71% 71%
8,037 68% Deo.
84% M ar. 21
Chib. Mil & S t P. (Phil ).100 5878 59% 58% 59% 58% 59
5 7 78 58% 57% 58% 58
58% 10,520 54% Ja n .
67% Sept. 6»
Chic. & W. Mich. (Boston). Ì0 0 *13
17
*11
15
10 J u n e
25% M ar. 13
k
*
*
Cleve. & C anton
“
100
if
%
%
62% Nov. 13
•45 J u n e
*2 % 3
P re fe rre d
“
100
2%
2%
*2 % 3
*2 % 3
*2 % 3
100
2 Feb. 24
3 % Sept. 14
F itch b u rg p ref.
“
100 87*« 87% 87% 87% 87% 87% 87% 87% 87
87% 87
87
272 66% J u n e
88 Deo. 11
H u n t. & B r Top. (Phila,). 50 *34%
34% 34% 34% 34% *34
33
102 29% Apr. 25 37% Sept. 14
P re ferred
“
50 53
53
*52% 53
52% 53
53
5 1
*52% 5 3
88 47 M ay 7 54 Deo. <4
Lehigh V alley
“
50 34 78 35
34% 35
34% 35
35% 36
35
3 4 7s 35
35%
1,542 32% Nov. 24 42% M ar. 13
Maine C entral (Boston). 100 *123 127 *123 127 *123
*123
124 124
*123
1 101 J a h . 16 125 Deo. T
M etropolitan Trac. (P n il). 100 106% 106% 106 106% 10478 105
103% 104
104 105
105% 106
5,595 x96% Ja n . 6 122 A pr. 12
M exican C ent’l (Boston). 100
*6% 7
6%
6%
6%
6%
*6%
7
*6%
7
*6%
7
20
5% J a n . 2
9% A pr. 3
N. Y.&N. E. ,tr. ree. § “
100 31% 31%
3 l 78 32% 32
32% 3 1 78 31% 32
32% 32% 32%
2,494 13% M ay 19 33% Sept. 26
P referì ed,tr.reo.§ “
100 *62% t>3 S, 63% 63% *64
64
64
64% 64% 65
315 124% M ar. 20 66 Sept. 24
*ß«
N orthern C en tral (B a lt.). 50
68% 68%
12 66 J u ly 17 69% Aug. 22
4
N orthern Pacific (Phila.)lQO
4
4%
4%
*4
4%
4 _ 4
4
4
4
4
335
3% J u n e 23
6% M ar. 21
P re ferred
“
100 *17% 18
*17% 18
*17%
*17
18
*L7
IS
18
*17% 18
12% J u n e 25 23% M ar. 31
Old Colony....... (Boston) 100 *179%
179% 180
179%. 179% *179%
180 180 *179 ISO
" Ï 7 3 , 170% J a n . 2 181 Deo. r
P e n n sy lv a n ia . . . (P h ila .). 50 51
51
50 78 51
50% 50 7s 50% 50% 50% 50% 50% 50%
1,651 48 J a n . 5 52% A p r. 7
Philadel. & E rie .
“
50
20% 2û3g
*19
22
147 20% Deo. 21 28% Feb. 1
Phila. & Reading.
“
50
7%
7%
7%
7% 61316 7% 6U i8
7*16 7 1 I 18
7%
7 •
59,050 6 u ie Deo. 20 11% M ar. 12
P h iladelph T rac.
“
50 100% 101
100 100
99% 98
99
99 78 100% 98
9 3 78 99*fi
8,617 t83% J u ly 2 115% Apr. 11
*1
6
Sum m it B ran ch (Boston). 50
4 Dec. 5
7% M ar. 5
“
100 12
Union Pacific__
12
*11% 12
11% 11% *11% 11% *11% 11% * 1 2
12%
6 7s Ju ly 30 22% M ar. 31
k
239
239
United Cos of N .J.(P h ila.)100
*238 239
239 239
239 239
239 239
236
227% Mar. 21 239 Deo. 3W .N.Y.& Pa.tr.ree “
100
*5
6
*5%
6
*5%
6
*5% 6
*5
5%
*5
6
17S J u ly 17
7 Sept. 24
M isc e lla n e o a s S to c k s .
Am.Sug’r Refin. II (B o sto n ).. . .
91% 92% 92
93% 91% 92% 89% 91
88% 90% 89% 91
43,949 75% J a n . 24 11478 Aug. 21
P re fe r r e d . . . . . .
“
....
92
92
92
92
*91
92
91
91
90% 91
91
91%
512 79 J a n . 3 100 Aug. 21
Bell T elep h o n e..
“
100 200 200
200 201
191 200% 189% 193
190 192
190 191
3,620 163 Feb. 26 208% Sept. 28
Bost. & M ontana.
“
25 32% 33
32% 32% 33
33
33
33
33
33
32% 32%
1,568 22 J u ly 21 33% Deo. I d
B utte & B oston..
“
25 11
11
10% 10% *10% 11
11
11
10% 1 0 % *10% 11
7 78 J u ly 23 11% Sept. 20
475
Calum et & H ecla
“
25 *258 290
290 290 ‘288 290
290 290
289 289
290 290
47 265 J u n e 22 302 J a n . 18
C anton C o ....... ... (B a lt ) . 100 90
90
*90
92% *90
92% 91
91 k
92% *90
91
66
J a n . 18 93 Oot. 9100
Consolidated Gas
“
100 65% 66% *65% 66
65 7b 65% 65% 65% k
65% 65% 65%
297 53% J a n . 3 68% Nov. 1
Erie T elep h o n e.(Boston). 100 *52% 53
52% 52% 50% 52% 50
51
50% 50%
51
51
509 42 Feb. 21 56 Oot. 12G eneral E lectric.
“
100 35% 35% 35
35
35
3478 35
35% 35
35% 34% 35%
1,688 30% J a n . 3 45% M ar. 8
“
100 7 0
P re fe r r e d .........
67
67
70
*67
70
*67
*67
70
70
69% 69%
45 56 Ja n . 4 75 M ar. 8
L am sonStoreSer.
“
50 23% 23% *23
23% *23
23% *23
23% *23
23% *23
23%
50 12% Ja n . 2 26 A pr. 7
Lehi’h Coal&Nav. (P hila.) 50 46 % 47
47
47
46 % 47
*46% 47% 47% 47% *47
47%
128 46% Deo. 3 55 M ar. 11
N. E . Telephone (Boston ) 100 66
*66 ........
66
66
67
*66
66
*64
66
30 49 Feb. 28 68 Aug. 14
N orth A m erican (P h il.). 100
4%
4%
4
4
3%
3%
3%
3%
1,123
5% M ar. 19
2% J u n e 27
West E n d L a n d ..(Boston) ... .
21 6 21,
*2lie
2%
9 .5 i l 78 J u ly 3 12% M ar. 2 0
¿ h e 2116 ‘ 21-16 2%
2 iia 2%,
2%6 21X6
6 3d in sta lm e n t paid.
* B id an d asked prices; no sa le wa- m ale.
\ E x rig h ts .
+ Old ce its .

Inactive Stocks.
Prices o f December 21.
A tlan ta & C h a rlo tte (Balt.) .100
).10C
. 5C
C ataw issa..... ... ............
50
1st p r e fe rr e d ...........
5C
2d p re fe rre d __ __
56
C entral Ohio......... .
. 50
Chari. Col. & A u g u sta
106
C onnecticut & P a s s ..(
.100
C onnecticut R iv er . . .
100
D elaw are & B oundB r. (
100
F lin t & P ere M a rq ... (
.100
P referred ________
100
H ar.P o rts.M t.Jo y & L (
. 50
Kan. C’y Ft.S. & Mem. (.
.100
P re fe rre d ......... ........
100
. 50
. 50
. 50
Nesquehoning Val__
50
.100
. 50
.100
. 50
.100
P re fe rre d ..................
‘
100
Seaboard & Roanoke. (Bi
.100
1 st p refe rred ...........
“
100
West E n d ......................(Bos
. 50
P re fe rre d ............. .
50
West J e rs e y ..................(Ph\
. 50
West J ersey & A tla n .
“
50
Wes te rn M a ry lan d ... (Be
. 50
Wilm. Col. & A u g u sta
“
100
W ilmingt’n & W eldon
“
100
Wisconsin C e n tra l...(B o s
.100
P re fe rre d .................
“
100
Worc’st.N ash.& Roch.
“
100

Bid,

A sk.

92
93
250 260
32%
4
50
50
48
50

Inactive stocks.
Bonds—Boston.

Bonds.
P a. & N. Y. Ca., con. 5 s.l9 3 9 , A&O
P erkiom en, 1 st s e r.,5 s .l9 1 8 , Q—J
P h ila .& E rie gen. M. 5 g .,1920, A&O
Gen. m o rt., 4 g ...........1920, A&O
P h ila & R ead, new 4 g., 1958, J& J
1 st pref. incom e, 5 g, 1958, F eb 1
2d pref. incom e, 5 g, 1958, Feb. 1
3d pref. inoom e, 5 g, 1958,F eb. 1
2d, 7 s............................. 1933/ A&O
Consol, m o rt. 7 s ......... 1911, J& D
Consol, m o rt. 6 g . . . . ..1 9 1 1 , J& D
I m p ro v e m e n ts . 6 g ., 1897, A&O
C on.M .,5 g .,stam p ed ,1922, M&N
T erm inal 5s, g ....... .1 9 4 1 , Q.—F.
P hil. R ead. & N. E . 4 s ............. 1942
Incom es, series a ........... ....1 9 5 2
Incom es, series B ..................1952
P h il. Wilm. & B alt., 4 s .1917, A&O
P itts. C. & St. L ., 7 s ....1 9 0 0 , F&A
8 ch u y l.R .E .S id e,lst 5 g.1935, J& D
S teuben. & In d .,lstm . ,5s. 1914, J& J
U nion T erm inal 1 st 5 s...........F&A
W arren & F ra n k .,1st,7s,1896,F&A

A t.X op.& 8.F.100-yr.4g.,1989, J & J * 64
64%
2d2% -4s, g., Class A ..1989, A&O * 17% 17%
B oston U n ited G as 1 st 5s...........
§ 78% 79
2d m o rt. 5 s............................. 1939 § 57
59
B url. & Mo. R iv er E x e m p t 6s, J & J f l l5 % 116
N on-exem pt 6s...........1918, J & J 2105 106
P la in 4 s.......................... 1910, J & J § 95
96
Chic. B url. & N or. 1 st 5,1926, A&O §103% 103 %
131% 132%
2d m o rt. 6 s . . . . . . .....1 9 1 8 , J& D § 99 100
240 250
D eb en tu re 6 s............1 8 9 6 , J& D § 98
99
94
Chic. B url.& Q uincy 4 s ..1922, F&A § 93
11
13
Io w a D ivision 4 s .....1 9 1 9 , A&O § 96% 100
35
37
Chie.&W.Mioh. gen. 5s, 1921, J& D § 70
72
86
Consol, of V erm ont, 5 s .1913, J & J § 86% 86%
12
15
85
C u rre n t R iv er, 1 st, 5 s ..1927, A&O § 80
60
70
D et. L ans. & N or’n M. 7 s .1907, J & J * 60
65
68% E a ste rn 1 st m o rt 6 g .l9 0 6 ,M & S .. §121 123
E ree.E lk. &M. V .,lst, 68.1933, A&O §127 127%
70
U nstam ped 1st, 6 s ....1 9 3 3 , A&O §125 126
85
90
100 % 100 %
86
f 56
57
7
8
;123 124
BondSi—Baltimore.
Rock & F t. S., 1 s t,7 s . . 1905, J& J Î 91
A tla n ta & C hari., 1 st 7s, 1907, J feJ
95
2
2% ,ouis.,E v.& S t.L .,lst,6g.l926,A & 0 ¡104 104%
Incom e 6 s .. . . . . . . . . . . 1 9 0 0 , A&O
71
73
2m ., 5—6 g ..................1936, A&O Ì 90
B altim ore B elt, 1st, 5 s .1990, M&N
95
¡103 104
B altim ore & Ohio 4 g ., 1935, A&O
P itts . & Conn., 5 g ...l 9 2 5 , F&A
¡ 54% 54%
58
58 %| 1 st oonsoLinoom es, 3 g, non-cum.
10 % 13
S ta te n Islan d , 2d, 5 g.1926, J& J
2d consol, incom es. 3s, non-cum .
85
85%
5
Bal.&Ohio S .W .,lst,4% g.l990, J& J
7
. Y. & N .E ng,, 1 st, 7 s ,1905, J& J ’117% 118
55
55%
C apeF .& Y ad.,S er.A .,6g.l916, J& D
23
1 st m o rt. 6 s ..............1 9 0 5 , J& J '111% 112
Series B ., 6 g ....... .....1 9 1 6 , J& D
2d m o rt. 6 s ................1 9 0 2 , F&A *104 104%
S eries C., 6 g .............1 9 1 6 , J& D
......... )gden. & L .C .,C o n .6 s...1920,A&O §101% 102
Cent. Ohio, 4% g . . . . . . . . l 9 3 0 , M&S
In c. 6 s ....... .................... . . ....1 9 2 0
C hari. Col.&AUg. I s t 7 s .l 8 9 5 , J& J
20
3% tu tla u d , 1 s t,6 s ............. 1902, M&N § ï ï ô % 112
3
Ga. Car. & N o r .l s t 5 g ..l9 2 9 , J& J
25
2d, 5 s............................. 1 8 9 8 ,F&A 5101% 102 N orth. C ent. 6 s ................ 1900, J& J
120 123
6 s..................................... 1904, J & J
Bonds.—Philadelphia
MISCELLANEOUS.
Lllegheny V al.,7 3-lOs, 1896, J& J 106%
Series A, 5 s.............. ...1 9 2 6 , J& J
Allouez Min’g, asstp d fB o s
25 •30
•50
103%
4 % s................................ 1925, A&O
A tlantic M ining. . . . . .
“
10% 11%
iÖ9%
25
P ie d m .& C u m .,lst, 5 g .l9 1 1 , F&A
72
<
114% i Ï 5 ’ P itts . & Connells. I s t 7 s .l 8 9 8 , J & J
25 70
115%
50 10
10% 1
V irginia M id., 1 st 6 s ... 1906, M&S
Boston L a n d ..................
ft
4
4% i
10
2d Series, 6 s .................. 1911 M&S
Centennial M in in g ...
“
10
Í2 8 ”
3 d Series, 6 s ................ 1916, M&S
%
% :
......... :
E lectric T ractio n ___(P hila.). 50
108
4 th S eries, 3 -4 -5 s ..... 1921, M&S
......... ]
Do
rig h ts
“
118
5 th Series, 5 s ...............1926. M&S
2
F ort W ayne E le c t.H ..(Boston). 25
101 % 102
2% 1
W est V a C. & V. 1 st, 6 g.1911, J& J
F ran k lin M ining____
“
25 14% 15
]
110 %
WePt’E.N.C. Consol. 6 g.1914, J& J
5
2
Frenchm ’n ’sB ay L ’d .
“
2d 6s, gold................... 1897, J& D 107
W ilm. Col. & A ug., 6 s .. 1910, J& D
1%
Illinois s t e e l .,............
“
100 40
G eneral m o rt. 4% s, g .l9 2 4 ,Q —F 104%
45
MISCELLANEOUS.
K earsarge M in in g ....
“
25
7
7% i
103% 103% B altim ore—City H a ll6 s .1900, Q—J
M onis C anal guar. 4 . (P h ila ,). 100
75
1
107% j .......
F u ndingO s.............1 9 0 0 , Q—J
P re ferred g u ar. 10 .
•*
100
200
2d 7 s........................................ 1910, M&8
1348)1135%
W est M aryl’d S K , 6 s ..1902, J& J
Osceola M ining.......... (Boston). 25 22
22%
Consol. 6 ................................. 1923, J&121
D
W ater 5 s ......... ............1916, M&N
Pullm an P alace C a r.
“
100 154 L55% £fo rth P en n . 1 s t, 7 s . . . . 1896, M&N 104
F u n d in g 5 s . . . . . . . ....1 9 1 6 , M&N
Quincy M ining...........
“
25 99
99%
G en. M. 7 s....... ........ ...1 9 0 3 , J & J 125
E x ch an g e 3% s............. 1930, J & J
T am arack M ining.. . .
“
L52 1•ennsylvania g e n .6 s , r..l9 1 0 , V ar 131%
25 151
V irginia (State) 3s, n e w . 1932, J & J
U nited G as Im p t....... (P h ila ,).
73
73%
Consol. 6s, o
...........1 9 0 5 , V ar 118 120
C hesapeake G a s ,6 s .....1 9 0 0 , J& D
Water P o w er...............(Boston). 100 •75
•90
Consol. 5s, r ........... ....1 9 1 9 , V ar 115
Consol. G as, 6 s . . . . . . ....1 9 1 0 , J& D
Westingh. E lec. & M ..
“
50 32% 33%
C ollât. T r. 4% g _____ 1913, J&I>¡ 108
5 s ..................................... 1939, J & J
E quitable G as. 6s
..if tia . 4
P ref., c u m u la tiv e .
“
50 £.0%' 51% ‘ I >a. & N. Y. C a n a l.7 s ... 190«. r * n ' 104
' P rice includes o v erdue coupons.
1) U nlisted.
4 And accru ed interese
t L a s t p rice m is week.




Bid. A sk.
108% 109
Í17%
102
74%
25%
17 3s
13%
117

118%75
26%.
17%
14
128

......... 105
98
98%
106

101 %

116
110
109
97

116%
100

122 123
104%
104 ¡104%
102 ....... :
109

103% 104
89
90
113
117 120
115
99%
111%
117
117%
113

112
.........
117%
114%

Ï0 3 ” 1103%
106% 106%
114% 115

.........
121% 122
Í02%
74
107%
117
107
112

Ï0 3
75
107%
118
108

THE CHRONICLE.

1096

[V ol. LIX.

NEW YORK STOCK EXCHANGE PRICES (C ontinued)-.4C T IF# BONDS DEC.
(j losing R ange (sales) in 1894.

21

AND FOB YEAR 1894.

Closing Range (sates) i n 1894.
Misc e l . B onds . In ter’t P rice
Period Pec. 21.
Lowest.
Highest.
Alicer. Cotton. Oil, deb., 8 g .l9 0 0 Q—F 1 112 b. I l l Feb. 115 J u ly Mo. P ac.—1 s t,con., 6 g ___1920 M & N 97%b. 87 Ja n . 101% Apr.
3d, 7 s . . . . . . . ...................... 1906 M & N 108 %b. 103 Ja n . 112 A pr.
At.Top.«fe S.F.—100-yr.,4g .1989 J «fe J | 6 4 14
64 Dec. 77% Ju n e
P ac. of Mo.—1st, ex., 4 g.1938 F «Ss A 102 %b, 95 Ja n . 102 14 Dec.
17% Dec. 38% M ar.
2 d 3-4s, g., Cl. “ A” ...........1989 A «fe O 17%
2d e x ten d ed 5s ............. 1938 J «Ss J 108
F «fe A 20 b. 18 J u ly
32% M ar.
99 Ja n . 108 O c t
St.L. «felr. M t.ls t ex t., 5s. 1897 F «Ss A 103 b. 100% Feb. 103% M ay
44 b. 40% Oct.
53% Apr.
2d,
7 g .............................. 1897 M «Ss N 105%b. 102 Ja n . 109 Apr.
3 a.
J «fe J
6% M ar.
2% J u ly
Cairo Ark. & T ex as,7 g.1897 J «Ss D 101 a. 97 M ar. 103% M ay
A «fe O 89 %a. 80 Nov. 107 • Ja n .
B rooklyn E lev .—1
G en.R ’y <fe la n d g r.,5 g .l9 3 1 A «Ss O 78 %b. 71 Ja n .
M «fe N 87 %a. 79% Nov. 99% A pr.
U n io n E levated.83% Sept.
J «fe J 112%b. 1.05% Ja n . 114 Dec. M obile <fe Ohio—New, 6 g ..l9 2 7 J «Ss D 116%b. 111% Ja n . 120 O c t
C a n ad a Southern.G eneral m ortgage, 4 s ___1938 M «Ss S 66
M «fe S *105 %b. L02 Ja n . 106 J u ly
67 Nov.
57% Ja n .
55 a. 32 Ja n . 56% Nov. Nash. Ch. <fe St. L.—1st, 78.1913 J «Ss J 136 b. 1 2 5 3 3 Ja n . 135 Dec.
Consol., 5 g ....................... 1928 A «Ss O 100 %b. 98 Ja n . 102 J a n .
Q - J 112 %b. 112% Ja n . L15% Ju n e
M «fe N 120 b. 121 Feb. 124 Apr. N at’l S tarch Mfg.—1st, 6s. 1920 M «Ss N
88 J a n .
98% O c t
J <fc J 115 b. 110% Ja n . 117% Aug. N.Y. C entral—Deb. ex t. 4 s. 1905 M «Ss N 10234b. 101% Ja n . 104% A pr.
1st, coupon, 7 s .................. 1903 J «Ss J 127 b. 123 J a n . 128% Ju n e
Q -M 106 b. 105 Ja n . I l l May
D eben., 5s, coup., 1 8 8 4 .. 1904 M «Ss S 109 b. 106% Sept 110 Feb.
M «fe N 98 a. 100 Feb. 103% Mar.
N. Y. <fe H arlem , 7s, reg .1 9 0 0 M«Ss N *117%b. l l6 % Ja n . 12234 O c t
J <fc J 116%a. 108% Ja n . 116% Dec.
Am . D ock & Im p ., i
R.W . <&Ogd., consol., 58.1922 A «Ss O 119
J «fe J 106 b. 102 Ju ly 107 % Apr.
C e n tra l Pacific.—Gol
113% J a n . 119% Dec.
W est Shore, g u ar., 4 s ___2361 J «Ss J 106% 100% Ja n . 106% Deo.
A <& O 119 b. 114% F eb. 120% Aug.
Ches. & Ohio.—Ser. À
A «fe O 120
115% J a n . 120 Dec. N. Y. Chic. & St. L.—4 g . . .1937 A «Ss O 102 %
97% Ja n . 102% Dec.
M<& N 108 a. 101% J a n . 110 S e p t N. Y. E le v ated —7 s ............ 1906 J «Ss J 111 %: 108% J u ly 113 J u n e
M«fe S 75
70% Ju n e 78% Aug. N. Y. Lack. & W —1st, 6s. 1921 J «Ss J 135 b. 127% Ja n . 134% Nov.
C onstruction, 5 s ...............1923 F «Ss A 11634b. 110 Feb. 116% Nov.
95 %b. 84 Ja n .
J «fe J
96% O c t
87%b. 78% Ja n .
J <& J
89 Oct. N.Y.L.E.&W.—lst,c o n .,7 g .l9 2 0 M «Ss 8 *130 b. 131 Dec. 137 A pr.
2d consol., 6 g .................. 1969 J «Ss D t 64% t6 4 Dec. 86 M ar.
M «fe S 99%b. 96 J a n . 101% Sept.
Long Dock, consol., 6s,g. 1935 A «Ss O 130%b. 125 A pr. 130 Nov.
J «fe J 124 b. 119 J a n . 124% Nov.
M «fe N 99 b. 97 Feb. 102 A pr. N. Y. N. H . & H .—Con. deb. ctfs A «Ss O 138
131 Oct. 140 Nov.
M<& S 103- b. 101% J a n . 105 Apr. N. Y. Ont. & W .—R e f.4 s ,g .l9 9 2 M «fe S 88 %
82 14 J a n .
88% Aug.
Consol., 1st, 5s, g ............. 1939 J «Ss D 111% 107 Ja n . 112% Dec.
F <& A 93 %b. 90% Feb. 94% A pr.
M«fe N 88 %a. 85% J a n .
92% Apr. N.Y.Sus.&W.—ls tr e f .,5 s g .l9 3 7 J «Ss J *108 b. 103 J u ly 109% O c t
M idland of N. J ., 6s, g. ..1 9 1 0 A «Ss O *119%b. I I 534 A pr. 119 S e p t
M<& S 120
115% J a n . 120% Nôv.
J «fe D 116% 111% J a n . 118 M ay Norf. <feW —100-year, 5s, g. 1990 J «Ss J
63%b. 74% Apr. 74% Apr.
Md.«fcWash.Div.—1st,5 g .l» 4 1 J «Ss J
A «fe O *126 a. 118% J a n . 124% Dec.
76 Oct.
81 Apr.
M«fe N 95
94 Dec. 101% A pr. No. Pacific—1st, coup., 6 g.1921 J «Ss J 116 %"' 105% Ja n . 116% Dec.
G eneral, 2d, coup., 6 g. 1933 A «Ss O 89 b. 71% J u ly
M«fe N 85
85 Dec. 100% A pr.
89% Sept.
G eneral, 3d, coup., 6 g ..l9 3 7 J «Ss D 60 a. 46% J u ly 64% Apr.
24% a. 26 NoV. 35% Apr.
Oct.
In co m e,
Consol, m ortgage, 5 g ...l 9 8 9 J «Ss D 27%
93 %a. 82 A pr. 94 Növ.
J «fe J
Chic. G as I .«feC.
2234 Aug.
34% Mar.
Col. t r u s t gold notes, 6s. 1898 M & N 7S32a. 74% Oct.
J «fe J *132%a. 126 Feb. 131 Oct.
80 Sept.
Chic. & N. P ac., 1st, 5 g .1940 A «Ss O t 40% 138% Oct.
J & J 119%a. 112 Ja n . 119% Dec.
48% Apr.
Seat. L. S. <fe E ., 1st, gu.6.1931 F «Ss A 44
) J «fe J 119%a. 111% Ja n . 119 Dec.
55 Apr.
t4 0 Ja n .
J «fe J *113 b. 107 Ja n . 114 Dec. No. Pacific & M ont.—6 g ..l9 3 8 M «Ss 8 1 34
25 J u ly 39% S e p t
5 J «fe J *107%a. 101% Ja n . 108% J u n e No. Pacific Ter. Co.—6 g ... 1938 J «Ss J
99 b. 93 J u ly 101% May
J «fe J 109 b 104 J a n . 110 Dec. Ohio <&M iss.—Con. s. f., 7s. 1898 J «Ss J 110%b. 106 J a n . 112 Ju n e
Consol., 7 s ......................... 1898 J «fe J 110%b. 106 Ja n . 111% Ju n e
: J «fe J l l l % b . 105 Ju ly I l l Nov.
)
J
«fe J * 91%a. 89% Aug. 92% Ju n e Ohio Southern—1st, 6 g ...l 9 2 1 J «Ss D 92 b. 88 Aug. 9934 Nov.
Gen. M., 4 g., series A.
G eneral m ortgage, 4 g..,1921 M«Ss N 45 b. 35 J u ly 52% Nov.
J «& D 118%b. 112% Ja n . 120% Oct.
Mil. & N or.—1st, con., €
Q—F 142% 138 Ja n . 143 O c t O m aha <fe St. Louis—4 g ..,1 9 3 7
«Ss J
45
50 Apr.
140 Oct.
«Ss D 95 b, 92% Ja n . ÌÒ 634 S e p t
2 J «fe D 121
121 Ju ly 127 May- Oregon Im p r. Co.—1st, 6 g.1910
Consol., 5 g ................... ...1 9 3 9
«Ss O 50
) A & 0 120 b. 116 Ja n . 121 Apr.
46 Ja n .
65% Sept.
«Ss J l l l i s a . 101 Ju n e 112 Dec.
) A <fe 0 110% 107% M ay 112 Mar. Ore. R .& Nav.Co.—1st, 6 g.1909
Consol., 5 g . . . ...................1925
3 M «fe N
«Ss D 75
106% Ja n . 112% Apr.
60 Ja n .
76% O c t
«Ss J 112 %a. 06 Ja n . I I 3 14 M ay
3 M «fe N 106 b. 104 Ja n . 109 Apr. P enn. Co.—4*3 g., coupon. 1921
«Ss J
3 F «fe A 103 a. 97 Ja n . 103 Oct. Peo. Dec. <fe E v a n s v. —6 g.1920
94 b. 74 Ja n .
96 Dec.
E vansv. D ivision, 6 g . . . 1920 M «Ss 8 97 a. 74 M ar. 95% Nov.
7 J «fe J *130%b. 123 Ja n . 131 Dec.
Ohic.R.I.<fePao.2d m ortgage, 5 g............1 9 2 6 M«Ss N 2 53 3 b. 19 Ja n .
1J «fe J 104 %b. 97% J a n . 104% Dec.
29 Oct.
. M<& g 91 b. 88% Sept. 95 Feb. Phila. <fc R e ad .—Gen., 4 g.1958 J «Ss J
75
67% Ja n .
80% S e p t
1 st p ref. incom e, 5 g....... 1958
3 J «fe D 127
2633
119% Ja n . 129% Oct.
24 Dec. 39% Mar.
2d pref. incom e, 5 g ....... 1958
85 a. 70 M ar. 85 Dec.
7 J «fe J
1733
d e v e la n d & C anton.14% Dec. 27% Mar.
3d pref. incom e, 5 g ....... 1958
1 J «fe D
13%
11% Dec. 21% Mar.
83 %b. 7 9 3 3 Nov. 88 Apr.
«Ss J
G ener a l consol., 6 g . . . . .19344 J «fe J 121 b. 117 Ja n . 123 Oct. P ittsb u rg & W estern—4 g.1917
Rich.
<feD anv.—Con., 6 g ..l9 1 5
<& J 12134b. 106% J a n . 121% Dec.
78 â» 69 Aug. 84% Apr.
O.O.C.&St.L.—Peo.«feE.,4s.l940(3 A «fe 0
) A pril. * 18 a. 15 J a n . 20 Apr. Rich.& W .P.T er.-T rust, 6g. 1897 F «Ss A
In c o m e ,4 s . . . ................ “
t4 0 J a n . 170% Sept.
Con. 1 st & col. tr u s t, 5 g.1914 M «Ss 8
) F <& A * 96%b. 93 Oct. 100 M ay
Col. Coal & Iro n .—6 g —
Ja n . 135% Sept.
L M «fe S 90% a. 81% M ay 94 Aug. Rio Gr. W estern—1st, 4 g.1939 J «Ss J
69%
Ju ly 7134 Nov.
4 J «fe D 89 b. 85% Aug. 94% Aug. St. Jo . <fe Gr. Isla n d —6 g .,1 9 2 5 M«Ss N 59 a.
Dec. 69% Apr.
) M «fe N 114%b. 113 M ay 115% Oct. St. L. & San F r —6 g., C1.B.1906 M «Ss N 114%
Ja n . 114% Dec.
6 g., C lass C ....................... 1906 M«Ss N 1 1 4 1 4 b.
5 J «fe J
82%
71 Ju ly 83% Nov.
Ja n . 114% Dec.
G eneral m ortgage, 6 g ..l9 3 1 J «Ss J 102 b.
20 b. 22 Aug. 27% Apr.
[A fe O
Ja n . 105 Dec.
7 J «fe J 101 b. 93 Feb. 102 A pr. St. L. So. W est.—1st, 4s, g.1989 M«Ss N 62
J u ly 62% Dec.
2d, 4s, g., in co m e............ 1989 J «Ss J
> M«fe N 104%
18 b.
86% Ja n . 107 Oct.
Aug. 20% Apr.
5 J «fe J 114%b. 96 Ja n . 115% Dec. St.P.M.&M.—D ak.E x., 6 g. 1910 M «Ss N 118 %b 115% J a n . 121 Apr.
1 st consol., 6 g .................. 1933 J «Ss
LJ «fe D 73 %b. 66 J a n . 79% A pr.
120 b. 115 Ja n . 122 Mar.
“
reduced to 4*2 1 J «Ss
e M & N 90 b. 90 M ay 93% O c t
102%
97% Ja n . 102% Dec.
M ontana E x te n sio n , 4 g.1937 J «Ss D 8 514 b. 84 Ja n .
¿ J «fe D 92
68 J a n . 95 Aug.
89% Apr.
L A «fe O 62
57%
60 J a n . 66% Sept. S an A n t.& A .P .—ls t,4 g .,g u .,’43 J «Ss J
50% J a n .
59% Apr.
2 A «fe O
92 b, 88 Ju ly 94% J a n .
100 Feb. 103 Sept. So. Pacific, A riz.—6 g .. 1909-10 J «Ss J
Illin o is C entral.3 M<& IS 99
95% Feb. 101% Apr. So. Pacific, Cal.—6 g. ...1 9 0 5 -1 2 A «Ss O 109 b, 104 Ju ly 109% Dec.
4s, g ....... .........
1 st consol., gold, 5 g ....... 1938 A «Ss O
9 M«fe N 118 b. 109% Aug. 118 Dec.
85% M ay 98 Apr.
9 M «fe g 71
60 Ju ñ e 72 Dec. So. Pacific, N. M.—6 g ....... 1911 J «Ss J 10 3 3 4 . 94% Ju ly 103 O c t
8 J «fe D 86 a. 86 Ja n . 95 A pr. S outhern—1 st cons, g., 5s. 1994 J «Ss J
86% Nov. 91 Dec.
90%
68 b. 65 Dec. 85 A pr. Tenn.C. I. <feRy.—T en .D .,lst,6 g A «Ss O 79 %a. 74 Nov. 85% Apr.
5 J «& J
K in g s Co. E lev.B irm ingham D iv., 6 g ..,1 9 1 7 J «Ss J
9 Q—F
90 b. 81 Ja n .
83%
94 Dec.
77 Ja n .
87 Apr.
7 J <& J 116 b. 110% J a n . 116% Dec. T exas & P acific—1st, 5 g ..2 0 0 0 J «Ss D 87
72% Ja n .
90% Nov.
2d, incom e, 5 g.................. 2000 M arch
25%
3 J «fe J 120 b. 116% Oct. 121% M ay
L . Shore.—Co:
28% Aug.
17% Ja n .
3 J «fe L 122%b. 122 Ja n . 127 Nov. Tol. A n n A r. <fe N. M.—6 g.1924 M «Ss N 75 b. 55 M ar. 86% Oct.
Consol. con
L ong Is la n d a
1 Q - J 117%b. 113 Ja n . 118 Oct. Toledo <fe Ohio Cent.—5 g.1935 J <& J I l l b. 103% J u ly 111% Dec.
i J «fe D 96%
74%
68 J u ly 84% Mar
93% Feb. 99% M ay Toledo Peo. «fcWest.—4 g.1917 J «Ss J
8 A «fe C 109 %b. 108 O c t 113% M ar. Tol. St. L. & K an. C.—6 g ..l9 1 6 J <& D t 6 0 14 b. 155% Aug. 164 Apr.
3 J & J 120 b. 112% J a n . 120 Sept. Union Pacific—6 g ...............1899 J «Ss J 10634b. IO 334 J u n e I l l Apr.
E x t. sin k in g fu n d , 8 ........ 1899 M «Ss 8 97%b. 90 Ju n e 103 Feb.
3 J «fe J 107 a. 97 J a n . 110 Aug.
C ollateral tru s t, 4% ........1918 M «Ss N 40 a. 40 M ay 49 Ja n .
3 J «fe D 117 a. 109% Ja n . 119% Nov.
Gold 6s, col. t r u s t n o tes. 1894 F «Ss A 87%
76 %b 71 Ju ly 79 Sept.
82 J a n .
92% Apr.
O J «fe J
K an. P ac.-D en. Div., 6 g.1899 M «Ss N 106 b. 01 Ja n . 109 May
7 F <& A 90 a. 76 Feb. 91% Aiig.
1
st
consol.,
6
g
...............1919
M«Ss
N
84
b
72
Ju
n
e
82
Ja
n
.
75
%b,
97 Mar.
85
M
ay
K en tu ck y C entral. 7 J «fe J
O regon S h o rt L ine—6 g.,1922 F «Ss A 8814
92% Mar.
75 Ja n .
3 J «fe J 109 %b 107% Nov. 113% M ar.
Louis. N. A. & Ch.—l s
O
r.
S.L.
«feUt’hN.—Con.
5g.
1919
A
«
S
s
O
40
J
u
ly
S
A
«
fe
C
97
a
83
J
u
n
e
100
Mar.
47
b,
56% Apr.
Consol., 6 g ...............
U .P.D en.& G ulf.con., 5 g.1939 J «Ss D 39 %b 31% J u n e 48% Apr.
7 F <& A * 50 b 55 Ju ly 61 A pr.
L ouis. St. L. «fe Texas.U.
S.
Cord.—1
st
col.,
6
g
..l
9
2
4
J
«
S
s
J
63%
95
b
62%
Dec.
87% J une
0 A «fe C
93% Ja n .
99% Aug.
70 Ja n .
116 Ja n . 122 Oct. V irginia Mid.—Gen.M., 5 s .1936 M & N 96
99 O c t
8 J <& J 122
9 M<& ï 107% 107 Ja n . I l l A pr. W abash—1st, 5 g ................. 1939 M «Ss N 104%b 102 Ja n . 107% Apr.
2d m o rtg ag e, 5 g...............1939 F «Ss A 70
2 M <& ï 121 b 119% M ay 124% Mar.
79 Apr.
65% Oct.
Mioh. C entiD ebent. M., series B ....... 1939 J «Ss
2 M«& ï 106 %b 106 M ar. 109 Sept.
2 2 a. 21
Mar. 28% Apr.
1 M & I 130 b 124 Ja n . 131% Dec. W est. N. Y. & P a .—1st, 5 g.1937 J «Ss
105 b. 97 Ju ly 105 Dec.
2d m o rtg a g e ..................... 1927 A «Ss O t 24%b. 18% Feb. t2 6 Aug.
9 F <& A 114%b 105% Feb. 113% Nov.
1 1 0 a. 103
84%
Ja n . 110% Dee.
2 A «fe 0
76 J u ly 84% Dec. W est. U n. Tel.—Col. tr .,5 s .l9 3 8 J «Ss
0 J «fe D 81
77% Aug. 83% Nov. Wise. Cent. Co.—1st, 5 g ..l9 3 7 J «Ss * 52 b. 50% Aug, 76% Mar.
Incom e, 5 g ....................... 1937
18 F eb.
0 F «fe A 46%
7 b.
6 % Oct.
38 J u ñ e 48% Apr.
2ÜOTE.—“ b ” in d icates p rice bid ! “ a ” price a sh ed : th e ra n g e is m ad e up from a c tu a l sales only. * L a te st p rice th is w eek, t T ru s t receip ts.;
R ati roa it akd M is c e i » B onds . In ter’t \
P eriod JDec. 21.

Lowest.

R ailroad

and

Highest.

NEW YORK STOCK EXCHANGE PRICES—[Continued).—/VACTIF2?
S E C U R IT IE S .

Bid. Ask.

Railroad Bonds.
(Stock E xchange Prices.)
A labam a Mid.—l e t , g., g u a r ..1928
a . T. «Ss S. F —2d, 4s, C lassB .1 9 8 9
Col. Mid. 1st, g., @s............ 1936
Atlantic & D anv.—1 st g., 6 s .. 1917
Atl. A P ac.—2d W. D., gu. 6 s,. 1907
B alt. A Ohio—1 st, 6s, P a r k B .1919 118
»•. gold....... .........................1 9 2 5




SEC U R ITIE S.

B. & O.—Oons. m orti, gold,5s 1988
W. Va. «fe P itts .—1st, g., 5 b. 1990
B . A O. S. W., 1 st, g., 4% s.. 1990
M onon. R iver, 1 st g.,g. 5 s .. 1919
92
C ent’lO hio R eor.—1st, 4%s 1930
Ak.«fe C h.Juno.—ls tg ,5 s ,g u 1930
7 Ï"
Bost. H . T un. «fe W.—Deb. 5s. 1913
Brooklyn E lev ated —2d, 5 s ... 1915
B runsw ick <fc W’n —1 st, g. 4s, 1938
113% Bufi. Ro h. «fe P itts.—G en., 5s, 1937

B id. Ask.

B O N D S -D E C E M B E R 2 1 .
SEC U RITIES.

Bid.

Ask.

....... B.R.«feP.—Roch. <fe P ., 1 st, 68.1921 124%
121%
Roch, «feP itts.—Cons. 1st, 6S.1922
Burl Ced. R ap. «feNo.—1st, 5S.1906 106
108
Consol. <fe collât, tr u s t, 5 s ...1 9 3 4 *
97
*1 0 2 %
M inn. <fe 8t. L.—1st, 7s, g u .,1 9 2 7 *130
103
Io w a O. <fe W e s t—1st, 7 s__ 1900
107
10 1%
Ced. R ap. I . F . «fe N., 1 st, ès.1920
65
1st- 5s m m
1921 85
90
*6 8
75
O.Ohio—Co"î"."<fecin.M"ist4%s".1939 ___
97% P e n t RR . <fe, Frfiuk.—Col, g,58.19371 *98
97

*115

D ecembeb 22, 1694. J

THE CHRONICLE.

NEW Ï0R K STOCK EXCHANGE PRICES.— I N A C T I V E

■

B O N D S — { C o n t i n u e d ) — DECEMBER

1097
21.

SEC U R ITIE S.
B id. Ask.
SEC U R ITIE S.
B id. Ask.
SEC U R ITIE S.
B id. Ask.
Cent, of N. J . —Conv. deb., 6 s .1908
Gal. H a r. A S an A nt.—1st, 6 s. 1910 97
N
orfolkA
W
est.—G
eneral,
6
s
.1931
118
C entral .Pacific—Gold b d s, 6 s, 1895 103*4
2d m o rt., 7 s ........................... 1905 100
N ew R iv e r 1 st, 6 s..................1932
Gold bonds, 6 s ....................... 1896 104
Ga. Car. A N or.—1st, gu. 5s, g.1929
Im p. A E x t., 6s.......................1934
Gold bonds, 6 s . . . . . ............... 1897 104*4
Ga. So. A F la.—1st, g. 6 s.__ .1927
A d iu stm en t M., 7 s ................ 1924
San Jo a q u in B r., 6 s ...............1900 106*4
G rand R ap. A In d .—Gen. 5 s „ 1 9 2 4
30
E quipm ent, 5s......................... 1908
M ort. gold 5 s........................... 1939
G. B. W. A St. P .—1st, con. 5s. 1911
60
C linch Val. 1 st 5 s.................. 1957
L an d g ra n t, 5s, g....................1900
2 d in c , 4 s ................................ 1906
6
10
RoanokeASo.—1st, gu. 5s, g.1922
Cal. A O. D iv., e x t., g. 5 s ...1 9 1 8
H ousatonic—Cons, gold 5 s.. „ 1 9 3 7 119
Scioto
V al. A N. E .—1 s t,4 s,.1990
74%
W est. Pacific—Bonds, 6 s ___1899 10634
N .H av en A D erb y , Cons.5s.. 1918 114
Ohio A Miss—2d consol. 7 s. „ 1 9 1 1 117*4
No. R ailw ay (Cal.)—1st, 6 s .1907
Hous. A T . C.—W aco A N. 7S..1903 106
Spring.D iv.—1 st 7 s................1905
....... .
50-year 5 s .............................1938 90
1 st g., 5s (int. g td i.................1937 106
G eneral 5s............................... 1932
Cbes. A O.—P u r. M. fu n d , 6 s. 1898 109
Cons. g. 6s (int. g td ).............1912 101
Ohio R iv er R R .—1st, 5 s.......... 1936
98
o ra ig Valley—1st, g., 5 s___1940 *94
97*4
D ebent. 6s, p rin . A in t. gtd.1897
93
Gen, g .,5 s ................................1937
W arm Spr. V al., 1 st, g. 5 s .. 1941
D ebent. 4s, p rin . A in t. gtd.1897 83
85
O regon A Califor.—1st, 5s, g.1927
75
82
Ohes. O. & So.W est.—1 st 6 s, g.1911 112
Illinois C entral—1st, g., 4s ...1 9 5 1 108% 110*4 Oreg. R yA N av.—C ol.tr. g ..5 s.l9 1 9
50
55
2d, 6 s ................................... ..1 9 1 1
1st. gold, 3*48......................... 1951 98
Penn-P.C.C.ASt.L.Cn.g.4*4sA 1940 106 107 *3
Ob. V.—G en .co n .lst,g u .g ,5 s.l9 3 8
Gold 4 s . . . . , .............................1953 98*4 99
Do
do
Series B ......... 10578 106*4
Chicago A A lton—S. F ., 6 s . . . . 1903 115*s
Cairo B ridge—4s.................... 1950
•j¡
P .C .A S .L .-Ist,c.,7s.................1900 *116
boms. A Mo. R iv er—1 st, 7S.1900 116*®
S pringf. D iv.—Coup., 6 s___1898 106
P itts. F t. W. A C.—1st, 7S...1912 142
2d, 7 s ........................
1900 107*4
M iddle D iv.—R eg., 5s...........1921 115
1912
2d, 7 s .................
St. L. Ja c k s. & Chic.—2d, 7S.1898 107*4
C. St. L. A N . O.—Ten. 1.,7 s .1897 1085s
3d, 7 s ......................
1912 130
Mlss.R. B ridge—1st, s. f., 68.1912 105*«
1st, consol., 7 s..................... 1897 108%
Ch.St.L. AP.—lst,co n .5 s,g . „ 1 9 3 2 114
l hlo. B url. & Nor.—1st, 5 s . . ..1 9 2 6 1 0 4 r
2d, 6 s....... .............................1907
Clev. A P .—Cons., s. fd., 78.1900 ’117*4
d e b e n tu re 6 s ................. ........ 1896
99
Gold, 5s, c o u p o n .................1951 115*4
Gen. 4*48, g., “ A” ............. 1942
Ohio. B urling. A Q.—5s, s. f„ 1 9 0 1
M emp, D iv., 1 st g. 4 s ___.1951
St. L.V. A T . H .—1 s t ,6 s .,7 s .1897 109
Io w a D iv.—Sink, fu n d , 5 s .. 1919 108 109*4 Ced. F alls A M inn.—1st, 7s. .1907 108 110
2d, 7 s..................................... 1898
108%
Sinking f u n d ,4 s .................. 1919 99%
In d . D. A S pr.—1 st 7s, ex. cp.1 9 0 6
2d, g u ar., 7 s ......................... 1898
P lain , 4 s ........................
1921 88*4
Ind.D.AW .—1 st 5s, g .,tr.re o „ 1 9 4 7
Gd.R. A I.E x t.—lst,4*4S,G.g. 1941 107 i ï s "
Ohio & In d ia n a Coal—1 s t 5 s .1936 98*4 99*4
2d, 5s, gold, t r u s t re c e ip ts .. 1948
P eo.A E .-Ind.B .A W .-lst,pf.7s.l900
Chi. Mil. A S t.P .—lst,8 s,P .D .1 8 9 8 114*4 115
In d . Ills. A Iow a.—1st, g, 4 s.. 1939 77*4 79
Ohio Ind.AW .—l s tp r e f .5 s ..l9 3 8 105
2d, 7 3-10s, P . D .................... 1898 ‘119 122*4 In t. AG. N’n —1st, 6s, g................ 1919 118 118*4 P eo
ria A P ek. U nion—1st, 6s .1921 110
1st, 7s, $ g., R. D .................... 1902 "126*8 127
3d, 4s, g ....................................1921 *20
2d m ortg., 4*48....................... 1921
69
1st, I. A M .,7 s ....................... 1897
118*4 K in gsC o.-F .E l.,lst,5,g.,gu.A .1929
50
65
P itts. Cleve. A Tol.—1st, 6s. „ 1 9 2 2
1st, I. A D .,7 s ....................... 1899 "ÍÍ8*4 122
L ake E rie A W est.—2d g., 5 s. 1941
104*4 P itts . A L. E r.—2d g. 5s, “ A” . 1928
1st ,C. A M., 7 s . . . . .................1903 "126
L. 8. AM .Sou.—B .A E .—N e w 7 s .’98 110*4
P itts. Me. K. A Y.—1st 6s___ ,1932
1st, I. A D. E x te n sio n , 7 s .. .1908
135
D et. M. A T.—1st, 7 s............. 1906 126
P itts. P ain sv . A F .—1st, 5s. „ 1 9 1 6
98
l s t , L a C. A D a v ., 5 s . . . . . . . 1919
109
L ake Shore—Div. bonds, 7 s. 1899 113
P itts. Shen. A L .E .—1st,g .,5 s.1940
1st, H . & D .,7 s ..................... 1910 127
K al. All. A G. R .—1 st gu. 5S.1938 113
P itts. A W est.—M. 5s, g .1891-1941
80
1st, H . A D., 5 s ......................1910
108
M ahon’g Coal R R .—1st, 5 s. 1934 116
P itts. Y’g st’nAA.—1st, 5s,eo n .l9 2 7
Chicago A Pacific D iv., 6 s .. 1910
12o
L ehigh V.,N.Y.—1 st gu.g.4*as.l940
P res. A Ariz. Cent.—1st-, 6s, g.1916
55
M ineral P o in t D iv. 5 s...........1910
L ehigh V .Term .—1 st gu. 5s,g. 1941
2d incom eU s........................... 1916
109*4
0. A L. Sup. D iv., 5 s............. 1921 108*
108*4 Rio G rande So.—1st, g., 5 s ... 1940
'-» •* L ehigh V’y Coal—I s t5 s ,g u .g .l9 3 3
F argo & South., 6 s, A ssu .,.1 9 2 4
liitchf. Car. A W est.—1 st 6s. g.1916
St. Jo s. A Gr. Is.—2 d in o ......... 1925
Inc. conv. sink, fu n d , 5 s . . . . 1916
7 .........
K an. C. A O m aha—1st, 5s „1927
D akota A G t. South., 5 s . . . . 1916 107*4 108*4
8 110
St. L ouis A. A T. H .—
MIL & Nor. m a in line—6 s. ..1 9 1 0
120
¿ *97 100
BeUev. A So. 111.—1st, 8 s .„1896 106 108
Chic. ANorw.—30-year deb. 5s. 1921 107%
2 .........
BeUev. A Car.—1st, 6s..........192£ *100
E soanaba A L. 8 .1 s t , 6 s ___1901
7 .........
Chi.St.L. A Pad.—lst,g d .g .5 s 1917 101
Des M. A M inn.—1st, 7 s___1907
7 37*4 43
St. L ouis So.—1st, g<L g.“4 s .l9 3 1
Iow a M idland—1 st, 8 s ......... 1900 119*4
N. Y. AMan. B each.—:
7 .........
*85 mmmmmrn,
P en in su la—1 st, conv., 7 s . . . 1898
N.Y.B.AM.B.—ls tc c
Car. A S h aw t.—1 st g. 4 s „ ..1 9 3 2
100*4
Ohio. A M ilwaukee—1st, 7 s .1898
Brookl’nA M ontauk1 118
St.
L.
A
S.
F
.—2d
6s,
g.,
cl.
A
.
1906
114%
116*4
Win. A St. P .—2d, 7 s............. 1 9 0 7 128 130
l s t , 5 s ............ .
1 107*4 .........
G en eral 5 s............................ . 1931
90*4 93
Mil. & M ad.—1 s t, 6 s ............ 1905 * 1 1 2
L ouisiana W estern—1
L 110
1st,
tru
s
t,
gold,
5s................
1987
73
Ott. C. F . A St. P .—1 st, 5 s .- 1909 107*4 ___ L ouis.Evans. A St. L.—
9 36
38*s
Consol, g uar., 4 s .............
1990 50
N o rth ern 111.—1st, 5 s.......... 1910 107*4
7 *110
K an. City A S’.—1st, 6s, g .„ 1 9 1 6
Ch.R.I.& P—D.M .AI .D .ls t4 s .l9 0 5
83
a 111
F
t.
S.
A
V.
B
.B
g.
—
1st,
6
S
...1
9 1 0 *85
mm
1st, 2*48 .................................1905 58
58*4
3 107
K ansas M idland—1st, 4s, g.1937
E x ten sio n , 4 s .................. ..1 9 0 5 81
l*12 0
St. P a u l A D uluth—l s t , 5s. .1.1931 112
K eokuk A D es M.—1st, 5 s .. 1923 97*4 101
3 *62
2d m ortgage 5s................... ..1 9 1 7 103 105*4
Chic. A St.L.(A tch.)—1st, 6 s.. 1915
3 112*4 _
St. P a u l Mi nil A M.—1st, 7S..1909 112%
Chic. St. P . A M inn.—1 s t,6 s ...1918 129 13Í*'
3 101 1ÍÓ
2d m o rt., 6 s ..............................1909 118% 118%
St. P a u l & S. C.—1st, 6 s ....... 1919
130
L 100 103
M inneap. U nion—1st, 6 s___1922
Ohio. A W. In d .—1st, s. f., 6 s .1919 *107*8 108*4
J
G eneral m o rtg ag e, 6 s ...........1932 116
*101
1 st g uar. g. 5 s .........................1937 103
Can H am . A D.—Con. s .f ., 78.1905 121
. 102
E a st. M inn., 1 st div. 1 st 5 s .1908 103
2d, gold, 4*48...........................1937
Lou.N.Alb.ACh.—Gen.:
60
66*4
W
U m arA 8iouxF.—1st, g ,5 s.l9 3 3 *104
Gin. D. A l r ’n —l s t , gu. 5s, g.1941 100
M a n h attan R y.—Cons.
95
S an F ra n . A N. P .—1st, g., 5 s.l9 1 9 *90
97
fflev. Ak. A CoL—E q. & 2d 6 s. 1930
M em phis A C hari.—6s,
*57
S o u th ern R ailw ay—
0 .0 .0 . A St. L ., Cairo div.—4s, 1939
1 st con. T enn lien, 7i
*114
E a s t Ten. reorg. lien, 4-5 s„1 9 3 8
82
82*4
8t.Lou.D iv.—Istco l.t8 ’t4 s,g .l9 9 0 90
M exican Cent. Consol.92
.............
A laoam a C entral—1st 6 s .„ 1 9 1 8 *110
Sprlng.ACol.Div.—1 st,g. 4s. 1940
1 .........
A tl. A C har.—1st, p re f., 7S..1897
W hiteW .Val.Div.—1 st,g. 4s. 1940 88
90
70
Incom e, 6 s .......................... 1900
dn.W ab.A M .D iv.—1 st,g.4s.l991
M exican N ational92*4
....... • «■a»
Colum. A G reen.—1st, 5-6S.1916
d n . I. St. L. A C.—1 st,g.,4s. 1936 94 100
......... . . . . . .
E . oau. V. os GA.—Lst, 7S..19O0 115*4 116*4
C o n so l, 6 s ................................1920
D ivisional 5 s ...................... 1930 110
d n .S a n .A d .—C o n .lst,g . 5 s, 1928 107 111
G eorgia P ac.—1st, g. 5-6S..1922 111% 112
118*4
d .C o l. Cin. A In d .—1st, 7 s,s.f.l8 9 9 112*4 113*4
_____
115
Rich.
A D an.—E q. s. f. g. 5 s .l9 o 9
94
Consol, sink, fu n d , 7 s ...........1914
M ortgage 4 s .....................
103 ___ y
D eben. 5s, s ta m p e d ......... 192 7 91
92*4
Gen. con. gold, 6 s, r e g .........1934 116
B at.C .A Strgis.—1st,3s,g
.........
V
ir’a
Mid.—S
erial
»er.A,
6s.
1906
Oleve. A M an. V.—Gold, 5 s .„ 1 9 3 8
MU. L. S. AW.—Conv. deb..
__
Series B, 6 s ....... ................ 1911
Columbia A G reen.—1st, 6 s „ . 1916
Mich. D iv., 1st, 6s..........
Ï3 0
S eties C, 6 s . . . ..................... 1916
Del. L ack. A W .—Mort. 7 s___1907 132*4
Series D, 4 - 5 s ..................... 1.921
13Ó
Byra. B ing. A N. Y.—1 st, 7s. 1906
135
Series E , 5 s . . . ....................1 9 2 6
i'
3 2 '4 135
M orris A E ssex —1 st, 7 s ___1914
144
....... 121*4
Series F , 5 s ..........................1931
Bonds, 7 s ..............................1900 117
117 117*4 Wash.O. AW.—l s t cur.gu.4s.1924
81*4
7s of 18 7 1............................ 1901 119*4
W est.No.Car.—l s t con. g .6 s.l9 1 4 114*4 116
116*4 118
1st, con., g u ar., 7 s.............1915 139*4
Ter.R
R.
As’n
of
S
t.L
.ls
t,4*48.1939
100
D. AH. Can—P a. Div.,coup.,7s. 1917 144*4
.........
T exas A N ew O rleans—ls t,7 s . 1905 *112
A lbany A Susq.—1 st, g u .,7 s.l9 0 6 129*4
M issouri K an sas A T exasSabine D ivision, l s t , 6 s ....... 1912 105
1 st, cons., g u ar., 6 s ......... .1906 118
*75
Consol. 5s, g ...........................1943
76
90
Hens. A Bar.—1 st, coup., 78.1921 144
D enver d t y Cable—1 st, 6 s .„ 1 9 0 8
*
DaL A W aco—1st, 5s, g u „ ,
T
hird
A
venue
(N.Y).—l
s
t
5s,
1937
80
*120*4
Denv. T ram w ay—Cons. 6 s, g .1 9 1 0
lisso u ri P acific—T ru s t 5 s „
Tol. A. A. A Cad.—6 s ................1917
M etropol. Ry.—ls t,g u . g .6 s.l9 1 1
1 st 00 IL, 5s, g ....................... I
Toledo A. A. A G ’d T r .—g. 6 s .l9 2 i
Denv. A R . G.—Im p .,g ., 5 s .„ 1 9 2 8 '76*4 78*4
St L .A I. M .-A rk .B r.,lst,7 s .l8 9 5
Tol.
A. A. A Mt. P i.—6 s...........1919
ÍOO
99*4
74
D uluth A Iro n R ange—1 st 5s. 1937
%
90*4
Tol. A. A. A N. M.—5s, g.........1940
116
37*4
E rie—1 st, e x ten d ed , 7 s ...........1897 1075s 108
*80
T.AO.C.—K
an. A M., M ort. 4 s.l9 9 0
77*4
2d, ex ten d ed , 5 s................ ...1 9 1 9 115
M organ’s L a. A T.
II
___ r U lster A D el.—l s t , con.,6.,5 s. 1928 101*4 102*4
8 d, e x ten d ed , 4*48.................. 1923 109*4 109*4
*123% 124*4 Union Pacific—1st, 6 s.......... ..1 8 9 6 103%
4th, ex ten d ed , 5 s....................1920 114
l s t , 6 s ....................................... 1897 104.14
6 th , ex ten d ed , 4s....................1928 101
101*4 N. Ô. A. No. E .—P r. 1., g., 6S ..19Î5 * lo 7
l s t , 6 s ...................................... 1898 105*4 105%
1st, con., g.. P d , 7 s ...............1920
N. Y. C entral.—Deb. g. 4 S ....1 9 0 5 1025s
C
oU ateral T ru st, 6 s.............. 1908
91
mmm
Reorg., 1 st lien, 6 s.................1908 io s " Î08*
N. J . J u n e —G uar. 1st, 4 s .„ 1 9 8 6
C
qllateral T rust, 5 s......... ...1 9 0 7
70 mmrnmmm
B. N. Y. A E .—1st, 7 s ...........1916 134
Beech Creek—1st, gold, 4 s „ 1 9 3 6 106
K
an
sas
P
acific—1
st
6s,
g
.„
1
8
9
5
105
N. Y. L. E . A W.—Col. tr.,6 s.l9 2 2 100
Osw. A Rom e—2d, 5s, g .,g u .l9 l5 *108
l s t , 6s, g ............................... 1896 106% 107 *
F unded coup., 5 s.................... 1969 *65
U tica A Bl. R iv.—4s, g., gu.1922 *103
C. B r. U. V - F . 0 ., 7 s ...........1895
Buff. A S. W.—M ortg. 6 s ___1908
N. Y. A P u t.—1st, g., 4s. gu.1993 102*4
A
tch.
Col. A P ac.—l s t , 6s. „ 1 9 0 5 38*4 39*4
Jefferson—1st, gu. g. 5s ....1 9 0 9
N. Y. N. H . A H .—1st, rear. 4 s .1903 107
A tch. J . Co. A W.—l s t , 6 s... 1905
40
Coal A RR .—6 s ....................... 1922
N. Y. A N o rth ern —1st, g. 5 s „ l9 2 7 117
U. P . L in. A Col.—ls t,g ., 5s. 1918 *30
35
Dock A I m p t.,ls t 6 s, cu r’cy.1913 105
N. Y. Susq. A W est.—2d, 4*48.1937
Oreg.S.L.
A
U
.N
.,col.trst.,5s.
1919
88*4
31
E u rek a S prings—1st, g., 6 s ...1 9 3 3
Gen. m o rt., 5s, g ................. .1940
U ta h A N orth.—l s t , 7s....... .1908 100
94*4
E v an s. A T .H .—1st,co n s.,6 s„1 9 2 1 109 115
N. Y. T ex. A Mex.—lst,4s,gu.-1912
50
1 st, g en eral, g., 5 s .................1942
95
N orth’n Pacific—D ivid’d scrip e x t
35
U ta h S outhern—Gen., 7s „ 1 9 0 9 80
40
8 5 '"
Mt. V ernon 1 st 6 s ................1923
Ja m e s R iv er Val.—1st, 6s. „ 1 9 3 6
E x te n ., l s t , 7 s ....... . . . ....1 9 0 9
BO
E.AT.H.—8uU C o.B r.lst,g.,5s.l930
Spokane A P al.—1st, 6s....... 1936
Valley R ’y Co. of 0 .—Con. 6 s. 1921
78
_ Ev. ARich.—1 st gen .5 s,g.gu.l931 30
S t.P au l A N. P .—Gen., 6 s„ 1 9 2 3 *118
W abash—D ebenture, Ser. A .. 1939
■ vans. A In d ia n .—1 st, c o n s.. 1926 100
H elenaA RedM ’n —ls t,g ., 6 s .1937
D et. A Chic. E x t. l s t , 5s, g . . 1940 99*4
F lin t A P . M arq.—M ort., 6 s. „ 1 9 2 0
113%
D
uluthA
M
anitoba—lst,g
.6
s
l9
3
6
No. Missouri—l s t , 7 s ...........1895 105*$ 105*4
77*4
1 st con. gold, 5s .................... 1 9 3 9
80
Dul. AM an D ak.D iv.—Is t6 s .l9 3 7
St L.K.C.AN.—R.E.ARR.7S.1895 104*4
P o rt H u ro n —1 st, 5 s .............1939
8*7*4 C œ ur d’A lene—1st, 6s, g o ld .1916
St.C harles B r’ge—ls t,6 s ... 1908
Fla. Cen A P en .—1 st g. 5 s__ 1918 108
Gen. 1st, g., 6 s................... 1 9 3 8
___
LOÓ West. Va. C. A P itts.—l s t , 6 s .1911
1 st con. g., 5 s ......................... 1943 98*4
___
C
ent.W
ashington—lst,g
.,6
s
.l9
3
8
W
heel.AL.E.—l
s t . 5s, g o ld ...1926 103*e
-1
»
F t. W orth A R. G.—1 st g „ 5 s ..1928
58
N orfolk A S outh’n—1st, o s,g . 1 9 4 1 105*4
E xtension A Im p, g.. 5s....... 1030 ....... -* .........
O* No p rice F rid ay ; th ese a re th e la te s t q u o tatio n s m ade th is w eek. F o r m is c e lla n e o u s a n d U n lis te d B o n d s . - S e e 3d p ag e p re c e d in g




