The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
.
.
.
.
turn
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED 8TAT1S.
lEntered Booordinft to Act ot Congress, In the year 1S91, by
VOL.
Wx.
B. DA.nA
SATURDAY, DECEMBER
53.
%\xt dir0niclc.
Terin8 of Sabscrlption— Payable in Adrance:
For One Year
$10 00
For Six Months
6 00
Eunipfian Subscription (including postage)
11 50
£iin)pean Subscription Six Months (Includin); postage).
6 75
Auuual Sul)ecriptiou in London (includlug postage).... £2 8s.
Six Mo8.
A Co., In tbo omoe of the Llbrartan of Coagnm, WMhIaRtoa, D. (X|
do.
do.
do.
The Investors' Sdppieme.nt
of 160 pages
Saturdays of Jan., March,
....
i)l Os,
In comparison with the week of 1890 there is a gula io tb«
aggregate for all the clearing house* of ll'l per cent, th«
increase at New York being 18'8 per cent and th« exoeai at
all other cities 7-3 per cent.
In ratio of increaaa Lo« Aagele*
leads this week with 135-.5 per cent, and h followed bj 8t,
Paul 51*7, Minneapolis 41-5 and Des Moines SS'O per oeot.
The most important losses have been at Fort Worth, 27 per
•ent Milwaukee, 346 ; Birmingham, '23'0, and Memphis, 19-4
per cent.
is
iVuk
Cbeosicle.
The State asd City Supplement (published two or more times a
year) is also given to every annual subscriber of the Chronici-e.
New York
A file cover is furnished at 50 cents; postage on the same is 18 Sola
It!—
eente. Volumes bound for subscribers at $1 00.
Subscriptions will be continued until dctlnltely ordered stopped. The
publishers cannot be responsible for remittances unless made by drafts
•r Post Oftice money orders.
Terms of Advertising—(Per
incii space).
9 3 50 Three Months (13 timcs)..$25 00
" ).. 43 00
times).. 1100 Six Mouths
(26
" ). 18 00 Twelve Months (52 " ).. S8 00
|
(4
(8
Two Months
I
liondon Aeenta
Edwards
Smith,
t
Drapers' Gardens, E. C.,will talce sub
oripttous and advertisements, and supply single copies of the paper at
Hessrs.
<fe
1
DANA & Co., Pnbllshers,
WILLIAM B. DANA rWII.I.IAinB.
102 William Street,
YOUK.
JOHN O. FLOTD,
Post Office Box 95S.
NEW
1880.
728,geri.«i»
(HUKkt
rtaret.)
iCotUm
baia.)
biuhtU.)
(at3SS,837l
M>l<.)
(160,000)
(Grain
(Petroleum
made up by
telegraph, etc., indicates
CljeABINOB.
by TeU^rafli,
New
Yorli
Boston
PhllKlelphia
Seven cities, 8 days .
Other cities, 5 d»ys
AU
all cities,
cities, 1
day
f,J92,82«,628
fll,»"3,''t!6
36,784,882
15,884,823
8.342,0IS
81.788,000
14,68i,I07
9,e81.»ll
46,831,373
P,93i,le0
62,958,000
17.478,352
3,152,131
Baltimore
Chicago
St Louis
New Orleans
Total
$iS4.110,917
117,203.916
(583,160,476
107,494,619
5 days..
{809,616.050
tfc00,6e4,C95
,
190,811,'i23
100,118,400
$692,442,U4
+23-2
+9-1
+21
+16!l
+14-9
+19-2
-55
+18-7
+8-0
+17-2
+19-2
The
all cities
for week.
l.«w,ouo
+16-1
-14-8
880.11*
660.963
103,<73,001
106.074.349
+rt
ii2.ao\s7a
+r«
PbUitdelphli..
66,664.601
'I6.S70.1U
-1-2
I'ltisburK
U,4in,4»3
i5.iae.M.
11316,216
+U'S
a2,«88ll«>
12,701
16.066.614
-2 8
8.iia4,aM
1,769.040
8.20H385
Lowell
New
Bedford,.
New
Total
Bunland.
.
Baltimore
Washington...
Kochester
Wllmlmiton...
Syracuse
...
Peoria
Urand Rapids.
Total Middle Western.
San Pranclsco.
.
full details of clearings for
1,011,731
o:i».3o<
«l».40«
280,000
1U6,307,74«
1OI30S.4M
e73*03e
K.'Jll.OM
U.036.100
7.171,0011
0.512,883
&.a<«8.'«
6,«31,290
+ta'8
a323Al0
+27-1
I.82I.923
1.708,444
+S01
+I3-S
864.532
+ 6-8
141,180,782
120.206.672
+17^
17.IO!).«aO
I8.6M.I6t
any year
since 1886.
£zchaDge.
New York
8i«,*70
1,665,672
aiW36l
+1266
Total Paclfle.c
24,471,481
2I,9«7.71S
-yo
+7^
«.tU.0M
Denver
Dolnth
L901.<M«
1312318
I.0C3.144
662,«60
V?03S1
640314
408307
Lools
New Orleans..
LnulBTtll*
Oalveston....
Bonlton
NaahvlUe
Memphis
There
ToUlall
Stock ontaM* Me* York.
•
Not laol«d*4 ta toUl*.
+«
+&«
2t.6or.rul
-2T
+I6'«
-I*
— 8^
-M-*
-•t
4r»
+«6'«
-4-*
-73
*>,!
+171
13,416.111
6.000^000
«;460.4>7
2.4*2,07*
l,7f».770
ii3ie.Toa
"J
»t0.7«0
M*
+ 00
91,812.744
M*3*l
2.292.
+tr»
+41-6
+61-7
40.79Mt2
«,oa*.6u
ti«.4««a*i
-0-0
t43to.m>>
436<jao
-TO
tjsmjtat
+!-«
Lo* An«ele«....
Total other Western..
'
+1-8
—67
0St.u26
011.460
Minneapolis..
Paul.
+1J?
»8S
1.8-W.;56
eovering the returns for the period ending with Saturday
noon December 19, with the comparative totals in 1890.
Cbattanoo«a.
BIrmintitaam..
The exhibit of clearings for the week under review is a sat- Laxintton...
isfactory one, the total being only slightly less than in the 8ar«iuiali*....
AtlanU*
preceding week, notwithstanding the near approach of the
Total SoatbafB....
holidays.
Furthermore the current aggregate is greater than
kas been a fairly active speculation on the
+Ot
1317300
Omaha
-«r*
+UI
—14-«
II0»,2.V*
8,7a«.61«
6,600,600
4.122.180
l,litl3»t
+19-7
-1-4
+«
City..
+'»
+*r»
1.II02,«74
Dallas
Knrt Worth...
Norfolk
for the corresponding period in
7723*1
1.813.420
St.
1,8*0,
1.431,7*0
+2S-*
caimot, of Topeka
them to-day, bank clearings being made up by
the Tarious clearing houses at ncwn on Saturday, and hence In
the above the last twenty-four hours of the week have to be
ki all cases estimated, as we go to press Friday night. Below
are our usual detailed figures for the previous week, that is
9.000.—
-ii-j
+7-7
Portland
Kansas
3M
-rs
Salt Lake Citr..
Seattle
Tacoma
+l-«
7,>.aes.i>74
7.867,4:7
6.801,106
8,714,700
3,714.700
2,004,063
006,218
+«-•
+1»«
1(M,518,S»
Lincoln
eourse, furnish
-f6t
+1»T)
^^ ^
6.1168300
»7,514.1S'
f83G,7!'0.195
We
lS.(>lS.6.t«
8a».660
St.
aiwye statement wUl be given next Saturday.
1.1M,7I8
1.487.0S1
1,471.336
01 2.460
1,415,.132
+ 17-6 SlonxCltr....
Des Moines...
the week covered by the WIcblU
$1.0CO 457,773
*•
+110
- 02
Worcester....
Portland
St. Joseph....
Total
»7,717.n8
l+O-TJ
1.281,007
747.STS
431.463
New UsT*a
8Drln«11«l<l.
ludiaaapolts...
Per Vent.
1890.
1891.
(J16.006)
+tt
(-07 0»
+ 3-0
('leveland
Rttumt
+U8 TSMMJM
(»01,tl8) (+631
(317,000) (f)0»4)
(13,791350) l+etfl)
(671,000) (-77-7)
II.
P.OaM.
-r-6
+7-7
4^-3
-0-t
Colambas
26.
*iU> Du.
Uti.
6,1S6,IM0
1.79e,S«7
1.S16.721
1,S40,»4W
Blnjibamton...
TTm* BtuHnj OfcimbcT
ai0,71i.<81
CtM
91.gM.401
Usrtfuril
bank clearings of all the clearing houses of the
Total Middle..
United States for the week ending to-day, Dacember 36, have
ChlcaRO...
-^^^
been $1,000,457,773, against $1,313,399,434. last week and Cincinnati.
Milwaukee
•,780,495 the corresponding week last year.
Oetrolt
that the total
(1.470,000)
(Bll.700)
p.
•4,050.002
5.726,400
l,S3S.80O
1.3«0.<21
1,2S1.0IS
l,aSl,09S
l,l«l.3i3
8fl0.6M
se-.sto
Boston
Providence
Hutfalo
CLEARING HOUSE RETURNS.
Tlie following table,
1.383.
;
issned every other
May, July, Sept. and
Bontb, on the la.st
Nov., and furnished without extra charge to all subscribers of the
Onetime
One Month
NO.
26, 1891.
4M0M21
+18-*
—T»
-t*
-8-2
+ 10^
-10-7
*.<tufa
T»43n
^(.OuO
401341
-i»i
»a>3l'>
4iM.«m
(mTm
tJ4MII
1,I(>I.|U
003T4.04I
6J3*1>*>8
LWyMLW
_+iri ,ft23*t.WI
SBSmiSi
lifi
a
THE CHRONICLE.
948
[Vol. Lni.
during the week, although
demand which is so
prime
names
are promptly absorbed. Quourgent
that
CITY
state"
tations are 4| per cent for sixty to ninety day endorsed
See pages 978, 979. 980 for our State and City Depart- bills receivable 5 to
5^ for four months commission
ment to-day.
house names and 5| to 6 for good single names having
from four to six months to run.
FINANCIAL SITUATION.
Advices from the Continental financial centres of
exchange
Europe
are of a more satisfactory character.
The
foreign
for
The decline in the rates
official
indicated
cable
reports
a
conflict
between
the
brokers
of
occasions
previous
on
movement we have
the
the
Paris
Bourse
and
the
dealers
in
the
open
market.
meet
provision
made
to
was
as
soon
as
would occur
engagements maturing at and about the end of the year The latter, it is stated, are very numerous they do
Other than business cheaper, and now even threaten to boycott firms
has been in rapid progress this week.
Report
that no event of importance affecting our markets has having transactions with the official brokers.
transpired except we may so speak of the dividends on says that the dealers in the open market will eventually
the Vanderbilt roads,^which however were anticipated succeed, but meanwhile business on the Bourse will be
and discounted some time since, and which we have re- restricted. Discounts in London have become dearer
marked upon in a subsequent article. Keports as to this week, because of withdrawals of gold for Germany
the crop condition have improved in some measure, the and the decline of sterling exchange in New York; the
rain and the mild weather having given the winter rate for sixty to ninety day bank bills is quoted by cable
was
THE
in little better supply
not sufficient fully to meet the
B£fM^TM£TJT.
AWD
;
THE
—
;
—
•wheat
claimed
new and favorable start that it
now with a good covering
such a
the
plant
is
at 2^ per cent firm.
of
as is usual at the
Continental money
end of the year.
At
is
also higher,
Paris the open
rate is 2f, at Berlin it is 3^ and at
Frankfort 3^ per cent. The Bank of England lost
£222,000 bullion during the week. This, as we are
advised by special cable to us, was due to the export of
speedy recovery can hardly be anticipated with (he great £637,000 (£565,000 to Germany, £60,000 to the Argenstaple of the South selling at the ruinously low prices tine Republic and the remainder not reported), to an
which prevail. In the meantime, however, the pro- import of £81,000 from Portugal and to receipts from
ducers of another and a larger section are making money the interior of Great Britain of £334,000. The Bank
rapidly, and so are the railroads tributary to that sec- of Germany shows an increase of about £126,000 gold
tion ; and these farmers and carriers are sources of in- since the last return, and the Bank of France reports a
snow would go
into winter quarters in quite a hopeful
market discount
General business has not improved materially,
but improvement could not be expected until after the
holidays, and even then progress is likely to be slow. A
state.
seem must bec'ome gain
of £96,000 of the same metal.
Foreign exchange has fallen off sharply this week,
The though on Thursday the close was 6rmer, particularly
fact that the week's business on the Stock Exchange for short cables, owing to the higher rates of discount
closed on Thursday afternoon and that provision had in the open market at London. The inquiry for remitto be made for loans to extend over until Monday, ac- tances for interest due January 1, appears to have been
counts in part for the increased demand. But besides satisfied and the demand for the settlement of mercan-
dustrial activity
which
it
would
manifest in the early months of the coming year.
Money has been a little more active this week.
has been light, while arbitrage and commerhave been more freely offered. Compared
with Friday of last week the market opened on Monday at a decline of half a cent per pound sterling,
Brown Bros, posting 4 83 for long and 4 85 for short.
Baring, Magoun & Co. 4 83^ for the former and
4 851^ for the latter, and the Canadian banks opening
that there has been an augmented inquiry on'account
tile credits
amount of business at advancing prices in
the stock market, and possibly some little disturbance
of loans preparatory to the first of January payments.
Most of this new demand, however, is extremely
The new year must open on a very
temporary.
easy money market, for the banks are well supplied
with money, and unless business starts up are likely to
increase their surplus reserve for some weeks yet. Last
cial
Tuesday
Brown
Saturday the surplus reserve reached $19,161,500,
though the five larger banks held only $7,544,000,
while there was an expansion of $4,845,100 in loans.
This shows not only that all the institutions are well
supplied with funds, but also that they are successfully
seeking employment for their money.
It is a fact
worthy of note in connection with the statement of
Bros, reduced the long rate to 4 82|, leaving
short at
of the larger
bills
these
at
day
and
figures
4 85
for
and
falling
sight.
to
Oif
4 83
for
60-
4 85, and on the following day they reduced long to
4 82 and short to 4 84^, while the Bank of Montreal
lowered the sixty day rate to 4 82^ ; Baring, Magoun
&
Co. on that day dropped long to 4 83 and short to
4 85, and on Thursday quoted long at 4 82^. The nominal rates closed 4 83 to 4 83 for sixty day and 4 84^ to
last week that the loans, the specie and the deposits 4 85 for sight.
Rates for actual business were 4 81^
were last Saturday at the maximum of the year, while to 4 82 for long; 4 83| to 4 84 for short; 4 84^ to
the surplus reserve was within $4,928,275 of the high- 4 84f for cable transfers; 4 80^ to 4 80J for prime and
est, that total standing January 24th 1891 at $24,- 4 80 to 4
80i for documentary commercial sterling.
089,775.
The Britannic arrived on Sunday with $250,000 gold
Money on call, as represented by bankers' balances, for Heidelbach, Ickelheimer & Co., and $50,000 for L.
has loaned this week at 4| and at 2 per cent, averaging Von Hoffman & Co. ; the La Gascogne arrived on Monfully 3 per cent, at which renewals were made ; banks day with $365,000 for Lazard Freres and $200,000 came
and trust companies quote 3 per cent as the minimum, in on Thursday from Havana to Muller, Schall & Co.,
some however obtaining 4. There was a better demand making the total for the week $865,000. By telegraph
for time loans but the offerings were abundant quota- from AVashington we learn that the report of the Bureau
tions on good Stock Exchange collateral were 4 per of Statistics on foreign commerce for the month of No;
cent for thirty to sixty days and 4J to 5 per cent for vember, 1891, has just been issued, and shows the
three to six months.
Commercial paper of first-class total value of imports to be $64,588,619, while the
—
Dkckuber
THE CHRONICLE
3A, 18U1.]
Taluo of exports for
November was $110,100,220,
leav-
ing a not balance in favor of the United Slates on the
merchandise movement of that month in the remarkable sum of 45^ million dollars.
We commented last week on the large merchandise
exports—largo beyond precedent. One additional fact
bearing on the breadstuffs shipments and which has not
yet attracted attention deserves bringing out.
It seems
from the reports of the Bureau of Statistics that in the
months
five
first
of the
current
year
fiscal
—that
is,
have
949
m
added
m
mnoh
1181,124 to tb«ir grom
gain on tho combined
system of 12 1 5, 083. The Kaatern lyittm agsi n ihowt
•
heavy augmentation in expente* (I210,6l9 in arooant),
presumably because in view of the good entlook the
company is spending very large amoonta for renewal*,
making
receipt*,
&c., as
toUl
custom at such times.
is its
In any event,
m*
result of tho increase in expenses, net earnings
raoord
a falling off of •176,761.
On the Western lines,
how-
ever, the result
different, for there
the increase in
earnings has been attended by a slight decrease in expense, thus affording a gain in net of 1219,562. Below
is
from the beginning of July to the end of November
the shipments of wheat and flour from the United
States amounted to about as much as for the whole of we give our usual statement comp.iring
the earning] of
either of the two fiscal years preceding.
In the twelve the Eastern lines for a series of years. It will be obmonths ending June 30 1891 the exports of wheat and served that while the gain in gross for November
1891
flour were a little over 106 million bushels and in the has not been largo, it follows considerable
gains in all
twelve months ending June 30 1890 we sent out 109 mil- the years preceding.
lion bushels.
But already for the five months of the curLINM BAR or
tan.
18W.
ISS7.
rent fiscal year the export has been
102,353,630 bushels,
these figures embracing the shipments from the ports
included in the preliminary statement of exports. The
ports not included in the preliminary return are not
very important, and yet
add
several
gate close
to,
we may suppose
that they will
millions to the total, bringing the aggre-
PrmuuHO.
November.
GrouearnlDCB..
N«t ••nUoc*...
of the late fiscal year,
s
84M.6W
1,»S0,874
I
«
MM.Bao 4.SM.tM
«.6»4,7M s.«saj«7
S,7S3,831 8,t«S.tM
«J4TJU
8,T»T.M1
«.wr,06T 1.S7S.8N
1,73«.SO0
U7a.7»T i.M«4M^
umju
Jan, 1 to Nov. 80.
OroM eamlnxs
81.SS0.010
«03M.W» MOUOSl 6M«S.gM 80.778,850 It.MOJM
Opent'K ezpeoM*. il.nS,8S« 4I.S71.M4 <7,IW,778
not above, the aggregate for the whole
if
S
Opent'K ezpeiiMfl.
Net eemtiun
1»,9I«,688
U.e86,M6
83.718,017 88.878.517ltSjeB.81S
18,758.408 I7.44S.0;8
ITMiJMiuMijm
which as stated was 106 million
in the five
As against the 102,353,630 bushels shipped
months of 1891, the shipments in the corresponding five months of 1890 were only 36,016,333
of the Eastern lines are 1291,093 ahead of the total for
bushels, showing an increase of over 66 million bushels.
in expenses, there
For the eleven months
bushels.
And
the most gratifying feature
is
that the ship-
On
1890.
November 30
to
net earnings
the Western lines, owing to a great saving
improvement
as
is a gain of 1789,265, making a total
compared with the eleven months of
still going on at the same rate.
We have 1890 of 11,080,358.
Very few other leading roads have yet furnished retaken the trouble to make up the figures for the first
The Central of New Jersey
three weeks of December from the statements prepared turns for November.
by the New York Produce Exchange, and they show reports a decrease of $9,822 in gross receipts for the
For
that the outward movement continues unchecked, month and a decrease of $62,596 in net receipts.
ments are
anything heavier than in the weeks immediaAccording to these figures the exports
from the Atlantic seaboard in each of the last two
weeks have been over five million bushels, while in the
week ending December 5 the shipments were 3f
million bushels.
The following compares the movement for the three weeks this year with that for the
three weeks last year.
WHEAT AND FLOUB BXPOBT8 FBOK ATLANTIC SBABOARD.
being
if
tely preceding.
Wheat,
^nMng—
bush.
Deo. 5
'•
12
" l»
2,409,481
Flour,
bbb.
883.001
353,058
388,977
3.482,l«l
8,875,867
Total,
Wheat.
bush,
bbls.
bush.
400,729 194,417
487,514 169,417
442,358 261,884
3,fl91.986
5,080,413
5,017,284
Ftotir.
lotal.
bmh.
1,275,806
1,219,890
1,680,836
The Baltimore & Ohio figures for Novemwe published last week. They showed a loss of
$179,091.
ber
$26,286 in net on the lines East of the Ohio, and
gain of $44,649 on the lines West of the Ohio.
The Nashville Chattanooga & St. Louis retam in-
a
cludes the operations of the Western
present year but not last year
$174,015, against $134,594
&
—1891
Week
the eleven months gross has increased $559,530 and net
;
;
&
Atlantic the
the net on that basis
is
the rental of the Western
The ChiNorthwestern, which reports only gross receipts
in its statement shows a gain of $253,890 for the month.
For the Cape Fear & Yadkin Valley net for November
Atlantic figures out $35,000 per month.
cago
&
$19,138 ; for the Jacksonville
West, $29,779, against $13,753 ; the
13,775,662 bushels against only 4,146,331 bushels West Virginia Central & Pilfsburg, $31,536, against
the Pittsburg Yonngstown & Ashtabula
in the three weeks of 1890, being a gain for this period $30,695 ;
against
$31,707 and the San Francisoo &
of over 9 million bushels.
Of course with the move- $33,883,
ToUl
9,187,509
Thus
in the three
1,024,034
13.775,68r
1,330,601
623,718
4,146,331
is
$21,165,
weeks of 1891 the shipments were Tampa
against
& Key
;
ment from the
Pacific
Coast included we would have
North
Pacific $30,483, against $21,136.
The Northern Pacific has given out its statement of
larger totals to deal with.
In a separate article on another page we review the earnings, charges, etc., for tho month of October. In
returns issued this week by the Lake Shore, the Michi- view of the interest attaching to the company's affairs,
gan Central and the Canada Southern. The Pennsyl- the statement will be closely studied. On the Northvania statement for the month of November has also ern Pacific and Wisconsin Central combined gross earncome to hand this week, and it reflects rather more ings increased about $40,000, bat net earnings fell off
moderate gains than had been expected. On the Eastern about $56,000, owing to an augmentation in expenses.
lines the increase in gross earnings is only $34,858. Miscellaneous net income however was $103,702, agminit
Considering what a heavy grain traffic the road must only $23,860. Charges were heavier than in 1890, and
still
have had, this small addition seems rather surprising,
but doubtless the inactivity of trade which prevailed
tended to reduce the general merchandise traffic of the
system.
On the Western lines the eflfects of the
large
crops
are
plainly
apparent,
for
these
after allowing
for
the same the surplus stands at
For the four months to
$536,462 against $624,348.
October 31 the results indicate pretty general improvement over a year ago. The following gives tho figana
lines both for the month and the fonr months.
THE riHRONKLE.
950
NORTBEBl? PACIFIC AND WIBCONSIN CENTRAL.
^July
October.
,
1 to Oct. 31.-
t
(
11,701,836 11,608,33
6,682,111
6,716,971
$
$
Grow earn lugs....
3,i99,S80
OperaUng expenses
1,902,134
3,*69,S81
1,806,075
Net earnings
1,597,846
1,658,806
4,885,864
103,702
28,860
463,669
131,883
1,677,066
1,053,318
5,418,933
6,138,108
4,317,661
4,037.675
Miscellaneous income
Net income
Fixed cljerges
1,700,947
1,164,485
AjY
1890.
1891.
1890.
1891.
5,016,22-'
[Vol. UIl,
AMERICAN VIEW OF MR. GOSGHEN'S
CURRENCY PROPOSAL.
In a subsequent column we publish a letter written
by Mr. Goschen to the Governor of the Bank of England
on December 3rd, the day after his address was made
at Merchant Taylor's Hall.
As the letter is merely
a re-statement in a brief form of his currency proposal
of the previous day it will be found convenient as a
summary
The silver
we see finds no place in the letter. This
omission no doubt affords a true measure of Mr, Goswill be seen, is $1,131,272 in 1891, and $1,000,533 in
chen's own view of its importance.
Indeed we are in1890.
upon
the
clined
to
look
offer
of
such
a tiny bait for so
A strong tone has characterized the dealings on the
big
fish
more
as
a
half
humorous
rather
than as a
a
generStock Exchange this week, and prices have pretty
1,000,683
months,
for the four
The balance above charges
ally
1,131,272
624,348
536,462
gurplna
it
Transactions from day to day have been
advanced.
on a large scale, and
has been steadily widening. Even the Gould stocks
and the Villard properties, which had lagged behind
previously, have evinced strength and scored decided
But the commanding feature has been the
advances.
rise in New York Central, that stock on Thursday
The dividends on Lake Shore, Michitouching 119f
gan Central and Canada Southern, while not as high as
predicted by some, seem not to have caused any disappointment. The bond market has continued to give
evidence of an increasing demand both on speculative
and investment account, and all the better class issues,
.
as well as
those subject to speculative influences like
the Reading incomes, the
Ac, have
made to
Richmond Terminal bonds,
Efforts have been
displayed great strength.
depress the anthracite coal properties, but
they did not
The
much.
avail
close
of the mar-
yesterday was at nearly the best figures of the
ket
week.
The
following statement,
made up from
collected by us, shows the week's receipts
of currency and gold by the
Week Endint
Dec. 24, 1891.
Total gold and legal tenders
New York
Raeived l>i/ Shipped bv
N.r. Bankt. ST. r. Banks.
Bnb-Treaa. oper. and gold imports..
Total gold and legal tenders
Net Interior
Movement,
$3,581,000
700,000
$2,950,000 Gain.
900,000 Losa.
$631,000
200,000
$4,231,00(1
$3,850,000 Gain.
$431,000
Into
Banks.
24, 1391.
Ban&s' Interior muvement, as above
returns
and shipments
banks.
With the Sub-Treasury operations
imports the result is as follows.
Week Endins Dec.
$4,281,000
13,500,000
and the gold
Oat of
Net Cluinte (n
Bankt.
Sank Holdingt.
$3,850,000 aain. $431,000
11,700,000 Gain. 1.830,000
$17,781,000 $15,550,00O;Gllln $2, '231.000
The following table indicates the amount of bullion
in the principal European banks this week, and at the
corresponding date
wholly serious proposal.
With
speculative activity
the circle of
last year.
of that portion of his remarks.
suggestion
needful,
respect to Mr. Goschen's financial scheme,
if
mind what
one would judge fairly of
it,
it is
to keep in
that the Government is attempting to
Mr. Goschen rejects the idea that the pur
pose in contemplation is to provide a smiller note system for Great Britain. It is by no means evident that
the country has asked for small notes or will evea use
the machinery he is about to devise for that purpose
after it has been set up.
Nor is his only object to
accumulate in the Bank of England a larger amount of
gold.
That will be the upshot of the £l-note scheme
if it is operative, but it is only one of the ends sought.
Beyond these results, which belong wholly to the working out of one portion of his plan, Mr. Goschen has a
much broader purpose or motive for his suggestions.
He disclosed that purpose more at length in his Leeds
address when he stated the object he had in view was
the comprehensive one of strengthening the monetary
system of Great Britain.
To correctly appreciate, then, what is the system the
Government has in contemplation, one must make the
Leeds address and its proposals the ba?i3 of a considerThat Ljeds maeting, it
ation of the present proposal.
will be remembered, occurred shortly after the Baring
crisis, when the joint-stock bank reserves were proved to
be so insufficient, and when the Bank of England found
it necessary to fortify its bullion holdings by borrowing
4^ millions sterling of the Bank of France and the
Imperial Bank of Russia.
These circumstances,
indicating that too small reserves wis the .sign
of danger on that occasion, have encouraged a conclusion
which many have adopted, that the exjjectation now is
On the conto cure that defect by the i;l-note devic?.
trary, Mr. Goschen at the opening of his aJdross in
Merchant Taylor's Hill sets out very clearly that he
it is
accomplish.
Ha says that in his speech at
Leeds he " touched on two points one was the expediency of larger reserves being held in the banks, and
" the other was the expediency of a larger stock of
" gold being secured as a central store." Public interest, he adds, has since then been aroused to the neceshas no such thought.
—
'•'
Secember
Bank of
Xngland.
France
German;*..
AMt.-Hun'r.
Hatlierlands..
Nat. B'lgiuro*
24, 1890.
SUver.
TotaL
Oold.
SUver.
S
S
a
S
S
24.193,405
23,338.127
23.336,137
46.040.000 49,848.000
26,050,000 13,025,000
94.8f8.-.
24,193.405
..
December
24, 1891.
Oold.
53,562,407 50,265,354 103,827,761
36,042,250 11,680,750 46,72'J.OOO
6,468,000 46.632.000 22,125,000
8,4S2,()0<)
6.449.000
9,881,000
S,783,333 1,394,807
4.181,000
4,917,000 16,563,000
3,245,000 6.440.000
2,725,000
1.363.000
Total.
S
39,075,000
21.483,0Uj
8,685.000
4.088.000
Tot.thlaweeli 124,482,395 86,451,771 210.934,186 105,315,127 86.242.003 191.557,127
Tot, preT. w'k lJ4,l)37,6ai f)6.297,39,t 2l0.8i'i.034 10 i,02a,707 83.083.333 192.113, 40
•The dtvlslon (between gold and stiver) given In our table of com and
bOlUon In ihe Bank of Germany and the Bank of Belgium la made from
tbebest estimate we are able to obtain; In neither case la It claimed to
be aoourate, as those banka make no dlatluoilon In their vf eekly returns
merely reporting the total gold and silver, but we boUeve the dlrlRloii
Te make la a close approximation.
HOTB.— We reonlvetheforogolngresalta weekly byoable, and while no
Uof
the date <iveQ at the head of the column, they are the
retuTDg
UMied neareat to that date-that la. the latest reported flgures.
sity of considerable reserves and of the publication of the
accounts of the joint-stock banks showing those reserves.
Hence for the time being, so far as that feature of his
plan is concerned he rests on this aroused public senti-
ment and on the movement of the joint-stock banks,
already begun, to correct their methods then he asks
his audience on the present occasion to listen to what
;
—
he had to say on the second of these two subjects
the " expediency of a larger stock of gold being
^'
secured as a central store."'
Here, as will be noticed, there
of reserves
;
is
no specific mention
made does no
furthermore, the provision
1
—
bECEHBEB
THE CIIKONICLE.
36, 1891.)
partake of the character of a cash reserre; indeed
it is simply a larger stock of gold for a central store
that is sought.
Evidently reference is had to an
accumulation of a
little different
Mr.
'
951
Ooiohea
ouy potdblr raqoM
oletrly iodlostM
further legislation.
Wo
refer to Iho ni»tt«r here only
add that in any event the ouro for thi< woaknMi
must bo looked for, and is provided by the propoealfl
con- made, outside of the Bank of England and outtide tbia
to
character, for a little
purpose, and suggested by different
from the ordinary gold accumulation in bank. "central store" of gold.
Starting then with that as the aim of this ill-note
THE REPORTS OF
scheme, do not many of the objections raised to the
different
ditions
proposal lose their force
?
To
THE VAXDERIifLT
WESTER y ROADS.
be sure the accumulation
suggested does not accord with and answer all the
The significant fact in the statements for IftDl nubcharacteristics and objects of a reserve, but that is mitted this week by the Vanderbilt Western roads
only because it would be difficult, and for obvious Lake Shore, Michigan Central and Canada Sonthom
reasons, to formulate a suitable plan on that basis. And is that in a year the first half at least of which oorered
yet is it not in itself extremely needful that the a period of decidedly adverse conditions these roads
amount of gold constantly in sight in Great Britain have managed to do better even than in the year preshould be raised ? Has not the accumulation by the ceding, increasing both their gross and their net earnBank of France and by the Bank of Germany m?ide ings. As the year 1890 was a year of considerable
that essential ? Does not England's stock of gold look prosperity, such a result mnst be regarded as in the
much
much
much
smaller than
smaller than
it
it
once did, and is it not relatively highest degree satisfactory, and of coarse reflects credit
was when its neighbors held so on those in control of the properties. It also indicates
than they now do, and when a disturbance of
was not so often in large part a mere
sentiment ? In fact, has not the trade of Great Britain
frequently, and sometimes for a considerable period,
been kept in a half feverish state just because of gold
withdrawals when nothing in the condition of its trade
justified the least anxiety? What would have happened
a year ago had not that 4^ millions sterling been
borrowed by the Bank of England from the Bank of
France and from Eussia ? Yet that gold could hardly be
said to have done more for the moment than to satisfy
a sentiment. It did not come to stay. It was even
known at the time to be a mere loan which must be repaid soon and in kind. And yet it certainly had a
large share in producing the quieter feeling which at
once prevailed and the recovery which followed.
The important fact is that all the Bank of Eugland
needs in any crisis is time to be able to recover itself.
Its position is such with reference to other countries
that in an emergency it can so far control the world's exchanges as to speedily replenish its reserves. And yet
hitherto its holdings of gold have been so small as to
permit of far too little time for deliberate action, and
less
credit
the strong position held by the properties, and the
great diversification of their
traffic, under which a loss
overcome by gains in other directions
As the roads form parts of important trunk lines
between the Great Lakes andthe Atlantic seaboard, they
had of course the advantage of an exceptionally heavy
grain movement in the more recent months.
On the
other hand, daring the first six months the grain movement was very light and much below that of the first
six months of 1890.
This appears very clearly from an
examination of the official statistics. For the period
tfoia January 1 to July 4 the so-called " seaboard re-
in one direction
is
ceipts," according to the figures of the
New York Prod-
uce Exchange, reached only 59,842,109 bushels in 1891,
against 124,816,911
amounting
bushels in
1890,
—equal
to 65 million bushels
the
loss
thus
we may sup-
pose to a falling off of fully 1^ million tons of freight.
Such however was the increase during the last half of
the year that at latest dates the seaboard
from January
previous
year,
with
million barrels in the
are useful in
movement
ahead of the
a further excess of about two
These figures
receipts of flour.
distinctly the contrast between
second half of 1891 as far as ths
1 stood 18 million bushels
showing
consequently to have been the source of so much anx- the first half and the
iety as to present a constant menace not only to Great grain movement has been an influence in affecting railWe are road traffic. Of course when wo consider simply the
Britain's trade but to the trade of the world.
not in a position to know whether this plan of Mr. movement over the lines between Buffalo and Chicago,
Gosclien's is feasible, but if it is, that it will be effectual it is not possible to say definitely whether the gains in
extingnished
in correcting much in the present situation which is this case for the last six months entirely
during
the summer
months,
as
six
first
of
the
the
losses
everyand
here
interests
Tcry harmful to industrial
where, we can have no doubt.
IS
the
not wholly
objections,
that the gold to
amount of grain comes East by the Lake route ;
any event the gain must have gone a great way to
offset the early loss, even if it did not actually over-
Of course the plan a
The chief among
we conceive them to be, IS
as
be accumulated in the Bank of Engunobjectionable.
large
in
balance
it.
But there were other influences of an unfavorable
land will be drawn from the interior of Great Britain ;
affecting railroad operations and railroad
character
that is to say, the central stock will be replenished by
during
the first six months aside from th«
results
it
putting
depleting the stock held by the people and
movement; some indeed continued
grain
smaller
the
course
Of
where it can be more easily exported.
It will be sufficient
the year.
all
through
prominent
exportbe
can
gold
five millions sterling not covered by
lightly on thew, since they have been ruf.rred
ed, but the balance, as Mr. Goschen well says, will be to touch
Every one knows
in our columns.
represented by £1 not.^s scattered all over Great Biitiin to many times
have
not bet-n active^
in
1891
business
and cannot be gathered up for redemption except slow- that trade and
the financial
and
<)f
1890
crops
poor
the
following
that
ly and in the course of trade.
quietuda
and
dulness
autumn,
the
of
disturbances
It was not our purpose however to take up this matcomplaints
enter at developed, and that even at the present time
That would require us also to
T!i«* >ita»unsatisfactory trade are not uncommon.
length upon the other branch of Mr. Goschen's pro- of
thut of
from
The sit- tion in this respeet wiis totally different
posals, the nserves of the joint-stock banks.
prfvailed.
activity
preceding, when extreme
uation in this latter particular involves a difficulty the year
part ef 1691, also, the dcpresuon in *
early
the
In
adjustment.
of
process
Vhich, though believed to be in
ter in detail.
—
THE CHRONICLE.
952
[Vol. LUI.
The increase in the gross comes
of $161,922 in net.
diminished shipments of coal, ore, after an increase of about $1,400,000 in each of the two
Not so the net, however. During
iron &c., the Oonnellsville coke strike tending to make years preceding.
gross has risen from 118,029,627 to
the
last
three
years
pronounced.
the depression and falling oil especially
from $6,719,256 to $6,807,200,
net
only
roads,
all
the
$21,460,000;
with
Coal of course is an item of traffic
in
the
large
expenditures
traffic
to
in the purchase of
heavy
owing
also
has
a
least
and the Lake Shore at
iron trade was very severe, production falling off heavily,
and
this leading to
The folFortunately, however, an increasing popula- equipment, &c., already enumerated above.
it increasing wants, which must be lowing presents a summary of the yearly results on the
dull times, and fortunately also Lake Shore back to 1870.
LAKE BHOKE 4 MICHIGAN SOUTHERN'S INCOME.
the situation as regards railroad rates was pretty generally satisfactory all through the year.
Dividetiis per Share
Optrating
Oross
Net
tiaeed
Ytam.
0] $100.
The outcome is the largest gross earnings, both for
Earnings. Expenses Earnings.
Charges.
iron ore.
tion brings with
supplied even in
the Lake Shore and the Michigan Central, in the history of those companies. The dividends declared, while
not coming up to the extreme estimates made in ultraspeculative circles, meet conservative expectations.
Stockholders in the Michigan Central are given 1^ per
cent extra and those in the Canada Southern a half per
cent extra. In the two years preceding, the extra dividend on Michigan Central was only one per cent, so that
there is in this case an increase in the distribution of a
half per cent, giving a larger aggregate than the stockholders have had in any year for just about a decade
4 per cent,
for
1891 (or
the
total
cent
makes
the extra of 1^ per
per
cent,
earnings)
the
1891
total
out
of
the
rather
5^
this comparing with 6 per cent for 1890 and for 1889,
that
is
to say, as the regular dividend
and smaller amounts in
all
is
the previous years back to
and Taxes.
$
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
13.609,236
9.779.806
5,118,043
2,121,161
11.839.528
6,860,409
2,201,459
13.748.598
6,667,911
2,864,660
17,146,131
11.152.371
6,993,760
3,008,193
14,434,199
10,631,601
3,902,698
13,919,177
9,574,838
4,374,341
2,759,989
13,606,159
8,963,988
4,641,193
2,775,657
13.979,766
8,486,801
6,493,186
2,718,792
15,271,492
8,934,624
8,338,968
2,754,988
18,749,461
10,418,106
11,278,429
8,331,356
2,750,374
6,692,982
11,057,807
11,001,854
7,187,832
7,611,802
2,726,375
3,027,000
9,133,522
5,710,062
3,720,670
9,287,537
18,613,656
14,813,584
14,133,506
1884.
1885
1888
1887
1888
1889
1890
1881*
14.898,449
17,971,391
.
...
6,140,415
t
1,838,897
17,099.935
19.414,509
18,225,639
.
PoW.
Earned.
t
«
8.368.821
2,810,294
3,498,806
(
%
9 60
8 37
8 55
8 10
6 04
2 20
3 28
8 57
6 61
7 24
11 28
8 02
8 37
8 11
4 02
8 00
8 00
80O
400
326
2 00
3 25
2 OO
4 00
8 50
8 00
8 00
800
8 00
6 00
15,859,455
9,731,622
4,846,969
6,127,833
8,887,460
3,712,978
198
488
18,710,963
11,029,798
7,681,166
3,649,846
8 15
4
18,029,627
11,310,371
6,719,266
3,008,891
10,487,196
12,847,461
6,639,745
20.805.760
21.16C.000
14,220,481
14,652,800
6,6)6,279
3,844,735
6.807,200
3,340,000
6 29
6 50
6 67
7 01
6
6
6
8
3,423,480
2 00
00
00
00
00
00
•ParUy estimated.
The extra of a half per cent on the Canada
From the figures for the year and the quarterly reSouthern give the holders in that road 3 per cent for turns to the New York Railroad Commissioners, we
Last year no extra dividend was have undertaken to work out the results for the last
the twelve months.
paid ; the year before, one per cent. Lake Shore pays quarter of the year as estimated by the company's oflBone per cent extra in addition to the regular five per cials. It is interesting to have these results, as they
1881.
making
same as for 1890, show us the course of earnings at the close of the
amount was distributed in twelve months and thus afford an indication of what
different instalments, the regular dividend for the first may be expected for the early months of the new year.
half of that year having been on a 4 per cent basis.
Then, too, in connection with the results for the SepExamining now the income statements of the respect- tember quarter they serve to bring out the differences
ive roads we find that the Lake Shore, while paying 6 per between the first and the second half of the year under
cent,
though
for the
6
year, the
in the latter case the
7 per cent (7'01 per cent). the difference in conditions above alluded to.
It seems
does this quite express the favorable situation of that gross earnings for the December quarter in 1891
the property.
The return tells us that expenses in- are estimated at $6,029,555, against $5,676,837 in the
cent, actually earned over
Nor
clude all expenditures for the year, that nothing has corresponding quarter of 1890, while net earnings (bebeen charged to construction or equipment since 1883. fore deducting taxes) are estimated at $2,239,660,
What this means appears from the further statement against $2,150,980. In the September quarter gross
that the outlays in 1891 for new equipment (in excess was $5,880,398 against $5,265,073, and net $1,873,502
of amounts spent for maintenance and renewals) against $1,775,910.
The two quarters combined reflect
reached $320,000, while $1,010,000 more was spent in an increase in gross of nearly a million dollars and an
providing additional second track, sidings, heavier increase in net of $186,000. In both cases the amount
bridges and
reducing grades, making 1^ mil- is larger than the increase above for the twelve months,
items which by most roads thus emphasizing the fact of a decrease in the first six
are charged to capital account.
If therefore the months.
1890.
1889.
1991.
1888.
1887.
Lake Shore had followed the customary practice
Lake Shore.
in that respect, the balance
remaining for the
t
I
Quarter fnding Sept, 80—
f
$
»
5.880.398 6.265.078 6.161,910 4.880.860 4.858.815
stock would have been larger in just that amount. Gross earnings
4.006,896 3,489.183 8,056.997 2,811,172 2.583.826
Operating expenses*
In a word, in that case the statement would show
1,673,502 1,775,010 2,104,913 1,839,678 2,274,989
Net earnings
lion
dollars
in
spent on
instead of 7'01 per cent earned on the stock nearly 10
per cent earned. The Michigan Central, while paying
per cent, shows by its statement over 6^ per
cent (6-57 per cent) earned.
The Canada Southern is
not an operating company, and simply receives the
portion of the combined net earnings of its lines and
the Michigan Central to which it is entitled, and the
5^
amount
so received is usually paid out in full to the
stockholders.
For 1891
total
net income
$459,000,
while the regular 2i per cent dividends, together with
the half per cent extra, call for $450,000.
As compared with 1890 the 1891 earnings of the
Lake Shore record an increase of $594,241 in gross and
is
Quarter erfting Dec. SiGross earnings
Operating expenses"
.
0.029.566
3,789,895
6,870,837 6,495,590 4,080,879
8,525,857 3,591,816 2.872.754
5,207,811
3.141.677
2.239,660 2.160,980 1,904,274 1,808,125 2.066,234
Net earnings
Half-]jear ending Dec. Si11.909,963 10,941,910 10,857,500 9,861,720 10.068.626
Gross earnings
...7.790.791 7.015,020 6,818,313 6.083.926 6.726.403
Operating expenses*
Net earnings
*
Not Including
4.113,10*
3,926,890
4,009,187
3,677,803
4,841,293
taxes.
The Michigan
Central in
its
statement for the
first
months reported an increase of $123,000 in gross
earnings and a decrease of $45,000 in net earnings. For
the full year now there is an increase »f $515,000 in
gross earnings and of $308,000 in net earnings, showing that on that road, too, the improvement has coma
six
—
DECRHBERS6,
THE CHRONICLE.
ISUl.J
Almost entiroly in tho
last six
low a summary of tho yearly
months.
results
We
ftirnisli
bo-
back to 1878.
OOMBINGO KARNIMflS OV MICHIGAN CKNTRAI, AHD CANADA •orTIIKW.
951
ai-ren, in
Nxrndn
80.1,679
acre*, in
Uuh
53,6H0..'i24
35,428,087 acrra.
I
Bnmitxf.
]
*-"-^">*"
aiul
iwa
um.
U80.
usa.
IMt.
,
EanUngt.
Tatu;
•
•
Stt.
„,„!
Htntalt.
•
9
S.iTD.tSI
8.437.4117
S,0SS,1S4
2,008,287
10,U0,7»6
U,7«l,i28
7.147.883
S.S<»,11«
2,018,163
8J1»,082
4,670,338
1.<I»4,210
1«.30!I.W1
8,40t,443
2388,148
2,371,681
12,tf7,Ml
8,288,8081
3.188.065
2,480,802
14.000.787
8,741,S38|
4.288.128
2,433,418
11,«M.077
J0.7O7.SM
8,880,1321
2,888,846
2,838.802
2.888,783
12.288,828
8,014,808
8,404.878
2,808,781
1888.
3,M»1,148
2.578 086
188T.
8.876,248
4.2S8,244
8,636.880
issa
14.184,490
13,770,628
10,088,608
3,883,817
MW.
2.521,088
13,788,888
3,891.787
8.7t8,868
2.612.827
11,480,712
8,885,168
10.781,764
16,009,000
10,838,000
4.087,000
8,440;000
18S0.
1881.'
*
«.«84,8«2
Partly eatlmated.
OUR PUBLIC LAND SALES.
.
»iiini«.
I
Mnico M,>
•CTf*
Md
Id
Dakota 14,085,304 term,
In NebraakA
acroi tognlbor.
the balance
is 11,460,436 noroa, in Minnoaota 9,849,975
Wisconsin
1,003,133 acre*, in Oklahoma 3,509,«
1.0SIAT7
l.«4e.«67
406 acrcB. in Miuouri 1,023,808, in Michigan 781,816
2. mj88
and in Kansas 799,078 acres. In the Sonthorn States
827.B07
788488 4,998,398 acres are left in Arkansas and 3,468,381
13)4.712
81,343 acres in Florida; bnt in Lonisiana there remain only
28.088
1,243,118 acres, in Mississippi 1,201,280 acres and in
1,314,104
1.763.314
Alabama 947,310 acres.
Thus the nnsold lands lie
1J82.»U
chiefly in the remoter sections of the West and on th«
1,378.240
1,304.828
Pacific Coast.
We presume the fignres include lands
1,827,000
earned by tho railroads but not yet certified to them, as
in the case of the Northern Pacific, which still has a.
largo quantity of land to get.
But in any event ths
I
Public land sales are no longer so large as a few years
ago, but it cannot be said that they are inconsiderable.
Of course with each
making over 30 million
.'>'
In North Dakota 16,195,440
acres are left and in Honth
"pn-it no
Orou
Ttan.
N'ew
ii<
Wyoming
acres, in
lands
are
vacant and have yet to
be occapied by
settlers.
As
to
the
extent of
the
sales,
we have obtained
year's disposals tho quantity of
through the courtesy of the proper officials statements
desirable land remaining to be taken up is diminished,
showing the disposals in the year ending June 30 1801
and doubtless also a poor agricultural outturn, such as in each State and Territory. From these fignres it
the country experienced in 1890, has some effect in
appears that the aggregate for the late year was
checking temporarily entries of new lands by settlers,
not only smaller than in the year preceding, bnt
so that a falling off in the totals seems natural, the
We have
the smallest for a great many years past.
inevitable result of the conditions prevailing.
Still the followed our usual method of taking only the lands
by no means exhausted. In the older presumably entered for cultivation and settlement
Western States it is to be presumed the best lands have that is, lands disposed of for cash or entered (original
been disposed of, but the march of settlement is tend- entries of course) under the Homestead and Timber
public domain
is
ing further and further West, and in the remoter sections of the country there are vast quantities of unoccupied lands whose character even has not been deter-
mined, since much of the land has not yet been surveyed, though a fair inference would be that a part at
least will be found desirable.
Culture laws.
Land patented
to the States or certified
to the railroads does not represent land entered
for
settlement, but simply land which has changed ownership, passing from the control of the United States into
the hands of corporations or State governments, and
can reach actual settlers only through further steps
According to the latest reports, the amount of public in the process. Land of this kind therefore we
land remaining subject to disposition in all the States disregard in our totals, as it has no bearing on the
and Territories where there are public lands was no less phase of tho subject we are considering. Constituted
than579,G64,683 acres, of whichaboutone-half (294,027,- in the way indicated, the totals of the land sales for
773 acres) has not been surveyed. This we are told is the last six years are shown in the following summary.
exclusive of the Cherokee Strip, containing 8,044,644
FCBLIC LAUDS' SAUU.
acres, and all other lands owned or claimed by the
188T.
1888.
1888.
1800.
Ytar tnd'g /uiw SO.I 1901.
Indians in the Indian Territory west of the ninetyAerm.
Acrm.
Aertt.
Aem.
