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,

/^

THE

I

:

xmm

W

AND

HUNT'S MERCHANTS' MAGAZINE.
aaPRESENTINQ THE INDUSTRIAL AND OOMMKRCIAL INTERESTS OP THE UNITED aTATKP

VOL.

NEW

36.

YORK, FEBRUARY

Financial.

143

BROADWAY, NEW YORK.

FOPNDUD 1798.
Laws of Stats of Hue Tork, 18S8.
Kkukqanlzkd 1879,
BKOHATUtS AND PIUNTIKS Or
BOima. POSTAOB AlfO BEVBrfUB STAMPS,
LmeAL TBlfDBB Sc NATIONAL BANK NOTBS
tt M< UNITED STATES and /or many Ttntan
BtrSINSfW

I<i«erporat«d under

"

[

Alfred H. Smith

183 Broadiray, Cor. John
IMPOBTBBS OF

EXCLVSITELT.

Balliray Ticke

of

Improred

Styles,

and Ticket* of all Kind*
TRUSTBB8:
President,
Jos. W. Drezel,
Oolort,

A. Q. Oooilall,
JameflMacdonotiKh, Vice-Prest., T. H. Porter,
A. D. Sbepard, Vice-President, P. C. Leunsbury.
Wm. Main Smillie. Vice-Prest., Chris. Meyer,
J. T. Bobertsoii. Vice-President, A. Y. Stout,
ii. H. Danforth,
G. H. Stayner, Treasurer,
TLeo. II. Freeland, Secretary.

&

Centrale Anversoise,
A N T W^ E R P
Paid-Up Capital, -~^,000,000 Francs.
BOARD or DIBECTOBS
FCLIX OIUSAR. President.

Altbid Maquinav (uraff a Maqnlnay), Tloe-Pra*
OEU liECKK Von der llecke & Uarsiir).
Otto GUNTUiBtCorneille-DaTld).
(

BMILI l>* UOTTAL.
Ad. Fkank (Frank, Model A Cie.)
Atro. NoTTKBouM (Nottebohm Freres).
XjOos).

TKAN8ACT8 A
ftENEBAL BANKING BUSINESS.
P.

POTTIK, Presu

J. J.

KDDr,

Cashier.

Maverick National Bank,

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

CAPITAL,

9400,000
400,000

W.A.PULLMAN
a. a. BAYNE

Sts.,

Hatch
BANKERS,

&

Foote,

CHARLES WaiKLXB,
Jus. Skbp,
W. A. Ross,
L.

We transact
ALLOW i.VTElt- No.

made npoo favorable terms.
Government Bonds bouitht and

Collections

sold.

Aug. T. Post, Banker,
NASSAU STREET,

BUrS AND 8BLLS
State, City and County Sccuiitle*.
_ COBRB8P0NDKNC8 SOUCITBD.

STOCK BROKER.
Lansdale Boardman,
MBW YORK,
80 BROADWAY
Opposite Stock

No. 45

rEstabUshed 1854.1

A S NEW
__
„ N. Y.. 14 A 16 UALI.Bxchanse.
TROY,
BUUTlllNa.

ST.,

Wire to Troy.
^ eaiTladPrivate
tIMilUM
on manrtn. Intorast paM on '"'*~TTt

WaU

DEALERS

8OUTHBRN

1

to.

DESK ROOnt TO LET.

ST..

S.

ALL KINDS OF
A Specialtt.

SECtntlTIES

Bros.

&

brokers
.

Co.,

NEW YOKK.

Bailey,

Warfield,
in

i4t0cks and bono!*, unlihtkd 8k.
ci;ritie8 and mining stocks,
»2

broadway.

DocaiJig Hbnbt.
CHABI.B8 SrroN BcwaT.
Member N.Y. Stock Ex. Vo>,ber N. Y. Mln. Stock HzDANIKL tfAKriBLO.

PINE STREET.

7

&

BANKERS AND BROKERS,
Wall M., <;or. New. New York.
INVESTMENT 8BCUIUTIB8.

Henry
dec

of N. Y. Produce and Maritime Krch,,ngi^.

E.

IN

dpedal attention to business of eoantrr banks*

Gillespie

HANOVER

Co.,

A. H. Brown

securities.

I]»SVRA1VCE SCRIP,

&

TTALL STREET, NEIT YORK,

Street.

Transact a getieral banktnic and brokerage business In Railway Shares and Bonds and QoTemmen

M.

8

Railroad and Investment Secnritles.

Gwynne & Day,

Member

Vandekobht.

BAYNE,
W. A. Ptn.LMAN.

Simon Borg

Investment Securities a
STOCKS and BONDS

Devonshire Street, Boston, Mass.

No. 4

H. SMITH,

O'DAY,

Mehlen,

Solicits deposits from banks, on which liberal interest will be paid on dally balances. Makes collections,
transacts a general banking business.
Makes call or
time loans on Oil Certlflcatea, Produce Keoelpts, BtU*
of Lading and other marketable securities.

EST on IJEI'OSITS. Branch Offices, connected by
Erivate wire. Norwich, Conn., Gloucester, Mass., and

J.

D.

N.

J. J.
8. G.

No. 13 VTall Street, N. Y.

We make U. 3. Bonds and

31

President.
Vice-President.
Cashier

O.NELSON
DIRBCTOBS

8.

Investment Securities.
Private vire to New York, Baltimore and other places

DKAUNO8

Aoconnta of Banks and Bankers solicited.

SS

New York.
18 Rroadwar, N. k.
CAPITAL 9500,000.

WeUes BuUdUiK,

Co.,

Deposits received subject to check at el^ht, and
Interest allowed on dally balances.
Stocks, Bonds, &c., bought and sold on coouniiwton In
Philadelphia and other cities
Particular attention fiiTentolnXoi-matlon regarding

BOSTON,

SURPLUS,

Seaboard Bank,

PHILADBLPHIA.

Interest allowed on deposits.
Investments carefully attended

Jou. Dan Kuuhuann, Jr. (Joh. Dan. Fahrmann.)
Locig WiBiiB(Bd. Weber A Cle.)
JVLBS KACTiMaTRAUCH (C. Schmid A Cle.)

ASA

mission.
Collect dividends, ooopons and foreign and inland
Drafts.
Sell Bills of Exchange on
Melville. Evans ft Co ; C. J. Hambro A Son.
and on H. Oyens A Sons, AMSTERDAM.

for cash or carry the same on margin.
a general BA.NKINO business and

Banque

PR. Dha.nin (.MichieiM

Offer InTestment Securities.
Buy and sell bonds, stocks and securities In all Amand Dutch markets, on Com-

erican, Canadian, British

Organized under the State Laws of

Third and Chestnut

IV. Cor.

specialty, execute orders in

J. B. Vo.N

BANKERS.

BANKERS,

Safety Papers.
In Fireproof Balldlnc*>

RAILWAY PRINTING A SPECIALTY
WUkor wiOunit

H. Taylor

Co.,

Act as Agents for Banks, Bankers and Railroad
Companies.
issue commercial credits, also foreign and dooMStla
trBvelers' letters of credit In pounds sterling A dollars.

Members N. Y. and Philadelphia Stock Exchanges.

L.

&

WILLIAM STREET,

No, 63

LONDON

LOMDOK, 33 HOI.BORM TIADCCT.

S«

Exeeuted

St.,

Fine Bnbies, Sapplilres,
and otiier Precious Stones,

special s&feKUarda to prevent CowiterfeWnt
9r AtUrationa. Special papers manufactared exclu«iTely for use of the Company.

Safety TVnts.

Co.,

Diamonds,

With

Work

&

O. H. NOBTHOOn,
AI.EXANDEK BABINO,
Member N. Y. Stock Exdi.

Kennedy

S.

J.

0QVtfwn9nttt

KNailAVINQ AND PKINTINO
Ct BANK NOTES. STATE AND BAILBOAD
BONDS. SELABE OEBTIFICATES. BILLS 01
aXORANQE. DRAFTS, CHECKS. STAMPS, tu.
IN THE FINEST AND MOST ARTISTIC STYLE
FBO:n 8TEEL, PLATES,

John b. KunniDT.
J. KlKNKDT Tod:

DIAMONDS.

Note Company,

922.

niianclai.

Floanctal.

AMERICAN
Bank

NO

24, 1883.

IN

INSURANCE STOCKS
A SPECIALTY.
Cash paid at once for the above securities or th«7
wlU be sold on commission, at sailer's option-

E.

A. Mauriac

&

Co.,

BANKERS AND BROKERS,
Na. r Wall Htreet.

;

Car Trust Bonds.

RaUroad, Mining, and other Stocks. Bonds, •(&.
bought and sold on Commission,
Me
N. Y. Stock Exohaan.
B.
a. A. MAURIAC, Member

SYDNEY BISHOP.

M. M.

HOWLAND.

WB MAKB A

SPBCIALTY OF TIIB8B TBR>
BAKE SKCUKITlKS. AND BUY AND SBU, SAMB
AT MARKET PRICE.
WB OFFER A LIMITED AMOUNT OF DESIRABLE CAR TRUST ISSUES, ADDITIONALLV
SECURED BY TUB DIRKCT OBLIOATION OF

Geo. H. Whipple,
Mo. a«

WALL

STRBIT,

NEW YOBK.
TB1RAIL.ROAD EQUIPMENT CU.nFAMV. ELECTRIC L.10HT STOCKS.
POST, MAItTlX A. CO.,
EDISON, BRUSH, UNITED STATES, FULLBB
84 FUSS BTBEBT.

BTOCKB FOB SALS.

:

\vau lAXvt

IHJi OflKONlCLfi.
Drexel, Morgan & Co., August Belmont
BANKERS,
WALL STREET,

^

CORNER OF BROAD, NEW YORK.
Drexel

A

Drexel, Harjes & Co

Co.,

PARIS.

BOMEBTIC AND FOREIGN BANKERS.
Deposit! received subject to Draft. Secnrltles
bouiliit and sold on Con•Inl8^ion. Interest allowed
on Deposits Foreign KichanRe. Commercial CredTravelits. Cable Transfers. I Irojilar Letters for
ers, available in all purts of the world.

KO. 22

Brown

and their correspondents.
Also Commercial Credits and Transfers of Money
on California, Bnrope and Havana.

Co.,

DTALL ST., N. T.,
BUY AND SILL

No. 69

~

&

OF FXCHAMGE

BlLL,g

OKGRKAT BRITAIN AND IRELAND, FUANCB,
NORGKRMANT, BBLGinM. SWITZERLAND,
WAY. DENMARK, SWKDBN AND HOLLAND.
lasne Commerf ial and TraTelers' Credits
And

ANY PART OP THE WORLD.

IN

52 lYUIlun

THE
York.

Accounts and Agency of Banks, Corporations,
firms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In payla,^ coupons
and dividends: also as transfer agents.
Bonds, stocks and securities bought and sold on
mmlsslon, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought

in

&

BILLS ON

THE UNION BANK OP

LONDCM^.

&

Stuart

&

C.

ERASER MACKINTOSH.
Dick Peddle, E8q.,M.P.,

BANKERS, LONDON

New

York.

CORRESPONDENTS :
BARING BROTHERS & CO., London.
PERIER FRERES & CO., Pari*.

MANCHESTER & COUNTY BANK,
"LIMiTKD:"

MENDELSSOHN

;

CL8TER BANKING COMPANY,

Ruckgaber,

BANKERS,

16

EXCHANGE PLACE,

JiE^W

YORK

CABLE TRANSFERS AND LETTERS OF CREDIT

International Bank of London
(Limited) London.
Messrs. John Rercnbere, Gossler dt Co.

Hamburg.

Commercial and Travelers' Credits. BiUsof Exchange
Cable Transfers.

BROAD STREET,

No. S3

Ne^r York.
Iggne Letters of Credit for Trayelers,
Payable In any part of Kurope, Asia, Africa, Ausand America.
Draw Bills of Exchange and nmlce Telegraphic
Transfers of Money oo Europe and California,
tralia

John Munroe

&

raUNROE & CO., PARIS.
STERLING CHEQUES AND BILLS AT 8IXTT
DATS' SISHT ON
&. CO.,

LONDON.

CTBCPIAB N0T»8 AWP Ca»DlTS FOB TTtAVHT.K Wfc.

NEW VORK:

LONDON:

PARIS:

ffiS'a o"!s5Jet. W- Bcss'"- wise.

William Heath
(ESTABLISHKD

t. e.

&

Members of New York Stock Exchange.

FOREION BXCHANOB. CABLE TRANSFERS.

William Heath

& Co.,

10 TbroKmorton ATe., London, EnK.
Exchange and transact a general
nanelal commission business. Particular attention
Iven to American Securities.
Bills of

William Heath
No. 19
Orden soIMted

Rne

& Co.,

Scribe, Paris.

London and American markets
for Investment or on margin. BaUway, State and CItv
'
for

I.0U1* negotiated.

1883.

lu Batavia, Soerabaya and Samaranu
Correspondents In Fadang.

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

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

BLAKE BROTHERS
18

Sc CO.,
Agents pen North Amekica,
WALL STREET, NEW YORK.
W STATK STRRKT. BOSTON

Bank of

BUY AND SELL STERLING EXCnANGE, CABLE

No. 4 Threadneedle

ISSUE COMMERCIAL CREDITS, AVAILABLE

UNDIVIDED PROFITS

James T. Bates & Co.,
(ESTABLISHED
BANKERS AND BROKERS,

Letters of Credit and Drafts issued on the 101
branches of the Bank in the Colonies of Oueensland,
New !?outh Wales, Victoria, 8outh Australia, Tasmania, and New Jiealand, Bills negotiated or sent for
Collection. Telegraphic transfers made. Deposits
received in London at interest for tlxed periods on
terms which may be ascertained at the office.

TRANSFKKS, ETC.

IN

ALL PARTS OK TUB WORLD

1868,>

Members of the New York Stock Exchange.
Checks and Cable Transfers on JAMBS T. BATES
CO.. Geneva, Switzerland.

J.

W.
27

&

29

BEAVER

NEW
Bills of

&

Wilson

&

(lncli!i<ine Guarantee and
Reserve Funds) £453,114.

PKIDKAUX SELBY,

Hong Kong &
BEAD

ST.,
ol

Anglo-Californian Bank
(LIMITED).
Head Office, 3 Angel Conn.

LONDON,
SAN FRANCIKOO

Office. 488 California St.

Agents, J.

& W.

Selunnan

& (^.

BOSTON Oorrespond'ts, MassaoliUBetts N. B'k.
Authorized Capital, •
Paid np and Reserve,

-

$6,000,000.
1, 700,000.

Transact a general banking business. Issue Com.
merclal credits and Bills of Exchange, available m
all parti of the world. Collections and orders
'or
Bonds, Stocks, etc.. executed upon the mostfavorv
able terms.
FRED'K F. LOW.
1

„

P. N.

Shanghai

BANKING CORPORATION.
J;5.000,000

lONATZ STElNAABT.t""'"'*"
LILIBNTUAL, Caihler.

2,350,000

OFFICE.

BONO KONO.

The Corporation grant Drafts, Issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore. Saigon
Manila, Hong Kong, Foochow, Amoy, Nlngpo
Shanghai, Hankow, Yokohama, Hiogo, San Francis*
GO and London.

A. M.

NEW YORK

SecreUry.

RKSBRVB FUND.

YORK.

Exchange and Letters
on Klexlco.

1835.)

London. Enfflnnd.
PAID-UP CAPITAL, fl.800,000.
St.,

CAPITAL (paid-up)

Co.,

Credit

Australasia,

(INCORPORATED

miUs BnUdIng, New York.

1861.)

BROADWAY, NEUT YORK.

Agencies

WALKER,

B. E.
JOINT AGENTS

BANKERS AND BROKERS,
Ho. 80

Nederlandsch Indische
Handelsbank,
A n STER D AM, HOLLANn.

Canadian Bank of Commerce,
16 EXCHANGE PLACE.

da Via

Co.,

GOADBY &

H.

Co.,

No. 8 JXTall Street, Ke-w York,
4 Pott Office Sqnare, Boaton.
CHEQUES AND CABLE TRANSFERS ON

ALEXANDERS

J.

J. F. BENNETT, Secretary.
No. S8 Lombard Street,
LONDON, E. C, ENOLAND.

Offices,

Estabt.isbsd in

CORRESPONDENTS OF THE

BANKERS,

public bodies to negotiate I-oansand Railroad Bonds
and conduct a general Financial and Exchange Busi-

Pald'lTp Capital, 12,000,000 Rnllder*.
($4,800,000 Gold.)
HEAD OFFICE IN AMSTERDAM.

ALSO,

& W. Seligman & Co.,

(Limited). Threadneedle Street,
London, and Branches.
The (^ydesdale Bank, (Limltedt, Glasgow, London,
and Brunches.
This company is prepared to act ns Agents In England for Municipalities. Railway Companies and other

& CO.. Berlin.

&

Schulz

BDUrBURG, ANB BRANCHES;

Richards, Esq.,

;

;

NATIONAL BANK OF SCOTLAND,

11.

J.G.Button Browning,Bs<)

The aty Bank,

ness.

Co.,

BBLVAST, IRELAND
AND ON THS

I

Esq., M. P., Chairman.
Macpherson, Esq.,

BANKERS:

Co.,

FOREICN BAKKERS.

MAHCHE8TEB, PAYABLE IM LONDON

D.

I

Geo. Clerihew, Esq.,

BOSTON, MASS.,
Cor. Wall and Nassau Sts.,

£500,000.

-

DIRECTORS
Law. Heyworlh,Esq.J.P., W.

J.
CABLE TRANSFERS, BILL8 OF EXCHANGE
33 NASSAU STREET.
AND
COHMEECIAL AXD TRATELEBS' CKBDITS.
BILLS OF EicHAN«E ON
SniTH, PA¥NE & SraiTH'S,

Draw

(LIMITED.)

CAPITAL.,

Francs, in Martinique and Quadaloupe.

abroad on all polnta In tlie United
Canada, and of Drafts drawn in the
United States on Foreign Countries.

No.

Anglo-American Land
Mortgage & Agency Co.

J.

BBTWEES THIS ASD OTHER COUNTRIES.
drawn
SIAKE COLLECTION-i OF DRAFTS
States and

J.

Issued for the use of travelers In
all parts of the world.
drawn on the Union Bank of London'
Telegraphic transfers made to London and t»
various places In the United States,
Deposits received subject to check at sight, and Interest allowed on balances.
Government and other bonds and Investment se
curitles bought and sold on commissic:..
Bills

Foreign Bankers.

New

Street,

TRANSFERS
BAKE TELEGRAPHIC
Kidder, Peabody
OF MONEY

J.

Co.,

and sold.

IS SIERLINO,

AVAILABLE

&

(Eqaltable Bnlldlnff.

E TV YORK.
LETTERS OF CREDIT AND
CIRCDLAR NOTES

BANKERS,

S.

Brothers

all

Broadway
N

parts of the

MESSRS. DE ROTHSCHILD

mORCAIN tc CO.,
OLD BROAD STREET, LONDON.
1.

BANKERS,
130

31 NRSMin Street,

Jesup, Paton

Kountze Brothers,

Co.,

&c

Issne Travelers' Credits, available In
world, through the

Attornits and Aoints o»

nieura

&

Nos. 19

Wo. 8i Bontb Third Street 31 Boolerard Hanssmann

PHII<ADEL,PHIA.

Foreign Exchange.

Feretsn Exchange.

Foreign Exchange.

TOWN8END,

Agent. 47

WtlHam

St

Gerhard & Hey,
R E V A L,.
OFFICES AT

IiEIPSIC, BERLIN, nOSCOIV,.
NIJNI-NOYGOROD, during the Fair
Commissioners & Fonrnrding: Agents,

§HIP BROKERS.
Undertake to caah

Amounts; execute

all

Advances and Freightorders In the line of Banking,

Bills,

Commission and Forwarding Business on the moat
modenite terms.
Ship-owners are requested to address vessels boiuMl
for Reval unto the care of

GERHARD

& HEY',

BEYAL, RUSSU.

,

:

Febhuaiit

THE CHRONICLE.

24, 1888.]

Ciiuadlnn

Forolsn Bniikcrs.

(LllllTISD.)

Wiib.iiib.Ml Cii|>linl
i>aiil-t'v Cn|>liii!,

TORONTO,

......

!i
isUU.UVU

•*'-H!'

BnAyCHES
Street, I.'intIon,

|

LndKtite 111.1, London,
KniuhtebrldKe, l.ondon.
Uolborn, liundon,

Tottenham

I

1

Cou>*.

London

bougbt and sold.
Correspondents— Bank of Kew Tark,
and AIiiHiu'H r.iink. I '-laop.
Uonds.

etc.,

Brewster,

Boissevain
B A N K IS » S

&

&

Co.

Estabrook,

BANiiERS,

AMSTERDAM, HOLLAND

ALSO,

Blake Bros. &

Co.

Canadian Bankers.

No. 35

BOSTON STOCK EXCHANGES.
Dealers In ISnnlclpal, State, Railroad
and United State* Rond».

-

.

..-.-•.

H.

UOWLAND, Pres't.

S.

D. R.

$1,300,000
$460,000

WILKIE,

t

oi-

Mo.ntueal,

59 Wall Street.
73 Lomb.u-a Street.
Promptest attention paid to collections payable in
any part of panada.
Approved Canadian business paper discounted at
the Head Otlice on reaaonabie terms, and proceed*
remitted by draft on New Vork.
I

Merchants Bank

STATE STREET,
BOSTON, MASS.

Capital,

ROSTON.
on deposits sniiject to eheck.
Hotidsand other lunslniaits bouglU and
Interest

J.

&

Hawley

Parker

General Manager.
U. I'LU-MilER. Assistcmt General Manager.

BANKliltS:

sells Sterling

Ex-

change. Cable Transfers, issues Credits available lu

parts of the world, u'.akcs colIectioKs la Canada
and elsewhere, and issues Drafts payable at any of
theotliceaof the bank In Canada. Demand Drafts
Issued payable in bcolland and Ireland, and every

&

Stackpole,

Wilbour, Jackson

CAPITA I,,

-

>

tii;KPi.i;s,

-

.

$12,000,000, Gold.
$5,500,000, Gold.

S5IITHERS, Presideut.
W.J. BUCHANAN, General Miiniger.

NEW
Nos. 50

PROVIDENCE, R. I.

Aupnt.!
(Agents.

of Montreal.

A:

TOllK OFFICE,
Gl WAI.I. STREET.

and make coliectioaa
Dominion of Camilla.

London

in,

Chicago and throughout the

0£3cc, No. 9 Blrclilu Lane.

AGENCY

OF THE

Bank
:oF

British

North America,

No. 52 TlTALLl STREET.
KBuyand sell Sterling Exchange and Cable

TransScot/and and Ireland,
also on Canada. British Columbia, Portland, Oregon"
Ban Francisco and Chicago.
Bills collected and other banking buslnen trtmiD. A. MCTAVISH, {Agents.
•ctcd.
{ . „„,,
fers,

l-ssue iloiiiaad drafts i-n

W.LAWtON,

Commercial Paper, Government and
Bonds and Securities and Foreign

otlier tirat-class

Exchange.
Private Telegraph Wire to

New York and Boston.

&

E. Jackson
Co.,
miDDLETOWN, CONN.,

C.

Buy and

sell

Government, State, Municipal and

Railroad Bonds and Stoclu.
ings

WALTER WATSO.V, Agents.
|
ALKX'R Lang
Buy and soli Sterling Exchange. Francs and Cable
Transfers; grant Commercial and Travelers' Cre.Iits,
available in any part of the world; issue drafts on,

& Co.

IVEVBOSSET STREET,

Dealers in

Bank
C. F.

53

)

JR..

INDICATORS AND TELEPnONB IN OFFICB.

John A.Hambleton&Co
BANKERS AND BROKEn.S,
No. 5 SOUTH STREET,
BALTinORE.
Connected by Spfcial Wire with A>io York aiid Fhiia*
dclphia Correspondents.

Banks a

specialty.

Investments for Sav-

Coirespondence

on Commission In this and other cities
Bonds and Secnrillec

Special Attention given to InTestmonts

Deposits received snbject to check at sight.
Collections on an points In n. S. and Canada.

&

Sons,

BANKERS,
No. 7 SOUTH STREET,
BAETI3IORE,
TRANSACT A GENEilAL DOMESTIC AND
FOREIGN BANKLNQ BUSINES.S.

Wilson, Colston

&

Co.,

UALTinORE.
INVESTMENT

and VIRGINIA SECURITIES »

all Issues of United States Bonds. InvestSecurities a specialty. Correspondence invited
full iiifonnatlon upon tlnanciai subjects furnished

lur-

& Co.

Bankers.

Soiitlierii

THE CITY BANK OF HOUSTON,
CAPIT.VL, $500,000,

Houston,

I'exas.

We

give special attention to oolleetlons on aB
aceeysible points.
_
__
DiiiKiTons.— Benjamin A. Botts. Pres't: F. A.Rlce,
C. C. IlMlflwIn, W. 1!. Hotts, Rob"t Brewster, 8. K

Mcllhenny, B. F. Wecms.
B. V.

E. E.

_„_„„ ._ „
BENJ. A. BOTTS.Pres't.

WEKMS, Qishlcr.

B f RRUSS, Pres't.

A. K.

WALKER, Cashier

First National Bank,
WILMINGTON, N. C.
Oolleetlons

made on

all

parts of the United State*

WM.C.COURTNKT.Pres. EBSBSTII. PRlNOLK.Caa*

BANK OF CHARLESTON,
NATIOKAL BAKKINQ ASSOCIATION,

CUAKI^ESiTUN, S. C.
ePECIAL ATTKNTJOA' CIVLS TO COIXICTIOSS.

R. U. IHAURY

&

SOUTH THIRD STREET,
PIIIEADELPIIIA.

and Information

niahed.
N. V. Correspondents— McKim Brothers

RonEUT M. JAXXUY.

M.

Shoemaker Co.
J OS.BANKERS
AND STOCK BROKERS.
No. 134

Bell

descriptions of Stocks,

solicited.

Peini§ylT an!a BaiilLcri*.
Jos. M. SnOEMAtCER.

a'l

Correspondence solicited

BANKERS AND BROKERS,

description of foreiijn banking business undertaken.

JOiiNB. HARRIS,

Special attention given to the negotiation of Foreign Bills of Exchange, Collateral Loooa and Com
mercial Taper.

specialty.

CnAut.ES n. SnELUO.V, Jb.
JOSHUA Wiijjonit,
Benjamin A. jACKSO>r, Wii.llam Binnby, Ju.

all

New YorU Ascucy, 48 Exchange Place.

BANKBRS and BROKKH8.
Ccrtusn & South St«.,
BALTI.UOUE, Md.

BANKERS AND BROKERS.

DEVONSHIRE STREET,
BOSTON.

No. 60

LONDON, ENG.— T'.ie Clydesdale Bank (Limited.)
NEW YORK— i he Bank of New York, N.B.A.

HENRY HAGUE,

Co.,

BANKERS,

JflOISXBEAIi.

The New York Agency buys and

sold.

Correspondenee invited.
Orders exeeuted at Boston and New York Slock
Exchanges, of tchich \ee arc members.

BANKERRS.

GEORGE HAGUE,

A.Auurtt.

8. Vr, Corner
P.O. Boi 227.

Robert Garrett

Bank of Deposit,

President, SIR ITUGII ALLEN.
Vice-President, KOBEllT ANDERSON, Esq

HEAD OFFICE,

C.

Loans negotiated and advances made on upuroved

84 Devonshire &. 20 Water Sts.,cor.ovi>.P.O

$5,700,000 Paid Up.

•

OI.mn.

Stock Kzctauige.

collaterals.

Dealers in Municipal. State and HailfuAd Bond.i.

F. A.

OF CANADA.

B.

Uemben Baltimore

Boy and

No. 40

BllASCBKS:

BOSAXQUET, Salt .t Co.. Bank

Co.,

Co.),

BANKERS AND BROKERS,

BEAD OFFICE, TORONTO.

Port Colborno, St. Thomas, IngersoU,
Wellund, KerKus, Woodstock, Wlnaliieg, Man,,
Brandon.
Dealers In American Currency & Sterling Exchange.
Agents In New York:
Agents tn London ;

Sweet &

(Formerly CnAS. A.

Cashier

St. Cath.irlncs,

W. MitiDCvnoRr, W.

Transact a General Banking Business.

Imperial Bank of Canada.
-

&

Dupee

Perkins,

8ECIIUITIE8.

Middendorf,01iver & Co.

COmiaiSSION nSItCHANTS

CAPITAI. (paldnp),
BESEUVE:,

VBSTMKNT

Btooks and Bonds boavht and sold on CommUal/in

Balttmoro Banker*.

CONGRESS STREET,
BOSTOiW.
MEMBERS OP THE NEW YORK AND

N. Y. Corrcbpondcnts-Moss™.

R«. 33 SoBlk Third Mirert, Phllaitol»lila.

J.

Cobb

tiunkeri. Klve^ special tittculion lo Iht*

Co.,

York

'Sew England Banker*.

Pad4llni:ton, Tx>ncon.
Ald^iMtc. London.
Old Slryct, London.

aKcncy of ForelU'i "nU Colonlui Uunlts.
A. 0. KKN.N'EUY. ManoBCr.

Adolph

Maw

Clark &
BANKKRS,

DBALBIIS IN CAR TKU'TH ANB OTtlKK Ui-

Ko»a

Thpbimlt, while condnctInK the ueneral buslneaa
of

Prompt attention glTon to CoUcetlon of Commer
clal Bills and I'anud'.un l<'uiids on all point* in Canu
da; American and 8terllntf Eicbange, liod Stocki

London.

I
|

W.

E.

CANADA.

•"^I-QUS'S!!,'!

Ilewrvo Fnnd. X3:i0,000.
HEAD OFFICE, THUF.ADNKEDLE ST.
Bond

Pcniu) IvHiilK Bankera.

BARKEBa UTD Stock Brokrbs,

KMjiLAND.

AMIhorlzp.1 Cnpllnl

BanUcn.

Gzowski & Buchan,

The City Bank,
I.OiVDOi\,

tu

CO.,

He,

STOCK BROKKKS,

RICUJICXD, VlRCl.MA,
Puyand sell Government, State, Municipal and
Rkllr-ud Bond!; ar.d stock.i.ic. VIrirlDia i^tateTax.
Receivable Coupons bougbt and sold. All orders
proniri I" attended to
_
. „^

SewTork Correspondent. VKimiLYK 1 CO.

Dealers In

ment
and

A. P. Turner & Co.,
BANKERS AND BROKERS,
No.

207 WALNUT PLACt,
PHILADELPITIA.

&

Co.,
BROKERS,
PITTSBURG, PA.,

Geo. B. Hill
Buy »na

of Western PennaylTUUa
Correspondence solicited.

««1I all classes

Securities.

"merchants' NATIONAL BANK,

RICUmOND, VIRGINIA.
Collections

made on

nil

terms: prompt returng^

John

K. Glen.v. Cash.

Southern points on best

^ BRANCH.

Fred.

11.

President.,

8coTT„viio-liea'U

Thos. P. Miller

&

Co.,

BANKERS,

nOBILE, ALABA9IA.

wHh Promp*
Special attention paid to collcorl.....s
of
reniltlancoa at current nitjM of exoJmn»«.ndav
Buy and »cU State of AUibama ano viij
laiymcnt.

X«T«*.

"'c^;,i'i'p"l.a^-B.^nk Of the State of
New ViTk Louisiana National Bank. >•» UCMWii
Bank of Liverpool, lJa>:tcd, Uverpool.
:

i

J

,

THE CHRONICLE,

if

fVoi..

Financial.

Financial.

Soutlicrn Bankers.

BRANCH

^k CO.,
THOMAS
BANKERS AND COMMISSION MERCHANTS.
RICHIflOND, VIRGINIA.

&

Barker

Albert E. Hachfield,

Tinker,

EXCHANGE COURT,

No. 2

Neiv York.

Railroad, for sale.

FoRBTCB

Henry

Western Bankcre.

,

Howard

Mortgages on Farms
AND

No.

Kansas City Real Estate,

&

Lapsley

Co.,

H. P.

SI

O ROAN,

PROVIDENCE, R.
on

Transact a General Banking Business. Including
the purchase and sale of STOCKS and BONDS for
cash or on margin.

WESTERN SECURITIES

Defaulted Cotinty, Township and City Bonds of
Missouri, Kansas and Illinois boaKht at beat rates

W.

Wh. W. Thor.vton, Casn
SO.\,

&

TIIORIKTO.V

r.

Collections made In Shelby and odjolninjt Counties
H?,;''""^'"'* remitted on Day of Payment.
ERKNCEs— National Hankof Commeroe.Now
York. Lnlon NBticinal Bank, Cincinnati. Third
Matlonal Bank, bt. Louis. Traders' Bank, Chicago.
Indiana Bankinu Company, Indianapolis.

KM

Farm Mortgage Co.
I.ATVRENCE,

D

A. BOOUY,

Co.

Box

P. O.

25

Jr,

yEj^INS,

f me

securities In the

NEW

or

reputable Securities

all

WANTED BY

market

for circular, references

S"""-*™ BANK. [CT.Walkir
llncorporrted I87!i.{
Cashier.

Pr()mpt attention ulren to

all

P. F.

business In our line

Jeff.

806

Mad.& Ind.lat & 2d
Cln. Ind. St. L.

a' KASTON.
wf^nS^^'
A

^Beferencee

New

Y. Stock Exchange.

Herts.

O.

BOX

s.

H. Nichols.

1S80.

r^

,.

VSf
"*" S^
^t.

BANKERS,

UNITED BANK B
Wall

STOCKS,

Street,

BOXDS

di

IT

II<

»ING

,

Corner Broadway.
COMMERCIAL PAPER.

bought

ness paper and other seourittes.

Buffalo,

*'*"'*»-

Wm. d. Hatch,
Member N. Y. StocK Kxch.

WM.

'.»'

^^'S^^l^,''^:

&u^nT.»^rb'i„\'=e"rsTn°dm^^r«™"«-^^^

Logan,

II. Cruqer Oaklbt
Maynahdc. Eyre.

R. TlLAVEKS, Special Partner.

&

Whitely,
NEW YORK.

BROADW^AY,

H. L. Grant,

BROADWAY

No. 145

NEW

YORK.

CITY RAILROAD STOCKS * BONDS
BOUGHT AND SOLO.
See quotations of City Railroads In this paper.

Investors.

BROOKLYN AND NEAV YORK
SECURITIES.
FRANK B. BEERS, city bonds,
10 Court St,

BROOKLYN.

31 Pine

NEW

St.,

YORK.

GAS STOCKS,
RAILROAD
STOCKS

ppnnty. City
Town Bonrioot Went. State*
V Wisconsin Central
BR. Old Land Grant Bonds
& Western RR. Stock.
* Puciflo RR. Bonds.

gt. .Joseph
St. Joseph
CItyot St.

Joseph Mo.. Old Bonds,
Improvement Co. SubsorlptlOM.
Brooklyn Elevatea HR. Socuritioa.
Anierlcan Cable Co. Suliscrlptloiis.
Midland Railroad of N. J. (*ocMiiitles.
Chioauo & Grand Trunk Kli. Securities.
South Carolina RR. Secnrities.
Grand Rapids & Indiana RR. Stock.
Clncinnitli Richmond & Fort Wayne Stock.
international

N. Y.

U^nJ'^J'l.lf '^aSie't^rn'?,'

c.

&

B. KINDALL.

•300.000.

BUFFALO,

Harry

To

and sold on commission at
51?. ''"."i"
wfi??'
New
\ ork Stock Exchange. Advances made on buel-

Bank of

Prince. Jas Whitely,

' '

o' M's-'ouri Kan.«!isand Illinois
a

'

Stocks and Bonds.
J. D.

CO.

In
York, bv rmnniDai/i.,
Dodg. Co 61 Wall St.: Jl'tch'A'K™
Bcference.^ In 6t. Luula. li.mks ite nerallre 12

*

INVESTMENT SECURITIES,
City .Railroad. Gas, Electric Light and
Miscelhmeou*

1st Con.

Dealers In Western Secnritlcs.
l«£Sfful'*'',i?S2'V

Co

SI Ezclianse Place.

Clncln'ti City 6s,78&7 S-lOs

.
*',!"'£'"'xf
H. H.

P.

LOUIS

ST.

78.

& Chic. RR.

Mills BnlldlngjWalld: Broad StB,,N.Y.

