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HUNT'S MEKCHANT8' MAGAZINE,
BEPRESENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES

VOL

NEW

43.

YORK, DECEMBER
^inaujciat

^itiatijcial.
^

IgitiaticiaT.

AMERICAN
YORK.

DIAMONDS.
Alfred H. Smith

fclPlllllil

Un (f SUU tl Ira iMt, ISU.

•^•r

WXAMra, *«,

la

nMM

Mk ncui; unwouM u

tonrmamaa,

rmxiisiT

^mdai Mian wmmiibtlMr*4 %%dm^ftlj Ur

^mt *r ito rijjiij
SAFETY PAPERS.
Wvk ExMirtW la FInvroor nalldlasa.

GORHAM MTg
Broadway and Nineteenth

rrpe

AND

9

Co.,
Street,

UATDEN LANE.

miNVMe.

Vl'E-l-KfcSIDKNTS

Floyd- Jones

Maverick. National
BOSTON, HASS.
•(JHPI.US,

-

-

•

-

-

Bank

BANKERS AND BBOKEBS,
No. S Excbance Court, New Tork.
Btook*. Bonds and D. B. Oovemment Secnrltle*
Bonght and Sold on Commission.
WlLUAH BOBISOH
WM. C. FL0TD.J0NC8,
Members New York Stock Exchange.

9400,000
9400,000

•
•

J.

Kohn &

A.

Co.,

BANKERS AND BROKERS,

BROAD

Oar faalUtla* for COLLBCTIONS are excellent
aad wa ra.dlMoaat for bank* wiiaa balanoea war-

ST., N. Y.
(MIIX8 BcXLDDro), 19
Members of the New York Stock Exchange.
Exeoate orders on oommlssioQ for Bonds, Stocks
aod ForelffD Exchancea
Dealers in flrst-class Investineut Secoritles,

laatlL
Boatoa

italists,

Awniiiiti of Bank!, Bankara aod Corporation*

U a rwarra eltr. aad balanoea wltk u from

S.

Wa dfaa ow

Bi Boad* boos bt and *old. and exchanges
to WMklncton made for banks without extra charge.
W* hare a market fur prime flrsUKSlass Inrestment
laanilim. aad inrlta proposal* from States, CoonUa* aad aua*. whaa Isaolas bond*.
Wa do a (aaacBl M"""> bu*lne**, and InTlte cor.

Paul Schwa rz.

M. B0BEUT8.

own azchan^ on London aad the

Roberts

&

Schwarz,

placing of

JOS.

P.

POTTEB,

W. WOBK,

TIMKER
BAinUBS AND BBOKEBS,
H*. S XOHANOB GODBT,
* WESTOBT,

Haw

York.

a TnrsBB. Maabar

M. T. Btoek Kxeh.

.urianjini Wiwrojr

mortgage bonda of

railroads,

water

works, gas works and other first-class corporations.

William T. Meredith,
48 irAI.1. STBEET,
(Bank of New York BuUdlng).

Bonds and Stocks bought and sold at the New
Tork Stock Exchange.

BONDS AND INVESTMENT BECUBITIB3 FOB
SALB
L. C. liATHBOP.

OscAB B. Smith.

&

B. Rollins

Co.,

BANKERS

ISWAIili and

3

NASSAU SXBEET8,

NEIV VOBK.
Tranaact a General Banking Bualneaa.
DEAI.BR3 IN GOTERNMEMT, MUNICIPAL AND

RAILROAD SECURITIES.

DEMAND DEPOSIT ACCOUNTS RBCEIVia).
INTEREST ALLOWED ON DAILY BALANCES

E. L.

Oppenheim
[ESTABUSHSC

& Co.,

1862],

BANKERS AND BROKERS,
61

& 63 New

Edward

L.

Street and 42 Broadway.

OrricE, 91

Lsonard

Stbeiet.

Walter Del. Mar

Oppenheim.

&

Co.,

BANK£BS AND BBOKEBS,
17

NASSAU STBEET,

NEW TOBK.

MALCOLM CAMPBgLL. Member of N. 'I Stock Blxch.
H. CBUOBB OABXIT,
JAMBS WHITILT,
MATNABD C. IDTBa,
Hbnbt H. Dodo I, Wuhlngton, D. O.
.

J,

H.Oliphant.

Lathrop, Smith & Oliphant,
STOCK BBOKER.
BANKERS AND BROKERS,
Lansdale Boardman,
3T BROAD ST., NKW YORK,
6 PACIFIC AVE., CHICAGO.
HBW TOBK, 80 BBOADWAT A S NEW ST.
Members New York Stock Exchange, New Yock
T«0», 5. I., »». " ^"«8T BTBKKT.
nabenblpi prlTaUwUai lU.tutUiM,

Inquiries gratultoosly reesoil Jlted

Alexander Campbell

Prcsldeat.

C»ahler.

AU

a specialt7 of the baring, selling and

first

Street*.

Broadwat.)

Correspondence

to.

H.

UVTESTatEBTT SECURITIES.

We solicit correspondence.

ASA

ponded

Bbakch

(miliLS BVILBING,)

We make

290

Member of the New York Stock Eixcbange. Dl
of Merchants' Exchange National Bank,
American Savings Bank, American Safe Deposit
Company, ftc, Ac
Securities bought and sold on commission, for

Particular attention given to Investments for CapTrust Funds and Institutions.

(noi locatad In otbar reaenre oltlei) count a* a

Oootlnant. aad make Ckbia transfer* and plaoe
rkr lal«iapl> throocboat the United State*

(Brakch OFFICB,

cash or on margin.

Robison,

:

A. 0. SHEPARD,
TOURO ROBERTSOK.
«. M. SMILUE.
THEO. H. FREELAND. Secly «nd Tftss.

1 MACOONOUGH,

CAPITA L,

&

Trowbridge,

BANKER AND BROKER,
& 5 Broad .or 39 IVaU

rector

TICKETS OP IMPKorED tfTtUm,
AILWAT
Bkvw 0«r4<, L«kb«l% C'aleadara.
BLANK BOOKS OF EVERY DESCRIPTIOtl
ALBERT 0. GOOOALL, Pr«tM«nL

Nos. 3

of the New York
Stock Exchange

Members

J

DicKiysoy, S

F.

F, E.

SOLID SILVER.

SAFETY COLOm.

unoaumK add

made and loans negotiated.
Dividends and Interest ooUected.
Deposits received subject to Draft.
Interest allowed. Investment securities a spetialty.
We Issue a Financial Report weekl7.

Frank

A.>» C'0UruR.\T10.N8,

BILUi OF KXCIIA.NOE,
U* tsMt ud mo«t artUtlo MrU
STEEI. rLATE§,

Stocks and Bonds bought and sold on Commission,
Orders received In Mining Stocks, and in Collated

JOB.C. Walcott,

•KATTS, CHEC-KH,

Co.,

Securities. Collections

182 Broadway, Cor. John Street

Foralcn Covornmants.
ENGRAVING AND PRINTING,
S
kAXK NOTK8. 8HABK CeUTIFICATefl, BONDS

r*K eorERMlENTii

Co.,

IBIPORTERS,'

BcOTsaiUaM 187*.

Emoatus and PuirreBS or
•ONDS, POSTAGE A REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES of the UNITED STATES; and for

&

&

BANKERS AND BROKEBS,
No. 24 Pine Street, Neiv Torlc.
Transact a General Banking BnsinesB

78 TO 86 TRINITY PLACE,
UmatMtm Tmnmiti ITVS.

C. Walcott

J.

Bank Note Company,
NEW

NO. 1,122

1886.

25,

Cotton Ezcbange, and Board of Trade, Chicago.

Wm.

R. TBATIB8, Special Partner.

Prince

&

Whitely,

No. 64 BBOADW^AY, NEIT IfOBK.
180 Fifth Aye., New York.
BBANOH OniCISj SS9
ISthSt., Wiuhlngton.D. O
Bay and sell on commission
Becnrltlea: also araln

all classes

of Ratlraa4

and Provisions.

Private Telegraph wires to Philadelphia, WUmlns.
ton. Baltimore, Washington, Bridgeport, New Haran
Boston and Pittsburg.

W. H. Goadby &

Co.,

BANKERS AND BBOKEBS,

No. 24

BBOAD

STBBBI.,

N.W T.rk.

THE CHIIONICLK

ii

grawjeys ot

'gviu'hcvs ntiH

&

Morgan

Drexel,

Cor. of Btb

81

BonleTard

Bauumonn,

boum

ATTORNHTS AND AQKKTS 0»
neMn. J. S. MORGAN & CO.
So. 22 OLD BROAD STREET, LONDON.

Brothers & Co.,
NEW YORK. Boston.
AND
ALEXANDER RROTTN & SONS

Brown
Phlla.

BALTIMOKB.

Bny and Sell Bills of Exchange
AND IKKLAND, FRANCE
ON GREAT BRITAIN
BKLGIUM. UOLI.AND 8W1TZaKBMANY,

NORWAY, DENMARK,
BWKUEN AND AUSTKA1.1A.

Isane Oonunerclal Travelers' Gredllia
IN STEBLINO,
ATallableln any part of the world. In FaANCB for
Sc

<«

and

In dollars for

Teleg;rapblc Transfers ot Idoner

Countrr and Europe.
MAKE COLLECTION'S OF DRAFTS drawn
tills

ail points in United States and Canada,
drafts drawn in the United States on
foreign countries
»nd their London house, Messrs. BKOWN, SHIPLKY
banks, llrma
A CO., receive accounts of American
and Individuals, upon favorable terms.

abroad on

and of

&

&

Stuart

Co.,

J.
NASSAU STREET.
BILLS OF EXCHANGE ON
S3

SniTH, PAYNE

MANCHESTER, PAYABLE IN LONDON
BELFAST, IRELAND;
AND ON THB

EDINBURGH AND BRANCHES!

Co.,

No. 32 Nassau Street, New Yoik.
No. 4 Post Office Square, Roston.
Circular Letters of Credit for Travelers'
Abroad against Cash or Satisfactory
Guaranty of Re-payment,

Cse

Ezcbanse on London, Paris, Rerlln
and Zurich.

Ruckgaber,

COBKKSPONDEMT8 OF THE

Hamburg.

nessrs. Marcuard, Krauss & Co., Paris
Bills

Alexander Baring
Member N. Y. Stock Exch'ge

KENNEDY Tod.
B. O. NOBXaCOTE.

J.

&

Kennedy Tod

J.

No. 63

Co.,

WILLIAM STREET,

RANKERS.
Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters of credit in pounds sterling & dollars.

OfTer Investment Securities.
Buy and sell bonds, stocks and securities in all American, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.
Exchange on
MELVIl/T-E. EVANS Jk CO., ( .LiON"""'
o„no»
Sell Bills of

C. J.

UAWMRO

dt

SOS,

MARCl ARD, KRAUSS
HOTTING LER A: CO.,

Houds. Stocks, &c Collects interest

in

and dividends. Keceives money on deposit. aUowlog Interest. As desirable investments uner, will
Issue Its l>ebenture Bunds, secured by its capital and

OFP1CEH8:

WILLIAM BROCKIK, I'resident,

WHARTON

IlAKKEll. Vice-P esldent.

Reading, Joseph E. Giliingham, John Waiiamaker,
E. Smith, Charles B. Wright, Henry Lewis.
CralKeLipplncott.Hamiiton Disston, Clayton tVench,
Francis Kawle.

Henry

Heidelbach,
Ickelheimer & Co.,
29 WILLIAin STREET,
Cor. Exchange Place,
NEW YORK.

FOREION BASfKERS.
BUT AND DRAW BILLS OF BJCCHANQB,
MAKE CABLE TRANSFERS, ISSUE TRAVEL.
BRS' CREDITS.

ISSUE COMMERCIAL CREDITS, AVAILABLB
IN

ALL PARTS OF THE WORLD, ON

Hambro &

Messrs. C. J.

Son. London.

5

<t CO., !pAn.T<4
rAKiS.
J

John Paton & Co.,
SUCCESSORS TO
JESUP, PATON & CO.,
New York.

Accounts and Agency of Bi^ks, Corporations
and Individuals received upon favorable teims
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, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
firms

draw on

THB UNION BANK OF LONDON
BRITISH LINEN CO. BANK, LONDON AND

^pjecial %nvz3tmtnts,
Kanawha & Ohio Railroad

&

Maitland, Phelps

BANKERS

First 6s.

Common &

Kanawha A Ohio

Pre-

ferred Stocks.

Continental Construction

Pcnsacola

&

Stocli.

Atlantic Railroad Stock.

BOUGHT AND SOLD BY

TOBET
4

SCOTLAND.

AND

6

KIRK,

&.

RROAD STREET,

NEW YORK.
Co.,

Geo. H. Prentiss & Co.,
COMMISSION MERCHANTS, NO. 49 WALL ST., NEW YORK,
AND

&

23

ASS

24 Exchange Place,

New

SOS

Yokk.

tklbqbaphic transfers of money
ON MEXICO, CUBA. dec. dto.

&

Kidder, Peabody

Co.,

1

Nassau

Street,

New

York,

ST.,

RROOKLVK.

AND

GAS SECURITIES,
Street Railroad Stocks

FO'REIGN BANKERS,

and Bonds

AND ALL KINDS Or

BR001U.YN SECURITIES

113 Devonshire Street, Boston.

Commercial and Travelers' Credits.
Cable Transfers.
of Exchange.

niONTAGVE

CAS STOCKS

bells of exchange, letters o* credit,

BANKERS
89 WILLIAM STREET, NETP YORK
Intematioual Bank or London
.(Limited), London.
Blessrs. John Berenberg, Gossler ic Co.

&

Acts as Financial Agent In the negotiating and
marketing of Securities. Deals in Bunds—Corporation, Railroad, Stale. Municipal, &c Executes orders
on comnilHSion

Co.

Parable In any part of Europe, Asia, Africa, Australia and America.
Draw Bills of Exchange and make Telegraphic
Transfers of Money on Europe and California.

House—inUNROE & CO.

&

sellB Bills uf Kxchuni^e. drawing on
Co., London. uUo on Faris and

HENRY M. UOYT, J li., Treasurer.
KTllELBKttT WATTS, Secretary.
I»8ne Letters of Credit for Trarelers
'Board of Directfjrs— Williura Bruckie, George 8.
On SELIGMAN BROTHERS, London.
Pepper, Morton McMichael. Wharton Barker, Henry
FKERKS
CIB,
Parts.
*
SELIGMAN
C. Gibson, T. Wistar Brown, Wiltiura Potter.
SELIGMAN A STETTHEIMBU, Frankfurt.
Advisory Committee of r^uckholders.— George M.
ALSBEKO, GOLDBKUG & CO., Amsterdam. Troutman, Gustavus Kuglish, Isaac II. Clothier,
ALTMAN & STKTTIIEIMER Berlin,
William Pepper, M. D., Thomas Dolan, John G.

Cbkdits Opened and patments made by cable.

Schulz

Full paid.

Sti,000,OOG

L'npical,

Berlin.

New York.

sold.

ALSO,

CABLE TRANSFERS AND LETTERS OF CREDIT.

CO.

of Philadelphia.
3IO CIIESTIVIJT STREET.
Buys and

;

NATIONAL RANK OF SCOTLAND,

INVESTMENT
Baring Bros.

BANKERS
RROAD STREET,

S3 William Street,

ULSTER RANKING CORIPANY,

THE

Frank'

Exchange on, and make Cable Trana
England, France and Germany.

No. 23

."LIMITED,"

Paris

London.

& W. Seligman &

J.

BANGHESTER & COUNTY RANK,

&

!»anii,

Bills of

fers to,

BANKERS, LONDON

John Munroe

ijt

KolliHchild BroR,, Farlit.
A. lie Rothachlld Sc Honii,

ni.

Draw

SmiTH'S,

ik

KoihHchild

M. deRothiKhlld, Esq.) Vienna.
and TBEIB CORRKSPONDZNTS.

KRLAtJD,

In Martinigue and Gnadaluupe,
nse In this and adjacent countries.

I>l.

fie

"

S.

Securities
DaposlU received iubjeot to Druft. allowed
on
and sold on conimlsslon. Interest
CredlU.
D«DoalU. Foreign Kxchuniie. Conumerclal
TraTelers,
for
Letters
Circular
Transfers.
CaWe
•Tallable in all parts of the vorld.l

iMoe

In

all

fort o\iii,

PARIS.

D0MS8110 A.SD FORKIOS BANKERS.

J.

Co.,

BANKERS,

Drexel,IIarJe8&Co Meaars. N.
"

Co.,

t Cheatnat SU.

Retweeu

%xch^nQt,

parts of the World, through

&

PBIIiADELPHIA

make

&

No. 12 IMue Street,
I8S0K TRAVKLKKS' CREDITS, available

NEW YORK.
Drexel

l^creifltt

Co., August Belmont

STREET, (X)RNER OF BHOAD,

WAUL

[Vol, XLIII.

DIBALT

IN.

ATTORNEYS AND AGENTS OF

Unger, Smithers

&

Co.,
BANKERS AND RROKERS,

Uembers

of

the

New York

Stock Exchange

bin qas quotations in this papbb.
Geo.
H. Prjjntiss. W. d. pbkntiss. W. W. Walsh
CO., London

BARING BROS. &
COmitlERCIAL CREDITS,

Messrs.

Member N.Y.Stock Exch.

Circular Credits for Travelers.
DIAIJBS IN Foreign Exchange, OoTEKNUjurr
First Mortgage G Per Cent Gold Bonds
AND OTHER INVESTMENT BoNDS.
STERLING LOANS A SPECIALTY.
(Sl-AOOO PER MILE),
44 Wall St. and 62 Greene St. N. Y. Cable Transfers and Kills of Exchange on
TAMPA & KEY WEST
Buy and sell on commission, too* investment or on
JACKSONVILLE
Great
Britain
and
the
Continent.
margin, all securities dealt In at the New York Stock
zooange.

Canadian Bank of Conunerce.

HOV^TZE BROTHERS,
BANKERS,

'

CAPITAL, te.ooo.ooa

J.

H.

siniPLns, ti,eoa,ooo.

GOAVBT & ALEX. LAIRD,
AGENTS,

I« EXCHANGE PLACE, NETiT YORK
BUY AND SELL STERLING EXCHANGE, CABLE
TRANSFERS, ETC.

XSSUB COUMBKCIAL CREDITS, AYAILABIiE
IN AIA.

PARTS

»li'

THE WORLD.

120BEOADWAT,

Equitable Building, New York

LETTERS OF CREDIT AND
CIKCCLAR NOTES

Issued for the nse of travelers in ail parts of the
world. Ellis drawn on the Union Bank of London.
Telegraphic transfers made to London and to various
places In the United States. Deposits received mbJect to cheek at sight, and Interest allowed on balances. Government and other bonds and iDvestmenl
eotiTlUai bonglit and solil ob eooualMton.

RAILWAY COMPANY.

Principal due 19U.
Issue limited to 11,556.000.
Interest payable In New York .lanuary and July,
Completed Feb. 22, Itiia. standard gauge. Steel
First-class equipment.
This road forms a part of the through line from
Florida, over which the Cabaa
mall is now carried. We recommend these bonds as
secured by a large and rapidly increHSing througa
and local business. Price, par and accrued Interest.
Pamphleta and copies of mortgage furnished.
rails.

New VorktoTamfa,

,

R. A. LANCASTER

&

10 "Wall Street.

C«j
,l1

December

25

THE CHKOMICLE.

1f86.;

nud ^toliecs in

liauTietB

Fred. H. Smith,
BANKER & BROKER,
«. 30 BROAD ST., JiKVf YORK.

No.

DEPOSITS

B

Lota or otkenrlsa,

•itkar tur Caah or on Margin
F. H. Bwrra, ) Mambara Consolidated
8.

W. Smjth, I

Petrolenm Kzchuuie.

Geo* K.

Holt,

New, New
GENERAL BANKING bnolnees.

a

received and

INTEREST

allowed on

balances.

Boy and seU GOVERNMENT, MUNICIPAL and

8toek and
York.

RAILROAD

New

Sficnrlties.

Wasrbubn.

C.

GEO. H. HOLT.
L'HDILIER.
Hi&ABf Dewino. Clark Dbwing. F. T. Bontscou
(Member ol New York Stock Exchange.)
0. K.

JMO. P. TowNsi.ND, Special Partner.

&

Townsend

H. Dewing

BANKERS AXD BROEJERS,

New York.

Ro. 6 IVall Street,

Boojiht and Sold on Commission
for eaah or on marirln.
Spatial atlentloQ urlven to Unlisted Secnrltles.
Dapoalta reoelred subject to Check at Sluht.

No, 18 l¥aU Street,

&

Carolin
i« &

If.

CUX boaght and

ComnUaBlon Stock Brokers

&

Huestis

&

I.U.WAOQOyga

F.C.HOLUNB. B.H. BUBRSOK,

Frank C. Hollins

&

Co.,

BANKERS AND BROKERS,

York.

sold.

on Commission, for casb or on margin
New York Stock Bx»

Members N. Y. Stock Exchange.

NEW

WAI.L STREET,

11

YOUIi,

AND

CLARK STREET.

346

Co.,

CHICAf?0,

IL,!.,

A. Dutenhofer,

BROKER

AND
Dealer in Miscellaneons Secnrities,
MILLS BUILDING (Sd Floor,)
ACSTDI G. OORHAM.
CHAS. W. TUKHER,
Chas. 0. Noble.
Membfir N. Y. Stock Exoh
Booms 35 & 26.
33 WALL. STREET.
STATE AND CITY BONDS OF GEORGIA, ALSO
KR. * BANK.
TUB
CENTRAL
SECURITIES
OF
C. J. Turner,
INQ CO. OF GEOHOIA A SPECIALTY.

Co.,

NEW YORK.

It Years' Membership In the N.Y. Stock Exchange;

BANKKRS AND BROKERS.

BANKER AND BROKER,'

ucckanoBa to

Bn

New

sell

BBcurities dealt in at the

Interest allowed on daily balances.
All deposits subject to cneck at slffht.
Particular attention to orders by mall or telegram

BANKERS AND BROKERS,
nuie Building, 35 ^VaU St., New York

»

FINE STREET,

31

Son,

Gorham, Turner

Cox,

BROADWAY,
Ho.
k Oflea, ns Madison AT., eor. 4M St., New York
Davoalu raoalTad subject to check at slxht, an!
lataraat allowed on dallr balanoaa. All Stocks and
•aeorittaa dealt In at the New York Stock Bxehann*
bongM aod aold on Commission, for Caab or npon

Wood,

Buy and
cbanse.

Stocks and Bonds BouKht and Sold on ComraiBsiOD
Particular aitentlun tfivea to tniormation regard'
Ing InTeatment securitfes.
Iowa Lioan 3t lYust Co.
per cent Debentoret

Torrespoodence Solicited.

CHAiUJtS
Mamber N. T. Btoek Kxebansa.

&

IN

FIRST-CLASS I^VTESTTTIENTS.

BAIVKSRS A\D BROKERS,

Coeka and Bonds

M M. T. CABOLUI,

TAINTOR.

G. D.

Washburn,

York.

DEALERS

all

Private telesrapb wires to ProTldence and Boston

Chas. 1. TovmaiND,
Lansing
Mamber N.T. Stock Eicbaniie.

Sons,

Sistare's

16 & 18 Broad Street, New TorlE«
131 South Third Street, Philadelphia.
Tork. Connected by PriTute wire with main oQlce, New

urall St., Cor.

11

TRANSACT

tiae

boiutat In Pia«tlonal

IJeur IJovU ©Itij.

BANKERfe,

Twentr rear*' experience In Railroad Bonds. Pardeemng to baj or aell Unoorrent Bunda wl.l
~'

—
oummnntcate.
StMks

&

Taintor

Ill

UATIS.
•WOOU A
seeurittes
at the New

16

A

BROAD

18

Investors wishing to buy nr sell are invited to call
Prompt and personal atteatlon given

or orrespond.
to ail orders.

NEW YORK.

ST.,

H. L. Grant,

No. 14S BROADWAY,
ftaarOJtBi Railbuadkih«tMortoaob Bonds.
NEW YORK.
aauBOBCwoou. C. u. uuustis. um.swan.
STOCKS & BONDS
ohn
H.
Davis
Co.,
CITY
RAILROAD
ruso.
BBomr.
Bbuitn.
a.
H.
WAunua
J
HlKMBT P. BaOWK.
BOUGHT AND SOLD,
BANKERS AND BROKERS,
|iiit

i

orders In

Transacts a general HanklnK bnsineas. Including the
pnrchase and sale of stocks and bonds for cash or on
manrtn.

listed

all

Tork Blaak zahance. For Sale

&

&

Bishop,

Noa. 23

BANKKllS AM) BROKERS,

(eabars New

&

Chrystie

NEW YORK.
York Stock Exchange.)

Pi^K MTKEKT,

Ho. St

NEW YORK.

See Quotations of City Railroads in

Aaeoonu ol Banks, Bankers and otbers recetred.
iDtarast allowad on balancea. A stnctlr Commission
ealaasa In the porchjue and sale of stocks and bonds,
PrtvataTalHiniph Wire to Albaoy,Tror^Tracase.
Boafeaatar, L'tlca, Bullalo. CleTeland ana Chloago.
|>fa«oa Otv Bank of London in aroonnte to suit.
lUoaglTen to Securities for InTestmenl.

&

Janney,
Tievr

York.

Receive deposits and consignments of Bullion.
Deal in Investment Securities and Foreign Exchange and invite correspundeuce.
Particular atientiun given to lulonnatlon regarding
Inveatment Securit.es.

&

Kimball

J.

d
r

W.

CAJ Co.
BANKERS,
WALL STREET,

New

York.
IB Broad Street,
oo eommlsslon, for Investment or on
aaaulUaa dealt In at tae N. Y. Stock Bxcb.

J.

AtrUKU

jUnaAi

Dickinson

&

ALLINO

New York.

J.

Ailing,
New

Bnr tnd SeU luTestment
A. M. KlSDCIt.

WAYLAND TRA8K.
W.

York.

sail at N. Y. Stock Exchange, for INor on MARGIN, all classes of Stocks
floods, and allow Intaiast oo daposlta, auhjeot to
ehaeiai s»«h t.

Bar and

TsStmkNT
aad

C.

IN

*

18

BROAD

ST.,

ilQMDa. MlSCKLI.ANEons 8BCUKITIB8

AND OKFADLTED BONDS
COWBSWPONTlgWrE BOLICTTHn.

Gilman, Son

&

Co.,

cor.
(IIBce, •ill

D. A.

BOODT.

CEDAR STREET.

Box

RgtTBIS

447.
C. W.
I,KI.ANI).

MCLELLAN.

la addition to a Oenaral Banking Business, But
SecnrlBall UovanuneBl Bonds and InvasUnent

BANKERS,

Lapsley

&

BANK BUILDING,
Co., DNITED
'Wall Street, corner Broad-waf.

BANKERS AND BROKERS,
94

BBOA0WAT and 9 NEW STREET,
Raw

Tork.

&

Chew,

STOCK BROKERS,

&

H'Z Broadvray, N. Y4
Bonds and United States Govemmett
Bought and Sold on Commission.
BEVKKLT CHIW.
JAS. D. SIMONS,

Exchange Court

Y. Stock Exchange.
Y. Produce Exchange.

Simon Borg

Exchange Place, N. Y.

aad

Howard

Simons

W. Alkx. Bass, Jr.

No. 17

NASSAU

&

ST.,

Co.,

NETP YORK}

La Halle Mt.. Cblcnga,
Branch
DBALBB3 IN ALL KINDS 01*
TRANSACT A GKNKRAI, BANKING BU8INBS8,
AND SALE OK
PUKCHASR
TlIK
INCI.UDINO
CASH OR UN MAK- Railroad and InTestmeut Secnrltleu
STOCKS AND BONna FOR
OIN; BUY AND SKLI. INVKSTMIt.NT -KCUKlTIES. INTKllBST ALLOWED ON DEPOSITS
SOUTQESM BBCURITIES A BPECIALTT.
AT
SIOII'^.
CUBCK
SUBJECT TO
P. O.

BANKERS,
No. SS

(juubations cheerfully furnished.

Y. Stock Bxch ge.

Stocks,
Securities

BANKERS,
SS Brondway,

solicited.

Wh. H. Rolston,

Member N.

Member N.
Member N.

ALL KINU8 OK INVESTMENT

Bass,

BROAD STREET, NEW YORK,
STOCKS, BONDS

AND miSCELLANEOUS SECURITIES

it

.

16

20

HILL

IBoodf|«

&

Rolston
No.

Secnrltlee.
H. J. MOBgS.

Albert Pearce,
•BOKBB

Robertson,

L.

AND STOCK BROKER,

Correspondence

Transact a General Banking Business, including
the purchase and sale of SliJCKS and BONDS for
cash or on margin.

BANKERS AND BROKERS,
No. 30 Pine Street,

No. 18

B. IXIDKSBXItT

BnWAKD P.
H. DlCKL-fSON,
Maoibar N. Y. Stoofc Kxehange.

NEW YORK.

New York.

sell

all

Co.,

BANK BUILDING,

W^ALL STREET,

BOIHO

Co.,

Philadelphia Stack xebaiice.

•«, IS*

PrSBT

Dealer in InTestauent Securities,
No. 7 NASSAU STREET,
(ConUnental National Bank Balldlng,

Maabaraklp New York Stock BxctaaBge.
>

papef.
VT,

city. County, State, Railroad, District of Columkla
nonos and Forettrn KT^^hangf, and all Sticuritie&i
listed in N.Y. Stock Exchange.

BANKERS AND BROKERS,

IT Taars'

TTNITED

Xo. 3

'

R.

&

H. Latham

J.

BANKERS,
36 Naaaan St.,

t.hlB

JOBM UOWAItD LATUAM, HHHUHKIOK
Member of N. Y. Stock Exchange.

INVESmENT SECURITIES.

NASSAU STREET,
NEW YORK.

Hamilton

ST.,

Orders for Stocks and Bonds executed at all
Exchanges.
Especial attention given to supplying high-class

BACKERS,
MO. SO

WALL

No. 10

Walston H. Brown & Bros

STOCKS,

BOSDS

<t

COUMEIWtiL PAPER.

Slocks and Bonds bouiihl and sold on coniniisston
at Mew York Stock txcbange. Advances made on
business paper and other securities.

& Floyd,
STOCK BROKERS,
Walsh

No. 26 BROAD STREET, NEW YORK.
NICOLL FLOTD JB
JAHXB W. WAL8B, Jr..
Member N V. Stock F.Tclianiw^

R. T. Wilson

&

Co.,

BANKERS AND COJIMISSION MEBCIIANT8,
i Exchaiise Court,

New York.

THE CHRONICLE.

IT

and

©auafliati aufl ^areifltt Saufes

Hong Kong &

Bank of Montreal.
O. F.

-

-

-

•

•

-

BMITHERS,
W.

$12,000,000 Gold.
$6,000,000 Gold.

-

President.

BUCHANAN,

J.

General Manager.

KSW lOBK OFFICE:
S» & 61 WALI. 8TBKBT,

Ttou.

^vluI^zkb.

WAI.TIB WATSON, >{»«—"••
».«,»«
AUtZ'B LANO,
Boy and Sell Sterling Excbanire, Francs and Cable
Transf en grant Commercial and Trarelers' Credits
•Tallable in any part of the World Issue drafts on,
and make Collections In, Cblcago and throoghout the
ComlnlOD of Canada.

Shanghai

»7,600,000
Paid-up Capital
4.500,000
Resorvo Kund
fiOO.OOO
Reserve tor Kqualliatlon of Dividends....
7.B0O.O0O
Reserve Liability of Proprietors

The Corporation grant Drafts, Issue Letters of
Creuit for use of Travelers, and negotiate or collect
Bills r!><'able
at Bombay, Calcutta, Singapore,
Salmon, Manila, Hong Kong. Fooebow. Amoy,
Hankow, Y(>kohama, Hlogo, San

FrCidistM ano London.

A. n.

TUWN8KKD>

Agent, 47 William HI.

Blake, Boissevain

;

Iiondon

Imperial
CAPITAL

Bank of Canada

(paid up),

-

$1,600,000
$500,000

-

WILKIB,

D. B.

Cashier.

Kt.
St.

IngersoU.

Catharines.

Toronto.
Toronto. Tonge
Welland.>

Thomas.

Woodstock.

Niagara Kails.
Port Colborne.

GalU

A SPECIALTY.
Cash paid at once for the above securities t or they
be sold on commission at seller's option.

will

Colnmbna Hocking Talley &. Toledo.
Toledo dc Ohio Central.

Kanawha

BRANCHES

28 State

Ohio.

J.

S.

16 and 18

Stanton,
BBOAD STREET.

DEGHUEE^S
BOND

TABL.ES OF

New

Street,

PUBLISHKD AND FOB

CO.,

GEO.

ITork,

yV.

AKD

ADOL,PH BOISSETAIN &

I

CO.

Heinemann

terms, and proceeds
remitted by draft on New York.
Dealers in American Cur'y and Sterling Exchange.

&

's

OF TUB

NEW YORK AND BROOKLYN

,

theUeadOtBceon reasonable

D, mills Boildlac.

TRUST Co. STOCKS
.oXL

Amsterdam, Holland.

YALIJES,

BAU BT

DOIIOHERTY,

Boom

Boston, Klaaa,

St.

SOUTHWEST.

IN

BROTHERS &

BL.AKE

18 W^all Street,

Calgary.
Brandon.
Winnipeg,
Agents In London :
Agents In New York
liloyif s, Harnett's A Bos- Bank of Montbbai^,
anqnel's Bank, limited,
Promptest attention paid to collections payable In
any part of Canada.
.
,
,
Approved Canadian business paper discounted at

&

East Tenneaaee' Va. dc Georgia.
American Speaking Telephone.
Southern Telegraph.
BOUGHT AND SOLD BT

ence with

BRANCHES IN ONTABIO.
Fergus.

DEALINOS'IN

Commission Business.
Special attention given to the

OFFICE, TORONTO.

Essex Centre.

PINE STBEBT.

INSURANCE STOCKS

NeffOtlate Railway, State and City loans.

execution of
orders for Securities on the New York, London and Amsterdam Bbccbanges In correspond-

Bailey,

S.
fil«

Execnto orders for Bonds. Shares, etc., on Com.
No. 22 Abchnreh I.ane.
mission, and transact a general Banking and

SCRPL.DS,
H. 8. HOWLAND, Pres't.

HEAD

& Co.,

L.ONDON, ENGLAND.

;

Office,

E.

BANKING COBPOBATION.

Ni^tr^-., i=iban«hal,

SXin^

jlpecial Itttrestmeuts.

FOREIGN.

CANADIAN.

CAPITAL,
SCBPLCS,

[Vol.

COaiPANIES'

Co.,

BOUGHT AND SOLD BY

68 Gresham Honse, E. C,

Merchants' Bank
OF CANADA.

HEAD

Corporations, Firms and Individuals upon
favorable terms; also orders for the purAo. on
chase and sale of Bonds, Shares,

•

.

OFFICE, mONTREAL.

GEORGE HAGUE,

Bee

Sollelt accounts and agencies of Banks, BtUIways

$5,799,200 Paid Up.
$1,500,000
President, ANDREW ALLAN, Esq.
Esq.
ANDERSON,
ROBERT
Vice-President,

Capital,
Beserre,

96 Broadfray.

LONDON.

General Manager.

&c

change, Cable Transfers, issues credits available in
all puts of the world; makes collections in Canada
and elsewhere and issues drafts payable at any of
the offices of the bank in Canada. Every description of foreign banking business undertaken.

New York

WaU

Asency, No. 61

HENRY HAGUE,

JOHN

B.

HARRIS,

!

JB.,

j

Street.

THB

Anents
Agents.

AGENCY OF THE

BANK BriLDINOS

Elliman,

STREET, NEW^ TORK.

COREESPONDENCE INVITED

&

Wescott,
New York,

18 Wall Street,
Ezeonte Orders in

all

Securities

Listed on

Special Attention given to

GoTernment & other InTestment Bonds
Correspondence Solicited

Send for list published Mondays.
J. P. WINTKIN<JIIAM. :{« PloB St. N.Y.

dkc.

STREET.

No. 52 ITALI.

Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland.
also on Canada. British Columbia and San Francisco.
issued in Pounds Sterling
ClRCUl-All
available in all paru of the world. CU3IMEH.for use In Europe,
ClAIi

NOTES
CREDITS ISSUED

China, Japan, liast and West Indies and the Brazils,
River Plate, 4c
Bills collected and other banking business trans-

MCTAVISH, ..._*,
8TIKKMAN, {Agents.

D. A.

I

This
to

ter of

LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 122 Californla St.
& W. Sellgman & Co.

BOSTON Correspond'ts, Massachusetts N. Bk.
•

•
•

$6,000,000
1,600,000
400,000

------

Transact a genera] banking business. Issue Commercial credits and Bills of Bzchange, available In all
parts of the world. Collections and orders for Bonds,
Stocks, etc executed u oon the most favorable terms.
FRiD'IC F. LOW,
I
M»„.~,_

IGNATZ 8THINHART, J "*»'»«*"•

P, R. IJIiIBNTUAL.;C>shl«r

EQUITABLE
Mortgage Company.
CAPITAI. 9600,000.

6 AND 7 PER
Bank
4

-

payments of Interest on Loans, Dividends on

Cable Address— P ATT, Lokdoh.

(LIUITED).

•

Loans on the London Market, acts as Agent for

or Registration of Stocks In London, or otherwise.

Anglo-Californian Bank

•

of Trustee

Railways and other Corporations, either In the mat-

THE

J.

Company nadertakes the bnslness

Loans of approved Railways, negotiates and

Issues

FOREIGN.

Antborlzed Capital,
Pald-np Capital, •
Beaerve Fnnd,

&

Gas, Insurance. Banks, City Railroads,

Capital Paid Vp, £»T1,S60 SterUnK.

Buy and sell

NEW YORK Agents,

Railroad Bondi.

NEW YORK STOCK EXCHANGE.

ov

North America,

H.

18 W^AIili

LONDON, ENGLAND.

Bank

acted.

Buttrick.

(LIMITED).

No. 4

British

Specialists In

Cahoone

Railway Share Trust Co.

and Telegraph Stocks

n Daily Indicator and Saturday's Evening Pott.

the Stock Exchange.
Interest allowed on Deposits, subject to flO-days
sight drafts, at Bank of England rate, and
one-percent below that rate subject to

W. N. ANDBBSON, Assistant Gen'l Manager.
demand drafts.
BANKERS:
LONDON, ENG.— The Clydesdale Bank (Limited.)
Negotiate Railway, State and City Loans.
Banli of New York, N. B. A.
NEW YORK—The
The New York Agency buys and sells Sterling Ex-

my quotations of Trust

of

Australasia,

(Incorporated by Royal Charter, 1835.)
Tbreadueedle St., Ijondon, England

Paid-up Capital,
Reserve Fund,

------ jei-ecD'OOO

£790,000

I>etters of Credit and Drafts issued on any of the
numerous branches of the Bank throughout Australia and New Zealand,
liills negotiated or sent for collection.
TeleKraphic transfers made.
Deposits received in London at Interest for flxed
eriods, or for transfer to the colonies on terms
Thich may be ascertained on application.

PHIDBACX SELBy.

GUARANTEED FARM MORTGAGES,
Principal and interest guaranteed and payable at
any of the ofBces of the Company.
208 B' way, Boston. 2.3 Court St.
New York,
H. 11. Fitch, Man gel.
Chas. N. I'owler, V. P.

Phila.,

«4 Broadway

dc

ID

New

St.,

New York

Kansas

S. 4th St.,

J. C.

City, Mo.,
Avery, Gen. Man.

Farm Mortgages
In

Stewart Brown's
stock brokers,

112

C. B. Wilkinson, Man'ger.

Secretary.

Sons,

CENT

Sums

of $100 and

Upwards on

Ir-

diana and Ohio Lauds.
SAFBR. AI.W AYf PROMPTLY PAID
NOTHING
""
BEND FOE PAMPHLET,
JOS. A. mooRK,
84 Eaat market St., Indianapolis, Ind

Dkceuber

THE (CHRONICLE.

25, 1886.]

'g&vm

pt0t;t0ȣ[cs.

KANSAS FARM MORTGAGES.

KANSAS SEl URITT COmPANT

The Union Trust

St.
Strictly flrst'ClaBS Kansas Fartn Mortgagps payinK
anuuantced Intaren of SEVEN

PKUCKNTPER

CH A SB N ATIONAI.BASK, NBWTOltK. S<'nd for circular.
HeTerenew: CHASE NATIONAL BANK.
VaNSLOW. LANIEK i CO.. etc.. etc.
iBIcnat oonponapayable at the

W. 8.0R0SVEN0R. Kingman.
JUNE-. KinKmHQ.

Kan.. Preaidert.
Kan,. Vice-President.

ISTE8T THROCRB THE SOUND AND

RELIABLE
WESTERN FARM MORTGAGE
LAWKKNCE. KAN.

....

M. PiRKixs, Preat.
Fa4<l V9 Cmpllal,
r.

CO.,

L. H. PEBKivii, Sec.

1M30.000

Xortfcage Farm Iioans. also the
OMupany's Ten Tear Debentures, based upon its
DP capital and asaeta of oyer taS0,0U). No losses.
Bid
eren years* experience, with absolute satisfaction
to oyer 1.500 Investors. Sand for circulars, forms and
fall Information, Branch otDces in N. Y. City and
Albany. New York OlSce 137 Broadway,

The cholceat tlrst

C. C.

6%
The A

HINE i SON,

Agents.

lOOpercent of first
Mortcajte loant held In tnut 07 the Mercantile
Traat €•>« V, Y. Ftre per cent certlflcates of
for periods ooder one rear. Write for foil
rmatlon and references to iJte comi>aD7 at 150

SMtt
""*'•'•*•

A.

L.ORMSSy,

Tlea-Presldoit and General Manager.

Baal Batata Mortgagee on City
and Fann Property, worth two
to four times amounts of mortngea, Iniereat 6 per cent to
7 per cear, principal and inter-

NORTH1?E8TERN

GUARANTY
LOAN CO.,

guaranteed. Seotultlea for guaranty held by the
eat abaolutcly

American Loan

A

Trust Com-

pany, of Boaton. Maaa.

MUrHEAPOLia.

the law.
All trust assets kept separate

Send for ctrcnlars to

rBM-DpCapltml, KKIIER Oi CARPENTER.
Bankera, Troy, N. Y.
Aathofts'd
_athof«s Capttal
Eastern Managers for Comuary
(Wo.

Burglar^Proof Safes to rent at $5 to $60 per annum.
Wills kept in vaults without charge.
Bonds, Stocks and other valuables taken under
guarantee.
Paintings, Statuary, Bronies, etc., kept In Fireproof Vaults.
Money received on deposit at interest.
Prest. JOHN O. READING. V.-Pres't.
MAHLON8. STOKES. Treasurer A Secretary.

1AS.LONG,

D. R. PATTERSON, Trust OHlcer.
Directors.— James Long. Alfred 8. Gillett, Joseph
Wright. Dr. Charles P. Turner, William 8. Price,
John T. Monroe. W.J. Nead. Thomas R. Patton, John
JGReadtng, Wm. H. Lucas, 1). Hayes Agnew, M. D.
Jos. 1. Eeeie, Robert Patterson, Theodor C. Engei.
Jacob Nayler. Thos. G. Hood. Edward L. Perkins.
William Watson, Philadelphia ; Samuel Riddle.
OLKN RIDDLE, Pa.; Dr. George W. Reily. IHUKIS-

Simpson Africa. HtrXTINGDON; Henry
READING; Edmund S. Doty, MirrLINW. W. U. Davis, DOTHSTOWN R. S. MonWE3T Chestsr.

Pa.; J.

Eckert,
:

aiiban,

Tmportant Notice.

relatltig to

Beal Estate Mortgace*.

Union Trust Company

©ompaules.

OF NE1V YORK,
f 1,000,000
$8,000,000

CAPITAL,
BCRPLUS;

Authorised to act as Kxecntor, Administrator
Guardian, Receiver, or Trustee, and is

r

A LEGAL DKPOSITCK? FOR MONET

Accepts the transfer agency and registry of stocks.
and acu as Trustee of mortgages of cor|)orations.
Allows interest on deposits, which may be made at
any time, and withdrawn on Ave days' notice, with
Interest for the whole time they remain with the
company.
For the convenience of depositors this company
also opens current accounts subject, in accordance
with its rules, to check at sight, and allows Interest
opon the resulting daily balances. Such checks pass
through the Clearing House.

Wm. Whltawrlght,

TRUSTBBg:

James M. McLean,
Ambrose C. Klngsland.
James H. Ogilvle,

R. T. Wilson.
Wm. r. RnsseU.
C. D. Wood,

James N.

8. T. Falrchlld.

H. Frothingham.
Gaorge A. Jaryls,
I.

Piatt,

C. Vanderbilt,

O. O. Williams,
R. G- Remsen,
Johnston,

B. B.
D. H. McAlpin,

J. B.

Henry

Samuel

Edward

Sohell,
Parlier,
V. Barger,

Ama«a J.

Stolies,

EXECUTIVE COMMITTEE:

G. Q. Williams,
B. B. Wesley.
C. D. ^yood.
A. C. Klngsland.
KING, President,
M. MCLEAN, First Vico-Prest,

Wm. Whitewright,

James M. McLean.
J. B. Johnston,

D.C.Hays,

BDWARD

Cor.of Mootagaeaod CUnton eta., Brooklyn, N.T.
Thia company la aalborlaed by special charter to

Mt aa raetf y«r, Iroatoa, guardian, executor or adminof
l?Ma act aa annt In the aala or management
reoein renalMtMa, eoUwt Intareel ordlrldenda.
S&raadliaDafar hooka, or make pnrchaae and aale
and other aaenritlea.
and persons
BaUahHM and charitable institutinns.business,
will
of
MaaSatosad to the transaction
depository
conrenlent
and
aafa
a
Company
ndtbla

SOmnuaaot
taimSStr.

—

°"°'~
ItlPLBT
k«pi
' ROPKS,

—

"•—
Praaldent.

_

iaiBb O. Low,

,B. r.

Knowlton,

BV K. Sheldon,

Wood.
SSrM.Whtt^, IjohnTJJartln, C.l).
iFr«l. Cromwell, Wm. B. Male.
A^A Low,
Ropes.
Ripley
Rolf
e,
P.
Uohn
Ate Medaa,
Abram B. Baylls,
W.Oorliea.

—

knChuooay.lK.
.
•

«. W. Maxwell.
iJnKodafl.^H. B. Plerrepont. H.
JAMH KOM CtJBBAK.Secretmry.
•

PRgniBICK

^ui6t

A. O.

JAMES
JAMES U.OGILVIB, Second
B0NALD80N, Secretary.

C. CoLToic. Asst. Seo'y.

dCiomyatitcg.

Vice-Pres't.

&

Mercantile Trust

Deposit

COMPANY, OF

BALiTIIIIORi:.

^

BDMUND W.CobLUM, Vlce-PrMt.