THE CHRONICLE,

1098

[VOL. L1X.
L atest E a rn in g s Reported.

|m r e s t r a e u t

R o ad s.

AND

The I n v e s t o r s ’ S u p p l e m e n t , a pamphlet of 160pages, con­
tains extended tables of the Stocks and Bonds of Railroads,
and other Companies, with remarks and statistics concerning
the income, financial status, etc., of each Company. It is
published on the last Saturday of every other month—viz.,
January, March, May, July, September and November, and is
furnished without extra charge to all regular subscribers of
the C h r o n i c l e .
2he General Quotations of Stocks and Bonds, occupying six
pages of the C h r o n i c l e are published on the t h i r d S a tu rd a y of each month.

RAILROAD EARNINGS.
The following table shows the gross earnings of United
States railroads (and also a few Mexican and Canadian roads)
for the latest period reported. The statement includes every
road from which regular weekly or monthly returns can be
obtained. The first two columns of figures give the gross
■earnings for the latest week or month, and the last two col­
umns the earnings for the calendar year from January 1 to
and including such latest week or month.
Latest E a rn in g s Reported.
Week or Mo

A d iro n d ack ....... O c to b e r...
Ala. M id la n d ... O c to b e r...
A llegheny V a l.. O c to b e r...
A rk . M id la n d ... O c to b e r...
t w k D ee
A tch. T. & S. Fe.
St. L. & S an F. 1st wk Dec
A tla n tic & P ac 1st w k Dec
Col. M id lan d .. 1st wk Dec
Agg. t o t a l . .. 1st w k Dec
. A tla n ta & W. P . O ctober.
A tlan . & D an v .. I s tw k Dec
A u stin & N’w est O ctober. ..
B .& O .E astL ines Novem ber.
W estern L ines Novem ber.
T o ta l............. Novem ber.
B al.* O .S o u ’w.ci 2 d w k D e c .
B a th & H am ’nds O c to b e r...
B ir. & A tla n tic .. Novem ber.
B rooklyn E le v .. Wk Dec. 15
B ru n sw ’k fewest O c to b e r...
Buff.Roch. & P itt 2 d k w D ec.
B a r. C.R ap.& N . November.
C am den & A tl.. October. ..
C anad ian P aeific 2d w kD ee.
C ar. M idland___ Novem ber.
C en tral of N. J . . O c to b e r...
C e n tral Pacific.. Septem b’r.
Char.Cin.& Chic. Novem ber.
C h arlest’n& Sa v. O c to b e r...
Char.Suin.& No. Novem ber.
C h a t’q u a L ak e.. Septem b’r.
C h e raw .* D a ri.. O c to b e r...
Ches. & Ohio___ 2d w k D ee.
, Ches.O.&So.W. O c to b e r...
Chic. B ur. & No O c to b e r...
Chic. B ur. & Q. October. .
Chic. & E a st. 111. 2d w kD ee
Chicago & E rie . O c to b e r..
Chic. G t.W est’n . 2d w kD ee
€ h ic .M il.* S t.P i 2d wk Dec
Chic.& N’th w ’n / O c to b e r...
Chic. Peo.& St.L. 2d wk Dec .
Chic.R ’k l . & P .. N ovem ber.
Chic.St.P.M.&O. O c to b e r...
Chic. &W . Mich. 2d w k D ee.
Cin.G a. & P o rts. Novem ber.
C in.& K ent. Sou. O c to b e r...
Cin. Jack . & Mac. 2d w k D ee.
C in .N .O .& T .P . O c to b e r...
A la. Gt. S outh. O c to b e r...
N. Orl. & N. E. O c to b e r...
A la. & V icksb. O c to b e r...
V icks.Sh. & P . O c to b e r...
E rla n g e r Syst. O c to b e r...
Cin. P o rts. & V. Novem ber.
Col. & M a y sv . N ovem ber.
' Clev. Akron&Co. 2d w k D ee.
Clev. Can. & S o .. I s tw k Dec
Cl.Cin.Ch.& St.L l s t wk Dec
P eo. & E a s t’n . O c to b e r...
Cl. L o r.* Wheel 2d w k D ee.
Col. H .V .& T o l. October. ..
Col. Sand’y & H. 2d w kD ee.
Colusa & L ake . Novem ber.
C ry sta l................ O c to b e r...
C u m h T d Valley. O c to b e r...
C u rre n t R iv e r.. 4thw kN ov
D env. & Rio Gr. 2dw k,D ec.
D et.L an s’g&No. 2d w k D ee.
D ulutha.S.& A tl. 1 st w k Dec
E lg in .Jo l.& E ast November.
E u re k a Springs. S eptem b’r.
E v an s.& In d ’plis 2d w k D e e E v an s. & R ich.. I s tw k Dec
E v an sv . & T. H . 2d w kD ee
F itc h b u rg ........... O c to b e r...
F lin t & P .M arq. 2d w kD ee
Fld.C nt.& P enin 1st w k D ee
F t.W . & Rio Gr. Novem ber,
G ads. & A tt. U. Novem ber.
G eorgia R R ....... 2d w kD ee.
G a. CarTa & No. O ctober. ..
Geo. So. & F la .. November,




1894.
$
13,502
61,539
223,859
16,298
642,972
118,804
70,958
33,13?>
865,869
60,901
14,445
28,132
.448,661
437,722
,886,383
117,761
8,159
2,004
31.529
59,561
61,129
345,105
54,285
360.000
4,717
,097,839
,318,628
17,202
43,557
10,140
4,448
11,916
175,004
231,629
239,313
,084,199
70,045
249,613
67,81s
556,729
,905,333
22,383
,394,463
806,700
26,220
5,303
979
12,924
337.000
156.000
121.000
6 8 ,0 0 0

71,000
753,000
23,004
831
14,779
11,903
266,215
140.699
21,104
307,811
13,287
2,300
999
80,302
3,656
128,400
18.877
25,740
90,385
6,651
5,378
1,369
22,613
701,695
42,268
72,137
68,927
614
33,377
75,212
76,981

1894.

1893.

J a n . 1 to L a test Date.
1894.

S

R a ilr o a d I n te llig e n c e .

R oads .

W eekorMo\

1893.

J a n . 1 to L atest Date.
1894.

1893.

$
142,592
148,235
404,429
459,453
1,791,093 2,085,554
63,955
71,730

13,897
54,341
190,901
11,496
674.715
126,494
64,371
26,499
892.079 36,744,910 44,787,199
356,109
394,946
53,671
10,983
192,983
208,242
26,981
,416,542 15,515,574 17,323,111
568,849 4.3 L7,560 6,054,003
,985,391 19,833,134 23,377,114
122,294 5,962,054 6,366,691
27,810
27,151
8.246
26,537
19.599
1.8 LI
32,892 1,642,702 1,751,292
42.363
57,602 2,589,738 3,253,264
405,919 3,425,737 3,849,738
766,750
811.493
50,245
359.000 17,936,951 20,067,432
53,341
55.865
6.009
,303,033 10,156,942 12,218,105
,433,429 9,618,686 10,797,693
139.336
151,412
15,665
523,841
516,770
41,975
140,815
145,906
13,401
44,598
5,563
33.838
74.790
71,587
10,093
170,941 8,675,730 9.490,065
208,012 1,756,441 1,924,775
277,026 1.540,862 1,996,672
,843,746 26,464,923 32,365,719
87.438 3,251,150 4,316,769
448,861 1,893,564 2.813.959
79,021 3,491,643 4,274,398
578,955 27,402,888 32.519,042
,679,741 24,573,938 ¿8,349,880
929,618
864.493
18,503
,539.303 15,132,104 18,140,565
6,743,524
6,072,834
990,830
26,052 1,518,973 1,805,200
63,488
4,900
63,358
10,447
812
8,413
637,330
11,907
605,138
342.000 2.831.000 3,299,937
175.000 1.152.000 1.426.959
914,152 1,132,950
174,205
452,523
425,453
72,000
424,569
434,097
64.363
827,573 5.754.000 6,733,678
245,573
234,109
21,681
972
13,368
10,025
930,939
15,552
824,001
11,938
256,781 12,018,110 12,936,373
160,743 1,303,962 1,451,836
19,260
322.080 2,351,977 2,898,863
771,380
14,995
771.963
23,955
20,467
2,500
1,023
12,736
8.875
743,774
664,287
78,095
106,594
2,713
119,290
139,500 6,426,035 7,426,872
18,223 1,038,636 1,147,362
20,568 1,595,027 1,965,473
949,822
92,320
87.8,S56
59,592
51,442
4,646
346,092
264.964
6,078
119,741
100,222
2,238
21,900 1,048,767 1,249,812
640,553 5,786,627 6,143,816
41,119 2,288,882 2,610,278
50,899 2,223,551 1,512,782
342,708
341,195
45,708
8,701
6,151
696
1,343,682
1,277,039
33.438
414,077
61,215
557,574
734,910
791,441
76,767

1893.

$
33,401 1,815,868 2,107,278
33,198
Gr. R ap. & In d . 2d w k D ee.
391,173
8,497
7,403
416,993
Cin. R.& Ft.W . 2d w kD ee
525
44,099
676
52,357
T rav erse C ity. 2 d w k D iC .
I , 756
100,306
1,629
127,664
Mus. G. R. & I. 2d w kD ee.
43,109 2.351,446 2,704,292
4 3 ,9 7 t
T ot. all lines 2>iwk Dec.
G rand T ru n k ... Wk Dec.15 335,319 332,715 17,382,418 19,315,298
5 4 ,‘ 98
52,740 2,558,674 4,008,823
Chic. & Gr. Tr. W kD ee. 8
18,991
946,246 1,046,421
18,106
D et.G r.H .& M. W kD ee. 8
G re a t N orth’n —
1,540,156
1,601,017
11,191,787
12,579,012
Novem
ber.
St. P . M. & M.
E a s t of M inn.. Novem ber. 203,132 175,886 1,177,444 1,244.015
89,154
159,215
1,396,168
1,019,420
Novem
ber.
M ontana Cent.
T ot. system . Novem ber. 1,963.361 1,805,196 13,768,399 11,842,447
8,000
43,413
6,278
40,200
G ulf & Chicago. Novem ber.
3,581
3,691
H oos.Tun.& W il. Novem ber.
55,034
419,855
69,933
402,519
Hous.E.& W .Tex N ovem ber.
105,500
8,500
9,437
121,354
H u m est’n& Shen November.
Illin o is C entral. Novem ber. 1,746,738 1,872,068 16,498,552 20,310,650
381,225
46,561
30,107
405,909
In d . Dec.&West. November.
In.& Gt. N o rth ’n 2d wk Dec. 124,568 102,184 3,519,921 3,880,739
41,407
44,225 2,151,802 1,956,d93
t In te ro c . (Mex.) Wk Dec. 1
47,895 1,604,689 1,831,529
35,417
Io w a C e n tral__ 2d w kD ee.
37,471
4,455
4.289
36,909
I ro n R a ilw a y ... Novem ber.
640,801
55,526
51,013
643,031
Ja c k . T. & K. W. O c to b e r...
8 ,1 2 2
5.940
368,559
342,825
K anaw ha& M ich 2d w kD ee.
6,132
287,620
10,245
239,384
K an. C. Cl. & Sp.l 4 thw k Nov
84.383 4,418,281 4,803,845
88,039
K.C.F.S.&Mem.gr 1st w k Dec
27,452
26,807
963,378 1,028,416
K.C. M e m .* B ir. 1 st w k Deo
8,664
5,064
346,867
170.634
1st&wGk..Dec
K.
C. P itts.
3.583
3,321
238,195
224,316
jvan.C. Sub. B elt 1st w k D ec
19,486
36,410
258,628
302,215
K an.C . N. W .... Novem ber.
540
10,859
1,357
12,386
Kan.C. v B e a t. Novem ber.
341,330
6,557
364,791
6,5 6
K eokuk & W est. 1 st wk Dec
6,672
70,753
7,699
72,174
L. E rie A ll.* So. Novem ber.
65.074
60,076 3,166.642 3,346,301
L. E rie & W est.. 2d w k D ee.
56.803
356,069
38,898
524,427
L ehigh & H u d .. Novem ber,
L ong Is la n d ....... Novem ber, 277,258 296,488 3,793,662 3,929,379
9,964
167,239
14,537
132,171
Los. Ang. T erm . Novem ber,
31,523
41.330
243,765
318,521
L ouis.& Mo. Riv. Septem b’r.
32*864 1,340,980 1,619,607
24,727
Louis.Ev.& St.L . 2d w kD ee.
Louisv. & N ashv. 2d w kD ee. 412,430 407,040 18.547,249 19,612,688
54,354
52,549 2,753,863 3,331,954
Louis. N.A.&Ch. 2d w kD ee.
7,635
394.570
7,973
L ou S t.L .* Tex. I s t w k Dec
501,728
8,829
7,110
71,147
62,660
M acon & B irm .. November,
721
56.450
1,695
72,014
M anistique......... November,
27,774
27,471 1,210,743 1,309,929
M em phis* Chas. 1st w k Dec
154,572 119,896 7,993,037 7,573,558
JM exican C e n t.. 2d w kD ee
182,617 168,918 1,697,407 1,673,346
M exican I n te r ’l Octobt r. .
76,959 4,057,529 4,011,532
82,878
JMex. N atio n al. 2d w kD ee
532,529
59,847
M ex. N o rth ern .. O c to b e r..
57,243 2,875,599 2,831,453
58,231
^M exican R ’w ay W kD ee. 1
9,752
II,
820
307,247
M exican So___ 4 thw k Nov
231,252
M inneap.& St.L November, 174.791 159,435 1,644,215 1,654,402
Mo. Kan. & T ex. 2d w kD ee. 240,366 217,698 9,917,373 9,880,836
M o.Pac.& Iron M 2d w kD ee. 438,210 474,788 21,512,524 23,739.831
8,520
274,711
8,735
Mobile & B irm .. Lst wk Dec'
277,888
M o b ile * O hio.. Novem ber. 330,990 333,854 2,927,724 2,986,172
84,504 1,018,607
95,000
910,225
M ont.&M ex.Glf. Novem ber.
N ash.C h.& S t. L. Novem ber. 409,318 382,037 4,207,994 4,350,244
2,779
20,707
2,626
N evada C entral. O ctober. ..
34,051
28.532
29,059
N. Je rs e y & N.Y. O ctober. ..
20,041
12,475
90,031
New Orl. & So’n. Novem ber.
117,753
N .Y .C .& H . R .. Novem ber. 3.837,003 3.897.430 38,152,497 43,130,385
N. Y .L . E .& W .. O c to b e r... 2,356,218 2,722,11a 20,254,890 24,834,406
N.Y. P a. & Ohio. O ctober. .. 607,700 707,226 4*747,006 6.164.926
62,341 3,600,616 3.755.926
64,463
N .Y . Ont. & W.. 2d w k D ee.
131,552 158,812 1,079,502 1,155,855
N.Y. Susq.& W .. A u g u st__
35,630
N orf. & S outh’n . O c to b e r...
363,416
36 ,055
37,631
N orfolk & W est. 2d w kD ee. 193.913 198.555 9,827,996 9,573,641
N o rth ’n C entral October. .. 615.791 601,192 4,969,167 5,810,091
N o rth ’n Pacific. 2d w kD ee. 329,517 314,249 16,085,085 19,132,242
3,503
25,663
17,211
2,889
Oconee & W est. O c to b e r...
12.533
682,515
Ohio R iv e r......... l s t w k Dec
15.367
752,661
15,914
Ohio S o u th ern .. 2dw A D eo.
16,331
42,432
455,162
O m aha & St. L .. October. ..
318.710
30.158
O regon Im p. Co. O c to b e r... 316,068 350.605 3,158,769 3,253,205
P en n sy lv a n ia ... O c to b e r... 5,839,998 5,480,275 48,084,638 55,784,226
16,894
857.664
PeoriaDeo.& Ev. 2d w k D ee.
17,282
813,807
37,601
P etersb u rg ......... O c to b e r...
446,250
436,370
40,056
P hila. & E rie ... O c to b e r... 414,437 495,303 3,301,701 4,397,475
P hila. & Read’g. O c to b e r... 2,001,792 2.127.430 16,659,176 18,912,607
C o al& Ir.C o ... O c to b e r... 2,485,087 2,923,622 17,733,220 19,918,218
T otalbothC os. O c to b e r... 4,486,879 5,051,052 34,392,396 38,830,825
2,107
P itts. M ar. & Ch. N ovem ber.
33,04o
31,473
4,045
44,593
Pitt.Shen.& L .E . N ovem ber.
460,344
44,821
429,271
P ittsb . & W est-- N ovem ber. 131 ¿993 103,947 1,281,782 1,348,733
764,920
47,328
65,732
P itts.C l.* T o i. N ovem ber.
627,452
24,095
303,360
P itts . P a. & F. Novem ber.
319,487
38.511
32,936 2,354,145 2,527,621
T otal system .. 2d w k D ee.
41,052
78,696 1,132,281 1,221,399
P itt. Young. &A . N ovem ber. 142,602
181,000
Pt. R o y a l* Aug. A ugust ..
16,106
16,137
174,357
212,162
249,708
19,029
18,840
Quinov 0 .* K .C . November.
51,099
R ich.F r’k sb .* P . O c to b e r...
624,030
62,225
583,871
287,702
25,321
27.554
278,459
Rich. & P etersb. O c to b e r...
451,097
6,959
8.831
Rio G r. S outh’n 2 dw k D ec.
359,071
38,400 2,004.965 2,166,341
Rio G r.W est’n . . 2d w k D ee.
38.100
Sag.Tuscola&H. N ovem ber.
117,184
9,231
9,946
111,097
7.620
71,831
78,628
7,825
Sag.Val. & St. L. O ctober.
26,690 1,248,631 1,452,484
25,680
St. L. A. & T. H. l s t w k Dec
27,902
26,449
3,667
4,284
St.L.K en’et*S o. Novem ber.
St. L. S outh w’m . 2d w k D ee. 127,200 121,100 4,543,444 4,781,918
St. P au l & Dul’th N ovem ber. 148,664 150,900 1,353,652 1,619,887
San A n t.* A .P . O c to b e r... 240,257 235,033 1,467,000 1,521,082 »
22,890
8. F ran . & N.Pac. 4thw k Nov
778,611
768.978
25,488
449,987
37,323
422,613
46,279
Sav. Am. & Mon. Novem ber.
293.979
8av.F ia. & West, O c to b e r... 335,284
2,706,996 2,597,318
295,596
9,421
9,774
314,146
8ner.8brev.& So 2d w kD ee.
So. Pacific Co.—
G al.H ar.& S.A O cto b er...
468,890 423,594 3,413,861 3,510,005
913,471
801,787
L ouis’a W est.. October. .. 100,512 113,191
M organ’sL&T. O c to b e r... 647,378 613,359 4,601,348 4,315,323
212,956
33,315
31,746
N.Y.T. & M ex. O o to b er...
210,330
T ex.& N . O rl.. O c to b e r... 159,166 153.606 1,261,698 1,472,471
A tlan tic sys.6. O c to b e r... 1,482,813 1,379,751 10,460,756 10,555,782
Pacific system O c to b e r... 3,215,395 3,332,009 26,054,331 29,581,818
T o ta l of a ll.. O c to b e r... 4,698,208 4,711,760 36,515,087 40,137,600
So. P ac. of Cal Septem b’r, 792,705 1,002,411 6,638,536 8,068,771
So. P ac. of Ariz Septem b’r, 196,679 152,589 1,478,364 1,432,781
700.665
So.Pac.ofN.M . S eptem b’r,
81,445
671,150
70,377
Southern Ry e—
Rich. & D a n .)
Char. C. & A.
C ol.& G r’nv. I
E. T .V a.& G . f 2d w k D ee. 371,956 370,150 17,034,319 17,383,621
Louisv. So..
G eorgia P a c )

THE CHRONICLE.

D ecember 22, !8»4. ;
R o a d s.

Latest E a rn in g s Reported.
1894.

1893.

J an. 1 to L atest Date.
1894.

1 0 )^

1st week o f December.

1894.

1893.

Previously r e p ’d (53 r’ds)
4teh. Top. St S an ta Fo .
Bt. Louis <Sr San F ra n ..
A tlan tic & Pacific____
Colorado M idland.........
A tlantic & D an v ille... . . . .
Ouicago & Gr. T ru n x . ...
Cleve. C anton & S outh’n.
Col. Sand’sky & Hocking.
Det. Gr. H av. & M ilw ..
D uluth So. Shore & Atl
Evansv. & Indianapolis .
E vansville St Richm ond.
E vansv. St T erre H au te..
Fla. Cent. & P e n in s u la ...
F t. W orth <fe D enver City.
Kan. City F t. S. St Mem.*
Kan. C. Mem. & B irm ___
Kan. C ity P ittsb. & G ulf.
Kan. City S uburban Belt.
Keokuk & W estern....... .
Louisville St. L. & T exas.
Memphis & C h arlesto n ..
Ohio R iv e r........................
i t . Jo sep h & Gd. Isla n d ..
Sherm an Shreve. & S o ...

$
6,087,298
r 41,972
118.804
70,958
33,135
14,445
54,538
11,913
12,392
18,911
25,740
5,777
1.369
2 1.088
72,'«37
3 i,9 8 9
88,u39
20,807
8,064
3,321
6.586
7.973
2 7 ,, 74
15,367
17,021
10,309

$
5,913,464
674,715
126,494
64,371
26,499
10.983
52,740
11.933
13,225
13,106
20,563
6.169
2,233
20, «97
50,319
35,643
84,3*3
27,452
5.064
3,583
6,557
7,685
27.471
12,533
28,749
8,217

1893.

«
$
*
$
S ilv erto n ............ November.
10,500
8,030
48,464
63 356
S taten I si. R. T. O ctober. ..
76,801
73.665
920,557
893,698
StonyCl.& CM t.. O ctober. ..
2,4-0
2,522
41,111
44.261
Sum m it B ranch. N ovem ber. 108 733 l ì 9,411
893.960 1,167,52 »
L ykens Valley Novem ber.
92.508 H '0,697
804,224 1,010.574
T ot’l b o th Co’s Novem ber. 201 241 210 108 1.698.184 2,17-1,103
Texas & Pacific. 2 d w k D ec. 198.876 1»2,229 6,892.156 6,881, l ‘ 0
Iex .8 . 7al<feN W Novem ber.
5,868
7,45"
42,758
51,^33
Tol.A.A.&No.M. 2 d w k Dec.
27,179
19,5 '5 1,035,358
993,281
Tol.&Ohio C ent. 2d w kD ec.
28,! 09
30,805 1,724,231 1,879,160
Toi. P. <fe W est.. 4 th <vk Nov
20,141
19,145
818,67«
«9 1,600
Toi. St. L .& K .C . 2d wk Dec.
32,207 1,539,906 1,704,256
34,087
(J ste r & D e l__ October. ..
34,621
37,295
354.695
371 947
U alon Paeiflo—
Un. P ac. R R .. O c to b e r... 1,700,014 i,756,470 12,309,789 14,532,558
Or.S.L. & U. N O c to b e r... 511,634 502,361 4,19 ’,468 5,021,178
St.Jos.& G d.Is. October. ..
67,458
83,852
671,799
821,553
Kan.C.&Om. O c to b e r...
6,585
11,339
84,780
136,132
Tot. it.J.<feG.I. 2 d w k D ec.
14,558
30,560
830,521 1,106,86 L
C e n t.ß r ..i ...a 2 d w k Dec.
9,765
17,077
931,969
705,499
Ach. Col. &P. t
31,502
39,804
309,409
425,820
Ach. J.C.& W 5 O c to b e r...
M ontana U n .. O c to b e r...
38,139
59,341
303,222
661,966
Man. Al. & B ur. O ctober. ..
4,482
3,984
35,6,i0
35,055
G r’d total.* c O c to b e r... 2,514 88» 2.65 (,416 19,485,104 23,418,860
O r.R y.& N .C o J u n e ..........
97,677 337,961 1,228,091 1,855,510
U. Pao. D. & G. O c to b e r... 296,752 307,215 2,29.»,036 3 ,0 '5 ,5 8 2
F t W’th &D.C. 1st wk Dec
35,989
35,648 1,215,143 1,415,044
W aoash.............. 2d wk Dec
228.44
228,111 11,071,083 13,216,667
W aco <feN orthw O c to b e r...
68,046
2 LI,995
178,937
35,988
W est Je rs e y ....... October. .. 123,29« 126,883 1,365,502 1,401,916
W .V .C en.& Pitts Novem ber.
85.6 0
98,230
918,354 1,084,798
W est Va.& P itts. S eptem b’r.
33,939
34.781
277,343
306,234
W estern of Ala.. O c to b e r...
64,665
54,66 t
432,587
392,898
West. M aryland. O c to b e r... 111,350 103,242 1,047,884 1,033,179
W est.N.Y. & Pa. 1 st wk Dec
65,40t
53,700 2,934,569 3,314,944
Wheel. & L. E rie 2 d w k Dec.
25,911
26,512 1,187.96« 1,445.799
W rightsv.& Ten. J u l y ...........
7,960
5,194
44,103
42.410
t In clu d es M ilw aukee & N o rth e rn fo r a ll periods.
* F igures given do n o t include Oregon Ry. St Xav., U a. Pac. D en v er &
G ulf, D en v er L eadville &, G unnison a n d L eav en w o rth T opeka & S outh­
w estern .
a These figures in clude re su lts on leased lines.
0 In clu d es e arn in g s from ferries, etc., n ot given se p ara te ly , i M exi­
c a n cu rren cy , c In clu d es o n ly half of lines in which Union Paeiflo h a s
a h a lf in te re st, d In cludes Ohio & Mississippi in b o th y ears. « C o v e rs
4,404 m iles in b o th y ears. / I n Ju n e , J uly an d A ugust Mil. Lake S hore
& West, included fo r 1894, hue not for 1893; for previous m onths a n d
for S eptem ber an d O ctober th is ro ad is included in both v ears.
Up T hese ligures in clu d e re su lts on C u rre n t R iv e r a n d K an sas City
C linton & Springfield.

In c re a se .

9
283,006
6,537
6,636
3,462
1,358
885
5,172
91
21,238
341
3.656
3,610
29
283
303
2,834
2,592

D ecrease.
9

109,177
31,743
7,690

35
833
392
8ö9

645
262

11,728
............

7,439,957 7,260,753
342,578
163,374
S et increase i2-47 p .c .)..
1 79.204
* In clu d es C u rren t R iver and K an sas City C linton & Springfield.

The following will furnish a comparison of the weekly
results for a series of weeks past.
W EEKLY GROSS EARNINGS.

Period a n d num ber o f
roads included.
N ov.—1 st w eek (79 r ’ds).
“
2d w eek ( 7 9 r ’ds).
“
3d w eek (79 r ’ds).
“
4th w eek (74r ’ds).
D ec.—1 st w eek (78 r ’ds)
“
2d w eek (54 r ’ds)

1894.
$
7,686,666
7,877,054
7,890,940
9,755,319
7,439,957
5,602,215

1893.
$
8,059,471
8,051,008
7,887,744
9,753,033
7,260,753
5,595,231

Changes ■
A m ount. >
P. ct.
372,805 Dec. 4-62
173,954 Dec. 2 T S
3,196 Ino. 0-04
2,2 46 Inc. 0-02
179,204 Inc. 2-47
6,984 Inc. 0 1 2

For corresponding weeks last year losses were as follows,
the roads, however, not being quite the sim e as those included
in the present year’s comparisons :
,----------------------:— Loss L A S T Y E A R i n --------------------------.
November.
October.
December.
Dollars.
Dollars.
P. 01. D illars. P . Cl
P . Ct.
339,364
1st w eek___
517,851
6-51
1,019,227 13-06
4-77
2d w e e k __
4-94
162,950
203
4)2,646
916,752 11-75
556,22 2 6 76
3d w eek __
*46,697
0 58
883,544 11-71
4 tb w e e k ....
1,064,223 10-07
376,193
3-38
1,733,173 16-87

Latest Gross Earnings by Weeks.—The latest weekly earn,
ings in the foregoing are separately summed up as fol­
* In crease.
lows :
Our preliminary statement of earnings for the second week
Net Earnings Monthly to la te s t Dates.—The following
of December covers 54 roads and shows a gain of 0'12 per shows
the gross and net earnings to latest dates of all railroads
cent.
furnishing monthly statements. The compilation includes
every road from which we can get returns of this character,
2d w ee k o f December.
1894.
In c r e a s e .
1893.
D ecrea se.
and in that form is given once a month. Early returns are
published from week to week, as soon as issued, but for tbe
9
9
9
9
117,761
122,294
4,533 convenience of our readers all the roads making returns are
B rooklyn E le v a te d ___ _
31,529
32,892
1,363 brought together here in the week in which we publish our
Buffalo Roch. & P ittsb ’g
61,129
57,602
3,527
monthly article on net earnings—say on or about the 20th of
C anadian P acific............
360,000
359,000
1,000
C hesaneake St O hio........
175,004
170,941
the month.
4,063
Chicago St E ast. Illinois
Chicago G reat W estern..
Chicago Milw. & St. P aul.

Cin. Ja c k so n A M ackinaw |
Cleve. A kron & Columbus
Clev. L orain & Wheel. ..
Col. Sand’sky & H ocking
D enver & Rio G ran d e__
D etro it L ans’g & N o rth ’n
E vansv. St In d ian ap o lis.
E vansv. <fc T erre H a u te .
F lin t St P e re M a rq u ette.
G e o r g ia ..................
G rand R apids & In d ia n a
Cin. Rich. St F t. W ayne
T raverse C ity ................
Mus. Gr. R apids <S Ind.
G ran d T ru n k of C anada.
In te rn ’l & Gt. N o rth ’n ...
Io w a C e n t r a l . . . . . . . . . . . . .
K an aw h a <fc M ich ig an .. . .
Lake E rie St W e s te rn . . . .
Louisv. E v an sv . St St. L
Louisville & N ash v ille...
Louis. N. A lb an y & Chic.
M exican C e n tral..............
M exican N atio n al............
Mo. K an sas & T e x a s.......
Mo. Pacific & Iro n M t__
New York O nt. & West’n .
Norfolk St W estern.........
N o rth ern P acific..............
Ohio S o u th ern ..................
P eoria Dec. St E v a n s v ...
P ittsb u rg & W estern.......
Rio G rande S o u th e rn ..-.
Rio G ran d e W estern .......
S t. Jo sep h & Gd. Islan d .
St. Louis S o u th w este rn ..
Sherm an Shreve. & S o ...
S outhern R a ilw a y ..........
T exas & Pacific................
Tol.Ann A rbor &N.M ich.
Toledo St Ohio C e n tra l...
Toledo 8t. L. & K an. Ç ...
Wao asb............ .
W heeling St L ake E r i e ..
T o tal 54 r o a d s ) ........
N et in crease (0T 2 p. c.).

70,045
67,816
556,729
22,383
26,220
12,924
14,779
21,104
13,2i7
128,400
18,877
5,378
22,613
42,268
33.377
33,198
8,497
525
1,756
335,319
124,568
35,417
8,122
65,074
24,727
417,430
54,354
154,572
82.87 8
240,366
438,210
64,463
193,913
329.517
16,331
17,282
41,052
8,831
38,100
14,55-»
127,200
9,774
371,956
198.876
27,179
28.1034,087
228,440
25,911

5,602,215

...........

87,438
79,021
578.955
18,503
26,052
11,907
15,552
19,260
11.995
139,500
18,223
6,078
21,900
41,119
33.438
33,401
7,403
676
1,629
332,715
102,184
47,895
5,940
60,076
32.864
407,040
52,549
149,896
76,959
217,698
474,788
62,341
198,555
314,249
15,914
16,894
32,936
6,959
3->,400
30,560
121,100
9,421
370,150
1»2.22 «
19,505
30,80 i
32,207
228,111
26,512

5,595,231
—

3,880
168
1,017
1,844
654
713
1,149
1,094
127
2,604
22,364
2,182
4,998
Ì«',39Ó
1,805
4,676
5,919
22,668
2,122
15,268
417
388
8,116
1,872

m
m
m
6,100
353
1,806
16,647
7,674
1,880
329
159,834
6,981

17,393
11,205
22,226

773
1,708
11,100
700
61
203
151

12,478
8,137

36,578
4,642

300
16,002

_T_

2,696
601
152,850

For the first week of December our final statement covers
78 roads, and shows 2’47 per cent gain in the aggregate.




-Gross Earnings.1893.
1894.
$
$
13,397
13,592
143,235
.
142,592
54,341
61,539
A labam a M idlaud___Get
404,429
459,451
J a u . I to Oct. 3 1 .....
163,3 42
183,939
J u ly 1 to Oct. 31___.
190,901
A llegheny V alley...... Oet,i. 223,859
J a u . 1 to Oct. 3 1 __ . 1,791,093 2,035,554
11,496
1 6 ,2 9 8
A rkansas M idland— Oct
63,955
71,730
Ja n . 1 to Oct. 3 1 ....
At. T. & 8. F e . . . . b ..Oct.i. 3,165,260 3,426,764
J u ly 1 to Oct. 3 1 ..... 9,674,675 12,016,779
660,982
St. L. & San F r..b ..O o t.. 649,221
. 2,245,17 7 2,383,528
232,436
. 318,974
. 1,024,432 1,000,917
142,173
.
150,946
Colorado Midl’d .b ..O ct.
400,536
.
543,633
Ju ly 1 to Oct. 31
;. 4,234,411 4,512,360
A ggregate total.b..<
Ju ly 1 to Oct. 3 L .13,488,019 15,876,309
60.901
53,671
A tla n ta & W P o in t...O ct.
356,100
391,948
J a u . 1 to O ct. 3L . . .
163,162
151,301
Ju ly 1 to Oct. 3 1 ___
26.931
23,132
A ustin & N o rtb w .. .O ct.
192,933
203,2 42
Ja n . 1 to Oet. 3 1 ....
B altim o re St Ohio—
. 1,443,661 1,418,542
.15,515,574 17,3 ¿3,111
. 7,924,962 8,002,231
588,840
. 437,722
. 4,317,530 6,054,003
, 2,225,960 2,955,174
. 1,888,383 1,935,391
T otal S y s te m .. b . .
.19,833,13 4 23,377,114
J a n . 1 to Nov. i
.10,150,922 10,957,405
Ju lv 1 to Nov. i
577,336
594,104
dB . & O .S o u tb w .b ...O e t..
Ju ly 1 to Oct. 31 . . .. 2,280,181 2,303,163
8,248
8,159
B atb& H am m onds. ..O ct.
27,810
27,151
J a n . 1 to Oct. 3 1 ....
2,289
1,654
Birm . & A tla n tic .b ..O e t.
24,726
17,505
Ja n . I to O ct 3 1 ___
7,556
6,695
Ju ly 1 to Oct. 31 . . .
15 2,644
143,3 44
B r’klvu E lev ated a ..Oet.
Ja n . 1 to Oet. 3 1___. 1,441,932 1,54 0.183
547,490
J u ly 1 to Oet. 3 1 ..... ‘ 5 24,334
42,363
59,561
B runsw ick & W est.. Oct.
138.651
136,033
J u ly 1 to Oct. 3L . . ..
Roads.

---- N et E arnings.'
1894.
1893
9
9
4,922
5,6 49
37,2 16
39,767
17,636
15,128
25,219
533
18,362
8,001
95,697
81,232
639.140
751,612
12,535
8,135
35,004
23,356
1,134,299 1.416,843
2 207,610 4,555,230
318,014
313,936
1.039,301 1,046,337
87,541
27,715
193,530
100,965
31,485
30,253
43,6 ¡9
47,027
1,571,339 1,788, ■’47
3,484,072 5,749,860
38,135
30,625
146,859
109,644
60,331
72,560
17,051
15,277
66,445
. 81,330
534,773
5,179,281
2,964,644
72,836
637,9 57
463,913
607,659
5,817,23*
3,433,557
237,041
919,834
6,337
13,172
def.912
454
def.73
58,7 51
554,600
193,651
29,434
68.826

433,762
5,738,975
3,005,665
179,278
1,361,515
979,331
613,040
7,1^0,490
3,985,496
212,392
898,526
6,413
14,996
679
1,130
1,335
65.637 •
630,719
196.752
15,172
4 4 ,2 7 5

1100

THE CHRONICLE.

