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fiitaitrtaV

xmm

andW

HUNT'S MERCHANTS' MAGAZINE,
aBPRESSBNTINO THE INDU3TRIA.L

VOL.

NEW

33.

AND COMMERCIAL [NTERB3T3 OP

YORK, DECEMBER

FiBBIMSlal.

14-J

NO. 861.
Flaanel

UOVABO LArau

Note Company,

A

r> I

m:

o

171*5.

IneorroraUd under Liiwa ot State nf JV«w York, 1868.

s

r>

.N

Alfred H. Smith

&

WIIXABD

.

Wr.rimLo.Jm.

CTBUa

otbd* w.TcnB
g p sins i,

&

Lapsley, Field

BKUAUWAY, NEW TUKK.
BrSINEBH FousnicD

UNITED STATM

24. 1881.

Financial.

AMERICAN
Bank

THJ5

Co.,

KTOCK BHOKKHII,

Co.,

6 WALL STRKBT,
No. 14 JOHN 8T„ NEW YORK,
A.N1> PUINTEHS Or
Nevr York.
AXD ItEyEXUB STAMPS,
IMPORTERS or
LSOAL TBXDER NATIO\AL BANK NOTES
R. TTWilson
Co.,
«/ Uu U Nil ED STATES and for many FOrttgH Uiamonds,
Fine Rubies, Sapphires,
tfotwrnm^nCj.
BANKERS AND OOM M I88ION MEROHAKTB
and
otiier
Precious
Stones,
B.NORATINO AND PRINTINQ
» Kxrliaiice Coart, New York.
or ItASK NOTES. STATE AND RAILROAD
EXCLVSIVEL).
BONDS. SBABB CERTIFICATES. BILLS 01
Breese
Co.,
BXCBANOE. DRAFTS. CHECKS, STAMPS. Ac.
J.
LONDON, 33 HOLBORN riADDCT.
THB FINEST AND MOST ARTISTIC STTLB
SaeoeMun to BRED * BRUBBB,

No.

ItKUiiGANIZKl) 1UT».

B.VOHAVIKS

BONDS. POSTAOK

&

<t

FROM

MTEEI. PLATE8.

\Vlth special safeguards to prevent CounterfeUint
or Att^ratvtru. Special papers manufactured exolu•Ively fur use of the Company.

Safety Tints.

Work

Aug. T.

Execnled

in

Fireproot Bulldinc*-

Post,

Banker,

CIIICAOO.

BUYS AND SELLS
State, City

and County Securities.

CORRBSPONDENCB SOUaTKD.

LINDIAT UAIiCn
Railway Tickets of Improred Styles, LBwis H. Taylor, Jr.
WUhor Kithoul Color; and Tiektlt of all Kind*
L.
Taylor
Co.,

Bankers aad Broicers,
140

Banque

Deposits received sublect to checlc at siKht, aad
Interest atloir^^d on daily balances.
Stocka, Bond!*, Ac, bouitiit and sold un oommijalon
In i'hiiudelphla and other cities.
Particular attention fdven to iafonnatloa r«Ranltns InTWtinent Securities.

C. E. Jackson

•

GoTernment, State, Monlolpal and
Railroad Bonds and Stocks. XnvostmeBts for Sav-

Buy and

9,000,000 Francs.

BOABD or DIBECTOBS
tiL'NTUKKiCorneille-DavId).
III UuT'rAI»

NEW

KR. DUA.VIM (.MlclliOlfl Loos).
Jou. Dan. Kl'iik.hax.v, Jr. (Joh. Dao. Fuhrmaoa.)
LOUIH WKBEHiKd. Weber A Lie.)
Juuu llAUTK.\8rRADca (C. Sclimid & Cle.)

A

GENERAL BANKING BUSINESS.

Correspondence

J. J.

Bddt.

Cathier.

Maverick National Bank,
BOiiiTO.V,

CAPITAL,

.......

SUKPLUiH,

9400,000
400,000

Acoounts of Banlis and Rankers solicited.
Collections ma e upon favorable t«nnfl.
Strictly llrst-clau Investment Securities Negotiated.

Samuel M. Smith,
40
Railway

WALL

STREET,
DKALER IN

Srcniiilea,

Mtock»<

Buy and

Sell

IN

INVESTHEXTS.

on Commission, for cash or on our-

gin, all securities dealt in at

New

the

York*Stoali

Interest allowed on dally balanoes.
All deposits subject to ohsok at slgkt.
Particular attention to orders by mall or tsle-

graph.

Oio. A. Lkwis, Prsat.

solicited.

TOB

K

First

Una and Bank

Inaurn.<ic« Hcrip.

National Bank,

8. DEPOSITORY,
LODIBTILLB, KBNTL'CKT.

U.

Spedsl sttentlon given to eolleoilons.

Banks and Bankers

LETTEBS OP CBEDIT

Aeoonnts

Pondir

CIRCULAR NOTES
for the use of travelers la
parts of the world.

solicited.

JoaaPuvDiB. Bduard MntTBNs. Aca. Hatha*.

A»0

luued

A. L. SoBJiiDT, Cashier

promptly remitted at best rates.
.

&

Co.,

Bonds & Inrestment Secnrltlea.
so EXCRANGB place. NBW YORK.

stocks.

all

drawn on the Union Bank of London
Teleirrapblo transfers made to London and to

Orders eseonted on the London aad Beropsaa
Markets;

Tarious places In the United States.
Deposits rseslTSd sobleot to cheek at sight, and interest allowed on halaness.
aoTOmmant and othsr bonds and Investment ssourltlss boojrbt sod sold on commission.

Co.,
Gil man. Son
BANKERS.
•s CBDAB STBEET.

Bills

Pottir. Preat.

FIRST-CLASS

130 Broadway (Equitable BnlldtaKi,

KBANK (Krnnic, Model A Cie.)
ALTO. NoTTKBuuM (Nottebohm ITrerea).

p.

NBW YORK,

DBALBR8

BANKERS,

Ai>.

TRANSACTS

sell

ings Banks a specialty.

SUILK

Asa

ST.,

Ao.

Sons,

Sistare's

MA80AU

IT

Kountze Brothers,

VeLix Orihar. President.
Al.rKEl) MAyl'lNAV (liralTiMaquinaj), Vloe-Pr««
J. U. Vo.v DKu uiiCKK(Vun der Uecke & Manllr>.

Ono

Geo. K.

&.Co.,

nilDDLBTOWN, CONN.,

Antwe rp.
•

MENT BONDS, MBRCANTILR PAPBR,

Bzchange.

Anversoise,

Faid-Up Capital,

In LAKB 8UPBRI0R IBON MIIIB
KOLUNQ MILL STOCKa, INTMT.

Dealers

STOCKS,

SOUTH THIRD STREET,
PHILADELPHIA.

Wm.

Centrale

&

H.

TRU8TKB9:

A. O. Ooodall, President,

Jos. VT. DrexaU
James MaodonouKli. VIce-Prest., A. V. Stout.
A. D. Shepard, Vice-President, T. H. Porter,
Main Smlllle, VIce-Prest., Chris. Mejrer,
J. T. Bobertson. Vice-President, il. U. Danfortta,
Q. B. Stajner, Treasurer,
P. C. Lounsbory.
Tlieo. if. I^Veeland, Secretary.

DBARBORM HTBKKT.

No. 100

NASSAU STBEET,

23

Safety Papers.

RAILWAY PRINTING A SPECIALTY

cm

&

B

m

Car Trust Bonds.
WB MAK8 A 8PECIAI.TV OF TURSR TKa\
SAFB SECURITIES, AND BUY AND 8BLLSAMK
AT MARKIfr PRICE.
WK OKKKK A LIMITED AMOUNT OF UBSIRABLK CAR TRUST ISSUES, AI>l>ITiO.VALLV
SECURED BY TUB DIRECT OBI.IUATIO.N OK
TUB RAILWAY KyUiI'MK.ST COMPANY.
E*OST,

MAKTI.\

&

34 PINK 8TREET.

CO.,

&

In addlUon to

and

sell

a Oeneral Banking Business, bey

OoTsrnmsnt Bonds aad InvestsMat Seeeifc

t ies.

3

.

Hudson

&

Co.,
KXCHANOB COURT, NBW TOBK,

C.

I.

Branata Ofliee and Private Wire
"CuaBgBI.AKi>," Broadway and tM
Buy and sell on cumalssloa, for
maniin, all eecarltiss dealt In at the New
at the

I

Stuck Bxeluuige.
R. B. LaAB

C

I.

Member

BVDeoR,

T.

B

N. Y.Stoofe kzeta.

TaM

Ccan*.

THE
Foreign Exchange.

&

Morgan

Drexel,

&

Co., August Belmont

Na,

M

Drexel, Harjes

Co.,

BotiTH Tbibd St.

81

&

Nob. 19

Co.,

&c

Co

Deposits received subject to Draft. Securities. Gold,
Ac., bought and sold on Commiesiou. Interest allowed
on Deposits, Foreign Exchange. CommerclM Credits
Circular Letters for Travelers,,
Cable Transfers.
available In all parts of the world.

Attob-nbts Aim AexxTft OF
CO.,
nessrs. J. s.
OLD BROAD ST.. LONDON
No.

&

and their correspondents.
A.lflo Commercial Credits and Transfers of Money
on California, Europe and Havana.

Morton,
35 NASSAU

&

Bliss
ST.,

NBW

Co.,

COR. OF CEDAR,
YORK.

Issue Circular Notes and Letters of Credit for
Travelers also. Commercial Credits, available in all
parts of the world. Negotiate first-class Railwav,
City and State Loans; make telegraphic transfers
of money and draw Exchange on
;

Co.,

No. 69 IVALI. ST., N. ¥.,
BUY AND Smi.

MORTON, ROSK & CO
B1L,L.S
HOTTINeUBR & CO
ON GREAT BRITAIN AND IRELAND, FRANCE, CREDIT LYONNAIS
GERMANY, BELGIUM AND HOLLAND.
AMSTERDAMSCBB BANK,
Issue Commercial and Trarelers' Credits
ly SIBRLINO,
ATAILABLB IN ANY PART OF THE WORLD.
And In Francs, In Martinique and Quadaloupe.
Jesup,

OF EXCHATVOE

&

63

York.

Make

&

'STG.

G. C. Ward,
AQBNTS rOX

BARING BROTHERS & COmPANY,
63 WALL STREET. NEW YORK.
38 STATE STREET, BOSTON.

J.

& W. Seligman& Co.,
No.

BANKERS,
94 BROADWAY,
NEW YORK.

AcconntB and Agency of Banks, Corporations,
Brms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends'; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission.
Bound railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.

Draw

Co.,

No. 8 Wall Street, Neiir York,
No. 4 Post Office Square, Boston,
CHEQUES AND CABLE TRANSFERS ON

laUNROE

tc

CO.,

PARIS.

•TEBLINe CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS &. CO., LONDON.
Oibooijlb Notbs

J.

&

ahd Cbbdits tob Tbavbijibs.

Stuart

&

Co.,

J.
S3 NASSAU STREET.
BILLS OF EXCHANGE ON

SniTH, PAYNE & SniTH'S,
BANKERS, LONDON

UANCHESTER

tc

OOSBESPONDENT8 !
BARING BROTUERS dc CO., London.
PERIER FRERES <& CO., Paris.
MENDELSSOHN Oe CO., Berlin.

NEW YORK:

MANCHESTER, PAYABLE IN LONDON

LONDON:
Wm. Russell Wise'

WitLiAM Heath,
Charles e. Quincet.

William Heath

&

Co.,

of Exchange' and transact a generHl
financial commission business. Particular attentJon
given to American Securities.
Btlls

William Heath

&

Co.,

;

Knoblauch

&

Lichtenstein,

BANKERS,

ALSO,

J.

No.

63

Co.,

BROKERS IN
Foreign Exchange, Stocks and Bonds,
68 «raU street, New York.
Special attention paid to orders at the New York
Stock Flchflnse and New York Mininc Board.

Forei$rn Baiiitcrn.

Bank of

Draw

of

Bills

Credit on

all

Exchange and Issue Letters of

principal cities of Europe.

SPECIAL PARTNER,
Berlin.

DEUTSCHI. BANK,

WILLIAM STREET,

No.

4 Threatlneedlc

J.

H. LATHAM.

BUY AND BELL
ROAD INVESTMENT BE0VRIT1E8;
COLUtOT ConPONS AlfD DIVIDKNDS

HBQOTIATE LOANS AND

DRAW

BZCHANGE ON LONDON.
All business relating to

J

BILLS OF

the Constmetion snd

aDlp<aant of Uailroada nndertaken.

1835.)

London, Enitlanit.
PAID-UP CAPITAL, £1.200.000.
St.,

UNDIVIDED PKOFITS

(incliirtlnK Guarantee an*
Reserve Funds) £441,089.

Letters of Credit and Drafts issued on the 87
branches of the Bank in the Colonies of Queensland,
New South Wales, Victoria, South Australia. Tasmania, and New Zealand. Bills neRutiiited or sent for
Collection. Telegraphic transfers made. Deposits
received in London at interest for fixed periods o»
terms which may be ascertained at the ofBce.

PRIDEAUX SELBY,

Secretary.

Handel-Maatschappij,
OP

Trading Society

HOI.li AN D,

ESTABLISED

1824.

($14,400,000, Go]d.)|
Execute orders for the purchase or sale of Merchandise, Bonds, Btocks, and other securities, in the
United States, Europe and the East make Collections,.
buy and sell Foreign Exchange, and give advances
upon Merchandise for Export.
OLIVEU S. CARTER, ) Agents
;

New

STANTON BLAEE.
HENRY E. HAWLEY,

Yoke, January

Office,

J.

H. Latham

F.

W. Perry.

&

Co.,

UNITED BANK BUILDING,
2 WALL STREET.

IKVESTMESIT

1,

143 Pearl

J
J

for

America

isn.

Street,

New York.

Adolph Boissevain & Co.

BANKERS

ooinniissioN rikhchants*
AMSTERDAM, HOLLAND
N. Y. Correspondents— Messrs.

Rlakk Bugs. & Co

Hong Kong &

Shanghai

CAPITAL (paid-up)

SECURITIES,

City, Railroad a Miscellaneous Slockt atid Sonde

FOREION EXCBANGE.

»5.000.000
1,900,000

RESERVE FUND

HEAD

OFFICE,

BONO KONO.

The Corporation grant Drafts, issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore. Saigon
Manila, Hong Kong, Foochow, Araoy, Ningpo,
Shangliai, Uankow, Yokohama, Hiogo, San Francisco and London.

TOWNSEND,

Ascnt, 47 William St>

Nederlandsch Indische
Handelsbank,
AIHSTERDAin, HOIiliAND.
Established in

1863.

Patd-T7p Capital, 13,000,000 Guilder*,.
($4,800,000 Gold.)
HEAD OFFICE IN AMSTERDAM.
Agencies

Nevr Iforh.

Australasia,

(INCORPORATED

A. M.

ABLE TRANSFERS AND LETTERS OF CREDIT 20 \riUlBin St., cor. Exchange Place,
NEW YORK.
John B. Kknnidt.
i. Eenkedt Tod.
Make Telegraphic Money Transfers.

&

Hilmers,McGowan & Co

banking CORFOKATION.

BROADWAY, NEW YORK.

61

BDINBURO, AND BRANCHES;

Kennedy

TRANSFBRS, ETC.

ALL PARTS OF THE WORLD.

IN

bankers and BROKERS,

NATIONAL BANK OF SCOTLAND,

S.

BUY AND SELL STERLING EXCHANGE, CABLB
ISSUE COMMERCIAL CREDITS, AVAILABLK

10 Angel Court* I^ondon^ Enffland.
Draw

Membebs or New Tobk Stock Exohahge.

BELFAST, UiELAND
AKD OIT THB

WALKER,

B. E.
JOINT AGENTS

Canadian Banl< of Commerce^
16 EXCHANGE PLACE,

BANKERS,

COUNTY BANK,

ULSTER BANKINO COHIPANY,

Cable Transfers.

GOADBY &

H.

Tiie Netherland

COlOiEBOIAL AND TbATBLEBS' CbEDITS.

;

" LIMITED s"

change.

J.

New York.

AND

Exchange and make telegraphic
money on Europe and California.

&

&

CABLE TRANSFERS, BILI£ OF EXCHANQB

Bills of

John Munroe

(t,tinlteil).

Pald-np Capital, 36,000,000 Fiorina.

tralla

transfers of

Sts.,

York.

London

Meaare. Jobn Berenberg, Goseier
Co.,
Haiiibnrg.
^
Commercial and Travelers' Credits, Bills of Ex-

FOREIGN BANKERS.

Issne Letters of Credit for TraTelers,
Payable n any part of Europe, Asia, Africa, Avsand America.

Co.,

2HASS.,

Wall and Nassau

Cor,

at

Nederlandsche

&

Kidder, Peabody
BOSTON,

Bnnk

liondon.

Co.,

BANKERS,
lYUllam Street, New

OF

Between

AMSTERDAM.

-

Paton

TRANSFERS
MAKE TELEGRAPHIC
MONKTf
this and other countries, through London
and Paris
Collections of Drafts drawn abroad on all
points In the United States and Canada, and
of Drafts drawn In the United States
' on Foreign Countries.

{pahtb
*^-*"'°>

New

0OBRE8P0NDENTS OP THE
International

LONDON.
-

Ruckgaber,

88 TVIIIIam Street,

21 Nassau Street,

MESSRS. DE ROTHSCHILO

inoRKAN &

m

&

&

Schulz

BANKERS,

Isane Travelers' Credits, available In all parts of the
world, through the

Boulevard Haussmann

Brothers

Foreign Excbange.

BANKERS,

Paris.
Pbiladelphla.
DOMESTIC AND FOREIGN BANKERS.

Brown

[Vou XXXlll.

Forelfi^ Exctaauge.

WALI. STREET,
nORNKR OF BROAD, NBW YORK,
Drexel

lJHllO^'lCLK

it, Batavia, Soerabaya and Samarang
Correspondents in Padane.|

Issue commercial credits, make advances on ship
ments of staple merchandise, and transact other*

business of a financial character in connection with
the trade with the Dutch East Indies.

BLAKE BROXnERS
18

dc «0.,
Agknts foh Nouth Amsiuca,
WALL STREET, NEW YORK.
88 STATE STREET', BOSTON'

:

Daouaaa

THE CHRONlCLa

84, 1881.J

CBlUomla Bsnlu.

AQBMOT or

PRANOIBCO.
York Agoncy, Oa Wall
INVKSTKD tW U.
M,U00,UO0 QOUD.

SURPLUS,

or

St.

BONDS,

B.

OBOitOE L. BKANDEK, Aceot.
laSUBB Ooameretal »nd Tr»roUir»' On>aitiij^»T«llorla. Drttwu KxchnnM*.
wiy purl of tho
abl* In _
and B>kw Tmitlmt of Muuer
IDhu
Voralirn Mti1 Toiud,
by TvWnfcph and Cable.
"

TUB

North America,

British

WALL HTHRRT.

No. 58
Bar and

Sterllnc Sjcebaai* and Cable Trnaa
t%nt Issue daoMBd draft* on Beotland and Ireland
also on 0«n*da, Brltlah CotaBMa. Portland, Oreaun.
aell

LONDON, Head Office, i Ansel Urait.
SAN FIIANOIKOO Uffic«. «e CaUtorela St.

aatad.

*W.

J.

Selisman

A Oo.

Aathorlxod Capital,
Pmld ap and Kenerre,

(6,000,000.
1,100,000.
banklDK bonlneu. luuKCom.
•

maratal credlti and BIIU of Rxckaose. arailabl* In
«U Dart* of ilio world. Collectloiu and orders or
Honda, Stock!, etc., executed upon the moat faTor
FUKD'K P. LOW, _lM«n«««r«
altletonn*.

Merchants' Bank
0»

CANADA.
CapiUl,

•

•

JOHN HAMILTON.

Vlce-Prostdoiit.JOU.N

HKAU

Mtl.KNNAN, ESQ

UVFIOE, mONTKKAIi.

OSOUGK KAOUK.
WU.

J.

Oenerul Manacer.
A«st. Ueaeral Managei

IMUUAM.

"•

31

BANKKKS:

KBW YOUK—The Bank of

for Sale.

Tinker,

ds

IIOOM

JR..!

AHTBUR WICK60N.

Manacer.

Imperial Bank of Canada

FIDEUTT UUARANTEK BUNDS

of road.

ARK ISSUen BY TUB

& CASVALTV
NEW

CO,

TORK,
|«IW,Oi*00

Cash Capital
Aaiwts
Uepus t with

9>lfi»l»

Npw York

Capital, $1,000,000.
D. R. WILKIB, Chahter

OVFICE. TOBOKTO.
BRAXOBTS:

Port Colbome. St. Thomaa, taueraoll.
Wetland, Kenroa. woudatook, Winnipeg, Inin.
Dealer* in American Cuxrencr A Sterilntt Exchaniie.
Ajrents In New York:
I
A««nu Loadon
BoaANUDar. SAiff A Co., Bank or montojcai.,
Cu Wall direct.
73 1,aBbard Street.
I
Prouipteat attention paid to coUectlona parable In
any part of Canada.
ApproTed OanatUaa bnalneaa paper, parable In
void or correaor, dlaciunted attheUead OAlce on
rcaaonable terms, and proceeds reinitced lo anr
part of the United States br draft ou New York.
at. Oatliariaea,

I

Bank of Montreal.

aMITHEES.
\r. J.

No*. S9

De-

In«uninco

$13,0On,000, Gold.
6,000,000, dold.

Co.

OF NORTH AMERICA.
'.{70,000

Cashcttpital
Cash assets orer
Deposit at Albany

3!I0,000

-MSiOOO

President
Sib ALEX. T. QALT.

I

I

General Manaeer

fries,
JEIF roRS
& 61 WAI.I. (iXREBT.

Bar and sell Sterling Bzchange, rrnnos and Cable
Tninafors srant Commercial and TraTOlers Credits
aTatiabla In anr port of the world ; Issue draft* on
and make oollectlons In Chlcaao and tbrooshout
the Dominion of Canada.
;

Bdwahd

Barnes,

H'tUSIrtrt.

*4 Pint Strml.

Gzowski & Buchan,
Basexkb akd Stock BboeebSs

information and forms mar be obtained,
or from the Uead onico, Uontrea], Canada.

Where

The

all

bualneas of this

Company

aolelr that of

la

Cuarantee.

&

Hatch
BANKERS,

No. 12

_^_^_

Foote,
^VALL STREET,

aim eau.
';OVKRNMENT BONDS. STOCKS
BtTT

AND

UISCEI'-

TjANKOtlS SK<^UKITIB8,

NASSAU STREET,

Deala In Inveatment Seeurltlea and
GeuerallT'.

WANTED
Indianapolis

Colnmbns

AaitMriosii ani titerlinu lkXohantfe,aad btockj.
ti;
onds. etc. boosht and »old.„
_
_
_
Oorrcspondaiita— Bank of Mew Tork, new rork

Colombo* A Teledo Hallway 7s, HKIi.
Coiumbu* A Hocking Valley 8d, 7s, leM.
Ohio A West Virginia IsU. Ts, l»10.
Menominee Rlrer IsU. 7s. IWM Cguar. by Chleage
Northwestern).

CH AS.

A Northern

Ists.

Ists.

Sc!olo Railroad Ist

Ts,

Scioto Railroad 3d

7§, IS79.

1905.

Scioto Railroad Stock.
Ot

Tol. Cin. St

Tol. 1st

St.

1..

KO. 58

A

BTBEET,

OmcB

Co., Bankers,)

NKW TOBK.

or TBB

J

AMEnicAM DOCK A Iap«or»j««irr Coi«>A)rr,(
tiu LiucHTr 4t., Nkw Yokk, June le. 1881. )

AMERICAN DOCK de tMPBOTBTHE
MKNT COMPANY, having res-rrod the right !•

par the nrlDclpal of their bonds dated Ootobar I,
18M, at anr time after the Orst day ct Jannary.
IHTO, Srst harlng glran six mnni ha' notice of their latentlon to makesneb pa rment. notice la hereby gtvaa
to the holders of the said bond* that tha Oooipaar,
In the oxerclse of said right, will par the principal
and Interest of the said bonds at tho National
Bank of Commerce, on the 31st day of Daceaaber. tttll. at which date luteieat on *sild boade.wUI

The companr ha* secnred for the holder* of tke
bonds ;to ne redeemed on the Sist of Deeaater
next the crirllece to exchange their bonda for the
S per cent bond* under the new mortgage, at par, at
the

Bank of Commerce.

JOUN

S.

BAUNKS,

Vice-President.

OF THE DB!4 MOINES FORT
o rriCK
NEW ToBS,
DODGS RAILROAD
dc

7s,

Stock

The Board of Dtreetor* hare declared a qoarterly
dlTldend of One and One Half Per Cent npoa
the capital stock of this company, from the net rev*
ennee of the three months ending Dee, Slat laat..
parable at the aBloo of tho Treoanrer, oa aad altar
the lath day o( Janary next, to shareheMea Vt
reoord oa the SOth day of Deecmher laataat.
The tranefer book* will be closed at three o'eloek
on the afternoon of the SOth of Oeeeaiber last..
and r*-opeaed on the morning of tha 17th of Jaaaary
B. n. BOCn«STKB,Tiea»a»«r.
next.

6t

1910.

Bonds.

Dee.,
CO.,
1881.—Tha eonpoa* of the Brst mortgage boada of
win
paid
on
be
aad
this oompany, dne Jan. 1, 1881,
after tbatidate at the oSce of Meesr*. Moctoa, BlUa

A Co..

D. A.

WALL

W ING,

T.

BSTBBN VNION TKLSCORAPB

Cincinnati Richmond A Fort Wayne Stock.
Cincinnati Hamilton A Dartcn Bonds

Columbus

IS

A

COMPAMT. New Tork. Dee. U. 1681.
DIVIDKND KO. sis.

t

A St. Louis Ists.

A Toledo

is. Itl9.

Central A Hudson Hirer Isu, Ts, IMS.
Scioto Valley Ballwar Cons., 7s, IS 10.
New Jarser Soothem Railway lata. 8*. ISW.
Toledo Peoria A Western IsU, 7s. 1«I7.
Shlcago A Bastam Illlrols Isis, Ss. 1907.
Chicago A Baatam Dltnola Inoomea. 1S07.

ceaae.

Albert E. Hachfteld,
17

Investments.
Qnlnoy

New York

WILLlAn STBEBT.

No. 47

*

(With A. M. Kidder

canada.

Prompt attention siTen to Collection of OommeroUI Bllu and Canadian rnsda on all point* la Uana-

Chicago Bnrllngtoa

iiAwi.L.\a«.

Scioto Railroad Con. 7s, 1910.
No. 9 Blrebln Lame.

and Ailimae Bank, London.

S.
iS

& Higginson,

Chase

KBW YORK OmOB:

President.

tokonto

Nf.

Bonds of Suretyship December
FOB

BUCIIAJfAN, General Manager.

Ofllee,

yohn

.

Jollet

I.endon

interest.

For further informat'on and for the
bonds apply to

Prest. John M. Craw«, Bec'rDcuECToiis—Ocorue T. Hope, O. O. Williams. J. 8.
T. Stranabiin, A B. llnll, U. B. Clallln, Darld Dow*.
A. 8. Barnes. U. A. llorlbut, .1. I). Vermllre. W.
(>. Low, Charles Dennis. S. B. Chluenden, Oeorge B.
Ooe.
M. Klchards. CocxatL— Moore A Ix)w.

Bonds
a. F.

these

to $5,000,000

Wm. M. KicaiBHH,

:

CAl'ITAfc,
SVRPi.L°S,

Bonds
on 243 miles
The price of the bonds is
of

issue

total

103^ and accrued

luirtnient, D. 8. OoTornment Bonds.... 100,000 00
Bonds Issued KuaranT.«e ok the Udelltr of p«raoos
holMlnff p«)!>ltlona of :iccunlarr trust and reaponsU
bUltr also fcuardlan's bond* In SurroKates* Courts:
iDdeDinltr bonds to tiherlffs, and guarantee aU
bondKuiid undtfrtaklnps required hy tho courts of
tills stjite In ciril actions and procedlnjfs.
Kerm of appllcailon and full nartlcul irscnn be obtained at the olhco of tho comptiny, 1H7 Broadwnr.

HOWLAND. Prest

m

The

amounts

*8e'"*-

Ckieaao Bnincb, 138 Woahlnstoa Street.

UKAD

interest at the rate

S.

The Gnarantee

H. 9.

They bear

aell on comnil,alon. fortoTcntment er on
marctn.ull aucnrltlvadeull In at the Mew York Stuck
Kxohiing c.

Bur and

New York Asencjr, 48 Bxebaoge-place.

Kaaad payable In Scotland and Ireland, and cverr
deecrlptlun of foreign banUna bualneaa undertaken.

UAKBIS

These Bonds have forty
from their date, Oct i,

to run

i88o.

OFFICERS AND EMPLOYEES HOLDING POSITIONS OF TKUST.

B.

yean

of 6 per cent., payable semi-annually
STOCK BROKERS,
33 BROAD HTKKET, NEW YOBK. in New York or Charleston, S. C.

The Now York AgenOT bnya and aella Sterllnc: Bxohaoxe. Cable Tranafera, laauea Credits available in
aM parte of the world, make* ooUaotlone In Canada
ana elaewhore. and laauea Draft* parable at any of
tb« omoea of tne bank In Canada. Demand Drafts

JOUN

South Carolina Railway Co.

Wm

ENG.—The Clydesdale Bankinx Comp'j
New York. N. B. A.

IjONTOON,

A limited amount of the J^irst Coh'
iolidaUd Mortgagt Bands of the

;

$5,600,000 Paid Up.

-

Pmldent. the Hon.

&

Barker

OF

Canadluu Bank cm.

*"

'

D. BARICin,
UKXBY 0. TIJIKkB
N. Y. block Kzcbaniie.

FIDELITY

P. N. I.IUIENTIIAI.. Oi«hler.

*"-^» vimU.i .^_,,

yiiiHiictal.

rOonTOC
Memuur

-

-

».

I>

W. I.AW»o;<.

BOSTON Uurroepoudts, Mauaoliiuetta N. B'k.

Tianutot a Keneral

Bonds.

Han rianelaoo and Chleaao.

(IJMITKO).

Agenu,

6%

BUI* eoll*«t*d and other bonklni boslae** trmav

Anglo-Californian Bank

NRW VOKK

TB~i

Bank

or

AN

IB

Guuidlaa Bankers.

The Nevada Bank
New

:

EASTON,
BBOADWAY.

Mo. ts Naaaan street.

New

Tort.

The lithograph Interact defemd bonda or ihli
Compaay will then and there be exchanged terUka
steel-eagraTed bonda aad two aad a halt Par Oeai
(«H per cent) Interest paid therein.

PBAMK SACNUKBS,

L

:

•

THE CHRONICLE.

IV

Financial.

Financial.

OFFICE OF COMMISSIONERS OF
MOBILE, Port

>or, 1881:
The attention of tUo holders of

MOBILE CITY BONDS
who have not

yet funded under the recent act
of the Legislature of Alabama providing for the
settlement of the debt of said city is respecfully
called to the following facts
1. Up to January 1, 1882, the old bonds may
be exchanged for the new by application to Mr.
Charles Walsh, Special Master, at No. 11 Pine
Street, New York, or to the Commissioners at
Mobile. After that date the exehanKe can be
effected only with the uuderaignod at M"bile, Ala.
2. Bonds funded before Jan 1, 1882, receive
in cash tlie interest for 1881. Bunds funded
during the year 1882 will not receive past due
interest in cash, bnt the coupons representing
it win be funded as part of the debt,
3. The holders of over four-fiflhs of the debt
have accepted the new settlement, and a euflloient amount of funds to pii.y the iuterest fur
188 1 on theuew bonds has already been collected
and paid into the depository. The January coupons will be paid at the Merciiauts' National
Bank, New Voik, or at the Bank of Mobile, on
and after December 24, 1881.
L.

M. WILSON,

STEPHENS

Commissioners

)
>

JAMi:S A. McCAW,

of

CROO.VI.i

GEORGIA RAILROAD COMPANY,

-*-

New

DIVIDEND.— The Board of
kank have

16, 1881.

Directors of this

day declared a dividend of
per cent, payable on 3d of January

THREE

this

next.

The transfer hooks will reranlu closed from
January 3, 1882.

this date until

WM. P. ST. JOHN, Cashier.
TITETROFOLITAN NATIONAL BANK,
Niw YOBK, December 23, 1881.
DIVIDENU.
The directors of this bank have this day declared
a semt-annual dividend of FIVE (5) PBR CENT,
payable Monday, January fl, 1882.
Transfer books wiil remain closed until 10th prox.
GEO.

'T>IIE

Cashier.

BANK OF NEW YORK,

New Yokk. December 20,

A.,

have

of Directors

this

FOUR PER CENT

of

McGOUUKBY,

J.

N. B.

1881.— The Board

day declared a dividend
for the six months, pay-

able January

2, 1382, free of tax.
Transfer books will be closed until that date.

FERRIS,

R. B.

December

.—The semi-annual dividend of
THREE PER CENT for the six months ending
December 31, 1881, upon the outstanding Income
Bonds of this Company, has been declared, and
23, 1881

on or after January 3, 18S2, at the office
of the Company, 115 Broadwav, unon presentation
will be paid
.

f

bonds.

BAILROAD

CO.,

New

CoapoDBdue January

Vokk. December

1st prox.

panr

will

at the offlee of
Street,

P03T,

3.1

MARTIN &

day of January

E.

said bank.

RICH.MOND
ROAO

^

Y.,

& ALLEGHANY

RAIL-

ofliee of Pout,

City.

LOUIS CONSTRUCTION
uecember 15. IsSl.— AnlNOF TEN PKB CENT is hereby
called from the subscribers to the iibuve fund, payable to the CENTRAL TRUST COMPANY of New
.

STAI..MENT

27.

W. PAR.\^MORE, Trustee

WANTED
TO PURCHASE ALL
cities of Pittsburg

County

ui

nnd

Ailcglicny. Fa.,

Aliegheuy, Pa.

and

GEO. B. HILL dc CO., Brokera,
PITTSBURG, PA.

Simon B org,
WALL

STREET, NEW YORK
DEALER IN ALL KINDS OF

Railroad and Investment Securities.
Southern Secubities a Specialtt.

THE PJBRFECTED

PACIFIC

tc

A

AND

10, 1881.

this

above-named se-

a choice line of

curities; also,

6 AND 7

COEO. ^VM. KAI.I.OIT Ac CO.,
NEW YORK ANO BOSTON.
NKW YORK LACKAWANNA & WESTERN RAILWAY COMPANY
FIRST MUK VI;AGE SIX PER CENT
BUINUS

OF

1921.

Interest payable Beml-annually upon tne first
days of
and JULY.
This road forma with the I'claware Larkawanna
A Western Rnilroud a direct llirough line from

JANUARY

NEW YORK TO BUFFALO.
The Mortgaze U

a flr.st lien
as well as upon the Road.

upon the equipment,

FUR SALE BY

MJ^ES TAYJLOR &

CO.,

WALL STREET.

FOR CHOICE

Mortgage Loans,
IMDIINA 6 FEB CE.NT,
SOUTHER.\ 8 l-Elt CENT,
WRITE

FRAXCIS SMITH,
IndianapoIlN, Ind.,

C.

No.

7

and Atlanta, Ga.

Chew,

J.
WALL STREET, NEW YORK.

TEXAS RAII.\VAYS,

BONDS, LANDS,

ice.

Desirable Texas Securities for Investment c«r.
stantly on taana

AGREEMENTS OF REORGANIZATION

-^OF THE SOUTH C.'.ROLINA RAILROAD CO

New

Yokk, December 80,

1881.

Holders of the Purcba^ing Committee's Receipt
of the South Carolina Railroad Company are hereby
notified that upon pre.-entation and surrender of
said receipts to the Farmer's Loan ik Trust Company and the signinK of a receipt in full, they will
receive the bonds, stock and cash to which they are
respectively entitled under the agreements of re-

JOHN

BARNES.

6.

Chairman Purchasing Committee
South Carolina BR. Company.

TYPE WRITER.
For the heavy correspondence of Merand Banking Houses and Corpo-

cantile

rations.

Spencer Traak
Geo. F. Fedbody.

Fred. S. Noye*.

Spencer Trask & Co.^
BANKERS AND BROKERS,
70 Broadway,

New York

City.

Transact a general Banking Business

Used and endorsed by thouaands of
Bankers and officers of

Merchants,

Stocks Bought and Sold on Margins.
Interest allowed

Corporations.

ST. PAUL miN- Every Machine
OMAHA RAILWAY COMPANY,

dividend of ONE
THREE-QUARTERS
(IH) Per Cent on the preferred capital stock of
this company has been declared,' payable at

4g.

offer .any of the

organization.

QFFICE OF CHICAGO

Bhoabwat, New York. December

We

CLASSES OF BONDS

S

6s

City of Cincinnati

OF THE

So.

78.

City of Cincinnati

19, 1881.

1881.-A Quarterly Dividend of One and Three-quarters per cent
7S-100)
on each share of the capital stock of this
(H
company will be paid on and after the 1st day of
February, 1882, to the shar holders who shall be
reglstererl as such on the closing of the transfer
hooks. The transfer books will be closed on the
.J9th day of Dec. Inst., and opened on the
26th day
of January. 1882.
F. fa. TOWS, Treasurer.

^-'NBAPOLIS

jg

«g

ST.

I.

i. Co., a* Pine Street, New
F. a. BUKuL, Treasurer.

&

1894.

City of Delphos,

1,11 IS,

(No. 2)

York on December

Martin

^RAILWAY COMPANY, Dec. 21,

TO

53

Treasurer.

December

rjHICAGO ROCK I$>LAND

6«

Secretary.

l

it
T'EXAS
FUND, Si

Coupons due January 1, prox., on the first mortlage six per cent bonds of the Buffalo New York &
Phlladolphla Railroad Company will be paid on and
after the third day of January on presentation at
the

MITCHELL,

CO.- Coupons due January 1, 18t^2. on
the First Mortcaye Bon<ls uf ths ompany will be
paid at and after raaturltv at the Company's office,
room 89, No. 2 Wall Street.
E. R. LBl.AND, Secretiry.

PHILADELPHIA RAILROAD COMPANY,
BOFFALO, N.

York

B. G.

CO., No. 34 Pine

KIMBALL,

XOTES.
1886

City of Cleveland

1881.

Coupons from the first mortgage bonds, due
January 1, will be paid at the Metropolitan
National Bank.
Three (3) per cent wiU also bo paid on aU the
income bonds on presentation of the bonds at

QFFICE OF THE BUFFALO NEW YORK
'-'*

DECATUR A: EV ANSVII.I.E

New York City.
CHAS.

TOW\
MATURING

NAVIGATION PER CENT RAILROAD BONDS.

RAILWAY COMPANY,
New Y'ork, Decemijer 21,

on the First Mort-

be paid on and after the

Jk

Treasurer.

^'company. No. 20 NASSAU ST., NEW York,
December 22, 1881.— For the purpose of determining
the rights of subscription at par to the new stock
of this company, the transfer books will be closed
December 28, 1881, and re-opened January 5, 1882.
T. H. TYNDALB, Assistant Secretary.

21, 1881.—

Ktge Bonds of the Allexany Central Railroad Com-

W. D'JNTON.

F.

OREGON RAILWAY

Cashier.

QFFICB OF THE ALLEGANY CENTRA

MASSACHUSETTS

\FFICE OP THE INDIANA BLOOMING^'TON & WBSTER.V RAILWAY CO., NEW YORK, City of Cincinnati

NATIOIVAL BINK,

Yoric December

as Lessee

/

*-

MERCANTILE

~

is^oo,ooo

&

of the Memphis & Charleston Railroad, will payon presentation at the office of R. T. Wilson & Co.,
No. 2 Exchange Court, New York, all of the past
due coupons of the Memphis & Charleston Railroad Company which have not heretofore been
bought by the Lessee, and will purchase at the par
or face value of the same the coupons maturing
January 1. 1882, on preseutatiun on and after that
date, at same place.
E. W. COLE,
President.

"P EORI \

Mobile.

Financial.

'PHE EAST TENNESSEE VIRGINIA

of Mobile, Ala., Jst Decern-

XXXmi

[Vol.

on Deposits.

Branch Offices,
eruaranteed satigfactory

Connected by Private Wires,

Send for circular with styles and prices Philadelphia, 132 S. Third St., C. F. Fox.
and selected list of patrons and testi- Albany, N.Y., Maiden Lane, W. A. Graves.
Saratoga, N. Y., Grand Pnion Hotel.

monials.

on the 10th of January, 1882, to stockholders
of record at the close of business on the 31st
day of
office

December.

December,

",'
!S \ht
0»
the iiS^i'"'
33d day of January.

R. P.

_

_,^

BICHMOND A

E.

'

1881.

The transfer books of the company will be closed
1881.
1882.

and be re-opened
*="<->.

FL OWER.

OFFICIO OF

Treasurer.

THE

DANVII.l E

RAILROAD

^y

REMINGTON &

SONS,

283 Broadwaj, New York.
124 South SeTenth St., PhiladelpIUa.
281

C. H.

38 niaaison Street, Cbicaso.

&

E. Odeli^

AGENTS FOB

dc

Steel

and Iron Rail

inANUFAOTURERS,
JBlfr-wiU be paid at the Mercantile National
BaSk
W. E. TUBNKM, Treasurer.

101 John Street,

Rooms 10 & 11

KKW YORKICITY.

8

mmtk
HUNT'S MERCHANTS' MAGAZINE,
RKPRESENTTNO THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
CoDgnM,

lEntored, iiooordlngto «ct of

VOL.

In the

year 1881, by

Wm.

B. Dajca

Railroail Enrnings and BuolncM AetlvltjC»n DiicctorK Mixiify a Leaset

Ur. Blulnn mid the C;a>tonBiilwcr Trpiitv
Miuuiciul Mituatlon

Dio

An

England—

Change

701

Mi'neiniy

and

KiiKliKh

News

701

Cominei oial and UlsceUaueoua

Couunerelal

705

Newn
BANKEB8' GAZETTE.

and

Kallrond Bunds aiid
Stocks
709
in Pricca at the N. Y.
Stock Exohauge
710

1

718
719

Cotton

708

and Corporation Finances... 714

|

THE COMMERCIAL
Coinnierclal Epitome

TIMES.

RreadstnOs

I

723
7v5

Dry Goods

I

(E'hvonicU.

Thb Commbkoial asd Financial Chronicle

is

TERMS OF SUBSCRIPTiON-PAYABLE

IN

ADVANCEi

For One Year (uuludiut' postage)
For Six Months
do
in

$10

42

London (including {>08tage)
do
do

OANA k

WILLIAM

OAMA. >
IXorD.
i

1

78.
8b.

since there

B.
00., Pnblishara,
79 <c 81 William Strstt,
YORK.

NEW

for the

first

keep before us the favorable as well as the

our readers may have some ide*
what the entire month will show when made up. Accordingly we give below all the leading roads that have fur-

also that the figures represent gross earnings,

;

to the profitableness of that business.

OB088 EASNINGS riSST

crops are short,

Orott £amiH0».

Chli-.

&

Chic.

Gr.

Trunk

...

Both are now

still

always go hand

in hand.

on the

rise,

giving evidence

Even under ordiof growth and expansion everywhere.
continued
gains
as the roads show
such
circumstances
nary
would not fad
maintained in

to elicit remark.

tjie

face of a diminished crop

should be borne in mind that on
afforded by the

movement of

a very large portion of
strongest possible

But when the gain

many

movement

roads the

the crops to market

the

total traffic

is

—there

is

—

it

traffic

S

103,097
337.100

85,4.>6
3C2.-.;4

80,80t»
70,'i81

63.581
56,57 I
6JM,x-.M
68:1.700
13S,7».-

806,000
!j.i2,70O

18-',306

&

i

90.922

88.

126.4'^7

10J,487

306.6.-<7

H. City...

sa-.-vsi

162.>il6
4o,0Otl

H;.730

l.'>0.274

IJeiiv.

Rio Grande.

Hannibal

A New

Kngl'nd.

Noriheni Pwitlo
Peo'la Dvc.&EvansT,.
St.L. A.AT.H.m.line
Do do (iiranohes).

St.LtronMt. A
8t.

8o...

I.oiii«A8nn Fran..

Wab.

St.

LouU A Pm

Total.

This statement

+ 2.698

+ 22.0O0
+ 141,011
+
—
7,>44

7,9.54

1881.

ttM
335

564
840
320
335

3.'..51

3,6-i7

3.01 !j

2,764

085

•48
300
S3S

573
84fl

30C

325
l.OOS
143

551
143

oou

46,80."i

,275
+ 6.113

392
385

435, 1 (K)

+ ii8.::60

2,060

1.840

86,1.50

-!l.4:<8

18.519

+ 9.341

33C
2««

330
335

283,862

+ ».<.I174

I.73S

1.40*

050
S70
733
100

71,622

67,697
209.48.--

88.240
79,420
52.91?

105.763
78. 45

53;l,4BO

77,712
27.*60
377,536
307,877
114,079
101,302
S6.71d
40.489
20.630
330,494
137,523

+ 6,9J.%

- 13.7lt2
-17,523

+

1

1

an
823
29^

222,4v;3
05.61
110.4SI8

+ >*5.45
+ IH.163

1,1.%«

+ .->0.f(04

1*73

+ 11.>«8

19.744
166,678
1,314,336
676,113

15,608
40,466
40,734
206.888
113,618
143.805
11.97J
133.19"
1.013.786
409.151

8,226,185

6.839.75<

tells

1880.

900
318
833
803
393
365

19.5.693

234.4..2

8ciotu Valley
Texas A facitlo
Union Pucltlc(17days)

-H7.G41

+ 34.556
+ 17,219
+ 14.110
+ 147,170
+ 16!l,OiiO
+ 49..563

.'24

EiistTenn. Va. AGa.
Flint A Pcre .Marci
Oi'cat \Vef*t'nof Can.

Dubunue A

N. V.

possible index of industrial

teeraoa*.

•

Chic. St. P..\Iinn.
Cm. Ind. St. L. &Ch..
iol.
Col. HiHk. Val.

.Missouri Pacltlo

bt?8t

1A80.

9

Milw.&8t. Paul.

—

latter conditions

jtump*.

1881.

ChicairoA Northwest.

.

railroad gross earnings are marvelously large.

TWO WBEK8 DaCBMBSa.

Xamaofroad.

.

If

first

two weeks of December, this and last year. It should be
understood that the great trunk lines do not make weekly
returns, and that therefore none of these are included

A St. Jos...
Ind. BUmiui. a West.
their movement slow, the rate-war bitter, the expense Lake Erie A Western.
l-ouisville A Nashv...
account increased it is true on the other hand that Memphis A Char'toii.
Mlhv. L. Sh. AWest..
general business is very active and profitable, and that Mo. Kan. A Texas
unfavorable side in the situation.

activity.

confidently believed

half of the montli, the figures already in oar

AO

At a moment when the course of stock values is downward, and there is a lack of confidence in affairs, it

Theee two

many who

possession, in order that

Burl. Ccd. Rap. &. No.
Chicago * Alton
Chic. A ICastcm 111....

Post Okkick Box 958.

Railroad earnings are the

are

business being done, do not of course furnish a guide aa

ACTIVITY.

well to

interest

that certainly with

and, while offering a true indication of the volume of

RAILROAD EARNINGS AND BUSINESS

is

heavier thAo ever

But just at present the receipts of the railroads are
not only iMportant in themselves, bat have an additional

in the table

20.

6 10.

SubacrlptionH will be continued until ordered stopped by a wrUten
ordtr, or at the publication ojtlce. The Publishers cannot lie responsible
lor Reuiittanies unlera matte hy Drafts or Post-OtHie Monev Onlers.
A neat tile cover is furnished at .^0 cents; postage on the same is 18
«ent8. Volumes bound for subscriliers at $1 00.
London and LiTerpool Ofllces.
The office of the CiiKoxtci.K in London is at No. 7-t Old Broad Street
and in Liverpool, at No. o Brown's BuiUtiugH, where subscriptions and
•dvertlsements will ho taken at the regular rates, and single copies of
the piipsr supplied at Is. each.
B.

is

861.

nished us with statements of their earnings for the

is»ued every Satur-

day morning, with the latest news up to midnight of FHday.
"Entered at the Post OfBce, Xew Yerk, N. Y., as seooud-ciaas mail matter.]

Annual subscriptloB
Six mos.
do

NO

December the roads would exhibit a
The retonu
Quotalloni(orstorb8and Bonds 711 decreasing business compared with last year.
New York ^Mvnl Bcouiities
712 that have thus
far come in fail to confirm this belief, so
linilroad Earnings and Bank
Knurus
713 we think it especially desirable
to
bring together,
Invrsiiueuts, and State, City

Kanue

3?Iie

In

liii|iortant

700
702

THE

a.

~

before.

The Pranphise
(J9;l

Money Market. Foreli^ Exc^tngp, r 8. .'<roiiritlii«. State

JOHH

~~

SATURDAY, DEC^EMBER 24, 1881.
CONTENTS.
that general and miscellaneous freight

33.

THE CHBONICLE.

wnxiAK

A Co., Id the tiffloe of U>« Utmutao of ConcraM, Waahlacton. D. a|

+ 2..

-11,124

+ S3.M0-

+ 23 905

+

3M

948
105
lai
«8«
641

+!iO,*i47

8.55

+ 7,77o
+ 33. 485

IS7
006

+ 270.7.V»

3.6.56

105
131
686
580
•56
100
530

+ 170.06. 3J50

3,136
3.470

l.!WB..17a ls2.4»»7

38.363

us that the thirty- four roads abovo

usually

increased their earnings from $6,639,730 in 188t, to$8,-

the

226.125 in 18S1, or about 24 per cent^ and that during the

is

proof that all our industries are pro-

gressing at a gratifying rate, and that the roads are m a
Btrong position as to earnings ; for such a gain shows

same time the mileage increased from 28,263
less

to 37,497, or
than 15 percent, so tkat the earnings per mile are $353

this year, against

$235

last year.

It will

be obaerred tkat

THE (JHRONKJLE.

700

[Vol.