Acrf.
|<,U«,638 8.302.671 S38I.30S 8307.198 S3873I0| STTMSS
sixth degree of longitude, and is exclusive also of Sale* foroaata
7JIMJK» •j4aasB
Alaska, which contains 369 million acres. Some of the
vacant lands ai-e mountainous, while others will become
U
mest'd entrlc«.'S,040,38l
5.631.878
888,008
1.787.408
Tlrab.-oultnreent.l
8,028,230 8,878,818
«J61,080 s.7aejas
lajmjHM
18318,078 IT
8481^ 10,821.Si8
ToUl
only
8,151,939
reached
1891
thijis
in
sales
President
Har
Aggregate
and
.
through
risen in his message to Congress week before last called acres, against 10,621,652 acres in 1890, 12,461,604 acres
attention to the desirability and importance of making in 1889, 16,319,076 acres in 1888, 17,406,658 acres in
As compared with
provision by legislation to insure to settlers a proper 1887, and 18,309,942 acres in 1886.
aggregate was exthe
when
supply of water upon equal and reasonable terms where the last-mentioned year,
to over 10
amounts
oft
falling
sites for reservoirs or the ownership of water courses is ceptionally large, the
available only
irrigation,
grantel by the United States, whether to the States million acres, and the decline has been continuous
and Territories themselves or to individuals and corpor- through the whole of the five years. As already intimillion
ations.
As considerable interest attaches to this sub- mated, however, even an aggregate of eight
to the settled
addition
inconsiderable
no
represents
acres
lands
unoccupied
the
of
ject of the extent and location
To give some idea of tho magniof the United States, it will pay to stop a moment and area of the country.
tude of this addition we may say that it represenU an
see where the vacant lands are principally situated.
We find that even in California there remain 52,299,- area considerably larger than either Massachusetts, Verin fact just about equal
499 acres of land undisposed of, 15,972,982 acres of mont or New Hampshire— it is
and Connecticut,
Jersey
New
of
area
combined
which are unsurveyed. In Oregon there'are 39,220,151 to the
we showed
January
last
subject
this
on
article
an
In
In Wastiacres unsold, 14,428.799 being unsurveyed.
the dis1890
June
30
ending
years
ten
the
during
that
part
greater
ington there remain 20,401,691 acres, the
homestead
the
In Montana posals of public lands for cash and nndcr
(14,968,800 acres) being unsurveyed.
to orer 147
55,061,- and timber culture laws had amounted
Arizona
in
there remain 74,372,769 acres and
large as ths
as
times
five
nearly
In Col- million acres— an area
005, the bulk in each case being unsurveyed.
the whols
of
area
the
to
equal
and
York,
New
orado there are 42,167,030 acres, in Idaho 33,781,861 State of
)
THE CHRONICLE.
9o4
of the original thirteen States, excepting Virginia and
Korth
We
Carolina.
see the effect of this
UTL
[Vol.
very greatly diminished sales, namely Nebraska and
Colorado.
The comparison for Nebraska is furnished
wonderful extension of the in the annexed.
SALES IN NEBBASEA,
settled area of the country in the production the pres-
ent year of the largest crops which the United States
Acret.
1884-5
3,515,705
3,037.714
2,513,620
2,136,192
18S.5-6
1888-9
1889-90
1890-91
1.636,687
1,250,193
575,573
1889-90
929,237
has ever raised. It is that fact, combined with the 1886-7
1887-8
growth of population and the great increase in the conIn 1885 the sales in Nebraska were 3^ million acres,
sumptive requirements of the enlarged population, that in 1886
3 million, in 1887 2^ million and in 1891 only
accounts for the steady and marvelous development of a little over a half
a million acres.
For Colorado the
the United States and all its industries. The land change has been as below.
sales now, as we see, are on a smaller scale, but neverSALES IS COLOBADO.
Acres.
Acre).
theless they are of sufficient magnitude to exert an im1886-7
I
2,526,699
|
1S87-8
2,629,113 1890-91
promoting future growth and 1888-9
535,904
1,626,881
progress.
The following table will show how the
In both 1887 and 1888 over 2| million acres were disland sales for several years past have been distributed posed of; in 1891 only
about half a million. By the
among the various Staters and Territories. Texas is figures given further above it will have been noticed
not included in this table because there are no United that while in Nebraska
11,460,436 acres remain undis-
portant influence
in
I
|
States lands in that State.
posed
DISPOSALS OF POBI.IC LANDS FOB CASH AND USDER THE HOMESTEAD
ASD TIMBEK CULTURE LAWS BT FISCAL TKAB3 PKOM JULY 1,
030
1884, TO JUNE 30, 1891.
States*
TerS.
Al»
Arlio'a.
Arkana.
Callfor.
Colorft..
1S84-5.
Acret.
191,476
144,3US
«4J,263
597,834
552,599
1885-6.
1888.7.
1887-8.
Acres.
221,913
180.076
276,801
951,19a
1,254,348
Acreg.
Acres.
1888-9.
1889-90.
604,852
152,688
502.982
532.693
284,620
411,046
Acres.
238,126
128,531
370,762
1,276,808
1,687,084
1,003,161
2,628,699
2,829,113
1,628.881
DakotaN.Da.
8,744,136 3,006,449 2.068,760 1,698,323 1,663,070
B.Di.S
Florida.
Idaho...
Iowa....
273,011
884,903
5,645
216,258
282,450
4,257
129,090
237,848
226,363
250,698
85,500
872,687
8,S14
27,600
8,60fi
132
4
198
2,662,530
607.483
1,276,424
Indiana
Ind.Ter
905,544
121
39
Illinois.
Kansas.
2,832.401
5,511,261
Lonls'a.
159,590
Mloh'gr
Mlnn'ta
503,101
MlSB'pi.
lll.OOf
Mlss'rl..
279,991
Montan
318,6(11
140,758
104,329
411,539
127,779
£64,676
263,974
Nebr.ts.
81,7!!'
3,71
Mil
850.312
134,522
670,577
21K.B05
486,419
554,165
177,160
1«1,4H8
154,312
321,731
131.941
182.14M
117.211
1889-91.
both Washington and Oregon the disposals are the
470,758
128,711
339,201
296.850
8,374
1.083,691
198
698,049
167,611
120,819
277,750
283,70-
1,636,687
2,85.-
4,133
N.Mei.
162,5.5
201,450
140,220
150,867
18i,475
170,58(1
240
2i(.
A significant
187,787
314,562
1,250,182
Acres.
333,602
f9,127
308,717
7«7,65S
4,t65
8
296,874
510
875,651
163,147
nc,9:o
206,410
291,551
676,573
3,919
157.695
186
25
651,101
728,34:(
456,451
141,S2^
608,449
191,355
627,88.
131,141.
181, 81(,
128.917
473.044
432,436
237,541)
301.65:^
520,820
139,120
242,147
822,853
116.28^
228,101
903,005
87,407
183,158
9 9,056
177,512
182,327
18.319,076 12,481,604 10,821,65'
8,151,939
this
table,
and one which
whereas a few years previously the amounts ran up
and three millions, and even figures of five and
six millions were met with.
The bulk of the falling off
can be found in a few leading States. Here, for instance, is the record for Kansas.
acres,
SALES IN KAKSAS.
Jf86-7
1887-8
.
Acres.
5,541,251
3,719.411
2,552,.530
|
I
|
Acres.
l,27«,4-i4
(i96,049
1888-9
1889-90
1890-91
3751651
In other words, from 5^ million acres in 1886 the
"amount for Kansas has dropped year by year, and in
1891 was only 375,651 acres. Not less striking is the
contrast in the case of
Dakota (including both North
and South Dakota), though the decline there began
earlier, as will appear by the following.
ItlH
1885-6
1886-7
SOUTHERN RAILWAY
The Census
Office has
G lOWTH.
recently issued
its
fourth
bulletin on railway statistics,
and a sti.dy of it reveals
some interesting and noteworthy fr. tures. The bulletin in question relates to the opcr, dons of the railways in the northern section of ti j Southern States,
that is in Virginia, West Virgii i;i. North Carolina
and South Carolina. The figi; l'S cover the same
period as the preceding bulletins, namely the year
1889, and hence do not cone ilown to a very recent
date but as the summaries for tl-e different geograjAical sections are apparently based on carefully-collected
and very comprehensive data, tliey are quite useful for
purposes of comparison, and they certainly serve to
bring out strikingly the marked differences in condition under which railroad operations are conducted in
the various sections.
In the case of the Southern
States which form the subject of the latest bulletin,
Aerci.
1.69«,-.23
eJiS^in
1SS7-S
3,744,136 18S8-n
3,000,449 1889-90
2,06s,7U0. 1890-91
from over six million acres in 1884
.
pome down to 800,829 acres in 1891.
;
;
the contrast with the results for the sections previously
both useful and instructive.
point to engage attention concerns the mat:tr of average rates received.
We are all of us prepared
to find a large decline since 1880, just as was shown in
treated
The
is
first
the case
States,
Group
III.
I.
comprising the New England
comprising the Middle States, and
Group
of
Group
II.
comprising the Middle Western States, for
the tendency towards lower rates has been everywhere
8ALKS IN DAKOTA.
|883-i
regarded as specially pleasing, for under the influence
and the sales in previous ye ;i-s a recovery
can onlv be a matter of time.
of that fact
'.
feature in
to two
oo« o
1885-8
years.
As business is somewhat
depressed in the Pacific States at the present time,
these large land sales there in the late year must be
largest in all recent
238,72.*
gives emphasis to the falling off that has occurred, is
that the amount for the late year in the case of none of
the States and Territories reaches as much as a million
-•.
in
288,84-
495,216
194,835
282,087
Washington
330,071
3.355
17,40f!,05)-
Oregon 728,343 acres and
692,507
163.830
2,186,102
45a,77;
in
i
8,(!9ft
Gr.tot.. 18.083.341 18,aOB,«42
acres,
535,904
8,411
Wyomg.
The States which Just now are showing larger totals
than any others are those on the Pacific Coast. Thus
in California the disposals in the late year were 797,558
442,330
3,037,714
407,859
167,730
480,181
166,177
552,807
as 43,167,-
<
3S9,liS9
8,637
Oregon.
Utah...
Wash...
Wlscon.
much
as
776,881
929,237
3,515,705
Ohio....
is
909,056 acres, giving these three States 3,434,957 out
of a total of 8,151,939 acres for all the States and Territories, or 30 per cent of the whole.
In the case of
NevatlM.
24S,03(i
Colorado the amount
Acres.
323,560
117,343
225.832
263.405
2,513,020
22.1,800
of, in
acres.
1,663.070
l,13<i.S97
801 ,829
manifest in the whole country, and the Southern roads
could hardly fail to reflect the presence of this tendency.
It will however, we are confident, be somewhat of a
amount has surprise even to those well-informed in that particular
In the case of to see how great has been the decline in the South in
Kansas, as alreaiy pointed out, not more than 799,078 the
last decade
or at least in that part of the South
acres remain undisposed of, but in the Dakotas
there under review and how very low the average has no^v
are left over 30 million acres.
Two other States show dropped.
the
—
—
—
DEcniDBt
26. 1881.
THE CHRONICLE.
J
actually
appears that the average per ton p^f
mile was lower in the four Southern States than in the
It
Middle States, and only slightly above the average of the
Jfiddle Western States.
In both the latter two sections
the conditions are such as to enforce low rates. The
traffic in coal, ore, and other bulky and
low-class
freights, which will not bear high transportation
charges, is very large in those sections, and at the same
time the through freight between the West and the
seaboard, which likewise has to be carried at low average rates, forms a quite considerable item in the traffic
of the lines.
The
States figures out
fact that the average for the Middle
somewhat higher than
tf95
has taken place.
In ood espeeiallj tb«r» hta bem won*
oo«l fields prerioasly ankiMNni
derful dcTelopmcnt,
having been oiicnH Dp and now tending «nonwNH
amounts of the fuel to market. Additional rosdl loA
additional facilitioi had to be prorided in rnogt caars to
make
the
now
fields accessible and furnish an outlet to
Coal will not bear high rates of freight in anj
event and in the present instance there was a farther
market.
reason
coal
making low
was
competition
not
rates
only
imperative,
unknown
with the coal
already having an
the
new
came
into
since
bat
from the older regions
established
reputation.
Wo maj
Middle mention the Norfolk & Western and the Chesapeake ft
AVestern, both being subject to much the same condi- Ohio as examples of roads which have daring the last
tions, is doubtless owing to the existence of larger cen- few years built up a very heavy traffic in coal at very
tres of population in the Middle States, thus giving the low rates.
The Census figures, as already stated, com*
lines in those States proportionately greater amounts of down no later than 1889; but as showing at what very
general merchandise traffic yielding better rates.
low figures the two roads named are obliged to more
That any group of Southern States should show freight, we may point out that in 1800 the average per
averages on the same level with those of the two sec- ton per mile on the Norfolk & Western was only .'^71
tions mentioned, which by reason of density of traffic thousandths of a cent, while on the Chesapeake & Ohio
and the preponderance of the lower class of freight the average per ton per mile for the year ending Juno
possess special advantages in that respect, is a cir- 30 1891 (we are taking the latest year for which figure*
cumstance worth more than a passing notice. The have been reported in each case) was 525 thousandths.
Census investigation makes the average for the four The latter road also furnishes the averages on the coal
Southern States only a little over three-quarters of a freight alone, which are especially pertinent in this discent per ton per mile in exact figures 766 thousandths cussion.
It appears that the average on shipments
of a cent
while for the Middle States the average is elsewhere than to the seaboard was only 480 thousandths,
given as 808 thousandths and for the Middle Western while on the seaboard shipments, where competition is
C8i thousandths. In the New England States, where especially active, only 328 thousandths that is less than
there is an absence of the bulky freights, the average a third of a cent per ton per mile was realized, •
jier ton per mile is as much as 1,470 thousandths.
The figure which must certainly be as low as any made.
It will be seen therefore that the reason why tho
change since 1880 has been most remarkable. At that
time the average for the four Southern States was averages for the Southern section approach so closely to
1'459 cents, while that for the Middle States was 1*04:4 those of the other and older sections is that the conditions
in some essential particulars are approaching more nearly
cents, and for the Middle Western States 0-893 cent
that is, the average then was ,40 per cent higher than to an equality with those of the sections in question.
for the Middle States and over GO per cent higher than It also follows from what has been said that there must
for the Middle Western States whereas now it is lower have been a noteworthy increase in traflSc during the
than the one and but little higher than the other. decade, and this the statistics bear out. In 1880 the
Here are the averages for each of the groups for each number of tons of freight moved by the railroads in the
of the last ten years both on freight and on passengers. States of Virginia, West Virginia, North and South
for 1889 we find the
Carolina was only 6,773,167
AVERAGE PEB TON OF FKEIGHT PER MILE (IN CENT?.)
for the
—
—
—
—
—
;
ISSO. 1881. 1832. 1888. 1881. 1885. 1886. 1887. 1888. 1889
SUte9.1-45» 1-363 1-400 1-25- 1-lM 0-985 0-881 0-808 0-781 OTflC
1014 0»81 0-983 OOOS Ofllt OSOt 0-819 0-827 0-616 0-f«8
Four Southern
Middle States
Middle Western
New England
0892 0809 0782 0816 0"2«
1-842 1722 1-728 1-723 1647
0-6i7 0-681 0711 O-08O 0884
1-678 1689 1-S87 X-527 1-470
AVERAGE PEE PASSENGER PER MILE
Four Southern 8tates.3-024
2-232
Middle States
Middle Western
2107
New England
2188
(IN CENTS).
2624 2-650 2448 23-0 2-387 2-301 2-330 3153 2207
2130 2097 2-Hl 2094 1875 2-001 2011 1085 1-995
2123 20.'!7 3088 2143 1093 2018 2090 2-(M8 2090
2118 2078 2-071* 2018 1966 1960 1930 l-9a« 1920
up to over 23^^ million tons (23,582,194 tons).
Still more striking has been the growth in the tonnage
movement one mile, for as against only 580 million tons
(580,828,746 tons) moved in 1880 the aggregate in
total
1889 had risen to over 2,545 million tons (2,545,190,953
tons).
As regards the absolute amount
of increaso
comparisons with the Middle or Middle Western seoNo group shows so large a reduction both abso- tions would have little value, since in the first place tho
lutely and relatively as that composed of the four mileage in those sections is larger and in the second
Southern States. From an average of nearly IJ cent place tho traffic is so much denser ; but we can at least
per ton per mile in 1880 there has been a drop, as al- get an idea of the rate of growth going on by comparing
Hence it ia
ready said, to an average of only a little over three quar- the percentages of increase in each case.
from 1880
years
nine
for
the
while
that
know
ters of a cent.
The decline is nearly 50 per cent. For useful to
States
Southern
four
of
the
tonnage
the
1889
to
the other groups the decline in no case reaches as much
movement
ono
tonnage
the
and
cent
per
increased
248
has
off
falling
as 25 per cent.
Thus the extent of the
in the tonincrease
cent,
the
per
much
as
338
mile
as
conin
change
some
been exceptional, and this suggests
As a matter of fact nage of the Middle Western States was only 103 p<r
ditions in the States mentioned.
mile 87 per cent, while for tho
It should bo borne in cent and in the tons one
that is just what has occurred.
mind that the figures given do not cover the whole Middle States the percentages are respectivclj only 66
South ; if they did the results we must suppose would and 83.
The ratio of addition to length of road in the Southbe quite different. They cover simply the four States
States has been heavier than in the other two •e<>
ern
already mentioned, namely Virginia, West Virginia
and this would naturally help to swell the ratio
tions,
or
to
States—
In these
and North and South Carolina.
difference in this respect :C
be accurate, in the first two of them— the feature of of growth in traflSc; but the
From 4,955 mil(«
supposed.
might
be
great
as
not
as
been
has
decade
last
the
most decided moment during
line operated ia the Sonthem
the great development of the mineral resources which in 1880 the length of
:
THE CHRONICLE.
956
Go^chen to the Governor of the Banli
States increased to 8,434 miles in 1889, the increase
being 3,469 miles, or 70 per cent. In. the Middle
Western States the addition to length of line was 7,616
miles, or 52 per cent, and even in the Middle States
there was an addition of 4,034 miles, equal to 37 per
cent.
It
[Vol,
As
the 3d of December.
clear, concise
this
England on
of
letter
Lin
contains in a
form the plan which had been elaborated
it will be useful for reference and we
the previous day,
gladly
make room
for
it
in full.
Treasury Chambers,
Whitehall, London, Dec. 3. j
Dear Mr. Governor The necessity under which I found
but is equally marked as
myself yesterday in my address to the London Chamber of
In 1880 the roads in the Commerce, not only to describe my plans with reference to the
t
is
worth noting,
too, that the
growth has not been
:
confined to the freight
regards the passenger
traflBc,
traffic.
four Southern States transported only 2,638,535 passengers all told in 1889, on the other hand, they trans-
currency, but also to state the arguments for and against
them, has possibly caused the broad outlines of the scheme to
The passenger come out less clearly than I could have wished.
ported nearly 9^ million passengers.
Let me state them as briefly as possible. I propose to
movement one mile in the same interval rose from 104
authorize the Bank of England to issue £1 notes on the condimillions to 339 millions.
In the one instance the ratio tion that the additional issue which would ensue should be
of growth is 261 per cent and in the other 226 per cent. issued in the proportion of £4 on gold against £1 on securities.
This is decidedly heavier than the increase in the other An issue based on this proportion would be grafted on to the
two sections. In the Middle States the number of present system as follows
The Bank of England is at present authorized to issue
passengers increased only 131 per cent, and passengers
£16,450,000 on securities. Beyond that all notes must be
one mile 99 per cent, while in the Middle Western
represented by gold. The average amount of gold in the issue
States the percentages were no more than 99 and 73 department for the 'years 1881-90 may be taken as between
respectively.
It will have been observed from the table £21,000,000 and :£32,000,000. Say, to obtain round figures
;
:
added
further above that rates on the passenger business, like
£21,550,000, which,
those on freight, have during the decade approached
ized
much
£38,000,000, representing the average total issue under the
closer to the averages for the other sections
than
In 1880, while the averages for the Middle,
the Middle Western and the New England States were
before.
respectively 2 '233, 3 -167
and 2 -188 cents per passenger
per mile, the average for the four Southern States was
For 1889, however, with the
over three cents (3 •034).
averages for the Middle
States 1*995
cents, for the
amount
if
£16,450,000— the author-
to the
— would
of the fiduciary issue
give a total of
Act of 1844. I would disturb nothing up to
beyond authorizing the issue of £1 notes under precisely the same conditions as those under which notes of
higher denominations are issued at present. But beyond
this limit of £38,000,000 I would authorize the issue of notes
under the conditions which I have sketched, namely, £4 on
gold to £1 on securities.
The proposal may be stated in another and perhaps a simpler way by describing the authority as commencing when the
stock of gold in the issue department of the Bank of England
provisions of the
this point
Middle Western 3-090 cents and for the New England
States 1*920 cents, that of the four Southern States was
not so very much higher, being 3*307 cents.
stands at £21,550,000.
If an additional sum of £35,000,000 were issued in the proGreat though the increase in traffic on the Southern
addition to the
roads has been, they are still relatively far behind the portion of £4 on gold to £1 on securities, the
stock of gold would be £20,000,000, bringing the total to
roads in the other sections.
This appears from a com£41,550,000, and the position would be as follows
parison of the average earnings per mile, showing that
Total notes£38,000,000
while the Southern roads earned in 1889 $3,653 on
Old average
25,000,000
Additional Issue
their freight and passenger service per mile, the Middle
£63,000,000
Western roads earned 16,831 per mile and the roads
This total would be issued against gold and securities resin the Middle States (including the heavy trunk line pectively in the following proportions
:
:
traffic of
the Pennsylvania, the
Erie, the Baltimore
&
New York
Ohio) as
much
Central, the
as $14,403 per
The Middle and Middle Western roads of course
have the advantage over the Southern roads in the
greater manufacturing activity in their respective territories.
It may be expected that this manufacturing
activity will make very rapid progress even in the
Southern States in coming years. Of course, as in the
mile.
other groups, the growth in
greater
economy
traffic
Add fonr-aftlis of £25,000,000 under
new prOTisious
Notes issued against gold
Notes issued against securitiesPrevious amount
Add one-flf th of £25,000,000
Thus we
was necessary to assign one
man under the head of "conducting transportation"
to every 126,985 tons of freight carried one mile, in
1889 only one man was required to 234,450 tons one
mile.
So as regards passengers. In 1880 it took one
man to every 22,770 passengers one mile, in 1889 only
one to 30,726 passengers one mile. In all the various
departments combined there were 30,857 men employed
in 1889 against only 12,034 in 1880, and the total
it
£21,550,000
the
20,000,000
£4X,550,000
£16,450,000
5,000,000
21 ,450,000
Total notes isaued against securities
has conduced to
in railroad administration.
find that while in 1880
Total stock of gold—
Under the old prOTisions
£63,000,000
Total notes as above
The contrast between the new and the old
situation
would
be this
We should have £41,550,000 of gold at the Bank instead of
£31,550,000, and the increase in the fiduciary issue would be
only £5,000,000 and that increase would be due to the introduction of £1 notes, which, if once acclimatized, would be far
less likely to be presented for payment than £5 notes.
I have taken the amount of £25,000,000 simply for the purpose of illustration. It is not necessary to assume that this
;
amount would be reached.
should add to the statements which I made yesterday that
contrary to my expectation, the additional issue under the
new terms should reach £50,000,000, I should be prepared to
require any further issues beyond that sum to be covered in
I
if,
gross earnings of the roads was $31,215,103, against
Net earnings above operating expenses
were $10,327,682 in 1889 and $5,331,030 in 1880.
$14,235,837.
MJt.
G OS HEN'S
CURRENCY PROPOSAL.
Mr. Goschen's remarks on Wednesday Dec. 2 at
Merchant Taylors' Hall, detailing his currency proposals,
are too long to admit of their insertion here.
The following, however, is a copy of a letter written by Mr.
Such a provision would meet the objection that
full by gold.
an indefinite amount of gold might be lost to the country
under my plan.
The second part of the scheme is as follows If the addition
to the stock of gold through the issue of £1 notes should bring
the total stock up to £30.000.000, a point which would be
reached by the issue of £10,000,000 unjer the new conditions,
I should be prepared to give certain additional powers of issue
:
J
J
..
Dkcembbr
:
THE CHRONICLE.
28, 1891.
967
—
in times of
mOM:
emerKencr which under the prewnt lyttem it •re that th« market will ooa t ln
«M7 for
bat ttat
would not be justifiable to grant. I would authorise th« Donk will depend mainly upon whetliw goM witbdrftwab
for tb*
to strengthen the reserve in the banking department by the United States become large or
not. The Joim ihiijli badkt
issue of additional notes against tecurities on paying to the have reduced the ralee tbey
allow on depoalto to I per ctmt,
Oovemment a high rate of interest, to be fixed by law. I and the rate of discount In the open nwkat, whioh ea ^
stated that the rate of interest must be neither so high a^ to day was Hi per cent, has d<<clin«d alaoet
to t per oeat.
make the permission imperative nor so low as to encourage
The silver market remilna qolet. Tbar* b a Uifbt
people to speculate up to it.
for the Continent, chlrfly Spain, and oo Thmadajr and
This additional authority to the Bank is intended to take the day a riw of price in New York led to oma WBu tfi
j here, tk»
place of and prevent the necessity for the Treasury letter, by (|uotati<)n lieing now 487jd. per ot. The demand fur
India li
which the Bank Charter Act has been several limes sus- ezcee<lingly small, and the coant ot the market depenth
npoo
pended. Believe me, &c.,
GEORaE J. Goschkn.
American action.
The Right Hon. the Governor of the Bank of England.
For the time being the fear of a breakdown on the Parts and
Berlin bourses has paseedaway, and a better feeling has ipmng
up; but yet there ia exceedingly little doing npon our Stock
IMPORTS
OF 00 LD
Exchange. Every one is agreed that there most be a oontiaSIL VER
FRANCISCO.
ued and considerable rise in the American market, bat no oaa
The details of imports and exports of gold and silver through is willing to increaw his risks so clow to the end of the
the port of San Francisco for the month of November were Therefore, although prices have for fully a fortnight
received from the Collector of Customs this week, and they steadily rising in New York there i5 no material liii.iuaea in
are given below, in conjunction with the figures for preceding the amount of business here. At the fortni^tly settlemaBt
months of the calendar year 1891. The imports of gold have on the Stock Exchange, which began on Wedoeaday taondag,
reached a heavy aggregate, $3,582,760, of which 13.484.802 the carrying-over rates in the Amerioaa market were highiv
in coin have been received.
This largo supply all came than would tiave been expected from the smallneis of the
from Australia, the steamer Mariposa, which arrived on account open. They averaged about !i per ctmt, while Stock
November 28, bringing £5.50,000— the largest consignment Exchange borrowers were able to obtain from the banks all tba
ever received from Australia all of which went into the San accommodation they required at about S'^ per cent or a little
Francisco Mint for re-coinage. Since the first of August there over. The high rates are explained by the unwillingness of
has arrived from Australia £1,435,000. Of silver the imports many Imnks to lend on any terms upon American securitieiL
were $258,330, mostly bullion. There has been received during As soon as the new year begins it is generally expected that
the eleven months a total of $7,877,540 gold .ind $2,815,780 business in the American market will greatly increase. Broksilver, which compares with $5,187,195 gold and $3,651,.563 ers report that their client.s are holding back for the time besilver for the like period of 1890.
The shipments of gold for ing, fearing what may happen before the end of the year, bat
November were lighter than for many months past, being that most of them express an intention to buy when tiie new
$34,089, mainly to China.
Of silver China and Japan took year begins.
Meantime the recovery in the foreign market continued up
$1,349,410 Mexican dollars.
For the eleven months the
exports of gold have been $1,348,876, against $1,394,077 in the to Wednesday morning. The beginning of the fortnightly
same months of 1890, and $8,855,431 silver has been sent settlement here showed, however, that the short accoant in for>
out, against $5,947,010 in 1890. The exhibit for November eign stocks was smaller than lias been supposed. It is poarit>kQ
of course, that bears have bought back more largely than la
and the eleven months is as follows
i
r
AND EXPORTS
AT SAN
AND
;
—
IMPORTS OF GOLD AND SILVER AT SAW PBANCISCO.
l>elieved;
but the general impression
was never
GOLD.
as large as
it
was made
is
that the short account
to appsar in Paris,
and Uiat
have been playing a game at
Total.
brag. However this may be, the market is decidedly weaker
since Wednesday morning than it had been for a fortnight
224.614
242,843 previously. In the first place, the bears have been encouraged
228,494 by finding the short account smaller than they had aatksiin fact the great Paris operators
Bullion
Onin.
Total.
Coin.
Bullion,
1891.
January.
February.
4S0.210 37,738 526,948
248.604 16.570 265,174
26,508 19,217
45,725
April
35,185 21,846
5^,031
May
15,092 23.920
39,012!
Jane
30,471
30,471]
July
67,733 38,4'!8 106,201
7y(t,!)38,
755,1118 35,710
A.U(?U9t
September 1.018,2S5 119.426 1,137,711,
October... 2,139.130 158,433 2,295,5691
.
March
31,922
35,840
21,288
11,627
17,060
41,005
41,180
146,572
16.471
192,692
207,003
207,206
213,456
163,598
164,030
227,510
1S3,912
181,048
304,628
234,815
225,083
180,6:)8
205,035
86S,690
330.484
197.519
454,030
Kovcmber. 2,434,892 147.'-68 2,582,7601
149.402
23,515
Tot.llmos. 7,229,813 647.697'7,877.540
535.882'2,279.898l2,815,780
EXPORTS OF GOLD
A:<D SILVER
2.^8.330
FROU SAN FRANCISCO.
SILVER.
BuU'n
Coin.
$
1891.
January
.
.
February..
March
April
May
June
July
Aneust....
September
October...
November.
176,602
98.628
72,843
158,100
122.895
147,729
149,263
91,
U7
97.322
96,435
32,629
Tot.llmoB. 1,243.563
8
876
....
320
....
160
172
900
825
Total.
Coin.
$
Bullion.
1.58,100
123,0.'i5
22'.',8(!0
183,400
140,450
24,000
,573,910
246,860
510,.536
110,000
580,982
859,387
969.534
583,872
1,459,410
5,31311,248,870 6,313.202
542,219
6.855,421
....
1,460
40.069
44,300
fFrom our own correspondent.)
London, Saturday, December
The Dhectors
297.373
280.168
487,383
147,901
510,536
880,982
150,103
91,942
819,318
92.'5,2.34
97,322
583,872
97,035
34,089 1,349,410
600
of the
Bank
of England
12, 1891.
on Thursday lowered
at which it had stood
from 4 per cent,
for six weeks, to 83^ per cent. The slackness of trade, the
pause in speculation and the cessation of gold withdrawals
have so lessened the demand for accommodation that the
Bank of England found it impossible to get control of the
their rate of discount
they were as low as 81, then they wara
week they have
this
to nearly 87, and
declined again to 83i^. The reports from Bossia, too, are
disquieting. The famine is growing worse day by day.
large proportion of the officials whose duty it is to feed the
starving people are alleged to bo ne,jlecting th.^t duty and enriching themselves, and in many districts the feeling is becoming very dangerous. The news from Braail abo baa
again become serious. It is reported that fighting has brokea
out in the province ot Rio de Janeiro, and one of the great
weeks
ago
rushed
u
>
A
Tola'.
9
297.373
286,108
303,983
433,466
177,479
98,628
73,163
I
In the second place, in spite of the semi-official
pated.
assurances of the Portuguese Government, rep >rts are again
current, and are generally believed, that the Jftnuary
coupon will not be paid in full; consequently Portugueaa
Two or three
heavily.
have
again
fallen
bonds
railway companies ia in serious financial troubles, the reealt
being a panic upon the Rio Bourse and a oonsequent heavy
The new Spaaiah fc)an of 1ft milfall in Brazilian securities.
lions sterling nominal has not yet been brooght oiit. It ia
said, however, that it will be issued early next week, and that
Oovemment has so arranged that it is sure to be suocatefoL
Lastly, the banking crisis in Australia still conUntte^ Altogether over twenty banks, land banks, mortgage oompanka,
loan companies and credit institutions of all kinda bare bean
obliged to close their doo™, most of them in Sydney and Malboume. The Victorian Parliament, however, bat adopted
measures to protect the depositors, and the latast t«legrama
state that confidence ia ekxvly reriring, while some of tha
institutions which had sttspeodad bare again opened tiMr
market, and the joint-stock banks failed to assist its opera- doors.
It has been oflioially announced this week that Oemany,
tions.
The banks allege in their defense that bills are so scarce
Austria-Hungry, It»dy. Belgium and Switaerlaod bare ooathat is is impossible to maintain the market by any artificial
conventions granlinit to one another aa*
means. Consequenily the Bank of England considered it oluded commercial
It is expected that other convaattoaa will
conrtaaifmn
useless to keep its rate at 4 per crnt. The appearanies now terial
..
;
THE CHRONICLE.
958
b« concluded with Roumania and Servia, and there is some
hope that Spain likewise may enter into similar arrangements,
while, aa you know, negotiations are going on for a treaty between the United States and Germany. The new conventions
reduce the duties chargeable by the several contracting States
on the goods of the others but some of the States, notably
Austria-Hungary, raise duties in more cases than they lower
them, the object apparently being to favor the contracting
nations and place at a disadvantage all other countries. There
is, however, no real approach to the establishment of a customs union. The custom-houses in every case are maintained, and the duties still chargeable are high. The ultimate
;
result of the conventions, therefore, will
trade than to increase
The Board
it.
be rather to divert
those of previous months as follows
1891.
£
Oeloljer
November
18,79(>,949
May
June
July
August
Bcptember.
. .
11 montlis... 227,432,453
1891.
Imports.
January
February .--
Difference.
£
s,
—1,752.437
613.607
+1,596,356
+ 574,699
21,586,752
21,034,228
20,067.022
20,344,367
22,940,779
21,532,817
24,321,336
22,817,609
22,764,677
23,673,090
21,025,553
—
— 3,196,.306
— 98,418
—2,376,224
—2,147,120
—1,971,134
—2.506,977
—2,234,604
242,158,230
1890.
—14,725,772
Difference.
"
£
33,741,082
.^3,311,354
33,143,850
31,018,842
36,140,334
35.680,242
33,341,005
32,926,295
33,032,629
31,323,897
35,551,688
Beptember.
October
. .
November....
—
—
—
—
1891.
*
November....
4,389,802
5,862,215
5,93.S458
5.535,152
5,447,331
4,612,759
6,104,233
3,657,451
4,353,478
5,999,495
4,377,262
11 months...
56.274,636
Marcb
April
May
Ju?»
Jl^y---
^"B^st
September....
October
f
S5,183,8M
24,271,730
i!S.877,080
23,C09.11«
6,390.649
3,919.538
33,043.893
4,370,519
28,048,763
10,161.963
4,674,308
22,831,237
14.004,126
£
10.141,433
15,807,333
27,578,990
27,372,547
tte»arTe
15,168,545
17,007,035
23.831,103
24,833,755
20,428,146
11,983,007
19,610,087
Oolnand
,
bullion,
Prop. »ssets to llabilities.per
per
Bankrate
Consols 2M per cent
Clearlng-House returns
•
December
ct.
431-18
16^
ct.
*3Ji
5
113.630,000
20,092,923
11.080,304
18,189,414.
39 316
40J<
5
5
9i%
95 6-18
97 5-16
116,868,000
111,681.000
96%
U9,312,00«
10, 1891.
Barley
Oata
Peas
8,973,045
4,178.324
969,681
1,117,452
4,974.459
4,372,356
Beaua
Indian corn
Flour
1891.
rmport30fwheat.owt,23,085,689
tmport,s of flour
4.372,356
Sales of home-grown. 9,691,810
London.
d
— 258,518 — -77
+1,423,H82
4-54
— 1,362.3>J7 —+ 3-33
— 872,407 — 2-31
37,746,2:i6
+18-05
+
1890.
Difference.
s,
s,
+
-
4,779,951
5,369,507
6,327,102
4,859,746
6;476;915
5,106,549
5,443,(33
5,279,199
+
390,149
492 708
391 644
2-87
:
Per CI
+
-
8-20
917
6-19
675,406
+13-89
-1,029 584
—
493,790
+
±i5-89
9-66
660.800
-
+12-14
-30-71
246,280
154 546
416,735
-1,621748
4,59il,753
6 154,041
4,824,017
_
5-35
2-51
92-6
1890.
18,335,761
3,373,592
11,770,937
1889.
16.907,823
4,614,430
15,237,299
on
1888.
19,256,449
4,756.3S«
10,081,119
cts.
Sat.
Mon.
Tuea.
Wed.
Ihiim.
43i58
43%
43%
43%
43%
95^1,,
95
IB
95I4
9533
95%
957i,
for account
Pr'ch rentes (inParia)tr. 95-22I2 95-22I2 95-20
121
121
121
0. 8. 4s of 1907
9278
Canadian Pacific
93>s
933a
8314
Chic. Mil. A St. Paul.... 82»ii
83%
110% 1111^ IIII4
129 >,
IjOuisTiUe
12 >l3
8514
7618
122
123%
fi
95-35
121
9314
8;i2
93
112
129
12914
85 H
7614
8512
76
76 14
120%
95-30
121
111%
8458
I2IJ4
83%
3314
109%
llOH
54%
5438
5478
5479
7II9
71
58%
20^8
20
20 "4
Dnion Pacific
20^
44%
19%
73%
58%
73%
5314
45%
4414
Wabash pref
3078
3078
31 14
4573
3173
4633
3238
Philadelphia cSt Reading.
?
121%
33%
IIOI4
71I4
5878
Fri.
953,8
955;"
953,e
95',
do
6-08
7-39
2-45
9-25
3-10
56l,25«
825.413
6.557,09«
4,756,386
Ensllsh Plaanclal ITIarliets— Per Cable.
The daily closing quotations for securities, (fee, at London
8xe reported by cab) 3 as follows for the week ending Dec. 3i:
Nortlrern: Pacific pref...
+
+
4,190,745
393,861
1,105,344
8,512,627
4,614,480
37,149,855 31,030,290 36,759,602 34,093,954
1891.
1890,
1889.
1888.
Aver, price wheat week.33s. lid.
32s. 3d.
30a. Id.
31a. 3d.
3'28.
Id.
Average price, season. .378. Id.
29a. lid.
333. Od.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
TMsweel-.
Laslweck.
1890,
IRSO,
Wheat
qrs. 2,113,000
2,515,000
2,037,000
1,550,50«
Flour, equal to qr.«.
296,000
306,000
243,5n«
313,000
Mails
229,000
195,000
qrs.
470,000
349.000
—
+
—
6,085.414
4,973,99»
Total
109
do
2d cons
Norfolk & Western, pref. 53%
PerOi.
1888.
6,240,7i)7
1):
8-66
941
1889.
7,962,370
3,563.861
427.0^8
741,193
8,170,715
3,873,592
Supplies available for consumption (exclusive of stocks
September
-10-59
—10-62
-45
9-77
1890.
1891.
CWt 23,085,639 19,335,761 16,907,823 19,256,449
Wheat
8458
it Nashville..
7578
.Mexican Central 4s
H. Y. Central & Hudson, 122
331«
Lake
Erie
&
West'u
N. Y.
Exports of foreign and colonial produce were as follows
Exports.
January
February
1888.
Dec. 12.
JB
29,637,857
—13-93
+11-91
+6,709,116
August
7-93
+ 282
+3,S)23,a'29
—
+10,973,052
July
8-11
2-91
4-
—11-54
331,456,247
June
—
—
—4,402,768
+2,292,512
837,275
+3,302,295
+1,036,693
11 montlis... 392,429,299
May
Per CI
^
37,152,273
April
iaS9.
J3m. 11.
Circulation
Public deposits
Other deposits
doverament securities
Other securities
Oonsols,new, 2% per
:
1890.
35,253,059
33,982,537
34,377,698
36,850,124
32,824,111
32,746,279
34,189,301
36,873,829
43,861,389
M.'krcli....
1890.
Dee. 10.
«
Silver, per oz
s.
19,834,315
20,470,621
21,663,378
20,919,066
19,744,473
21,434,399
21,945,112
20,670,489
20,793,543
21,166,113
April
ism.
Dec. 9.
The following shows the imports of cereal produce into the
November are undoubtedly Onited Kingdom during the first fourteen weeks of the season
compared with previous seasons:
they do, with the month last
IMPOSTS.
year iu which the Baring crisis occurred. The value of the
exports of British and Irish produce and manufactures is
only slightly over 183^ millions sterling, a decrease, compared
•with November of last year, of about 2}4 millions sterling, or
nearly 10% per cent. For the eleven months of the year there
is a decrease of about 14?^ millions sterling, or over 6 per cent.
The decrease is very general. It is largest in iron and steel
it is considerable also in coal, in cotton yarn and in tin plates;
but cotton piece goods have been fairly well maintained. On
the other hand, the value of the imports has enormously
increased. For the month it is not far short of 44 millions
sterling, being an increase compared with November last year
of nearly 6% millions sterling, or over 18 per cent. For the
eleven months there is an increase of nearly eleven millions
sterling, or not far short of 3 per cent.
Of the increase of
nearly 6^ millions sterling in November in the value of the
imports, not far short of 3;^ millions sterling are attributable
to cereals. There remains a handsome increase in raw materials, which is an encouraging sign for the future.
The wheat market continues quiet. Holders are not disposed to press sales at present quotations, and on the other
hand buyers are unwilling to give higher prices.
The Board of Trade returns for November compare with
March
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
sompared with the last three years :
of Trade returns for
unsatisfactory, comparing, as
Exports.
January
February
[Vol. LIIL
34
3373
110
5838
(SiomxncxcUxliimX JUtsceUaiieaiis ileurs
Imports and Exports foe thb Week.— The imports of last
week, compared with those of the preceding week, show an
The
increase in both dry goods and general nn-rchandise.
total imports were $9,158,935, against $7,9:j9,809 the preced-
week and $10,694,083 two weeks previous. The exports for
week ended Dec. 23 amouutud to -59,333,15;), against
$9,284,830 last week and $10,705,877 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Dae. 17 and for tlie week eudiu-? (for general
ing
the
merchandise) Dec. 18; also totals since the beginning of the
first week in January.
FOBEIOK IVIPOBT8 AT NEW TOSK,
For Week.
Dry Goods
9en'l mer'dise.
Total
Sitice Jan.
1888.
1S39.
3
390,
1891.
$l,927,714i
5,175,1011
$2,233,110
7,010,833
$1,876,995
7,644,507
$2,223,245
$7,102,815|
$9,291,293
$i),521,502
$9,158,96*
6.935,7-2»
1.
Dry Goods
4-97
$123,401,662 $131,387,992 $141,763,401 $113,236,729
Sen'l mer'dise. 327,970,920 353,331,714] 386,930,319 394,6y3,52«
^^ ^^"' ^""^1'*^ after, and at the momSit "VT^V ^ESL?'"'^'''^*'''''^''!'
threaten to rise owing to the drop to 312 per cent iu the
S«?w?^'
Bank
of England rate to dar. At the Bank *]22,000
lias been reppivprt
during the week, and il25,000has been withdrawn
forconstantiArrivals: Australia and China. £145,000; C^ieen^and
£100 S2S'«V
rotal 5 1 weeks. $451,372,532 $439,710,706 $531,603,723 $507,985,24»
Messrs. Pixley
59,220,218
—2,945,582
& Abell write as follows
:
S2","> A"^<""' **1.000; total, JjIoS.OUO.
«,',L^''i'/l-"°"^
»uver--At
the end ot
la.it
'
week the market was
ouite nominal at thp
1"»t«'J- *"<! tlie "e xt businesFwi^ (Ln«
at^^declfuo at
SKf^';£'''^*
"""""'"'.'I steady until an arrivalot 8o5ea50,000
by
tt,e?^,*i'?L'"'"'-f
**=*^'lG>nS^^ltt^V?il''hi'r„'^*'*S"P*''
t"
«^ 000
-
fli^OO,
Xni^*=?f?
S^n'^'Uf'""''"'/''
*50,000.
Shipments:
:
for the
*3%d. Arrivals Australia
Per "Cathay" to Calcutta
188S.
:
*e»" in at aboutraoltlngparArrivals: Vera Cruz, *81,000; Aew
itJ*^'th"L?°J.l?^'7,L''*'"' k"'" •'^Y® ^*«^"
4o!rkr«8,000
Renewed dem»nd
In our report ot the dry goods trade will be found the
mports of dry goods for one week later.
The following is a statement of the exports (exclusive of
«pecie) from the port of New York to forei':^!! ports tor the
week ending Dae. 33 and from January 1 to date
EXPORTS FROIC NEW YORK FOR TUB WEEK.
For the week..
Prev. reported.
$6,646,750
283,436,380
1889.
$7.51').639
330,410,373
1890.
$7,249,162
339,237,124
1891.
$9,362, 15»
369,497,654
rotal 51 weeks $295.083.130 $337,051,012 $346,486,286 $378,985,801
—
..
:
.1.
.
,
DaCKUBOR
THE CHttONlCLR
20, 1891. J
The foUowinK table shows the exports and iraporU of spaole
At the port of New York for the week endinn l)«conit)er 19 and
since Jiin. 1, 1891, and for the corresuondinK pi-riods In 1890
aud 1889
axpoiTS
ntroars o» sraoia at
tobk.
um
»IVI»B||»S.
•/ 0»mp«mt.
JTaiii*
ww
Railroads.
Xxporit,
Caniwta Konthrrn
Importt,
Gold.
do
l>o
Week.
fliO
Week.
SineeJaii,!.
Slnei Jan.\
SI
I llli-.
(•ximt
M
I',
,t
O. „rnf
i-»r)
'
erokt Britain
France
<>S7.1A9,a3d
16,5-17,183
G«riiinny
We«t Indies
921,000
,
Mexico
U
•oiith Amerli-a
other oouQtries.
io.ooo
,
Total 1891.
Total 1890.
Total 1889.
17,031,587
3.84S.257
14.213
1,869,903
33,039
$.M4,;i3il «l 1,918,1116
4'J0,2«iH
ll,',!o:i,:i:)4
4,(h:i, 101
"iiose
2,714. :I.'I9
27.S2.J
B94.<!gH
1.000
619,878
Uu
'•>
laiim).
MInlilKua C'cDirsI
r>i
6.^,.'M>l
il»
(«<lr«)
Iliid. KIT. (quar.).
A
$61,000 l>70,00l .380
*9'>,i.9n2 $3i,rjn,(i7o
1S,8H4| U»,!l7a.SH«! 2,l<i:t,912 lO.tl'il.OKJ
66.7971 48,018,^441
2K4.J8tl
0.3:tll.l 1
SxporU
Import:
SinteJan.i.
fTeek.
Great Britain
France
Week.
$139,653 $17,078,493
17,000
1,398,(195
4.416
SO
292,103
43,000
773,067
9,500
132,026
Germany
West Indies
Mexico
Boutli America
All otlier countries.
Total 1891.
Total 1890.
Total 1889.
— Parties having
35,.^0l
.'i«7,-.l27
4,802
548,490
$99,218 $2,601,621
48,689
6,549,774
16,708.830
20,311,981
li;:!,009
$2,217
117
20,790
823.612
1,029,168
88,875
$166,203 $19,741,289
1,118,269
Sinet Jun.\.
$10
19,649
1,546,023
railway, city or Stata bonds for
sale are requested to notice the advertisement of Messrs. J. S.
I'arlee
Bro. in to-day's Chronicle.
The Virginia Debt Committee calls for deposit of s ecuri_
ties and payment of one per cent on or before January 15
See advertisement.
first class
&
—Messrs. Taintor & Holt offer to investors a line of first
mortgage bonds, with principal and interest payable in Rold.
New York— Monthly
FoKEioN Trade of
Statement.— In
foregoing, made up from weekly
addition to the tables
returns, we give the following figures for the full months,
also issued by our New York Custom Houm. The first statement covers the total imports of merchandise.
IMPORTS INTO WBW TORK.
1891.
"«
,
ootomoD
I
Vi>rnioul Vm11< y of IS7I
Worce«t«r Nb«Iihus A Koobeater.
Silver.
—
:!'julliern..
I
Baaka.
Bank of Amerloa
Bank of N, Y. N. B. A
Bowery
Brooklrn Bank. Brootlrn
Central Natloual
ClUzetM' National
Coliimlila
(.'(ilumbia (exlr.t)
K»«t River National
Fourth National
Hanover National
Importorn A Trader*' National
Irving N.itional
Lcatht-r ManufacturerV Nat...
Market A Kulton National
Mecbanlos', Brooklyn
Meolianlcs' National
MeohantosA Trader*'
Mercantile National
Mount Morris
Nat. Butchers A Drover*'
NnCloaal 8hoe A Leather
Oriental
People's
Phenix National
Seaboard National
.-.
Seaboard National (tax)
ivf
iNcellaneoaa,
Jonmear A Burn. pref. (quar.)..
Proutor AUamble Cu.pref.iqnar.)
Wells, Fargo
*
1890.
,
Murray Hill (quar.)
Nat. Bank of North America. ...
National Bank of the Republic..
National Broadway
4 Co
Oeneral
Merchan-
Soodt.
General
Dry
Zotol.
Htrehan^
Ooodj.
t
I
14.219.505
13,146,9S1
.