— Net E arnings.—
-Gross Earnings.1894.
1893.
1894.
1893.
<B
$
Roads.
88,890
286,183
284,774
105,388
Bufi. Roch. & P itts .. b..O ct.
632,557
888,169
J a n . 1 to Oet. 3 1 .... 2,215,086 2,861,15L
384.004
395,717
J u ly 1 to Oct. 3 1 .... 1,132,198 1,204,931
125,960
261.005
B u rl. C ed .R .& N o .a—Oct. 409.997
524,086
774,549
982,261
J a n . 1 to Oct. 3 1 . . . . 3,080,632 3,443,819
4,273
5,377
C a m d e n & A tl....... a ..O c t.
54,285
50,245
201,057
281,695
J a n . 1 to Oct. 3 1 . . . .
811.493
766,750
946,426
C anadian P aciflc.a...O ct. 2,190,968 2,164,821 1,010,248
J a n . 1 to Oct. 3 1 ....1 5 ,2 7 7 ,9 5 1 1 7 ,2 8 0 ,0 3 5 5,019,208 6,243,2 j 5
7,220
8,476
3,624
4,418
C aro lin a M idland__ Oct.
Ja n . 1 to Oct. 3 1 . . . .
48.624
49.856
12,970
10,267
Ju ly 1 to Oct. 3 1 ....
27,002
26,346
13,244
11,040
Cent, of N. Je rs e y .a ..O c t.
1,097,839 1,303,033
394,113 583,225
J a n . 1 to Oct. 3 1 ....1 0 ,1 5 6 ,9 4 2 12,218,105 fc3421,426 4,912,505
C en tral P ac ific ..b ...S e p t.
1,318,628 1,433,429
541,111 732,260
J a n . 1 to Sept. 3 0 .... 9,618,686 10,797,693
3,583,261 4,334,764
C har. Cin. & Chic.......Oct.
16,577
14,499
4,199
1,309
J a n . 1 to Oct. 3 1 ....
134,210 123,671
13,796 def.45,091
4,063
3,597
C har. & S av an n ah . ..O ct.
43,557
41,975
123,921
133,338
J a n . 1 to Oct. 3 1 ....
516,770 523,841
19,436 def.6,056
Ju ly l to Oct. 3 1 ___
155,004
141,284
7,180
def.2,745
C har. Sum t. & N o r..S e p t.
20,495
11,157
1 12,514 def. 10,944 def.14,269
J a n . 1 to Sept. 3 0 ---- 117,168
4,448
5,563
1,142
2.112
C h a ta u q u a L ak e.......Sept.
J a n . 1 to Sept. 3 0 ___
33,838
44,598
6,700
4,975
C h eraw * D a r i . . b . . .O ct.
11,916
10,093
7,606
5 ,5 /3
J a n . 1 to Oct. 3 1 ...-.
71,587
74,790
13,370
18,389
J u ly 1 to Oct. 3 1 ....
30,997
26,541
13,191
6,528
O hesap.'& O h io ..a ...O c t.
870,882
831,422'
302,663
310,051
J a n . 1 to Oct. 3 1 . . . . 7,530,518 8,379,408 2,508,599 2,632,513
J u ly 1 to Oct. 3 1 ---"""
78,936
203,012
97,818
231,629
Ches. O. & So’ w u .b . -O c t.
680,041
611,994
J a n . 1 to Oct. 3 1 — . 1,756,441 1,924,775
125,214
125,719
277,026
239,313
C hic.B ur.& N orth; b.. Oct.
718,676
1,540,862 1,996,672
478,687
3.084,199 3,843,746 1,564,489 1,814.488
26,464,923 32,365,719 10,276,912 11,256,703
2,990,874 3,922.658 1,237,957 1,891,343
23,750,828 28,157,770 8,087,622 9,290,435
10,072,553 11,947,405 3,446,659 4,434,708
Chic. Peo. & St. L ouis.—
245,662
203,221
64,148
Ju ly 1 to Sept. 3 0 .....
190,901
56,159
71,931
163,772
Chie. & W. M ich........ Oot.
315,703
264,095
1,339,702
1,616,665
Ja n . 1 to Oct
5,702
10,207
54,227
58,158
C in .Jack . & M a c k .b -O c t.
94,395
89,527
562,496
524,987
J a n . 1 to Oct. 3 1 ---49,761
31,906
221,835
233,193
J u l y 1 to Oct. 3 1 ....
40
812
def.118
979
Cinn. & K en t. So...... Oct.
def.23 9
8,413
10.447 def. 3,831
Ja n . 1 to Oct. 3 1 — .
5,644
2,481
23.042
25,465
Cin. P o rts. & V ir.b ..,O c t.
35,337
223,892
41,816
211,105
J a n . 1 to Oct. 3 1 ....
16,340
21,139
93,882
95,048
Ju ly 1 to Oct. 3 1 ....
27,263
30,238
77,844
82,890
Clev. A kron & C o l.b .Oct.
229,193
226,103
722,663
824,023
J a n . 1 to Oot. 3 1 — .
99,171
116,441
294,544
319,883
Ju ly 1 to Oct. 3 1 ....
12,364 dei.9,416
61,709
68,257
Cleve. C anton & So.Sept.
28,863
233,893
50,530
197,496
J u ly 1 to Sept. 3 0 ....
339,641
326,829
C lev .C in .C .& S t.L .a..O ct. 1,290,200 1,256,460
J a n 1 to Oct. 3 1 ....1 0 ,5 5 0 ,8 3 7 11,579,553 2,630,510 2,796,689
J u ly 1 to Oct. 3 1 - - . 4,633,517 4,906,615 1,120,475 1,209,219
24.724
6,991
P eo ria & E a s t’n .a .O ct;
140,699
160,743
188,789
165,493
J a n . 1 to Oct. 3 1 ___ 1,303,962 1,451,836
101,360
147,005
638,267
590,634
J u ly 1 to Oct. 3 1 ....
~~~
r'r'r'
62,407
45,407
144,754
131,645
d e v . L or. & W heel.. Sept.
145,692
159,426
413,909
428,040
J u ly 1 to Sept. 3 0 —
161,605
70,463
216,361
331,468
Col. H . V. & T o l.b . . Aug.
897,500
691,817
J a n . 1 to Aug. 31 . . . 1,664,492 2,166,479
Col.-Sandusky & H ock.—
181,581
333,358
410,590
J u ly 1 to Oct. 3 L ....
390
1,023
438
999
C ry sta l........................ .Oct.
2,839
5,318
12,736
8,875
J a n . 1 to Oct. 3 1 ....
27,201
34,961
78,095
80,302
C um berland Y alley .. .Oct.
206,417
743,774
222,511
664,287
J a n . 1 to Oct. 3 1 ....
337,995
324,774
668,429
726,758
Den. & R. G ra n d e .b ..O c t
l i n 1 to Oct. 3 1 . . . . 5,516,035 6,518,872 2,212,788 2,614,766
J u ly 1 to Oct. 3 1 . . . . 2,463,466 2,210,437 1,070,820
836,547
28,553
29,525
D et. L ans. & N o r.a ..O c t.
108,002
113,268
200,842
163,106
J a n . 1 to Oct. 3 1 . . . .
910,103 1,016,453
20,494
26,110
Ed.El.I11.0o.,Bklyn..N ov.
50,018
36,930
120,986
159,375
Ja n . 1 to Nov. 3 0 . . . .
370,813
231,934
65,586
82,291
E d iso n E l.il. Co.,N.Y. Nov.
145,904
121,702
645,782
506,710
Ja n . 1 to N o v . 3 0 . . . . 1,236,017 1,078,370
43,805
41,300
E lg in J o lie t & E .a ..O c t.
107,955
104,576
205,531
248,538
786,53b
859,437
DKn
Ja n . 1 to Oct. 3 1 ---107,251
109,616
324,456
365,573
J u ly 1 to Oct. 3 1 ....
2,351
3,934
4,646
6,651
E u re k a S p rin g s........ Sept.
29,024
29,009
59,592
51,442
J a n . 1 to Sept. 3 0 ....
14,301
31,485
101,845
159,150
F la . Cent. & P e n .....J u ly
307,726
462,161
980,564
J a n . 1 to Ju ly 31 ---- 1,478,426
62,309
68.205
214,384
F lin t & P e re M a r.a ...O o t.
216,963
584,160
552,044
Ja n . 1 to Oct. 3 1 .... 2,009,376 2,339,095
40,541
79,453
F t. W o rth * D en.C ity.O ct.
177,121
136,553
279,849
187,927
J a n . I t o Oct. 3 1 .... l f,007,418 1,223,412
23,520
50,921
F t. W o rth & Rio G r .. Oot.
81,386
44,791
325
335
G a d s d e n & A tt.U n ...O c t.
576
574
3,114
4,943
J a n . 1 to Oct. 3 1 ---5,537
8,005
88,733
77,833
G e o r g i a .a ....__.....N o v .
157,816 _ 155,402
Tan T to Nov. 3 0 .... 1,214,521 1,277,415 1377,388 1377,512
J u ly 1 to Nov. 3 0 ....
600,356
610,700 1220,301 f1265,125
17,846
G a.S o u th ’n & F la .b ..O o t.
80,882
68,650
24,191
94,309
J a n . l t o Oct. 3 1 . . . .
714.460 658,173
156,230
33,482
J u ly 1 to Oct. 3 1 ....
291,628 243,479
66,630
44,809
G ran d R ap . & I n d .... Oct.
224,295 226,824
37,022
445,716
J a n . l to Oct. 3 1 ....
2,057,140 2,403,857
492,406
696,176
1,802,988 2,032,681
601,327
G ran d T r’k of C an __Oct.
J a n 1 to O o t.'3 Ì - . . . 14,720,084 16,511,059 4.245,121 4,763,130
J u l y ! to Oct. 3 1 .... 6,466,938 7,312,606 1,960,252 2,235,262
5,095
193,535
234,064
592,377
Chic. & G r’d T r .......Oct.
J a n T to"Oot. 3 1 .... 2,267,849 3,647.940 def.5,073
860,454
618,540
d
—
827,326
1.898,305
def.51,179
J u ly 1 to Oct. 3 1 ...
18,775
*>et- Gr. H. & M il...O c t.
100,374
103,387
15,719
155,708
J a n . 1 to Oct. 3 1 ....
850,984
948,262
114,239
84,159
J u ly 1 to Oct. 3 1 . . .
386,934
415,875
64,059




LVOU LIX.

-Gross E arnings.
-Net E a rn in g s.-----.
1894.
1894.
1893.
1893
Roads.
$
$
$
$
8,000
4,411
6,278
G ulf & C h ic a g o ..b ..N o v .
1,042
3.841
43,413
40,200
5,713
J a n . 1 to Nov. 3 0 ___
1,341
Hoos. Tun. & W ilm ..N ov.
3,691
3,581
1,247
31,420
69,913
55,034
H oust. E . & W. T ex..N ov.
28,023
153,937
419,855
402,519
J a n . 1 to Nov. 3 0 ___
143,305
J u ly 1 to Nov. 3 0 ___
229,977
193,447
99,838
81,957
571,164 1,18 5 ,3 7 6
Illinois C en tral, a ...O c t. 1,841,814 2,668,343
J a n . 1 to Oct. 3 1 ....1 4 ,7 5 1 ,8 1 4 18,438,582 3,648,852 6,103.977
J u ly 1 to Oct. 3 1 .... 6,234.489 8,537,752 1,620,446 3,155,844
8,679
2,85»
35,615
End. Deo. & W est.. .Oct.
37,289
375,802
75,938
88,933
J a n . l to Oct. 3 1 ....
334,664
59,349
39.012
155,910
J u ly 1 to Oot. 3 1 ....
169.818
201,306
63,090
93,310
Towa C e n tra l......... b ..0 c t.
158,867
Ja n . ! to Oct. 31 . . . 1,385,245 1.564.493
424,811
523,855
193,004
256,476
J u ly 1 to Oct. 3 1 ____
571,635 656.838
def.613
def. 47
3,653
Iro n R a ilw a y ___b ...O c t .
3,038
32,620
4,267
2,938
J a n . I to Oct. 3 1 ....
33,016
10,135
/ J u l y l to Oct. 3 1 . . . .
13,482
1,984
94
14,66$
13,591
51,013
Ja ck . Tam . & K. W .. .O ct.
55,526
238,726
209,608
J a n . 1 to Oct. 31 ____
640,801 643,031
11,827
11,697
34,008
K an aw h a * M ich. b .. Oct.
40,181
82,238
90,309
301,529
Ja n . 1 to Oct. 3 1 . . . .
319,106
41,594
39,996
143,642 127,975
J u l y l to Oct. 31 ____
149,520
181,297
480,266
g K a n . C.Ft. S .& M .a.O ct.
455,360
J a n . 1 to Oct. 3 1 ___ 3,942,055 4.321.493 1,186,501 1,045,019
499,186
429,979
J u ly 1 to Oct. 3 1 ___ 1,587,854 1,619,628
25,489
32,739
106,066
K an.C . Mem. & B .a ..O c t.
99,667
99,997
110,192
889,056
Ja n . 1 to Oct. 3 1 ....
832,497
40,937
40,262
341,772
J u ly 1 to Oct. 3 1 ,...
333,219
8,946
14,443
37,472
K eo k u k & W est’n b ...O ct.
31,402
96,836
111,355
326.585
J a n . 1 to Oct. 3 1 . . . .
307,652
7,222
1,651
2,014
9,143
L. E rie All <fc S o .a ...O c t
11,452
8,902
63,054
65,502
Ja n . 1 to Oct. 3 1 ....
286,029
131,501
127,322
297,037
L. E rie & W est’n .b ...O ct.
J a n . 1 to Oct. 3 1 .... 2,746,603 2,981,463 1,183,719 1,231,199
143,740
27,278
58.852
129,047
Louis v.Ev. & St. L. ...O ct
251,955
411,958
Ja n . 1 to OCD. 3 1 .... 1,181,269 1,434,950
750,552
696,204
Louisv. & Nashv..l!»-0ct 1,865,196 1,649,552
J a n . 1 to Oct. 3 1 .... 15,893,869 17,065,666 5,856.184 5,935,878
J u ly 1 to Oct. 3 1 ... 6,675,455 6,346,956 2,620,209 2,426,204
130,244
352,420
292,527
109,138
Louisv. N. A. * C .a...O ct.
773,139 1,028,335
J a n . 1 to Oct. 3 1 .... 2,386,232 2,979,047
407,439
539,770
J u ly 1 to Oct. 3 1 .... 1,091,148 1,364,223
10,593
39,163
41,390
10,779
Louisv. St. J.& T ex ..O ct.
69,057
155,478
352,109
461,329
J a n . 1 to Oct. 3 1 ....
2.049
2,171
7,730
6,228
M acon & B inning. -O c t.
8,573
8,956
55,550
62.313
J a n . 1 to Oct. 3 1 ....
3,987
4,633
26,064
21,820
J u l y l to Oct. 3 1 ....
def.796
557 def.8,541
def.983
M a n istiq u e...
...O ct.
32,122
25,678
71,293
54,755
to
3
1
....
Jan . 1
Oct.
335,221
356,585
763,744
720,991
M exican C e n tra l..
Ja n . 1 to Oct. 3 1 .... 6,986,628 6,563,381 2,351.919 2,293,447
168,918
64,122
78,256
Mex. In te rn a tio n a l..O c t.
182,617
662,359
538,620
J a n . 1 to Oct. 3 1 .... 1,697,407 1,673,346
349,576
f
!
9
0
,6
l8
fl5
2 ,0 0 3
M exican N a tio n a l__ Oet.
406,872
J a n . l to Oot. 3 1 ___ 3,529,186 3,535,869 f 1,488,624 f 1,310,750
.............
34.850
............
M exican N o rth ern __ Oct.
59,847
.............
282.368
............
J a n . 1 to Oct. 3 1 . . . .
532,529
201,745
119,198
103,848
Minn. & S t.L o u is .a .-O c t.
220,205
576,963
542,584
J a n . 1 to Oct. 3 1 . . . . 1,469,421 1,494,967
635,259
315,778
280,072
J u ly 1 to Oot. 3 1 ___
686,107
22,830
def.3,667
d
ef
5,078
M obile & Birm . .....A U g .
20.796
41,053 def. 11,466 d e f ,17,335
J u ly 1 to A ug. 3 1 . . . .
37,657
382,037
167,649
174,201
Nash. Ch. * St. L . b ... Nov.
4 0 9 ,3 18
J a n . I to Nov. 3 0 .... 4,207,994 4,350,244 1,6-^6,542 1,763,080
828.955
830,234
J u ly 1 to Nov. 3 0 ... 1,956,454 1,892,888
2,779
444
494
N evada C e n tra l........ Oct.
2,626
34,051
d e f.3 l3
6,460
Ja n . 1 to Oct. 3 1 ....
20,707
9,600
def.884
1,149
J u ly 1 t.o Oct. 31 . . .
7,490
11,075
370
468
New O r l.* S o u th .a -- O c t.
9,658
97,712 def.4,021 def.5,734
J a n . 1 to O ct. 3 1 ___
77,556
33,667 d ef.2,290 def.3,49©
J u ly 1 to Oot. 3 1 ....
29,092
N .Y .L.E. & W est’n .e .O c t. 2,356,218 2,722,118 “812,705 *1,016,686
J a n . 1 to Oct. 3 1 .. 20,254,890 24,834,406 “5,729,599 *8,128,154
120,636
127,282
353,766
368,821
N. Y. O nt. & W e s t.a ..O c t
856,028
936,938
J a n . 1 to Oct. 3 1 ___ 3,157,897 3,306,931
487.793
472,345
J u l y l to O ct. 3 1 . . . . 1,410,936 1,500,950
79,730
41,551
144,895
164,407
N. Y. Sus. & W est.b... Ju ly
428.825
3*1,333
997,043
947,950
J a n . 1 to Ju ly 3 1 ___
14,691
14,330
37,631
35,630
N o r fo lk * S o u th ........Oct.
125,481
110,124
361,055
363,416
J a n . 1 to Oct. 3 1 . . .
42,293
36,645
129,263
126,097
J u ly 1 to Oct. 3 1 ---350,152
260,137
931,377
967,570
N orfolk & W e s t.a ....O c t.
J a n . 1 to Oct. 3 1 . . . . 8,552,510 8,405,478 2,216,707 2,407,752
210,088
601,192
208,839
615,791
N o rth ern C e n tra l.b . Oct.
J a n . 1 to Oct. 3 1 .... 4,969,167 5,810,091 1,526,012 1,796,004
34,277
37,214
73,992
81,369
Ohio R iv e r .b ...............Oct.
267,020
235,286
6707943
595,960
J a n . 1 to Oct. 3 1 ___
41,359
50,707
66,417
87,909
Ohio S outhern ............ Oct.
116,789
171,076
296,342
216,615
J u ly 1 to Oet. 31 —
82,037
54,025
316,068
350,605
Oregon Im p. C o ..a ...O c t.
622,031
568,858
J a n . 1 to Oct. 3 1 ___ 3,158,769 3,253,205
666,712
590,402
Deo. 1 to Oct. 3 1 ___ 3,439,746 3,554,850
P enn, (east P.& E.)...O ct. 5,839,993 5,480,275 2,197.166 1,843,525
J a n . 1 to Oot. 3 1 ..-.4 8 ,0 8 4 ,6 3 8 55,734,226 14,883,335 15,967,191
Deo. 265,062
Dec. 280,896
L ines w est P.& E .j Oct.
Deo. 1,943,723
D ec.5,543,187
Ja n . 1 to Oct. 3 1 ---77,051
78,340
17,492
35,531
P eoria Dec. * E v .. ...O c t.
706,200
750,552 194,39 7 3 25,317
Ja n . 1 to Oct. 3 1 ....
40,056
37,600
17,932
16,033
P e te rsb u rg .................. Oct.
436,370
446,250 157,728
155,197
J a n . 1 to Oct. 3 1 ---161,784
152,342
79,042
57,538
J u ly 1 to Oot. 3 1 ---414,437
495,303 122,600
184,756
P hiladelphia & E rie -O c t.
4,397,475 879,456 1,400,638
J a n . 1 to Oct. 3 1 . . . . 3,301,701
2,127,430 933,804 1,053,161
PhUa. & R e ad in g ...... O ct 2,001,792
J a n . Î to Oct. 3 1 ....1 6 ,6 5 9 ,1 7 6 18,912,607 7,193,815 7,538,247
Dec. 1 to Oct. 3 1 ..-.1 8 ,4 1 1 ,6 8 7 20,880,9 74 7,974,043 8,414,091
Coal & Iro n Co ....O c t. 2,485,087 2,923,622 d e f.45,062
370,940
J a n . 1 to Oct. 3 1 ....1 7 ,7 3 3 ,2 2 0 19,918,218 def.68.479
836,040
Deo. 1 to O jt. 3 1
20,012,530 21,623,564
48.974
824,786
5,051,052 888,742 1,424,101
T o ta l b o th Co’s .......Oct. 4,486,879
Ja n . 1 to Oct. 3 1 ....3 4 ,3 9 2 ,3 9 6 38,830,825 7,125,336 8,374,287
Deo. 1 to Oct. 3 1 ....3 8 ,4 2 4 ,2 1 7 42,504,538 8,023,017 9,238,877

D e c e m b e r 2 2 , 1894, |

THE CHRONICLE

—Net E a rn in g s.----Gross E arnings.—r1894.
Ì893.
1894.
1893.
$
$
$
$
In c. 94,409
Inc.
42,565
Deo. 337,825
1 D eo.1,656,160
1,243
4,259
1,876
def. 356
29,366
5,390
1,341
2 i,995
118.390
79,434
285,390
216,310
938,842
380,820
30>,431
1,005,698
142.602
78,696
69,802
26,863
488,220
476,425
1,132,281 1,221,399
17,871 def.5,961
303
17,430
20,943
164,894 def.4,071
158.220
4,032
18.840
19,029
3,733
212,162
249,708
53,355
58,698
62,225
51,099
23,804
14,269
624,030
195,612
583.8 71
212,001
45,897
220,030
201,553
73,970
2 5 ,3 2 1
8,194
5,036
27,55 4
287,702
69,132
65,760
278.459
102,405
18,300
110.460
25,690
30,457
16,710
40,759
24,562
407,869
306,532
176,815
152,391
78,474
109,526
145,201
45,417
226,950
97,236
239.181
101,228
694,341
1,757,465 1,900,2 41
550,127
327,380
789,229
799,107
285,019
3,504
12,429
5,784
11,008
101,151
107,953
30,129
33,791
7,620
2,703
7,825
1,989
23,372
71,831
78,628
21,056
62,969
139,039
70,085
137,109
521,680
482,980
1,104.371 1,309,384
523,374
24 >,922
224,039
487,291
643,500
551,773
294,000
203,000
260,450
1,707,641 1,557,576
483,639
192,946
159,722
61,985
87,630
382,242
1,204,981 1,468,987
380,897
226,544
230,864
577,904
641,537
240,257
235,033
114,808
111,476
395,334
1,467,000' 1,521,082
263,135
66,762
24,449
69,153
20,747
778,611
768,978
287,771
245,164
185,302
413.702
384,496
146,467
44,991
22,080
56.884
10,481
412,664
48.817
44,243
376,334
161,379
150,2 80
40,767
20,391
335,284
293,979
108,338
111,261
2,597,313
846,916
2,706,996
817,499
1,117,084
970,127. 260,869 . 202,428
8,834
8,147
5,265
5,490

Roads.
f i tt a . C. C. <fe St. L ...N ov.,
J a n . 1 to Nov. 3 0 .....
Fitts. M ar. & O hio...O ct.
Ja n . 1 to Oct. 3 1 ___
P ittsb u rg & W estern.O ct..
J u ly 1 to Oct. 31 . . ..
P itts. Youngs. & A. ..N ov.
Ja n . 1 to Nov. 3 0 .....
F o rt R oyal & A u g ....Ju lyr
Ja n . 1 to J u ly 3 1 ...
Òuin. O m .& K. C .b ..N o v .
Ja n . 1 to Nov. 3 0 ___
Rich. F red. & P o t__ Oct.
.
J a n . 1 to Oct. 31
Ju ly 1 to Oct. 3 1 ___.
Sloh. & P etersb u rg ...O ct.,
Ja n . 1 to Oct. 3 1 ___
J u ly 1 to Oct. 3 1 ___
Rio G rande S o u th . b .. O ot.,
J a n . 1 to Oct. 3 1 ....
Ju ly 1 to Oct. 3 1 .....
r io G rande W est.b ..O ct.
Ja n . 1 to Oct. 31. ...
J u ly l to O jt. 31 . . ..
Sag. T u s.& H u ro n __ Oct.
Ja n . 1 to Oot. 31 . . .
Sag. Valley & St. L ...O ct.
J a n . 1 to Oct. 3 1 ___
S t. L. A. & T. H. b . . . .Oct.
Ja n . 1 to Oct. 3 1 .....
J u ly I t o Oct. 3 1 ....
St. L ouis S o u th w’d ...O ct..
.
J u ly 1 to Oot. 31
St. P au l & D u lu th .b ..O ct.i.
Ja n . 1 to Oct. 31
.
J u l y l to Oct. 31 . . ..
San Ant. & Aran. P ...O ct.
Ja n . 1 to Oct. 3 1 .. .
S an F r.& N .P a c .a __ Nov.
Ja n . 1 to Nov. 3 0 ___.
J u ly 1 to Nov. 3 0 .....
Sav. Am er. ds M o n t...O ct.
Ja n . 1 to Oot. 3 1 .....
J u l y l to Oct. 3 1 ... .
Sav. Fla. & W est..b ..O ct.
Ja n . 1 to Oct. 3 1 ___.
Ju ly 1 to Oct. 3 1 .....
S ilv erto n ..................... Oct.
S o u th ern Pacific Co.—
192,692
428,594
172,09 3
G al.H . & S .A n t.b ...O ct.. 439,890
J a n . 1 to Oct. 3 1 ... 3,413,861 3,510,005
885,560
981,209
113,191
52,292
L ou isian a W est. b ..O ct.. 100,512
65.288
J a n . 1 to Oot. 3 1 ..
913,471
378,374
431Ì014
801,787
M’g an ’s La.& T .b ,..O o t.. 647,378
613,359
2 28,751
196,445
J a n . 1 to Oct. 3 1 ... 4,631,348 4,315,323
921,730
731,609
N .Y .T ex. & M ..b ..Oct.
33,345
18,474
31,746
20,946
Ja n . 1 to Oot. 3 1 ..
210,330
212,956
80,731
74,668
64,410
T ex as & N. O .-b .-.O c t..
159,166
153,606
75,809
J a n . 1 to Oct. 3 1... 1,261,698 1,472,471
503,569
669,336
565,852
A tlan tic s y s .- b -.|| .Oct.: 1,482,813 1,379,751
575,939
.10,460,756 10,555,782 2,897,582 2,827,291
. 3,215,395 3,332,009 1,433,311 1,597,107
.26,054,331 29,581,818 9,553,755 11,734,374
. 4,698,208 4,711,760 1,999,163 2,173,046
.36,515,087 40,137,600 12,456,337 14,561,665
So. P ae. of Cal. b..S ep t.. 792,705 1,002,411
294,587
547,605
J a n . 1 to Sept. 3 u ... 6,638,536 8,068,771 2,491,224 3,431,286
So. Pae. of Ariz’a.b S ept..
152,539
78,040
196.679
64,879
J a n . 1 to Sept. 3 0 ... 1,478,364 1,492,781
518,762
501,891
S o .P ac.o f N. M .b ..S e p t;.
81,445
70,877
3,434
26,233
Ja n . 1 to Sept. 3 0 ...
671,150
700,665
80,560
260,016
S outhern R ailw ay,a§O ct.. 1,817,082 1,685,325
746,697
639,164
J u ly 1 to Oct. 3 1 __. 5,304,920 4,907,889 1,820,229 1,380,010
S taten I. R ap. T r.b ...O c t.
76,801
73,665
25,587
24,326
Ja n . 1 to Oct. 3 1 ___. 920,557
893,698
319,580
361,538
Ju ly 1 to Oct. 31 . . .
457,940
437,572
2 21,224
213,227
Stony C l.& C. M ..b ..O c t.
2,522
483
2,481
689
Ja n . 1 £o Oct. 3 1 ___
41,131
44,261
18,815
14,131
J u l y l to Oct. 3 1 ....
29,401
28,238
16,897
17,991
8umm.it B ra n c h .........Nov,
108,733
109,411
14,804
3,752
J a n . 1 to Nov. 30
.
893,960 1,167,529 d ’f.16,319
92,427
L ykens V a lle y .. . . . Nov.
100,697
92,508
6,568 def.13,158
Ja n . 1 to Nov. 3 0 ...
801,224 1,010.574 def.21,077
55,150
T o tal b o th Co’s __ Nov,I
201,241
21,372 def.9,406
210,108
J a n . 1 to Nov. 3 0 ... 1,698,184 2,178,103 def.37.396
147,577
Tenn. Coal I. & R R ...N o v .
90,800
77,300
J a n . 1 to Nov. 3 0 ..
580,200
742.600
Feb. 1 to Nov. 3 0 ..
509,000
676.600
Tex. Sab. V. & N .W ..N ov.
7,450
5,858
2,289
2,598
J a n . 1 to Nov. 3 0 ___
42,758
51,933
4,838
15,241
T qI. A. A. & No. M ...O ot.
101,278
93,065
25,726
16,814
J a n . 1 to Oct. 3 1 ___.
885,425
869,859
214,465 def.61,757
Toledo & O. C en t.b -..O ct,. 216,818
191,932
82,954
78,421
Ja n . 1 to Oct. 3 1 __ . 1,503,331 1,666,080
573,037
532,667
J u l y l to Oot. 3 1 ..... 833,462
333,534
698,819
257,799
Tol. P eo ria & W est.b..N ov.
79,143
17,143
11,960
76,407
J a n . 1 to Nov. 3 0 ___.
818,676
894,60 > 174,315
211,226
J u ly 1 to Nov. 3 0 ___.
418,284
433,532
112,540
109,665
U lster & D elaw ’e .......Oct,
34,621
8,592
37,295
14,340
Ja n . 1 to Oct. 3 1 ..... 354,695
99,922
371,947
130,156
J u ly 1 to Oot. 31
.
179,799
84,512
191,498
63,440
U nion P acific—
. 1,700,014 1,756,470
703,773
837,448
.12,309,789 14,532,558 3,98 2,079 5,648,516
Oreg. S.L. & U .N . b .. Oct..
511,634
168,150
245,615
502,361
Ja n . 1 to Oct. 3 1 : .... 4,190,468 5,021,178 1,194,329 1,953,158
St. Jo s. & Gd. Isl.b -.O c t.
83,852
34,231
67,453
19,147
Ja n . 1 to Oet. 3 1 ___.
671,799
821,553
163,196
263,398
K an. 0 . & O m ...b ...O ct.
6.585
def.886
11,339 def.3,273
J a n . 1 to Oct. 3 1 ....
84,787
136,132 def. 23,219
18.114
C ent. B ra n c h . ..b... O ct¡.
31,294
42,799
2,086
7,235
J a n . 1 to Oot. 3 1 ..... 329,908
116,460
128,974
400,858




1101

- .Net E a rn in g s.----Gross E a rn in g s.—
1894
1893.
1894.
Ia 9 3 .
Roads
U n. P a c Concluded$
$
A tch. C. & Pac. b..O ct.
2,494 def.9,541
31,502
39,301
A t.Jew .C. & W ..
14,924
425,820
13,346
309,409
J a n . I to Oci. 3 1 ....
17,014
9,795
38,139
59,341
M ontana U nioD .b..O ct.
159,147
303,222
48,716
661,966
J a n . 1 to Oct. 3 1 ___
de f. 3 0 1
4,482
3,984
205
Man. A lm a & B . b ... Oct.
35,055 def. 11,078 def.20,439
35,630
J a n . 1 to Oct. 3 1 ___
930,553 1,150,465
G rand T o ta l. .b ......Oct. 2,514,381 2,653,416
J a n . 1 to Oct. 3 1 ....1 9 ,4 8 5 ,1 0 4 23,418,960 5,521,691 8,250,481
82,827
Ore. Ry.& N.Co.b.. Ju n e
97,677
337,961 df. 106,872
339,918
Ja n . 1 to J u n e 30 . . . 1,228,091 1,355,510 df.176,947
24,162
90,867
U n .P .D .& G u lf.b ...O ct.
206,752
307,215
492.534
444.567
J a n . 1 to Oct. 3 1 .... 2,203,036 3,015,582
79,453
40,541
F t.W orth& D .C -b.-.O ct.
177,121
136,553
137.9
17
270,849"
J a n . 1 to Oct. 3 1 .... 1.007,418 1,223,412
419,308
355,037
W abash, b ....................Oct. 1,173,808 1,402,703
Ja n . 1 to Oct. 3 1 . . . . 9,578,270 11,628,077 2,246,580 2,720,797
J u l y l to Oct. 3 1 . . . . 4,240,773 5,094,019 1,189,287 1,336,774
54,095
24,278
35,988
63,046Waco & N orthw ’n __ Oct.
72,200
108,183
178,937
211,995
J a n . 1 to Oct. 3 1 ___
32,101
29,074
126,883
123,299
West J e rs e y & B rs...O o t.
390,859
388,515
J a n . 1 to Oct. 3 1 .... 1,365,502 1,491,996
34,312
29,103
93,230
85,670
W est V a. Cent. & P..N ov.
315,674
395,648
918,354 1,084,798
Ja n . 1 to Nov. 3 0 ___
161,319
163,904
480,309
472,503
J u l y l to Nov. 3 0 ....
20,516
20,881
33,989
34,781
W. V irginia <fe P itts..S ep t.
155,625
306,234
154,524
277;343
J a n . 1 to Sept. 30 ___
36,972
44,634
103,242
W estern M a ry lan d ...O ct.
111,350
395,258
349,469
Ja n . 1 to Oct. 3 1 ___ 1,047,884 1,033,179
22,637
54,662
27,798
64,665
W est’n of A lab am a..O ct.
113,050
82,808
392,898
Ja n . 1 to Oct. 31 . . .
432,587
67,069
59,126
163,907
188,765
J u ly 1 to Oct. 3 i ___
110,166
105,154
314,169
297,635
W est.N .Y .& Penn. b...O ct.
818,226
849,574
Ja n . 1 to Oct. 3 i ___ 2,534,869 2,984,970
325,543
488,788
J u ly 1 to Oct. 3 1 ___ 1,288,477 1,186,470
7,538
20,686
W hltebr’s t F u el C o...O ct.
55,721
132,976
J a n . 1 to Oct. 3 1 ___
17,612
49,531
J u ly 1 to Oct. 3 1 ....
1,230
1,695
7.960
5,194
W rightsv. & T e n n .... Ju ly
12,512
3,678
Ja n . 1 to Ju ly 3 1 ....
44,103
42,410
a N et e arn in g s h e re g iven a re a f te r d ed u ctin g ta x e s ,

b N et e arn in g s h e re given a re befo re d ed u ctin g ta x e s ,
c N et earn in g s h ere given are a fte r deducting ta x e s on p ro p erty ,
d. C onsolidated line ¡"includes Ohio & Mississippi,
e In clu d es M ilw aukee & N orthern fo r ail th e period in b o th years,
f A fter d educting o th e r ex p en d itu res fo r rep airs, rep lacem en ts an d
general expenses, n e t incom e applicable to in te re st on bond3 in O cto­
ber w as $106,715, a g a in s t $96,431 la s t y e a r,a n d fo r te a m onths to O ct­
ober 31 $754,835, a g a in st $767,465 la s t year. This is th e re s u lt in
M exican dollars tre a te d (according to th e com pany’s m ethod of k e e p ­
ing its accounts) as e q u iv alen t to 80 cen ts in U nited S tates m oney—
th a t is, all d ep reciatio n beyond 20 p e r ce n t has alread y been allow ed
for. A dding earn in g s received from F ed eral G overnm ent to ta l n e t
av ailab le fo r in terest, in M exican dollars w o rth 80 cents, was $152,933
fo r O ctober, 1894, a g a in st $96,431 fo r O ctober, 1893, an d fo r th e te n
m o nths $878,722, ag ain st $767,465.
g Includes C u rren t R iv er a n d K ansas C ity C linton & Springfield
ro ad s
i Including o th er incom e, n e t from J a n u a ry 1 to N ovem ber 30 w as
$470,140. ag linst $440,264, a n d fro m JuLy 1 to N ovem ber 30 $251,677, a g a in st $296,50L
j Does n o t include G rand R apids & In d ia n a an d V andalia sy stem s
form erly included in th e m onthly sta te m e n ts.
I t T he charges fo r in te re st an d re n ta ls fo r th e y e a r to d a te show a
decrease of $262,979 from th e corresponding p eriod of la s t year.
* A fter d educting p ro p o rtio n due ro a d s o p erated on a p ercen tag e
b a s is .n e t in O ct., 1894, w as $584,055, a g a in st $753,96 5 in 1893;_for
te n m o nths from Ja n u a ry 1 to Oct. 31 $3,899,100 in 1894, a g a in st
$3,935,096 in 1893.
t Includes only one-half of lin es in w hich U nion Pacific h a s a p a r t
in te re st. F igures are given exclusive of resu lts on O regon R ailw ay &
N avigation, U nion Pacific D enver & Gulf, F o rt W orth & D env er City
an d L eavenw orth T opeka & S outhw estern.
HIn clu d in g incom e from ferries, &e.
§ J u ly m ileage was 2,011-57 m iles an d in clu d ed R ichm ond & D a n ­
ville proper. A ugust m ilpage w as 3,731-13 m iles an d included R ich ­
m ond & D anville, C harlotre Col. & A ugusta, Colum bia & G reen­
ville an d E a s t Tenn. Va. & Ga., b u t n o t L ouisville S o u th ern a n d
G eorgia Pacific. S eptem ber an d O ctober m ileage w as 4,404-7 m iles
a n d in clu d ed all lines. On e n tire m ileage, 4,404 m iles, gross earn in g s
from J u ly 1 to O ctober 31 w ere $6,149,247 in 1894, a g a in st $5,819,
913 in 1893, a n d n e t earn in g s $1,936,887, a g a in s t $1,450,615.
Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing,
also report charges for interest, &c., with the surplus or deficit
above or below those charges.
r—ln ler't, rentals, dtc.—. /—E at. o f Net E a rn s.—.
1893.
1894.
1894.
1893.
$
Roads.
$
$
$
13,347 .
10,111 def. 7,970 def.5,338
Cam den & A tl........... Oct.
86,030
‘152,454
129,241
115,027
Ja n . 1 to Oct. 3 1 ___
911,607
764,489
Ghio.Burl. & Quincy..Oct.
800,000
822,881
J a n . 1 to Oct. 3 1 ___ 8,000,000 8,228,809 2,276,912 3,027,894
39,172
23,400
32,759
32,759
Chic. & W est M ich....Oct.
326,974 def. 63,489 def. 11,271
Ja n . 1 to Oct. 3 1 ___
327,584
14,464
10,525
15,774
16,738
Clev. A kron & C o l...O c t.
104,061
107,137
232,504
222,768
Clev. Cin. Ch.& S t.L ...O ct.
314,115
183,018
895,104
937,457
J u ly 1 to Oct. 3 1 ___
36,802 def. 12,078 def.29,811
36,802
P eo ria & E a ste rn ...O c t.
def.201 def.45,846
147,206
147,206
J u ly 1 to Oct. 3 1 ___
120,576
133,967
204,198
D enver & Rio G r’de..O ct.
204,028
28,794
807,753
259,619
811,201
J u ly 1 to Oct. 3 1 ___
3,283
26,242
def.1,246
29,799
Det. L ans. & N o r.......Oct.
262,734 df. 136,271 def.61,892
299,377
J a n . 1 to Oct. 3 1 ....
10,329
15,793
51,980
52,412
F lin t & P e re M arq__ Oct.
79,000
505,160
36,033
516,011
J a n . 1 to Oot. 3 1 ....
69,832
111,465
39,948
109,572
*K an. C. F t. S. & M ... Oct.
449,591
58,470 def.19,612
440,716
J u ly 1 to Oct. 3 1 ___
14,260 d ef.6,368
39,107
11,229
K an. C. Mem. & B ir,.O ct.
44,915
156,428 def.3,978 df. 116,166
J u l y l to Oct. 3 1 ....
72,635
73,922
54,687
57,579
L ak e E rie & W est’n ...O ct.
690,539
540,660
618,305
565,414
Ja n . 1 to Oct. 3 1 ....
51,092
42,132
123,109
125,517
N ashv.C hat & S t.L . .Nov.
190,865
219,163
638,090
611,071
J u ly 1 to Nov. 3 0 ___
19,896
21,700
30,811
19,656
Ohio S o u th ern ......O c t .

1102

THE CHRONICLE,

[V ol, LlX,

,— B a i. o f Net E a rn .— >
Directors are Watson B. Dickerman, Walter S. Johnston,
1894.
1893.
William G. Dominick, John G. Moore, Henry Sampson, Alex.
$
$
T.
Van Nest, Cornelius N. Hoagland and John W. Simpson,
d ef.8 3 4
def. 1,568
def. 14,510 def.12,194 all of New York City, and Dean Sage, of Albany, N. Y.
31,232
21,693 Officers—President, Watson B. Dickerman ; Vice-President,
139,497
121,573 Walter Si Johnston ; Secretary and Treasurer, M. W. Dom­
94,611
63,925 inick ; General Manager, Morris K. King ; Auditor, I. P. Jer7,216
3.406
Annual met ting
99,136
59.757 nigan. New York office, 74 Broadway.
first Thursday in March.
17,000
31,100
def. 8 8,000
73,600
EARNINGS, EXPENSES AND CHARGES.
t48,987
15°,962
1893-94.
1892-93.
1153,838
tl9 3 ,3 L 8
$
E a rn in g s—
$
13,977
13,035 F r e ig h t.......
275,912
274,384
174,442
172,060 P a sse n g e r__
71,906
74,923
M ail................
. 87,565
87,853
In clu d es C. R. a n d K. C. C. & S. t I n c lu d e s o th e r incom e.
T o ta l................................................................ 435,383
437,160
E x p en ses a n d ta x e s ..................... ............... 297,824
295,142

Reads.
Sag. V alley St. L ...O ct.
J a n . 1 to Oct. 3 1 ....
S t.L o u is Alt.& T.H, ..O ct.
Ja n . 1 to O ctr 3 1 __
Ju ly 1 to Oct. 3 1 __
S an F ra n . &No. P ao... Nov.
J u ly 1 to Nov. 3 0 ___
T enn. Coal I. & R R ..N ov.
Feb. 1 to Nov. 3 0 ....
Toledo & Ohio C ent..O ct.
Ju ly 1 to Oct. 3 1 ___
W est Je rs e y & B rs...O c t.
Ja n . 1 to Oct. 3 1 ___

■Int'r't., Rentals, tie.—.
1894.
1893.
$
$
3,557
3,557
35,566
35.566
38,853
41,276
400,107
343,483
146,311
160,164
17,233
17.341
86,166
86,710
60,300
59,700
597,000
603,000
34,050
2 7 /2 4
136,641
104.828
18.124
16,039
214,073
218,799

ANNUAL *REPORTS.
New York Pennsylvania & Ohio Railroad.
( Report for the year ending Sept. 30,1894.)
During the year the property remained in the hands of the
New York Labe Erie & Western RR. Co., the lessee, under
the decree of the United States Court of July 26,1893, the
lessee company being called upon to pay on account of rental
only such net earnings as it might make from the use of the
property. The net earnings during the year were $1,425,753,
of which there has been paid to the N. Y. Pa. & Ohio
$1,254,205.
The total grogs income, if the rental had been paid in full
on the old basis, would have been $1,959,433, of which $1,910,327 from rent of road, the balance being $22,305 from rent
of equipment on the ore docks at Cleveland, $10,709 from
“ surplus first mortgage bonds, London office,” $10,000 from
equipment trust of 1890, etc. In addition, $58.660 was re­
ceived from proceeds of sale of Chic. Sc Erie RR. Co. bonds,
applied to payment of prior lien interest and $179 from the
trustees in London for stamps on hand. [These items, with
the gross $1,959,433, make a total of $2,018,272, which is
the “ total net income” shown in the advance statement
published on page 966 in the C h r o n i c l e of December 1. This
statement contains the year’s disbursements as mentioned in
the annual report, and to it reference should be made.]
The $1,254,205 received in cash from the receivers on ac­
count of rental was only sufficient to meet taxes, sub-rentals,
current expenses and the interest at 6 per cent on the $8,000,000
of prior lien bonds. The amount of arrears of net earnings
due as of Sept. 30, is $171,548.
There were carried during the year 4,006,942 tons of mer chandise freight, a decrease of 857,076 tons compared with
the amount carried last year, and 1,962,991 tons of coal, a de­
crease of 841,680 tons compared with the amount carried last
year. The gross earnings appear small, but they are not a3 small
as they v ere in the year 1885 by $869,000, nor in the year
1884, when they were $25,000 less than the present year, and
as the road readily recovered from the depressions of those
years, so it, in all reason, will recover from the depression of
the present year.
The trustees of the N. Y. P. & O. and the officers of the
Erie Company have agreed to certain modifications in the
lease which will aid in the operation of the road by adding
$5,000,000 of capital, by reducing the rate of percentage to
be paid by the lessee and changing certain terms of the lease
which the parties found burdensome. These modifications
were approved at a meeting of bondholders held in London
and confirmed by the N. Y. P. & O. stockholders and direct­
ors, but are not to go into effect until the Erie’s reorganization
is completed.
The draft of $102,250 drawn on the Erie Company and pay­
able in October, 1893, and the one for $205,000 payable in
November, 1893, are still unpaid by the Erie Company and
remain in the same condition as previously reported.
“ The road is in good order and the condition of the track
and bridges is constantly improving. The road-bed will com­
pare favorably to-day with any road in Ohio.”
The lessee company has furnished a report of the condition
of the road’s equipment, which report is annexed in full to
the annual report.
Norfolk Sc Southern Railroad.
( Report fo r the year ending June 30, 1894.)
The report of President W. B. Dickerman contains a history
of the road since the first 45 miles was opened in 1881. As re­
gards the year ending June 30, 1894, it says that the funded
debt was increased during the year by the issuance of $35,000
of bonds to pay for about twelve acres of additional terminal
property at Berkely, Ya. The railroad consists of mainline, 103
miles, of which 34 miles is 70-lb. steel, 39 miles 56-lb. steel and 30
miles 50-lb steel; branches, spurs and side-tracks, iron rails 21.
The additions to the property during the year consist of six
passenger and freight stations, $9,183, and one car float,
$5,327, which were paid for out of net earnings. The freight
traffic shows a decrease in tons moved one mile of 570,440, but
an increase of nine mills per ton mile and of $1,528 in revenue.
In passenger traffic there was an increase of eight mills per
passenger per mile and a decrease of 154,745 passengers car­
ried one mile and of $3,017 91 in revenue.
The equipment includes : Cars in passenger service, 12; in
freight service, 265; locomotive, 13.




N et e a r n i n g s ................................................ 137,559
P e r cen t of o p eratin g expenses to earn in g s. (68-40)
A dd o th e r in co m e.............................................
3,539
T o ta l..................................................
D educt—
In te re s t on b o n d s.....................................
M iscellaneous................................. ....................
D ividends ...............................................

9,183

142,018
(67-51)
3,010
141,098

145,018

33,000

31,250
1,605
80,000

80,001

T o t a l ............................................................. 122,183
S u rp lu s.................................................... ; ............ 18,915

112,955
32,163

—V. 59, p. 152.

Georgia Railroad.
(Report for the year ending June 30,1894.)
‘
The Georgia Railroad is leased to the Central of Georgia
and the Louisville & Nashville jointly. The results of opera­
ting the 307 miles are given below:
OPERATIONS AND FISCAL RESULTS.

1893-4.
P a ssen g ers c a rrie d ..................
382,716
“
one m ile.. 14,466,665
R a te s p e r nass, p e r m i l e ....... 2 63 cts.
709,741
T ons fre ig h t c a rrie d ................
“
c a rrie d one m ile.77,492,258
R a te p e r to n p e r m ile.............. 1-27 cts. „
E a rn in g s—
$
P a ss e n g e r........ ..........................
381,117
F re ig h t.........................................
917,663)
M ail, ex p ress, e tc .....................
68,4 0 4 )

1892-3.
427,948
16,219,500
2-64 cts.
720,049
77,406,737
1-36 cts.
$
428,356
1,051,896

1891-2.
475,518
17,884,710
2 '6 4 cts.
713,492
81,091,234.
1-37 cts.
$
472,424
1,113,082

T o ta l................ .......... .......... 1,367,185
E xpenses—
144,050
M aintenance of w ay, e t c . . . . .
131,460
“
eq u ip m en t .
T ra n s p o rta tio n .........................
471,073
G en eral.......................................
103,036
20,365
T a x e s .........................................

1,480,252

1,585,506

210,411
206,512
523,715
114,958
32,638

345,773
297,943
516,458
94,025
17,666

T o t a l ....................................
N et e a rn in g s....... ...................
P e r cen t. oper. ex. to e a rn ’gs
A dd o th e r incom e....................

869,984
497,201
(63 63)
92,752

1,088.234
392,018
(73-52)
92,642

1,271,865
313,641
(80-22)
61,685

T o ta l.............. .......................
D ed u ct r e n t a l ..........................

589,953
600,000

484,660
600,000

375,326
600,000

B alance, deficit to lessees

10,047

115,340

224,674

GENERAL

INVESTM ENT

N EW S.

(¡@1* To facilitate reference to information appearing in this
column, particularly during the two months following the
publication of the I n v e s t o r s ’ S u p p l e m e n t {each S u p p l e m e n t
containing an index up to date of issue), it is proposed to
append to all items here given the volume and page of the
C h r o n i c l e where the last previous item pertaining to the
company was published. It will then be an easy matter
having found one statement regarding a company to refer
to others of earlier date.
Furthermore, as ready reference is especially desirable as
regards reorganization plans, the names of reorganization
committees and the payment of overdue coupons, all announce*
ments concerning these appearing after the publication of the
latest issue of the I n v e s t o r s ’ S u p p l e m e n t will be indexed
together in this column under heading “ Reorganization Plans,
etc.”
-------Adirondack—Delaware & Hudson.—A dispatch from Al­
bany, N. Y., on Thursday stated that a committee of the State
Land Board, consisting of State Treasurer Colvin and Attorney
General Hancock, gave a hearing that day on the application
of the Adirondack Railroad, which is operated by the Dela­
ware & Hudson Canal Company, for leave to extend its line
from North Creek to Long Lake, in the Adirondacks, thirty
miles. The application will be passed on later.—V. 58, p, 1034;
V. 59, p. 374.
Alabama Midland.—We published last week a statement of
earnings for this company from a preliminary report, and
have since received more complete figures as below:
Year. end.
Gross
J u n e 30.
earnings.
1 8 9 4 ...........................$ 5 4 7 ,9 5 5
189 3 ...........
490,768
— Voi. 59; p. 1057.

,

Net
E xtra o rd in a ry
earnings.
expenses.
Balance.
$134,443 ' r
$ s9 ,721
$44,722
def.52,093
........
........

D ecem ber

THE CHE0N1CLE.

22, 1894.]

American Bell Telephone.—At Boston on Tuesday Judge
•Carpenter in the United States Circuit Court decided ad­
versely to the company the suit brought by the Government
to set aside the so-called Berliner patent. The case will be
-appealed. The Berliner patent is only one of the patents
owned by the company.—V. 59, p. 967.
Atchison Topeka & Santa Fe.—The report of Engineer
Robert Moore to the Reorganization Committee contains
much of interest in regard to the physical condition and needs
of the property. Lack of space prevents the publication
hete of more than the following brief summary. The
report, however, has been printed by the committee for distri­
bution, and security holders interested should refer to it for
full particulars as to the Atchison and its several proprietary
lines. The report says in substance :
W h ils t th e s e v e ra l p r o p e r tie s e m b ra c e d in th e s y s te m sh o w e v e r y
e v id e n c e o f in te llig e n t c a r e o n th e p a r t o f t h e m a n a g e m e n t, a n d a r e in
th e ir C o n d itio n u p to o r d in a r y s ta n d a r d o f r o a d s in th e sa m e re g io n ,
th e a m o u n t o f m o n e y s p e n t h a s n o t b e e n e q u a l to th e a v e r a g e a n n u a l
a m o u n t n e c e s s a ry to fu lly m a in ta in t h e p ro p e rty . T h is is e sp e c ia lly
t r u e in r e g a r d to th e r a ils a n d th e lo n g e r s p a n w o o d e n b rid g e s . T h e
tie s a n d th e m in o r w o o d e n b rid g e s a r e a s a r u le w e ll m a in ta in e d . O n
th e A tc h is o n p r o p e r (4 ,7 7 6 m ile s) th e r a il re n e w a ls f o r th e five y e a r s
1 8 8 9 to 1 8 9 4 h a v e a v e r a g e d l i t t l e m o re t h a n o n e th ir d o f th e n o rm a l
a m o u n t. T h e r o a d b e in g c o m p a ra tiv e ly n e w . l i t t 'e if a n y h a r m h a s r e
s u ite d , b u t th e r a t e o f re n e w a ls m u s t h e r e a f te r b e la rg e ly in c re a s e d .
T h e n o rm a l o u tla y fo r r a ils w o u ld b e $ 8 2 5 ,0 0 0 , b u t d u r in g t h e n e x t
fiv e o r te n y e a r s $ 9 1 0 ,0 0 0 to $ 9 5 0 ,0 0 0 s h o u ld b e s p e n t a n n u a lly .

1103

Trust Company is, and ever has been, iaconpateat to do
business in the State of Illinois, because it has not co mplied
with the statutes of that Scate requiring a deposit of $200,000; and that therefore the mortgage given by the railroad
company to the Trust Company is void.
Mr. Herbert B. Turner, in his argument for the Trust Com­
pany, held that all of the transactions made by and between
the railroad company and the trust company as representa­
tive of the bondholders had been made in good faith, and
that the courts could not, and would not, now recognize any
technicality as the basis upon which the railroad company, as
a debtor, could abrogate such past contracts. Judge Jenkins
took the matter under advisement.—Y. 59, p. 1006.
John A. Stewart, chairman of the meeting of United States
Trust Company’s certificate holders for Chicago & Northern
Pacific Railroad bonds, has filed a statement to the effect that
holders of more than 70 per cent of the certificates have as­
sented to the plan as proposed at the meeting of December 3,
and that the plan is now binding on all who have deposited
bonds under the agreement.

Cleveland Canton & Southern.—An effort is being made in
the interest of the junior security holders to pay the July
coupon on the first mortgage bonds and the subsequent
coupons as they become due for two years, the coupons to ,be
held as a lien subsequent to the first mortgage, whish will be
The necessary expenditures during the next six years for left undisturbed.—V. 59,: p. 1058.
ballasting, for new bridges, remodeling freight equipment to
Cleveland Cincinnati Chicago & St. Louis—Chesapeake
conform with United States statute, etc., are stated as follows
& Ohio.—The termiaals in connection with the new Louis­
for the several roads of the system:
