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AUNT'S MERCHANTS' MAGAZINE,
BEPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES

VOL

SATURDAY. FEBRUARY

62.

week

closing
in

deaUngs

NO.

14, 1891.

is

1,338.

of Jonuary, but in Boston a considerable increaseto be noted.

Contrasted with the similar period a year ago the current
aggregate exhibits a decline of 6-6 per cent, the decrease at
New York being 12 per cent and the gain elsewhere 2-7 per
For One Year (inoludlnK postage)
$10 20
For Six Months
do.
6 10
cent. Losses are recorded at twen ty-three cities, and the most
European Subscription (including postage)
11 50
important in point of ratio are: Fort Worth, 43-5 per cent;
£uroii«an Subscription Six Months (Includiag postage).
6 75
Birmingham, 391; Indianapolis, 28, and Wichita, 197 percent.
Annual Subscription in London (including postage)
£2 8s.
Six Mos.
do.
do.
do.
£1 9s.
On the other hand, there are a number of points prominent in
the percentage of increase, and in this particular Grand RapTerms of AdTertisintr.
ids leads with 84-7 per cent and is followed by Tacoma, 54-5;
Advertisements ordered for less than one month. In the Commercial
A Financial Chronicle, are published at 25 cents per line each inser- Buffalo, 53-4; Galveston, 50-1; Portland, 49-4, and Topeka,44-5
tion. When orders are delinitely given for one month or longer, a lil)- per cent.
eral discount is allowed, and the net pricex may be obtained on application at the office. The lowest rates on permanent cards deflnltely orW'^k Endino February

Terms of Subscription— Payable in AdTance:

P. Cent.

the inch.

Iiondon Agents
Messrs. Edwards & Smith, 1 Drapers' Gardens, E. C, will take sub
oriptions and advertisements and supply single copies of the paper at

WILLIAM B. DANA
JOHN O. FLOYD.

B. DANA & Co., PnblUbers,
102 Yrilllam Street, NEW YORK.
Post Office Box 958

WIIiLIAm

f

New York

275 will be found the detailed returns, by States
of all the National Banks, under the Comptroller's call of Dec.
19, 1890, kindly furnished us by the Comptroller of the Cur-

—

Previous returns were published those for Oct. 3,
1890, in the Chkonicle of December 27, page 899
those for
July 18, 1890, in the issue of October 4 on page 452.
rency.

663,491.065

754,146,157

(1,02«,311
i426,e00)
l2«.I15,500)
a,t04,0LK))

(1377.109)

-12

SalM of—
tharet.i

iStocke

baUs.)

iOotton
[Grain
(P«trol«um

imj/iei».)

bbls^

95,324,850
5.041,700

Itoflton

l*rovldence...
Hiirtford

On page

fVetk

7.

dered for one year are 8 cents per line each insertion, malting $58 for
one inch space one year. Space is measured lu agate type— 14 lines to

New

ii.1;«lJ,ISl

Haven...

1,» 7,103

Springtleld....

1.28O.704
1.148.739

Worcester
Portland

Lowe!

l,40.i.S49

soi.ees

1

New Bedford..
Total New England.

4eu,^5

{678,600)
(28.0t)6,162,
(4,6112,000)

98.768.179
5.1S7.7O0
2,327,224
1,412,340
1,215,779
1.079.658
l,219,7n9
7e»,I02
468,135

(-25

51

(-37-11
(+0-li
( -65 8)

-3-5
-1-12-6

-88
-3-9
4-3-7
-f6-4
-(-15-1

—101

End'Q Jan. 31

1891.

583,864,647

-88*

(1,108,084)
(5I0.1X))
(20.(W7.162.
(692.000)

(—39-2>
(—41-4)

8-3.673.981
5,0)i6,B00

—12-9
+6-1

1.886.374
1.187.690
1.039,911
1,062,311
9»3,687

1-Tl
-11-5
—0-7
-6-0

Baltimore
Buffalo

CLEARING HOUSE RETURNS.

Washlnfrton

The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, February 14, have
been $1,043,855,188, against '11,110,220,899 last week and
1,089,341,951 the corresponding week last year.

Wilmlnulon. Del.
Syracuse
Rochester*
Total Middle.,

Chicago
Cincinnati
MitwHakee....
Detroit

CLXABDiaS.
lUtumt by TeUgrapK

Hew York

(601,403,084
74,403.798
62,622,139
14,362,926
62,670,000
18,692,060
10,183,366

,

Baltimore
Ohlcsgo
St. Lonlj
K«w Orleans

Seven cities, 8 days
Other oltieB, 5 days
Total all cities, 6 days..
All oltlM, 1 day

,

Tetalall cities for week..

The

Peoria

Grand Rapids.,
1891.

Boaton
Philadelphia.

Indianapolis...

1890.

$669,861,767
78,633,697
54,350,144
1 1,930,052
62,415,000
19,389,052
9,966,053

Per Cent.

-120

-68
-3-2

ToUl Middle Weatem
San rrandico...,
Portland
Seattle

-)-20-4

Tacoma

-H9-6

Bait

-41
+1-3

-7-9

$734,237,363
133,602,914

$797,634,764
117,017,284

+141

«867,740,277
176,111,911

$014,652,048
174,789,903

-H08

11,043,856,188

$1,089,341,951

Loa Angelea

Lake

City*..

Total Paclfle..

Kan aa* City..
Minneapolis...
8t.Paal.

,

Omaha
-61 Denver
Dalatb
St. Joseph....

BlooxCitr

full details of clearings

for the

week covered by

Des Moines...

Wiehiu

the

Lincoln

above statement will be given next Saturday. We cannot, of
course, furnish them to-day, bank clearings being made up by
tlie various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night.
Below
are our usual detailed figures for the previous week, that is
covering the returns for the period ending with Saturday
noon February 7, with the comparative totals in 1890.
The total for all the clearing houses records an excess over
the preceding week of a little more than one hundred and
twenty-five millions of dollars, eighty millions of which is at
this city.
The volume of speculative transactions on the New
York Stock Exchange have been somewhat Less than in the

Topeka

,

Total Other
St.

Weatem.

Lonla

New Orleana.
LoulBTlUe.....

-I-0-4

620,536
406.063
94,887,353

-6-7

50,628,837
13,042,911
13.890,336
7,230.80'

-M4-8-

1,487,3-.^

-I-IO-O

105.797,657

110,105.313

-3-9

96,667,453

-8-5

76.609.937
13,531,100

67.172,201
12,216,000
6.100,349
5,039.076
4,433,864
2,696,800
2,395,298

-(-14-2

-HIS-*

817,193

—»-2
-6-7
-1-53-4

-I-IOS
-H>-0

-0-4

771,703
621,672

634,501

-^84•7

71,790,263
12,643,200
6,075,334
4,8H2,2S5
4,306,632
2,647,600
1,838^069
1.845,687
845,474

116,755,410

108,836395

"+141

106,874,494

17,296,964
1,739,190
1,210,209
1,043,997
726,909
8,067,964

14,026,671
1.164.874
1,035,M31

-t-83-S
-t'49-4
-(-16 9

675,790

-(84-5

658,681

-t-18-6

22,017,269

17,565,747

•1-254

20,949,805

8,380,102
5,286.017
8,882.888
4,339,530
4.226.SH9
], 857,600
1,490,471
1,057,539
651.962
5T1.807
518.407

9,216.385
».870,565
4.171.923

-9-1

7,554,134
6.948.721
3,357,508
4,163.980
3,596.670
1,674,888
1,454,874

l,64t<.S18

4.444.76-i

i-lO-S

-^V6
-I-14-8

430-4
-t-20-3

—230
-1-22-0

f866

-6-»
-9-4

16,630,982
1,644,408
1,117,040
1,011,381
645,400
8,120,834

—146
—186

480,895

4,942,643
2.14H.1"4
1.541.012
788,978
»n9,873
712,082
548,831
332,980

-f44-6

454,760
360,767

38,743,407

33,287,208

—1-6

89,645,839

22.032.781
13.718.267

22.822,246
13.291.179
10.145,710
3,553,483
l,»e6,329
1.857,701
2.248.504
1,140,864
1,878.223
891,306

-3-8

19,068,953
14.411,979
e;8l«,369
3,664,603

-3-3
-134-1

s-is.ego

-1-14-4

487.443

—19-7
-5-5

6'.M,470

-1-3-8

-16-8
-16-9

Birmlnsham..

781,100

1.184,248

-t4-6
-Wl

66e,0M

Lexington....

45e,<-07

4l7,eSS

-HO-1

387,814
1,79BJS87

Houaton*

Total

571, 5B9

-1-88^

l.tiaa,3»4

-rsoi

—48-*

+«*

8,769.245
1,934,188
1,183.885
949.909

4-81-4

i,a8a9aA

-^7•6

1,876,869

69,795,382

Total Sontbers..

44-l,T29.834l
OntslOe New Vork
Not Incladed In totals.
I

437.380.397

887,800

53,384 J$7

61,647,398

1,110^90,899 1.191,686,554

all

-4-8

-rs
-1-B
-I-6-8

1,383.706

Chattanooffa.,

Dallas

-9-4 »

-11»
-13^

71.714,249
14,091,070
15,63«,461
4.7d4,l«0
1.84«.1B»
812,714

2,962,780
2,-S-. 9,967
2,787.528
2.412.362
1,213,071
945,874
1,0S1,096
597,400

Fort Worth..
Norfolk

-S-8_

66,878,258
13,401,677
14,5C3.13S
7,33S,278
l,815,67«
877.068
813.664
1,581,196

8.49,1,459

Memphia......
Richmond....
Oalveston
NashTille ....

-1-18-*

112,447,906

5.787,807
5,782,U08
3,244.«Ou
1.844,717
2,010.354
1,171,841

Cleveland

(-88'^

109.620,809

6.6S2.H6

Columbus

Week Ending February 14

(-38-9)

-2-5

;

PhiladPlphIa
PlttsburK

\i'.Omt.

-68
-H-9 TSi^'fi.l

-I-4-1

flO^

-(-8-8

-*«

+3-8

—81-&
-4-83-0
-t-Sl-S

-I-98-4

-^88•8
-1-57^
-1-96-S

-fU-ft
-(87 -a

-«-4
-i-«8-»

— io-«

-11-7
-98-8
-1*6

-tJt
—25-«
—84-8
-14-S

—
THE

254

(.'HRONICLE.

THE FINANCIAL SITUATION.

[Vol. III.

For time loans the demand has improved, but there is no
per cent for thirty
change in the rates they remain at
to ninety days and 5 per cent for four to seven months.
For commercial paper the demand continues good from
the banks of this city, and is increasing from all Eastern
centres for good names, which sell at fairly low rates.
Ordinary names are slow of sale. The supply is not
abundant, it being stated that merchants have scattered their payments this year in a manner which

^

;

more prominent influences affecting
The
been the
enterprise and business the past week have
Continental,
rise in foreign exchange, both sterling and
payment by the
to a point permitting gold exports ; the
of the three
France
Bank of England to the Bank of
special or

time
million pounds gold borrowed in Noyember at the
advance
concurrent
the
with
of the Baring difficulties,
helped makes their borrowings less at a given time, but oftin the London money market, which in turn has
and ener. Kates are 5 per cent for sixty to ninety-day
high
already
market,
exchange
to stiffen our
sensitive

;

the meetings of merchants,
feeling which has given

'.or

rather the

endorsed

bills receivable,

5@5|

per cent for four months

commission house names, and 6@6|^ per cent for good
meetings in New York and in so many parts of the single names having from four to six months to run.
As already indicated, the withdrawals of gold from
country, to protest against the passage by Congress of a
Conthe
as
anxiety
the
Bank of England have had the effect of improving
silver-coinage bill the increasing
may
The cable reports that
action
some
lest
the
rates for money at London.
gressional session nears its close
will
now
per cent.
The
which
bills
are
3|@3|^
remaining
ninety-day
sixty
to
days
be taken in the few
consereports
loss
and
withdrawals,
a
of
these
currency,
because
Bank,
our
of
disturbance
precipitate a
left
special
cable
be
week.
A
to
may
for
the
bullion
something
of
£1,635,000
or
that
values,
all
of
quently
undone wliich will compel an extra session of Congress, us states that this is the result of imports from Australia
and prolong the anxiety. These influences have all and Portugal of £121,000, of receipts from the interior
helped to make and keep speculation and trade quiet, of Great Britain of -£351,000, and exports of £3,000,000
The Bank
uncertainty in financial affairs being invariably followed to France and £97,000 to other countries.
gold
and
the
Bank of
of France gained £1,036,000
by inaction.
operathe
report
shows
an
increase
of
profit
in
last
no
since
the
Germany
Thursday, although there was
of
engagements
announced
that
a
per
It
is
3
were
gold.
there
about
£796,000
tion in the ordinary way,
gold for export to Europe to-day, amounting to $1,'?90,- cent loan for 400 millions of marks will be brought out
Under any ordinary circumstances this move- in Germany before the close of the month, and the
087.
ment, at least in its present stage, would be scarcely Imperial Bank has been strengthening its position to

disturbed

rise

the

to

;

But, coming as it does in conjunction with facilitate the negotiation. At Paris the unofficial rate
noticed.
the anxiety over our currency Congress is causing, it is for money is 2^ per cent, at Berlin it is 2| per cent
Of course Europe, and es- and at Frankfort it is 3f per cent.
given undue importance.
Our foreign exchange market has been firm this
pecially Great Britain, would like some of our gold, and
this desire cannot fail

to

exist so

England is compelled to
a marked sign of scarcity of the yellow metal we should
It ought to be stated, however, although we have
say.
not seen the fact mentioned by any of our European
exchanges, that this loan by the Bank of France to the
There
Bank of England is not the first of its kind.

was another similar transaction. It is mentioned by
Bagehot, and occurred during the crisis of 1837, the
amount of that loan being 2 million pounds sterling.
There has been as yet no appreciable effect upon the
money market induced by the higher exchange folBut if
lowed by the gold withdrawals mentioned.
this

movement should be continued, the response

in the

time-loan market would not be long delayed.
banks no doubt have a considerable surplus still

a drain has now

There has been some
deferred making rewho
had
from
merchants
demand
mittances during the closing months of 1890 because
There has also
of the activity of money at that time.
been a good inquiry from bankers to remit for stocks
sold for European account, and at the same time commercial bills have been scarce. Under these conditions

long as the Bank of week, and rates have advanced.

make loans returnable in kind

The
;

yet

towards the interior.

rates for

sterling have

porting

point,

and

risen

the

to

about the gold ex-

quotations

for

Conti-

are also close to that point.
exchange
On Thursday $1,790,087 gold was engaged for shipment to Berlin by to-day's steamers, though it was not
easy to see how any profit could accrue on the transaction at the then prevailing quotations for sterling
and reichmarks. The customary explanation was
made, however, to the effect that the operation was a
"special" one. On Monday Brown Brothers, Kidder,
Peabody & Co. and the Bank of Montreal advanced
their posted rates to 4 86 for long and 4 88^ for short
and on Wednesday moved them up to 4 86| for the
former and 4 89 for the latter. The Bank of British
North America made no change until Tuesday, when

nental

This drain
began last week; it has been further continued this week,
and together with the Government drain is now reducing the surplus so materially that the export of gold
added to this domestic need cannot proceed far without
hardening the rates. Upon inquiry we find that there
is good demand from the West and South for funds,
it raised the sight rate to 4 88^, following this up the
and from Boston also. How far this new inquiry will next day with an advance to 4 87 for long and 4 89 for
go future weeks can only determine. Our informa- short. The market closed barely steady yesterday, with
tion

is

set in

that the Western and Southern

money markets

are as a rule close and rates well up.
An event of the
week in this city has been the cancellation of the remnant outstanding of the Clearing House certificates

actual business at 4 86 @4 86i for long, 4 88@4 88i for
short and 4 88J@4 88J for cable transfers.

was evident from the statement of iron production
which we reviewed at length two weeks ago,
the $40,000 which were issued to the North Eiver and which showed such a large further increase during
Bank, the receiver having returned them this week.
that year on top of the heaviest output ever previously
So far as bankers' balances represent the call loan reached, that the production of steel must also have
market, the extremes this week hare been 4 and 1| per
been considerably further increased, more particularly
cent, averagiag about 3 per cent.
The minimum of as a good part of the additional iron produced was in
banks and trust companies is now 3 and 4 per cent. the form of Bessemer pig.
We were hardly prepared.
It

for 1890,

Febbdabt

THE CHRONICLE.

14, 1891.]

however, for the extent of increase now actually shown,
as disclosed by the report of Bessemer steel production
published this week by the American Iron & Steel

The Association finds
Association in Philadelphia.
that no less than 4,123,585 net tons of Bessemer steel
ingots were produced in 1890, as against only 3,281,829
829 tons in the twelve months preceding, the increase in

one single year thus having been 841,706 tons, or over 25
per cent. The growth becomes still more marked if
we carry the comparison a little further back and note
that in 1885 (and never previously had the United
States turned out as much Bsssemer steel as in that
year) the production was only 1,701,762 tons, so that
in the space of five years there has been an increase in

the annual output of about 150 per cent. In that circumstance, however, we have only another illustration
of the wonderful growth of the iron
s,'enerally,

and

steel

industry

and the extension of mercantile activity and

enterprise in

all

One reason

facts cited for the claim that the railroads

for the increased steel production in 1890

daring 1890

spent extra amounts for improrements and

better*

meuts.

The Norfolk & Western is as usual very prompt ia
furnishing a preliminary statement of its operations
The exhibit is a very satisfaofor the calendar year.
After providing for much heavier interest
tory one.
charges than in any preceding year, and paying two
semi-annual dividends of 1^ per cent (the first on
$22,000,000 of stock and the second on $27,000,000),
the income statement shows a surplus on the operationu
twelve months of f408,217, of which 188,607
has been used for the purchase of bonds under tho

of the

sinking-fund clause of the equipment mortgage and
the remainder added to the accumulated surplus of
previous

In

years.

left

years.

surplus

the

is

worthy

much

larger

It
is

1888

came out

cent

branches of trade.

256

only
the

of

a surplus of $418,559.

one

of

remark

that

than
in
other
dividend of 1^
per

year's

But

accounts,

afad

this

for 1889 with the full

found in the larger use of steel in the manufacture three per cent coming out there was a surplus of only
of rails, 2,013,188 tons of Bessemer rails having been $105,047, while now for 1890, with dividends on an
made in 1890, against only 1,646,699 tons in 1889 but increased amount of stock, the surplus, as stated, i»
even allowing for this, a considerable amount remains, $408,217. The expansion in gross and net earnings in
which represents the increase in the use of steel for recent years has been frequently alluded to in these
Comparison with previous periods is someother purposes.
It is a fact, moreover, that while the columns.
use of steel for rails has varied gr^tly from year to what disturbed by the absorption during 1890 of the
year, the use of steel for miscellaneous purposes has Shenandoah Valley and the Scioto Valley & New
been rising steadily and uninterruptedly, and now England. Including the earnings of the latter from
reaches aggregates several times as large as a few years the 1st of February and those of the former from theback.
It will be interesting to see just what the growth 1st of October, and adding on also the earnings of thein the use of steel for other purposes than rails has same roads for the corresponding periods of the year
been, and accordingly we have prepared the following preceding, it is found that the 1890 gross show an
statement, modeled on a similar statement given in one increase over those of 1889 of more than a million
is

;

of the annual reports of the Iron

&

Steel Association.

dollars

($1,086,057), or 17 per cent,

and the net an
or

increase of nearly half a million dollars ($491,461),

Tons of 2,000 pound*.

22 per cent.
1890.

Bessemer

1889.

I

1888.

1887

1888.

1885.

I

steel Inifots... 4,123,535 S,281,829 2,813.500 3,288,367 2,541,493 1.701.76

pep cent for oxidation and crop ends.
I'Hnigh'd

Bessemer

I

615,*42|

ilO.228

351,563

411,045

317,887

Bessem'r steel 3,608,093 2,871,601 2,460,937 2,877,312 2,223,806 1,489,042
steel rails

is the growth
With an increase in the average miles of road operated, as compared with 1889, of only

As heretofore, the most striking feature

of the road's local traffic.

I.e«i 13^^

2,013,188!l,646,e90 1.529,832 2,290,197 1,749,899 1,074,807

7 per cent, local freight tonnage

increased 22 per cent

On the other hand,
appears that 1,594,905 tons of Bessemer steel were the increase in the number of through passengers was
used for miscellaneous purposes in 1890, against only only 15 per cent, while in through freight there was
1,224,902 tons in 1889, 931,105 tons in 1888, and but actually a de-CTease of 8 per cent.
The traffic receipts
414,435 tons in 1885. In other words, in five years show the same general results. Earnings from through
there has been an increase of nearly 300 per cent.
It freight fell off $90,212 and earnings from through pasStee l for oth'r p nrposeg I,594,906'l,224.902!

931.105

687,1151

473,907

414.435

and

local passengers

36 per cent.

It

must be remembered, too, that in addition there has sengers increased no more than $29,379; but in the
been a great expansion in the production of steel by the earnings from local passengers the increase was $418,open-hearth process, and very little of this kind of steel 996 and in the earnings from local freight $697,681,
is used in the manufacture of rails.
The current liabilities of the company on December 31,
Incidentally the figures of rail production are serviceable in throwing light on the heavy increase in railroad expenses during the late year.
It will be observed from the table given that the make of Bessemer

1890,

amounted

to

somewhat over four million dollars

(counting in this the collateral loan for_$2,000,000), bnt
the

company

also held at

the same date $2,746,506 of

cash, besides $842,900 of accounts receivable.

1890 comes within 280,000 tons of that for
Our stock market this week has been decidedly irregthe largest ever turned out in any year in ular, and after evincing considerable strength and a
the history of the United States.
But while in rising tendency at the beginning has latterly been
1887 about 13,000 miles of new road were built, in 1890 depressed, with the course of prices downwards. Atchrails for

1887,

hardly one half of that amount was added. Hence, with
aboirif 50 per cent of the new mileage
of three
years before, the production of rails came within 12
per cent of that for 1887.
As compared with 1889
the 1890 production increased 366,489 tons, the new

ison stock and incomes have been very weak, on the poor
statement of net earnings for December and the half-year,

mileage added in the latter year having been only a
few hundred miles larger than in 1889. Of course,
with the extension of the railroad system from year to

and the engagement

only

and the weakness in that property had a bad

effect

on

other Western properties. Later in the week the resignation of President Norton of the Louisville & Nashville

of gold for shipment to Europe
were regarded as unfavorable features. The strike of
the miners in the Connellsville coke region was another
3fear, the use of rails for ordinary repairs
must be ex- adverse circumstance, though this did not exert
pected to increase, but there would seem ground in the ranch influence on the market.
The week has been

[Vou LU.

THE CHRONICLE.

256

privileges, the system
consolidations that, with the loss of currency
miusually prolific ia rumors of proposed
more vitality than
had
never
It
decay.
the country, was going into
and amalgamations in various sections of
these has trans- now.
but nothing definite as regards any of
Through the kindness of Mr. Lacey, Comptroller of
pired.
the Currency, we are able to-day to present on a subsecol-

following statement, made up from returns
shipments
us, shows the week's receipts and
by
lected
banks.
of currency and gold by the New York

The

Wuk Bndint rtbruary

IS, 1881.

Net Interior
Movement.

SMpp«d by

Kectivcd hy

JT.r. Bankt. S. r. Bail".

$1,884,000
300,000

$2,eos.ooo LOHa.$l,011,0D0
400.000
700,000 Loss.

Total gold and legal tenders..

$2,194,000

$3,805,000 LOS8.$),411.000

With the Sab-Treasury

operations the result

«oia

is

as

below.
Wttk Znitnj February

Into

Out of

Banks,

B%nkf.

13, 1891.

Banks' Interior movement, as above
fiub-Treasory operations
Total gold and legal tenders

Net CItange in

Bank

Holdings.

$3,606,000 Laa8.$l,411,000
13,500,000 Loss. 1,000,000

$2,194,000
12,500,000

$14,694,000 $17,106,000 LOS8.$2,411,000

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

February

12, 1891.

13, 1890.

Sanktof
OoM.

saver.

TotaL

Gold.

Sliver.

£

£

£

£

£

23,665,379
96,108.000

22,049.725

23,a65,37»

France

German; *..Aust.-Hun'y.
NeUierlandB..

46,409,000 49.697,000
87,989.333 13,994,667
5.433,000 16,573,000
4,202,000 6,471,000

4,228,000

£
23,049,725

50.160,400|49,802,720 99,983,120
26317,333 13,4t8,887| 40,256.000

41,981,000
22,008,000
9,673.000

Total.

6,140,000 16,257,000

21,697,000

6,061.000

5,613,000

10,707,000

2,828,01)0

1,413.000

4,239,000

quent page the returns in detail under his last call.
The number of banks, according to this statement, is
now 3,573. In December, 1887, the number was 3,070.
It is thu» seen than in the last three years there has
been a net increase of over 500 banks, and yet during
all that time the currency privilege has been so unprofitable that the withdrawal of currency by the banks has
been going on about as fast as the law would allow it
Furthermore, while there has been a net
to be done.
addition of 503 banks to the system, the total bank
capital has increased only $77,144,131; so that notwithstanding, during that interval, quite a number of
large banks have been organized in large cities, banks

and over, yet the average addition
banks is only 153 thousand
This rapid growth in number after the currency
dollars.
inducement had lapsed, and this small average capital

of a million dollars

of capital for the whole 503

which all the later additions show, not only disclose the
want and the demand for these institutions, but also
suggest that most of the new banks must have been
started in the country districts, and not in large towns

which have larger

But the

capital.

location of these banks

and the direction of
being fixed more

growth
It can be done, for instance, by reference
Thus, New York
to the return of the reserve cities.
city had 47 national banks in December, 1887, and
according to this latest return, December, 1890, it had
merely reporting the total gold and sliver, but we believe the division
we make is a close approximation.
In the meantime it had lost some
precisely 47 etill.
Note.— We recnivethe foregoiugresults weekly by cable, and while not
all of the date given at the head of the column, they are tbe returns
and gained some, but the number at the two dates was
luaed nearest to that date— that Is, the latest reported llgures.
The growth therefore was not in New
unchanged.
York, and it is well enough for the farmers to rememOF NATIONAL BANES AND ber that fact and also to remember when they resolve
FARMERS' ALLIANCES.
"that national banks be abolished," that so far as the
lower
direct
interests and business of this city are concerned
the
class
of
politranting
by
much
There is so
icians and by their ignorant dupes among the agri- our people would not give the value of a pin to
Hence, if bank men and
cultural classes about national banks that one is some- have the system continued.
times led to think national banks are a kind of insti- other residents here are heard advocating the building
tution not wanted anywhere. At the late National up of the system, the agricultural districts should
Farmers' Alliance Convention it was actually resolved, understand that these residents do so only because they
and unanimously too, " that we favor the abolition of all know from education and experience that some such
" national banks." And this is the substance of the system is what the whole country needs for its best
resolves and the speeches which come up from conven- development.
Take another instance. In 1887 Chicago was made
tions and public meetings of all kinds wherever this
±ype of people meet together. The natural inference a central reserve city. That is a financial centre which
irom so much activity and such emphatic expressions controls a very large amount of loanable capital and as
is that they reflect public opinion of a considerable class. we all know is the site of our coming world's fair.
Can this inference be true ? We are sorry to admit Looking at the number of its national banks, we find
that it has any basis of fact and its existence argues Chicago had 18 in December, 1887, and only 19 in
80 serious a lack of information and discernment in the December, 1890.
Most surely it must be a matter of
average mind of a neighborhood holding such opinions entire indifference to the good people of that city how
that we are almost inclined to think these delegates soon these farmers gain the end their resolution prorepresent no one but themselves. At all events the poses, except so far as they are interested in the welfare
circle of their adherents must be quite select and cir- of the nation as a whole.
Then there is Boston,
Nat.Belglam*

2,818.667

1,409,333

198,911,815
Tot. this week 110,517,379 87,U5,000'l97,«62.379]ll2..377,458 88,534,387
Tot. prev. w'k U0,568.890 86,930,3t;4 197,499,221 110,837,978188.313,333 ^7,171,311
• The division (between gold and silver) given In our table of coin and
bullion In the Bank of Oennany and the Bank of Belgium is made from
the best estlmat,! we ar« able to obtain; In neithar case ia It claimed to
be accurate, as those banks make no distlnctiou In their weekly returns,

the

later

are capable

of

definitely.

1

GROWTH

;

cumscribed; for

the increase of

national

banks in a city that has the unfortunate distinction of being
in local probably the richest town for its population there
papers, with no little pride, to this increase, clearly is in the "United States ; we see that Boston had 54
proves that much at least.
We doubt whether our national banks in December, 1887, and just 66 in
readers who are not in some manner connected with bank Deoember, 1890, a net gain of two in three years.
organizations fully appreciate how rapid that growth is, None of the late growth has occurred there therefore,
and how fast during later years national banks have which indicates that their attachment to the system, so
been planting themselves at the very doors of the far as any attachment exists, is not because they desire
farmers who are represented as demanding the abolition the law for local use, but because of higher and
J
xtt the system.
In some quarters the notion has prevailed unselfish reasons.

iarming

districts,

and the frequent reference

rKBRUAI*¥

THE CHRONICLE.

14, 1881.)

The question

recurs, then,

whore

is it

that allthene/

growth which wo have referred to is to be found? Each
nearer the conatep in the investigation only brings us
in the purely
found
be
clusion already stated that it is to
on this point
hint
broad
a
get
We
agricultural sections.

257

REGARD

WESTERN SENTIMENT

WITH
TO RAILROADS.

At the present time, when new plans and proposidesigned to harm railroad interests are being
after
Territories
almost daily in some of the legislatnres of
introduced
and
States
from the returns of the
that
In
the
States, it is encouraging to have from the
cities.
Western
reserve
the
of
one
excluding every
October,
1887,
same
section
of country an expression of views in relain
number
the
find
wo
banks
group of
same
not only moderate and conservathe
railroads,
tion
the
to
December,
1890,
in
and
3,756*,
been
have
to
group numbered 3,241, a gain in the three years of tive in tone, but which differs sharply from the comOr to fix the location more definitely still, monly reported utterances from that quarter utter485 banks.
That State for the year ances generally accepted as voicing the feelings of the
take as illustration Texas.
The instance in question is by no means
•ending October, 31, 1890, added 63 net to its number entire West.
it
and is encouraging as showing that
of
date
1889
an
isolated
one,
of banks, and for the year ending same
Of
years.
not
all running one way, even in the
in
two
sentiment
is
net
added 36 net, or 99 national banks
having
had
that
are those who think that railit
there
one,
and
has
West,
Galveston
these 99 we notice that
former;
at
the
entitled
to some consideration at the
and
interests
are
date
2
road
latter
the
3 national banks at
former,
public,
amd
who
believe that such grievat
the
and
hands
of
the
date
2
latter
the
at
had
4
Houston
State
or
which
may
arise can be removed
of
th«
exist
cities
ances
may
large
as
other
few
the
probably
and
But without a resort to harsh and unjustifiable methods or
"have increased in about the same proportion.
what a large number the adoption of a policy of confiscation. In this case,
such,
all
after deducting
tions

—

in

that

banks,

<5ity

State,
is

moving the crops

even

actively

which

those

and

in

too, the opinions expressed have especial value, because
they come from a person who, by reason of the official
position which he has held, is well qualified to form an

no

accurate

Besides, nearly every

are left for the country districts.

one

directly

are

engaged

Hence there

of the farmers.

called

is

the purely agricultural

escaping the conclusion that
sections are securing about all the

new

organizations.

There can be but one reason for this growth. It is
hardly necessary to say that there is no compulsion
A Texas bank can be organized
used to produce it.
under the State law just as readily as, and in fact with

judgment on the points of contention between
the carriers and the Western people.

We

refer to the recently-issued biennial report of the

Wisconsin Railroad Commissioner. In the granger legislation against the railroads back in the seventies, Wis-

Her experience
then seems to have impressed upon the people of the
State the wisdom of a moderate and conciliatory policy
less trouble and expense than under the national law.
The only influence which leads to the adoption of the in the treatment of the railroads. At any rate, that has
consin played a rather prominent part.

is, the people demand it ; that is
been the policy pursued by her Railroad Commissioners
Two years ago we had occasion to
they fully believe the national bank, with the in all recent years.
con
the sensible and well
restrictions, requirements and visitations provided, is direct attention to
Peterson
delegates
Atley
Now what do these bright Alliance
the safer.
ceived views expressed by Mr.

United States system
to

say,

convention " resolve ? " Simply that a the Railroad Commissioner of the State, in his bienbanking system which the people in the agricultural nial report submitted at that time. The present
Peterson is even more noteworthy
districts favor to such an extent that they will patronize report of Mr.
to a national

no other, shall be "abolished!" That bank organizations
which get all the business offering because the farmers
prefer them, knowing them to be the safer, shall be
prohibited
That the farming class shall be relegated
to any makeshift for moving their crops and for keeping
!

money that the nearest
Our readers will draw any

their

shyster shall propose!

same way, and his utterances derive additional
weight from the fact that he has had two years further
experience in the office, and thus is able to speak with

in the

Moreover, Mr. Peterson's preswhen he was about to

increased knowledge.

ent report was written at a time

—the

give place to his successor

report bears date De-

cember 24th, 1890, and the term of office expired the
ranted from the facts which this investigation has dis- 1st of January, 1891 and when the results of the late
closed. To our mind, as we said in substance above, elections (with the success of the Farmers' Alliances in
they throw a suspicion upon the character and extent capturing the legislatures of several of the Western
of the opposition to national banks, about which so States) were fresh in mind.
Under the circumstances
much is heard. One is inclined to ask, does opposition the fact that he sees no reason to change his previouslyexist at all except in the speeches of some of the expressed sentiments, but reaffirms and amplifies them,
local orators who have become leaders and delegates. and commends his policy to his successor as best for the
Many who have gained a conspicuous place in these railroads and the public alike, lends to the report an
councils no doubt have merit
but a very large unusual degree of interest and importance.
number reach oflBcial distinction solely through the inMr. Peterson says that in accordance with his recomfluence of an ability to talk in loud tones while on their mendations the Legislature of 1889 increased the power
feet and whose stock in trade consists wholly of tall meta- of the Railroad Commissioner, and that the result has
phor and windy phraseology. "We would not by .any proved very beneficial. It has always been his opinion
means be understood as saying that there is no public that where complaints against the carriers arise, if the
opinion back of these conventions of farmers' alliances. case is properly presented to the roads, the officials may
inference they think war-

—

;

,

It is

only of this peculiar part of the

programme that be depended on

we are speaking— a grievance which senators and congressmen leem to assume is the complaint of a large
constituency, but which the facts we have given suggest
is by no means shared in by the body of our agricultural
population.
•

These are the October. 1887, figures, aa those for December of that
we have not before us as we write.

year

to

cause of complaint.
strated the

do

all

And

in their

power

to

remove the
demon-

his experience has

accuracy of this conclusion.

Under the

Commissioner is not
able to secure an adjustment of a difficulty through
his own efforts, he can call on the Attorney-General to
bring an action against the offending road in the name

amendments

to the law, if the

[Vol. hi.

'IHE CHitOJNiCJLii.

258

though the were loath to make, were finally granted, and that noj
He rightly,
Commissioner
complaints have occurred since then.
number of complaints presented to the
orderly
that
and
evidence
reasonabli
have
is
they
this
argues
that
large,
during the last two years has not been
more
than
strife
and
conten
Attoraccomplish
the
will
methods
of
aid
all been settled without invoking the
number
of
persons
respectable
the
shal,,
of
any
agents
tion.
"If
the
while
ney-General. He says that
Of the State.

But Mr. Peterson

states that

companies usually urge their points and their claims
with great force and vigor, he does not remember of a
single instance where the companies hare stood out
This is a stateagainst his determination of the case.
ment that could be made by the Commissioners of few

" feel aggrieved and shall present their grievances t»'
" the Railroad Commissioner in a plain and conclusivft:
" way, invoking his aid, there is but little doubt his
"interference would be fruitful in the way of goocK
" results." Mr. Peterson also commends the uriifornt;
classification of freights agreed upon by the Westerffii

other States, and the result must be ascribed largely to
»
the moderate and equitable course which Commissioner roads.
recognition
of
the
fact
urges
(the
he
them
In
conclusion
thaJBj
found
"I have
Peterson has pursued.
" companies) persistent, at times almost to stubborn- railroads have played an important part in developing,

"

but open to conviction and argument ; and
To one who does not know of
the spirit of hostility to the railroads which designing
persons have fostered in the West, it might seem
Btrange that it should be necessary to say of any class
*'

and resources, that more

ness,

the State's industries

always law-abiding."

remains to be done, and that the interests of the State
and the railroads are in great measure identical, audi

still'
|

that to promote the general

welfare, therefore,

it iti

and equitably"Railroad managements and railroad meui
or body of our citizens that they are " law-abiding," treatment.
but as a result of the hostility in question many West- "have come to know that lasting and enduring success)
ern people had become almost ready to believe that "and prosperity cannot come of excessive and exorbSuch rule of conduct did not apply to railroad officials. "itant charges upon any of their business. It is the,
Referring to the absorption of the weaker lines by "aim of those having in charge these great interestfti
the stronger, which has been going on in Wisconsin as "to so transact the affairs that the earnings shall meetj
elsewhere, Mr. Peterson'points out that this has tended " the expenses and the maintenance of the roads and
to bring about great improvement in the condition and "their equipment, .together with a fair interest on the|
junning arrangements of the roads. In the early days "cost. This is right, and in justice and equity noj
of railroading new lines were built mostly by local "person or combination of persons ought to ask it t»i
companies, who had a very trying time of it in at- " be different." The railroad interest, Mr. Peterson
tempting to meet interest on their bonds, and who goes on, has become one of Wisconsin's most important
could not, therefore, maintain.way and equipment, or industries, having added to the wealth of the State iiki
afford train privileges, on the basis of the larger and its cost alone over $224,000,000, and having quickened
stronger companies.
But these local roads have one all the avenues of commerce and trade, and multiplied
after another been bought up and made parts of strong the opportunities and advantages of her people many
roads, and hence now enjoy much the same advantages fold.
as regards condition of road and equipment and train
Mr. Peterson would not abate the right of control
facilities as the lines of the parent companies. Mr. Peter- of the State over the roads, but he " would weigh that
son gives as an instance the line from Sheboygan to " control in the scales of justice of even and unerring
Princeton, which, before it became part of the Chicago "poise."
Wisconsin has great natural advantages,.,
& Northwestern, he says, was but little more than "two and her mining, lumber and agricultural industries are
" streaks of iron rust upon ties of rotten wood, but capable of further great development.
She must
" which is now replaced with sound ties and the best " carve her wealth and her future from her produc" of steel rails, upon a road-bed well drained and finely " tions," but to this end it is essential that entire re" ballasted."
ciprocity should exist between production and tranS-i
The same, he says, can be said of the line from Fond portation.
du Lac to Iron Ridge, which, until its absorption by
Altogether the report is a notable one, and it is to
the Chicago Milwaukee & St. Paul, was " a narrow be regretted that Mr. Peterson has not a further teriBi
i
" gauge road, with a poor road-bed and without con- of usefulness before him in the same capacity. Mr,
" veniences of travel, but which now carries from its James H. Foster, the Deputy
Commissioner, who hadji
" main line at Iron Ridge, to Fond du Lac, its travel been with the Commission for nearly
fifteen years, andji
" and its freight in good coaches and upon a road-bed rendered efficient services, also retired
on the Istofji
" and track reliable and safe." Like improvement might January.
be cited, we are told, in the case of the Wisconsin Central, the Northern Pacific, the " Soo," the
RAILROAD GROSS EARNINGS FOR
Milwaukee
Lake Shore & Western, the Chicago Burlington &
JANUARY.
Northern, the Chicago Madison & Northern, and the St.
In the January statement of railroad gross earnings
Paul & Omaha, whose " wise and business-like man- we have
an excellent illustration
baadesirable that the roads should receive fair

j

(

''

]l

of the futility of

"agements" "mark the progress of the age, as is ing predictions as to
the future, in a country
" evidenced in the improvements annually put upon vast
extent of the United States, upon some one
" them and in the safety of travel over them." These
isolated facts or

are advantages flowing from

railroad

consolidations

of the

or two

conditions, even though they have a
bearing upon trade and traflJc in general.
We raised
last season very short crops of corn, oats and wheat,

which are frequently overlooked, and the Railroad
Commissioner of Wisconsin deserves credit for giving
and this followed exceptionally large crops of the sam€|
prominence to them.
•ereals the previous season, under the effects of whichi
In regard to rates, Mr. Peterson tells us
that the railroad earnings and traffic had been heavily increasedi
revisions which he had urged upon the roads
two and trade and business everywhere stimulated. Wei
years ago, in cases where Wisconsin tariffs were
higher also had last November and December the financial*
than in adjoining States, and which the roads at
first disturbances which operated as a check
on enterprise,

i

i

\
i

{

Fkbroaby

THE

14, iSvl.J

CHitONlCTJi

269

The Atchison, with the St. Louis & San Francisco,
and for the time being retarded our ordinary commerand industrial growth. Under the circumstances shows a much smaller improvement than in other
months, but still the gain is $132,856. A good part of
the assumption scorned natural that after the iirst of
January, 1891, there would be a large and general falling this, however, comes from the Atlantic & Pacific and
Southern California, which last year sustained
oft in railroad gross earnings ; this appeared the more the
certain in view of the fact that it was known the com- heavy losses in earnings by reason of incessant rains ia
parison wonid be with heavily-increased earnings in Southern J California.
As regards the weather gcner*
ally, which at this season is very apt to affect railroad
1890.
But what do we find ? No general falling off at all, operations adversely, it ia well to state there were no
cial

and

in the aggregate of all the roads a very considerable

number

course, in the case of a
last season's short

may
may

crops

of roads the effect of

very plainly evident, and

is

it

on the returns of other roads
reflect the same tendency as a result of the adverse
conditions prevailing.
But for the present much
encouragement is to be derived from the fact that
linstead of a general and decided decrease, as had been
expected, the gross earnings as a whole show consider:ilile improvement.

(

oi.

be, too, that later

'ur statement cofttainS quite a large representation

'

roads,

it

covering 155 separate lines or systems, and

adds to the value of the comparisons.
'These 155 lines operated in January, 1891, 90,099
'miles of road, against 87,293 miles in January, 1890,
the increase in mileage thus being only a little over
this of course

moment

true of

—

snow blockades of unusual severity then affecting,
however, chiefly the Central Pacific and the Union
Pacific, which are not included in our statements the
present year and were not included last year either.
The .following is a list of all systems or companies
which for January, 1891, show more than $40,000
increase in earnings.
L^RGE OAINS

GROSS EiBNI!raS IS JAXITKBT.

IS

Northern Pacific
^6.'},200 Buffalo Kooli. & PUte.... $70,544
Canadian I'aciflc
279,878 Cliicairo & Eii9t lUiaols... 6S,910
Crent NortUern (3 roads). 168,277 West. N. Y. & Ponn
51,528
St. Paul
151,784 Clev. C. C. & St. Louis
51,439
Atcliison and San Fran.
132,856 Denver & Bio Oraiide
50,200
Rio Grande We.><tern
87,700 Nashv. Ch.tt.&9t. LouU.
49,127
N. Y. Central & Ilud
84,446 Col. Hook. Val. & Tol
40,997
N. Y. Ontario & Western.
81,977
. .

Besides the Canadian and Northern Pacific, and the
and the other roads already mentioned, this
St.^aul
per cent
On the other hand, the increase
list comprises chiefly two classes of roads, namely lines
iu the earnings of the same roads reaches $2,160,328
or 6 "24 per cent.
We have already stated that com- in Colorado like the Denver & Rio Grande and the Rio
parison is with a month of heavy earnings la^t year, Grande Western, which by reason of a change of their
and may now add that the gain in January of that guage and the opening of a new through route to the
year, according to our tables, was
no less than Pacific, find their traffic and earnings heavily increased,
|!4,003,039, or 13-21 per cent.
Moreover, there was a and roads principally engaged in the transportation of
The Buffalo Rochester & Pittsburg is one of these
gain also in January, 1889, of $2,309,922, or 9-61 per coal.
cent.
In fact, we would have to go back five years, to latter, and with again of $70,S44has more than recovered
The company's
1886, to find a January with a decrease in earnings on the loss reported in January last year.
the

roads

Below

is

a

contributing

summary

returns

of the

our

to

January

statement.

results since 1880.

Bomtaji.

Zitteaof.

Increase or

rear

Tear

&iven.

Preceding.

UiXa.

Miltt.

Jan.. 1880
Jma., 1881

(4Iroatts)

(Mroadai

30.UO

Jan., 18»i
Jan.. 1883

(SZroacIai
(dt roads'

4 1, .559
47,430

1881

(Si roads)

38,286

2i,77l
86,645
43.277
34,720
49,579
44.683
63.692
67,711
07,644
83.010
87.293

Year

Tear

Decreau.

Preceding

Given.
t
13.812,163
12.329,852
18,097,011
18.602,438
12.943,105
17,798.036

«

t

10,127,071 Inc. 2.: 15,093
11.185,429 Inc. 1.144,433
14.508.048 Inc. 3.588,963
18.325,783' fnc. 1,376,676
13.973,954 Dec.
30,819

claim that the road

officials

benefits of

which

the

Bell,

Lewis

&

not yet getting the full

i

1

Pacific section,

and

present low-rate contracts,

I

I

it

do not expire till March and April. After
and with the motive power put in condition to

that,

handle the increased
results,

trafl&c,

exceptionally satisfactory

both gross and net, are looked

for.

It is

.

.

also to the general

development in
must have
had benefits from a better spring-wheat crop along the
eastern end of its I'nes, in Dakota and Minnesota.
As
bearing on the latter point, it will be observed from the
following statement that the Chicago Milwaukee &
St, Paul and the Great Northern, which have lines in
the same section of the Northwest, and whioh are not
much affected by the short yield of corn, are also disprogress in that section.

'

by

stated,

—

:

year,

last

Yates ship over their road and

The

rates are advanced.
is

is

new arrangements made

worth pointing out, however, that the Baffalo
Jan.. 1885 (70 roads)
61,,i85
16,972.839 Int
826,167
Rochester & Pittsburg does not stand alone in showing
Jan.. 1888 (W roa<l8l
46,906
13,568,048 14,665.336 r>(C. 1.012,288
Jan.. 1887 (97 roads)
a heavy gain in earnings.
66,127
The Western New York &
22,189,906 18.371.020 int. 3,828.885
Jan., 1888 ('01 roads)
60,642
21,673,019 20.873.486 Inc.
798.633
Pennsylvania, a competing road to Buffalo, also has a
Jan.. 18891118 roads)
70.7i8
26,338.785 24.028,863! Inc. 2,309,933
.Ian.. 1880 (154 roadK)
81.1)83
34.i92.350 30.289,21l'lnc. 4.003.039
decided increase, and then there are various other roads
-Ian., 1891 (165 roads,
90,099
3rt.T73.53l
31.813,203 Inc 2.100.328
in different parts of the country distinguished in the
It is more than ordinarily important at this time to same way
such as the Chicago & Eastern Illinois and
know to what extent the increase of $2,160,328 for the the Columbus Hocking Valley & Toledo indicating
whole 155 roads is the result of very heavy gains by that they have all been doing a good business. The
a few special companies. We find that the Northern New York Ontario & Western also has a very heavy
Pacific again stands at the head of the list with an in- gain, and the improvement in its case represents chiefly
crease of
$563,200 and that the Canadian Pacific the anthracite coal shipments coming over the comcomes next with an increase of $279,878. The North- pany's new branch to Scranton.
ern Pacific owes its improvement largely to the heavy
In reference to the roads which report a decline in
crop of wheat raised the last season iu the North earnings, there are 36 of these altogether (out of
.ran.,

,

and the same

the present year,

the weather conditions last year
except that west of the Kocky Mountains there were
is

(3 •22).

;

j

interruptions of

Of statement

increase over the corresponding montii last year.

tingnished for large gains.

The road

likewise

—

not materially different from a year

155),

which

ago,

when the number was 37 out

the 36

amount.

is

roads only 8

record

the St. Joseph

154.

off

Of

large in

is most conspicuous, with a loss
comes Texas Pacific, with $70,039

& Grand

Island, with $58,989

;

Kansas City,

City Fort Scott

Island, with $61,475

the Internationl

ern, with $57,904; the

&

of

falling

The Wabash

of $127,057'; then

Paul

a

&

;

the Bock

Great North-

"Soo," with $56,132; the St.
with $54,742, and the Kanaas

& Memphis

with $51,040.

Some

of

THE CHRONICLE.

260

these have plainly lost because of a diminished crop
movement. At the same time it should not be forgotten that most of them had very heavy gains a year ago,

The

and the Chicago St. Paul & Kansas City, $146,000.
following comprises the eight roads already mentioned
which in the present year have lost in excess of $40,000
each in earnings.
LARGE LOSSES IN GROSS EARNINGS IN JANCART.
$127,057 International &. Gt. Nor.
Wabash
70,039 Minn. St. P. & 8. 8. M.
Texas* Pacific

$57,904
56,132
54.742
Chic. St. P. & Kan. Oty..
Kan. e. Ft. Scott & Mem. 51,040
.

this year

weeks

were less than 6|

million bushels, against nearly 20J million bushels in
the five weeks of 1890, and there was also a falling oft
St.

bushels in

;

'

receipts for the five

in oats.

the Wabash in January, 1890, reporting $223,000 increase ; the Texas & Pacific, $130,000 the St. Joseph
& Grand Island, l3G,000;the "Soo" Koad, $113,000,

IV0L.LIL

Louis alone shows a loss of 5^ million;
and Chicago not a great deal les8,i

corn,

while Toledo and Peoria have each lost about 1^
It may be stated indeed that there

million bushels.

has been a falling

off in

movement

the corn

at almost

Perhaps a good idea of the grain movement as t whole may be derived from the receipts at|
Chicago for th'^ even month as set out in the followevery point.

It will be

ing.

observed that the total cereal arrivals

i!

. . .

St. Jos.

Chic.

& Grand

61.475
58,989

Island..

Kock Island * Pac.

regards the effects of the short crops, it may
seem a surprise to hear that the receipts of wheat at
the principal lake and river ports of the West in the

As

at

that point for 1891 aggregate 8,732,506 bushels,;,

January,

13,170,962 bushels in

against

same

movement

The;
and the

1890.

table also gives the provisions receipts

of live hogs.
RECEIPTS AT CHICAGO DDRINO JANUARY.

weeks ending January 31 were actually greater than
in the corresponding five weeks last year, the totals being
five

7,842,048 bushels, against 6,273,597 bushels. But the
increase was entirely in the spring-wheat movement of

the

Northwest.

Toledo,

Louis,

St.

and

Detroit

Peoria, which receive only winter wheat, show dimin-

ished arrivals of the cereal, the falling off at some of
Chicago receives both
these points being quite large.

spring and winter wheat, and has a somewhat larger
Analysis of the total repeals
total than in 1890.
that the increase is in spring wheat, winter-wheat
receipts having fallen

Duluth gets only spring

off.

wheat, and received 425,577 bushels this year, against
But it is at Minneapolis another
213,036 bushels.
spring-wheat point that we find the bulk of the ad-

—

—

dition over a year ago, the receipts there for the five

weeks of 1891 reaching 5,021,940 bushels, against only
3,236,310 bushels in the five weeks of 1890, and but
1,619,080 bushels in the five weeks of 1889.
It is this
larger spring-wheat
like the St. Paul,

movement

and

that has helped roads

of course also there has been

an
which have

advantage from the better freight rates
been realized since the Ist of January nearly
the West.

all

over

BBCEIPTS OF FLOUR ANT) OKAIN FOE FIVE WEEKS ENDED JANUARY 31
Hour,

Whtat,

ibUt.)

(Inuh.)

(Jhieaoo—
1801

48S,48t
S1S,068
801.273

1890

use
mtuauket-

ere.ru

1801
iseo

SM,178

1880.

1801.
1800.

Oorn,

OaU,
(btuh.)

000,153
777,489
567,805
787,606

3,338,528
8.232,652
4,314,285
3,325.498

4,125,883
4,123.966
2,953,411
2.764,068

1,480,296
1,463,696
1,633,517
l,230,19d

UOl

Onuh.)
248,532
814,377
152,602
121,282

836.623
131,727
106,030

76,360
71.230
195,630
80,820

417,000
196,000
220,000
154,000

784,920
542,110
808,350
380.340

112,204
104,230
36,409
99.944

100.018
118,210
71,306
68,206

303.370
736,350
141,347
241,656

1.326.180
6,888.735
5,902.660
2,443,680

724,790
1,063.780
1.071,465

282,200
185,100
205,627
184,200

20,360
101.263
19,250
16,572

70,630

163.075
1,762.398
286.637
165,222

12,331
31,0«2
84,218
23,071

3,90a

180,402
186,277

7,040
3,846

4,171
11,130
3,624
9,626

148.140
213.834
311.260
00,844

114,963
211,390
131.106
71,646

78,685
166,188
73,686
103,210

326.650
181.080
119,665
167.315

56,185
72,907
44.844
48,322

1,400
6,347
3,805
147

879,000

187,200
186.000
121,200
115,200

24,200
28,160
58,300
58,300

88,550

177.U5

Dttmt1801
1800
1880

11.603
16,841
10.088

1888.

18436

140.225
820.674
211,833
280,037

1801

66,527
36.862
26,444
17.260

293,686
210,700
206.276
169,832

224,480

14,100
10,326
8,020

68,000
70,600
76,600
88,600

„i™-2,629,800

1800.

1880
1888.

1801
1800.

1880
1888

8,261

83.005'
72.488!

108.836

1.188,450
1,571,700

DuiutA1801.

1800
S8,627

1801.

066,538
1,047.203
506.118

426.677
213.036
465.707
422,460

1888

l.fl07.86ll

7.842.048
8,273.597
3,904,329
5.151.421

In corn there has been,
of

very large

3,696,311

2.025,188

Rye., .bush.
Barley.huBh.

214,187

271,171

1,298,897

1.338,435

8.732,506

360,318
3,747
29,216,685
11,379.504
1.068.260

Total grain
Flour., bbls.
Pork....bbIs.
Cutm'ts.lbs.

Lard

lbs.

LlvehoKsNo

1888.

1887.

1868.

d885,977

1.093.485

400,630

2.870.238

3,;i71,218

2,353,717

2.716,84*

1,667.707

124.818

2,281.022
103,148

40,722

59,130

1,407.742

1,076,217

1,141,106

1,107,031

13.170,862

8.369.340

7,015.603

8,396,.'i76

6.680,U4-J

457.185
4,312
28.344,059
12,886,824
807,798

282,197
6,187
19.215,152

572,254
6,786
13,042,205
5.269.501
6,761.712|

688.986

Thus 1,068,260 head

483.687:

of hogs

2,561

21.942,049
10,635,442

14,874.730

541,837

657.76t

684.7.S4

came

177,54»

9,173

'

1

8,175.40t

Chicago in
January, 1891, against 807,798 head in 1890 and only
483,687 head in 1889. As a result, 31,740 car-loads of
live stock of all kinds were received at the Union Stock
Yards the present year, against 38,614 car-loads last
year and 21,095 car-loads the year before.
The St.
Paul brought in less than in 1890, 4,045 car-loads,
against 4,334 (we are quoting from the statement furnished by the Chicago correspondent of the Evening
Post), showing that the increase in jts earnings did not
come from that source, but came from the larger springwheat movement. The Burlington & Quincy, on the
other hand, brought in 8,283 car-loads, against 6,939;
the Northwestern 5,485, against 5,048 the Chicago &
Alton 1,863, against 1,396 the Rock Island 2,874,
into

I

I

(

;

'

',

I]

|

i

j

I

;

]

against 2,648

; the Illinois Central 3,298, against 2,827;
the Atchison 1,633, against 1,434; the Wabash 1,797,
against 1,559, and the St. Paul & Kansas City 1,068,

j

'

1

1,078.000
674,000
1.243,400

|

But while there was a heavier movement of live
stock, the movement of provisions was less
decidedly
so in the case of the shipments from Chicago.
The
effect of this latter circumstance, combined with the
contraction in the grain movement, is strikingly shown
of dead freight, through

and

from Chicago

local,

Week enMnQ—

in the

January
January
January
January
January

7,795,3 79

it

dimensions.

6,600.322

2 872 288
2 826.(^1

4,920,850, 2 782 104
6,484,9 66 20(3 408

1888.

Totu.

Tona.
103.664
73.388
61,840
66,508
54,183

Tons.

81,661
77,344

Tons.
112,500
131,788
128,006
106.078
06,268

46.0*7
5e,08S

H
k

408,808

673,734

349.582

281,248

4

3.

77,307

82,687
74,810

17.,

24..

31..

!

1'68.

in 1891

amounted

M,»«»
46,170

to only 403,809

Some

of the

410,857
568,406
274,990
806,871

more

Pennsylvania, are not included in our table of earnbut the statement is useful as showing the

ings,

general course of traffic on
lines.

the

»
'

7»,01T

prominent roads engaged in transporting this freight,
like the Michigan Central, the Lake Shore and the

be seen, a falling off
In fact the aggregate

will

\

1800.

10.

Total.

212.762

'.OW.OIO

,

1881.

tons, against 573,734 tons last year.

6,423,947,

'

'

weeks:

Thus the shipments

???i}'Si5
11.581.298

i

in the following statement of the east-bound shipment*

785
310.280

'

—

AST-BOUND FREIGHT SHIPMENTS FROM CHICAGO.

_Jbtalo/aJI1880,...

1800

7,172,970

3,574,423

752.(153

\

6,021,040
3.236.310
1,619.080
2,434.260

i8so;;!!!.':!:::;::

2,892.668

517,«17
3,894.597

first five

Jf<nneaiia(t»—

1880
1888

694,075

Wheat.bush.
Com... bush.
Oats., bush.

against 1,012 car-loads.

620.467
531,543
456.509
539.813

6,608
13.641
10.832
18,777

,

1889.

|

ItoMo-

1800
1880
1888

1890.

;

BarUVt
(.Inuh.)

Receipt:
1891.

east-and-west trunk

I

Fkbrcaby

THE CHRONICLE.

891.]

14,

noteworthy that with a smaller grain and
lirovisions movement the trunk line and Middle Westthan any
irn roads make on the whole a better o.Khibit
It is quite

rther class of roads except the Pacific systems.

RCCKim or

2fil

COTTON AT MOIITIirRN PORTd IS JANCTART, 1991, 199«
1830, 1888, 1887 AXD 1886.
Jamurv.

Port*.

Out of 53
OalTMton

K\ I'aao, &a
which have furnished returns from that section,
New Orleans*
u) more than 7 show a decrease, and only the Wabash
Mobile
The other six are mostly minor
ge in amount.
and
Ilruiiswlok, *o
.lues, though the Baltimore & Ohio Southwestern
Ctmrtuflton
he Toledo Peoria & Western are among them. The

~6,323

7,631

8,00V

804,^01
38,818
1,700

363,866
88,000
4,687
83,817
88.136
18.686

that section, as already

in

number

of cases strikingly large

TRUHE

IINBS,

Total

Among
January.

1881.

*

Ult.AO. Sonthw.
Booh.

Suit.

'

.lao

;,

.*

&

Pitt.

East. ni.

A West. Mloh.
in.Chlc.JtSt.

1,

"l.Uock. V.&T0I.

T^nsin^&No.

K'(.

BysnsT.A Terra H.
?imt & P. Marq....
.irnnd Kap. &In<l.*
ir

Trunk of Can.'

1.'

a.RTail8.& St.L.

N.A.&Cblc.
Y.Cent.iH.K..

iA'Uis.

N.

Ohio

& Mississippi.

Pittsburg

A West.

St.L.A.*T.H.l)r'8..
Tol. & Ohio Cent.

Wabash
We.«. N.Y. *Pa..

»

$

«

«

1887.

1888.

1880.

1880.

190J8UI
38,468
1.887
61,371

373,788
31,146
4,488

20a.4M

•1.0.30

sata

7,16«
60,338

3.674

1,8«1
38,817
1,316
7,878

86

370

81,669

11,817

998

918

1,808

674

94.807

46,338

68,678

68,062
37,138

868
10,066

73.228

19,312

«6,880

801.184

•13,334

844366

474,766

the roads in Texas

«8,0il
0,088

948
4i6,981

31,180

574,943'

480,013

and the Southwest, the

1886.

t

182.861

146.666

123.146
183.476
81.859
827.974
211.692
71.417

117,U6

170.900
179.905
188,621
180.706
160.609
183.387
117,766
188.310
206.369
216.816
227.287
206.227
87.381
97.813
93.534
104.406
836.383
871,213
1.069.432 1,017.993
199,476
206.138
164,017
305,044
64.770
76,427
73.684
81.562
66,663
61.246
74.861
80.688
194.896
388.U1
302,068|
263,791
205,513
188,736
201.248
207.807
1,881.022 1.647.707 1,663,178 1.427.583
76.661
76.623
87,686^
111.891
147.067
177,120,
165,350
190.003
3.007.852 2.923.406 2.710,150| 2.716.701
S18.B22
304.827
310,767
324.984
169.599
142.853
162.263
153.231
78.803
78.810
97.140^
113.276
81.466
108,212
95.800
103.036
89.S.637
870,766
994.862 1.121,909;
247,290
212,769
256,2721
307.800

179.622

tl35.883
83.831
732,085
166.936
72.827
46.283
152.094
143,279

1.407.902

1.286,359

64,968
139,417
2,714.710
295.219
153,106
74.086
85.966
884.444
189,809

56,401
113.821
2.295.096
274,180
80,301

8 263.070

8.105,266

0.917.811

64.610
i72.904

64,«4T

42,e:8
68,937

.Ni.rr..lk

AND XIDULK AKO MIDDLE WESTERN B0A08.