March
28.331,848
29,933,3C5
42.580.753
16,5«8.8')5
86.1«I,326
«a.7a^,lSl
43, 100,2 <9
16.793.270
85,433,879
41.229,149
13.141,330
35,576,721
41,479,663
2S.064.730
88,583,946
43,636,923
6.9ftf,738
48.618.071
4H,14",S91
15,570.193
April
Mar
6,aM.070 36.573.181
12,937.531
86,637,351
Jane
8,199,170
33,347,131
42.216,601
8.263.993
15,436.197
81,236,319
41,831.318
49.722.818
July
9,201,074
31,927.561
41,128,638:
14,214,70S
81.0S8.246
43,399,043
11.149.167
87,239,011
28.831.017
40,000.511
31.140,387
39.487,875
12,738.678
38,662,644
49,481,338
7,79-',225' S4,160,0al
42,238.246
11,798,786
%,0SS,e06
46,849,373
32.160.147
41,418,996
7,837,489
34,753,888
48,590,709
..
12,310,797
September
Oetober
8,31B,8S8
Anflrust..
.
.
.
NoTember
.
:
9.25<!,849:
9,846.910
47.830,856
61,50.1,719
&
—
^itulitug
(
CAPITAL,.
itgi.
1890.
Jannarr
F«braar7
27,000,185
83.506.491
Jannarr
18.794.658
16.823.8i?8
86,433,849
87,940.531
February...
18,280.300
13,88t<.61S
March
28,874,475
89,6)4,853
23,485,251
March
10,980.558
UJS6S,417
88,142,0ft»
April
7,7ia.ass
1S.S18.084
7.450,3e»
April
. • •
HBNBY
C.
HBNRT
C.
BAKEII,
26,(f81,48'
29.187,97
Mar
10,674,888
OBU.
28,326,491
29,0.\8,92;
Jane
9,131,2*)
14.4U2,287
J. B.
Jnly
31,183,180
27,!'11,410
July
11,.')04,103
17,173,588
. .
33,353,788
89,080.9'.i6
Auanst
10,481.018
12.973,344
37,919.406
89,739,636
9,988,117
15.789,708
37,386.781
38,059.631
September..
October....
9,337,374
18,081.811
88,508,085
November.
8,503,80»
10,154.86«
November....
36.541,697
Total
Ta»«1....
313,577,473) 3T3.t20,805
113.437,731 152,833,043
Auction Sales.—The following were recently sold at auc-
SO
Sharei.
Shurrs.
First Nat. Bank of Rock-
wuU.Tox
Blinkers'
100 Merchants' Nat. Bank
DO Irving Nut. Bank
13
&
.152
183
Bond:
Merchants'
$1,000 Jersey 0. Water W.7».113>a
Nat. Bank, Dallas,Tex. 2G
10 United States Trust to..7u2>« $1,000 Mo.Val. A Blair KAge.
RR. 6e. 1923 (N.W. 8jr8.)...103ai
The following were recently sold by Adrian H, MuUer Son
I
&
Shares.
100 42d
8t.
Mauhattanvlile
Mcli.Avo. Uy
St.
300 The
A
149
37%
Aiucr, Foreite Pow'r
Mftf Co., «.'>o each.*."} SO p.sb
1 Clinton Hall Associutiun. 55
19 Third A vc. K K. Co. 22.> 2z7
IThe JckyI Lsland Club
:
Bnnttn.
Coup, of -tao cach.belnff 6
nios. int. on 148 .Mo. Pa.
EK. cons. Ists, due .Vov.
1, 1 8«7, to May I "00. . »700
TINKBR,
r*.
MAXWKLU
K. P. C. YOU.VtJ,
wM. bl;.ski,i<
H.
Dr.M0.8TCI..\RltB,
J.'<0- U. STARUM,
J.
C.
""•'^-
rAHNB«TOCICJ
"
OF THK CITY OK NKW YOKK,
No. 191 Br«»4way.
$1,000,000 t«arplas * Preflta, MSO,!
WILLIAM P. ST. JOHN. PrwIJant. rRBOaaiCK B. SCaiNCK.
JAMB8 T. LOTT. AMlMant CuhMr.
ACCOUNTS HOLIC'ITBD.
•
Capital,
I
THIRD NATIONAL BANK
OF THE CITV OF NEW YORK.
•I,000,»»«
Capital,
J.
a wooawAitD
HBNRT ca\l"iy,
AoooanU
^^jljr
la.
•ollolUd aad
Pr*»td»Bt.
'
i.
r.U
amnUl attaoUM
aarantaed^
»'<
4* « V«r ...WH-PmWw
to ta« tatOT«*u of I>woMla«*
_____^_^_^_^^^_^_____
Spencer
Trask
BANKBHS.
Ifoa.
IS an4 18 Rraa4 !l(r««t,
SARATOOA, N. T?
N. r.
ALBANY
&
Co.,
_ ^^
Raw Tork
^
CII/.
PBOTIDB.fCa
£
I
TBAtflAOT A CIBNBSAIi BAJIKIIVa BOnTIBM.
AllclMMOtSMntltiai BMtbl M4 SoM « «'» '?'" ?!ITf^^f{SS^
.
BoMun andCblMCQ.
'
Mi
.^- i*i'.£*'*\L«
A. OA111..A.MJ"
THE MERCANTILE NATIONAL BANK
,
123 Coup.of *23 each. 6 mos.
lot on ChlcA N,W. KR.
2.3-yr. deb. bonds, duo
Nov. 1, 1887, to May 1,
$l..i00
$U00
300
1890
10 Com'weaith Ins. Co
»4
Or. Bap. (Mloh.),Hyd.
$(1,000
Bowlt.
Co. 1st. 10 IV. Jan., 18U0,
^.000 Midland KK. of Xnd.
13^
coupons on
94
1st, 58, 1D17
. .
•3»a.*«»
I
tion by Messrs. R. V. Harnett <K Co.:
60
New Varlu
DIRBCTOR9.
Jane
September
October
Siraal.
B.\NK.8.
msNRYORAVBs,
Mar
Aiisnst
Mbeny
BANKERS AND MERCnA.NTS 90UCrT«D.
HBNKY ORATK. Till PiaaltaMi
TINKKR PrestdsnU
JAMK8 CHRISTIK. Cwhter.
ACCOU.VTS OF
t
(
....
Central Baildin*, 143
Jfontk.
1891.
aud l^iimucial.
LIBERTY NATIONAL BANK,
.4tN'«wr>r<i.
Total Merchanditt.
I
&
OUSTOMS aBOBIPTS.
MentK
to Jaa. 15
to Jaa. 15
1
Security Mortgage
Trust Companv of Dallas.
Texas, has issued a smalland interesting pimp'ilet giving a
letter which appeared in the Atlanta Comttitution of July
la-it.
The letter was written by Rev. Ur. J. \V. Lee, of
Atlanta, Ga.. and presents in a very pithy way a great aitajr
of facta relating to the .State of Texa'*. The ordinary reader »
quite astonished to learn of the varied re3<>urce4 of this great
State. The Security M>rtga4e
Trurt 0>inpau,r are jost
now completing their own Hr?-proof building at Dallas, the
leading city in tbe State. The ci>mpiny has a paid-up capital
of $300,000 and a surplus of $100,000.
Attention is called to the card of Measra. Hirtiman ft Co.
This firm is favorably known in the Street, and transacts a
banking and brokerage business in-all its departments.
Total.... 109 86° .9*0 3»6,287,884 475.637.831 IS8.6S2,75H 381.782.098 500.464.858
XPOBTS FBOM NEW TOBK.
to Jan.
Jan.
•"»
din.
cUte.
Jannarr
Tebruarr
Total.
Tter. 3.1
I
Correction of last week'* Dotice.
—The
Drv
!
15 Jan
—
«
.
THE CHKONICLE.
960
—
gaukers' dax^tte.
Jlxje
H^ For diirfdend* tee previous page.
WA1.L. STREET, THURSDAV, DEC. »1, l»i91-9
The Money Market and Financial Sltnation.—It
[Vol. Lin,
P.
M.
the
night before Christmas and all through the houses (bankinghouses) there are many people stirring and a generally
The Stock Exchange will be closed on
cheerful feeling.
Saturday, Dec. 26, but probably not on Saturday, Jan. 3.
The week has developed a healthy growth in the more confident tone at the Stock Exchange, based on the excellent prospects for railroad income, and so far, all that has been predicted of the good effects to arise from the crops of 1891 have
been fully realized. When the year closes we shall not have
received back from Europe one-half of the gold sent out
prior to August 1, but the inflow still continues, and under
present prospects, with the amount of grain and cotton yet to
be shipped and the new inclination to buy American securities,
there is every reason to look for steady receipts of gold from
Europe for some time to come.
It has been rather notorious that general trade in manufac.
tured goods and merchandise has not kept pace the past six
months with the higher values at the Stock Exchange. But
there are signs of great improvement in the next half-year,
and just lately the stimulus given to the iron trade and to the
car and locomotive manufacturing interests by the new orders
booked for 1892 from railroad companies has been quite the
feature of the situation.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2 to 4J^ per cent,
the average being 3 p. c.
To-day the rates on call were 2}>^
to 3 p. c. Commercial paper is quoted at 45^8 Pi^ per cent.
is
Coins. The following are the current quotations in gold for
various coins:
Sovereigns
9l»8S — 95i«
$4 84 ®$4 88 Fine silver bars..
— 90 a —95
Napoleons
3 85 « 3 90 Firefiaacs
X X Reichmarks. 4 72 ® 4 76 Mexican dollars.. — 731a* —75
4 78 -a 4 85
25 Pesetas
Do unoommero*! — — a — —
—70 « — 73
Span. Doubloons. 15 50 ®15 70 Peruvian sols
Mex. Doubloons. 15 50 ®15 70 English silver.... 4 80 ® 4 90
Fine gold bars... par 'WH prem. U.S. trade doUara- 70 a
—
GoTemment Purchases
of Silver. The following shows
purchased by the Government in Dec.
The Department having purchased the amount of silver required by law for the month, no further offers will be con-
amount
the
of
sidered until
silver
Monday, Jan.
4,
1892:
Ounces
Ounces
purchased.
offered.
Previously reported
"
3,479,000
726,000
1,068,000
1,083,000
16
IS
"
Pneepaid.
2,622,514 $0-9460 a $0-9575
$0-9600
250,000
708,000 «0-a560 -a $0-9570
779,000 $0-9560 ® $0-9570
31,094$
•Total in
•The
month to
date.. 6,356,000
local purchases of each
4,390,608'$0-9160
'»
$
®
$0-9600
week are not reported till Monday ol
the following week.
State and Railroad Bonds.— Sales of State bonds have included $10,000 Ala. class B at 108, $10,000 class A at 103 J^;
$45,000 Tenn. settlt. 33 at lO^^l^^, $31,000 settit. 5s at
101@102, $28,000 settlt. 63 at 105; $10,000 Va. defd. trust
recpts. at 8; $5,500 N. Ca. consol. 4s at 98; $4,000 S. C. brown
consols, at 98i'2, $30,000 non-fundable at 2Jg,
Railroad bonds have been active at rising prices. The demand is not confined to income bonds bought on speculative
account, but is well distributed throughout the list of mortgage bonds, and the prices of many ot the popular issues
have advanced largely. It is to be remembered that
those bonds paying interest in January are 2 33 per
cent lower than they appear— thus Atchison 43 at 85}^
The Bank of England weekly statement on Thursday showed are really 83}^; Reading 4s at 85J,3i'are83?^; Atlantic & Pacific
a decrease in bullion of 4233,000, and the percentage of reserve guar. 4s at 75J^ are 733^; Rio Grande West. 4s at 80 are 78,
to liabilities was 40'04, against 43'99 last week; the discount and so on with all the "Jan. and July" bonds. There will be
rate remained unchanged at 3i>^ p. c. The Bank of France shows a careful inquiry now as to the probable safety under all ciran increase of 3,400,000 francs in gold and 1,225,000 in silver.
cumstances of many bonds that have been selling at low prices
The New York Clearing-House banks in their statement of under the depression of 1891, and the two leading factors
Dec. 19 showed an increase in the reserve held of $8,285,300
sufficient income and good management of the properties
and a surplus over the required reserve of $19,161,500, against will be the subjects most discussed. Some of the bonds
$15,839,500 the previous week.
among many others that are in favor just now are the Atchi-
—
1891.
Differen'sfrom
Prev. week.
Dec. 19.
1890.
1889.
Dec. 20.
Dee. 21.
$
60,572.700 61,062,700
62,213,1001 57,342,100
4,845,100 386,378,000 392,514,300
30,000
3,580,100
3.816,500
9,852,800:380,320.000 398,.)76, 300
4,474.400 74,476,700, 76,786,700
1,810,800 25,102,200 26,201,100
6,285.200 99,578.900 102,997,80(1
2,463,200 95,080,000; 99,594,075
,4;
59,372, 700
66,007,,900
Loans and dlsc'ts 422,840,,200
Careulatlon
5,589 ,600
Net deposits
446,538 ,000
Specie
94.440 ,300
Capital
Burplus
Ino
Inc
Ino
Inc
36,355 ,700, Ino
Legal tenders
Eeserve held
Legal reserve
130,796,.ooolino
111,634 500 Inc
son issues, including Atlantic & Pacific and Colorado Midland; the Reading bonds, Rio Grande Western 4s, Hocking
Valley 5s and 6s, Chicago & Erie firsts and incomes. Northern
Pacific 53 and Chicago & Northern Pacific Ss, and it may be
remarked here that the rental paid the C. & N. P. by the B. &
O. for its terminals in Chicago will amount to about $430,000
per annum. Richmond Terminal 5s advanced to 63 to-day
and the 6s to 93, on the appointment of the Olcott Committee,
and active buying in consequence. The Union Pacific 6 per
cent gold notes have not yet shown any particular activity;
they pay 3 per cent on February 1. Many other bonds are
higher on a good demand, as the daily Board lists well show.
Bnrplas reserve.
19,161,500;iQO .3,822,000
4,498,9001
3, 393,723
Railroad and Miscellaneous Stocks.— The stock market
Foreign Exchange.— The rates have shown a downward has shown a very strong tone without any unhealthy or spastendency, as was expected, and with the good supply of grain modic action. The advance has been well held in the case of
and cotton bills, and the better inclination of foreigners most stocks, and there has been more confidence among
towards our securities, gold continues to arrive. Actual rates buyers and less inclination to realize profits on any small
for exchange are: Bankers' sixty days sterling, 4 81 liOb'^
advance. The present strength of stocks is based on the best
82
demand, 4 833^@4 84; cables, 4 84>^(84 843^,
foundation, that is, large earnings and increasing dividends
;
Posted rates of leading bankers are as follows
December 24.
Prime oommeroiaV
Pooamentary commercial
'.,.
raris banliers (francs)
(guilders)
__
I"
'.'..'.'.
82
®4
83
Demand,
4 80% 44 80%
4 80 <»4 80",
23%®5
5
jankers
Frankfort or Bremen (reiclimarkslb'nkers
4 84'4®4 85
23i8 5 21J4a5 2068
40^8 « 401,
9514a 9538
3978«39i6,g
94»s-a913»
Tne toliowiag were the rates ot aomestio exchange on New
York at the undermentioned cities to-day: Savannah, buyine,
selling,!.^ discount to par; New Orleans, commer^£?'i°''
^
,
cial,
$2 60@S3 00 discount; bank, 50c. per $1,000 discount;
Charleston, buymg par, selling
J^ premium; St. Louis, par
Chicago, 20@30c. per $1,000 discount.
United States Bonds.— Quotations are as follows
Interest
I
?».
- - -
-•
•
*s.l?07
48,1907
6»,
6s,
68,
6»,
08,
Periods
reg. Q.-Mcli.
retj.
y.^an
couii. (j.-Jan
our'c.7,'95
reg. J.
3.
our'cy,'9e....reg. J.
J.
cur'cr,'97
reg. J.
J.
cur'<;j,'98....reg. J. i- J.
eiir ' ay ,'99... . reg J.
J.
&
&
&
&
Dec.
19.
101
Dec.
Dec.
21.
22.
noo
1*100
Dec.
23,
:
Dee.
24.
*iooii'*ioois
1161b nieifl *H6% »116% *116i«
•1171s «117ifli 116Vol»il7^» 1171a
•1(H Hi* 108 la,* 109 1*109
10)
110
110
llOi^ *lloia •11019
112
112 *1121«*112% 112511
>115
115 *115i9*115 •1151a
'117'« *117ifl
1*118
'118
•TWgla tbe price bid at tae inoram< board,
US
-,
no scUe was lua xo.
Dec.
23.
;
may
be overestimated, and it
is quite suflficient if prices keep pace with dividend prospects
and do not run far ahead of them. London was waiting for
some time to have our own market show confidence in
American railroad securities, and now that the improvement
but
Sixty Days.
Mme bankers' sterling bUls on London.. 4
Amsterdam
;
:
this, like
some other
things,
has come the foreign buying also increases.
The grangers, Atchison, Union Pacific and Missouri Pacific
have all been strong on their earnings present and prospective; the trunk line stocks are firmly held, though the Lake
Shore dividend was not as large as some had expected; the
N. Y. Central dividend will not be declared till next week.
The coal-road stocks have not been especially prominent, but
Lackawanna sold above 141 and Reading at 39J^, though the
coal pro3pect3 seem less certain than the general railroad
business; Chicago Gas has been very active, as usual, closing
at 63W. New York & New England has sold freely above
—
Northern Pacific preferred sold at l-i%. and Western
Union for the fir.st time in weeks has shared 111 the animation
and buoyancy. Richmond Terminal common and preferred
have been conspicuous to-day for activity and buoyancy.
American Cotton Oil has lial a further advance and
closes at 34%. Sugar and Lead Trust certificates on the "un40.
W
o
listed"
have been
closing at 94^^.
dull.
Silver bullion certificates neglected,
'
!
'
Dbokmbeb
.
.
THE CHUONICHi
36, ISOl
^
NEW TOBK STOCK BICHANQg-l^^^ aT0OK3 for
^ng
moaan aitd u>irwr ratam
STOCKS.
Batordar,
Deo. lu.
HoBda
TUMdH, •ff'^-fr. Tb»«*jr.
Doe. ail.
Deo.
Deo,^'il:
HlorkB.
Atclilsnii Top. A Sniita Fe
Atlantic * PaolHo
'"
Oaiiaiilan Pacltlo
Canada eoiitliorn
«j.
44% Ult
.•4%
Wt
«3>g
'..
Central of New Jersey
Central Paoltt(\
OOTg
es's
01
a
Bl
62''h
eS''a
83)4
a«>«
3ei«
00
00%
iis^siu
Chesapeake &. O., vot. tr. oert
Do
do
Istpref...,
Do
do
Zdpref
4«t,
44
118
33
84
2e>4
261,
(to
60^
44%
»•
•4
90% 90%
ea% as^
•00
34
20%
58% 60%
80%
70H 71
70%
'.'.'.'.'.'..'.'.'.'.'.
A Nashvilie.*!;!"'
Now Alb. A ClilcaKO.
81% 82%
24% 24%
241a
1041s 104 104
2214 2214
22% 22%
101JI9 loyic '109
lOOij
Manhattan Elevated, oonsol
Mexican Central
Mtchlijau Central
Milwaukee Lake
8h. A West!!
pref
A St. Louis
Do
pref*
Missouri Kansas A Texas ...
Do
Minneapolis
92
13114
'.
Do
•2019
I7I4
21
21
21
I714
18
18%
27% 28
58
58%
pref
pref
Wew York A New England
New York New Hav. A Hart
Hew Y'ork Ontario A Western
Sew York Susquehan. A West.
Do
Worfolk
Do
pref
A Western
.....;
*i>ref*
......'
Korthern Paciflo
Do
nref*'
Ohio A Mississippi
Ohio Southern
Oregon R'y A Navlgatl'on'co'
OreKon .sh. Line A Utah North
Peoria Deca'ur A Evansville
A West
.
*9'8
10
39% 39%
16
17
52 >4
5214
24% 25%
68% 69%
22
17
22
*78
•24
80
44% 44%
32% 33%
73-9
24%
21%
38%
27%
64%
25
21%
39%
27%
64%
•50
•41
•72
53
52
Bio Grande Western
42 %| 41
Do
73
72%
pref.
„
Borne Watertown A Ogdensb 112% 114
112
St. Louis Alton A T. H., pref" 126
125
Bt, Louis Southwestern
8% 8%
8%
Do
16
17
16%
nref
8t Paul A Duluth
•..-^
.....'.
45% -^u'tt
46% 45
I
I
I
*
^o
pref
Bt Paul Minn. A Manitoba
Boathern Paeiflc Co....
Texas A Pacific
Toledo Ann Arbor A N. *Ml'c*h!
Toledo A OUo Central
Do
'
Wheeling
Erie.......;
pref
Wisconsin Central Co
nuoellaneoa* Stock*.
Oil Co
Do
pref.
Am. Sugar Eef.Co.,tomp. ctfs.
Do
pref., tetnp. ctfs.
rcc'ts.
2-fi«
64%
40%
13%
pref.
National l«ad Trust
North American Co
Oregon Improvement Co
Paeiflc -Mail
36% 37%
76% 76%
18
84% 85%
92%
65% 66%
34% 34%
'92
Tennessee Coal
Do
A Iron
pref!
Western Union Teleerapfi
*
These are the prices bid
43
40
14%
15
-
10
44
13,038
11.188 20
7.025 12%
6,710 53
14,184
nos%JMSo
44
9%
89% 39%
17
17%
52% 62%
24% 25%
68% 70%
18% 19%
19% 20%
80
24% 26%
21% 21%
38
38%
27% 27%.
64% 64%!
26% 29%
21% 21%
39% 80%
28
65
39
65
38
127
9%
16% 17%
«.^-» 46
43%
-fcu
391^
I
22% 24%
•44% 48
18%
18
19%
14%|-
30
—
84% 85
91% 92%
65% 66%
34% 35%|
84
83S|
91% 91%
63% 67%
34% 34%|
99 %|
50%
03%
03
101%
18<4
18%
18% 17%
26%
27%
101
37%
59% 50%
93%l
101%
18%
18%
26%
36% 37
58% 50%
13% 14%
57% 00
41% •40% 41%
73
72% 72%
57
113
9%
9%
17% 18%
45% 46%
39
13
•44% 48
•82
84
43% 45%
10% 20%
14% 14%
31
31%
36% 86%
76% 76%
82% 34
62
62%
85
85%
02
•94
100
82% S3 1x81% 82
and asked no sale made
89% 39%
•94 100
«11« 82".
t Prices
02
08% 60%
85
•112
'128
3«>%
26
26%
87% 37%
58% 59%
185
95
39% 89%
loo
s;% 84%
9%
18% 18%
47
104%
39%
13'9
2::%
'44% 48
'83
84
44% 46%'
20%
13%
31%
30%
76%
10%
I
21 %|
13%
I
31%
37%
77%
1
e.460'
4.i>v>
li790
15
Jnlr 80|
13%
M
97
93%
100%
18
7.490
73% Mar.
l.^a^|
"
••
97
10
87
Not.
U%Julr
Mar 97
9ll<>%Mar t
It lot
»*
l%Jan. 2
.'>%Jan. 7
1% Jan. Sa
l%Aac.
18.^
J
04% 04%
SO
80%
vi."m m4%
8,0001
I
8«
83% 84%
tram both Ksahaates. x K<
39%Jalr 80 S0%8aft.a
67% Jan. 91 SO i|*.&
Jan. 9 84%Daa.M
8.4ti2 33% Jan.
3| 03% Vm. tM
6.44'l 57% Jan. 17 MHSas4,n
l.'iOO 85
Fab. 87 •« ftaplbn
04.832 34 Jan. 9 at^ Dea.
0.A4O 37% Jalr »0> a»« Mar. If
14,184 03% Jnlr 9 lot Oet. 9f
31,303
..,
4l%reb. 10 02% Oea. IS
1,728 88 Jan. 8 111
relk.
f
30,47*1
87% 38%
50%
50
00
80 100% DmT •
21 OS Jaa. 1ft
33%A^
I
34%
63%
85%
02%
68% 60%
36% 37
99% 100%
69
59%
185
29 95% Sept. li
1,085
1,I50
7% Jnlr 30 91 Dee. St
4.015 11% Mar. 14 SO Sept. IS
10.008 19% Mar.
99% Sept. 17
87,01& M%Oet. 9 77%Sevt.<}.
l,S6S 20 Jan. 9 46 Sept. SI
136 79%Ang. I7 1I0
84.000 98% Jnlr 28 119% Dee. 34
3.685 11% Aug. 7 32%Oe«. IS
20O 67 Jan. 9 84 Oet.
1.850 23 Jan. 9 47%OaL 14
171.425 17%JuIr 31 SsaiOaa. 84
7.153 47% June 20 74% Dee 94
91.080 31 Jnlr 30 43
.. OeBL9t
140 224% Not. 7;871
30.301 14 Jnlr 30 9S%8opll7
1.778
6% Jnlr 30 tl%8apt.S0
3,580 25 Aug. 4 41% Sept. ao
775 13 Ang. 17 18% Oet. •
870 40% Ang. a 5T%Jaa. 14
8.720 30% Jnlr 3« 80% Sept. 99
88,105 58% Jnlr 81 78%8epC91
100 15% Mar. 11 90% Sept. 18
1,150 14 Jan. 9 20% Dee. 98
1,060 06 Mar.
83 Jaa. It
0.385 10 Jan. 5 80 Apr. 98
4.4.3S 14% Jan.
7 24%8ept.94
64.285 96%Ang. 4
3.573 12% Jan. 7
3.090. 48
Jan.
68%r
2.423, 38
Jan. 8 43% Am.
120.5.\O,
.8% Dee. 9 io%veS: .
6.450' 43
Not. 27 78%rea. if
540 33 Jin. 3 44 Mar I
'5% Sept. IS
1.4 JO 55%J»n.
2
150 xl(>5%Julr3l llt%Apr. IB
120 Jan. 6 122%Jaa. t
3.3>I7
6 Jnnell! 10 Get. 9S
0.6.19 12
Ang. 4| ie%OeC 91
4.70U 94 Jan. 16' 47 Dee.
uee. t4
sa
l,7uO 86 Jan. 5 10«%Dea.
Oea. If
300 100 Jan. 3 1l5%Oet.
tOet.
9.8.M) S3
Jan. 10, 44%I Sept. __
0.795 10% Dec 2' lOHSepCll
16,787 13 JnneSO 34%0(«.
44 Dee. 9i 01 Jaa.
100 78 Jnaa 8 88 rMw 1«
01.311 S9%Aa«. II
9t
6.7»3l 14 Ang. II 94% Jan. 14
8.163{
8% Mar. 1010 Sept. 19
80.870 10% Jan. 3 S4%Mpt.91
20
83%
62%
83%
02%
27
29% Apr. ST
Apr. f
»
80 100
M
n
B
U
115
13%
22%
99% 09%
59% 69%
96
05
90
93% 03% 93%
191% 101% 100
17% 18% 18
18% 18% 18%
•94
113
9%
46
105% 104
115
114
39% 39
13%
21% 23%
18j%I 185% 186% 185% 185% 185
95
95
95% 05
39%
41
12% 13%
128
9%
g
28%
66%
28
•
Dot.
M
a
o
20
82
82
28%
22%
39%
'
13% 13%
20
80
26%
21%
38%
27%
64%
130%
Mar"
118%
79
14% 14%
31%
35% 86%
76
76%
76
17% 18%| 18% 19% •13% 10%
94% 94%' 95
38% 39%| 39
:
44%
32% 33
74%
39% 40%
223 227
20% 21
9% 9%
39% 39%
17% 17%
53% 63%
25% 26
70% 71
43
Dm
08% Mar 10 182% Dae. 94
8%AnK. 8 e%Da& tt
1.401
»4
U
Jan. 8 09% BapC 1*
aa%Aac. 14 83%D«& 94
18 Mar.
1,106 05 Jnlr
3.100 17% Jnlr
1.446 87% Jnlr
1.135 70 Mar
21
21%
80
44
44%
32% 33%
73% 74%
40
40%
226 227
20% 21%
9% 10%
40% 40%
•16% 17%
•33
63%
26
26%
70% 72%
U
Jaa.
Jaa. 14
Apr. t
Dae. 17
Dae. 91
All*. 10 10
24
Jan. 3 44% Dm. 39
Jnlr 81 2l%<>ct. 8
Jnlr 81 70 Dee. 91
875 80
90,718
3,310
18% 18%
28% 28%
62
62%
42
74
9%
06% 96%i
100
21
0«
Dro.
700 0% Jnlr 30 10%
000
in%Kftb. 8 )2«
.090 72 Jan. ? 124%
5,100 90 Mar. 9 108%
126
128
43%
21% 21%
68% «9%
125 126
90% 90%
82% 83%
.24% 24%
10J%104
22% 23%
109% 109%
43
.'ifl%
9%
17%
46%
30% 31%
36% 36%
92%
100% 101% 101
18% 1>'% 18%
17%
17% IS
2S% 26% 26%
•38% 37% 37
'94
60
43
61% 62%
32% 32%
73
73%
39% 40
08
38
185
Silver Bullion Cenlfloates
•43
82% 34%
61% 63%
59% 60
Pipe Line CertlHcates}
Pullman Palace CarCo
—
0%
108% 108%
21
57
57
41% •40
42
41%
•72% 73%l 73
74
112 113
112
112
57
..'.'..
Consolidated Gas Co
A Cattle Peed'g Co.
'^o
2S%
<T8
24%
21%
39%
DIstilliug
Edisou General Electric
National Cordage Co
•o%Om
46
0%
•
91,t40 109% Mar. • 118% Dae. 4
018 ISO Mar. 1
09.078 08% Mar. . •0%Daa.
37,000 91 Jttlj 80 44%UMk
1.00« 77% Jan. 9« 100% Oaa.
ii,aso »«%Jillr 80 7«%aafi
100 00 Jair 97
8,300 99 Jnlr 81 M%8an.
4.807 118% Not. la ...^„
48,448 ISOatJnlt 97U»%Ba
I,40O 13% Jnlr 80
700 40 Jnlr 80 63%Jaa.
1, 005
5
Jnlr 80
«% Jaa. 14
71
40
18% 18%
28% 28%
'21%
18%
American Cotton
Chicago Gas Co., trust
Colorado Coal A
104
21
58% 61%
41
43%
86
18
14
"pref"
"
A Lake
21
18
23
79
11% 12%
20% 23
"
I^o
104
I
39
'-
Union Paeiflc. .
.
tTnlon Paciflo Denver AQoif
Dc
104
104% 100% 10j% 105% *105% 106%
115
114%
114% 115
114% 114% 114
-
pref''
Wabash
74
9% 9%
39% 40%
17
17
52% 52%
25
25%
69% 69%
I
pref
82% 82%
24% 24%
24%
39
39%
x226%226% 223 227
20% 21
20% 20%
38% 40
39
11% 11%I 12
BlohuiondAWestP'tTerminal
82%
n
123% 124
140% 141%
'17
17%
•45
14
120
123
Mar 19
76% Mar. 7-
000 41%JaB.
888
Jam.
107388 50% Jan.
3.109 100% Jaa.
80% &0%
'93% 91
•92
94
•93
94
94
117% 117% 116% 118% 117% 118% 118
21
21
20% 20% 20% 21
20%
79% 70'8 •79
80% *T9
81
80
*21
18
7878
17
•2714
*63i4
pref. tr. certs.*
Do
39%
229
20% 21
21
18
28
27% 29
58% 59%
*0
40%
7319
39>4
21
39
A Read., vot. trust, cert.
Pittsburg Clnu. Chlo. A St. L.
Do
pref
Phila.
Pitts.
72%
'226
81%
24%
102%
22%
too 198
40,««l
22% 22% 22%
•108% 109% 109% 109%
92 % "92
93
92% 92% 92% 93
•92% 94
131 14 131% 131% 131 131
131% 131% 132% 132%
9% 9% *9% 9%
9% 9%
9% 9%
Missouri Paciflo
*
Mobile A Ohio
40
Nashv. ChattanooKaAStlLouis
94
94
«ew York Central A Hudson 118 II8I4
»ew York Chlo. A St. Louis
2019 21
Do
*80
8II9
Ist pref
2d pref. *43% 44%
^°,_.
» York
Wew
32
Lake Erie A West'n
32%
Do
82% 82%
*24
104
14% Jair
4J40 49 Jair 90
108% too
108% 109%
70 ;
70^
too% '...... 101
81% 80% 81%
122% lar.
i28N I38>;
115% 110% 110% 110%
141
141
141% 142%
89 >s 90% 88% 8D%
42% 43% 42% 44%
107% 108
108% lOHlj
1)6%
W
t.77«
144
l(lO%
HO's
.'
!>0^
so
20% 20%
60%
39% 40%
'
Oolumhus Hocking Val. A Tol' 28% 29'8 30
30% 3014 30% 30
80%
I>elaware A Hudson
124 124% 123% 124S 12219 123%
122% 123%
Delaware F.ackawauna A West 139% 140
138% 140
138% 189% 139% 141
Denver A Rio Grande
17
I7''e
17'8 181*
17% 17%
17%
^^o
45% 45% 46
pref'
46
46
46
45
43%
'6
East Tennessee Va. A Oa
•6
•6
7
7
7
6%
0%
•43
50
Ist pref! •43
•44
J*o
50
•45
SO
55
Do
2d pref •13
14>s •13
14
14%
14
•13%
14%
Kvansvllle A Terre Haute
*118 122
119 123
12i
119 120
Great Northern, pref.
1221a 1221, 122% 122% •123
125
123
Illinois Central
lOS 1081s 108 108% 107% 10?% 108% 123
108%
lows Central
12ie 12 >s
12% 14
13% 14% 14% 15%
Do
36
37
37% 3914 38% 40% 40% 44%
pref*
I<ake Erie 4 Western ........'
22
221*
22
22% 21% 21% 21% 21%
Do
69
pref
69% 70
691s
69% 69% 09% 69%|
Lake Shore A Mich. Southern! 125 125% 124% 125
124% 124% 123% 125%
Lone Island
*95iii 961s
95% 95% •95
96% '95
»6%l
Loulsvillp
94% Mm. 10
020 4NAnc. •
»80 7]%Jaa: •
18,100 47%Jalr 80
60
•140
—
'
100.978
01
84
Sfl%
•140% 141
.
pref*
84
80%
39% 89%
sm
Do
l>M. 9(5
03% ea%
00
*3e
40
39>9 39>«
30
80 14
Ohlcajro A Alton
139's 139^8 138
143
141 141
OhlcftKO BiirlliiKton A QuVncy! 106«B 107\ 10718
108
107
10S%
Chloatro & Eastern Illinois..
6719 OS's
Hit
09 >• •
70
Do
pref xODislOO
*
lOOifl 101
lOCi
Oiloaeo .Milwaukee A 8t. raiiL
7i»'« 800h
SOOf.
80^ 81%
""
pret 128% 123% 122>« 123% 12314 123*4
..
GhloaKO A North western .... llfiinllftTj 1151,118
;i5'4ll5'8
Do
14008 140% 141
pref
140^8 140'a
^IcaRo Rock Island A Paolflo! 88'8 80'8 89 141
9018
88% 89»8
CbloaKO St. Paul Mlun. A Om.
39% 40
40
40% 40% 43
Do
107 107
pref
107% 107% 107% 108
Oleve. Clnoln. CWo. A St. L.
1170% 72i«
7014 71 19
70
71%
—
mJS^.
akara^
112% 113% »«a'«iia
3SI|
8tf>f
1.
««-»»* «t4il«Mtl.
Ll^l
>*uuf.
44% 40%
5% A%
•00
»i
62% 88%
113
38\ '32%
«4T,
a^ H,^ JAIT
DUO. «».
HR.
AetlT«
Ix>ul«v.
BM
I
I
Loweet
2li«(>ct.
ft
9ft
81
100%
107%
t
Pakw 1ft
Jaa. 14
Jan. 14
S4%Julr80 4I%«VI. IS
80
42.753 76
diT.
7
Nov. 12
Not. 5
ili^Jsn. 17
32% Mat
41% rekk
U ex dlr
9n
Jan.
Jan
/
Pee 94
*a% HrpMS
.
.
SEW rOSK STOCK EXCHiNftE PRICES
Bee.
lK.iCTrTE Stocks
Bid.
f Indicates unlisted.
Range
24.
I
Railroad Stocks.
JJabama & VictliurglT....... ..100
100 162
Albany & Susquehanna
Ask.
in 1891.
IT
&
90
150
Nov. 1671a
135
99
30
29
74
20
13
June 140 May
June 10,31a Feb,
30 Apr.
Apr.
Pieferred
Burl. Cedar Rapids
&
No
32
76
}
165
3=8
314
20
18
7
14
SECURITIES.
1
New York
Bank of New York...
We
$
&
Com
Central National,.
Seoouil National
1
Ninth National....
First National
Third National
H. y. Nat'l lixchange
Bowery
New
l,500,f.
-.J.OOO.ti
"i
ork County.
Qerman.Amerlcan "
Chase National
"]
Fifth Avenue
.
ttermaii Exchange".'."
Gennanla
United States
'.
Uncoln
Barfleld
"
Fifth National
Bank of tlte Metrop...
West .Side
Bealioarrt
Bbnth Natlotial..!""
Wealem NationaL...
tint Natioual,B'klyD
250.0
3,200,0
2,000,0
300,0
750.0
600,0
1,000.0
300,0
250,0
200,1,
760,0
600,r
lOO.C
200,0
200,0
600.0
300,0
200,0
150,0
3U0,0
200.0
600.0
200,0
2.100.0
300,0
l.P66,g
i.5i'0.;<
P79,8
2,029,6
2,197,7
452,2
2,42V,0
12(1,6
6,723,0
161,5
1,511,7
308,2
420,9
160.3
662,1
70,1)
2,087,6
3,423,5
1,691,8
1,031,4
43S,4
9ti0,8
820,5
31 8,;^
584.4
1,740,8
323,3
440,4
250,.i
797,7
120,7
258.0
l,2lO.S'
280.8
416.SI
5,3!-3,8
2,814,5
144,6
1,798,4
548,2
4Ud,3
2i32,2
8,805.7
43.5
164,0
600,3
571,7
293,>
1,050,4
84H.4
643.1
493,3
618.8
370,4
391,7
313,9
649,3
253,3
198,8
362.U
184 2
7H3,3
Apr
Dec.
9% Sept.
171a Dec.
Mar.
10
149
45
118
83
134
Oct.
113
Jan.
150
123
7812 June 83
Feb
Feb.
Dec.
lot's Mar.
June 21 Jan.
9612 Oct.
9
69
81
92
7713
14
'36" IO312
23 ij
21
12
June
80
86
93
July
Juue
1938 Jan.
July
Jan.
Mar.
July
40
16
May
20
Jan.
'31
15
68
148
30
12
38
260
ii6" 104
23
61
16
25
83
Mar.
May
35
54
Dec
Oct.
13
Dec.
Sept
451a Dec.
Aug.
May
Dec.
Fell.
May
Oct.
67g Jan.
3%
19
14
40
137
Dec.
Mar.
42=8 Jan.l
May 290
Nov. 110
21
32i« Nov,
38
'2178
Dee.
Dec.
211s Sept
181a Oct.
22 Oct.
91a July
451a
Mar.
July
Mar.
40
Dec.
Mar. 19^8
Nov. 70
Jan. 145
Feb.
Feb.
Apr.
Jan.
Feb.
10
Consolidated 4s
68
Rhode Island— 6s,
's'g'ia
South Carolina—
IjtgaU.
Uevoaitt.
«
S
t
'»
12,110,0
10,398,0
7,083,0
8,550,0
15,687,4
4.812,0
11,464,9
1.957,3
22,742.0
3,569,3
6,405,6
1,635,7
2,360,0
1,160,9
3,109,4
1,410.1
3,215,4
1H,234,0
19,100,5
5.9B7.1
8.286,7
2,676,7
11,460.0
6,958,8
2,093,6
4,607,1
15,340,8
3,032,0
2,92f.,l
2,424,4
3,94 i,8
1,893,4
2.880,0
7,744,0
4,700,0
2,0511,0
23.8o4,5
22,270,6
1,183,1
2l!,9i)ij.0
7.422,0
4,539.0
2,572.0
23.43b,7
3,784,2
1.481.9
2,560,0
2,873,4
2,839,7
12,927,8
4,679,9
2,846,5
2,«52,4
5.719.2
4,028,6
3,22t<,'J
1,790,2
4,216,2
2,133,0
3,528,0
1,514,0
9.934,8
3.860,0
1,820,0
2,840.0
2,238,5
1,797,0
1,230,0
2,792,1
1,007,0
3,349,4
1,087,7
301,9
6,214,4
540,6
9c8,P
330,4
586,0
139,7
646,0
203,0
1,242,0
138,6
l,93'^,i'
413,4
322,8
209,4
310,0
100,4
233.7
295,0
126,4
652,4
305,0
229,5
4,424,0
2,672,8
73,7
483,S
1,201,0
2,135,9
217.2
596,9
498,0
l,003,7
2.178.9
4 6.',2
2.0,^4,e
1,106,8
1,574,0
678,1
474.7
079,8
4,929,3
613,7
874,7
343,8
669,6
301,2
357,8
5I'5,9
11,440,0
11,230,0
7,877,5
7,5.'.2,0
15,481,3
4,852,0
13,087,11
1.889,2
24,070,0
4,036,1
4,617,0
1,843,9
2,460,0
1,041,2
2,698,6
1,526.9
5,601,5
16,175,0
14.710.0
4,676,2
»,18i,5
3,457,1
1'2,933.2
6,378,4
3.408,7
4,»8.J,S
238,1
185,0
17,204.4
2,9S0,0
3,550,0
297,1;
li,798,4
4,049,0
2,032,3
8,373,0
623,0
413.9
227,8
403,0
1,133,1
49'4,0
7,06.8,8
206,6
119,9
171,7
5,160,2
2,140,0
26.533.0
144,4
1
6,7 26.t
6,838,7
lOS.o
4,543,2
1,799,0
1,138,0
968,4
5,407,0
407,1
133,5
871,ti
800.0
417,2
2,673,9
90l,b
214,2
295.0
1,358.4
814,8
787,4
319,0
918,4
4!14,0
l,i61,0
215,0
1,574,0
9i'i,o
5.<2,4
1,652.0
2 702.7
]
202,8
522,8
551,0
981a
27,5.55.8
1.078,4
22,388,5
8,397,0
6,181,0
3,653,8
2^.673,6
3,7,'4.1
1,381,8
3,145,0
3.417,5
2,601,1
15,001,7
4,877,0
3,515,7
3,212,6
8.33.1.7
4.319,1
3,987,8
l,9i!9,6
4,H94,7
2,318.0
4,880,0
1,302,0
10,411,9
4,264,0
69. H72.7 86.007,9 422.'i40.2 94.440.3
36.356 7 446,3 :;8,0
Bid,
Ask.
98
99
72
106
108
6s, consolidated bonds
6s, consolidated, 2d series, rcots,
63. deferred, t'st rec'ts, stamped
i'2'i
2%l
New Vork
H
Banks.
Survlus.
Loam.
Specie.
*
»
«
124,30.3,7 408,60»,P
••
28.... 124,303,7 412.453.3
Dec. 5
124,30,-!,7 417.918.1
"
12 ... 124,303,7 417.995,1
"
19... 126,330,6 422,840,2
—
1'3....
"
19....
5...
"
"
5
35,79,3,7
13
19
h'^ali.
35,793,7
35,793,7
...
-.
$
5,900,.j 137,803.6 4,136.8 104,628.7
6.96H.3 137,'140,3 4.137 8 07,717.5
6,9j0,1 136,311,8 4,105,0 04,659,0
theae llinref.
due to other
fleBOrtSe.t ri'c''''i Olearinti.
28,655,0
28,726,0
29,003,0
96,020,0
95,709,0
94,999,0
• Tr«o.iiittH).9cip'ier3 In all
lelDhia. the itetn "
9
(la'
87,970,8 30.932,4 422.321,8 3,574.8 712,807,7
88,589,9 38,120,7 427.313... .'i.Oll. 01631. 189.9
89,82^,.^ 35,531,8 13i,988,7 5.51-13.1745,818.0
da,985,9 34,644.9 438,88.5,2 5,.ifl9.8 731,866 1
94,440,3 36,353,7 146,538,0 6,589,8, 728,98S.S
64.642,9 154,981,4 10,268,1
64,642.9 156,157,1 9.889,9
64,642,9 156,140,1 9,372,8
Pbila."
Dec.
71 ij
Hoston and Pliiladelpliia iianks:
City.
N. Vork.*
Nov. 21 ...
Doc.
"
71
50
60
Vir.ginia--6«. old
t
69. iion-fund.l8S8
Specie.
SECURITIES.
'B.C.
4
1910
1919
cou.. 1893-1894
24.
(cont.)— Brown cousol.68.1893
Tennessee— 6s, old
1892-1898
Comi romise, 3-4-5-68
1912
New settlement, 68
1913
5s
1913
38
1913
Ask,
3
for the week ending Dec"
omit two ciphers(00) in all cases.
*
?,000.0
2.050,0
2,000,0
2,000,0
Ameiica
3,000,0
Phenlx
1,000,0
Oity
1,000,0
Tradesmen's
750,0
Chemical
300,0
MerchaDts' Exchange
600,0
Chillatiu National
1,000,0
Butchers' & Drovers*.
300,0
Mechanics'
Traders
400.0
Oreeuwich
200,0
Iieatnel Mannfact'rs.
600,0
Seventh National
300,0
State of New York.... 1,200,0
American Exchange.. 5,000,0
Commerce
6,000,0
Broa^lway
1,000,0
Mercantile
1,000,0
Paoidc
422,7
Bepnblic
1,500,0
Ohath»m
450,0
Peoples'
200,0
Horth America
700,0
Hanover
1,000,0
Irving
500,0
OltiEens'
600,0
Massan
600.0
Market* Pulton
750,0
St Nicholas
800,0
Shoe & Le,ather
600,0
Kxchange
1,000,0
ContinentaL
1,000,0
Orients
300,0
Xast River
Fourth National
RR
Special tax, Class 1
107
Sun>l«t.
Manhattan Co
Park
Chatham
15
105
Cavltal.
Merchants'
Mechauics'
& Traders
971-2
Bank Statement
City
19, 1891, is as follows.
Importers'
Bid.
1893 102
North Carolina— 6s, old
J&J 30
Funding act
1900 10
New bonds, J. & J
1892-1898
20
92I2
87I2
Dec.
100
I
SECURITIES.
l('7ia;108
5
May
Kliscellaneons Stocks.
New York—6s, loan
102 Is 104
96
7
155
Aug. 185
10
36
77
week
Ask.
Bid.
1906
Class B, 58
1906
Class C, 4s
1906
Currency funding 4s
1920
Arkansas—6s,fund.Hol. 1899-1900
do. Non-Holford
78, Arkansas Central HR
5ui8iana— 7s, cons
1914
Stamped 4s
Ki»Bniiri— F11111I
] 894-1 895
to 5
'
Bighett.
5
Feb.
2612 Jan.
55 Feb.
3 Dec.
3214
NEW YORK STOCK EXCHANGE TRICES.—STATE BONDS DECEMBER
.Alabama— Class A, 4
Lowest.
175
10
9
10(>
100
100
100
100
Adams Express
100 il49
America n Bank Note Coll
43
American Express
100 116
Am. Telegraph & Cable
100 ! 821a
American Tobacco Co., pref ..100
Brunswick Companv
100
Chic June. Ry. & Stock Yards. 100 ! 78
Preferred
100
Citizens' Gas of Brooklyn
100 90^8
Columbus & Hocking Coal
100
Commercial Cable
100
Consol. Coal of Maryland
100 26
Laclede Gas
100 J 20=8
Do
pref
100
Lehigh & Wilkes. Coal If
16
Maryland Coal
100 ; 24%
Minnesota Iron
100 ; 76
National Linseed Oil Co
100 J 29
National Starch Mfg. Co
100
New Central Coal
11
100
Ontario Silver Mining
100 x45
Pennsylvania Coal
50 255
P. Lorillard Co. pref
100 106
Phila. Natural Gas
50
'36
Postal Telegraph— CableU
Quicksilver Mining
100 ; 4i«
Preferred
100 ; 20
Texas Pacific Land Trust
100
U. S. Express
100 ; 52
Wells, Fargo Express
100 ;i42
. .
price Friday; latest price this
100 168
South Carolina
Toledo Peoria & Westernll
Toledo St. Louis & K. CityH
Virginia Midland
im
.
& Saratoga
&
&
H
Raiiqe (sates) in 1891
Ask.
Bid.
St. Joseph
Grand Island
St. Louis Alton
T.
St. L.
San Fran. Ist pref
100 25
28
100 4014
Jan.
43>e Sept.
79 19
100 79
Jan,
811s Aug.
45
& Nor
100 32
Apr.
40 Nov.
California PaciflcTT
100
Sept. 14
Oct.
100
9 Aug,
Cedar Falls & Minnesota
3% Mar.
Cleveland & Pitt sburj;
50 151 156 144 June 152 Jan.
100
Columbia & Greenville pf
I>es Moines & Fort Dodge
100
778 Sept.
7
7h 419 Feb.
20
Preferred
100 14
12 Feb.
15 Mar.
8I4 Sept.
Dnluth S. hore & Atlan.H
100
5
Apr.
61a
100 , 15
16
12 Sept. 17% Oct,
Preferredll
lOOlj 27% 2838 I6I5 June
Hint & Pere Marquette
281a Dec.
76I4 Oct.
Praferred
100 84
8713 Dec.
87
Oeorgia PaciflcIT
100
5
7
6 July
8% Jan.
Oreen Bay Win. & St. Paul.... 100 J
1158
5 July
12% Oct.
Houston &Texas Central
413 Aug.
1001
4
2
Jan.
51a
Illinois Central leased lines
100 90 100
90 July 96 May
Kanawha & Michigan
100 10
12
10 Sept 16 Feb.
Keokuk & Des Moines
6 Aug.
100
1
Feb.
