Full text of Commercial and Financial Chronicle : February 24, 1883, Vol. 36, No. 922 [Copy 1]

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HUNT’S

MERCHANTS’

^

MAGAZINE,

§UW$pft])e*,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES
[Entered, according to act of Congress, in the year 1883, by Wm. B. Dana & Co., In tbe office of the Librarian

VOL. 36.
.

of

Congress, Washi ngton, D. C.J

SATURDAY, FEBRUARY 24, 1883.

-'

'•

•

~'

CONTENTS.

EXPORTS

OF

BREAD8TUFF3

FOR

»

JANUARY

AND

-

NO. 922.
FOR

SEVEN

FIRST

MONTHS OF THREE FISCAL YEARS.

THE
Our Wheat

CHRONICLE.

Surplus and Fu-

Exports
Tbe Financial Situation
The Erie’s Trust Loan
The Coming Coronation
the Peace of Europe.. *

I Monetary and
English News

205

ture

206 J
208 1

and

News

Ex¬
change, U.8. Securities, State
Bonds

Wheat

213

Range in Prices at the N. Y.
Stook Exchange
THE

GAZETTE.

Quotations of Stooksand Bonds 215
New York Local Securities
216
Railroad Earnings and Bank
Returns
217

and

Investments, and State, City

214

and Corporation Finances..

218

bush.

0,989.077

Wheat flour.bbls

935,480

Total

222 | Breadstufts
| Dry Goods

228

222

229

Values—

I Entered at the Post Office, New York, N. Y.,

as

Oats

Barley

TERMS OF SUBSCRIPTiON-PAYABLE

Annual

$19 20.

do

6 10.

subscription in London (including postage)

Sixmos.

do

do

do

Subscriptions will be continued

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1 8s.

until ordered

stopped by a written
vrder, or at the publication office. The Publishers cannot be responsible
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by Drafts or Post-Office Money Orders.

^Liverpool Office.
The office of the Chronicle m
Liverpool is at No. 5 Brown's Build¬
ing, vrhere subscriptions and advertisements will be taken at the
regular rates, and single copies of the paper supplied at la. each.
A neat file cover is furnished
at 50 cents: postage on the same is 18
eente. Volumes bound for subscribers at $1 00.
WILLIAM B. DANA.
\
WILLIAM B. DANA & GO., Publishers,
JOHN Q. FLOYD,
j
79 & 81 William Street, NEW YORK.
Post Office Box 958.

OUR
So much

WHEAT

SURPLUS AND
EXPORTS.

importance attaches

foreign trade movement that

we

at the

FUTURE

present time to

our

give special prominence to

tbe statement of bread stuffs
exports for J anuary, which has
been issued this week
by the Bureau of Statistics. It will
be found
very interesting in itself in the condensed form
in which we have stated it
below, as we add similar returns
for previous
years.
Bat at this time we propose to use it,
with the
help of ether

inferences as to
country and the
shipments.

data, chiefly for drawing certain

the wheat
amount

surplus now remaining in the
probably left for future foreign

It seems that
up to the 1st of

February we had shipped
only about 107^ million bushels of wheat
(including flour
reduced to
wheat), against over 120^ million bushels to Feb.
1> 1881 ; but that corn has now
begun to pass out freely,
the
January movement of that cereal reaching nearly 4 J
million
bushels, valued at nearly 3 million of dollars,
almost double the
December movement and a half larger
•than the
shipments in January of the abundant year of
i881,
The details




are as

follows.

*

«

19,379
8,385
5,885

7 Months.

January.

00,731,515 8,220,890 99,429,175
3,326.975
749,441
4,752,033

8,944,800 81,702,902 11,592,874 120,810,023
$

019,585
100,694
189,022

81,700
11,078
12,289

t

%

100,330,781.12,902,15j.
23,027,605; 1.832,836
440,480
120,988
189,561
8,447
121,012
4,984

»

130,394,306
30,161,709
1,325,515
111,053
510,397

15.874,280 133,090,842 11,977,524 124,121,439 14,929,406 168,509,580

As to further

shipments of wheat, it looks

world would need

IN ADVANCE*

(including postage)

For Six Months

published in

second-class mail matter. J

0,772,511
482,731

Wheat & flour.. 12,925,825 125,388,145 10,588,330
Corn and meal.. 2,914,812
7,399.390 1,284,017

%\u (&hxouitlc.

For One Year

7 Months.

wheat &

Tot.value bread.
stuffs

The Commercial and Financial Chronicle is
New York every Saturday morning.

82,018,153
5,409,470

flour In bush.. 11,198,764 107,230,708

Rye

COMMERCIAL TIMES.

Commercial Epitome
Cotton...

January.

1880-81.

Quantities—

|

Money Market, Foreign

1881-82.

January. 7 Months.

211

......

i

210

1882-83.

210

Commercial and Miscellaneous

THE BANKERS’

and Railroad
Stocks

Commercial

our

contribution however

now as

if the

large it

may

be, unless prices are run up to a figure which restricts con¬
sumption and forcas out the last bushel from all other
sources of
supply. As it is not wise, and, furthermore,
cannot be profitable, to carry on a,speculation that pro¬
duces either result, and moreover, as the foreign
exchange
market depends so largely upon future shipments of this
staple, tbe question as to the surplus remaining is of

special interest to every one. Of course, however, only
approximate answer can in any case be reached, the
actual crop—the first element in the problem—being only
matter of estimate. The Agricultural Department, we have
no doubt, doe3 the best it can
; but it is a very large sub¬
ject and does not admit of exact results. In fact, it3 esti¬
mate at the close of the year is almost
always changed at
a later date, before the annual volume is
published, and
even subsequent to that
issue, at times. This is no dispar¬
agement of the Department, but is only additional proof
of its desire to be accurate.
In a country where produc¬
tion covers such an extensive field, it is impossible to
draw exact conclusions, and opportunity must always be
afforded for revising and varying such estimates as the
marketing progresses;
So far as the figures of shipments to foreign ports dur¬
ing former years are concerned, an analysis of them
offers no absolute guide as to the comparative rapidity of
the movement in any subsequent year.
They permit and
perhaps authorize a conclusion when all other conditions
are similar; but in
general it may be said that ea*ly
exports and a large production do not bear a correspond¬
ing relation to one another.
Still, the movement of for¬
mer crops
must always be the basis for judging of the
current one, conclusions to be modified where differences
in the conditions can be suggested.
For the purpose,
therefore, of seeing how the marketing has progressed in
former seasons, we give the following statement showing
an

fHE CHRONICLE.

206
-*■

■

{Vou XXX\i
—*y

■■

foreign exports of wheat for the first seven months floods, having all the time been lower than thejrwere
and last five months of each fiscal year for several sea¬ even in 1880-81. The ruling price here in December wa
sons, with percentages of the movement after February only about $1 10 for No. 2 Red Winter and about $1 12
in January, until the latter part of the month when
1st.v It may be a little surprising to see with how much
it
reached $1 17, an average of fully 5 Cents per bushel less
regularity the percentages run.

the

FLOUR EXPORTS FIRST

AND

WHEAT

SEVEN MONTHS AND LAST FIVE

MONTHS.

Tears.

Exports First

Exports Last

Seven Months.

Five Months.

1874-75

1875-70
1870-77

1877-78
1878-78
1879-80
1880-81
1881-82

Bushels.

■Bushels.

49,450,935
44,242,007
42,342,590
02,470,124
101,380,591
119,937,915
121,020,810
83,590,417

23,455,882
30,508,615
14,701,346
30,669,172
40,307,058
00,366,261

Total Exports.

3293
3135

date

Bushels.

04,710,804
38,301,972

of 1880-81 until the latter part of

season

January and then still keeping below that season until the
scare the floods produced.
Such facts as these are worth
considering in estimating the year’s yield. Furthermore
they bear out all the opinions and anticipations expressed
with regard to the crop during the summer and
early
fall.
Even the Agricultural Bureau down to as late a

Percentage of
Exports after
February 1.
3217

72,912,817
74,750,682
57,043,936
93,139,290
147,087,649
180,304,176
186,331,614
121,892,389

the

than in

4081
2577

33 42

as

October 15 estimated the

bushels and many
than that.

34-70

31-42

good judges

crop at 520,000 000

it higher

even now put

But without attempting to determine that point defin¬
1880-81 as to production bears
the nearest resemblance to this season.
If we were author¬ itely, it seems to us that the facts already cited warrant the
belief that the crop is considerably larger than that of
ized to take the movement subsequent to February 1 of
1880-81. One other question remains however,—for grant¬
that year and apply it to the present season, our total
ing this, a marvelous difference of opinion still exists as to
—

Of the above the year

twelve months ending the first of next
July would be about 165 millions or say about 58 millions
for the five months beginning with the first of February.
exports for the

But

are

We know no better way to obtain a
solution of that doubt than through an examination of the
home wants.

our

to the disposition of the crops during former
Price must years, and as we have now one crop reported by the
census, and as the other estimates have been modified
following a and fixed
on the basis of the census returns, there does

there not circumstances which should make the

marketing slower this year than in 1880-1?
always influence the movement, and low values
season of very high values are especially disappointing.

what has been the ruling difference in this
particular by a little statement of the average quotation at
London near the close of each of the late months for
We may see

four seasons.
GAZETTE AVERAGE

PRICE PER QUARTER AT LONDON NEAR

CLOSE OF

EACH MONTH.

Near close oj

1881.

Id.
3d.
405. 11d.
415. 3d.

515. Id.
47s. Id.
45s. 4d.
445. 4d.

425.
405.

September..
October
November
December...
..

435.
405.
455.
445.

3d.
1d.
7d.
5d.

485.

2d.

475.

Id.
4d.
7d.

505.
46s.

January
February

...

1882.
465. 3d.
455. 7d.

415. 11 d.
455.
3d.

foregoing indicates a considerably smaller return
to the producer than for any year during the four.
Such
a fact certainly suggests that our export
movement not
unlikely bears a less proportion to the movement for the
whole year than it did in 1880-81.
That is to say, other
tilings being equal, we are authorized to draw that con¬
clusion;—a conclusion which finds additional support in the
fact that our last crop was so very short and prices were
so very high that farmers would be more than usually in¬
fluenced by price in holding or marketing their produce.
But passing this feature of the inquiry, and looking
directly at the marketing now in progress at the West, we
find further encouragement to the idea that farmers now
hold a larger surplus than usual.
For, according to the
latest returns, it seems that, notwithstanding the snows
and storms, wheat has of late weeks been coming into the
Western river and lake ports as it seldom has come in
before. Since the 25th of December the total receipts at
the eight cities which are included in the usual statistical
The

.

tables have been

as

New York

1878-79.

1882-83.

1881-82.

1880-81.

bbls.

1,487,008

1,272,433

1.221,930

757,802

888,002

Wheat..bush.

8,190,101

0,107,165

5,200,073

Flour... .bush.

0,691,536

5,725,948

5,498,685

0,373,038
3,410.379

3,990,279

14,837,727

11,833,113

10,705,358

9,784,017

13,090,407

Flour

..

Total

to

include the whole country.

DISPOSITION OF THE PRODUCTION

The

Visible

Supply
Fisc'l
Begin¬

'78-79
'79-80

ning

Crop
Accord¬

Bureau.

bush.

bush.

Popu¬

Visible
Total

Total

Leaving

lation

Exp't'd Supply
in
During End of Accented for OonUnited
sumpVn.
for.
Tcar.t
Tear.

Tear's
ing to
AgriculVl Supply.

Tear.

OF WHEAT.

bush.

bush.

bush.

bush.

tush.

£5

}!

States.

P

bush.

tw.

420,122 425,440

147,687 13,609 161,290 264,144 47,0*0 5-6

13,609 459,479 473,088

5-8
180,304 12,725 193.029 280,059 48,500

5,318

50,000 59
12,725 498,549 511,274 186.321 29,022 215,343 295,931
52,000 54
'81-82 29,022 380,280 409,302 121,892 13,500 135,458 273,844
54,000 0-0
'82-83 13,506 *525,000 538,500 189,508 25,000 214,500 324,000

'80-81

#

This is our own estimate.

+ Including flour reduced to

bushels.

useful and interesting
exhibit. It shows in the final column a steady increase in
the consumption p9r head as it should, the area of produc¬
tion constantly widening and the amount wanted for seed
constantly enlarging. Besides as the country grows in
wealth, it is natural that a freer use should b8 made of
this necessary of life.
The figures in the last line of the
This statement is

certainly

a very

of course
own estimates.
We give the visible supply at the end
of the year at 25 millions, not supposing the full amount
of that total will be in sight, but part of it will go to make
good the deficiency which the high prices of last year left
in farmers’ stocks.
If, therefore, our deductions are cor
rect, the remaining five months of the current fiscal year

above table—the

one

covering 1882-83—are

our

instead 0
percentage

export of 82 million bushels,
given above on the basis of the
exported during same months of 1881.
the

the 58 millions

PORTS.

1879-80.

so as

will allow of

follows for the last five years.

RECEIPTS AT WESTERN LAKE AND RIVER

-

therefore

1880.

1881.
425. 4d.
425. 6d.

to be much room left for dispute.

We have
prepared the following statement which brings
out this fact very clearly.
The visible supply we hare
made up from the returns of about July l3t, adding the
Produce Exchange figures of San Francisco to those of

not appear

Tear.

1883.
405. 0d.
405. 4d.

as

figures in full faced type are millions, the last three fig¬
ures being omitted in all columns except the last.

1879.

1880.

1882.

figures

that

was

t

THE

9,094,128

FINANCIAL

SITUATION.

changes in the conditions affecting
affairs, so far as any have occurred during the
The

commercia
week,

both M
been reached under
smaller inducement than in former influences wholly domestic in their nature, and a so
those which relate to our trade with the outside wor
years, prices this season until after the snow blockade and



These

are

certainly very surprising results, for they have
a

all been of

a

favorable character.

This is true

*»,«!«

THE CHRONICLE.

14, i8t3.j

result, general business is recovering tone and its turing railroad bonds, it would have been realized. The de¬
cline this week in

exchange is the evidence of the favorable
position of our foreign trade, for it shows that notwith¬
standing a partial, temporary check in the movement of
produce, how small a supply of security bills is required to
change the whole aspect of the market. Of course it is
late in the season now to anticipate a movement of gold
this way, and yet, with a renewal of the shipments of
at least serve to prevent an extra session, while decreasing wheat, and with the large surplus that we still have to go
the revenue enough to make bond calls less frequent, and forward not only of that cereal but of all our other pro¬
thus quieting the fears felt of a disturbance to our bank ductions, a close money market here might at any time
note currency. It is, however, by no means certain that any find relief in that way.

increasing. Such quick response as the country
gjgkei to every favorable impulse, only indicates how
gotind on the whole the commercial situation really is.
Quite a sensible feeling of relief manifested itself at
the unexpected passage by the Senate of the tariff and
revenue bill.
This is not a measure up to the people’s
desires, but if it could get through the House, it would
yotom®

;

farther progress

will be made with the bill; in fact as we write,

indicate non-action by the House. But still, as
the period for new work by this Congress isjso brief now,

the reports
views of

policy change

very

quickly, and under the clear

demand of the country for some revenue legislation, it
would be no surprise to hear of the sudden taking up and

passing of the Senate bill without amendment.

We

prevails here, in spite of the rather
discouraging aspect of party caucuses up to this time.
think some such belief

Another circumstance which has afforded relief is the

So far

stocks

concerned, the general influences
noted above have made little impression.
There is, as the
week closes, a somewhat less unsettled feeling, and perhaps the tendency upward yesterday, if no untoward
event happens, may develop a more permanent character
than such movements have shown of late.
Still, the
ghosts of Wall Street are not all down yet. Further¬
more, uncertainties still surround some of the leading
stocks, which help to depress othef values. We referred
to

a

as

are

The Governor has reached

few of these last week.

rapid subsidence of the Western floods, the resumption of no decision with regard to the law cutting down the fare
traffic throughout the agricultural districts, and the very of the Elevated railroads to five cents. The Legislature
large movement of produce which has again begun. This seems to be following up that senseless measure with other
latter circumstance shows how strikingly differently the sit¬ similar proposals. This week the plan to lower the fares
uation is from a year ago. Then the roads were hauling in on the Long Island road has received further attention,
the mere remnants of crops everywhere short; now they and tha“t has been succeeded by a like attempt with regard
to the Harlem, and with another proposition applying to the
are drawShg upon surplus property, still everywhere appa¬
rent and abundant.
This encourages the belief that the Black River road. We suppose none of these latter efforts
railroads in the agricultural districts will continue to make will make much progress, but they show the disposition
favorable exhibits through the summer, and especially if of a considerable class in the Legislature to follow popu¬
the fears lately expressed of harm to the winter wheat lar clamor even at the risk of bringing a railroad on to a
Bbould prove unfounded, as anticipated.
With a good non-paying basis, as threatens to be the result of their
early spring prospect as to this year’s crops, these surpluses action with reference to the Elevated system. Perhaps
would be quickly marketed, and active business not only these sage law-makers may some day remember the case of
for the railroads but also for the merchant be the result.

Still another

the horse that

was so

cruel

as

to die when his

owner

had

encouraging feature in the situation has just comfortably got him down to one straw a day. The
dull, weak, lower and declining market for foreign Elevated roads will not die, but if the management finds it
exchange. The immediate cause for this turn in the cannot afford, with the reduction in fares, to keep up the
rates was the pressure of bills drawn against
outgoing condition of the property, it would be better for the
securities. The fall in sterling was so sudden that the community if they did.
market became demoralized, and for the moment it was
The news that the negotiations for the purchase by the
difficult to sell commercial bills.
Probably the principal Chicago Burlington & Quincy of the control in the Hanni¬
block of security bills came from the negotiation in Lon¬ bal & St. Joseph had been broken off, had a depressing
don of the Winnipeg loan for about one million dollars. effect, especially on the stock of the former road. Last
This offering, however, was followed by
moderately large week it was supposed the^ matter was progressing favor¬
amounts drawn against some of the trunk-line
stocks, ably ; but it came to a sudden halt by the refusal of the
bought at the late decline on European account, the holders of the Hannibal & St. Joseph to sell the common
decline, it is said, being regarded as speculative and not stock at 42 and interest, to be paid in Chicago Burlington
justified by the conditions, present or prospective, of the & Quincy 4 per cent bonds at par. The stop in the nego¬
properties. Furthermore, the disturbed feeling was aided tiations was coupled with the announcement that arrange¬
by the expectation of an increase of cotton bills from the ments would soon be made by the Hannibal & St. Joseph
South and the belief that with the subsidence of the flood for the construction of an extension from Quincy to
and the
resumption of the movement of grain, prices of Chicago. On Wednesday the Wabashes were pressed for
wheat would fall and the active
shipment of that staple sale, the ostensible reason being the decision adverse to
be renewed.
the company in the suit of the equipment bondholders,
Bearing upon the question of foreign exchange, we coupled with a report that the floating debt is large and
have this week the breadstuffs
These, and discussions about Erie’s new
figures for January of the troublesome.
Bureau of Statistics, which show how
trust
loan, were prominent among the many depressing
very favorable our
foreign trade must have continued during that month. circumstances of the week.
The provision
The report of the Delaware Lackawanna & Western was
figures have also been issued, and these
with our own cotton record
point to a trade balance in made public on Tuesday.
It shows—what indeed hhs
our favor for
January of probably more than 27 millions, been shown before by the company, but is nevertheless &
making the total for the three months frdkn November to remarkable fact in these days of stock watering and heavy
January both inclusive about 8fe millions. This statement is capitalization—grogs earnings larger than total stock out¬
sufficient to explain the
expectation we so often expressed of standing.
These gross earnings are $27,006,267 in
aaiuflux of gold in
January; and had $ not been for the very 1882, against $27,396,526 in 1881, a decrease ol about
considerable movement this way of governments aftid of ma¬ $39O,O0o, but expenses
decreased about $400,000, so that
been the




208

THE CHRONICLE.

[ VOL.

net

earnings reached $7,774,890, or $11,026 more than in
the previous year. The charge for interest and rentals
(mostly the latter, since its own bonded debt is very
small, being but about 4 million dollars,) was $3,620,709, leaving as the balance for the year $4,154,181,

XIXU

-

,

Into Banks.

Sub-Treasury operations, net...

Outof Banks

$

Interior movement
Total

Net Lag,

923,000

$1,458,899
3,690,000

$1,458,899
2,767,000

€923.000

$5,148,399

$4,225,899

The

following shows relative prices in London and
out
of
which the company spent
New
York
of leading securities, at the
$931,701 for
opening each daynew cars, locomotives,
tracks, &c., so that the actual indicating the margin of profit on cable
transactions.
surplus remaining for the stockholders was $3,222,480,
Feb. 19.
Feb. 20.
Feb. 21.
Feb. 22.
equivalent to over 12 per cent. Only 8 per cent however
Feb. 23.
Lond'n N.Y. Lond'n N.Y. Lond'n N.Y.
was distributed.
At the meeting this week the lease of
Lond'n N.Y.
prices.* prices. prices* prices. prices.* pricex.
prices* prices■
the New York Lackawanna & Western
(Buffalo extension) U.S.4s,c. 11955 119% 119-07 119% 119-07 119%
119-55
was finally ratified,
10337 103%- 103-37 103% 103 27 103%
r*
according to which the Delaware tJ.3.S%s
103-89
10354
Erie
•

o

35-50

144-09

35)4
94%
143%

143*12

141

143 24

93%
142%

X. Y. C..

125-14

125

12514

125 38

125

51%
25%
100%

250:2 [

124%
49%
20%
93%

Lackawanna & Western guarantees five per cent on that

company’s stock and the interest on its bonds, involving a
charge of $1,220,000 yearly. It is interest¬
ing to observe that even if the new line contributes nothing
to net earnings (and it ought to contribute
something at the
very outset, and quite a considerable sum in later years,
when it becomes firmly
established) the Delaware Lacka¬
wanna & Western
will, on the basis of last year’s results, fall
total additional

but little short

of the amount needed to meet the full

additional

charge and yet maintain the present rate of
on its stock.
Eight per cent on the $26,200,000 capital calls for
$2,096,000; add this to the $1,220,000
called for by the New York Lackawanna &
Western, and
we have a total
requirement of $3,316,000, against the
$3, 222,480 remaining in the late year, and this too
after $931,000 had been deducted for new
equipment, &c.
There seems to be a possibility now that
money may
distribution

be less abundant than it has been for months past
although for the present it remains in good supply, not¬
withstanding a liberal movement of funds to the Western
centres.
The reason for this ease is the
comparatively

2d con.

95-25

ill. Cent.
Read in p

26001

Ont.W’n

25'37

St. Paul.

100-00

35-11

34%

3474

94 74

94%

0379

25 39

98-65

purposes and the

steady
liquidation in the stock market, which lessens the demand
at the Stock Exchange.
A revival of business and a
steady upward movement in stocks-would naturally tend
to make money active; but, unless this season
proves an
exception, such activity may not be greatly prolonged.
Last year the maximum surplus reserve of the banks for
the first quarter was $9,674,375, and was recorded in the
week ending January 21.
There was a rapid fall to a
deficiency of $2,618,050 by the week ending March 4, but
this was caused by the drain of about
6£ millions gold to
Europe, and thereafter there was a recovery to a surplus
of $3,338,100 by the last week in March.
In 1881 the
maximum surplus reserve for the same
quarter was $8,146,725, and was recorded in the week ending January 21,
and the minimum was a
deficiency of $1,014,625 in the
week ending February 25. Then followed a
recovery to a
surplus of $2,310,300 by the week ending March 18. This
the maximum surplus was $10,007,575 in the week
ending January 27. Since then the decline has been con.
stant and is likely to
continue, although the payment of
$2,812,500 interest on the 4Js, March 1, may arrest the
reduction.
The Sub-Treasury has paid
nothing for bonds
this week, and its operations appear to have resulted in a
gain, which is a loss to the tanks, of $1,458,899.
The
following shows the interior movement,which has been
largest to the grain centres where the rates of exchange
rule strongly against this city.
year

Currency
Gold
Total

Last week’s bank

averages.

return

was

Received.

Shipped.

$509,000
14,000

$1,115, COO
2,515,000

§923,000

$3,690,000

made up on

declining
Considering this fact, the following will

indicate the character of this week’s statement.




35-23
91-79

«

14312

o

25*27

99

4*80

4*86

m

25-63+

25

9914

35%
93%
142%

12538

51%

2527
a

H
.

cables.

<

4*80

51

25%
m

03-90

4-86

*

Expressed in tlieirNew York equivalent.
1 Heading on basis of $50, par value.

The Bank of

England return for the week shows a
gain of £370,000 bullion. The Bank of France reduced
its rate of discount from
3| to 3 per cent and reports an
increase of 7,800,000 francs
gold and of 1,900,000
francs silver, and the Bank of
Germany, since last return,
indicates a gain of 7,060,000 marks.
The following
exhibits the amount of bullion in the
principal European
banks this week and at the
corresponding date in 1882..
Feb. 22, 1883.

Bank of

England

Gold.

Silver.

4

M

22,976.046

Feb. 23,1882.

Gold.

Silver.

A

A

21,200.220

Bank of France
Bank of Germany....

39.619,769 43,402.732 33,033,240 45,287,327
7,706,250 23,118,750 6,916,750 20,750,250

Total this week
Total previous week..

70,302.065 66,521,482 61,150,210 66,037,577
69.459,191 65,964.289 60,247,721 65.693.037

The

Assay Office paid through the Sub-Treasury $51,003
bullion, and the Assistant Treasurer received
following from the Custom House.

for domestic

the

Consisting of—
1Date.

Duties.
Gold.

Feb. 16...
“

$188,107 42
177,761 91
573,491 12
708,520 39
663,213 11

17...

“

19...

“

20...

“

21...

«

22...

Total.

$7,000
4,000
15,000
30,000

Gold

Silver Cer¬

Cerlif.

tificates.

$9,000 $136,000
8,000

$35,odo
20.000

147,000
456,000
542,000
490,000

73,000
106,000
105,000

$92,000 $108,000 1,771,000

$339,000

36,000

$2,311,093 95i

F. 8.

Notes.

28,000
31,000
32,000

THE ERIE'S TRUST LOAM
The New York Lake Erie & Western has this week

published its earnings and

expenses for December and for
the first three months of its current fiscal
year, showing

that the

ing.

company’s business is slowly but steadily increas¬
For December there is a gain of $120,000 gross and

$60,000 net, and for the tkreo months ended December
gain of $227,000 gross and $195,000 net. Notwith¬
standing this favorable exhibit—which was foreshadowed
by the earher returns for October and November—the
price of the stock and of the second consolidated bonds
31a

has cofftinued weak and
are some

Receipts at and Shipments from N. r.

2527+

Exch’ge,

soon

light inquiry for commercial

*

ft

nties.

We

influences at

lower, and it is evident that there
work tending to depress the secu*

•

do

agement is

not

think that

a

lack of confidence in the man-,

of these influences, for the present directory
has been eminently successful in its wTork thus far. Nor
do

we

one

think that the

heavy increase in indebtedness during
which is so. glibly cited byoperating for a decline, has occasioned alarm, for

the last ten

those

or

twelve years,

February

THE CHRONICLE.

24,18S8.]

2Q9J

had disbursed on those Recounts.”
has been put to very profitable use in extending
Turning to page 4
iud enlarging the property, so, that now in its physical of the last annual report, we find that during the fiscal
condition the Erie ranks with th& best of the trunk lines, year ended September 30, 18S2, the company sold $603,*nd is able to command its just share of the business. It 816 consolidated mortgage bonds, $2,466,396 prior lien
jg rather the uncertainty about the proposed trust loan bonds, also the Grand Opera property for $715,000, its
lately negotiated, the active discussion and unfavorable Cleveland Columbus Cincinnati & Indianapolis stock for
comment to which it has given rise, and the manifest dis¬ $231,763, the premises held in Twenty-third street for
inclination of the company’s officers to let the public into $20,000, and it had besides a balance remaining from tli9
“

the money

the

particulars,which

are

the inciting cause for the present

weakness in the securities.,
A “trust loan” in itself need not be looked upon with sus¬

picion; though to some, no doubt, it conveys the idea—at
present, at least, while such form of security is comparative¬
ly novel—that the company resorting to it could not borrow
in the ordinary way. The operation, as we said last week, is
clearly legitimate. A company finds in the course of its
business that control of certain

fund advanced

for

construction of “N. Y. Lake Erie &

“Western Coal & Railroad” and other

improvements, of
$624,129, giving altogether $4,661,104. All this prop¬
erty was sold—why? The report furnishes the answer
in the disposition that it says was made of the
money
received from the same.
It was applied, we are told,
(together with $1,166,642 surplus) to improvements of
road and property, to the acquisition of
necessary equip¬
ment and real estate, “ to the
purchase of the capital
stock of the Blossburg Coal
Company ” (which on a sub¬
sequent page is stated to have cost $2,000,000) and to the
purchase of the “stock of other companies in which it was
advisable for this company to have a
controlling interest.”
Now if the Blossburg coal property,
among other purchases,
was provided for
the
sale
of
the
Grand Opera House
by
and various bonds previously unissued,
as the report says
it was, it is evident that the
company does not require to
issue other bonds now for the same
purpose, and it must

connecting lines, or of
pieces of property ensuring a large traffic, is
essential to continued prosperity, and proceeds to complete
negotiations for securing the same. But for this purpose
money is needed, and it has to be obtained in one way or
another. The former course was to place an additional
mortgage upon the whole line, but in that case the thing
purchased became general property connected with the
road, and thus subject to the prior mortgages. The
collateral trust loan obviates this by securing the bonds
directly upon the property for which they are issued. In be that in the interview Mr. Jewett was misunderstood.
this way, too, the funds needed are raised with less
The conflict between the two statements is
probably sus-,
difficulty, for it is clear that investors are more ready to ceptible of an easy explanation. But at present the differenoe
advance money, with a specific piece of
property as first is certainly unexplained, and so long as this remains the case
security, than they are with an eleve nth or twelfth mort. those adverse to the Erie will give it the worst construc¬
gage upon the whole property as their only reliance. tion possible.
We trust, therefore, that the company’s
Hence there is no ground for
officials
will
deem it not incompatible with the Erie's inregarding the loan itself
as
the cause of the disturbance in market
terests
to
clear
values.
up the mystery.
It is certain - that the
The
real
reason,
we
is
think,
the indefinite money is not wanted to meet interest charges or expenses,
character of the information given out with
regard for the earnings, as said at the outset, are steadily increas¬
to the
transaction.
We refer particularly to the ing, and in the late fiscal
year were sufficient to meet all
matter now, because one or two
attempts that have annual requirements, pay 6 per cent upon the preferred
been made to clear up the
subject seem to us scarcely stock, and carry forward besides a balance of nearly thred?
successful. The latest is a reported interview had with quarters of a million to
surplus income account.
Mr. Jewett, which appeared in the Herald of
Another
Wednesday. It
point worthy of notice is whether the new
was of course known that the Erie had been
will
loan
impair or in any way diminish the value of the
making
large investments in coal properties and connecting lines, property mortgaged to the second consolidated bond¬
and in
supplying new feeders; but it was supposed that as holders. It is charged that some of the securities pledged
far as the past was
concerned, this had all been settled up under this second consolidated mortgage have been
and that the new loan was
merely to provide the neces’ withdrawn, and are now pledged against the new trust
sary means for continuing the same policy in the future. loan. $>. Jewett, in
response to a question, said that
Instead of that, the Herald
representative reports the this was so, that some of the securities now held by the
President as saying that the loan is
exclusively for the trustees of the new loan were formerly in the possession
purpose of providing for last year’s purchases, and it is of- the trustees of the second
consols, and he is made to
that statement which attracts chief attention.
say that among these there are the Blossburg Coal Com¬
We can, of course,
readily believe that Mr. Jewett has pany shares and the bonds of the Buffalo Bradford &
been only pax tly or
imperfectly reported, or that hs has good Pittsburg Railroad. Reference to the mortgage—which
reasons for not
furnishing full details—as would be the case gives the property embraced in it with much detail—dis¬
should he have in
contemplation the execution of certain closes the fact that though mention is made of an interest
projects and plans, whose disclosure just now might in the Buffalo Bradford &
Pittsburg, diligent search fails
thwart his efforts to perfect them—but still the
to
reveal any mention of the Blossburg Coal shares, and
public is
quick to see discrepancies, apparent or
as
these were not acquired until 1832, and the
real, between dif¬
mortgage
ferent statements, and in the
present instance this is aggra¬ bears date 1878, this is not strange. Evidently, there¬
vated by mmored difficulties
(totally without foundation, fore, there is a slip here, and this stregthens the belief
we are
that in other respects Mr. Jewett may have
sure) in the company’s affairs.
been mis¬
The object of the collateral trust
bonds,” says Mr. understood or misquoted.
Jewett, “ is not to acquire money for anything in the
The claim that the company cannot dispose of
any of
‘future, but the company had bought the Blossburg coal the property originally included in the second consol
‘property at a cost of about $2,000,000 ; it had extended mortgage, does not seem to bo sustained. The right to
Ka Bradford
branch at a cost of about an equal sum
; it sell or exchange—for one purpose or another, as from time
had expended a
large amount of money upon its Wee- to time may be deemed advantageous or necessary—such
dock property, &c. It (the collateral loan) was parts of it as are “not inseparably connected” with the line
to return into
the Erie treasury the
money which we of road or its operation, is expressly reserved in the mort- *
certain

“

“

“

u

kawken




c

THE CHRONICLE.

[Voi. XXXVI.

the Erie directors consider it Russia was dissatisfied ; and Russia was but biding her
company’s interest in the Buffalo time to take her revenge. It was not difficult for these
Bradford & Pittsburg for some other piece of property people to find the suitable time ; and the public has again
and again been notified that it had come.. It had
come
they have the undoubted right to do so, the only condition
when England was at war with Afghanistan. It
had
being that the trustee, the Farmers’ Loan and Trust Com¬
come when M. Gambetta became Prime Minister of
the
pany, shall give its approval, which it is bound to give
gage.
For instance, if
advisable to exchange the

for withholding
“the same.”
But it is
also provided that where
a
sale
or
disposition of any of the property
is made, the security created by the mortgage shall not
be impaired, but the proceeds 11 employed in the payment
or reduction of the interest or principal of the indebted¬
ness secured hereby, or in the improvement of the
premises hereby conveyed.” This phraseology appar¬
ently admits of but one construction: whenever the
company withdraws any of the property secured by the
mortgage, it must give an equivalent either in money, in
•property, or in improvements. And the latter we presume
it proposes to do.
unless it

“

discover

shall

just

cause

“

“

THE COMING CORONATION AND THE PEACE
OF EUROPE.

nearly two years since the assassination of the
Emperor of Russia. It was not altogether unexpectedt
for the warnings had been numerous and the threats often
repeated; but it was universally lamented, not alone be¬
It is

now

French

Republic; It had come when France entered and
occupied Tunis. It had come when England threatened
to put down the rebellion in Egypt.
It had come again
when England had put down the rebellion, and did not im¬
mediately withdraw her troops and leave Egypt in a worse
plight than she found it. It had come once more when
M. de Giers made his not well understood visits to Berlin
And it was but yesterday that the wildest
and Rome.

again set afloat by the visit of the same
Joseph. M. de Gierg
however, is home again ; and the most warlike news we
hear from the Russian capital is that preparations are
being hurried forward with a view to the early coronation
of the Emperor.
Thus opportunity after opportunity has
passed away, and the situation is still peaceful, and more
so in its general aspect than ever.
Nor is the situation less promising if we fix our atten¬
tion on any of the other nations of Europe.
There has
been much ill founded rumor about a difficulty between
Russia and Austria.
It may be true that Russia was anx¬
ious to renew the triple alliance, and that she wished to
carry Germany and Austria with her in regard to certain
projected movements in the East. It may be true that she
rumors were

statesman to the Court of Francis

proof
it gave that the vast Empire of Russia was helplessly at
the mercy of lawless bands of secret assassins. The taking
was somewhat mortified at the manner in which her pro.
away of the Emperor, as the agitators might have fore¬
posals were received. However that may be, it is now
seen, checked rather than hastened reforms. But it struck certain that Russia has no immediate intention to attack
terror into the Government, and for the time being made
Austria and that Austria has as little intention to attack
the imperial seat the least comfortable, and in some re¬
Russia.
The dual alliance remains ; and so long as it cen«
spects the most undesirable position, in the Empire. The tinues, it is a
good guarantee for the peace of Europe in

place was filled; but the fear of giving^the Nihilists
another murderous opportunity has been sufficient to
delay those ceremonials which are deemed necessary to
the confirmation of royal and imperial authority.
At the end, then, of two years, and early next month,
unless some untoward event interferes, St. Petersburg will
witness a scene which, for military pomp and external
splendor and magnificence generally, will surpass anything
vacant

of the kind which has been
us

the event is

seen

in the present century. To

interesting chiefly because it seems to en¬

the hope of continued peace. It is very satisfac¬
tory to know that Russia is seeing better times; *and it
will be all the more a source of joy if the coronation shall
be accompanied with the announcement of much needed
reforms and of a more liberal domestic policy.
It will be
well, too, if this shall be associated with a foreign policy
which works for peace, and thus permits the other govern,
ments of Europe to give their thoughts to other questions
than those connected with self-preservation or with
foreign conquest. In spite of existing discontent in cer¬
tain quarters, and in spite also of certain possible changes
in the form of government on the part of some of her
meighbors, the time seems opportune for a new departure.
Russia has no immediate cause of quarrel with any of the
adjoining nations; nor do any of them seek a quarrel with
her.
It is also hardly possible to doubt that there is a
real improvement in the internal condition of the country.
courage

Besides all this,
such a hope.
It

outside circumstances seem to encourage
is true that we have had of late, and
time during these last two years, all kinds of

indeed, any
disquieting rumors.
its “ scare.”

a month has gone without
The substitution of the treaty of Berlin for

Scarcely

that of San Stefano has

facturers




of

war

proved

alarms.

a

rich mine to the

manu¬

Russia had been outwitted

;

direction.

one

other

possibility of war disturbance.
feeling is not yet kindly between France and Ger¬
many.
So long as Gambetta lived there was the possibility
of a war of revenge. Gambetta, however, has been removed
from the list of the motive forces of the time ; and it is
doubtful if there is any living Frenchman, compe¬
tent to measure the risks of such a venture, who would at
this time counsel another test of strength with Germany.
France may have some domestic difficulties to overcome;
but we do not look upon her as a possible early disturber
of the peace of Europe.
Altogether then, in spite of local
disturbances, as we said above, the outlook is peace.
There is but

one

The

Hews

ptoneiargi ©oratnerciaX
RATES OF EXCHANGE AT LONDON

AND ON

LONDON

AT LATEST DATES.
EXCHANGE AT LONDON-Feb. 10.
Time.