87,176
8.808
76.878

••,119

36,8«6
1.420
11.626
371

Washington, Ao

Wnst Point, Ac

trains.

«46.«M

1886.

1887.

47^

•6.180
8.184

80.616
88,688
3,028
11.642

18,866
47,838

Ac

Tort Royal,

nentioned, report in a

101,8«

urn.

1808.

88,617

balw.

ines

utuminons coal carriers

1890.

1881.

58.181
62,002
766,687

&

Great Northern, the St, Louis ArkanTexas, the Kansas City Fort Scott & Memphis,

International

&

sas

the St. Joseph

Texas

sides the

& Grand Island, and a minor road, be& Pacific, all have suffered a decrease.

EARNINGS OF S^IITHWESTBRN GROUP.
Januaiy.

1890.

1391.

»

A Rio Gr
A Hem.
Mo. Kan. A Texas.
Denver

61.S500
833.265
649.714
195.075
316.302
180.758

.

K. C. Ft. S.

Rio Grande West...
Ark. A Texas
A San Fran..

St. L.

St. L.

TeiasAPadflc...

689.883;

Total

»

*

I

404,908
268,667
416,636
66,684
125,691
275,313
429,370

595,300
381,305
629.613
107,375
361,713
454,010
650,922

3.840.4971 8.195,268

The Northwestern roads show

169.813

1,987,143

2,772,695t

losses in the case of the

& Kansas City, the " Soo "
9.645,810 9.252.449
_ Total.. ..^
t ChlcaKO & Indiana Coal nut included here.
Eoad, the Milwaukee Lake Shore & Western, the Eastern
All llnea.
t FlTe weeks.
On the other hand. Southern roads as a class, make of Minnesota, the Des Moines & Northwestern and the
Keokuk & Western, but gains in the case of all the
this time much less favorable exhibits than heretofore.
8.6.'12.166

.

There are no very large gains in amount, outside of
on the Nashville Chattanooga & St. Louis,
while 11 roads out of 43 report a falling off in
earnings, among them all the roads in the Erlanger
that

This seems strange in view of the fact that
the cotton movement was heavier than a year ago, the
shipments overland being 239,531 bales against 378,287
bales, but the receipts at the ports being 801,184
But comparison is with a
bales, against 613,234 bales.
month last year when the addition to earnings had been
very large; and besides this the strike of the coal
miners in Alabama (now settled) probably had a genA f«w of the Southern roads
eral adverse effect.
deserve mention for large improvement, more particularly the Mol)ile & Ohio, the South Carolina, the
Cape Fear & Yadkin, the Georgia Southern & Florida,
and the Nashville Chattanooga & St. Louis already mensystem.

tioned.

1891.

1889.

1860.

1887.

1888.

1886

'

Chesapeake
Ches.

A Ohio

OhtoASo.W.

Cln.N.O.ATex.P.«
'

'

lt.Tenn.Va. AGa..
LonLiTille

ANasb.

Louisv.N.O.ATei.

Memphis A Char.
Mobile A Ohio
Norfolk «We»W..

RIch.ADanv.syst.
South Carolina....

Toul
"

6.895.644

Kiiiire system.

valley for

t
»
«
412.737
646.046
818,917
170.326
206.848
178.996
736,946
691.159
775,593
670.211
855,693
510.611
1.583.366 1,571.327 1,598.817
372.780
361,297
256.809
156.804
172,514
182.520
321.891
291,637
281.202
661.646
•32.692
501.588
1,111.300 1,154,027
920.217
179,000
142,281
1.34.688

all

t

6.354.979

6.473.734

Includes Scioto Valley

tbe years.

H Richmond

A

«

$

t
f301.169

420.131
160.760
682.743
469.414

351,190
115,600
674,945
422,487

1.306.817

1,227,769

1,050.686

211.528
157.910
202.210
485.971
831.610
127,577

819,063
156,246
236,015
382.816
696,828

159,718
115.167
181.253
805.225
583,622

98.132

94,375

l,987.06lJ 4.525.091

3,681.763

•

117.265
418,202
321,031

A New KuKland and Shenandoah

AileKbany estimated.

The following table gives the particulars of the cotton receipts at the Southern ports.
It will be observed
that the increase was not only large, but general. With
reference to the receipts at New Orleans, however, it is
well to say that the Texas & Pacific did not participate
in the increase,

having brought in only 45,911

ajjainst 53,175 bales last year.

Island, the St. Paul

other roads, the large additions on the St. Paul and the

Great Noithern having already been referred

bales,

to.

EABVIX09 OF XORTHWESTIBN LINES.
January.

1891.

1890.

$
Burl. Ced. R.

A No

Chlc.MU.ASt.Paul

251.734
1.946,195

A Pac.

1.097.187

Iowa Central
Mll.L.S.AWest...
Milwaukee A Nor..

185,211

Chic. B.I.

t
205.627
1.655,909

*
208.245
1.452.016

1.188,098
118,801

1,013,848

609,283

391,117

347.529

325,579

256,6.34

4.966.862

1,639.890

4,220.182

3,833,148

1X8.801

Minn. A St. Louis..
Paul ADuluth.
St. P. Minn. A Man.
Wisconsin Central

106,690
91.240
661,857

St.

Total

Not Includitur the

*

1888.

1889.

$
216,532
1.791,111
1,156,178
121,708
220.902
102.911
101.785
87,213

98,272
131,525
87,886
88,600
61,511
482.121
228,012

207.318

lines

181,640
79,987
83,390
60.119

1887.

1884.

t
220.208
1.190.239
•902.613

177,663
1,446,174
•731,600

*

109.448
140.083
64.482
117.815
98,857
459.251
216.535

83,907
97,079
40,038
73,696
67,122
406,639
119,664

3.828,562

3,230,271

west of Missouri BiTer.

GROSS EARNINGS AND MILEAGE IN JANUARY.
UUeagt.

aros$ Bamingi.

JVame 0/ Road,
1891.

Atch.Top,&8.Fefl....
R'dsJ'ntly own'd, "a
St. L. & Sail Kran.
R'dsJ'tly own'n.'a
Atlanta & West Point
Atlanta & Florida ...
.

EARNIHGS or SOUTHEBN OBODP.
Januarv.

Rock

$
2,207,268
123,546
480,738
121,086

Cin.Jack. & Mack
Ciii. N. Orl.&Te.x.P..
Ala Gt. Southern...
N.Orl. & Northeast.
Ala.&Vickrtl.urg...
Vloks.Shrev.&Pao..

5.!, 712
11,711
180.708
188.310
251,734
44,185
1,314,000
53,104
210,371
38,817
46,971
8,667
646,046
2J6.818
296,227
1,946,195
1,097,487
279,954
101,406
4.436
55,767
353,549
159,665
103,673
59,169
59,884

Clu. NortUwcsturn...
Cin. Wab. <fe Mich....

45,688

&

Bait.
Ohio South w.
Buff. Roch. & Pitts...
Burl. Ced. Ran.& No.

Canada Atlantic
Canadian PaL-illc
C'.Fear & Yad. Val...

Vermont
;New London No. ..
;Ogden9.& Cham.

{Central

I.,.

Chattanooga Union..
Chesapeafec

&

Ohio.

Ches.O.&So.Wcsfn.

Chic. & East. Illinois.
Chie. Mllw.&St. P...
Chlo. R. Isi. & Pac...
Chic. St. P. & Kan. C.
Chic. & West Mich...
Cin.OeorK.d; Porta...

Akron & Col
Clev.Cln. Ch.&St.L.

C'le V.

1,571
70,1)00

Peoria & Ea«t. Ulv.
Cleveland & Marietta
Colorado Midianil...

1,069,432
126,895
27.935
168.908

& Tol.

205.044

Col.

Hock. Val.
Lake

Coluaa,Si

1,742

1890.

$
2,137,495
105,464

454,040
102.803
50,655
11,151
188.521
117,766
21d.532
47,9«7
1,034,122
39,762
209,818
40,941
50,245
8,261

618,917
178,998
227,287
1,794,411
1,156.476

334,696
93,534
3,764
42,999
358,691
177,353
101,719
63.318
66,512
2,119
38.818
60,936
1,017,993
129,i>07

19,209
133,322
164,017
1,266

Increase or
1891.
Decrease.

$
+69,773

6,527

1890.

6.529

+ 13,032

577

582

-r2*>.718

1,329

1,339

+ 18.231
+ 2,037

526
87
105
281
304

526

+ 151.784

5,703

5,678

87
105
+560
-7,815
281
+70.314
304
+35,202 1,046 1,046
135
-3,782
135
+279,878 5,568 5,407
338
296
+ 13,342
504
504
+553
—2,124
100
100
—3,274
118
118
43
+406
43
931
931
+ 27,129
398
398
+ 27.830
436
436
+68.940

-58,989 3.355 3,257
863
—54,742
863
478
404
+ 10,872
42
43
+ 672
344
344
+ 12,768
—5,142
336
336
-17,688
296
395
—1041
196
196
143
-9,149
143
—8,628
170
170
-548
8
8
165
165
+ 6,870
194
194
+9,084
^51,439 1,714 1,714
333
353
—2,612
105
105
+ 8.726
350
287
+ 35,584
326
327
+ 10,997
22
22
+ 478

THE CHRONirLE.

262

Mileage.

OrotM SamtTig:

Savntof Soad.

InereoK or

*

Macon.
Day.Ft.Wayne & Cliii
Denv. JcRioGraatle.
Des Molues i North
Dta M. & ITwestern.
Oovlneton

.

Evansv. A T. Haute.
Flint APereMarq...,

A

Pen.
Fort Worth A Rio G.
Oa. South. A Florida
Or.Rapldt; A Imliana.

CUi.Rich.Al;t.W..
Other linijs
fGr. Tr. of Canada ...
fChlc. A Gr. Trunfe

.

tDet.Gr.Hav.AMil
Ot So.—8. AF. M.AM.
Eastern of Minn...

Montana

Central..

A Chicago
Hutchinson A fouth.
Ind. Dec. A Wcat'n..

Gulf

Humeston A Shen

. .

Intemat'l A Gt. No..
Iowa Central
Iron Railway
Jack'ville Southeast.

Kanawha A

.Mich.

.

.

Kan. C.Clin. A Spr...
Kan. C. Ft.S. A Mem.
Kan. C. Mem. A Bir
Keokuk A Western ..
King8t. A Pembroke
Lake Erie All. A So..
Lake Erie A Western

.

LehUh A
Little

Huil. River.

Rock

A Mem..

LonK

Island
Louisr. Erans. A StL
Lonigv. A Nashville..

LouU.N.Alb.AChio..
Lon. N. Ori. A Texas.
Louie V. St. L. A Tex.
Lynchb. A Durham ..

Hempb. A Char'riton
Mexican Central
Mexican National

JMexican Railway. ..
Milw.L. Shore AW...
Mllw. A Northern
Mineral Range
Minn. A St. Louis...
Minn. Bt.P.AS.SteM.
Mo. Kans. A Texas.
.

Kan.«a.s City A Pac.
Mobile A Birming ...
Mobile A Ohio
Nasb.Cbatt. ASt.L..
Men Orleans A Gulf.
N.y.Ccnt. AHud. Biv
N y. A Northern
N. Y.Ont.AWest....
Norfolk Ji Western.
.

.

Monhem I'aciflc
Ohio A Mis8i».sippi.
Ohio A Northwestern
Colum. A Maysrllle
.

Ohio River
Ohio Southern
Ohio Valley of Ken
Peo. Dec. A Evansv.
Pitts. Marion 4 Chic
.

A DanvUlc

Virginia Mid. Div..
Char. Col. A A.Div.
Col. A Greenv. Div.
Wert. No. Car. Div
0«orgia Pac. Di v.
.

WaBh.ObioA W.Div

A

A«he.

Spar. Div..

Elo Grande We-xtem.
Bag. Tuscola A Huron
St. Jos. A Gr. Island..

8tL.Alt.AT.H.Br3.

A

St. L. Ark.
Texas..
8t. Paul ADulut^....

Ban Fran. A No. Pae.
Sav. Amer. A Mont..
Seattle L. Sh.

A East.

Boutb Carolina
Btatenlsl'dRap.Tr..
Talladega A Coosa V..
Tennessee Midland.

Texas A

Pacific
Tex. Bab. V. A .Sorth

ToLA.Arb.AN. Mich

Tol. Col. A Cinn
Tol. AOhloOntral..

ToL Pco. A Wc?t
ToL 8t. L. A K. City
Toledo

.

A

Wabasb

Bo. Haven..
(oonsol. sys.)

Western of Alabama
WeefcN.Y.APcnn.
.

WlMel. ALake Erie.
Wlaeonsln Central.
Zanesvllle

TotV

A

S

$

Decrease.

13,329
4.5.677
39,539
593,300
645.500
5,273
S.l'^S
17.758
12.427
39.382
43,099
73,584
81,552
120.268
124.106
9,732
10,500
653,693
670,212
52,442
57,809
20.119
2.5,660
74.861
86,688
228,111
253,79
120,957
133,772
10,018
17,363
51,903
76,300
156,919
160,668
30,351
31,629
13,979
15,510
l,6ti4,022 1,647,767
355,171
361.014
89,848
98,377
654.83509,283
41,658
40,642
9.-<,UU
74,422
3,272
3,358
11,722
13,500
3,123
6,110
32,343
40,215
366,557
308,653
121,768
125,211
3,014
3,321
51,460
73,776
20,612
23,960
21,989
25.788
333.265
3-i4,305
99.667
118,769
32,325
30,141
9,175
9,586
4.654
5.269
251,041
243,001
30,620
23,244
60,107
70,860
203,595
236,978
75,523
111.891
1,583,365 1,571,327
190,903
165,350
372.789
361,297
32.43
28,751
11.000
4,800
136,804
172,514
553,640
571,056
336,5 <4
332,097
322,785
303,232
220.902
207,318
102,91
128,601
8.251
9,600
106.690
104,78.3
143.219
201,351
649,714
629,613
23,158
19,85^
2H,628
23,770
321.691
291,637
357,713
308,586
18,015
14,686
3,007,852 2,923,406
33.120
42,602
217;828
135,851
661,645
632,692
1,740,600 1,177,40(1
324,984
319,767
16,578
15,623

i

-i

.

Ohio...

(13*1 ro «d«>.

1891.

107
257

1,575

1,494

t-768

42
115
232
323
571
62

42
115
232
323
563
62

+ 14,519

1,359

1,1SI

139
150
156
625
574
113
339
409
86
72

139
150
156
625
574
40
210
409
86
72

3,487

3,487

+ 3,838
+5,367
+5.546

+ ll,82';
+25,680

+ 12,816
lk+7,343

+24,397
+3,749
+1,278

+ 1,531
+ 16,255
+ 5,843

335
189

.189

+145,574

3,010

3,006

+33,383
+36,368

71
179
62
95
82
152
825
509
20
415
142
163
671
275
148
113
61
722
00
135
361
386

71
178
62
95
32
152
825
509
20
316
142
163
671
275
148
113
61
722
90
135
361
321

+ 12,038

2,314

2,196

+25,553
+3,687i
+ 6.200
—15,710!

537
792
121
115
330

537
560
121
61
330

+ 17,416;

1,527

1,527
1,218

— 1,016

+23,718

+86
+1,778
+3,287

+ 7,872
—57,904
+3,443

+30'

+22,316
+3,348
+3,799
—51,040
—19,102
-2.184

+411
+615J

+ 8,010

+7,376

+ 10,733

+ 11,492

+4,487

1,218

+ 19,533

293

+ 23,690l

36-'

—13,584|

699

+1.3491

17

17

363
805

363
803

+ 20,101

1,651

1.651

+ 3,300

131
150

131
150
637

+2.858
+30,0541

+ 49,127;
T^3,329i

+ 84,446

—9,482|

687
652
65

652
65

1,420

1,420

61

61
371
963

425
+81,9771
+28,933, 1,045
+563,200 4,287
+5,217
623
+955
106
19

51,845
51,820
21,732

48,636
44,968
16,436
57,949

+3,159
+6,852

209
128
108
254
25
367
134

+ 5,296
+ 17.943

3.632

2.3121

+ 1,120

1.33.231

162,263

—9,032

22,480
520.350
175,300
89,800

18.0261
526,300;

6,.374

61,69'*

113,276
316,302
91,240
49,460
43,000
31.010
179,000
54,600
6,000
17,160
589,883
3.1.33

76.256
23.121
103.036
69,658
120,531
1,694
994,852
61,531
307,800

+ 14.500

355

SS.OtiO

+4,740

393
298

88.868
78.614'

91 ',.330

347,329
11,261

623
106
19
209
128
108
234
23
367
134

+ 82
+ 4,706
—12,625

296
566

355
393
298
292
518
50

+832
+968

50
70

t87,700

386
67
447
242

—18,411

70
36J
6447
242

1,227

+ 3,997

1,227

217

H 13,990

160
190
124
313

247
160
175

+693
-61,475

+ 15,836
t20,553
+7,826

+ 36,716
+ 2.984
—564
+ 965
-70.0)9

—480

24
23

135
1,497
3b

9.;

247
24
23
135
1,497

+ 1,689
—42

72
233
247
451
37

38
286
43
235
247
451
37

—4.638
+2,352
+7,236
—2.046

28(1

-127,057

1,921

.39.897

+ 1,634

1.921

256.272
82,734
323,579

+51,528
+7,796

132
678

138
678

237
867
80

187
828

9.741

36.7T3.3-<I 34

;4.454

3,651

—5,950 1,112 1,C75

160,800

191,875
8,748
10,732
107,375
5 881
123,173
97,440
364,713
87,243
35.470
22,447
23,214
142,284
51,616
6,364
16,195
659,922
3,633
80,894
21,069
93,800
71,704
118,842
1,786
1,121,909

293
690
303

+1,905
-56,132

+52

88,9.30

335

+ 8,529

608

83.330
182,250
9,600
11,700
195.073

1890.

107
257

-11
+6.138
+50.200
+2,916
—5.331
+5.717
+7,968

660

75,89.'

A We.^'tem....
Quln. OuiahaAK.C.

Plttsb.

Biclunond

1S90.

13,212

Det. Bay City A Alp.
Det. Lannini; & Nor
Dal. So. ehora A Atl
East Louisiana
K. Tcun.Va.it Qa...
EUz. Lex. & B. Bandy
Evans. & Indianap. .

Florhia Cent.

1891.

+21,951
+ 1,520

80

613.203^2.160.328 90,099 i7,292

For Ave weeks ending Ja luary 31.
For four weeks end'ng J.iuiiary 24.
T Atlantic A Pacific and California Sontbem are also
•taly this time, and they show as loUows :f

I

AOanticAPaolflo....

CaUfomla Southern..

234.084
152,814

193.430
112,826

+40,634
+39;988

stateil
*"

815

476

separ-

815
476

[Vol. Lll.

CONNEGTICVT MUTUAL LIFE INSURANCE
COMPANY.
Mr, Jacob L. Greene, the distinguished President of this larg«
made his report to the members, or policyholders, which will be foimd at some length in another
column. Among the prominent life companies of the United
States the Connecticut Mutual has become noted for the conservatism of its methods and its protection of the interests of
policy holders in giving them the utmost safety for their investment. The business of the year and the status of the company are fully set forth in Mr. Greene's report, which should
be carefully read by all who are now in the company, or who
contemplate taking out new insurance. It is possible here to
notice only the salient points, and among these should be mentioned the fact that expenses of management in 1890 were
only 9'37 per cent of the income, against 9'98 in 1889, a ratio
which was lower than that of any other company. On the Slst
corporation, has

of December, 1890, this

insuring

$153,234,742.

company had

Its liabilities

$58,747,707.

in force 64,147 policies,

on that day were
were $53,175,707.
Its surplus was

Its gross

assets

an increase during the year of §491,823. Since
1882 the business has been figured on the basis of receiving
only 3 per cent interest from investments instead of 4 per cent
$5,572,000,

as allowed
the surplus

by the State, and figured on the 4 per cent
would be considerably over §6,000,000.

basis

3BjO0k %%oXicts,
Lord Melbourne. By Henry Danckley, LL.

Low A
This

is

D.

London: Sampson.

Co.

the second volume of the Queen's Prime Ministers

By some it may be found less interesting than its
predecessor. By others it may be found even more interesting. It deals with events which are more remote and less
familiar; and although Lord Melbourne was not so pronounced an individuality as the Earl of Beaoonsfield, he was
series.

a conspicuous figure and wielde 1 great influence in his day
and generation. Born in the purple, it wai not a necessity
with him, as it was with Lord Baaconsfleld, to begin life
with the determination to mike the world his oyster, and
Although by no means without
to force recognition.
he rather drifted into,
ambition,
than sought or
courted, place and power.
He had gifts of his own which
were of a high order of excellence; and he found opporDr.
tunities which on the whole he turned to good account.
Dunckley has not the brilliant and picturesque pen of Mr.
Froude; but he i^an experienced and capable writer, and, as
every one acquainted with the Manchester Eximiner and
Times is fully aware, there are few men better posted on
questions connected with the history of the great Whig or
Liberal pirty in the British Isles.
If his book is different
from Mr. Fronde's Beaoonsfield, it is not because it is of inferior merit but because the subject is different
and the
treatment is in harmony with the subject.
If Dr. Dunckley
has erred at all, it is in giving so much space to family antecedents and to the earlier and less important part of Lord
;

Melbourne's

life.

William Lamb, the second Viscount Melbourne, and future
Premier, was born at Melbourne Hall, Derbyshire, March 13,
1779. His father, the first who held the title, was the descendant of a long line of highly respoctable ancestors, who
through the practice of law, through ecclesiastical appointments in the Church, and otherwise, had contrived to amass a
large fortune. One half of this fortune, fully half a miUion
of povmds sterling, a big sum in those days, having fallen to
him, he was by-and-by raised to the peerage as Baron
Melbourne of Kilmore, in the County of Gavan, Ireland.* His
mother was of the family of Milbank, of Halmaby, Yorkshire.
William was the second son and at the outset of life he had
but a dim prospect of succeeding to the family honors. He
was at the age of eleven sent to Eton, where among his classfellows he had John Bird Sumner, afterwards Archbishop of
Canterbury, Charles Elli=, afterward Lord Stuart de Rothesey,
the Marquis of Tullibardine, Charles Stuart who became third
Marquis ^of Londonderry, and the famous Beau Brummel.
From Eton he went to Trinity College, Cambridge, and later
he spent two sessions at the University of Glasgow, under the
special guardianship ot Professor MUlar. At both Eton and
Cambridge he won distinction.
At the college debating
SDciety he is said to have proved himself a fluent speaker and
;

A

Fkbroaby

THE CHRONICLR

14, 1801.]

263

have been hnppy and ready with his historical and poetical bourne was strongly devoted to the Queen, and even warmlyAt Glasgow University he revealed some of those attached to her personally. He initiated her in public affairs
Although in the most easy and kindly manner. She, on the other band,
haracteristics wliich clung to him in after life.
the soul of honor, he was a man of the world and without placed in him almost filial confidence.
The discipline and companionshin were mutually benefi:iiiy seriousness of cliaracter or depth of religious convicHis mother had sent him a copy of Robert Hall's cial. Qreville says: "Never was such a revolution seen in uny
tions.
famous sermon on " Modern Infidelity." He was pleased with one's occupations and habits. Instead of indolently sprawlioj;
and he in all the attitudes of luxurious ease, he is always sitting bolt
its style, but he was not convinced by its arguments
" I do not like the upright; his free and easy language, wont to be interlarded
luld not get over his class prejudices.
" They are more zeal- with 'damns,' is carefully guarded, and regulated with the
)i38enter8," ho writes to his mother.
and he has exchanged the good talk of
ous and, consequently, more intolerant than the Established strictest propriety
liurch.
Their only object is power. If we are to have a Holland House for the trivial, labored and wearisome inaniprevailing religion let us have one that is cool and indifferent ties of the Royal circle." When the time of parting came,
It was far easier for hiiu to resign
Melbourne felt it keenly.
—such a one as we have got."
As is the custom, or as was, it was deemed desirable that the cares of Government than to bid farewell to Windsor.
Lamb should take to a profession. He took to tlie study of On the evening of his resignation he saw the Queen by special
His elder request. He had kind things to say of Lord John Russell and
law and became a member of Lincoln's Inn.
brother dying, he soon abandoned law for politics, and en- Sir Robert Peel. He saw the Queen next morning before
leaving the castle.
Melbourne
She was much affected.
tered the Hjuse of Comnons as member for Leominster.
"You will find
About this time he married Lady Caroline Ponsonby, daugh- reminded her of her altered situation.
a great support in the Prince.
He is so abTe. You
ter of the Elarl of Bea-sborough a marriage which brought
said when you were going to be married that he was perliiin nothing but discomfort. Lady Caroline's unfortunate infection, which I then thought a little exaggerated
but
ituation with Lord Byron, with all its miserable consequences,
known to most readers. During his House of Commons really think now that it is in some degree realized." Writing
" This natiurally gives
career, which extended from 1805 to 1838, he held some to her uncle, Leopold, the Queen said
oiKces of importance under Mr. Canning, Lord Goder- me great pleasure, and makes me very proud, as it comes
;li and the Duke of
Wellington. In the year last named, from a person who is no flatterer, and who would not have
said it if he did not think so'and feel so." Lord Melbourne
Ills father having died, be assumed the title and took his seat
iu the House of
Lords
and in 1830 he accepted the lived six years afterward but it was in the main a life of
Great Britain retirement. He was a frequent guest at Windsor, and the
als of the Home Office under Earl Grey.
Queen's friendship for him was cherished to the last.
IS at the time in the agony of the first great reform moveOne of the unpleasant episodes of Lord Melbourne's life
!nent.
Party feeling ran high. Melbourne was true to his
friends and although never much of an enthusiast in any was his relation to the Hon. Mrs. Norton. This is not the
)

I

illusions.

.

;

I

;

(

—

;

.

:

i

;

;

;

was potent, and while gradually coming
rank of his party he contributed mightily to the
Liberal victory in 1833. In 1834, such was his ascendency in
the councils of the Whigs, that on the retirement of Earl
Grey the King, William IV., sent for Lord Melbourne. Dr.
Dunckley tells the story of this psriod with much spirit.
The King was pronouncedly on the side of the Tories. His
desire was to have Peel in power, and he resorted to many
shifts to accomplish his purpose.
But the House of Commons
refused to submit to the King's interference, notably by the
removal of Lord Altborp, reckoned the ablest Liberal in the
Commons, to the Upper House and, an appeal having been
made to the people. Lord Melbourne was re-established on his
seat as First Lord of the Treasury.
The most pleasing part of Lord Melbourne's career, and to
the general reader probably the most interesting, begins with
the accession of Queen Victoria, She was but a girl in years,
having barely come of age when she was called to the throne.
She had been peculiarly trained. Her only companions had
been her mother and the Countess Leizen.
She had no training whatever for public Ufe. It was a great change to her
cause, his influence
to the front

I

;

when

she was called fi-om that quiet sphere to the duties and
In such circumstances it was all important
she should have at her right hand at the outset both wis-

cares of a throne.

hat
dom and strength. In Lord Melbourne she found both.
From the morning on which she was aroused from her slumbers, and summoned before the Council to take the oaths
customary on the occasion of succession to the throne, on to
1841, when Sir Robert Peel came into power, more than a year
after her marriage, Melbourne was her constant companion
and tutor. Dr. Dunckley calls him Regius Professor. The
history and principles of the Constitution, the functions of the
various parts of the Governmentr— the Crown, the Lords, the
Commons, the Judiciary, and the relations sustained by the
Government to the Church and by the Church to the Government—all these might have been taught theoretically by some
learned professor but Melbourne knew and was skilled in the
practical workings of the great Government machine.
He lived at the Castle. At his farewell interview with Queen
Victoria he could say that for the previous four years he had
seen her every day.
He took her dispatches to her every
morning. After lunch he rode out with her, one of a numerous
cavalcade, but taking his place next to her. At dinner it was
80 arranged that he had his seat always at her side.
Baron
Stockmar, who had been sent to Windsor, and who was kept
there for family reasons by the King of the Belgians, was his
only rival; but Melbourne had little difficulty in keeping the
Baron in his place. Stockmar's biographer says: "Lord Mel;

Dr. Dunckley writes in guarded
language, but he does not conceal hiu conviction that His
Lordship was to blame. It was an awkward situation for a
place to repeat the story.

prime minister. Mr. Norton sued for damages. The case
went before a jury and Lord Melbourne was acquitted. Mrs.

Norton continued to be one of his favored correspondents to
the very end. Another episode was the difficulty about the
Ladies of the Household. The Government sustained defeat
over a Jamaica bill. Lord Melbourne advised the Queen to

send for the Duke of Wellington, who in turn advised her to
send for Sir Robert Peel. Sir Robert made it a sine qua non
of his acceptance that the ladies of the Household be changed.
The young Queen thought it hard enough to part with Melbourne. She refused to give her consent to any interference
with her female associates. The result was that Sir Robert
made no further effort to form a ministry and that Melbourne
and his friends resumed office. Melbourne's ministerial period
his period as chief of his party
was not fruitful in legisla-

—

—

The Reform bill had for the time, partially at least, satisfied the hunger for change, and the youth of the Queen made
radical legislation unadvisable. He made some good Church
appointments. One of these illustrates the man and his ways.
He had resolved to appoint Dr. Connop Thirl wall to the See of
St. Davids, and had asked Dr. Thirlwall to come and see him.
When Thirlwall arrived he was immediately received. He found
Melbourne in bed surrounded with letters and newspapers.
"Very glad to see you," he began. " Sit down, sit down
hope you have come to say you accept." Among other things
tion.

;

he rattled on, " I don't intend to make a heterodox bishop. I
dotft like heteredox bishops. As men, they may be very
good anywhere
but I think they have no business
of
of
folios
file
on the bench."
Pointing
a
to
the
Fathers, he said, " They are excellent reading,
and very amusing. Some time or other we must have a talk
about them. I take great interest in theological questions,
and I have read a good deal of those old fellows." Referring to
a book Thirlwall had sent him a translation of Sleiermachers's St. Luke, he said " Is there anything heterodox in
your book ?" He was assured to the contrary, and the appointment was made.
Dr. Dunckley, as we have said, has done his work welL
His book will take its place among the best of the small biographies which have recently appeared.
;

—

:

Col. Mabinus WruLErr, The
Daniel E. Wager. Utica

Hero or the Mohawk Tallbt. By
Herald Pdb. Co.

The people of the Mohawk Valley are

own

section of the coimtry.

Spite of

justly proud of their
its

peculiar climate.

THE CHRONICLK

264

[Vol. LU.

soldier were laid to rest amid the firing of
in the State or remains of the old
no more beautiful piece of territory
guns and the strains of martial music. Mr. Wager sums up
of the Continent. It has also
indeed in the whole eastern part
"He was an enthusiastic
the Colonel's merits as f oUows
tnal
of
heroic adventure
friend of
uncompromising
a history of its own-a history of
an
and
citizen
patriot, a worthy
of great men. With the
and endurance, of great deeds and
man."
of
rights
the
War
the
with
War,
colonization period, with the Revolutionary
the later movements which have
of 1812, and with many of
resources of this State and
tended to the development of the

there

is

:

history is intimately, even mof the nation at large, its
associated.
aeparably,
not forgetful
pleasing to find that the men of to-day are

[From our own correspondent.]

;

London, Saturday, January 31, 1891.
It is
given
have
which
events
The directors of the Bank of England on Thursday reduced
of the men of the past, or of the
In the their rate of discount from 3}^ per cent to 3 per cent. Two
State.
the
of
section
their
of
character to the history
the memory days previously the Bank of the Netherlands had lowered its
way of idendifying facts and of preserving alive
the Oneida rate from 4 per cent to 3>^ per cent, and it was hoped here
forgotten,
be
to
liable
otherwise
of great events
rendered good and that this would put a stop to the gold shipments to Amsterdam
Historical Society from the first has
have just received an which for some weeks past had been very large, exceeding in
effective service. From that source we
Daniel E. Wager, fact a million sterling.
The demand, however, still conimportant historical document, read by Mr.
Valley."
Mohawk
Bank probably felt that it was
the
of
the
"
Hero
of
the
directors
WiUett,
The
Marinus
tinues.
Col.
on
the
men
in
first
entirely lost control of the
very
having
the
of
rate,
one
the
useless to keep up
Col. Willett, although not
was prominent and outside market, where the rate of discount for full three
battie-fleld or the council chamber,
Although a native of Long Island, havmg months' bill is now only 1% per cent. Indeed three months'
efficient in both.
time treasury bills were taken on Tuesday at an average rate of
been bom on a farm near Jamaica, where he spent his
although
and
of
age;
years
eighteen
£1-9 per cent per annum.
about
UBtilbe was
was a resiThe fortnightly settlement on the Stock Exchange, which
in his later years and until his death he
Ufe-work
his
accomplished
he
City,
York
New
began on Monday morning and ended on Wednesday evening,
dent of
particucaused very little demand for loans, all the accommodation
in what was then regarded as the ^frontier, and
At the time he left his Quaker required having been obtained at an average of about SJ^ per
larly in the Mohawk Valley.
father's farm, what was called the French War was at its cent, and the trade demand is likewise very small, while since
height. Young Willett took part in the unsuccessful attack the Baring crisis the supply of bills in this market has been
made upon Fort Ticonderoga under General Abercrombie, greatly reduced. The competition of bankers and bill-brokers
and also in the more fortunate attack made upon Fort Fron- has consequently forced rates lower than at any great banking
tenac a

centre in Europe, and gold in consequence

little later.

is

,

i

'

i

\

:

I

I

'

i

;

i

|
'

i1

J
\
i|

,.

going in consid-

;

amounts not only to Holland, but also to Germany,
Brazil and other countries. On Wednesday, moreover, the
market was surprised by the shipment of £10,000 of the metal
to Buenos Ayres. As the foreign banks in the Argentine Reuntil he was in the Mohawk Valley, with which his name was public have been subjected to a tax of 2 per cent on their
ever after identified, and where he was to accomplish effici- deposits and another of 10 per cent on their profits, and as,
ently so much beneficent work— rough though it was. It is besides, foreign gold coin has been demonetized, nobody
not necessary that we should repeat here the story of the Revo- thought it possible that gold would be sent. Probably it was

the Revolutionary War broke out Willett was heart
and soul with the Colonists and against the mother country;
and having already adopted the soldier's life, he flung himself
into the struggle with fierce enthusiasm. It was not long

When

lutionary

War

in that region.

from the commencement
raised

to

the

rank

It

is

erable

sufficient to state that

who was early
was concerned in almovement, every encounter,
was
largely
due
to
his

to the close Willett,

of

Colonel,

[

|

j

j
.

]

,

:

a very exceptional transaction, however.
The price of silver recovered at the beginning of the week'
to 47J^d. per ounce, but fell aeain on Thursday to 473^d.<
There is very little demand for India and none for the Con-,

j

^

most every council, every
and that final victory
tinent, while the metal is coming from New York instead of»|
clear judgment, his decision of character, his ingenuity, going, as it recently did. The belief, too, is spreading that no
his restless and unwearied activity, his dash and daring, and silver bill will pass, and, consequently, that the price will go
to the confidence with which he inspired his men. AU this lower still, silver securities remain steady.
Mr. Wager tells with much minuteness of detail, but also in
At the Stock Exchange settlement this week stocks werej
language which is as spirited as it is clear. It is, however, a scarce generally. This was especially the case in the English'?
sad story. In Mr. Wager's pages, abundant evidence is fur- railway market, a rate to postpone delivery having to be paid'^
nished that, whatever the cause, we have been less successful in the case of most of the great railways. Investment demand j
in our management of the Indians in Republican than in Col- at iiresent is running almost entirely upon these stocks
the'
onial times. In the Mohawk Valley many of the Indians had public withdrawing from South American securities and ali
largely adopted the ways and habits of civilization
and from United States securities, while consols and colonial
blooming gardens with fruit trees richly laden in season, and bonds are thought too high, and international securities are'
yellow com fields, were features of the landscape. The war distrusted. There was also a scarcity of the bonds of several Eu
wasted alike fields and gardens, and the red men were broken ropean governments, but that is believed to be mainly duef
in spirit, and scattered.
to the magnitude of the speculation in Paris, where the greatj
The war ended, WUlett came to live in New York, of which operators are earring immense blocks of these securities upon
city his great-grandfather was the first English mayor. In borrowed money. In the American market the carrying over,
all city affairs he took a lively interest.
He was a true rates range from about 2}4 per cent to about S}4 per cent, the*
patriot and a genuine Republican.
He had no patience with account open for the rise being smaller than for many yeanf,
those who were in favor of a king; and he lived long enough past. The crisis of November has discouraged speculation, ^
to see our Republican institutions firmly established. In 1811, and the uncertainty respecting silver is also weighing upon the
*uch was the estimation in which he was held by his fellow market. Consequently there is less doing, if possible, than
Citizens, he was named for lieutenant-governor.
He was during the past six months. Some of the very good American
made rich after the standard of the times by gifts of land in bonds are being bought by intelligent investors, but even they
the region with which his name and his exploits had become are avoided by the ordinary investor. With regard to South
associated.
His home was in what is now the Thirteenth American securities, investors are holding aloof, and so are
ward of this city. The ground* extended frotn the East ordinary speculators. Nevertheless, the market does not very
Kiver to what is now Willet Street on the West, bounded much give way, because the
great houses interested, knowing j
by Delancey on the north and Broome on the south. It was that if they attempted to sell they would cause a completfti
;

;

,'

'

i

'

known

as "Willetl's Place," then far in the suburbs.
Lafayette visited this country in 1824 Willett and he
spent much time together.

When

On Sunday, August
ninetieth

birthday.

22,

1880,

twenty-two days after his

Colonel Willett's earthly career was
ended and on Tuesday, August 24. New York witne^^sed a
funeral such as it had never witnessed before. It was dark
before the procession reached Trinity Churchyard, where the
;

break, are holding the stocks.
The condition of South America is causing very serionB
apprehension. Even the most optimistic now admit that the
in the Argentine Republic and Uruguay is extremely
bad, and that a recovery cannot be expected for some time.
In Brazil the Government is pursuing a course very like that
which brought about the Argentine crash. Banks are being

crisis

j

\

j

started in too great

numbers

;

the right of issue has been

February U,

THE CHRONICLE.

18»1.]

265

Gold— DoM ooDtlnuea In ennil clrmnnd, chiefly for HoUoiuI, and of
doublwl in about a year and a-half guarantees to railwiiy
OOl.OOil tlinl liuH bttcii wIMiilniwn from tlin Dunk. £2.'i3,000 hoa be«n
compauieH have been given recltleasly and the Oovorninont, aent tu IlullamI, the bniaiiro liavinKclili'fly R»ii<> toHoutb Amerloa. Tb«
Bank has received £2it.00ii tliirlnif tlK' wfiok. Arrivals: Prom Nstak
to keep tlio army in good humor, has raised the pay, and JBlT.OOOj New York, iJ-'.00(l West Indlex.
£IH,0O0; total, £37,000.
SblpmeDtR:
To Hoiiibav. '.^iltli Jniainry, i(ft2,&<)0.
Chili
the
finances
otherwise added to tlie expenditure. In
Stiver- Infliienneil hy hiKlier AniiTlean ratea, iDdlan ezolianKM barare sound, but the political situation is very serious. limed at the coinmeni'einent of tlila week, and 47%d. waa reaollMti
then, with Ickm ileinand, the iirlce h«R again fallen, and to-dar
Hardly any information reaches London, but the little we cun Htnce
tTkid. 1h qiinicd. ArrlvajH: From West Indieii, £23,000. SbJomentac
get seems to show that the President is stronger than was ToBoMiliay. iloi.OOO.
Mexiinn Uollais— Those coin have aKaIn been dependent on allver,
supposed, and that a bitter struggle may be carried on for a and are toHlar 4(li4d. nearest. Arrivals: From New York, £12,000:
;

;

;

considerable time.
Disquieting news also comes

from Mexico. A period of
general disturbance, therefore, in South America and Central
America seems imminent, and that would be a very serious
matter for this country, as the amount of British money invested not only in Government bonds but in industrial securities in

those countries

is

enormous.

West IndlcH, *1«,000,
The quotations for bullion are reported as follows:
OOLD.
London Standard.

ILTIR.
Jon. 29.

Jan.

d

».

22.

London Standard.

J-on-e*. Jan.

d.

•.

Bar Kold. flne
oi.
Bar (told, ooutaln'g

77 10

77 10

20dwts.sllTer..oi.

77 11

77

d.

Bar silver
o«.
Bar silver, containing 6 gn. gold. .OS
os.
Cake sliver
Mexican dols
oi-

U

n.

d.

47«

17H

47«

48

81«
61«
At Leeds on Wednesday the Chancellor of the Exchequer Sparf. doubloons. OS.
S.Am.doubloons.oi.'
4a«
*«H
announced that he intends to authorize the Bank of England
The following shows the Imports of cereal produce into the
to issue one pound notes for the purpose of getting gold out of
United Kingdom during the first twenty-one weeks of th«
the circulation into the Bank, and so enabling the Bank to
season compared with previous seasons
deal promptly and effectually with internal panics without
:

having

to apply to foreign countries for assistance.
Part of
the gold obtained from circulation will be held by the Bank
to insure the exchangeability of the notes, and another pari

will be held either by the Bank or by the Treasury as a specia
reserve for emergencies— not to be used without the permis
sion of the Chancellor of the Exchequer. Mr. Gtoschen explained that he is entirely against inflation of the currency,

and that his plan will prevent that. The plan is not as yet
understood by the public, and its reception, therefore, cannot
be judged of; but probably when fully explained it will be
easily carried.

IMPORTS.
1890-91.
1889-90.
1888-89.
1887-88.
Wheat
CWt. 24,902,295 24,078,734 27,101,393 21,041,553
Barley
10,833,875
8,290.863 10,092.342
8,683,193
Oat».
6,0-25,630
5,615,869
7,453.4.i9
7,488,300
Peaa
855.620
736.716
910,878
1.524,754
Bean*
1,372,670
1,491,033
1,198,145
1,019,513
Indian corn
11,511,365 11,944,602
9,712,004
9,770,88»
riour
5,981,066
7,135,038
6,452,814
7,800,396
Supplies available for consumption (exclusive of Stocks on

September

1):

1890-91.

Total

The Scotch railway

strike has at last

been

settled, the

1889-90.

Import80fwheat.owt.24,902.S95
Imports of flour
5,981,066
Sales of home-grown 17,233,553

24,078.734
7,135,038
22,369,514

48,116,914

53,583,286

1890-91.

1889-90.

com-

1888-89.
27,101,393
6,452,814
15,155,803

1887-88.
21,041,553
7,800,396
17,990,533

48,710,010
1888-89.

46,832,482

English wheat, per qr.—
The men are to be taken Average
price, week
328. lid.
308. Id.
30s. Id.
back if room can be found for them, and their grievances are Average price, season.. 328. 2d.
30e. Od.
32s. 2d.
The following shows the quantities ot wheat,
to be considered but no real concession has actually been
promised. Had the strike lasted much longer it is probable maize afloat to the United Kingdom:
Thia week.
Last week.
1890.
that Parliament would have been compelled to interfere, as
Wheat
qrs. 1,640,000
1,671,000
1,759.500
the general feeling was that the companies had not been as Flour, equal to qrs. 352.000
347,000
295,000

1887-38.

panies gaining a partial victory.

;

Maize..

conciliatory as they ought to have been.

IntereU allowed
for depositt by

Open Market Ratee.
Trade BiUs.

Diic't

Joint
Stock

Three
Unir
Three
She
Four
Six
M(mth»\^fontht Montht\M<mtht\M<mtht\ Months Bank:
|

Wte.

At \TtoU
Day.

Call.

London.
BUver, per oz
Consols. new, 2% per

•'

1«

8«

4Vi®

W® -- »J«® -:8?*a -j3}<®4

l3K®4

i3>i®4

»

2X® -.««® -:s ®4 8 ®4 3 ®4
l«9 - IM® - « « -]8>*83« 2^«3M 2^®3^
iHe - 1?<® - W<® -;2Xa3 anas 2)^3
t

The Bank

3K-3«
3M-3H
2M-2«

2«
2

m

and open market rates at thg
now and for the previous three weeks

rate of discount

chief Continental cities

January

80.

January

January

23.

Bates 0/
Interest at

Bank

Open

Hate. Markei
Paris
Berlin

Frankfort

~h'

s«
II

4

4

4«

St. Peterstjurg.

4

2«
a»
SH
nom
4«
4M
4

Ban* Open Bank Open
BaU. Markei Bate. Market
~~S

2«

m

Bmiaels
Madrid

Copeohaeen....

Open

Bate. Market
8

3
4
4
4

Amsterdam ....

Vienna.

Bank

8>e

4

3M
!«

4X

4

4

4M

5*4

iH
4K

4

4

4

3

8

SH
SH
*H

6H
6«
B«
4«

3«
3«
SH

3

m

nom.

4

4 nom.

4

4«
6^
4«

m

4
4

8

4K

January 9.

16.

3
4

Jan. 28.

£
Circulation

23.994.685
Pobllcdeposlts
7.642,305
Other deposits
30.769.030
OoTernment secnrlttw
9.463.543
Other securities
39.636.206
Ke»«'Te
17,698.781
Coin and bullion
25.143,379
Prop, assets to liabilities. per ct.
45 9-16
Bank rate
perct. 3 (Jan. 29)

973-10

Clearlns-Honse returns

Messrs. PLxley

&

105%

1891

1221a
75 13
Chic. Mil. &St. Paul.... 5678
minole Central
102
Lake Shore
115=8
Louisville* Nashville.. 7738
Mexican Central 4s
76

Central* Hudson. 106
Lake Erie & West'n 20%
do
2d cons
103M

N. Y.
N. Y.

Norfolk

& Western, pref

Northern J'acUlc, pref.
Pennsylvania
Philadelphia & Reading.
Union Pacific
Wabash, pref

144.891,000

1889.

Jan.

29.

£

Jan. 30.

1888.

Feb.

1.

8agle»
Half eagles

Three dollars
Suarter eagles
oUara
Total gold

6.396,171
24,797,271

5,268,289
26.171,045
16.636,837
18.978,771

Half dollars
Soarter doUara.
Imea

13,947,7.')

21,616,762

21.418..511

43H

46«

6
97 7-16

3 (Jan. 31)

124.091,000

159,5a3.0«0

9e«

45«
3

—
162,616,000

103 14

5714
7479
5278

5658
7458
5278

17
47 oe

17
47 Jg

19>2

19»9

78ifl

75%
106

57%

1021a
11614
781a
7618

56%

57
xlOO

100

II514
7778
7579

II414
761a

75 3»
105

105%

106

2078
1031a
5678
751a

2078

2058

2014

103 14
57 1^

103 >2

103%

7514

56'9
741a

53

53

53

1718
4758
19 13

1678
46''e

167e
4618
19 1«

I913

56%
73%
52%
16%

45%

19i«

Total aU-rer.....

Five eenta
Three oenta
One cent

Talut.

125.000
10,000
24,000

2,500,000
100,000
120,000

159,000

2,720,000

.

7.666.298

20.730.306

20%

7618
5758
1021a
1161a

S

Doable eagles...

Standard dollars

14.561.197

77%
75%
106

95 60
105 14
I22I2

973,«

January.

£

20,324,803
14,545,987

IO514
I22I3
7538
5638
101 13
11558

46I4
46
97%
973is
97%
97-'i«
97»,R
95-65 95-72ia 95-75
IO514 xl04ie 104%
I2213 122 >a
1221a
76I4.
761a
761a

46 14

Piecet.

23.670.76

13,401.666

95-6()

461a
9714
973e

Denomination,

£

Abell write as follows:

370,500

—

23.270.775

14.623.280
21.069.621

1889.
2,115,560
200,000
312,000

OoiNAOE BY United States Mints. The following statement, kindly furnished us by the Director of the Mint, shows
the coinage at the Mints of the United States during the month
of January, 1891.

23,526,480
23.237.157

and

®ommct;ciaI mul 31tXlsccUaucous Ulewrs

4M

:

J891.

Consols

0f

U.S. 48 of 1907
Canadian Paciflc

4?*

The following return shows the position of the Bank oi
England, the Bank rate of discount, the price of consols, Ac.
compared with the last three years

Mon.
46Js
975i8
97',„

cts.

.

have been as follows:

Sat.

d 4658

9738
do for account
971s
Fr'ch rentes tin Parisjfr. 95-75
TJ. 8. 4ii!8

4H® -|4Ka5 |4M®5 !4H®5
3H9 - SH® -SH» -|4«®4Hi4M®4« 4«®*«

4H3I

414,000

flour

Enslish Financial inarketa— Per Cable.
The daily closing quotations for securities, &c., at London,
are reported by cable as follows for the week ending Feb. 13:

The wheat market remains quiet.
The rates for money have been as follows:

Dec. 24
Jan. 3
9

332,000

qrs.

30s. lOd.
30s. Id.

,

Total mtaior

Total coinage.-.

3,585,000
4.800
88,OUO
445.362

3,585,00

4,123,162

3,658,938

2,400
22,000
44,536

1,876,000

93^00

4,l'66',6'o6

4i',do6

5,976.000

134,800

10,258,162

6.508,736.

IHE CHRONICLE.

266

have
National Banks.—The foUowing national banks
recently been organized
Capital,
4,612-The Columbus National Bank of NewYorlc,N.T.Cashier.

Wm.F.

$200,000.

Foster, President; A. G.Gllek.

Caiiltal, *,30,ooo.
A.513—The Jferchants' National Bank of Bangor, Pa.
John B;:zzar(l, President Andrew Eyer, Cashier.
„^.^.
Capital,
Ore^Kon.
*.B14—The United States National Bank of Portland, MUler, Cashier.
*•
:

Bon

McCleary, President; F. C.
4.515-The Weldon National Bank of Ladoma, Te^aa.
*2i0.000,

Id

Capital, *b0,-

W.E.Weldon.Ciishier
000. C.W.T.Wcldon, President:
the United states
Note—The National Banking Association, known as
in
the «>ty "' Cmcago on
3,677,
No.
III..
Chicago,
NaUonal Bank of
Bank of ChiNational
Jan! 28, 1891, changed Its title to the Columbia
cago.
The imports of
Exports for thk

Week.—
Imports and
week, compared with those of the precedmg week, show
an increase in dry goods and a decrease in general merchanThe total imports were $7,301,779, against $10,600,6o0
dise.
the preceding week and $10,088,863 two weeks previous. The
exports for the week ended Feb. 10 amounted to §6,438,781
against 56,570,830 last week and $6,043,774 two weeks previous.
The following are the imports at New York for the week
ending (for dry goods) Feb. 5 and for the week ending (for
last

general merchandise) Feb. 6 also totals since the beginning
of the first week in January,
FOBEION IMPOKTS AT NEW TOKK.
;

Dry Goods
Qen'l mer'disc.

$3,639,328
5,905,797

$3,595,946
6,817,934

$9,545,123

$10,413,880

$9,561,102

$7,301,779

Oen'l mer'dise

$19,580,106
40,890,318

$20,461,881
35,686,658

$16,969,670
39,581,463

Total 6 weeks..

$55,825,973

$60,470,424 $56,148,539

$5R,551,133

I.

In our report of the dry goods trade will be found the
imports of dry goods for one week later.
The following is a statement of the exports (exclusive of

from the port of New York to foreign ports
week ending Feb. lO and from January 1 to date
KXPOBT8 FROM MBW TOBK FOR THE WEEK.

specie)

1889.

1888.

1890.

125,815
45,841
Boston
6,723
MontreaL
Philadelphia.. 14.915
54,540
Baltimore
5,100
Blohmond ....
Uew Orleans.. 13,802

for the

Prev. reported.

Totaia weeks..

$5,976,718
34,835,706

$8,109,408
29,706,286

Bzporti

from—

Hew York
Boston...
Portland.
Montreal.

Com,

Bunh.
41.551
21,183
63,830

Bush.
106,097
17,803

PhUadel

21,429
21,465
6,000

Baltlm're

180,458

B'me time
1890...

In store at—

NewYork
Do aUoat....
Alhany ....

Do

afloat

Chicago

Do

afloat

Milwaukee
Doluth

Louts

Ctaolnnatl

Boston
Toronto
Montreal
Philadelphia

Exports.

Imports.

SineeJan.l.

Great Britain
France

$13,327

$63,979

112,700

345,970

49,978

1,975
287,449

Week.

Since Jan. 1

Germany
West Indies
Mexico
South America
All ether countries.

Total 1891.
Total 1890.
Total 1889.

$170,005
3,030
351,500

$699,373
201,512
1,346.625

Exports.
Silver.

Week.

Great Brittiin
France

Germany
West Indies
Mexico
South America

AU

Since Jan.

1.

$118,000 $1,607,000
3,000
191,000
12,150

other countries.
Total 1891
Total 1890.
Total 1889.

2,228
1,500

31,443
20,000
2,228
1,500

$136,878
318,910
125,985

$1,853,171
2,991,560
1,013,325

Mississippi
canal & river.

On

Gold.

$5,000

$194,660
418,070
3,084

36,649

16,962
150,145

$41,619
70,818
179,656

$782,021
924.557
689,046

28,009
8,697

191,314
141,970

238,585

Tot.
Tot.
Tot.
Tot.
Tot.

bush,
1,251.679
40,000

......

Buffalo

On

NEW TORE.

Flour.
Bbls.

54,182
27,550
2,239

Oatt.

Bush.
4,486

Bye.

Bush.
8,174

Feeu.

Bush.
5,427
32,760
17,680

38,248

409

153.516

4,486

8,174

55,867

188.640

141,674

7,605

44.103

grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by water, Feb. 7, 1891
Oats,
Barlei,
Com,
Bye,
Wheat,

Minneapolis

Week.

103.070
12,615

463.548 3,211,149

1

EXFOBTB AND IMPORTS OF SPECIE AT

6,098

The visible supply of

The following table shows the exports and imports of specie Peoria.
At the port of New York for the week ending Feb. 7 and since [ndlanapoUs
Kansas City
Jan. 1, 1891, and for the corresponding periods in 1890 and Baltimore
1889:

hush

1,800
2,200

30,888

Oswego

$40,812,42 4 $38,463,207 $39,119 ,925

$35,815,694

Wheat.

Detroit

$6,433,781
32,686,144

750
95,599
85.633
36.604
6,045

bHsti.

277.000 180.700
87.89)
2,9 }.i
21 326 19,396
48.599
23.218
25,4i8
59,655

week. 266.739 380,051 470.251 513,151208.031 10,096
week '90. 262,213 257,299 3,610,862 1,162,243 166,860 23,434
The exports from the several seaboard ports for the week
Sndine Feb. 7, 1891. are shown in the annexed statement:

Toledo
1891.

$5,708,733
32,754,474

hnifi.

178,100
67,520

Total

at.

For the week..

151,200
36,686
74,142
7,806
20,601
12,236
77,360

the

Oor.

Tot. week.

$19,170,075
36,655,898

Total

SuiceJan.

Dry Goods

bn^h.

buaK.

bbtt.

.it—

Hew York

Bf.News..
Bioluu'd

$2,720,165
4,581,614

$3,895,076
5,666,026

flour and gram at the seaboard ports for
7, 1891, follow:
Oats,
Barley,
Oarn,
WKeat,
Flour,

The receipts of
week ended Feb.

N. Orl'nB.

1891.

1890.

1889.

1888.

For Week.

[Vol. L^I.

930,253
133,000
6,511,518
166.110
597,311
3,680,649
801,29J
152,062
55,000
1,380.228
8.000
113,404
121,108
346,637
125,684
20,510
155,271
232,667
400,348
6,128,238
7,800

bush.

bush.

272,405

bush.

bush.

5,944
8,000
17,600
33,795

233,758
171,600
22,500
851,950

139,736

237,676

935

53,172

318,454

i'uhoh
21,442

19,703
4,257

389.154 1,235,463
8,300
56,r00
37,200
176,612 188,334
4'i5l965

68,585

171
140,938
14.868
80,000
583.651
3,000
113,815
'ii',550

80,046
240,745
119,288
3<,715
151,550
591
109,422
24,900

3,573

26,810

287,984
285,000
100,939
172.000
46,588
93,983
38,394

31,'!23

46,010

....

244.830
561000
143,235
185,536
113,915
169.766
10,503
91,813
131.485
2.000
27.470
30,200

...

681
7,737

3H5
957
24,279
1,363

108,200

Feb. 7, '91. 23.353,770 2,591.9513,218,192 373,709 3,050,002
Jan. 31, "91. 23.799,247 2.642.243 3.524,366 401.812 3,144,068
Feb 8, '90. 30,755,758 13,036.417 5,493.034 1,460,000 1,75 1,701
Feb. 9, '89. 34,190.376 14.035.103 8,079,829 1,697.916 2,236,805
F«b. 11, '83. 40,2W7,617 8.339,156 5,181.537 361,283 2.803.169

Minneapolis
cation of this
the listing of

St. Paul & Sault Ste. Marie.—The applicompany to the N. Y. Stock Exchange for

its first mortgage bonds contained the following
First consolidated
interest guaranteed four per
cent fifty-year gold bonds, Nos. 1 to 6,710 inclusive, say
$6,710,000, being part of an issue of $31,000,000 secured by
indenture of trust entered into with the Central Trust ComImports.
pany of New York under date of June 18, 1888. Of these
Week.
SineeJan.l. $31,000,000 first consolidated mortgage bonds, $10,000,000 are
reserved to take up a like amount of Minneapolis Sault Ste.
Marie & Atlantic Railway Company first mortgage five per
$20,439 cent forty-year gold bonds, Nos. 1 to 10,000 already listed
5,395
28.356 (now reduced to four per
cent, and so stamped), and $4,390,000
400
98,475
8,749
71,953 are reserved to take up a like amount of Minneapolis & Pacific
7,995
90,01*6 Railway Company first mortgage five per cent bonds, Nos. 1
to 4,290 inclusive, already listed. The proceeds of the re$22,539
$304,319
:

maining

$6,710,fi00 have been, or will be, expended in liquidating floating debt, increasing efjuipment, providing terminal
facilities, and generally improving the condition of the prop-

The movement of breadsculfs to market is indicated in the erty.
^atement below, prepared by us from the figures of the Ne\\
Pursuant to articles of Tagreement between the Canadian
Produce Exchange. We first give the receipts at West
Pacific Railway Company and the Minneapolis St. Paul &
•m I'lake and river ports, arranged so as to present the
com Sault Ste. Marie Railway Company, dated Mav 27, 1890, the
WratiTe movement for the week ending Feb. 7 1891 and Canadian Pacific
Railway Company guarantees the interest
ainoe Aunoat t, for each of the last three years:
onall the said consolidated bonds(and on such of said two issues
of first mortgage bonds as have been or may be presented to
Bteeipti at—
Flour.
WhuU.
Corn.
Oatt.
Barlty.
be stamped with such indorsement duly signed) at the reduced
By.
BbU.lmibB BtuVOOIif ButhMlbi ButlkJSilh. Bvuh-iHl'
rate of four per cent per annum, at the times and in the manBu.5A|h
Oklowo
MUmoJiM..,

87.600

IDS 887

8331S

se.eoo

687,242
6,220

777,080

210.608

41156

48,000

79.830

15,185

55.914
17.874

887
30.305
68,400

1,200

Onlntli

HlnnaapolU,
Toledo
Detroit..

Otareland.

.

.

487
S.198

..

8i.LoUi

PaorU

21.UH)
8,»00

:

841,885
11.536
63.044
61.600
162.699

38,464
326.823

20.600'

20,120
10,400
78.00'J

227,000

157.000
149,000

33.0

3,300
1,650

Tot.wfc'Sl,

"215.296

ura wk.'80.

1.441074 \-r:
i.ssriii

1,230.662

lM,a2S

4e6.12-

1.086.H12'

61.2111

8.608.2(15

8WB* wk.tlS.