ville and Jeffersonville bridge are to be completed by August,
IMPROVEMENTS REQUIRED DURING THE NEXT SIX YEARS FOR THE
1895, the control to be under the Cleveland Cincinnati Chi­
PRESERVATION OP THE SYSTEM AS IT NOW EXISTS.
cago & Sr, Louis and Cnesapeake & Ohio. Tnese roads have
D iv isio n .
A m o u n t.
R em arks.
f Of th is $ i ,7 5 0 ,0 0 0 f o r iro n b r id g ’s, agreed to guarantee the interest on the bridge company’s
bonds. The cost of the terminals is estimated at $5,030,000.—
A tc h is o n p r o p e r ................ $ 4 ,4 6 9 ,0 0 0 ] S K ^ f o i ^ m d S i n l ^ e i g h t
Y. 59, p. 652.
( e q u ip m e n t
■Gulf Col. & S a n ta F e . . . . 1 ,1 8 7 ,5 0 0 | 0fe t Jh ls $ 7 9 0 ,0C0 f o r b a lla s tin g .
Des Moines N orthern & W estern.—This road and its one( O f th is $ 5 5 ° ,0 0 0 f o r b a lla s tin g , fourth interest in the Des Moines Union Railway Company
were sold in Des Moines, Iowa, Dec. 18 to G. M. Dodge, F. M.
A tla n tic & P a c ific ............ 2 ,4 8 0 ,0 0 0 ( ^
^ c e s ™ o fo V ta a ry ™
Hubhell and F. C. Hubbell, the purchasing committee of
\ n e w a ls .
bondholders, for $2,340,000^—V. 59, p. 968.
■Southern C a lifo rn ia ........
4 0 2 ,5 0 0 .. F o r b a lla s tin g , n e w b rid g e s , e tc ,
C o lo ra d o M id la n d ............ 7 0 5 ,1 0 0 . O f th is $ 3 9 0 ,0 0 0 f o r b a lla s tin g .
D etroit Lansing & Northern.—The failure of the reorgani­
( O v e r $ 5 0 0 ,0 0 0 e a c h f o r b a lla s tS t , L o u is & S a n F r a n . . . . 1 ,7 0 0 ,5 0 0 ] in g , n e w te r m in a ls a n d 'f r e i g h t zation plan is announced by circular dated December 14, as
_____________(. e q u ip m e n t.
follows:
T o t a l . . . . . . . ............... J $ 1 0 ,9 4 4 ,6 0 0

*To c o m p ly , w ith U . S. S ta tu te
a s to b ra k e s a n d c o u p le rs.
i T h e t o t a l in t h e r e p o r t is g iv e n a s $ 1 0 ,3 8 9 ,6 0 0 .

The following table shows the amounts which it is recom­
mended should be spent to develop the system, for doing busi­
ness under prosperous conditions:
IMPROVEMENTS NEEDED FOR THE DEVELOPMENT OF THE SYSTEM UNDER
PROSPEROUS BUSINESS CONDITIONS.

Atchison proper..........,.$3,157,030

raising tracks in

G u lf Col. & S a n ta F e . . . .
1 6 0 ,0 0 0 ..R e d u c in g g ra d e s .
A tla n tic & P a c ific ............ 2 ,1 0 0 ,0 0 0 ..E x te n s io n o f C en. D iv is io n , e tc .
S o u th e r n C a l i f o r n i a . .. .. 2 ,5 0 0 ,0 0 0 ..B u ild in g s h o r t b ra n c h e s .
T o t a l..............................$ 7 ,9 1 7 ,0 0 0

T h e d ir e c to r s r e g r e t to a n n o u n c e t h a t th e p la n o f r e o rg a n iz a tio n
p ro p o s e d to th e s e c u r ity h o ld e rs h y c ir c u la r o f M a rc h 6 ,1 8 9 4 , h a s n o t
re c e iv e d a su ffic ie n t a s s e n t to m a k e i t p r u d e n t to a t t e m p t to c a r r y - i t
o u t T h e b u s in e s s o f t h e c u r r e n t y e a r h a s b e e n d is a p p o in tin g , a n d th e
p r o s p e c ts d o n o t, in th e ju d g m e n t o f th e d ire -to rs, w a r r a n t a n a t t e m p t
to re o rg a n iz e u n d e r fo r e c lo s u re u p o n th e b a s is o f th e p ro p o s e d p la n .
T h e d ir e c to r s a r e in c o n s u lta tio n w ith so m e o f th e la r g e h o ld e rs o f th e
d iffe re n t k in d s o f b o n d s w ith a v ie w to th e p r e s e n ta tio n o f a n e w
sch e m e , to b e c a r r ie d o u t u n d e r fo r e c lo s u re o r o th e rw is e , a s m a y se e m
m o s t e x p e d ie n t; a n d a t th e s u g g e s tio n o f so m e o f th e s e b o n d h o ld e rs a n
effo rt is to b e m a d e to o b ta in a m o re c o r r e c t id e a o f t h e r e la tiv e v a lu e s
o f th e d iffe re n t p a r t s o f th e s y s te m b y k e e p in g s e p a r a te a c c o u n ts of
t h e ir e a r n in g s . T h is w ill c o n su m e so m e littl e tim e , a n d m u s t n e c e s ­
s a rily d e la y th e p r e p a r a tio n o f a n e w p la n .
M e a n w h ile th e h o ld e rs o f th e tr u s te e s ’ re c e ip ts m a y , if th e y so d e ­
s ire , r e t u r n th e ir re c e ip ts to th e tr u s te e s a n d w ith d ra w th e i r b o n d s .
T h e y a r e re q u e s te d , h o w e v e r, to r e ta in t h e i r r e c e ip ts , le a v in g t h e i r
b o n d s in th e h a n d s o f th e tr u s te e s u n til a p la n o f a c tio n h a s b e e n
a g re e d u p o n , w h e n th e y c a n e ith e r w ith d r a w th e m o r c o n fe r u p o n th e
tru s te e s a u th o r ity to u s e th e m in s u p p o r t o f th e n e w s c h e m e .—Y ol. 5 9 ,
page 968.

—The receivers will on and after Jan. 2 pay the coupons due
Jan . 1 on all bonds of the equipment 5 per cent bonds, and
the principal of $250,000 of said bonds, which have been drawn
D istilling & Cattle Feeding.—The directors on Tues­
by the trustees for payment at par on Jan. 1, 1895.—Yol. 59,
day issued a long circular concerning the company’s affairs
page 1006.
Atchison Topeka & Santa Fe System—St. Louis & San in which are submitted three plans of reorganization. The
Francisco.—The confusion of two names closely similar circular contains in substance the following :
p r e p a r a tio n to ta k e a d v a n ta g e o f th e in ­
■caused a mis-statement last week regarding one company in­ c reT ahsee db ot aa xr d. mAa dlaer geev eary
m o u n t o f s p ir its w is a c c u m u la te d a n d g r e a t
cluded in Judge Caldwell’s order. It was the lease of the e ffo rts w e re m a d e to effe c t a lo a n to ta k e th e s p irits o u t of b o n d . T he
Wichita & Western, not the St. Louis Wichita & Western, f a ilu r e to p a y th e t a x in fu ll w a s th e s e v e r e s t b lo w e v e r e x p e r ie n c e d b y
e c o m p a n y . l t p ro d u c e d g r e a t fin a n c ia l lo ss, a n d o b lig e d th e c o m p a n y
which was under consideration. As is well known, the St. th
a b a n d o n th e r e b a te s y s te m , w h ic h h a d p ro v e I s a tis f a c to r y in th e
Louis Wichita & Western is the western extension of the main to
p a s t. T h e c a s h a s s e ts a r e la rg e ly t ie d u p in s p irits , b u t e n o u g h c a s h
iine of the St. Louis & San Francisco and runs from Oswego w ill b e re a liz e d to p a y r e b a te s . T h e re b a te m o n e y h a s in th e p a s t
in g c a p ita l. A fte r r e b a te s a r e p a id a d d itio n a l
to Wichita, Kan., 145 miles. Its interest is not in default, the been u s e dilla bs e wreoqrku ire
d . I t w ill a lso b e n e c e s s a ry to p ro v id e s till f u r­
September, 1894, coupDn having been paid October 23. The tchaepritac al pwita
l f o r d is tr ib u tio n o f th e c o m p a n y ’s p ro d u c ts in E a s te r n
St. L. W. & W. is bonded for only $13,843 per mile.—V. 59, te r r ito r y . T h e A m e ric a n D is trib u tin g 0 o , th r o u g h w h ic h th e c o m ­
p a n y ’s g o o d s h iv e b e e n d is tr ib u te d , h a s , v io la te d i ts a g re e m e n t a n d
p. 1057,
m a d e a U ian c e s th r o u g h o th e r c h a n n e ls w h ic h p r a c tio a lly b a r th e c o m ­
Canada Southern.—The earnings of this company are in­ p a n y fr o m s e llin g g o ods in E a s te r n te r r i to r y , u n le s s t h e c o m p a n y
cluded in the report of the Michigan Central (see below), and o p e n s i t s o w n d is tr ib u tin g h o u ses.
e d ir e c to r s e s tim a te t h a t th e c o m p a n y n e e d s a t le a s t $ 5 0 3 ,0 9 0
are not given separately. The surplus over c larges reported a dTdhitio
o rk in g c a p i ta l a n d $ 1 ,0 0 0 ,0 0 0 a d d itio n a l c a p ita l f o r th e
by the Michigan Central for 1894 is $1,126,000. Tnis is divi­ p u rp o s en aolf wd is
tr ib u tin g g o o d s in E a s t e r n te r r i to r y . M oney m u s t a lso
ded between the two companies in certain proportions, the be p ro v id e d to c a n c e l th e le a s e s o f id le p ro p e rtie s . D ire c to rs s a y t h a t
r g a n iz a tio n th e s to c k h o ld e rs w ill e le c t s u c h n e w d ire c to rs a s
«hare coming to the Canada Southern this year being $333,- uwpillo ns ureito th
T h e d ire c to rs th in k i t n e c e s s a r y to o b ta in a d d itio n a l
■000, as against $456,000 in 1893. By means of this income c a p ita l w ithe ma.s l ittl
e d e la y a s po ssib le , a s i t w ill n o t b e p r u d e n t n o r
and the accumulated surplus, dividends were declared as fol­ s a f e to g iv e c o m p e tito rs c o n tro l o f th e m a rk e t. T h e c o m p a n y in s e v e n
y e a r s h a s m a rk e te d 2 6 0 ,5 2 2 ,6 2 4 g a llo n s o f s p irits . I t h a s a b o u t th e
lows :
1894.
1893.
Dec.
G a n a d a S o u th e rn ’s s h a r e ...........$ 3 2 3 ,0 0 0 $ 4 5 6 ,0 0 0 $ 1 3 3 ,0 0 0
D iv id e n d s .................................(2*3) 3 7 5 ,0 0 0 (3 )4 5 0 ,0 0 0
75^000
D e fic it............. ...........................
B a la n c e fr o m p re v io u s y e a r . . .

$ 5 2 ,0 0 0 s u r.$ 6 ,0 0 0
1 9 0 ,5 9 9
....

B a l a n c e . . . . . ....................... ..$ 1 3 8 ,5 9 9

....

In c .
....

. . . . $ 5 8 ,0 0 0
....
....
___

....

The semi-annual dividend of 1 ^ per cent was declared
against a dividend of 1J£ and % per cent extra same time last
year, payable February 1. Books close December 29 at 12 M.
and reopen February 4.—Y. 58, p. 1072.
Chattanooga Southern.—The public sale of this road has
been postponed until Jan. 10.—V. 59, p. 919.
Chicago & N orthern Pacific.—A t Chicago this week, in
the suit of the Farmers’ Loan & Trust Company for foreclos­
ure of the Chicago & Northern Pacific mortgage, it was con­
tended by the railroad company that the Farmers’ Loan &




sa m e w o rk in g c a p ita l i t s t a r t e d w ith , b u t i ts n e e d s a r e g re a te r.
T h e fir s t p l a n o f r e o rg a n iz a tio n [w h ic h is s u b s ta n tia lly *as p u b lis h e d
in th e C h r o n i c l e o f D e c e m b e r 1] p ro v id e s f o r th e t r a n s f e r o f a ll p la n ts
a n d p r o p e r ty w h ic h c a n b e u tiliz e d (u se less p ro p e rtie s to b e e x c e p te d
fro m th e c o n v e y a n c e ) to a n e w c o m p a n y , w ith a c a p ita l s to c k o f
$ 1 0 ,5 0 0,000, of w h ic h $ 3 ,5 0 0 ,0 0 ) is p r e f e r r e d 7 p e r c e n t s to c k a n d
$ 7 ,0 0 0 ,0 0 0 co m m o n s to c k . T h e r e d u c e d c a p ita l is e x p e c te d to do a w a y
w ith th e u n e n v ia b le n o to r ie ty a n d c ritic is m w h ic h h a s p re v a ile d .
P r e s e n t s to c k h o ld e rs to s u b s c rib e f o r o n e s h a r e of p re f. s to c k a t p a r
f o r e v e r y te n s h a r e s o f s to c k n o w h e ld . O f th is 5 0 p. c. is to b e p a id
a t th e tim e o f o rg a n iz a tio n o f th e n e w c o m p a n y a n d 5 0 p e r c e n t in in ­
s ta llm e n ts a s re q u ir e d O ne s h a r e o f n e w co m m o n s to c k is to be g iv e n
fo r e a c h fiv e s h a r e s o f p r e s e n t s to c k to a ll w h o s u b s c rib e f o r p r e f e r r e d
sto ck . T h e n e w c o m p a n y is to a ss u m e th e b o n d e d d e b t o u ts ta n d in g o f
$ 1 ,0 0 0 ,0 0 a n d th e p a y m e n t o f o th e r lia b ilitie s , e x c e p t o n le a s e s of id le
a n d u s e le s s p ro p e rtie s . T h e a u th o r ity g iv e n a t th e la s t a n n u a l m e e tin g
o f th e s to c k h o ld e rs is c o n s id e re d su ffic ie n t to c a r r y o u t th e r e o r g a n i­
z a tio n o u tlin e d .
T h e second p la n is th e s a m e a s th e firs t, e x c e p t t h a t s to c k h o ld e rs a re
to s u b s c rib e a t p a r f o r $ 2 ,1 0 0 ,0 0 0 o f p re fe rr e d s to c k a t th e r a tio o f s ix
s h a r e s p r e f e r r e d s to c k f o r e a c h 10.) s h a r e s of c o m m o n n o w h3ld. T h e
b a la n c e , a m o u n tin g to $ 1 ,4 0 0 ,0 0 0 , to b e h e ld a s tr e a s u r y sto c k .

1104

THE CHRONICLE.

T h e th ir d p la n c o n te m p la te s a r e d u c tio n o f th e p r e s e n t c a p i ta l s to c k
t o $ 1 0 ,0 0 0 ,0 0 0 , e a c h s to c k h o ld e r s u r r e n d e r in g fiv e s h a r e s f o r o n e in
th e n e w c o m p a n y [th is e x h a n g e w o u ld re q u ir e $ 7 ,0 0 0 ,0 0 0 o f t h e n e w
sto ck ]. T h e re m a in in g $ 3 ,0 0 0 ,0 0 0 n e w c o m m o n s to c k to b e s o ld a t
th e r a t e o f tw o s h a re s th e re o f, p a id -u p s to c k f o r $ 1 0 0 c a s h , p r e s e n t
s to c k h o ld e rs in D is tille rs to h a v e th e p r e fe re n c e in s u b s c rib in g f o r
th e sam e.
* T h e c h ie f d iffe re n c e n o te d is t h a t th e n e w p r e f e r r e d s to c k p ro p o s e d
is n o t d e s c rib e d a s c u m u la tiv e .

The circular contains the following balance sheet of Dec. 1:
A ssets—
S to c k o f s p irits , e t c ___ $ 9 2 9 ,7 3 3
S to c k o f m a te r ia ls ..........
3 0 0 ,3 6 1
3 7 6 ,2 7 0
G o o d book a c c o u n ts ___
V a lu e o f fire in s u r a n c e .
4 0 ,0 0 0
C a s h in T r e a s ’r ’s h a n d s
4 0 9 ,2 0 2
C a s h in p l a n t s .................
2 6 5 ,7 3 2

L ia b ilitie s —
B ills p a y a b le .................... $ 1 5 6 ,5 0 5
R e b a te s d u e th e t r a d e . . 1 ,0 1 1 ,3 1 7
D e b ts , e tc ., to J a n . 1,
1 8 9 5 .................................
5 6 ,0 0 0
S u r p lu s c a s h a n d c a s h
a s s e t s . . . ............................ 1 ,0 9 7 ,4 7 6

T o t a l.............................$2,32)1,298

T o t a l ..............................$ 2 ,3 2 1 ,2 9 8

This statement does not include the distillery plants or per­
manent properties owned by the company, which, however,
are encumbered by a deed of trust securing the $1,000,000
bonds already sold, and $3,500,000 deposited with the Central
Trust Company of New York for guaranteeing the rebates.
The difference in surplus of $167,337 as shown in present
statement, and the surplus as reported at the annual
meeting in April last, has been chiefly caused by the
shrinkage and expense oh goods held, and tax-paid, and in
bond during the past eight months.; also by reason of the
general expense and repairs on plants and the expenses of the
company with the houses closed for several months.
—In opposition to the plans above described Sternberger,
Fuld & Sinn, of No. 41 New Street, New York, advertise, re­
questing the stockholders to communicate with them for the
purpose of forming a protective committee.—Y. 59, p. 968.
Indiana Illinois & Iowa.—This company opened its line
into South Bend., Ind., Sunday noon. The extension
affords the company additional facilities for the transfer of
freight between the roads approaching Chicago from the West,
South and East, this being its principal business.'Lake Shore & Michigan Southern.—This company reports
as follows for the year ending December 31, December partly
estimated:
1894.
1893.
G ro s s e a r n in g s ....................... $ 1 9 ,5 2 4 ,9 4 5 $ 2 3 ,6 8 5 ,9 3 3
O p e ra tin g e x p e n s e s . . . . . . . 1 3 ,1 5 8 ,3 7 9
1 7 ,1 2 3 ,9 1 3

C h a n g e s.
D ec. $ 4 ,1 6 0 ,9 8 8
D e c. 3 ,9 6 5 ,5 3 4

N e t e a r n in g s ................... $ 6 ,3 6 6 ,5 6 6
F ix e d c h a r g e s ......................... 3 ,3 6 0 ,0 0 0

$ 6 ,5 6 2 ,0 2 0 D ec.
3 ,3 6 5 ,3 7 6 D ec.

$ 1 9 5 ,4 5 1
5 ,3 7 6

B a la n c e to s to c k ............ $ 3 ,0 0 6 ,5 6 6
$6 03
E q u a ls p e r s h a r e ...................
D i v i d e n d . . . . . ............................ 2 ,9 6 7 ,9 9 0

$ 3 ,1 9 6 ,6 4 4 D ec.
$ 6 4 6 D ec.
2 ,9 6 7 ,9 9 0

$ 1 9 0 ,0 7 8
-38

S u r p l u s ...............................

$ 3 8 ,5 7 6

$ 2 2 8 ,6 5 4

D ec.

$ 1 9 0 ,0 7 8

Expenses include all expenditures. Nothing has been
charged to construction or equipment since 1883.
The semi-annual dividend of 3 per cent was declared pay­
able February 1. Books close December 29 at 12 M. and
reopen February 4.—Y. 59, p. 969.
La P orte Houston & Northern.—The Union Trust Co. of
New York has been made trustee of a $3,000,000 mortgage
given by the LaPorte Houston & Northern, which is to be
extended from LaPorte to Houston, thence to the Sabine
River. The bonds are for $1,000 each and are to be issued at
the rate of $15,000 per mile. T. W. Ford, of Houston, Texas,
is president.
Lehigh Valley.—The ticket recommended by the manage­
ment of the Lehigh Valley Railroad to be voted for at the
annual election on Jan. 15 is as follows: President, E. P. Wil­
bur; Directors, Charles Hartshorne, William L. Conyngham,
William W. Ingham, Robert H. Sayre, James I. Blakeslee,
John H. Fell, John B. Garrett, Charles O. Skeer, Beauveu
Borie, Joseph Wharton, Thomas McKean and C. H. Myers.
This board embraces three new names of prominent stock­
holders, Messrs. Wharton and McKean of Philadelphia and
Myers of Bethlehem, Pa. These gentlemen to take the places
of William H. Sayre, Rollin H. Wilbur and Henry S. Drinker,
officers of the company,! who remain in the service in their
respective positions, but who retired from the board at a
meeting this week.—Y. 59, p. 1058.
Michigan Central.—This company reports as follows for
the year ending Dec. 31, December partly estimated:
1894.
1893.
C h an g e s.
G ro ss e a r n in g s
........ $ 1 2 ,7 0 0 ,0 0 0 $ 1 6 ,1 7 8 ,0 0 0 D e c., $ 3 ,4 7 8 ,0 0 0
O p e ra tin g e x p e n s e s ...........
9 ,1 7 3 ,0 0 0
1 2 ,2 8 8 ,0 0 0
“
3 ,1 1 5 ,0 0 0
N e t e a r n in g s ...................... $ 3 ,5 2 7 ,0 0 0
I n t e r e s t a n d r e n t a l s ............ 2 ,4 0 1 ,0 0 0

$ 3 ,8 9 0 ,0 0 0
2 ,4 0 2 ,0 0 0

“
“

$ 3 6 3 ,0 0 0
1 ,0 0 0

S u r p lu s .................................... $ 1 ,1 2 6 ,0 0 0
P r o . to C. S ...............................
3 2 3 ,0 0 0
P ro . to M. C .............................
8 0 3 ,0 0 0
O th e r in c o m e ....................
4 4 ,0 0 0

$ 1 ,4 8 8 ,0 0 0
4 5 6 ,0 0 0
1 ,0 3 2 ,0 0 0
4 6 ,0 0 0

“
*
*‘
“

$ 3 6 2 ,0 0 0
133,0 0
2 2 9 ,0 0 0
2 ,0 0 0

N e t in c o m e ..........................
D iv id e n d s ..........................

$ 3 4 7 ,0 0 0
7 4 9 ,5 2 8

$ 1 ,0 7 8 ,0 0 0
1 ,0 3 0 ,6 0 1

“
“

2 3 1 ,0 0 0
2 8 0 ,7 7 3

B a la n c e ......................... .......

$ 9 7 ,4 7 2

$ 4 7 ,3 9 9

In c .

4 9 ,7 7 3

The semi-apnual dividend of 2 per cent was declared against
a dividend of 2 per cent and \% extra same time last year,
payable Feb. 1. Books close Dec. 29 at 12 M. and reopen
Feb 4.—V. 58, p. 1092.
Midland Term inal.—This road, a feeder of the Colorado
Midland, has been completed into Victor, where the principal
mines in the Cripple Creek district are located, and within 30
days trains is to be running to the city of Cripple Creek.—V.
59, p. 1057.




[Vol, LIX.

N ortheastern Railroad (of Georgia.)—A bill has passed
the Senate of the Georgia Legislature authorizing the issuanceof %% per cent bonds to take u d the first mortgage 7 per cent
bonds of the Northeastern Railroad which were indorsed by
the State of Georgia. Default having been made in the pay­
ment of interest, the State took possession of the property.
The bonds are due May 1, 1896, and amount to $260,000,
which, with $18,000 interest in arrears, makes the amount of
the new bond issue $278,000.—Y. 59, p. 1008.
N orthern Pacific.—The official circulars respecting the
payment of coupons on Spokane & Palouse and Duluth &
Manitoba bonds are in part as follows :
S p o k a n e <&P alouse.—W ith th e a p p r o v a l o f th e c o u rt, th e S p o k a n e <&
P a lo u s e re c e iv e r s h a v e b e e n d is c h a rg e d , a n d a c o n tr a o t o f le a s e h a s
b e e n e x e c u te d b y th e ra ilw a y c o m p a n y a n d t h e N o r th e r n P a c ific r e ­
c e iv e rs u n d e r d a te o f N o v e m b e r 17, 1894. [S ee te r m s V . 5 9 , p. 2 7 7 .]
P a y m e n ts d u e N o v e m b e r 1, 1 8 9 4 . u n d e r th e le a se , a m o u n tin g to
$ 6 0 -6 0 o n e a c h b o n d d e p o s ite d u n d e r th e b o n d h o ld e rs ’ a g r e e m e n t
h a v e b e e n m a d e to th e c o m m itte e , a n d u p o n p r e s e n ta tio n o f th e o u t­
s ta n d in g t r u s t c e rtific a te s to th e N ew Y o rk S e c u rity & T r u s t C o m p a n y ,
s a id a m o u n t w ill b e p a id le ss $ 7 6 0 f o r e a c h b o n d r e ta in e d b y th e c o m ­
m itte e a s c o m p e n s a tio n f o r s e rv ic e s o f its m e m b e rs a n d f o r le g a l a n d
e th e r e x p e n s e s o f th e c o m m itte e to D e c e m b e r 3, 1 8 9 4 , n o t c o v e r e d b y
th e su m o f $ 2 ,5 0 0 re c e iv e d fro m th e N o r th e r n P a c ific re c e iv e r s o n a c ­
c o u n t o f s u c h e x p e n s e s , p ro v is io n b e in g a lso m a d e f o r p r o b a b le f u tu r e
e x p e n s e s . T h e a m o u n t o f p a y m e n t a n d d e d u c tio n w ill b e s ta m p e d o n
e a c h c e r tific a te p re s e n te d . T h e re h a v e b e e n 1 ,7 0 L b o n d s d e p o s ite d
u n d e r th e b o n d h o ld e rs ’ a g re e m e n t, o u t o f a t o t a l Issu e o f 1 ,7 6 6 b o n d s .
D u lu th <£ M anitoba.—T h e B o n d h o ld e rs ’ P r o te c tiv e C o m m itte e a n ­
n o u n c e th e d is c h a rg e o f th e re c e iv e r s of th e D u lu th & M a n ito b a R a il­
r o a d C o m p a n y a n d th e e x e c u tio n o f th e le a s e o f th e D u lu th & M a n ­
ito b a ro a d , b o th in M in n e s o ta a n d N o rth D a k o ta , to t h e re c e iv e r s of
th e N o r th e r n P a c ific R a ilro a d C o m p a n y . [8ee te r m s V , 5 8 , p . 11 0 9 .]
I n a c c o rd a n c e w ith th e te r m s o f th e le a s e th e N o r th e r n P a c ific
re c e iv e r s h a v e p a id a n a m o u n t e q u a l to tw o -th ird s o f th e fa c e v a lu e of
th e c o u p o n s w h ic h m a tu r e d D e c e m b e r 1 s t. 1893, J a n u a r y 1 s t, 1894,
J u n e 1 st, 1 8 9 4 , a n d J u l y 1st, 1894, u p o n th e D a k o ta a n d th e M in n e s o ta
d iv is io n b o n d s d e p o s ite d w ith th e N e w Y o rk G u a r a n ty & I n d e m n ity
C o m p a n y . U p o n p r e s e n ta tio n , th e re fo re , to th e N ew Y o rk G u a r a n ty
& I n d e m n ity C o m p a n y , N ew Y o rk C ity, o f th e - c e r tif ic a te s o f d e p o s it
p a y a b le to b e a r e r , th e r e w ill b e p a id th e s u m o f $ 2 0 o n e a c h o f th e
a fo re s a id c o u p o n s, le s s th e s u m o f $ 2 p e r b o n d , w h ic h is to b e d e d u c te d
o n a c c o u n t o f th e e x p e n s e s o f y o u r c o m m itte e ,- p u r s u a n t to th e p ro v i­
s io n s o f th e b o n d h o ld e rs ’ a g r e e m e n t of A p ril 4 th , 1894. T h e c e r tifi­
c a te s w ill b e d u ly s ta m p e d . H o ld e rs of r e g is te r e d c e r tific a te s o f d e ­
p o s it w ill re c e iv e c h e c k s b y m a il. U n d e r th e te r m s o f t h e le a s e th e
p a y m e n ts u p o n c o u p o n s d u e D e c e m b e r 1 s t, 1 8 9 4 , a n d J a n u a r y 1 s t,
1 8 9 5 , a r e to be m a d e o n J a n u a r y 1 s t, 1 895, a n d th e s u b s e q u e n t p a y ­
m e n ts a r e e x p e c te d to b e m a d e a s th e c o u p o n s o f e a c h d iv is io n r e ­
s p e c tiv e ly m a tu r e .—Y. 5 9 , p. 1059.

Old Colony —This company has applied to the Railroad
Commissioners of Massachusetts for leave to s -11 $200,000 stock
by auction.—V. 59, p. 512.
Pacific Mail.—The following is a statement of earnings for
the six months ending October 31, 1894. For the correspond­
ing six months of 1893 gross was $1,893,259 ; net, $229,146.
Gross
e a rn in g s.
$ 1 .9 4 1 ,3 4 3

O p era tin g
ix p e n s e s .
$ 1 ,5 5 7 ,6 5 2

Yef
e a r n in g s .
$ 3 8 3 ,6 9 1

E x tr a o r d in a r y
expenses.
$ 7 5 ,0 0 0

B a la n c e ,
s u r p lu s .
$ 3 0 8 ,6 9 1

The Atlantic line earned $87,896, the Panama line $988,784
and the Trans-Pacific $673,622. The fleet has been kept in
first-class efficiency. The fund for general and extraordinary
repairs was on Oct. 31, $170,008. The company has no bonds
outstanding.
The balance sheet October 31 shows, with other things, the
following: Loans and bills payable, $250,000 against $504,399
April 30, 1894; accounts payable, $71,082 against $225,998;
fund for extraordinary repairs (which appears among contin­
gent liabilities), $170,088 against $95,088.—V. 59, p. 1008.
Pennsylvania Poughkeepsie & Boston.—This road was
sold at Columbia, N. J., Dec. 14 and purchased by W. B. Scott,
chairman of the Reconstruction Committee, representing the
bondholders.—V. 59, p. 739.
Peoria & Pekin Union,—The directors of this terminal
company held an important meeting at Peoria oa December
14. The officials of the Big Four, Peoria Decatur & Evans­
ville, Chicago Peoria & St. Louis, Lake Erie & Western, and
representatives of the Peoria & Pekin Union, the Wabash
and Chicago & Alton were in attendance. A committee was
appointed to inspset the property for the purpose of seeing
what betterments are necessary. It is also said this committee
was instructed to consider a change in the organization of the
company, a question which has been agitated ever since the
Lake Erie & Western secured the right to use the property.
It was not intended as a money-making venture—and it was
agreed that when the road had a surplus the charges should
be reduced to tenant lines. This has never been done, and a
change is now considered advisable. It is the desire to get all
the roads in the city to take stosk and join the company.
—St. Louis Globe Democrat.
Peoria Decatur & Evansville.—The New York Security
& Trust Co. are expecting daily to receive from the receiver
the funds to pay the July coupon on the Peoria Division bonds.
It is intended to pay this interest prior to January 1st in order
to prevent a six months’ default and thus to avoid foreclosure
proceedings.—V. 59, p. 601.
Philadelphia & Reading.—At Washington, December 17,
Chief Justice Fuller, for the Supreme Court, announced its
refusal to grant a writ of prohibition directed to the Circuit
Court for the Eastern District of Pennsylvania, as prayed for
by Isaac L. Rice. The effort by Rice was intended to
prevent the carrying out of the plan of reorganization, and
asked that the Circuit Court be directed to return the securi­
ties deposited with the trustees to their respective owners and
to restore all parties to their original positions. The writ, the
Court said, was not to be invoked when aggrieved parties had
other means of relief: in this case the right of appeal was

D ecem ber

THE

23, 1894,1

CHRONICLE.

open to the petitioner. The decision is considered of im ­
portance as establishing the right of appeal from decrees of
the circuit courts in the administration of receiverships, which
Tight has' hitherto been involved in doubt.
As to the purchase of general mortgage coupons, the EarleOlcott Committee make the following announcem ent:
N o tic e is h e re b y g iv e n t h a t th e c o m m itte e w ill b e p re p a r e d , o n a n d
a f t e r J a n . 2 ,1 8 9 5 , to p u r c h a s e t h e c o u p o n o f t h e g e n e r a l m o rtg a g e
b o n d s m a tu r in g J a n . 1, fr o m a ll b o n d h o ld e rs w h o h a v e a lr e a d y a s ­
s e n te d to th e r e o rg a n iz a tio n a g re e m e n ts , o r w h o m a y a s s e n t to th e
s a m e o n o r b e fo re D ec. 3 1 , o n t h e p r e s e n ta tio n to e ith e r o f th e d e p o s i­
ta rie s o f th e c o m m itte e o f t h e i r te m p o r a r y c e r tific a te s , th e re c e iv e r s
h a v in g n o tifie d th e c o m m itte e , in a c c o rd a n c e w ith th e te r m s o f th e c o n ­
tr a c t o f O c t 1, t h a t th e y w ill b e u n a b le to p a y th e J a n u a r y co u p o n .
T h e p e r m a n e n t e n g r a v e d c e rtific a te s o f th e C e n tra l T r u s t C o m p a n y
fo r th e g e n e r a l m o rtg a g e b o n d s d e p o s ite d w ill b e re a d y f o r e x c h a n g e
fo r te m p o r a r y c e r tific a te s h e r e to f o r e is s u e d o n J a n . 2. H o ld e rs o f a ll
« la s s e s o f s e c u r itie s c a n d e p o s it th e s a m e , in a c c o rd a n c e w ith th e p r e ­
v io u s n o tic e s o f t h e c o m m itte e , o n o r b e fo re D eo. 3 1 , w ith e ith e r o f th e
d e p o s ita rie s a n d g e n e r a l m o rtg a g e b o n d h o ld e rs c a n c a s h th e th r e e
c o u p o n s a lr e a d y d u e , w ith i n te r e s t a t 6 p e r c e n t to J a n . 1. o r, a t
th e ir o p tio n , re c e iv e f o r t h e ir c o u p o n s e q u ita b le 6 p e r c e n t i n te r e s t
c e rtific a te s .—V . 5 9 , p . 1 0 5 9 .

Prospect P a rk & Coney Isla n d -L o n g Island.—The Mer­
cantile Trust Company will pay in cash at maturity the first
mortgage 7 per cent bonds of the Prospect Park & Coney
Island RR., amounting to $500,000, with the last six months
interest due Jan. 1.—V. 59, p. 920, 969.
Reorganization Plans, etc.—The following is an index to
all defaults, reorganization plans, the names of all reorganiza­
tion committees and all statements respecting the payment
of overdue coupons that have been published in the C h r o n ­
i c l e since the November edition of the I n v e s t o r s ’ S u p p l e ­
m e n t was issued, all earlier facts of this nature being set forth
in that publication. It does not, however, include matter in
to-day’s C h r o n i c l e .
The folio wing abbreviations are used: Plan for reorganization
or readjustment plsn ; coup, for coupon paym ents; def, for
default; Com. for committee.
V o lu m e 59.
Page.
A tc h iso n T. & S. F ., C om ........ 9 1 9
S t. L. & S a n F r a n ., co u p ........ 9 6 7
Do. d o ., C o m .............................1057
C e d a r F a lls & M in n ., p l a n ........ 9 1 9
C h icag o & N o r. P m . .p l a n ____ 9 1 9
C in. J a c k . & M ack ., c l e f ......... 1 0 0 6
C le v ela n d & C a n to n , C o m ___ 9 2 0
C leve. C an.& So., C om ....... 1 0 0 6 -1 0 5 8
D is tillin g & C. F ., p l a n . ........... 9 6 8
In d ia n a p . D ec. & B pr, ,p l a n . .. 9 2 0
M in n eap .& S t. L., c o u p ... 1007-1058

V o lu m e 59.
Page.
M o b ile & B irm in g h a m , Com. 1058
N. Y . L. E. & W ., c o u p ................1058
N, Y. & N ew E n g la n d , c o u p ... 969
N o rth e rn P ac ific —
D u lu th & M an ., c o u p ............ 1059
S p o k a n e & P a lo u s e , c o u p ... 105 9
N. P ac ific & M o n ta n a , C o m .. 1008
U n io n P a c ific , coup .................. 9 7 0
O re g o n S h o rt L in e , c o u p ... .1 0 0 8
U ta h & N o rth e rn , c o u p .......... 9 2 7

San Antonio & Gulf Share. —It is reported from San An­
tonio, Texas, that this road was placed in operation from San
Antonio to Lavernia, a distance of 30 miles, on Monday,
a mixed passenger and freight service being established on a
regular daily schedule. The grading of the road has been com­
pleted for a considerable distance beyond Lavernia.
Southern Railway.—A statement has been issued this
week showing approximately the operations of the lines com­
prising the system for each month of the years ending June
30,1891,1892,1893 and 1894, based upon the 4,405 miles of
road now operated. The totals for the sevaral years named
are as follows:
1894.

$

1893.

$

1892.

$

1891.

$

G ro ss e a r n in g s ............. 1 7 ,5 5 7 ,1 7 6 1 9 ,2 5 3 ,2 0 4 2 0 ,1 7 3 ,6 4 4 2 1 ,2 4 1 ,2 0 3
O per, e x p e n . & t a x e s . 1 3 ,1 8 7 ,0 9 1 1 4 ,0 2 7 ,7 6 4 1 4 ,2 2 8 ,6 6 7 1 4 ,5 6 2 ,6 5 0
N e te a r n ’s r a i l l i n e s . . . 4 ,3 7 0 ,0 8 5
N e t B alt.C h e s. & R ic h .
S te a m b o a t C o............
3 6 ,9 5 9

5 ,2 2 5 ,4 4 0

5 ,9 4 4 ,9 7 7

3 1 ,9 3 8

6 7 ,0 4 9

6 ,6 7 8 ,5 5 3
5 0 ,9 9 6

T o ta l n e t ................. 4 ,4 0 7 ,0 4 4

5 ,2 5 7 ,3 7 8

6 ,0 1 2 ,0 2 6

6 ,7 2 9 ,5 4 9

For each of the first four months of the new fiscal year the
earnings were as follows compared with the same months of
the year preceding.
1894-5.
Cross.
J u l y ................................$ 1 ,3 1 8 ,1 2 3
A u g u s t....................... I,4 8 5 ,7 s 5
S e p te m b e r................... 1 ,5 2 8 ,2 4 7
O c to b e r .. . ................... 1 ,8 1 7 ,0 8 2

1893-4.
C ross.
$ 1 ,3 7 3 ,5 9 8
1 ,3 4 7 ,7 9 8
1 ,4 1 2 ,9 7 1
1 ,6 8 5 ,5 4 6

1894-5.
N et. .
$ 2 5 7 ,5 7 4
4 2 3 ,3 7 7
5 0 9 .2 3 9
7 4 6 ,6 9 7

1893-4.
N et.
$ 1 1 0 ,8 4 9
2 7 1 ,4 1 0
4 2 8 ,9 7 1
6 3 9 ,3 8 5

These earnings are all based on 4,405 miles. The earnings
for July and August, 1894, previously published (the gross for
July being $678,125 and for August $1,281.466) were based on
a smaller mileage—for July 2,012 miles and for August 3,731
miles. In September the reports were based on the full
mileage now embraced in the system.—V. 59, p. 1006.
Toledo St. Louis & Kansas City.—The application for the
appointment of a new receiver for this company is based on
a claim of $300,000 of old receivers’ certificates which were
issued prior to the formation of the present company by the
receiver of one of the divisional roads. In June last the Amercan Surety Co., which holds these certificates, asked the bond­
holders’ committee to pay them, and the committee filed a
petition with the court, asking for an accounting for any col­
lateral the American Surety Co. may have received under its
agreement with S. H. Kneeland. It is presumed that the ap­
plication for a new receiver is an effort to collect the judg­
ment based on these receivers’ certific%tes.
There are about $450,000 old divisional receivers’ certificates
outstanding which are recognized by the reorganization com­
mittee as prior to the first mortgage bonds. When the road
was sold in 1885 arrangement was made with S. H. Kneeland
to take up these certificates.—Y. 59, p. 1059.
Uniform Accounts for Street Railways.—An important
result of the annual convention of street railway com­




1105

panies in Atlanta last October was the adoption by the
Street Railway Association of the standard form of
accounts recommended in the report of Mr. H .‘ I. Bettis,
acting as a committee. A copy of the report is at
hand, and we take pleasure in calling attention to it, espe­
cially in view of the fact that the railroad commissioners of
many States of the Union are soon to decide on the forms in
which the stre et companies reporting to them shall render their
accounts. Mr. Bettis is a practical man, having had charge
of the accounts of several companies, and being now connected
with the Paterson Passaic & Rutherford Electric Railway Com­
pany. Evidently his plan has been prepared with great care.
In introducing the plan Mr. Bettis properly lays stress on
the “ downright fraud” of charging to construction and equip­
ment account (in other words to capital account) items in re­
ality belonging to maintenance. His plan seeks briefly but
clearly to indicate how all expenditures should be charged,
taking, special pains that the proper item3 be included in
maintenance. A desirable feature also is a table intended to
include all charges made to construction and equipment.
Having had no experience with cable roads, Mr. Bettis does
not say what changes would be necessary to make his classifica­
tion apply to cable companies, but he is of the opinion that it
could be easily adapted to their n°eds. A uniform method
of accounting is greatly to be desired.
Union Elevated (Chicago).—Chicago papers report that
an agreement has finally been reached for building a
belt loop through the business district of Chicago city, to
be used in common by all the elevated railroads. The
agreement was signed by officers of the Lake Street Elevated
and the Northwestern Elevated, and was also to be signed by
officers of the Chicago & Southside Rapid Transit and Metro­
politan. The loop is to be built by the Union Elevated Rail­
way Co., which was incorporated Nov. 22 with a capital stock
of $5.000.000. The directors, all associates of Mr. Yerkes,
are: D. H. Louderback, Egbert Jamieson, John B. Parsons,
John A. Rose, J. William Helm, Le Grand W. Perce, Edmund
Furthman, Edward Hoch and L. D. Condee.
Union Pacific Denver & Gulf.—A telegram from Receiver
Trumbull announces that the court has held that the rental
paid to the Denver & Rio Grande for joint use of its tracks
between Pueblo and Trinidad, a distance of 90 miles, is exorb­
itant, and that the contract cannot stand unless the rental is
reduced to $100.000. The court also authorizes an issue of
not exceeding $1,000.000 receivers’ certificates to pay for a
line between the points named, in case an agreement with
the Denver & Rio Grande cannot be reached.
The Wall S reet Journal prints the following;
“The announcement that Judge Hallet has permitted Re­
ceiver Trumbull of the Union Pacific Denver & Gulf to annul
his contract with Denver & Rio Grande and build an inde­
pendent line between Pueblo and Trinidad is attracting spec­
ial attention here because of the breach of good faith which
it is claimed is involved in this action. Itis ju 3 ts u c h action
as this which is claimed to have cast so much discredit in th.9
past upon American railroads.
“The history of the case is given to us as follows : In 1887
the Denver & Gulf road entered into a contract with the
Denver & Rio Grande for the use of the latter’s road between
Pueblo and Trinidad, a distance of say 109 miles. The con­
tract was to run for fifty years and at the end of each five
years there was to be a re-appraisement of the value of the
contract, but at no time was the Denver & Gulf to pay less
than $160,000 a year. The Denver & Gulf could on two years’
previous notice withdraw from the contract if on a re-appraisement the amount was not satisfactory to it. In October
of last year there was a re-appraisement by Vice-President
Harris of Burlington, Chief Engineer Blickensdorfer of Union
Pacific and President Barnard of Ohio & Mississippi. They
went to the scene of operation and after careful deliberation
valued the contract for the next five years at $185,000
a year.
“ The Denver & Gulf road has been permitted to do busi­
ness over this line without any other cost than the mere run­
ning of trains. It paid no taxes and no maintenance of way.
To accommodate its business the Denver & Rio Grande
changed the road from narrow gauge to standard gauge, put
the bridg:s in excellent condition, accepted Denver & Gulf as
a partner and shared the business equally between these two
points, turning custom over to the road as occasion afforded.
It spent $1,200,000 to prepare for Denver & Gulf occupancy of
the line. During the past four or five years Denver & Gulf
received on an average, it is claimed, at l,east $300,000 a year,
while it had to pay for this business only the amount of its
contract to the Denver road and whatever additional cost was
involved in the mere running of trains.
“ It is considered very unlikely that the Denver & Rio
Grande would ever have made such an arrangement if it had
thought the Denver & Gulf Road would not live up to its
contract. The Denver & Gulf now takes advantage of its
position as a bankrupt property to get rid of this contract,
knowing that the Denver & Rio Grande can recover nothing
in a suit.
“If an independent line is built, as is threatened, between
these points, it is stated to be important that the responsi­
bility of it should be charged not upon Denver & Rio Grande,
but upon the Denver & Gulf Road. The building of an inde­
pendent line between these two points i3 pronounced entirely
uncalled for and useless, involving great expense and needless
competition.”—Y. 59, p. 783.

1106

THE CHRONICLE.

% hz

(& o x m m x tm l

COMMERCIAL

j in x e s *

LV o l .
C

O

T

T

O

N

L1X.

.

F r i d a y N i g h t , December 21, 1894.
T h e M o v e m e n t o f t h e C r o p , as indicated by'our telegrams

EPITOME.

from the South to-night, is given below. For the week ending
this evening the total receipts have reached 357,698 bales,
The continuation of unusually mild weather has proven against 360,136 bales last week and 349,451 bales the previous
week; making the total receipts since the 1st of Sept., 1894,
favorable for transportation and served as an influence to 4,786,301
bales, against 3,897,120 bales for the same period of
maintain a fair movement of merchandise to and from the 1893, showing an increase since Sept. 1,1894, of 889,131 bales.
seaboard. Seasonable conditions, however, are noticeable in
R eceip ts a t—
S a t.
M on.
Tues.
Wed. T h u rs.
F r i.
Total.
gradual diminution of general volume of trade, and opera­
G a lv e s to n .......... 1 1 ,3 3 2 2 5 ,0 3 3 10,331 1 1 ,392 9 ,9 6 0 1 0 ,6 4 0 7 9 ,1 8 »
tors have endeavored to postpone new obligations until after V elasco, & o ___ ........ .
......
5 ,9 1 7
5 ,9 1 7
commencement of the new year. The marketing of crops has N ew O r le a n s .. 1 5 ,5 6 0 2 6 ,8 3 1 2 5 ,9 4 9 1 1 ,6 1 7 14,739 1 4 ,5 2 0 109,216783 5 ,738 1 ,687 1 ,2 02 11,821
met with no serious interruption. Cotton came iato sight M o b ile ................ 2 ,0 1 3 3 ,3 9 8
......
......
......
193
198
with much freedom. Rice was receivediu moderate quaati y F lo r id a ................ ..........
..........
4,437 5 ,3 3 2 7 ,538 ? ,3 1 8 4 ,3 9 9 4 ,5 7 5 3 0 ,1 4 0
and the character of the movement is accepted as confirming S aBvrua nnns wa h’k.&
.....
e.
......
....a
. . . . . . 1 0 ,4 8 7
previous estimates of light yield. The shipments of wheat C h a r le s to n ........ 2 ,361 4 ,5 0 9 2 ,9 0 6 3 ,8 4 0 ? ,1 1 2 4 ,1 4 2 210,487
0 ,8 7 0
and corn from growers’ hands have been fair but without ap­
......
P t. R o y a l, &c.
......
.....
parent tendency to increase. Wheat feeding to cattle has W ilm in g to n .... 1 .9 6 0 2 ,8 7 4 2 ,411 2 ,0 4 9 2 ,4 2 1 2,671 1 4 ,3 8 6
W ash ’to n , &c.
95
95lessened somewhat east of the Mississippi but west of that
7 ,0 6 9 3 ,5 2 3 2 ,9 8 4 3 ,0 3 5 4 ,7 9 1 * 2 ,889 2 4 ,2 9 1
N o rfo lk ...............
river is about up to former average. Latest public and private
W e st P o i n t . . .
1 ,581 3 ,2 1 9 3 ,247 2 ,221 2 ,1 9 5 2 ,4 3 1 1 4 ,9 2 4
advices indicate that weather conditions have been favorable
N ’p o r t N ., &c. ..........
.....a
......
......
......
3 ,4 7 8
3,478
for the fall-sown grain, and the growing crop is considered N ew Y o r k ..........
836 1 ,367 2 ,0 2 9 1,774 1 ,3 0 5 2 ,1 2 5
9 ,4 3 6
B o sto n ................
1,898
8,272;
875 1 ,528 1 ,905 1 ,1 3 8
930
promising. Export trading in staple products has been fair.
......
ltim o r e ..........
.....
......
7 ,7 4 3
7 ,7 4 3
Lard on the spot has had a limited call, but prices have BP haila
d e lp h ia &c
7 2 4 1,326
830
470
289
588