9300,000

-„ •
Aathorized Capital,

Capital,

,

$*.«,U«0.000

Anthoriied to act as Executor. Administrator,
Guardian, Receiver, or Trustee, sn j Is

A LEGAL DEPOSITORY FOR MONEY.

Accepts the transfer agency and registry of stocks
and acts as Trustee of mortgages or corporations.
Takes charge of property, collects and remits Interest and income promptly, and discharges laithfullr the duties of every trust known to the law.
Money rect Ived on deposit. All Trust Assets kept
separate from those of the Company.

Burglar-proof Safes and Boxes (having chroiro

United States Trust
or.yswroRK.
Ho 49 WALt STBKET.
Crltal-ndSorpI^

Ca

J6,000,000

jrs^-Sl S-.'o'S»-lS"-2ct"'L".S3S^cS

due January

1,

York.

of

1887,

1st,

W. GILLULY,

J.

DbnVEH. Dec.

the

Treasurer.

24, 1886.

For any of the above referred to coupons left for
examination, checks will be mailed on the Slst inst.

riONTINENTAli NATIONAL BANK.—
New York,

Dec. 24, 1888.

PIFTY-SIXTH DIVIDEND.
The directory

of this bank have to-day declared
a semi-annual dividend of FOUR (4) PER CENT,
payable Jan. 6, IS-*?, to which date from Dec. 31 the
transfer books will be closed.
H. TIMPSON, Cashier.

ALFRED

QFFICE OF WELLS, FARGO & CO.,
No. 65 Broadway, New York. Deo. 20. 1888.—
The regular semi-annual dividend of FOUR FEB

CENT

has been declared by the directors of tkll
company, payable Jan. 15, 1887, at our ofBce, aa
above.

The transfer books will close Dec, 31, 1886,
and reopen Jan. 17th, 1887.
H. B. PARSONS Assistant Bec'y.

at 2 P. M.,

.

.

steel doors) to rent at »10 to $100 per annum Intl elr
BURuhew and elegant chrome steel /iRB

AND

LAR-PROOF VAULTS,

protected

by improved

Wills kepi in vaults witlitfot thlfrge. Bonds and
Stocks Plate and all Valuables securely kept under
guarantee at moderate charges. Paintings, Statuary, Brumes, etc., kept in flre-proof vaults.
8PBNCE, L. C. FISCHER
JOHN GILL, W.W.
Treas. A Sec.
Vice-Preat.
President.

DIRECTORS

S.'JESI'r-.fJ.
!!3s,''^Ld*.'^'55^^.>
r5iaLS??i«55^dwm'b?OTUtled to interest foi

Louis Mcljane,
Spence,
Christian Uevries Robert Ijehr,
C.Mort'n Stewart W. A. Tucker,

*%!!^^^d£lnl^«lof«. or trasteesof eeUtea
.5^2S£!"n5iSSa5Sid U. the transaction of hnsi
Sl.MSSl!?rS3loMand be"""'?"'
^.-7?L\....;n^n,ac -i.^^^^ '"i J°''°S',

Chas. 1). Fisher, Oliver A. Parker.
Geo. P. Thomas, W. H.Whitridge,
O. H. Williams, J. A. Hambleton,
Thos. Deford.
Andrew Reld,

W. W.

Robert Garrett,

TION.

New York,

Dec.

24, 1886.

SEVENTY-FIRST SEMI-ANNUAL DIVIDEND.
of this Institution have declared lo.
terest on all sums remaining on deposit during tho
three or six months ending Slst inst., at the rata
ONE
of
PER CENT PBB
on tl.OOO and under, and
PER
CEiNT PER ANNU.M on the excess of $1,000, not exceeding $3,000, payable on and after the third Mon.
day in January next.
SCHELL, President.
0. F. Alvord. Secretary.

THREE AND
ANNUM

HALF

THREE

EDWARD

'T'BCE
196

CHATHAm: NATIONAL BANK,
BROADWAY, New York, Dec. 22,
SIXTY-FOURTH DIVIDEND.

1688.

The Board of Directors

of this bank have this day
decl:)red a quarterly dividend of
(3) PER
CENT from the earnings of the past three months,
payable on and after Jan. 3, 1887.
The transfer books will be closed to that date
H. P. DOREMUS. Cashier.

THREE

QFFICE OF THE ONTARIO SILVER
'-'

MINI.NG

COMPANY. MILLS BriLDINO,

IB

New York, Dec. 20. 1888.
DIVIDEND No. 127.
The Regular Monthly Dividend of FIFTY CENTS

Broad Street,

A. A. Low,

Robert Lenox Kennedy, Geo. C. Magouu.

The Brooklyn Trust Co.,

RAILROAD COMPANY.

Coupon No.

First Consolidated Mortgage Bonds will be paid at
the oflQce of the company, 47 William Street, New

The Trustees

73 Broadway, cor. Rector St., N. T.

Ueorse B Carhart,

$rtt5t

'PHE
DENVER & RIO GRUNDE
-^

lyTANHATTAN SAVINGS INSTIXU-

D. C. Hays,
XOBTOAQES:
lamea Forsyth,^
Cabot Ward,
tma tD HODGES * KNOX, TOPKKA. KANSAS, deofge
King.
rm Punphlct eontalnink the compiled Lam dward
Wealey,

•
M XaoMg

^ixt\Situ&&f Set*

Itttjerjest,

;

Henry A. Kent.

n EOLSEBS 07 EAN3A3 SEAL ESTATE

from tho^e of the

Company.

8.

nar t>«bentoreBon<l»,8ecore<lbr

CHESTNUT STREET,

613

11.000,000
Authorised Capital
500.000
Pald-np Capital
Acts as Executor, Administrator, Assignee, ete.
and executes trusts of every description known to

TOW.S

of Ehnnrriean InTesttnent
m&Ubnrr, Iowa, vttta a paid-np capital of 9600,•••i aBrplaa S73|000* offerB flret Mortffaffe
Louwdrmwtnica«Tea percent, both Principal and
iBterrat fally (>Barantrril. Also 6 per cent 10-

Co.,

FHILADEIiPHIA.

BURO.

8%
Company*

7%

AND

611

H.T. OHcF, 96 Broado ay, cor. Wall

J. P.

©ompauijes.

'gvxtst

per share has been declared for November. [>ayabla
at the office of the Company. San Francisco, or at
the transfer Agency in New York, on the Slst Inat.
Transfer books close on the 24th inst.
LOUNSBBRY A CO.. Transfer Agents.

PACIFIC
N ORTHERN
COMPANJ",
TBEASITRER'8

RAILROAD
BROAD

OPFICIE, NO. 17

ST.,

>

New York. December 20. 1888. j
Coupons of the General Urst Mortgage Gold Bonds
of this Company, due Jan. 1, 1S87, will be paid upon
presentation at this office on and after that date.
The boc'ks forthe traf sfer of the tS.UOO registered
certificates will close Dec. 27, 1886, and reopen Jan.
At close of bnslne.ss Occ. 31 checks for In4, 1887.
terest due on said registered certificates will be
mailed to holders of recoid at tbeir respective addresses.
Tre as.

ROBERT LENOX BELKNAP.

PACIFIC RAILROAD
NORTHERN COMPANY,

Treastoer's Office, Nu. 17 Broad Street,
New VoHK, Dec. M. 1886. j
Interest due Jan. 1, 18a7. on dividend scrip of this
will be paid on and after that date upon
pretentatioa of certificates and the 1 dorsement
thereon of payment or interrst at this office, at the
office of the Assistant Treasu-^er at St. Paul, Minn,,
the New England Trust Company, Boston, or the
Guarantee Trust A Sale Deposit Company, PhllaaeipQia.
company

ROBERT LENOX BELKNAP, Treasurer.

rOLIET STEEL COinPANV,
V
Chicago.

III..

I>ec.l8. 1888.

dividend of SIX DOLLARS PER
has this day been declared on the capital
stock of this company, payable on the 17th day of
January next, to stockholders of record at the close
of business hours on the 3l3t Inst.
The dividend on shares registered In New York
will be paid at the olBce of the company's agents,
Messrs. John Paton & Co.. 32 William Street. New
York, and the dividend on shares registered la
hicagowlll be paid at the office of the company in
STIUL ING, Tr easurer.
Chicago^
W.

NOTICE-A

SHARK

I

H

.

ST. PAUL MINNEAPOLIS
PHICAGO
v>
OMAHA RAILWAY CO-MPANY, 62 WALL
s

New York, Dec. 20, 18e6.— A semiannual
TllKEE I'KR I ENT on the preferred
stock of this company will be paid at this office on
Thursday, Jan. 2u, next. Transfer books of preferred
and common stocks will be closed on Friday, Dec.
31, Inst., and reopened on Saturday, Jan. 22. 1887.
Stuekt,

John E. Hurst,
Stewart Brown,

W. U.

Blackford,

Jas. Carey Coale, E. A. Jenkins,

Bernard Cahn,
J.WillcoxBrown,

dividend of

M.

L.

SYKES,

Treasurer.

Alex. Frank,

John GUI.

RANK,
NATIONALDirectors
MERCANTILE
lb«6.— Tne
of
New YORli. Dec.
21,

"^JVJ^a*

TBVBTBBa:

Oaa. B. Arnold, D. Willis James, Ilobt.B.MIntnm,
Uen. U. Wsrren.
Tkoa. Bloeomb. John J. Astor.
John A. Stewart. George Bliss,
William LIbbey,
Worn O. Hunt, 8 M.Backi'gham.
H. B. Lawranee, Ijohn C. Brown,
Maor,
-Wm.
^ - U.
nOllbart. Isaa« N. Pbalpe. Bdward Cooper.
_wlD. liord, rastns Comfng. W.Bay-rdCutting
8. B. Chittenden, Chaa. 8. Smith,
MiSloao,
John H.Rhcadea, Wm.BockefeUer,
^muaw.
• Low
TwrPbalpa, An»-.n P. 8tokea,lAloi.K.Orr.
i«Kll*L.THOBNieLL.8«!rot*ry^^ _
iSuJSO.HAMPTOM.AaaisUntSeorotarr.

Metropolitan Trust Co.,
Mlllo Building,

35 Wall

St.,

New York

CAPITAL, $1,000,000.
PAID UP
aa a legal Depository by order of SO'

Deslgnaied

Iteceive deposits }t money on interest,
or transfer agent, or trustee for corpora-

Dreme Court.
ict as

flscal

and accept and execute any legal trusts from
persons or corporations on as favorable terms aa
tions,

other
'~"~ similar companies.

„ ., ^
IIILT.HOUSE. President.

^THOMAS
TAPPBN, Vice-President.
FRKDKltIC
WALTER J. BRITTIN, Secretary.
I).

this Bank have thps day declared a dividend of
'illRKKPKrt CENT, free of lax, payable on and

after Jan. 3, 1887. '1 he transfer
clostd until that date.
F. B.

books
,^

will

8CHESCK,

^

remain
..

Cashier.

NATIONAL BANKOFTHE
FOURTH
Cll Y OK NEW VOUK.~Nkw Yokk, Due.

2S,

Board of Directors have this dav deI'EU CENT, payable on
clared a dividend of
and after Jan. S, le87. Tne transfer books will remain closed unfi that da^e.
^^^^^^^^_ ^ashler. ^
lf^ft6_TliH

FOUR

THE CHRONICLEi
^inanctal.

Henry

Co.,

NA8SAD
P. o.

NEW YORK.

ST.,

BOX

A VARIETY OF

Mortgage Trust Co.,

FIRST-CLASS INVESTMENT BONDS,

8UCCE8.SOK TO

i,iaa.

Btate, Coantr. Cit7

and Railroad

particular attention glTen to the subject of Inrestments for Institutions and trust funds.

Grand Rapids & Indiana RR.
Notice to Holders of 5 Per Cent
Bonds.

FOR SALE BY

REED A FEAGG,
Dnucan Ralldlne,

Railroad Co.

HUUHART.

MORB THAN A

MAare hereby notified that,
JORITY OF the bonds having been deposited here
and abroad, the success of the refunding plan is
assured. Holders dealr^'Us of enjoying early benefits
of the plan are requested to deposit their bonds at
once with the MEKCANTILE TRUST CO.. of this
city.

Detailed circulars can be obtained on application to
MBRCANTILK TRUST COMPANY, N. Y.
ST. LOUIS* SAN FRAiNCISCO RY. CO., N. T.
or KIDDKH, PEABODY& CO.. BOSTON.

Indiana Blooniington & Western
SECONDS AND BASTERN DIVISION

FIRSTS,

BONDS,

assenting to the plan of reorganization, must be
deposited with the Central 'rrast Company (for
which ENGRAVED CKKTIUCATES are now ready)
on or before Jan. 15, 1H«7. After that aate bonds
win not be received except on payment of such
penalty ns shall be impised by ihe committee.
Only bonds actually depi'stted are entitled to participate in the proposed purchase of the property.
INCOMIS BONDi must be deposited on or before

March

1,

AND

2,

1^87.

Application has been made to list the Trust Company's ceitiflcateson iheNewYorlc Stock E.xcbange.
F. P. OLCOTl",
J. L. KARWKLL.
CLARKE,
F. O. FRENCH.
J. R. MAXWELL, Purchasing Committee.
J. D. Campbell, Secretary. 115 Broadway, N. T.

DLMONT

ATKioXERN
ic
NORFOLK
ROAD CO.— Treasukeh's Office,

NCT STREET, HalLAIiELPHIA, Nov.

iJO,

Bondholders, to avtiil hemsel ves of the benefits of
the MatheaoD-Palmer reorganization agreement of
Oct. 13, 1886, are required to deposit their bonds
without delay in the Union Trust Company, No. 73
Broadway, Hew York, aKaiUiil Its negotiable receipts
t

therefor.
Messrs. (Jeo. B. Coe, Kxsteln Norton and Joseph
D. Potts have been agreed upon as the Purchasing
Committee, to whose order the bonds will be deposited.
Only deposited bonds are entitled to participate
in the subscription for new bonds or in the reorganization plan. The custody ol more than a majority
of the bonds has already been secured.
Bonds can be deposited until Jan. 27 without
charge.
copy of the Agreement Is filed with the Union
Trust Company, aud bondholders can receive copies
of the Trust Company and of the Secretary of the
Railway Company, S2 Nassau Street, and of the
members of the committee.

BOUetHT AND SOLD.
ir ANTED:
Toledo Ann Arbor i, North Michigan Ists.
Southern Cent ral Isrs.
Ulddletown Uninnville & Water Gap 5s.

B.

The

S>9

Investors'

234 La

tjds.

HA«HFIEI<D,

No.

Ptne

8trte«f.

Agency,

Salle St., Cblcago, lU.,

M. L. SCUDDEE, Jr., Proprietor,)
ANSWERS INQUIRIES CONCBRNINa

American Stock§ and

Securities

Large Library of Railroad Documents.
Competent £.xperts.
Coitfidentlai Reports.

Moderate Charces

John
41

F.

Douglas,

& 43 WAIiL STRBKr,
NEW

The above Company uegotlatcs mortKage*
on Improved Real Estate worth from tliree to
Ave times the amount ot the loans. Xli»
Mortgages are for Ave years and draw six
and seven per cent interest.
It also offers its ten-year Debentures, drawing six per cent Interest, which are direct
obligations of the Comiiany. They are issued
in series of $100,000 and secured by an equal

amount

of First Mottgages on Improved Real
Estate deposited in trust with the Mercantile
Trust Company of New York City. They are
further secured by the entire paid up capital of
the Company, amounting to $1,000,000.
tercst and priueipal payable at Meroantll*
Trust Co.
Write for further information and retereno©
to our otllecs at Kansas City, Mo., or to

CRA\rFORO,

A. D. R.

OR TO
Messrs.

Managers,

CO.,

Wm. J. PALMER.
The undersigned have accepted the appointment
as members of the Purchasing Committee under the
Matheson-Patmer Ri^orgauization Agreement of
Oct. 15, 1886, aud bonus can be deposited to their
order as stated in the foregoing notice.

DatedDec.

6,

1880..

GEORGE

S.

MORGAN & RRENNAN,

27 Custom House Street,
ProTidence, R.

6, issti,
3t

YORK.

IMTESTMEMT M3CURITIES

Manager,

411 Walnut St., Phlladelpbla.

A

MATHESON

R. CONKLIN, Scc'f.

»ia. F. SHKLLEY, Trean'r.
GEO. W. McCRARV, Counsel.

I.

Massasoit House,
SPRINGFIELD, MASS.
THE BEST APPOINTED HOUSE IN WESTERN
NKU ENGLAND.
Convenient for the tourist or business man. Near

COE,

Union Depot.

KXSrEIN NORTON,
JOSEPH D. POTrS.

W. U. CHAPIN.

Fifth

1886,

Investment becurities

AI.BKKT

ROLAND

Wal-

To holders of bonds of the .-^outhside Railroad Company, maturing January Ist, I'-S?;
The holders of $10.\0(H) First Preferred 8 per cent
and ^93,000 Sect>nd Pieferred 6 per cent Consolidated Mortfjage Bonds of the Southside Railroad
Company, maturinfjr Janusry 1, 1887, are hereby notified that the same, together with the six months'
interest coupons thereon, then due, will be purchased and paid for at p;.r at maturity, on the presentation of the bonds and coupons at r.nis office.
Interest on said bonds will cease on that date.
ROBKKT W. S.MITH Treasurer.

Indianapoiin & Vin'-ennes Ists and
tioloto Valley iiouOh, all Issues.

8.

OF THE

RAIl,3SS

Room

Mexican National R'y Co.

Dated Dec.

g>I,0U0,00O

SAinijEI. W. JARVIS, PrPii't,
KDWIjy K. ^VILSON, 1st Vlce-PresU.
HJblNRV P. MORCAN, 2d Vlce-Prea't.

Co. StociiB

TO EONDHOLDEBS

1887.

Holders o( STOCK are required to pay to the
ONE-HALF
Central Trust Company TH11C!E
PEK CENT of thrt par value of their holdings on or
before Feb. 1. Ib87, and the like amount on or before

March

& Amusement

66 Broaduray,

Secrtrtary.

Holders of Atlantic & Pacific Railroad Co. First Mortgage Six Per
Cent Bonds

Capital Paid ITp

Flue Street.

GEO. R. RIPI.ET,

To meet the requirements of the Stock Kxchange.
bond has been newly engraved and the new
bond is ready fur deUvery. The holders are reqnested^o send them to WInslow, Lanier A Co. New York
H. P.

1 1

Staten Island Securities
A SPECIALTY.

this

J.

Jarvis,

CAREFUI. LNVKSTORS,

Reeeive deposits subjeot to cheok at alcht and
allow Interest OQ daily balances.

bonds constantly on hand for sale or exohaoge, and

Conklin & Co.,
KANSAS CITY, MO.

SUITABLE FOB

TranMot A general banking bosineu. Including the
porohase aud sale of securities listed at the N6W
York Stock Bxctaange, or In the open market.

QoTemment,

Jarvis-Conlclin

Railway Bonds.

BANKERS,
No. »S

'^innncinX.

^tiiauctal.

&

S. Ives

[Vou XLHI

TO BONDHLDERS

Avenue

HOTEL,

NEW YORK.

IHadUon Square,

Mexican National

Kj

The Largest Best Appointed and Moat Liberally
Managed Hotel in the City, with the Most Centru

Go.

and DeliKhtlul Location.

The agreement

for the reorganization of the

ican National Railway Company, executed between
Messrs. Mathe^on & Co., of Ljndon, and General
William J. Palmer, of New Vork, dated Oct. 15, IS86,
haylDgbeeen adOt>tea by this committee, bondholders are now notified that they shouid deposit their
bonds with as little delay as possible in the Union
Trust Company, subject to the order of the Purchasing Committee—George S. Coe. Kckateln Norton,
and Joseph D. Potts.
As the execution of this plan involves many matters wherein assentii g bondholders have powers
and rights other than those which are held or exercised by the Purchasing Comuiittee, this committee,
at the request of a lar»^e number of bondholders,
continues its organization aud will represent bondholders collectively, in order to protect such powers
and rights and aid the execuLion of the plan.
Bondholders, ihereiore, who desire to he so represented are requested tj sign a proxy or power to
that effect to this committee.

Bondholders repieseutcd by this committee will
be notified at the proper tim j of their pro rata rights
of subscription to the new securities and of any
other privileges.
Copies of this power and any further information
desired can be had by. applying to ihe Secretary of
the committee, W. W. NJKVI.N, 33 Nassau Street,

New

UlTCUCOCK. DARLING &

Mex-

John

G.

Mooke.

W. K. Kitchen,

Moore

&

g. B.

CO.

Schlbt

Schley,

BANKERS AND BROKERS,

BBOAB STREET, NEW YORK*

36
73

WaU

^Branch offices;
St.,

lU

N. Y.

So.

Third

St..

PlUla.

Connected with

EVANS & Co.. Boston,
CoKSON & .MAtAitiyBT, Washington,
E. L. BUEWSTfeR A Co.. Chicago.
liUBBAiu) & Fau.mi.r, Hartford.
I.

D.C,

Private Wire Connectmns.
Buy and sell Stocks, Bonds and MiscellaneoQS
Securities on New York Exchanges; also Grain and
Provisions on Chicago Board of Trade.

Spencer Trask & Co.,
BANKERS d BROKERS
i6 and i8 Broad Streec, N. V
Albany, N.Y.

Providence, R.I

Saratoga.

Transact a General Banking Business,

Yorfe.

SPENCER TRASK,
SKLAH CHAMBERLAIN, Direct Private Wires to eacli oilice and to
JOHN DK RUYTER, IrBNRY AMY,
PHILADELPHIA.
GKORGJE BURNUAM, CUA. LBS J. CANDA,
BOSTON,
SAM DEL B. PARSONS, WM. E. D. STOKES,
AUGUST RUTTEN,
Committee,
WOECESTEB.
'

]

A.

xtmt
HUNT'S MERCHANTS' MAGAZINE,
fiEPRSSENTING THE INDUSTRIAL

VOL.

AND COMMERCIAL INTERESTS OF THE UNITED STATES.

SATURDAY, DECEMBER

13.

CONTENTS.
Hew

759
760

Grain Receipts anl
Trunk-Uoe Earnings
763
Y.'ik

BaUrowl EamiOKS

Monetanr

and

EnffUah

News

Commercial

Commercial and Miscellaneous

News

764

Wuk BnMnt

766

761

Tarn CoMJCEBCTAi, and Fisanciax Chronicle w published in
NeiB York every Saturday morning.
ISataredM tbe Post Offloe, New York,N.T.,asseoondola8s mail matter.]

Terms of Snb«crIptIon—Pajable in Adrance
ForSlz Mouths

$10 20
6 10

do

Eiirop«<an Sultsortption (InoluillnK postage)
11
Annual subscription in London (Inoiadlng postage)
X2
Biz Hua.
do
do
/lo
«l
Thaaa prioea Inelnde the Ihvestobs' StJPPLEMKNT, issued one*
OPth s, and (umlatied without extra charge to subscribers

28
78,
Ss.
In two

of the

Week Enatng Dec

Dtc. 18.

1888.

NowTorli
SalM of—

ForOne Year (InoludInK postage)

Per Omt
+22-4

$860,761,302

+ 15-8)

(8,133,849)
(l.i'46.U00)

t811,893,574

(8,973.205)

(3,430,371)

{Cotton. .'.bata.)
(Orain. .btutuU)
iPetroleum..bbU.

(672,400)

(451,600)

l-10.8rt»,UOO)

(43,601.000)

7)

(64.8 -3,000)

(+10-5)
(+97-8)
!+67-8)

(3t>,WS1.0U0)

(46,M9,000)

,-ia-S)

(67,319.000)

(+11-2)

$96,912,468
8.<33,6jU

+14-1

$88,122,431
6,054,700

+4-7
-8-4
+16-8

1,157.102

184,906,642
5,429,700
1,499,052
1,137,021

876,943
903,235
911,415
587,432

8<M,749
796,377
1,011,796
560,303

+1-4
+13-4
-9-9

+48

878.902
801,063
640.709

1108.210,930

196.205,640

+12-5

$99,660,034

t68.9l2,5S0
9,243,359
13.060,055

154,187,427
7,487,335
11,683,988

^27-a
+23-5
+11-8

$63,348,550
10,278,552
13,137.025

+442

(91,215,914

$73,358,750

+24-8

$t8.T62.127

+20-9

153,231,812

+8
+278

$61,636,677
11,333,100

+1-7
+0-6

4,676.349

+17-8
+15-9
+11-7

3,t<(«.173

+S6a

+1180
+22 8

8,621,27]

.

.

'

Boston
ProTldeQoe,^
Hartford

1.828,685

New Haven
Portland
Worcester
dprtDKtteld

Lowell
Total N. BnglanH
Plilladelphla

(

(-H8-9

1-8

-36
+8-7

Clnolnnsti

9,l'e4,e00

Milwaukee

4.080,818

Detroit

3,.538,237

Indlanapolti..,.

1,559.612

Clereland

2,669,1

Columbas
Peona

1,636,121

+ 3-9

77t<.440

+ 34-4

Omaha....

3,047,030
8,353,509

Q.

fLOTO.

>

DAKA

^k

NEW YORK.

81 William Street,
Post Office Bo.x 958.

CLEARING HOUSE RETURNS.
In tbe ag((regate the bank exchanges for the week ending
18 are of a decidedly satisfactory character, the
preeent total exceeding that for last week by $143,785,951,
while being at the same time larger than in any week in the past
four years, and exceeded only half a dozen times during the
year 1882. The increase over the previous week of the current
year ia, of course, almost wholly at New York, the gain at

December

that city being a

little less

than one hundred and thirty-three

millions of dollars.

With the exception

of Providence, Springfield

Pltubarg
Baltimore

Total Middle....

l,66t«,291

+ 18

iOan

79

11.

PwOen*

1093,536,166;

Ctaiaaso

A

1886.

iStock$....»hare$.)

SaliMrlptlona will be oontlnaed until definitely ordered stopped. The
responsible (or remittances unless made hj Drafts
Orders.
dmU file cover is rnmlshed at 50 cents; postage on the same Is 18
Mats. Tolnmes boand for subHcrlbers at SI 00.
Ic Co.. Pabllsliera,
WnXIAM B. DAXA I WILIilAn R.

yddJahen cannot )>e
«r Post Ofloe Moner

S

1,122.

two years) would leave the clearings ascribable to other business $069,5.53, 166 in 1886, against $373,179,574 in 18S5, or aaexcess of 53 '6 per cent.

THB CHRONICLE.
CleailnK-HoaM Retarns
T^m Flnnaclal Situation

NO.

25, 1886.

1,260.7)9
l,163,i29

+14-8

+201
+27-6
+0-8
+13-3

+293
+ 46
+10-8
+11-9

2,901,723

+23-6
+31-2

S,C33,«15

+112-4
+87-4
+39-8
+40-8
+80'1
+48-5
-0-4

185,981,834

+ 15-4

$104,874,208

~^23-g

$15,355,707
971,334

+16-6

New Orleans

12,936,950

+80

LonlsvlUe
Kansas City

4,492,583
4,220,124

+105
+711

$17,772,993
1,037,922
12,214,073
6,077,518

Minneapolis...

Denver
Total Western..
Bt Lonli
at.

Joseph

and Galves- Memphis

1,831,620

Galveston

3.193,928
2,129.613
1.039,971
5,146.»72
4.525,539

+809

+ 66-4

7,003.04)
2,8«7,n8J

+68-6
-1-7

+10-8
+19-7
—3-4
+24-0
+41-7
+73-8
+0-1

2,177,232
2,333.234
ton (where unimportant losses are exhibited), all the clearing
+21-2
+13-6
Total Soathem..
»4l,9S8,750
$40,296,465
houses record gains over the corresponding period of a year
+64-7
$11,646,973
+S5'7
$14,931,98
ago, and in many casea they are very large. In the whole San Francisco
Total aU
+21-2
+15-8
$1,216.096.1
tl,120.775,531
country the increase reaches 31 '3 per cent, and outside of New
+li)-7
t355.344.i-3'
York ia 18'3 per cent. To show the relations the present Ontslde New Tort •365.315,923 1309.181.947
Our usual telegraphic returns of exchanges for the five days
figurea bear to those for a series of years we have prepared the
endiifg with Friday evening are given below. In 1885 Christfollowiog:
mas fell on Friday, so that the comparison as made is between
1883.
1883.
1884.
1889.
1888.
Wuk Der.lS,
five days this year and four days a year ago.
Making due
*
»
(
«
allowance, however, for the missing day, there would seem to
840.737.967 ,080,629,8«» ,123,423.384
l.ia),775.831
Ac*T«cai«
m.34e.923 8011,181.947 288.886.350 88J.147.2T0 294,»07.4><s be an increase this year in the whole country of about 1 pet
Ostalds N. T..
From the above it will be seen that in all ca!<es this year's cent, and a gain outside of New York of about 15-5 per cent.

an increase, the percentage being greatest when
contrast is made with 1S84, reaching 656 per cent.
Of course a considerable portion of the increase in clearings New York
at New York during the week was due to the panic on Wall Salet of stock
Street and its accompanying heavy stock operations. The Boston.

Five Davt BruUnt Dec. 24.

figures exhibit

1888.

$304,788,528
(«lu.)

Philadelphia..

dealings In listed shares on the Stock Exchange on Wednesday Baltimore
tone almost reached 1,100,000 shares, and transactions on and CbloaKO
St. Lonls
ontaide of the Exchange in unlisted and miscellaneous proper-

.

New Orleans...
kinds were also of large proportions. Estimating in
Total
we
do
not
transactions,
of
the
value
market
oar rous(h way the
Balance. Country*
value
of
the
oorer all these, but deducting double the market
Total all
tnnaactions in listJ-d shares on the New York Stock Exchange Outside ^ew Vor»
in
respectively
the
* Bstlmated on
were |311,993,000 and |319,307,000
ties of all

(which

Per Omt,
$505,234,084 ~+10-7
1888.

(1.729,561)

(1,317,928)

(+31-2)

73,379,915
68,0i3,544
10.221,832
43.618,000
14,348.683

53.144.074

+3S-1

37,800,982
7,414.397
83,698,000
11,038,164
8,340,394

+ 47-2

ll,530,i!95

5

O'W

Utut'u Dec. 17.

1888.

PfrOmt

$848,812,110

4 6.1031

(+21-4)

80.340.283
66.600.414

+211

|3

+37-9

11.138.515

+288

4'?.UH.0ii0

+30-0
+88-4

14.992,220

12,095,182

+12-5
+1B'8
+S-0
+30-1
+8-8

+23-8
+34-6

$1,071,692,703

42J0

82.49-J,764

+31-7

$716,520,035

+21^

(1,154,101,46)

~-f2a^

1211.285.931

~S6 8~

«.30.^.H7M.38i

$812,930,396
80,K63,572

$656,460,075

$S93,793,0H8

t2W.02S.440

60,050,960

the basis of tUalastweeklr returns.

THE CHRONICLE.

760

[Vou

XT.TTT.

our easier money market, though mainly to an expectation

THE FINANCIAL SITUATION.

of demand resulting from sales of stocks for Eiropoan
There has been a complete change in the monetary account. Bat on Tuesday when it was seen that the
condition and outlook this week.
As represented by inquiry was not urgent from any quarter rates fdU back
bankers' balances, loans have ranged between 8 and 2 per again, and on Wednesday the market had a drooping
cent, averaging about 6 per cent, against a range of 3 and tendency, mainly because of the insignificant demand and

186 per cent, with an average of about 25

The

week.

demand
accounts,

recently

has

per cent last

chief cause for this transition is the reduced

resulting

from the liquidation

particularly

largely

been that

in

the

iaflated.

the

supply

Another
of

funds

speculative

in

properties

which

cause

has

of

been aug-

Thursday and

bills.

yes-

terday there was a steadier tone, but no change in rates.
Exports now cover liberal shipments of naval stores from

were Southern ports
course

commercial

liberal offerings of

well as

as

and breadstuffs.and as

cotton

imports continue on a moderate scale the trade balance
just at present very considerably in our favor.

is

There is one feature that parvades Judge Beckham's
mented by (I) the arrival of about 2^ millions of gold
(which was speedily made available through advances decision, made public this week, in the matter of the

bv the assay office), (2) by the payments of
and other disbursements by the Government, and
(3) by an increased inflow of money from the interior
early in the week (aggregating $1,740,000,
against
$638,000 last week), due probably to the high interest
As regards the
rates which had been prevailing here.
immediate future any material alteration in the conditions
There will undoubtedly be some
is not anticipated.
changes in loans during the coming week in preparation
for the first of January dividends and other disburseBut there must be now not less than 9 millions of
ments.
gold afloat from Europe, a good part of which will arrive
early in the week, and if advances upon the consignments are made by the assay office, as is probable, the
gold will become immediately available so that any possible urgency in the inquiry will be promptly met.
The unsettled condition of the foreign money markets
resulting from the disturbance here, appears also to have
ended, though with New York quotations for foreign exchange still low, rates for money have not returned to
Discounts of 60 day to three months
previous figures.
bank bills at London are now 4^ per cent with no change
in the Bank minimum; but the anticipated rise by the
Bank of France has not occurred, and the rate remains as
The resignation of Lord Churchill from the
heretofore.
British ministry, which was announced on Thursday, temporarily depressed consols, but it had no effect on money.
There was an inclination in some quarters to draw
from that event an inference that foreign affairs
were strained, which gave new force to the rumors almost
daily received that war on the Continent is inevitable.
upon

it

interest

Broadway Surface Railway Company, which
very satisfactory to

prove

will

We

conservative classes.

all

speak of

we

as satisfactory because

feel that any determination
which weakened invested rights
attaching while the company was undeniably in existence,
or that left any cloud upon tbe title of the bona fide holders of its mortgages and contracts, would have been unfortunate and disturbing.
We have a principle of law, whicil
it

of the questions involved

has passed into a proverb, that

men

be punished.

visiting

to

higher
short

fall

ground)

of

upon a thief than to
any one who in good faith
under the semblance of its
of

has accepted a contract

This was the defect of the laws of

annulling the

it

purpose

its

justice

full

imperil the property-title

authority.

say that as a matter

no

taking

better for a State

of

we may

Similarly

(even

policy

of
is

that ten guilty

better

it is

should escape than that even one not guilty should

Broadway

winter

last

which were hurried

charter, &c.,

through the legislature under a choleric impulse based

upon

The

rightful indignation.

conceived

was

consequently

ignoring entirely the proleetive

which they were
wholly

spirit in

the

punitive

— idea of

It could

justice.

when

came
upon the equities involved, it should find how
imperfect and lop sided a piece of machinery it was called
upon to put in motion. Consequently and most naturally
the first act of the Judge has been to supply the missing
part, and as a mechanic would say, to establish the interrupted communication and so gear up his machine.
not therefore be otherwise than that

the court

to pass

No

attempt

made

is

in

adjudication

this

deter,

to

It is held, howmine who are the bona fide creditors.
8tiU we think the opinion of the best informed is that ever, most distinctly that the road had the right to mortNo one denies the threatening gage and that under the power of repeal a legislature
war will be averted.
aspect and general irritability prevailing among all the cannot invalidate and render worthless mortgaged debts
F'urthermore it is stated that the
powers, while the state of armaments makes each country validly incurred.
But the breaking annulling of the charter does not take away the property
look as if it were spoiling for a fight.
out of general hostilities would involve such frightful mortgaged, and prominent among that property are (1)
risks and open up the possibility of such wide results that the franchise or right to run cars over the route, and (2)

we can

probable.

the consents of the property holders and locil authorities,

This view finds some support, too, in the condition in

which the constitution now makes a condition precedent

scarcely think

the occurrence

at all

which the Bank of England gold reserve is allowed to reIf war was so imminent it seems as if steps would
maiii.
It stands to day at
be taken to increase the balance.
£19,159,733, the lowest point since February 2, 1882.
The net loss the past week was £784,000.
A private
cable to us states that this was made>up by receipts from
abroad of £61,000 and by receipts from the interior of
Great Britain of £202,000 and by exports principally to
the United States of £1,047,000.
Foreign exchange has continued quite irregular this
week. After the recovery from the unsettled condition
caused by the events of last week, there was a steadier
tone, but no large i=:^.iiry.
There was to be sure Monday
afternoon an advance of half a cent per pound sterling in
the nominal rateSj but that was in part in response to

a

to

are

completion
stUl

to

liable

such

at

these

The

and

of

subject

be

sold

sale,

lien

under

corporation,

also upholds the

with other roads.
rate that point of

these rights

the

of

foreclosure,

a

if

Hence

charter.

the

other rights and

all

decision

the
to

the

mortgages,

purchaser

succeeding

to

property mortgaged.

traffic

agreements made

But we have not space here to elaboThere is, ho ivever, a moral,
the case.

not stated but implied, in this decision for our law-makers
to

heed

if

they

will.

No

difficulty exists against

ing and limiting charters

Heretofore, however,
best

make

guard-

the Legislature wishes

chief study has

been

how

it

to.

can

the biggest splatter after evil has been wrought

under the authority
attention

its

if

to

it

grants.

points of this

kind

We
it

have often called
could guard and ta

Decembeb

25, VSUb

THE CHRONICLR

]

wrongs 11 could prevent but then that would take away
from the opportunity o£ scolding corporations, such a
;

on

761

was more than twice as much, or 1,161
Though this applies only to the eaat-bouud

local business

thousandths.

among the less enlightened traffic, the result on the west-bound business is
permitted to exist, and in moments practically the same.
Remember, too, that the average
of indignation statutes are framed, and to the court is cost
moving a ton of freight
to
the
road of
powerful

political

S3 the

elus.

influence

evils are

It is a maf (all kinds and classes) a mile in this period was 581
remembrance that our judges seem almost thousandths of a cent, or more than the average received
always to prove themselves equal to the task.
on the through business. It follows therefore that if
Action on the Inter- State Commerce measure which has compelled to choose between making the through rate or
caiued so much uneasiness and discussion, has been deferred the local rate, the basis for all rates, a company could have
ontil after the holidays.
In the meantime Senators and no option other than adopting the local rate, or else stop
Representatives will have an opportunity of consulting operating the road.
Adopting the local rate would be
their constituents with reference to the bearing of the equivalent in the case taken to adding six-tenths of a
more notable features of the conference bill.
Permit us, cent a ton a mile to every ton of through freight, which,

left the

job of putting the equities into them.

ter for grateful

then, to

make one

or two more suggestions with regard to

the loDgand-short-haul clause for our legislators to carry

home with

We

assume that every neighborhood
is in this matter looking out for itself solely, having in
lew the single object of getting its stuS to market at the
lowest possible cost
To market of course means
to
Liverpool,
for
the
prices
of
Western and
Southern productions are governed by the rates ruling
there.
To give a familiar illustration, within the comprehension of everyone, if 5 cents should to-day be added to
the cost of getting a bushel of wheat from Council BlufEs
to Chicago, that additional cost would not raise the pric e
of wheat at Chicago and come out of the consumer, but
woold have to be paid by the owner of the wheat at
Cooncil Bluffs or the producer further West. Then again
if 5 cents more |>er bushel was added to the cost of
carriage from Chicago to Buffalo, and 5 cents more per
bushel from Buffalo to New York, all the wheat held at
or further West than Council Bluffs which had to come
over that rout(>, would have to pay the entire 15 cents
and all from Chicago 10 cents, and that much be deducted

from
take

the

them.

value

Council

of

Bluffs

as

we pointed out

lbs.

last

week, would mean 30 cents per 100

between Chicago and

additional to the existing tariff

New

York.

That, however,

is

not the worst of

it,

for, as

already said, the same rule would apply between Chicago

and Council Bluffs (about 500 miles more), and between
Council Bluffs and all other points further remote, involving in each case a corresponding addition to the cost of
bringing the cereal to the seaboard.
that at most points

the grain or let

it

it

would be more

rot in the

fields,

when

this fact

is

effect

must be
burn

profitable to

than to pay the trans-

would impose. We
Western reprehear from their constituents

portation charges which local

think that

The

rates

fully realizsd,

and Senators will
no uncertain way.
The speech of Henry W. Grady of the Atlanta Constitution at the New Eagland dinner this week, fits in well with
the wonderful progress that is at present being made in
the development of Southern industries.
Mr. Grady's
utterances breathe the spirit of fraternal feeling and
brotherly love, which since the close of the war have
marked the deliverances and the action of the vast body of
We the Southern people. To those who have studied the
wheat at those points.
the starting point because South and have watched her course
those, who have had
as

Senator Wilson of Iowa

sentatives
in

—

the

Senate

—

no object in distorting or falsifying facts Mr. Grady's ferthis week in favor of the bill, took that as his starting vent assurances of loyalty do not come in the nature
point, stopping, however, very conveniently at Chicago, of a revelation; but at this juncture, when the Southern
in his speech

in

where we presume he expected to get the benefit of the section is the scene of industrial activity never before
present market out of those innocent Cbicagoans. But as witnessed in that part of the country, his acknowledgethis is a large country and does not begin at Council Bluffs ment and declaration that free labor offers greater and
nor end at Chicago, he has inadvertently used an illustra- grander opportunities than slave labor ever could have
The law offered, is at least noteworthy as evidencing the current of
tion which is very defective and misleading.
when it takes effect, acts alike on all roads from the thought that is dominating the men of the new S juth.
The residents of Nebraska, Colo- The "new" South ? It is indeed a new Smth. la more
Atlantic to the Pacific.
rado, Dakota, Kansas, &c., &c., are the Council Bluffs men senses than one does it differ from the South of 25 years
Not only politically, socially, and economically, has
that Mr. Wilson is going to make pay 15 cents more to ago.
constituents
own
his
a
vast
change
taken place, but the South has learned many
evident
is
while
as
get across lows,
because
operation
also,
things
as
how
to
to utilize her vast and varied resources
in
the
lose
but
cent
a
do not save
price
the
accept
best
advantage.
It is only a few weeks since Conit
has
to
to
Chicago
gets
to
wheat
the
after
ruling in New York and Liverpool, less the cost of car- grftMmu-i William D. Kelley, after a visit to that section,
gave testimony to a newspapar reporter of the proriage to those points.
be claimed that the bill will not make the gress there being made in the production of iron,
think we proved and this week the
Tribune of this city has pubthrough wheat cost so much more.
the
it
by
lished
long
illustrating
a
interview
with General Willard Warner on
week,
last
that point pretty clearly

But

it

may

We

last ten years' traffic

operations on the Cleveland Colum-

Every one knows, to3,
bus Cincinnati
States is all the time
Western
remote
those
from
grain
that
being brought to market at rates which, if applied to the
whole traffic of the roads, would not pay their running
Recall the few facts we last week cited; simiexpenses.
systems. Taus
lar results can of course be given for other
good
embracing
years,
ten
of
period
wa found that in a
war
railroad
of
times
and
peace
of
times
and bad seasoiis,

&

Indianapolis.

the same subject.

General Warner, speaking for himand those associated with him, says that in Alabama, Georgia and Tennessee the supplies of coal, iron
and limestone are practically inexhaustible, and he estimates that in 1888 the three States mentioned will produce no less than 1,500,000 gross tons of iron. Referring
self

to the figures

for

1885

we

find

that in that year these

same Slates produced only 376,394 tons all told. The
difference between this and a production of a million
comparison
the and a half tons, marks a degree of progress that speaks
of
basis
reliable
very
a
affording
hence
development going on. As a result of
average rate realized on east-bound through freight was volumes for the
ton per mile, while that this development new cities are springing up on every
per
cent
of
a
thousandths
566
only

—

THE CHRONICLE.

762

Atlanta no longer stands in solitary grandeur, but
surrounded
by a galaxy of flourishing cities within
is
Birmingham, Sheffield, Chattanooga.
railroad embrace.
side.

Tecumseh and South Pittsburg

— these

[Vol. ZL.ni.

and European as well as American investors continue
buy our good securities and to believe in them. The
chief fluctuations of the market j ust now are due to reports
tion,

to

at once the

as to present or prospective action of Congress on various
and the matters of importance. The postponement of the Inter-State
measure till the 4th of January was followed by immediate
new prospect.
Railroad earnings continue very favorable, and the recovery of tone, while the adjournment of Congress over
statement for the second week of December which we the holidays exercised a like beneficial effect upon all
It is a striking comgive on another page is by far the best we have had for financial and industrial interests.
some time. Only six of the sixty-five roads reporting mentary upon the public estimate of the uses and abuses
show any decrease, and the losses on these are so insig- of Congress, that business men always feel easier when
if only temporarily.
nificant that the total for them all only reaches $10,- that body is out of the way
Work
328, against which the remaining roads have an increase thus far appears to have been limited to the firing oS of
of $690,024, leaving a net gain in the large sum of $679,- one or two resolutions of inquiry or investigation aimed
It is only fair to say that the at the Secretary of the Treasury and the banks, and these
696, or almost 16 per cent.
significance of this heavy increase is diminished some- have been so industriously used by speculators for their
what by the fact that in certain sections of the country own ends as almost to suggest that they were privy to
Money has been comparatively easy
traffic was delayed by snow and cold weather in the first their introduction.
week ot the month, so that part of this traffic ought and loans less difficult of accomplishment hence depresprobably to be counted in the second week; furttier, in sion from that source is no longer felt. The business
second week
this
last year
some of the roads, situation continues unchanged.

evidences of

new growth,

ttie

new

the

are

conditions,

—

—

The following statement, made up from returns colby us, shows the week's receipts and shipments of
for all these facts, however, the exhibit is nevertheless a gold and currency by the New York banks.
very satisfactory one. The Pennsylvania November state
RecHve&by
Set Inttrior
Wm\ ending December 34. 1886.
ment, out this week, is also encouraging. To be sure, the
S. Y. Dankt. H. r. Banka
Movement.
11,740,000
»3.i)I7,000
LO8S..J2.177.000
net of the Eastern lines are not quite up to those of a Currenor..
GoW
year ago, but that is simply because of the heavy augmenthough by no means

make

all,

had

which of course
Allowing

losses,

gains

tends

to

tation

in expenses, they being $465,243

the

present

larger.

lected

Total Koldandleaal tenders..

larger than

11,740.000

t8.9l7.000

U)38. .12.177.01 (>

a

The above shows the actual changes m the bank holdyear ago.
The same feature was noted in the returns of
ings of gold and currency caused by this movement to and
the months immediately preceding.
As then stated, we from the interior. In addition to that movement the banks

know

of no

reasons for this very heavy increase

have gained $2,000,000 through the operations of the
and hence assume that the Sub- Treasury and $3,900,000 by Assay O.Bce payments for
management (as is natural in good times) are spending in- gold imports. Adding these items to the above, we have the
following, which should indicate the total gain to the New
creased amounts for betterments, renewals, &c.
But
York Clearing House banks of gold and currency for the
whatever the explanation, the fact of chief importance is week covered by the bank statement issued yes'.erday.
in

are gaining so largely, the in-

November reaching

for

growth

account,

earnings

gross

that the

crease

special

expense

the

company's

the

in

"Western lines the result

is

also

indicating

$375,679,

On

business.

quite

the

satisfactory, for

Wetk mdinf

DeeeTttber 24. 1686.

Into Banke,

Out of Banks.