1,416,2.'8

591.864

13il,!27

833,»l>9,

90,37

8,241,140

1,247,585

C32.027

44.318

72.745 817] 50.224.312
85314.471 87,895 031
64 936.801^ 67.89^.707

53.282.617

23.806 331
18.116.603
19.739 <<95

4,169 215
3.884.110

18M.9I
UBV-90

6.171.601

6.668 181
6,314 567

ner stated in the bonds.
The form of guarantee stamped on the first mortgage and
consolidated mortgage bonds is as follows
Received The Canadian Pacific Railway Co. hereby
J^'J^^tJ''^,^
guarantees
the punctual payment of the interest on the within bond
at the rate of four per cent per annum at the times and in the manner

48.613.000
40.121.121

*

2 829 216

therein stated. In witness whereof, the said company has caused this
duly subscribed by its Secretary or Deputy Secretary
£!i™1„ »*l " "®
" resolution ol Us board of directors duly passed on June

12 1890

"The Canadian PAcrpic Eailwat Co., by
Secretary."
Statement of earnings, expenses and fixed charges for year
ending December 31,1890, Becember figures approximated:
Gross earnings. $1,995,837; operating e.xpenses, $1,339,460

net earnings, $656,377 fixed charges, etc., |l, 067,402.
The company has no fioating debt, and the physical condition of the property is excellent.
;

f

.

I'BBRUAKY

THE CHRONICLR

14, 1891.J

%usnvKntt,
Connecticut IMntiial

InAuranco Company

LITe

municipal and railroa<l bonds stands at a cotit of $11, LW,Their high character is evidenced by their slight
shrinkage in value during the financial stringency of the past
year, wbich materially affected the average price of bonds.
464 61.

—Forty-

fAc Members: The year 1890 completed forty-fivo years of service by tiiis company to its constituency.
great that service lias been and how great
a one is still in progress may be seen from this summary
$l(M,258,94fi 77
In 45 yeara, received preinluiDH
Interest and reut«
01,521.255 27
Biilauve pi-otlt and loas
967,120 48
$229,747,324 02
Vald death elainis and endowments. ^7.254,373 88
HiimMulcied policies
20,038.284 42
JJlvideud.s
48,642,732 50
flftli

2»7

REAL E8TATK

Annual Report.— 7'o

How

:

I/)AN8.

During the year loans to the amount of $1,891,623 89 hare
been paid, and loans have been made amounting to $7.C6is,765

m.

This class of loans

now

amount:! to $35,674,545 58.

MORTALITY.
The general death rate of 1890 was considerably increased
by the prevalence of winter epidemics, and we did not wholly
escape their effects. But our mortality has been well within
the expectation, giving us a saving on tabular cost of about
$440,000.

Total paid

to pollcv-holders
boueflclarles
Expenses of munngement

and

seems proper to point out to our members that in respect
we are pursuing what is fast becoming,
by comparison, a very conservative course, and one which will
Taxes
172,458,230 48 give them an increasing relative advantage in the cost of their
insurance. We spare no pains to secure the most competent
Balance net or ledger assets
$57,289,094 04
medical examiners, who are wholly in our interest and in the
Adding for accrue<l interest, market values of bonds above closest confidential relations. Our standard of selection is
cost, deferred premiums, &c., $1.4'58,613 40, the gross assets high, and rigidly maintained. Our ambition for great quantity
December 31. 1890. were $38,747,707 44, protecting 64,147 poli- is not such as to lead us to cover the globe with our agencies,
cies for $153,234,743, with a present liability of 153,175,707 25 thus exposing ourselves to a loss hazard not always well
known, leaving the selection of foreign risks to be made withand a surplus of $5,572,000 19.
The sum of payments already made to policy holders and out the possibility of effective control, and necessitating the
beneficiaries and of the gross assets held to protect existing permanent deposit with foreign governments of a great and
policies exceeds the total premiums received by $40,324,149 47. growing proportion of the assets held for common protection.
This work has been done at a ratio of expense of manage- We believe that these things must unfavorably affect the cost
ment to income of 8'51 per cent an economy unequaled in of insurance in the long run. and that the administrative duties
imposed by the principle of mutuality are best discharged by
this coimtry.
a restriction of the business to our country, where the hazard
THE YEAR 1890
has had its full share of service and prosperity, and witnesses is thoroughly known, where we can fully control selection of
a continuing growth in numbers, in amount at risk, in assets risks and retain complete and unembarrassed control of the
resources with which we must meet our contracts.
and in surplus, at a decreased ratio of expense.
During the year the company received
EXPENSES.
Forpremliims
The ratio of expenses of managemant to income for 1890
$4,416.575 33
For Interest and rents
3.029
3,029,055
49
was 9-37 per cent, as against 9-98 in 1889; a reduction of over
Balance proUt and loss
369,410 61
six-tenths of 1 per cent from a ratio which was lovver than
Total Income.
$7,515,041 43 that of any other company and not one-half that of our greatIt

$145.8.35,390 80
10,506,916 60
7,055,923 08

of the death hazard

—

:

est competitors.

During the year

paid out
For claims by death and matured
endowments
it

$4,224,503 65
1,147,381 79
461,706 90

Surplus returned to policy holder.*..

Lapsed and surrendered policies

Total paid policy holders
to agents, salaries, medical examiners' fees, printing, advertisin)?, legal, real estate
and all other expenses of mauagement

Commissions

Taxes

Total disbursements.

me

$5,833,592 34

733,610 05
292,586 21
$6,858,788 63

Leaving a balance of §956,253 80 to be carried to the increase
of net or ledger assets.

INVESTMENT OPERATIONS INTEREST AND RENTS.
:

The

interest income shows a natural increase over the previous year. The rents have dimmished in volume, though
not in percentage, by reason of the continued sale of real
estate, the funds from which pass into interest- bearing securities, which , during the year of sale and re-investment, aflfect the
item of accrued interest more than that of interest received.
It is a satisfaction to us to learn that another companyone of the largest in New England— is seriously considering
the reduction of the rate of interest assumed in its calculations from 4 per cent to 3 per cent, thus practically indorsing
the like action of this csmpany in 1883, in which we have
hitherto stood alone. Each year's experience increases our
satisfaction at having taken so important a step at so early a
date, and before its necessity exerts an actual pressure on existmg contracts.

PROFIT AND LOSS.
During 1800 the company completed sales of three pieces of
real estate at a loss of $5,729 20 on its cost, and of
forty-one
pieces at a profit of $397,147 17 over cost, a net gain of
5291,417 97. From the sale and exchange of securities and
from sundry sources

it

makmg a total profit of

made a

further profit of $77,993 64,

$369,4 10 61

REAL ESTATE.
*''® y'^'*^ ^^^ ^^ ™'*''6 completed sales of properties
H"i'''T
»rr ,. " '^°?* "^ "°'^er foreclosure $1,041,187 77 for $1,332,OOo 74, a gam over cost of $291,417 97.
In the aggregate the company has sold
of such foreclosed
2* jarious times, an amount which has cost
^''cr.pV ^oSIJn^^,^'*
^^ for $10,469,798 54, a gain over cost of $1,307,in-^«'i^^'^??
SO.)
This statement includes all sales, whether closing
63.
out
properties or not
but no profit is credited until the entire
property taken in any case has been sold, or
enough of it sold
to cover the cost of the whole, in which
case subsequent sales
are credited to profit. In several instances
enough of the
property has been sold to pay the cost and
the remainder
stands at nothing on our books and makes
no figure in our income or assets until actually sold.
The cost of present holdings of real estate,
including the
Company's office building, is $7,663,865 54.
41

;

We

Economy is a modest quality. It does not dazzle the imagination with the glitter of its effects. It quietly nourishes its
charge into great fruitfulaess; but it is suggestive of restrained and calculated effort rather than of that unbounded
ambition which grasps so widely as to compal the
of all
possible means regardless of their cost. Magnitude of operations and boldness of enterprise are to-day chief attractions
constantly dwelt upon by most of the great companies to win
the applause of an enterprising public, regardless of their unprecedented and enormous expense. The sober way is for the
moment discredited with the majority for its want of brilliancy.
But the truth never changes to suit our mools or ambitions.
Security being assured, the thing of chief importance
to the policy-holder is the individual yearly cost of his policy.
He is the man that pays the expenses. His premiums pay the
losses and expenses, and furnish the invested assets that earn
the interest. No one else is doing it for him. Many of the
companies that a few years ago took only $10 to $15 for expenses out of every $100 of premiums and interest are to-day
taking from $30 to |35— all for the race for magnitude. That
extra $10 or $15 for expenses out of every $100 comes also out
of the policy holder. What is magnitude to him that he
should So dearly pay for it? It maikes his policy no more
secure; it does not otherwise lessen its cost one dollar.
And to whom does the management of a mutual company
owe a duty that should control all its methods if not to those
who already and solely compose it its present policy holders ?
have been and still are held up to cliscredit by the
Racers, because at one time we allowed our business to shrink
in volume rather than incur such an increase in expense and
use such adventurous methods as atone would then have
allowed it to grow; and because, since it began again to grow
without increase of cost or change of method, we have cared
more to keep down its cost than for rapid growth. What is
rapid growth worth to a mutual company of 64,000 policyholders for $153,000,000 that they should pay an extra and
heavy cost for it ?
are giving insurance to our present members at the
lowest cost attainable to-day lower on the average and
as to the whole body than any other company; we are
taking on new business on terms which make it profitable to
present policy-holders; we are taking it on faster than the old
is going off; humanly speaking, the perpetuity of the company
at its present rate of prosperous increase is secure.
count
all that the only true and enduring success in management,
and a review of our yearly operations shows it to be one of
no mean proportions.

BONDS.

have sold or have had matured and paid during the
year bonds costing ^814,902 50, and have
purchased bonds
costing $i)9o,144 75. Our aggregate
holding of Government,

—

We

We

—

We

EFFECT ON AGENTS.

By

far the largest item of the expense account, the thing in
it which costs the policy holder most, is the compensation to
agents, who are engaged in the business as a means of livelihood and to whom, therefore, every increase in commissions
by a rival company is a powerful incentive to change their
connection and a source of discontent if they do not so change.
The companv which pays the highest coiiimission will draw
to it at last all the agents who care only for the commission
and nothing for what becomes of their customer afterwards.
It will get most of the new men entering upon agency work,

THE CHRONICLR

268

not yet learned that the higher their own pay
dividends to their policy holders and the less permanently desirable the company.
have seen our rivals advancing commissions and allowances of everv sort from two to three times more than we
could pay, without cutting our dividends and devising plans
for postponing all dividends from ten to twenty years, and a
speculative system of forfeitures to cover up expenses and
Bupply profits, and so taking away many agents and keeping

«nd who have
the

less the

We

sway many more

would have come

that

We have not an efficient

to us.

who has not been tempted
and who has not staid with us at a
They have preferred

remain

to

because they have shared in our conviction that this should
be a policyholder's company, and have not been willing for
a price to offer the public that which they could not themselves believe in, at a cost which they knew could not be justified.
Against the temptation of speculations, rebates and
every extravagance of competition they have made a hard,
slow fight. It is now a winning fight, and they deserve the
respect of our membership and its cordial co-operation in the
greater opportunity which lies before them.
We desire to extend to all who need them the same benefits
upon the same terms which, through forty-five years, have
made this company a conspicuous exponent of the singular
value to American homes of pure life insurance. Our ability
to serve was never so great, our ground never before so certain.
We ask every member to use actively his infiuence
with those whose families need protection, to the end that we
may widen our usefulness, not only without increase of cost in
so doing, but in a way which shall tend to benefit present
policy holders as well as new-comers.

THE CALL FOR EEF0KM8.
Apropos of these matters,

it is of the highest interest to note
of the severest critics of our conservative course
and most strenuous workers for a great volume of new business are now trying to secure concerted action to reform the
methods by which they have worked their results. The significance of this is far-reaching. Unfortunately for the success of
«ich a purpose, they abate none of the ambitions which led to
the vicious methods and which compel their use until a more
flonservative standard of success shall be accepted.
Meantime, it is a profound satisfaction to know that thus
ever^ step in reform must lead back to the ground we have
persistently held and hold to-day without need of change.

that

—

The attention of readers of the Cheonicle in the North
and South, as well as in England, is directed to the card of the
Security Mortgage & Trust Company of Dallas, Texas. It has
a paid up capital of $500,000 and assets footing up $3,099,911,
including $1,573,737 of real estate mortgages deposited with
well-known trust companies as security for its own debentures
issued to investors.
These debentures, which are its chief

amount to $1,434,388. In addition to its business out
of the State of Texas, the company will soon be equipped for a
local business as a trust company, as it is now preparing to put up a fine office building, which is expected to be
one of the best in the State. Mr. J. T. Trezevant is the
President, Mr. J. T. Dargan is Vice-President, and its Auditors
in New York are Messrs. Barrow, Wade, Guthrie
Co.
liability,

handsome

agent

to leave us for higher pay,
sacrifice for the time being.

[Voiu LII.

some

STANDING OF THE COMPANY.

&

—

Attention is called to the thirty-first annual statement of
the Home Life Insurance Company in our columns to-day.
This statement shows assets of over seven millions of dol lars,
and a surplus of $1,513,680 73.
The bonds and stocks owned
by the company are also set forth in this showing, a good
plan, enabling policy holders to see where their funds have
been carefully invested, and to judge for themselves of the
safety of the securities. The officers managing the company's
affairs are well known in insurance and business circles as
both competent and energetic, and under the present management of the Home those who are insured in it may expect to
have their interests looked after as well in the f uiure as they
have been in the past.

—

Among the handsomest calendars of the year is the one
sent out by the cast steel works of Freid. Krupp, Essen, Germany represented in this country by Messrs. Thos. Prosser
Co. of this city. This firm, it will be remembered, make
steel forgingB of all kinds, also locomotives and cars; and
parties desiring these should communicate with them.

—

&

». Y. and Brooklyn Gas Securities— Brokers' Quotations.

GAS COMPANIES.

|

Ask.

GAS COMPANIES.

I

,

ABk

Bid.
I

117

119
US
103

100

Metropolitan—
-Bonds
Mutual (N. y.)
Bonds, 6s.
Vassan (Brooklyn).

People's (Brooklyul

&0
iWllIiamsbnrg
130
l|
Bonds, 68.."
108
flS"!! MetropoUtan(Brooklyn).. 100
Mauictpal — Bonds, 7s..
115
Fulton Municipal
130
120
Bonds, 6s..
100
102
altable...
117
>onds, 6a
106

Consolidated Gas..
98
Jersey City <fc Hobokeu.. 170

110
116
100
135
100

Scrip

On

Bid.

I

Brooklyn Gas-Light.
OlUsens' Gas-Llgnt -.
Bonds, 58

,

I

lOS

132
10»
120
108

'

the 81st of December, 1890, this company had in force
«4,147 policies, insuring $153,234,742. Its gross assets on that

United States Sab-Treasury.— The following table shows
$58,747,707 44. Its liabilities were $53,175,707 25. the receipts and payments at the Sub-Treasury in this city, as
Ite surplus was $5,572,000 1», an increase during the year
of well as the balances in the same, for each day of the week.
9*vl,823 Do.
An examination of the schedule of assets and their income
Balance!.
Beeeipli.
Date.
PaymenU.
leaves nothing to be said for their high character.
Coin.
Ooin Cert't. Ourreney,
The liabilities are computed upon a higher standard of solvency than that used by anv other company or by any of the
Feb,
2,069,083
2,050,257 151,374,123
6,253,345
6,904,932
State Departments. They calculate upon a basis which
as3,869,894
3,515,348 151,655,477
6,320,281
6,911,189
sumes the earning of 4 per cent annual interest. Our busi2,8U..591
2,527,089 151,748,951
6,545,481
6,880,017
ness up to 1882 was written upon the same assumption.
3.537.403
3.242,747| 151,779,966
6,810,668
6.878,471
That
2,785.072
2.499,549 151,814.264
6,7S9,937
7,150,427
wntten smce 1882 is upon the assumption of only 3 per cent
4,825,687
3,193,128 151,804,096
8,409,750
7,173,341
mter^t. Our liabilities are computed accordingly, and
are
therefore much higher than if computed on the
19.901,736 1.5,028,1181
assumption Total
of 4 per cent throuKhout; in which case our surplus
would be
Auction Sales. The following were recently sold at auction
considerably over $6,000,000. There is no stock to
own or by Messrs. Adrian H.
Muller
control the surplus.
Son

day were

—

&

A mutual life

insurance company is a co-operative effort bv
Its members to secure for their families
the necessary financial protection against the loss of the
husband and father The
essential elemenU of its success are security,
equity, loyalty
to true purpose, prudence and economy. Its
is a maximum of family protection at a minimum ofsuccess
cost.
By these
things we stand to be judged. By them «11
must, sooner or
later, be tested.
Respectfully submitted,
JACOB L. GREENE, President

--MMBre

P(>or

& Greenough

invite Bubscriptions for $360

«)0(part of $460,000) New fork & New England
per cent gold equipment bonds at the price
of 101

RR (t

flat.

V„°,^i

fi

'

Thesp

^y »•»« direct obligation of the New
^^- Co., and, second,

^?'M^"J^{
^"'^'*«°*'

^r

bytheconveT
S^P
ance ?f
of the specific equipment, costing
$485,000 to the aU
Colony Trust Co. of Boston. The milelgl
eaSg; of the e
particular cars are kept separately
and p^id over e^h month
by the railroad company to the trust
company; and as these
earnings amount to more than the
interest on the bonds t^
proviaion forms a valuable element
of additional security
A
"'? P"°cipalof the bonds i^ paid off
Zl^.uJ"T\H°^°^'"'"''
"'"'P'"^'"* '«-'''- pledgKtU
Ill"a'a7e"r:tir'e^.

100 Florida Central

KR. 2dprct

&

fully to the popula^tasle

is

isu

of N.

'^B^^^^
Khat

the company wrote over
$160,000,000 of

new

fnTsOO

insiVrance.

48

1 Alliance Ins. A88ocla'n.$800
Nat. Bk. of Bqjioalt of N.Y. 1 15
30 H.B. Claflin Co. common. 107
10 Bk. of North America
175'ii

155

200
40 Htat* Trust Co
60 The EnglUhEuam'l Paint
125 Thurber,Whyl'dCo,coir.lO0
Co
25
100 Thurher, Whyland Co. pf.
5 Central Trust Co
1,255
IO2-IO314
8p. c
175 Brooklyn City ER
ISO's
Bonds, rfc.
10 3d Avenue RR
286
$500 Citizens' Ins. Co. 7 p. c.
70 8th Avenue BR
200-200><>
"
reserve fund
78
1 Clinton Hall Association 60
$2,000 Chlc^iKO St. L. A Pitts.
Union
125
Ferry Co
38ifl-38i4
RK. Ist M. consol. 5s
99
200 3d Nat'l Bk.(oldstock). 60-65
$15,000 Amer. EoUiutt Stock
100 Amer. Loan & Trust Co
86
Co. 5s, CarTr. certifs, "W" 42
5 Importers' &
Traders'
$12,000 Chicago & Eric RK.
Nat'l Bk
557
Co. non-cum. 58, income
28
1 00 Kansas C'y& Omaha EB
514 $9,500Wa8h.&QeorKet'n KR.
Jefferson
66
Ins. Co
71
6s, 10-40. 1929,conv.l48>a-150
21 N.Y. Nat'l Exchange Bk 137
91 Com'l Mut. Ins. scrip, '74
60 N. Y. Concert Co. (limlt'd) 16
to'78
691a
The following were sold by Messrs. R. V. Harnett & Co.:
.

Sharet.

10 Lawyers' Title

SJiares

Ins. Co. ..159

inSi
4„„ T So'V.'*''-,--^**^
50
.% Avenue
RR. Co. .287-2S7ia

3 Chemical Nat'l Bk. ... 4,750
58 Central Nat'l Bk....
134
90 Nat'l Broadway Bk.... '^87%
600 Ohio Centra. RR
$410

50Nat'lBkof Commerce. ..194>4
50Amer.Nat.Bk.ofK.Clty. 25
10 Real Est. Exch.

Room

.

120

$10,000 Aberdeen. Miss.... $100
15 Iowa Pac. RR. Ist 78.. $51
.

aiia Iflttajictal.

Trask

Vn. !«-„.• Vo ~ BANKERS.
Al ,BANY N*v* '^,^';^"'* Street,
"• V:

TR INSAfT

& A;ict'n

Bonds.

un^e^M? McCurdv Th^

ev'Hent'^f'rom the

Y

1

22

Co. of PluliMielnhia

194 Montrose Point Brick Co.

2O712

3,000 People's Paeseneer R'y

Spencer
a^gat^cS'of-XTol^e^

Shares.

237

Penln.

mnUiiiQ
years under Mr. Winston, and later

:

Shares.

8 Market Nat'l Bk
69 Mechanics' Nat'l Bk
100 Brunswick Co

^'i^if^Tl'V'*-

&

Co.

New York

City.
PROVIIJK.NOK, K.I.;

KN<«.
«° Commission. Special attention
glTOT fcJ'l^Mtm^Int^^*,?,?.?^'",^';'"'.^""'
**""'^""- direct wire to each office aod to Phlladelphl..
and ChiS^o'

B<Xn

Frsrdary U,

f

THE (JHRONICLR

1891.]

gaukers' (iaxette.

Ixje

United HtuteM Bond!*.— Uovemmenta have been dull at
quotations scarcely changed. Th(.- daily purchasea are bhown
in the followini; statement, kindly furnished us by the Treas-

,

DIVIDKNDS.
Namt of Company.

ury Department.

Per

When

Cetil.

Payable.

Book»

&

3

March 2 Feb. 15

WcHt Mk'hlKnn

2

IFeb.

Cli' i-liinil

Detroit

A

puts,

(niiiir.).

1\

guar.

Hay City & Alpoijn

to Feb.

10

••

16 Feb. 11 to Feb.

14

••

March

1 Feb. II to

3
2

Marob

1

2

Marob iFeb. 14
MaroblO Feb. 23

21,

Nortii (ariiliiiu
Nortii PiMiiirtylvunia (quar.)

i

Feb.

11

26,

Feb.

—

March

to—

1

to Feb.
to

1

'•

28

ItllKCvllaneoiia.
Adnitio

Ex]>ri>.'<.'<

(quar.)

3

Amerlonn Coal (Hd.)

4 P<r tltnu mi* IW7.
Otarinia. Purdfaa. Prte** p»*t

».

|ao,700
08,700
30.000

US.WO
81,700

l!a.M0
M,700

tS,900

2e.aoo

8«».80o

He«,sao

..

10
11

••

W.

•'

IS

VoUI.

to Mar.
2
to Mar. 10

180.700
88,700
80,000

7

Fab.

Mrtliic. iiri'f

«M P*r Omui an* I8W.
Otanntt. PwreA'M. Pricaa paM.

Ctoaril.

{Day ineluttrr.)

'

Ilallroada.
BoHton

ClUciiifo A-

.,.

.

..

The closing

:

if
SB

1

prices at the N. Y.

MTKEET, PKIDA V. FfcHKlTARV 3. 1M91-3 P. Itl.
The Money Market mid Financial Situation.— Business
WAI.I.

Board have been as follows

I

at tlte Stock Excliango lias been very moderate in volume and
of a halting and uncertain cliaracter. Tlie marfeet is apparently in a waiting mood and underneath all transactions and
all fluctuationa in prices is the evidence that tlie principal
operators are waiting for something, and that is, in all probability, the adjournment of Congress.
In the absence of real matters of interest in financial circles
the rumor originators, including the newspapers, have been
active in putting forth numerous reports of projects under
way. The Tribune reports the Norfolk
Western after the
Western Maryland Road and the Herald groups together
somewhat grotesquely a number of rumors tliat have obtained
wide publicity
"That Jay OouUlliaa boni?tit the Chlcaeo * Alton. That Calvin 8.
Brioe has boui^litthe'Monon.* That .Tohn H Inuiaii has also bought the
'Monon' for the Itlchmond Terminal. That the Delaware Lackawanna
<fe Western has acquired the New York .Susquehanna & Western.
That
the West Shore has undoubtedly bought it likewise. That the Delaware A Hudson has also acquired It. That the Great Northern h'ts
bought the Stlckney roads. That the Atchison has sot the Denver &
Rio Oriiiule West<>rn. That the Baltimore & Oliio has suddenly
obtained the ownership of the Western New York & Pennsylvania."
The engagement of $1,750,000 in gold for export has attracted some attention, and the circumstance that it is matie
possible by the rates of exchange between London and Berlin
does not alter the main fact that the gold leaves the country.
With the unusually large surplus in our banks at the present
time the bearing of this on the money market is of minor importance.
The open market rates for call lo as during the week no
stock and bond collaterals have ranged from IJ^ to 4 p. c, the
average being 3 p, c. To-day rates on call were 2 to 3 p. c.
Prime commercial paper is quoted at Sc^SJ^ p. c.
The Bank of England weekly statement on Thursday showed
a decrease
specie of £1,634,000, and the percentage of reserve
to liabilities was 41-16, against 45-77 last week; the discount
rate remains unchanged at 3 i)er cent.
The Bank of France
weekly statement shows a gain of 33,900 francs in gold and
a decrease of 1,0.50,000 francs in silver.
The New York Clearing House banks iu their statement of
Feb, 7 showed a decrease in the reserve held of $3,375,800,
and a surplus over the required reserve of $30,243,675, against
$23,943,125 the previous weeii.
The following table shows the changes from the previou.s
week and a comparison with the two preceeding years in the
averages of the New York Clearing House banks

&

:

m

:

1891.

Dlfferen'sfrom
Prev. week.

Feb. 7.

Capital

ri7,119,700j

Burplus

65,375,8001

Loans and

1890.

18S9.

Feb. 8.

Feb. 9.

60,862,700 60,762,700
57,620,900 52.402,6110
412,437,100 408,013,900
3,j73.100
4,380,300
Inc.,'), 298, 600 431,599,'iOO 434,958,500
Dec.1,458, >00 88.274,300 86,820,600
Dec. 917, OOOj 29,184,500 36,072,000
Deo.2,375, 800 117,758,800 108,739,625
Inc 1 ,324, 650 107,899,900 122.892,600

diso'ts 397,802,000' Inc. 8,113, 100
Circulation
3,407,100 Dee.
97, 900
I

Ket deposit*
Specie
Legal tenders

t*16.34a.300
88.810.100
36,518.400

Beserye held.... 24,328,500
"
Le^al reserve,
104,085,825
1

1

1

.

Bnrplas reserve.^ 20,212,675iDec.3.700.450

9,8.58,900

14.152,975

Forelgru Exchange.—The market for sterling bills has been
very strong, and rates for short bills have advanced to near
the specie-shipping point. The chief cause for this firmness is
found in the small amount of commercial bills offering and in
the fact that London is rather a seller than buyer of our securities.
There has been engaged tor export about $1,750,000 of
gold, which is said to be for Berlin account. Actual rates are:
Bankers sixty day.s' sterling, 4 S^^^i 86i^; demand, 4 88V;
cables 4 88 J^.^ 4 883^.
_ Posted rates of leading bankers are as follows:

^

February

13.

Demand.

Sixty Daya.

Prime bankers' sterling bills on Londoa.. 4 36»»®4 87
Prioie commercial
4 84!|»«4 85
Documentary commercial
"'" 4 84<4i»4 84>3
Paris (francs)

^asterdam

269

5

(guilders)

rranktort or Bremen (relchmarks)

I8%a5

183;,

40>o» 40<'«
95 ^ a

4 89
5 16'8«5

IG'.i

40i,eff40'5!

95\*95^e
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying
953e

}i discount, selling par to
premium; New Orleans, commercial, 2.3C, per $1,000 premium; bank, $1 00 per $1,000 premium; Charleston, buymg 1-16 to par, selling
premium;
at, Louis, 5«c. per $1,000 premium; Chicago,
40c. per $1,000
discount.

^

^

Interest
Periotia
4>a», 1891
liss, 1891.
48, 1907

;.reg.

48,

reg.

1907

pd.

coui..

Do ex-cp
68,
69,
63,
6s,
68,

Q.-Jan

to J'ly.'Ol
cur'oy,'95
reg. J.
cur'cy,'90
reg. J,
cur*cy,'97
reg. 'J.
cur'oj,'98
reg. J.
cur'jy.'9J
reg. J.

•This

is

7

Feb.
10.

Feb.
9.

Feb.

Feb.

11.

12.

101 '8 'I017g 1017g •1017g
•103
lt.3
103 103
120 *120
120 •120
*117>s •11779' 117\'•118
120 *120
120 •120
1171a •11778;' 117%-•118
109 •109
109 •109
112 •112
112 •112
114 •114
114 •114
117 •117
117 •117
120 •120
120 •120
'

...coup

Do stamp'd int.

Feb.

&
&
&
&

I

J.

'

J.

'

,1.

J.

J-

.1.

'

I'

the Drice bid at the morning board ; no

—

wUe

wa.1

Feb.
13.

•10178 •lOlT,

•103
•120
•118
•130
•118
•109
•112
•114
•117
•120

•103
•120
•118
121
•118
•109
•112
•114
•117
•120

ma te.

Sllrer. The GDvemment purchases of silver in February are shown in the following state-

Gorernment Purchases of

ment.
Ounces
offered.

Previously reported
9
11
"
13
•Local purchases

2,189,500

February

•Total In
'

The

month

to date.

local purchasea of

823;0fi6

955,000

.

Ounces
purchased.

Prteepaid.

$1-017

985,000
150,000
414,000
670,500
159,662

1,057,000

9 $l-02\

$10095 » $101
$1-0160

a

$1-0190

$10037 « $1-0090
9
I

$1017 «$l-02%

each week are not reported

till

Monday of

week
The following are the current quotations in gold for

the following

—

Coins.
various coins

:

$4 85 ®$4 88
3 84 ® 3 89
4 74 a 4 78
25 Pesetas
4 80 » 4 85
Span. Doubloons. 15 55 ®15 75
Mez. Doubloons. 15 50 al5 70
Fine gold bars...
par ®'i»prem.
Sovereigns
Napoleons

X X Relchmarks.

100 3 101

Fine silver bars..
Five francs

—92 » —

U.S. trade dollars

—77 9

Mexican dollars.. — 77'sa
Do uncommero'l — — »
— 72 »
Peruvian sols
English silver.... 4 80 »

95

— 79's
— — 73
4 85

State and Railroad Bonds.— State bonds have been dull
at prices a shade easier. Sales include $13,000 Tennessee settlement 3s at 71@71i^, $4,000 5s at 101, $.5,000 6s at 103^ §
104; $5,000 Alabama "A" at 103)^; $30,000 Virginia det. tr.
rec's., stamped, at 8idS^.
Railroad bonds have shown activity in a few issues, with a
tendency to lower prices. The Atchison bonds have been
most conspicuous, especially the incomes, which have declined on considerable sales and close to-dav at 43^, agains.
48}^ last week; the mortgage 4s close at 78 J^, against 79^ ,
Rio Grande Western 4s have held their advance fairly well,
and Reading bonds have generally been stronger, the gen*
mort. 4s closing at 81^8. Rock Island 5s were quite active in
small lots at 97>a97%. Northern Pacific consol. 5s. have been
quite a feature, selling down to 83V to-day. Richmond
West Point collat. trust 5s have sold fairly and close at 74i^.

&

—

Railroad and Miscellaneons Stocks. The stock market has
been narrow, and in spite of a movement in one stcxjk or another from day to day, the general changes have been small.
In the past few days the bearish traders have been a trifle
more confident, and they have talked of the export of specie,
Atchison's operating expenses, Mr. Gould's cold, Mr. Norton's
resignation, and other things of similar import. It has also
been urged that London has lately been a seller of our securities.
Atchison has been among the weak stcxjks, and, influenced somewhat by the considerable sales of its bonds at declining prices, closes at 27i>^, against 39J^ last week, Louisville & Nashville was sold freely on Thursday, owing to the
resignation of Mr, Norton as President, though this was because he had brought up the company to a strong position
rather than from any weakness in its affairs. Richmond Terminal was strong early in the week on the belief that the
Southern trip of Mr, Gould and the Terminal people would
lead to closer alliances of Southern systems, but later it has
sold off again and closes at 18J^, The North American stock,
though not keeping up to its highest figures, has been a feature, and Edison General Electric on small transactions
holds its price pretty well. The Trust stocks and unlisted
specialties have not been particularly active.
Sugar had
pretty large sales to-day, and after declining from 74'^ to 72
advanced to 75 at the close, against 73}J last week; Lead
closes at 19^, against 195g; Cotton Oil Trust receipts 21,
against 213^. Silver has shown a declining tendency, and certificates closed at 100 J^, against 101 J^ last Friday.
To-day the tone was drooping and prices generally lower,
led by Chicago Gas, Burlington and Atchison.
Susquehanna
Western was an exception, and the stock sold up to 87X for
the preferred and 10 for the common.
it

&

THE CHRONICLE.

270

NEW YORK STOCK EXCHANGE—^CTIVB STOCKS

tor week enaing

[Vol.

FEBRUARY

13, and since JAN. 1, l§91.

HIGHEST AND LOWEST PRICES
STOCKS.

RR.

ActlTe

At«hlBon Top.

Stocks.

28Tg

& Santa Fe..

&

Atlantic

Canadian

Pacific
Pacific

•5»ii

73

6m

Canada Soutliem
Central of New Jersey
Central Paolflc

&

30

281a

5'8

73%
51Jii

51s
*73ie

51

118
11638 118
•29
30
BO'S
1918 19\
19%
50'8
4968 50%
32%
32>4 33

OieaaDeake iO.— Vot.Tr.cert.
bo
do iBt pref..
Do
do 2dpref...
127
Chlcaeo & Alton
Chic.

Feb.

Atl. Benef. Tr. Rec...

Chicago BuriiuirtoD & Quiuoy.
Ohlc^KO & Eastern Illinois...

•im

87%

*475i
91ia
6518

Wednesday,

Thursday,

9.

Feb. 10.

Feb. 11.

Feb. 12.

88'4
48i«
9112

2914
6
7414

2918
5'e

28^8

74

7414

51=8

51% 52

'51a

119% 117
2914
30

II914
3014

19%

I'l's

19''8

33%

27%

578

514

28I4
578

7414

74%
51%

'5%
117

10

pref...

'47% 481s

47%

7%

,

34%

127
12

86% 87%

90
'91
91
91
911a
5618
58
5678
55%
55 't
55
Chicago Milwaukee & St. Panl.
II2I4 II214 113
lis
Do
pref 112 II212 112
108
IO714
108%
lOSip
107%
107=fi
1071a
14
Cblcago St Northwestern
135
138 133
135>« 140
1351a
pref
Do
6978 70%
69'8 70=8
69%
70% 71
ChlcaKO Rock Island ^Pacific.
'26»3 271s 251a 27
26
26
25%
Chicago St. Paul Min. &. Om.
•83
'83
87
84%
84
pref
Do
63 14
64 14
64
64
64
631s 64
Ctove. Cineln. Chic. & St. L..
*95
95
95
96
96
96
91%
Do
pref
27 13 27%
27>4 27I4
2714 28
27
ColumbuRHockint^Yal. &Tol.
'139
'138%
13958
139»8
139%
139
139
Delaware A Hudson
Delaware LackawannaiSWest 138^139% I3914 140% 139 139% 138%
19>9 191s
19
19
IS-a 191,
19'4
Denver ic Bio Grande
60^ 6008 61
61% 61
Do
60% 61
pref.
7
*7ia
7^8
77^
8
776
But Tennessee Va. & Ga
'8
•61
62
63
t5
63
63
63
Do
Ist pref.
•17
isia
17
17
Do
17% 17% 1778
2d pref
'110 115-5 112
111 115
Eransvllle A Terre Haute...
Oreal Nortliorn, pref
851? 861s
85
85% 86
85
851s
Illinois Central
,x97
96% 97
9713 97%
98
97%
•7
•7
Central
Iowa
7
7
71a
71s
Do

118

19% 19%
5214 53%

12

87% 88
47% 47%

87''8

29

2914 30

•125

12

87%

Sm

28I4

74% 74%
51% 52%

52
33 14 341a
34
127
127

52'b

130

130
10

130
14

Sales
of the

Tuesday,

Monday,

Saturday,
Feb. 7.

48
9II4

51

115% 117
30

•29
1878

51

19
52

32% 33%
125

125
12

10
85%

8678

47% 47%
90
54% 55%

88

116
30

l'.;5

10

12

85% 86%
47

Do

Do

pref.

A Western

pref

lAke Shore A Mich Southern
.

liOni^ Island
liOuisville
Nashville

A
Louis. New Alb. A

Chicatjo ..
consol.

MichU'un Central

,

105% 105%
2278 23%
*9b% 95
79

'104
414

115

10

3II3 31%
NashT.Cta altauooiira A St. Louis *93
93 97
97
95
Kew York Central A Hudson 1031s 1031s IO313 1031a 103%
Kew York Ohio. A St. Louis.
13% 14>4 14ie 1414 I4I4
*64i3 66
Do
Ist pref
66 la 67
66%
Do
2978 301*
2d pref.
291B 301a
30%
Kew York I^ikeErie AWest'n 20 14 201s 2018
201s
20%
Do
52
pret
53
54% 54
531s
Hew York A New Enirland
38
38% 37% 38% 38
New York New Hav. A Hart. 265 270 270 270
267
New Yoik Ontario <s West. .
17
I714
1718 17%
17%
New York Susquehan. 6s. West.
9% 9%
10%
9%
9%
Do
pref.
33>s 33 ig
34% 38% 35%
ITorfolk AWestem
16 17 16 17
17
.'.
Do
*55
pref
56
55% 55% 56

_

Paclflo

D°

10.j% 106

114

114

104

105

•78

107% 104

81

81

107

102

102

•4
'10

5
11

414

pref....!!".

-v^.
Ohio
A Mississippi
Ohio Southern
..."
Oregon Ry A Navlcatlon Co
Oregon Sh. L. A Utah North.

Peoria Decatur A Evansville
Phila.A Re ad. Vot. Trust. Cert
Pltteburg Cinn. Obic. A St. L.

Do

pref

KlehmondAWestP't Termiuai

bo

28

28%

72=8
•18
18
7914
•221s
1814
3313
•I4I3
*51
igig

73 18
19

75

pref

28% 28%

72
•18

727g

10

95

95

110

116

66%

3II4

20%
54'-.,

38%
26^

10
37
17
56
74

7914

79

24

22% 22%

23

33% 33%

19%
33% 33%
14% 14%

19
33»8
16
53
191s
7514
361a

•18^ 19
•14% 16
'51

1878

51

53

19% 19%
7514

SO
23

53

19% 19%
75% 76%
36% 36
37%

75 14

70
3II4

20%
51%
38% 38%
1714

36

18% 18%
181a •17% 19% •17% 19
•76

95

20 14
54

9%

10

79

30%

265

17%

28% 28%
7278

7%

24%
14%
57%
75%
25%

36is

Do

pref"

2,701

414

414

93

96

450
196

80

270

68
3OI4

30

19% 20%
63% 54
3778 38%
267

267

16% 17%

36 14

9%
35%

9%

157„

1578

55

28%

72% 73%
18
19
19

75
78
21% 21%
19
33

•66

17%

55
28

17%

4

5

•9% 11

12

13

*21i4
66I4

23%
06%

33

93% 93%

19*4

33%

1379

1378

'30

53

1878 I914
7378 .7578
36'8 3678

9%

35

16
55

17

55%
27% 28%
71% 72%
18% 18%
17

19

'65

37%

16

16

27% 27%
71% 72

14

14

49 52%
18% 19%
75 76

14,953
49,699

19

17

18%

32 ''n
14

13
51

Paul Minn. A Manitoba
Southern Pacllic Co

Texas
Tol.

A

Pacific...
N. m!
Ohio Central

A

301a
14''8

Ann Arbor A

Toledo

XIO
I9I4

'".

*60
*84

''"'•

Unlonpiolflo

23^8
IOI4
I914

nrpf

Wheeling A Lake Erie..... !;
Do
do
pref
Wisconsin Central Co

32 >4
73

Ntncka'.'
American Cotton Oil Co.

19%

Do
Am. Sugar Ref. Co temppref.
ctfs

88

74.
90
.

P™'- temp, ctfs
itn«viwii>i
Buckeye
Pipe Line Oertirs 6.)
'
Chicago Gas Co
'"
Colorado Coal A Iron
Consolidated Gas Co
JttstUllng A Cattle F. Co.

Wlyon General Electric.....
Ifelede Gas (St. Louis)..

19

88

40%

1879

33

19

32

32%

73%
19

74
9014

41
41%
37 14 37 14
98>4

98%
46% 46%
19

727g

2378

Pipe Line CenlflcateVC"
Pollnian Palace Car Cc?..:::"
Certificates,

i

73q,

19
43

I914

44%
74% 76%
90% 90%
23
26
il\ 42
37% 3814
98
47
104
'18
1914

98

47%
105%
19

i!

I

. .

.

.

24

46

23% 23%
10% 10%

19

32%
7314 73%
21% 21%
I914

88

45

19%

Balem»<to

70

60

88

•85

44 14 4514
23
23
10
10%

18% 18%

187e

19

32%
73% 73%

3178

21

2114

20% 20%

19
44

19%
45%

32 14

44 14 4II4
76 14 78I4I
90
81

'60
*84

76% 77%
89% 89%

72

32
73

18% 18%
43
75

43

77%

87% 89

44
23
10
18

23
10

72

10
100 58
100 24
85
2,330 100
2.850 23
3,530; 14
I

417,
37I4

4214I
37781

21

26
40 14 41%

40%
36%
97%
45%

i Prices

from both Exohaages.

t

194
102

36%
"81%

192
100

35%

61

800
1,410
4.210
9.735
2,010
1,448

885
832
54,182
9,010
1.000
23,350
2,160
1,280
5,870
2,358

36I4

83

83

8OI4

80%

Under the role

1.160
/, 709,000

3,260

50
12.409

c.^^sh,

x

21

18

30
74

Jan.
Jau.
Jau.
Jan.

24i4Jan. 14
19 Feb. 7
8
137eJan. 14
55 Jan. 13

34% Jan.

19% Feb. 7
76% Feb. 10
37% Feb. 5

n.

72

Feb.

6

103% Jan. 31
122% Jan. 3

Jan.
Jan.
Jan.

3

.Tan.

"

12 14 Jan. 14
Jau. 16

70

26%

Feb.
Jan.
Feb.
3078 Feb.

Jau.
Jan.
Jau.
Jan.

88
111

Jan
„.

9

9
6

6

16i4Jan. 14

20%

Jan.
61 Jan.
87 Jan.
48% Jan.
21% Jan.
11 Jan.
21 Jan.
3514 Jan.
7478 Jan.
23% Jan.

Jau.

Jan.
J.in.

Jan.
Jan.

20

33%

2

.57'^

17
13

ii^^.

Jan. 14

Jan. 30
1978 Jan. 17
J 8
Feb. 7
82 Jan. 12

Jiip.

1578 Jan.
Jan.
Jan.
8 J % Feb.
19 Jan.
31 Jan.
33 J.n.
94% Jau.
42% Jan.
88 Jan.
15 Jan.
17% Jan.
11% Jan.
15% Jan.
3II4 Jan.
71 Jan.
181 Jnn.
100 Feb.
3;% Jan.
80 Jan.
76 Jau.

3
10

57% .Tan. 14

914 Jan.
lO's Jan.

29%
67%

Feb.l

10% Feb. 9
38% Feb.) 9
16% Jan. 14

J.-in.

81% Jan.
41%Jhu.

Feb.

17%

Jan.

59,725

192

100%

271

Jiin.

16% Jan.

I8I4

21

51% Feb. 10
41% Jan. 15

Jan.

J

3

Jan. 29

31i4Feb. 10
21i4J»n. 14

J;in.

525

85%
25
•24
40% 39% 40%
3714 3714
36% 35% 3714
98
98 >4 98
98
08% *97% 98%
47
47
46% 47
46%
43
45%
106 107% 107% 108
li;8
106% 106%
18 19 •18 19 107%
'18
19
117
300
19% 19% 19% 19% 19
19% 19
I914 21,664
18
19
18% 18% 17% 18% 17% 1778
74,075
28% 28% 29
29 14 26% 26% 26% 26%
2,110
3678 38
37
37% 36% 3714 36
37
9.855
79
81
79 14 80%
79% 80 "8 7914 8OI4 476,000
'194
196
1

16

|120

44%
75

21%
63%

6

70

28%Jtn.

122 100

18%
31% 32%
7178 72%
2OI4 20%
I8I4
•41

7%

Jan.

101% Feb.

14% Feb. 10

965 67% Jan.
930 23 J u.
459 „„
5514 Jan.

70
88

44%

95

Jan.
Jan.
Jau.

aOO 12% .Tan.
150 48 J.n.

108% 109% 107% 110
29% 29% 29
29 14
2914 29%
1479 1478
14% 14% 14% 14%
'18% 19% '18
19
18%
18%
•60
•84

34% Feb. 10

I5I4 Jfin.

31

30,804

109

70

10% 10%
19
32 14

'107

19%
1778
17% 187e
26% 27
28%
37% 36% 3814
78% 79
80 14
195% 105 195^
194 198
193
lOlS 100% 101
101% 102
10178 100%
371S
36% 36% 36% 36% 101%
*36i4 87
35%
81% 8214 "81% "82% 81%
82% "81 54 8178 "79%

26%
36%
76%
194%
100%
372

pre'-'
»,<*°
«..<.»
weetem rr
Pnlon Telegra ph
* '*«" '^e tlie prices bid and asked;
no
.

24
,

21% 21%

19

70
88

43% 46%

10% 10%

I714

Pacific Mall

19

62
85

70

19%

19% 19%

North American Co...
OreRon ImproTementCo

19

60
84

23'e!
I014'

...

18%

108% IO914
29% 30% 29% 30
14% 15% 14% 1478

4578

looi*
107
^W.'* lo'

Battonal J.ead Trust....

109

•23%

42% 42%

,

iMUMJweeCoalAlron

13
1914

70

21% 21%

Ilocelianeoa*

miver Bullion

109

3II4

46% 47

Union Pacific Denver A Guif
Wabash..

Do

111

23
19

14%

1,810
12,100

51

18% 1K%

6i4Jan. 10

48% Jan.

400 18
400 14
400 75
810 19

19
78
22

75% 75% •74
21% 21% 20
1878 1878
18%
32% 33
32%

2414 Jan. 4
Feb. 3
Jan. 15
111 Jan. 14

96
93

230 14% Jan.
411 56% Jail.

ft.^%

*18

27 Jan. 15
106% Feb. 2

Jan.
1178 Jan.
2014 Jan.
6OI4 J'U.
20 J-n.

11%

0,726
10,870
10,677

37%

35
•35

9

9

79% Jan. 14

863

1

10

5

5914 Feb. 11

21113% Feb.
Feb.
3 91

32%Jai'.
62 254% Jan.

271
17

7

14 Jan. 12
21 Feb. 7
68 14 Feb. 6

9,615
6.285
6,605
15,030

19 'h
53

9%

15i4Feb.
21

71%

760 57

29% 29%
265
17

Jan.
Jau.
19 Jan.
97 Jau.
1978 Jan.
91 Jan.
81 Feb.
8'i

Feb.

7% Jan. 14
24% Feb. 5

12% Jan. 14

6,907

68

la '8
53
3678

86%

103% Jan. 14

93 Jiiu.
668 100% Jan.

prof'

Bt.

92
57i4Jan. 14
113 Feb. 10
108%Ji.E. 14
138% Jan. 12
7278 Jan. 14
27 Jan. 14
84% Feb. 11
65% Jan. 13
98 Jau. 9
29 Jan. 12
139% Feb. 7
140% Feb. 9
20% Jan. 12
63''8Jan. 14
8I4 Jan. 14
66 Jan. 14
19% Jan. 14
115 Jan. 7

Feb.

13% J u.
51% Jan.
106% Ji.n.

5

Jan. 14
Jan. 20
Jan. 13

260 10
28,652
7,570
135

3314

.

Do

49%

85
30 105 Jiiu.
735
414 Feb.

105% 105%

73
73
36
35
35
34
34
72
71 72
72
70
70
69
68
71
69%
69%
69
Borne Watertown AOedensb'Ki*102 Is
103 103
102 105
103 103
103 103
Bt Louis Alton A T. H pref 124>a 1271a 124
103%
127% *124 127% 124 127% 124 127%
St. L. Ark. A Tex., trust rec!
124 127%
10
•10
11
11
1014
11%
•10% 11%
10 11
Bt. Lou. A San Fran. 1st pref
10
11
•31
60
CO
•51
51 65
St. Paul A Duiuth
65
65
26% 26%
Bio Grande Western

_

2,610
2,510
9,115
1,358
62,743
1.335

112
92

Jan.

93%

250
6% Jai'.
135 20 Jan.

104

104

96%

1,73(

Feb. 9
Jan. 26

34% Feb. 10
130

5,330

97

Jan. 12
Jan. 12

1978 Feb. 9
5414 Feb. 10

20lll%Fel).
72 Jan.

-83

103% 103 103% 103 103
102% 102%
14% 14 14 14% 14I4 14% 13% 14
Qi

31

85% Jan.
350 41% Jan.

22% 22% 2214 23I4 •22% 23%
•90% 94
93% 95
94
94

'79

119%

7%

978 11
•12% 13% 12% 12% •1214 12%
23
23% "22% 23% 22% 22%
67% 68^ 67% 68% 66'>8 67%
31% 32% 32% 345^ 33% 34% 32% 32%

MobUeAOhIo

_
„
northern

79

6

73% Jan. 19
52% Feb. 11

54%

85% 84% 85% 84"4
98
97
97% 97
7
7% 7% >7
7%
»23ia 241s
23 24% •23
23% 23% 24
'231s 26
24
•14% 15
14^8 1478
1478 15
14% 15
14% 14% 14%
68% 58% 58
5878
59
59
58 14 591,
58
58% 57%
11278 113
11318 113«8 11318 1131s 113 113% IIII4II3
111%
•89
•90
92
90
91
90
91
91
90
91
89
76I4
75^8 761s
75% 76% 76% 77% 76I4 77
74%
74%
26I3 264
26^8 27
28
2S
27
27
25% 26I4 25%

105 14 1051s IO514 105ii,
23
23
93% 96 93% 95
Milwaukee Lake Sh. A West.
•79
83
83
83
Do
pref
1041a 107
104 IO714
Woneapolis A St. Louis
5
5
51s
Do
V.
12
pref.
Mo.K.ATex., ex. 2d m. bonds
13 14 I314 12% 13%
Do.
pref.
231a 24
23% 23%
Missouri Paflflo
67 '8 68I4
67% 68%

Manbatlan Elevated,
Mexican Teutral

32%

Feb.

26,465

47
89

-87

27%

273 83 Jnu.
547„ 108..588 50% Jan.
113
112% 112% 111%112
4,033 105% Jan.
108
106% IO7I4 106% 10678 8,625 10414 Jan.
138
135 138
5 133% Jan.
7014
68% 69% 68% 69
20,841 67%.Ian.
26
6'i0 23% Jan.
26
25
25% 24
84% 84%
84% 83% 84
550 77% Jan.
62% 7,097 59?i Jan.
64
62% 62% 62
96
96
96
95
10 94 Jan.
26% 26% 1,810 25% Jan.
27% 26
28
136% 137
139% 136 137
3,164 13014 Jan.
139
138% 138% 137% 138% 57,202 131 Jan.
18
19
19=4
18% 19
222 17% Jan.
""
60%
61% 60% 60% -60
1,97
57 Jan.
'7%
8
8
8
400
--.
7 J"n.
•62
•62
65
65
65
100 60% Jan.
18
18
17% 17% 17
450 1 H Jan.

56%

in 1891.

Highest.

600
5
Jan.
1,300 72 14 Jan.
10,255 48% Jan.
4,340 106 Jan.
110 29 14 Feb.
5,'17 17 Jan.
9.925 44 Jan.
5,203 29 Jan.
172 127 Feb.

18% 18%
51% 51%
3214 32%

I

ItSke Erie

47,800

74%

50% 51%

125

Lowest.

Shares.

27% 28%
5 5%

116
30

Range of sales

Week,

Friday,
Feb. 13.

73%

LII.

2
2
2

41%

13
13

19
14
14
14
14
12
14
14

Jan. 14
Feb. 9

78 14 Feb. 10
95 J.an. 14
26 Feb. 9
47141 Jau. 19
38%3 Jan. 14
1

24 98%) Feb. 7
2 49 Jan. 12
3 111
Feb. 5
2 20%2 Jau. 20
2 21%i Jan. 17
2 I9I41 Feb. 13
29 14iFeb. 13
38 14\ Feb. 9
Feb. 10
2 81
5 190%1 J.an. 14
13 107%1 Jan. 15
2 39%I Jan. 14
6 86 Jau. 14
2 82%3 Fell. 9

26

FrBRDABY

14

THE

1891.J

YDRK 8TJCK EX.CB1NQE PRICES

NE»T

Bange

Feb. 13.

INACTITK Stocks.

Hallroaal Mocks.

&

100

Vlrkhiir(t1I

Hoihestcr

Burl. Codiir Rapids & Nor
OillfDnila I'lu^itloU
<'tdar Kails* MImieiMita
(Mi'vilaiul & I'iltsburK
Columbia & (JrecnvlUe pf
l)ca Moliica it Kort Uodgo
I'lvfeno.l
Dululli H. Shore & Atlou.U
l*n-forioil1l

A

Flint

IVro Munjuette

l*r ."ferrcil

102

50
50

MalionluK Coal
Preferred

107

Feb.

100

Jan.

70
90

3538

4

30
77
25

Jan.
Jan.
Feb.

5's

Fob.

152

4»« Feb.

5
12

12

2.%

Hi

Feb.

12% Jan.
18% Jan.

84
10

Jan.
6>a Jan.
0>3 Jan.
2
Jan.
OOiji Jan.
15 Feb.
1 Feb.
7 Jan.

7's
2's

100
17

28
55
15
8718 85
100 105
40
36
'

i

I

Jan.
Feb.

SECURITIES.

SECURITIES.

Ask,

Bid.

27
18H

100
lOO!
1

HiffheH.

2H
180
5

35

Jan.
Jan.
Feb.
26>« J*n.
314 Jan.
I4>9Jao.

29
9
16
15

100

142

Ju.

183 Jao;
6 Feh.
S0>« Jan.
0^ Fob.
141s Jan.

Bid.

160

Jan.
Jan.
Jan.
Jan.
Jan.

11

15%
113

1

17%

123
82
100
21

75

Jan.

75

16!<s
103 13

Feb.

107

26
60

Fea

23
38

Jan.

5>4 Jan.

6''8

Feb.
Eeb.
Jan.

38

39% Jan.

d6''g

8978 Feb.
I614 Jan.

Jan.
Jan.
1413 Jan.
6518 Jan.
137 Jan.

70

JanJ

145

Feb.

13.

SECURITIES.

Ask,

Jan.
Jan.
Jan.

17 Jan.
81 Jan.
103 Feb.
42 3g Jan.
12 Jan.
44 Jaa.

15 -Jan.
Jan.
Feb.
Jan.
O's Jan.
41 Jan.
79>fl

101
39

23
34

Feb.
Feb.
Jan.
Jan.
Jan.

193e Jaai

Jan.
Jan.
Jan.

25
55

Feb.
Jan.

2311 Feb.

Feb.
Feb.

80
98

FEBRUARY

PRICES.—ST^riT BONDS

NEW YORK STOCK EXCHANGE

83
186

10<i

|

3013 Jan.
63 Jan.
18 Jan.
85 Jan.
1 05
Jan.
40 Jan.
5 Jan.
1 475^ Feb.
100 Wi Jan.
1!)
Feb.
Jan.
8
1504 Jan.

Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
145 Jan.
104 Jan.
17'4 Feb.
6
Jan.
'149 Jan.
I

60
80 32
100 170

(laten in 1891.

Lotettt.

I

14 Jan.
2413 Feb.
84 Jan.
8% Jan.
8<ii Jan.
2 i-j Jan.
02 Feb.
Ki Feb.
3 Feb.
7 Jan.

81

Ask

Vlrifinia

6
14
24*4

Bange

Feb. 18.

10
100
Midland
nilKcellniioou* Stookn.
Adams Kxiuiss
100 :xl48 150
15
Ameriean Catlle TrnstU
American Cotton Oil trust reo.lOOl 121
Ameriean Kxjiresa
100 115 125
80 14 80%
lOOi
Am. TeleKrapIl A Cable
American Toliacco C«.,pref ..100 98 100
Brunswick Company
100
75
Chlo Juno. Ky. A Stock Yards. 100:
85
Preferred
100|
Columbus A lIockinK Coal
1 00
17
18
Commercial C'al)le
100 U04
Coal
of
Maryland
25
Consol.
100 23
I/ftclede (ias, pref
60
100 55
Wilkes.
Lehieh *
15
20
Coalir
Marylasid Coal
100 16>]| 17
Minnesota I ron
100 •70
76
National Cordage Co., prof ...
101 10.<<
National I.lnseed Oil Co
100 39>« 41
100 $11 14 11%
New Central Coal
Ontario Silver Mining
100 40
42
Oregon Improvement., prof.... 100
Pennsylvania Coal
50 270
Phila. Natural Gas
50
Postal relcKraph— CableU
36
40
Quicksilver Mining
100
$6
Preferred
100 38 Jj 3913
Bagar Refln. Co. trust rects.';..100 $83 Is 86)4
Texas Pacific Land Trust
100
100 67
TJ. S. Express
69
Wells, Fargo Express
100 140 14ft

Keb.
Feb.
Feb.

4 'a Jan.
Jan.

4], Jan.

148

Charleston
25 *36
Mexiean National
100
Morris & E.s.sex
50 il47»8
'.100
N. Y. I.aek. A Western
20
N. V. A Northern pref
100 *1S
Peoria & Eastern
100
7
9
Pitts. Kt. Wavnc <t ChIeaKo....l0O| tl50
No price Friday ; latest price tills week.
dfe

29
74
25

33
14

IndleateM aetucU lalet.)

Bid.

unlisted.

Plttsbnrg * Western
Preferred
Rensselaer A Haral^iKn
8t. Joseph & (Irand Island
St. I.onlK Alton AT. H...,
Sontli Carolina
Toledo Peoria & WosternU
Toledo Ht. I.onls AK. CltyH

Feb.

103

Feb.

(t

iMArmrE Stocks.
V Indleutos

20

r„or>;la raiittcH
6J9
Cirppu Hav Win. & St. Paul....l00:
1>8
100
Ilouatoii A Texas Central
lllinol.s (Vntni! leased linos
100| 90
15
Kanawha .V Mirltisan
100]
lOOi
K«nkuk<t: Des Molues
Preferred
100|
Klnsaton it Pemliroke
50,
Iioutsr. Evans. & St. Lo., cons. 100,
Proferrod
lOO'
100 !1«'4
toutovlllc St. L.& Texas

Memphis

1891.

llighert.

07

100
100 $70%
100 22
100 ll>t
3
100
60 (148
100
100
4>s
100 15
100
4>s
11'4
100
100 •23
100 *82>8
100
8

Pitts

&.

Pnriricd

167

175

A-

Buflali)

{iale4) in

Lotaeil,

35

100 16S
Biisquchaiina
Atliinta A Chiuldltc AlrL![....100 •94
120
Hi'llovlMc .V South. 111. pref..
100 100
BoaUuuViN. Y. AliLluo prof
100 27
Brodklvii KlovateilT
Albiinv

271

(Contlanei)-IffACT[l^E STO0K3.

I

Aak.

Bid.

% IiKlirnteRUultstod.

Alabiimu

CHBOJVICLE.

Bid.

18!«3 102
New York— 6s, loan
S.C. (cont.)— Brown eon8ol.69.1893
1906 102ial04
96
Alabama— Class A, 4 to 5
J&J 30
North Carolina— 6s, old
Tennessee- 6s, old
1892-1898 621s
1906 105 110
Class B,!)s
Funding
1900
10
act
Comiromlse, 3-4-5 6s
1906
1912 70
Class C, 49
New settlement, 6s
1913 103 "4
1920 104 1081a
New bonds, J. A J.. ..1892 1898 20
(^urrcncy funding 4s
2I3
5I4
15
Chatham RR
5s
Arkau.sas—tis.fund.Hol. 1 809-1900
8
1913 98
4
180
Special tax. Class 1
5
do. Non-Holford 150
38
1913 701a
1910 961..1 97
Consolidated 4s
Virginia—6s, old
7a, Arkansas Central KR
1919 123ifll26
1914 105
6s
6s, consolidated bonds
Louisiana— 79, cons
93
Rhode Island— Cs, eon.. 1893-1894 102
94
6s, consolidated, 2d series, recti.
Stamped 4s
3I4
1894-1895 105
South Carolina— Os, non-fund.1888
4
Missouri-Fund
68, deferred, trust receipts

Ask.

100

;

i

104>a

102
71

'

:

!

New York

*

City

Bank Statement

5, 1890, is as follows.

We

for the

omit two ciphers

week ending Nov
(00)

BAJ4UB.
OojKtal.

(00» tmitted.)

Bank of New York...
Manhattan Co
Merchants'
Mechanics'
America.

Phenli
City

Tradesmen's
Merchants' Rxchauge
Qallatin Natiousl
Butchers'* Drovers'.
Mech.inics' & Tradei-s

«
2,000,C
2.O5O.0
2,000,0
2,000.0
3,000,0
1,000,0
1,000,0
750,0
3OO.0
600,0
1,000.0
300,0
200,0
200,0

Surpl«M-

«
1.748.4
1.3«3,S
B94.S
1,899,1
1,926,2
656,£
2,4.io.t

88,2
6,4'23.t

141,S
l,4i'4,2
SOI.'j

243.t
132,B

Leainei Mannfact'rs.

tiUO,0

5!15,5

Seventh National

»OO,0

81,1

1,200.1)

4i'0,4
1,9.(9,7

State of

New

^

ork

American Kxchange..