On-

Rate.

Amsterdam. 3 mos. 12-4\ ©12*5*4
Amsterdam. Short. 121i« ©12*2*3
25*47*a®25*52*3
Antwerp.... 3 mos.
a
2062 -020-66 •
Hamburg...
a
20-62 -©20*66
Berlin
ii
20*62 ©20*66
Frankfort..<t
18*40 ©18*45
Copenhagen.
ii
2314©2338
8t. Petersb’g
Short. 25*20
025*27*3
Paris
3 mos. 25*42 *2© 25*47 *e
Pads
ii
12*10 ©12*12*3
Vienna
46 ©46*«
Madrid
ii
25*70 ©25*75
Genoa

EXCHANGE ON
Latest

Feb.
•

•

•

•

Rate.

10 Short.

12*00

....

.

10
10
10
10

Feb.
Feb.
Feb.
Feb.
•

•

•

•

.

.

.

•

Short.
ii

i i

Lisbon
New York...

5U316©511*i5

ii

••••««

Alexandria..

Bomoay.... 60 days
Calcutta..

.

-

-r

-

-

Hong Kong..

....

Shanghai....

....

Is.
Is.

7f i6d.

7Bi6d.

.

ii

«

Feb.
Feb.

....

m

.

m

•

.

.

.

•

....

„

.

„

.

....

Feb.

Feb.
Feb.
Feb.

25'2lr
25*22

11*95

m »

•

Feb.
Feb.

25*24
20*43
20 43
20*13

....

10 8bort.
10 Checks
10 Short.

Feb.

•

LONDON,

Time.

Date.

44

.

of the brutal act itself, but also because of the

1

cause

10 Short.
7 3 mos.
10 4 mos.
10
10
10
“j

4*8

96"|
Is, 7*160*
.

Is. V»s3a*
3s. 8**0.
5s. 10*

__

THE

24, 1883. J

February

CHRONICLE.

{From our own correspondent. |

London, Saturday, February 3,1883.

been rather more demand for money this week,
and the rates of discount have somewhat improved, but the
quotation for three months’ bank bills is not more than 3^4 per
cent. The weekly Bank of England statement is very satis¬
factory, the proportion of reserve to liabilities having risen to
the somewhat high point of nearly 48 per cent. The note cir¬
culation has fallen off, while the supply of bullion has been
augmented by $308,341. The Bank rate remains at 4 per cent,
and there is certainly more prospect of its being lowered than
of an early return to higher quotations.
The foreign exchanges keep favorable to us, and the supply
of mercantile paper in existence is still under the average. At
this time last year the money market was in an excited con¬
dition, the supply of bullion having fallen to £18,772,387 and
the total reserve to £9,175,182.
The Bank rate had, in consc¬
ience, been raised to 6 per cent. At the present time matters
are very quiet, both in mercantile circles and on the Stock Ex¬
change, and there is every reason for believing that a cautious
policy will be observed for soihe time to come. The situation
cannot be said to be one of complete confidence. Recent failures
gfcill exercise some influence, notwithstanding that the tin plate
trade is one of small dimensions, or, rather, is carried on only by
& few firms.
The leading characteristic of last year’s mercan¬
tile operations was that it was attended by small profits, though
the aggregate business done was larger than in 1881.
The
There has

extent of

trade will

our

no

doubt suffer

diminution in the

no

competition being keen, profits are not likely
The period of large profits has evidently
and it is doubtful if it ever returns. Short

current year; but
to’be augmented.

passed

away,
or cash payments are

credits

becoming more the rule; but
they should tend to promote a more healthy condition of
things, as heavy risks are less likely to be incurred. The
following are the present quotations for money :
Per cent.
4

Bank rate

Open-market rates—
30 and 60 days’ bills

Per cent.
3*4 2>338
3 *4 w 3 ^

4 months’ bank bills

6 months’ bank bills
3*4® —
3*4^338

3 months’ bills

The

Open-market rates—

4 & 6 months’ trade bills.4

following rates of interest

are

stock banks and discount houses for

allowed’ by the joint-

deposits

Per cent.
3
3

with 7

Annexed is
the Bank of

or

14

days’ notice of withdrawal

3*4

statement

showing the present position of
England, the Bank rate of discount, the price of
consols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second quality,
and the Bankers’ Clearing House return, compared with the
three previous years:
a

1883.

1882.

Bes’ve of notes & coin.

25,895,520
8,618,112
24,981,851

12,510,343

14,351,714

24,771,335
5,972,599
26,951,664
16,481,713

22,214,935

18,091,595

15,231,061

16,542,770

26,126,,5 34

28,314,105

21,230,231 25,543,659
12,955,652
9,935,710

Coin and bullion in
both departments.. 22,395,827
19,301,065

Proportion

of reserve
to liabilities
Bank rate

“id.

46*15

33*2

45

4 p. c.

49%

6 p. c.
99
46s. Id.

3*2 p. c.
98 %d.

3 p. c.
44?. 2d.

69iftd.

42s. 7d.
63QCI.

lOVpi.

10*2d.

4d.

104,396,000 S.97,886,000

92,811,000

1021s
ay.

prioe.

Upland cotton...

No. 40 Mule twist

Cleary-house

return

40s. 6d.
5 Bad.
9%d.

*108,685,000

The

following are the
foreign centres:
Bank
rate.
Pr. et.

Paris

'3*2

Berlin

1880.

25,190,175 25,115,355
5,787,202
6,803,119
22,049,000 22,931,026

securities. 11,883,372
Gpvernm’t
Other securities

Consols
wheat,

1881.

£

Circulation
Public deposits
Other deposits

4

Frankfort!'.” !
Hamburg
Amsterdam...

....

....

5*2

9812

7*2d,

current rates for money at the leading

ne

Bank
rate.
Pr. ct.
4

Market.
Pr. ct.

33q
318

3*4

Brussels

Open

Mxtrket.
Pr. ct.

35a

Madrid and other

Spanish cities.

3

Vienna

514

N. Y. call money

41*
4*£

-

4*2
4%
2®3

ombay. The silver market is also dull, and the quotation for
bars is not more than 50 9-16d.
per ounce. Mexican dollars
keen disposed of at
49d.@49^d. per ounce, but 49%d.@

/§d. is

now

required.

small increase

last year,

notwithstanding the increased
expenditure has, however, been augmented,
there being an increase of nearly £2,000,000 for the army and
navy.
The expenditure going on in those services, and especi¬
ally in the latter, is very heavy, but it has probably been
justified by the recent events in connection with Egypt.
The weather continues unpropitious for the farming inter¬
ests, and it is impossible to proceed with the usual agricultural
work. It is said, however, that in spite of the fickle weather,
a

over

The

income tax.

,

autumn-sown wheat looks well in certain localities. Farmers
have been threshing wheat rather more freely of late, but the

2.87653—-The

operation is impeded by the weather, and the condition of the
produce is still far from satisfactory. Choice wheats are in
consequence held with much firmness, and are somewhat rising
in price; but it is difficult to establish any material advance.
The following return shows the extent of the imports of cereal
produce into the United Kingdom during the first twenty-two
weeks of the season, compared with the corresponding period
in previous seasons:
.

IMPORTS.

1882-3.

Wheat

CWt.28,757,926
8,304,6.">6
6,561,816
984,139
998,318
5,649,053
6.820,816

Barley

Oats
Peas
Beans
Indian
Flour

00m

India Council bills

were

sold at the

1881-2.

1880-1.

1878-9.

26,843,456
6,561,092
1,150,623
864,209
728,048
10,611,230
3,340,150

25,750,295
6,923,881
6,093,183
1,229,992
1,037,153
15.188,576
5,739,564

30.252,239
7,989,323
6,936,906
1,163,640
1,302,987
9,978.673

5,282,463

SUPPLIES AVAILABLE FOB CONSUMPTION.

1881-2.

1882-3.

1880-1.’

1878-9.

-

Imports of wheat.ewt.28,757,926 26,843,456 25,750,295 30,252,239
Imports of flour
5,739,564
5,282,463
6,320,816
3,340,150
Sales of home-grown
....18,522,000 17,690,400 15,214,280 10,973,820
produce
.

Total.
54,100,742
Av’ge price of English
wheat for season, qr.
41s. Id.
Visible supply of wheat
In the U. 8.... bush.21,900,000

47,874,006

46,704,139

46,508,522

47s. Od.

42s. 84.

47s. 3d.

17,800,000

28,400,000

30,750,000

English Market Reports—Per Cable.

The

daily closing quotations for securities, &c.t at London,
provisions at Liverpool, are reported
by cable as follows for the week ending February 23:
and for breadstnffs and

Silver, per oz

d.

Consols for money

Consols for account
Fr’ch rentes (in Paris) fr.
U. 8. 5s ext’n’d into 3*28
U. 8. 4%i8 of 1891
0. 8. 4s of 1907..
Chic. Mil. &St. Paul
Erie, common stock
Illinois Central
N. Y. Ontario & West’n.
....

Pennsylvania
Philadelphia & Reading.

New York Central

Sat.

Mon.

50716

50*2
1023s
10258
79-72*2
106*4

1023a
102*2
7955
106*4
115%

1155s

123

123

1035g
3638
14734

103*2
36*2
147%
2 6*2
61*2
26*2

26*2
61*2

265s

129

129
Sat.

Mon.

s.
d.
12 6
9 4
9 6
9 8
9 5
Cal. white
“
6 11
Corn, mix., West.
“
Pork, West.mess..$ bbl. 80 0
Bacon, long clear, new.. 48 0
Beef, pr. mess, new,$tc. 87 0
Lard, prime West. $ cwt. 57 0
66 0
Cheese, Am. finest

s.
d.
12 6
9 5
9 6
9 9
9 5
6 11
80 0
49 0
87 0
57 6
66 0

Liverpool.

State).. 100 lb.
“
Wheat, No. 1, wh.
Spring, No. 2, n.
“
Winter, West., n
“

Flour (ex.

Tues.

509ig

Wed.

Thurs.

Fri.

50916

1023s
102*2

1023a
102*2

80-00

80-22*2 80-25

106*4
11578
123*8
101*2

106*4

106*4

1063s

11578
123*8

1

115%

S«*8

102
36

147*4
26*8

147*4

6078
257q
12878

61*8

Tues.

!O2»i0 102516
10271f}
1o78
123*8

........

36*4
147

61*8
263a

12S78
Wed.

123

L01l3lft
36516

147*4
26

26*8
26

I027!ft
8015

Thurs.

61*4
1 26716
1129
Fri.

s.
d.
d.
8.
d.
s.
s.
12 6
12 6
12 6
12
9 5
9 5
9 5
9
9 6
9
6
9 6
9
9 9
9 9
9 9
9
9 6
9 6
9 6
9
6 10*2 6 10*2 6 10*2 6
80 0
80 0
80 0
80
49 0
49 0
49 6
49
86
86 0
87 0
86 0
57 6
57 6
57 6
57
65
66 0
66 0
65 0

a.

6
4

6
9
6

9*2
0
0
0
0

6

©ummrrcial atxtl fHiscjella:iir0tts plexus
National Banks.—The

Open

Bengal rate of discount has been reduced to 5
per cent, and the Indian
exchanges are weaker. The rate for
telegraphic transfers is Is. 7 5-16d. in Calcutta and Is. 711-32d.
ih

will be able to relieve the taxpayers to any material extent. Up
to the present time the receipts into the Exchequer show only

London.

:

Joint-stock banks
Discount houses at call
Do

a<4*2

211

been

following national banks have lately

organized:
First National Bank of Felicity, Ohio.

Capital, $50,000,

David H. Hoover, President; Samuel F. Waterfleld, Cashier.

Traders’ National Bank of 8an Antonio, Texas. Capital,
John M. Brownson, President; James 8. Thornton,

$100,009.
Cashier.

2,584—The First National Bank of Marshall, Mo. Capital, 100,000.
James W. Goodwin, President; A. 8. Van Angien, Cashier.
Delphos National Bank, Ohio. Capital, $60,000. Theodore
Wrocklage, President; Joseph Boehmer, Cashier.

Valiev National Bank of Des Moines. Iowa. Capital,
J. J. Town, President; William D. Lucas, Cashier.
Hot Springs National Bank, Arkansas. Capital, $50,000.
Andrew Bruon, President; R. E. Jackson, Cashier.
Imports and Exports for the Week.—The imports of last
$150,000.

week, compared with those of the preceding week, show an in¬
in dry goods and a decrease in general merchandise. The

crease

total

imports were $9,719,967, against $10,019,397 the pre¬
week and $8,382,881 two weeks previous. The exports
ceding
1st
a total
for the week ended Feb. 20 amounted to $6,963,690, against
of £10,808,829.
$6,157,092 last week and $7,771,094 two weeks previous. The
Bather more than ten months of the financial
following are the imports at New York for the week ending
year have now
(for dry goods) Feb. 15 and for the week ending (for general
Mpsed, and the forthcoming budget will be
awaited with some merchandise) Feb. 16; also totals since the beginning of first
anxiety ; but it is doubtful if the Chancellor of the
Exchequer week in January:
ank of
e

England on Wednesday at Is. 7 %&. per ounce.
of April la3t the sale of
these drafts has reached




Since

El

‘i

THE CHRONICLE.

212

with

FOREIGN IMPORTS AT NEW TORS.

For Week.

1880.

1881. '

Dry goods
GenTmer’diee..

$2,868,726

6,404,274

$3,056,963
5,763,937

$2,970,536
6,577,368

$3,667,599
6,052,363

Total
Since Jan. 1.

$9,273,000

$8,820,900

$9,547,901

$9,719,967

Gen’l mer’diae..

$19,048,249
42,723,680

$17,647,435
33,645,994

$21,167,295
44,116,506

$20,42 4,338
42,374,148

Total 7 weeks

$61,771,929

$51,293,429

$65,283,801

$62,798,486

Diy goods

I

1883.

1882.

specie) from the port of New York to foreign ports for the
week ending February 20, and from January 1 to date :
EXPORTS FROM NEW

YORK FOR TUB WEEK.

1881.

1830.

m

extension of the St. Louis & San Francisco Ron«i».
so as to form one line from

an

Louis to Houston, Texas. The Morgan Company
also
almost the entire capital of the Gulf West Texas
&

Railroad, extending from Indianola northwestward 70

^

9?

through the Indian Territory,

pS8

mc

t

In onr 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

For the week...
Prev. reported..

[VOL. XXXVI

$6,147,484
36,304,181

1883.

1882.

$6,728,609
43,215,431

$6,611,935
38,676,121

$6,963,600
42,205,023

It has been reported that Mr. Gould was asked to
join in tbs
purchase, but declined to do .so, for the reason that his interest

extended to St. Louis rather than to New Orleans.
The Texas
Central road has heretofore been in antagonism with the
Gould
roads in Texas, but the transfer to the Southern Pacific
syndi
cate is

probably satisfactory to him,

as

the Atlantic & Pacific

and St. Louis & San Francisco are owned
jointly by the Mis
souri Pacific and Southern Pacific managers, and the
compet"
itive through business of the Texas Pacific and
Southern
cific is pooled under agreement. There is
every reason to sun"
pose, therefore, that the Texas Central and its feeders will
be
worked in harmony with the rest of these two
great

Pa"

Southwest
divide between them that great triangular
Total 7 weeks. $4?, 451,665 $49,944,040 $45,288,056 $49,168,623 section of the United States, of which St.
Louis, New Orleans
and El Paso form the salient angles—in the common Wall
The following table shows the exports and imports of specie
Street
phrase they have a “corner” on that district.
at the port of New York for the week ending Feb. 17, and
since Jan. 1, 1883, and for the corresponding periods in 1882
Schuylkill & Lehigh.—It is reported that foreclosure pro¬
and 1881:
will soon be commenced on account of the coupons of
ceedings
EXPORTS AND IMPORTS O* 8PECIE AT NEW YORK.
November last being unpaid. The road extends from
Reading
Pa., to SJatington, 41 miles, and is worked by the
Exports.
Imports.
Philadelphia
& Reading Co., the rental being the net
Gold.
earnings of the road.
Week.
Since Jan. 1.
Since Jan. 1.
Week.
There are £1,500,000 first mortgage bonds.
Union Pacific.—A report of the Government directors has
Great Biitain
$
$....
$
$
France
been submitted for the year 1882, which contains little informa¬
190
Germany
tion pertaining to the operations of the road. The
West Indies
3S9,316
7,169
following
is a statement of lhe floating’debt on the 29th of
Mexico
November,
South America
55,494
32,865
19,301
1882, as submitted by the company’s officers :
265
All other countries.
6,500
1,285
systems, which

now

Bills payable

$
1,076,658

Total 1883
Total 1882
Total 1881
Silver.
Great Eiitain

$215,975
26,600

France

$34,150
5,303,998
115,960

$1,712,554
88,345

$26,735

$451,500

7,287

291.891

91,392

4,708,687

$

17.762

West In J l.B..Mexico
South America
Adi other countries...
Total 1883
Total 1882.
Total 1881

•

326

37,9.>0

45,882
2,b63

241,383
13,610

2,40o

1,206
$242,575
251,500
405,835

$1,80*2,105

$19,076

$313,611

1.776.180

19,842
223,040

213,975

1,610.570

510,’*53

Of the above imports for the week in 1883, £11,039
American gold coin and £3,517 American silver coin.

*>,002 840
3,741,302

Floating debt in the opinion of the U. S. Commissioner of

Railroads
:
To which should be added the following other debts:
Iotereston 1st mortgage bonds (including Dec.

$

German,

$",980,963

Fay-rolls and vouchers
payable

Accounts

were

1, 1882, coupons)

Interest

on

let mort. bonds accrued, not

October. Friends of the road believe that the construction of
the new road from Swanton to Rouses Point by Mr. Vanderbilt
will insure a prosperous future for the Ogdensburg and the St.

0

$353,770
yet due 782,313

Interest on other bonds
50,409
Interest on other bonds accrued, not yet due..... 537,750
Dividends unpaid
63,889
Dividends accrued, namely, two-thiidsof Jan.,
1883, dividend

710.131

Called bonds not presented for

payment

61,000—

Gross amount of floating or unfunded debts

Against which the

resources

applicable thereto

were as

Cash
Accounts receivable

$11,289,378

follows:

companies,
$532,549

.

1.829.822

..

Company’s stock and bonds owned by the company
Sinking funds with trustees to pay called bonds
Bills receivable
Due from other

2,564,271

the company, excluding

of

investment accounts and bonds and stock of other

Ogdensburg & Lake Champlain.—This company’s £3,500,000
6 per cent bonds authorized in 1880, but not heretofore issued,
are now offered to the public.
These bonds are a first consoli¬
dated mortgage, due in 1920, interest payable in April and

$8,725,107

companies
Fuel, materials and stores

on
on

account of traffic balance
baud

2,362.942
61,000
112,367
231,649
3,007,886

m

Railroad Construction (New.)—The latest information of
the completion of track on new railroad is as follows:

Uw'

Blairsville, Pa., east 5 miles.
This is a total of 5 miles, making 1G8 miles thus far reported for
1883, against 419 miles reported at the corresponding time in 1882 and
173 miles iu 1881. The weather thus far this year has not been favor¬
able for track-laying —Railroad Gazette.

1
$8,198,218
floating debt November 29, 1882
1
$3,091,160
In preparing the above statement, the company’s officers
pursued the same plan as in the one of July 1, 1882, making
deductions of the same items as proper offsets. It leaves the
debt at $3,091,160.
—Below is an official statement of earnings and expenses in
1881 and 1882 on the whole system of roads:

Southern Pacific—Morgan’s Louisiana & Texas—Houston
& Texas Centra’. —The recent purchase of the securities held

Earnings
Expenses

Johnsbury roads.

Total...

Pennsylvania.—'The Western Pennsylvania division is extended from

I !**':•

Net

1881.

$30,034,096
3 6,812,668

1882.

Tv crease.

$30,303,927
16,061,950

$329,831

Decrease

7; 0,718
by the estate of Com. Morgan, from the heirs, by the Southern Net earnings
$13,221,127
$14,301,977 $1,0S0,549
Pacific Railroad syndicate, consists of the entire capital stock
&
Vermont
Massachusetts.—A
special meeting of the
of Morgan’s Louisiana & Texas Railroad and Steamship Com¬
stockholders of the Vermont & Massachusetts Railroad was
pany. the par value of which is £5,000,000. The company owns
250 miles of railroad in Louisiana, terminating at New Orleans, held in Boston, and a vote was passed authorizing the issue of
and a fleet of sixteen steamships, most of them of iron, six of $1,000,000 five per cent twenty-year bonds on the first of May
them of large tonnage plying between New York and New next. The proceeds of these bonds are to be used in payment
Orleans; the others ply between Morgan City and Galveston, of the £550,000 ^mortgage sixes, which reach maturity next
Galveston and Indian da, Galveston and Corpus Christi, Gal¬ July, and to pay the Fitchburg Railroad for double-tracking
forty miles of the road.
veston to Vera Cruz, New Orleans to Florida and Havana.
—The Equitable Life Assurance Society publish in
The Morgan r.jad has £5,000,000 mortgage bonds upon it, in
an0J]ler
addition to $1,000,000 upon the Alexandria extension. The column items from their twenty-third annual statement. The
purchase price is understood to have been at the rate of $150 amount of new assurance written during the year 1882) some
per share, or £7,500,000 for the whole.
The 144 miles between sixty-two million dollars, the amount paid policy holders daring
New Orleans and Vermillionville constitutes the eastern end of the year) nearly seven million dollars, and the fact that the
the Southern Pacific through line, and, with the terminal facil¬ company has no contested claims on its books are items which
ities on both banks of the Mississippi Hiver, makes New Orleans indicate not only the standing of the Equitable Company ifl the
the initial point of the Southern Pacific system, and will enable community, but go far to commend it to those seeking this class
it by the steamer lines to carry freight from New York to San of investment.
Francisco under the fame ownership and control.
Auction Sales.—The following, seldom or never sold at the
The peculiar significance of this transaction arises, however, Stock
Exchange, were sold at auction this week by Messrs.
from the fact that Com. Morgan in his lifetime purchased the Adrian II. Muller & Son:
controlling interest in the Houston & Texas Central Railroad,
Shares.
of th- oldest of Texas roads, with a valuable land grant of
5,500,000 acres. This control is represented by £4,400,000 of
one

owned by the Morgan Company

as an

The Houston & Texas Central, in its turn, is the

owner

its stock,
asset.

which

was

controlling interest in the Texas Central, a tributary line
leading from Waco northwest; also of a controlling interest in
the Texas Central & Northeastern, under construction to the
of

a

northern


http://fraser.stlouisfed.org/
j-jjii t
Federal Reserve Bank of St. Louis

boundary of Texas,

near

Paris, where it will

connect

20 Morris Canal onrl

Bank’g

Co., consolidated....
H.Skj
1 Newport Casino
$100
1 Right N.Y. Soc’y Library $}
.

22 Merck’tw’ Ex. Nat Bank. 95
31 Merch’ts* Nat. Bank
129
21 Am. Exc’eNat. B’k.l27fz 12*1*?
5 St. Nicholas Bank...
130*4
5! Phoenix Na ional Bank .100
5 Hanover National Bank.141^

3 2 Nat. Bank of Commerce.
18 Peoria & Bureau Valley
RR. Co., guaraw’d
40 Bank of America
12 Homo Insurance Co....
ICO Walkins Autom’mSignal

1501*

$ saa
$3,000 Kiiioknb’r Ire Co., 7s
bonds, due 1890
i'50
Tolegraph Co. $4 7o
Toad.

.

FEBRUARY 24, 18S3.

THE

|

CHRONICLE.

JHe flankers' (Sasette.
DIVIDENDS.
The following

dividends have recently been announced:
Per
Cent.

Name of Company.

When

Books Closed.

Payable.

(Days inclusive.)

Kailroads.

Albany (quar.)
GeorgiaRR. & Bkg Co. (quar.)..
Iowa Falls & Sioux City (quar.)..

Boston &

2

Mch.

2%
1%

April 15
Mch.

31 Mch'.

[2 to

1%

Hudson Canal (quar.)
NEW

YORK,

FRIDAY,

Mch.

FEB.

Exchange.—Foreign exchange has been perceptibly weaker

and the supply of bills against securities
shipped is believed to
be on the increase. The demand for
exchange is relatively
small.
To-day, actual rates on bankers’ prime 60-days’ bills
were 4
demand, 4 85^; cables, 4 86.. Continental bills

were as follows, viz.: Francs 5
221/6<@*>21% and 5 20 and 5 18%;
reichsmarks, 94%@94% and 95i^§95% ; guilders 39^@40^.
Quotations for foreign exchange are as follows, the highest
pnees being the posted rates of leading bankers:

February. 23.

1

Miscellaneous.

Del. &

10 Feb. 26 to Mch. 11

23,

213

1SS3-5

P. M.

Sixty Days.

Prime bankers’ sterling bills on London.
Prime commercial

Documentary commercial
Paris

(francs)
Amsterdam (guilders)

4

Demand.

82%® 4 83

4 85*4®!
®4
4 83%®4
5 20
@5
40
®
95 ®

4 81%®! 81%
4 80%®4 81%
5 22% ®5 20
39% ® 40

4 S I

86

84%
84

16*4

40*4
Market and Financial Situation.—The events Frankfort or Bremen (reiehmarks)
94%® 95%
95%
of the week have in some respects been rather favorable for
Coins.—The following are quotations in gold for various coins2
the encouragement of a better feeling in business circles. The
Sovereigns
$4 83 %3>$4 87
Silver %s and %s.
99 %® par.
United States Senate has passed an internal revenue, and tariff Napoleons
3 83
® 3 87
Five francs
92
®
95
X
Reiclimarks. 4 73 ® 4 77
Mexican dollars..
86% 2>
87
bill, and some of the best-informed correspondents at Wash¬ X
Guilders
3 96 ® 4 OO
Do uncuimnerc’l.
85 ®
86
ington, who are inclined to view all sides of a question, feel 3pan’hDoubloons. 15 55 ®15 75
English silver.... 4 75 ® 4 83
Mex. Doubloons.. 15 50 ®15 65
Prus. eilv. thalers.
68 ®
70*3
very confident that this bill, either as it is or with modifica¬ Fine silver bars
1 10% ® 1 1
U. S. trade dollars
99— 99%
Fine
gold
bars.
par®%prem. U. S. silver dollars
tions, will pass both Houses before the close of the session.
99 %®
par
Dimes & % dimes.
99
99%® par
Should this be the case—and it is well known that difficulties
United States Bonds.—The government bond market has
apparently insurmountable often melt away just at the close been variable and
unsatisfactory, owing to the great uncer¬
of the session—the main cause for uncertainty in commercial
tainty hanging over the action of Congress in regard to the

Tlie Money

—
—

..

—

—

—

—

—

—

—

—

—

1.

affairs would be removed, and merchants of all classes would

—
—

and tariff bills.

If the bill is passed, and the
govern¬
materially reduced, the low-interest bonds
again begin to put their business in motion and adjust their
redeemable at pleasure will advance in favor.
sails to meet the requirements of the new law.
The closing prices at the N. Y. Board have been as follows:
The monetary ease in England and on the Continent is
Interest Feb.
Feb.
Feb.
another feature of no little significance in view of the fact
Feb.
Feb.
Feb.
Periods.
17.
19.
20.
21.
22.
23.
that we have a good supply of stocks and bonds always ready
*103%
for those markets, and even this week it is reported by the 5s, continued at 3%.. Q.-Feb. *103% *103% *103% *103%
4%s, 1891
reg. Q.-Mar. *112% 112% *112% 112%
*112%
bankers here that the demand from abroad for our securities,
4%s,1891i
coup. Q.-Mar. 11378 *113% *114
113%
113%
4s, 1907
119% *119% *119% *119%
reg. Q.-Jan.
b
*119%
both of the investment and of the speculative sort, has been 4s, 1907
coup. Q.-Jan. '•119% *119% 119% *119%
*119%
option U. 8
*104
reg. Q.-Feb. *104
104% 104
*103%
considerably above the average of previous weeks in the cur¬ 3s,
O
& J. *128
6s, eur’oy, 1895. .reg.
*128
*128
*129
*128
rent year. This has its influence on exchange and there is
6s, ettr’ey, 1896..reg. J. <fe J. '129 *129
*129
*129
*129
*130
6s, enr'ey, 1397..reg. J. & J. *130
*130
*130
*130
little doubt that a firm and healthy market in New York
63, cur’cy, 1838..reg. J. & J. *130
i 30
*13o% *130
*130
6s,onr’cy. 1893..ree. J. & J *130 *131
would soon stimulate this demand from European customers.
130
*130
*130
revenue

ment

income

.

*

*

The account of railroad construction in the United States

during 1882 has now been compiled by the Railway Age, with
more precision on the later details of information
received,
and the total

even

exceeds the first estimates.

shows that the construction in
on

The summary

U. S.

forty-five States and Territories
11,343 miles, or about 2,000

The money market has shown a trifle more firmness this
week, and while the rates for call loans to borrowers on stock
collateral are not positively advanced, there is more business
done at the higher rates in the
range quoted, which is about
3%@5 per cent. Government bond dealers still pay 2@3 per
cent for call
money, but the short revenue bonds of New York
city issued at 3% per cent draw off some of the savings banks
and trust money. Prime commercial
paper is quoted at 5@
per cent.

The Bank of England
weekly statement on Thursday
showed a gain of £370,000 in
specie for the week, and the
percentage of reserve to liabilities was 44 1-16, against 4415-16
last week ; the discount rate remains
at 3% per cent.
The
flank of France
gained 7,800,000 francs gold and 1,900,000
francs silver. The rate of discount has
been reduced to 3
from 334 per cent.
The New York
City Clearing-House banks in their statement
of reb. 17
showed a decrease of $2,741,875 in their
surplus
reserve, the total surplus being $3,674,825, against
$6,419,700
the previous
week.
The
following table shows the changes from the previous

no

sale

was

made.

Sub-Treasury.—The following table shows the receipts
well

as

the

Balances.

Date.

than in 1881.

TJie construction is divided as fol¬
lows : In five New England States, 53 miles ; in four Middle
States, 1,315 miles; in five Middle Western States, 2,077 miles;
in eleven Southern States, 1,490 miles; in four States in the
Missouri River belt, 2,063 miles; in five States in the Kansas
belt, 2,157 miles; in five States in the Colorado belt, 1,165
miles, and in six States in the Pacific belt, 1,020 miles.
This is a grand record of industrial
enterprise in a single
year, and it suggests the rather practical thought in connec¬
tion with a bankers’ and stock brokers’
business, that there
must have been created
something like $567,000,000 of new
stock and bonds, based on this new
mileage of railroads.
more

morning board;

and payments at the Sub-Treasury in this city, as
balances in the same, for each day of the past week:

342 lines of road amounted to

miles

%

*Tliis is tlie price bid at the

Receipts.

Payments.

Coin.

Currency.

‘

Feb. 17..
“
19..
“
20..
“
21..
“
22..
“
23..
fotal....

$
1.757.866 95
1,389.190 40
1.145.419 01

1,065,202 92

$

$

904,214
1,342,031
683,718
630,062

$

2t! 119,648,308 24
95 119,606.602 45
56 120.174.539 55
83 120,593,885 30

6.356,639 66
6,445,453 90
6,339,217 25
6,356,011 59

Hull

1,553,023 86

day
1,730,132 18 120,607,247 58

6,911,703 14

5.290,209 7S

.

6,165,540 99

State and Railroad Bonds.—The dealings in State bonds
have been small, and even the Arkansas bonds have shown
few transactions.
To-day the Louisiana consols sold “seller
30” at

72%@73, Tennessee 6s old at 43, and Tennessee com¬
promise bonds at 43.
In railroad bonds there has been a very fair business at
prices
no stronger than heretofore, and sometimes at lower
figures.
It seems probable that the first revival of activity
at the Stock
Exchange will be accompanied by an advance in the prices of
good bonds on those railroads having an established business
and tolerably certain income.'
Railroad aud Miscellaneous Stocks.—The week has been
broken

by the

of a holiday on Thursday, and up
Wednesday the market showed but little
healthy animation. To-day there was a better tone and more
business, and, as all things go by comparison, it was one of the
strongest days that has been experienced in the dulness of the
past fortnight. One failure of a respectable firm of stock¬
brokers was announced to-day, but it had no general
signifi¬
cance, as the misfortune occurred through the embezzlements
some time ago of a clerk.
The annual reports now coming
out from week to week are naturally looked for with much
interest, as having a decided bearing upon the long value of
stocks. The Vanderbilt stocks close stronger, and Omaha
was conspicuous in to-day’s advance.
Lackawanna has been
firmer since the publication of the report for 1882. Tlie Hannibal
& St. Joseph negotiations are reported to have come to an
end,
because the C. B. & Q. would give only a 4 per cent bond in
pay¬
to

the close

occurrence

on

ment for the Hannibal
1883.
Feb. 17.

Di

ffer'nces fr’rn

previous week.

1882.
Ftb. 18.

1881.
Feb. 19.

boansauartis*. $323,352,100

Bpecie

Circulation...
deposits

tender*

.

Inc. $1,860,900 $329,659,350 $320 807.300
59.91)9.300 Deo. 2,403.200
59,479,000
65.819,600
16,543,000 Tile..
79.300
19.975,00c
18.259,500
310.712.700 Dec.
397.700 305,897.100 307,718.100
21 353.700 Dec.
411,100
18,065,0 ><J
14.887,200

beg&l reserve. $77,678,175: Dc c.
Keaerve held.
Surplus..




* 99.415

81.353,000^)001 2,Sl4,300

$3,674,825 Doc.>2.744.875

$76,471,775

$76 929.525

77,544,0j0

80.736,800

$1,072,225

$3,807,275

common stock. TheWabasli stocks have
recovered a part of their decline, but the full text of the deci¬
sion in favor of the equipment bondholders has not
yet come
to hand.
Missouri Pacific has been weaker than the rest of

the

market, and, in spite of tlie heavy earnings, closes below

par.
The Southern roads show good earnings as a rule, but in
the Northwest the spring months are looked forward to for an
increase in traffic, as merchandise kept back now must then
move.
The sale of the Morgan’s roads and steamships, includ¬

ing Houston & Texas Central, to the Southern Pacific, is
probably an accomplished fact, notwithstanding the contra¬
dictions.

THE CHRONICLE.

214

N. Y. STOCK EXCHANGE FOR WEEK ENDING

RANGE IN PRICES AT THE

Saturday,

Feb

82

80ia
81%

RAILROADS
Boston & N. Y.

Air-Line, pref.

Burlington Cedar Hap. &

Canadian Pacific
Canada Southern
Cedar Falla & Minnesota
Central Iowa
Central of New Jersey
Central Pacific

No..

Chesapeake & Ohio—

lstpref
2d pref

Do
Ds

—

Do
pref
Chicago Burlington A Quincy.
Do

Chicago & Northwestern

71
79 7*
*20^
*30
*23

69%
603s
7214
80 34
211a
30 *2
26

Chicago Bock IsL A Pacific—
Chicago St. Paul Minn. A Ora.

pret

Do
Cleveland Col. Cin.