N«t Change in

fl.740.0O0

t3,017,')00

Bank Holdings.
Banks* Interior Movement, as above
Sab-Treauury oper.aud gold Import

Total KOld and

while in November, 1885, these lines showed a deficit of

The Bank

tenders..

leiral

of

la.ow.ooj

8.0J0.000

Loss. »2.177.000
Gain.. 6,UDD,O0O

tis.oio.oaa

Hl.OlT.OOO

Q-iln .#3.723,000

England reports

£784,000 bullion
$48,632 below the amount necessary to meet current
during the week. This represents £986,000 net sent
liabilities, this year they show a surplus of $27,396.
The abroad and *202,000
drawn from the interior-, Tae Bank
lollowing is a comparison of results for six years.
of Fiance lost 18,250,000 francs gold and giineJ 1,650,000 francs silver, and the Bank of Germioy, since the
Lines East or
I88B.
1886.
18S4.
18S3.
13S2.
last report, increased 11,600.000 marks.
Tae following
PrrrsBDRO.
Novetniier.

•ross earnintfs

Operate exponses.

t

t
3,971,539

3,950.937

2,355,254

2,475,228

4,473,479
2,818,3 i2

1,628.721

1,818,285

1,475,71

l,85?.ir

Net earnings...
WOBtero linos

-f27,P8«

—18,832 —212,105

—52,10s

1,263,606

1,801,761)

4,378,s25
2,771,46t

t
3.840.215
2,379.871

1,602.382

1.480.311

-1-330,303

-1-181.331

this

.

.

l0.361.30i) 14,7r9.068| 16.813.672 18.153.873 C7.2J7.574 16.211,181
-1-22.455

-1163.191

For the eleven months
lines

to

November

30, gross earnings

have thus increased nearly

Oold.

aUver.

Silver,

M
Bfuib of EngUuul .....
Baok ot France
.
Baak ol Qermany

20.302.513
19.159,733
50.113.184 45.776,186 46,694,236 13.583.547
18,150,210 16,100,790 14.260,500 17,42:1.500

Total this weei
total previous week

37,429, 127|61,876,97e 31,257,3 29 61.019,047
88,636,887 61,533.443 sl,G11.813 )1.279.354

—731,131 -1-1110,803 +1911,2S1 -1-2710,008

18.383.73.') 13.81fl.N7;!l3.212.541 19,28:1.67.) l!l,15-i.838 18.1151.189

on the Eastern

Dec 24. 1«SS,

Dec. 33, 1886.

1,621.075

Jan. 1 to Xm. SO.
Gross earnttiKs
45,930.852 41,568.315 44,797,0*3 47,242.731 44 9:2.857 40,392.427
Operat'g expenses. 2.».08B.'62 26,792,277, 27.853,91 1 80.089.86 27,674,083la4,181,21«

Resnit....

banks

Bold.

Result

Net eamtnurs
Western lines

amount of bullion ii the principal E iropein
week and at the corresponding date last yeir.

indicates the

t

%
4.at7.218
2,820,49"

a loss of

4 J million

the net have increased $1,585,232.
On the
Western lines the improvement amounts to $1,187,646
which added to the gain on the Eastern lines gives a
dollars;

total gain in the net of the entire

system of $2,772,878.
market this week has very naturally been

The stock
dull and irregular, with prices see-sawing up and down
from day to day. The panic of last week ceased to be a
disturbing influence, except so far as any such occurrence

always has a quiet period following in its wake, furnishing thus the opportunity as the event does the need for
reflection.
There has been no real weakening of confidence, either here or abroad, in the strength of the situa-

.

The Assay Office paid $205,981 througli the Sub-Treasury for domestic and $3,893,295 for foreign bullion during
tbe week, and the Assistant Treasurer received the following from the Custom House.
Oonxitling

DiU.

Dutiet.
aoia.

Dec. 17

"
"

20

"

21

"
"

22.
23.

18.

rotal

«325,987 65
282.815 47
190.265 28
499.0,^7 97
597.803 66
5^3,772 75

$2,500
2,000
3,500
8,500
2,500
3,000

$2,418,707 78

»22.000

U.B.
NoUl.

of—

Bold

Silver Oer-

Oerti/U':

ti.HeateM.

$197,000
134.000
110,000
33 1,00 j
402,000
307,OOJ

$63,000
50,000
33,000
67,000
78,000

S450.000 $1,534,00.)

$409,000

$60,000
47,000
44,000
87,000
114.000
88,000

Included in the above payments were
coin, chiefly standard dollars.

UJ.OOO

$7,000 in silver

Decb>[beb

THE CHKONIOLE.

25, 1886.1

XSW YORK

GRAiy RECEIPTS AND TRUNK
LINE EARNINGS.

400,000

763

bushels, that of

the

Erie over 500,000 bushels,

and that of the Central more than 800,000 bushels.
But as offsetting the decreasa in the volane of traffic,

Eastern trank lines no longer make such favorable
comparisons with last year on the earnings from the there is the gain resulting from higher tariff charges. In
through grain tonnage to New York as they have made most of the preceding months this latter was so great that
a mere ordinary falling off in traffiacoaated for very little
in other recent months.
are in possession of the

We

figures of the grain receipts at this port for

November, and

with them as a basis have prepared our usual statement of
the comparative gross revenue this year and last which this
cereal

movement has yielded approximately

five leading roads

—allowance being made,

to each of the
of course, for

the difference in rates between the two years.
is contained in the following.

The

against
is

1R85.

188*.

Ine. or nec.\

1888.

|

1 to

result

1885.

Xov. 30.
1

I

»

M»« Tork C«nlnl
cto

iii.ooo'

IM.OOO'

PMuuTlTula

43.0001

Dal. Lwk. *
WwtBlMVe

so.ooo'

West.

TnUI.

43.000

3H3.nno

Here we

fru;.

or Dec.

t
»
»
»
»
139,000 Deo. 23.000 1.471.000 1,814,000 Inc. 230.000
laO.OOODeo. 16.000 l.l.'il. 000 85S.000:Ine. 87J,000
81.000 Dec 18,000 545.000! 511.000 Inc.
1,000
14.000, iDC 29.000
55H,0OOj 2OJ.0OO,Inc. 358,00J
29.000 luc. ss.aoo 457.000 340,0001 1 nc. 1 1 1,000
I

I

SSH.OOOilne.

•lightly heavier earnings

from

!

roads as a whole had

this

grain

traffic to

York), or three

has continued through the whole of the

it

New

year

though in the current week an advance to 30
cents was made.
But though from the 23d to the 30th
of November the rate in 1835 was the same as in 1886,
for the 22 days preceding it was 5 cents less, the tariff
since then,

then standing at 20 cents per 100

lbs.

We

may assume,

whole mouth was about
year.
But that amounts

therefore, that the average for the

3 cents per 100 lbs. higher this
five

Nsw

For November the difference was only
slight.
It was on the 23d of that month last year that
the 25 cent rate on grain was put into force, at which

21.000 4.165,000 S.lW.rKWitnc. 973,000

see that while the

of things in this particu-

—a

cents a hundred pounds (Chicago to

figure
January

Now, the condition

dollars a ton.

APPKOXIMATB GROSS REVENUE FROM TIIROnOH GRAIX TOiraAOB.
yovtmber.

it.

changed

very impor'lant circumstance which it
behooves us not to lose sight of. In some months the
margin in favor of the present year has been as much as 15
lar

much

to only 60 cents per ton, against as

some

in

of the other months,

and

as $3-00 per ton

for the distance east of

York in November this year than last, three of the five
Buffalo to only 30 cents per ton.
Summing up, we find
show a decrease, the gain being confiaed exclusively to
the reasons for the less satisfactory results as to the earnthe two new roads, namely, the "West Shore and the
ings from the grain traffic to be (1) the increased proporLackawanna. How much more favorable previous results
tion of the movement taken by the canal (2) the increased
faave been can be judged from the exhibit for the eleven
amount taken by the Lehigh Valley, thus diminishing the
months ended with November, according to which it
amount over the five pool lines, (3) the gains by the new
appears that these five roads together gained no less than
lines, the Lickawanna and the "West Sbore, reducing to
$973,000 over their earnings in the same period of 1885,
that extent the business

of the three older lines, the Pennevery one of the roads recording an increase, the gain on
sylvania, the Erie, and the New York Central, (4) the
the Erie reaching S'273,000, on the Central $230,000, oa
diminished margin of profit in favor of the present year
the Lickawanna $353,000, on the West Shore $111,000
on the higher tariff charge. The following is our usual
the Pennsylvania being the only one having a merely
table showing ttie rec:ipts by each of the different rail
nominal increase $1,000.
routes and by water, and thj percentages o£ eash, for the
It will be asked what accounts for the less favorable

—

last six years.

Has

exhibit for November.

there been a falling off in the

NEW TORK BT ROUTEB DCRINQ NOVEMBEB.

RECEIPTS OF GRAIN AT

axrivaU of grain as compared with the same month in
November.

1885?

Tne

No, bat a larger proportion has come by cinal.

and water) for the month were not
and yet they were over 1,300,000
boshels greater than in November 1885.
But the arrivals
bj canal increased over 1,500,000 bushels, so that the
movement by rail declined. Scill, the total falling off on
the roads as a whole amounts to only 107,784 bushels.
It
is to be remembered however that in this total there is
included the " various" or miscellaneous roads, which this
year owing to the increased competition of the L'jhigh

N. Y. Cent.. .bush.

per cent.
bush

total receipts (rail

particularly heavy,

Valley carried

504,927 bushels,

against

only

155,283

Krie

Percent.
PennaylT'a..bush.

Per cent.

&

Del. L,

W..bush.

Per cent.
West Shore. bush.
Per cent.
Vurloua RUs.busb.
Per cent.
Total RU.. bush.

Per cent.
BlTer4coaatw.bo.
Per cent.
C»aa>..ft. ...bush.

Allowing
f .>r this gain on the outside roads, the movement on the five
roadi whose earnings we have figured above shows a
bushels last year, a gain of 319,644

bushels.

decreue, not of 107,734 bushels, but of 107,784 plus
In the case of the indi
319.644, or 457,423 bushels.
Vidaal roads the changes are even more

marked.

Per cent.

1885.

1886.

1,933.399
13-78

2,75D,.31.3

l.S 20.811

2.393,011

2108
18-M

1301
790,260
S-83
715,106
8-31

1884.

1888.

3,215,315
21 42

2,49A.lll9

1,933,882

2.S20.28.-

13-2i

1,222,752
9-60

915,039

283,658
2-23

68ii,512

6-10
S-88

2in
20-90
934,9;i0

842

489,077
8-88
156,283
1-2J

1,228,251
8-18

145.515

7.195.S91
51-27

7,303.178
57-38

7,939.88J
52-91

»,10t).141

271,93t

387.180

182,024

264.058

301

6,565.502
46-79

5,036,500
39-58

1-21

8,?8l,80O
45-88

26 88

3,103.390
20-75

1,880,455
14-18

1,501,683
10-02

1,124,335

81,424
0-44

38,137

8,814,769

6,604.481
48-85

818

1-88

604.927

1-91

27-85

1881.

3,561.654

208,187

1.394.891
8-91

3-60

1882
4.17. ,2;2

1-31

64-98
2-56

09-(X>

0-29

186,6101
1-25

4,715,415 5941,684
42-40
39-69 J

6,616,488
50-lS

Total all.. .bush. 14,032,834 12.728,884 15,006,212 11,105,016 14,87i.99a 13,260,()13

Note.— Tn the above
of

lift

table flour has been reduoed to graio ou the basis
a barrel, and no distiuctiou made iu tuo weights of tlie
kiuds of bushels, all beiuK added together ou the s^uue basis.

biiahelH to

dlfl'urent

It Is interesting to

note that the

West Shore

has gained

Taus

more than the Central has lost, both being Vanderbilt
there is a heavy decrease in the deliveries by the Central, lines, so that the two together delivered more grain at
the Ene, and the Pennsylvania precisely the roads that New York this year than last, the figures standing a*
record a decrease above in the earnings from the grain 3,328,290 bushels, against 3,248,470 bushels, and this
while on the other hand the Lackawanna and the notwithstanding that the total rail receipts were less*
trmfBc
Tf est Shore, which as we have seen increased their earn- and that an increased amount of the same came by the
It will be
ings from the grain business, show very important and miscellaneous roads, as already mentioned.

—

;

very large gains

in the deliveries.

respect are so decided,

it

may be

As

the changes in this

well to mention

them

in

that the arrivals by the miscellaneous roads in
were even heavier than now, but that is simply

noticed

1884

Taking the gains first, we find the increase on the because these roads then included the West Saore, which
West Shore to amount to over 900,000 bushels, and on the had not yet reported separately. For the eleven months
Lackawanna to nearly 500,000 bushels. But the losses of the year the miscellaneous roads brought in 5,394,033
are no less striking, that of the Pennsylvania being over bushels, against only 819,334 bushels in 1885, and owing
detail.

THE CHRONICLE

764

and the increased amount coming by ciinal
every one of the leading roads, with the exception of the
to that fact

2<f teeek

[vou xun.

of December.

1S86.

Worth & Denv. CKy
Lackawanna, suffered a diminution in the amount carried Ft.
Grand Rapids & Tnd. ...
'Grand
by it This may be seen from the following detailed HoustonTrunk of Canada.

42,85
3)8,057
113,138
295,900
3.500
22,300

Texas C-ntral
&80. D.)..
Cedar Falls* M
«&

III.

1

Cent.

Iowa
Jan.

1

to

Nov. 80.

1886.

1889.

1884.

1883.

M. r. Cent..biuh.
Percent.

liia.OlO 32,«1'?.719 27,376.408

bush.

138.748 22,474,893 18,418,011
13-71
19-21
17-22

,719,482

.881.693 14,060,932 10,196,383
12-03
7-«2
9-33

,^39,443
10-42
,2*8,671

ftle

80-62

Per cent.
PaniurlT'a. buih.

Percent.

404.248
7-72

3,129,041
4-38

811,011
6-41

9,452.811
8-08

Various RRs.bush

.391,033

819,334
0-70

Per cent.

2579

27-35

li.&W. bush.
Per cent.
WedShore.bush.
Per cent.
Del.

4-43

<,3:l9,26vl

1,114,287 10,7H7,329

24-98

2502

20-61

13-73

Canal

<fe Ont
Memphis * Charleston

203

664,877

364,597

0-56

0-34

2-89

Milwankee Northern

859,211
0-63

deliveries

millions greater than last year, and

<&

Northwest.

2-19

40,740,886

1

&T.

H..

M. Line

Branches

I

Louis Ark. & Texas ..j
To'edo & Ohio Central ...
St.

Wabash

St.

L&

Paoiflo..

Wisconsin Central
Minn. St. Croix & Wis..
Wisconsin & Minnesota
Total (65 roads)

;

Net increase (15-73 p.

Total all.. bush. 121813773 117033883 10693893n 117483048

total

..

& Western ....
Noi-folk & Western
Peoria Dec. & EvansviUe
St. Joe. & Grand Island..!

bush. 43,660,022 29,483,387 37,502,157 40,839.808 31728519
[
31-7
80-17 J
88-83
25-15
35-07
Per cent.

Thus while the

New Alb. & Chic.

M arquette H.

St. L. Alt.

2-90

1-6

51,822
27,455
306,18
35,270
6,380
44,775
86,700
14,076
15,827
21,656
71,156
16,557
22,427
27,275
22,060
54,690
22,627
288,809
31.399
6,750
11,474

.

in fact larger than in

3d week of December.

1836.

Buf. Eooh.

was contributed
of the

five

by the miscellaneoas
leading roads amounted to
year,

Total (10 roads)
Net increase (5-62 p.
*

bushels in 1885, a contraction of about 12f million bush
The Lackawanna gained over 4 million bushels

suffered

its total

of last year, but the

West Shore

a loss of over a million and a half bushels, the

Erie a loss of over 3

millions, the

Pennsylvania a

loss of

nearly 5 millions, and the Central a loss of more than
millions.

These heavy

losses in traffic

7

contemporaneously

with the gains in earnings on the same business, noted
above, afford a measure of the benefits that have resulted

from the higher

50,-21

1,611

24,039

3,416
37,965
4,129

268,-220

31.141
6,350
44,767
73.125

30
8
13.575
5,019
9,804

9,0371
6,023;

22,331
61,031

675
10,122
3,633

12,924'
23,125]

22,696
17,711
38,273
16,715
239.483

4.579
4.349
16,417
5,912
49.326
2,794
3,593
8,103

28,605'

3,157
3,369

690,024
679.696

10,328

1885.

1,032,502

1,025,118

489,000
6-',fl06

Increase.

ot.)

Week enjling December

2,401
12,653

:

Decrease.

2 ',308

"5',0'9'i

36,153
3,l«l'

10,975
9 45
ll,94i)

659
83,992
57,681

26,308

18.

against 83,385,418

els.

nearly doubling

6
1,130
1,184

150,000
48,525
37,360
9,135
186,524
27,192

41,fl04

Chlo. Mil. &8t. Paul

the

traffic

4,7S.l

3,491

21,170
15,416

27.855
29,251
515,308
57,112
113,845
45,364
26.385
8,190
174,575
26,533

30,256

Chicago

.

only 70,769,910 bushels this

57.5 52
23,051

Week endins December 11.
For the third week of Dacember, ten roads show as follows

five

.

roads, the

300,5'JS

!

& Pittaburj}-..
& Atlantic
Cincinnati Ham. & Day..
less than 29^ millions, a gain of 14 million bushels.
Denver & Klo Grande
Long Island
More came by canal in this period of eleven months in Milwaukee L. 8. & West
*N. Y. City & Northern
1886 than in the same period of any other of the years Northei-n Paoittc
St. Paul & Duluth
given.
Allowing for the increased proportion of
rail
that

3,789
10,6)7

5,001,184' 4,321,488

ot.)

Deattse.

*

have been nearly

any other year since 1881, the rail movement records a
falling off from last year of over 8 million bushels, the
canal having carried over 43^ millions bushels, against

movement

8,464
3 2,19

90,0^7
300,654

l'),600

.

Minnesota

S-63

6,203.673
5-80

AS.

N. Y. Oat.

Total RR.bush. 76,163,945 84,204.732 6?,270,7(i8 73,231,783 70,114,244 03i7i9,788
71-93
89-71
62-31
62-90
82-31
67-31
Percent.
BlTer it coastw.bu 2,019,806 3,395,729 2,166,011 3,391,707 2,283,6531

Per cent.

Falls

Sioux City.

Me-xlcan Central

l,»4 5,515 18,125,112

13-40

<t

Indiana Bloo n. &West..
Lake Eric & Western
Louisville & Nashville
Louisv.

30-33

82-79

1,459,845 33,617,836

22-75

4,870.289
4-38

1881.

1882.

(III.

Dubuque

TO NOV. 30.

/ncreose.

8

12,2.'i3

..

statement for this period of eleven months.
KBCBIPT8 OF QRUS AT NEW YORK BY RODTB8 JAM.

1885.

»

[From onr own correspondent.)

London, Saturday, December 11, 1886.
The holiday season is now close upon us, and for the next
week or two we may be prepared for a quieter feeling in the
leading industrial and commercial departments, but for all that
the year is dying out in such a manner as to lead to the belief
that 1887 will witness a greater activity in trade circles than
has been the case the current year. In speculative circles
the " bullish" feelish is becoming more pronounced, and in

the commercial world generally a more confident tone is
apparent. There are still numerous complaints of want of

tariff in force this year.

may be, in some measure
more economical methods now

employment, but these

RAILROAD EARNINGS.

at least,

in vogue
Not since the second week of August have we had a state. for conducting business operations, the result of a general
ment of earnings to compare with that below for the second lowering of the scale of profits, brought about by the growth
week of December in the extent of the improvement shown. of foreign competition. That business has been appreciably exThe gain on the 65 roads embraced in the exhibit reaches tended in bulk is clearly evident from the latest issue ot the
nearly $700,000 (actually $679,696), or nearly 16 per cent, and Board of Trade returns. In iron and steel, as well as in textile
only eix roads fail to record larger earnings than in the same manufactures, the same encouraging features are presented as
week of 1885. In the case of some roads, snow and cold heretofore.
weather the 1st week of the month forced traffic over into the
The outlook for the new year is unquestionably brighter.
second week, besides which earnings last year in this second Whilst we are counting a good deal on a much larger busiweek were not especially favorable.
ness with America, we are also sanguine euough to believe
that the fresh gold discoveries in Australia and at the Cape
2d week of December.
1886.
1885.
Increase.
Decrease.
of Good Hope will be productive of good results commercially, notwithstanding that the merits of some of the schemes
Prev'lyrep'ted (11 roads) 1,271,522 1,128,703
142,814
Buff. N. Y. & PhUa
42,000
"3,606 are rather doubted. There is in fact quite an active move45,000
Buffalo Eooh. & Pittab ..
30,072
27,855
2,217
ment in progress in many different departments. Originating
Cairo Vtn. & Chlo
13,883
10,450
3,433
Canadian PacUio
204,000
152,000
52,000
flr>t in the American stock markets, it graduilly aff cted our
Central Iowa
37,281
33,278
4.003
Chicago & Alton
Sto .'k Exchange, and has now permeated all branches of
176,.'>25
179,064
2,539
Chicano & East, nilnois.
39,-23
40,769
1,535
Over-speculation may
American and British industries.
CblcaKo & Northwest
529,700
400,500
129,200
Chic. St. P. Minn. & O
141,300
110,400
30,900
cause some collapse, but at the present moment trade appears
CUoago & West Mich ....
24,119
21.288
2,831
Cln. Ind. St. L. &0
to be in as sound a position as at any time for years, although
63.681
47,961)
5,721
Gin. N. O. & Texas Pao...
56,818
52,256
4,562
the actual return on the capital employed is much less.
Alabama Great So
28,827
23,570
3,2ij7
New Orleans & N. E
18,683
17,072
The only drawback which throws a shade over the prospect
1,611
Vlolisburg & Meridian..
15,933
15.804
129

VlckKbuvKShrev. & Pac.
Cincinnati Rich. & Fl. W.
Clnclnuatl Wash. & Bait.
Cleveland Akron

&

Cjl...

&Clu. Midland
Dee Moines & Port Dodge
Det. LanBing & Northern.
EastTenu. Vii. &Ga ...
Col.

Evansvlile
Flint

& Terre H

M Pere Marpnntte

16,111'
7,751
40,487
9.587
6,623
9,222

24,380
91,055
14,243
44.104

16.343
6,231
38,7.i3

8,525
6,199
10,191
18,441
87,<i76

12,645
38.244

attributable to the

232
1,5 iO

1,734
1,062

424
'3'939
3,379
1,598
5. 8 BO

969

the state of Continental political affairs. Order has not yet
been evolved out of the Bulgarian chaos, Germany increases
her army by 40,000 men, aod France remains as dissatisfied
with her rulers as she has been at any time during the life of
the present Republic. This complicat-ed condition of things
is naturally fraught with consider»irle danger, and the advent
of the spring will be awaited with some anxiety but it ia to
is

;

Okcuibeb
be hoped
•till

from

to place a

ITHE CHRONICLE.

25, 1886.]

that the cautious counaels hitherto followed will
neceesity regulate affairs. The failure of Russia

dle,"

The following are the totals of the imports and exports durNovember and the 11 months

ing

:

new

loan either in Berlin or Paris is about as good
• guarantee for peace as could be desired. Russia would
hardly care to face certain bankruptcy merely to attain her
•nds in Bulgaria. •' The game would not be worth the can-

and without the sinews

765

^Imporit Foreign—.
rf Oolonial Produce.
November.
11 Mos.
It

1884
1885
1888

<

y,rporti British it—. ^Ue-exporla Foreign-^
Irxsh Produce, t£e.
t£ Colonial Mdse, de.
November.
11 Mos.
November.
II Mot.

a.

.

30,752,453

.

28,74.S,';B8

.

33,030,955

358.689.679
839.450,726
318,452,804

18,4(M,2.V)

215.087,472
195,8^6,979

17,569,892

195,31.0,485

17,701.313

57,248.942
62,730,746
51,511,113

4,092.038
3.«18,689
3,869.978

of war she must be content to
bide her time until affairs are more in her favor. This appears
to be the view generally entertained, and the chances of peace
beinK dbturbed in the spring by any aggressive movement
on the part of Russia are thus greatly diminished. Such being
the case, commercial and Bnancial circles are looking hope-

The following shows the imports from the United States during November, so far as enumerated in the Board of Trade
^
returns
QuaniUy
.
Value.

fully to the future to

Sheep and lambs

Two

Wheat— Atlan. ports.owts.

redeem the losses of the gloomy past.
favorable circumstances have been noticed during the
week worthy of attention. The Bankers' Clearing House return shows a gain over last year of fully £10,000,000, both
weekq being ordinary business weeks, and the goods trafSc on
the 17 principal railways of England and Scotland has been

•ome £20,000

in excess of last year.
This is certainly statisevidence of a better state of affaira.
The money market is not as yet exhibiting signs of firmness,

tical

,

Oxen and
Cows

hulls

Calves
Pacific porta

Flour

BaooH
Beef-Salted
Fresh

Hams

isea.

isea.

1884.

£

£

£

axeladins T-dar and

rbUU
rMMadapoalU

£

M.191.e7B M.lSS.SOft 24,444,060 24.833.150
2.836.U7 3.2i0,419
9.364.2 k4
7.ii60.07S
32.874.394 22.138,770
««A8e.M)8

Otkw 4«p<M«U
a«T«Bm«nt neBiltiM

U.<8S,1&I

l«.95^.8t»

13.1B2.619

14.462,798

OIktr naortttM

18,Sa0.80l

19,47S,632

2I,77».S15|

19,756,181

•Mrraof doIm and eoln

!i.«B8,oee

12.24a.I04

12.117.63S

12.984.561

3!U!J0.78S

2o,e48.eu9

20,«I1,B98 22.066.711

4B'51 p. 0.
101 1B-I6d.

4S p. 0.
3p.a.
99 3-l«d.

101.836.000

91.027.00t.

OolB aod bolllon
T« to UtbUlUM

4p.

ClMftiw-Hoaa* raCum.

Mbmih. Pixley

& Abell write

e.

as follows

4IXP.C.I
K p. c.|

*»«p.e.
Sp.r.
lOO^d.

92,4S6.000{ 94.309.000

on the

Meat, unenumerat'd.cwt8.
Preserved
cwts.
Pork—Salted
cwta.
Fresh
owts.
Butter
awts.
Cheese
owts.
Fish
cwts.

H>|WWHiirfi of the

Hawaiian Government

in

of issue.

A

Brazilian mining

Cuiaba Gold Mining Company

company

(Limited) has also

been announced with a capital of £150,000, in £1 shares.
The Board of Trade returns just issued for November are
distinctly more favorable than those recently published. The
gain in the exports amounts to the satisfactory total of £1,105,442, principally in yams and textile fabrics, but metals and
machinery also accounting for a fair proportion of the improvement. The loss on the eleven months compared with
last year is now only £516,194. The imports show an increase
on the month of £3,307.187, about two-thirds of which is
caused by the heavier arrivals of raw materials for manufacIn the eleven months there is a deficiency in the
ture.
The returns taken altogether are
imports of £80,997,922.
deoidedly encouraging.

30

10

owts.
owts.

5,560
36,932
23,538
45,098
146,494

tons,
tons,

2,017

,

327

50

95

2.638
55,305
6,099
90,991
166,469

536

tons.

1886.

1885.

£106,021 £117,765
528
200

958
386,137
145,022
499,483
323,138
23,434
138,367
130,048
35
45,793
19,448

108,516
86,793
438,928
327,314
26,458
1.^9.516

137,536
120
45.393
20,123
20,972
79,281
61,175
76,009
136,975
6.452
50,720

10,678
140,228
16.995
150,156
138,457

8,190

2,150
4,205
Cotton, raw..,
cwts. 1,307,083 1,748,534 3,630,942 4,361.445
Tallow
cwts.
10,764
33,371
13,664
42,247
Wood* tluibA'— Hewn.lds.
4,540
4,387
17,168
18.812
Sawn and split
loads.
8, .122
6,333
23,370
15,812
Clocks
No.
26,196
22,420
8,100
6,408
Leather
lbs. 1,739,610 2,322,189
107,866
116,155
Below are the exports of British and Irish produce to the

United States, as far as can be gathered from these
during November

statistics,

:

Quanlily
1885.
1886.

.

official

—

-Value
1885.

1886.

143

£2,205

£1.235

3.227
4,096
Salt
tons
£3,192
31,045
Snirits
galls.
22,142
24,132
Wool
lbs. 3,082,900
409,500
Cotton piece goods... yds. 1..524,300 2,188,500
Jute— Yam
lbs. 1,974,400
609,000
Piece goods
j'da. 9,206,000 9,223,500
Linen— Yam
lbs
111,300
82,800
Piece goods. .yds, 4,094,000 4,3S7,600
Silk broadstuOa
yds.
31,776
15,524
Other articles of silk only
Articles of sUk and other
materials
Woolen fabrics
yds.
256,800
363,800
Worsted fabrics
yds. 2,773,400 3,220.900
Carpets
yds.
41,200
32,200

13,406
23.680
6,265
105,9

17,741
28,896
7,755
17,487
57,193
4,540
66,361
2,612
122,655
3.252
3,283

Horses
Beer and ale

45

No,
bbls.

U

41, .WO

11,634
70,019
3,054
112,799
4,6?46

1,797

29,240
45,450
153.294
9.166
24,464
32,326
2,205
228
10,925

Hardware and cutlery

41,904
61,0J8
165,879
9,006
24,085
49.720

Iron and steel— Pig. . .tons
Bar, angle, Actons
Railroad
tons

10,301

10,909

275
37

2J,657

Hoops, sheet.Actons
Cast and wro't..tons

1,410

269

507
274

Old. for remnf tr.tons
tons

1.945
18,417
2,154

8,868
17,598
14,666

52
266

13

592

190

250

333,199
34,871
90,400

348,578
37,093
159,700

1,258
4,713
23,346
6,386
8,725
99,500
4,578
11,345
53,121

1,301
7,740
41,309
10,292
12,125
102.517
3,881
16,454
69,875

604
603

729
637

2,420
2,084
49,047
3,964

2,984
1,812
52,878
8,338

Tin- Plates

Steel, an wrought
Tjcad...

Tin.

tons
tons
cwts.

unwrought

202

3,f.95

5,493
267,0.i9

27,781

Steam-engines
Other kinds machinery...
Apparel and slops...

Haberdashery & millinery
Alkali

cwts.

Rags and sacks
Cement

doz.

cwts.
Earthenware & porcelain.
Paper— Writing, printing,
Ac
cwts.
All other klnds,cwt8.
Skins and furs
Statiouery.oth'rthan pap'r

The movements

in the precious metals

To and from aU CountrUi.

It is

jmn from the date
entitled the

wrought

the market as a

only for a small amount, however, namely,
£200,000, being portion of an authorized issue of £400,000.
The ktan bears bears 6 per cent interest and U issued at the
price of 03 per ceat by Messrs. Matheson & Co. The loan is
radeemable at any time after ten years and before thirty

bor row er.

1886.
6,0S7

Unwrought and partly

state of the

bullion market
Oold.— There haa been a small dem-inil for gold during the week. The
Bank hat reoelved A7S.OO0, and sovereiKiis to ibe value of £146,000
bare been witbdrawn for tranami/iainu to the Cape, Lisbon and South
America.— The Canbage broocbt £U8.000 from China and Australia.
Bllver. ^Tbe market roce rather quickly ufter our last droular, and
46%L waa obtained for some arrivaU, which weie taken for the Con titntt tbeia haa alnoe been a allKht relapse, owing to a nocilloation that
tlw lodla Council would offrr more drafte for sale next week, and we
mote to^lay leVid. per onoce. We have received £2<',000 from New
Terk and AIS.OOO from Baenos Ayres during the week. The Peninsula
* Oriental steamer baa taken £89,')Oa tu the East.
Mexican Dollara.— The unsold portion of the arrival by the St. Germain «aa placed at 45d.; the price haa since, however. Improved, following the rise In silver, and we quote 45^d. as nearest. The only arrivala to hand are: A48.000 from Central America and £6,000 from New
York. The Peninsula & Oriental steamer of the 3d Inst, took £10,<J0t)
tetkaBtralU.
TIm most interesting financial item of the week has been the

18S5.
5,922

479
267,525 1,025,842
212,752
379.383
7R1,481
931,332
18\018
174,363
14,846
16,813
64,901
60,8(58
56,614
51,480
85
38
18,100
19,672
14,338
13,626

owts.
cwts.
owts.
cwts,
owts.
owts.

and is far from active. Some inquiries for gold are reported, Lard
and atttrntion is directed to the gradual drooping of the Sugar, refined
Copper ore
American exchange. There is also the usual inquiry in conRegulus, Ac
nection with the close of the year to be considered. This
week's Bank of England return is a very mild, uninteresting
document. In the aggregate deposits held the loss is only
£148,000, and the reserve has increased £394,997, the propor.
tion to liabilities being 45'51, against 4411 per cent last
week. Bullion has gained £97,792, notwithstanding a net ex.
port on balance of £71,000, from which it is clear that there
haa been an appreciable return of coin from general circula'
tion.
Compared with a year ago the reserve shows a loss of
£980,000, and the stock of bullion is £548,000 less.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols. &o.

.

No.
No.
No.
No.

Imports

Do

11

Bxporta

Do

11

In Nov...,

montba
In

.,,

Nov..

.

mODtha

have been as follows:
To and from United StaUe.

1884.

1885.

1886.

1884.

1885.

£

£

£

£

£

496.952 1,524.766
6A6,258
10,218.7«I 12,221.887 12,764,135

1,438
81,674
5.104
4,049
22,664
237,140
76,227

1886.

£
3,^8

1,077,75:1

553.19.i

9,799.784 11.569,885

2.1B3,6a6

11,290
906,i«S
98,352
288,712

604.078
8.568.255
B77.830

193,771
2,270,058

!,530.400

169,935
1,C87,940

5U.070
9.275.144

9.-.!06.924

5,200
6,011

2,850

997,840
11,490,149

1

.2"9.1fl5

1,354
5,08«,741

3,014.999
^93.400
1.992,330

SILVKB.
[mport.>i In Not
IJo 11 months

848.180
8,787.906

Exports in Nov.,

Do

11

months

.

706.8S0
0,745,204
468,139
6,746,965

40
8,282

108,669

100

A

meeting has been held of the Central Pacific Railroad
at the offices of the Btiglish association of Amjrican bond and shareholders (limited), and the following resolu-

Company

was passed
That a committee be appointed

tion

:

to represent the English shareholders
to take su'h steps as
the following guntleF. Sitti-rthwaite. Mr.
H. C. Mayhew, Mr. K. C. Naylor, Mr, C, H, Stewart, Mr. Joseph Price,
with power to add to their number.

in the Central

Pacitlc Railroad

Company, and

may be neces.^ary to protect their iuterests, and
men be apoolnted: Mr, J, H. Hutchinson, Mr. E

The wheat trade haa become somewhat quieter during the
week, but has nevertheless retained its firm features. Business has been of a retail character, but the recent improvement has been well supported. The trade is evidently in a
sounder condition than it has been for some time. The impe-

THE CHRONICLE.

766
Tial

weekly average has advanced to
ia

m

gold coin.

United States Sub-Treasnry.—The following table show
•he receipts and payments at the Sub- Treasury in this city, as
well as the balances in the same, for each day of the past week :

two years hut those who are anticipating a decided advance
will do well to remember that it the eastern portions of
Europe are not supplying us with anything approaching to
freedom we have liberal resources to draw up an in America
and India, and they will no doubt coma readily forward
firm
ebould the market here become appreciably stronger.
;

Balfinrex.

DaU.

we

Man.

Wed.

Tuet.

are on

Total

9m

Si's

136

136

.'8I4

1167s

17

—

IHPOBTS AND ElXPORTS FOR THE Wkek. The imports Of last
week, compared with those of the precedinfj week, show
a decrease in both dry goods and general meichandise
The total impor te were J6. 972,974, against |9,499.7S2 the
preseding week and $8,^-01,886 two weeks previous. The exports for the week ended Dec. 31 amounted to|6,398,913,again8t
$6,723,388 last week, and $8,541,009 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Dec. 16 and for the week ending (for general
merchandise) Djc. 17 also, totals since the beginning of the
first week in January:
POaBia:* IKPOBTS AT NEW TOBK.
;

1883.

Wee/c.

18S6

1885.

«l,9f)5.711

S819.176

Sl,';3i.466

8,448.815

3,49.'i,363

4,866,964

»1 890,890
5,073.0c4

*I0,354,526

«1,314,539

S6,40I,130

$6,y72,974

Qen'lmer'dlse..

Total
Binte Jan.

1884.

1

Dry Goods
Qen'lmer'dise..

$117,666,771 «1 07.865.390
327.oa8.1)05 304.6>7,367

*95.756.534 «11 1,200.300
275,218,553 306,566,130

Total 50 weeks. .$115,265,676 J4 12,522,757 *37O,975,087 $417,766,430

In our report of the
ports of dry gcxjds for
The following is a
specie) from the port
week ending Dec. 21,

dry goods trade will be found the im one week later.
statement of the exports (exclusive of

New York

of

to foreign ports for

tl-

e

and from January 1, 1886, to date:
BXPOKTB KaOM WBW YORK FOB THH WEEK.
1886,

-week...

I^ev. reported.

1885.

1884.

1883.

For the

18^6.

372

$6,421.5.39

$6,441,^18

$6,398,913

335!338i951

318,709,875

3:0.339,81)0

31)2.773,553

$•*

2

il

Total 50 weeks. |»343,o^0,323 $325,131,414 *316,781,'i23 $309,172,466

The following table shows the exports and imports of specie
at the port of New York for the week ending Dec. 18, and
since Jan, 1, 1886, and for the corresponding periods in
1S85 and 1884:
BXPOBTS ASD IHPOBTS OF SFBOIB 4.T NEW TOBK.
SxporU.

Jmportt.

«oM.
Week.

Great Britain
France

Since Jan.l.

Week.

Since Jan.l.

Qermany

$1,040 «2,657,4e5
11,680,539
5,473,012

West Indies

13,7.>1

6,1.84,997

188, •i47

3.19^?.9^(|

6,01.8

8,000

651,103
717,47q

50,052
402,466
273,849

1.126,326
643.C C
1

Hexioo...
tloatli

America

All otheroouutrlea.

Tetal 1886.
ToUl 1885.
Total 1884.

J3,762.316
9.-^ 09.5 72
12.127. ..:<8

522,791 t37,594,591 H,9-J4.197 *29,0 19.732
563,051
7.890,518
274,806 14.491,"i53
9,4.;0 38.C61,6a8
143,18
22,807,238

Silver.

Oreat Britain
Vranoe

Oennany
West Indies
Hezloo
Soath America

$124,000

49,650

»i,on2
68,760
31,238
1,131,314

100.153

1538

233,1.84
478,4.56

108,85-;

6,226

61.613

$126..173

9.771,877

263.279
404.535

15.396.400
l».9i9,741

$57,414
26.358

S2.006.157
1,866.122
3.424,7el

248.324
2,')73

All other cnnntiies.

Total 1886
Total 188&
Total 1884

$8,744,121
466.777
103.6.J0

,

6,45

1

19,

the

—

&

Bateman say in their
Dnbiique & Sionx City. Green
are authorize.! to announce that holders
circular letter "
Sioux City can get par for their stock not deof Dubuque
Co. under their circular of
posited with Drexel, Morgan
December 13."

We

&

for

.

ordered an accounting.

|1165a

:

DryGoodB

19,605.-239

28.-«i,7-2

&

5818

17'Js

26.09^.04S

16.388.2.'>0

30.1-t-2,10<
29,r)22.62l>

of the
Superior Court in the case of the Connecticut Central RailNew England Railroad Comr.iad against the New York
pany, and decides in favor of the Connecticut Central. The
New England leased the Central, agreeing to pay the stockholders the net earnings if there were any. It also owned all
the first mortgage bonds. Under its management the Coanecticut Central had no net earnings, and defaulted in its
interest on Ihe bonris. Then the New Eagland proceeded to
foreclose the mortgage. The stockholders oimteated, claiming
that the road had earned the interest, b it tliat the New EagInnd managers had not credited to it all its proper earnings.
The Supreme Court set aside the decree of foreclosure, and

1001,0
10014

11338
131
6938
92=8
341s

131
69 Si
93 J4

31,901.0'>6

Oarreney.

3,530,0-26.1-27,690.01'), 26,232, i59

1,492,138 127,734.361

10,.i41,e0.i'

Oerl't.l

19,880,184
l9.S39.10^
19,5S3,9J1
19,639,051
19,63 »,051

—

46

1001,,
lOOB,.
82-10
11338

\Ooin

Connecticut Central. At Hartford, Conn., Dec.
Supreme Court of Connecticut revised the decision

Fri.

48

..I

Coin.

2.047,758 126.9,>3,956
3.7l8,4l6ll27.2l8.497|
2,615.iiO'> 127,403,2J7|
2.964,007 127.5 W.9

l,36).366i

Thurt.

46I4
46
46
flilTdT, per 01
<i.
4C^
10<I5,6 100:H« 100S,6 100
Oonsole for money
IOOI4
10(138
1(038
lOOIj.
OonsolB tor aocount
Fr'oh rentes (In Purls) tt 82f.-ia 82-67 ifi 82-60 82-62 1«
11314
I1314
U3"* 113%
U. 8. 4>«sof 1891
131
131V ISO's 13058
D. 8. 48 of 1907
6814
6938
69>8
6358
Canadian Facltlo
93
92^
ClUo. Mil. & St. Paul.... »3»8
34 '9
34>3
3338
£rle, oomoion etook...
313e
IS6I4
136
13614
136
IlUnole Central
fl7=«
58
58
Pennsylvania
I8I4
161^
1768
18%
Pblladelplila & Reading
11714
117
1164 116
Kew York Central

169

i.ssy.ioo
1,833.753
1,728,793

'
The daily closing quotations for seouritiee, &c., at London
are reported by cablo as follows for the week ending Dec. 31:

Sat.

1..-sol.

Payments.

2.222.9.'4

BaslUli PtnauclAl market*— Per Cable.

London.

Beeeipli.

Deo.

A

trade may certainly be calculated upon, but that
the eve of a rapid advance has yet to be proved.

ZLUI.

Of the above imports for the week in 1889. ^U5,418 were
American gold coin and |13,9U American silver coin.
Of
the exports during the same time $31,751 were American

per quarter.

333. 7d.

the highest price touciied so far this i:eason, and it is
excess of the corresponding period last
Is. 7d. per qu irter
year. The way is clearly prepared for a further improvement,
supposing that the winter be as seasonable as during the past

This

[Vol.

&

New York Stock Exchange—The Governors of the Stock
Exchange have admitted to dealings the following securities:

Missouri Pacific Railway Company— An additional $4,000,000 of capital stock, making the total amount listed up to
$40,000,000.

&

Texas Railway Company—An additional
Missouri K-insas
$1,725,000 of general mortgage 6 per cent bonds, making the
total

amount

listed

up

to $;i3, 725,000.

Chicago Rock Island & Pacific Railway Compiny— An additional $900,000 first mortgage extension and colUteral bonds,

making the total amount listed $4,860,000.
Mexican Central Railway Company — Income binds to the
amount of $8,138,000 and capital stock to the amount of $33,170,900.

—

N. Y. & New England. Of the new board of directors the
following have been appointed an executive and finance committee : W. H. Starbuck, Thomas W. Pearsall, A E. Bateman, Jonas H. French, Elijah Srnith, John L. Macauley,
Heman Clark. President Bostwick —who does not contemplate resigning is ex oflScio, also a member of this committee.
Mr, W. P. Shinn has b^en elected Vice-President and Mr. W,
H. Stevenson General Manager.
Northern Pacific.— At the meeting of the Northern Pacific
d-reotors last week the commitiee on the lease of the Oregon
Navigation reported that as that company had made a lease to
the Union P.icific, the latter company was the party to negotiate with, and the officers of the company were directed to
make harmonious traffic arrangements with the Union Pacific
and a division of territory, if possible. The committee was
thtn discharged.
The interest due January 1, 1887, on the dividend scrip
will be pud on and after that date.
Peoria Decatur & EvansvlUe.— The directors of the Peoria
Decatur & Evansville road have decided to change $3,000,000
income bonds from 6 per cent to 5 per cent.
Philadelphia & Keading.—A meeting of the committee oj
general mortgage bondholders was held in Philadelphia on the
33d at the office of E. Dunbar Lockwood, the chiirman.
The committee adopted a series of resolutions, setting forth
that it was unanimously opposed to the new plan of reorganization for a number of reasons therein stated.
The committee advised the general mortgage bondholders
not to deposit their bonds under the plan, and finally resolved
that, as soon as the Masters' report is fil d, disposing of the
questions referred to them under decree of the Circuit Court
of the United States, entered October 8, 1886, and ordered to
be filed January 8, counsel for the committee should be
instructed to use all possible effort to secure a final decree
that a sale may take place at the earliest possioU date.
St. lonis & Chicago.— A press dispatch from Springfield,
III., Dec. 23, says: "The stockholders of the St. L luis & Caicago and the St. Louis Caicago & Peoria railroads met here
ye.-fterday and signed articles wheretiy the two roada were
cons'ilidated and given the name of the first mentioned. The
St. Louis & Chicago will assume the debts and liabilities of
the two roads forming it. The capital stoctt will be $3,000,000,
and the busin. ss will be conducted by a board of five directors
The prea^ nt members of the board
to be elected annually.
are D. Wing, President; R. S. HoJgen, S-^crctary and Treasurer; F. C. Ho'lins of New York. L. H. Thomas of Montgomery and I. H. Waggoner of Chicago.

—

—

Dece^ibeu

THE CHRONICLE.

25, 1886.)

Shenandoah Valley.

767

— In the examination before a master to

ami ^taawclal.

gattfeiij0
ascertain whether $1,560,000 of unissued first mortgage bonds
were subject to the lien of the general mortgage, he finds that
the said $1,560,000 of bonds were never certified by the
ttustee of the mortgage and are therefore invalid.
South PennsylTania. At a meeting of the proprietors of the
FORT SMITH & VAN BUREM BRIDGE CO.'S
South Prnns.vlvaiiia sjndicaie on Tuesiay Mr. Gowen read a
letter from Mr. Garrett.
Much has been said in the newe- FIRST MORTG.iGE SIX PER CEN^T SINKIXS FUS'D TWENTYpapera about this letter, hue from the best information
FIVE YEAR GOLD COUPON. BONDS, GUARANTEED,
obtainable it waa quite vague, and merely stated in substance
PRINCIPAL AND INTEREST, BY THE
that if the South Pennsrlvania syndicate would build that
road from H irris'iurg to Somerset, Penn., where a connection ST. L.OVIS
SAX FRA:VCI8C0 R.IILROAD CO.
could be made with one of the lines of the Baltimore & Ohio,
GUARANTEE INDORSED ON BONDS.
the latter would m >ke a close traffic arrangement affording
an outlet to Pittsburg, "or if deairable," added the letter, Mr.
106 and INTEREST.
PRICE
Garrett would take an interest in the enterprise. Nothing was
said, according to a prominent member of the syndicate, as to
5 1-2 Per Cent. 108 Is now Bid for
what Mr. Garieti's intense would b?, or in what shape it Pays Investor about
the First Preferred Stock of tUe St. I.ouIs dc
would be taken.
At Pittsburg, December 23, in an interview with a ComSan Fi-anclsco Balltvay Company.
mercial Qazelte reporter, Dr. Hosletter said the South Pennsylvania Railnad would be completed within a year; that the
builders of it will he what is known as the Pittsburg syndicate,
with Mr. Garrett if he desires, without him if the syndicate
Of Danville, III.
and he cannot come to terms. Tue Pittsburg s\ndicate, he
said, includes about all the stockholders of the South Pennsylvania, outside of the Vanderbilt interest, and the only stock- FIRST MORTGAGE 6 PER CENT SI:VKING FUND
holders of the South Pennnylvania now who want it turned
BONDS, DUE 1016.