187L

KELEHER &
OLIVE STREET,

SECURITIES BOUGHT AT THE AUCTION BALKS.
3fi PINE STREET, N. y.
See advertisement In the Journal of Camnurce.

ANKERS
&, Tol. RR. Ist & 2d 7s C. Rap. Ia.F.& N.W.lst
7s.
Col.&Hock.RR. Ist&2d7s. C.Ham.&D.RR.Con.0a&7».
Ohio & West Va. iBt 78.
Milwaukee City Water 7s.

1>
JJ

ESTABLISHED

J. P. WliVTRIIVGUAHI.
GAS, INSURANCE, BANK STOCKS,&0.

Col.

8ys nnn

PINE STREET,
NEW YORK.

(Branch Office, 180 Fiah Ave.)
.„^" ^'"*sss of Railway and Mining Stocks bought
and
sold on Commission.
Telegraph Wires to Philadelphia, Wllmlng(..^"^n"!,®.
^n^^Bammore,
Washington, Boston, firld^eport and

(

(Paid-in)

No. 38

No. 64

N. V. IIART Audltorl

ROiK, ARK.

Davison Brown

Geo. Ale.xandeu Brow.n. Memb. N. Y. Stock Eic»

Prince

ENSLOW,

{•'•

German Bank,

Wm. Uarman Brown.

W.

AH^JS' vte?W
H- n'?«'"-'<'»- ProsidentrJ. t!
CHAS w oimVS' J'- "• U'^.'JKINS. Secretary

OAPirAL

FIRST-CLASS

Schuyler N. Warren &

- f^ewYoRK?

§t.

bought and sold In the OPEN MARKET. LOANS
and COMMERCIAL PAPER negotiated. Interest
paid on DEPOSITS, subject to check.

day of ma"1^
EiriVv^n v^l-'-'L
",'''•
''"•'"s promptly placed. Large
ir„i^i^il""'J
experience.
No losses. Send

I.ITTI.B

WILIilAM STREET.

52

4«7.

Purchase and sell on Commission GOVKRNMKNT
and RAILROAD BONDS and STOCKS, and all
classes of Securities dealt In at the
YORK

upon IMPROVKD
fVr««'*?'F"'^"^h'^"^'^'8
principal paid on

''pJi.Tj"^.'""
Fresldenu

lusnrance Stocks.

MORSE.

C. W. McLELLAN.
Reuben Lkland.

glXlJ^S.pOHDEN

KANSAS,

Treas.

Stocks.

3S Broadway, cor. Exchange PInco, N. Y
Gorernnicnt Securities, iStocksA Bonds
Branch Office, ViS La Sallo St„ Chicneo.
Bought and sold on Commission.
TRANSACT A GENERAL BANKING BUSINESS
INCLUDING TIIK I'UUCIIASK AND SAI.K OF
STOCKS AND BONDS FOR CASH OR ON MARGIN. BUY AND SKl.I, INVESTiMKNT .SECURITIES. INTEREST ALLOWED ON DEPOSITS
bUliJECT TO CHECK AT SIGHT.

STOCK EXCHANGE,

THE WESTERN

CHAS. W.GlLI.ErT,

IVOYES,

NASSAU STEEET,

Investment Bonds.

&
BANKERS,

SHELBY\^LLE, ILLrNOIS.

2?S?J** Investors the best

J.

KROKERS,

AN1>

C.

Stewart Brown's Sons.

(Kstaullsbed 1839.)

BANKERK

H.

W. C. Hill.

•ollcited.

Thob. M. Thornton.

P. O. BOX 2.647.
WAYLAND TRASK.

A. M. ElDDSR.

Correspondence

sale.

Bonds.

REED & HURLBUT,

I.,

LOUIS,

Investment Securities for

(Corlies)

Sell Ii^vestment Secnrltlea.

Sam'l ATCaylord^
IN

Bank

Newr York,

€0.,
LOAN BROKERS.
KANSAS CITT, HIISSOURI.

DEALER

Mexican

&

JARVIS, C09IKL,IN

ST.

Cincinnati Hamilton & Dayton Bonds.
Central American Transit Stock.

GAS STOCKS.
Telcgrapli and Cable Stock*.
TRUST COS.' STOCKS.

STREET,

No. 18 irAI.Ii

Bny and

6ESERAL AOENT FOB IfET? ENQLATfO
No. 3 Cnstom House Street,

Ists.

dealer in

CAJ Co.
BANKERS,

assume the responsibilitvof

of collecting the interest and prinOF
cipal and remit ting to investors.
and In case of any trouble or delay in making such
EXcollections.

to invest on satisfac
tory evidence as to securities, titles, &c. Address,

Louis

I-ndiana Ists.

CITY RAILWAY STOCKS

SAFE LOANS;

amount you would wish

St.

Nenr York.

farms In the best portions of Kansas ana Missouri.
worth from three to tive times the amount loaned.
Acknowledged to be the most ^iAKE and PROFITABLE form of Investing money known.
In an experience of many years and loaning two
million dollars, not one dollar lost.

•tattng

&

& Northern

No. 21

£Semi-Annual Interest to luTCStors.
We negothite Loans on Improved nnd productive

MAKING ONLY
CHARGE,
KUEK
AGRRELVG TO STAND ALL
PENSE and SHIELD 1NVP:ST0HS FROM LOSS.
TITLES GUARANTEED. ALL FUNDS PROMPTLY PLACED. Write forcircuIarandfulIparticuJars,

Joliet

W3I.

BANKEES AND BROKERS,
STRE E.T
%rAI.I.
5

NETTING SEYEN PER CENT

We

Bonds and Investment Seciiritieii
W^ A N T E D:
Indianapolis

BARKER, Member N. Y. Stock Excb.
Rensselaer westox.
tinkk

D.

C.

NASSAU STREET.

17

BANKERS AND BROKEES,

Virginia Bonds funded under the Funding Act
piused by the last Leirisluture. fo / ^r per cent commlsBlon. New North Carolina « per cent bonds, secured
by lien on the state's stock In the North Carolina

XXXVL

No. 31

WALL

STREET,

BANKERS AND BROKERS,
Befer to MesBn. Fisk

A Baich.

~ dti.ey",
Boueht
It by wm. R,
KO ai PINK e I'hEBT, NBW YORK

FURUART

THE CHRONICLR

84, 188?.]

niuranvo.

Iniomnce.

EQUITABLE

THIRTY-SEVENTH ANNUAL STATEMENT

Life Assurance
180
Itoiu.t

BUG AD WAY, NEW YORK.
nrom the Twentj-Tliird
Annual Statement.

AasBTd

37,367,076 39

SURPLUd

$10,658,674 47

lacoME

$1 1,897,171 41

Paid Poliot-hou)ER8

in

1882

.•i>5,i)77,r)41

written

basinesa ever transacted by
in a single year.

the largest

is

aggregate amonnt of new assurance
is larger than of any other
in the world.

Every Policy three years old becomes

INCONTESTABLE.

IMMEDIATELY,
less

»19,773,C0J 37

$1,008,029 83

37

2,(>O5,207

135,853

89—

DISBURSED IN

18S3.

To POI.ICriCOLDEBS—
Forclaime by death and matared endowments

33,177,507 27
1,230,500 68
901,486 23

Surplus returned to policy-holders.....
Lapsed and surrendered policies

$5,309,494 18

Expenses—
CJommisslons to Aiccnts, Salaries, Medical Examiners' fees, Printing, Advertising, Legal, Real Estate, and all other expenses

673,706 50
376,611 87—$6,364,812 58

Taxes

a discount, bat are

7,739,091 09

$36,537,184 46

Total to policy-holders

Incontestable Policies are payable, not
after three months delay, bat

and not

AaSETS, Jonuary 1, 1882
Beckivkd in 1882—
For Promlums
For Interest aud rents
Profit aud loss

any company

for 16 years

company

OF HARTFORD, CONN.
NET

$63,262,372 00

The newassarance

Insurance Company

Life

66

Assurance written in

1882

Its

COMECTICUT MUTDAL

?48,025,750 86

LuBiUTiBa

Nbw

OF THB

Society,

Balance Net Assets Dcoembor 31, 1892

$60,172,371 91

PAID IN FULL.

SCHEDULE OF ASSETS.

The Equitable has

NO CONTESTED CLAIMS ON

ITS

BOOKS.
The

attention of the public

is

directed

to the

TONTINE SAVINGS FOND SYSTEM,
under which
case of

full assurance is provided in
death, while surviving policy-

holders reap the largest cash returns.

The business of the Society

is

conducted

on the

and on the

PURELY MUTUAL SYSTEM.
Dividends are declared annually on
ordinary policies, and at the end of fixed
periods on Tontine policies.

The affairs of the Society are managed
by a Board of flfty-two Directors, divided
into committees, whose meetiugs are held
regularly from week to weeli, to invest
the funds; to review contracts; to examine
for assurance;

to

sanction

the payment of policies; to authorize expenditures; to examine vouchers; to count
securities,

and

$20,482,928
366,803
3,083,074
12,040,468
495,625
619,900
2,334,456
7,951,747
122,761
26,000
2,024.600
24,011

CashinBauk
Balance due from axents, secured

to inspect the records.

43
28
35
88
00
03
49
33
00
00
40
75

$50,172,371 91

Add—

CASH BASIS

applications

Loans upon Real Estate first lien
Loans upon Stocks and bonds!
Premium notes on policies in force
Cost of real estate owned by the Company
Costof United States Registered Bonds
Cost of State Bonds
Cost of City Bonds
Costof other Bonds
Costof BaukStooli
Costof Railroad Stock

$928,053 72
lti,590 96
440,397 07

Interest duo :ind accrued
Rents accrued
Market value of stocks and bonds over cost
Net premiums in course of collection
Net deferred (luartcrly aud semi-annual premiums

None.

12—

44,807

Gross Assets, December 31, 1832

1,130,050 87

$31,602,422 78

Liabilities—

Amount required

to re-lnsnro all outstandiog policies, net assum$46,848,704 00
ing 4 per cent Interest
Additional renerve by Company's Standard, 3 per cent on policies
17,446 00
Issued since April 1, 1882
All other li.-ri)iUties
1,028,874 57

Surplus by Company's Standard
Surplus by Connecticut Standard, 4 per cent...!
Surplus by New York Standard, 4 "a percent

—17,895,024 57
$3,707,398 21
3,724,844 21
6,830,000 00

about

873 per cent.
$157,105,731 00

Ratio of expense of management to receipts In 1882
Policies In force December 31, 1882, 63,GG2, insuring

The

uninterrupted progress of the
during the past twenty-three
years gives the best possible guarantee
that a present investment with the Equitable will prove of more value than with
any other company.
Society

H. B.

HYDE,

JACOB

JOHN

PHILIP

Vicb-Presidektb,

ALEXANDER, SAMUEL BORROWE.
WILLIAM ALEXANDER, SECRETJUir.

E. W. SCOTr, BVTEiaSTESDSXT

OF AOBKCIBS

GREENE,

PrcildonC

n. TATIiOR, Secretary.

Pbesidbnt.

JAS. W.

L.

General Agent for
No. 1

New York

WALL STREET,

S.

MILLER,

City,

Long

COB.

Island and

New

BROADWAY, NEW YORK

Jersey,

CITY.

THE CHRONICLE.

XXXVI.

[Vol.

Fisianciul.

In§iiraii€C.

February Investments.
4 ?1o'J.t City (111. Cent.), 1st, 79, 1917,
Pittsburg Con. and Equip. 7s, 1913.
Madison & Indiaaapolls RB. 1st, 73, 1006.

Iowa

Falls

CICT.

&

Jeff.

THIRTY-EIGHTH ANNUAL REPORT

Vandalla & Tcrre Haute guar. Sd, 7s, 1898.
Chicago & Grund Trunk 1st, 6s, due 1000.
Grand llapida & Ind. Guar. Land Grant Ist 73, 1899
St. L.

OF THE

Columbus & Hocking Valley Ist. 78, 18S7.
Columbus & Hooking Valley 2d 7s, 1892.
Cincinnati, Ohio. 7-803, duo 1902.
Columbus, Ohio, 4s. due 1001.

New-York Life Insurance Go.
OFFICE, Uos. 346 and 348
J-A.]SrTT.A.I^-5r 1,

Amount of Net Casb

$45,130,006.96

$9,604,788.38

$57,080,633.69

DISBURSEMENT ACCOUNT.
$1,955,292.00
Losses by death, including Reversionary additions to sama
Endowments matured and discounted, including Reversionary additions
427,258.95
to same
3,827,758.76
Annuities, dividends, and returned premiums on cancelled policies
$6,210,309.71.
Total paid Policy-holders
234,678.27
Taxes and re-insurances
1,332,038.38
Commissions, brolterages, agency expenses and physicians' fees
385,111.18—
OEBce and law expenses, salaries, advertising, printmg, &c

OF THE JTOCUISTITA MIPTOFFICE
ING CO., No. 18 Wall
New York. Feb.
1883.

".

.

St.,

DIVIDEND

$8,162,137.5*

ASSETS.
$1,276,026.67
in bank, on hand, and in transit (since received)
Invested in United States, New York City and other stocks, (market value,
18,072,074.81
$1 9,953,956.52)
4,133,065.13
Real Estate
lien
on
real
estate,
(buildings
thereon
insured
mortgages,
first
and
Bonds
for $17,950,000.00 and the policies assigned to the Company as ad19,306,940.16
ditional collateral security)
4,313,000.00
Temporary loans, (secured by stocks, market value, $5,191.139.50)
Loans on existing policies, (the reserve held by the Company on these
494,032.23
policies amounts to $2,690,961)
•Quarterly and semi-annual premiums on existing policies, due subse540,555.91
quent to January 1, 1883
394,395.19
'Premiums on existmg policies in course of transmission and collection.
62,424.95
Agents' balances

Cash

COMPANY, TBEASuuKa's OFKicE,

No. 17 Broad
York, F'ebruary 13, 1883.
Coupons of the Pend d'Oreillo Division Bonds of
this Company, due March 1 proximo, will be paid
upon presentation at this office on and after that

Treasur er.

IITIPROVEITIENT COMPANY,
OREGON
18WJ.
New York, February
10,

1

,881 ,881.71

la

Income
from

1,569,854.
1,731.721.
2,013,203.
1,955,292.

Interest

THEODOKE M. BANT A,

INDIANAPOLIS, IND.

R.

ARCHIBALD

H.

'

No.

7

TEXAS

Sc

COS'MIS.SION

Co.,

MERCHANTS

BEERS,

Chew,

J.
WALL STREET, NEW YORK.
RAIl.\VATfS,

nONDS, LANDS,

A-C.
Desirable Teiaa Securities for Investment constantly on hana*
Qso. F. Peabody.

Spenctr Trask.

Spencer Trask & Co.,
BANKERS AND BROKERS,

Stocks

New York City.
a General Banking Business.

Bought and Sold on Margins.
Allowed on Deposits.

Interest

,
'

Vice-President and Actuary.

w)T-'. -jo".

R. T. Wilson
BANKERS AND

I'ransaot

WELCH.

MHRRIfi
IM
""-'""•o CDAMITI
FRANKLIN
H.

CO.,
VICKSBURG, MISS.
COLUMBUS, MISS.

i

70 Broadway,

SUYDAM GRANT,

WILLIAM

circular.

MONTGOMERY, ALA.;

C.

llENRY TUCK, M. D.,
ALEX. STUDVVELL,

^^

THE LOIK.

TIJIES

FRANCIS SMITH &

EDWARD MARTIN,

)

Mort§ra??es

WORTH TUREE

\

JOHN MAIRS,

S'TU?KTi,"-"'}«<«''«"^''»-'-«'^HENBYTUCK,M.D..

% First

on settlement of next

COLLINS,
S. S. FISHER,
CHAS. WRIGHT, M.D.,
WILLIAM H. BEERS,

Cashier.
Superintendent of Agencies,

W. PARAMOKB,

ON

Jan. 1, 1880, 127,417,763.
Jan. 1, 1881, 135,726,918.
at risk
Jan. 1, 1882, 151,760,824.
Jan. 1,1883, 171,415,097.
$1,948,665.
Jan. 1,1879, $2,811,436.
Divisible
2,033,650.
Jan. 1,1880, 3,120,371.
2,317,889,
Surplus at Jan. 1,1881, 4,295,096.
2,432,654.
Jan. 1,1882, 4,827,036.
4
per
cent.
2,798,018.
Jan. 1,1883, 4,948,841.

B.

J.

Winter Months. Send for

DAVID DOWS,
HENRY BOWERS,
LOOMIS L. WHITE.

ROBERT

H. B. CLAFLIN,
JOHN M. FURMAN.

York.

COTTON PLANTATIONS,

TRUSTEES:

MORRIS FRANKLIN,
WM. H. APPLETON,
WILLIAM BARTON,
WILLIAM A. BOOTH,

B. O'DELL,

1878,
1879,
1880,
1881,
1882,

Amount

New

8

During tho year 12,178 policies have been issued, insuring $41,325,520.
'!*"!• !H^i^?2^
.
C Jan. 1,1879, $125,232,144.
Jan. 1, 1880,45,705.
Jan. 1, 1881,48,548.
Jan. 1, 1882, 53,927.
Jan. 1,1883,60,150.

TYNDALB, Secretary.

11.

President.

j 091 372.18
'
35'782.36

\

annual premium.

V 1879,
< 1880,
I '881,
V. 1882,

T.

&

For security, profit. Income and area, these afford
the most desirable income securliy In existence.
These Investments are made under our personal
supervision, and are only to be obtained during tho

to participating policies in proportion to their contribution to surplus, available

Claims
nald
*^~

1SS3.

ST. 1.017IS RAII.AVAY CO.
IN MISSOURI AND AUKAN.SAS.

i

$45,851,666.03
4,948,841. '79
estimated at 10,000,000.00

4 per cent

first

ONE

(3>2 por cent), payable Mar. 15.
1883, at the office of the Farmers' Loan & Trust Co.,
to the stockholders of record March 5, 1883.
The transfer books close March 5 and ro-open

Coupons duo March 1 upttn tho bonds of this company will be paid at the National Bank of Commerce

Surplus ty the Neijr York State Standard at i\ per ot.,
From the undivided surplus of $4,948,841 the Board of Trustees has declared a Reversionary dividend

_
^.
Death-

HALF PER CENT

frEX.\S

$3,164,210.03

/ 18'8.S1.687,676.

The Board of Directors have declared the
SE.MI-\N.VUAI. DIVIDEND of THREE AND

March 20,

DEDUCT—

Follcies in force

ROBERT LENOX BELKNAP,

date.

Adjusted losses, due subsequent to January 1, 1883
$351,451.21
Reported losses, awaiting proof, &o
138,970.23
Matured endowments, due and unpaid, (claims not presented)
53,350.43
Annuities, due and unpaid (uncalled for)
6,225.86
Reserved for re-insurance on existing policies; participating Insurance
at 4 per cent. Carlisle net premium; non-participating at 5 per cent.
Carlisle net premium
43,174,402.78
Reserved for contingent liabilities to Tontine Dividend,
Fund, January 1. 1882, over and above a 4 per cent.
reserve on existing policies of that class
$2,054,244.03
Addition to the Fund during 1382 for surplus and matured
reserves
1.109 966.00

of

New

Street.

Appropriated as follows:

Number

being F'lFTY SBNTS (50c.) PBU SHA'RB.
payable at the office of Lounsbery & Haggin, No. 18
Wall Street, on tho asth Inst.
Transfer books close on the 23d Inst.
R. P. I.OUNHnERY. Proaident.

$50,800,396.82

Returned to Tontine policy-holders during the year on
Matured Tontines
1.072,837.87
Balance of Tontine Fund January 1,1883
Bewrved for premiums paid in advance

7.

'VroRTHEHN PACIFIC RAII.ROAD

326,000.06— $48,918,515.11

1883

14,

No.

The Jocuistlta Mining Company h.^m this day declared a quarterly dividend of Fifty 'I'housand Dol
lars.

$48,918,515.11

Divisible Surplus at

The Board of Directors have declared a dividend o
per cent In cash, payable March 1, 1883, to the
shareholders of the Illinois Central Railroad Company, as registered at the close of business on February 10th; they have also declared an extra dividend
of ^ of 1 per cent In cash, payable at the same time
to said shareholders, out of the earnings of the
Southern Division for the six months ending December 81, 1882. The Stock Transfer Books will be
closed from and after February 10th until the morning of March 5th.
L. V. F. RANDOLPH,
New York, Jan. 18, 1883.
Treasurer.

Z%

deferred

1,

Co., Bankers.)

TliLINOIS CENTBAIi RR. CO.
-*
41st SEMI-ANNUAL CASH DIVIDEND.

Interest

CASH ASSETS, January

STREET.

fWlth A. M. Kidder &

1883.

Accrued interest on investments January 1, 1883
Excess of market value of securities over cost
*A detailed schedule of these items iviU accovtpany the usual annual
re^rt Jiied 7vith the Insurance Dejiarttncnt o/the State of New York,

WIWG,

T.

Vo. 18 WAI^Ii

452,161.00-$9,I5Z,627.38
premiimV January V, '1882.
and rents (including realized gains on real estate
3,089,273.21
soim
291,254.80- 2.798 .01 8.41-$H .950.645.79
Ussintireit accrued January l/issi:.:.;.'

Uss

various dates.

63,

CHAS.

REVENUE ACCOUNT.

Premiums

Louis Gold

BROADWAY.

January, 1,'1882

Assets,

St.

BII.\SCII

OFFICES,

Connected by Private Wires,

Philadelphia, 132 So. Third
Albaiiy,N.Y.,65

St., C.

F.Fox.

& 67 State St.,W.A.GKAVE3

Saratoga, N. Y., Grand Union Hotel,

.

I

xmm
HUNT'S MERCHANTS* MAGAZINE,
RKPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED 6TATE3
Entered, according to act of CooKress, Ib tbe year 1883, by

r

VOL.

Wm.

B.

Dasx

Sl Co..

In the uffloe of the Librarian of

OonxreM, Waahlagtcn, D. CI

SATURDAY, FEBRUARY 24, 1883.
NO. 922.
BXPOnTS OF MliEADSTUKFS FOB JANUARY AND FOU FIRST SKVKH
CONTENTS.
MOMTU8 OF THBKIS FISCAL YKAR8.

30.

THE OHBONICLE.
Our Wheat Surplus and Futuro Exports
The KInamliil Situation

The Erie's Trust Loan
The Coming Corouatiou aud
the

Pome

of

Europe

Monetary and Commercial
205
Enelish News
... 210
200 Commercial and Miscellaneous
208
211
News
1

Money Market, Foreign Ex-

Quotationsof Stocks and Bonds
Jfew York Local Securities
Railroad £arulu|rs and Bank
Returns
Investments, and State, City
and Corporation Finances..

change, U.S. Securities, State
and Uailroad Bonds and

213
214

THE COMMERCIAL
Commercial Epitome

222
222

Cotton

I

Breadstulls

I

Dry Goods

I

215
216

Total

wheat A

217

VALUES—
Wheat A flour.

218

22S
2ia

,

biiah

6.»so.or?
a3S,48«

82,ai8,i53

8,772,511
482.731

64.731,515

8,220,300

5,469,470

3,326.075

740,441

flour In bush.. 11,198,7M 107,230,7«8

8,044,800

81,702,902 11,502,874 120,816,023

Com and
Rj8

TIME?.

January. 7 Months. January.

QUANT1TIK8floiir./>dht

210|

Stock Exchange

January. 7 Monthi.

Wheat
Wheat

THE BANKEEtS" GAZETTE.
Slock.i
Range In Prices at the N. Y.

1880-81.

I

!

Oats
Barley

t

(

»

I

90.428,175
4.7Be.63S

(

»

12,935,823 125,388.145 10,588,380 100,33e,7!>l 12,0fl2,IS| 136,.<ie4,306
meal.. 2.014.812
7,399.306! 1,284,017 23,027.605: 1.81)2,886 30,161,709
619,585
19,376
81,780
446,480
120,988
1.325,515
1C0,<
11,078
8,385
180,061
8,447
111,653
5,885
189,033
12.280
121,012
616.307
4.08*1

'rot.valuo bread J

stuHl

Thb Coumbrcial asd

Fisascial

New York
I

Entered at the Post

Otilce,

U

Chrosiclb

published

New Y'ork,

As

in

every Saturdai/ morning.
|

be,

IN

For One Year (inclttding postage)
For Six Months

Annual suiiscription
Bixmos.
do

ADVANCEi
iJlO 20.

do
in

it

looks

now

as

t2

unless prices are run

sumption and

foi-C33

up to a

figure

which

it

is

all

the

may

restricts

out the last bushel from

As

if

it

con-

other

not wise, and, furthermore,

cannot bs profitable, to carry on a speculation that pro-

7s.

result, and moreover, as the foreign exchange
market depends so largely upon future shipments of this
staple, the question as to the surplus remaining is of

duces either

1 Ss.

Subscriptions will be continued nntll ordered stopped by a wrilUn
order, or at the pnfdieation office. The Publishers cauiiut be responsible
tor Kemittaucos unless made by Dralts or Post-Olhco Money Orders.

Civerpool

shipments of wheat,

sources of supply.

6 10.

London (including postage)
do
do

to further

world would need our contribution however large

N. Y., as second-class mall matter.

TERMS OF SUaSCRIPTiON-PArABLE

15.874,286 133,696,842 11,977.524 124,121,430 14.020,406 168.500.580

Office.

The otHoe of the Chbonicle in Liverpool
at No. 5 Brown's Buildwhere gul)»criptions aud advertisements will be taken at the

Of course, ho sever, only

special interest to every one.

i.>)

ings,

regular rates, and single copies of the paper supplied at Is. each.
A neat tile cover is furnished at 50 cents: postage on the same
cents. Volumes boaud for subscribers at $ 1 00.

WUXIAM
tOUH

a.

OANA.
FLOYU.
B.

)

}

WILLIAM
79

it

B.
81

DANA

(c

William

is

18

00., Fablishers,

Street,

NEW

YORE.

Post Officb Box 958.

an approximate answer cin in any casa be reached, the
actual crop
the first element in the problem
being only

—

matter of estimate.

—

The Agricultural Department, we have

no doubt, does the bast it can but it is a very large suband does not admit of exact results. In fact, its estimate 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;

ject

OUR WHEAT SURPLUS AND FUTURE
EXPORTS.
So much importance attaches at the present time to our
foreign trade movement that we give special prominence to
the statement of breadstulls exports for January, which has
Jaeen issued this weeli 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
lor previous years.
But at this time we propose to use it,
with the help of other data, chiefly for drawing certain

agement of the Ddpartmont, but is on'y additional proof
In a country where producits desire to be accurate.
tion covers such an extensive field, it is impossible to
draw exact conclusions, and opportunity must always be
afforded for revising and varying such estin-ates as the
marketing progresses.
So far as the figures of ship.n9nt3 to foreign ports durinferences as to the wheat surplus now remaining in the ing former years are concernt'd, an analysis of them
Hsountry and the amount probably left for future foreign offers no absolute guide as to the comparative rapidity of
.shipments.
They permit iiind
the movement in any subsequent year.
It seems that up to the Ist of February we had shipped perhaps authoriza a conclusion when all other conditions
•only about 107^ million bushels of wheat (including flour are similar; but in general it may ba said that early
reduced to whea:), against over 120 J million bushels to Feb. exports and a large production do not bear a correspondil,
18.S1
but that corn has now begun to pass oat freely, ing relation to one another. Still, tho movement of forthe January movement of that cereal reaching nearly 4 J^ mer crops must always bo the basis for judging of the
million bushels, valued at nearly 3 million of dollars, current one, conclusions to bo modified where differences
almost double the December movement and a half larg>!r in the conditions can ba suggested.
For the purpose,
•than the shipments in January of the abundant year of therefore, of seeing how the marketing hai progressed ia
1881.
The details are as follows.
former seasons, we give the following statement shoving
;

of

....

THE CHRONICLE.

2U6

the foreign exports of wheat for the first seven months
and last five months of each fiscal year for several sea-

floods,

having

all

even in 1880-81.

[Vou XXXVI.
the time

The

been lower than they were

ruling price here in

Dacember was

percenUges of the movement after February only about $1 10 for No. 2 Red Winter and about $112
in January, until the latter part of the month when it
It may be a little surprising to see with how much
Ist.
reached $1 17, an average of fully 5 cents per bushel less
regularity the percentages run.
than in the season of 1880-81 until the latter part of
FIVE
AND
LAST
MONTH*
SEVEN
FIRST
WHEAT AND FLOUR EXP0KT8
January and then still keeping below that season until the

sons, with

Total Exports.

ExporU

Bmhds.

BmheU.

23,455,883

72,912,817

3317

44,242,087

30,508,616

74,750,682

40-81

42,912,500

14,701,316
30,669.172

57,043,936

25-77

93,139,208

32-93

46,307.058
00,386,201

1«,687,619

31-85

180,304,176

38-42

188,331,614
121,893,380

34-70

62,470,124
101,380,591

119,937,915

121,620,810

64,710,804

83.590,417

38,301,072

Of the above the year 1880-81 as

1.

31-42

worth
Furthermore

facts as these are

considering in estimating the year's yield.

fall.

and anticipations expressed
summer and early
Even the Agricultural Bureau down to as late a

date

as October 15

they bear out

production bears

to

Such

scare the floods produced.

alter

Februari/

49,456,935

Bltshets.

1874-75
1875-76
1876-77
1877-78
1878-7*
1879-80
1880-81
1881-82

Percentage of

Exports Last
Five Months.

Exports First
Seven Months.

Ytart.

all

with regard to

the opinioas

the

crop during the

estimated the crop at 520,000,000

many good

bushels and

judges even

now

put

higher

it

than that.

But without attempting

to

determine that point defin-

itely, it seems to us that the facts already cited warrant the
If we were authorthe nearest resemblance
belief that the crop is considerably larger than that of
of
1
February
the
movement
subsequent
to
take
ized to
1880-81. One other question remains however,
for grantthat year and apply it to the present season, our total
ing
this, a marvelous difference of opinion still exists as to
exports for the twelve months ending the first of next
home wants. We know no better way to obtain a
July would be about 165 millions or say about 58 millions our
solution
of that doubt than through an examination of the
the five months beginning with the first of February.

to this season.

—

for

But are there not circumstances which should make the figures as to the disposition of the crops during former
marketing slower this year than in 1880-1? Price must years, and as we have now one crop reparted by the
always influence the movement, and low values following a census, and as the other estimates have been modified
season of very high values are especially disappointing. and fixed on the basis of the censm returns, there does
We have
W"e may see what has been the ruling differenco in this not appear to be much room left for dispute.
particular by a little statement of the average quotation at therefore prepared the following statement which brings
London near the close of each of the late months for out this fact very clearly. The visible supply we have
made up from the returns of about July 1st, adding the
four seasons.
OAZETTK AVEBAOE I'BICE PER QDARTBR AT LONDON NEAR CLOSE OF Produce Exchange figures of Sm Franciscj to those of
EACH MONTH.
New York so as to include the whole couatry. The
figures in full faced type

Ifear close oj

September
October.

.

1882.
42s.
Id.
40s. 3d.
iOs. lid.

.
.

.

November

.

December.

.

1881.
51s.
47s.
45s.
44s.

6d.

41s.

1879.

1880.

Id.
Id.
4d.
4d.

43s.
40s.
45s.
41s.

3d.
Id.
Id.
5d.

48s.
41s.
50s.
46s.

ures being omitted in
2d.
Id.
4d.
Id.

January
February

.

.

1882.
46s. 3d.
45s. Id.

1881.
42s. 4d.

Crop
Supply Accord-

'78-79

The foregoing

indicates a considerably smaller

to the producer than for

any year during the

return

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.

th ings being equal,
clusion

we

Tnat

is

four.

to say, other

draw

are authorized to

that con-

— a conclusion which finds additional support in the

fact that

our

last

crop was so very short and prices were

80 very high that farmers would be
fiuericed

by

But passing

this feature

directly at the marketing
find further

more than usually

in-

price in holding or marketing their produce.
of the

now

encouragement

to

inquiry,

and looking

West, we
the idea that farmers now

in progress at the

hold a larger surplus than usual.

For, according

to

the

Begin-

ing to

Total
Year's
Siipp'l/.

ning

AtjrlculVt

Tear.

Bureau.

bush.

bunh.

FtsiWe
Leaving lation
Total
Erp't'd Supply
in
Duritig End of Acc'nted\ for CotvsumpVn. United
Year.^
for.
Year.
States.

bush.

bush.

425,440 14T,88

5,318

last.

WHEAT.
Popu-

VislWc
Fisc'l

1880.
41s. lid.
3d.
45s.

42s. 6d.

millions, the last three fig-

are

columns except the

DISPOSITION OF THE PRODUCTION OF

year.

1883.
40s.
Cd.
40s. 4d.

all

bush.
1 3,609

bush.

brnh.

bush.

161,206 264,141 4r,0»0

bu.
5-6

'70-80

13,609 459,479 473,088 180,304 12,725 193,020 i80,050 48,500

5-8

'.SO-81

l'i,725 498,549 511,274 186.321

9,028 215,343 295,931 50,000

5-9

'81-82

a9,0?2 380,280 409,302 121,892 13,566 135,558 273,844 5-2,000

5-3

'82-83

13,506 •5*5,000 538,56611189.066 25,000 214.538 324.000 54.000

60

•J

This Is our own estimiite.
+ Includinc flour reduced to bushels.
*

is certainly a very useful and interesting
shows in tho final column a steady increase in
the consumption per head as it should, the area of production constantly widening and tho amount wanted for seed
constantly enlarging.
Besides as the country grows in

This statement

exhibit.

wealth,

It

it is

natural that a freer use should be

this necessary of life.

—

made

of

Tb.9 figares in tha last liue of the

—

above table ^the one covering 1882-83 are of course
our own estimates.
We give the visible supply at the end

latest returns,

it seems that, notwithstanding the
snowa of the year at 25 millions, not supposing the full amount
and storms, wheat has of late weeks been coming into the
of that total will be in sight, but part of it will go to make
Western river and lake ports as it seldom has come in
good the deficiency which the high prices of last year left
before.
Since the 25th of December the total receipts at
in farmers' stocks.
If, therefore, our deductions are corthe eight cities which are included in the usual statistical
rect, the remaiuing five months of the current fiscal year
tables have been as follows for the last five years.
instead of

will allow of

BECBIPTS AT WESTERN LAlUt AND RIVER FORTS
1882-83.

1881-82.

1880-81.

bbls.

1.487,008

1,272,433

1,221,980

757,862

888,062

Wheat. .bush.

8,196.161

0,107,165

6,208,673

Flour. ...bush.

6,873,638

9,694,128

6,691,536

6,725,948

6,498,685

3,410.379

3,006,270

14,837,727

11,833,113

nour

..

Total

10,7»6,358

1879-80.

.

9,784,017

the export of

82 million busliels,

the 58 millions given above on the basis of the percentage
1878-79.

that

was exported during same months of 1881.

THE FINANCIAL SITUATION.
The changes

13,690,407

affairs, so far as

in the conditions affecting commercial
any have occurred during the week, have

These are certainly very surprising results, for they have all been of a favorable
This is true both as to
character.
been reached under a smaller inducement than in
former influences wholly domestic in their nature, and also of
years, prices this season until after the snow
blockade and those which relate to our trade with the otitside world-

Febkuart

Ab

a

general business

result,

to ovory

is

recovering tone and

Such quick response as

volume increasing.

makes

THE CHRONICLE.

24, 18»8.J

the country

only indicates

favorable impulse,

sound on the whole the commercial situation really
Quite a sensible feeling of relief manifested

is.

itself at

the unexpected passage by the Senate of the tariH and

revenue

This

bill.

is

207

it would bftve b«en realized. TbetU*
week in exchange is the evidence of the favorabl*
how position of our foreign trade, for it shows that notwithstanding a partial, temporary check in the movement ot

its

not a measure up to the people's

turing railroad bonds,
cline this

produce,

how

small a supply of security

bills is

change the whole aspect of the market.

now

late in the season

to anticipate

required to

Of course

movement

a

it ia

of gold

through the House, it would this way, and yet, with a renewal of the shipments of
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 prothus quieting the fears felt of a disturbance to our bank ductions, a close money market here might at any tim*
note currency. It is, however, by no means certain that any find relief in that way.

desires,

but

if

could get

it

at least serve to prevent

further progress will be

made with the bill; in

the reports indicate non-action

fact as

by the House.

we write,

But

So

far as

stocks are concerned, the

made

noted above have

general influencet

httle impression.