Preferred
100
13% Nov.
7 Jan
liOuisv. Evans. & St. Lo., cons. 100
25 Ang
301a Jan.
Preferred
100
55 Jan.
63 Jan.
Louisv. St. Louis ATexas
100 14
5 Mar.
18 Jan.
15's
Hahoning Coal
50:
90 Deo.
80
85
70 July
Preferred
50 100 115 101 Apr. IO913 Apr.
Memphis & Charleston
2238 Oct.
25
40 Jan.
Mexican National
100
5 Jan.
51a Aug.
:orris & Essex
50 143i« 145 1371s July 1481a Mar.
Y. Lack. & Western
100 log's
104 Jan. 110 Mar.
Y. & Northern pref
100 16
17
16 Mar.
22 Apr.
Peoria & Eastern
100 10% 12
June 12 Dec.
5
Pitts. Ft. Wayne & Chicago.
lOO 154
149 Jan. 1541s Dec.
Pittsburg & Western
50
Brooklvn ElevatedT
Buffalo" Eochester & Pitts
Dee. 24.
Indicates unlisted.
Eensselaer
May
147
Indicates actual sales.)
(t
Inactive Stocks.
Highest.
Lm
[Vol.
iCoatiaae(l)~LyAOTlVE STOCKS.
(sales)
Lowest.
165
85
Charlotte Air LIT... .100
Belleville & South. 111. pref....lOO 130
Boston&N.Y. Air Line pref
100
'
"
THE CHRONICLR
9f)2
Atlanta
-
t
73 461,6
82,058,3
85,554,S
98,926,o'3,423,n
96,143.0 3,4i8,0
96,063,0 3,388.0
Ino^uJUg, for Bjston and Phila-
banlcs."
City Railroad Seenritles— Brokers' Q'aotations.
Atlantic Av., B'klyn.St'k.
Gen.
il.,3s,
1909...Ajto 100
Bl'cKerSt. Jt I'al.i'. —stk. 27
l8tmort.,73., 1900-.J&J 110
Br'dway
fe
7th.i-V.--St'K.. 190
Ist mort., 68, 1904
.J&D 100
2d mort, 5a, 19 14... J A J, 100
'^4 100
B'way Ist, 5s, gu
2nd 68, int. as rent., '03. 92
'.70
Brooklyn City- Stock
1st mort., 58, 1902. .J&J 100
B'klynerosst'nSs., 1908 108
Bkn.O'y.!JN'n5.s,1938 J.tJ 103
Oeatral Cro33towu— St'k.. 135
Ist mort., 6s,1922.M&N 115
Oant. Pk.N.Ji. E.Riv.— .Stk. 118
Consols. 73, 1902 ...JifcD 115
Ory Dk.E.B.A Bat'y— Stk. 123
Ist mort 79. 1893.. J.tD 100
.
110
105
30
114
193
103
104
104
05
Bid.
Imerica
200
Vin. Exoh... 149
Bowery
305
Broadway... 280
Batohs'A Uc. 180
Oentral
0;ia.4e
Ciiatham
Oiietnical
City
Oitizens'
207
155
313
280
;80
190
Oaucinoutal
Oorn Exch...
Deposit
aast Kiver..
135
17S
102
250
115
121
117
126
103
220
J&JlloS
1st M., 58, 1937
Twenty.third St.— Stock. .|230
.1102
Istmort. 7». 1893
Fourth
prices of
Bid.
115
,
1
.i35
Park
400
227
193
250
7
Metropolis... 376
10
Merchants'.
Merch'ts Ex.
Metropolitan
Mt. Morris
..
Hill.
250
300
165
109
230
105
41
113
61
iSl"
102
B*
1113
175
280
111
240
104
Art.
23T" 240
160
190
250
ICl
210
week.
Bid.
Idth Ward.. 180
N. America.. 180
225
Oriental
190
Paoittc
330
145
345
535
1b2
tiiis
BANKS.
New York...
87
94
100
168
N.y. Coanty. 830
N.Y.Nat.Ex. 130
Ninth
103
222
185
185
216
150
122
Murray
Nassau
I
123
380
181
Mercantile...
175
Ask.
181
M'ohs'&Trs'.
1
M&N
bank stocks
310
400
Meclianics*..
300
2300
10«
170
170
Ave.— Stock
Third Ave.- Stock
I
.Sixth
lm. & Trad's'
Irving
Leather Mis'
Lincoln
Manhattan...
Market* Ful
1
Fifth
first
First N., 8. 1.
14th Street..
lat mort., 5s, 1909.
Hanover
Hod. Kiver.. 142
165
St.
Ave
Se.nd Ave.— Stock
Greenwich..
nth Ward...
fifth Ave
200U
Gr'ud
Niiiih
Germania
141
255
A
P'ry-Stk. 240
A&O 102
l42dSt. Manh.Ji St.N.Ave.l 38
Ist mot t., 8s, 1910.. MAS 110
J&Ji 49
2d 1I„ iucome,6a
Hoast. VV.St.dk i".t."'y—lStK.' 200
Ist mort., 7s, 1894. .J&J ;i00
Garhold
L^olumbia
99
200
Ist mort., 7a, 1893.
German Am. 121
Gorman Ex. 310
4400 4800
430
155
42d
I
iallatln
18a
128 "3 128
IIU
no 425
I
Av.— Stock
EighthAv,— Scrip, 68, 1914 103
1
BANKS,
Ask.
230
Oommerce... .84
Scrip
llBigllth
110
105
140
117
Bank Stoek List— Latest
BANKS.
Drv Dock B, B'y & B.—
]
295
i95
Phenix
130
Produce Ex. IIS
Republic
170
112
220
310
People's
Seaboard
Second
'Seventh
13.-.
122
180
173^
A->r,
„
123
Shoe&l.e.ith. 130
Nicholas. 123
[State otN.Y. 109
Third
100
100
Unit'd States 200
120
Western
W«.*t ..^ide.
100
St.
116
105
110
.
..
125
•
I
J
.
THE CHllONICLE
DR(?Bt(BKR 36,
1891,J
968
BOSTON. PHILADELPHIA AND BALTIMQBg
gTOCK
B»turd»y,
Doc. lU.
Deo. 31.
Boston A Albany Bmton) 100 '."".".'.' i07"i«
Boston A Lowell
**
loO •IT.'i's 170««
Boston A Maine
"
loo io.'>>4 lue
Oetitral of Mass.
"
JOO
"
Preferred
loo •32
33
Ohlc.Bur.AQuln.
"
100 100% 107!^
Ohio. Mil. A St. P. fPhU.t.lW
80
80>3
Ohio. A W. Mieh. ( Breton) .i.00 •44
....
Clove. A Canton
"
•Sis
loo
"
Preferred
lOO 20
21
Fltohburgprof.
"
loO 80
80
Fl. A Perc Marq.
"
lOO 27
"
Preferred
loO 82>s 83
Hunt. ABr.Top.CP/ti/o;. 50 27
27%
"
Preferred
to *48'a 49''8
"
Lebltch V.illey
50 60
50>8
aCaiue Central (Boslon).\00 117 117
••
Mexican Central
100 21Ts 2214
•
». Y. A N. Eug.
100 3918 3906
"
Preferred
loO *97»s.
Kortbern Central f ««/«.;. 50
Northern Paolttc (Phila.j.lOO 24»8 25
"
Preferred
lOO 68!U oa"*
Old Colony
(Boston) 100 166
160
Pennsylvania.. (Phila.). 50
56% 66'8
Fhllatfel. & EHe.
"
50
Phlla. .V K«ading
"
50
19%
Bummit Branch fBosfon;. 50 19»U
.
"
Union I'aclftc
100 43»s
United Co.s.ofN.J.rP/u7o.;iOO '226
9i8
WesternK. Y. APaCPAiVa.; 100
43%
..
Rllacellanenna Stocks.
Am.SuK'rRean.H (Boston) ....
Preferred
Bell Telephone ..
Host. A Montana
Butte A Boston..
"
'•
"
ioo 199
25 36
"
25
Oalumet A Uccia
"
25
Canton Co
(BaU.).1.00
"
Consolidated Gas
100
Brie Telephone (Boston). 100
iamson Store Ser. "
50
Iiehi'h Coal&Nav 'FAM.y
50
N.Eng Telephone r/?')sr)i;l0O
.
North Amerlc.in. (PhU.).lOO
Thom.son-H'n El. (BosVn) 25
Preferred
"
25
.
WestEndLand..
*
Bid and
84i«
9219
"
ainlced priees;
Inactive Stocks.
Prices of Dec.
14>fl
31^8
93
200
85>8
130
B
8411
44%
•4%
86 Si
165
16
32
165
17
3t
107i« 108
SOOg 81%
45
6
45
2019
2t>«
801s
80
"2M
86
2716
48^8
27%
80% 8m
45% 461s
•21
80
27%
87I9
e
.....
8OI4
2S%
871,
27%
40
48»8
48^8
I\0%
60
SO
22%
2j
39
39
22%
971a
3919
971a
39'e
971s
60
117
117
22>e
71
25
68I4
167
24% 25%
68% 701.
6»»6
167
167
56% 56'«
34% 34%
10%
•
9%
85
9213
8518
92I9
200
'5%
44% 46%
6
6%
8e% *8B% 86%
•ISO
•lis
108
178%
•
166
17
84
16
32
I4I9
181s
49k
17^8
18
48%
491s
141s
260
60
19'!,
81>4
81
46%
9%
81
0%
8514
91% 01%
8'.%
15
94
99
99
71
•69
26
168
167
25% 25%
70% 71
9%
9%
85% 85%
92%
18%
50%
26%
17%
o
•49
18% 18%
50%
26% 2S%
17% 17%
63
18%
51%
26%
17%
Inactive stocks.
6..535
5.919
1,207
2,050
Ask.
Bid.
Thom.Europ.E.WeId1[ (Boston) 100
Water Power
"
loO
Westing. El. tr. rec.U
"
50
7%Aas.n
MHKvt.t^
n
17
49%
18%
50%
26%
17%
6%
61
Ill
July 31 330 Fak.
July 31
0% Sept. It
And?
61
17
S
I»
58% Jan. 17 03%Bept.n
607 84% Mar. 11 07%BepL*a
472 173
330 Jaa. 14
1,010 34% Deo. 10 80 8epL a
1,6 loi 13
Not. 7 SO 8epL a
18 340 July 31 280 Mar. Sa
49% Jan. 37 62%8ep(. 1
42 An*. I 49 Jaa. I*
43 Dee. 14 60% Mar.
16 Mar. 30 34 Jan. •
•43% 44
51
t.
,
1,385
260
4914
322
8,032
16
53
50
5
88%
49%
4%reb.
32% An*.
3.5',578
205
51
July
39,430 I31S..A1IK. 4 2ll3,.8«p|.»l
85% 86%
92% 92%
43%
81 JuIr 3ll 42MV(A.1|
Jul/ 31 1 16% Jan. ll
63% Juno 17 7t Asfctt
o.iYo
30%Sa^a
22^ -i"!'!^
36,436 88%
July 31' 7'*U««pr«
kOO lot Not.
r
is
13,';6R 49% May
113 04
'
0%
•59
J
15,646
8,787
886 24
44% 46%
60
44
43
17
49%
1.1
n
O
223%
92>4
43%
1.141
90
70
9%
»
"SI
21:1
26%
70% 72%
167%
56% 57
31% 31%
18% 19%
56% 56%
19% I9l>i.
43
53
„
27*4 37%
27% 27%
48% 48% '48% 49
49% BO
49% 40%
116 116
22% 22% 22% 33
39% 40% 80% 40%
15
44
M%
87
15% 15% 15
259% 259% 259% 200
255
•43
•43
il73%
!
Ask.
Bid.
24.
Jn\f 10
KOT. 31
Nor. SO
78% Mar. 7
01 Jaa. 3
41 Mar. IS
» Mar. 14
17 Mar. 14
Ami. 14
Id Mar. IS
Juir SO
70% 70%
3S%
87
•
•
Jnao 17
SO
27%
86
\
Jan.
Jan.
167
18
48
6
24% 23
80
fn:
tit
121 103
8%
2^% 38%
86
43
41% 41
45
223% 223% •223%
16% 16% 17
49
49 le 49
51
51
18
18% 17%
49I3 49%
49%
27
27
Z26%
17% 171s 17%
27
27
37
17
no sale was made.
M .S?
47
r
6
57
4314
43>s
>tl«fe«al
84% Mar. 10 47%
SIO
4%iaa«S0
41,100
198
•
••••ftalMlatMt.
WMk,
akana.
....
....
2001s 200% 201% 20J 204
203
36% 36I4 37
37
37
88% 33% 38
15
?%.
U->t"
22 <4 23%
167i« 167
56% 56%
19'4l9liu
914
98
81
4818
71
25 14
43 <4 43%
I22ais223i»
rrM
Dfw.
107i«108>s 108% 108% 108% 100%
•5i«
85
KTCMAma^
Pi1««a,
Tbiircdajr,
D*c. 34.
I>ec. S3.
1081s 108% 190
1781* 171, •I75i«176
16614 ie6<« 166
165%
•16
17
•»6
17
33 34 •32 34
176>«
260 •257
60
431s 43% 43 >4
*43
43 i« 4319
4878
flftia
133
*
55
51
44%
4T»
Wsdnesdar.
•i97% i08\i 198
255
*
44
•4%....„
QH
.
ot Ft CaalBBi
Doo. %i.
44ap
44V|
"""
.
Prl««a —
Mondkr,
Atoh. T. A 8. Fe (BoiloHJAOO
44>a 44>*
ACaiitIo A Pfto.
"
100
Baltluiorw A Ohio fBal/j 100
"88>i
iBt l>!x'f(^^re(^
"
loo 131 133
2il preferred
"
loO
i
Bhan
17*
Active Stocks.
1 ludluates uulUted
41% July 31 80% Oct. si
47% July 30 53 Mar •
11% June 23 21%Oot. •
x38%4.ni?. 6 62% Sept. at
34% Aug. 11 37 Dee. 14
14 Nor. 3 34% Apr. a*
Bonds.
I.
Bid.
Aak.
iPenna. Consol. 5«,r
1919. Var
»r 112 ..._
3%] Collat. Tr. 4%«
1913, JADI 92%i""!I
13%i|P«. AN. Y. Canal, 7s... 1900, JAD 120
Consol.58
1939, AAO,
i'lO
83% Perklomen, Ist 8er.,5s.l918, Q-J 1U2%,
t
3%
Atlanta A Charlotte [Bait.) 100
90
12%
Bo?ton A Providence (Bos(o(i). 100
248% ..„,
Bonds-Boston.
'"
OamdenAAtanticpf. (Pltila.) 50 25
30
At.Top.AS.F.lOO-yr. lg.,1989. JAJ S 83%
Catawissa
"
50 "57"
9
100-year income 5 g., 1989.Sept. { 66
66% lPoila.AErlegen.M.5s.,1920,AAO
Ist preferred
"
50
Burl. A Mo. Rivet Exempt Os, JAJI §115
Gen. mort, 4 g
1920, AAO
2d preferred
"
50 56%
Non-exempt 6s
1918, JAJ
Phila A Bead, new 4 g.. 1953. JAJ '8i%l
iu^ntral Ohio
(Bait.)
50 63
Plain 48
1910,JAJ; 86%
1st pref. income, 3g, 19M, Feb 1
72%
"
Charl. Col. A Ausu.sta
100
.„„
Chic. Burl. A Nor. 1815,1926, AAO 102 II03
2d pref. income, 5 g, 1953, Feb. l
63
ionneotlcut A Pass. (Boston). 100
2d mort. 6s
1918, JAD 101%il02
3d pref. Income, 5 g, 1958. Feb. 1 37
ST?*
"
Connecticut River...
100
Debenture 6s
18D6,JAU 100%
2d, 7s
I8o:l,
AAO
103%
Delaware&Bound Br. (P/»fa.) . 100
Chle.Burl.A Quincy 4»..]922,FAAt 90
93
Consol. mort. 7*
1911, JAD 128
..
Har.Port.s.Mt.Joy&L.
"
50
Iowa Division 4s
loiw, AAO
90
Consol. mort. 6 g
1911, JAD
Kan. C'y Ft. S. A.Mem. (Boston). 100 38
40 Chlc.A W.Mich, gen. 5.s. 1921, JAD
95
ImprovementM. 6 g., 1807, AAO io5«i;;.'
Preferred
"
lOO 115 130
Consol. of Vermont, .^8.1913, JAJ' 91
Con.M.,5
K..stampeil,1922.UAN
103 ..
K. City Mem. A Blrm.
"
100 15
25
Current River, 1st, 5s. .1927, AAOl»i
}».
95
Phil. Wllm. A Bait., 18.1917, AAO
Little ScUuylldll
(P/iila.). 50
67%
Det.Lans. A Nor'nM. 78.1907. JAJiSl07% 103% Pitts. C..\
r
7. ...lOOO. FA.\
|H7Manchester A Law.. (Bosto»). 100
;:;::; E aistcm 1st mort. 6 g., 1908, MAS I .
121% Po'kcepg.Ui3rt, FA.V
55
Maryland Central
(Ball.) 50
I rce.Elk. A M. V.,1 st, 6s. 19:t:i, AAO f 1 2v!
Schuyl.l;
r.m:!!. .I.tiv 10!j i.
Mine Hill A S. Haven (Phita.). 50 "69% 69%
Unstamped 1st, 63
1933, AAO!$ 1 20
Steuben. Aln'l.,1^
';%.
NesniiclioningVal
"
50 55 ...... XK.V.\>.u.(31'iiuK.,ini,.,K.,K'^.l«A.<KV/
K.C.C.A8prlng.,l8t,.'>g.,1925,AAO
CI
..
Jt
95
United N. J., eg.
'1
"
I.
Northern N. U
(Boston). 100
K. C. p. 8. A M. con. Os', 1928, MAN S106^
^4 106% Warren A Frank. ,I>i
.'13%^.
North Pcun.?ylvania. iP/iita.). 50 83
86
K.C.M6m.ABir.,liiU5a,1927,MAS I 65
68
Bonds.—
B.-ilt'inore.
.
Oregon Short Lino. ..rBosto/i;. 100 28% 29
K.C.St. Jo. AC. B., 7s.. 1907, JAJ I
123
Atlanta A Charl., Isl <s, 1907. ,'U 117%|.
Par6ersbur«
(Ball.) 50
L. Bock A Ft. 8., 1st, 7s. .1905, JAJ Jl 90
Income 68
liKN), AAO
.|1«M»%
Pennsylvania AN. W. (PliUa.) 50
Louls.,Ev.ASt.L.,lst,6g.l926,AAO (107
llBaltimore A Ohio Ig., 1035, AAO
BaleiKh A Gaston
(Ball.) 1 00
2m.. 2— 6 g
1936, &A0
86
PItU. A Cuon.,5g...l925, FAA lOJ
....^
Eutlaud
(Boston). 100
3
Mar. H. A Ont., Os
1925, AAO
--,
Stalenlsland, 2d,5g.l926, JAJ
Preferred
72
Exten. 68
1923, JAD §
100 68
:B«I.AOhlo8.W..l»t,4%g.l990.J*J 104% 104%
Seaboard A Roanoke. (Bait.) 100
Mexican Central, 4 e 1911, JAJ 5 72
72%,Cai>eF.AYad.J3or.A..6g.l9ia,JAD 98%
••
1st preferred
100
Ist consol. incomes, 3 g,non-cum.
,
1016. JAD
36%; 37%i! BerieaB.,6K
00
West End
(Boston). 60
72% 72%' 2d consol. incomes, 3s, non-cum. 22>4'
Series C, 6 g
1916. JAD
08
Preferred
"
N. Y. A N.Eng., 1st, 7», 1903, JAJ 5!2o%
50 84
84%
Cent. Ohio, 1% g
llUO.MAe 100
""
West Jersey
1905, JaJ!5U1
(PhUa.). 50
58
1st mort. 6s
11
Charl. Col. AAug. 1st Ts. 1993, JAJ 108
West Jersey A Attan.
"
22
2d mort. 68
1902,FAAao2 |104 Qa.Car. A Nor. Ist 6 (..1920. JAJ 101% loa
50
Western Marylanl..
(Ball.). 50
13
15
2d mort., scaled, 3s... 1902, FA.\'4
....
North. Cent. 6«
190U. JAJI 114
"
Wilm. Col. A Augusta
Ogden. AL. C.,Cou.6s.lU20.AAOS Jt
100 107
6s
VB
104
loot, .#.».«.
4W«,
JAJ II141«
i«^. ......
"
WUmingVuAWeldon
1920Sl22%
Inc.Os
100
Series A,5a
1926,JAJ 110 ll»%
Wisconsin Central... (Boston). 100
Rutland, 1st, 68
1902, MAN s'tKM
20%
192.\AAO 104«J. .......
4%»
Preferred
"
100
1^98, FAA
2d, 5s
Oif.ACIark.,lnt,gii.,6«.l!»:f7\M*Nf
?....»
""
Worc'sLNash.AKoch.
"
100
Prodm.ACum.,I.il. > .
gonds,— Phliadelihia
eny Val.,7 3 los. igiSu, JAJ
KWCKLLANEOUS.
I'ltla. AConuells. Ixt
•••
Allouez Mining
lAtlantlc City Ist 03, g.. 1!)I9,MAN
(Boston). 25
Virginia Mid.. 1st Us
1%
••
1.'
Atlantic Mining
Belvldere Del., Ist, 63.. 1902, JAD
25
10%
2d8eriea.6«
City Passenger BU... (Bait.). 2o
191
65 iCatawlssa, M., 7s......lnOO, FA.V
3d8erlea,6«
.1%
1!
Bay State Gas
4UlSertea. 3-i-5«.....luj.
(Boston). 80
28% 29 ||Char.Cin.AChie.l8t6g,1917, U—
Boston Laud
"
ClearfleldAJelf.,lst,6s.l927,JAJ
»9Ji.. .>i.x.- I'M "I itriia
10
6
&th Series. 5»
"
Centennial Mining...
1900-04, MA8
West Va. C. A P. 1st. 6 g. 19 1 1 . JAJ 107% lUS ,
10
10% 11 Connecting. 6s
Fort 'WayneEltfcti'icK
West':. V.C. Consol. 6 g. 1914. JAJ
"
25
12% 12% ;Del. AB'd Br'k, lst,7s.l905,FAA
lEiistonAAm. l8tM.,.V.l«20,MAN
Franklin Mining
"
14141
WUm. Col. A Aug.. 6s.. 1910, JAD 116
25
1IISCKLI.A.<I((>U.<.
Frencliui'n'sBayL'nd
"
8% 4 llElmir.AWllui.,lHt,6s. 1910, JAJ.
5
Huron .Mining
"
101%
•{Baltlmore-CltyUall6«.l900,0-J 118
25
3% 'Uunt. A Br'd rop,Con.59.'93,AAO
1900. u J
Illinois StoelTl
Lehigh NaT. 4%a
Fandlng6«
"
1914,Q—J> 100
100 78
80
"
2d68,goia
WestMarrl'dKR.6a..l«0J. J.t
Kearsarge Mining....
1897, JAD 100%;
25
10% 12
'100%
Watw 5s
1916. MA.N
General mort. 4%a,g.l924,q—P
Morris Canal guar. 4. (Ph{la.).100
-J
80
"
1916. MA.N
ilLehigh Valley, 1st M... 1498, JAD 112
c5e
Preferred guar. 10
"
200
100
19AI.JAJ 100 1101%
lltlO, MiVrt 136
.e 3%a
Osceola Mining
2d 78
(Boston). 25
27%
[.^tei S>. new. 19.13. JAJ
Consol. 6
lU2d, JAD 126
Pewabie .Mining
"
71% 7a%
25
t iirsa|i<-iik0Uaa.6a
1900. JAD 100%*IO«
1896, MAN 111%
Pullman Palace Car..
"
North Peun. Ist, 7a
186
100
leio.JAD 1IS% 114%
1903, JAJl 128
HOoBaoLoaa,6a
Quincy Mining
"
Gen. M. 78
25
1030.JAJ • 4%
Pennsylvania gen. 6a, r..l910, Var 130
"
Tamarack Mining....
25 153 159
n 5a
HH3. AAO' 107 .101^Consol. 0«,e
ia2%|Enultable oas.qa
"
Tlloms'uElec.Wel'l'g!)
190.V Varl
lOOi
I
I
.
,
;
.
. .
1
jl
.
,
"
I
:
"
,
.
1
1
'
'.'.'.'.'.'.'
I
'
»
I.
'I
,
I
1
I
i
I
I
•
:
1
'
.
M%
1 Uallsied.
}
And aooraed Interest.,
1
Last prloa Hua week.
THE CHRONICLF.
964
»EW YORK STOCK EXCHANGE PRICES
KAnjaoAc mo Miscel. Bonds.
OlOSftlQ
7n(er'»t I'riee
Period. Dec. 24
AtTop.&S.F— 1 OO-yr., 4 g. 1989 J A J
Sept.
66%
j"a' J
75%
1989
100-year income, 5g
Atl.
A Pae.—W.D. inc., 6s. 1910
1937
Brookl'u Elevat'd let, 6, g.l924
1908
guar.,
58
Soutli.—
1st
Can.
1913
2d, 58
Central of N. J.— Cou8.,7s.l89ii
1902
Ooneol., 78
General mortgage, 5 g..l987
Leh.&W.B.,con.,7s,a6'd.l900
1912
do. mortgage, 58
^m. Dock &Imp.,58....1921
Central Pacific— Gold, 6s. .1898
Ches. &01)io— Mort.,6 g..ldl]
19.39
lBtcon80l.,5g
K.&A.Div.,lst con. ,2-4 g.l98i!
do 2dcon.,4g...l989
1911
Ches. O. & 8o. W.— 6g
Ohio. Burl. & Q.— Coii., 78.190?
1913
Debenture.Ss
1922
Denver Division, 4s
Kebraska Extension, 48.1927
Guaranteed. 4 g
8514
14
(Continnei).— ACTIVE
(sales) in
Range
Mar.
38% Mar.
g^a July
69 July
85% Dec.
66% Sept.
75%
92
99
Sept.
Dec.
A A O 111 b. lOS's Apr. 112'8 DecJ A J 107»sb. 102% JiUy 108% Dec.
lOOM
95% Jan. lOOM Dec.
Q-J 116»sb. 115 Jan. llSMDec.
N •119 b. 119% Nov. 123 Mar.
J A J Ill
107 Jan. 11178 May
Q-M 109 b. 108 July 113 Jan.
MAS
MA
M A N 95 a.
A J 109 b.
A J 11 'sb.
A A O 114 b.
MAN
0338b.
J A J 7bis
J A J
80
F A A *108 a.
J A J 126 a.
M A N* lOOJsa.
F A A 92 b.
MAN 'a938b.
J A D no b.
A di O *12l b.
J
J
1
Aug.
AND SINCE
24,
I
BxiuaoAD AND Miscel. Bonds.
Bighest.
16
BONDS DEC.
1891.
Lowest.
75
[Vol.
May
105% July 108% Nov.
107% Aug. 112% Mar.
110% July 117% Mar.
94% May 101% Dec.
JAN.
65% July
64
MAN
AC-
1891.
1,
Olos'ng Banire (stUes) in 1891
Inter" St' Price'
Period. Dec. 24
Htg\e$U
Lowest.
1
A J 132%
A O[l04 b
N.Y. Central-Extend.,58.1893 M A N;101%b
1903 J & Jll26iiib
1st, coupon, 7s
Debeu..5s, coup., 1884.. 1904 M A S!107%b,
N. Y. A Harlem— 78, reg... 1900 M A N|*120 b.
N.Y. Chic. ASt. L.—4g..-1937 A A O 95%
N.Y. Elevated— 7s....
1906
A 114 b.
N.Y. Lack. A W.— l8t, 6e..l921
A 127%b.
*109 b.
1923 F A
Con.structiou, 5s
134%b.
N.Y.L.E.A\V.— Ist,con.,7g.l920 M A
Long Dock, 78
1893 J A D;i03%b.
Consol., 6 g
1935 A A Oill5%b.
2d consol., 6 g
1969 J A D 106%
N.Y. Ont. A W.— 1st, 6 g.. 1914 MAS 113%b.
Consol. let, 5g
1939 J A D 100 a.
N. Y.sus. AW.— Istret, 5 g. 1937 J A J 101%
Midland of N. J.,6g
1910 AA O 11)%
Norf. A W.— 100-year, 5 g.l990 J A J 93 b.
North.Pac— lst,coup.,6g.l921
A J 118%
General, 2d, coup., 6 g..l933
A O 11258b.
General, 3d, coup., 6 g..l937
A D 10614b.
Consol. mort.,5g
19S9
A D 80%
Cliie. A N.P.— let, 5 g...l940
A O 79 14
North. Pae. AMon.— 6g...l938 MAS 103
North. Pao. Ter. Co.— 6 g..l933 J A J 108%
Ohio AMiss.—Cous.8.I.,78. 1898 J A J 113 b.
Consol., 78
1898 J A J 11314b.
Ohio Southern— Ist, 6 g...l921 J A D 106 b.
General mort., 4 g
1921 MAN 64
Omaha A St. Louis— 1 g 1937 J A J 56 b.
Oregon Imp. Co.— Ist, 6 g. 1910
A D 101
Consol., 5 g
1939
& O 69%
Ore.R.ANav Co.— let, 6 g. 1909
A J 112
Cousol..5g
1925
AD 93
Pa. Co. — 4%g., coupon
1921
A J 107 %b.
Peo. Deo. A Evansv.— 6 g. 1920
A J *112 a.
Evansville Div., 6g....l920
A S 104 b.
2d uiort.,5e
.....1926 MAN 7014
Phila. A Read.- Gen., 4 g.l958 J A J 85%
Sash. Ch. A St.L.— 1st, 78.1913 J
1928 A
Con., 5g
124
July
102%
Oct.
132% Dec.
107% May
100% Nov. 10314 Mar.
I2314 Aug. 127i4Apr.
104 Oct. 110 Jan.
II6I4 Nov. 123
Mar.
89 July
9558 Sept.
109 July 115 Apr.
125 July 132 Jan.
107% Nov. 10934 Juue
132% Oct. 137% Feb.
103 June 107% Apr.
115 Jau. 120 Sept.
96 Juue 107>4 Nov.
110 Mar. 1 15 Feb.
90 June
77 Dec.
94 Jan.
July 80 Dec.
111% May
103% Aug. 114 June
88 June
117% July 125 Dec.
113 J:in.
95% Aug. 102% Apr.
109 May
86 Sept. 95 Jan.
106 Dec.
80 July
89% Dec.
76% July
10858 June 116 Oct.
76% July
Chic. & E. 111.— lBt,8.f.,68.1907
118% Nov. 122% Dec.
1934
101 Sept.
ConBO).,6g
95 Jan. 100 Apr.
104 July
General consol. l8t,58..1937 -MAN 97
94 b. 81 Apr. 96 Dec.
108 14 July
Chicago &Erie— 1st, 4-5 g.l982
26 J une 48% Dec.
1982 Oct'b'r 48»8
107 July
Income, 58
A
80% Aug. 92% Apr.
88
I8t,5g.l937
Chic. Gas I..
101% July
A 129Sj 120 Jan. 129% Dec.
Chic.Mil.&St.P.— Cou.7s.1905
55 J an.
A
115>4b. 108% Aug. 116
Dec.
50 June
1st, SoutUwcBt Div., 68.1909
A
117
no Jan. 117 Doc.
90 Jan.
let. Bo. Mln. Div.. Gs.... 1910
A 108% 104 Jan. 108% Dec.
Ist.Ch.&Pao W.Div., 58.1921
58 July
A 102%
94 Aug. 103 Dec.
10514 Sept.
Chic. &Mo.Riv.«i\-., 59.1926
A J* lOoisb. 100% July 106 Nov.
WlB. & Minn. Div., 5 g..l921
85 Aug.
AJ* 105 igb. 100 Mar. 106% Doc.
1914
102 July
Terminals g
A J H8iab. 81% July 88% Dec.
100 Jan.
Gen. M., 4 g., series A... 1989
A D Ill b. 107% Jan. 112% Dec.
M11W.& North.— M.L., 6s. 1910
95 .Tan.
A D Ill b. 107 Jan. 112% Nov.
1913
Ist, con., 68
66 Jan.
Chic. &K.\V.—Cou80l., 78.. 1915 Q-F 136 b. 131% Aug. 139% Apr.
74% Aug.
1902 J A D 123 b. 121 June 127% Feb.
Coupon, gold, 78
Ist pref. income. 5 g
1958 Feb.
72%
47% Miir.
1929
O
HI July 115 Feb.
2d pref. income, 5 g
1953 Feb.
53
Sinking land, 6s
32 Mar.
25 14 Mar.
1929 A A O 108 b. 105 Jan. 109 Sept.
3d i)ref. income, 5 g
37
Blnking fund, 5s
1958 Feb.
N 106% 1021.1 July 109 Feu
Pittsburg A Western- 4 g.l917 J A J 84%
Blnkiug fund deben„ 58.1933
75% Jan.
N 105% 101% Nov. 105% Apr. Rich ADanv.— Cou.,6g..l915 J A J 113
1909
25-year debenture, .5
107% Sept.
1926 F A A 98 a. 93 Oct. 100 Jan.
Consul., 5 g
Extension, 48
1936 A A O 82 b. 75 Dec.
100 a. 92% July 100% Jan.
Chic. Peo. & St. Louis— 5 g.l928
Rich.AW.P.rer.-Trii8t,6g.l897 F A A 92
82 Sept.
Chic. R.l.&Pac— 68, coup. 1917 J A J 125 b. 118%July 12714 Feb.
Con. Ist A col. trust, 5 g. 19 14
62%
4914 Dec,
95I4 Mar. 103% Dec.
Extension and col., 58. .1934 J A J IO314
Rio G. Western- 1st, 4 g..l939 J A J 7978
73 14 Aug.
Chic. Bt.L.&Pitt,-Cou.,5g. 1932 A A O '105 b. 100 Feb. 103
May R. W. A Ogd.- Con., 58... 1922 A A O 112 b. 105 Jan.
Chic. St. P. M. &0.— 6s. ...1930 J A D 119%b. II314 June 12014 Nov.
St. Jo. A Gr. Island— 6 g.. 1925
90 b. 82% Mar.
Cleveland & Canton— 5 .. .1917 J A J 87%
86 Nov. 91%.May
St.L. Alt. AT. H.— 1st, 7s. 1894 J A J 110%b 108
June
Oct. 132 Fob.
C. C. C. & I.— Consol. .7 g.l914 JA D» 127 %b. 128
2a pref., 7s
1894 F A A 105%b, 101 Aug.
J
A
J
118
113
July
General consol.. 6 e
1934
121 Mar.
b.
St. L. A IrouMt.— I8t7s...l892 P A A 103%b. 100% Aug.
C.C.C.&St.L.—Peo.&E.48.1940 A A O 80
73 Juue 81% Sept.
2d,7g
106 b. 104 Nov.
1897
Income, 48
1990 April. 28%
16 Juue 29% Sept.
Cairo Ark. A Texas, 7 g.. 1897 J A D 105 b, 103% July
Col. Coal Alron— 6g
1900 F A A 101 %b. 98% Oct. 106 Jan.
Gen. R'y A land gr.,5g..l931 A A O 86
51 May
Col. midland— Con., 4 g...l940 F A A 7278
N 112 b, 108 June
62 Apr. 73 14 Dec.
St.L. ASan Fr.— 6 g., CI. A. 1906
Col.H.Val.&Tol.— Cou.,5g.l931
88%
78% Aug. 89% Oct.
1906
112 b 106% June
6 g.. Class B
1904 J A D 93
General, 6g
SO July 91% Nov.
6 g., CLiss C
1906JMA N 112 b 107 June
Denver & Rio G.— 1st, 7 g. 1900
116 b. 11438June 119% Feb.
General mort., 6 g
1931 J A J 109 b, 103 July
1936 J A J 81%
1st consol., 4 g
77 Aug. 83 Feb.
St.L.So.We9t.—Ist;49,g..l989
A N 70%
64% Nov.
Det.B. City& Alpena— 6 g.l91;<
it
J 80 a. 80
Deo.
2d, 48, g,,lnoome
96% Feb.
1989!j A J 34%
25 Aug.
Det.Mac.&M.— L'dgrants.l911
A O 3f<:'4
29% Jan. 33% Dec. S.P.M.AM.— D.Ik. Ex., 6 g.l910 M & N;113%b. 114 May
DuL & Iron Range— 58.. ..1937
A O • 96 a. 94% Nov. 100% May
Ist consol., 6 g
A J 121 b 111 July
1933
Dul. So. 8h. & Atl.— 5 g. ... 1937
A .1 98%
85 July 99% Dec.
do
reduced to 4% g...
A J 98% 97 July
E.Tenn.V &G.— Con., 5g.l956
A N 96 b. 90 Nov, 104 Jau.
Montana Extension, 4 g.l937
A D 86 b, 80 Jan.
Knoxville & Ohio, 6 g...l925
A J •106 b. 102 July 109% Apr. SanA.AAran. P.— Ist,6g.l916 A J 61 b. 61 Oct.
Eliz. Lex. &Big8au.— 6 g.l902
80 b. 80 Oct.
95 Jau.
Ist, 6 g
1926
A J 61 b. 61 Oct.
Ft W. ADenv. City— 6g..l921 J A D 98%
93 Aug. 105 Jau.
SeattleLS.AE.-lst.gu. 6.1931
A A 95
95 Aug.
6al.H.&8an An.-W.Dlv.lst,5 g.
91% July 97 14 Oct.
107% 102 Aug.
80. Car.— 1st, 6 g., ex coup. 1920
Han. & St. Jos.- Cons., 6S-1911
A S 117'8l) 110 Mar. 117% Dec.
Income,6s
1931
18%
13 Jan.
Illinois Central— 4 g
1952 A A Ol 961a
93% Nov. 97 Mar. So. Pae, Ariz.— 6 g
1909-10 J A J 101
100 Sept.
Int. A Gt. No.— 1st, 6 g
1919
A N|117 b. 109% July 118 Dec. 80. Pacific, Cal.— 6 g. .1905-12 A A O 111 b. 109% Apr.
Coupon, 6 g., trust rec..l909
A 8"74 b. 68 Mar. 76 Jan.
1st, consol., gold, 5 g
1938 A A O 100%
97% Oct.
lowaCentral— l8t,5g
1938J
80% Aug. 8878 Dec. 80. Pacific, N.M.— 6 g
1911 J A J 104
SS^s
101 July
KentaokyCentral—4g....l987 J A J 85
78 July 85 Dec.
Tenn.C. I. ARy.— Ten.D.,l8t,6g A A O 88
82 Aug.
Kings Co. El.— 1st, 5 g
1925 J A J 99%
97 Oct. 100% May
Birm. Div., 6g
1917 J A J *92 b. 84 Aug.
Laclede Gas— 1st, 5 g
1919 Q— F 8i%b. 71% June 82% Jau.
D
APac—
l8t,
J
A
83%
Tex.
2000
.81% Oct.
5g
Iiake Erie A West.- 5 g
1937 J A J* lOS'eb. 105 Aug. 1097e Jan.
2d, income, 5 g
2000 March. 3214
27 Aug.
I.. Shore— Con. cp., 1st, 78.1900 J A J 121
b. 117% Sept. 122% Jan.
1924 M A N 97%
Tol. A. A. AN. M.— 6g
91 Nov.
Consol. coup., 2d, 78
1903 J A D 12158b. 118 June 124 Jan.
Tol.A. A. AGr.Tr.— 6g....l92i:j A J *109 b. 103 July
liOnglBl'd— l8t,con.,5g..l931 Q— J* I14%b. 110%Jan. Ill) Sept. Tol. A Ohio Cent,— 5 g
1935:J A J 104 b. 102% July
General mortgage, 4 g.. 1938 J A D 89
88 June 92% Jau.
1917!J A J 77 %b. 71% July
Tol. Peo. A West.— 4 g
Louis. A Nash.— C0U8., 78.1898 A A O 113 b. 110 Sept. 11558 Mar.
Tol. 8t. L. A Kan.
6g..l9Uj|J A D 93
79 July
N.O. AMob. l8t, 6g
1930 J A Jil20
113%July 120% Dec.
Union Pact ac—6 g
1899,J A J 113%b. 110 Sept.
do.
2d, 6g
1930 J A J 111 b,'l05% Aug. 113 Dee.
Sinkinirfund. 88
A 8 107 b. 105 Sept.
1893
E. H. A N. 1st, 6g
1919 J A D'll2 b.!lll June 113% Oct.
CoUat. trust 4%
19l8iM A N 70
65 Nov.
General, 6g
1930 J A Dllo
112 July 117 May
KansasPaciflo- let, 6g..l895 F A A 107%b. 1046a Aug.
Unified, 4g
1940 J A J 823n
7678 Aug.
lst,6g
1896 J A D 107 b. 107 July
857e Mar.
Louis. N.A. ACh.— Ist, 6s. 1910 J A J 113
101 Mar. 113 Dec.
Denve'rDiv.— 6 g
1899IMA N 108 b. 106 Sept.
Consol., 6 g
1916 A A O 100%
84 Mar. 101 Dec.
lstcousol.,6g
1919 M
107% 104 Nov.
Louie. St. L. AXexas- 6g.l917r A A 87
65 Aug. 88 Jan.
Oregon Short Line— 6 g. 1922 F A A 100%
95% Aug.
Metro. Elevated— let, 6 g. 1908 J A J 116%b. 11158 Jan. 115% June
Or.S.L.AUfhN.— Con.5g.l919 A A O 78
66 Aug.
2d,6e
1899 M A N 10534 103 June 108 Apr.
U.P.Den.AGulf con. 5g.l939 J A D 74%
64 Aug.
Mich. Cent.— lst,con.,78..1902'M A N 121 b. 118 June 124% Apr.
Union Elevated— 6 g
1937 M A N 110
106 Jan.
Ooneol., 58
1902, M A N
106 Nov. 108% Oct.
VirglniaMld.— Gen. m.,58, 1936 M A N 77 b. 74 Dec.
Mll.LakeSh.AW.— lst,6g.l92l|M A N 122
117 Juno 127 Apr
do
stamped guar.'M A N 78 %b. 74 Dec.
Exten. A Imp., 5 g
1929:F A A 106
97 Aug. 106 Dec.
Wabash— l8t,5g
A N 103%l). 96% May
1939
M. K. A T.— let 48, g
199o'j A D 7914
74% Jan. 80 Nov.
2d mortgage, 5 g
1939. F A A 82%
70 Feb.
2d 48, g
1990 F A A 4678
36 July 48 Sept
Debent. M., series B
1939 J A J 46 b. 27 May
Mo. Pacific— let, con., 6 g.l920'M A N 106i«b. 102 Dec. HI Mar.
J 10358b. 99% July
A
West Shore— Guar.. 4e
2361J
5d.7e
1906
» 114 b.'lOd July 116 Apr. West. N. Y. A Pa.— Ist, 5 g.l937 J A J IOII4 96 Jan.
Pac.ofMo.- l8t,cx.,4g.l938'F A A) 99 b.| 94 June 100 Jan.
2dmort.,3g.,5sc
1927 A A O 31%
27 July
2dextended58
1938 J A J 104%b. 99%Jan. 105 Dec.
West. Un. Tel.—Col. tr., OS. 1938 J A J 101 b. 98 Jan.
MobUe AOhio— New,6g..l927'J A I) 115 b. 112 Jau. 117% Apr.
Wis. Cent. Co.— 1st, 5 g
1937 J A J 93 b. 88 July
General mortgage, 48.. .1938
A S 677g
62 July
1937'
40 14
70 Fob.
Income. 5 s
28 July
Mote—" b " Indicates price bid ; " a" price asked; the Range is made up from actual sales only.
^ Latest price this week.
!
100%
104%
117%
100%
.
MAS
MAS
MAN
MAN
MA
MAS
MAN
MAN
M
MAS
MAN
M
M
M
I
. .
AD
C—
M
AN
.
M
MA
M
NEW YORK STOCK EXCHANGE
8ECURITIEP.
Bid.
Alabama Mid.— Ist, g., 68
1928
83
84%
Atlantic A Dan>.— Istg., 6s. .1917
Atl. A Pae— 2d W. D., gu. 65,. 1907
Bait. A Ohio— let, 6s, Park B. 1 919 117%
*
..19251*106
ilinrr.. frol
MO price
1.
.'ft
Bid.
Oeni'l Ohio Reor.— let, 4%.-<. 1 930
Bost. H. Tun. A W.—Deb. 58.1913
Brooklyn Elevated— 2d, 3-5s.l915
ioi
101
83
8578 Jan.
8414 Mar.
Feb.
109
110
113
64
rnursday; these are the latest quotaUon»
nol''!*
t>..i.it.5s
made this week.
^'^%\
Dec.
58% Jan.
103% Feb.
74
Feb.
112
Dec.
100% Mar.
IOS14 Dec.
109% May
105
Doc.
7479 Apr.
86 Deo.
72%
Deo.
53^4 Dec.
395s Sept.
84%
118
Deo.
Jan.
91% Jan.
100%
75
80
114
Jan.
Feb.
Dec.
Mar.
92% Jan.
111% Dec.
107
105
Jan.
Jan.
108% Apr.
108
93%
Nov.
Jan.
114% Oct.
113% Apr.
114
110
71%
Apr.
Jan.
Oct.
35 14 Oct
lis
123
Jan.
Deo.
102% Feb.
87% May
74
73%
103
103
29
101
114
Feb.
Feb.
Mar.
Oct.
Sept.
Dec.
Mar.
101% Mar.
1
04 14 Dec.
94 Jan.
96% Jan.
90% Apr.
35 14 Jan.
100 Dec.
no Dec.
107% Jan.
78
94
Dec.
Nov.
114% Mar.
111% Feb.
74
Apr.
111
Jan.
1095s May
IIII4 .Mar.
111% Apr.
106% Jau.
80%
82
112
89%
90
Feb.
Jan.
Oct.
Feb.
Feb.
1035e Oct.
8278 Dec.
51i4Sept
10378 Dec.
101% Dec.
36% Sept.
103
97
47
Dec.
Jan.
Sept.
Bid.
Ask.
21.
SECURITIES.
Minn.
Iowa
102
93% 95
A
C.
St.
I
I
!
No.— (Contin'd)—
L.— 1st, 7s, gu..l927 •110
A We«.— 1st, 7s. ...1909
I. F. A N., 1st, 63.1925
Ced. Rap.
1st, 53
90
Roch. A Pitts.— Gen., 08.1937
93%
Roch. A Pitts.— 1st, 68
1921 117
do
Con.9olidat'dlst,68.1922 H5
117
Burl Ced. Rap. A No.— I8t,5s.l906
103
,<•
Mar.
Dec
llSUDec.
110% Nov.
Burl. Ced. Rap. A
Biift.
Oon-iol.
BONDS-DECEMBER
Ask.
B. A O. 8. W., 1st. g., 4%s...l990 •103%
Moii. Riv., 1st g., g. 5s
1919
Railroad Bonds.
Opf^t.
SECURITIES.
Ask.
(Stosk Exchange Prices.)
6e, gold
PRICES-(Continued).-7iV:4C2TF.fi;
Dec.
Deo.
Feb.
llSUFeb.
AA
MA
MA
Nov.
11878 Dec.
11414 .Mar.
. .
.
mi.
100
100
1921
ACiu.M.lst,4%9.1939
C.Oluo— Jol.
Cent. RR. A Bank.— Col. c.5s.l937
Chat. RomeA Col.— Gta g.S.ft. 1937
Sav.A West.— l8lcon.gta.5s. 1929
Innt. of N. J.— Conv. d"i)., Hs.1908
95
79
75
85
77
1
Dbcembbb
1
11
THE OHRONlCLli
26, 1801.]
V6ft
NEW YORK STOCK EXCIIANOE PBICB8.-AV4ar/K* BOSOS-fOontbrnHJ^DMCEMBKR
SECriMTIES.
Bid.
Oentral Piu-lllo— Gold bdn.es, ISdft
Gold boiuli<. Oh
lami
Gold IioihIh,
Bau Joiuiuin
AU.
SECUKITtED.
108"«
100>«
1 10<«
KHM)! 100
(Ih
18lt7
Br., 6*
Mort. Kold Sa
HKll)
lOtK)
IHlMt
*
tXl
U)o
liri-in
l8t,H.AD.,7s
1010
H. A D.,5s
1010
Cbicaso A Pacilio DIv., 6a. .1010
Mineral Point DIv. 5s
1010
C. A L. Sup. DIv., 5s
1921
Fargo A South., 6a, A88U...1924
Inc. conv. sink, fund, Ss
1916
Dakota A Gt. South., 5s
1916
{ hlc.AN.W.— 30 year deb. 58, 1021
Escanaba A L. S. Ist, 63
1901
Des M. A Minn.— l8t, 78
1007
Iowa Mldl.nud— Ist, 8s
1000
Peninsula— 1st, conv., 7s. ..1808
Chio. A Milwaukee— Ist, 78.1808
Win. A St. P.— 2d, 78
J007
Mil. A Mad.— 1st. Cs
1005
Ott. C. F. A St. P.— Ist, 5s. .1909
Northern III.— Ist, 5s
1910
aRI.AP.— 30-jeardeb. 58.. .1921
P.M. AF. D.. 1st 4s
1905
Ist,
Kaii.
II.
i-T-
IIMI
.
•
108S p»Bn
'•-
~K
*. A
II.
...
loii.
il.>^
Ist g., as
Cons.
dm.
K. (Ih
Ktd
Out. gUl)
I''
I
Oeu. g. 4«.(lut. Kill)
ll>.