XXXin,

the Northwest make especially flattering directors of the New York and the Metropolitan unaniand yet the receipts of flour and grain at Chicago mously concluded to accept a modification of their leases,
and Milwaukee during the first two weeks of December each taking 6 per cent in lieu of the 10 per cent agreed
show a falling ofE of more than one-third. In 1880 the upon. The details of the arrangement are so well known to
receipts of grain were 6,052,493 bushels, while this year our readers that we do not repeat them, but recall the above

the roads in
exhibitSj

of flour the receipts facts as they all bear more or less upon the question now
were 378,404 barrels in 1880, and 287,154 barrels in at issue.
In the first place it is seen by this recital, that even if it
1881.
That there should be a large increase in earnings
despite the decreased amount of grain traffic, is due to an should be finally determined in the present litigation that a
augmented passenger movement and a decided expansion submission to the stockholders was unnecessary to a change

they were only 3,947,762 bushels

;

of the lease, it would not follow perforce, that such a subvolume of general and miscellaneous freight.
mission is never required.
it will be said that though gross receipts are thus
There is a very peculiar condiextremely satisfactory, and offer in this respect unmis- tion here which would strongly appeal for relief to the
takable evidence of the increased activity that characterizes equity side of the court, and might result in a special conThat is to say if we assume the directors had
all branches of our industrial system, net receipts are by struction.
no means equally encouraging. That is undoubtedly true. no right to modify theordinary remedy for a broken lease
The fact receives new emphasis as each succeeding annual would be a restoration of the leased property to the lessor.
return of earnings and expenses is made public. The latest But in this instance the lessor-stockholders took and used
evidence' is furnished by the reports of the Vanderbilt and sold to the publie 6-^ millions of the stock of the
in the

But

—

—

— Canada

Lake Shore, lessee. If the lease is nullified, the Manhattan passes out
Central— given on another page. These of existence, while the Metropolitan stockholder reaps a
reports will repay close inspection and make it more and large benefit at the expense of a corresponding loss to the
more evident that a bare statement of gross earnings offers public. Under these circumstances the Court might hold
that this was a peculiar arrangement, not an ordinary lease,
less clue than usual to the net results of operation.
Yet while not desiring to underestimate this circum- and that it could not enforce the forfeiture until the
stance, it should be remembered, as we have often before company had made restitution.
Another fact in the situation of the Elevated companies,
said, that m the main the larger percentage of operating
expenses is due to special causes not permanent. In the which will greatly limit the application of a final decision in
roads

Southern, Michigan Central,

and

New York

first

place the severe weather last winter

disbursements necessary.
that time the

gossip almost

would have
upon them.

flying

made

made very heavy

be remembered that

It will

newspaper reports and "Wall

1

1

street

us believe that the Northwestern roads

to pass their dividends, so severe

They came through

it

deep mark in the expense account
cause of the smaller net,

is

safely,
all

was

but

it

the year.

this tax

has

left

a

Another

the well-known rate-wa", which

has resulted in the trunk-line roads doing through business
at little profit, and in many cases probably at an actual loss.
Both these are, however, temporary influences. The rate- war
must end sometime, and the winter of last year is not

now pending,

is that the Manhattan Company had
own, and no opportunity or possibility of fulthe agreements it made except out of earnings of the

the actions

no assets of
filling

its

"We do not remember any other leased roads
same position so that a decision on the facts
before the courts in this case would not settle the right or
wrong of a similar change in a lease by directors of other
companies.
If for instance, the Pittsburg k Fort "Wayne
directors should meet and reduce the rental because the Fort
"Wayne earnings had fallen off, it would be a pretty clear
case of bad faith on their part and of collusion, since the
Pennsylvania road is abundantly able to pay and fulfill its
"guarantee.
Even therefore if the directors had the legal
right to modify the lease, the court would by injunctiott
prevent their doing it, and if attempted would set aside
leased roads,
that stand in

tliis

;

be repeated short of another ten-year cycle.
These facts we bring together, not as determining the
value of any given stock, but as conditions to be remembered while special prominence is being given to the their action as void aJ initio; for fraud vitiates every agreedepressing circumstances of the momeat.
ment and proceeding. Hence we see that this case is
a peculiar one. and if the final decision should be ia
likely to

CAN DIRECTORS MODIFY A LEASED
The questions

favor of the directors,

that are passing through our courts in

connection with the Elevated railroad contest have a wide
interest because of tkeir supposed application to so

other

roads.

drawn

to the subject,

General

many

been
and it has been discussed on both
sides with much spirit and feeling.
Two decisions made
this week favoring the view held by the directors of the
Elevated companies bring the issue before the public
attention

has

therefore

again.

The point

is whether the directors of a leased
modify a lease without the consent of the
Btockholders.
The Manhattan Company had, among other

in dispute

railroad can

guaranteed to the Metropolitan 10 per cent dividends on its stock. "When the guarantee was made the
Manhattan had no property, and its only chance of paying
the dividend was in getting the money out of its two
leased roads; but it gave to the Metropolitan and New
York companies 6 J millions each of its own stock, which
things,

was

distributed

among

their stockholders.

The earnings

it

has a very limited application.

be borne in mind that the new arrangement between tkese Elevated roads was, under the circumstances, a proper and wise one for each of the contracting
parties to enter into. The company which fared the worse
was the New York road, as its earnings were large
enough to pay more than 6 per cent if the lease could
be declared canceled. But as its stockholders had
received 6^ millions of stock from the Manhattan,
and there was a possible claim against the company
to that amount growing out of such receipt
and further,
since receivers of the Manhattan had been appointed and
the Court had directed them to bring an action for the fuU'i
amount named, which would tie up the companies in the
courts for a long time, and possibly end in their beiug required to pay the whole claim these facts added to the
others we have stated above show the wisdom of the
arrangement, the good faith of the directors, and that the
It is further to

;

—

action, if legal,

We

cannot be impeached.

have been led

to

make

the foregoing suggestions in

of the entire system proved insafficient to meet the engagements, and the Manhattan became insolvent and unable to

quieting assertions made, to the effact that

pay and went into the hands of

have the power

receivers.

Thereupon the

view of the decisions of this week and of the many
cladaaed, there is

if

•

dis-

directors^

no safety for the stock-

"

J

DacBMBiR

THE CHttONHXK.

24, 1881.

holders in oihor loosed ro&ds.

wo must

It ia aeon that to

adopt

assume the raanagoinont o{ a
given road is dishonest and in collusion with the leasee;
and second, that the courts would look on and permit the
carrying out and perfecting of such a fraudulent arrange*
ment.
In conclusion, we would also add that the amount
of security a final appeal to the majority of stockholders
would give, seems to us to bo ovor-pstimated. If directors
are determined to defraud the holders of their securities,
they would Gnd no difficulty in securing a majority of stock
Wo have not attempted to examine
to confirm their fraud.
the legal question involved, as it is before tho courts, has
been decided this week in favor of tho directors, and is
being rapidly pushed to a final decision.
such a

belitif

MR. BLAINE

Grst

AND HIE CLAYTONBULWER
TREATY.

oonfllct

"aietiblo."
lively

Examine

it,

state
if

paper on

you

please,

regardless of the outside arguments that might be urged

with reference to our interference in the Panama Canal
project.
That is to say, take the case simply in the way

on the

A-

nent «llof«tb*r

Veryponmr^

ofrensive

to

aUt«

in
it

under

;

bat

the

ia it

irr*'

Bot pori>

eircamatanoa^

Remember thia ia not an effoaivo Fourth of July ortUoa
we are considering, but a thoroughly doliborat* mad w«0
considered public document, addreaaed to a nation with
whom we are on terma of cordial good will.

In the aame coonectioo take alao the atatement n«u
the cloM of the communication which reada, that "it i«
" the fixtd purpoie

United Sutea to oonfioa it
and defending the nentralitv of
the canal) "strictly and aolely as an Amoricaa qaeatioo,
" to be dealt with and decided by the American Gor«ra.
" aaents."
We have no objection to admitting, for tb*
time being, that such ia the "fixed parpoee" of th«
American people; but if ao, would it be wife or ia
good taste to assert it when asking a frigndly power,
of the

(that ia the guaranteeing

especially in

Let Bs consider a moment Mr. Blaine's
the Clayton-Bulwer treaty.

"any

101

a

first

proposal, to

modify a

treaty.

Moat

not such a harsh, peremptory expression at thia juncture in the negotiations hinder rather than advance
tho object sought?
If Great Biitain had rudely repulsed us and refused to

treat, then it would have been
time to have notified her of our " fixed purpose," and

Mr. Blaine presents it; imagine the question a new one irresistible a^ my, &c. But even then it aeema to na that it
wholly, and that the only object our late Secretary of would have been foolishness unless we substantially sent
State had, was to induce Great Britain to modify an exist- with it a declaration of war as the alternative of refuaal.
their " fixed
ing treaty. Remember also, since he asserts it at tho close Diplomats do not usually talk about

"purpose " until every other resource has failed, and they
no period "since are ready to enforce that purpose. A nation's dig^nity
" the peace of 1783 have the relations between the British and self respect demand that at least.
Some may sug" and American Governments been so cordial and friendly gest that Mr. Blaine entertained the thought or expectation of intimidating Great Britain.
Such an interpreta"as now."
Starting then, with the object sought by the paper and tion of his words is wholly untenable, for it presuppoaai
with these relations between tho two Governments in extreme innocence in the writer, and no ono would ever
of his document, that the United States seeks this particu-

lar occasion for the discussion, because at

annoyed at tha style or charge that upon the late Secretary of State. He underDoes not even the sentence stands full well that if we attain the object sought, it will
above quoted lack delicacy V Of course everybody knows not bo by brag and bravado, but either through the force
that the date named marks the end of a war between us of friendly argument or the power of the sword.
But we refrain from noticing further the unfortunate
when Great Britain, as is popularly supposed, came out
aecand best. To remind a friend with whom you spirit and tone which pervades this document from beginTo be sure, at the same time it expresses
are about to negotiate that you never before loved ning to end.
a
friendliness,
for
there is this double character running
sinc^
a
ceitain
time
naming
him so much
puzzling the observer as effectually
through
it,
sometimes
and
he
bad
a
foolish
fight
in
which
you
when
you
date
punished him badly would be pronounced by all the as did the conjurer McKabe, exhibiting here a few years
world an unfoi-tunate, impolite reference, and a poor ba.sis since, with his two faces. There is also another feature of
Diplomacy is even more the paper which surprises us, and which if we had space
to start a new negotiation upon.
exacting in the style of address, always requiring a rigor- wo would remark upon. As for instance the verj
We say then ungraceful way in which is expressed the fact that CJalious conformity to the strictest etiquette.
the reference made was unnecessary and unfortunate. Of fornia bears towards us a relationship different from that
course Great Britain will not be disturoed by iU She will of India to Great Britain. To assert that the citizens of
smile, not frown, at the awkwardness and infelicity of the California are "our own blood and kindred" is well
enough, perhaps, but to add that they are "cone of our
expression.
Turning to the opening portions of the communication, bont and flesh of our flesh " may be democratic, but as
we have some sentences which might give color to the it covers the heathen Chinee as well as all other of our
mind,

is

not the reader a

infelicity of expression

litile

used

?

—

—

idea that the reference to the

war

in question, bore with

naturalized countrymen,

it

ia

certainly inaccurate, besides

a bint of our ability to enforce our pretensions. Now, sounding a trifle sophonaoric. Then, too, the mode of
we have no question of that ability of course, but wo say describing the extent of our Pacific poeaessions^ must
Wo wonder that
a smile in any reader.
e.xcite
it is wretched taste and worse logic to write anything which
been
made with Great
not
have
comparison
should
sentthe
As samples of tho
eould suggest it at such a time.
Empire
it
would
the
German
instead
of
one
Britain
noticed
probably
the
the
reader
has
ences we refer to,
brusque,
and
not
an
atom
shade
more
only
England's
have
been
a
how
inconsiderable
seating
after
which
ia
mterest in the subject is the late Secretary " hopes a more, incongruous. But these latter are little matters
it

;

—

—

may bo reached compared with the unfortunate spirit displayed in the
a spirit of amity and concord." Why not be so paper as before noticed and \re passed them over.
With regard to the reasons presented for changing this
reached pray ? What reason is there for implying a
doubt of it, and especially in the very first communica- treaty, we have lees to say. They will probably appear
tion on the subject ? Then a little farther on Mr. Blaine forcible to those who are wedded to the "expanded"
adds that " the military power of the United States as Monroe doctrine. To us they simply help to develop more
"

readjustment of the terms of tho treaty

":iii

"

shown by the recent

civil

war

is

without limit and in

clearly the undesirableness,

nay more the positive

folly of

THE (milONlCLE.

702
tlie

Mr. Blaine's very

policy advocated.

argument

first

right to occupy and fortify the surroundings of

This

built in Central America.

and we must acknowledge

demand

that

in a State paper.

change and for

all

that

it

all

canals

a bold announcement

is

we

to be actually disturbed

enough,

THE FINANCIAL SITUATION.

Britain to accord to us the

demand upon Great

covers a

are

as

old

fashioned

we read such

Are our people ready for
implies? It has been up to

we

time a favorite cause for congratulation that

a

this
this

are not

an army-ridden nation, and frequently in a boastful but

fVoL. XXXIII.

We

have had an unsettled, exciting stock market during
Speculators for a decline have vigorously
attacked first one stock and then another, and have

the past week.

succeeded in sharply pressing downward

many

of the

most active specialties. The fall in these properties has
had an unsettling influence upon the whole list, until
even the most stable of the investment securities have
yielded under the general demoralization in the market.
This situation would be impossible were there not circumstances of considerable weight, favoring the operators
for a decline. We have biiefly referred to the more
conspicuous ones in the opening to a previous article on
railroad earnings. But there is another condition which

not offensive way, our situation in that particular has
been compared with Europe's. This is well, for words
can scarcely exaggerate the burden they bear and the
blessing of our exemption.
It will, of course, be said in reply that the difficulty we
We refer to the
anticipate is imaginary, as we shall need only a few hun- some look upon with misgiving.
dred men to garrison the forts when built. Even if that anomalous standing of the rates of interest here and in
were true, the action proposed would compel a change in Europe. Any amount of money can be borrowed in New
a traditional principle which has controlled the policy of York on Governments at 4@4i per cent, while the bank
the nation ever since we have existed as such; and once rate in Europe is almost everywhere 5 per cent or higher
permitted, would find many occasions for repetition. and the open market rate very close upon the bank quotaIf this were a temporary condition, it would be of
Besides, according to Mr. Blaine, this is to be no holiday tion.

He

grows out of the

" vast no importance
but in the present state of th% gold
which
reserves of the world and of the marked increase in busi"naval establishment" of Great Britain, the like of
" in time of peace we shall never create." To be of service, ness activity in Europe the past few months, there seems
therefore, our force stationed there must be large enough to be little prospect of a speedy decline and a possibility
to hold the entire district in the vicinity of a canal against of even a higher quotation when our crops begin to move
For of what use would more freely.
this "vast naval establishment."

parade.

tells

us

its

necessity

;

Out of this fact a suspicion has arisen as to the strength
our forts be with a few companies of men against a nation so
powerful on the water, except as something to be gobbled and permanency of the holdings of our securitiee at

up on the first indication of war. Remember that gov- London consequently the rumor this week of a free sellernments now-a-days contemplating hostilities do not wait ing in this market for European account was quickly
It is believed and had a decided effect on prices here, especially
for the other side to get ready before they strike.
not their custom to announce their " fixed purpose," as our as it was accompanied by the report that the London
The Prussian army had market was in a panicky condition. The cables on Tuesday
State paper does, far in advance.
;

almost reached Paris before France realized the seriousOar only safety then would be, in
ness of the situation.
forts well provisioned

keeping our

and

full of

men,

if

we

assume the task Mr. Blaine has laid out for us.
Furthermore is it not evident that the military occupation of the canal, instead of being a source of strength in

case of a

war with such a power
embarrassment

infinite

Under Mr.

as England,

and be a

positive

we would have no way

of

communicating with our forces there, except by land,
until time enough had elapsed to build a navy, and in the
meantime England would either take the place by assault
or starve out our " irresistible " array. And from that
moment, and during the remainder of the contest, our
enemy would have complete control and the exclusive use
of this highway to the Pacific.
Whereas if the neutrality
of the canal was guaranteed by the leading powers of the
world it would remain neutral through every contest.
We should not have to defend it, and yet would be as
safe in a war as now, since the ships of neither belligerent
could pass through it. To attack our Pacific coast England would (we will use Mr. Blaine's words) " be re"manded to the voyage around Cape Horn," while we
to defend it could throw enough men over our four railroads m a week to hold it against any power, and at the
same time be in constant communication with our forces
there.

But

it is

useless to continue our examination

state paper.

anything

in it to

Monroe

are sorry to saythat

commend, except

may

we

of

this

cannot fiml

be the effect it
opening the eyes of our people to
of enforcing, even if we could, the " expanded

will probably

the folly

We
have

doctrine.

in

it

have been a prompt recovery
and there has certainly
been no recurrence of the panicky condition referred to.
That any large amounts of stocks have actually been sold
here for European account does not appear probable, for

London, but there appears

to

in the tone of the foreign market,

would cause the re««on that if this were so the tone of the foreign
weakness ? exchange market would have been decidedly strong by

Blaine's assumption with regard to the relative

navies of the two countries,

also contained a partial confirmation of this report as regards

reason of the
sales,

demand

for

bills to

remit the proceeds of

whereas on the contrary it has been dull and weak.

An

uneasy feeling in London can readily be accounted

for in the present condition of the

loan market,

when we

consider what must have been the effect there and on the
Continent, of the news of the sudden decline in Denver

Rio Grande.

&

This stock had been liberally distributed in

Europe, the reports of earnings and progress made in
by the declaration of regular

construction, accompanied

dividends, being regarded as establishing the character of
the stock as a fair investment property, and even the most

conservative of the foreign bankers could assign no valid

reeson for discrediting the securities.

shrinkage in
ations

summer and

The

decline in the

was not greater than the
stocks of a similar charactei-, and if explan-

price during the

fall

were demanded they could readily be given. Sud15 per cent, and the decline is

denly the stock drops

accompanied by the startling rumor that some of the proWithout waiting to
moters of the scheme have sold out.
investigate the truth of the report, Europeans appear to
have become alarmed with regard

to

the safety of other

and for the moment the pressure to
American
the decline could not be checked
great
that
so
sell was
and the London market was thrown into a condition of
properties,

demoralization which the cable characterized as "panicky."

When

the news was received

that

the Denver

&

Eio

Dbcbmber

THE CHllONirLE.

84, 1881.

703

Grande Company had declared the regular qa»rt«rly diri- baa bMD mora MMiljr obtaiMM* Ihaa for Mvanl WMk*
dend, the London market recovered, but ainoe then it haa past. Good borrower* with aoMpUble coUAteral* havn foand
closely followed our own and kas been more or leas in. no difflculty in obtaining funds at rMaonabl« raKa, but
when the collateral waa objectionable borrow^ra have baaa
flucncod by the course of the speculation here.
There are several storiee current to account for the
in Denver & Rio Grande.
The one more generally bcliovo<l is that the stock was raided by Mr.
Gould with the object of breaking it down to a
It is net
point which would enable him to secure control.

obliged to pay a commiaaion in addition to tb« rafolar

unreasonable to suppose that Mr. Gould does not desire to

$.^,990,592 90, which

have too much company

tic

decline

Mexican

and

rate

The heavy

of interest.

market and

its

Mock
laaaMd

th«

to

liqiii<lation

oversold condition have materially

the

demand while

ant,

the Sub-Treasury operationa reanlting in

anpply haa been imor* abasd-

the

is

a

ol

loaa

Tb« doma*-

a gain to the banka.

exchangea at interior points continue to rulfl agkiaai
with the single exception of at Boatoo, and
By obtain- the requirements at Chicago and St. Lonia appear to b*
tensions of the Southwestern system of roads.
ing control of the Denver k Rio Grande, Mr. Gould might urgent, drafla being made upon thoae cities from tb*
in

his

enterprises,

the Falmer-Sullivan grant interferes with the Mexican ex-

this centre,

also obtain possession of the Palmer-Sullivan

franchise. interior for crop purposes while a good abare of the availanother reason for his desire to secure the Denver able funds are being employed in carrying grain at
road is found by some in the fact that it is being pushed Chicago and cotton at St. Louis. The following
Still

i

westward into Utah, thus paralleling the Union Pacific.
If it should bo completed by the present managers in this
could readily be

direction,

it

Chicago

Burlington

&

made a connection

Quincy, the

show the extent
week ended December

will

movement

of the interior

ior

22.

for the

encroachments of

Reeeipit at

and SMpmenU/rom H.

Jl(M<Mlf.

a^^fv^*.

«l,003.000
610.000

$i,soe,ooo
1,138,000

T.

which upon the territory claimed by the Union Pacific Gold
and Southwestern roads, have been ineffectually resisted.
Total
•J.!;i3.<ioo
•2.A3e.000
Therefore, by getting the Denver & Rio Grande, Mr.
As above stated, the Sub-Treasury operationa bar*
Gould would defeat the ptirpose of the Quincy, and at the
resulted in a gain to the banks of $3,990,592 90.
This,
same time be in possession of the franchise for a new
with the movement of gold and currency in the foregoing
Pacific road.
It is generally supposed that Mr. Gould
has

for

the Denver

New

long period bean

a

road,

Orleans to

parallel to the

At all

endeavoring

to

secure

the

table, will indicate

following as the changes in the

bank reserve, except so far as the result may be effected
and that he projected the Denver &
by including silver certificates which are not countad as
purpose,

assist in that

Denver & Rio Grande

running the

line

for about 200 miles.

events, this threatened opposition has

orable influence upon the stock of the

had an unfavfor some

company

reserve.
Into

Bab-Treasury operations, net...

Bank: Oulof BankM jr«0a<«.

93390,S93
3,313.000

time back.

•
3,636.000

$3,990,598
'423.000

•H.203.503 S3.636.00ol S3.567.S93
Total
week was
Low.
Northern Pacific Railroad
The Bank of America aeceived $400,000 gold during
Company. This was attacked on "Wednesday and vigorthe week from the associated banks, for deposit in the vault.
ously followed up the succeeding days, and after a feeble
The only specie movements for the week have been th»
resistance it yielded readily.
It is reported that this is
withdrawal on Saturday of £10,000 from the Bank of Engthe work of a thoroughly organized pool who are seeking
land for shipment hither, and the arrival here on Saturdaj
to be revenged upon the present managers for ousting the
The foreign exof $175,000 gold from Amsterdam.
Billings management about a year ago.
The decline in
change market has been barely steady during the week,
"Western Union, which was one of the features on Thurswith the offerings chiefly of cotton and provision bills.
day, is attributed in part to the fact that the opposition of
The following table, showing relative prices in London
the Mutual Union commenced active operations this
and New York, at the opening each day, will indicate the
week. The fall in the trunk line shares is doubtmargin of profit for cable transactions.

The next most

serious depression duriug the

'

in the preferred stock of the

less

chargeable

to

the

continued

arrangements on

unsettled

con-

and
which the annual statements made
public this week show have been sustained by them.
The
"Vanderbilt properties were on Thursday singled out for
special a'.tack, so stories were put afloat that the roads had
not made enough to meet dividends, and if any were
declared they would have to be paid out of the surplus.
What truth there was in these rumors may be seen by reference to the returns of these lines given on another page.
The "Wabash stocks declined on reports that the business
of the road was falling off, that the St. Charles bridge
disaster was likely to be a serious loss, that the road was
suffering from the effects of the bad crops along the line
and that the next dividend on the preferred stock would
have to be passed.
"We give all of these various rumors and statements that
the reader may have before him the special unfavorable
influences, as well as the more permanent ones before
noticed which have acted on the whole market and helped
produce in conjunction with the others the general depresdition

to the

of business

h»avy

those roads,

Btc.

losses

sion.

Money during

and unsettling of values,

Dtc*l.

ow.at.

Om.

UmTn

lM4V

0.8.4..C.

MTSe* :i8H in 00* U8M iir«M uen Iir4»«

O.S.«<s

lOlM

118\ 117 8T»
loeji 108-88

103

.(»'<4

103

I0r44

ton*

«r47

«nt
»»M

4S-4B

*m

48 08

2d coo. IWOl
lU.Cent. isro6
N. r. C. 18SWS

lOOW
I81M
186K

MODI

IGO

181 -SS

laiK

ISO-li

IMO* U»H

ia4'«8

Brie

RMdIiw

OTH

as-ssi

as.

MDH

4SM

as

w^

srs»^

iar44
ir«8
lOOHI

ISO

U»8«

134K

184 »a
8S-4IH

w%

48*
88N

48S8
ae-tf

lUK
USM
88M
as

laow
IS4H

lar*

laa

188' 18

184

•7

81-4*

asM

Bxch'ce,

«•»«
4-S6H
4-8BM
Kxprvaaed in Ibalr New Vurk «qalTaient.
on basU of $80. p«r Tftlae.
Sz-lntarMt.

oableA.

4«M

4-88

t Readtnff
%

Mote.— The New York

cqiiiTalent

cable transfers, wlilili unliiiitrily
Intereat,

UMuraace ucJ

U

baaad opoa tbe blxhest rate for
all ohmrgaa, laah

ooren iMarl/

•

cuuiiuksloiia.

Ilere were only $440,100 bonds of the 106th call
Since then there
offered for redemption on Wednesday,
have been redeemed $5,500 more of this call, and $200,800
of the 105th,

making the amount outstanding of the latt«r
Both individuals and corporations

about $3,000,000.

appear desirous of keeping the bonds as long as they can,
finding it difficult to select reasonably safe property in

By the maturity of the 106th call, if
expected that nearly the whole of tbe
outstanding balance will be surrendered. 1-here are alwaya
which

to re-invest

not before,

this excitement

i)K.n.

W.

y.T.
jf.r.
LoiKt'n S.T. Lumd'n w.r. Land-n ,v.r.
Ttcm.* PHmh.
firtcM.* rriOM. prtut.' pH««. prietB.' rricn. writm.'

it

is

THE (JHRONKJLE.

704
at this Beasoa of

Governments
after the

1st

the year soma temporary holdings o|

which

is

it

believed

bo changed

will

and if this proves
more liberal offerings.

of January,

ease there will then be

It has been suggested that the national

to be

the

change

xmii

[Vot.

an enormous incTeaso in the number of occuon the register of voters. The leading

is

piers to be placed

new arrangement

feature of tha

banks having these a dwelling,

will be

As

bonds as security for circulation might conclude to retain
them, even after the calls matuie, rather than buy either the
extended Ss or the 4J per cents. This would hardly be
done to any considerable extent, we should think, as the
Treasurer of the United States, in a circular order issued
about six months ago, required banks to surrender and
exchange their called bonds. Still it must bo becoming a
serious question with them whether they had not better
To replace their called bonds
retire their circulation.

holder.

with 4^ per cents at 114-54 (about the price to-day), having only 9A years to run, would net them, if redeemed at
aaturity, only about 2^ per cent interest on their purchase.

occasions

entitled to

that every occupant of

is

a part of a house, where that part

is

separately occupied as

the franchise as a house-

the law has been understood and interpreted

since 1867 the " lodger "

was not

entitled to tha franchise

unless his unfurnished lodgings were of the clear annual

Now,

value of £10.
of a house, he

as the separate occupier of the part

a householder, and as such entitled to the

is

franchise.

How

change was

this

we should
London Times
that

some importance
and we are indebted to the
for many of the facts.
On two separate
effected, it is of

state in detail,

during the

last

fifty

years

the question of

reform has occupied public attention in England
to the exclusion almost of everything else.
The Reform
Bill of 1832
a bill the effect of which amounted to a
electoral

—
—

of England return for the week shows a loss
and a decrease of 1-^ per cent in the propor- revolution was passed only after a struggle which for a
The Bank of Prance reports time convulsed the Empire, and threatened civil war.
tion of reserve to liabilities.
a gain of 4,390,000 franca gold, and a loss of 700,000 The Reform Bill of 1867 was the fruit of a strnggle which
francs silver.
The Bank of Germany shows pn increase had lasted some thirteen years. It was the opinion of
of 5,800,000 marks, indicating that her supply of gold is Lord John Russell that his bill of 1832 was a final
probably being drawn from Russia as was suggested on measure. In 1854, however, he had so far changed his
page 600 of the Chronicle December 3d. The London opinion as to make another formal attempt to secure an
Eeonomist oi the 10th repeats a rumor that some of the extension of the franchise but the public showed no
and the movement was brought to an end by
treasure of the war supply of the Empire held in gold may enthusiasm
have been exchanged for an equal value in silver, and the outbreak of the Crimean war. Unsuccessful attempts
that the Bank of Germany may have drawn hence an into the details of which we cannot now enter, were
opportune supply of gold when needed. Whether the repeated in 1859, in I860, and in 1866; but in the following
Bank is obtaining her supply from Russia or from year, the Tories having come into power, a new Reform
the Imperial stock
is,
however, not material. The Bill was successfully carried through both houses of ParIt was charged at the time, and not unjustly,
increase recently reported is assumed to be gold and not liament.
part gold and part silver, but as the accounts of the bank that Mr. Disraeli had stolen Mr. Gladstone's thtinder.
do not state theso coins separately we are obliged to esti- had found the Whigs bathing and had stolen their clothes,
mate the stock of bullion updh the basis heretofore used Since that time there has been no fresh legislation on thi
The principal features of thaij
in our table. The following exhibits the amount of bullion subject of the franchise.
in each of the principal European banks this week and at act of 1867 were that it conferred the franchise on all
householders, within boroughs, who were rated for the
the corresponding date last year.
payment of poor rates, that it gave votes to "lodgers'"
Dec. 23, 1881.
Dee. 23, ISSO.
who had occupied, for a year, lodgings which unfurnished
Qold.
Silver.
Cold.
Sitter.
would bring an annual rental of £10, and that it conS.
*
verted the county franchise from a £10 rental to a £12
Banket England
20,751,003!
24,741,99!)
There were other provisions but these
Bank of France
26.125.656 46,721,020 22,055,555 49,062,532 rating standard.
Bank of Germany
6.742,237 20,226,713 8,980,333 17,960,667 have proved the most important and the most abiding.
Total tlUa week
53.618,896 66,348.333 55,777,887 67,023,139
A diflBculty has existed, from the first, as to the exact
.53.418.»39l66,759,133 55,804,791 167.320,610
Total preYloug week
meaning
to be attached t» the word " dwelling-house."
The
aliovo
etockof
coin of the Bank
Rold and eilvcr division of the
ly"

The Bank

of £41,500

;

;

H

;

,

ef Uennany is merely popular estimate, as the
information on thi.t point.

Bank

itself

gives no

The payments by the Assay OflBce, through the SubTreasury, amounted to $518,905, of which about $169,000
was for foreign gold, and the receipts by the Assistant
Treasurer from the Custom House were as follows.
Cnnsislinff

Date.

Dulia.

,

Qold.

Notes.

Deo.
"

"
"
"

16

...

17....
19....
20....

21

$561,408
505,081
535,583
651,078
474,415
272,571

C4

$148,000| $25,000
21,000
417,000

83
11
99
65

433,000
550,000
392,000
235,000

of—

Sitvcr

1,000

1.5,000

17,000
14,000
9,000

Silcer

Doltars. Cerliflcales.

$

1,000

yet the act of 18C7 seems sufEciently explicit.

" of a house, occupied

It

boroughs, as " including any

as a separate dwelling,

" ately rated to the relief of
fication created confusion

tho poor."

and

;

The

and

di

pa;

separ-

rating quali

in the Parliamentary an(

Municipal Regulation Act of 1878 a new definition

,

U.S.

And

fines " dwelling-house,' in

$85,000
70.000
87,000
84,000
69,000
2?,000

given,

evidently

ambiguity
the

is

"that part

made
is

tho

might

In

word.

house"

for

which

the
to

purpose

be

last-named

" include

removing

of

supposed
act

to

" dwelling;

any part of a house

separately occupied as a

an;

attach

dwelling."

where.^

The'

by one of the clau
" 22....
92
1,000
of the Assessed Rates Act of 1869, which practically
Total... $3,000,139 54 $2,47.'^..000 .$101,000 $3,000
$123,000
resuscitated the compound householder by declaring that]
the payment of rates by the owner " shall bo deemed &J
THE FRANCHISE IN ENGLAND—
IMPORT- " payment of the full rate by the occupier for the purpose
CHANGE.
" of any qualification or franchise which as regards rating
Within the last few weeks a very important and in some " depends upon the payment of the poor rate." In plaini
sense radical change has been effected in the electoral terms the rights of the occupier or "lodger" as regards
franchise in England.
It has been brought about so the electoral franchise are the same whether he pays his;
silently that to the general public it partakes somewhat of poor
rates directly or indirectly through the owner of the
the character of a surprise.
The immediate result of the house.
...

AN

ANT

later definition,

it

appears,

is justified

..

DBcwnt

M.

THE CHRONICLE.

1881.J

705

m

to
to Iho 23d of November Ust tho qaeation
righU of the "ludgor" has b«en rooro or loM in di<>
puta, more or less doubtful bat the Judgei h&vo now

Down

LoRBM. Batordar. DMsaber %, IMl.
soanMtioa with the np^fm tnX ot Vk»
Bnally decided in tho "lodger's" f»Tor, giving the full Indiau loan have b«^-D completed, asd a dOMMMaU* asMialiC
money, temporarily |ock»d op. haa bean telaMad. Tha mouj
weight of their authority to the doQnition of 1878, and
tlie

The arraogemeats

;

The

declined to allow further appeal

question

is

now

Bnally decided; and universal euffrago has been virtually
[t is a
established in tho boroughs of Great Britain,

in

fmnm m Md

market has in eoaseqaeaee a«raiiiMd aa Midar up
,
tbe rate* of diseooot bavit somewhat dadiaed. tha qootftUoa
io tbe open market fur three monlha' bills being 3%%u4 ptt

The Bank

c«nt.

—

rat« remaios at 6 per eent, hot there haa

beea

wonderful change all '.ho more wonderful that it should a fair trade demand, and it will be observed that althoagh
have bean brought aboat without having been the subject there has been some relapse in tbe valoe of money, aa improvament is apparent eoiopared with a few weeks ago. Tba opeo
of a single debate in Parliamnnt.
market rate of dlscoont baa within the last few weeks been
can hardly believo that there was any intention on low SH 8 per cent; bat
an adfanoe of about t per eent haa beaa
the part of tho framers of the bill of 1867 so to expand e-itablishrd on that qootatiun which will probably be maia-

u

We

the range of the franchise; but there can be no doubt that

the decision of the -Tndges

household franchise
of 18C7; and

it is

the legitimate outgrowth of the aci

is

in perfect accordance with the spirit of
It is wonderful, indeed,

the legislation of the year 1869.

many

that so

The new

is logically correct.

years should have been allowed to elapse

tained,

more specially an we are now rapidly approaching tka
when numeroos reqairementa will have to ba

close of the year,
satisfled.

The fact, howerpr, remains that there is more stability aboat
the monef market, and that a valae hat been eatabli«hed whieh
is not only likely to be supported, bat which iadieatea that tka
basiness of the coaatry

is

by no means

in

an

oniwtiftfaetarjr

meaning of the last Reform Bill was fully condition. It bai always been maintained that a 4 per cent
rate of disoount, which is ab )at tbn value obtainable for moaa/
perceived.
It aSords an illustration of the cautious and
at the proseat tim«, ix indicative of general prosperity. Th«W
conservative character of the English people and of Engis no reason for t>elieviag that the recent upward movemsnt
That the eflect of the change will be has been due to caa.ies orher than of a sound and legitimate
lish political life.
before tho

we

great

may

full

Its probablo effects

are not permitted to doubt.

bo inferred

from the

fact that in

one London parish

alone, the parish of St. Fancras, ten thousand

be added to tbe

of voters.

list

names

put a

It will

will

now and

character.

New companies and

the fresh demandt upon the

public on the part of railway companies for the coostraction of
additional works have undoabt<«dly contributed to the greater
activity

wbiuh has pervaded the money market; but althoagh

some of the new companies which have been iotrodaced to public notice have met with little or no saecess. while others hare

mighty power into the hands of the Liberals: and it will
no doubt lend encouragement to tbe more extreme men of not been fortunate
that party.

operations, yet on the whole the majorily of

schemes which have

l>eea

brought forward promise satisfactory

and many are of a character whch will give a large
employment to our working population. The conamount
of
declaration of this interpretation of the law will be the
struction of docks, wharves and railways requires mach labor
suflrage
lowering of the county franchise. "With manhood
and material, and as therd are miny new schemes under conin the boroughs, it will be impossible to preserve the £12
sideration for which the sanction of Parliament is certain to be

One

more

of the

certain and immediate results of the

tho counties. The injustice is too
The peasant classes all ever England and Scotland will demand their rights; and it will be difficult for
any Parliament longer to withhold them. With this sur-

results,

rating franchise in

obtained, the future promises to

Manifest.

activity.

prise

sprung upon the people,

it

be wonderful

will not

if

questions of land reform and Church-disestablishment are

compelled to give place to tho more
electoral franchise.

vital question of the

The enfranchisement

of the peasantry

work a revolution in British politics. Mr. Trevelyan,
the champion of that class, has at last found his opportuwill

»ity.

It is difficult, indeed, to predict the consequences

be decidedly fruitful in

But it is not this country alone which seems alMut to participate in renewed commercial activity, as there are undoabtedlj
indications of an extension of enterprise throughout the Britidi
Empire, and in all countries having any claim to be called
enterprising. If tbe hopes which are entertained with regard
to future commercial prosperity are conBrmed, our many indoatries should be awaiting a virgorous future, for althoagh there
is

much, and

increasinc-,

competition to supply the world, yet

the world is annually becoming Urger. and greater wants have
to be supplied. The extension of commerce and of eivilixatioa
naturally enlarges the world's wants, and yre may feel sure,
therefore, that although the world's progress has been, to soma
extent, checked of late, the process cannot eontinne long in force,

which may follow from this new extension of the suffrage;
but we agree with the London Times in saying that it is
" very little to the credit of Parliament that it should have as natural and reasonable aspirations in any community cannot
" been accomplished by what if we take the most charitab'e be long subdued. Oar Australian colonies continue to borrow
"view of it must be regarded as an act of pure inadvor- money for works of importance and utility, and some are of
opinion that loans are being brought forward at too rapid a
" tence."
Colonial government loans are, nevertheless, held by
rate.
|?(l0ttctinrg!®oramerctatgtigltsIxltctus investors with much confidence, and the colonial govemmenta
are able to borrow money at a rate of interest which is certainlyBATBS OF BXCHANQE AT LONDON AND ON LONDON very low, mor* especially when it is borne in mind that AusAT LATEST DATBS.
tralasia is a Continent of quite recent development and ia

—

—

mXOUAHOK AT LONDON-Hot. 26.
On-

Time.

Anuterdam
Amaten^jun

Hambarx

. .

Berlin
Frankfort.

«t2ni«

Deo.
Dee.
Deo.
Deo.
Doe.

.

l2-2'«

"
18-45 «l!*-48
'
2478924 \
Bt-Peterfbg.
Dec.
Pari*... .„. Short. 25-20 »25-30
Deo.
Parti
3mo6. 25-57>«»a5-65
Vienna
12-00 «12-02>s Deo.
••
••

Oadli

Oenoa
Usbon

....

&1>951H

Alexandria

New

4G°83i6>a
46>^34i>>a
26-15 «26-,45

.

York...

Bombay

.. ..

OalcutU

60 days
'•

Hong Kon^..
Sbao«hal

....

la.

TTgrL

l3.7'»d.

3 Short.
.3

3
3

Short
'•

"

a

3 LoofC.
8 Short.

3 Smoft.

Not. 30 Smofl.
Deo. 3 Short.
Dec. 3 4 moe.
••
Dec.
3
••
Deo. 3
Deo.
3

Sound

credit

and judicious enterpriae

1215

which money

may

be safely and remuneratively employe^

20-43
20-43
20-43

Australia will for a long time to come hold a high place.
A few yaaia ago oar trade was augmeated by the f oreiga
loans whieh were brought forward upon the Lendoa money

25-23 >a
25-26
118-50

market, which enabled certain governments to make parch as sa
had. aa
of material for various porposes. Those govemmenta
doubt, a commendable object in view, bat they were pramatoia
with their schemes, and -were unable to carry out the objeata

....
....

Deo.

in its infancy.

25 27'«

Batt.

....

3 Short.

still

should exercise a very material influence in developing the
resources of Australia and New Zealand, and there is undoubtedly a firm belief that amongst the countries of the world ia

....

Oopenhafen.

Madrid

Timt.

DaU.

3 mo«. 12S>4 »12-5\
••
25-65 »25-70
"
20«9 » 20-73
'•
20-69 «20-73
•*
20-69 »-.0-73

Short.
.

Antwerp

BaU.

BZCHASQB OS LONDON.
LaUtt

28-50
OJ«i
4-80

J*§J»«5l*8»i.d.
3ii.P%l.
Be. t>al.

they had at heart. The discredit which has reeantly bass
attached to the foreign loan market is now patsing away, and
were for
foreign loans would attract some attention, if they
countries whose govemmenta sought to utilize the proceeds In

such a manner as to lead to the

belief that

works of a chataotar

—

.

.

THE (mUONICLE.

706

and as that work seems

to

;

be about to take a more

substantial form, the world's activity ehould be proportionately
great.

The value of money has been declining somewhat during the
week, but the rates of discount are moderate, and are as follows:

:

Per

Bank

Per cen'
rates
4 -5=4^
4 mouths' hank hills
4 © 1 ^s
6 moutUa' hank bills
4 <&; montlis' trade biU9. 4 ®5

Open market

cent,

5

rate

Open-market rates—
30 and GO davs' biUs
S^s® I
S'^ea-t
3 months' hills
The following are the rate of interest allowed by the joint
stock banks and discount houses for deposits
'

:

Per cen

3^^

do
with 7, 10 or 14 dayV notico of withdrawal
Tenders were received at the Bank of England yesterday for
JE1,930,000 in Treasury bills. The whole was allotted in three
months' bills, tenders at £99 Is. lid. receiving about 60 per cent
and all above in full. The Government is paying therefore
about 3% per cent per annum for loans.
Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of consols, the average quoiatioa for Eaglish wUmt, the price of
middling upland cotton, of No. 40 mule twist, fair second
quality, and the Bankers' Clearing House return, compared
with the four previous rears.
1881.

1880.

1879.

&

£

25.5.39,790 26.219,025

Oiroulatlon
Public deposits
Other deposits

4,226,124
24,877.610
13,241,014
22,942,2^6
10,798,913

Governm't securities.
Other seciu-ities
Ees've of notes & coin.

5,379.710
24 441.013
14.863,019
13,105,045
14,722,361

&

&

27,539,630
2.755,629
29.965,269
19,169,934
15,143,596

29.405,285
3.993.762
25.H69,4«6
14,737.624
20,728.354
11,958,971

27,733,246

26,3J4.256

bullion

both depai'tmeuts..

20,588,703 25,941,586

Proportion of reserve

36-40
5 p. c.
9938 xd.

to liabilities

Bank rate
Consols

Eng. wheat, av. price.
Mid. Upland cotton.
No. 40 Mule, twist.

45s. 4d.
63, nd.

.

10=8(1.

Olear'K-house return .133,845,000

3

2»9 p. c.
9914 X d.

5

p. c.

44«. 5d.
638d.

cl.

7a.
6i3,,d.

Pr.

Parts
Brussels

5

4%

51-j

51.1

Amsterdam

413
Ski

at the princi-

Bank

&

other

Spanish

cities

4

Petersburg...

6
6
5

Madrid
St.

Frankfort

Geneva
Genoa
Copenhagen

Vienna

4

Bombay

Hamburg

Open
market

rate.

Pr.

41^
414
4!^

Berlin

Pr.

ct.

cl.

5
•

6,507,500

13,516,000

30,525,872

30,753,317

29,872,993

471,046

505,072

297,037

666,833

Result
30,557,932
Av'ge price of English
wheat for season (qr.)
48s. 7d.

30,019,800

30,461,310

29,206,160

Deduct

exi>orts
flour

Visible supply of wheat
in the U. 8.... bush. 20,600,000

41s. 5d.

16,200,000

lUFOSTS.

1881
owt. 17,139,390

Barley
Oats
Peas

3,859,4i)8

Beans

446,316
7,682,935

2,956,403
589,376

com

1879

1.830

Wheat

2.864,183

17,160.803
4,141.834
3,574,617
813,039

21,016,9.54

475.288
10,935,513
3,190,752

5,568,709
4,986,924
688.589
770.866
6,193,643
3,233,893

1878
14,459,7'31
4,'236,622

3,364,539

582,280
434.116
9,206,697
1,897,263

EXPORTS.
1881.

Wheat

cwt.

Barley
Oats
Peas

Beans
:..

Money has been

429,301
15,111
233,833
23,592
11,107
57,411
41.745

1880.

1879.

1878.

460,686
4,605
149,159
51.654
13,904
69,243
45.386

259.3S2
5,649
15,178
30,779
11,004
299,133
37,655

610,340
31,481
35,495
5.488
2,368
86,9!)6

26,493

5

imports,

sold at 51/id. per ounce.
The Bank of British North America has declared a dividend
of 25s. per share, being at the rate of 5 per cent per annum.
subscriptions to

£400,000 debnntures, bearing 6 per cent interest per annum, and
1 per cent redemption fund. The price of issue is £102 for
£100 debenture.

change has taken place in the value of wheat
during the week. The trade closes with a somewhat steadier
appearance, but with no activity. We may expect the trade to
rule quiet during the remainder of the year. The following
are the quantities of produce afloat to the United Kingdom
little

;

Wheat, 2,591,000 quarters
flour, 120,000 quarters
Indian
com, 234,000 quarters. The weather is remarkably mild, and
;

green food is very abundant. The consumption of bread is,
therefore, below the average, and there is some probability
that, owing in some measure to the mildness of the season, and
to the delay in closing Black Sea and Baltic ports, our stocks
of produce at the close of the year will show a decided increase
compared with the last return. The weather has been very
favorable for autumn sowing, but colder weather is desirable
in order to keep vegetation in check.
During the week ended Nov. 26, the sales of home-grown
wheat in the 150 principal markets of England and Wales

amounted to 52,490 quarters, against 46,010 quarters last year
and 38,580 quarters in 1879; while it is computed that they
were in the whole kingdom 210,000 quarters, against 264,000
quarters and 154,320 quarters. Since harvest the sales in
the
150 principal markets have been 636,061 quarters, against 569,-

10, 1881.

good demand during the week, and the
open market rates of discount show a moderate improvement,
the quotation for three months' bank bills being i% to 4^ per
cent. Gold continues in demand for export, but the supply
held by the Bank of England has increased, owing to the return
of coin from provincial circulation. The position of the Bank
in

an improving one, the proportion of reserve to liabilities
39^ per cent. That ratio, however, of assets to liabilities does not by any means justify a lower rate of discount
than five per cent, and it fully accounts for the increased
firmness of the open money market. The Board of Trad*
returns issued this week confirm the general belief in an improved condition of our commerce. Our export trade in November was very satisfactory, and the tctal for the eleven months
compares very favorably with last year. Our home trade has
also improved, and has been more active than for some years
past.
The year has also been fruitul in new undertakings, and
these have caused money to move about somewhat freely
during the year. Business is still believed to be very sound,
though profits are said to be small, and the present interest
rate is calculated to keep injudicious speculation in check.
During the remainder of the present year money will be
being

6

invite

483. 4d.

29,800,000

during the first fourteen weeks of the season, compared with the
corresponding period in the three previous seasons.

is

and the supply held by the Bank would have fallen off considerably had there been no return of coin from Provincial circulation. The siilver market has been very quiet, and fine bars
are quoted at 51%d. per ounce. Mexican dollars have been

The Minas & Rio Railway Company

423. 4d.

24,200,000

The following return shows the extent of the imports and
exports of cereal produce into and from the United Kingdom

6I3

The movements in gold daring the week have not been import-

;

9.374,315

31,0.'8,978
or

5^
4

4

ant, but the export inquiry has been in excess of the

Very

....11.023,100

Total

LoHDOs, Saturday, Dec.

5d.

10
9d.
io%a.
91.932,000 123,564,000 103,829,000

ct.

1878.
14,459.731
1,897,262

home-grown

3d

433.

46.^.

market.

1879.
21.0in,954
3,233,893

94%

lad.

money

1880.

17.460,803
3,190,752

p. 0.

9713

:

rate.

of

produce

Indian corn
Flour

The following are the current rates for
pal foreign centres
Bank
Open
Pr.

Sales

Indian
Flour

1373.

lti,34H.678

1881.
Imports of wheat. owt. 17,139,390
Imports of Hour
2,864.438

wheat and

.

3^
a%

Joint-stock banks
Diflcouut liousos at call

Com and

XXXIU-

672 quarters and 366,133 quarters the estimate for the whole
kingdom being 2,544,250 quarters, against 2,278,700 quarters
during the corresponding period of 1880 and 1,501,750 quarters
in 1879. Without reckoning the supplies of produce furnished
ex-granary at the commencement of the season, it is estimated
that the following quantities of wheat and flour have been
placed on the British markets since harvest. The visible supply of wheat in the United States is also given

likely to lead to beneficial and remunerative results were to be
tindertakeu. The work of developing the world must continue
to progress,

[Vol.

wanted. Some are of opinion that there will be a decline in
the Bank quotation early in 1882. but the probability seems to
be against such an expectation, as a year of activity is very
generally looked forward to.
The present year is closing
with many indications of life, and during the past week
several new schemes have been introduced to public notice.
The more important is a new railway share trust company
with a capital of £6,000,000, which has lor its object the purchase of sound British railway shares to the extent of the support afforded to the committee by the public. Many schemes
of this description have been introduced of late years, and
they have met with a fair measure of success. The present

undertaking is expected to be well supported, though the
public are not so enthusiastic respecting an equalization of
interest as they were. Many investors prefer to lay out their
surplus capital in the same manner as is proposed by these
trust companies, but they do not care to entrust to others what
In cases, those
can be safely undertaken by themselves.
inaugurating the trust have speculated largely upon it, and
such a course as that can scarcely pnimote confidence. The
control of so large an

amount

of capital as

some of these trust

undertakings obtain gives an enormous advantage to the few,
but a large section of the public appreciate the idea, and diffl-

1

—

Dbckmbkr
ealty

THE CHllONJCLR

24, 1881.]

•oldom experionoed

in

.

.

\m

bmmmij aapport.

Moarlng the

Krj>orirdl»—
Pani

qiiotationi for mone/ :
Ptr ettl. OiM-nniiirlirt nitr*—
Ptr rtM,
A iiioiiiliii' iiiiiik lilIU
S
4>a«4S
U moiiiliK' iMiiik hllla
4>i»4H
4 A luuuvlu' trade bUto. 4>*«3ia

The foUuwing aro the prea«Dt
Bank

rata
Oiieu-niurkrt rktra
30 >n>l 60 duva' bUla.

3

('bin*

«ulaM*
lodla—
Horabay

Oil

«

«

£

excliul-

In;: r.. ink piml bills.
PllllllC .l0|H situ

lu.iHMt.ris

G..

iHlU-a.

i:i.2i:t.!>iil

Ol

s

31.24«.IT.'5
4.4Sl,:illl
2H,:i(li».li;i.')

2i,:ii:>.o;ii

U.:)t!.'),01U
•.•o.iaii.iio

colli

ll.O8S>,0J7

13,1)82,775

13,550.654

1.7.17. IIJ I
2i,:»itt s.>ti
0.740.8.'il

Colli iiiul liuUioii In
bolli it('piirtiiiriit«t..

20.785,037

25,012,243

27,669,604

23.005,026

.fe

Pr(ii«>i tlidi

89-50
5 p. o.

titte

3

3 P.O.
osiex

Ooiisols

Bank

Open

rati.

market,

Bans

5

Bmwirla

Sij

Amsterdam

5

Berlin

5

Pr.

5

p. 0.

p.

Open

rale.

market.
Pr.

Spantab
4"8
41a

oltieg

Frankfort

4<>8

Hamburg

4>9

3\

Bengal

4

new Russian loan

is

spoken

l,e!)3,800

3,040,709

nraad total
328,584,300 423,631,100
Other manufactures of cotton show as follows:

406,430.600

In

Kxports

November....

In

months

November....

1880.

01,631

IM.vn.-)
ft9,6«5
l,06O.;<OO

54.5-<3

039,161
67.-22i

K7.'2-25

4.101,141

5,7O.M0»

1891.
187.609
75,533
1,451. |m2

01.677
5,551,047

>

1879.

1880.

1881.

£

£

«.

1,404.269
8,661,199
2,634.234
0,109,213

9fiWfi*<

563.474
12,026,770
4,16^,371
15,500.lii3

7I336»
1,144,110
14,812,U03

612,70-2

.57a.»70

513,413

0.769,070
1.010.552
10,334,161

6.(KiU.ri09

6.311.727

t!3H.iiM
6,80-2,178

537.573
6.C11.30S

TOTAL OOLD AKD SIITKR.
Imports In November....
montlis....
Imports In
Bxiiorts in Noveinjer.
Kxporta in 11 months...

n

. .

..-,

.o

1,176.176
22,606,740
5.1 57,023

I

25,834,.564

1...........

..

•••"7,301
-.271
.682
..,...i.59«
'.

There has been a little more animation in the trade for wheat
week, but the amount of business in progress has been far
from extensive. Prices have not materially varied. The
weather has been \ery mild until to-day, and there are now
some indications of winter. The quantity of wheat afloat to
the United Kingdom is estimated at 2,671,000 quarters ; floor,
this

condition of the
satisfactory,

Il»fit9fi09

in bullion

Exporuln 11 mouths....

4

fiom

1.623,600

SILVER.

933>s

The

far

2Hl,27S.tO0
132,420,000

29l,ait,9«>0

01,406,100

Iiiiliorls in II

7

of.

u

235,:84..50O

Imports In November....

el.

ounce.