4 ,2 2 7
declined, in response to a break in futures, closing easy at
T o t’ls th i s w e e k 49,821 7 8 ,3 1 7 6 1 ,0 3 4 4 7 ,8 5 9 4 6 ,0 3 6 74,631 3 5 7 ,6 9 »
7*10c. for prime Western, 6%c. for prime City and 7'55c. for
The following shows the week’s total receipts, the total since
refined for the Continent. The speculation in lard for future
delivery at this market has been dull, and prices have de* Sept. 1, 1894, and the stock to-night, compared with last vear.
1894.
i
1 893.
!
Stock.
dined under increased receipts of swine at primary points
Receipts to
Dec.
21.
T
h
is
S
in
c
e
Sep.
T
h
is
S
in
c
e
Sep.
and in response to easier advices from the West, closing easy
1894.
1893.
F r i d a y N i g h t , D eo. 2 1 ,1 8 9 4 .

D A IL Y C L O SIN G P R IC E S O P L A R D F U T U R E S .

D e c e m b e r . . . . . . __ . . . ___
J a n u a r y ................... ..

S a t.
7 -2 0
7*25

M on.
7-17
7-25

Tues.
7-17
7*25

W ed.
7 -1 0
7-1 5

lh u r s .
7*15
7-17

F ri.
7 ‘10
7*12

Week. 1, 1894.
G a lv e s to n ... 7 9 ,1 8 8 4 ,1 1 9 ,8 7 5
V elasco , &c.
5 ,9 1 7
4 1 ,487
N ew O rle a n s 109,2 1 6 1 ,4 7 4 ,6 0 9
M o b ile ........... 1 4 ,8 2 1 1 4 9 ,2 3 9
F lo r id a ..........
1 4 ,2 8 6
198
S avannah
3 0 149 6 4 4 ,7 8 8
B r’w iok,& o 1 0 ,4 8 7
9 4 ,6 7 9
C h a r le s to n .. 2 0 ,8 7 0 2 9 3 ,6 9 3
P . R o y a l .. .
7 1 ,1 1 1
W ilm in g to n .. 1 4 ,3 8 6 1 9 2 ,7 0 7
W asn ’n , & eo
712
95
N o r f o lk ......... 2 4 ,2 9 1 2 9 8 ,5 1 3
W est P o in t 1 4 ,9 2 4 1 8 9 ,6 2 1
N ’p ’tN .,& e
2 6 ,0 3 3
3 ,4 7 8
N ew Y o r k ...
5 1 ,6 4 6
9 ,4 3 6
B o sto n ..........
8 ,2 7 2
2 0 ,0 7 3
B a l tim o r e ...
7 ,7 4 3
5 2 ,8 2 7
4 ,2 2 7
Philadel.,<fec.
4 9 ,8 7 2

W eek.

1 ,1 8 9 3 .

4 0 ,9 8 9 7 6 0 ,1 2 6
2 ,8 9 3
2 6 ,5 4 4
9 3 ,0 7 8 1 ,1 3 8 ,4 3 2
1 0 ,341 1 4 2 ,9 6 3
2 ,0 1 7
1 5 ,2 1 9
4 3 ,6 9 7 6 9 1 ,7 8 1
2 ,3 6 2
4 7 ,8 2 1
1 6 ,1 5 7 2 6 0 ,7 7 8
7 ,3 6 4
3 7 ,9 1 2
1 3 ,5 9 0 1 5 3 ,0 5 2
26
427
2 6 ,0 4 9 3 2 1 ,5 4 4
1 4 ,9 4 5 1 5 5 ,1 1 2
5 ,9 7 8
3 4 ,9 8 4
2 4 ,2 9 4
3 ,4 8 9
4 ,1 3 1
4 1 ,8 1 3
3 ,2 4 9
2 5 ,6 0 1
1 8 ,664
1 ,5 9 0

2 6 5 ,6 2 6

1 8 0 ,1 8 7
2 ,9 2 6
3 3 3 ,2 8 0
3 9 ,2 2 4

4 2 9 ,6 6 5
Pork has been quiet but steady, closing at $13@$13 75 for
4 1 ,1 6 5
mess, $12@$12 50 tor family and $14@$16 for short clear.
Cut meats have been quiet and weaker, closing at
1 1 7 ,9 9 1
1 1 6 ,6 9 6
for pickled bellies, 12(®10 lbs. average; 5c. for pickled shoul­
7 ,2 8 1
1 4 ,8 0 0
ders and 8J^@9c. for pickled hams. Beef has been quiet and
8 8 ,5 6 9
8 8 ,2 6 2
unchanged, closing at $7 50@$8 for extra mess, $8 50@$10 for
packet, $10® $12 for family and $16@$!8 for extra India mess.
2 1 ,0 3 5
2 3 ,5 7 4
Beef hams have been steady at $17.
Tallow has been without change and steady at 4%c. Lard
8 1 ,4 0 3
9 8 ,4 3 0
stearine has been quoted nominally unchanged at 8%g. Oleo
2 2 ,4 9 2
3 1 ,6 6 3
steanne has sold fairly well at steady prices, closing at 7%c.
1 2 ,6 0 3
9 ,2 5 9
Cotton-seed oil has been in fair demand, closing steady at
1 1 3 .3 2 3 2 0 3 ,3 9 5
24@24%c. for prime crude and 29c. for prime yellow. Butter
3 5 ,0 0 0
2 7 ,5 0 0
has been quiet and easy, closing at 15@24c. for creamery.
2 3 ,9 2 5
2 5 ,3 1 6
Cheese has been dull hut steady, closing at 9@l2c. for State
1 3 ,3 0 5
1 4 ,7 2 6
factory, full cream. Frtsh eggs have declined, closipg at 20
for choice Western.
T o ta ls .
3 5 7 ,6 9 8 4 ,7 8 6 .3 0 1 2 9 1 ,9 7 5 '3 ,3 9 7 .1 2 0 1 ,2 7 3 ,3 8 3 1 ,2 0 9 .2 3 8
Raw sugars have continued weak in tone under influence
In order chat comparison may be made with other years, we
of indifferent demand and liberal supplies in pro-pect. Cen­
trifugal quoted 3J^c.for 96-deg. test and muscovado at 2%e. give below the totals at leading ports for six season?.
for 89 deg. test. Refined sugars found very limited demand Receipts a t— 1894.
1892.
1 891.
1893.
1 8 9 0 . 1 1 889.
and are lower ; granulated quoted at 4c. Teas gaining in
G a lv e s ’n.& e
8 5 ,1 0 5
3 4 ,4 4 4
tone ; other groceries dull.
4 3 ,8 8 2
3 9 ,1 3 9
39,0911
3 6 ,2 6 0
Coffee of choice qualiiy is scarce and firmly held, but for N ew O rle a n s 1 0 9 ,2 1 6 9 3 ,0 7 8 7 1 ,9 2 1 1 0 0 ,2 4 2 96,8771 9 5 ,4 2 9
the general run of stock the market was easy. Rio quoted at M o b ile ........ . 14,821 1 0 ,341 10,048 1 2 ,1 1 4 1 4 ,1 1 9 1 0 ,9 6 7
15%c. for No. 7; good Cucuta at 19J^@19^c. and interior S a v a n n a h ... 3 0 ,1 4 9 4 3 ,6 9 7 2 0 ,6 5 3 3 1 ,5 6 7 31,109! 3 5 ,5 6 2
Padang 24^@25c. Business in options for tuture delivery C h a r’to n ,& o 2 0 ,8 7 0 2 3 ,5 2 1
6 ,2 9 6
1 4 ,2 5 4
7 ,4 3 1
1 6 ,8 7 3
was irregular, but demand to cover the near months served W llm ’to n ,& o 14,481 13,616
6 ,7 2 6
6 ,2 5 0
4 ,0 5 5
4 ,3 1 4
to sustain values and the close is fairly steady.
N o rfo lk ........
2 4 ,2 9 1
2 6 ,0 4 9
9 ,7 3 0
2 1 ,8 3 1
21,3171
1 6 ,2 5 6
W. P o in t,& o .
1 8 ,402
2 0 ,9 2 3
6 ,4 7 7
1 4 ,3 2 7
1 5 ,8 7 0
15,430The following were final asking prices :
D e c ...................... 14*00o. I M a r c h .................12*90o. I J u n e ................... 12*60c.
J a n ...................... 1 3-55o. A p r il..................... 12*70o. J u l y ........................ 12-55o.
F e b .......................13*20o. I M a y . . . . . . . . ___12 60c. | S e p t.. ................... 12-50c.

All o t h e r s .. .

4 0 ,3 6 3

1 6 ,8 6 8

2 4 ,6 ? 7

2 0 ,0 3 1

Tot. th is w k .

3 5 7 ,6 9 8

2 9 1 ,9 7 5

1 9 0 ,9 7 2

2 6 0 ,3 0 5

23,463]

2 6 ,7 5 9

270,782] 2 4 8 ,4 0 3




** I
m
1S
00I1

Kentucky tobacco has been quiet, but with limited supplies S ince S e p t. 1 4 7 8 6 ,3 ^ 1 3 8 9 7 ,120l 3 3 9 9 ,6 5 7 ¡4599,6 40 4 2 3 5 ,8 0 8 4 1 1 8 ,0 7 9
prices have been firmly held. Seed leaf tobacco has been quiet
The exports for the week ending this evening reach a to tal
but steady; sales for the week were 1,625 cases, as follows:
300 cases 1893 crop, Pennsylvania Havana seed, 9@llc.; 150 of 311,435 bales, of which 212,385 were to Great Britain, 33,371
cases 1893 crop, Pennsylvania seed leaf, 6@8%c. ; 300 cases to France and 63,679 to the rest of the Continent. Below are
1893 crop, New England Havana, 6$ 13c ; 50 cases 1893 crop. the exports for the week and since September l, 1894.
Week Ending Dee. 21.
From Sept. 1, 1894 to Dea. 21.1894,
New England seed leaf, private terms; 75 cases 1892 crop,
Exported to—
Exporte to —
New England Havana seed. 18@42%c.; 250 cases 1893 crop,
Export*
Great
Conti­
Total
Great
Conti­
fr o m Wisconsin Havana, 4 ^@ 8 ^ c .; 200 cases 1892 crop, Wiscon­
France
France
Total.
B r it’n.
nent. Week. B rita in .
nent.
sin Havana, 9@13c.; .150 cases 1893crop, State Havana, 6@Se.,
and 150 cases sundries, 5@30c ; also 500 bales Havana, 65c.(d! G a lv esto n ....; 81 723 21,734 12,245 115,705 414,529 144,5'j8 191,861 750,901
Velasco, &c....
4,950 4,950
34.099
31,099
$1 05, and 200 bales Sumatra, 90c@$3 in bond.
There has been very little business transacted in the market New O rlean s.. 36,540 5,992 8,399 52,931 37P.239 240,474 291,2 J3 911,006
& Pen.
38,239
5,3 3
43,562
for Straits tin and prices have been without changes of im­ SMobile
a v a n n ah .......
17,151 17.151
38,653 14,014 265,609 318,276
portance, closing quiet at 13'85c. Ingot copper has further Brunswick......
17 629
17,329
4-,589
¿9,28(4
13.691
advanced and the close was steady at 10c. for Lake. Lead C harleston*... 8.593
2,430 11,123 141,620 2,100 100,842 241,582
has declined, and the close was easy at 3*05c. for domestic. W ilm ington.. 17,953 4.160 7,309 29,422 48,991 4,160 106,6*0
159.846
Spelter has also declined, closing dull at 3-25c. for domestic. Norfolk........... 10,876
10,876
65,780
71,735
Pig iron has declined a trifle, closing at $9 50@$13 for domestic. W est P oint... 6,781
6,781
48,836
23,332
72,218
Refined petroleum has advanced to 5*70o. in bbls., 3-20c. in N’p’t News, &c ....
10.021
10,021
bulk and 6-90c. in cases; crude in bbls. has been without Sew Y ork....... 13,820 485 8,287 22,592 137,116 17,192 99,735 284,01»
14.881
43 11,924
76,137
1,< 60
77,197
change, Washington closing at 6c. in bbls. and 3 50c. in bulk;
5,164 6,266
33,248
300
59,235
92,833
naphtha, 6c. Crude certificates have been advanced, closing Baltimore.. ... 1,102
481
701
1,182
14,084
18,833
4,549
at 95c. bid. Spirits turpentine has been quiet but steady, Philadelp’a ...
closing at 27^(5 27%c. Rosin has been firm but quiet, closing Total............. 212,355 32,371 66,679 311,435 1,522,112
1,203,352 3,148,212
at $1 35@$1 40 for common to good strained. Wool has bet n
1«Q9 .. 1*5 8-3 25 «04 79
241.2*2 1.4-15 ft«4 328.805 80« «i7 2 565.156
in better demand and s eady. Hop3 have been dull and easy.
* uunuam u P o rt HoyaJ.

D ecem ber

THE CHRONICLE.

22 , 1894. J

1107

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named. We add similar figures for
New York, which are prepared for our special use by Messrs,
Lambert & Barrows, Pro luce Exchange Building.
ON SHIPBOARD, NOT CLEARED—FOR
Dec. 21 a t —

G reat
B r ita in . F ra n ce

N ew O r le a n s ...
G a lv esto n * ........
C h a rle s to n ___ _
N ew Y o rk ..........
O th e r p o r t ___

7 3 ,5 8 6
8 8 ,9 2 4
4 ,0 0 0
1 3 ,6 0 0
1 2 ,0 0 0
4 0 .0 0 0
3 ,9 5 0
2 3 .0 0 0

Other, C oast­
F o reig n w ise,

3 2 ,2 3 9
9 ,2 7 2
5 ,0 0 0
N one.
N o n e.
N o n e.
600
N o n e.

4 2 ,° 53
2 5 ,7 ¿7
1 0 ,0 0 0
2 ,2 0 0
3 ,0 0 0
3 ,5 0 0
13 ,6 0 0
2 2 ,0 0 0

1 ,6 7 9
6 ,6 5 6
2 ,5 0 0
1,000
N one.
5 ,0 0 0
N one.
N o n e.

L e a v in g
Slock.

Total.
1 5 0 ,4 5 7
1 3 0 ,5 7 9
2 1 ,5 0 0
16 ,8 0 0
15 .0 0 0
4 * ,5 0 0
19 ,1 5 0
4 5 .0 0 0

2 7 9 ,2 0 8
1 3 5 ,0 1 7
9 6 ,4 9 1
7 1 ,7 6 9
2 6 .1 6 5
32 903
9 5 .1 7 3
9 0 ,6 4 1

T o ta l 1 8 9 4 ... 2 5 9 ,0 6 o

4 7 ,1 1 1 1 2 2 ,9 3 0 1 6 ,8 3 5

4 4 5 ,9 8 «

8 2 7 ,3 9 7

T o ta l 1 8 9 3 ... 1 6 4 ,4 1 1
7 5 ,5 0 9
T o ta l 1 8 9 2 ...

3 3 ,6 9 4 82 ,8 9 8 1 9 ,1 0 8
19 ,3 3 3 1 0 2 .385 1 8 ,0 1 4

3 0 0 ,1 1 1
2 1 5 ,2 4 1

9 0 9 .1 2 7
9 3 4 Î6 0 6

Speculation in cotton for future delivery at this market wa 8
of a very moderate character, A great proportion of the
movement was for the purpose of liquidating outstanding en
gagements before the mid-winter holidays, and very few new
obligations were entered upon. The large sale of manufac*
tured goods has not had any effect on the market, either bene­
ficial or the contrary, the demand from consumers having
continued slow. This, and the magnitude of the crop move­
ment unabated, the general temper of the local position was
bearish. Saturday opened 6 points upon a few buying orders,
but the market found no sustaining demand and closed at a
net loss of 1(62 points. During Monday the trading was light
and tone weak, with loss of 6 points under influ­
ence of full estimates of crop movement for the
week and cable advices confirming previous reports of the
intention of East India authorities to impose an import duty
on cottons. Tuesday and Wednesday markets were much
alike, the trading proving mainly local, and prices, after
numerous fluctuations, making a slight gain. Yesterday
there was considerable “ long” cotton liquidated, but after a
decline of 5 points prices closed a shade steadier. To-day the
opening was slow, but under heavy crop movement long m gagements were sold out freely, and prices dropped 7(3 8
points. Cotton on the spot is dull at 5 ll-16c. for middling up­
lands.
The total sales for forward delivery for the week are 622 800
bales. For immediate delivery the total sales foot up this week
725 bales, including 100 for export, 475 for consumption.
— for speculation and 103 on contract. The following ar
the official quotations for each day of the past week—
December 15 to December 21.
Rates on and off middling, as established Nov. 22, 1893,
by the Revision Committee, at which grades other than
middlirg may be delivered on contract:
F a i r * .................. . . . . . . . c . l L4

on.
M id d lin g F a ir. . . . . . . . . . . . 7a on.
S tr ic t G o o d M id d lin g ........ *3 o n .
H ood M id d lin g ..................... 516 o n.
S tr ic t L o w M id d lin g .......... 316 off.
Low M id d lin g ...................... 7 ,a off.
S tr ic t G o o d O r d i n a r y . .. .. i3 i a off.

old
G o o d O r d i n a r y . . . . . ........ o.
G o o d M id d lin g T in g e d . . .
E venS tr ic t M id d lin g S t a i n e d .. 7,2 Ofl.
M id d lin g S ta in e d ................ 7 ,a oil
S tr ic t L o w M id. S ta in e d .. 29,2 oli.
L o w M id d lin g S ta in e d .. . . 1 3s o ff.

fi»
WW % w w ^
Ww 9 ò ò a
Ch CK
MM 1-1
, ^ to
1 ©»T9
M
a
ckchock CKCKOCK
ckó ® ch ® ® ° ®
OM 00 itotO M
P»
to
w w u CKCK 5
(¿03 ® Ò Ò ®
»
W
M
1
SO W ■*
1 0-7*
I« w
CO
0
0*0*001 , w o w
® ® ®® ' -j* ®
MO to
to 00

*5

M

WW
® -4

CO
GO
O
O

«7®

CK CHOCK
•4 M ® -5
O CK M

O

M on T ues W ed

T b l.

F ri

4 78
h 9ie
6
6 5ie
6 78

4 78
S9ib
6

4 78
59ie
6
65,8
6 78

4 78
5 9i6
6
65,*
6 78

413,6
5^
5 15ie
ô%
61^1 A

S T A IN E D .

S a t.

M on T u es W ed

Th.

F ri.

L ow M id d lin g ................. .................
M id d lin g ............................................
S tr ic t M id d lin g .............................
Good M id d lin g T in g e d ...............

430
5 5ie
5 i7 3
5%

G U LF.

6 78

4 78
5»ie
6
6 5 l6
6 78

658

43s
438
45.8
438
5 5 ,6 5516 55,8
514
517s2 5 1732 51732 51532
5%
5%
5%
511.8

D u ll........................
D u ll a n d e a s y . ..
D u ll a n d e a s y ...
D u ll........................
D u ll........................
D u ll a t 1,6 d e c ..

E x­
p o r t.

Con- Speer C on­
s u m p . u l ’t ’n tra ct.
126

Total.
126
350

0*0*00*

2.
•

M

to Ito

CO

coo

00

to
9

O' CK O CK
ccob® do
O ta
0

- j « 4® -4
CX-5 -4

CKCK
QD00
»toCO

to CHCK
CKCK <
GOGÒ CD 00 00
r**O
O—

to

I o.w:

-4 -4® -4
■ vi 00 -»a

0 05

CO

ab à

®

. «J"4

O
CKCKOCK
oô«ô® ab
i^-O -4

wa

e «:■

•

CKCKO CK
QÒab^ob
to co to
►
«? 1 •4
OD* a>
to
4 ;
W1 1
co *

Iti-

1 1
14

¡4
**

oboe ®

moo

©2 °!
W

CKCKC CK
ab ô ® «Ô
00 CK 0
>
ww
qò®
itif. ®
**
19
00
CKCKOCK
Ò CÛ^ cò
MO 00
1 1 t
H
14 : :

II
I I.
Ia
II

45,6
5 \j
51832
5 I I 1«

S a le s o f
F u tu re s.

COCO

CKCKC CK
oòòb^oò
CCK) r-*
to
to
to
►
CKCK . <
CKCK
CKCK % CKCK
1
a>
-40b ® G
OGÒ 9 - 4-4 ** CabKab
-4 0
W(b>
ito
,
»
*
!
a
1»
to
Oi
O
O
CKCKOCK CKCKC CK CKCKOCK CKCKOCK
-400®0b oòob® db ab ab® ob 00 00°a o
so
0 Ci 0 0 O O 00 s i c 0
H
►
>
?l
1
1 1
i
00 1 ® 1 1
w
*<
14
14 :
1«: :

514

SALES OF SPOT AND CONTRACT.
SPOT MARKET
CLOSED.

0 *0*0 0 *
-jo b ® «4

o 00 QO
itoCK * V-O
9*3
I
CKCKOCK CKCKOCK
00 OÒ®QÒ
CKO <1 ito ito M

49,6

MARKET AND SALES.
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows .at a glance how the market closed on
same days.

CK

A ver

filli«
6
6 9 ,8

CKO

ww

Aver

Good O r d in a r y ...............................
Low M id d lin g .................................
M id d lin g ..........................................
G ood M id d lin g .................. ..
M id d lin g F a i r ..................................

45s
55 6
5 \
61,6
65s

534

CO

CK CK

— «

S a t.

45s
55,„

4^8
55,g
5%
m »
658

fra

fi>
<, w w !d W W 5
9
-j-4 ®
®
a w
** ® a *< ® w ** ®® **
K» $»:
1 9 ? :
1 © «:
• 9^
00 ,
02
00
CO
to*
CHCKO CK CK CKO CK
>

5

A v e r ..

4^8
5516
5%
6*18
65s

F ri.

<1

O îO

5*85

45g
55ifl
5%
6 1te

Th.

to
CKCK %
®® ® £

0000 **
14«.

to
►
to
5
WW
^ CKCH
£ CKCK to w w s¡5 w w to
®
®
2
®
-4-4 ® -4-4
00
G
D
*5
O
*< ta o ** MtO **
W O' M ■* M® **
CO
1 e
!
8''®’
• © k»:
1
1• « :
CO
to
¡to ¿ C K
O
CO
**© CKCK O CK CKCKOCK CKCKOCK CKCKOCK CKCKOCK
O
O
0
-i-4®-4 -■>-5 ® -5 - 4 a c oo
- j -j 0 - j
®-4® ®
®®

5-87
5-85

G ood O r d in a r y ...............................
Low M id d lin g ........ ...................... .
M id d lin g ...........................................
G ood M id d lin g .......... ...................
M id d lin g F a i r ..................................

M on T ues W ed

to

CHCH ^
®® ®
to IS *<
, 00CK
CHCHOCK
®® ® ®
COCK to*

® - j ®-4
O CK to
to
to
to
CKCK 5 CKCK 5to
0*0* 5 0*0*
Ò.Ò ® œ œ ® -4 -5 . 2
-4 w to
05 <1 CO^ « w a 4
• V f*
1« w
1 9.®
1 »® ;
M
»to
CKCKOCK CKCKOCK CKCHOCK CKCKO CK
-4-j® -4 ®œ®ô> ® -i ® ® -a ob®-4
W
0000
«4
-5
0
C
O
eco M

100

S a t.

to

0*0* 5
ÒÒ ®
K) M **
1 e «:
m
O»CHOCK
«05°®
coco to

CK CK

CO

On this basis the prices for a few of the grades would be
follows:
U PLA N D S.

>
WW 5
05« ®
Wifk **
I
Ci
0*0*0 01
ó i.° ó
05 <1 05

II
Ia
II

II

II

II

Ia

Ia

Ia

II

II

II

* In c lu d e s s a le s in S e p te m b e r, fo r S e p te m b e r, ¿ s , l o > ; S e p te m b e r,
O c to b e r, f o r O c to b e r, 2 2 9 ,ö iK ; S e p te m b e r-N o v e m b e r, f o r N o v e m b e r,
4 1 3 ,6 0 0 .

The following exchanges have been made during the w eek:
•10
•23
•09
•05
•08
•09
•08

pd.
pd.
pd.
pd.
pd.
pd.
pd.

to
to
to
to
to
to
to

exch.
exch.
exch.
exch.
exch.
exch.
exch.

300
300
100
100
300
800
100

M ch. f o r M ay.
J a n . fo r Ju a e .
M ch, f o r M ay.
M ay f o r J u n e .
J a n . f o r M ch.
J a n . f o r M ch.
J a n . fo r M ch.

•04 p d . to e x c h . 2 0 0 J a n . f o r F e b .
•03 p d . to e x c h . 2 0 0 D ec. f o r J a n .
•10 p d . to e x c h . 2 0 0 M ch. f o r M ay.
•09 p d . to e x c h . 1 ,3 0 0 M oh. f o r M ay !
•29 p d . to e x c h . 1 0 0 M ch. f o r S e p t.
13 p d . to e x c h . 1 0 0 J a n . f o r A p r.

T h e V i s i b l e S u p p l y o f C o t t o n to-night, as made up by cable
and telegraph is as follows. The Continental stocks, as well a s55
55
those for Great Britain and the afloat are this week’s return sg.
194
194
....
....
....
....
....
and consequently all the European figures are brought dow n
100
725 6 2 2 ,8 0 0 to Thursday evening. But to make the totals the complete
T o ta l . . . . . ...V . . .
150
475
The Sales and prices of F utures are shown pv the figures for to-night (Dec. 21), we add the item of exports from
the United States, including in it the exports of Friday only ►
following comprehensive table.
S a t’d a y .
M on d ay
T u esd ay
W ed’d a y
T h u r’d ’ÿ
F r id a y ..




iso

ito
_ _

ib c

8 9 ,1 0 0
1 0 7 ,8 0 0
6 a ,2 0 0
1 0 5 ,8 0 0
8 * ,7 0 0
167,2 0 0

THE CHRONICLE,

1108

|V O L . u x .

1H94.
18P3.
1892.
1891
Q u o t a t i o n s f o r M i d d l i n g (J o t t o n a t O t h e r M a r k e t s . —
S to c k a t L iv e r p o o l..........b a le s . 1 ,0 7 3 ,0 0 0 1 ,1 4 9 ,0 0 0 1 ,5 4 4 ,0 0 0 1 ,3 0 1 ,0 0 0 Below we give closing quotations of middling cotton at South7 ,0 0 0
6 ,0 0 0
6 ,0 0 0
8 ,0 0 0
S to c k a t L o n d o n ..........................
ern and other principal cotton markets for each day of the week,
T o t a l G r e a t B r ita in s to c k . 1 ,0 8 0 ,0 0 0 1 ,1 5 5 ,0 0 0 1 ,5 5 0 ,0 0 0 1 ,3 0 9 ,0 0 0
S to c k a t H a m b u r g ....................
2 1 ,0 0 0
1 2 ,0 0 0
1 ,200
1,900
CLOSING QUOTATIONS POR MIDDLING COTTON ON—
S to c k a t B r e m e n ...........................
1 8 7 ,0 0 0
1 7 2 ,0 0 0 1 1 6 ,0 0 0 1 2 9 ,0 0 0
S to c k a t A m s t e r d a m ..................
1 2 ,0 0 0
1 4 ,0 0 0
1 5 ,0 0 0
1 8 ,0 0 0
Dec. 21.
Satur.
Tues.
Mon.
Wednes. Thurs.
Fri.
200
200
300
400
S to c k a t R o t t e r d a m .. .................
S to c k a t A n tw e r p ............. . .
.
1 1 ,0 0 0
9 ,0 0 0
4 ,0 0 0
5 ,0 o o G a lv e s to n ...
5316
5Si6
53,6
5316
5®i6
53,6
S to c k a t H a v r e ..............................
4 1 2 ,0 0 0
3 8 9 ,0 0 0 4 0 6 ,0 0 0 2 5 0 ,0 0 0 N ew O rle a n s
5*8
ils'
5*8
5*8
518
übe
S to c k a t M a r s e ille s ___. . . . . . . .
5 ,0 0 0
4 ,0 0 0
8 ,0 0 0
'8,000
M o b ile...........
5
5
5
5
5
5
S to c k a t B a r c e lo n a ......................
5 9 ,0 0 0
4 6 ,0 0 0
7 2 ,0 0 0
7 0 ,0 0 0 S a v a n n a h ...
5*8
5^8
51«
51,6
She
5*18
S to c k a t G e n o a ..............................
7 ,0 0 0
7 ,0 0 0
5 ,0 0 0
7 ,0 0 0 C h a rle sto n .
5^
5*8
5*8
518
5^8
5*8
S to c k a t T r i e s t e ...........................
1 7 ,0 0 0
1 9 ,0 0 0
1 0 ,0 0 0
1 8 ,0 0 0 W ilm in g to n
5*8
518
513
513
5*8
T o t a l C o n tin e n ta l s to c k s .
7 3 1 ,2 0 0 6 7 2 ,2 0 0 6 3 7 ,5 0 0 5 0 7 ,3 0 0 N o rfo lk ........
53,6
53ia
53,6
5)4
5 s1«
514
534
5%
5%
5%
5 \
5%
T o t a l E u r o p e a n s t o c k s . . . . 1 ,8 1 1 ,2 0 0 1 ,8 2 7 ,2 0 0 2 ,1 8 7 ,5 0 0 1 ,8 1 6 ,3 0 0 B o s to n ..........
55a
55s
55s
553
55g
558
I n d i a c o tto n a flo a t f o r E u r o p e .
8 ,0 0 0
5 7 ,0 0 0
4 2 ,0 0 0
2 0 ,0 0 0 B a ltim o re .
6
6
6
6
6
6
A m e r. c o tt’n a flo a t f o r E u r o p e . 8 1 5 ,0 0 0 7 7 7 ,0 0 0 4 3 0 ,0 0 0 7 1 2 ,OOo P h ila d e lp h ia
Ï 5^4
514
514
514
5*4
E g y p t,B ra z il,< & c .,a fltfo rE ’r ’p e
4 9 ,0 0 0
6 7 ,0 0 0
4 8 ,0 0 0
5 0 ,0 0 0 A u g u s t a __ _
53,6
M
e
m
p
h
is
....
513
5*8
518
5®X6
53,6
S to c k i n U n ite d S ta te s p o r t s . . 1 ,2 7 3 ,3 8 3 1 ,2 0 9 ,2 3 8 1 ,1 4 9 ,8 4 7 1 ,2 8 0 ,5 1 7
53,6
53,6
5316
53,6
53le
531 6 S to c k i n U . S. in te r io r to w n s .. 5 6 8 ,8 2 9 4 8 6 ,1 5 9 4 6 8 ,9 5 2 6 3 0 ,0 5 4 S t. L o u i s : . . .
5^
5%
518
MS
518
84
U n ite d S ta te s e x p o r ts to - d a y .
3 9 ,1 5 4
9 4 ,5 9 3
1 5 ,0 2 6
2 6 ,3 5 0 H o u s t o n . . . .
538
53a
53a
53a
53s
53e
in c in n a ti. .
T o t a l v is ib le s u p p ly ............ 4 ,5 6 4 ,5 6 6 4 ,4 6 8 ,1 9 0 4 ,3 4 1 ,3 2 5 4 ,5 3 5 ,2 2 1 C
55,8
5516
53g
53s
53s
L o u is v ille .. .
SH
O f th e a b o v e , t o t a l s o f A m e ric a n a n d o th e r d e s c r ip tio n s a r e a s fo llo w s:
L iv e r p o o l s to c k ................b a le s . 9 3 2 ,0 0 0 9 4 3 ,0 0 0 1 ,3 5 1 ,0 0 0 1 ,0 9 0 ,0 0 0
C o n tin e n ta l s t o c k s ..................
6 1 2 ,0 0 0
5 7 5 ,0 0 0 5 2 7 ,0 0 0 3 9 0 ,0 0 0
A m e ric a n a flo a t f o r E u r o p e . ..
8 1 5 ,0 0 0 7 2 7 ,0 0 0 4 3 0 ,0 0 0 7 1 2 ,0 0 0
U n ite d S ta te s s to c k ..................... 1 ,2 7 3 ,3 8 3 1 ,2 0 9 ,2 3 8 1 ,1 4 9 ,8 4 7 1 ,2 8 0 ,5 1 7
U n ite d S ta te s in t e r i o r s to c k s ..
5 6 8 ,8 2 9 4 8 6 ,1 5 9 4 6 8 ,9 5 2 6 3 0 ,0 5 4
U n ite d S ta te s e x p o r ts to - d a y .
3 9 ,1 5 4
9 4 ,5 9 3 \
1 5 ,0 2 6
2 6 ,3 5 0
T o t a l A m e ric a n ....................... 4 ,2 4 0 ,3 6 6 4 ,0 3 4 ,9 9 0 3 ,9 4 1 ,8 2 5 4 ,1 2 8 ,9 2 1
E a s t I n d ia n , B r a s il, &c. —
L iv e r p o o l s to c k ................
1 4 1 ,0 0 0
2 0 6 ,0 0 0 1 9 3 ,0 0 0 2 1 1 ,0 0 0
L o n d o n s t o c k .................................
7 ,0 0 0
6 ,0 0 0
6 ,0 0 0
8 ,0 0 0
C o n tin e n ta l s to c k s ....................... 1 1 9 ,2 0 0
9 7 ,2 0 0
1 1 0 ,5 0 0 1 1 7 ,3 0 0
I n d i a a flo a t f o r E u r o p e ..............
8 ,0 0 0
5 7 ,0 0 0
4 2 ,0 0 0
2 0 ,0 0 0
E g y p t, B ra z il. & c . , a f l o a t . . . . . .
4 9 ,0 0 0
6 7 ,0 0 0
4 8 ,0 0 0
5 0 ,0 0 0
T o ta l E a s t I n d ia , & c ............ 3 2 4 ,2 0 0 4 3 3 ,2 0 0 3 9 9 ,5 0 0 4 0 6 ,3 0 0
T o t a l A m e ric a n ..................... 4 ,2 4 0 ,3 6 6 4 ,0 3 4 ,9 9 0 3 ,9 4 1 ,8 2 5 4 ,1 2 8 ,9 2 1
T o t a l v is ib le s u p p ly ............ 4 ,5 6 4 ,5 6 6 4 ,4 6 8 ,1 9 0 4 ,3 4 1 ,3 2 5 4 ,5 3 5 ,2 2 1
M id d lin g U p la n d , L iv e r p o o l..
3»3id.
45jgd.
5*4d.
i^ d .
M id d lin g U p la n d , N e w Y o rk ,.
5U ieC.
71 ö, 6c .
978C.
715, c.
E g y p t G o o d B ro w n , L iv e rp o o l
53gd.
5 H ie d .
53sd.
4Hid.
P e ru v . B o u g h G ood, L iv e rp o o l
5 7 ,6d .
6egd.
9d.
6 i 16d.
B ro a c h F in e , L i v e r p o o l............
3 3 ,6d.
4 5 ,6d.
5i*d.
4igd.
T in n e v e lly G o o d , L i v e r p o o l ..
3316d .
4516d.
5lied.
4316d.

ESP The imports into Continental ports the past week have
been 227,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 98,376 bales as compared with the same date
of 1893, an increase of 223,241 bales over the corresponding
date of 1892 and a gain of 29,355 bales over 1891.
A t t h e I n t e r i o r T o w n s 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 1893—is set out in detail below.
io ss>g3 gses®g®
b Êj 2.-ÈS *** ®-0 ® a £ Ê f 2 2 » 2 .0 ö ö b S f ®

0

g § ®8 1-*©w® S.®O®&Bg g ï g ®p ^® ^0 »

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5 l 1a
4 7s
45g
4 78

R e c e i p t s f r o m t h e P l a n t a t i o n s . — 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.
Week
Ending—
Nov.
“
“
Dec.
“
“

1 6 .....
23.......
30......
7.......
14.......
21.......

Receipts a t the Ports. S t’k a t Interior Torons. Rec’pts from P la n fn s,
1892.

1893.

1894.

1892.

P

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* L o u isv ille fig u r e s “ n e t ” i u b o th y e a r s
- 1 T h is y e a r ’s fig u re s e s tim a te d .
1 L a s t y e a r ’s fig u re s re v is e d .
§ S to c k c o rre c te d .

Week.
Skipped—

1894.

Since
Sept. 1.

1893.

Week.

Since
Sept. 1.

5 2 4 ,0 8 2 13 5 ,6 2 2
2 0 0 ,0 5 0 1 2 ,1 0 2
2 ,2 4 6
545
1 ,487
100
4 ,5 4 6
9 6 ,8 6 8
5 ,4 9 6
9 3 ,1 3 0
7 ,6 6 9
7 5 ,6 7 4

3 4 2 ,0 5 1
1 3 2 ,4 7 4
1 0 ,845
5 ,4 6 7
5 4 ,3 6 5
5 7 ,9 7 3
6 2 ,5 4 1

9 9 1 ,8 3 6

6 7 ,781

6 6 5 ,7 1 6

1 7 4 ,4 1 8
13,425
3 6 ,998

1 2 ,4 5 9
1 ,2 7 3
7 ,2 2 4

1 1 0 ,3 7 5
1 6 ,8 3 1
5 3 ,6 8 3

2 2 4 ,8 4 1

2 0 ,9 5 6

180,8 8 9

L e a v in g t o t a l n e t o v e r la n d * .. 3 3 ,9 4 8 7 6 6 ,9 9 5 4 6 ,8 2 5
*I n c l u d i n g m o v e m e n t b y r a i l t o C a n a d a .
1 R e v ise d .

4 8 4 ,8 2 7

V ia S t. L o u is ......................................
V ia C a iro ............... .............................
V ia H a n n i b a l . . . . ............................
V ia E v a n s v i l l e .. . ............................
V ia L o u is v ille ..................................
V ia C in c in n a ti.............................. ..
V ia o t h e r r o u t e s , & o......................

3 2 ,4 8 7
1 4 ,5 4 9

T o t a l g r o s s o v e r la n d ................ .

6 5 ,6 5 3

O v e rla n d t o N . Y ., B o s to n , & o ..
B e tw e e n i n t e r i o r to w n s . . . . . . . .
I n l a n d , & e .,f r o m S o u t h ..............

2 9 ,6 7 8
752
1,275

T o t a l t o h e d e d u c t e d ..................

3 1 ,7 0 5

05 »
§
s iS P

©

1893.

39
7 ,3 2 6
5 ,0 7 0
6 ,182

The foregoing shows that the week’s net overland movement
this year has been 33,948 bales, against 46,825 bales for the
week in 1893, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of 282,168 bales.

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® O w © t o > - - j ^ . - j t o i . . k o t o o c © n - t o w © o > œ w H t o t o o s e 't o o i O 'O o
k S H t 0 O 'I ^ M w w O 'W © œ © O '© O 'O '© - 3 - J t 0 - 3 O '© © © W t 0 W © ©

D ecem ber 21.

Deduct shipments—

Mtotow©.
; ^i©oo©©*-©wKrf^x^.œœ<iw©<i©o'W©0'
w © w œ t o . ■ o 'x c o œ t ï a 'c c o 'c c c c t o - o o i p . o c o 'w i o t s © ® © ^ !

^

1892.

262,832 345,089 400,554
374,543 312,019 356,161
296,122 309,708 398,796
291,737 330,357 390,460
234,094 327,638*377,719
204,775 309,168 424,921

1894.

© oo h*ao -î© ©
-3-J <o © ki^ I j tola is co© œ e © ©lo
!>0©lU<l©©<IWtOOD£.©©i».©©|^WC|t.©w©©W©©©<l.lfc3
© oo © o © r-K . to to œ o ip .

1894.

The above statement shows: 1.—That the total receipts from
the plantations since Sept. 1 in 1894 are 5,297,795 bales; in
1893 were 4,307,113 bales; in 1892 were 3,740,175 bales.
2.—That although the receipts at the outports the past week
were 357,698 bales, the actual movement from plantations was
424,921 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the week were 309,168 bales and for 1892 they were
204,775 bales.

h
w
M
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1893.

262,7661299,571 369,462 326,081 388,676 403,219
251,764 291,006 349,942 348,860 409,689 408,438
248,355 296,931 364.220 396,627 422,466 443,014
255,910|311.103 319,451 432,454 441.720 484,023
211,399,300.392 360,136 455,149 468,966 501,606
190.972 291.975 357.698 468.652 486.159 568,829

co

-c n o w w © o - i w w © © ^ - w © < j

4 ,3 ie 1 N e w b e r r y ___ .........
4 ,3 ,8 | R a l e ig h .......... . . 4%
>
1S e l m a . . . . . . . . . .
5%
411,6

L i ttle R o o k ....
M o n tg o m e ry ...
N a s h v ill e ..........
N a tc h e z

We give below a statement showing the overland movement
for the week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Dec. 21
and since Sept, 1 in the last two years are as follows:

I

Ig S

A t l a n t a .......... . .
C o lu m b u s, G a .
C o lu m b u s, M iss
E u f a u l a . . . . . . ...

O v e r l a n d M o v e m e n t f o r t h e W e e k a n d s in c e S e p t . 1 .—

S u |I§gJ

- 57® ^ ®

The closing quotations to-day (Friday) at other important
Southern markets were as follows.

1894,

I n S igh t a n d S pin n ers’
Takings.

Week.

Since
Sept. 1.

1893.

Week.

Since
Sept. I .

R e c e ip ts a t p o r ts to D e c. 2 1 _____ 3 5 7 ,6 9 8 4 ,7 8 6 ,3 0 1 2 9 1 ,9 7 5 3 ,8 9 7 ,1 2 0
N e t o v e r la n d to D ec. 2 1 .............. .. 3 3 ,9 4 8 7 6 6 ,9 9 5 4 6 ,8 2 5 4 8 4 ,8 2 7
S o u th e r n c o n s u m p tio n to D e c .2 1 2 1 ,0 0 0 2 9 2 ,0 0 0 2 0 ,0 0 0 2 8 1 ,0 0 0
T o t a l m a r k e t e d ............................ 4 1 2 ,6 4 6 5 ,8 4 5 ,2 9 6 3 5 8 ,8 0 0 4 ,6 6 2 ,9 4 7
5 1 1 ,4 9 4 1 7 ,1 9 3 4 0 9 ,9 9 3
I n te r i o r s to c k s i n e x c e s s ................. 6 7 ,2 2 3
3 7 5 ,9 9 3
C am e i n t o s i g h t d u r in g w e e k . 4 7 9 ,8 6 9
5 ,0 7 2 ,9 4 0
6 ,3 5 6 ,7 9 0
T o t a l i n s ig h t D e e. 2 1 ................

8 3 5 .7 4 7
1 ,2 4 2 ,3 5 9
The above totals show that the interior stocks have increased, HTorth’n s p i n n e r s t a k ’ga to D e c.2 1
It will be seen by the above that there has come into sight
during the week 67,223 bales and are now 82,670 bales more than
at same period last year. The receipts at all the towns have during the week 479,869 bales, against 375,993 bales for the
been 100,050 bales more than same week last year and since same week of 1893, and that the increase in amount in sight
Sept, 1 are 1,036,691 bales more than for same time in 1893.
to-night as compared w ith last year is 1,283,850 bales.




THE

D ecember 22, 1894.J

CHRONICLE.

1109

to us by the week. The thermometer has averaged 51, highest 68 and
telegraph this evening from the South indicate that although lowest 33.
Wilson, North Carolina.—There has been no rain the past
rain has fallen in some sections during the week the precipi­
week. The thermometer has ranged from 30 to 62, averag­
tation has in general been very light. At many points more­ ing
45.
over dry weather has prevailed. The crop continues to move
The following statement we have also received by telegraph,
freely.
showing the height of the rivers at the points named at
_Galveston, lexas.—The fine weather is enabling farmers to 8 o’clock December 20, 1894, and December 21, 1893.
pick the crop close, which will have a tendency to increase
Dec. 2 0 , '9 4 . Dee. 2 1 , *981
the yield to some extent. There has been only a trace of rain
Feet.
Feet.
during the week. Average thermometer 60, highest 72 and N ew O r le a n s . . . . . . . .A b o v e lo w -w a te r m a r k .
30
2*7
lowest 49.
M e m p h is ..................... B e lo w z ero o f g a u g e .
2"5
*6-8
Palestine, Texas.—Cotton is still coming in. We have had N a s h v ill e ...................B elow zero o f g a u g e
7-4
- *6-*4
t . . . ............B elo w z ero o f g a u g e .
4-5
0-6
rain on two days of the week, the rainfall reaching seventeen SVhicr ke svbeuprog r...................
B e lo w z e ro o f g a u g e .
1-8
*7-8
hundredths of an inch. The thermometer has averaged 52.
highest 72, lowest 88.
Huntsville, Texas,—There has been rain during the week to
J u t e B u t t s , B a g g i n g , & c .— The market for jute bagging
the extent of ten hundredths of an inch, on one day. The has been inactive the past week at some reduction in quota«
thermometer here has averaged 54, ranging from 84 to 74.
tions. The close to-night is at 5 ^ c.fo r \% lbs., 5%c. for 2 lbs.
Dallas, lexas.—The weather has been favorable. There and 6^c. for standard grades in a jobbing way. Car-load lots
has been rain on one day during the week to the extent of of standard brands are quoted at 53^c. for 1% lbs., 6c. for %
twenty-six hundredths of an inch. The thermometer has lbs., 63^c. for 2% lbs., f. o. b. at New York. Jute butts have
ranged from 25 to 72, averaging 48.
been very quiet at l%c. on the spot.
San Antonio, Texas.—Dry weather all the week. Average
I n d i a C o t t o n M o v e m e n t F r o m a l l P o r t s . — The receipts
thermometer 58, highest 78 and lowest 38.
iMling, Texas.—It has been dry all the week. The ther­ and shipments of cotton at Bombay have been as follows for
the
week and year, bringing the figures down to Deo. 20.
mometer has averaged 59, the highest being 78 and the lowest
BOM BAY R E C E IP T S AND S H IPM E N T S F O R F O U R Y E 4.R 8.
40.
Columbia, Texas.—There has been no rain the past week.
Shipm ents th is week. Shipm ents since Sept. 1.
Receipts.
The thermometer has averaged 56, ranging from 34 to 77.
Tear Great Conti­
C réât C onti­
This
Since
Cuero, Texas.—We have had but a trace of rain during the
T otal. Week. Sept.
B rit’n. nent. Total. B rita in nent.
1.
week. The thermometer has ranged from 43 to 81, averaging
1 894
62.
5 .0 0 0 2 0 ,0 0 0
2 5 .0 0 0 2 3 .0 0 0 1 0 3 .0 0 0
2 ,0 0 0 2 ,0 0 0
7 .0 0 0 9 6 .0 0 0 1 0 3 ,0 0 0 3 4 .0 0 0 2 1 0 .0 0 0
Brenham, Texas.—It has rained lightly on one day of the 11893
892 : : : : : : 1 6 ,0 0 0 1 6 ,0 0 0
5 .0 0 0 8 7 .0 0 0
9 2 .0 0 0 4 0 .0 0 0 1 7 4 .0 0 0
week, the rainfall reaching five hundredths of an ipch. Av­ 1891
3 ,0 0 0 3 ,0 0 0
4 .0 0 0 4 6 .0 0 0
5 0 .0 0 0 15.000 1 2 4 .0 0 0
erage thermometer 57, highest 73, lowest 41.
According to the foregoing Bombay appears to show
Belton, Texas.—There has been no rain during the week.
The thermometer has averaged 53, the highest being 70 and a decrease compared with last year in the week’s receipts of
11,000 bales and a decrease in shipments of 2,000 bales, and
the lowest 36.
Weatherford, Texas.—There has been rain on one day dur­ the shipments since Sept. 1 show a decrease of 78,000 bales.
ing the week, the precipitation being twenty hundredths of The movement at Calcutta, Madras, and other India ports fcr
an inch. The thermometer has ranged from 26 to 70, averag­ the last reported week and since the 1st of September, for two
years, has been as follows. “ Other ports” cover Ceylon,
ing 48.
8[Fort Worth, Texas.—We had rain on one day of the past Tuticorin. Kurrachee and Coconada.
Shipm ents fo r the week.
week, the precipitation reaching eighteen hundredths of an
Shipments since Sept. 1
inch. The thermometer has averaged 48, ranging from 25 to
Great
Conti­
Great
W eather

R epo rts

by

T e l e g r a p h . — Reports

New Orleans, Louisiana—There has been rain on two days
during the week, the precipitation reaching six hundredths of
an inch. Average thermometer 57.
Shreveport, Louisiana.— We had rain on two days of the
week, the rainfall reaching twelve hundredths of an inch.
The thermometer has averaged 52, the highest being 67 and
the lowest 34.
Columbus, Mississippi.—There has been rain on one day
during the week, the precipitation being nineteen hundredths
of an inch. The thermometer has averaged 53, ranging from
28 to 76.
Leland, Mississippi.—Rain has fallen on two days of the
week, to the extent of sixteen hundredths of an inch. The
thermometer has ranged from 21 to 88, averaging 55*6.
Little Bock, Arkansas.—There has been rain on two days
during the week, the rainfall reaching ten hundredths of an
inch. The thermometer has averaged 47, the highest being
64 and the lowest 30.
Helena, Arkansas.—Cotton is about all picked but some
planters are holding on. We have had light rain on one day
of the week, the rainfall reaching eleven hundredths of an
inch. The thermometer has averaged 46'6, ranging from 28
to 66.
Memphis, Tennessee.—Rain has fallen lightly on one day of
the week, the rainfall reaching eight hundredths of an inch.
The thermometer has ranged from 32'3 to 65-3, averaging 48.
Nashville, Tennessee.—It has rained on one day of the week,
the precipitation reaching thirteen hundredths of an inch.
Average thermometer 45, highest 67, lowest 30.
Mobile, Alabama.—We have had rain on one day during the
week—sixteen hundredths of an inch. The thermometer has
averaged 52, the highest being 69 and the lowest 38.
Montgomery, Alabama—There has been rain on two days
during the week to the extent of eighteen hundredths of an
inch. The thermometer has averaged 52, ranging from 40
to 63.
Selma, Alabama.—It has rained on one day of the week,
the rainfall reaching twelve hundredths of an inch. Thè
thermometer has ranged from 81 to 67, averaging 48.
Madison, Florida.—Picking has been finished. We have
had no rain the past week. Average thermometer 60, highest
76 and lowest 36.
Columbus, Georgia.—Dry weather has prevailed all the
week. The thermometer has averaged 48, the highest being
59 and the lowest 34.
Savannah, Georgia.—We have had dry weather all the
week. The thermometer has averaged 54, ranging from 38

B ritain .

C a lc u tta —
1 8 9 4 ..........
1 8 9 3 ..........
M a d ra s —
1 8 9 4 ..........
1 8 9 3 ..........
A ll o th e r s —
1 8 9 4 ..........
1 8 9 3 ..........
T o ta l a l l —
1 8 9 4 ..........
1 8 9 3 ..........

nent.

Total.

Total.

2 ,0 0 0

2 ,0 0 0

3 ,0 0 0
2 ,0 0 0

4 ,0 0 0
3 ,0 0 0

7,00©
5)000

1 ,0 0 0

1 ,0 0 0
2 ,0 0 0

1 2 ,0 0 0
1 5 ,0 0 0

1 0 ,0 0 0
8 ,0 0 0

2 2 ,0 0 0
2 3 ,0 0 0

1 ,0 0 0

1 ,0 0 0

1 2 ,0 0 0
1 8 ,0 0 0

1 9 ,0 0 0
2 1 ,0 0 0

3 1 ,0 0 0
3 9 ,0 0 0

4 ,0 0 0
..........

4 ,0 0 0
2 ,0 0 0

2 7 ,0 0 0
3 5 ,0 0 0

' 3 3 ,0 0 0
3 2 ,0 0 0

60,0006 7 ,0 0 0

2 ,0 0 0

2 ,0 0 0

B ritain . Continent.

The above totals for the week show that the movement from
the ports other than Bombay is 2,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments since September 1, 1894, and for the corresponding
periods of the two previous years, are as follows:
E X P O R T S TO E U R O P E FR O M A L L IN D IA .

Shipm ents
to a lt Europe
from —

1894.

This
week.

1893.

Since
Sept. 1.

This
week.

Since
Sept. 1.

1892.

This
week.

Since
Sept. 1.

B o m b a y .............
a ilo th e rp o rts .

4 ,0 0 0

2 5 .0 0 0
6 0 .0 0 0

2 ,0 0 0
2 ,0 0 0

1 0 3 .0 0 0
6 7 ,0 0 0

1 6 ,0 0 0
1,000

9 2 .0 0 0
6 1 .0 0 0

T o ta l.. . . . .

4 ,0 0 0

8 5 ,0 0 0

4 ,0 0 0

1 7 0 ,0 0 0

1 7 ,0 0 0

153,00©

Alexandria Reoeipts and Shipments.—Through arrange­
ments we have made with Messrs. Davies, Benachi Sc Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
ire the receipts and shipments for the past week and for the
corresDonding week of the previous two years.
A le x a n d r ia , E g y p t,
D ecem ber 19.
R e c e ip ts ( c a n ta r s * ) ....
T h is w e e k . .. .
S in c e S e p t. 1.

1 894.
2 2 0 ,0 0 0
2 ,3 9 3 ,0 0 0

T his
Since
week. Sept. 1.
E x p o rts (b a le s )—
To L i v e r p o o l.......... .. 1 5 .0 0 0 1 3 1 .0 0 0
To C o n tin e n t.............. 1 1 .0 0 0 1 2 9 .0 0 0

1893.

1 892.

2 2 5 ,0 0 0
2 ,3 8 1 ,0 0 0

2 4 0 ,0 0 0
3 ,6 6 6 ,0 0 0

T his
Since
week. Sept. 1.

T his
Since
week. Sept. 1.

8 ,0 0 0 1 2 4 ,0 0 0 1 5 .0 0 0 1 9 9 .0 0 0
6 ,0 0 0 9 5 ,0 0 0 1 0 .0 0 0 1 0 9 .0 0 0

r o t a l E u r o p e . . . . 2 6 ,0 0 0 2 6 0 .0 0 0 1 4 ,0 0 0 2 1 9 ,0 0 0 2 5 ,0 0 0 3 0 8 ,0 0 0 * A o a n t a r is 98 p o u n d s.

This statement shows th at the receipts for the week ending
Dec. 20 were 220,000 cantars and the shipments to all Euroj e
§6,000 bales.
Augusta, Georgia.—There has been no rain during the week
S e a I s l a n d C o t t o n M o v e m e n t . —We have received this
The thermometer has ranged from 33 to 70, averaging 50.
(Friday) evening by telegraph from the various ports the
Charleston, South Carolina.—There has been no rain during details of the Sea Island cotton movement for the week. The
the week. Average thermometer 54, highest 70 and low­ receipts for the week ending to-night (December 21) and sinceest 39.
Sept. 1, 1894, the stocks to-night, and the same items for the
Stateburg, South Carolina.—Dry weather has prevailed all corresponding periods of 1893, are as follows.




THE CHRONICLE.

m o

Stock.

1893.

1894.
R eceip ts to Bee. 2 1 .

S in c e
T h is
S in c e
T h is
w eek. Sept. 1. w eek. Sept. 1. 1 894.

^Savannah..
C h a r le s to n .,
F lo r id a , & c.

1893.

4 ,0 8 1
287
145

5 1 ,3 3 5
4 ,6 0 2
2 ,8 8 8

2 ,2 0 0 4 1 ,4 4 7 18,024 13 502
1 ,8 3 7 1 ,6 3 2 1 ,235
3-1
706
2 ,2 4 2 1 ,2 4 5
387

4 ,5 1 3

5 3 ,8 2 5

2 ,6 2 5

4 5 ,5 2 6 2 0 ,901 15,443

The exports for the week ending this evening reach a total
o f 1,070 bales, of which 1,070 bales were to Great Britain, —
to France a n d ----to Reval, and the amount forwarded to
Northern mills has beea 1,015 bales. Below are the exports
E x p o r ts
fr o m —
S a v a n n a h ...
C h a ri’t ’n ,& c
F lo r id a , & c.
N e w Y o r k ..
B o s to n .........
B a l t i m o r e ..
T o t a l .........
T o ta l 1893.

W eek E n d in g B ee. 2 1. S in c e Sept. 1 ,1 8 9 4 .

N o r th 'n M ills.

G reat F r ’nce
G reat F r ’nce
Total.
Total. B r it’n .
<ÊC.
B r it’n .
<£c.

_ ,
Since
W eek, s e p l.l.

......

9 1 4 10 ,5 5 8
53 1 ,6 5 0
395
1 ,6 1 8 3 ,8 5 6
200
..........

617 19,237
951
253
115 2 ,3 6 3

1 ,0 7 0 1 4,074

2 ,5 3 5 16 ,6 5 9

1 ,0 1 5 2 2 ,5 5 1

1 ,8 3 5 18,901

2 ,8 3 i 2 1 ,7 3 3

'9 3 9

""939
..........

*'i*31

9 ,6 4 4
1 ,5 9 7
395
2 ,2 3 8
201

"Ì3 Ì

........?
1 ,0 7 0
50

1 ,7 8 5

A considerable portion of the Sea Island cotton shipped to
foreign ports goes via New York, and some small amounts via
Boston and Baltimore. Instead of including this cotton f o r
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week will be found
•under the head *« Shipping News,” on a subsequent page.
Quotations Dec. 21 at Savannah, for Floridas, common,
-9c.; medium fine, tlj^ c .: choice, 14^0.
Charleston, Carolinas, m id mm fine, 17c. to 18c.: fine, 22c.
to 24c.; extra fine, 28c. to 35c.
C o t t o n G o o d s a t A u c t i o n . —In our editorial columns to­
day will be found some remarks on the recent extensive sale
of staple cotton goods at auction.
E x p o r t s o p C o t t o n G o o d s p r o m G r e a t B r i t a i n . —Below
we give the exports of cotton yarn, goods, &c., from Great
Britain for the month of November and since January 1 in
1894 and 1893, as compiled by us from the British Board
-of Trade returns. It will be noticed th at we have reduced
th e movproent all to pounds.
1804.

1894.

1893.

1894.