Dvbent. 6a, priu. A Int. gtd.lS!)?
Deboot. 4*. prin. A Int. gtd.lx«7
tlllnolsOntral— Isl, g., 4* ...I'.'"
...
1
1U()0
8t. I.. Jacks. A Clilc— l8t,7s.lS01
Ist, Kuar. (n6.1),7»
1804
Miss.K. Kridw— Ist. s. f., 68.1012
Olilc. Burl. & Nor.— Del). 6s... 1800
Ohtc. BurlluK. * Q.— 58, 8. f.. 1001
5e, convortible
Ifl03
Iowa Dlv.— Sink, fund, 58. .1919
Sinking fund, 4b
1019
Plain. 4s
1921
Chio & Indiana Coal— 1st ,58. 1936
Old. Mil. & St. P.— l8t,88,P.I>.1898
2d, 7 3-IOs, P. D
1898
l8t,7s, Sg., R.D
1902
iBt, Lacrosse Division, 78.1893
1st, I. A M., 7s
1897
let, I. A D., 78
1899
l8t,C. AM., 7s
1903
Ist, I. A D. Extension, 78... 1908
1st, La C. A Dbv., 5a
1010
11.
Grand
lU
7.S
,0«l.
West. DIv.. 2d (l«.
'-•
On. f(i, A Fin
Laiiil (.'runt, 5». ft
09>9 lUdS
West. I'liOltlo— Boud.i,6M
105
No. Kailwiiy (Cul.)— im, (|8.1I)()7|
SO.yriir 59
litas *100
Ohen. A o.— Pur. M. (und.Us.lHUHi U2
1U>«
68. gold, HiTios A
10081
75
Ches. O. &So. West.— 2d. 68.. 1911 * 68
ClilcuKo A Alton— l»t,7»
1803 lOS^g
Slnkliitt fund, 6h
1003 US'*
Louis. & Mo. Elver- Ist, 7s.l000 117
119
2d,
n»r.
•OUMTtn.
BM.
A Hun Ant.-Ut,f 1.1910
A «. A.- «d mori.. 7*. .1006
|f»»l.
St.
rtl
(<4
na
78
•"
'
103
105
105
1''
1st. gold,3iss
Biiringf. DIv.— Coup., ««.... 1-
108
Middle Div.— Reg., 6a
ln.i ...
C. St. L.AN. 0.-ren.l.,7».18H7i
102»« 101
llSHi lU
Ist.oouBul., 7a
2d, 6«
104^
1807|*
117
124
115
101
104
Nashv.
109
106
93% 96
A N.
03
10-io, gold, 6s
50 year 53. g.,.. «.
Pens. A At.- 1st, 6s, gold. ..1921
•
I
'•••••
do.
Incomr.
iiRloGr. Junct.,lBtjruiii
8U Job. A Gr.
2d li>
73 S
Kan. C. A Omnha—
,|8t. L. A. A r.ll-2d ni. !..
I
.-•-•
K—
:
'
•
DivUlend bonds
120
117
100 Is
I
1
1
Keller.
Bellev.
A
98
117
100
38
..
85"
2dlnoome,8B.103l
•110
.
1(N>
110
10a
Ml
S4
*.
...
66
•
Car. A Sbawt.— iBt g. 4s. ... 1 932
77
St. Loo. A 8.rnui.— Kqulp.,7>,18e5 100
General Ss
1931
95
iBt, trust, gold, S.*
1987 • 78
Kan. City A 8.— 1st. Oa, g. 1016
Ft. 8. A V. B. Bg. 'lat. 6s. .. 10101
St. Pool A Dnialli— lst,8a....l»Sll I'de
2d mortgaaa 8*.
Paul Mton A M.— Ist, 7s.
2d mort., 6s
MInneap. Union— lat, Os
Mont. Cen.— 1st, guar.. »«.
Istguar. g.8s
St.
East. Minn., lat div.
^
-
SS
••>•••
.
....••
lOll* >>••
1917
.
— •••
•<•••
190l>
1909 it sit
1922
.
.
'"
1937' its
10s
I
SauFran. AN. P.-lal. .
Shenan.VaL— 1st Ts. g. ir.n
106S loss
j8!m;
A Car.— Ul, 6s. .. . 192.-I
CbI.8t.UAPad.-Ut.ird.g.5i 1917
St. Louis 80.— lat, KiL g. 4s. 1K3I
.
109
110
•
i-'i>[
80. Ill.-lsl, 8s
do
i02)«
114 118
lOloI'lOO
1924 *I0O
1937 lom 102
Ala
-
•
A Decatur— iBt, 78.. 1900
8. f.,68.—S.
K,
E.
^(1
mm*'
||Bleb.iiIMMiT.— Debon tor* Os 1027
90
\t>vt
Bqnlp. M. B. r., g., 8s
--'\
AU. ACbar.— l«t, prrr ~
•i«-
C—
'
.V
I..
wis. Caul. Ui.
inroiue, 6«
I
1907
Gold. 5b, eoupfin
1981 111
Meinp Dlv.,l8tg. 48
1051
88
DO'S
Dub. A 8.
2d DJ v., 7b ... 1894 100
97
99
Ced. FallBAMInn.— lst,7B..1907
89
Ind. D. A 8pr.— iHt 7», ex. cp. lOWI 107it
1201s 121
123i« 125
Inter. A Gt. Nor.— Coup. 6«... 1909
127 130
Kanawha A .Mich.— .Mort. ts.li'Kot 72
121
Kan. C.Wyan.AN.W.— I«t,58.iy38
131
L. 8h. A M. 80.— C. P.AA.— 7S.1M112 103
"122
Buff. A Er.— New bunds, 7». 1 898! 113
*124'«
Dct. M. AT.-lBt, 7s
IJMWtl 127i»
130
LakeShore— DIv. bonds, 78.1809! 116
103
Mnhon'g Coal HR.-lst, 58.1034 '
•124»«
Kal. All. A <i. R.— l8l gu. 5^.1938 108
100
LchlKhV..N.Y.-lst gu.g.4ia8.1»40
115<»
Lehigh V. rerm.- iBt gu 5s,g. 1 941 106
*
103
1 Jtcbf.Car.A West.— l8t 6b. g. 1916
Ix)ng Island— Ist, 78
1808
110
N.Y.&R'wavB.— l8t.g.58.1027 95
2d mortg., Ino
1927
25
103
SmithtownAPt.Jeff.- lBt,78 1901 104
104 «
Louis.Evans.A8t. L.—Con.5s.l939
107
Louis. A Na.sh.— Cecil. Br, 78. 1907 105
Pousacola Division, 6s
1920 107
120
St. Louis Division, lat, 68. . . 192 1 117
120
2d, 38
19801 62^8
92^
A
114
OCD. 6s, g., tr. ree. osst'd.
Booth Carolloa-Zd, Os
•S
>••«
ri'.'!';)
. .
1921
1931 lOl^e
1»31| 86
Collat. trust, 5s,g
's'i
So. Poo. Coast— 1st, guar.. 4s. 193'
Nash. Flor. A 8. 1st gn. 58.,1937 101
•>••••
82
Lou.N.AIb.ACh.— Geu.m.g.59.1940 80
Texas Central— 1st, s. L,7s...l909|
85 1«
1911
Istmortgage, 78
80
Lou. N. O. A Tex.— Ist, 4s. . .1934
.••••
93is
Texas ANew Orleans— lst.7s. 1905: •110 •..••
1034
2d mort., 58
19121 lOJ
Sabine IMvialon. 1st, 0*
Louis. St. L. A ex.—2d g, 6». 1917
•>••••
93
1990
Tex. A Pao., B. DiT.— Ul,6<.1905l 100
Manhattan Rt.— Cons, la
^
Ohic.St. P.AMinn.— l8t,6s...l918 121
113
Memphis A Charl.—Us, gold.. 1924 98 100 Third Avenue IN.Y).— Ist 6s, 1937
120
St. Paul AS. C.-lst, 6s
1917| • 87
Tol. A. A. A Cod.—Os
1 •1,'i
88
1919 122 122'4
1st eon. Tenn lien, 7i
Ohio. A W. Ind.— Ist, s. f., 6s. 1010
1919
Tol. A. A. A ML PL—Os
Mexican National— Ist, g., 6S.1927 00
191"
4l
General mortgage, 68
1940
Tola a. a N. M.—Ss. g.
-•
1032
2d, income, 6s, "A"
10
14
Oin Ham. A D.— Con. s. f., s.1005 120is
Ulster A Del.- l^t,oon.,e.,^•.19:l4 "os"
191
2d, income, 6s, "B"
189« 100 110
2d, gold. 41SS
Union Paclllo— 1st, Os
1909 116 120
1037 021s
Michigan Central—6b
18»7 llOS
1st. 6s
On. I. St. L.A Chic.- Iat,g.,4s.l936 * 90
1931
Coupon, 5s
102
Consol 6s
1st, Oa
two lll-<.
1940
1020
Mortgage 4b
1906 95 ••*•*•
Cbllateral Tmsl, 6a
On. Jack. A Mac.— 1st, g., 5s. 1936
MU. L. 8.AW.— Conv. deb., Ss. 1907 105
1907 SO
Oollateral Trust, Sa..i
Clev. Ak. A Col.-Eq. A 2d 68.1030
1924 120
02
Mich. Div.. 1st, 68
IfiM ••-•• 'm
Gold. 6a. eoL tr. kotea
O.O.C. ASt. L., Cairo div.— 4s. 1939
90
Ashland DUislou— Ist, 6s ..1925 119 120
105
100
P.-F.
o.,7s
1896 100
Br.
U.
O.
St.Lou.Dlv.— Istcol.ts'tls.g.iu;)0
Incomei)
861s
so
Atch. CoL A Poc- Isl. 6a.. .1900
Spring. ACoi. Div.- ist.g. 48. 1940
1927 115
MInn.ASt. L.— 1st, g. 7b
120
W.-lat,
1900
Atch.
Co.
A
6s...
J.
1141s
1909
WhiteW.Val.Div.— l8t,g.48. 1010
Extension,
1st,
7s
Iowa
741.
65
70
U. P. Lin. A Col.— lst.g.,8s. 1918
Cin.Sun.ACl — Con.lst.g.os, 1928 105
1891
2d mortg., 7s
Oreg.S.UA U.N.,coLtrst.,8a.l9l9 78
O.C0I. Clu. A Ind.— Ist, 7s,s.f.l899 Ud
1010 103
Southwest Ext.— Ist, 78
1908 107 iB 110
85
Utah A Hortb 1st, 7s.
Consol. sink, fund, 73
1921
Pacitio Ext.— Ist, 68
1914
128
1926
62
Gold. 58
Oeve. A MaU. V.—Gold, 53. ..1938
1922
Impr. A equipment, 6a
Utah Southern—Gen., 7s ..1909 101
L04't
Colorado Midland— 1st, g., 6s.l936 log's 1091s Minn. A I'ac— Ist mortg., 53. li)36
1909 lUO
Exu-n.,
1st,
7s
- — ••
l3t.5s.l020
M.
A
Atl.—
Columbia A Green.— 1st, 63. ..1916 100 105
Minn.S.Sto.
87
Valley R'y Co. of O.-Cou. 6s. 1921
toa
2d, 68
Minn.St.l'.A8.9.M-lstc.g. ls.1938
1926
M.,
sortea"A''.19JU
Deb.
72
74
Wabash—
I8t,48,g.l990
D3I. Lack. AW.— Convert. 78,1892 ib'i" 103
Mo.K.AT.-K.C.AP.,
1893 ioi
00
88
Mo. Mlssonrt— lal, 7a
Mortgage 78
Dal. A Waco— 1st, 3s, gu.... 1940
1907 127
02
St. L. K.C.AN.— K-B. AK&7S. 1893 106 •• 106
Svra. Biug. A N. Y.— 1st, 78.1906 127>s 131
Mhisouri I'iulllc -Trust 5s... 1017
StCharles Br'ge— I skOs. . 1 908 lodS
192C si" 82
Morris A Essex— Ist, 78. ...1014 13!) 139 >s
1st coll ,58, g
BomLs, 78
SUL.A1. .M.-Ark.Br.,lsl,7s.l893 103 >t 104>s Vest. Vu. C. A Pius.— 1st. 6s. 1911 lou
1900 115
Whcel.AUE.— 1st. (K goM.. .1936 lOJ IOS>*
7sof 1871
.Mobile A Ohio- Ist ext., Os. .. 1927 110
1901 122
'930 94
Kxien.>lonAImr
1931
1st, con., guar., 7s
St. L. A Cairo—48, guar
1915
.niarvllanr-'
192(i i'lo'ii
Del. A Hud. Can.— Coupon 78,1804
Morgan's La. A T.— Ist, Us
;900 107
1)11 !>•
Col.
123
125
i:Anicr.
1018
Pa. Div., coup., 7s
l8f,7s
1917
141's
Amer. Water Wor»^-."i .„ .1907
Albany ASusq.- l8t,gu.,78.1900
Nash. Chat. A St. L.— 2d, Us.. 1901
13U
1007
oona.
6a,
lat
It
Gulf—
Ist,
Os
.1926
l8t, cons., guar., Os
Now Orloaos A
1006 120 121
OahabaOMl kin.— latg.7s..l9U7 110 115
Bens. A Sar.— 1st, coup., 7s.l02] 110^
N. O. A. No. E.— Pr. 1.. g., 6s.. 1015
ChloJua.A6.Yda.—Cal.Lg,8«a0l8
1005 100
Denver City Cable— Ist, 6s... 1908 95 io'i
N. Y. Cent.— Deb. g. 48
1919
Colorado Fuel—Uen. 6a
Deny. A R. G.— Imp., g., Ss. 1928
N. J. June- Guar. 1st, 4a... 1986 101
70
Is
OoL A Uock. CD<d A L^as,K. . 1917 •i;s-"|::::r
97
gold.
1936
at,
4*
.
B. Tenn. Va. A Ga.— Ist, 78.. .1000
Beech Creek— 1
As...
1W7 10S>*|10«
CoDSorn Coal—Convert.
Divisional 5s
N. Y. N. H. A H.— Ist, reg.4a.l903 102
108
1030
Sl<t 81%
Cons. Oos Co., Chlc-lst (o^ks. 1936
l«t ext., gold, 58
N. Y. A Northern— iBt, g., 88.1927 105 >4
1037- 63
75
Deur. Wat. Wka.-aaa« 8*. 1910
1927
Eq.Alnip.,g.,58
2d, 4a
70is
1038
4a.l938
DeCOD-DepotAStn-lstg.
4ias.l037
"78'i
West.2d,
Mobile A Birm.— Ist, g., 5a.. 1037
N. Y. Susq. A
100
KdlaOB £>ee. IU.Oo.-lst.Sa. 1910
1040 82»s
Alabama Central— Ist 6b... 1018
Gen. mort,, 58, g
100
•102
Hqottable O. * r.— lat 6a.....l900
Erie— 1st, extended, 78
1897 US'* 113^8 North'u PaciUc—Dlvid'd scrip ext.
Isl
6s.
1931
lUO
Bridge—
I10>9
r.
Henderson
James River Val.—l «»,««... 1936 1071s
3d, extended, .58
1910 114^
Uobokru l.and A Imp.—g. Ss loio 101 los
Spokaue A Pal.— 1st, 6.I..... 1930 liJO
3d. extfuUfd, 4iss
1923 107
INileg'll
i-3a.^
.1911,
10
L'mon
»y
St.Paul A N. P.—tJen., «a..l023 lISis 110>» Uutuml
4th, extended, 58
1920 11014
ios
NatluB'i Starah tUg.— 1st. 0^1920 low
Hcl<'naARedM'n-l!.t.g., 08.1937
8th, extended, 4s
1928 100
NorUiweat*niT«la(ravfr-'>«. I904 1M»«J...._
lst,g.6sl03U iu4
.ManitobaDuluUuV
1st, cons., fd. coup., 7s
01
1920
'loo
101
Ut6jl.l037
Dali.lJiv.—
Dul.Jt.Mau
Keorg., Ist lien, 68
1908 108 111
(Jdg.6s.I90i 93 l|00
OoToUflaSo
Cojur d' Aleiie— 1st, 6a, gold. 1016 107 Is
B. N. Y. A E.— l8t, 78
131
.1916
.„.„
1919 100 !....„
Peoi&WatwOo.-6a.s.
193« 101 «
Gen. Ist, g., 63
N. Y. L. E. A W.^Col. tr.,68.192a lbs'
Coal-ls4
g. 6a. 19IW
97 <« 101
Vollay
pioaa.
Cent. Washington— lat.g.,08.193»
Funded coup., 58
04
1069
'•
'-' •• •- l'*40 W.\ ......
ipiwrtor--'
il8>s
General,
68.
1031
We.»t.—
Norfolk*
Income, 6s
1977 "m
'...^
110
Waac
1932 lis
Ist, «•
l8t, 2>ss
1905
Extension, 48
1905
Keokuk A Des M.—l8t,58.. 1923
Ohic. St- P A Kan. City—5s.. 1936
Minn. A N. W.— Ist, g., 5s.. 1934
70
55
.
I
.
'
'
,
i
.
;.
—
.
'
|1
i|
.
.
a
New Ulver,
A S. W.— Mortg. 6s.. ..1908
1031 108
Inip. >« Ext., 6s
103
Jefferson— 1st, gu. g. 58
1900
19*4 109
M., 7b
Ad|u.->tuient
Coal A KK.—68
1922
19UB
EuulpnK>ut,38
£vans. A T.ll.— Iat,con8.,68..1021 118>s iio'
1967
os"
Clinch Val.lBt5B.
1023
Mt. Vernou— Ist «s
N.K.-Ut,4»..199<)
*
Scioto Val.
Sul. Co. Branch— 1st, g.. 58.1030
il'f
ounaol. 7s. .. 191
2d
Miss—
A
Utaio
108%
Evans. A Indian.— 1st, cun8..1026
I9vi.'\
HO
Spring. I>lv.—l«l7»
FllntAP. Muni.— Mort., 6s. ..1920 '117
I93i
General !Ss
1939 •100
l8t con. gold, 58
luati
a«.
ist.
RB.—
1939 MOO Il01»4 Ohio River
Port Hmon— l8l,5s
Gen. g..59
i-}"'?"
99'»'
Fla. Ccn APeu.— Istg. 3S....I918
r...i'ii"
o" '• V.,,. _foi
RO—i«f ..-..-,» I'l'" —1
Ft Wnrtli
Jw
.
Buff.
t
.<•
Ho
UiU
price Ihundar. tteM are tbe Utaat qootMiona mod*
•
»>•
90
Ala.AN
id M
Vlck
97>« 100
AUauto.x
..
•I'u
a«ar«toPa>'.
?
I
,«
I
HI
.
.
. -.. .... .
.
.
......
..
..
.
[Vol
Earnings Reported.
Latest
%n\3tstmtnt
lEailroajtl
ROADP.
—
Chkonicle at 50 cents each, and to others at
f 1 per copy.
The General Quotations of Stocks and Bonds, occupying
»te pages of the Chronicle, are published on the third
Sstnrday of each month.
scribers of the
RAILROAD EARNINGS.
Hamtngs
Latest
Week or Mo
BOADS.
Reported.
1S91.
1890.
Jan. 1
to
Latest Date'
1891.
1890.
••
.
43,903
254,882
698,177
33,748
731,925
140,723
33.128
173,851
905,777
63,727
13.309
63,356
Atlanta* Cliar." Septeml.'r.
Atlanta & Flor'a November.
Atlanta AW.Pt. October
B.&O.EaetLines November. 1,597,442
Western Lines November. 499,835
Total
Noy ember. 2,097,2
.
.
Bal.&O.Soutli-w. 2dwk Dec
Bait. & Potomac October
Bath&Ham'nds October
.
.
Bir. fi Atlantic. November.
Bir.Sh.ATenn.B October
Bafl.Jioclj.iVPili 2d wk Dec
.
.
Bar. C.Eap. AN. Ist wkDec
Camden & Atl. October
OanadianPaeiBc 2d
Cp.F'r&Yad.Val 2d
wk Dec
wk Dec
Car.Ciini.G.tCli. Septcmb'r.
Car. Midland...
Oen.llK.ik Bg.Co
Central of N.J.
Central Pacific.
Central of 8.C..
Septemb'r.
July
51,985
162,827
4,453
4.251
20,820
56,3.i8
95,43S
54,446
427,000
11,606
3,975
6,340
496,9S2
November, 1,221,471
October
1,673,863
. .
Septemb'r.
AChic November.
Oliarlest'n&Say October
. .
Char.Snm.cSNo. November.
Chatt'fi'paUni'n October
Oheraw.i Darl October
. .
. .
Chmaw.&Salisb Septemb'r.
Cbes. AOliio.... 3d wk Dec
Ohes. O. & S. W November.
Chic. Bar. & No. October
cute. Burl. & Q.. October .
Ohlf.& East. 111. 2d wk Dec
.
Oilca^o &Erie. October
Obie.Mil.iSt.P. 3d wk Dec
Ohlc.&N'tbw'n. November.
OillcPeo.&S.L.i 2d wk Dec
November
OMc.St.P.&K.O. 2d wk Dec
Cliif.K'l(I.A.P.n
OhJo.Bt.P.M.&O. Octiiher...
Ohlc.&W.Micu. 2d wk Deo
Cln.Oa. (fePopis. .VovcmVier
Cl»,.Iack&Mac. 2d wk Dec
ClB.N.O.&T.P. 2d wk Dec
Alit. Gt.Sonlli. lA wk Dec
N. Orl. & N. E. 2d wlc Dec
Ala ik Viclisb 2d wk Dee
&P
VJciS.Sl).
2d
Erlanger Syet. 2d
wk Dec
wk Dec
Oinn.Nortbw'n. November.
Cln.Poits. &V.. November.
Col. fi. JIavsv November
ab.&Micb November.
Oley.Akrou&Co 2d wk Dec
Oin.\\
& Canton.
October
|».Ciri.Cli.&8.L 2d wk Dec
Pec. & Easfu 2rt wk Dec
Oey.& Marietta November.
0>lor. Midland. 2d wk Dee
Oil. H. V. & Tol
O >l.Sliawuce&IJ
O ilusa & Luke.
November,
2d wk Dec
November.
Ojnn. Uiver
November.
DuiTfLt River.. 2(1 wk Dec
AKioGr. 2<\ wk Dec
D^B Moin. A No November.
BesM. &N'wesl November.
SetBay C.&Alp November.
I>6t.Lau8'g ANo 2d wk Dee
IJjnv.
DalnthS.S.ifeAtl November.
DuluthA Wiuu. November.
E.Tenn.Va.&Ga. 3d wk Nov
BlglnJol.AEast. November.
BUz.Lez.<&B.8... Scplenih'r.
Krans.&Ind'plis 2d
wk Dec
BranBV. A T, H. 2d wk Deo
Fttobburg
October
nint.&F.Mara. 2d wk Dec
. .
Korence
Soittemb'r.
»lor. Cent.A p.
IstwkNov
BeorgiaBE
October
»t.W.&EioOr 3d wk Dec
«&. Car'la & No SeptemVi'r.
, .
8,729
16,500
56,675
16,000
8.852
12.223
2,138
181,33"
199,104
233,130
3,880.730
67,565
254,049
677.714
2,792,8U1
29,566
1,5.59,63.T
94,413
977,373
30.741
5.499
10,161
77,163
43,745
34,99i;
18,46^
12.950
187,326
2,153
20,652
950
58,526
16.999
72,432
285,696
33,639
28,491
41,454
290,608
16,572
2,666
94,834
2,091
152.800
12,268
20.083
20,300
20,747
132,536
11, '269
139,443
64,727
81,392
7,215
24,065
674.746
55,421
3,115
36,820
5,626
14.782
195.711
..
wk Dec
wk Dec
wk Dec
;d wk Dec
Wk Dec. 12
Ohio iSiGr.Tr.
WkDec.l2
Gr.Rap. &Ind.. 2d
Cin.R.& Ft. W. :d
Other lines. .. 2d
Total
all lines.
Grand Trnnk.
DetGr.H&M. Wk Dcc.12
60,512
3,002
43,961
9,393
3,346
56,700
392,406
85,048
20,874
1890.
Jan. 1
LIII.
to Latest Dolt,
1891.
1890.
*
681.450
30,915
2,293,635
»
69,736
660.406
2.853
29,255
39,882
2,503,867
9.169
429,947
450,434
3,523
212,643
208,507
52,574 2,936,225 3,162,808
353,315 18,624,461 19,108,009
75,872 3.532,976 3,584,258
19,754 1,134,507 1,073,310
Great North'nSt. P. M. &M. November. 1,589,116 1,376,630 l'',422,402 9,160,972
East, of Minn. November
185,655
64,849 1,064.167
626,081
MontanaCeut. November. 111,725 115.3ea 1.170.332 1,024,668
Tot. system. November. 1,886,495 1,556,842 12,656.893 10,811,714
Gulf & Chicago. Novemlier.
5,572
5,138
37.686
39,304
Housatonic
148,429 151,339 1,153,142 1,167,027
Sei)temb'r.
Humest'n&Shen November.
15,500
15.976
155,904
152,509
Hutch. &8outh'n November.
9,856
4.728
Illinoi.«Centr'l.. November. 1,694.339 1,616,051 16,856,679 15,223,351
Ind.Dec.&West November.
38.251
39,487
430,165
411.560
In. &Gt.Norlh'n 2d wk Dec
81,55,
90.202 3,«21,903 3,809,744
Iowa Central... Jd wk Dec
52,691
42,913 1,709.673 1,611,863
Iron Railway... November.
31.369
2,775
3.124
33,868
rk'nv.T.&K.W. November.
66,622
687.916
537,883
52,947
KanawbaAMich 2dwk Dec
6.337
311,957
322.054
5,878
Kan.C. Cl.&Sp. 2d wk Dec
293,255
417,920
4,741
9,264
K.C.F.S. & Mem. 2d wk Dec
98.193
86,626 4,54ti,241 4.583,655
K.C.Mem. & Bir. 2d wk Dec
24.705
26,028 1,138 869 1,151,399
Keokuk & West. 2d wk Dec
8.155
352,928
7,501
338,203
L. Erie All. & So November,
08.485
61,864
6.755
4.827
L. Erie & West
3,087,378
2,910,547
wk
Dec
67,831
60,425
d
377.6';LehishA Hud.. November,
334,113
28.719
28 931
L. Rock & M era
17.821
677.600
570,270
d wk Dec
18,369
Long Island
65,721
2d wk Dec
62,494 3,992,0i5 3,832,430
Louis. & Mo. Kiv Septom 'r.
346.928
303,634
60,922
38,119
Louis.Ev.&St.L. 2d wk Dec
16.7.54
1,472,583 1,243,051
26,5 1
LouisT.&Nashv. 2d wk Dec 430.32
18.295,994
389,025 19,297,788
Louis.N.A&Cu. 2d wk Dec
53,931
51,657 2,729,3.17 2,527,572
Loiusv.N.O.&T. d wk Dec 110,639
96,854 3,628,483 2,885,647
Lou.St.L.&Tex. 3d wk Dec
381.781
460,939
13,803
7.245
Lynclii).&Dur'rD November.
100,787
152,059
11,996
13.751
Memphis ACha^^ Sd wic Nov
40,064
41.373 1,421,886 1.629.376
tMexlcanCent... 2d wk Dec 146,916 131.023 6,997.985 6.052,235
JMex. National 2d wk Dec
84,844
09.770 3.999,861 3,541,873
JMexican K*wa> WkNov.28
66,000
79,247 3,666,062 3,738,475
Mil.L.Sh.&Wes! 3d v.'k Dec
55,273
53.570 3,445,4,37 3,74 5,335
Milwaukee & No 3d wk Dec
32,141
34.722 1,697,730 1,541,364
134.10-.
114,092
Mineral Riiuge November
13,400
10,639
Minneap. &8t.L. November. 192.801
155,500 1.664.096 1,376,570
M.St.P. AS.S.M. November.
292,339 197,357 2,291,875 1,1:51,260
Mo.Kan.&Tex.t. 2d wk Dec 210,311
202,837 9,005,589 8,511,402
Mo.Pac.&IronM 2d wk Dec 530,000 497,000 23,380,598 24,084,629
243,060
256,364
Mobile (SiBirm. November
30,240
23,844
Mobile* Ohio.. .November
326,717 313,652 3,164,265 3,095,297
371,220
796,892
Montcrcy&M.G November.
74,429
61,464
Nash.Ch.&Stl-.f November.
440,70
328,827 4,304,753 3,437,432
220.312
245,389
N.Jersey&N.Y October...
28,398
21,285
138,373
151,lo2
16.'290
New on. A So'n November.
19.117
N. \'. C.A H.H.t November. 1,040,988 3.399,.592 40.213,082 36,816,469
W
24,308,639
E.
&
25.381.190
N. Y. L.
2,895,289 2,712,737
October
660,520 655,929 5,871.765 6,072,057
N. y. Fa. & Ohu October
N. Y.&N.Eng.. October
579,318 578,918 5,199,248 5,039,633
474,551
473,709
41,099
N. Y. &No).'th'u. .November.
36,696
N. Y.Ont & W.. 2d wk Dec
56,543
46,293 2,919,297 2,337,266
159,151
163,228 l.'377,701 1.316.916
N.Y. Susq.&W. October.
Norfolk* West.. 2d wk Dec 195,969 173,435 8,'^05,786 8,158,690
516,'205
546,008
N'theast'u (S.C.I •eptemb'r.
44.73(
47,022
651.679 590,386 5,631,503 5,589,196
North'u Central. October
Northern Pacitli 3d wk Dec 432,454 495,780 24.476,513 23,715,514
592,345 29,521,392 28,847,424
if.P.&W.OI'n.. 3d wk Dec 639.989
96.21
85,465 4,036,217 3,981,466
Ohio* Miss
2d wk Dec
652,148
677.814
14,413
14,525
Ohio River
2d wk Dee
526,105
659,340
13,84
14,313
Southern
Dec
Ohio
2d wk
511,016
399.877
49,344
55,593
Omaha &St. 1... October...
3,782,671
3,547,817
422,074
Co
Imp.
466,856
Orefiou
October...
Pennsylvania .. November 5,691.725 5,659,867 61,630,010 60,896,939
753,666
835,395
15,713
PeoriaDec.iSiEv ^dwk Dec
16,807
448,928
439,300
40,355
40.45
Petersburg
October...
4.317,486
4,353,173
508,009
550,115
Phila. * Erie... October
.246,918 2,123,831 18,217,333 17,383,758
Phila. * Read's October
.
$
43.693
247,368 2,126,'763 2,172,511
619,165 31,808,806 29,780,323
33,224 1,680,136 1,601.803
652,389 33.488,942 31,382.122
124,013 6.6C2,302 6,250,530
32,639 1,645,627 1,568,888
156,653 8,247,929 7.819.417
809,042 41,736,872 39,201,542
65,732
12,791
l63,937
116,280
394,226
54,800
381.675
,547,128 17,518,825 17,120,292
457,124 5,112,418 5,186,350
,004,252 22,680,838 22,306,642
44,056 2,380,824 2,218,930
157,522 1,466,109 1,415,441
5.727
22,391
21,575
46,951
7,108
71,991
16,67
172,513
157,945
41,357 2,671,586 2,101,696
71,544 3,586,821 3,069,421
47,956
721,121
718.607
356,000 19.156.202 16.194,825
12,155
564,137
533.133
3,048
33,360
20,031
5,893
416,641
,231,293 13.046,359 12.486,829
,665,151 14,103,671 13,292,629
8.803
73,693
84,561
16,224
149,742
123.015
56,617
610,931
557,060
8.555
123,299
68,669
10,179
83,712
96,749
13,899
86,624
89,093
2,814
17,413
17,179
147,068 8,563.648 7,521,191
205,800 2.133,715 1,951,752
230,998 1,777,682 1,672,058
,523.053 28.286,787 29.442,173
77,650 3,483,752 3,135,444
242,203 2,187,380 2,278.810
562,042 28,885,062 26,072,095
,538,971 26.728.258 25,855.031
18,574 1,108,279
686.187
Coal&IronCo October... 2,673,133 2,151,90(1 17,285,414 15,585,707
.330,114 15.700,935 15,617.999
TotallmthCos, October... 4,920,05: 4,275.731 35,502,749 32,969,465
78,936 4,474,548 4,140.465
34,171
40,94
3,046
3,313
763,137 6,401,5051 5,596.809 Pitts. Mar. & Ch. November.
233,926
300,e64
20,100
29,200
28.426 1,678,155 1,533.972 Pitt.Slien.& L.E .November.
1,230,332
l,'i32,08»
138,900
133,79
5.737
63,323
61.991 Pittsb. & West'i. October
404.727
407.90,5
49,764
48,319
Pitts.Clev.&T. October...
12,804
692,318
613.856
241,072
258.234
30,478
2(i,891
Pitts.Paiu.iSiF October.
85,548 4.131,731 4,235,881
2,16'', 4i9 2,147,269
31,989
43.114
systeu
Dec
Total
2d
wk
38.630 1.818,296 1.857,530
1,268,533
1.190,098
95.953
108,099
27,031 1.143,141 1,17»,613 Pitti.Youug.&A. November.
239,362
273,31
31,635
25,186
13,825
642,208
640,576 Pt. Royal *Au^ 'Septemb'r.
285,411
29(>,48
34,344
27,818
Septemb'r.
13,691
607,739
579,414 Pt.Ro.v.&W.C
123,507
129,877
14,763
13,200
(en.
November.
Pres.ifeAria.
178,725 8,343,116 8,487.044
230,549
238,499
21,375
22,953
1,519
19,811
18,284 Quincy O.ct K.C. November.
5,251,500
5.502,000
542.100
530.000
&Dauvilio.
November.
19,223
225,248
208.323 Rich.
180.700 205,0011 2,1 79,215 2,090,780
v'ir. Midland.. iNovember.
737
11,390
8.787
871,745
881.348
93,000
86,200
Char.Coi.ifeAu. [November.
52,037
680.4SE
552,321
V(i9.51!l
786,700
89,t)0U
63.600
Ool. & Greeuv. November.
16,996
899,633
812,705
891,185
963,048
90,570
91,30o
No.
Car
November.
West.
58,142
602,665
470,599
November. 219.700 105.350 1,844.070 1,705.575
Georgia Pac
259,930 12.855,285 12,643,566
137,327
liO,440
12,100
13,220
November.
Wash.O.A W..
29,874 1,616,028 1,418,019
137.483
150,302
14.500
14.300
Ashv. & Spart. November
31,954
315,525
304,295
21»
856|
12,628,
100,
13,
303,430
303.955
Total Sys'm. 2d wk Dec
40,200 1,94^,012 1,800.093
281,715
.897
26,285
27,081
275,038 3,007,245 2,772,378 Rich. & Petersb. October
291,
5S7
8,789
8,210
587,251
303,544 Rio Or'de South- 1 St wk Dec
46,300 2,464, 2('9 l,8'-i6',492
50,000
2d wk Dec
1,933
26,900
23,995 Bio Gr. West.
3,652,621 3,611.783
96,519 1,023,489 1,043,426 Rome W. * Ogd. November. 317.609 300,01
100,689
94,964
8.838
8.52'J
3,097
150,612
167,477 Sag.TuscoiaA-n. November.
1,356,668 1,267. .501
28,350
34,780
193,500 8,116,303 8,385.0«5 St.L.A* T.H.B'f- 2d wk Dec
4,2-,i7,235 3.879.374
104.800
116,200
2d
wk
St.L.Southw'rn.
Dec
10,433
119,639
109,745
l,637.sl5 1,378,794
17,472
189,645
201,708 St.PauUfeDul'tb November. 199,907 142,303
54.158
45,941
31,210
401,645
480,798 S.Ant.&Ar.Pass. 4thwk Oct
827,674
754,405
12,7.9
11.657
20,974 1.194,551 1,165,929 S. Fran.&N.Pac. 1st WkDec
457,368
353,642
46.667
41,029
159.886 2,017,071 2,119,771 Bay. Am.&Mon. November.
114.756
146.00*
13,15?
10.150
5,670
73.640
50,075 Seattle L. 8. & E. IthwkMay
117,378
9j,333
15.123
13,097
November
154,778 6,297,7811 6,616,028 8Uverton
29('
405,
282,399
33,371
38,000
49,012
649.133
511,765 eiouxCity&No. November,
1,533,380
142,115
1,406,202
142,800
74,077
Carolina
November.
575,063
South
605.694
5,707
326.005
286.789 So. Pad be Co.—
530,660 469,691 3,704,895
19,706 1,110,095 1,010.832
-~ 3.528,228
Gal.Har.&S.A. October
835,1
114,341
965,406
639,081 5,870,650 5.898,955
118,231
louis'a West. October
53,835 2,753.297 2,778,833
602,382 556,192 4.383.000 4,413,977
Morgan' sL&T. October
187.699
177,34t
25,674
32.8.53
4.288
30,802
29,049
N.YlT.&Mex October
26,077 1,198.440
178.048 174,107 1,357,872 1,566,018
981.833
Xex. & N. Orl. October
7,385
320.380
1,493,091 1.340.00, 10,576,401 10,651,002
187,204
Atlantic sys.rf. October
6.130
87,784
43.022
Paciflo system October ..13,74.4,563 3.588,305 30,971,166 29,173,02*
188,290 1.489.745 1.455.663
Total of aU.. October ..5.238.654 4,900,950 41,547,567 39,884,615
1
Alabama Midi' cl. Septeinb'r
AUegheny Vai.. October.
Atoh.T.AS.Fe.. d wk Dee
Half owned... 23 wk Dec
Total eystem. 2d wk Dec
BtL.&SanF.. 2d wk Dec
Halfowucd.. 2d wk Dec
Tot.S.L.&S.F. 2d wk Dec
Ag(r. total
2d wk Dec
1891.
Geo. So. &Fla.. November.
fieorget'n&W'ii Septemb'r.
iwMIigence.
The Investors' Supplement, a pamphlet of 150 pages,
tontains extended tables of the Stocks and Bonds of Railroads, and other Companies, with remarks and statistics concerning the income, financial status, etc., of each Company.
It is published on the last Saturday of every other month
vie,, January, March, May, July, September and November,
and is furnished loithout extra charge to all regular subteribers of the Chronicle. Extra coxnes are sold lo sub-
Cli6T.
21
1
THE CHRONKJLE.
96^
Cliar.Cin.
..
.
.
.
. .
.
.
.
.
.
. .
. .
'
.
.
.
.. ...
.
.
Dkcbmbkr
THE CHRONICLE.
30, 1991.]
La tut narHlna$ KtpoHml.
Bjxoa.
WetkorUo
1801,
UutM
Jmn. I to
189a
1891,
Dmia
t4
80. l)lv. (Cal.) U(itob(<r
Arizona Dl v.. October..
Hew Mei. Dl v. October
.
.
Spar. Un.
tt Col
Isl. R.
ln<>|.ti>iiil>'r.
Btatnii
T X.pvoiiilicr
8ton)r(!l.A(;Mt..i<)riol)i>r
Bamuiit Branch. j.VovcriiiMT
227.010
"00,874
223,70:1
106,S04
12, J.V)
OH, :00
Tiifl
T«nn.
Torre
MiillaiKl . . .Vovriiibcr.
I'oo H<'|it«iiib'r.
&
11.
2.:i:ii>
119.1175
1,176,832
S2,;itl8
79,905
190,070
24,189
850,420
Texas A Pacllli' |2il wk Deo
Tex.S.ValAN.W. Itliwk Nov
IDI. A. A.dcN. M Novciulicr.
Tol. Col. A CIn. :i(l wk Occ
Jol.A Ohio Cent. :iil
Tol. P. A Weat.. 2d
Tol. Bt. L. A K.C.
Tol.
80. Haven
A
:i I
wk IX»o
wk Deo
wk Deo
October
Ulsu<rADei
October
Onion Puclfli'Or.S.L.AU.N October
Or.Ry.AN. Cd OctoUor.
On. Pao. D. A U, )ctoliir
ii
Bt.JO.&GMIsl.'OctnlliT.
22.000
84.571
108.929
2.262
77.818
6.870
20.868
22,8 17
48.275
2,680
33,644
ios.ioi
1,489
B5,.57ii
.'^,il2
30,017
19.7.'>6
32,115
2,675
32,409
684,735
674.987
701 ,.520
595,847
6!)0,7:ll
.575,985
10tt,69l
103,500
All oth. lines.
October
2.517,102 2,32i),S12
Tor.U.P.Sys, October... 4,578.246 1,308.01I2
Oant.Br.AL.L. October...
102,133
76,643
Tot. cont'Iert October... 4.680,378 4,383,335
Montana Un.. Octitbcr...
55.150
97,46)
Leav.Toi). A 8. October...
2.745
3.448
Man.AI.A Bur. October...
4.591
4.463
Johit.ownM... October
62.490 105.373
Grand t<ital. October... 4,711.624 4,436,022
T«rmi)nt Vallej Xoveniber.
15.:t3.-)
14.430
.
Wabash
2d wk Dee
Wab. Chest. AW. Auifnat
Wash. Southern. October
.
.
West Jersey
October...
W.V.Con.A'Pltts November
WestVlr.APitts. October
Western of Ala. October.
West.N.Y. APa 2d wk Xov
.
Wheeling A
\*i .Col.
A
.
L. E, :{d wk Dec
AiiR .8epteml»'r.
302.000
6,949
28.93S
114.773
90.959
242,000
6,4.56
23,95
114,67K
9:1.883
22,7iil
12,5.">0
66,603
79.500
2.-).458
57,766
61,100
21,519
66.900
91.3i»l
l,673,31»l»
866,6^3
H2.<i(17
97 .'.no
l<l."i,'102
18 7.970
1,964,538
5,412,988
9(l.:i80
6.1.!m:l
2,l!i(
LykiMiH
V;illi.j-|N(,veiiili,-r.
liotli Co's Novciiilicr,
224,271 1.087,075
641,209 5,637,833
305,833 1,081.415
102.A^4
878,048
12,876
!> 1
,2
1
OKI, 7111
H
."><), -'OH
l,o^3..'8.^
8>'0,2 ;i
l,89.<,7l«t
I
2,030,2.50
101.008
268.646
8,823,302
43,176
939,030
329,»70
1,146,418
921,611
1,867,100
23,432
332,204
192,92i
O.sooiVi'ii
47,(11 It
1,(H5.(I2
3 11,878
1,157.391
22,080
310,400
6,306,63*
4.701.223
4.732.037
6.210,214
3.910,067
4,775,432
717.046 1,117,745
18,430.712 19,81.5,926
34,887,635 35,850,783
6(16,458
857,371
35,531,11336,717,154
586,493
786.839
25.204
26,388
35,153
31,670
616,852
844,905
35,877,022 37,13.t,607
173,866
178,728
13,184,065 12,423,364
43,179
38,908
241,194
233,207
1,261,665 1 ,224,286
1,011.367
895,H!t3
16l,0"i9
93.038
4i!6.06l
444.053
S..508,4:i9 3.438.237
1,2 i 1,257
67S,01.S
1,1:12.403
702.566
t
A Ogd. iu
both years for November
Latest Gross Earnings by Weeks.— The latest •weekly
the foregoing table are separately summed up as
earnin{r.s in
follows:
Only 13 roads have furnished returns as yet for the 3d week
•f Dt'cember, and tliese show a gain in the aggregate of 8- 22
per cent.
3(1 tccffc
«/ December.
A Ohio
A St. Paul..
Fl. Worth A Rio Grande.
Louisville St. L. A Texas.
Milwaukee L. Sh. A n est.
Milwaukee a Norlhern..
Northern Pacific
Toledo Col. A Cincinnati.
Toledo A Ohio Ceutnil..
Toledo St. L. A Kan.City.
Chesapeake
Ohlcairo Mil.
Wheclin<?A Lake Krle...
WlBOOusin Central Hues..
1891.
$
181.332
677,T]4
5,626
13,803
55,273
32,141
432,454
6,870
29,8K8
48,273
25,458
107,533
1890,
Inercate.
Deertatf.
?
»
*
147,068
532,042
7,385
7,244
53,370
34,722
34,261
115,672
"\\ib9
6,.55i>
1,703
"2.581
63 326
49.5,780
5,412
30.047
32,145
21.519
96,385
"i",458
1,493,529
190,663
122,820
Kanawha A Mleblna .,
Kaoaaa CItr ain AMpr.
Kan.ntr/i.aAUam;.
KnnoM (' Mitin. A IMrm
Keokuk
.*
Luke Krlp
Wealern
,V
l.lllle Itn, k
Lnul'.villf V
M,
Ohi
W.-.i. ro'
\ M
K\Mi.
"(..oul^v.
N
,
,
oiiiiiKiv.r ..
Ohio Houtlieru
Peorta l)e. itnr VKvaiinT.
Rb'h
8t
I.
.,|„
.
,M
I
Tnl.
„„
,
wcttleru
>'.
Y.
A
I'uuu..
8!in,:nii
1,551,8:18
W^.Cent. Lines 3<1 wk Dec 107,533
96.."i03 5,047.878 5,131.909
Wriebtav.&Teu Xovcinber.
5.8901
9,0S9
78,709
82.540
Zaiic s. & Ohio... Istwk Sept
3,607l
3.419
98.586
101,224
* Hgures cover only that part of mileaKe located in Soutb Carolina
'SS"'''i"S8 given are on whole Jacksonville Sontlieastem Svatem.
• The flgiires from Jan. 1 to date inolndo corrections for the flr.it three
monthsof each year. 6 Kan.sas City A Pacific included In both years,
e Western and Atlantic included in Nov., 1891, but not in 1890.
a Includes earnings from ferries, etc.. not i{lven separately,
Mexican
currencv. c Includes Rome Water.
and the eleven months.
of
IMO.
•n P»o. RR.—
Coastniv.(ral( Ootohor
>
:
1
i7!*
16,136
3.909
10,970
Total (87 ma<1«)
>et lnereaii«(100ep,B,l,
D* ^u'tb
'°'""'>^"*'
**'
Paitoa tuooel caiaktof
Net E«rnlnfr8 .Hniithly t« Latwt DstM,—Tbe tiriil* foTlowinK abows tlic net earning! reported Jbia week. A
detailed statement, including all ro«da from which
moolUy
returns can be obtained, is given oooe a month In tbiM
columns, and the latest statement of thia kind will be foind
tlie Chro.niclb of December 19,
The next will aoomt
ia
"'
the issue of January 23.
Ml
m
"
OroM Manttmai,
,
1891
•
Koadt.
A
1,616,319
p.o.l
67,815
For the second week of December there is a gain in the aggregate of lO'OO per cent, the number of roads included being
£<tmlm,
1891.
!fti
,
1800.
•
O. Soatbw.b.Oct
235,005
2I0.M3
93Jt3»
Jan 1 to Oct. 31... 2,030,893 1.938,968
July 1 to Oct. 81...
056,884
» 47,889
391,129
Cent.of New JeneyaNov. 1,221,471 1,231.293
310.346
Jan. 1 to Nov. 30... 13,046,359 12,486,s29 3,384,243
Bait.
Cleveland A Canton bOot.
72,433
38,142
24,084
Jan. 1 to Oct, 31.
602,665
470,5011
210,303
July 1 to Oct. 31...
288,626
224,226
102, 132
OoL Hock. v. A Tol.. bOct.
335.481
I6O.704
335,147
Jan. 1 to Oct, 31... 2.713.239 2.515,801 1.284.374
1-1 .-.I,;
Northern Paclflcb. .Oct. 2,993,366 2,922.820
Jan. 1 to Oct. 31... 20.430,938 19..'.2«.16l
July 1 to Oct. 31... 0,727,027 0,567.024
Wis. Cent, lines, b Oct.
506.014
537.0«ll
Jan. 1 to Oct. 31... 4,300,050 4.37l,l<07 1,.'.(><>.393
July 1 to Oct. 31... 1,974,308 2.031,312
787,779
Tot. both Co.'».b.. Oct. 3.499.:i
16
Jan. 1 to Oct, 31. .. 24.731.
-78
July 1 to OcU 31.. .11,701..!
.1>14
Pennsylvania...
Nov. 9,694,723 5,ti39,e6
1 .9«io,874
Jan, 1 to Nov. 30. ..61,630,010 60,806,939 19,916,688 I0.6:3,MB
Lines weatofP.AE.NoT.
Inc. 181,124
Inc.
2I9,3«2
Jan. 1 to Nov. 30...
Deo. 810,338
Inc. 789,263
Pittsburg A Went.a.. Oct.
133,707
138,900
32,275
U%90
Jan. 1 to Oct. 31... 1,232,684 1,230,332
315,108
30«3i4»
Pltts.Clev.ATol a.OcL
4'5,764
48.319
4,919
I.'VJ2»
Jan. 1 to Oct. 31...
407,905
2'<,798
404.727
8732S
Pltt8.Paiues.AF. a. Oct.
26,801
30,478
def 434
4.M«
Jan. 1 to Oct. 31...
238,234
241,672
11,727
33,036
Total system. a
200.007
Oct.
219,143
3«,7BH
Ht.90«
Jan. 1 to Oct. 31.. 1,898,823 1,876,734
353,036
646.903
8t.L.A.Ar.U.bch.°.b Oct.
146,2-2
150,868
81,340
Jan. 1 to Oct. 31... 1,173,620 1,087,906
407.084
4ao,ssi
I
1
i
-'
•
M Net earuinss here given are after iledaclInK taxea.
b Net earuing.1 here given are before de<luctiug laxe*.
Interest Charges and Snrplns.—The following ro«da, in
aldition to their gross and net earninm given above, aiao
report charges for interest, iStc, with the surplua or deficit
above or below those charges.