144
144%
12114 122
4514 4614
104
10i34
70
73%

A Ind
Cleveland & Pittsburg guar... *141
5
5
Columbus Chic. A Ind. Central
Delaware Lackawanna* West 11834 1203s
4414 45is
Denver* Rio Grande
90
*86
Dubuque * Sioux City
a3*
8%
Bast Tennessee Va. & Ga
16%
Do
pref. *16
Evansville A Terre Haute

5934
6334

pref....

Do

Houston * Texas Central
Illinois Central

*40
83
73
143

77
27

leased line

De

Indiana Bloom’n * Western
Lake Erie A Western
Lake Shore....

..

26
107

Long Island

Louisville & Nashville
Louisville New Albany &
Manhattan

Chic

lstpref

DC
Do

common

Manhattan Beach Co

Memphis & Charleston
Metropolitan Elevated
Miohigan Central

43
84

73
143ia
79

27ia
26%

108
61ia 61%
61 % 5318
65
*65
48
48
90
*87
*46 ia 49
16ia 16ia
38
38
84
*80
91ia 94

Milwaukee L. Sh.& Western

pref.

Do

25

Minneapolis * St. Louis

pref..
Missouri Kansas * Texas...

*58ia
30

Do

Missouri Pacific
Mobile* Ohio
Morris A Essex

25

6OI2
30=8

100*8 101*8

pref

Do

Northern Paciflo

pref

Do

Ohio Central
Ohio & Mississippi
Ohio Southern

Oregon &

4014

4614
81is

47

914
821«

Trans-Continental..

Evansville..
Philadelphia & Reading
Pittsburg Ft. Wayne * Chic...

20

Peoria Decatur *

61^

81%
934
82 34
20*8
62*g

693s
80

683s
793s

693s
80i§
21

30Ha
23%

32%
23%

130ia 132

130
*133

4534

10234 10334
70

70

5ia
H8I4H914
43% 441a
*85
83

8%

16

30

30

5

118ia

43*8
*85

8%
14*4
6
*41
81
*70

82%
72

I42ia 143i4

11734
12918

104
70

6
42

*50
*45

46i«
90

*87

50
16*2

*46 ia

15ia

36

36
*80

7,

84

923s
1634
4334

90*8
43ia
*24 ia

26
58

58

81 Ha

8134

301s
90ia 100’,

...

121
57
125i«
•

10*e

24
107

60

*85

90

*45
*16
36
*80
90

47
18
36
85
91

1634

lr

42

%
22’8

82

141*8 142Ha

65

*32“ * 32'
♦13

15
120

*56ia

15

120
57ia

124*8 125ie
10
24
*99

10ia

2418
107

35ie

75

75

173
25%

173
25

173
2514

3934
* "=45*8
8014
934

3934
463g

39

pref

Western U nion Telegraph
Sutro Tunnel

44%

10%

793s 80 38
9ia 1014

31is

31

81

19*8
4934

81141

%j

60
47
88
47
15
36
85

'

-45
*85
*45
15
36
*80

90Ha

91 *8
1634

4234

43
23Ha

'

23Ha
54 %
29 7e

100%
117%
130%

70

65

124% 125%
10 is 1014
21% 24%
107

TOO

34Ha

124

*

*25

30

2514

39*8

3914

46

4514
8OI4

39 Ha
45 %
81
IOm

10
32

5*2

57,090
30
5,350

2,300

3,900
109

6,036

79

81

7934

20
51*6

1934
49*8

20U

20-4

5034

51)38

137
11

51%
21ia
18*8

64ia
*95
*29 ia

48ia
91

136

3734

9234
2814
4634

65
97
32

48ia
91

137

38 Ha
9414
28*4
48 Ha

30
30
106
106’*4
19 Ha 19 Ha
23
23
134
134%
40 Ha 4114
120
120
*8
9 Ha
*40
43
80
80%

122

27Ha

4,075

135

135

o

25

56%

56%

800

29% 30=8
98% 100%

27,250
59,070

700
••••••

230

2,800

29,028

135

5,400
31.705

3,693
1,010
......

82,506
1,010

40%
48%
83%
10%

70,804
38,901

10

50Ha
*21

1734

10
51
22'

50 Ha
*21

18*

18 Hi

64
92
*29
*48
90
*33
9L
133

64
92
30
49

90 Ha
36
93
135 Ha

37*8

38%

92 34

94

2814
46*8

28%
47*4

65

65

135
91
64
123

27Ha

30
106'

201*
-12
21
132

30

106is
21 Hi
16
21
132

39Ha 40%
119H1 119’,
*8

-39
80

135

90*4

10
44
80 34

135

91i4

6,541
1,000

31
13

20

36,230
2,805

20

^

86,200
230

m

51

51
23

1S34

21%

52%
22%

18%

18%

-

-

-

^

65
95

67
97

67
98

*29

30
49

*29
48

90 Ha

*89
*33

30
48
90
35
93

-48
*89 Ha

*91

134% 135
3 / 7e 38 -4
9318 94%
26 34 29
4514 47 7s

135
136
37% 38%

93%
27%
4534

94%
28 34

4734

.

1,100

20,089
1,165
635

34'30

30
34
1U5 Ha 106:%
20
2la4

132
40

*8*38
80 3g

30% 31%
106% 108
21

*20

10

39% 41%

119%

117
*8

10

44

41%

81

80%
%

*133

90x4
62Ha

135

9L
63

62
124

*120

124

27

27

*25

30

14

18

5Ha

Cameron Coal—
Central Arizona Mining
Dead wood Mining
Excelsior Mining
Robinson Mining
Silver Cliff Mining
Stormont Mining

5 Ha

4134
8i%
%

Jan. 22

41%

21

29

137% Jan. 22 127% 145%
14.^
1A

1 1

14.9

130

146

Ton

OR

133

no

5
40

9
5
Jan.
3
Feb. 17

Vfth

‘2
2

Feb.
Feb

75

Jan. 29

337sJan 19
6% Jan. 19

87 34
72
73
79
147
141% Jan. 3
77
Feb. 17 81
27
Feb. 16 35
26
Feb. 16 33%

60
46
84 34
50
15

Feb
Feb.

Jan.
Jan.
Feb.
Feb.
Jan.
Feb.

36
80
90
17 % Jan.

52

Feb.

Jan. 30

3

9

53% Feb.
90
53
19
55
85

30
21
19
26
20 100%
3 18
23 48%
20 3034
20 68%

Jan. 18
Feb. 10
Jan.
6
Jan.
8
Jan.
8

Jan. 19
4

J an

Jan. 20
Jan. 18
Jan. 18

34% Jan. 18
105*8 Jan. 19
19%Jan. 5

3834 Feb. 13

4934 Jan. 20
513s Jau. 20
87% Jan. 18
13% Jan. 18
34% Jan. 4

44% Feb. 20

793e Feb. 20
9% Feb. 16
29
Feb. 14
10
Feb. 2
79
Feb. 20
19% Feb. 19
49% Feb. 20

21

2
Jan.
3
Feb. 20
Jan. 13
Feb. 16
Jan.

1634 Feb. 16
32
48
90

J an.
Jan.
Jan.

48

449

90

446

35
91

6,400 133
36 34
91%

26a4
45%

5
3

124
Jan. 9
64% Jan. 22

12834 Jan. 18
15% Jan. 5

Feb. 17

6
45
72

40% Jan. 18

57
40
82
40
15

77
77

16%

200

-15

18

17
270
5%
300
17%

Jan.

5

52% Jan.

9

13

....

30
12
12
11
9

56
37

93
105
21

77

36%

26% 42%
86% 112%
12
35%
119% 128
47
87%
123% 138
10% 17%
33%

37%

109%

43%

44% 60
28% 54%
66% 100%

11% 25%

55
31
43

4

18

34

62
8 125

6

Jan.

144
40
250
263

36%
40
50

94%
46%

55

27%

74
132

53%
119%
30%
23

40
163%

48%
145

14%
62%
93%
1

149%
97%
80%
132

36%

19 15% 19%
2%
15
2

Fob.
6%Jan.
J &ajl»
% Jan.

8

.

3
12

....
••••

139

79% 106%
42%
99%

26
68

5 133
5 90

27*8 Jan.

13

23%
98%
39%
67%

18 98% 119%
18 23% 39%
18 45 % 71%

Jan.

Jan.

42

18 108% 166%

Jan.
Jan.

Jan. 15 17
Fob. 2 270

......

60%
■88%

58%

69% Jan. 15 65
Jan. 3 125

Jan.

Feb. 17

78

19
59

27
13% Jan. 18 11
89
Jan. 19 60
28
Jau. 18 23
58% Jan. 18 46%
138
Jan. 16 130
142
Fob. 7 131%
15
Jan. 6 13
60
Jan. 18 52
29
Jan. 30 23
22
Jan. 5 17%
32% Jan. 10 20
71
Jan. 30 20%

19

Jan. 26

92%
150%

67
88%
45
60%
175 "Jan. 10 168 188
27% Jan. 15 20% 31%
24
18
Jan.
8 16
83

133
Jan.
5 135
90% Feb. 15 93
61% Feb. 9 65%
122
Feb. 19 126

27
Feb. 20
16% Feb. 23

111%

41%

25
28% Feb. 7 33*s Feb. 12
1,800
5,353 105% Feb. 13 109% Jan. 5 102%
Jau. 17 197,
840
19% Feb. 19 25
Jan. 4 13%
14
Jan.
4 14
365
18
Feb. 10 35% Jan. 8 33
Jau. 18 128
727 132
Feb. 20 144
39
Jan. 25 43% Jau. 18 32%
4,450
117
2,668 117 Feb. 23 126 Jan. 20
3
8% Feb. 15
8
Feb. 1
200
37% Jan. 26 4134 Feb. 23 40
68,486
79% Feb. 5 85% Jau. 18 76%
%
% J an. 3
500
% J an.
3

300

10
110

42% 82%

Jan. 29 133

30

86%

49%
23% 45
98
120%
49% 65
46% 100%

Jan. 4 27
Feb. 16 100

35

105

3 10034 Jan.
Feb. 15 34% Jan.
Feb. 23 54% Jan.
Feb. 20 100% Jan.
Feb. 15 40% Jan.
Feb. 20 97 % Jaa.
Feb. 20 147% Jau.
J an.
3 43 Jan.
Feb. 7 104% Jan.
Feb. 21 36% Jan.
Feb. 21 57% Jan.

540

68

29% 42%

Jan. 16 61
Jan. 30 127*.
Jan. 22
Jan.
9 30

29% Feb. 20
98% Feb. 23
15
Feb. 16
120
Feb.15
55% Jan.
3
124% Feb. 3
10
Feb. 2
23
Feb. 7
101
Jan. d3
343s Feb. 20
75
Feb. 19
45% Feb. 3
Jan. 16
169
25
Feb. 20
1 ft
.Tan. > 8

2934

39,120
192,365
25,780
77,335

3
6

% Jan. 29

* * * *

1%
2%
1%
26
13
240 245
4% 19%
97%
18
1%
%
6%
4
2%
%
1
2

1%

bid and asked; no sale was made at the Board.

27

.Tan.

*26
x!6%

91%

27

5

79

65
124

90%
*61
*120

135

37%
97%
97%

63%
82%
2334 Jan. 20 19%
35% Jan. 20 27%
Jan.

SO

130
234
165
125

135

73
30

20
5% Feb. 13
37e 21%
16 129% Jan. 4 116% 150%
2 51 % Jan. 20 38% 74%
21 89% Jan. 12 82
90%
21 10% Jan. 2
8
16
Feb. 20 18% Jan. 2 15% 26%

65
128

133

403g
11834 120

Jan.
Feb.
Jan.
Feb.
Feb.

409

65

65

Tnn

3%
118%
39%
87%
8%
14 34

135
139%
227
10
1,600 47

......

*

65
95

63
*120

18

3,485

135
„

1MO

22% Feb.

39%
4534
80%
9%
30%

52%

7

Feb. 20
Feb 10

2,050

3,765

82%

130
140

42% Feb.

25%

80
20
51

80 Ha
2014
5114

Feb.

900

25

13

30

2234 Feb. 23

44
14

27

2,850
Jan. 18
49,270 106% Feb. 16 114% Jan. 18
Jan. 18
1,640
60
Jan.
2 65
53,525
513s Feb. 19 53% Jan. 20

111

32.

82ia

*14

5 ia

228,578

<J

25

Homes take Mining
Little Pittsburg Mining

Mariposa Land & Mining

1,000

43%

35%

35is

20% Feb. 23

80%
85%

18,106 11534 Feb! 20 125% Jan. 18 120% 141
97% Feb. 20 108% Jan. 20 96% 128%
900 1163s Feb. 7 122
Jan.
9 114%
144%
43,120 128% Feb. 2 136% Jan. 4 124
150%
143
Feb.
20
2,710
151% Jan. 5 136 175
17,560 118 Feb. 21 127% Jan. 5 122 140%
20,950
Jan. 18 29%
4434 Feb. 19 55
58%
15,830 10234 Feb. 19 113% Jan. 5 97% 117
2,580
6834 Feb. 20 84 Jan. 5 ^65% 9234

24

36

Feb.

67

193,655

28%

>>

31,i4

11

*133
133ia 134
91
91
91
63ia 63 *a *60

American
United States

500
413
700
636

57

57% 67%
124*8 126%
10% 10%
24% 24 %
107
*100

Q

88

400
395

57

a

Ton

76% Jan. 18

17
120

56Ha

Tan

3

42%

17

37
*80

15

9ft

7

90%

*45%

60

79

47
87
47
17
37
85
93

-45 %
*85

Jan. 17
Jan. 5
61% Feb. 12
7134Jan. 19

68% Jan.

81
8134
*70
74
142 3» 143

30J%
99*4 1003b

*15
120

31 x4

EXPRESS,
Adams




118

82
83

68,050

Hi

17

136
136
411s 41*8
121
12134
*8
10
*40
44
803a 81%

Pacific Mail
Pullman Palace Car

These are the prices

110%
98%
117%
129%

26% 27%
107% 109%
61% 61 %
52% 53%

26

56
2914 29 \
99ia 100 %

3430

65

106 34 107

Oregon Railway* Nav. Co—

»

130

‘

Colorado Coal * iron
Delaware & Hudson Caual....
Mutual Union Telegraph
New Central Coal
Ontario Silver Mining

Maryland Coal
Pennsylvania Coal
Standard Consol. Mining

130

2734

27 34
263s
1073a IO734
60a4 61 Hi
51% 52*8
27 Ha

42 7b
24

35%

MISCELLANEOUS.
American Tel. * Caule Co
Bankers’* Merchants’Tel....

23%

14

Low. High

27,270

30

5%
119% 121*rf
43% 4434
*86
88
8 34
8%
15
16%

'

47

75ia

173g

92
36
95

0334 Feb. 19

5%

75

62

293a

18 7s

30 *a
49

23,250

42

27m
2614
106% 107*8
61
61ia
513s 52

52 a4
64

46

17*8

*29 ia

22 34

Highest.

2,200

100
100

26-

61ia

*6114
613a

51ia
21ia

66ia

71%
8034
20%

70
*xl39

51*
Si*
119*8 119% 120
43Ha 44Ha
44i4
87 Ha 87Ha
88
8ia
8%
-8i*
15i8 IS3**
15ia

27 4

28*8
26»8
10634 10714
26

5014

66*a

68 34
79 %
20%
30

143*§ 144%
119% 121%
45*8 48%
104% 10734

143*8
1203s
45*8

5

142ia 143

27ia

Lowest.

79
Jan.
3
80% Feb. 15
58% Feb. 23

......

21ia

13714 13714
383b 39 %
9334 95
28*8 29ia
4814 4934

pref.

Wells, Fargo & Co
COAL AND MINING.
Consolidation Coal

117
1173s
128^ 1293e 128 Ha
143
143ia *143
1193s 12114 118
4514
4434 45%
102 a4 IO3I4 103 Ha
68 34 69%
69%

43

-41
81
*70

116% 117
983a 99

117

8=*

15

130

130

130

1153* 117
97
98%

'141
5

68%
66%

1888.

For Full
Range Since Jan. 1,1883. ' Year
1882.

12% Feb

21

21

*34
95

Texas A Pacific
Union Pacific

Do

64*8

30

49ia

*48%
*91

..

Qnickiilver Mining

651«

-

pref.
8t. Louis & San Francisco
Do
pref.
Do
1st pref.
8t. Paul & Duluth
Do
pref
St. Paul Minneap. * Manitoba

De

6414

«

*

Wabash St. Louis * Pacific

6434

21

135

Rensselaer* Saratoga
Rich.* Allegh., st’ck trust ctfs.
Richmond & Danville
Richmond * West Point
Rochester & Pittsburg
Rome Watertown * Ogdeusb.
St. Louis Alton & Terre Haute
Do

40

593s

58%

6814
7914

129*8
14334
12134

(Shares).
150

59

71is
80%

1001b
1171a

.

200

59

30

98*8
II712
12834
I436g
1213b
4434

Feb. 23.

Feb. 22.

*80

21

,

Norfolk & Western

5938
63 7a

Sales of
the Week

Friday,

Thursday,

FEB. 28, AND SINCE JAN. 1,

81

21

-23

PRICES.

82

30
25

21
30

15
15ia
121
57
*6768ia
Nashville Chattanooga & St.L.
124
% 125*8 124ia
New York Central & Hudson .
10 ia 10%
10ia
New York Chie. & St. Louis...
24
24ia 24»4
Do
pref.
*100
*100
New York Elevated
35
35 "'a
34%
New York Lake Erie * West.
*
76
75
Do
Pref.
New York & New England.,
172
172
New York New Haven* Hart. 172
25ia
25*2 25 34
New York Ontario & Western.
„

*80

5934
65%

6834
79%

Wednesday
Feb. 21.
81

80ia
81%

....

Fort Worth & Denver City
Green Bay Winona & St. Paul
Hannibal & St. J oseph

78:

iT

*135
1181s II8I2 116*2 118*4

100% 101i«
Paul *117^
118
pref
12914 13014

pref..

Do

5934
653a

*130% 131ia

Chicago <& Alton

Chicago Milwaukee & St.

♦80

Tueada
Feb

Monda

Feb. 17.

LOWEST

AND

HIGHEST

DAILY

BT0CK8.

[VOL. XXXVI.

4

2%
1%

THE CHRONICLE

34, 1868.]

f*BBtiE7

216

QUOTATIONS of state and bailroad bonds and miscellaneous securities
STATE

Bid.

SECUBITISS.

**K73ti5,19(HS
6s,

81*a

.

100
83

25

Rock & Ft. s. 188.
jfemp.A L.Rock RR

7s L.

tI’lTr.p.b.&n.o.rr

tJW
0.&R.R.RB.
Arkansas Cent. RR
7s

CoBnootlcntr^CB^ 1883-4.
ioorgia^ipe

77J;&8ed6i886‘::::::

-7sl gold, 1890

LoaWMia-

■

■

7i,©anflol., 1014
7sJ small

*

SHOURITIES.

Bid.

Louisiana—Continued—
Ex-matured ooupon
Michigan—

Ask.

65

SECURITIES.

115

7s, 1890

45
40

38
37

18*2

55
51
25

102
104
lOt! *4 108

100*4 108
114

73*q

73

6s, due
6s, due
6s, due
6s, due
6s, due
Asyl’m

1883
1886
1887
1888
1889 or 1890
or Univ.. due ’92

100*2

Do

109*2

Special tax,class 1, ’98-9

6s, old, A.AO

Railroad Bonds.
PricM.)
bs, 1918
Hleg’T Cen.—1st, 6s, 1922
(Stock Exchange

Ala. Central—1st,

AtolL T.&. S.Fe—4 *2.1920

Sinking fund 6s,

1911.

AtL A Pac.—1st, 6s, 1910
B*lt.«fc 0.-lst,6s,Prk;Br.
Bo«t. Hartf. & E.—let, 7s

Guaranteed

-

Bor.O.Rap. &No.—1st,5s

Minn.&St.L—lst.7s.gu
IowaO. A West.—1st, 7 s

93*2
114

100*4

1st, 5s, 1921..

’99
Aug.—1st,7s
Chee.& Ohio—Pur. m’yfd.
8»,gold, series A, 1908.
6», gold, aeries B, 1908.
Char. Col. &

ioi*

120

108

C.Bap.Ia.F.&N.-lst,6s
Central Iowa—1st, 7s,

99
117
50

iio*

108
108
*113

La.& Mo. Riv.—1st, 7s.

2d, 7s, 1900

It, L. Jack.& Chic.—1st

1st, guar. (564), 7s,’94
2d(300), 7s, 1898....
2d, guar. (188),7s,’98

Miss.K.Br’ge—lst,s.f.6s
0.B.&Q.—Consol. 7s,1903
Is, sinking fund. 1901..
Ia. Div.—8. F., os, 1919

'

8.

F., 4s. 1919

107
90

114

lii'

iYo*

117*4
'117

125*4 126
103

87*8

82
83
Div.—4s, 1922..
85
4s, 1921
6. B. 1. & P.—6s, cp.,1917 123*2
i‘25"
Is, reg., 1917

Denver

Oonv., assented,7s,1902

102*2 105

113
109*2 110*2

110*a

Adjustment, 7s, 1903,..
LelL&W.B.—Oon.g’d.aa ioi*i
AnuD’kAImp.—5s,1921

68,

1st, 5s,LaC.&Dav.,1919

104

124
122

133

121*2

127»4
119
122

123*2

103*2 105
120*4
108
109*2
*96

lst,8.Minn.Div.68,1910 105*2 106*4
1st, H. &D.,7s, 1910..

Oh. & Pac. Div.,6s,1910

lbt,Ghic.&P.W..5s,1921
Min’l Pt. Div., 6s, 1910.

118
110

116
109

91*4
90

91*2

0.4 L. 8up.Div.,5s,1921

Wis. & Min. D., 68.1921
91*2
0. & N’west.—S.fd.,7s,’85 •105
Interest bonds, 7s, 1883 103*4 !037b
Consol, bonds, 7s, 1915. 131
132
Bxtens’n bonds, 7s, ’85
104 7a

1st, 7s, 1885..
Coupon,gold, 7s, 1902..
gold, 7s, 1902

Sinking fund, 6s, 1929.
Sinking fund, reg
Sinking fund, 5s, 1929.
Sinking fund, reg

•

Eacan’a& L.S.-lst,6s.
Dea M. & Min’e—1st, 7s
Iowa Midland—1st, 8s..
Peninsula—lBt, con v. 7s
Chioago & Mil.—1st, 7s.

108*3
106*3 107*3

fe1'1'6’'1916

133
120
!20
i.24*
106*2 108
121
123
116
120

Louisv. A N.—Cons.7s,’98
2d

,7s, gold, 1883

fcP^g-^N.Y.-istJs

*101

753s

Cecilian Br’ch—7 s, 1907

120
135

Sandusky Div.—6s,1919
Bl.&M.—1st,68,1919

Laf.

85
119

138

,7s, 1900..;;";
7sof 1871,1901

117
105

Manhat.B’chCo.—78,1909
N.Y.&M.B’h—lst,78,’97
Marietta A Cin.—1st, 7s.
1st, sterling
Metr’p’lit’n El.—1st,1908

TM69CUt’?8'1884"
Pa,m^I)iv,lCE>7^1917
ra. Div.,
reg., 7
s,

*

Registered, 6s, 1931

Jack.Lan.&Sag.—6s,’91

1917..

No price Friday—these




Coupon, 5s, 1931

116
126

Mil. A

are

No.—1st, 6a, 1910.

90

Oreg. Short L.—1st,6s
Ut. So.—Gen.,7s ,1909
Extern, 1st, 7s, 1909
Mo. Pac.—1st, cons., 6s.
3d, 7s, 1906
Pacific of Mo.—1st, 6s
2d, 7s, 1891
St. L.& S.F.—2d,6s,cl.A
4-6s, class C, 1906
4-6s, class B., 1906
1st, 6s, Peirce C.& O..
Equipment, 7s, 1895..
Gen. mort., 6s, 1931..
So. Pac. of Mo.—1st..

Tex.&Pac.—lst,6s,1905
Consol., 68, 1905
115*3

98
95

100*2
102 3*
89

94

97

98
83

12434 125*2

90
94
103
101

111
105

101*4

*91**

latest quotation* made thia week.

small
registered...

56*4

lst,RioG.Div.,6s,1930
Pennsylvania RR.—
Pa. Co’s guar. 4*23,1st c.
Registered, 1921

79*8

57
79 78
95
118

2d, 7s, 1913

136*8 136*3
*133
129

4th, sink, fd., 6s, 1892. iio'
Col.C.&I.C.—1st, consol. 130
2d consol., 78,1909
1st, Tr’8tCo.ctfs.,ass’d
2d, Tr’st Co.ctfs.,a88’d
lst,Tr’t.Co.ctfs. suppl. 116

So. Car.

io*2 *4

2d, 6s, 1909.
108*4
Dakota Ext.—6s, 1910..
109
Min’s Un.—1st,68.1922. *
110
St. P. A Dul.—1st,58,1931 *100

Ry.—1st, 6s, 1920

94

2d, 6s, 1931

Tex.Cen.—1st,s.f.,78,1909 104*4
105

1st mort., 7s, 1911

Bur.—Main,6s *......
1st, Dayt. Div., 6s, 1910
1st, Ter’l trust, 6s, 1910
47
Va. Mid.-M. inc.,6s, 1927
Wab. St.L. A P.—Gen’l,6s
75*t
77
Chic. Div.—5s, 1910....
Hav. Div.—6s, 1910
ToLP.AW.-lst.7s,1917 107
Iowa Div.—6s, 1921
Ind’polis Div.—6s, 1921
Detroit Div.—6s, 1921..
Cairo Div.-5s, 1931....
79*3
Wabash—M., 7s, 1909..

2d, 7s, 1898
2d, guar., 7s, 1898
Pitts. B.& B.—1st,6s,1911
Rome W. A Og.—Con. 1st,

56
79
90

......

i05*i

J'ol.
A W.—1st,
st, St.
L. Div., ext.,7s
7s, ’89

77

Equip, b’ds,7s, 1883..

7s, 1907
West.—1st, 7s, ’$8 104
2d, 7s, 1893
Q. AT.—1st,7s, 1890.
Han. A Naples—1st,7s
Ill.ASo.Ia.—lstEx.,6s
Consol, conv.,
Gt.

91

82*«
93

101
100

97*#
104**
100*3
103

109

108 »4 109*4

...

Spring Val. W.W.—1st, 0s
Oregon RR. A N.—1st, 6s

•••.* 3

102

2d, ext.. 7s, 1893

SkL.K.C. AN.—K.e.7 a
Om. Div.—1st, 7s
Clar’daBr.—6s.l919
St. Chas. Br.—lst,6s
No. Missouri—1st, 7s.
West. Un. Tel.—1900, cp.
1900, reg
N.W. Telegraph—78,1904
Mut. Un.T.—S.F.,6s,1911

•

95
*

120

117
115

116*

85

85**

10T

107*3

INCOME BONDS.

(Interest payable if earned.)
6s, 1918.

Ala. Cent.—Inc.

Alleg’y Cent.—Inc., 1912
Atl. A Pac.—Inc., 1910...
Central of N. J.—1908....
Col. C. A I. C.—Inc. 7s, ’90

Reorga’n Tr’st Co. Cert

80

60*3

Cent.

65*
60

Ia.—Coup.debtctfs.
Ch.St.P.AM.—L.g. inc.,63
Chic. A E. 111.—Inc., 1907

35*4

BayW.A St.P.—2d,inc.

*11

Consol., Inc., 6s, 1921..

40

45

*80
30
30

3f

Sand’ky Div.—Ino., 1920

Mil. L. S. & W.—incomes
Mob. A O.—1st prf. deben.
2d pref. debentures
3d pref. debentures
4th pref. debentures
N.Y.Lake E.&W.—Jnc.6s
N. Y. P. AO.—1st inc.ac.,7s

Ohio Cent.—Income, 1920
Min’l Div.—Inc. 7s,1921
Ohio So.—2d inc., 6s, 1921

37*3
*76
80

86
50

34
30
*60
52
22

*26*

24

*3*6*

80

Ogdens.&L.C.—Inc., 1920
Small.....:

Evans. Div.—Inc., 1920
Roch. A Pitts.—Inc.,1921
Rome W. & Og.—Inc., 7s.
So. Car.Ry.—Inc..68,1931
St. Louis I. Mt. & So.—

*43
39 >4
55

63
65
44*3

40*4
57

1st, 7s,pref.,ipt. accum. 118
2d, 6s, mt. accum’latlve *116
St’g I.ARy.-Ser.B.,inc.’94
Plain incomes, 0s, 1890.
Sterling Mt.Ry.—Inc.,’95‘

StL.A. AT.H.—Div. bds

—

104

56

Tol. Del. A

PeoriaD.&Ev.—Inc.,1920
131
126

...

Roch.A Pitt.—1st,6s,1921

106

St.P.Minn.AMan.—1st,7s

Laf.Bl.AMun.—Inc.7s,’99

94*2

Pitt.C.&St. L.—1st, c.7s
1st, reg., 78,1900

2d, 7s, 1912
3d, 7s, 1912

......

122*3
108\

Ind’B Dec.A Spr’d—2d inc
Trust Co. certificates
Leh. A Wilkesb. Coal—’88
Lake E. A W.—Inc.7s, ’99

99
103
106

95*i

108

2d, pref., 7a. 1894..
2d, income, 7s, 1894
BeUev. A S. Ill.—1st, 8s

99

100

*****

108*3 110
107*3
108*3 109*t
75*4 75*3

Gen. r’y& 1. gr., 5s, 1931
St. L. Alton A T. H.—1st.

Ind. Bl. A W.—Jnc., 1919

93*2

Income & Ld. gr., reg.

Pitts. Ft. W. A Ch.—1st

*

Cairo Ark. A T.—1st. 7s

105*2

93*2

93*
59

*75*a

2d, 7s, 1897
Arkansas Br.-^-lst, 7s...
Cairo A Fulton—1st ,7 s.

G.

11134

78

76
93
59

St. L. A Iron Mt.—1st, 7s

112

St.L.V.&T.H.—lst,g.,78
*102

12

DesM.&Ft.D.—lst,inc.,6s
Det. Mac. A Marq.—Inc..
E.T.V.&Ga.-- Inc.,68,1931
102*4 10234 El.C. A No.—2d, inc.,1970

Clev. A Pitts.—Cons. s.f.

..

115

7s, 18941

97

Loui8V.N.Alb.AC.—1st,6s 102

2d, 6s, 1899
122*2 Mex. Cen.—1st, 7s, 1911.
£uar- 7s. *121 t8 122
Mich. Cen.—Con., 78,1902
Consolidated 6s, 1902
10334
*ii4 114*4 Equipm’t bds., 8s, 1883.
i89i;;;;;;;
6s, 1909...
1

jat,
ext., 7s,
Oonp 7s, 1894

At. J.Co. AW.—1st. 6s

*101*4

50

Incomes, 1900.
SciotoVal.—1st, cons., 7s.

—

100

43

48

Debenture 6s, 1927
Atl.ACh.-lsi n., 7s;,*’*9*7

—

Pigeon—1st.

45

41
41
34
34
34
60

Rich. A Al.—1st, 78, 1920
Rich. A Danv.—Cons.g.,08

..

—

DM.L.&W.—7 s, con v.,’92 116
Mortgage 7b, 1907
l‘J8*2

WiSu’1"'7'
Bonds

98*3

118*3
111°8

r

Kal. A W.

41
41

BONDS.

Mil. L.S. AW.—1st,6s,1921
Minn. ASt.L.—lst,7s,1927

r

Det.M.&T.—1st,78.1906 *122
i'26*
Lake Shore—Div. bonds 12134
124*2 125*2
Consol., coup., 1st, 7s. 124*2
111
112
126
Consol., reg., 1st, 7s.. 125
109*2 110
121*4
Consol., coup., 2d, 7s.
101*8 101*8
Consol., rsg., 2d, 7s...
Long Isl. R.—lst,7s, 1898 116
1st consol., 5s, 1931
9734 98

*

Do

.

125

*80

Do

—

105

104

Registered
Funding 5s, 1899

115

1893-99

102

District of Columbia—
3-65s. 1924
Small bonds....

108

Iowa Ext.—1st, 7s, 1909
2d, 7s, I880............
100
105
2d, 7s, 1891
lst,cons. ,guar. 7 s, 19 06
Rens. & Sar.—1st, coup. 138
S’thw.Ext.—1st,7s,1910 1103* 111
Pac.
1st, reg., 1921
Ext.—1st, 6s, 1921
10138 102
Denv.A Rio Gr.—1st,1900 108
109*4 Missouri Kan. A Tex.—
1st consol., 7s, 1910
87*3 88
Gen. con., 6s, 1920
78*8 78*3
96
Cons. 7s, 1904-5-6
104
Denv.So.P.&Pac.—1st,7s.
91
Det.Mao. & Marq.—1st,6s
56
Cons. 2d, income, 1911.
54
Land grant, 3*28, 8. A..
H. & Cent. Mo.—lst,’90 *104
il8* Mobile & Ohio.—New. 6s. 107
E.T.Va.A G.—1st,78,1900 117
76
Collat. Trust, 6s, 1892..
1st, oons., 5s, 1930
*92
106
Divisional 5s, 1930
Morgan’s La. A T.—1st, 6s
Eliz.C.& N.—S.f.jdeb.C.68
116
Nash.Chat.&St.L.—lst,7s
1st, 6s, 1920
2d, 68,1901
94
95
Eliz. Lex. & Big 8.—6s...
N. Y. Central—6s, 1883.. 1017,
127
*107 34
Erie—1st, extended, 7s...
6s, 1887
2d, extended, 5s, 1919.. i*08‘
10178
6s, real estate, 1883
103*4 103*2
3d, 7s, 1883
6s, subscription, 1883.. 1017a
104
130
N.Y.C. A H.—1st, cp.,7s 129
4th, extended, 5 s, 1920.
’108
130
5th, 7s, 1888
1st, reg., 1903
1st cons., gold, 7s, 1920. 128*3 129*3
106
Huds. R.—7s,2d,s.f.,’85
«* 108*2
lft oons., id. coup., 7s..
Can. So.—lst,int.g’ar.5s
94*8 94*4
130
Reorg., 1st lien, 6s,1908
Harlem—1st, 7s, coup..
120
1.29 34 130
Long Dock b’ds, 7s, ’93. 117
1st, 78, reg., 1900
N. Y. Elev’d-lst,78,1906 115*8 116*2
BnCN.Y.&E.—1st,1916 130
N.Y.L.E.&W.-New2d 6
N.Y.Pa.&O.—Pr.l’n.6s,’95
*49*
N.Y.C. AN.—Gen.,6s,1910
2d, consol., fd. op., 6s.
Buf.&S.W.—M. 6s, 1908
49
Trust Co., receipts
96
98
Ev. & T. H.—1st, cons., 6s
N. Y. A New Eng.—1st, 7s
114
Fl’t &P.M’rq.-M.6s,1920
1st, 6s, 1905
106
Gal. Har.A S. Ant.—1st,6s
95*8 95*4
N.Y.C.ASt.L.-lst,6s,1921
107
108
2d. 78,1905
N.Y.W.Sh.A Buff.—Cp.5s
75*8 76
103
Mex. & Pac.—1st, 5s.
Nevada Cent.—1st, 6s
N. Pac.—G. 1. g., lst.cp.6s io*3^ 103*2
2d, 6s, 1931
77
79
Gr’n Bay W.&8.P.—lst,6s
103^,
Registered, 6s, 1921
Gulf Col. & S.Fe—7s, 1909 111
in«* N.O. Pac.—1st, 6s, g.,1920
87»4
*108
108*2 Norf. AW.-G'l, 6s, 1931. 101
!0! *2
Han.& St. Jos.—8s, oonr..
108
Cohsol. 6s, 1911
116
Ohio A Miss.—Consol, s. f.
116*3
Hous.A T.C.—1st, M. L.,7 s 107 «* 108
116
Consolidated 7s, 1898
105
1.2*6
2d
consolidated
*2
1st, West. Div., 7«
7s, 1911
110
119
1st, Waco &N., 7s
1st, Springfield Div.. 7s
125
2d consol., main line, 8s 120
Ohio Central—1st,6s,1920
8934
90
2d, Waco & No.,8s,1915
IstTer’ITr., 68,1920...
1st Min’l Div., 6s, 1921.
General, 6s, 1921
80
H0U8.E.&W. Tex.—1st,7s
Ohio So.—1st, 6s, 1921....
Ill.Cent.—Sp.Dir.—Cp. 6s
Oreg’n&Cal.—1st,6s,1921
Middle Div.—Reg., 5s..
Or.A Trans’l— 6s,’82-1922
93
93*2
105
C.St.L.&N.O.—Ten.1.,78
Panama—S.f.,sub.6s,1910
1st consol., 7s, 1897
Peoria Dec.A Ev.—1st, 6s 100
102*3
2d, 7s, 1907
Evans.Div., 1st, 6s, 1920 *101
104*3 Pac. RRs.—Cen. P.—G.,6s 113*2
Gold, 5s, 1951
2d Div., 78,1894....
San Joaquin Branch.. 110
Ced. F. & Minn.—lsf. 7*
Cal. A Oregon—1st, 6s 103*3
Ind. Bl. A W.—1st prf. 7s 118
State Aid bds., 7s, ’84
88
Land grant bonds, 6s. ioT* 105 34
1st, 4-5-6s, 1909
74
73
West. Pac.—Bonds, 6s 110
111*2
2d, 4-5-68,1909
90
East’n Div.—6s, 1921.
92*3
So. Pac. of Cal.—1st, 6s. 104 34
100
114
Union
Pacific—1st, 6s.. 1137*
Indianap.D.&Spr.—1st,7s
Land grants, 7s, ’87-9. 109
11034
2d, 5s, 1911
119
Int.A Gt.No.—1st,6s,gold 105*3 106
Sinking funds, 8s, ’93. 118
85
118*3
Registered 8s, 1893...
Coupon, 6s, 1909
Kent’k v Cen.—M.,6s,1911
105
Collateral Trust, 6s...
Lake Shore A Mich. So.—
Kans. Pac.—1st,6s,’95 109
Mich.S. A N.I.—S.fd.,7s 106*3
107*2
1st, 6s, 1896
!08
Clove. A Tol.—Sink. fd.
Den. Div.,6s,as’d,’99 107*3, 108
New bonds, 7s, 1886.. iof>i 109*2
1st consol., 68,1919.
983s
113
Cleve. P. A Ash.—7s
C.Br.U.P.—F.c.,78,’95
Buff. A Erie—New hda. 120
91
At.C.AP.—1st,6sf1905 *90

N.O.&Mob.—Ist,6sl930
95
E. H. A N.—1st,6s, 1919
Win.&St.P.-lst,7s,’87
2d >78,1907
*92
General, 6s, 1930
Pensac’laDiv.—6s, 1920
..^•AMad.-K684905
C-C.C.& Ind’s—1st ,78,8.1.
St. L. Div.—1st, 68,1921 100
ConsoL 7s, 1914
*45
121*2
2d, 3s, 1980
106
106*2 “Nashv. A Dec.—1st, 7s.
^^•M.&O.—Con8ol.,6s
C.StP.&M.-1 et, 6s,1918 113
S. AN. A la.—S.f.,6s,1910
N.Wis-iBt 6s, 1930.. *108
Leban’n-Knox—6s,1931
111
8t-P-&S.C.-ist,6s,1919
Louisv.C.A L.—6s, 1931
*96
99 7f L. Erie AW.—1st, 6s, 1919
97

S^®jAE.Ill.—lst,8.f.,cur.

coupon,

Ask.