Commerce
Bromlway
Mercantile

Peoples'.

North America.
Hanover
Irving
Clttzeus'

A Fulton
Nicholas

Market

Shoe A Leatlier
Corn Exchaujte

CoutlDcutal
Oriental
Importers' A Traders'

'^

,;.

N. Y. Noll lixchauge

Bowery

Gantclcl
Fifth National
the lletrop...

Sixth National
Western National
First National.B'klyn

ToUl
'

177 1
38218
363.5
60:i,

1

1,000,0

1,657,2

500,0
600,0
800.0
750,0
500,0
600,0
1.000,0

295,2
411.9
227,4
725.2
109,0
266.9
1,141.5
317.4
392.2
4,85H,6
2,423,5
143,9
1,662,0
540,2
330,5

1,000.0

300,0
l,500,f-

2,000,0
300,0
750,0
500,0
1,000,0
300,0

600

Bankot

1(12.0

678.4

TJnlteil Slates

Lincoln

519,5
776,5
400,0

2,eM.0

Germaiila,.,...,.

.

986.0
2,017,4
213,1
5,940,9

10,252,5
6.742,2

260,0
200,0
750.0
600.f
100.0
200,0
200,0

New York Conntv
Oennan- A mcrti!ah
Chase National
Fifth Avonuo
German Kxchange

2,l»r,.d

SP.i.l

3,'200.0

Fli

Tlni-

1.163,8

3,041,9
1,452.9
3,469,9
15,629,0
18.029,9
5,533,4
7,632,8

SOO.O
200,0
160,0
800,0
200,0
600.0
200,0
8,500,0
300.0

3,423,S
1,8X9,J
i)2.-.,2

30S),7

8.701,3

24t,0
141,6
464.8
621,4
256,4
917,1
761,4
466,1
443.4
607 7
SO),
328.4
319,0
57-2.6

842,1
166,6

884,0
256,6
761,1

2,3:<S.2

4,669.6
13,046.6
2,797.0
2.673,1
2,877,0
4,075,4
1,837,4
2,475.0
6,461,2
4.256,1
2,100,0
20,832,0
111,290.0

1.217,7
16.863,7
6,422,0
4,158,0
5.051,4

21,393,6
4,269,6
1,446.0
2.700,0
2,612,2
2,«92.2
10,442,5
4,169,9
2,709.1
2,69o,l
4 1^1 4
3i844,0
3,147.4
1,836,9
3,939.6
l,9.i6,(l

3,432.0
1.631,0
10,320,4
4,142.9

flO.B72.7 fl2 2ia.l 395.277 9

No Btatemeu has been issued since Nor.

5,

272
S20i7
3,355,8

368,2
642.3
433.3
C04.7
175.6
417,0
1,016,8
828,8
151,6
4,532.0
4,188.0
243.8
4,i 8.5.1

835,0
1,280,0
957,1
2,981,7
307.0
172.1
56K.0

7ao,0
460.0
2,874,4
1,177,3
191.3
192,2
771,4
770,1

485,8
336,2
789,9
274,0
630.0
194.0
2,086,1

719,3

73 995
1890.

DtmHtt.

«

2,640,0
1,961.0
1,35S,6
1,022,0

983.1
711,7
SOl.O
543.3

250,0

Central National

s

*
12.0 !0.C
10.63B.C
6,605.7
7,801,0
13.357,0
4.884,0
9.7S4.2
2.032,6
21,981,1
3,149.7
5.319,1
1.634,1
2,587.0

460,0
200,0
700,0

•.i,ono,(p

Kast River
Fourth National

Legals.

Svecie.

3,001,0
1.827,1
1,244:2
1,318.8
447 5

422,7
1,500,0

Paclllc

Cbatham

Bt.

5,000,0
S,OOO,0
1,000,0
1,000,0

Loam.

Bahks.

iCapital de
Swrvltu.

Loam.

I

Lf^aU.

Specie.

DeDO»K>.» r'i'-n'rn|(7I«iriiKt.

in all cases.

250.0
410.0
153.0
488.0
688,7
76.0
552,0
146.4
l,001,t
287,2
247,6
70,1
372.0
137,7
143.6
29.0
208.0
239.0
1,393,4
133.9
787.f
261.7
319.3
859.0
141,4
384,1

*
11,400.0
10,442.0
8,694.2
6.9H1.0
12..'>4.5,0

4.435,0
9.440.7
1,^78,0
2i.4,=,6,7

3.-186,7
4.28.S.3

1.747,3
3.0U8.U
1.5i'6.2
•2,942,1
;2.:<8rt.O

11.7-(2.0
4. .^79.3

7.964.3
3.125,2
5,567.1
2,')0ti,7
4,36 j.7

13.,S14,9

144.5

2 Ctiti
8,019,8
3.578.8
3,991.4
1,717 8

312.8
239.9
130,5
286."
227,0
137,7
341,0
1,01'2.0

639,0
82.1

2.88c;o
6,M8l),»

4.641.4
2.040,0
21.164,0

22

.J

i

'

lit '.Tie

881,6
576.0

17.475,0
6.448.0

101.(1

s.o.-ig.o

322.7
784,5
481.0
89.0
156.0
110,0
61,9
T07,«
140,3
688,0
28:.7
46.7
200,4
439.4
268,8
394.1
284.0
337.0
122.0
471,4
174,3

« 21.81«'>

••

«

9.480,5

31...

65,S4'2.9 151.6,iH.8

».36(l,5

Feb.
7...
I'blln.'
Jan. 24...
31...
Feb. 7 -.

65,842,9 153,553,8

9,140,2

•

We

oinit

35,793,7
35,793,7
35,793,7

I

all these ftguree,

"due to other banics."

Gen.

-M., Si,

t Inolnllng, tor

66.913,0

Boston and PtaUa

IfS
210

& Gr'nd St. F'ry-Stk. 235
A&O 105
42a8t. MaulLi St.N.Av6.| 37
1st mort., 6s, 1910.. MAS 112

243
107
40

Av.— Stock.
200
Eighth At.— Scrip, 88, 1914 105

42a

let mort., 78, 1893.

53, 1914...J&JI101
'24!10'2
H'way 1st, 58, gn
2n'l dH, int. as rent., '05.1 93

Brooklyn City— Stock
1st mort., 68,

1

2d .\1,, income, 6s
J&J 60
Hoost. W.St.(S f.f'y— 8m. 200
1st mort., 7s, 1894.. JifcJ 100
|Ninth Ave
....
,Second Ave.- Stock.
110
Isl mort., Ss, 1910.it<kN 104
ISUth Ave.— Stoclc
2 JO

179

1902..J&JI100

B'klvncrowt'u 6»., 1908 108
Bkn.U'yJiN'u5.^,193i JJiJ 101
lenlral Crosstown—*i,'k..i 160
l8t mort., 6.s,lSC22.M.tN 117
0)nt. Pk.N.A E. Riv.— Stk. 117
Consols. 78, 1902 ...JAD 116
Jry Ok.U.B.tft Bat'y— stk. 138
1st mort., 7b, 1803..J&D 103

Baok Stock List— Latest
BANKS.

(Bid.

Imerica..
212
Km. £xch... 151

2." .'-2,0

Batchs'dk Lit-. V,0
Central
130

Agk.r

lallatin

164

Garaold

"a'

Bowery
-280

'295

137'

Ohase

35U
37S
Ohemical
4600
450
Oily
Oitlssna*
170
Ooiurabia
235
Commerce... 196
Oootmeutal 138
Corn tlxoh... -J40
110
Deposit
l£;wt River., 136
llth Ward... 130
»lfth Ave.... 1700

Chatham

4900

prices of
Bid.

bank stocks
Ask.

3P0
350

German Am.
German Ex.

1120

300

(31ermaiila

Green wlrji... 145
Hanover
360
Hud. Klver.. 160
Im. a Trad's' 540

I

J«J

this

week.

BANKS.
Bid. Alk
New York...!210 2S0
N.Y. Coanty.iOOO
N.Y.Nat.El. 138
!l53
Ninth
l,.th Ward..il50

140

N. America.. 170

180

1

380
166
560

260

Madison Sq..

Paciflo

People's
Pheniz....

..

210
180
330
290

200

133

140

Manhattan,.. 177
MarketJi Ful 223
Mechanics'. .1204

117

M'ohs'ATrs'.i-iOU
Mercantile... 220
Merchants'... 155

Pioduoe Ex.
Repablio .... 186
160
Seaboard
Second.. ...» 300
SeveuUi...... i26
Shoe,tLeath 150
St. Nicholas 1-20

Mercb'MKx.

SuteotN.Y

1

Metropolitan

1'20

b^

Metropolis... 33U

112

Mt, Morris ..400

Foorth

lii'

Murray
Nassau

....

II8O

180

160

North River,
Oriental

Park

180

Irving.

Uill.

109

in'

first N., S. I. lot
1 4th Street.
170

172

iot"

107

280

197
140

2000

114
87

Twenty-third St.— Stock- 230
106
ist mort., 78, 1893

Leather Mis' 246
i'so" Lincoln
. 3UU

Fifth

Wrst

107

loi"
2*5"
110

.Thin! Ave.— Stock.
1st M., 5s, 1937. ...

BANKS.

214

1

F<feA 101

iBlnhth

2d mort,

Broadway...

8S6 574 B

59 622,8
66 878,8

Sorlp6»

K

l,28,t.4

2.i(J7.3

ei.l93.n|a,181,0
92,185,0 3.187,0
93,89 1,0 2,172.0

Drv Dock E. B'y & B.—

I'iS

19Uif...A&0 105

81'okerSt. a i'ul.
-stk.l 24
l8t mort., 7s., 1 iOO-.l&J 110
Sr'dway fe 7thAv.--St,'k..'193
l9t mort.. 53, 1904 -J&D 105

»,»bnry Park

3.079.4

88.317.3
82,674.0
95,324,*

Citr Railroad Secnrities— Brokers' Quotations.
Atlantic
tlantio Av.,B-klyn.St'k.|120
Av.,B-kl3m.St'k.|120

5,152.1
18.654.9
3.518.2

12.405.6
4.693.0
3,329.1
8.060.5
4.55^.2
4.188.4
8,795.8
2,023.9
4.715,8
2,039.0
3,915,0
1.280.0
9,I4»,4
4,030,0

6,635.1 13!,42,'i.6'3.238.4
5.442,9 129.dC.5,5;3,23U.3
4,891,6 130,878,6 3.23i.0

28,871,0
27,141,0
28.742.0

98,709,0
98,880.0
96.843.0

two ciphen in

deiphia, the item

S

»

81,133,0 29,832,5 390,325.0 3.533.8 491.938.9
85,765.l!32,963.1 39 •',177,5 3,558,6 762.442.9
9O,162,0;35.29.S,6 105.471.3 3.662.6 621.779.4
90,2H8,9:il 6,435,4 41lio44!7l3!50.5io'533!26l|tf
88,810,1 33,518.4 416,3l3,oi3,407,l;863,491,l

2,377.0

8.37.2
1-20.7

*. Vorli.
Jan. JO... .1132,495,5 383,955,4
"
17... .132,495.5 3.S3,414,H
" 24.., . 13i.495,5 315.557,2
"
31 ., .13^.495,5 38n.68S,9
Feb. 7 .. 132,495,5 397,802,0
ifoaton.
Jan. 24...
6,\812,9 155,498.5

332%
iSo"

ISO
130

107

Third
Tradeemen's. loo'
Ouifd States 102
100 ••' lOOV
WeslerB...

West

Side,

[Vol. LII.

THE (CHRONICLE.

272

PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.

nn^jTOX.

Centum

Per
"eg- Share Prlce«-not
Active Stocks.

Monday,

Saturday,
Feb. 7.

^ Indicates unlisted.

Feb. 9.

Tuesday,
Feb. 10.

I

Pricc»,

Wednesday,

Thursday,

Feb. 11.

Feb. 12.

Bange
Friday,
Feb. 13

of sales in 1891.

Highest.

Lowest.

Feb. 13 32% Jan. 12
6 Jan. 12
Jan. 3
93% Jan. 12
5%
89 Feb.
88 95
•88
95
'89
95
Jan. 20
130%
Jan.
89
127
89
89%
130
89««
Baltinioro A Ohio ^Ba«.J.lOO
128
113% Jan. 17
113 Jan.
•113% 114
'•
113%
•113% 120
1<10
l8t prcfprrod
205
Jan. 20115
Jan.
192
113
204
202
lO"
203% 203% 203 203
204
2d iircJcrrod
183% Feb. 5
46il76 Jan.
204 204
181
204 204
183
182 182
181 183
Boston A Albanv fBo»ton;.10O 183 183
Feb. 12
209%
Jan.
8371198
182 182
209
208" 209% 209
100
"
203 "a 208'« 208 209
Boston 4 Ivowell
20% Jan. 19
'201
626 16% Jan
19%
»19% 20
100 203 204
I9'e 20
20>4
Boston A Maine
19»«
40
Feb. 2
•19
19'e
Jan.
210
34%
19Js
39
19>a
100
39% 39% 39% 39
Central of Mass.
'38»fl 39% •39% 40
2,077 8568 Feb. 13 93% Jan. 13
40
100*
86% 856s 86% 10,500l
86
87 "4 87I4
87i«
Preferred
88
88
Jan.
14
57%
Jan.
2
61
873e
5458
100 87'8 88
56% 55% 5668 • 54% 5578 54% 50
tailc.Bur.A Quln.
56% 56
55
150 43 Jan. 5 51 Jan. 9
5514 55<>e
50
...
49
48%
Chic. Mil. A St. P. (PMD.IOO
24
Jan.
5
28
51
23%J!in.
51
50
Chic. A W. Mich. r.Bo»ton>.100
7 Jan. 6
514 Feb.
4
210
5% 6
6
••
50
6
...
•512.
Cln.Ban.ACleve.
15
I8I4
20HJan.
6
Jan.
2
6
1,770
19% 19% 19%
19
•18%
"
100
•18%.
Cleve. A Canton
•18%.
165 Jan. 7 169 Jan. 15
Preferred....
JW ns%
84'
415 82 14 Jan. 26 85% Jan. 6
"8414
84% 84
(Boston). 100
84
'siM
astern
84%
84%
"siifl 84%
215 20 Jan. 5 25 Feb. 10
24
"
Itchburg pref.
2414 25
2438 24^9
3 81 Jan 26 85 Feb. 13
85
85
100
85
85
FLA Fere Marq.
85
85
85
•2214 22%
1,230 17% Jan. 2 23 Feb. 10
a"o
2258 23
23
23
„^'
2213 22i58 2258 23
Preferred
22Js
44 Jan. 19 46% Jan. 9
610
2212
45% 45%
50
45% 45% •45%
Hunt. ABr.Top.ri'At/«>.
Feb. 3
'8 •45% 46
"
1,779 49 Jan. 5 51
"O 45% 45 a» 45% 45
49'e 50
49'8 50
49'8 50%
Prefen-fd
5OI4 ^058
5058
sola
Jan. 13 146 Feb. 11
140
"
35
145 150
50 50>s 505e
149
145
LehlKhVBlIey
145 146
145 145
6,030i 20i4Jan.
142
2\ 2438 Jan. 14
>142
22%
22%
100
22%
Maine Centra] CiM'on;.
23i« 23i«
22% 23 14 22'8 2279 2268 38% SO'e 37 'e 2,420 33 Jan. 2j 4158 Jan. 15
"
100 2314 23Js
Mexican Central
38% 38% 38% 38% 38
100 109 Jan. 2 lieu Jan. 15
100 *3778 3818 37»8 38's 112
112%
112
11214 114
N.Y. AN.Eng.
111
6
5! eOMFeb.
111
>111
8 65% Jan.
66 66%
"
100
«ti
Preferred....
68% 66
66
68% •06
68I4 •66
66%
•66
21% Jan. 2 2958 Jan. 13
28I4
5,509
27%
2768
50
(Bait.).
27%
Kortbem Central
28%
28I4
28%
28%
28I2
28%
Feb.
10
2
74
28%
Jan.
6358
71% 14,480
JJorthem Pacific (PhUa.).lWt 28% 7314
72% 73% 715e 72''« 71 6e 163
7278 74
7238 73
30 1G6 Jan. 2168 Jan. 6
"
100 72'e
168
Preferred
16734 167% 168
167% 167% 167% 168
51% 2,630 50% Jan. 2 52% Jan. 14
5158
51%
5158
Old Colony.... (Boston).lOO 168 168
5T%
51'e
5168 bVe
5168 51%
5178
29 Jan. 15 32 Feb. 10
l,020i
51%
50
'SO
30
(rhila.).
"
31
Pennsylvania.,
"
31% 31%
32
3H2 32
30
12,086 15'8 Jan. 27 17^1^ Jan. 7
50 *2Si4 30
"
Pblladel. A Erie.
16% 1658 161,« 16% 16% 16%
16'8 1611l«1613l6
16%
6I4
205'
6% Jan. 12
16%
4% Feb. 5 48I4
I6H1H
50
"
Phlla. A Reading
5% 6
6
6
61?
Jan. 12
6M
Jan. 26
2,52li 42
50
4414
Bunmilt Branch (Boston).
44% 446,. 44
46
45% 45% 45
'*
4618 4612
Feb. 5
461.)
230
5
Jan.
225
35
100 46
*
230
230
230
230
230
230
Feb. 11
2291s
9
8% 8% 1,1071 7% Jan. 2|
UnitedCos of N.J.rr/ii'n.n'jO '229_>«
8% 8%
8i4
8% 9
8% 858
81a
WesteruN.Y.AI'arJ'AHa.MOO
220
Jan. 1*
Mocha.
1,151 xl84 Jan. 29
191% 194
-' MliiCellane. Hfi
194% 193 194
193
]
191 195
Jan. 5>
196
1941s 196
Bell Telephone r*<«<o>0-100 195
42% 41% 42I4 1,198 3914 Jan. il2 43>4
41%
4214
42
42
M
41%
42
4214
17 Jan. 14
42
421s
25
"
16% 1,685 1314 Jan.
Best A Montana
16% 15% 16% 15% 260
I6I4 16% •16
I6I4 16ii
I6I4
Feb. 9
263
16»8
Jan.
3
246
95
25
"
ButteABoBton..
260
260 260
260 260 ••255 260
263 263
Feb. IZ
265
75! 49i4Jan. 27 53
25
"
•53
55
Calumet A Hecla
53
53
'51% 53
51
51
«50is
51
•50
Jan. 14
501*
48I4
49
Jan.
7
45%
(Balt.).lOO
201
•47%
Canton Co
48
48
48
48
•47
48%
50 Jan. 7
"
19
100 •4714 48
128 4668 Jan.
Consolidated Gas
47 14 4714 •47
47" 47"' 47 47
47 14 48
24 Jan. 9
155 20 Jan.
Erie Teleiihoue CBoifam^.lOO "47Js "23
•21
22% 22% •21%
•22
23
48% Feb. 10
4 23
Feb.
50 23 >«
47%
3,523
LaniBon StoreSer. "
48%
48%
48I4
48
486s,
14
48I4
48%
48%
48%
471*
47%
4718
52 Jan. »
Jan.
ThUj
50
341
50
Lebrh CoalANav
•50%
51
50% 50% 51
50% 50% •50%
1878 Feb. 10
51
51
Jan.
12%
».Eng.Teleiibone/fl"»('n;lOO
11,065
I8I4
17%
17%
18
18>4 1H%
I7I3
18''8
18
18%
17%
17%
89% Feb. 10.
(rhU.).lOO
Jan.
57
1,473
North American.
86% 86% 83H 85
86I4 *87''8 SSH
88
89% 89% 88
49 Jan. 31.
Jan.
42
8u«arReflnerlesH fiJo«('n;lOO •86
1,374
45%
45
46
45%
46
45%
4514
46
46
46%
4612
26 Jan. 5
"
46H!
25
Feb.
25
Thorns on-H'n El.H
413
25% 26
26
25% 25% 25% 25''8| 25'8 25'8 26
25'8 25'ti
25
26
23% Feb. T
"
Jan.
2I14
Preferred
11
6,375
23
22%
22%
22%
23
23
23I8
23
23%
23%
23%
2315
rights.
Ex
!x
West End Land...
• Bid and asked prices
no sale was made.
P.

29

28»8
558

30

29

Fe (BotUnO. \00
Atch. T.
"
10"
Atlantic & Pac.

A

28''8

27^8

28% 29
5% 51s

29%

27%

27%

28%
5%

5

5
•88

r

'

5%

f

IW

,

5%

I

I'rites

WO

A
Boston A Providence {Boslmi) 100
Camden A Atantic pf. (PAiia.). 50
(Bait.).

Thorn .Europ.E.Weldlf (Boston) 100
"
100
Water Power

.

50

"
95% 96% Westinghouse Elec.H
251
Bonds.— Boston.— „

60

CoUat. Tr. 4% g
IJH' "I^S ' 105
Pa. A N. Y. Canal, 78. .1906, JAD 120
1939, AAO;
Con8ol.58
J ;'
776» Perkiomen, Ist ser., 58.1918,
44% Pnlla.A Erie gen. M. 5g.,1920, AAOj
AAO
1920,
4
Gen. mort., g
id5%' PhUa & Read, new 4 g., 1958, JAJI
1st pref. Income, 5 g, 1958, Feb 1
iiref. income,
income. 5 g,
E. 1958, Feb. 1 t
101% 2d pref.
101% 3d pref. income, 5 g, 1958 Feb. 1,
1893, AAO
2d, 7s
101
1911. JAD
Consol. mort. 7s
90
1911, JAD
Consol. mort. 6g
92
AAO
1897,
ImprovementM.6 g.,

4

3'8
1168

II

12

.,,.,

.

77%
35 rAt.Top.A8.F.100-yr.4g.,1089, JAJ
44
100-year income 5 g., 1989.Sept.
7% 8
50
Burl. A Mo. River Exempt 68, JAJ 116
"
50 56
Ist preferred
,105
JAJ
1918,
Non-exempt 68
55
"
50
2d preferred
1910, JAJ
Plain 4s
51
48
-{Bait.). 50
_Central Ohio
.„ 88
•'
100
Chic. Burl. A Nor. Ist 5,1926, AAO ,101
Cbarl. Col. A Angusta
1918, JAD ilOl
2d mort. 6s
Cheshire preferred.. (Boston). 100
'•
Debenture 68
1896, J&D [lOO
100 118%
Connecticut A Pass.
S8
"
100 220 ......' Chic.Burl.AQulncy 48.. 1922,FAA
Connecticut River...
90
lyiH, AAO
Iowa Division 4s
,170
DelawareABound Br.(PAaa.).100
94%
'•
Chic.AW.Micb. gen. 5s, 1921, JAD
50 179
Har.Ports.Mt.JoyAL.
88
Consol. of Vermont, 58.1913, JAJ
Kan. C"y Ft. S.AMem. (Boston). 100
100
"
Current River, 1st, 58. .1927, AAOI
lOO'
K.C'yFt 8. AOulfpf
110
"
Det. Lans. A Nor'n M. 78 1 907, J A J
100
K. CltTMcm. A Birm.
I astern 1st mort. 6 g., I!t06, MAS 122%
67%
(Phila.). 50
Littlc'Behuylkill
120
Bree.Elk. AM.V.,lst,68.1933, AAO
Manchester A Law.. (iJostoiij.lOO
119
Unstampedlst, 68-...l»33,AAO §
(Halt.) 50
Maryland (.'cut ral....
66I4 K.C.C.A8pring.,l8t,5g.,1925,AAO i
ilOO%
Mine Uill A 8. Haven (i'/ii/a.). 50 66
54
K.C.F.8.AM.con.68,1028,MAN 5....--IIOO
50i
"
NesQuehoningVal
95%!
K.C.Mem. A Bir., Ist, 58,1 927, MAS 5
(Boston). 100
Northern N. H
K.C.St. Jo. AC. B., 78.. 1907, JAJI
North Pennsylvania. {I'liUa.). 50 81%
2
1
liL.EockAFt.8.,l8t,78..1905, JAJl
Parkersburg
(Bait.) 50
II

i

'

1

—

.

;
,

,

':,

I

1

I

:

'

!

.

;

'

i

1

1

I

Pennsylvania A N.W.
BaleU'h A Gaston
Butland
Preferred
Bealmard A Koanoke

{Phita.) 50l

'

(B(i».)100

I

100
60
100
(B«H.) 100 115
lit preferred.
100
(Boston). 50
WestKnd
"
Preferred
50
"West Jersey
{PhOa,). 60
"
Wast Jersey A Atlan.
50
Western Maryland..
{Bait.). 50i
Wllm. Col. A Augusta
Wllmlngt'n A Weldon
Wisconsin Ontral. (Boston). 100
"
Preferred
100
"
Worc'st.Nash.ARoch.
1(X)
MISCELUkKKOUS.
(Boston).
Allonec Mining
Atlantic Milling
City Passengei KK.
Bay State (ias

.

Centennial Mining...
lort Wayne El.ctrlcf
Franklin .Mining
Frencbni'ii'sHayL'nd
.Milling

Illinois HteclH

jl

2d, 68

"
"

82
30
6

15% 16

'

17% Easton AAm.lstM.,5s

AAO
FAA
Po'keepsie Bridge, 6 g-1936, FAA
Schuyl.E.E.Sidclst 5 g.l935, JAD
8teuben.AInd.,l8tm.,58. 1914, JAJ
1894, AAO
United N. J., 6 g
Warren A Frank., l8t,78,1896,FAA

3141

11120,

MAN.

74

Oxf.AClark.,int.gu.,6

Pltts.AConnells. I8t78.1898, JAJ
Virginia Mid., Ist 68. ..1906, MAS
1911 MAS
2d Series, 68
1916, MAS
3d Series, 68
1921, MAS
4th Series, 3-4-5s
1926, MA8
5th Series, 5s
West Va. C. A P. Ist, 6 g.l911, JAJ
West'n N.C. Consol. 6 g.l914, JAJ
111% Wllm. Col. A Aug., 68. 1910, JAD

iDterest.

194
(

145

200
f

.

IIOI4I

Generalmort. 4%8, g 1924,Q—
102%
Lehigh Valley, Ist 68... 1898, JAD 113
2d 7s
1910, MAS 1 137
Consol. 6
1923, JAD
129%
North Penn. Ist, 7s... .1896, MAN 112
Oen.M.78
1903, JA.I 123%
Pennsylvania gen. 68, r..l910, Var 126% 130
Consol. 6b, c...
1905.Vnr 116%....

Last price thia week.

114
116
108
103
99

106

.

1897,JAD

105%

Bonds.— Baltimore.— ,.,

A Wllm., Ist. 68.1910, JAJ. 118%
MISCELLANEOUS.
Hunt. A Br'dTop,Con.58.'95,AAO 101%
Baltimore— City Hall 68 1900, Q—
Q-jl
Lehigh Nav. 4%8
1900. (J—
FuudingOs
108%1109%
1014,
2d08,gold

1214

281^

I

6\i Elmir.

'
"•

And accrued

I

81%
37"

Con.M.,5 g.,stamped,1922,MAN

Phil. Wllm. A Bait., 48.1917,
Pitts. C. A St. 1.., 78.. -.1900,

g.l937,MAN
Piedm.ACum.,l8t,5g. 1911, FAA

99%

108

.

13

"
"

FAA

Atlantic City Ist 58, g., 1919,M&N 104
Belvldere Del.', Ist, 68. 1902, JAD
Catawissa, M., 78
lilOO, FAA'
Char. Cin.A Chie.lst 5k, 1947, (3—
CleameldAJeff., lst.tiH.1927,JAJ, 117
(3onncctiUK. 6«
lilO(i-04, MAS'
Del. AB'dHr'k, Ist.Ts 1905,FAA

'

••

1898,

„ Bonds.-Philadelihia.

Allegheny Val.,7 3 lOs, 1896, JAJ

2%

Q—

Atlanta ACharl., Ist 78, 1907, JAJ
1900, A&O
Income 68
Baltimore A Ohio 4g., 1935, AAO
Loul8.,Ev.ASt.L.,l8t,6K.1926,AAO5106
FAA
g...l925,
5
Conn.,
A
Pitts.
2—6
2m.,
.1936, iAO .
g
Stateu Island, 2d, 5 g.l926, JA.T
Mar. H. A Ont., 68
1925, AAO 6100
JAJ
S.W.,lst,4%g.l990,
BaLAObio
Exten. 6s
1923, JAD 5100%
Mexican Central, 4 8. ..1911, JAJ § 73% 74% CapeF.AYad.,Ser.A.,6g.l9l6, JAD
1916, JAD
8erie8B.,6g
lstcon8ol.lncomcs,3g,non-oum. 5 37% 38>4
1916. JAD
Series C, 6 g
2d consol. incomes, 3s, non-cum.
1930, MAS
Cent. Ohio, 4% g
N. Y. A N.Eng., Ist, 7e, 1905, JAJ 123%!
Charl. Col.AAug. Ist 78.1895, JAJ'
Ist mort. 6s
1905, JAJ 115%!
Ga.Car. ANor. I8t5g..l929, JAJ
2d mort. 68
1902, FAA ,10414 105
1900, JAJ
North. Cent. 68
2d mort^ scaled, 58 ..1902, FAA il03
1904, JAJ
68
Ogden. A L. C, Con. 6b.1920,AAO >104
1926, JAJ
Inc. 68
Series A, 58
1920
1925, AAO
Butland, 1st, 6s
4%8
1902, .MAN )110
I

(Ball.)

•

{

I

130
1

(Boston).

Kcarsargr Mining...
„^.,
,^
Morris tauiil guar. 4 (Phtla.)
.100
'•
Preferred guar. 10
100 195
{Boston). 25
Oaeeola Mining
"
Pewaliic Mining
23
"
Pullman Palace Car..
100 192
Qulncy Mining
26
'JO
"
TaDiara<'k Mining....
25 143
•'
100
ThomB'nElee.W' *»<r
% UDllste<l.

I

15%

Boston l4ind

Bnron

5

(Bosfoti).

Ask;.

1^19, Var 112

72%'IPenna. Consol. 58, r

II

ji

"

Catawlssa

Bid.

Bonds,

Ask.

Bid.

Inactive stoclts.

of February 13.

Charlotte

Atlanta

Ask.

Bid.

Inactive Stoclts.

West .viaryl'd ER.
Water 58
Funding 58
Exchange 3%8
Chesapeake Gas, 6s

68. .1902,

JAJ

1916, MAN
1916, MAN.
1930. JAJ
1900, JiD
Consol. Gas, 6s
1910, JAD
1939, JAJ
58
Equitable Gas, 68
1913, AAO
Vlririnia (State) 3s. new 1932. JAJ

119

February

IHK CHRONICLE.

14, 1891.

NEW YORK STOCK EXCHANGE PRICES
BlILROAD ASD

MWCKU

\t

Cfoir'iifl

^

.

(mien) in 1881

BOXD8. g*!" «1 ITier

At.Top.A8.P.-100-yr.4g.l989 J * J
1089i 8ept
100-ycnr Income a g
Atl. .V rue.- W.D. luo., tid.lttlO'
19:17 J
«imrniitfo<l. 1 (f

I

!

Brooklvui:ievate<ll8t6.K.1924 A
Oan.Boiitli.— l»t guur., 5B.1908 J

Loicett.

78

78j4

*i\

43%
12

I'iisl).

& J 73 "4

& O

& J 107
1913M&8 99
2d, ftf.
:.
OenU-alorN.J.-Cono. 7H..1899! Q-J ll.J
1902 M A N 121
Coii80l.,78

b.
b.

Ches. & Olilo.-Mort.
I8tcou80l. 5g
R.

&A.

Jan.
Jan.
14
Jan.
75 Jan.
112>4Jan.
107 Feb.
99 Feb.
115 Jan.

<t

J

7o

I

\'^"t<>»' Feb.

Central— Extend., 58 1893 M
Ist, coupon., 7s
1903 J
Deben. Ss, coup., 1884. ..1904 M
N. Y. A Harlem— 78, rcg...t9<H),M
N. Y.Chlo. A8t. L.—4 g....l937tA
N. Y. Elovated-7s
1 906 J
N. Y. Lack. A W.-lst, 6s.. 1921 J
Construction, 88
1923 F

la

Lowal.

|

Btgluit.

N. Y.

...

I

I

6k..19U'A &0'117iaa. lis Jan.
95 "s Jan.
1939 M & N lOOig

Dlv.. lBtcon.,lK.1989 J

AI.D Mn«;.L.

19,

A N lOlT.b,
.101% Jan. 10214 Feb.
"•
A J I2«>ab.
126% Feb. 127% Jan.
A 8 105 b. 109 Jan. no J«n.
A N 123 b. 122's Feb. 122i«Feb.
9414
A
91 Jan.
A J 112
111 Jan. !l 121a Ian.
A J 130iaa. 127% Jan. 132 Jan.
b. 108
A „
„
A 107 _.
Feb. ,lo8i4 Feb.
l-'2
Feb. N.Y. L.E. A W.— l8t,oon.7g.l920,M A 8 137ieb. 133 Jan. 137% Feb.
LongDook,78
lloiaFeb.
1893 J A D 106 b. 105 Jan. 106% Feb.
Consol., Og
113 Jan.
1935 A A O llC«ab. 115 Jar. 117 Jan.
2d consol., 6 k
1969'J A I> lOOifl
96!S8Jan. 101% Feb.
N. Y. Out. AW.— l8t,6g...l914,M A 8 11238b. 111% Jan. 1131, Feb.
11081a Jan.
Consol. Ist, 5g
112:11, Jan.
1939 J A D 96ia
92% Jan. 97i8Fcb.
117 Jan. N.Y.Sua.AW.— l8tref.,5g.l937,J A J 9912b. 94 Jar. I0014 Feb.
Midland of N.J.-6g
100 la Feb.
1910 A A Oll4isb. 112 Jan. II414 Jan.
Norf. AW.— 100-year, 5 g. 1990 J A J 9213b
93 Jan. 100 Feb.
71 la Feb. North.Pac- lst,coup.,6g.l92l J A Jll5»i
113 J.,u. Ill6% Feb.
General. 2d, coup., 6 g... 1933 A A O 112isb. llOieJac. ill4
73 Feb.
Feb.
General,3d, coui). 6g....l937 J A D HOia [107 la Jan. 113i4Fcb.
107 "a Jan.
Consol mort. 5, g
.12:!
1089 J & D BS'a
Jan.
82 Jan.
85''8Jan.
00^8 Jan. NorthPao. A Mon.—6 g...l938 M A 8 108 b.! 104 Jan. lOBij Feb.
95 Jan. No.PaciUcTer.Co.— 6 g...l933'J A J 106 b.' 106 Jan. 108 ij Jim.
hH%Jan. OhioAMUs.— Cons.s.f.- 7.1898'J &J*lll%b. 111^ Feb. 112 Feb.
Consol., 78
114% Fob.
1898'j A J;112 a.' limJ^P. 111% Jan.
121
Jan. OhioSoutnem- I8t, 6g....I921 J A D 107 b.i 1031a Jan. 106 J.in.
General
iiHiaJan.
mort., 4 g
1921, M AN 62isb. 55
Jin.
63 Feb.
89 Jan. Omaha A St. Louis—4 g.... 1937 J A j' 57i«b. 53 Jan.
581s Jan.
1251a Feb. Oregon Imp. Co.— I8t,6g..l910'j A D lOliflb. 90 Jan. 103 Feb.
112 Jan. Ore.B. ANav.Co.— l8t,6g.l909 J A J 109ia 107 13 Jan. 10913 Feb.
Consol., 5 g
114 Feb.
1925 J AD'OSija. 92 Jan.
94 Jan.
106 la Jan. Penn. Co.— 4i3g., coupon .1921 J A J 104igb. 105% Jan. 106 Jan.
Peo.
Dec. A Evansv.— 6g..l920 J A J 102 b. 100 Jan. 101
98 Jan.
Jan.
EvansvillcDlv.- 6 g
103 Jan.
1920, M A 8 104 a. 95
J <i: 10li4Jan.
102 :u Jan.
2dmort.,5g
1926 M A Nl 70
66 Jan.
Feb.
701a
9I4
H7 Feb. Peoria A East, consol. 48.. 1940' A A O
7519 Jan.
80 Feb.
Inconie,48
109 Jan.
1990 April. 21
18 Jkd.
22 Jan.
Ill
Feb. Phlla. AKead.— Gen.,4g..l958 J A Jl 81%
78% Jan. 82 Feb.
HO
53

Jan.
Feb.
Jan.
Jan.

General mortffaEe, 5 (5...1987 J & J 110%
Leh.&W.B..con.78.,a8'8d.l900 Q— M
1912;M & N! 97 b.
do uiortinitre, ft»
Am. Dock & Imp., 58.... 1921J &J" I0«'4b. 10a Jan.
Central PaoiUc-GoId6«...1898 J AJ'112»ab. 11 2% Jan.

HO

RXILKOAD

Illghett.

|

72
109BnJan.
105 Jan.
95>aJan.
115 Jan.
121 Jan.
107 Jan.
110 Feb.

lllHi

AND SINCE JAN. I, HOI.
^«"B.>..^ JTny.lj^^ai'.yi *"^ f»^f <"

(ContlnnedV— ^C'/'/f^/'' IfONDS FEB.

iiiinge

\Ptnod. Feb. 13

278

b.

67 Jan.
& J 70
68 Jan.
i J '1.
do
1911 F & A fOSKib. 104 Jan.
Ohes. O. A So. W.-B g
b.
122
12
Us Jan.
7...1903IJ
&
J
Ohic. Burl. AQ.-Cou.
1913 M & N 98 b. 98I4 Jan.
Debenture 68
92i«
h.
1922|F
A;
88
Jan.
&
Denver Division, 48
Nebraaka Extension 49.. 1927 M & Nl 86 b. 86 Jan.
D»14i4b.
113
J
A
Jan.
aic.AE. lU.-lst, 8.f.,ti8.1907
1934 A A O*120 b. 120 Jan.
Consol.ag
General ronsol. 1st, 68... 1937|M A N,'98 a. 99 Jan.
Chlc.Gas.L.AC.-l8t,5g.l937 J A J .,87^^ 83iaJan.
Ohlc.Mil.&St. P.-Con.78.1905 J & J|!124 b. 120 Jan.
l8t,8oiitUweatDlV.— 08..1909 J & Jill b. 110 Jan.
Jan.
let. So. Mill. D1T.-68....1910 J A J 113 b. 110
104 Jan.
Ist.Ch.APac.W.Dlv.— 58.1921!J A J 105
951a Jan.
CMc.AMo. Riv. Div.— 58 1926 J A JJ »8
Jan.
Wis. A Minn. IMT.-6 g.. .1921J A J* lOl^b. 101
1914 J A J lOOM). 101 Jan.
Terminal, 5 g
Gen.M..4g..8erie8A....1989 J A J; 8o%b, 8478 Jan.
MUw.ANorth.-M.L., 68.1910 J A D HI b. 107 1« Jan.
1913 J A DUO b. 107 Jan.
1st, con., 68
Ist pref. income. 5 g
54%
1958 Feb.
Chic. A N. W.-Consol. 78..1915[ Q-F ,136i4b, 136% Feb. 131)12 Jan.
53 Jan.
58 Jan.
2d pref.income 5 g
3514b. 341a Jan.
1902 J A D J'^e^b. 125 Jan. 127% Feb.
1958 Feb.
Conpon. Kold,78
381a Jan.
3d pref.lnoome 5 g
28
1929 A A O 114 b. 115 Fob. 115 Feb.
1958 Feb.
8lnkingfuud68
27 Jan.
30 Jan.
1929!A A O 107%b 105 Jan. 108i4Feb. PittsburgA Western— 4g.. 1917 J A J 8OI4
8lnklnKfuud58
81 Feb.
751a Jan.
Rich. AUanr.- Con.,6g...l915 J & j'117>a
Sinkluit fund deben.58... 1933, M A N 109 b lOeifl Jan. 108 ^^ Jan.
115 Jan. 118 Jan.
Cousol., 5g
1909' M AN lOo^ib. 104 la Jan. 1051a Feb.
1936 A A Ol 89%
25-year debenture 5s
SSiaFeb.
91 % Jan.
1926 F A A' 94 b 961a Jan. 1 00 Jan. Rlch.AW.P.Ter.—Trust 6 g 1897! F A A 97
Exten8Uin48
97 Feb. IOOI3 Jan.
Con. Ist A coL trust. 5g.l914'M A 8 7418
9713 Jan. looJa Jan.
Chic. I'eo. ASt. Loul8-5g.l928M A 8 99>4b
68% Jar. 75 Feb.
Chlc.R.I.APac.— 68,coup.l917;J A J 12714a. 124 Jan. 1261a Jan. Rio G. Western— l8t, 4 g... 1939' J A J 75%
74 Jan.
7713 Feb.
R. W. A Ogd.— Con., 5s.... 1922 A A
96 '8 Jan.
1934'J A J 97^4
106% 105 Jan. 107 Jan.
Extension A col. .58
991a Jan.
St. Jos. A Gr. Island- 6 g. 1925 MA
87 b. 84 Feb.
Cbic.St.L.&Pitt.— Con.,5g.l932tA A O! 98 b,
921a Jan.
109 b. 110 Jan. 110 Jan.
Jan. 119 Jan. 6t. L. Alt. A T. H.— Ist, 79.1894 J A
Chic. St. 1'. M. A 0.-68.... 1930 J A DH7>2a. 116
2d, pref., 78
105 b. 1041a Feb. 107 Jan.
90 Feb.
1894 F A
Cleveland A Canton— 5 g.. 1917 J A J, 91 a, 871a Jan.
129 Jan. 132 Fob. 8t.L.Arlc.ATex.— lst,6s,t'st.rec.
smb. 78% Jan. 82 Feb.
C. C. C. AI.— Consol. 7g...l914 J A D
2d, 6s, 1936, tr. rec, aU ass.pd
igifib.
1934'J A J 120iaa. 117 Jan. 118 Jan.
General consol. 6 g
19 Jan.
21 Jan.
lab.
101
8t.
L.
F
A
Iron
lOHa
A A
102 Jan. 106 Jan.
Mt— 1st, 78..18921F A A
Col. Coal A Iron— 6 g
1900
101 la Feb. 105 Jan.
2d,7 g
71 Jan.
Colorado Miill'd— Con. 4 g. 1940 F & A 70 a. 691a Jan.
1897|M a N 107 b. 105 Jai. 107 Jan.
98I4 Jan. 100% Feb.
Cairo&Fulton— Ist, 7 g.l891 J A J lOOia
86 Jan.
Coi.U.Val.ATol.— Cou.5g.l931 M A S 83 b. 80% Jan.
CalroArk. ATexas- 7g .1897' J A D 105 b. 103% Jan. 106 Feb.
1904'J A D 8508b. 84 Jan.
86 Jan.
General, 6g
11818
Jan. ll8i«Feb. ,Geu. K'y &landgr.,5g..l931 A A O 93
Denver A Kio Qr.-lst, 7 g.l900 MAN
93% Jan.
911a Jan.
1936[J A J 8214
— 116
79 Jan.
83 Feb. St. L. A San Fr.— 6g.,Cl. A.1906 M A N 112
l8tconsol.,4g
110 Jan. no Jan.
6g., ClaasB
Det.B.CityAAIpena— 6g.l913 J A J| 94 b. 91 Jan. 9612 Feb.
1906 M A N 112
111 Jan. II214 Feb.
32 Feb.
6g.. ClassC
1906'M A N 112
Det. Mac.AM.— l-'dgrants.l91l!A A O' 30 b. 291a Jan.
111 Jan. lll'sJan.
General iuort.,6g
95 Jan. 100 Jan.
Dul. A Iron Range— 5a. ...1937 A A O 100
1931 J A JilOS
108 Jan. 110 Jan.
95 Jan.
99 Feb. 8. P. M. A M.— Dak.Ext., 6g. 910 M A N 118
Dul. So.Sh. A Atl.— 5g....l937!J A J| 99
115 Jai. lis Jan.
1st consol., 6 g
E.Teiin. V. AG.— Con., 5 g. 1956 MAN lOli^b. 101 Jan. 1 04 Jan.
1933 J A J 116
Feb.
1141a Jan. 116
103i4Jan. 108 14 Feb.
Do
reduced to 41a g... J A jll02iab. 102 Feb. 102 13 Feb.
Knoxvllle A Ohio— 6g...l925:J A J|105
Montana Extension 4 g..l937 J A DI 86 b. 80 Jan.
90 Jan. 95 Jan.
«Uz. Lex. A Big San. —6 g.. 1902 M A S' 94^
87 Jan.
99^9 Jan. 105 Jan. San A. A Aran. P.— Ist, 6g.l916 J A J 73
Ft. W. ADenv.Clty— 6g...l921'J A D 102
62 Jan.
74 Feb.
l8t,6g
73 13 Feb.
Gal.H.ASanAn.- W.Div.l8t,5g. M A Ni 93J«b. 931a Jan.
94 Jan.
..1926 J & J 73
62 Jan.
1132
Han. ASt.Jos.- Cons. 68 ..1911 M A 8,116% 114i4Jan. 117 Jan. Sheu.Val.- lst,7g.,Tr. rec.1909
132
126% Jan.
Feb.
Gen'l 6g., Tr. rec. a«s't'd.l921
61 14 Jan.
1952A A O 96i4b. 96 Feb. 9GiaJan.
58
61 14 Jan.
IUinoi8 Central- 4 g
1105
Int. A Gt. No.— 1st, 6 g.... 1919 M A N HSiflb. HI
Jan. 115 Jan. 60. Car. -Ist, 6 g.,ex coup. 1920
103 Jan. 107 Feb.
Income, 68
20
Coupon, 6 g., trust rec... 1909 M A Si 72>2
76 ,Ian.
72 Jan.
22 Feb.
1931
13 Jan.
Iowa Ceutral-lst, 5 g
84 Jan. Bo. Pac, Ariz.— 6 g
1938 J A dI 81 b. SO'^s Jan.
102 Jan. 103 14 Jan.
1909-lotJ A JIlOS
Kentucky Ccntral—4 g....l987'J A Jl 81
8212 Jan. 60. Pacitlc, Cal.—6g....l905-12lA A o'lHiab. 112 Jan. 11213 Feb.
781a Jan.
Kings Co. El.-lst, 5 g
Ist, consol., gold, 5 g
1925 J A J 100 a. 99% Jan. lOOU Jan.
1938 A A O 101 ~ 99 Jan. 101 Jan.
81 b. 78 Jan.
LacledeOas— Ist, 5g
82 la Jan. 80. Pacific, N.M.— 6 g.
1919] Q— F
1911 J A J 102 b. loaUJa'. 103 13 Jan.
109
Lake Krie A\VeBt.-.5 g....l937|J A J
94 Jan.
1051a Jan. 109'h Jan. Tenn.C. I.ARy.— Ten.D.,l9t,6g'A A O 92 b. 86 Jan.
96I3 Jan.
LakeSliore.-Cou.op.,l»t,7».1900 J A J 119 b. 12013 Jan. 122% Jan.
Birm.Div.. 6g
1917iJ & J 94isb. 93 Jan.
Consol. coup., 2d, 79
1903.1 A D,124
89'8 Jan.
12a Jan. 124 .ran. Tex. A Pac— Ist, 5 g
20O0'J A D 87 b. 8519 Jan.
Longlslaud— Isl, con.,5g.l931 Q—J il)4 b. 110% Jan. 114 Feb.
35 14 Jan.
2d, Income, 5 g
31 Jan.
2000 March. 32
Geueralmortgagc, 4g...l938|J A D: 91 b. 90 Jan.
9212 Jan. ToL A. A. A N. M.— 6 g
1924'M AN 94i8b. 93 Jan. 95>a Jan.
Loui8V.ANa.shv.— Con., 7s. 1898 A A 0'114%b. 113 Jan. 114 58 Feb. Tol.A.A. AGr. Tr.— 6g....l921'J & J 106 b. 104 Jan. 107 Feb.
N. O. AMob.— Ist, 6g...l930 J A J 117 b. 114 Jan. 117 Feb. Tol. A Ohio Cent.— 5 g
102B8Jau 1071a Jan.
1935'J A J 107
do
2d, 6 g
1930'J A J 10619b. 107 13 Feb. 108 Feb. Tol. Peo. A West.—4 g
1917, J A J 74isb. 74 Jan.
77 Jan.
E.H.AN.-lst, 6g
1919J A D llOisb. 1121a Jan. I1212 Jan. Tol. St. L. A Kan. C— 6 g.. 1916 J A D SB's
83% Jan. 91 Jan.
General. 6 g
1930 J A D112i2b 13 Feb. 11312 Jan. Onion Pacilic— 6 g
1899 J A J 114
113% Jan. 1-14 Feb.
Collateral trust. 5 g
1931|M A N 101 b. 101 Jan. I10312 Feb.
Sinking fund. 88
111% Feb.
1893 M A 8 111% 108 Jar
Louis. N. A. A Ch.— 1st, 6s. 1910 J A J'109is
CoUat. trust 41a
72 Jan.
106 Jan. 'ill Jan.
1918 M AN 69iab. 70 Jai
Consol., 6g
1916'A A O 90
Kansas Paciflo— Ist, 6 g. 1895 F A A 107%b. 110 Hi Jan. 111 Jan.
84% Jan. 95 Feb.
Ixiuis. 8t.L. ATexas— 6g..l917iF A A, 83
88 Jan.
l8t,6g
78 Jan.
1890J A D 110 tt'
Metro. Elevated— l8t, 6 g. 1908 J A J 115
DenverDiv.— 6 g
11158 Jan. ill5 Feb.
1899 M A N 111 b. Ill Jan. Ill Jan.
2d, 68
lstcousol.,6g
1899 M A N 104 u. 104 Jan. |l05ia Jan.
1919 M AN Ill
108 Jan. 1 11 Feb.
Mloh. Cent.— l8t, con., 78. 1902 M A N 123
Oregon Short Liue—6 g..l922lF A A 1041a 102 13 Jan. 10613 Jan.
122 Jan. I2312 Jan.
Consol., 5s
1902|M A N 106 b. 10714 Jan. 108 Feb.
Or.S.L.&Ut'hN.- Cou.5g.l919 A A O 77
80% Feb.
77 Feb.
Mll.Lake8h.AW.— l8t,6K.1921 M AN 122i2b. 118% Jan. 123I4 Feb.
82 Jan.
U.P.Den.A Gulf cou. 5 g.l939'J A D 80%
78 Jar.
Exteu. A Imp., 5 g
1929'F A A 100 a. 98 Jan. 101 'e Jan. Onion Elevated— 6 g
109
b.
Jan.
MAN
IO913
1937
106 Jan.
M. K. AT.-l8t48, g
1990 J A D 78
74% Jan. 79 1« Feb. Virginia Mid.— Gen. m.,5s, 1936 M A N 87 b. 81 Jan. 89% Feb.
2d4s.g
44
1990F A aI 41»a
Jan.
87
b.
90
Feb.
do
12
stamped guar. M A N
83 Jan.
361a Jan.
Mo. PaclBc- Ist, con., 6g.l920M A N 108%b. I0514 Jan. 108 Jan. Wabash— Ist, 5 g
1939 M AN 101 la
98 J-iL. 102 Feb.
3d, 78
1906'M A N *115 b. 115 Jan. 115 Jan,
72
Jan.
2d mortgage, 5 g
77%
70 Feb.
1939. IF A A
Pac.of Mo.— lBt,ext.,4g.l938 F A A' 97
Debent.M., series B
35 Jan.
97 Feb. 100 Jan.
1939 J A J 30 lab. 30 Feb.
2d mort., 7s
189i:J A J 100 b. 9913 Jan. 100 Jan. WestBhore— Guar.. 43
2361 J A J 10238 100 Jan. 103 Jan.
Mobile A Ohio— New, 6g..l927 J A D 113 b. 112 Jan. 115 Fob. WestN. Y. APa.— 1st, 5g.l937,J A J 100 b. 96 Jan. 101 Feb.
General mortgage, 48
35^8 Feb.
193HiM A 8 OS's
70 Feb.
2dmort.,3g.,5sc
3013 Jan.
63 Jan.
1927 A A O 34H
Mutual Union Tel.— 6g.... 1911 MAN 104 b. 102 J.an. 104% Feb. West. Un. Tel.—Col. tr., 53. 1938 J A J 99isb. 98 Jan.
99% Feb.
Nash. Ch. A St. L.— Ist; 79. 1913 J A J 125''8b. 125 Jan. )12(!i2 Jan. Wls.Cent. Co.— 1st, 5 g
97 Jan.
1937:J A J 95 b. 95 Jan.
Con.Sg.
34 13 Jan.
1928 A A O 104 b. 1051a Jan. 106 Feb.
45 Jan.
Income, 5 g
41
1937
do

l8toon..2-4tf.l989 J
2d eon., 4 g... 1989; J

>•

I

I

1

1

I

'

I

.

1

.

1

1

1),

I

1

.

1

1

.

.

I

I

I

'

SOTE— "b" iuillcales

price but; " a" price cuhed

;

the Kiimfe

NEW YORK STOCK EXCHANGE
SECURITIES.

Bid.

Ask.

made up from

actual sales only.

*

PRICE»-<Coiitlnned).— ZAUCr/FE
SECURITIES.

B.AO.— Mon.

Railroad Bonds.

is

Bid.

Latest price this week.

BONDS—FEBRUARY

13.

SECURITIES.

Ask.

Bid.

Burl. Ced.

^eai'lOhio Rcor.— Ist, 4%«. 1930 101% 103
1936
ieech Creek- l.st, gold, 48
95% Iowa C. A West.— Ist, 7s.. ..1909
Ced. Rap. I. F. A N., Ist, 68.1920
Bost. H. Tun. A W.— Deb. 58.1913 102%
1921
Srooklyn Elevated— 2d, 3-58.1915
85
Ist, 5«
87
C.Ohio— ;ol. Aan.M.l9t,4%8.1939
dutt. Boch. A Pilt.><.— Gen., 5s.l937
97%
1921 117
;ent. RR. A Bank.—Col. g.5».1937
Roch. APitts. -iKt, 68
58 gol d
114%' Chat. UomcA Col.— Gtd.g.58 1937
1 i»2 5 105
Conso'.idat'dl8t.6s.l922 113
do
Cons, mort., gold, 58
Bav.AWcst.- lstcon.gta.5o.l929
1988 107%
•Inri Ced. Rap. A- No.— I8t,5s.l906
96% 98
AO. S. W., Ist. c.. 4 las... 1990
Consol. A colliit. trust, 6s... 1934
96
87% !eni. of N. .1.— Coav. deb.. Hs. 190"
>o price Friday; these are the latest quotivtlona m-ide this week.
/Stock Eje'iiii Qc f'ricm./

Alabama Mid.— lat, g., 69
1928
88% 91
Atlantic A Danv.— Ist g., 6s.. 1917
Atl. A Pac— 2d W. l).,gu. 6fc,.1907
Bait. A Ohio— l8t, 68, Park B.1919 115%

103
95

.

,

8«>*

i

J.

Ask.

Rap.ANo.— (Contin'd)Minn. A St. L.— Ist, 7s, gu..l927

Riv.. 1st g.,g.5«.1919

I

iiii"'

TRE CHRONICLK

274
XF.W

[V^OIm lii.

-FEBRUARY
YORK STOCK EXCHANGE VVilCES.-INACTIVE BONDS-rContinuedJ
Bid.

SECCEITIEg.

Bid.

8ECTJEITIE8.

Ask.

(Stock Exchange Prices.)
Central Paeiflc—GoM bds, 6«,

189o 108 14
1896 109'8
Gold bonds, 68
1897 no's
6«
Goldbonda,
1900
Ban Joaquin Br.. 68
100
8or.B.6s..-1892
Cal. AOredon—
1939
Mort. RoldSs
100
1900
5b.
I^indio-ant,
g
West Padtlc—Bonds, 69. . .1899 108
No. Railway (Col.)— Ist, 68.1907
193S •ibo'
SO.year 5e
Chea. i O.— Pur. M. fund, 6s. 1898 112
1908 1181s
6e. fold, series A
.

Ga. So.

101
01

A Fia.-l9t,

g. 63.

. . . .

.1927

Grand Kap. A Ind.-Gen. 59.. 1924
Green B. *. A St. P.— Ist 69 .1911 * 80
25
2d income, all subs, paid
Housatonic- Cons. gold59. -1937 •104
N. Haven A Derby, Coii8.58..1918
Hous.ATex.C- l9t, m. 1. 79.Tr.reo. 114
W^est Dlv. 73,Tru8t receipt9.1891 114
1901 112
1st Waco A >"or.—7s
2d m.Ss.M. 1. Trust receipts. 1913 125
871s
Gen. mort.68,Trust receipts. 1925

113

'

1191* Illinois Central— l8t,

g.,

49

. . .