1893.

1894.

1893.

Lbs.
87,990
88,745
90,214

Lbs.
72,999
64,961
71,097 .

Lbs.
107,921
108,995
110,923

Lbs.
89,624
79,385
89,041

266,949 209,05;

337,839

238,050

309,092 79,844 58,707
341,264 77,705 64,818
349,958 76,911 66,469

100,660
97,360
96,959

73,231
83,240
84,470

189,991

294,979

240,941

81,504
82,187
79,856

110,477
102,238
101,000

103,580
103,43)
100,265

243,637

313,715

306,231

423,298 92,489 80,418
408.954 85,362 77,674

116,562
108,296

101,397
99,952

1,193
19 496

1,150
22,014

1893.

Yds.
Yds.
Lbs.
Lbs.
•Ja n u a ry ....... 19,931 16,025 461,951 384,296
F e b ru a ry .... 20,250 14,421 465,911 342,022
M a rc h .......... 20,709 17,044 473,622 874,304
T o t.ls t quar. 60,890 48,901 1,401,484 1,100,622
A pril............. 20.S16
M a y ......... . J 19,655
-Ju n e............. 20,048
T o t. 2d quar 60,519

14,524
18,422
18,001

2 o ta lo f All.

Cloth.

Yam AThread.
•000s omitted.

419,178
407,955
403,783

50,947 1,230,916 1,000,314 234,460
J u l y ............. 22,891 20,986 459,827 429,595 87,586
A u g u st......... 20,842 21,249 427,329 432,716 81,398
•Septem ber.. 19,887 20.409 425,846 420,440 81,113
T o t. 3d quar. 63,630 62,644 1,313,002 1,282,751 250,095
O ctober....... 24,073 20,979 485,569
N o v em b er... 22.934 22,273 448,142
Stockings an d socks.
S u n d ry a rtic le s ..........

1.182,080 i,029,785

The foregoing shows that there has been exported from tbe
United Kingdom during the eleven months 1,182,080,000 lbs. of
manufactured cotton, against 1,029,785,000 lbs. last year, or an
increase of 152,295,000 lbs.
j
A further m atter of interest is the destination of these
exports, and we have therefore prepared the following
statements, showing the amounts taken by the principal
countries during November and since January 1 in each of tbe
last three years:
uBXPOBTS o f

p ie c e

goods

and

yarns

to

p r in c ip a l

c o u n t r ie s

in

NOVEMBER, AND FROM JANUARY 1 TO NOVEMBER 30.

Piece G oods- Yards.
(000s omitted.)

Ja n . 1 to Ncv. SO

November.
1894.

1893.

1802.

1804.

219,987 196.058’191.000 2,342,521
"Turkey, E gypt and A frica... 75.805 67,2 »7 56,326 747,697
•China an d J a p a n ..................... 28.634 29,076 47,057 468.559
E u ro p e (except T u rk ey )........ 20,290 28,966 22,257 253.800
52.100 40.633 62,128 497,838
N o rth A m erica ....................... 24,688 22.878 21.334 253,910
All o th e r c o u n trie s................. 26,629 24,086 22.613 814,779
448.142 408,954 422.715 4,879,113
£4,030 £4,032 £4,052 £46,306
T o tal v a lu e ................ .
Y a m s —Lbs.
(000s omitted.)

1893.

1892.

1,872,097 1.944.280
594,439 596.483
306.622 50 s,73?
278,031 251.567
551.533 631.580
251.266 255.510
271,951 265,797
4,215.939 4.453.986
£42,962 £44 531

3,470
2,933
4,579
3.682
2.766
2.754
1,116

39.509
33.734
39.143
39,179
23.308
28.311
13,26»

33.261
26,016
85.313
31,869
25,654
24,270
9,709

33.112
27.381
42.886
39.336
29,892
82.591
11,171

T o tal ib s .............................. 21.444 20.824 21,300
£795 £895
£867
T o tal v a lu e ........................

218,452
£8.548

189,098
48.346

216.319
£8.952

•Germany.
............................
O th. Europe (except Turkey)
E a s t In d ie s ...............................
C hina a n d J a p a n .....................
T u rk e y an d E g y p t..................
AH o th e r oo u n tries................




2,860
4,013
4.814
3,027
1.432
2.542
1,856

3,«17
2,654
4.617
8,956
2,803
2.335
842

[V ol. LIX.

W e a t h e r R e c o r d F o r N o v e m b e r .— Below we give ther­
mometer and rainfall record for thé month of November and
previous months of this and the two preceding years. The fig­
ures are from the records of the W eather Bureau, except
at points where they have no station, and at those points they
are from records kept by our own agents.

Thermometer

August.

VIRGINIA.
Norfolk.—
H ig h e st... 93-0 91-0 94-0
L ow est...- 60-0 62-0 66-0
A verage... 74*5 77-0 79-0
N. CAR’LA.
WilmingtonH ig h e s t...
L o w e st....
A verage...
Weldon.—
H ig h e st...
L o w e st....
A verage...
Charlotte—
H ig h e s t...
L ow est....
A verage...
Raleigh—
H ig h est....
L o w est....
A verage...
tlorgantzn —
H ig h e st...
L o w e st....
A verage.. ■
S.CAROL’A
Charleston.—
H ig h e s t...
L o w e st....
A v erag e...
8tatebwrg.—
H ighest....
Low est....
Average..
Columbia—
H ig h est....
L o w e st....
A v erag e..
Evergreen—
H ig h e st....
Low est ..
A verage...

95-0 89-0 93-0
65-0 62-0 66 0
7 5-0 78-0 79-5
95-0 94-U 960
580 55-0 610
74-7 77-0 78-1

October.

November.

1804 1893. 1892. L894. 1893. 1892.

94-0 89-0 84-0
62-0 51-0 53-0
74-0 710 71-0

85-0 83-0 84-0
41-0 40-0 37-0
62-4 02-0 59-0

73-0 74-0 77-0
29-0 25-0 25*0
49-4 50-0 490

94-0 95-0 87-0
6 V0 49-0 55-0
70-0 75-0 72-0
94-0 90-0 80-0
53-0 41-0 44-0
72-7 690 68-6

87-0 820 83-0
45-0 88-0 38-0
05-0 64-4 63-0
85"0 8S-0 84-0
34-0 32-0 28-0
50-7 50-5 57-1

70-0 70-0 81-0
290 20-0 25-0
54-0 55-0 53-0
72-0 75-0 78-0
200 210 20-0
40-7 47-8 47-3

8V0 85-0 83 0
390 32-1 34-0
01-0 00-4 60-0

73 0 74-0 79-0
24-0 21-0 20-0
48-0 49-0 49-0

84-0 84-0 850
38-0 31-0 33-0
01-0 dO-O 69-0

730 74-0 79-0
23-0 200 20-0
48-3 48-8 48-0

87-0 85-0 85-0
6 VO 64-0 65-0
6S-8 71-0 72-7

93-0 91-0 89-0
53-0 47-0 49 0
730 71-2 70-0
930 92-0 87-0
55-0 41-0 48-0
73-0 7o-6 69 8
34-0 89-0 79-0
46-0 47-0 47-0
07-8 64-e 638

80-0 76-0 75 0
3 V0 28-0 29-0
548 55'1 54-8

75-0 710 09-0
20-0 150 10-0
44-0 43-1 439

96-0 92-0 94-0
67-0 690 70-0
80-0 79-0 82-0

95-0 84-0 89-0
62-0 59 n 030
78-0 7yo 75-0

86-0 83-0 84-0
50-0 43-0 41-0
08-0 68-0 60-0

70-0 78-0 82-0
33 0 33-0 29-0
57-0 58-0 57-0

89-0 87-0 91-7
62-0 65-0 07-7
70*5 76-2 77-8

83-0 81-0 82-5
43-0 33-0 37-1
63-9 03-1 02-3

730 74-0 79-7
28-0 25-0 22-0
521 530 51-3

100-0 93-0 90-0
e ro 20-0 60-0
79-4 78-2 80-4

91-0 90-n 85-2
58-0 53-0 52-0
74-8 73-9 71-0
90-0 94-0 92-3
530 530 58 2
75-3 75 0 74-8

88-0 890 84-0
35-0 83-0 34 2
04-1 65-0 6â"8

77-0 80-0 79-5
27-0 25-0 210
52-0 53-5 53-4

94-0 93-0 90-0
62-0 58-0 08-0
77-0 74-4 78-0

93-0 89-0 34-0
530 5 i-O 43-0
740 71-9 08 5

87-0 83-0 83-0
33-0 28-0 30 0
01-0 61-0 63-0

74-0 77-0 82-0
18-0 l«-0 29-0
495 500 59-0

97*0 920 960
62-0 64-0 68-0
79-0 78-6 80-0

93-0 95-0 00-0
55-0 550 51-0
75-0 75-8 72-9

88-0 87-0 85"0
38-0 33-0 330
64-5 05-0 03-9

76-0 78-0 830
25-0 28-0 23-0
53-1 53-4 53-0

94-0 91-0 91-0
600 62-0 82-0
76-4 77-0 7d-2

88-0 00-0 85-0
50-0 P5'< 50-0
734 73-0 70-0

85-0 84-0 82-0
41-0 34-0 350
021 61-6 02-0

71-0 74-0 70-0
21-0 210 24-0
40-5 50-8 498

990 99-0 96-0
67-0 67-0 70-0
81-0 70-0 81-0

06-0 97-0 90-0
59-0 5M-0 69-C
77-0 78 0 75-0

89-0 85-0 83-0
47-0 41-0 400
03-0 «8-0 60-t

78-0 80-0 82-0
31-0 310 30-0
58 0 58 0 37-0

91-0 91-0
71-0 70-0
81-7 81-0

91-( 89-0
60-0 62-0
77-1 74-0

85-0 81-0 88-0
41-0 40-0 40-0
65-0 63-5 67-0

74-0 88-0
27-0 32-0
53-3 54-0

93*0 96-0 92-0
66-0 68-0 68-0
81-6 81-3 79-7

92-0 98-0 92-0
«4-0 60 0 64-'
79*5 79-2 75 1

91-C 92-0 38-0
48-0 42-0 40-1
09-6 00-8 68-0

78-0 84-0 82-0
260 28-0 33-0
55"7 59-4 57-0

96-0 »5-0 96*0
68-0 69-0 68-0
82-0 81-0 8 1-4

96-0 060 921
02-0 61-1 60-0
790 78-9 70 8

90-0 88-0 880
f>2*0 45-0 42 0
72-0 70-0 69-0

82-0 840 85-0
33 0 32-0 85-0
e r o 02-0 80-0

92-0 94-0 91-0
69-0 71-0 70-0
81-0 82-0 81-4

89-0 83-0 88-0
57-0 57-0 45"0
74-0 74-4 72-5

85-0 85-0 87-0
38-0 40-0 40-0
67-0 68-0 64-4

95-0 95-0 90-0
63-t 68-0 080
80-5 80-6 80 2

98 0 94-0 93-0
«50 6*V< 09-(
79-0 80-0 79-8
91-0 91-0 93-0
0VC «7-0 60-0
78-8 79-0 78-2

81-0 83-0 84-0
40-0 43-0 40-0
60 0 60-4 63-0

90-0 91-5 89-0
70-0 69-0 00-0
701 70-2 76-4

895 87-0
50'5 61-0
70-2 74-4

87-0 91-0 84-0
50 0 6>-0 44-0
73-6 73 8 71-9
82-0 84-0 85-0
48-0 41-0 41-0
88-0 67-4 07-0

97-0 95-0 94-0
61-0 64-0 08-0
70-0 8J-4 80 0

90-0 80-0 8 V0
41-C 35-0 37-0
00-0 05-0 06-6

91-0 94-0 93-0
60-0 B7"0 630
80-0 81-0 30-0

02-0 96-C 90*1
59C 58-( 55-0
77-0 770 78 0
91-0 9.V0 90-0
01-C 64-C t8-r
78-0 78-0 75-0

89-0 88-0 82-0
40-C 4 2-( 400
68-0 00-0 69 0

790 78-0 79-0
20-0 27-( 30*0
55-0 55-0 55*0
78-0 77-0 so-o
29-C 32"( 80*0
57-2 58-0 53-0

9i-0
64*0
78-0

920
56*0
76-0

86-0
41-C
04-0

96-0 93-0 92-0
570 58-0 62-0
76-0 75-0 78-0
96-0 93-0 94-0
57-0 61-0 63 0
75'5 76-0 78-7

GEORGIA.
Augusta.—
H ig h e st...
L o w e st....
A verage..
Atlanta.—
H ig h e st...
L o w est....
A v erag e...
Savannah .—
H ig h e st..
L o w e s t__

A verage...
olumbus.—
H ig h e s t...
L o w e st....
Average..
Fjrsyth.—
H ig h e st...
L o w e st....
A verage...
FLORIDA.
lacksonville.
H ig h e st...
L ow est....
A verage...
lam pa.—
H ig h e st...
L ow est....
A verage...
litusville —
H ighest...
L ow est...
A verage..
lallahassee—
H ig h e s t..
L ow est...
Average..
ALABAMA
aontgom'y.—
H ig h e st...
L o w e st....
A verage...
Mobile.—
H ig h e st...
L ow est..
A verage...
NewtonH ig h e st...
L ow ed)....
Average. .
Birmingham
H ig h e s t...
L ow est....
A verage...
llorenceH ig h e st...
L o w e st....
Average-.
LOUIS’NA
N. Orleans.—
H ig h e st...
L ow est....
A verage...
Shreveport.—
H ig h e st...
L ow est....
A verage...

76-0 73-5 78-0
30-C s r c 32-0
57*7 69-1 55-0

80-0
28-(
55'6
73-0
33-(
60-2

97-0
B2-0
76-0

91-0
48-0
72-„

85%
8.v(
00-0

74-( 770 • • • •
16( 20 0 ....
400 50-4

92-0 93 0 92-0
71-0 72-0 7ü-0
8J-0 830 8.-7

900 95-C 89-0
60‘( 66-C 64-0
8J0 30-0 76-0

88-0 SVO 87-0
47 ( 4SI 48-0
71-0 60-1 7J-0

94-0 96-0 95-0
6L-( 61-0 60-0
79-0 00*7 83-0

89-0 90-0 90-0
40-( 4J-( 39-0
670 60-0 67-0
88-0 89-0 88-0
4V( 44-( 40-0
07-7 661 03-7
93-0
04-0 T.
3l-(
330
02-0
690

79-0 80-0 81-3
3 >"( 33*0 34-0
53-8 56-2 60-6

100-C 101*0 9 V0
62( 58-0 58-0
81-0 79-0 79-i

95-0 98-0 92 0
Ö4’( 51-( 55-0
76-0 77-0 73 0
92-0 93-0 901
570 64"( 5T-8
77-2 77-8 741
90-0 10VO 96-0
5 j-C 48-0 49-0
73-0 82-5 73*0

79-0 80-0 83-0
36 0 30-( 41*0
60-0 00-0 62-0
80-0 81-0 80-0
31-( 45"( 33*0
56-0 540 57*0

96*u 94-0 93-0
6 V0 63-0 *100
fcO'O 78-5 8J-0

96-0 90-0 92-0
40-( 55-( 52-0
71 0 75 0 740

92-0
34-O
78-0

81-0
320
67-0

93-0 105 0 910 91-0 950 89-0
5'V( ftf< 4 VO 870 34-( 30-C
77' 73 0 73-0 63'5 72-0 05-n

74-C 87-C 8Ö-0
18-1 27-1 23-0
52-C 55-C 53-0

H ig h e st.... 930 94-0 91-8
L ow est.... 66-0 65-0 00-5
78 0 79-6 70-2

H ighest...
L o w e st. .

September.

1894. 1893. 1892. 1894. 1893. 1892
.
——-

MISSISS’P I
lolumbus.—
H ighest... 100-0 107 0 990
53-1 05-0
Lowest ...
4.v »••»Be . 80 "0 8l-( 82-0

85-0
26-(
57-0

,

84-0
27-0
57-0

D e c e m b e b 22,

Mis3I3S’PI.
Vicks

i
92-0
07-i
79-4

92-n 92-0 80-0
51-0 55-1 50-i
70-0 75-0 73-0

93-0
52-0
78 0

92-0 93-f 9849-0 60-0 5274-3 73-4 71-7
90-0 05-0
54-0 47 0
75-4 74-0

98-0 99-0 (■0-0
080 5«*(> 04-0
74-8 79-Ü 70-1

95-0 99-0 95-0
46-0 53-( 47-i
77-1 75-7 73*3

94‘0 93-f 90-0
oí n 59-0 «5-0
A verage.. 70-0 70-0 77-0
Waynesboro ■
95-0 95-0 94-0
03-0 50-0 70-0
Average... 79-0 75-5 82-0

91-0 91-0 88-0
50-0 52-( 49-0
70-0 72-4 70-4
95-0 95-0 94-0
52 0 55-0 50-(
73-0 75-0 735

ABKANS’ttittle Rock.-

980 040 90-0
0 j-( 01-0
78-0 78-0 78-1
91*0 94-' 04-0
00-0 600 eoo
Average... 77-0 77-0 09-C
Fort Smith100-0
104-0
54-0
55-0
78-9
Average.. 79'0
Camden—
99-0 94-0 94-0
58-0 50 0 00-0
Average... 78'5 77-0 755
Corning—
iovn 9R-0 90 0
49-0 49-0 00-0
A verage... 70-5 74-8 80-3
Average...
Belenar-

TENNES’E.
Nashville.—
Average..
Memphis.—

«0-0 78-0 8 6-0
40
30 0 80-0 50-8
55-5 55"1
80-0 83-0 82-0
25-< 25-0 28-0
52 3 54-0 55-2
79-0
220 20-O
52-i 51-8
'9-0
94-0 790 24'0
240 20-0 5t>"2
55-7 53-1
79-i

320
61-8

95-0 94-0 90-<
360 34-0 28-0
04-7 62 2 06-8
84-0 80-0 87-0
35-0 34-0 3 io
59-0 00-0 05-0

750 7o-0 78-0
2 '-« 240i 28 0
480 510 53-0

830 85-0
34-0 33-0
58-0 59-0

750 75-0
20-0 25-0
48o 490
75-0 78-0 75*0
2701 240 20-0
50-0 50-0 50-

89-0 91-C 87-<
50-0 480 51-f
72-2 72-0 09-1

86-0 87-0 85-0
350 37-0 380
03-8 61-0 04-2
86-0 85-0 840
37-0 35-0 340
01-5 600 04-0

98-0 101-C 9250*0 44*6 48"'
72-0 74-0 71-6

89-0 88-0 910
280 340 83-i
62-0 01-0 01-0

700 74-0

89-0
50*1
72-8

920 88-0 80-0
29-0 35-0 410
08-2 01-4 08-0

810 82-0 79- 0
25-0 260 8 -0
50-. 47-4 55-8

88-0 880
27-0 280
rs-o 55't

75 0 78-0 07-0
14-0 100 2 2 0
14*2 44-8 48*4

93-0 98-0 90-(
53-0 42'( 53-■
73-0 74-0 71-4

97-0
40-0
74-4
93-0 94-0
38-0 87-0
70-0 70-5

74-0 74-0 7824-0 24-i 28-0
395 60-0 51200 29-0

47-0 49*2

80-0 85-0 85*<
34-0 2*0 34-0
010. 59-0 01-0

75-0 73-0 7 4 0
130 20-0 2 0 0
48-0 470 40*0

8 7 0 87-1 80-0
390i V4-4 $5*0
04-2 610 «4*5

760 76-4 78-0
24-0 241 250
504 50-0 4 9 0

81-0 82*0 810
330 30-d 310
55*5 50-0 50-8

08-0 72-0 71*0
13-0 200 240
45-4 43-1 47-4

83 0 810 83-<
380 230 • 22-0OO 50 0 59 0

80-0 700 75-0
10 0 12-0 12-0
400 45-1 43-8

87-0 860: 890
49-0 59-0 53-0
74-4 72-0 74-2

79-0 79-0 80-0
410 43-0 44"0
03-8 03-7 05'4
820 810 82-0
29-0 30-0 34-0

90-0 1040 94-0
52-0
75-0 79-3 74-3

970 80-0
40-0 40-i
070 09-2
94-0 96-0 98-0
450 410 84-0
71-1 70-2 03-0.
93-0 94-0 80-0
37-0 37-0 37-0
688 670 05-0

95-0 103-0 950
e r o 01-0 55"3
7W4 82-0 77-8

980 97-0 900
39-0 450 410
74-0 710 74-9

79-0 80*0 81-0
23-0 260 3!-O
560 510 55'2
850 80-0
33-0 32-0
590 6P8

92-0 98-0 920
53-0 58-0 540
70-9 79-3 76-8
97 0 101-5 94-5
52-0 050 51-5
77-0 78-3 74-2

92-0 96-0 88-0
40-0 40*0 37-5
690 08-7 70-7

84-0 02-0
22"5 38*0
01-6 58-7

92-0 94-0 91 "5
33-0 88-0 380
08-2 05-6 70-1

80-0 83-5 81-0
300 290 30-0
50-8 55*1 58-3

97-0 100-0 98-0
54-0 5«0 51-0
77-0 80-0 73-0

92-0 950 91-0
39-0 32-0 38-0
70-0 73-0 08-0

85-0 870
25-0 2 i -0
56-0 53 0

100-0 95-0 97-0 101-C 101-2 94-0

92-0 88-0 88-0
35-0 320 34-0
«4*0 01-7 02-n

79-0 83-0
y -0 18-0
49-8 45*0

103-0 93-0 90-1
00-0 590 57-2
79<Q 77-0 70-4
97-0 95-9 95-0

00-0 00-0 « 1*0

Average... 78-7 78-9 78-8
ishwood.—
99-0 89-0 89-0
eo-o 58-0 00-0
Average... 700 8nO 71-8
Average...

J
89-0 80O> 80-0
42-0 3R-< 300
07 0 04-0 048
940 90-0 92-0
340 3301 3*0
00'4 01-1 69-2
88-0

93-0 95-0 92-0
«7-0 O0T 55-0
80-2 79-0 75*4

Average...
Kosciusko—

92-0 90-0 88-C
40-0 4«*< 47-(
73-0 71-0 700
93-0 94-0 90-5
500 40-0 52-3
74-7 73-1 72*0
88-0 89-0 85-1

48'0 4H-0 470
71-7 69-1 07-7
9V0 80-f
80-0 91-0
54-0 00-0
42-0 *2 -<
08-5 07’9
74-2 74*t‘

TEXAS.
Average.
Palestine.—

92-0 01-0 92-0
7o-0 70-0 72-0
80-ü 81-9 82-0

960 97-0 940
58*0 00-0 05-0
A verage... 79-0 80-0 80-0
Austin.—
101-0 99-0
71-0 06-0
85-0 81-8
Average.. ■
94-0 98-0 96-0

88-0 92-5 88-(
68-0 000 070
80-0 o l -0 78-0
95-0 1000 920
56-0 57-0 57-1
77-0 ?y-o 75-2

101 "5 94-0
78-0 56*(
81-0 79-0

01-0 55-0 0!--O 520 5 -0

Average... 70-0 80-8 78-7

90*0 102-0 95-0
63-( 59-0 08-0
Average... 80-0 83-8 70-8
100-0 910
58-0 02-0
81-7 85-4
A verage...
Longview—
90-0 100-0 99-0
61-0 57-0 04-0
80-0 82"U » 1-1
Average.
Arlington—
100-0 99-0 100-0
01-0 54-0 02-0
Average... 78-0 82-0 78-0

590 550 00-0
80-0 80-0
33-0 30-0
58‘3 58-3

INDIAN T.
Avetage.

55*0 50-o 54-0 40-C 45-0 49 0
78-4 7¿-2 77-0 1 74-4 74*4 72-0

Novemb

RainfaU.

R ainfall.

1894. 1893. 1892. 1894. 1893. 1892. 1894.| 1893. 1892. 1894. 1893. }

94-0 92 0
05-' 01-0
A <ra e... 78-5 7 9 1
Inland—
94-0 9?-0
83*0 0O-i
Average... 70-9 77-7

Average..
jfrookhaven-

November

October.

September.

August.
ThermomeUr

October.
September.
August.
1894 1893. 1892. 1894 1898. 1892. 1894. 1893. 1892 1804. 1893.

VIRGINIA
Rainfall,in 8-45 5-71 3-53
14
10
Days rain.. 13
N. CAR’NA
Wilmingt’n Ralnfall.ii
Days rain.

4*23 8-01 438
20
8
17
Rainfall.li: 6-70 2-72 0-59
11
9
Days rain.. 11
Rainfall.in 308 9-81 2-31,
0
15
Days rain.. 13
Raleigh—
Rainfall.in 6-16 7-80 4-42
10
9
Days rain.. 12
Uorganton.—
Rainfall.il 275 9-37 2-02
7
7
Days rain.
9
8. CAROL’A
Charleston—
Rainfall.in 12-11 15-5S 4-73
19
_ Days rain.. 23
17
Btatebwri/~
Rainfall,I d 11-85 14-29 1-38
10
12
Days rain.. 10
8-04 972
Rainfall.in
Days rain.. 12
12
15
Evergreen—
Rainfall.in 3-90 0-3f 3-19
11 12
Days rath.. 10
GEORGIA.
Augusta.—
Rainfall.in 7-39 8-18 2-40
13
Days rain. 10
13




lili

THE CHH0N1CEE

1894.1

4-10 363
6
7
1-86 2-71 3-30
0
0
6

5-92 2-55 0-52
2
6

.0-96 1-54 3-29
3
2

9-24 L0-02 4-84 16-03 6-09 1404
26
11
18
19
19
20
R ainfall.in 7-16 8-50 8-60 17-28 0-24 0-67
15 25
18
Days rain.. 20
19
21
litusville—
Rainfall,ii 533 3-58 2-24 14-40 4-73 16-07
25
14
15
Days rain.. 20
17 13
lalldhassee—
6-94 3-00
Rainfall,i> 8-29 8-95 0-43
7
0
Days rain.. 10
10
10

3-24 4-48 3-34
10
10
9

3-72 1-76 0-04
7
8

4-84 2-46 1-34
3
9
9

2-20 2-73 1-28
7

3-08 8-07 0-70
15
14
10
7-43 2-88 1-00
1
3
4

2-41 2-S8 0-50
10
0-90 2-55 V502
2

4-49 7-33 13-47
22
7
27

0-85 3-69 2-08
6
11
8
4*37 11-53 4-93
15
8
12

3-98 1-21 0-45
5
2
5
4-31 3-50 3-03
5
5
5

0-73 2-85 4-40
0
1L
5
021 3-54 1-9»
10
7
4

7-07
16

2-85
10

5-89
4

4-57 4-03
12
Days rain..
7
Forsyth.—
R ainfall ,ir 9-54 13-16 7-72
10
Days rain.. 12
14

Days rain..

ALABAMA
1iontgom’y
.0
R ainfall.in
Days0 rain..
Mobile.—
Rainfall.in
0
Davs rain..
Newton Rainfall.in
Days rain..
Birmingham
R ainfall.in
Days raid..
Florence—
R ainfall in
Days rain..
LODIS’ANA
Sew OrleansR ainfall.in
Days rain..
Shreveport.—
R ainfall.in
Days rain..
3rd. CoteauR ainfall.in
Days rain..
■AbeftyHUl—
R ainfall.in
Days rain..
Cheneyv die—
R ainfall.in
Days rain..

ARKANSAS.
Little Rock.—
Rainfall.in
Days rain..
Selm a—
Rainfall.in
Days rain..
Sm ith—
Rainfall,I d
Davs rain .
Camden—
R ainfall.in
Days rain..
Coming—
R ainfall.in
Days rain..

4-72 5-2Í 2-72
5
0
10

0-87 5-4C 105
4
3
10

1-23 3*64 3 5 8
8
&
8

5-00 099 2-27
8
7
13

0-12 8-27 0-23i
3
10
8

5-00 3-20 1-98
8
13
10
4-80 7-75 7-5i
6
9
9

7-08 5-57 0 53
5
9
13
5-29 10-70 0-5
2
4 ■ 7

1-71 2*44 2-99
lo
8
4
1-59 1-97 2-92
10
7

10-94 7-1 ( 11-71
17
9
11

4-12 7-51 0-75
lo
7
9

314 1*3« 0-98
10
10
9

0-70 2-81 2-88
f
0
7
515 2-7$ 4-84

4"51 4-68 0-19
1
5
7
1 _
4-4C 2-48 ! 0-27
3
9
5

1-02 2-19 1-03
7
7
6

1-73 1-72 1-55
S
5
8

7-85 4-82

4-89 3-10 ! 0-53

1-94 204 3-78
0
6
5

INDIAN T
Oklahoma—

4-2$ 5-49
0
7

3-34 4-50 i 0-27
5 ' 6
4

l -82 1-98
5
5

4"If
0

12

8

6

8

2

Days rain
5-2f
5

2*87 .. •
2*13

::::

2-78
8

0-55
1

0-92 1*95 ...»
2

5-87 1-63 2-03
14
7
12

0-92 4-38 6-33
11 12
7
0-69 0-58 1-50
4
3
5

0-89 4-24 2-18
0
6
2
2-40 0-63 1-54
á
2
5

3-40 5-39 2-25
9
10
11

501 3-82 0-00
3
4
4

6-03 2-99 3-79
12
9
10

1-78 0-48 3-88
3
3
6

0-19 2-87 0-47
3
2
4
1-89
1-89
4
3

4"55 552 3-98
15
10
13

1-80 V89 1-40
4
8
7

0*62
2

1-34 0-24 3-55
6
0-87 5-38 5-79
11
2
1-73 6-42 4-20
4
**
5-14
1-03
4
4*43

10-60
14
7-32 4-56 0-96
15
12
12

6-50 2-32 0-09
11
12
12
0-91 2-16 6-07
9
11
7
3-74
12

3-36
17

2-69 1*26 3-03
11
0
3
3-25 0-95 3-31
7
3
11

TENNES’E.
SashviUe.—
R ainfall.in 2-43 1-92 3-39
Days rain..
14
8
8
Memphis.—
R ainfall.in 5-11 0-62 3-52
Days rain.. 13
8
6
Ash/wood—
R ainfall.in 3-40 5-79 2-89
Days rain.
11
5
8
Wier—
R ainfall.in
8-00 277
Days rain.
5
9
TEXAS.
■salveston.—
R ainfall.in
Days rain.
Palestine—
R ainfall.in
Days rain.
Austin—
Uainfall.il
Days rain..
Abilme.—
R ainfall.in
Days rain.
San Antonio
R ainf * 1,1
Days rain.
Huntsville.—
R ainfall.in
Days rain.
Longview—
R ainfall,in
Days rain.
Arlington—
Rainfall.in
Days rain.

10

4-70 5-72 7-82
19
11
17

MISSIS’P I.
Jot ambus.—
R ainfall.in 5-3! 4-11 0-17 1-18 5-59 2‘42
3
Days rain.. 12
8
10
11
12
■'icksburg.—
Rainfall.in 2-29 2-8« 5-41 2-75 1-01 1-4S
5
7
Days rain.. 11
19
9
13
.eiand—
Rainfall.in 4-91 2-91 •2*36 3-95 4-4<> 1-32
2
Days rain.. 11
5
6
0
9
R ainfall,in 6-98 3-40 2-10 2-33 5-37 0-88
1
6
Davs rain.
5
4
7
5
Brookaven—
R ainfall.in 5-73 2-77 0-20 2-58 3-71 1-07
5
Days rain.. 11
8
9
13
7
Kosciusko—
Rainfall.in 3-12 1-82 5-00 6-17 4-92 0-20
1
Days rain..
5
5
7
5
3
WaynesboroR ainfall.in 8*79 2-0* 5-38 4-60 6-20 311
3
Days rain..
5
4
4
14
7

1-97 1-71 0-59
14
5
8

0

1*80 2-86
2 Í
4

FLORIDA.

4-56 320 0-57
5
6
8

8

5-78 3-06 2-70
5
11
7
7-88 8-29 ,0-95
15
8
14

3-17 0-91 1-12
0
4
7
0-41 2-50 0-40
1
2
4

0-34 3-00 4-28

1-37 3-10 2-00
7
4
4

0-92 1-11 4-41
10
4
7
3-78 2-31 1*80
7
8
7

3-70 4-0* 0-60
10
12
15

R ainfall ,ir- 7-28 1257 3 3
19
Davs rain.. 21
21

0"4i 0-2S 1*88
9
9
5

12

2-62 0-39 0-59
3
3
5

Days rain..

0-86 0-75 2-38
11
11
4

10

1894. L893..1L893.

GEORGIA.

0-05 2-8C 0-52
3
11
8

11

November.

October

September.

August.

1894. 1893. 1892. 1894. 1893. 1892. 1394. 1893 1802

2-13 2-18 3-54
2
0
5
2-17 7-18 0-19
2
7
7
3-96 5-28 1-81
4
8
14
3-81
1-30
2
4
1-91 513
8

8

3-07 0-43
10
5
1-60 5-48
8
7
3-79 7-70
8
6
5-20
8

4-78
7
0-98
5
3-73
0
3-08
5

0-49 5-02 5-29 2-04 1-72 0-58
8
3
11
9
8
10
5-45 3-55 3-41 1004 1-32 0-86
2
2
6
9
8
13
2-20 o-oo
5-30 2-10 0-45
0
9
10
3
U

0-77 0-88 o-oo
0
4
3
1-50 1-50 0-18
8
4
4

0-34 2-01 3-93
10
5
2-36 4-82 4-48
11
9
5

0-96 o-oo 1-34
3
0
2
o-io 0*93
2
. 1
0-68 1-93 0-04
4
4
2

0-79 0-51 2-85
lo j
2
0*00 5*00

1-08 o-oo o-oo
0
0
1
+ 1-15 0-83
2
2
2

o-oo 2-00 4-00

3-20 1-58 2-82
8
5
4
2-04 0-51 0-87
6
4
3
2-50 1-57 5-73
6
4
1-22 0-85 4-41
i
2
1-50 3-48 0-43
5
3

0-63 3-79 8-03
12

0-53 3-88 0-25
6
5
0 55 0-04 0-82
4
3
0-39 2-01 0-37
3
1
0-07 1-83 0-23
2
4
2

1-92 2-97 3-91
13
3
0-49 3-48 6-20
12

051 0-55 1-09
9
1
4
0-17 5-74
3
1-30 o-oo 5-88
0
3
1-17 0-03 0-03
8
1
4

1-50 3‘92 2-80
5
13
4

0-54 2-30 1-85
1
4
7
1-48 o-io 1-09
4
2
6
0-35 0-23 0-34
1
3
10

0-89 0-03 1-48
2
3
0-40 0-30 2-1»
9
1
2

3-18 2-88 2-74
7
5
0

2-08 4-20 1-97
1
3
8
1-94 0-88 0-5S
2
2
5

0-31 1-40 3-30
2
5
0-89 0-50 0-94
2
3

1-93 5-00 4-27
3
15
5

1-05 3-20 1-29
3
4 1 0

1-84 o-oe 4-0^
13
0

0-79 3-30 3-58
11
8
li
8 55 0-02 9-09
14
11
8
0-13 4-40 7-35
9
6
14
0-31 3-81 5-03
11
6
12

+ Inappreciable.

1-43 5-72 3-94
2

1-40 4-15
2

****

1-32 4-98 7-00
14
3-01 1-94
9
9
1-3S 3*55 5-31
2 10
0-84 2-55 4-45
0
3
5

1-52 2-80 4‘99
9
1-10 2-50 4-67
0
5

1-90 4-94 5‘99
8
13
4-90 1-50
2
+

1-00 0*45
7
4-62 1-09
11
8

0-85 5-00 7-22
160 0-42 0-15
11
12
0-lfl 2*9;

o-o-

V2t

1-01

1112

THE CHK0N1CLE

A v e r a g e s o f T e m p e r a t u r e a n d R a i n f a l l .— A s o f inter­
est in connection with our monthly weather record, we have
prepared the subjoined tables, which show the Scate averages
of thermometer and rainfall in August, September, October
and November f o r six years, 1889 to 1894, inclusive.
September.

August.
Thermometei
Averages.
N .C a r ’l i n a
1894 ........
1893 (g o o d )
1899 (g o o d
1891 ( fu ll) .
1890 (fu ll) .
1889 (g o o d ,
S» C a r ’l in a
1b » 4 ..........
1893 (g o o d )
18 9 2 tso o d
1891 ( f u l l) .
l S 9 i 1 (fu ll)..
1889 (good,
G e o r g ia .

1894..........

1893 (good)
1 8 9 2 (good
1891 (fu ll)..
1890 ( fu ll) .
1889 (go o d )
F l o r id a .
1894 ..........
1893 (good)
1892 (g o o d
1891 (fu lC .
-1 8 9 0 (fu ll)..
1889 ( g o o d
A labam a.
1894 ______
1893 (go o d )
1 8 9 2 (g o o d
1801 ( fu ll) .
1890 (fu ll)..
1889 (good)
L o u is ia n a
1894 ............
1893 (good)
1892 (g o o d ;
l « « l (fu ll)..
1890 (fu ll).
1889 (good.
M is s is s ip p i
1894 ............
1893 (g o o d )
1 8 9 2 (g o o d ,
1891 (fu ll).
1890 (fu ll) .
1889 (g o o d
A rka nsa s.
1694 ............
1893 (good)
1 8 9 2 (g o o d
1891 (fu ll)..
1890 (fu ll).
1889 (go o d )
T en n essee.
1694 ............
1 8 9 3 (g o o d )
1692 (g o o d )
1891 ( fu ll) ,.
1890 (fu ll)..
1889 (g o o d )
T exa s.
1894 ............
1893 (g o o d )
1692 (g o o d )
1891 (fu ll)..
1890 ( fu ll)..
1889 <tcn >d ’

1
tn

§
8?

S>
N

s
tq

October.
O*

i

November.

ÖI
tq

8
M

Ö»
N

•S
tt|

36-2
322
32-4
8 TO
338
323

Öl
N

1
tí

93-8
90-8

71*6
75*4
77*4
7ö*<
74*7
74*4

9C 8 54*4 72*5
90*0 45-0 70 3
83*0 48-0 60 0
64*8 71-6
68*8 52-0 71*1
80*2 44-2 00 3

84*2
82-0
82-0
85*8
84-2
80*4

80-3
50*0
5350 9
5w><
57-4

73*8
71*0
77*2
7 5'4
708
77*0

23*2 48*2
20 0 4S*7
2 0 2 43*2
17*8 4 «*3
25*7 53*5
23-2 5 2 0

94-8
9 f0
94-1
93*4
91-1
89-5

«3*0 78*2
o 3'0 70 9
67*9 7-rft
« 14 76*3
00*0 70*8
03*2 7d*l

93*8 ftñ-ñ 75 5
91*6 51-7 74-S
87*e 55*3 72*a
8^*5 01*0 73-8
84*2 55*3 7d-0
89*3 55*1 73*4

87*2 40*8 64*1
84*0 84-3 0 4 83*4 3 Vft 64*3
88*2 3 T 7 50-6
87*1 37*2 03*7
8 TO 3 9 7 62*8

75*0
77*3
80-s
791

26*5
2425*3
2 t*7
so-o 33*0
76*6 25-0

53*9
53-0
55*2
52*9
59-3
5ö*5

97-0
92-2
935

03*8 79-P
05*5 78*9

93*3
935
88*3
90* 2

55*8 72*3

87-0
85*8
8:3*7
87*3
870
8 T0

42*8
38-0
87*"
87*7
87*3
39*0

05*8
05-9
043
0 *7
02*9

75*8
78*0
82*2
78*7
78*5
70*1

25*8
27*o
«8*4
2T3
337
23-0

53-8
55-0
54-3
54-9
50*8
5c7

93-3 08*8 80*0
93-9 09*3 80*7
02*3 0 V 8 79*8
9C 9 09*3 80-9
9 2 > 00*0 80*0
91-3 05*9 79*0

93*3
93-0
90*ft
80*3
90*t*
91*3

64-0
03 4
80*0
05-5
65-4
00*5

789
785
77*3
77*9
78-1
72-2

87*0
87*8
89*3
80-8
89-4

53*3
50*7
43*0
45 4
44*0
88*0 40*6

7 T9
7L*0
70*1
6 8 *«
72*0
07*3

8T0
8 i* 1

as*ft
80*6
83-9
823

35*3
30*ft
3«’#
31*8
41*8
82-0

62-9
o3*4

94-0
HPft
93-4
9 5'0

91*5 50*0 75*6
95*n 61*0 7/*5
68*0 50*5 71*0
93 0 54*6 75*0
00 2 ftftv 75-9
94*6 50-5 75*2

87*5
87*0
80*0
80*3
85 7
85*4

40-3
385
.37*0
33 5
34*4
30*8

04*5
05*5
04*161*1
6 TI
04*6

77 0
77-5
79*4
80*7
82-3
79*0

23*7
29*5
30 0
2 T .1
33-0
27-0

53-4
50*8
5T3
54*9

59*4
ttiro
«3*4
92*4 5 3 «
9 '*9 56*8
69-3 60*0

w-

00-8 79*3
93-1 01*2 76*8
92-4 02*0 77*9

91-0

58-5 78*4
57*7 78*0

50*7 7 r 5
01*0 50*7 74-0
04*0 70*91 9l*u 51*8. 7 3 1

04*8
05 ft
04*4
54*0

02*0

00*0
02*1

60*2
0 d*O

93-3

78*3
80-7
76*5
79 3
0 1*2 77*8
03*0 70*9

95-0
95 ’S
94*0
H3*3
95*1
95*7

85*0
03*8
00*5
64*0
03*3
04*7

79*6
80*0
8 ° ’9
78*0
70*6,
80-7

93*8
97*4
9 l>
93*0
92*¿
BT1

54*0
57*4
55*8
50*8
48*3
53*(

75*4
76*5
74
75*0
75*7
76*4

89 8 40 3
8 6 3 44*0
00*0 38*8
88*0 40*1
87*0 30*4
89*3 40*2

06*7
67-0
70*9
65 2
05*ft
67-b

80-8 32*0 57*9
8i*3
56*7
81 9 33*4 58*6
h3’e 27-0 00*2
82*0 32-7 00 2
80*7 30*5 54*5

95*4
06* !
03*’;
95-7
94*7
02*2

64*0
S6*0
02-0
53*0
56*9
80*5

77*9
78*2
79 0
77 *0
7e*l
7d*l

92*0
9 >*7
91*7
94*8
9T0
01*0

50*3
52*3
50*5
50*8
51-4
51*3

74-7
74*5
72*0
75" ft
74*i

8 Í-3
80*1
80*8
90 9
86 9
85 5

38-3
34 0
31*4
82 0
34*9
36-2

82-9
03 t
601
6 L*2
02 b
61*7

78*?
8i* t
79*8
82*3
83*7
80*C

99*2
94*5
93*3
90*3
95-H
9C «

58*2
50*3
59*7
55*0
«0*0
00*0

77*9
70*8
78*8
78**
77*9
77*3

91*0
000
90*8
93*8
90 0
91*0

47*4 73*6
42 H 72 '

83*2
87*2
87*6
80*4
85-5
83*7

31*2 61*-.
8#*b 50*1*
30*-i 85b
35*0 0 2 6
8 P3 61*i
34*1 00*1

8 •»‘6

9T- 00*0 74*0
91*7 58* • 77*'

91*3 ft»*8 71*4
P4-.3 S iti 75*3
y t*o ft5*8 76*1
69*5 00*8 75*3

95*7
98*5
96*1
93*5
97*1

74-0

71*7

5C4 74*9
48-8 70 4
40*7 70*1

84*a 34*9 00*2
83-8 28*6 58 0
83*i 29g 0T1

91*0
9 3*3
87*4
9 2 -'*
88-5

48*0 73*1
45*5 70*4
47-1 60*4
53*. 70*5
40-8 71*3
9 j *0 43 0 69*6

02*5
8 l*ft
05*1
5«*0
05*5
i*8

79*0 94*3 57*3
82*0 100-7 0 0 0
81*1 03*6 55-8
81*4 92-0 57*H
8 r0 9 5*7
SO* 4 80 6 48-k
4’u e w o rd s • ta u a n d “ g » ,o.,

0

77-0

79*7
70-1
77*175*0
72*4

c ro p f o r th e v e a r w a s fu ll o r good.
M a n c h e s t e r M a r k e t . —o u r

83*0 31*3 öS*
84*9 32*9 58-9
81*6 31*5 54*V‘
92*6
94*4
90*8
87*6
88* S
84’«
y 0 uà.

22*7

51*9

27-0 54*3
2 T 0 51*6
30*7 5-C7
20*2 50*9

76* c 22*5 4 0 1
70*4 22-0 43*0
7T^ 2s*7 5 C 5
8 )*f 20-C 49 7
77-4 3 T 8 54*1
73*7 23*3 4 0 3
74"f

17*C
10*0
74-C 19-7
71*« I l f
70*8 2 0 1
7 3 i 24*5
610
3 i-l
30-0
29-7
34-3
275

455
40*3
40*7
47*9
53-8
48*9
8T8
57-u

5h*8

58*8
5d*0
4,,' q

d.
d.
N v .1 6 5»j 6 ®6
“ 23 5Ij6 ®6t8
“ 30 5*2 ®6»s

Deo. 71538 ®3iia
S 1 4 !5516 ®6
“ 21 5>4

*6

1893

8H lbs.
Shirtings.
d.
3
3
3
2

s. d®6 lia

Oott’n

M id . 32« Oop.
Twist.
TJplds

d.

d.

d.

s.
3
6 78 ®7!<j 5
®6
6l3ie®
738
5
3]a
®6
3 ’33 6% ®73a 5
611^5)738 5
®6 lifl1 35
1^3 *»6 1*2 33j>2 t>9(g ® 7H 5
l * 6 1>3 3 N 6 <9 ® 73,ft '5

U O m p a « a t i v e F o k t r ta u tf iiF f »

Oou
Mid

8I4 lbs.
Shirtings.
d. s.
9 ®7
8»fl®7
8 ®7
7 I3 »7
7 ®7

J J p lt

d.
7
7
7
7
6
51«

d
4716
4*3
47,6
45 |g
43,«

4 '*6

u a .i L * O t t o F M o v e m e n t -

—•A comparison of the port movement by weeks is not
accurate as the weeks in different; years do not end on the
same day of the month. We have consequently added to ou
other standing tables a daily and monthly statem ent, tba
the reader may constantly have before him the data for
seeing the exact relative movement for the years named
The monthly movements since September 1, 1894, and in
previous voa-*«. have been as follows;
M onthly
Receipts.

Year B eginning Septem ber 1
1834

1893.

1892.

1891.

1890.

1889.

Bept’mb’r 509,250 377,408 405,355 676,823 732,236 561,710
October 1,609,761 1,311,259 1,135,473 1,532,426 1,365,231 1,325,358
Kovemb’r 1,600,005 1,272,77« 1,125,855 1,376,90,-* 1,145,416 1,257,520
T o ta l... 3,719.016 2.961,543 2,666,683 3,586,158 3,242,883 3,144,588
Pero’ta g eo f to t. port
receip ts Nov. 3 0 ..
46*37
49-50
52*04
50 10
53*51

This stacem -nr shows th at up to November 30 the receipts
at the ports this year were 7 »7,553 bales more than in
1893 and 1,052,333 bales greater than in 1892. j By a iding to
the totals to Nov. 30 the dany receipts since that tim e we
shall be able to reacn an exact comparison of the movement
for the different years.




The Following are the (Jross receipts of Cotton at
New York, Boston, Philadelphia and Baltim ore for the past
week, and since September 1, 1894.
Ne w Y o r k .
Receipts
fro m —

T h is

S in c e
w eek. 8 e p t .l .

N. Orleans... 14,130
T e x a 3 .......... 11.233
S a v a n n ah ... 8 ,2 t8
M obile...... .
198
Florida........
So. Carolina 2,793
igo
No. Carolina
V irg in ia .... 5,157
North, ports
Tenn., &c... 9,433
Foreign........ 1,635
T o tal........

62,900

L ast year.... 55,011

40*3 70-6 103-0
8V 5
41*5 803 9 9 00*0 82-C
43*3 03-7 80-7
43*9 77-9 82 5
40*2 04-ft 77-2
,* u OAOlO ,UO <||

IS 04.

T o t a l. . 4,786,301 3,840,410 3,334,434 4,427,564 4,009,369 3,904,328
Percentage o f total
61*86
57*33
63*52
65*07
66*44
port reo’pts Deo 21

6 0-8

report received by cable to ­
night from Manches’er states that the market is dull for both
yarns and sheetings. Stocks of both yarn and goo is ara
accumulating. We give the prices for to-day below and leav e
those for previous weeks of this and last year for comparison :
32« Oop.
Twist.

1894.
1893.
1892.
1991.
1890.
1889,
To. Nv. 30 3,719,016 2,961,453 2,666,683 3,586,158 3,242,883 3,141,588
44,421
Deo. 1 ....
32,197
28,423
48,158
36,104
8.
“ 2 ....
47,377
37,454
46,470
S.
54,352
46,051
36,459
“ 3 ....
S.
39,351
73,601
26,279
52,533
54,726
“ 4 ....
66,146
59,163
S.
33,803
34,861
53,78*2
34,125
“ 5 ....
45,495
50,866
47,119
41,241
*» 6 . . . .
47,786
45,121
S.
46,999
36,593
45,529
34.939
79.782
54,831
“ 7 ....
43,841
8.
36,929
66,353
33,689
i
8 ....
46,934
57,752
54,071
8.
49,205
35,675
S.
43,956
48,455
« 9 ....
48,050
62,700
30,782
43.342
25,170
“ 1 0 ....
S.
51,160
S.
61,178
33.695
53,338
62,227
*' 1 1 ....
37,985
42,310
55,836
59,545
54,175
35,679
“ 1 2 ....
27,309
40,825
47,182
39,211
S.
42,579
“ 1 3 ....
51,171
30,962
91,096
42,175
53,884
S.
“ 1 4 ....
36,503
49,821
27,483
61,787
55 290
54,953
I 1 5 ....
8.
28,621
39,407
S.
38,532
53,741
“ 1 6 ....
51,544
48,231
78,317
23,018
40,087
S.
“ 1 7 ....
45,691
46,782
61,034
52,744
S.
35,344
“ 1 8 ....
44,901
45,920
35,247
47,859
42,991
61,995
“ 1 9 ....
29,093
30,399
S.
44,943
46,036
46,993
i 2 0 ....
44.519
26,212
52,982
S.
“ 2 1 ....
74,631
35,011
31,657

5T7

251 52*7

[Vol. LIX.

177,199
105,537
13 ¿,303
5.953
86,741
6,331
39,006

B o sto n .

S in c e
w ee k . S e p t. 1.

T his

1,307

41,835

P h i l a d e l p h ’a

T h is

S in ce
w e e k . S e p t. 1

B a l t im o r e .

T h is

Since

w eek.

Sept, t.

383

6 ,450

46

465

249

3,246

47,918

4,860

549
4,435
45,045

9,087

45,081

..... ....... ......... . ......
....... ..... .......

4,093

50,504

......

1.35S
20,219
0,843
370

21,848
194,603
11,801
8,417

659,079 30,127

271,464

5,544

67,544

16,420

143,503

533 231

217671

4.825

27 045

9.929

124.132

51,843
4,957

29.7S2

Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
241,276 bales. So far as the Southern ports are concerne , these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
Total bales.
N e w Y o r k —T o L iv e rp o o l, p e r s te a m e r s B r ita n n ia , 1 ,015
H ila ry , 2 .6 1 2 . . L a s se ll, 2 2 9 ___M e rid a , 2 ,8 5 7 . . T a u rio ,
4 ,0 0 6 u p la n d a n d 3 1 S e a l - l a n d ...... ................................................. 10,750
To H uO , p e r s te a m e r B uffalo, 2 ,4 5 6 .............................................
2,456
To G lasgow , p e r s te a m e r G re c ia n , 100 S e a I s l a n d ................
100
T o L o n d o n , p e r s te a m e r A leoro, 2 7 ..1 ......................... .................
27
187
T o N e w c a stle, p e r s reanoe" M arengo, 1 8 7 ________________ _
T o L e ith , p e r s te a m e r C ro ft, 3 * 0 ..^......... ... ...............................
300
T o H a v re , p e r s te a m e r L a O h a m o a g n e , 3 3 5 , . . . . ............ ...........
335
996
T o B re m e n , p e r s te a -n e '’ E lb e, 9 9 6 ...... ......................... ..................
T o H a m b u rg , p e r s te a m e rs A m alti, 1 ,1 5 0 ...M o r a v ia , 1 ,6 0 0 2,750
T o A n tw e rp , p e r s te a m e r W aesl m d , 2 ,4 2 5
...... ...................... 2,425
150
T o M arseilles, p e r s te a m e r A le sia . 1 5 0 ................................... ^ . . .
T o G en o a, p e r s te a m r B au m w a ll. 7 6 4 .........................................
764
T o N ap les p e r s te a m e r B a u m w a ll, 1,352. ................
. . . . 1,352
N e w O r l e a n s —Co L iv e rp o o l, p e r s te a m e rs E n g in e e r, 4 ,7 0 4 .. ..
M ex ic a n , 6 ,0 2 5 ...M ila n e s e , 4 ,8 0 0 ........... ......... .................... ..
15,529
T o M unch -ste r, p e r s te a m e r S ir G a r n e t W olselev, 4 7 7 2 ___
4,772
T o H a v re , p e r s te a m e rs L o a n g o , 4 ,8 4 1 . ....M e th le y H all,
7 , 7 0 0 . . . . N ia g a ra , 6 ,3 5 0 ............................................................. . . . 18,891
T o B re m e n , p e r s te a rn e s A<-ab, 1 0 ,4 1 3 ___ H e rm a n n , 5 ,6 0 4
___S cotia. 3 ,0 0 0 ...V ic to r y , 6 ,2 0 0 . . . .
. . . . . _____. . . . . . . 25,217
4,131
T o H a m b u rg , p e r s te a m e r M a rk o m a n n ia , 4 ,1 3 1 ........................
T o B a rc e lo n a , p e r s te a m e r J u a u F o r g a s , 4 ,5 0 0 ___p e r b a r k
T a fa lla , 1 ,000 ...................................... ................................................
5,500
2,5u0
To G rn o a , p e r s te a m e r J u a n F o r g a s , 2 ,5 0 0 ..............................
G a l v e st o n —T o L iv e rp o o l, p e r s te a m e rs E a s b y A b b e y , 7,665
... .G i a n a y r o n 6,5 0 ___W ild e rsp o o l, 7 ,1 0 ’». . . .
. . . . . 21,265
T o H a v re s te a m e rs C astlefleld . 5 ,8 6 8 ... R i d d a m , 5 ,8 6 8 . . . 11,736
T o B re m e n , p e r s te a m e rs B u sh m ills, 5 ,8 6 7 ___ F e rn m o o r,
8 ,< 5 0 ......................... ............................. .................................... . . . . 13,937
T o H a m b u rg , p e r s te a m e r E lfrld a , 1 .4 4 2 ................... .......... . . .
1,442
M o b il e —T o V er? C ru z p e r s te a m e r R a v e n s d a le , 6 5 4 .................
654
Sa v a n n a h —T o U d d v a lle , p e r b a ik P a s s e p a r to u t, 1 ,6 5 0 . . . . .
1,650
T o G e n o a, p e r s te a m e r S c o tia , 7 , 9 6 5 . . . . . . . . ............ ......... . . . . . .
7,965
To L isb o n , p e r b a r k Q u in te ria , 5 7 5 ..................................................
575
C h a r l e s t o n —l ’o L iv e rp o o l, p e r s te a m e r H ig h la n d e r, 6 ,9 0 6
u p la n d a n d 41 S e a Is la n d ................................................... ............... 6,947
T o G en o a, p e r s te a m e r P o c a h o n ta s . 6 ,6 8 5 .________ . . . . . —
6,685
P o r t R o y a l - To L iv e rp o o l, u e r s te a m e r S t P a n c ra s , 1 1 ,9 7 6
u p la n d a n d 3* S ea Is la n d .......................................................... .
12,006
N o r f o l k —T o L iv e rp o o l, p e r s te a m e rs L a m b e rt’s P o in t, 6 ,7 9 3
___Q u e en M a r g a r e t 5 ,6 2 5 .................. ..................................... .
12.418
T o B re m e n , p e r s te a m e r H a je e n , 1 .8 0 0 ................
1.800
We s t P o in t —T o L iv e rp o o l, p e r s te a m e r M altb y , 8 , 5 1 7 . . . . . . . . . . 8 ,0 17
<0 B rem en, p e r s te a m e r V u lc a n , 6 , 6 7 5 . . . .......... .
6.675
T o G h e n t, p e r s te a m e r P r e s to n , 6 .2 7 5 ...... .................... ...............
6,275
N e w p o r t N e w s —T o L iv e rp o o l, p e r s te a m e r S h e n a n d o a h , 2 .4 4 7 2,447
B osto n —T o L iv e rp o o l, p e r s te a m e rs B o -to n ia n , 5 ,2 8 L ...P a v o n ia , 1 3 o l ....S a c h e m , 3 ,4 2 8 ...S a g a m o r e , 1 , 4 0 9 ...........
11,419
T o Y a rm o u th , p e r «-team er B o sto n , 82 — .....................................
82
B a l t im o r e - T o L iv erp o o l, p e r s te a m e r R o ssm e re , 3 ,6 6 0 ............. 3 ,660
To L o n d o n , p e r s te a m e r M assa p e q u a , 5 5 8 ....................................
f>58
T o H a m b u rg , p e r s te a m e r B o h em ia, 1 ,3 6 5 ............................ . . .
1,305
T o R o tte rd a m , p e r s te a m e rs G ov in o , 1 ,1 0 0 ....V e n a n g o , 7 0 0 1,800
P h il a d e l p h ia —T o L o n d o n , p e r s te a m e r M ain e, 3 2 6 .....................
326

Total.

241,276

D ecem ber

Spot,

The particulars of these shipments, arranged in our usu al
form, are as follows:

New York. 10,7*0 3,070
335 3,740 2,425
N. Orleans. 15.529 4,772 18,89129,348 ........
Galveston.. 21,265 . . . . . . 1 1,73615,379 ....... .
M obile.. ..
1,650
Savannah,.
Charleston. 6,947
____
Port Royal 12,006
. . . . 1,800
N orfolk,... 12,418
. . . . 6,675 6,275
West P oint 8,517
N’P’t News 2,447
Boston....... 11.419
558 . . . . . . 1,305 1,800
Baltimore.. 3,660
326 .....................................
Philadel’a................

2.266
8,000
...
8,540
6,685

8,726 30,962 58,253 12,150 25,491

736 241,276

)p«r. Sigh Low. Olos. Open Sigh Lou
D ecem ber..
D ec.-Jan....
Jan .-F eb....
Feb.-M cb...
Mch.-April.
A prll-M ay..
May-J u n e ..
Ju n e-Ju ly ..
July-A ug...
A ug.-Sept..
Sept.-O ct...
Oot.-Nov....

O a k f ie l d . steam er (Br.), from Galveston v ia Newport N ew s for Liver-

' poo), has put iuto St. Johns, N. F , w ith a lire in the cotton in
No. 2 hold. The cargo in that hold w ill hasre to be discharged In
order to g et at the fire.

Ootton freights the past week have been as follows:
W ednes, T h u rs.

L iv e rp o o l, s te a m , d
% ®964 % ® 964 % ® 964
964
M a n e b e s te r..........d. 904®532
B32
532
5S2
31% f
31% t
33t
31% t
H a v re , s t e a m . . . c.
....
....
....
....
Do
l a t e r ........d.
35f
351
35t
B rem en,nu Id. J a n d .
351
....
....
....
Do
l a t e r . , .d .
....
632
H a m b u rg , s te a m d .
532
532
532
....
....
Do
la te r ..d .
....
....
301
301
30t
A m s’d a m , ste a m .c .
30t
732
R e v a l, D eo’b e r .. d .
732
782
732
D o J a n u a r y ..d .
1364 1364®732 1s64®732 13d4®73?
....
....
....
....
B ’lo u a , d i r e c t . . . d .
G e n o a , s t e a m . .. d .
5.32
B32
B32
532
....
Do
la te r ...,d .
S16
316
316
T rie s te , v .G e n o a .d .
1364
*364
*3S4
1804
A n tw e rp , s te a m .d . % ® 964
784®% 764® 1«

% ® 964
6S2
31%1

F ri
% ® 964
532
31% t

....

—

35t

35t

—

....

582

5S2

....

....

30t
301
V
732
1364®732 *3ti4®7e4
....

....

632
316

° 2
3ia
1364
704® %

764®%

t Cents n et per 100 lbs.

Liverpool.—By cable from Liverpool we have the following
statement of the week’s sales, stocks, &c., at th at port:

Bales of tb e week ........... bales.
Of which exporters took . . .
Of whtoh speculators t o o k ..
Bales Am erican........................
Actual ex p o rt___ _____ . . . . . . .
Forwarded............................... .
Total stock—E stim ated............
Of which American—Estln-’d
Total im port of the w eek ------Of which American - . . . . . . . .
Amount afloat...........................
Of which American..............

58.000
3.000
3.000
51.000
7.000
65.000
850.000
7< 6,000
153.000
136.000
370.000
360.000

Dee. 7.

54.000
1.600
3,800
48.000
14.000
65.000
895.000
755.000
123.000
111.000
390.000
380.000

Dec 14.

Dec. 21

56.000
53.000
3,3 )0
1,700
1,200
2,300
53.000
44.000
16.000
10.000
63,000
62,000
993.000 1,073,000
851.000 932.000
170.000 160.000
154.000 150.000
320.000 385.000
310.000 375.000

The tone of the Liverpool market for spots and futures ea» h
day of the week ending Dec. 21, and the daily closing prices
of spot cotton, have been as follows:




M o n ., D e c . I T .

B a t ., D e c . 1 5 .

Below we give all news received to date of disasters to
vessels carrying cotton from United States ports, &c.:

N o v. 30

F air
bus lues«
doing.

p y * The p r ie e t a re g iv e n in p ence a n d 64 th e .
2 63-64d. a n d 3 01 m e a n s 3 l-6 4 d

Cap e n o r, 7 .3 0 0 ; S iro n a . 7 ,3 0 0 ___Deo. 15 S te a m e rs C ity o f B e lfa s t,
5,17 3; D e p tfo rd . 6 ,2 2 2 ; G e rto r. 5 .4 3 3 ; H a m b le to n . 7 .6 6 1 ; J o h n
B rig h t, 7 ,411; M o n ro v ia , 6 ,5 0 0 ...D e o . 1 7 - S te a m e rs A ta la , 8 ,2 2 1 ;
C h atfle ld , 7 ,4 3 1 ........D eo. 19 S te a m e r R n u n to n , 6 ,2 5 7 .
'To H a v r e —D po. 13 - S te a m e r G e o rg io M ich -lin o s, 8 .7 1 8 -----D eo. 1 4
- S te a m e r E th e la id a , 6 ,4 5 1 ___Dec. 19 S te a m e r B >ma. 6 ,5 5 7 .
T o K rem en D eo. 1 4 - S te a m e r P a r k tie l d , 6 ,7 8 6 ....D e o . 1 7 —S te a m e r
E th e lb u r g e r . 5 ,4 5 9 .
_
N e w O r l e a n s — To L iv ern o o l - D eo. 1 5 —S te a m e r M ad rile ñ o , 9 , 3 5 6 .. ..
D ec. 18 —S te a m e rs M arip o sa , 9 ,8 5 2 ; M u sic ia n , 1 2 ,1 3 2 ....D e c . 2 0 —
S te a m e r G ra c ia . 7 ,2 0 0 .
T o H a v r e —Deo. 15 S te a m e r T iv e r to n , 5 ,9 9 2 .
T o B re m e n —D eo. 18 - s t e a m e r D ra o o n a , 4 ,1 9 5 .
T o O p o rto - D e o . 18 - B a r k N a n n y . 100.
T o B a r c e lo n a -D e o . 1 5 —S te a m e r P io I X .. 1,856.
T o G e n o a - Deo. 15 - S te a m e r Ph> IX .. 2 ,2 4 8 .
S a v a n n a h —To B re m e n —D eo. 2 0 —S te a m e r H in d u s ta n , 6 ,3 1 1 .
T o B a r c e lo n a —D eo. 1 7 —S te a m e r D u n e d in . 5 ,6 7 5 .
T o G e n o a —Deo. 1 9 —S te a m e r M a rio n , 5 .1 5 5 .
B r u n s w i c k —T o L iv e rp o o l Deo. 1 4 - S te a m e r L o rd L a n d s d o w n e ,——
'D e o . 2 0 - S te a m e r K a m o re H e a d , ------- .
C h a r l e s t o n T o L iv e rp o o l—Deo. 1 9 —S te a m e r H e le n , 7 ,6 5 7 u p la n d
a n d 9 3 9 S ea Is la n d .
T o B a rc e lo n a D eo. 1 5 —B a r k M o n to rn e s, 2 ,4 3 0 .
Wil m in g t o n —T o L iv e r p o o l—Deo. 1 4 —S te a m e r O rm e sb y , 9 , 4 0 3 . . . . .