T

...

?

105*8

88*2

e.M.4 St.P.—1st, 8s, P.D. *130*2
2d, 7 3-10, P. D. 1898.. 120
1st, 7e, $ g.. R. D., 1902. 125
1st, LaC. Div.. 7s, 1893. 1178b
119
let, I. &M.,7s, 1897.
119
1st, I. &D.,7s, 1899..

1st, C. & M., 78,1903...
Consol. 7s, 1905
Id. 7s, 1884
1st, 7s, I.&D. Ext.,1908
8. W. Div., 1st, 6s, 1909.

80

80

r

‘

Keo. & Des M.—1st, 5s.
Central of N. J.-lst, ’90.
lsteonsol. assented, ’99

7834
78

....

90*8
62*2
0s, ourrency, 1918
Mortgage 6s, 1911...... ibo’ 103
Chicago & Alton—1st. 7 s. *117*2

8inkingfund, Gs, 1903.

10

68, Act Mar. 23, 1869)
non-fundable, 1888.)
Brown consol’n 6s, 1893
Tennessee—6s, old,1892-8
6s, new, 1892-8-1900
6s, new series, 1914
C’mp’mi se,3-4-5-68,1912
Virginia—6s, old
6s, new, 1866
6s, new, 1867
6s, consol, bonds
6s, ex-matured coupon.
6a, consol., 2d series
6s, deferred

Rhode Island-

RAILROAD
Del. & H.—Continued—
Alb. & Susq.—1st, 7s...

7
10

6
6

68,1886

31
31

Carolina—6s, old, J.&J.

12
12

6*2
6*2
6*2
6*2

Do
class 2
Do
toW.N. C. RR.
Do
Western RR...
Do
Wil.C.&Ru.R.
Do
W’n. &TarR.
Consol. 4s, 1910
Small
Ohio-

6s, loan, 1891
6s, loan, 1892
6s, loan, 1893

N.

1808-1898

bonds, J.&J., ’92-8

A.&O
Chatham RR

Now York68, gold, reg., 1887
6e, gold, coup., 1887 —

Bid.

SECURITIES.
South Carolina-

Do

110
113
116
109
109

’87

do

Do

New

Ask.

155
165
130
130
10
10
15
15
6

Funding act, 1866-1900

107
107*2

Funding, 1894-95
Hannibal A St. Jo., ’86.

Bid.

N. Carolina—ContinuedNo. Carolina RR., J.&J.
Do
A.&O
Do coup, off, J.&J.
Do coup, off, A.&O.

66

Missouri—

104

10-203,1900
1899-1900..

Hu

83*3

84

1906

^sB, 5s,

Ask.

BONDS.

74
105

Tol.Del:AB.-Inc.,6s,1910
Dayton Div.—6s, 1910..

Tex.ASt.L.-L.g.,inc.l920

37
71
II
15

THE CHRONICLE.

216

({notations in Boston, Philadelphia and Baltimore.

cal Securities.
Insurance Stock List.

Bank Stock List.

TVOL. XXXVI;.

Ask.

Eid.

SECURITIES.
BOSTON.

Marked thns (*T are Par.
not

National.

America*
Amer. Exchange...

Bowery..

Broadway
Butchers’ A Drov’s
Central

Chase
Chatham
Chemical
Citizens’

City

;...

Commerce
Continental
Corn Exchange*....
East River
Eleventh ward*....
Fifth
Fifth Avenue*
First
Fourth
Fulton
Gallatin

German American*.

German Exchange

Germania* .:
Greenwich*
Hanover

...

Imp. & Traders’....

Irving

Island City*
Leather Manuf’ra’..
Manhattan*
Marine

m

100
100
100
25
25
100
100
25
100
25
100
100
100
100
25
25
100
100
100
100
30
50

75
100
100
25
100
100
60
60

100

Metropolis*
Metropolitan
Murray Hill*
Nassau* .../.

100
100
100
100
100
100
100
70
30
25
50
100

Park...^
People’s*

.....*.

Republic

St. Nicholas*
Seventh Ward
'.
Second..
Shoe * Leather
State of New York*
Third
Tradesmen’s

155

151

129 V
2 *5*6

25

25
17
20
Citizens’
70
City
100
Clinton
50
Commercial
100
Continental
40
Eagle
100
Empire City
30
Exchamre
50
Farm gut
.
17
Firemen’s
10
Firemen’s Trust....
100
Franklin A Kmp..
100
Gerraan-American
60
Germania
60
Globe
25
Greenwich
100
Guardian
15
Hamilton
50
Hanover
50
Hoffman
’.
100
Home
Howard
50
Importers’A Trad’s’ 50
100
Irving..
.1 ftffPJSOTl
30
Kings C’nty (Bkn.). 20
40
Knickerbocker
100
Lamar
Long Isl’d (B’klyn) 50
25
Lorillard
Manufac. A Build..!100
100
Manhattan
25
Mech. & Traders’
Mechanics’ (Bklyn) 50
60
Mercantile
50
Merchants’
Montauk (Bklvn.).. 50
50
Nassan (Bklyn.)
37 V
National

Broadway

......

150

...

1504

-

120

.
.

12*4** i*2*5*

'96*

133
200

265

......

100

115

150

50
50

..

*97
1G6

*5*3*6'*

...

i*2*o**

35
N. Y. Equitable....
100
N. Y. Fire...
100
N. Y. A Boston
100
New York City
50
Niagara
25
North River
25
Paciflo
100
Park
20
Peter Cooper
50
People’s
50
Phenix
60
Relief
100
Republic
25
Rutgers’
50
Standard
100
Star
100
Sterling
25
Stuyvesant
25
Tradesmen’s
25
U nited States
10
Westchester
Williamsburg City. 50
....

135
155

25
20

ie‘6
101

136*
100

-

116

60
100
50
100

Gas and

60
100

...

.

40

Union
United States
Wall Street
West Side*

American
Amer. Exchange

Bowery

“

125
180
136

148

50
100
100
100
100
100
100
100

Par.

COMPANIES.

Brooklyn

25
26

i

Phenix
Produce*

Ask.

Bid.

1§8
100

Market
Mechanics’
Mechanics’* Trade
Mercantile.
Merchants’
Merchants’ Exch...

Net* York
N. Y. Nat. Exch....
Ninth.
North America*....
North River*
Oriental*
Pacific*

PRICE.

PRICE.

COMPANIES.

iso'
105

Ask.

Bid.

[145

150
110
170
180
173
160
117
125
97
240
220
80
100
125
80
95
120
195
143
120
280

105
160
174
160
140
110
120
90
230
2 iO
70
85
117
70

85
115
180
135
110

250

G5
117
140

GO

110
134
70
140
70
75
60
130

80
146
78
80
70
135
210
80
75

.

180
75
70
110
53
107
4
120
130
00
100
105
140
90
145
70

112V
60
113
10
130
140
70
110
110
150
95
150
80
10
65

5
60
150
103
160
110

160

108
170
118
165

158
108

116
145
60
85
140
105
74
60
126
70
135

140
55

75
120
100
70
50
120
65
128
120
220

126

260

City Railroad Stocks and Bonds.

Par.

Brooklyn Gas-Light
Citizens’ Gas-L. (Bklyn.)
Jersey City A Hoboken..
Manhattan

Metropolitan

Bonus
Mutual (N. Y.)
Bonds
Nassau (Bklyn.)

J*.

Scrip
New York

People’s (Bklyn.)

m

Bonds
Bonds
Central of New York

Williamsburg
Bonds

Metropolitan (Bklyn.)...
Municipal
Bonds
Fulton Municipal

Amount.

Period

Rate

Date.

*

$
pc.
2,000,000 Var’a 5 Nov.,

20

1.200,000

60
20
50
100
500
100

Var’s

315,000! A. & O.
1.850,000 F. A A
750,000!J. A J.
4,000,000 J. A J.
2,500,000 M.A 8.
! 750,000 F. A A.

3
3
3

Jan.,

V Oct.,

|Aug.,

7V Jam,
5 (Dec.,
8
Feb.,
3

Bid.

Ask.

’82 114

116
’83 73 V
77
110
’82 105
100
’82 98
’83 155
160

900,000
694,000
1,000
100 2,100,000
Br’dway A 7th Av.—St'k.
1st mort
1,000 1,500,000
10 2,000,000
Brooklyn City—Stock
1st mort
300,000
1,000
100
200,000
Br’dway <Bkln.l—Stock.
100
400,000
Bklyn. Crosstown—Stock
1st mort. bonds
300,000
1,000
100
Bushw’kAv. (Bklnl—Si’k
600,000
100 1,800,000
Cent.Pk.N. A E. Riv.-Stk
Consol, mort. bonds

1,000 1,200,000
100

J. A J.
J. A J.

105
115
103
62
90
124
50
105
87
80
60
100
80
180
106
70-

110
116
105

57
95
125
55
198
92
r 90
70
105
82
i 183
110
75

5fC
’83
4 Jan.,

M.AN.

a—ej

Q.-J.
Q.—J.

J. A J.

Q.-J.
J. AD.
F. A A.
J. A J.

650,000
Bonds
:..
250,000
1,000
100 1,200,000 Q.-F.
DryDk.E.B.A Bat’y—Stk
1st mort., consol
600AC.
900,000 J. A D.
100
1,000,000 Q.-J.
Eighth Av.—Stock

Christ’ph’rAlOth St-Stk

42d A Grind St.F’ry-Stk

1,000

1st mort

Central Cross!own—Stk.

Honst.W.St.AP.F’y—Stk
Is* mort
Av

100

1,000

1st mort

flAMtut

100

S trtr.tr

100
500
100

III

1,000

144
102
210

Jan.,
’83
Jam,
’83
1888
Jam,
’83
Jan.,
’83
Dec., 1902

106

112

26*

’931115

117

’84'100

IK)

Nov.,1904 103

7
5
7
4

250,000 M.AN. 7

Jam,

’83:250

’82 250
April, ’93 110
.......

July,

....

’94

78

’93

103

80
110
175
103
106
125
240
110

.Inn,p
'83
April, *85
Nov., ’88
Sept., ’83
Nov., ’82
July, ’90
Feb., ’82 270
July, ’90 110
Feb., ’83 155

May,

115
82 V

113

115
181
108
250

113
.

.

113
162
114

of maturity of bonds.

79 V
175 V
GO

96
154
160

Boston A Providence....

i55V
_

Cheshire, preferred

Chic. A West Michigan..
Cinn. Sandusky A Clove.
Concord
Connecticut ttiver

•

t* *,

«,

„

-

ioi

101V
.

90
45

Eastern, Mass
Eastern, New Ilampsh..
Fitchburg
Flint A Pere Marquette.

......

24*2
98

Preferred
Fort Scott A Gulf—Pref.
Common
Iowa Falls A Sioux City.
Little Rock A Ft. Smith.
M aine Central
Manchester A Lawrence

reg.

Cons., 6s, reg., 1905 —
Cons., Gs, coup., 1905...
Cons., 5s. rog., 1919
Pa. A N. Y. C.—7s, 1896.

88

125

:

7,1906

112V
150
45 V

...

111

Northern of N. Hampsh.
Norwich A Wrtro^at^r

9* V
121

i*12'*4
119
16

Rutland—Preferred
Revere Beach A Lynn
Tol. Cinn. A St. Louis
Verm't A Massachusetts
Worcester A Nashua
Wisconsin Central
Preferred

135

iiev
17

......

......

3V

3:*4
130

......

......

68*4
19 V
26

19

PHILADELPHIA.
STOCKS, t

Buffalo Plttsb. & West’n

50

2d, 7s, coup.,
Cons., 7s, reg., i911 —
Cons., 78, coup., 19 !1..
Cons., 6a, g., I.R.C.1911
Imp., 6s, g., coup., 1897
Gen., 6s, g., coup., 1908
Gen., 7s, coup., 1908—

1896
5s, 1st aer.,c.,1922
5s, 2d ser.,c., 1933

Income, 7a, coup.,

Cons.
Cons.
Clonv. AdJ. Scrip, '85-88
Debenture coup., 18931
Deb. coup, off, 1893

Sunbury A Erie—1st, 7s.
Sunb. Haz. A

W.—1st, 6s

2d, Gs, 1938

Syr.Gen.A Corn.—1st, 7s.

Texas A

Pacific—1 Rt,6s,g,

Rio Gr.Div.—1930
Cons, 68, gold, 1905 ....
Inc. A L. Gri., 7a, .1915
Union A Titusv.—1st, 7s.
United N. J.—Cons.6s,’94
Warren A F.—1st, 7s, ’96
West Chester—Cons. 7s..
West Jersey—Gs, deb. cp.

1st, 6s, coup., 1896
1st, 7s. 1899..
1909
W.JerseyA Atl.—1 st,6a,C.
Western Penn.—Gs, coup.
Gs, P. B., 1896
Gen.. 7s. conn.. 1901
CANAL BONDS.

135

Del.—lst,0a,l88C

Lehigh Nav.—6s,reg..'84

Mort. RR„ reg., 1897 .
Cons., 7s, reg., 1911 ...
Greenw’a Tr., 7s, reg..
Morris—Boat Loan rg.,’85

Pennsvlv.—Gs,

27

64
60

G3

53V

54*

Norfolk A West’n—Coi

1910..

RATLR’D STOCKS. Par
Baltimore A Ohio
100
1st pref
2<l pref—

121

125

iasS

......

112

'96 V
102

1102

94*2

8334! 85
67

07«4
87

10S

*75*
62

78
00

934 93*4
120

121

93*4 93^4
122

'88*' 95'
28

30

i'od'* 108*"
79 V

94 V

90

94

ii’o'v Viiv
118

iis
122

110

nuv

lUo

100

85
102** 103
116
il8*t
118
87
107
89*4 89 4
85

106

50

Northern Central—..60
Western Maryland ....60

Pennsylvania

Pennsylvania

105V 107

25-V

25 V

61V
*

*

4*6*

60
Central Ohio—Com
Pittsburg A Connellaville
RAILROAD

Atlanta A
Inc...

BONDS.

Chari.—1st...,

125
74
54*2
12
50

51

1064 107
76

Balt.AOhio—6s,’85, A. AO 1044 101*2
ColumbiaA Greeny.—lsts 101*4
2ds

N.W.Va.—3d,

------

guar.,JAJ.

Pittsb. ACon’ells.—7sJ AJ

191*2 No.Central—6s, ’85, J. AJ.
Gs, 1900, A. A O
6s, gold, 1900, J. A J....
Con. Ohio.—6s, 1st,M.AS;
W.Md.—6s, 1st, g., J. A J38 V 39
1st, 1890, J. A J
Lehigh Navigation
2d, guar., J. A J
Pennsylvania
2d, pref
---Schuylkill Navigation...
13
Preferred
2d, guar. byW.Co.,J. AJ.
,13
RAILROAD BONDS.
6s, 3d, guar., J.&J..Mar.ACin.-7s,
’91.F.&A<
122*2
124*2
Allegh. Val.—7 310s, ’96
120
2d
MAN
7s, E. oxt., 1910
45
47*
Inc. 7s. end., coup., ’94
8s, 3d, J. A J............
121*2 Richra. A Danv.—Gold, 6s
Belvid’e Del.—1st ,6s, 1902 120
104
Union RR.-1st, gua.JAJ
2d, 6s, 1885
Canton endorsed
105*2
3d. 6s, 1887
Buff. N.O.A Phil.—1st,6a
Virginia A Tenm—6s
2d, 7s, 190S
Wil. A Weldon—Gold, 7s.
Cons. Gs. 1921...:
Wilm. O. A Ang.—Gs. .....
lst,Tr. (>, 1922
190

.....

t Per share.

199
129

Parkersburg Br

Preferred
Northern Central

38

123

119*2
'121
1126

BALTIMORE.

58 V

Nesquehoniug Valley.

cp.,

Sohuvlk. Nar.—1 st,6s,rg.
2d, 6s, reg., 1907....

12

'

119
100

—

Ches. A

Huntingd’n A Broad Top*
Pref oned
j
Lehigh Valley
1

1194120

••••••

Cons. 6s,

Preferred
Camden A Atlantic
"...
Preferred
Caiawissa
1st preferred
2d preferred
Delaware* Bound Brook
East Pennsylvania
Elmira A Williamsport..
Preferred
nar. P. Mt. Joy & Lanc'r

126
125

102V...
AErie—2d.7s,cp ,’88 112 |U2V
111V
Cons., 6s, 1920
Cons., 5s, 1920
Phila. Newt. A N.Y.—1st
121
Phil. A R.—dst, 6s, 1910..

Scrip, 1882
Conv., 7s, R. C., 1893..$
Conv. 7s, coup. off. 1893
Conv. 7s, cp.off, Jan.,’85
Phil.Wil.A Balt.—4s,tr.ct
61^# Pit ts.Cim ASt.L.—7 s, reg
Pitts. Titus. A B.—7s.cn.
Rich. A Dam—Cons.int.6s
ShamokinV. A Potts.—7s

160

Portland Saco A Portsm.
Pullman Palace Car

125
123

Phil

34

165
61

q. Hought’n A Onton.
Preferred
Nashua A Lowell
N. Y. A New England

101*2

Perklomen-r-1 st, 6a,cp.’87

'85*2
32

a?

Ex-dividend.

112*a

1893—*. i*20

60
57
23

103V

Conn. A Passumpsie
Cennotton Valley

*

*87"

_

,

79
175

Boston & Maine

Philadelphia A Erie

ioo'*

•

’li5* "1214

STOCKS.
Atchison A Topeka
Boston A Albany
Boston Clinton A Fitchb.
Boston & Lowell

112

’83250

•

Main line

105

150
143*2 145V
118
115
112
’83 108

•

—

Pliila. Ger. & Norristown
Phila. Newtown & N.Y..
Pliila. & Reading
Phila. & Trenton
Phila. Wllm. A Balt
Pittsb. Cin.A St. L.—Cora.
St. PaulA Duluth—Com.
Preferred
United N. J. Companies..
West Chester—Cons. pref.
West Jersey
West Jersey A Atlantic..
CANAL STOCKS.

d

•

Dayton Division

200

236,000 A. AO. 7
600,000
200,000 M.AN. 7
250,000
500,000 J. A J. 7

5

L—lat, 6s.

190
150

June,
Nov.,

7

146

1*07*4

Hamsbg—1st, Gs, 1883..
H AB.T —1st, 7a, g., 1890
Cons 5s, 1895

— Gen., 6s,
i'0'4* Pennsylv
Gen 6s, cp., 1910

103

North

*-'03,000 J, A J. 7
748,000 M.AN. 6

7

96

Rutland—6s, 1st
Sonora—7s

103
21G
110

Feb.,
June,

1,199,500 J. A J. 5

112

107

102

2*2 Fe!».,
7
1898

cpluinn shows last dividend on stoefes, but date




'Jam,

4
7
3

3d
1,000
Consol, conv
1,000 1,050,000 M.AN.
600Ac.
200,000 M.A8.
Extension
100
750,000 M.AN.
Sixth Av.—Stock
500,000 E- A J.
1st uiui'lb
1,000
..............
100 2.000,000 Q.—F.
Third Av.—Stock
1st mart
1.000 2,000,000 J. A J.
100
600,000 F. A A.
Twenty-third St.—Stock.
nils

7
6
6
7
G
G
7

150,000 A. AO. 7

mort«.

1 st mort

7
2
7

26

121

124* m"

,

Income
Old Colony—7s
Gs
Pueblo A Ark. Val.—7s..

Preferred

ii*8*

......

Little Schuylkill
Mineliill A sch. Haven...'
24

60
109 V
112 “a

_

Ogdensb.A L.Ch.—Con Gs

RAILROAD

|

.....

***

Central—Gs

Allegheny Valley

119

rthaea&Ath.—1st, srld ,7s
Junction—1st, 6s, 1882...
i*04 v
110
2d, Gs, 1900
I.eh.V—lst,6s,C.AR.,’98 121*2
"9'o'
133
2d, 7s, reg., 1910
20
Cons. 8s, C.A R., 1923.. 12,1
72
87
N. O. Pac.—1st; Gs, 1920.
105 V 106
No. Penn.—1st, 6s, cp.,’85 103*2
114 7t
120
2d, 7s, cp. 1896
113
Gen., 7s, reg., 1903
12*5
Gen., 7s, cp 1903
45'
Debenture 6s, reg
: 104
Norfolk A West.—Gen.,68 101*4
Oil City A Chic.—1st, Gs..
113
Lia^s Oil Creek—1st, 6s, coup.. *10*4*

Mexican Central—7a
N. Y.A N. England-63..
Vs..
N. Mexico A So. Pac.—7s

M

i07V

100

6s, perpetual

il2

120

Easton&Amb’jr—5s, 1920 i*o*5*
El AWmsp’t-l st,6s, 1910 115

31

K. City Lawr. A So,—5s..
K. City St. Jo. & C. B.—7s
little R. A Ft. H.—78, 1st

T. Cinn. A St.
Income

82

82*4
34

California Sou'hern—Gs..
East’rn, Mass—4 Va. new
Fort ^cott & Gulf—7s
Hartford & Erie—7s

M ass.

104

*

j

Conn. A Passumpsie—7s.
Connotton Valley—Gs
5s

192

July, 1900
’83
J. AD.
June, ’84
Q.—F. 3*2 Feb., ’83
Q.-J.

Nebraska, 4s.

253

1

100

116
113
103

Ex.

Chio,Burl.A Q.—D.Ex

’83 188

[Quotations by H. L. Grant, Broker, 145 Broadway.]
Bl’cker St. A Fult.F.—Stk
1st mort

6s
Boston A Providence—7s
Bnrl. A Mo.—Ld. gr.t7s.

113

119

102

Cam. & Burl. Co.—6s. ’97.
C’atawissa—l st, 7 s, con. c.
Chat. M., 10s, 1888:....
New 7s, rog. cfc coup....
Charters V.—1st, 7s, 1901
Connect’g 6s, cp., 1900-04
Delaware - Gs, nr. A op ,V
Del & Bound Br —1st, 7s
East Penn.—1st, 7s, 1888

—

6s
Boston A Lowell—7s

Nebraska, Gs
Nebraska, Gs

112

,7s,g.,’93

2d, 6s, 1904
Cons., 6 p. c

lncomo
Boston A Maine—7a
Boston & Albany—7s

Aak.

Ambov—Gs, c.,’89 105

Mort., 6s, 1889
Cam. cfc A tl.—1st

...

’82; 24 5

’83
3,500,000 Quar. 2 V Jam,
198 2
1,000 1,500,000 M.AN. 6
3
25 1,000,000 Var’s
Sept., ’82
Var’s
700,000 M.AN. 3 V Nov., ’82
100 4,000,000 M.AN. 5
Nov., ’82
’76
10 1,000,000 J. A J. 3 V J an.,
375.000 M.AN. 3 V Nov., ’82
1,000
’82
125,000 Var’s 3
Oct.,
Var’a
60
Aug., ’82
466,000 F. A A. 3
50 1,000,000 Quar.
IV Fob., ’82
1,000 1.000,000 A. AO. 3 iOct.f ’82
’83
100 1.000,000; M.AN. 3
Tan.,
’83
5
Feb.,
100 3,000,000
1888
750,000 M.AN. 6
ioo 1,500,000

Cam. A

113*2

...

23

1,000

Bonds..
Harlem

Bid.

Buff.Pitts.cfc W.—Gen ,fis

121

Atch. A Topeka— 1st,. 7s.
Land grant, 7s
Atlantic A Pacific—Cs

Ogdensb. A L. Champlain
Old Colony

[Gas Quotations by Prentiss & Staples, Brokers, 11 Wall Street.]
GA8 COMPANIES-

SECURITIES.

[Prices by E. 8. Bailey, 7 Pine St.]

t In default.

75*2 76

12lk

1*23*

103*4 104*2

114*2 115 >
1144 .«««••
110*2 Ill ’

113*2

110

132

115

133*"

1034 1034
534 54*2
.•••«•

ii7*i

118
1084 110
1014
1004
124% 125

12°1
110 *110 *2-

LEx-rifM**

THE CHRONICLE.

24, 1883.]

February

RAILROAD EARNINGS,
rj^0 latest railroad earnings and the totals from Jan. 1 to
latest date are given below. The statement includes the gross
namings 6t all railroads from which returns can be obtained.
The columns under the heading “January 1 to latest date” fur¬
nish the gross earnings from January 1 to, ahd including,

KL.RCFt8
the

Roads.

Wed:

or

Earnings Reported.

Mo

Bur.Ced.R.&^o.
Cont.Br.Un.Pac.
Ceitral of Ga...
Central Iowa....
Central PacificCharl.Col.&Aug.
Cliesap. & OliiO.
Chicnjro & Allan
OliJo^A East. Ill.
Cbio.AGr.TnmK
Ohio. Mil. & 81. P.
Ohio. A Northw.
CbBt.P-Mln.&0.
Chic. AW. Mi oh.
CSn.Ind.St.L.AC.
(Hev.AkronA Col
Oolumb.AGreen.
Col, Hock. V.&T.

id wk Feb.
2d wk Feb.

January...
January...
January..
2d wk Feb.

January...

1883

1881

18S3.

tl9,700
244,142

Wk.Feb.lO

38,843
329,000
305,000

2d wk Feb.
2d wk Feb.
2d wk Feb.
4th wk Jan

January...

January...

2d wk Feb.
2d wkF*.b.
2d wk Jan.
2d wk Feb.
2 Wks Feb.
2 wks Feb.
Long; Islaud.... 2d wk Feb.
Louisy.ANfisliv 2d wk Feb.
Memp. A Chari. January...
Mexican Cent.. January...
Do No.Dlv 4th wk Jan
Mexican Nat’!.. January...
Mil.L.Sh.A West 2d wk Feb
Mo. Kan. A Tex. 2d wk Feb.
Missouri Paci He. 2d wk Feb.
Mobile A Ohio.. January...

Na8li.Ch.ASt.I.§ January...

tl9.769

54,749

111,100
28,100
4,379

BtL.ASan Fran.
Bt. Paul A Dui..
8t. P. Minn.A M.
Scioto Valley...
Texas A Pacific
Tol. Cin. & St. L
Union Pacific...

Vicksb’rgA

Mer.

Midland.,..

Wab.flt.L.A Pac.
West No. Car..
Wisoonsin Cent;
^

1,718,000
106,868

li2,538
28,710

13.163

15,718

41,979
6,500

40,650

858,775

] 94,242

213,503

1,944,700
427,500
96,695

191,826
51,532
109.233
320,954

*

•

67,432
183,811

18.340

73.579

17,795
92,916
113,914
159,676
170,753
213,841
65,579
67,200
16,409

102,374
16,911
7.327

49,367
199,890

1,627,550
112,996
145,688
15,617
54.387
94,609
783,048
1,016,940

2d wk Feb.
2d wk Feb
2d wk Feb.
1st wk Feb
2d wk Feb.
2d wk Feb.
2d wk Feb.
2d wk Feb.

2d\skFeb.
2d wk Feb.

January...

9 days Feb

January...

2d wkFeb.
2d wk Feb.
2d wk Feb.
i st

wk Jan

Latest

107.263
46,39.)

54,262

393,389
100,210
1,503,075
948,391

943.391

951,219

t74.800
29.719

t67,200

401,657

25.538

179,094

18,180

407,128
158,304

101,190
36,815

98.627
40.757

928,123

741,897

391,095

383.031
92,693
625,944

309,030
t5,922

16,812
8,305
135,895
62,630
13,550
115,921
9,123
81.855
69,433
597,000
47,309
tl 1,073
334,000
t2,548

21.896

15.926

6.440

141,058
59,309
16,231
91,402
4,863

103,459
80,002
430,000
51.13s
116.300

1882.

101,426
671,*297
52,038
727,967

80,002
2,162,000

53,803
457,678
69,433
2,560,000

51.138

47.309

128,764

94,687

29,755

17,035

21 896

15.926

Jan. 1 to LcUes t Date.

1881.

1.882.

1881.

$
$
$
$
S.Fe; November. 1,331,470 1,303,385 13,296.823
11,125,756

jhdf.Pittab&W.^ December.
Ohio.

Bur.&Q., November.

Wncinnati8outb December
Oonnotton Val.. December,
haabury A Nor. Deoember.

Hou8.ATex.Ceu December.
Dnnsa, A
Mo. R. November.

SJ^'^pogb.A O.

December.

57.305

5o,53o
767,435
598,968
2,199,421 1,816,133 19,523.744 19,270,965
208,814
236,599 2,543,356
20,612
12,724
’i 5,190
430,182
376,877 3,175,389 3,748*655
59,102
499.022
42,041
446,702
23,000
19,000 1,197,426
903,519
147,761
126,594

Louis December,
West. Deoember. 1,691,404 1,571,208

w

SSfen.Cent.. December.

490,003

476,623.

November,

348,438
112,000

355,622

rwL41?1?8*—
* Gal...

December.

wegonlmp. CoJDeoember.

SSK1va,lia
ritS!6^Ib&Erie

fti^fb-AL-C.

December..
?altp^0,Una1
November,
go.

5,800,176

5,443,700

—

Div... November.

November.
November.

Wwittfhtral...
December.
west
Jersey
December :

335,512
24,584

282,772
19,489

4,011,413
241.132

149,010]

126,061

198,105

1,313,746

1,245,285

98,037

3,454,309

£346,923
£-09,176
£54.845

117,245
72,931

........

156,742

1,508 660

J-.

Commerce

800,000
5,000.000
5.000.000

Broadway

1.000.000

.

Mercantile

Hanover

Irving
Metropolitan

8.537.200
1.546.700
2.967,000
8.1.8.900

Exchange..

Continental
Oriental

2.403.800
2.157.5)0

2,426 300
2.605.70G
4.458.300
6,vS4,100
2.129.000

800.000
400.00C

Marine

Importers’ A Tr..

2.000.000
500.00C
240.000

Fourth National.
Central Nat

3.200.000
2.000.000

...

250.600

Second Nation’l
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..

l.OOO.OOC
300.000
250.000
200.000

N. York County..
Qerm’n Amerlc’n
Chase National..
Fifth Avenue....
German Exch.
Germania
U. 8. Nat
Lincoln Nat

751.000
3X1,000
100,000
200,000
200,000
500,000
800,000

..

1,103,S79

938,326

5.644.100
3.805.100
277,400
20,000
76.500
4,552 300
469.000

261.OX

1.703.70C,

50,000

1.607.800
4.781.200

115.200

1.142,000

1.470.900

210.300

returns of

Deo.

Legal tenders

“

•

L. Tenders.

S

S

...310.400,800

12..
19..

Specie.

“

270.000

1,321,30)
45,000
223.500

539,990
297.000
90.000
578.200
44 900

6,850,300
10,160.000
6,234400

267.000

225,000
180,000

45,000

1.779,50)
444.000
45,000

151.008,600
150,821.200
151,811,000

follows:1

are as

Deo.
Ino.

...

$397,700
79,309

Deposits.

Circulation. Agg. Clear.
16,045.200 '533,749330
1A403.7OO 857,489345
10,513,000 734,428,918

0,011,800
5.932,300

a

of the Boston banks.

Deposits.* Circulation. Ago. Clear.

*

7,425,«00

f

310,712,700

L. Tenders.

%

S

$

5,263,900
4,883.000

*

94,688,700
03,099,200
92,413,900

3.948,700

*

29,708.500

*

68.953,173
70.681.277
77,042,274

29,911.300

29,887,200

to other banks.”

the

follows:

12
19

»••••»

307,182,200
311,110,400

Philadelphia Banks.—The totals of

••

4.609

450,000

7.019.000
3.960.000

5.101.200
1.001.4X)

Banks.—Following
are the totals
Loans.

1883.
Feb. 5

i’O.OOO

17.814.700

185.800
143.400
160,000

S

01,605.200 23.030,400
*,200 62,402.500 21,794,800
2,100 59,999,300 2L,3i3,700
—

Including the item “ due

are as

431,099

22.291.700

Circulation

441,100 l

Specie.

0

1883.
Feb. 5..

265,990
>

the totals for three weeks:

are

Loans.

Boston

1&0.000
434.700
2.250.000

2 581.400
2,470 800
2.4)4.700
1.970 500
2,920 4.x.
3.2U8.H00
0.731.900
2.C08.000
4.053.000

1.127.200
1.895.500
1.905.500
2.207.200
6 398,000
2.080.3 0
1.828.000

Net deposits

2.403,200

Deo.

following

3

45,000
5,400

10.183,000

609. IOC
71.360
483.400
157.20G
107 000

previous week

Loans and discounts .....Inc. $ l,860,900
|

Specie

1883.

600.000

900,000

60.962,700 323,352,100 59,999.301) 21.853.700 810.712.700 16.54&0OO

The deviations from

The

0.223,600
2.311.600
3.071.400
3 9)1 800
1,759 4(X
2.798.500
8.991.100
3.551.900

278,100

319.900

925 390
6CO.OOO

4.3)0.700

336.000
433.500
406 900
709,910
111.60C

949.800
172.500

1,410 5 )0

8.583.100

1.307.000

215,000
29.700

21,300

9,471 000

1,029.000
1,542,000
1,023,000

3,509,900

5.264.300
2,033,800

2.310.100

140.400
230.000
136.100
620.100

673.000

788,200
234,400

1.333 800
4.165 400

1,422,000

1.If 5.500

2.589.100

128.000
2,000
529,900

281.700

00 OOO

82.8 6.90t

.

16.713.200
7,285,000
3,367,000
6.357.100
15.315.200
5.872.200
1,432,2 0
2,014,200
1.754.100

800,000
750,000
500.000

Bowery National

89.3 ’0
660.000

1.2:-5.600

930.O0C

83.400
215.000
134.000
195.400
887.100
237.000
578.100

1,3)7.400

3,371,000
19,612,000
18,743.000
1.582.900
1,587,000

1,500.000

Park
Wall St. Nation’l
North River.
Bast River

101,000

348.300
936,000
265.500
336.300
94,600

196.100
417.8*:
101.100
517.000
t©6 3D0

2.877.900

779.101

124 500

2.048.6 >0
1.278 700
12.707 8 X)
3 114.80()
2.241 10O
1,015.500

159.400

1.739.100
633.300
2.047.001)
348.800

3.520.400
12,711.000

1,100

267,600

lO.322.800

245.200
149.200
126.100
7-5.000
603.200
285.900
714.800
100.300
205.500
183.000
99.500
200,000
693.200

1,141,000
850.500
211.400
062,100
817.000
125.800
112.000

2.323.700
6,090.300

500.000

Shoe A Leather..