—

&

.....

ORAPE CREEK COAE COMPANY,

over to the Pennsylvania

Company

is

the Vanderbilt interest,

which amounts to $5,000,000. The South Pennsylvania, when
completed, nil 1 mo6t likely be over the route originally inThirty-eight per centof thecapital Btock($20,000,000)
has bean paid up. The $9,000,000 neceiisary to complete the
line would in all probahility be raised by an assessment upon
the stockholders. The road will be completed without the
Vanderbilt interest. If Mr. Garrett buys an interest, it will
rery likely ba tbeits. If he does not buy it, the Pittsburg
syndicate will. This interest amounts to '$5,000,000 with 38
per cent, or $1,900,000 paid up. The Pittsburg syndic jte, with
the Philadelphia interest, now hold the controlling number of
shares of stock.

INTEREST PAY.\Bl,E APRIL, AND OCTOBER,

AT THE FAROTERS'

tended.

WabMh

LoaU k Paci&c—Before Judge Gresham

St

in

Chicftgo Deo. 22. a petition on b-ihalf of the Purchasing Committee of the \Vaba«h R lilway was presented, askiug that the
Chkago Division be turned over to them, ihey agreeing to
all the receivers' indebtedness and also ttie interest
on the bonds of thij divibion to date. Judge Gresham decided
to postpone furthnr he. ring on this matter until next Thursday. It was reported that the snrae application wuuld be
hereafter mide for the St. Louis Division, and that the efforts
of the purchasing committee would be directed towards retaining bold of these two divisions.
Gillett offer this week, in the adverHeans. Qriawold
tMog columns of both the Chronicle and Investors' Supplemirr, for the consideration of careful investorc", a series cf
railroad, coal.^treet railway and municipal bonds that ought
to command a la'ge sale at the prices'. This well known firm
have also just removed to No. 3 Wall Street, where would-be
porchaaers will tind a beautiful and comfortable suite of

p^

'

—

&

These bonds are a

and only

first

I,OAN

AND TRUST

TRUSTEES.

CO., N. Y.,

upon one

lien

most valuable

of the

weil-estahlislied coal properties in the State ot Illinois,- consisting
of over 2,000 acres of coal land, 122 houses, a weU-stockeil store,

and

ample farm l)uildin.i;s, and all the machinery, plant and appliances— on
whioii there is no Indebtedness whatever except this issue ot houds.
Of tliia Issue $125,000 are set aside and held in trust by the Farmers >Loan & Trust Cjrapany. ot New York, and cannot be used for any
'other purpose than for buying more coal lands, bui'ding more bouses,
and making additional permanent Improvements to the property
8300,000 of these bonds have already been sold, and are held for
nvestment by some of the most conservative Investors in this city.
State, and tlirougUout New England, including man}' ot the leading
Savings Banks, Bank Presidents and Trustees.
sinking fund Is provided in the mortgage tor the payment to the

A

per annum, beginning
Farmers' I, )an cfe Trust Company of $20,00
April 1, 1891, for the redemption at par of that amount of bonds eaeh
year, until the entire issue

l^

redeemed an 1 canceled.

Tbe rental froiu the houses and th3 profits from the store,
screenlugs and the Tarnis will more than pay the Interest
on the rntire Issue of bonds ivlthout touching the profits
from the sales of coal.
For the tivo years and eleven months ondins April I,
1S86, the company farned $160,462 and SI-100, or nearly
6 per cent on $1,000,000, and tvlth the additional plant to
bD put upon this property It should earn 6 per cent oi>
$2,000,000, while the Interest charges arejoniy $30,000

officea.

yearly.

the advertising columns will be found the notice of the
acceptance of Mesxrs. Geo. .S. Coe, Eckbtein Norton and Jus.
D. Potts, as members of the Purchasing Committee under the
Mexican National Railway C.>mpar]y'a reorganization agreement, and also the call to bondholders to deposit their holdings at the Union Trust Co.
Mr. J. P. Wintringham, of 36 Pine Street, whose card appears in our advertising columns, his been recently admitted
to a aeat in the New-York Produce Exchange. Parties having
busineaa in this line, as well as in miscellaneous stocks, will
find Mr. Wintringham a broker of experience and business

We offer a limited amount of these bonds to investors that are seeking
safe securities for Investment, and wo look upon them, at the price
offered, as the most proHtable Inve tment In the market, paying the

—In

i.ivestor

Prico,

—

about 6 1-2

—

&

Aoetlon Sales.— The following were sold this week at
auction by Mt^irs. Adrian H. Muller & Son, 12 Pine Street
:

BoHtU.

Blutrf.

$10,%00 N. Y. C.iy 7s, CltjImp. Slock. (lUH lij89. IIO^ &lnt.
I77t0l7«- Il.uo Oliriatoplior auil lotti
8r. RK. 78. l8t mui't., line
SO
A'twclttiim

eo H. Y. Life Int. k. tr. Co. . 510
45 NittlODitI tt>nK ot Cuminnf.e
I OllntO't tl'tli
37 lit Na-. Bank, Kotl

N.J
aOMurtu Klicr

^40
KIre lim. Oi..ill'4

KALAMAZOO, MICHIGAN.

1 F.I. .V.if.A".'!. "' l)rt-.i«i.»U

(liy prit lieoateil)

I

tn, 4a'a.

aad j^taatactal.
CiTV OF SCRASTO.V

gattHlttg

4

PER CENT
TBRHS OX

*J

BOafDS.

PLICATIOH TO

HARVEY" PISK
28

Interest

May

&

BA>KEBS,
Nassau Stbket, New

SONS,

1

and November

at the Central Trust

Company,

York.

PRICE PAR AND INTEREST.

FOUR PER

C E IV T

BOND»

Of the Borough of Dauburs', Conn.

15

Average about 17'a

No better security can b3 Issued

Y^ears.

In the State ot Conueotiout.

KIVOXYILEE & OHIO RAILROAD CO.
FIRST

MORTGAGE SIX PER CENT GOLD' BONDS DUE
Interest Payable January

At Central Trust Company

1925.

and July,

(Trustee)

For further particulars on aU above Bonds

GMMSA\^OLT>
Yobk.

I,

New

The coniDany has been in operation two years, an! by its annual
rapottrl'iionshed Jin. 12, 138K, sIdw.h net earunj^or .$1 1,953 30 for
tlie previous eiKHteen montlis, leaving asurplus of $2,953 30 over ami
ai>ove all char^re^i *ud interest on the bonds.
The company, thr.iiigh its Secretary, reports Miy \1, IS9S, that the
parniiigs for Jinuiry, February. March and Ap' il are 6S per cent mure
than ilie corrospimdina monilH last year, which !< suniclcut to pay interest on the bonds and a dividend ou the stoclc. We know of no bettor
inveatment in the market.

llliHifelnt.
Hm
gtOO,000
^i4ci.UUi>aiilciagi & Atlantio
mure, bouili

KK. Co. -1

Bonds

KAEIMAZOO STREET RAILWAY COMPANY,

'

.

Baak

cent interest.

Interest.

First Mortgage 6 Per Cent 30-Year
OF TBE

activity.

The Ontario Silver Mining Company has declared its
nsual dividend of fifty cents per share, payable at the office of
the company, San Francisco, or at the triuater agency of
Co., on the 3l3t inst.
Measra. Lounsbery

p(-r

95 and accrued

New York.

call on, or address,

& NewGULLETT^
York.

No, 3 'Wall Street,

THE CHRONICLE.

768

in consequence of sales of stock for foreign account.
Rates have been rather irregular, and after a little strength on
the improved demand, they became weak and lower, the market
closing weak, with posted rates 4 80 and 4 84.
The arrivals of
gold have amounted to about $2,125,000.

DIVIDENDS.
reoently been annonnoed:

ITame of Oompanii.

Per

When

Cent.

Payable.

BooKm OUteed,
(Dayi ineliuive.)

Railroad*.
BeU'BGap

5

Jan.

Clilp. St.

3

.ran.

Paul Minn. A Om.. pref.
EvansTllle & Terre Haute (quar.>
Flint* Pere Marquette, pre?
Granite

m

^^a

Jan.
Ian.

I

20 .Tan.
15 Jan.

1 to Jan. °2l
5 to Jan. l(i
16 Dec. 25 to Jan. 16

9i

Ranks.

4

Continental National
Bowery National
East River National

4
6
4

Ian.

Eleventh Ward
Fourth National

4
4

Hanover National

S«g

6
3
3

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

Imporfpro'& Traders' National..

7

Jan.
Jan.
Jan.
Jan.

Irvinff National

4

Jan.

Leather Manufacturers' Nat....

5

Market National

4

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

Mechanics' National
Mechanics' A Traders' National.
Mercantile National
Merchants' KzchanKe National..
Merchants' National
Mount Morris
National Bank of Commerce
National Kutche.rs'&Drovers'...
National Broadway
People's

Phenlx National
Second National
Seventh Ward

4
S>9

3
3

3%
3
4
4
8
5

,lan.

5
3

Jan.
Jan.
Jan.
Jan.
Jan.

5
5

Jan.
Jan.

5
3
4

Jan.
Jan.

3

3 Dec. 22
8 Deo. 22
S Deo. 23
3 Dec. 23

to
to
to
to
to

Jan.
Jan.
Jan.
Jan.
Jan.

22 to
24 to
3 Dec. 22 to
3 Deo. 23 to
S Deo. 17 to
,1 Dec. 2^
to
3 Dec. '22 to
3 D.'C. 23 to

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

fi

Jan.

1

;

3
S Dec.
o Dec.

3
3 Dec. 22
3 Uao. 21
3 Deo. 21
» Dec. 18
10
3 Dec. 23
3 Dec. 23
3 Dec. 28
3 Dec. 23
3 Dec. 31
3 Dec. 25

December 24.

Island Loan A Trust
... :..
W*>'1^. Pnr'^o * To.

Long

,

Tan,

Parle (francs)
Amsterdam (ffuUders)...

Frankfort or Bremen (relohmarkd..

about unchanged.

The

Interett

15
4
2
1

Board has been

fairly easy for the time of
rates to stock borrowers are quite moderate. Our bank
statement issued to-day instead of Saturday shows a decrease
of $5,209,600 in loans, a decrease of |3,089,200 in deposits,
an increase of $2,917,000 in specie, a decrease of $215,300 in
legal tenders, and a resulting increase in the surplus reserve of

and

$3,224,000.

The postponement

in Congress of the Inter-State Commerce
considered favorable, inasmuch as it gives time for the
probable effects of the bill to be more carefully considered, and
its almost inevitable injury to the remote sections of the West
and South to be more clearly shown up. Even should the bill
pass, it is possible that Mr. Cleveland, being a lawyer, might
discover tnai some of its provisions were unconstitutional and
bill is

therefore interpose his veto.
The enormous volume of the retail Christmas trade in New
York this year has probably never been equaled, and although
this is one degree removed from the business of the Exchanges
and the wholesale houses, still it is an indication of no small
importance that the past year has been a prosperous one, and
that the pocket of the p/iter /amilias is generally pretty well
lined with money or rather that it waj so lined before the
Christmas season commenced.
The open market rates lor call loans during the week on
stock and bond collaterals have ranged from 2 to 8 per cent,
the usual rate to stockbrokers being 5@3 per cent ; to-day
the rates were 4@5 per cent.
Prime commercial paper is
quoted at 6®6i per cent.
The Bank of England weekly statement on Thursday showed
a loss in specie of £78i,000, and the percentage of reserve to
liabilities was 40 3 16, against 43i last week; the discount
rate remains unchanged at 5 per cent.
The Bank of France lost
18,250,000 francs in gold and gained 1,650,000 francs in silver.
Tne following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks:

—

1886.

[hffer*nee9fr*n
PreviouM Week.]
1

1885
Dec.

19

18H4.
Dee. 20.

Loans and dls. »348,69'1.700 r)ee.»3,719,=09 «337,'i74,3nn $291,S42.40"
Bpecie
7.l.3-f6,000 Dec. 1,6J« 800
92,818.100
86,852. 200
Uioulatlon

..

Net deposits..
I<egal tenders.

Legal reserve
Beaerve held
Bnrplns

£xchan|d;e.

1«,900
Deo &4I2 400
18.0tf2.«00 Dec.
24,600
Deo.«7,60»,10n
Deo. 1,675.400

10,o0i,700
377.50 !.i»>ii

;i,6J6.300
335.44<.10

28.3i>5,20J

37.695.2iiO

»94,37'..S00
121, 123,3 JO

$83,860,775
124,517,400

4.no«,200 Dec.

76.74^.800

M".«86.«2.S

7,914.100 Deo.

S.'iS.Tt^l.eoo

»72,3

— Sterling exchange

>o

1

his been quite dull most of
the week, though at one time there was more stimulus to the

3b,
6s,
6s,
68,
6s,
6b.

Dee.
20.

Dee.
18.

Dec.
21.

Dee.

Dee.
22.

23.

U0>4 1103R •11038 110J4' 1103s

1891
1891
48,1907
4s, 1907

4>«8,
4I2S,

The money market has become

Dec. 18.

closing prices at the N. Y. Board have been as follows
Period:

just about what
might have been expected after the shalsing up of last
weet. It usually happens that a violent spasm of that sort
is followed by a sharp recovery first and then by a dull, irregular
and sagging market, which continues for some time until prices
have so far settled down as to permit of some definite action on
the part of operators.
year,

4 81

9* 79

—

3 Deo. 21 to Jan.

.

4 78

rately active,

to Jan.
to Jan.
to Jan.
to Jan.
to Jan.
to Jan.

3 Deo. 25 to Jan.
3 Dec. 2a to Jan.
15 .Tan. 1 to .Tan

Demand,

United States Bonda. Government bonds have been modand the market is without feature. The business
has been confined to the 4s and i^a, and prices are steady and

2
2
4
6

to Jan.
to Jan.
to Jan.
to Jan.

Day:

4 80

4 771994 78
8 27J«»5 26''8 5 25 -an 24 3g
390Rff391ii6 39is,«a3978
94l4«9438
94*8 «fl5

Dooiunentaryoommerclal

WAL.L MTKKKT, FRIDAY, December 2 1, t»M8-.'S P. M.
The Money Market and Financial Situation.—The conat the Stoclc

Sixty

Prlmebankers'sterllng bUlson London..
E*rlmeoommerolal

niBcellaneoua.
Brooklyn Trust

;

3

Insurance.
Hamilton Fire
KutgersFire

aflEalrs

To-day the rates on actual business were as follows, viz.,
Bankers' 60 days' sterling, 4 79i@4 79i; demand, 4 83i@4 68}.
Cables, 4 84i@4 84}.
Commercial bills were 4 77i@4 78;
Continental bills were: Francs, 5 26}®5 27iand 5 24}®S 35
reichmarks, 94} and 94|-; euilders, 39}®39} and 39J.
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day Savannah, buying
} discount, selling i discount; Charleston, buying 4@3- 16 discount, selling par; New Orleans, commercial, 150c. discount,
bank, par St. Louis, 75c. discount Chicago, 80c. discount.
The rates of leading bankers are as follows :
:

Bank of America
Bank of New York, N. B. A
Bank of North America
Cbatham National (quar.)

dition of

XLOL

demand

^hje Cankers' @>a^ette>
The toUowlnK dlvldenrtii have

[Vou

110»R *1103f' 11038,'
1271h! 127 14 127 38 12738
12838 l'JH3« 128 14 1291«
10058 100 »B MOO?) 100 ^i!'
123=8 123 *123=e 124'8|'
12614 125 *126'4 I26I4
'I2b'8 127
•128''t 12«78'
ISO's 13H!. «131>s
134
134
133 •134
110>4

option U.S.,
ciir'cy, '95.,
cur'cy, '96.,
cur'cy, '97.,

cur'cy, '98
cur'cy, '99.,

Dee.
24.
IIO'-*

11038 110>s
127^ 12738
12^08 128»«

100% 100%
125
127 «
130
132

124 -g
*127ifl

•129 5i

•131%
134% •134%
was made.
1'

This la tne pnoe bid at the momini; board: no icUt
State and Railroad Bonds. During the early part of the

*

—

week

was a

activity noticeable in the market for
State bonds, but latterly it has relapsed into extreme dulness.
There has been little change in values.
The railroad bond market has been only moderately active
during the past week, and the changes in prices have, as a rule,
been unimportant. At limes a somewhat irregular tone was
perceptible, but on the whole prices have been steady or moderately strong, and some of those which suffered most in last

there

little

The general
week's decline have been gradually recovering.
is still more or less influenced by the changes in the
stock market, and there has been no advance of moment and
Of the more prominent bonds Erie
no conspicuous activity.
2d8 and West Shore 4s have recovered, though the business
has been lijjht and the former class has been irregular.
Railroad and Miscellaneous Stocks.— The stock market
has shown unmistakable signs of the approach of the holiday
season and the close of the yeir, business being very light and
restricted in volume and the fluctuations slight and unimnatural reaction from the extreme activity
portant as a rule.
and excitement of last week may also account largely for the
dulness of affairs during this week. Prices, however, have not
eracted much, the general tone of the market having been
quite weak, though there have b' en fair recoveries at times,
giving the appearance of a somewhat irregular and unsettled
market. Taken altogether the market has not changed much
either one way or the other, though the principal variations in
particular stocks have been in the direction of lower prices.
There have been few developments, and those few have
The tone and the dealings of the
not been very important.
London market have had some influence in directing the course
The decided reaction towards higher prices
of prices here.
which occurred Tuesday afternoon, was largely the result of
a better tone in London and an improved demand from that
quarter.
The postponement of action by the Senate on the
But the
Inter-State Commerce bill also had a good effect.
selling on foreign account later in the week lowered prices here
and affected the foreign exchange market.
Among the most active stocks Reading is still conspicuous,
and has been very weak at times, though rather irregular on
The continued weakness is probably due more to
the whole.
the reaction from the unreasonably high prices recently made
by outside speculation than by any new views in regard to the
Jersey Central, after having been pretty
reorganization plan.
well held during the raid of last week, has weakened since,
for no particular cause except the uncertainty about its future
market

A

prospects.

Western Union has been rather prominent for weakness,
being adversely influenced by the talk of a bill in Congress
providing for the free use by all companies of the telegraph
Union Pacific has also been
business on subsidized railroads.
weak on the postponement of action on the Funding bill.
Besides these, there have been few conspicuous features.
Louisville & Nashville has advanced moderately, and there are
rumors that this stock is manipulated to a considerable extent.

Dkcbmbsr

THE CHRONICLE

25, 1886,]

PRICES OF STOCKS AT

N. Y.

769

STOCK EXCHANGE FOR WEEK ENDING I>EC.

24,

Sales

HIGHEST AND LOWEST PRICES.
BTOCKB.
ActlTe

RR.

A Paomc

Atlantic

Monday,

Deo. 18.

Dec. 20.

11

67%

Otatnl of New Jersey
OsmtnlPacUlo
Gheaspeake A Ohio

BO
Do
Do
Do

pref-

66

64^

61% 63%
50 k 51%

4414
9

41 13

17

16%

ILia

10

89 >2
:

11

67is

44

135><i

pref.j

Oklean>*Nortli western

IIH

62>4
51>3

9
17
*10

Istpref...
Zdpret....

OUesffo BnrlingioD A Qulncy
OhleaKOHllwaukee&St.Paul.

52

ObloacoBt. Louis * PittaboTK.

90^

•16
•35

Do

pref.

110% 111

46

Delaware Lsokawanna A West
Denrer A RioQ., asseasm't pd

2d

3514
321a
5713
1514

pref
Bast Tennessee Ta. A Oa. B'j.
Do
Istpref.

Do

65
133''8

Do

75
28 >3
81

pref.

raBSYUle A Terre Haute
Oraen Bar Winona A at. Paul.

87% 89%

17
38
46'e

i25
*16l9
•37

82

8II3

|

ew

.

Do
orfolkA Western

53%
19%

11%

I214

32

33%

•27i«

281s

60'g

61 14
28^8
171*
32^6
29>«

28

Mississippi

OhloBoutbem

1713

Oregon A TraojH 'ontlnental
FMurla Deeatur A KTansTlUe.
miadalphla
A Keadluir
"
.

lA

721a

51

21% 22
49>4 49%

pref
Do
ortbem PaoUo
pref
Do

OhIoA

^2'^
1914

32%
28%
35% 36%

Alleg.,re<.-elpts..

lADaovllle
I'd A West P'nt Terminal
Koae WaUirtown A Oicdensb'K
klaoiilsABaaFranelsoo
prelA.
Do

34%

36>a

•71

oatbem PaoiaoCo
Stus A Paeiar, trust oert...

UnjoaPaeine...
.......
Vab.Bt.L. AP.,P.Oom.ropU.

Do

pref.

lanllannnrT Stocks.
ODieradoUualA Iron
OisulMsli il Uas Co

Delawan A

Hudson

Co

OcefiDa ImproTenient

Oreaon Railway ANav. Co...
ParfllcMall
Phlladelpbia Co., Nat Gas . .
Palace CarCo
Union Telegraph....
I

1

Bxpreaa Stocks.

31
621s

37%
211s 22%
61% 43k
18k 181;
34k 34%

35% 36

139

63% 63%

A Co
laacUve Stocks.
Ateblson Tupeka A Santa
Baffalo Koih.

A

'126
Fe.

94

130

94 k

PItUburg....

Oedar Palls A Minnesota
OiBtral Iowa
Uhleago A AiioD

•13

OteelB. Ind. Bt. Loala A Cblc.
aaataoatl Wash. A Baltlm're
pref
Do

14

91% 91%
•5%
9

6

9%

MoRlsAEssez

ew

York Lack. A Western
I Short Line
r

pref...

St. LaoiS Alton

A Tern Haute.

A ObloC< ntral, pref..
CsawB" coal....
Toledo

Osntral Coal.
aw
Iron
f(aB(aser<'i>al
.*

Vartoas Stock*,
Amer.

Ice. (Unl

Outt.'O Ull Irust

O

rllll<-»t'-8
Pine Line
St. Louto Ara. A Texas. .^^..
Irtmort..
Do
2d mort..
Do
take Erie A Weet.. 2d »s<. pd.

811a
I214

9
17

91a

10k
135

87% 89%

124

124
16
110

1714

94%
94

Dec. 22.

Deo. 23.

10% 11%

11%
66% 67
63 k 63%
49% 51
43k 43k

Friday,
Dec. 24.

92% 95%

11

67 k

62% 63%
49% 51%
41% 42%
8% 8%

•15

17

*8

9

•15

17

Ilk Ilk
63%
49% 50%
63

42

•8k

•15

9%

9% 9%
89% 90k

10

131%

132

15% 15%
94% 95%

94% 95k

67

102% id6% 100% 101
18% 17% 17% •18
42 k 41% 41% '42
32
29% 31% 31
105k 103% 105% 105k
17k 15% 15% 16
80

79
111% 113% 113

113

13%

26%
33%
73

34-'8

18

10% 10%
155
33

155
35

90
30
62

90

31%
63%
113

56%

74

80

12%
25%
31%
70%
49%
18%

26
33
71

13k

52%
18%
11
11%
30% 32k
20
20%
46 k 49 k
26
26%

58% 60k
25% 27
17k

17
30
27 k
30 k

31%
28%
34%

32

34%'

10% 10%

61%
18k 18%

59

33 k 33'e
36

4,086
1,415
44,675
64,745
3,525

660
1,600
1,2»5

29% 29%
62

61
112
54

112%

70
102

101

18%

101% 101

•18

63%
64
157

94
70
101

19

•42% 44%

43 k

31% 31% 31k 31%
105% 105% 106% 105% 105%
31%
16

79

80

81

•15
•78

16

80

60,970

415
92,640

7

May

61

Fet).

Highest.

13% Nov. 20
73

34% May
42k Jan.
38
7
13

943

1,660
25,080
13,622
1,081

11,640
15,103
7,164
4,080
57,805
2,332
78,610

33% 34%

33% 34%

30% 31%
61% 62%

31k 31k
62

63

33%
91% 91%
31k 31k
62
62%
33

20,020

683
3,050
2,875

6
Sept 24
Deo. 2
13k Jan. 8
21% Jan. 6
15k Feb. 13
141 Not. 20
99 Sept 20
125% Sept 20
120% Not. 19
144 Aug. 9
131 Feb. 17
19% Not. 2a
43% Not. 22
55 Not. 19
116% Not. 19
75% Not. 19
45% Not. 20
144 Dec. 4
35% Dec. 6
63% Not. 30
18% Deo. 7
64

Mar.

51

May
Apr.

55

56

114% 114%
37
37% •37
21
21% 21k
57% 59% 59% 60% 60k
18% 18% 18% 18%
18
32k 33% 33% 33% 34

35% 36k

37%
21%
61%
19

35%

36% 37% 36% 37
77
77% 78k 77
101% 102% •lOO 102

7,9P5
2,680
6,519

83% Deo.
35% D?o. a
91% Sept 15
14% Deo. 9
41

143%

Deo.

100

139%
•106
•61
'127

34
•13

59

60

31% 33k
74

78 k

Is ted.)

64% 68
0H% 69%
'.^2%

23

97% 98
22% 24%

77 k

77

9

78

101% 101

136% 138% 136
107% 106 106% 106
62
61
63
62k
126
129 '125 130
139'?

34
li'

5%
9

78
102

1401-4 136
107
107

130

129

34% 34%

•34

15

16

14

•13

91
6

•5

9

9

9

143
91
6
9

16
14

76% May

100% Dec.

80

100
69
71
175

4
June 21
Deo. 9
Dec. 3
Oct 16
69% Not. 23
98% Dec. 6
71% June 3
103 Dec. 9

Jan.

33% May
Mar.
Jan.

May
May
Jan.
Jan.

23% Not. 10
52% Not. 20
38k Not. 30

16k Mar.
40
21

Dec.

May

100% Mar.

119

4%

105% Dec. 10
117% Dec. 3
17% Oct 18
31 Oct 18

Mar.

11 May
22% May
50% Jan.
30% Mar.
15 May

6

38% Dec. 4
81% Sept 24
68% Oct 5
22% Dec. 4
12% Dec.
33% Dec. 18
27% Dec. a
39% Deo. a
31% Deo. 4
66% Deo. 2
35% Not. 22

Feb.

17% Jan.
8

25
22

Mar.
Jan.

May
53% Mar.
19% May
13% Mar.
25
16

i;2k Not.
Dec.

38

Mar.
Mar.

27k
25
17

200

Mar.

25
7

8

60

33k

72% 76
64k 67%
6Hk
22%

67%
22%
97%
52k
23

•34
18

18

5%

9

9

•5%
•9

6

k 10%

138%

141

105

26k 26%
32%
33

130

129

98
53
24

was
are the prices bid and asked ; no sale

27
31
•58

25
7

27%
31

60

27% 27%
•29
•58

32

31

61

•59

35%
33% 33%
15
14% 14% 15
73% 137% 74
65
34

63% 66
65% 68%
21% 22%
97 k 97%
51% 52%
21% 21%

made

200
260
127
160

118% Not. 13
67
114

Jan.
Jan.
Jan.

41% Apr. 24
28% Not. 30

Mar.
Oct.

68 k Deo. 2
24% Deo. 6
41% Deo. 6

Mar.

4

t

41k Dec.
111

108%
51

4

Feb. 8
Feb. 13
Deo. 6

109% Sept 14
67

Jan.

2

130% Not. 17
147% Oct 14
80% Not. 30

66
Mar. 26 130
15

Feb.

13

Aug. 10
Feb. 26

June 22

300 84% Aug. 18 99% Nov. 19
656 22% Sept 23 35% Deo. 11
620 11 Feb. 13 19% Jrly 29
12 Nov. 30 22% Jan. 5
10 138 May 17 146 Aug. 11
Jan. 18 101 Oct
I
100
2% June 10 6% Not. 23
1,360
5 July 2 12 Not. 19
14 132k Jan. 9 144 June 18
150 100% Jan. 20 109 June 1
Oct 9
000 19% May 8 38
200
4% June 2 9 Deo. 2
900 20 May 17 29 July 16
400 27 June 2 46 Feb. 3
250 46k Oct 15 63% Deo. 6
9,329
9
Jan. 13 37% Dec. 23
300
9 May 4 20k Not. 19
10,2oO t37% Deo. 22 118 Deo. 3

31
61

36% 37%
43

47%

27% 27%
31

31

•58

60

37%
44% 47
37

60
63% 31,431
64% 66% 63% 65
66
67% 66% 66% 66% 67k g^qqS^OOO
22% 23 k •22% 23% •22% 23% 1,600
99 321,000
97% 99
99
98% 99
52% 53% 54
54% •54 k 54% 323,100
900
22% 22%l

at the Board.

May

Apr. 12

June IS

124% Oct 14

136% Dec. 21 150
101% Jan. 28 111
51
119

Not. 15

96

May
37% May
May

21

4

77k Not. 23
Nov. 29
36% Nov. 16
72% Not. 15

Sept.

Jan.

May
May
May

4

34% Nov. 22
53% Not. 30
15k Not. 15

18% Feb.
2 May
75

Oct 14

21% Not. 28

May
43k Apr.
98% May
11

400 70

5%

140k 140k

•31
•59

140

129

34

*4%

^136

107% '107 108
62% 62% 62%

34

143
90

140

•60

62k

15
•13

91

•4%

'7

31% 31%

77%

101% 100

Deo. 14
Feb. 9

28% Jan. •
22k Oct 19

July
14k Not.

182 97
2,350 37
412 99%
113% 113% 2,250 106%
•37
750 30 k
37%
21% 21% 30,590 17k
60
60% 105,640 44 k
4,920 12
•18% 19
•34
4,600 23%
35

114
•55
57
55% 56
106% 107% 106% 107
112

Oct. 18

71% Dec.

12

400 32
4,270 120
6,900 29
6,426 61%
191 22
4,095 50k

113% 112% 113% 112% 113
13% 13% 13% 13k 13k
•25% 26%
26% •25% 27
33% 33% 33% 33 k 33%
71% 72
71% 72
51k 52% 50% 52% 50% 51%
466
•18% 19k 19% 19% •18% 19k
11% 12
11% 11% 11% 11% 15,670
11,190
31% 32% 31% 32
•20% 21% 2,869
21
21
21
21
8,996
48
49 k
49% 48% 49% 49
•26% 27k 5,200
27
26% 27
27
14,253
59% 60% 60
60
60 k 60
6,268
27%
27k 27% 27
1,405
17% 17% 17k 17k
16,820
31% 31%
31% 31% 31% 32
5,990
29
29
28% 29
28% 29
33
32% 33% 359,25)2
34% 32% 34
950
11
11
10% 10%
13

26
33

107

34k 35%

Lowest.

460 130

1,037

30
95

1886.

Week,
Shares.

5

55
108
113 113
37
36
21% 19% 21

107
114

132

94% 95
95

94

71

9k
9%

17

•15% 16%

18

58% 61% "61% "63% 63
64% 62%
64
60% 60%
153% 156
156
156 156% 156 .156% 157
49
46
48
48% 48%
94
93% 91% 93% 93k 93% 93% 94
70

42

1,

since Jan. 1, 1886.

8% May
950 128% May
89% 90 196,212 82% May
89 k 90
118k 118k 1,820 116 May
118k 118k 118 118
113 113% 113k 113% 113 113% 20,835 104k May
455 135 Jan.
'139% 140% '139%
140 140
126 126
126% 127
126k 126k 1,470 120% May
1,100
•15% 16% 15
16
15% 16
9k Mar.
500 26% Mar.
•35
38
38
37 k 37 k •36
15,570 35 k Mar.
46
46
46% 45% 46% 46
110% 110% 111% 111% 3,156 97 Mar.
110% 111
7,030 43% Mar.
65
65
64% 65
64% 65
34% 35k 34% 35k 34% 35% ,S5,621 26% May
115 Jan.
133k 134% 133% 134% 133k 133%; 204,950
32
32
32% 32% 32% 32% 1,500 21k »Iay
56
58% 58% 2,283 53% Dec
56
58% 59
15
15% 15
15% 14% 14% 5,752 11 Oct.
3,640 67 Sept.
74
74
74% 75
75
75
28
28% 28% 28% 28% 28% 6,141 24 Dec.
600 67% Jan.
82k 82k
2,950
11% 12k 12k 12%
8 Jan.
800 25 Mar.
39
39
38% 39
10

131% 131% 131
16% 16% •16
94

3'2%

341s
761s

Ilk

82
12

66

61%
60%

3!l%

20%

*78

39

32k

105

..

MlBlngCo

Do

Wednesday, Thursday,

Range

JAN.

74% June 3
87k Jan. 18
500
16 June 8
40
39
100% 100% 4,020 93 May 4
100 100
98
99% 99k 100
103 1031a xlOl 101
19,562
Dec. 15
48%
48%
45%
48
48%
48%
48%
46%
48k
48% 49%
48% 50
113
112% 116
3,005 102% Oct. 14
115 115
112 112
112 113% 112 113
613
139
128
May
3
139%
139
139
140
139
140
140
14U 140
69% 69% 84,030 60% June 9
70% 63% 70% 69 k 70
70% 71% 68 k 70% 68
78 k

101% 102

106k 106k
Wells, Parito

9
16

110

110

18
31

37

139

OaNadBiates

40^8

35k 36k
44% 45%

28

114

78

Canal...

40

15

17
38

50% 52%
19k 19%
11% 12
30% 33%
20
21%
46% 48%
26% 27%
59% 60k
26% 28%

32
63 'g
113
114
Do
55
56>a 56''e
•LraolADoluth
107
1081s
pref
1081s
Do
lUis 114
•t. Panl Mlnneap. A Manitoba. 113
1st pref

iz'sia

44% 46
110
64

em

pref.

66

60 k 63%
49% 51%

63I3 65%
651a
33% 36 14 32
35%
135% 132% 1341.. 131% 133%
3214
32% 32
30% 31
58>4
55
57% 53% 55%
15% I413 15
14% 15
75
73% 74% 73
74%
29
27
27%
271a 28%

6618
3718
_. „

12% 12% 12
Hooston A Texas Central
39
nUnola Central
130 133
I>dlana BtoomlnKt'n A West'n
16>4 17
161a
Lake Erie A West., ass't paid.
Lake Bbore A Mloh. aoutnem. 94
95% 93
96
93
Ung Island
95
LeabrUleA NasbrlUe
62% 59%
eoifl
Loals. New Alb. A CUoaso...
155
Maiihsttan EleTated,oonaol.. zlSe 160
47
llaaphlsAOIiarleston
46>a 49
92I9
93
94
mekuaD Oeotral
70
65
65
nil. Lake Shore A West
Do
pref. lOOmOlHl 101
*18»«
19'9
la's
Minneapolis A Bt. Urnls
42>4 43
42
Do
pref.
32>4 33>8
30%
MlSWSM Kansas A Texas
Missouri PaoUlo
Xl05>tl0«% 104 ig
16i« IT*
16
MobUeAOhlo
78
askr.Chatuuiooca AS t. Loals 79
801a
11218
113
York Central A Hudson,
113%;
13^8 14
12%
•ew York Okie. A St. Louis.
26I4 2716
26
Do
pref.
•ew York Lake Erie A West'n. 331s 341a 32%

Do
pref.
ew York
A NewEoglaoa
ew York Ontario
A western.
ew YorkBosq. A Western...

10% 11
651a

II8I4 117k 117%
IIII3 113
112°g llS'^e Ill's 113
14038 140%
13978 ISB's
'

pref.

OtoTeIandOol.Gln.AIndluuip.
OolnmbDS Hocking Val.&Tul.,

42 la
9
17
10 14

llS5ill8% 118

Do

OUngo at. Fsol Minn. A Om

9

11
66Ta

135 ^ 1341s 134% 135

OUeago Bock UUnd A PaolOc. 125Jal26

_

Tuesday,
Dec. 21.

of tlie

Stocks.

UuiadUui Pacltto
CkuiMlsSouthern

_

Bktnrdar.

AND SINCE

Ex

rights.

May 13 70% Not. 30
59% Aug. 24 92k Jan. 26
17 June 19 27% Deo. 3
30
93

June 2K 101

Oct 28

40% July 15 56% Dec. 10

THE CHRONICLE,

770
PBICES OP ACTIYE BONDS AT

N. T.

Name of Bond.
Pac, W. D.— l8t,
Inc.. Ua, 1910
Soulh.—
Can.
Isl guar..
2d, 58. 1913

Atl.

<fe

Dee.n. Da.2i.\
6s,

1910 85

5b,

1908,100

W.D.

STOCK EXCHANGE ON FRIDAY, AND RANGE SINCE JANUARY

\BaHgeSinceJan.

Oloting.

Loveett.

90 13 Deo.

b.

108% June

i

Clilc.

A Ind.

<

48,

a.

121 14 June
I1014 Apr.
IOII4 July
lOli* Julv
100 Dec.

124

1271a Apr.

1311a
a.

136
121
111

09

oal R., Ist, 5s, '36

118
109

.

Wie.&Min. Div.-58, 1921....|10()i2b
1IO512
'rcnuinal58, 1914
A N. W.—C0U80I. Ts, 1915 137 "si).
1130 b.
Gold, 78, 1902
1

100 Apr
110 la Dec.

101 la Nov.
94 Feb.
9714 Nov.

|

Den. & R.Gr. W.- Ist, 68, 1911
Assented
Den. So. Pk. & Pac— Ist, 7s, 'O.i
Det. Mac. A Mar.— lat. 6s, 1921
Land grant 3is8. 1911

78
75

124
115

h.

50

lucoiUf 7s. 19;il
971a
E. Ten. V. * «. Ry.- Con..58, '56 98
Eliz. Lex. & B. Sandy-l 8, 190'.~ 10712a. 10712a.

Erie— 1st. consul, gold,
long Dock, 78, 1893

1920 134

78,

11312a
112 b.
exc- 98=8

Con, 08, 1935

N.y.L.E.&W— 2dcon.

68,
58, 19tj9. ..
Ft. W. &Dcnv. t3. -Itt, 68. 1921
GiU.Ilar.A San.Ant.-lfct, 68, '10

Fundi d coupon,

91
89
107

2dM.,78, 1905

1IJ8

West. Division— Ist, 58, 1931
2d,(8, 1931
Gr'n B.W.A- St. P.— 1 st, 68, 1911. 90 b 90 b.
3812
38%
2d Income H8, 1911
Gulf Col.&San.Fe- l8t,78, 1909 123 a 124'4
102
101%
Gold, 68. 1923
Henderson Br.Co.— 1st, 68, 193 108 igb
H.&Tc.x.C— IstM. L. 7s. coii. oft 112
Ist, West. 1)., 78, 1S91.COU. off 1105
l8t,Waco&N.78, 19u3,cou.oll 105 ^
2d. cent 01. M. L. 88, 191

Gen. mort.
Ind.Bl.

6.S,

b.|91

91
71

i

1921

92
80

5-68,1909
2d,5-68,1909
Eastern Divi^ion— 6s, 1921.
Income, 6s, 1921

9

79
.

29
Ind. D.&Spr.— Inc. 1906, tr.rec. 40 a.
lut. &Gt.N.r.— 1st, 6s,gold,'i!' 116 b.
91
Coupon, 69, 1909
Kent. Centr.— Stamped 4s, 1911 65 b.
lOliab.
&0.—
6s,
goM,1925
Knoxv.
ist,
Lake Erie iV W.— Ist, (is, 1U19
Income, 78. 1899
Lafay. Bl. &M.-lst. 6a, 1919.. 104 b
Income. 7p, 1899
Long Isliind— 1st, 7s, 1898
115 b.
Ist, consol., 58. 1931
Lon. & Nnsb.— Conbol., 78. 1898 120 a.
N. O. & Mobile— 1st, 68, 193J 1105 b
93 b.
id, 68,1930
'114 b.
E. H.&N.— Ist, 6s, 1919
.1107'3
Geneial,6a. 1930
IO3I2O
Trust Bonds. 6s, 1922
10-40, 6s, 1924
Lou. N. A. & Ch.-lst, 6s, 1910 110 b.
97 a.
Consol.. gold, 1 8. 1916
Mem. & Cb'lston-68, gold, 1924 105
50 b
Mexlcnn Cen.— New a8«.,78.191
Mlcli. Cent! al— 1st. con., 78, '02 12912a.
109
Ist. consol
5a, lOi i2
Mlts'ii Pac- 1st, cons., 68,1920 114
3d, 78. 1900
1201s
104
Puc ofMo.— 1st, 6s, 1888
2dmort., 7s, l>i'-\
llOkjb.
.

A W.— 1st,

Mil. I.k.Sb.

T>iv

Micl.ii'n-

— '=t

6s, 1921.

f!.i.

109

t

90

b.

90i»

116%
111

Oct.
Oct.
F. b.

71

Mar.

20
91
31
11)

M—

Nov.
Dec.
Dec.

97 Dec.
II6I2 Apr.
109=6 Nov.
107
Nov.
100
120
100

105
52

Nov.

57

I'ec.

l:i3

Apr.

109

11 lis Mar.
117 Oct.
12713 Aug.

a.

11412b.

107
113

i04"'b

lie'""
b 114 b.

x^ap.

ibl.
tr , 58.

u. .>.

-

lOu

9. Lijyjij

Consol. & c.il.
19 J4 .... 103 laa.
Central Pacitic— gold 6s 1,895-8 116 b. 117'

San Joatiuln Br. 68,1900

112
101

112
LaudjTaiit s. 18i)0
101
Cblc. & E. Ill —1st, s. L 68, 1907
113
Consol. 6s. 1931
il4"b. 116
Chi. K. I. Al'ac—6s, coup. 1917
133
Exten. A ol. 5.-, 1934
Del. A Ilud. Can.- Ist, 78, 1891 112 b.lllO
Coupon 7s. 1S94
112 b.ili9
Evans. AT. H — 1st eons. 69, '21 lis
1

b.
b.

(

Mount Vernon- Ist,
11.

Central- 1st

6-,
gcdd. 48.

1923.

lOfl

1951 109

b.
b.

ijoiB-rhe letter " b" luOicates price

b.
II.

b.
a.
b.

lUia
103

109
bid,

b.

Jau.
Jan.

May

—

and "a"

•'.

a

i>(ai-

1

0.>i]>8.

.0.'...— i)j.<...)—

Juno
Jan.

Mar.
Mar.
Mar.
Oct.

May

Morgans

May

100148.

iii,ij'a8,l»>i

L.

A T.— Ist,

6s,

99% Nov. 102% June

1

New River- lat. Os, 1932
Imp. A extension. 68. l>'34

price atked; all other prices

Jnn
Jan.
Jan.
Jan.
Jan.

Oct.
Jan.
10312*. 100
IO414 Jan.

1920.

Nash. Cli. A St. L.— Ist, 78. 1913
Norfolk AW.— Gen'l, 6s, 1931.. 110

F.-b.

II214N0V.
June

u

C.St L.AN.O.— Gold 5.9,1931 114 b. 115 b. 112
130 b. 127
LakeSh.-C.«n.coup., l8,7s,19U0 1'29
[123128. 123 laa 119%
Con. coup., 2d, 7s, 1903
115
M. till. Elevated.— l8t, 6s, 1908. ll)7iab. Ili-Il3
HOOia 10912b 10-(i4
2d. Oa 1899
104 a. 102
Mil. A Nor.-lst, M. L.. 6s, 1910 104

Mar.

12018 June

lOHia Sept. 110

.

'

Jan.

1211a June
loolo \tnv

ido i.»t)o. ilx
98 Aug. HO
112i3Jau. 118%
107% Jau 112
1021s Oct. 10 r la
115 Jau. 123
110 Jan. 119
140
109 Jan. 113
110 Dec 1151s
n.-,io CiM
121

Jun»

—

>A4T1V
ItUl'l. (..

May

1401s

112i4JiUy
139 Jan.

1

lOUU Nov.

a.

Nov.

1

June
Juno

12712b.

.Sept.

.

Miir.

1514 Dec.
Fib.

9013a.

Jan.

I

Dec

107% Dec.

b.
b.
a.

Nov.

1

12i

104
96
Ill

130 >sb. 132
96»8
84
63iab. 54
125 b. 123
125 b. 1-25

35 Jan.
31 Jan.
90>s Mar.
108% Apr.

I

IO512 June

110
Aug.
40
Jan. 110
70
Jan.
130
Out

;07%

Nov.
Nov.
June

4413 Nov.

I

M,»r.

9(i

105 b. 104
138 lea. 134

74% Nor.

,

IO5I4 Mar.
41% Mar.

41
119

b.

June

May
May

.

1201a Apr.
I04I8 May

la

25

"8319"

Oct
Jan.
Feb.

1

128I2 June

b.!

53
32
30
25
75

Apr.
Feb.

July
Not.

,

106 14 Sept.
112 July
1141s Aug.
108 '9 July
105 July
9 .la June
73
Oec.

b.

b.
b.

32ieh.

136
100
102
105 ig
93 1«
118
110
106

—

Mar.
Nov.
Deo.
431s Nov.
99% Nov.
110 Auz.
139i3July
120 Apr.
124 July
104 14 Nov.
90 14 Mar.
951s Nov.
Sept 116 Juno
Jan. II914 Mar.
Jan. 103
Oct.
94 Nov.
Jan.
10710 July
42% Mar.

& W.— 1st, pref. ,7s, 1900 llOUb.

Ist,

Nov.

89
100
56

301a

b.

'

—

Oct.

8 1 =8 Nov.
85*8 July
831s Ju'.v

.

a.

128 Aug.
90 Aug.
101 July
87 5e May
72 14 .May
108 Oct.
10913 Doc.
101 Jan.

l.'86 •

Bighett.

,

'109
Apr
1261a Sept.