October.
JmIw 1 Io OH. SI.—
.
Total(12 roads)
Net inereiise (8-22
aad ««rla« l«
flia
.
Net Income
Fixed obarges
Snrpltts
....
1800k
•
•
•
3.4.50.<>9t
ll.a«e.SM
6.583JI1
•
•
l,ti0d.07S
11,701,335
6.713,071
1,307,216
103,703
1,633,806
23,860
4.085.364
463.309
3.016.t2S
13l.a83
1,700,947
1.164,483
1,677,666
1,033,318
3,418.933
4,317.861
3.t38.tOS
336,462
624,348
1,131,272
l,0OO.*SZ
-
Net earnings
Hkcei. Income
.
1801.
1890.
1891.
No. Pae.AWi&Cen—
f
3.409,380
Gross earnings
Oiioiat'g oxpenaes. 1,902,134
4.037^79
GENERAL INVESTMENT NEWS.
Amori.an UUtrict Telegraph.—Stockholders will hoW •
meeting on Jan. 13 to vote upon « proposition to increase its capital stock from $3,000,000 to 94,000,000, aad
to ratify and approve the purchase of the capitnl stock of tho
Mutual Di^strict .Me.4.senger Company (Umitea) snd the Mutnal
District Ttlegntph Company,
Called Honds.— The following bonds have baw oai;ei Cor
payment
«<->
BCRLLSOTON Jt MUBOCRI RiTBR RR. CO. IN N
Non-exempt six per cent bonds, due July 1, UI& 8ef*^fspecial
WW
seven boncls fur $1,000 each.
4,431, 4,«>7I. 4,724, 4,(»on,
Nob.
6,288, 5,529, 3,8 "jS, 5,86 ». 5.-"'
6,278, 6,121, t<.489, 6.50«». <;.
7,243, 7,3;ft, 7.4;8, 7,4 «l. '..
8,001, 8.O04, >',2-.'0, N.2'J4. ;>..:••.
8.346, 8,047. 8,79., 8,>li, 8,-<4.l,
H.I85, 9.3.JJ, I'.I5I. 11,317, 9.607,
10.01 1, 10,2.>2, 10,ii>9. ia.:9'<, 10.574.
10,0««, 11,120, 11,152. 11.183, 11,335.
S.OOA,
•'
•"
-,j.
•,
a.191.
" '"-
ft.9>1.
'.'^•.
•».4»t,
-It*.
.WO,
.MM,
5,*4
a.9m. SjrTS. 9JM0.
9.801.. •wrri.
O.CSJ,
10.70A. 19J^.
11,330, .Jt^
I
'
I
:
:
THE CHRONJCLK
968
And eighteen bonds for $800 each.
Nos. 1,044, 1,131, 1,185, 1,219, I,?!!, 1,250,
l,4il, 1,572,
1,791, 1,815, 2,059. 2,0il2, 2,165, 2,249, 2,390, 2,423, 2,474.
1,30(3,
The bonds bearing the above numbers will be paid at the
New England Trust Co., Boston, on the lirst of
oflSce of the
January, 1893, interest ceastng that date.
Canada Sonthern. The official statement of this company
[VOL. LIU,
be adjudged due on an old subsidy claim.
Tlie amount
involved is but a few thousand dollars. Telegraphic advices
stated that a receiver for the road had been appointed, which
is erroneous, there being no change in the status as regards the
road, which is in the hands of the trustees of the Indianapolis
Decatur
Springfield mortgage.
&
—
—
Lake Shore & Michigan Sonthern. The following is an
ofiicial statement issued from the office
is as follows
New York, December 23, 1891.
New York, Dec. 33, 1891.
At a meeting of the board of directors of this company held
At a meeting of the board of directors held this day a semiannual dividend of 1}4 per cent and an extra dividend of one- this day a semi-annual dividend of 2i,^ per cent upon its capital
stock was declared, payable at the Treasurer's office on the
half per cent were declared, payable on the first day of Feb.
A statement was received from the Michigan Central Rail- first day of February next, and also an additional dividend of
road Company (December being estimated), which shows 1 per cent, payable at the same time and place.
:
:
the following results from the business of the past year :
1891 (Est).
1890 UcCl).
$15,005,000
10,938.000
Gross earnings of both roads
OperatiDK expenses and taxes
Percentage of earnings
Net earnings
and rentals
Interest
Surplus
Division as per traffic aareement—
Miolxigan
Central RE. Co
To
ToCan. So Ey.
(74'06)
$4,067,000
2,440,000
$3,759,000
2,454,000
$1,627,000
$1,305,000
1,176,000
949,000
$151 .CO
8,000
$356,000
'"o
Add income from
$14,490,000
10,731,000
{72'90)
other sources
'Add halance from inoomeof previous years
21.0.733
Balance Dec. 31, 1891
dividend 1^4 per cent declared June 25
$187,500
declared this
Less dividend
187,500
day
Iiessextra dividend H per cent de75,000
clared this day
$674,-33
Percent
Net earnings
Interest, rentals
—
Cincinnati Jaclison & Mackinaw. At the re-sale of the
middle or Van Wert division of this road at Toledo on the
23d inst. it was purchased on a bid of $140,000 by Mr. J.
Kennedy Tod, Chairman of the Bondholders' Committee.
The entire property is now under control of the committee.
,
—
Cincinnati New Orleans & Texas Pacific. This company
as lessee of the Cincinnati Southern Railroad made a claim
against the city otf Cincinnati for damages because of the
failure of the trustees of the road to furnish proper terminal
facilities. The claim being disputed, the lessees appealed to the
terms of the lea.'se appointing arbitrators, naming Grover
Cleveland and Clarence E. Seward.
When the trustees
were about to appoint their arbitrators, the city obtained
an injunction. Now the Circuit Court has dissolved the injunction, holding that the arbitration clause is binding on both
parties, and that the trustees are empowered to act.
—
At Lansing, Michigan, Dethe Supreme Court confirmed the Flint
Pere
Marquette Railroad Company's title to 16,000 acres of land,
said to be valued at about $1,000,000 and contested by the
State of Michigan. The State claimed the lands by virtue of
the swamp land grant of Sept. 88, 1850, while tiie railroad
claimed title through an act of Congress and through the act
of the Legislature referred to.
&
23,
A
Indianapolis Decatur & Western.—
new plan for the
reorganization of this road has been matured by holders of
the junior securities and has already secured the approval of a
majority of the second mortgage and income holders.
prompt deposit of securities is desired to enable the committee to co-operate with the bondholders' committee of the Indianapolis Decatur
Springfield mortgage and hasten the
foreclosure sale and reorganization. The plan provides for
turning over the property to the Cincinnati Hamilton
Dayton RR. by giving that company a majority holding of second
preferred and common stock in consideration of the guarantee of principal and interest on $2,200,000 five per cent first
mortgage bonds. The road, which has hitherto been without
terminal connections, will by this move be relieved of expenses
belonging to an independent organization and will give the
C. H.
D. a western extension from Indianapolis to Decatur
of 150 miles. The fixed charges will be reduced from $126,000
to $110,000. The plan further proposes the issue of $500,000
first preferred stock, $3,000,000 second preferred and
$3,250,000 common. The Indianapolis Decatur
Western first mortgage holders are offered par in first prefen-ed 4 per cent stock
and 25 per cent in the 6 per cent second preferred. The
second mortgage holders are offered par in the second prefwred stock and are assessed 1 per cent; the incomes are
offered 125 in common stock and are assessed 3 per cent.
Copies of the plan may be had and deposit of the securities
made at the Metropolitan Trust Co., 37 Wall Street. The
committee in cliarge of the plan are Messrs. John E. Rislev,
^
W. T. Hatch and T. B. Atkins.
-^^ IntiJanapolis recently the Circuit Court appointed James
A
A.
Wilderman as a receiver to collect any funds that might
A
&
&
&
&
<i.clual.)
$20,865,759
14.220.481
(68-28>
(68-15)
$6,645,278
and dividends on guar-
anteed stock
Balance to stock
Equals per share
3.340,000
3,344,735
$3,467,200
$3,300,543
($7 01)
of dividends at 6 per cent
(*6-67)
2,937,990
2,967,990
$499,210
$332,553
= 2-86 per ct.
432,310 = 2 34 per ct.
161,922 = 2-44 per ct.
4,735 = 0-1 5 per ct.
166,657 = 5-05 per ct.
$594,'i4]
Decrease in interest and rentals.
—
1890
$6,807,200
Increase in balance to stock
ijO.OOO
$221,733
& Pere Marquette.
1891 (Est.)
$21,460,000
14.652,800
Surplus for the year.
• hicago
Junction Railway * Union Stoclv Yards. The
agreement made in July last with Messrs. Armour, Swift &
Morris, the Chicago packers, was decided last Friday, the 20th
inst., in a New Jersey Court (the State in which the charter
w^as obtained') to be a valid agreement. Subsequently Chancellor McGill at Jersey City granted an order for the Chicago
Stock Yards Co. to show cause why it should not be restrained
from consummating the agreement. The terms of agreement
were given in the Chronicle of Sept. 36 on page 43.5.
J^'lint
a statement showing the result of the business
(December being partly estimated) compared
Increase in gross earnings
Increase in expenses
Increase in net earnings
m
cember
is
Gross earnings
Operating expenses and taxes
Amount
IjBss
Balance.
Following
of the year 1891
with 1890
The gross earnings for the year are the largest in the history
of the company. Expenses include all expenditures for the
year. Nothing has been charged to construction or equipment since 1883. The outlays in 1891 for new equipment (in
excess of maintenance and renewals) were $330,000; and for
second track, new sidings, heavier iron bridges, and reduction of grades, $1,010,000, making an aggregate of $1,330,000.
The funded debt has been decreased during the year $350,000
by the operation of the sinking fund.
—
LouisTille EvansTille & St. Louis. A special meeting of
stockholders at Belleville, 111., considered propo.«iitions for
an increase of capital stock and for the purchase of the
Kentucky and Indiana bridge across the Ohio River between
Louisville and New Albany. Both propositions were voted
down. That for tlie increase of capital because it was not
thought necessary, and the other for the reason that it was
not suitably stated. The stockholders were in favor of
purchasing the bridge, but wanted the proposition put in a
different way. After some discussion a proposition to authorize the directors of tlie company to purchase the bridge was
submitted and voted upon, with the result that it was carried,
and is now under the consideration of the bridge owners.
Manhattan Elevated. — An important
point has been won
under a decision rendered by Justice Ingraham
of the Supreme Court. The suit was brought to compel the
Manhattan Elevated Railway to render an accounting of the
amount due the city under the law of 1867, whereby the
Yonkers & West Side Elevated Railroad Company was required to pay 5 per cent of its net income from passenger
traffic into the city treasury " as a compensation to the corporation tliereof for the use of the streets thereof." The New
by the
city
York Company succeeded the West Side Company in operating the Ninth Avenue line, and built and operated the Third
Avenue line, until 1879, when they were all merged in the
Manhattan Company. The amoilnt involved in this particular suit is said to be about $200,000, but much more is involved in the general decision if it is sustained by the Court
of Appeals.
Micliig'an Central.
pany
—The
following statement of this com-
is official
New
York, Dec. 23, 1891.
directors of this company,
held this day, a semi-annual dividend of 2 per cent upon its
the first day of
capital stock was declared, payable on
February next, and also an additional dividend cf \% per
cent, payaljle at the same time; the transfer books to be closed
on the 31st inst.
Following is a statement of the business for the year compared with that of 1890, December, 1891, being partly esti-
At a meeting
mated
of the board of
:
1891 (Est.) 1890 fActnal.)
$15,005,000
$14,490,000
10.938.000
10,731,000
Gross earnings
Operating expenses and taxes
Percent
(72-90)
(74-06)
Net earnings
Interest and rentals
$4,067,000
2,440,000
$3,759,000
2,454,000
Surplus earnings
Proportion to Canada Southern Co
$1,627,"00
451,000
$1,305,000
356,000
Proportion to Michigan Central
$1,176,000
55,000
$949,000
57.000
$1,231,000
$1,006,000
($6-57)
($5-37)
Income from investments
.*
Net income
Equals per share for Michigan Central
Dividend 2 per cent Aug. 15
$374,764
Divldena dcoliired this dav
374,764
Ext. div. lis p.c. declared thisday 281,073
,,
Balance
1,030,601
$200,399
;
:
Dbobmbbr
:
•
:
THE CHTU)\IfLE
89, 18U1.J
New York
Stcick Exchiinirn— New MeenrltlpH l,lnti»«l.-i l.»
GoyerninK Commui.i of tin- Hiock Kxi-lmnni" liav.- Imtpd the
foUowinic BeouritiuH
II.UNOI8 Cektrai. UK. (o.-jeoo.l 00 Midltlniml 4
bonds of lUft'J, miiklUK lotnl ninouut llstml (Hft.iKW.ooil. par sent ivld
E»(tT TKNNKS.HKK VlU.ilMA A Okokcii* Kailwat CO. #•.00.000
addlHonal .(lylpim-iit iiiid Imi.rovijiiiriil iiiortftiiKti ft per cent
(told buud<
969
-Heeotid ptrferrrd atoek
111.
For
S
|iiv<rul putrbaa*-iuuaa*
niHiiii
Iubwh bMHl* iMh
:
Ckntkal
li.i.is..ii<
ItK.
niakliiK total nnioiiiit ll-tvd
Louibvn.LK
At
<•,..
il'e'ted'JroasV.wo!'"
A^
vvT
i-ciil
MAKiTonA
noi.—
-...*..*
KeMttMl
*
...AH.
|l»liy, ItlHMli
lor fnturr nM|uli«ni*au, alHMil.
.
.
Rr. (•<>.-»lM,(K)0
tV.— Cjiminnn stock
For I'"— "I
For
:
I
Kern
addi-
«(>
me
& WE8TBRN RR. Co.-*10^,000 additional S per cent
lOO-year inortgaKe gold bonds, luakluit total amount lUtod t^AWi ooo
CHICAGO & NohTiiw 8TKUS Raii.wav Co. - 70,7.'^.'i-5a iilian-ii
000, of wbuli
To-
per cent it»M iumiU (Intercut rcdiioed
BlanipiHl), iiinkiuK totiil nnioiiiit linli-d ••s 14a:
*i;i,:t44.wiO
iii ti per cent nuil
*15,oi»U.0«Oare '(
aiul
.
(took.
'iw".
—
KH. to.
$32h,(K)0 ddlttoniil Hmt
"'°'""*™' ^""' '^"* """<*"• "•»»t'o« WUl amouiit
8T. Paii. MiNSKAroLW &
tional conHolldutfrt luortKiiKu
to
-*;«• 1,000 oddiUouul cBidtal
i|(l."i.(HM).(KM).
Namivilik
Kilt
JoKFoi.K
1
addltloual common slock, tUo same Ik'Iui,' u part of KM) OTt-i-as nbarva
which nrc now In the coiiipany'B tmiRiiry. fhe lommltt.e rr.«.mmoud»
that on Doc. 2!<, IBOl Uicrobe lulded to the li»t bucU portion of
tba
aliove nicDtloued addllioiinl oonmioii capital ntock a« »lionld
have
been Issu^-d, us per olllclul notice. In cxcIianKP tor .Milwaukee Lake
Shore & WeHteru Railway Company Klock, and the name amount !if the
latter, taken In cxcUant;c. to be Btrlckeu from the IIhI: also that
thlo
committee he empcwered to add to the H.-t, from time to time such
amounts of hlcan" & Northwestern common stock lo the extent of
»7.«75,S56 as they shall receive notice has been issueil In exehaiiKc
Montana Ckntual Railway Co.— $1 ..-iOO.OOO uddlUoual first luo'rt
cent gold coupon bonds, making total amount Usted
K»KO &
•
Pf
Ulsteh & Delawabk Railroad Co. -$1,393,000
consoli-
flrat
dated mortgage 5 per cent gold bonds.
PITTSBITHO .^HKNANa'> & L VKK Kkib Kailroad CO.— 82,740.000
mortgage 5 per cent gold bonds of 1S90-1D04,
first
Northern Pacittc— Oregon & Wash.—The Philadelphia
Press says: "On the application of Charles B. Wright, of
this city, the United States District Court for OreRon has appointed W. U, Tyler receiver of the Oregon & Washington
Territory Railroad Company. These lines are known as the
Hunt system, and they were purchased by Mr. Wright, who
now practically owns the property in his own right. Tlie
mileage of the system is about 170 miles, and the road runs
through the wheat fields of the Walla and Snake River valleys
in Eastern Washington and Oregon. Mr. Wright's object
placing the lines in a'receiver's hands is to reorganize the system under one mortgage instead of three, which are now in
m
existence."
''
\
'
hiililerii
.'iiU
wIm
i»« iirii>l<li'il III
i.^lf
'•
ihi
.r till.Miv 1 'i^K I1..1 « 111 1.C ciituied. on thu complcil'iu
tiou and the aiirrcnder of ihrlr respMtiT* raorgaal.
to receive new necuillle.. an fnlluwa:
For f<neli present piirrbMW money saeoad
llelNKll
,
til
faire bonil.
wlUi coupons malurtOK on
HHiBltaihed:
New
»
•
o
an.i
preferred stock at imr to ili
olpal of such lioml and the c<iii|m>iik •
Clued on such bund nt the dnt4< fniiii
.,„
suob preferred stock shall coiuniaDes to arcriie.
For each 91,000 purchase ninnry IncooM bond, larlodlac tOpar
cent aasesnoent imid In cash
New second preferredstock, at par
New common stock, at par
For each 9100 share of stock, Ineludlna 10 par Mai'aaMMaiat
llrst
-
paid In oasb
——
MM
'iU
m
XJ
Now common stock..
Hew second preferred stock
[A stockholder writes
to the editor of the CrbonicUC objaetini; to this nlan as too unfavorable to hU intereals, and
:
" The shareholders, after inving a cash aaMnment of 10 par
cent are to forfeit one-half of their present holdioK* and will
then have only about 25 per cent of the entire capital itock.'^
Railroad Constrnetion in 1N91. -The Railway Age ond
Northwestern Railroader say a of 1-91 : •' New track baa been
laid in forty-three States and Territories, on 849 linaa aad
branches, to an uggregate of 4.16^ mile>. This increaaca tb*
railway system of the United States to 171,000 miles. The onlr
portions of the country in which no new track was laid thw
year are the States of Delaware, Connecticut, Nevada and
Missis:-ippi.
The States which added the greateat average arc
mn
Pennsylvania, Georgia, Washington, South
New
Carolina,
PUtshnr^ Shenango & Lake Erie.—The first mortgage York, Montana, Virginia and West Virginia.
50-year 5 per cent gold bonds of this company have been listed
Toledo Ann Arbor A North Michigan— Oreen Bay Wia«Ha
this week on the New York Stock Exchange. The mortgage A St. Paul.— It is officially announced that a contract bw
is for |3,000,0tX), and is the only lien upon the property
been signed between the Toledo Ann Arbor & North Micbixaa
$200,000 of the issue remain in the company's treasury to pro- and Green Bay Winona & St. Paul railroads, in conjonctko
vide for the Conneaut extension of 13i^ miles, which is nearly with the Delaware Lackawanna <K Western Railroad Comcompleted. The earnings from July 1, when the through line pany, for the transportation of freight and passenger traflle
to Wallace Junction was completed, to Nov. 1 have been
gross $144,231 and net $57,293; the fixed charges for the
period, $45,636.
map and statement of the Pittsburg
Shenango
Lake Erie may be found in our Investors' Sup-
A
&
plement.
Richmond & W.
P. Terminal.—The committee of stockholders consists of Mr. F. P. Olcott. Colonel Oliver H. Payne,
F. D. Tappen, President of the Gallatin National Bank W. H.
Perkins, president of the Bank of America; and Henry Budge,
of Hallgarten
Co.
;
&
—
Sonth Carolina BE. The Central Trust Company announces that the agreement for the reorganization of the
South Carolina Railway Company, dated July 2, ia:S9, having
been declared inoperative and abandoned, the holders of the
securities deposited under said agreement may withdraw the
same upon surrender of their respective reorganization certifiAnother reorganization committee has been formed in
cates.
lieu of the previous one, consisting of Messrs. Frederic P. Olcott, president of the Central Trust Company, Gustave J.
Wetzlar, F. S. Smithers, Otto Lowengard and Henry P. Talmadge, all large owners of the securities of the South Carolina
Railway Company. Holders of income bonds and stock will
be required to pay an jissessment of 10 per cent upon the par
amount of their securities, payable 2J^ per cent at the time of
deposit, and the balance in instalments, March 15, April 15
and May
15.
PL4.V.
WEW
8ECCRITIK8.
I.— Five per cent flfty-year mortgage gold bonds, Issue
«6..TOO,000
limited to
II.— First preferred stock
ni.— Second preferredstock (6 per cent cumulative)
IV.— Common stock
2,500,000
3.000,000
4,400,000
application of BKC(7RITIE8.
The new securities will be created for the purpose of taking np existing securities and providing for cash requirements and as a reserve for
future uses, as follows:
I.— B'lvo per ceut flfty-year mortgage gold bonds:
To provide fo- present purcha.se-money first consolidated
$5,200,000
mortgage gold bonds and Interest, about
300,000
To provide for prior lien bonds about
To provide for car trust scenrities for Improvements and
betterment of the property and the purchase of new
;
equipment
;
for costs
and expenses
or foreclosiue
reorganization and other cash requirements
and
800,000
96,300,000
II.— First Prefered Stock
For present purchase-money second oonsolldatea mort«_„„_' 'Sto'SUS
gage bonds and interest, about
870aM)0
As a reserve, about.
911,500,000
between all points east of Manistee aad St. Panl, Minneapolis,
Minnesota Transfer, La Crosse and Winona, thereby establishing another through line between the Northwest and tbe
Atlantic seaboard, via tbe Green Bay Winona & St. Paul
Railroad Company, to Kewaunee.
Wabash. The purchasing committee of tbe Wabaah St.
Louis & Pacific ap(>ointPd by general mortgage bondboldei*
and collateral trust bondholders, under an agreement entered
into July 15, 1885, have issued a report giving an outline at
their oiierations in the reorganization resulting in the tiresent
Wabash Railway Company. To quote from the report.
"The result of the reorganization is a reduction in obligatory interest- bearing debt from $98,600,175 to $48,000,000, and
in amount of fixed interest charges from $6,592,000 to $3,M7,'000. The value of this reduction to tbe proprietors of Om
Wabash is strikingly appiirent when it is borne in mind tbftk
the lices now operated earned $1,904 net per mile in 1890,
against $7.54 net per mile in 1884, with freight rates two
per ton per mile lower in 1890 than in 1884. In 1890 tbe
pany operating 1,750 miles of road moved 8,883,858 tooa of
freight, against 6,358.761 on 3.453 6 miles in 1884. Tbe net
earnings per ton per mile in 1890 were 0*168 against O'lDO in
1881, with rates reduced in the former year two mills per ton
•
*
per mile." »
" Every mile of tbe present Wabasb system is beliered t»
be fairly pro<iuctive, and if judiciously managed should b^
come more valuable; but the prniirietors should not tgnara
the fact that, including a part of the debenture bonds and
stock, the company is over-capitalized to the extent at least
of such bends and stock as were U<sued in acquiring s<.>me of
the lines which have passed into other hands. Judicious additions to the system by extension and tbe couatructioa of
connecting links may be of great importance in giTing i
for its necessary growth and expansion: but beyond
ments to perfect and strengthen the present system by
pendent and shorter Unes between important termiaal Doiata
embraced within it, no action seems to be required in tae interest of the proprietors."
The aggregate receipts of the committee Imt« been $13,747,586 and the expenditures $I8,T-.>2,67S, iMTiag • faalanoa of
$24,a59 in the hands of the committee. Several claims an
still outstanding, but the available assets wilt doubtless ba
eufBcient to settle tbvro and to repay a portion of tbe advaoM
made by the Wabasb Western Railway Company.
The re|K)rt is signed by the committee as origipaUy eom
8tltute<l, viz.: Messrs. James F. Joy, O. I). Ashley, Thomas H.
Hubbard and Kdgar T. Wellps. anil bound in with the report
are copies of the agreements and plans which re«nlied in tba
reorganization. The psmpblets can be obtained at tba oflte*
of the conipany, 195 Broaoway.
—
m
i
<
I
.
..
THE CHRONICLE.
Ji70
fvoL.
Lia
COTTON.
Thursday, P. M., December 24, 1891,
The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below. For the six days end-
COMMERCIAL EPITOME.
Thursday Night, Dec.
ing this evening the total receipts have reached
against 277,934 bales last
34, 1891.
Tc-morrow being Christmas, a legal holiday, business was
wholly suspended and the leading Exchanges adjourned this
evening until Monday. General trade has been dull, but the
speculations in leading staples have not been without points
of interest and importance. Breadstuifs show a uniform decline under the very free movement of the crops at the West,
the supplies of wlieat and corn being notably excessive. The
vast accumulations of th^ stocks of cotton have caused much
anxiety in tliat branch of trade, preventing any material
recovery from the extreme low prices made last week and
finally causing a further decline.
The weather has been
unseasonably mild.
Lard on the spot has been dull and closes quiet, with prices
showing some irregularity; prime City quoted at 6g605c.,
prime Western at 6'37}^^c. and refined for the Continent at
••
6'50g6'75c.
The speculation
was
values on
in lard for future delivery
at declining prices, there being a sharp break in
Wednesday in sympathy with the cheaper corn market; but
to-day a demand to cover contracts caused a partial recovery
and a steady
Jaijnary delivery
JFerauary delivery
March
295,501 bales the previous
1st of Sept., 1891,
4,5TC,131 bales, against 4,335,208 bales for the same neriod of
1890, showing an increase since Sept. 1, 1891, of 334,923 bales.
Receipts at-
Sal.
aalveaton
El Paso, &c...
deliveiy...,
May delivery
Pork has been
c.
c.
c.
o.
Sal.
Hon
Tuet.
6-40
6 47
653
6(2
6 43
6-52
662
6-52
6-77
6 74
667
6-56
6-73
TKur.
642
6 46
6-36
6 68
a
Stearine
is
quiet at
7® 73^0.
in hhds.
and
Total.
Fri.
4,632
31,701
863
863
8,557 16,483
1,352 1,156
89,188
10,129
Savannah
343
343
4,733
27,990
5,231
12,896
4,821
7,452
5,820
5,134
Charleston
Port Royal,&c
2,318
4,187
1.912
1,867
Wilmington
W8*i'gton,&c
1,423
1,809
1,067
1,036
Norfolk
2,425
1,490
5,023
1,939
5,192
1,530
2,922
5,912
3,333
3,009
855
335
661
687
910
547
1,119
947
629
138
336
720
960
Brunsw'k, &c
5,231
2,552
C3
833
82
•
West Point...
N'wp'tN'8,<&c.
New York
6,168
O
82
W
19,195
13,880
947
901
2,739
195
4,174
2,866
2.739
2,399
35,247 52.982 60,625 33,276 43.660
230,796
Boston....
Baltimore
Receipts
dull at lower figures than those given last
week; quoted at $9 25 J9 50 for old mess; $9 75;a 10 25 for new
mess, |9 50 for extra prime and §13 50® 14 50 for clear. Beef
has been dull; extra mess, $7® 7 50; packet, $8 50(39 50; family, $10@ 13 per bbl.; extra India mesa, §16 50® 19 per tierce.
Beef hams are quiet at |13 75® 13 per bbl. Cut meats have been
quiet, although prices are somewhat cheaper at 51^ (a 53^c. for
pickled bellies, 4»^@4;gC. for pickled shoulders and 73^a7J^c.
for pickled hams. Tallow has been fairly active at 4J^c.,
closing steady.
4,021
396
we
give the following table showing the
week's total receipts, the total since September 1, 1891, Mil
the stock to-night, compared with last year.
Fri.
6-3ti
Tfiura.
Orleans... 12,001 17,221 34,926
Mobile
1,715 3,086 2,820
Florida
For comparison
Wed.
6-3y
4,851
Hew
Phlladelph'a.&c
of labs futubes.
6-38
Wed.
Tiies.
JlfOJl.
7,696 10,501
closing.
DAII.T aiiUgraa pbiobs
330,79(i bales,
week and
week, making the total receipts since the
tcs.
Oleomargarine if firm at 5;!^c. Butter is in better demand at
S3130c. for creamery. Cheese is very firm, but quiet, at 10®
llj^c. for State factory, full cream.
Coffee on the spot has been quiet and prices have declined,
owing to increased supplies. Rio No. 7 is quoted at IS^c.
Yesterday's sales included Rio No. 7 to be shipped atlSc, c. &
f.
Mild grades have been fairly active and firm; good Cucuta is quoted ;at 30c. The speculation in contracts has been
quiet, and prices have declined under weaker Brazilian advices.
The close was firm, with sellers as follows
Since Sep.
This
Week.
aalveston...
El Paso.&o.
(few Orleans.
Mobile. , .
Florida
Savannah.
..
Bruns.,<feo.
Oharleston
.
Boyal.Ac
Wilmington
Wash'tn,&c
P.
Bforfolk
West Point.
NwrtN.,&c
Sew York.
1890.
1891.
to
Dee. 24,
..
Boston
Baltimore. ..
Phirdel'a,&o
1,
863
89,188 1,439,747
10,129 185,750
343
14,934
27,990 755,136
115,258
5,231
12,896 366,533
1,247
6,163 132,710
82
1,530
19,195 349,679
13,880 203,754
947
13,875
4,174
23,910
50,726
2,866
2,739
27,540
37,191
2,399
Slock.
Sitice Sep.
1891.
1890.
725,228
9,719
116,713
118,313
96,877 1,181,152
14,119 192,270
31,593
7,013
31,109 752,632
6,343 118,913
16,878 320,612
441,405
43,233
302,924
47,194
128,299
11,094
79,753
131,228
14,216
59,570
20,861
20,893
1891.
822,088
18,503
31,701
This
Week.
1,1890.
38,173
918
529
142,883
2,165
390,339
215,954
25,605
26,002
41.601
31,272
22,870
3,802
253
21,317
11,233
4,587
6,688
4,109
2,046
2,232
......
62,733
10,315
1,435
299,527
27,500
14,837
8,433
Totals....! 230,796 4,.570.131 270,782 4,235,203 1,269,773
50,114
•19,284
4,055
80,18»
20,800
11,081
8,160
891,024
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
we
:
?«"e™''<'''
Jao'iafS'
ieDiuary
12-450.
12-20C.
ll-8£c.
I
I
Ma' ch
ll-80c
AiTil
ll-70c.
11-eOo.
May
—a decline of 10® 70 points
Raw
a
I
|
June
11-60P
July
ueo,
Aug
Receipts
ll-60c.
for the week.
sugars have continued dull and values have
weakened
at—
aalv'8ton,&c
Hew Orleans
Mobile
Savannah.
..
closing at 3c. for fair refining muscovado and 3
5-16c.
for centrifugals, 96-deg. test.
Refined sugars have
Oharrst'n,&c
quiet, but steady;
Horfolk
trifle,
been
crushed is quoted at 5@5i,^c. and granulated at 4@43^c. There was no tea sale on
Wednesday.
Kentucky tobacco has been quiet; sales for the week are
only about 200 hhds., but prices are steadily maintained.
In
seed leaf a fair volume of business has been done
and sales
aggregate 900 cases, as follows: 250 cases 1890 crop,
Pennsylvania Havana, 13@40c.; 300 cases 1890 crop,
Wisconsin
Havana, 13@14o.; 100 cases 1890 crop, Zimmer's, 12ffll3i^o
•
150 cases 1890 crop, State Havana, 14® 30c., and
ICO cases
sundries, 6@35c.; also 700 bales Havana.
70@$1 15, and 350
cases Sumatra, SI 95@2 85.
On the Metal Exchange the market has been
more active
«or Straus tm, the sales for the week
aggrei;ating 200 tons,
and 16o tot.8 yesterday, mostly at 19-85c. for
December and
January but i„clading 15 tons for D.-cember
at ig^^c.
In^^ot
copp r xs nnminally firmer at lOSS.;. for
Lake. Domestic lead
18 nominal at 4i^c.
Iron has been dull.
I^efined petroleum is qwted a
6-45o. in bbls., 7-70c in
cast^ and 3-95c. in bulk; naphtha 550c.; crude petroleum 5-7<.c
tt bbb. and 3-30C. in bulk.
Crulo certtficates closed yesteraayat 59^0. Spirits turpentine is
firmer at av^.t^iHo
cosing stroug.
Rosins are also firmer at §1 37^,'
,«l 45 fo,"
stnyned
Hops rather tend upward and wool
is steady,
'
tB'jugh quiet.
Wilm'gfn,&c
W'tPoint,&o
Al others
rot.thi8week
1891.
1889.
1890.
1888.
32,569
89,188
10,129
27,990
12,898
6,250
19,195
14,327
17,752
39,091
96,877
14,119
34,109
16,878
4,055
21,317
15,870
28,166
36,260
95,429
10,967
35,562
230,796
270,782
1887.
36,719
95,521
1886.
16,236
15,430
26,759
30,019
13,322
3,517
18,102
18,528
12,111
16,183
71,239
9,119
23,330
11,691
3,210
15,937
21,123
11,981
27,893
104,322
11,513
28,815
12,536
3,93S
17,705
14,874
14,975
218,408
210.012
183.821
236,618
ll,G.-.3
7,131
4,311
Since Sept. 1. 4570,131 4235.208 1118,079 3629,971 3935,550 3755,798
The exports for the six days ending this evening reach a total
of 197,831 bales, of which 153,103 were to Great Britain, 13,723
to France and 33,055 to the rest of the Continent. Below are
the exports for the week and since September 1, 1891.
Week Eniins Dec.
Exported to—
Bxportt
Great
BriVn.
from—
Galveston
!}«w Orleans
tfol).
Oonti-
Exptnt-t'.ii
Total
threat
nent.
I
10,313
1,157
Brunswick
1.8,37
netil.
31.813
156,670! Xt.mi,
2,300
61,21:
151,li7 193,441,
27.183
161.333 23,9:>8
22,179
iVest Point.
0,60i
8.066
4,933
2,300
600
e,205
137,15.'i
3,176
11,011
1,9J2
60,598
82,748
68.008
^'portNws, Ac
Sew
Vork..
Soston
Salclmore.
9,013
9,881
0,345
6,470
2,758
10
9.475
201,387
99,M21
13.432
8,;«3
10,007
9
3lil
8,229
r'tiUadelp'a.Jtc
Total
Total. ison....
iiaoul
Total.
.562,119
25.<.4ii7
911,365
173 358
356,647
106
J 5.)
2i9,161
8ti
27,4S.<t
62,03,1
.
Jbarle»iou
vVilmiHKton.
Morfolk
*
(.'one..
I
19,S70
.
i
Weeh.
& Peuc la
3aTjuinah
Sepl.l. 1891, to Dec. 21, 1891
|
27,«-,5
61,533
From
H2,0:Ki
7,900
14,848
32,055 197,831 1,8^7,633 21)3,231
<07
gu 171
us
on,
I
504
0(1(1
67,711
10,107
91, 4711;
310,7 1.S
2,7i13
101584
IJ.UJJ
i)«.051
8,8S3
Bool
13,721
j^i.n |r,,j
8'1,997
13.'.316
8,2 J,
722
152,10)
fl-t
son
21...'18
301
71(1
818 5S7 2.i)77.5«a
"1
.H7
!
,110
.
Deckmbeu
THE ('HRONICLE.
36, 1891. J
.
•71
TH. 8ALI. AND PbIOU OF FUTOSa M«
thumn kf Uw
f..llowinKCompreh«iuiT«
tablet
& Lambert, k
Carey. Yale
^
Beaver Street
*
f
On ahipDoard, not «t«<w«rf—/w
Dtc. 2
at-
1
Orcol
New Orleans...
^1.403
31.572
None.
8.0O0
S.OOO
19.000
4,600
28.000
tiiilvoftton
Savannah
ObarleatoD.
Mobllw
Norfolk
.
..
New York
Otber poru
Total 1891...
1
17,575
teiu.
4,H20
3U0
None.
None.
None.
800
None.
3:!..'i03
TMal.
Stock.
70.027
50,875
9.000
19.500
6,000
31.000
7,800
44.000
36g,S78
05.8 »g
1)9,209
233.302
23.815
22.059
89.920
55.152
17,883
m
ttawlna
Ooatt-
27,.'irt3
i
Total 1890... 126.201
Total 1889... 100.157
OUktr
FoniifH
Franet
Britain.
i
ii? fif! fiiJ
?.K
fli!
III
Ot.tftB
37.333
41,783
391,627
51.060
1,030.171
1
257.819
19.-i71 ll«6.639l
033.20.%
I
I
f#Si
?|f ?i
iiJ
UJ
582 33U
The speculation in cotton for future delivery at
this
opened the week under review with a consiaerablo market
slmw of
strenKth and on Monday March contracta
sold at 806c a
rise of lo points from the inside figure
on Thursday evenioK.
The improveoient was due almost wholly to the smaller
port
receipts on t>.aturJay and some reduced
estimates of the croo
movement. It was believed Ihat the sharp fallinR off
from
last season, so
long delayed, so often predicted, had
at leneth
begun. But soon after the opening on Monday
private advices foreshadowed the continuance of large
arrivals
at New
^.^" *'^''y sharply, until March contracts
Q?
?Zr„T^
sold at
9ac ^"^l^^
Then began some buying to cover contracts,
in view of the closing of the Cotton
E.Tchange for Christinas from Ihursday to Monday.
There wis much done
also in the
way of exchanging the earlier for the
later months, the bulls paying great
differences-as much
as 92 points bet^ween January and August,
The market was
thus relieved from some pressure for the moment
Liverpool fluctuated feverishly, having little effect
upon New
<
-is
*tJ iiJ
itiJ
York, but rather following this market. On
Wednesday an
due to a demand to cover contracts, was nearly
lost
the last half hour. Yesterday there was some improvement in values during the morning hours, but later on there
was a semi-panic, owing to the placing on the bulletin of a
crop estimate pointing to a total yield of nearly S'i million
bales.
Prices fell off more than twenty jviints from the best
figures of the morning, the bears making a severe
attack uppn
the summer months. Cotton on the spot remained dull
at the
decline of hist week, closing nearly nominal and weak
at
7 15-16C. for middling uplands.
The total sales for forward delivery for the week are 186 500
bales. For immediate delivery the total sales foot
up this week
611 bales, including
for export, 611 for consumption.
for speculation, and
in transit. Of the above
bales
early advance,
m
——
—
were to arrive. The following are the official quotations for
each day of the past week— December IS to December 2-5.
UPLANDS.
Sat.
Ordinary
Strict Ordinary
y
lb,
5»i«
5I*,«
G»0(1 Orilinarv
Strict
Good Ordinary
71a
Mtddlini;
Q>>od Middling
V>
8>4
7%
Good Middling
MlddlUgFalr
Strict
8>a
9'i«
Fair
9m.
GULF.
Low
5»,„
51B,(
6n„
.Vlb,
.MlddUuit
Low Middlinit..
MiddUu?.
Middltnjr
Good UlddllUK.
MlddUng Fair
7^
7%
714„
7l»„
8'4
8>«
fl'u
8>4
8»s
ifon Toen
5",«
515,,
611,6
7»18
7>a
7'8
tti'if
7'i,
7<9
S'»If
6>'l»
7'l«
6l3u
613,,
7%
7>»
71%
8>9
9il«
97,.
8H
Wed
Tta.
9i|ii
97„
5'»l*
0ll|«
7V
7^8
T'<\
Sifl
8M
8M
85i«
8'M
«*»«
B»i»
8l>«
858
ti'-H
«'\t
B-'a
U''8
8''8
8»8
01,8
Fair..
»'l«
91*1,
9lJ,«
Sat. nion
Elood Ordinary
fllb.
5>l«
Btrlot Good Ordinary
Low .Middling
Si'"
6»18
MlddUni?
7'«
9'l«
51I1.
6.,,
•
a
611,,
8><i
97.«
9iSi«
STAINEI>.
Frt.
5»,.
7'l6
7«;
7's
7»,fl
7'«
7 '8
8 '8
9i4„
I
s
I'>
Strict
,
Tb. rn.
718
7^
7\
2i"
97|>
!)7,.
Sat.
Strict
Good
Wed
59,,
5'»I6
613,,
719
7>«
5»ie
SI",*
7's
Low Jliiiaiiue
Strict Low MiddlinK
Ordinary
Strict Ordinary
Ojod Ordinary
Strict Good Ordinary.
jnon Xnee
80|8
«»«
8»8
97,8
9>'l»
Toes Wed Tb.
Vrt.
5I,«
5',,
Si'""
Si''«
Si'" day.
7'a
7>«
7«t
Holi-
MARKET AND SALZS.
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
For the convenience of the reader wo aUaadd
a column which shows at a glance how the market closed oa
statement.
same
days.
£1port.
Saturday Steady
Monilay..iWuiei
Tuesday.. Quiet
Wed'day yulct
Thur8da.v (Juiet
.
Friday
Total
Con- Spec- Trannimp. ul'fn .it.
97
]94
'."'.
92
Salts 0/
Pulurtt.
Total.
97
184
0^
141
141
147
147
50.800
94.300
94.100
89.100
158,300
..HoU day!.
flU
....
....
A<
Hinwtw
The following exchanges hare been made daring
SALES or SPOT AMD TKAKSIT.
8FOT MAKKET
CLOSED.
* Inclndes aalea lo September. 1801, (or Septe'sber, IB,6<0; Si
ber-Ootober. for October. 314.300;
Neffcef. tor II
bcr. 619,000.
<
4«R MXt
'09 pU. to exrh. l.OOO Au)c. for »fii
'28 pd. to exeb. too Meb. tor Mav.
"0 pd. lu oxob. 200 Jan. tor Jane.
'83 pd. to exeh. itO • Jan. (or Mrb.
< 7 pd. to rxrh. 200 Itre. for Jan.
'6« pd. to excb. SUO Jan. for Mny.
'17 pd. tu exeb. 3,JOO Jan. tor t'i'b.
'15 pd. Ui eaob. 100 Meb. for Anr.
-39 pd. to exob. MJO Meb. for .Vay.
S3 od. to exeb. 1.00 Jan. tor Meli.
-33 p<1. to excb. 100 Mar tot Aair.
-39 p<L to excb. 700 Mch. tor May.
"
'
thf>
,..,....
•
.
;
f
,.
,
J i.,.'
..
1.
.
i
•*i
•17
•H
<
..
.
p-i.
to
p<1.
10.
l<d.
loei.
I-
1
I.
'
'*-
.1-
*d3 pd. (u MGfe.
....
A.x.
mt Mar(or
r««
Kay.
i«af
*^.*y-
•*mm. ttf fieli.
,
**! Jaa. at Bar*
<
...
'
THE CHRONICLE.
972
The Visible Supply of cotton to-night, as made up by cable
as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week's returns,
and consequently all the European figures are brought down
to Wednesday evening. But to make the totals the complete
figures for to-night (Deo. 24) we add the item of exports from
the United States, including in it the exports of Thursday only.
1888
1890
1889.
189X
874.000 853.000 630.000
bales. 1,301,000
Stock at Liverpool
8,000
26,000
15,000
4,600
Stock at London
and telegraph,
is
Total Great Britain stock. 1,309,000
1,900
Stock at Hamburg
129,000
Stock atBremen
18.000
Amsterdam
at
Stock
400
Stock at Rotterdam
5.000
Stock at Antwerp
250,000
Stock at Havre
8,000
Stock at Marseilles
70,000
Stock at Barcelona
7,000
Stock at Gsnoa
18,000
Stock at Trieste
900,000
3,300
140,000
10,000
868,000
2.000
110,000
5,000
634,600
400
400
3,100
160,000
3,000
55,000
6,000
7,000
5,000
132,000
3,000
70,000
6,000
8,000
400
4O0
Quotations for Middling Cotton at Other Markets.—
Below we give closing quotations of middling cotton at Southem and other principal cotton markets for each day of the week:
Satur.
Jfo»i.
Tues.
Wednes.
Salveston...
73,8
73,8
73,8
Orleans
Mobile
nA
73,8
IM
7^
718
7>8
719
7»6
716
Savannah
7
7
7
7
7
71S
7ie
7%
7%
Boston
716lfl
71a
718
7^4
716,8
'7^
85,8
714
714
75,8
71s
Norfolk
71S
718
714
7>4
71618
759
8^18
714
714
71-ia
7H
7k
75,8
7=8
738
74
New
.
.
Wilmington.
Baltimore...
Philadelphia
1,816,300 1,287.800 1,209,400
IndlacottonatloatforEurope.
20,000
20,000
65,000
Augusta..
Total European stocks..
Egypt,Brazil,&c.,afltforE'r'pe
50,000
Stock In United States ports .. 1,269.773
Stock In U.S. interior towns.. 632,099
53.937
TJultedStates exports to-day.
604,000
50.000
891,024
550.410
21,391
639,000
47.000
778,975
444,468
55,849
815,100
50,000
625,000
45.000
933.333
480.024
22,471
American afloat for Europe... 712.000
United States stock
1,269.773
632.099
OnltedStatesinteriorstocks..
53,937
OnitedStates exports to-day.
604,000
891,024
550.410
21,391
639,000
778,975
444,463
55,849
625.000
933,323
480.024
22,471
..
Amer.cott'nafloatforEurope.
712,000
74
Charleston.
180,500
387,800
CLOSIKO (jnOTATIONS FOR MIDDLtKO OOTTOJJ OS —
Week ending
341,400
507,300
Total Continental stocks
un.
The above totals show that the interior stocks have increased
during the week 24,636 bales, and are to-night 81,689 bales
more than at the same period last year. The receipts at all the
towns have been 23,786 bales less than the same week last
year, and since Sept. 1 they are 297,565 bales more than for the
same time in 1890,
1,500
12,200
19,000
111,000
2,000
27,000
3,000
4,000
[Vol.
85„
Ih-'aH
Memphis
.
Louisville.
.
7^4
71^18
7»8
85,8
714
714
7^16
7»8
738
7»8
..
Louis
Cincinnati
7%
714
7^16
7S8
738
St.
74
738
Thurs.
Fri.
.
73,8
74
7V
a
85T«
714
738
—
Receipts From the Plantations. The following table
indicates the actual movement each week from the plantations.
4,5.54,109 3,424,625 3,239,692 2,970.918 The figures do not include overland receipts nor Southern
Total visible supply
Of tbeabove. tbetotals of American andother descriptions areas follows- oonsumption; they are simply a statement of the
weekly
Amencan—
bales. 1,090,000 584,000
Iilverpool stock
661,000 529,000 movement from the plantations of that part of the crop which
Oontinentalstocks
390,000 286,000 254,000 113.000 Qnally reaches the market through the outports.
Week
Receivta at the Ports.
Bndmo—
1889.
1890.
1891.
SVk at
1889.
Interior Towns. Rec'vts from PlanVns,
:
1890.
1891.
I
1889.
1891.
1890.
I
Total American
Kasl Indian, Brazil,
Iilverpool stock
die.
4,147,809 2,936,825 2,833,292 2,707,818
—
"
211,000
8.000
117.300
20.000
50,000
Londonstock
Oontinentalstocks
India attoat for Europe
Egypt. Brazil, Ac, afloat
Total East India,
Total
Nov. 20
&c
290,000
26.000
101.800
20.000
50,000
192,000
15.000
87.400
65,000
47,000
101,000
4.600
62.500
40,000
45,000
406.300 487.800 406,400 263,100
4,147.809 2,936.825 2,833,292 2,707,818
American
Total visible supply
Price Mid. Upl., Liverpool
PrlceMid.Upl., New York
4,554,109 3,424.625 3,239,692 2,970.918
S^gi.
9^ib0.
4'4d.
T^^nO.
5^" The imports into Continental
53ei1.
10^40.
ports this
93ic.
week have been
43.000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 1,139,434 bales as compared with the same date
of 1S90, an increase of 1,314,417 bales as compared with the
corresponding date of 1889 and an increase of 1,583,191 bales
as compared with 1888.
288,607 286.0-14 325,714 257,825 360.179 166,921
2S8„118 253.081 313.825 271,708 390,078 601,497
Stf5.488|2»1.318 293.1t!l 297,503.430,913 521,119
262.812 257,529 296..501 31S,569!480,189 551,754
252,258 286.3271277.881 398.518 503,3881 607.463
218.408 270,783'230,796 444.468'550.110
27
Deo.
4.
...
11
18
H
The above statement shows:
1.
I
299.400 3n3,926'889.457
302.401
J283.590J347,801
291,283 281.583 313,083
303.678 295.775 328.8S9
302,2S3'303,524 330,693
294.330 314.806 255.432
—That the total receipts from
the plantations since September 1, 1891, are 5.146,301 bales; in
1890 were 4,771,048 bales; in 1889 were 4,.')48,988 bales.
2.
That, although the receipts at the outports the past six
days were 230,796 bales, the actual movement from plantations
wae 255,432 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the full week were 314,806 bales and for 1889 they were
294.330 bales.
—
Overland Movement for the Week and since Sept. 1.—
statement showing the overland movement
for the week and since September 1. As the returns reach us
We give below a
At THE Interior Towns the movement— that is
the receipts by telegraph late Friday night it is impossible to enter so
and since September 1, the shipments for the largely into detail as in our regular monthly report, but all
week and the stocks to-night, and the same items for the the principal matters of interest are given. This weekly
corresponding period of 1890— is set out in detail in the publication is of course supplementary to the more extended
monthly statements. The results for the week ending Dec. 24
following statement.
and since Sept. 1 in the last two years are as follows:
obi;
for the week,
»
:?'^
5 32.S
SB
t3?