Corn

268,700
160.000
19.500
409.500
239.800
373.100

5.312.900

3,000.000
600,000
500,000
500,000
500.00C
500.000
1,000.000
1.000.000

Citizens’
Nassau...:
Market
3t. Nicholas

1.741,3-30

6.434.900

1.000,000

....

441 600

1,129,000
4.589.400
12,018,000 2,456,000
14.927.100 2,190,000

460.000
200.000
700.000

People’s

North America..

381.500

4,271 9<)C

859.8)0

2.201,000

424.000
93,800
96 000
450.900
340.500
122.200

402.500

3,020,006

1,500.000

Chatham

453.500
81.000

4,-.-91,800

1.000,000

422.700

Republic

773.800
438,000

b2 4,000

1,000.000

Pacific

717.800

t

495,000

5,524.COO
5,-JiO 2'JO
0.471.(.06
3.618.000
6.918.600

539,000
743,000
3!4.v:00

9 ;o o-ou

3,554 300

600,000
800.000

Loans.
*

L. Tenders.
*

74,72'U573

20,190.710

75,342.721
75.5d5,19J

19,100,381

19.417.44 )

Deposits.

Philadelphia banks
Circulation.

»

08.125,762
00.491.914

60,865,037

Agg. Clear.

*

*

9.719.541
95 57.010

54.893.060
50.691.150
51,392,180

*

0,731,891

Unlisted Securities.— Following are quoted at 33 New Street:
Am. Back Note Co
Atl. A Pac.—6s, 1st
Blocks
Cent. Branch

Bid. Asked.
86

102

Bost.H.&E.—Ncwst’k

B’klyn El.— Ass’t paid
Sorip stock
do

9

1st mort
do
Buff. N. Y. A Ph
31
Preferred
48
1st mort
9t>
Cal. A Chi. Ca’l A Dk
Cent. & So. Am. Te!... 90
Ohio & Atl.—1st mort. 15
Chic. &Can .South

51

964
102 "

North Pac. div. bonds.
No. RIv. Const.—90p.o
Ohio C.-Riv. Div. 1st.
Incomes...
Istmort

$10,000 Blocks

Lehigh A Wilkeab. Co.
Mexican. Nat.
6%
Preferred
28
1st mort
49%
•

64

90

9

73“
84%
89%

105

64%
13%
68

91%

ex¬

bonds A stock

•

111%
89%
104

31%
75%

Sobs. 80 p. c
Subs, ex-bd. A stk

3

•

70
25

Oregon Sh. Line-

A Internal, scrip

Subsidy scrip

Preferred
Istmort..
N.Y.A Gr L. -1st inc.

13%
Oregon Improvem’t... 86

m

Ind. Dec. A 8pringf...
1st mort. fund
Mex. Or. Interocan’o

N.Y. W.Sh.ABuff.—Stk
del.wh.is8.on old sub 23*2
5s
75
Subs. O. A W.. 85 p.o
N.Y. A Scranton cons.,
100 p.c,ex-b. A st’ek
N.Y.Sus. A West.—Stk
5

Guar. 1st

52

Denver & N. Orleans
Den.A R.G.R’y—Cons. 85
Denver ARio. Gr.West 21
Istmort
70*3
Edison Elec. Light—450

R’y., 1st

2

20

N.Y.L.AW.—5p.c.g.stk 84%

Contin’t’lCon8.-85 p.o

Ga. Pac.

Bid. Asked.
N. J. AN. Y...
Pref
1st mort

N.Y.ChicASt.L. equip

%
3s

Old

•

....

Mich. AO.—Subs.55 p.o
M.U.St’kTrust Certs.. 16%
M. K. A. T. ino sorip.
Newb. D’tch A Conn..
Pref..
Incomes
15 '
....

h* Central Pacific
earnings.
IT Northern Division.
oil
&
goad
freightearnings only. Chicago
$ All lines
Hue included.




...

1,055.100

3.186.100

*
9 3-5,006

530,000
308,000

1.517.800
410.800
12.841.200 3,'69,400

Gal. Har. AS. Ant.:.. 32

271.209
December. 4,157.169 3,731,751 49,079.826 44,124,178

December.
November.

Mechanics’ A Tr.
Greenwich..
Leather Man’f’rs
Seventh Ward...
3tate of N. York.
American Exch

874,009

8 03 0100

300.000
1.0C0.000
1.000.000
300,000
200,00C
200,000

Butchers’&Drov.

-

051,219

Earnings Reported

WeekorMo

99.523

580,674
785,813
159,676
170,753
213,841

379,769

1,608,775

170.32459

Tradesmen's

053,000
0,745.100
7,563.000
4,4^2,100
0,678,300

2,717,000

1.000,000
1,000, <00
COO,000

Fulton
Chemical
Merch’nts’ Excb.
Gallatin Nation’]

1,870.000

Circula¬
tion.

other

than U. S.

S

9,843,000
7

Net dep'ts

Legal
Tenders.

Specie.
*

2,000.000
1,200,000
S.0C0.000
l.OOOJ 00

Phoenix

Total

92,493

January... 1,608,775 1,503,075
January...

33,918
180,375
1,447,659
101,115

573,6*40
71.699

Roads.

i

Loans and
discounts.

2,000,000
2.050,000
2.000,000

City

Feb.

378,600

:

184,331
55,953

197,388
258,266

13,896

11.626

201,943
18,286
588,261
158,483
272,709
296,400
332,018
60,301

216,608

6,679
393,389

2d wk Feb.

28,710
71,934

1,380.135
40,584
122,845

28,087
26,821
30.411

367,140

249,050

34.800

243,000
101,115

r.

269,081
25,000

58,396'

243,325
112,996
145,688
3,950
51,387
15,318
117,837
157,316
216,608
197,388

n

24,626

66,234

71.581

11.318

m

224,625

531,262
119,948
407,410
351,774
472,942

35.457

*

245,282

32,469
193,915
270,203
24,848

31,670
18.20S
13,960

sv-<m m

481,540
47,330

7,317
21,909
38,171

46,467

308,654
786,500
112,839
120,550

5,496
31,900
47,353
24,818
531,262
119,948
407,410
52,197

272,709

2,396,030
483,700
106,129
218,599
48,085
99,452

14,455
106,655
75,992

1,568,958

158.483

2,148,999

28,100

289,151

588,261

185,939

733,900

313,016

18,286

87,672
208,746

244,142
914,898
1,902.000

;

*

93.031

1,829,469

273,755

'8,939

245.282
159.299
47,330

378,600

Bt.L.IrouMt.AS.

156,925

39,447

24,455
224,625

60,574
375,879
93,237
332,786

311,200
77,309

*

34,460
10,7s6

OregonR.AN.Co January,..

8t.Louis A Cairo

32,250
37,353
361.820
373,700
82,700
36,372
218,599
7,594
tl4,969
43,632
99,900

78,600
29,160
191,826
8,011

258.266
78,873

Peo. Dec. A Eve.
Pliila. A Read..
Do C. A Iron
Blohm.A Danv..
8t. LAlt. A T.H.
Do (brclis.)

114,580
208,746
144,350

29,045

H. Y.AN. Eugl’d | January...
Norfolk A West i wks Feb.
Northern Pacific 2d wk Feb.
Ohio Central.... 1st wk Feb
Ohio Southern.. 2d wk Feb.

T
t

Capital.

Union
America

$

84,131
232,650

60.516
14.317

25,998

1882.

$

60,574

31,1,200 332,786
7*7,309
03,031
1,718,000 1,829.469
148.211

Hous.E.&W.Tex January...
nUnois Cen .(Ill.) January...
Do
(Iowa) January...

Do 8o. Dir.
Ind.Bloom.A W
Int. AGt.Nortb.
AGuif
LErie A West’ll
AFt.8mitli
LRk.M.Riv.&T

84,131
50,286

2d wk Feb
2d wk Feb.

2d wk Feb.
2d wk Feb.
2d wkFeb.
Denr. A Rio Gr. 3d wk Feb.
Deny. A R.Gr.W. January...
Dm Mo.A Ft. D. 3d wk Jan.
DetLan. A No‘. 4tli wk Jan
Dal). A Sioux C. 1st wk Feb
Eastern
January...
RTenn.Va.AGa. 2 wks Feb.
Ells. Lex. A B.S January...
Evansv. AT. H. 1st wk Feb
Flint A P. Marq. 2d wk Feb.
FtW. A Denver. 4th wk Jan
Grand Trunk.... Wk.Feb.3..
Gr.BayW.ASt.P. 2d wk Feb.
Gulf Col ASan.Fe 1st wk Feb
Hannibal A St. Jc 2d wk Feb.

nrv

Average amount of—

Banks.

New York
Manhattan Co...
Merchants
Mechanics’.

Jan. 1 to Latest Date.

$

Ala.Gt.Soutliem January.,

Va.

City Banks.—The following statement shows the
condition of the Associated Banks of New
York City for the
week ending at the commencement of
business on Feb. IT:

period mentioned in the second column.
Latest

1.(

New York

217

812
....

10%
33

49%
...»

100
20

....

....

....

....

....

....

45

Or.Yrans-C.-8b. 80p.c
Pensac. A Atl.—1st

80

Pitts. A Western
Istmort
Rich.AD.Ext. subs.70* 40
Roch.APitts. cons.,1st
8t. Jo. A West
Tex. ACoI.Imp.—ex-bd 10
Tex.ASt.lst.M AA.Div*.
Tol. Cin. A St. Louis..
7
C. 8. Elec. Light
130

Yioksb’g A Meridian..
Istmort...

22

81%
56

90
13

14
9
....

2%
94

\

....

95%

CHRONICLE,

THE

218

JfOL. XXXVI.

Earnings—
Freight
Mail, express,

^uuesttwjents
AND

STATE* CITY

AND CORPORATION

FINANCES.

Supplement contains a complete exhibit
fhinded Debt of States and Cities and of the Stocks and
The Investors’

Total gross earns.

of the
Bonds

the las

of Railroads and other Companies. It is published on
Saturday of every ether month—viz., February, April, June,
August, October and December, and is furnished without extra
charge to all regular subscribers of the Chronicle. Single
are sold at $2 per copy.

5,546,869
313,329

$
5,948,123
294,271

5,755.677

7,687,225

7,557740

8^15^4

806,141

1,170,338
379,143
1,149,531
1,168,375
194,432

1,190.933
314,368
1,121,048
1,261.139

■„

232.225

1,221,417
1,265,862
216,115

4,061,824
3,625,401

4,149,713
3,40S,027

4,485,881
3,729.613

52*82

54*90

54*60

$

268,768

914,368
905,146
155,098

3,049,521

2,706,156
52*93

Net earnings
P.c. of op. ex.
*

Does not

.

1882.

$
5,808,484
254,073

Maint’ce of cars
Motive power
Trausportat’n exps.
Miscellaneous
Total.-.

1881.
$

$
4,242,791
201,178

Operating expenses—
Maint’ceof way, &o.

copies

1880.

1879.

•

to earn.

1,273,125

509,362

include company’s freight.
INCOME ACCOUNT.

ANNUAL

REPORTS.

Receipts—
Net

Chicago & Alton Railroad.
(For the year ending December 31, 1882.)
In the statement of bonds outstanding Dec. 31, 1882, the in¬
come bonds amounting to $1,083,000, due Jan. 1,1883, are excluded,
having been nearly all paid by the application of funds pro¬
vided for that purpose before the close of the year 1882. The
remainder of the mortgage bonds of the Joliet & Chicago Rail¬
road Company, assumed by the company, under the terms of
the lease of the Joliet & Chicago Railroad—amounting to
$306,000, on which the company has heretofore paid interest
at the rate of 8 per cent per annum—matured July 1,1882, and
were redeemed and canceled.
Sixty-nine thousand dollars of
the 6 per cent sinking fund 'gold bonds of the company have
been redeemed and canceled on account of sinking fund during

earnings
Other receipts..

Rentals

of railway from Godfrey to

at

length with

maximum grades of less than 32 feet per mile. The old line
between the same points is nine miles in length and embraces
a grade of 90 feet per mile for a distance of about 2^ miles.
This exceptionally steep grade has for many years been
soarce of increased cost in operating the Alton Division of our
road. The two lines are now operated as a double track, and

the

only avoid the necessity for helping engines heretofore
used, but also facilitate the prompt and safe passage of trains.
A new iron bridge, 600 feet in length, upon stone abutments
and piers, has been built over the Kankakee River on the line
of the Illinois River Railroad, to replace a structure of wood.
At other points on our lines twelve spans of iron have been
erected to replace wooden bridges.”
not

lrasbd lines.

no

of the J diet & Chicago Railroad
separate account of earnings on that line is
use

kept.
The following tabular statement shows the earnings
other leased lines for the years 1881 and 1882: "
Kansas City 8t. Louis & Chicago HR
Louisiaua & Missouri Riv. RR. (main line).
Louisiana & Missouri Riv. RR. (South Br.).
St. Louis Jacksonville & Chicago RR
Total

of the

1881.

1832.

$1,263,643

$1,407,688

50,524

1,032,396

49,711
1,102,696

$2,791,385

$3,059,945

499,848

444,820

2,739^156
754*913

paid

The earnings from traffic on these lines, and the line from
Roodhouse to Louisiana, including the bridge over the Missiasipi River owned by oar company, amounts to 43 55-100 per
cent of the entire gross earnings during the year 1882.” * % *
“
Less than 20 per cent of the gross earnings from freight
traffic during the last two years has be*n received from trans¬

3,894,906

1,067,991

*102,175
561,279
155,961

Milton, passing through Upper Alton, which was in progress
the date of our last annual report, has been completed, and
was opened for traffic on the 15tn of July last.
This is what is

and

269,505

33,000

765,776

report says: “ The replacement of iron rails with steel
pounds per yard on all our main lines,
including first, second, third and fourth main tracks, has been
completed. Our company has now only 129 miles of branch

is fixed,

3,625,401

Dividends
Miscellaneous
Jol.A Ch. bds. red’md

rails of sixty and seventy

the

$

Taxes

The

The rent paid for

1881.

$

Construction
Interest on debt

The total amount of mortgage bonds redeemed ana
canceled during the year, including the income bonds above
referred to, is $1,458,000. The total amount of Chicago &
Alton common stock issued and sold to shareholders during the
year is $1,323,200.

commonly called a‘ loop line,’7 40-100 miles in

1880.

$
2,706,156

Total income....
Disbursements—

771,360
147,418
854,359
132,743

60,237

3,729,613
332,547

3,714.818
$
1,096,995
431,644
762,001

4,062.160

x

GENERAL BALANCE AT

1879.
$ ■

■>

Asset8—

Railroad, buildings, ]

equipment, &c

....

Construction acct...
Stocks owned, cost..

j[

19,095,603
3,008,765

3,009,379

301,000
3,273,621
361,540

3,346,600
111,732

James Robb, Reo’r..
T. B. Blackstone

459,721

372.670

682,129

528,396
106,444
40,000

728,577
931,495
40,000
147,600
60,439

147,600

60,439

Tr.

Stock, preferred ....
Bonds (see Sup’m’t),

27,296,078

29,740,373

$

$

10,065,472
2,425,400
11,627,850

11,181,913
2,425,400
11,566.850

631,720

All oth’r dues & acots
Bonds canceled
L. & M. Riv. bond ao.

600,000
439,100
828,022
99,141

....

K.C.St.L.cfe C. con.ao*
Miscellaneous
Profit and loss

579,373

lotal liabilities.

27,296,078

.

1879.
389

1881.
395

1882.
399

451

451

846

850

Miles leased...,

451

389
451

Total operated..
Locomotives

840

840

187

107

207
121

213

Pass.,mail &exp.cars
Freight cars, all kinds

124

213
124

4,218

5,383

6,043

6,044

Miles owned

127,600
60,439

60,439

7,317

12,733

29,183,329

31,103,038

11,181,472 12,504,600
2,425,400
2,425,400
11,501,850 11,432.850
950,045
827,141
1,058,400
7*26.000
795,000
661,000
439.100
439,100
439,100
534,040
517,03#
973,991
71,569
105,835
41,664
1,859,081
1,442,441
1,500,410

29,740,373

29,183,329 31,103,038

Includes $3,000,000 Kan. C. St. Louis <fe Chic, bonds
U. S. Trust Co. as security for same amount of Chicago
issued on that line.
t includes notes of La. & Mo. R. RR., $311,187.
*

X

Operations—

Passengers carried..

Passenger mileage..
Rate p. pass. p.

mil©.

Freight (tons) moved

1879.

843,429

1880.

1,203,549

54,219,072 78,270,565
2*419 cts.
2,634,177

2*076 cts.
3,071,788

1881.

1,495,606

1882.

1,666,991

92,347,464 101,150,059
1*828 cts.
3,275,004

1*951 cts.
3,522,840

Fr'ghtitns) mileage*. 402,234,396 481,474,730 447,009,977 474,823,908
l*054ets.
1*206 ots.
1*241 cts.
1*261 cts.
1,697,542
1,973,100
Passenger
1,311,708
1,624.668

Av.ratep. tonp.m.*.




deposited wlti
St Alton bonds

Including $1,083,000 to redeem income bonds.
Delaware Lackawanna & Western.

(For the year ending Dec. 31, 1882.)
This company never issues an annual report in
form.
The very brief statement of income account and th«
balance sheet published officially are given below, in comparison
with the figures for previous years:

pamphlet

Gross receipts,

Operating expenses
Net

1879.

1880.

$

$

all sources.20,226,70 8 21,656,60 4

earnings

1882.

1881.

$
27.396,526 27,006,267
$

16,416,256 15,753,134 19,632,662

20.163.078

3,810,452 5,903,470 7,763,864

6,843,189

INCOME ACCOUNT.

1879.
Net earnings
Interest and

3.624,431

186,021

Balance, surplus
Dividends*

Assets-

-

Total

,

1879.

1882.

1881.

1880.

$

7,763,864 6,843,189

3,810,452 5,903,470

rentals

3,558,494

3,627,381

3,620,708

3,222,481
2,096,000
2,436,870 1,126,481

2,276,089 4,205,370
786,000 1,768,500

1880.
$

FISCAL TEAR.

$

\

1882.

1881.

„

nnnz,0{M

1,264,344

32.0/2,860
5,763,140
377,851
1,121,860 1,342,8^

35,745,437 37,02G,327

39,030,197 39,556,677

30.278,732 30,873,357

4,697,520 6,265.521
785,731
769,469

Liabilities—
$
$
$
Stock.
26,200,000 26,200,000 26,200,000
Funded debt
5,887.100 5,677,900 4,044,900
Balance on bonds retired
1,200,000

Surplus account

OPERATIONS AND FISCAL RESULTS.

$

20,222,701 20,222,701
3,152,517
3,330,746
491,800
458,600
3,313,551 *3,293,758
109,943
89,374
800,222
1884,502
827,979
605,037
29,260 $2,105,148
40,000
40,000

Miscellaneous
Total
Liabilities—
Stock, common

1882.

$

$

20,222,701

Bonds owned, cost..
Advances
Bills & accts. rec’ble
Materials, fuel, <feo..
Cash ou hand

Tilden & Meyer,

CLOSE OF EACH FISCAL TEAR.
1881.'
1880.

States west of the Missouri River.”
The statistics of traffic, earnings,

EQUIPMENT.
1880.

1,083,080
97,940
1306,000

2,973,871

Railroad,buildings, equip$
inent, coal lands, &c....29,426,681
St’ksandb’ds owned, cost. 4,480,257
Ca8h&net current aoc’ts.*
788,805
1,049,694
Materials, fuel, &c

ROAD AND

71,221
761,122
198,621

171.662

Balance after dividends.. ' 186,021 1,490,089
*
Iu 1880, 3 per cent; in 1881, 6%; in 1882, 8.
GENERAL BALANCE AT THE CLOSE OF EACH

income, &c., have been
fully compiled for four years for the Chronicle as follows :

$
1,127,534

1,077,976
232,510

porting farm products of all kinds shipped at local stations. The

derived mainly from
better crops in Mis¬
souri, and from through traffic to and from Kansas and other

$

3,408,027
306,791

“

increased traffic of the last year has been
increased local shipments resulting from

1882.

3,772,788
3,645,518
def.57,970
sur.416,642
Balance, sur. or def. sur.338,815 sur.921,035
Kan. C. St. L. <fe C. net earnings, which were devoted to construction
in accordance with agreement.
’
t $1,323,200 new stock was issued for the purpose of redeeming theas
Jol. & Chic, bonds and the incomes due Jan. 1, 1883, since paid of.

2,400,341

Tot. disbursem’ts.

the year.

lines tracks laid with iron rails.
“
The construction of a new line

1879.

3,658,337 5,148,427

26,200.0W
4,044,»w
800,ow

7,585,297 8,71L««f

39,030,197 39,556,677
An itemized statement of the “accounts receivable” and “aoobnnt#,
payable”
December 31,1882, is given as follows:
Accounts recei vable—
Aabi
Total liabilities

35,745,437 37,026,327

*

Cash on hand
Coal on hand (less than market value)
Advances to leased roads
Advances on coal to be delivered,
Coal bills and sundry accounts due
Assets N. Y. Lackawanna <fc Western Railway

272

?q3’209
?027 399
9
i

478*723
figS.VsO

^—
$7,337,416

I^bbuabt

THE CHRONICLE.

24, 18S8.J

locount* payable—
interest and rentals.
interest and rentals payable after Jan. 1, inolud-

rSS^nds
irn?Del Lack. & West, dividend, payable Jan. 20
itate taxes payable after Jan. 1.
^cember pay-roUs^payable in January
Vouchers due and payable after Jan. 1
Sundry accounts payable after Jan. 1
Sundry transfer accounts
Balance of

1880.

$102,216
2,078 717
337’867
523,094

nSadiiwtedTtenfs^N.’Y.‘ Lack. A Western Railway.
....

277,594
737,924
1,235,474
1,272,727
394,002

$6,959,561
$377,815

accounts receivable.

Lehigh Coal & Navigation Co.

following:

on coal mined
Revenue from rents

Royalty

Miscellaneous

$18,947

90,176
185,626"
6,077
33,728
7,733

74,045
240,743
7,574
35,669
13,316

hy lessees....

receipts

Total receipts

.

Disbursements—
General and legal expenses

1881.

$19,756

1882.

$21,065
47,586
325,666
7,209
31,973
4,824

$1,609,676 $1,875,592 $1,939,212

Rent and taxes Nesq. Valley RR
Rent and taxes Del. L)iv. Canal
Taxes
Interest account

$62,892

$51,793

$59,101

97,050
125,438
81,153
932,231

97,050

97,0.10

120,330
70,148

102,356

74,648
942,973

915,039

Total disbursements

Mr. Josephs. Harris, President, has the
„

“Oar revenues
increase over 1881

Revenue from wat’r p’rs Lehigh Can’l
Revenue from Delaware Div. Canal.
Net profit on Lehigh Coal

$1,237,665 $1,261,668 $1,279,919
$322,011 $613,924 $659,293
Less sink’g f’d of 10 p. c. p. ton on coal.
$55,317
$64,815
$70,612
Less deprec’n on coal,impr’v’m’ts, &c.
72,458
65,333
78,568
Balance of earnings

(For the year ending Dec. 31, 1882.)
The annual report of

219

,

from all sources aggregate $1,939,211,

an

of $63,619. The fixed and interest charges
increased $18,250, leaving the net revenue $659,292, whiefy is
$45,867 in advance of that of the previous year. Two dividends
each of one dollar per share were paid, amounting to $446,101 ;
depreciation on coal improvements and the. sinking fund con-tribution of ten cents per ton for coal mined, amounting to
$149,179 were deducted, and the remaining $64,011 was carried

Total

Surplus for year
Bal’nce to credit of div’d fund Jan. 1.
Total

$127,775
$194,236
$

$149,180
$510,113

194,236

471,445

$678,012 $931,558
(2) 206,567 (4) 446,101

Dividends
Bal’nce to credit of div’d fund Dec. 31.

$130,148
$483,776

$194,236

$471,445

$535,457

The gross receipts of the company’s railroads, and the coal
*
tonnage on the Lehigh & Susquehanna RR. and the Lehigh
Delaware Division Canal Company Canal,
during 1882, as compared with 1881 and 1880, were as fol¬
have during the past year largely exercised their option of lows: *
converting their stock into that of this company, and in this
1880.
1881.
1882.
$144,376
$164,287 $183,695
way 19,168 shares out of a total of 32,667 shares were exchanged Passengers and mails
Freight and express
465,398
540,777
646,887
up to the close of the year.
*
*
This company pur¬ Coal
2,804,272 3,517,454 3,464,480
chased in January, 1882, for $62,000, 1,240 shares, being about
one quarter of the stock, of the Old Bangor Slate Company, to
Total
$3,414,016 $4,222,518 $4,295,062
enable it to control the tennage of its slate quarries which
Lehigh
Coal
A
Nav.
Co.’s
$1,407,506 $1,431,687
proportion.
$1,138,015
are among the largest in the State, and produce slate of supe¬
Coal
to the credit of the dividend
“The stockholders of the

fund.”

*

*

,

Railroad Company, owning about nine
develops a large timber district near
Scranton, being unable to pay the principal or interest of a loan
made by this company in 1874 for the purpose of aiding them
to extend their railroad, have leased their property to us.
By
this agreement we can apply the net earnings of their road to
the payment of their indebtedness, and by having possession of
this feeder we can throw a large amount of business on our
main lines of railroad.

“During the year an opportunity occurred of purchasing a
coal property known as the Kentucky Bank Lands, situa ted
about five miles west of Tamaqua, containing coal of fine
quality, and of as great amount per acre as our Summit lands.
Estimating their productive capacity at the same rate per acre
as that taken for adjoining tracts in Mr. Harris* report on the
Beading coal lands, made in 1880, they will more than replace
all the coal taken from our property since it was first opened.
The purchase covered 884 acres, which cost $222,089, about t lie,
amount which our sinking fund receives in three and a LaU’
years from the charge of ten cents per ton of coal mined. By
the operation of this charge the valuation of our coal land*,
which stood on our books January 1, 1873, at $5,874,196, being
at the rate of $816 per acre for 7,201 acres, has been reduced,
so that,
including the Kent and McLean purchase in 1874 of
175 acres, and the Kentucky Bank Lands, and deducting 207
acres as worked out, whicn is a full allowance for the lands ex¬
hausted by mining in the last ten years we had January 1,
1883, 8,053 acres of equally valuable land charged at $5,816,-

058, or $722 per acre.
“Inorder to secure for the Lehigh & Susquehanna Railroad
the coal tonnage from the Lehigh Luzerne Coal Company’s
lands, which was about to pass under the control of another
railroad company, a loan of $75,000 was made, secured by the
transfer of eleven thousand shares of stock, being 55 per cent,
of the total issue. The loan is for three
years, but the tonnage
from these lands is perpetually bound by contract to pass to

market

over our

lines of railroad.”

Daring the past

year

3,905,393

tonnage

rior quality.” * *
“The Spring Brook
miles of railroad which

*

*

*

the extended debenture loan of

4,704,692

4,665,851

Northern Central Railway.
(For the year ending Dec. 31, 1882.)
The report remarks that, in comparison with the year 1881,
there was an increase in gross earnings of $356,476, equal to
6 55-100 per cent, and in expenses of $54,877, or 1 45-100 per
cent. The increase in net earnings was $301,598, or 18 21-100

cent. In addition to the net earnings, as above stated
($1,957,852), there was received from dividends and interest
$203,156; net royalty on coal mined (Shamokin Division),
$80,812 ; total net receipts, $2,241,822.
The coal tonnage of the main line in 1881 was 1,555,045
per

“

tons, and in 1882, 1,736,196 tons.

There was an increase of
trade going on to^the Pennsylvania Railroad at Marysville of
112,813 tons. There was an increase of 3,619 tons to points on
the Cumberland Valley Railroad. The total tonnage to Balti¬
more was

488,793 tons,

an

increase of 30,068 tons in 1882.

The

coal

tonnage of the Shamokin Division in 1882 was 1,228,808
tons; in 1881, 1,147,781 tons, showing an increase of 81,027
tons.
The coal tonnage of the Elmira Division in 1882 was
1,058,887 tons, and in 1881, 1,012,617 tons, an increase of 46,270
tons. The decrease from the McIntyre mines, near Ralston,
was 27,805 tons.
In the north-bound anthracite trade there was
an increase of 5,185 tons.
The coal tonnage of the Chemung
Division was increased from 717,214 tons in 1881 to 724,806 in
1882, a gain of 7,592 tons. On the Canandaigua Division the
coal tonnage of 1881 was 639,732 tons, in 1882, 639,532 tons, a
decrease of 200 tons.

There

was an

increase of 8,851 tons in

shipments to Coal Point, at Watkins, New York, and a decrease
of 9,051 tons in shipments to other stations.”
*
*
*
The aggregate movement of bituminous coal was 1,141,891
tons, an increase of 156,523 tons, principally from the Snow
Shoe and Blossburg regions to points in New York and New
Nngland, and from the Clearfield region to points south. The
tonnage of both classes amounted to 3,218,002 tons, as against
2,900,707 for the preceding year, being an increase of 317,295
tons in the actual aggregate of coal transported, irrespective of
“

the number of divisions

over

which it

was

moved.”

*

*

*

The amount of grain transported over your lines shows a
1106,197, the convertible debenture loan of $41,550, and the
Greenwood first mortgage loan of $140,000, amounting in all to large decrease as compared with the preceding year, due
$287,740, were paid at maturity. These payments, and the mainly to the falling off in the foreign demand. There were
carried overyour lines to Baltimore, in 1882, 10,332,853 bushels
Phases
and loans above recited necessitated some increase of of
the floating
grain; in 1881,17,911,677 bushels; a decrease of 7,578,824
debt, which, after deducting cash assets, now
amounts to about $1,000,000;
*
*
*
*
against which this company holds bushels.”
*

;$90 °f its consolidated seven per cent bonds, $306,000
“'r?17'
^ana* Co’s.
bonds, and 18,901 shares of its own stock
Ihe control
of additional
i

“

“The passenger

business for the year shows

a

continued

improvement, the passenger mileage increasing 6 86-100 per
cent, and the revenue received therefrom, $77,235, or 9 55-100
freight-producing
territory,
by
me purchases
and loans above recited, has so strengthened our per cent. There was a net profit per passenger per mile of
position with regard to the coal trade, which, on account of the 2 44-100 mills, as compared with a profit in 1881 of 1 85-100
geographies position of our railroads, must always be our mills.
cnief source of
The real estate account was increased $513,091 during the
revenue, that it is not thought necessary to
make further
investments in that direction. We have reason year, the details of which are shown by the following state¬
“

°°!l*0r
a steady increase of business and of net earnings
the region now
tributary to our roads, and this should
loa 6
t° fund our floating debt and refund such part of the
fr

nfcf

^^uring this year and next as we
or

-

in*

v*?!011

onr a

nf

issue of bonds

at

a

may

desire by the sale

lower rate of interest.

The

.^e8e loans and of the stock of the Nesquehon^a^roa<i Company will effect a great reduction in

Ie? ,r£e8»
an(l will strengthen very much the position
a
re}iable
dividend-paying investment.”
mparative

statistics for three years are as follows:
1881.
1880.
1882.
an*>i
trom railroads and NesRcvem . from
$1,157,909 $1,439,468 $1,446,190
wenu.
Lehigh Canal
109,666
55,830
55,699
a

4




ment

:

Paid for additional property purchased
Amount of mortgages and ground rents payable,

$116,031

-

capitalized... 440,812
$556,843

sold
$34,000
Mortgages and ground rents receivable, capitalized.
9,752—
Deduct receipts for property

—

43,752

$513,091

Net increase

The various mortgages and ground rents for which your
company had become liable in the purchases of property here¬
tofore made have, as stated above, been capitalized, and the
“

amount

thereof, $440,812, charged to real estate account and

credited to mortgages

and ground rents payable.”

*

*

THE CHRONICLE,

220
41

In accordance with the announcement made in your last an¬
nual report, your board purchased at par the entire share cap¬
ital of the Union Eailroad Company, of Baltimore, costing
$600,000. Under the terms of the contract only a portion of
the amount was required to be paid in cash, but it was deemed
advisable to anticipate the payment of the notes given for the
balance of the purchase-money, all of which have now been
paid. To provide the means therefor, and in accordance with
the authority given at your last annual meeting, the share cap¬
ital was increased during the past year from $5,842,000 to

$6,500,000. The stockholders having been offered the privilege
of subscribing for 10 per cent of their holdings at par, availed
themselves thereof to the extent of 6,00S shares, leaving 7,152
shares in your treasury, which were sold at $56 dollars a share,
yielding a profit of $42,912 to be carried to the credit of profit
and loss. The Union Railroad was transferred to the manage¬
ment of your company March 1st, 1882, and its acquisition has
proved even more valuable to your interests than was antici¬
pated, and you cannot be too strongly congratulated on secur-

;

_

ing its control.

“During the past year a connecting line was built between
your road at Dauphin and the Pennsylvania Railroad at Rock¬
ville, at a cost of $175,009, the funds for which were provided
by the Pennsylvania Railroad Company, and a contract made
.between the two companies by which your company operates
•the line for a fixed compensation.”
*
*
*
“It is proper to state that the following amounts, which may
be classififd as extraordinary expenses, have been included in
the regular operating expenses, and form a part of the cost per
ton per mile and per passenger per mile, as shown in the tables

Amount expended on account of new freight care
Amount expended on account of new locomotives
'Amount expended for new tracks, &c., Baltimore and Canton.

$192,449
119,438
35,919

Amount expended for extension second and third tracks, sid¬
ings, crossings and stations on the line of the road.

108,324
$450,130

fourths of

iVoi*xxixi

mile of Wateree trestle, rebuilt, $14

a

rebuilding culverts, $5,946;
total, $39,488.

347

excess of cross-ties used

•

to?™

*

#

The further increase is fully accounted for
by the increa^i
cost of provisions furnished laborers, due in great part
to th
larger number employed by reason of above improvements

m

BALANCE

SHEET, DEC.

31, 1882.

J)r.

Railroad

and

,,

other

117,305

100.000

2

J'KMgO

ton Warehouse and

62,816

Steam

$13,079,316

Total

$5 ofio

Income bonds
Capital stock
I”
Interest accrued
Bills payable
Profit, and loss
’
New York and Charles-

95,458

Cash.
Charleston office
N. Y. and Charleston
Warehouse -and
Steam
Navigation
Co. stock
Barnwell Railway....

Cr.

,

Mortgage debt

$12,673,735

property

Navigat’n Co.

16,328

iliToT^si^

Total

has in its treasury, first consolidated mortgae-A
bonds, $50,000 ; second consolidated mortgage bonds, $483 000 •
income mortgage bonds, $462,000. It is the sole owner of
the
The company

New York & Charleston Warehouse & Steam

Navigation Com

which has constructed 500 feet front of new wharf on the
Cooper River, a fertilizer warehouse with a capacity of 8 000
tons, and three freight sheds, all of which are being used to
their full capacity. It also owns the Barnwell Railway nine
miles long, cow in operation and doing a paying business’ Of

pany,

the 205 miles of main line, 125 are laid with steel rails, and the
remainder, excepting about 12 miles now being relaid with steel
rails, is in excellent order. The Camden Branch, 38 miles, and
the Barnwell Railway, are in satisfactory condition. Two thou¬
sand tens of steel rails have been bought and will he laid in
1883. This will leave less than 60 miles of iron rails in the main
line, none more than slightly worn, and thereafter purchases of
rails will be very light.
The trustees of the first consolidated mortgage bonds hold
for the sole purpose of taking up prior liens, first consolidated

for four years have been compiled mortgage bonds, $1,447,000; second consolidated mortgage
:
bonds, $170,000. These prior liens mature semi-annually until
AND EQUIPMENT.
January, 1888, and are canceled as fast as they can be paid.

The comparative statistics
for the Chronicle as follows
llOAD

Miles owned
Miles leased & cont’d*

1880.

1881.

152
170

152

170

152
170

322

322

322

322

Total operated...
*

1882.

1879.
152
170

road

Uses also 40 miles of Philadelphia & Erie

OPERATIONS AND FISCAL RESULTS.

1879.
Operations—
1,530,879
Passengers carried..
Passenger mileage.. 25.888.514
Rate

2-426

$Lpass. $ mile.

c

ts

1880.

1,913,734
29.880,042

2,430.162
34,370,948

2,590.562
30,727.734

2-327 cts.

2-352 ets.

2-412 cts.