A

37,7U,SOO

It months....
Ex|K>rtNln Novemlier....
Exports In 11 montbs....

silver

finances of the Imperial Treasury

S,MSiMV

.'ii.ihj.inhi

liii|M>rts In

market has been very quiet during the week.
There has not been muuh demand from any quarter. Fine
bars are quoted at 52d. and Mexican dollars at 61^d. per

The

HI

2n,.itr,',u><i

Imports

63»

8t. Per«r8biirK

e,»70,40»

m,lMJO»
7.raa,ToO
t.XMMM

OOLD.

5

.

3,900,10»

BJ.MS.MW

during the month of Norsmber
and in the eleven months were as follows:

Madrid and other

Qeneva
Oenoa
Copenhagen

Vioiinu

Sank
Pr.el.

t.l

xi

.

The movements

I!.

9mi

9718

cl.

J

187II.

centres
Pr.el.

l:

Lnoe and patent net
£
HiMlery of all sorta
£
Tlire^Hl fur sewing
Iba.
Other iimiirs..iiotnnuin'at'd£
Tor. value of eotton manfsf

40k. 1 111.
448. 1 la.
44a. lOd.
46b. 7<1.
Ene. ttlieat, uv. price
4is,«l.
7>«<1.
6»8l.
Mid. l^iliiiul cnttun..
10>9<1.
40uiiilc
twiHt..
IOHkI.
Ud.
No.
0»B.l.
eiearlnx-Honav mt'n. 119.776.000 151,020.g0o 86.4 1 6,000
6.220.0OJ
The following are the current rates of discount at the prin

dpal foreign

T

Htralta8«tU«llMaU

1

of reserve

to liiiliUitica

Bank

1.^.64!).1;'S0

KrnmX

»!
">
-i

Total luiblaaobad or bleaobiid
Total prtnted,d7ad,or Mlored
Total mixed matenala, ootton
prwlomlaatliig

«

2li.029.470 27.0SS.n.'S0
«.20i>.017
;t.0-».'>,t38
2x.U27.;)H.'5
2-l.J 1.173

t,n»,aOO

'

'-eylon

1878.

25.44:^,34()
4.9l).5,liU
22.M.'js.80l

4441,000

1,673,700

87 r

Australia
Uitaer oountrles

:

197D.

4.7M,aOO

>;•<>">•

rate of dlaooant, the price of cnnitoln,

1880.

WiSHM

Brttlah

3\

1881.

ijr

.

3<ll,iOO

*

Afrlea

the average quotation for Eni;lish wheat, the price of middling
npland cotton, and of No. 40 mule twist, fair 2d quality, and the
Baukera' Clearing House return, compared with the three preTious years
Ctn'iiliiiliin,

lj»
I

Brtilah PoaacMldOS la Boulk

a statement showing the present position of the

is

wt

7J

Brttlah North AaMrtoa
Britlab Weat India Itiaads

3><
3>^

Bank of England, the Bank

;,|

•/

'

lalMMS

MalU

with notice

i

OlbraHar

niuiiltaa' hllla

Joliit-atock banka
Dlavoiiiil houaoa at call

\r^

iMn.rmfi

4-

,

PiilllralDfl

;oo

.'ii

7a

lanU.

rar-u.
1

.

aad BoQf Koog

iaput
Java

Th«> following are th« rates of interest allowed bjr the Julutstock bankH and dlocoant hoaseti for deposits:
Par ttn'.

Do
Annexed

707

and

101,000 quarters Indian corn, 2.16,000 quarters.
During the week ended Dec. 3, the sales oi home-groWB
wheat in the 150 principal markets of England and Walea
amounted to 47,132 quarters, against 44,286 quartets last year
and 38,428 quarters in 1879 ; while it is computed that the/
were iu the whole kingdom 188,530 quarters, against 177,150
quarters and 153,720 quarters. Since harvest the sales in the
150 principal markets have been 683,193 qnartetw, against 613,958 quarters and 404.561 quarters ; the estimate for the whole
kingdom being 2,733,000 quarters, a^aimit 2,453,850 quartets
andl, 655,500 quarters in the twb previous Sea.'<oa«, respectively.
Without reckoning the supplies of produce furnished ex-granary at the commencement of the season, it is estimated that
the following quantities of wheat and Hour have been plac<>d
on the British markets since harvest. The visible supply in
the United States is also given
;

experienced in obtaining money at home. It
is stated, therefore, that the Government of Russia are about
to appeal to Europe for assistance.
The Board of Trade returns have been issued this week,
and they are very satisfactory. They show the following
great diflScolty

is

results.

1879.

Imports

In
Import!! In
Export.-* In
Exiiort;^ In

1880.

November

£34,343,393

£38,429.382

eleven niontbs

32ri,80«. 1 8.5

37(i,773,204

17.0.51,955

18,864.700
204.695,737

Novembt-r
eleven montlin

The followincc
Novmber 30:

174,927,552

figures relate fo the eleven

1881.
i3».2K!).7=4
3(i2.4J1.0!IO
20.7l:t.l<i4
213.75ti.!»U7

months ended

dcpohts.
Cotton

owt.

1879.
11.233.263
EXroHTS.
IS79.

Cotton
Cotton yarn

owt.

Iron and steel.

Linen yam
linen pleea goods
Jnte manufactures
yards. 149, 106,900
1 ,.^.> ,342
Bilk manufactures
£
lbs.
aittoU wool
12,162,100
Oolonlnl and foreign wool.lbs. 224,480.836
29.42!i,700
Woolen ynru
lbs.
Woolen clotb.s
4l,.i91.(>00
yards.
Worsted stnlTs
yards. 170,470,300
1

Flannels
Carpets

13,534,-i!52

1»80.
1,778,607
196.486.300

1881.
1.674.127
232,:(.>1 ,noo

1881.

:

1,.'>07,727
lbs. 215,ii77,900
...)-ard8.3,39!>.3S)9.00,) 4,l-.i3.231,900 4,39(>,e:i(i,20o
~
"
2.639,.")49
"
3..">lS,ill
tona.
3,558.324
1«..534,800
lb«.
l.'>,943,000
15,039,100
1.59,799,.-.00
yards. 145.180,430
1.52.383.000

Ctottou piece gooda.

BlomkeUA

1880.
12,975,275

bbuiketing..yd8.
yards.
yards.

5,132.100
4,!(18.700

6,091,800

165,923,900
1,844,102
16,249,200

187,523,800

215,.536,689

243,38l),217
26.632,01 P()
50.1)- 1.200
17.5,417,300
5,.599,7o0

24.002,100
46.108.900
174,699,100
5,641,000
5,556,800
8,911,500

2,32."i,<)«2

12.438.500

7,429.200
9.020,100

The following were the Quantities of eotton manufactured
piece goods exported in November, compared with the eorresponding month in the two preceding years
:

1879.
Yard».
3,730.600
2,100.400
3,« 11,200

Eiporled lo—

Germany
Halliind

France
Portugal, Azores
It«ly

it

Madeira.

Austrian Torritortea
Greece

Turkey
EKJPt
West Cwuit of Africa
United States
Foreign West Indies
Mexico
Dulled Stales of Colomina

(NewOranada)
BtbiU

Olim

4,144.200
1,081,000
2.748.700
21,336 600
7,519,000
1,567.800
3.202.200
.5,-.'78.600

3,152,400

R

pubUo

596.'200

3.172.100
39,214,600
21,682,500
2,680,100
2,696,300
8,224.800
4,179,500

1851.
Tard*.
2,845,300
2,564,000
4,1m7,.i()0
5.'<89,1()<I

6.218.100
1.(>8(,I04I
8.(i7.'.-00
4.5,990.I<XI
14.4(Mi.<uxi

2.236,20O
3,1194

,(H>.

I

6.80<MiHi
4,639,700

4.441.<;00

4.482.n00

00

18,631,900

1.588 300

3.29:1,500

23,81 14.6<">
!2 071».llMl

4.331,300
3,387,000

7, 56.000
3,239,700

6.23 J. <X'
8,Oo2,SOO

2,7-'0,700
20.11? 1.1

Uruguay
Argentine

3.883. .500

1880.

TanU.
2.559,900
2.769.300
4,907.700
6.186.300
6.060.300

1

I

•

1SS0-8I.

Imports of vrheat.cvftl8.0-J0,841
2,975.137
Imiwrts of flour
of

Sales

1877-78.

22.:»71.377

1.-..402.817

3,503.953

3,443,U)1

2,004,324

10,641.933

7,173,600

14,919,000

33,050,062

32,991,568

32,012,141
^„_ ,_.

187!>-^0.

homegrown
11,812,000

produce

32,837,078

Total

Deduct
exports
wheat and flour

of

501,086

32,333,802
BeauU
Av'ge price of English

wheat

1878-79.

l:!,»(i2.17I

for 9«yi«in (IK).

48a. 4d.

524,586

301,434

33,525,476

32,687,134
„.
.„

...

42a. 6d.

48a. 3d.

supply in Uiiit'd
Statc«...:......buab.20,600,000

,__

603.434

3'.,318,707

.^

,,

41a. Od.

._ _.. __.
17.045,080

ViBililc

24,600,000 27.850,700
following return shows the extent of the imports and
exp<.>rts of cereal produce into and from the United Kingdom
during the first fifteen weeks of the season, compared with
the corresponding period in the three previooa aeaaons :

The

IMPUKTS.
1880-81.
1870-90.
18.902.17I
4,038.4!K)
4,085.110
Barley
3,754.803
3,153,138
Oata.:
96.3,368
658,303
Peas
.593.730
467,027
Beana
11.31-2.806
7,080,8»l
Indian com
3..503.»33
Flour .™V:.::i:.l.... 2;973,137

Wheat

cw«.18,62.«,841

Wheat
Barley
Oats.:
Pcaa

owt.

.....

"...

Beans........
Indlai

Flour

00m

. .

„"...

BaKllali

__

2-2.374,377

__
1877-,8.
15.402,817

5.HS8.202

4..56e.20*

1878-79.
5.277.1.b;

7P9,o72
t.53.667
6.101,3>'5

3,740,1OT

?3?9|

„ 477,103

3,443,591

0.604.466
2,000,334

XPOKTW.
473,632
460J80
B,.573
17303

26.5.402

MS*^

168,360
54,370
14.374

3I.«>«3

264,329

2C254
11.066
57,552
43,687

T7.I19U

48,954

5.71-5

15,674
II.S.S
301.993
40.032

"•gSS

SJ^Sff
3.4«3
»0,14a
37.086

S.M

narket Keporia— Per Cable.

The daily dosing quotations for securities, 4c.. at London,
and for breadstoff.t and provision-* at LiVMrp«M<l, are repoltM
by cable as follows for the week endiiu; December SX:

:

THE CHRONICLE.

708
d.

1207e
4433
13012
G113
3434

33-25
10512
II7I9
120=^
44i«
1351"
G414
31=3

13!)l9

Ii3;)i2

10512

Pliiladelphia & Reading. 35I9
140
New Yorlt Central
Liverpool.

.*.

rf..

d.

s.

O

14

O

14

.

Winter, West., u

"

Cal. -white
mix.. West.

"

Com,

d.

O

10

14
10
10
10

"

.

O

17
91

G

O

56 O
54 G

50
51

O

tion to

1 05 la

U7>2

II7I2
121

50

O
O

5

O

91

-.11

G

4

997,6

133
63

1311-j

Gt

34 14
13812

3458
13313

U
10
10
10
5
72
17
91

83-.-50

I05ia
II713
121
42=8

03%

Wed.

17

G

9V<3is

43%

43%

72

56
54

1051a

120 Vg

10 G
5 10

5 10

72
47

Pork, West, mess . tp hbl. 72
Bacon, long clear, new..
Beef, pr. mess, new.^te.
Lard, prime West. Ig cwt.
Cheese. Am. phnicp. new

993,6

131

7
8

10 10
10 7
5 lOia

5178

1

d.

».

Fri.

Tliurs.

99-!i8
31-071-3 83-75

Tiics.

Atoyi.

Sat.

Flonr (ex. State 100 lb. 14
"
10
Wheat, No. 1, wh.
"
10
Spring, No. 2...
.

9!JB|6

9!>5i8

05

Pennsylvania

991,6

99h8

1171-2

stock
Illinois Central

7
8

Sl^s
991,6
995 6

II7I3
121
4618
13631

common

a.

Wed.

5U3ie

U. S. 412a of 1891
U.S. 4s of 1907
Erie,

d.

Tues.

51^
81-30

—

s.

Moil.

Pr'cli rentes (in Paris) fr.
U. S. 5s oxt'n'il into S^as 10.".%

XXXin.

Texas Trunk. At a meeting of (he creditors of the Trunk
Railroad of Texas, at Dallas, Messrs. W. JI. Rogers, Richard
Morgan and A. Newlin were appointed a committee to ascertain the indebtedness of the road.
After an examination they
report that the road owes $114,227 70, the creditors being principally in Da'.las and Maufman, and the'/ think that there are
other claims against the road enough to make its indebtedness
$125,000. The road has no money
Attention is called to the notice that the East Tennessee
Virginia & Georgia Railroad Company, as lessee of the Memphis &
Charleston RR., will pay the nast-due coupons at the office of R.
T. Wilson & Co., this city, of the latte r mad which have not heretofore been bought in by the lessee, and will putchase at the par
or face value of same the coupons maturing January 1, 1882,
on presentation on and after January 1, 1882.
The attention of the cotton and produce trades U called to
the card of Messrs. Hinson & Blonnt in to-day's Chrokicus.
Thifi firm is composed of young and energetic men with ample
facilities, besides having an extensive acquaintance in the
South. The firm is repre.sented by one of its members in each
of the Exchanges— Cotton and Produce — and gives special atten-

Sat.

51^4
993,6
997i6
Sl-80

London.
Silver, per oz
Consola for money
Consols for account

[Vol.

3413

138
Fri.

Thiirs.

5
8

7
10 C
5 10
72

8

6
91a

G

—

—

'•

futures."

— Coupons of the Buffalo New York & Philadelphia Railroad
will be paid on and after Januarys, by
Martin & Ci). Also by the same firm the coupons
of the Allegany Central Railroad.
Notice is given by the Indiana Bloomington & Western
Railroad Company that the semi-annual dividend of 3 per cent
will be paid on the outstanding income bonds on and after

mortgage bonds

first

Mes-srs. Post.

Nation.^l Banks.
organized

—The

followia^ national baaka have bomi

2,601.—The Chicago National Bank, Cliicngo,

111.

Authorized capital,

President; Itonryll. Nash, Cashier.
N. Y. AntUoiized capital,
Meander Frcdeiilmrg, President ; 86th W. Hubbard,

.$3ii0.000.

.TiihuK.

W.-vlsli.

2,602.— Tlie National Bank of
$50,000.

Staiiiford,

Cashier.

2,603.— The Manufacturers' National Bank of Neonah. Wis. Authorized
Iliram Suiltli, President; U. P. Finney,
cai)it:il, $03,000.
Cashier.

2,604.—The Winters National Bank of Bny ton, Ohio. Authorized capiJaiuos C.
tal, $300,000. Jonathan H. Winters, Prcsideul
;

Kebcr, Cashier.

—

1878.

jFor TFeefc.

Gen'lmer'dise..
Total
Since Jan.

1879.

$1,102,300
3,290,475
$4,393,335

1880.

1881.

$1,740,841
0.544,301

$1,532,504
5,875.831

*l.e3:i.540

$3,235,202

$7,408,335

$3,179,501

0495,938

1.

Ury Goods
Gen'lmer'dise..

$74,008,324
207,217,401

Jan.

$90,092,018 $117.8,30,451 $107,034,719
24'2.309,844 347.980,495 314.500,081

Cons. Gas of BalttTuoro 39 19
233 lirooklyn Gaslight Co.. 123 i-j
412 M.anhattan Gasl'ht C0.2ISI3
50 I,a Clede Gas Co. of St.

8

L'>iiis,

1879.

Prev. reported..
Total s'ce Jan.

1

333,353,429

Iron

Sclioolcraft

$0,032,474
397,113.630

Co.

diviwill be

sold the f ollow-

Town

Lot Co
$11 p. sh.
Hall Asso'n
51

1 Clinton

490 Kcnawha & Elk Kiver

& Miniuf; Co.,
$700 Little Kanawlm
A Elk Kiver Petroleum &
Petroleum
aird

Mliiins C(>. certiflc'oa. for
$5
5 National City Bonk ....266
10m.Jersey City Gaslight... 103»«
.50 Pliemx National Uauk.lOGi*
107ia
loN. Y. Kire Ins. Co
10 Sterling Fire Ins. Co... 67
2 Stei-lini; Fire Ins. Co. .. 66ia
90
estarFire In*. Co
109i8
32 N. Y. Gaslight Co
21 Merchants' Nat. B'k .xl30>s
5 Central Paik North &
Eist, River RK
136>a
8 Union National Bank..l55ig
50 Brooklyn GasIigUt Co. .125
300 Moutaiik
Coal
Gas
$15 p. ah.
Co
Bonds.
$4,400 Gaslisht Co. of Balti-

more Gs

of

Michigan; 100 Denver
Mariposa
200
Mining;
Mining (cortiflcato dated
1870); $0,000 Mariposa
bonds; coupons October,
180-7, and since, on; 10
shares Homestead Fire
allfor$39
Ins. Co

certificates

.

92

$7,000 Consol. G;ia of Balti104>8
more 0.4. due 1910
$5,00 I, a Clede Gas of St.
105
Louis 8^, due 1888
$800 La Clede Gas of St.
Louis 6s cortiHcates, pay100
alile after 1836
$3,750 U.S. Life Ins. Co. scrip 68>«
1

BANKINCJ AND FINANCIAL.

1881.

1880.

$8,55 1.805
337,953,009

xllO'3

Railro.id
SB's
20 Mo. Valley Land Oo.S") p. ah.
2,000 Grant Mining; 300 International Coal & Railway, Nova Scotia; 6.500
Esiex & Diadem Mining;
2.000 Denbo Min'g; 1,041
Mining;
400
Ilolyoke

:

1878.

Mo

180 Home Fire Ins. Co. 151 a 1.50
100 U. S. Life Ins. Co
.111
202 Iowa Falls & Sioux City

following is a statement; of the exports (exclusive of
from the port of New York to foreign ports for the
ending Dec. 20, and from January 1 to date
EXPORTS FROM NEW YORK FOR THE WEKK.

$7.2G'J.771

-I

a

Sharcs.
31 Sioux City & Iowa F.ills

15 Metropolitan Nat.H'k.xiabia
1,500 Mechanics' Nat. Ba^k.

xll8'a«14RMi
10 Clinton Insurance C0..I5313
213ia
GO Ci'Utral Trust Co
2i-*
30 Continental Ins. Co

Books

1S82.

9,

MuUer & Son

.

30 Seventh Ward Nat. B'k 9313
30 National Park Bauk..xlGli3
25 Nat.B'k of Commerce, x 146I3

The

-week...

January

Auction Sales.— Messrs. A. H,
ing at auction this week:

specie)

For the

Metropolitan National Bank has declared

5 per cent, payable
closed until January 10, 1882.

In our report of the dry goods trade will be found the import a
of dry goods for one week later.

week

1S82.

dend of

*281.315.733 $332,401,862 $405,810,946 $121,381,830

Tot.al

3,

—Th-3

S/iares.

Imports and Exports for the Week. The imports of last
week, compared with those of the preceding week, show
an increase in both dry goods and general merchandise.
The total imports were $8,179,50-4, against $i>,993,643 the preceding week and $7,279,494 two weeks previous. The exports
for the week ended Dec. 20 amounted to *-S8,500,000, against
The
554,911,998 last week and $7,100,090 two weeks previous.
following are the imports at New York for the week ending
(for dry goods) Deo. 15 and for the week ending (for general
merchandise) Dec. 16; also totals since January 1:
FOREION mPOKTS AT NriW VOBK.

Dry Goods

—

•68.500.000
303,513.328

$341.128,'!00 $3 16.507.874 $404,016,130 $372.013.3-!8

The following table shows the exports and imports of specie
at the port of New York for the week ending Dec. 17 and since

l^" THE OPENING OP A NEW TRUNK LINE FROM TH«
ATLANTIC SEABOARD TO THE WE3T is an event •! so maeh
importance that wo have taken more than our usual pains to lay tha

January

information before our customers and correspondents.

*

Estimated.

Oustom House.

We have been

unable to procure the

fl.{uroa

from the

1, 1881:

EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Exports.

Wehavejust

Imports.

Gold

our
Week.

Sreat Britain
France

Since Jan.

$1,000

Week.

1

$

$71,100

West Indies
Mexico
South America

2.000

253.706
102,700

.

All other couutriea

$32,90--',533

98,430
57,590
230.090
7,000

li'.SOO
'

Since Jan. 1

4.133,950
9.345.112
3.257 301
389.300

800

759 729

170,940

2.217,542

olllcc,

issued a pamphlet, copies of which can be obtained at

OHIO RAILWAY to
LEXINGTON & BIG SANDY RAILROAD,
Newport News, and

between the Chesapeake

$1,000

$441,066

"300

2,237,523
2,074,109

Sc

Ohio and

64,237,559
75 S14 231

forming the connectiOB

Its allied

& Ohio now

lines,

West, Southweot

enters the field as a throush trunk Hue

$571,456 $53,005,533
3,018,613
518,995

also of the

and Northwest.

The Chesapeake
Tetal 1881
Total 1880
Total 1879

CHESAPEAKE *
ELIZABETHTOWH

giving an account of the completion of the

and as the shortest route to the seaboard
of the AUeghanies, with very

Ught

for ton millions of people

fliod charges

west

and a rapldly-dorelop-

Silver.

Great Britain

$138,015

Germany
West Indies
Mexico
South America

$9,562,532
373,950
270,809
10,204

6,664

1,167,710

of 1911, issued

174

46',694

All other countries

Total 1881
Total 1880
Total 1879

iug local business.

s.i'ii

$220,883
20,005
241,735
890 990

$

31,650

3",776

29,231

$13,575
31,4J9
170,335

$2,753,953
5,407,040
7,840.062

Of the above imports

for the

week

in 1881, $104,580
silrer coin.

to geU the $2,000,000 six per cent toonds

on tha completed road to Newport News.

Price,

par and

''78

$138,015'$10,300,265
193,0001 G ^^l^ cio
295.294 12.314.139

American gold coin and $4,769 American

The company are now ready

were

accrued interest.

A

iosoription of the bonds

will

be found on pages 15

and 18 of the pamphlet.

FtSK & HATCH,

No. 5 Nassau 8tr«et.

:

Dbckmiikh M,

—

:

THE CHRONICLE.

1H81.J

OlraaUtlon

Vrr

When

ernt.

Payiible.

.

70»

-

LnaiuaaddU. f''
ipwl*

Wam« •< Oomjmnv.

:

'

!(•( dapoiit

nnokii rtntnt.
(IfnytiHeluatr*.)

LmalMti.
LBcalrc*'.'

llallD.ailn.

RoMrva

DOKtiiii Iiiivi-ni Itcn li ,v I.ynn
Oliloimii liiwn
Ni'briiHkn
<^lili'tiKn U. I..liiii)l >«: I'm'. (i|imr.).

3H|

Onindi) (c|iiar.)
Ktiiil .V l*ri-»i MjiniUdlto picf
Ijiko Slinro * Mich. Huu. (<iiittr)...
Mortlinii Cciitrul

I'll

A

I>«iivrr

.(:

Kill

Olll <'nlnliv

a.

Pi-..

:

ei

prof...

.

*4

W

3
3
3

f
:m,
3

Jan.
Jan.
I'-ol).

Jan.
Jan.

2

rii«o.

ie (0

t

I)mi,

30

.

to
to
1
tn
1 lo

Jnn.
Jim. 14
Jnn. It)
Kub. U

2
18 Jan. is to

Jiit. s'i

U Jan.
Jan.
It)

Full.

1

Jan.
Jan.
Jan.
Jan.
Jau.

H)

Jau.

1

of

Now Vork.N.

Iiiipori. rs' ti
Irviiij,'

B.

A

TnuU'M' Nat

4

4

?4

.National

Mi'cliiiiilrb* Niitlonal

4
4
4
n

Morrfuilllo .N';ttioii:hl
HirrbniiiK' KxcluiiiKO Nutloual...

3
3

Mi'irhjiiit.H' Natloiiiil
Niiti..nal liuiik of Coinmi-ico

3>9

A

Matiniial HiitcherH*
Urovvni'...
MatiiM.al Cilizfiia'
National I'aik
National Sliou & I.«atber
•.
Ninth Nati.inal

National
Tbii.*! National
1*ru(|cain(.'ii'r4 Na'iunal
liiKnriinco.
Montauk Fiio (Brookh'n)
loreilaiioooii.
Brooklyn Trust
St. Nl<'li..la»

I

MeioautiloTmst

NEW YORK. FRinAV.

4

4
3 'a
4
4
3'*

Jan.
Jan.
Jan.
Jan.
Jan.
Jau.
Jau.
Jan.
Jan.
Jnn.
Jau.
Jan.
Jan.
Jan.
Jan.
Jan.
.lait.

3
to Jan.

2

Jan.
Jan.
3 Duo. 21 to Jan.
3 IMio. 21 to Jan.
S Doo. 22 to .Inn

2
2

3 Doc 17 to Jan.
3 Dec. 21 to Jan.
3 Dee. 23 to Jau.

2
2
3

3;I)cc. 21

S

.1

l)<c. l.S to
Dim'. 20 to

stocks

r
•

i

,

.

84^04 W.
hti Vrn a

tranxfeiH at 4

day or taa^

imtttirtlam
bualD>iM wem abnat 4 79M9
en ntf-rilng, 4B3>iO«M for
.

;.jp.

falrty artlva btwi-

juii'.'

3
s Dee. 21 to Jan
3 Dec. 21 to Jan.
3 Dee. 24 to Jan.
3 Dec. 23 to Jau.

3'a

5

Jan.

3

4

Jan.
Jan.
Jan.

3 npe. 1^

31-j

"a

4
2
2

3

3

3

in til'- ii/om r;m wcr" "lit ri'ii, ami liiia
the bonds will hereafter come in Hlowlr.
The closliw prices at the New Vork liaui hara bam

iHlcrai Dte.
ftriodt.
17
6«,

ninllnnedatS^..

Ss,

continued at

J.

3>ii.. I
«Nt. I

A

Ore.

Ow.

10

20.

•10<n« •100*1
I02T» •102'«
.-Fnb.
.-Mar •lU", •114i«

Dte.
21.

Q
3
3

ISJSl-.'i P. HI.

—

m toOtnm
Dt*.
23.

\Oti%,'\ntt\ •HKll,

J.

.....

.,„._,.^ .,....,

IU>-

1U% -1M4 •INr

1801
1», 1907
W, 1907

ooup.

V

roK.

(,

.-Mar.
.-Jan. •ir.i.

coup.

<.

.-Jnn.

6», our'cy,
J», ciir'cy,
ri«,onr'c.v,

1805. .rcK.

••n.onr'c.v.

1809.

A
A
A
A
A

.r.

lS90..reK.
1807..reK.
•'p.onr'cy, I808..rcK.

J.
J.
J.
.ree. J.

J.
J.
J.
J.

UT"*

•IIT^'.

1183^ ll'iU
•127 M'.'7

Il«•I

'IW

123
JO
•130

•I2fl

'ISI

•129

•120
•130
J •131

•I

Itm.
23.

•100%

,ri\
4%
'*H
I7H
.Sli

.'.»

-J.l

•127
•124

i^S
•1*7
•119

.,...,

•121»

-•!

t

'\H
'fJO
' •

•127
•12-«

—

.Tun
fo .Ian-

trt

3 I)i>P. 21
3 Dec. 28 lo Jan.

DKCE^IIBER 33.

inbracad
hermi to iM'iicato tJMt

4J»«.1801

8 Doo."22'w

On

•««.

^Vi

4>«ii,

and bonds.
break of importance occurred on Friday la.st, 16th
inst., in Denver & Rio Grande stock, and it has since been reported that Mr. Jay Gould made a raid against the stock for the
pnqxjso of buying it. However this may be, it is certain that
the rumor of difHcnlty in regard to the payments of the subBcriptions to the Mexican National
Construction Company
(Palmer & Sullivan road) was used to depress the Rio Grande
stock. This company is building from Laredo on the Rio Grande
to Mexico City, under a concession from the Mexican Government; and almost cotemporaneously with these reports of diflicnlty in collecting the subscriptions to their stock, appeared the
circular of Mr. Gould, as President of the Missouri Pacific Railway, calling for subscriptions to the stock of the new con.struction company to build " The Mexican Oriental Interoceanio &
International Railroad," to cover the same main route as the
Palmer-Sulliran road from Laredo to Mexico City.
It is worthy of notice that this little shaking up which has
taken place in the stock market began with these reports of
backwardue.ss on the part of subscribers to a construction company in coming forward with their money. The consequences
suggested by this action, or non-action, may have a more genet al
bearing on the financial situation than at first appears. The
construction companies now occupy a most prominent place on
the financial horizon, and many of them have been profitable
beyond all ordinary limits. It is plain, however, that before the
enterprises undertaken can reach a point where they make earnings, the support to their liecurities must come entirely from the
confidence of holders in their ultimate success. It is necessarily a
case where faith precedes works, and if faith at any time should
become weak and a number of holders, however foolishly, begin
to doubt the wisdom of their subscriptions and "lie down" on
them, as the Wall Street saying is, it ia impossible to say how
much harm they might do.
The money market has again been stringent for stock-borrowers, while the supply offering on government bonds has been
larger than before, and some of the dealers have actually taken
money in large blocks at 3@3}6 per cent. On ordinary stock
collaterals the rate for money has osnally been C®ti per cent,
with commissions frequently paid of 1-16 of 1 per cent; but today 6 was the highest rate. Prime commercial paper is quoted
at 6@D>6 per cent.
The Hank of England on Thursday showed a loss for the week
of £41,500 in specie, and the percentage of reserve to liabilities
was 38^, against 3d% last weeek. The discount rate remains at
The Rank of France during the week gained
6 per cent.
4,300,000 francs in gold and loet 700,000 francs in silver.
The last statement of the New York City Clearing-Honse
banks, is-sued Dee. 17, showed a decrease of J690,775 in the
deficiency below the legal limit., the whole deficiency being
$271,200, against $961.97!) the previous week.
The following table shows the changes from the previous week
and a comparison with the two precMing yean
first

t
..;

HomU — Tfi.T.'

2
2

1»

Jan.
Jau.
Jan.
Jan.

3 'a

2

The Money Miirkct nnd Fiiciticial SItnntion. There ba.s
beeo more excitement thi.s week at the Stock Exchange than in
any previous week for some months pa-st. The decliutj in prices
has) been considerable, but at no time has there been anythin<^ like
a panic in etock.s, and the aapport given to the market in these
periods of weakness confirms the opinion we have so frequently
expressed, that a large majority of the heaviest operators are
greatly interested in preventing any such decline in prices a.s
would break public confidence and put a check on the distribunew

I'nUetl Stales

I

'

The

I

Exchange.
and leading tli i,
bill*
To-darthen
4 80 for prime
demand, with cable
"•;"

Marine Nmlonnl
Marki t .Salimial

tion of

S nn'lna.

'.'."»

Kniiki.

Bank

bul.l.

S

State and Knilrond nond.s. The hnslneiit
;j inds haa
been compiratively limited as the transactions in the 8to<;k market have absorbed much attention. The Tennessee bond case ia
to come up for hearing at Nashville on January 17.
Railroad br)nds have generally been easier, particatarly tha
lower cla.ss bonds of those companies wh'.se stocks have weakened in the recent flurry. If the market doeii not speedilj
r<>cover, it may offer buyers for cash a good opportunity to purchase bonds for investment. *
Railroad and Hisrcllflneoas Stocks.— Tbe stock market has
been pretty thoroughly shaken up, and a considerable amoant
of stock held on slender margins has been thrown overboard. A
reference to the Denver & Rio Grande is made above, bat th«
precise nature of the contest between Mr. Gould and the Rio
Grande parties, and the Palmer-Sullivan syndicate*, is not yet
known. Next to Rio Grande the Wabash sto<;kH have been for
some time among the weakest of the list, and the Iwlief is prettr
general that the company's heavy liabilities for road.^ puroliaiM
and leased are pressing on it rather severely. Whether Mr.
Gould has been a large seller, does not appear, but it is strongly
suspected that he has been within the pa.it few months, "nia
annual statements of the Vanderbilt roads were published to:

day, and the loss of net earnings, owing to the disastrous effects
of the war in rates, is unexpectedly heavy.
With each decline of 2(93 per c»nt, the market has generally
met with a strong support from large buyers, and at the close
there was a sharj) rally in prices.
The following is a statement of the operations of the New
York Central & Hudson River Railroad Company for the
fiscal year ending Sept. 30 :
1879-SO.
1.080-81.
Gross caniingB—
*0,(!ll,15a
F'roui naesungers
90,958,038

From frclKlit
From luUocllancous
Total earnings

Eipeuacs

Net earnings
lutereat.rcntaU and taxes
Profit

Dividend

I

(8

per cent)

Surplus

pmhore

22,19!»."«5
4,3(i4,7H7

:i(>,736,74»

933.17.\913

«3?,348.39«

4,e53,lMM

17,84i»,i04

10,««>4,78«

flS,.T«ti,018
4,73(1,799

$l2,8iW,»10
4.900,763

$10,649,210
7,141,512

$7,802,897
7.138,343

$3.427, 708

»754,48S

$rr8'a

8S
63-80
17
Expcnseaper cent
Included in the operating expenses for this year are 9,014
tons of steel rails, 41 locomotives, 45 passenger ears and 478
freight cars. Analysis of traffic earnings and expenses
Profit

,

1679-80. 1880-SJ.

Earnings per ton mile on
Expenses p«r ton niUo on

frelitlit

'87

•7$

frelKliC

'!>4

•M
•n

,-33
l-9»
...^... l'2s

Profit.

EariiluK* per paaMnger mllo on paMcngen
Expenses per passenger tulle on paisengeri

i-s«

i-n

-73

ProM
,-Lake Short

d HUh.

Ko.-.

.

•«4

MUkigan CtKtraL

—

Percentage

(O'J-80)

<55'56)

(75 58)

1880.
$9,0et(.74»
0,738,751
(«3 1«)

Netoartilngs

$6,084,000
2,710,000

$8.331 .3.-W
2,750,374

$2,184,000

$3,S4«,9M

1,6!<3,000

1,S8«,410

$3,974,000
8,957,320

$491,000 $1,760,58$
$S,n80.9S2
3,057,320 (S>a> 468,455 (8>I,4a0,OS$

1881.

OioM earnings...
Expenses

lut oad rontsla.
Balance
Dividends
Burpln*

$17,970,000
ll,28«.00O

$16,680

1880.
$18,749,401
10,418,105

$l.e-J3,662

Canada Sonthem show* for 1881 net
against 91.314,724 in 1880.

1881.

$8,936,000
0,752.000

$33.54S
reeeipts of

tSeLSS*

^07,UC.

.

—

.

H

,

THE CHRONKJLE.

710

RANGE

IN FRIGES

AT THE

[Vol.

STOCK EXOHANQE FOR THE WEBIi, AND SINCE JAN.

N. Y.

DAILY HIGHEST AND LOWEST PRICES.
8T0CES.

Monday,

Saturday
Deo. 17.

Dec

Wednesday, Thursday,

Tuesday.

Dec. 21.

Dec- 20-

19.

RATI.KOADS.
Albany & 8uanuetianua
Boston & N. \. Alr-Llno
Do

Do
Chicago

2d pref

A

Alton

Do

i)ref

Chicago Burlington
Chicago Milwaukee

Do

Chicago

A Quincy..
A St. Panl.

•811q...
SB's 69^

38

38
la

93-Ib

SB's

9418

91

•2612

Do

pref...

Do

pref.

A Clev
Cleveland Col. t:in. A Ind
Cleveland A I'ittMhurg guar
A

Columbia

Greenville, i)ref
Coluiubnti chic. A lud. central.

A Noiwalk
Delaware Lackawanna
Denver A Itio tJraude
Danbury

A

Houston

A West.

•2614
371a

271-i

37 Hi 3712

134" 134
37 "-J 38
101=8 102\

A Ga

St.

Joseph

16
25
9334

112

pref

A

16 '8 20 14
12ti la

66
pref--

A

Do
Harlem

90 12 92=8
90=2 93

12714
7512

133 134
1.33
83 12 84
•8212
37 12
37
361a
101=8 102
101
56
56
56
89
92
88=4
1341a 13812 134 Si
86
86
19=4
20
20
126
68

133-ii,

84
37 la
101=,

56
90
136

36=4
•27 14

83
67

'80 14
52 12

90=8
91 19
27 la
37=4
27=4

130

130
1J7

103^101=8
110'h120

"766

641a

67

20=8

136

•SO
50=4

19

19=4

88
88 'a
25 12
25
34
35
35
2Si2 27
26
I3II4 I3II4 129
140
140
133 12 13612 134=4
102 12 IO4I2 102 14
II9I2I2O
123 14 124=8 123
138 138
136
132131331a 132 S)
80
Sl'-a 81 12
88=8
89=8

82
62 14

90=8
91 14
26I4

91

'b

1.59.610

90 Si
25 'b
33

96'940
1,200
2.654
1,108

26 S;
129 S:
133=4

104

123i2l24=<
124=8
139 Si 13912
136'f
133
133 1331*
•82
841-7
81
36 1»
33 18 Sols
S3Vi 36
35
99=4 101 14 100=9 101=8 lOOSilOlSi
53
54
55
54 Si 54^ 60
86 14 8719
88=8 89
87 'b 89
134 ...
136 137
135 136
19=4

63=8 7II4

70=<

89 's
•26 14

20

12ti 1,12714

127

87=4

641a

20 '8

20

20 H.

20 Si

20

125=4 120', 125 's 127=s I2514 127=6
67=4 70%
70=8
67
69
68

l.^i-j

25%
98
1163j

14»4
241a
963]

14'6 15 Hi
14=8 14=4
23=4 21
24=9 24=8
96 '8 «6i-.
96=9 90 Ki
II314 114^8 113=4 113=4

15>8
24',

97\

1141211514

Texas Central

Illinois Central

Indiana Bloonrn

A

88

West., new.

Keokuk A Des Moines
Do

Lake Erie & Western
Lake Sliore
Long Island

1311^1321-!
4915 50

13112 132

88

130=4 131=4
48 's 49-

49 1? 49 --8

13
14
14
14
23 -i 2414
23
21
96
90\ 95 Sj Cij
112S)114Si llO-alllSi

129=4 130=., 129 14 130 S; 129
43
43
48
471a 4812

129=8
Si

43

pref

42

42

.

42

119-\ 12012 119:4

A Missouri Biver
Do
pref
Louisville A Nash villa
Louisville New Albany A Cliic.

34
36 Si
118=4 116'8ll7Si
49

4013 40iv
42
42
37
118 1412012 117'8ll9
116
53
53
49

42K
V-.O la

40

Louisiana

Manhattan
Manhattan Beacli Co

A Cincinnati, 1st pref.
Do
2d pref.
Memphis A Charleston

105i4l07\ ]"4"8
7713

7710

53

64 14
29

106=6

102
76

77
78
53 la 53=,
28
28

Marietta

Metropolitan Klevaled
Michigan Central
Milwaukee L. .SIi. A West., pref
Miuueapolis A tit. Louis

Do

76
91

77
91

883,
48=4

9138
48=4
30=2

pref...

Missouri Kan.Has A Texas
38 >a
Missouri Pacilic
104
Mobile A Ohio
Kssex
Morris A
12212
Nashville Chattanooga A St. L.
87
New York (Jeniral A Hudson .. 135 12
New York Klevated
107
New York Lake Krie A West.. 44

Do

pref.

New York Now Haven A Hart.
New York Ontario A Western ..
Noirfolk A Western
Do

pref

pref

Ohio Central
Ohio A Mississippi

Do

12212

88
136
108
41 12
90^4 01 14
29

30 14

Oregon A Trans-Continental ...
Panama, Trust Co. certilieates.
Peoria Decatui

A

Evausville...

24

25=4

791a

82

38

38 la

Philadelplu.i A Ueading
Pittsburg l''t. Wayne A Chic
Rensselaer A .Saratoga

67=4 68=8
13S 137

Kicli.A Allewli.. slock trust ctfs.

42
160
158

Richmond A

Ijanville

A West Point.
Rocliester A Pittsburg..

Riclimond

Rome Watertown A Ogdeusb'g
St.

Louis Alton

Do

A

St. Louis

Do
Do
St.

PatU

.(;

A TeiTe

Haute.

pref.
tean Francisco.
nref.

Istpret.

64=4

57

28
16

28
16

26

26

71a

79

"''i"

72

'ii'h

91
89=8

9;
81)14
91
87=8 8912
881,
87
47 12
4814 481a
48
48
29I2
sola
69
69
39 12
38=4 S0»4
33
37 »i
104 14 105=8 rl02i2l05"2 10 Ha
361-j
33 12 33 12
31'8
36
I2II2I2II2 121
83 ~i 86 ij
86
87
83
135 135=4 131=8 135=8 133
•107
108
107 107
107
43 14 43=4
4! '8
4214 43 12
91=8 91=8
90=, 9II4
90 >8
170 170 "170 ...
2712 28=4
27
27
291a
S'0=4

'•!

'..

pref

58

68 la

33
77

3812

70

23=9 26
36 14 37=4

411a

411a

60 12 63 12

38
39
79 »

24 Hi
331a

2.1

=(.

36:-4

107 107
*24
25
77 12 v9

21
78

24
80

37=4
67=8

38-,

68
133 12 137

4II2
44
164
101
160
157
2612 26 la
261a
27
27
23
47

671a
37=4
7712

36=4
63=4

135

3S
68
137

84 14 89
86
88
461a 47
30
69
361b 38

83=4

88 Si
48
'
>

381*

102
36

10019 IO2I4

1221a

121

".J

85 's
45

77
54 1(
23
73
83
87 Si
46

35I8 381a

100
33

102
35

123

83 14 86
82 Sj 84
132'b 134=6 133i» 134=4
107
108
108
40=4 41''(
43
'4d=i "42';,
89I4 90=8
90=4
89
90
'170 173
27'.
26=4 27Si
2714 27=4
86

131=4

167

15912 158
26=4
26

25
47

21
77 14

5«

35l«

58 14

37=,

78
23 Si
36

72

3714
77=6
231s

2218

Pacilic Mail
Pullman Palace Car
Sntro Tunnel
West. Union Tel., ex-certlficalies

EXPRE8.S.

American

,

United States
Wells. Fargo A Co

66Sl

Colorado Coal A Iron
Consolidation Coal

107
46
162

4II9 42
6OI3 60=8

401a 41

1691,

161

38
160
169
26

166

162
26

5512
8314
33=,
21=4

56=4

S3

Is

73=,

,

42 12

60^

601a

80

90

1

85
143
OS

85=8

143
95
138

45

4612
161a
2

2112
35
....

59 la 59 12
201a

20

......
•6
•la

'.'.'.'".'.

31a

li*

1

*15
211a
*33ia
'13

Dea<hvood Miuing
Excelsior Mining
NewCentr.Tl Coiil....-Robinson Mining

550

Jan. 5
Dec. 7
Apr. 7
Feb. 26
Feb. 24
Dec. 23
Jan. 18
Feb. B
8212 Jan. 4
80 Si Feb. 25
20=4 Jan. 19
32=4 Jan. 12
23 Jan. 25
127 Aug. 20
~"
140 Mar
134=4 Dec. 23
101 Si Feb. 2r
116=4 Oct. 12
117
Feb. 23
131 Is Feb. 211
1'29
Feb. 20
40 Jan.
33 S) Dec. 23
91
Feb. 2.".
I

800

41i3feb. 1
81
I'-eb. 23
127i4Jan. 29
700 86 Dec. 19
8,345
18=4 Aug. 20
60 May 12
117,500 107 Jan. 4
443,231 66 Dec. 17
7612 Apr. s
17,510 13 Si>pt.2'J
6.600 23
Dec. 23
2.900 44=4 Jan.
9,300 94
Feb. 2(;
197 Jan. 8
300 63 Feb. 2U
9,550 124 Jan. 4
4,500 38 Si Ang.lH
14 Jan. 10
41
Jan. 4
2,200 34
Dec. 23
199,311 115'8Dec. 23
200 44 June 4
1012 Jan. 26
42 June 2'..'
112,830 79 Feb. 2,
500 50 Oct. 27
9,320 15i4Aug. 9
800 18 Oct. 10
1,969
9 Jan. 4
500
6 Jan. 7
21,886 41
Feb. l.K
4,910 77=4 Sept. 5
93.020 85 '9 Dec. 23
1,400 42
Mar. 22
23 Nov. ir,
62S! Dec. 15
69,096 35i8Dec. 23
32,775
85 J an.
18i4reb. 26
2,606
1,470 118 Feb. 25
32,100 63 Jan. 6
80,210 132 'e Dec. 22
870 96 Aug.'/"
210.830 40=4 Dec. 22
3,442 80SiJnly 27
I64I4 Mar. '2,"
31,276 20=4 Deo. 23
"

40

41=4

34
63=8

34 =t
66 14

6,700
34,200

40
37
168 Sj
166
160
154
25 1« '22

38=4
160=4

154
23 la

16,225
12,375
6,110

71

85
145
•93

77

135
451a

«15
•

1=4

•20
*33
»13i2
5912

19
35

86
39
57
103

127

40 Si 42
120 122

1

3=8

ii»

85 >s 182=4 851a

81

46=^

106 106 Si
45 Si 45 Si
148Sil61'4 140i4l45Si
4II4 42=4
39
40 Si
122 l'22Sl
124 126

m

1

4414 46

19=4

'18
II2

91Sa

II2

1»»

40

I8I2
•33
13I2

59
•19

181a
34
131a
69iv
19 "a

3=9

•a

IS.

12Si

•33 13
13

69 14
•18=4

34

20

16

18S!

12Si
681^
1=4

1=J

>a

lij

6i»
"a

18
9>l

143
90
73Sl

133
39S!

145
92
731
138

ISi

•15

4H4

'ISl

1=8

4
17=4 19
20S>
•34
85
35
12i8
12
13
58 Si 58 Si
18
18
19Sl

a'a

lia
6Si

314

l-a
•5

lia

2<^

1,950
2,250

295
200
400
2,290
106.088

1,800
6,134

802
2,898
48,985
2,390
3,100
162,853

20
21.

Dec. 23
8

33

97=4 Jan.

18 Oct.
64 Dec. 23
190 Oct. 17
27i4Jan. 4
50 Feb. 25
127 Jan. 19
130 Jan.
35 Oct. 10
99SiOct. 20
122 Nov. 28
22 Dec. 23
24SjDec. 22
39 Feb. 28
88 July 19
89 Mar. 24
55 Dec. 23
90 Feb. 25
26 Feb. 9
'0
Mar. 8
88 Si Jan. 7
Jan.
Dec.
Feb.
Deo.
Dec.

31
Dec.
89=9 Jan.
30 Jan.
135 Jan.
39 Dec.
1'20
Dec.
1
Feb.
77 Apr.

Lowest price

5

19

1

>ec.

20

=4

•..00

12
53
IS
25

4,150

1

700
700

82.-.

14,700

Is ez-divideud.

801,

Jan. 14
40SiJune'2fl
43 May 23
112 Feb. 17
102 's June IS

40

81%

14

29
37
90 14

33 '9

48I4
SB's

156
133
182

I2

May
May
May

14
14

11

Jan. 5
Jan. 7
Jan. 17

129i4Juue 6

Doc. 23
Jan.
Deo. 23

Apr.

Nov. 22
6iaSepll7
Is Nov. 9
Dec. 22
2
Dec. 23
2=8 Dec. 9

18

28

25
45
83
15
22
17
99 Si
117
113
66 Si
09

110 May 26
130 Jan. 19 871s
147S;Jau. 1 104
148=8 May 21 iOOSi
88 May 23 22
51
Jan. 22
109 Si Jan. 24
08 14 June 22
101=4 Mav 23 61
142
MaV 10 106'
95 Is Dec. 15
32 '8 .May 20 "912
''7
MaV 24 50
181
Mar.
68 Si
II314 June
61 Si
88 June 14 60
21 Aug. 4
33 A ug. 6
330 Scpt.lti 22 't
121
Sept. 17 83 Si
250 Way 23 168
106 JnnelH 49=1
148 Si May 21 99 12
57 Si Mav 19
30 14 June 2
56 Jan. 27 25
65=4 June 2
133=4 Jan. 20
63 J line 30

38
48
I1012
117Sj

59 Si
39=6
24
15
93
126

54

25=4
36I4
2714

159SJ

160
183S»
114=4

12119
l:<0

116

Sj

201
48

96 '-a
129 Sj
2.51;

53
IIOI4

88 Si
83
50'.

106
200
01

"a

127%
201a
43Si
42=4

95
20

139%

30

109

24

June 23

May

18

Junell
Nov. 1

21

May 26 30
M.iy

2

May

21
Juno 13
Feb. 14
I26S1 Jan. 20
64 'e June 2
30 12 Nov. 29
VO'^s

201.

97 Sj

Feb. 21

3=4
2Sl

2919

83

671s

50
18

12%
43
121
13018

Nov.30

May

21

28% 49 <4

114SjJunel4
29I4
39=4 June23 12
123
131 June 3 100
102 Mar. 21 47 Si 128
153 Jan. 3 1'22 165^
130 Si Feb. 15 109 127 14
52'9Jan. 13 30
61 >«
96 Si Nov. '29 47
931s
190 June 13 155
180
43 Si Feb. 2 20
32%
Nov.
14
28Sl
70 May 26
61
Mar. 17 20
86
88 Is June 21 39% 67 «
281*
87 'b Mav 21 14
60 Sept. 9 23
441a
128 May 21 57=4 102

37i2JnnelO
83
200

Dec. 16
Oct. 13
57 14 June 22 18
2Sii
74=4 Oct. 4 13 Si 72%
129
142 May 17 112
148 Junell) 111
129
80 J line 23

169i4Dec. 20
102 Dec. 20
50 J line 18
,50 Si

June 3

77SiMav 12
143=4

May

23

55 Junell
81 14 June 3
115i2June29

42 la
89 Si

May
Mav

4

25

10',

85

42
16
42 Si 112
25 14 48
33
65
60 100
40
23
7914
50
88
67
30
47%
80 113=4
26 Si 48
5II4

88%

74i4Fob. 12 50
81
II5I4 Mar. 7 60
92%
49 Aug. 2 25
30
190 Feb. 21 102 147
62i4Fob. 18 27 Si 62
151
Ian.
3 107 Si 14S
4i«
2 Si Apr. 131
Sj
94 June 201.
Oct. 18 IO6S1 122
66=4
64

Nov. IB
Nov. 28

21 14 July
75i2July

27

42

June 18 100

38S!JunelO

1 12

3

61^

50

32S!Nov. 23

Oct. 15
Dec. 7

120

26

Jan.
17=4 Dec. 23

Jan.

14

1,247

May

90
90

67 June 7
43 Jan. 15
29i4Jan. 4
8i4Feb. 7
9
Apr. 22
35
May 27

35

"800

Dec. 14 100
Oct. 13
71Si July 13 37"
60 Nov. 14

30

6 153
6 98

80

1,000

133

4 79
4 142

200

1 12 Fell.
t

4

15
3
23
21

1.

Low. Hlg*

23 38 May 13
23 131=4 July 2
22 60 JiineSO
23 96i4May 18
21

.

For Full.
Year 1880

1881.

113=4 Nov. 12
4 73=9 J line 14

6,323

*

Theae are the-- rices bid and asked-no sale was
made »t the Board.

July 14
Aug. 26

32=4 Jan. 13
64i9Jaii. 23
21 Dec. 21

353 120 Jan.
48S 62=8 Jan.
310 61 Si Jan.
36 112 Jan.