There is, as tho
and perviews of policy change very quickly, and under the clear haps the tendency upward yesterday, if no untoward
demand cf the country for some revenue legislation, it event happens, may develop a more permanent .character
would be no surprise to hear of the sudden taking up and than such movements have shown of late.
Still, tho
passing of the Senate bill without amendment.
We ghosts of Wall Street are not all down yet. Furtherthink some such belief prevails here, in spite of the rather more, uncertainties still surround some of the leading
the period for

new work by

this

Congress

still,

as

now,

is^so brief

week

closes,

discouraging aspect of party caucuses up to this time.

stocks,

Another circumstance which has afforded relief is the
rapid subsidence of the Western floods, the resumption of
trafiSc throughout the agricultural districts, and the very
large movement of produce which has again begun.
This
latter circumstance shows how strikingly differently the situation is from a year ago.
Then the roads were hauling in
the mere remnants of crops everywhere short; now they
are drawing upon surplus property, still everywhere apparent and abundant.
This encourages the belief that the

to

railroads in the agricultural districts will continue to

make

favorable exhibits through the summer, and especially
the fears

should

lately expressed of

harm

to

if

the winter wheat

prove unfounded, as anticipated.

a somewhat

which help

a few of these

unsettled

less

feeling,

to depress other values.

last

week.

no decision with regard

We

i-eferred

The Governor has reached

to the

law cutting down the faro

The Legislature
be following up that senseless measure with other

of the Elevated railroads to five cents.

seems

to

This week the plan to lower the fares
on the Long Island road has received further attention^
and that has been succeeded by a like attempt with regard
similar proposals.

to the

Harlem, and with another proposition applying to the
We suppose none of these latter efforts

Black River road.
will

make much

progress, but they

show the

disposition

of a considerable class in the Legislature to follow popular

clamor even at the risk of bringing a railroad on to a
basis, as threatens to be the result of their

With a good non -paying

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.
the horse that was so cruel as to die when his owner had
Still another encouraging feature in the situation has just comfortably got him down to one straw a day.
Tho
been the dull, weak, lower and declining market for for eign 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 bhe 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 tho moment it was
The news that the negotiations for the purchase by the
difficult to sell commercial bills.
Probably the principal Chicago Burlington k 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 favoramounts 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 negoproperties.
Furthermore, the disturbed feeling was aided tiations was coupled with the announcement that arrangeby 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 figures for January of the troublesome.
These, and discussions about Erie's new
Bureau of Statistics, which show how very favorable our trust loan, were prominent among the many depressing
Ifcreign trade must have continued during that month. circumstances of the week.
The provision figures have also been issued, and these
The report of the Delaware Lackawanna & Western was
with our own cotton record poiijt to a trade balance in made public on Tuesday.
what indeed has
It shows
our favor for January of probably more than 27 millions, been shown before by the company, but is nevertheless a
making the total for the three months from November to remarkable fact in these days of stock watering and heavy
;

—

January both inclusive about 80

millions. This statement

sufEcient to explain the expectation

an influx of gold
considerable

in

we so often expressed

January and had

movement

;

this

it

is

of

not been for the very

way of governments and of ma-

capitalization

—gross earnings larger

than

total stock oml-

$27,006,267 in
1882, against $27,396,526 in 1881, a decrease of about
$390,000, but expenses decreased about $400,000, so that

standing.

These

gross earnings

are

1

THE CHRONICLE.

208

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

709,

company

out

of

which

new

cars,

locomotives,

the

tracks,

for

$931,701

spent

so that the actual

&c.,

At

distributed.

the meeting this

week

Interior

The following shows

New York

New York Lackawanna &
was finally ratified, according to which the Delaware
Lackawanna & Western guarantees five per cent on that
coDipany's stock and the interest on its bonds, involving a

the

It is interest-

charge of $1,220,000 yearly.

total additional

ing to observe that even if the new line contributes nothing
to net earnings (and it ought to contribute something at the

and quite a considerable sum in later years,
when it becomes firmly established) the Delaware Lackawanna & Western will, on the basis of last year's results, fall
but little short of the amount needed to meet the full
additional charge and yet maintain the present rate of
Eight per cent on the $26,200,distribution on its stock.
000 capital calls for $2,096,000; add this to the $1,220,-000
called for by the New York Lackawanna & Western, and

very

a total requirement of $3,316,000, againsli

remaining in the

$3,222,480

late

year,

and

this

$1,458,899
2.767,000

?923.000

$5,148, S99

$4,225,899

London and

prices in

relative

margin of

on cable transactions.

profit

Feb. 20

Feb. 19.

Feb. 21.

Feb. 22.

Feb. 23.

Lond'n N.T. Lond'n N.Y. Ltmd'n K.Y.

Lon'Vn iv.r.

prictB." tyrices. prices.' prices. prices.* price*.

prices.* prices'

O.S.43,0.

a.s.3«s

11955
10337

no-ti

nil -07

UO-H

119-67

119,^

losM

10S-B7
35-11

W3U

108-H

am

34-Ki

103 27
34-74

91-74

W^

93-79

esM

143)4

143-12

143

143 24

1-25

125-14

l2iH

12538

35-59

Si-ie

35M

2d con. 05-25
ni.Cent. 144-00

C.

125-14

Rcadins' 26-00 f
5ni
Oiit.W'n 25-W
25«
St. Paul. 100-60 I00>^

25-02

mi

25-39

2IM
»SH

08-65

t"

84,^

119-55

U9«

103-39

10331

35-23

t

85MS

93-79

03)4

142)^

14312

142)«

1S5
25-27f 51>4

124M

C9

las-as
25-031

S

25-27

51
25'^

98-9D

98«

20-27

g

25
99

99-14

a

Eich'ge,
cables.
*
1

4-88

4-S6

outset,

we have

3,G90,000

of leading securities, at the opening each day,

indicating the

S. Y.

Net Los0.

923,000

movement

Total.

the lease of

"Western (Buffalo extension)

XXXM.

fl, 458,399

Sub-Tieasiiry operations, net. .

surplus remaining for the stockholders was $3,222,480,
Only 8 per cent however
equivalent to over 12 per cent.

was

[TOL.
Inio Banks. Outof Banks

being but about 4 million dollars,) was $3,620,leaving as the balance for the year $4,154,181,

small,

.

486

4-P6

E.\-prcssedln tlioirNcw York equivalent.
Heading oa basis of $50, par value.

The Bank

of

England return

gain of £370,000
its

from 3^

rate of discount

for

to 3

week shows a

the

The Bank

bullion.

of France reduced

per cent and reports an

and of 1,900,000
Germany, since last return,
indicates a gain of 7,060,000 marks.
The following
the
exhibits the amount of bullion in the principal European
too banks this week and
at the corresponding date in 1882.
increase

7,800,000

of

francs silver, and the

Bank

$931,000 had been deducted for new equipment, &;c.
There seems to be a possibility now that money may

gold

francs
of

after

soon be

less

abundant than

although for the present
withstanding a liberal

The reason

centres.

light inquiry

for

it

the

at

movement

of funds to the

for this ease

is

Western

the comparatively

commercial purposes and the steady
which lessens the demand

to

movement

make money

Last year the
first

of biisiness and a
would naturally tend

revival

in stocks

active; but, unless this

exception, such activity

the

A

Stock Exchange.

maximum

may

season proves an

not be greatly

maximum
27.

Bank of England
Bank of France
Bank of Germany

22 970,046
21,200,220
39,619,769 43,402.732 33,033,240 15,287,327
7,706,250 23,118.750 6,916.750 20.750,250

Total this week
Total previous week

70,302,065 66,521,482 01,150,210 66,037,577
69,459,191 05,964.289 60,247,721 65,693.037

The Assay

through the Sub-Treasury §51,003
and the Assistant Treasurer received
the following from the Castovn House.
Office paid

for domestic bullion,

Oonslsllag
Dale.

Duties.

Gold.

21.

week ending March

surplus of $2,310,300 by the

year the

surplus

Silver.

prolonged.

There was a rapi.^l fall to a
deficiency of $2,618,050 by the week ending March 4, but
this was caused by the drain. of about 6 J millions gold to
Europe, and thereafter there v/as 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

ending January

Teb. 23, 1882.
Gold.

Silver.

surplus reserve of the banks for

quarter was $9,674,375, and was recorded in the

weekending January

Gold.

remains in good supply, not-

liquidation in the stock market,

steady upward

Feb. 22, 1883.

has been for months past

it

was $10,007,575

18.

in the

This

week

Since then the decline has been con.

Feb.
"
"
"
"
"

$188,107
177,701
573,191
708,520
663,213

16...
17...

19

..

20...
21...
22...

Silver Cer-

Kotes.

Certif.

tificates.

12
39
11

$9,000 $136,000
8.000 147,000
28,000 450,000
31,000 512,000
32,000 490,000

its

$339,000

$92,CK)0 $108,000 1,771,000

THE ERIE'S TRUST LOAN.
New York Lake Erie & "Westsrn has

first

$35,000
20.000
73,000
106,000
105,000

Uoli day

published
the

91

$2,311,093 95

Total.

The

Cold

$7,000
4.000
15,000
30,000
30.000

4-3

of—

U.S.

this

week

earnings and expenses for December and for

three months of

its

that the company's business

is

current

fiscal year,

showing

slowly but steadily increas-

and is likely to continue, although the payment of
For December there is a gain of $120,000 gross and
$2,812,500 interest on the 4Js, March 1, may arrest the ing.
reduction.
The Sub Treasury has paid nothing for bonds $60,000 net, and for the three months ended December
Notwiththis week, and its operations appear to have resulted in a 31 a gain of $227,000 gross and $195,000 net.
this
foreshadowed
standing
which
w.as
favorable
exhibit
gam, which is a loss to the banks, of $1,458,899. The
following shows the intsrior movement, which has been by the earlier returns for October and November the
price of the stock and of the second conFolidated bonds
largest to the grain centres where
stant

—

the

rates

of

exchange

has continued weak and lower, and

rule strongly against this city.

are
Kcceipts ai

and Shipments from iV.

r.

Jicceived.

—

Shipped.

some

influences at

it is

work tending

to

evident that there
depress the secu-

rities.

We do not think that a lack of confidence in the management is one of these influences, for the present directory
Total.
.^923,000
$3,090,000
has been eminently successful in its work thus far. Nor
Last week's bank, return was made up on declining do we think that the heavy increase in indebtedness during
averages.
Considering this fact, the following will the last ten or twelve years, which is so glibly cited by
Cuiuency
Gold

.

$1*09,0130

*l,145,00ti

14,000

2,515,000

indicate the character of this week's statement.

those

operating for a decline, has occasioned alarm, for

1

FsDHCAnT

THE CHRONICLE,

2i, 1888.]

money has been put

the

to very proGlable use in extending

and enlarging the property, so that now
condition the Krio ranks with the best of

and

is

able to

rather

is

command

its

lately iipgotiated, the

active

trunk

tiio

linos,

the biisinoss.

just share of

iinccrtainly about

tlie

in its physical

Ii

209

" had disburood on

those accounts."

of tho last annual report,

we

Turning

page 4

to

that during the fiscal
year ended September 30, 1882, the company sold $603,find

81G consolidated mortgage bonds, $2,460,396 prior

lien

Grand Opera property for $715,000, {ta
and unfavorable Cleveland Columbus Cincinnati & Indianapolis stock for

the proposed trust loan

discussion

bond?, also the

which it has given rise, and the manifest dis- $231,763, tho premises hold in Twenty-third street for
inclination of the company's officers lo let the public into .?20,000, and it had boaidos a balance remaining from the
the particulars, which are the inciting cause for the present fund advanced for construction of " N. Y. Lake Erie &
" Western Coal & R%iIroad" and other improvements, of
weakness in the securities.

comment

to

A "trust loan" in itself need
though

picion;

present, at least, while such
ly novel

not be looked upon with sus-

to some, no doubt,

convoys the idea

it

form of security

— that the company resorting

to

it

is

— at

compa-ative-

could not borrow

$621,129, giving altogether $1,661,
erty was sold

in the disposition

that

a large

traffic,

is

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
essential to continued prosperity,

this

way,

the

too,

for

it

says was

lO-l.

All this prop-

furnishes the answer

made

of

money

tho

was applied, we are told,
with $1,166,642 surplus) to improvements of
It

A

pieces of property ensuring

diflScullj',

report

The operation, as we said last week, is (together
company finds in the course of its road and property, to the acquisition of necessary equipcontrol of certain connecting lines, or of ment and real estate, " to the purchase of the capital

clearly legitimate.

certain

that

The

from tho same.

received

in the ordinary way.

business

— why?

it is

needed

funds

raised with

are

clear that investors are

less

more ready

to

Company

"stock of the Blossburg Coal
sequent page

is

"

(which on a sub-

stated to have cost $2,000,000) and to the

purchase of the "stock of other companies in which
" advisable for this

company

to

have a controlling

it

was

interest."

Now if the Blossburg coal property, among other purchases,
was provided for by the sale of the Grand Opera House
and various bonds previously unissued, as the report says
it

was,

it is

evident that the

company does not require

to

bonds now for the same purpose, and it must
be that in the interview Mr. Jewett was misunderstood.
The conflict between the two statements is probably susceptible of an easy explanation. But at present the di£ference
is certainly unexplained, and so long as this remains the case
issue other

advance money, with a specific piece of property as first
security, than they are with an eleventh or twelfth mort. those adverse to the Erie will give it the worst construcgage upon the whole property as their only reliance. tion possible. We trust, therefore, that the company's
Hence there is no ground for regarding the loan itself officials will deem it not incompatible with the Erie's inIt is certain that th^
the disturbance in market values terests to clear up the mysterjr.
as the cause of

The

the

we

reason,

real

character

of

the

tKink,

information

"We

the

is

given

out

indefinite

with regard

money

is

not wanted to meec interest charges 6r cXj)838S?;

for the earnings, as said at the outset, are steadily increas-

the ing, and in the late fiscal year were sufficient to meet all
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 threti^
The latest is a reported interview had with quarters of a million to surplus income account.
successful.
Another point worthy of notice is whether the new
Mr. Jewett, which appeared in the Herald of Wednesday. It
was of course known that the Erie had been making loan will impair or in any way diminish the value of the
large investments in coal properties and connecting lines property mortgaged to the second consolidated bondto

matter

transaction.

now, because

refer

particularly

one or two

to

attempts that

new feeders; but it was supposed that as holders. It is charged that some of the securities pledged
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' wittidrawn, and are now pledged against the new trust
sary means for continuing the same policy in the future. loan. Mr. Jewett, in response to a question, said that
and

in supplying

far as the past

Instead of that, the Herald

representative

President as saying that the loan

purpose of providing for

last

is

reports the

exclusively for the

year's purchases,

and

it

is

that statement which attracts chief attention.

We

this

was

so,

trustees of

some

that

the

new

of the trustees of

say that

among

of the

securities

loan were

the second

these there

now

held by the

formerly in the possession

and he

consols,

is

made to
Com-

are the Blossburg Coal

pany shares and the bonds of the Buffalo Bradford &
Reference to the mortgage which
Pittsburg Railroad.
reasons for not furnishing full details as would be the case gives the property embraced in it with much detail—'disshould he have in contemplation the execution of certain closes tho 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 public is to reveal any mention of the Blossburg Coal shares, and
quick to see discrepancies, apparent or real, between dif- as these were not acquired until 1882, and the mortgage
Etidently, thereferent statements, and in the present instance this is a^'grra. bears date 1878, this is not strange.
vated by lumored difScullies (totally without foundation, fore, there is a slip here, and this stregthens the belief
we are sure) in the company's affairs.
that in other respects Mr. Jewett may have been miscan, of course, readily believe that Mr.

Jewett has

—

been only partly or imperfectly reported, or that hs has good

—

—

"

The object

Jewett, " is

of the

collateral trust bonds,"

not to acquire

" future, but the

money

says

for anything

company had bought

in

Mr.
the

the Blossburg coal

" property at a cost of about $2,000,000

it had extended
Bradford branch at a cost of about an equal sum it
" had expended a large amount of money upon its Wee-

"

;

" to return

into

the Erie

company cannot

raortgai;e,

in

dispose of any of

the second consol

does not seem to be sustained.

—

Tho

right to

money which we

of road or its operation, is expressly reserved in the mort-*

It (the collateral loan)

treasury the

that the

was

;

property, &c.

The claim

the property originally included

one purpose or another, as from time
such
to time may be deemed advantageous or necessary
parts of it as are "not inseparably connected" with the line

its

"hawken dock

understood or misquoted.

sell

or exchange

for

—

..

THE CHRONICLE,

210

[Vol. JEiXVI.

Russia was dissatisfied

and Russia was but biding her
It was not difBcult for these
Bradford & Pittsburg for some other piece of property people to find the suitable time and the public has again
they have the undoubted right to do so, the only condition and again been notified that it had come. It had come
being that the trustee, the Farmers' Loan and Trust Com- when England was at war with Afghanistan. It had
pany, shall give its approval, which it is bound to give come when M. Gambetta became Prime Minister of the
It had come when France entered and
unless it "shall discover just cause for withholding French Republic.
also provided
that where occupied Tunis.
It had come when England threatened
"the same." But it is
disposition
of
any of the property to put down the rebellion in Egypt. It had come again
or
sale
s
is made, the security created by the mortgage shall not when England had put down the rebellion, and did not imbe impaired, but the proceeds " employed in the payment mediately withdraw her troops and leave Egypt in a worse
" or reduction of the interest or principal of the indebted- plight than she found it. It had come once more when
"ness secured hereby, or in the improvement of the M. de Giers made his not well understood visits to Berlin
" premises hereby conveyed." This phraseology appar and Rome. And it was but yesterday that the wildest
ently admits of but one construction: whenever the rumors were again set afloat by the visit of the same
company withdraws any of the property secured by the statesman to the Court of Francis Joseph. M. de Giers
mortgage, it must give an equivalent either in money, in however, is home again
and the most warlike news we
property, or in improvements. And the latter we presume hear from the Russian capital is that preparations are

For instance, if the Erie directors consider it
gage.
advisable to exchange the company's interest in the Buffalo

;

time to take her revenge.

;

;

it

proposes to do.

THJS

COMING CORONATION AND THE PEACE
OF EUROPE.

now nearly two years
Emperor of Russia. It was
It is

since the assassination of the

repeated; but

it

not altogether unexpected,

was universally lamented, not alone
itself,

so in

its

Nor

general aspect than ever.

the situation less promising if we fix our attenon 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 anxious to renew the triple alliance, and that she wished to
is

tion

for the warnings had been numerous and the threats often

caus» of the brutal act

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

be-

but also because of the proof

carry Germany and Austria with her in regard to certain
gave that the vast Empire of Russia was helplessly at
projected movements in the East. It may be true that she
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 foreposals were received.
However that may be, it is now
Been, 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 reRussia.
The dual alliance remains and so long as it conspects the most undesirable position, in the Empire.
The
tinues, it is a good guarantee for the peace of Europe in
vacant place was filled but the fear of giving the Nihilists
one direction.
another murderous opportunity has been sufficient to
There is but one other possibility of war disturbance.
delay those ceremonials which are deemed necessary to
The
feeling is not yet kindly between France and Gerthe confirmation of royal and imperial authority.
many.
So long as Gambetta lived there was the possibility
At the end, then, of two years, and early next month,
of a war of revenge. Gambetta, however, has been removed
unless some untoward event interferes, St. Petersburg will
list of the motive forces of the time
and it is
witness a scene which, for military pomp and external from the
doubtful if there is any living Frenchman, compesplendor and magnificence generally, will surpass anything
measure the risks of such a venture, who would at
of the kind which has been seen in the present century. To tent to
US the event is interesting chiefly because it seems to en- this time counsel another test of strength with Germany.
courage the hope of continued peace. It is very satisfac- France may have some domestic difficulties to ovarcome
tory to know that Russia is seeing better times; and it but we do not look upon her as a possible early disturber
it

;

;

;

;

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
will be all the

well, too,

if

this shall

connected

foreign conquest.
tain quarters,

and

with

self-preservation

or

with

In spite of existing discontent in cerin spite also of certain possible

changes

in the form of government on the part of some of her
neighbors, 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
It is also hardly possible to doubt that there
is a

her.

real

improvement

Besides

in the internal condition of the country.

outside circumstances seem to encourage
auch a hope. It is true that we have had of late, and
indeed, any time during these last two years, all kinds
of
all this,

disquieting rumors.
its " scare."

that of San

disturbances, as

we

Altogether then, in spite of local

said above, the outlook

is

peace.

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

of the peace of Europe.

Scarcely a month has gone without

The

substitution of the treaty of Berlin for
Stefano has proved a rich mine to the manu

Xjcturers of war alarms.

Russia had been outwitted

RATES OF EXCHAN&E AT LONDON AND ON LONDON
AT LATEST DATES.

KSOHANQE AT LONDON- Feb.
On-

Time.

EXOHANaE ON LONDON.
Latest
Date.

Time.

Sate.

3 mo6. 12-4% a>12-5i4 Feb. 10 Short.
Short. 12112 ai2-2i3
3 mos. 25-47ia»'^5-52l2 Feb. 10 Short.
**
"
2002 820-66
Feb. JO
•'
"
20-62 ®20-66
Berlin
Feb. 10
'•
((
20-62 -320-66
Frankfort...
Feb. 10

12 00

Amsterdam
Amsterdam
Antwerp

.

—
Hamburg
. .

"
18--I0 ®lS-45
"
23i4®2338
Peiersb'g
Short. 25-20 a>2r,-27H Feb.
Paris...
3 mos. 25-i2i2®-25-47>2 Feb.
Paris
12-10 al2-12ia Feb.
Vienna

25-24
20-13
20-43
•2013

Copenhagen.
St.

Madrid

*•

46

Genoa

ti

2.5-70

Lisbon
Now York...
Alexandria..

'*

Bouioay

..

Calcutta

..

.

Hong Kong.
Sbangliai

•

10.

Mate.

®46J8
»23-75

'*

....

....

25-21
25-22««
11-95

....

51I3i,ajll5j8

....

60 days

10 Short.
10 Checks
10 Short.

le. 75]6d.
Is. 'Bied.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

10 Short.

7 3rans.
10 Inios.
••
10
f<
10
10
'

4-K24

BCa
Is. 75,„a.
Is. T»«,d.

38. b>«a.
5s. Id.

—
Febrvary

:

THE CHRONIOLK

24, 1888.J

I

:

Prom our own oorrMpondent.

211

will be able to relieve the

I

LoNDOK, Batarday, February

3, 1883.

There ban been rather mure demaod for money this week,
and the rateH of diHcoant have Homewbat improved, but the
quotation for three months' bank bills is not more than S\4, per
cent. The weekly Bank of England statement is very catisfactory, the proportion of reserve to liabilities having risen to
the somewhat high point of nearly 48 per cent. The note circulation has fallen off, while the supply of bnllion has been
augmented by |30S,341. The Bank rate remains at 4 per cent,
and there is certainly more prospect of its being lowered than
of an eady return to higher quotations.
The foreign exohanr;e3 keep favorable to ns, 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 condition, the supply of bullion havinir fallen to £18,772,387 and

taxpayers to any material extent. 0p
to the present time the receipts into the Excheqaer show only

a small increase over last year, notwithstanding the looreased
income tax. The expendltare has, however, been augmented,
there being an increase of nearly £2,000,000 for the army tad
navy. The expenditure going on in those services, and espedally in the latter, is very heavy, bat it has probably been
justified by the recent events in nonneotion with Bgypt.
The weather continues nnpropitlous for the farming interests, and it is impossible to proceed with the nsual agricultural
work. It is said, however, that in spite of the fickle weather,

autumn-sown wheat looks well in certain localities. Farmers
have been threshing wheat rather more freely of late, bat 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
The Bank rate bad, in conse- in price; but it is difficult to establish any material advance.
The following return shows the extent of the imports of cereal
At the present time matters

the total reserve to £9,175,182.
qence, been raised to 6 per cent.
are very quiet, both in mercantile circles and on the Stock Exchange, and there is every reason for believing that a cautious
policy will be observed for some time to come. The situation
cannot be said to be one of complete confidence. Becent failures
Btill exercise some influence, notwithstanding that the tin plate
trade is one of small dimensions, or, rather, is carried on only by
a few firms.
The leading characteristic of last year's mercantile operations was that it was attended by small profits, though
the aggregate business done was larger than in 1881. The
extent of our trade will no dcubt suffer no diminution in the
current year ; but competition being keen, profits are not likely
to^be augmented. The period of large profits has evidently
passed away, and it is doubtful if it ever returns. Short
credits or cash payments are 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
;

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.

1881-2.

Wheat

owt. 28,757.926

Barley

8,i04,6:.«

Oats....

6,561,816
981, 13U
998,319

Peas
Beans

com

Indian
Flour

5,64i»,on3

6.820.816

.'..

1880-1.

26,843.456 25.750.29i
6,561,092
6,923.M81
5,(i93.1f;3
1,150,623
804.209
1,2-.'0,9H2
728,048
1,037,153
10,611,230 15.188,.576
3,:140,IS0
5,739,564

1878-9.
30.25'2,239
7,9^9,.323

6,936,900
1,163,640
1..302,987

9,978,673
5,282.463

BUFPLIES AVAILABLE FOB CON8D1CPTION.
1880-1.

1R78-9.

tmporte of wheat. owt.28,7,V/,w28 26,843.450
3,340,150
Imports ot Hour
6,320,816
Sales of home-irrown
....18,522,000 17,690.400
produce

25,750,295
5,739,561

30,252.239

15,214,280

10,973,8-20

47,874,006

46,704,139

46,503,522

1881-2.

188!:-3.

Total
51,100,742
Av'ge price of English
wheat for season, qr.
41s. Id.

47s. 01.

Visible supply of wheat
inthelJ. 8.... bu3h.2I,900,000

17.800,000

5,28'2,463

8<t.

478.3d.

23,400,000

30.750,000

428.

:

Per

Bank

cent.

4

rata

Open-market rates
30 and tjO days' bills
3 niontlis'

3>4®—
3^di3^

bills

Opon-ranrRet rates—
Per cent.
4 months' bank l>ill8
3^4(^3^
G mouths' bank bills
3'4a33g
4 di 6 months' trade bills. 4 aii^

Enffllsb

The

market Reports— Per Cable.

daily closing quotations for securities, &c., at London,

and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending February 23:

The

following rates of interest are allowed^ by the jointand discount houses for deposits
Ftr cent.
Joint-stock banks
3
stock banks

Stooount bouses at call
Do
witb 7 or 14 days' notice of withdrawal

3
3 "4

Annexed is a statement showing the present position of
the Bank 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:
Clroolation
Public deposits
Other deposits

1883.

1882.

1881.

A

«

£

£

25,895,520
8,618.112
24,981,S51
14,351,714

24,771,335
5,972,5a9

25,100,175 2.5,115,355
.5.787,202
6,803.119
22,049,000 22,931,026
11,883.372 12,510,343
2l,2.i0,231 25,543.6c9
12,!i55,d52
9,935,710

1880.

Proportion of icserve

46-15

to liabilities
Bank rate

45

33 Hj
Gp. c.

49^

4 p. c.
3 p. o.
3'a p. c.
Consols
102^8
9958
OSig
9834d.
Eng. wheat, av. price.
40s. 6d.
lOs. Id.
44I-. 2d
42s. 7d.
Mid. Upland cotton...
5iS8d.
7isd
C»,fid.
638a.
IfiO
»0. 40 Mule twist.
9%d.
V»d
lOM.
10 lad.
4(1.
Olear'ic-houee return. 103,685.000 101,396,000107,886.000 92,811,000

The following are the current rates for
foreign centres:

.

IJcrlin

,

Bank

Oi)en

rate.

Market.

Pr.cl.
313

Pr. et.
333
3»8
3^4

4

Fraukfort
Uauiburx....

Amsterdam

.

6>a

3
5-4

money

at the leading

d.

507,8

Consols formoney
102%
Consols for account
1021a
Fr'ch rentes (in Paris) fr. 7955
U. 8. 5sext'n'd into3'iS IOOI4
a. 8. 4ias of 1891
U. 8. 4s of 1907
Chic. Mil. & St. Paul
Erie,

comm(m

115%
....

123
103B8

36%

stock

nilnols Central

1473t
N. Y. Ontario i West'n. 261a
6II3
Pennsylvania
Philadelphia & Reading. 26=8
New York Central
129
Liverpool.

Sat.

Flour (ex. 8tate)..100 lb.
"
Wheat, No. 1, wh.
"
Spring, No. 2, n.
"
Winter, West., n
"
Cal. white
"
Corn, mix.. West.
Pork, West, mess ^ bhi.
Bacon, long clear, new..
Beef, pr. mess, new, ^J to.
Lard, prime West. |) owt.
. .

(IJheese.

Am.

flneHt

H.

d.

12

6

611
80
48
87
57
66

Hon.
501a
10238
10.' »8

79-72 "a
10614
115»8
123
1031a

36 •«
147 id
261a

em

261a

129

Man.

Titet.

5

9

6

509,fl
509i„
10238
102%
102 la
1021a
80-00 80-22>a 80-25
100 14
106 14
106H
11578
11 578
U57g
12318
12318
12318
101>9
102
3'-l8
3HI4
36
11714 147 14
147
2618
2«ia
OO-'s

2578
128^8
Tues.

6
9 5
9 6
9 9
9

6 11

80
49
87 O
57 6
66

Tkurt.

Fri.

60I3,a ?008
1025,8 1026,8
l'>27,8 1027.8

12

9

Wed.

6

GlOia
80
49 O
87
57
66

Glifl

61%

26

2638

128^9

Wed.

80-1-4

106%
115%
123
10113,8
366,8
14714

26

dm
267l8

129

IH.

I7i«r».

t.

d.

(.

d.

:

12

6

12

6

12

9
9

5

4

6
9 9

6

9 6
6 101s

80
49
86
57 6
60 O

9 9
9 6
6 101a

80
49 6
86

©ommcvcliil vlmA I|HsccUauco ws

el.

6

9 6
6 9>s
80 O

65

^^l^c

e

ws

—

Bank
rate.

Pr.

Bmssels
Moilrid

Sat.

Silver, per 01

26,951.6ti4

Gtovemm't securities.
16.481,713
Other securities
22,214,!)35 18,091, .595
""
ve of notes & coin.
15,231,061 16,312,770
Coin and bullion in
both denartmcuts.. 22,395,827 19,301,065 26,126„534 28,314,105

Paris

London.

:

et.

4

Open
Market.
Pr. ct.
3=8

and ol her

Spanish
Vienna

cities.

N. Y. call

money

4>«
4is

i^
414

233

The Bank of 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.

National Banes. The following national banks hare lately
been organized
2,882—The First National Bank of Felicity, Ohio. Capital. $50,000.
David H. noover. President; Saniael F. Watcrfleld. Cashier.
2,383- The Traders' National Rank of San Antonio, Texas. Capital,
SIOO.COJ. John M. Brownsou, President; James 8. Thornton,
ashler.

2,S84—The First National Bank of Marshall. Mo. Capital, 100,000.
James W. Goodwin, President; A. S. Van Anglen. Cuahier.
2,885- The Delphus National Bank, Ohio. Capital, $60,000. Theodore
WrocUlagc, President; Joseph Boehmer, Cashier.
2,886—The Valloi' Nati(mal Bank of Des Moines, Iowa. Capital.
$150,000. J. J. Town, President; William D. Luciis. Cashier.
2,887—The Hot Springs National Bank, Arkansas. Capital, $50,000.

Bombay. The silver market is also dull, and the quotation for
Andrew Bruon, President H. K Jackson, Cosliier.
more than 50 9 16d. per ounce. Mexican dollars'
iMPOBTs AifD Exports foh thb Wbbs. ^The imports of last
have been disposed of at 49d.@49%d. per ounce, but 49^d.i9 week, compared with those of the preceding week, show an in49J6d. is now required. India Council bills were sold at the crease in dry goods and a decrease in (general merchandise. Th<«
$!10,019,:197
preBank of England on Wednesday at Is. 7 %i. per ounce. Since total imports were i.9.719,9a7, against previou.s. Thethe
export*
ceding week and ;f8,382,8Sl two weeks
the Ist of April last the sale of these drafts has reached a total for the week ended Feb. 20 amounted to 16,963,600, against
of £10,808,829.
$6,157,093 last week and $7,771,094 two weeks previous. The
Bather more than ten months of the financial year have now following are the imports at New York for the week ending
(for dry goods) Feb. IB and for the week ending (for general
elapsed, and the forthcoming budget will be awaited with some
merchanaise) Feb. 16; also totals since the beginning of Brat
•nilety but it is doubtful if the Chancellor of the Exchequer week in January
in

;

fine bars is not

;

—

:

.

THE (CHRONICLE.

2J.2
FOREIGN IMPORTS AT

Gen'l mer'dlse.

1880.

188!.

i3,0o0,903
5,703.937

Qen'Imei'diBe.
Total 7 weeks

.f3,007,599

6,052,303

$9,273,000

$8,820,900

$9,547,904

t9,719,9G7

$in.0i8.249
42,723,080

$17,047,435
33,045,991

$21,107,295
41,110.500

$20,421,338
42,374,148

.1.01,771.929

$51,293,429

505.283,801

$02,793,480

Total
Since Jan. 1

D17 goods

liiSS.

1882.

$2,808,720
6,401,274

For Week.

Dry goods

NEW YORK.

In our report of the dry goods trade
of dry goodH for one week later.

be found the imports

will

,,,.,*

(t
foUowini? is a statement of the exports (exclusive
ports for the
specie) from the port of New York to foreign

The

week ending February 20, and from January 1 to date
EXPORTS FKOM NSW TORlt FOR TUB WEEK.

1883.

lb82.

1881.

1880.

$0.9fi3,0r0

Fertile week...
Prev. reported..
Total 7 weeks.

:

42,205,023
$4'?,

451.005

$49,944,040

$45,280,050

$49,108,023

table shows the exports and imports of specie
Feb. p, ami
at the port of New York for the week endinsr
1882
periods
since Jan. 1, 1883, and for the corresponding

The following

m

and 1881

EXPORTS AND IMPORTS OP 9PBCIK AT

NEW

Gold,

Week.

OrPAt 'Btitain

......

$

YORK.

Since Jan.l.

Week.

SineeJan.l.

"7,169

389,310

ay.sos

13,301

5.5.4'9"4

1,285

205

(i,500

$34,150

$20,735
7.2S7
91,392

291.891
4,708,687

--

All otlier couutriee

Tatal 1S&3
Total 188 J
Total 1881

$
1,07C',65S

5,103,998
115,9150

$451,500

Silver,

$215,975
20.000

West In !

$1,712,554

17.762

320
4,5.832

2,808

South AinTica
All otlier coim tries
Total 1883
Total 1882
Total 1881

9

9

9.8,315

b

i',200

$242,575
251,500
405.835

$1,802,105
1,770,180
1,010.570

Of the above imports for the week
American gold coin and $3,517 American

$49,070
19,842

223,040

—

Schnylkill

&

Lehigli.— It

is

reported that foreclosure pro-

commenced on account of the coupons of
being unpaid. The road extends from Reading,

ceedings will .soon be

37.9.16

211,883
13.010
2,100

$313,011
213.975
510,»53

in 1883, .? H,6j9
silver coin.

There are $1,500,000

were

Ogtleiisbnrs & hsie Chiimplain.—This company's $3,500,000
6 per cent bonds authorized in 1880. but not heretofore issued,
are now ttfered to the public. These bonds are a first consolidated mortgage, due in 1920, interest payable in April and
October. Friends of the road believe that the construction of
the new road from Swanton to Rouses Point by Mr. Vanderbiit
will insure a prosperous future for the Ogdensburg and the St.
Johnsbury loads.
Bailroail Construction (New.) -The latest information of
the completion of track on new railroad is as follows:
Pennsylvania.—The Weftern rennsylvania division is extended from
Blairsville, Pa., east 5 miles.
This is a total of 5 miles, makin.s 168 miles thus far reported for
1883. against 419 miles raported at the corresponaiug time in 1882 and
173 miles in 18S11. The weather thus far this year has not been favorable for track-laying —Railroad Gazelle.

first

mortgage bonds.