1951
1951

89
Ist, gold, 3I2S
77
Che*. O. & So. West— 2d, 68. .1911
Springf. Div.— Coup., 6s. ...1898 108
1893 10458
Clilc8KO& Alton— 1st, 78
112
1921
Middle Div.— Reg., 59
1903 1201a
Sinking fund. 68
C. St. L. AN. 0.-Ten.l.,7s.l897 110
Louis. & Mo. Elver-lst, 78.1900 116
1897 '110
l9t, eonsol., 73
1900
2d, 78
1907 115
2d, 68
107
»a
8t. L. Jacka. * Chic— lst,78.1894
1951 107
Gold, 58, coupon
1894 107 »a
1st, jnior, (564), 78
1951
49
l8tg.
Dlv.,
Memp
1898
2d niort. (300), 79
Dub. A 8. C— 2d Div., 78 ...1894 'IO3I2
1898
2d, CTiar. (188), 78
87
lst,78..1907
Falls&Minn.—
105
Ced.
Miss.K. Bridt-e— 1st, s. f., 6S.1912
Ind. D. A Spr.- Ist 7s, ex. cp.l906
Ohlc. Burl. 4 Nor.— l)eb.63...1896 100
104i«
1947
.M.
5s
West.—
Dec.
A
Ind.
Chic. Burling. & (3.-58, 8. f..l90]
1948
2d M.,inc. 59, tr st rec
Iowa UiT.—Sink, fund, 58.. 1919 105
721a
Inter. & Gt. Nor.— Coup. 69. 1909
1919 9208
Sinking fund, 48
7413
85>2 8914 Kanawba & Mich.— Mort. 48.1990
1921
Plain, 43
l8t,58.1938
971^2
C.Wyan.AN.W.—
Kan.
Chlo. & Indiana Coal— Ist 5S.1936
L. Sh. A M. 80.— C. P. AA.— 79.1892 IC61*
Chi. MU. & St.P.— l8t,88,P.D.1898 116
117
Buff. A Er.— New bonds, 78.1898 116
1898
2d, 7 3-lOs, P. D
1906
124
Det. M. A T.— I8t, 73
Ist, 7», I g., R. D
1,902
IO8H1
Lake Shore— Div. bond8,78.1899 117
lst,I^Croaee Division, 78.1893
Mahon'g Coal RR. -Ist, 58.1934 105
l8t,I. & M.,78
1897 IISH 115
Kal. All. A G. R.— let gu. 5?.1938 107
1st, I. A D., 78
1899 114
1903 120
Lehigh V.,N.Y.— 1st gu.g.4i33.1940 103%
Ist, C.AM., 7s
123i«
126
1st, I. A D. Extension, 78. -.1908
1 .itchf Car. A West.— l8t 6s. g.l916
1898 114
Ist, La C. A Dav., 5s
1919 lOOia 102
I«ngl9land— l9t, 7s
11938
lBt,H.A D.,78
1910
1201s
N. Y. A K'way B.— Ist, g. 58. 1927
30
103
1927
1st, U. A D.,59
1910
2draortg., inc
Chicago A Paeiflc Div., 68. .1910 115 120
Smithtown&Pt.Jeff.— lst,7s 1901 107
86I2
Mineral Point Dir. 59
1910 96
Louis.Evans.&St. L.— Con.5s.l939
C. A L. Sup. Dlv., 58
1921
Louis. ANash.-Cecil. Br, 7s. 1907 104
Fargo A South., (38, Absu...1924 110
1920 lOTH
Pensaeola Division, 6s
120
Inc. conr. sink, fund, 59
1916
St. Louis Division, let, 69... 1921
Dakota A Gt. South., 58. .1916 95
55
1980
2d, 38
Ohlc.AN.W.— E8C.AL.8.l8t,69.1901 106
115
Nashv. A Decatur-] st, 79. .1900
DcsM. A Minn.— 1st, 78.... 1907 121
1910
S. f., 69.-8. A N. Ala
Iowa Midland— Ist, 89
1900 '127
1924 101
10-40, gold, 69
Peninsula— 1st. conv., 7s. ..1898 115
1937
50 vear 59, g.,
Chic. A Milwaukee— Ist, 79.1898 115
1940
Unified, gold, 48
Win. A St. P.— 2d, 78
1907
Pen9. A At.- 1st, 69, gold. .1921
02%
Mil. A Mad.— l8t, 68
1905 112
Na9h. Flor. A S. l9t gu. 58.,1937
98
Ott, C. F. A .St. P.— 1st, 58.. 1909 106
Lou.N.Alb.&Ch.— Gen.m.g.5s.l940
Northern 111.— l8t, 5s
1910 106
Lou. N. O. A Tex.— let, 4s.... 1934
88%
O.R.t.AP.— D.M.AF.D.,l8t4s.l905
76
2d mort., 53
1934
Ist, 2>29
1905
Memphis A Charl.- 6s, gold. .1924 1031s
Exteu9lon, 48
1905
1 st con. Tenn lien, 78
Inl5 120
Keokuk A Dcs M.— 1st, 5s.. 1923 89
Mexican National- lst,g.,69.1927
87
Ohlc. St. P A Kan. City—Ss.. 1936
2d, income, 6s, "A"
1917
Minn. A N. W.— l9t, g., 5s.. 1934
2d, income, 68, "B"
1917
OhIc.St. P. A Minn.- Ist,6s...l918 121
Michigan Central— 6s
1909
St. Paul AS. C— 1st, 68
1919 123
Coupon, 59
1931 *112is
Ohfe. A W. Ind.— 1st, s. f., 6s. 1919 106
Mortgage 48
1940
General mortgage, 68
1932
115
Jack. Lan. A Sag.— 69
1891 '102it
Cin Ham. AD.— Con.s.f., 8.1905 i23'
Mil. L. 8. AW.— ;onv. deb., 58. 1907
95
2d. gold, 4is9
1937
Mich. Div., l9t, 69
1924 II2I2
an. I. St. L.A Chic.— l»t,g.,48.1936 b'e'ifl 9612
Ashland Divi9ion— Ist, 6s .1925 113
Con6ol.,68
1920
115
Incomes
'102
Cln. Jack. A Mac.— 1st, e., 53.1936
60
Minn.ASt, L.— Ist, g. 78
1927 103 Is
CC.C. A St. L., Cairo dlv. -49, 1939
90
Iowa Ext nsion, l8t,7s
1909
96
Cl.Col. Cln. A Ind.— l9t, 7a,8.f.l899
2dmortg.,79
1171s
1891
Conaol. sink, fund, 78...
1914
Southwest Ext.— Ist, 78
1910
811s
Clevc. A Mall. V.—Gold, lis. ..1938 110
Pacific Ext.— let, 6s
1921
90
Colorado Midland- Ist, g., 68.1936
108
Impr. A equipment, 6s.
1 922
OlumirlaA Green.— Ist, 69... 1916
Minn. A Pac— let mortg., 5s. 1936
2d, (is
1928
Minn.S.Stc.M.&Atl.— l3t.5s 1926
82
Del. Lack. A W.— Convert. 78,1892 no3%
Minu.St.P.&S.S.M— l8tc.e.49.1938
84
Mortgage 78
1907
Mo.K.&T.-K.C.AP., let.-ls.g.iggo
74
Syra. Blng. A N. Y.— 1st, 78.1906 '13112
Missouri
1917
Morris A Essex— Ist, 7s.. ..1914 140 142ii Mobile A Pacific— Trust 5s
Ohio— Ist ext.. Us. 1927
2d, 78..
1891 101% lOlij
St. L. A Cairo
4e,guar
1931
81
Bonds, 78
19()0 115
119
Morgan's La. A T.— let, 6s.
1920 1121s
79 of 1871
1901 123's
Ist, 78
1918 '126«8
l8t,con., guar., 7b
138" Nash. Chat. A St. L.—
1915
2d, tis 1901 101
Pel. A Hud. Can.— iBt, ex.7s.l891 io2ia 104
New Orleans A Gulf— let, 6s 1926
Coupon, 78
1894 HI
IIII4 N. O. A. No. E -Pr.
g., 6e. 11915
1917
??l"'^'.»""P- 7s
142
N. Y. Cent.-Deb. g. 4s
1905
.Albany A 8U8q.-lst,gu.,78.1906
130
N. J. Junction— Guar. Ist, 49 1986
99
iBtjCons., guar., 68
1906 119^ 122
105
Kens. A Sar.— iBt, coup., 7s.l921 144
1461$ N. Y. A Northern— let,
105
g., 08.1927
Denver aty Cuble-lst, 68.. .1908 95 100
1.J
2d,48
1927
48
2*5.^- * %• «-Iuip..g.. 59.. .1928
83 >4
N. Y. 8usq. A West.— 2d, 412S 1937
75
^•T£!'?- ^"^ * G»-l»t. 7s... 1900
lib
Gen.
mort., 58, g
1940 81
Divisional 58
1930 105'
Noitb'n Paciiic—Dlvid-d scrip ext. 105
1st eit.. gold. 68
::i937
Jaines River Val.— let, (is. 1 936 104
Spokane A Pal .-let, 6s
Mobile A Blnn.— Ist, g., 5s.. 1937
1936 104 14
Sl.Paul AN P.-Gen., 6s.. 1923 116
Alabama Central— ist Os.. .1913
He euaARedM'n-l3t,g.,6s.l937
Brie— let, extended, 78..
1807 11614 117
Du utliAMauitoba-let,g.6sl936 lOlia
2d, extended, 5s
105
1919 II512
Dul.AMan Dak.Div.-l8t(i9.1937 10438
8d.rxteniUd,4>3S
;i923 lOKH 110
Coeur d'Alene-lst, 68, gold. 1916 107
4th, <• xdnded, 5«
1920 112^ 115
5th, extended, 48
„f";V\: •''•'•'*
1938
1928 101 102
iBt, cons., fd. coup., 78'.!!]!!l920
135
NoJ?»'?t^Srn\^.-|«:ili?
Ij"
117
»«».
«»
5«2r«:!
1008 105
NcwRiver, I8t, 68...
1932 112
5- ^-.^^i"-! St; 7b
1916 134 138
Imp. A Ext., 68
.::;:i934
tr..68.i?22
100
£;.LLi !::.*
*;t<*'Adiustment M., 79
I^rnded
coup.,
1924
58.
...19691
80
Equipment, 59
iqoa
Income, 69
1977i»
75
crmchVal. l8t58
Buff. AS. w.-Mortg.6i;:::i908
£957 98
4"3.".1990
E-lBl.
Jefferson— Ist, gu. g. 5s
^?'74%
1908
nt^'Tr
.VCh.-l8tcon.
t^cago A Erie, 1st. g.,4-5B.1082 102
68.. 1920
86I4 87141 ?>f^Ai
Ohio A l;?^*
M199— 2d con901. 79 1911 115
Income, 58
1982 30
SpringllcM Div.-l8t 78. .".".ms
eureka Springs B'y-l8t.68.g.l933
General 5»
i Sqo
«»•>»•* T.H.-l8t.conB.,6sr.l92ll II7I9,
Ohio River RR.-i9t,"69:;:::::i936 100
Mt. Vernon— 1st Us
1923 112
General mort., gold, 59
1937
cons.
.1926
105
li'!'?^4'£^'^";''"'
Oregon A Calilomia-lst, 58.1927
Flint A P. Marq.— Mort., 6s
941a
1920 118
Oregon Imp'i— Con9.,g.59
Ist con. gold, 58
1939
69
19391 loiifiiioi
Oreg. RyANav.-Col.tr e Ss 1919
Port Huron— 1st, .5s..
'l93<i 101>al02
Fla. Ccn. A Pen.-lsi^. Ss...! 19181
ili'
'*PUtflt^w''rn^-^»«-«'''«-l«00
Pitts. 1 1. W. A C—
Wal.Har. A San Ant— lat.Ra
l8t, 7s.
1912
. .

.

.

94
90

.

.

'

.

. .

.

—

91
103
92

UOis

.

tbiqI

•H»

' loe Friday; tbese are tto latest

2<1.

. .

7a.

quotaUons made

.1912
thto

w«ek.~

136
124

IOII4 101 la

111

109

110

Peo.AE.-Ind.B.AW.-l8t,pf.78.1900 II414 117
••""
Ohio tnd.AW.— l3tpref.53..1938
Peoria A Pok. Union- let, 6a .1921 110
1921
60
67
2d mortg., 4ia9
30
Phila. A Read.— 3d pref. convert
Pitts.C. C ASt. L.— Con.g.4 issA1940
116
Pitts. Cleve. A ToL— 1st, G3...1922 "106

1922
Pitts. Junction— Ist 69
1932
Ist 69
Pitts. Mc. K.
F.— 1st, 59... 191
Pitts. Painsv.
Ash.- CJonsol. 58. .1927
Pitts. Y.
Presc't
Ariz. Cent. Ist, 6s,g.l9ie

AY.—

II516

A

^

97

.

91
105
32
7!*

77

Income,

do.

6s.... 1900

Rio Gr. Junct.,l8t,gaar.,g.,58.1938
Rome Wat. A Og.— 1st M., 78.1891
1925
A Gr. Is.—2d Inc
Kan. C. A Omaha— let, 5s. .1927
76.1894
St. L. A. A T.n— 2d m. inc.

II714

127
120
110

1894

104

54

75
106
60

A So. 111.— 1st,
A Car.— Ist, 63

88...i896 lllia
1923 *lll
Chl.St.L.APad.— I3t,gd.g.58l917 103
80
St. Louis So.— 1st, gd. g. 43.1931

Bellcv.
Bellev.

2d income, 5d. 1931

do

A Shawt.— Ist g. 4s. .1932
A I. M.—Ark. Br., 1st, 78. 1895

Car.

98
118
105

90
102

St. Jos.

Dividend bonds

St. L.
St. Lou

. .

A S.Fran.—Equip., 7s,1895
1931
1987

General 5s
l8t, trust, gold, 58

40
80
102

AV.

1061a

95% 97

86
100

68, g...l916
B.Bg.— let, 6S...1910

98
105
87
St. Paul & Duluth— lst,58....193]
1917 102
2d mortgage 58
St. Paul Minn A M.— Ist, 78.. 1909 111
1909
2d mort., 68
65
1922
Minneap. Union— Ist, 68
112%
guar..
68.
.1937
Mont. Cen.— 1st,
East. Mum., 1st (flv. 1st 5s. 1908
58.1919
San Fran. A N. P.— 1st, g.,
107
Shenamloab Valley— Inc., 69.1923 * 15
Sodus Bay A 80.— 1st, 5s, g...l924
1931 ' 70
South Caiolina-2d, 68
993t So. Pac. Coast— 1st, guar., 48. 1937
Texas Central— 1st, a. f., 78... 1909 ' 45
1911
40
letmortgage, 78
Texas A New Orleans— ]st,7s. 1905
1912 100
103
Sabine Division, Ist, 6s
Tex. A Pac, E. Dlv.— Ist, 68.1905 10914
95
Third Avenue (N.Y).— l8t58, 1937 110
1917 861a
Tol. A. A. A Cad.— 6a
1919
Tol. A. A. A Mt. PI.—6s
1896 109%
Union Paciflo-lst, 68
113
1897 111
let, 6s
101
1898 II2I2
Ist, 63
Collateral Trust, 63
1908 90
99% Collateral Trust, 5s
1907 85
1895 100
C. Br. U. P.— F. c, 78
116
Atch. Col. A Pac.— Ist, 68.. .1905
80
Atcb. J. Co. A W.— 1st, 68... 1905
106 Is
U. P. Lin. A Col.— lst,g..5a. 1918 • 70
98
Oieg.S.L.AU.N.,col.trst.,58.1919
78
Utah A North.— 1st, 7s
1908 100
511a
Gold,58
1926
Utah Southern— Gen., 78 ..1909 102
61
Exten., 1st, 7a
1909
Valley
90
R'y Co. of O.— Con. 6s. 1921
Wabash- Deb. M., series "A". 1939
No. Missouri— let, 78
1893 109
St.L.K.C.&N.— R.E.ARR.7S.1895
75
St.CharlesBr'ge- l8t,63.. 190s IO314
95
West. Va. C. A Pitts.— 1st, 6s. 1911 '100
Wheel.AL.E.— 1st, 58, gold. ..1926 106
113
Exten.-^ion A Imp. g., 3s
1930 931a
Ft. 8.

...-.•

10458

Kan. City & 8.— Ist,

1051s

114
118
113

49
48

111

87

109%
^^

ii3
-••

82

....
100
1031a
11014

110

.

1271a

l?lif!teellaiieouii BuudH.
Gas— Tr. cer. 5s.. 1939
C!ahaba Coal Min.— 1st g. 79.. 1907

94

Boston Un.

100
110

108

112

98

100

100
104

99

82
100

Northwestern Telegmph— 7o, 19U4 103
People's Gas A Coke / Ist g.6s,1904
Co., Chicago
5 2d g. 69,1904
93
Philadelphia Co.— lat 8. f. 09.189»
West. Union Tel.—79... 1875-190C 112
Woodstock Iron— 1st. g. 6s. ..1910
(JullMted Boiids,
A]a.AVick8.-Consol.5g.,1921.AAO
90
2d M., Income till '94, 1921..AA0
70

116

Chic.Jun.AS.Yds.- Col.t.g,58,19l5
Col. A Hock. Coal A I.—Os, g. 1917
Consol'n Coal— Convert. 6s... 1897
Consumers Gas Co., Chicago let
.

—

guar. 5s

52
85

Edison Elec.

111.

Co.— l8t, 58.1910

106
105

106
116

99%

Equitable G. A F.— lat 63
1905 > 89
G'nd Eiv. Cl.ACoke.-lstg. 69.1919
Hackeusack Water— Ist, 59..1926
Hcnder9on Bridge l9tg. 6s. 1931 108
Iron Steamboat Co.— 6s
1901
73
Met. Tel. ATel.— l8t,9.f.g.58..1918
Nation'i Starch Mfg.— Ist, 6s,1920
102
N.Y. A Perry C A I.— 1st, g. 6s,19'.,!0
80% 90

7478

116

A .Vlcrid.,1 st Oa, 1921.AA0
Atlanta A Charl.— l8t7.s,1907.JAJ
Comatock Tun.— Inc,4s, 1919.MA.\
Georgia Pac— 1st 6s, 1922
JAJ
Cousol. 5g, 1923
AAO
Hous. A Tex. Cent.— 1st g. 5S.1937
Vicks.

2d, g. 68

87
98

Debenture

tis,

1897

Gold, general 48
Debenture 4s

97

94
80

971a 100

117
32
109 14
73
102
1912 106
85

120
110

73%
1021a

108
88

66% 67%

69I3 72
R.A Mem.- 1st 5g.l937.M AS 691a 72
Mem.ACharl. - CoL8.7g.,1915.JAJ 110
L15
Little

142

St L.Ark.ATcx.-l8t43.Wheu issu'd
2d 49 , incnnte
When ifiau'd

'1
I

193(3

—

'

. . .

122

.

.

.

Ask.

1916
2d income, 68
II3I3 Rich. A Dan v.— Debenture 68 1927 101
1909
95
Equip. M. 8. f., g.. 5s
106 Is
Atl. A Char.— Ist, pief., 73. 1 897 *103is

. .

."

Bid.
>

1912
3d, 78
Clev. A P.— Cons., 8. fd., 79.1900
69.1892
4tb,9ink.fund,
St. L. V. A T. H.— 1st, 69., 78 1897
1898
2d, 7s
1898
2d, guar., 73

A
A

I

W

ER.— C<7o)i.

.

. -

102
109

SECURITIES.

Ask.

Pennsylvania

GaI.H.AS.A.-2dmort.,78..1905
1931
West. Dlv., 2d 6s

Bailrnad Ytonii^—fContJ

13.

701a

33

71
36

FKBBUART U,

THE CHRONICLE

1801.]

276

ABSTRACT FHOM REJ^)BTB OF THE WATIONAL BAlTltB MADE TO THE OOMPTBOLLEB DECEMBER
DepotUi,
Atrptiu.

Capital.

1890.

Loant d

Individual.

(
it
ft

6,2.10,000
7.3SS,0Oi>

M.Hiioipiibtre.

Vermont
Boeton

.S

aJf Maar., other
•

1^
I

1, 800,000

4a, 167.500
20.184.0.^0

.

Kboile Inliind
Connecticut..
Total DIv.No.l

14.047,23(1
15.(131,139

4,577.835

23.774.370

York City
iWew
Brooklyn

7,337,25.1

3.148,>>24

3M0.4l9.avi>'

1.352.000

27.4 16

280,455.717
8.798.016
8 911,467
101,103.008

44.174,2.»7;
84.090.(i(>2

354,514

49,091.8791

29.210.5(13

568,118

88.426.711
a86,lJ6.6s9

401,51.'!

I

Total Dlr.No.2

17i>,'«l»,20S

b9.7«2,0lt0

f

Delaware

2, 1 33,98.')

93.'>.402

1,150.0"

7l(>,000
2S.1!16,980

otb.

[

Texae
Arkansas

1,540,510
4,651,500

Louisville ....

Kentucky, oth.
Tennessee
Total Dlv.No.4

li'.162,900

10.004,370
t»,H-3{>,26

47s<

Cincinnati

i Cleveland

3
^
2
E
•

25.669.000
12.702,000

...

ChieaKO

Ifi.lOO.OOO

Illinois,

15.515 290

other.
Detroit
MlehiK'n.otber

Wisconsiu.oth.
L Total Dlv.No.5

Paul

St.

(»

Missouri, oth'r

Kansas

Omaha
NebrtkMkfl, oih.
North Dako a.

South UaKota.
Total Div.No.6

,

636

X Nevada

S
S

Ban Francisco.

J
1

Washington..
Total Dlv.No.7

f

Arizona

Caliroruia,otli.

• OrcKun

J Colorado
• Idaho
2 Montana
S New Mexico
5 Utah
e Wyoming
I.

Total Div.No.8

Total for U.S.

1 .44.1.5.^ 1

25,488,115

4.'>2,SlU

7(^0,000

i:82.35(

2o.25ri,2>il

f:5,2l5,818

668.172
2.508,534
1,79 (,978
9.874,731
1,931,807
801,721
1,474.016

235,000

743.200
932.24
7b7,16^

53,00i!,4.U

31.04-i,94.'i

71,493,313
44,903,45

2,^81.519
1,260,000
602.000
944.426
1.234.000
160.500

26,570,079
8,026.611

2i>l,45l

33.3i7.557

791,82.:

13,n7rt,536

9,l-)9..iH

110,7U

13,228,579

11,949,380

14.(170,456

1.126,85j

230.96'

26.010,043
5.457,355
18.385,:s87
9,291. N31

63.1,914

1,905.203

l't,585,679

585.75'

530 500

884,433

8.8211.040

1.457,214
399,340

10,125,434
13.98 •,8j,><
3,929.84(1

2,025.000
2,52.%0a0
8o,856.5u5

585,352
13.678,H98

2»2.000
2,500.000
5,97 ,000

10.1,000

257,673

750,000

3,338,()9;!

1.430.515

14,514,393

3,842,(9
146,723,393

97.170
52,210
120,000

100,70i;
239,891)
3(»,984

1,110,256

60.-..60

167,-55

8 1 ,«32

101,620,
322,600'
4,606,000!
235.4901

73,3501
18,500'

614,735
784,626
587,916
168,013
887,765

19,380
H,79a
1,892,470

345,210
11,570
49,960
50,000
15,130
26,030

tfll'«

MWi. MU'M

8-b

s-»

925 381

2,26-/,049

1,275,832
1.899,732

37,5165

46.52M,157

6,60.1,629

110,835

26t>,.'>8.3

58,485
1,984,956
161.126

l.lO'l,

109

610,785
191,201
27,983
59i.093
279,632
3.906,261

316,906
191,353

5,357,64.
3,203,95-

l.H-.;7.<l-2

..l,s(i«.574

MWt
118

2.5-6

20-8

^93

I

!l4:i.2'

6

•<0,:-I08

i A.
13-4

4-9

13

i.
8

MWs
132

Afil's

18*

2-6

1-5

10

8

•7

•7

11

•4

•2

•3

•8

-5

•n

•6

•2

•8

•7

1-4

•8

•9

•5

•8

•8

•1

8

l-»

8-4

B
3

•8

4

1-2

•6

•2

2-.i

•8

3-1

-1

•4

-3

Daefr.biinka

294

33-ti

•i-u

2-7

le-s

5-0

4-«

9

3-1
2-h

1-4

6-2

41

14-4

3-0

a-c
911

ll-s

-i

•8

3-&

1-0

•8

-3

-5

•6

•8

3

•1

7

e

8-1

26
2B

1-4

•6

2-3

18

2*3

2

12

•8

14-6

•»

•8

1-5

-1

1-8
«-«

•2

•1

1

•»

-8

-2

-I

1-t)

5-s!

"i

4-8

14-3
1

•6

dep

•3

Nat.bk notes

•B

n.8.<!tf«.

Cl'i'itU.exch
Other res 'ces

Totals

IS

•1

3-7

•3

.

•4

•1

•2

•1

•6

•8

17

•«

48
•«

1

»
90

-3

i

1

-8

1-8

IS

•1

-3

1-7

•7

•3

•1

ai4-s

-4

•8

1

81
If*

l-(

•8

•8

1-8

1-3

8

-9

J6 2

XWt

lfil'» afu's aiil'm. tfU'iu.

3-6 12-8
•S
•8

•4

•1

•8

-1

14

•1

•1

-1

4-1

1-4

2-8

-7

•8

-8

•1

-9

•8

31

47

78

•7

1-2

•2

1-8

118

43

•1

-3

1

11

•2

14

-4

1-3

8

43
3

13
37

163
27

-1

-1

•4

•1

3
8«1

14
3

89

13

33

SO

1-4

1-8

-7

•S

•8

•1

MWnt.

8«« 1.0«7;1.933
22 118 140
30
16
14
08 130
»t
300
137
143

3-8

•1

49

«

•2

•2

-8

-S

•1

•8

•8

•a

•4

-8

•1

-2

•8

•8

•I

•8

•1

41-: 28-8

120-7

221

•20-7

8-3

•S

141 1306 33-1 441 131 26

1-

il

I

•1

O. coin A ctf B
Bll.coln&ctfs
L. tend notes

20.250
399..525

75l 32.5.2,9!«i Il.«<47.-^<i4il5ixii> H J7.n:<7.12«

4-5
3-6

•8

14.U93
39.555 1,282,347
78,813
7,349
594,203
26,333
102,412
2,300
14.455
6.863
55,n4i
134.3:5
3.394
34,2 9
141.139 2,234.942

72.47.1

121,815
2.620
241.655

i

Mitt't. Mil's Mil'i .Mil'

718

30.5 44
78.055

5,139
176.504
11,061
89,413
19,606
5.075

49,860
1,400
65,960

39-7

Real estate.

183,811
66.349
157,348
441,400

800

•R

3-<

428,147

1,237,840
573,392
438,831
150,317
1 4,93(H
232,908
I,3.'i4,ni3| 9,487.459

15,2.".5,462

2,447.93-1

T-0 13-7

1,2.59,171

11,252,(131

»4

8.

210,829
443.672
411,444
2.341,463
335,860

15,134,002

bda

Otb.D.

1,398,585

40,680
30,000
3 (,933
63 1,792
53,92 i
107.363
38,087
124,971
93.313
51,8iO
17,163

130.161
110,595
27,914
31.708
l,430,»0o

l-<,670

Btka, bda.&c.

Bd» for <rtrc.

118,.13.r

818

14.290.001

AfU's .Vil's Hil't

28-9

711,910

82,414
61,831
88.a38
45.346
29,033
232,142
78,2 '.4

3

Mils

362,053'

2»4,t)5l

22 1,608

2,572,870

RV,«BrtTK

AfiU'f. AfiU'f.

939,255
942,061

18.225
131,966
44,102
155.177
4U3.288

CiTKg, tc.

143-» 5*805

923,000
3.121,933
2,158.263
7.386,876
1,995,558

1

360

ToTAM FOB

Retourcft.

2,608.993

6,610.a5ii[ 2,45 7,4ou| 1.508, .JB ^1. 149.909

1.221.298
1,496.845

869,771
1,503,792
694.091
267,54 1
186. b85
9.589,836

8,.509,273

l-.i7,705

8,000
24.866
14,285

7rt.673

14.9«5,B34l 1.485.095.850 -30.3- 1. 8<i7

8d7.877..2.

llo,Oua
87,43y
460,54b
354,345
489.050
382,679

7,272

415,55«

240,3i4
4,229.203
2,630.317
46,175.9S0

l,734.tf3tf l,147,OLa

26,6-iO

186,551

33,000
1,625,824
145.500
552,700
233,600

43,629.

372.046
40.23
19,835
51,116
161,431

50

292.4(10

00

2.520

14,920
57,100

2.44-<,138

4.-.J03.702

24i4V(i

24,3.,7

4,927
80,516
2,600
31.313
3i,51
277,091

33.47.1

24,H23,444

18,3»3,.i60

13.100 3t;3
10 264.79.1

81.313
118,179
146,79 <
40,593
113,147
33.444
106,014
48.189
661,125
30.558
33,841
102,294
214.141

1.132,543

1.079,993

8,79.1,673

1,2:4.107

372,989

65.1.60,1

22.67j,84:
1,388.197
12,143,372

686.080

5,k75.560

10,3.'.8

4,231,4.57

105,497
331.680
638,415
54.467
l.lJO.OoO

3.951,<"00

3,370,324

247.063
a..i9 (.7.i3

9-1.625

67.=v,210

286676

25,259.024
12.59d.231
21.205,6-5
4,577,244
4.854,039
2u2,49l,H69

144,925

25,00
91,764
127,20
718.546
169,120
8^,861
58,810
20,000

334.4ltl,019 it ,li>i).2ib

265,184
81

4.301.00.1

.00('

2(»,:<71.249

17.6913,380

13.434 loO
4,000.000

562',60i>

i;s,356,729
32.3>-9.961
4.91 -i,!'?

51,270
225,000

3,69 ,763
11.135,500
8,029,269

17,9.

.. 3..17;-

Ii.2.:i31.8ii4

19,353.832
12,464,609
50,506.463
29.701,e47

310,56

12,1(11.365

217,700

564.160
9,570
13S 800
19.540
15,700
49,440
142.4(0
1,001,520

4,7.i7,6-3

o.oJo.3J4

983,000

3,120
100
34,700

106,413.795

730.6
1.58,1.3ly

267.327,6til

200..

.

48,019.751
3.906.803
11,821,340
CO 734.179
24.114,942

31.6' 6.951

8,405.000
400,000
3,925,000
975,000
330,000
2,425,000
1 ,3i 0,000

2 Oklab'aALT.

221.(^54

h3.>.mU0

2.0C(',(iOO
7.8'
000

Kansas City...

430,709

343,t<70

19.2u5,ft39

9,7(10,000

St. Joseph..,

3.532,198

1,.543,714

4.700.000
4.50 ,000
4.945,(00

Minuesora,oth
St. Louis...

1,1-98,677

475,000

lii»

MlnneaiH)ll8...

59,.Tl9

401,710
105,289
326.93
141.034

11,139,600
8. 0.000
S.OIO.doO

708

4i9',i57

165. .500

211,168
237.5S1
320, 15B

41,738
212,663
130,253
1,740.573
53,908
1,346,407
20,735
205,850
525,370
364,3
5,410,619

41.656,52s
10,322,750
26,469,H49
4,644,160

4.40lt.OO0

Iowa

I

1 64.2d9
302.411
147,68^
IU»,I84
214,33u

1,729,

t>542.ol7
6.002,090
9,714,728
3,833,842
9,123.124
2.809.G84
13,712,621

2,344,000
1.340,000
6.416,953
3.914,420
7,102,500
5, 97,589
592,000
2,740,775

7.ii60,0i"

..

Ohio, other
Indiana...

f

4

4.179.753

83M.776

597,454
8hO,250
1.164,306
188,650
1,011,765
354.783
1,736,000

1,102.300
2.449.538
2.041,766
15.568,380

P.MOO.dOO

• Milwaukee

S
•
S

538.056 1,303...24

60.4-.^3.281

Orleans..
5 New
Loalslana,
1

72.611.428

9.ti45.47B

4,319,000
1,140,000
3.625,000

149,02i
1,612.28S
315.814
581,103
88.07a

15

5,273.172

....

e0,0i<5

1.057.9.59

520.3(18

Ml88l88lpi)l

-li

50,014

13,485,4.58

Florkia

1,007

101,31S 588

b.o96.127

16.109,«(Oa

623,669
354,884
2,962,484
2,277,586
9.189.531
1.807,624
3,856,867
3,32J,0t>» 7,3t6,65/ 33.178,047

.199,975
2iiO.90O
3.3SS,830l

1,003,010
419,280
04.027,22,675.2.57 6 1, 8 11, 93

38,0'.t

602,410
84.952
83,542
616,364
352,456
617,236
162.437
853 66«

137,771
35,068

100.000
1.85l.43^

Alabama

397.350
231,000

135,000
39,780
13.190
2,847,290

8,5'iy.i;6.i

25J.00O
4,276.300
2.176.000
26,S80, 85
1, '98,(^00

1,313.919 2,5tf3.Hi«t| 8.774,4»5

1,16.'5,990

902,000

Diat. Cul., oth.

3.98H.0OO

111,62
231,113

148.650

1,160.733

2,546,000

7M7fl
196.100

510 292

59,S21,&tiO

92,531.315

6'-".)

88,189
90,384

13.300
6.805
8.030
6,571.910
275.510
193.670
304.520
7,378.53

16.j.(i00

4.17o.60l>

1

575

of dcpoiU.

eerHjle'ttt

•

7,000
1,432,610
53,720

3.H5.1,64i)
2,37.'i.0O0

Weat Virginia.
ToUlDlv.No.3
North Carolina

»<

SUver.

44.440
3-3.072

12,313,2tiO

VlrRlula

220O00

8.405.9 49

IWO.

auver iMi.tetUFr*
Treatury (tU.S.ctfl.

3.851,098
20,558.440
7,870,072

.. ..

Oeorjrla
I

>

Marylauil.oth.
WaslilOKton...

Bomb Carolina

J

10.2^7.7(17

_27^810.777; 1.112.279
3,«5l,«7o
96.436

14,'<46.561

I

783.49^
346.1^64
135.71(1

231,630.26'.^

3.">,t)32..'i35

• Baltimore

100,08^,os.'.t
61,40i>,7:>^

14.211.160
143,291,953
104.862,604
36.156 388
47.529.833

240,447.8 7
11.336,624
7,063,328
81,336,674

14.3:12.610
v3,-0-<,000
10.900.11(0

3
«
S
E
^

ll.H>-0,3i<3

212 038

47.ti6!».741

33.034.f60

N. York, other

22.487.407

3\«.l.5!t

7,183. tHiil

]i«.»U3.836

3 New Jersey...
g Philadelphia..
• Plttiihiux
< Pennu., other

-

181,484

7,044,Of>0,

tit>4-i',bU»

1.805,000
1.282.500
10.014.621
6.095.880
12,855,803
5,867,809

SAlbauy

11,863,139
1,86:

19,

eertifleaUt

9

4U,>>I>0.<>00
l„'S.'>0,000

Oold
Trearury

$

2,721.150
1.^81,764
1.773.3H4

10.910.700

Maine

count*. (Incl'fi
oterdraftt.) eerlifleale*

OtAtr.

$

Oold and
gold 0. 11.

di$.

r»-4 is-i 39-7 29-3

•
19

1

1.420 1.621 3.04r

lAabUUiu.
Capital stock

Bnrplns fund
nadl.proflts.

emulation..
l>aetodep'r8

Dae to banks
Olber

Uab's..

Totslf..

498 13 IS 23-8 10-H 12S
370 1-8 IS 12» 5-« 4-a
1«'6
•«
-«
28 1-4 1-5
•8
34
3
-t
28 14
100-u 2443 114 T
84-7 298 20*
333 13i-» •4 33 20 4 31 4
i
-t
H
3
32
3;8
S1-?
14-0

.50»-«

14

1

<

5n s

.f3 1i44-'

2-4

3-6

4-7

•9

1-7

2-3

l-S

-4

-9

11
t

11

•t

4

•8

-8

•6

•e

8-7

132

•i

2-7

•I

13'

12

5-2 20-8 19-1

30

7 -5

•9

47

4-B

9-7

7-8

2-0

4-0

2-8

-B

1-8

•8

1-0

•1

-8

-8

•8

11

•7

•9

8

233
98

7

12

-1

•4

•«

41

•8

-2

•8

•3

•4

-4

•a

•4

•1

19

10-8

4-9

3-9 11-0

38

39

l-I

698
3t2
23

lei 44
•8
71
3-8

338
397

3-4

13
_*!!
162 ir •isa 120^ 22-S
•8

88 8
lb 28 1-7
-3

-1

N«

1-0

17-9 11-4

1-9

9-<

7-8

•2

•8

•»

7»1

20^

1

.4-»

838
913
lis
i04l las

423
117
71

817 1.313
62;

27
1

.62

1

1

374
3*
3.047

THE CHRONICLE.

276

[Vo... LII,

Earnings Reported.

Latest

%nvitstmznt

R0AS8.

Jan. 1

to Latest Date.

WeeliorUo '30 or '91. '89 or '90, 1890 or '91 1889 or '90

AND
Fltobburg

ilailr0ad %niidlxQtnct,
The Investors' Supplement, a pamphlet of 150 pages
eontaitu extended tables of the Funded Debt of States and
CitUs and of the Stocks and Bonds of Railroads and other
Companies. It is published on the last Saturday of every

month—viz., January, March, May,

July, September
without extra charge to all
regular subscribers of the Chronicle. Extra copies are sold
to subscribers of the Chronicle at 50 cents each, and to others

other

and November, and

is furnished

at $1 per copy.
The General Quotations of Stocks and Bonds, occupying
tix pages of the Chronicle, are published on the tlilrd
Satnrdajr of each month.

November.
rUnt.&P.Mara. 4thwk Jan
Flor. Cent.* P. 4tbwk Jan
Ft. W. & Bio Gr. January...
Ga. Car'la A No November.
Georgia RR
December.

596.515
88,297
39.582
17.363
9.013
188,656

Geo. 80. APIa.. January...
&r. Rap. Alnd.. 4thwk Jan

76,.3C0

Cin.R.&Pt.W. 4thwk Jan
Other lines. .. 4thwk Jan
"Total all lines.

Grand Trunk. ..
Chic AGr.Tr.
Det.Gr.H.A M.
Great North'n St. P.

& M.

M.

Wk
Wk
Wk

Feb. 7

Jan.31
Jan.31

January.

.

East, of Minn. January...
Montana Cent. January...
Tot. system. January...

Gulf & Chicago. January.
Housatouic
December.
Humest'n&Shen January...
Hutch. ASouth'n January...
.

IU.Cen.(ni.&8o.i

Total

BOADB.

Jan. 1

to

Latest Date.

Weekorifo '90 or '31.!'89 or '90. 1890or'91 1889 or '90

»

Alabama

MlcD'd November.
Alab'ma Miner'l November.
AUeglienT Vai.. December
Atoh.T. AS.Fe. 4tbwk Jan
Half owned ... 4thwk Jan
Total sTm*iu. •Ithwk Jan
BtL.&SanF.. 4tbwk Jan
Half owned.. 4tliwk Jan
Tot.e.L.&S.F. 4tbwk Jan
AKg. total
4tbwk Jan
Atlanta & Cbar. November.
.

Atlanta AFlor'a January...
Atlanta AW. Ft. January...
Atlantic

A-

Pac. 4thwk Jan

B.dcO.EastLme December.
Western Lines [December.
Total
December.
BaLAO.Southw. 1st wk Feb
Bait. A PoMimno December.
Bir.Sh.&Tenu.R November.
BuCRoch.A Fill Istwk Feb
Bur.C.Rap.&N. 4thwk Jan
California 80. .. 4thwk Jan

Camden & AtJ. December

Canada Atlantic January..
OanadlanPacitic Ist wk Feb

wk Feb
Oen.KR.&Bg.Co December
Cent.N.Kng.&W November.
Central of N.J. December.
Op.F'r&Yad.Val Ist

Central Pacific.. November.
Central of B.C.. November.
Oentr'lVerm'nt. Wk Jan.24
N. London Nor Wk Jan.24
Ogd.c&LakeCh Wk Jau.2J
Tot. Kystem. Wk Feb. 7
Ohar.Cln. AClilc November.
Oharlest'n & 8av December
Char. Sum. <fe No. November.

Chat.R'me&Col. Decemlwr
Uni'n
Cheraw. & Dart
Obes. AOlilo....
Ches. O. & 8.
Cdea. & Lenoir
Caiatt'n'jra

W

.

OWc. Burl.&No,
Chic. Burl.

&

Q.

Oblo.A EasLlU.
Chic. Ml I. &.St. P,
Chic. AN'thw'n.

January..

December
Ist wk Feb
January..

November.
December.
December,
istwk Feb
1 9t wk Feb
December.

01»lc.Peo.&8t.L. October.

.

Chic.Rockl.&P. January...
OhIo.et.P.AK.C;. 1 St wk Feb
Ohio.St.P M.&O. Deceml)er

Ohlc.iW. MlcU. istwk Feb
Chippewa Val .. Docember.
Oln.Ga.A Porta. January...
Oln. Jack & Mac. 1 St wk Feb
Oin.N. O. &T. P. 4thwk Jan
Ala.Ot.8outii. 4thwk Jan
N. Orl. Ati.E. 4thwk Jan
Ala. & VickHb. 4thwk Jan
Vlckd. 8h. <k P. 4thwk Jan
£rlanger Sj'xt. 4thwk Jan
Olnn. Nonbw'n. January...
Clii.Wat).&Mlcli. Januarv;..

OI«T.AkrouiSiCol 4thwk Jan
der. Canton.. December.

A

OI.Oln.Ch.&B.L

Ithwk Jan

& Eaiit'n. 4thwk Jan
Wev. A Marietta January...
Poo.

Color. Midland. 4thwk Jan
Col. H. V. & Tol. January...
Coluaa A Lake. jJanuary.

Covin.

& Macon.

Oumherl'nd

Val.

Day Ft.W.ACh..

January...

November.
January...

DeoT. A Kio Gr. Ist wk Feb
Des Moin. & No. January...

DefiM. AN' west •lanuary. ..
I>et.Bay(;.AAI|>| 4thwk Jan
Det.LanH'(; A>o 1st wk Feb
Duluthb.S.AAtl 1st wk Feb

Eaat Louisiana. January...
E.Teim.Va.AGa. November.
KnozT. AObio November.
Total system. ithwk Jan
ElKlnJol.AEast. December.
Bli.Lex.AB.8... January...

Empire A O'hiin November.

Brans.AInd'pli^ Istwk Feb
BransT. A T, H. Istwk Fob

48,393
19,439
206.314

23,218
200,497
706,102, 732,643
42,.572
40.410
74><,674 773,053
1?5,755 169,200
4 1,930'
39,737
227,686; 208,938
976.360: 981,990
157.932' 140.839
11.711
11,151
52,712
50,655
79,928
64 .47 7
1,539,632 1,639,000
482,395 491,993
2,022.027 2,130,993
41,661
45,108
138.376 133,480
17,05
13,389
36,543
36,127
82, S8'
69,703
50.035
37,827
38,826
37,788
44.185
47,967
322,000 218,000
13,131
10,243
873,907 878.492
60.79J
39,980
1,176.897 1,111,607
1,390,900 1,278,395
8,303
10,598
51.497
51,176
10,206
11,942
12,155
12,169
70,370
72,355
16,225
12,574
68.179
57.828
8.555
2,686
33,000
30.292
8,667
8,261
11,645
8,506
147,743 144,267
206,848 178,998
7,224
6,965
234,402 149.346
2,815.732 3,199.778
62,664
52,757
463,524 440,184
2,183,176 2,182.965
47,190
41,543
1,097,487 1,156,476
64,890
71,060
579.984 583,539
25,540
24.689
4,025
5,233
4.436
3,764
16,403
9,393
140,723 133,560
64,606
67,068
39,929
40,177
23.443
26,298
26,815
27.419
295,516 294.522
1,571
2,119
45,688
38,818
22,782
19.891
54.110
41,933
381.'249
355,122
42,.568
46,28
27,935
19.209
59.296
44.667
205,044 164,047
1,742
l,'.i66
13,21-^
13,329
84.438
75.643
45,677
39.539
139.500 128.000
8.189
5,'273
12,427
17,758
15.535
1.5,100
19,082
17,921
29,0-«4
28.184
10,500
9,73 2
59.3,689
571,026
64,38
(53.163
840,749 218,456
49,717
41,785
57,809
52,412
3,162
1.333
5,781
4,381
20,030
18,036'
.

2.592,101
2,207,268

2,369,986
2,137,495
105,464
2,242,958

123,546
2,330.814
480,758
121,086
601,844
2,932,659
1,529,093
11,711
52,712
234.064
18,659,915
5,668.744
24,328,658
222,367
1,708,369

1,366,418
11,151
50,655
193.430
17,330,220
5,096.873
22,427,093
233,629
1,633,733

224,853
251,734
152,814
799,491

153.893
216,532
112.826
737,144

1,636,000
66,235
8.708.176

1,252,122
50,005
8,053,742

454,040
102,805
556,845
2,799,803

13,663.720 13.497,394
14,683,529 14,486,945
103,802
94.826
210,371
209,818
38,817
40,941
46.971
50,245
444,027
452,047
123,127
683.141
606,911
66.976
27.629
365.432
282,314
8.667
8.261
109,965
87,122
793,789
763.184
206.848
178,998
70.810
67,238
2,115.442 1,971,158
35.130,586 34,067,618
358,891
280.044
2,409,719 2,234,595
28,038.:i08 26,185,281
346.675
311,328
1,097,487 1,156,476
344,844
405,756
6,854,520 6,422,644
129,946
118,223
146,395
137.388
4.436
3,764
72.170
52,392
353.549
358,691
159.665
177.353
103.678
104.719
59,169
68,318
59,884
66,512
735,945
775.593
1,571
2.119
45,688
38,818
70.000
60,936
581.012
448,612
1,069.432 1,017,993
126,895
129,507
27,935
19,209
168,906
133,322
205.044
164.047
1,742
1,266
13,212
13,329

45,677
39.539
785.00U
723,300
8,189
5,273
12,427
17,758
45,099
39,382
100,634
91,505
153,190
148,452
10,500
9,732
6,157.456 5.244,450
642,212
531.083
670,212
655,693
591,523
296,472
57,809
52.442
32,991'
12.289
31,446
24,500
106,718
92,897

69,745
18,789

361,014
98.377

509,283
41,638
74,422
625,362
3,272
111,198
11,722
3,123

654,,857
40,,642
98!,140
793:,6.39
3,,358
1,548,,410
13,,500
6,,410
14,661,,943
98,,310
2,077 ,370
2.175:,680
16,837 ,625
40,,215
308 ,653
1,560,,000
155,,620
3,,321
73,,776
567,,635
23 ,960
25:,788
333,,265
99 ,667
1,073,,956
36 ,497
9,,586
5,,269
305,,075
30,,620
70,,860
236,,978
415,,214
142,,835
1,955,,035
234,,305
14,,023
444,,956
39,,346
11,,000
156,,804
692,,460
409,,458
322,,785
254,720
155,,782
9,,600
106,,690
145,,219
649,,714

5,2(>2

73,990

8,258
197,612

7,068
188,979

December. 205.870 190,047
December. 1,681.958 1,561,48.

all

Ind.Dec.&West. J anuary.
In. AGt.Nortb'n J inu.iry...
Interoc'nic (Mx) December.

40.215
308,653

32,343
366,557

Iowa Central... 1st wk Feb
iron Railway... January...
Jack'v.South't'n lanuary...

30.409
3.321
73,776

J'k'nv.T.&K.Wi; December,

71,88!)

8,160
8.205
118,240
32.560
66.188
6,356
4,053
5.269
54.034
30,620
21,165
236,978
30,258
30.964
371.670
43,402

29,233
3,014
51,460
77,680
6,413
7.426
131,68
41,815
60.210
7,020
4,324
4,654
53,370
23,244
15,027
203,595
39.451
20,262
369,790
38,781

495

282

72,167
6,908
11,000
36.765
121,404
72,874
78,603
47,402

65,987
6,970
4.800
41,745
141,325
70,366
88,473
46,231
23.237
8,251
104.785
201,351
629,613
19,858
7,287
291,637

.

Latest Earnings Reported,

654.857
40.642
98,140
793,639
3.358
114,306
13,500
6,410

333,'<73

5,972,056
253,791
133,772
17,363
61,986
1,847.682
76.300
160,668
31,629
15,510
207,807
l,983,3i-

December. 1,476,088 1,36.5,440

Cedar F.&M in. December.
Dub. & Sio'xC. December.

Iowa lines

RAILROAD EARNINGS.

4thwk Jan

58,473
11,922
5,805
76,200
319,335
72,084
20.759

611,208
81,447
35,099
10,018
4,487
158.080
51.903
58,050
10,678

KanawhaAMlch ithwk Jan
Kan. C. CI.&Sp 4thwk Jan
K.C.F.8. AMem. 4thwk Jan
K.C.Mem. A Bir. 4thwk Jan
Kentucky Cent 3 wks Deo.
Keokuk & West. Istwk Feb
KiDKSt'n A Pern. 4thwk Jan

L. Erie All. A 80 J anuary. .'.
L.Erie A West.. 1st wk Feb
Lehigh A Hud.. January. .

L.

Rock

A Mem. 4tbwk Jan

lx)ng Island

—

January...
Loui8.AMo.Rlv. December,

Ix)ui8.ET.A8t.L.

istwk Feb

Loulsv.ANashv. istwk Feb

Louis.N.AACh. Istwk Feb
Louis. N.AACor, December.
Louisv.N.O. AT. 1st wk Feb
Lou. St.L.ATex. Ist wk Feb
LynchD.ADiir'm January...
Meuiphis A Chas 4thwk Jan
{Mexican Cent... Ist wk Feb
JMex. National

lat

wk Feb

[Mexican R'way Wk Jan. 24
Mil.L.Sh.AWest 1st wk Keb
Milwaukee A No Istwk Feb
Mi ueral Range.. January...
Miiineap. ASt.L. January...
M.St.P. AS.S.M. January.
Mo. Kan. A Tex. January...
Kan. C. A Pac. January.
Mobile A Birm.. 4thwk Jau
Mobile A Ohio.. January...
.

.

MoutereyAM.G November.

Na.'<h.Ch.A8t.l^. January...

N.Jersey

AN. Y. December.

A
A

New

Gull January...
Orl.
H. R. January. .
N. V. C.
W. December.
N. Y. L. E.
Ohio December.
N. V. Pa.
N. Y.AN.Eng.. De'-omber.
North'n. January. .
N. Y.
W.a 1 St wk Feb
N. y.Ont.

A

A

&

A

N.Y. Busq. A W.. December.
NorfolkAWest.ft 1st wk Feb
N'theast'u(8.C.l
North'n Central.

November.
December.
Northern PaciUc Istwk Feb
Ohio A Miss
1st wk Feb
Ohio ANorthw.. January...
Col. A Maysv. January...
Ohio Klver
4thwk Jan

660

12,171
44,968
5,439
December.
59,323
October...
390.362
December. 5,305,319 3,495,264
1 at wk Feb
16,871
11,710
December.
42,157
38,431
December. 358.006 31J6.820

51,,845
51, 820
21. 732

.

Oregon Imp. Co.
Pennsylvania ..
PeoriaDec.AEv.
Petersburg
Phila.
Phila.

A Erie...
A Read'K December.

Coal A Iron Co.
Total both Cos.
Pitls. Mar. A Cb.
Pittab. A West'u

January...

November.

December.
December.
December.
December.

QuincyO.AK.C. January...

Bich.ADauvillo. January...
Vlr.Mldlaud.. January...]

CUar.Col.AAu January.
Col, A Greeny. January...
West. No. Car. January.
Georgia Pac
January...
Waah.O.A W.. January...
Ashv. A Spart. January...
Total 8ya m. 1st wk Feb
Kieh. A Fetewb. December,
.

.

.

.

wk Feb
Rome W. A Ogd. December.

Rio Gr. West... lat

Sag.TuscolaAH. January...
8l.L.A.&T.U.B'i.

12,861

51,820
7,«04
50,585
414.646

1.686,111

December. 1,606,377
December. 3,292,488

Pitts.Clev.AT. November.
Pitts.Paln.AF. November.
Total system Istwk Feb

Pitt.Young.AA.
Pt. Royal A Aug.
Pt.Koy.AW.Uii.
Pie8.AAriz.Cen

660

608

Ohio Southern.. January.
Obio Val. of Ky. 4th wk Jan

Omaha ASt.L..

'27,181

9,600
106,690
145.219
649,714
23,158
23, 15S
7,454
26, 628
321,091
321, 691
43,051
430, 4.54
357,713 308.586
357,,713
21.345
268, 006
19,502
18,015
14,686
18, 015
3,007,852 2,923.406 3,007,,852
2,377.635 2,187,861 29.201. 700
615.258 591,544 7,223,,989
482,780 473,266 6,029, 126
33,120
42,602
33, 120
46.746
264, .574
35,285
130,048 124,237 1,592, 0?3
136,654 111.038
798, 299
52,307
59,490
632, 336
483.460 500,226 6.60 i, 797
359,367 281,154 2,099, 967
72,301
82,365
397, 285
10,578
16, 578
15,623

4tbwk Jau
wk Feb

Bt.L.Ark.ATex. 1st

St.Paul ADiil'tli January...
S.Ant.AAr.Pa.ss November.
B. Fran. AN. Pac 4thwk Jnn

3,632
127,362
46,680
27.512
32,774
82,111
32,683
41,477
11,088
22.4801

520,350
175.300,
89,800i
fc8,950.

83,350,

182,250
9,600[
11.700;

274,800
23,308
26,650
290.787
6,574'
36,llo;

73,273
91,240
170,220
19,624'

608. 888
3,762, 651

5,565.889
228.111

120.957
10,018
31.418
1,644,708
51,903
156,919
30,351
13.979
201,248
1,983,640
355,171
89,848
509,283
41,658
74.422
625,362
3,272
,264,261
11,722
3.123
,199,041

94,370
,820,926
,915,298
,114,339
32,343

366,557
,037,387
151,001
3,014
51,460

547,625
20,612
21,989
384,305
118,769
,036,053
39,345
9,175
4,654

296.371
23,244
60,107
203,595
463,028
95,785
,941,117
204,131
11,814

427,284
35,721
4.800
172.514
694,965
402,463
303,252
267,133
126,148
8,251
104,785
201,351
629,613
19,858
23,770
291,637

308.586
244,525
14.686
.923.406
,512.023
,653,816
,650,504
42.602

171,136
,402,466

773,730
553,558
.069,957
,458,554

402,132
15,623
608
48,686
44,968
16,436
524,890
,571,175

66,'202, 260 61 ,514,445

92, 763

69,659

467,555
530, 616
.689.137
5.113,,788
1,654.942 20,965, 656 19 ,273,042
1.374.597
3,029.339
2,512
2,512
3.632
115.874 1,357,693 1,286,189
37.226
20,897
38,465
94,819
26,845
39,520
11.400
13,026
526.300
160.800
85,060
88,868
78.644
194.875
8.718

450.408
269.184
186.005
1.371,375
335,052
410,901
134,394
22,480
520,350
175.300
89,800
88,950
83,350
182,'250

10,7,32

9.600
11,700

290,923

1,436,1011

25.1781
332,798
221.725
17,750;
301,04ll 3,937,512
5,881
6,574

30,140
64,360
87,243
175,663
10,803

113,276
419.575
91,240
1,564,684
49,460

452,796
263.503
200,728
1,144,978
315,758

364,787
128.508
18,026
526.300
160,800
85.060
88,868
78.644
194,875
8,748
10,732
1,444,952
295.291
125,1'25

3,586.166
5.881
97.440
4'J9,073

87,243
1,266.690
35.470

Febbcabt

THE CHRONlCUi

\mi.]

14,

Lalf^t Kaniingt Utporittt.

Jan.

Latttl Valt.

1 to

'.BOAIM.
WefJr or Jfo '90 OP 'Ol . 'HO
,

I

or '90. ISSOor'Ol IHMWor'OO

S

I

Am. A Mun. Janiiarv.
Beatll«Ij.H. tcV.. lat wkiKeb

43.0(M)

Sioux City A No Novrmlier.
Bniitli Cnroliiwt
Januury..
Spar. ITii. ti ('^^\ iNovemtwr.

:M.(ii!»
17il.00()'
lii.iuo!

8o. I'lU'ltlrCo.—
Oiil.llar.AS.A. Deccmlier.
Loiils'ii \V("»t.
Deoeinlior.

334.022|

Bar.

.

<i.330

22.447
4,327
14a.iB4
13,035
331.061
107.977

48.000
87,370
283.67
170,000

93.447
27.SI1
142,284
109,182

116,0rt.^

4,285,67h

3,037,291
1,101,569
7.'53.17(1
(i.M.lIT
MorKmrsl,.%T. DeeeuilHT.
5.135,352
Ji.:!;!:!
22.7'J'J
JJ.MCIO
N. Y.T.ifeMex. December.
192.708
l-io.s.;;)
Tex. ii N. oil. December.! I3r>.r.;i
1,171, mis
1.747.805
Atlautio ay.s'iu Deeciiib^T. I1 3:u.i7s i.-j',iij,oi7 i:i.:i 1 1. -••<.. IJ. 14.723
Pacific avslpui November. '3 (MiM.icc j.s4(i.-.;,'>7 ;<-J,lsi.iiii
.522.249
Totiilotnll..]INov«'mlier. 4 307,270 4,126,053 44,lUl,30O 12.640.325
87,.'5:i7;

1.16i>,33:
.I.SOO.SIIJ

I

1

1

1

8o P«c. KK.—
No. J)lv.
9o. DIv.

17S.130

(Cal.)' November.

November.
Arizona DIv.. November.
New Mcx.Dlv. November.

537,.'>S0i

(Ciil.)

Wli.HlO'
yo,93«]
.M.HOOl

I. Hap.T. January...
Stony CI. AC.Mt.. December.
Bnniiuit Brniioli. December.

Btateii

1,430
110,171

176,308
491,724
177.2S6

2,139,668

82.4,S3

957.589
54,600
53.305
1,123,751
955.500

51.616
1,894

91.333
83,849
6.504
16.195
125.446
3.633
80.894
5.550

2,008.394
5,611,392
1,706,435
865,523
51,616

5.0.5O.56H
1,8.50.209

.'.0.974

1.190,054

LykeiiR Valley Dei'enibcr.
Tal.it C'oosaVal. January...
Tenu. MldUml.. ijauuarv. ..

7.i.354

Texas i)c PiumIIc lat wk l'"eb
Tex.a.VaiAN.W. J tiiuary...
Tola A.4N. H. January
Tol. Col. AClH.. l8t wk Feb
T0I.& Ohio Out. 1 8t wk Feb
ToI.&O.Cen.Kx. December.

117.303

24.005'
10.0211

22.225'

West.. 4tUwk Jan

18,675

A K.C. Istwk Feb
Tol.iSiSo.Haveu. January...
Ulster* Del.... December.

27,075'
1.694|

20.901!
20.4381
1,736

69.6581
147.606'

23,506

23,846

369,753

*

Tol. P.
Tol. St.

U

(i.OOOl

17,100,
3.153'
70,2501

Union PaolBc—
Or.8.L.&U.N. November.
Or.Ry.AN.Co. November.
St.Jo.&O'dlsl. 4thwk Jan
Un.Pae.D.&U. November.
All oth. lines.. November.
Tot.U.P.Sya., November.
Cent.Br.&I,.L. November
Tot. cout'leil November.
Uoutaiia Un.J November.

8.397

6.00)1

17.160
707,186
3.1531

76.256
29,408
127.040
109.312
1.694'

921,183
6,564
16,195
785.368
3.633
80.894
26.619
118,025
95.905
71,704
145,280
1.736

333.507

671 ,6981
558 ,5.^)1

586,525 6,881, ,9111 5 958.939
455,520 4.469: 217, 4 .218 458
31.791
61, ,698
123,173
502 ,774' 420,093 5,278, ,200 4 163 506
2, 187 ,121 2, 130.900 22.032 ,847 20.647,454
3, 993 ,124 3 ,722.510 39,852 908 36 096,791
61 .522
90.752
918, 893
7.53.196
4, 054 646 3, 813,2(!3 40,771, 8(M) 36, 849.987
89, ,934!
73,6''6
876, 773
697,796
'2 ,4811
Leav.Top. &8.| N()vember.
2.553
28, n69l
27.102
Man.Al..*; Biir.l November.
3! ,5981
2,800
35, 277
30,847
4S<, ,0061
Joint.own'd.'al November.
39.519
470, ,459:
377,872
Grand total. November. 4, 102 ,6.'^.33, ,852,782 41,242, ,260:37, 227,859
U.S'kYds.&T.Co' December.
269 ,0691 226.091 2,853, ,476 2, 451,038
Vermont Valley December.
13 ,900
14.074
192, 6281
189,751
Wabasti
Istwk Feb 236 ,500 239,572 1,231, 352 1, 361,481
Wall. Chest. &W. December.
.5, ,207
5.234
We.stern of Ala. January...
61 531
59.89?
61,531
59.897
West .Jersey
December.
108 ,334 102.999
,633,746 1,520,171
«5, ,.502
W.V.Cen.&Pltts.i December,!
68.059
981,196
759.127
S, ,265
7.1-40
Wef!tV;& Pitts. December.'
West.N.Y. A Pa. Istwk Feb
64 ,800
,59,300
372,600
3i.5,572
21 ,058
Wlieelin)f&L. E. St wk Feb
19.172
111.588
101.906
Wll. Col. & Air. November.
82 ,091
92,783
886.028
806.576
Wisconsin Cent istwk Feb
75, ,398
81,917
422.927
407,496
8, ,529
Wriiflitsv.ATen. December
7,385
91,069
80,902
13 ,894'

[

i

I

\

I

1

&

Zanesv.

|

Ohio. January...!

11 ,261

9,741

11,261

9,741

b Includes in both years Scioto Valley Division, and Maryland &.
WashiuKton Division (Shenandoah Valley.)
1 Mexican currenov.
d Main Line.

On

the 56 roads which have thus far reported for the Ist
of February the gain reaches o'oO per cent.

week

277

For the 4th week of January our final statement
5-68 per cent gain on 94 roadH.
4<A week of January.

isei.

Prov'ly report'd 52roads)
(

At. Top.

A 8.

F.
Roads J'tly
St. Louis
S.
Roads J'tly

A

iystom

owned

706.102

.

owned

A

H

A No..

Yadidn Val
P. A Kan. C.

Chlcairo St.
Cin. N. O. A T. P. (5 roads).
Cleve. Akron ACol
Cleve. Cin. Chic. A St. L.

Peoria A Eastern
Colorado Midland
Detroit Bay C. A Alpena.
Detroit Lans. A North
EastTcnii.Va. A Ga
Flint A Perc Marquette..
Florida Central A Penln.
Grand Rapids A Indiana
Clnciunati R.

A

Ft.

W..

Other lines
Kanawha A MioblKan
Kansas City CI. A Spr
Kan. City Ft. 8. A tlnva..
Kansas C. Mem. A Birm.
Keokuk .t Western
Kingston A Pembroke.
Little Rock A Memphis..

.

Memphis

42,.572

>«..

Fran

BtirllDirtou C. R.

Onpe Fear

.

Charleston. .
M<!Xican National
,\2

Mexican Railway
Mobile A Birmingham...
Ohio River
Rio Grande Western
St. Joseph A Gr. Island..
St L. Alt. A T. H. Brches.
Ban Francisco A No. Pac.
Seattle L. S. A Eastern
Toledo Peoria A Western
Total (04 roads)
Set Increase (5-68 p. c.)

185,755
41,930
82.887
13.125
87,350
295.516
22,782
381,249
42,568
59,296
15,537
28.122
240,749
88,297
39..582

58,473
11,922
6,805
8,160
8,205
118,240
32,560
9,282
4,053
21,165
36,765
112.287
79,003
7.454
12.861
83,200
13,894
36,110
19,624
10.420
18,675

week of February.

A

Bait.

Inereate.

Ohio Sonthw

Buffalo Koch.

A

Pitts....

Canadian Pacitic
Cape Fear & Yadkin Val.
Cent.

Vermont

(3

roads)

.

Chesapeake A Ohio

OucaKO A
Chtcaso
Chicago

A

Paul..
K. City.

St.

8t. P. A
A West Mich

Cincinnati Jack. A Mack.
Denver A Rio Grande ...
Detroit Lansiui; A North.

Duluth

8. S.

A

Atlantic.

.

Evausville A Iii'lianap...j
Evans. A Terre Haute...
Grand Tr.mk of Canada.
Iowa Central

Keokuk A Western

Lake Erie A Western
LouIhv. Evansv. A St. L.
Louisville A Nashville...
Louis. N. Alb. A Chic
Louisville N. O. A Texas.
Louieville SI. L. A Texas.
Mexican Cenlral
Mexican National
Milwaulree L. Sh. A M est.
Milwaukee

New

ai Norllicrn..
Y"ork Ont.
West.

Norfolk

A

A Western

Nortliern Pacillc
'Ohio A Mississippi

Peoria Decatur AEvansv.

A Western
Kich. A Danv. (8 roads).
Klo Grande Western
8t Louis Ark. A Texas..
Seattle L. S. A Eastern ..
Fittsburi:

Texas

A

Detreaie.