D ee. 1 5 —S te a m e r S w a in b y , 8 .5 * 0 .
T o D u n k ir k —D ec. 1 8 - S t e a m e r G o rla tb ia , 4 1 6 0 .
T o B re m e n D eo. 2 0 - S te a m e r P io to u , 7 ,3 0 9 .
N o r f o l k — To L iv e r p o o l—D ec. 14 —S re a m e r K i^ g sw e ll. 3 ,7 7 6 — D eo.
18 S te a m e r Q u e en A n n e , 3 , 4 0 0 .. . ..Deo. 2 0 - S te a m e r E n r iq u e ,
3 ,7 0 0 .
„
W e s t P o i n t - T o L iv e r p o o l-D e o . 1 9 —S te a m e r A sh la n d s. 6 ,7 81.
B o s t o n —To L iv erp o o l D eo. 13 -S te a m e r N o rs e m a n , 8 6 2
D ec. 1 4 —
S e a m e r C e p h a lo n ia , 1 ,9 8 4 ___ D eo. 1 7 - S t e a i n e r C a m b ro m a n ,
5 ,8 9 7 . . . D eo. 1 8 —S te a m e r G e o rg ia n , 5 ,6 2 6 .
B a l t i m o r e - T o L iv e rp o o l - D eo. 1 3 - S t e a m e r B a ltim o re , 1 ,1 0 2 .
T o B re m e n - D e o . 15 S te a m e r B ra u u so h w e lg , 2 ,3 * 5 .
T o R o tte rd a m - D eo, 1 0 —S te a m e r U rb in o , 8 0 J .. .. D e c . 1 4 - S te a m e r
O hio. 7 9 9 .
T o A n tw e rp —D po . 13—S te a m e r R ia lto , 1 ,2 0 0 .
P h i l a d e l p h i a - T o L i v e r p o o l-D e o . 8 —S te a m e r O h io , 1 8 1 . . .D e e . 1 4 —
S te a m e r L o rd G o u g h , 3'>0.
T o A n tw e r p - D e e . 11 - S te a m e r Illin o is. 7 0 1 .

T u es.

Dull.

E asier.

F irm .

3132
12,000
1,000
Q uiet a t
partially
1-64 dec.
Easy.

futures
are on
the basis of Uplands, Low Middling clause, unless otherwise
stated:

G a l v e s t o n —T o L iv e rp o o l—D ec. 1 4 —S te a m e rs A ln w ic k , 7 ,8 8 3 ;

M on.

M oderate
dem and.

Wednes. Thursd’y. F rid a y.

S332
3%
Mid.Upl’da.
3h6
3lifl
12.000
22.592
10,000
8,000
8,000
7,000
76,540 Speo. & exp.
1,000
500
500
500
500
48,330
654
654
F u tu re s.
10,190
Q uiet al Steady a t Q uiet a t
at Easy a t
Market, \ Steady
1.04 de­
1.64 de­ partially
2-64 ad­
3 64 de­
13,63 3
cline.
1-64 dec.
cline.
cline.
12.006 1:45 P. M.J vance.
14,218
V
ery
Q
uiet
and
Market, ? Firm .
21,467
Dull.
Dull.
•teadv.
•tead y .
2,447
4 P. M. \
82 11,501
The opening, highest, lowest and closing prices of
7,323
326 at Liverpool for each day are given below. Prices

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down tt
the latest dates:

S a tu r .

S atu rday Monday. Tuesday

Market, Í F irm er.
1:45 p. m . J

V era
H u ll,
O ru z <£
M anche».,
B r e m e n Other
Y ar­
L iv e r - L o n d o n ,
«£ H am - N o rth S o u th
pool.
<£c. H avre, b u ry. E u r o p e .E u ro p e m o u th T otal.

Total ....1 0 4 ,9 5 8

1113

THE CHRONICLE.

22, 1894.1

D ecem ber..
D ec.-Jan....
Jan .-F eb....
Feb.-Mch..
Mch.-April.
Aprll-M ay..
M ay-June..
Ju n e-Ju ly ..
July-A ug...
Aug.-Sept.
Sept.-Oct..
Oot.-Nov..

4.
3 03
30)
3 03
3 04
305
3 07
3 08
3 09
311
312
3 14
315

4.
3 04
3 01
3 04
3 05
3 06
3 07
3 08
3 10
3 11
3 13
3 14
3 15

4.
3 03
3 03
3 03
3 04
3 05
3 07
3 08
3 09
311
3 12
314
3.15

4.
3 04
3 04
3 01
3 05
3 06
3 07
3 03
3 10
3 11
3 13
3 14
3 15

4.
3 00
3 00
3 00
3 01
3 02
3 03
3 05
3 06
3 07
3 09
3 10
3 11

4.
3 00
3 00
3 00
.3 01
3 03
3 04
3 05
3 06
3 08
3 09
3 10
3 12

4.
2 63
2 63
2 63
3 00
3 01
3 03
3 04
3 06
3 0:
3 08
3 10
311

T h u s : 2 63 m e a n t
T u e a ., D e c . I S .

0le>

Open High Low. Oíos.

4
3 00
3 00
3 00
3 01
3 02
3 03
3 05
30)
3 07
3 09
3 10
3U

4.
2 62
2 62
2 62
2 63
3 0"
3 02
3 03
3 05
3 06
3 07
3 09
3 10

4.
2 63
2 63
2 63
3 00
3 01
3 02
3 04
3 05
3 07
3 08
3 10
3 It

4.
2 62
2 62
2 62
2 63
3 00
3 02
3 03
3 05
3 06
3 07
3 09
310

4.
2 63
2 63
2 63
3 00
3 01
3 02
3 04
3 05
3 07
3 08
310
311

W e d ., D e c . 1 9 .

T h u n ., D ec. 3 0 .

F r i., D e c . 3 1 .

)pen Sigh Low Oíos.

)ptn High Low. Olot

ipet ar<«i Low. Olee,

4.
2 63
2 62
3 62
2 63
3 00
3 02
3 03
3 04
3 06
3 07
3 09
3 10

4.
2 63
2 63
2 63
3 01
8 02
3 03
3 05
3 06
3 08
3 09
311
3 12

4.
2 62
2 62
2 62
2 63
3 00
3 02
3 03
3 04
3 00
3 07
3 09
3 10

4.
2 03
2 68
2 63
301
3 02
3 03
3 05
3 06
3 08
3 09
311
3 12

4.
2 62
2 62
2 r2
3 00
3 01
3 02
3 04
3 05
3 07
3 C8
3 10
311

4.
2 63
2 63
2 63
3 00
3 01
3 03
3 01
3 05
3 07
3 09
3 10
3 It

4.
2 61
2 6L
2 61
2 63
3 00
3 02
3 03
3 05
3 06
3 07
3 09
3 10

4.
2 02
2 62
2 62
2 63
3 01
3 02
3 04
3 05
3 06
3 OS
3 09
13 11

t
2 60
2 60
2 60
2 62
2 63
3 04
3 02
3 01
3 05
3 06
3 08
3 09

4.
2 61
261
2 61
2 62
3 00
3 01
8 03
3 04
3 05
3 07
3 OS
1 3 09

4.
2 60
2 60
2 60
2 61
2 63
3 00
3 02
3 03
3 05
3 06
3 07
3 09

4.
2 60
2 60
2 60
%62
2 63
3 01
3 02
3 04
3 05
3 08
3 08
3 09

B R E A. E s T U F F s .
F r id a y , December 21, 1894.
As is usual at this season of the year, the market for wheat
flour has been extremely slow, but the offerings have been
quite meagre and prices have been well h Id. Rye flour has
been quiet. Owing to the unfavorable weather business in
buckwheat flour has been dull, but prices have been without
change and steady. Corn meal has sold moderately well for
the choice grades at steady prices. To-day the market for
wheat flour was quiet but steadv.
Nothing of interest has transpired in the market for wheat
futures. Speculation has been slow, and early in the week
prices made fractional declines under a large increase in the
world’s visible supply, but subsequently steadier foreign ad­
vices and less favorable crop reports from Argentine caused a
recovery. I d the spot market business has been fairly active
as shippers have been moderate buyers, their purchases for the
week amounting to about 500,000 bushels, principally red win­
ter. The sales yesterday included No. 2 red winter atl^@ % c.
under May f. o. b. afloat. To-day the market was fairly active,
but at declining prices under liquidating sales by longs. The
spot market was moderately active at a shade lower prices.
The sales included No. 2 Toledo red winter on private terms.
DAILY CLOSING PRICES OF NO. 2 RED WINTER WHEAT.
J a n u a r y d e liv e ry .............o.
F e b ru a ry d e liv e r y .......... o.
M arch d e liv e ry .................c.
M ay d e liv e ry ................... .o .
J u n e d e liv e r y ...................c.
J u ly d e l i v e r y . . . . ............ o.

S a t.
59%

60%
615s

62%
62%

M on.

59%
60%
61%
62%
62%
62%

Tues.

W ed.

59%
60%
61%
62%
62%
62%

60%
61%
62
62%
62%
63

T h u r s.

F r i,

60%
61%
62
62%
62%
62%

59%
60%
61%
62%
62%
62%

83%
The speculative dealings in the market for Indian corn futures
have been quiet and prices have declined, particularly for the
near-by deliveries, due to increased offerings, prompted by a
larger movement of the crop. A limited amount of business
has been transacted in the spot market, but at lower prices.
Tbe sales yesterday included steamer mixed at 49^c. in ele­
vator and 51J^'d>5l%c. f. o. b. afloat; No. 8 mixj d at 48t£c. in
elevator and No. 2 white at 55}^c. delivered. Tae market to­
day was weaker, in sympathy with the decline in wheat.
The spot market was quiet but steady. Tbe sales included
steamer mixed at 50%c. delivered and 513^c. f. o. b. afloat.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN.
Sat

December delivery........c.
January d e liv e r y ......... e.
February d e liv e r y ......o .
May d elivery... . . . . . . . . . 0 .

53»«
52%
....
53%

M on.

53^
52%
52%
53%

T u ts .

51%
52
52%
53

Wed,

51%
o2
52%
53

T h n r s.

f i 78n

F r i.

_52

52%
51%
52% jJfl852%

THE CHRONICLE,

1114

LVol. L1X.

Oats for future delivery have been quiet and prices have
sagged off a trifle in sympathy with the weakness in corn.
In the spot market business has been quiet and prices have
weakened slightly. The sales yesterday included No. 2 mixed
at 34c, in elevator and No. 2 white at 3‘@38^c. in elevator.
To-day the market was quiet and easier. The spot market
was quiet and weaker. The sales included No. 2 mixed at
33%c. in elevator and No. 2 white at 38c. in elevator.

The value of the New York exports since January 1 has
been $11,181,957 in 1894 against $8,854,934 in 1893.
Sales of bleached cottons have been of considerable volume,
but not equal to last week, when the largest buyers placed
orders immediately after the reduction in prices of leading
makes. There have been other changes in prices made this
week, bringing various tickets into line with the leaders, and in
a few instances agents, having cleaned up stocks, have modi­
fied last week’s reductions to the extent of ^ cent per yard.
DAILY CLOSING PRICES OP NO. 2 MIXED OATS.
S a t.
Wed. T h u r s.
F r i. Hill, Fearless, Monohansett and Capitol 4-4 bleached are
M on.
Tues.
D e c e m b e r d e liv e ry .. . . . 0 . 3418
3418
34
3331 examples of this.
34
3418
Kid-finished cambrics are dull but steady,
34%
34
J a n u a r y d e liv e ry ___
34%
3438
3414
and white goods in moderate request, as are cotton flannels
35 %
F e b r u a r y d e liv e r y .. . . . 0. 35%
34%
3518
3514
3518
and blankets. As noted above brown sheetings, drills and
M ay d e liv e ry ...............
36
36
3 5 78
3 5 78
355s
Rye has been in light supply and firmly held. Barley has ducks, wide sheetings, corset jeans and sateens, and colored
cottons generally, have been under auction influences,and only
been dull but steady.
small imperative necessities have been attended to. The de­
The following are closing quotations:
mand for fancy calicoes for spring has been of fair extent,
FLOUR.
but in other regular prints, with the exception of shirtings,in
F in e .................... b b l. S I 8 5 ® S 2 1 0
P a te n t, w in te r ........ . $ 2 8 5 ® $ 3 25
S u p e rfin e ....................... 2 0 0 ® 2 20 C ity m ills e x t r a s ....... 3 25® 3 35 steady demand, but moderate orders have been taken. Fine
E x t r a , N o. 2 , ................ 2 15® 2 3 0 R y e flo u r, s u p e rfin e .. 2 5o® 2 85 specialties have also ruled quiet. Ginghams throughout have
E x t r a , N o. 1 .................. 2 3 0 ® 2 4 0 B u c k w h e a t flo u r........ 1 75 ® 1 85 disclosed but a moderate demand. Print cloths have been
C le a r s .............................. 2 4 0 ® 2 65 C o rn m e a l—
S t r a i g h t s ....................... 2 60® 3 35
W e s te rn , &c.............. 2 75 ® 2 9 0 inactive but sellers adhere to 2% cents for extras.
P a te n t, s p rin g ............. 3 3 0® 3 9 0
B r a n d y w in e ..............
3 00
[W h e a t flo u r i n s a c k s s e lls a t p ric e s b e lo w th o s e f o r b a r r e ls .]
GR A IN .

W h e a t—
S p rin g , p e r b u s h ..
R e d w in te r N o. 2 . .
R e d w i n t e r . . ..........
W h ite .........................
O a ts —M ix ed , p e r b u .
W h ite .........................
N o. 2 m ix e d ............
N o. 2 w h ite ..............

c.
56 ®
6. %®
54 ®
55 ®
31 ®
36 ®
33% ®
38 ®

0.
71
61%
62
63
35
41%
34%
39

C o rn , p e r b u s h —
W est’n m i x e d . . . . . .
N o. 2 m ix e d ..........
W e s te rn y e llo w ...
W e s te rn W h ite ___
R ye—
W e s te rn , p e r b u s h .
S ta te a n d J e r s e y ..
B a r le y —N o.2 W est’n
S ta te 2 -ro w e d ........
S ta te 6 - r o w e d . .. ..

c.
48 ®
52% ®
50 ®
50 ®

51 ®
.... ®
62 ®
___ ®
.... ®
tW ~ F o r other tables u su ally Riven here see page 1090.

THE

0.
57
53%
56
56
56
63
....

DRY GOODS TR AD E.

1894.
S to c k o f P r in t O loths—
Dec. 15.
A t P ro v id e n c e , 6 4 s q u a r e s .................... 4 0 ,0 0 0
A t F a ll R iv e r, 64 s q u a r e s ..................... 3 3 .0 0 0
A t F a ll R iv e r, o d d s i z e s . . . ..........

1893.
Dec. 16.
1 3 2 ,0 0 0
1 0 9 ,0 0 0 )

12 ,0 0 0 5

T o t a l s to c k ( p ie c e s ) .......... .. . . . . 1 5 7 .0 0 0
2 5 3 ,0 0 0
W o o l e n G o o d s . —There has been little in the way

1892.
D ec. 17.
N one.
5 ,0 0 0
5 ,0 0 0

of fresh
development in this department. Agents are still shy of
opening new lines of heavy weights for the fall of next year
in trouserings and suitings. A few staple varieties have been
shown with fair results, but the majority are evidently hold­
ing off until after the end of the year.
In spring weights
re-orders are still moderate and mainly confined, as before, to
the plain staple lines and medium and low-priced cheviots
and fancies, only an occasional high-priced grade reporting a
supplementary business of any account. Heavy weights for
immediate use in black and blue cheviots and other staples in
fair request. Low-grade overcoatings shown in new heavy
weights have had a moderate call at about previous season’s
prices. There is no present demand for cloakings and satin­
ets; cotton-warp cassimeres, and other cotton-mixed varieties
are inactive. Flannels are slow and blankets quiet. Woolen
and worsted dress goods in fair reorder demand in low-priced
soft-wool fancies, figured lustrous goods, crepons and staple
varieties.
F o r e i g n D r y G o o d s . —The demand for spring lines of
dress goods in cotton, woolen, worsted and silk varieties has
been quiet. Linens are in moderate request. Hosiery, under­
wear and ribbons also quiet, but fairly good demand tor laces.
Seasonable business entirely of an odd-and-end character.

P. M., December 21, 1894.
The great feature of the week, and one of the most im­
portant events of the year, was the auction sale of Bliss,Fabyan
& Co.’s stock of staple cottons on Wednesday, when a little
over 27,000 packages of bleached, brown and colored goods
valued at about $2,000,000 were disposed of. The goods were
all the production of leading Eastern corporations and in­
cluded many popular brands. The sale was well attended and
competition generally brisk, there being apparently a demand
present equal to the absorption of a much greater volume of
merchandise than was sold on the prevailing range of prices.
There was a marked difference between the selliag values of I m p o r ta tio n « a n d W a r e h o u s e W i t h d r a w a l s o f D r y Goods®
The importations and warehouse withdrawals of dry goods
the plain and colored goods; the former were sometimes close
at this port for the week ending December 20, and since
up to market values and only occasionally over 10 per cent January 1, 1894, and for the corresponding periods of last
off; the latter seldom came within 10 per cent and were some­ year are as follows:
times 15 per cent or more below. According to an estimate
made by the sellers the results worked out about as follows:
Fine brown sheetings, 5 per cent off; wide sheetings, T% to
10 per cent off; heavy ticks, 15 per cent off; fancy book fold
ticks, 10 to 12J^ per cent off; sateens, 10 per cent off; corset
jeans, 10 per cent off; denims, 10 per cent off in plain and 15
per cent off in fancies; drills, 5 per cent off; bags, 10 per cent
off, and Otis checks, 7% per cent off. This was
considered, taken all round, as fairly satisfactory un­
der prevailing conditions. The effect on the general
market is not clearly defined yet. It must mean the adjust­
ment of prices in many instances to a lower level than agents
have been holding for, but against this is placed the fact that
a large stock has been distributed, that the trade has now
something like a clear idea of values, and has no longer the
incentive of an indefinite market to hold back the demand for
spring, which has usually assumed considerable proportions
by this time. The 27,000 packages sold at auction can hardly
have whetted this demand, as Bliss, Fabyan & Co. state that
they alone have frequently, between the dates of November 15 and December 31, sold as many as 40,000 to 50,000 pack­
ages of staple goods in the way of regular trade.
D o m e s t i c C o t t o n G o o d s . —The exoorts of cotton goods
from this port for the week ending December 18 were 3,362
packages, valued at *221,309, their destination being to the
points specified in the table below :
N e w Y o r k , F r id a y ,

N ew Y o r k

to

D ec . 18.

G reat Britain........................
Other European.....................
C h in a....... ............................
India.........................................
Arabia...................... ..............
A frica........................................
West Indies........... .............. .
M exico................... .................
Central A m erica....................
South A m erica ................. .
Other Countries......................

1894.
Week. Since Jan . 1.
154
32
102
204

_

730
551
10
219
1,300
60

1893
Week. Since Jan.

5,400
3,168
74,258
7,251
22,137
8,184
17,485
2,192
9,792
58,247
3,612

81
32
920
1
57
664
27
70
666
34

4,769
1,923
37,657
5,541
11,886
6,394
20,045
2,364
4,660
50,850
2,867

Total..................... ............
China, via V ancouver*....

3,362

.. . .

211,726
20,318

2,552

....

148,956
33,566

Total...................................

3,362

232,044

2.552

182,522

* F r o m N e w E n g la n d m i l l p o in ts d ir e c t.




December 22, 1894.]

THE CHKONJLCLE.

1115

it appears, £30,000 of these bonds were placed, and £25,000
were disposed of in Manchester; in Huddersfield, Glasgow
and Bedford, respectively, £20,000 of the alleged securities
terms op subscription .
were sold, and in London the bonds were placed to the
amount of £50,000. The creditors proved debts against the
Commercial and Financial CHRONICLE con­ firm amounting to £120,000.”
tains 4 0 to 6 4 pages, published every week,
State and City Supplement of CHRONICLE con­ - The West Yirginia Debt,—The Commission appointed by
the Virginia Legislature to effect a settlement of the West
tains ISO pages, published periodically.
Virginia debt held its second meeting in Richmond on Tues­
Investors’ Supplement of CHRONICLE (a Cyclo­ day, when a hearing was given to representatives of the West
paedia of Railroad Securities) contains 1 6 0 pages, published
Virginia bondholders. Those representatives complied with
every other month,
the law under which the Commission was appointed by filing
a request from the holders of a majority of the bonds asking
Subscription to CHRONICLE for one year $ 1 0 .0 0 ,
the Commission to undertake negotiations for a settlement with
which includes every issue of both Supplements.
West Virginia. A sub-committee of the commission was ap­
pointed to wait upon the West Virginia Legislature when it
Terms of Advertising—(Per inch space.)
One tim e . . . . . . . . . . . . . . . . . . . . $3 50 I Taree Mouths (13 tim e s)..$25 00 convenes on January 9th.
One Month
(4 tim es).. 11 00 Six Months
(28 tim es).. 43 00
The Virginia Commission ha? no power to make any con­
Two Months
(8 tim es).. 18 00 | Twelve Months (52 tim es).. 58 00
(The above term s for one month and upward are for standing cards. ) tract or bind the State in any way. Its duty is to see what
can be done and report to the next meeting of the General
flie purpose of this State and City Department Assembly.
is to furnish our subscribers with a weekly addition to and
continuation of the State and City Supplement. In other
Bond Proposals and Negotiations.—We have re­
words, with the new facts we shall give, the amplifications served through the week the following notices of bonds
and corrections we shall publish, and the municipal laws we recently negotiated and bonds offered and to he offered for
shall analyze in the “ State and City Department,” we expect sale.
to bring down weekly the information contained in the
Auglaize County, Ohio.—(Chronicle , vol. 59, pages 37 and
State and City Supplement to as near the current date as 42.)—Proposals will be received until December 27, 1894, for
possible. Hence if every Subscriber will note in his Supple ­ the purchase of $50,000 of court-house bonds, the loan to bear
ment on the page designated at the head of each item a interest at the rate of 6 per cent and to become due at the rate
of $3,000 semi-annually from July 1, 1896, to July 1, 1898,
reference to the page where the item in the Chronicle can then at the rate of $5,000 semi-annually from January 1,
be found, he will at all times possess a complete and fresh 1899, to January 1, 1902.
cyclopaedia of information respecting Municipal Debts.
Baber City, Oregon.—(Chronicle, vol. 59, page 804.)—The
citizens of Baker City were to vote oa the question of issuing
$65,000 of water-works bonds at the November election, but
Assessed Yalnation of the State of Maine.—The report it was decided that a bond proposition could be brought up
of the Maine State Assessor for this year was submitted to the only at a special election. City Auditor W illiamH. Packwood
Governor on Wednesday of this week. The total number of writes us that no special election has as yet been ordered.
Ballard, Wash.—(Chronicle, vol. 59, pages 244, 525, 845
polls is given as 178,676, an increase of 11,298 over the figures
935.)—On November 27, 1894, this city sold $43,675 of
reported in 1892. The total assessed valuation is $824,478,821, and
water-works bonds and $6,600 of electric-light bonds to E. H.
an advance of $10,148,140 on the total for 1892. In the table Gay & Co. of Boston at par less a commission of $700 for
below we give the new figures in connection with those for blank bonds, attorneys’ fees, &c. Interest at the rate of 6 per
previous years, taken from our State and City Supplement. cent will be payable semi-annually and the loan will become
,----------------- Assessed V aluation.------------------* State Tax due in twenty-years, both principal and interest to be payable
Tears.
Beal.
Personal.
Total.
per $1,000. at the Chemical National Bank, New York, or at such place
1894.................................
.............
$324,478,321
$2*50
as may be agreed upon. Messrs. Farson, Leach & Co. bid
1892............ $236,135,199
$78,194,982
314,330,181
275
par less 2% per cent commission and Seymour, Bartow & Co.
1891............ 233,895,031
75,201,010
309,096,041
2 75
bid par less $900. A bid of par from S. A. Kean of Chicago
Superior, Wis. — (Chronicle, vol. 59, pages 1027 and was received too late to be considered.
The city of Ballard has no other bonded indebtedness. Its
1070.)—In connection with the facts in regard to Superior’s
assessed valuation for 1894 is $1,005,390 and the estimated
debt and finances, which have recently been published in the population 3,500.
Chronicle, City Comptroller H. E. Ticknor wishes the fol­
Bloomfield, Neb.—(Chronicle, vol. 59, page 1024).—
lowing statement and corrections to appear:
Village Treasurer E . H. Mason writes the Chronicle that
the
water-works bonds recently authorized will not be issued
“ The city of Superior was formed out of the village of Su­
perior by an act of the Legislature of the State of Wisconsin, immediately. Prompt notice will be given in this column as
soon as the time and details of the issue have been decided
chapter 152 of the laws of Wisconsin for the year 1889.”
upon.
As an offset to the indebtedness of Superior the following
Brenham, Tex.—(Chronicle, vol. 59, page 1024.)—P ro ­
amounts are held by the various sinking funds of the city :
posals
will be received until 2 P. M. January 2, 1895, by
G e n e ra l b o n d s s in k in g f u n d ................................................C a s h , $ 3 5 ,6 7 6 20
“
“
“
f ............................................ ... .B o n d s , 4 5 ,8 2 1 5 8 Mayor James A. Wilkins for the purchase of $40,000 of 6 per
S tr e e t b o n d s s in k in g f u n d . . . ............................................... C ash , 1 6 1 ,2 6 2 78
cent water-works bonds. The securities will be dated January
“
“
“
“ ...................... ............ ............. .. .B o n d s , 1 4 ,9 4 9 32
S e w e r b o n d s s in k in g f u n d . . . . . ............................................ C ash ,
6 6 ,8 2 7 46 1,1895, interest will be payable in gold annually on January
“
“
“
“ ....................................................... B o n d s, 2 7 ,0 0 0 0 0
H a r b o r b o n d s s i n k i n g f u n d . .. ..............................................C ash ,
4 ,4 1 0 58 1 in the city of Brenham or in New York City at the option of
“
“
“
“ .....................................................B o n d s,
4 4 0 0 the holder. The principal will be payable in forty years, but
T o ta l s in k in g f u n d s .......... ............................................................. $ 3 5 5 ,9 9 1 92 will be subject to call at the rate of $5,000 every five years
Two issues of street improvement bonds to the amount of from date of issue.
$105,807 13 are called for payment on January 1, 1895. They
The city has no other indebtedness of any kind and its
will be redeemed by the use of the above-mentioned assets, assessed valuation for 1894 is $1,950,800. Assessment is made
but before that time about $ 100,000 will be transferred to the at about 60 per cent of actual value. The State and county
various sinking funds from other departments, so that the net tax rates amount to $7 70 per $1,000 and the city tax proper
debt of the city will remain practically the same after the is $11 50 per $1,000.
first of the year as it is at present.
The new loan described above is advertised elsewhere in this
The called bonds are $98,912 of 6 per cents, due July 1,1896, Department.
and optional after July 1,1894, and $6,895 of 63 due December
Brookfield School District, Mo.—(Chronicle, vol. 59, page
1, 1896, and optional after December 1, 1894. They will be 978)—At an election held on Dec. 11, 1894, to vote on the
paid by the National Bank of the Republic of New York City question of issuing school-house bonds for $7,000, the proposi­
instead of the National Bank of Redemption of Boston, as was tion was carried by a vote of 523 to 161. Toe securities au­
thorized are to bear 6 per cent interest, and the principal will
erroneously reported last week.
mature in from 6 to 20 years at the option of the School Beard. “
The Forged School Bonds.—A dispatch from London
Brooklyn, N. Y.—(Chronicle, vol. 58, pages 565, 891, 744.
dated December 21 to the New York Evening Post reads as 786, 787, 831, 876, 953,1045 and 1118, and vol. 59, pages 84, 200,
follows : “ The first meeting of the creditors of J. T. M. 384, 486, 616, 709, 845, 935 and 1024.)—On December 18, 1894,
City Comptroller Halsey Corwin sold $100,000 of 4 per
Pierce & Co. wa 3 held to-day and proofs were furnished of cent school building bonds maturing January l, 1923, to W.
the sale of bogus Yankton, S. D., school bonds. In Belfast, I. Quintard of New York City at 110-69, and $50,000 of East

S t a t e aw » C ity D e î a h t m e w t .




1116

THE CHRONICLE.

Side Park land grading bonds due January, 1914, were award­
ed to tbe same party at 108 53. Interest on botb issues will
be payable semi-annually on January 1 and July 1 in Brook­
lyn. Nine proposals were received aggregating $1,250,000.
Cincinnati, Ohio.—(Chronicle, vol. 58, pages 1045 and
1118, and vol. 59, pages 163, 239, 571 and 935.)—It is reported
that Cincinnati will issue $100,000 of 4 p r cent 10-15-year de­
ficiency bonds.
Dallas County, Ala.—(Chronicle, vol. 59, page 1024.)—An
official report to the Chronicle from Dallas County contains
the information that although a bill authorizing the issuance
of road bonds to the amount of $50,000 has been introduced
in the State Legislature, it is not probable that the measure
will be carried through, as a majority of the county’s Finance
Committee are of the opinion that a sufficient sum can be
raised by direct taxation to do all the necessary work.
Elizabeth, N. J.—(Chronicle, vol. 59, pages 125,164,1024
and 1069.)—Mayor John C. Rankin, Jr., writes the Chronicle
that bids have not been asked for on Elizabeth school bonds,
as has been erroneously reported. The Mayor says that $50,000 of 4 or. 5 per cent school bonds may possibly be issued
within the next two months, but if so that they will undoubt­
edly be taken by the banks and other investors of Elizabeth.
Forestville, N. T.—Water-works bonds to the amount of
$18,000 will soon be issued.
Hutchinson, Kans.—(Chronicle, vol. 59, pages 1024 and
1061.—Proposals will be received at any time by Hon. Frank
Vincent, Mayor, for the purchase of $9,000 of 5 per cent 20year refunding bonds. The securities will be dated when
sale is accomplished and interest will be payable semi-annu­
ally on June 1 and December 1 at the Kansas Fiscal Agency
in New York City.
Ilwaco, Wash.—Town Treasurer B. Wise reports to the
Chronicle that a proposition to bond the town for water­
works is under consideration.
Kansas City, Mo.—(Chronicle, vol. 58, pages 744, 954 and
1046, and vol. 59, pages 302, 889 and 935.)—The sale of $3,000,000 of Kansas City water bonds to Messrs. Blair & Co., re­
cently reported, has been cancelled. The bonds were pur­
chased by the firm subject to the approval of counsel as to
legality. The opinion given was adverse, and hence the sale
was cancelled. The issue of bonds, it is said, exceeds the
statutory limit as to indebtedness, and the questions involved
must be decided by the Supreme Court of the State.
Lancaster, Pa.—The Council is considering an ordinance
providing for the issuance of $170,000 of bonds.
La Porte, Ind.—It is reported that this city has sold $30,000
of school bonds at 104’52%.
Lee County, Iowa.—(Chronicle, vol. 59, page 1024.)—Hon.
J. F. Daugherty, chairman of the Lee County Board of
Supervisors, reports to the Chronicle that on December 13th
$660,000 of 4l% per cent refunding bonds were awarded to
Messrs. B. L. and George D. Cook of Chicago on their bid of
100’5. The securities will mature in twenty years, with option
of call after five years. Interest will be payable semi-annually
on the first days of April and October in New York City.
Four per cent bonds were at first offered, but bids on these
werej all rejected as none met the requirements of the law,
which stipulates that county bonds shall not be sold for less
than par, with an allowance of 2 per cent commission to de­
fray expenses of placing the securities. The bidders were
then asked to submit proposals for the loan at a higher rate of
interest. Three offers were made for 5 per cent bonds, the
total premiums beiDg as follows: $6,800, $12,100 and $13,000.
At
per cent the bids ranged from l -45 per cent commission
to X
A Per cent premium and printing the bonds, the latter
being the successful offer.
Previous to the late war Lee County had an indebtedness of
$1,000,000 which had been contracted for railroad subsidies.
The debt was declared valid by the United States Supreme
Court and was compromised by the issuance of $865,500 of 25year 6 per cent bonds. Of these securities about $660,000
maturing March 1,1895, remain unpaid and are to be refunded
by the new issue. The assessed valuation of Lee County is re­
ported by Chairman Daugherty as $10,000,000 and the real
valuation as over $30,000^000. The county has no other in­
debtedness than that described above and its present popula­
tion is about 40,000.
Lewiston, 111.—School bonds to the amount of $15,000 have
been voted.
Lodi, W is.-(Chronicle, vol. 59, pages, 440, 487 and 805.)
—On December 15, 1894, S. H. Wat3on, Village Clerk, sold
$12,000 of 5 per cent water-works bonds to the Bank of Lodi
for a premium of 2)^ per cent, or $12,300. The securities will
be dated January 1, 1895. Interest will be payable annually
on January 15 and the principal will mature at the rate of $600
yearly, beginning one year from the date of issue. Ten other
bids were received from the following parties : State Bank,
Madison, Wis.; W. T. Kelsey, Baraboo, Wis.; F. A. Headson
Co., Wausaw, Wis.; First Nat. Bank, Portage, Wis.; S. A
Kean; Dietz, Dennison & Prior; N. W. Harris & Co.; Mason,
. Lewis & Co.; Farson, Leach & Co,, and W. J. Hayes & Co.
' The village has at present no indebtedness and its assessed
valuation is $351,159. The population, according to local
estimate, is 1,000.
Long Lake, N. Y.—Road bonds to the amount of $23,000
have been voted.




IVOL. LIX.

Madisonville, Ohio.—(C h r o n i c l e , vol. 53. pages 915, 1003
and 1119, and vol. 59, pages 6t7 and 978.)—Proposals will be
received until January 5, 1895, by Bennett Carter, Village
Clerk, for the purchase of $5,983 50 of 6 per cent street im­
provement bonds. The securities will be dated Dacem'oer 31,
1894, interest will be payable annually at the German Natiiaal
Bank, of Cincinnati, and the principal will mature at the rate
of $598 35 yearly in from one to ten years.
Marlborough, Mass.—(Chronicle, vol. 58, pages 744 and
1003, and vol. 59, page3 344 and 437.)—This city will borrow
$50,000 to meet current expenses.
Milford, Conn.—(C h r o n i c l e , vol. 59, page 978.—Pro­
posals will be received until 7 P. M. December 27, 1894, by
Stanford Hawkins, Town Treasurer, for the purchase of $29,900 of 4 per cent Milford, Conn., bonds. The securities will
be dated January 1, 1895. Interest will be payable semi­
annually on January 1 and July 1 at the office of the Town
Treasurer and the principal will mature Jan. 1, 1915. The
bonds are issued to redeem outstanding notes to the amount
of $17,000, bonds to the amount of $9,600, and to provide
$3,300 for extra appropriation during 1895. They will be in
denominations of $300, $500 and $1,000 each.
The total indebtedness of Milford, including this issue and
ail interest payable January 1,1895, is $63,893 83. The assessed
valuation of real and personal property for 1893 was $1,357,983. The assessment for 1894 has not yet been completed.
Actual valuation of property is estimated at $1,810,644. The
population, according to the Census of 1890, was 3,811.
The Town Treasurer’s advertisement will he found elsewhere
in this Department.
Miller’s Falls, Mass.—This municipality has petitioned for
authority to issue $20,000 of bonds for water-works.
Milwaukee, Wis.—(C h r o n i c l e , vol. 58, pages 877, 916,
1003, 1046 and 1083, and vol. 59, pages 84, 126, 664 and 936.)—
is reported that this city will soon issue $100,000 of water­
works bonds. The loans will bear interest at the rate of 5 per
cent and become due at the rate of $5,000 yearly from July 1,
1895, to July 1, 1914.
Monroe County, N. Y.—(C h r o n i c l e , vol. 59, pages 84,164,
and 1024.)—Bids will be received until January 3, 1895, by J.
B. Hamilton, County Treasurer, for the purchase of 3% per
cent court house bonds to the amount of $300,000. The secur­
ities will be dated February 1, 1895, interest will be payable
semi-annually at the office of the County Treasurer in Roch­
ester or at the American Exchange National Bank of New
York City, at the option of the purchaser. The principal of
the loan will mature at the rate of $50,000 annually on Febru­
ary 1st, from 1908 to 1913 both inclusive. A special tax is pro­
vided for to pay the interest and principal as the same shall
become due*
Further particulars regarding the issuance and sale of the
securities will he found in an advertisement elsewhere in this
Department.
Monroe County, Wis.—(C h r o n i c l e , vol. 59, page 1025). —
The $50,000 of court-house bonds recently voted by this
county will be issued in denominations of $500, interest at the
rate of 5 per cent will be payable annually and the principal
will mature $5,000 yearly from March 1, 1896, until March 1,
1905. The securities will be offered for sale by the County
Treasurer on July 1,1895. A special tax levy is provided for
the payment of both principal and interest of the loan at
maturity.
Monrovia* Cal.—(C h r o n i c l e , vol. 59, page 38.)—It is re­
ported that Monrovia has sold $30,-000 of school bonds to Far­
son, Leach & Co. at 101
Mount Carmel, Pa.—Four per cent school bonds to tho
amount of $7,500 will scon be issued.
Mount Pulaski, 111.—Water-works bonds of this city to
the amount of $9,000 have been voted.
New Whatcom, Wash.—(C h r o n i c l e , vol. 59, page 713.)—
Bonds of this city to the amount of $15,000 will probably be
issued for electric-light purposes.
Norfolk, Va.—(Chronicle, vol. 59, page 936.)—City
Treasurer W. W. Hunter will receive proposals until 12 M.
January 5, 1895, for $100,000 of Norfolk City bonds. The
securities will bear 5 per cent interest, payable semi-annually
on May 1 and November 1, and the principal will mature No­
vember 1, 1924.
An advertisement elsewhere in this Department gives full
particulars in regard to the requirements of the sale.
Oconomowoc, Wis.—An election will probably be held soon
to vote on issuing bonds for a system of sewers.
Opelika, Ala.—It is reported that this municipality will
ask for authority to issue $25,000 of sewer bonds.

1117

THE CHRONICLE.

December 22, 1894.J

Pittston, Pa.—(Chronicle, vol. 58, pages 94, 9)6, and Y. 59,
ST A T E AND CITY D EBT CHANGES.
3 9 ,) _ it is reported that Pittston will issue $3,000 of bonds,
We subjoin reports as to municipal debts received since the
the loan to bear interest at the rate of
per cent and to run
last publication of our State and City Supplement
10 years.
Piqua, O hio.— (Chronicle, vol. 58, page 1047.)—Proposals Some of these reports are wholly new and others cover items
will be received until January 7, 1895, for the purchase of of information additional to those given in the Supplement,
$50,000 of 5 per cent sewer bonds. The securities will be
dated January 1, 1895, and will mature at the rate of $5,000 and of interest to investors.
yearly from January 1, 1898, to January 1, 1905, both prin­
Meriden, Conn.—Amos Ives, Mayor. The data given in
cipal and interest to be payable at the Importers’ & Traders’ the following statement have been taken from a report to the
National Bank, New York.
pleasant Ridge, Ohio.—(Chronicle, vol. 59, pages 244, 488 C h r o n i c l e from Herman Hess, City Clerk. The assessment
and 891.)—Proposals will be received until January 15, 1895. list for 1894 will not be completed until December 31. The
by Robert T. Hutton, village clerk, for the purchase of $381 43 city’s tax rate per one thousand dollars for 1894 is $12 50 ;
of 6 per cent cement sidewalk bonds. The securities « ill be town tax, $7 50.
dated December 6, 1894, and will become due in equal instal­
The town and city of Meriden are in New Haven County.
ments in from one to ten years.
LO A N S,— In te r e s t.— .
,------------P r in c ip a l.---------- .
Port Huron, Mich.—(Chronicle, vol. 59, pages 751 and NAME AND PURPOSE.
R a te. P a y a b le .
W h e n D u e. O u tsta n d 'g .
C
i
t
y
o
f
M
e
r
i
d
e
n
B
o
n
d
s
—
g06 )_ Water-works bonds of Port Huron to the amount of
C ity im p ro v e ’t b o n d s . 1 8 7 6 6
J & J |
0 0 0 y e a r ly ^ £ $ 5 0 ,0 0 0
$8,000 will be issued.
Reno, Nev.—(Chronicle, vol. 59, page 891.)—The citizens S e w e r b o n d s ................. 1 8 9 3 4 M & N M a y 1 ,1 9 0 0 to ’13 * $ 1 3 5 ,0 0 0
$
1
0
,0
0
0
d
u
e
y
’rly
.
f
o
r
13
y
rs ., $ 5 ,0 0 0 in 1 4 y rs.
of Reno will vote to-day on issuing $10,000 of school bonds.
W a te r b o n d s ................,1 8 8 9 3*2 J & D
J u n e 1, 1 8 9 5
1 2 0 ,0 0 0
$
2
0
,0
0
0
d
u
e
y
e
a
r
ly
to
J
u
n
e
1,
1900
Seneca, Kan.—(Chronicle, vol. 59, pages 891, 937 and 979.)
do
................. 1 8 9 3 4
M & N M ay 1 ,1 9 0 1 to ’l l
2 1 0 ,0 0 0
—On Dec. 10, 1894, the City Council sold $30,000 6 per cent
$ 2 0 ,0 0 0 d u e y ’rly f o r 1 0 y rs ., $ 1 0 ,0 0 0 in 11 y rs .
T o w n o f M e r id e n B o nd s—
water works bonds to Messrs. Spitzer & Co. of Toledo, Ohio,
W
ar
a
n
d
H
ig
h
S
c
h
o
o
l.........6
1 8 9 5 to 1 9 1 2
2 6 0 ,OOP
for $30,385. The securities will be of the denomination of F u n d in g b o n d s ..................... &4 4 L Jj ............
& J
J a n . 1, 1 9 1 2
4 0 ,0 0 0
$1,000 each, and are to mature at the rate of one bond yearly
S u b je c t to c a ll a f te r J a n . 1 ,1 9 0 2
from January 1,1901, to January 1, 1920, and then at the
IN T E R E S T o n th e c ity ’s w a t e r a n d s e w e r b o n d s is p a y a b le a t the
rate of two yearly from January 1,1921, to January 1, 1925. I m p o r te r s ’ & T r a d e r s ’ N a tio n a l B a n k , N ew Y o r k ; o n th e im p r o v e m e n t
Interest will be payable semi-annually, and the principal as b o n d s a t th e F o u r th N a tio n a l B a n k , N e w Y o rk .
it falls due will be paid at the Kansas Fiscal Agency in New
T O T A L D EB T, E t c .—T h e c ity ’s b o n d e d d e b t o n D e c e m b e r 1 ,1 8 9 4 ,
York City. Two other bids were received for the loan. One w a s $ 5 1 5 ,0 0 0 ; flo a tin g d e b t, $ 7 9 ,5 2 5 ; t o t a l d e b t, $ 5 9 4 ,5 2 5 ; c a s h in
from the State Bank of Seneca offering $30,125 and another tr e a s u r y , $ 3 ,9 1 9 ; n e t d e b t, $ 5 9 0 ,6 0 6 . T h e w a te r d e b t (in c lu d e d in
e a b o v e to ta l) w a s $ 3 4 2 ,5 2 5 . T h e to w n ’s t o t a l d e b t D e c e m b e r 1,
from the First National Bank of Niles, Ohio offering $30,100. th
9 4 , w a s $ 3 0 0 ,0 0 0 .
The city’s indebtedness, not including the above-mentioned 1 8ASSESSED
N .—A ss e ss e d v a lu a tio n in 1 8 9 3 w a s $ 1 3 ,issue, is $40,000 ; the assessed valuation, $306,468 ; the estim­ 2 1 0 ,2 4 3 ; t a x r aVtAe L(pUeAr $T1IO
,0 0 0 ), $ 1 2 -00. T h e to w n o f M e rid e n i n 1 8 9 2
ated real valuation, $1,532,341, and the population 2,200.
h a d a g r a n d l i s t o f $ 1 2 ,3 7 4 ,0 2 7 ; t a x ra te , $ 7 -5 0 p e r $ 1 ,0 0 0 .
PU LATIO N . —P o p u la tio n o f M e rid e n C ity i n 1 8 9 0 w a s 2 1 ,6 5 2 ;
Webb City, JHo.—An eljction will be held at Webb City to in PO
1 8 8 0 w a s 1 5 ,5 4 0 . P o p u la tio n o f M e rid e n to w n , in c lu d in g t h e c ity ,
vote on issuing $15,000 of electric-light bonds.
w a s in 1 8 9 0 2 5 ,4 2 3 ; in 1 8 8 0 ,1 8 ,3 4 0 ; i n 1 8 7 0 ,1 0 ,4 9 5 .

NEW LOANS.

NEW LO ANS.

KENTU CKY

W E H A V E PU RCH ASED AND NOW O FFER A T
P A R A S O F J A N U A R Y 1 S T , 1895,

Bond Redemption Notice.
BOND C A L L .
N o tice is h e r e b y g i v e n t o e a c h a n d a ll o f t h e h o l d ­
ers o f B o n d s o f M c C r a c k e n C o u n t y , K e n t u c k y ,
and t o a) 1 w h o m i t m a y c o n c e r n :—
T h a t M c C r a c k e n C o u n ty , K e n t u c k y , h e r e b y c a l ’s
In fo r p a y m e n t a n d d e m a n d s o f t b e h o l d e r , o r h o l d ­
ers, t h a t t h e lo ll o w i n g n u m b e r e d M c C r a c k e n C o u n ty
(K e n tu c k y ) B o n d s , w i t h a li n n p a l d c o u p o n s , b e p r e ­
se n te d f o r p a y m e n t a t t h e T r e a s u r e r ’s o ffic e I n t b e
A m e ric a n -G e rm a n N a t io n a l B a D k , a t P a d u c a h , K e n ­
tucky, o n t h e 3 1 s t d a y o f D e c e m b e r , 1 8 9 4 ; a n d s a id