—

Paciflr. A report of the Government directors has
been submitted for the year 1882, which contains little informatin pertaining to the operations nf the road. The following
is a statement of the floating debt on the 29th of November,
1882, as submitted by the company's officers
$',980,903
Bills pavahle
2,002.840
Pn.v-rolls and vmirliers
3,741 .302
Accounts payable

Union

9

"ibo
Mexico

with an extension of the St. Louis & San Francisco southward
through the Indian Territory, SO as to form one line from St.
Louis to Houston, Texas. The Morgan Compauj' also owns
almost the entire capital of the Gulf West Texas & Pacific
Railroad, extending from Indianola northwestward 70 miles;
also a. short road between Houston and Clinton, on Galveston
Bay; thus controlling altogether about 850 miles of road ia
Texas, or 1,100 miles in Louisiana and Texas.
It has been reported tliat Mr. Gould was asked to .ioia in the
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 syndicate is probably satisfactory to him, as the Atlantic & Pacific
and St. Louis & San Francisco are owned jointly by the Missouri Pacific and Southern Pacific managers, and the competitive through business of the Texas Pacific and Southern PaThere is every reason to supcific is pooled under agreement.
po.se, therefore, that the Texas Central and its feeders will be
worked in harmony with the rest of these two great Southwest
systems, which now divide between them that great triangular
section of the United State.", of which St. Louis, New Orleans
and El Paso form the salient angles in the common Wall Street
phrase they have a "corner" on that district.

,

9

9

XSXVI

November last
Pa to Slatington, 41 miles, and is worked by the Philadelphia
& Readi/ig Co., the rental being the net earnings of the road.

Imptirts.

£lxporl8.

[Vol.

:

Flo.atlnsdoht In the opinion of the U. S. Commissiontr of
Railroads
To which should lie added th<! foUowinu' othordebts:
Iiiteiest on 1st inortga','c bonds (including Dec.
$353,770
1. 1882. coupons).....
Interest on l>t mnrt. bonds accrued, not yet due 782.313
Intere.^t

on

otlier

bonds

Interest on other bonds accrued, not yet due

$8,725,107

•

r 0,409
537,750
08,889

Dividends unpaid
Uividpuds ncerned, niimelj', Iwo-lhlidsof Jan.,
710.131
1883. dividend
61,000—
Culled bonds not presented for payment

2,564,271

$11,289,378
Gross amount of floating or unfunded debts ...
Against which the resources of the company, excluding
investment accounts and bonds and stock of other comvanies,
applicable thereto were as follows:
$.5<12..549
Cash
1.829.822
Accounts re.-elvablo
2.302.942
by
the company
C'nntpan.v's stock and bonds (twned
01,000
Sinliing JFnnds with trustees to pay called bonds
112,307
Rills receivable
231,049
Due from oilier ennipnuics on account of traHic b.alanee
3,007,880
Fuel, materials and stores on hand
$8,198,218

Total

$3,091,160
Net floating debt November 29, 1882
la preparing the above statement,Jhe 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

debtat $3,r91,160.
Below is an official statement of earnings and expenses
1881 and 1882 on the whole system of roads:

—

1881.

1882.

in

Decrease

Ttierenar.

Sonthcrii Pacific— Morgan's Lonisian.i & Texas— Konslon Kirninga
$329,831
$30,034,090 $30,303,927
7.' 0.718
16,001,950
16,8i;,668
Centra'. —The recent purchase of the securities held Expenses
by the estate of Com. Morgan, from the heirs, by ihe Southern Netcarnings
$13,221,427 $14,301,977 $1,080,549
Pacific Railroad syndicate, consists of the entire capital stock
Vermont & M.issiichnsetls.— A special meeting of the
of Morgan's Louisiana & Texas Railroad and Steamship Comwas
pany, the par value of which is $5,000,000. The company owns fltockh'ilders of the Vermont & Massachusetts Railroad
the i<sue of
250 miles of railroad in Louisiana, terminating at New Orleans, hfld in Boston, and a vote was passed authorizing
and a fleet of sixteen steamships, most of them of iron, six of $1,000,000 five per cent twenty-year bonds on the fir.st of May
them of large tonnage plying between New York and New next. The proceeds of these bonds are to be used in payment
next
Orleans; the others ply between Morgan City and Galveston, of the $.550,000 mortgage sixes, which reach maturity
Galveston and Indianila, Galveston and Corpus Chiisti, 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 Afsurarce Society publish in another
The Morgan r.iad has $5,000,000 mortgage bonds upon it, in
addition to $1,000,000 upon the Alexandria extension. The column items frcm their twenty-thiid 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
Ser share, or $7,500,000 for the whole. The 144 miles between sixty-two million dollars, the amountpaid policyholders during
ew 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 River, makes New Orleans
indicate not only the standing of the Fquitable Cfmpany in the
the initial pijint 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.
Franci.sco under the fame ownership and control.
Auction Sales,
follo.ving, seldom or never sold at the

& Jexns

—

—The

The peculiar significtnce of this transaction arises, however, Stock Exchange, were sold at
from the fact that Com. Morgan in his lifetime purchased the Adtian H. MuUer & Son:
controlling interest in the Houston & Texas Central Railroad,
Shat-cs.
one of the oldest f f Texas roads, with a valuable land grant of
20 Morris Cani;l und B.ant'g
Co., consolidated
5.500,000 acres. This control is represented by $4,400,000 of
5314
1 Newport Casino
$100
its stock, which was owned by the Morgan Company as an
1 Right N.Y. Soc'vLilirarv $4
Houston
"The
Texas
Central,
&
in
asset.
its turn, is the owner
22 Jlerch'ts'Ex. Nat Panic. 95
of a controlling interest in the Texas Central, a tributary line
31 Mercb'ts' Nat. Bank
129
21 Am.E.\c'eNat. B'k.l27al2-'ij
leading from Waco northwest; also of a controlling interest in
5 St Nicholas Bank
130'4
the Texas Central & Northeastern, under construction to the
5' Phoeni» Naioaa! Bank .100
nortbero boundary of Texas, near Paris, where it will connect
Hanover National Dank. 141^

auction this week by Messrs.
SharrF.

12 Nat. Bank of Cimmerce.130%
18 Peoria & Biueau Valley
Rll.Co.. gaai-aii'd ps...l35

40 Hank
12

Home

of

America

Ins'irajice

151
144

.

Co

too Wnlkins Autonrie Signal

Tebgraph Co. $1 75

i3

share

J'ond.

$3,000 KnI.keib'r Ice
buuds, due 1S90

Co., 79

105'a

1

FKBnuAnv

THE CHRONICLE.

24, 18t3

213

ExehanifP.— Foreiitn cxchang* ha* f^en perreptihly weaker
''"
'•• of
-' •*-' bill»^gnir.»it
'— R«TuritieH
and
thesupply
ritieH hhiiiiMd
hhimMd i»
iM 1m.||<vi'<|
1m.||,.v.-.| to
tc
""
bo on the increase. The
demnnil
id for ••xcliiinKe
••xchiinKe JM
in reliiliveir
relnliveli

-—

'

DIVIDBNDS.

Hmnll.

To-day, actual rates on biink( r»' prime
le flO (lny«'
<l«y«' hjlfg
hllfi
demand. 4 85i<(: rabl.H. 4P« ('<intin<ntnl billi
82J<;
were as follows, viz Francsli 22'^(»'iei;,', nn.l 5 20 nnd ImV;

wero4

TbefoUofflnK illvldemla have reoontly boon aunouuoed:

:

Per

Kame of Company.

Otnl.

Sookt

irA«n
Payable.

(Day

Olo$ert.

inelutUt*.)

Mallroada.
Boston & Ail>aiiy ((|nnr.)
I'll.t; Co.
OrorK'H Kit.
luwa KolU .t .siuiix ("ity
>1i

2
(qiiar.)..
(qiiar.)..

Mch.

:)1

Ai>rll

15

Mrli.

Mnb.

A

IliulBiin

1\

Cuiml (guar.)

.Mcli.

niid

Febntnry. 39.

10 Fnb. 20 to Mch. 11

FEB. 31. 1S83-3 1'. M.
Financial Situation. Tho events

—

of tlie week liuvo in some respects been rather favorable for
the encouragement of a better feeling in business circles. The
United States Senate Ijos passed an internal revenue and tariff
bill, and some of the best-informed correspondents at Wash-

who are inclined to view all sides of a question, feel
very confident that this bill, either as it is or with modifications, will pass both Uouses before the close of tho session.
ington,

Should

— and

this bo tiie case

it is

;

13 to

NEW YORK. PUIDAY.
The MoMpy Market

,'

1

niNccllanennit.
Del,

."5

reichsmarks, 94f'8((/ll4;!C and «.'ii,Jfn9.'ii
guilders 3!),'„«||(lii'.
Quotations for foreign excliange are us follows, the hJgtiMt
prices being the poatfxl rates of loading bankers:

known that difficulties
melt away just at the close

well

Priiuo l)ankors' sterling bllla

Prime ooiumcrclal

titly Day$.

82M9IH3
4SI>4»< f-W
4 80\S4 HI '4

on London. 4

Uocitnientaryoominerolal
Palis (frauua)

Amaterdam

,.

,.

(xulldera)

Frankfort or HrHinan (rntchuiarkal

Coins.

.

&32>i»3ZO
39 V • 40
94)t«

95>8

BcmanH.
4 %f,WiH 89
4 81 94f4ia
4 83>3»4 84

5 20

40
95

•5J0'4

9
•

4014

95 H

—The following are qaotations in gold for rarioa^ eoink>

Sovcrelpjg
$4 '?.T<.j».'ii4
Sapoieone
3 83 9 3
K X Kclchmarks. 4 7.'i 9 4
tUiillders
3 96 9 4

Silver >tiiand >«s.

87
77

Five friinrs
Mcxicar. dnllam..

00

915 75
Uex. I>ouliU>on>i..]5 50 915 65
H'ncgllver uars .. 1 10°49 1 1
Fine z(>l'l barn
par^^i prflin
Dimes & >a (llnicK. — uQ'^a P"r
jiiuu'liDo>ibloon8.15 5.5

— 90\9 par.
— 02 9 — 95
— 8I)'«» — 87
Do iincoininerc'l. — K5 9 — *0
Enfrllsh silver
4 75 9 4 1:3
Pnis. sIlT. ilinlcrs. — 68 9 — 7r»»
U. B.trwie dollars — 99>4 9 — 9l>i

87

U.S. surer dullan—

99^9

par

United States Bonds.— The government bond market has
apparently insurmountable often
been variable and unsatisfactory, owing to the -groat uncerof the session the main cause for uncertainty in commercial tainty hanging over the action of Congress in regard
to the
affairs would be removed, ard merchants of all classes would revenue and tariff bills.
If the bill is riatsed, and the governagain begin to put their business in motion and adjust their ment income materially reduced, the low-interest bonds
redeemable at pleasure will advance in favor.
sails to meet the requirements of tho new law.
Tho closing prices at the N. Y. Board have been as follows:
The monetai-y ease in England and on the Continent is
Inltretl Feb.
Feb.
Feb.
Feb.
reft.
iVfr.
another feature of no little significance in view of the fact
Period: 17.
19.
20.
21.
22.
23.
that we have a good supply of stocks and bonds always ready
continued at 3>9.. Q.-Feb. •103'<. *103% M03!|| •103IS1
•103^
for those markets, and even this week it is reported by the 5s,
4>«a, 1891
re(?. q.-Mar. *112%| 112'b •112%
112^,
'112%
coup. Q.-Mar. 113'8|*I133« *1U
bankers here that the demand from abroad for our securities, 4'«s. 1891
113%
113V
is, 1907
res;. Q.-Jan.
11!I»»|*1)06h ;iii% •11958
•llOSg
both of the investment and of the speculative sort, has been 4», 1907
coup. Q.-.lan. -119»8'1I9I>B lift's •11908
'119»8
*103T»
res. Q-Feb. *104
'lOl
101 >8 104
considerably abovo the average of previous weeks in tlio cur- 38, option U. S
Ss.cur'cj, ISa5..reg. .). A J. *128
'123
*128 '128
-.28
n
rent year. This has its influence on exchange and tliere is 68,cur'o.v, 5896. .res. J. &. J. '120 *lin •129 •129
•129
tf8, oiir'ci-, 1397..re>r. J.
dt J. 130
'IKO "130 •lao
•130
little doubt that a firm and healthy market in Now York
8s, our'oy, 18)8..reK. J. A J. M30
*13uis'130 •:30
•130
•130
would soon stimulate this demand from European customere. 6s,our'ov. 1893. .ror. .7. * .1. n.TO *I31 •,3.. •KJO
•This U tho pi'ico bid at the mornin;; board u:> »ale w.is lu^ule.
The account of railroad construction in the United States
during 1883 has now been compiled by tho Railway A^e,v!M\
0. S. Sub-Treasnry. The following table shows the receipts
more precision on tho later details of information received, and payments at the Sub-Treasary ii. this city, as well as th»
balances in the same, f.'i eoxh oar of th- past week:
and the total even exceeds the first estimates. The summary
Balanfff.
shows that the construction in forty-five States and Territories
Beeeiplt.
Paymenli.
Dale.
Coin.
Currency.
on 342 lines of road amounted to ll,3i3 miles, or about 2.000
miles more than in 1881. The construction is divided as fol4
$
i
17..
1.757.865 95
001.2M 2n 119.648,308 04 6 356,630 68
lows : In five New England Slates. 53 miles in four Middle Feb.
•'
1,312.0.SI !>5 119,606.602 45 0.445,4.1.1 90
19..
1.3H!».190 40
20..
1.115419 01
68:J,718 5'i]l20.174.='3!) 55 (i..'H39,217 25
States, 1,315 miles; in five Middle Western States, 2,077 miles;
" 21..
1.066,20J 92
630.062 B3 120,593,>i85 30 U.3;.0,011 53
in eleven Southern States, 1,490 miles; in four States in the
" 22..
IlMli'day
• 23..
l,553,0'i3
80
1,730,132
18|I20,0U7.247 58 6.16.->,o40 91>
Missouri River belt, 2,063 miles; in five States in the Kansas
belt, 2,1.57 miles; in five States in the Colorado belt, 1,133
r.itjil....
6,911,703 14
5.290,209 75
miles, and in six States in the Pacific belt, 1,020 miles.
State and Railroad Itonds.— The dealings in State bonds
This is a grand record of industrial enterprise in a single have been small, and even the Arkansas bonds have shown
Today the Louisiana consols sold "seller
year, and it suggests the rather practical thought in connec- few transactions.
tion with a bankers' and stock brokers' business, that there 30" at 72J^@73, Tennessee 63 old at 43, and Tennessee com-

—

•

.

:

;

—

;

••

must have been created something like $587,000,000 of new
stock and bonds, based on this new mileage of railroads.
The money market has shown a trifle more firmness this
week, and while the rates for call loan.'* 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
3J^S3 per cent. Government bond dealers still pay 2Ca3 per
cent for call money, but the short revenuobonds of Now York
city issued at 3J^ per cent draw off some of the savings banks
and trust money. Prime commercial paper is quoted at 5@
5/^ per cent.
'The Bank of England weekly statement on Thursday
showed a gain of £370,000 in specie for the week, and tlie
percent.ige of reserve to liabilities was 44 1-16. against 44 15-10
last week
tho discount rate remains at Sj/g per cent. The
Bank of Franco gained 7,800.000 francs gold and 1,900,000
francs silver. The rate of discount has been reduced to 3
from Z\4 per cent.
The New York City Clearing-House banks in their statement
of Feb. 17 showed a decrea.se of $2,741,875 in their surplus
;

reserve, the toUil surplus being $3,674,835, against $6,419,700

the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years:
18P3

DilTer'neet fr'm

1882.

Feb. 17

previous Keek.

Feb. 18.

li^81.

Feb.

It).

lioani HDd dlB .t32:t.3>2.10li iiiciii.sco.noo $329.o.".n.3)t .J1320 807 3:10
Specie
on i)'iD,:)0O I)(!C 2, U>:<.-MO\ MiA7i).u(H
«5.K4 9.(i00
Clrculailon..
lO.rilil.OJO Inc.
7!).;J0O
3 0.!)75.ax
l*.259,500
Het depu.ilte
3io.n-2.7i)0 Ufo.
3!>7.700 30.i,8>'7,lOO 3117.71 H. 100
Legal t(«D(l.^rk
•JI.3J3.7;»> Dcu.
411100
18,065,010
I4.887.20O
Legal renwrve. ^TT.ITS.lTSnco.
? 00.4:5
»T6.47I,775 *7ti.0:9..'i23
Beserv« Uuld.
>^l 35J.00Ol>w. 2,814,300
77.544.0.^0
80.736,800
BilTDllM

»3.U74.8a)'Dof.t2.744.8T5

*1 .07V .225

$3,807,275

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 tho 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 and MisccUaneons Stocks.— The week has been
broken by the occurrence of a holiday on Tluirsdav, and up
to the close on Wednesd.ij' the market showed but little
healthy animation. To-day there was a better tone and more
business, and, as all tilings go by comparison, it was one of the
strongest days that has been experienced in the dulnessof the
past fortnight. One failure of a respectable firm of stockbrokers was announced to-day, but it had no general significance, as the misfortune occurred through the embezzlementR
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 ui>on the long value of

The Vanderbilt stocks close stronger, and Omaha
was conspicuous in to-day's advance. Lackawanna has lieen

stocks.

firmer since the publication of the report for 1882. The HnnnilMil
St. Joseph negotiations are reix)rte<l to have come to an end,
because tho C. B.
Q. would give only a 4 per cent Iwnd in payment for the Hannibal common stock. TheWabash sto<;ks liave
recovered a part of their decline, but tho full text of the decision in favor of the equipment bondholders has not yet come
to hand. Missouri Pacific h.is been weaker than the rest of
the market, and, in spite of the heavy earnings, closes below
The Southern roads show good earnings as a rule, but in
par.
the Northwest the spring months are looked forward to foran
increase in tr;i flic, as merchandise kept back no.v must then
move. The sale of the Morgan's roads and steamships, including Houston
Texas Central, to the Southern Pacific, ia
prol>ably an accomplished f|u:t, notwitlistonding the contra.*

&

&

&

dictions.

—

.

.

THE CHRONICLE.

214
BANGE IN PRICES AT THE

N. T.

STOCK EXCHANGE FOR WEEK ENDING FEB,

DAILY HIGHEST AND LOWEST PRICES.
STOCKS.

Monday,

Saturday,
Feb. 17.

RAlL,KOAD-«
Boston

AN.

Y. Air- Lino, pref.

Bnrlinnoii Cedar

•80
89=4

JtNo..

liap.

Canadian Paciflc
Canada aouMieni
Cedar FallR tfe Minnesota

Central Iowa
Central or New Jersey
Cential I'aclilo.
Clit'sapeake A Ohio
Istpref
Ba
2d pret
Da
Oblc»ffO<& Ait-on
pref
Do

82
69=4

(55=8

Ut)=8

71

TiU

79 '« 80=4

—

*20>ii

*30
'23

2113
30>i

Feb. 19.

Tuesday,
Fob. 20.

80>a
8118
69=4
63=4

801a

"80
82
59=n 69=8
63^8 64=4

68=4
79=8

7118
801a
21

6SI4
7914
21

69=8

SO

30

30

21
30
-23
1301a

25

•136

81V
59=4
65i:

13-J
....

Wednesday
Feb. 21.

21
136'

130
133

<b

Qnincy

& St.

Paul
prel

Do

58I4

64=8

66%

2,200
23,250

69=8

68=4

73 I4
80=4

68,050
27,270

80%

21
21
301a 32 13
23=8 23=8
130 130

iViJie i'lSJa

100 '4 101
•II7I9II8

>i

,

5ie
513
5 Is
6
6
118=4 120=8 1131411914 118i3lla=8 119 Is 120
44I4 4518
4313 41=3
43=8 44I4
43=8 44 'a
•35
8713 87 13
•85
8.S
SS
*8B
90
5

Oolnnil)iiR Olilc. <t Ind. Central

Delaware Lackawanna & West
Denver A JUo (irande
Dabnqae *k Sioux City
Bast Tennessee Va. & Ga...
,

Do

8i%

•15

prel.

EvansTllie &, Terre llnnte
Fort Worth >t DeriTir City
Green Bay Winona A St. Paul
Hannibal <& St. Joseph

3=4

I512

.

Do
Houston

«&

•40
83
73
143
77
27

pref.,

Texas Central

Illinois Central
leaseit line
Do

Western
Western

Indiana Bloom'u

Lake Krie A
Lake Shore
Long Island

jl

Looisville<!i Nashville
LonisTllle New Albany

Manhattan
Dc

26I4

108
61 >i
53ie

48
•87
90
•461a 49

Istpref

Do

161a

Id's

38
»0 84
911a 94
pref.

Minneapolis^

25

Louis

St.

Do

6015
30
30=8
100=8 101=8
I5I2
16

Missouri liansas A Texas
Missouri Pacillo
MobileJt Ohio
Morris i& Essex
Nashville Chattanooga <& St. L
New York Central A Hudson

New York Clue. «& St. Louis...
pref.
Do
New York Elevated
West.
New York Lake Erie
pref
Do
New York & New England...
New York Now iinVtiuA Hart.

•571a

3U
43

81
•70

821a

72

2713

5812
123=8

28=3

8i»

8l8

14=4

I513

15 Is

6
G
•41
42
81=4
81
•70
1121a 143

27

Is

•46 "a
I5I3 151a
36 '(
36
•80
84
90=8 82=8
16"
43 13 4:5=4
•J4'2 26
58
58
29 •18 3018
9U"alOU's

121
67

121
57

12413 125i«
1013 :o=8

oO
•45
•83

•45
•16

36
-80

90

Do

pret

Do

pret

OhloCeutral
Ohio & M Bsisslppi
Ohio sou tlieiii
Oregon & Tvans-Conttnontal..
Peoria Decatur & EvansviUe..
Philadelphia -Si UuailtnK
Pittsburg Ft. Wayne AChic...
Ken Bselaer A- Sa ral oga
ltich.& AUegh., st'ck trust ctfs.
Richmond A Danville
Kichmoud A West Point
Bochestcr it Pittsburg

Rome WaLei town A Ogdensh

St. l^ouis

A Terre

Alton

Do

St.

'

172
25 'a

172

17:

25=1

2513

173
25=4

40 14
40
46 14 47

39=4
45=8

8118 81

SO '4 81 14:

^s

914

9=,

8218

82=4

20

20 =L

•611a

52=8

49 Hi 50 14
21
211a
17=8

18'6

66

'3

661a

•i'li'si

'soi-j

pret.

A San

Louis

liaute

Francisco

Do
Do

pret .
iHtprer.

42',
22',

Wabash ;*t.
De

A

Louis

Pacihc

...

pref.

MISCELLANEOUS,
American Tel. A Ca .lo co
Bankers' A MercUauts' Tel
Colorado Coal

A

1

9=4

29'
14.
9913 100-4
15
15

120
•661a

173
25

JSav. Co...

Pacillo Mail

Pullman Palace Car
Quicksilver Mining

Do

..'.

pref

West em Union Telegraph
ButroTunnel

Adams

26
107=8407=4
60=4 61 >8
51's

•45

13
30
•80
OOH)

42=4
23 13
5413
29 '8
t'O-"!

•15

120
oti'^j

52=8

60
47
88
47
15
36
85
91=8
16=4
4'J

23 13
55

30«
100=8
17

120
57

173
25 14

39=41

39

39=8j

41'e
79=8

46

10>4

3116

31i8i

81

«2<^

79

80=8l
IOI4I

31'4

81
19=4 20 14

641a
'95
•29 "3

06
97
32
48 13
91

10
5013
•21

28 14
46=4

30
106

65
"30'

104%

107=4

70

70

18%

>I139

5%

5'4

119%121=s
43=4
•86

44=4

8=4

8=4

15

81
•70

88
15

14

81",

74

142% 143
27=4
.i6%

28
27 li
109 %

%
01% 61%
32% 53%

107

-45% 47
•85

87
•46% 47
17
17
37
37
•80
85
90=4 93

42% 43%
24

25

56% 66%
29% 30%
9314100%

32

79=4 "80 "a
20-4 20 14
60% 6II4

67% 67%
121% 125=8
10% 10%
24% 24%
•100

36%

107
36

FargoA Co

124

COAL AND MININU.

25'

9%

30%
13
80
20
51

83=8

10^
31
13

82%
20
62 '(

135

50I3
•21

51
23

•29

•25

Homestake Mining

30

,

5ii,O70

5,400
31.703
3,698
1,010

32,506

3,765
3,485
70,801
38,901
6,541
1,000

20
36,230
2.805
86,200

230

62%
21% •./2%
18% 18%
51

67
97
•29

48
•89
•33
•91

135
37 14

1.600
1,100
20,08J

29

27 14

28=

25.780

47%

45=4

47 =j

77,3.55

65

65

640

21

30% 31%
106% 108
•20

21

133

40%
120
10
44
81

39% 41%
117 119%

8

10

41% 41=4
80% 8i%

1,800
5,353

810

122
2713

135
91
64
123
2713

135 135
133
90 '4 9114
9014
6J
62
62 %
120 124 •120

27

27

•26

135
91
63

124

30

135

•14

Penusylvauiii Coal
5<a

Cameron Coal

6-e

18

"5'i"'5'3

135

90% 91%
-81

120

65
124

•26

30

15

16%
18

"

27'.

27

21

37%
97%
82% 97%
031.

124
136
122

5

Jan

38% 74%

98%
8
16
15% 20%
82

10% Jan
75

Jan

68

33% J an.
6% Jan

29%

46=4 Jan,

45
72

5S%
68

53%

Jan

19
65
85

Jan.
Jan.
Jau.

49%
23% 45
98
120%
49% 65
46% 1 00 "4

Fob.

63

Feb.
Jan.
Feb.
Feb.

28%

12
35=4
119=4 128

10%
27
100

J an.

14
18

727

13-i

44% 60
2334
66=4

%Jau.

130 133
234 90%
165 61%
125 122
27

Feb.

16% Feb.
17
!70

5%

%

Jan.
Feb.
Feb.
Jan.
Jan.

46=4

27% Jan.

20
20

40
50

53
31
43

94%
40%
66%

79=4

26
68
108
34

Btormont Mining

74
132

33%

30%
13% 23

19

's

40

33
128

163%

32=4 48=4
117
145

14%

S

40
76

If

%

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

1

149%

90
6 62
8 125

132

97%
80%

5

19

27% 36%
16% 19=4
111
2%
1',
2%

Jan. 16 13
Feb. 2 240

8
Jan. 3
Jau. 12

26
245

4%
18

19=4

37%

1%
2%
4
2%
1%
6=4

%
1
2

1%
•

62%
93%

5 133

Robinson Mininx
Silver Clier Mining

99%
55

102=4 119=4

17
18

42=4

166%

65
125
25

Jan. 19

6% Jan.

106%

98% 119=4
23% 39%
45% 71%

19

:70

40
250
263

17% 36%

% Jan.

3

67%
139

13
52
23

69% Jan.
Jan.
3.5% Feb.
109% Jau.

Jan. 6 135 Jan.
Feb. 15 93 Jan.
Fob. 9 03 % J au.
Fob. 19 126 Jau.

23%
98=4
39=4

131% 144

133

83% Jan.

11

60
23
130

Jau.
104=4 Jan.
36% Jan.
67% Jan.

Feb.

42

27

43

Feb.
Feb.

d'i^

100%

11% 25%

Ja>i.

Jau.

24

16

147% Jau.

Jan

186

20% 31%

40 % J au.

Feb.

4,430 39
2,668 117
8
200 37 %
08,486 79%

43=4

88%
60%

67
43
168

.34% Jau.
54% Jan.
100% Jan.

Jau.
Fob.

17=4
.37%

109%

33%

1011=4 Jan.

25 J an.
14 Jau.
35 % J au.
144 Jau.
43% Jan.
126 Jan.
8% Feb.
41=4 Fob.

87%

47

123% 138

87% Jan.
13% Jau.
34% Jan.

105%
19 % Fob.

68%
36%
77

26% 42%
86% 112%

Feb. 2| 13=4 Jau.
Feb. 20 89 Jan.
19% Feb. 19 28 Jau.
49% Feb. 20 58% Jau.
135 Jan. 2 138 Jau.
139% Jan. 3 142 Feb.
10 Fob. 20 15 Jan.
47 Jan. 13 Go Jan.
21
Fob. 16 '29 Jau.
22 Jau.
16=4 Feb.
32 Jan.
32% Jan.
71
Jau.
48 Jau.

1'28

93
105
21

19
59

Feb.
40% Jan.
83 Jan.
52%Jiin.
175 Jan.
27% Jau.
18 Jau.
49=4 Jau,
6 1 =8 J an.

97%

56
37

41=4

1

Feb.
Fob.
Fob.
91 Feb.
133 Feb.
36=4 Jan.
91% Fob.
26=4 Feb.
45% Feb.

60%
98%

77
77
13

.Jan
48% Jan.
30=4 Jan.
6-(% Jan.
34% Jan.
105 % Jan.
19% Jau.
124 J.-iu.
61% Jan.
1'28=4 Jau.
5 % Jan.

Jau.
29=4 Feb.

78

40
82
40
13

18

Feb.
Fob.

57

42% 82%

100% J an.

35
105

92%
160%

30

Jau.
Jau.
Jau.
Feb.

90
53

111%

61
127'

33% Jan
114% J an.
63

86=4
42=8

16
110

6

8; =4 Jan
7ii
Jau.
:47 Jau
81 Jan
33 Jan

Feb.
Feb.
Feb.
29% Feb.
98% Feb.
15 Feb.
120 Feb.
55% Jan.
124% Feb.
Fob.
10
23 Feb.
Jau.
101
34% Feb.
75 Feb.
45% Feb.
169 Jan.
25 Fob.
18 Jan.
38=4 Fob.
44 % S'eb.
79% Feb.

140

3% 21%
116% 150%

89% J an.
Jan,

140%

13.5

Feb.

129% Jan
51 % Jan
18%

175

29=1

Jau.

%

160=4

58%
97% 117
65% 92=4

Jau,

84
142

29

.96% 128%
114% 144%

J,i,ii.

55

41%
145%

146
120% 141

113% Jan

52

29
10
79

Fob.

136% Jan.
151% Jan
127% Jan,

42%
22%

9%

19% 27

Jan,

122

80%
83%
73"
30

14
27

125% J.an.
108% Jau

17% Jau

17%

.

35% Jan,

44'

130

"363

300
200

60
67

143

48
90
35

39,1 '20
192,3>55

Jan.
Jan.
Feb.
71=4 Jan.
15 Jan.
28 Jan.
76% Jan.
88 Jan.
23=4 Jan,

140

leb.

P'nll

Low. High

1271-

400
440

911;

For

year 1882.

137% Jan

90

38%

1883.

1,

Fob.
20% Feb.
30 Feb.
22=4 Fob.
130 Feb.

633

6,400

1883.

61%

79

98
30
48
90
35
93
130

410

1,

82
83

Jan.
Feb.

5814 Feb.
e3=4 Fob.
12% Feb.
23 Jan.
68% Jan.

iii'05

26=4
45I4

'36=4 "soK
IU513 106=8

80%

67

93%

381.

xl6%

Standard cousol. Mining

Deadwood Mining
Exoelaior Mining

27,230

911^

Mining
A Mining

Central Arizona Mining

800

37%
93%

Little Pittsburg

Maryland Coal

900
2,050

1,010

25

79

JAN,

Highest.

18,106 115=4 Feb.
193,635
97% Feb.
900 11 6% Feb.
43,120 128% Feb.
2,710 113
Feb.
17,560 118 Feb.
20,950 44=4 Feb.
15,830 102=4 Feb.
2,380 68^4 Fob.
139 Jan.
1,000
3% Jan.
228,578 118% Fob.
67,090 39% Jan.
30 87% Feb.
5.350
8% Feb.
2,30U
14=4 Fob.
70 Feb.
100 30 Jan.
100
Feb.
Fob.
3,900 72 J.an.
100 73 Feb.
6,030 141% Jan.
57
77
Feb.
4,075
27 Feb.
2,8.')0
26 Feb.
49,270 106=8 Feb.
1,640 00 Jan.
6S,523
51% Fob.
60 Fob.
700 46 Fob.
84=4 Jan.
60 Jan.
230 15 Feb.
2,800 36 Feb.
80 Jan.
29,028 90 Feb.

2'27

106 lOUV
19=3 19>a
20 1» 2113
20
•13"' 17
-12
18
"2":5"
'lis'"
21
21
iii'e" i3(i'" 134
13413 132
132
132
4li8 411%
39I3 4914
401a 4II4
40
121 121=1 120 120
119'4 119% 118=4
•8
9I3
10
•8
•8
•8
10
•40
44
•40
43
-39
44
•38
UOH SIS, 80
80^8
80
80=4
80%
133
1331a 134
91
91
91
63I3 631a '60

Consolidation Coal

Mariposa Land

500
413
700
636

400
395

80%

30
t3
135 '3 I3113I35

63

121%

10i«

-48
49
90 13 •8913 90 la

Hi"

144=4

II9I4
45=8

81

4:1

28%

143%

10
32

65
93
30

47=4

12914130=4

8OI4

18%

28-4

117% 117%

48%

65
96

46%

11S=4 118
98% 100

4OI4

181a

94

130

39%

64
9i
30

3818

130

45=4

64
92
•29

231,

39 '4 39 I3
43 14 ij'^t

18=4

28=4

30
106

25 >4

17=4

48 13

65

10
51
22

30

111
25

19=8 20
49=4 51=8
49=8 50=4
133 137
133 1.33
133

11
11
511a 5II3
2I13 211a
17=8 18=8

30
22=4

EXPllESS,

United states

„

3712

27=4
26=8

2713

79%
20% 20%

Lowest.

600

American
Wells,

141=8 1421a

"

Ontario Silver Mining
,it,

291a

106=4 107

Now Central Coal
Orerou Kailway

28=8

48 >4 49=4
65

Delaware A llutlsou Canal
Mutual Union Tolegrapli

120

46%'

913
3114

»48ia
•91

'si" "32"'

ron

42 '(
24

52
29

48 13
49
•48
92
91
90
8t,Paul A Dnluth
•34
36
•,i3
Do
pref
95
95
91
St Paul Mlnneap. A Mamcouu I37I4I37I4 136 137
133
Texas A Pacitlc
38=8 39 Is
37=4 88 "3
37%
Union Paciiic
93'4 9
92=4 9414
92=4
.

60
47
90
47
18
36
85
91

42
811a 82

16=4

Norfolk

Northern Pacillo

27 14

26I4
26
26% 26
106=4 107 14 106^8 107 •8
•6114 aih.
61
61 le
51=8 52=4
51=6 52

61
46 la
90
60

8I4
15=8

8-4

124=8 125 Hi 124=6 12518
24 i-i
10 la 10=4
10
1018 101*
1013
2414 24=1
24
24
2l»3 2lia
24
24 Is
loo ....
'100
•99 107
107
100 1U7
35 ''8
35
34=8 33 1«
Si's .'50=8
3i>3 Sjig
78
7.75
75 'J
75

}

«fe

York Ontario AWestern,
it Wesleru

26

'5«i3

pref..

30
-41

46

Sh.A Western

L.

15

•87

38

Metropolitan Elevated
Mioiliifan Central

15

00

48

coinmon
Do
Manhattan Beach Co

New

79
27 12

Ol^i
Si's
•55

A Ctiic

8=8

I43I2 1421a I43I4

26
107

Memphis AOiai leston
Milwaukee

43
84
73

8I4

150
200

6^14

116 '3 118 '4 115=4 117
no's 117
9.-=8 99
98 '8 1 00 le 97 '8 9»'i
117=8 117=4
1171311713 117 117
12813
>4
129=8
1 29 •'s 12813 129 "s
128=4
12914
130
Nortliwostern
(&
Oblcago
144=8 143=8 143=4 143 I4313 '14:5 143=8
pref-. 144
Do
121=8 121=4 119=8 l-_'li4 118 lv:0=8
Chicago Knok Isl. & Paollic... I2II4I22
45I4 461.
4514 45=8
44=4 46''ii
44=4 45"
OhlcagoSt. Paul Minn. A Cm.
102=4 1031. 1U3'3 104
101=. 102=4 103
prel 101
Do
69 14 70
68=4 69 'a
7,5=.
70
70
70
Olevoland Col. Cin. * Ind...
»:41
....
141
OleTeland <t. PitisliuiK K»ar

Oblcago Uurlliixroit
Chicago Mllwaulico

..

59
59
64 14 6518
68=8
79=B

Range Since Jan.

(Shales).

Feb. 23.

•80

AND SINCE

23,

Sales of
the Wrek

Friday.

81

81

80

Thursday,
Feb. 22.