7,920,866
9,400,229 10,527.700 11,057,355
Freight (tons) mil’ge.404,192,761 461,904,456 506,180,310 502,363,778
0 697 ct-L
Av. rate $ ton $ mile
0-810 cts.
0*894 cts.
0 869 els.
$
$
$
Earnings—
$
885.789
808,554
695,430
Passenger
627,927
4,396,187
4,507,098
4,131,008
Freight...
3,272,302
407,288
238,959
223,949
Mail, exp. & miscel..
2o7,720

4,107,949

5,050,387

5,443.700

5,800,175

9
718,532
1,048.088

785,446

1,135,225

$

Operating expenses—

Maint’nce of way,Ac.
Motive power
Maint’nce of cars....

715,619

698,296

816.200

934,167
437,737

‘Transportat’n exp’ns

956,021
65,736

1,121,252

2.861,941

Miscellaneous

$

777.270

632.861

63,817

1,183,150
60,405

1,218,797
69,994

3,255,268
1,795,119

3,787,446
1,656,254

3,842,323

308,365

City & Pacific.
(For the year ending Dec. 31,1882.)
The following statement of the business of the Sioux City &
Pacific Railroad Company, and balance sheet at the close of the
year 18S2, has just been received :
REVENUE AND EXPENSES FOR TIIE TEAR

1862.

1861.

Freight (tone) moved.

Total gross carn’gs.

Sioux

ENDING DEC.

31,1882.

Revenue—

Freight earnings
Passenger earnings

$537,807

*.

2GG.125

Mail earnings

26,701
3 2,106

•

Express earnings
Miscellaneous

14,726
9,336

Drawback, account leased lines
All other sources

6,690

Total revenue

$873,562

Expenses—
Operating expenses and taxes

$740,444

Rental
:
Interest on first mortgage bonds
On U S. bonds (accrued, not yet
On other debt
Dividends on preferred stock

97,388

.

due),.

I 0,994

11,830
$1,066,036
$192,473

Total expenses
Total

1,246,008

Net earnings

9
1,24^,908

1881.

1880.

1879.

'

.

1882.
$

$

$
1,795,119

1,656,254

1,957,852

Interest

148,339

132.512

151,570

203,156

Other receipts

200,961

163,797

109,630

80,812

Total income

1,595,398

2,091,428
$
452,097

1,917.451
$

2,241,820

$

Disbu rsemen ts—
Rent’is, l’s’d lines,&c*
Interest on debt
Dividends
Miscellaneous
Balt. & Potomac int..

4 57,742

895,140
63,260

Tot. difehursem’nts.

1,416,142

Balance, surplus...

179,166

*

bS0,875

(6) 350,517 (7) 444.272
118,834
54,218
15-4,270
37,177
196,494

1,806,533
284,895

Includes rent of roads and interest

on

1,956,673
285,147

1,809,935
107,519

BALANCE SHEET DEC.

Material and fuel on hand
Cash
Accounts receivable
Profit and loss (balance, or

which the following extracts
1881.

Earnings—

$261,899
949,030

assengers

From freight'
From U. 8. Mail
Frt m freight car service
From miscellaneous sources

Total

20,462
11,365
2.509

.

Expenses—
Maintaining road
Repairs of machinery
Operating road
Total operating expenses
Net earnings




1,512,600

not loss to date)

$7,883,131
Capital stock, common.

$1,899,400

^

169,000—$2,068,400

Preferred
First mortgage bonds

1,628.000
U. 8. Government subsidy bonds
1,628,320— 3,2o6,320
Interest accrued on 1st mort. bends, unclaimed.
16,755
Do
Interest

do
on

-

extended

do

.

Government bonds, accrued, not yet

are

«

n

ora

1,046,854

Vouchers, notes and accounts payable

,1862.

received:
RECEIPTS AND

$296,104
19,531
12,769
3.256

$1,313,820

$175,089
127.14G
442,099

$218,047
157,365
4 37,217

$812,630

$501,190

layiDg 3,000 tons steel rails, $9,076 ; cost of three-

EXPENSES

FOR

THE YEAR ENDING

From
From
From
From
From

DEC. 31,

^ci708

rental of road

connecting roads.;
interest and profit and loss account

17
2

donations 011 account of extensions
town lot sales

Total

receipts...

*

For salaries and ft
general
v>
LV*
expenses..
For interest on bonds
X/ I.

IJ l*

n.«
j

rt

»*

LJi,bo£>-

•

t

192,708

$7,240

Balance to income account
:
BALANCE SHEET, DEC. 31, 1882.
Assets—
Construction accounts
Cash in hands of Treasurer and Ass’t Treasuerr... $38,321

Cash in hand* of trustees.

000
800

tZ—

Expenses—

4-

ogt?

r

Receipts—

982,155

$1,215,266

$744,335
$500,951

147.990

131,2 35-

due

Railroad.
(For the year ending December 31, 1882.)
issued
The fallowing statement of the business of this company for
made :
1882, and the balance sheet at close of the year, has just been

The following expenditures, resulting in peimanent improve¬
ments, are included in the cost of maintaining road for 1882, and
are the chief cause of the incieate in this item over 1881 :

.Labor of

27,718
280,472

Fremont Flkliorn & Missouri Yollcy

EARNINGS AND EXPENSES.
i

500

70,176

Liabilities—

year ending December 31, 18S2.)
An official statement for the late fiscal year has been

From

$5,991,453

equipments accounts
Company’s bonds owned by Co

$7,883,131

(For the

in circular form, from

31, 1882.

equipment.

South Carolina Railway.

‘

.

As-.ets-Construction and

$
477,256

472,093
895,730

898,0(0
(2) 116,018

:

1,957,852

INCOME ACCOUNT.

Receipts—
Net earnings....-

Deficit.

97,680
97,699

.

6a

#5

08), 214

FEBRUARY

THE CHRONICLE.

24, 1883.J

Amounts receivable,
prflclnct bonds (in hands

$o),524
17,00C—

221

Mobile & Alabama Grand Trunk.—The
Chancery Court at
a decree of foreclosure and sale en¬
Protit and loss (balance net loss to date)
196,368
tered against this road unless the
company shall redeem it by
$5,473,140 March 15, by payment of the
principal of $1,240,000 bonds,
LIABILITIES.
with interest accrued since
April 1, 1874. Failing such re¬
Capital stock
$1,924,000
demption—which is not at all likely to be made—the road is
Income bonds
317,082- 3,433,082 to be sold at public sale on proper notice. The road has track
Accrued interest on bonds
116,057 laid from Mobile to Bigbee Bridge, 59 miles, but it has not
been operated for six or seven
years, and must be in a very bad
$o,473,140 condition. Several
plans have been proposed for the extension
of the road to Birmingham,
Ala., but none of them have been
successful.—Railroad Gazette.
general investment
.

of trustees)

$191,557

Mobile, Ala., has ordered

news.

Nashville

Chattanooga & St. Louis.—The following official
earnings and net income is made for the month of
Alleghany Central.—The Rochester Democrat c& Chronicle
has information that the Alleghany Central will merge with the January and the seven months of the fiscal year from July 1 to
Lackawanna & Pittsburg, which company has entered iuto a January 31:
JANUARY.
satisfactory contract with the Delaware Lackawanna & Western
■1383.1882.by which the new line of road from Perkinsville, on the Dela¬
Gross
Net
Gross
Net
ware Lackawanna & Western, to Belfast, on the Rochester divi¬
timings.
earnings.
earnings.
earnings.
sion of the Buffalo New York & Philadelphia, will consist of 22
$178,627
$76,758
$156,993
$55,010
miles of new road and the same distance of the present line of Lebanon Brunch
5,286
3,262
5.300
3,773
McMinnville Branch
3.376
1,990
the Alleghany Central, and will be standard gauge.
2,932
855
Fayetteville Branch
statement of

.

.

Centrev. Br.,nar. gauge..
D. R.Val. RR., nar. gauge\

Atlantic & North Carolina.—A press dispatch from Raleigh,
Feb. 21, says : ‘‘Judge Phillips, of the Superior Court of this
county, decided this morning to appoint a receiver to manage
the Atlantic & North Carolina Railroad, running from Morehead to Goldsboro. This is a virtual decision that the terms of
the lease by W. J. Best and his Boston syndicate have been
violated, and that it is necessary for the protection of all part¬
ies in interest that a receiver shall be appointed. There are
.three parties to the suit—the State, Appleton Oak Smith and
the Midland Company, and W. J. Best and associates.

Earnings
Expenses
Int.

Net earnings
charges for the

Hannibal

$3,334,97 6

2,267,403

$029,633

2,302,448

35,045

St.

1882...

$1,032,528
$831,000

1.159

2,975

680

1,843

Loss 835

$8 >,317

$170,752

$59,604

54,561

632

s

169

53,532

$30,756
1883.

,

$6,072

s

Gross
Main Stem
Lebanon Branch
McMhinville Branch.
Fayetteville Branch..
Centrev. Br.. nar. g’e.
D.K. Val. KR.,nar.g’e.

Total
Interest and taxes...

$594,588

-1882.-

.

Net

earnings.
$1,224,928

Gross

earnings.
$529,013

46,733
27,457
38,705
16,722
24,373

33.457

$1,373,921

Net

earnings.
$1,153,027

13,409
23,149
’4,302

earnings.

$448,789

37,331
25,189
22,329

23,178

7.222

276
Loss 2,676

9, 05

18,911

$613,232

$1,264,011

379,399

Balance net income

5,320
5.770

$480,65S
367,813

$233,833

$112,845
New York Lake Erie & Western.—In regard to
the new
loan for $5,000,000 negotiated on collateral trust bonds there
has been a claim made that some of the securities thus
put in
trust were covered by the second consolidated
mortgage. The
New York Herald says: “The list of collateials back of the
new loan is headed with the
10,000 shares constituting the

Joseph.—The negotiations for the disposi¬
Joseph Railroad, which developed

tion of the Hannibal & St.
into
the

2,523

189

SEVEN MO>TIIS ENDING JANUARY 31.

Increase.

$.’,705,343
$437,939
year

1352.

2,815

2.231 Loss

$197,387

Interest and taxes.

Chesapeake & Ohio Railway.—Comparative statement of
earniDgs and expenses for the years 1881 and 1882:
1581.

4,840

a plan to sell the stock
purchased from Mr. Duff at 42 to
Chicago Burlington & Quincy, seems to have come to an
end. Mr. C. E. Perkins, the President of the
Burlington,
offered to pay 42 and the interest from
September last, when capital stock of the Blossburg Coal Company—$1,000,000, par.
Mr. Gould and his associates bought
the stock, but to pay it in In his last annual report President Jewett notes the purchase
the 4 per cent bonds of his road at
par.
Mr. Perkins declined of this property on behalf of the Erie
company, ‘after con¬
to give a bond at a higher rate of interest and the deal

termin¬
ated. Mr. William Dowd, the President of the Hannibal
&
St. Joseph, said that the extension from
Quincy to Chicago, a
distance of 247 miles, would be built. He estimated the cost at
$20,000a mile and with equipment, $25,000. He said that the

road, which is surveyed, could be built in

a year.

Iron and Steel Rail Production.—The
Secretary of the
American Iron and Steel Association
reports
that
returns have
been received from all the mills in the United
States which
rolled iron and steel
railway bars in 1882. The total produc¬

siderable negotiation,’ for the

sum
of $2,000,000. Of this
$1,2S5,000 was paid in cash, and the Grand Opera
House property was put iu at a valuation of $715,000. Thii
Blossburg purchase is understood to have been made virtually
from Mr. Gould, who owned all or
nearly all the shares.” * *

amount

‘Of the fifteen lolsof securities named as collateral for the new
loan eight are those of properties named in the second consoli¬
dated mortgage—namely, Hillside Coal & Iron

Company (10,003
shares), Long Dock Company (8,000 shares), Buffalo New York
& Erie *5,759 shares), Northwestern
Mining & Express Company
(5,000 shares), Paterson & Newark (499,000 shares, Newburg h
tion of iron and steel rails last
year was 1,683,794 net tons,
being a falling off as compared with 1881 of 153,306 tons. Of N. Y. R. R. (169,000 shares), Newark & Hudson River ($250,000
bonds), Buffalo Bradford & Pittsburg ($185,000 bonds).”
the entire out-put 1,438,155 tons were
Bessemer steel rails,
Mr. Jewett stated that the company has a right to use these
227,874 tons iron rails, and 22,765 tons open hearth
steel rails. stocks and bonds as collateral intrust for this
The five leading
loan,and that the
rail-making States were Pennsylvania, which mortgage
gives that right.
produced 850,908 tons; Illinois. 362,250 tons;
Ohio, 113,806 tons;
New York, 155,021 tons; and
—The following is the official statement for December and for
Missouri, 85,528 tons.
the three months October 1 to December 31:

Memphis City Debt.—The

Baltimore Sun reports that a
committee of gentlemen from
Memphis,
Tenn , authorized to
offer to the creditors of that
city terms for a compromise of its
debt, met Baltimore holders of those securities this week. The
Memphis committee were Hon. D. P. HaddeD, President of that

taxing district; Judge H. T. Ellett, Wm.
tarrington.

MONTH,OF DECEMBER.

1881
Gross earnings
Working expenses.

1882.

♦

....

l.

Net

earnings...

M Sneed and Wm. M.

1,ISO,826

$381,382

*"

OCTOBER—DECEMBER.

$1,691,403
1,249,664

rue.
I Lie.

$120,1 $5
59,833

$441,738

Inc.

$60,356

INCLUSIVE.

Mr. Sneed, on behalf of the
Memphis committee, Gross earnincs
$5,101,543
Inc. $227,694
$5,329,237
explained the previsions of a bill
3,454,900
3,466,964
Inc.
32,06*
pending in the Tennessee Working expenses.
legislature
“embodjdng
the
proposed
settlement
of
the
debt
Net earnings...
of the
$1,646,642
Inc.
$1,842,273
$195,630
city of Memphis and taxing district of Shelby
County.”
lhe plan is
substantially that of the Fiippin compromise of
Philadelphia & Reading.—The gross receipts from the
18/7, which was to fund the debt at 50
per cent of the prin¬ railroads, canals, steam colliers and coal barges in January
cipal and 6 per cent interest. The interest for the
first three were $1,608,775 and the net receipts $675,343; for the fiscal year
years shall be 3 per
cent, and for the next three years 4 per since Nov. 30, 1882, the gross receipts have been $3,404,146 and
cent, but the difference to make
The gross receipts of the Philadel¬
up 6 per cent is to be capital- the net receipts $1,513,952.
nn
a(^ed to the principal debt, which will make each phia & Reading Coal & Iron Co. in January were $951,219 and
lsftQ
represent about $140 more. Interest due to January 1, net loss $10,465; since Nov. 30 gross receipts have been $2,021,shall be computed and treated as
part of the principal, 04S, and net loss, $5,291. The total receipts of both companies
the bonds shall
be payable in
thirty
yeai-3,
but redeemable at together for each month of the fiscalyear have been as follows:
par after sis
years. Gross lleccwfs.
Net Receipts.
Mr. Farrington said the
1831-82.
1882-83.
1881-82.
1882-83.
local
government
is
ready to accept December
nei
$3,231,677
$2,865,201
settlement and will be
$937,542
$343,783
prepared
to
pay
the
obligations.
“We January
U create no
2,451,406
2,559,994
646,913
664,87V
other debt, and this old debt will not
be a first
Total 2 montlis $3,623,143
$5,425,195
$1,584,455
$1,508,660
but the only mortgage. There is a prosper03?gesimplr’
*ature kefure ns which warrants us to say this. We
cannot
The coal
has been as follows, viz.: Cariied on the
l°U
*ake anything else than the Fiippin compromise, railroad in tonnage
January, 576,211 tons, against 508,147 tons in
hnn?o
acCHPtecl in 1877.” He explained that the taxable
1882. Mined by the Coal & Iron Co. and by tenants,
haW18i?k°u} $14,000,000.- The debt under the settlement will January,
365,695 tons, against 330,138 tons in 1S82.
tivAlwV^3!*1
$3,000,000: The Baltimore creditors listened atten- —The Usion Trust Company of Philadelphia on Monday
A* ^ t0
^^eiu^nts. It was moved “that it is the sense of began
paying off the Receivers’ certificates of the Philadelphia
adnnfInietln^.t^at
*be proposition be accepted.” This was & Reading Railroad and Coal & Iron companies with
adopted
the pro¬
unanimously.
ceeds of the $2,000,000 car trust loan which it took.
,

,

,

«

,

,

•




THE CHRONICLE.

222

UIxe (&8\muzxtwl jinxes.
EPITOME.

COMMERCIAL

Friday Night, Feb. 23,
Business in the

past week has been

J883.

[VOL. XXXVI.
COTTON
Friday, P» M.§

February 23, 1883
indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Feb. 23) the total receipts have reached 134 448
bales, against 146,130 bales last week, 165,868 bales the previous
week and 171,316 bales three weeks since; making the total
The Movement op the Crop, as

interrupted by a close receipts since the 1st of September, 1882, 4,766,393 bales,

holiday—Washington's Birthday. The weather is still wintry
cold, but storms have ceased, the floods are abating, railroad
transportation is being resumed, and the long-delayed opening
of active spring trade seems to be at hand. The Senate has
passed a bill making moderate reductions in import duties and
abolishing many stamp and excise charges. At the moment it
is very doubtful what, if anything, the House will do with it.
Speculative staples have generally declined.
The speculation in lard has been liberal and generally at
advanced prices. Toward the ciose, however, and especially
to-day, an irregular and easy feeling was "noticed, the direct
result of a realizing movement and better weather reports from
the West. Mess pork was quoted on the spot at $19 25@$19 505
the options were dull and entirely nominal. Bacon was firm at 9Vs
@10c. for long clear; long and short clear together 10-10(§>10T5c.
Beef steady and quiet; city extra India mess $25@$27. Beef
hams firm at $21@$22. Lard opened steady but soon fell off,
and at one time looked very unsteady; toward the close there
was an improvement; prime Western was sold on the spot at
ll*70@ll*73c. and refined for the Continent at 11 *70c.; South
America ll*85c.; contract Western for March sold at 11*71(9
11 *75c.; April ll’86@ll‘87c.; May ll*94@ll-98c.; June 11*96(9
ll‘98c.; July ll*98@12o., closing steady. Tallow was easy at
8%@8}£c.
Stearine dull at ll%c. for prime. Butter and
•heese have a fair trade at about steady figures.
Rio coffee has been quiet on the spot at a decline

4,006,508 bales for

increase since September 1, 1882,

to 83^c. for

Receipts at—
Galveston
Indianola, Ac.
New Orleans...
Mobile

Mon.

Sat.

3,115

2,419

Savannah

Brunsw’k, Ac.

Royal, Ac.
Wilmington ....
Moreb’d C.,Ac
Pt.

....

....

2,075

503

358

231

....

....

....

2,438

....

....

....

235

340

956

1,992

907

876

791

....

....

....

....

978

891

944

450

Totals this week 17,131 27,754 20,859

17.739

Baltimore

Philadelp’a, Ao.

37,145
8,055

344

341

2,439

15,570

2,080
4,329

11,080
4,329
2,789

639

2,480

628

Boston

188

7,691
1,896

1,459

....

....

15,659

188

....

220

....

2,443

2,188

....

3,851

lotai.

....

592

3,655

Fri.

•

3,934
2,111

....

1,669

M

....

466
....

2,190

•

....

....

West Point, Ac
New York

501

....

•

....

....

3,057

Norfolk

817

3,219

2,376

1,421

Charleston

4,215

....

....

1,782

....

7,281

....

Thurs.

4,401

....

3,419 10,605
1,504 1,226
....

Wed.

1,040

....

....

an

of 759,885 bales.

Hues.

3,082

2,911

Florida

against

the same period of 1881-82, showing

640

640

3,723

19,204
6,879
1,652
5,522

6,879
229
•

....

•

•

•

541

541

1,588)

4,851

....

15,316 35,619 134,448

give the following table showing the week’s

For comparison, we

total receipts, the total since Sept.l, 1882, and the stocks to-night,
and the same items for the corresponding periods of last year.
1881-82.

1882-83.

Receipts to
Feb. 23.

Galveston
Indianola, Ac.

This

Since Sep.

This

Week.

1, 1882.

Week.

15,659

653,541

188

15,327

Slock.

Since Sep.

1,1881.

1883.

1882.

4,378

369,386 82,629
13,041
16,341 1,058,865 340,846
69

70,420
•••••*

...

370,310
but the close was firmer at
with a better New Orleans... 37,145 1,300,584
228.320 44,776
3,40S
33,232
8,055 283,446
demand; options have been less active at’ some decline, but Mobile
215
25,239
344
Florida
13,917
close at some recovery with sales of No. 7 at 6 70c. for March,
653,623 86,012
6,942
76,742
Savannah
15,570 699,517
690c. for April, 7*10c. for May, 7 20 for June, 7*30 for July and
6.824
5,508
Brunsw’k, Ac
7*55c. for October; mild grades have most of the time been Charleston
60,111
5,580 443,351 75,078
11,080 494,656
756
21,541
3,764
3,955
Pt. Royal, Ac.
18,602
4,329
quiet, though Laguayra sold quite freely a few days ago, and
123,277 12,190
7,691
1,064
114,834
2,789
Wilmington....
to-day there was more demand for Maracaibo. Rice has been
499
21,801
640
M’head C., Ac
17,017
in good demand and firm. Molassses has been steady but quiet;
512,837
8,914
49,270
Norfolk.
77,428
19,204 642,269
Cuba refining has sold at 30c. for 50 deg. test. Spices have been
168,085
West Point, Ac
1,823
186,646
6,879
130,776 176,828 343,347
3,315
quiet. Tea has been quiet but steady. Foreign fruits have New York
1,652 108,368
4,650
9,927
5,086 160,542
been moderately active and steady. Raw sugar has been firmer Boston
5,522 121,669
38
36,356
17,956 32,437
541
36,657
Baltimore
and to-day large sales of centrifugal were made; the Cuban
17,719
51,011 10,208
1,727
4,851
53,835
markets have been quite firm, and this fact, together with an Philadelp’a,Ac.
Total
134.448 4,766,393 60,160 4.006.508 947,037 1,078,789
advance in refined, has given importers increased confidence ;
In order that comparison may be made with other years, we
fair refining closed at 7c., and 96 deg. test centrifugal at 7%@
7 ll-16c. Refined has advanced to 934c. for powdered, 9c. for give below the totals at leading ports tor six seasons.
1878.
1879.
1880.
1881.
1882.
1883.
Receipts at—
granulated and 8/£($3%c. for standard “A.”
There has been a fair business in Kentucky tobacco, and for Galvest’n,Ao.
7,082
13,934
9,812
17,664
4,447
15,847
38.016
45,186
46,353
New
46,950
Orleans.
16,341
37,145
Spanish account 877 hhds. of low grades were taken at a pri¬
7,987
4,831
7,565
10,578
3,403
9,055
vate price; further than this, 250 hhds. were <£old for home Mobile
11,362
8,513
12,550
15,503
Savannah....
6,942
15,570
account; prices rule firm at 5^@6%c. f°r lug3 an^ 7@1034c. Chari’s
7,131
6,754
6,081
12,064
6,336
15,409
t’n, Ac
for leaf. Seed leaf has had a moderate sale at well-sustained Wilm’gt’n, Ac
3,460
2,610
1,107
2,141
1,563
3,429
6,905
10.384
11,658
19,366
400
1881
26,083
10,742
figures; sales
cases
crop Pennsylvania, private terms; Norfolk, Ao..
12,423
14.587
All
11,097
14,091
others....
10,381
12,910
1881
150 cases
crop New England, 15@28c.; 300 cases 18S0 crop
Pennsylvania, 6%@15c.; 112 cases 1881 crop Wisconsin Havana, Tot. this w’k. 134,448 60,160 138,359 102,995 110,047 94,349
private terms; 500 cases 1881 crop Ohio, 5M@6c.# and 100 cases Since Sept. 1. 4766,393 4006,508 4535,165 4201,820 3836.561 3579,054
sundries, 3J^@18c.; also 450 bales Havana at 88c.@$115.
Galveston includes Indianola; Charleston includes Port Royal, Ac.
Naval stores have been quiet and while rosins have remained Wilining toninoludes Morehead City, Ac.; Norfolk includes City. Point, Ao
The exports for the week ending this evening reach a total
iteadyat $1 65(g$l 72^4 for ordinary to good strained, spirits
of 86,595 bales, of which 46,225 were to Great Britain, 15,038 to
turpentine has declined to 52@52/£c. Refined petroleum is France and 25,332 to the rest of the Continent, while the stocks
steady although the export demands are slow at the moment; as made up this evening are now 947,037 bales. Below are the
110 test, 7%c.; 70 test, 8c.; crude certificates close irregular and exports for the week and since September 1. 18S2.
From Sept. 1.1882. to Feb. 23,18t3.
Week Ending Feb. 23.
easy, with the speculation much smaller, at 98%@99c., after sell¬
Exported to—
Exported to—
ing at$l%@99%c. Ingot copper is easy and quiet; Lake sold
Exports
Conti¬
Great
Conti¬ Total
Great
Total.
from—
at 17%@18c, and Baltimore at 16@16/£c. Oils were firm and
Franco
nent.
Week. Britain.
Brif’n. France nent.
wool continues in demand at firmer prices.
Hops remain very Galveston
103,891 379,131
4,852 243,36) 31,87?
3,181
1,371
1,031.704
259,800
dull and prices quite nominal.
193,293
579,512
32,61\
5,240
8,911
18,440
New Orleans..
22,015
5,423
17,492
4,675
2,423
2,252
Ocean freight room was active early in the week at good
Florida
313.05*
rates; latterly and at the close the feeling is weaker, and busi
83,939 25,0'8 193,453
7,070
7,070
Savannah

fair cargoes,

•

•

•

.

......

»

•

'

,

-

•••••«

•

.

....

ness

dull.

Charter

room

is also

a

trifle lower.

Grain to-day to

Liverpool by steam 5%d.; cotton ll-64d.; flour 17s. 6d.@20s.;
bacon 30s.@32s. 6d.; cheese 32s. 6d.@35s.; grain to Hull by
steam 6^d.; do. to London quoted 7d.; do. to Glasgow 6}£d.;
do. to Bristol 6%@7d.; do. to Antwerp 4}^d.; do. to Newcastle
6Wd.; do. to Amsterdam and Rotterdam 9c.? do. to Havre 12c.;
rtffhed petroleum to Antwerp or Bremen 3s.; grain by steam
from Baltimore to Cork for orders (March) 5s. 3d.; do. by sail
from Philadelphia to Lisbon 13%c.




Charleston *...
Wilmington..
Norfolk*.
.....

•

•

•

••••«•

3,140

3,887
••••••

New York

9,348

Boston

3.919

Baltimore

3,579
1,600

Philadelp’a,Ac

••••••

•

.

« •

•

•

•

•

4,230

••••••

...

••••••

••••••

••••••

2,811
2,5'JO

.

9 673

3,837

107,294
45.778

24,775

308 675

••••••

12,153

316 609

20,991

3.979

102,517

.......

6,079
1,600

111,438

1,789

50,105

Total

46,2.25

15.033

25,332

86,595 1,971,897 303,836

Total 1881-32

62,295

730

16,871

79 290 1.459.223 245 928

*

Includes exports

^ Includes exports

•

•

•

«

-

•

2,303

....

•

from Port Royal, Ac.
from West Point. Ac

14O.05S

272,727

1,500
10,229

47,278
318,902
445,896

100.238
343

34.307

1,088

•

102,8<J0

147,534
51,883

857,179 3,137.982
543 223

8811SW

THE CHRONICLE

24, 1S83.J

rtrariKT

2 23
352A--

Tn addition to above exports, our telegrams to-night also give
the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
.

prepared for our special use by Messrs. Carey, Yale &
kinbert, 60 Beaver Street.

£

F8S.

23, AT—

Kew Orleans....

Mobile

Galveston
Norfolk
Hew York......
Other ports

Total 1883.

Total 1882

.....

Total 1881

©

a"

0Q
©

•

SD el-®

:

SS.?4

*d

On Shipboard, not cleared^—for
Great
J Other | Coast¬
1 Total.
wise.
Britain. j France. 1Foreign
26,129
6,450

12,962
2,200
None.

3,100

19,074
19,852
4,000

912
None.

15,714

2,100

3,552
2,396

None.

4,000

None.

850
700

None.

19,174

90,680
87,505
97,731

7,907
29,946

None.

91,215

12,354

71,614
69,889

Stock.

ft

CO

•

Ji

ft

*0

•

© •

4

89,568
11,200
17,405
22,100
39,252
24,348
4,850
4,700

1,350
1,280
3,200

7,375

Leaving

to
**

© ©
© ©

o

576

49,901
1,200
8,750
12,000

3,800

Cbarieston

jjavannali......

If

m

ft p

$

ire

|

P

9>

251,278
33,576
57,673

R

r’Pcsr

53,080
171.978
58,740

©

906,046
649,833

©O

2

^

M©
M CO

2

*

©

COoO
*»■

downward tendency of prices for cotton for future
(jelivery, noted at the close of our last report, continued
throughout Saturday and Monday. There was nothing to

©CD
toto

support values. The receipts at the ports remained large, there
was

better weather for field work at the South, the floods in the

approach of a close holiday, together with the considerable
decline that had taken place from the highest figure of the
previous week, prompted a demand to cover contracts upon
which there was a slight advance. But on Wednesday lead
ing operators for the rise were reported to be selling to close
up accounts and offerings were materially increased, under
which the improvement of Tuesday was more than lost. Yes¬

the

atl0 8-16c.
; Ike total sales for forward
delivery for the week are 375,800
Biles. For immediate delivery the total sales foot up this week

SH

for export, 1,615 for consumption,
631 for speculation and — in transit. Of the above, 600 bales
were to arrive.
The following are the official quotations for
elch day of the past week.
UPLANDS.
Sat,

Moil Toes

oHietOra..

I*16
8

Good Ord..

81316

8*

Sat.

7*5

77s

8%

9*4

77s

218i«
8*4
oil6
9*e

9*«

9316

8%
9*16

1?1ia

Wed

CtdlnV*!)
Bidet Ora..
Good Ord..

12

12

Th.

Tb.

7**16

Frt.

Wed

TH.

7

I do:

©CO
r

co

00-4

§

9*s

10*4

©

107i«

©

60-4

O'
-4

99

t

8%

io* 16 10*4

0

•a

9

10716

w

12

Sr

10

a

lok*

9**

9316

§?

'd

w

10%
11

10%
11*4

•

ll*e
12*4

12

STAINED.

a
•

Sat.

Vu

sar*~^'

9*4

•

8*4

«
•
t

Fri.

to

9*e

K

9*u
9*a

10

10*4
107U

10*4

107lfi

10%

10%

11

11

11

11*«
12*4

11*4
12*4

11*4
12*4

oS

2
1—«

7*8

7*e

7**16

Zl>
Z'l™
8^
8*8

8*8
97,fl

0

W

Th.

7*8

97jfl

7*516
8*8

97H

tO°M

i

*

7

©9

I d

MO»

©
k.

99

7

o©

^

©o

2

©

©

SPOT MARKET
CLOSED.

Ex¬

Hull and easier..
Jat._
Hon.

Quiet

Toes. Quiet
Wed. Dill

at

Con-

1,6 dee.

....

m

mmm

mm

’m

m

....

a? Duii::;.’.*;:::*'**

..

•

•

•

•

Total
....

Yimiaf/TTv.
to

that

on

whicn

du 1

250
427
295
303
Holi
340

1,615

Tran¬
Total.
sit.

500
....

....

28

day..

....

.

....

....

750 47,100
427 110,600
295
54,500
331
90,800

”410
m

m

300
500
300
300

m m

‘’40*6

2,243 375 800

1,800

ine aay pre-

or Futures are shown by the follow-

„^e prices of sales for

(nosing bids, in addition




Deliv¬
eries.

72,800

^cml)^e^e1183 Y© table. In this statement will
!

Sales.

3

*

Id:

HHltH

to to

° to

coco

©

<1

®

mm

l dr:

2

^

OiM

m©

r<

coot

99©9

mmOm

9909

toot

M M
-4©

°M
rfk

C©o©
©to
to©

99

M M co

M

©©O©

tbtb©tb

CO

o»©

o«

MM

h

7

o©

5
0

MM

1

toto

’■

I d

:

I dr:
M M ©

M M CO -

M
©oo©

oooc

MM°M

MM©wi

to

CO o*

M

c

7
8

I

d: :

»
M©M

d:

2
^

l «m;

©

►

©09

©

7

M©

©
HI

I d: :

^

MM

◄

2

toto

•

to to

! dr:
MMtO M

to

to

toto

MM

o©

MM

99

I d

:

9
©

7
©

99

2
*1

©ooo

©

9 | ©«
1 ©O*

>.

7

M

I I

©

©
1

1 d: :

1 1:
I

&

◄

I I

©

1

*1 j
ll:
1

1

3; :

1 1:

*

Includes 88les in September. 1882, for September, 500,200; September-October for Ootober, 845,600 ; September-November for November.

September-December for December, 1,097,400; September-

January for January, 2,070,200.

Transferable Orders—Saturday, 10-20c.; Monday, 1015c.; Tuesday.
10*20c.; Wednesday, 10*15o.; Thursday, 1015c.; Friday, 10‘zOc.
Short Notices for February—Monday, 10T4®10 06c.
ra1* We have included in the above table, and shall continue eaoh
week to give, the average price of futures each a ay for eaoh month. It
will be found under eacn day following the abbreviation “ Aver.” Ths
average for eaoh month for the week is also given at bottom of tabls.

....

100

628

FUTURB8.

Kiveu auove are aoiuauy ueuvereu
they are reported.

Pbicrs

in»

Spec-

port. sump. ul't’n

CO

►

◄

731.000;

8ALES OP SPOT AND TRAN8IT.

2

7

O'O'

N.

HJ

days.

91

►

MARKET AND SALES.

on same

5b

MM

HM®M

©

glance how the market closed

M

'Z

ft

©

9716

The total sales and future deliveries each
day during the
vwk are indicated in the
following statement. For the con¬
venience of the reader we also add a column which shows at a

fe-

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Btr.LV Mid 10 18
.

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Mon. Tne*

Sat.

to

MM

TEXAS.

Mon Taes

99ia
Low Midd’g 9^
10*16 10
8tr.LV Mid 10*16
10 14 10*16 10*4
Middling... 10*4 10«i« 103!6 10*« ^ 10^16
Good Mid.. !09i6 10*ii
10*fl
10*3i6 10%
Btr.G'dMid 101S16 10%
10%
llhs 11
Midd'g Fair 11*16 11*4 11*4 11916 11*«

Pair..!

*1
CD*

7*s

Str.G’dOrd

NEW ORLEANS.

(►O'

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terday was a holiday and our Cotton Exchange was closed.
To-day the opening was slightly lower, in sympathy with
Liverpool accounts, but this decline was recovered, and at the
close, in the absence of free offerings, there was some advance.
Cotton on the spot has met with very little demand except
from home spinners. Quotations were reduced l-16c. on Mon¬
day. To-day the market was dull. Middling uplands closing

Kb. 17 to
Feb. 23.

©

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the Mississippi River had began to abate,
and foreign advices were not encouraging. But on Tuesday

99©9

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i d

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MM

MM

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172,743
215,108

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733,614

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43,377

213,423

5,717
17,542

^<13.

3

63,912

©

.

S3

So

be found the

each month each day, and

to the daily and total sales.

The
14
49
11

pd.
pd.
pd.
67 pd.
50 pd.
27 pd.
42 pd.
13 pd.
56 pd.

following exchanges have been made daring the week.
to exch.
to exch.
to exeb.
to exch.
to exoh.
to exch.
to exoh.
to exoh.

is

100 Apr. for May.
300 Feb. for June.
100 July for Aug.
800 Mar. for Aug.
300 Feb. for June.
200 Mar. for May.
200 Mar. for June.
3,000 Mar. for Apr.
exoh. 200 Mar. for July.

•55
•13
•15
•28
•13
•53
•42
•73
•67

pd. te exch. 1.500 Mar. for July.
pd. to exch. 100 Mar. for April.
pd. te exoh. 100 May for June.
pd. to exch. 300 Mar. for May.
pd. to exch. 2,000 Mar. for Apr.
pd. to exoh. 200 Apr. for Aug.
pd. to exch. 200 Apr. for July.
pd. to exch. 500 Nov. for Aug.
pd. to exoh. 400 Mar. for Aug.

THE CHRONICLE.

221

is the receipt

At the Interior Towns the movement—that
for the week and since Sept. 1, the shipments for
the stocks to-night, and the same items for th -

corresponding
the following statement:

period of 1881-82—is set out in detail in

I

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Boston
Baltimore

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501,448 bales more than for the same time in 1881-2.

oi Cotton to-night, as made up by cable
as follows. The Continental srocks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are brought down

telegraph, is

to Thursday evening.
But to make the totals the complete
figures for to-night (Feb. 23), we add the item of exports from
the United States, including in it the exports of Friday only.
1883.