100
•17
2

53

41 Si
330 15
57.209 105 Si
74,550 33 14
173,686 69=4

6

1
2i

200
300

16

81

V'
8=4

7712 79Sj

40

'

33
*1=4
'6

44=8

'35
*16

1»»

91S:

75
135

75
134

42 Si 45
40

82
145

145

17
4

1

77=4

82'(

•3S
16
2
4
22
33
liia
59I2

49 '<
15

10616 107

I43I2I43I2 144 144
92
92
91
91
•77
78
76=4 76=4
'133
138
135 135

145
94
78
137

la

.2b''
314

42I4

48
15

117Si 115'8ll7V 116=8ll7l8
33 14
85 14 37 12
35 Sj 36 'b
73=4
70% 73=8 69=4 71 '9

160

lig

V

8I2

111
60=4
49

31
33
IO6I4 106=4
50
151 155

'

IIII4
51

900
15

24Sl

88
40

111

13,910
10,620
201,861
13.883
6,910
60
2,800
8,987

1,

Highest.

5,410

23
67

86
39
67h 57=9 65
103
106 103
88
40

57 S> 60
105 103

37

1071a 106 'e 107=8 1061a 1071,
47 12 '47
47 12
47
47

"1=4

,

2, ,503

11.210
19,233

23
64

47

42 14

162
158
42=9 43 'e
4012 42I2 41
127 127
126 127
127

134

Homestake Mining
Little Pittsburg Mining
Mariposa Land A Mining.
Maryland Coal....
Ontario Sliver Mining
Quicksilver Miuing
Do
pref
.^
Standard Consol. Mining
Cameron Coal
.„
Central Arizona Mining

626
39,360
310

23
35 Si

34 S> 37
66
67 Is

2412

47

35

*77^ 781a

ANU MINING.

660
7,814
153,942

33

35 14 36 Sj
104 104

36--9
36
66
67
XI34I4 133

4212 43

43
105

.

'I'l

•

9011

23
70

MISCEI.I-ANEOIIsf

Stormont Mining

23

IOII4

74 14 7414

American District Tolegi-aph
Delaware A Hudson Canal
New York A xaa Land
Oregon Railway A Nav. Co

SllverClill .Mining

74
62=4

71

5712

.

^ COAL,

90

72Si 73I4

56
37
76
21
35 Sj

Paul Miimeap. A Manitoba IHI2II2
111 1111, 111
Texas A Paciiii
50
51=4
50=4 32=4
4»=8
SOHi 62=8
Toledo Delphos A Burlington ..
17
17
lO-a 17
Union Pacilic
,..
117 1181a Il7i»118i2 117=4 118=4 116
Wabash St. l.ouis APaclllc
4014
88
33=4
351a 37 '8
361a 3812
Do
pref
7812 81
71 '8 76 14
76
78
71=8
St.

Adams

56
23
16

65
25
16

73 14

'

Uuluth

Do

102=4

100
K,

'

pref

Oliio Soutlif'rn

9919103

67

Lowest.

•23 Si

57
60
38=8 391,
78=8 80=6
25=9 26I2
37=4 ^814

Northern Pacific

Do

69
39
106i«

7
75

106 'f
76

63=8

Range Since Jan.

120
25
45
300 37
7
69
21,023 60=4
700 16
300 31
201)

66

(Sioux City

East Tennessee Va.

Do

•80
661s
201a

82
66 's
20

27 12
37 'e
28 14
2812 28I2
28
I3II2I3II2 I3112I3212
140
13di2l37i2
136=4 138^. 136^137
104 105=8 1041a 1053, 104i4l03»s

27
27
38 "4 39
29
29
132 132

Cincinnati S.indusky

Haimibal

63

123 "8 124 H 1231a 124^ 123'e 124=4

Northwestern

Chicago Hock Isl. A Pacitic
Chicago St. L. A New Orleans..
Chicago St. Paul Minn. A Oni..

Dubutiiic

*80 ...
66I2 68 12
21
21
37
37
90^8 92 'i
9214 93iii

67

pref.

&

Deo. 22.

Sales of
the Week,
Shares.

Friday.
Dec. '23.

126-a 1201a
6614

pref...

Buffalo Pittsbnrg A Western.-.
Burlingtou Cedar Rapids A No.
Canada Son tliern
Cedar Falls A Minnesota
Central Iowa
Central of New Jersey
Central Puuilic
Chesapeake & Ohio
Istpref
Do

YXTm

7
7

Feb. 17

45=4 May 26
7
Feb. 14
14 Jan. 3
7 Jan. 8
3.".i4 Feb.
n

IJ'sOet. 29
Apr. 13
7
4
\pr. 13

irSi

28
26
1'-

2Sl

16
30
9
45
20

66
118
421a
39>4

39
301s

4%

27

39%
24%
78Sj

34

.. ..

.

Dboimium M.

—

.

—

1
.

.

..

..
.

.

THE OHRONICLV;

1881.

7.1

QUOTATIONS OP STATE AND RAILROAD BONDS AND M1SCELLAK10U8
MTATI BONDM.
BECCKITIEH.

BECCRITII

Bid.

BM.

•XC'URITIM.

Alftbnma—

aiuw A, S

19M...

to S,

81

OtiUin A, 2 ton. KMIlUI...
C'lUHH 11, A«, llHMl
<!»»< I'. i«. UHii;
«M, 111 •-'lln, 11HH)
ArkiiiiniiH
ea, tiiiiili'il, 18()1> 1000
7ii, I.. HcM'k .t Kl. H. Iiiii
l:<i<'k
7«. M.

o.

1

M

A

7«.

It 11

Kit.

:

T.

I

I

ii(

UK.

en,

Do

118

08
63

1914....

68^

e«,

Viw knwlii,
Cliatlmni

107

8|H'ri«l t«i, rlaaa

_

A.*0

Do

"WH

lilt

tx

I

,

'OH

cluaV

IM

108
108
iin
118

I)

..

oUtwiS...

1010

roflaol. 4a,

8in»ll

Ohlo1H80

Oa.

no

lou,1803

J.Ajr.,

1144
IITS
lUH

•!

6«, (toll), nic., isa7...
«•, nild, cotin., 18H7
6ii, Tiwn, IHh!)
6a, loan, IHDl
0«, loau, IHUa

LoiilHliuiu—
t'KUSol.,

do

.1

lll>l

A

New York—

»%

^

J

off,

Mn. oir, A

IM

no'i

in

or 1R90

.

7t,uiukU

KA.AO
•MIBl

100 <t

IHHS

lIllI'

i'7

118

K"lil. IHIH)

7li.

IRM

Aayl'iii ur i: iilv., i1u«
FuillllllK. IHIKl.'tlS...
Uaunlbitl
.St. Jo., !

Ul^l

i8«a

7i.. iiiiiiiiMiHi,

i1n«

6«,iliii< ISM!)

IMHa

7». lii'W.
7li.

611,

87 >,

li

.

6«,aM, A.*0
Ho. (^arallM RR., J

8«,<tn«IRmarl88S.

10.1
IIM1.J

K«;t-.i

1

Oooi'Klu -Uk. IHSU

MlMoari-

6«,ituo IRS7

UK

7ii. I
7ii,

lOi
190

"JHST:::::::::::;:

88
20
sa
30
30

VttiHa^~at,oU,i.AJ.

«.

83

"fiou
Kl
111

fflBOORlTIia

RlKMlv laliknd—
6*, couiwu, 1808-09

180

.

RAILROAD BONDM AND MIHCBLLANROtJM BBCURITISB.

(Raili-oiid
A

l>«uv.»o.P.AH«.-Ial,7a 103/ 103"^ UhloA Ml88.-4.'OIMOl. s. t.
K.T.Va-AUa.- latcous-fta
Conaolldatetl 7a, 1898.
Krlo—
3d i'on8oliilat<«l, 7s.l011
1 at mort., extended .^^
126
lat III., Hprtngdi.ld Dlv..
'2d mart., vxt'd fta, 1910
107
Ohio ent.-lat, 08. IU'20
Sd mart., 7a, 1883
105
1st m., rer'l Tr, lis, 10-20
4th moru. Bxt'd, .'Sa, Win
lat Min'l I)IT.-Oa, lO'H
6th mort..ext., 7a. 1888
Ohio ."o, - 1 St M.llv t:i-.'l
lat,con8ol.,eold.78.10'2(i
OrpgonA*

Bonds.
n.». I'ricrr.)

r«t.6«, litis

l-,w4i.j.l!l-,J0
At,
Alli- ,i: l'ii.-,--lm.(i8, 1910
Balt.dLO,— iHt, llH, I'lk.ltr,
Boat. 11, * K.— iHt iiioi-t..
Blir.tVd. R.* No.-l»t.5.-

Mlnn.V Mt. l..-lHt,7».(tll
Io»;i C.A Wl-Kt.- Ist."

101
114
68

83 1»
H» 100
,'1',!0

I..oiig

106
114

Et.

102
82

M

• 23

103'ji

Iowa i>iv.— s.F.,r)H,inin
Iowa Div.— .H.F..4a.l»I!l

i'n

in. ,'00

6s,

Dotik

& Im.— Aaa'd.

lUh

M. <tSt. P.— lat.Sa.P.n. 13'J
3dm..7 310. V. I).. ISOSl 119
l8tm.,7». $R.,R.D.,1»0'.'
Ist m., L«e. IMv„ 1893.
latm., I. A M., 1807...

U20

Istm.,
latm.,

;i',!o

I.
(,'.

A D., IKHO ...
A M.. 1903...

Burr.
Bntr.

101

35

C.

tl'JS

i23'

107
117
i:o
98
97

Cti.A

A

I),, 7>i.

1010

I'ac. lllv..«a, lillO

90
93

lat flilc.A P.\V..5s.l»'Jl

Min'l

an. lino
Tt. 1H8.",

I't. l)lv..

O.A N.weal.— .s,t,

I

Ponaacala

'

St-

1st mort., 7h.

inH.',
7.'.,

Ki>ld.

BeK.,K(>lil. 7a.

I

Ua, IU'29.

Blnklii); rund,

r^g

I'-'S'b

-

Chlranoik Mll.-lstm..
AVinimrt it St. P.— lat m.
2d Miort,,78, 1007
C. C. t'.A lud'a— l8t.78,a. t
CouHul. mort., 7h, 1014..

St.I...tN.O..-Ten.li«n,7a
lat ni., con., 78, 1807
C. .St. P.ll.rt: 0,-L(in«.. Oa
C.St. P.AM.-lBl.Ua. 1918
No. Wmi-.— Int. 111. IIWO,

ib's'ig

100

102
104

1U2I 1105

«8.

101

1st mort., 88, 1882,

!

120

I

1-24

s. t..

127

102'»

.

t

135
138
120
123

6a, anIiscrlnUon, 1888..
N. Y. O.
l8tni.,cp,
lat mort., reg., 1903 ..

loe>.j

83

no

128

Nevada Cent.— 1st
N. far.

m., 6s.
(i.I.gr.,l8tcon.68
I

Danv.A KUnir.— lat.iyoOi 110 ij
I.

t

Ill's
104

•

I

;

>ia,

10'21

^t,6a.g..l0'2O
..i.m.,iTs.lii:il

And aco.ued uilertMt

%

Tmst Co. certinoalM.

118>3

.

3d asaentwl, 6a, 1009....
Lehigh A W.B.Caal-1888

Lake

E.

AW.— Ino.

7s. '90

Sand'kr DiT.-Inc, 1930
Laf Bl.
un.— I nc.'ts, '99
.Mil. L. s. A W.— Incomes.
Mob. A O.— lat pref.deben.
2d pref. debentures
3d pref. debentures
4tli pref. debentores
.

AM

N.Y.LakeE.AW.-Ino.6s

N. Y. P. A O.-lst lncac.6-7
N.O. M.AToi.— Deb.acrlp
Ohio Cent— Income, 1930
Min'l Div.-Inc. 78,1931
Ohio 8<>.-'2d Inc., 68.1931
Ogden8b.AI..C.— Inc.1930
Peoria D. A Kv.— Inoomea |

Evaosv. DlT.-Inc,1030

Roch.

Pltta.-Inc.,1031
St. T-oiils I. Ml. ,t ."io.-

I'luill 111,'tiTiie OS.

Sterling

Mm.

|.-,iro.

K-rlne.,1ia

yi\

"-i"

r^

Mat
,.)

lock

<:.

130

.l>4
.so

90 ^i'

90
io(')"

104

S

lllch.A All'g.— lst,78, 1920
RIch.ADanv.— cona.g.,Os.

103^1

Scioto Val.— lat, cons.,

101^,1

7s.

3>«

:oo

2d mart., 78, 1898
3d m.. gnar., 78, 1898.
Plts-B'd.AB.— I8t,e8,191
1st.

50

Tex.AStL.— L.g.,lnc.l9'M

St.l,.V.AT.H.-lst,g.,7s

cortlflcatea...
Pltt.-l8t.(!B.1021

~

A

Kansas A .Nob.— 1st mort
2d mart
101
104 Hi l.ong 1 aland— 1st mort..
3d mort
N.Y.AO'nw'd
117>9
2d mart

.

l..-lst,7s,ii

9%
104
108

85

110
116
103
10

118%

80
38

n

113
110
50
IS
89

130

ii"
I'lH"

56

1*
St Joseph A Pac— lat m.
110
91
108 13 109 >«
2d mort
30
SS
St Jim. .t West'n-Slock. 11
111
14
Tex. A St U-lat 08,1910
107
109
85
86 S UUh Central— lal mart.. i'od' 108"
114
Utah Southern— let mort 109
lie
Wta-Cent- lataenes, new 78
'.id mort., prof., 78, 1894. 1108
80
Sd series, new
,
2d mort.. Income, 7a, '04 100
49
to
BellerlUeAS.IIL-1 at m. tU5
Ht.P.MIuu.A Man.-lat.78
Ill's Soatlierii Securities
QuulaUittu.)
iltroktr't
mort..
Oa.
no5
3d
1009
Dakota Kit. -6a. lOIO..
i'de
Va. 8Ute-Mew 10-408 ..
41V
St P. A I>nl.-l8t..'is.l031 "oi'
Atl. A «alf-Cooaol.78,'»7 1110
>i
Tex.Con.— l8t,8.f..7a. 1909 nu6
AtL A Charlotl»-lst, 1». 107
00^
Tol. D«L A Bur.— Main. Oa »
8S
laeome, 6s
80
81
lat, l>ayt DIr., 6a, 1910
Block
1st, Ter-l trust 6a, 1910
Car I entral-lst 68, 193S 96
87 •»
—Conaol. IL, 7s. 116
\V. St. I-. A P.—Oen. m., Oa
140 i'a"
86 Hi
Chic. IHt.-5s,19I0
loc
c.AA Caaaol.7s 110 114
Hav. Dlv.-68,1910
101 >c
•-•11 mort, 7a
ToLP.AW.-lst, 78,1917 tll5% :i6>i
6SS
Stock
Iowa DIT.-68, 1931
9»
<ll»
<ia.-lsl,7s
Va.
A
Tenn.
Ind'polts IHt.-Ol 1921,
K.
~
1194
Ueorgla Hallroad— 7s
Detroit UiT.-6a.
-6a, 11931
tUO 111
6s
Cairo DiT 68,1031. ...
Mempli-Arhar.— Istcooa. 113
106
Wabaah-Mort 7s of '09
i'ir
113
1st consul., Tenn. lien.. 114
Tol. A W.— Istexk, <a
lat. St. I- Dlv., 7a. 1839 105 <» 108
MIsa. Centnl-lst M., 7a. 101
108
8a
mart.
mort..ext.,
109
Sd
2d
7s,'93
64
Kqulpm't lK>nds,78, *8.'t
N. O. A Jaokaoa-lat. 8a. 113 114
11*
Cactiaeate, 3d mart. 8a. 116
Conatd., couv., '?8,10O7
110
Nartheast,a.C.— latm.,aa 136
West.
78,
100
1:1
01.
-Ist
"SS.
118
3d mort. 8a
'.'dmort.. 7a. 1893...
107
i«i 7s, 1800. lOS
Sooth w. Ua. -Coot. Tsk -M
110
Q .V
110
-tttock
'.78.1883 100
li
S-Carobna RR.— lat ml. 7a 1108
.-l8t7a
40
44
N -Il.e.,7a
Stock, aaaaasmoat paM.
110
7b, 1903, Bon.an)olaed .. 135
lstmort,7a 113 114
Otii.DIv.
70
Noa-mort bond*
ClarlniU Rr.-«a, 1919
We«tem,N. C.-lat. 7« .. 104 lOT
101
8t Chaa. Br.-lst 6s..
:

.

N. Y. Blev'd— lat, '7s, 190U
X.Y.P8.AO.-Pr.l'n,6*'95

..i

03

'
~

128HI N.Y.0.AN.-Oen.,68,1010t.
N.Y.ANewEnr.-l8t,7s. «120Hi
latm., 68, lOWi
ilOVs

t'.'.'.'.'.

1

103^

7a, rp..
l8tBlott.,7a,reK.,l!H)0

I

IsLTft

ti-2il IIIO

Int A at North.—3d Ia«

1;

116
115

53*8

.1019

al>e«-..v.-^i.r

I

117i'i

Harlem— lat m..

'

E.T.V11
ImLBl..'.

lud

91

1907
1981

n

llWa

AH.—

115
118

ISO
130
116
130

lat. Tr't Co. ctls., aas'il
2d. Tr'tCo. ptfs.. ass'il

Co.ctf8..supnl.

,

StL-A.AT.II.-UlT. b'nds
Tol.DeLA B.-Inr.6s.l010
Dayton Dir.-Os. 1910

140
135
1123

.V

iS-

Huds.K.-78,2d.s.f.,'M5
CanadaSo.- lat. Int.gu

I'&f'

erts
;nr.6a
riu.-,

UIH

I

Cons., ai»eute<l, 19046.
2dmort.,lncome,1011..
H. A Cent, Mo.-lst,'90.
.MobUe A O.— New ro.. 6a.
Morgan's La.ATe.x,lsl,68
Naafi.Clikt.AHt.L— lst,7s
2d. 6s, 1001
N. Y. Central-6s, 1883-.
68,1887
68, real estate, 1883

98 4
I'io

lat, 78. 1909 100
conaol.. da 102
104
mortgage, 7a. 1906. 109 >i 110>a
"
Paoldc oOlo.—
108
ofMo.- lat,
68
Sd mort., 7s. 1891
1113 114ii
St. L. A S.F.-2d, 68, cL A >
18
8-6s, class C, 1906
00
S-68, class B, 1906
90
1st, 6s, Pelrce C. A O.
Equipment, 78, 1895..
IOO
So. Paclflc OfMo. -Istm
107
Tex. A Pac.— l8t,68,I905
Consol., 6s, 1905
101 s
Income A I'd gr., reg
7mi 73
l8t,HIO O.DiT.,68,1930
87
87 <s
Pennsylvania RR—
Pa- t'o's guar. 4 >as 1st c.
95

Pills. Ft. W.,tCh.-lstm
2d mort., 78, 1912
3d mort, 7s, 1912
Clsv.APlitsb.- Con8.,8.f
4th mart., 6a, 1802 ...
Col. Ch.A l.C.-lal, cona
2d con.. 7b, 1909

.

,

.1907

:v9o

.

,

121
117
Jack. Lan.A 8— 6a, 1801
117!, 120
Mll.ANo.— l8t,4-5-6a,1010
«i"a 'J9:\i Mll.L.8.AW.-lBt68,1021
108
Mo. K. A T.— Cleu.,con., 6a

110
106

1000
>H

.;t

Arkan.sns Hi-.— Ist mort.
Cairo A Fulton— Ist ra.,
Cairo Ark. A T.— Istm.
103»4
Oen.c.r'yA l.g..5s. 1 031
St.UAllon .t 'r-H.-lst m

Coniion, 5a, 1931
Iteglatered, Sa, 1031 ..
.

I'M..

Sil

St.LaulaA I. Mount.— lat ;:6
108
2d mort,, 7a. 1897

Equtpm'nt bonds, 8s,'d3
68.1^09

I

'0.>,

Truat Co.

A cm.— lat, 78.

ItllO..

AtUnta

Mo. Pac.— Ist

Rmdi.A
.

matatltlfmrnttL)
fnr. Ba, I»I8.

ITentrai

103 -I
117
i;3>i ii4'
134
.-.
124
113
|110>s 113
100
108
io3>> 104
100
100

-lat,68, 100.5

Rome W..tOg.— Con..

Dlv.. 68,1919.

Mlch.Ceut.— Cuii..7a, 1902

I

126

A 8U8q.— lat m., 78 117
•06
2d mart., 78, 188.5
lat,cona., guar.78,1006 «125
Rena. A 8ar.— lat, coup.
unci

1

lat mort., alerting
Jletrop'llfn Kl.~l.Ht,1908
'2d mort.. Us. 18U9

I'-iO

ti'08

Alb.

*Filo«a nominal.

301

N.Y.AM.B'h-lat,7s,07 100

102l« 103 >ii'

mort., 7a, 1801
xlll
mort., elt.,7« 1891 I
mort., coup., 7s, '04. 116
mort., reg., 7s, '94... 116
lat. I'a. l)lv..cn.,7»,1917

1st, connnl.. 7».

93

98S

0'20

Manhat.B'cliCo.-7a,18»9

j

102

lat
iBt
l8t
lat

rt-^.. 10*.^!

«

-08
100

.

(ia.

INCOME BONDS.
(iHttrrtt

106 Hi Ala. Cent.
Atl. A f

Extrns'n,

.07

m.AM.-

Marietta

,

lat nuirt..

Lat.

I

Mort. 7a, 1007
Im'
STr.Blmt.A N.V.-lat.7a 123
Morila A Kaacx— lat m 134
2d mort.. 1891 .......
Bomla. 78, 19(H)
7aot 1871-1901
120
lat m. conaol., KiiAr.,78

IU-K.,78. 1917

Atch.C. A P.

Ist.6s,1919
r23'8, LouiBV.N.Alll.AC.-lat.Os

8UP.,I:S.c,-l»t, (i,.,l;il« ioo'
Chlc.A K.IIl. -!»(.> I. iiir.
Col.A «rcpn.-lst,il4,1010'J
2d, 08. lll'.'ll
»
Del. I- A \V.— 7a, cou*. '92

Del.AH.C— latin.^8,1884

v—

DIT.— lat,

Sandusky

!1

JUH)
99
1920.

Blnklnic fiiiid. Sa.
81uklnir rniid, rt'g
lowii MitU'iiil— 1 »t n).. 88
Oalt'ua ,t I'liU'.- Kxtou.
Penin.^ula Ist ni..<-imv.

C

109
123

!)()•."....

8iukinK lund,

1>.

1)1

spring VaL w'.w.-).t6«

Ore(uul(H.A.Vav.-l8ta« 10*i||llS

:'(»

At.Jew.Co.AW.-l8t,6s
Utah 80.— Oen., 78, 1900 109 «

lldhs 131>a
100

I«ban'n-Kna.T.-0«,lH31
L. Krle A W.-lat. 68,1019

1

78, '85

lOO'i..

lat cons., 68, 1019...
Cent. Br. U. Pac.- lat,6a

56
2d mort., 38, 1980
Naahv. A Dcc.-l»t, 7a. HO"* II8H1
S.A N.Ala .'i.f..«B,1010

llOSia

l)onilM. T>.. 18H3 tlO'J),'.
Conftol. Iiond.s. 7.-*. I'.U.i
132

Coupon

90

m

'«»

Registered. 11)21

K. H. A N.-l«t. 6a. 1019
Oen'l mart., tfa, lOliO.

I

Interiat

£xtenaion boudH.

Istm., 6s, 1896
Den. DlT.,6s,a8S'd,'90

i:8S
^
i

100
>i

,IH)
11.5

13*1,

1900, n>«..
X.W.Trlegrai.:.

West. Pae.— Bontla, 6a 113
So. Pao. of Cal.-lat, da
Union Paclflc— lat mort.

Collateral trust, 68.
Kaus. Pao.— lat,6s,'95

.

A

125

91

W.8tL.AP.-<-oat<!inri1
No. MlaaoiM
West U.Tel.

grant bonds, 6a

124

Ill
»124

Conaol., coup., lat, 78
ConsoL, reg., 1st, 7a.
Consol., coup., 2d. 7s
Consol.. reg., 2d, 78
Loalaville.
NaahvUle—
Conaol., 78. 1808
2d mort.. 7a. gold. 1883.
Ceciliau Br'cTi-78, 1007
-N.O.AMob.-lat.«8.1'.)3<)

120

Ln.,t liav., lillo.
II.

A Aah.-la...
A Erie-New Ma.
A State Line- 7a.
A W. PigeoL-lat

... ^,. ...^. .....

Land granU. 78, '87-9.
Sinking funds, 8a, '93
Roglatered 8s, 1893

Det.M.AT.-l8t,78,190fl

121

latS. MliiM,I)lv.,ll»,I<ll(l

latm.,

:io
lis

Lake Shore— DiT. bunds

i)7

.'ia,

Kal.

123

1'24
Conaol. 7a, 1905
tio-j
Sd mort., 7a, 18H4
lat. 78, 1.A I). Ext.,1908
8. W. 1)1T.. 1st. (i». I'.tOO. »io7'

lat,

100^

117

Clevo. P.

Jl.SOHi

1921

.

Funded coupa., 7a,

A Mlnn.-latm

rnd.Bl.AW.-lat,pief.,7R
lat mort, 3-4-5-6S, 1909
2d mort., 3 4 S-Oa, 1909.
fndiansp.D ASpr.— lst,7a
lnt.Aat.No.- lat, 68 gold
Conpoii, 6a, 1909
Kent-ky Cen.-M..68.1911
Lake Shore A Mich. S
Mich. So. A N.I. a.fd. 7a^ 107
Cleve.ATol.-i'lnk.Id.. 109
Newbonda. 7a, lh8B.. 108

106
107

l'.>03...

Len.dtW B.— Cou.K'd.aa.

N..

A

Ced. F-

1',

I,.Aiid

llLCent.— pub..t s. C. lat
Dnb. *S>C., 2dDiv., 7a

105
119

lat conaol., aaaentcd. '09 :i3
«1I3
Conv.. oaaented, 100'2

A

Istmort-.Waro

127^1

Keo.A Dea M.— lat. g...^^

Am.

S8S

Ban Joaquin Branch. 108
(*al. A Oregon— lat m.
lot
Slate A III l>onda.7a,'84

113
109 Vl
114

2d, conaol., main line. 88
2d, Waco
N., 8a. 1910
Clen. mort.. 68, 1921

87
127 "a

O.B.I.ft P.-08,Boui>.,l»17
6a, 1917. reKlstem)

1 ..

A Texaa Ceut.-

lat mort., 1. gr.. 7a
Ist mort.. West. Dlv., 7a

3d, guar. (lS8).7s.'08
Mlaa.R.I<r'Ko— li<t.8.(. i>s • .««,
C. B.4Q.— Sp.c. l»tin.,H:i tl06<s
Consol niort., 7», 11)03..
131
6s, aiuklug luud, I'.iol..

Adlnatnieut, 7a.

UHl,

.•Ml

Pac BKa.—O.Pac.— 0.,tia

a

Uouatun

119^

Kvana.

lat, couaol., fd. cp..7a
2d, conaol., fd. cp., Ra
T. H.— lat oona., Oa

l-on.Hollilated «8. 101

115
,,^
119

m tiu

100

KI'tAP. Marq.-M.6a,ig21
Ual.Har.A8.Ant'o-l8t,6a
2d mart., 7s, 1904
<;nlf Col. A S. Fe-78. 1909
Han. A St. Jos.—8a. lonv 108

fd,

ni9

Central of N.J. -lat

Panama
Peona lit

bcm,\!*.7f«. 'o:i

N.Y.UK.AW.-.NOW2.1.0

116

&

A

Doi'k

BnfrN.Y..I:K.-l8t.lnii

'bo'
6«, gold, HPiit's A. 1<)08
81
6a,ito)d, Hcr. H, int. del
6a, oarrency, int. del .
Alton— lat ni..
ChlcaKO
Income 7a, 18.S3
t
SlnklnK fniKl. (!h. 1003. ;lii
Jollct
Clii>'«Ko— In! in.
I.(k
Mo.— iHt ni.. gllSkV.
2d niort., 7», lilOO
8t. L. Jack.dt C'li.— lat
1st, guar. (SU4), 78, '94
3d ni. (S60). 7a. 1808.

A

123

I

104
C,Ha|i.Ia.K.4N.-lst.«
Buir«lo,t8,W.— M.' 8,1»0.S 110
Sma.1
CoDtnil Iowa— Kt, 7». •90 lis'

ChOMp. & O.— Piir. in'y

tllu>,'

103 >s 103

I

I

M

No pcloa JTriday—Uieaa an Utaat qaoUUoa* mada Una weak.

no

IM
IM

n

..

.

New Tork
Bank Stock

Insurance Stock List.
[Quotations by K. S. BAiLKY, Broker,
No. 7 Pine Street]

Liist.

BOSTON.

COMFANIIS.

o

America*

lOu

Am.

100
100
25
25
100
100
85
100

Bxctaange

& Drov'rs'

Cen'.ral

^atham
Cbemica

Oontlncntal

Exchange*

..

•

Qennnn American*.
German ExchanKC*.
Qermanla*
Oreenwich*
Hanover
Imp. and Traders*

.

.

Irvinjr

Island City*
Ij©ither Manut'trs'.

Manhattan*
Marine
Marltet

Uechanics'
Mechanics' Assoc'n.
Mechanics' & 'Tr'drs'
Mercantile
Merchants'
Merchants' Excli'iie

Metropo

is*

Metropolitan
Mount Morris*

Empire

ity

(

Excliange
Fnrragut
Firemen's

Giube

135

flreenwich

Onardian

25
100
100

Howard

50
FO
100
00
100
100
25
50
25

20
70

165
!J5

140
60

lOO

60
60
100
100

A

155

1IV>

Irvinif
.lefferson

13Ui

IS,-*

KinKsC.>unfy(Bl:n.)

148

I^a'i'yette (Br'lilyn),

l.amar

88

Lenox

lOi'i

liOn- Island (B'klyn)
118
lao

Loriliaril

JMai 'fac'rs'4 Build

Manhattan
Mech. ,t Traders'...

New Yorl£
New York County.,
N. Y. Nat'l Eich'ge.

100

WInth
North America*
North Uiver*

100

Pacific*
Parli

.Mon auk (Brooklyn)

•.87

Nassau (Brooklyn)

Phenii
Produce*
RepuDlIc
8t. Nicholas

Seventh Ward
Second
Bboe and Leather.

People's

Phenix
Itelief

Uepublic
Kutgers*
Rtandard
Star

.

100

Yorlt..

100
100

Third
Tradesmen's

40
50
100
100

West Side*

ItSO

1H5
ISO
3111)

(15

70

185
155

160

05

'.5

!ro
115

155

li5

lou

65

.

l-,0

'•I

100
100

135

141

9t

ll3

25
50
50
50
50
50

;io

l.^n

115

155
fc5

1V5
12i
160

100

180

151

115
iO
70

25
25

i.;i

191
112

lilo

225

100

liJO

lv«

20
50
50
60
100
25
50
100

luo
115
lis

200

t-5

DO

70
125

S
155
IdO

H5
Co

90
70

H5

100

25
25
25

liO
16
1

12.)

ino

133
II)
210

10

80

110
14t

no

Connecticut River
Conn. A PBoanmnsIC
oQiitttnn Valley
RaslorL (Mbbs.i. ............
Kastera (Now Hampshire)..

siiockii

A O.it
A O .t..

,Mar. llojgli.

WhU

Oa8 Coupakisb.

Par. .Amount.

Brooklyn Gas Light Co

25 2,000,000
20 1,200,000

....

bonds

1,(X)0

Var.
Var.
316.000 A 4 O.
l,S.50 00o f.&A.
750,000 I.& J.

4 lioboken

1C4

IS'JS

!05

11')

93

95

Inly,

160

i;o

Nov.,

219

222

1K82

155
105
84
104

•00

Sept
Nov.,

7»
98

Nov.,

110
105

do
bonds
Husks, Brooklyn
do
scrip
New Tork
People's (Brooklyn)
JS«nat

10
1,000

1,000,000
87i',000

M.4N.

.Jan.,
lSfl7

Var.

125,000
466,000
1,000,000
1,000,000
1,000,000
8,000,000
780.000

Var.
F.A A.

1900
July,

(jnar.

Oct..

bonds

Matttal.N. V

Bends
(yeniral of

^ew York

SO
50

WUliamsborg
do
bonds
Metropolitaa, Brooklyn

1,000

100
100

Municipal

do
bonis
Fulton MuDlcipat

'ibb

[(juoutlons by

H

Reeeker St. ft Fult. Ferry— St'k

.

1st mortgage, consolidated
BKghtb Avenue— Stock
1st mortgage

..

IM St. A (irand St. Ferry—St'k
lit mortgage
Otntral Cross Town— Stock

100

800,000
694,000

1,000

100
100 1,800,000
1,000
100
1,000

tot morteaife

shows

!.

38

42
107
96
70
72

93
t-0

A.«0.

1901)

101

lot

July,
Oct.,
18b4

70
195

73
2«0

M'.'iN.

105

110
7S

U. 4N.

1

I.
).

A J.
A J.

Q-J.
J.AO.

Q—F.

25S,

Rntlar.d. preferred

130

.

J'ly,190l)U13
Oct., 'Bl 137
"
June '81
104

115

"81

140
iiie

210

no

.

A D.

250

June, •981114

119

1,000

Oct., '8l!200
Jan.. '8) 100
Nov., '81 200

210

Apr., '93

115

1

100 1,200.000 <J-K.
900,000 J. AD.
100 1,000,000 CJ-J.
100
100
100

208,000 J. A J.
748,000 M.AN.
236,000 A.AO.
600,000
200,000 M.AN.
250,000
600,000 j.'aj!

J.AJ.

7

2^

150,000 A.AO. 7
1,050,000 M.AN. 7
.')00Ac
200,000 M.A8. 7
100
750,000 M.AN
5
1,000
800,000 J.AJ
7
100 8,000,000 Q-F. 8
1,000 .!,000.000 J.AJ
7
100
600,000 F. AA. 4
1,000
250.00(1 M.AN. 7

last dividend

oo

stocJU,

no

110

iVo'

65
NOT.1904 105
«0

LlO

Jnly. '94 105
July, 81 135
Apr., '8} V'S

140

Oct., '84
Se|)t..'8*
,

70

130

13:J

Allegheny Va'lcy.........

A

5Ve8lern

.

.

pref. •.
do
Oitmden A Atlantic.
pref
do
00
Calawlsss
pref.....
do
new pref
do
Delaware A Bound Brook...
East PeaBBVlvanla
Bimira A Vfllliamsport.... ...
pref..
do,
do
Har P. Mt. Joy A Lancaster.
Huntingdon A Broad Top...
do pref.
do
Lehigh Valley

.

July

"i 110
'VO

llj

NOT, '81200
July, "go

in

lis

,'811150

155

iMay. '93 105

112

mUnxlty bmdt.

168

Peansylvanla...,
BcbuTlklll Navigation
pref..

BAtUtOAS BONDS.
Allegheny Val.,7 S-lOs, 18M.
123«
7b. K.eit.,l910
do
.

'94.

Belvldere Dela. 1st m.,6e,190a.

2d m.68. '^.>..
8d m. 0B, 'd7.

i>2M

1901

;•,,.•

""

lOtfK

lis
12a
121

126

187

6a,

189S,M.AS

6s,exempt,'^,M.A3
126
J

ea, 1900,

68.1902,

Q—

J.AJ

Per share

1

121M

Ul

W. Md. 6s,l6tm.,gr.,'90,J.AJ.
do Ist m., 1890, J.A J... i'lo
do 2dm.,gnar., J.A J
1I5K
110
do '2d m.,pref
do 2d m.,gr. by W.Co.J AJ 108
68.

3d

in., guar..
'92, F.

A Cln. 78,

J.A J

AA

...

2d, M.AN
do
S9,3d.J.AJ
do
Union BB. 1st, guar., J. A J.,
C'lnton endorsed.
do
Consolidated Gas
bonds
Oo

.

1V4K

6B,park,139C,tJ,— M. 113>i 114

Central Ohio,
Pltlsonrg A Connoll8Vlilo..50
a.^lLUOAD BONDS.
Bait. A Ohio 68, 1885,A.AO.
N. W. Va. 3d m..gu«r.,'ii,.IAJ
Pltlsb.A ConneirBV.78,'98,.itJ I25« li6«
Northern Central 88, '!?5, J AJ I OH 110
68, 1900, A.A(J 117
do
11^
do 6a, gld,190li, ,i'.Aj! ..
lOOX
Cen. Ohio «9, Ut m.,'90,M.4 s. 101)

do

A
A

IOC

126
lat pref
CO
18l)H
2d pref
do
Wash. Branch. 1(XI "7
do
Parkersb'gBr..50
do
SO 82H
Northern Central
50
Western Maryland
•Jt
common. ...K)

Mar.

v.i}.cuup,'33
6e, c">
mort. 6s. '63
Cam. Atl. Ist m. 78. g., Iil93
do 3J m. car. 7b, 1^71)
Cam. Burlington Co. •s.'Sl.j ..
CatawlBBalst.is, conv.. 'S2...I

do
do

t

74

deb. is. '.i:'

U!o Grande D v.
do
cons. 111.. 6s,g.,lyui
do
lnc.Al.gr.,78 191S
00
Union ATlioBV. iBt ni.7s, 'm.
United N.J. cons. m. 68, '94
Warren A F. Ist m. 78, '911
West Chester cons. 78. '91 ...
West Jersey 68, deb,, coup.,'*
iBtm.es, cp.,'96.
do
l8tm.7B,'9J
do
111
conf.BB, 1909 .. lOS^i
do
W. Jersey A Atl. 1-tm Ss, cp
Western Penn. I',K. 68,(:p.'J '.
68 P. fl.,'9«
do
CANAL BONDS.
90
Lhes. A Del.. iBt m., 68, 1883
icmi
Lehigh Navlga. m.,68, reg. ,'8; 116
do mort. RK., rg .'97
do mort. gold, '97
do cons, m.78, rg.,19r

do
do
do
do
do
do

'

S2)i

WestJeraeyA Atlantic
CANAL BTOCKB.
Lehigh N avigatlon

In default.

!l)93'
78, R.
73. coup, off, 'H.

5F,i9k6,new
Norfolk water, 8e
B9Vi' 60
BTOOKB. Par.
RAILROAD
bl)i
bin
lOU 198
BaluAOhto

.

*

C,

conv.

Cb, defense, J.A J...
1C3
68, exempt, 1887
6?. 1890, quarterly..
do
58, quarterly
Baltimore 68, ISSI, qusrtcrly.
!06^
do «s,',8S6, J.A J
do 68, 1S90, quarterly... 114

WnRtJersey

do

—

BAI^TIItlOKB.

do pref.
do
188
United N.J. Companies
West Chester consol. pref .. 37

Inc. 78, end..

9T

gen. m.6.. g..C.l'0
In. m.. 's.LOnii., *;96
d b. couf>., i'93*
do c )up. on, itSJ
icrlp. liSi

do
do

Canden ttAmco
279

1

Ponnsylvanta.
PhiladelplilaA Brie....
Pnlladelpbla A Heading
Philadelphia A Trenton
Phlla.Wilmlng. A Baltimore,
ot Paul A DuluthR.H. Com

do

128X

1H-"

Maryland

87

-

do

'.

Morris, boat loan, reg., ISS.'^
Pennsvlvanla 6s, coup., '.910.
Schnylk. Nav.ist m.68.rg.,'9:
do
2d m. 68. reg., 1907

.••••

NBBQuehoning Valley
NorrlHtown
Norfo k A Western, pref
com
do
rto
North PennBylvanU

1

13.5
I

20«

Dot the daUof

to'S.'i

various
ItAIX-BOAD STOCK".

<io

'
'8

Aug

••,•

US

4a,

bullilo Pitts.

Imi».m.,6-,g,,

I'o
2dm. 6.1. DM.. 25
SunbaryA Erie Ist in. 78, '97..

;

.reg.or cp.

66,n..rg., prior

rons.m.esg.UtOlsm

do
do
do
do
f o
do
00
do

i^'yra.Gen.A Corn'.',Ur,iB.l^ii& lOd
Texas A Pac. 1st in.,68, g..lW)i bo;<

pre!

53, rei.,lHh'J-1892
117
58 uew.ieg.,lii9i-l«.'J
6«,U»-15, reg.,H77-'Sa.
6s,lli-25,reg.,lMa-'52. 1C2
43, rcg., 18»4-1!)01

do
do

iVcI

Oct.

I

184
09

CITT BONDS.

PbU»delphla,os reg.

(To

1110

Sleuhenv. A Ind. Ist, 6s, 1834.
Stony Creek 1st in. 7s l9ti7...
Sunb. Hsz. A W..Ut m.,5!>.'2'i

20«

Ce'ntial

Wlnehlll

SO

Nov.,'8'1 102
Oct.. 's; 100
173
Oct., '81 125
1888
102.^ ibis"
July, '81 110
Ocl . '81 130
133
Dec. 1902 118
IvO
Aug., '8li 92
97>4

Q-J)

do
do
do
do
00
do

dj

do
7«.r*jg.,I«t
do
H'ch.A DMV.coni.int.il'.ia 5

128

Little Schuylkill

Inly, 'ni 26

Nov.,

650,Ono F.A A.
250,000 J. A J.

500
100 1,199,500

Third Avenue- Stock
Ist mortgage
Twenty-third Street—Stock.
• This c Jiumn

1,200,000

1,000
1,000

ftEtension
Sixth Avenue— Stock
1st mortgiige

101
111

500AC

1,000

U
Coniol. convertible

.7.

U
(8
105
75

II

1H9S
100
Nov., '81 230

1st mortgage
Honst.West St.A Pav.F'y— St'k

Beppnd Avenue- Stock
mortgage

8

300,000 M.AN.
200,000 Q-J.
400,000 A.AO.
800,000 .1. A J.
800,000 J. A J.

100
100

1,000

^

2,100,000
1,600,000
2,000,000

1,000

....

Ist mortga;je

3it\

L. Qbakt, Broker, 145 Broadway.]

mortgage
1,000
Broadway A Seventh Av.— St'k
100
Ist mortgage
1,000
Brooklyn City— Stock
10
Ist mortgajie

*

Aug.

l>i i)ct!,'

|1 .5011.000

1st

Broadway (Brooklyn)— Stock
Brooklyn Crusstown.-St'k ..
Ist mortgage bonds
Bnshwlck Av. (B'klyn)— Stock.
0entral Pk. If. & U. kIv.— Stock
Consolidated mort. bonds
Obristopher & Tenth St.—Stock
Bonds
Dry Dock E.B.t Batt'ry- Stock

.1.

7>i

63«

61

Feb.

100 !,500.000 .1 &S.
500 1,000,000 F.* A.
100 5,000.000 IJuar.
1,000 1,000 000 F.& A.
25 1,000,000 Var
Vs . 700,000 M.&N.
100 4,000,000 .M.*N.

lsetn)Polltan

128

2d m.. "8, cp. "3.
cons. m..7s,'^p., 19.1

BhomoKin V.APott8v.7B,

Portland 8sco A
Pull. lan Palace car...

mt

do
do
do

105

Pltts.Cin.ASt. L. 7e, cou.. 190C-

65
11)8

L. Cbamplalu ...
pref..
do
••
Old Colony............
Portsmouth 118

Penna.58, g'd,

Nov.,
Auk.,

.

60
20
60 4,000,000 t.& J.

Mtnhattan

do

..

prcf ...

FHILADKLrHIA.

Dale.

100
94
ISO

deb. 78. (ipp.ofl
do
do mort., 7s, 1892-11
Phlla. Wllm. A B.lt. 6s, '81..

ogdensb.A

WiECon-ln
no
I

9W

e2k Phll.AK.Coal&lr'n

Northern of N. Hampsblrt...
Norwich A Worcester

W

Street.

88

85

..
Nan^tibAt uov/ell.. ........
•Jew York ft New lingland..

8T^TS AND

Jersey City

..

comiU'in

Iowa FhIH* SIOUX Cliy..,.
Lll..e liockiS Fort smith ..
MancbBSler & Lawrence ..

evere BcacU A Lynn
Ve inonlA MaBsaobasetts.
-r''*'!'!.'"' ^ Nashua

and Bonds.

[Gas (Quotations oy tteorge U. Preutlss. Broker, 17

do
narlem

36)4

FilatAPere Marq ...
pref
do

Mar.IlO'gh.

CO

A

Fitchbiirg
(iulf , pref..

109
loe

4Xs....

ABa

Concord

A

118

«

2m

127

1I7«

p., 16 -"O
"<"-'rfK>men Ist m.88.c'>ui'..'ii
Fhi..Wilm
t .48,Tr.cerif.
7'<,ip.,"i«
fblla.
KrieSd m.
do
coas. mort. 68. ^'.^0
5'.
po
do
Iv.Y.. let ro.
Phna. N'ewt'n
Phtl.A H. lBtm.6s,ex.uue 19

..

,10

!2I
128
1v3

reg

do
do

o

Boston A Providence
Cheshire preferred
Chi . ji. W. Michigan
Cin. SandusSy A Olev

K'ort Scott

6s.

do

.

Gas and City Itallruad

Cltlxens'Oas Co (Bklvn)

Penn. Co.,

8s.

UoetonA Maine

75

85
(5

Is....

Atcbl»on
BoKton A Albany
BoBlon ,fe Lowei'

120

lOj

ea.AN.Y.C.ARK.7s,'898...
moii ...
do
V26M Penn8ylv.,gen. m. Ca, cp..l9ir
do
gen. m. Ga,ig., 1910.
cons. m. 6j, rg., 1903
do
lOlH
do
con8.in.68.cp., 1905.
CIO
5i
do

—
new

Vermont* Canada,

108X

t-Itlsb.Tltusv.A B.,78,cp..'96
Scrip
do

mort
Vermont *MasB. 'tit.. 68

70

So

10«<< ....
I'o i^ew loan -e, re?
Sof'l£»Wc-t.,?cn.m..6iil 81 I08»i lOtM
n. creeU Kit ui. 78,coup.,'B;. lOi

Inc

Itulland 08, Ist
i

in . 88, cp^'SS,

2dm.7B,cp.. '96.
do
do gen. m. 78,cp.,190a.
do gen. m.7s,reg., 190"'

i.lSt
7s,l

<:o

70
123

100

.

uid Colony, 68
i'ueblo A Ark. Valley,

(10

155
115
ISO

..

North. Penn Ist

Ft. Smith,

STOCKS.

120

doreg.,189<...
do
do 21 m. (8, reg., 1910. 13 J
do con. m.,6s,rg.,1921 120><
6b,' p.,19.«
do
do
Wttle Schuylkill, iBt m. 1-,'^i
N. O.Pac. lttin..68. 1920

It., ItiV.

OM Colony, Is

I'iO

21

WiH

.

I

W>

A

(.Itlle It'k

5^

'

Mexican Ceutral, 7e
.Sew York A New Eng.6<
'S
do
New Mexico A so. Pac. H.
ivuensDurg A) Lake Cu.r> ...

A Topeka

Tradesmen's
Uni ed States
Westchester
Williamsburg City.

I51«

lf.5

125

2:0

Amboy,

'

K.. (itv Lawrence A 80. 4D..
K»«<.(!iiy. St. Jo.AC. B. .»

KO

sterling
^tuyve.sant

100

Union
United States

iill

100
50

Park
Pe'er Cooper

100

120

.%

.

Uarrisbnrg iBt mor» 6a, '8M..
(1. A B. T. Ist m. 78. gold, to.
cons. m. 5s, 19ii5....
o
IthscaA Athens 1st g il, :s.,'ao
unction 1 St mort. 6s, *82
do
2d mort. 6b. 19110 ...
Lehigh Valley, lBt.68,cp.. 189S)

'llchbOTgUR.,»8
7!
do
Fort Scot' A Golf 7s
lartford A Erle7e

Ills

5

fa-«U'np»ic.

78
aBlCrU. M*88., 4)SB, new.

125
:uc

1K5

.1-

116

I'aciflc

100

90

BaFt')n

Cmncttjn Valcy.

60
60
lis

North Uiver

100
100

100
120

17

37^

Niaiiara

25
20
60

People's*

80
50

127

A Providence "s ....
A Mo., land grant 78..
Ex
Kebr.6s
do
Nehr.es
do
Nebr.ls
do
Chicago Hurl. A Qulocy4'..
11

Br., Ist,78.l90r,

1

inrl.

18

National

Now Y.rk Equitable
New Vt.irk Fire
New York & Boston.
^ew York r'ity

100

85

88

10

Merchants'

70
SO
25
60

Oriental*

^.lO

llO

LowellTfl

19110

Bast Penn. st mort. 7e, '88
Kl.A W'msport, IBt m.,78,*8U.
SB.perp
do

.

63

A

do

61

Meclmnics' (B'aiyn)

US-

a

income
Maine 7s
Albany 7s

i^ostoo

70

S2.I

1

A

AOk

..

6s. 1900-1904

ABound

Oei.

A racia , 6s.

do

lift

50
60
100
SO
20
40
50
100
25
60
25

Kni(;l(Qrhocker

30
llH

toatoa
tioston

260

100

Importers'

'Boston

2
160
131
168

1(«>

15

Tr'd'rB

160
113

S40

50
50

Home

J

19)

100

Hamiii.on

Hanover
Hoffman

IW

IT

10
100
100
50
50
25
100

Kiroraen's Trust
Franklin & IHmp...
(Jerman-Araerican.
Gerinania
ISO
110

2,'i

60
100
40
100

Eagle

150^4
1^5

100
100
100
100

Nsssan*

New

200

MercJiTitile

Murray HIM*

Sixth
State of

2C>

30

Columbia
Commercial
C'lntinental

100
100
100
100
SO
BU
73
too
100

Fourth
Fulton
GaHatin

lOl)

IO.S

Brooklyn

25
25

Avenue*

150

City
Cliiiti>n

101)

Kaat River
BlOTenth Ward*

50

Cittsens'

125
iOOO

100
100
lOO

Commerce

VlfSL...

U7

136

25

^iizens*

fHfth
Fifth

American
American Exchange
Bowery
Broadway

160

*88

Chartlurs Val.,l8tm.7e.C.,l90;
Delaware mort.. 68, various.

lan'ilnc. 8R.

Atlantic
.

145

new78
Conneetlne

land grant"?

fio

Bid. A$k.

Bid.

BXCTJIilTIBS.

Catawisca, chat. m. ,108,

A Topcka Ist m.'s.

do

xxxm.

Boston, Philadelphia and Baltimore.

BSOVSITIBS.

vtcb.

Par.
Mitrita tAu» (•) ore
not ifatiotviK

Com

...
.

|ToL,

m

Quotations

Local Securities.

Companies.

Butchers'

—

..

....
.

.

THE CHRONICLE.

712

Bowery
Broadway

—

t

1

5»>i

120

S8K 8»«
104^<

....

1

—

.

:

.

DacKMBm

2-1,

1 :

.

1

.

:

:

THE CHRONICLK.

1881]

718

1

—

Railroad RArnloffl—The latest railroad earnlagii and the
New V»rk Ciljr Uaalu^TlM loOowta* atal— tafcowUw
from January 1 to latest date ani given b«low. The eondiUoD of the AiKwUtod BmIh oT llMr Tofk OUy fot Ik*

totals

•tatenipnt includes th« Rrowi earoiofcx of ill railrtiadn frotn
which r«turnM ran be obtained. Tbn colamna under the head*
log " Janoar/ 1 to latent data" fornUh the Brow eamlnfpi from
Janoary 1 to, and inclading, the peiloa mentioned in the

oeond colnmu:
^ -Latttt MTMinat reporteit—s
WMkortlo.

18S0.

•—/on. 1 lo tatul (taM.—
IH81.
1880.

insi.
1178.343

«r>l.l.'SO

Atch.Ton.*H.Ke.No»i'nibcr. 1,277.000
'jH.HHn
Bost.A N.Y.Air-L.(vtob«T...
K.iT.i
Bur.t;.Kai>.AiNo..-Jdwk Dno.
l^.'iJli
Oftiro A Ht. UnllB.lHtwk Uou
61,000
C»riOliii» O'Titriil Ootdl.or.

8H7.^.^3
y.'.nnn
il.VHT,
n.'.210
74,.^-0

Ala.Ot.Bonthi>ni. November.

.

OeiilrHi

I'll,

(TOU.eoe

9383.090

2in,:i(i-.'