I

112
110
10«
62

LoweaU

1001-2 Dec.
73 13 Oct.
Jan.
Nov. 130 June
Jan. 133 Jun&
10!>38
IO6I4 Jan. 113 June
103
Construction, 5e, 1923
106 lab. 103 Mar. 109 Jun»
N. Y. Ont. A W.— ist. 69. 1914.. 105
93
N.Y.8U8. &\V.— l6t,6s,'ll.op.ofl 89
94 Dec
761s Jan.
71 v. 52 Jan.
Debenture, 63, 1897, coup, ofl 68
711a Dec.
110 b. 100 Jan. 110 Dec.
Midland of N. J.— 1st, 68. 1910 HO
81
51 Jan.
80%
N. O. Pncillc— 1st, 6s, 1920
85!>B Deo.
Ill's Jan 120 June
North. Pacltlc— Ist, coup., 68, '21 11708 1181s
103
9II3 Jan. 104 Dec.
IO314
Gen'l, 2d, coup 1933
James R. Val. Ist, 68, 1936.. 103 b
1051a July 109 Juno
108 a. 1021a Mar. 109 Sg June
N. PacTer.Co— Ist, 68. 1933... 107
121 b. 1 18 Sept. 125 Feb.
Ohio & Miss.—Consol., 7s, 1898. 121
118 b. 1131a Jan. 120 Not.
118
2d, consol., 7s. 1911
109 a. 91 Feb. IIOI4NOT.
Sprlngfleld Div.— 7s, 1903 .... 107
1st, general, ds, 1932
94% Mar>
871a Feb.
102
102 lab. 97% Jan. 108 Not.
OliloSoutbern- Ist, 68, 1921.
0.
39
40
34 Jan.
2d,inc., 68, 1921
491s Not,
Olisb 84 June 99 Mar.
Oregon Iinpr. Co.— Ist, 69, 1910 911s
llO^sn.
1909ill0i4b.
110
Oct.
II414
OierR.&Nav.Co.— Ist, 'Os',
Jane
104 >3
102 Jan. 1081s Mar.
Consol., 5^ 1925
991s
Oregon & Tranaoon.- 6s, 1922.. 99%
921a May 10414 Oct.
103 Jan. 119 June
Peo. Deo. <& Evana. 1st, 68, '.0. 114
80 a. 79iaa. 43 Jan.
lucome, 69. 1920
821s Not.
lOOie Jan. lim Juno
Evansv. Div 1st, ds, 1920... 105 b.
80 a.
44 Jan.
82 la Not.
Income, 6.9, 1920
80 July
Rich & AH.— Ist, 78, 1920. tr. rec 71 b. 71 b 65 May
a.
116
II414
Kichm. & Dan.—Cons., 69, 191.^
llll% Jan. 1191a Juno
105 b.
86 Jan lit JiUy
Debenture, 6s, 1927
1106 la Oct. JI1314N0T.
Debenture, assented
Roc.h. & Pitts.- 1st, 68, 1921... 115 b. 115 b. 'II312 Jan. 117
June
lab.
10712b.
107
103 June 112 Mar.
Consol., 63, 1922
108 b 1081a Dec
17 Mar.
RomeW. & Ogd.— l8t,78. 1891.
102
101
871* Jan. 103 Sept.
Consid, extend Ss, 1922
102
43 J.an 102 Dec.
Income, 78. 1932
106
107
101 Jan. 110% Apr.
St Jo. AGd.Ial.— 1st, 68, 1925
73 a. 5514 Jan.
72
7513060.
2d, income. 5a, 1925
115 b ,113 Oct. 1191a May
St. L. Alt.& T.H —lat, 7a, 1891. 110
111 b llOia Oct. 114 Aug.
ill
2d, M., pref., 78, 1894
107
103 13 Jan. 108 Mar.
2d., M., inc. 78, 189 1
40
33 Sept. 50 Feb.
Dividendbds, 6s, 1894
a. 112i£b 110
Aug. 118 Jan.
St. L. & Ir. Mt.— 1st, 78, 1892... 113
111 Aug. 119 Mar.
;114 b.j
2d mort., 78, 1897
9713a. 97 "aa
90 Apr. lOa July
Gen. Rv. & land gr., 5s, 1931
113 l>. 108 Jan. 118 July
St. L. A San Fi .- 6b., 01. A, 1900
10.">% Jan.
118 July
6a, Cla-sB, 190 i
lii"b. I05I2 Jan 117 June
6s. Class C, 1906
11 2 lib. lliia". 9914J11U. 114
Nov.
Gen'l mort 6s, 1931
Jan. li 6 June
80. Pac, Mo.— Ist, 6s. 1888... 101 laa. 104 b. 103
July 116 Mar.
St. Paul M. A M.— 1st, 78, 1909. 112H!b. 11312b. ,112
I1714
lldiaD.-c 1221s Feb.
1181a
2d, 6s, 1909
121>a 12l%b. 1115 Jau. 125 Jnne
lat cons, ts, 1H33
70 Fen. jlOO Dec
Shenandoah Val.- 1st, 78, 1909 90 b 100
43
43
29 July
4913 Not.
Gen'l mort., ^'s, 1^-21
[lOOiaa. 105 lab. 102
Oct. 1 13
Mar.
So. Carolina— Ist, 6s, 1620
81
D-'C
90 Feb.
2d Os, 1931
22 la June 33 Nov.
25 b.
Inc., 08. 1931
Sept.
So. Pac. Cal— 1st, 6s, 1905-12.. 11114b. llCib 103% Jan. 114
IOUI4 Jan. IO6I4 June
So. Pac, An.— lat. Us, 1H09 10.. 112 b.
100 Jan. llOOieDec.
Ist. 68, 1911.
So. Pac, N.
581a
34 May
63^8 Not.
Tex. <S Pac— Inc. & Id gr, 7s. '15 5312
72>4h. 45 1« Jan.
78 Not.
Rio Grande Div.— Os, 1930 .. 7312
n
08
63
3412
71
Nov.
&term.,
1905..
May
mort.
68,
Gen.
Tex. & N. O.—Sab. Div., 68,1912 104 a. 104 a. 100 12 Jiin. 10714 July
b.
a.
100
101
101
Mav
107
Aug.
Gr.Tr.lat,
68.
1921
Tol. A. A. &
103 b. 1031*1). 91 May 106 Oct.
Tol. Pciir. & West— lat. 78, '17
92I4
b.
102
100
10213
Jan.
Dec.
Con!.-l8t,
5s, 193S
Tol. & Ohio
Uniou Paciftc-lst. 69. la96-9.. Hope's. 110% 114 Jan. 11913 Juno
102 b 102 b. 10 lis Nov. IO6I4 Feb.
Land gnint, 78. 18S7-9
118 b. 118 b. 1 16 Sept. 123>4 Feb.
Snkin.i'fuud. f-s. 1893
llOisO.t. 114% Jan.
Kan. Pacltlc- 1st, 63, 1893... U2iaa.
100 b 109 "b. lit Sept. 116 Apr.
Ist, 68, 1896
114
b
11414b.
113 Jan. 1 8 Oct.
Denver D1V.-68 1899
106% lOyisb. 9913 Jan. 109% Oct.
Ist consol, 6s, 19 9
'22
97 '8 Feb. I119 July
106%
106
Oregon Sh. Line Ist, 69,
9J b. 53% .Ian. 100 Not.
96 "a
Virginia .Mid.— Inc., 6s. 1927...
'20
b.
69
44 Jan.
67 Deo.
Wall. StL &Pac. Gen., (is,
83 Jan.
97 Dec.
Chicago Divison— 58, 1910 ... 92131'. 95
9014b.
b.
92
Jul.
92 Dec.
Dctioir Division— 6s. I9.;l....
91 Mar.
WabJSli— Mongage, 78, 1909.. 85 b. 85>4b. 70 May
Ill
110 June 1151a Jnn.
1st, ext.. 7a, '90 1 12
Tol. & Wnb
109
108 b. 100 J une 110 Jan.
lat, St. L. Div.. 78, 1889
102 b. 101
97 May 105i4Feb.
2d, extended. 78. 1893
01 b 92 b. 8iia I'in< 100 Feb.
Con., conv., 7s, 1907
Great West.— Ist, 78, 1888.... 110 b. Ill 1). 'loo's May 114 Jan.
101 b. 100 b. 96 May 106 Feb.
2d, 78. \<iQi
R c&r.,78,'95. 112 a.
108% Jan. 116 Mar.
St.L K.C. & N
We^t Sho'c -r.iiar.. s ...
lOlU 104% lOO's AUL'. lori Nov.
.

140 May
121 Mar.
112 Jan.
llOisJuly

tl'", ^
tlnklug fund •8,1929
lOGisb.
Inking fund 5s, 1!^29
Sinking fund debcnt. 58, 1933!l08i2a.
25-year dcbeiit. 5s, 1909
Cb. St.P..M. A O.—Consul. 68. '30 118 b.
Ch.8t.I....fe Pitts.— l6t, con. .=S8, '321
C. C. C. & Ind.— Gen. 68, 1934 ..|108%b,
98 b.
Col. Coal & Iron-lst, 6s, 1900.. 083ea
84
Col. H. Val. <» Tol.— Con. 5s '31 82%
92 a.
Gten. gold. 68, 1904.
Denver* Rin Gi.-lst, 7a. 1900 118iaa 1191a
Cousol. 78, 1910, Trust roc...

b.

86>s

110"4b.
ConsoL, 78. 1904-5.6
109 b.
Mobile & Oliio— New, Cs, 1927
106 b.
1st, Exteimion, 6s, 1927
61
Istpref. debentures, 78
2d pref. debentures, 78
3d pref. debentures. 78
4th pref. dobcntiirea, 78
Mutual Un. Tele.—S. f., 68, 1911 85 a,
N.Y. Central— Extend., 58, 1893 104 b.
N.Y.C.&H.-lst, op.. 78, 1903,137 b.
|108%
Debenture, 5a, 1904
N.Y.&Har.- l8t,cou.,78. lOOOf
96I3
N.Y.Chlo.ASt.L.— Ist, 6», 1921.
67
N.Y. City&No.— Gen., 68, 1910
N.Y. Elevated— 1st. 7s, 1906.... 124
N. Y. Lack. & W.— Ist, 6s, 1921. 125
. .

b.

98

99
86

6«, 1920...

1920

Consol., 58,

June
June
June
109 la June
108 »4 June
143 13 June

Cldc

1st con. 4», 1936 ....

Mo K.&Tex.—Con.,

411s Feb.
103 Feb.
104 Dec.

1922

Cli.MiI&St.P— lst,I.&M.78,'»7
Gonsol. 7H, 1905
1st, So. Mill. Div.— f s, 1910..
Ist, Clil. & Pac.W.Dlv— 5s, '21

L—

95 Aug.
111 Apr.
lliij Apr.
118 June
120 July
112 Mar.
921s Oct.
IIII3 July
103 Aug.
117 Feb.
114 Feb.
88 Jan.

I

Dee.n lDec2i.

Minn. & St.
Ist, 78, 1927.... 130 b.jlSO
93
Imp. & Equip.— 6s, 1922
100 b. 100
2d. 78,1891

smoct.

I

Plaln48, 1921

Ifame of Bond,

HighaL

188«.

1,

Range tlnee Jan.

Olotini.

1,'S^.

b.

201l

»i)i.
Ceo. Iowa— let. 78. '99. f onp. ofli 85i8
Central of N. J.— Ist, 78, 1890. .,108 a.
107 a.
Consol. 78. 1899. asSBUt
Convert. 7e. 1902, a8seut
105V|
19.
3
A<UU8t 7»,
835ia.
Convert. <l«b. «a. 1908
Lo'hiW.B..con.78.19(>9.a8'nt 110
96 b.
Am. Dock & Imp., 5s. 1921.
Chea. &. O.— Pur in. fnnd 68, '98
68, gold, scries A, 1908
^|
68, gold. 8cr. B, 1908, coup, ofl
68, curreucy. 1918
Mort. 6^.1911
dies. O. &8o. W.— 5 68. 1911 ...
ChicHRO & Alt on -1st, 78, 1893.
Cblc. Burl. A <).— Deb. 5s, 1913.

Denver Divl-.,

XUn.

[Vol.

112

125
133

a.
b.

a. 115i8ii.
b.

and the range are from actual sales.

118
123
104

Ai.r.

1201s Aug.
1341s Jime

127

May

123 June
llSUApr.
1061s .May

104
116
127
131
11513
118

Jan.
Jau.
9913 Jan.
871s May 102

May

Aug.

June
NOT.
Aug.
Dec.
Dec.

.

December

THE CHROISICLE

33, 18 86.

Qnotations in Bostoa, PhtUdelpbia and Baltimore.
SKCCTRITIKS.

BO!*TON.

Atoh.

A Topekk— l8t,7s.

SECURITIES.
Gap— l8t, 78, 1893.

KS

Bnir.

.'10*

KartKm«e, Ga

?S^^*.':-..•••."::|';:::
Bnr.*Ko.tn N«b.-ex't,es
95

4*

Land

crant. 7a

ChJc. Borl.
Cblc K. C.

^O

* No. -5a
A We«t'D-Ss.,

103

|

ioOH,)

•stTn,

lf»»a.-8«. new..l

A sprtnirt.—5a
unto R. A Ft. 8.— 7a
Var. H. A OnL-1908, ea,

12-f

lOU

1»35.S8
Borlp

7«

iBomna

—.

Sortp....

77
77

..........

DelMBtan, 10a

K.M*x.A

8o.Pac.-7a....

T.A M. En«Uuid-7a.

R.

105

Ma. 6s,
OCdMUb.A UCh.—6s

IS*

BatlaaO-lM

6«....-

i
i

•aaUwm Kansw—5s
laeomM

—

WIseoDSIa Cent.—'ist'ser

*d series

STOCKS
A Topekk
BosUmA Albany
I

94 \

104

>

Baslon Sotsts B. A Lynn 105
25

Cintnl of MaasacUuaetta
Fiotoiied
Aotfilre. pTeteiT*d
Okie. A Kast'n Illinois...
Ohlo.Bnrl. A Nortirn
Weal Mlobisan..
Okie.
iStm. SenAosky A aeve.
Otoreland A Canton
Prof errad.. -.-"•••»—".
Cei. Bpilngt. A Cin

A

It

55 >i
100

say

bl

5U
21»<
6Hl

m

* PnasomiMle .....
liOelBS A 1*0., ptoz. < lbs

1.16

j; —

L.awrence.
12'

OaJanal

68'

T

38

.....I

101.

Preferred

•

JWj
65

PhU.Wll.A
Pitta. On. ASt.L.- 78....

78

78.

WJera6yAAtl.-lat,69,C.

107
Western Penn.—68, cenp. 112
6a, P. B.. 1896
58. rex.. 192)

50
60

(uc

A Aug.- Ist..
2d
Cln. Wash. A Bait.— lata.

l«'i

No. Central'-^ "aa,
68,1900, A. AO........
ael gold. 1900, J. A J
Pittsb.ACon'ella.-78JAJ

lti6

US
122

Canton eurtoraed
Virginia
g^

168
130
Mercantile.. 135
ICeronants'.UsS
4'rch'ts'Ex. 102
Aetropollt'n 33

......

110
133

..

St.

140

230
SMioud
S loeALeath 134
scatenfN.Y. 131

.

.

135
119

Nicholas.

7th Ward... 107 Si ....*
•

«••
-- «

132

Chird

37

rradeamen'* !05

'.35

'Hassan

-..a

160

... 15(1
.

no

6^

Ask. COirPAN'i?. Bid.

Ask.

|

IKO
150
IBS

PfcOlflC

[Qnotations by E. 8. Bailey,
Birt.

12.=;

>rleutal

««w York .. 200
Insurance Stock l*imu

51<ii

61
13 If

1U3
i'lii'

115
111
'

A Tenn.— 5a

............
lat, g., J. AJ.
J ......
J.
rref.,
2d,
2d, c'lar- by W.CcJ.AJ.
8a, Sd.K'"''-''''?''

A

Wllm.0.AAag.-6a.
Wll. A Weiuou- 69.
79

In default. {Last price this week.

Greenwich.. 225
Guardian ... 80

American...
Amer. £zcb.

Hamilton
Hanover

Bowery
Broadway...
Brooklyn ...

200

"'altwrt rtl.'Bs

Pine

8t.]

COMPAQ'S.;

Citizens' ....

Howard

City
Clinton

Jefferson

82'

45 >«
28

80

125
KmgaCo... 225
Knlokerb'kr 97
Long Island, 105

Commercial.
Continental.

Empire City

Mauuf'0.AB,125
Mech. ATr.l 5

Exchange...
Farragat

Mercantile..! 67

Firemen's'*.

Merchants'. 112

Qerman-Am.

102
146
97

Eai?l6

Mechanics'

Bid.

Ask.

[

1

National.

---

OUUPANIE8.

Paotflo...
Pj,rk
Pet*r

Cooper

People'8

Phenix

....

Ratger'a
Standard...
*tar
sterling ....

95
72
116
107
150

Stnyveaant
United at'es
Westchester
wuiiam^b'g.

10.>

A

drooKlyn 09^-Light

100
57
100
Boudp, r>8
OoQ^^oUdated Gas
77S;
J irsey City A Hoboken... 180
114
Metropolitan— Bonds
100
MituaKN. Y.)
102
Bonds, 68
100
iflsau (Bklyn.)
100
Scrip
50
P'wple'a (Bklyp.)

N

Wall

Peopls'8 (Bklyu)— 3d8, bs

102
60
104
78

F

122
114
76
110
136
109
115
113

L.

—

ilton Mnmcipal
Btnil^, 6a

...

ElultablBonds, 68

Gb*nt, Broker, 145 Broadway.]
D. E. B. &B. -sorli, 68 106
itock
lil^hth Av.
190
scrip, 6s, 1011107

—

1).

42a&Gr'ncl

-ii.

lat mort., 7s,

mort., 58, 1914

Uauh.

&

107

200
110
225

P'ry— St* 210
113
893

117

M.Avo

35 >a
107Sll08Sl
49
ac)a8t.W.at.*P.K'y„StR. 120 130
110 113
lat mort., 7s, 1894
100
^luth Ave
180
84Joud Av.— Stonk
105
107
Ist men.. 5>, 1910
101
I'onsol., 7s, 1888
it<i»5«
......
200
81 tth Av.

B'way Surface itds.irnar.
Bonds guar., 5s, 1905 ...
Brooklyn City- st.ock
1st mort., 5a. 1902
Bklyn. CrosBtown— Stockist mort., 7s. 1888
Bnahw'k Av.(Bklu)— St'k

42.1 St.

sr..

1st mort., 68, 1910
2d mort., luoouie, (js

Central Croaatown— stk..
lat mort.. 03, 1922
0«ut. Pk. N.<t K. RiT.-Stk
Oonaol., 78, 1902
Ohrlat'pb rAioth st— Stk.
Bonds, "8, 1898
O.-y Dk. E.B.« Bat'v— Stk

—

iio' 116

lit ,uon.,78, 18£)0

I

225
106
240
114

J20
105
236
112

\fr.K
Av.
Bonds, "8,1890
T venty-third .St.— *^tock..
« mort., 7s. 1893

,Thl''d

SECURiriKS).

8ECUK1T1ES.
Am. Bank Note Co

34

Rock & Ft. Smith..
,
Meiioaa State 6n
aiouuan National

Little

.

72

74

Pref

is"

Ist

Brooklyn Elev'd—atock..

44

...

105

50
105 <«

-

78

80

9

12

lat uiort
2ci

mort

CalHoruia Pacific

95
i;i
145
52 14

8

Iml. Coal H'y Co..

41

&

Chlc.

Ches. J;0., ser. B.ilcf. scrip
Cout. Colis. Imp. Co
Denv. A Rio (Jr.W
Des Molue.s ,fe Ft. Dodge
Prelerred
East * West R a. of Al».
Flint ,& Pere Marquette..
Pref
.

14"
121
104
106 1«
1U7
116
io3>i

84
47
29
111
90
108 Si

QeorKla

Pac— Stock
Ohio

—

iHt pref

2a pref
Bonds, 1st 6s
Keely Motor

A

1»«

»5

4fc

......

A

j
'

Postal Tel.&Cab.,wheu

184
S>

•26S.

"•ii"

"si"

5H
5
19
9
71

60

9

10

Us

A

M

A. A. <fe N.
Utah Central.— 1st. Gs
VickHO.tSt Moridiau-

Tc.i.

Prel

Wt

I2I4
109

15

80

......

3^,
7 Si

95
55

l8t mort
2d mort

22
7H

rT' 35"

27
8t. J0.4& Graud Lsi
Wlch.. i:
St. Louis Ft. s.
Hr. PaulE.AGr.Tr.,lBttf8 107

Inuomos
WPHt N. Car.— let

.

..

60
..—

13
mort....

Boston Banks.— Followinu are the totals of the Boston banke
L. T'uders.

Agg.Ol'ngfc

Deposits.*

(

105
1-^14
102 Si
lOiSi
102 Si

69

Ohio, 1st moit...

^.K. AT.— Income eonp..
N. Y
N'. Y. A (Jroeu"d Lake, Ist

New Jersey A

lat raort
Wentern
Pitisb.
lat mort

50

12

1886.

124>9
120

41>«

2d mort

lll'^

lat Ob

2da

Kanawha A

4218

25

USi

39

23
Northern.. .- 20
2
S
S. Y. W. rih.A B.— rftocK.
10
42»4 Vorth. Pac.— Dlv. bitirts.. 99', 101
6
6<«
81 Si Nortfi Kiv. Oons.-Scrip..
22
Pouaacola A Atlautiu....' IV

80

Prelenod

10

'

N. Y. City

1st movt.. 78
Clua-A iltlautln.— Benet-

I

mort

Jfich.

Delientures

121

ii'gii

1

Roudf, G.s
Mdtroi^olitan (Bklyu. I
^unioipal Bonrtp, 78..

30
116

hauk.AMHrcU.Tel-.Keii.M
Boat. U. T.& West.— Stk- "ii"

ui'i

124

Street.]

WLtliaiartiMifg

117
102
103
103
101
62

KK. Qnotations bj H.

Co., Brokers. 49

GAS COMPANIES.

Ask.|

Bid.

Citizens' <^a8-Llgtit

[City

N^lagara

North River

and Cttr Railroad Stocks and Bonds.

fOa« Quotations by Oso. H. Frentibs
4H

Y. Eqoit.
X. Y. Fire ..
N^.

15

90

-

Montank
Nassau

Qermanla...
Globe

G

235
85
140
157
155
85
130
235
105
110
135

130
150
IBO

..

Home

Amer. Tel. A Cable
Atih.A Pike's Peak,Ut.6s

vii'
7

Union RK.— l8t,gua.JAJ

1!1
113

«

OOMPAN'8.|

A

5a, Beriea
5a, Berlea B... --•",-:•{

W.Md'.^a,

Petabwe.

...

Ohio ...100

5a, 1931.......

49^1
7

102

110
fifth Ave... 710
1200
145"'
140
F>ttrth
165
161
F1^ton

America.

•lorth Riv'r.

Pirk
....« Pmple'e.
Pieulx
<epabUo

IHl
157

125

Unlisted Securities.— Quotations from both exchanges:

129 S)
9U

lat Inc.,
109 Si
20 >i ColnmbiaA Oroenv.— lata 89 Si
119
J. A 1.

25

t

AtUuta A Charlotte..

2da
Sda

>C>inhattan..
i.irket
iCeohanlcs' iI'ohs'&Trs'

lat mort.. 7», 1893

90
Cbea. A Del.-l8t,
110
Lehigh NaT.—IKS, 1914. 118
Mclft.RB., reg., 1897..

56S

Ine. 7s. end., conn.,
MIrto-Certs. lU^slU^
B^LA O.K. -lsi,ae.l90S
Ill's

SSJitf e Del

40
115

Cona. ds, 1909...........

84 >a Baltimore A Ohio—48.-..
Cen. Ohio.— 68, lst,M.&M

59
48 Si

NSTlgstlon......

1910

17

C lather Mf 9' JOO

280
175

2.1

Cona. 68, gold, 1908....
Oen.,4a, xold, 1923...-

A

nn

..

316

i?ino

137

Broker 8t.A Pnlt-F.- 8tklat mort., 7s, 1900
Br'dway A 7tli A v.— St'k.
lat mort., 5s, 1901

108 >3

•

74"!,

CANAL 8TOCKH.

I>e
RAILROAD BOS
;)10s, «J

50
50

99
129

-

Suiib.AI.ewi»fnl8.C,.'98

——

5»'a

ttebaylklll S»T.,pref...

AUeib. Val.-I

67
o7
69

l.i2>i

Haz. A W.— lat, 58

Pret
,
Vn
We»l«rn Mary land. -..50
BAILllOAD BO.VD8.
Atlanta A Charl.— lat....

ftO"

66
yoBBsrlTanl*
PbllaaelpblaA Erie
NoiTlatown
fkila. 0«. A
w^Ua, IVowtown A n.Y.
16'«
puna. A Read log...
JU4
PbU».Wllni. A Bait
21..
I7nlt*d N. J. Companies.

{fSiSSrAAtu^i'i:

100'4
lOU

35
Pitt*. Tltoa. A B.—78.00.
SbamoklnV. A Potta.- 7a 125
sonbnrr A Erie— lat, 7b. ibs'

2dpref
Parkerahurg Br

5t

JIarth PeoDaylranla..

TiTS^iiDd.

G«n., 68, g., coup., 1908 -*'"
Oon., 7a, coup., 1908....
Income, 7a, oonp., 18961
ConT. AdJ. Scrip, '85-89 5'
Cons.6a7lstser.,o.,1022
Cons. 59, 2d aer.,c.,1933
Debenture coup., 18931 {40
ConT.,7a, R.C.,1893..«
Conv. 78, op.off. Jan.,'85
10
Deferred Incomes, cp... 101
Bait.—48,tr.ot

Chart. Col.

UlUa HehoylklU

MlBehUI A wch. Haven
Beeonehonlug Valley.
Barlbern Cenirsl......

122

78, ooup„19U..
.'"
Cona., ea.g., l.a.C.191l|_,f

Cona-

Central OlUo—Com

Brook 148
49 >s
41
wlliuunaport
Bmtra A
64
Piolei led-.....-. ---•-'
15
Hnntlngd'n A Broad Top

ext.,

122%

-.-.-^

lat pret

18
4U>s

Baol P*nn«Tl'^an'»

7e,^.

127Sl

Baltimore

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

I,ald«b Valley

ibo'"

Cons., 78. reg., 1911....

Srr.Oen.A Com.— Ist,

r-Q.ATrad's'

Olty

CiSbs

BAI.TI.MORE.
BAILK'D HTOCKH.IPar

DoUwareA Bound

Mblgb

A N.Y.— lat

P6nn8ylT.-08, op., 1910..

OMawisas— 1st preferred

M preferred

130

Mli sohnylk. Nav.— l9t,69,rg. "ib
reir.. 1907....

FUII>ADhl'KHIA.

i""-i

'

8d,69.

Worcester Nai.l>"a4 KocU

Pieforxed

I

coup.& reg.,;893|«}."
"-

Cona..78,reg., 1911....

21 's

BAlUtUAb BTOIKB.I
B«V. H.Y. A Pllll.Ass.pd.
Preferred........
Ciadeo A AHantlc

134
132
IjOSi

CANAL B0ND8.
68,1886

Portsm.
112
rert*. Ot. Falls A Con'y.

--

eo

I

Union A Tltnav.- lat,78.
6S
United N. J.— Con8.68,'94 115
48>>
Cons. 68, gold, 1901....

"ia
IBU

OUOolonr
rentondSecoA

Preferred

63

R.-l8t.88,19in.. .,,„

Sunk.
8d, 6S.1938

..

G-eenwloh-. lil"
lanover
J57

Oiciiena' ....

iYi'ii'.""'!

A Pac.-lst. 68,1905
Con80l.,68, 1905.... „.

127
Worce»l«r...

A U Cbamplaln

]I^Hf»^
Ptot e i ied
unoilt Branrh
WlaeooslB Central

116
109

na"|i26"'

1%!.

U7

Preferred

A

29'.

3d
1U5

Mexican Cootrai"!!-.— i5'^
H. Y. A New England... {125

lb.

1121,

104
Warren 4 F.— Isl. 78. '96 111
West Cieeter-Cons. 79-. 115
13
W.Jeraey— l8t,68,cp., 9H
»-^ lat, 7a. 1899^

hoit-r
ti»t%. Houbl'n A Untos.

Ich

39

127

rUatA Pen Marqaette. 28
94 <i
Prafemd.
Iowa Falls A Sioox CIW. 84
Spiin
grd
Ban. 0. CUn. A
Kan. Cliy Ft. s. A OuU..
preferred
Kan. O. spnoKf. A Mem. 47
XitU* Book A PL amltb. Ul S
iCealral

Ifi

7

ibs"

...- «134

Vllebbnrf

a-i'i

195

184

RlTor

134

Imp.,69,g.,c«np.,1897,«'"^

l»"i

12

.

"•

Newt.

A

206

Cn«ltonilA Sootliem

123 >a

I'jav

Cons., 6s, 1920
Cons., 59, 1920
2d, 7a,

BoatoaA Prorldenc*...
Bosim Con. A M.. pret.

I

Perklomen- 1 at, 68.op.'87 108
PblLAErte— l8t,78,op.'88

|......|:Phiia.
129'-« 1:<I>^ Phil.

fcrfield

-I.

12313
132
135
4131

7,1906

1»»

A LoweU.
A Main*

104 Si

El.&Wmsp't^lst,88,1910 120
1U3
5a, perpetnal..
1U4
106
Harrisb'g—
ttarrisb'g— l8t,88,1883..
l8t,6
H.AB.T.— l8t. 78, g., 1890 aoij
100 "a
Cona. 6s, 1895....

Cona., 69,
Cona., 5a, reg., 1919...
1896
ib'i^ Pa. AN. Y. C.-78,

9S

'J.

165
212 220
2.W0

-

luoia

9*H

Atctalson

Boston
Beaton

....

100
76
101
V2
55

G^rmama.

Chase

nth Ward-.

,

<98

CouollilMed Ss

FMblo * AHu VsL—T*.

129
1U2

69, ej>.,

97
Ithaoa&Ath.— l8t,gld.,78
54 ^ l*h.V.— lat,68,C.&R.,'98
2d, 78, reg., 1910
Cona. 68, CAB., 1923..
18
N. O. Pac.— 1st, 68, 1920.
80
No. Penn.- 2d, 78, op. '96.
Oen.,78, 1903
iii"
Debenture 6a, reg
125
Nortolk A West.—Oen.,e»
U7
N. R. Div., l8t, 68.1932
lO.'VHi
N. V. PblLA Sor.— lat, 6i
lu7
Inc.,6a, 1933
luu
OU Creek— lat, 6s, coup..
45
Pennsylv.—Gen.,69, reg
1-J5
Sen., 68, op., 1910
1U8
Cons., 6a, reg., 1905...
»5
coup., 1906...

54 In

Kexiean C«ntiml—48 ....

Girm'n Am.- 106

132

Ooutldental. 115
Uorn Eroh... 180
"laat River- 120

EaetonAAmb'y— 59, 1820 lU
iiu"*;

G

290

l'2a

Commerce

190004
Del.* Bound Br.— Ist 78 130
East Penn.— l8t,78, 188K !;02

Connect'g

1U5
lUSi' 115

J

New 78, reg. coap...
* C. M.— 1st, 68.1914

Col.

Fran.Elk H.AMo.V.-da.. iliT-i
K. C Fan Soott A O.—7a
K. OltJ t*WT. * »o.-8a..
K.CItr^t.'fo.AO. B.—7a
K. Cltr Bp'd A Mem.— 6«
K.C. Clint

68, o.,'89

<ft

<fc

:\i,

60

Aak.

Bid.

Coauf 200

<.Y.

^.Y. Nat.Er 123
flnth
130

Broadwsy... 280
iutcha'A Dr 162

lO.iis

M53<
Atl.— I8t,7s,g.,'e3 115
110
2d, 68, 1904
Cona., 6p.
,„,,
f^^j^i Catawisaa— l8t, 78, con. c.

61

B.4.NKS.

Otilatin .... 200
14(1

Central

Chatham

Mort., 6s, 1889

Cam.

.

Income*

N.Y.* PhU.— lat.Bs

W
Cam. & Amljoy—

0t]ion-«xeiDut

CalltornU
nUSo.-B
So.-6a
Cona. Vermoiit, 5a

Aak.

Bid.

170
Ana. Exoh... 135

Cons. 68, 1921
lat.Tr. 6s, 1922
Bnir.Pltta.A
aen.,8i<

120

.

BANKS.

Local Secarltles.

Bnnk Htocte Ijlai.
BANKS. Bid. A«l!.|

Aoiunca

2d, 7a, 1908

Vi

.1

Ask

lat.es, 1905
Con., 68,1913

1-22

IjAod (p'aiit, 78
PialD, 6s

New York

Bell'a

125

124

Bid.

771

Dec••

"

4 44,724,800 10,623.600
11 146.107.1)00 10,453,200
18 U6,U:l6.5(l0ll0,71.',60O

3,176,700 110,468,100 13,665,100
3,50»,2uO 111,506,7011 l.1,-J57,80(!
3,010,1100 110,6.14.500 13,1.^3.200

Philadelphia Banks.—The

120

112
122

1886.

Loaus.

4

37,338,400
87,780,900

24,135,400
22,900,600

87,88K,l(lO

21,7H.'*,JO0

11
18.-->

totals

Lawful Mou'y

T

93,149,030
88,122,431
96,912,468

hare been as follows:
Agg.Cl'nge.

Deposits.'

•
88,608.400
85,782,700
84.042,700

InolndlUK the 'tern " due to other banks."

4.0:i3,7SO

70.693,387

4,029,750
4,0iJ,740

83,.ti8,347

68.912.529

THE CHRONICLE.

772
Nen York

City Banks.

—The following statement showt the

condition of the Associated

w«ek ending December

Loant and
DitcounU.

New York
MwihfttUn 00
HarohanM'
Meohuiios'......

-

America
rradegmen'i
FaltoD
Ohemloal
Merohuita' Exch.
BaUatln National..
Batoheri' A. Droy..
XooIuuklOB'

A Tt..

Oreenwlob
Leather UannTre.
Beventh Ward
State oJ N. Y
Amerlc'ii Exob'ge.

Oommerce
Broadwar
Mercantile
Paolflo

KepnbUo
Ohatliam

..

Peoples'
Nortli America

...

Hanover
Irving

,

OltlEene' ......

Nassau
Market
Bt.

.

......

NicholSB
<& Leather.

1.104,000
1,20&,5UU
566,000
2,966,400
382,600
686,000
9,603.200

'.i.6-.23,300

1,280.700
18.735.300
3,036.800

666.0,)0

l.'21:'.200

768,800
465,900
137,000
181,300
663,700
S1O.2O0

3.U91.400
16,162.000
lS.6Ul,9a0
*,»27,700
6.432,300

2.835.000
2.618,Ooc
1,030,800
1,387,000

6.225.ii00

1,831,100
1.518,000
1,022,400
8,178,300

s.ima.eof
4,KK1.80(,
•2,050.101

Bowery
N. Y.Connty
German-Anieric'n

Chase National...

TUth Avenne
Gennan Ezch'nge.
Gennanla ......
United States

...

Lincoln
Oarfleld
Fifth National...
B'k ot the Metrep..
West Side

Seaboard
Sixth National....

866,100
2l6,6oo
669, loo
233.000
592,000
596,6oo
785.600
275,000

813.100
204,500
885.700
131.600
201,200
279,000
181,200
190.300
3H3.100
221,800
165.800
348,500
132,800
67.900
215.000
242,000
593,600
279,400

4,5flb.4oo

1.220,600

4,b05,7oo
158,000
2oa.»oo
4,079.8oo

706,900

6'21i.4oo

17.71.'S,i)00

3,17*(.OO0
S.4 10.600

iSl.Ooo
1,469.000

20,616.700
5,287, 90C
1.300.300
2.404.600
2.336.100
2,697,500
3.73S.000
3,160,500
2,387,100
2,361,500
4,585,400
2.4H6,600
1,652,500
1.404,703
3,647,500
1,786.100
1,977.900
1,771,400

4,la8.t.oo

188,400
?»9.700
342.^00
4ol,4oo

i: 6,200

1,033,700

161,800
148,800

suo.ioa
260,000

40(1,000

1U,300

412,100
24,600
127,200
134,700
149,200
261,500
277.400

810,300
669,200
3:4,600
286,900
968.300
303.600
860,400
372.000

Det.B.CityAAlp. October ...
Uet.Lans'KA No.|2d wk Dec

46,00C

E.Tenn.V».&Cia.|-id

SS9,dc0
'90,006

109.51

80,600

wk

De<;

Kvans.ilud'plis 2'1 wk Dec
Evansv. A T. H. 2d wk Dec
Flint A P. Marq. 2d wk Dec
Fla.Ry.&Nav.Co Novenibei'.
Ft.\V.&Diu.City 2d wk Dec
Georgia PaclHc. October
Or. Rap. AInd..|'Jd wk Dec
Grand Trunk ...IWkD.c.ll
Bull Col. AS. Fe.|Niivciuber.
Hous.&Tex.Ceut id wk Due
Ql.C*nt.(m.ASo) -.d wk Die
C;edar F.AMlu. 2d wk Dec
Dab.&SiouxC.ljd wk Dec
.

105.S0(

8,292.100
4.958,100
1,941.900
1,761.000
1,075.200
2,451.100
1.182,200
3.851,900
13.391.000
12.776,100
4.670.100
6,865,600
2.761.800
7,242.000
4,710,500
2,668,200
3,744,400
10,773,500
2,901,000
3,164.400
2,986.800
2,692,800
1.873.200
8.456.000
4,986.900
6.673.000
2,080,100
21,144.300
22.562.200
2.054,000
1,061,300
18.183.900
9,224,000
3,715.000
6,080.700
20,002.600
6,532.200
1,118,000
2.608,800
2,768,500
2.510,H00
4.834,100
3,340,900
3,073,400
2,690,100
4.350.000
3,065,900
1,740.900
1.569,400
4,43u,300
2,132,300
1,911,800
1,964,600

128,300
644,800
841,000
179.000
297.900
402,900
270.700
137,600
882,000
150,100

l,2o7,8oo

i5,00(

i>3,600.£00

164,00(1

8,722,000

Uon.

9,380,00»
9,292,000
6,140.900
7,130.000
8,605,700
2.789.000
10,056,300
2.064,600
1.6H8.*aO

63.J.0OO

916,700
328,600
448,700
2,3»9,0oo

. .

»

lOlMOO

383.800

19.388,200
18.835.100
1.9S 1.000
1.207 .30C

other
than V. B.

230.000
155,000
124,400
38.100
185,600

1, 428,700

A Cln. Mid. 2d wk Dec
Hock.V.AT. 2d wk Deo
Danbury A Nor. October
Uenv. A Klo Gr. 3d wk Dec
Denv. A R. O. W. November.
D«8. Mo. A Ft..D.l2d wk Dec

Col.
Col.

SttDejKiUi

400,000
2^0.000
674.300
266.000
402.400
144.000
814,000
143,600
117,200
567,500
125,200
434,500

83.M00

2.e40.80(
?,32f.40(
4,454,30(
1,924, lOtl
8.195.000
9.926,40(
2.9iy,00(
2.6Sl,9o(
a,492.80(
3.11«,00(
2,046.501

Continental
Oriental
Importers'^ Irad.

Third National ...
N. Y. Nat. Szch..

•

849,7UU

Com Exchange ..

Central National..
Second National..
Ninth National...
First National...

•
6,.149.100
8.63:<.000

3.329.00(1

North River
Sast River
Fonrtb National..

Lefol
TMidert.

2,000 ,O0C
1,849,000

Bboe

Park

WeekorMo

Amount of—

Buti*.

10.(40.000
9,171.000
10,685,800
S.OHO.OOO
».Si3,0J0

Pll«DlX
01 ty

Latest Earnings Reported.

ROABS.

City for the

18, 1886:

Avtrait

AilUt.

New York

Banks of

[Vol.

6('7.70C

380,100
"'2'60'c

fi34,60C

41,800

la. Falls A S.C. 'A
Tot. Iowa Hues 2d

993,000
45,000
46,(00

wk Dee
wk Dec
wk Dee
[nd. Bloom. AW. .'d wk Dee

817,200
45,0c

[nd. Dec. ASpr. November.
Jack.Tam.AK.W October

Total

2d

all lines.

.

UtwkDee

K.C.Ft.S.AGulf.
188,700
46,000

Kan. C. 8p. A M. l8t;wk Deo
Kan. C. CI. ABp. Ist wk Dee
Keokuk A West. September

441,100

LeliigliA lludeou .November.

180.00<l

135,0(

881,400
46,000
2"24,300

360,000
43,000
45,000
45.000
269,800
200,700
225,000
180,000
"islodo

45,000

44600
46,OjO
134,600
46,00
180,000
:<

LakeE. A WeKt.!2d wk Dec
I

L.Kk.AFt.8mlth October
L.Rk.M.H.ATex October.
Long Island
3d wk Dec
Louis.A Mo. Eiv St-ptembet
Louls.Ev.ASt.L. let wk Dee
Loulsv.A Nnshv. 2(1 wk D.c
Lou.N.Al.ACUlc. 2d wk Dec
Loulsv.N.O. AT. November.
Lykens Vallt-y. October
Maine Central
al.. October.

Manhattan El.. November.
Mar.

A

No. Ga.. October

.

Uar.HouKh.A O. 2d wk Dec
Memphis AClias. 2d wk Dee
Mexican Ceut'l. 2d wk Dec
1

1

*Mex.N.,all lines November.

Mich. A Ohio... November.
Mll.L.8h.AWest.'3d wk Die
Milwaukee A N« d wk Dec
Minn'ap. ASt.L. October .

Mmn.ANo.West 2d wk Dec

Miss. & Tenn. .. 2 wks Dec
aYIobile AOblo. November
.Vash. Ch. ASt.L. Novembei-.

UN.Y.C.&H.R... November.
S. Y. City A No Wk.Dec.18
{!S.Y.L.ErleAW. October
. .

N. Y. Pa.

A

O. October...

JI.Y.ANewEnf?. October
W. 2d wk Dec
. .

348.683,700 74,886.000 18.082,600 363,761.6C0

Tot.a'

The followiuK are
Loaru,

totals for several
t. Tender*.

Specie.

weeks

DepoHtt^

7,914,1(

Br.Y.8u8(i.AWe8t Novembef.

past:

(forlolk

(Xreulatiofi Ago.

CUar\8

9

S

Sec. 4 350,847,900 77,828,200 18,6.«,100 360,981,400
" 11 362,418,600 76,032,800 18,091,200 360,174,000
• I* 34«.«93,7«ll 74.3x6.0011 18.062.600 353,761,600

The Boston and Philadelphia banks

7,972,400 906,905,713
7,931,000 8611,731,802
7,914.100 993,536,166

will be

found on

p. 771.

RAILROAD EARNINGS.
The latest railroad earnings
latest date are given below.

and the

totals

6N.Y. Ont.A

from Jan.

1 to

A West 2d wk Dec

.VortberuCent'l. November.
(f orthern PaciUc 3J wk Dec
Ohio A."Hiss
Is^, wk Dec
Ohio Southern.. November,
Orefton Imp. Co October
. .

Oreg. R. A N. Co 1st wk Dec
Oreg. Short Line October . ,
Pennsylvania... November
Peoria Deo. AEr. 2d wk Dec

PhUa.Ai:rle.... November.
Phlla. A Reading October...
Do C. A Iron October . .

Ktohm'd ADanv. November.
Va.Midl'd Div. N<»vember.

Latest Earningt Reported.

BOADB,

Week or Mo

1886.

Jan. 1

to

1886.

1885.

9
$
.676,,075 12 ,740,023
204,239
26,172
24,,7081
125, 145 1 ,108.842
Bait. & Potomac October..! 129,641
45..000 2, ,457,981
42,000
Bnff.N.Y.A Phil. 2d wk Dec
30,256
27. 855 1. 220,031
Buff.Roch.&Pitt 3d wk Dec
626,530
4tb
wkNov
84, 560
84,967
Bur.Ced.R.&No.
619,241
13,883
10, 450
Cairo V. & Chic. 2d wk Dec
Dec
669,338
20,955
Cal. Bouthern... 1st wk
r37,883
37,048
33 ,749
iCaxuden & Atl October
,593,416
OanadlanP&cltlc 2d wk Dec 204,000 152 ,000 9,
16 ,769|
205,883
21,407
Cp.F'r4Yad.Val November.
September
132,000 119 ,000
Catawlssa
37,281
33. ,278 1 ,265,075
Central Iowa... 2d wk Dec
,555,4111 ,4f2, 'J05 11 ,798,251
Central Puciflc. September
372,031 307, 436 3 ,397,316
Cbeeap. <b Uhio. October...
766,825
90,674
Ellz.Xex.&B.S. October...
70, 932
181,437 163, 107 1 ,367,467
Cbee. O. &. B. W. October...
ChlcaKO & Alton 2d wk Dec 179,064 176, 525 7 ,665,492
1 ,596,870
41,901
29, 251
Chic. & Atlantic 3d wk Dec
Chic. Burl. cSt (i. October... 2, ,776,774 ,858. 258:22 ,103,637
40,769
Chic. A £ast. 111. 2rt wk Dec,
39, 2341 1 ,682,875
489,000 515, 3.i6 23 ,977,876
Chic. Mil. ASt.P. 3d wk Dec
Chic. * Northw. 2d wk Dec
529,700 400, 500 24 ,209.984
,852,335
Ch.Bt.P.Mln.AO. 2d wk Dec 141,300 110, 400
Ohio. A W. Mich. 2d wk Dec
24,119
,334,604
21, 288
September
Cin. &. Eastern
19,848
14, 704
62,906
Cln. Ham. & D. 3d wk Deo
57, 812
53,6S1
tnn.Ind.bt.L.&C. 2d wk Dec
47, 960
,457,266
Cln. J. A Maek.. November.
.16.009
12, (119
165,432
52, 256
Cln. N. O. A T.P. 2d wk Dec
56,818
,697.027
28.827
Ala. Gt. South. 2d wk Dec
25. 570
,138,333
H. Orl. A N. E. 2d wk Deo
18,«S3
17, 072
612,017
If, ,804
Tloksb. A Mer. 2d wk Dec
15,933
484,303
Vleks. 8h. A P. 2d wk D, c
16,111
16 343
475,289
(an.Rich.iFt.W. 2d wk Dec
7,75]
6 ,231
364.018
Cln.Wash.AHali .d wk Dec
40.487
38, 753;
,908,090
Olev.Akron&Col 2d wk Dec
9.587
8, ,525|
503.05
Clev. A Canton. October .
33,816
27 ,119
296,263
Clev.Col.C.A Ind Ociobcr...
379,780 362 ,084'
,398,633
Clev.
M"rl< t'B «< T>fenibf.r
2S .d.'iO
'M 633
Atoh. T. &B.F.. October . .
September
*8onora

1

.

j

,687,348

I

!

. .

1

.

.(•

.

'Mexican vorreiicf.

tAndbranchee.

Bo. Car. Div..

November.

Col.AGr.Dlv..
West.No.C.Dlv
Wash. O. AW..
tEome W.A Odd.

November.
November.

Latest Date.

1885.
12,714,611
222,302
1,099,416
2,302,642
1,226,876
2,826,605

8t.Jo.

AGd.

October
2d wk Dec
.

wk
2d wk
2d wk
2d wk
3d wk

8t.L.Alton&T.H. 2d

Branches
Ark.ATex.

St. L.

9l.L.A8an.i!"rau.

Deo
Dec
Dec
Dec
Dec

1885.