Pacitio

Toledo Col. A Cincinnati.
A Ohio Central...
Toledo 8t. L. A Kan.aty.

Tole<lo

Western N. Y. A Penn...
WheeliuKA Lake Erie...'
Wisconsin Centra!
Total (56 roads)
Net Increase (5'50
'

One day

p.

d

less In 1801.

Detreott.

•

5,380,496
732.643
40,410
169.200
39.737
09.703
11.269
107.773
294,522
19.891

615,481

3.55,122

26,127

2.162

"^US

16.5.55

.....-••

2.103
13,184
1,856

•.—••V
^^^

20,417

994
2,891

46.281
44,667
15.100
26,708
218,456
81,477
36.099
58.060
10,678
6,262
6.413
7.426
131,687
41,815
10,775
4,324
16,027
41,746
111,364
88.473
7.287
12,171
45.150
31.79i
30,140
10,803
7.570
20,901

3,713
14,629

__^

437
2.414
22.293
6,820
4.488

423

_^^

1,244

543
1.747

779
13,447
9,255
1,493

271
6,138
"4,rao

923

"8,87«

167

690
38,050!

17,897
5,970
8,821
2,850
2,226

700,864
476.514

224,350

—

Net Earnings Montlily to Latest Dates. The table following shows the net earnings reported this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month in theee
columns, and the latest statement of this kind will be found
The next will appear in
in the Chronicle of January 24,
the issue of February 81.
Gross Earnings.
Ket Eaminffn.—.
.

.

1890-91.

Roadt.
$
Atch. Top.AS. Fe...Deo. 2.792.382
Jan. 1 to Dec. 31. .-31,562.411
July 1 to Dec. 31... 17.060.913
140,0o3
R'ds j'tly ow'd(i2). Dec.
Jan. 1 to Dec. 31... 1,679,591
July 1 to Dec. 31...
875,392
Total Atoh.system.Deo. 2,932.445
Jan. 1 to Dec. 31... 33.241,999
July 1 to Dec. 31... 17,945,302

1889-90.

—

1890-91.

1889-90.

$
2,578,074
26.686,747
15.002.002
110,711
1,449,716
705,657
2,688,785
28,136,456
15,707,660
604,232
6.052,950
3,498,189
106,264
686,928
710,496
4,185,117
3 399 281

A San Fran. Dec. 583.032
Jan. 1 to Deo. 31... 6.606,272
July 1 to Dec. 31... 3,710,394
137,136
K'ds j'tly ow'd (^).l}ec.
856,284
July 1 to Dec. 31. .
720,168
Total 8. L. AS. F.Deo..
July 1 to Deo. 31... 4,566,677
8.
F.Dec.
3.652,612
Total Atch. A
July 1 to Dec. 31. .22.511,980 19'.892!779
234,402
149,346
Chic. Burl. A North. Deo.
Jan. 1 to Dec. 31... 2,115,442 1,971,159
130,300
108,972
Chic. A West Mich. Deo.
Jan. 1 to Deo. 31.. 1,606,418 1,374,832
54,110
41,933
ClevcI'd A Canton... Dec.
448,612
581,012
Jan. 1 to Dec. 31...
253,129
334.639
July 1 to Dec. 31...
Colorado Fuel Co. ..Deo
July 1 to Dec. 31
95,384
93,516
Det. Lans. A North. Deo.
Jan. 1 to Dec. 31... 1,219,663 1,131,986
445,875
533,236
Loulsv. N. O. ATex.Dec.
Jan. 1 to Dec. 31... 3.236,566 3,027,471
357.713
308,586
Nash. Chatt. A St. L.Jan.
July 1 to Jan. 31... 2,432.711 2,149,411
Deo.
57,652
49,929
Ohio River
680.972
589,770
Jan. 1 to Dec. 31...
49.460
35,470
San Fran. A N. Pao.Jan.
458,774
516,858
July 1 to Jan. 31...
Deo. 1,125,190 1,119,333
Wabash
Jan. 1 to Dec. 31. .13,051,176 12,984,867
July 1 to Dec. 31... 6,984,371 7,272,687
Whltebr'st Fu«l Co..Deo
Jan. 1 to Dec. 31
July 1 to Deo. 31

681,781
9,463.024
5,177.990
def. 16,528
108.093
def. 3,538
665,253
9,572,017
5,174,449
263.874
2,858,735
1,737,933
det.13,103
15,945
250,772
1,753,879
916,024
6,928,331
128,451
876,855
17,286
583,794
19.646
202,861
125,578
35,914
158,776
28,649
392,797
265,414
834,138
133,892
1,006,102
29,392
315,013
5.490
188,951
281.148
3.395,804
2,018,046
13,081
165.440
82.329

1.045,731
8.083,338
5.614.759
3,708

80,053
71,646
1.049,439
8,163,380
5,686,406

343,591
2,788,269
1,766,077
4,810
81,106
348,401
1,847,183
1,397,840
7,533,590
41,706
742,496
7,006

356,367
12,289
147,589
87,315
29,969
163,523
33,654
325,062
234,561
1,037,014

125,347
883,991
22,917
289,676
def. 4,522
157,674
311,741
3.372,975
2.288,519
12,849
110,615
67,283

—

The following roads, in
Interest Charges and Surplus.
addition to their gross and net earnings given above, also
report charges for interest, &c., with the surplus or deficit
above or below those charges.

Eanu^

^Inter'l, rentali. <te.-^ '-Bal. of Set.
1889-90.
1890-91.
1890^^91.
1889-90.

Wabash

•

•

.

East. Illinois.

Chieajro Mil.

1

Irureate.

8,862,920| 8,386,406

St. L.

\$t

1890.

v~
5,780,737

Hhowg

Road*.

A West Mich.. Deo.
Jan. 1 to Dec. 31...
Det. Lans. A North Dec.
Jan. 1 to Dec. 31...
Nash. Chatt. A St. L.Jan
July 1 to Jan. 31...
Chic.

s
23.031
245,816
26,242
318,633
91,211
617,484

s

ft

9

18,722 def. 5.745 def.11.716
118,620
317,078
237,847
7,412
2.327
26.242
def.6,712
74,164
331,774
<6,937
42,681
78,410
324,972
388,618
559,020

THE CHBONICLK

278

[Vol. LII,

&

Philadelphia

ANNUAL REPORTS.
Norfolk

& Western

the year ending

fFor

Railroad.

December

1887.

1888,

1889.

554

594

638

771,348

842,226

558,951

pi£^enKera"'^irriea

1890.
Aver. 826

1.519,675

F?drtutoii87^riea::;: 2,208,688 2,763,376 3,430,114 5,044,278
$685,256
3,40,i220
164,318

P^seDKe?'"
i?el8ht

SMT expi-eM, &e

week in Philadelphia. The board of directors was
The report gives very few
re-elected without opposition.
It states that the decrease in net
details beyond the figures.
earnings is due to the lesser rates received for traffic and to
items charged during the year to replacing damages of the
Jime, 1889, floods. There have been sold at par to provide in
part for expenses of laying 10 miles of new double track and
other improvements $200,000 general fours. $3,503,463 has been
set over from profit and loss to construction, in pursuance
of the resolution adopted at the meeting in February, 1890.
The earnings, expenses and charges were as follows

held this

31, 1890.^

In advance of the annual report, the following preliminary
statement has been prepared for the Chronicle
Mile* operated

$861,778

$940,305 $1,612,260

3,820,106

4,417,315

,5,727.784

217,654

239,504

221,871

Total gross eamiiiS9..$4,254,794 $4,899,598 $5,597,124 $7,561,915
& taxes. 2,483,781 3,001,927 ^483^352 4,838,610

Opei-g expenses

:

EARNINGS AND EXPENSES.

Earnings-

$li771^013 $1,897,671 $2,113,772 $2,723,305

Total

1890.
1888.
1889.
1887.
$1,872,862 $2,045,109 $2,257,920 $2,957,225

Net Income*

$1,451,265 $1,814,008
41,6(18
88,607
(lis)330,000(3;660,000 (3)735,000

Oper'gexp.

(incl.

101,515

MlscelliineoaB
•

pref. stock

Total disbursements. .$1 ,237,134 $1 ,626,551 $2,152,873 $2,637,615

•'

$635,528

HurplUj

$418,558

$105,047

$1,579,883 $1 ,639,954 $1,760,393 $1 ,698, 192

Net earnings

fFor

Railroad.

18W.J

Thomas D.

Profltfor 1890
Profit for

$1,593,279 $1,655,850 $1,778,573 $1,716,440

—

the year ending October 31,

of Mr.

1888.
1889.
1887.
1890.
$1,579,883 $1,639,934 $1,760,393 $1,698,192
13,396
15,896
18,180
18,248

Other receipts

THsbiirsevicnts
Interest on debt
$1, 128,757 $1,108, 176 $1,034,470 $1,034,470
168,ii00
168,o00
168.000
168,000
Intel est on special stock.
174,920
167,341
168,404
183,614
Interest on equipment...

Messier, President, shows that
the result to the lessee in operating the road during the year
was as follows:
Percentage of earnings (70 per cent) allowed tlierefor.* ... $1,283,310
1,182,844
Total expenses as ueretotoie shown

The report

INCOME ACCOUNT.
Receipts—
Net earnings
Total income

St Loui8 Yandalia & Tcrre Hante

Extraordinary expenses
MisceUaneous

$43,478
increase in the earnings from freight traflBc was the
result of an additional amount of tonnage carried and a higher
average rate received per ton per mile during 1890. as compared with 1889. This increase in earnings would have been
greater had there not been a slight decrease in the average
haul, which produced a similar reduction in the ton mileage.
The local fr.Mght earnings increased $54,669, or 16 93-100 per
cent. Of this amount $51,123 was in the earnings received
from the transportation of bituminous coal. The increase in
the earnings from through freight traffic was $34,037, or
8 13-100 per cent. The coal tonnage increased from 439,667
tons in 1889 to 554,071 in 1890, an addition of 134,404 tons, or
29 per cent, while the revenue from this source augmented
from $151,256 in 1889 to $203,379 in 1890, an increase of $51,183, or 83 8 10 per cent.
"A general settlement was effected during the year of the
long-standing account with the Terre Haute
Indianapolis
Railroad Company. It covered the period from date of lease
Increase

"The

&

December 31, 1889, and included all the indebtedness due
by and to the lessee, with interest at the rate of 5 per cent per
annum. The amount due by the lessee on rent account was,
including interest, $944,822, of which $657,665 was settlpd by
26 notes of the lessee company, 25 of which were for $25,000
each and one for $33,685, maturing one month apart, the iirst
one falling due on August 1, 18H0, and all bearing interest
from date. Jlay 8, 1890, to maturity; the balance of the
account this company received in cash. These notes have
to

8,200

8,000

323,331
8,uOO

8,000

Total disbursements.. $1,472,298 $1,512,580 $1,708,721 $1,394,084
$69,851 i322,356
$120,981 $143,270
Surplus

GENERAL INVESTMENT NEWS.

$100,466
56,987

1889

1890.
.$717,222

4,262,254
134,311

$319,610

Includes income from investments. &c.

*

1889.
¥657,945
3,914.488
116,704

$4,036,930 ¥4,373,042 $4 689.137 $5,113,787
taxes.. 2,457,047 2,733,088 2,928,744 3.415,595

Interest' oiTl^nds, &0.... $1,237,134 $1,296,551

Wvldend on

3,671,142
103,605

3,3.51,256

MaU, express, &c

INCOME ACCOUNT.

1888.
ii5y8,295

1887.

$584,159

Pas.senger
Froiglit

Net earnings

Erie Railroad.

fFor the year ending December 31, 1890.^
The annual meeting of the shareholders of this road was

Called Bonds.

—The

following bonds have been called for

payment

Milwaukee Lake Shore

& Western Railway Company

(Ontonagon Branch) first mortgage 6 per cent bonds, dated
1886, due April 1, 1896, to be paid on and after April 1, 1891,
at the office of S. 8. Sands & Co., 10 Wall Street, New York
25 bonds of $1,000 each, viz.
Nos. 1, 3, 10, 16, 21, 25, 56, 60, 76, 106, 110, 112, 1 15, 120, 136, 151
155, 169, 176, 190, 20^, 226, 233, 240, 243.

Chicago

& Western

bonds, dated Nov.
105

on May

1,

1,

1879,

—

Indiana. 1st mortgage 6 per cent
due Nov. 1, 1919, to be redeemed at

1891, at the office of Drexel,

York, 47 bonds of $1,000 each,

Morgan

& Co., New

viz.:

Nos. 42, 76, 108, 150, 159, 182. 192, 273, 298,389,390,421,467,
488, 499, 1316, 1479, 1772, 1779, 1789, 1815, 1847, 1-S93, 1981, 2021,
2084, 2217, 2235, 2265, 2317, 2380. 2472, 2322, 2619, 2683, 2700,
and
2752, 2916, 2979, 3008, 3043, 3070, 3164, 3174, 3249, 3271
1470.

—

Central of New Jersey. The apparent discrepancy between the gross earnings as given in the annual report and
the figures given for 1890 as published in the Chronicle taThe annual reble of gross earnings is easily accounted for.
port includes the New York & Long Branch Division for both
years, while in the monthly reports of earnings this was excluded. An anonymous correspondent writes as to this mat-

and some other

points, and while explaining the facts
be of interest to intny readers, the editors
desire again to remind their friends and subscribers that they
been paid regularly at maturity."
cannot make answer in the Chronicle to anonymous comThe operations, earnings, &c., for four years are compiled munications.
for the Ce«onicle as below
Chicagro & West Michigan. The directors have declared a
OPERATIONS AND FISCAL BESULTg— LESSEE'S BEFOBT.
semi-annual dividend of 2 per cent on the common stock from
the earnings of the last six months of 1890, making the diviOperaliotu—
1886-87.
1887-88.
1888-89.
1889-90.
Passeneers carried.
336.071
346,^12
328,858
3o7,448 dend payments for the year 4 per cent, against 3 per cent in
Passenger mileage.. 20,080,002 20,831,314 17,300,150 18,173.-204
A V. rate p. paHs. i>. m. '.«-325 ct«. 2-101 cts. 2-387 cts. 2-433 cts. 18s9. The annual report will show the following:
Frelg't It^iii.f) moved
1.456,197
1,315,413
1,486,277
1888.
1S90.
1,564,216
1889.
ter

above, which

may

—

:

Prelght(lon9)mU'Ke.l42,867',273 123',212',218 138'.931*.834 136'.40l',318
Av.ratep.tonp.mllo.
788 cts.
0-794 cts.
0-787 cts.
0-858 cts.

Eamttigt—
Pwfenjer

$466,807
1,1-25.723

•

Er«'l'>'«

HalI.exprem, &o....

164,474

.r.J''''!?'*^'''"''*'*""'OperaUug
etpenses.

Net earnings
IXCOME ACCODHT

_K«<JP<*—

*1'737.0<H $1,622,715
1.112,082
l,l-.i3,919

$641,922
ST.

LOOIS

$1981797

$412,943

$442,221

1,092.0!.7

1.170.802
220.277

222-260

$1,727,300 $1,833 .3ni
1,152,123
llls^isU

$575^177

VANDAUA A TEBBB

1886-87.

.

$437,677
»7B,031
207,007

1887-89.

IIAUTE COMPANY.

1888-89
----$318,190

RentaOlOp.ct. earns.
DUbursrmrttts
Interest on debt
Taxes.
General expenses...

$527,111

$4S«,814

$314,930
48.315
369

$314,930
56,853
378

$314,930

Tot. dlsbursem'ts
Balance, surplus*...

$363,614
$163,497

$372,161
$114,653

$369,605
$148,585

—

$U5o|457

54,1»9

47S

d.l,'?,nti2,%75il.\^8t lTin'^gstK3",5:i7^?5.'"'"<=''

lS«qon

l'***-'-*'©-

$549,990

Hross earnings

$1,417,802
1,046,901

$1,374,833
1,018;466

$1,606,419
1,042,624

Net earnings
Other income

$370,901
3,678

$356,367
6.946

$563,795
6,750

Total net

Charges

$374,579
234,718

$361,313
237,847

$370,345
245,816

B,Tlance.

$139,8'>1

123,001

$125,466
12J.004

$324,729
265,528

$16,857

$2,462

$69,201

Expenses

Dividends
Surplus

DanTille

& Wes em

& Western.—The

reorganization of the Danville
(formerly the Danville & New River) Railroad

was effected in Alexandria this week. Officers and directors
were elected for the new road as follow.-i: Pi-e^ident, A. B.
Andrews of the Western & North Carolina Road; directors,
$37o"l59 John H. Inman, P. M. Logan, Samuel Thomas, W. H. Paine,
t$179',531 J. Wilcox Brown, E. L. Daingertield, C. G. Holland, J. S. B.
Thompson. The stockholders authorized the issue of $1,053,bonds as a mortgage on the Danville & vVestern, the
000
principal and interest of which is guaranteed by the Rich$314,930
o4,3.>0

1,^09

-

—

m

mond

&

Danville system. The road is in the control of the
& Danville, and will hereafter be operated in its

Richmond

Fkbrdart

THE CHRONIQLE.

14, 1801.

The line in a short narrow-gauge road running from
Danville to Patrick Court House.
interpst.

Detroit Lunsiiig
18flO will

show

& Northern.—The statement

Company.—The recent application of
to the N. Y. Sto<;k Exchange to li.il its common
preferred
stock
contained
the following:
and
"Th' dividend of 8 per cent (cumulative) upon the preferred
stock is payable upon the first days of February, May, August
and November of each year. Both the preferred and common
stock are full-paid and non-assessable and carry no personal
The company has no bonde<l or
liability to stockholders.
mortgage debt, and the creation of any such debt, except with
the consent of holders of record of at least 80 jier cent of the
pref. stock, is prohibited by by-law." • * "After the payment
of 8 per cent cumulative on the preferred stock and 12 per cent
non-cumulative on the common stock, and the reservation of
such surplus as may be determined by the board of directors
of the company, any further dividends will be divided pro rata
*
*
between the two classes."
"Tlie National Cordage Company is a corporation organized
under the laws of the State of >few Jersey for the importation
of hemp and the manufacture and sale of cordage. In addi
tion to a large working cash capital, the company, prior to
the issue of the preferred stock, had leases for long periods of
Binder Twine Mills including their machinery
the Cordage
and appurtenances, land, buildings, etc. owned by the following parties, and situate in the respective cities mentioned,
namely: L. Waterbury
Co., Brooklyn. N. Y.; William
Wall's Sons, Brooklyn, N. Y.; Elizabethport Cordage Co.,
Carter Cordage Co., Brooklyn.
Elizabethport, N. J.; Tucker
Cordage Co., Xenia, O. J. Rinek's
N. Y.; Xenia Twine
Twine
Cordage Co., Akron, O.;
Sons, Easton, Pa.; Akron
Victoria Cordage Co., Dayton, Ky. H. R. Lewis
Co., PhilaGoodale
Randall,
Co.,
Boston, Mass. The
delphia, Pa.;
previously
acquired
and
still
also
owns
company
the cordage
and binder twine manufactories of the following parties, viz.:
Co., Philadelphia, Pa.; New
Baumgardner, Woodward
York Cordage Co., New York City; the Atlas Cordage Co.,
New Orleans, La. With a view of greater permanency and
strength, the company deemed it prudent to become the absolute owner in fee of as many of the leasehold properties above
mentioned as practicable, and entered into contracts for the
Eurchase in fee of the same, free of mortgage or other encumNational Cordage

Karnlnm
Expenwi*

1«H8.

1880.

1890.

$l,0tl.800
720,oai

$1,131.08(1
80fl,«2l

*l,210,rt'13

~*321.160
311,51G

$32ft.00'2

$392,799
318,633

Not
Cljargcii.'

»ur.

Baliiuve

331,771

8J6.806

$10,023 dot. $6,712 BUr. $74,166

" The directors of the Detroit
Northern Railroad Comimny met to consider the
comi>any"s statement for 1890, and take action on the question
of a dividend on the preferred stock. Although the statement showed nearly 3 per cent earned on the preferred, it was
deemed best to act conservatively, and no dividend was deLansing

with regret, be compelled to seek a successor to Mr. Norton,
they are greatly re-assured for the future bv being able to still
retain his services as a member of the boardL"

for the year

as follows

The Boston Herald says

279

:

&

clared.

" The balance, $74,104, is equal to 2-95 per cent on the 25,100
shares of preferred stock. The expenses were 67-79 per cent
of the gross earnings, against 71-28 per cent last year. The
St. Louis Railroad is operated by the
Saginaw Valley
Detroit Lansing & Northern Company, and a separate account
of its earnings kept, which are not included in the above
statement, but the Detroit Lansing & Northern Company
under its agreement with the Saginaw Valley & St. Louis
Railroad has to provide for any deficit which may arise from
tlie failure of that companv to earn the interest on its bonded
debt. This deficit to January 1, 1890, was $100,628, but is reduced by net earnings over all charges for the year 1890 of
$6,705, against a deficit of $3,369 for 1889, the deficit January
1, 1891, being $98,923."

&

—

Houston East & West Texas. Receiver Howe reports the
earnings for the year 1890 to have been $422,532, operating
expenses, §298,617; taxes, $11,622, leaving net $114,282, which
would be sutHcient to pay 4'i per cent per annum on the preferred bonded and common debt, with accrued interest. This
debt is stated to be $2,520,000, consisting of $1,344,000 first
mortgage bonds, overdue coupons $376,320 and $800,000 in
preferred and common debts. The receiver has no outstanding certificates, and had a cash balance in bank January 1,
1891, of $66,284. Out of earnings during the past two years
45 miles of new 60 lb. steel rails have been paid for and a large
amount expended in ties, trestles and work on the road-bed.

this

company

—

&

—

&

&

&

;

&
&

&

;

&

rances.

"In execution of these contracts, the company so far has
have actually acquired by deed the cordage properties of L. Waterdec'ared the usual semi-annual dividend of 4 per cent on the bury & Co., the Elizabethport Cordage Co., the Xenia Twine
preferred and 1 per cent on the common stock (rom the earn- & Cordage Co., J. Rinek's Sons, and the Akron Twine &
ings of the six months ending December 31,1890. The divi- Cordage Co., above mentioned; and is now engaged in securdend on the common stock for the full year 1890 is 2}^ per cent ing conveyances of the properties leased from William Wall's
and on preferred 8 per cent. The statements for the last six Sons and the Tucker & Carter Cordage Co., leaving still under
months were as follows for three years
lea.se the properties of the Victoria Cordage Co., H. R. Lewis
•
»
•
& Co. and Randall, Goodale & Co."
1888
1889
1890
"The company buys a very large percentage of all the fibre
EarniiiRe
$2,312,991 $.!,586,643 $2,471,640
Expenses
1,482.515
1,687,088
1.747,584 used in this country for cordage and binder twine.
On this
great infiuence in the markets of the world for
Net
$830,476
$899,555
$724,056 account it has
Otherincome
10,176
8,135
10,620 fibre, and the size of its contracts with the producing countries

Kansas City Fort Scott

& Mempliis.— The

directors

:

Total net

Charges
SiirplUH

Dlvirtend 4 per cent pref . 8touk.

. . .

Balance
Deficit Clluton

Road

last 6

$838,611
493,326

$909,731
516,470

$734,676
537,027

$345,285
109,991

$393,261
109,992

$197,649
109,992

$235,293

$283,269

$87,657

$235,293
148,470

$251,269
197,960

montbs

1889

32,000

Balance tor common stock
Dividowl common stock

87,657
98,980

enables the
*

company
*

prices."

to

obtain correspondingly

favorable

»

"A committee composed of the President, the Secretary
and three directors during August, 1890, inventoried the
assets of the company, and reported to the stockholders that
the value of the assets, exclusive of the proceeds of the $5,000,000
preferred stock to be issued, is $12,000,000 and upwards over
*
*
"The common stock is
and above all liabilities."
in the possession of those interested in the property and its

management."
The oflScers of the company are: James M. Waterbury,
Frank T. Wall, VicePresident, of L. Waterbury & Co.
Kentnekj Union. This railway company has gone into the President, of William Wail's Sons; Elisha M. Fulton, Treashands of a temporary receiver. This was done by reason of a ur.r. President of Elizabethport Cordage Companv.
suit brought in the United States Circuit Court.
The principal offices of the company are at Union TownMr. Lavinge
was appointed receiver. Kennedy, Tod & Co., of New York, ship, N. J. Its office in New York City is at No. 132 Front St.
and the Central Trust Company of New York, filed the suit
New Bonds and Stocks Authorized or Offered.—The followagainst the Kentucky Union Railway and the Columbia
ing is a list of new issues of securities now offered for sale, or
Finance and Trust Company. The complainants allege that
soon to be offered
they advanced to the Kentucky Union Railway the sum of
STATES. CITIES. COUNTIES. &0.
$72,.500, with interest from January 1, 1891.
They further
alleged that the railway agreed to deliver $140,000 mortgage Austin, Texas.— $1,400,000 water and electric-Iiglit bonds are to be
bonds in return for the money.
Bbnnktt, Township, Kingman Co., Kan.— $5,500 bonds will be issued.
Lonisville & Nashville.— Mr. Ex. Norton has resigned from Clark Co., Ai,a.—Court-hou-te bonds are proposed.
cent
Balance

sur.

$86,823 sur. $53,309 def.$ll,323

;

—

:

the presidency of this road, but remains in the board of
directors.
His letter of resignation states that his private adn
family affairs demand his attention, and that it has been for
some tune past his purpose to retire as soon as the financial
affairs of the L. & N. Company were in a condition entirely
Mtislactory. The committee appointed to take action on Mr.
Norton's resignation say in their report: " This board has been
the past, and is at present, a unit in the support
of Mr. Norton's able management of the affairs of the
L.
N. system, and they feel that they voice the sentiments
of the company's security and stock
holders
in pointing to Mr. Norton's spotless record and untiring and
dismtcrested work toward the development of the property
with great pride and satisfaction. During his administration
the credit of the company has been placed upon a high level,
and the stock has been secured a position among the sound
dividend paying properties. These results are so lar^fely due
to Mr. Norton's clear and thorough understanding of tlie needs
of the Louisville & Nashville RR. that whde the board wUI,

m

&

Uenmson, Ohio.— $4,770 6 per
1896.

Bids will be received

till

bonds, due Murcb 15, 1882 to
Feb. 16.

Dknton, Texas. —$25,000 improvement Iwnds have been sutborized.
Elhira, N. Y. -$370,000 bonds for streets, sewers, Ac, are contemplated.

Port Worth, Texas.— $300,000

street, sewer, &o.,

bonds are o be

Issued.

GOLDSBOKo, N. C— Will issue new bonds, part o( tliem school bonds.
OosHES, N. v.—$4,000 bonds will be issuofl.
Helena. Mon.— *150, 000 20-yoar 5 percent bonds are contemplated
Herov Lvke, Minn.— $2.000 new bonds will be Issued.
Holly, Mich.— *10,00i) nianuracturine-ald bonds will be issued.
UUNTisGiioN. MoN. — f200,000 pnviui< bonds will be issued.
Indiana.- $;100.000 Si-j per cent temporary loan bunds, due Mn ch
1896. Bids win be receivwl by Auilitor of State, Indlanapollt

Full details are given in the ndvcrtlsemenf a
another page.
Jackson, Tenn.—.$50,000 bonds are to be issued.
Jefferson County, Iowa.—$75,000 court-house bonds are to b
until Feb. 21.

Issued.

La Crosse, Wis.—$10,000 City-Hall bonds will be issued.
Lanbinq, Mich.— $100,000 bonds will ho issued.
I.IBERTV, Neb.—$l..'i0<) water bonds are to be Lwued.

C—

Water works bonds are to be Issued.
I.iNCOLNTON. N.
LiTTLUTON, N. C.— $25,000 bonds are proposed.

.3

THE CHJIONICLE.

280

LoDiBTiLLE, Kt.-$600,000 bonds will he Issued. proposed.
LUVERNK, MiNN.-l25.OOO water-works bouds are
Mkridfn Conn. -1200,000 Welter bond.s will be issued.
,.
^
j.
bonds
MfLW^uKKE? Wi9.-|l50,0;)0 bridse aud .flOO.OOO water-works

purposes are oontemOTe to be issued; $1,400,000 bonds for otlior

...

.
MtSNEAi-oLis, Minn.—.¥60,000 bonds will be issued.
Montgomery, Ala.— $500,000 water-works bonds, are to be issued.
MD8K^SGT-M CO., OHIO.- *75,000 5tliSt bridpe \P«5 ««»^.^«"'»„^^i'^^«
Auditor
1893 to 1903. Bids will be received tlU .March 17 by the
of the County at Zanesville, Ohio.
j. are
„„„ to
»„ be
^ ,,
ho
bonds
cent
per
7
paving
Nkbeaska Citt, Neb.-*14,000

bonds are proposed.
Nkw Hanover Co., N. C— Court-house
are proposed.
New York City.-*2.000.000 school house bonds
sold at auction Feb.
will be

bonds are to be issued
Sbgdin, TEXA9.—$14.000scho.il bonds will be issued.
Shelby, Ky.— .$175,000 ;.0-ycar 6 per cent bonds are 1» be issued.
Cour^hou3o bonds are proposed.
Stanley Co., N.
Stillwater, Misv.-$S5.000 refuudins bonds will be issued.
works bonds wiU be issued.
Two Harbi'R.s, Mi -^n.— $10,000 water-will
be issued.
WiLLMAR, Neb.— $20,000 water bonds
will
be issued.
bonds
WiLMISGTuN, Va.— iilOO.OOO
Winona, Minn.— Bridge bonds are to be issued.

Neb.— $'.;5.000

Wiitcr

Net earnings
taxes

Int.,

& rentals

$462,516
278,139

$505.60.5

282,694

$927,583
564,248

$184,377

$222,911

$363,335

Surplus

$572,573
309,636

Net earnings
Other income

$262,937

rentals

Int.,

$269,618
263,897

& taxes

per cent guaranteed gold bonds.
Chicago E)CK Island & Pacific Railway.-$270,000 additional
first mortgage extension and collateral five per centbonds, making the
total amount listed $33,510,000,

mortgage five
per cent guaranteed currency bonds of the Kalamazoo Allegan &
Railroad.
Rapids
Grand
. „ ., „
MiNNKAPoLis St. Paul & Sault Ste. Marie Eailwat.—$6,710,000
first consol. mortgage fifty-year four per cent gold bonds.
Morris & Essex Railroad.-$901,000 additional first consol. mortgage guaranteed seven per cent bonds, making the total amount listed
first

Milwaukee Lake Shore & Western Kailwat.— $338,000 addiand improvement mortgage Ave per cent gold sinking
fund bonds, making the total amount listed $3, i79,000.
New York Ontario & Western Railway.—$1,100,000 additional
consol. first mortgage five per cent gold bonds, making the total amount
listed $5,000,000.

Northern Pacific Railroad.— $209,000 additional first mortgage
sinking fund six per cent gold bonds of the Spokane & Palouse Railway, making the total amount listed .$1,766,000.
Pittsburg & Western Rin.w ay.— $350,000 additional first mortKMe four per cent gold bonds, making the total amount listed 9,700-

&

Balance

cities."

^Six mos.end.

Dfic. 31.—
1890.
$7,604,797 $15,315,442 $15,477,321
4,934,363
9,937,655 10,337,021

,114

$311,447
284,710

sur.$25,96l

df. $25,739

$2,735,236 $2,670,434 $5,377,787
Pro'n to leased lines
695,387
700,138
1,396,879

$5,140,300
1,434,087

Balance
Other {6c«mc

$2,039,849 $1,970,296
403,916
287,787

$3,981,108
607,697

$3,706,213
471,784

$2,443,765
1,900,939

$2,353,083
1,944,927

$4,588,805
3,778,805

$4,177,997
3,759,319

$542,826

$313,156

$810,000

$418,678

NEW YORK NEW HAVEN & HARTFORD.
^Quar. ending

Oroaseamlngs
Operating entpenses.

Net earnings.
Other income
Tot*l
Int., reut«

&

taxes

.

.

Burplos

Dee.

31.^ .-Sir mos. end. Dee.

1889.
^
$2,711,582

1890.

$2,886,724

1,605,771

2,^9,309

—

$1,062,604
413,51

$716,047 $1,895,923 $2,074,468
452,988
808,778
861,372

$649,089

$263,959 $1,087,145 $1,213,096

Qiurr.

Total

&

SprpiLt.

taxes

ST.

end. Dee. 31- ->

. . .

Int., rent.

31.-v

1890.
$5,918,187
3,955,411

$667,415 $1,766,841 $1,962,776
49,532
129,032
111,692

1889.
aromeaming*.
$1,4.55,958
Operat'g expenses 1,129,036

Net earnings.
Other income

1889.
$6,509,134
3,742,293

$1,015,811
46,793

NBW YORK CHICAGO *
1890.

$1,661,219
1,346,316

sur.$96,421sur. $26,737

DELAWARE LACKAWANNA & WESTERN LEASED
,— Oitor. end. Dec.

LINES.

31.—.,— iSix mos. end. Dec. 31.—-

1890.

1889.

1889.

1890.

$2,073,376 $2,291,179
Gross earnings
Operating expenses.... 1,048,182 1,057,869

$4,577,676 $4,620,036
2,222,178 2,089,577

$l,025,2'l4 $1,233,310

Net earnings
Interest, rentals* taxes

Surplus

542,959

561,333

$2,355,498 $2,530,459
1,110,708 1,140,082

$482,255

$671,977

$1,244,790 $1,390,377

SYRACUSE BINGHAMTON & NEW YORK.
^Quar. end. Dee. 31.-~ ^Six mot, end, Dec, 31.^
1890.

1889.

Gross earnings
Operating expenses..

Neteamtngs
rentals* taxes..

Int.,

Balance

.

.

18S9.

1890.

$213,935
128,505

$209,855
118,599

$490,184
252,744

$475,077
239,588

$85,430
45,552

$91,256
40,123

$237,440
90,457

$235,489
85,028

$39,878

$51,153

$146,983

$150,461

LONG ISLAND.
Gross earnings
Operating expenses.

-Six mo», end. Dee 31.—
1889.
1890.
f2,0J0,»i08 $2,305,062

-Quar. ending Dec. 31.~.
1890.
1889.
$879,341
$759,953
583,457
516,763

Net earnings
Other income.

.

Total income
rentals & taxes.

Int.,

1,159,341

1,322,629

391,467
28,685

$982,433
29,288

$243,190
7,434

$295,884
7,320

$250,623
175,064

$303,204
180,886

$920,152 $1,011,721
447,514
450,004

$75,559

$122,318

$172,638

$561,717

LEHIGH & HUDSON BtVER.
-Quar, ending Dee. 31.—. ^Six mot, end. Dee, 31.^
Gross earnings
Operating expenses

Net earnings
Int.,

rentals

&

taxes.

1890.

1889.

1890.

$65,737
47,421

$90,980
58,118

$149,742
85,517

$188,534
120,272

$18,316
24,100

$32,862
28,243

$64,225
47,460

$68,262
54,265

1889.

def.$5,784 sur. $4,619

8ut.$16,765 sur.$13,997

BROOKLYN ELEVATED.
r-Quar, end, Dec, 31,—,
1889.
1890

— Six mo8,end. Dee —
1890
1889
31.

Gross earnings
Operating expenses..

$407,229
232,594

$456,597
251,599

$732,795
447,465

$852,874
491,686

Net earnings
Otherincome

$174,635

$204,998
3,424

$285,330
3,194

$361,188

1,581

Total
Int., rentals

$176,216
149,588

$208,422
156,667

$288,524
254,472

$368,503
306,504

$26,643

$51,755

$34,052

$61,999

7,315

1889.

Net earnings

Surplus

1890.

202,693

Balance

ERIE & WESTERN.

mos.etid, Dec, 31,—

1S89.

$183,927
209,666

New York

State.— The results for the quarter
and six months endmg Dec. 31, 1890 and 1889, were as below
given, compiled from the reports made to the State Railroad
Commissioners:

^Six

$153,491
127,530

taxes.

Surplus

Total net income
Int.taxes, rent, Ac.

268,508

$606,037
294,590

—

Norfolk & If estern. The Tribune had a special dispatch
from Baltimore, Feb. 11, stating that "The Norfolk & Western
Railroad Company is about to make an oiler to the city of
Baltimore for its stock in the Western Maryland Railroad,
which will probably be accepted. This is the first move in a
project which it is believed will combine several roads, making a continuous system from Bristol, Tean., to Northern

Oross earnings
Operating expenses

$680,877
537,006

$331,107
231,993

tional extension

31.—.

$688,769
536,147

$258,971
75.044

$8,908,000.

1890.

6,681

$2.30,926

$674,190

$227,474
73,983

Net earnings
Int., rentals

five

1889.
$7,472,034
4,736,798

6.681

;sur.$5,721 def.$37,582 sr.$152,622 8r.$143,871

Gross earnings
Operating expenses.

New York Stock Exchange—New Securities Listed.—The
Governing Committee of the New York Stock Exchange
have added to the hsts for dealings the following:
Chattanooga Rome & Columbus Railroad.- $2,090,000 first mort-

^Quar. ending Dec,

$682,088

NEW TORK & CANADA.

Equipment Co.— $360,000 Ist mort. 6 per cent gold
bonds are offered by Messrs. Poor & Greenough. Full details regarding the issue are given in our advertising columns.
Oregon Improvement Co.-$4,000,000 consol. 5 per cent bonds, due
in 1939, are offered at 70 to preferred and common stockholders of
Feb. 4. Option ends Feb. 20.

new YORK LAKE

224.245
6,681

r—Qitar end'g Dee. 31,—,
1890.
r889.

New England

Railroads in

$608,136 $1,394,246 $1,494,891
383,891
712,158
820,695

6,681

Total

1890.

1889.

1800.

Gross earnings
Operating expenses

Balance

RAILROAD AND MISCELLANEOUS COMPANIES.

Lake Shore & Michigan Southern.— $840,000

$316,048

REN88KLAEB * SARATOGA.
^Quar. ending Dee. SI. -^ ^Six mog.end.Dec.3X.-^

C—

gage

LH.

ALBANY & SUSQUEHANTi-A.
-Quar. end. Dec. 31.—, ^Six nwa. end. Dee. 31
1889.
1890.
1890.
1889.
5919,>I24
$1,934,044
$961,104 $1,911,771
Gross earnings
984,188
1,051,493
455,499
457,303
Operating expenses.

1889.

21 at

OT8TER Bay. N. Y.-$25,O0O bonds
"
PALOca" City'. Wash.— 5;6.000 bonds for " sufferers are authorized,
and S20.000 school bonds are proposed.
projioseil.
is
bonds
issue
of
Pasquotank Co.. N. C— An
Princeton, Mi ^N.—*l 5.000 school bonds will be issued.
Rochesteu, Minn.— $15,000 bonds will be Issued.
ScHiiYi-EK,

[Vol,

LOUIS.

'-Sixmot.end, Dee.31.-^
1889.
1890.
$2,314,388 $3,086,606
2,099,000
2,423,588

$326,922

$314,003

3,476

$715,298

5,508

3,476

7,256

$330,398
269,296

$320,411
250,571

$7m.774
513,542

$670,274
501,683

$61,102

$69,840

$205,232

$168,.591

$683,018

& taxes.

Surplus

—

Richmond Terminal. Dow, Jones
view with Mr. Inman as follows:

&

Co. report an inter-

may

as well say right off that I have no option on BaltiOhio. Mr. Gould may have. If he has I know nothmore
ing of it. About five-eighths of Baltimore & Ohio common
stock, or about $8,000,000 out of the $14,000,000, is held
in trust by the Farmers' Loan
Trust Company as trustees for
E. R. Bacon, Robert Garrett
Sons and their associates.
This stock was put in trust June 23, 1890, and the trust
expires Jnly 1, 1893. This stock holds the control of B.
0.
Of this stock the Garretts own $5,000,000, Richmond Terminal Company $400,000, and the balance by
Sage, Pittsburg people, myself and one or two others. The
fact is that E. R. Bacon has been securing an option 00 the
purchase of this trust stock. He applied to me and I gave him
the option on the stock I controlled.
I do not know whether
he is acting for Mr. Gould or not.
It is true that Mr. Gould
has been adding to his holdings of R. T. stock.
He held at
the time of the election 30,000 shares. Within the last three
weeks he has probably increased his holdings to about 30,000
shares. General Thomas holds about 40,000 shares.
No, we
have not bought any line north of the Ohio River, as reported-, and we do not intend to.
Neither do we intend to go
west of the Mississippi.
have not made any trade with
Louisville
Nashville.
The matter has never been taken up
since it was dropped at the time of the panic.
I believe that
Mr. Norton resigned from the Presidency for just the reasons
he said he did."

"I

&

&

&

&

&

We

FBBROAnY

THE CHRONICLR

14, 1891

281

COTTON.
Friday. P. M., February 18. 1891.
(;rop, as indicated by our telegram,
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 130,785 balea,

Thk Movement op the

COMMERCIAL EPITOME.
A

Friday Nioht, Feb. 13, 1891.
against 160.848 bales last week and 195, 103 bales the previotia
was occasioned on week, making the total rnceipts since the Ist of Sept., 1890,
from the Department of Agriculture at 5,358,242 bales, against 5,202,6^13 bales for the same Deriod of
1889-90, showing an increase since Sept. 1 1890, of 855.S99 bales.
of the principal staples

rJDple in the course of speculation

Tuesday by reports
Washington estimating the

,

quantities

remaining in the hands of growers. A violent storm in the
Miasirsippi Valley was of snow in the northern section and of
rain in the southern section, causing floods in the lateral

Reeeipts

al~

Hon.

Sat.

2,140

Salves ton

El Paso, dio...
New Orleans... 10,255

streams and some of the large tributaries. General trade is
There is a partial revival in the exports of broadonly fair.
stuffs, favored by full rates of exchange and cheap ocean
Admiral Porter, the chief officer of the United
(reigtite.
The weather is wintry, but not
States Navy, died to-day.

Savannah

severely cold.
Lard on the spot

Wilmington

503

Mobile

much

will produce

dull,

and

less lard.

**bruary delivery

o.

MamhdoUvery

o.

April delivery

o.
o.
o.
c.

May delivery

5-93
6-03
6-12
6-20
6-31
6-41

5-96
6-01

606
614

6 09

5-90
5 94
6-01

615

603

5'35
5-89
5-96
6-04

9,247 12,223
2,109 1,163

623
884

6,529

707

870
300

Florida

5,890

2,772

2,894

2,941

2,565
2,124

1,931

2.647

l.lQl

1,470

1.617

270

488

506

578

201

211

182
47

2,166

1,877

1,783

819

993

185

1,019

893
373

879

1,378

1.587
1.106
9,886
1,406

1,566

799

10.141
5,763
9,386
7,006
4,339

373

210

Brungw'k, Ac.
Oharleaton
PortRoyal,ito

fairly active,

Keeeipts to

6-00
6-07

Feb. 13.

Cut meats were

but latterly are duU and depressed, closing quoted

pickled bellies, 4^@5J>siC.
pickled shoulders,
3?^@4c., and hams, 7}^'a7J^c. Smoked shoulders, 5(851^0.,
and hams, 8%(39c. Tallow is in fair demand at 4 ll-16c.
Stearine is quoted at 6^c., and oleomargarine, 5 ll-16c
Butter firmer at 22(3 29c. for creamery. Cheese is firmer at 9}^®
lO^c. for State factory, full cream.
Coffee on the spot is rather firmer at 175^c. for No. 7 Rio,
but closes dull; the small sales included No. 5 Rio to arrive at
18 5-1 6c. and interior Padang at 2i)4c. The speculation in
Rio coffee has been at hardening values, yet showing little
spirit, opening to-day somewhat depressed, but recovered on
stronger private advices from Rio. The close was steady,
as follows

with

:

;

sellers as follows:

February

17-10o.
le-SOo.
16-550.

Marali
April

—showing some

I

May
June
July

16'35o.
16-15c.
15-75C.

August
September

463
151
440

154
1,181

22.883 12.812 19.153 29,704 135,785

compared with

1,

1890,

and

last year.

Week.
.

New Orleans.
Mobile
Florida

Savannah. ..
Brun8.,&o.
..

Royal.Ac
Wilmington
Wa8h'tn,&c

15-450.
.15-1 Co.

Raw

sugars are firmer at 5l^c. for fair refining Muscovado
5J^c. for centrifugal 96 deg. test, but there was very
little doing to-day.
Refined sugars are also dearer at 6S^c. for
standard crushed and 6J^c. for granulated. The tea sale
on Wednesday went off at firm to better prices for Formosas,
and otherwise steady. The offering was a fair one. The
private market is quiet.
Kentucky tobacco has been quiet, and sales for the week

are only 150 hhds., but prices rule steady.
Seed leaf, though
moving off fairly, is less active. Sales for the week are 2,400
cases, as follows: 350 cases 1888 crop, Pennsylvania seed, 12c.
to 14c; 800 cases 1888 crop. Pennsylvania seed, 9^c. to 13c.;
800 cases 1889 crop, Penn. Havana, 13c. to 30c.; 700 cases 1889
crop. Wisconsin Havana, 9c. to 12c.; 100 cases 1889 crop. New
England Havana, 16c. to 50c., and 250 cases sundries, 7c. to
37}^c. also 780 bales Havana, 70c. to $1 15.
Refined petroleum is quoted at 7'50c. in bbls., 9-65c. incases
and4'95c.
bulk; naphtha, 7c.: crude, 7-lOc. in bbls. and
.4-55c. in bulk; crude certificates are firmer at 80c. Rosin is
firm, with a fair demand at $1 42(3$! 47i^ for strained. Spirits
turpentine at 40i4.s40J^c. Wool is firmly held with an improving demand. Hods unsettled; a considerable quantity

281,693
24,241

79.621
7.704
49,116

47,888
15,104
28,793

21,213

12,133

42.728
13,525
13.639
125.797
17.00"
9,967
5,052

41,900
7,269
134,604
11,850
9,020
17,569

135.735 5,558,242

99,965 5,202,613

848,135

681,123

Yorlt.

..

Boston
Baltimore.

..

154

<feo

1,181

PMl'del'a,

Totals

1,829

In order that comparison may be m;ade with other years,
give below the totals at leading ports for six seasons.
Receipts

at—

1891.

1888.

1890.

1889.

13,996
34,259
2,930
13,035
2,014

41" others....

15,181
43,273
5.736
19,393
9,036
2,213
10,141
15,649
15,113

7,200
8,518
17,204

14,874
43,107
5,099
19.382
6,691
2,463
9,676
18,818
15,560

5,571
6,755
1,515
4,910
8,669
12,667

Tot. this week

135,735

99,965

135,670

84.137

GNklv'ston, ifec

Mobile

Savannah.

..

I

and

351.0^0
44,362

625
170,615
3,612
522.6S5
230,112
66,679
72,577
66,939
45.07S
33,906

31,259 1,743,335
2,930 227,313
507
21,632
13,035 865,736
3.U8 151,065
2,014 301,206
1,768
796 127,539
13
3,720
7,200 368,326
7,271 296,190
1,-247
44,358
3,511
78,176
54.102
3,950
2,412
60,062
3,676
50,937

10,141
5,763
9,886
7,006
4,339

West Point.
NwptN.,&o

1890.

49,059

47

Nortollc

12,167

1891.

67,231

2,166

.

Stock.

Since Sep.
1, 1889.

786,106
1P,022

P.

New

This
Week.

14,171 866,634
20,979
1.0 10
43,273 1,649,293
5,736 251,160
309
34.286
19,393 917,993
2,124 158.903
9.036 396,265

Glalveston .
El Paso.&c.

Charleston

1889-90.

Since Sep.
1, 1890.

Thi3

New Orleans

Decejiber
13-86o.
advance, especially for the near months.
I

47

the following table showing the

1890-91.

593

;

new per bbl.

19,393
2,124
9.036

FH.
5-90

$11 50@$13 for clear. Beef was fairly active to-day; sales 450
bbls.; extra mess, $6 75 a $7 25; packet, $8s$8 50; family,
$9@$10 per bbl. extra India mess, $13(3 $15 per tierce. Beef
quiet at |13 50(3 $13 75 for

300

2,331

the stock to-night,

6-28
6-26
6-ZO
6 15
Junedelvery.
621
6-36
6-36
630
6-26
6-30
July d livery
6'48
6-43
6-40
6-42
o
650
August delivery
Pork declined early in the week, leading to more activity,
and the close is steady, quoted at $9 50(3 $10 for old mess,
$10 75^$11 25 for new mess, $9 35!^$9 75 for extra prime and

hams

14,171
1,010
43,273
9,736

2,923

week's total receipts, the total since September
5-93
5 99

Total.

1,954

prices

DAILT OLOSraO FUOES OF LAKD FCTUSBS.
Uon.
Tut:
Wed. TKur.
Sat.

Frt.

3,389
1,010
4,396

910

2.655

were steadily deWaA'gton,&c
1,002 3,073
clining until to-day, when there wm a partial recovery and a Norfolk
West Point... 1,120 1,340
good business at5-50c.@5-65c. for prime City and 590c.(a5-95c.
N'wp'tN's.Ao.
for prime Western, with refined for the Continent quoted at 6c.
New York
1,387
1,063
futures
was
a
good
deal
depressed
The speculation in
(§6-30c.
486
Boston
652
by increased receipts of swine at Western points, but to-day Baltimore
158
the market was stronger, with great activity in buying to Pblladelph'a.&o
•cover contracts. The number of swine in the country is nearly rotaU tills week 21,801 29.382
as large as last year, but they are not nearly so heavy, and
For comparison we give

was

TKun.

Wed.

Tuet.

Charl'st'n.&c

WUm'gt'n,&o
Norfolk

W'tPoint,&o

809

1887.

6,574
35,327
2,149

6,716
33,537
2,909
7,902
4,05b

we

1886.

10,092
6.308
14,139

11,899
42,762
5,109
12,049
6,202
1,387
9,908
5.718
7,590

86.582

102.524

929

Since Sept. 1. 5558,242 520-2,643 4736,384'4766.873 4681.221 4443.980

The exports for the week ending this evening reach a total
of 140,664 bales, of which 80,293 were to Great Britain, 13,505
to France and 46,866 to the rest of the Continent.
Below are
the exporla for the week, and since September
Week Endinq

From

Feb. 13.

Sept.

Sasported to—

Ksport*
fromr-

Oreat

1.

1,

1890.

1890, (a Feb. 13, 1891

Bxported to—

Oonti-l Total
Brit'n. Franct\ nent.
Week.
I

I

I

\

Bnat
Britain. »*•<"•«•

OotMnmt.

TotaL

:

m

GalTeaton
Neir Orleana..

Mob. Si Peuc'la
Savanuah
Brunswick

I

Charleston

14,880
14,451
3,309
4,878

l.ril

6,966

17,175

4,709

13,877

10.104

38 592
I

7.3S0

1

S,S09,

22,964

7,S80| 14,6801

WUmlnston...|

were destroyed by fire this week.
Norfolk
On the Metal Exchange Straits tin improved early in the West Point....
week, but closes dull and heavy, with a sale to-day at $19 85 M'portNwB,&e
New York...
for February, and quoted at $19.95 for May.
lugot copper is Boston
entirely nominal. Lead Ls easier at 4%c.
Domestic spelter Baltimore.
quite nominal. The interior iron markets are very dull. Pig
^on warrants in this market quoted yesterday at $14 75 for Pblladelp'a.,tc
ToUI
February and $15 50 for May. Steel rails at mills held at $30
^$81.
ToUl. 1888-»0.i

437.967 21.933
570.617;818,T28
71.867
115.320 87,637
91,278
1(9,015 16,330
79,428
1.647

U,S49

8,171

6,171

217.937!

1«,T41|

12,741
6,680

110,187

...

38.711

...

11,101
4.206

267.180^ 23,424

526
890

11,033

]

.

«.S80|

6,018
8.989

1,830

3,553:

217,

52«

107,096
14.756
18,771'

...

91.019 557.819
102,896 1,-280,236
71.367
341.791' 191,751
109.158
1S.180
201.922
169.677
137,955
56.880
266,786
37J00
134.718
24.581
88.711
119.350 10»,a51
111.317
1.231
"358, 100,617
16,124
1,655

"I

80,293, 13,505
73.856)

8.769

16,866'U0.«81 2.277,630 U'1,279 1,314.160 1.037,069
23.18.» 106.110 -2.178.893

131J67 1.203.168 8313.718

THE CHRONICLE.

262

at-

reb. 13

19,596
13,602
6,000
3,600
None.
18,000
3,400
20,000

Galveston

Barannab
..

Mobile
Morfolk

New York
Other ports....
Total 1891...

84,198

Totall890...

80,545
59,226

Total 1889...

The

21,967

985

None.
None.
None.
None.
None.
850
None.

989

3,022
2.800
1,000

14,500
16,000
None.
3,500
5,750
14,000

69,18.">

4,312
4,052

45.884

oA

,'£

P

to"

p

2.500

None.
None.

None.
24.000
10,000
34,000

295,029
49,618
56.321
28,616
44,362
18,728
115,797
54,100

10,307

185,564

662,571

OJO*

ft>

^ COST

"CO

.

——

OCQp

5^

X 2
00

65b
71,8

85'* 7161,
8*n 8'16
8U,8 8ilie

Wed

Tta.

658

658
7';«

7I1,
71B,

:^

WW

"*

s)-*^:

cocoes
coco

:,

KtM

2

9
9'i«

91 le
914

9"i,

9%

9%

10>«
lO's
1138

10%

10%

9%

10%

10%

1078

lO'^s

11%

11%

lO'e
1138

lO's
113e

niOD Tnea

9J4

9%

Wed

<5

CO

>
5
2

cco

2

ccco

^

tote

5

tocooto

COO'

coco
K)IO

coco
kjcc

CO

&

I

a.'*;

'^o

o

coco

5

wio

"i

eP:

tOCDOtO

;

ei*;

cocoes
c

OS

6®i
go
M
!C

coco

®r:

o

o'-'o

2

MO

£tO

2

ei^":

I

s

I

CO

cccocco

coco

e»;

I

*-;
I

GO

CO

COCO

,^co

m

coco
>iK)

2

ei^;

I

s.w;
to

MtO

O
5
2

wto

5
2
"«

w«.

00

cocoon
itio.i

cDcoo®

m
cocooto

®1-.

(f.M

00

o
to

2
1

I

'

«

;

^

oim
I

a>

Ut

:

to

cocooco

00
s

IOI16

^M

-J

coco
rl^i

5

I

e»

115|..

2

w

o

I

CO

coco

•3

2

OQitO"^

«p;

15

WW 2
00-^

cocooco

sir;
CO
totooto
ciCrj
w

coco

coco

I

I

w

wto

©.!

toto

WW

2

w
cocooco

2

I

»P;

,

cooto

W®W
m w
5
2
"^

co-o
toto

00
1

cocooco
K^.^,0,^

-1

a

I

I

cotooto

to

lb,

71,,

7i,<

7%

7%

7%

838

8=8

8^
9%
9%

8%
9%

83e

9'a

7%
838
8%
9%
9%

en,e

9li,f

9iiie

7%
338
8%
9%

«

:

cocooco

coco
toto

9»«:

e

cocooco
toto^to
coco

a)

I

CO

,

I

w

oco
Ojl
01

5
;

cocooco
OiQO

M

w

;

'

»

^

I

I

er;
to

cocooco
•I

Frl

I

9%

9>a

CO

.!

I

9ii,e

1113,,

STAINED.

non Tac« Wed

Tt.

63s

638

638

7

7

7

7

7''8

7'8

7'8

7''9

63b
7
7 '8

811|,

81*,

811,8

811,,8

Sat.

Good Ordinary
Strict Good Ordinary

mih.

LowMlddUng
Middling

63g

CLOSED.

10%
10%
IIU
11^

8"ia

I>or<.

Saturday Dull and eaeler.
Monday.. Dull and eauy..
TnoFdnv.. Oiilct

Wod'day.

t^iict

Tbiirwlai' Quiet

Friday... Dull at »ie dec.
I

Total.

Con- Spec- Tran- „
nimp. nt't'n sit. Total.
,

131
136

149
143
100

135

709

135

o

1

1

I

I

^

;

u

w

I

I

CO

cocooco

m-3

M

cnc;t

?
I

I

cocooco

Si

I

^

ui

^

3

Fri.

r4"

SAUCS OF SPOT ASD TBAHSIT.
Ex-

-

959

MiJtKET AND SALES.

TOT MAKKET

oto

^1 Oji

91a

9U,8

**

9

a«

I

•I
giot

103,8 103,8 103,6 101,8
10»,9 109,8 10<,« 109,8 }^>
109,8
115,8 116.8 115,8
115,8
1113,, ll>3,^ 1113,, 11
niJ„

MlddUng Fair
»«lr..

7lt8

7'i.

2
"^

X
coeootD
wci®w

c;«c;«

^

5

WW
toto

"^

>1

moo

«.*';

K tO®ti

:

cocooco
loto^ka

I

2
^

WW

CCC0O'.0

to

C0-.0OC0

:;

liio

•'(O

5
2
"

coco
toto

M
*

eto

cocooco

I

1

.s^aO.!)

CO

"la

wto

toto

coco
toto

^

ei";

tOCOO'X

COCOCCO

toco

coco

sr;
o
cocooco

00

COCDOtO

t^it-

wto 2
OQD^-^

cocoon

I

CO
C en 2^

ao'-

5

ICCO

coco

I

5

CC!0

CO

to

totoc«

iw^w
to
00,^

•"

ay;

I

tow^co
coco

cDtD^o

CnCCOQD

t-.COr-'*'
I

:

mm

1-Op-''

om

I

^

^
OpOpOCD

;ccO

s.r:
eOCDOCO

m
c,6°6

<cto

cocooco

2

'

^

GC

C/^QOOOD

teen

^>10>1
WCO 1^

9'lu

Tli

to
CO

I

M

= CO
cj

tc«

cocooeo

cocooeo

856

914

914

CC(0

<
2

,:.-<=,:.

OOM'^
er;

8H

91,,

91,1

9%

OOCOOGD

I

7'8

'«
2
9«4

CO

«,":

I

I

6'i«

3U

8U1

9

I

0000
ttCD

9.<o;

O

"^

OCOOCOO
c6c6®s6

I

Wo

®

%,»^:

I

QOQDOOO
ectD® to

»*^.'

0P',COf»

Fri

^°1«

85j,

5

oooo

—

Dion Tnes

£, O) to

<X)

coop

I

—

Ordinary
Btrict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Btrict Low Middling
Middling
Good Middling
Btrict Good Middling

*

5
tow

c6:p'~*tD

CCCO

market

declined 1-I6c., middling uplands closing at 9 3-16c.
The total sales for forward delivery for the week are 463,300
For immediate delivery the total sales foot up this week
bales.
844 bales, including
for export, 709 for consumption,
in transit. Of the above
135 for speculation, and
bales
were to arrive. The following are the official quotations for
each day of the past week February 7 to February 13.

Sat.

•~i

<

'V
cioc"

cc c5

OOQOOOp

507.388
759,716

173,735
131,863

^

<-1

I

was decidedly lower, the market being unsettled and depressed
by the comparatively fuU crop movement. Cotton on the spot
was dull and nearly nominal throughout the week, and to-day

GULF.

C WW
0000

tOO®CD

Middling Fair
Fair

at

to to

OOtOOQp

Good MiddllDK
Btrict Good Middllnir

"^ h-

I

CO 00

cbto^co

Mlddlinj;

P

05°-

GCXOOO

85)6

o» ^

CD

especially to the large excess of the visible supply in the
of the world. But on Monday there was a stronger
opening, and for a time there was some appearance of buoyancy, with a moderate degree of activity to the dealings, the
effect of a demand to cover contracts, stimulated by a stronger
report from Liverpool, which came quite unexpectedly, and
admonished the bears that their position was becoming somewhat precarious. But in the last hour the advance was lost
imder a rumor that a report would come next day from the
Department of Agriculture at Washington showing that the
quantity of cotton remaining on plantations on the first of
February was much larger than at the same date last year.
This report came on Tuesdav, and was not regarded either here
or in Liverpool as verifying the rumors regarding its cliaracter.
At any rate, the report was followed by a quick recovery of
the early decline. On Wednesday, favored by a smart advance in Liverpool, there was some further improvement in
this market, but it was not well-maintained, the speculation
showing little spirit. On Wednesday an early advance, on a
stronger report from Liverpool, was soon lost, and some further decline took place under full receipts at the interior
towns, causing moderate selling to realize. To-day there was
a sharp decline, the Bulls again showing want of confidence,
and unloading quite freely, although Liverpool reported the
loss of only a small part of her recent advance, and the close

6=9

00

re

•

markets

6»8
7'18

;•»

-00

and

Sat.

IS*

^

I

00

fl lb.

*

t>:

opened the week under review with some depression in tone,
which appeared to be due mainly to the statistical position,

UPLANDS.

'^

D »-

ai

OB (-.-^

.

s.;

speculation in cotton for future delivery at this

Ordinary
Strict Ordinary
Good Ordinary
Btrict G ood Ordinary
L'iw Middllne
Btrict Tx)W Middling

CO g0

D

If?

olob

19.693
22,706

»
—

3)-

C3

Leaving

66,051
17,613
23,300
20.600

None.