XXXVI.

[Vol.

.

Fbbbuibt

-

.

..

.

-

.

.

THE CHRONICLE,

84, 1888.]

215

QUOTATIONS OP STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES
•VATB BONIM.
BEOURITIES.
AlltbMna—

A,3loB. 1000 ..
CtOM A. 3 loR, aniall..
ClMK B, 0», UMtO
Olaas

C1iwhO,4!«, I'JOO

moo

6«. 10S09,
ArkiiiiHftrt—
iSs. funiliil, 18!)!l 1900..
It, I.. Kcuk.t VI. >. ton.

81

100

81
101
as

ComwuIl.ut~«», 1S83-4..

102

1880

(iH,

Oi'iiritiii

7», uolil,

If'a

I

73

191*

lie

lOOH
lot

Now

107>«

73 Hi

Bs,
Oa,
6a,
ea,
6a,

gold,
sold,
loan,
loan,
loan,

Do
Chatham

Do
Do
Do
Do
Do

1887

ros.,

conp., 1887....

A.40....

R»

W. N. C. RR
WfiaternRR...
Wll.C.AKu.B.

6

Wn.ATarB.

A.A O

I

I

^

7
10
10

*>^,

lit

W,

I

hi

l^lili

.

now, 1H<!7
Oa. conao). lM,nr1a
(la,

tN

,t,;.iiirod

,-.f

"8

.'•1

coupon

aeiiea.

..

':'':'

6
78»4

80
80

78

Ohlo31
31

On. Ui-Vl,

8Hi
6Hi
e>a

to

'"""

non.fiinilftK*"

Brown con
Tennaaaes-i:

Oh

(',laiia2

Aak.

Boulli ('nnillna—
6a, Act Mar. 33, 18001

lA
IS
6

Consol. 4a, 1910
Small.....

1891
1892
1803

N. Carollna—ea, old, 3.A}
e». old,

bonda, J.*J., '02.8

Bpeclal tax,cl«aa 1,'08.9

Now York-

H)i.\ 108
10 >4 103
114

1800

MlrhliTftn—
7», IHHO
MlHHOtirl—
Oa, illio 1883
68, duo 1886
6a, due 1887

8KCUBITIB8.

A«k.

Bid.

N. CBmllna-Conllunod—
Ko, Carolina HH., J,<feJ. ISS
Ho A.AO
ISB
Do coiij,. off, J.AJ 130
Do conp. off, A. AO. 130
Fnndlnicaci, ihoh 1000
10
Do
18081898
10

FundlUK, 1804.96
11
Haunibal it M. Jo., '86. lOL
Do
do
'87 109

Lomslnna—
7*. oouBOl.,
71, small

Loulitlnniv-ConUnumlKx.iiialtired ooupou.

Oa,
6a,

lO-l

7», now, IsrtO
7«. enilorawl, 1880

BECURITIXa.

Bid.

duo 1888
108 1»
due 1880 or 1800.
110
Aajrl'iii or Univ.. duo '02 U"

4fi

40
38
37

nu

83 "a

hi

84

Th, Mmiip.it L.l!i>ck Hit
7«, I.. u.i'.u.AN.ij.
7a, MiMl. U. c«it. II. KH.
7p, ArkaiitwiH C«n'. KH.

BBOUBITIKS.

Ask.

Bid,

olumbiL
UI24

Mir.f

Kmallbonda
RsKtateroil

68,1886
Rbode laland—
ea, conpon. 1 803-09

108

Funding

115

Do
Do

fta.

1899

amall
roitaiared

RAIIAOAD BONDS.
Del.

Railroad Bonds.

2d, 78, 1885
l8t,cous.,guar.78,1000

(Stock Kxcliange Pric(».)
Ala.Cnntral-lat,(i8, 1918

Reus.

AUeg'yCeu.— lst.08,la'J'2
Atoh. T.A. S. Fo-4 Hi, 1020
SInklnft fanil, Oa. lull.
Atl. Jt Pilc-lat, Oa, 1010

Ist,

I

117
50

A No.— lat.Ss lOOVl

— Isl.Ta.Ru

lowaC. AWeat

8ar.— 1st, coup.
reg., 1021

latconaol., 78, 1010....

Quar»ut«od

Minn.,)t»t.I.

A

Denv.A RIoQr.— lat.1900
93 >s

Balt.« 0.-l«t,6».Prk.nr. '114
Boat. ll.utf. A E.— l8t, 78

Bur. C. Hull.

A H.—Continued
A Snag.— lat, 78...

Alb.

120

Denv.So.P.APac— l8t,7s.
DeLMac. A Marq.— l8t.Gs
Land grant, 3 Hia, 8. A
E.T.Va.A O.— l8t,7a,1900
.

lat, cons., 58,

1930

Divisional 5s, 1030
Ellz.c.A N.— s.f.,deb.c.Oa

1.

lat.'Ta

.108
C.Uap.Ia. F,&N.-l8t,68
Ist.Os, 1020
l8t,i>8, 1921..
KHz. Lex. A Big S.-Os.
Central Iowa— 1st, 7a, '00 108 iio"
Erie- 1st, extended, 7s...
Char. Col. * AuB.-lst,7«l 108
2d, extended, 58, 1919..
Cliea.dk Ohio-Piir.m'vfd. *113
3tf,7a. 1883
68,«old, series A. Id08
4tli, extended, 5s, 1920.
00>8
90
5th, 78, 1888
68, gold, sorloa II, 1903.
52Hi
6e, currency, 1018
1st cons., gold, 78, 1920.
100 103
Mortgage Oa, lOU
1-t cons., fil. coup., 7a..
Chicago & Alton— lat. 7s. "117 "a
Beorg., lat lion, 6a,19()8
lii'
SlnklnK fnnd, Ga, 1003
Long Dock b'd.'*. 7a. '93.
114
Mo.
Itiv.-lst,
La. ,t
7a.
BuCN.Y.AE.-lst.lOlO
iui'
2il, 7», 1900
N.Y.L.E.A\V.-New2a 0,
Bt.l.. Jack.* Clilc— lat 117>4
2d, consol., fd. cp., 6a.
1st, guar. (504),78,'94 '117
Buf.AS.W M. Oa, 1908
Ev. A T. H.— 1st, cons., Oa
2d (300), 78, 1898
FrtAP.M'rq.-M.OB,1920
2d, guar. a88),7s.'08
.

,

hw
.

Mlss.R.Br'gc— lat,8.f.6a
C.B.dkU.-ConBol. 7a,l!)03 I'i.',"*
5a, ainkiug fund, 1901.. 103
la. Div.-S. F., 58, 1010
8T>g
B. F.,4a, 1919
82
Denver DiT.-43, 1922.
48,1021
C. B. I. A P.-Os, cp.,1017 123'a
6a,reg., 1917
Keo. A DCS M.-lst, 5s. 102Hi
Central of N. J.— l.st'OO
Ist consol. aaspntpil. '99
Coav.,»a8entc(l,7a,1902
AdluatnK'nt,7.s, 1903...

126

Gal. Har.AS.Aut.— l8t,0s
2d, 7b, 1905

Mex.
2d,

83
85
i25""

105
113

lOOHi, llOHl
llOSi!

A Pac— 1st, 58.
Oii.

Mll.L.8.AW.-lst,6a,1921 •
O8H1 Rlcn. A Al.— 1st, 7s, 19-20 Is
108 <i
Mlnn.A8t.L.-l8t.7s,1927 II8H1 ....
Rich. A Dttnv Cons.g.,08
03
106 Hi 107 Hi
Iowa Ext.— Ist, 78, 1000 1U«9L...
Debenture Oa, 19'27. .
69
2d. 7s, 1891
100 ;105
All.ACh.— lat. n„78.,'97
iits'
S'thw.Ext.— lst,7B.I9lO no's 1:1
Incomes, 1900
76%
Pac. Bxt.-lst,68,1921
101% 102
SelotoVal.- lat, cona., 78.
ibs' 100 •« Missouri Kan. A Tex.—
St. L. A Iron Mt.— lat, 78
87 Hi 88
Gen. con., Oa, 1920
78 Hi 78 Hi
2d, 7s, 1807
108
06
Cons. 78, 19045-6
104
Arkansas Br.— Ist, 7a... 108%
01
Cons. 2d, income, 1911
54
Cairo A Fulton— l8t,7s.
H. A Cent. Mo.— lat,'90 104
Cairo Ark. A T.— lat, 7s 108%
117 il8' Mobile A Ohio.— New. Os 107
Ocn. ryA I. gr., Rs, 1981
75%
70
Collat. Truat, Os, 1892.
St. L. Alton A T. II.— lat.
"oa"
Morgan's La. A T.— Ist/ Os
106
2d, nref..7a, 1894
116
Nasli.Chat.ASt.L.-l8t,7s
2d, Income, 7s, 1894
.

94

OS
127

ibs'

103 >« ibs Hi]
104
108
128H1 iag'^i

117
130

iab

96
107

98
114
106
108

—

*
A

M..

'7s,

1897.

D., 7s, 1809lat, C. AM.. 7s, 1903...
Consol. 7a, 1906
3d, 78, 1884
St, I.

105
110
120

lst,7», I.AD. Ej;t.,1908
8. W. Div, lat, Oa, 1909.

1'22

103 Hi

IMKi

108
Ist, Ss.I.aC.ADav., 19191 '96
1st, S.Minn. Div.6a,1910 lOJHl
lat,

Ch.

A

H.

A

D., 78, 1910..!

Pac.

l)lr.,6.-<,1910

l(.t,(hie.AP.W.,5a,10l.'ll
Min'l Pt. Dlv., 5s, 1910.1

no

lUO^s

01^
90

C.A I.. Sup.DlT.,58,1021
Wis.AMln.D., 68,1921 ....
C. 4 N'woat-S.fd ,78.'85 '105
Interest bonds, 78. 1883
Consol. bonds, 7s, 1915.
Extcns'n bonds, '7a, '85.

103 >4
131

i05
Ist, 78, 1880
Coupon, gold, 7n, 1902.. l'2o
KCK..gom, 7«, 1902
l'24Hi
Hiiiking fund, Oa, 19'20. 111
109 'i
blukiug fund, reg
Sinking fund, 5a, 1920. 101 Hi
Sinking fuHd,reK
Escan'aA L.».— lat.Os.
Des M. A Min's— lat, 7s

Iowa Midland— lat, 88.

Peninanla— lat.conv. 7s 120

Chicago* Mil.— lat, 7s. 120
Wln.A .St. P.— lst,78,'87 100 Hi
•2rt,7a,iy07

121

Mil.AMad.-lst.0a,190;
C.C.C.& Ind's- l.st,'ia,8.f. 126'
Consol. 7a, 1914
I2IH1
C.St. P.M. AO.-(on80l.,6s 100
O.St. P.AM.- lBt,0a,I918 113
N. Wia.-lst.O.H, 1930.. •108
8t.P.A.s.C.— Iat.«a.l919 111

•2d,7a,l«91
Bond.', 7s, 1900
7»of 1871,1901

,

,

lat, consol., guar.. 7s.
Ist, 78, 1884.,

Del.

A H.—

7s,1891

1801
Coup.. 78, 1894
Ktg„7a, 1894
l8t, oxt., 7b,

,

'121 'e

lis
116
Isl, Pa. Div.,cn.,7»,1917 120
Pa. Div., rcg., 7s, 1917
*

(130

'

100

Istinort., 7s, 1911
Tol. Del.
Bur.- Maln.Oa
Ist, Dayt. Div., Os, 1910
1st, Ter'l trnat, fla, 1910

105

inc.,6s, 19'27

47

Wall. St.L.
P.— <!eu'l,68
Chic. DIv.-Sa, 1910...

77

A

12934 130

1900
N. Y. Elev'il-l8t,7a.l900 11S%116H)

Va. Mid.-M.

A

Trust f ;o., receipts
N.Y. A Now Eng.— Ist, 7s
lat, 08,

1905

95^

N.Y.C.ASt.L.-l8t,es,1921
N.Y.W.Sh.A Buff.—Cp.5s

75 "» 76
103
103%'l03ia

Os....

Pac— o. 1. g., iBt.op.fls
Registered, Os, 1921

Norf.

Hav. Div.— 6a, 1910...
Tol.P.AW.— l8t.7s.] 917
Iowa Div.— 6s, 1921

95>4

Ind'polls Div.— Os, 1021
Detroit Div.- Os. 1021-.
Cairo Div.— 58, 1931....
Wabash- M., '7a, 1909..

103%

87%

A W.— O'l, Os,

101
116

1931.
Miss.— C0U80I. a. f.

101 Hi
II6H1
116

Tol.

lat, ext..7a
1st, St. L. Div., 78, '80
2d, ext., 7a. 1893

Consolidated 7a. 1898 .2d consolidated 7a. 1911 I2OH1
119
l8t, SpringllcUl Div., 7s
89S4

Equip, b'ds, 78,

A

93 Hi

St. Cliaa.

N.Y.4M.B'h-lst,'f8,'97
Marietta A Cln.— 1st, 7s.
1st, sterling

98
95
100 Hi
102 >4

2d, 78.1913
Pitts. Ft. \V.
2d, 78, 1912

A Ch.— lat

3d, 78, 1912
Clev.
Pitts.- Cons. a.t
4th, sink, fd., Os, 189'2.
Col.C.AI.C— Ist.consol.

A

106

122%
108%
109"
102%
94

66
79

79% 82%
105%

93

102
101

100

97%

104%
100%
103
109

108% 109%

Br.— lat,6s

86
ii»7'

95
120

il6%

85%
107%

INCOME BONDS.
(Interest payntAe if earned.)
Ala. Cent.— Inc. Os, 1918.

Alleg'y Ceut.-Inc. 191'2.
Atl. A Pac— Inc., 1910...

Central of N. J.— 1908. . .
Col. C.

A I. C— Inc. 7s, '90

Beorga'n Tr'st Vo. Cert
Cent. la.— Coup.rtebtctfs.

80

60% 66
60

Ch.St.P.AM.— L.g. Inc.fls
Chic A E. HI.— Inc., 1907
DesM.A Vt. D.— lat,Ulo.,Oa
Det. Mac. A Marq.— Inc..

35%

E.T.V.A«a.-.Inc.,68,I931
EI.C. A No. -2d. inc. 1970
Bay W.A St.P.— 2d.luc

G.

Ind. Bl. A W.-Inc, 1019
Consol., Inc.. Os, 1921..
Ind's Dec A Spr'd— 2it Inc
Trust Co. certificates.

Leh.

A Wllkeab. Coal— '88
A W.— lnc.78. "99

Lake E.

Saud'kyDlv.- Iuc..l9'20
Laf.Bl.AMun.-lnc7s.'99
Mil. L. .s. A W.— incomes
Mob. A O.— Ist prf. debeu.
2d pref. dobentnres
debentures
4th pref. debentures
3€l pref.

•80

SO
30

85

37%
•78

80

86
60

si'

30
N.V.Lake E.AW.-lnc.ea •60

80

N.Y.P.AO.-lstinc.ac,7a 63
Ohio Cent.— Income, 1920 83
38
Min'l Div.— Inc.7a,1031
Ohio .So.-2d Inc., Oa, 1921
34
30
Ogden8.AL.C.— Inc., 1920
136%136H> Small
133
PeorlaD.AKv.— 1 nc.,1920
6S
Evana. Div.— Inc, 1920
131
65
126
Roch. A Pitts.- Inc,1921 •43
44%
Og.—
Inc.,
7a.
110
Bome W. A
89% 40%
So. Car.Ry.-Inc,6a, 1931
65
130
67
St. Louis I. Mt. A 80.—
Ist, 7s, pref.. tut. Occam. •118
Sd, Oa, Int. nrcuui'latlre •116
8t'gl.Ally.-«or.B..inc'94
116
94 Hi

Metr'p'llt'n El.— lst,1008
97
2d, 68, 1899
2d consol., 7s, 1909...
122 Hi Mex. Ceil.— Ist. 7s, 1911.
1st, Tr'stCo.ctfa.,a88'd
1'22
Mich. Cen.-Con.,'? 8.1002 124 3< 13S>i
2d, Tr'st Co.ctt8.,aas'd
103=4
Couaolidateil 5a, 1002
lat,Tr*tCo.ctfa. aappL
111>4
Equipm't bds., 8s, 1883.
BL L. V. AT. H.-lat,g..78
68,1909
2d, 7s, 1898
Coupon, 5a, 1031
101 Vi
2d, guar., 7s, 1808....
RegUtered, 58, 1931
•102
Pitts. B.A B.-lat,68,1911
Jack.lJin.A Sag.— 6a.'01
Bome W. A Og.— Con. Ist, -Mil. A No.-lst, Os, 1010.
Roch.A Pitt.— lst,0s,1921 104
91

No piloe Frldar—these an latest quoiaUous mad* UiU week.

75%

lst,'7a

Mut. Un.l.-S.F.,68.1911
Spring Val.W.W.— lat, Os
Oregon BR. A N.— lat, Os

m'

Regiatered, 1021
Pltt.C.ASt. L.-lst, c.78
1st, reg.. 78, 1900..

110

107%
100%

90

N.W. Telegrapli-7a,ia04

—

Lonlsv.C.A L.-6S, 1931
L. Erie AW.-lat, 08,1919
Sanau...ky Div.— 0s,19ly

95%

91

No. Missouri— Isl, '78.
West. Un. Tel.— 1900, cp. 117
116
lOOO.reg

•

4His,lstc.

89

iff?'

.

III.ASo.Ia.— lstEx.,6s
St.L.K.C.AN.— B.e.7s
Om. Div.— lat, 7a ...
Clar'daBr.- 6S.1919

.

r.

75%

AT.-lst,7s. 1890.
a
Han. Naples-

80

'W

Pa.Co*sgu

18a'?

98%

6«

Consol. conv., 7a, 1907
Gt. We8t.-lst,'78, '88 104
2d, 78, 1893

90

93

AW

w

110

St. P.
Dul.-lst.5a,1931
So. Car. By.-lst,08,1920

Panama— S.f.,anb. 63,1910

.

ii4

,

7a. coup..

1st, 78, reg.,

Oreg'nACal.— lBt,fl8,1921
Or.ATrans'l— 0s,'82-1922

AC—

1907
I-8H1
8yr.Hing.AN.y.-.lst,78 120
Morri.-* A: Kasex.— lat,7s 135

A

105
Peoiia Dec. A Ev.— 1st, Os ibb'
102 Hi
Evans.Div., lst,0s,1920 101
122
104 Hi Pac. RKb.— Cen. P.— 0.,63 113 >a
Gold, 58, 1951
2d Div., 78. 1894
San Joaqnin Branch.. 110
Ccd. F. A Minn.— Is'. 78
Cal. A Oregon— Ist, Os 103 Hi
123 ia Ind. Bl. A W.— Ist prt. 7s 118
State Aid bd.a., 7s, '84
105
88
1st, 4-5 68, 1909
Land grant bonds, Os. 105 103%
74
2d,4 568, 1909
West. P.ac— Bonds, 03 110 lllHi
109 Hi
90
92 Hi
Eaat'n Div.— 6s, 1921...
So. Pac. of Cal.— Ist, 03. IO4S4
Indianap.D.ASpr.— lst,78 100
Union Pacilic— lat, Os.. 113%I114
106 >4
2d. 58, 1911
Land gi-anta. 7s, '87-9. 100 IIOS4
118
lnt.A Ot.No.— l8t,68,gold ibs Hi 106
Sinking funds, 88. '93. 118 110
110
85
Conpon, 6s, 1909
Registered 8s, 1893...
II8H1
Kcufky Cen.—M., 68,1011
105
Collateral Trust. Os.
9IH1 Lake Shore A Mich. So.—
Kans. Pac— Ist.Os, '95 109
Micb.S. A N.I.— S.fd.,78 106 H>
1st, Os, 1890
107H>
"oi'i
108
Clove. A Tol.— Sink. fd.
Den. Dlv.,03,a.s'd,'99 107 Hi 108
98%l.
Newbonds, 78, 1886..I 107 Hi 109V
latconaol., Os, 1919.
ids';
Clevo. P. A Ash.— 7s.... 113
C.Br.U.P.-F.c,7a,'9o
132
Buff. A Erie-New bds. 120
91
At.C.AP.— lst,0s,1905 •90
104 'a
Kal. A W. Pigeon— 1st.! 100
AtJ.C'O.AW.— 1st, Os
90
Det.M.AT.— Ist,7s.l006,*122^
Oreg. Short L.— Ist.Os
94
94
126
LakoShore— Div. bonds! 121»4
103
Vt. So.— Geu.,78 ,1909
125 Hi
Consol., coup., 1st, 7s. 124 Hi
101
Exten.. l.st,7s, 1909
112
126
Consol., reg., lat, 73.. 125
Mo. Pac-lat, cons., Os. 102>4'102»4
I21I4
110
Consol., coup., 2d, 78.
111 1112
3d, 7s, 1900
101 >s
Consol., reg., 2<1, 7s--.
Pacific of Mo.— 1st, 6s 105
105 Hi
IIIS4
Long Isl. R.—lBt.78, 1898 116
2d, 7a, 1891
97 »4
Ist consol., 5s. 1931
St. L.A S.F.— 2d,68.cl.A
99
Louisv. A N.— Cons.7s,'98 117
4-08, class C, 1906 ....
93 Hi!
'101 Vl
133
2d ,78, gold, 1883
4-6s. class B..1900....
93H»
Cecilian Br'ch—78, 1907 105
1st, Os, PeirceC.AO..
N.O.AMob.-l8t,68l930
90
Equipment, 7s, 1895..
100
108
93
Oeu. mort.. Os, 1931..
E. H. A N.-l8t,fls,1919
90
1'23
•92
General, 6s, li)30
80. Pac. of Mo.— lat .. 103
110
Pensac'la Div.— Os, 1920
Tex.A Pac— lat,0s,19O5 106
St. L. Div.— 1st, 08,1921 100
Consol., 6s, 1905
•45
2d,3s,1980
Income A Ld. gr., reg. S6<4 57
106 Hi
II6H1
Kashv. A Dec— 1st, 7s.
l8t,BloO.Dlv.,0s,1930
79% 79%
8.4N.Ala.-S.l.,es,1910
Fenuaylvania RR.—

LAW.—

78,

Harlem— Ist,

Ohio Contral-lat,0a.l920

Lebau'n-Kno^-08,1931

108 Tj

Min'a Un.— Ist,0a.l9'22.

ISO

1903

1st Ter'l Tr., Oa, 1920...
l8t Min'l Div., Os, 1921.
OhioSo.— 1st, 68.1921....

Chic. AK. 1 II.— lat.a.f .,cur. •96
09 's
97
C0I.& a rem.— lst,0s,1916 •101
Jd. O.H. 1026
Laf. ni.AM.— Ist,0a.l919
75%
97
Col. II. Val.A Tol.-lat, 5s •80
83
Louis V.N. Alb.
1st, Oa 102
Del.
7a, conv.,'92 116
119
Maohat.B'chCo.— 7 8.1909

Mortgage

A if.-lst, cp.,7s

1st, reg.,

St.P.Mlnn.AMan.— l8t,78

Huda. R.-7s.2d,a.f.,'83 106%'l08Hi
2d. Os, 1931
Can. So.— Ist.intg'ar.Ss
94>«> 94 ^ Tex.Cen.— l8t,8.f.,78,1000 104 S4

125

General, 63, 1921

119
119
124

N.Y.C.

Ohio A

iW

I

Dakota Ext.-Oa, 1910.

108

Hous.A T.C— lst,M.L.,78 107 •» 108

Leli.AW.B.— Ct»n.g'(l.na lOlHl 104
IIous.E.A W. Tex.— l8t,7s
m.Cent.— .Sp.Div.— Cp. 68
Am.D'kJlInip.— 5«,1921
>>8Hl:
Middle Div.— Reg., 5s..
C.U.A St. I'.-l»t. 83. P.D. 130 Hi
12m C.St.L.AN.O.—T6n.l„7s
ad, 7 3-10, P. D., 1898.. 120
127^4
1st consol., 7s, 189'7 ..
lat, 78, $ jr.. K. n., 1902f 1'25
117=8 119
2d, 7s, 1907
1st, LaU.DlT^ 78, 1893
1st, I.

2d, 03.1909

lOl'al
101',i
120 1130

ii^ N.O. Pac-lat, 08, g.,1920

108'.

111.— lat, 8a

'107%!

N.

70

AS.

6s, 1887
68, real cstaf«, 1883 ...
Os, flubscription. 1883.

Nevada Cent.— 1st,

1931

A
2d, Waco A No..8.%1915

Bellev.

101%

N.Y.Pa.AO.-Pr.l'n.Oa.'OS

..

1st, West. Div., 7s
Ist, Waco
N., 7s
2d consol., main line, 8s

2d, 68.1901

N. Y. C'entral-6s, 1883-

N.Y.C.AN.— Gen.,0s.l910

(Ir'n Hay W.AS.P.— lat.Os
77
(iulf Col.
S.Fe-78, 1900 111
llan.ASt.Jos. 8s, conv.. '108
Consol. Oa, 1911

A

—

I

95
118

I

,

T4
lOS

Plaiu Incomes, Oa. 1896.
Stcrliu< .AIi.By.— Inc.'Oi
St.L.A. A T.H.-Div. b.Ii
ToLDel.AB...lnc.,0a.l910
•arton Div.— Bs, 1910

Tex.Ast.L.~L.g.,lucl9J0

—

.

.

—

.

...-.

THE CHRONICLE.

216

Insnranee Stock List.

Bank Stock

& Drov'8'

Chase

Chatham
Chemical
Citizens'

City

Commerce
Continental

Corn Exchange*..-.
BastKlvcr
Eleventh Ward-. ...

Amer. Exchange

Eagle

Empire City
Exchange
Farragut
Firemen's
Firemfu's Tru.'^t
Franklin & Eiiip..

Irving

Seventh Ward
Second
Shoe & Leather

New York'

Third
Tradesmen's

Puinn
ynijflii stptes

Lamar
Long Isl'd
Lorillard

Manufac.

Side*....

!!l

(B'klyn)

&

Build..

Manhattan
Slech.

& Traders'

..

Mechanics' (Bklyn)
Mercantile
Merchants'
I

!

'ft'usldlioatai'..

100

I'.'...'.'.]

II

I

Wiiiiamslnirg City.

150
i'5

150
80
10
65
1(0
108
170
118
163
116
143
60
85
140
105
74
00
126
70
133
ISO

GO
150
103
160
110
138
io«
140
55
75
120
100

'

Tluited States

GO
113
10
130
140
70
110

GO

I

116

l!2ia

100
105
140
90
143
TO
5

f'O

I

136

80
146
78
80
70
135
210
80
75

130

i

ibi'

63
117
140

180
73
70
110
63
107
4
120

!

20
60
100
100
100
100
100
100
100
40
60
^28

14:H

131)

50
60
National
37 Hi
N. Y. Equitable..-. 35
100
N. Y. Fire
N. Y. & Boston .... 100
100
New York City
60
Niagara
25
Noixh River
23
Pacific
100
Park
20
Peter Cooper
People's
50
Pheaix
60
50
Belief
Republic
100
25
Rutgers'
Standard
50
Star
100
100
Sterling
Stay volant
23
Triidesmeu'.-*
25

160

120
280

110
134
70
140
70
75
CO

,

Montauk (Bklyn.)..
Nassau (Blilyn.) ...

Wall strctt

West

-

Kings C'nty (Bkn.).
Knickerbocker

'

St. Nicholas*

elforson

133
110
230
liO

60
100
50
60
100
30
20
40
100
50
23
100
100
23
50
no

Importers'ife Trad's'

lt-0

80
100
125
80
93
120
193

116

."iO

Howard

'.!20

70
85

13

Home

240'

83
117

60
25
100

Greenwich
Guardian
Hamilton
Hanover
Hollman

I

Republic

.

Gcrmiinia
Globe

.1

90
230
210
70

17
10
100
100
50

.

German-American

I

People's*
Ptaenix
I*roduce*.

20
70
100
50
100
40
100
SO
60

Continental

.

Park

17

25

Commercial

100
100
100
125
100
Fourth
30
Fulton
50
Gallatin
96
German American*. 75
German Exohitge' 100
100
Germania*
25
Greenwich*
100 133
Hanover
Imp. & Traders'... 100 21)0
60
Irving
60
Island Cltj'>
100
Leather Manuf rs'
50
Manhattan'
100
Maiino
100
Market
Hi
iia
Mechanics*
25
Mechanics'ife Ti'ads'
100 iVs'
Mercantile
50
Merchants'
87
60
Merchants' Exch...
100
Metropolis*
100
Metropolitan
100
Murray Uill'
100 130
Nassau*
100
New York
100
N. Y. Nat. Exch.
100 i2d'
Ninth
70
North America'
30
North Tliver*
Pacitic*

Brooklyn
City
Clinton

Fifth
Fifth Avenno*
First

25 135
50 155
100
2S

•25

150
110
170
180
173
150
117
125
97

145
105
ICO
171
ICO
140
110
120

60
100

...

Bowery
Broadway
Citizens'

2.1

Oriental*

70
60
120
63

U.t

ma

10
60

ISO
220

&

Staples, Brokers, 11

25 2.000,1000' Var'a
20 1,200,,000; Var's

Brooklyn Gas-Llght
Citizens' Gas-L. (Bklyn.)

Bonds

1,000

315,,000' A.

I

AG.

50 1,850, OOOF.&A
20
750, 000 J. & J.
60 '4,000, ooo'.r. & J.
100 2,600,,000iM.A S.
600
750,,ooo;p.&A.
100 3,500,,000; Quar.

Harlem

Jersey City & Hoboken.

Manhattan

Metropolitan

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

I

1,000 il,600,000 M.&N.
25 11,000 0001 Var's
Var'a
700 OOOM.&N.

Scrip

I

Now

100 4,000,,000 M.&N.

"york
Feople's (Bklyn.)

Bonds
Bonds
Central of

New

10 11,0001,000 Lr. & J.
375,,000 M.cftN.
1,000
1'23 ,000 Var'a
Var's

60
60

York.

Williamsburg
Bomls

466, ,000
1,000, ,000

F.&A,

Quar.
1,000 1,000 oooIa. a O.
100 1,000,,000 M.&N,
000'
100 3,000
750 000 M.&N,
100 1,500 000

Metropolitan (Bklyn.)
Municipal

Bonds
Fulton Municipal
[Quotations by

II.

Street.]

Ask.

*

p.c.

I

114

116
(Jan.,
73>a 77
3 "a Oct.,
105
110
3 lAug.,
98
100
7'2'.lau.,
166
100
5 (Dec.,
S2i245 23S
83!183 192
8 'Feb.,
105
3
110
'83 115
2ijJan.,
110
6
1982
103
106
3 ISept., '82 6-2
57
3 "a Nov., "" 90
95
1'24
5 (Nov.,
125
S^2 Jan.,
50
55
3'3 Nov.,
103 108
3 loot.,
87
92
3 Aug.
80
90
l>4Feb.,
60
70
3 iOct.,
100 105
3 (Jan.,
80
82
Feb.,
180 183
1888
lOG 110
6
70
75
INov.,

5
3

I

I

I

L. Grant, Broker, 143

Topoka^lst, 78.

& Piclflc—6a ...
Income
Boston & Maine—78
Boston & Albany—7s
Boston & Lowell-73
Gs
Boston & Providence— 7s
Burl. A Mo.— Ld. gr., 73

Broadway.]

900,000 r. & J.
Istmort
1,000
994,000 J. & J.
Brdway&7thAv.— Sfk.' 100 2,100,000 Q.— J.
Istmort
1,000 1,500,000 J. & D.
Brooklyn City— Stock....!
10 2,000,000 Q.-F.
Istmort
1,000
300,000 .V.&N.
Brdw;iy iBkln.)— Stock.! 100
200,000 Q.-J.
Bklyn. Uroaatown— Stock
100
400,000 Q.-J.
Ist naort. bonds
1,000
300,000 Q.^J.
Bushw'kAv. (P.kln)— Si'k
100
500,000 J. it J.
Cent.Pk.N.&E.liiv.-Stk
100 1,800,000 Q.-J.

Bl'ckerSt.*Fult.r.—Stk

100

'

I

Consol. raort. bonds

Christ'ph'r&lOthSt— Sik

1,000

1,200,000 J.

100

630,000 F.

&D.

& A.

Bonds
1,000
250,000 J. A J.
DryDk.E.B.A Bat'y— Stk
100 1,200.000 Q.-F.
500Ac. 900,000 }.& D.
Eighth Av.— Slock.
100 1,000,000 a-J.
Iflt mort
1,000
03,000 J. & J.
42d<t Orr-dSt.F'ry- -Stk
100
748,000 M.&N.
Ist mort
1,000
230,000 A.&O.
Central Crosslown— Stk.
100
600,000
1st mort
200,000 M.&N.
1,000
Houst.W.St.&P.F'y-Stk
100
230,000
Ist mort
600
500,000 J. & J.
Second Av Stock
100 l,199,;JOO J. & J.
1st mort., consol

•

Sdmort

1,000
1,000

Consol. conv

Extension
eixtl) Av.— stock
1st

Isi niorl
• I'Uls

I

200,000 M.& s.
730,000 M.AN.
1,000
500,000 J. & .1
100 2,000,000 Q.— F.
1,000 2,000,000 J. <t J.
100
600,000; F. A A,
1,000
230.000; M.&N,

500ic.
100

Iiioii,

Third Av.— Slock
Ist mort
Twenty.thinl St.— Stock.

I

'

150,000 A. & O.
1,050,000 M.&N.

*

!

=4 Jan.,

'83

iJuly,
Ijan.,

1900

7 jJune,
3H! Feb.,

'84

7

2

'83
"83

7
6

24
107
144
102
210

20
112
146
10:i

216
110
200

1102
'83
'83

!Jnn.,

Jan.,

190
150

1888

Dec, 1902 113
Fe''.,

'83:108

1898
Feb.,

June,
Jan.,
Juiie,

112

1105
'83 130
'83 14:! Hi

Jan.,
Jan.,

106

83 230
'93 115

1

118
112
112
20 i
117

832.-.0

84!l00
Nov., 82 230
April, 93 110
...
78
Nov.,1904 103
80

110
!113'
821.J

108

Chat. M., 10s, 1883

New 7a, reg. A coup

'94ilI0

Jan.,

Sept.,

175
103
101
125

Nov.,

•240

230

July,
Feb.,
July,

110

115

270
110

Keb.,
if ay.

155
113

Nov.,

104

82

—

82=,

.

78.
tfe Passumpaic
Couuotton Valley— Ga

Conn,

&

Rutland—68, Ist
Sonora- 78

&

T. Ciuu.

St,

L— Ist, 6s.

113

U3ia

96
103

ibi

KasLeru,
Eastern,

A

Falls

98

34

i

ein

.

119
16

.

115
181
108

113
102
114

oliUDOSliowK la8t dividend on stoeke, but Hats ol maturity ot bonds.

17

"3^4

A

|1'26

IO2I4I

|ll2la
11134!

112

104ia;105

—

R.—J8t, 03,1910

,

1

Conv, 7s, B.C., 1893..*
Conv 78, coup off, 1893
Conv. '78, cji.off, J,an.,'83
Phil.Wil.A Bait.— 4.str.cl
Pit ts.Ciu.A St.L.— 73, reg

& B.— 78.0T).

76
60

73
52

93'4
;2i

931-i

120

93V

"'''4

95
aA

Texas A Pacitio— 8t,63,g. 106 ibs'
79 13 Si"*
Rio Or. Dlv.— 1930
Cons,

3%

130
f>8ii

19

1-.

6a, gold,

190o

941a

A L. Gr., 7s, 1915
A Titusv.— Ist, 7s.
United N. J.— Cons.6.a,'!14
Warren A F.— 1st, 73, '96
Inc.

"95"

Union

Tii'ii

llOHj

West Chester— Cona. 78.. 118
West Jersey— 63, dob. cp.

PHILiADKIiPHIA.

113
122

lsl,68, coup., 1896
lat,7a, 18'3b

RAILROAD STOCKS.!
Alleghen.v ViiUey
Butlalo P'lttsb. A West'n
Preferred
Camden A Atlantic

Cons. 6s, 1909

la's

151-j

W.JerseyAAil.— lsl,0a,C. no
Western Penn.— Gs, coup. 103
Ga, P. B., 1,398
Gen., 7a. conn..

Preferred

WilUamsport..

14lj!