C ounty h e r e b y t e n d e r s t h e m o n e y i n f u l l o f a ll s a id
B onds a n d C o u p o n s , v i z :
___.
[
B o n d s i s s u e d i n a id o f t h e P a d u c a h a n d E l i z a b e t h ­
tow n R a i lr o a d , a s f o l l o w s :
Tw o H u n d r e d a n d f if ty - o n e b o n d s o f t b e d e n o m ­
in a tio n o f O n e T h o u s a n d D o l l a r s e a c h , a n d n u m ­
b e re d 1 t o 42 I n c lu s iv e , a n d 44 t o 91 in c l u s iv e , a n d 93,
94 a n d 94 t o 252 in c l u s iv e .
T w o H u n d r e d a n d s ix t y - tw o b o n d s o f t h e d e n o m ­
in a tio n o f F i v e H u n d r e d D o l l a r s e a c h , a n d n u m ­
b ered 1 t o 227 in c l u s iv e , a n d 230 t o 264 in c l u s iv e .
F iv e H u n d r e d a n d fiv e b o n d s o f t h e d e n o m i n a ti o n
of o n e h u n d r e d d o l la r s e a c h , a n d n u m b e r e d 23, 25,
38, 85, 87, 96, 1 2 2 ,1 2 4 ,1 2 8 , 132, 133, 1 3 4 ,1 4 2 , 143, 144,
145, a n d 301 t o 390 I n c lu s iv e , a n d 396 t o 636 i n c lu s iv e ,
and 638 t o 795 in c l u s iv e .
T h i r t e e n b o n d s o f t h e d e n o m i n a t i o n o f f if ty d o l­
lars e a c h , a n d n u m b e r e d 4 1 ,4 2 , 52, 56, 69, 59, 60, 67,
, 8 9 ,1 1 6 ,1 1 7 , 118.
A lso B o n d s i s s u e d i n a id o f t h e N e w O r l e a n s &
Ohio R a ilr o a d a s f o l l o w s :
E i g h ty - t h r e e b o n d s o f t h e d e n o m i n a t i o n o f o n e
th o u s a n d d o l la r s e a c h , a n d n u m b e r e d o n e t o 37, I n
elusive, a n d 89 t o 76 i n c lu s iv e , a n d 78 t o 80 in c l u s iv e ,
and 83 t o 87 in c l u s iv e .
E a c h a n d a ll a r e h e r e b y c a ll e d i n f o r r e d e m p ti o n ,
and n o t ic e is h e r e b y g i v e n t h a t s a id b o n d s w ill b e
paid u p o n p r e s e n t a t i o n t o t h e T r e a s u r e r o f M c C r a c k ­
en C o u n ty , K e n t u c k y , a t t h e T r e a s u r e r ’s o ffice I n
th e A m e r i c a n - G e r m a n N a t i o n a l B a n k i n t h e C ity o f
P ad u cah , S ta te o f K e n tu c k y , o n t h e 3 1 st d a y o f
D e c e m b e r, 1894.
N o tic e i s h e r e b y g i v e n , t h a t , a f t e r s a id 3 1 s t d a y o f
D e c e m b e r, 1894, n o i n t e r e s t w ill b e p a i d o n a n y o f
said b o n d s , o r c o u p o n s , w h ic h h a v e n o t b e e n p r e ­
se n te d f o r p a y m e n t o n D e c e m b e r 8 1 s t, 1894.
A nd o n t h a t d a te i n te r e s t s h a ll c e a s e a n d a n y o f
said B o n d s , o r C o u p o n s , w h ic h m a y b e p r e s e n t e d
a fte r D e c e m b e r 3 1 s t, 1894, s h a l l b e p a id w i t h i n t e r e s t
up to a n d in c l u d i n g D e c e m b e r 3 1 s t, 1894, o n ly . A n d
all I s s u e d t o r e f u n d t h e d e b t o f s a id C o u n ty a n d
p a y a b le t o b e a r e r a t t h e C o u n t y T r e a s u r e r ’s o ffic e i n
P ad u cah , K e n tu c k y .
J. L. B ETH SH A R ES,
C o u n ty J u d g e a n d M e m b e r o f F u n d i n g C o m m i t te e .
J . C. F A R L E Y . )
J . C. T U L L Y ,
> F u n d i n g C o m m itte e .
W . H . HOOK,
)
N o v . 28,1894.

68

W . J. Hayes &

Sons,

BANKERS«
Street Railway Bonds and o th e r high grade in

311-313 Superior S t.^ 40-42 Wall St.,
7 E x c h a n g e P la c e ,
New York. ""
B o s to n #
C a b le A d d r e s s , “ K E N N E T H .”




$

300,000

8551,500
Monroe County, N. Y,, Bonds.
Monroe County Treasury,!
City of Richmond, Virginia,
Rochester,
TH IRTY -FO U R y e a r
F o u r P e r C en t R e g is te re d B o n d s.

ISSUED FOR CITY IMPR0YEMENTS.
In te re s t J a n u a r y a n d J u ly .
T o t a l b o n d e d d e b t o f c ity , i n c l u d i n g t h i s i s s u e ,
$7,323,142, o f w h i c h $319,000, b e a r i n g 5 p e r c e n t, w ill
b e p a id o ff o n J a n u a r y 1 s t, 1895.
P r o p e r t y o w n e d b y t h e c ity , a n d n o t in c l u d e d In
t a x a b l e v a lu e , c j n s i s t i n e o f g a s - w o r k s , w a te r - w o r k s ,
p u b lic b u ild in g , p a r k s a n d l a n d s , e s t i m a t e d v a l u e
$5,164,737 26.
T h e g a s a n d w a t e r - w o r k s p a y t h e c it y a h a n d s o m e
in c o m e .
T h e d e b t i s l im it e d b y c h a r t e r t o 18 p e r c e n t o f
a s s e s s e d v a l u e o f R E A L E S T A T E . T a x r a t e $1.40
p e r $100 0 0 .
A s s e s s e d v a l u e R e a l E s t a t e .............. $43,707,258
“
“
P e r s o n a l . . . . . .............. 20,667,784
T o t a l .............................................................$64,875,042
A s in k i n g f u n d o f 1 p e r c e n t p e r a n n u m f o r a ll
b o n d s i s s u e d is r e q u i r e d b y t h e c h a r t e r .
I n s p i t e o f t h e c o n d it i o n s e x i s t i n g a u r i c g a n d a f t e r
t h e w a r, R ic h m o n d h a s n e v e r d e fa u lte d u p o n a n y o f
i t s o b l ig a t io n s , e i t h e r p r in c i p a l o r i n t e r e s t .
D e liv e r ie s w ill b e m a d e t o p u r c h a s e r s , i n s u m s t o
s u i t , u p o n t h e o p e n in g o f t h e t r a n s f e r b o o k s J a n u ­
a r y 2 n d , 1895.
F o r f u r t h e r i n f o r m a t i o n a p p ly t o
M A R Y L A N D T R U ST CO M PAN Y,
B a l ti m o r e .

C L E V E L A N D 3 0 - Y E A R .................................... 4 s
C L E V E L A N D 1 7 - Y E A R S C H O O L ........... 6 s
C H IC A G O 2 0 - Y E A R ...........................................4 s
G A L V E S T O N 2 0 - 4 0 - Y E A R . .........................5 s
M A N C H E S T E R 2 0 - Y E A R ..............................4 s
M I L W A U K E E 1 0 - Y E A R .................
5s
O M A H A 1 8 - Y E A R ..............................
5s
P r ic e a n d d e ta ils on a p p lic a tio n .

N. W. HARRIS & CO.,
BANKERS,

15 W A LL ST R E ET ,

-

NEW Y O R K .

W. N . Coler & Co.,
BANKERS.

Dealers in MUNICIPAL BONDS.

v e s tm e n ts .

N EW LO AN S.

N . Y ., D e c ., 1 9 ,1 8 9 4 . j
S e a le d p r o p o s a l s w ill b e r e c e i v e d u n t i l T h u r s d a y ,
J a n . 8 ,1895, a t 12 o ’c lo c k M ., f o r a ll o r a n y p a r t o f t h e
b o n d s o f M o n r o e C o u n ty , t >b e i s s u e d b y a n d u n d e r
t h e a u t h o r i t y o f C h a p t e r 686, o f t b e la w s o f 1892, a n d
p u r s u a n t t o a r e s o l u t i o n a d o p te d b y t h e B o a r d o f
S u p e r v is o r s o f s a id C o u n t y D e c e m b e r 1 8 th , 1894, a s
f o llo w s :
Resolved, T h a t t h e C o u n t y T r e a s u r e r b e a n d h e i s
h e re b y a u th o r iz e d a n d d ire c te d to is s u e b o n d s o f t h e
C o u n ty o f M o n ro e to t h e a m o u n t o f th r e e h u n d r e d
t h o u s a n d d o l la r s ($300,o co ), w h i c h b o n d s s h a l l b e
d a t e d o n t h e 1 s t d a y o f F e b ., 1895, a n d s h a l l b e p a y ­
a b le a s f o l l o w s : F i f t y t h o u s a n d d o l la r s ($60,000)
F e b . l , 1908; f if ty t h o u s a n d d o l la r s ($50,000) F e b . 1,
1909; f if ty t h o u s a n d d o l la r s ($5),0i)u) F e b . 1 ,1 9 1 0 ;
f if ty t h o u s a n d d o l la r s ($50,00o) F e b . 1, 1 9 11; f if ty
t h o u s a n d d o l la r s ($50,00d) F e b . 1 ,1 9 1 2 ; f if ty t h o u ­
s a n d d o l la r s ($50,000) F e b . 1 ,1 9 1 3 , w i t h i n t e r e s t a t
t h e r a t e o f t h r e e a n d o n e - h a l f (3J^) p e r c e n t p e r a n .
p a y a b le s e m i - a n n u a l ly o n t h e f ir s t d a y s o f F e b . a n d
A u g . i n e a c h y e a r . S a id b o n d s ( a n d c o u p o n s i f a n y ),,
t o b e s ig n e d b y t h e T r e a s u r e r o f t h e C o u n t y o f
M o n ro e , a n d c o u n te r s ig n e d b y t h e C h a i r m a n o f t h e
B o a r d o f S u p e r v is o r s o f s a id C o u n t y a n d t o b e n e g o ­
t ia t e d by t h e C o u n ty T r e a s u r e r, u n d e r t h e d ire c ­
t i o n o f t b e C o m m i t te e o n T r e a s u r e r ’s A c o o u n ts .
A n d be it fu rth e r
Resolved, T h a t t h e C o u n t y o f M o n ro e s h a ll h e r e ­
a f t e r r a i s e a n n u a l l y b y t a x a s u m s u f f ic ie n t t o p a y
t h e i n t e r e s t a c d p r in c i p a l o n s a id b o n d s a s t h e s a m e
s h a l l b e c o m e d u e . A n d i t is f u r t h e r
Resolved, T h a t t h e p r o c e e d s a r i s in g f r o m t h e s a le
o f s a id b o n d s s h a l l b e u s e d f o r t h e p u r p o s e o f p a y ­
in g f o r t h e c o n s tr u c tio n o f t h e n e w C o u rt H o u s e
n o w b e in g b u i l t b y t h e s a id C o u n t y : S a id b o n d s t o
b e iss u e d e ith e r in c o u p o n o r re g is te re d fo rm , a n d
p a y a b le , p r in c i p a l a n d i n t e r e s t , a t t h e o ffice o f t h e
T r e a s u r e r o f M o n ro e C o u n ty o r a t i h e A m e ric a n
E x c h a n g e N a t i o n a l B a n k i n t h e C ity o f N e w Y o r k ,
a t t h e o p t io n o f t h e p u r c h a s e r . B e i t f u r t h e r
Resolved, T h a t t h e b o n d g i v e n b y o u r C o u n ty
T r e a s u r e r i s h e r e b y d e e m e d s u f f ic ie n t s e c u r i t y fo rt b e f a i t h f u l p e r f o r m a n c e o f h i s d u t y i n i s s u i n g s a id
b o n d s a u d t h e l a w f u l a p p li c a ti o n o f t h e f u n d s a r i s ­
in g th e re fro m .
T h e p e rs o n o r p e rs o n s to w h o m t h e b o n d s a re
a w a r d e d w ill b e r e q u i r e d , u p o n n o t i c e o f t h e a c c e p t ­
a n c e o f t h e i r b id , t o d e p o s it w i t h t h e T r e a s u r e r o f
t h i s C o u n ty , a s a f o r f e i t u r e f o r t h e p e r f o r m a n c e o f
t h e i r c o n t r a c t , fiv e p e r c e n t o f t h e a m o u n t o f b o n d s
a w a rd e d to th e m , a n d o n o r b e fo re th e f ir s t d a y o f
F e b r u a r y , 1895 ( w n e n t h e b o n d s w ill b e r e a d y f o r
d e li v e r y ) , t o d e p o s it w i t h t h e s a id T r e a s u r e r t h e
b a la n c e o f s a id bid .
I n t e r e s t a t t h e r a t e o f 3% p e r c e n t p e r a n n u m w ill
b e a b o w e d o n s u c h a d v a n c e s u n t i l F e b . 1 s t, 1895.
A ll p r o p o s a ls s h o u ld b e d i r e c t e d t o t b e T r e a s u r e r
o f t b e C o u b ty o f M o n ro e , R o c h e s t e r , N . Y ., P . O.
B o x 354, a n d e n d o r s e d “ P r o p o s a l s f o r B o n d s .”
J . B . H A M IL T O N ,
T r e a s u r e r o f M o n r o e C o u n ty .

N EW

YORK

CITY

E X E M P T F R O M T A X A T IO N

M UNICIPAL BONDS.
34 NASSAU STREET.

3% BONDS FOR SALE.

B E N W E L L & E V E R IT T ,
6

W ALL

STREET.

THE CHRONICLE.

1118

IVol. LIX,

■ i. i

1 ,1 8 9 4 . D ec. 1 ,1 8 9 3 . D ec. 1,1892.
Worcester, Mass.—(C h r o n i c l e , vol. 59, page3 387, 566 and T o ta l b o n d e d d e b t ................. ....$D 4ec.
,6 3 5 ,0 0 0
$ 4 ,3 2 5 ,0 0 0
$4,265,000
694.)—Henry A. Marsh, Mayor.—This statement has been cor­ S in k in g f u n d s .................................. $ 1 ,8 0 7 ,6 6 4
$ 1 ,5 4 8 ,9 9 8
$1.407,883
rected to December 1, 1894, by means of a special report to
N e t d e b t.........................................$ 2 ,8 2 7 ,3 3 6
$ 2 ,7 7 6 ,0 0 2
$2,8 5 7 0 1 7
the C h r o n i c l e from William S. Barton, City Treasurer. Water &park debt (inc. above) .$ 1 ,8 5 0 ,0 0 0 $ 1 ,8 0 0 ,0 0 0
$1,750,000
T h e c ity h a d n o te m p o r a r y lo a n s o u ts ta n d in g o n D ec. 1 ,1 8 9 4 .
This city is in Worcester County :

LO A N S-

NAME AND PURPOSE. I

-In te r e st.— .
_ P . Ot. P a y a b le

-P r in c ip a l.---------- .
W h e n D ue. O utstand'g.
A p r. 1, 1 905 $200,000
7 5 .0 0 0
A p r. 1, 1 9 0 1
5 0 0 .0 0 0
A p r. 1, 1 9 0 5
5
0 0 .0 0 0
A p r. 1 , 1 905
1 3 5 .0 0 0
A p r. 1, 1 9 0 2
100.000
A p r. 1, 1 903
2 6 0 ,0 0 0
A p r. 1, 1 9 0 4
2 5 0 .0 0 0
A p r. 1, 1 938
100.000
J a n . 1, 1 8 9 9
3 0 .0 0 0
J a n , 1, 1 9 0 0
1 4 0 .0 0 0
A p r. 1, 1 9 0 5
5 5 .0 0 0
J a n . 1, 1 901
6 5 .0 0 0
J a n . 1, 1 9 0 3
7 0 .0 0 0
J a n . 1, 1 9 0 4
1 8 0 .0 0 0
Jan '. 1, 1 905
1 4 5 .0 0 0
J a n . 1, 1 9 0 6
7 5 .0 0 0
J a n . 1, 1 908
7 5 .0 0 0
Jan. 1, 1 9 1 0
8 0 .0 0 0
J a n . 1, 1 9 1 2
100.000
D ec. 1, 1 9 0 6
2 5 0 .0 0 0
A p r. 1, 1 9 1 4
100.000
A p r. 1, 1 915
1 5 0 .0 0 0
A p r. 1, 1918
200.000
A p r. 1, 1 919
3 0 .0 0 0
A p r. 1, 1 9 2 0
7 0 .0 0 0
A p r. 1 , 1 921
1 5 0 .0 0 0
A p r. 1, 1 922
5 0 .0 0 0
A p r. 1, 1 923
5 0 .0 0 0
A p r. 1 , 1 9 2 4
3 0 0 .0 0 0
J u n e 1, 190 5
1 5 0 .0 0 0
J u n e 1, 1 9 0 5

A & O
c ity lo a n (re n ’l ) . .1 8 7 5 5
A & O
1891 4
do
A & o
do (ren e w a l) 1 8 7 5 4
A & o
do (ren e w a l) 1 8 9 2 4
A &o
............... 1 8 9 2 4
do
A & o
............... 1 8 9 3 4
do
A & o
1894 4
do
A & o
p a r k lo a n ..............18 8 9 4
J & J
sew er lo a n . . . . . . . 1879 5
J & J
.1 8 8 0 5
do
do (ren e w a l) 1 8 7 5 4 1a A & o
J
................1 8 8 1 4
do
J
................ 1 8 8 3 4
do
J
................ 1 8 8 4 4
do
J
................ 1 8 8 5 4
do
J, &
................1 8 8 6 4
do
................1 8 8 8 4
do
................ 1 8 9 0 4
do
................ 1 8 9 2 4
do
& D
w a t e r l o a n ............18 7 6 5
& O
................ 1 8 8 4 4
do
&o
................ 1 8 8 5 4
do
&o
..............1 8 8 8 4
do
&o
................ 1 8 8 9 4
do
& o
................ 1 8 9 0 4
do
&o
................ 1 8 9 1 4
do
&
o
4
................
1
8
9
2
do
& o
................ 189 3 4
do
&
o
4
................
1
8
9
4
do
& D
do (ren e w a l) 1 8 9 2 4
&
D
do (ren e w a l) 1 8 8 5 3^2
V
A LU E OF B O N D S .—T h e b o n d s a r e f o r $ 5 0 0 a n d m u ltip le s
VALU

Funded
do
do
do
do
do
do
Funded
Funded
do
do
do
do
do
do
do
do
do
do
Funded
do
do
do
do
do
do
do
do
do
do
do

PAR
PAR
th e re o f.

IN T E R E S T o n m o s t is s u e s is p a y a b le , p r in c ip a lly b y c h e c k , a t th e
M e r c h a n ts ’ N a tio n a l B a n k in B o sto n .
T O T A L D EBT, SIN KIN G FUNDS, ETC.—T h e s u b jo in e d s ta te m e n t
s h o w s W o rc e s te r’s t o t a l fu n d e d d e b t, t h e s in k in g f u n d h e ld b y th e c ity
a g a i n s t t h e s a m e , a n d th e w a t e r d e b t, o n th e f ir s t o f D e c e m b e r, 1 8 9 4 ,
1 8 9 3 a n d 1 8 92.

$ 100,000

PROPOSAL FOR

W ater Bonds of Astoria, Ore.
Office of the water Commission )
O F T H E C IT Y O F
>
Astoria. ( regon, Deo. 4t,h, 1894.)

Sealed proposals, addressed to th e Clerk o f th e
W ater Commission o f th e City o f A storia, Oregon,
will be received a t th is office un til Jan u ary lo th .
1895, a t tw o o’clock p . m ., fo rtw o hun d red thousand
($200,000) dollars of th e bonds of said city, in denom ­
inations of one thousand ($1,000) dollars each, dated
Jan u a ry 1st, 1895, payable th irty (30) years a fte r
date, bearing in te re st a t th e ra te o f five (6) per cent
e r annum , payable on th e first days of Jan u ary and
uly o f each year. Principal and in te re s t a re to be
paid in U. S. gold coin a t New York City, N. Y. Said
bonds a re to be paid fo r and delivered to th e p u r­
chaser on th e following dates an d in th e following
a m o u n ts :
A pril 1st, 1895.......................................$75,00000
Ju ly 1st, 1895.................................... 75,00000
October 1st, 1895................................. 50,00000
T he bidder to pay th e accrued in te re st irom Ja n u ­
ary 1st, 1895. to th e date of delivery, in addition to
th e price bid.
These bonds are to be issued u n d er a u th o rity of
an act of th e Legisluttve A ssem blyof th e S tate of
Oregon, passed Feb. 18th, 1891. T he proceeds are to
be used fo r th e construction o f water-works, and
will be delivered w ith coupons attached fo r in terest
- from Jan u a ry 1st, l>-95.
T he successful bidder will be required to deposit
w ithin forty-eight (4*) hours a fte r th e aw ard of th e
contract an approved certified check for five (5) per
c en t of th e par value of th e bonds, payable a t A s­
toria, Oregon, to th e order of th e Clerk of th e W ater
, Commission of th e City of Astoria, Oregon, as liqui­
dated damages in case th e bidder should fail or neg­
lect to tak e and pay fo r th e bonds according to th e
term s of th e proposal, advertisem ent and contract.
T he W ater Commission reserve th e rig h t to re ject
any or all bids. T he sealed envelopes containing
proposals should be addressed to th e undersigned,
and m arked “ Proposals fo r P urchase of W ater
B onds.”
By order of th e W ater Commission of th e City of
A storia, Oregon.
_ ____
H . G. VAN DUSEN,
Clerk of th e W ater Commission.

J

FIN A N CIA L.

N EW LOANS.

N EW LOANS.

$ 200,000

T h e s in k in g f u n d re c e iv e s y e a r ly a s u m su ffic ie n t w ith a ccum ulations
o f in te r e s t o n s in k in g fu n d in v e s tm e n ts to r e tir e e n tir e d e b t a t m atu r.
ity . I n 1 8 9 4 $ 1 3 6 ,7 0 0 w a s p a id in to s in k in g fu n d s o th e r th a n the
w a te r b o n d s s in k in g f u n d ; in 1 8 9 3 , $ 1 1 5 ,9 0 0 ; i n 1 8 9 2 , $ 1 1 3 ,1 0 0 ; in
1 8 9 1 , $ 9 3 ,4 0 0 .
C IT Y P R O P E R T Y .—T h e c ity o w n e d p r o p e r ty in 1 8 9 3 v a lu e d at
$ 5 ,3 5 9 ,9 0 1 , in c lu d in g w a te r w o rk s c o s tin g $ 2 ,5 4 0 ,3 0 1 . R e c e ip ts from
w a te r a s s e s s m e n ts in y e a r 1 8 9 3 -9 4 w e re $ 1 8 5 ,9 4 0 0 2 ; m ain ten an ce,
$ 7 •',637 4 7 ; in te r e s t o n w a t e r lo a n s , $ 6 2 ,7 5 0 ; p a id to s in k in g fund
$ 5 7 ,8 3 1 1 7 .
D E B T LIM ITATIO N .—A n e x c e p tio n in th e c a s e o f W o rc este r to
g e n e r a l S ta te la w lim itin g m u n ic ip a l in d e b te d n e s s is fo u n d in the
S u p p le m e n t to th e P u b lic S ta tu te s , L a w s o f 1 888, C h a p te r 144. The
o b je c t o f th e la w w a s to a u th o riz e a lo a n f o r th e p u rp o s e s o f Public
P a rk s . T h e lo a n w a s c a lle d th e W o rc e s te r P a r k L o a n , a n d th e am ount
o f th e is s u e w a s fix e d a t n o t to e x c e e d $ 2 5 0 ,0 0 0 . T h e S ta tu te provided
t h a t th is lo a n sh o u ld n o t b e in c lu d e d w ith in th e d e b t lim it fix e d b y law.
A SSESSED VA LU A TIO N .—T h e c ity ’s a s s e s s e d v a lu a tio n a n d tax
r a t e h a v e b e e n a s fo llo w s, r e a l e s ta te b e in g ta k e n a t “ i ts fu ll a n d fair
c a s h v a lu e ” :
P e rso n a l
B a te o f Taz
P ro p e rty .
T ears.
B e a l E state.
Total, p e r $1,000.
$ 1 6 ,0 4 1 ,0 0 0
1 8 9 4 .........................$ 6 9 ,2 5 9 ,6 0 0
$ 8 5 ,3 0 0 .6 0 0
$15-20
1 7 ,2 5 7 ,8 0 5
8 4 ,1 0 1 ,0 0 5
15-00
1 8 9 3 ..
. . . ..... 6 6 ,8 4 3 ,2 0 0
1 6 ,8 8 7 ,6 0 2
8 1 ,0 4 0 ,8 0 2
14-60
1 8 9 2 ....................... 6 4 ,1 5 3 ,2 0 0
1 6 ,6 9 3 ,6 0 8
1 891 ..................... 6 0 ,9 4 2 ,3 0 0
7 7 ,6 3 5 ,9 0 8
14-60
1 5 ,6 3 3 ,0 1 0
7 3 ,4 5 2 ,2 6 6
1560
1 8 9 0 ..
. . . ..... 5 7 ,8 1 9 ,2 5 0
1 3 ,7 4 7 ,3 0 0
1 8 8 9 ....................... 5 4 ,4 0 6 ,7 5 0
6 8 ,1 5 4 ,9 5 0
16-00
1 4 ,1 6 4 ,2 8 6
6 4 ,5 0 2 ,6 3 6
16-00
1 8 8 8 ....................... 5 0 ,3 3 8 ,3 5 0
4 8 ,5 7 0 ,3 3 5
17-20
1 8 8 3 . . . . . ....... - ..............................
I n 1894 t a x r a t e in c lu d e s : S ta te t a x , $ 0 -5 7 ; c o u n ty t a x , $ 0 -6 3 ; city
$ 1 4 -0 0 ; to ta l, $15*20.
A v e ra g e a s s e s s e d v a lu a tio n f o r t h r e e y e a r s , 1 8 9 1 to 1 8 9 3 inclusive,
w a s $ 8 0 ,9 2 5 ,9 0 5 .
*
P O P U L A T IO N .—P o p u la tio n in 1 8 9 0 w a s 8 4 ,6 5 5 ; i n 188 0 was
5 8 ,2 9 1 ; in 1 8 7 0 w a s 4 1 ,1 0 5 . A c c o rd in g to lo c a l a u th o r ity th e present
p o p u la tio n is o v e r 9 5 ,0 0 0 .

C ity o f N o r f o l k , V a ., 3 0 - Y e a r 5 P e r C e n t
C oupon B onds o f $ 5 0 0 E ach.
D n e N o v e m b er 1 s t, 1 9 2 4 .
In te r e s t p a y a b le M ay 1 a n d N ov. 1.
Bids fo r above-described bonds will be received a t
th e office of th e City T reasurer of Norfolk, Va.,
u n til 12 o ’clock M., Jan u a ry 5th, 1895, Bids m ay be
fo r th e whole or p a rt of tn e said bonds and m u st
s ta te price and accrued in te re st. P aym ents fo r th e
purcDase of said bonds to be m ade in C e r t i f i e d
C h e c k , payable to th e order of th e City T reasurer
on any of th e city depositaries, to wit: M arine Bank,
Citizens’ Bank, B ank of Commerce, Norfolk N ational
Bank or City N ational Bank. T he rig h t to re je c t
any or all bids is reserved by th e t inance Committee.
L. SHELDON,
C hairm an F inance Com. Common Council.
McD. L. W R E N N ,' I
C hairm an F inance Com. Select Council.

BONDS FO R S A L E .
T he City of B r e n h a m , T e x a s , w ill sell $40,000
of 6 per c en t Gold W ater-w orks Bonds, payable In
New York, and m aturing fo rty years a fte r date,
reserving th e rig h t to ta k e up $5,000 every five
years, In te re s t payable annually.
Sealed bios w ill be received and opened a t a
o’clock P. M., Jan u a ry 2d, 1895. No bids a t less th a n
p ar will be considered. F o r fu r th e r inform ation
aPPly t0

JAM ES A. W ILKINS,
M ayor of B renham .

MUNICIPAL

BONDS

FOE INVESTMENT.
P A R T IC U L A R S

U P O N A P P L IC A T IO N .

MEMBERS OF T H E NEW YORK AND BOSTON
STOCK EXCHANGES.
D EALERS IN COMMERCIAL PA PE R .

Blake Brothers & Co.,
28
5

STA TE
N A SSA U

S T R E E T , BO STO N .
S T ., N E W

YORK.

Town of Milford, State of Connecticut,

8 2 9 ,9 0 0
2 0 -Y e a r 4 P e r C e n t B o n d s.
Is s u e J a n u a r y 1 s t, 1 8 9 5 .

CITY BONDS.

I n t e r e s t P a y a b le S e m i-A n n u a lly .
Sealed bids fo r e n tire issue will be received till
7 P . M. Dec. 27th, 1894, a t th e office of

WE BUY A N D SELL.

SA N FO R D H A W K IN S ,
T reasurer,

VTTANTED—An experienced
BONDS.
Farson, Leach & Co.,
Bond Buyer is open for City of Pittsburg, Pa.
of Brooklyn, N. T.
an engagement the first of the City
No. 2 W A LL ST.,
N E W YORK.
City of Denver, Col.
City of Pneblo, Col.
year with a house or institution
City of Davenport, Iowa.
City of Superior, MSis.
dealing in Municipal Bonds.
City of Anderson, Ind
4% S C H O O L BONDS
Address, 315,
City of Youngstown, Ohio.
FO R SA LE.
Price, description an d full lis t o f o th e r Securities
Care of William B. Dana Co. on application.
F o r P a rticu la rs A ddress,
QUEENS COUNTY B A N K ,
C . H. W H ITE & CO .,




72

BROADW AY,

-

-

NEW Y O R K .

L o n g I s l a n d C lty .Y . N.

1119

THE CHRONICLE,

D e c e m b e r 22, 1894,]

Bristol, Va.—J. Hi Winsten, Jr., Mayor. The data given
l a Platt© County, Colo.—(State and City Supplement,
page 188.)—The following statement of La Plata County in the following statement concerning the finances of the
finances has been corrected to date by means of a special re­ City of Bristol have been furnished to us by J. L. C. Smith,
port to the Chronicle from John F. Bell, County Treasurer. Treasurer.
Bristol is in Washington County.
County seat is Durango. The payment of $30,491 of bonds
LOANS—
W hen Due. W a te r d e b t (in c lu d e d )___ $ 3 4 ,5 0 0
originally issued by La Platte County has been assumed by
F lo a tin g d e b t a b o u t........
1 ,0 0 0
G en era l I m prov em ent1 2 1 ,5 0 0
68, M&N, $ 5 0 , 0 0 0 . . . . . . ............ 192 1 T o ta l d e b t ..................
Montezuma County, which was organized in 1889.

LOANS—

W hen Due. T o ta l d e b t D e c. 1 , 1 8 9 4 . $ 1 5 6 ,1 7 1

Co u r t H o u s e B o n d s —

«8. J & J , $ 1 8 , 6 0 0 .. .. D e c. 3 0 ,1 9 1 1
S u b je c t t o c a ll D eo. 3 0 ,1 9 0 1
8s. M&S, $ 1 1 ,4 0 0 -----D ec. 3 0 ,1 9 1 1
S u b je c t to c a ll D ec. 3 0 ,1 9 0 1
F u n d in g B o n d s -

68, J & J , $ 8 5 , 1 7 1 .. .. A p r. 6 ,1 9 0 8
road

and

T a x v a lu a tio n 1 8 9 4 — $ 2 ,0 7 8 ,5 7 8
S ta te , c o u n ty a n d s c h o o l t a x
p e r $ 1 ,0 0 0 .......................... -i.........$ 5 2
T a x v a lu a tio n 1 8 9 2 ..........2 ,3 0 1 ,7 9 8
A ss e s s m e n t a b o u t *3 a c t u a l v a lu e .
P o p u la tio n ’9 4 (lo c a l e s t . ) .. .5 ,3 0 0
P o p u la tio n in 1 8 9 0 w a s .......... 5 ,5 0 9

B r id g e B o n d s -

88, A p r., $ 1 9 ,3 5 7 .... A p r. 1 ,1 9 0 3
INTEREST o n th e fu n d in g b o n d s is

p a y a b le a t t h e office o f K o u n tz e
B ros., N e w Y o rk , a n d i n D u r a n g o ; o n th e c o u r t h o u s e b o n d s a t t h e
C hem ical N a tio n a l B a n k , N e w Y o rk , a n d in D u r a n g o ; o n th e r o a d a n d
bridge b o n d s i n te r e s t is p a y a b le i n D u ra n g o o n ly .

S in k in g f u n d s .....................
1 0 ,0 0 0
N e t d e b t N ov. 15, 1 8 9 4 .. 1 1 1 ,5 0 0
T a x v a lu a tio n , r e a l ..........1 ,3 9 7 ,2 3 2
T a x v a lu a tio n , p e rs o n a l. 1 3 1 ,2 6 8
T o ta l v a lu a tio n 1 8 9 4 ........ 1 ,5 2 8 ,5 0 0
W a ter W o rk s:
6 s, J & J , $ 3 4 ,5 0 0 ..........................1 9 2 3 A s s e s s m e n t a b o u t *3 a c tu a l v a lu e .
T o ta l t a x p e r $ 1 ,0 0 0 .............. $16*50
S u b je c t to c all.
B o n d ’d d e b t N o v . 15, ’9 4 .$ 1 2 0 ,5 0 0 P o p u la tio n i n 1 8 9 0 w a s ..........2 ,9 0 2
INTEREST o n t h e p u r c h a s e of r e a l e s ta te b o n d s i s p a y a b le a t B ris ­
to l, V a.; o n t h e w a te r -w o rk s b o n d s a t L y n c h b u rg , V a .; on t h e g e n e r a l
im p r o v e m e n t b o n d s a t N e w V o rk C ity .

6 s , M &N,

2 0 ,0 0 0 ........................1 9 2 2

P u rc h a se o p R e a l E state-

68, J & J j $ 1 5 ,0 0 0 ........................... 1 8 9 8
S u b je c t to c a ll.

Montgomery County, Tenn.— A special report to the C h r o n "
from C. W. Tyler. Auditor, gives the following statis­
Osage County, Kan.—This statement regarding the finances tics regarding this county’s finances on. November 15, 1894,
of Osage County has been corrected to Nov. 20,1894, by means The Auditor also states that the entire debt of the county will
be paid by July 1,1895. County seat is Clarksville.
of a report from E. C. Murphy, City Clerk.
LOANS—
W hen Due. T o ta l d e b t N ov. 1 5 , 1 8 9 4 .$ 3 6 ,0 0 0
County seat is Lyndon.
T a x v a lu a tio n 1 8 9 4 ___$ 6 ,2 1 0 ,3 4 4
R a il r o a d B o n d s W hen Due. Tax valuation, real...... $2,445,779

LOANS_

AT T o p . & H. F e R K —
T a x v a lu a tio n , p e r s o n ’l
6 8 9 ,2 9 1
7s J & J , $ 1 5 0 ,0 0 0 ....S e p t. 1 , 18Q9 T o ta l v a lu a tio n 1 8 9 4 . .. 3 ,1 3 5 ,0 7 0
L a u r . & Ca r b . B i t —
A s s e s s m e n t is a b t. *4 a c t u a l v a lu e .
7s. J & J , $ 5 0 ,0 0 0 ........J u l y 1 , 1 9 0 2 S ta te t a x (p e r $ 1 ,0 0 0 )..............$ 5 '1 0
T otal d e b t N o v . 2 0 , 1 8 9 4 .$ 2 0 0 ,0 0 0 C o u n ty t a x (p e r $ 1 , 0 0 0 ) .. .. .. 6-00
Sinkin g f u n d ....................... 2 5 ,5 9 0 P o p u la tio n i n 1 8 9 0 w a s ........2 5 ,0 6 2
N et d e b t N o v . 2 0 , 1 8 9 4 .. . 1 7 4 ,4 1 0 P o p u la tio n i n 1 8 8 0 w a s ...... 1 9 ,6 4 2
INTEREST is p a y a b le a t F is c a l A g e n c y i n N e w Y o rk .

Gallatin County, Mont.—The data given in this statement
have been taken from the report of B. E. Vaill, county clerk.
County seat is Bozeman.
B onded d e b t M ar. 1 , ’9 4 ..$ 9 5 ,0 0 0
F lo a tin g d e b t .....................
1 6 ,1 0 8
T otal d e b t............................. 1 1 1 ,1 0 8
Sinking f u n d s .....................
1 5 ,4 4 1

N e t d e b t M a rc h 1 , 1 8 9 4 .
9 5 ,6 6 7
T a x v a lu a tio n 1 8 9 3 .....6 ,3 4 8 ,3 0 1
P o p u la tio n in 1 8 9 0 w a s . . . . . . 6 , 2 4 6
P o p u la tio n i n 1 8 8 0 w a s . . . . . . 3 , 6 4 3

German-American
Investment Co.,
5 3 W A L L S T ., N E W Y O R K .
'G round Floor, opposite Custom House.)

Grade Municipal Bonds

for investment by Savings Banks
and Trustees. Descriptive circular
sent upon application.

Rudoloh Kleybolte & Co.,
Investment Bankers,
3 0 W e st T h ir d S tr e e t,

68, J & J , $ 3 6 ,0 0 0 ..........J u l y 1 ,1 8 9 8
S u b je c t to c all.
I n t e r e s t is p a y a b le a t C la rk s v ille .

C in cin n a ti, O h io.

Choice Investment Bonds of Cities,

LOANS-

J & J , $ 1 4 ,5 0 0 ..........J a n .
J& J,
1 ,0 0 0 .......J u l y
J& J,
1 2 ,0 0 0 .......J u l y
J& J,
1 7 ,5 0 0 ....... J a n .
J& J,
2 3 ,5 0 0 ....... J a n .
J& J,
2 0 ,0 0 0 .......J u l y

Title Guarantee & Trust
Company
OF C H I C A G O ,
9 3 . » 4 & 9 6 W A SH IN G T O N (S T R E E T .
C a p ita l, p a id -u p ...................... ..9 1 ,6 9 0 ,0 9 0
U n d ivided ea rn in g s, In clu d in g
su r p lu s..................... ......... ......... .
9 3 9 ,0 0 0
D sp o sltsd w it h S ta te A u d ito r. •
9 0 0 ,0 6 0
GUARANTEES TITLES TO BEAL ESTATE.
M A K E S ABSTRACTS OF TITLE.
O ilers In v e sto r s In r e a l e s ta t e o eeu rltles
protection afforded b y n o e th e r sy stem of
doing h n eln eee.
Is authorised by law to act as Registrar of Stocks
and Bonds, Executor, Receiver and Trustee for
Estates, Syndicates, Individuals and Corporations.
Trust moneys and trust securities kept separate
from the assets of the Company.
C O R R E SPO N D EN C E S O L IC IT E D .
OFFICERS;
GWYNN GARNETT, President.
A. H. SELLERS, Vlee-Presldent,
ARCHIBALD A. STEWART, Secretary.
CHAS. R. LARRABEB, Treasurer.
FRANE H. SELLERS, Trust Officer.
DIRECTORS:
Gwynn Garnett.
Chj*.JLDrsw,
W .D. Kerfoot,
John P. Wilson,
Horace G. Chase,
EdsonKeith,
John G. Shortall,
Geo. M. Rogue.
John DeKoven,
_ _
A. H. Sellers.
Samuel B. Chase,
COUNSEL:
W. C. Goudy,
Jehu P. Wilson,
A. w . Green
A. M. Pence.

LISTS MAIDED UPON APPLICATION.

SUCCES SORS TO

(INOOBPOBATXD)

H E R M A N S C H A FFN E R S CO.

A ND

P A R T IC U L A R S

A P P L IC A T IO N .

Street, Wvkes & Co.,
44 W A LL STREET




-

NEW Y O R K

Loeb

&

Gatzert,

MORTGAGE BANKERS,
135 L A S A L L E S T R E E T , C H IC A G O .

First Mortgages for sale in large and small amounts
netting investors 6,
and 0 per cent, secured by
improved and Income-bearing Chicago city property.
P r in c ip a l an d I n te r e s t p a y a b le In G o ld .
CORRESPONDENCE SOLICITED.
A. o. SLAUGHTER, Member N. Y. Stock Exchange
WM. Y. BAKER, Member Chicago Stook Exchange

A. O. Slaughter & Co.,
BAN KER S,

1 1 5 -1 1 7 LA SA LLE STR E ET.

CHICAGO, ILLS.
C hicago S e c u r itie s B o u g h t a n d S o ld .

Jamieson & Co.,
STOCKS—BONDS,
vfembers New York and Chicago Stock Exchanges
1 8 7 DEA RBO RN STR EET,
C h ica g o , I l l s .
Private wire to New York and Philadelphia,
n A k l H O

BONDS

YIELDING AN INCOME OF

4% T0 6%

CITY, MASON, LEW IS & CO., Bankers
COUNTY
171 LA 8ALLE STREET,
SCHOOL HEMP F O B LISTS._____CHICAGO.

M UNICIPAL BONDS
SUITABLE FOR

Savings Banks and Trustees in
New York State.

151 La Salle Street, • Chicago, U l.

PARTICULARS UPON APPLICATION.

6% and 7% Gold Mort*a*es.
UPO N

T o ta l d e b t N ov. 2 0 , ’9 4 .. $ 1 2 3 ,0 0 0
T a x v a lu a tio n 1 8 9 4 ---------- 9 4 8 ,8 1 8
A s s e s s m e n t is % a c t u a l v a lu e .
S ta te t a x (p e r $ 1 ,0 0 0 ).............. $3*90
C o u n ty t a x (p e r $ 1 ,0 0 0 ).......... 10*00
P o p u la tio n in 1 8 9 0 w a s ..........2 ,4 1 5
P o p u la tio n i n 1 8 9 4 (e s tim ’d ).2 ,5 0 0

COM M ERCIAL PAPER,

Interest Allowed from Date of Receipt of Money
P R IC E S

1 ,1 9 0 9
1 ,1 9 0 9
1 ,1 9 1 8
1 ,1 9 1 9
1 ,1 9 2 0
1 ,1 9 2 1

______ OHICAQO.

A. G. Becker & Co.,

For Investm ent.

W hen Due.

R e f u n d in g -

68,
6 s,
6 s,
6 s,
6s,
6 s,

Counties and School Districts.

M UNICIPAL BONDS

A s s e s s m e n t a b o u t % a c t u a l v a lu e .
T o ta l t a x (p e r $ 1 ,0 0 0 ).........$11*50
P o p u la tio n i n 1 8 9 0 w a s __ 2 9 ,6 9 7

Gray County, Kan.—The figures of indebtedness, valuation,
etc., given in the statement below have been taken from a
report to the C h r o n i c l e from W. J. Francisco, County Clerk.
County seat is Cimarron.

CH ICA G O .

FIN A N CIA L.

High

ic l e

E. S. DREYER & CO.,

m o rtg a g e B a n k e r s , C H IC A G O , I L L
First Mortgage Loans on Improved Productive
Real Estate Centrally Located.
80 Y e a r s B u s i n e s s

w it h o u t

L o ss

to I n v e s t o r s .

Address all communications to Eastern Office
A ator B u ild in g , 9 P in e S tr e e t.lN e w Y o r h

R. L. Day & Co.,
4 0 W a te r S t., B o sto n .__________

Arch’d. J. C. Anderson,
P U B L IC A C C O UNTANT,
1 9 7 W a te r S tr e e t.
NEW Y O R K

THE CHRONICLE.

1120

[V ol. LIX

Clyde, Ohio.—J. B. Sprague, Mayor# The following state­
Asheville, N. C.—T. W. Patton, Mayor. This statement has
ment of the indebtedness, valuation, taxation, &c., of Clyde, been corrected by means of a report from F. M. Miller, City
Ohio, has been compiled from a special report to the C h r o n ­ Clerk.
County seat of Buncombe County.
i c l e made by W . E . Gillette, Corporation Clerk.
This village
St r e e t B o nd s—
LOANS —
W h e n D u e.
is in Sandusky County.
C i t y H a l l a n d M a r k e t H o u s e — 6 s, J & J , $ 20 ,0 00 ........ J u l y 1 ,1 9 0 2

L O A N S - A m o u n t o u ts ta n d ’g. F lo a tin g d e b t.......................... $ 5 ,0 7 8
R e f u n d in g 5 s, M & S..............$ 1 9 ,0 0 0 W a te r d e b t in c lu d e d a b o v e 2 6 ,0 0 0
S tr e e t 6 s, F & A ....................... 4 1 ,0 0 0 A ss e ss e d v a lu a tio n 1 8 9 3 ..6 9 0 ,0 0 0
W a te r-w o rk s 6 s, F & A ......................... 9 ,0A0s0s e s s m e n t a b o u t ^ a c t u a l v a lu e .
W a te r-w o rk s 6 s, M & S........ 1 0 ,0 0 0 T o ta l t a x (p e r $ 1 ,0 0 0 )...........$36*00
I n t e r e s t p a i d a t 4 t h N a t. B k ., N.Y. P o p u la tio n in 1 8 9 0 w a s ........ 2 ,3 2 7
B o n d e d d e b t D e c. 8 , ’9 4 .. .$ 7 9 ,0 0 0 P o p u la tio n i n 1 8 8 0 w a s ........2 ,3 8 0

Street improvement bonds to the amount of $22,500 included
in the $41,000 listed above are payable by special assessment
on property benefltted, but the property of the entire village
is surety for them.
Clark County, Ky.—The figures of indebtedness, valuation,
etc., given below, have been taken from a report to the C h r o n ­
i c l e from Jos. B. Ramsey, County Clerk.
County seat is Winchester.
LO A N S-

S in k in g f u n d s ....................
$ 5 ,0 0 0
N e t d e b t N o v . 1 5 ,1 8 9 4 .
1 4 9 ,0 0 0
T a x v a lu a tio n 1 8 9 4 ........ 8 ,9 1 1 ,3 5 3
T u r n p ik e B o n d sT a x r a t e (p e r $ 1 ,0 0 0 )...
$7*75
1 5 ,4 3 4
68 , J & J , $ 8 2 ,0 0 0 ..
1 9 0 7 P o p u la tio n i n 1 8 9 0 w a s
T o ta l d e b t N o v . 1 5 , 1 8 9 4 .$ 1 5 4 ,0 0 0 P o p u la tio n i n 1 8 8 0 w a s
1 2 ,1 1 5
IN T E R E S T is p a y a b le a t W in c h e s te r.
W h e n D u e.

R a il r o a d A i d B o n d s —

68, J & J , $ 7 2 ,0 0 0 . .$ 7 ,0 0 0 p e r y e a r .

Richardson County, Neb.—A report from the Auditor gives
the following data concerning the finances of Richardson
County on December 1, 1894.
County seat is Falls City.
LO A N S-

W h en D u e. T a x v a lu a tio n 1 8 9 4 ........ $ 3 ,2 5 0 ,0 0 0
8 s, J u ly , $ 9 0 ,0 0 0 ............ 1 8 9 5 -1 8 9 9
A s s e s s m e n t is 1-5 a c t u a l v a lu e .
(A b t. $ 1 5 ,5 0 0 d u e y ’rly o n J u l y 1. S ta te t a x (p e r $ 1 ,0 0 0 )............ $7*14
I n t e r e s t p a y a b le a t Co. T r e a s u ry .
C o u n ty t a x (p e r $ 1 , 0 0 0 ) ___ 17*20
B o n d e d d e b t D ec. 1, 1 8 9 4 .$ 9 0 ,0 0 0 P o p u la tio n i n 1 8 9 0 w a s .........1 7 ,5 7 4
C o u n ty h a s n o flo a tin g d e b t.
P o p u la tio n 1 8 8 4 (e s t.)...........2 3 ,0 0 0
TAX F R E E .—T h e b o n d s is s u e d b y th i s c o u n ty a r e e x e m p t fr o m t a x ­
a tio n .

6 s, J & J , $ 2 0 ,0 0 9 ............O ct. 1 ,1 9 2 0
5 s, J & J , 2 0 ,0 0 0 ............J u l y 1 ,1 9 2 1
F l o a t in o D e b t B o n d s —

6 s , A&O, $ 9 0 , 0 0 0 . . . . . A p r. 1 ,1 9 2 4
Sc h o o l B o nd s—

5s, J & J , $ 2 5 ,0 0 0 .......... J u l y 1 ,1 9 2 1
Se w e r & W a t e r B o nd s—

6 s, J & J . $ 1 0 0 ,0 0 0 ........ J u l y 1 ,1 9 1 $

LOANS—

S u b je c t to c a ll a f t e r J u l y 1 ,1 8 9 9
F u n d in g B o n d s —

6 s, J a n ., $ 1 8 , 5 0 0 .. .. .. J a n . 1 ,1 9 0 0

S u b je c t to c a ll a f t e r J a n . 1 ,1 8 9 5
6 s, J & J , $ 8 2 ,5 0 0 .......... J u l y 1 ,1 9 1 9

S u b je c t t o c a ll a f t e r J u l y 1 ,1 8 9 9
R a il r o a d B o n d s -

78, J & J , $ 1 7 ,0 0 0 .......... J u l y 1 ,1 9 0 3
7 s , J & J , 2 0 ,0 0 0 .......... J u l y 1 ,1 9 0 4
7 s, J & J , 2 0 ,0 0 0 .......... J u l y 1 ,1 9 0 5

BANKERS AND BROKERS,

DEALERS IN

-

NEW YORK

BO ST O N O F F IC E , 5 3 S T A T E S T .
If embers of th e New York and Boston Stock Ex­
changes. P rivate wire between the two offices.
Information given in regard to all Boston seonrltle
and quotations furnished.

INVESTMENT and MISCELLANEOUS
SECURITIES.

Wood, Huestis & Co.,

S o u th e r n S e c u r itie s a S p e c ia lty .

31 Pine Street, New York City.

INVESTMENT BONDS A SPECIALTY.

Rolston & Bass,
STOCKS, BONDS AND MISCELLANEOUS
SECURITIES.
W. H . ROLSTON,
3 0 B r o a d S tr e e t.
W. ALEX. BASS, JR.,
von, v a m
Members N.Y. Stock ¿X.
W1SW
EDWIN S. HOOLBY.
P. O. Box 8.089.
W il l i a m D. B a r b o u r , f b e d ’k B il l i n g s , Special
Ch a r l ie s M. N ew com be ,

Member N. Y. Stock Exchange.

Wm. D. Barbour & Co.,
BANKERS AND BROKERS,
19 W A L L STR EET,

-

NEW Y O R K .

I n v e s tm e n t S e c u r i t ie s a S p e c ia lty .
HENRY F, TAYLOR,

JO H N F . HALSTED .

Member N. Y. Stock Bxch.

Taylor & Halsted,
B a n k e r s an d B r o k e r s.
3 NASSAU STR E ET,
N EW Y O R K .
B o n d s a n d G u a ra n te ed S to c k s
a S p e c ia lty .
NICKEL P L A T E 4 PER CENTS BOUGHT AND SOLD.
H e n r y C. H a r d y .

Ga s t o n H a r d y .

R e f u n d in g B o n d s-

68 , J & J , $ 3 3 ,0 0 0 ..........J u ly 1 ,1 9 1 9

S u b je c t t o c a ll a f t e r J u l y 1 ,1 8 9 9
B o n d e d d e b t D e c. 1, ’9 4 ..$ 2 1 8 ,0 0 0
F lo a tin g d e b t (a b o u t)___ 26,000
T o ta l d e b t D eo . 1 ,’9 4 (a b t.) 244,0 0 0
T a x v a lu a tio n 1 8 9 4 ___ $ 3 ,5 8 0 ,2 3 5
T a x v a lu a tio n 1 8 9 3 ........ 4 ,1 1 3 ,5 1 5
T a x v a lu a tio n 1 8 9 2 ___ 4 ,2 2 2 ,1 1 3
A s s e s s m e n t a b o u t *3 a c t u a l v a lu e .
T o ta l t a x (p e r $ 1 ,0 0 0 ).......... $20*00
P o p u la tio n i n 1 8 9 0 w a s ..........9 ,657

In addition to the above-mentioned tax rate there is a Silver
City tax of $16 per $1,000.

Parkinson & Burr,

NEW YORK.

W hen D ue.

Cu r r e n t E x pe n ses—

68, J & J , $ 2 7 ,0 0 0 ..........J u l y 1 ,1 9 1 9

R. A. Lancaster & Co.,
No. 10 WALL STREET,

B o n d e d d e b t N ov. 15, ’9 4 .$ 7 8 6 ,5 0 0
P o p u la tio n i n l 8 9 0 w a s ........10,235
P o p u la tio n i n 1 8 8 0 w a s ........ 2,616

Grant County, N. M.—A report from E. M. Young, Pro­
bate Clerk, gives the following data concerning the finances
of Grant County on December 1, 1894.
County seat is Silver City.

M IS C E LLA N E O U S .

<0 B R O A D W A Y ,

W a t e r B o nd s-

68 , J & J , $ 2 0 ,0 0 0 ..........J u l y 1 ,1 9 0 2
6 s, J & J , $ 1 0 0 ,0 0 0 ........J u l y 1 ,1 9 1 6

5s, J & J , $ 1 0 0 ,0 0 0 .........J u l y 1 ,1 9 2 1
INTEREST o n t h e s t r e e t im p r o v e m e n t a n d w a te r -w o rk s b o n d s d u e
i n 1 9 0 2 is p a y a b le a t A s h e v ille ; o n t h e flo a tin g d e b t b o n d s a t B a lti­
m o re ; o n a ll o th e r b o n d s a t N e w Y o rk C ity.
TAX FREE.—A ll b o n d s is s u e d b y th is c ity a r e e x e m p t fro m c ity t a x .
DEBT LIMITATION.—A sh e v ille c a n is s u e b o n d s o n ly b y v o te o f th e
p e o p le .
ASSESSED VALUATION o f r e a l e s ta te f o r 1891 is $3,309,480; o f
p e r s o n a l p r o p e r ty , $1,874,720; to ta l, $5,284,200; t o t a l t a x (p e r
$1,000), $20*00. R e a l e s ta te is a s s e s s e d a t “ a b o u t 60 p e r c e n t o f its
a c t u a l v a lu e .”

FIN A N CIA L,
BANKERS,

5 s, J & J , $ 3 0 0 ,0 0 0 ___ - J u ly 1 ,1 9 2 1

C O M M IS S IO N B R O K E R S ,
AND D EA LER S IN
IN V E S T M E N T S E C U R IT IE S .

M IS C E LLA N E O U S.
Long distance Telephone:

Cable Address:

" 114 CORTLANDT.”

* RU D B BA TIO N , N . Y .i

Haight & Freese,
BANKERS & BROKERS
53 B R O A D W A Y , N E W

YORK.

STOCKS, BOMDS AMP GRAIN
Bought and Sold a t 1-16 Commission.
S p e c ia l a tte n tio n g iv e n t o o u t-o f-to w n ac
cou n ts.
TRANSACT A GENERAL BANKING AND STOCK
EXCHANGE BUSINESS.

INVESTMENT BONDS.
Accounts of Banks, Bankers and Individuals
received on favorable terms.
BANK REFERENCE FURNISHED
Uptown Office, 1182 Broadway.

C. H . H U ESTIS, (5lfem ber N. Y. Stock E xchange.)
E. H . LADD! JR., \ G eneral P a rtn e rs .
C. D. WOOD, Special P a rtn e r.

Simon Borg & Co.,

MORTGAGE LOANS
IN

TEXAS.

DEALERS IN ALL KINDS OP

7 P e r C en t an d 8 P e r C ent N et.
NO COMMISSIONS charged borrower or lender
until loans have proven good.

Railroad and Investment Securities.

FRANCIS SMITH & CO.,

N o . 3 0 NA SSA U S T ., N E W Y O R K .

Southern Securitie s a Specialty .

Gilman Son & Co.,

8 AN A NTO N IO . T E X A S .

A U G U S T U S FLO YD ,
BROKER IN

IN V EST M EN T

BANKERS,

S E C U R IT IE S ,

NO. S 3 C E D A R S T R E E T .

3 3 P IN E S T R E E T , N E W Y O R K .

In addition to a General Banking Business, B e i
and Sell Government Bonds and Investm ent Beeurltlet.

ST R E ET R A ILW A Y BONDS BOUGHT a nd SOLD

H e n r y G. Ca m p b e l l ,

J. Borden Harriman ,

1 Members N . Y . sto ck
j

Exchange.:

Hatch & Foote,
BANKERS,

H. C. Hardy & Co.,

H. G. Campbell & Co.,

No. 7 PINE STREET, NEW YORK.

BROKERS.
SOUTHERN SECURITIES.

B A N K E R S AND B R O K E R S,
O N ew S tr e e t an d 7 4 B r o a d w a y ,
NEW YORK.

INVESTM ENT SECURITIES.

50 BROADWAY,

-

NEW YORK

W e reoeive accounts on favorable term s.
We allow in te re st on deposits.
W e m ake collections a t all points.
We draw o n r ow n bills o f exchange.
We tra n s fe r m oney to all p a rts of th e world.
We buy and sell bonds and stocks.
W e issue le tte rs o f credit.
We fu rn ish a daily m a rk e t le tte r free.

CHARLES A. BALDWIN * CO.,

4 0 * 4 3 W a ll S tr e e t,




-

-

NEW Y O R K .

EMERSON MCMILLIN.

HENRY B . WILSON.

Emerson McMillin & Go.
4 0 W A L L ST R E E T , NEW YORK"
DEALERS IN
G A S -W O R K S , S T R E E T
R A IL W A Y
A N D IN V E ST M E N T S E C U R IT IE S .

SOUTHERN LANDS
A t P R E S E N T P R I C E S a r e th e C H E A P E S T
P R O P E R T Y in A M E R IC A .
^ ^ I n v e s t i g a t e a n d y o u w ill In v e s t.^ ®
T IM B E R ,
BARGE,
M IN E R A L ,
SM ALL,
F A R M IN G .
TRAC TS.
Send 25 cen ts fo r “ T he R oad to W ealth Leads
T hrough th e South.”
E . C . R O B E R T S O N & C O ., C i n c i n n a t i , O .
(N eave Building.)