76,706

14,3i>3

CD

Total.

tcise.

13,503

sr-^sfl

Stoclc.

Coast-

Other
France. Foreign
Britain.

Great

New Orleans...
CharleBton..

Shipboard, not cleared—for

OS

(>-y

to-night also
In addition to above exports, our telegrams
on shipboard, not
pve us the foUowing amounts of cotton wmUar
figures fo'
We add
Seared, at the ports named.
New York, which are prepared for our special use by Messrs.
Carey, Yale & Lambert. 24 Beaver Street,

On

rvoL. Lii.

Sttlet

of
Futnret.

181
136
149
278
100

42.300
73,800
117,100
62,500
68,600
99,000

844

463,300

The Sales and Prices op Futures are ebown by the
foUowing comprehensive table:

I

I

I

I

1

* Includes sales In Beptemtier, 1890, for September, 228.300; September-October, for October, 349,300; 8eptember-NovemV)er, for November.
382,70('; September-December, for December, 947,300; SeptemberJanuary, for January, 2,260,800.

The following exchanges have been made during the week!
pd. to eich. 200 Apr. for July.
08 pd. to excb. 100 May for June.
pd. t« exob. 200 Apr. for Sept.
17 pd to excb. 100 Apr. for June.
pd. to exoh. 200 Apr. for Sept
01 pd to excb. 300 Feb. for Mcb.
pd. to excb. 100 Mcb. for Apr.
•35 pd to excb. 800 Mcb. for Aug.
pd. to excb. 100 Mcb. for July. •17 pd to excb. 200 May for Aug.
pd. to excb. 500 Feb. for May.
09 pd, te excb. 1,000 Feb. for Apr.

•26
•16
•17
•09
•35
•02
•09

.

.
.

pd. to excb. 300 April for May.

Even. 500 Feb. for Mob.

The Visible Supply op Cotton to-night, as made up by cable
and

telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week's returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
Bgnres for to-night (Feb. 13), we add the item of exports from
the United Stat«8, including in it the exports of Friday only.

February U,

THK

1801.J

1891

1R89.

1890.

balM 1,017.000 l.OU.OOO

Btoolf at Liverpool

20.000

Block at London

at .\ ut wcrp
at llavro
at Muracilles...

at Harccloua..
at (ienoa
at Trieste..

Total Contlucnlal Stock*

1R88.
8M.i>00
Jd.OOO

733.000
4.000

11.000

737,000
3,100
14,000
21,000

Total Oroat Britain stock. 1.O07.OOO 1,028.800
2,4IK)
3.800
at Hiuiilmrg
171.000 138.000
alHri>nu>n
19.000
0,000
at AiiiHtordatii.
400
300
at Kotti'ril:tiii.

Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock

CHRONICLl^l

878,000
4,200
4:i,:{(M
2ti,U(>0

7.000
221,000
3.000
80.000
12.000
10,000

.•S.OOO

300
SOO

170,000
3,000
110,000
16,0O0
13,000

lOO.OOO
4.000
42,000
0,000
8,000

1

527.200

403,700

198,900

317,500

Total EuroBpan stocks.. .. l,ft<14.200 l,4i)l,700
llt.OOO
120,000
Indliicolton ulfoat for Kciropo.
37.j,0()0
47r).OO0
Ainer, cott'iiatloal for I-;iU'oi»o.
Eityi>t,Iira7.1l,Ac.,iiMt tor lO'r'pe

Ii'.I.OOO

3(!.000

StocK lu llnll«<tl HtaU-a |imt« ..
Stock In U. 8. Iiiturlor towns..
United StatiCS exports to-day.

8is.i:ir>

6«1,123

935,900

83,000
3,1)00

4H,OO0
4,000
.5,000

l.lO.-l^'iOO

22.'),000

11!),000

377,000
48.000

3.");1.000

3ti;'.C.">2

241..')!12

8ltl.5Mt
301,24(>

2!M15

9,557

14.341

55,000
901,081
327.450
9,258

3.495,402 2,993.972 2,793,071 2,9(iO,S87
Total vlsllilo suppl.v
Ortlie aliove. the totalsbf American and otner descriptions are as (oliu ws:

American
bales
Liverpool stock
Continentnlstocks
Amerlcai. afloat for Europe...

747,000
421.000
475.000

United .Slates slock
United States Inloriorstocks..
United States exports to-day.

84-<.135

Total American

East Indian, Brazil,
Liverpool stock

<te.

369.652
20,415

CBS.OOO
188,000
353.000
801.081
327,4 lO
9,256

587,000
131.000
377,000
891,581
301,246

806,000
302,000
375,000
681,123
211,592
9.557

14,341

2,890,202 2,475,272 2,304,171 2,417,387

—

300,000
20,000
106.200

Loudon stock
Continental stocks
India altoat for Europe

203,000
14,000
101.700
14«,000
36,000

l^JO.OOO

Egypt, Brazil, ic, afloat

59,000

Total East India, Ac.
Total American

,

.

605.200

146,000
4,000

184,000
26,000

6."),!»00

12!l,o00

22.">,000

lla,000
55,000

48,000

508,700

—

QOOTATIONS POB MiDDUNO COTTON AT OTIIKB MaRKKTS.
Below wo give closing quotjitions of middlinb cotton at .Southern and other principal cotton markets for eat h d ly of the week:
Feb. 13.

488,900

I3ff~

The imports

3,195,402 2,983,972 2,793,071 2,960,857
4'»|,d,
eiitd.
S'-.d.
5^.d.
9IkC.
ll»ifcC.
10c.
lOV.

into Continental ports

tliis

week have been

Uon.

Taa.

Wednee.

Thuri.

r-

9...

9'i«

93„

91,.

9

Savannah...

8>fl

. .

9 '4

9'n

9^

figures indicate an increase in the cotton in sight
to-night of 51I,4;J0 bales as compared with the same date
of 1890, an increase of 702,331 bales as compared with the
corresponding date of 1889 and an increase of 534,515 bales

as compared with 1888.

—

At the Interior Towns the movement that is the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1889-90 is set out in detail in the
following statement.

—

o2
c <*

pi
"

s

»
-«

ss (P

2.5':;

2 ~2.P
3«
"^ —
ETC R
O

^r'jj

!• -3

r

C'J^
CT

C

H
o

Sir's'

HH.",,?-

CD

am

p san',:.. i4

«

to

-^1

*- as Ci

7f>

.

•

OB OB

fis
.

.

9

9'9

9'ii
8''8

8>a
91,
8'8

9

9

9'«

9

9

8t. Louis
Oinciuuatl

..

9U

LoulKVille.

..

9>4

..

9

9%
9'8

914

9%
9H
9%

9

9
9

9

9>4
9>4

9>4

*» H*

— to as coco CO CO (U »3x o ® ^V"i^ *-'r>

9

9

9>4
914

9>4

9>4

The closing quotations to-day (Friday)

WCCC^OCCSW — COO'OC^O'ifc-'-'XtOO
toaiK-iacHOOtfocooooS'TDrorf^*^©*-

«-'•-'

cc

Atlanta

9

Columbus, Oa.
Columbus, Miss
Eufauia

8<2

I

Sk

|

at other important

I

Little

Kock..
Montijomery

SH R.ilelKta
8M Home

8%

Nashville

8'3

8»g
8>9

8^1 Natchez
I

8l-i,«

I

,

Httlma

Shreveport

From the Plantations.— The following table
the actual movement each week from the plantations.

Keoeipts

Indicates
The figures

do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
Snally reaches the market through the outports.
Week

Iteceiptt at tlie

1889.

Jan.

"

"
Feb.
'•

9
16
23
80....

8

ParU. SV\ at Interior Towns. Rec'ptt from Phint'iw.

1890.

1891.

1889.

1890.

1889.

1891.

1

1890.
1

18W.

159.1 10 139,826 317,177 435,668 395,470 166,59.) 14e.027;il7.7be

194JB*

140,178 158,838 174,856 107,093 359,020 417,608 120,703
177,831 116,892 178,913 389,613 325,079 i:6,8r>l 100,371
155,351 139,265 195,103 361,239 287,881 410,110 120,950
128,347 110,253 160,818 336,521 280,548 103,668 101,629

15,5.773

135,0711

123.411

13

122.118
112,951
122,070
132,917
99,9fl5'lS5,735 .320,287 259.957 391,841 119.436 79,374

118,28»
188.382
lSt.40<l

—

The above statement shows: 1. That the total receipts from
the plantations since September 1, 1890, are 5,935,973 bales; in
1889-90 were 5,450,156 bales; in 1888-89 were 5,04 1, 296 bales.

—

2.
That, although the receipts at the outports the past week
were 135,7 J5 bales, the actual movement from plantations was
only 123,411 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 79,374 bales and for 1889 they were

119,436 bales.

Overland Movement fob the Week and since Sept. 1.
below a statement showing the overland movement
for the week and since September 1.
As the returns reach us

We give

by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given.
This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Feb. 13
and since Sept. 1 in the last two years are as follows:

February

13.

Week.

a w poo V. hM-a

** -vno "^

*.!

toGD -I

wx p **x o CO X

-^1

CO -^ CO CO

<:;t

to c

XCO — O'*»'XCCC0X**0tC
CliX

1889-90.

Since
Sept.

/Sfiiiee

1.

ire«*.

Sept.

1.

Via
Via
Via
Via
Via
Via

W^-'i-'PMp'-X

XtOX'

XO(C

Hannibal

781

Evansville
Louisville

Cincinnati
other routes,

5,718
5,946
1,966

&e

Total KTOss overland
Deduct 8hipi)tcnts
Overland to N. Y., Boston, Ac.

—

Is

MCOtOtO*--qxp

Oif^KiV'XXO'^MX co;f..Q;(5aDrf».to:D
'-OQUxcoi-'ococ;'© tOX"tf**».MO«D
CS— OOOiCOM — Ot^O

c

9,738
8,307
1,676

Ix)iu8

Cairo

K>M

i^cor-^MXo

Mf

»-roo>'-»

pi»totocn-ia

wocf'ylowio
oc;*'«to<Dioa)
tfk

CO

^ <0 CO

X
CO

XtOMCOCO* MmOS^J XXOCOOJIOKSO
*. to^x^i:
coxScwx© »x *!» ooIcbS
tOt^

»-•

ll9,t»24

400.871
273,470
54,578
17.144
9S.96S
172,5S8
132,200

17,263
6.t93
1.169
1,089
2,315
9,00
4,847

Hetween

interior

towns

Inland, &c. from South
,

Total to bo deducted.

34,132 1,183,623

42,(:0- 1,149,817

12,680
4,984
3,560

218,.^0l

13.549

87,907
61,412

3,974

243,277
51,340
85,081

21,224

367,820

18,173

379,698

81.3.803

24,435

770,119

I/eavlng total net overland*
12,908
Including movement by rail to Canada.
.

^H-03CD

437,417
227,036
78,973
20,248
155.512
142,513

-"cp'ro't

i^OO'i-'CJiCJ'O^CC

*»-tO
:

j>j

tCArccbit>asi^i£kCCi->c:;;'tooixx:<ixi^
W(t».rf»CX'-*>>05-s|r-UtO*-«CaS03l-CDX

Ct — A
H" 0^ 1^
cotcnxooo
XC»^«0C50

at-

VUSt.

*-KHO->)tOCOK,COM-l(-*COtC»OXtCi"l*ltO

»-•

X oi tg 3i 0. oc u

1^ Co

9'4
9-4

9 '4

—

tSp^ C p tv CS
C O V- X M w

o O'

9
9

9

Shipped

X 0»
O IC

*.

9l8

Southern markets were as follows:

3

8

9U
93r
9%

914

1890-91.

— tc w

Sii
9>«
S's

9%
9\

939

Meuipliis ...

Augusta..

»«4

9^

9-4

i\
OH
9l8

64.000 bales.

The above

9

Wilmington.
Norfolk
Boston
Baltimore...
Pbiludelphia

FrI.

»

Charleston.

513.."S00

2,890.202 2,475.272 2.304,171 2,447,387

Satur.

Oal veston
Maw Orleans
Mobile

••

Total visible supply
Price Mid. Upl., Liverpool
Price Mid. Upl., New York

OKWiHa qooTATion won HiDDuaa oorroM oa—

Week etuUna

!l(>0

700

283

*-•

M

Cf

I

™

2"

?r*

!-•

pc;>j»K,cnwp^jowcorf^N- x^fO-JT.rfk-

O)

co;;ix:oiN.asMXwcoOiuoi*sicocootovi

The foregoing shows that the week's net overland movement
this year has been 12,908 bales, against 24,435 bales for the same
week in 1890, and that for the season to date the aggregate net

»^-l^31*kMCOtO»1*J--COOOIO-K|WOt'^IX

w
M
e

650

overland exhibits an excess over a year ago of 43,684 t^es.

ti^Ttf-tOMlcbQDWoVliojixisbccoto

-jQD«h-Cn.-(0»0»OX0i-^1CJi>UX0SCOIC«t

1889-90

1890 91
In Sight and Spinners'

p •— CO
O

Takings.

M
tn

'lU :o

•-•

ox^a*too'<o

aoco«>^)^Q

'm

C0t0tO<>JQO«

to

OiOSr-

M

— *-:

:

Ccx c;>co*

COCOi^MCOi Oi^-^O'fF^O'^'^XCDOXM

Receipts at ports to Feb. 13...

Mccii-vi:
CO

w to -T

•

V M
-CO"! M
CO CO CO
CC»OC;t-i^^ — Cjf-t *-lX*COO'Xtn*fc
^1 X ^' *- c£ o "- c;
-^ X c -c w
—c o w
C.lJOi^OCOX'X — QCOX>J.t-XO-Ot&
to

c;<

Since

Week.

SepL 1.

99.965 5,202,643
24,435 770,119

Net overland to Feb. 13
Southcru consumption to Feb. 13

135,735 5,558.242
12.908 813.803
10,000 318.000

Total marketed
Interior stocks in excess

1C1.643 6,690.04% 140,400 6,272,762
* 12,321
377,731 "20,591; 247,513

300,000

1(^,000

it..

>**

tf*

show that the old interior stocks have
decreased during the week 10,022 bales, and are to-night 108,060
bales more than at the same period last year. The receipts at
the same towns have been G.OOJ bales more than the saitio
week last year, and since Sept. 1 the receipts at all the towns
are 333,293 bales more than for the same time in 1889-90.
totals

1.

«.

I—

•Louisville tiirurea "net" in both years,
t Last year's tl?ures are for OrlUln.
tThis year's figures estimated.

The above

Sepf.

|OM*g*fcC;'C;tOOXXC;'OiCO
2*

p|0;-i

Week.

Since

Camo

into si^ht during

week. 152,319

Total lu sight Feb. 13

North'n spinners tak'gs to Feb.13
* Loss In stock during w«ek.

119.809!

7.067,?7«

6,520.275

1.506.430

tl.487.«48

It will be seen by the above that there has co-ne into sight
during the week 152,319 bales, against 119,809 bales for the

same week of 1890, and that the increase in amount in sight
to-night, as compared with last year, is 517,601 bale*.

THE CHRONICLE.

284

WEATHER REPORTS BY TELEGRAPH.-Advices

The thermometer has ranged from 34

of an inch.

tO US tO-mght

aging

portions of Alabama, Mississippi
by telegraph indicate that in
heavy. Elsewhere as a rule
been
has
fainfall
and Georgia the
movement of the^crop
favorable
ff t^^somewhat
^e weather has been interrupted
this week by
been
but marketing has
celebration.
Gras
Mardi
the
„*
j„^ of
bad roads and by
on three dayfl
flX^fon Teias.-It has been showery
eighty-nme hmidredth
reaching
precipitation
th^wefk^the
has averaged 54, the highest
of an inch. The thermometer
been showers on two days of
""Fl/Itr '^TL'a^.-The't have
of an
thfwXther^nfall being seventy-eight hundredths
averaged 52. ranging from 26
has
thermometer
The
Sch

[Vol. UI.
to 68, aver-

51.

The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3
o'clock February 12, 1891 and February 13, 1890.
Feb. 12,

•

91. Feb . 13, '9(K
Feet.

Feel.

^Hunt>nAlle. Texas.-lt has rained on t!^° "^^y^an
.*„^,\^«Tt;
ibe
hundredths of °f inch,
the rainfaU reaching ninety-two
from 27 to 76. averaging 52.
theiSSer ha. rangedweather
has been dry all the weeK.
Dallas Texas.—The
lowest 24.
Averaee thermometer 44. highest 63 and
Texas.-TheTe has been no rain all the week
bemg 74 and
Tht thtmometer has averaged 53, the highest

14-7
129
Above low-water mark.
29'4
380
Above low-watermark.
Memphis
37-2
38
Above low-water mark.
Nashville
17'9
25-1
Above low-water mark
Shreveport
44-8
37-8
A bove low-water mark
Vicksbiirg
"Ijote. Keports are now made In feet and tenths.
from all forts.- The receipts
Movement -..-Cotton „.^r^^..^
India v^ixv.1.
xnuiA
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Feb. 12.
BOMBAY RECEIPTS AND SHIPMENTS FOB FOPK TEARS.

New Orleans

Shipment

^Antmio

*S?IL«.-We

Shipments since Jan.

this week.

Continent.

Great

OontiBrit'n. nent.

Great

Total.

Sritaiti

This

Since

Week.

Jan. 1.

121.000 66,000
199,000,69,000

15,000 106,000
30,000 169,000

4,000
9.000

1891 4.000
1890 9,000

Jleceipl$.

1.

Total.

348,000
388,000

have had dry weather all the week. 1889 10,000 40,000 50,000 63.000 190,000 253,000|6St,000 405,000
from 30 to 78.
1888 4.000 38,000 42,000 24,000 112,000 136,000|43,000 237,000
The thermometer ha^ averaged 54 ranging
The therall the week.
dry
been
has
Texas.-lt
According to the foregoing, Bombay appears to show
Columbia,
mometer has ranged from 32 to 77, averaging 54.week. Aver- a decrease compared with last year in the week's receipts of
the
ana
C^tJ rZasJ^o rain has fallen during
3,000 bales and a decrease in shipments of 5,000 bales,
80.
aee thermometer 54, highest 79, lowest
the shipments since January 1 show a decrease of 78,000 bales.
the
of
.day
^lrSCrexas.-Ithas rained lightly on one
The movement at Calcutta, Madras, and other India ports for
of an inch^ The
week, the raiDfall reaching eight hundredths
the last reported week and since the 1st of January, for two
the
and
being
75
"Other ports" cover Ceylon,
^enAometer has averaged 52, the highest
years, has been as follows.
Tuticorin, Kurrachee and Coconada.
past
the
weather
^°'v^l^erford Texas.-V^e have had dry
Shipments since January 1.
Shipments for the week.
weeC The thermometer has ranged from 25 to 70, averagmg

-There has been rain on five days
65.
of the week. Average thermometer
precipitation has been CalcuttaShreveport, Lauisiana.-The week's
1891
on three days. The therBixtv-five hiiidredths of an inch
1890
lowMadras—
mometer has averaged 49, the highest being 76 and the

New

Orleans, Louisiana.

precipitation has been
on four days. The therfive inches and fourteen hundredths
mometer has averaged 51 ranging from 80 to 80.
Mississippi.— It has rained on five days of the week,

^CoHmbus, Mississippi.-The week's
,

Leland,
seventy-four hunthe rainfall reaching three inches and
have been unable to make any preparations for
dredths
has
planting on account of wet weather. The thermometer

I

We

averaging 51.
Helena, Arkansas.— It has rained slowly on five days of the
week the precipitation reaching one inch and twenty-seven
hundredths. News from the upper Mississippi indicates high
water, with an overflow below the White River. Average
thermometer 45, highest 64 and lowest 24.
the
Little Rock, Arkansas.— Vlain has fallen on five days of
week, but the weather is now clear and pleasant. The rainfall
reached one inch and sixteen hundredths. The thermometer
has ranged from 23 to 57, averaging 42.
Memphis, Tennessee.—VVe have had ram on five days during
the week, to the extent of one inch and eighty-one hundredths. The thermometer has averaged 49-5, the highest being
65 and the lowest 27.
Nashville, Tennessee.—Vfe have had rain on six days of the
week, the rainfall reaching two inches and twenty hundredths. The thermometer has averaged 46, ranging from
25 to 64.
Mobile, Alabama.— Rain has fallen on six days of the
The rainfall reached eighty-nine hundredths of an
week.
inch. The thermometer has ranged from 40 to 74, averag-

ranged from 28 to

77,

Oontinent.

Great
Britain.

1891
1890
others—
1891
1890

2,000
3,000

1,000

1,000

All

—

—

—

—

—We

2,000
4,000

7,000
9,000

1,000

2.000
2,000

Total.

21,000
23,000

14,000
14,000

2,00O
2,000

1,000

4,000
5,000

8,000
9,000

5,000
3,000

13,000
12,000

5,000
9,000

1,000
1,000

6,000
10,000

17,000
20,000

19,000
17,000

36,000
37,00©

Total aU1891...
1890.

The above totals for the week show that the movement from
the ports other than Bombay is 4,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1891, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.

Europe

from—

Jan.

iceck.

1.

Since

This
week.

Jan.

1.

Since

This
week.

Jan. 1

50.000

4,000
6,000

121.000
36,000

9,000
10,000

199,000
37,000

13,.000

253,000
51,00©

10,000

137,000

19,000

236.00o! 63.000

304,000

Bombay
All other ports.

Total

Since

This

1889.

1890.

1891.

Shipments
to all

ALEXANDRIA RECEIPTS AND SHIPMENTS.—Through arrangements we have made with Messrs. Davies, Benachi & Co., or
Ldverpool and Alexandria, we now receive a weekly cable of
following
the movements of cotton at Alexandria, Egypt. The
the
are the receipts and shipments for the past week and for
corresponding week of the previous two years.
1889-90.

1888-89.

t3,440,000

75,000
12,833,000

2,438,000

Since
This
week. Sept. 1.

Since
This
week. Sept. 1.

Sine*
This
week. Sept. 1.

8.000 227,000
11,000 131,000

4,000 210,000
7,000 109,000

2,000 188,000
7,000 101,000

1890-91.

February 11.
Eecelpts (cantars*)...
This week...
Since Sept. 1

120.000

Exports (bales)—
ToLiverpoolt .-

To Continenti

60,000

19.000 358.000 11,000 319,000 9,000 288,000
t Revised.
This statement shows that the receipts for the week ending
Feb. 11 were 120,000 cantars and the shipments to all Europe
Total Europet

•

i

A cantar Is 98 pounds.

19,000 bales.

Manchester Market.—Our report received by cable to-night
from Manchester states that the market continues quiet for
both yams and shirtings. Merchants are buying very sparWe give the prices for to-day below, and leave those
ingly.
for previous weeks of this and last year for comparison:

37 to 79.
32s Cop.
Charleston, South Carolina.— Rain has fallen on three days
Twist.
of the week, to the extent of thirty-four hundredths an inch.
The thermometer has ranged from 27 to 73, averaging 47.
d.
d.
have had rain on five days Jan. 9 S'lsaSOs
Stateburg, South Carolina.
" 16 iU. »6^
of the week, the rainfall reaching one inch and six hun" 23 83i6»87]e
dredths. Average thermometer 58'6, highest 73, lowest 28'5.
••
30iS3,,o8iiH
have had rain on four davs Feb. 6 8 «8i*
WiUon, North Carolina.
"
isb's ®8>8
of the week, the precipitation reaching ninety -two hundredths

—We

Continent.

SHtain.

3,000
5,000

Alexandria, Egypt,

lHontgomery, Alabama.— There has been rain on five days
of the week, the precipitation reaching two inches and fiftyAverage thermometer 54, highest 76
three hundredths.
lowest 33.
Selma, Alabama.— lUin has fallen on five days of the week,
to the extent of three inches and eighty-seven hundredths.
The thermometer has averaged 58, the highest being 72 and
the lowest 84.
Auburn, Alabama. The week's precipitation has been three
inches and eighty-one hundredths. The thermometer has
averaged 54'5, ranging from 31 to 74.
Columbus, Georgia. We have had rain on four days of the
week, rainfall reaching two inches and thirty-three hundredths. Average thermometer 56, highest 70, lowest 37.
Savannah, Georgia. We have had rain on two days of
the week, but the weather is now mUd and pleasant. The
precipitation reached sixty-seven hundredths of an inch. The
thermometer has averaged 63, the highest being 79 and
the lowest 43.
Augusta, Georgia. It has rained on five days of the week,
the precipitation reaching one inch and forty-eight hundredths. The thermometer has averaged 58, rangmg from

Total.

1890.

1891.
o, ,..
B^lbs.

Shtrttngs.
8,

d.

l6
|6

4

itl

a?
3 «7
Ha*?

jjpi^g
d.

8.

6 4i«»7
6 4ia«7
6
6

\Colfn
Mid.

4

2

32» Cop.
Twist.
A.

d.

SM »8^
8>4

«8%

8>«
Shi
5
81s
41»i. 83e

as's
as's
as'e

»8%

BH

Cotfn
lbs.

Shirtings.
d.

3
3

8.

»7
®7
»7
»7
•7
•7

Mid.
Vpld*
d.

5%
6I9
61,«

6
61|«.

Feprdart

THE CHRONICLE.

14, 1891.1

TiIK hXPORTS OP (JOTTON from New York this week Bhow a
decrease compareil with last week, the total roachine 11,40t
Below we give our
bales, aicainHt 30,937 bales last week.
UHual tal>li<, showinf? the expt)rts of cotton from New York,
and the liircction, for each of the last four weeks; also the
total exports ami diri-ction since Sept. 1, 18U0, and in the last
column iho total for the same period of the previous year.

XPOBT8 or 0O1TO!l

(BU.K8)

PROM MBW YOBK 8INCB BIPT.

Week Sndinff—
Exported U>—

Jan,

•fan.

Feb.

82.

29.

6.

267,180

326,460
29,862

1,248

964

1,830

23,222

1,520

1,248

964

1,830

23,424

29.862

1,7(18

1,791

2,060

5!S4

1,193

700
220

600
550

«10

20,650
3K.221
S7,4U4

17.477
41,168
83,121

202

.

Bremen
,

,..

Other ports

150

Tot. TO No. ECROPE

2,711

3,051

Bp'n Op'to, Olbr. , Ac,
All other

2,339

3,U6

3,503

94,284

91,766
2,850
6,139

3,968

1,201

50

4,325
20,741

3,958

1,201

50

25,066

,

Total 8pain, *o

.

Grand Total...

8,989

409,954

17,547 14.605 20,937 11.401

457,083

JCTE B0TT8, BAOaiNa, &c.— Although there has been a
very light demand for jute bagging the past week, prices are
steadily held, the close to-night being at 5c. for 1}^ lbs., 5J^c.
for 1^ Ib^., 6o. for 3 lbs. and 6^c. for standard grades.
There have been liberal receipts of jute butts ot late, but
current trade ia of very meagre volume. Quotations to-night
are li^c. for paper grades on the spot and l^c, for bagging
quality

AVERAQE OF TeMPXRATXTRB AND RAINFALL.—As

Of interest

in connection with our monthly weather record, we hare
prepared the subjoined tables, which show the State averages
of rainfall and thermometer in October, November, December

and January for six years," 1885 86 to
thermometer averages are given first

Ratn-

Ratn. Irxvf

fall.

nun.

Day

/aU.

rain

t<M.

»
H

8-9S
1-ae
3-45
4-8^
4-35

^riin.

January.
Rain. |o»v*
/lUl.

407

A
3-75
8-8>

8
81

The

1890-91 inclusive.

8*4
ll«4

(,'94

2
9

8'87
8-o5

I

898

9

()-93

4

3
9*4

4-09
8-28
0-68

6
8
5

1-16
0-65
8-41
4'7B

2

I '52

Hi
13

•2'85

11

8'48

8

487

3

2-61
0.58

9

!

9

Mi

1H
11

VH
7h

South Carolina.
1880
1889 (good)
lH)M(g<K>d)
1887 (good)
188«(T,lr)
1885 (f«T)

IM

8-4i>

4-98
7'43
0-B4
5-95
4-11
2-78
4-41
6-04

10(4

89
6-J7

I

'88

5

'S5J
10

•30
408

ll)i

10^

8-44

mt

m

9
8

9

m

6-78

91«

801

U

3-94

10

1890
1889 (good)
1888 (good)
1887 (good)

S-I9
1-8B
6-35
4-Ot
0-34
4-78

a
3
10

6-65
1-38
5-24
8-81
3-37
4'27

10

1886(fttlr)

1885 (fair)

7H
2
8

0'20
4'8t

10

»>4

418

HK
9^

0'73
a'57

H\i
6Mt

518

2IJ

380
TIO

U

8 82

8

5

3-43

6M

7

103

5

5H

0-01
4-H9

9

4-50
8-08
7'69
4-lt
3'98
5-7*

January.

Ihermotmttr
Averata.

10
8
18
11

^

Florida.
1890
1889 (good)
1888 (good)
1887 (good)
I880(falr)
1886 (far)

8

m
im
8H
OH

8-08
1-74
6-88
0-78
0-91

1-20

ALABAMA.
18i^t

1889 (i[oid)V ..'.'."!
1888 (good)
1887 (good)
1888 (fair)
1885 (fair)

5'98
1.10
4-17
2-62

9
3

mi
73

029

8

8-68

8«

4-88
C-45
4-84
3 49
2-18
3-07

7

0-18
6-30
S'89
0'45
6'48
4' 77

18(2

6
3

m
3
9
7
5
10

8«

a

485

11

3'

14
4-13

11^

9«
0-63

3^
3H

7

1-83
0-37
7-77
0-87
8-31
3-43

5-30
1-8M
6-94
3'3l

«<
t

13

8

u>*
8
11

8

3-11
9'uO

\v!k

8-79
4-23

7
5

406

8>,:

7-58

lOii

4

8-85
3-65
5-33
8-88
3-14
5-81

J?x

7H

laj,

ail,

U>inSIANA.
IHM)
1889 (good)'. !!.'.'.'!.
1888 (good)
1887 (good)
188H(fair)
1885 (fair)

m

«
5

3

4H

8-03
6-33
8'9g
2-61
8-78
3-43

3^

9
5
7

8-27
l-fO
4-78
7-39
S'36

Ki

3-41

5

3-53
0-80
3-48

6

6-6
871

12

mi

3
H
14

9
5

11

18

1?*

7

Mississippi.
1880
1889 (good)..
1888 (good)
1887 good)
1888 (fair)
1885 (fair)

2'89
0-38
2-32
3'89
1-05
1-83

.

«ii

IH
7
8

2H
4

8-5t
4-58
3-87
1-93
4-81
3-78

H
7(«

*H

10

5M

s-io

7

11

3-88
0-59
4-90
5-73
1-86

7

8 74

1

9M

'^

8.67
4-55
4-29
4-78
8.38

13
7t

^
8^

-

5

719

Arkansas.
1890
1889 (godd)'..!.!!
1888 (good)
1887 (good)
1886 (lair)
1886 (fair)

9
8

S-25
1-07
3-12
2-09
1-18

11

108

6

4

4

4-77
7-32
8-79
8-39
5-89
2-00

KS
11

6

8

610

10
18
18

15
9
6

8-80
3-98
3-8»

1»

7

<H

6-87
7-53

TCNHESSEE.

:

Novtmbtr.

IroJST

itl»

asoROIA.

1,520

Other French porta..

Uaiiiliur^

54,1U5

Dau

l^»0
IM8l«<gnod)
IHSSjg.iOo)
1887(goo<l)

I8«5(falr)

6,018

5,422

...

Deecmber.

1

Rntn-

N'urn Carolina.

previtiut
year.

9,018| 9,145 16,857

47Sl

KovmUr.

OtU)Ur.
RatftfaU Avtraou,

1888 (fair)

272,;t01

351

rainfall averages are aa followi:

period

229.831
37,3l0

8,970 16.957

8,tt67,

Havre

Total Fbckcu

Same

Total
tince
«ep(.l.

Fib.
13.

1890.

586

Liverpool...
Otlivr British porta..

Tot. TO Ot. Brit's.

1,

The

285

1800
18S9 (good >;;;;::
1888 (good)
1887 (good)
1888 (far)
1886 (fair)

»«

3-60
1-17
3-SO
2-26

4
iu<i;

6

045
8-65

2H
8H

ISUO

550

A

vaat'iMo^).'.'.'.'.'.

1-04
2-97
2-88

8H

8-39
6-67
4->'9

2-34
6-68
2-95

3-63
1-01

6
14
11
4

802
5'71
a'80
8-88

12
10

a.
8
13

IIM
7

8-18
8-27
4-7«
4-25
4-59
4-35

»
6

1» ^
IS'

u

i»
s
15

TlXts.

N.Car'lina
1«80
1889 (eood)
188« (good)
1887 (good)
1886 (fair).
1885 (fair).
8.

81-2

83-8

««)-4

3^3

77*1

37-5
34-3
3--e
39-9

m-i
ti2-7

7b-8

59-9
57-4
5«-4

585
BO.H
90-3

7B-8

T

25-7
23-2

Ih'i

30B

73-1
75-1

2.2-9

78-4

2«-»
28-9

53-5
62-0

21-6
23-9

51-6
4S-2

87-4
74-6
66-2
B3-B

810

6:t-8

50-0

88-1

14-8
23-6

5B-3I
66-S!

70-7

28-3

7H-2|

28-8

5«-e

26 '0
23-9
64-71 20-9
Bb-4 25-7

43-8
46-0

70-1

6a-7
75-0

29.0
V8-9

48-2
57-7

72-

6

2:V1

442

66-6

68B
660

21-8
17 9

68-6

69-3

240

45-9
42-8
45-4

70-6
79-1
79-0
77-0

310 574
880 82-1
87-9! M-9
•4'

1»'4

153

41-9
Bo-S
40-2

89-S

81-0
23-6
18'8
16-2

42-5
51-3

42-1
39-1

71-6
69'

8-4

44-8

8«-f

70

3U'4
37-2

47-9
58-3
46-n

73-1

27-

46-9

77-4
6<-3
7 3-8

28-9
24-3
21-B
13-0

660

834

4-6

38-5

below:

77(

30-8

81-4

40 3

74-1

80-3

80-1

28-1

QuafMUetof Manufactura of
ton {colored and uncolored)
exported to—

74-6
74-8

24'3
15-6

B3-8
84-5
66-8
58-2
61-4
62-4

74-7
76'5
67-8

28-0
29-5

7B0
670

42«
U-3

Car'lina

18*0
1889 (cood)
1888 (good)
1887 (good)
18C6(?»lr>.
1885 (fain.

8'.-1

37-8

83-7

S-l-O

S3*0

81

Sll-7

«2 8

78-8
Tf-l
78-»
74 •»
76-2

36-3
29-2
Sl-B
30-4

7S-S

33-7

767^-1

2o0

Bo-6|

62-4

755

20-6
29-6
30-5

I

7tct.

44-

861

88'6
41-3
4«-3

era

62-V
«2-H

MS

87-3
38-6
4<'0

360

«3-«
7b-7

aB-5

851

7B-0

40-1

8.-&

76'

90-5
8»-n
8.-«
8>-8
87-6
86-0

4S-4
44-8
48-7
»9-4

72-1
ee-8!

84-8
82-8
85-3
8U-n
82-0
bO-O

781.
75;,

«l-2
ftl-I
81,-4

i!S'9

53-7
S3-S]

S3

si

68-8
70-6

4fl-9

97-7

OlOIUlIA.

18W

87^

1880 (EOOd)
ISM (good)
1887 (good)
18H« (ftllr)
1889 (fair).

841
81-7

56-8
54-7

8294-1

92-8
58-9

76-1!
7b-;-

iSSiSoodS
1887 (good)
1888 (f»lr)
1885 (fair

1-91
1-31

5iJ

1-84
4-18
4-48

6

119

4H

1'1'J
I- 72

S

3
6

5
3

7-85
3-36
5-95

i»
11

4

9K

1-S6
0-12
3.48

4

401

10)4

1-98

8
5

0'58
2-32

5^

0-49
2-10

8^

8

EF" The words "bad," "good" and "fair" following the years given
above mean simply that the aggregate ciop for the year named was bad
good or

fair.

4n-3
45-7

Domestic Exports of Cotton Manufactoeks.—Through
421 the
courtesy of Mr. S. G. Brock, Chief of the Bureau of
S8-5
Statistics, we have received this week a statement showing the
270 45-3 exports of domestic cotton manufactures for December, and for
3U-U 64-8
the eleven months ended Dec. 31, 1890, with like figures for the
23-1
J5-3
18-8 47-2
corresponding periods of the previous year, and give them
128 410

Florida.
1890
1888 'vrod)

ISOBJgood)
1887 ftood)
1888 (fair)
1885 (fair)

88

4t)-3

71-4
71-4

47-8

8»1

40-0
30-7
36-5

66-1
83-4

36-0

81-8
82-1
80-2

336

60-9

33-0
27-0
30-7

60-8
64-7
64-8
55-9
54-8
54-4

76-8
78->
67-8
87-0

60-5

58 -91
67 8:

78.3
79-f
73-8
70-9
70-u

58-1

73-;

29-6

79-8

230

778

28-2
22-8

270

748

67-8
27-9J 54-4
88-8| 64-8

Alabama.
188e'(good)
1888 (Kood)
1887 (good)

1888 fair)
1880 (fair)

88-4
8S-4
f3-5
83.4
87
78-9

85-2
8U-8
4S-8

848
84-p

63

I

B3-3
35-S
3V-2

6'.-2

81-2

82-3
79-0
80-0
76-7
78-1
76-7

21-4

29 8

SOD

89
67

291
305

53-1
58-8

2:l'3

46-8
47-8

22-6
20-8
23-2

'.2-2

273
18-4
12-5

47-B
57-3
47-3
4M-7
44-6
4U-8

45-8

72.0
64-8

68-8
63-6
60-8
49-8
61
62-6

71-5
80-6
72-8
78-1
7.10
70-5

27-5' 18'6

48-8
58-0

75-3
75-5
88-8
73 3
T4-2

46-

6-3

LOtTIBLANA.
87-7
89-3

40-«

88-31

402

67-3

8-.

1887ftood

87

4H-8
38-7

8«-|
88-]

81-0
80-7

(60

35-0
30-6
SG'6

64-b

79-3
78-4
81-8

33-6
S8-3

IIISSISSIPPI
1890
880 33-5 «2-8
1881) (good) 66-6 86.2 81-7
1888fiood) 81I-0 4C-4 811
1887 (good) 85-U 3U'4 57-9
1886 (lair)
840 HiV 8:)
1885 (fair). 7o-7 38-e 60-7

83-5
80-0
77-8
74-8
78-2
78-7

81-8
2B-2
31-t
21-3

28 '8

58-7
50-8
52-4
51-8
53-8
54-3

32-0
23-3
28-3

54-f
46-f
48-V

13-1

51 •(

6«-.-,

77-7
73-7
78-7
78-0
73-2

58-9

78-8

25-0
28-4

589
S48

78-8
73-3
77-3

29'

24-5
28-0

'50

l3-^

4B-1
47-i
48-'

7o-6
7S-2

23-3
27-8

47-0
49-4

81-0
77-2
83-3
78-9
82-3

40-7
27-5
38-3
18-3
28-6

60.8
48-9
68-0
54-3
5S-9

.

86-4
80-0

4S8 08
45-8

*(

.

Si.-l

94-9
S6-5

27-5
34-

266
2;-]
23-1-

88-8
tW-3,
n8-«
8»-i
8»-8

83t.
34-1
87-1

ai',
Siii
3«-^

27-tt

e5-«
70-7
70-

201

468
44-8
44-6
47-1

71-4

17-6
20-1

ei-f

74-3
7B-0

21-1
27-8

80-(
57-r
81-1

87'

2I->.

48-1

8«-2
85-3

68-<

69-.

12-5
13-5
16-8

53-'

86-8

8S-0

;4-8
65-6
88-3
63-0
65-0

850

41-7
57-4

18-3

4S.-B

8-4

8'5
18-0

39-6
»6-8

408

8C-0

29-

56-4

78-4
71-4

28-9
30 5

5M-8
49->'

89-3
78-9
B9-0

la-7

44
4«ll

TiVHisaxx
1890
18(« (govd)
1SH8 (Kood)
1887 (KOOd)

84-8
81-8

18M«(falr).

84-3
78-8

38-V
3I.A
3;-5
28-9
33-2
34-8

1890
89-f'
lffl?(good) 8H-8
„..
1888 (good) 8n-«

47-2
40-2
4t-8

1885

(fair).

b..-4
1-8-7

54-6

S7f
59V
69-1
88-1

84

1

K5-^

}887lgood" 8!S 37t

S3r

88-1-

H8<

m-'\

Mexico

North America

80S

28-8
18'4
8-1

61-0
60-3
48-1
42-1

2«-5
26-5

46-8
54-6

230

45-1
57-6
43-2
41

87-3
43-5

877
fS-7

260 46 2
16« 4:r4

;

Onited SUtes of Colombia.
Other countries in 8. America
China
British Bast Indies
Other conntries in Asia and
Oceanica
.

"";

Other oonntries

SI

-I!

^""** "had." "good,"
th^hl^*
that the aggregate crop tor the

729
7S-4

7S1

151
yo-*\

'

'

'

'

ToUl yards of above

10-7
8-8

43'6
87-3

85-0
18-3

41-8

Yaluet of other Manufacturu of
Cotton exported to—
Qreat BnUhi and Ireland

5-4' 37'.!
73-3
73-3
3-7 38-8
80-7 -5-0 28-3

Germany
f ranee

Other countries in Europe
British

67-0 24-7
76-3 323
Bl-2 21'2
7'3
72-4
70-8
S'S
98-9 -6-5:

40-8
48'8

Central American

SUtes

Honduras
West Indies

37 7

Argentine Republic

380

Braiii

28'8

80-0' 49'4
865 64'4

75-1
77-6

84'8
9-0
9-5

45'5
40'8

7n'»

VO

4'4

"fajr" and "fBll" above
year was bad, good, fair or m\

North America

4l)'4

401

meafi

A BrttUb

United States of Colombia
Other countries In 8o. America
British possessliiQs In Australasia
Other countries in Asia aod
Oceanica

Afrea
Other ooan tries

1890.

431,828
168,145
18,459

23,1>'3

Ii9.350

f88,388

495,048

9.868.766
504.418
1.868.249
5t8,441
6,678,959

1880.

8,414.538
781,365
1,884.534
813.:-

88

0,018,588

904.230

600.171

7,588.160

1.238,157
158.275

1,94I.40,S

18.a-23.8Je

337,001
604.25"
I34,N10
1,837,815
1,780,000
838.280

1.64a683

5,0S'i.Ol4

9.^89,888
8.972.014
18,207,829

8.841,649
1,989,881
19.044.890
84.198.719
4,800,88e

622,410
264.131
8.103.589
9,184.753
778.118

913.777

38,48;t,873

3,140,015

7.800.05S
13.698.689.

168.080
198,376
1,079,870

1,626.922
327,647

11.312.038
1-0708

Ie57.3b4
«-0719

{8,466.038

(8,685.968

|-a8»i

ro7i»

118.488
3.817

117.735
961

047

200

15,022
86.887
11.877

1,8-6
82.334
16,181

1887,968
31,744
3.114
67.974
375,313
165,048

IS80.164
18.401
15.848
63.662
328.485

5.918
10,776
1.537

4.853
10,804

'

Total values of above
Value per rard

77 7
481
850 1821 41-4

1,205.690
19,778
227,878

and

British Honduras
Wast indies
^gentlna Repnblio

Maxlco

TCZAS.

lH>«<f»>-)

Brltlih

Central American States

Xonth enMno Dec. 31 18 mot. end<n« Dee. 81.
1880.

-rarda

Otber countries in Barope

Afirloa

Arkansas.
1890
1889 ((00<1)
use (go d)
1687 (good):
188e(rair).
Ue6<falr).

8-!-8

. .

Oermanr

Braiil

1890
1S88 (good;
1888 Sood

1886*'

Qreat Britain and Ireland.

Cot-

5.6S 9,864
9.0R7.38;l

8,946,297

4,167,144
8,578.807
4,085.844

l;«1.461.788 180.808,818-

1,511
.77

S.0<.8

2,.

2.722
4.04B
8.5uS

1.809
7.822
4,346

84,883

t;o
714

Total value of otber manufaatures of
tl88,09(
Anregate value of all cotton goods 81.440.181

83.928
151
7,7U8

7S.f«0
108.748
8.068
45.141
44.544

:,

10:

llM

8-21,200
70.fle6

88.39S
41.515

ujm68.831

.see
S.974

86.9(18

380.901
8.567
19.838

8I«3St
9.608
18.888

(13S.80S t1. 647.^98 81.717.515
t9M).188 811.lia.4ai 810.368.533

>

THE

286

Weathb aBacoRO fob January.— Below we

IONICLE

(JH]

points they are

from records kept by our own agents.

November

.

December.

January.

1890 1889 1838

1881. 1890. 1839.
~

||

l\ermometer
1890 1889 1888

1890. 1889 1888.

MI88I83'PI.
CtarksdaU"
78*0

77-0

351

57S

.S20
55-6

85-5
37-6
81*8

82*0

82*5

80*8

81*0
3J*0

82

94-0
31-0
60*0

79-C
30-C
54-8

73*0
24-0
48'e

74-0
26*0
43-8

41*8

57*1

T7-0
33*0
55*1

73-0
85*0
47*0

81-2
33-0
43-3

S2-0
33*0
60*5

80-0
40-0
59*2

75*0
33*0
55-0

78*0
34*0
48-0

88*0
32*0
60*2

87*0
31*4
58-8

81*5
31*0
66*2

81-0
30*0
53*6

78-0
81-0

86-0
S2-J

8S-0
30-0
54*0

80-7
36*0
53-9

78*0
29*0
54*0

74-C
23-0

590
86*5
84-5
82*6

81*0
38*0
60-8

83-0
40*0
57*0

770

77*0
24*0
48*4

78-0

85*6
56-1

83*0
32*0
57-7

80-0
48-4

32-8

76-0
28*0
52*8

.

840

Lowest....
Average...

33*0
66*2

80*0
28*0
58-3

80*0
38*0
54*6

85*0
64*0

Htghest...

Lowest....
Average...

December.

January.

1890. 1869.; 1888.

1690. 1889.11838.

1890. 1889. 1888.

1881 1880 185H.

Hlghest...
Lowest....
Average...

Lowest

VIROIMIA.
fforfoUcHlgheat...

LOWMt...
AreraKe..

88-0
37-0
«l-0

810

75-8

40-0

408

sr?

88-8

TOO 780 79-S
300 27-0 330
53.0 63-4 620

61-0

74*0

8i0 280
410 52*0

66-2
20*1
40-4

670
25*0
43*0

76*0
25*0
51*0

67.0
21*0
42-8

83-0

79-2
44-;
59-7

2B-0
47-L

76-0
.%-0
53-0

2V8

2e-.

ei-0

79-3
S5-S
64-2

75*0

870

M-0

800 78-0
320 270
B7-0 58»

67*7

!t8-0

ATerage...

4:)'8

48*0

80*0
87*0
87*0

69-2
28*6
47*5

Htehest...
Lowest....
AveraBB...

84-0

81-0
32-0

551

78-0
23-5
SO-4

79-5
30-0
51-5

63-0
21-0
39-0

74-0
20-5
49-0

68*0

59-0

77-0
31-0
55-2

780

830

67*0
19*0
41*0

75*0
23*0
49*6

68*0
17*0
42*5

S«0

83-0
84-0

78-o:

78-0
29-0
55-4

78-8
SO-0
48-9

68-0
42-9

79-u
87-0
54-7

8S-5

21-0
Bl-8

69*0
24*0
43*0

770 70-0
850 220

Lowest.

..

..

WMan.—

80'0

24-0
50-7

74-1

170
39*9

VharloUt—
Highest.

.

Lowest
j^^erage...

38-0
5lf8

HIcbaat....

86-0

Lowest....
Ararag*..

61-8

Highest...
Lowest....
Average..

7(l-0

34-0

tlonantm —

5!I-S

S7-0
B4-s!

770

240

2V2
»9-8

50*8

4t*4

340 380 400

7rD
240

58-9

53-2

80-0
21-0
53-8

80-0
S3-0
61-2

68-0
22-0
41-9

74-0
24-0
41-0

66-0
19
42-5

760

BU-1

25*0
53-0

63-0
20*0
44.8

78-0
26-0
63-3

7.'S-0'

71-0
20*0
51-5

72-0

74-0

81-0

210 250
470 481

38-8

73-0
16*0
50*7

58-0
10-0
35-3

660 TiO
15*0 190
37*9 462

60*0
13*0
37*8

80-0

78-0

33-0

610

150

B.CAROL'A
Oharletton.—
Highest...
Lowest....
ATerage...
atateimrg.-

89-0 86-0
41-0 43-0

81-1

850

BO-2
84.3

Blgheit....

85-2

Lowest....
Average..

sr?

81-9
36-5

78-6
42-0

61-7

80-4

5U.8J

87-2

81-5

82-5'

81-0
38-0
82-2

790

78-0
S8-0
6S-8

77S 76-5
250 S2M
84-3 535

2S-U
46-7

81-0
28-0
57"«

800

81-0

800

79-8
88-4
58-3

750

78-0

81-0
51-0

370
60*0

67-8
87-8
47-1

72*0
29-0
50*5

78-0
34*0
59*0

71*0
29*0
50*0

890

74*8
28-8
66*7

67-2
25-0
44-6

72*0
27*0

77*8
3^*6
64*5

64*8
26*0
46*7

69*6
21*8
45*9

75*2
83*2
44*1

78*0
27*0

83-6
85*3

690

45*1

a>lum&i<t—
Lowest....

330 3W8 4-«

ATerage

63'

.

...

Average...
fort SmitfiHighest...

Lowest...
Average...

Hlghest.
Lowest....
Average..
.

Hlghest...
Lowest....
Achufood.—
Highest.
Lowest....
Average...
AtttMn..

Hlghest.

Lowest...
Average..

82'9

59'0

80-0

88-0

23-5

310

250

77*0
27*5

56'

53-0

48-0

5;j*0

461

Highest.

Lowest.

.

. .

Average...

590

79-0
38-0
47-0

77*0
80*0
45*0

79*0

768

67-0
23-0
43*0

73*0
25*0

65*5

540

38-8

73*0
33*0
46-0

78*0
28*0
60*0

600

49-1.

78*0
25*0
47*4

77*0
28-0
40-8

65*0
23*0
38*5

76*0
24*0
52*8

70*0
26*0
48*7

78-0
29*0
68-4

85*0
53-8
77-8

79*0
48*0
64*7

77*0
89-0
58*8

90*8
36-7
96*4

80*0
37*0
69*0

77*0
28*0

87*0
52-0

84*0
3B*0
58*8

Hlgfaast...

Lowest...
Averasre...

78*0
28-0
57*0

e9'2
23*0
42*7

78*0
26*0
47*0

80-0
29*0
66-0

70*1
24*8

sror/oUc—
Balnfall.ln

431

Darsraln..

85-0
sa-0
&9'e

81-0
37-0

79-2
40-5
BS-8

71-0

83-0
80*9
41-2

72*0
25*0
42-4

75-0

66*0
18*0
42-3

(f.

45-4

78*0
29-0
57'0

*itianf3k.—
Highest..

820 7J-0 Tro
300 230 28-4
57-8 520 50^

89-0

82-3

87-0

77*0
32*0
59-7

78-0
32*0
59*7

69-4

Average...

77-0
31-0
Bl-8

77*0

410

791 830 80-8
3ii 2tf0 380
81-5 690 500

89*1

ix>west....

87-0
42-0
64-4

•Tsldon.—
Balnfall.ln

88-0
41-0
6»-0

78-0
44-0
62-0

80-0

700 690 78-0
4U-0 2^0 350
580 51-0 Bi'O

6O-0

71*0
28-0
6B-0

72*0

330

61-0
21*0

55*0

420

Afissai"
BOO

400
83S

Columbiu.—
4ro
84-0

Bom*.—
88-0
34-0
SW-0

78-0
61-0

77-0
40-0
88-0

75-0
28-U
42-0

90-0
40-0
»4-J

99-0
4t-0
6S-7

88-0
47-0

84-3

85-0
88-0
6»-6

BT2

Highest...
Lowest....
Average...

900

90-0

860

81-0

43-0
71-3

450

49-a
67-5

390

880

65-B

3U-0
63-9

Highest...
Lowest....
Average...

90-4
48-U
74-4

860 828
490 68-u

86-5

79-0

88-8

70-0

9S-0
88-0
7»-e

91-0
S8-0
85-0

90-9

88-0

Average...

260

800
48-0

23*1

300

47*0

50*8

58*0
2J-0

67*0
27*0
41*0

4-i-O

2ro
61-0

28-6

BOO

Balnfall.ln

Oars rain..

WOMon—

70*0
24*0

27*0
51*0

51*0
23-0
«3'0

HorganXon.—

4X0

88-0
3t-«
S6'9

75*0
84*0
61*6

82-0
32*0
81*3

78-0
24-0
49*3

71*0
30*0
48*8

80*0
30-0
66-9

78*0
20*0
49*2

8 CAROL'A
OeX/g^AKVaJ
g^

83-3
31-5
58-5

80*0
30-0
53-9

8O-0
35*0
B2-0

73-6
27*5
51-0

800
300

80*0

54*2

63*4

74*0
31*0
53'8

69-2

83-0
340| 42-8
61-3 ei-8

8!*0
31*0
80*6

77-0
41*0
63*5

70-3
St*»
B3-8

82-0
33*0
67-6

94-0
42-0
70-7

89-0
38-0
85-7

83-0
23-0
82-9

94-0
29-0
82-9

;:;

83-0
34-0
81-6

82-0
23*0
66-1

87-5
ai'O
72-t

83-0

85-0

84-2

69-0

675

82-0
38-0
80*0

78-0
4^*0
63-8

75-3
b2-0
66-7

840

880
480 475

82-0
38-0
81-1

79-0

28-5
58-2

75-0
25*0
53*0

77*5

74*0
26-0
63-0

92-0

77-0

7.1-0

79-0
29-u

70-0
38*0

67-0
31*0

500 B30
840
»8-0

720

Dars

rain..

Balnfall.lD
Dars rain.

Ralnfall.lD

tUutvUUHlghest....

64-0

47^

.

4«>i)

Average...

74-li

89-4

Highest
Lowest.

87-0
40-0
80-1

89-0

.

.

Average...

AJ.ABAMA

7*2*1

880
420
880

63*6

90*0
45*5
68*7

88*0
42*0
88-5

89*0
3S*t

67-0

87-8

Highest..
.

S^w-r-.::
mitaaat...

430

390

4it-0

65-6
88-0
3J-U
86-

330 2T0
801 54-8

81-5
29-7
54-8

880 85-0 860' 810 770
410 430 480 380 8ii-0
8^-8 880 8S'2
611 08-0

8»-7
33-5
58-9

880

88-0

04

890
B70

84-0
41-0
82-5

88-0

30-0
83-6

82-0

80-0

Sno S«0 4S0
os-e 63-8 nez

.12-0

89-7

40*1)

7T0
43'u
86*0

70*3
31*8
53-6

89*0
37*0
86*2

280

57-0

83*0
48*0
66*0

790
330

70*0
84*0
46-4

79*0
33*3
8u*8

74*0
25-5
52*2

89*0
21-2
46-B

76*0

78*0
29*0
67*3

70*0
26-0
47*4

72-J
25*0
49-U

68-0
SO-0
49*0

77*0

69-0
81*0
49*8

64*0
24*0
45*6

60*0
26*u

76-0

3*94

12

16

1*88
10

3*87
7

5*85
13

BUtbMt'...
Lowaal....

87^> 90-0
49-0 BOO
<»0 70-4
87-9
84-8

J^^
Avangal!
MIMUM'i'l.

29*0
51*0

692

760

77-0

31*0
54*1

320

78-0
81-0
53-0

81*0

77D

880
630

3-J-O

780 760 78-0
330 240 290

TOO

800
810

80.8

88-0
»7'0
65-0

BJ-l

B4-7

BicHett...
Iiowest ...

64-0

80-0
31-0

85-5

58-1

8j'4

58-7

770

59-1
84-2
33-5
63-4

880

83-9

33 -u

888

82-u

B9'<

•0-0 95-a •2^
S2-0
8«-0 08-U

81-0

810

8 to

««'0

na-o

88-0
81-0

88

88-0

88-0

sro
850

.Average... e4-b

Ulandr-

Blghaat-..
Lowest....
Avaimga...

810 810 84-8
44(, 380 410

880 87-4
890 485

am

...
.

870
547
vrv

88-0 880 88-0
airo 40-0
87-4 SI1

Highest...

,A varage

710 7.5-0
230 200
400 48*0

80-8
20-5
38-6

64-0
27*7
42*8

79*0
33*0

420

510

65-0
21-3
41*6

72*0
25*0
59*0

690

81-0

19*0
37-5

210
40*3

71*0
23-0
48-8

58*0
21*0
40*9

68*0
20*0
41*8

78*0

690

61*0

14*0
62-4

78*0
24*0
40*8

780

2<!*0

21*0
51-0

220

81-5
42-8
80*8

76-0
37*0
53-0

75*0
47*0

71*0
40*0
56*8

66*0
34-0
52*6

74-0

8!t'4

63-6

68*5
32*3
52*4

87-1
82-0
63*2

81*0
21-0
53*4

80*0
81*0
64*8

73*0
39*3
49-8

68*0
28*0

480

78*0
32*0
55*5

70*2
24*6
47*1

84*5

83*0
29*0

80*01 72*0

730

79*6

350

3V5

56*6

54*7' 65*41 54-0

31*0
49*7

330
580

75*0
28-5
4b-8

87*5
21*6

51*8

416

64*0
32-0
40-4

14*0

48*0

86-0
43-0

si-r

58*5

170

23*0

40*5

350

1

88*5
5U*1

81*0

67-0
74*0
29*0

880
48*9

4ro

68*0
20*0
46-1

99-0

M-0
84-8

99-0
32-0
82-8

78H)
Si-O
59-0

80-S
44 •«
62-0

290

8*0

53-0

830
330
6I,'4

86.0

(80

Strui
92-2!

32-0

812

87-0
29-u

510

80*0
34*0
58-4
7«*0
87*0
62-2

80-0
39*0
64*3
78-0
31*0
83-1

78-3
80*7
51*2

741
8B'&
48*8

770
S»*0
63-0
61*0
29-0
45*3

4*9;

740
88-0
48-0

M-3

Balnfall.lo

3*38

60*0

Dars

rain..

8O-0
Bl-8

35-3
53-9

S3-I)

62*0

Balntall.ln

Dars rain..
9avanndh.—
Rainfall.lB
rain..

Balnfall.ln

Darsraln..

Oars

rain..

f.rrtvth.Balntall.io

28*0
64*0

29*0
45*0

76*0
28"0
55-9

67*0

rain..

KJO
46 8

BalQfaU.ln

Dars

rain..

Lnkt City-

Balnfall.ln

Dars

rain..

Balnfall.ln

84-0

«-o
840 *ro
BB-8

S-73

S50

0-81

015

2-8J

4-46

1-58

3

12

14

8

1

"

0-23
4

4*44

10

4-BO
9

0*31

3*89

3-86

6

»

2

6

7

7

4*18
7

0*85

6-37

4-88
40B

12

10

8-85
10

0*20

6

1

4-BO
6

8-18

6

4*10
4

8

3

7

4-64

0*73

4-83

0*43

7*28

7-54

101

0-03

9

3

4

6

9

4

1

0*80
6

3*83
7

1-76
10

1*81

8

1*47

S-B7
6

2-28

1*57

7

6

2*81

8

3*85
7

4*85

0*80

8-43

8

3

6

1*69

3*81

0*48

10

8

3

3*30

0-86
1

8*35
4

4-60

6-87

3*80

1-02

9

6

4-67
10

8-67

3*92

8

12

0*84
7

6-16
13

l-Ol

&-aa

4

8

5*U

3-14

9

6

8-85
10

2*12
10

3*33

1-28

8

8

0-75

S-98

8*80

9

8

0*90
8

4-91

1

"r

S-07

3*81

107

8

11

U

8-lS

8-9I

1

i

3*33

3-81

"

3-05

,

9-46
IB

11

11

3

10

4

3*96

I.B8

0-47
5

3-34

4-03

10

3

8

8*29
12

0*80

7

1-18
8

0*55

3

6-37
11

»-73

9

3*99
12

0-18

617

4*70
10

3*89
10

0*60
4

6-42

8*73

14

8-95
11

6-39

7

6-81

0-5\

3 53 3-74
9
13

8*90
8

0-00

3*87

1*00
7

0-44

6-36

884

0*20

4*87

1

2*80
4

U-59

3

3*68
3
8*20

S*8U

6*M

4-89

8-21

15
4-18

6
0-31

8

3

6-08

8-0-.