S

$

6,623
65,600
23.882
150,0011

92,850
9,222
28,002
24,3>0
91,055
3.878
14,243
44.101
93.153
12,253
88,2ii7

42.851
358,057
292.631
113,138
2j5,900
3,500
22,300
16,600
42,400
338,300
51,822
40,107
29,213
50,805
32,918
3,902
29,78
27.455
19,105
91,138
43,558
48,525
50,960
16,200
306,185
35,270
218,449
62,789
302,857
667,482
13,900
6,380
44,775
86,700
148.928
20,941
37,360
14,076
150,911
15,827|

Jan.

1 to

B

Latest Date.

1886.

6,199
52,300
22.604
113.845
98,564
10,191

303,787
2,345,970
200,181
6,565,896
952,800
320,017
188,673
18,441 1,163,907
87,676 4,032,133

1885.

200,438
2,226,788
190,864
5,956,412
916,851

365,544
1,169,359
3,894,210

12,645
718,946
698,281
38,244 2,045,528 1,847,372
108.214
8.464
425,060
449,060
69.005
651,964
522,043
32,194 1,974,811 1,867,444
300,505 16,080,092 14,205,239
243,064 2,053,3.39 1,648.697
90,087 2,905.4.50 2,580,901
300,654 10,191,748 10,390,102
3,494
162,937
131,071
21,170
903,010
864.638
15,416
606,875
597,843
40.080 1,672,821 1,593,552
340,734 11.864.570 11,983,655
50, '11

2,437, f;45

39,549
7,352
48,"91
29,601

388.300
206,546
2,336,261
1,426,536

2,362.6,57

337.245
85,868
2,392.082
1,409,283

222,497
24,039 1,215,122 1,119,740
15,65^
196,391
161,429
82,175
522,187
4,53,361
44,792
286,738
256,406
45,36
2,947,27.T 2,798,925
50,939
401,224
409,831
15.600
801,486
667,889
268,220 13,314,971 13,053,340
31,141 1,798.242 1,603,629
212,046 1,508,354 1,146,592
93,199
633,994
602,619
272.012 2,583,978 2,412,448
590,893
6,350
44,767
73,125
117,354
17,275
26,385
9,057
172,410
6,023

966.063
1,351.833
3..588.776

1,579,008
203,73
2.261.403
614,507
1,238,582
473,520

22,113
266,861
260,132 1,779.800
213.769! 181,488 2,170,825
2,835,832 2,320,931 29,705.952
9.135
8,190
527.609
1,851.020 1,623,737 15,461,201
564,469 524,869 5,158.301
381,180 339,963 3,289,109
21,65')
22,331 1,276,9.')1
107,73.5
97.341 1.016,8 15
71,156
61,034 3,093,886
493.150 483,594 5,016,808
186.524 174,575a2.060.i'97
83,348
89,493 3,645,176
59.982
48,875
475,919
303,983 309.358 2.448,724
93,674 118,005 5,023,955
162,176 176,833 1,«18.286
4,347.218 3,971,539 45.950.852
16,557
12,924;
766.393
338,027
309.407! 3,407,310
3,011,482 2,878.370 •24,933,353
1,735,217 1.837.566'l2,613,692
412,514 365,998 3,720,040
136,243 132,291 1,428,922
>-5,603
77,735
712,031
63,318
78,023
545,461
43.903
43,059
488,621
10,305
9,318
299,343 181,896 2,206,593
22,427
23,125 1,108,030
27,275
22.696 1,206,610
22,060
17,711
754.109
54,690
38,273i 1.688,130
106,143
79,057 4,597,07
26,533' 1,485.474
27,192
805,662 859,6071 6,706,8.54
65,647
51,655
560,662
81,954
66,268
615,287
113,609 113,119: 1,022,638

807,336
1.271,467
3,363,787
1,381,886
168,441
1,333,999
534,531
1,412,709
1,900,422
1.911.200
22,185,691

438,082
12,968,795
4,121.772
2,828,703
1,199,284
1.005.9.58

2,617,100
4,983,225
11,161.7.54

3,464,604
4-25,951

2,418,459
4,728,293
1,499,925
11,568,345

700,264
3,012,825
23,971,564
13.009,820
3,623.498
1,432,472
734,557
620,919
437,076
1,419,028
1,037,532
1,206,854

725,823
1,201,884
4,190,723
1,341,411
6,834,288

dt.PaulADuluth
8t.P.Min.AMan. November.
... October
Shenandoah Val October...
579,014
South Carolina. November.
1,029,331
So.Pac.Comp'yGal.Har.AS.A. October .
220,236 319,806 2,140.818 2,522,432
G.W.Tex.&P.. October
3,283
5,413
37,805
Louis'a West. October
52,011
59,615
521,268
484,433
Morgan's (.AT October. .. 395.062 427,958 3,25 9.5 •<5 3,218,029
N.Y.T. AMex. October
17,729
26,725
128,989
Tex. A N. orl. October
86,785
801,097
91,665
800,242
Tot.At.8ystem October. ..
775.106 931,184 6,889,535 7.223,274
Tot. Pao. Sys.. October
2,116,230 2.113.219 19,242,5.'.5 17.915,610
Total of all
October
2,891.335 3,044,402126,132,088 25.138,881
Staten l8l'dE.Tr November.
50,3001
754,929
627.987
44,738
Summit Branch October
118,560 119,326
511,651 1,175,112
Texas A Pacllic November. 721,092 712.462, 5,290,133 4,973,247
rol.A.A.AN. M. November.
41,477
26,494
2.-,627
Tol. A Ohio Cent. 2d wk Dei16,7151
784,557
Un'on Paoltlc... October
2,755,154 2,714,608 21,908,823 20,989,351
51,880
Valley of Ohio.. November,
46,7911
561,576
Wab. 8t. L. A P- 2d wk Dec 28S.809 239,483 12,216,3 t4 11,378,732
95,704' 1,173,737 1,113,766
West Jei-sey... October.
96,596,
wloconRln Cent'l id wk Deo
31,399:
28,605! 1,459,396 1,397,982
Mlu. St.C.A W. id wk Dec
6,750,
3,157
275,376
170,438
11,474'
Wis. A Minn.. 2d wk Deo
3,3691
321,842
149,440
Scioto Valley

502,615
7,963,283
188,103

I8l.

November

1886.

XLQl,]

. .

.

1,241.614
10,ftl7,3(4

2,762,359
580,441
1,272,023
7,645,878
1,304,.577

21,908,399
1,594,125
23,678,839
23,221,861
5,577,899
1,238,370

. .
. .

. .
. .

.

. .

1

.

2,263,681
118,202
2,525,627
1,010,7.M
64 8.678
442.221

407.946
356,255
1,621.812

473,528
242,316
2,994,356

(

.

o For purpo.ses of comparison, St. Louis A Cairo, now operated by
the Mobile A Ohio, is iucluded in both years from audafter July 1.
b Figures of earnin);s for la.1t year have been adjusted so as to make
basis of comparison tie saiue as this year.
c Not including earnings uf New York Peimsylvania A Ohio.
IT Including West Slioie In 1886.
t Including ciuce April, in 1886, the Uttca A Blaok Biver Road.
tAud braucUus.

SaOEKBEB

THE CHRONICLE.

35, 1886.J

%nvtstmtnt
MHilvonii

issue

ItttcIItflcntje,

of

77a

debenture

The iJiVESTOBS'SuppiJaiENT contaiiu a complete exhibit of

Funded Debt of States and Cities and of the Shocks and
Bonds of Railroads and other Companies. It is published
on the last Saturday of every other month—viz., February,
April, June, August, October and December, and is fur»u?ud toUhout extra charge to all regular subscribers of the
Ohboniclk. Bxtra copies are sold to subscribers of the
Obboricle at 60 cents each, and to others %t $1 per copy,

Mlies operated

Passensers carried.
Fr't (tons) moved...
Earning <^
Passenger
Fre'ght

&

&

&

&

&

&

A

:

8b»wtnx that tlnoe June

bown

1,

br our reports to

1884,

we have arned mnre than

elttier

>

atockholdets or Railroad

$211,087
OMnmiaslODcm
The Central Massachusetts Railroad has been leased for 99
Jtmtt, and ia now fully paying its operating expenses.
The CMital stock has been increased by the issue of 5,877
bans, the proceeds of which have been applied to the purchase of the stocks and b )nd8, aad in payment of the indebt•dnea of the roads named in the authorizing Act,
EABSIXOS AHD DTCOME ACCOUNT.
1884-5.
$1,239,031
3^6,329
1,100,402
1,072,3»2
57,781
93,098
83,186

Mamiuffrom^Mocli omimgBn
I/MSi paMeas<fr«

L^aSlra&ht

nraugh

^isl

fielglit

Inftflw*

>.

Ovatatiac expeascs

Vatiaeooia
PfaturaawCT to

Taxes
Banla
latcreat

TotiJ dlaburaements

BalaDM
IMrMMda,

6 per oeat.

$4.0»7,439
2,623,434
$1,411,005

$163,204
702,543
283,28*
$1,129,029
'VI?????
$284,976
251,151

$33,S25

Borplas.

1885-6.

$1,421,216
404,557
1,248,.307

777,489
1,.'>41,961

146,326

Mail, express, &o...

S^rOO 060-which

1,214,380
1,198,250
758,937
788,850
*
$1,197,413 $1,190,074
1,475,843
1,502,458
113,113
147,247

$995,787 $1,065,663

1885-86.

535
1,268.408
863,711

$1,264,852
1,585.464
160,760

$2,839,779 $3,001,076
1,730,902
1,820,740-

$1,108,877 $1,180,336

INCOME ACCODNT
1882-83
$995,787
29,121

$1,065,663
10,421

1884-85.
1885-86.
$1,108,877 $1,180,336
7,828
7,400

$1,024,908

$1,076,084

$1,116,705

$1,187,736

$182,958
644.146
197,522

$189,000
661,395
215,533

$189,000
701 ,767
215,541

$189,000
707,130
215,578

$1,024,626

$1,065,927
$10,167

$1,106,308
$10,397

$1,111,708
$76,028-

Other recelnts.
Total Income
Disbursements
Rentals paid
Interest on bonds.
Dividends

—

.

Total disburae's

$282

Balance

1883-84.

& Tennessee Railroad.
(For tlie year ending Sept. 30, 1886.)
The annual report of this railroad has just been issued, and
Mississippi

owing to the interest which attaches to the financial affairs of
the company' the President's report is published at length on a
subsequent page.
It is remarked that the report of previous years has been
misleading in some respects, since the general expenses and
taxes have not been included in operating expenses, thereby
making the net earnings appear larger than they really were.
Thus in 1884-5 the net earnings appeared as $153,413, when
the taxes and general expenses were $37,571 and the true net
earnings $125,843, leaving a deficit for that year of $33,557
after payment of interest. Adding the item of taxes and
general expenses in each year, the gross and net earnings the
past two years were as follows
1886.
Earnings—
1885.
:

$100,778
309,78>

Passengers
FreiKlit

E'ipress

6,fc'40

Mnil

7,883
1,550

Privileges

Total

$117,378
337,684
5,023
7,963
1,500

$425,718

$489,549

$83,243
65,646
120,317

$70,120

Operalin.g expenses —

Conducting transportation
Motive power
Maintenance of way
Maintenance of oars
General expenses and taxes
Total
Net earnings
Interest on bonds
Deficit for

year

36,635

87,558
148,032
30,423
27,571

$328,360
$97,368
158,400

$363,704
$125,845
l»8,40O

$61,042

$32,556

22,.'Slf)

The balance sheet of Sept. 30, 1886, shows the bonds of
series "A," $977,000, and series "B," $1,100,000, of which
$97,000 are owned by the company and hypothecated to secure
a part of the floating debt, including amount borrowed to pay
the July interest. The floating debt is $166,471 and otirreni!
assets, including supplies, &c,, $71,400.

GENERAL INVESTMENT NEWS.

71.019

Atchison Topelia & Santa Fe.— Judge "Wallace, of the
United States Circuit Court, made a decision at Syracuse on
Tuesday in the Venner suit. Mr. James C. Carter, of New
$4,628,3S6 York, appeared for the railroad, and Mr. H. B. Turner, of New
3,184,470
York, for the Farmers' Loan & Trust Company. The suit is
1,443,916 pending in the Circuit Court of the District of Kansas,
and Judge Wallace denied the motion for an injunction
$170,175
with the Gulf Colo718,568 against the carrying out of the agreement
253,0b4 rado & Santa Fe Company, but prolonged the preliminary stay
until Dec. 29, with leave to the plaintiff to revive the motion
.f 1,141,828
for an injunction if in the meantime a decree is rendered in
$302,087 favor of the plaintiff in the Kansas suit. As Judge Brewer
290,133
has thus far ruled against the plaintiff, the Atchison Company
93.2SI7

133,173

$11,954

has been
The President's report states that the past year
of net earnings
one of prceperity, resulting in an increase
has not only been
0T« last ywr of $71,031. The property
greatly improved, and
weU mainlined in every respect, but real
estate, has been
purchase of
all expense except the
The loss by freshet of the
Suwrf to operating expenses.
snowstorm
Ancnsta Bridge in January and the unprecedented
the operating exUtf in the winter materially increased
to and from
nmtt, tot the year The travel, particularly
* *
years
H.rbor shows a large increa^e over previous rand rolling
powt
increased trnfflo has taxed the motive
additions to it must be made
rtock t^ihe ulmoet, and larw
the shops will approxiSumming year." • * "The cost ofhas
provided for by an
the company

^he

533

1,253,615

Maine Central Railroad Co.
(For the year en-ling Sept, 30, 1886.)

fc

18«4-85.

524

$',147,207

Net earnings..
issued.

been charged in accounts the past
of money paid the Bjstoa Concord
ontreal Railroad, but said payments have been in excess of
the rental due that road by $iS,22i. The lease of that road
proridea that its rental shall be twenty-five per cent of the
receipts of the Northern Concord
Claremont, N. H.,
R and the Boston Concord
Montreal Railroad, leas
1200,000 per year; and provides, further, that this road shall
ffuarantee that said rental shall be sufficient to pay the interest
on its indebtedness, the rental due the Pemigewisset Valley
Railroad, and six per cent on the preferred stock of the
Montreal Railroad f or the first year of the
Boston Concord
Under the lease, thereleaae, and five per cent ttereafter.
fore, the maximum rental, according to the statement given
us at the time of its execution, was $392,476 for the fiist year
and $284,470 fur the second and thereafter.
"At the time of the lease of the Boston Concord Montreal
Railroad there were turned over to this corporition certain
stocks, bonds and miscellaneous assets of a value unknown,
but estimated t) be sufficient to meet a considerable deficit,
should one occur, in the operation of that road under the
terms of its lease. These do not appear upon our books, and
haye not entered into our statement of earnings," Under
Montreal Railthe lease the rental of the B >8ton Concord
road shows a balance of $192,86.j due this corporation, ''which
we hare a riKht to reimburse ourselves for out of these miscellaneous assets, whether we holi the lease oF that road or
not. These assets are, in our opiaion, ample to cover this
amount, and any further sum found due under the lease for
MToral years to come.
summary of our financial position with the Boston Conootd ft Montreal Railroad will be found below
$28,222
Amoaatorerpaid on Kuaranteed rental
AiMaat doe rrum misceUaneous properties not appearing In
162,865
oar Iraoka or accoants
Amouiit of Improvements aattioriz«d and made, charged to reIon,
aliuut
50,000
corpora:
pairs, bat wUoh are due this

amount

,

^1883-84.

483
1,1" 0,937

Receipts—

It states that there has

rma

1882-83.
.

Neteamlngs

Boston & Lowell Railroad.
(For the year ending Sept. 80, 1886.)
The annual report in pamphlet form has just been

per cent interest^

OperatUma—

Total gross earnings $2,835,494 $2,816,373
Expenses and taxes.
1,839,707
1,7.50,710

ANNUAL REPORTS.

full

bearing 4.%

:

th»

eiar the

bonds,

maturing in 1916."
The operations and earnings for four years have been compiled for the Chronicle as follows
OPERATIONS AND FISCAL RESULTS.

deems the prospect

of

any further injunction against them

as-

very remote.

Atchisoa Topeka & Santa Fe.— Chicago & St. Louis—
The Chicago Santa Fe & California Riilway Company ha»
purchased the Chicago & St, Louis Railway Company,
extending from Chicago to Pekin, 111., and all of its property
and effects, and it is designated as the Chicago Division of theAtchison company's lines. F. E. Hinckley has been appointed
general manager of the division, with headquarters at
Chicago.

—

Beech Creek. The stockholders are asked to subscribe to a
$100,000 car trust loin. The 5 per cent dividend will be paid
in cash to those who want cash, in car trusts to those who will
take them. The largest holders have taken the car tiust bonds.
Broadway Railroad.—At Albany, Dec, 23, Judge Peckham of the Supreme Court decided that the Broadway repeal
legislation of last winter is constitutional, but that the mort-

THE CHRONICLE.

774

on the property. The case is that of the People
agairst O'B ipp, rectiver of the Broadway Railroad. Attorney-Gfiieiiil O'Brien will at once prepare an appenl from the
decision. The ajipeil will be tdkin to the General Term, comprising J ud};fB Learned, Buckts and Lindon. Ic mei-ts on Jan.
25, and as the cause will be preferred, a decision may be expected in March or April. It will thus be possible to hrin«
thecase before th- Couit of Appeals and probably to secure a
decision bt fore the summer recess.
Thi^ dt cisioM is ne of great importance in railroad matters,
and touches deeply the inleresis of bondholiers. Icwuuld
bean embarrassing and dangerous situation for the holders
of mortgage binds if some t< chnical violation of its charter
by a ruilic^d should work such a forfeituie of its charter as to
inyali''ate all its etcuritiesin the hands of innocent purchasers
for value.
Following are the main points of Judge Beckham's decision:
First— Tlie act 01-solviu« tlio corporation i« an effectiTe exTclaeof
ower. una upon Its passugo tie Brouilway Sirrface Eailroad
leiiie atlve

I

gatEes are a lien

Mexican Central.

Mobile
Court h

made

earnings
Operating exj eases

Net earnings
*

*50,000 ppest for

1H8H.

.

$2i3,"72

"204,843

lc4,r,03

$431,720
395,335

$453,734
33H,307

def.$507

$58,764

$30,385

$121,427

)8«.5.

rails.

Cliidnunti ^ew Orleans & Texas Paciflc— The directors
of this company met at Cincinnati this week and accepted the
resignation of President Frank S. Bond. They elected Vi -ePrcsidenl Charles Schiff to fill the vacancy. Mr. Bond has
Jong been a prominent railroad officer, and he now comes to
New York to take the Vice-Presidency of the Chicago MQwaukee
St. Paul.

&

Fort Worth & Denver City.—The earnings and expenses
for November, the first month of \he fiscal year, Were as
follows

:

November

•

ISSC.

Gross earninss
Operating exjienses

$'>-.;,476

Neteaningp

.

l!-85.

$43,51J

22,207

24,i'0i

$J(>,269

$8,610

Fort 'VVortli & >ew Orleans —It is reported that Mr. C. P.
Humiiipton has pui chased the Fort Worth & Now Orleans
Railroad for $546,000.
lloiisatonic- On the newly-elected board of directors the

New

& New England

element is represented. The new
WilliHm H. Barnum, Horace Nichols, H.
T. Leavilt. William D. Bishop, A. B. Mygatt, D. W. Plumb,
William E Duwnes, Francis A. White, of New York, ancl
Henry Hentz, of Brooklyn. Mr. Hentz is regarded as the
"i'ork

board

is

made up

$i..''95,l ;9

2,417,817

$3,111,729
2,307,82J

Net earnings

$1,177,352
*4i5,od6

$303,909
•308,151

$762,286

$495,758

representative of Mr. Bostwick.
Thus seven of the old
directors are retained and the New England has two.

Kentucky Central— Chattaroi.—Judge Jackson of the
United States Circuit Court has ordered decrees entered at
Covington, Ky., for the sale of the Kentucky Central and
Chattaroi railroads. The Kentucky Central will be sold within
eixty days. The Chattaroi road will be sold to satisfy claims
of the Union Trust Company of this city.
Lake Shore & Michigan Sonthern. This company's report
to the New York State Ct mmiesioners compares as follows for
the year ending Sept 80, 1885:

—

1886.
$15,231,457
8,8^ 0,9n9

$14,042,606
8.775.313

Inc. $1,18>',851
Inc.
115,636

Ket earnings
Other iucotuc...

$6.340,4S8
f2,0;7

$5,267,^93
1,270,712

Inc. $1,073,165
Dec. l,2C8,6.fD

Total income
Charges

$6,402,535
4,300,181

$6,53-' .005

$2,102,354

$2,.'5?,649

?iirpliis

Louisville
:

Deo.

4,279.358

New Albany & Chicago.— The

©XI erseti Jor October and

as b(low

Dimrevrc.

1885.

from January

1 to

Inc.

$13.'>,170
20,Hi'5

Dec.

$15B,i95

&o

earnings and
October 31, were

Xotember.

.

Gross eMrning*

Oper e.xpcuses
Net earrings....

,

Jan. 1
1886.

.

to

I'-S".

1885.

$493,149
2»5,223

$4H3.593

27^6.5

3,24S,3t3

$197,926

$207,9-8

$:,768,414

Oregon Short Line.
penses for October, and

—

$5.niii,808

—The statement

mouths

for ten

Nov. 30.
1885.
$l,9-t3,222
2.969,163

$2,014,054
of earnings and exfrom Jan, 1, is as

follows
October.

Gross earnings
Oper. expenses and tax

s

.

Jan.

.

1 to Oct. 31.

.

1886.
$li32,175

1885.
$176,8.13

$l,'il8.286

1885.
$1.4;»9.925

132,741

116,319

l,]9i.52o

1,020.333

18-!6.

$60,013
$423,764
$479,591
Pennsylvania Railroad. The gross and net earnings in
November are compiled for the Chronicle below. In November, 1886, there was an increase of $375,679 in gross earnings
and a decrease of $89,564 in net, compared with November, '85.
Since Jan. 1 gross earnings show anmcrease of $4.3S2,509 and
net an increase of $1,585,233, compared with the same period
Erie the net result,
in 1885.
On the lines west of Pittsburg
after payment of all charges, shows a eain of $75,928 in

Net earnings

$29,434

—

&

Since Jan.
1886, compared with November, 1885.
the net result shows a gain of $1,187,646 compared with the
same period of 1885.
LINES EAST OP prTTSBnRO AND ERIE.

November,
1

-aross Earnings.
1886.
1885.
$21,319,593
Jan. 1 to June 30. $23,250,164
4,356,«77
July
3.68.S10i
3.956,3u6
August
4,585.390
4,H74,052
4,V76,ti28
SHp'ember
Oct'ilier
4359,174
4,737,351
4.''47,213
3,971,539
November

-Set Earnings.

,

1886.

.

1885.

69.624 $6,519,859
l,580,'i23
1,160.049
1,90S,015
1,649,012
l,'9z.051
1,S16..^35
1,-62,748 1,93?, 813
1,616,285
1,52 .,721

$7.'

Total 11 months.$15,9£0,852 $11,563,345 $16,361,301 $l4,776,0d9
LINES WEST OP FITTSBURO & EKrK.
Net surjitus or dfiicit after payment of charges.
JJiff. in 1886.
1886.
Gaiu.
$336,892!
Def. $987,0 <0
Jan. 1 to June 30. Dof. $65i >, 93
Def.
37,1(18
Gain.
273,429
Sur. 236.321
July
Gaiu.
19:*,732
Def.
130,061
Sur.
69.671
August
Gain.
172,619
Def.
90,226
Sur.
82.423
September
128.916
127.9i:6
Gaiu.
Sur, 256,842
Sur.
October
48,.i32
Gaiu.
75,928
27,:'96
Def.
Sur.
November
1

Total 11 months. Sur.

of

Tear Sept. :iO.
Gross caininge
Kipenses....

lesi-s.f.

GrofS ranilngs
Operating ex Ileuses

:

1886.
$'04,33(5

18s5.

—

ttrm of court.
Nortliern Central.- Fol.'o wing are the earnings and expenses for November and for eleven months ended Nov. 80

:

Gros

$283,269
circular

& 8t, Louis. The following retumB
ended September 30:

Surplus

Philadelphi.i.—Following is a sta*enamt of the grofs and net earnings of this road as specially
obtained by the Chronicle
Nov. 30.

company

1,099,105

*No inlcrest on raoitgagc bonds Included.
New Y .rk Chicago & St. Louis (Nickle Plate.)—The
decision in the Nickle Plate fore'losure suit by Judges Jones
and Hamilton in the Common Pleas Court at Cleveland, has
been pittp med until January 3, the opening day of the next

up.

Oct. 1 to

Chiciigo

for the year

Rentals, taxes,

New York &

.

$^01,228
has issued a

i^fS-se.

applicable ui oir the basis of this decision.
t'ifik—As a part of its pni)iert.r the receiver takes the franchise to
run cars in Broadwaj-, subject to the lien of the two mortgages and to
traffic arranj;ement8.
Six'/i-The court does not pa s upon the question as to the rights of
any particular holder of boruts secured by these ram t -ages, but only
decides tUnt 1: there nrc any holders who areeutitl d lo enforce the
liens of such lunitgaKes, those liens embrace and cover the franchise to
run cars thiough Broadway.
Setenih—TTiK poniou of the act which provides for proof of debt' be
fore the receiver, ani the taking of tef-tirnony by him, and the decision
of the or'Urt rrion such testimony, does not provide for such a hearlug
befi're a.iudicial tribunal as au individunl who claims to be a creditor is
entitled to. ami lieuce it Imposes no obligations uiion them to comply

,

—This

10

Ik Northwestern.- JuJge Hill of the United States
appointed Ben WiUon of Memphis receiver of the
Northwestern Railroad (narrow-g.iuge) in Mississippi,

New York
are

Second— The Brntidway Sui face Railroad Cumpanv liad power to issue
d by luortpi*' on iis property ami franchises, iiu ludin-'
run tliroiiirli Broadway, tor the puriioee i>f corui letmar or
opcrtit lis it« road, and all such fraiicbtscs remain subject to the 11 n of
such ijioitgiis.-p, and ili« aci provlcling for tlie sale of sucli fraTiclilsfS at
auction aud llii' paymi nt of the pmclia-e price thereof to the city of
New York Is invalid a" asali Bt thosn holders of bonds (secured by sucli
ni'irfRagcl who can eiif.ircf p .ynient thi r. oi.
TAird— The so-called Iraftfc anaugciuenf s or afrreemeriti bctir»en the
Broadway & Sivcuth AvenncRiilroad and the Broailway & Twentythird Street Railroad coniparries and Broadway Surface Riiilrnad Company T»erc valid when male, aad are not affected by the dissolution of
the latter company.
Fourth - The rcc Iver taliea a'l propert.v of the Br vadway Surfao" Ballroad C impaiiy, and It is his duty to wind up thn concerns of such company under the so-calh d ' Binning up" act, so far as iti provisions are

Xovember

$Ul,j27

<8

Ml. bile <&

tberifclitto

.

1J5,«T0

.

$l,3rl2,464

comnariy's circular of D 'C. 1.5, 1885. A L ludon report estimates that about $10 000,000 of tue bonds and $7,000,000 of
the htock are held in England.

Company was di-solved.

ovM

llfi.SOO

$86,715

31
1^85.

to Oct.

$1.?'57.2':5
e.O-i?

announcing tliat the English bondholders have withdrawn all
opposition, and have agreed to convert their bonds, under the

Its boiids fcciir-

pi

$177,4118

.

fan. 1
IS'B.

.

IS-I."'.

$203,515

Net earnings

:

Buffalo

.

1856.

<

with such

Oclobet

.

Oroea earnings
Operating expenses.

Vol. XLIU.

$22,455

Gain. $1,187,648

Def. $1,165,191

REPORTS AND DOCUMENTS.
Mississippi & Tennessee Railroad.
presidest's report.
:o.,)
President's Office, Mississippi & Tennessee R, R. Co.,
Memphis, Tenn. , November, 1886.
^i
R. Co.
To the Stockholders of the Mississippi & Tennessee BR.
The President and bo;ird of directors submit their thirtieth
ennual report of the business operations and fiiiancial condition
of your road for the fiscal year ending Sept. 30, 1886, as follows:
The gross earnings from all sources were
:

$100,778 18
St. 9,785 99

From p'ssengcrs
Fromfi-eight

Fromexpress

5,'i4077

-

7,S6i08

From mails
From privileges

1,550

The operating expenses were

uO—$425,718 02

:

For conducting transportation
For motive power

For niiiiutenance of way
For maiiiti-nnnce of cars
For general expenses and taxes

$33.213 71
t,5.Hi6(v5

190,11704
22.51 76
>

36,634 11— $328,361 27

$ 7,356 75
cost of oper.itiag the property, induding betterments,
taxes and general expenses, was 77'13 ptr cent of the gross
Receipts above operating expenses were

The

income.

The

interest charge

on your funded

debt,

commencing with

December

THE CHRONICLE

25, 1886.]

the coupon due on series "A" bonds, October t, 1885 (which
was not charged up in the balance sheet of September 30,
1885), and including the coupon due on said bonds OoLober 1,
^^^^^ latter is properly chargeable to the fiscal year
^S^'
188*6, amounts to fl97,480, although the actual interfst accmioK on your outstanding bonds for twelve months, is but
$158,400. Tn is increased charge of $39,080 in the present
year is occasioned by the fact tbat it is has heretofore been the
custom of the company not to charge up the October coupon
until after the accounts for the year were closed, notwith8tandini{ thatth'' interest rep-esent«J by said coupon had fully
accrued on S.-ptember 80; where^ns it is now determined to
amend this custom and charge said coupon in the year during
which the interest actually accrues, thereby presenting a more
correct showing of the company's financial status at the close
of the fiscal year. Hence the year 1885-6 is charged with both
the coupons of October 1, 1885, and October 1, 1886.
From the foregoing it will be seen that the year's earnings
show o d'-Z/c/emyc/ *100,123 25of the amount necessary to
meet its operating expenses and accruing interest.
By reference to your Treasurer's report, it is seen that your
floating indebtedness at the close of the year was as follows:
Ooopoo Intemt
$44,380 00
Pay roll* and vouchers
57,518 17
BliU payabe
2.S33 33
Loan* fur cuu|ion8 and Meel rails
84,000 00
Ledger balaucoi
42,749 75-$231,481 25
Againat the above, your available assets were
CaaboD band and tn hank
$13,548 33
Depoaltad for ateel rails contract d for
47,766 2S
LMBsr balanoea
17,24348— 78,558 11
:

Laavlng net

deficit of available ansets

$162.'J'23 14

In this connection, it is proper to oil attention to the fact
that it has been necessary, for several years past, to borrow
money to meet the requirements of the company for coupon
interest, et<'., which loans have been repaid out of subsequent
earnings. For ezaoiple, at the close of the fiscal year 1884-5,
the deficit of availat'le assets was $81,416 37, and it became
BeceHary to borrow $15,000 cash, and to issue notes in payment
for material fumishel, to the amount of $o2,466 93. At the
close of the year 1883 4, the deficit of available assets was
$90,704 77, and the company borrowed $40,000. So also at the
oloae of the year 1882-3 it was necessary to borrow .f 75,000 to
meet interest and other accrued obligations. Your board has
hoped by careful economy, to overcome these deficits, and to
place your pro()erty in thoroughly sound financial coniJition.
But unfortunately the opening of competitive lines of railway, the gradual but steady tendency to lower rates, the
action of the Mississippi Railroad Commission in reducing
?'our pafsenger tariff an average of nine (9) per cent and your
reight tariff an average of eighteen (18) per cent, the imperative necessitv of re-laying the greater portion of your line
with steel rail*, of purchasing additional mo'ive power, and
reducing the heavier grades, in order to enable the company
to handle iis traflSc with safety and reasonable economy,
together wiih the payment of the high rate of interest on
your bonds, have combined to prevent the realization of that
hope, and the d. Ucit has increated rather than diminished.
Haling been ai yet unable to repay the sums borrowed to m- et the inu rest maturing July 1, 1880, and to purchaM nececssry materials and supplies for the maintenance
and preset vat ion of >our property, the board has not deemed
It wfae to strain the comp»n\ « credit i-till furtlier by attempting to borrow ninney to pay the coupon due Oct. 1, 1886.
Accordingly we have beea compelled to ask the bondholders
to permit us to defer the payment of said coupon. In this
connecilOD it may be well to call at ention to the fact that
the two class* B of binds (series "A" and " B') are covered
by one and the same mortgage, and that while series " A" is
preferred to the extent of priority in the payment of principal and intereet, it will not be possible for the compiny to
keep alive the bonds of that Series to the exclusion of

eriea " B.'
For full particuUrs as to the work that has been performed
during the year just closed, th" physical and financial condiearnings and
tion of your property, and an analysis of your

expenses, I r./fer you to the rep. rt) of the Treasurer and the
Oeorral Superintendent, with acoompanying tables hereto

Your road is not in such a condition as to enable it to meet
competition to
the requirements of business and the active
which

now ai.d mutt in future be subjected. The purnew cars and engines, substitution of steel in place

It is

chai-e of

of grades and oiher
of old iron rails, ballasting, the reduction
equipment
betterments, must continue until tht? road and its
property is expected
are placed in first-cla-s condition, if your
its due share of
to handle satisfactorUy and economically
• * •
traffic
thit it will be
"cannot and should not ignore the fact
tralhc at reasonable
impossible for this company to handle i'S
share of tlie busine-^s,
costTor even to retain an equitable
equal footing, as to its
onlesa the property is placed upon an
with which it comes
Xdcal cbaraVteristics, with tho-e lines
is needless to say th»t in
Li sharp and daily competition. It
money wil be
«der U, accomplish this a considerable sum of
the stockholders that
require I. aod I strongly recommend to
be
effect some arrangement by wnioh it can

We

S2y

ende.^v..r to

obuined and the work inaugurated.
to your favorable consideraTri^t me Bgain to commendofficials
who are charged with
zealous
and
faithful
tion the
affairs.
your
of
n«n.gemeut
the
^ ^_ ^^^^_ President.
.

775

The Commercial

3iHmcs.

COMMERCIAL EPITOME.
Friday Nioht, Dec. 24, 1886.
The story of trade in holiday week has in it nothing new
and we have only to repeat that regular business has been
sluggish, and that speculation has generally been characterized
by a disposition to close accounts for a time this has unfavorably affected values, even when there were no decidedly adverse influences at work.
An effort to bring the tariff up for
;

review was made in the lower House of Congress this week,
but failed; yet the agitation of the subject continues, with
little prospect, however, of immediate results.
The recent
stringency in the money market has completely disippeared.
Strikes have occurred again among railway operatives, but
there seems to be no apprehension that serious inconvenience
will be caused by them.
Lard for future delivery showed much strength, with a fair
degree of speculative activity for the first half of the week
under review, but on Wednesday and Thursday there was
slight depression, the result, it was said, of manipulation by
the packing interest, to affect the value of swine at interior
points. To-day the speculation was fairly active and th^ close
slightly dearer. T.ard on the spot has been dull and drooping,
but to-day was fairly active and rather firmer at O'SOct for
city 6o0@6'55c. for prime to choice Western and 6'90o.
for refined for the Continent.

prime

DAILV CLOSINO PRICES OF LARD FCTDRES.
Saiurd'y.

February"
"
March

Moml'y.

Tuesa'y.

..

6-55

6-.t5

6-56

..

6-<i4

..

6-73

6-6a
6-72
6-81
6-JO

6'(i5

Jan. dellvory

6-74
6-83
6-92

Wedtis'y. Thursd'y. Friday.

6-54
6ii3
e--2

6-55
6-64
6-73
6-83
6-31

6'53
6-tii

e-7l
6-7H
6-37

"
680
6-89
"
May
..
6-JO
Pork has besn offered more freely and clofes easier at
$11 8?@$12 25 for new mess, $10 50cg$10 63 for extra prime
Cut meats have been quiet, but
and $14 50@$15 35 for clear.
are steady pickled bellies 61^(3)3)^0., haras SJ-gOO^^c. and
shoulders 5@5}gC.; smoked hams lO^lOJ^g;. and shoulders
6@6i8\
Beef is dull at $7 50@$3 for extra mess and $3 50@
$9 for packet per bbl. and $15(a$17 for India mess per tierce;
Tallow sells
beef hams are nominal at $19^ $19 50 per bbl.
Stearine is firm at 7i^(a7J4'o. ^nd oleomarbriskly at 4J^c.
April

;

Butter is in moderate demand at
is quoted at eoSijC.
Cheese is firm at lli^@13c. for
21@33J^c. for creamery.
The
Stite factory full cream and 6@llJ^c, for skims.
slaughter of swine at the West since Nov. 1st has fallen off
about 150,000, or 4 per cent below the corresponding period
garine

last season.

The speculation

in Rio coffee has

been extremely

fitful

and

unsettled, being apparently wholly subject to manipulation,
closing to-day at some recovery from yesterday's decline, yet

lower than

last Friday,

with

sellers at 1330,

13'3o

and

13'403.

and summer months.

Eio coffee on the
spot closed dull at U'^o. for fair cargoas, with the mild
grades quiet and nominal. Raw sugars are lower and dull at
4%c. for fair refining Cuba and 5}8C. for centrifugal 96deg.
for the winter, spring

test.

Mol.-sses closes easier at 30c. for 50 de^. test, but black

March and April at lie. Teas are quieter.
The business in Kentucky tobacco for the week amounts to
400 hhds., of which 300 for export, and prices are without
chaoge,^ S«iad leaf has been quiet, and sales are only 753 cases

strap sold for

as follows; 200 cases 1881-83-33 crop, Pannsylvania, 6@ I3i^c.
100 cases 1885 crop, Pennsylvania, 9>allc.; 108 cases 1884
crop. Wisconsin Havana, lOi^c. 100 cases 1835 crop, Wisconsin Havana, private terms; luO cases 13"*5 crop, 0\vp, 4J^@6o.,
and ISOcases sundries, 6 3333.; hUo 350 bales Havana, 60c.@
f 1 05, and 1-50 bales Sumatra, $1 20@$1 50.
The speculation in crude petroleum certificates has been
sluggish, and under fairly favorable reports from the wells
the market has been weak, soiling as low as 65c., but closing
Spirits turpentine has declined to 36c.,
to-duy at 67(3671^0.
closing dull. Resins are quiet and nominal at 97J^@.|1 07J^c,
for common to good strained. The Metal Exchange has been
dull; even the eiceplion in favor of tin cannot be made, and
it bus declined, closing at 23 10@32 20 on the spot and 22 25
Ingot copper is also cheaper at
22 40 for future delivery.
11 85c. for Lake.
The better supply of tonnage noted in our laft, with more
settled foreign exchange, caused a large bu-^ines) to be done in
the engag-inent and charter of room for grain mostly for
January shipment, but extending into February, at 4s 3d down
to 3s 9d to Cork for orders, 48 to Copenhagen, lie. to Rotterdam, 5d to Liverpool, 5fgd to Avonmouth and 5}^d to Newcastle; petroleum charters were also quite brisk but generally
for cases at private rates.
;

@

—

THE CHRONIOLK

776

COTTON.
Friday. P. M., Dec. 24. 1886.
The Movembnt of tbb Cbop, as indicated by our telegrame
from the South to-night, is ffiven below. For the week endine
this evening (Dec. 24), the total receiptp have reached 283,045

week 227,886 bates the previous
making the total
275,716 bales three weeks since
receipts since the Ist of September, 1886, 3,519, 180 balcs.against
3,417,390 bales for the same period of 1885, showing an increase
since September 1, 1886, of 101,790 bales.

[Vol. ZllII.

Iq addition to above exports, oar telegrams to-night also give
at the following amounts of cotton on shipboard, not cleared,
at the ports named.
add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
ft Lambert. 24 Beaver Street.

We

On Shipboard, not cleared—for

balee, against 260,659 bales last

week and

;

StetipU at—

Hon.

aai.

luet.

2,713 10,931

Oalveston

6,625

Wed.

3%ur$.

1,903

1,226

Fri.

Total

6,324

35,752

Dec

24,

AT—

Oreat

Othar
OoattBHtain. ryanee. Foreign vrite.

NewOrleans

74.104
None.
4.210
4.000
1,812
None.
None.
None.

19.945
None.
14,900

Ottier ports

40,097
10,500
5,700
9,600
18,752
33,884
5,200
8,UO0

MabUe
Caarleston

8%vannah

.. ....

Gilveston
Norfolk

Indlanola, ie.
New Orleans... 11,218 30,557 11.195 21,171 11,393 18,539 110,373
4,258 5,181
111
607 3,247 17,185
Koblle
3,151
1,367
Florida
1,367

Njw York
Total 1886

136,733

81,416

Savannah
Bmnsw'b, <&c.

6,332

6,855

6.216

4,963

6,831

rota! 1885

121,989
154.765

27.139
39.351

C&arleston
Pt Royal, Ac.

3,943

2,652

1,801

2,005

2,210

Wilmington
HorelidC.&o.

1,133

1,019

1,332

839

732

35.557
1,224
15,076
552'
552
6,198
1,138|

5,387
1,224
2,435

TotallSSl

l»,o('0

10,407

Btoek.

Total.

13«,371
11,600
26,800

2,028
4,000
1,000
2,800
10.620
2,000
None.

261.729
24,967
34,238
88,747
83,541

21,40

None.

41,591
11,652
11,3U0
10,000

67,020

22,118

310,617

750,366

55,950
52.788

28.210
17,718

233,288
264,620

823.761
782,808

768
6,100
2,0CO

17,083
186,255
53,796

The speculation in cotton for future delivery at this market
opened the week under review with much depression of tone.
2001
2C0 The receipts at the ports were quite large, and foreign advices
Norfolk
4,161 4,885 5,091 3,691 1,62 S 3,193! 25.«52 were generally unfavorable, causing many who had been
We8tPolnt,&c 1,286 1,198 2,261 1,743 2,185 11,129 20,105
operators for the rife to sell and close accounts. The decline
Hew York
22 1,885 1,287 1,051 2,999
7,244
652
Boston
661
664 1,236 1,776
555
5,544 from the highest on Friday to the close on Tuesday was 18(3
The bears, however, operated cautiously, so that
212
212 21 points.
Baltimore
PliUadeli>'a, Ac.
201
203
116
774 no great "short interest" was created. On Wednesday the
104
79
71
Totals this week 37,037 63.108 42.325 45,783 35,875 58,617 283,045 report from Liverpool was much better than was generally
For comparison, we give the following table showing the week's expected, and it caused a smart advance with us, which was
Yesterday the market was
total receipts, the total since Sept.l, 1886, and the stock to-night, well maintained at the close.
and the same items for the corresponding periods of last year. again depressed by unfavorable foreign advices, which led to
sales to realize and checked the demand. To-day there was a
1886.
1885.
Stock.
Beeeiptt to
slight improvement but a slow trade, and some depression
TMi
Since Sep. This Since Sep.
Dee. 24.
1886.
1885.
Week. 1, 1886.
attended the freer internal movement for the past week.
Week. 1, 1885.
Qalveston..
35,752 552,388 30,380 524,425 125,132
97,226 The strike on the Louisville & Nashville R. R. may io some
slight measure impede for a time the movement of the crop.
Ind'nola.Ac
781
New Orleans. 110,373 1,015,047 97,205 1,068,666 398 103 358,652 Cotton on the spot was dull and quotations were reduced
l-16c. on Monday, but on Wednesday there was better busiMobile
17,185 116,581 14,195 143,212
33,467
17,645
Florida
1,367
11,377
1,761
102 ness for home consumption. To-day the market was quiet
32,627
Savannak. .. 35,687 626,956 27,481 570,006 118,117 125,718 and unchanged at 9 7-16c. for middliog uplands.
The total sales for forward delivery for tne week are 473,9(0
Br'sw'k, &o
1,221
21,731
650
11,618
......
•Charleston .. 15,076
312,171 17,119 363,805
60,038
99,933 bales. For immediate delivery the total sales foot up this week
for export, 1.953 for consumption,
Pt.Boyal,&o
552
12,935
EOO
544
8,383
171 2,120 bales, including
in transit. Of the above,
bales
Wilmington
111,726
6,198
3,047
75,616
18,377
11,985 168 for speculation and
were to arrive. The following are the official quotaticma for
M'head C.,ic
200
3,141
102
1,024
each day of the past week.
Norfolk
25,652 3;1.814 26,251 353,118
58,735
70,470

—
—

.

W.Polnt,Ac.

New York...
Boston
Baltimore

212
774

...

Phlladel'a,&o

Total

212,626
41,117
28,071
19,879
18,634

20,105
7,244
5,514

167,750
28,571
33,525
12.106
13,823

9,672
7,565
2,569

649
976

5,121
197,555
10,500
13,191
15,107

3,953

206,496
6,310
30,102
14,814

283,015 3,519.180 240,166 3.417,390 1,060,973 1,073,807

In order that comparison may oe made with other years, vie
give below the totals at leading ports for six seasons.
Beeeiptt

at—

Galvest'n,Ao.
New Orleans.

MobUe
Bavannah

...

Charl'8t'n,4o

WUm'gt'n.&o
Norfolk

W. Point.

Ac.

All others
"Tot.

thU

.

.

w'k.

1886.

1881.

1885.

1883.

1882.

35,752
110,373
17,185
35,587
15,628
6,398
25,652
20,105
18,365

30,3SO
97,205
14,195
27,431
17,663
3,149
26,251
9,672
14,170

16,367
86,518
14,749
22,335
18,968
2,200
17,170
15,164
14,422

24,402
87,371
11,921
25,329
11,036

283,045

240,166

207,393

1881.

16,248
7,614
15,792

32,484
85,963
17,009
29,879
20,716
5,052
28,295
6,784
25,711

18,063
67,293
10,025
25,235
15,909
6,308
19,333
8,384
30,034

201,686

251,923

200,624

1,973

BlnceSept. 1. 3519,180 3417,390 3537,441 3116,350 3461,462 3233,113
Qalveston Includes Indlanola; Charleston Includes Port Royal, Ac;
Wllmlntiton Includes Moreh'dClty,Ao.; WestPolntlnclude8CatrPolnt,Ao.

The exports for the week ending this evening reach a total
of 229,198 bales, of which 138,819 were to Great Britain, 23,978
to France and 68,401 to the rest of the Continent. Below are
the exports for the week and since September 1, 1886.
Wteh Endinv Dec.
Exported to—

Bxportt

24.

Qalreston

N«w Orlaani

.

£2,«74

2,380

6,334

38,138

13,324

88,40}

1.

1886, to Dec. 24, 1886.

Exported to—

Brtat
Oontl- Ibtai
BrtVn. France nent. Week.

from—

From SevU

30.988
77,887

Mobile

ereat

CbnM-

Britain. France

18l,W

"23,080

291.802 163.343

nent.

Total.

88.7S8
140,878

243,561
686,525

6,4311

Sat.

Ordln'y.^lb
Strict Ord..
Cluod Ord..

G'd Ord

6lli«

6II16

7»r«

7'fl

7ifl

H'lS
8^3
816,6
I'M
»'18
91118

81,6

b»,«

9

Ssr.L'wMld

9'>,B

9>4
y*i

aliddMng...