1382.

1881.

960,000
79,300

742,000

713,000

51,500

46,000

,039.300
21,000

13,200

759,000
5,000
28,800
31,900

540.655

38,000

793.500
2,600
39,100

1.500

412
1.400

1,083
884

1,002

3.400

158,000
3,670

129,000
4,580

46,000

39,000

29.300

48 500
1,182
23.747

8,200

4,500

3,000

1,500

4,100

4,330

3,910

846

280,200

271,212

237,454

129,207

Total European stooks.. ..1 .319.500 1,064.712
India cotton afloat for Europe. 143,000
246.000
Amer*n cotton afloat for Eur’pe 429,000
353.000
51.000
46.000
Egypt,Brazil,&c..aflt for EVpe
Stock in United States ports
947,037 1,078.789
Stock in U. 8. interior towns.. 292,907
327.630
United Stfttes exports to-day..
1.600
14,500

996,454

669,862
118,763
510.728

bales.

Tot al Great Britain stock

1

Stock at HamDurg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa

4,200

300

153.000

Stock at Trieste

Total continental stocks...

..

148.000

578,000
34,000
864,941

1880.
‘

511,000
29,655
3,o00
15.210
28.300

46 335

284.155

965.436
316.972

16,000

16,000

American—

C96.000

526.000

Continental stoefcs
American afloat for

182.000

178,000

429.000

353,000

Europe

United States stock
United States Interior stocks..
United States exports to-day..
Stttal American

947.037 1,073,789
292.907
327,630

1,600

14,500

556,000
185,000
578,000
1364,941
284,155
16,000

382.000
128,000
510.728
965,486

3X6,972
16,000

2,548,544 2,477,919 2,484,09G 2,319,186

Matt Indian,Brazil. tie.—

Liverpool stock

.

.

.

India afloat for Europe

Agjpt, Brazil, Ac., afloat..

.

.

.

264.000
79,300

216,000
51.500

98,200
143,000
46,000

246,000
51,000

93,212

635,500

657.712

157.000
46,000
52,454
148.000

129,000

34,000

46.335

437.454

324 960

29.655
1,207

118,763

2,548,541 2,477,919 25,484.096 2,319,136
Price Mid. Upl., Liverpool

.3,184.044 3,135,631 5 l,921,550 2.644146
6%1.
55s1.
6716d.

GPThe imports into Continental ports this week have been

indicate an increase in the cotton in sight
lo-night of 48,413 bales as compared with the same date of 1882,




103s
10^8
IOI9
93s

•«-«

0

a
;
•

93a

;
;

9<5q
93*
97a

•

following table

is

22.....

•1

29

0

(1

19

•I

28.
2.

Feb.

....

..

...

St'k at Interior Tovms. Rec'pts from Plant'ni

243,137 238,844 247,017 303,003
238,490 241,570 202.615 330 832
237,980 200 855 258.170 353.487
193,435 290,024 251,923 8*3.023

4! 5.599 291,370

9

133,723

41

18

140,539

u

23

13S,859

253,423 231.357 282,693

44T.530 299.52S 272.319 271.513 270,107
457.024 333,693 254,685 218,343'295.035

400.5C0'3 79,855

110.735 152.429 224.997 337.034 458.059
129,604 114 863 175,382 309,560 435,050
188,879 99.990 150.390 300,202 419,043
125,0:0 92,081 130.400 300.321 400,680
147429 95,067 171,310 317.800 390.019

EOo.QTS^lO,188

294.7*5
85.374 139,502 228.78®
380.24S 101.490 96,159 171.983
367,967 138,59 J 83,683 138409
383.047

350.749 122,129 74,024 119.189
347,523 158.674 84.090 168,090
81,779 165.368 313,837 380,528 343,584 I29.d94 77,238 161 J)29
72,031 148,130 312,550 373,454 320,790 145,252 03,957 129342
60,180 134.448 317.538 302.430 321,424 143,387 50,136'lC9 076

The above statement shows—1. That the total receipts from the
plantations since September 1, 1882, were 5,071,332 bales; in
1831-82 were 4,323,513 bales; in 1880-81 were 4,813,915 bales.
2. That, although the receipts at the out-ports the past week
were 134,448 bales, the actual movement from plantations was

only 129,075 bales, the balance being taken from the stocks at
the interior towns.
Last year the receipts from the planta¬
tions for the same week were 50,135 bales and for 1881 they
were

143,397 bales.

Amount

of

Cotton

in sight

February 23 —In the table below

give the receipts from plantations in another form, and
add to them the net overland movement to February 1, and.
also the takings by Southern spiuuers to the same date, so as to
give substantially the amount of cotton now in sight.
we

1882-33.

420

Total visible supply
3,184.044 3,135.631 2,921,550 2, 644,146
Of the above, the totals of American and other descriptions are as follows:

Liverpool stock

..

U

12

The Visible Supply

84,000 bal**8.
The above figures

978
978

18'
■a

•

’d0-’3l. *81-’32. ’82-’83' ’80-’81. ’31-’62. ’32-V-3.

»80-’81. »8l-»c2

8
15..

Jan.

creased daring the week 2,094 bales, and are to-night 34,723
bales less than at the same period last year. The receipts at
the same towns have been 28,723 bales more than the same week
last year, and since September 1 the receipts at all the towns

Btoekat Liverpool
Btoefcat London

978
978

,

Plantations.—The

Receipts at the Ports.

•fwllifcj—

The above totals show that the old interior stocks have de¬

and

93*

93*
93*
103g
10*8
10^
9*8
9^8
95r

RECEIPTS FROM PLANTATIONS.

Th\« yc ar'e tteures estimated.

are

93*
9*4
10*3
10*8
10 Lj
9*8

•

C3^*©X©'®Oii<-4^l©CJ<tO

to

at©

to

CO © *s) CO M ©

the

from

10

©CO©©^4©*~MM*0©'®lOtOM<y<y»©<©

©
—

978

10

95s

97e
978

•

9ll18

figures, of course, do not include overland receipts or
consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.

M

pi to-iwp
biCCMOO —©Ol

•

9»a

•

that these

Week
to

•

©OCO©MMOOaMC»3iMlOMMC-.b.CO--

CO
to

CO

•

93i
t‘ll 18

'

934

Southern

-qpCOCxM© W05©»©JOM©©©—^4^4©

© oolocn © Vj
OOMMOMMt
M oo © © c© I-CO
oo

©

93*
103q
10*8
10*3
9%
93*
93*

.

Fri.

.

than another at the expense of the interior stocks. We reach
therefore, a safer conclusion through a comparative statement
like the following. In reply to frequent inquiries we will add

to

©O’tccx-i^ia.tO © 4" C M © —

..

Receipts
s:

tOM COOl to CO

M to to ex —

9\
103s
10^6
10*4
9^8
9%

Thurs.

9L}

prepared for the purpose of indicating the actual movement each
W8ek from the plantations. Receipts at the outports are some¬
times misleading, as they are made np more largely one year

»-<tO
o4

cow^-bicr. ©to
O'CCQOOOCKOO
if-<1
05 -'l tO ©

O

913h

We dues.

93*
9%
93*

10
9 3*

10

Cincinnati...
Louisville....

?rS-

10

99*

Memphis....

toy

MM

10

93*
9*8
93*

St. Louis

M

Tnes.

9%

Augusta

to

C*

.

Mon.

93*

Philadelphia.

<

©1
x

10

Galveston....
New Orleans.
Mobile
Savannah....
Charleston...

Wilmington..

<31

©

Satur.

.

MW

M

CLOSING QUOTATIONS FOR MIDDLING COTTON ON—

ending

Feb. 23.

P *

M Cl ‘X ©I <J M O' CO © ©7l ©X M
loCCCvIC'IH-WtOODWOlrOO'-l©

M Cl (-1 © It. O' tO
cc

3 ®

increase of 252,494 bales as compared with the cones
ponding date of 1881 and an increase of 539,898 bales as com’
pared with 1880.
Quotations for Middling Cotton at Omer Markets—Tn
the table below we give the closing quotations of
middling
cotton at Southern and other principal cotton markets for
day of the past week.
an

3

^§r4i
SjjfF* pi fc:

'mToIc

p

©

? CSV”? s',

Q

la

^

■*

C?C§1§

5?

frt,

'ill I a §

tip,

-

£

S

C2i§?L go^
£
© c
ft

PgtjMO
2 £2.^® o ^
p P s«C t*r© 5?
® a Es a ® « m
«rrP
0^0 «
■

£

the week, and

[Vol, XXXVI,

1831-82.

1880-81.

1879-80.

Receipts at the ports to Feb. 23 4,766,333 1,006,508 1,535,165 4,201,320
Interior stocks on Feb. 23 in
excess of September 1

301,939

317,005

Tot. receipts from plantat’ns 5,071.332 4.323.513
Net overland to February 1...
472,320
337,278
Southern consumpt’n to Feb. 1
125,OX*
160,OX
Total in

sight February 23

..

278,750

326,024

4,813,915 4,527,844
374,919 400,534
110,000
100,000

•5,703,652 4.785.791 5,298,834 5,028,378

It will be seen by tbe above that the increase in amount in sigh. •
to-night, as compared with last year, is 917,361 bales, as compared witn
1880-81 is 404,818 bales and with 1879-30, 675,274 bales.

Weather Reports by Telegraph.—The weather during the
k has been wet and cold in Texas, and is still somewhat
of a hindrance to any crop operations there, but elsewhere it
has in general been fairly favorable. The Mississippi River
continues to rise, and at Memphis is now thirteen inches above
the danger line.
wee

Galveston, Texas.—It has been showery on four days of the
week, the rainfall reaching eighty-nine hundredths of an inch.
Dry weather is wanted badly. The thermometer has averaged
53, ranging from 32 to 74.
Indianola, Texas.—We have had showers on four days of

reaching fifty-five hundredths of an
frost and ice on two nights of the week.
Average thermometer 52, highest 76 and lowest 29.
Dallas, Texas.—It has been showery on two days of the
week, the rainfall reaching thirty-five hundredths of an inch.
The cold weather hinders work, but some crop preparations
are in progress.
Considerable cotton remains unpicked ana
will probably never be picked. The thermometer has ranged
from 19 to 79, averaging 48.
i ?
Brenham, Texas.—We have had hard rain on four days or
the week, the rainfall reaching one inch and twenty-one hunr ;
the week, the rainfall
inch. We had killing

dredths.

The roads

are

in bad condition and very

little wor*

doing. ‘Average thermometer 53, highest 79, lowest

27.

JiBBUAEY

THE CHRONICLE.

24, 1883.]

225

;

Palestine, Texas.—It has rained hard on four days of the
India Cotton Movement from all Ports.—We
have during
Week the rainfall reaching one inch and twenty-four hun¬ the
past
year
been
endeavoring
to
rearrange
our
India
service*
dredths. There is not much doing, and very little prospect of so as to make our
reports more detailed and at the same time
ver picking the remnant of cotton in the fields.
The ther¬ more
accurate.
Hitherto we have found it impossible to
mometer has averaged 48, the highest being 72 and the lowest out of our
keep
as cabled to us for the ports other than
figures,
23
"
Bombay, cargoes which proved only to be shipments from one:
Huntsville, Texas.—We have had hard rain on four days India
port to another. Th8 plan we have now
of the week, the rainfall reaching ono inch and twenty-five
have reason to believe, will relieve us from the adopted, as we
danger of this
hundredths. We need dry weather very much. The ther¬
inaccuracy and keep the totals correct. We first give the.
mometer has ranged from 25 to G5, averaging 45.
statement for the week and year, bringing the
Weatherford, Texas.—It has rained on two days of the Bombay
figures:
down to February 22.
week the rainfall reaching thirty-five hundredths of an inch.
BOMBA.Y RECEIPTS AMD
SHIPMENTS FOR FOUR YEARS.
We had killing frost and ice on three nights during the week.
i
Everything is hindered by the bad roads and cold weather.
Shipments this week.
Shipments since Jan. 1.
Receipts. ’
The thermometer has averaged 47, the highest being 79 and
Year Great Conti¬
Qi'cal
Conti¬
This
Since
the lowest 18.
Total.
BriVn. nent.
Total.
Britain
nent. *
Week.
Jan.l.
Belton, Texas.—We have had no rain during the week, but
14.<00
11,000 06,000 100,000
unseasonably cold weather. Some plowing is progressing, but 1883
166,000 66,000
332,000:
lsa‘2 -.2,000
22,000 155.000 74.000
229,000 59.000
344,000
very little picking i3 being done.
The thermometer has 1881
5,66*6 5,000 40.000 60,000 IGm.OOO 35,000 204.000
1880 13.6*00 11.000 27.000 47,000
ranged from 21 to 77, averaging 49.
67.000
114,000 33,00o
190,000
Luling, Texas.—We have had showers on two days of the
According
to
the
foregoing,
week, the rainfall reaching ten hundredths of an inch. The
Bombay appears to show an
increase compared with last year in the week’s
ground is rather wet to plow, but some is being done. Aver¬
receipts of 7,000
bales, and a decrease in shipments of 8,000 bales, and the
se thermometer 47, highest 66, lowest 28.
since January 1 show a decrease of
°New Orleans, Louisiana.—It has rained on three days of shipments
63,000 bales
The movement at Calcutta, Madras and other
India ports for tljLe
the week, the rainfall reaching ninety hundredths of an inch.
last reported week and since the 1st of
The thermometer has averaged 57.
January, for two years,
has been as follows. “Other
ports” cover Ceylon, Tuticorin
Shreveport, Louisiana.—The weather was clear from the
'
18th to the 20th inclusive, but the remainder of the week has Kurrachee and Coconada.
i
been cloudy, with rain and sleet. The rainfall reached two
Shipments for the week..
Shipments since January 1.
inches and forty-seven hundredths.' The thermometer has
Great
Conti¬
Great
ranged from 25 to 77.
OontiTotal.
Britain.
Total.,
nent.
Britain.
nent.
Ucksburg, Mississippi.—It has rained on one day of the
.

<

-

week. We had heavy sleet on Saturday.
Columbus, Mississippi.—We have had rain on one
day of
the week, the rainfall reaching forty-six hundredths of an

inch

n

Little Rock, Arkansas.—The weather has been clear
three days, and the remainder of the week has been

on

cloudy.

Calcutta1883

2.000

1882

1,000

3,000

3,500

38,000

2,500

6,000

8,000

46,500

46,000

18,700

65,200

800

800
900

4,000

800

3,500

4.8<to

2,000

5,500

Madras1883
1882
All others—
1883
1882

900

••••v

600
600
4,000
The rainfall readied one inch and
2,000
6,000
fifty hundredths. Average
8,100
4,300
12,400
thermometer 41, highest 68 and lowest 17. We had
cl>udy Total allweather all of last week, with rain on four
days, the rainfall
1883
2,000
2,400
4.400
46,000
10,800
reaching one inch and seventy-seven hundredths. The ther¬
56,800
1882
4,400
2,5<0
6,9 >0
58.100
25.000
33,100
mometer ranged from 35 to 70, and
averaged 50....
The
above totals for the week show that the movement
Memphis, Tennessee.—It has rained on three days of the
from
week, on one of which we also had sleet and snow. The rain¬ the porta other than Bombay is 2,500 bales less than same
fall reached one inch and
twenty-eight hundredths. The week last year. For the whole of India, therefore, the total ship¬
weather at present is cloudy and
threatening rain. The river ments since January 1, 1883, and for the corresponding periods
is now thirteen inches above the
danger line, and is still of the two previous years, are as follows:
rising. The thermometer has ranged from 22 to 79,
EXPORTS TO EUROPE FROM ALL INDIA.
averaging
43,
.

Nashville, Tennessee.—We have had rain on four
days of
the week, the rainfall
reaching two inches and two hun¬
dredths. The thermometer has
averaged 45, the highest being
77 and the lowest 22.

Mobile, Alabama.—It has rained severely on one
day and
showery on one day of the week, the rainfall reach¬
ing one inch and twelve hundredths. To-day i3
rainy. The
thermometer has
has been

1883.

&h.ivment8
to

all

Europe
from—

This
week.

Bombay

14,000

All other p’rts.

Total

1882.

Since
Jan. 1.

1881.

This
week.

Since

This

Jan. 1.

week.

Since
Jan. 1.

4,400

166,000
56,800

22,000
6,900

229,000
83,100

13,000

109,000
98,500

13,400

222,800

28,900

312,100

18,000

207.500

5,000

averaged 55, ranging from 37 to 78.
This last statement affords a
very interesting comparison of the
Montgomery,
Alabama.—We nave had rain on three
total movement for the three
days
of the week and the
years at all India ports.
remainder of the week has been
pleas¬
ant. The rainfall reached one
Alexandria Receipts and
inch and sixteen hundredths.
Shipments.—Through
It is raining
to-day. The thermometer has ranged from 38 to we have made with Messrs. Davies, Benachi & Co., arrangements
of Liverpool
81, averaging 55..
and Alexandria, we now receive a
weekly
cable
of
the
movements
of cotton at Alexandria,
Selma, Alabama.—It has rained on two
Egypt. The following are the receipts
days of the week and shipments
and the remainder of the
for the past week and for the coi
week has been pleasant.
The rain¬ of the
responding week
fall reached one inch
previous two years.
and sixty-five hundredths.
Average
thermometer 65, highest 77 and lowest 34.
'

•

Madison, Florida.—Telegram

not received.
Maeon, Georgia.—The weather has been warm and
dry dur¬
ing the week. It is now
raining. The thermometer has
ranged from 34 to 76,

Alexandria, Egypt,
February 22.

1882-83.

188L-32.

1880-81.

.

averaging 56.
Columbus, Georgia.—We have had rain on one
day of the
^Mhe rainfall reaching seventy hundredths of
an inch.
>ne thermometer has
averaged 58, ranging from 41 to 74.
Savannah, Georgia.-r-It has rained on two
days of the
eek, and tire remainder of the
week has been
ne rainfall
pleasant,
reached forty hundredths of an
inch. The therometer has
ranged from 39 to 80, averaging 59.
amYfQUsta, Georgia.—We have had light rain on one day,
remainder of the week has been
pleasant. Average
thermometer 57, highest 82 and lowest
35.
Atlanta,

Georgia.—Telegram not received.

dav!l^Jr}^s^on% ^outk Carolina.—We-have had rain
1 Si? wee^’ tlie rainfall reaching seven hundredths of
iil6 ^ierLaomet;er bas averaged 57, ranging from
on

inch
to 78

Bhnwfn!???W1in^
February‘l?

we

Receipts (cantars*)—
This week....
Since

This
week.

Since

45,000
This
week.

Since

Sept. 1.

This
week.

1,500 201,500
61,000 12,130 136.338;

8.361

Sept. 1.

To Liverpool
To Continent

13.000 199,000

2,000

Total Europe
*

15.000 260,000

8

mark

1871,

of
or

*—Above low-water

Manchester

Market.—Our report received from Manchester
to-night
states that the market is dull and depressed
at slightly
39 lower
prices. We give the prices of to-day below, and
leave
previous weeks’ prices for comparison.

an

mark.

Above low-water rrur.-k.

Feet.
4
34
27

18
40

Inch.
1
3
2
9

0

Feet.
1
34
31
31
44

Inch.'
11
11
iO

3
5

•

below high-water mark of 1371 until
atm.;i Vren
zero °f £au&e v*as changed to high-water
6-10ths of a foot above
o ieet 5i?U(^ i6’ 1874> which
above low-water mark is
at that point.




ending
Europe

have also received by telegraph

-.Below high-water mark
Above low-water mark.
Above low-water mark.

j

81,438

13,680 338.338 16,361 251,438

15,000 bales.

of thejivers afcjbhe points named at 3 o’clock

Bept.l) hw?1*

8,000 173,000

This statemeut shows that the
receipts for the week
Feb. 22 were 40,000 cantars and the
shipments to all

1882-83.
32s Cop.
Twist.

Feb. 2 2, '83. Feb. 23. ’82.

Naahvillft
fhrevenort*
Vlcksburo-

Since

Sept. 1.

A cantar is 98 lbs.

1881-82.

C3

Memphis

60,000
2,490.000

2,617.000

Exports (bales)—

were

one

40,000
2.121,090

Sopt. 1

d.

d.

Dec.22 87e *3
29

8laio- 971B

8*4 lbs.

Shirtings.
«.

d.

6
6

l*s37

Jan. 5 8% 3 933 6
“
lv *5g a> 914 6
“
19 s&a *3 9j4 6
it
8 s4
«)34 6
Feb. 2 334 3 95g 6
“
9 8-4 3 O5*;6
“
16 Si "4. 'ft 9
5 1
i<
oo

Q Tv,

O

flq ",

r.

Oott’n
Mid.

32* Cop.

Upl Is

Iwist.

d

d.

d.

8*4 lbs.
Shir ling 8.

d.

s.

1*237

7*2
7*2

51316

1
0

37

7
6

93a 310
93a 310

Mil*

0

37
7
37
37
37

6
6
6
6
G
6

4 V)

•»

‘1

93a ®10
93s a 10
9*2 310
9*2 3 10
6
93g 310
93s 310
6
930 3 9 7r 6

Id
0

0
l

1 t~\

37

4*2
6
6

6

511iB
550

55a
•5* lift
olllG
55a
-

fio

'>7C

a

d.
r.
6 *33
6

38

6 *33
6 38
7*233
7*2 #8
6 '38

d.

0
0
0
0
0

0

6
5

0
33
0
37!0L>

0

sit-

im0

OotVn
Mid,.

TJplde
d.

6il16
6Hia
6»,1q
6iii8
65a
f>5a
6

67ls
‘•7!“

Fi

1HE

226

OilADNIGLE.

1882.—It is with great gratifica¬
tion that we are able to call attention to the accuracy of our
weekly report of the India cotton movement. Our readers
know the difficulty we have had in perfecting this service, and
this week we have received mail returns for all the ports during
1S82, which show such a close agreement with our report, as to
encourage us to believe that we have attained what neither
Europe nor America has before secured, a perfect weekly record
of India’s cotton shipments. Our report for the year we pub¬
lished in the Chronicle of January 6, and we now reproduce it
that it may be compared with Messrs. Wallace & Co.’s

LVol. XXXu

Iir.0iA Cotton Supply nr

report, which was not published in Bombay until January 19
and has only been received here this week. The following was
the Chronicle’s annual statement given, as stated, January 6»

Tot. Jn.31 4,267,300
Feb. 1....
21,924
3....

30,723
20,977

22,348

4....

S.

10,059

44

5....

S.

44

6....

16,697

8.

44

14,970

20,763
23,485
18,721
17,049
27,674
29,688

44

2....

41
41

34.

7....

14

8....J

23,033

44

9....

40,547

4410....

18,730

12,207
13,350
19,496

8.

10,622

.

12....

4413....
-

Exportt to—

Exported from
Gt. Britain.

44

14....

44

15....

44

16....

'

Total.

Continent.

4417....
Bombay1882 (bales).
1881 (bales).

801,000
376,000

Calcutta—

617,000
40,000

158,000

3M00

153,40'J

69,800
26,700

8,500

78,300

3,000

29,700

60,000

20,000
9,400

80,000

720,500
665,800

1.769,300

118,000
117,000

1882 (bales).
1881 (bales).
Madras1882 (bales).
1881 (bales).
All Others—
1882 (bales).

26,600

1881 (bales).
All Ports—

1,048,800

1882 (bales).
1881 (bales).

546,300

Messrs. Wallace & Co.,

Bombay
Kurrachee....
Carwar
Calcutta

1,212,100

facts :
-

1882.

Great

Conti¬

Britain.

nent.

.

36,000

under date of Bombay, January 19,

publish the following covering the same
Exported from

1,453,000
993,000

652,000

nent.

35,040
80

323

Madras
Tuticorln
Coconada and

72,4771
17,002

7,696
2,400

80,173
19,402

Masulipatam

13,029

21,263

243

Total bales. 1,042,621 733,815

36,380

155,372 116,970

120,332

34,292

26,674
7,444

Total.

153,350

60

60

3,012

29,686

8,799

6,325

19....

44

20....

27,754
20,859

44

21....

17,739

44

22....

15,316
35,649

reports ; that Calcutta differs only 2,628 bales; that Madras dif¬
fers only 1,873 bales; and in the total movement from India

statements vary only 262

bales.

8.

Percentage of

port reo’pts

20,354
15,208

23,729
38,o64
23,999
23,378
25,634
24,175

35,541
20,000
22,343
16,653
22,806

8.

15,100

15.582

8.

34,438
12,915
18,057
17,632
25,523

21,048

,

23,239

-

8.

18,058
14,386
21,994

26,277
15,760
16,873

S. *

29,598
16,652

8.

8.

S.

34,476
19,174
22,370

20,967

26,965
23,264
20,075
14,800
19,886

13,249

33,559

8.

28,820

30,281
16,474
14,837
14,650
20,245
14,219

16,663j
20,96(J

11,730
19,408
24,159

8.

13,298
8.

18,684

total
76-16

84-58

Feb.23

-

84 09

82-74

8049

This statement shows that the receipts since Sept. 1 up to
to-night are now 773,934bales more than they were to the same
day of the month in 1882 and 292,741 bales more than they weie
to the same day of the month in 1881.
We add to the table
the percentages of total port receipts which had been received to
February 23 in each of the years named.

from New York this week show an
with
last
week, the total reaching 12,159
increase,
compared
bales, against 11,409 bales last week. Below we give our usual
table showing the exports of cotton from New York and their
direction, for each of the last four weeks; also the total exports
and direction since September 1, 1882, and in the last column
the total for theName period of the previous year
Exports of Cotton (bales) from New York since sept. 1.1882.
—

Exported to—
Liverpool

Other British ports
Total to Great

&c.—Bagging has continued to be
taken in small parcels to a fair extent, but large orders are still
lacking, and though a fair an«punt of stock is being disposed of
Jute Butts, Bagging,

quiet appearAce. Prices are pretty steady and
asking 6%c. for 1% lbs., 7>£c. for 1/4 lbs., 8%c. for
lb., and 9c. for standard grades. Butts have gone off in

Feb.

Feb.

1.

8.

since

period
previ’us

Sept. 1.

year.

Total

Ftb.
15.

Feb.
22.

7,795

8,968

8,195

9,348 313.243 222,877
5,987
3,426

7,795

8,968

S,195

9,348 316,669 228,864

241

273

995

20,891 17,631

241

273

995

1,096

700

”201

‘*749

i‘,419

601

1,845

2,119

...

Britain

Havre

100

Other French ports
Total French
Bremen and Hanover

....

Other

ports

Total to North. Europe

Bpain, Op’rto, Gibralt’r,&c
All other

400

.

20,991

1,200
1,136
400

Total Spain,

&c

33,764 26,479
24,589 13,355

43,578

75

‘*200

‘Too

200

100

17,631

4,479

2,736 101,931 44,313

a

are

Same

c

Week ending-

Hamburg

the market has

28,495
19.795

39,774
17,936

12,725
13,626
5,341
5,712

1,776,436 543,438 678,381 1,221.819

ports other than Bombay the two

8.

4,766,393 3,992,459 4,473,652 4,138,169 3,739,815 3,498,924

Total

15,124

by comparing these two statements, that our
total for 1882 for all India is within 7,000 bales of the mail

2

9,389
16,183

36,304

22,580

21,929
11,289

28,391
10,070
18,579
20,037

7,444

It will be seen,

holders

9,647

3,269,740] 3.089,246

8.

8.
•

10,750

1877-78.

as

796,556 663,368 1,459,924 373,175 629,588 1,002,763
542
13,392
12,850
26,950
3,968
22,982

Kan go on

18....

44

23....

15,440*

8.707

B.

44

3.

25,147
26,599
23,150
21,200
31,304
17,131

44

1878-79.

The Exports of Cotton

1881.

Conti¬

Great
Britain

Total.

12,592
11,049

35,832
26,686
18,808

4411....

1879-80.

3,741,549 4,025,800 3,768,011
22,962
13,075
21,769
27,938
26,031

41

page

1880-81.

1881-82.

1882-83

75

4,790

837
2C0

7,307

1,0V

2,517

291,845
8,837 11,086 11,409 12.159 446,898

Grand Total

price since our last, and there have been sales to the extent of
The Following are the Gross Receipts of Cotton at New
8,000 bales various grades at l%@2^c. There seems to be a York, Boston, Philadelphia and Baltimore for the past week,
better tone at the close, and sellens are asking 2c. for paper and since September 1,1888:
grades, while bagging qualities are held # 2^c.
Baltimore.
Philadelphia.
Boston.
New York.
Comparative Port Receipts and Daily Crop Movement.—
Since
Receipts
This
Since
This
This
Since
This
Since
from—
week. Sept. L
A comparison of the port movement by weeks is not accurate
week. Sept. 1. week. Sept. 1. week. Sept. 1.
as the weeks in different years do not end on the same day of
4,896
the month. We have consequently added to our other standing N. Orl’ans 7,826 157,206
4.874 124,479 1,450 12,229
Texas
tables a daily and monthly statement, that the reader may
2,133 70*642
Savannah 5,333 175,433 1,779 56,843 ‘‘1*56 12,09*9
constantly have before him the data for seeing the exact relative MoWle...
*1*83
movement for the years named. The movement each month
8,807
Florida..
604 16,867
428 7,621
896
S.Car’lina 6,603 134,119
since September 1, 1882, has been as follows:
560 15,594
1,028
39,999
N.Car’lina
84.358
2,277
35*641
—*—«
2,iii
45,834
205
Virginia.. 8,871 166,465 2/385
99,486
5,152
North, pts
S6.U6
Year Beginning September 1.
i‘,321
45*747
Monthly
i‘,2*6*9
Tenn.,&c. 1,652 108,368 4,286 113,925
•••

••*

‘

.!••••

■Receipts.
Bept’mb’r
October..

1881 82.

1882-83

326,65$
980,584,

Novemb’r 1,094,697

Deoemb’r 1,112,536

January.

75*2,827^

.

1880-ai.

429,777
4918,478
853,195 968,318
974,043 1,006,501
996,807 1,020,802
487,7-2? 571,701

1879-80.

333,643
888,492
942,272
956,464
647,140

1876-79.

288,848
=

689,264
779,237

893,6641
618,727

1877-78.

98,491
578,533
822,493
900,119
689,610

Totalyear 4,267*800 3,741,549 4,025,800 3,768,013 3,2^9,740 3^089,246
Pero’ta#e of tot. port
receipts Jan. 31.




.

79-27

68-53

75-34

7352

7108

Foreign..

191

1,921

This year. 36,561 916,797 15,002 334,109
Last year. £9,882
*

936,158

10,234'306,009

3,964

*

578 67,357

101,108
Shipping News.—The exports of cotton from
States the post week, as per latest mail returns,
101,782 bales. So far as the Southern ports are

0*900 223/782
3,285 168,572
..

the Uai
have reac
concerned, ti
the same exports reported by telegraph, and puphJJ®
the Chronicle last Fjfday. With regard to New York,

are

,

FEBRUARY

THE CHRONICLE

24, 1883. J

Include the manifests
night of this week:

of all vessels cleared

up

to Thursday
Total baietm

York—To Liverpool, per steamers Adriatic (additional)
..City of Berlin, 2,250—Herschel, 1,003
Lake

346

l,695....Pavonia, 4,054

Huron,

To Bremen, per steamer Elbe, 1,200
To Hamburg, per steamer Polaria, 1,136
To Antwerp, per steamer Waesland, 400
To Oporto, per brig Cydaline Bernard, 75

9,348
1,200
1,136
400
75

.*•

Orleans—To Liverpool, per steamers Andean, 3,870....
Catalan, 2,912
Counsellor, 4,162
Explorer, 3,250
Puertoriqueno, 3,875.....per ship
Good Hope, 3,675
Saturius, 2,473
24,217
To Havre, per ship Riverside, 4,475
per bark St. Julien,
3,867
8,342
To Rouen, per steamer Palm Branch, 1,001
1,001
To Dunkirk, per steamer Ingram, 200
200
To Barcelona, per barks Joven Narcissa, 1,227
Sincero,
1,599
,
2,826
To Genoa, per bark Ergo, 2,052
2,052
To Trieste, per bark Ebenezer, 1,840
1,840
To Vera Craz, per steamer Chase, i,100
1,100
phableston—To Sebastopol, per steamer Coventina, 4,501 UpNrw
a

land
To Barcelona, per

4,501

bark Cristina, 1,560 Upland
1,560
Savannah—To Liverpool, per bark Boritely, 2,509 Upland
2,509
To Bremen, per steamer Elsie, 7,662 Upland
7,662
Texas-To Liverpool, per steamer Australian, 6,137
per
barks Agder, 1,507
Zanrak, 1,923. 11,965
Stavanger, 2,398
To Bremen, per steamer Tunis, 3,400
3,400
To Cronstadt. per bark Mizpah, 1,363
1,363
To Genoa, per bark Success. 1,123
1,123
per
ship
Northumbria,
4,903
Norfolk—To Liverpool,
4,903
To Genoa, per bark Alice, 2,700
2,700

Baltimore—To Liverpool, per steamer Juana, 558
Boston—To Liverpool, per steamers Norseman, 1,634
Pales¬
tine, 1,667
Philadelphia—To Liverpool, per steamers British Queen, 1,500
....Illinois, 1,000
Total.

The

form,

3,301
2,500

.101,732

-•

,

558

particulars of these shipments, arranged in onrmsnal
are as

follows:
Bremen SebasRouen
and topol <£
Livsrdt Dun¬ Ham¬ (Jron- Barccvool. Havre.
kirk.
lona. Genoa.
burg. stadl.

New York..
9,348
N. Orleans. 24,217
Charleston
Savannah..
2,509
Texas
11,965
Norfolk....
4,903
Baltimore..
558
Boston

3,30i

Fhiladelp’a

2,500

2,336
8,342

1,201
••••••

Total

12,159

••••••

2,826
1,560

2,052

4,501
......

......

......

......

7,662
3,400

1,363

1,123
.2,700

41,578
6,061
10,171

17,851
7,603

Liverpool.—By cable from Liverpool,

we have the following
sales, stocks, &c., at that port. We
add previous weeks for comparison.

statement of the week’s

Feb. 2.

Sales of the week
bales.
Of which exporters took
Of which speculators took..
Sales American

Feb. 16

Feb. 23.

72.000

53,000
9.400
6,100

346,000

9,000
9,800
44,000
5,500
33,000
862,000
604,000
103,000
76,000
340,000

289.000

275.000

Actual export
Forwarded
Total stock—Estimated
Of which American—Estlm’d

48,000
851,000

Total import of the week
Of which American
Amount afloat
Of which American

119,000

595,000
135.000

44,500
5,700
3.100

34,500

102,000
83,000

29,500
7,500
26,000
960,000
696,000
143,000
112,000

354,000
285,000

286,000
203,000

10,000
30,000

886,000
633,000

The tone of the

Liverpool market for spots and futures each
day of the week endiug Feb. 23, and the daily closing prices

of

spot cotton, have been

\

Market,

Dull.

$

12:30p.m

follows.

Tuesday.

Wednes.

IhurscTy.

Dull.

Dull.

Easier.

Easier.

Friday.
Dull
and
easier.

->

Mid Upl’ds
fldid.Orl’ns

558

55a

5®8

51316

55s

5l3i6

51316

51318

7,000
1,000

8,000
1,000

Sales

8peo.&

as

Saturday Monday.

Spot.

6,000
1,000

exp.

10,000
2,000

55s
5^

5«t
5%

10,000

8,000
1,000

1,000

I utures.

{

Market,
12:30p.m.

j

Market,

?

5 P.

J

M.

Dull.

In buyers’
fayor.

Very dull.

Flat.

Dull
and
easier.

Easier.

Dull.

Dull.

Flat.

—

Dull.

Quiet.

The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. Theso
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.

C&*The prices are given in
and 6 03

means

558

Below we add the clearances, this week, of vessels carrying
cotton from United States ports, bringing our data down to the
latest mail dates:
GALVESTON—For Bremen—Feb. 16—Bark Lena, 1,450,
New Orleans—For Liverpool—Feb. 17—Steamer Governor, 5,202

Feb. 9.

71,000
11,500
8,100
43,000
6,400

....

pence and

6Uhs, thus: 5 62

Open High

February...

Low. Clos.

d.

d.

d.

....

....

»

5 43

Feb.-Mar...

means

5 62-644..

6 3-644.

Sat., Feb. 17.

3,301
2,500

Total... 59,301 8,342 1.201 13,398 5.864 4,386 5,875 101,782
Included in the above totals are, from New York to Antwerp, 400
bales and to Oporto, 75 bales; from New Orleans to Trieste, 1,840 bales,
and to Vera Cruz, 1,100 bales.

227

5 42

,

Feb* 19*

Open High

•

5 42

....

5 43

Low. Clos.

d.

d.

d.

d.

5 42

5 42

5 42

5 42

5 42

542

5 41

5 41

d.
•

Tnes., Feb. 20.
Open

High\Low.

d.

d.

d.

....