^nsi.'.'oj

2,i;il.O'J2

l,i»»:.,r\'JI

3Ul.l:ll

;iST.'.2r<l

47.^,ft33

4U8,()4»

211.820
1K0.707

aodlnn at ihw xnaa

Nsw Tsrk
MaolwlUn

2.2e9.n33

2.-ilA.!S()5

7,14«.04S
0Uo7Burl.diU...()vtok(>r... 3,031.001 1,934.70'j 17,4a4,833 17.0U1.U1G
31.830
20.847
kit. ni.Ji
lll..-J>l wk Doo.
Oble. A KMt.
2S.418
36.308
OfclcAQ.Trk.Wk.cn.l.IXw. 17
310.3.1 15,977,000 12.3i7.625
<nilo. Mil. A Ht. F.lM wk lleo. 416.000
434.000
327.300
20,787.594 18,631.807
Olio. A NoTtli«..2<I \rk Deo.
90.6SI
C0.3:
3.765,404 2,U48.6>i7
01U.8t.l'.MliiA0..ad wk Dec.
81,7«(0
0«.177
OlilcA W, Mlvli..8ci>temb-r.
44.113 2.195.215 2,302.155
an. IiiiI.Bt. I..AC.3d wk Deo. 46,080
759.648
20.277
731.343
24.838
OIn. <v PprinKf. ..?<! wk Oot.
90.410 3,496,789 3.4S2.089
93.628
Olev.('ol.<Mn.AI.UdwkOcr.
8,7(Vj
1)00
7,732
304,833
401.783
dOT. Mt.V. A npl.lut wk
,'S7.075
50.075
Ool.AIIi>ck.V.,Ac.'.!il wk Doc.
1I0.:12.1
ISli.HHO
wk
6.634.026
Doc.
3,37lV326
Denver A Klo Ur
8.310
6.7S9
374,500
304,818
OeaM.AFtDodKe.liit vrk Doo
2H,M11
21.735
Det. L!iQi».A Nu..2il wk D<w.
27,005
24,3(U5 1,001,542 1.050,327
Dubui|ii»iA8.t;ity 2a wk Dec.
KMtXeim.V. AU.2 wkg Doo. 142.730 154).274
3H.272
32.935 1,764,050 1,513,533
Flint A I"ore M»r.2il wk Doo.
128.111)
162.200
€lal.Il!\r.& Sail A.Ootiibcr ...
07.."i31
107.293 5,025,690 4,050,033
Qr't We«t«rn.Wk.end Dec.lO
8.371
8,718
Gr'n Bay AMlnn.lstwkOct.
75.727
Oull ("ol. AS Fe. November. 131.424
43.54
S 2,133.830 2,387.519
43,78?
HuinUmlABt. Jo. 2d wk Doo.
7..57S
143.887
89.310
18.487
Houst.E.AW.Tex.Novomlwr.
4093r!3
2.658,855 2.387.2U0
BnuBt. A Texas C .SeDtemb'r. 381.517
lUlnoUCen. (III.). November. 835.820 000.905 0.147.000 6.000. ISO
176.214 1,686,698 1,024,872
Do
(luwal Novemlwr. 162.400
39,566
30.019
ilndiana Dl. A W.2J wk Deo.
3i).6.'4
38.654
465.010
3!)i'.29;)
Ind. Dfc. A 8p... November.
62.510 2,033,481 l,815,4t4
70 ooa
Int . A ()t. Nortli . . 2il wk Doo.
00.895
85.889
November.
Iowa C'aotral
23.426 1.318,026 l,i2V.463
25. •.72
Lake Erie A .Vcst.2.1 wk Dec.
43.404
355.411
340.000
i2.4G4
liOuUu. AMi>. l{..Hci>t«mb'r.
210.000 10,733.034 8.977.201
lionlsv A NiviUr.yd wk Dec. 203.880
101.070
134.742
Marq. 11. A Onl'n.Septcnib'r.
44.723 1.175,103 1,097.102
Memp. A- C!Uiul.-.2il wk Doc. 37,11.'S
6.879
201.082
220.8S5
5.789
eir.p. Pad. A No.lst wk Deo
571,310
367,057
13.820
8,919
MILL. Bh.A West. 2d wk Doc.
6s.0:tO
1.073.
401
82.240
717,784
lIlnD..vc et. I»iui8.3 wksNov.
140,270 7.000,329 .5.791.C;I4
IMo. Kant.ATex.2d wk Deo. l'.)l.l.")l
111,214 6.102,003 5.1S3.320
l,")8.tfS0
Sllssoiiri I'luiiUo .2d wk Dec.
251.307 2.127.198 1.1I80.249
Noveiulier. 2.i2.4:i4
MobilK A Ohio
182.087 1,»J2,12« 1.873.427
152.059
Nasbv. Cb.ASt.L. November.
K.Y. h. ErleA'W.8cptcini.'r.l,731.200 1,780.418 15,291,509 14,005.332
52.r57
44.370
N.Y.A N. KnKrd.2d wk Dec.
50H.821 4,493.323 4.311.285
4.53.277
N. Y. Pa. A Oiiio. October
209.017
2,017.081 1.882,449
Korlolk A \Vi!8t... November. 2U!,43D
Hortliemt^cntral. October... 419.604 512.918 4,479,914 4.097,022
65,249
3,771.547 2,519,215
72,700
Northern PaciUc .2d wk Doc.
81.031
October...
Ohio Central
8.031
ObloSoiilbern....2d wkDec.
Ore^'u K. Niiv.Ck). November 458.300 324.305 3.988.535 3,1 80.434
37,558
493.627
305.55
81.237
Pad.AKlia>betlit.Noveiuber.
Pennsylvania ....October... 3.672.971 3,882,714 36.552.212 34.137.327
13.B55
8,072
050,084
427,370
PeoriaDec. AEv.2d WkDec.
307.082 2.887,459 3,120,848
Phlladel. A Erie. .October... 292.392
Pblla. A Kcadinjt. October . . l,9S'.i.948 1.746.299
20.233 1,325.514 1,356.178
18.315
Bt.L.Alt.AT.H. ..2d WkDec.
703.554
687,276
10.770
23,400
(lircli«).2d wk Dec.
Do
148.344 6.940,740 5,905.334
Bt. L. Iron M t A 8 2d wk Dec. 101,852
.59.401 3,009,853 2.584.334
69,454
8t. L. A 8ao Fran 2d wk Dec.
79,101 4,585.148 3.006,395
at.P.Mlnn.A.Uan.2d wk Dec. 105,433
415.747
304,237
6,068
9,753
2d wk Deo.
Bcioto Valley
Boutb Carobna. ..29dy6N'v. 116,965 114,831
66.595 3.707,026 2,552,239
85.017
Tezax A Paclllc.. 2d wk l>ec.
15.140
11.554
Tol. Delp. A Burl.2il wk l>ec.
Cnlon Pacitlo ....17dys Dec. 1,314,530 l,013,7c6 26,499.363 22,022,490
«.L.Al'ac.2d WkDec. 332,786 259,082 13.863,819 11,873,108
Wab. 8t.
! Includlnz Oblo DlvUton.
1 ineliidInK leased Une«.
Exchange. Quotations for foreign exchange are as follows,
the outside prices being the poBted rates of leading bankers
7.2."i.l,78l

M

M

.

Prime bankers' sterling bUlB on London. 4 79>s»18'»3 4S3>s»4g4ia
4 92>a»4 83
4 78>)i»4 79
Prime commercial
4 78 94 T8>« 4 82 94 82'-<
Docomeutary oommerolal
5 26t4»5 24^ 5 21)495 10%
Paris (francs)
39''89 40>«
39>9» 3g\
Amsterdam (KuiUlers)
94Tg9 OS's
94 « 04 >4
Frankfort or llreinen(relohmarhs)
V. a. Sub-Trea-snry. The following table shows the receipts
and paymentfl at the Sub-Trea.'»nry in thi.n city, as well as the
bal&Boes in the same, for each day of the past week:

—

Batttnea.

PaymentM.

SeeeipU.

Dm.
••
*•

"
"
'

17..
19..

20.
21..
22..
23..

1.109.847 33
1.422.033 6i
1..')10.933 01
1,273.181 88

CMh.

1.858.9.53

.59

2,717.263
2.048,524
1,251,449
8,9.50,119 95 •9,287,088

51
43
01

92
1,235304 63

920.140 90

86.172.118
85.0O9.7j8
84.581.079
81.553,439
84,215.225
84,015.382

08| 4.612.205 17
12' 4.509.8.59 24

31
2.1

39

4.420.122
4.415.377
4,448.614
4.363.233

05
57
68
59

15,186,859 60 18.389.672 10
* 93,000,000 in receipts ami payments was
transferred from one
aoaount on tbe books to another.
Coins.—The following are gnotatioM in gold for Tariom coins

!F«tal..

Bovereltcns
Napo'.oons

X X Koichmarks.
X Guilders

$4 82
3 8J

9$4 88

»

9
9

3 86

4 76
3 96
3 97
Bpan'b Duabloon8.15 55 915 70
Mei. Doubloons.. 1 5 .50 915 60
Flnesllverbara .. 1 12'4» 1 12?»
Flneguldbars
par '<»>4 preiu.
Dtmea A >scUmed. — 00 'a a par

4 73

"'
Sliver

*
and'
^^

Five franos

'

•«*.

""•-« par.
— OOV*
— 83 • — 95
— 88 » — 89

Mexloar. dollars. .
Do nnciimmero'l. — 80
EuftlUb silver... 4 70

IT.

...

TrMMsssa's...
|)^llt4in

('homliwl

Rlrh.
NsUon'l

Uitrrh'Dlii'
(litllslln

Hutoh«ni'ADr<?v.

MsoSijilei'ATr.
OrcmiwIeB. ._....
Lnulisr MuTra
JuTiDih War.).,
iutoof .S. York
Arasrlosn Kxeti.
Ci>nimeroo
Broiulwav

Koran tils
Psciae
lUputillo

Ubatbsm
Peopls't

Surib America.
lIuDovsr
IrTloK

Motrop^lltan
Oaisens'

...

.SikMSU

Market
Nlebolna

it.

ihoe A Leather.
Corn Bzcbanj;e.
Continental. ....
'irlenUI
Vtftrlne

luportera' ATr..

Park
Uueh.Ului. Asa'D
.Sorth Klier.
Bs«t Itlver...

Vonrth NacloniU.
(teairalNat
Second NHtlon'I
.VIntb Natloaal..
Plr^t Nitlcinal..
Trtird .Niitlonal.
N. V. .Niil. Itxch..

Boworv National
N.

VorkCoantj..

Uerm'n Amerlo'n
Cbaae National
tirtb Avenue..
German Kzch.
tiermsnlu

189 JO*

U.S.Nat

TotM

The

iriw.TOO 81g.»78.4r.

IB.'WBJJO <S4J>7*k>l«0.l«T30>

deriations from retams of preTloat week are aa follows
Dee. |l,tl'.SM
Doe. «1.6ia.(ao Net depoelu

boant and dlscoonta

1

308.300 1 Clroulatloo
I.SOO1

Inc.
Ueo.

gpeele

iMml tenders

The following

IMjeW

l>ee.

are the totaLi for a series of weak-s past:

Loam.
lAsi
a
1.... 330.41) 7. 400
Oct.

—

8.....1*'.ia3.900

Svttit.

s

—

5O.B43.20O
6«.^31.400
5».i«7.200

C. TfivUn.
t
it.73i>.30o

U.Sje,^00

IVp.>t(t<.

Cir:»lt!lai%.
Aft. 'Oaer.
'

•

«

4
sas.si/).ioo
81B,(«»7.«00

lo.sse.ioo 'MS.iu.aaa
ia..3S7.iooit5t.ou.4aa
1».8»«.I00 im.7at.Ti7

ia.iT4.soo «vo.aisjno
H.3J9.400 IK.«0d.7O0 8»(.e4).»M i».:iia.oao assjw.iw
IB.St4.0aO 881.1*4^0
.
.
S9....30U,8.VI.3aO dl.OSH.lOO ia.as«.Mo aiM,03^Mo
S .. 3<3.330.9!I0 60.913.300 Ujtll.8(l} Wi.O'«.MO W.0M.40O IWI.I>«,U»
l«.... 813.183.800 80.7i«.000 I4.8S3.000 8Ml.<t7>.aOO 80.018.140
i«....si9.i'<».sao M.»:ff.7aa IM7II.0OO ni.OSMOO l»lH»MIO 80*J1«.:
2fl....Sl4.758.M)0 57.09'.I00 lSJI»i.O0O »!«.Ba8.400 (0.0X0.800 8»».r—

15 . . .»18.34'4.V)0O
a.'....!lll.S:iJ.jOO

Nov.

M.W«JWO

TtMtJM

8....8is.8<i.:oo

Dec.

10....«U.7'<H.l)UO
lT....311l.»7S.tOO

—

sa.3iejno I8.86I.700 8a8.4STMe Ht.taR.«e
Bl.«-;«.>IOO 13.740.400 8l«,«(B.iaO SI>JM.40a
ftS.aU.200 i}.73H,ooo «s:.«n.6oe M.ttrjiao

Boston Banks.—The following are the totaU of the Boat*B
banks for a series of weeks pa.it

"

L.IVnd«ri.

Loan*.

Spteit.

)43.tW7.000
l«».7»t.l09

7.818.410

0<rMtta.< Oir«u(el<ea.

%

18S1.

Am-

Vlttr.

ge.«i».ioo

»i.io«jao

7i>.4ian|

8.liaj00 1.4'W.OOO «}.8«.«J0
A4T7.aaa M.8Il,iU0
8.088.400
!».. l4».itWJ0O
IncludInK the Item " dae to other baaka."

a8.« 1.800

TIJINjft

Doc

S.

4.10X800

Philadelphia Banks.— The

74jn.SM

IU.lgO.0OU

totals of tha Phibilelplua

baaks

_

d1?**b
o....
uec.
••

W

:

73.8Jj.eOT

i7.aSi.opi

ito54.739
7I.MI.54i

i7.wiaa«i
17.493^)28

tyfMM*

esjm.TSJ
•4.78«3a

\\.\njao
ii.i4a.s?i>

a*:

11.13».7«

•I.

Unlisted Stocks and Bonds.—The followiag ar<» the r»••
"
ported quotations for secariUea that are oot listed at »•
Stock Exchange:
7«/. Atktd.
S4
Uid.Rlt.ofNJ.aM.8tk.
•38
Am. Coble 0)n«tr. Co.
•145
A bonds.... 1.5>« 16%
Du
Am. Kullway Imp Co.
12
10
B bonds...
5-4
Do
AtUntlcA Ot. West.. 414
3«4
pref
4M Kexlc«nNst.enh«..ex .... MS
Do
BS>
linnds.az
Do
2^
2 "4
Bo*t. H. A K.. newsl'K
IHi Markland Kloc L.A P.«l 00 ft 10
1
old stook
Do
North River Oona*. Co. 13<* I14>B
73
Continental Constr.Ca ....

M

. .

Ourreney.

89

m Dm.

are as follows:

Demand.

Sixty Daif$.

Deeember 23.

bmimtm

Anwrlok

.

—

t of

tMitaalx
0117

.

^

—

,

^«chiuilct*
Ortlon

. .

.

—»a

Oe.

Uvrohanta

illo...N()Vcmt)or.2.a07.000 2,100.4«6 21,8t4.0»4 lfi.no7.8!(7

Ortolwr... 337.»0»
OhM. A Olilo
OhlOMoAAlton .IMwkDoc. 177.370

wfk

9 — 87
9 4 80
—
67»8» — 09^
Prus.sllv. thaler.<.
U. 8. irado dollars — go^sa — 99»»
U. a. sUvur dollars — OO^sa par.

N. Y. Ch.

Central Railway ConstrucfuCo.lD. L.W.)
Ciu.

A

•26
•31

Ueorcta subs...

A

8t.

U sabs.

Oregon Imp. Co. 1st ex

Do

—

....

»le:k
Ori«. Short IJne sabs. B7

73
Deuv.A B. (i..W. subs. 70
Do unrdoonsdls.100'4 lOOH OhloC.subfc.»500pd.»440
3t
Pitts. A West
100
Den V. A N. Orleans
Roch-r A Pitta's OmI. *>
S50
Kdl.ion eiectrto L. Co

Gr. B. Win. ASt. P.st'k

12>9

1

& Ind 10
Hnd.Blv. Contract Co.105
Oo. exImp.
Inteniat.

Qrand Rapids
bond

.

A etook div^

Iron Stearaboat stook.

Do

13

.

53
94

SO

Istmnrt. bds 91

1 >t
tndianap. C. A I., old.
lud. Dec. A8|i. com... 30

21"

Rloh.ADMi.Ter.ri«hU 1»
Rioh.A AL satw.
8. Carolina RR. 3(1 If .. 137

MM

SehnaRomeAO.UtX.
SdU.stamp
|>o
2dll..olaBa
Do
Inoomea
Do
stook
iM
St. Jo.

A

....

4
....

W
7»
W
9IS0
t4
n.
«0

f9M
IM
4<a
....

S
1*«
1

West, stack. II
PacUlo 1*4

M

•»7'«

n

IT

»•»
83
St. Jo. A
Do
S5
30
2d mort
Do
105 >t
104
Int. Ocean Tel. Co
«>>•
n)Us3t.UMbiRR.sub
80H
86
00
raort
Neb.
1st
Kan. A
100
Texa* * OoL Imp
Lehigh A WUkesbarre 33
ISa
U.8.Kloc«rloUg6tCo.l40
181
Tlckab.Mer'aewmJt'k to
• Premium.
IDtaeomt.

2dm. 5u.c.,u

.

.

M%

.

IHE CHROI^ICLE.

714

nO.VD AND EQUIPMENT.
1877-8.
1878-9.

luwjestmjeuts

Mllea owued
Miles I'sd k contr'd.

152
297

Total operated..
Loconioti ves

449
55
57
783
51

STATE, CITV AND CORPORATION FINANCES.
The IN7B3T0K3' 80PPi,E!i!B:ifT toiUaiM a complete exhibit of the
Funded Debt of States and Cities and of the Storks and Bonds
of Railroads and other Companies. It U published on the last

Saturday of every other month— viz., Fehraari/, April, June,
August, October and December, and is flemished without extra
eharge to all regular subscribers of the Cheomicle. Singh copies
are sold at |2 per copy.

ANNUAL REPORTS.
liichmoud

&

Danrille Railroad.

(For the year ending Sept. 30, 1881.)
The stock of this company having come into prominence as
one of the leading speculative novelties on the New York Stock
Exchange, the annual report for the fiscal year ending Sept.
$0 will be read with more than usual interest. From the pamphlet report just out we have the following summary of the
income account:
$711,203
Net income Richmond & Danville and Piedmont railroads
Net earnings North Carolina Railroad
interest

^993,591

on funded debt Richmond

&,

Dan$245,231

ville Riiiiriiad

ville

16,484
60,000

Railnnul
of Pieiluiont Railroad
of North Carolina Railroad

260,000— 581,718

Balance excess of revenues over expenses and
for the year

The
was

total increase

liabilities

in net earnings over the

$411,873

year 1879-80

?177,922.

The report says of the Atlanta & Charlotte Air-Line Railway,
that since the Ist of April last this road has been in successful
operation under the direct management of this company and
as a part of its through line to Atlanta, Ga. Its traffic for the
six mouths from the date of its acquisition to the end of the past
fiscal year,

from April

*

R.

though embracing the inactive months of the year,
September inclusive, shows a large increase in its

to

& D.

:

297

449
55
59
775

450

•450
65
65

62
58

952
60

02

1,093

60
;

but the

1830-81.
305,324
17,039,792
431,275
70,108,314

$
527,038
1,437,016
224,464
2,188,518
374.565
433,029
331,328
82,278
1,224,200
964,318

INCOME ACCOC.NT.
1877-3.

Receipts—
Net earn ings

$
489,474
1,529

1873-9.

1879-80.

1880-81

$
741,873
19,868

$
786,393
42,542

964,318
23.100
259,730
13.656
103,441
30,054
1,489,299

.

$

Bonds R.Y. R. &C..
Bonds &st'kA.<ScC....
Neteii-gsR.Y.R.&C.

i»0,000

Miscellaneous.

""ii,'i2b

Interest
Total income

29,125
531,218

22,108
22,740
806,589

3,997
21,248
854,130

320,000
252,410

320,000
246,444

320,000
244,570

Disbursements
Int.

on funded debt.

Int.

on floating debt.

Miscellaneous
Total disb'nts

Balance

18,995
10,601
9,745
51,200
10,451
63,005
642,635
587,499
637,320
Def.111,387 8ur.219,090Sur.216,860

GENERAL BALANCE
Assets—
Railroart,builrt'gs,&c.

Casli on

for the Cheonicle

1.53

Ol'EKATIOXS AND FISCAL RESULTS.

f 368,494 for the same months of the previous year, being a
gain of 24'3 per cent. The impaired and inadequate condition
of its equipment at the time of its transfer has rendered its
working expense a large one for tl^ time being, which, however, is being gradually remedied. The betterments required
under the contract have been fully made for the current year,
this company being well indemnified, therefore, in the valuable
securities, amounting to about $260,000, transferred to this
company along with the railway.

The following have been compiled

1880-81.

153

297

1877-8.
Operations—
1878-9.
1879-31.
193,5a0
Passengers carried..
181,329
250,584
Passenger mileage.. 11,464,346 12,976,914 15,828,768
Freight (tns) moved.
330,158
505,753
627,941
Fr'ght (tns) mileage. 33,902,593 47,663,589 59,571,374
Earnings—
$
$
Pasaenger
401,308
432,414
503,395
956,632
Freight
1,145,373
1,275,883
113,553
Mall, express, &e....
121,307
143,577
Total earnings
1.474,493
1,699,094
1,932,860
Operaiing expenses^
Mainten'c 6t waj-.&c.
382,273
306,710
283,779
299,848
Maiut'oe of eqiupm't
317,307
501,574
247,603
Transii'tion exp'nses
275,605
289,256
55,290
Miscellaneous
57,599
66,353
985,019
957,221
Total (incl. taxes.
1,146,467
earnings
489,474
741,873
Net
786,393

Stoclcs

*ttj."

1879-80.

l.'i2

21)7

controls a macli larger mileage,

gross earnings over the corresponding period of the previous
year, the total earnings for that period being $458,130, against

RICHMOND & WEST PoINT TBRMTOAL EB. & W. CO.
" In accordance with authority conferred by the stockholders
at their meetings in December and October last, the board of
directors have caused subscriptions to the capital stock of the
above-named company to be made on behalf of this company
to the aggregate amount of $1,510,000, that being a majority
of the whole capital as at present authorized. Under the
action and direction of the board these subscriptions have been
paid and proper certificates delivered therefor. The Terminal
Company, by recent purchase of the controlling stock of the
Virginia Midland Railway Company, has secured the direction
of that important line, which brings it into satisfactory
co-operation with your main lines South, thus developing an
all-rail line of reduced mileage to Alexandria and Washington,
and thence north to all points reached by the extensive systems
of railway emanating from those points. This removes etfectuallj the only material cause of apprehended conflict with your
principal interests, and supplies a needed auxiliary line of great
positive strejigth, offering connections and a new traffic both
important and inviting. Under recent action of the board of
directors of the Terminal Company an option to take $750,000
of 6 per cent income bonds of the Virginia Midland Railroad
Company, with $325,000 of its common stock, has been offered
to this company, being its proportion of the same with other
•tockholders of the Terminal Company."
" Through the agency of the Terminal Company the connected and auxiliary lines now constituting important and
Taluable portions of your general system are being successfully
completed and improved, and brought into harmonious and useful relations with your main lines."
" In July last the board of directors, as authorized by law,
entered into a contract for the lease of the Richmond York
River & Chesapeake Railroad, extending from Richmond to
West Point, upon the terms and stipulations set forth in the
copy herewith submitted for the information and action of
the stockholders. Under this contract this C(jmpany acquires
also a controlling ownership of the steamship lines between
West Point and Baltimore, and between Richmond & Baltimore
»ia James River, comprising six steamers in effective working
condition, and regarded as a valuable and productive prop^

XKXOL

These are the miles on which the earnings below are based

Prcm. on Ixmds

Deduct inttrest on floating debt Richmoud& DanDeduct rental
Deduct rental

Pas8.,tuail&oxi>r.oar9
Freight cars
All other cars

282,388

Total net revenues

Deduct

[Vol.

»S:

bds.

owned.

Bills&acc'tsrocelv'le
Materials, fuel, &c..

hand

Piedmont Railroad..
In trust
Miscellaneous

.4.T

CI.03E

320,000
245,234
115,992
16,484
5,475
703,185
Sur.786,114

OF EACI FISCAL TBAB.

1877-8.

187S-0.

1879-30.

$

$

$

$

5,379,853

5,879,033

5,879,033

360,085
92,861
84,877
47,575
1,668,402

317,731
102,735
55,384
58,764
1,605.835
94,250

318,467
162,186
153,206
89,113
1,667.355
94,250

6,114,450
1,128,401
495,661
293,791
86,892
1,663,419
206,998
102,295

1880-31.

"312;227

93,136

Total assets
8,445,880
Liabilities—
Stock, common
3,866,400
Bonds(8eeSuPPI-EM'T) 3,623,400

8,266,918

8,368,610

10,096.907

Proflt

and

loss

Bills payable
All other dues&ace'ts
Dnc State of Virginia
DueN.Car. RR. (rent)
Proflt and loss

142.553
240,539
508,486
64,502

3,866.400
3,607,300
73,165
147,065
508,436
64,502

3,866,400
3,637,500
80.130
167,667
428,633
64,502
123.723

3,868,400
3,891,100
533,604
356.465
420,000
64,502
909,336

Total UabiUties....

8,445,880

8,266,918

8,368,610

10,096.907

Boston & Albany.
(For the year ending Septeinher

30, 1881.)

This important trunk line has much the largest earnings of
any railroad in New England. The annual report for the year
ending f'eptember 30 shows a considerable increase in traffic
and an increase in gross earnings, but a decrease in net earnings, owing to the lower rates for freight and passengers.

The

President's report says:

"

The increase in number of tons of freight and passengers
moved one mile over last year is 13 09-100 per cent, while the
gain in receipts is but 1 05-100 per cent. This greatly-increased volume of traffic has not been carried without large
additions to the expense account. The increase of gross
expenses during the year is $439,911, or 8 4-10 per cent, and is
owing in part to the extremely severe weather of the past
winter, and the increase in taxes, but chiefly to the great
*
»
*
increase in the volume of traffic."
"Notwithstanding the large increase in expenditures, itis
per mile
passenger
gratifying to find that the cost per ton and
has fallen from 872-1000 cents in 1880 to 827-1000 cents in 1881.
" It will be noticed that th8 receipts for freight have fallen
off about $200,000, while the tonnage has increased 283,000.
The loss in receipts is partly owing to the fierce competition
between the trunk lines for business between the seaboard and
the West, which has reduced the rate on through traffic to a
point never before dreamed of but more to a general reduction of about one-sixth in the local tariff, which went into
The effect or these reductions was to reduce
effect January 1.
the rate per ton per mile on all the freight moved by the company to 1 04-100 cents, against 1 207-1000 cents in 1880.;' * '
"The rate received from passengers and freight in 1880
applied to the traffic of 1881 would have yielded a revenue of
*
*
*
$8,729,594."
"The expenditures at East Boston for additional storehouses and sheds to accommodate the steamship traffic at this
This sum, together with all other
point, amount to $79,231.
outays for side track, new buildings and other improvements.
;

I

1

DaoKMBXB M,

THK

laei.j

(;hr(?ni(:lk

GENERAL INVESTMENT NtWS.

hare b«en oharfred to th« «zp«nNt>a of the jroar. Tb« •itraurdinsry piprnditurM of thts imiure aKKi^gal* ^M,30l."
tablHH HhDW
n»t incuiHH for fuur yrani.

Tlix

and

fi>lliiwtiig

the traJDu, axpauMit, uaruiugn

Canada Hontkera.— The foil
lal «<al««*al
for 1881, Oeeember baiiut partir mimau-d
OroM •amloga
nj7-i,$M

1877-78.
1878-79.
ISTO-SO.
1880-R1.
(tona) orrd.
U.M-J.aSS
a,7S8,0tfe
8,310^80
S,aM.»33
FrWicbt (tf>i») citrr'd
330,708.573 S2S,484.709 375,«53.8(M «17.108,att
one mllr
l'13o.
AT.ntep.tonp.nillo.
l-<>78a.
l-207a.
I'tMo.
VaMencen oariied.. 8,300,041 5.100,160 0,003,207 0.700,178
PaMeoffora curried
101,22I,n.Vi 101,248.331 I13,lSt.374 135,431.109
oaeiulle
3-210.
2-080.
AT.ntto p. |i«M. p. III.
S-140.
l'U7o.

OparatlnxaipenaMaDdlaiM

rraUbt

Krt •amlnfi
aoetpla rrom olhaf

$2,361,408 $2,e0R.04
4.5J0,H14
4,32M,1IU5
848,706
87'<,331

$0,633,533

$0,127,403

$7,741,118

$7,875,285

Eipennti.
$.V49,760

118,000

$020,290

pii^rliioa..

245,321

36H,4U5

362,3

rnl^'lii I'ura..
BiiUdiiigH, iie

28:1,523
136,41)6

016,><72
30:i.996

6.53,545
5U2.»<I9

2.BU8.715

3,140,196

3,2UI.35M

AU

Srpatm of road
RepalrH uf
Piiaa.

tt:

Trana.iSt gen. exp'ns'a

$1,413,907

Total

Htroction

Set Income

$2,211t,53tt

DlSl-dBlTlON

Rentals
Int. on fiiiiiird debt.

MvldrnnR
Added to Hurpltm

if;7.">.tHM>

4.-5.1.'^S

1,000.000
59,378

Iinprovonioul fund

Total

$2,219,536

$2,492,618

$2,186,873

Company

to bnjr the InterMt nf th« Htate of NortJi
the road. The company offerrd to |>ay tb» Stale
155.000 nnd to provide for the iloatinir d'bt, ab'iai $100,000.
The company p^>poaell building a line from (.'inrioaad to WUmington, of which Ibis road in to be made part
The piad ie
now in operation from FayMteville, N. C, northwest about
miles, and is graded for 70 miles further.
Central of Ueonrla.— The stock in the steamship line from
Savannah to New York is all owned by the Central road of
Qeorgia. It is now proposed to issue a stnek dividend to represent the value of this «team>blp pr.pertv.
What this ik-wk
dividend will amount to is not deflnit>'fv settled— poeeibly
twenly-flre to forty per cent. .Mr. VfaU^y, th- President
objected to this diviu-nd. but the ittM-kholdnrt ar>- inclined te
take it, as they hold a different view f ri<m Mr. Wadley.

M

«)

$3,723,324

$2,703,638

9M9JH*

Cai-olina in

j

'

$5,218,500 $5,688,412
$2.703,63'4 $2,102,618 $2,186,873
OK NET FNroMK.
$75,000
$75,000
$75,000
470,000
470,(K)O
470.(HK)
l,(i(lO.(>00
1 .600.000
1,60 i.llOO
10.-!,6;<8
47,618
41,873
450,000
300,000

•7a.«-i4

9n.Mi

I

Total

•707, t3«

Cape Fear * Tadkln Tallar, — A diitpatch
fr'<
..
_ .^.^^^
Raloiffk,
,
N. C, December 31, laya that th« OimmlMiioneni bavurmoired
to accept the offer of the New York * Soathxm Hallway Cod-

:

Earninat,
$2,275,351 $2,165,000
3,721,430
3,588,830
636,740
073,024

MtuvM

MMIMS*

•....•.„.

TpUl niMlpU, DM
Lms Inlarwt OD boadi

The fullowing table Hbowa the ezpeosea, eaminga and net
income for three ycani ending September 80
EAKNiMGH AND KxraMass.
FrolKlit rti'partmont.
other auurcoe....

la

i

TRArrio tTATiimca.

P«iii>enK(-r departiii't

715

I

Central Iowa.
Messrs. Taintor

— The

ft

following circular has been iaaaed
Holt, bankers and brokers.
"

by

New Y»kk.

Dro. 16, 1881.
Inquiries received by us relative to the t if nilii

New York ProTidence A Boston.
" tn answer to many
of the Cnntnil Iowa KHilwuy, we beg to utate
(For the year ending Sept. 30, 1881.)
"The bonds to bo ixHiird on the new line will lie th< Crntral tows RailThis company, commoDly liDown as the Stonington Railroad, way Company flrst uiortKag.' 6 per cent Ixinds. at the r;ite of only $13,i>ftr mile, and ceeun-d liy a first mortgage on (-.ilil in--.v line.
makes it« annual report for the year ending Sept. 80. 00<»
"
clnss4*s of Htut-lilinlders, llrwl and se<-mid pr.-ft-rrfd uimI f-omnioa.
The Prfsident, Mr. S. D. Babcock, remarks that no revenoehas are All
eniitlud to the privilege of snlMeilbine under tin- t'-riun i.f I'resldeai
been derived from the investment in the steamship company Gate's rlrciilar of Dec. 10, receiving with each $l.U0ub«nd $800 at
the pa-st year, as the loss of the Uhode Island early in Novem- common stoek.
:

ber

last,

following so closely on that of the Narragansett the

June previous, has prevented the payment of any dividends by that company; but it is expected that they will be
resumed during the coming year. "After several years of fierce
competition between the existing lines, during which both pa.ssenger and freight rates were reduced to the minimum, and
after frequent and prolonged conferences on the subject, we
are pleased to report that in January last an agreement was
entered into by all the lines between New York and Boston,
under which the rates were restored to a fair and equitable
basis, with, as we believe, equal advantage to the lines and to
the public. At the same time a special agreement was made
between the Stonington and the Fall River lines for a division
of the through pa.ssenger business accruing to both, which is

" I he flrxt and second preferred stoeks cannot be Inrreaxcd In any way.
"All bonds not subsrrined for by the stockholders, under the term* ef
the eireular of Uee. \i>. have been sold.
"With tins new aciiulMiiion the Central Iowa will have almut 430 miles
of ciimi>letcd road, lis total bonded interest wlil be $430,000.
"ItH net earnings, above operatlns einienars and taxes, apon only 1B#
mile.', for the } eur ending Deoember. 1880. were 9408.OOO; so that tiM
earnings upon 100 miles for that year were snRlelent to pay the Interest
upon the entire bonds cm 430 miles. The surplus eiirolnga for tlie peat
two yeara have been exjiended In steel rails, ballasting and other bettar-

raents.

wU

" When the new line is completed, tlie m«rtg>g« Indebtedneea
average about $15,000 per mile, with no second mortgage; and. In tke
aggregate, the road wlU be capttullxed kt the small sum of $35,000 per
mile, with an ulmolute eharge on $1.^,000 per mile.
" The new line tmrerties the oldeat and most thickly settled aad
highly eultlvated portion of the Btate. aud gives the Central Iowa tbe
eouimund ofalargebuHlneas from Its present territory, and an additional haul of about 115 miles east to the MlaslsslppI River, where It
will connect with two or more lines to the East, and InlerooaiiKe throofk
east and west bound tmfllc.
" At the present rale of earnings i>er mile, the road will earo 83.3SO,000; aud allowing
iht cent fur oiieratlng. leave* ever $1.000.000 nrt
earnings, which, dedui-ilng Uxed charges, would give more than $000^-

working satisfactorily." •
" Under authority given by the stockholders at the last
annual meeting, a mortgage on the road from Stonington to
Groton has been executed for $500,000, and of the bonds repreaented thereby, bearing 4 per cent interest and du6 in 1901, 000 applicable to the stneK.
" Resiwctfully,
TWSTOR A HoiT."
fSOO.OdO were sold at par, less brokerage. From the proceeds
the company has been reimbursed for the following items:
With the bonds at par and new stock at $30 the rights ar*
Extension n>ad twnds. due 1880, paid off
$50,000 worth $9 60.
Warwick BraneL Kiiud, conelructlou account
67,151
Chesapeake Sc Ohio. This company has begun to ran »
Harbor Junction WharX
63,679
regular train through from Richmond, Va., to Lexington, Kt.,
Total
$181,133 659 mile.", a car from this train going through to Cioeinnati d;^
"'The floating debt is now entirely extin^ished there is the Kentucky Central from Lexington, while close eonnectioa
no constructii m account open; and there remains from the bonds is made through to Louisville also. The o^mpanr has also
begun to haul West Virginia coal to Leuisville and Cincinnati.
sold $118,866 available for further outlays.
"A lease of the Pawtuxet Valley and Pontiac Branch roads The distance from Richmond to Cincinnati by this line is 6M
has been taken for five years from Jan. 1. 1880, at which time miles and to Louisville 653 miles.
(lereland Monnt Ternon & Colnmbns The Cleveland
they were opened for traffic by this company. The business of
the line has been satisfactory, and will probably steadily in- Mount Vernon & Columbus lio.id was reorganized Deeeratwr 1,
under the direction of UoUaod bondholders. The following
crease.
directors were chosen C. J. Cauda, New York; J. M. AdanM,
The traffic for the year was as follows:
1880-81.
1879-80. Cleveland; W. H. Upson, Akron; J. H. Horsey, New York; Q.
932,936
Passengers carried
859.843 A. Jones, Mount Vernon; J. H. Russell, Cleveland, and C. W.
22.862.036
Passenger mile«
22,167,'J32
3.M.628
Tons freigUt carried
303,096 Schaap, Louisville, Ky. 0. J. Cauda was elected President, and
Ton miles
13.098.143
11,290,326 C. W. Schaap, Secretary. The name of the road was ehwdgad
The general ofBees wID
to the Cleveland Akron & Columbus.
The earnings for the year were as follows:
New arrangements will take place at onw,
1880 81.
1879-80. be moved to Akron.
$522,763
$419,300 but Receiver Jones will continue in charge till further details
PaMengem
386,071
344,444
Freight
arranged.
57,503
Mall, io
25,035 and transfer are
11,378
met Pftwtuxet Valley Branch
Columbas Chicago & Indiana Central.—At a meeting held
'64)392
Dlv. Provideuco & BiouiugtoD 8. 8. Co
in New Y'ork, December 20, the income bondholders appointed
the following eommitte« to confer with the trustees of the
$057,717
•8.54.07'J
Total
602.473
604,976 mortgage inr>^- «rd to the affairs of the road William Thaw,
ExpeuseB
Pittsburg; A. Li. Dennis, Newark John P. Oreen, .Philadel$355,245
$349,096
Net earnings
phia Charlea W. Koblsaat and P. P. Dickinson. New York.
The income account for 1880-81 was as foUoKr
$65,230
Casu assets from iirevluus ynar
Construction Companies— The profits of some of the rafl6.277 road and telegraph coust ruction companies have been enorAiUiisted accounts with leased road«
7,000
Pawtnxet Vailey Co., for stock surrendered.
organixati'-n of a number of
057,717 mons. This fact ha-s led to the
Earnings of roHd
30o,0Oo these corporations for the construction of new railn>ads, and
New 4 per cent bonds sold
so great is the confidence of the public in the abilitr of such
Total
$1,336,224
companies to sell the railroad stocks and bonds which thejr
$«i02.472
Kipenses
receive in payment for building, that many' f their st.Hjks rule
79,304
Intri-est and (llnoonnt
240,O')O
DlvldenilH. C per ei nt
at a high premium in the open market. The companies make
New wharf nnd extension ot Warwick Branch.. 31,0:i3
no reports, they are emplia'ical y cloee corpora; ion.*, aiid it la
19B.O0O
Bills payable pm1(1
187,414-$l,83e,2a4 imp<j«HibIe to get preeise information about their affairs, b«t
Balunce,oa«U aoscU
.'>.'>

—

;

—

:

.

:

.

;

;

:

THE CHRONICLE.

716

the sntject demands attention on account of the large amount
of capital represented, and the following brief account has
been obtained from brokers who deal more or less in these
stocks, Mr. A. E. Hachfield, of 17 Nassau Street, having furnished to the Chronicle many of the facts here staled. From
the difficulty of obtaining official information, it is evident that
there is a possibility of mistakes occurring, and the publishers
would esteem it a favor if any of the Chronicle readers would
inform them promptly of errors coming under their notice.
iihe prices given ia each case are the approximate quotations
of Dec. 23.
Americ.u* Cable CoN3TRncTioN Co.— Subscription, $10,000,000 ;
paid in, 70 per cent. Two cables are to be laid acnsstho
Atlantic (one of which is finished) contract price, $6,000,000
for both. It is also contemplated to lay cable to South
America. No division has yet been made among the subscribPrice,
@38 prem.
ers.
American Railway Improvement Co. This company built
the New Orleans Pacific Railroad, wjjieh is now consolidated
with the Texas Pacific. Subscription, $2,000,000 ; paid in, 80
per cent, and so far 50 per cent of Texas Pacific stock and 30
per cent of New Oi leans Pacific 1st mortgage bonds have been

—

among subscribers.

Price,

Central Constedction Co.

to

14')

prem

—Subscription, $5,000,000,

paid in

50 per cent. This company builds the Delaware Lackawanna
& Western extension from Binghamton to Buffalo. No
division has been made. Price, 23 to 26 prem.
Continental Construction & Improvement Cojipant. Subscription $10,000,000, of which $3,000,000 remains on option to
be taken up anj-- time within two years. Paid iu, 60 per cent.
This company will build a road from Hoosac Tunnel to Buffalo
(W. L. Burt,' Boston, President), and owns in fee the Boston &
Hoosac Tunnel Railroad and the Syracuse Chenango & N. Y.
Railroad. Five per cent is now called, additional to 60 per cent
already paid in. No dividend y et made. Price 68 to 70.
Cincinnati & Georgia Blocks ($22,500 each) and East TenKBSSEB Virginia & Georgia Sdbscriptions are both intended to
extend the East Tennessee Virginia & Georgia system of
roads. Each block of Cincinnati & Georgia is entitled to
$20,000 Ea-st Tennessee Virginia & Georgia first mortgage
consolidated five per cents, $15,000 income bonds, 6 per cent,
nou-cumulative, 150 shares preferred and 250 shares common
stock; while each $10,000 subscription of East Tennessee Virginia & Georgia is entitled to $5,000 first mortgage, $12,000
income bonds, 120 shares preferred stock and 240 shares common stock. Most of the securities have already been divided.
Price of Cincinnati & Georgia blocks, 29 to 32 prem. Price of
East Tenn. Virginia & Georgia subscriptions, — - to 75 prem.
HnDsoN River Contracting Company.— This company (an
offshoot of St. Louis Iron Mountain & Southern, see Chronicle,
vol. 33, p. 275), is building a road from Knobel, Arkansas, to
Ashley County, Louisiana, on the Arkansas State Line, being a
part of a direct line from St. Louis to New Orleans. Twenty
per cent of subscriptions paid in.
No dividend has been made

—

;

Price, 105 to

i.'<

cent stock in the consolidated road will be given. Price, 20@
15 discount.
Pessacola & Atlantic R. R. Co.— This is an offshoot of the
Louisville & Nashville sy.stem, the stockholders of the latter
road being entitled to subscribe pro rata to its $3,000,000 capital, all paid in.
Each $950 subscription gets $1,500 in bonds
and 4 shares of stock. Price, bonds 90@92; stock, 4.5@48.
ScRANTON Construction Co.
This was formed
with
$2,000,000 to construct a road from the terminus of the Midland Railway of New Jersey to Scranton and the coal fields.
The road so built, with the former Midland Railway of New
Jersey, forms a consolidation under the name of New York
Susquehanna & Western. Seventy-five per cent has been paid
Price. 2 prem.@6 prem.
in.
Texas & St. Louis Railroad.—Subscription, $10,000,000,
Another instalment (No. 2) ot 10
20 per cent paid in.
per cent is called from the subscribers, payable on December 27. Line of road in two divisions (narrow guage),
Texarkana to Waco, and Cairo to Texarkana, connecting with Cairo & St. Louis to East St. Louis. Subscribers will
get 100 per cent 1st mortgage bond, 50 per cent incomes and
50 per cent stock. Price, S0@81^.
Texas & Colorado Construction Co. Subscribed capital,
$5,000,000, 10 per cent paid. Builds the Fort Worth & Denver
City Railroad from Fort Worth to Canadian River and will connect at Canadian River with the Denver & New Orleans IIR.,
building from Denver. See Chronicle, v. 33, p. 384. Subscribers will probably get $20,000 1st mortgage bonds and 200
shares of stock for each $10,000 paid in, but terms have not yet

.

International Improvement Cojipany has a capital of $5,000,000, of which 00 per cent has been paid. The company will
call no more assessments, and has so far divided 30 per cent in
general mortgage bonds of the Missouri Kansas & Texas Railroad and 25 per cent of Missouri Kansas & Texas stock. It was
originally intended to go to Mexico City, but will not be built beyond Laredo. A new company, called the Mexican International
Interoceanie & Oriental Railway Company, (see Chronicle, vol.
33, p. 687) has just been formed to take up the work at Laredo
and build to Mexico City. Price, 84 to 87.
Inteb-Statb Improvement Comi'any was organized to extend
the Indiana Bloomington & Western Railroad to Springfield,
Ohio. Subscription $3,000,000; 20 per cent paid in. No division has been made as yet. Price, 85 prem., bid.
The Mexican National CoNSTRncrioN Company intends to
build from Laredo to Mexico City, with $7,500,000 subscription
capital, of which only a part has been taken up. 80 per cent
being called, but not in all cases paid in. The company gives
for $1,050 cash subscription $1,000 first mortgage bond and
ten shares stock. 60 per cent se-jurities have been divided.
Price, offered at 16 discount. (See Chronicle, of December 24,
p.

—

.)

Mexican Central Construction Compant.~A Boston cc rporation
building from City of Mexico to El Paso, with branches.
The
first mortgage bonds of the railroad were taken thus
$5,000
with $1,000 iccome bond and 40 shares of stock for $4,500 cash.
:

Price,

to

New York

.

& St. Louis Construction Company.—
Subscription originally $10,000,000, raised to *! 3,333, :-i33. Is
building from Buffalo to Chicago. Each $13,383 (on which
flO.OOO is paid) will be entitled to $10,000 first mortgage 6 per
cent bonds, 200 shares preferred and 200 shares common stock.
Price,

—

—

—

as yet.

XXXm,

Oregon Short Line Railway Company 5s to connect ths
Union Pacific Railway at Granger with Baker City, Oregon,
about 600 miles. Capital, $15,000,000
30 per cent paid in.
Each $1,000 subscription is entitled to $1,000 first mortgage
bond apd five shares stock. Price, 97® 100.
Ohio Central Railroad— IUchmond & Alleghany Atlantic
& Northwestern. Theso roads are consolidated under the name
of Richmond Alleghany & Ohio Central Railroad. Each 100
sliares of Ohio Central
entitled to subscribe $2,000, and each
100 shares of Richmond & Al^ghany to $4,000. for which 80
per cent first mortgage, 80 per cent inconn bonds and 100 per

;

divided

[Vol.

Chicago

33@36 prem.

NoRTM River Construction Company is an offshoot of the
New York Ontario & Western Railroad Company. Subscription
?10,000,000, 20 per cent paid in. Road will be built, using some
lines already in operation, from Weehawken to Schenectady,
Md thence to Buffalo, and it is known as the New York
West Shore & Buffalo road. Notice was issued Dec. 15 that an
instalment of 10 per cent on each share of the increased
?api*a' stock (instalment No. 2) was called, payable on Jan.
5,
1882. The books for transferring the shares on which twenty
per cent has been paid will be closed on Thursday, December 22,
3881, and the transfer books will be reopened on January 6,
1883, on and after which date only shares on which thirty per
cent has been paid will be transferred. Price, 13@14 prem.

—

—

been settled. Price, 99@par.
Dallas & Wichita.— At the annual meeting in Dallas, Tex.,
December 16, it was resolved to transfer the road to the Missouri Kansas & Texas Company, and to authorize the issue of
bonds at the rate of $20,000 per mile, to provide for all the
present debt and for the extension of the road. It is in operation from Dallas to Denton, 39 miles.
Denver & Rio Grande.— The Gunnison News reports that
" every mile of the main line of the Denver & Rio Grande from
Gunnison through to Salt Lake Cit}' is now under contract; and
the camps of the contractors are strung alongthe route like
beads on a string. The main object of the company now is to
get this line to Salt Lake finished by the time the Chicago
Burlington & Quinoy road reaches Denver, which will be some
time in August or September next, and every energy is being
bent to the consummation of that purpose. The road will then
have a direct eastern and western outlet over the C. B. & Q. and
the Central Pacific. So important is this move considered by
the officers of the company that they have decided to suspend
all work on the various branches of the road until it is accomplished. The grading from Salt Lake City this way is nearly
completed to the Colorado line, and the track-layers are laying
the rails as fast as they can be procured."
Grand Ilapids & Indiana.— This road is to be extended
northward from its present terminui, Petoskey, to the Straits
of Mackinac. The contract for the extension has been let to L.
A. Ro.se, of Bronson, and McDonald Brothers, of Grand liapids.
The terms of the contract are that the road is to be completed
by the 1st of June, 1882. A line of steamers has already been
contracted for by the company to make the line of travel a
continuous one to the northern extremity of the Straits, to connect with the Detroit Mackinac & Marquette Road to Marquette

on Lake Superior.
Indiana Bloomington

& Western.—The

managers propose

to extend the Indianapolis Decatur & Springfield
acquired by lease) from Decatur to St. Louis.

Kentucky Central.—M.

Road

E. Ingalls, President of the

(just

Ken-

tucky Central, left for record at Covington a mortgage for
$6,600,009. This is a supplemental mortgage for that given by
the company in May, 1881, to George F. Bliss and Isaac B.
Gates, trustees. In the first mortgage the railroad company
did not include the Mavsville

&

Paris Division or the Paris

X

latter branches of the Kentucky
Central are included in th« present mortgaga by consent.

Lexington Division.

The two

Lake Shore & Michigan Southern.- A quarterly dividend
of 2 per cent, payable February 1, was declared by the board
on the 23d. The following is the official statement for the year
1881, which was presented at the meeting (December being
partly estimated)
1880.
188 J.
18,749.461
$17,970,000
GroK.s enrnings
10,418.105
11,286,000
Oiwratiug expoiises and taxes
(6'2-80)
(55-56)
Percentage of oaruinga
$6, CS 1,000

Net earuinsa
Interest, rentals

and divideuda on guarau-

teedatock

Balance
Equals por share
Divideuda, 8 per cent
I-eaving.

$8,331,356

2,710,000

2,750,374

$3,074,000
3,957.320

$5,580,982
($1128)
3,957,320

$16,6S0

$1,623,662

($8 03)

.

THK CHRONICLE.

UROicMincn 84. 1881.1

Tbfl piim^n/r<>r, mail and eipr^m bimlnniit nhowii a gala of
nnlfa million dollars.
Wliiln th» frflfrlit tonn.icr'i
iniir>-aH«d about (•i^ht percent, thrf r«i<lucti«n in ratcM cnii
falliufT off of on-r a million nnd'a quartxr of'tollnrM in I'm
theri'from.
Hal the frelgli' '••
f la.^f. vvar b.«en obl.im .1
for this, thero w.iuld bav.<
of about bnlf a ml lion
of dollars in KroM>< iijirninjfs
ih« loss of or«r tlir.i-iqaart<*n< of a million now hIhiwii, i»nd th« nft rpimlt wouM
hare b^fn inuffa-sod by the aora of theiM> two amouotn.

717

nwnl and

••.

about

1

'

mw

i

i«

'

"

1

Upon thrt same hasi", fxppDHcn would havn b«fn noraxwhat
under no per cent of eaniiiipt. This would bo about ,3 per rent
more than last year, and is due to nn advance in the price of
labor and of most material, Hocb advance being common to all
tbe railroads.
The road and equipment has been fully maintained at ita best
standard. Eipenaes include the cost of 11,000 ton.s of steel rnils.