Mon Toes

6^
H-fl

tx)w Mldd'g

9ood Mid..
Str.G'dMld 10

Mldd'g Fair 1038
Fair

11

OrdlnT.«t>

Oharleston

, .

Wllmliurtoii...

Norfolk
Weit Polnt,Ao

New York

5,109

1,M0

19,6-;6

15,713

6,516

8,340

9,180
18.ia8

Boston

G,334

Baltimore

2

Phlladalr'a-.tc

1,800

Total
Total 188S...

18.168

11.101

11,99

1.S78

6rta

13S,$19

83.286
29,675
B.18I

8»,6

Str.O'dOrd
Low Mldd'g

8>ii

H'fl

....'..

ll,iai

7,775

80

!0,»9a
6,384

H5

3.4';k

1,800

7.475
75.883' 30.751
68,824'
2,8S0

170,972
43.28»|

....
8,150

22 (.sa?

23,992

60,7i2
B1.434
21,106

8.030

128.669
73,041
6,418

313.179
179.706
77,892
170,972

4,206
110,885
1,075
10.928
1,224

49,811
«63.694
61,827
63,393
82,330

«S,978

es,40i 829.I9S 1,370,588 24fl,70S

613,513 8,130.744

16.SB1

«.««» 142 577

6S4.108

1,0414111 2oa.s2i

1

9 »»IR

9ifl

9'',6

911,6
915,6

9»«

Fri.

Sl^B ai^is

9M
9'',

6

81,6
819
8I616
914

STAINED.
Low Middling

8II16

8lli«

9ifl

s-^ie

Hlft

91

91

97,8
96s
978

97,6

101a
III9

6T«
76,6

e^fl

81

81

811,6

8ii:«

76,6
81^
811,8

9ifl

9ifl

9ifl

9''l6

»',«
9»s

K'16
9»»

9'fl

a'fl

10%

lOls
10>9
Ills

lOifl

lllg

911,6
915,6
103,6 lOis
109,6 101

HABKST AND

81

9«ii

979

101
101
111

Wed

Tb.

Frl.

O^s
75,6

6'8
V6,e

8II18

Sliit

678
76,8
8>i
Sllit

9ifl
9''.6

9ifl

91

97,8

97:e
9»«
979

81

9»R
9^8
10>8
10>«

111

81

96s
979

101
101
111

101
101
111

Wed Tb.

raon Tuea

81,8
816,6

111

113,6

6'r
76,8

Sat.

.'.

81

811,6

86,6
«=%

Frl.

61

61

61

73,6

73,6

73,6

73,6

878

879

878

878

^Ib.

Middling...."

7Sfl

Til.

b»s

9''l8

678
76,8

616.

81

Wed

im

Uood Ordinary
Strict Good Ordinary

9''8

679
75,6

e-'H

76,6

9>,6
9»R
»'s
loia

10i«
lull
III9

911,6 91116 9''8
916,6 91i|6 lOifl
tf Idd'g Fair 10i.,« 106,„
106,6 lOia
Fair
lOl^i,. 1016,, 1016,6

Frt.

61
73,6

8

°

8 '8

EIALES.

The total sales and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.
BAI.BS

SPOT MABKBT
CLOSED.

6,43i

179,635

9Ui6

7%

7ifl

H',«

Florida.

Barannah

8io,a
914
»',6

611,6

7'fl

MlddUng...
Sood Mid..
8tr <3'dMld

9S,a

7%
85,6
8%

S^

TEXAS.
inon Tnes Sat. laon Tdcs
678
76,6
8 V,
811,6
91s

615,6!

61116

(Jood Ord..

9-4
9'M«
91li«
016i3

1

91618 103,6
106,6 105,6 lox.fl
1016,6 1016,6 113,6

Strict Ord..

Mid

Sat.

916,,,

Wed Tb.

Htr.L'w

NEW ORLEANS.

DPLANDB.

Dee. 18 to
Dec. 24,

8tr.

—

Sat.

Hon
rues

Dull and easy .
Quiet o ijK dec.
full and easy ..

Wed. Finn
rhurs Quiet
Prl . . Steadr
Total,

OF SPOT

JKe-

Oon-

port,

rump
113
212
188
539
177
673

....1,952

JlVD TKANBrT.

Spec- Tran-

uVt'n

til.

117
51

-,.

^o""-

SaUi.

113
329

49,500
88,800

•23d

88,.nOO

jrtM.

5^9 14t!,300
177i 83,500

673 37,500
168

2.120 173 930

The

dally deliveries given above are actually delivered
previous ro that on whlon they are reported.

The Sales and Prices of Futures
following comprehensive table:

Deliv-

are

the

day

shown by the

Uecevber 83,

iTHE (mRONICLK

1886.

777

to Thursday evening. But to make the totals the comnlete
figures for to-night (Dec. 24), we add the item of exports frcm
the United States, includrng in it the ezDorts of Friday only,
1888.
IRS.'S.
1884.
1883.
Ssook at Liverpool
bales. 584,000
511.000 604.000
641.000
Ssook at London
13,000
16,000
46,000
47,800
Total Great Britain stock
Stock at Hamburg
..
Stock at Bremen..,
-..-Stock at Amsterdam .._...,..,
Stock at Rotterdam ....,._....
Stock at Antwerp
.......
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Oenoa
Stock at Trieste
Total Continental stocks

237,200

247,400

320,000

Total European stocks
834,200
India cotton afloat for Europe.
66.000
A nier'n cott'n afloat for Eur'pe 686,000

771,400
41,000
512,000
38,000

970,000
58,000
642,000
48,000

597,000

527,000

1,400
14,100
11.000

3,600
31.300
29,000

650,000
4,000
32,100
46,000

300

900

••iOO

1,400
2,6D0
158,000 4t 126,000
3,000
1,000
34,000
41,000
7,000
7,000
3,000
9,000

1,400
181,000
3,700
40,000
6,000
5,300

688,800
2.000
60,200
46,000
1.500
3.500
128,000
7.000
42,000.
9,000
8,000

307,200

996,000.
119,000
541,000
."14,000
Ei5ypt,Brazll.&o.,afltforE'r'pe
66,000
Stock In United States ports .1,060.973 ],07.'»,S07 1,0»7,428 1,283,126
Stock In U. 8. interior towns.. 381,019
471,837
351,574
339,879
dnltedStatesezportsto-day..
43,292
50,766
31,000
18,000.
Total visible supply
3,128,484 2,961,860 3,138,307 3,404,700
Of theabovcthe totals of A.merloan and other descrlptlona are as f oUOT sjAJnencan —
Uverpool stock
379,000 417,000
418,000
bales 403.000
:)ontinental stocks
141.000
182,000 195,000
222,000
512,000 642,000
Vmerlcan afloat for Europe... 686,000
541,000

1,060,973 1,073,807 l,047,42-< 1,283,126
Jnlted States stock
471,987 339.879
381,574
Oolted States Interior stocks.. 381,019
43,293
50,766
31,000
United States exports to-day..
18,000
Total American
Xatt Indian, Braztt, de.—
Uverpool stock
Londonstock.^

2,718,284 2,069,460 2,672,307 2,863,7Q0

181,000
13,000
96,200
66,000
54,000

Continental stocks
India afloat for Europe

Egypt, BrazU.dEC, afloat
Total East India,
Total American

Ac

187,000
46,000
125,000
58,000
48,000

6.=>.400

41.000
38,000

22:1,000

47,800
85,200
119,000
66,000

464,000
410,200 292,400
541,0002,718,284 2,66»,4(j0 2,672,307 £,863,700

Total visible snpply

3,128.4^4 2,961,860 3,136,307 3,404,700

Price Mid. Upl., Liverpool....
Price Mid. Upl., New York....

tgf The imports

132,000
16,000

5d.
f>Ua.

5'4d.
97itc.

6d.
lliitC.

into Ck>ntinental ports this

5iSi,d.

lOTjaC

week have been

34,000 bales.

The above fi^rures indicate an increase in the cotton in sight
(o-night of 166,624 bales as compared with the same date of
1885, a decrease of 7,823 bales as compared with the corresponding date of 1884 and a decrease of 276,216 bales as
oompared with 1883.

—

Ar THK INTERIOB TOWNS

the movement that is the receipts,
the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the 'corresponding
period of 1885 is set out in detail i n the following statement.
fot

—

'

hS

GB^

''
lis-

i^,^pr-

I

•-•

I

at
QD
(0

[

I

ei3

I

0»

^

-

OCDCO —

to to

en

M

ODC^tClpTCplCO

:

:

;

,

00

tJ«

^•1 31^-

SJCMSgo:

o

I*.

o

O CD W 31 CO

1

»-»

^o';o1-1ll'-J*:Jli-'

XQOODrOO:*»*ax»0-tMWM*'CMO.-^l
*JO*aOO»"i-"J»O^00C*;ODu<-^;0C0

(-•

Cn

»-

?.

WCD y»0 ® CilvQOOS CO 0» 05 W J- © b3

M
— « M oi at

6:iP.^(U*i r
,

[»:

apa:Qcto'•^c*l^- ^C»i^-^^c^^yl^;^(^
f-'Osxia (f»--4CD®i^citctoaiowQO(-i^to

••
to .» -r 00 •
;«. CO
i^ tc

Ci*-Cir>toucD

ta
OS

«

:

^c*-^:»c5*-w*'-'*r'b'C''-*-c

4

'-'

toots' '33*-

T. I- C*

•-

a

.

H

O

5-'^li%^ ll

p»B?-

,\
0«

?-° E-lg-5

ifc---o

£

M

f

ooM'-Veowosoo

!

00

£iQr'

:

cc

00

J. o;

co-£>oc;>co:puLa

to ti K* 00

CO
« to^ ^
p ^S^^^y T'^^f* ^yavvxtc^
3ioV
o
o:
'v
ocV'x o: a: ujV Vic*: oio; tit: ©©•ooc
" ©
ot
©©©<i©aDo
c3>'>'i©©rooa>©©coc^o<»^a©u>-«i«k
an
v>Ouo<^ovco:;t©Cif*^cw© — roa
1^1 oa|. ooouocoQ
CO

I

;

'

rffc*-

i

cjc

!

3^C

c;i

I

\

•lnaladMMUMfn8epteDih«r, 18«6. tor 8epr«mb«r, 42,flO«; SeptemiMrOMober, for October, 287,200.; SeptcmberNoTember, for November.
each
^^ ^ve Inoladed In the a,bove table, and sliaU oontlaae
month. It
ta *lr». the averase price of fatnree eaoli day for each
" Aver." The
abbreWatlon
the
following
<tay
eack
aider
JuibifSni
bottom of table.
for eaota montb lor the week In alao given at

I

03

©TOO — WCCO«

03

J

J^

«S

^tnk
TSTfermbWOrdera-Batortay. 9-400.,
9-30?!;

Wedn««l»y. »*5o.; Tlnir»day,

Monday

9-3,o.:

Tneaday,

9-40c.; Friday, 9-40o.

The following exchangee have been made during the week
100 Feb. for Vfar.
3»0 M,>r. ((ir .Time.

-IS pd. to excb.
33 pd. to exch.
•10 pd. to excb. 100 May for Juno.
J^»u.
03 p^ to exch. :JOO D.'C. for M^ir.
for
S3 pd. to eioh. •'iOO Jan.
•11 pd. lueich. 100 Mar. for Apr

The

i

all

the

!

10

i-fO *. U -J OS
M *j woviai©-©
^ O H>Oc3<t-OC0O
i

"Vo

,

i

"qd

,

,

I

to

CD

CPWOWfOW;

OD —
W
CO
f-^oocas — Ks;
CO
[

:o'.-

M 00= XOD tf.

W'

ioaio»coow<^C/«xc*3o;©c;i©*»»-cc'jix

C.©W^-0'<-'X^COX•-*»^Sr-0^ — ©rffcO
IC|PkO;t>;0'. 0:uai^uaD^'slMb.i-«uCCiK
OSt^MMi-t

kJ-Jj^CO
- '»^^*>•-^ca
O<I*.*j-l»lW-vJt0-^CC:^-«W0;»-*xnr,*.
- cji-oco
Jo-^jfcri

—

c»^ocooiu.OMo

o«u;wo-4©<ia»oco©*kwoot0ii<ich-yi
-CO
CO ;4 to CO IC CO -JJSi OS i^
C;iti

©CO WIO © O OS Cx

,

^*^:;»^-"jo^xco
#a-Jl'*p©'» iftO

'"aoD©©yi^io
cos©e:* c OK -^. Ooooa©oo^i^

-vioscoDOii/'O -N,(y!

I

•This year's Ugurei estimated.

a

the afloat, are this week a retnrnf
SoM f«Oreat Bntain andEuropean
figures are brought dovn

wTcjoLev^tly

(O

Wl

^1

cable

telejtraph, in ae follows.

O

to

U

as made up by
T .« V UJUIL« SUPPLT or COTTOK to-night,
&>ntmental stocky as well

and

I

^

ii pd. to exch. 200 Jan. for Mar.
12 1><1. U) excb. 900 Jan for Feb.
11 pil. to exoli. SOO Feb. for Mar.
•S7 pi. to excli. 2 )C F«o. for Aug.
1x1. to exch. 200 Jan. for Feb.
19 pd. toexch. 100 Apr. for June.

I

The above totals show that the old interior stocks have
increased during the week 18,499 bales aad are to-uight 87,868
bales Itss than at the same period lial year. The recmpts at
the same towns have be*in 9,322 bales more than the same
week last year, and since September 1 the recaipts at all tbo
towns are 18,962 bales less than for the simetime in 188>.

THE CHRONICLE

778

QDOTATIONS FOB MlDDUNQ COTTON AT UTHBB MaRKBTS.—
In the table below we t^ive the cloHinK quotationB of middlinii
cotton at Southern and other principal cotton markets for eacb
day of the past week.
OLOSINQ QUOrATIOKS FOR MIDDLIKO OOTTOM OM-

Wtek

efuling
Dee. 21.

Galveston
Mobile

Obarleston

9
9

Norfolk

Boston
Baltimore
PUlartelplila,

Aagnsta

Memphis

9%
9»8
938

9

Bt. Lo'ils

9

Cincinnati . .
LoolsvUle

9><i

FH.

Thttrt.

glB,,

8'5,«

9
9

9J8
9ii,

9<e
91lg
9l8
9°g
9»«
9»8
S'a

.

Wllniinirton..

81»16
8l«i«
816ig

9

9

.

Wednet.

rues.

9

9
9
9

New Orleans.

Bavannah .

Mon.

Satur.

...

9

9

9

ffn
8'6,«

816.6

8I618
8.6,8

815,,,

9
9»I«

9>6

9i8

9I18
9I8

9''l8

f<»ia

9»„

938

938
9»8
8 '9
816,8

939

»'18
O'l,
9»16
938

9'li|

9°fi

9<>8

9'>8
8''8

r«
9
9%

8i'u

813,,
816,8

9

9

9

9%

9

9>8

9>8

918

9

9

9

9

9

616,8

Receipts from the Plantations.— The followmg table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor
Southern consumption; tbey are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market throue;h the outports.
RecetpU at the Portt. ISt^ at Interior Tbvms. Bee*p(f /rom Plant'tit

Week
Sndint—

1S85.

1884.

I

1884.

1886.

|

1S85.

I

1880.

1884.

I

1885.

I

1KH8.

I

Nov. 19

aW.»74U70,421288.5(»8 829,539 309,281 337,180 289,343 289.731 ]288.079

88

884,B»i'85«.»2'S 280,862 2d7,lif3'340.405 368.07S 322,8S8 129 1.069 309. 1 6i

••

Dec. 8
•'
10

"

17

27B.716
289,437 2 8,134 227.886
2*340 2.18.011 S60 059
207.89! 240.188 283.015
878,.-!00 :J«-J.797

,

,

316

01»'383,tf-.!7 .'!90.83.J

325,1861285.019 300.470

39
299,95<)i2:)9.
363,-88 481.230 410.933 286.755'ii84,907! 209.527
86t,520 521,310 438. ')34 207.517 280.246 3 5 6*8
3.'5,45l[431,343 402,085 308.889

1

—

—

Oloster, Mississippi. The days have bsen warm but the
nights cold during the week with no rain. The thermometer
has ranged from 22 to 68.
Helena, Arkansas.
hive had rain on two days, and
the remiiind.r of the week has been pie isant. The rainfall
leached fifty- two hundredths of an inch. Picking has been
interrupted by the holidays. About ninety per cent of the
crop has been mirketed. Average thermometer 45, highest
07 and lowest 23.
Memphis, lennessee. It haa rained on three diys of the
week, but the weather is now clear. The rainfall reached
fifty-five hundredths of an inch. The th-rmometer his averaged 40, the hi;;he3t being 66. and the lowest 28.
ha^^e had rain on four days of
tfasfiville, Tennessee.
the week, the rainfall reaching thirty seven hundredths of an

— We

—

— We

inch. The
19 to 57.

thermometer has averaged

—

Mobile, Alabama. It has been showery on four days ot
the week, the rainfall reaching twenty-S'ven hundrt^dths of
an inch. Planters are marketing their crop freely. The thermometer has ranged from 28 to 67, averaKing 49.
Montgomery. Alabama. It has raned on one day of the
week, the rainfall reaching fifty-eight hundredths of an inch.

—

The thermometer Ins averaged 45.
Selma, Alabama. Telegram not received.
Auburn, Alabama. Telegram not received.
Birmingham, Alabama. Telegram not received.
Madison, Florida. We have had rain on one day of the
week, the rainfall reaching sixty hundredths of an inch.
Average thermometer .^1, highest 72 lowt-st 72, lowest 27.
maaon, Georgia. It has rained on one djy of the week.
The crop is being marketed very closely.
Columbus, tteorgia. There has been no rain all the week.
The thermometer has averaged 42, ranging from 22 to 55.
Saoannah, tfeorgia. We have had rain on two days and
the remainder of the week has been pleasant
the rainfall
reached eight hundredths of an inch. The thermomtter has
ranged from 27 to 70, averaging 48.
Augusta, Georgia. The weather has been pleasant during
the week, with light rain on one day.
The rainfall reached
eight hundredths of an inch. Average thermometer 42, high-

—

—
—

—

—

—
—

—

est 65, lo^vest 23.

—
—

3,922,8.-9 3,883.716 3,789,501
341,137 227,8.i5 261.2.52
89.000
78,000
87,01)0

4,331,020 1.352,996 4,l8i>,601 4,137,756

Dec. 2J. '86. Dec. 23, '85.

Amount of Cotton

in Sioht Dec. 24.— In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to Dec. 1, and also the
takings by Southern spinners to the same date, so as to givt
substantially the amount of cotton now in sight.
1886.

1885.

1884.

1883

Receipts at the porta to Dee. 24 3,519,1:0 3.417,390 3,537,141 3.416,330
Interior stocks on Deo. 24 In
385,474 605,469 346. 3C5 373,154
excess of September 1
Tot. receipts from planta'tns 3,9114,654
32l,:i«0
Net overland to Dec. 1
Soutliem oonsumpt'n to Deo. 1 105,001

—

—

Nortbem

Is

wUl

884.948

654.163

790.412

)3e

193.261 bales.

Wbatheb Reports by Telegraph.—The weather has been
quite satisfactory at the South during the week and favored
the free markseting ot the crop. Picking, where not already
completed, has been interrupted by the approach of ihe
holidays.
ffalveston, Texas. There has bpen no rain all the week.
Average thermometer 60, highest 72, lowest 40.
have had no rain all the week.
Palentine, Texas.
The therniomeler has averaged 55, the highest being 73 and
the lowest 35.
New Orleans, Louisianm. It has rained on one day of the
week, the rainfall reaching fortyoae hundredths of an iuch.
The theimometer his averaged 55.
Columb'it, Mississippi. It has rained heavily on one day
of the week, the rainfall reaching one inch and thirty hundredths. Average thermometer 41, highest 68, lowest 24.
Leland, Mississippi. There has been rain on two days of
the week, the rainlnU reaching sixty-seven hundredths of
an inch. The tlicrmompter has averaged 48'7, the highest
being 69 and the lowest 33.
have had rain on one day of
ssissippi.
QreenviUe.
the week. About all the crop has been secured, and it is
claimed ih^t it is fully one third short. The thermometer has

—

—We

—

—

—

M

IncK.
I

Feet.

796.119

seen by tne above tUat tlie decrease in amount In el^bt
to-ni>;tit. as compared with last year, la 21.97S bales, the inoreaB*
as compared with 1884 is 111,419 bales and the increase over 1883
It

ranging from

Atlanta, Georgia. Telegram not received,
Albany, Georgia. Telegram not received.
Charleston, South Carolina. It has rained on one day of
the week, the rainfall reaching six hundredths of an inch.
The thermomet-r haa ranged from 31 to 65, averaging 43.
Stateburg, /South Carolina.— It has raine i lightly on one
day of the week, the rainfall reachin g five hundredihs of an
inch. There have been killing frosts on f oar niihts and ice
has formed on three nights of the week. Average tliermomtter 466, highesi 61 an'i lowest 28.
Wilson, North Carolina. Th'^re has been no rain all the
w ek. The thermometer has averaged 43, the tiighest being
67 and the lowest 18.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
Dec. 23, 1886, and Dec. 23, 1835.

307,547 bales.

spinners' takings to
Dec. 24.

44,

;

The above statement snows 1. That the total receipts from
the plantations since September 1, 1886, were 3,904,654 bales:
in 1885 were 3,923,859 bales; in 1884 were 3,833,746 bales.
2. That, although the receipts at the outports the past week
were 283,045 bales, the actual mcvement from plantations wae
305,626 bales, the balance gMng to increase the stocks at
the interior towns. Last year the receipts from the plantation?
for the same week were 280,246 bales and for 1884 they weie

Total Insight Deo.21

[Vou XLIIL

Memphis

.

—

—

.....Above low-water mark.
Above low-water mark.
Above low-water inat-k.

Nashville
•Shreveport
^^IckdbiirK

2
8

Feel.

IneH.

3
IC
9

5

1

20

8

5

5
7

6

5

4
4
3

14

3

—

India Cotton Movement prom all. Pokts. Tne receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Dao. 23.
BOKBi^r BBOBIFTg 4ND gHIPXBMTS FOB POOR fBAaS.
SKipmentt

this

week

8/iipmentt Since Jan.

Oreal
tear Great ContiBrU'n. nent. Total. Britain

W

1886 3.0
1885 1.000
1884 2.000
1883 11,000

OontU
nenl.

1

Total

Receipt;
Thi»
Week.

Tear.

9,000 339,000'712,OOC 1,0-1.000 3S,000 I,n85.000
: 16 000 17,000 1,123,000
1,1)00 226.000490.000
6,(;00 8,000 523,000 (iii'i.OOO 1,215.000 lrt,000 1,665,000
1,774,000
11.000, lJi»,000;S28,0OO 1,327,000
6,000

According to the foregoing, Bombay appears to snow an
increase compared with last year in the week's receipts of
14.00C bales, and an increase in shipments of 8,0 lO bales, and
the shipments since Jan. 1 shew an increase of 335,000 bales.
The movement at Calcutta, Madras and other India ports for
Che last reported week and since the 1st of January, for two
"Other ports" cover Ceylon,
years, has been as follows.
Puticorin,

— We

averaged 61.
Clarksdale. Mississippi, We had rain on one day in the
early part of th" week, but the latter portion has been clear
and pleasant. Picking and marketing are making good progress; two-thirds of the Cfop has been marketed.
The thermometer has ranged from 19 to 73, averaging 46 1, and the
rainfall reat-ht-d sixty-one hundredths of an inch.
Vickshurg, Mississipiti. It has been showery on one f'ay
of the week, the r«inlall reaching sixty-five hundredths of an
inch. The cop is being marketed freely, and about threequarters has already bten marketed. The thermometer has
areraged 61, the biKbesc being 74 and the lowest 36.

Above low-water mark.

Kurrachee and Coconada.
Shipmentt for the meek.
Oreat
Britain.

Continent.

Total.

Oilontta—
1886
1885

Madras—
1886
1885
ill others—
1886
1885

Great
Britain.

Oimtinent.

loUU.

65,000
6j,000

37,000
17,0u0

102,000
77,000

2,000

2,000

46.000
14,000

6.000
5,C00

52,000
19,000

1,000
2,0J0

1,000
2,000

69,000
69.000

."iV.OOT

126,000
137,000

3.000
2,000

3,000
2,000

180,000

100,000

143,UiiO

911,000

Cotal all—

1886
1885

ShipmenU nnee January 1.

68,ou0

2=0,000
233.000

Decxmbkh

THE CHRONUJLK.

25, 18S6.J

779

The above

totals for the week show that the movement froii
porta other than Bombay is 1,000 bales more than same
week last year. For the whole of India, therefore, the tota'
hipmentB aince January 1, 1886, and for the corresponding
periods of the two previous years, are as follows:
ttje

XPOKTS TU KUBOPB FBOM AU.
1886.

SMprntnU
toau Suropt

TkU

from—

Bombay

1884.

ThU

Sine*
Jan. 1.

vieek.

Artec

Jan.

vieek.

1.

P.IWO 1,0.51,000
3,000 280,000

1,000
2,000

71P,000
233,000

8.000'l,2l5,000

12,00«. 1.3ai,000

3 000

919,00

9.000 1,522,500

AU other porta.
Total

1883.

ThU

Bine*
Jan. I.

week.

INDIA..

307.5t0

1,000|

>

Ajjcxandria Bbceipts and SraPMKNTS.—Through arran^tments we have made with Messrs. Da vies, Benachi & Ck)., of
Liverpool and Alexandria, we now receive a weekly cable of

movements of cotton at Alexandria, E^gypt. The following
Me the receipts and shipments for the past week and for th(
oocwponding wpek of the orevious two years.
the

Atttanana.

Ituypi,

Dte. 22.

Enrlpkl-R, 4,215

4,215
4,156
1,000
3,100

ToSoha^'opo', perstenmer Mai llxirimgh. 4,166

To Barccl. m, perbaik [»al)el. l.OOi)
To Genoa, per Bteamer rUiue, .^,100
QiLVKST«\—To Liverpool, per stearai ra

.

Eli:laBlilre, 5,452...,

Queen, 4,915. ...per bark Storken, 1,432
11,799
1,180
To Genon, per bark Ceres, 1,180
Wilmington—To Liverpool, per ste^imer Thorn Uolme, 4,5 3... 4,^63
To Bremen, per steanur Plirenix, 4,900
4,900
j
To Ghent, i e r bark Erragoa. I,nl8
1,518
rer
Norfolk— To Liverpool, per steamer Wallaebia, 4,810
liaik Queen of the Fleet, 3,13 i
7,915
Newi*okt news— To Liverpool, per steame s Cascappdia.
per ship (Jhanes Bal,
Duke of Wealiulnster,

Baltimore—To Llverpmil, per steamers Baltimore, 3,419....
..
Can hftginiai), 4,357
>
To Havre, per steamer Sahara, 1,630
Energia,
To Antwerp, per steamers Ciiy of Truro, 962

7,776
1,630
4,161
1,930

3,199

Boston— To

10021

Liverpool, per steamer Istria", 1,930

60
959

To Yarmouth, pel- steamer Dominion, 60
Philadelphia— To Liverpool, per steamer British King, 959
Total

202,484

-

particulars of these shipments, arranged in our usual
form, are as follows

The

1884.

1885.

188S.

Jotal bolts.

Charleston— To Bremen, per steamer

:

Brem-

Booelpts (oantars*)—
Tbl« week
Btnee Sept. 1

225,000
1,847,000

TMl

Since

week. Sept.

Bzports (bales)—

to Liverpool.....

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

XoOontliieiit

1.

150,000

130,000
1,S83,000

2.013,01 lO

TKii
week.

Bitiee
toeek. Sept. 1
r/ki<

Liver-

Sept

1.

18.000 145,000 14,000 12-,000 20,000' 167,000
5,000l ti3,u00
6,000 51,000 4,000 62,00O|| 5,1
1

24,000 196,000 18.000 lS7,OOo|l25,i,000'23",000

TaUl «nw»p<

AeantaruiHs >r>a.
This stotemont shows that the receipts for the week ending
Deo. 23 were 22-5,000 cantars and the shipments to all Europe
*

24.000 balea.

—

We

give the prices for to-day below,
steady.
for previous weeks of this and last year for

comparison
1885

1886.

m

8H

oop.

ootr<
Ibi.

Mid

MMrHngB.
«.

a.

».

82<

<7<M).

8

i>6

8

se 9
•«
-- 9»g 10

8
8

8

8i«
5l«

5^
5k

pany's (Limited) Cotton Report of

4.21.5

4,563

4,900

WilmlnKl'n
Norfolk

798
7>t

•&%

«8
7^ »7''8
T4 •7\

1,030

959

959

Phlladeria.

.

So far as the Southern ports are concerned, these
exports reported bv telegraph, and published ,0
With regard to New Yort »e
iSrt Fri<W.
Thursdsy.
maniferts of aU Teasela cleared up to

^WMOLK
S
{Bda^Ttbe
~~

Total bale:
Liverpool, per »teamer« Alaska, 1,367
Ihester,
of
1 ,hOO
..City
1.979..
Britannie,
Bl»lmr I ^71
.Ombrla, 455... 11,939
Ko^e. 1,495
".'..Methley n.ll. 3,466.
1,278
La BourifoKiie, 1,278
•to Havre, P^r -leainer
»50

«KW TOM-To

KK.nr;..rsU.e™e,,A„..H. 1,718^
Oeuo».

f

P'

-

4,--'....

luiier Eiiaui,

l.'^S

.B^

3,575

.•VAv;

Sin. ...Pentland, 338 ^ ..
Misirulla, l,v60....PoIeevera, 1,273,
Caroliua. 4.100....
steamers
per
J,,
..
amU.il.in, 3,787.. ..March MlHs, 3,150
Puerto Elqueto, 4,162. ...Ked &ea,
H Illinois,

155
856
v:,53»

latest dates:
Liverpo'.l— Dec. 18— Steamer Waller, 5,720. ...Dee. 22
—Steamer Washington City, «,216.
For Bremen— Dec. 22— Steamer Marchioness, 5,184.
For Vera Ciuz— D c. 18— Stemiier Itarlan, 1,17<..
Nb» OBLHANS— torLlvernool Dec. 20— Steamer C.ty of Lincoln, 6,905.
Dec. 2U— Steamer
For Havre— Dec. 18— Steamer Marseille, 1,82J

Galveston— For

3,0i0

Driflleld,

2,S00

Dec.

18— Steamer

Dec.

i

1,208

Spes, 1,555

22— Steamer

Dec.

Winston,

Deo. 17— Steamer Vliginiun, 1,4'5.
Steamer Samaria, 606
Fe»r Yarmouth -Dec. 21 — Steamer Dominion, 30.
BALTIMOKE-For Liverpool— Dec. 17— Steamer Ncsimore, 2,663.

Fur Bremen— Dec. 15 -Steamer America, 815.

Philadelphia— For Liverpool— Dec. 22—steamer Lord Clive, 1 200.
Below we give all news received to date ot disasters to vessels carrying cotton from United States ports, dtc:
Auce, steamtr (Br.), from Galveston for Bremen, was still at Nassau
Doc. 13. The 400 bales of cotton broaxht in by schooner Victory
weie transferred to the Alice, and she would probably leave for
destination about Dec. 16.
(Br.)— About 500 hales cotton from bark Drumadoon,
Livetpooi, were sold at Galveston, Deo. 10. The cuiton was all
luoie or less damaged, and w»3 sold for account of the under-

Drumadoon, bark

It realized about $«,0<X).
(Not.), at Savannah for Hamburg, before reported, finished
disoh-irging cargo on Dec. 14. The vessel wa-i placed on w ilUnk's
railway, and a board of survey recommended that she bo repaired
and put in a seaworthy condition.
CORMuRANT, pteumer (Br.), from New Or'eans for Bremen, went ashore
aithe Isle of Wlghr, Dr'c. 21, aatl had been d iven round on the
following day, so thut she was broadside to the beach. One hundred t.aies t.t cotton h.-kve been JettiHOued, which b.-ach men aro
salving. The sea was mailing a clean br> acli ovor lior, autl the
crew had been ob iged to leave. She is bils;<id in the starboard
bunkers, ,1'er rudder Is gone, and she is expected to go to pieces the

writers.

Gler, bark

noiTtlde.

Cotton freights the past week have been as follows:

[itverpool, steam d.

Do

sall-.d.

Havre, steam

Do

...e.

sail

Bremen, steam

Do

.

.

Do
Do

sail

Tut*.

Wednti

»16

«.8

ha

s,5

»I«

.—

....

....

718

'l8

^IB

^le

'13

'18

rA«r»

....

....

....

.--.

...

.--

'18

'la

'la

'16

7iaa>a

•'la

'la

'i«

5:>'

55>

65-

c.

d.

d

8arcelona,steam(f.

....

....

....

'le

n«

'18

,--.

5;*
....

....

55*

•

....

55«

...

....

»ai«5i9 9j2»'l6 »32®i>ie *32®3,f;
....

I6e^-at4

....

H

H

•4

»4
>4

..

•4

^4

'4

>4

Trieste, steam... d.

%2

»i.a

8.13

•.12

0.12

An. wen., uteam.d. 3..«13-4 'i«a'''«4 3,jai.%4 ».s3!1'k4 3,«ai»fl4

Per 100

lbs.

-••

—

...

V®'l6

....

Uenoa,steam. .,.d.

'

—

ht

Ball...e

Oeval, steam

Mon.

»1B

c.

sall....e.

Amst'd'm, steam

JW.

Satur.

e.

gall....e.

4,.')43

-

21— Bark

3,725.

Do
36,042

!•
lJ,U*o
>I1A .5 "0^
H>ienle ,'-'
13,^ji9
iie;iMforilV«,b72.. .Bernicla, 7,167
To Breruru,
4,325
...
„•;;•,•
To Stbasto ,1, iHT r.i.)omer(ileul>ervle, 4,325
,.r;;i?;«-To..ven-H....«r^teume«A
25,749
0,125
;,^::;;?^^;te«"!i^di:iriiii;-3.575"^cydouii;
I
8,275

T.rAnlweri-:per;te«riierM.u-M^^
8
I«»tt*Ui»nu, let Uiuk Dlauj, 1,2

17— Steamer

Deo.
NoKPoLK— For Liverpool— Dec. 17— Steamer Cascapedia, 2,597
•JO—Iteamer Beubiack, 5,335 ...Dec. 23— Suamer Victory. 8,236.
Dec. 10^
Boston— For Liverpool -Dec. li-Sreamer ICansa", >.253

Hamburg, steam, e.

.IVex'andre' BiiiiV,'4',i72....Pouyer

To Havre,

60 202,434

Below we add the clearances this week of vessels carrying
cotton from United Scales ports, bringing data uowa to the

,

from the B>mbiy Comdate Bambay, Nov. 19:
is

,.

To Aniwerr.

9,027

4,161

1,630

.

Boston

Sieaiiier Hilda, 4.444.

•nd a^Ziic for bagging.
.
„
the unitid
^arrtMB N«W8.—The exporte of cotton fromhave
reached
returns,
mail
the put* week, as per latest

•wTo »

8,431

1,M8

7,94.'i

Newport N. 10.021
7,776
B 1 iiwore

WILMINGTON— For Liverpool — Deo. 18 — Steamer W-st Cumberland,

Ac—

ADiKl'nli'

4,:0J
1,180

'.

•

To

1,-20H

4,156

Total.

20,992
65,679
44,900
12,471
12,979
10,981
7,945
10,021
13,567
1,990

4,3i3

CBAJtLESTON— For Liverpool— Dec. 17- Steam9r Canonburv, 4,107....
Dec. 21— oieameis Border Chieftain, 3,4^ 9; Neto, 4,Z0
For Havre— Dec l7-8teamer Naworth Castle, 4,216.
Dec. 22—
For Bremen -Dec. 20- Steamer Addington, 3,902

•odehowd entinf.iciory quality."
The market for bagging has
JOTK BCTTS, Baouino,
have been
been quite dull since our lai-t, and but few orders
Prices are nominal and sellers are quoting e'^c. for
received
for standard
11^ lb 7c. for l?!i If., 7?iC. for 2 lb. and S^rJ^c.
Tlereidouly a small call for butts and what busiffiidcs^
ng* fa doing is on the basis of 1 13-163 IJgC for paper grades

mniir-T

mouth.

4,600.
Savannah— For Liverpool— Deo. 22— S'eamer Kate, 5,109.
Triton,
20
-Bark
1,00.
Havre-Dec.
For

l^U

«me

Ta^-

Sa-

2,5j9

For Reval— Deo. 17— Steamer Royal Prince,

mT

faalesr

Uriio.

Brisci e, 6,434.

"Beeetpt* of new notion are large for the time of year, consistlnR
theOomrawuttoe dlntrkti.
ehleflr of B»ns«l« and a •mall (piaiillry from
leaf. The qualThe late arrlvale of B.-ncat^ show utalus and some ilark
have arrived le, on the
which
Oomrnwuttee
lou
ot
llv of tbe era*!!
owing
apparent,
waole stlafHlorv.al'tannzb dark leaf and stain are
rtwappear to a
to tba'late n»Jo«: U In anilclpated that tbeae defeots will
intervenes.
extent In the laier arrtvale unless untimely rain
with K .od weather an
OoMoa ploklOK In the Herare Is now general, and be
looned f.>r. In ihe
ODomatlT rariv K^iMoa and large outturn maj"
and the prosfavorably,
progres'tln^
are
ul
iota
DboUenili dUtrieU the
a k.h«1
there ar-.K»Kir the erop la the HiueeuKhat dUtri.ts s
Jne,.ndlll.th*iiftitthitm.>rowlll be available for Imoorr tills year
arrived,
alreaily
tkaa t'T eom y-M* pr.-vl..u«ly. A email quantity has

•n' tt«

topot,

Qhi-.nt.

l,i7ti

Charleston,
jalveston . 117;>9

A.

East India Crop.— rh»* following

^^
SSiL

burtf.

/ourt,

Ge'Oa

Camellia, 3,637.

d

5»1« 7i6u»8»,e
IT»i,-7ili«5 7>e«6
.jy^ *T» 5 Ttte 7»» 8»i, T'a •8>4
5<8
7H 9b»»
Wov. 57»i«-71I,g 5 7Hi»e
7!>8 «8>8
" l«l7»t^-7lll,l5 7><«6 74 5>s
" 197a\t m»
S 7'«i6 T* 5»I6 7iiiee8»i«
" 2«l7*> •»
Is 7>a»6 71« SSia 7\ «8>4

Deo. 8 7»ig-7"tii 5
" 10 7H #8
|S
" 1717^ •S
'5
* 84l7*nr-7'»is *

(C

4,225 l.Oil
New York.
N. Orleans. 36,012 12,073 13,239
5.12.12,818
25;719
Savannah.
Ii.9.i9

For Bremen— Dec.
4.

d.

Se^as-

Total...ll9.723 14,58131,704 19,508

HAKCHUrntB Mabkbt. Our report received by cable from
Mancbeettr to-night states that the maihet for yarns is easy,
•nd for ahirttngs
and leave those

Havre.

rtool.

Sill-

Barce-

Attisler-

dam,
en
and Antw'Pf
Ham- and

SaaS'ia
....

H
H
3 a
3,8

THE CHRONICLE

780

—

LrvKHPOOL. B7 cable from Liverpool we haye the (oUow^ui
«tatement of the week's sales, stocks, Ac., at that port, 'We
ttdd previous weeks for comparison.
I>9e.3

bales
Vales ot the week...
Of wblch exporters took
Of wblcb speoolatora t<x>k.
Sales American
Aetna] ez{>on
...
Forwarded
Total stock— Estimated
Of which Amerloan— Estlm'd
Total Import of the week
Of which American ...

Amonnt

59.000
5.000
2,000
45,UO0
1 2.00c
23.000
509,000
329,000
110,000
85,000
252,000
239,000

iifloat...

Of which Amerloan

...

Dte. 10.

71,000
6,000
4,000
48.000
10,000
27,000
521,000
315,000
113.000
83,000
272,000
251,000

D«e.l7
59.000
5,000
3,000
45,000

63,000
5,000
5,000
45.000
9.000
22.000
571,000
390,000
132,000
108,000
286.000
251,000

lOOOU
21.000
SH4,000
403,000
95,000
78.000
32^.000
251.000

The tone of the Liverpool market for spots and futures each
day of the week ending D<3C. 21, and the daily closing pricts
"Of spot cotton, have been as follows:
Saturday Monday. FuMday.

apot.

Market,

In buyers*
favor.

-4&B0P.M.

5H
5S8

•Opl'ds
Mirt. Orl'ns.

Hid. Bales.

"SpecAexp.

Fair
busloess
doing.

8,000
1,000

Easier.

554
538

ftH

5%
10,000
1,C00

8.000
1,000

Futwra.
Market, { Steady at steady at Steady at
l-fll de1-64 dede12:30 P.M. 1 1.84
cline.
cline.
cHoe.

Wtdnu. TKurtd'y.
In buyers' Moderate
faTor.
demand.

Jfridav.

Moderate
demand.

Steady.

Easy.

Qnlet.

6^

539

53»

10,000
1,000

10,000
2,000

steady.

steady.

Firm.

Steady.

5»8

8,000
l.OCO
Quiet at
partially

and
steady.

The opening, highest, lowef<t and closing prices of futures for
Idverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
The prieet are given in penee and 64<As, th^$: 4 63 mean
>4d., and 5 01 mean* 5 l-64d.
non., Dec. 20.

8a(., Dec. lH.

Opm

Biih

hovi.

d.

d.

d.

d.

<.

i.

Deoember.. SIS 513
Deo.- Jan.... su Sll
Jan.-Feb.... Sll Bll
Feb.-Marcb 512 5 12
Mar.-Aprll.. 513 613
April-May.. 515 5 IS
May.Jnne
518 SIS

S13
511
511
512
613
515
518

513
511
511
512
513
515

512
510
510
Sll
512
515
617

5 12

5 12

510 510
5 10 510
611 511
612 SIS
614 5 14
6 16 SI6

5 20

5 20

510
510
611
512
519
617
619
5 21

521

.

Jane- July.. 5 80
~Jaly-AuK... S22

522 5 22

0U». Op*n Bifh Lovi. dot.

5 18
5 20
5 23

5 19
6 21

i.

5 19
6 21

6 12

5 19

Indian corn was somewhat depressed early in the week.
Regular trade was dull and spsculatioa without spirit.
Prices yieMed slightly, but the reduction was nearly recovered. To-day, as usual on the eve of a close holiday, business
was very dull.
SAII.T OIXISDIO PalOES OF no. 2 MIXED OOEII.
Sat.

Mon.

Jmnarydelivery

47%

February delivery

49

4714
4B>a

May

51>t

delivery

Tnes., Dec. 21.

Opm BiQli

h(m. OlM

d.

d.

d.

610 510 6 10
5C9 509 5 03

S 10

5 09

5 08

5 08

510 510 5 09
611 5 11 510
5 13 5 13 512
5 15 5 15 511
5 17 5 17 B17
619 S19 519

509

Thnra., Dec. 23.

Open Bigh Urn.

Olot

Opm

d.

d

d.

OIoi

December.. 611
Dee..Jan.... 5 10

610
Jan-Feb
Feb.-March 611
Mar.- Apr .. 512
6 11
Apr-May
516
May-June
June-July.. 519
.

.

July-&.ug

..

5 21

d.

513 511 513
511 510 5 11
Sll 610 511
512 611 612
514 512 5 11
516 5 14 510
518 6 16 518
5 20 619 5 20
522 5 21 5 22

d.

d.

5 09

SOS

6 10
5 12
5

U

517
519

FrI., Dec. 24.

Open Bigh Low.

512 612
5 10 511
510 511
511 612
513 513
615 5 IS

612 612
5 10 Sll
5 10 611
Sll 612
613 6 13
5 15 515
6 17 6 IT 5 17 517
5 19 519 5)9 519
621 621 5 21 5 21

d.

d.

d.

SU

512 611
5 10 511 6 10
510 611 SIO
5 11
5 13
5 15

517
5 19
5 21

3i38

36%

SBTj

delivery

PM.

31^

31%

35

35tSii

35%

36

35>«
86>4

36T»

37

j

.

We

Bieeipts

at—

Wheat.

Flour.

511
513

611

513

SIS 5 15
517 517
5 19 519
521 5 a

Corn.

BbU.imU)!- Bluh-SOlhn .BluA.56

Cbioago
UUwaukee...
Toledo

141,197

69,647
5.610

4138

Detroit
Louis.
Peoria

3t.

1,616
15.561

. .

..

1,810

'8».

d.

Same wk. '85.

5 12

Samewk.'Sl.

238.682
111.109
826,018

Since Jvlv 21
1886....

1.338,801

SU
5 11
5 11
5 13
5 15

5 17

619
5 21

18SB

8,B4'i,8S2

1S84

1.610.0:3

702.258
218.155
233,050
178.591
80,000
119.369
10,000
268,971

Sxuh. 32

1,017,809

81,810
115.050
135,181
35,500
306,005
131,700

Rve.

Barl»v.

Oatt.
U>.<

Qk.

Bmh.iSUM BiuhM lt>i

909.733
61,750
1,131
38,339
31.500
117.965

412.915
112.330

21,000
1,330

7,211
11.996

1,500

183,323

15,600

8.803
9,00J

723.353
611,661
357,913

48,680
44,08»
71.880
1,211,108
1,930,045

19,500
83.800

1,835.394

1,813.083

1,327.086

1.179,705

1,933,690

3,071,133

1,219,151

992.129
528,565

10.018.6S1

82.509,709

18.221,760

40,022910 •23.751.162

i:,llS.827
9.213.771

55.886.573
33,680,385
a9,2i8,l37

bWs, 10,593,243

Wheat

and the demand exceeded the

The wheat market was dull and drooping down to the close
of Tuesday's business. The excessive supplies in our markets,
the certainty that we still have large quantities to be marketed

3'5.718 9,S9

29,171.9,H

3,252,83

The comparative shipments of flour and grain from the same
ports from Dec. 21, 1885, to Dec. 18, 1886, inclusive, for four
years, show as follows:

bush,

Com

Friday, P. M.. December 24, 1886.
meal has been very dull all the
half values were drooping and

unsettled, but yesterday matters took a stronger turn on
advices,

Thun.