....

•

542

•

Clos.
d.

•

•

....

5 42

5 42

sa

,

•

•

Feb. 19—Steamer Alava, 4,250
Feb. 20—Steamer Rita, 3,010.
For Havre—Feb. 17—Steamer Provencla, 2,198
Feb. 19—Steamer

Deronda, 2,874.

Maria, 660.. Feb. 20—Brigs Frasquita, 552; Jaimie Millet, 735.
Wilmington—For Liverpool-Feb. 19—Brig Alaska, 1,800
Feb. 20—
A nrori
2 (T8 7
Boston—For Liverpool—Feb. 15—Steamer Iowa, 1,409
Feb. 17Steamer Victoria, 10
Feb. 19—Steamer Illyrian, 2,560
Feb.
20 -Steamer Atlas,
Baltimore—For Liverpool—Feb. 20-Steamer Circassian, 1,200....Feb.
21—Steamer Vesta, 2,379.
For Antwerp—Feb. 17—Steamer Hermann, 2,500.
Philadelphia—For Liverpool—Feb. 21—Steamer British Prince, 1,600
Below we give all news received to date of disasters to vessels
.

carrying cotton from United States ports, &c.:

Knight Templar, steamer, at Sebastopol, from
Charleston, before
reported. The fire broke out in the lower main hold of steamer
Knight Templar (Br.), containing 400 bales cotton, but the fire
was

got under control; cotton damaged by fire and water; ship
uninjured.
Morro Castle, steamer, Penniugton, at Charleston, for New York,
was
burned at her pier at Charleston, about 2 A. M. of the 21st. The
lire originated in the after
part of the saloon, from what cause is
not exaotly known.
The vessel and cargo will be a total loss.
She had on board 1.200 bales of
cotton, naval stores and other
goods, valued at about $100,000, which were nearly all covered
by insurance. The Morro Castle was built in 1864 and was 1,680
tons gross burden. She cost about
$195,000 and was insured.
heto, steamer (Br). from Galveston for
Liverpool, before reported,
wkich put into Key
West, Feb. 4, after being ashore, was repairing,
caulking. <fcc Feb. 14 ; about 250 bales of jettisoned cotton from
the
,

Neto have been

picked up.

Satur.

Jfon.

Tues.

Wednes.

Uverpool, steam d. 1164®14 ll64^14 ll64®14 ll64® *4
Do
sail...d. ll64~1664 ll64“1564 llb4
1Be4 1164 1564
Do

sail..

Bremen, steam.
Do

sail

,c.
c.

Hamburg, steam.d.
Do

sail...d.

W

716*

716*

*16*

....

....

....

....

17S2*
•

•

• 9

1733*
m

m

m m

H*

V

•

m mmm

•

••*

*732*
....

sail...d.

Do

sail

c.

....

•

•

• •

Haroelona.steam.c. 131«@78*
PoQoa,steam

...d.

^Compressed.




....

V

V

....

«

•

•

•

5 43

5 43

5 42

5 42

5 42

5 42

542

5 42

5 42

5 42

5 45

5 45

545

544

5 44

544

5 44

5 44

5 44

5 44

544

5 49

5 49

5 48

5 48

5 48

5 48

5 17

5 47

5 48

5 48

5 47

5 47

June-July.. 5 52
July-Aug... 5 58
Aug.-Sept.. 5 60
Bept.-Oct...

5 52

5 51

5 51

5 51

5 51

5 50

5 50

5 51

5 51

550

500

5 56

5 55

5 55

5 55

555

554

5 54

5 55

555

554

0 54

5 60

5 59

5 59

5 59

5 59

558

5 55

5 59

5 59

5 53

058

May-June..

1733*

«
•

•

•••

....

*8*

3s*

....

mmmm

78*
V

o

w

....

•

•

5 48

Oct.-Nor....

....

5 48

....

5 48

...

548

Wednes., Feb .*1.

....

5 47

•

•

•

.

5 47

....

5*7

....

d.

Feb.-Mar..

d.

43 '5 42

542

d.

d.

5 42

542

....

•

•••

....

5 47

Thurs., Feb. 22.

Fri., Feb. 23*

Open High Low. Clos. Open High Low. Clos.
February... 5

....

d.

d.

d.

d.

....

....

...

....

Open High Low. Clos.
d.

d.

d.

5 40

5 40

5 40

540
539

'

d.

5 42

5 41

5 41

•

5 40

5 40

5 39

Mar.-April.. 542i 5 42
Aprll-May.. 5 45 5 45
May-June.. 5 47 5 47
June-July.. 5 51 5 51

5 41

5 41

5 40

5 40

5 40

5 4#

5 40

5 40

5 39

539

5 44

5 44

5 44

5 44

5 43

5 43

5 43

5 43

5 42

5 43

5 47

5 47

5 47

5 47

5 48

5 46

5 46

5 46

545

5 45

550

5 50

5 50

5 50

5 49

5 49

5 49

5 49

548

548

July-Aug...
Aug.-Sept..

....

....

....

•

•

554

5 54

5 51

554

553

5 53

553

5 53

553

5 53

5 02

5 52

5 58

558

558

558

5 58

5 58

5 57

5 57

5 57

5 57

556

506

Sept.-Oct...
Oct.-Nov....

...

•

•

•

•

....

....

•

•• •

.

...

«...

....

«...

545

....

5 45

....

545

....

545

BREADSTUFFS.
Friday, P. M.. February 23, 1883.

Flour

•

•

was

was

»

mmmm

....

•3

••••

•

very firm in the fore part of the week, when wheat
advancing and holders were encouraged by quite a good
demand, but later, when wheat became depressed and the de¬
mand fell off, prices showed more or less weakness. The sup¬
Fri.
ply is not considered excessive, however, and of some grades of
ll64'®14 both
spring and winter is in fact light. To-day the market
“e4-15«4
was quiet, but steady.
7I6*
Wheat has been less buoyant, and has shown a decline of 1
to
2 cents. The speculation has continued on a large scale,
1732*
the sales daring the week approximating 32,000,000 bushels,
but there has been only a fair export trade. The gradual sub¬
sidence of the floods in the Ohio Valley, and the decline in
prices, both at the West and abroad, have tended to weaken the
V
market here, though sales to realize have also contributed to
•

•

'TS

1S16®V
V

Thurs.

•

Amat’d’m, steam.c. 14'®932* ^^aa* S4®®32*
Do
Baltic, steam.... d.

5 44

April-May. 5 45

•

For Barcelona—Feb. 16—Barks Galof re, 500; Pedro Gusi, 400.
Mobile—For Liverpool—Feb. 17—Bark G. S. Penry, 2,252,
Savannah—For Amsterdam—Feb. 19..Steamer Norfolk, 5,700.
For Uddervallo, Sweded—Feb. 20—Bark Pudel, 1,336.
Charleston—For Havre—Feb. 19—Bark Crown Jewel, 2,303.
For Barcelona—Feb. 16—Bark Hebe, 1,160
Feb. 19—Brig Joven

Ham, steam....c.

Mar.-April.. 544

•

mmmm

'

....

•

•

....

isi6«V

•

V

•
•

IS16'®78*'
V

this result.

Cash wheat has been under better control than

options, and has at times been very sparingly offered.
the market was
lower s No. 2 red sold at $ 1

To-day
23

THE CHRONICLE

228
for

February; $1 22%@1 23% for March ; $124%@1 25% for

25%@1 26% for May, and $1 26%@1 26% for June.

April;
Indian
keen

has declined 2 to 3 cents, and, while there have

corn

large transactions in options, the trading for export has

been moderate. The lightness of the foreign trade, however,
has been largely due to the fact that the New York supply is

«dy about a quarter of that held here at this time last year.
To-day the market was %@l%c. lower; No. 2 mixed sold at
71@71%c. for February, 71%@71%c. for March and 71@71%c.
for June, with April quoted at 71%@71%c. and May at 71%@
71 %c.
Bye and barley have been firm but only moderately active.
Oats have sold less freely, but this has been largely owing to
the firmness of holders, who have established a still further
advance, the supply here being controlled by a few houses.
To-day the market was slightly higher; No. 2 mixed sold at
49%@50c. for March, 51@51%q. for April and 50%@5l%c. for
May.
The following are closing quotations :
FLOUR.

Hg. 2 spring...9

bbl. $2 75® 3 50
3 00® 3 65

Ho. 2 winter

Superfine
3 759 4 00
Spring wheiat extras.. 4 259 5 50
5 00®

do bakers'
WIs. AMinn. rye,mix.
Minn, clear and stra’fc
Winter shipp’g extras.

6 50

5 50® 6 00
5 00 ® 7 00

4 05 ® 4 40
6 50® 8 25

Patents, spring
Patents, winter

City shipping extras. $5 50® 6 00
6 00® 7 50

family brands
skip’g extras.
Rye flour, superfine..

4 85 ® 5 90
4 00® 4 30

Western,
Brandywine, An—

3 25® 3 75
3 75® 3 85

Corn meal—

....

Buokw’t flour. 100 lbs.

2 50 ®

2 80

6 00® 7 50
GRAIN.

Wheat—

1 08
1 14

®1 35

Bed winter
Bed winter, No. 2
White
White No. 1
Cbm—West, mixed
West. mix. No. 2.
White
Yellow

Buckwheat

.

....

....

Canada No 1....
Canada bright...
Cauada No. 2

..

Cleveland....
Louis

—

Peoria.

4,100
35,000

Duluth
Tot.vrk. ’83
Same wk. ^2

190,773
177,700
116,300

Same wk. ’SI

960,283
735,074
235,185

5.794,123

1881........

57,512,972
31,111,743

4,'*53,232
4,958,062

3890

58,403.516

50

9
9

•

.

.

®1 oo
®
97
®
88

Oats.

Barley.

Rye.

33,310

45,430

1S3,0S6

11,764

7,600
30,500

5,651
9,000

560,610
177,250

203,250

157,734
1,030
44,275

_■

4,316

78,120

2,297,372
1,580,497

885,764
559,671
351,316

603,189

403,102

78.393

274,692
G1,43S

55,116
13,060

47,672,876
75,517,680
70.591,880

30,135,801
22,095,004
25,368,804

11,063,205
9,823,219
9,837,281

2,925,355
%

2,765.960

1830-31.

1379-80.

1,253,774

546,661

3.026.S90

2,6=0.467
10,831.562
4,915,792

2,236.377
5.922,479

1.823.574
256.215

967,615

1,071.295

7.822.610
1,713,457
5o9.319

317.235

361291

271,323

21,371.522

19,772.671

13,531.831

11836 969

Below* are the rail

yorts for four years:
door.,.

bbls.
hish.
—

Total

3,910.386

1883.
Week

1882.
Week

1881.

Feb. 17.

Feb. 13.

Feb. 19.

174,896
406,365
725.181

328.470
24,295

85.802
46.013

3.237,723

2,213,472

1F80.
Week

Week

155,507
131,401
1,473.720
476,501

1,803,417

Barley

1,577.230

shipments from Western lake- and river

_

Wheat..
Corn...,
Oata~~

1881-82.

bush.

..

122,359
141,274
667,959
516,356
77,998
29,83 4
1,433,12L

years:
bbls.

Wheat

bush.

Corn
Oats..,

The

bush.

Corn,

bush.

bush.

418.865
410,556
552,890
263,497

1.833,541

725.481
391,251
68 4,271
309,263

Ibfc-dW- 633,727
4Wks 82..602,471

1,645,308
1,104,391

1,467.584

1,640,337
1,193,440

Oats,

6,184.702 2,109,966
7,022,907 2,745,322

2,000
73.600

23,380
77.600 12,558

378,070

1881-32.

1880-31.

1,915,329

7,533,934
11.320.499

4.854.673
5.815,417

3,000,233

3,335.962

7,032,753
7,727,945
3,121,953

563,077
140,653

829,987

842.544

83,397

250,3b5

14,919,433

,

1879-80.

1.312.958

836,41
145,74

18.934,565

20,821,97]

exports from the several seaboard ports for week ending
are shown in the annexed statement:

Feb. 17,1883,
Exports
from—

Wheat.

Flour.

133,216

Boston...

32.039
375

Portland.
Montreal.
Philadel..

Baltim’re

5,793
24,400

N.Orl’ns.

519

Corn.

Oats.

Bush.

Bush.
599,309
31,226

Bbls.
Now York

Rye.

Bush.
70S

425,328

Bush.

67,933

100,772

372

51,00*

22,000

385,232

496,178

1,500

196,342 1,122,906 1,224,188

2,206

67,933

897

748,769

5,935

41,898

22,095

856,645

for week

1883..

1882.

to—

Week,

Week,

Feb. 17.

Feb. 18.

Bbls.

Bbls.

153,232
10,321
17,592
12,619
1,739

Contin’nt

1883.
Week,
Feb. 17.

1882.
Week.
Feb. 18.

1883.
Week,
Feb. 17.

1882.

Week,

Feb. 18.

Bush.
503,680

Bush.
450,000

Bush.

Bush.

878,783

11.208

617,426

405,717

320,255

828

5,225
2,857

443,226
278,009
9,903
16,114

17,068

1,517

856,545 1,224,188

748,769

“i*bbo

13.339
3,29;
962

800

106,483 1,122,906

196,342

Oorn.

67,948
9,736

839

We add the

Wheat.

Flour.

S.&C.Am
W. Indies
Brit. Col’s
Oth.c’nt’s

Bush.
525

179,910

Exports

Un.King.

Peas.

56,139

106,483

..

-

By adding this week’s movement to our previous totals we
of exports since September 1, thi.?

have the following statement
season and last season.
Flour.

Exports since
Sept. 1, to—

Un. Kingdom
Continent...
S. &C. Am...
West Indies.

Brit. Col’nios
Oth. countr’s

Total

Corn.

Wheat.

1882-83.

1881-82.

1882-83.

1881-82.

1882-83.

1881-82.

Sept. 1 to

Sept. 1 to

Sept. 1 to

Sept. 1 to

Sept. 1 to

Sept. 1 to

Feb. 17.

Feb. 18.

Feb. 18.

Feb. 17.

Ftb. 18.

Bush.

Bush.

Bush.

135.641
1,592.332
314,342
58,412

40,733
2,111,510

Barley,
bush.

323.470
190.851
326.131

104,419

Rye,

bush.
24.295

11,436
26.289
20,856

9 49.871 82376
435.527 170,829

The receipts of flour and grain at the seaboard ports for the
week endea Feb. 17, follow’.-

Feb. 17. '
Bush.

Bbls.

3,558,540
346,654
365,947
460,810
301,426
22,152

1,518,278 23 818,812
99,580 19,571,385
88,678
329,450

5.053.529

309,491

33.329

259.930

7,806

20,600

200,403

2.537.319

43,720,413

19.606,867
6,832,698
4,583
19,760
200,268
c

9,244,901 14,528.685
1,302,212 3,418,873
255,284
08,487
233.080
227,812
79,120
67,118
70,985
34,288

0.664,178' 11,011,515 18,507,325

The visible supply of grain, comprising the
at the principal points of accumulation at lake

stocks in granary
and seaboard

ports, and in transit by rail and water, Feb. 17, 1883, was as
follow-s:
In store at—
New York
Do. afloat (est.)

Albany (cat.)
Buffalo
Do. afloat

Ohloago

«

Wheat,

Corn,

bvsh.

bvsh.

Oats,
bush.

031,199

943,917

782,157

26,000
923.000

65,000

106.0 )0

8,500

5.602,481

Do. afloat
Milwaukee

Detroit.

Oswego.

4 074,759 1,577,001

191,057

554,931

23,000
50,000

357, 477

955,946

3j,856

691

148.895

65,040

1.223,999
1.331,517

423,029

36,003
5,857

4,500

5,550

13.314

8,978

792,825
130,000

50.000

1,116.305

1,437.295

Montreal

204,318

Philadelphia

727.461
8 974
367.400
231.767

500
5,417
268,459

On rail.

221,235

325,000

361,8o=9

Kansas City
Baltimore
Down Mississippi.

Rye,
bush.

29,000

Toronto

Indianapolis

bush.

210,000
97,000

71,515

Peorfla

Barley,
75,724
84,000
130,000
318,000

273,011

Tot. Feb. 17,

Wheat,

3,300

goo

12,000

15,500

1,618,063

22.558,451

....

17,000

2,402,179

Barley
Rye
Total train

9,300

the same ports for the period from
17, 1883, compare as follows for four

1882-33.

Flour

93,306

were:

Week
Flour,
enaina—
bbls.
Web. 17...174,896
Bteb. 10... 149.503
Fbb.
3...207.336
Jan. 27...101,9e7




The total receipts at
Dec. 25, 1882, to Feb.

Feb. 21

The rail and lake shipments from same ports for last four

weeks

226,516

3,114.304

1,120,322

'Dotalgrain

743,6341,553.210
586,854 915,670

Total week... 222,785
Oor. week'82.. 269,266

Bbls.

1,560,271

4,537.856

25,910

1.711
21,000

42,112
15,000

bbls.

Barley
Bye

273,139

......

......

1882-83

11,679,957

45,500

17,080

-

shipments of flour and grain from the
from Dec. 25, 1882, to Feb. 17, 18S3, inclusive, for
four years, show as follows:

Wheat
Com
C«B

19,857

10,400
1,972

pores

•flour

444,150

52*a

The comparative

mme

232,600

273.450

Baltimore
New Orleans...

ft®
13,850

2.523

54i2

BlnceAug.l—
1882

53.800

31,495

Philadelphia...

Total...

136,010
202,137
211,893
40,000
212.948

2,860
1,984
37,255
1,005

..

8,750

47,475
1,200

51
a>
49 3*®
52
9

•

Detroit

9,773
16,075

122,400
8,500
900

.

49*2 9

BMs.imbs'BushM lbs Bush.56lbs Bush.32 lbs Bush.48lbs Bush.56lbs
53 ?,549
121,202
81,430
1,3)4,436
43,813
138,605
805

56.139

The destination of these exports is as below.
corresponding period of last year for comparison:

1 02
1 05
98
95
85

State, 4-rowed...

Corn.

Wheat.

65,434

500

bush.

117,008

52

each of the last three years:

Milwaukee..

45,454

Portland
Montreal

1832.

of breadstuffs to market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange.
We first give the receipts at Western
Lake and River
ports, arranged so as to present the comparative
movement for the week ending Feb. 17 and since Aug. 1 for

Chicago

421,5 il

Boston

262,520
48,475

'.Oats,

bush.

S’nae time

The movement

Flour.

99,631

bush.

79
80

Barley—

State. 2-rowel...

Receipts at—

Cam,

Total w’k.

State &l Canada.
Oats—
Mixed
Whit©
No. 2 mixed.
No. 2 white

®1 16
95 ®1 25
1 23 21 24
1 12 ®1 29
11/ ®
63 ® 72
71H i 72U
75
cb
73
®
74
72
72 ® 75

Wheat,

obis.

®
®

75
75

Rye—Western

Spring.per bush.
Spring No. 2

Vloiir,
At—
Hew York

Southern bakers' and

South’n

fVoi. XXXVI.

812.773

......

2.000
210.040
86,554

23)61

235,186
57,816
5.479
121.709

905

75.000

50,683
1,124
6,567

65>529

13,227

29,824

9*013

136 335

98,000

105.411
192.103
27,300

50 1.628

15,110
392.087

29,107

103,425

12.000

3ji 7.616
80.121

516.213

2,292.045

855,598
J093.420

14,500
25,578

1,800,507 1,600,429

Tot.
Tot.
Tot.
Tot.

The

following statement, prepared by the

Bureau of

StatfS"

tics, will show the exports of domestic breads tuffs from
undermentioned customs districts, during the month 01
1883, and for the seven months ended the same, as comp
with the

corresponding months of the previous year:

j

THE CHRONICLE.

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—

The

importations of dry goods at this port for the
ending Feb. 22, 1833, and since January 1, and the same
for the corresponding periods of 1832, are as follows:

f*H®M
c.

p ►- p
hcp o be

Hq'OMv:©'*"OD
oo p to cu

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co on ax cue

ocoocap'iw QUO

c

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woo

‘Included in tlie foregoing totals are the
reports from Milwaukee.
New Haven, Portland,
Richmond, Willamette and Yorktown, the details
for January, 1883,

being

igsfsl

follows:

New

kee.

Raven.

Bushels
Value. .$
Indian corn—
Bushels
Value. .$

Indian

as

Mihcau-

Barley—

Portland.

Richinond.
.

W.’.W

com meal—

V.V.Y.

Will a ■
wietle.

P

Y.Y.Y.

o«

co

Oats—

a

Bushels

H

*

-

Value..$

HS-J
1882.. 4

rf*

.

mmm\Y.

10,930

240.516

39,189
50,056

379,010

8,577

27.200

41,902

27,478

159,078

123,597

41,902
136,93 L

159,078
115,823

252,222

896,327

86,966
721,659 2,639,791 734,150
199,742 1,158,578 4,241,629

©

§»£§g§
: S ®

r*

£:

B:

•

j?
5

W

© — 1C H
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to

tea

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a a
co a a O' ©»

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p

oo © h a; cd
C« on co vi 05
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X

i-

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ocii*©xa

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i

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a

co

a o a -4 ©
a oo <4 oo —

'ti-

124,296
128,625

Total values—
months—

top
04a o

p
o

Bushels..

Jan.,’83.$
Jan.,’82.*
7

CO
to

bn

Barrels..

©

Pt

100

.

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Value. .$
Wlieat
Bushels
Value. .$
Wheat flour—

;

......

rc

Bye-

•

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I

week
facts

©•’ : : : ^

town.

.

Value

imh

fr:fr?

Tori:

Barrels
Value
.

%

_

Importations of Dry Goods.

—

<h\

lead¬

ana

generally steady.

XOfOH
'1 re CO V

i

demand,

steadily held.

are

Foreign Dry Goods were mostly quiet in the hands of
im¬
porters, and the jobbing trade "has not fairly commenced.
Silks were sluggish, but a fair business was done in
nuns* veil¬
ings, cashmeres and fancy dress fabrics, and there was a
steady
though moderate call for linens, white goods, embroideries, kicl
and fabric gloves, &c. Prices are without
quotable change and

to

CP
c-V]
ptoconaa
CP CP C O On—1

cp a o cc

H

to

delivery.

(as usual at this stage of the season\ but prices are well
sustained. Wool suitings and
sackings, nuns’ veilings and
worsted dress fabrics were
seveially in Jair

>

co to

K)

Wtol

irregular and
few of the most popular
fancy and

suitings and worsted coatings for
Heavy all-wool and union cassimeres are
firmly held at opening prices, and the enhanced cost of wool and
worsted yarns has led to a slight advance
upon certain makes
of worsted coatings.
Overcoatings continued to move steadily
on account of former
orders, and a fair amount of new business
was done by agents.
Satinets were in moderate request, and
Kentucky jeans and doeskins were more sought after by
intending buyers. Flannels and blankets were lightly dealt in
future

coco

P*

a

Domestic Woolen Goods.—There was a more active
undertone
in the market for men*s wear
woolens, with considerable trans¬
actions in heavy cassimeres,

—

•

-

•

© to

•

rf-oi pa
W 'I a co
H CP CO X

wtco:

—

*•

CP

if* CP
cp 'i 'i a
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it* 05 M*

chiefly restricted to
shirting styles.

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cctootc
CoXHXOX
m c to C ©0 CO

ppp:
CO M P

to

a

tOMHXCO©
(£*<4 O © PH
h h

i i

Prints have shown rather more animation in
both,
first and second hands, but the demand was

*

© to,
O' H 00

i— oo

iA

for 56x60s.

to

^4 ©co oo oo

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:

The demand for

foreign goods has lacked spirit, buyers having been exceedingly
cautious in their selections, because of the recent
dulness of
the retail trade and the
uncertainty in regard to legislation
upon the tariff. Jobbers report a steadily growing demand,
but this branch of the business has not as
yet become active.
Domestic Cotton Goons.—The exports of cotton
goods from
this port for the week ending
February 20 were 3,341 pack¬
ages, including 1,589 packages to Great Biitain, 1.2S3 to
Chin*#
197 to United States of Colombia, and the remainder in
rela¬
tively small lots to other markets. There was a fair move¬
ment in plain cottons as the result of new business
and on ac¬
count of back orders, and
leading makes are so closely sold
up to production that prices remain firm. Wide
sheetings were
in fair request and steady in
price, and some makes of corset
jeans were slightly advanced. For colored cottons the de¬
mand was generally light, but
quotations are unchanged.
Print cloths ruled quiet and easier at
354c. for 64x64s and 3/£c.

g.S’g,

*

having been chiefly confined to making deliveries of

certain fabrics in execution of former orders.

o

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M

DRY

GOODS TRADE.

Friday, P. M., February 23, 1863.
material change in tihe geceral oondition of the
dry goods trade the
past week. The volume of business eonifehed moderate,
but a somewhat more
hopeful feeling was
msedby better accounts from the flooded districts in
the Ohio
Mey, and rather more favorable weather in this section
of the
country. The woolen goods branch of the
trade has been Sim¬
ulated to some
extent by the advancing
tendency of the staple,•and
very fair orders for
heavy
cassimeres, worsteds, &c , were
placed in this
connection by wholesale cloth ers from some of
the
principal markets in the interior. In other
ness mled
respects busi¬
qniet, with the domestic commission houses* transac¬

Tkere

was uo




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THE CHRONICLE.

230

Central Trust Company
YORK,

OF NEW

Cor. of Pin© St.

$1,000^000

CAPITAL,
With

in U. S. Bonds.

or on specified dates.
Is a legal depository

OFFERS

5 per

FOR SALE

cent 20-year Bonds, $1,000 each,.
IMPROVED FARMS.

^

for money paid into Court. Is
authorized to act as Executor, Administrator, Guar¬
dian, or in any other position of trust.
Also as Registrar or Transfer Agent of Stocks and
Bonds, and as Trustee for Railroad Mortgages.
kENRY F. SPAULDING, President.
FREDERICK P. OLCOTT, i Vice-Presidents

J vlce-rresiaents.
Secretary.
GEORGE SHERMAN, Assistant Secretary.
B. B. SHERMAN,
C. H. P. BABCOCK,

OF TRUSTEES.
Class op 1886.
Class op 1885
S. D. Babcock, David Dows,
I. N. Phelps,
George W. Lane,
Jno. Thorne,
Benj. B. Sherman,
Amos R. Eno, J. Pierpont Morgan,
Gust’v Schwab Chas. Lanier,
Percy R. Pyne,
Wm. H. Appleton J. P. Wallace, George I. Seney,
Edm. W. Corlies, JosiahM.Fiske Chas. G. Landon,
Geo. MacC.Miller, H.F.Spaulding Wm. II. Webb,
Cornelius N. BlissIJ. S. Kennedy, Fred. P. Olcott.
BOARD

Class op 1884. ’
A. A. Low,
Fred’k H. Cossitt,
Jac’b D. Vermilye
Wm. Allen Butler

The

England
Mortgage Security Co.
SECURED BY FIRST MORTGAGES ON

returnable on demand,

Brooklyn Trust Co.
& Clinton sts., Brooklyn, N. Y.

authorized by special charter to
trustee, guardian, executor, or ad¬

This Company is
act as receiver,

ministrator.
Tt can act as agent in the sale or management of
real estate, collect interest or dividends, receive
registry and transfer books, or make purchase and
Bale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
for money.
CHAS. R. MARVIN, Vice-President.
TRUSTEES:
John P. Rolfe,
Chas. R. Marvin, Henry K.Sheldon,

Dan’l Chauncey, John T. Martin,
Josiah O. Low, Edm’d W. Corlies
Fred. Cromwell.
Alex. McCue,
A. A. Low,
WM. H. MALE, Secretary.

E. F. Knowlton,
H. E. Pierrepont,
Alex. M. White,

Henry Sanger,

Trust Co.,
Metropolitan
St., New York.
CAPITAL, $1,000,000.
legal Depository by order of Su¬

a

preme Court. Receive deposits of money on interest,
act as fiscal or transfer agent, or trustee for corpora¬
tions and accept and execute any legal trusts from
persons or corporations on as favorable terms as
other similar companies.
THOMAS HILLHOUSE, Presides.

FREDERIC D. TAPPEN. Vice-President I
WALTER J. BRITT IN, Secretary.

Bankers’ Safe
UNITED

Wall

Deposit Co

BANK BUILDING,

and Broadway.

Street

aTF e

s

DIRECTORS.
Austin Corbin,
Henry Saltonstall,
E. Ellerton Pratt,
J. Baxter Upham,
L D. FARNSWORTH,
GILMAN S. MOULTON,
Charles L. Flint.

Cor. William

Suretyship.

Bonds of*

NEW

OF

Officials of Banks, RaHroads and

BANKERS AND BROKERS Pine Street, New
York.

No. 3

a General Banking Business*
Commission, for cash or on marg’n
ties dealt in at the New York,
and Chicago Stock Exchanges.
pma<
Branch Office, 320

Transact

Sell

B0it«
Broadway.

Jos. C. Walcott,
? Members of the N.Y Rt/wd
Frank F. Dickinson, ) and Mining Stock

Ex'ch^

CALDWELL, WASHBURN

way,

TOWNSEND,
BANKERS

UNITED

BROKERS,

BUILDING,

BROADWAY AND WALL STREET.
a

general Banking Business, including the

Interest allowed on deposits subject to sight draft.
C. B. Caldwell,
L. C. Washburn.
Chas. J. Townsend, Member N. Y. Stock Exchange.

250,000 00
100,000 00

Miscellaneous.

N. Y.

W. G. Low,

David Dows, J.

Mitohell, Wm. M. Riehards.

Alex.

Vermilye,

D.

Dan Talmage’s Sons & Co

_______

Suretyship

FOR OFFICERS AND EMPLOYEES IN

FACTORS

MILLERS,

AND COMMISSION MERCHANTS IN

POSITIONS OF TRUST.

RICE,

The Guarantee Co.
OF NORTH AMERICA.

96 Wall

f300.000

Cash Capital
Cash Assets over

875,000

Deposit with Insurance Department
200,000
President:
Managing Director:
Sir. Alex. T. Galt.
Edward Rawlings.
*
NEW YORK OFFICE:
No.

178

New York

Street, New York,
10, 12 & 14 East Bay, Charleston,
108 Bay Street, Savannah,
41 A 43 North|Peters St., New Orleans

BROADWAY.

Directors.—Joseph W. Drexel, A. L.

Hopkins, H. Victor Newcomb, John Paton,
Torrance, Edw. F. Winslow, Erastus Wiman.
Transacts no other business.;

Daniil

Beasley & Go.,
BANKERS

Broadway, New York.
large line of CHOICE Railroad

desirable terms to

buyers and investors.

Investment Bonds.

Street, Philadelphia.

-

SOUND INVESTMENT

-

-

RAILROAD

FIRST-CLASS

$1,000,000

SECURITIES furnished

to Corporate and Private Investors.
CAPITAL FURNISHED OR PROCURED

BONDS,

5 Per Cent to 7 Per Cent

Railroad Companies having lines under construction

purchased or negotiated.
FINANCIAL NEGOTIATIONS
conducted for
Counties, Towns and Cities, and for Railroad Com¬
panies and other Corporations.
WILL CONDUCT THE FINANCIAL REORGAN¬
IZATION of Railroad Companies and other Corpora¬

property is In the hands of Receivers or

TOBEY
No.

4

ITIES on Commission.
WILL BUY OR SELL DEFAULTED BONDS or
convert them into interest-paying investments.
Circulars and other Information furnished on ap¬

SHORT, President,
war. P. WATSON Sec’y and Treas

BROAD

INVESTED,

SALE BY

FOR

BUSINESS PUBLIC.—The

subjoined

circulation of the seTeral
editions of THE SUN for 1882, as compared with the
corresponding figures of the preceding year:
shows the total

1881.

—

1882.

39,701,161
DAILY
44,678,656 DAILY
SUNDAY... 7,414,114 SUNDAY... 7,037,604
WEEKLY. 3,443,260 WEEKLY.. 3,498,134

55^,536,030 Total ....50,236,919
SUNS were bought and read In
1882 than in 1881. The average circulation of the
several editions during the whole of the past year waa'
Total

Five million more

&

KIRK,

STREET,

taken in payment at full

SUND AT
THE SUN has

advertising;space_to
advertisment in has,
in the blanket sheets, hen(»

compact form, an
seen than

readily
limes in lt» columns will

serve

NEW

YORK.

market rates, when desired.

R. A. Lancaster &

Co.,

toJtUMt

advertisement mi
costing only two dollars, reaches ove
cheapest and
readers. This is unquestionably thef
nIjnrocur*
most efficient mode of attaining publicity and procur
ing customers anywhere obtainable.
attention.

A five line

ADVERTISING

(DEFAULTED SECURITIES

RATES.

prig»
FtftfC&flf
ano^
Dollars ana r uy

Daily and Sunday Editions the
ing is Forty Cents per A^e
Cents. Reading notioesi One Dollar
In

Line-

on third page and Two
first and second pages, per

Agate un

line

thepricetaVUtJ wow ^
extra charg
to Tw»
For preferred positions, Seventy
Dollars per line.
«• v CTTY.
THE SUN, 166,108 & 170 NASSAU ST., •

Weekly Edition
of Agate space, without
In

.

_

arp

BANKERS AND BROKERS,

Trustees.

WILL BUY AND SELL INVESTMENT SECUR¬

AMOUNT

ON

ANNUM

PER

for

and their bonds

THE

A WEEK!

DAILY

Street, New York.

Block, Chicago.

IN

BONDS,

INVESTMENT
No. 98

TO

DEALERS

AND

A MILLION
table

PAYING

plication.
JOHN C.

AND

RANK

Transportation

Wm. M. Richards, Prest. John M. Crank, Sec’y.
EL Black and W. Harvey Lee, Inspectors.
Directors—George T. Hope,G. G. Williams, Geo.
S. Coe, Charles Dennis, J. S. T. Stranahan, A. B.
Hull, A. S. Barnes, 8. B. Chittenden, H. A. Hurlbut.

SEX PER CENT bonds on

COMP’Y,

FINANCE

tions whose

A

Purchase and Sale of all Securities dealt in at the
New York Stock Exchange.

Publie Companies, Institutions and Commercial
firms, oan obtain security from this Companyj at
moderate charges.
The bonds of this Company are accepted by the
courts of the State of New York.
Full information as to details, rates, &c., can be
obtained on application to head office, 179 Broad¬

of the State of New York.

AMERICAN

Capital Stock,

aS’sJJS
PhUadiShK

on

Transact

and Clerks of

Companies, Managers, Secretaries

We offer a

Portland

1™ceu»*

1400,000 00

Capital invested in U. 8. Bonds
On deposit with Insurance Department..

BURGLAR AND FERE PROOF.

31 Soutk Third

YORK.
?

Assets

THE

Deposit Vault,

5 & 7 Nassau

and Ittlsceli..

Securities;

J. C. Walcott & Co.,
.

■

A. W.

St. & Exchange Place,

Under the National Bank

COMMISSION

Government, RaUway

VICE-PRESIDENTS.
Thomas Wigglesworth, geo. C. Richardson,
Elisha Atkins,
John Webster,
Amos T. Frothingham.
CHARLES L. FLINT, President.
J. F. F. BREWSTER, Treasurer.

SECURITIES

DEPOSIT YOUR

State Safe

SELL—ON

s

Bankers, Brokers, Merchants, &c.

IN

STREET, NEW Y6RK,

AND

CONSTRUCTION FOR

APPROVED

MOST




BUY

neons

CAPITAL STOCK OF $1,000,000.
Interest Coupons payable July 1 and Jan. 1.
Bonds registered to order or payable to bearer at
option. These bonds are commended to the attention
of the most conservative investors, as they are be¬
lieved to be as perfect a security as can be obtained.
A pamphlet with full information will be sent on
application to the company’s office.
43 MILK STREET, BOSTON.

17 Nassau

PAIR UP
Designated as

.

Lloyd & McKean,

No. 34 WALL

Guaranteed, Principal and Interest, by its

Bonds of

OF

Member of N.Y.

FIDELITY & CASUALTY CO.

Cor. of Montague

Cor

Joseph P. Lloyd.

The New

$1,000,000 SURPLUS.

Allows interest on deposits,

Financial.

Financial.

Financial.

15 Nassau St.,

[Vol. xxxvi.

66

W. w.

BROADWAY, NEW YORK,
DEALERS in

First-Class Investment

MONROE,

Securities.

GOVERNMENT BONDS, STATE, CITY, COUNTY
RAILROAD A MISCELLANEOUS SECURITIES
Bought and Bold on Commission.

Virginia Tax-Receivable Coupons Bought.
SOUTHERN SECURITIES A SPECIAL!T.
LOANS NEGOTIATED.
Interest Allowed on Deposits.

Counsellor,

Farmer,

liOPISIANA,

Solicitor
District

and AttonW

Orcnlt

"•States and

diSS of cases, fas no.other
personol attention and all

his

f|

oftt. BUM,
Monr£