Mnnhaltnn rievnted.— A special meeting of the stockholders
of tho JIanhaltau Railway Company was held at the ofllee of
the company, No. 71 Broadway, on Wednesday, to take action
oa the proposed issue of ?13,i)0(>.0()0 additional stock to take op
the stock of the New York and Metropolitan companies undi^r
the agreement of November H. The following were present:
Samuel Sloan, Chairman ; 1>. W. McWilliams, Secretary ; I) D.
Field, E. R. Bacon, C. W. Field, Jay Gould, R. Rage, S. Sloan,
George 8. Scott. R. M, Gallaway, 8. H. Kneeland. John H.
Hall, R. N. Pipot, B. M. Field and George J. Gould. The following preombK'S and resolution were adopted by a vote in
peraau or by proxy of 92,083 shares, being mure thau two-thirds
in amonnt of all the stock
iv/..v,.i.-, An iDjrcomiMit was entered into between tbls nnmprtnr,
tlio
:

Nc

ItiiUrondronipany .ind the Metruimllliiii IClcVatrd
tny on tlie 1 Itli day of Kovembcr, IStil, in tUo words and

vnt<

Kii

Ot'

il

"Iff:

ttock of tills romrnny Is InciiHIoli nt for
oi'i intlnn its rond» under tlie wild u>,'rcrini'i:t ; iind
Tlio unu>iint of Increaso required for tlin purpose aforcrnld Is
$13,000.0('0, nnikiug wltli Uio ex stinj; Btock $'Jii ,000,000 of cunitni
JVAeird*. lim presor.t capital

eonstrtiotin;.-

nud

Wh0enH,

tocl^ln

nil

;

and

Wlitrtas, For the purpose of olitainlng the sanction of tlio storkliolilera
to sucii increase this meetinK liiw Ix-cn enlird by the directors by notices
Bent and pulilislied iis re«]inred by law; and
Whrreat, Tlio Bald agreement is npprovc<l and mtlflpd by the stoek-

boldorx now assembled, it l3 now on uiutlon of Mr. Uallaway, necoudcd
by Mr. Cyrus W. l-'K-ld.
" Resolveil, That the stockholders of this company do hereby sanction
and authorize the increaso of the capital stock of this comiKinv by $13.000,000, makin;: wlih the exi.slinK capital stooka total of $2K,000,OOe."
Mr. Sylvester II. Kncoland voted 500 shares OKainsttUu resolutions,
all the rest of the S2,583. shores represented ImIusc voted in tbo alHrma-

Uve.

—

Judge Blatchford rendered a decision Wednesday in the
United States Circuit Court, in the suit of George S. Fl»gg
and others against the three elevated railway companies for a
preliminary injunction against carrying out the tripartite
agreement. The injunction was refused, and Judge Blatchford
said in his opinion:
" The prlnoi|)al Krounds nrired In support of the motion am that the
»)?roemcnt of Oct. 22 impairs vested rliifits of stockholders of the Metropolitan; tliat oacli stockholder has for liimself sinli vested rights, and
that tlioso rights cannot bo Impaired as to him without bin consent. It
is urged that after the Metropolitan lease was executed there was no property left to it upon which anything in the naturoot a dividcnd-payinu
stock conld bo based, except the revenun to be derived from the tenns
of the lease; that the value of the capital stock consisteil wliollv in such
revenue; that the $Iti2.!S00to be paid quarterly to the Metropolitan was
the only prolit which inveatore in tlie stock could hope to realizo from
their investment; that tbo stock is stock of a special cliararter, eiititied
to au dRfCcd portion of a rental to ho paid by the Manhattan ; that tlio
agreement of the Manhattan is truly expressea in tlio inemoranduni on
the ('crtitii'ates; that by ttio wliotc transaction tho Mrtroiuilltan nKrces
to distribute such portion of tlie rental as a dividend atntm;; its stockholricrs; that the Metropolitan, therefore, cannot surrender tlio nuarantrc
of the Manliattaii; tliatsuchf;iiaraiitee must berenanieJ as a promise to
the Metropolitan for the tieneflt of its stoeklioldcrs. ami that they are
entitled to prevent the .Metropolitan from diverting the fund or impalrlog the contract out of which the ri);ht to it comes.
" It is undoubtedly true that tho oliject of tho provisions of tho lease
in regard to the 10 per cent per anuum on $6,500,000 to be paid by tho
Manhattan to the Metropolttnu was to enable the hto<*klintderH f>f tho
Metro]K>Utan to liave. if possililo. d:ii-ing tlie continuance of the lease, a
quarterly dividend of ii** per cent on their stock. Hut I fall t<» see any
contract to that cfTect lietween the Mantiittan and tlie jndivlduai Htoeklioldcrs of the Metropolitan, or between eiicli stockholders and tho
Metropolitan Company. There is no ak-reemcnt. either by the Manhattan
or the .Metropolitan, that these sums shall be paid to tlie stockhulrlers of
the Metropolitan. The cjisc, therefore, is not one of any vested rlRhta in
tbe stoekliolderg of tlie Metropolitan to the 10 per cent Iiaymeiits. Imt It
depends upon the eoueral jiowor of tlie directors of a coriioratiou to

make and modify its contracts. That power is well c^talillahed In this
Btate. No statute or authority is referred to whi.'h makes it necessary
to the validity of tlie axreementa of Oct. 22 that they should have been
approTed by an.v one or more stockholders. Tlie biases of tho tripartite
agreement and the .aitreeincnt of Oct. 22 were made iindir tlio authority
oftheactsof Aiiril 23, 1839. There is nothina to imiieaeh the validity
of that statute. Tho instrument-* referred to are contracts liy tho Manhattan and by tlie other companies for the use by the former of tho roids
of tho latter, on terms satisfactory to each of the latter, as delenuiuod
by the votes of their lioards of directors. The evidence satisfactorily
•hows that the roacis of tho Metropolitan Company were not earning
anouRli net money over expenses, rejiairs and taxes to pay tho interest
on its inorttcaKo bonds, and that tiie New York (Jompany'i road was
earninK at least |icr rent net and enoUKh more to make reasonable tho
over tho Metropolitan O'liiiinny in tho new
arrangement. By that arrangement the claims of tho .Vfanhattan Comjpany for the $13,000,000 are released. But whatever conclusion now a
udlcial li'ibunal,wonlil coino to on proofs as to whether the now arrauKcment was a wise and proper one for tho Metropolitan Company to make.
It Is Bufflcient to siiy that in tho evidence aa presented as to what was
before tho directors of the .Metropolian Company and as to fhelrnction.
they had the rieht, and thought In cood faith tliat they were dointf what
was most judicious for their atuukhuiders, aud they did what they did in
good

faith.
It is claimed that

a flctitions neoeesltr was created and tbat the
stockboldors of tho Manhattan would have como forward to extricate it
from Its diiliculties. I pee no evidence of this. The .directors of tho
Metroiiiditan Comoany had this question before them ncoessarUy, and
passed uihhi it and acted In view of it.
••

TlwaMMt-

HM*" •»irrv>«<irii*lll Itntl
.nfor.- 1 h» mcfa
i i ar _
i"T'""in« ib« •mctwa

" Tho eonnirrcnt testimony Is that the Manliattan Company Is now
entirely solvent— made so. it in true, by the new arranitiMunt. but still
olveut. It is out of the haud^ of the Boceivers. The Iriparlllo ogreo-

II

.»o,iri

1

way Conipany and

the

deciiion wa<«^rivo:i l,v
favor of the
asks for a p>
trust conifaii;
t
tiflcat4'N f..r ::iM
lin
.

.

siM <lMla>l.
M«tnpalltaa lUil•aa/M N»w Tvrk,
.M
'-irtto
'

aad
i.r

;••

,

the

cA

umi to bint tmt'

tba Mstropolltaa
Klevated lUilway, wliieli nliitll resoec^Mvei/ b»«r dat« aa tk*
respective days on whiih his smrrtadnrvd oertlfloataa moatioMd
in the alternative writ bore dat«, a'"< -bsH • "'^'n that
r- ttata
ment of the old guarantee of the >'
vay CoaiNMr
without cancellation, change or m>r
was eoaUlaM
in the aurrendered certiflcates, and sbail iu all r«a|)«ota ••form to said cert Beat e.s. In my opinion there amtwoeoo*
elusive rea.sons for denyiiig to th.i relator the relief wbieh h*
seeks.
In the first pUce. tho fact appears from the papan
before me that la two cases ia which all ihecompaaies inrolvad
in this proceeding, except the trust company, which ia a mara
depository, were heard or appeared as partiw, Jodgmeotii havH
been pronounced, one by this court and the other by tho Saporior Court of this city, afflrmin;; the validitv r>f the aew
arrangement enter>'d into as a eomorfimise of eiistinir difBeuItles between tbo Manhattan, the New York KtevatMl and the
Metropolitan Klevatud railway companies. (See the jadfrnrat
of Mr. Justice Westbrook of the Supreme Court and of Jadm
Trnai of the Superior Court.)" The other reason is tbat ta«
plaintiff has a remedy by aait for damages, aod therefore »
mandamus cannot issue.
<

>f

t

cai'

'

1

Sfexicnn Niitional.— In conoecHon with the decline in Dsnvor & Uio Grande stock on Saturday. 19th last., it was rumored
that there was some delay In the payment of subscriptiona
made to the stock of tho Mexican National Railway Company,
which is controlled to some extent by the Denver & Rio Grand*
parties. The New York Sun reportetl the following facta la

regard to this rumor.
"The fact that Mexican

National Railway subseriptiona
declined to 16 discount and Mexican National Railway consfruction stock was offered at 13 discount and 20 discount bid
gave strength to the rumor. Tho two are on-^ enterprisa,
which is practically an eiten.sion of the Denver & Rio Oranda
Railway from Laredo, on the Rio Grande, to the City of Mexico,
and from there westward to Manzanillo, on the Pacific Coaat,
and Vera Craz, on the Gulf. The Mexican National lUilwa/
Company was organized about a year ago under the aasplcea
of the capitalists most largely interested in the Denver & Rio
Grande Railway. Its capital stock was fixed at 17,600,000, and
bonds for a like amount were to be issued. Every Babscribat
of $1,050 in cash, to be paid in installments as called for, waa
to receive $1,000 in stock and a bond of $1,000. The eonatmetion company was formed for the p'lrpoae of building the roadL
Its capital was $a,000,000, of whicb $1,000,000 was commoa
stock, and was issned to Messrs. Palmer and Sullivan for the
conces-sion from the Mexican Government bearing their names.
Gen. William J. Palmfr is President of the Denver ft Bio
Grande Company, and be and Mr. Sullivan eonstitnte one of
the largest railroad-building firms iu the United States. Tha
other $4,000,000 was preferred stock, to be fnlly paid and
entitled to a dividend of 7 per cent before an^ shonld be paid
on the common stock. There bare been eight instalmentn
of 10 per cent each called en both the snbseriptioaa
to the railway company and to the eonstmction companx.
These instalments amount as follows : Oo the railway company about $6,000,0(X), and on the construction company
t3,200,000, a total of $9,200,000. As the .securities of both haTa
sold at a discount almost from the inception of the enterpriaa,
the instalments have not been paid promptly. It is nnderstood
that the arrears of the instalments due the eonstmction company amount to $850,000, while those due the railway company
amount to about $800,000. It was reported several days ago
that suits had been instituted to reco^ er these arrears of instalments. Oflicers of the company deny that this is the ease, bat
say that notices have been sent to the subscribers reqaeatlng
•
•
•
them to pay up."
"For the $8,000,000 of instalments paid in, the Mexieaa
National has forty miles of completed road running soath from
Laredo about 150 miles (graded from Mexico City north on tha
main line; the road from Corpus Christi to Laredo, a narrnwguage road of about ItSO miles, purchased for the pnrpoaa of
transporting material for constructioa; the grading of a naall
fiortion of the line between Mexico City and Hanianillo, aad ».
arge quantity of supplies and materials and some roUiag atoek.
"At the Windsor Hotel last evening it waa aagratad that »
large operator interested in the enterprise meattoaed had li*>
;

come embarrassed in consequence."
Nashville Chattanooga & St. I,Aaia.—Statement of reealpte
and eipens«8 for the month of November and for five moatte
ending November 80, 1881, compared with same periods laak
year:

-nt*
1381.

Paanage

Frc^
MaU

RonUaadprlTUefM....

188a

1-81.

mtmtOi*.

1B8&

»U3ie

fl9.190

05.*79
8,«2S
8.109

137.:!8e

S4n,8M

8.6^

18.1 1*
21.977

17.B4H

l.STB

$192,009

$182,087

$983,r07

f848.7«t

f?ie.ii«
0,617

;

THE CHKONICLE.

718
EXPENSES.
-November.-

Maintenance of way
Motire power
Maintenance of cars

—

Conducing transporta'n

-Five monihs.1880.
1881.

1881.

1R80.

$2o,9'21

24,13')

$33,020
27,837
12.397
2B,708

7,509

8,383

^S'Soi
12,323

General expenses

$96,541

$136,.'565

$16."i,'>73

134,686

123,578
57,936

60,1-31

137,990
37,516

$505,570

$73,741

$315,316

$343,176

39,460

223,213

194,933

$148,213
$92,103
$34,281
$10,095
Balance
„., Haren ._ Hartford.— The report of the
York New
^,^
New
busin'ess'foVth'e year ended Sept. 30, 1881, will be presented at

the stockholders' meeting on January 11, 1882, compared with
the report for the preceding year. The Tribune gives the
following
:

Tear etided ."ept. 30
Gross eaiulUBS from transportation
Operating expenses, taxes', etc

Net earnings

1880.

„- , o, ^
$4,£Sji,814
,252,8

2,599,219
^^'®5?'5S?
41,421
$1,694,986

$1,734,216

130.600
on Hail<!m Bivpr A Port Chester bonds..
l,5o0,U00
Dividends puid, 10 per (cut on stock

1,550,.'>00

$1,680,000

$1,693,333

Total net

COMMERCIAL EPITOME.
Friday Nioht, December

35,586

$507,590

%i\nzs.

The weather has been unseasonably mild, and

33, 1881.

certain branches

Congress has adits unfavorable influence.
journed over for the holidays, and the only important business
has been the report by the Senate Committee on Finance of a
bill to appoint a commission to revise the whole question of
import duties and Internal revenue, with a view to their reducA semi-panic on the Stock Exchange was felt to some
tion.
extent in mercantile circles. There has not been much spirit to
the speculation in merchandise, and prices generally showed
depression; but yesterday wheat and lard made impojrtant
advances on a revival of confidence caused by a liberal export
.
demand.
Provisions have been generally dull and all values declined
early in the week. On Wednesday afternoon and Thursday
morning lard was very active for export; some ten or twelve
thcu.sand tierces were taken, and prices recovered froml090c. for
prime Western to ll'15c. To-day, however, the market is tamer,
prime Western closing at ll-12^@ll-15fi. for January, 11-323^
@ll-35o. for February, ll-40@H-50c. for March and ll-57^c.
for April, and refined for the Continent on the spot H"40c.
Bacon on the spot may be quoted at 9@9>^c. for long clear,
but is quiet. Beef and beef hams are dull. Butter and cheese
have ruled firm but rather quiet. Tallow has advanced to 7?4@
7%c. for prime, and stearine to ll/^c. Pork-packing at the
West is about one million swine, or 25 per cent behind last season. The following is a comparative summary of aggregate
exports from Nov. 1 to Dec. 10:
of business feel

Burplus OTcr operating
$55,517
expenses
Interest on bonded debt
45,422
and taxes

Add receipt s f loni interest

^ht Coimuevcial

122,89.T

$108,345

XXXm.

[Vol.

Int.

143,333

$40,883
$14 986
Surplus for the year
The report slates that the increase of expenses during the
past year is due principally to the higher price of labor and
materials and the large addition to the number of men
employed to keep the road and rolling stock in good order, and
to operate the increased number of trains, while about $250,000
has been expended for additional grounds, peimanent improve-

ments and new equipment,

& Western.—A

press dispatch
New Vork Siisqiielianiia
from Scranton Dec. 21 said that some indignation was felt
among the capitalists and coal men over the negotiations pending between the Delaware Lackawanna & Western Railroad

Company and the New York Susquehanna & Western Road.

Pork
Bacon
Lard

1881.
8,174,800

Total

Increase.

1890.

Decrease.

32,174,123

9,126,000
111,340,000
57,8s7,121

651,200
46,490,421
25,312,998

lbs. 105,7-i9,502

178,353,121

72.554,619

lbs.

64,84(»,57d

lbs.
lbs.

Rio coffee has been dull of late and merely nominal at 10/^e.
for fair cargoes mild grades have continued to meet with a
Tea sold at a fractional
fair demand and have ruled steady.
Rice
decline at the only important auction sale of the week.
has been steady with a moderate trade. Spices have been dull
and weaker. Foreign dried fruits have been quiet and have
price.
New crop New Orleans has
further receded in
been in better demand, and, o wing to a steady advance
at the South, 65c. has been touched for fancy ; foreign
has been quiet and steady. Raw sugar has been only fairly
active at any time, and within the past few days rather dull
rices, owing to a diminished trade in the refiners' product,
S ave been to a great extent nominal at 7%@7/2C. for fair to
;

the terras of the pending negotiations the new road would
not come any nearer to Scranton than t^pragueville, which is
fo»ty-eight miles diMtant, thus leaving the Delaware Laiikawanna & Western Company in possession of the field. Mr.
Frederick K. Potts, of the New York Susquehanna & Western,
R&iA to &-^ American Exchange reporter that it was true that
the company was engaged in negotiations with the Delaware
Lackawanna & Western Railway Company for a continuation of
itsnew road over thelatter's tracks, or rather for the business of
the former to be carried on over the latter's rails at a fair and
equitable rate from Scranton to Spragueville, as the cost of
constructing that distance of road as a rival line would be very good refining.
°
m.j.
Uelado.
Sags.
Soxes.
Mhda.
great. The people of Scranton wanted a rival line to be con2,=i5,638
20
3,096
8,433
structed to that place, but in a railway point of view an agree- Receipts since December 1
389,728
20
2.954
1
21,411
December
since
bales
ment between the companies would be more advantageous to Stock l)ce«ml)er21, 18h1
369,95251
7,f!56
31,215
2,753
1,001,760
23,830
8,026
both, while the Scranton people would reap the benefit of the Sioc-k December 22, 1880
extra facilities. It was not a question of raising money so
Refined has been quiet latterly, and closes at 9^c. for
much as one of policy in a railway consideration. He expected crushed, 9Mc. for granulated, 9J6@9y80. for powdered and 8M
Midland
Railway
the agreement would be entered into and the
@s%c for standard soft white *'A."
of New Jertiey brought into connection with the coal fields of
Kentucky tobacco has been quiet, and prices are nominally
arrangement.
Pennsylvania by means of the proposed
unchanged; sales for the week 300 hhds., of which 200 for
Business in seed
Oregon Short Line. The Philadelphia Press says " The export and 100 for home consumption.
Oregon extension of the Union Pacific to Baker City will be leaf has been fair, aggregating 1,500 cases, as follows; 800 cases
about 600 miles of road, upon which it is now proposed to issue 1880 crop, Pennsylvania, fillers, 6@7c., wrappers, 18@38c., and
$12,000,000 of 5 or 6 per cent bonds ($20,000 to the mile) and assorted lots, ll@17c.; 150 cases 1880 crop, New England,
The Union Pacific wrappers, l!i@35c.; 150 cases 1880 crop. Ohio, 4@12c.; 100 cases
$12,000,000 of Oregon extension stock.
treasury will retain one-half the stock and give each 100 shares 1879 crop, Ohio, private terms, and 3110 cases 1880 crop, Wisof the Union Pacific stock the right to subscribe to $2,000 of consin, mostly Havana seed, at from 8^ to 15c,; also 650 bales
bonds with a bonus of 50 per cent, or ten shares, of Oregon Havana at 85c.@$l 20.
extension stock. The road is almost an assured success from
Strained rosin, owing to a considerable decrease in the supSpirits turthe start, and its bonds may sell in the neighborhood of par; ply, has been very firm latterly at $2 25@$2 30.
but if the public does not at present estimate the new stock at pentine has advanced to 55^@)6c. American pig iron has
25 the ' rights' are worth but $2 50 per share. If the- new been quiet but steady, but Scotch, owing to a decline in Glasstock is cc.nsidered worth $50, the ' rights' will be worth $5, gow, has been dull and rather weak, though without quotable
and this is probably the maximum."
change. American steel rails have been dull and unsettled in
Toledo Delphns & Burlington— Toledo Gin. & St. Louis.— value sales are reported at as luw as $56. Iron rails have
The Missouri Republican of Dec. 18 said: " A meeting was been dull and nominal. Lake Superior ingot copper has
held yesterday at Charleston, Cole County, 111., of the stockhold- advanced on large sales to 20^c. cash. Western spelter has
ers of the Tol. Del. & Burl. RR., and of the Tol. Cin. & St. Lonis sold freely at 6^@6Mc. Pig tin, owing to a decline in London,
RR. for the purpose of voting on the question of consolidating the has latterly been dull and weak at 24)2C. for straits ; tin plates
two roads under the name of the Tolsdo Cincinnati & St. Louis have bsen depressed by large receipts and a decreased demand.
Bailwa^y. The first-named road is 181 miles long, and extends Hops have been quiet, and we.ie at one lime weak, though
from Ivokomo, and the object of consolidating is to make one about steady at the close. Hides have been quiet but steady.
continuous line from Toledo to St. Louis, and a branch from Leather has sold less freely. Wool has been quiet but firm ;
Delphos to Cincinnati and from Dayton to Wellston, in the coal woolen goods have sold so well of late that holders of wool are
region, and all under one management. The vote on consoli- firm. Refined petroleum has remained dull all the week at
dation was a mere matter of form, as most of the stock is held 7%o. there has been a brisk speculation in certificates, which
by a syndicate. iVLr. W. J. Craig, the President of the con- closed to-day at 83%@S3^c. Clover seed is dearer, with sales
Btruction company, went over to Charleston yesterday to at 8%c. for prime.
,
.
attend the meeting. The main line will have trains rut ning
Ocean freights have shown more activity in gram room, which
from Toledo to Neoga. 111., very shortly, and it is expected to has been taken to the extent of about 1^ million bushels, from
have trains running from Toledo to St. Louis by May 1. The this and near ports, mainly at 2j6@3d. to Liverpool, b}i@'o%a.
work is being pushed with great force, and all work that can bi- to London, Sl^d. to Glasgow and 48 @4s. Od. per quarter to
done advantageously in the winter time is being done. The Irish ports, closing at the lop rates. The shipments of cotton
company are paying out about $300,000 per month on con- to Liverpool have been large, amounting to about 20,800 bales
struction account. AH the bridging is going on extensively. by steam at 5-32d @3-16d. for compres»-d. Petroleum charters
Mr. H. S Hopkins of JSt. Louis is building ten tfowe-truss have been fairly active for cashes to the Levant and beyond at
bridges, and the Smith Bridge Company of Toledo is building 21@23c, and to China ports ai out 4()c: crude to Dunkirk,
7?6d.
ihe big one of five spans over the Wabash, near Eugene, Ind."
3s. 7^d., and naphtha to London from Philadelphia at 38.

By

—

:

—

;

;

...

.

.

V

1

M,

THE OHKONIOLE.

1881.]

COTTON.

>«»

Pridat. p. H., Dnoemb^r 98. 1881.
indioAtod br oar tolagrann
Thi MoTumrr or thi Crop,
from thn South to-nJ^hN ix ffivnn bnlow. For the WMk •ndtov
thiM evoninff (D<>c. 33), the total r<<a«ipt>i hare rvaohed !iOI,8S5
t)ales, aKaioitt 336,676 bal«<M last w««k,^341 b«l«« tb« pratiooa
week aud 216,170 balea three weeka dnoei makinfr tHe total
recWpt.M !<incM th« iHt of S<<pt«mb<«r, 1881, 2,941,458 twiea, a((»inat
3.357,i'>tJ4 b)il>>M for thM Ramt> peHn<l nf 1880, ithowillff a damSM

m

•ince ^pttimber

lUeeipCal—

UOH.

8al.

4,917

2.416

<}alTeaton

8.403 14.97*9
3,047
1.794

Orleaua...

Mobile
Florida

•arannsh

17,848

The

459

week.

S,86ii

4,795

5,486

2,349

3,053

3.232

3,731

3,222

118
3,030

1,051

459
753

637

1.431

4,173

5,437

4.663

3.8S6

3,878

1.687
2,070

1,969
1,793

1.331
2,711

3,121
l,4tS

1,589
1,905

Cltj-Folnt.Ao.

Mew York
Soetoa
Baltimore

1,038
4,704
1.291
2,413
1,265

5,936
1,038
26,743
1,291

12,113
11,173

578

540

100

Totals this week 28,929

40

222

162

1,587

2,651

23,260 26.1.^6 3.5.119 40.831 201.655

4,5.56(1

For eomparison, we give the foUowiiur table showiiur the week's
total receiptfl, the total nace Sept. 1, 1S81. and the atoukx to-night
«nd the same item-s for the eorrespoading periods of last year.
Slock.

1880.

1881.

December 23.
^alTeoton

Ac.

128
59.947

Hew Orleans
HobUe

12.039
1,110
31,698

Florida

CaTannab
Biuaswlck, Ac.
Cbarleston
Fort Royal, Ao.

17.471

523.842

62,504
23.644
3,478
31,956

56
24.800

12,113
11,173

673

Fhltadelpbla, Ac.

2.631

1880,

854,765
9,534
744,073
232,123
16.923
589,060
3,809
434,400
36,551
92,137
20,951
452,641
133,962
43,333
53.308
12,124
18,939

618

5,984

1.291

Boetou
Baltimore

1,

28,505

372,177
14,376
93.440
11,412
390,281
34.338
50,729
10«,0I3
16,606
30.034

Folnt, Ao.

Hew York

\

118

5,936
1,038
26,743

Mor'olk

/Since Sep.

17,948

459

Wilmington
M'head City.&c

aty

288.663
10,043
789. IS5
180.662

16.985

Indianola,

Tki*
Week.

Since Sep.
1, 1881.

1,502
3.255
1,924
29,972
0,822
8,010
5.983
1,054

897

1881,

1880.

109,049 106,676

351,240 290,337
55,153 56.827
99
5,080
117,843 119,225
106.814

97,647

215

433

18,360

10,289

77,517

1881,

229,765 142,614
5,200
2.338
52.581 33.039
23.254 11,737

9)4,182

Norfolk. Ac,
All others,...

17.113
59,917
12,039
31.098
18.^07
6.974
23,034
27,743

29.123
62.504
23.644
31,956
26.302
5,179
39.704
19.473

69,341
19,636
30,45f
19,603
3.830
28,603
20.007

^.tUlsw'k.

201.855

237,930

207,601

Galvesi'n.Ac,
Hew Orleans,

Mobile
•arannah....
diarl'st'n.Ac
Wllni'gt'n,

Ac

1877.

1878,

1379.

1380.

13.,573

1876,

3,900
20,176
20.988

84,070
22,935
29.106
21,649
5,9!W
24,390
12,331

19.100
53.235
14.799
21,447
19.409
4,116
18,380
12.066

199,981

224,634

162.633

19,336
73,850
19,434
23,793

2.5.883

16,59-<

BlnceSppt. 1. 2f)l1.4.5« :i2.">7,fiB 3012.549 2376.136 23t2.l>13'2.562,063
GalTtftsn IccludtMi [iidl.tuolu: Outrlestou iiiuuide^ Fort Xoyal. dio.
^Jmlnxron Includes .Uurehuad City. Ao.: Norfolk Includes City Point. Ao

The exports for the week ending this evening reach a total
of 86.087 bales, of which 46,610 were to Great Britain, 20,856 to
France and 18,591 to rest of the Continent, while the stockn as
made np this evening are now 1,147,320 bales. Below are the
«iport9 for th^ week and since September I. 1881,
From Stpt. 1. 1881. (<. Dm. 33. 1881,
Wuk EnMnt Dec. 33.
from^

(iriat

Brifn. SYance

98^

Oalreaton
NewOrleaoa..
Mobile

«,3ao

Total

nenl.

irtek.

1.883 ~«.0l5 "ii»04
8.201 31.') 16
tl>,«15

'

CharlciitOD',..

3,44a
0.070

WIlnilnRtOD,,.

I.IWl

Norfolk

.880

337.270 138.337
7.970
. .,,

T.WO

3.US4

».»79
I3.»7»

73.853
»7.3 4

ia.5"9
14.331

l.OSl

S0.3M

1,480

S,<IS4

141.703
134.SSS
41.300
s«.aeo

IS578

New York

'.3.»7->

Boston
Baltimore

S,4M

S,4«)

1.8>0

1,300

158

1349

14.810

10.181

PbUadelp'a.&c
IVital

TntnilBsn.,,

BHtofai. fVonc*

~7l^ "Tiw

1

Oentfc
nent.

41,040

ao,89a

18.81,1

07.7 4

1R.078

43S07

160,914

977 J0«

It

1O0JS3

101.015

407.3i8
7,1)70

114.317
00.000
8.083
13.080

30.089
1

14.881

SO

8.300
109.173
107.000
80.611

isB.on
106,470
4 1.87 J
41.001
10.831

STikOM l.4'3J07

ITS 520 •.905 ri7 3I0.03I

430.437 I.g88,»»

•onawbat tha paat

Baraaa raport waa bat

effect of the

abort-llvad,

nnqaestiooably had aoma effect in modlfyinf aoiM

Tha

of the highest crop estimataa.

large viaible supply, tha

tangible character, bare operated to defeat the effort* to pro*

mote a farther advance

Exchange was

felt

way

rapidly,

A

valaes.

in

Prodaw

failure on the

on the Cotton Exchange, through ramora ot

Yesterday (Tbaraday) priees gava

speenlative complicationa.

nnder pressnre to

realize

on aeeoant of the

lai]{a

To-day there was a variable and

accnmnlation of stocks.

much change from

yester-

Cotton on the spot was quiet and unchanged until yea-

day.

when

terday,

The

there was a considerable business for export. T>13c. for

middling uplands.

forward delivery for the week are 73S,100

total sales for

For immediate delivery the

bales.

total sales foot

ap

week

this

6,559 bales, including 1,612 for export, 2,656 for consaraption.
1,291 for speculation

were to

Dee.

and

n

HEW ORLEANS,
noaTaaa

UFUAND8.
tet.

Ordln'y,»»

O^ie
970

9*8

9»I6
9'9

9%

pi^i

978

im

9»B
10»19
11

10»,s 10»,8
11
11

ll>s
inis 11,'10
O'd Onl 11
Uiw Mid I'K ll>t« U»i, ll»i. ll'o li's
12 >«
8tr.L'w.5Ild llilin lliiieUillg r.'ia
12
12
124,8 121,8
MiddlhiK... 12
Uood Mtd.. 12>0 1238 12% 12it,eli' 18
8tr,0-dMld 12i>s 12ag 12!>8 121B,8l21»l«
MIdd-g Fair 13>6 1318 la's 137,8 137,8
13-8
14»|, 143,8
IS'g
Kalr...
137s
8tr,

We4

•Wtt.

9*10

siV

Ooort Ord.. lOiiie

9»i«
978

1

!

Fri.

96„

0»8
10»is

O's

lon,giou,gll

im im

1

I'lS

li's
1219

.!•, Taas

9»9
103,9

ip»„ lV»ia

1'.>1«

Vrt.

9»»

9««
10»,.
11

10S„

'U'u

lllfti

11
li'io
11 8

9H

»H

11
111,, 111,,
11 '9
IIT,
I2I4
121a
11

12' 18 12>,8 '12>i9 12ft|«
12ll,8 12ll,8 1211,8 I2llu
121»„ I21»,8 l.''llS 12»„
13.,S 13',8 1.7J,. i:.7„
14 ',8 143,8 143,8
U»,,

Til.

11

illio
llTis
O'd Ord
\mv Mld.r« 11»i8 lll>,« !ll»M ll'S
3tr.l.'wMld ll"is 1113l»lll3isl2>«
12
l'.'»|8
12
Middling.. .jl2
O.KX1 ,Mld
12^ 1238 12% 1211,8
I2I618
12»9
12»8
Str. O'd .Mid 12'g
Str,

TEXA8.
Sat.

niou Tnea a«i.

Oood Ord.. 10" 18 lOl'ielOi!,,

Ordln'v.fllb
Strict On!..

aad

qaolatioos

official

day of the past week.

to

Strict Oril.,

Of the above. 300 balea

in transit.

The following are the

arrive.

Dec 23

Wa4 Th. WwU
0«9
!(>»„
11
ll'is
12i«
'>

1

111,9
11 '9

";•

li's ,li'o
l2i«
12ie
I2»,« If.':*,.-

pi.
10»|,

11

0%
io*is
11

!1I"
117,

1219

i2>a

••-•0,8

r.'»|.

.

MIdd-g Fair 13%

llUfl

13'8

13'8

Fair

131a
1379

Good Ordinary
Ordinary
Low Middling
Middling

VK

l:tT„

14^,8

U3i8

noB Tvaa

tUKfXt AND

Jb-

I

353
•IS
417
310
404
858

Nominal

"in I21»i«

.iT,8

,,.

'I4'i8

143,8

Watf

Tta.

878

979
97,
10»,8
ll»ie

97,,

1<W„
11»18

I3',8
143j»

WtU
Vi
.s.^
10»,,
11.,,

BALSB.

urTH

113
Quiet
Tues. Zsk'g hlgh'r pea.
Quiet
Wed
1,506
Thnradiiiet
Fri..lUall
1.612

879
»7g
1U»I8
ll»i«

TBAJCgrr.

Ooit-

Mod.

Total

87.
97g
10»|9
ll»,a

or SrOT AUD

S41.K8

8POT MARKET
CLOSCD.

-

1.17,8

87g
9'8
10»is
ll»..

Btrtoi C«x>d

121»„ 121

137,8

14»„
Mat.

8TA.1.'IED.

Sat.

I9.s:i

8V>.491 178.780

80,087

30.717

Tatal.

84M0

riortda

Savannah

Onot

90,707

7B.M?

disappointing foreign advieea, and other inflaencra of a laM

Bxportftt to—

Oiinti-

The

and yet

1

Bxporttd to—

1M.3M

ipcoalation in fatarea baa dragged

49.662

i,i47.aii>.

at—

0.9OU

97.200

Included In this amount tbera at* 390
ports, the deatlnaUun of whloh wa oaaa

sales for ?ach

In order that oomparison may be made with other years, we
ffiye below the totaw at leading ports tor all seasons.
SeeeijUt

35,073

335.319

3,400

700

'

day the market was quiet at

201,>1.^5 ».n41,4.'i« •237.«8n 3,2,57.664

Tofiil

Total

m

•4,480

•«,I90

unsettled market, closing without

Beeeipte to

Thie
Week.

Other porta

90^67

9.010
Wona.
9X>'0
5.60O
8.368
Nona,
3,700

118

578

Fhlladolp'a, Ao.

73,167

Wow York

IMal.

trim.

19,919
Moaa,
«.Aa«
8.100
8,12«

(lalvaatoo

4,059
1,319

7,304

ortj-

90,110 90,907
7.800
0331
O.itOO
4.710
12.100
MOO
9.548
9J3S
3.300
Nuaa.
4.100
Num.

M*blla
LiaarlMtoD

16.983
128
50,947
1 2,030
1,110
31.698

4,691

979

Onal

•avaonab

2,522

MoreU'dC.,Ao
KorfoUc

Totai.

1.110
3.49U

1,035

kt—

«rUa4«. cranio.

128
3.363 13.785 15,350
2,283 1,144
1,532

2,837

Ai'.

WllmiU);ton

Dbo. 33,

2,708

Bmtuiw'k, Ac.
<aarli'ston
Ft. noyal,

i

1,585

Indlftuola, &c.

Sew

m.

nun.

Wid.

Tut*.

la addltioa to abor* at pofti, nar litignmtt l»-9iffkt Ban
aim vira
Ktf
oa Um foUowtac amonata at
nC wMoa oa
o« raipboafd,
raipba LaotalMfadLai
aot nlwtad,
'
"
th« porta ombmo. W* add itailar fcaiaa for Ifr«»TorlLwU2
•
ar* pnparad for oar wmtol wa Mr lb
(hNf, TalTi
Lambrt. 80 Bw? ar BtrMt

•wOrUaao

1881. of 316,306 bales.

1,

719

iM4a

XMa4.

tU.

452 170.100
1.067138,500

200
40
873

1,90«

MO

700>ll8,40a| 1.100
Sioi 74.10«l l,MO
a.o32 113,700
888 111.900 1.000

143

930

H..559

2.658 1.291!

733.100

5.900

the day praThe dally dnUvoriei rclvoo ab<iv« are aotuiUly d»llv*r*l
viotts to that on whion they are reaortad.

Thi Salbb

aitd

Pbicm op

Ing ocmprehensive

table.

Fcnmm

are shown

daily market, the prices of sales for each

the

by the foUow-

In this statement will be iVond tha

closing bids, in addition to the

month each day. aad

daUy and

t«>t*l

salea

«

o

»

«

THE CHFvONlCLE.

720
H
c

CD

i2l|

g

.

.
.

oS-Eg»5^2

(B

a

r«

O

£»

ea

fC

5*

complete figur&s fort-o-night (Dec. 23), we add the item of exports
from the United States, including in it the exports of Friday onlf.

oaag
^

00 -5 rt

fVou xxxin.

1881.

1980.

471.000
37,000

46:).0O0

30.600

45,299

32.^000
48.000

508.000
122.000
3,500
16.200
18.000

411,299
41,690

37F0OO

43.'200

501.600
90.000
6.800
33.300
2,300
19.400

10,.'i50

15.300

5.2.50

9,3i>0

390

4,!90

11,500
1,006

2S.000
8,750

2,090
7.900

6,470

1,358

6,00fl

228,580

171.660

75,173

133.750

Total European stocks.. .. 736.580
India cotton adoat for Europe. 103,000
Amer'ii cotton ailoal for Eur'pe 430.000
Et!ypt,BraKil,&c.,afltforE'r'pe
43,000
Slock in United States ports .1,147,320
Stock in U. B. Interior ports..
406,661
United Stftes exports H>-day..
8,800

673.260
59.000
689.000
41.000
933,688
310.015
49,000

486.472
79.719
693,220

526,750
54 000

Btoch at Liverpool

E£2

S.S.?

:

—..

i

SB

*

lif

I

to>

£.aS
05
to

1-3

I

9

66
»^

cm

OH-

M — 5j

O
M
t3

6.^5

'i-ji

tctO

tots

I

•-'

10

ecoO
tcro

M CO
ro
CP
^1

»
O
o o
o

«)»

-J

I

-^

^Q

'

MtvO

^o

1

tCWo

tcio

M

to to

CO CO

a
«to
*.
M
C n
o o

1878.

000

Antwerp

Stock at other oontl'ntaJ ports.

Pfl^lO

•t-i^to

R)0

I

Utvo
coo

e^ct

I

cicjo

lOrio
,^.-10

s

I

CO
C.13U)
<»

e

1

ro

It- If-

05

rorco
r*

to to

CC03M
'-'

K,tOo
-*ioO

C;0

<lO

1

to to

K)tO

to to

tcro

CO

dob

ob-x)

obcjb

rc(0o

MM*.
KlOo

lib

**cco

.144.000

102.000

96.000

Aiuericaii atloat for Europe
480.000
Cniteil States stocli
1,147.320
Uiiited States interior stocks.. 406.661
United States exports to-day..
8,800

68:^.000
SSS.O-JS

aooO
CCS

stoclcs

American

2,500

45.804,

852,910
304.926

300

6'>9'o00

15000
8 19,S'28

294.281
15,000

cctoO
too

oboo

10 to

to to

I^The

:27.000
37,000
126,.')80

103,000
43.000

&0

Total visible supply
Price Mid. Upl.. Liverpool
10 top

3.57,000

310.015
49,000

250,000
25,000

200,000
110,000

09:1.220

6.")9.000

852.910
361.926

849.828
294,281
15.000

300

2,488,781 2,434,703 2,180,356 2,123.109

Total East India,
Total American

® "^

I

— OS

7000

4 000

Omtinental

Bast Indian.Brazil, ite,~
Liverpool stock
London stock
Con tinentai stocks
India afloat for Kurope
ERypt, Brazil, &c., afloat

Stf*

I

2 000

6.35G
1.800

POO

Liverpool stock

Total

O'Oi
to to

9r''250

9lS

SmerUan—

IcroO

1^

VT

1879.
3(io

Total visible supply
2,925.361 2,754,903 2,.'i23,351 2.413,959
Olthe anove, the totals of .Imoricau and other desoriptioas aro as follows.^

ttOta

so

I

=)

M

Sttich at

Total continental ports

ecu
6>»

-:

.

Btocli
atocli
Btofli
Stooli

£
I

iU
r-

Tola! Great Britain utook
Stock at Havre
at Marseilles
at Barcelona
at HamtiurK
at Bremen
Stock at Amsterdam
Stock at Rotterdam

o

P

•

I

!?::?<!
-;:

bales.

London

to

i:

;

Utxtok St

103,000
36.600
75,660
59,000
41,000

IIG.OOO
45,299
50.173
79.719
45,804

125,000
4S.00O
43.750
64.000
15,000

436.580 320.260
33C,8 >5
283.750
2.488,781 2,434.703 2,186,356 2,128,109

—

2,925,361 2,754,963 2,.")23,331 2,413.859

UHmd.

6iii(,d.

o^i.

615ib:1.

imports into Continental ports this week have been

24,000 bales.
to to

lOtO

CO

CCCD

e)p

M — <I
I

ICtOO

1

tf

too

tOlOo

e*co

I

^—

to
tOUo

tOCOo

too®

The above

ceo

SM

1

KW
§8
1

'-'"00
o;

cou

CJCO

6-i

8'"

-»C0

couo

acoo

66
H-»-

CO
&'-'

CI
t3

»-•

o
W Wo
o s

statement:

cS

KtO

p
03
CO
8|6

««§
ti.i®
ccco

uw

KtO
CIO

ccto

CJKo
MtOO

totoO

coo

too

s
^^
UKoiU

h-00

MM
CCOD
I

to

I

10^

ciiCJiO

^"iCO
to

too

cJ"6o
cnto

^<1
»-co
I

I

@

I

frrtto

sr

cccoc
tocic

cceoO

ReeeipU. Shipm'ts

AuRusta, Ga
Columbus, Ga...
Macon, Ga
Montgotu'ry.Ala.
Selma, Ala
Memphis, Tenn..
Nashville, Tenn.
Dallas, Texas. ..
Jetterson, Tex.
Shreveport, La.
Vicksburg, Miss.
Columbus, Miss.
Eufaula, Ala

coco
to to

OiX
e'I

1-1

—v

CfCOc
tocbo

cco»
10 10

66

to to

66
Cw»

is

I

0-05

ISO

s

S
^—
1

tOUo

660
cut

lOtJo

660
tOC3

C.60

<JJO

00
It-C

C/.

cno

61

I

$:

I

in ijeptember. 1881, for

8

I

SI

3,874
3.530
1,407
20,742
14,247

Total, old ports.. 105,897

96,774 406,661

C160
CCCO

Charlotte, N. C.
St. Louid, Mo
Cincinnati, O....

too

Gritlin,

WW
I

Week ending Dee. 24,

'80.

Newberry, S C.
Kalelgh. N. C...
September. 314.000

:

Beptem-

B

November, Ih82, 200 at 1 lt>3aH-6o.
E Incudes for November, 1882. 20<( at 1 1-60.
F Includes for November 1882, 300 at 1 lo7® 11-59.
Transferable Orders— Saturday, 1210; Monday. 12 10; Tuesday,
12-15 Wednesday, 12-15 Thursday, 12 Friday, 12 05.
1) Includes for

;

;

ShortNoticesforDecember—Saturday, 1208; Monday, 12-05»12-01;
Wednesday, 12-05.

The following exchanges have been made duripg

14 pd. to cxch. 200 Dec. for Jan.
24 pd. to exch. 300 Jan.
43 pd. to exch. 500 Jan.

for Feb.
for Mar.
•24 pd. to exch. 1.100 Jan. for Fob.
•77 pd. to excb. 1,500 Jan. for May.

9,316

5581
3 143
4,()i)5

2,534
17,684
2,423

707
480
3,240
7,626

980
2,301
l,ii67

Receipts. SInpm'ti

8,943
6,103
2,718
3,637
5.593
21.205
3.267
1,471
2,296
4,675
6,792
1,776
4,079
1,541
4,888
4,412
1,300
14,983

22,110

6,232
5,276
1

.Oil8

5,3fi4

5.767
1 6.355
3.190
1,460

979
2,25C
5,765

743
3,845
2,269
3,426
6,600
1,340
10,876
22,162

Slock.

23,539
23,224
9.665
12.0r5
9.548
86,145
14,219
5,60?
4.731
10.506
8,211
7,112
3,794
1,872
19,118
14,989
1,000
38,787
15,942

€)

ber-October for October. 416.400; September-NoTember for NoTember,
511,200; also sales for November. 188.i, 3,700.
A Includes for November, 1882. 100 at 1 1'70.
Includes for November, 1 082, 300 at 1 1 -65.
C Includes for November, 1882, 20(1 at ll-CSall-CS.

;

Sloek.

8,005 31,701
4.149
28,815
2,0S2
10,S6S
3,632
12,953
2,730 12.500
9,515 103,3-<3
2,1.56
17,431
2,123
4,500
1,400
2,178
1,331
16,69n
8.115
13,376
10,859
1,218
1,809
3,721
1,746
5,017
26,323
8,479
4,-250
12,222
1,307
800
16,287 83 3=.l
16,107
6,763

Ga
Atlanta, Ga
Rome, Ga

to

t-h-'CO
i-'l-'O

Si:

ao
Includes sales

toco

ceo

WUo
>-:oO
oo

.

toi;

CJ'*-

2 o

utio

ecu

coos
COlO

I

10

Dee. 23. '81.

I

CCWo

I

Week ending

OS 00

I

l-CJ

tc-i

1880,

—

CCWo

t-O

Ol

same date of

—

coco

sua

Wo

in the cotton in sight

an increase of 402,010 bales as compared with the corresponding date of 1879 and an increase of 511,502 bales as compared with 1878.
At the Interior Ports the movement ^that is the receipts
and shipments for the week, and stocks to-night, and for the
corr&sponding week of 1880 is set out in detail in the foUowiu?

tOWo
«coo

C: **

to to

an increase

figures indicate

to-night of 170,398 balas as compared with the

©<-*

the week:

-20 pd. to exch. 400 9ept. for Apr.
-45 pd. to eich. 700 Jan. for Mar.
-24 pd. to exch. 500 Jan. for Feb.
1-10 pd. to exch. 300 Jan. for Aug.

^B% V18IBLB Sdfplt of Cottos, as made np \>j cable and
ld«g:raph, is as follows. The Continental stocks are the fignreo
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday eyening; hence, to make the totals the

I'etersburg, Va..
Louisville. Ky...
Little Rock. Ark.

Breuham.Tex...
Houston, Toi
Total,

now

Total, all

ports

120,811 105,020 310,01*

866

866

744

765

658

398

2,663
1,233

2,276
1,018
1,187
1,0S2

2,086

3,000

3,171

730

546

814

1,580
1,468
1,653
27,214

2,001
1,317
1,001

26.109

4,818
1,536
3,679
20,068

35.496

34.632

43,472

760

9-20

16,069

15,488

2.500
5,684
9,869
3.293
2,442
25,831

25.202

22,837

50,363

2,341
1,270

131,099 119.611 457,024

156,307 139,652 353,4»7

The abi ,Te totals show that the old interior stocks have increased during the week 9,123 balf s, and are to-night 96,646
bales more than at the same pericd last year. The receipts at
the same towns have been 14,914 bales less than the same week
last year.

—

Rbcbipts from tub Plantations. The following table at
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made np more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to freq^uent inquiries we will add
that these figures, of course, do not include overland receipts of

Southern consumption; they are simply a statement of the

—
OlMiaum u,

THE CHIIONICLE

1881.) -•tn"

wMkly movraient from

the pUntatioiu of that

put

of tb«

whioh floAUj reaohM thn market throoj^h th» oat-porta.
rsoM rLAKTATium,

oop

n—lpUMOuParU.
law.

oot. 7.
;i.
" «i.

"

II.

l».

"

».

PM.

».

"

10.

Mil.

un.

UM.

laat.

MM.
a.44

;88l

SS.WI IM.TCB iva.ote *i»sn 8 7JII <l 1.407
iTa,ii7« 81^100 SAJOB
.711
«B.08T«Bi.i*«ai«.aw 188.909 MM.TCB aBtJM M8JS7 n^a•l
UOJIS llftJMS iM.«ao 187.IM 817, las j«B.«M «n.497 8a*,*u «<J80
aia.<M ioa.ai8 IWI.S37 n«.w«»4i3« 806.708
871 .80» 848. 1«T
tt*.ir« aos,iM a«i/«7s a»«.iN8 MT.SIl 888,1108 804.887 910.777 841.011

majHi

KMm

MUMH

»t7 I0»84M«
888.010
»4a/ui
817
870 J47
8 «.B48 8'S.ira7
<<3tl,4M n8,"» SISJSOS iM.tM a>TJU8tl4.M« 887488
M7.IW1 S37.i)m'wi,i«.tb«i.«iia 810.0tS 40«,«Sll8S8.0«4 838.771
a,97S
«i«.ia7
ISl.dTH •48.187

th* lowsat 44,

Md a« nIafUl tmiUi om iMfc

kndndtte

We

llt*fufnm PlmU-mt

«3a.»ii

S4MI8

*

-

law.

t MtHor Pmt

i«0.4aiiIiwj)M iToaio M.aia io*,oa«
188.114
ll^44»
:«i,Ti4J«io.a«] I8G.0M 81.217 ltl.80' laa.iM I8I.0W «8'.I7«

- M.
Not. 4.
•

I

mac*

M Md

aDd foity-MTM

Kcum

(TMk

twlDf

721

SaeannoA, ffeorcria.—
bat* bad lala on
daf of
paat week, aod th« balaoM of th« wo«k bait baia

om

IW
ftmm^
iaa|ndfRMB H loTI, avnrairlaf M^wt

The thermnmeti^ haa

the rainfall rrinhod nln-iy-foor boadradtlM <if an Inch.
Auffutta, &«or^.—Th« oarij part of ih^ paai

WMk iW

weather was olMT and pUaMSt, bat darto^r thn latter pottioa
wahad light rain on two days. Plaaturs ara oaadtaf tfeilr
crop to market freely. Ararat tbamooiatar M. bif hMt
and lowest 81. The ratafall naehad sixty baodrwdtha of aa

M

inch.

Atlanta. Georgia.— yin have had rain on threo daya of tb«
past week, the rainfall reaehing one laob and twratr-t>o« bnadredtha. The thermometer haa ranged from 39 to ^4. arerac-

^

ing49.

The aboTS statement

nhowfi
1. That the total r^cHipts from the plantationo dinca Sept 1 In
1881 waw 3.312,584 bales; In 1880 were 8,S46,736 bales; in 1879
were 3.370,174 bales.
2. That, although the reoeipta at the eut-porta the past week
were 'JOl.SiSS bales, the autaal movement from plantationa wa«
310,978 balea, the balance goinir to inoreafte the atooka at
the int<^rior porta.
Last year the receipts from the plantation)* for the same week were 253,771 balea and for 187a the
y
were 229,024 balai.

CharUHon,

SotUfi Carolina.— Ithu rained on three days of
the paat week, the rainfall reachiofr onn inob and seTeaty-ehrht
hundredths. Average thermometer S5, higbeat
and lowiai t$
The following HtatHment we have also roerivad by telairrapfc!
•ihowing the height of the tiveni at the poiata named at 8 o'dott

M

December

22, 1881,

and December

'it,

l&O.
Dt.
I^eti.

33.-'ai. JIM.

ntV*

Inch,

HewOrlBana

JilML

BelvwhlRbwaterinark..
8
1
e
M.tiu|ilils
Above luw-wkt«r mark... 10
id
1.
MMbvlUe
Above low- w»ter mark... 21
11
•
4
Shreveport
Above law-w»teriii»rk.
13
10
14
Xvieksbarc
Abare low-water mark... Ti
1
3u
»
New Orleans reported below high-water mark of IS71 ontU
Sept. 0, 1874, when the zero of gauge was ehanged to high-water
."V

. .