3H4
351*

Glot

BREADSTUFF S.
foreign

51>s

FH.
47»t
48'8
&l>i

36 >4
37
37
Rye, barley and buckwheat are without change of moment.
The following are the closing quotations:
FLOUB.
Fine
9 bbl. $2 009^3 90 Bonthem bakers' an n
Superflne
2 3i)» 3 15
family br ds. V bbl $3 60 $ t 75
Spring wheat extras. 2 35 3 3 30 Bye Oonr, supernne.. 3 109 3 25
Minn, olear and stra't. 3 50 9 4 65
Fine
2 30»2 65
Wntershlpp'g extras. SOOn 3 40 Corn mealwinter XX & XXX.. 3 509 4 75
Western, Ac
2 30 9 2 85
Piteots
4 35 9 5 2.5
Brandywlne
2 85» 2 90
Soitbern snners...... 2 73 • 3 20 B'kwh'tflour,91001bs 1 90» 2 00
9(raCli'n com. extras.. 3 25 9 3 50
OBAIN.
Wheat—
Rye—Western. 5 bosh
•
8pring,per bnsh.
80 » 9514
State and Jersey
56 « 59
Spring No. 2. new
89^S 90i« Oats— Mixed
33 • 37
90 l> 91
White
37 • 41
Ked winter. No. 2
34i»»
Red winter
73 » 94
Ko. 2 mixed
>» 35 >4
80 « OS
38 • 39
White
No. 2 white
44
«
49
Barley-Canada
68 • 78
Ojrn— West, mixed
47'4» 48 ^
Western
... 60
9 68
West. mix. No. 2.
45 » 50
Two-rowed State
61 a «$
West, white
45 a 50
81i-rowert State
65 a 69
West, yellow
50 • 54
Peas—Canada
67 9 68
White Bonthem
Buckwheat
51 « 53
47 • 60
Yellow Bonthern
The movement of breadstuSs to market is indicated In tte
statements below, prepared by us from the figures of the New
first give the receipts at Western
Tork Produce Exchange.
lake and river ports, arranged so as to presnnt the comparative movement for the week ending Dec. IS, 1836, and since
July 21 for each of the last three years:

May

188,5-86.

favorable
supply.

Si's
35»8

3.j>4

March delivery

Flour

The market for flour and
week, and during its first

51 °e

DAILY 3r.aSSIO PBICEB OP NO. 2 OATS.
Sal.
Hon. Tuet.
Wed.
January delivery
February delivery

Tot. wk.
d.

48%

quieter.

Duluth

Binh Low.

Sm

Tlmre.
47'«

4738
487g

48>«
Si's

Oits were dull early in th? week, but on Wddnesday and
Thursday were active and firmer. The regular trade was
notably brisk, and the market to-day was quite firm, though

Cleveland

Wednes., Dec. 22,

Wed.

Tuet.
4714

.

6^

Quiet

Market,
4 P.M.

[Vol ZLIII«

Oats
Barley

Rye

58,100,715
80,525,533
48.468,881
10,338,373
1,570,077

1884-35.
10,837,674

1883-84.
11,817,069

1882-83.
9,752,084

47,711.814

64,384.0".l

92,17,>.:i50

82.3B0.400

51,8J8,728
7,179.761
2,192,929

51,26ri.5l5

46,691,449
104.126.429
49,161,448
9,946,520
5,814.449

5,-!09

107

5,972,517

Totalgraln.... 193,053,564 201,161,815 209,792,650 216,043,295
The total receipts at the same ports for the period from Dec,
21, 1885, to Dec. 18, 1886, compare as follows for four yean
1882-93.
1885-36,
1884-85.
1883-84.
bbls.
14,006,450
Flour
13,410.519 13,117,150
13,827,038

Wbeat

Com

bnsh.

71,453,4.57

77,110.710

Oats...
,.
Barley...........

37.<<38,17!)

45,642,455
81,715,534
41,511,903
6,281.703
1,140,031

69.638.300
17.S47.931
32,236 114
6,413.457
5,525,368

60.638,424
84.119,984
31,352,530
6,076.322
5,661.956

6,503,136
and the smaller export movement, were all too much for the
613,659
Rye
^
bulls and they could interpose no effective check to a decline
Total gra'n... 192,719,111 179,297,634 161,761,230 187,850.216
in values. On Wednesday, however, there was a better market,
The exports from the several seaboard ports for the week
and yesterday a sharp advance, in which the decline early in ending Dae. 18, 18S6, are shown in the annexed statement:
the week was more than recovered, with an excited speculaKxports
tion and a large business for export. The advance was due to
Peo».
Bye.
Flour.
WKeat.
Corn.
Oaf.
from—
foreign advices and was made in the face of active Western
Btith.
Btt'h.
Bblt.
Bmh.
Buth.
Biuh.
influences looking to a decline. To-day .the market derived WewTork 612.001 327,608 126,876
3,816
14,657
2,060
8,991
425
24,839
strength from the rumored death of Bmperor William, but Boston. ..
12,769
Portland.
29,200
3,463
the close waa quiet.
7,610
N. News.
12,000
"756
OAILT OLOSma FBIOBS 07 HO. 2 BBD WINTIIR WHEAT.
1,981
fhlladel,
133,500
24.750
Baltim'ri
H. Orl'ns

aaL

Mon.

Tua,

Wed.

TKiirt.

fri.

Jannarr delivery
Febniary delivery
March delivery

8»ae

88'8
siO^
92ie

SSSg

9iy
92\

bo's

9i^

89»s

93^

9038
92i6
9334

April delivery
May delivery

Tot.

95

94%

91>4
9r>%

95S8

95°8

96\

96% S'me time

96

97

Jnly delivery....

August delivery..

97>8

91^8
9338

QW
92%

92'fl

88%

287,981
33,780

132,210
171,337

58,832
1,162
2,355

M37T56

656,3iO

225,151

12,852

230,147 1,036,989

147,921

33,051

Elchm'nd
w'k

1885.

10,042

11,657

16,585
7,311

DXGKXBXR

THE CHRONICLE.

25, 1886.]

The deetmation of these exports is as below.
OonreBpondiug period of last year for comparison.
Flour.

We

add the goods were

1886.
Week,

Com.

WKetU.

188B.
Week.
Dee. 19

Dee. 18.

BbU.
139,837
7.853
49,297

Dii.Klog.
Contln'nt
B.A C.Aiu
W. Indies

87,775
1,730
21,910
U1.464
13.981
1,064

1S,0.=.5

13,083

Brtt.col'a
Oth.o'n't*

2ti

Tot»l...|

1885.
Week.

1886.
Week.

1885

Dee. 18.

Dec. 19.

Dee. 18.

Dee. 19.

Buth.
126,575
103,872

Week,

Buth.
451,701
196,584
1,328
6,662

45

ButK.
632,761
236,70i»

145,748
8.705
1,438
1,628

147.924 1.137.456

2-2o.l5if

By adding

1886.
Week,

Siuk.
698,492
43g,964

Bbt$.

230.447

week's movement to our previous totals we
have the following statement of expori» this season and las't

McrerU'to-

M

.Sfpi. 1. -as.

Dtc.

te Dec.

18, IStX).

Bbf.

Obm.

Wheat.

Tlour.

Vie.

Sept.

Sept. 1. '86, Stpt.l.'SS. Sept.l.-m, Sept.], '85,
to Dec.
to Dee.
to Dec.
to Dec.

19. 1885.

18. 1888.

19, 1885,

IS, 1886.

BbU.

B»«».

Buth.

Biuh.

19,

1885

Btuk.

Un-Klncdom

I.«23.4a0

1,881.475

iLSSMsa

9,891,858

174.221

42,&i;

8,914,7f«4

4,125,978
»,ovs.iea

6,40«,88-

OoDtlaent...

2.797,971

2,960.988

B.*CAni...

ae3.»>i

15,863

2,701

WMt iDdlM.

138.81B

«77.a<M
301.093

3.071

4,107

297.«B2
158,830

Mt.Co|-al«

sse,flt»

241348

13

5,788

OAi. eoantr't

1-.88IJ

10.783

85,711

18,320

17.106

846.547
113.077
80,558
24,084

S.»13,S37

8,2M.41»

20.610,581

6,191,413

9,873,401

13,666,860

Total

demand, and

prices are firm all

Colored cottons continued to move steadily
at unchanged quotations, and stocks are in very good shape.
Print cloths, other than "irregular counts," ruled quiet, but
prices are stsady on the basis of 3%c. for 64x64 "spots" and
"near futures" and 3c. for 56x608, Stocks last Saturday and
for the three previous years are as follows:

Tlie visible supply of grain, comprising the stocks in granar;
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Dec. 18, 1886

Dee. 19

Dee. 18,

Stock of Print Oloth*—
1886.
Held by Providence manuf'ra. 60,000
F»ll River manufaotnrera... 105,000
Provldeace speculatora
42,000
Outside speculators (eet)
25,000

Shirting

prints

Dec. 20,

1S85.

1884.

125,000
103,000
240,000
70,000

423,000
354,000
320,000
260,000

Dee. 22.
1883,

107,000
433,000
256,000
75,000

871.000
232,000, 537,000 1,362,000
in fair demand, and there was a

Totalstook, (pieces)

636,320 1.026,989

this

—

in rather better

alo-ng the line.

Maportt
/brweeAc

781

were

moderately increased business in light fancy prints, while
ginghams, seersuckers, low grade lawns, cotton dress goods,
white goods, and " scrims " were moved in liberal quantities.
Domestic Woolen Goods, Clothing woolens have been
more active in movement than demand, fair deliveries of casBimeres, suitings, worsteds, &c., having been made by agents
in execution of former orders, while new business was com-

—

Heavy overcoatings were

paratively light.

some

in

rather more active
few pretty good orders for rough-

quarters, and a

faced descriptions were placed for future delivery at about
last years prices.
Satinets have met with increased attention
from the clothing trade, and there was a limited business in
Kt^ntucky jeans and doeskins at steady prices. Cloakinga,
other than a few specialties, ruled very quiet, and there was a
strictly moderate inquiry for Jersey cloths and stockinets, but

:

WIttat,

AtftoncU—

friu*.

•wTorK
Do

1

afloat....

Ubur

10..'i95

BoflUo

.

Ohlaa«o

Do

,

3,008,970
12,386,240

afloat....

Mllwaakeo

Do

8,573.018
141.000
4,13 2,850
192,'22S
22.500
93.838
2,187,848
100,000
110,000
4.519,759 1,194,535
9,000
83.000

afloat

Totodo

_Do

.aflot
DvCiull..... .••
0»w»ttt>

BULooJi
aU
Xlonmto
Montrsal
nuiaaelphla
Peoria
tadlmnapoUa .....

404,104
108,767
208,111
1,112,307
10,479
120,100
333,152

,

KanaaaClty
Baltimore

Do

On lakM

960,989

.......

243,825
223,500
13,5,8^0
239,79.T

328,877
290,367

218,680

61.606
429,676
155,714
162,800
210,569
479,338

27,354

50,467

28,892

23,787
17,300 1,0011.854
22,261
96,810
40,000
28,000

563.399
141,000
407,850
4,895
51.193
57,825
952.095
3:6,200
20,809

817
4,249
21,382

«6,!.28
20a,6>;9

51,255

eanal

A

and worsted dress goods (for womens wear) continued
meet with considerable attention. Flannels and blanket!
were quiet And steady in price, and there was a light demand
for shawls, skirts, wool hosiery, and heavy shirts and drawers,
but carpets were fairly active in some quarters, because of
the prevailing low prices.
Foreign Dry Goods have ruled quiet in first hands, and
the jobbing trade was light and irregular. Dress goods,
silks, velvets and plushes were severally in light request, but
a fair business was done in certain in a kes of hosiery, white
goods and embroideries. For men's-wear woolens there wa»
some inquiry by the jobbing and fine tailoring trade, but;
transactions averaged light. Prices of foreign goods remain
steady, and wool dress goods in particular are very firm at
all-wool
to

the late advance.
10,815

452

Importation* of Dry Qooda.

9.'50

6,913
1.380

6,326,863

.

of dry goods at this port for the week
ending Dec, 23, 1886, and since Jan. 1, and the same facts for
the corresponding periods are as follows:

The importations

695,000

1

130,000
51,200

rirer.

g

To*. De-. 18 '86.
TM. Dec 11, '86
Tot Dec 1», '85.
ToL Dec ZO, 'ft
Tot Dec. 82, 'SS*

f

*

5,912

Barle: ,
buth.

afloat

MlnimapoUa.
WLFaal....
Oa MiMlMippi...

On

500

2,817,686

.

Bye,
biuh.
41.272
12,000
8,000
41,753
148,978

afloat

Dnlntb

Do

1.817,337
1,176,000

OaU,
Oont,
busK.
bush.
4.129,125 1,400,898
141,100
66,900 113,300
5,311
431,084
3,916.795 987,624
141.r84

61.4.59,874 12,1H4,603 .5,098.6.19

420.463 2,9.50,969
403,32-i 2,785.727
7ii7,S-2(i '2,29^.484

B

59,989,580 ll,eM6.8i7 5.122 963
1
7,3 18.256 2.800.664
eSi.Oie 1,956,8 8
43,068,451 4,326.792 2,600,918
35,43l,-25» 9,161,258 6 197,271 2,712,188 3,469,856

5-'.T64,95

MlnneapolU and St. Paul not tnoyided.

THE DRY GOODS TRADE.
New

York. Friday,

P. M., Dec. 24, 1886.

Sr

Ot-"

ro
ro
OD
t3

MO
ts-.&

MMOiCO
O*

•J -C CJ
iP'COr-

>-

M^^

Mifkl

MAri^rs

.-U1

ffl

—

wc^w*-

ecu
toa

-^

spring goods, large quantities of shirting
Beersuekers, dress
prints, lawns, white goods, ginghams,
shipped to distant
fabrics, cotton hosiery, &c., having been
on account of former transactions. The jobbing

at

00

oto

W to W * OD

of

W
•p.

W ^^
w

CDtCOCiV'

MM
av*

tC^

iO'£>

00 UD

Vi'-j

-I'lO-Ii^

MIO

XUO

cr>

UiMOiVb
tHXtOCM
oto

Mtd

^ to CO M *>
-.J

O

DoMKsno Cotton Goods.—The

en

brand*

n^
CD

CDO

CQ-J

I

1

1

)
i

—

o

:

.

I
I

,
s
1

•

^
9

!

•

Of

1

!

i

i

i

i

a

:

:

!

:

:

1

M

?
•3

!

ii

MM

^tOX OJO

-^ax*M

©it^lMtO

"ccn
if^.j^Ot;,

WXrf-Ol

vl

j:

I

'

'
I

)

i

>
'
j

:j<

CO
fD
Oa

a
V*

«
M

<»^^

tOUAitb^

O'lt^

rf*.

tf^M
Oihr-(K
if>'K}

to

kO

f^

0«yi

^tO

W

^fi^

OJV

)—

M

.1

fTiM

M Ol
:o
M ^ to

00

X

jc

COCs'ioV: to

oco;to:ooi-«:
*J

—
— ^- 05

K)*'^

<1W

j:

rf>>

^^jf^ojpo

— CCi.i'Oi

rotfly:o**

.--

•b.

it^totog:c

0-.

o©«;-j w
K-.

03 0<

K^ 00 to to

tc ^1

'-'

iji

^

O

ucoVotrt'xt

M

if>

o_

MlO.^rf*.C0
**
*C
00

V -^ to 10

CDO'brf*"'^

ow3ipf>cn
CO -J

OCi

-J Ul

Mf-M
bbMOioi
CO

MIO

t^ —
w a <i
CO X a>

COV^'MOl

o< Oi

01Ui-*»Jif>>

."a

MMO-i^tO

WW

WtOW-^OS

QDO)t^OCD

tjM

**COMMM*

OlOXOOM

CO^i

o^«».rf»^^^
*-iS-**QOai

Vwi'mc"©
CDA-OOIM

00
Oi

TO

if^M
COOl
t^Q)

COM t-IO
lOVCOVtO

CflCCttOlCO

^

OD-^-^103W

CO

o<i
WiM>
*^v

J

CCIO

tCtOCC'CO

a* 03 CD 00 00

tots

»0

rf^tO

!

M
Q M
i^OOift'ACO
VK>-^T.CP
o <£l^
l-tai
CM xoao
ct
® i^ro a; to X M «
lu
MM M
MtO MW
CO o '* y —
to
C0<»
MtO «q Oi o ^
iO
*** -1
O
Oltf^
W X OS

»

b«
cox

1

^^

iM-OD

)

•

10

CD

00

exports of domestics from

Dec. 21 aggregated 7,125 packthia port for the week ending
Great Britain, 1,129 to Aden, 676 to
ages, including 3,615 to
of Colombia, 229 to Hayti,
China, 897 to Brazil, 288 to U. S,
Republic, 123 to Mexico.
Argentine
156
to
173 to 'Venezuela,
Brown cottons were in fair demand for
114 to Hamburg, etc.
Eastern and South
coovenion and export purposes, and both
Bleached
are firmly held by the mill agents.

O.M

M
!

1

I

00

nc

01

gcodi have

appreciably checking their sale.

S"

oto

u x \o
O
O'COIOpM

markets

case at this stage of
trade wss sluggish— as is invariably the
than an average
rather
more
that
probable
is
it
but
the season—
goods was made by
distribution of staple and department
for small re-assortments
leading jobbers, a constant demand
this result. The tone of
by retailers having contributed to
and some makes of staple cotton
the market is generally firm,
been slightly advanced by the mill agents without

2
^
S
•»

si

^

P"

lii^flo

o

^

The week under review has developed very few new feaThe
tures in the wholesale branches of the dry goods trade.
with
precomparison
in
light
was
buyers
package
by
demand
ceding weeks, but there was a fairly good movement in some
deacriptions

n

si

I

b'xbs^to
OCD^-^CJt

©

r

Ci3 K-.

Oi

o
w
on
KS

MO

CJ>

lOM

•>3»-*MXai

CO «• * I

»M

cote to

C^iXOS^CD

tOVUif^rf)'

X C 01 'J

O0:ocox
QCK)>(^CD:n
CD^^DOU

M v|
COM

if^C^'OlM^

-•tOMtO

KtOAlf^^
to

rf^M

to Ol

U01«>4!i01

00 to ^o -4 to

M
tooibVi'to
M M CD to
'

.(^

f^
to

X
>^

1

IC

Xp to 03 CI
OlWM<ItO
*

CO>Ck h-rf^CC
-^ "C
(D '"

*

00 9'

THE (HliONKLE

782

ana

I^ankgy gatifeers
BAATKS.
aio. Stuboib. Prw't.

r.

Capttal, (200,000. Surplus, $50,000.
Tbis BHDk holds In addition (l.OOO.OOOU. B. 4 per
oent BnndH (U pHi.ple'iKO'l by its stockholders for
Said bonds are
the pn.tection of Itj* customers.
pledged us Hbove. insti^ad of being held by the Bank
ai a part of Its leiial surplus, to avoid what we Uilnk
unjust and ezcesalTo local taxation.

Bank of Buffalo,
--.--- ¥300,000
CAPITAI.,

STREET,

Members ol the

Philadelpliia

Cable Transfers.

Bills of

Bank

lieather

P. A.

Pre»*i.

The Bank

Wiley,

Cashier.

of Durham,

DURHAin,

Paj

N. C,
Special Attention to Collections.
and 8eventh Ward National Bank.

R.A. GIKAUD.
Cashier.

Jos.

BANKBRS AND STOCK BHOKBRB,
134 SOUTH THIRD STREET,

S-.iOO,000
Collections receive our special attention and are

prtWDPtly remitted 'or.

\

j

STATE BANK,

)

PrMident.

(

Incorporated 1875.

i

C. T.

-

Co.,

425 ^Vood Street, Pittsburg, Pa.
New rorkand

Philadelphia Stock Exchanges.
Pittsburg Petroleum, Stock and Metal Exchange.
Private wires to New York. Boston, Philadelphia,
Baltimore and Washington.

PITTSBURG,

PA.

&

Whitney

A. K.

Pres't.

Cashier.

Walker,

IX^ILmiNGTON, N.
ollectlons

made on

all

Cashier.

Bank,

First National

ail

Oldest Pittsburg

members

N. y. stock t^xchange.

F.

Southern points on best

J<>UN P. BRANC
President.
Glenn, Cash. Fred. K. ^^^OTT. VieePres't

NE1¥ EKGLAKD.

Brewster,

BOSTOX.
MEMBERS OP THE NEW YORK

W. Branch &

C.

Co.,

BANKERS AND BROKERS,
(Members

ot Biiltimore Stoclt Exchange),

State Bank Building.

FIDELITY & CASUALTY CO.

BONDS OF SUKETVSHIP

from this Company at moderate charges.
The bonds of this (Company are accepted by the
courts of the various States

Correspondence solicited and information furnished.
N. Y. Correspondents— McKIm Brothers

& Co.

Robert Garrett & Sons,
BANKERS,
No. 7 SOUTH STREET,
BALTinORE,

CASUALTY DEPARTMENT.
Policies issued against accidents causing death
totally disabling injuries.
Kull tnlurmation as to details, rates, &0., can

KOB'T

&

Chas. H. Potter

Co.,

CI.EVELAND, OHIO.
SPECIALTIES:

TOWN. COUNTY ANU CITY BONUS,
LAKE SUPlilUOR IRON MINING STOCKS,
Dealers In mnnlcipal. State, Railroad
AND sTKiClir RAILROAD 8KCURITIE8
aud United Mates Ronds.

Lamprecht Bros.
BANKERS,

Wilbour, Jackson & Co.,
PROVIDENCE,

R.

I.

Dealers in Commercial Paper, Goremment and
Other tlrst-class Bonds and Securities and Foreign
EzchutiKe.
Private Teleeraph Wire to New York and Boston.

PE.\1%S¥L.VA1WIA.

E.

W.

Clark

&

of" Suretyship.
so OTBER BV SISESS.

Cwiiaraiitee Co.

York.

& Co.,

$300,000

Cash Capital

830,000
Assets and Kesciurces
240,000
Deposit with Insurance Department
Vice-President:
President:
BON.JAS. Fkkbixs.
Bib ALU. T. G ALT.
Managing Director: Edward Rawlikqb.

NEW YORK
NO. Ill

OFFICE:

BROADXVAY.

D. J TOMPKINS, .Secretary.
N»w YORK DiKKCToRs—Joseph W. Drezel, A. L.
Hopkins, U. Victor Newcomn, John Paton. Daniel
Torrance. Edw. K. Winslow, Brastus Wiman, V. P,
Oicottand J. B. Pulsford.
.

CLEVELAND, OHIO.

Insurattcje.

Transact a general banking business, and DEAL
IN TOWN, COUWTY ANJ> CITV BONDS. Lists
and prices furni»hed on tippllcation. Write us If you
wisli to buy or boJI. lieter, by permission, to Hoolety
for SaTip«<8, t^avinKs & Trust Co. aud National Banlu

EQUITABLE

of Cleveland, Ohio.

KaTABLISUED

805

OLIVE BTBBKT.

Dealerift In

Wentern

LIFE ASSrRAIVCE SOCIETY,

1S71.

F. Keleher

P.

&

Co.,

8T. LOUIS,

Secarlttes*

Defaulted Bonds of Missouri. Kansas and Illinois
Oood Investment S. curities, payiau
a specialty.
eiKbt per cunt i or sale.

BANKF.US AND BROKERS,
from four to
No. 35 SoniU Third St., Plilladelpbla.
Railroad, Municipal and other desirable investment Securities tor sale.
Transact a Kunurai banking hnsioeM. Allow interest on deposits.
Members of the Philadelphia and New York Stock
Exchanges, and ooiuieoted by private wire with New

lilKtcTDKS:

SUPERIOR STREET,

No. 13?

.

Co.,

UiLLAS, Ass't Secretary.

JBonds

ALSO,

WEVROSSET STREET,

J.

David I)o*s,
W. G. Low,
Charles Dennis,
J.S.T. Stranahan, A. :^. Uarnes,
A.B.Hull,
ll.A. Uurlbut,
Alex. Mitchell,
J. D. Vermiive.
S. B. Chittenden,
J. L. Hiker.
Wm. M. Richards,
Geo. S. Coe.

G.G.Williams,

OF NORTH AMERICA.

AilD

BANKERS AND:BR0KER8,

or

bo

obtained at head office, or of Company's Agents.
Wm. M. Ricbauj<8, Prcst. John m. ckane, Seo'7

The

WESiTERjy.

BOSTON STOCK EXCHANGES.

No. 62

NEW

& 216 BROADWAY,
yORK
in U. S. Govt Bonds.
deposited with the N. Y. Ins. Uep't, for
the protection of Policy-holders.
Assets, January i.Ht, ibctt, *oyo,500 42.
Officials of Banks, Hailroadb ana Jixpress Compft.
ales. Managers, Secretaries, and Clerks of Public Com.
panics. Institutions aud Commercial tlrms, can obtalD

(INVESTMENT and SOUTHERN SECURITIES a

INVESTMENT BANKEEB,

J08HCA WILBOUK,
CUAULES H. SHEUIUN, JH
BKNJAUIM a. JACKSON, WU.I.IAM BlNNKY, JR.

Co.,

BANKERS AND BROKERS,

»i!(K),U<XI

&

Wilson, Colston

Estabrook,

BANKERS.
CONGRESS STREET,

No. is

KICHinOND, VIRGINIA.
Circulars and information on fufidtngthe debts of
Virginia and Ndrth Carolina freeol cost; one-«lKhtl»
per cent charged for funding, tiouthern Hailroad
and State and City Bontis bought and sold.

Cash Capital, t25O,0oo, Invested

TRANSACT A GENERAL DO.MKSTI0 AND
FORBION BANKING BUSINESS.

Cobb

&

THOmAS BRANCH

4c CO.,
BANKERS AND COMMiriSlON MERCHANTS

Nob. 214

BALTIMORE.

BALTIinOUE.

terms; prompt returns.

John

or

l^inauclaX (['Onxprniics,

specialty.)

made on

replies to correbpoudeuce. mail

FOURTH AVENUE.

No. 57

C.

parts of the United States.

MERCHANTS' NATIONAL BANK,
RlCUmOND, VIRGINIA.
Collections

Prompt

Stephenson,

BANKERS AND BROKERS,

Prompt attention given to all business In our line.
W. Y. CoitRKSFONDBNTS.— Importers' & Traders'
Bank and National Bank of the Kepubllc.

BURBOSS,

State. City, Rallriad and ^ther CorjKjrate SecuriSouthern Staie-s wanted an.1 for sate at all
MortK«Ke I..nans on city mid tarni property,
two to ten years, paying six to eight per cent, fur-

ties of

PrlTate wires connpcting with Wasfalngton, Baltl*
more, Philadelphia and New York.
New York C'jiTe:*pu idwiits. Piince & Whitely.

National
B. v.

Patterson^

RICHJTi;oNI>, VA.

ESTABLISHED 167L

$200,000

.

&

Bros.

BANKERS AND BROKERS,
AND DEALERS IN FOREIGN EXCHANGE,

LrrXIiE ROCK, ARKANSAS.
(Paldlu)

H.

BOND AND STOCK BKOKKR,
ATLANTA. GA.

nished.
wire.

Walker,

German National Bank,
i'^apltal

York.

tiiiiea.

PHILAUELPIIIA.

Rea

New

BOBEBT M. JANMIT.

M. Shoemaker & Co.

Capital,

J. a. Fletcher,

York.

Ra^rence Atlanta National Bank, Atlanta, Ga.
:

Commercial National Bank,
HOUSTON, TEXAS.
i

New

MEMBERS

New York Correspondents.— The National Park Bank
B. P. UILI.,
President.
VIce-Pres't.

Kxchange aod Letters of

M. 8HOSMAEKB.

FIRST-LASS FACILITIK8.

H.OABDE8,

IN ALL KINDS OF^
SECUKITIKS.

Bonds and St^tcks bought or sold on commission
Georgia and Alabama Securities speciallv dealt in.
Correspondents: Tobey A Kirk and A. Dutenbofer,
and m)urth National Bank,

Union Bank of London.

;

BROKER AND DEALER

Stock

Credit.

This bank has superior facilities for makinK oollecttons on all accensible points In the United States,
Canada and Kumpe. Liberal terms extended to ac*
Oounts'uf bankers and nierc-hats.
CoKKEspoNDKNTS.— New York. National Shoe &,

W. T. Blackwkll.

New York

and

Kxchaimeti.

No.

N. Y.

ATLANTA.

Gerlach,

PHILADELPHIA.

-

BUFFALO.

SOVTIIERjW.

BANKERS AND BROKERS, Humphreys Castleman,
No. 437 CHESTNUT

BBSMAH O.JKU kTT.fres. JugiAH jEWKTT.V.Pres.
CoKNWii.L, Cashier.

&

Narr

JOB.
C.

jLlroturs <Out 0f JJciu V^ovli.

PE.\X*TLVANIA.

W. OooKiN, AaM. Cub.

North- Westera Nat'l Bank,
CHICAGO, ILLINOIS.

WiLLIAU

[Vol. XLIII.

N.

W.

Harris
:iud

&

Co.,

UOl^jTON.

grade a
specialty. IseiiillorDegcHvtfvo Lists.
0' Conntle?. Cities. 4o., of

fciith

BROADWAY, NEW YORK.
B.

HYDE,

President.

ASSETS, JANTTABY Ist, 11388
LIABILITIES, 4 per cent Valuation

$68,553,887
..

1»

63,691,14837

SURPLUS
(Sarplnson N. T. Standard 4<a percent

$13.«8S,2«> 13

Interest, $17,495,329,40.)

,

CHICAUO

DHMnC
PUIMUO

120

HENRT

5urplti*oU(T Liabiiitifs, on ererystandord oS valuttf
tion larger than thtit of any othtr Life Af9uram:e O&m-

panv.

««w A8SITBAKCE

In 1885
$96,011,378 00
367,398,84800
7438,61* 06
Total paid Policy-Uolders In 1885
PaldPoHcy-Uoidersslnce Onraniiatinn H«JJH,175 88
16,590,05318
INCOUE in 1885
,
,

0CT8TAXU1KG A88CKANCI:

December

THE CHR(3N1CLEL

25, 1886,]

?tusu\;attcje.

vii

^uswrancc.

The United
IN

{ORGANIZED IN
261, 862

BCRFORD,

0. P. Fkalxioh, Bec'7.

AU
Janaarj 23, 1886.

The Trustees, In eonformltT to the Charter o:
the Company, eiibmlt the following Statement
of It* >flUrs on the Slst December, 1885:
Pwimlnnnon Marine Bieke from
lat Jaaxuaj, 188S, to 31st
December, 1885
$3,856,618 66
Premlnmson Policies not marked
efl 1st JanojuT, 1385
1,339,525 10
Totol Marine Premlonu

PiemluuM

marked

$5,196,143 7d

from 1st
Jannary, 1835, to 31st Decem$3,770,094 30
ber, 1885
oil

IRON COTTON TIES.

PreBldent,

ESTABLISHED

A. WBXiLwaioHT, Au't Be«.

Wm. T. Stakden, Actuary.
the protlta belong to the PoUcy-bolden exda-

All Poltcles Issned by this Company are IKDISPUT.
ABLE after three years.
AU Death Claims paid wtthoct discount as soon
as satisfactory proofs have been received.
This Company Issues all forma of Insurance, including Tontine and Limited (Non-Forfeitlnx) Ton

STATIONER AND PRINTER,
Supplies Banks. Bankers, Stock Brokers and Corporations with complete outllts of Account Books and
Stationery
|7~ New concerns organizing will have their ord«ra
promptly executed.

No.

1

One month^s grace allowed In the payment of
Premiums on Tontine Policies, and ten days* grace

(HANOVER SOnARK.)

on

all others, the Insurance remaining in full force
during the grace.
Absolute security, combined with the largest liberality, assures the popularity and success of this com
pany.
GOOD AGENTS, desiring to represent the Cornpan)' are invited to address J. S. O AFFNE?, 8upere n dent of Atfencifts. at Home OflBce.;;

JOSEPH GILLOTtS
STEEL PENS
GOLD MEDAL PARIS ED(P0SmON-l878.

THE MOST PERFECT

STOCKS

$776,712 42

The Companr haa the following Assets, Tlx.:
United States and State of New
Tock Stock. Clt7, Bank and
$9,034,685
•tkvStocln
•eoored hy Stocks and

At Auction.
The Dnderstgned hold

BALKS

>'

OompaB7. estimated
Premliua Hntea and

ADRIAN
No. 12

1,508,143 53
228,897 88

eelTable

ash In Bank

PER CENT INTEREST on

gtXt6ceUau«0US.

oatstand
IBC eertlHoatea of profits will be I'ald to the

ODTBTAKDINO CERTIFICATES
wUl be redeemed and paid

WALI,

71

on

to

Members of the Cotton.

Is

Coffee

Warn

ORIENT GUANO MANDFACT'G

CO.,

L.

I.

Jamaaliow,
A. A. Baren,

OF VIRGINIA.

Fabyan &

Bliss,

Co.,

BROWN

Sc

EanoeOray,

George Bliss,
Benry E. Bawley,
William D. Morgan,

Dodge,

iruuaai B. Uacy,

a A. Band,
John D. Bewlett,
WUllaa H. Webb,
Charles P. Bnrdett,

Edmund W.

BliBAGHBD SHIRTINGS

JOHN

ICHARLE8 DENNB, Tloe-President.
|W. H. H. MOORE. 2d Vlce-Pres't.
A. A.

BATEH, 8d

Vl«e-Frealdent

HSNBT

BULLABD.

&

B. WHEKLIB.

Wheeler,

CCITON COMMISSION MERCHANTS
HKW TOllK.
(FOB BALING COTTON).
Advances made on Cotton Consignments and Special
Attention given to purchase and sale of FUTUUB

CONTKAC.'TS OK COTTON.

Dennis Perkins

&

Co.,

PBINTB, DENIMB, TICKS. DDCEB, M.
Toivels,(laiIts,Wbltc On«ds& Hosiery

Orders for Spot Cotton and Futures promptlj
executed.

125 Pearl

Street,

New York.

Expor tirade.

& Fatman,

cotton brokers,
63 BEAVE R STREET, NEW VORK.

CHARLES
WELDED CHKOME STEEL AND IRON
and Angles
&o.
Caanot be Sawed, Cut or Drilled, and praotlcallj
In

Round and

Flat Bars, and S ply Plates

FOR

CIIROnE STEEL, WORKS,
nnnoKf.vn,

n. y.

YEARS ""fJ^"^"
{PO
^" ^^

LENDING MONEY ON ILLINOIS

\
{

r

rARIwa.

C.

No

E.&

VANKCRS.

LOSSES. Bind fou

C.

M.

TAINTER,

SPECIAL ATTENTION TO COTTON FUTUHKS

F.

Hoffmann,

COTTON BROKER AND AGENT,
38 RUE DE I.A BOrHSE. HAVRE.

Geo. Copeland

&

Co.^

COTTON BROKEE8,

List.

ANTHONY,
PEORIA.

B.

COTTON MERCHANT,
COTTON EXCHANGE BUILDING*

8AFE8, VAULTS,
Burglar-Proof.

Maltlaad.

D. JONES, President.

L.

COTTON BROR.ERS,

Drills, Sheelings, dc, far

Anson W. Hard,

CorUea,

JDHH

SECUKE BAiNK VAULTS. Walter

Isaao Bell,
Edward Floyd-Jones,

Thomas

i£/ottan.

AND SHEETINGS,

iH. Field.
Charles D. Leverloh,
lO.Low,
ThMnaa B. Coddlngton, John L. Rlker,

miUamE.

Axent,
No. 3 Rnwilnv Oreea.

BAGGINO AND IRON TIES,

John Elliott,
James O. De Forest,

R. Denton Smith,

DE BBBIAN,

ALSO

High Grade Pyrites free from Arsenic.

Adolph Lemoyne,
Robert B. Mlntom,
Charles B. Marshall,
Frederick H. Cossltt,
William Bryoe,

irnilam Degroot,

I.OVIS

Bullard

Standard Superphosphates.

SULPHUR MINES COMPANY

tbhstbesi
Oharles DennIa,
W.H.H. Moore,

Paris. BaxgaKO checb<>d through to Paris
without examinatiun at Havre, jrovided passengers
have the same delivered at the Company's doOK in
New York, Pier 42 North River, toot of Morton St.,
at least two hoars before the departure of a steamer.

Havre to

CO.,

New Tork, Boston, Philadelphia,
BELLING AQKNT8 FOR LBADING BRANDS
J. D. 7oiiea,

Special Train n-oni Havre to Pari*.
The Compagnte Generale Transatlantique delivers
at its office In New Yiirb special train ticliets from

and Produoe Ezoh'a

Standanl Brands of Floor for Shipment to
Climates always on hand.

ORIENT,

SeeretAiT*

CO.

bat., Jan. 1. 10 A. M.
Pier (new) 42, North Kiver, foot of Morton rit
Travelers by this line avoid both transit by Engllata
railway and the discomforts of crossing the Channel
in a small boat.
Prick op Passagk (including wine):— To HavreFirst cabin, 1100 and fSO; second cabin, $H0: steerage. |^.j— Including wine, bedding and utensils. Ketum tickets at very reduced rates. CbeclEs on Banqne
Transatlantique, Havre and PariB,in amounts to snlu

RICHMOND, VA.

daolared on the net earned premiums of the
Ooopany, for the year ending 31st December,
1S88, for which oertlfloates will be Issued on
Mid after Tuesday, the 4th of May next.
By order of the Board,

B. CBAPlIfAN,

Wisner,
NEW YORK,

THE HAXALL CRENSHAW

•ezt, from which date all latereet thereon wUI
«aaae. The eertlHoatwa to be produced at the
(!• of payment and oanoeled.

J.

GENEBAL TRANSATLANTIC

Between NE'W TORK and HAVRB.
LA BOORGOGNE, FrangeuL.Sat., Dec. 18. 11 A.M.
S.at., Dec. aS. 5 A. M.
LA CHAMPAGNE, Traub

AOKNCT OF

thereof, or their legal representaand after Tuesday, the 2d of Febraary

DITLDEND OF FORTY PER CENT

ST.,

conmi^sioN biercuants,

of

I

tlTes,

&

Crenshaw

balden thereof, or their leital repre^entatlTea,
«n aod after Tuesday, the 2d of Febraary next.
of 1881

H. iniIL.LER &. SON,
NEW YORK.

PINE STREET,

tli<>

France.

From

(KQl'ITABLE BLTILDI.NO.)

$13,740,326 46

Direct Line to

LA BUETAUNE. de Joussulin,

OH

WBDNE3DATS AND 8.\TURDATS.
630,000 00

at
Bills Be-

Amount

REGULAR AUCTIOB

of all classes of

STOCKS AND BONDS,

1,438,60

and Claims dne the

I

I

ONL,¥

BONDS

and

OF PENS

M>U:xmsMps,

Ruction ^alcs.

Fremloms and Ex-

of

peasea

8TX

W^ILLIAM STREET,

tine.

$1,915,020 67

Betnma

18S5.

Eugrene K. Cole^

Loan* paid daring the same
period

ORATaS

&.

ST. LOUIS, nio.
ntannfactiirers of Pure Jute Bagslnar.
IMPOHTEKS or

Tork.

slvely.

KEW YORK,

WARREN, JONES

1850.)

& 263 Broadwa7, New

G. H.

Mutual Insurance Co.,

BAGGING.

States Life

Insurance Co.
TBE CITY OF NEliT YORK.

OFFICE OF THE

ATLANTIC

I^atscellaucoixs.

ILL.

134

PEARL STREET, .NEW YORK.

THE CHRONICLE.

Tin

^attotu

C!^0tt0tl.

Woodward &'

Stillman,

INM AN, S W ANN& Co

NBir TOBK.
LOANS MADE ON ACCEPTABLE SECURITIES.

COTTON MERCHANTS,

trmBLLL ATTIUITION to OBDKBS fob CONTKACTg
FOB FnrtJBB Deutibt o» Cottok.

&

&

and sale of

19 Sontb friUlam

&

St.

61 Stone

HAVRE,
LXHMAN, Stern &

New Orleans, La.

Selma, lOioateomerj and Neiv Tork.

&

R. Macready

COMMISSION MEBCHANTS,

BRO'S,

YORK.

CHnacH Stbeet,

OFlfICK, No. 20*

New

YoFk.

BAGS, "AWNING STRIPES.
Also, Agents

UNITED STATES BUNTING
A Xnll sopplr, all Widths and Colors, always
No. 109 Dnane Street.

CO.
In itott

Edward H.Coates& Co.,
Cotton Commission Merchants,
No. 116 CHESTNUT STREET,

PHILADELPHIA.
MAIN STREET,
NORFOLK, VA.

No. 49

SPINNBBS' ORDERS SOLICITED.

B. F.

BABCOCK&CO.

COMMISSION MEBCHANTS,

to us, or to our corres-

Sondents m Liverpuul Messrs. L. Rosenheim A
ons and A. SternA Co.: In London, Messrs. B.
Newgass & Co.

Receive consignments of Cotton and other Produce^
and execute orders at the Exchanges In Liverpool.
Represented in New York at the office of

SAM'L

:

Cottoa, Coffee, Grain and Petroleum Bought and

kinds of

CANTAS, FELTING DUCK. OAB
OOTERINO, BAGGING, RAVENS DCCK,SAni
TWINES, Ac., "ONTARIO" SEAMLESS

17 Heater Street, lilVERPOOL,

Orders executed at the Cotton Exchanges In New
York and Liverpool, and advances made on Cotton

and other produce conBigned

Co.,

OOTTON

Cotton AND Factors
UP-TOWN

COTTON EXCHANGE BUILDING,
NEW

Montgomery, Ala.

ooramissioN hierciiants,
No. 40 EXCHANGE PLACE,
UEUBXBB OF THE OOTTOlf, COFFEE A.ND
PRODUCE EXCHANQES.

Co.,

&

&c.

Lehman, Durr A Co

Co.,

LEHMAN

BUYEKS FOB AMERICAN MFLLS.

and

Manufaotnrers and Dealers tn

And aU

STOCKS, PETROLEUM,

St.,

NE\r YORK.

COUNTRY BANKERS.

COTTON SAIL DUCK

TriLLIAin STREET,

ORDERS EXECUTED IN
NEW YORK, CHICAGO, NEW ORLEANS, ST. LOUIS, LITERPOOL,

Co.,

e^^-a\:Sn

Personal attention given at the EXCHANQES to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
DEPOSITS RECEIVED— subject to check at sight

Co.,

COTTON, ORAIN,
PROVISIONS, COFFEE,

FUTURE CONTRACTS

Graham

NASSAU STREET, NEW YORK.

BRANCH o™cs { |2g 6?a";elM'.."

aocounu of

NEW YORK.

York and Liverpool.

C.
J.

T. Hatch & Sons,
BANKERS,

BAifKERS AND COMMISSION MERCHANTS,
1

Special attentioD given to the purchase

Arthur M. Hatch,

Brinckerhoft, Turner

Cotton Commission Merchants,

Ootton KxchaOKe BnildlUE, New York.

14

Henry P. Hatch.

Hatch,
T. Hatch.

interest upon batunces.
Special attention paid to INYESTMBNTS

¥ork.

Williams, Black

Robert Tannahill & Co.,

New

T.

W.

—with

New

COTTON, ALL GRADES, SUITABLE TO WANTS
OF SPINNERS
Offebes on Tibms to Sun.

In

Walter
Ifath'l

W.

16& 18 Exchange Place,

26 1^86.

HKisjceXIane^ns.

MERCHANTS,
FOBtBolldlngr,

[December

D.

BABCOCK,
New York.

88 Nassau Street,

Bold for Cosh, or carried on Uargin, on the varloos
I

In

New York

Clt7.

Henry Hentz

&

Mohr, Hanemann& Co., Bethlehem Iron Comp'y
Co.,

COMMISSION MERCHANTS, COTTON EXCHANGE
8 Sonth IVUUam St., New York.
nXBCUTB ORDERS FOR FUTURE DELIVERY

COTTON
COFFEE
NEW YORK COFFEE EXCHANGE,

NEW

YORK, LIVERPOOL AND NEW ORLEANS COTTON EXCUANOES. Also Orders for

at the

t

the

CRAKN

NEW YORK PRODUCE EXCHANGE

ttlte

the

and

AKTD PROVISIONS

CHICAGO BOARD OF TRADE.

and

&

New
BPBOIAI.

OF

ATTENTION OlVEN TO THE EXEODTIOH

ORDERS FOB FUTURE COMTRAOT8.

Hubbard, Price & Co.,
Cotton Exchange, New York,
AND

G.

Schroeder
Bnooessorsto

&

Co.,

WARE & SCHROEDER,

COMMISSION MERCHANTS,
Cotton Exchange Building,

NEIV YORK.
Orders for future deliver; of Cotton executed In
Grain and Pro-

Waw York and Liverpool also for
New York and Chicago.
;

&

Liberal advances made on Cotton consignments.
Special attention given to the sale of cotton to arrive or in transit for both foreign and domestic markets. Orders for Future Contracts executed in New
York and Liverpool.

COMMISSION MERCHANTS,

and

COTTON, GRAIN. PROVISIONS.
blocks and Petroleuiu.

Orders executed in New York, Chicago and Llvrpooi.
All grades of cotton suitable to spinners*
ants offered on favorable terms.

Geo. H.McFadden& Bro.
COTTON [UESOHANTS,
IPIIII.ADEI.PHIA.

E.r
LlTSHPOOL COBBE8POKDBNT8,

FBESEBIC] SBBEGA, *

CO.

&

Bloss,

COMMISSION MEBCHANTS,
No. 123

Co.,

eOTTON KXCHANOE, NKW YORK,

^

Cotton Brokers & Commission Merchants,

Gwathmey

TlslODS In

Rountree

&

Co.,
Price, Reid
NORFOLK, VA.

Lea McLean, New Orleans.

Jaa.

PEARL

ST.,

KEW YORK.

Orders for future delivery of Cotton executed lo

Phenix Insurance Co.
OF BROOKLYN,
OiBce, 195
statement of

Broadway, New York City
Company Id Day of Jan., 1886.

M

CASH CAPITAL

New York and Uverpooli also for
visions la New York and Chicago.

H. CL.ISRY

Grain and Pro

&

CO.,

»1,000,000
8,843.048 84

Reserve for unearned premiums
Reserve for unpaid losses
Net surplus

sH-JIx
Si
714.11)7 48
14,910,488 aa

STEPHEN

ORO'WEI.I., President.
WM. B. CROWELL, VIce-PresidenU
PHILANDER SHAW, Secretary.
GEO. H. FISKE, Assistant Secretary.
FRANCIS P. BURKE, Sec'y Local Dept.

iETNA
Company

Insurance

OF HARTFORD.
Capital
Uabllitlea (or unpaid losses
and re-lnanranoe fund

Net Burping

JOHN

New York.

York.

Cotton Brokers,

Co.,

Uverpool.

40 and 42 Wall Street,
namliattan BnlldlnK,

CORRKSPONDKNTS:
Messrs. Smith, Edwards

BVIIiDING,

2,067,776 2*
8,202,320 41

»»,aa0,096 6»

Aeeete Jan. 1, 1886

No. a Cortlandt

^000,000 00

St.,

Now York

JAS. A. AI. EXANDEB, Agent.

COTTON BUYERS,
AI.A.
PCBCBASE OKLT ON ORDEK8 FOR A COMlfnaiOH

Commercial Union

FELLOWES, JOHNSON & TILESTON,
COTTON, STOCKS, BONDS, &c.,
W WILLIAM BIREET, NEW YORK.

Assurance

nONTGOSCERY,

OlAers

In.",

rvtnres". executed at N.

Y

Cottra Bzc

Co^ limited

OF LONDOIf.
oaUt, Cmr. Pint* WiUiam,etrtclt, Jftm Tm»,

I

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The Commercial and
financial chronicle

1

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