P B 5 p-*2 PCS'
< &5 o
P Sta-
*
o*
on
7f,
So
2.5
1891.
e5P53<os= s£ E "O
December 24.
§
Tfeefc.
Q
gs'
1890.
Since
Sept.
1.
Week.
Sitice
1.
Sept.
Slapped—
i
i
-Kit*
to
— tB>P''PP.
^j^-HCOOi
(-"(-t
to t^ 03
Via
Via
Via
Via
Via
K*.
W M N OS Is
CnOOOCoO'^<l©OiH-ccOt3CCC:cOQOO:tiOCWCcoiaLCK)c;'
OOOCjOCOOCD*-CtOtJ-'t«;i-h-ocCOWf-tf-(KOOOD^OitOCWW
I^^MMCCWOiAOt
X' to re CO
X c: f- cc "^ ti to^ co'^'bi cc a;"" bt ^''tc'juco uk woj ui"ovT-'0
to
W MM
I
R-S'S
— ^- n—
»,»
-- B—
^
I
booiOiKjcc cticr CO;
J—
-
zi*\
w—
jw
^J
— -^
'
v
i*J
w; CV »- WJ
— V' "^ "^ CD ^^
cccnx wco'iklccco'u*c«cc'^]ODxy>cobi
mOOCDCOCOC*^' C' U*JCWr
tOKJMforcw
ta
.-m
tcr
CCl^
MM
)-<
Ut
U
24,076
14,482
9,461
349.334
203,931
116,821
463
14,234!
105,327;
70,828)
6,101
3,112
3,756
25,846
13,994
'568
291,795
158,471
54 753
11,244
105,425
96,157
108,110
94,649
7,205
7,611
5,059
61,441
955,124
68,715
828,955
12,178
2,347
2,488
139,367
15,075
3«,045l
5,526
52,863
1,954
121,754
58,103
40,262
Total to be deducted
17,013
230,275
22,555
220,119
Leaving total net overland*..
44,428
724,849! 46,160
608,836
&c
interior
towns
Inland, &c., from South
if
i
Louisville
Between
ro
OCCnc!0'0:aw#'OMmi-c:i-if»-aceD'Kjco<ij[;C*»^oaiwo-4^
Evansville
Total gross overland
Deduct «/i ipmetils—
Overland to N, Y^., Boston, &o..
K(t*-ac:OK>**o:oi — ucDtoAtcyixoiK'&ocrocoDa'Qocj'rf^-oxo
lt-W*4WC;iO-]l-XO-'lCl**C0CCtltCDCCGryO0COWj*k-^^Ci5Ol05itkCD
CO
Louis
Cairo
Hannibal
Via other routes,
tOi-i-WCJiM-^OCClOWOlOJKOTtCCOODtOUiOitl*-
CC»b.MO!Os
MCOtO
coo Wlfr.Mt5C0
ioo<c:co*-C'Cco'Ot-ccDQCccoo3o:OocDtffcO;xc:c;»o» — MC^'-aiai-i
Ciica yi4-icOtf*o:o J h'(X--Jico'ccoi<i>-K.cocco«c. cooo-vic
St.
movement by rail to Canada.
The foregoing shows that the week's net overland movement
*
Including
I
•"I
this year has been 44,4i8 bales, against 46.160 bales for the same
week in 1890, and that for the season to date tlie aggregate net
overland exhibits an increase over a year ago of 1 16,0 13 bales.
)-<»>
1891.
1890.
In Sight and Spinners'
lakings.
Since
TTeefc.
OiOCdWCOCWH-WtOO^i.-OiOSCD
Sept.
1.
Week.
Since
Sept.
1.
Receipts at ports to Dec. 24
230.796 4,570,131 270,782 4,235,208
Netoveriand to Dec, 24
44,428 724,849 46,160! 608,836
Southern consumption to Deo. 24 16,000 241,000 17,000 225,000
^Ot)i|p-Wr-r-MOSCCDCrf^OOfcOCCOfVtoolOrf^Xi;'CCIf*CCOrfi,£.|?
Total marketed
Interior stocks in excess.
S ii S S K S S ?" S' "1 i! :5"'^ *
^'-^
" « o o'Va 00 KiTc w c w - c «
Came into sight during week. 315,860
377,966
Total in sight Dec. 24
6,112,150
5,604,884
yorth'g spinners tak'gs to Dec. 24
*
t
l^ulsville ngures "net" In botb years,
Tbls year's Hgures estimated.
291,224 5,535,980 333,942 5,069,044
24,63a 576,170 44,024 535,840
1,244,756
1,102,894
It will be seen by tlie above that there has come into sight
during the six days 315,860 bales, against 377,966 bales for the
full week of 1890, and that the increase in amount in sight
to-night as compared with last year is 507,266 bales.
.
Deceubeh
.
THK CHRONIC K
36, 1891.J
078
I.
Wrathkr Reports by TELWiRArH.— Our
tolpKrnphIo ad-
vices from tlio .South tliin t'venin« indicnt« thnt rain ha^ fallen
in almost all iM.-olions.luriut? tlio w,-ok, and tliiit in poriionn of
rkansas, Tennwaee, Louisiana and Tezaa tho rainfall has
M'iUon, North Carolina.— Tti^fpum not raorivad.
Th« following uuimont w» havn al«o noMrail by Ul«craBb.
Ahowing the height of thi) riv«r« at Um pofaita niwal Jk g
"•-«—
.-— -c^
- • Deoraibar
o'cioek
^ DeoenUribfr •"
INl, and
», •-»•
fS, ISM.
been heavy.
San Antonio, Texa».—We have had showera on three dsys
»m. t», •n.VOm. U, -99
durniR the week, the precipitation reaohinfr thirty-two hundr(>dths of an inch.
More rnin is needed. The thermomeU-r Knw Orlaani.
.AhoTnlDw-walat
4-0
Mriopiiit
AiHir* low wauiraart.
haH uvpraK<'>l i>4, ranf;inK fr mj 82 to 76.
.Niuta Tills
AboT*
Inw-waUr
wrft.
Luting, Texas.— It has \>fen showery on one day of tho
HhraTeport
Abovalew-wauraart.
I a
week, the rainfall reaohinn twenty hundredths of an inch. VictihurK
Ahoy low-w*i«r aark
It
The thermometer has ranged from 83 to 87, avoraginK 60.
liTDiA Cotton Motbhbnt rmoM au. Ports.— Tb* tmemvtt
Columbia, jTexoa.— Telegram not received.
Cuero, Texas.— There have been showers on two davs of the and ihipmenU of cotton at Hombay have been aa foilotrt Ct
week, the precipitation being thirty hundredths of an inch the week and jtmx, bringlnx the flicuree dotrn to Dm. 34.
The thermometer has averaged 54, the highest being 74 and
oMiAr aeoatm um mtmwwn foa rooa ra*a».
'
tho lowest 34.
Oalveslon, Texas.— It has been showery on two days of the
week, the rainfall reaching seventy-six hundredths of an inch.
The thermometer has averaged .17, ranging from 46 to 6S.
Palesti7ie, Texas.— Vt'e have had hard rain on three days of
the week, the rainfall reaching two inches and twelve hundredths. The thermometer has ranged from 83 to 70. aver-
aging
—
'•6.
Belton, Texas.
—Telegram not received.
Weatherford, Texns.—We have had one shower during the
week, the precipitation being fifteen hundredths of an inch.
The thermometer has ranged from 38 to 70, averaging 53.
—
New
Orleans, Louisiana. The week's rainfall has been ten
hundredths of an inch on two days.
The thermometer has
averaged
anal OonM- _
,
OmM-
0rMf
,
^
rmd.
1801
3.000 3.000
4.000 46.000
1890 1,000 fi.OOO A.llOO
6.000 37,000
1889 7,000 23,000 30,000 31,000 94.000
1888 6,000l
6,000 aa.ooo M.O0O
so.ooo'n.ooo
II
ai«.o ,
12-
I
51.
Buntsville, Texas.— There has been heavy rain on two
days of the week, the precipitation being one inch and thirtyeight hundredths. Average thermometer 54, highest 75 and
lowest 33.
Dallas, Texas.— It has rained heavily on two days the past
week, the rainfall being two inches and twenty-seven hundredths. The thermometer has averaged 46, the highest being
54 and the lowest 37.
Brenham, Texas. Welcome rain has fallen on three days
of the week to the extent of one inch and seventy-four hundredths. The thermometer has averaged 56, ranging from 35
to
MhipmtHttKlt»tdt.
ttar
50.
Shreveport, Louisiana.
and fifteen hundredths.
ranging from 30 to 65.
—Rainfall
for the
Aocording to the foregoing Bomtwr appoan to ehow
a decrease compared with laat year ia toe w'iek'e raeeipti of
15,000 bales and a deareat In the thipmeataof 1,000 balaa, «tl
the shipments since Sept. 1 show an iiur*am of 7,000 Iwlaa,
The movement at Calcutta, Madras, and other India porta fot
<he last reported week and since the 1st of September, for two
i—
years, haa been aa follows.
"Other —»--'•
poru** ~««—
ooTor Carloa,
Tuticorin, Korraohee and Cooonada.
n—
BkiffUHit for IA* wmk.
The thermometer has
OonH-
BrUain.
nent.
Calentta—
1891
1890
Ortml
IMal.
3.000
0,000
fWal.
BrUain.
3.000
6,000
8,000
8,000
7,000
11.000
lObOOO
••
8.000
11.000
IIJOO
S,000
18.000
14.000
1,000
1.000
1,000
17.000
14.000
IS.OOO
22.000
83.000
38,000
2,000
8.000
83,000
80.000
63.000
itjtm
Madras1891
,,
•
2,000
1890
others—
1891
1890
All
week
five inches
averaged 50,
Oreal
Total
1,000
kU—
1.000
1891
1890
—
......
8.000
31,000
44.000
3,000
6,000
7B.000
Columbus, Mississippi. There has been a precipitation of
eighty-six hundredths of an inch on one day of the past week.
The above totals for the week show that the movement froai
The thermometer has ranged from 40 to 80, averaging 58.
the ports other than Bombay is 5,000 bales more than the aamo
Leland, Mississippi. The week's rainfall has been one
weeK last year. For the whole of India, therefore, the total
inch. Average thermometer 57 '7. highest 78 and lowest 31.
shipments since September 1, 1891, and for the cort eepondill g
Little Rock, Arkansas.
Telegram not received.
periods of the two previous yean, are as follows:
Helena, Arkansas.--lt has rained almost continuously on
BxroKis TO avBOPB raoM aix woia.
three days of the week, but now there are indications of
clearing. The rainfall reached five inches and sixty-one hun1890.
1891.
18M.
BMpmenl*
dredths. The thermometer has ranged from 33 to 62, averagTkit
Bine*
Thil
timm
Thit
to all Buropt
ing 50.
—
—
—We
—We
Bombay
all otber porta.
43.000
75.000
30,000
134.000
74.000
113.000! 14.000
118.000
30.000
809.0«b
Liverpool and Alexandria, we now receive a weekly cable of
the movemenU of cotton at Alexandria, Egypt TbefoUowiac
are the receipts and shipments for the past week and for tho
corresponding week of the previous two years.
A'erandn'a. Baypt,
December 23.
i«aooo
180.000
3,039,000
Tlilaweek....
Lce Sept. 1.
—
Thit
IVMfc.
isa.000
9.313.000
S.507.000
mnf
TMt
Bine*
Sept.
isao.
1800.
1891.
Etecelpta (cantars*)
averaging 63.
Selma, Alabama. We have had light rain on four days of
the week, the rainfall reaching fifty-seven hundredths of an
Average thermometer 53, highest 65, lowest 43.
Auburn. Alabama.— We have had rain during the week,
the precipitation reaching seventy hundredths of an inch. The
thermometer has averaged 41-6, the highest being 57 and the
WMfe.
«qrt.l.
6,000
8.000
BO.OOO
63.000
6.000
Total
week.
Sept. I.
3.000
3,000
„_
Alexandria Receitts and SHiFinurrs.—Through
menta we have made with Messrs. Davies, Benachi A Col, of
—
75,
Ktek.
fromr-
—
Memphis, Tennessee. Rain has fallen on the last three days
of the week, and the weather is still threatening. The precipitation reached four inches and seventy-six hundredths.
Average thermometer 45'8, highest 62'3 and lowest 29'3.
Nashville, Tennessee.
have had rain on one day of the
week, to the extent of seventy-two hundredths of an inch.
The thermometer has averaged 45, the highest being 63 and
the lowest 34.
have had rain on three days of the
Mobile, Alabama.
week, the precipitation reaching fifteen htmdredths of an
inch. The thermometer has averaged 53, ranging from 39
to 67.
Montgomery, Alabama. There has been rain on five days
of the week, the precipitation reaching one inch and fiftyeight hundredths. The thermometer has ranged from 52 to
Btpl.
1.
1.
|)
j
no
I
««M
»*»k. S»p4, 1.
inch.
TSooDtlSeut
lowest 23.
Florida.— The weather has been cloudy and
rain on each day of the week, the precipitation reaching fifty six hundredths of an inch. The thermometer has averaged 55. ranging from 35 to 65.
Columbus, Oeorgta.— Rainfall for the week one inch and
two hundredths on two days. The thermometer has ranged
from 34 to 57, averaging 50.
Savannah, Georgia.— We have had rain on six days of the
week, the rainfall reaching sixty-six hundredths of an moh.
Average thermometer 51, highest 72, lowest 34.
Augusta, Georgia.— There has been general ram on four
days, but the week closes clear. The precipitation reached
one inch and thirty-four hundredtlis. The thermometer has
averaged 48, the highest being "3 and the lowest 31.
Charleston, South Carolina.— Hain has fallen on three days
of the week, the rainfall l)eing eight hundredths of an mch.
The thermometer lias averaged 54. ranging from 48 to 62.
Stateburg, South Carolina.— It has been cloudy durmg the
week, with rain on three days, beginning with sleel early
Saturday. The rainfall reached ninety-two hundredths of an
averaginch. The thermometer has ranged from 815 to 65,
Madison,
damp, with some
ing 47.
~
•
9.000 I43.00<>
7.000 » 1.000
10.000191.000
^TS:'L['vi^l"
8.000. 63.000
..000
I
Total Riirooe..^.. '18. 000 254.000 1B.000 229.000 17.000 387,000
A oa¥tar 98 pbantfa.
U
This statement shows that the receipts for the week ending
shipmenU to all Eiiropo
Dec. 33 were 130,003 canUrs and the
18,000 bales.
Manchkstkr Market.—Our report received by cable to-night
from Manchester states that the maraet it dull bnt steadv fOr
for home Urnde is
both yarns and shirtings. The demantl
good but for foreign marksta poor. We give »• pnoM foe
this a
lo-^j below, and leave those for preriooa weeks of
last
year for comparison:^
1S90.
1891.
VU
Oop.
Twit.
9^
lie.
33« Cop.
Mtd.
BkirHnge.
,
r»(tt.
8lt »«.
MIHrtim0a.
d.
a. d.
;«.
d.
d.
d.
d
t.
d. I*. d.
41|. 81.«*8II|«,6 4«.s7 ;
• IH 9 7>*a7
Nv.20 7
4>(e7
•%*»
8
6
4>«
ess
••
27 7V • 7% 5 7'«e7
7 oeii
4;,. ns osH ,5 4>i»7 8
•7H ,B
D«e.4 7
4>«07
8
«
OSS
'5
lOia 4>it %H
••
116't •7>(
SI* •6
4I«
8%*aH « 4>t07 8
•6 11
" 18 6% • 7>« i5
10
IgH
4>t»78
•as
4>4
OH 11
••
•?« 15
:
246%
I
r4*
—
.
—
..
.
.
.
THE CHRONICLK
974
—
[Vol LUI.
Cotton Crop of 1890-91 Apportioned to States. Our
usual table showing the cotton production of each State for
the crop year ending September 1, 1891, is appended.
have delayed issuing this statement in anticipation of the
early publication of the Census figures for 1889-90, but as it
may be some time yet before they are made public, and as a
number of subscribers have made inquiries for our results, we
Prices are nominally unchanged at
for 3 lbs. and 63^^c. for standard grades.
Jute butts are firmly held, but transactions continue very
The close to-night is at IJ^c. for paper grades and
light.
2%(a3i^c. for bagging quality.
As we have remarked heretofore, this
present them below.
division among the States is not claimed to be accurate
nothing but an actual census can divide production accuEvery effort has been made,
rately between the States.
however, to get as near to the true result as possible, and
Whitney, the inventor of the cotton gin. All cotton
exchanges, cotton mills and manufacturers of cotton machiDery will be appealed to for contributions to the monument
fund.
We
the figures are believed to be approximately correct. For
comparison we add our estimates for previous years.
PEODUCIIO;? OF EACH STATE FOB TEAKS NAMED (000 Omitted).
9
6
d
a
00
00
00
ri
Stales.
Georgia.
Florida .
H
1,184 1,076
60
65
.
.
Alabama..
500
550
420
530
920
60
685
65
s
i
00
00
00
00
00
r-t
T-t
00
00
450
441 420 455
494 443 598
860 768 940
55
60
57
598 575 737
840 893 1,098
467 495 510
990 1,100 1,467
558 575 699
326 335 375
40
50
56
505
980
65
605
975
495
935
460
CO
00
00
00
00
H
r-i
740
995 1,075
430 136
Hissiesip'i 1,138 1,056
I/)vuslana.
00
00
65
735
850
935
CO
00
00
435 180
650 605
978 1,000
610
710
Bo. Car...
i
ob
00
00
iH
Texas.. .. 2,120 1,700 1,337 1,381 1,345 1,355
Arkansas
888 816 815 800 744 650
400 210 390 360 370 360
Tennessee
AU otliers 100 80 75 75 45 50
1-t
435
469
798
43
581
895
485
855
525
300
50
Total... 8,655 7.313 6,935 7,017 6,511 6,550 5,669 5,714 6,992 5,436
Exports of Cotton Goods prom Great Britain.— Below
the exports of cotton yarn, goods, &o.. from Great
Britain for the month of November and since January 1 in
1891 and 1890, as compiled by us from the British Board
we give
,
of Trade returns.
the
movement
all
It will be noticed that
we have
reduced
to pounds.
Yam&Tnread.
CtoHl.
lotal of All.
•00< omitted.
189).
1S90.
Lbs.
March
Lbs.
20,013
22,741
22,182
Tot.l8t quar.
Gl,9eS
69,216 1.364,527 1.217,027 243,177 2S0,49Sl
Janaary
February
1881.
189P.
24,421
412,652
423,1-8
21,214
428,787
23,611
185(1.
rd».
413,715 79,338
447,120 81,330
356,192 82,461
1891.
1890.
Lbi.
78,355
84,682
67,461
1880.
Lbs.
99,378
104,121
104.643
Lba.
101,906
308,112
299,744
111,1(08
109,103
88.675
AprU
22,763
M«T
20,888
20,49J
28,018
25,675
21.130
77,936
89,293
71,323
98,882
94,25S
June
81,111
95,450
Tot. 2d quar.
04,155
68,S23 1,144,381 1,273.771 220,075 241,554
284,230
311,377
July
108.946
110.403
111,498
170,574
391,888
883,714
381,473
367,204
78.098
73,360
70,616
100,953
23,102
21,820
.
28.800
28.844
22,700
30,135! 78,20!
Total 3d qr.
69.930
67,187 1,242.480 1.833.68S 238.843,253,07:
308,878
330,258
20«,2JB 3,651,408 3,824,181 702,195 r25,123
901,251
937,379
10S,050
97,83-
109.858
07,977
Aufrost
September
TotalQmos..
Ootober
November.
410,801
414,988
418,700
23,27!-
24,5651
140,81ft
2l,lli
23.0421
39II.49H
45?,62e
462.885
412,162
119,481
384.910
79,002
87,026
102,191
79,806
87,8.3f
102,708
103,879
84,772
85.291
76,82a| 74,9f5
and
socks.,
articles
tftocklDgra
Saadrr
.
22,667
1.793
23,053
],01(
l,12H.92u 1.164,058
The foregoing shows that there has been exported from the
United Kingdom during the eleven mor.ths 1,139,930,000 lbs.
of manufactured cotton, against 1,164,05S,000 lbs. last year, or
a decrease of 31,138,000 lbs.
A further matter of interest is the destination of these
exports, and we have therefore prepari-d the following
statements, slowing the amounts taken by the principal
countries during Njvember and since January 1 in each of the
last three years:
IIPOBTS OF PIECB owns AVD TVRVS TO PRIWCIPAI, COCNTBIES IN
NOVEMBER, AND FROM JANUARY 1 TO NOVEMBER 30.
Ziwembtr.
PUce
OoridS.
(OOOs on.itttd.)
1891.
Blast IndtcB
Turkey, E(typt
,
andAfrna...
China and jMp;tu
Burope (except Turkey)
Sontb America
North America
AU other coui. tries
Total yards.
Total value
I
1880.
January
1889.
1891.
1 to
Xov.
1890.
30.
1B89.
1«7.152 167,651' 186,485 1,946,414 2,076,1«1 2,080,237
68,.S-.0| «l,^88
tO.62
H85,59i K«7,44iJ
803,1.49
4«,0(i4 51.615 43,1110
62«,'
574,816
504,2-9
24.96'' 28,8B1 27.298
320.433 3zo,19l
846.. 90
,SK,3il2 50,286 4.S,e54
441.3<:3
468,306 4K2.I05
23,21»2S,M«0 278.:; 33 S01.»iu
2l'il.t43
21,483
31.515
2ei),9.^5
2.68,440
2V<6 040
31<»,40H 394.810 427,762 4,493.721. 4,B08,87£, 1,8(15,763
£4,l'j6 J14,234 £1,S69 i.48,002 Jk48,282 447,273
.
1 arrm.
(0008 omrttsl.)
_
Holland
Otumauy
Olh. Ei.ri'De (except Tui key
Ifai^t Inniet*
Cbtnaund J'pan
'J'nrkey
and
I'uypt
.AH otner countries
Total lbs
'.'.'.'.'
'.'.',
2,646
2,166
4,H1H
4,5U7
1,685
2,737
1,083
3,112
29,618
31,661
85 831
2,>iKl
3,ltlH
28,'.!«6
3(1,763
83,072
5.245
4,306
8,146
51,247
48,705
2«,.53
82,151
10,678
60.851
61,.
47,376
8e,<29
46,335
S3 162
24.206
10,373
2,65il
8,l'51
808
a",68il 21,650
2,41(1
1,027
1%
lbs., 6c.
Monument to Eli Whitney.— At a meeting of the Eli
Whitney Monument Association held at Augusta, Ga., Dec. 33,
a resolution was adopted to erect a monument costing 850,000
to Eli
—
East India Crop. The following is from Messrs. Gaddum,
Bythell & Co.'s cotton report dated Bombay, November 21:
The crop news thi^ week; is generally yood. beuefloial woatlier now
prevaiUag in every district. Tliroui^out KUaudeiah pickin? i< going
on. and seed cotton is comin? into tlie villages and giunini?" facjtories,
and tlie style of tlie flrst piclcing is satisfactory. In the Berars picking
has only just comineoocu, the crop not being so forward as that of
Tbe Broaoli and Bhownuggu districts a 'e getting very
lavorable weathpr, and flowering in general, and bol a ar<) allowing
Uere and there. Bengnl crop ia backward, and o ly a amall lot lias
come to hand, the quality of which is satisfactory.
Kliandeisti,
•
The Bombay Company's Cotton Report of the same date
says:
Tlie prospects of the gowingcrnp? continu' to be moat favorable
everywhere, with the ex'eptioa of parts of the 8 luthern Mihratta
country, wh-re rain is needed urgently. Picking Is gener-il in tbe Bengal and Kliandeisli districts, and a few sample bales have reached here
showing exci^Uent qualiiy. Cotton is arriving in small (luantities in
some of tlie Bengal markets. In Broieh the plauta are ll'iudshing and
From Dhollera we hear excellent reports.
well advanced in flower
The Bombay Prices Current of the 31st ult. says:
There was little of interest in Monday's telegraphii; weather and crop
roporta from the cotton districts, the weather having gen(>raUr continued fine and seasonable since the midiile of last week. In the Bengal
circle cotton was arriving in small (|uanlities at Agra; In the Cawnporo district picking had become general, andat Bea«ar i)kkinit of the
flrst sowing had partially begun. In the Nagpore dl.'tricl of the OoBjrawuttee circle the plants were showing bolls, while iu other districts of
the sa ue circle the bolls were rapidly ripening, picking having oommenced at Kangaum and Julgauiu. At Broacli the plants were flourishing and in flower, the blossoms being eenerally adva ced; and at;
BLownug(rcr, in the liho'leia circle, the plants, which were dolus well,
were showing bolls In some places. At Sholapore, Bellary and Hubii
rain was much needed generally.
Ten cents of unseasonable rain fell at Delhi after the date of the
above advices fro ii the diatriits; lut yesterday morning's telegrams
reported a continuance of favorable weather for the maturing cotton
over the whole of the area. Cotton had begun to arrive in small qnantitioa at the district marts in the Bengal iircle, and .at Dhulla
the
Oomrawuttee circle; and at Barsce arrivals were eiprcted early; while
in other districts of the same circle picking h d beoiimt! geaer.*!. Tae
crop was reported excellent in the Wadwan district of tha DioUera
m
ciicle.
The Exports of Cotton from New York this week show an
increase (Ximpared with last week, the total reaching 18,907
Below we give out
bales, against 11,130 bales last week.
aeual table, showing the exports of cotton from New York,
and the direction, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1891, and in the la8t^
column the total for the same period of the previous year.
BXPOBTSOP COTTOS (BALES) FROM NEW YORK SINCE
Ending-
Weele
Exported to—
Dec.
Dee.
11,
Dec.
4.
Same
period
previour
Sepl. 1.
21
1891.
1,
Total
since
Dec.
18.
SEPT.
year.
1,500
7,763
1,850
163,805
35,582
164,094
30,169
7,320
l.b'Sl
9,613
201,387
191,263
809
596
610
11,818
13,189'
809
596
610
14,818
13,691
579
1,239
1.526
3,105
571
1,700
2,141
17,083
30,309
31,778
13,685
28.716
28,665
Tot.toNo.Ecbope 0,712 2,955 5,870 1,115
1,907| 3,154
Other British poits..
7,097
2,6J5
2,113
Tot. to Gt. Brit'n.
9,792
1,137
Liverpool
202
Other French ports..
Total French
Bremen
..............
........
Hamburg ....
Other ports
Spain, Italy,
mother
1,076
3,710
1,956
79,175
71,06G
1,619
11,653
17,154
6jO
650
155
2,269
15,303
17,C0»
18,311 13,117 11.120 16,907
310,713
296,629
&o
370
2,033
370 2,033
XOTAl, SPAIN, <&0..
Grand Total
2,376
The Following are the Gross Receipts of Cotton a*
Sew York, Boston, Philadelphia and Baltimore for the patk
veek, and since September
NBW roBK.
N. Orleans.
ThU
Stnee
week.
rezaa
8.826
8.702
Mvannab
7,762
1,
1891.
BOSTOH.
Since
Sept.l.
TI\U
week.
Sept. 1.
207,480
170,193
18i,390
77S
13,839
1,573
18,429
sn,418
231,391
47,860
Philadelph'a
TA«>
week.
Since
Sept. 1
BALTIUOBE.
riiit
week.
Since
Sept. 1.
4.811
1,289
11,95?
1,283
6,137
3,139
76,161
3,993
3'1.79<
2,849
2i,80I
Mobile
3,018
5,i38
4,318
5!^c. for
100,900
21,011
Total exports of cotton manufactures
being virtually over.
3(1,768
B,44fl
52
226,881
237,186
2i)3,631
H0.S54
i;il,3-'2
fl(i.M0
?.^'"^' .B^GQiNa, &c.— Practically little
wi^^
pjxea in the market for jute bagging the past
has transweek, the season
Honda
343
4,045
So.Carol'a.
No.Carol'a.
1,808
yirmnla...
6,6v!3
68,719
2^,838
02,767
Sorthn pts
Teno.. &c..
Corelsn....
4,174
Wi la Tear
l."R»
TUMf
715
3M
866
23,910
2,66S
3,187
U8,808
7 75,770
23,944
331,038
5,875
4tS,306
7,28«
143,588
S^.^ftl
«fl'.6Il
11,8«0
282,419
ft.lfl*^
S .114
4.'-.«'
13'!.r4»
55
..
1,616
..
.
..
Deobmber
1
mi
THE CHRONICLE.
20, 1881,)
SBippma Nbw8.—The exports
«t%te8 the naat week, aa per latttt
208,813 bales.
of oottoa from the United
mail
returnii,
iMm, sfaamnr nir.i.
hare rMohad
'
sMfMoMhr-
for
'UjrK*.
pl<
Bew Tom—To
in'
'
WTflrpoot.p»r«t«»iiier« Cltr of Ohont-r. 3,"e*
^**—T»>>rt<'.'».*16 ...Wyom-
205
200
.V.V
1
IB*
6^0
100
'"
'
2,6116
37 IBS
To Havrp, per steainxr BrookHelil, 2.987. ..•
..."1I"1"
To Diiukiric, i)er schooner SiiKle M. Plummer, 2,603 '.
"•""
-"""
-"'•
To Rou'Mi, per
steamer-'—"••
DrllllcUt, 800
To Bremen, per stoamcra Blue Jacket, 3,603.... Knlzht
2'll«7
2602
'"ftOO
Errant. S.-200. ..Nor, 3,232
...
To Hamliurg, per ateamera CUeruskla, 1,900. ...DaylljiiV,
1,067. -......-............._..... .... .......,..,,,,,,.,
','."
To Uenoa, per ateamer Tiverton, 4,781
OiLVKSTOR—To Liverpool, iwr steamnra Cyril. 8,520 ...Eiba,
0,098
eprlnglleld, 5,480
Venus, 7,2U0
W.iudlt),
3.616
ToHavre. per steamer Marltana, 4,106
.Aleuii.E— To Lfvcrimol, per steamers Helloiies, 7,061
Verax.
7.0B3
;
;
aiVANSAH—To Liverpool, per steamer KlnKdom, 8,622
To Havre, porsteamir Nant Owyant, 4,432
To Biem.u, per steamers Sophie Rlokmers. 8, 142
Tuakar.
„.7.417
To Barcelona, per steamer Benlta, 4,2U0
- £aUNSWiCK— To Liverpool, per steamer Lancaster,
5,100
Charleston— To Bremen i>er steamer Crown, 5,019
To Barcelona, per brig Prim, 880
To Naples, per birk Adele. 1,300
Wilmington- To Liverpool, per steamer Upland. 6,942
tJOKTOLK- To Liverpool, per«t«amers British Queen, 3,376 ...
Olive Branch, 5,819
Victory, 5,132
Nkwpost New»— To Llveriiool, per steamer Istrlan, 1,802.
Boston— To Llverixiol, per steamers Michigan, 3, 569.... Pa Tenia, 1,915... .Fhtladelphlan, 4.378
To Antwerp, per steamer Bauniwall. 1,042
„.
To Yarmouth, per steamer Boston, 234
SALTUfORB— To Llveriiool, per steamers Barrowmore, 2,249....
iSobraoB,
14,432
8 987
4,781
27 920
4 166
14,124
5,622
4,432
1,,,R79
4,200
8,100
5,019
14.327
1,802
9,862
1,042
234
100
Rlallo,
1,C00
1,201
Vau^AOELPHiA—To Liverpool, per steamer Ohio, 296
296
«..^..«
Total
208,813
The particulars of these shipments, arranged in our usual
<orai, are as follows:
Havre,
Tar-
Hull it Dull- Bremen
LiverLou- kirk dt <£ Bampool.
7,7(53
W.
Orleans. 37.188
GalTeatou. 27.9 iO
MobUi!.. .. 11.121
5.6^:!
Savauiiab
Brtinawlck. 5,100
.
don. Houen, burg.
610 2,271
1,850
0,069 17,b93
4,166
«••
100
and
Yok->.
toerp.
Univ. Mojal.
l,Hl'9
" 1
4,7
......
68,407
32,038
14,124
29.833
5,100
6.899
4,200
««*«•
*««**«
1,880
1,042
1.201
Total.
650 16.90
234
6,942
14,327
1,802
11,138
3,982
296
296
Total ....133,597
1,85015,377 40,263 4,387 12,450
884 208,813
Belo\7 we add the clearances this week of vessels carrying
otton from United States ports, bringing our data down to
dALVESTON-To Liverpool— Deo. 19 -Steamers Aloeden, 8,928: County
Deo. 22—
T)eny, 3.426
Deo. 21— Steamer Kllmore, 8,480
Steamer Windsor. 7,360.... Dee. 23— Steamer Klta, 8,491.
To Bremen— Dec. 19— Steamer Ipsden, 3,157.
To Vera Cruz-Dee. 21— Steamer Whitney, 200.
«»w Orleans—To Liverpool -Due. 18— Steamer Orndn. 7,900
—Dec. 19— Steam -rs Bellardeu, 5.600; Chancellor, 12,72 X Delambre. 2.300: Gloucester City, 5.300; SIddons, 6,310. ..Dw. 21—
Dec. 23 -Steamers Cuban, 8,250: EnDec. 24-Steamer Kiplorer, l.S.'SO.
tlniie, 3,440
ToHavre— Dec. 19 -Stearaeri Brazilian, 6.929; Dorset, 3,450.
To Bremen— Deo. 21-8teamer Southery, 5,832.
To Genoa-Dec, 19—Steamer Pelayo, 3,300. ...Dec. 23-8toamer
Po. 3,838.
Savannah— To Llvemnol— Dec. 23-8teimer Edenmore. 7,556
Deo. 2t-8te,imers Knutsford, .>,213; StraUUyon, 7,110.
To Bremen- Deo. 21— Steamer Wilton, 2,300.
Dharleston— ro Liverpool— Dec. 24 -Steamer Cardllr Gristle, S.608.
NOKioi.K— To LlverHool- Dec. 19—Steamer Scotia, 7,480.. ..Dec 24—
Sihiehalll.iu, 586.
To Ilavre-D. c. 21-Steamer Kestnr, 2.800.
To Bremen-Dec l9-9te<mer Toledo. 3.175.
. _..
West Point—To Llverp"id-Dec. 23—S earner British Qneen, 4,932.
BoiTOV— To ijiv>irDoiil -De'. 11 -Steamer Like H iron, 2..W7 ....
Deo. 15—st-'amerLanoaalrlan, 6,361. ..Deo, 18-8teamor Soythla,
D.arlen, 6,761
fK
\w»4mm} tkmn.
IVMf.
I
....
Do
J
<f.
Bremen, steam.. <!.
Do
via
t
Bam.A
ff
RambarKAteam.d.
Do
I
d.
....
Amit'd'm,atcam.e.'
60*
Do
4.'
Barceloiia,steami<.
60*
SO*
Inllrrct
rf.'
....
Reval, steam. ...<l. I''m«'«
60*
I
do*
««»H»4 ««»W^
H*»u
....
....
....
H
!»•%
klat»V
Oenoa, steam... i(. 7,,g\|
I
l»a,t
Trieste, st<Mim...il.l
*]]!
hut
Antwerp, steam. J. 'a»H»« *si*"t4 »M»"«« »11»'»«4 *W*"t«'
f nr luu IDS.
t Steamer January Stil.
LiVERPOOu— By OAblefrom Lirarpool we hire the foUowiac
statement of the week'* wlea, •took*, Aa, at that port:
Dt.
Dae. 4.
Sales of the
week
i,':oo
6,100
46.000
5,000
Actual export
D*e. 18.
II.
58.000
3,900
4,000
51.000
e.ooo
53,000
bales.
Of which exporters took....
or which speoolaton took..
Sales American................
2>«e.
t4.
67Atm
^ pf^
I7ja^
^8^MK
00,000
8.300
0300
54.000'
7.0W
laO^K
81.000'
Forwarded
76.000*
79,000
ttjOtlZ
Total stock— Estimated
L.OIO.OOO ,148.000 1,197,000 i.aoi/nS
Of which American— Estlm'dl 824,000, 9.86.000 1,008,000 i,oaimC
Total lmi>ort of the week...
lOd.ooo; 218.000| IJtf.OUOi 1773K
138.000'
Of which American
91.0001 202.000
Amount afloat
470,000 42»,0O0 4J0.00OI 4tOjMl
460.000 41O.00O 4 20.000
Of which Amnrloao
!«&>
4oo«a
The tone of the Liverpool market for apota and fatorea aaak
day of the week ending Dec. 31, and the daily olodng prioct
of spot cotton, have been aa follows:
Salurdajf Xtrndttf. nM*(<«y.
Market.
1:45
P.
Oood
damacd.
M.
Aexp,
ToYarmonth-Deo 22-8t<>amerYarmonth, 16.
SAtriMoRB— r<> Liverp«d-D.-o. 16 -Sieamor Mongolian, 3,437
Deo. 18-8teiimerQiioeniimoro. 2.039.
To Bremen- Deo 9-rfteauitr Ameiloa, l,101....Doo. 116— Steamei
Braunsehwelv. l,l5o.
To Kotterdaru Deo. 14-8teamor Venango, 499.
Below we give all news received to date of diswiters to
efnels oarryinK cotton from United States ports, &o.
was
Abyssinia, steamer (Br.), from New York. Dec. 13, for Liverpool, wrburned at sna Fililay. Dec. 17. The passenger* aud cr.'W
ft
which
Sprue,
1
taken off by the Nor n Gennau Uoyd steamer
and l.uid.d >C 8i> itna.iii| on
Hew York Deo» 18 for Bremen, miscellaneous
including
cargo,
Dec 22. The AbysMniacrrioil a
have
1.-J.3 bales of cotton, la whlob the lire Is supptMod to
Fair
basinaaa
dolna.
WMiM*. Tkurtff.
StMdr.
Oood
,, k«,_-,
boalBSM la MTSra
4I«
41«
AU
4^
13.000
3.0.0
12,100
4,000
10,000
13.000
3.OO0
Uld.Upl'ds
Sales
Bpee.
2,0 JO
4*«
8.000
1.500
i
Future*.
Qnlat at
Market,
rket,
I
1:45 P.M.}
daellna.
Market,
Qalsl.
4
P.
M.
Standy at Steady at 8*«adr a' S'^alr at
|.«4 dai.«4ad.
1 14 ad1.04 davaaor.
allo*.
vanaa.
olio*.
Qalat aad
Baratr
>,_,
QalM.
ataadr.
The opening, higheat, lowest and olonng pnoea of futurae at
Liverpool for each dty are given beloiv. Pricaear) oa th«
basis of Uplands, Low Mi Jdlin^ clause, ualeas otherwiae atatad t
•an
Sal., Dee. IB.
Opaa HI«A low.
«.
411
Daa.Jaa....
4 11
Jan..rab....
reb.-Mcb...
Meh.- April.
A|irll-9UT..
MaT.Jnna
.
dTj
4.
D««. 31.
U
4 U
4 17
4U
4
li
4.
4.
4.
4 11
4 tt
1
,
4 11
11
4 31
4 41
4M
444
>
4 44 4 4*
'
Wa*
....
;
11
4|
I
« II
I II
II
Jaii..rab..
4U
rab.-Meh.
4 1«
tltl4lt 111
114
(111 ll» 4 l< 4 I > I 14
447
4>)l
.
,
It
»H>
<
,
1
I
I
I
,
I
*U
I
JJ
4U
4W
4M
tas
as
!>••.««•
I II
« 14
t
4 11
4 4'
....
•'*•
411
Aprtl.Mar..!4<4
1 IS
....
4 11
ll
1 It
4 IS
44a
I>«a..Jaii_
U
1 11
I
* 11
4IJ| 4
4U
441
Daee-nbar
« 11
411
*», *» tt»
Than.. Da«.«l.
4.
a.
4 111
4 11
t«) 4I»|
4tS i» 444! 411
4ia 4 tr t4s 4tr
....
....
II
'
*i
1
411
4 41
4t« 4** 414
0|Mi»!hi«» Lata. 01aa.j 0«M»
Mar-Jana
4 It
4 15
4 14
'
I
Wea.. Dee.33.
2an«-Jalr., 4iO
Jolr-AB«... 444
Aasiia4» ..
Aa«..8ap4
*•
*•
4 11 '4 11
I
I
412 '4
Jsne.Jalr-. 4 31 4 31
lulr-Aoc... 444 4«4
Aosuat-....
Aa«..8«pt..
0,*. BHk'Uw.[
Olae.'\Ofem,'Blik' I-.. Ota.<
«.
Dm. 9*.
Tae*..
414 J4I4 4 11 <U
«1J ;4U 4 14 4 14 4U
4 lA 4 15 4 14 4 It
4 IS 414
413
41«
4 la 4 17'|418 4U 41; 417
410 4U 4tt 4a 4tl 4tl
4*0
4M 4«i '411 4tl'!4M 4*8 Itl 4»
448 490I440 418 4M
4 27
Daoambar.
1.417.
originated.
*is
bid. ..A'
-the latest dates:
Steamer
Hon.
Iis
Havre, at«am...<<. I'h***
Spot.
cf
2,144
5,019
6,942
JTorfolk.... 14,327
ITp't News 1,802
Ronton
9.8«2
Baltimore
2,651
FoUadelp'a
««**
Do
ii'va
w—k hay hmu M CoUowi
MIMT.
Uverpool.aC'aiorf.
»tw .^
bam iS Uoockf tha
eanool be aut«d,
pM>
ttf/t
mt
naaur w»» i«v*«
ta •itlacalali Ik* •<
«ir.irt«
Spain ntouth,
Ant
1,432 15,579
Charleston.
Wllmlnirt'n
TM
«
."SgO
2,681
201
loss
1,300
6,942
403
City,
The
eicaad <3S,000.
Ootton fretghte
i.........
To Havre, perpteamer Khlo, 10 J
To Antwerp, per steamers Baltimore
eoodaued
1,700
Mr**
•t lb*
tua Krla Uaiiii, wltaro tan
67t
KnUlitCoiumanler, 12,134. ...Mexican, 9,000. ...Nutfeld.
C.GJ.i....Wiii. CliUe, {i,829
omo
SOU
610
"..!'"'!
.'.'.'.',
'itWt>M4 ltt»»HlJU»
d bxr lata
front th'
•1
will ho v
1,<<A0
'
'
To Niipli'a, per sU'aiuir BoUrta, 200
To Trli'dte, pir ntoaiinir Bo Ivl.i, I.IM
To yokohaiiiii, pt-r Bt«am<T (llonoiilo. 880
To Mazattan, per Bteaiuer Clly of Para,
Wbw Orlbanh—To l.lveriHiol, per itMiiDera100
0«talaD,
tif
hiirr,
1 ,
27o....L<<print<), 3or......~.;;~7r.7..l'.T'.
To Qennn, per HtnaiiK'r Ilnllria, 3f!9
na rafOMS
A'l'
7,7m
To fl ill par BtiiaVnur I tViidoo.'SboI '.'.'.'.'..'.'.'.'.."'.
To Louiloii, per dteiuuer-i KiiKlund. >00 ...Hemphit, i'.iio'
To Havre, jwr Rteam«r L» Uiiiir>rii»;ne, 610
To Brciiioii, per «t(i.im\r Klin, fti 1
To HauibiUK, por Kt4 amnr.t liltiili, H6()'..'.'Rugi»,"8bd
To Autwcrp, per maaiucra Friealaud, l,S13....0rMbrooke,
•"•—"•—"•
JJow York.
nil'
'•^°*' •••"'''"••
883
Ohm
5f lk«
«.
n
—
—
.
{
THE CHEONICLE.
976
BREADSTUFF S.
TuuKSDAT, December
24, 1891,
The market for wheat flour has shown more or less depres
The local trading has been dull, as it usually is just
Bion.
before the holidays, and the export demand was held in
abeyance by dull advices from the European markets, a good
business for the West Indies alone relieving the general dulness. The decline in wheat, u-ider such circumstances, natand the coarser products,
Tirally caused weakness in flour
feeling the same influences, also gave way more or less in
values. Yesterday the market was steadier, but remained
;
quiet.
an excess over current requirements all combined to force
a selling movement which, though only moderate, was suflicient to cause a steady decline in prices. As values gave way
the export business improved a little, but was at no time
to
On Wednesday shippers took 176,000 bushels, including No. 1 Northern spring at $1 09 afloat; choice do.,
$1 121^; No. 3 red winter, $1 06M@|1 06}^, f. o. b., and No.
8 hard winter at 99}^c. afloat. Yesterday limited offerings
on sale and a demand to cover contracts caused some recovery in values with a fair business for export, including
No. 1. Northern spring at $1 095^ afloat.
DAILY CLOSING PBIOES OF NO. 2 BEU WINTBB WHEAT.
Mon. Tueii. Wed.
Sat.
Thurt. Fri
c. 107^
lue^e 10378 105^ 1061s
Jannary delivery
active.
February delivery
Marcli delivery
April delivery
MaydPlivery
o.
o.
o.
o.
o.
108%
107%
106 '8
106%
109
108^8
10918
10814
lOBig
109
108
IO514
lOT-a
105=8
108%
H)9M
108=8
IO714
10758
107 «8
108»8
lOSOs
10818
Marcb delivery
w
o.
.o.
o.
o.
o.
o.
Bal.
Jf on.
Tues.
Wed.
59%
feis
5519
bs^
53
55
53
521a
5218
52i«
54I4
53ie
52
51
50
Thurt
54 1«
52 '8
....
51=8
5iia
0.
c.
»1 12
05%»1 07
95
Bed winter No. 2.. 1
Bed winter
88 ®109
Fri.
.
Olereland....
3t.L0Dls....
'oorla
121,0)0
2,927
77.892
14,000
652,405
27,500
254,723
199,801
201,812
iame »k.'90
'ame w«.'8»
Rv:
Barln.
126,840
18M
418,675
358,400
139,699
48,780
10.200
80.722
1,601)
13,300'
14,880
••
174,500
87,280
25,443
1,201,680
45,025
95
13,755
70,700
61,800
297,783
307,'K>
897,2il<
5,051,043
3,423,701
2,190 455
939,710
2,586,319
2,115,931
1,567.514
1,8 18.312
789,219
5.008,365
1,583,359
549,495
5,184,500 137,385,814
4,809.2«5 61,110,480
6,216.>^87
76,94«.23?
1890
1889....
18,857
7,700
228,431
110,390
158,979
43,719,702
49,291,0.3,1
40.752 253
43,748,535
ii».44M.0 47
3'<,537,767
17,716,674 11,717,717
19,857,785 2,248,279
14,446,261 3.8.59,294
Exports op Breadstupfs for November, 1891.— The folmade up from the statement issued by the Bureau of
Statistics shows the exports of domestic breadstufls from
lowing,
the under-mentioned customs districts of the United States
for the month of November in 1891 and in 1890, and for five
months of the fiscal year 1891-92.
Breofietufs
Exports.
Five Months.
<^'ntlti«a
Barley, bush.
"lew York ...
Boston
Value.
Value.
(iu'ntities
83,468
11,826
57,908
7,557
391,035
242,468
27,951
19,6t9
1,184,501
814,939
£51,675
lOH.MMo
59,218
5,313
333,5115
10tl,525
478,194
17,318
24.452
70,014
41,011
8,902
116.118
Quantities
Valne.
58,64»
7,657
81,586
11,328
Philadelphia.,
aalttmore....
Sew Orleaas
New York
Boston
Philadelphia....
Baltimore
NdwOrleans
Pac. cust. dists.
Other cus. dlsts.t
Total, corn
Comr^meal.
818,009
57,515
5:0,440
791.224
27.592
38,375
113,165
B6.671
8.768
212,793
2,020,188
1,334,811
1,258,586
754,009
10,278
87,634
16,475
12,734
14,644
9
30,685
83
37,6«
8,V4'
H.483
8,0:
874,215
5,0 6,206
l,-.!25,24a
7,493,,930
2,005, 117
68S.;i59
527. 668
3H1.T94
858,408
168,852
214 28;i
3H.e
;6il
411.852
1,872.334
1,012,944
81,998
30,581
284,515
93,137
bbls.
New York
Boston
5,45(>
Philadelphia....
Baltimore
New Orleans
40,.532
35'
1.40(>
"3,969
11,756
A
13
1,274
2,559
68,4J-
30,273
78,946
112, 148
380,329
796,473
358,0611
3,071
22,062
11,498
551
1,320.1911
588,064
3,680
499
8
10,39
l,47i.'
31,381
29
12a
"5,993
"19,776
Pac. cust. dlsts.*
Other Gus. dlsts.t
Total, corn-meal
Oata. bush.
Boston
57
55
57
56
!^^
1,210,723
1S9,000
•<«« Aut.
10,0ti4
Philadelphia
Baltimore
New Orleans
Pac. cust. dlsts.*
Other cus. dl8t8.t
Total, oats
e.7tfi
V4
li
3.C8;
10,9-8
25
184
1,065
18,»03
6,001;
2,400
457.8itt
8,989
170,537
470,047
31,77<
18,38«
1,808,509
771,77*
5.901-
70('
17,120
445,300
IS
13,S90
380.845
4,n37.«2«
25
6
16
10
8,736
280,822
4.22'
101,654
1,076,141
278,816
S33,840
372.1U0
875
20
24
10
97
525
Oatineiil, lbs.
New York
7,4411
•61-.?,100
8,273
128,860
14,818
1.2U3,1B0
36,12ft
65
36.096
S
Othercus. dlsts.t
19,8u0
12,000
650
300
4H8
134,600
72.000
4,364
1,800
Total, oatmeal..