WEiTHEB Rbpobtb bt Tblboraph.—There has been

rain

in

most aeetions of the South daring the paat week, and the temperature has been lower, bat the rain haa generally been light
and the temperature high for thi; season of the year, except in
Texas, where ice ia reported in half the State.

mark of April

15 and 16, 1374, which ia e-lOtha of a foot
1871. or 16 feet above low-water mark at that polnk.

abor*

Nbw York Corroa Excaairoa Hbmbsbarip. &c.—Thrva new
Texas.— It haa rained hard on two days of the members have been eleeted to the New York Cotton Biehaage :
Ilnrman not^hl, New Orlemui;
past week, the rainfall reaching two inches and eighty-one
VriUliini Mp(;ii,iiey, New York City;
hondredths. Ice formed this week in half of the State. AverI>oonuril I. Ut^uu, of Hentz dt Co., New York Oltjr.
age thermometer S4, highest 63 and Iowe.>^ 44.
and five applicants are atill to be voted on. S«-ata rnatinue in
Iniiianola, Texas. We have had ahowera on three daya of demand, aud $5,900, the highest price hitherto, haa beoa paid
Balvesto-n,

—

the past week, but as the week closes there haa been a favorable
change in the weather. The rainfall reached foi-ty-nine hnndredtha of an inch. The thermometer baa ranged from 40 to 64,
averaging 55
Dallas, Texas.— It has been showery on one day of the paat
week, the rainfall reaching fifty-five hnndredtha of an inch.
The wheat planting; has been very large. Ice formed thia week
in this vicinity on two nights. Average thermometer 45, highest
64 and lowest 28.
Brenham, Texas. It has been showery on one day of the
The thermoaneter has averaged 49, the highest being
paat week
and the lowest 38. The rainfall reached fifty hundredths of

—

.

M

an

inch.

New Orleans, Louisiana.— yfe have had rain on three daya
of the paat week, the rainfall reaching one inch and aeventy-flve
hundredths. The thermometer haa averaged 57.
Shreveport, Louisiana. Telegram not received.
Vicksburg, Mississippi. We have had rain'on three days
of the past waek. The weather has been cool.
Columbus, Mississippi.— yf Id have had rain on three daya of
the pait week, the rainfall reaching one inch and forty-nine
hundredths. The thermometer has averaged 55, ranging from

—
—

40 to

68.

—
—

Arkansas. Telegram not received.
Nashville, Tennessee. We have had rain on three days of
the past week, the rainfall reaching two inches and aixteen hundredths. The thermometer haa ranged from 28 to 61, averagLittle Rock,

ing 48.
Mobile, Albatna, It has been showery on one day and has
rained severely on two days of the past week, the rainfall reaching two inches and thirty-five hnndredtha. Aver.age thermometer 56, highest 68 and lowest 37.
Montgomery, Alabama.— Vfe have had rain on four daya
during the past week, on one of which tt rained very hard, and
the balance of the week haa been cloudy. The rainfall reached

—

three inches and and eighty-one hundredths. The thermometer
haa averaged 54, ranging from 35 to 68.
Selma, Alabama.— It htm rained on four daya of the paat
week, the rainfall reaching one inch and eighty-five hnndredtha.

The thermometer has averaged 49.
Madison, Florida.— Te\esnm not received.
Macon, Qeorgia.— it has rained on one day during the paat
week. Planters are marketing their crop freely. The ther-

for one.
A proposal to cloae the Exchange, aa usnal at this seaaon, onDecember 24, 27 and 31, also on Jannary 3, was defeat<4d.
It
would appear that operators conaider the position of eatton too
nncertain to allow of the intermption of bnsinesa, aa bad lieeome customary in former years. Now it is requested to make
at least Saturday, December 31, an extra holiday.
The names of the following visitors have been entered ainea
December 1, the date of the visit being alao atated
2-E. 0. MiUor. Mobile.
12- William Tbomp
upeoa. Tasas.
LInuen Cook, Fall niver.
3—C. L. Slegnl, Kiclimond.
C. C Johnston, Liverpool.
K. K. Qudsou, UlaMailpni.
T. H. Mllbiirn, Mrmpbls.
I. U. Uadson, MlMlotiupi.
O. II. W. Upk«. Baltimore.
Dr. C. E. FlomlDS. 8. C.
IS M. B. 'laylor, AhtlHuna.
.~>— Cslonol S. M. Thompsun, Tu«cnmbla, Ala.
A. J. Tavlnr, Alabama.
:

,

—

7—T.

Tbeo. Ilooper, Baltimore.
6-r. N. Weathcrl}-, 8. C.
Dr. A. J. DeRoAolt, N. C.
C. V. .lorrott. llopkinavlUe,

K. Wllaon, New Orleani.
R. J. Hubbard. New York.

le— I.
Kj.

R. Monro. Mobile.
Y.
B. Wllliamt. Utlca,
C. W. Smith. Woroeater.
E. H. Leo, RalciKh, 8. C.

N

8.

17— Rtuh. Taylor, Alabama.

li»— Edwam Paltoo. l.ouUvllle.
I. W. Ruoker, Atheoa. C.a.
Ocorge I. Balnea. Oavanaab.

9—

8.

Purkcr.

Jr.,

R. T. Lacy. Virginia.

W. P. abayoek, at. LouU.
Wailawortb, North CaroUns.
H. C. West, 81. iMOit.

Chicago.

20— E.

10—S. B. Onion, Liverpool.
12— W. I.aiubloy, Liverpool.
J. J. Doiiithty. Anguatii.
D. C. GUaingfl. Texnu.)

Samuel

—

M>ison, Jr.. I.lvarpool.

22-H. M. Walkur, UverpaoL

Jdtb BiTTR, B&ani>'(«, &c. ^There ia not much demand for
parceln on spot, bat there is more inr^tiiry for future deliverr.
The markttt U rather steadier and holders are asking a ahada
higher prico.') than at the date of our last, ami at the cloaa
the qiiotitious are Oc. for 1^ lbs., lOo. for 2 lbs. aad lie. for
standard grades. There have been aalea of aome 400 roUa in
email lota for present wanta. Jute batta ac» not very activcr
bat there ia a steady trade demand for small pareeb, aod ia the
segregate about 2,000 balea have been placed. There ia no
change to note ia price.s, which are ateadily held at V^c. tor
paper grades andS@3 l-16c. for bagging quality.

Port Rbcbifto and Dailt Chop HoTnaiT.—
comparison of the port movement by weeka U not aoenzata
aa the weeks in different years do not end on the aame day of
the month. We have con.sequently added to our other MvMag
tables a daily and monthly atatement, that the reader m^y
con.stantly have before him the data for seeinfc the exact ralalif«
movement for the years named. The BoreaMat each moalk.
since September 1, 1381, haa been aa followa:
Ooia>.\EATiVE

A

Tear Btgiiuttng Stplt mhir

Jlon(hly
ReeeiptJ.

Bspt'mb'r
Oototier..

Novemb'r
mometer has ranged from 30 to 75, averaging 54.
Columbus, Georgia.—lt has rained on two daya of the paat lotalrear

week. It is claimed that about three-quarters of the crop has
been marketed. The thermometer has averaged 60, the highest

Cien. B. P. Pattocson, Memphia.
Uigor a. W. Emocb. Kentaokr.
A. W. Majrer, VlnclDla.

L. Ferguson, Liverpool.
B. P. Freeman, Ikuton.

1830.

1881.

458.478
433,05
827,849 908,3 H
937.578 1,006,501

1879.

1878.

333,043

888.818
089,364
779.335

889,49-.'

912,27

1.

1877.

98.491
578,533
832.493

2,137.484 3,433,307 3,lftl,407 1,757,84; I,4»9,5r
Pero'tageottot.pari
43117
3951
31 SO
41 42
receipt* Nov. 30
.

U7*.
SS«.86S
97»,9a»
901 .39S

1.813,M»
44-ai

„

.

THE (MRONICLE.

722

This statement shows that up to Nov. 30 the receipts at the
year were 245,813 bales less than in 1880 and
23,077 bales more tlian at the same time in 1878-79. By adding
to the above totals to Nov. 30 the daily receipts since that time,
we shall be able to reach an exact compari83n of the movement

ports this

for the different years.
1878.

1879.

1880.

1881.

1876

1877.

Tot.Nv.30 2,187,484 2,433,297 2,164,107 1,757,319 1,499,517 1,813,520
8.
21,387
30,821
52.479
26,647
36.867
Deo. 1....
S.
21,089
" 2....
30,886
39,978
29,216
45,332
40,703
S.
" 8....
40,891
28.110
48,897
34,006
" 4....
41.873
25,675
23,532
27,179
8.
30,316
31,662
19,608
30,938
20,766
" 5....
51,134
S.
32,325
68,291
36,219
" 6....
36,016
31,799
63,166
21,767
25,563
23,111
" 7....
8.
30,136
36,174
33.072
" 8....
8.
22,784
29,263
43,236
40,865
" 9....
8.
26,981
31,502
58.561
42.401
25,055
8.
47,969
59,133
37,914
28,693
39,377
"10....
35,816
42.863
30,836
8.
41,993
33,164
"11....
29,247
30,614
25,895
8.
50,014
"12....
50,059
39,011
29,426
46,021
42,522
"13....
30,942
37,733
31,300
" 14....
26,923
33,977
B.
32,913
30,650
8.
32,893
35,612
" 15....
45,251
36,960
33,332
8.
23,479
" 16....
52,468
30.412
46,325
40,452
50,328
8.
33,308
• 17..
32,588
28,929
49,541
34,519
43,313
35,179
" 18....
30,473
S.
39,619
38.346
31,246
25,930
" 19....
42.450
8.
45,560
30,037
23,675
31,074
" 20....
31,874
25,260
43,275
45,471
22,581
8.
27,899
37,419
26,156
"21....
31,722
25,931
S.
46,158
" 22....
25,775
35,119
8.
28,042
28,891
55,201
32,077
40,831
"23....
Total.....

movement
up to date,

total

years

5822

64-44

55-29

December US

in each of the years

named.

Cotton Motbmemt from all Ports.—The figures which
are now collected for us, and forwarded by cable each Friday, of
the shipments from Calcutta, Madras, Tuticorin, Carwar, &c.,
•lable us, in connection with our previously-received report from
Bombay, to furnish our readers with a full and complete India
IiroiA

movement for each week. We tirst give the Bombay statement
for the week and year, bringing the figures down to Dec. 23.
BOMBAY RECEIPTS AND SHIPMEST8 FOR FOCR TEARS.
Shipments

Tear Oreal ContiBrit'n.

Shipments since Jan.

thia week.

nent.

Oreat
Britain

Total.

Continent.

1.

Total.

Alexandria, Egypt,

1881.

Dee. 22.

Becelpts (cantars*)—
This week....
Since Sept. 1

To Ll verppol
To Continent

.... ....

Total Europe
*

980.000 35.000 1,363,000
909.000 IS. 000 1,186,000
611.000 3.000 868.000
727.000 6,000 924,000

12,000 102,000 14,000 106,000 8,000 154.606
9,170 51,521
3,351 35,313 11,000 79,850

lbs.

This statement shows that the receipts for the week ending
Dec. 22 were 160,000 cantars and the shipments to aU Europe

were 21,170 bales.

Manchester Market.

—Our report

Tear.

(treat

Britain.

Continent.

Shipments since January

Total.

1881

3,000

2,000

5,000

1880
1879
1878

i'.ooo

4,606

5,606

Continent.

Oreat
Britain.

Totat.

87,000
87,000
111,000
72,000

225.000
223,000
209,000
144,000

1.

We give
of twists and shirtings, and that the market is quiet.
the prices of to-day below, and leave previous weeks' prices for
comparison:
1881.

9H

32» Cop.

d.

9

6
6

-as

as
a8 lis
6 6 ®8 li«
93891016 6 6 ®8 114
93e»10is 6 6 ®8 lia
938910% 6 6 ®8 lia
914310 6 6 as O
938*10 6 6 ®8

9^«

9>4310
9i«al0

6
6

6

Europe

from—

Bombay
All other p'rti.
Total

Iwist.
d.

d.

933
914

e'lfl

914® 10

6»ia
61s
6liia
IS'is

69, R

6-Il6

« 10 18
» 10
a

914

958
9=8
91a
95e
9=8

8.

9

®S

9
9

-as

9

-as

d.

d.

6%
6^

6I3
6I18
63b
61 'i»

-3iS

7i«a7 1013

9 '8

a 10

9
9
9

a 10
a
a 10

-as

SH
-as
-as

88

a 10

The Exports of Cottos from New York
compared with

d.

938® 1019

638
6'ie
638

Mid.
Upttif

this

611,8.

6S»
11*

613i,

lis

GII18.

week show an

week, the total reaching 15,578Below we give our usual
bales, against 8,781 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total export*
and direction since September 1, 1881, and in the last tolamn
the total for the same period of the previous year:
increase, as

Exports OF Cotton

(balks)

last

from

New Tork

sincb Sept.

1.

Exported to—

A'or.

Liverpool

5,89;

Other British ports

Dec.

De^:.

7.

14.

1981.

Same
Dec.
21.

Total
since

period

previ'ui
Sept. 1
year.

6,118 13,975 121.120 144.220
599i
...
6,655
3,10a

9,353

I

Havre

312,00f
310,000
320,000
216,000

25

1,304

258

14,310

19,514

Other French ports

Total French

Bremen and Hanover

1,045

Hamburg

,

25

1,304

258

11,310

19,614

247
250

559
300
500

1,115

"200

13,204
10,257
2,140

18,017
14.042
4,092

497

1,359,

1,315

25,901

36,151

737

460
95»

737

1,413-

Other ports

Total to North. Europe 1,146
Spain, Op'rto, aibralt'r,&c
All other

200

Total Spain, Ac

8.781 15.578 165.476 207,9o»

7.238 10,173

The Following abb the Receipts op Cotton at New York,
Boston, Philadelphia and Baltimore for the past week, ai.d
since

September

1.

1881:

totals for this

1880.

1881.
J* all

d.

d.

d.

s.

9»a 6
9% 6
g's 6

•»

91b»

Oott'n

8I4 lbs.
Shirtings.

32» Cop.

Mid
Up </s

Shirtings.

Twist.

Oot.21
'
28
Not. 4
" 11
" 18
" 25
Deo. 2
"
9
" 16
" 23

1880.
Colt'n

lbs.

OsAND Total

week show that the movement from
the ports wther than Bombay is 5,000 bales more than same
week Isat year. For the whole of India, therefore, the total shipments this week and since Jan. 1, 1881, and for the corresponding
weeks and periods of the two previous years, are as follows.
aXPOBTS TO BCROBS FROM ALL nn>IA.

The above

received from Manchester

to-night states that there has been no material change in prices

Total to Qreat Britain 5,892 9,951 6.118 13,975 121,528 150,875

CARWAR, RAKOOOM AHD KURRACHBB.

this week.

This
Since
week. Sept. 1.

21,170 153,.521 17,351 111.343 19,000 234,456

A cantar is 98

1.

the same week and years has been as follows.

Shipments

This
Since
week. Sept. 1.

Week ending—

According to the foregoing, Bombay appears to show au
increase eompared vrith last year in the week's receipts of 17,000
bales, and an increase in shipments of 8,000 bales, and the
shipments since January 1 show aa increase of 71,000 bales.
The movement at Calcutta, Madras, Tuticoria, Carwar, &c., for
•A1/3DTTA. MADRAS, XnTXCOara,

150,000
2.290.000

Exports (bales)—

30.

1881 11,000 13,000 23,000 370.000 610.000
1880 7,000 8,000 15,000 37.'>.000 .534,000
2,000 -J62.000 379.000
1879 2.000
3,000 3,000 3^3,000 401.000
1878

1879.

120.000
1,505,500

This
Since
week. Sept. 1.

Since

Jan.

for the three

1880.

160,000
1.817.550

Receipts.

This
Week.

and

of the previous two years.

A.

This statement shows that the receipts since Sept. 1 up to
to-night are now 256,421 bales less than they were to the same
day of the month in 1880 and 29,587 bales more than they were
We add to the table
to' the same day of the month in 1879.
the peroentages of total port receipts which had been received to

22,

at all India ports.

—

6013

4921

week ending Dec.

for the

Alexandria Recbipts aitd Shipmests. Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Aleiandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipt*
and shipments for the past week and for the coi responding week

^911.158 3,197,879 2,911,871 2,159,258 2,140,003 2,428,565

Feroentag 3 Of total
port reo'i)t8 Dec. 23

xxxm.

[v^oL.

ThU

Since

tceek.

Jan.

23.000
5,000

980,000
312,000

1.

28,000 1,292,000

This

1879.

Since

This

Since
Jan. 1.

veeek.

Jan.

1»,000

909.000
310,000

2,000
5,000

611,000
320,000

15. 000 1.219,000

7,000

961.000

1.

tceek.

This lant statement affords a very interesting comparison of the

Receipts

from—

New

York.

Texas
Savannah

9,152 119,462
57.768
4,852 136,753

Meblle
Florida

"712

N. Orl'ans

Boston.

This
This
Since
amce
week. Sept. 1. week. Sept. 1

j

Philadelphia.

Baltimore.

This
Since
This
Since
week. Sept.l. week. Sept. 1.

544 20,659 2,916 36,867

1,210

18,608

2,3-23

30,2-20

9,993
8,010

84.651
59,309

2.471 20,592

This year. 50,997 609,673 21,535 192,788

3,015 11,251

8,860 119,616

Last year. 42,2»1 554,712113,631 141,699

1.333 27.381

8,953 I23,06»

.

5.i'l8

6,969 92,941
3,179 37,603
13,832 106,200
1,631
North, pts
Tenn..io. 12.113 50,729
188
1,468
Porelgn

728

S.Car'lina
N Car'llna

1.038
3,232

12,113
11,316
50,546

"946

8,61»

56

.

.

I

Dbokmbbm
Ahippixo
Stut.'.s til.'

M

THE CHRONICLK

IM1.J

Ntwa.—The exportii ot entton from the PnltH
pMt wiwk. aH p.<r latent mail r«tarnii, h»»« m«i!hH'l
far

8<i

138,i)0;t bales.

its th>-

.Southern porta

R<>ciit>»i.'

RrltiiKiilr. .Ntl I
City uf .Uoiilntil, t.ftiia
...Kxyi't. l,As<9....I.akt< cUnniplalD. 1.U7U.... Lake Win'.',.'>Uii
Moiuhuu, lUOl
Naamxtb, l,2ul
HorTia, IMK)
1S,07.^
To liiiTru. |wr 8(«Minior Aiiirri<|iie, 133. ..BL Laiueat, IM..
To Itn'tniMi. per Ktt'aiiuT Main, 1,143
l.U.-i
To KntirnUiii. |icr Htciiiiiir .MiuM, 200
JUO
Raw UHI.KAN8— Ti> l.lv«i|i"ol, piT Mlciimeni Horiba, 0,000
Rollviir. 3,l>00. ..IliTtMr.
1..^(K) .. Uwlnlutor, .'.,734 ...
PKinliroke, ^,.^l;:^ ...jwr nhlp ijuooben, 3,U30
iior bark
D. H. Waljfii, I.OOi)
32,017
To Hurra, |H\rHt<'»iii»r Klacliiti, 4,.M3....per abliw Charlee,
.

ft,Ul7....l'V)r<<nliii{cn,

:<,se7.

.

..(le

Martba, 4,t>eb....per

bark* Cmliir Croft, 4,070

To
To

...l«luy, 2,671
Bromc'ii, pni Htriinici' Cllntoiilu, R,750

2."i,n.'«

8,7.^11

iiareoliiiia, i>ur Imrk Aurora, !!•.%
Cbaui.kstiin— I'o Liverpool, ptM' biirkH (HHbel OuKipi. 2,.^00 U|V
land and l.'iO Sea Inland. Wild llnntcr. '.;.!'7i Upland and
271 Sen Inland ...iwr barkputuif llornlim, I, :< 14 Upland..

l».->

.

",'201

To Kurcvlona, pit

ship AUrfrliia. •J,(liK) Upland
2,'li'0
Satasnah— I'll Liverpool, per inirk Konoimi. 2,1(01 Upluud
2,!I0I
To Anistenlani. pvr l>ark lliii. 1,.'>I!0 Upland
1,AOO
To Biiroeluuu, per steamer Asturlauo, 5,2D0 Upland
per
brlK Lola, (i:) I Uidaiid
8,881
Texas— To l,iverniH>l. per i-hip AlUo M. Mmut, S.SSO
per
burkK Boildderen, 1,2(1 1
Xanrak, 2,0.M
6,Sn2
To Bnrraen. per hrli; Joliuniia Kreuieu, H7.'>
b75
WiuiiNoro.s— To I.lvcrpiMil, per barks Catlmirn, 1,323
Preintlden, 1.48H
4,420
ikt liarkenline Kesolnte, 1.018
To Hrennn. per bark Slur of Hope, 1,0«3
1,083
WOBToi.K—To l.lver|K><>l, per Kteaiui'r Peilro, 3, 104.. ..per aliip
per barkn Avonport, 3,410
Revolvine l.lKl'f, l.^''<>
18,70S
Nicosia, y.710....Z.bina (inndov, :i,714
To Burculou t, pur steamer Jose liuro. 2.00i
2,U9d
Boston— To Ll%'eriMiol. fk-r slvainera Istrlau, 570
.Maratbon,
1 .OS.-i.
PolyneKlnn. :<U'.»
1 ,9r>4
Phu.auiiu'II1a—To Liverpool, per atejimemBrllidb Crown, 2,000
3,000
....lUlnoU, 1,000
. . .

138,903

Total.

The partioalan

of thoao shipmsnta. arranged In oar nsoal

form, are as foUows:

Amtler- Roller- Bnree-

dam.

<tam.

2,901
6.892

Wilmington

4,429
18.798
1,994
3,000

Norfolk
Boaton
PbiUidolp'a

....91,816 23,091

Total.

1,500

l.'S,.'i78

19.^

04.02.1

2,600
5,881

9,8o9
10,342
7,787
5,492
30,896

87j
1,003

2,098

L>i'

I

Ih* twiaii

lliai

fot

.!•

t,
l
,», Dm.
oVTbanter aeralax (3M iMt.).

aatmr.

Uverpool.atMHait. •»•*«
Do
aaU...*
....
Havre, steam... .r. '»»••

Do

(all

e.

•

•remen, steam. .«.
Do
1.
(aU
aaiBborg, ateam.d.

Do

saU...rf.

Do

saU.-.d.

KiUMo, steam
sail

.••
««„.
•

«.

3,000

200 10,774 138,903

1.580

8,333

all n«vVH

I ,

•.«

.

•

u„.

"m*

«»M-

»»•

»u

«i«

^M

*!•

*!•

Tu

«M

i\»

h»

^M

Vm

....

....

....

"•••u

«•••,.

'••n*

%

%

••••l.

•t»»ii

....

....

H

H

H

%

....

....

....

^Oompreiaed.

—

By cable from Livarpool, we have th» foUowlng
of the week's Halen, stoeka, Ac, at that port:

LiTSRPooi,.
•tat.emeni',

I>«. 3.

Sales of the

week

balea.

Of whieh exporters took
Of which siieeolatora took..
fifties Ameriran

53,000

8.20O
57.000

4.100

I

—

^>tat stue k
KstlioHted
Of whli h American— Estim'il
Total Imi ort of the week

39.&o>
l(;.U<)o
0.4i>>

ll.SlKI

H.UiH'

50.%.UiM'

4s7.UUi

3 i^tiOU
Uo.oOl'

374.OO0

iiy,0o'

1.50(1

19

32.).00«
IsS.OOi

wbloh Ainertcaa

l,U0i

lll.OOli

4l.)0«l
2s.l>0<

24I.0O1
I'll, Jim

Liverpool market for spoia and futures naeh ilay of tbo
Clie dally oloain« prtoea of apul eottoo. bava

"•e^n aa follows:

Saturdan Xondmy.

4iot.

Market,
l2:30P.ii
.Mid.

(

Fkmer.

Firm.

Cs

6'.

Ifsrfna. Thurad'y.

ruesday.

Msady.

Firm.

ttsady.

)

Upl'dr

8p»c.,bexp

10,000
1,000

613,';

euu

loouo

10.000
1.000

10.000
1,000

10,000
1,000

lO.OOO
3.000

Firm.

Fimu

Firm,

Oall.

Staady.

Maady.

Weady.

sler

asler.

Qalat.

Steady.

Maady.

1.000

.7i4turM.

Market, '
12:30 P.M. j
Market,
5

p.

>

M.
]

The aetnal sales of fatnrea at Uverpw>l for the sams we^k are glroa
below. These s ties are »a the basis of Uplaads, Low Middling olaose,
unless othurwise stated.
BATtmniAr.
Deliver]/.

rt.

Doe

<?lli,

Oec.-Jan
Jan.-Feb
Fex.-.Mar
Mar.- April

I

oa^'jj

I

•0»'si

6>3is

I

Mav-Jiine. .6>*is***H
.

eilis

several sails blown aw.iy.
Ot;ADAi,ui"K, sieamor, from Oalveston for New York, NIckenion, with a
cargo of c.tion, hides, tallow, Ae., for .Vcw Y»rk, In nttemiiting to
cross the bar at (ialvcstoir. Dee. 15, drawing 13 feet of w.tter,
«ncour.t're<l a rough sea, and her keel drained on the bntt ui. On
jtetting Into deep water she was discovered to be leaking badly.
Bhe » as then rtin uiiou the bar. wlioro she lay In a erltieal eomlii ion,
wltli five and-a-half feel of water in Uer hold. Her alter bulkhead
A sail was placed under the IcakiiiK compartineul, wh re
is tight.
in
a hole of about 8 Inches was founil, probably made from ec.niing
ho bole was stop|H>d
contact with an anchor lost on the bar.
piocewted
steamer
the
from the In l le by A. .M. of the 17th, and
on the 18th for New Yck. .Hho hail a hole mwle In her bottom
betweau water tank and water tight c impaitiuents. The damage

Deo

after

1

I

tooargols very rtll/ht. ami none was taken out.
...
with
Hector, steamer. Lax, from New Orleans, Deo. 0, for Liverpool,
4,.">00 bales cotton and other cargo, went aahore on the southwest
Iloetor
Dec.
1.5.
The
end of the Marquesas Keys, Florida, prior -m
was got ofT after partially dlsoharglog, and was on her way to Key
West A. .M. of the 2 )tii.
,
„
. ,
_
,

Palbbti.nk, Kti^amer (Itr.), before reported at Liverpool, Deo. 4, from
Boston, reports, Nov. \iS. several aeaa broke on ho*™.^ eairying
away three boats, ic, stripping tbe tarpauUn off No. 5 baton and
doing other eonsllerable damage.
„
«n
j
Banzani, steamer (Br.), from New Orleans, at Bremen. Nov. 28, experienced Hlniiig wesu^rly gab s during the whole passage. Ou Hot.
21 experienced a hurricane which lasted six houi;«; i» heavy tea
broke on board and washed one boat away, oud did other damage
to deok load.

on,,*^

July-Aug

Deo

Barcelona and Malaga,

GTm

Mar.-Apr
Apr.-Muy

(Sp.), from S:»vannaU for
being di'tained at .\talaita six days, was sent to Port Mataon, Deo.
2, 1 perform (|uanintine.
Kxri.oKKK, steimer (Br.), from New Orleans at Liverpool, De". 1,
reported having cncoUTitcred a terrific g.ile .Sov. 19, whiih continued up to 30tn, and had two boats damaged, salcMin stove, after
wheel and all radvablo things about the deck swept away and

Was dlsooveiod around

After taking In coal a leak

flange of feed pipe.

ELViRt, steamer

for Reval, put Into Dover,

Dac.>Jan
Jan.-Feb

4.

IMiverjf.

I

6aii3»><is

e\a»„

d.

Delive'ii.

Apr.-.May
«1|
Mh*' .Inn ' ....6"i»*vi
Hl»i»
June-July
July- Aug. .. 63131*7

I

«>»u

from CTiarleston

Atdoy.
Fair baa.
at prevt.
oBsprleaa.

61Im

0"„

Mld.Orrns
Bales

Mor.-Apr

(Br.),

7, for coal.

£0,oa»
3.800
7,300
471,000
344,000
59.000
27.500
3mO,000
237.000

werk ending Deo. 23, and

Feb.-.Mar

cargo.

Dec.

76,000
0,500

3 >«<K
SA.'OO

327.0IMJ
^3.ootl

3

Amoiiiit afloat

j>t~n.

10.

48 .VM
3301

1,8'Xp
4^.^.^lo.

Of wh:oh American
O.'

3.(01

CI IX

Actual eX(Kirt.....

Porwanle

Om.

Dee. 9.

7.V0<X'
4.5011

KOIISAT.
6*7,, Jnly-Ao.;
«»<sj Apr.-May
0>iis May-June. ...6''e*»'Ml Feb.-Mar
«> Juue-July
6'*is| Mar.-Apr

Cabadoc, steamer

JH.

T|.

—

...<l.

fW,

WUmm.

AMi.

JfMI.

follows:

%.n

•m»H *n»H *m»** •»•"« •«•%

•

Amst'd'm, steam.e. "•••w

Do

!

1

Cotton frolgbta tbn p«*t wmtk bkva b««a

1,994

reeeired Ui dtte of disasteN to vessels
carrying cotton fro-n United States ports, etc.:
A^LBBRT, wr«o'ilii< Rteamer, which wux at Indian Harbor takini; la
cotton stt'id from ilie wreck of the steamer Rochdale, from
Chariest >ii for 8cl>.i»topol, was bnrned on i"np.«(lay by the upsetting of a lamp. One hundred and five bales of cotton were con«u lied, with evurythiuK el« on board.
BAinc>VKi.i>, steaumr, from New Orleans for Reral, arrived at Reval
with earico of cotton dama>tH<l by Are. The Hre
nixlit of Dee.
broke out nU'hl of l>oe. 1 and was contained in tha after hold. On
Ueo. 2 nearly ail the earjfo had been dlwbariced, and only 40 or
50 bales wore left In the bold. The tire wa< exiiniculsh 'd bof 're It
had time to spread. The vessel has sustained tin daniaije, lint the
cotton iu the hold at the time is damaged by Are and water, and
vrlll have to l>e s«ild.
Clisto.nia, steamer (Br.), which cleared from Now Orleans Dec. 14, for
Bremen, with cotton, soon after ieavlnif the wharf A. M. of the
15th, eoliidcd with the Vallette dry-dock, damaKinx lt,to the extent
of 820,000. The steamer daniaued one of hor outei- pUtes and is
leaking. She will have to di.irliarge a portion of hor carjfo and
repair, uecesaitatiiig her detention for a week. No daiu:ige to

we give

Belovr

WItl
au'i

pmtt ml mkHk w«M
tbawrwklnflti**"'*' a i^rt i^Mak^fif.
I

lie wMatbsr e.iiitiii.iA,
A si«iaf.r WMseat
•n Bif bilala

pr..

Tbe tone of the

lona.

200

7,20.)

Texas

Tatal..

Bre-

pool. Bavre. men.
2.18 1,145
13,975
3 .',« 17 25,433 5,750

N. Orleans
ObarlnstoQ
Bavaunuli

UA liaaa—j.

Ml iMianl
• ara

1

•

Liver-

KewYork

trmu Uallfas up tn Dm,

of
de-

I

. .

iilp<<v,

envtion
•»

an

-rtar, M. a Tta «
_
aslniu kMtaa. Tw» il—wwi bail bm^ tttj
It. Tbrwbaa4r«4 bM«

ladUa M

ashore at
•h<'li<'o.|

am con<'Hrn«(1, tbwM

»r» the xniiirt export-H rr'pDrl.'l bv teleifrapb, and piihlUliod In
th« Ckuo.niclb l»Ht KriiLty. With re^arj to N«\» Vi-rk. we
iaolude the inanifestit of »ll reMola olaarod ap to Wodnwdajr
nlKbt of thiH week:
nual bait:
Haw TokK— Tn Urenxiol. piT uteanieni Adriatic, T^T ...
Alii-'kii. &!l.5.

728

7

—

0*'ia

1

I

I

TnCSDAT.
Jun.-Feb...6llis»"3a
S^ia^Saa
Feb.-Mar

I
'

.May -June ....
June-July

eVgaWm

July-Aug
Mar.-Apr. ..«*»s'^o"i« July-Aug
.\pr.-.M»y .. Oi3u»''.« April-May
I

0"m

June^iilr
Aug..«ept

«'&i«
B»ija

Tij,

e*T^

7

Apr.-Muy
May-Juoe

OT.

Jane-July.

6^
oil]

ta

WaDNMDAT.
Ang.-Sept
Jan.-Feb

6ll,«
611,,

l>ec.-Jan..

<»«

Jan.-Feb..
War. -A or.

7

1

Feb.-Mar

6Il,s

|

Apr. .Ma^

6\

Feh.-Mi»r

6is,(»n,^

OWia

Jdne-Jiiiy

.Mar -Apr

6t»„

Apr.-May. ....0T»»»1s.j

May -June

6^

Deo.-Jaa

Oaif^

MayJimo

Juiie-July
July-Att*

6«*j»
ei^is

Apr.-May

•»)•

JoiifrJuly

'"M

«!».,

0«»j»
6I»,s
0»'j,

June-July
July-Aug.

JiilyAUK

7

TRDBtOAT.
Deo

6*lji*1>is

Dec.-Jan.

I

Jan.-Feb
Mar.-Apr

«"i« May-Jnne.

6«i»2„

6%»»ij Jan»Jaly.

.6«a»"i, Apr-May

«t»ia

Apr.-May

I

FaiDAT.

e^»l»si Apr.-May

Deo
Deo.-Jaa
Jan.-Feb
Feb.-Mar
Mar.-Apr

-«!ht
.Sl>isa*7t<t
May-June.-...
B»i
6»is«»"B JnoeJuly.... 6*»»*'»i

«>»'»«

»"is July-Auff

S^aMu

_

0»»si

Der.-Jao...
Jan.-Feb...

Mar. Apr
JaB»Jiily

.
.

.

BREADSTUFFS.
FRiOAT. P. M.. December 23. IMl.
the part
market has been exceedingly dull dnrinc
Th*
»al««i
in
important
decUneo
no
wo«k, but thero have beon

The

floor

1

1

:

.

.

..
:

.

THE CJHRONICLE.

?24

bnsinesa done was often at lower pricea, but holders were in
bnt light stock, and, feeling no great pressure to sell, maintained the range of quotations very nearly as in our last. To-

day there was do new feature.
The wheat market was depressed and unsettled for most of
the week under review. Receipts at the West made a better
comparison with last year, and sup^jlies at all points continued
The stringency of the money market continued
large.
to encourage the bears to make fresh attacks upon values, and
there were slight reductions from day to day. But the low rates
of ocean freights (2%d. by steam to Liverpool) prompted shippers to avail themselves of it, and they have taken room to
various ports for fully a million bushels this week. A demand
to cover contracts sprung up at theWest, and was soon responded to here. Shippers became free buyers, and the result of it
all was that yesterday the declines early in the week were nearly recovered. In the statistics of the Treasury Department
subjoined, it will be seen that the exports of wheat from the
United States in November, 1881, were much smaller than in

XXXin.

[Vol.

Comparative shipments of flour and grain from the same
from Dec. 27, 1880, to Deo. 17. 1831, inclusive, for foui

port-s

ye.nrs:

Fionr

bush.

WTieat

Com

1830.
5,328,425

1879.
7,308,815

1878.
6,063 000

68,289,.'i43

30,969.704
4.172,304
3,059,946

77,398.707
81.159,075
21,191.079
5.531,592
4,010,928

70,115.769
78,389,097
21,424.365
5,309,359
3,711,551

231,970,686

192,321,381

179,153,141

1881.
8,391,187

bbla.

47,363.051
108.597,755
32.935,680
4,753,982
2,2»6,759

Cats
Barley

Rye

Total jrraln.... 195.974,227

Bail shipments

]2.).179,1S9

from Western lake and

river ports

for the

weeks ended
1881.
Floor

Wheat

Com

Week

1880.
.Week

1879
Week

1878.

Dec. 17.

Dee. 18.

Dee. 20.

Dee. 21.

bbla.

124,311

215,183

168,360

143,649

bush.

252,121
857.915
310,922
180,903
45,273

209,734
576.250
376.331
127,269
68,014

281,632
645,574
195,007
90.174
45,850

877,495
391.838
184.382
129,635
15,624

Oats
Barley

Rye

Week

Total...
1,617,131
1,437,618 1,261,537
1.599,015
November, 1880. To-day the export demand continued brisk,
Rail and lake shipments from same ports for last four weeks:
but the speculation was easier; No. 2 red winter, $1 42% for
Week
Flour,
WheM,
Corn,
Oxts,
Barley,
Pebruary and ?1 45% for March.
n>je.
endtno—
oots.
bnsft.
bush.
bush.
bush.
bush.
Indian corn showed some depression early in the week, but Deo. 17. ..121.311
232.121
922.913 311,922
130.903 45,li73
10...1Jj,643
2i3,635 1.131.821 363,5.'<6 168,703 31,568
not so much as wheat, and as price.s gave way the speculative Deo.
Dec.
3. ..121,031
303.275 1,322,206 235.993 189,117 59,712
interest increased, and generally there is no new feature to the Nov. 26. ..109,319
316,790 1,127,199
191,410 130.333 40,858
market. To-day the market was firm; No. 2 mixed, 69/^0. for
Tot, 4 wks. 477.857 1.332.811 4.501,1111.134.881 669,063 177.411
January and 71 Mc for February.
4w'ks'80..860,33l 1,230,326 2,503,121 1,697,593 422,921 206,197
Rya has been quiet, but prices remain about steaJy. Barley
Receipts of flour and grain at seaboard ports for the week
has ruled steadier, several boat loada of No. 1 Canada selling at ended Dec. 17;
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye,
$110. Barley malt firm. Buckwheat flour dull.
Athbls.
bush.
bush.
bush.
biish.
bush.
Oats have declined, but at the reduction there were on Wed- Sevr York
78.320 267,032 207,078 122,931 49,300 37,390
Boston
33,11^
47,375 269,100
66,779 18,390
200
nesday and Thursday very active speculations in futures. To- Portland
3,-80
23,.500
63,212
8,300
7.175
8,650
3,226
3,200
500
day the market was quiet No. 2 graded, 48/^c. for mixed and Montreal
Pliiladelpbia. .. 20,173
41,1.30
103,000
46,730 46,300
1,000
and for future delivery, No. 2 mixed 49c. for Baltimore
49/^c. for white
28,113 208.400 280,7()1>
23,000
1,000
New Orleans
13.833
16,000 16=,90S
22,578
February.
;

;

.

.

The following are

Total week... 131,013

closing quotations:

week

Oor.

Flour.
Ho. 2 spring...^ bW. $3

409 3 85 Wheat—

No. 2 -winter
3 808
Winter eupertluB
4 703
Spring superflue
4 25»
Spring wlieat extraa.. 5 OOa

do

XX and XXX...

H

Winter sWpp'K extras.
do XX and XXX.
Patents
.

City sliipping extras.
Soutliem, bakers' and
ramlly -brands
Boutli'u St ip'g extras.

Eye flour, superflne.
Com meal—
Western, Ac
BrniiflTwine. An
Buekw'tflour.lOOlbs.

4 30
5 00
4 7.t
5 35

50® 6

.'.0

00 a 6 50

Wis. &MiEn.ryeiuix.
5

Bprinff

Siniag. No. 2,n6W

Bed winter
Red winter. No, 2

$120 3138
126 3128
27

1

3 9 '4 ff 1 4

-al

Com— West, mixed.

3
3
®
3
3
3

«i6

tiO

West. No. 2

G9!ltS

fi

75

Western yellow..
Western wbite ...

68
72

6

90a

6
5
4

403 7 2.1
White
75® 6 25 Barley—
653 5 00
Canaila No

3

333 3 75
State, 4-rowed
75» 3 85
State, 2-rowod
553 3 90 BuekwUeat

6503-850
7 25

Kyo
Oats— .Mixed

93
47
49

(From *A« " New

7012

At—

43.765
55,056
3,3'0
9,943
2,840
29,830
1,350

Milwaukee
Detroit

Cleveland
Bt. Louis
Peoria...

Wheat

52

107,378,026
102.062,100
23.968,323
6,159,489
5,289,335

Totalgraln.... 223.190.830

296,103,2'Jl

279,773.836

214,835,273

100

101.6'*1.79;J

Exports from Dnited States seaboard ports and from Montreal
for

week

3

85
81 02

87.926.236

113,613.337
103.016,76 1
21,629.369
6,205,733
4,678,162

Bye

t<0

bush.

Data
Barley

From—

enciing Dec. 17, 1831:
Flour,
Wheat,

Prodiux EzcKanqt

Corn,
bush.

WJifal,

Boston
Portland

Weehli/.")

bush.
(60 Ibt.)

(56

199.483
303,609
80.276
42,752
1

1

,675

142.356
5,025

Oalt,

Ibg.)

652,408
16,200
103,503
16,822
31,000
301,020
297,450

bush,
btisn.
(32 lbs.) (48 lbs.) (56 lbs.
443.493 15,102 18 591

9.491

18,031

625

23,300

2,266
8,178

81,753

-Montreal
Ptiiladelphla.

Baltimore
Orleans..

New

Barley,
bush.

49,150 101,365
23.317
9,500

7,366

22,007
3,200

29,41
10,965

12,800
85.351 121,677
126,250 20,350

6.020
13,150

749,852 508.370
699,275 426.818

63.028
64,416

Total for w'k

Same time

'80.

86.031
173,138

1881.
8,357,975

Dec

27, 1880, to Dec. 17,

Do. afloat
Albany

Com

hush.

Data
Barley

53.616,015
128,5 0.351
40,355.784

10977,776

Bye

Buffalo

,.

Jhicaso

Milwaukee

Totalerain.... 237,093,125

286,130.090

247.802,267

225.642 035

VIonr

bbls.

Wheat

Ittuh.

Com

Data
Barley

Bre
TotaSljrala....

1881.
3,439,824

1880.
3,533,720

1879.
3,061,333

1878.
2,713,104

24,192,592
67,656,237

52.158.613

2,581,81?

20.530,013
7,458,366
2,40«,815

59.939.105
39,778,739
13.022,331
7.670,915
2,763,510

51,806,390

14,»02, 1 70
6,986,488

106,322,299

141,772,016

120,176.320

118,466,613

5.1,218,779

39,26-(.529

16.558,042
6,923.160
910,486

20o
484.090
832,175

750,000
1.500
93,000
668.364
350.807
3,802,093 5,867,680
691, X69
3,086
898,909
1,039.177
200,514
6:".0.030

175.000

Louis
Boston
Toronto
Montreal

8(>1.636

Bsltimore
DoAVu Misa'pi.

On rail

bMsh.

5,763,866

701,(i00

Detroit

Kansas City..

Comparative receipts (crop movement) at same ports from
Angust 1 to Dec. 17, inclusive for four years:

690.811
1.708,000

Oswego

Philadelphia
Peoria
Indianapolis..

3,584,199

1,929

15,600

500

14,000

hush.

8t.

Wheat

Peas,
bitsh.

69,250

5,262.424
(est.)

DiUuth
Toledo

1880.
6,803,082

Rye,
biish.

974
16

.493

17,52.'*

3.035

10,716 104,924

1

The Visible supply of grain, comprising the stocks in granary
%t the principal points of aceumulatioa at lake and seaboard
porta, and in transit by rail and water, Dec. 17, 1881, was as
follows:
Wheal,
Oats,
Com,
Barley,
Bye,
In store at—

Total receipts at same ports from
1881, inclusive, for four years

Oats,

bush.

190,311
115,034
65,212

162

Hew York
Total
144.174 785,176 1,418.403
Bama tima '80. 247,1401,608,227 2,219,621

Wia.

Corn,
bush.

bush.

hbls.

562,177
Torlc

40,090
33,106

127.603,890
137,016,218
23.965,216
5,774.391
2,746,516

97

IXiUuth

nonr

307,010 153,600

26,311,431
5.161.907
2,106.437

Com

Receipts of flour and grain .\t Western lake and liver parls
for the week ending Dec. 17, 1881:

Ohlo»(?o
Tele<lo

27:>.537 113.000

Total receipts at same ports from Dec. 27, 1830, to Dec. 17,
1881, inclusive, for four years :
I-Sl.
1880.
1379.
1878.
Plour
bbls.
12,213,390
10,933.233 10,923,817
9.617,167

70
70

al 10
31 15
31 Of)

1

Canada bdglit

Flour,
bb!:
(196 Ib/i.)

017.157 l,0',i0,993
303.599 1,539,032 1,123,480

130 3140

5

20'a>
7;i3>

42

1

White

5

3
3

'80..

Grafti.

39.639

18,200
190.000
784.914
700,708

176.3.35
1 22,394
34o,16l
11,194

344,(1(10

391,611
2,031.672

605,000

51.015
538,674
139,336
142,800
73, 60
910,532
63,000
1,264,000

bush.

786,133
58,000
30.500
10,944
020,118
15.705
42,619
37,930
87.bl'3

101.969
3.523
59,578
60.000
193,234
69,200
42,600
1.000
369,000

bush.

67,374
300,000
176.000
328,444
243,337
240.769

bush.

146.497
214.000
57.000
10,059
373.538
98,777

15,964
23,167

13,911

900,<)00

40.000
86,910
3,035
12.030
35,896

79.264
3,973
211.331
23,463

9,073

156,964
18,300
6,071

196,703

48,873

3,565

18.246.398 17,932.268 2,389.090 2.854.627 1,323,911
18 303.725 18.399,904 2.719,017 3.124.2(i5 1,232,011
18.376.127 18.817.321 2,820,045 3,165.974 1,2,33.216
1 J.3 6.2-i4 20.634,056 2 912,1»6 3,339,027 1,399,000
Nov. 19. '81...
20 6M.3S6 22,407,097 3,271,731 2,914.349 1,236,216
940,916
Dec. 18. '80...
29,;oj -i-ii 16,165,235 3,783,061 3,057,731
The following statement, prepared by the Bureau of Statistics, will show the exports of domestic breadstuffs from the
undermentioned customs districts, during the month of Nov,,
1881, aud for the eleven months ended the same, as compared
with the corresponding months of the previous year
Tot. Dec. 17, 81.
Dec. 10, '81 ..
Deo. 3, '81...
NoT. 28, '81...

:

o

DBCBfUR

THE (>HR0N1(JLK

94, 1861.J

>

725

booked a good many ordan for fotore dallTery.and mor*
aotivlty la likaly to b« developed in tfate eoaoMlkw
eoon

m

m

Jobbers have cloned up the traaaaotlon* of the year. Valoea
are ateadUy maintained on all the moet ataple gooda. and
while
jobber* and clothiers are pretty well sapplled for the pre»f nt.
toeks In first bands are remarkably light, doliverJM on aocoant
of back ordem having for some time past been laige
«ioagh to
prevent any accomuUtion worthy of mention.

Domestic C>tto» Ooodo.—There was a comparatively light
bnsineia in cotton goods, and the main featarea of the
market
are unchanged. Some fair ordew for white goods, piques,

&c were placed with agenU (for future deand considerable aalea of clothing ducks and denims

quilts, ikirtings,

livery),

,

were made to maniafactnrew; bat otherwise the demand for
plain and colored cottons was strictly moderate, buyen having
paused in their operations because of the near approach of the
"stock-taking" period. Prices, however, are firm and without
quotable change. Print cloths were in moderate demand and
steady at 4c. less a small discount for 64ie4 "spots" and
3 7-lO03.^c. for SGiGOs. There was a fair movem.ent in shirting
print*, but other printed calicoes ruled quiet, and cotton dresa

goods were neglected. Staple ginghams met with fair sales, and
some orders were placed for dress ginghams, although agents
are not yet prepared to show their new spring styles.
Domestic VToolem Goods.—There was a steady movement in
spring cassimeres, suitings and worsted coatings in execution of
back orders, but the amount of new business in these fabri •
was strictly moderate. Heavy cassimeres were mostly quiet
but fair sales of both all-wool and cotton-warp makes were

made

in eic-eptional cases.

Stocks of men's-wear woolens (both

and heavy) are very well in hand, and values are firmly
maintained as a rule. Cloakings were generally quiet, and
there was a small business in satinets and Kentucky jeans. For
flannvls and blankets the demand was chiefly of a hand-tomouth chaiacter, and such was the case with worsted dress
goods, shawls, skirts, hosiery and knit underwear. Carpets
were mostly quiet, but firm at the late advance.
FoKEiG.v Dry Goods have ruled very quiet with importers, an
light

usual at this stage of the season, and the jobbing trade was
The auction rooms made no offerings of
special importance, and the sales for the season have been
restricted in volume.

brought

a

to

close.

Importations of Dry Cooda.
The importations of dry goods at this port

for the week
ending Dec. 22, 1S31 and since Jannary 1, and the same facts
for the eorrespoading periods of 1880, are as follows:

»2S??^

5
'Inoliidod In ttie foresolns

New Uuvon,

Milwau-

Barley—

kee,

from Milwaukee
and Willamette, the detal s for Nov.

totals are the reports

Portland, Klcbiuond
1881, being as foUows:

Xew

Fmt-

JtUh-

Haven.

tand.

mond.

riii:;

Willamelie.

S:
E

Busuels

Value

$

Indian cornBushels
Value
9
Indian com meal—
Barrels

Value

$

:

:

:

:

;

:

:

:

•c;

!

:

;

;

;

*•

u

tit

Oslo

I

WM^-M)-'

^ici

I

Cifait-a»o

•^ C;i >-> - c;i
ra c;* --1 ct

3,700
4^(000}

55

0;

1-3

$

......
*•

O CO Cl b3

ecoro^o

Bye—

cceso —

QD *v Cl

c a>

l-s

MMCOOIM

CO to
es

105

$

1

q

775
......

8:
e;

to

Oats—
Bnnbelg
Value

-:

— ^^ O

J- JOQCJSJt'a

ODOtOOCO

5l

1^0*^0010

Buaholii

Value

COM

Wheat-

Vobt

Bushels

Value

817.928
813,185

9

Wheat floor-

11

MI3

"iosi'^loio

(oaoM<^#>.

CO

0D<^fifiCOC0

y M •- ^^

O'fc^MCJ'CO

CDIO

315

Barrels

Value
Total values—
Nov., 1881
Nov., 1880

CoO

$
iji

18,920
152,770

2,250

$
35,000

B,005
3,717

181,703

la'jiosi^to

47.137
270,771

ceo box 00

a>a.

152,770 1,091.259
43,037
212,707

a. 31

*!

»oao

OStO

03i

cdVo
xro

iI

oottcaVjo
ao«c

xta

I

tSXQD
o»»-<i

i; -^

CO to

u^

-.J

0) ts'm

months-

1881

Q1880

S

S38.010
51.051,997

S.'i.l.'JO

910,741 1,619,121

4,599.'Se.'i

62.9.J6 1,180,211 1,603.07!* 2,2ti5,731

s

M

wOCS©-q

to
CO to

THE DRY GOODS TRADE.
P

December 23. 1««1
The dry goods trade has been veiy quiet the past week, but
not more so than is asaally wiMies.sed at this advanced period
of the season. There were very few package bayers in the
market, and the mildness of the weather has had a depressing
effect npon the jobbing trade as reflected in the limited
demand for heavy winter goods. Manafactarers' agents repre
senting such spring fabrics as shirting prmts, white goods,
plain and printed piques, dres-s ginghams, &c., have, however,
Friday,

M.,

tO*>tO*^-Y

CI CD

•tOMCM
CO
etc — COM*

to^

^wtcco'o

SI

c^ ro yi

tQXOOOO

Ik

O
JO

QitO
CDCOC^ti^lO

:15

4^

".^

COM

is

03t)

aoo

'--I

o

|t>U

a

to

I
,

*

-.<

c aw
c
'-z

I- 13 c- ;p
CI
C ct -^l

^

•

b

CO CO — »
03.— JD3
'^l

aDtdsp<si

.11—
OO-I

o

p=i;lt3

10 c» -J cop

it.io'-'sco

i

COi;<

O'CO

X tC
w' O •
yi *^ -^

»J

1

MCtC«-CO»

-i(

ccx'xu'c!
•J- -re:*

*iwcc:=
1

M c ra

t>'

-•

THE CSROmCLK

726
Financial.

Financial.