29
63

64

116
118

llSij

"87"

85
107
Schnvlk. Nav.— lst,63,rg. 106
8914 89
2d, 68, reg., 1907

-a

BAI>TIMORE.
RAILR'D STOCKS. Par

fsai-j

G3

Pennsylvania

85
1021a 103

Oreeuw'd Tr., 73, reg.
Morris— Boat Loan rg.,'85
Pennavlv.— Ga, cp., 1910..

68
70
12
27

I

ibe"

1901

Chea. ADel.— Ist,G3,188(
Lehigli Nav.— 08,rcg..'34
Mort. RR.,rcg., 1897 ..
Cons., 7a, reg., 1911 ....

io"
l

110 la

CANAL BONDS.

22
66
1st preforred
64
2d preferred
Delaware A Bound Brook 130
E'lst rennaylvania

Catawissa

&

'121

123

6s,cp.'87

1

IIP1.J

26

Preferred
Hiir. P. Mt. Jov A Lnncr
Iluuliiigdn A Broad Top
Pref eri ed
Lehigh Valley
Preferred
Little iSchuylkiU
Mineliill A sch. Haven.
Nesqnehoning Valley
Norfolk A West'n- Com.
Preferred
Northern Central
Nort h Pennsylvania

10l>

SfiuiUury & Erlc-ist, 73.
W.-lst, 88
snub. liaz.
2d, 63, 1938
Syr.Gen.A Corn.— Ist. 78.

1121^

Wiacon.sin Central
Preferred

Elmira

'123

&

—

&

126

1'23

1191a 120
119 lig'-a

Rich.A Dan.— Cons.int.Os
.^hamokiu V. & Potts.— 7a

lU

& St. Lonia
Massachusetts
Worcester A Nashua

Tol. Ciun.
Verra't

A

Pitts. Titus.

451a

Old Colony
Portland Snco <fe I'ortsm.
ruUman Palace Car

Rutland— Preferred
Revere Beach & Lynn

loiin

104
123

Debenture cotip., 18931
Deb. coup, off, 1893 ....
Scrip, 1832

112v^

N. ItampsU.

ol

iom

1896.

—

241

.

125
125
104

121
1'20
121
125
i9ll ..
12513
1911 ..
Cona.,C3,g., 1.B.C.1911 112
Imp., 63, g.,coup., 1897
901a
Gen,, 63, g., coup., 190S
102 1102
Gen., 73, coup., 1908
941a
Income, 7a, coup., 18961
Cons. 5s, l3t8er.,c.,19'22i 33^4! 8S
67=4
67
Cou3. 58, 2d ser.,c., 1933
87
Conv. Adj. Scrip, '35-88

150
.

st,

!

Cons, 7b, reg.,
Cona,, 7e, coup

Sioux City

& New England

Y.

s,

2d, 73, coup., '.893

90

Rock & Ft. Smith. 32
Maine Central
Manchester & Lawrence. 163
Maiq. Houghi'ii& Ontoft.
61
J!f .

C—7

Y.

Phil.

lolls
101
163 la

....'....,

AN.

"60"
23

Lowell

87
120

6b.

15J1-J

Ilampsh..

Pn'Terv^iiJ

"87"

12,1

Creek— 1 at,

Phil AErie-2d.73,cp ,'88
Cona., 63, 1920
Cons., 53, 1920
N.Y.— Ist
Phila. Newt.

57

Little

Nashua^

CitvAChlc— Ist,

Perkiomen-

CO

Preferred
Fort Scott <a Gulf— Pref

Iowa

1031a

7,1906

1751-2

96
164
IGO

Fi'chburg
Flint & Pero Mariiuotte.

Common

No. Penn.— l8t,6s, cp.,'85
2d, 78, ep 1896
Gcn.,7.a, reg., 1903
G6n.,7», cp, 1903...
Debenture Gs, reg.-Norfolk A West.- aen..6s

Pa
79I4

79
175

100

133

,

Mass

New

1211.

63, coup
Penn.sylv.— Gen., 6s, reg
Geu,6s, cp., 1910
Cons Gs, res., 1905...
Cons., 6a, coup., 1903..
Cons, 5s. reg, 1919...

I

Atchiaon & Topeka
Boston (fe Albany
Boston Clinton & Fltehb.
Boston & Lowell
Boston & Maine
Boston & Providence
Cheshire, preferred
Chic. A West Michigan..
Ciun. t?andusky & Cleve.
Concord
Connecticut liiver
Conn. & Pitssumpsio
t'fmuotton Valley

1*25

107 ii

113
100

I.eh.V.— l3t,6s,C.AK ,'98
2d, 7s, reg, 1010
Cons. 6a, C.A V., 1923.
N. O. Pac— lst,68, 1920

Oil
Oil

1214

Income

Day on Division
Main line
STOCKS.

121

. . .

—

Ark. Val.— 78--

119

.

5s, ]>eri>etual

Income
OldColouy— 78

&

.

Hanisli'g- Ist, 63, 1883.
H AB.T-lat,73,g.,1890
Cons 5a,lS95
Ithaca&Alh.— Ist, gld ,7h
JnncUon-1 at, Os, 1 382
110
2d,6s,1900

&

Ga

1-20

1901

7a,

El AWmsp't-l8t,6s, 1910

34

—

Pueblo

113

110
102

EastnuAAmb'y- 5b, 1920 105

i:3

31
5s
GO
California Scu hern— 6s.109 Hi
Fasi'rn, Mass. 4 'tis, now
11-2 '8
Fort iJcottA Gulf— 78.... 112
Hurl ford & Erie- 7s
K. City LawT. & So,— 5s.K. City St. Jo. & C. B.— 7s
90
Ft. 8.-73, Ist
i iltle'n.
20
M asa. Central— 6s
7-2
Mexican Central 7s
103
100
N. Y. & N. England— 63
114 >
7s
113'
So. I'ac.— 73
N. Mexico
Ogdensb.<Si L.Ch.— Con 68
45'

—

11-2

Connecfg Oa, cp., 1900-04 iis'
Delaware- Ga, rs:. A en ,V
Del A Bound Br- lst,7s i'24'
Bast renn.- 1st, 7a, 1883

116
113

Nebraska, 4s

.

V.— Ist,

Chart' ra

Ball imore
1st pref
2d pref

531a
39»,

40

54
63
63 '(
19

53
67
69

A Ohio

100 199
1^29

125

Parkersburg Br
Northern Central
Western Maryland

50
50
60
50

Central Ohio— Com

10
5S

71a
841a

12
eo

20
Pittsburg A Connellaville
Erie
RAILROAD BONDS.
Norriatown lOoHl 107
Phil.-i. Newlown A N.Y..
Atlanta A Charl.— Ist.... 1061,
2538' 261.J
76
ine
Pliila. ,fe Reading
Balt.AOhlo-6.a,'83,.A.AO 104:>4
Pliihi. A Trenton
Philiv. Wilra. A Bait
ColumbiaA Greenv.— lata 101 14 lOlia
Pittsb.Cin.A St. L.— Com.,
2da
751a 76
St. P.aul A Duluth— Com.
si 40 N.W.Va.— 3d, guar.,JAJiis"
Plttab.ACon ella.— 7aJAJ
Preferred
190 ibiia No.Central— 6a, '85, J.AJ. 103t>4 1041a
Unlio<l N. J. Companies.
I'hiladelpliia

A

Gcr.

Phil.a.

A

I

'

AO

6s, 1900, A.
O.a, gold, 1900, J.AJ..-.
Cen. Ohio.-68, lst,M.AS.

W'est Clses'er— Cons. pref.

West'

J

V,*eafc

.1

ersey
eraey

CANAL

I.ehigli

A

Atlantic.

49
31

h,

\V.Md.-6a,

.STI.IOXS.

Navigation

381a

l8l, g.,
J
Ist, 1890, J.

."!9

:?chuy*lkill

Navigation...
18

RAILROAD BONDS.

A
A

J.AJ.

1141a 115
11434
llOia 111
113's

J
2d, guar., J.
2d, prof
2d, guar, by W.Co., J.AJ.
J
6s, 3d, guar., J.

I'ennavlvania
I'referred

July,
jVpril,

1904
Cons., 6p. c

103

Q.— D. Ex.

105

Cam. A Bur). Co.-6s, '97. 107 13
Catawissa— 1st, 7a, con. c.

Ex.

Nebraska, 68
Ncbr.aska, 6s
Chlc.Burl.<S;

Ask.

Bid.

2d, 63,

—

.

I

121
1131a

W.— Gen ,6.«
Cam. & Ambov— 63, c.,'89
Mort.,C8, 1389
Cam. A Atl.— lst,73,g.,'93

92
13

Atlantic

Northern

Date.

Amount. Period! a

GAS COMPANIES.

Wall

SECURITIES.

Norwich & Worcesior ..
Ogdensb. A L. Champlain

Gas and City Railroad Stocks and Bonds,
[Gas Quotations by Prentiss

&

Ask.

Bnfr.Pitts.A

Landgr.-int, 7a

.\merlcan

100 161 165
l-Jfliu
100
100
25 256"
25
100 125
100 IHO
23 130
100
25
100
100 150^4
100
100
25

...

Bid.

BOSTON.

Atoh.
Bid. Ask.

Bid.

HOC NiiUoual.

ButchcrB'
Central

SECURITIES.

Bailey, 7 Pino St.]

S.

COMPANIES.

Marked thus () are Par.

Bowery
Broadway

by E.

PRICE.

COMPANIES.

America*
Amer. Exdiange

[Prices

liist.

xxxvr.

fVoL.

Quotations in Boston, Philadelphia and Baltimore.

Local Securities.

New York

State of

.. ..

A

Mnr.ACiu.-78, '91,F.AA 132 133
103 »« 103»4
120
2d
63t>4 84=8
45
Inc. 78. end., coup., 94
47
8a, 3d, J.AJ
Belvid'eDel.— lst,63,1902 120
1211a Rlchm. A Danv.— Gold, Os
104
2d, 68, 1885
Union RR.— l8i,gu!i.JAJ iiVi; 118
108 "a 110
103 la
Canton endorsed
;-id,63, 18S7
IOCb 101=4
Virginia A Toun.— 68
Bnir. N.'.t.A Phil.— ltt,6a
V21»8il23
8a
2d, 7a, 1908
Wil. A Weldon— aold,7B. 120
Cons. 68, I9il
Iin
llOia
Wllm.C. A Aug.— Ga
lst.'lY. fs. 1P2'2

AUegh. Val.— 7 3108,
7a, E. oxt., 1910

'96

1221.J 12413

MAN

—

1

«

Kr-aiTldend,

f

Per share,

^

In

defaijlt,

{

Ex-rlghts.

.

!

Fkbhuahy

1

.

1

THE CHUONICLE.

34, 1888.J

RAILROAD EARNINGS.

New York

Tlio latest rnilroiid oariiingB and tho totaU from Jon. 1 to
Tlio statetncnt includes the Rross
laloet (latoaro Rivon below.
cniniiiKSof ull niilroadH from which returns ciin be ol)taiiitt(l.
'riiM colnmcs under the heading " Janaary I to latest date" fur-

217
Bnnka.—The

City

lollowlnif sUt^niMQtshowii th*
Hank* of New York Citr for kh«
week ending at thw eommnnrcitteiit of hnrinaw oa P«b. 17i
A n tntt onw iM If—

coD(lition of the AsHociated

Bankt.

OapUal.

t.t*an$

nish the KTdSM earniiif^M from January 1 to, and ineludinj,',
the period meatioQed in the second ooluinn.
Lalttt

Samingt

Keporled.

Jan.

1 lo Lalett Dale.

Soadt.

WeckurMo

1883

188S.

9

S
61.131

.Iiiniiarv...
Kel>,

IAl».Gt.8outlieni

Bor.Ced.K.ANo .(Iwk

OeiIt.Br.Un.riic -•(1 wk Fell
Caatrnl nr (>;>... liinnary. ..
Oantml idwii ... Ianii:ir.v. ..
'Cenlnil I'licilir Iiiiuiiirv.
Clmrl.i'ol.>VAiiK
Clieniip. iV olilo

:.lwlcl''eb
Iimuiirv..
Allmi J 1 wk Kelj
1

I

2.'5.nO*

3I1,V!()0
77,:toti
.7IS.(I0(.

1883.

1882.

S

60.574
€0.516
14.317
332.780
93,031

2S2.650
156.925
311.200
77.309

84,131

1,94 4,700

2.390.0.10

427.500

483.700
100.123

78,«0U

wk Jun

2i).l(10

36..37i

l)(;,<;9i

ClD.Iii.l.St.I,.AC

.Jiinuaiy...

iai.82(;

Oiev.AUroiKtCol

-I

ti.Oll

21S..50!:
7.ri94

CoUtHili.A(iret!i

.'(I

Ilif.Tlii)

tl4,0(l9

Col.IIock.V.&T. id

wk Fob
wk Fell,
wk Feb.

43.G32

ncnv.

wk

51.71U
111, 100

191,820
61.532
109,233
320.031
733.900
28.100
14.455
106.656
75,992

Olil".

W.Micli.

A-

.V:

Itli

IlliiCr

I

Ill

Dcnv.A R.()r-.\V.
De» Mo & Ft. I)

A

wkFnb

•Jil

Fob.
..

2,S,10li

M wk j.in.

4.37P

.luniiaiy.

09.y(X'
'

'8.939

wk Jan

a4.4(i()

U>,7sC

EastPrii

l8t wk Feb
.lannar.v. ..

21.\.282

39.44
24.455
224,825

E.Tonn.Va.AUii

i

wks Feb.

l.5«.'2(>»

li2,.VS8

EllZ. lA'X. ic li.K .lanuur.v. ..
Evnnsv. A T. II. l8t wk Fell
Flint A r. Mai.i ;d wk Feb.

47.330

28,710
15,718
40,050

Det.

I..111.

Vah. &

Ft.W.

Itb

Nil..

."Jioiixf

A Heaver

Itli

wk Jan

Wk.Feb.S..
Gr.ltavW.ASt.r. id wk l''eb.
GiiItC'cUVMiiM.Fo l.stwk Fell
HaiiiiilKilASt.il •2d wkFeli.
Hoiis.lv.VzW .'i'c\ January...
Ori»H(l TruMl«...

IUiiioUC'C'n.(llI.) J an nary...
(Ion;;) Jaunary...
1)0
So. L>iv. Jttiui iry. .

Do

Ind.Kldoin.A W 2d wk Fob.
Int. * III. Sol th. 2d wit Feb.
K.C.Kt.8. AUiiI 2)1 wk Jan.
L. Erii' A Wcsl'i; 2d wk Feb.
L. K. Al'I.Sliiilli 2 wks Feb.
L.Uk.M.Riv.AT 2 wks Feb.
2d
2d

Loiii; Irtlaiul...

.JbouUv.ANaHliv

Mciup.

A

Cliavl,

Uexicuu Cent.

13.1rt3
4 1 .970
C.'iOO

wk

313,010
.1,49(1

31.900
'17.3,i.i

24.«I8
631.-2(i2

19,948

1

407.41(1
.'2,197
Tl.sei

31.S0O
31,tw9
l-i.SO-i
1

3.HiO

Fell,

3.-..4.57

wk Feb.
lannarr. ..

213.32.1

lanitary.

.

Bo

Xo.Dlv Ith wk Jan
Meiloaa Sut'l.. January
MiI.I..sli.A\Vc8t 2d wk Feb.
Mo. K:ill. A Tex. 2d wk Feb,
Ml!)i^oiiri I^ieitlo. 2d wk Fob.

]12 99()
145.08
3,950
51.337

wk

2d wk Feb,
Oregon K.AN.Ci January,..
Poo. Deo. A Eve. 2d w k Feb.
Phlla. A RoHd.. Jannary..

A

Iron .laniiary.
Do C.
Slclini..V Dunv, 2rt wk Feb.
et. L.AII.AT.Il. '2d

wkFeh
Do
wk Fob.
Bt. IiOiiii' A Cuii'o l9t wk Feb
8t.UlivnMt.AS. •2d wk Feb.
Bt.L.ASan Fran. 2d wk Feb.

A

2a WkFeb.
2d wk Feb.

2dvikFeb.
2d wk Feb,

L

January...

Union

raollle... 9 da.i's Feb
Vlckal)'r«A Mer. .Inniiar.y.
Va. Mulliinil ... 2d wk Fob.
Wob.,st.l,.A Pac. 2a wk Feb.
West No. Car... 2d wk Feb
Wl«couiitn Cent
Ht wk .Tan

18.310
11,318
30.411
213,000
101,11

3.51.771

472.942
67.43
183.311
73.579
49,307
199,890
1,627,550
112,996
145.688

113.911
159.670
170.733
213,?1\

1,010,940

l(!,9n
7.327

378,000
11.62ti
,61)8.7

9.51.219

174.800

29.719
18.180

67.200
16.409
0.079
393,389
13.896
.503.075

948.39
tt57.2(jO

111.033
59,399
16.231

13..550

91,402
4,863
103.459
80.002
430.000

1X5.921
9,123
81.853
69.433

li..J4u

.^il.lSs

16.300
30L).0J0
1

I

99,152
30-i,65

1

12.',si5

597,000
47.309
(11,073

9!>.523

379',7"h9

107.263
40.390
393,389
100,210
1,503.07.)

948,391
407,128
15^,304
93.027
40.757
741.897
383,031
92,093
025.944
53,803
457.678
C?,433
2,560,000
47.309
91,687

t2,518

15.926

Latest Eamiiiga Reported

29,755
21.890
Jan. 1

to

'iy.oo.i

13.920

Latest Date.

Roadt.

WeikorMo

1832.

1881.

1882.

1S81.

Ciurlnnatl South
C'onnolton Val..
Danbnry A Nor.
iloua.A Tex.Ceu
liouimt. A Mo. K.
Mar.lliMiKh.AO.

Dceembcr.

Northern (.°eut..
Ohio AMU.S....
OroKou A fal
Orexon Imp. Co
PennBVlvnntn ..

Doeember.

Det'ember.

December.
December.
.Vovember.
Deeeinbcr.

77-,hOU

45-»,r.oo

».7I7.(KK1

4 'H.noo
4,.01,S0U

81.00(1
4<l.iO()

SIX!

i.b:7.8»

93MK

aoo.oo*

13 8ll.!iO0

4 lll.fiOC
a,(DS,40(i

4Sfl.3l(<

8.&'V4 IIIO

.-WISOO

1.000.000

4,X7iniO

411 (KVi

Mt.lMU
ua.ton

B'lO.OOO

1.711 anj

9'iO.OiK:

laa.oop

2iW.7lK,
I'iO.lW

l£4 B.»
lijIOOO

IJoeem'icr.

November.
December.
December.
Ph>ladcl|i.AKrie Doeember.
8t.Johni.li.AI. C. November.
South Carolina Deoember.
November.
f9o. Pu-Cal
Do So. I>iv. November.
.

ZOO.OW

i.oonox)

m.Bo;)

IW.400

I'.O.JO.OOH

I.IWB.OXi

41IJ.51X.
vaj iMXt

84B.vao
I4U.200
l2n.ino

fKC.OOU

<.5.«i.4XJ

u.oia.ooe

».4fttl,eOfl

MOO

8,iva.«o(i

Bro:l(lwri7

l.OOO.OOO

6.3H!.»00

i.Mi.oue

WlBKof

Mercnntlle

l.OOO.OOi

8.51.»0(i
i:11.4n('
im2.i()<i
Hl7 O-ie

714,800

Paolllo

(1484,1100
:(.923.7)0

.

Bo, Pae. of .\riz.
Do of S.Mc.\
Ctab Ceutrul ...
Wcet Jersey
I

'
t

.N'ovenOier.

271.209

335,512
24,584
149.010
98,037

(t«pnbllo

Chathuni

45O.0fl'i

d.Mi.iou

Peoulo's

800.000
700.0«0

i.6('.;o«

Ui 'Ml

B.«e5,(»00

Norfh America..

Hanover
....

Nassau
Market

3hoe k Leather..
Corn Uxchange..
Continental
Importers' & Tr..
Park
Willi 8t, Natlon'l
North Klver
Kuat Ulvcr
Kourth National.
Centrul.Nat
Second Natlon'l
Ninth National.,
rirst National..
Third National.,
y. Y. Nat. Bxch..
Bowery National

4,011,413
211.132
1,313,746

3,454.309
193.105
1,245,2^5

:5 1.815

Decenilie?.

117.245
72.931

166.742

1.508 00
1.10'J,-79

938.526

tiio'uded In Central Paolllc earnines.
IT Notthorn Division.
Not Inclu llnsr xil Ciiv A C'hlc.ieo Roa I.
Frel jbt ea- uings only.
J All lines lududodt

loo.apo
805.500

8.llT1.4')C

8 Oil 8»l

i8J.i'ao

U9 900

1.7Se40(

112,001'
i.Tai.toi

200.000

9.7W.50C
HWl.lOl'

ii;u.aiX'

84.8,330
»:«.oo<i

9 047.00"

8

2,18.300
9t.e.>i

2.170 HOO
9.4!4 7iK

*na.r

»X

a.tB1.90i.

lO.lSTt.OC

2<'Ji,t00

ai.s.Hoii
IU« 10"

5H1.4())i

l.OOO.OOt
soo.oot

K.O 5 700
4.45S.30C
O.va4.10C
8.1'»,00C

400.00C,

8..Stl.00C

fi6».0f)o

I.SOO.OOO

Ji.dVi.O'K
18,743.000

r.B44.lllO

2.000.00('

8.Hl-5.10fl

IX)0.0«

1.M«.900

877.40";

l4H.4nO

l.fiiBiliV

IIC.OIIO
250.80(1
a.'ioo.eoo
8.000.00(

1.5.17.000

20.00.'.

I.OOO.iKX,

12

101. IOC
00<

Kiasin
1,3»7.400
8«.3 i)

270.W6

?2.29l.7.>ll

1,381.30}

2i,8,«.9X

45,000

i3>I.OO

70 500

lc6 lilO
R28.iao
l..Sl»7.0«0

C78 00O

83(1.000

6.357,100

l.V6 5.')0

433.500

500.00C
l.OOO.OX
800.00C

15.316.80()

3.88U.H00
948.»10

1.43^.2

178500

SS1I.000

8.014.2J0
1.754.100
8.589.100
5je«4.3O0
2.03!.«OO
1,703,70C
1.607,800
4.781,200
1.470.900

fifth Avenue....
..

Geriuitnla

20(.>,000

U.S. Nat

600,000
800.000

Lincoln Nat

406

9011

1.642,000
l,02S,8OC
17,814.700
7.019,000
8.900.000
6.3M).a)0
io,;eo.ooo

8,231410

815.600

709.910
lll.OOC
87X.I0O

Stt.'OU

509. IX

1985.500

71.800
483.400

8.207.800

1572K

2.080 3 C
1.828.0.0

OK

£01

MO

4S0.0C0

2«.0()0
IW.IO'I

IKO.OOt'

^ierni'n Aroerlc'n

4.

e.731.9Kl

1. 422.001]

460.IXI0

200.000
TBi.ooe
8 O.oUO
lOn.oOO
200.000

4-O.bgu

s.3'm.vo(<
a.cos.o.ic
4 "ftS O.K'

4JS52 30O

B.H7i(.20fl

8.U204)C

387.10(1

5,e0fl

S.S«7.00(]

481.000

1.9>itBll

83.400
2I5.U0O
1(M.030
195.400

817

1«.718 200
T.KSa.OOC

SOO.OOf

1.41H5l(
3l9.«0f
so.nor
115 8'X
1.142,000
210.300

1.187.900
1.805.500

180,000

»S98.600

107 OOf

I84.M0

1779.501

113,400
100,000

B.IO 1.200
1,6014')C

41!

jm

4l«.iM!6

4B.000

323.'J5?.100 59.090.3Oli

deviations trom returnx of previous week are as foUowa
Inc. ti.»'O,a.0O Net deposits ...
Dec.
tS97.7C0
:

Loans and dlaooanti
Specie
Maal tenders

I

Dec.

Dec

8,403.200
44I.1UC

1

Inc.

Circulation

79,S0O

I

The following are the

totals for three weeks
SpecU. L. Tendcri. Depo»ltt. OirevlaUan. Agg. OI»ar,
%
l^^OS.
%
%
%
%
Feb. 3 ...3!6.4f!O,H00 Bl.eOJ.'JOO 23.nso.400 S07.182.800 W.615.200 !3').74»,830
"
10....32I.-I91,800 6'i,40.!,nDO 2l,7B4.S)0 3I1.I1U.400 H.4(W.700 837,H9.845
"
17....991,S.5J,100 5-.l,l.BH3M S1.3)3.T00 310,718,700 1«,5I3,030 i3».4S-1.9»8
I,oan>.
s

Boston Banks.
Loans.

—Following are the DepnMt.'
totals of
L. TeruUrt.

SpecU.

the Boston bankif.
Olreiilation.

Feb.
"
"

5..
18..
10..

94688.700

2S.7W.t00

«8.958.17S

6.0' 1.800

93.689.'2C0

29.»I1.3<I0

7a.l:8).2T7

6.952.300

3.943.70(1

92.413.900

89.367.200

77.t;42J74

15O.821.K0O

ICLblLOOO
iDCludlnK the Item

*

Clear.
*

5.803.000
4.833.000

7.125.SO0

iril.Ons.OOO

An.

«

«

'

due to other banks.'

Philadelphia Banks.— The

totals of the Philadelphia

banks

are as follows:
Loans.
»

18S8.

Feb. 8
18

';4,788.573
7.5.312.721

19

75.565.19J

••

"

An.

L. Tntdsrs.

Depntiu.

»
80.199.710

«
08.185.762

19.417.44!)
H-.10fl.33l

B0.491.9U

9.'57.01(l

8i.ros.o«o
80,691.180

68.385.037

9.731,891

8l.3bS.IM

Oirealatlon.
»
9.719.841

Otta-,
-

Unlisted Securities.— Following are quoted at 33 New Street
Bid. Aaked.

Am. Bank Note Co
All.

66

A Pac— Od, Ist

....

102

Blooks

Cent.

A So.

Ain. Te!

.

A

Atl.— let mort
CIllc.ACan. South

48
96
90

A

51
9614

52

North Pao. dlv. bonds. 89>n
No. Klv. Con»t — 90p.o 101
OhioC— Klv. Div. Ist. 64
IS"*
Incomes
Orcffou Iniiirovem't... 86

87"
27
71
512i«

82
7

Hubs,

80

8»8

60

o'^s

40'9

Oun

Prcf

19

10 3i

35
49I9

20

64''s

13»g

88
01 >4

Line-

p. e
e.t-bd.

A BiS
80
92

A Atl.— 1st
A Western

Pensao.

Isiiuort
Rloli.*D.Ext.anl<s.70«
Roch.APItts. coDS.,lst
St. Jo.

l()d"'

105

$10.0(0 Bliwka ex45
bnnda A sti>ck
Pitts.

28

73

Ill's

Or.Tran9-(.'.-Sh. 80p.c

Subsidy Rcrtp
Mich AO.--8uby..53i..c ....
M.U.Sl'kTrnst Certa.. 10>s
M. K. A. T. Ino acnp

iDComco

Istraort
Orefton SU.
Siihs.

100

7

am

75<«

5

70

N.Y.AGr L.--l8t Inc. 25
N.Y.UAW.— 5p.c.g.8tk 849»

lAihlch

Newb. D'tcUA

N.Y. Sua. A West.— Stk
Preferred

102

Internat. sttrip

A Wilkesb. Co
Mexican. Nat.
Prefon-ed

75

A

Onar. Ist

1st mort fund
Mex. Or. Intornoan'o

"."'.

W..85 p.o
N.Y. AScranton cona.,
100p.c,cx-b. Ast'ck

15

.

Kecly Motor

20

mort

lst.mort

Edison Eleo. LiKht. .450
(in. Pao. K'y.. 1st
Gal. nar. AS. Ant.... 32
3
lud. Dec. A Sprlngf...

m

AN.

.5a

31

letmsrt
Onl.A Chl.Ca'lADk.

J.

Pret.

Rubs. O.

no

A rh

I

N.Y.ChioASt.L. equip
N . Y. W.Sh. ABiiir.—8tk
del.wU.i88.onold sub 23*9

>9
38

B'klyu El.— Aaa't paid
do
Scrip stock
Ixt mort
Buff. N. Y.

Bid. Aiked.
|

|N.

1 at

Cent. Branch
Bost.H.&E.— Newst'k
Old

Istmnrt

09.170

November.
December.

232.772
19.489
126.061

at(8.8a(i

8.41!B

Chase National.,

The

T/-5.oao

noo.uoo

Yorknounty.

Qerman Bxcb.

WO.nOft
1.100 000
8.8IO.I0O
1.8S88'J«
4.160 401,
«.<71II0«
8.r«8.ion
4 81O.70«
6.323.(W0
9.34 1. «%

500.00:

Marine

».

8,ll80J(J
8,S20,40C
lV.7ll.00f
y.AOi.em}
8.13 ?.sc
8.W7.>i0t

IW.COO

Nlcholoa

St.

r.oon.mxi

1.000.000
BOO.OOd
a.000,000
loo.oi e
BOO.CIX

.

233,676

aij.io'

422.70C
i.Doo.ooe

5,443,700

;3 10.923
;

14.111)

278 70O

«.»41 ini'
I.HtBBOI>

S.0<X),0O(.
8,(K>0.(KiO

.

5,800,176

1.1.37.169 3,731.751 49,079.826 44.124.178

I

18 7<7 (Mil
8,11 1 MX;

'Joniniorco

Amorlcan Ejcoh

lllrt.nOO

8048*10

aofl.OOe

176.023
355.622

112,00(

.

(1

.«.«oi.noo
loa^.itiio

W)ON)

non.ooo

3,748.055
446.702
903,519

23,00(1
Minii.A8t.l.<iiiM Uoeember.
147,761
N.Y.I,. E.A Went. Deeeinlier. 1,691.404 1,571.208

.

».>Sil.lOO

3,173,389
499.022
1,197,420

430.182
39,102

4c«

l"0(l.(.(Kl

l.(XH).0(Xl

370.677
42.041
19.000
126,594

15,190

n»Mit
<

W.nTM.WKJ

Oontln't'lCnnB.-S5 p
Denver A N. Orlcan.s.
Den. A B.O.K'y— Cone. 83
Denver AHlo. Gr.West 21
70%
latmort

12.724

"

8(^-1 1.100

Ohio

236,599

490.003
348.488

4.'tVli,ll<0

2.343,336

203.814
20.612

;ii

i.i,'-'.i-t<i

Preferred

Atcb.Top.&S.Fe November. 1.331.170 1,303.385 13.296.323 11.12.5,756
598.968
55..333
767,435
Baff.riitabAW.', December.
57.303
Chlo. Biir.&Q.. November. 2,199.121 1.810.133 19.523.744 19.270.965

r>ii.i,o(Kj

n.'KKi.ocio
i.oii,!.(on

Total.

334.000

t.-),922

21.896

7

,!((K',(;00

Fulton

Oriental

249,050

II

oi

l.'illD.'OI

71,9.Tl

92,493
54.202
378,001
71.099

80,00
2,162,000
51.138
128,734

Phfnnli.

trvlns
Metropt»lltao

s'fa'.o-io

727.96'

Amorl'j.i

(^tliena'

210.608
197.388
a3S,266

951.219
401.65
179.094
101,190
30.815
923.123
391.005
101,420
671.29
52,038

314,

24,020
112.839
120.550
22J.625
367.110
28.710

630,074
7y5,8l3
159,076
170.753
213,841

1,008,7

717.8J1I

I

780,500

65.5?l»

25.538
10.812
8,303
135,895
62.080

(bielis.) •Jd

Dill..
Bt. Panl
Bt. P. Minn.AM.
Va;ie.v..
Bclotu
'rexa«A I'ueille
lol. Cin. A St.

2(.;,821

1

l.-)7.31(j

102,374

4H,i).'(5

201,94!
18,280
583,10
15S,183
272,709
29H.100
332.018
00.301
184,331
55,933
33,918
180,373
1,447.059
101,115

7.83,04'5

Fa'j

21.".599

270,203
24,81»
531.202
1 0,948
407,410

17.795

258,26(<
'H.i

858,775

1,330.133
40,534

92.9111

H. Y.AN.Ens;!',; lannary...
Worfoik A West !wk9 Feb
Northern Paelll. 2d wk Feb.

87.072
20-<.7l6

1,508,938
32.409
193,91

l."i.31»

197.38-

1.8211.1(19

2.>,000

289,151
7,317
21.909
38.171
18.2-C
588.261
1J8.483
272.700
46.46;
58.39B
28,087

117.B37
216.(i0

1st

481.540
47,330
00,234
269,081

13.017
54,3»7
91,009

Molillo ScOhio.. January...
iHft8lnli.ASt.l.6 Jniiuar/. ..

Olilo Central
Oliio Sonlliern

24.5.282

ffj.f
7i:i

SlBleof N. York.

2.1 ln.;i99

37.:i,-iy

onij

183.9.19

32.250

361.820
373.700
82.700

Mll^..

l.d.'i.i.iui;

a.'iOd.i

213..-.03

20.0 1.)

100.808
244.142
014. 89S
J P4.242
273.730
1,902.000

a,o.S43

* ovi.oix
0.71.V1(I0

h7i.0C«

8,lli;u.0<

Moohiinick'

Butoliers'AD.'oT.
MecliDnloa' i Tr.
(iroenwlch.. ...
f.«utli<>r MHn'f'rn
3«vonl,h Ward...

1,718,0110

Un.WK

1

Vlarobunia

Manhntlun Co.

Uernlrnta' Bxoh.
UiUlailn Natlon'l

I14,.'S80

*

fl.nn.floi

Oheinlcal

203.746

"issr

•
.810.000

y.rioo.noo

1)3.237
;i32.780

,829.46!i

144.3ri0

N«w York

eitr.
;
Triidoinien't

10,700

apti*.

»

»
60,574
375.870
03,031

ana

dUcounti.

Union

214.112
14S.'2n
32!».0(K)
3'^^.0•KI

Cli.st.l".Miii..VO

'

80.28(3

1

Clilcnto iV
Okie. iV Kiwt. Ill .'.l wk Fell.
ClilcVCi-.TniiiU Wk.IVli.Ki
OlilP. Mil Ast. r. -il wli Feb.
Olilc. A- Norlliw. .'it wkFeb.

:

:

-

A

61>*

40

West

Tex.Afol.Inuv-cx-bfl 10

Tex.ASMat.M AA.Dlv

...

A

7
8t, LiiuU..
T(d. CIn.
130
U. 8. Elce. Light

VlolisbV* Meridian..
Istmort

56
00
13
14

2%

9*.

9
..»a«»

:

...

THE CHRONICLE.

21b

|Vou XXXVI.
1879.

%uvtstmznts

Earnings—

The IHVE3T0B3' SoppLBMBNT cotitaijis a complete exldbit of the
if^nded Debt of States and Oitiet and of the Stocks and Bonds
It is published on the las
•#/ Railroads and other Companies.
Saturday of every ciher month— viz., February, April, June,
Sugust, October and December, aad is furnished without extra
tharge to aU regular subscribers of the Chboniolb. Single copies

•r«

Hold at

&c

Mail, express,

AKD

SIATE, CITY AND CORPORATION FINANCES.

$2 per copy.

Total gross earns.
Operating expensesMaint'eeof way, <&c.
Maint'ce of cars

Motive power
Transportai'n expa.
Miscellaneous
Total
Net earnings
P.c. of op. ex. to earn.
*

1880.

5.808,484
254,073

6,54«,8nB
313,329

5.948,123

5,755.077

,687,225

7,557.740

8,215.494

$
806,141
268.708
914.368
905,146
155,098

1,170,338
379,148
1,149.531
1,168,375
194,432

1,1B0.P33

1,273,125

3,049,521
2,700,156
52-98

4,061,^24
3,625,401
52-32

Chicago & Alton Railroad.
(For the year ending December 31, 1882.)
In the statement of bonds outstanding Dec. 31, 1882, the in«ome bends amounting to $1 ,083,000, due Jan. 1,1883, are excluded,
having been nearly all paid by tl;e application of funds proTided for that purpose before the close of the year 1882. The
remainder of the mortgage bonds of the Joliet & Chicago Railload Company, assumed by the company under the terms of
the hase of the Joliet & Chicago Railroad— amounting to
^06,000, oa which the company has heretofore paid interest
«t 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
the year. The total amount of mortgage bonds redeemed and
canceled daring 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

—

jrear

is

$1,323,200.

report says " The replacement of iron rails with steel
rails of sixty and seventy 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
lines tracks laid with iron rails.
" The construction of a new line of railway from Godfrey to
Hilton, passiug through Upper Alton, which was in progress at
the date of our last annual report, has been completed, and
was opened for traffic on the 15tli of July last. This is what is
«ommonly called a 'loop line,' 7 40-100" miles in 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
« grade of 90 feet per mile for a distance of about 2J6 miles.
This exceptionally steep grade has for many years been the
floarce of increased cost in operating the Alton Division of our
road. The two lines are now operated as a double track, and
not only avoid the necessity for helping engines heretofore
meed, but also facilitate the prompt and safe passage of trains.
new iron bridge, 600 feet in length, upon stone abutments
and piers, has been built over the Kiinkakee River 01 the line
ttK. tie Illinois River Railroad, to i-eplace'ft structure of wood.
At other points on our lines twelve spans of iron have been
erected to replace wooden bridges."