77-0
19*0

810

49*0

70-0
28*0
45*0

25*0
57*3

78-0
83*0
48*0

76*0
80*0

80D
880

66*0
12*0

70-0
21*0

600

B6-0

40*0|

75-0
24*0
47*0

20*0
40*0
70*0

13

6

8-18

0-00

lr94

It

5

8

0-10

S-81

3-40

B-50

7

10

10

10

IB.
14

7

2

8

8-20
7

0-85

2*10

3

8

2

8

4

3

7

9

2-60
5

5*89
10

812

4*8€

0-50

5*28

5-41

8*88

0-77

7*8^

8-87

8-M

2

10

2

9

10

7

8

4-53
7

12

8

11

9*07
11

1-2.

8-00

8-2«

Ofll

4-16

1*37

0*00

0-83

10

5

3

8-88
11

1*18

1

6

9

5-93
16

5*05
13

1-61

3-48

3-31

3

8

9

1-66
7

8

215 ISO

6

18

8

"1

8
1-3S

B-43

0*00

5

12

1*9'

3*87

10

1

7

0-01
•

1

3-87
11

1

8*17

1-25

8

5*22

8

0-94

3

2*80

7-61

5

10

0*0)

0-08

4*48

I

'

9-61
14

1

2*21

8-75

Darsraln..

8

1

8*80
8

Darsraln..
taUalMt$ee-

8

3-26
12

0*97

8-68

8

18

0*92
8

0-03
2

9*03

0*96

11

7

0-34 10-62
14
5

j

0*83

6

8-37
7

6-10

9

8*90
4

0*00

4*15

•

3.30

0-78

8-85

6

3

9

3*57
14

2-53
16

6-70
14

1

ar<mt«am>v.Balnfail.in

1

5*87
10

1*00

0*a8

617

S-38

8*13

9

2

11

8

1*83
4

0*48

4

4

3

5*68
10

0-08

6*78

346

i*5S

0.5a

9

5

3

13

0-60
5

5-07

3

3*83
10

6*50

4

2-48
11

0-3 i

rain..

Balntall.ln

5-27

1-81

1-41

+

8-01

3*15
2

0*11
4

4*68

5-8:

1-78

6

7

5'52
12

2*82

0-68

8*94

Dars

rain..

Balnfall.ln

Dars
Dars

rain..

Baiafall.ln

Davs

5*31.

9

2

8

1

7

7*21

1-38

4-39

0*18

9

3

6*88
10

ralu..

8

LOnia'ANA

8

T

3

.4

6
8-84
7

6

13

9-18

U

6r*VfOrUan»Balnfall.ln

Dars

Ilmvtpnrt.—

80-0
81-0

8T0

Darsraln..
arrl. Ooteau-

49-bI

47 »

Balnfall.ln
Bainfall.tn

Dars

5*24

rain..

2*0 280 260
470 592 47-4
77*0
81*0
46*6

4

•

0-75

IToMte.-

880

28*0

0*38

5-87
11

8-03
4

89*5
3i*8
69*6

61*3

30*0
62*0

83*0
?»*0
67"?

10

8*43

10

ALABAMA.

310

78-0
21-0
82*0

87^
8V0
688

1*13

11

4

5*46

89*2
26-4
47*4

82*0

ffa

8

3*40

Ratnfall.ln

78-5

53D

3-83

6

.

73*0

63*9

60*1
9

0*77

11

JacktonvUl^

Dars rain..
Tampa.—

82-0
38*0
83-1

58-6

371

11

rLOBIDA.
Balnfall.ln

Vrl.ft

2rt*0

8'5S

1

Ootembus.—

Dars

810
28U

73*8

1891. 1890. 1889.

0*23
3

005

1*53

ASSK.fi"'"

Balnfall.ln

75*0
87*0
Bl*8

70-2
21*2
47*8

January.

December.
1890. 1889. 1888-

1880. 1888. 1880.

QBOBOIA.

Dars

71*3
89*8
53-8

79-0
84-u
63*8

31*0

8

10

Dars rain..
4
8
10
Columbia.—
BalnfalMn 4*35 8-68 429

BalQfall.ln

79-0
83-6
85-0

TK-O
87*0
sa*4

79-0
33*S
55*4

Auviuta.—
76*0

58-3

79-0
27-0
56-5

460

1

3*31

9
4*88
7

Attburn-

2?
61-0

511

1

ntiMtiUIsliowast....

48*2

65-0
13-0
39-5

Wowember.

7*56

Soms.—

865 81-0
Lowest.... 840 3«0 43u
8«» 931) 82-t
88-0

Lowest

68*1

3*96
11

Dars rain..
StaUhurg—

BontfiraiV-

.

89*0
54-0
72-0

ralQ.,

64-0
23-0
43-0

Lakt CUu-.

Lowest.

Davs

70-0
24*0
53-0

7ampa.—

.

Ralnfall.ln

Balnfall.ln

I^LORIDA

. .

43-0

80*0

36-1

nrumingt'nDarsraln..

/uJisont><Ue.

HIglMSU...
Lowest.
Average...

64*0
24-0

230

CAR'NA

64-0
85*0
44*0

34 '0

tonvth.—
Highest...
Lowest....
Average...

78*0

51*0

VIBaiNlA.

71-0
28-0
48-8

lowest

78-0

300 380

October.

79-0 800
320 240 890
68-8 560 51-6

Ijowest....

21*0
45*5

aoin/HB.

eo-0

Highest...

440

280 210 ZoS
420 500 41*7

Alue«n-

83-8
41-8
B8-0

Highest...
Lowest....
Average...

64-0
27*0
43*0

77*0
28-n

44*3

591

TBXAS.
Highest....

88-0
38-6
82-0

Lowest

B50

220

28*0

Qalvaton.-

BO-0
38-0
8»'0

Highest...

66*0

72*0

1880. 1889. 1888.

Lowest....

75-0

78-0
28-0
61-5

Msmphis.-

OBOROIA.
SShesT...

63*0

23*0

410

PjtoMns.87-4

Highest.,..

6S*7
23*0
42*5

780

18*0

413

rBNNBS'E.

N. CAR-LA.
WilmingtonIllKhest.

Higoest...

-

1

620

74*0
2i-0
45-9

360 370

asfano—

—

74-0
22*0
48*1

82-0

20-fl

UUU Roek.-

Novimber,

- -

73-0
28*0
46*6

73f0
26*0
66-8

77*0

ARKANS'3

October,

ntrmmnettr

0:tobe

give the rain'

fall and tllermometer record for the month of January and
previous months of this year and the two preoedmg years.
The ftguree are from the records of the Signal Service Bureau,
except at points where they have no station, and at those

UL

[Vol

b

rain..

0*2«

7-3f
7

0*48

8-18

0-fl7

36S

3*7!

4

8

1-50
10

8-58

2

3

2

IL

11

0-86
7

1-06

8-73

8-07

9-10
11

8-40
11

8-38
8

0*6 <

4*98
8

5*10
17

5-15
IS

4-08

2-85

3-36

2*53

s-ro

8

3*76
4

403 lois

7

8*27
2

7
3*53

8
4*98

6

2
+

8
3-8S

1

B

1

5
1*51
1

4

7

1

7

7

1*
13

10.

Febrdaby

THE CHRONICLE.

BaMaa.

14, 1891.J

January.

Iftvembtr.

Octobir.
ttwo.

law.

ua»

IUInr*ll.ln

e-7»

a

0-40
1

s-ue

Dktb nUn.

8-01

0-78

8-M

s

a

10

1

arvi

1-67

4-8e

8

4

11

1-58

its

8-88

I8M. 18W. 1888

utM./i8i».

una

189L lma.1 1889.

LOCIB'ANA
lAbtnyHOIB

3-18
4

ri8

4-ai

1-91

1-71

e-87

7

4

3

a

8-18
lu

8-8«
8

808

8

0-81

4-ta

8-86

8-18

0-80

8-83
11

6-98

8-31
11

488

18

MIBglS'Pl.

OMttmMu.—
RilnfiUMD

Mji nUn.

FMwntn.-

8

0-10
a

BalnfHlMn

3-10

0.48

Dajri ralD,.

7

IUInf*n,ln

D»7t

tmln..

Ulmnd—

8-90

8-34

4

1

8

11

8-19
11

8-S8

0-99

8-84

8T9

8

1

4-19

4-47

0-88

1

8

8

7

9

a

1

7

4-88
18

0-80

1-78
4

8-01

8-68

tf-88

4-81

018

a

10

7

a

1

4.17
4

8-00
16

Ctarkii(tat«—

Hnlnfalljn

Days

9

rain.

16

1

4-71

9

Rkceipts

COTTOK RECKIPTB

8-15

I'M

8-39

3

18

8-81 10-80

7

8-8S
10

2-88

14
6-8)

8-01

4-36

8-84

7

0-14

4-43

4

7

O-IO

4 76

7-6S
11

L.N.

8-48
18

0<kT

1.0...

7-30

10

view of the changed

dtp

16,003
39.016
22,853
73,671

&N.E

So. Pmc
All rivers

LINES.
Total thU year Tot. tatl year
itnoiUlu.
imonlht,

Jan. '00.
70,441
37,679
53,175

4.'5,911

*N

HEW ORLBANB BY ALL

BALC8) AT

(IN

Jan. '91.
77.876
44,859

Llne$.

N. O.

UtUi

New

in cotton at
Orleans this year, the following,
handed us by Mr. R. T. Wilson, will be of interest showing
the lines over which the receipts have been marketed thS
season and last season.

T.
L.

6

New Orleans.— In

at

movement

14

ARK'NSAB.
Itock.lUlnfall.lD
DttTB ralD..

Carolina. 06 per cents South Carolina, 8ft; Oeorgla, 85; Florida, 90;
Alabama, H6; MIssl'Slppi. 86: fiOulslana, 9i>: Texas. 89; Arkansas, 80;
Tenneosee, 8 ->; general average, H7. The proportion of lint to seed la
reported at 32 tn .13 per cent; the better results being in the Atlantlo
Coast States, lu lyoiilsiana and Texss.

4-38

a-oa

287

10,.^80

13,360
18,750
61,437

336 083

365,420

281,323
320,463
114,246
159,019
186,735
289,760

263,8.53

356,509
136,822
127,227
202,005
852,320

JB«lena—
0-B3
8

3-40

18

7

U

8.88
10

0-70

8-87

8-60

6-98

6

8

8

18

8-01

1-54

8-88

801

a

14

7

8-7»
10

0-78

S-tl

3

10

Ralnfall.ln

3.71

l-0«

DaTs raln„

5

4

iUlnfall.ln

Days
Jbrt

4-17

8

rain..

3-81

8-ea
10

3-97
12

8-38
1«

8-10
17

8-88

8-43
16

5-88
11

7-89

S-80

8-08

4-88
11

8

8

a

8-89

1-48

4-31

3-69

8

8

to

9

8-88 4-3S
18
15

4-18
8

1-17

1-77

4-88

8-81

8-83

S-«8

0-46

7

18

11

7

8

8-41
11

8-40

l-?8

8-78

1-18

1-38

4

8-85
11

e-oe

»

10

4

6

11

T-78
14

8-03

1-88

1-6;

9

8

7

6-9S
11

^ifii' h-

lUlnfalU
Days rain

7-48 10-13
11
12

18

11

TSNNBS'B.
KoMlmiUs.BjUnfall.lo

Days

ralQ..

MmsMt.-

RiJnfall.iD

Dari

rain..

AMkviooi—

AuHin—

Kalnfall.ln

Days

1-81

rain..

14

s-4e

1-67

a

4

8

733
13

9

1

8

THXAB.
Ralnfall.ln

Days

rain..

e

8

Palutint—
Balnfall.in
l>ays rain..

BalnfalMii

D»y»

l-Bl

8- IS

rain..

3

0-9S

8

8-38

4

7

a^s
9

1-81

7-97

8-93

s-s?

8-00
10

6-79
12

2-88
10

rsi

8

0-88
4

1-37

0-39

6-7a

6-88

4

8-88 11-11
14
18
6-8C

3-44

8-0*

18

10

1-«I7

a

8

9

14

7

4-<e
8

1-2&
4

4-a8

cai

0-ae

4-29

7

»

4

9

u

18

la

14

t Inapprwlable.

1,688,529

We

the month.
have consequently added to our other standing
a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The monthly movement!
since Sept. 1, 1890, and in previous years, have been as follows:

Tear Beginning Septemier

Uonlhly
1800.

1883.

1889.

1887.

1.

1886.

1885.

Sept'mb'rl 732,236
561,710 332,017 654,776
Ootober.. 1,365,231 1,325,358 1,133,0161 1,213,404

385,643
,034,450 1,065,524

Vovemb'r 1,145,416 1,257,520 1,159,063 1,178.436
Deeemb'r 1,195,083 1,116,92811, 103,713| 963,584
January
859,979 700,9091 718,091 527.570

,197.250 1,083,652
,164,886 1.069,920

5,297,925 4,962,425.4,446,900 4,537,770
Pero'tage of tot. port
80-90
84-45
SO-14
receipts Jan. 31.-

,400,479 4,138,031

Total

East India Crop.— The Revenue and Agricultural Department of the Government of India has issued the following

1,804,170

tables

Receipt*.
4-38

265,425

320,689

Total

Comparative Port Receipts and Daily Crop Movement'
— A comparison of the port movement by weeks is not accurate
as the weeks in different years do not end on the same day of

359,203

644,681

82-71

543,303

7«-e8

This statement shows that up to Jan. 31 the receipts
on the cotton crop for 1890:
at the ports this year were 335,500 bales more than in 1889-90
TIte Oollon Crop of the Punjab.— 7he area eatlmatrd to b« unde
oottoD iliiB year in tbis tliial forecast fir this Province is 871.100 acres and 852,025 bales more than at the same time in 1888-89.
as compared with 9«4,000 acres sbown In the Unal forecast last year
daily receipts since
and se8,€00 acres in the forecatt published in August last. The total By adding to the totals to Jan. 31 the
yield for the Province Is estimated as 710,348 bales of 400 lbs each, that time we shall be able to reach an exact comparison of
•gainst 747.761 bales last year. The area, therefore, shows a falling the movement for the different years.
off of 9-5 per cent and the total out-turn of 5 percent. TheaTerage
out-turn per acre was slightly better than last year, being 326 lbs as
1887-88. 1886-87. 1885-86.
1890-91. 1889-90. 1888-89.
against 310 lbs. The crop
this
year has, therefore, once
more turned out a poor one.
The cause may be summed
up in a few words. Except in a few special cases, there was Tot.Jn.31 5,267,925 4,962,425 4,415,900 4,537,770 4,400.479 4,138,031
Insufacient
rain
at
fowlug
time,
28,467
15,603
28,654
19,321
followed
by
S.
20,010
excessive Feb. l.„.
rain in July and August, again succeeded by a too early cessation cf
" 2....
14,001
14.182
16,569
24,003
30,860
8.
the rains, and a dry autumn. The area sown with cottoi. on Irr gated
"
16,253
3....
24,754
8.
11,183
10,524
25,409
lands was 7 per cent, oi 35,500 acres in excess of that of last year; but
the area sown on lands dependent on rain fell off b7 1 19,300 acre*, or
" 4....
21.695
18,630
34,497
21,620
21,324
28,349
27 per cent. On tbe other hand, the average yield on irrigated lands
" 5....
20.706
B.
22,073
20,116
17,695
21,685
was 408 lbs. against 430 lbs. last year per acre, while that ou unirri" 6....
16.206
16,930
18,660
8.
14,260
25.304
CBted lands rise f om 184 to 200 lbs. * • « The price of cot'on has
final reports

generallv been lower dufing the past year than In 1889, and is at
present lower than at the corresponding period of last year • • •
The ootton crop for this year In the Punjab as a whole cannot safely be
estimated higher than a 9 or 10 anna one, taking 16 annas as a full

"

7....

>i'

8....

"

9....

average crop.

"

The Cotton Crop of the Bombay Pretideney.—Tha report on the area
and out-tui n of the early crop of the Deccan districts, and on the condition and area of the late crop in the rest of the Presidency, Is as follows: It shows th« area sown at 1.262,000 acres, or 13-28 per cent
•bove ihe area of 1899 90. and 28-59 per cent above the average.
Khandelsh has Ul per cent of the area of cotton in the tract under rePO'J- In It as well as in the other two districts— Nasik and Ahmcdnsgar
--of the North Deecan the area is above that of the last year, and mIso
atwve the average. Speaklne generally, the ii crease, as lias already
Been rep..rte<l. is due to timely rain for sowing and the incentive to sow
ootton arising from the high prices and large demand prevailing last
year. la the South Ueocsn. where the cotton area is IrslgDlHcaut, the
decrease is general, except In Satara. where the area is oonsidcrablv
above that of the last year. This decrease Is attrlbatable to lusulliolenoy of lain for sowing.
The Cotton Crop in the Centrat Protinces.-U wMl be observed that
the out-turn eetiaates now given are in some cases lower than those
pijiviouslv reported. This is due to the damage catuedby the rain

10....

" H....

which
The

fell In

November

total out-turn of the season is estimated at 80.242 bales. The
PKI"!,'"''' f'tpcr's hy rail during each of the last five reais have been

:

l'*'<«: J886-7. 43,699; 1887-88, 18,-.!65; 1888-89.
i§%f' ?^;'^3*'
47,0d6;
188!l iiO, 56.561. In framing the estimates of ou^turn, allowance has been made for the decrease in produce which results from the
growth of cotton In a mixture ineteal of alone.

B.

29.382
22,883
12,812
19,153
29,704

" 12...
•'

13....

1

8.

We

The Followinq are the Gross Receipts of Cotton at
New York, Boston, Philadelphia and Baltimore for the past
week, and since September

NlW YOBK.
R««<V(<

K.Orlssnt.

returns of the Department of Agrlonlture for February
estlinatiMl product compared with last vear, the proportion
sent from plantations, and yield of lint to seed.
The plants were
proline In boiling, opening so raildly in the early autumn as to tax the
capacity o» pickers and leave the ootton exposed to weather, which was
usually moist.
consequently a general oompUint of discoloration and to
.„T''i"''' !"
some
extent Irjury of the tibre. Prom the same came
unusual
amount of trash was gathered with the cotton that was thusan
A conaolldatlon of the lounty estimate-s. as returned by expofed.
reporters,
makes 106 per cent of ihe product of last year. The Slates' averages
North C .rolina, which had a very small orop last year,
'
V^n
''i^?,'
149; o
South
Can. Una, 106; Georgia, lt'5; Florida, 95; AUbamii, 104;
Mississippi, 103: r.«iiisiana, 95; Texas, 109; Arkansas, lu2; Tcunoiaee,
J'"''';"''""*'™** ''"'«» "'»« "''•'o has been an organized
ii
.?"'.""..'
effort
to hold ba< k the delivery of the crop In the hope of better pHoeii.
otiiers rejioit its rapid nmrketlng to get the lienetlt
of the higher
" P<"'s"''e that these causes were both operative, the one
;?
"i
«any
in J,
the season, the other later, contraotinit the early movement,
ine proportions sent from plantations are thus
reported:
North

8.

15,062

8.

18,973
19,626
18,885
15,970
18,078
17,022

This statement ahows that the receipts since Sept. 1 up to
to-night are now 377,500 bales more than they were to the same
day of the month in 1890 and 866,473 bales more than they
add to the
were to the same day of the month in 1889.
table the percentages of total port receipts which had been
received to February 13 in each of the years named.

Texas
iavannsh

??'*<'°
„^*.
report the

8.

25,959
22,430
21,659

19.509
22,913
7,941
13,227
26,972
15,860

.

report for February
follows:

on the proportion of cotton marketed, as

8.

17,459
14,987
13,940
14,557

20,679
13,914
12.668
16.288
14,07b

Total
5,558,242 5,180,742 4,691,769 4,711,876 4,601,499 4,858,478
Percentage of total
81-57
84-10
86-67
80-79
88-17
port rec'pts Feb. 13

AOBICULTCRAL DEPARTMENT REPORT FOE FEBRUARY.—
The Agricultural Department issued on the 10th inst. the
1

17,733
35,822
21,007

28,374
17,121

21,801

1,

1890.

Philadilph'a

B08T0H.

TM<

Since

Tlkit

SilM*

laeth.

Sept.l.

tM<k.

Sept. 1.

9.448
4.818
6.848

Tktt
week.

Since

atft.i. V>t4k.

87B.310
248.009

6,181

889

66,406

6,961

t.097

84,ei«

......

809

riorlds

8,915
82,584
10,764
97,507
104

6,851

7.006

72.640

8.107

429

7.845

Tbli year 38.307

H13.187

do. Carora,

8,oei

So.Carol'a.
Virginia...
4orthn pti
Fenn., io..
forslgn....

1,707

Te*r

Since

aept.1.

U3.S0S

Mobile

r.«st

BALTIMOai.

TM<

.

8,855

8«.7t8

1. DOS

079

..

187

80.688
840,488
68.600

a,5S8

...

593
1,106

7,178
2.473
82,885

8,511

96378

1,199

44,988

148

so

789
16.566

399,901

1,988

18.861

9,807

178.098

19.813

816.447

5.008

68.934

13.749

146.669

—

SuippiNO News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
165,557 bales. So far aa the Southern porta are concerned, these
are the same exports reported by telegraph and published in

the Chronicle last Friday. With regard to New York we
Include the manifests of all vessels cleared up to Thursday.

XHE CHRONICLE.

288

Tolal bales.

Citv of Chicago, 2,273
T. utouic, 1,027 .. Umbrla, 1,237. ...Wisconsin, 8S5
To Hull, per steamer Colorado, 596
To Havre, per steamer lA Champagne, 1,830

Hbw Yobk—To Liverpool, per steamers

-•••

Explorer, 5,500

...

Jan. 23

V

g^*

ol''
'

'90

J.

'•^'

nli
600

5'oZi
5,300
6,654
^•I2i
4,672
»,8s6
3,950

Liverpool, j>er steamers Pavonia, 1,479.... Virgin-

2,959

200
451
445
1,938

pool.

York. 6,422
N. Orleans. 23,527
Oalveston 13,990
avannab
5,971
Bronswlck. 6,654
Oharleaton.
4.672
WHmlngt'n 5.200
Norfolk.... 14,126
West Point
N'p't News
3,864
Boston .... 2.959
Baltimore
1,933
Total.... 88,323

don. Havre,
596 l,s30
8,790

243
165,557

Tolal.

50

11,401
47.292
14,590
11.271
10,375
14.508

2,339

14,975
'ebo
5,300
3,721
S,8S6

3,960
4,770

9,9 70

eVug
4,980

"206

445

100 1,792 9,176
696 12,412 31,246 12,040 19,745

20,215
4,980
3,864
4,055
13,006

1,095 165,557

Below we add the clearances this week of vessels carrying
ootton from United States ports, bringing our data down to
the latest dates:
Oalvestok—To Liverpool- Feb. 9—Steamer Arroyo,
Steamer

CraKi-lde,

9,051.. ..Feb.

11— Steamer

Saturday Monday. Tuetday.

Spot.
)

1:45 P. M.)

Very

Euclid, 2,130

Feb.

12— Steamer

To Yarmouth-Feb. 10-Steamer Boston, 217.
Liverpool-Jan. 31-8teamer Alexander Elder. «'>'...
526
'^"^'i.H"'?!"
Ftb. 8-Steamer Barrowniote,
rniLADELrHLi- To Uverpool— Feb. 10—Steamer Lord Oongh,
.

Ootton freights the past week have been as follows:

AUw.

Wtdnu.

JW.

Ha

>s«

"a

11

la

e.

e.

iisa

Indirect. e.

H
40*

»»

40*

40*

40*

Beval. steam ....<t «»e4-"«« >»«4-"m'i»««-"m HtJ-iTg.

Do saU
d.
Baroelona,steam it.
Genoa, steam .. .d,
Trieste, steam. ..d.
Antwerp. stAftni d.
• Per 100 .us.

inquiry.

4I61,

4lBig

416,4

4i5ia

7,000

8.000

e.ooo

500

500

500

500

800

500

Market,

4

F.

M.

Weak

Firm at

?iilet at
.84 decline.

Steady at
fartlally
-ei dec.

1-B4 decline.

)

Qnlet but

BarelT

Very

taadj.

atMdv
BwaoT.

{

steady.

steady

Market,

at

Sasy at

Steady

1.84 ad-

at
fiartially

vance.

.84 adv.
<Jnlet

1.61 deeline.

but

Barely
steady.

steady.

The opening, highest, lowest and closing prices of futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Low Middling clause, unless otherwise stated
E7* ^^ prieet are given in pence and 6 UA. Thus ; 4 63 mea nt
4 63-64d., and 5 01 means 5 l-64d.
Sat., Feb. 7.

Op«n

.Voa., Feb. 9.

Hlsll I/OV). CTo».j|Op«>
d.

d.

d.

d.

11

d.

486 157 456 157 '16T
Feb.-Maroh. 4sa 167 156 167 157
161
Mch.-Aprll.. 161 161 161 161
AprlLMay. SUl 5 01 6 01 6 01 6 01
Usy.Jane.. 606 6 05 5 05 6 05 6 05
607
June-July... 6 07 507 6 07 507
Jnly.Ang... 600 509 509 509 600
August. ... 610 5 11 5 10 611 611
Aug..8ept.. 609 509 500 509 1509
8ept..0ot... 506 507 506 507' 507
Oct.-Nov.... 605 506 5 05 506 605
Nov.-Deo... 601 5 05 601 606 601
February....

1

;

Open HitH

BHih Low.
d.

Clot.

d.

d.

169 4 57 169
159 157 159
163 161 163
603 6 01 5 03

Taes., Feb. lO.
Open High Low.
d.

d.

d.

157 156
4 67 157 156
160 161 160
167

CIo».
d.

5 01
6 05
5 08

6 00
5 01

i6r
167
161
500
504

506

6 07

6 12

609 510
511 5 11

6 08
5 10

5 10

5 10

6 09

6 09

508 607 508
507 5 06 6 07
506 6 01 506

508
606

50»
607

6 05

6 05
5 01

5 08

6 07

6 07

6 06

609 607 609
6 11 609 611
51-2

5 10

5 11
5 09

1

1

6 01
6 05
6 07

506 5 07
5 01

6 08
5 06

'

•is

40*

e

40*'

'e4-"s4 '»M
"»4
•m "1

»i.
>4

»sa

<*s

•i«

»i«

H

Thurs., Feb.

d.

LOU.. dot. |OpCT>
d.

d.

d.

High Low.

1:J.

609

504

Fri., Feb. 13.

d.

d.

Clot.

Opm

d.

d.

H

1

Hlgh\Low.
d.

d.

468 159 158 159 161 161 160 161 169 159 4 59
Feb.-March. 158 159 158 159 1161 lai 160 161 159 159 159
Mch.-AprU.. 161 162 161 162 183 163 163 163 161 182 161
April-May.. 6 01 5 02 6 01 5 02 5 03 5 01 6 03 501
5 02 5 08 5 01
May.Jnne... 6 0S 506 6 05 506 607 5 07 6 07 5 07 ,505 5 03 503
June-July... 608 509 508 609
6 09 510 609 5 10
508 508 608
July.Aog... 610 511 610 611 511 512 511 512
510 510 510
August
611 5 12 511 512 513 511 513 511 5 11 612 811
Aug.-Sept.. 610 511 610 511 611 512 511 512 510 510 510
Bept.-Oct... 507 508 5 07 608
609 512 5 09 512 608 508 5 07
Oct.-Nov.... 606 5 07 506 6 07
608 5 10 508 510 5 07 5 07 5 06
Nov.-Deo... SOS 5 06 5 05 5 00 607 508 5 07 508
5 06 506 6 05

ClOI.
d.

169
169
161
5 0«

60«
60S
6 10

511
510
508
6 07
5 OS

BREADSTUFF S.
Fridat, February 13, 1891.

The market

wheat flour has been without feature of moment, except that on Tuesday there were large transactions
for

in the products of city mills for the West Indies, at slightly
lower prices. Generally, however, values show little change.

can be

however, that holders have been more inmeet the views of buyers. To-day holders wero
inclined to ask more money, bringing transactions within
very narrow limits.
The wheat market has been feverishly unsettled, and values
have at times shown no little irrenularity as between early
supplies and the next crop. The prospects for a full yield of

It

AtM.

Jfen.

late detlv'y.d.

.

Small

demand.

6,000

*

Do via Indlreote.
Amsf d'm, steam e.
Do indirect.. <<.

.Moderate

41B„

.

Do

[rrenalar. Irregular.

Friday,

future*.

.

Hamborg, steam.e.

,047.000

747,000
14 0.000
120,000
270,000
250,000

Wedne$. Thurtd'y.

Febroary...

Sleamer Sunshine, 3.917.
To Barcelona- Feb. 10-Steamer Glanhafren, 6,300
Feb 9BarkJo^efa. 1,030.
Ifoil^)LK— To Liverpool— Feb. 6-Steamer Altonower, 6,171,
West Poikt— To Liverpool-Feb. 7— Steamer SioUla, 7,426.. ..Ftb 11—
Steamer EudMuii>D, 5,315.
Newport News—To Liverpool -Feb. 7- Steamer Specialist.
Feb. 10- Steamer Norfolk,
BOSTOM—To Liverpool -Feb. 3—Steamer Venetian, 2.318
Feb 4—
Steamer Kansas, 1,671.... Feb. 10— Steamers Bostonian.
Ncrseman.

sail

1

6,000

d.

To Nor.ikoplng-Feb. 7 -Bark Herlof Herlofsen, 2,700.
To Barcelona Feh. 10 -Steamer Storra Lee, 4.451.
OHAiLEsroN— ToLli-erpool- Feb.9— St«amer8aliram,3,433. Feb 11—

Do

.'^,000

30,000
7,000
77,000

4IS18

3peo.&ezp.

Professor,

Mobile— To Liverpool- Feb. 7— Steamer VrdancorraoU. 3,309.
Batanhah- To Liverpool— Feb. 7— Steamer Cosmopohtan, 4,378.
To Havre— Feb 7 -Steamer Bernard. 4.709.

Bremen, steam.,

2 « 5, 000

275.000

33,000
5,000

4,000

ltIld.Dpl'ds.

Sales

Dall.

dull.

VFed., Feb. 11.

.

c

86,000
956,000
668.000
106,000
95,000

Feb. 13.

35.000
3,000
1.000
27,000
9,000
61,000
990,000
699,000
125.000
103,000
300,000
285,000

..

To Barcelona- Feb. 7— Steamer Crlsiobal Colon, 3,89?.
To Malaga— Feb. 7-8teamer Cristobal Colon, 2.0i'0.

Havre, iteam

4.000

Feb. 6.

The tone of the Liverpool market for spots and futures each
day of the week ending Feb. 13, and the daily closing prices
of spot cotton, have been as follows:

3,714.

To Havre- Feb. 10- Steamer Marseille, 7,106.
To Bremen— Feb. 7— Steamer Norse Kmg, 7,650.
To Hamburg- Feb. lO-Steamer Casi-ius, 4,237.
To Antw. rp-Feb. 10—Steamer Marseille,

Do

43,000
2,000
5,000
35,000

.

To Bremen-Feb. 6-Steamer Qalveston,

Uverpool, steam d.

Jan. 30

12—

N»W Orleams—To Liverpool- Feb. 9—Steamer Bernard Hall, 6,000
Feb.

Of which American

100
1,792
8,933

burg. Odetm. Italy. Japan.

1,164

4(rionnt afloat

1:45 P. K.

rhe particulars of these shipments, arranged in oar usual
form, are as follows:
Am' dam,
Y. Crug,
Build
Bremen Ant- Bpain TarLonA Bam- tuerp <t and mo-UK <t
Liter-

Hew

Total stock -Estimated

Market,

Maple Branch, 7,350. ..Norfolk, 227. 14,126
6,119
To Bremen, per steamer lihamo, 6,119
4,9H0
West Point— To Bremen, per steamer Hypatia, 4.930
Liverpool,
per
steamer
Recta,
3,864
3,861
News—
To
Newport
...Elmville, 5,149.

Ian, 1,480

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

Forwarded

5,V!00

4,770

To Hamburg, per steamer Stnhbenhuk, 200
To Antwerp, per steamer Stubbenhuk, 451
To Yarmouth, per steamer Boston, 445
Baltimoeb—To Liverpool, per steamer Carthaginian, 1,938
To London, per steamer Bede, 100
To Havre, per steamer Toledo, 1,792
To Bremen, per steamer Hermann. 2,217. ..Stuttgart, 6,716
To Hamburg, per steamer India, 243

46,000
3,000
6,000
35,000
9.000
95,000
910,000
616,000
106,000
79,000
255,000
24 5,000

bales

Of which American— Estlm'd
Total Import of the week
Of which American

Z'xJn
7,000

-

^.........~

week

Of which exporters took
Of which speculators took. .

t.
50

'^^-iftj.

To Bremen, persteamir Mlllfl. Id, .'',886
3.950..
per steamer- Plymothian,
ssa, pel
.
To Odessa,
Wilmington— To Liverpool, per steami r Wandsworth, 5,200
To Genoa, per steamer Coventry, 4,770
HOBTOLK— To Liverpool, per steamers Balcarres Brook. 1,400

lotia

Sales of the

Actual export

To Aujsterdam, p. r steamer lilanystwyih, 5.300
Bbdnswick— To Liverpool, per steamer Tiverton, 6,654
ToBremm. per steami r PrO[ilti(>ua, 3,721
OHARLtSTON— To Liverpool, per steamer Chittagong, 4,672

Boston— To

—

LiTBBPOOL. By cable from Liverpool we have the following
statement of the week's sales, stocks. Sec, at that port.

ggo

'=•

6,296

To Havre, per sti-amers Bedouin, 4,784. ...Oakdene, 4,006..
To Baicelona. persu-amer Plo rX.,7,975
To GenOB, per steamer Dora Fo.->ter, 7,000
QA.LVE8TON— To Liverpool, per steamers Benmore, 3,662...,
Rnddam. 5,i<55.,. Scottish Prince, 4.373
To Vira Cruz, pirstearaer Harlan, fino
AVAKNAH—To Liverpool, per steamer Malabar, 5.971

ui.

°'?q|

To Bremen, persiemer Ems. 55t
To Hamburir, persteamer Moravia, 610
To Antwerp, per steamer B^rlesland, 2,339
To Yoki liaiua, vier steamer Northern, 50. .„
R«w Oeleans—To Liverpool, per steameis Architect, 4,»00
....Cari.llna. 4,197. ...EmlUaoo, 2,734. ...Ernesto,

[Vi L.

said,

clined to

the next crop have been reported rather better, causing depression in speculative prices. An estimate of the supplies
in the hands of farmers on the Ist of February puts the total
at 80,000 bushels, aRainst 15rt,0(
bushels on the corresponding date last year, and cable accounts generally have been
stronger. These influences, with more active spot markets,
nave given an impetus to prices of wheat for immediate and
early delivery. Local millers have been liberal buyers of
choice grades of sprinu; wheat at $1 17@$1 181^ and No. 2
nd wmter to arrive at |1 13; and on Tuesday 8a,000 bushels
were taken for L'sbon. Today firmer cables and reports of
pretty lively Liverpool export buying here and at the West

Februabt

THE

14. 1891,]

CITRONICLE.

caused an advance, in which the dietant options ihared to a
slight extent.

OAILT

OUXmO FBIOM

OF MO. 3 RID WIirTBB WHBAT.
Hon.
110

Btlt

rt«««.

Wea.

r*i<r».

IVi.

Ill

110^

110^1

111%

1101«
100»8
1037e
I00>4
96VI
97'8

tiarcli delivery

0. 109''»
o. 109''g

10)\

no Ob

110>«

M»y

rti-llverv

o.

106%

lOtlig

10U<>8

100 »8

JiiiiB(lell\ery

0.
0.

104 Vt
lOO'g

103 Hi

104

101^

10014

loo's
9Uia
98>4

1(038

Felirunry delivery

July delivery
Au»(U8t delivery
Dcieiiilior iloUvery

c 9'%

l>(l>tl

90 «

lll>6

107 M

104%

100 \
96«»

97''g
9S>«
98
Indian corn shows depression, but the most conspicuous
declines are in the distant options. Supplies come forward
to Western markets quite freely, but, as is usually the case
at the beginning of the cotton-planting season, the denmnd
from the South is urgent and the quantity reaohing the seaboard continues small. Slight reductions in prices have \>een
sufficient, in conjunction with low rates of freight and full
rates for exchange, to promote a moderate revival of exports
to Oreat Britain, for which the sales yesterday included No.
2 white at 64@64J^c. in elevator. Today the market was
more active for export and prices of futures advanced, sympathizing to some extent with the rise in wheat. The export
business includnd No. 2 mixed at 63@fl33^c., No. 2 yellow at
^H®^^%<^-< both in elevator.
DAI1.T OLOUIIO PKIOn Or HO. 3 lOXBD oobh.
Uon. Tua.
Wed.
Ihuri
Bat.
623|
62 "s
eiH
63
63
6-m
February delivery
c.
6138
el's
el's
62
61%
0. 6218
March delivery
59!Sg
5918
59 k
59\
......c. 60 >4
May delivery
599b
5938
68'8
5914
59 >«
60
59 Is
0.
July delivery
Oats have been dull and weak. The decline is more decided in white than in mixed grades. Speculative confidence has been wanting and tiere was none of the export
inquiry which, at slight declines, came to the support of
wheat and corn. To-day there was a partial recovery in
values, but a slow trade and little spiculation.
DAI1.T aiostsQ PBiosa of ho. 2 muud o^n.
Wed. Thur$.
9at.
Hon.
TueM,
Fri.
52Tg
52ia
5219
52»8
524
February delivery
o. 52%
0.

9808

m,

51'«
51>»
0. 51%
Si's
Si's
May delivery
51>fl
Rye is very firm, but dull. Barley is nearly nominal.
The following are closing quotatioos for wheat flour in

barrels. (Corresponding grades in sacks
these figures):

sell slightly

below

FiiOna.

94 90«$5 25
92 903S3 35 Patent, winter
3 359 3 65 City shipping, extras. 5 103 5 20
3 65« 3 85 Rye flour, superfine.. 4 209 4 40
Fine
3 25» 3 50
3S09 4 25
4 109 4 60 Com meal4 509 5 00
Western, Ao
2 809 3 10
Blralgrhta
9 3 25
Brandywlne
Patent. Bjirlne
5 009 5 60
Baokwheat Hour, per 100 Iba., 2 50-3)2 60.

9

Fine

bbl.

Saperflne
Extra, No. 2
Extra, No. 1
Clears

,

anxm.

Wheat—

OoTD, per bush.—
West'n mixed new.
mix. N0.2. new
West'n yellow new.
Western white new.

c.

0.

Bpring, perbnah... 95 «1 20
2.. 1 llisVl 13

Bed -winter No.
Bed winter
White

Rye—

90

-9115

105

t»l 15

Wn

-9
82
Oat8-Mlzed..V ba.
78 -9 83
White
75 -9 81
No. 2 mixed
Canadian
84 -3 9!:
No. 2 white
State
78 » 36
Buckwheat, per bush
For tables nsnaiiy elven here see page '.266.

western, per bosh..
State and Jersey .
Barley. Western

77

61
63
61
61

9 C4is
» 64U
9 65
-9

65 1«

52
52

-9

54

9 61
» 54
^ 72

289

The value of the New York exports einoe Jaaoary
been 11,560,147 in 18&1. against f9l7,8l0 in 1890.

closed at 2^gC.
1891.
BUKk of Print Olothi—
Feb. 7.
Seld by ProvldBnoe manurerg...... 337,000
Fall River manufaoturers
362,000
Providence speculators
None.
Outside speculators (est)
None.

satisfactory prices, while gloves sold low.

Importations of Drr Qoods.
The Importations of dry goods at this port for the week
ending Feb. 12, 1891, and since Jan. 1, and the same facts
for the corresponding periods of last year are as follows

53
70

a

I

So

|s.4l|
*

%

80
52
7,738
e'ls

„

West Indies
Mexico
..........,,,...,.
Central America...

South America
Other countries.....
Total
Total
*

From New England

7
145
125
37
227

Week. Binee Jan. I

572
135

76

17,311
2,079
1,435

1,080

183
1,905

328
838
3,963

9

689
30
538
62
86
947
95

28

158

9,062

28,937
6,900

3,612

34.807

3,612

9.052
mill

1890.

polaMdireou

620
94
3,762
1,276
1,494

423
2,466

250
«3S
3,712

e:

U C. M 00

cjt i^'

CO 00
to

CO

cc

ODO)

oco»
OD -) tC CP

"-O

tOC^Xi^Oi

co'Vi

*»^
aoD

SS

:
I

o
COCOMCOOb

rfh

I

w y
A X "^
>6-

OX)©©©
oi to © 0)
©
©I-' XCf<©
ODCJQ'H'i-'

©©OtC0-v»
Oi-vlUi^OS

CJOD©©©

coaooooco

IF^I^OODO

—

ladla
Arabia
Africa

2
i:

—

Great Britain
Other European
China

None.
None.
None.
None.

52% 9 53 >t

of the country have apparently been doing a fairly satisfactory business, judging by the numerous re-orders for certaia
fabrics that came for svard by mail and wire during the week.
As for some time past, there was a good, steady movement in
spring goods domestic and foreign on account of back
orders. The jobbing trade was a trifle more active, but there
is still plenty of room for improvemeBt.
Prices of both foreign and domestic fabrics remain steady, and asligbt advance
was made on print cloths at the manufacturing centres.
DoMBsno CX)TTON QooDS, The exjwrts of cotton goods
from this port for the week ending Feb. 10 were 9,052
packages, valued at $476,410, their destination being to the
points specified in the table below

1.

Feb. 9.

(

Friday F. M., February 13, 1891.
Business in commission and imjiorting circles continued
moderate the past week. There was a considerable force of
out-of-town wholesale buyers in the market, but their operations were chiefly of a hand-to mouth character, and comparatively light ia the aggregate amount. Accounts from
some of the principal distributing points in the West and
Southwest were more favorable, and jobbers in those sections

Week. ainee Jan.

1889.

—

NEW TOBK,

j

1890.
Feb. 8.

303,000
24,000
None.
6.000

Total stock (pieces)......
699,000
NoiM.
333.^0
Domestic Woolen Goods. The demand for heavy woolen
goods for men's wear was barely up to expectations, clothiers
aving placed their initial orders with a good deal of conservatism; but a very fair amount of business wa) transacted
during the week by the representativfs of the principal
woolen mills. Heavy fancy cassimeres were in irregular demand, but very considerable orders were placf d for union,
cotton-warp and low and medium all-wool makes. Heavy
piece-dyed and fancy worsted suitings also were in irregular
request, but a pr«-tty good business was done in a few of the
most popular makes. Prices of the above-named fabrics remain firm and unchanged. For spring cassimeres and lightweight worsteds there was a steady, though moderate, duplication demand by the clothing trade. Overcoatings were in
moderate request, with most relative activity in kerseys, and
there was a light business in cloakings, stockinets, doeskin
jeans, satinets, flannels and blankets. Worsted and soft-wool
dress fabrics continued fairly active, and stocks are so wellia
hand that prices remain firm.
Foreign Dry Goods.— The demand for foreign fabrics was
a trifle more active, and a moderate busineso in some descriptions was done by importers and jobbers. Prices ruled steady
and stocks are not considered redundant in view of the demand in sight. The feature of the weak was a perpmptory
auction sale of 70,000 dozen hosiery and gloves, the importation f Klein, Harriman & Co.
There was a very large attendance of buyers at the sale, and hosiery brought fairly

THE DRY GOODS TRADE.

1891.

hay*

The demand for plain at,d colored cotloi-s at first hands was
steady but moderate, and a fair busit<eB» (in package and assorted IoIb) was done by leading jobber*. The main features
of the market are unchanged. Prices are mostly steady, but
it is a buyrrs' marktt for certain grades of brown sheetinga
specially adapted for convernion purpcEes, and low-gride
blcachfd sbirlingB are a trifle (Bsier in some quarters. Colored cottons were in fair re<|uest and steady in price. Prints
ruled quiet in first hands, but there was a fair movement in
"wafh'' drrss fabrics, white goods, quilts, fcrims, black
eatines, black dress cottons and fancy table damasks. Print
cloths were in light demand, but the tone of the market was
firm.
Extra 64»648 were nominally advanced to 8 l-lBc, but
very few traneactions occurred at that price, and 60x00s

'

—

1

coi^c;<uvi

CO to

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lobs
It*

u

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CO

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ioaL^©t3

a ©wVi©
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0010:0-^

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l-X©&0.©co — ©to

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O^COODCD

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Cl©^CQO»

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16,129
3,200

16.329

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I

THE CHHONICTK.

290

Union Trust Company
OF NEIV YORK.

80 Bioadway, New York,
n;???.;88S
J^SKAV

.-.-.

AutborUed

ti set as Kiecntor, AdminUtrator,

Ouardlaiii Receiver, or Trustee, and

Is

A lAgaL DKPOSITOKY KOK MONBY.
AeUas Trustee of mortKaBes of corpo<-atlonB,ana
of stocks.

accepts the transfer agency and reirtstry
mnde
Allows Interest on deposit*, which may benotice,
at any time, and withdrawn on live days'
with Interest tor the whole time they remain with

For'the conTerlenoe of depositors this company
also opens current accounts subject. In accordance
Interest
with lt« rules, to check at sight, and allows
npon the resalting d«lly balances. Such checks pass
throuBh the Clearing House. „.„.„„„„„t, OI>
Attends specially to the MANAGEMENI oj.
BBAL K8TATB and to the collection and remit-

tanceofrenU.
It makes smple proTlslon

„ t^t ma
FIRK PROOF VAULTS
NBW BUKGLAR AND
.f securities pluced in Its cusIn Its

.

for the safe keeping
tody, on which It collects and remits Income.

TBCbTBKS

Wm.

H.Van
Jamps
James

Whitewrlght,

Henry A. Kent,
B. T. Wilson,

Renrisl'r Kennedy,
11. Onllvle,
T. Woodward,

C. D.

I. U. FrothlnKham,
GeorKe A. Jarvls, j;

D. C. Hays,

A. A. Low.

Wm.

F. Russell,

Wood.
James N. Piatt,

©omvautBS.

OLD COLONY
TRUST COMPANY.
BOSTON, MASS.
Capital
Snrplas,

.

-

Tranaacia a General Basking Bualneae,
Allows interest

on daily balances subject to

check.

Agent In Financial Transactions.
Trustee under mortgages. Transfer Agent, Beg-

""'

John F. Anderson,
Martin Brimmer,
George F. Fabyan,

Frederick L. Ames,
L. Bremer.
T. Jellerson C"Olldge,
George P. Gardner,

Henry

S.

Francis L. lIlgKinson,

Howe,

William P. Mason,

Laurence Minot,

Henry

B. Heed.
Nathaniel Thayer,
Stephen M. Weld,

T.

JEFFERSON

Duer,
Charles H. Leland,
Edward King,
B. B. Wesley,
D. H. McAlpIn,
George B. Carhart,
CtaaunceT M. Depew,

G. ". Williams,".
R. O. Kemsen,

Walter Hannewell,
George Von L. Meyer,
Richard Olney,
Lucius M. Sargent,
John I. Waterbury,
Henry C. Weston.
COOLIDGE, JR.,

8*o. C, MaKonn,
O. C. Hays,

C. D.

Edward

President.
0. 8.

Secretary.

Schell..

BXKCUTIVB COMMITTEE:
G. G. Williams,
Wm. Whitewrlght,
E. B. Wesley,
Mward Schell,

Wood.
James T. Woodward.;

KDWABD KINO President.
JAMES H. OGILVIB, Second VIoe-Pres't.
B0NALD80N, Secretary.

AnGDSTUB W.

K

TUCKERMAN,

Amasa J.

Parker,
Ssm'iel F. Barger,
Geo. c. Magoun,
W. Kinien Roosevelt,"

BLLBY,

Manhattan

Assistant Secretary.

States Trust Co.
OF NEW YOKE,
45 and 47 Wall Street.
CAPITAL. ANO 8URP1.US, • 89,000,000

United

This company Is a legal depository for moneys
paid Into court, and Is authorlied to act as guardian
or trustee.

INTBRBST ALLOWED ON DEPOSITS,
Which mav be made at any time and withdrawn
after Ave days' notice, and will be entitled to Inter•t for the whole time they may remain with the
ompaoy.
Bxecutors, administrators, or trustees of estates,
tn the transaction or
business, as well as religious and benevolent instlntlons. will find this company a convenient deposory for money.
JOHN A. STEWART. President.
OBORGB BL1S8. Vice-President.

Trust

Corner of Wall and Nassau

CAPITAL,

Co.

Sts,,

S1,000,000
DiaHOTOKS:
N. T.
H. W. Canaon, N. T.

F. O. Franch,
B. J. Cross, N. T.
H. L. HIgglnson, Boston.

John B. Ford.N . T I
T. J. Coolldge. Jr., Boi.

James O. Sheldon, N.Y,
A. S. Rosenbaum. N. T,

August Belmont, N.T.
H. D. Randolph, N. T.
C. C. Baldwin, N. Y.
Chas. F. Tag. N. Y.

Sam'l R. Shipley. Phlla.
R. T. Wilson. N. T.

Marshall Field. Chicago.
Ex. Norton, N. Y.

Waterbury. N. T.
H. O. Northoote, N. Y.

J. I.

F. O. French, President. J. I. Waterbury, V.-Pres.
C. W. Hasklns, Secretary. A. T. French, Treasurer.

ALLOWS INTEREST ON DEPOSITS. BZB.
CUTB8 TBUSTS OF BVEBY DESCRIPTION.
BEGISTBAB AND TRANSFER AGENT

WUion O. Hunt,

Jno.H. Rhoadei,! Wm.Rockefeller,
Slaton Gilbert, Anson P.Stokes. Alex. B. Orr,
aniel D. Lord, Geo. H. Warren. Wm.n.Macy.Jr.,
Bamnel Sloan, George Bliss,
jWm. D. Sloane,
I

James
~ames Low,
Wm. Llbbey. lO. U.Schwab,
Wm.
rm. W. Phelps, John C. Brown. [Frank Lyman,
D, Willis James. Kdward Cooper.jGeo. F. VIetor,
John A. Stewart, W.B'y'dCutting.lWm. W. Astor.
IraetusCornlng. Chas. 8. Smith.
L. THORNKLL. SecreUry.
LOUIS G.
MPTuN Assistant Secretary.

HENRY

I

HA

Holland Trust Company.
HO. r WAI,!. STREET,
Capital and Harpln*

MEW YORK.
91,000,000

ALLOWS INTEREST ON DEPOSITS.

Accepts and executes any legal trusts from per.
•one or corporations, on as favorable terms as other
Imllar companies.
Aeu as Kxeeutor, trustee aad Onardlan, nnter
wlUs for the axed statutory charges also as Registrar, Trustee, Transfer and Financial Agent for
Xsutes, Cities, Railroads, Towns, and other corporaUons, and for Real Estate Mortgaget with
Coapon Bonds In New Tork, Brooklyn and elsawbere, Collecta Renu, Coupons and Dividends.
;

TRVISTEES.
Garret A. Van Allen.
Warner Van Norden.

James

B.

Van

W oert,

?*,o""'»ni,
I'lanten.

?-7»a
John
R.

f^'-Z-o^S"'""'''''
Josepk
Stout.
8.

S?.?,-.*'-

Y."° "o««en-

John Tan Voorhis.

W. W. Van Voorhis,
Geo. W. Van SIclen
c. W. Hutchinson.

Tunis O. Bergen.
Robert B. Roosevelt,
""'""^
Rhas. p. I>aly.

Joiham Ooodnow,
Augustus Van Wyck,

iHl^i^f?
m John
D. 8*2r"'l
Verm eule,_
Daniel A. Heald.
W. J. Arkell
BOBKRT B. nOOSKVELT, President.
JOII.-* D. VKnMKUI.K.lt^,„^.°'-

.
{Vice-Presidents.
JOH.S H. PLA.STKN
GEO. W. VAN SICLEN. Secretary.

Metropolitan Trust Co.

bM n"^.?".^.*"
£m'l» ^"'"•'

The Brooklyn Trust Co.,

«*'•««.
••

New
-

York,

tl.OOO.OOO

'<^V^ti>n by"" d'ef,"
«SlRl*i!l jt* »'*«'H'
Receive deposlu of money on
SSKSS'.V?"'^
Utoreet,
an aa flscal or iransier agent
or irnstM
"'"' "^^'' ""» eTecute any"g^
fSLS^'^S.""*""'
tniau
Arom persons or curporaUons,
favoraMa tenaa as o her similar companies. on as '"°"r
Tbomss nil house. Pres. Kred'k D. Tappen, V.-P
v.- Pres.
^~ **•
Beverly ChewrsSb'Lr:
iS^£jf.
uaocsa li, Coany. Aaalatant Seonttarr.

Pays Interest on Deposits.
Legal Depository for Court Moneys, Trust Funds
and other Deposits, which may be made subject to
check or returnable at a fixed date.
Acts as Bxecutor and Trusten under will, as Ad*
ministrator, GuardUn, Trustee, etc.
Does all busineas nanally done i>T TrnsI
standlnar.

Acts as ReKlstrar or Transfer asent ol
Stocks and Bonds, and as Trustee for Rail,
road and other Corporation mortiraffes.
Investments of Trust Funds and Title thereto
are kept separate and apari from the Assets of tho

Company.

DIRECTORS
A. C. Bartlett. of HIbbard, Spencer, Bartlett&Co
Harley Bradley, of David Bradley Mfg. Co.
H. N. HIglnbotham, of Marshall Field A Co.
Marvin Hnghitt, Pres. Chic. & Northwestern BB.
Chas. L. Hutchinson, Pres. Com Exchange Bank.
A. O. Slaughter.
Martin A. Rserson, Of Martin Ryerson & Co.
Albert A. Sprague, of Sprague, Warner & Co.
Byron L. Smith.
Byron L. Smith, Pres. Chas. L. Hutchinson, T.-P*
Joseph T. Bowen. Cashier.
J.

Trust & Savings
Bank,

Illinois

CHICAOO,

ILL..

CAPITAL AND 8D KPL P8, - S2.100.00O
INTEREST ALLOWED ON DEP08ITB.
This Bank Is directly under the jurisdiction and
sunervision of the State of Illinois, is a LHGAL
DEPOSITORY for Court Moneys, and is authorised

TRUSTEE, EXECUTOR. KKCBIVBR and
ASSIGNEE for ESTATES, INDIVIDUALS and
CORPORATIONS.
to act as

OFFICERS:

John

J. Mitchell. President.

John

James

S.

B. Drake. Vice-President.

Wm. H.Mitchell. Second Vice-President.
Wm. U. Reld. Third Vice-President.
Oibbs.Cashler, B. M. Chattell.Asa't Cash'r.
DIRECTORS

John McCatrery,

John

L. Z. Leiter,
Wm. H. Mitchell,
Wm. G. HIbbard.

John J. Mitchell,
J.o mcMuIHd.

Wm.

B. Drake,
H. Reld.

D. B. Shipman.

17r and 179 MontBgne St„ Brooklm, N. ~~
Y,

CAPITAL
;

TRVSTBBS;

CHICAGO, ILLINOIS.

,

.

La Salle and Waehlngton Sta..

N. Y.

ind WOHKN unaccustomed

JAllBS S.CLARK, Seoon4Ylce-Pre»t,

S, E, Cor,

Companies of good

BOARD OF DIRECTORS.
T. Jefferson Coolidge, Jr., President.

John

The Northern Trust Co.,

$1,000,000 00 Under State Jcbisdkttion and Sitpertisiok
600,00000 Capital Fnllr Paid In - $1,000,000

....
-

C. VanOerbllt,

Wm. Alex.

A, O.

"gwist

©omyautes.

'^KViSt

[Vol. LIl.

invested in U.S. 4
pe, cents at par.

|

gi,ooo,000

The Nassau Trust Co.

Capital and Surplna exceeding S A'.i30,000
This Company allows Interest on Deposits, which
may be made subject to check at sight or returnable
at flxrd dates.
It is authorized by special charter to act as Exec tor. Trustee, dmlnlstrator. Guardian, Receiver
or In any other positlDU of trust.
As executor of estates it secures a s if e, prompt
and advantageous distribution of the sa Te.
It Is a deslgaated depository for Court monies
and acts as Registrar ur Transfer Agent of stock
and bonds, and as trustee for railroad or other corporation mortgages.
Executes orders in all classes of Investment securities. Guarantees Letters of Credit issued to
travelers.
Chrlstensen, Pres.
Jas Ross Cnrran, Sec.
'i-JAbram
B. Baylls, V.-Pres. Fred'kC.Colton.Ass'tSec

TRVSTMSS.

Joslah O. Low,
Alex. M. White,
A. A. Low,
MIch'IChauncey,
Wm.B. Kendall.

Fred. Cromwell, J.J. Plerrepont,
John P. Rolfe,
C. M. Pratt.
H'v K. Sheldon, Geo.O.Reynolds,
O. D. Wood.
S. W. Boocock,
Wm. H. Male,
John Gtbb.
E. F. Knowlton. Abram B. BaylU. G. W. Chaunoey,
John T. Martin, H. W. Maxwell, CT.Chrlstensen.

THE

WASHINGTON
TRUST COMPANY
of the citt of

Stewabt Building,

CAPITAL
SURPLUS
DATID

.

-

"T

new
380

.

t300,000

CHARLES P. CLARK

FBANCTB H. PAOH,

Seeretarv.

TRVSTBBS:

Joseph F. KnapD.
David M.MorrSSn,
Henry U. Rogers,
CbarlesH. Russell,
George H. Prentiss.
Joel P. Freeman,
L. T. Powell,
George L. Peaaa,

Wm. H. HallT^

John F. Anderson, Jr.,

ourities.
Accounts of ReltslonB and Benevolent Instltn*
tlons. Societies and indlTlduals solicited.
Checks on this Company are paid throncb tht

New Tork ClearinK

P. C. Loansbnrr,
Charles F. Clark,
George E. Hamlin,

Theo. A. Havemeyer,

WUEBLOCK, President.
WILLIAM DICK.
Pras'tvice-irrest
JOHN TRU8L0W, ( vicft
}

O. F.

IS.

C.

Homans.

INTEREST ALLOWED ON DEPOSITS,
Tkia Conpanr le a lecal depoeltorr lar
Coart and Trust Famis and Is nnthorlzed
to do anr and all ether
bnalnesa aanailT
dene by Truet Cempauiea af reepoaalblllty
aad atandlaa.

RICHARDSON, Seoretaryl

TRU^XEKNi

Wm.

Joel F. Freeman
Dlek,
Otto Huber,
Wm. F.QarrlBon
A. D. Baird,
F. W. Wurster,
Darwin R.Jame6, Bernard Peters, A. D. Wheelook.
H. H. Roeers.
Wm. B. HorwUi. Geo. H. Prentis .
BJ. B.Tuttle,
Jno. T. WlllettSv
C. D. Wood,
John Truslow, Wm. H. Male,
Chas. H. Russell.
Thos.F.Rowland.Jao.McLouRbIin,John Loa(rhran»
Dttmas Jewell. Joseph F. Knapp.Bdwd. T. Halst.

Knickerbocker Trust

Company,
'.<34

FIFTH

Branch

AVE,,

office, 18

COR 2TTH STREET.

Wall

St.

and 8 Nassau St.
- 81, 000,000-

CAPITAL AND SURPLUS,

DESIGNATED LEGAL DBPOSITOKY.
Acts as Executor or Administrator of Estates,
and as Kuardian. Hecelver, Renlstrar, Transfer and
Financial Agent for States, Cities, Towns, Railroads
and other corporations.

JOHN P. TOWNSEND. President.
CHARLES T. BARNEY, Vice-President.
JOSEPH T. BROWN. 2d Vlce-Preslden*

DIRECTORS:

Beth H. Thomas,

LuolQS K. WUmerdlnff,
George A. Morrison,
Joseph C. Baldwin,
Waldo Hutchlna,

House.

Telephone, »90 Wllllamabnrff.

A. D.

Broadway.

.

$500,000

Interest allowed on daily balances, and speola)
rates on deposits for a specified time.
Authorised by law to act as Executor. Administrator, Guardian. Trustee, Keceiver. Fiscal and
Transfer Acent, and as Re^ilstrar of Stocks and
Bonds; la a leKal depository for Trust Funds and
for moneys paid into court.
Loans made on assitrnment of Bonds and Mortgages, or other approved coltaterils.
Will take the custody of Real and Personal 8«-

tork.

»ajt0.000

M. M0RBI80H,

101 BroadwaTt BrooklFn* N. Y.

CAPITAL

JOSSPB

HAKRr

S.

B.

AtJBRBACa,
HOU.IN8,

Hon. IKA DAVENPORT,
John 8. Tilnkt,

Jacob Havs.
H-m. Edwahd V. LOIW
Chakles t. Barnet,
Henry F. Dimock.
a. hostkk hiogins.
john p. townsknd,
Robert G. Kkmsen,
Charles F. Watbos,
Henry w. T. Mali,
David h. Kino, Jr.,
Ani>kew n. Sands,
kkei>eiiick g. Bourns.
James ii. Bbeslin,
Robert maci-ay,
Charles h. Welling. Wai.tkb Stanton,
Gen. George J. Maqee, C. Lawbence PiBKiNg.
J 1. TOWN3END BUROKN,
FRKO'K. L. ELDRIDGE, Secretary.

HENRY TOWMSUKD

Assist. kS«or«tars