AMERICAN
NEW YORK,
PHILADELPHIA,
POllTLANO BLOCK, CHICAGO.
3

NASSAU

?

ifc

ST.,

ST.,

Capital Stocli,
$1,000,000
SOUND INVESTMENT SECUHITIES furnished
to Corporate and Private Investors.

CAPITAL FORNISHBL) OK PEOCUBED

for

Railroad Companies havinpr lines under construction, and their Bonds purchased or ncKotiated.
FINANCIAIj NEUOTIATIONS conducted for
States, Counties. Towns and Cities, and for Railroad
Companies and other Corporations.

WILL CONDUCT TUB FINANCIAL RE-ORGANIZATION of Hailroad Compan'es and other
Corporations whose property
Receivers or Trustees.

in the

is

securities.

Interest allowed on deposits.
^Investments carefully attended

&

Members N.

So.

plication.

JOHN C. SHORT, President.
JOHN C. NEW. Vice-President.
WM. P. AVATSOV, Scc'y and Treas.

w. W.

l.i

BROKER
IN ViC'UURKi^'r f>,ti> UKITIES.
CORIlESPOVI>EN'C<';

PR03IPTLY ATTKNIH D TO.

i4.i'roHE;N.
CLDAE STREET,
NEW yORK.

jAmii:.<«

E

F.

&

Wierum,
OlTO

C.

WIERU.M.

WASHINGTON,

CO.,

and sold on commission for cash

R.

assortment

always

in

of

desirable

bonds

No. 25 Nassau Street,
Thirteen Years' Membership in

solicited.

&

Kimball

Co.,
J.
BANKERS AND BROKERS,

hand.

Correspondence

.>e\v

New York

Stock

Exchange.

A. W. Beasley
«e

J.

&

Co.,

STANTON,
DEALER

New York, rhicago

fit St. Limis Subscription,
and
other quotable Construction Stocks.

BASEMENT.

INVKSTOTEIVr & SEC3URITY

ItfiGIS-

69 WE.ST
JOSKPa

THIRD

P. 1.LOTD.

WALL:

40

NEW

8TKEET,

This Exchange

will

O.

McKeaii,
STREBT, NEW YORK.

Buy and sell— on commission— Government, Rail
way and Miscellaneous Securities. Receive deposit*
Bnb j ect to check, and ailow interest on balances.

No.

80""^

1881.

Boardman,

BROADWAY, Rooms

Branch

Office, Troy, N.
Connected by Private Wire.

KEW YORK.

opened on and after
1««1, from 9 A. M. to 4 P. M.
be

HURSD .y, i.ec. 1.
for dealings under the co-oi.erative contract sysin all active >tocki*. Investment «nd Unlisted
Securities, on a niarjfin yf one or more per cent as
agreed upon betwcfn biuers und sellers airect, and
at a reduced expense for biokemge. Contracts for
not less th m 100 shares. Marg.na deposited In
Trust Company.
JO HN L. UubSON. Secretary
tem,

(oLLlj^S.^OUDEpj 3Jej^i^ins,

37

&

38.

Y.,

ALL

securities dealt in at the New York Stock
ExchanKe bau^lit and sold ou commission and oar.
Tied on a fair margin.
INTEREST allowed on credit balances.

WALL. STREET,

NEW YORK.

GAS STOCKS
AND

25fme§T.

Purchage and

»nd

sell

OAS SECURITIES,

-rte-JU^ORK;

on Commission

RAILROAD BONDS

and STOCKS, and

all

NEW YORK

•lasses of Securities dealt in at the
STOCK EXCHANGE, or all reputable Securities
bought and sold In the OPEN MARKET. LOANS

»nd

COMMERCIAL PAPER

negotiated.

ptA on DKPOSITS, subject to check.

and

Intorest

STREET BAILBOAD STOCKS AND BONDS
AND

ALI,

KINDS OF

BROOKLYN SECURITIES
DEAIiT

Fifth Avenue),
Mining Stocks bought
Phila^telpliUi,

New Haven.

Frank

Wilming-

Boston, liridgeport

Beers,

B.

STOCKS,

LiOCAI,

MDNICIPAL BONDS,
«AS $X:CVHITIE!8,
COURT STREET,

IG

31

Brooklyn.
Alex.

8.

PINE STREET
Neir Tork.

Clark

U. B. BACOK

&

Clark

Bacon,

3 Pine Street, New York,
Puyand sell on commission all Securities dealt in
lit the New Yorlc Stock and the New Yorlt Mining
ICxchanKes. Deposits received and interest allowed

on balances.

Wm.

Wm.d. Hatch,
Member N. Y. Steele Sxeb.

B. Kbndali..

IN.

BHa aAS QUOTATIONS IN THIS PAPBS.

WALL

STREET,

BANKERS AND BROKERS.
Refer to Messrs. FiSK

Geouoe Stark.

&

IIATCH.

John

George Stark

&

F.

Stabk.

Co,,

No. 33 NASSAU STREET, NEW YORK.
Buy and sell Investment Securities for cash or on
commission. A specialty made of Western Farm
Mortgages bearing from 7 to 10 per cent interest.
Will undertake the neffotiatlon of loans upon
Western ('ity propprt,v in lar^e or Hmuil amounts.

W.

WlI-I,IAM KOBiSON,

C. Floyj)-.Ionks

Members

oi the K. T. Stock Excliange.

Floyd- Jones

&

Robison,

BANKERS AND BROKERS,

EXCHANGE COURT.

No. 2

Bonds and all Investn^ent Securities
bought and sold [strictly on commission] for cash
Stocks,

or on margin.

flounty,

^^
CUy ifc Town BondH oi We«t. States*

yWiBcon^in Central

St. .lOBCph
fit.

GOVERNMENT

Special I'iinr.er.

(Branch Office, 180
All classes of Railw:4yund

Geo. H. Prentiss,
No. 17

'

No

I.ogan,

TRAVBUS,

No. 31

CINCINNATI,
W. C. MCKKAN

&

Lansdale

O.

Prince & Whitely,
64 BHOADWAV, XK^W YORK,

Member of N. Y. Stock Kxch'ge

Lloyd
34

ST.,

Whitely, H. Cruoer Oaklet
aiaynard c. Eyus.

J D. Prince, Jas^.

& Co.

STOCK BROKER,
(LIMITED.)

INCORPORATED,

i'articular attention paid to orders by mail or tele-

Kraph.

BANKERS AND BROKERS,
74 BROADWAY, NEW YORK,

IN
American Cable Construction Company.
Continental Constiuction and Improvement Co.,
North River Construction Company,
Ohio Centr,fl Subscriptions,
Richmond & We t Pt. Terminal & Whousing Co.
aXl

^

Cecil, Zimmerman

BROADWAr, NEW YORK.
S.

Kimball, a. b.Lounsbkky, F. e. balla&d
Members of N. Y. Stock Exchanse.
NEW YORK
CINCINNATI, O.:
GEO. W. Cecil,
TnnM»a
W. „
P. yoM^SMember N.Y. Stock Ex.
m. wilshikb.
vy.
M. Zimmerman.
:

BROiDWAY, N~W YORK.

BANKERS AND BROKERS,

Yoik.

R.J.

ADDRESS:

No. 80

Sell on Commission, for cash or oa maruH s^ecurities dealt in ut the New York Stock
KxchanKe. Interest allowed on daily b:ilances.

ton. Baltimore, Washir.Kton,

D. C

An

3413.

Walker,

Buy and

A General BankiuK Business Transacted.
Securities bought
or on margin.

&

and sold on Commission.
Private Telegraph Wires to

BRANCH Office:

&

BATEillAN

WAXKEB.

N.

gin.

\V. U.

of the N. Y. Stock Exchange,

W.

.

Rutter

BANKKR AND bKOKER,
Member

N. \ Stock Exchange.

BANKERS AND BROKERS,

Trow bridge,

.

Y. Stock Exchange.

of N. T. Ptock Exchange.

M. Rt^TEK,

Harry

iNVESTMEXT SECURITIES.

BOX

&

No. 72

.

Advances made on approved collateral at the
market rate.
Deposits received subject to check at si*rht.
4 per cent interest allowed on all daily bHittnces.
Orders executed at London, San Francisco, Boston, Philadelphia and Baltiniuro KxchiinRes.
P. S.— My New York Weekly Klnancial Report Is
mailed free of charge on applirntton.

70
P.O.

correspondents

C.

BROAU OR '^7 WALl. STREET,
NEW YORK.

No. 5

Firsi Class Inv stments.
COMJIISalON

purchase and sale of Stocks and Bonds on Margin
or for investment.
Complete Financial Report issued weekly to our

Member of

50 EXCHANGE PLACE,
Brokers in Uailroad Stocks and Bonds,
CH.tS. K. RANllAf.T.,
Memb er N. V. .'^locic Exchnnfee

Practices in the District, Circuit and Supreme
Courts of tlie United States and of tlie Stat*', in
all classes of cas^-t^. Has nn other btisines-, and devotes his personal attention and ail his time exciuRefers to Bank of Moaroe.
ifiveiy to h.s profession.

MEMBERS OF THE N. Y STOCK BXCHANQB.
A strictly commission business conducted in the

Member

NEW YORK.

STREKT,

WAlil,

Randall

and Attorney.

Solicitor

ST.,

CORNELIUS W. OLLIFFK,
Member of N.
„„.„
EDMUND „P. SCHMIUT,

Exohan^e

OOVJEIiXMENTS * FOREIGN EXCHANGE.

Farmer,

MONROE, LOUISIANA.
Conns<lor,

V. Stock

Groesbeck & Schley,
BROKERS,

or

tlieni into interest-paying investments.
Circulars and other information furnished on ap-

Coleman Benedict & Co.
No. 24 BROAD
NEW YORK,
STOCKS ANO BONDS,

Olliffe
Schmidt,
BROADWAY & No. 13 NEW ST.,
STOCKS AND BONDS BOUGHT AND SOLD ON BROKERS
FOR THE PURCHASE ANB
COMMISSION.
SALE OP RAILROAD SECURITIES.
Kbnest Gkoksbeck,
Grant b. schlkt.

Corarais^ion.

convert

to.

Glazier, Kohn
Co.,
BANKERS AND BROKERS,
66 BROADWAY AND 19 NEW STREET,
NEW YORK.

hands of

WILL BUY Oa SELL DBFAULTKD BONDS

1864.

Transact a Keueral banking and brokerage business In Railway Shares and Bonds and Government

WiLL Buy AND SELL I>fVESTMENT SECUR1T1K3 on

Financial.

No. 45 IVall Street

r£:8tal)lishedl854.]

zzzm.

ESTABLISHED

Gwynne & Day,

FINANCE COMP'Y,
434 LIBRAllY

[Vou

Joseph

Kit. Oid

& Western KH.

&

Pacitic

J^ud Qrant BondB.

Stock,

UH. Bonds,

City of St. Joseph. Mo.. Old Bonds.
International Improvement Co. Subsoriptlons.

Brooklyn Klfvateo UK, Securities.
Ameri" un Cnbie Co. t^ubscri -lioi.f*.
Midland Uailmau of N. J. Securities.
Chic;ig"

& Gnmd Trunk KK.

South CurolinK

UH

.Securules.
Securities.

Grand Rapids & Indtuna KK. ^tock.
Cia«i2ii3uti Uichn.ond A Fort Wiiyi:e >*to<Jk,
Bought by WM, K. UTIiKV,
^o. 31 lUNiS

STUKKX^iNBW TORJK

'

H

DaoBau

THE t'HKONlCLb.

J881.J

FlnanclMl.

The Brooklyn
Cor. of

MonUjiu* A

FlnRnrlnl.
WALaruN

Trust Co.

BHUWH.

D.

BANKEHM,
MrMt, New

li ftuthitrltod by ipeclal ohMrtar to
apoolrer..trutloo, ituunllttn, txooutur. orikd<

«

MlaKtnitor,
t^aiui act

•^

ft*

M«nl

MJ*

uf Ui>Teriuiittiit

-'

)>»••
i<t

RAILROAD
Buttrick

rintnlPiit ditiKtsltorT

P. Knife.

Ilrnry Mnnitor, Alox. MoCne.
r ••
vln. A. A. Low.
lis. Ilonry K. Sheldon
i>y, John T. .Murtln,
Kl|)U*y HopuB.

''

B. K. Knowlton.
U.IILPlvrrttp4>nt

4c

Auatto Curbtii.

'S.rlllea.

V

WM

H.^erreturr^.

&

A. H. Brown

St,

Co.,

H.

New

NEW

nf oountrr trnnk^

•I iittenrlon to buNtniMii

I

*'»e

fnrthepaat 10 Y«iirt)

nil

A 8P BCl A

LT Y.

ni»

N. T.

BROAD STllKET, ABW VOBK.
RAILKOAII aRCVHITlBS

Ko. 80

<An tntlmatc knowledfce of

onolaflnnM of

Krooklyn

I>uitters wlahlnif to buy or sell nre
coRiuiunictitc.
State. Municipal and
Honda and Cuuponi tMMiKht and told at be«t

Inrestore or

RAilway
Marker lOtlon.

No.

Twro. v. SANP.
JOnNRlCKKUI.
Majl K. sand. Member N. Y. Stock Bxcli.

&

Brothers

Co.,

21

C.

OF ALL ISSUES.

Railroads In tM.

UOSTO!V,
ni«T>«*

NBtV YORK,

PHILADELPHIA,

BOSTON, MASS.

DKALEH

COMMISSION.

TRUST COBIPANYS* STOCKS.

W.

Gallaiidet

&

BANKERS.
VyiTKD BANK BUILDItfO.
WALL (sTUEET, COK. BKOAUWAT.
STOCKS, BONDS & COMMERCIAL PAPER.

City and other Railroad Stoclisi

Bonds

MISCELLANEOUS SECURITIES.

iSoodtf^

!«t<>ck l!:xckaniie.

Lummis

6c

Day,

UUILDINO.
8THBKTS,

BANKERS,
38 Broadway, cor. Excliause Place. N. Y>
Branch Ofllcc, Vi» La Salle St., Chicaco.'

and

P. O.
D. A.

BOODT,

KCnBEN

I.XI.ANn.

Box

•147.

C. W. McLKLLaN. JB.
F. G. SALTO.N8TAI.I..

Wn

AUCTION

C^ Co.
BANKERS.
WTALI. STREET,

BONOS

O.X

inL:L,l.,ER dc SO!^
No. 7 PINE STREET. NEW YORK.

E.

II.

S.
7

Bailey,

PINE STREET.
DeaJlnss Id

Insurance

No. IS

New

York.

Transact a General Banking Baslness, Inclndliut
the pnrebase and sale of STOCKS and BONDS for
oaab or on margin.

Bay and

lUTeetment Seeurltles.

Sell

P O. BOX

2.847

A . U. KIDDCK. WATIJtHn TIU8K.
W. C HILL.

11. J.

MORS!

Stocks

R. A. Lancaster & Co.,
BANKERS AND BKOKKRS,
66 BROADWAY, NEW VOBK,
RAILKOAI) A MIUCELLANKOIIS SEctjUITlES
Bought and Sold on CommlsslOB.
Virginia Tax-ReceivaitU Counrnt bougfU.

aOVlUHKN

SECURIItli.-i

A SPEVlALli.

LOANS NBUOTIATKD.

IHTUIS8T

AUAWIO

OH UXrOSITS.

DEVONSHIRE STREET.

BOSTON.

New York

&

STATE STREET,

Co.,

ItOSTON.

IN OOVBRNMKNT SECURITIES
State, Cltr, Countr and Railroad Bonds.

DEALERS

&

Stackpole,

DEVONSHIRE

J. P. IVINTRINGnilff,
GAS, I^^SURAJfCK. 15.\NK STOCICS, 4o.
SKCOKITnCS BOtTOHT AT THE AUCTION BALXS.

No. 36

PINE STREET,

NEW

J.

YORK.

D. Probst

&

Co.,

STOCK AND BOND BROKERS
No. M KXCHANOB PLACK, NBW YORK.
Stocks, RaUiBoad Bohdi.

Gomuimirrs Avs

MucBu.A>soDS BxcuuTiia Bevanc

a.vo

old.

STREET,.

BOSTON.
Itaitiiiioro BHiikers.

SethH.&H.B.Whiteley
BANKEItH AND BROKER

No. 27
P. O. Box 313.

t*.

OEKUAN STREET,

B-lLTiraORB.

Deposits received 8abjt>ct to check at alKht. and
iDtarest allowed on daily balAncea.
cctocks. Honda. Ac, bouichi and aold oa commUaio»
in any city. Particular attention ulTen to informat Ion regardlnn lnve»tnient SecurtJaa.

No. r

&

Sons,
BANKERS,
SOUTH STREET,

Robert Garrett

IIIALEIUI IK

PlmC-CIaaa Investment Secaritles.
eOVEKNMKNT BONUS. STATE. CITY, COUNTY

Co.,

BANEEIU'
«tf

A SPECIALTY.
Caah MLkl ftt onoe for the abore SeenrltJeA; or
ihaywin be aold on comataalon, at aeller'a option.

&

,

Chas. A. Sweet

No. 68

WKUNKSUAYS AND SATLUUAYS.

ADRIAN

Tower, Giddings

BANKERS,

At Auction.

STOCKS

BOSTOIf

ALSO,

Parker

BONDS

rbe Undersigiieil hold REGULAR
».\LE8 of lUl clt.A8e8 of

AND

VOKK.

Dealers In municipal. Slate, Railroad an4
United State* Bond*.

TRANSACT A GENERAL BANKING BUSINESS.

WILUAM

STOCKS

THE NEW

STOCK EXCHANGES.

Ck>r.

UCNBT DAT,
LDHHia,
Members of New York 8tock Ezchantfe.

Oir

No. Hi

TIIK I'UltCHASE AM) SAl.K OF
WALL INCLUDING
STOCKS AND BO.NDS FOR CASH OK ON M A It(ilN. BUY AND SKLL INVESTMENT SECURIINTEREST ALLOWED ON DEPOSITS
BANKERS AND HTOCK. BKOKBItM. TIES.
bUUJBCT TO CUBCK AT SIGHT.

No*. 84 and 85 DURXEL
and BUOAD

EMBERS

Orders for Stocks executed In Boston,
atid other markets.

Advances made un business paper and other
eourttiew.

VI

BAN KE Rb

Stocks and Bonds bought and sold on commission
at N. 1.

35 CO.MGRKSS .STICECT,

^o.

i:<

AN1>

Co.,

Co.,

BANKEKS,

NEW YORK,

OAS STOCKS AM> UOXOS,
TELEGRAPH STOCKS,

COMMKRCIAL PAPER NBOOTIATBD.

&

Brewster, Basset

NOYES,

BANKUKS AND BK0KBR8,
New York.
STOCKS AND BONDS BOUGHT AND SOU) OK
54 Wall Street,

CONGRESS STREET AND
2 CONGRESS SQUARE,

No. 7

No.

voH K.

NASSAU STREET,

IN

OOUMISSWS OHDSRS KtBOZZKD IX

NEW STREET,

WM.

iioi.T

GOVERNItlEIVT BO.\DS«

Beers, Jr.,

virw

II

Uuiikcr*.

BANKERS,
AND DBALBHS

Seciirilles, Ciiy IIoud».

I

'.y

Uodon

Gaa Stocks, &c.,

ti>

MUNirirALaa4

Foote & French,

HtiMlh

BOUOIIT AND SOLD.

BANKER AND RROKBR,

INTkHIMT ellewM «i

Prlr jle teli>Enii>h wiraa to Providence and Kostoa

YORK.

ITV RAII.KOAII STOCK.H a

H. Smith,

Fred

BROADWAV,

No. 14S

reaelred and

G. «.TAI.N'i "It

York.

L. Grant,

INTBSTMSNT HKCUKITIKS.

P.

DKPONITB

BONDS, STOCKS and IN VRSTMRNTSKCnRITIKS
BOUUIIT AND dULD (iN COMMI^IUN
C. A. BOTTitu-K, Member of the N.Y. Stuck Each ne
Wm. Bu.imam. .MewiMir of the W.V. Mining WTrh'te

RANKKItS AND BUOKER8,
Wall St., Car. Nt-w, New York.

Sand

Elliman,

SO Wall

WALL

Bu; and sell OOTERNMENT,
RAII.ROAItNinds.

HANKEHN AND RROKBRH,
Noa. ST

10

balances.

'

AI«z.M. White,

liiTltt-<l

THB NkOO.

MKCi/RITIKK.

&

Vlo«-Pr«a*t.

Holt,

NTREBT, NEW TOKK.
THANSACTaURNCKAL BAHKINO l«lla««>

York.

"PBCIAL ATTENTION OIVBN TO
TIATIOM or

iMiNineiia, will

I'll ..f

CUAH. K. MAUVIN.
TIlUHTKKa:

Wm.B. KMdall

1

p«raon»

IIM'I.KY IIDPKH, I'ronldonl

money.

John

Klt(]

Ht)

&

BAWXERS,
Ne.

.»iv''-"U. rcoclTv

-

R«Mtflouii uiul fhtiritit
anaccuAtonierl to the inu
Olid thli (VinipHiir u imfo and

fur

11 rUie

mtlnor miinnic«iii«nt of

tn th<<

MtAte^
Oi *cttllort lilt"rwriatrr nnn tniMNfnr b

Taintor

Walston H. Brown & Bro.

Caintiiniti., Brooklyn, N. T.

ThlaCooiMnr
•el

rinnnrliil.

r»n>. A. »iiowM.

BALTIHOBB.
TUANSACT A GENERAL DOMESTIC AND FOR
SIGN BANKING BUSINESS.

Wilson, Colston

&

Co.,

BANKERS AND BR0KEB8,

BALTinORB.
INVESTMENT

and VIRGINIA SBCinUTIXS a

"'oorrs^Kwdenee eoUclle* and InfomaUoa far.
N. I.'OoBAaaroHDBNTs-MeKlai Brothsn

AC*.

.

:

THE CHRONICLE.
—

QXO,

Thomas

SHOSVAKXR.

Jos. M.

&

Shoemaker,

AlfD STOCK BROKERS,
PHI1.ADEL.PHIA
134 S«nth Third St.,

BANKERS

Dealers In all Issnei of United States Bonds.
I^vestjuent Setnmties a speclaltr. Correspondence
inTlted and full information upon financial Bobjecta
famtsbed.

&

A. P. Turner
BAN

Commercial Cards.

^.^^_

TH0UA8.

C.

Western Bankers.

—

Bankers.

Plilladelptala
"p

[Vou XJLillL

P. F. Kelcher

&

STREET, ST.

305 OlilVB

ESTABLI!;HED ISSS.

Co.,

Supply Ba-iks, Bankers. Stock Brokers and Corporations with complete outfits of Accounts BooiM
and stationery.
New concerns organlzlnjir will hare tholr or-

fW

No. 1 WILLIAH STREET,
(HANOVER SQUARE.)

Co.,

LOAN BROKERS,

Co.,

K£ K S,

Ho. a07 Walnat Place, PHIIiADEL.PHlA,
OOTernment, State, Mnniclpal and Railway Bondt
Vid Stocks bopfrhfc and sold at ail the K.^changes.
iD^estments prudently made tn sound railway seCollections projaptly attended to.
Correspondents carerully repi-eeented at Auctions
and Private Sales. Bonds of good but not wellknown railroads always wanted for investments at
ihe beet rates. Orders on miiTtrins not entertHined.
curities.

KANSA!4 CITY, MIHi^OURI.
WESTERN FARM MORTOAGK8. TIBI.DINO
AND 8 PKB CKNT. A 8PE0IAl.rY.
KeffOtlate School District, Township, ritr
County Bonds. Write for circulars, blanks
references.

113 No Third

&

Co.,

Vad6.P.MILL£B. R.n. WILLIAMS, JNO.W.MIia.EB
CHAS. U. MILLSK.

&

Thos. P. Miller

Co.,

BANKERS,

President.

alabattia.

jviobii^e:,

PENEEL.

Ajid

;

& Schoolcraft,

Campbell

CAPITAL
SURPLUS

(Paid-in)

Mo.

WM.C.CoUHTNBT.Pres. BBSKSTH. PRlNOLK.Caah

BAi\K OF CHARLESTOIV,
S. C.

apICIAL ATTENTION OITEN TO COLLECTIOKS.

MAURY &

STOCK BROKBnS,

aiCIimOND, TIKGINIA,

. B.

BUBBL'BS, i^es

A. E.

t.

WALKZB, tjasuior

Bank,

First National
-nriLMINGTON, N.
CotlectlODB

made on

all

C.

parts of the United States

Am?
Pier (now) 42 North River, foot of Morton St.
Travelers by this line avoid both transit by KnjiRailway and the discomforts of crossinK the
Channel in a small boat.
KRANI'E, Trucielle
Wed., Dec. 88, 11 A. M.
CANADA, FraiiReul
Wed., .Ian. 4, 5 A. M.
ST. GERMAIN, Dclap'aine... Wed., Jan. IS, 4 A. M.
fmcK OF c'A.ssAGE— (including wme,: To ilavre—
cabin,
IIOU
and
tSO
second
cabin, $00 ateerFirst
aee, V2ti, Includini; wine, bedding' and utensiis. Return tickets at very reduced rates. Checks drawn
on Credit Lyonnais of Paris in amounts to suit.

J. B.

MOBTON,

BRANCH,

President.
JOHN
Cash. rRED. R. BCOTT. Vtce-Prcs't.

BRAXCH

&. CO.,
THOSIAS
BANKERS AND COMMISSION MERCHANTS,
KICHMOXD, VIRGINIA,

ing freight and passengers

CaLDKRA

4 Babcklosa.

PBrNTS, DENIMS, TICKS, DUCKS,

sell all kinds of Investment Socurltifs
on commlasiou. Information furulshec.

Orders and correspondence

solicited.

Drillt, Sftteiingt,

HoNAKD MATTnrwa.

Matthews

&

for Export Trade.

E.R.Mudge,Sawyer&Co

Constantinople.
K. B.— No freight taken for Gibraltar.
BEBIAN, Aarcnt,
LOUIS

WasUlugton millg. Cfailcopee TUtB. Co.
Barliugton Woolen Co.,
EUerton MewJlllls,

AGENTS FOR

D£

Atlantic Cotton niU«,
Saratoga Vlctorv mfe. Co.. Ocean itllllii.

No. H Bowlinn Green.

Peabody

Commercial Cards
Works at Orticnt,

L.

and

I.,

•

RICHMOND, VA.

&

Eureka"
•

From Various

43

Virginia

Fertilizing Co.

Whiting Paper Co.,
HOL,VOKE,

"ORn:NT COMPLETE MANCKE,"
CRENSIIATT, PresH,
Riclimondt Va.

N. Y. Stock B.\ch.

Whitaker,

BIASS.

Bnekcrs* Lcdffcr and Record Papers,
niaohtne IIand-3Iado Papers.
AiilUue Patchineut Papers.
Plated Papers.
Bond Papers.

I

And want a (rood workinc n^ent In every thrivins
cotton, tobacco, Rrain and truck growing county.
Ap^ly (with reference) to
CKBN'SHAAV WABEHOUSE,

Mills.

BOSTON,
NEW YORK,
15 chacmckt Strict
A 45 WHiiK Street,
PHILADELPHIA.
J. W DAYTON. 24f. CaHMTKFT 8TRKHT.

OFFER THEIR STANDARD BRANDS
AMIIONULTED BONE SUPRREIIOSI'IIATE OV LDIB

iTliUs,

AND

Hosiery and Knit Vndemrear

UBIENT.

The Atlantic

Baiikcrti.
Ei>WAnns Wbitakeb,

Member

cfe.,

cabin. fT5 and *yO: for Rarcelona and Marseilles—First cabin, $S() and $100. StceniKe, $32.
Throu(;li bills of ladinjr Issued to Mediterranean
Ports, includluK Rarcelona, Algeria, Tunis, Genoa,
LcRhorn, Naples, Messina; also, for Trieste and

^V. G.

Western

&0.

Towel*. Qnllta, White Gooda and Hoatery.

first

AUGUSTA, GEORGIA.
Buy and
•titrixht or

KHIRTIN««I

AND SHEETINGS,

solicited.

H4RRIS & RIIIIVD,
STOCK AND BOND BROKERS,

Fabyan,

BROWN AND BLEACHED

About Jan. 15
Cadli and Gibraliar—

RATES OF PASSAGE— For

&

Bliss

New Tork, Boston, Fhiladelpliia,
SELLING AGENTS FOR LEADING BRANDS

The following: steamers will leave New York direct
for Cadiz, Gibraltar, Rarcelona and Marseilles, tak-

lnfnrm:ttlon on all cbtsses of Southern Securities
Corespecially Stale Bonds, Tax Coupons, Ac.

lespondence

Wright,

:

TotrcniNG AT Cadiz, GiBUALTAK

eoUcctlons made on all Bouthern points on best
tervs prompt returns.
P.

miLTV'ARD'S IIEIilX NEEOLEa
400 BROADWAY, NEW YORK

From

IiEeechants' national bank,
RICHMOND, TIBGINIA.
;

Bro.,

O. N. T. Spool Cotton

FOB MARSEILLE!*,

Buy an4 sell Government. State, Municipal and
Kailread Uonds and Stocks, itc. Virpinia State TaxRecelvablo Cuupons bought and sold. All orders
aroniptiy attended toKew Yor k Corr espondent. VERMILYB A C0._

&

Only Direct Line to France.

;

Co7,

f«treot.

George A. Clark

8rs,oao

.

Daane

iish

NATIONAL Bankino Association,

IS.

No. 100

GENEilAL TRANSATLANTIC CO.
BETWEEN NEW YORK AND U.WBE.

RICHMOND, VA.

R.

DNKISD STATES BUNTING COMPANY.
A foil jnpply, aU Widths and Colors, always in stock.

Caahicr.

Sicaiiisltipv^

NORTH TENTH STREKT,

CHABLESTON,

-

STRIPES."

!i.J,000
Prompt, attention Klven to ail business In our lino
N. Y. COUKESPONUK.VTS— Donneii, Lawsou A Co.,
and the Metropolitan National Bunk.

STOCK BROKERS,
6

-

"AWNING

Also. Agents

LITTLK ROOK, ARK.

payment

kinds of

••

BAGS,

WALK

^C.T.

(Incorporated 1876.)

all

CANVAS, FELTING DUCK, CAB
COVERIN(J, BAGOtNG. RAVENS DDCK, SAIL
TWINES, Ac., ONTARIO " SEAMLESS,

German Bank,

Special attention paid tocolloctions.w'th prompt
romittnncea at current rates oi excuajigu onauyof

CorrcB pond ont B. —Germ an -Amert can Bank New
Terfi: Louisiana National BanU, New Orl<>ana Bank
at l^iTcrpool. LIverDool.

5

STATK BANK,

In

COTTON

Western and Southwestern Municipal and Railroad
Bonds or Stocks.
Defaulted bonds a specialty. Choice Investment
securities nlwaya for sale. Write to us before you
buy or sell any lUiuolK. MiSROuri or Kansas bonds.
C. F.

Co.,

COTTON SAILDUCK

Street, St. Louis, Mo.,

DEALERS IN

Suutlicru Baiikcr!!t.

Turner

Brinckerhoif,

and
and

Uanufactorers and Dealers

&

John V. Hogan

Cole,

STATIONBRB AND PRINTEB3.

ders promptly ezecated.

&

Conklin

Jarvis,

&

Sears

I^OUIS, mo.

Western Invest-ment Beonrlttei for
sale. St. IjOuIi City and States of Missouri, Kansaa
Texas. Arkansas and Colorado Bond« a specialtv*
Pali Information ftiven In reference to same on &i>llcatlon. Coupons and dividends oollected.
Pfrst-cIaM

AGENTS

JAIUES D. WHimORE & CO.,
4a BEFKMAN 8TRKET. NKW YORK.'
rp B. STEWART & CO. MAKERS OF FINE
1

Wood

^.untels, Mirrura,
Street.

1

lookcases,

Ac, No. 70

West Twenty- I'bird

ST. LOUIS, MO.,

insurance,

BROKERS AND DEALERS IN

&

City, Conuty and RR. Bonds
Stocks^
Orders receive prompt and personul .ittention.
Corri:»pondent8, AlesRrs. Majcwel L^ Graves. Now

^ate,

Turk City, and Messrij. Blako
York and Boston.

A. Prescott

Brotoft's

&

&,

Co.,

New

iu\

Co.,

BANKERS,
Cnpital,

'

TOPEKA, KANSAS.

prompt

Bank

1

and Am other styles may be had o/all deaiva

5

I

I

throxighout the uorld,

Joseph Gillott & Sons.

at-

CoRttKSPOxnENTS.— Boston, National Bank of
North America; New York, American Kxchange
National IJank and Ninth National I'anl:; ChloaKO,
Preston, Kean & Co.i St. I-ouls, Third National
Bank Kansas City, Rank of Kansas City and Merchants' National

S03-4O4- 70-S6 -332,
I

OKNBRAL BANKI.NG BUSINESS TRANb ACTED.

;

PABIS, 1878.

Si8 Celebrated number s,

$60,000

Mnniclpal Bonds and MortjrORe Loans Negotiated.
XiRht per cent Karm MortgaKCS a spe-^ialty. A
Collections and correspondence recoire
tention.

Wm$*

GOLD MEDAL,

New Tork.

MimiAiim
IISUIMCE COMFlIff

_
OF NEW YORK.
"F-S-WmSTON. PRESIDENT
/SSUESEVERK DESCRIPTION OF

LlfEAMDEHBOWMENTFOim

W. HARTER, ATTORNK Y.Canton, ON TERMS AS FAVORABLFT AS THOSE
HENRY
Ohio, conducts
classes of cases against IndivOFANY OTHER COMPANY
-,

all

iduals, railroads and otiier corporations in both Plate
<nd U. H. ('ourts. Refers to C. Aultman, Canton O.
l3:iac

Ilarter & Sous, Canton, O.; Knuntze Bros,
i2x-Cbief Justice Agnew, Ucaver, Pa.

New York;

ORGANIZED APRILI4J'!I84Z
CASmSSETS OYER $ 82.0 0.0

.

-^

:

M,

:

IHE

1881.J

CUHOI^llJLli.
niarmnec

Iiiaanui«e.

Cmuiom,

HO M E

OFFICE OF THS

Insurance

Fielding,

Company

UQ BROADWAY.

OFFICE,

•il-annaal

|rinr-81ztli

AKD

fltatamaat,

aaowiNo^i

Mutual Insurance
YORK, January

Co.,

The Truatecs, In conformity to the Charter of
the Oompany, aubmlt the following Btatenieot
of lU aflklia on the Slat December, 1880

$4,282,675 04

1880

Premluwaon PoUolaa not marked
off lat

1,495,047 23

Janoar/, 1860

Total Marine Premluma

$5,728,622 27

....

Premlunia marked off from lat
January, 1880 to Slat I>eoember,

$4,141,087 80

1880

penoa

CHA8.

niAKTIN,

J.

WAMHBUHN,

H.

J.

PuaoaAaa cult oa Oaoiaa. »oa A

Jno. C.

Premluma and

of

$873,113 96

penaea

Mutual Insurance

337,977 37

CashlnBank

AJIS

18 WllliaB ^Mr•t>t, Haw Terk.
BICURITim BOUGHT AND
tUUD rOR A COMIIIMBION.

UnmTMKNT

Amount

$12,608,356 71

BIX PER CENT INTEREST on

after Tuesday, the Flrat of February next.

THE OUTSTANDraa CERTIFICATES

of

the issue of 1876 will be redeemed and paid to
the holders thereof, or their legal repreeentatlvee, on and after Tuesday, the First of February next, from which date all interest thereon
will ceaee. Tlie certificates to be produced at
the time of payment and canceled.

A DIVIDEND OF FORTY PER CENT

is

declared on the net earned premiums of the
Company, for the year ending Slat December,
1830, for which certlticates will be Issued ou
and after Tuesday, the Third of May uext

By order of the Board,
J.

H.

CHAPMAN,

etrcrMarr.

Earned premiums of the year.

TKUHTEEHi
Horace Oray,
Edmund W. Corllea,
John Elliott,
Alexander V. Blake,

Bobc

James Low,
David Lane,
Gordon W. Bumham

B. Miutiim,
Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,

A. A. Raven,

Robert L. Stuart,

Wm.

Adolpb Lemoyne.

James O. De Forest,
Samuel Willetts,

Be4ianiin H.
Joslab O. Low
WUllaiu E. Dodge,
Royal Phelps,

Charles D. Lererich,
W'lUam Bryce,
M ililam H. Fogg,
Peter V. King.

Thomas

Thomas

Sturgis,
Fli'Ul,

F. Younga,

Hand,

John D. Hewlett,
William H. Webb,
Charles P. Burdctt,
J.

D.

JONES,

B. CoddingtOB

Horace K. Thurber,
William Degroot,

$144,766 10

. .

$1,032,010 05

$614,846 94

Re-lnsnrance and return prem-

_^^

James F. Wenman & Co.,
COTTON BROKBHfe,
No. 146 Pearl Street, near Wall,
BaUblUhed

(In

II.

T.

Tontine BnUdlns) 1840.

B. w. Faslkt, Robcbt w. Goiaaic, J. H. rAmi,ar
Y.

Cotton Bxch'ge.

of OoIaan,Colt
St. Looia.

Farley

A Co., MemberN.Y.

Mo.

&

Cotton

Co.,

COTTON COMMISSION MERCHANTS
No. 133 PEARL 8TBEBT,
NEW YORK.
P. O. Box 3900.

$249,915 99

limis

and sale of O01l»

Bpeclal attention to pnrcbaae

TRACTS FOR FUTURB DKLIYBRY OF COTTOa*

ASSETS
Slst December, 1880.
$03,279 63
Cash in banks
280,031 25
United States stock

78,142 00
350,029 19

Stocks of Corporations
Realestate
Subscription notes, bills receivable and uncollected premluma
Suapcnae account and accrued

day

By

March uext.

119 Pearl street.

Henry DeB. Houth.
K. II. K. I.ymun,
U. Kunbardt.

Henry

Uutib Auebincloaa,
I,]iwrence Wella,
William Poblmann,
Fruncia O. Brown,
Alex'r Hamilton.
Constant In Menelaa,

(;OTTON BROIil^RS,

Carl L. It' cknajiel.
Carl Vletor.
Itajnaay Cmoka,
Arthur B. Orsvea,
U. L. Cbaa. Renanid,

OeorKe

Chaa. K.

Wm.8.

Wllaon.

Ouatav Hobwab.
Oeonfie H. Moraan.

F.
88

NB1» YORK.

Hoffmann,

COTTON BROKER AND AGBNT,
HUB DB LA BOVRSB, HATB&

Geo. Brennecke

Cotton.

roTDBk Contracts a

Waldron & Tainter,
GENBRAL COTTON nKKCHANTS,
NEW YORK.
ir.

Cotton Kxehia

Co.,
Cork.

8paciAi.TT.

THE BROWN
Cotton Gin Company,
NBW

President.

Sl'REEl',
"Futnra " ordara exaoataa st N.

New

No. 110 Pearl Street,

Prealdi-ni.

&

COTTON BROKERS,

Francla B. Arnold.
8. 8>ott.

ALFRED OGDEN, VIce-Prrsldenl.
CIIAKLEM IRVIN(i, 8ecri-iary.
ANTON METZ. Aaa'l Hccreinrv.

PEARL

BBAVBU STKBBT,

Zlmmormano

Theodore Kachlrl,
C. L. K. MoBO.

EUGENE DUTILH,

97

S3

Walter WHUim,
Brnpato (J. KnbbrI,

Lewta Morrta,

¥ork.

WALTER & KROHN,

Alex. M. Lawrenoe,
John I>. DIx,
(^liHrlCH Munzlnfter,

Henry B. Sprajcue,
John Welab, Jr..

New

Ordera for Spot Cotton and Fntarea promptly aaa.
onted

CHARLES (RVINO, Secretary.

TRVSTEESi

Co.,

COTTON BROKERS,

order of the Board,

(leorxe Mosle,

&

Dennis Perkins

$1,202,612 42
this

Raolvttl, Tliat six per cent Interest on the
outstanding Certificates of Profit be paid to the
holders tbercof, or their legal representative*,
lat

Co.,

Orders In " Fntnrea" exeevtsd at N.Y.CottoB

14,682 58

Total amount of assets
The Board of Trustees have

&

H. Tileston

COTTON, STOCKS, BONDS, *•.
8S WILUAM 8TRBET, NKW YORK.

386,597 78

luterest

Henry Coliina,
JohnL. RIker.

CHARLES DENNIS, Vlce-Piesldent.
W. H. H. MOOKE, 2d Vice-President
A. A. BAT£N. 3d Vioa-Pnudant.

LA.

Special attention paid to tbe execntloa of orders
for the purchase or aala of coDiracta for fntnra
deltvery of cotton In tbla market. New York aB4
Li verpool.

Member N.

1,041,762 63

Losses and expenses

on or after

J. D. Jones,
Charles Dennis,
W. H. H. Moore,
Lewia Curtis,
Charles H. Russell,

NEW ORLEANM,

Co.,

$1,186,527 73

the outatand-

oertitloatea of i>rollte will be paid to the holders
thereof, or their legal repreaentatlrea, on and

Wisdom,

TTON

COMMISSION MERCHANTS,

published in conformity with the provisions of
its Charter
Premluma unearned 31 st Decem-

Total premluma

&

« O

New York, January 27, 1881.
The following statement of the affairs of this
Company on the 31st day of December, 1880, is

ber, 1879
Net premiums received during
the yearendingSlstDec, 1880

Co.,

WATBHS A OOJ

COTTON COMMISSION MERCHANTS

Gardes

aaaets, tIx.:

$8,983,558 00
other Stooka
Loana aecured by Btooka and
1,187,900 00
otherwlae
Beal Eatate and Clalma due the
470,000 00
Company, entlmated at
Premium Notoa and BUla Re1,628,921 34
ceivable

<

BA H K BK

TBS

ORIENT

ex-

CO.,

&

Graham

Cseaeaaara to R. M.

$2,071,238 98

The Company Uaa the following
United StHtes and State of Mew
Tork Stock, aty. Bank and

O. A.

l«.Me,OMn
Frealdent.
Secretary.

Total

OFFICB OF

Betnme

H. C-I.IMBV
COTTON BUTER8,
HONTUOMKRY, ALA.

nvninARY of amkts
In lbs

*

JOHN

$6,866,030 83

United 8lat«ii, >TBllsbls for ths PAYof I.(>!<HK8 bT KIKK and fur the proteetlun of <>llcr-l«(idera«r KIKH INSIJUANCK:
»lB8,a77 14
Caib In Bitnka
BuutlH and tuurtiiiMioa, belnir flrat lieu on
real satato (wurth fS,«8n,BMI)
l,7IB,eM 00
1,010.100 00
IJnIted StstsaatockaliuarkatTsloa)
Bank A HH. atockn'* Ma. (market Talue) W0,B17 00
lilSI,7l)0 00
Slate and municipal b'da (market valDe)
I.o«na on atooka, payable on demand
(market Talueofcollater'la,|S.4S0,784) ifiM.aOO 00
I8HI
Ba.W« 11
Intereat due on lat July,
Premluma uoooll'ot'd A In li'nda of acta. IISJMM 17
01,815 40
Heal eatate

Held

mnr yobs

roar BtnutiK*.

1,758,037 08

Cash AaseU

during the same

Iioaaee paid

C0MMIB8I0N UBBOHAlfTB
1« * IS Brnkaac* P1«m,

310,724 29

MENT

Premliuna on Marine Rlaka from
lat Jttuunry, 1880, to Slat Beoeniber.

OONVITION or TUB COM) ANT ON TUB ntUTt
DAY Ulr JULY, IMl.
CASH CAPITAI
$3,000,000 00
Reserve tor Unearned Premluma 1,H96,878 00
Reserve for Unpaid Lgaae*
Net Surplus

20, 1881.

Gwynn & Co.

ooTTon FAnroaa

OP NRW VOHK,

ATLANTIC
NEW

ftt

LONDON, CONN.,

MANrrACTCRUUI or TBI CXI.HBRAT>U

Broirn C«tt«n Gins, 61n Feoden an4

CondenMn.
COTTON U1N8 FOR fcXPOBT.

THE CHHONKJLE.

Tfil

Cotton.

Cotton.

Woodward &

Stillman,

POST BUILDING,
Oor, Exctaance Place,

INMAN,SWANN&Co
COTTON MERCHANTS,

New

JOHN

HOHOR8T,

B.

BABBITT

C. F. Hohorst & Co.,
COTTON
COMMISSION MERCHANTS
PEARIi STREET,

Na. 125

Neiv York.
Beoeive Consignments of Ck>tton and other produce
Special attention given to orders for the purchase

&

E. S. Jemison

Co.,

BANKERS

H. Kofi

New York.

& Co.,
GENERAL
oominissioN merchants,
Henry Hentz

New

St.,

York.

Advances made on Consignments to

neaars. JAMES FINLAY & CO.,
LIVERPOOL, LONDON AND GLASGOW.
nieMr*. FINI.AY,

niUIR

dc

J.

Buck A

New Orleans through Messrs.

Ck).

&

P. Billups

Co.,

COTTON
COMMISSION MERCHANTS,
Noa. 16

dc

NEW

Special attention given to the Purchase and Sale
Of Contracts for future delivery of Cotton.

Wl(.MOHB. H.W.HANlUIANir. CLEMENS FISCHEB

Mohr, Hanemann & Co.,
123

PEARL

New

ST.

York.

186

GRAVIER

New Orleans,

ST.,

AND COMMISSION MEKCHA.NT8

Special attention given to the execution of

Ware

&

ORDERS FOE FUTURE CONTRACTS.

B. F.BABCOCK&CO.
COMMISSION MERCHANTS,
17 Water Street, lilVERPOOL,
Receive consignments of Cotton and other Produce,

and execute orders at the Kxchunges in Liverpool,
Bepresented in New VorK at the omce of

Geo. Copeland

CO.,

&

COTTON COMMISSION MERCHANTS
111 Pearl Street,

New

JETNA
Insurance

&

Co.

Assets January

Ewen

and

NET 8UEPLU8
No. 2 Cortlandt

COTTON BROKERS,
Nos. 31 Sc

33 Broad

Street,

North
&

New Orleans,

ft

CO.,

,

Montgomery, Ala.

LEHMAN BRO'S,
Cotton AND Factors
OOmiaiSSION inEROHANTS,
40 EXCHANGK PLACE,
Orders executed at the Cotton Ezcbesges In New
York and Liverpool and advances made on Cotton
and other produce consigned to us, or to our correspondents in Liverpool, Messrs. B. Newgass A Co.

and Messrs. L. Rosenheim

ft

Sons.

York.

Asent.

British
Co.

Ins.

OF

LONDON AND EDINBUROB.
United States Board of Management,
:

SOLON HUMPHREYS, Ch'r'n,(B. D.Morgan A Oo
DAVID DOWS, Esq. (David Dows * Co^
B. P.

Hon.

FABBRI, Esq.

(Orexel,

Morgan

CHITTENDEN.

8. B.

& Co.)

EZRA WHITE,
J. J.

ASTOK,

Esq.
Esq.

CHA8. E. WHITE, SAM. P. BLA6D£^,
Office

MANAOEKS,
£4 W^Uliam St., Neur York.

Lyontfnercial

Union

Ins.

L^o.

(OF LONDON),

Robert Tannahill& Co.,

ALFRED

NEW YORK.

Special attention given to the purchase and sale of
Future Contracts.

&

39 Wall

Wire Rope.
HOISTING

Co.,

CHAR(X)AIi

Galvanized

CiiHrc^al

and

BB for Ships' Ui>;t£>n»f, Suspension UridKe», Derrick
Guys, Kerry Kopea. &c. A
larne stock constantly on
hand from which any desired leuKths
are cut-

FLAT STEKL AND IKON
ROl'KS lor Mlnlnn purposes manufactured to or-

inASOIV tc CO.,
JOHN
4S Broadivar, New Vork.
\V.

MERIDIAN, MISS.

AND

PURPOSES,

Inclined Planes. Transmission of Power, Ac. Also,

Co.,

COTTON BUYERS.
MOBILE, ALA.

AND

of Buperier quality
suitable for MINING

COTTON COMMISSION MERCHANTS,
97 Pearl St., New York.

&

Street

IRON

NOBFOLK, VA.

Hyman &

Sr

tSTBEL

HYMANS & DANCY,

Dancy,

PELL,
Rtsident Manager,

Cotton Commission Mercliants,

Co., Hughes, Carter

PEARL SIREET, NEW YORK.

New

NEW YORK

Lbumax DUBB & Co

La.

$2,729,2T1 92
St.,

Mercantile

NEW YORK.
LXHXAN, AEBAHAU

1,694,80180
3,000,000 00

ALEXANDER,

JAS. A.

JOHN M. EWIN.

Brothers,

$7,424,073 72

1881

Capital

COTTON BROKERS,
PEARL, STREET.
JB.

1,

for unpaid losses
re-lnsurauce fund

Liabilities

No. 114

WABBBN KWEN,

Company

OF HARTFORD.

York.

iffnments.

Philadelphia.

St.,

MUccllaneous.

Special attention ^iven to the purchase and sale
of contracts for future delivery.

COTTOIS BROKERS,

136

lai Cfcentnnt

OR-

Schroeder,

Cotton Exchange Building,

BABCOCK BROTHERS &
W Wall Stkkzt.

COTTON FACTORS

DERS FOR FUTURE DELIVERY OF COTTON
AND PRODUCE.
HBNBT U. WABK.
GILLLAT SCHBOBDnt

La.

ePECiAL Attention Given to the Kxecdtion

OF

Special attentton Kiven to the exeoatlon of orders
for the purchase or sale of Contracts for Futtira
delivery.

Ne«r York.

YORK'

PEARI. STREET,
NEW YORK.

And General Commission Merchants,
89 PEARL ST., NEW YORK.

18 Ezchauee Place,

rOST BUILDING,

Bennet & Foulke,
conmssioK merchaivts,

Geo.H.McFadden & Bro

CO.,

CALCUTTA AND BOMBAY.
CONTRACTS FOR FUTURE DELIVERY COTTON bouKht and sold on commission in New York

NEW YORK.

2343.

COTTON FACTORS

Also execute orders for Merchandise through

II.

Blount,

William H. Beede

MdODY & JEMISON, GalTeston, Texan.

IBamuel

&

Hinson

Uverr of cotton. Liberal hdvancea made on oon-

No. 10 Old Slip,

and Liverpool: also at

r-

Special attention paid to the execution of orders

COTTON COMMISSION MERCHANTS

South 'Wmiam

.,,

'

for the purchase or sale of oontracts for future de-

AN

8

A. R. BLOUNT.
>iiS™duce Exoh'ge.

Htvsok.

IdBBRAL ADVANCES MADE.
and sale of Contracts for Future Delivery of.Cotton.

Box

121

W

Member cc'*'"
1..

PEARL STREET, NEW YORK.

Advances made on consignments of Cotton, Grain
and other Produce.
Buy and sell contracts for future delivery of
Grain and Provisions.
CraAS. r.

P. O.

SOUTHERN SECURITIES.
T

Exchange Place.

18

ORDERS IN FUTURE OONTBAOTS
EXECUTED IN NEW YORK AND LIVERPOOL

York.

LOANS MADE ON

COMMISSION MERCHANTS,
NO. »T

&

16

EXCHANGE BUILDING, COTTON, STOCKS ASB BOIVDS.

-Uberal advances made on 0>nslKnmentB.

Pendleton,

Murphy,

(Post Bcildino.)

NEW YORK.
COTTON
MEECH ANTS
AL
COMMISSION
SENEB
LOANS mABE ON ACCEPTABLE
SECURITY.

&

Q. Uitspht.

8.

&

Woods

Hanover Si, Beaver Hta.

Special attention paid to the execution of orders
for the purchase er sale of contracts for future
delivery of cotton.

24, 1881.

Cotton.
Wm. Hznbt Woods.

[Rbab or c^usToM House],

Rogers

IDbcbhbbh