The

:

Total income

liisbuysemcnts—
Rentals paid
OonstrucI ion
Interest ou debt

Taxes
Dividends
Miscellaneous
Jol.&Ch.bds.red'md

LEASED lASia.
rent paid for the use of the Joliet & Chicago Railroad
Is fixed, and no separate account of earnings on that line is
kept.
The following tabular statement shows the earnings of the
other leased lines for the years 1881 and 1882
„.
^
Kansas City St. Louis &
lioiiisiaiiaiSi

188t.
$1,263,643
444,820
50,524
1,032,396

18S2.
$1,407,688
499.848
49 711
1,102^696

Total

$2,791,385

$3,059,945

Chicago

RR

Missouri Rlv. KR. (main line).
Louisiana & Missouri Riv. RR. (South Br.).
*t. Louis Jacksonville & Chicago RR

50rt,362

1,221,417
l,26.'-,.862

232,225

216,115

4,149,713
3,408,027
54-90

4,485,881
3,729,613
54-60

freight.

ACCOUNT.

1879.

1880.

1S81.

2,708,156
33,000

3,025,401

269,505

3,408.027
306,791

3,729,613
332,547

,739,156

3,894,906

3,714.818

4,082.160

754,913
* 102, 175
561,279
155,961
765,776
60,237

l,0b7,991

1,036,995

1,127,.534
71, -221

1S^2,

$

$

431,614
771,300
147,418
854.359
13^,743

Assets—

7(>2,001
171.6ii2

1,077,976
23-.',ol0

761,122
198,621
1,083,080
97,910
1306,000

equipment, &.c
Constructiou acct.
Stocks owned, cost

i

19,095,603

20,222,701

3,008,765

3,009.379
459,721
3,340,600
111,732
682.129
728,577
931,495
40,000
147,600
60,439

I

.
.

301,000

cost..

3,273,621

& accts. rec'ble
Materials, fuel, &o.

528,39!)

Bonds owned,
Advances
Bills

Cash on hand
.Tames Robb, Reo'r.
T. B. BlncUstone

Tilden & Meyer, Tr.
Miscellaneous
Total
Liabilities—
Stock, common
Stock, preferred
Bonds (see suf'M'T)
All oth'r dues it accts

Bonds canceled
L. &, M. Riv. bond ao.
K.C.St.L.&C.cou.ac.
Miscellaneous
Pri'flt

and

lotal

$

$

Railroad, buildings,

loss
liabilities.

361,510
372.670
106,444
40,000
147,600
60,439
27,296,078

29,740,373

$

20,222,701
3,152,517
4ni,800
3,313,551
109,913

20,222,701
3,330,746
458,600
*3,293,758
89,374

80O,-223

t884,.502

827,979
29,260

t2,'.05,148

4i>.0i)0

40,000

605,037

127,000
7,317

60,439
12,733

29,183.329

31,103,038

60,43i)

$

10,063,172
2.425,400
11,627,850
631,720
600,000
439,100
828,022
99,141
579,373

11,181.913
2,425,400
11,566.850
950,045

27,296,078

29,740,373

11.181,472
2,425,40a

12,504,600
2,425,400
11,432,850
827,141
1,058,400
7-26.000
795,000
439,100
439.100
534.010
517,038
105,835
71,569
1,442,441
1,859,081

11,50I,8.J0

661,000
439.100
97.3,991

41,664
1,500,410

29,183,329

31,103,038

Includes $3,000,000 Kan. C. St. Louis & Chic, bonds deposited with
v. 6. Trust Co. as security for same amount of Chicago & Alton bonda
issued on that line.
t includes notes of La. A Mo. R. RR.. $311,187.
income bends.
t Including $1,083,000 to redeem
*

Delaware Lackawanna & Western.
{For the year ending Dec. 31, 1882.)
This company never issues an annual report in pamphlet
The very brief statement of income account and the
form.
balance sheet published officially are given below, in comparison
with the figures for previous years:
1879.

1880.

1881.

1882.

s

$

$

$

Gross receipts, all source3.20,226.708 21,656,604 27.396,526 27,006,207
Operating expenses
16,416,256 15,753,131 19,032,662 20,163,078

Net earnings

3,S 10,452

5,903,470

7,763,864

6,843,189

INCOME ACCOUNT.
1879.

" The earnings from traflSc on these lines, and the line from
Roodhouse to Louisiana, including the bridge over the Missis- Netearnings
Interest and
«ipi River owned by our company, amounts to 43 55-100 per
cent of the entire gross earnings during tLe year 1882." * * *
" Less than 20 per cent of the gross earnings from
freight
tiaflic during the last two years has been received from
transiporting farm products of all kinds shipped at local stations. The
increased traffic of the last year has been derived mainly from
increased local shipments resulting from better crops in Mis-

344,368
1,121,018
l,2ta.l39

Tot.disbursera'ts.
2,400,341
2,973,871
3,772,783
3,615,518
Balance, sur. or det. sur.338,815 8ur.921,035 def.57,970 8ur.416,642
" Kan. C. St. L. & C. net earnings, which were devoted to construction,
iu accordance with agreemeut.
t $1,323;'200 now stocl( was issued for the purpose of redeeming these
Jol. & Ohic. bonds and the incomes due Jan. 1, 1883, since paid of.
GENERAL BALANCE AT CLOSli OF EACH FISCAL YEAR.
1879.
1880.
1881.
1892.

A

The

294.271

'

Does not include company's

Bece'pis—
Net earnings
Other receipts

1882.

$

4,242,791
201,178

IN-CO.ME

ANNUAL REPORTS.

1881.

$

I

Freigbt

1880.

1882.

$

$

3,810,452
3.624.431

5,903,470
3,627,381

7.763.S64
3,558,494

6,843,189
3,620,708

186,021

2,270,089
780,000

4,205,370
1,7(58,500

3,222,481
2,096,000

186,021 1,490,089
In 1880. 3 per cent; in 1881. 6%; in 1882, 8.

2,436,870

1,126,481

rentals

Balance, surplus
Dividends*

Balance after dividends..
•

1881.

OliNERAL BALANCE AT TUB CLOSE OP BACH FISCAL TEAR.
Assets—

1879.

1880.

1H81.

1882.

and from Kansas and other

Railroaii,buildings,equlp$
$
$
$
ment, coal lands, &c.... 29,426,081 30.278,732 30,873,357 33,072,860
St'lisandb'dsowned.co.st. 4,480.257 4,697,520 6,26.i 521 5.763,148

The statistics of traffic, earnings, income, &c., have been
rally compiled for four years for the Chronicle as follows

377,851
Cash* net current aco'ts.* 788,805
78"^73l
769,469
Materials, fuel, &0
1,049,694 1,264,344 l,121.8o0 1,342,820

souri,

and from through

traffic to

States west of the Missouri River."

:

Miles owned.
Miles leased.
Total operated..

Locomotives
Pas8.,mttil&oxp.cars
Preightcars.allkinds

KO.U) AND EQUIPMENT.
1879.
1880.

Total
Liabilities1881.

1882.

389
451

389
451

395
451

399
451

840
187
107

840
207
121

846
213
124

850
213

5,383
6,043
FISCAL RESULTS.
1880.
1881

6,044

4,218

1'24

OPBBATIONS AND
(derations1879.
1882.
Passengers carried..
843,429
1,203.?.49
1 4U5 606
1,666,991
Passenger mileage.. 54,219,072 78,'270,5G5 92 847 '464
101,150,959
Bate p. pass. p. mile.
2-419 cts.
2-076 cts.
1-828 cts.
1-951 cts.
JFreight (tons) moved
2,634,177
3,071,788
3 275 004
3,522,840
ff-r'ghtttns) mileage*. 402,234,396 481,474,730 447.009'977
474,823,908
At. rate p. ton p.m.*.
l-054ot-i.
l-206cts.
1-241 cts
l-2rtl cts.
Passenger
1,311,708
1,624,668
1,697,542
1,973,100

35,745.437 37,028,327 39,030,197 39,556,077

$

$

$

$

26,200,000 26,200,000 26,200,000 26,200,000
Fundeddebt
5,887,100 5,677,900 4,044,900 4,044,900
1,200.000
600,000
Balance on bonds retired
Surplus account
3,658,337 5,148,427 7,585,297 8,711,777
Stock

Total Uabillties.

..35,745,437 37,026,327 39,030,197 39,556.677

An

itemized statement of the "accounts receivable" and "accounts
payable" December 31, 1882, is given as follows:
Accounts receivable—
Ciish oa hand
$1,175,081
Coal on hand (less than market value)
614,273
2.133,209
Advan' 63 to leased roads
Advances on co.al to be delivered, &o
1.02 7,399
1,473,723
Coal bills and sundry accounts due
883,730
AssetsN. Y. Lackawanna & Western Railway
*

$7,337,416

:

:

Fkbrdaht

THE CHRONICLE,

24, 18S8.J

219

AocountA paynble—
Punt dtiudlvldiMidH. liitorcnt mid lonInN
CIvldoiida, liiliM'coi niKl i-imiIiiIh imynbln nftor Jiiii. 1, luoludliiK I)<l. I.iii'k. St. Wrst. (livldtinl, imyalilo Juu. ao
lionilH and in trr^rajfPH
Uiin'Muatiiil Iti'iiiM of N. Y. Liiok.
Western Rallwajr
VouiIicrH (Iiu'iiikI iinyiiblu iiftcr Jan. 1
Sundry aointiintH payalile uftor Jan. 1
Sundry li'uuafur aocouuta

*

$10U,210
2,07-1

717

3a7H67

State tuxcH |iii.viiiil» iiflcr Jitii. 1
I>eiTiiilH'r imyiiilU. piiyablo 111 Jnuiiary
,

Balance of accounts receivable.

Lohlsh Coal &

.

I,li72.727

3U4.002

.

$377,318

NtiTlgration Co.

(For the year endinff Bee. 31, 1882.)
report of Mr. Joseph 3. Harris, President, has the

following

"Our

revenues from all sources aggregate $1,939,211, an
increase over 1881 of $63,619. The fixed and interest charges
increa.sed |l8,2r)0, leaving the net revenue $659,293, whii^h is
$45,36'. in advance of that of the previous year.
Two dividends
each of one dollar per share were paid, amounting to $44ij,101
depreciation on cual improvements and the sinking fund cuntribation of ten cents per ton for coal mined, amounting to
$149,179 were deducted, and the remaining $S4,01I was carried
»
»
»
to thi> credit of the dividend fund."
" The stockholders i.f the Delaware Division Canal Company
have during the pa.st j'ear largely exerci.sed their option of
converting their stock into that of this company, and in this
wa.v 19,168 shares out of a total of 32,667 shares were exchanged
*
*
np to the close of the year.
This company purchased in January, 1882, for $62,000, 1,240 shares, being"about
one quarter of the stock, of the Old Bangor Slate Company, to
enable it to control the tonnage of its slate quarries which
are among the largest in the State, and produce slate of supe;

*

V'J

IBIi.liW

74,04fl
2 10,7 1

3'.'.^,IMHI

8.077
33,728
7,733

7,874

7.20a

s.'i.oeo

:JI,»73
4,81:4

rriitn.
ri'coli>t9

Total recrlptii
....

*

I .(HIS
I7,.-,H«

13,316

"During the past year the extended debenture loan of
$106,197, the convertible debenture loan of $41,550, and the
Greenwood first mortgage loan of $140,000, amounting in all to
$287,740, were paid at maturity. These payments, and the
purchases and loans above recited necessitated some increase of
the floating debt, which, after deducting cash assets, no at
amounts to about $1,000,000; against which this company holds
$740,000 of its consolidated seven per cent bonds, $306,000
Dal. Div. Canal C.i's. bond-*, and 18,901 shares of its own Btock
"The control of additional freight-producing territory, by
the purchases and loans above recited, has so strengthened our
position with regard to the coal trade, which, on account of the
geographical position of our railroads, must always be our
chief source of revenue, that it is not thought necessary to
make further investments in that direction.
have reason
to look for a steady increase of business and of net earnings
from the region now tributary to our roads, and this should
enable us to fund our floating debt and refund such part of the
loans maturing this year and next as we may desire by the sale
of stock, or the issue of bonds at a lower rate of interest. The
(sonversion of these loans and of the stock of the Nesquehon-

We

ing Valley Hailroad Company will effect a great reduction in
our fixed charges, and will strengthen ver^ much the position
of our stock as a reliable dividend-paying investment."
Comparative statistics for three years are as follows:
SeceipU—
1882.
1830.
1881.
Bevemie from ra'lroads and KeaquelionlnK Tunnel
$l,l.'j7,909 $1,429,468 $1,445,1»0
Beveuue from Leliigli Canal
59,699
10S,666
95,830

91,000,070 f 1,878,002 $1,930,21»

.

Taxe<

1.703

Jl.'in.lOl

$n2.R»3

97,050

97.050
120,330
70,148
018,030

102.35S
74,048

942,»7»

(?1, 201, 609

(11,279,919

$613,924
$64,818
05,333

f859,20a

$130,148
$133,770

$U0,18O

».'^

12.^1,438

8t,lA3
032,231

Interest acconut

Total dUbarsements
I?l,237,0fl5
Balance of earnings
$322,011
LesBBlnk'gf'dof lOii.n.ii. tononcoal.
$55,317
Legadepreo'noncoaUlmpr'v'in'ts, <Stc.
72,458

Total
Surplus for year
Bul'nce to credit of div'd fund Jan. 1
Total...

8127,773
$194,230

$

DlvidendH.

1>7,0;0

$70,6I!r

78,388

$510,113

lt>4,236

171,44.5

$078,012

$031,.t.'SS

(2) 20IJ,5«J7 (4)

Bal'nce to credit of dlv'd fund Deo. 31.

$191,236

$471,445

440,101

$63,5,457

The gyoss receipts of the company's railroads, and the coat
tonnage on the Lehigh & Su.squehanna BR. and the Lehigb^
Canal, during 1882, aa compared with 1881 and 1880,Jwere as fallows

and mails
Freight and express
Coal
PnsRcnsrerB

1880.

1891.

1882.

$144,376
465,;i98

$104,287
540,777

$183,608
616,887

2,804,272

3,317,454

3,464,480'

Total

$3,414,016 $4,222,518 $4,295,068
Coal & Nav. Co.'s proportion. $1,138,015 $1,407,506 $1, 131,687
Coal tonnage
3,90.5,393 4,704,092 4,665,!:51
Lelilgli

The Spring Brook Railroad Company, owning about nine

miles of railroad which 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, situated
about five miles west of Tamaqna, containing coal of fiiie
quality, and of as great amount per acre as our Summit lands.
Estimating their prodnctive capacity at the same rate per aerrt
as that taken for adjoining tracts in Mr. Harris' report on the
Reading 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 $22fi,089, about ihamount which our sinking fund receives in three and a half
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 .f 816 per acre for 7,201 acres, has been redac-d,
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, whieu is a full allowance for the lands exhausted by mining in the ia.st ten years we had January!,
1883, 8,0,',3 acres of equally valuable land charged at $5,810,058, or $722 per acre.
" In order to secure for the Lehigh ft Susquehanna Railroiid
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 $70,000 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 tonnsge
from these lands is perpetually bound by contract to pass to
*
*
*
market over our lines of railroad."

.

IHxbnrsem enta—
Oeneral and ICKal exixmiieii
Rent and taxcH N™q. Valley KR.
Kent and taxen U<d. ulv. Ounal

HH2.

$IM.047

00,170

7:i7,'.i'.'.i

The nnnaal

_"

from

Itf^vi'iiue

MUccllaiicouH

I

9ll/,7.'VII

(

277,riO'l

mm.

1880.

Rorcniin from wnt'r p'm I.rlilKh Cnu'l
Kovi'iiui' from iH'lawurn l*lv. Caual
Net iinillt on I.<'bl){li <ml
Itoyally on (m>iiI mined by leueci....

f.sa.ooi

9e,9ft9,5Gl

rior quality."

V

»

.

Northern Central Railnay.
(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
per 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
total net receipts, $2,241,822.
coal tonnage of the main line in 1881 was 1,55,5,045
tons, and in 1882. 1,736,196 tons. There wa^i 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 Baltimore was 488,793 tons, an increase of 30,068 tons in 1882. The
coal tonnage of the Shamokin Division in 1852 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

$80,812

;

"The

The decrease from the Mclntyre mines, near Ralston,
was 27,805 tons. In the north-bound anthracite trade there was
an increase of 5,180 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
large decrease as coinpared with the preceding year, due
mainly to the falling off in the foreign demand. There were
carried overyour lines to Baltimore, in 1882, 10,333,853 bushels
of grain in 1881, 17,911,677 bushek; a decrease of 7,578,834
tons.

;

bushels."

•

»

*

»

" 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 B.')-100
pnr cent. There was a net profit per passenger per mile of
2 44-100 mills, as compared with a profit in 1881 of 1 85-100
mills.

" The real estate account was increased $513,091 during the
year, the details of which are shown by the following state-

ment

:

$11<>,031
rents payable, capitalized... 440.S13

Paid for additional property purcUascd

Amount of mortgages and ground

$556,643
$34,000
Deduct receipts for property sold
9,752—
.Mortgages and ground rents receivable, capitalized.

,„_,„

43,753

i>51 3,091
Net increase'
" The various mortgages and ground rents for which yoirr
company had becomeliable in the purchases of property here•ofore made have, as stated alwve, been capitalized, and the
imount thereof, $440,812, charged to real estate acconn: and
credited to mortgages and ground rents payable."

.

THE CHRONICLK

220

"In accordance with the announcement made in your last annual repcit, your board purchased at par the entire share capital of the Union Railroad Company, of Baltimore, costing
^600,0CO. 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 capital was increased during the past year from $5,842,000 to
The stockholders having been offered the privilege
$6,500,000.
of subscribing for 10 per cent of their holdings at par, availed
themselves thereof to the extent of 6,008 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 management of your company March 1st, 1882, and its acquisition has
proved even more valuable to your interests than was anticipated, and you cannot be too strongly congratulated on securing its control.
" During the past year a connecting line was built between
your road at Dauphin and the Pennsylvania Railroad at RockTille, at a cost of $175,000, 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 classified as extraordinary expense.s, 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 ears
Amount expended on account of new loc.omotivefl
Amount expended for new traeUe, t&e.. Baltimore and Canton.
Amouut expended for extension second and third track*}, sidings, crossings

and

$1 02,449
II 9,438

35,919

stutiuus ou the line ot the road

103,324

$456,1S0

The comparative

four years have teen compiled

statistics for

for the Chuokiclb as follows

:

KOAD AND EQUIPMENT.
1S79.

1880.

1881.

Miles owned
Miles leased & cont'd*

152
170

152
170

152
170

152
170

Total operated...

322

322

322

3^2

Uses also 40 miles of Philadelphia & Eric road
OPEKATIONS AND FISCAL RESULTS.
Operations—
1979.
1880.
1861.
1882.
PasseHKcrs carried..
I,5rt0,879
1,913,731
2,430,162
2,590.582
PaesenKOr mileaftJ.. £5.888,514 29.580.ljl2 o4,370,Si48 3r,727.7C4
Rate t3 pas?. ^9 mile.
2-426 its.
2-352 rts.
2-412 ets.
2-:J27 fts.
Freipiit (tons) moved.
7,fi20,806
9,460,2-^9 10,527.706 1 ,057,3.'i5
Freight (touK)iiiirpe.404,192,7«l 461,904,456 500,180,310 502,3i;3,778
Av. rate ^ ton 5^ mile
0-810 cte.
0-884 ets.
0-809 ets.
0-b97 et.!.
Eaniitigs—
.$
$
$
$
Passenger
627,927
695,430
808,554
885.780
Freight
3,27-.i.302
4,131,008
4,396.187
4,5li7,098
Mail,exp. (femiscel..
2u7,720
223,949
238,959
107,238
1

Total pros.^ cirn'gs.
Operaling cxjiennes

—

Manit'nceofway,&c.
Motive power
Malni'uee of cars
Transportat'n C-xp'ns
Miscellaneous
Total

Net earnings..

4,107,949

5,050,387

5,443.700

5,800,175

698,296
931,167
437,737
1,121,232
63,817

718,532

785,446

816.200
30^,365
956,021
65,736

1,048.088

1,183.150
t0,405

1,135,225
632.8G1
1,218.797
69,934

2.861,941
1,246,008

1,795,119

3,787,446
1,636,254

3,842,323
1,957,852

$
715,'>19

777.270

3,-;55,208

total, $S9,488.

The further

increase

1879.

1880.

Net

1,24C,<

earijiugs...

Interest
Other receipts

.

Total income

Disbursemcn Is
Rent'ls.

—

I's'd liiies.&c*

on debt
Dividends
Intf-rcst

Miscellaneous
Bait.

& Potomac int.

Tot. disbnrecm'nts.

Balance, surplus...
*

08

BALANCE SUEET, DEC.
Railroad and
properly
Cash.

Dr.
other

N. Y. and Charltston

1882.

S

«

200,961

2,091, 42 ^

1,917.451

2,211.820

63,260
1,416,142
179,106

203.1.i6

80,812

New York &

Charleston Warehouse & Steam Navigation Company, 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, now in operation and doing a paying business. Of
the 205 miles of main line, 125 are laid with steel rails, and the
remainder, excepting about 12 miles now beinj,' lelaid with steel
rails, is in excellent order.
The Camden Branch, 38 miles, and
the Barnwell Railway, are in satisfactory condition. Two thousand tons of steel rails have been bought and will be laid in
1883. This will leave lefs than 60 miles of iron rails in the maia
line, none more than slightly worn, aud 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
mortgage bonds, $1,447,000; second consoiidate-d mortgage
bonds, $170,000. These prior liens mature semi-annually until'
January, 1S8S, and are canceled as fast as they can be paid.

Sioux City & Pacific.
{For the year ending Dec. 31,

3.50,517

51,218
37.177

1,806,533
281,895

1,809,935
107,519

(7)

:

nEVf;NLE ANJ EXrE.NSES FOB THE YEAU ENDING DEC. 31, 18S2.

Rftenue—
Freight earnings
Passenger earnings
Mail earnings
Kxjircs.i earnings
Miscellaneous
iJi-awbnck. account leasedliucs
A 11 other sources
Total revenue
Kxpe7tscs—
expenses aud taxes
Reulal
IiitPi-cst on ilret mortgage bonds
On U 8. bonds (accrued, not yet due),
On other debt
Di vlden ds ou preferred stock

"',

JE^*?].;-Maiutaiiiii

g road
'.".'.'.'.".".'.'.".

Total operating ctpenscs....

Keteamiugg

.

949
20

0.^0
1 i2

^.

07,69910,994'
1 1 ,830
,(iC6,03ff

$192,473

BALANCE SHEET DEC.

31, 1882.

equipments accounts
owned by Co
Material aud luclou band

$5,991 ,453

27.718
2~0,472
loss to date)

1 .5

i

2,!:

09'

$7,8S3,lal

—

Pi-cfcrred
First mortgage bonds

1,950,073
285,147

70,176.

Accounts receivabi o

and loss (ualauoe, or net

600

:

Cai-h

Liabihlies

common

$1,899,400

169,000— $2,068,400-

1.628.000
U.S. Qovenimeiitsuboify bonds
),6.'8,320— 3,256,320
Interest accrued on 1st mort. b jnds, unclaimed.
1 6,755
Ho
do
do
extended
131,235—
147.990
Interest on Goverumont bonds, accrued, not yet duo
1.36B,"i6B.
Vouchois, notes uiidaccoucts payable
1,016,854
.

$7,883,131

Fremont Ilk'aorn & Missouri Viillcy Railroad,
{For the year ending December 31, 1882.)
The f lUowing statement of the business of this company

for
1882, and the balance sheet at close of the year, has just been
received
REOKIITS AND EXPENSES rOR THE YEAR ENDING DEC. 31, 1882.
:

1882.

$290,104
9S2,]55

11,385

19,531
12,769

09

3.2.-6

$1,245,286

$1,313,820

$175 089

Repairs of luaohinery
Ol>eratlng road

_,,,,,
ihe following

1881.
«o(n sqo

$740,444
97,388
97,680

.f 1

Cuiiital stock,

:

"[

^873,562

Doflclt

477,256

KABNINGS AND EXI ENSKS.

From freight:
FromU. 8. Mall
Fn.m trei -lit car service
From miscellaneous sources

,

Oiici-atlng

444.272
154,270

South Carolina llailiTay.
{For the year ending December 31, 1882.)
An official statement for the late fiscal year has been issued
^
in circular form, from which the following extracts are
made
Fromrassciigcrs

&

of the business of the Sioux City
Pacific Railroad Company, and balance t-heet at the close of' the
year 1&82, has just been received

,><';o,875

Includes rent of roads and interest on eauipment.

Eaminps—

18S2.)

The following statement

!f!

472,093
895,730
(6)

16,328

$13,079,316
Total
$13,079,316
The company has in its treasury, first consolidated mortgage
bonds, $50,000 ; second consolidated mortgage bonds, $483,000 ;
income mortgage bonds, $462,000. It is the sole owner of the
Total

Profit

$

452,097
898,0.0
146.018
113.834
196,491

21,:
,173

ton Warehouse nnd
Steam Navigat'n Co.

oiistruction and
Ciimpany's bontls

1,595,308

(2)

,000

<

1.957,852

*

""251
262,;

New York and CharleslOO.OCO
62,816

Co. stock

4,20 1 ,1 60

Bills payable
Profit and loss

W.irchousc and
Rteum
Navigation

Barnwell Railway

$5,96?,',402
,000
2,538,(

Capital stock
'"'
"
Interest* acern<d.

As-^ets--

1881.

1,656,254
151.570
109,630

$
45V,742
895,140

Cr.

$12,673,735
95,458
117,305

(Uinrleston office

31, 1882.

Mortgage debt
Income bonds

Total expenses

1,795,119
132,512
163,797

14>',3:j9

fully accounted for

by the increased
due in great part to the
larger number employed by reason of above improvements.
is

cost of provisions furni.shed laborers,

INCOME ACCOUNT.
Heeeipts—

XXXTI.

fourths of a mile of Wateree trestle rebuilt, ,'S!14,347; cost of
rebuilding culverts, $5,946 ; excess of cross-ties used, $33,406;

168?.

*

iVoi,.

I27'l4(;
412',099

$218,017
157,305
437,217

$744,335
^oOoIdoI

$812,630
$501,190

expenditures, resulting in peimanent improvements, are included in the cost of maintaining road for 1882
and
are the chief cause of the increase in this item over
1881
L»bor of layiDg 3,0P0 Upa stegl rails, 1^9,076 ; cost of
•

three-

Receipts—

From rental of road
From conuecliug roads
From Interest aiid prollt and loss account
From donations on account of exteusious
From town lot sales

$94. 77ft

8li70a
3.664
]7,000>
2,800-

.

Total receipts
Erjienses—
For salaries and general expenses

$199,949i

$1,043
191,065—192,708'

For Interest on bonds
Balance to income account
Assets—

BALANCE SHEET,

bantiB of trustees

'

$7,240
1>EC. 31, 1882.

Oonstruction accounts
Oash in hands of Treasurer and Ass't Treasuerr.
Cs;«"4 lu

'

$5,087,2 14
. .

$3><,321

(

81.712

»

—
FEDnuAJiT

.

THE CHRONICLE.

24, 1883.J

Aorouiil«rpo('lv»l>lo........
I'riwltirt. I'ondx (111 ImiuU of triiBtccs)
rrollt mill loHs (iiiilaiico uci Iobb to dote)

'Ji'SJi

,._
li.OOC— »,„,
$ll)l,.1fl7
H»U,3U8

«3,473,U0
LIXBILITIEa.

$1,021,000

Cnpltal Block
[;:^::5.;sti:;!r ::":v!*;::::::::::::::;;:::::::::::
Accrued Interest on liouds

^'lil^?-

3,«3.o82
110,057
«5,i73,110

GENERAL INVESTMENT NEWS.

221

Mobile & Alabama Qrnnd Trnnk.— The ChaoMrr Coart at
Mobile, Ala., has ordered a decree of foreolooora ana sain entered against this road nnleos the company aball redeem it br
March 15, by payment of the principal of $1,240,000 bonda,
with interest accrued since April 1, 1874. Falling sach r«.
demptlon— which is not at all likely to be made the read is
to be sold at pnblic pale on proper notice.
The road hastra<*k
laid from Mobile to Bigbee Bridge, &9 miles, bat It has not
been operated for six or seven years, and must be In a very bal
condition. Several plans have been proposed for the extension
of the road to Birmingham, Ala., bat none of them bare been
successful. liaiiroad Oaze.te.

—

Nnghville Chattanooga ft 8t. Lonig.— The followlDg official
statement of earnings and net income is made for the month ol
Central.—The Rochester Democrat & Chronicle January and the seven mouths of the fiscal year from Joly 1 to
has information that the Alleghany Central will merge with the Januiry 31:
Lackawanna & P:tt«barg, which company ban entered into a
JANUABT.
satisfactory contract with the Delaware Lackawanna & Western
1882.1883.
by which the new line of road from Perkinsville, on the DelaQroM
Oroii
Ntl
t^riUngn.
eavnuifin.
enrnlngt.
tarntnoK.
ware Lackawanna & Western, to Bt-lfa'Jt, on the Roch'^sfer divi$16H.9«;i
$.'>5.010
Stem
$179,027
$76,758
sion of the Buffalo New York & Philadelphia, will consist of 22 M;iln
5.280
I.i'liiiiuiH lirancli
3,202
5,300
3,<73
present
of
the
line
same
distance
of
miles of new road and the
3.376
i.noo
McMiimvlUn Branch
859
2,932
4,840
2,815
2,623
033
FuyellevUlo Branch
the Allefihany Central, and will be standard gauge.
AllPffliany

.

.

.

189

2.2=11 Loss

Cciitrev. Br., uar. gaiigo.

109

1.159

2,975
680
1,843
Ixisa 835
North Carolina.— A press dispatch from Raleigh, D. R.Val. RR., nar. gauge
Feb. 21, says "Judge Phillips, of the Superior Court of this
$170,752
$197,387
$9^,317
$.')9.6(M
Total
county, decided this morning to appoint a receiver to manage Interest and tiixcs
5i,.'i6l
53,532
the Atlantic & North Carolina Railroad, running from More$30,75tJ
$6,073
net
Income
Balance
head to Goldfboro. This is a virtual decision that the terms of
SEVEN MONTHS EXDINO JANUARY 31.
the lease by W. J. Best and his Boston syndicate have been
1882.-1883.
violated, and that it is necessary for the protection of all partOroti
Net
Nel
Orosa
Thern are
ies in interest that a receiver shall be appointed.
earnings.
earnings.
earnings.
earnings.
three parties to the suit— the Srate, Appleton Oak Smith and Main Stem
$329,013 Bl, 153.027
$448,789
$1,224,928
23.178
33.457
37,331
the Midland Company, and W. J. B.-sc and associates.
4<>,733
Ijcbaiiou Branch

Atlantic

&

:

.

.

A'.cMlnnvlUo Branch.

—

Chesapeake & Ohio Railway. Comparative statement
earnings and expenses for the years 1881 and 1882:
19>2.

1S81.

Earning

...$'!,70.-.,.143

£xpenseti

...

$137,9.39

Net earnings
Int. cliargcs for the

6

fncroaEC.
$t)29.H33

2,302,i4S

35,045

$3,331,9'.

2,aa7,403

of

$1 ,032,528

$J91,588

$331,000

year 1882

_

—

Iron and Steel Rail Prndnction. 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 production of iron and steel rails last year was 1,683,794 net tons,
being a filling off as compared with 1881 of 153,306 tons. Of
the entire out-put 1,438,155 tons were Be.'^semer steel rails,
227,874 tons iron rails, and 22.765 tons open hearth steel rails.
The five leading rail-making States were Pennsylvania, which
produced 850,908 tons; Illinois. 362,250 tons; Ohio, 113,806 tons;
155,021 tons;

and Missouri,

Total....
Interest and taxes

85,528 tons.

1883, shall be

The bonds

computed and treated as part of the

shall be

principal.

payable in thirty years, but redeemable at

par after six years.
Mr. Farrington said the local government is ready to accept
the settlement and will be prepared to pay the obligations. "We
will create no other debt, and this old debt will not be a first
mortgai^e simply, but the only mortgage. There is a prosperous future bef>ire us which warrants us to say this. We cannot
ask you to take anything else than the Flippin compromise,
which you accepted in 1S77." He explained that the taxable
basis isabont $14,000,000. The debt under the settlement will
be less than !?3,000,000: The Baltimore creditors listened attentively to the siatem-n:s.
U was moved "tliJit it is the sense of
this meeting that the proposition be accepted."
This was
adopted unanimously.
•

13,109
23,119
4,302

$!,378,921

$fil3.232

2.5. IH9
5,320
2i,329
5,770
7.222
276
18,911 Loas 2,070

9, 0.5

370,3a9

$180,058
367,813

$233,833

$112,815

$1,264,011

regard to the new
loan for $3,000,000 negotiated on collateral trust bonds there
has been a claim made that some of the securities thus pHt in
trust were covered by the second consolidated mortgage. TheNew York Herald says: "The list of collateta'.s back of the
new loan is headed with the 10,000 shares constituting the
capital stock of the Blossburg Coal Company— $1,000,000, par.
In his last annual report President Jewett notes the pnrchasa
of this property on behalf of the Erie company, 'after considerable negotiation,' for the sum of $2,000,000. Of thisamount $1,285,000 was paid in cash, and the Grand Opera
House property was put in at a valuation of $713,000. Thii
Blossburg purchase is understood to have been made virtually
from Mr Gould, who owned all or nearly all the shares." * *
'Of the fifceen lo!sof recurities named as collateral for the new
loan eight are these of properties named in the second consolidated mortgage— namely. Hillside Coal & Iron Company (10,000
shares). Long Dock Company (8,000 shares), Buffalo New York
& Erie 5,759 shares). Northwestern Mining & Expre.ss Company
(5,000 shares), Paterson & Newark (499,000 shares , Newburg &
N. Y. R R. (169,000 shares), Newark & Hudson River ($250,000
bonds), Buffalo Bradford & Pittsburg ($185,000 bond3\"
Mr. Jewett stated that the company has a right to use these
stocks and bonds as collateral intrust for this loan, and that the
mortgage gives that right.
—The following is the oflicial statement for December and for
the three months October 1 to December 31:

Erie

& Western.- In

i

—

MemphU City Debt. The Baltimore 8an reports that a
committee of gentlemen from Memphis, Tean , authorized to
offer to the creditors of that ciry terms for a compromise of its
debt, met Baltimore holders of those securities this week. The
Memphis committee were Hon. D. P. Hadden, President of that
taxing district: Judge H. T. Ellett, Wra. M Sneed and Wm. M.
Farrington. Mr. Sneed, ( n behalf of the Memphis committee,
explained the provisions of a bill pending in the Tennessee
Legislature "embodying the proposed Settlement of the debt
of the city of Memphis and taxing district of Shelby County."
The plan is substantially that of the Flippin compromise of
1877, which was to fund the debt at 50 per cent of the principal and 6 per cent interest. The interest for the first three
years shall be 3 Der cent, and for the next three years 4 per
cent, but the difference to make up 6 par cent is to bi capitalized and added to the principal debt, svhiuh will make each
$1,000 represent about $140 mare. Interest dm to January 1,

27,437
3?,705
16,7i2
21.373

Balance net Income.