2,739,501
67,613
17,289
7,2.0,918
194,084
692,033
703,096
23,100
3,445,684
105.390
1,348,127
133,811
92,195
24,817
183,362
80,997
22,057
741,892
231,523
119,740
2,333, l8a
718,49»
203,051
97,267
!,105,771
942,158
940,412
23,100
6,977,395
6,557,708.
8,442,058
410,069
626.134
6,878,984
8.54,152
33,220,97*
1,603,741
PhUadelphla....
Baltimore
1,2:18.1.S3
New Orleans
1,273,479
l,23ll,»<9
Pac. cust. dlsts.*
1,169,112
4,704,819
Other cus.dlsts.t
305,450
Boston
—
Philadelphia..
Baltimore
l,203,le0
New Orleans..
Pac. cust. dists.*
471
3,410
15
Byejiush,
New York
Boston
Philadelphia
Baltimore
New Orleans.
..
Pac. cust. dlsts.*
Other cus.dlsts.t
Total, rye
Wheat, bush.
Sew York
Boston
Total, wheat
!>8,989
4,88»,973
361,617
7,966
42.073
2,614,635
84,166
2,0b8,315
83,95-
30,971,896
1.658,100
5,920.117
12,8 8.428
7,459,759
16,570.3 i4
4.14J.319
14,955,78 J 13,716,093
3,399,430
2,894.544
79,458.967
83,004,20*
1,129,6,(6
ttu0,224
1,609,383
639,791
175,637
1,112,643
22,p74
673, S43
6i8,316
7,893,239
3,369.036
2,358,874
5,853,667
123,933
3,210.651
2.917,409
3,878,068
5,087,70J
23,769,702
635.508
15.023
426,723
661,018
15,023
7,680
45,4il7
6,326,492;
13,326,778
7,948,052
16.509.9254,0?3,238-
Wheatrfiowr, bbu>
New York
70,1.805
Other cus.dlsts.t
146,881
106,051
817,323
228,2 8
117.578
73.232
171,811
2.693
166,88a
35,051
Tot.,wheatrflour.
1,143,602
5,749,09H
793,080
Boston
Philadelphia..
Baltimore.
New Orleans..
Pac. cust. dlsts.*
. .
378,012
H5,74M
109.865
306.154
11.907
1,783.715
309,632
551,817
1,829.162
07,144
353.920
913,365
13,i:i6
661,»09
478,803
Totals.
New York
—
Boston
«
53%9
53 a
52 3
2,081
8,927
29.831
3,800
New York
52a«
5214
5138
48
1,411,346
1,837,880
Toledo
Detroit..
863,760
496.434
1 080,192
158.412
48,905
rotal. barley....
Corn, bush.
96 •3108
39i»» 41is Rye 40 a 4,3^
Western, per bush.l CO •311 02
39%3 41
^tate and Jersey ..100 ai03
4Ui«3 411a Barley— No.2West'n. 72 a 7d
No. 2 white
Buckwheat
60 3 63
State, 2r'd
64 a 66
State, er'd
70 a 75
West, feed'g
50
63
The movement of breadstutis to market Is indicated in the
Statement below, prepared by as from the figures of the New
York Produce Exchange.
We first give the receipts at
White
Oatfl— MLred..^ bu.
White
No. 2 mixed
3IU0SKO
Uilwankee.
Oulnth
Minneapolis.
fi
Com, per bush.—
West'n mixed
Steamer No. 2
West'n yellow
Western white...
OaU.
Corn.
Pac. oust. dUts.*
OHAIN.
Spring, per bush...
Wheat.
BWf.lMlbJ Btuh.eoibi' Bluh.B«lh Bmh.S2lh- Buth.A»lh Bu. 58
other ouB. dlsts.t
52
p.
SB
May delivery
51
June delivery
50
Oats, although showing no important increase in the movement of the crop, have declined, from sympathy with the
markets for other cereals.
The export trading has been trifling, but the speculation frequently quite spirited.
Yesterday a part of the recent decline was recovered, owing to a
emaller crop movement.
DAILY CLOSING PRICES OF NO. 2 UIXED OATS.
Sat.
Mon.
Tues.
Wed.
Thurt.
Fri.
December delivery.
o.
4058
3958
39-3
40>ii
40
L,
Jauuaiy delivery
c.
40
39%
39%
3914
39%
51
39i4
Maydellvery
3919
38''8
0.
3914
39is
r
Rye declined, and the reduction led to more activity, the
sales on Wednesday amounting to 88,000 bushels No. 2 Western at $1 01 in store and f 1 03 for special forward shipment.
Yesterday the market was quieter but steady.
Barley reflects the revival of demand for feeding grades of Western,
which have sold quite freely at 50(g53o., with some business
in malting grades, including two-rowed State at 64@65c.
Yesterday the market was quiet.
Buckwheat was quiet at
60@63c. for present and forward delivery. Yesterday 10,000
bushels State sold for February at f 1 03.
The followiog are closing quotations :
FLOUK.
Fine
V bbl. $3 003$3 60 Patent, winter
$4 80»$5 20
Buperttne
3 25» 3 75 City shipping extras. 5 15 a 5 25
Extra, No. 2
3 65® 3 90 Eye flour, superflne.. 4 903 5 10
Extra, No. 1
4 0U®4 40 ^'"uie
3 75® 4 25
Clears
450® 475 Corn meal
BtraigliU
4 703 5 15
Western, Ac
3 25 « 3 40
Patent, spring.
5 00« 5 50
Brandywlne
3 SO '9 3 60
Buokwlieat flour per 100 Iba., $1 90 a $2 05.
[Wheat flour In sacks sells at prices below tliose for barrels.l
Wheat—
now.
at-
Steeiptt
^
105% IO6I4
June delivery
Indian corn declined sharply early in the week, The
movement of the new crop at length assumed excessive proportions and the pressure to sell increased accordingly. At
the lower prices the export business became larger. No. 2
mixed sold on Wednesday at 54?^@56J^c. in elevator and
afloat; "steamer" do. at 54@55c. in elevator and afloat, with
yellow about the same as mixed and white about one cent
be low. Yesterday there was some irregularity in futures,
the earlier months being cheaper and the late months dearer,
with a fair export busiuess at steady prices.
DAILY CLOSING PKICES OF NO. 2 MIXED OOKN.
December delivery
January delivery
February delivery
Western lake and river ports, arranged so as to present the
comparative movement for the week ending Dec. 19, 1891.
anr* since Aueast 1, for each of the last three years:
Tot.wk.'9]
declined sharply. The large quantities coming
forward from the .West, a material increase in the visible
supply and an increase in the quantity on passage for Europe
Wheat has
[Vol. Lin.
Ptlladelphla
Baltimore
New Orleans
Pac. cusi. dlsts.*
—
Other cus.dlsts.t
Grand
total..
.
10,636.228
1,204,089
1,329.848
3,121,531
1,*SI,699
5,799,698
1.115.893
2,337,189
677.391
378,405
1,022,321
24,588,979
•Value ol exports from PaolBo
Oregon. Orei?
Puget sound, Washlniiton
'
l).0<6,216
^0,;^2^950
99,92.')
8,4-^7,634
2,779,1155
387,515
20,715,957
10,301,463
7,682,001
125.747,300
districts for the
191 ,032
50,358,048
8.520,112
month of November,
Willamette, Oregon
1891;
$1,145,833
814,749
iriTT,"^;^
15,799,898
San rancisoo, Calltornla
Total
3,748,094
t Value of exports from other custorns districts for the month of Nov., 1891
Braios, Texas
|953,833
12,115 Newport News, Va
lo,050
Detroit. Mlchiiiian
«5,l'83
Richmond, Va
1
l!
I
Uuluth, Vllnn
2h
,500
I
Horon, Michigan
|1,113,893
19,833
Total
10 in. -This ntatement Includes about 88 par eent of the entire exports of the.
anicles nmued from alt uorts of the countrv.
1
.
.
.
1
Dbcxiibkb
THE CHRONICLR
S6, IHttl.J
The recelpto of flour aiKl icrnin %l th«
vraek endud Djo. 10, 1891. follow:
W^tal,
rimir,
Corn,
hbU.
buth.
kiuA.
174.879 1,710.780 1,32«,07R
6''.2I2
18.^.514
330.313
At—
N,>w York
Bu«t«n
Moutreikl.
9,7B;
PhlliiilKliibU.. 78.M2'<
UHltiriif>r(* ..
..
S.'.'OO
lO.OOv)
.
for Iho
Rarity,
buah.
Oal$,
bt4»h.
080. 8i»
28^300
231,800
II.ISOS
si.inu
23,441
lO.'J.sss
39 ••,227
&57.238
lO.OOO
208.314
5e.'S.37.\
108.032
10.500
2,010
51,^64
20.400
If
"ooo
03.8 '3
18 434
The <-zDorti> from tbo B«ver«l eeHboard porta for the w. ck
en line Dec. 19 1K91. htp nhown In tho ann<^z<>d Rtntomfti'
Com,
Whial.
frum-
Bhtt.
Oa(f.
3.13.339
139.105
144,850
84.riy,
1.7«^
67,071
150,358
looio!
8^61
125,811
24,0(10
141.201)
20.tt<)0
IhtMk.
86,577
04,083
2H.897,
as.fioi
is.xoo
61,
lot. week. 3,275,887
20.000
442,358
594,345
386,977
666,841
211,247
100,850
331,056
261,884
1,161
4.234
114.B31
The viaible supply of i^rain, comprising Cho stocks in graaiu y
at the irincinal Doints of aocamulatiou at lake and Meaboa d
ports, DdC. 19, 1881:
Hat ey,
Wheat,
Com.
Oat;
Uy*.
bi/»h,
M«.
btiMh.
btith
HmbK.
f n »tore at—
7.531,775
589,129 1,179,973 1,093.800 153,518
Njw York
8.1.390
28,000
440,000
Do aUoat
1«,800
14,5U0
6,500
17.000
Albiuiy
3,726.285
64,614
17,145
133.989 929.188
Biffalo
.
Dalntli
afloat
.
Detroit
Oswego
8,45S,230
446,574
4,736,225
400,703
1,599,171
862.827
2,940,948
afloat
Cincinnati
BiBton....
Toronto
Montreal
Phllaalelphia
Peoria.
Indianapolis.. ...
Kansas City
Baltimore
Mlaneapolli
lOS.lOO
21,000
157,l?3
85.142
234,058
592,754
12.363
39,757
1,076,184
1,651,750
7,495.632
On Mississippi
On oanal& river.
Dec
1,154.009
41,644
783,557
22,820
546.871
106,624
312.156
37,070
12b,856
22,987
100,810
51,437
167,348
87,066
11,694
30.000
.. ....
St. Ix>al»
Tot.
Tot,
Tot.
Tot.
Tot.
.
605.009
afloat
OhioaKo
Milwaukee.
Do
itbar RnropMui..... ........
18
ijhioa
18ft
(nrtla
83
IHO
Arabia
8,200
108,124
400
288,335
348,2 i4
33.500
160,583
49.3,125
10 -•,231
42.283
6,279
76,840
568.248
4-n.282
187.803
155,605
110,871
15,727
2,2^5
18,000
11,228
86,20,%
297,537
26,76J
82,060
170.000
108,517
9,184
101,000
5,610
145,816
219,59J
'I'SiiVo
'"6,164
350
17.ono
87,183
165,208
13,906
17,000
3,115.022 3.843.089 2.43 !.260 2.428.109
3.085,366 4.425,732 2,386..303 2,443,675
479,721 4.23-<.028
2,1 17, iit2 3,454.452
34,274.799 5,856.957 4,853,277 1.251,630 2,510,9 (3
37,213,583 6,32 7,430 8,010,025 1,613,641 2,424,498
19.'91. 43.262,841
Dec. 12.'91
Dec. 20,-90
Deo. 21.'89.
Dec. 2i,'88.
„..
Total
•Baoavar
11,470
1,03'i
8«,1U
OSS
13
3.»il
8.>
8.082
1,000
311,787
7,040
34301
700
OXI
17 8 iS
siTOO
iNiJtna
aijna
42.253, ><25
2r>.364.7(i8
Bmva
>^#
stock of Print
Hmd by
Om. SL.
Ott. SO.
3iKi,000
D«c. 10.
392,000
Total atooklplaoes).
laM
180O.
1801.
OMk§~
Providence mannfaotarert. 181.000
Pall Rlverinanufiiotiiren
110,000
Oaulde speculators (est)
None.
087,000
10,000
370.000
80,000
S.00O
807,MO
819,000
WMk
G X)D3.—Tbii
FOKBION DaY
has been a very qaiat
with importers in the regular way, and there has alao boea a
decided shrink'tge in the holi lay business. Between now
and the mid le of Jivnuiry mjch of im wrters' attentioi wlU
be taken up in preparing for their spring trad >, and no developments of importance are loiked for meanwhde.
InsportalloDa of Drr UooO.
The Importations of dry goods at this port for the we*k
ending Dec. 34, 1891, and since Jan. 1, and the tame facto
for the corresDonding periods of lant year are aw folloT
^
f
s
=M
2
The response
bleached shirtings, referred to in last report, has not been, so
In
far, as general nor as expansive, as had been anticipated.
a few of the higher-priced lines in use largely by the shirting
trade good orders have been plaosd, the Wamautta 4-1 shirtings for instance baing placed mdar contract to such an ex.
tent as to cause the restoration of the old price of lOJ^o. per
i:
iiillil
•
;
:
*
•
e
M
:
:
i
S:
i
3:
i
S:
•
ef-
i
im
I
In*
Aft
fcOP
s 2.3
I
Hi
yard; but jobbers have continued to act conservatively. Th«
volume of business in all dooaestios has in fact bean lesj th»n
Holiday influences have sonethin^ to do
with this, and it is hardly probable that any movement of importance will have to be recorded before the advent of the
new year. Although quiet, the tone of the market is qui'.a
steady at the decliue, and agents in nearly every direction
In new styles
re-assert that stocks are in comfortable chap».
of printei fabrics for spring a Kood busioess has been done
both by spot selections and throueh salesmen on the road
but wash fabrics continue quiet. The jobbing trade ha« been
indiflffrent in a regular way, and the week's bueiness has
been almost entirely dependent upon price reductions in odd
Th^re is continued absence
lots preparatory to stock taking.
of complaint on the score of collections, these being of a
>
'
Yoait, Tliurslay P. M., December 24, 1891.
from buyers to the lowering of prices of
last
II.MO
8 053
311,008
830,088
Ihroiii Mew aDrlaiul nlll potnu illrMt.
The raluft of the New Tork nxoort* ulnna Janaary 1 bar*
bwn «ll 2^S0.028 in IHOl a««lniit t9.!iiO.I>n in 1HM.
Staple cottons have be^n in irregular rrlj<i<><it,
sheetings were (pilet throiiglioiit a', un^'hang
i>at
iome giMid orlers were rt<<;ur>l*xl in 36 inch bleu
igo
at the lower prices made laat week. A g tod bu<i v^' nw »S»
been reportea in c<>rtaia colored oottuas, chi-fl^ i«f thedanim, chevidt and cottooade varietiea. Both Baatvrn and
Southern plaids are well sold ahead, but pricfS of the latter
rule very low, mainly quoted at t^c. per yard for ataodard
weights. Flat-fold cambrica are Arm in sympithy with print
cloths, hut silmias, jacconeta and fancy cotton lining! ar»
slow. White goods are inactive and barely 8t<>ady. A good
demand has been experienced for standurd printa at Ac. per
yard, with discount. The print.cloth market baa farther ad<
vanoed l-l(tc, per yard, to 3 1-lOc. for 94 aq'iarea and
2 ll-!6c. for 50x80s, with a largi busineH reported dartay
the week.
HBw
was
450
>O0
100
81
104
THE DRY GOODS TRADE.
it
lASH
«
118
131
Other ooantrlM
1At9
n
AO
940
Osntral Amnrlea
toatta Anisrtea
OhlM/«M.I.
M
4,IIM
1,A«>
3,048
0,031
1 4.0X1
0,101
18.00A
Total
me
time
1890...
IMMb
V*^
70
Ohliu,rta
Blohm'd
Do
im
Vm*.
3M
39.0(i7
m
h«|nw
%L
Mnxloo
40,000
jr.New»..
Toledo
Vuc,
*«iit Inilla*
Ay*.
Ru$h
118.871
43.847
4,219
IflO.l.'SO
7^!).3^4
3ti4,ai&
Bsltlio're
N. Orl'ns.
Hour.
Bu'ii.
Kfi'l).
1
«ewYorkl,»34..">7T
134.731
Boston...
87.2S3
Portland.
31,400
Norfollc..
124,m:<7
PbUwlel
Do
iw York to
ifrtoa
£xporU
8'
th<' ci»hi<i
14,800
e,(MtO
Ttotalweok. 41 4.60ii 2,046,ti26 2,e"0.iV14 1,141,791 507,878
S20.0d3 742.820 692,807 129.058
Oor. week '00 247,329
7
prafrmuM for tb« otripo «ad pUU Mrla with «ohal( lull*
and anything of the hooMopun and eb-rrlot orl*r,
Ui>Miiimo (!<iTMfi iKxto*. — riw MaiMirta of nouoa ('Wi4c
from ihU iHirt for th- wm%k nndln^ UMvabar 91 w«« t.OUt
p«okJMCMi, Talu'xl Ml iMM'ii, th»ir iaailaMMw batoc
tfea
iiintn RDMolflml In
8,073
20,fS.'i'i
6J.«)0
KIcbiiiond ....
Nsw Orleana
MsboArd poru
97
W30IUX
at X -' M 9
i^l^?
9
*l»M^jO
week.
§s
*
01
g»
I
2!?
e*
03M
I
-I 3D
S
u
•IMXHS
? t
s
•4
r
o»^»» ^ .^i
•*
^
.5
1.5=
SI
»«M*B«|9
MH
••
3^
H GD*
I
aw-ixo
58
S2
S
9 -1,0
I
-j» — 3 —
1
!3sa r
1
p.
I
O*^
c*i->ia<
I
O>M-JO*0
-J
u
St
to
si
5 «MV-)I
8S
I
= \t\rlr
*»
M*
""ha
5» MWMMM
mt
rtliU-*
pis
(0«<»»-<
-
-4
'
O"
'
'
--
h
t:a>
W-4
MK vata"*
I
slillliiM
Vx
6 si
1
hu
•1
So*
aatisfactory character.
Domestic Woolens.— The weather las be* n dead against
business in this department, as although the heavy-weight
untrade is for delivery for fill of next year buyer» appear
able to concentrate their attention on winter fabrics
nave been
opring-like temperature prevailing. Orders that
have
placed are mainly through salesmen on the road. Th-sa
run mi stly on heavy overcoatinus, woolen and worsted s lit
attractings ruling slow, new styles in friers suitings alone
reque.st,
ing particular attenii in. Satinets were in mo lerate
or
but doeskins and Kentucky jeans were neglecied. Fair
plain and
ders were recorded in spring stjle cloakings in both
Soft-wool
fancy makes. Flannels and blankets are inactive.
and worsted dress goods in quietly regular demand, with
-»
S8583
mil
Mwaei-
Isl
lii lilii
—
:
THE CHRONICLE.
MIS
St^te
m^
City D£f>^^Twr£i^T,
IVOL. LIII.
been in correspondence with various firms in regard
no sales have ai yet been made.
to their
negotiation, but
—
TERMS OF SUBSCRIPTION.
Commercial and Financial CHROXICLiE
con-
Virginia State Debt. We print below an extract from the
December circular of Messrs. John L. Williams & Son, of
Richmond, Va. The extract, we think, shows quite clearly
the better result for the holders of the Virginia consol bonds
under the settlement which has recently been effected than
con- could have
State and City Supplement of
been secured under the Riddleberger Bill.
tains 184 pages published several times each year.
It must be borne in mind that under the Riddleberger Bill
(a Cyclo- as it now stands coupons from July 1885 to July 1891 must
InTCStors' Supplement of
be surrendered with the principal of the bond, and no allowpsedia of Railroad Securities) contains 160 pages published
ance being made for them.
every other month.
According to this arrangement the $13,900,000 consol. bonds,
which have been recently offered in this markei- at 3.5, carrySubscription to CHRONICLE for one year §10.00
ing the July 1890 coupon, or the equivalent of only 33 with
which includes every issue of both Supplements.
the January 1893 coupon on, would be wortli, ex all past
due coupons, when funded into the new 2-3 per cent bonds,
40
tains
to
64
pages published every week.
CHRONICLE
CHRONICLE
The purpose of this State and
City
Department
45; that is to say:
$1,000 Virginia consol. bond carrying July 1893 coupon, if
is to furnish our subscribers with an addition to and a weekly
funded at 75 into $750 new 2-3 per cent bond's worth 60, would
continuation of the State and City Supplement. In other yield $450. This is upon the presumption that the new bonds
words, with the new facts we shall give, the amplifications when issued will sell at 60. This price has already been bid
in this market for them for future delivery.
and corrections we shall publish, and the municipal laws we
Under the Riddleberger Bill, the fundable value of Virginia
shall analyze in the " State and City Department," we eipect consols carrying the January 1893 coupon would be only
to bring down weekly the information contained in the 34'70, if we value new 3s issued in exchange at their market
State and City Supplement to as near the current date as price before this settlement, 65, thus
possible.
Hence if every Subscriber will note in his Supple- A $1,000 consol bond under the Riddleberger BUI is
fundable at 53 into $330 new 3s, which at 65 would
ment on the page designated at the bead of each item a
be worth
$344 50
reference to the page where the item in the Chronicle can But in order to fund the bond at all, all coupons due
July '85 to July '91 and subsequent must be athe found, he will at all times possess a complete and fresh
tached to the bond. The cost of these |390 coupons,
cyclopaedia of information respecting Municipal Debts.
which must thus be surrendered with the bond,
would be
[The third in our series of articles on the Laws of
Kansas affecting Municipal Debts has been crowded Leaving
at, say, 25
97 50
the net fundable value of the $1,000 consol
bond, carrying only the January '92 and subsequent
out this week.]
coupons
$247 00
Galveston, Texas.— (State and City Supplement, page
The new settlement would therefore under this plan be
The City Council of Galveston was authorized by the eighty per cent (80 per cent) better for the holders of Vir181).
last Legislature to issue 5 per cent bonds to the amount of ginia consols than the Riddleberger settlement if accepted
—
ft ,240,000.
A
city ordinance providing for the issuance, sale
and redemption
of these bonds requires that they be payable
and carry semi-annual
coupons, which shall be payable in New York and Galveston.
The same ordinance further provides that the proceeds of the
sale of this issue shall be used and expended as follows.
Two hundred thousand dollars shall be used in defraying
the city's portion of the cost of filling, grading and paving its
streets provided that not more than $100,000 shall be expended on such work in any one year from this fund or from
the proceeds of the issue of bonds authorized by this ordinance.
Forty thousand dollars shall be used and expended for filling streets and such property as the city may own, and which
the city conncil may designate to be filled or raised the expenditures out of this fund not to exceed in any one year
in 40 years after the date of their issue
;
now.
10 40 bonds, of which there are outstanding about $5,650,000,
which have been recently quoted at 35, ex all past-due
coupons, would be worth, when funded into new bonds, 42.
Connecticut— Town of New Haven.— (State and Ctty
Supplement, page 42). We have just received the town
agent's annual statement of accounts of the town of New
Haven for the year ending October 31st 1891 with a statement of the bonded debt on November 30th 1891. The bond
table given in our recent Supplement corrected by this
report stAnds as follows. Of course this statement does not
include the debt of
$20,000.
ses.
Fifty thousand dollars shall be and constitute a special fund
to be used and expended by the city council in abating nuisances on private property and for filling, grading and paving
or otherwise improving alleys or sidewalks in said city, in all
cases where the parties chargeable with the abatement of such
nuisance or with such filling, grading and paving or other
improvements shall fail or refuse to abate the one or perform
the other, and any expenditure from this fund shall be a lien
and recoverable by assessment on the property in respect of
and concerning which they shall be made, and when so recovered they shall be and remain a portion of such special
fund.
JVtne hundred thousand dollars shall be employed and expended by the City Council for and in the procurement of an
adequate supply of fresh water for said city, and in and for
the erection of an efficient system of sewerage and drainage,
including crematories for garbage, if found desirable, and for
the city's share of the cost of filling, grading and paving its
streets, under the following provisions.
The City Council
shall, on or before January 1 1893 apportion said §900,000 as
tlio
town
City.
of
New Haven was
week, but through an accident contained several errors.
it
Fifty tho^lsand dollars »ha.\l be eiTTplojed and expended in
the erection of public school houses in said city, under the direction and upon the requisition of its board of school trus-
New Haven
[This Item concerning
;
to-day revised
and
We re-publish
corrected].
Town of New Haven
LOANS—
published last
•
Interest.
—
,
Debt.
Principal.
.
.
OatstancFg.
Rate Payable.
When Dtte.
500,000
July 1,1910
Air Line ER. bonds... 1889 3>3 J & J
$25,000 due jearly to July 1, 1929.
60,000
cSs
N
1897 to 1907
East Haven, rcf
1887 4
1,000
past due
Do. do.
funding
100,000
1940
Parlfbonds
1890 313 J & J
Subject to call 1910.
100,000
Do. do
4
100,000
1902
Quinipiac bridge
4
26,000
1892
6
J & J
War loan, old series
32,400
1895 to 1905
Do
6
J & J
new .series
NAME AND PURPOSE.
M
M&N
The above bonds amount
to $919,400,
and
at the
same date
there were notes outstanding to the aggregate of $154,029,
making the town's total debt on November 28 1891 $1,073,-
In 1889 this total debt was $1,114,129.
total expenses for the year ending October 31
1891 are given as $378,136, among which we note the
429.
The town's
amount
of $50,461 for interest.
Mass.—{State and City Supplement, page 24.)
The Boston Herald states that on Dec. 15 1891 the debt of the
city of Chelsea wasreduced from $1,661,800, which has been
follows
The sinking fund of $861,its amount since 1875, to $800,000.
1. So much of said sum as to said Council may appear
necessary shall be set aside for the procurement of said water 000 was turned over to the City Treasurer and bonds to that
supply to be owned by the city or furnished under contracts amount were canceled.
that may be entered into by the city with responsible parties.
The debt statement for the city of Chelsea as published in
Secondly, so much of the remainder of said sum, if any, as
1890 the
to the Council may appear necessary, shall be set aside for our recent Supplement shows that on Jan. 1
sewerage and drainage purposes aforesaid and thirdly, the amount of the sinking fund was $493,530 on Jan. 1 1891 this
residue, if any, after a water supply and system of sewerage
fund had increased to $543,530, and if the figures in the foreChelsea,
:
;
;
and drainage
shall have been provided for as above contemplated, shall be set aside to defraj^ the city's share of the cost
of filling, grading and paving its streets, when the special
fund of $200,000 aforesaid shall have been expended.
These bonds are
man
now
writes that the
going paragraph are correct the increase during 1891 has been
$317,470. Since the establishment of the sinking fund in 1875
the plan has been to invest all appropriations to the same in
bonds and notes of the city and that the city should pay to the
being printed, and City Auditor TierMayor and Finance Committee have Commissioners
of the Sinking
Fund
interest at the rate of 6
.
:
Deckmbeb
THE CHRONlCLfcL
26, 18U1.I
mount
per cent on all the notes and bonds held by them. Up to the
present time the annual requirements for the payment of interest on the citT debt and for the contribution to the sinlilnit
fund liave amountctl to nearly (0 per thousand on the assessed valuation, or one-third of the entire tax raised by the
This recent reduction of the debt and a la«r of this year
city.
which extends the time for the oxtini^ishmont of the remainder from 1005 to 1911, thereby diminishing the amount
necessary for tho annual contribution to the sinking fund,
will cut the rate for city debt requirements down to about
tS SO per thousand for the future.
Bond Proposals and
Vcgotlatloni.—We have
tereitt
of 1100,000, <Ut«l J«o. 1 1W3 and
at 4 per cent, pajrabi* Mml-annually.
'
—
•
'
>
STATE AND CITY DEBT CHANGES.
We subjoin
reports as to municipal ilvbu rrcelrad
dnoa
tiia
out State axd Cmr DtraarUENT. Some of theae reports are wholly naw and athan oovar
items of information additional to thoaa glwm in tba Soma*
KENT, and of interest to inveaton.
publication
last
week
of
Colorado— San Miguel Co.—(State akd Cmr Sumjamrr,
page 143.) We have received thli week a report from 8aa
Miguel County which enables us to give the detafia of the
county not published in our recent SUPPLOOnrr.
The county seat is Telluride.
"'»«» Dur.
FlnntlnK ileM
Tntnl di^lit T>n>.
Biibjrct to coll
Fdndino Bonus—
1000 Tux
after 1800
Tax
7»>»I&J.$7t<,000
imi.
rmU
vnlitatlon,
iKTMmal.
Total valuBtlon 1 90 1.... 1,374
Stnte tax (p<^r41.00O)....
4-C
inofl
AittOoct to call after
Beanmont, Tex. On December 15th the city of
aold $20,000 of thirty-year 6 per cent bonds at 95.
t»>
Khnll bear.
Court IIohse Bonds—
Ss.JAJ, *li.000
1800,000.
tMT.
,
LOANS-
Atlanta, Ga. (State and City Supplement, paite 170).—
Atlanta's new 4^ per cent bonds to the amount of $800,000,
recently authorized, have been sold in New York at 95. The
above are water bonds for $500,000 and redemption bonds for
fmfMt
r
Watonwan Coont;, NInn.. *<
'.'.i.
|.—Tba
board of educ-aliiiri i<( tlii.< w
nh» b44i
untilJan. 14 1802 for t::0,i)(M or .,,.„. ..,
...uiMat Mf*
able on July 1 annnallr. Bondi ara to b* tolil al par aad m4>
pent are requaated to siata the rata ofintaraat which tha hoada
re-
ceceived through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
sale. Our purpose is to continue this heading and publish
under it such items as are sent to us from the cities &c.' themselves.
In time we expect to make this list of announcements
full and complete.
979
1800
vnliiittlon,
UoiiRty
Ux
.
M^K>
(p«r ai.OOO).
Bonded debt Doc. 1891....*S.'5,8<H) I'opiilutlun In IttOOwM
3,909
INTEREST-—The Intereat on the hondn of tbU county la gtM la Saw
York or at tho County TreMurer* offloo In Telluride, Col.
Beaumont
Newark, N. J.— (State and City Supplement, page 66).—
Pennsylvania.— Homestead.-We were unable to obtain a
The bond table in our Supplement shows that 7 per cent
water bonds of this city to the amount of $1,810,000 wiU fall statement of this borough's debt for our STATE AKB CiTT Supdue on Feb. 1 1893, and that $0.)0,0i)0 of bonds of the same plement, The information given below haA been recairacl
description will be payable on May 1 1893. To meet these since that publication was issued.
maturing loans Newark proposes to issue 4 per cent 30-year
Homestead is situated in Allegheny County.
bonds to the amount of $3,500,000.
Tax valuation 19»1....$2,003.8»«
LOANS$32,000 Borouifh tax (pVfl. 000)
i-00
Portsmouth, N. H.—(State and City Supplement, page BorouKh bonds
|i
I
I
16).— Bids will be received by the city of Portsmouth, N. H.,
until Dec. 30 for the purchase of city water bonds to the
|
Water bonds
70,000 School Ux rper$i,0OO>
School bondH
57,000 Population In ISOO won
Total bonded debt 1801. ..159,000 Population In 18S0 wo*..
7,
financial.
financial.
g'inancial.
PROPOSALS FOR
$50,000
DE NVER CITY
City of Ft. Worth, Texas,
The Security Mortgage &
Trust Company
4
PER
30-Tear (Hold 5 Per Cent Bonds.
INTBRKST PAYABLE MARCH AND SKPTBM-
CE.liT
BBR
Public Improvement Bonds.
Sealed proposals will be received by the Board of
Public Works of the Ciry of Denver, at their office
in the Ctty Hall of said city, up to and including
two o'clock P. M. of FUIDAY. theflth day of January.
A. D. 1S9*J. fur the purchaao of three hundred and
twenty (H20) of the puhltc improvement bonds of
the City of Denver; said bonds are part of an issue
of seven hundred thousand dollars («70(>.0<>') of
lubllc improvement bonds, authorized by Ordinance
&"
Vo.
of the series of 1889 of the City of Denver,
therein authorlzlnK the issue of seven hundred
(700) of the fttid bonds <if tho denomination of one
thousand dollars ($1.()00) each, of which three hundred and elKhty (:t80) bonds, numbered consecutively from one (1) to three hundred and eighty
(38(>), both inclusive, have been issued
the bonds
now offered bein? all the remainder of said Issue so
authorized, to be numbered consecutively from
three hundred and eijrhty-one (381) to seven hundred (TOO), both inclusive. Said bonds now offered
will be issued in denominations of one thousand
dollars ($1,000) each, beariuK interest at the rate of
four (i) per cent per annum, interest payable semiannually on the 1st days of March and September.
The principal of said bonds, and Interest coupons,
as the same mature, shall be payable at the»<»ffice of
the Treasurer of the City of IJenver. or at tuc office
of the Mercantile Trust Company of New York, in
the city of New York, at the option of the holder.
8ald bonds to bear date January 1st, A. D. 18i*2, or
such other date as may be agreed upon between the
purchaser and the Board of Public Works aforesaid,
and to be payable in fifteen (15) years, and redeemable at the pleasure of the City of Denver at any
time alter ten (10) years from the date tliereof.
Copies of said ordinance, and cerUflcat«fl Bbowlns
the assessed valuation of the City of Denver, and
all other proper information, maybe had on application to the Secretary of the Board of Public Works
;
l8t.
NBW YORK
CITY.
FINANCIAL STATEMENT
S'M.OOO 000
Asgramed vnlnalion
on.llOU.OtKi
Real valuation
Tola! bonded debt (Inol.ttalslnoe) 1,144.000
31<OU0
Popalatlon
PRICK ON APPLICATION.
FARSON, LEACH
&. CO.,
NEW YoaK.
CHICAGO.
73 Dearborn
U Wall Street.
Street.
SHAW,
&
FISHER
Baltimore, Maryland,
DEALERS IN
BONDS
MUNICIPAL
AND
Issues
of
IN
THE
Corporations
Possessing
Proposals must be endorsed " Proposals for the
l*ublic Improvement Bonds of the Ctty
of I>enver." and addressed to the Board of Public
Works of the City of Denver. Colorado.
Each hid must be accompanied by a certified check
in the sum uf S'A&OO on some bank of the City of
Denver, and payable to the order of the 1'V Treasurer of snid city, the same to be forfelteu to said
city as liquidated damages should the bidder fall to
comply with the terms of his bid within ten (10)
days from the acceptance of the same and notice to
him of such acceptAnce.
Each bid or proposal should have a copy of this
advertisement attached thereto.
Bidders are requested to bo present at the opening
of bids, and the Board of I'ublic Works expressly
reserves the right to reject any and all bids.
(
J. E.
•.lon.Hlin
••
f-J,0»»,Bll
(M
orricMHS.
TRKZEVANT, Preaideni.
J. T. DAKOAN. lat VIoa-Preddaot.
J. C. O'CONNOR. M VieaPraddant.
GUY SUMPTBR,3d VIoa-PraMdeot.
W. W. ROUUKRa. Saeratarr.
K. M. KBAKUO.N.TraaiMiw. ^
BARROW, WADHOUTHKlit « CO..o« NawTot»,
1.
T.
Andltora.
DiRMvroita.
i. 0.
J. T.
1.
T.
0'CoKifoR, Preaideut Clt/ .Satlooal Baak.
Trxzcta.vt, AtfocUta Manaiiar 8. W. Dar^
rire Aasoolatlon of Phlladelpala.
DiBOAN.
•
VIca-Prealdant.
C<>CHRAN, Anoolata Maaamr 8. W. D«p^
Amarleui rira loa. Co. of PBU«dali>hla.
T. L. Maiualir. Praaldent Dallaa Land m Loan O^
SAM
P.
W. C. Co.VNOK, Priuidani Kuartb Natloaal Baak
and Majror CItr of lla laa.
_
Oirr SimpraH, Oapiialiii. lUua AMt-Traaaarar
I'exii* A Pacldo R«Uirar •^Bpaoy.l,
ALix. SAVatH, <tl Aansar Broa-, Wbolaaaia aaa
ReUII nrj Uuodt.
II(sniiuo.<<,Oapltallat.
ALriticn I>«riii,or tfohnaldar
J. R.
_
ADaTU, WbolwaM
MiLiEH. of Laaka. Sbepajtl a
Millar. Atlo*.
oara al 1 aw.
D. B.OIUIIR, At'orcar.
BBTAK T. Bauit. Vlaa-Praaldant Oallaa
_^
Laa4A
.
Loan Co.
strong Municipal Franchises.
CASH ORDERS RXECDTED OV TBB
B*LTM10RE STOCK EXCHAilWE
W.
Hayes
J.
&
Sons,
BA!«iKERS,
Dealers
in
MUNICIPAL BONDS.
Street RaUway BoDdi
C1,EVELAND, OHIO.
BOSTON, 1HAS.S.
A
/Cable Addr«u\
V-KENNUTH.'V
John J. tataim.
Troutmaa,
Sizparoantft-raarOoid Kon«a>aa oa Tana m»f
and eoanirr pro»artla». „ . . _ ^
Also • par cent lo-f ear Oold Dabaataraa baaed ea
•soh mortira«as, mtaraal and prt a al pai aaraaw
•ttbar In flaw York. Baltlmura. Pb l ladalpbU or
London.
^
^_
all
kindi aarwhara la
TUato*
^
M
^ . ,
aoUaak raal^aatf Baal
_
•alact Munldpal aad coraaratloa Boa ta,
Act a« Trnatae, BiMnlo', A daalamraffc Baar
ito tn .
dian. Haeeirer aad rinaaaial Aaaai tor
CtUaa. Kal'r»ad«.MC
Make
aalaa. i>ar lazae.
CITY AND
^^__^^^^__
COUNTY
BOUGHT AND
APECIALTV.
KallrvMd nod Bleoirle IJckl
ntseka.
liEU. H.
•».
Oauriia M.
Island Securities
Staren
I. HI..
idTliwrr Committee of StockhoMen,
Philadelphia.
I. J. WI3TAR, CbairKaa.
*i*nm r. Trier.
daom W. Blabun.
Oaona Da B. Kata,
J. N. Unt«liinM>a.
Colleot dalBi of
tba Soutbwaef
>iMl other talgb grade In-
Teatments.
BATE9,
President of the Board of Public Works of tho City
of Denver.
Dated Denver. Col., Dec. 12 ISOl.
In
Aaeeia Dec. 31. IMIO
T. S.
aforesaid.
Purchase of
OF DALLAS. TEXAS.
rapUal Paid
HIPLKt,
Hroadwat.
».>.<|B
I
•.
N.
W.HARRIS & CO.,
19 Wall Hire«<.
a.
SOLD.
BuaTOR
HKW TOBK.
«UICA««
THE CHRONICLE.
980
Iowa, Creston.— (State and City Supplement, page
116.)
This city is in Union County. Much of the information given
in the following financial statement we were unable to procure in time for publication in our recent Supplement.
$658,530
When Due. Tax valuation, real
Tax valuation, personal.. 232,886
LOANS-
CITY Hall Bonds—
M&S, $11,000
Optional
6s,
Eefunding BondsSB,
58,
M&N, $5,000
Optional
A&O, 20,000
Oct.
Bubject to call after Oct.
1,1897
1. 1892
M&S,
.$13,000
Sept. 1. 1908
Subject to call after Sept. 1, 1893
5s,
891,416
Total valuation 1891
Assessm't about ^ actual value.
$866,186
Total valuation 1890
78-00
Total tax (per$l,000)
21-00
City tax proper
39-50
Scbool tax
15-50
County tax
2-00
State tax
7,200
Population in 1890 was
Population in 1880 was
5,081
Bonded debt Dec, 1891. . . .$49,000
16,000
Floating debt
Total debt Dec. 12, 1891.. 65,000
' INTEREST on the refunding bonds due in 1 897 is payable in Creston; on all other bonds Interest is payable in New York.
—
Kentucky. Lyon County.— (State and City Supplement,
page 163.) This statement contains the facts concerning J jjon
County's debt and valuation as reported by the County Treasurer on Dec. 15 1891. The county seat is Eddy ville.
When Due. Tax valuation, real
$650,000
LOANS—
Eailboad Aid Bonds—
Tax valuation, personal. 650,000
Oct. 1, 1879 Total valuation 1891... 1,300,000
7s, A&O, $32,000
Funding Bonds—
Assessment is about ^ real value.
«s, A&O, $160,000. ...Oct. 1, 1907 Total valuation 1889. ..$1,245,424
—
Accrued interest
Total valuation 1888. . 1,199,098
Population in 1890 was.
7,628
Population in 1880 was.
6, J68
Bank
of
bonds
is
payable
at
the
on
the
railroad
aid
INTEREST
America, New York, and interest on the f unnding bonds is payable in
$73,000
Total debt Dec. 15, 1891. $265,000
County has no sinking fund.
.
EddyvtUe, Ky.
I
I
Ohio.— Union County. (State and City Supplement,
page 91.) In the financial statement for this county given
below will be found many facts which we were unable to
obtaio in time for publication in our recent Supplement.
County seat is Marysville.
When Due.
LOANSYaluatiou, dsc.
Bridgk Bonds—
Tax valuation, real
$8,276,960
6s, M&S, $6,000
1892 to 1896 Tax valuation, personal. 2,962,444
Court House Bonds—
Total valuation 1890.. .11,239,404
58.
—
Total valuation 1889... 11, 222,034
Assessment is about % real value.
1892 to 1896 State tax (per $1 ,000)
$2-70
KOAD Bonds—
County tax (per $1,000)
C-10
6s. M&S, $28,042
1891 to 1895 School tax (per %\ ,000)
5-50
Interest is payable in Marysville. Population in 1890 was
22,860
Bonded debt 1891
$103,394 Popidatiou in 1880 was
22,375
Rhode Island— Johnston.— We made mention last week of
new bonds to be sold by the town of Johnston on Dec. 36, and
we have this week received data which enable us to give the
following as the financial statement for the town after this
new loan has been issued.
Johnston is situated in Providence County.
When Due, Tax valuation, personal.. $835,700
LOANSFUNDING Bonds.
Total valuation 1891 ....6,023,800
4s, F&A, $250,000.... Feb. 1, 1917 Total valuation 1880
.3,933,600
.
When Due.
LOANSA&O, $120,000.. Oct. 1, 1911
W.VTER Bonds-
Subject to call Oct.
1,
1901
Total debt Dec. 1891
$120,000
Tax valuation 1891
3,250,000
Population in 1890 was.
5,159
Population in 1880 was.
3,432
are payable in
poW
. .
Tennessee.— North Knoxvllle. (State and City Supple165.) The statement given below furnishes many
new
This
The holders
State
of the
1850.
Railroad
IN
Bonds.
Paul, Minn., Dec.
7,
are required to
present them to Meaar'. BI.AIK <& CO., Nos.
II and 33 Wall St., New York City, on the 31st day of
December, 1891, for payment, with accrued interest.
Sale bonds are called by the State of Minnesota pursuant to Chapter 1 of the Laws of the Extra Session
of 1881 and Chapter 31 of the Laws of 1891. Interest thereon will cease on Jan. 1, 1892.
WILLIAM
R. MERRIAM, Governor.
BIERMANN, Auditor.
JOS. BOBLETER, Treasnrer.
A.
ADJUSTMENT OF
THE VIRGINIA DEBT.
NOTICE.
ON OR BEFORE JAN. 16, 1892.
Is
Total valuation 1891... 1.545.445
Assessm't is about 23 actual value.
tax (per $1 ,000)
$10-50
PopiUation in 1890 was
2,297
payable at the Chemical National Bank, New York.
Towu
ptisc^Uati eons.
Mortgage Loans
States Life
Kew
Total
Insurance
R,4«3,li25 00
2J,4S9,590
11,955.157 00
BURFORD,
H.
For the Committee,
G. 8. ELLIS,
Secretary.
ChronicJe Volumes
Secretary.
CO..
YOPK..
CO.,
JOSEPH GILLOTT'S
STEEt. PENS.
GOLD MEDAL,
PARIS Exposition, 1889.
THE HOST PERFECT OF PENS.
ESTABLISHED
1855.
Eugrene H. Cole^
stationeA and printer.
Supplies Banks, Bankers. Stock Brokers and Corporations with complete outtlts of Account Book*'
and Stationary.
13^ New concerns ortfanising wtll have their
orders promptly executed.
No.
1
WILLlAm STREET.
IIANOVBR SQUARE.)
The American
Manufacturing Compan v WM. FRANKLIN HALL
TTalnut
Loots, Mo BOOKS ACCOUNTANT audited
wmces^5113
16
18 Exchange Place, N. Y
St., St.
dc
THK LARGEST WORKKKS OF FIBRE IN THE WORLD
New forms designed
Manufacturers of
418 Exchange Building, 53 State Street Bostozu
BAGGING FOR COTTON.
In addition to mills at St. Louis and Charleston
nave Just completed at Green point, Brooklyn, tb«
largest, best equipped and beat located
CORDAGE
AND
BAOGIKO ]nil,L.
IN
ANY COUNTRY
Augustus
32 Pine Street,
Broker
ia
New
York,
Securities.
I
T H O ROUGH CIPHER CODE.
;—
General :— Not Special :— Copious Blanks
Secrecy Device Perfect :— Ilandy Size.
(91.30
eacli.)
GET
PtTBLISHBRS,
BUKNZ
H
Jt VO..
i;llDtan I'l.
Alfred
Floyd,
Investment
tor books of hc ount.
SetUtiTtient of Insolvent EstaieA.
CORDAGE
AND OF
offlce po«
beae Tolnmea slnoe IB70 bu
hand for oontenlent rereronce a complete and re
WILLIAin H. UtNA *
W1I.J JAM 8TKEET. SEW
&.
SAN ANTONIO. TEXAS.
35.3«5,46;i 00
President.
FRALBtGH,
Any
lUble financial history of the period. Parties havlnii
t4e more reoont Tolames can obtain from tbe oat
llshera most of the earlier Tolnmes. or
oomplete s< t
*»n be fomlahed.
FRANCIS SniTH
''0
A. WHEELWRIGHT
Assistant Secretary.
WM. T. STANDBN. Actuary.
The two most popular plana of LIFE INSURANCE are the CONTINUABLK TERM POLICY
which giver to the Insured the greatest possible
amount of Indemnity in the event of death, at tbe
lowest possible present cash outlay; and the
GUARANTEED INCOME FOLIC Y.whloh embraces
every valuable feature of Investment insurance,
and which. In the event of adversity overtaking
the Insured, may be used as COLLATERAL SECURITY FOR A LOAN, to the extent of tbe full
legal reserve value thereof. In accordance with the
terms and conditions of these policies.
Good Agents, desiring to represent the Company
are Invited to address J. S.
Snperntendent of Agencies, at Home Offlce.
C.P.
ant
loans have proven good.
anunmt
foree Dec. 31.
$25,465.'^4» GO
J6,83o,655 50
GEO.
KO COMMISSIONS charged borrower or lender
Insurance in
^ifritten
1888
18S9
1890
IN
TEXAS.
Insurance Co
THE CITY OF NEW YORK.
Ofl||.«.
After the said date additional deposits will only be
received upon such terms as may then be decided
upon by the committee.
102
Co. and adjoins the City of Knoxville.
When Due. Tax valuation, real
$1,525,230
Tax valuation, personal
20,215
GAFFNEY,
Holders of obligations of the State of Virginia may
avail themselves of the benefits to be derived imder
the Agreement of May 12, 1890, and the " Plan and
Proposition " of Nov. 28, 1890, lodged with the Central Trust Company of New York, upon payment of
one per cent and depositing such obligations with
either of the depositaries named In said Agreement
*t
Knox
1891.
1891.
MINNESOTA STATE RAIL.
N»w YORg, Dec. 26, 1890.
in
JUiBccIlaneotts.
KOAD ADJUSTMENT BONDS
(Signed)
is
INTEREST
The United
St.
town
LOANS—
iMPROViSMENT BONDS—
5s, M*S, $100,000
Sept., 1919
Total debt Dec. 1891
$100,000
Sinkingfunds
2,200
Net debt Dec. 1891
97,800
TAX FREE.—The bonds of this town are exempt fiom taxation.
NOTICE.
Adjustment
facts in addition to those already published in our recent
Supplement.
at the Commercial
^iuancial.
Minnesota
. .
Subject to call after Feb. 1, 1902. Town tax (per $1,000) ...
8 00
Total debt Feb., 1892.
.$250,000 Population in 1890 was
9,778
Tax valuation, real
$5,188,100 Population in 1880 was
5,765
INTEREST is payable at the Bank of America Loan & Trust Company, Providence, E. I.
statutes to 4 per cent of the assessed valuation, the city can
incur no debt further than the bonds already outstanding.
INTEREST and principal
National Bank, New Y'ork.
M&S,$28,000....1892 and 1893
Ditch Bonds—
M&S, $41,352
6s,
ment, page
Utah Territory— ProTO. This city is the county seat of
Utah Coimty. As the indebtedness is limited by United States
OS,
LVol. LUl.
IT
(SI3.U0 a dozen.
FROM
THE ArTTHOa
or
5th Floor,
33 Wail H
H. Benners,
ATTOKNKV AT LAW.
1M13 First ave-vuk.
BIRmXOlIA:*!, AL.A.
t.
/>
BQ
The Commercial and
financial chronicle
1
C7
V.53
PLEASE
CARDS OR
DO NOT REMOVE
SLIPS
UNIVERSITY
FROM
THIS
OF TORONTO
POCKET
LIBRARY
@FedFRASER