New York Lake

for the disposiHannibal * St. Joseph.— The negotiations
""
'
'
"
Railroad, which developed
St. Joseph
tion of the Hannibal &;St.
into a plan to sell the stock purchased from Mr. Duff at 42 to
the Chicago Borlington & Qaincy, 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
Mr. Gould and his associates bougjit the stock, but to pay it in
the 4 per cent bonds of his road at par. Mr. Perkins declined
to give a bond at a higher rate of interest and the deal terminated. Mr. William iJowd, the Pre.sident of the Hannibal &
St. Joseph, said that the extension from Qaincy to Chicago, a
distance of 247 miles, would be built. He estimated the cost at
$20,000 a mile and with equipment, $25,000. He said that the
road, which is surveyed, could be built in a year.

New York,

F.iyetteville Branch..

Oiiutmv. Br., nar. ft'c.
U. R. Val. Ra.,nar.g'c.

UONTH OF DECEMnER.
1881
Gross earnings
Working expenses

Netoarnings

Inc. $120,195

$1,S71,208
1,190.826

$1,691,403
1,219,664

lac

.

59.833

$381,382

$141,738

Inc

.

$60,356

OCTOnEn— DKCEMnEK. INCLUSIVE.
Oropsearnlnra
Workiug expenses
Netcarning.s

$.5,101,543

$5,329,237

3,451,900

3,486,9t!4

$1,842,273

$1,610,012

Ino $227,694.
luc
32,063
.

.

Tne $195,630
.

from the
railroads, o'ana'.s, steam colliers and coal barges in January
were $1,608,775 and the net receiptJi $675,343; for the fiscal year
since Nov. 30. 1882, the gross receipts have been $3,404,14« and
Phllndelphia

& Reading.—The

gross

receipts

the net receipts $1,513,952. The §ross receipts of the PhiladelJanuary were $951,219 and
phia & Ri^ading Coal & Iron Co.
net loss $10,465; since Nov. 30 gross receipts have been $2,021,043, and net loss, $5,291. The total receipts of both companies
together for each month of the fiscal year have been as follows:

m

OroAn Jlecetpls.
1882-83.
1891-82.

necember
January
Total 2 months

Xel licceipu.
1892-93.
1981-92.

.

$3,231,077
2,451,46J

$2,865,201
2,o50,991

$937,542
646,913

$343,783
004,877

$5,653,143

$5,12.5,105

$1,531,455

$1,50S.C6»

coal tonnage has been as follow.s, viz.: Cariied on the
tons in
railroad in January, 576.211 tons, against 508,147
January, 1882. Mined by the Coal & Iron Co. and by tenants,
365,63.')"tons. against 330.138 tons in 1882.

The

—The Usion Trust Company of Philadelphia on Monday
beean paving off the R-ceivcr-s' certificates of the Philadelphia
& R-ading Railroad and Coal & Iron companies with the proteeds of the |2,000,000 car trust loan which it took.

;

.

THE CHRONICLE.

222
I^Ixc

[Vol.

XXXV L

COTTON.

Ol^amnxevciaX %ixnzs.

Friday. P. M.. February 23, 1883.
Crop, as 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 weefe, 165,868 bales the previous
making the total
week and 171,316 bales three weeks since
receipts since the Ist of September, 1882. 4,766.393 bales, against
4,006,508 bales for the same period of 1881-82, showiuK an
increase since September 1. 1882. of 759,885 bales.

The Moyembst op tub

COMMERCIAL EPITOME.
Fbidat Nwht, Feb. 23, 1883.
been interrupted by a close
has
week
Business in the past
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
has
of active spring trade seems to be at hand. The Senate
passed a bill making moderate reductions in import duties and
it
abolishing many stamp and excise charges. At the moment

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 close, however, and especially
to-day, an irregular and easy feeling was 'noticed, the direct
is

;

Beceipta at—

Mon.

Indianola, &o.
Orleans...

Mobile

Wed.

Thxirs.

Fri.

lotac.

1,010

4,401

1,782

2,443

15,659

188
3,419 10,605
1,22C
1,501

7,281

4.215

817

501

3,931
2,111

7,691
1,89G

188
37,145
8,055

311

341

2,419

3,115

3,219

2,190

2,183

2,439

13,570

1,421

2,376

1.U69

2,075

1,159

2,080
4,329

11.080
4,329
2,789

2,911

New

Tiies.

3,0S2

Sat.

Galveston

Florida

Savannah
Briinaw'k, &c.
Ciarleston
Ft. Royal, &c.
Wilmington....
Moreli'd C.,&c
Norfolk

592

.

466
503
358
231
639
from
610
640
505
the West. Mess pork was quoted on the spot at $19 25@?19
3,057 3,055 3,851
2,433 2,180 3,723 19,204
6,879
WestPomt,&c
6,879
the options were dull and entirely nominal. Bacon was firm at 9%
220
628
235
340
229
1.6.^2
@10c. for long clear; long and short clear together 10-10@10'15o. New York
956 1,992
907
876
791
5,522
Beef steady and quiet; city extra India mess |25@$27. Beef
541
511
Baltimore
off.
fell
soon
hams firm at $21(S)$22. Lard opened steady but
891
914
978
450
1,588
4,951
PhUadelp'a, <fec.
and at one time looked very unsteady; toward the close there
Totals this week 17.131 27,7511 20.''.'i9l 17.73r> 15.316 33.619 134,448
was an improvement; prime Western was sold on the spot at
For comuanson, we give the f ollowmg table showing the week's
ll-70@ll-73c. and refined for the Continent at 11 -700. South
total receipts, the total since Sept.l. 1882, and the stocks to-night,
11'71@
sold
at
March
Western
for
contract
America ll-85c.;
and the same items for the corresponding periods of last year.
11-75C.; April ll-86@ll-87c.; May ll-94@ll-98c.; June 11-96®
J881 82.
1882-83.
Stock.
11-98C.; July ll-98@12c.. closing steady. Tallow was easy at
Receipts to
This
Since Sep.
Since
Sep.
This
Stearine dull at ll?4c. for prime. Butter and
Feb. 23.
1883
1882.
8J6@8J4^c.
Week.
1,1881,
Week.
1. 1882.
cheese have a fair trade at about steady figures.

result of a realizing

movement and

better weather reports

;

Rio coffee has been quiet on the spot at a decline to 8}^e. for
was firmer at 6)^@8%c., with a better
demand ; options have been less active at some decline, but
close at some recovery with sales of No. 7 at C 70c. for March,
690c. for April, 7-10o. for May, 720 for June, 7'30 for July and
7'55c. for October; mild grades have most of the time been
quiet, though Laguayra sold quite freely a few days ago, and
to-day there was more demand for Maracaibo. Rice has been
in good demand and firm. Molassses has been steady but quiet;
Cuba refining has sold at 30c. for 50 deg. test. Spices have been
quiet. Tea has been quiet but steady, foreign fruits have
been moderately active and steady. Raw sugar has been firmer
and to-day large sales of centrifugal were made; the Cuban
markets have been quite firm, and this fact, together with an
advance in refined, has given importers increased confidence ;

fair cargoes, but the close

Qalveston

633,511
188
15,327
37,145 1,300,581
8,055
283,146
344
13,917
15,570 699,517
15,659

.

Indlanola,&c.
New Orleans...
Mobile
Florida

Bavannab
Brunsw'k, Ac
Charleeton
Ft. Koyal, Ac.

Wilmington

11.080
4,329
2,78.')

M'hoad C, <&(

640

Norfolk
Wcat Polnt.&i

19,204
6.879
1,652
5,522
541
4,851

New York
Boston
Baltimore
PliUadelp'a.&c
Total

5,508
491,656
18,602
114,834
17,017
642,269
186,646
108,368
121.669
36,65
53,835

134.418 4,766,39:

4,378
369.386 82,629
69
13,011
18,341 1,058,863 340,816
3,408
228.320 44,776
215
25,239
6,942
653,623 86,012
6.821
5,580 443,351 75.078
756
21,541
3,955
123,277 12,190
1,064
199
21,801
8.914
512,837 77,428
1,823
108,085
130,77t 176,828
3,315
5,086 160,512
4,650
17,93(i 32,437
3
51,011 10,208
1,.T2
'

70,420

370,310
33,232
76,742
60,111
3,764
7,691

49,270
343,347
9,827
36,356
17,719

60,160 4,006.50*- 917,037 1,078,789

and 96 deg. test centrifugal at 7%@
In order that comparison may be made witti other years, we
7 ll-16c. Refined has advanced to 9Mc. for powdered, 9o. for give below the totals at leading ports tor six seasons.
granulated and 83^(S)3%c. for standard "A."
Receipts at—
1883.
1882.
1881.
1880.
1879.
1878.
There has been a fair business in Kentucky tobacco, and for
9alvest'n,&o.
15,817
17,001
4,447
9.812
13,954
7,082
Spanish account 877 hhds. of low grades were taken at a pri- New Orleans.
37,145
16,341
46.950
45.136
46,353
38.016

fair refining closed at 7c.,

vate price; further than this, 250 hhds. vf ere sold for home
account; prices rule firm at 53^@6V2C. for lugs and 7@10}^c.
for leaf. Seed leaf has had a moderate sale at well-sustained
figures; sales 490 cases 1881 crop Pennsylvania, private terms;
150 cases 1881 crop New England, 15@28c.; 300 cases 1880 crop
Pennsylvania, 6M@15c.; 112 cases 1881 crop Wisconsin Havana,
private terms; 500 cases lM81 crop Ohio, 5M@6e., and 100 cases
sundries, 3i^@18c.; also 450 bales Havana at 88e.@$l 15.

Naval stores have been quiet and while rosins have remained
Bteadyat |1 65(g$l 72>^ for ordinary to good strained, spirits
turpentine has declined to 52<a52)^e. Refined petroleum is
steady although the export demands are slow at the moment
110 test, 7%c.; 70 test. 8c.; crude certificates close irregular and
easy, with the speculation

much

Mobile

Wilm'gt'n, Ac
Norfolk, Ac.
All others

8,053
15,570
15,409
3,429
26,083
12,910

1,.S63

2,141

1,107

10,712
10,381

19.366
14,091

11,65.3

11,097

14,.'>87

7,967
11,362
7,131
3,460
6,905
12,423

Tot. this w'k.

134,448

60.100

138,339

102,993

110,017

94,319

Savannah
Charl'st'n,

Ac

Since Sent.

smaller, at 98%@99c., after sellI

;

;

6J^d.;

do. to Bristol

G%®7d. do. to Antwerp 4J^d. do. to Newcastle
6J^d.; do. to Amsterdam and Rotterdam 9c.: do. to Havre 12c.;
refined petioleum to Antwerp or Bremen 3a; grain
by steam
;

from Baltimore to Cork for orders (March)
from Philadelphia to Lisbon 13%e.

;

53.

3d

;

do.

by

sail

4.831

15.50-)

12,350
6,751

12,061

7,565
8,513
6,031
2,610
10 331

1766.393 4006..108 4535,165 1201.820 3830.561 3579.054
Galveston includes India lOla; Cnarle-stoii inoludos Port K)V;il. Ac.
Wilmington Includes Moreliead City, Ac: Norfolk includes City. Point. Ao
The export!) for the week ending this evening- reach a total
of 86,595 bale.s, of which 46,225 were to Great Britain, 15,038 to
France and 25,332 to the rest of the Continent, while the slocts
as made up this evening are now 947,037 bales.
Below are the
exports for the week and since Seotember 1. 1832.

Ingot copper is easy and quiet ; Lake sold
at I7%@18c. and Baltimore at 16@163^c. Oils were firm and
wool continues in demand at firmer prices. Hops remain very

and prices quite nominal.
Ocean freight room was active early in the week at good
rates; latteriy and at the close the feeling
is weaker, and bui^i
ness dull. Charter room is also a trifle lower. Grain
to-day to
Liverpool by steam 5Md.
cotton ll-64d.
flour 17s. Cd.@203.
bacon 30s.@328. 6d.; cheese 323. Pd.@35s.; grain to Hull
by
steam 63;i'd.; do. to London quoted 7d.; do. to Glasgow

10,.^>78

1.

ing at $l%@99Mc.

dull

3,103
6,942
6,336

Week Endiiin

Feb. 23.
Exprirted to—

Bxpnrtt
Oreat
Brifn.

from—
'Jalveaton
Sew Orleans..

Mobile

Continent.
1,3-1

S.tSl

18,410

8.911

5.210

2,852,

2.423

IVom

Sept. 1. 18S2. til Feb. 23, 18,-8.
Exporterl to—

Total

Oreat

XFeek.

Britain.

1,.S52

3>.0

Total.

Franu

S43.361

31,877
57 '.5 12 19S,293

1,675

17,19i

5,123

7,070

8S,li39

23.6',8

9 673

107.S94
45 778
308 67o

21, 7^5

103,801
25'},BflJ

879.131
1,031,701
22,915

19^.453
110,053

313.030
272.-27

Florldn

javannah
CharlesU,!,

*...

SVilmlngton..
>Jorfolk+.

Vew

.

3.140

8,3D3

7.070
4,235

3,83

3,8S7

.

Yorlr

9.318

12. '5J

Boston
3,!tlmore

3 0:»
3,579

3.9;U
0.07J

i'biladelp'a.&r

1,601

1.600

Total
Tnt.ll 1SSI.S2
*
^

16,8 i5

1,5.10

47,578

10,2 !9

318.90)1

23S
343

446,898
•102.8(10

111418

81.307

147.634

5Q,I95

1,688

61,883

316 669
103 517

101)

15 03J

2i.S3J

66.593 1,971,897 SOJ.S'JO

131

•6.871

7ft50V1.4'>''.22<l

(ncIudPH exports from Port Royal, &o.
Includes exports from We^t Point. &0

JlSoaS

837, i;p 3it37.?8S

MS'JM

2 241 374

U

Kkubuart

8

11

«

1

THE CHRONICLK

24, ie83.J

223

In addition to above eiporta, our teleitrams to-ni^bt al»o (rl?e
as the foUowintr amonnt.i of cotton on Hliipboanl. not nlHared. at
the portM named. Wt^ add Himilar flf^uruH fur New York, which
•re prepared for our Rpenial oae by Messrs. Carey, Yal* &
Lambert, (iO Heaver ijtreet.

I|
et

Ml fill jSj
^wS'- •'bS?

^-sf-

PI

On Shipboard, not cliartd—for
Leaving

AT—

FKB. S3,

Great

1

Britain.

\

iv„.,„

NowOrleaua....
Mobile

26.129
7,373
3,800
19,074
19.832
4.000
4,000

None.
None.
None.

90,680
87,.'S03

Savannah
ealvcnton
Horfolk

Hew York
Other porta
Total 1883.

roUllS82
ToUl 1881

97.731

576

49.901
1,200
8,730
12.000
15.714
2,100

Stock.

Total.

vit.

"''"'\Foreign

t'hariidton

(i.430

Ooatt-

Olhtr

!

1.3,)0

) 1

1,280
3,200

17,40,'>

22,

3..V,2

3y.2.-.j

830
700

2,390
None.
None.

24,H4H
4,850
4,700

231,278
33,576
57,673
03.912
43.377
53,08"
171.078
08.740

19,174

91,215

12.354

213,4^3

733,614

7,907
29.940

71,614

5.717
17,542

172,743

906,040
640.833

12,962
2.200

None.
3,l(i0

912

89.5(18

,200
1

00

MM

t>9,88g

The downward tendency of

21!},108

=9

prices for cotton for future

noted at the close of our last report, continued
throughout Saturday and Monday. There was nothing to
support values. The receipts at the ports remained large, there
was letter weather for field work at the South, the floods in the
great tributaries to the Mississippi River had began to abate,
and foreign advicas were not encouraging. But on Tuesday
the approacli of a close holiday, together with the considerable
decline that had taken place from tlie highest figtire of the
previous week, prompted a demand to cover contracts upon
whicli there was a slight advance. But on Wednesday leading operators for the rise were reported to be selling to close
up accounts and offerings were materially increased, under
wnich the improvement of- Tuesday was more than lost. Yesterday was a holiday and our Cotton Excliange 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 Monday. To-day the market was dull. Middling uplands closing
at 10 3-16c.
The total sales for forward delivery for the week are 375,800
Mies. For immediate delivery the total sales foot up this week
2,243 bales, including
for export, 1,615 for consumption,
in transit. Of the above, 600 balt-s
6S8 for speculation and
were to arrive.
The following are the official quotations for
each day of the past week.

M"

delivery,

—

Feb. 17 to
Feb. 23.

UPLANDS.
Sat. Idon Toes

Ordln'/.yD

7»i(>

7»a

Strict Ord..

a

7iiifi

Qood Ord..

8"l6

8%

7^
7l''i«
H\

9!«,«
G-d Ord O"*
93,6
Low Midd'g 9%
9it,fl
y"i(i
10
Btr.L'w sua 10" i« 10
lUddUnK... IOI4 lO'is 103i,
Good Mid.. 109,6 10 >i lOia
Btr.G'dMld loiSia lii\ 10 id
BUdd'g Fair its.i
Fair
1?!,. 12
12

Btr.

im im

Wed
Crdln>.«I)
81 riot Ord..

Good

Ord..

rb. Frl.

1^
'"18
n\

7>a
71S18

8%

Btr.G'dOrd
Low Midd'g 91118
Btr.L'wMid 10
Middling... !<'»!«
Good Mid.. 101a
Btr.G'dMld 103t
Midd'g Fair 1 1
Fi.tr
12

tn
0?

9'l8

86,8

713,«
81*

9ifi

«'n

7'ft

9«18
101,8
10i|8
lOlj
10i3ie
llll«

9

10%

11

11

)>,

3
n

lb

713,,
8I4
»lt8
91a

10

10

lOH

10>4

107,8

10',

10%

10%

llifl

im

1214

1214

913

t..

&
ta

719

97,8

97,8

5
2

—

'^

w.-

o

00

5

SPOT MARKET
CLOSED.

Export.

Oon-

Bat.. Dull and easier
Hon. Quiet at 1,8 dec.
Tuee. Quiet
.

Wed.

Dull

Thora
Frl..
Total

The

..
iJiiii.'.'.'.'.'.'.'.'.'.'.'.'.'

....\

Spec- IVanTotal.

sump. uVfn

250
427
293
303

50O

HoU

day..

310

100

l.eisl

SaUi.

Detiv
erieM.

300
300
300
300

730 47,100
427 110,600
293 51.500

"28

628

PCTUKES.

331

00,800

"iVo •72.806
....

2,243 375 800

daily d»Uveri«8 (Avea at>ove are aotuaily delivered tbe
tIou4 to tliat nil wMicD they are reported.

"

400

1.800

day pre-

Thb Sales arb Prices of Fdtdbes are shown by the following ccmpreheusive table. In this statement will be found the
daily market, the prices of sales for each month each day, ^nd
the dosing bids, in addition to the daily and total wlea.

to

MM ^
99
5
00^ 2
00'
00 -.J

I

^

«a>:

MMfflM
OOoO

i

§j

toiiOio
C"QB

'

gl

M >. — M h. — — >.
o 5 00 5 CO ^
w 2 ^^
2 WW 9
WIO^'' -)<! —
W
''

"^

I

*'*•

2
t«*io^
I

ttoo:

I

I

«>o:

wccOcb
^-1 O*

cowoco

00

00 ^ 00

V*.

tar-

1

5

**

it.a>

cccdOoo
ootc

i^.

99

&]4^Cco
(/

to

10

2

»«:

1

e.-i:

I

».'-

OOoO OOoO OOcO COCO
O
CJ'

iP.

2
CtOlo^
oit<'
I

t0»O

CO

CO
cm

2

«!»:

I

aaOct

•ciOitL

C-OI

tJ-

0:0

C>3>

2

2

»m:

I

CO
5^

2

ffiO

00

MM ^
99
?
»'-!
2

"

«u:
M(oM

doi:
Id*:
19
oogc 00 toi oc OOO09 MMOM
i

*jo*ri

ob*jo*.i

it.,

00

^

oto

S

CO
OOOO

£

.

tcoo

dw:

2

do<;

.

OCQO

>•

<
2

c»co:

MMmM
9909 9p9
-cOob tcoOob
coOqd
^ MM
00
CO
?
^
I

»-!:

MMojM
OOoO
CR -I o <a

CJC

,-M > MM
^ 00
99 ? 00
~i^
*o*j
2 *^-^

o OOoO

I

I

OM O
MM >
99 5£
<O0C
I

I

I

I

•

i»cd:

9o9
qOo

9,

-4*.
I

d

Ow

o

MM
99
KIM

,^
5^

2

M MCCM

COOO

.CtO«M
OiOJ

00
1J.0
cuts
1

to

5

2
1

»r*i_

OOoO
^^Oil

log

o

030*

«
^,.d^M
M « ^M MId:;
>o ooc9 o.cQo ^il
9,:
CM
I

to

9, 5M

:

I

:

I

,

*4

00
t0»5
00

5
2
''

».to

to

O

Mta

2

to 10

MM
©o ^
5 00

d
MM<1M
:

1

I

d

np

O

I

I

MM ^
00
5
tote

l§

:

1

2

d.M:

WOOOO OOOO coco 00?2'
toto^to

MO"

to

99
^
^1^ 2
"
00
»m:

toioOti
CDOO

C^M

Ci

O
''

S
00
Mf-.
MO

!»

A
**

00
^.^toto

d.-:
d.-:
d
OOOO ^^to-*
OOOO
OOoO MMKM
OOOO mmOJM
mmO.1
MmOm mmO,-, MmOm
M CAC^ CO
K.i^
1

I

I

li

g

I

12I2

I:

:

I

II

l«l
1

I

<

1

I

I

I

d:

1

li

I

I:

I

I

I

I

I"-

1
1

SALKS OP SPOT ANO TRANSIT.

tt

.

05

&«:

97,8

97i,

MABKET AND SALES.
The total sales and future deliveries each day daring the
week are indicated ia the followia? statement. For the conrenience of the. reader we also add a column which shows at a
glance how the market closed on same days.

I

2

I

or

<^

«&»:

iiro=

I

Frl.

8»fl

i

COoO

o

^le

ta

•»:
— M
COcO M
OCoO
OOtO

I

61 o>:

liCO

im
1214

day.

Kfli
i;

ecoco

I

10%

7i«
7i5ie

»«:
MMSIM
00(^0

1^

10

Holi-

»]

i^toCM

totcCci

QOOD

"713,8
8>4
9l,«
91a

7ie

718

858

1

-MO.i

OOoO

OCoO

Frl.

I014
107,8

Taw:
•
M MMnoM
MM|

:

=9
9?
MM *< Cite
(C^JM**

»o:

-mJoM

=5

8
>«

ai*.'
MCM OOoO
^^'ai>^ M— 1.M
^>~'o':^
cSo
COcO
OOoO

1

«=5

CO
MM
oa

'^

;ooo CC90

S2
r.nM

5
2

t-p-

11

11

cr>

00

10

mou Taec Wed Xh.

811,6

MOdllnic

713,,
8I4
91,8
91a

11

73ia
8

-.

01 o»

91,8
91a

Wed Tb.

Frl.

.-to

1

im

lllfl
;

10

O .^

MK>

IOI4
107,8 107,8
101a
1013,8 10%
10<
11
lUis 11
11»,8 Ilia
1201, 12i«
r-'H

11

Sat.

Go<d Ordinary
otGood Ordinary...
.".
lAWMiddliuK

10=1,

12Vi

STAINED.
Btr

10*8 I014

1214

10%

10^

im
12

10ii8

(C ri

00

fiv

9I18
91a

9»„

IOI4
101,8

12^

ooSo

-roe.

Sk

fc&18
9ifl

2

«*-:

oto

71=18 "71378

7''«

10

Wed Tb.
713,„
8I4
9:,8
9i«

non.

Sat.

IOI4
107,8

125,„

I

TEXAS.

10

ll»a

1014
107,8

103,,
lOi,

91a

713,8
814
91<8
91*

n»i« Ilia

9»16 10
10

u

NEW ORLEANS.
Sat. non Toe*

<

"^

«

I

oceo

90
MM
Cm

*

»I0

I

0:

I

I:

4

1

I

I

3

Id
I

Id:

I:

I

I

• Includes galea in September. 1882, for September. 50O.20<> ; September-October for Ootol)er, 8 15.b00 September-November for November.
731.000; Septcmljer-December for December, 1,097,400; SeptemberJanuary for January, 2,070,200.
;

Transferable Orders—Saturday. 10-20c.

;

Monday. lOlSo.: Tae«<Uif.

10-20C.: Wediifsday. 10-l,3o ; Thursday, lOlSo.; Friday, 10-iOo.
Sliort Notic<» for February— -Monday, lOllalOOtic.

f^^ Wo bave

included in the above table, and ahall eontlnne eaoh
to give, the average price of futureo eauli nay for eaoh montlt. It
under
found
each day foliowini; the abbreviatioa " Aver." The
will
average for eai>h mouth for the week is also giveu at bottom of table.

week

l>e

The following exchanges have been made daring the week.
14 pd. to exch. 100 Apr. for May.
•49 pd. to exch. 300 Feb. for June.
•11 pd. to cxch. 100 July for Auir.
•67 pd. to oxcli. Sm) Miir. for Aug.
50 pd. to exch. MM) Feb. f.ir June.
•27 pd. to cxch. 200 Mar. for -May.
•42 pd. to cxob. •.fOO Mar. tor Juno.
13 pd. to cxoh. 3.000 Mar. for Apr.
•50 pd. to exch. 200 Mar. tor July.

55 pd. teexch. 1.500 Mar. for July.
13 pd. to cxch. 100 Miir. for April.
13 pd. to cxch. 100 May for June.
rs pd. to cxch. 300 Mif-. for May.
13 pel. to exch. 2.000 .M ir. for Apr.
pd. to cxch. 20<» *pr. for «nc.
•42 ml. to exch. 20O Apr. for July.
73 pd. to exch. .300 .""Iot. for Aug.
-.33

67 pd. to exch. 400 Mar. for Aof.

.

THE

224

CHllO>flCLE.

—

At the Interior Towns the movement that is the receipr
for the week and since Sept. 1, the shipments for fJie week, and
the stocks to-night, and the same items for thr corresponding
period of 1881-82— is set out in detail in the foUowiag statement:
O ^

^O

»

!0

H

an increase of 262,494 bales as compared with the corresponding date of 1881 and an increase of 539,898 bales as compared with 1880.
QnoTATioNS poa MioDLixa Cottojt at Ormsa Market,? —la

o

CL03IXQ QUOTATIONS FOR MIDDLISO COTTON

Week ending
Feb. 23.

ol!^

Galveston

M

<1

**

M

Tc'ifi

<I

M to b3

CC OO

W #•

"I-'ts'tC

rf^

Ci

^

:Jt

c o *i to be

00

Now

Orleans.
Mobile

M MW

_^

Savonuah

»t-

loO't^CMO^lO — tctoxworf^oo-^ito

Cliiuio^ton...

c;o^o:oaMM^o^^»-*Wltow-Jt^-w**aaJ

(t.

tf

,

rf;.

-^

M

tow

H to W M M

N.;rfolk

M

1;^

Wihuinston..

!-•

Bcstou
Baltimore

CJiOirf^-'OtOtOACOCCClOCOCCI-'CDK.U'CO'

ttk

C W O *)

>*-

(^

o: 01 Ci

crj

c w yi

tf.

^2 io

Cf.

O to

Meinpliia..

O O

fcO

o

(f-

i^i^

wo-i»o

?'"'."*

5"!^
o'to <i

r*,*^
i; <i HJ* " O"-" 3; Cl 'V CC

to to c:

o to X c;

toy

O -1

Cr.

Cl

to

--I

'J.'

w m :c c o

0'

if<

OJ

o

tOCMMUtM*-COaCQO

^p wcDppofto

wlii'^'btT.bto

cc

"ti-

OXoo
o

O

l^i-

to

'i-

"it-

1

OC/i^ioCO.t'0<-JOii'OiCitDtOCOW<l

(-'O'tUCCCCl-'CDO
r-'GooWfUh-a;tot-'C!too-.i(j;)t->oourf-a'

to

CI -J *> to

c C5 jt

lOCO

-•

i<-

1-

Gc

tf*-

M o o< -^ c: t^ C X w

M

M

CO

-no 10 ^ ^- CO ti- ic to c;' <-< ro I&. o *i tc :n aD oi

^ r CO v'if».p iTpcj'p to >(*ppp — <);^p
wb'f-'IfcaDb*^QoV.tf*-Vo"rf-»-'riV'w'^
be
-1 A.M
— c;"-o:Qo:J'Oti'mi«*i-^]*0"-Mto

C
OU
O M
O

CO
to CJ'
--I
i»
QD >-' CO
^l
i» tC I— CO
(ft. 00

tiJ

O-i

C CD to C O

(y

C?*

GC to -1
If*

O

(f*

C

bw

—m
OO^OO

O

10

9%
931

10

913i3
95i

1038
IOI3
lOij
933
93^

93t

9>!i

!;3i

9%
103a

1038
1018

934
1038
IOI3
lOia
93a
9=3
9=8
9T8

lOifl

1012
938
9-\
93i
9's
9 '8

9^8

lOtfj

933
9=8

,

9%

934
it's

9=8

if""

10

•

10
9=8
93t
1033
ID'S
lOlQ
933
95a
9=8

9%

9%

9 '8

w-QDMMlO

<-*

10

— ^ia';JOX;-J;-l

cib-JGoV.'clo'huV]— Tc

c-;iDCJ>'"-c:cfi'ffl)b

I

Tolal Great Britain stock

18M3.
900.000
79,300
1

,039.300
4,200

.'

.

Total continental stocks...

1881.

IPSO.

713,000
46,000

511,000
20,655

793.500

759,000
5,000
28,800
31,900
1.080

540.655
3,500
15.210
2S,3J0
1,002

881

420

129.000
4,580
29.300
3,000
3,910

48.500

412

SOO
153.000

1.400
158.000
3,670
39,000
4,500
4.330

3.400
46,000
8,200
4 100

BtockntGcnoa
Stock at Trieste

1882.

742,000
51.500
2.600
39.100
18,200

38.000
21,000
1.500

Stock at Amsterilau
Stock at Itotterdain
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona

280,200

1.182
23.747
1,500

846

271,212

237,454

129,207

.-..?°**?J^"'P**°'t°<'^S.. ..1,319.500 1,064.712
laOJaooiton afloat for Europe. 148,000
246.000

99^.454
118.000
578.000
34.000
864,041
284.155
16,000

669.862
118,763
510.728
46.335
965.4S6
316,972
16,000

TSl'I'lP''".';''.''"*"'"oi'E'"'Pe
T'f^'"H''"''''*''""E'r'pe
?"'."'* P""' }l i^^

SESSt
'"'*'''<"' """"»•
linu$,iBPv^United
8t»te8 exports
to-day..

Total visible supply
«rti« , '" .K '°PP''^

429.000
333.000
46.000
51.000
947,037 1,078.789
292,907
327.630
1 600
14 500

3.184.044 3.135.031 2,921 550 2 611 116
and otUer aesorlpt.ons'ate aS roifo^^l
:

''"*^* of American

'?*",*
oLmEl
r
Oontlnental stocks

nS?SCR,'„''t"'"'l'''r^"<'P«-Vnlted Blates stock
United States interior stock^
United States exports to-day..

C96.000
182 000
''-9000
947 037

526.000
173 000
3.53:S6o
1

07;)

two

292907

327630

1,600

14,500

556,000
185,000
578,000
861.911
284.153
1 0,000

332.000
128,0(10

510.728
965,486
316.972
16,000

"''=""
2.548,514 2,477,919 2,484,096 2r3Urii^
•"i^'.'^f
Eatt Indian.Brazil, itc.—
IJverpool stock
264 000 216.000
157,000
12S.0O0
lonrton stock
-o'son
51.500
46,000
29.055
Continental stocks ...."."J.'.'.'.'."
iis.'ioo
9.1,212
52.454
1,207
India afloat for Europe'.".'."" 14-? '000

«gypt, Brazil, Ac, afloat.

.."

18..

"

22.

"

And con-iequently all the European figures are brought d(3wn
to Thursday evening. But to make the totals the complete
Iteures for to-night (Feb. 23), we add the item of exports from
the United States, including in it the exports of Friday only.

BtookatHamDorK
took at Bremen

M

•'

JMid telegraph, is a.s follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week's returns,

bale*.

»43,i37 238,844 247,01- 803,003] 4:9.599 21' 1.376 258,433 231.317 262.693
238.4(10 2n.57« 262.015 336 8.'i2' 44'.53(i!'209.52^ 272,319 271.S13'270,187
837,930 206.855] 253.17(j 353.4S7J 457.024 333,'J»3 254.635 218,343|293.e85
198,430 200,624 23I.r23 333.025 486.1.'6']3;9.8B5 203,973' 210.188 2M,7c5
110.735 151.43J 224,0J7 337.8 14 4-S.0i9! 383.647 85.374 139,502 2S8.78J
129,604 11 4. SOS i73,8j2 30l<,55.' 435,050!]380.24S 101.400 06,559 171,983

Jan.

estimated

,

3

"

it-COOC. *-:C|f»Ot0'-l^Or-KH-t0^C5'X
Cieoa:Oic:i-'--

^ at^ Liverpool
^,
stock
B«ook at London

BecHpta at the Porta. SVk atlnterior Towns. Rec'pts from Planfnt
-'81.|'31-'62.|M2-'t3. '30-'3l. '81-'c2. '82-',^3

show that the old interior stocks havR deereased during the week 2,094 balfs, 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
kiet year, and since September 1 the receipts at all the towns
*re 501,448 bales 7nore than for the same time in 1881-2.
The Visible Supply oj Cotton to-night, as made up by cable

Amer^Z-^^

934

93i
93a
93,

Fri.

pin
9Tl
958

Wetk

Dec

W

totals

„

9%
93.1
9%

. .

woo

cDCDO'**c»w***-Cc£OtO"

00

* This yi ar'8 llgures

C

O»*».Mt0t.'»-5l0^-*

pC.1

coo-^wrf>>co
u OLIO or 100

a

CD CO CMt».
to Oi
t- tc lO CJi cc
*-» ato J- CD C;i CO Oi
to C: |£i. iJ to
cr C5
CO Ot
CO to
OJ

Cl

•*J

The above

10

OS—

i.'

rf;.

C0r--4ti'0'a-0

"bicci-oo—

10

Thnrs.

OC0OO--JC* — lt»>*-*JJ'COtOtOi*iC;iO>CJ'tD

COMCOMWOTt*.

C

10

Wcdnes.

—

GOW-lOOOltOMlOCCGD

HtOfcOW-

Tites.

Receipts from the Plantations. The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they, are made up more largely one year
than another at the expense of the interior stocks. We reach
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiriea we will add
that these figures, of course, do not include overland receipts or
consumption;
Southern
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.
EECEIPTS FROM PLANTATIONS.

'U '^ w CO
M bi cc a M 6d ^ '- 1- OD
00
10 C 01 w' 'O C 0« CO to '^ C; - *> -^ W (D lO lO
—

OSCHOO'-I-^!C

O C *^

Mf>n.

CCCACbOO"C--*'|l^-lWCl-l^)WlOOD*-tOW

tOMCOpiKtO
O" CC CO
I*- *J -- cs -^ to

Salur.

9:11

Cincinnati
Louisville

«3

-.

Louis

St.
rf^

..

Au^'iista

C.WCQDWO'4C0H'lfi'-Jrf»'*J*-«C**O-NlC;'

M M
H*
CO
K
V(^ toto 0;O ^1 CO
M
10 Cc
*> *CC
(0

.

Pbiladelphia.

u'bb'xVix'bi":rat(bb'-'bcbbHbb

^ 00 tC to

W W O M I- *1 -J

B^I "

XXXTI.

the table below w-j give tie cloiinsr quotatio.n of middling
cotton at Southern aud other priacipil cjttoa markets for eacn
day of the past week.

©

B

CO

IVoL.

leiooo

246,000
51,000

148,000
34.000

113,763
46.335

89
5
It

....

19. ...

"

SW

Feb.
"
M

..

...

..

2. ...

9
16
23

13S,8T8
I25.o:0
147,130
133,723

146.5c9
131,359

»9,1»D 15D.3dO 309.2H2| 4ig,043| 3S7,1'67
S<2,03l IJG.IOO 300.321 400,886^ 3.30,749
95,(157 17!, 316 317,366 390.0i!) 317,!;23
81.77fl l?5,SflS 313.837 a80..^33 313.584
72,C;31 M8,'30 312.55> 372,451 3.'6,7H0
60,190 134,448 3X7,538 362 4S0 321,424

—

The above statement shows

1.

That the

aO-'81.|'8I-'c(2 'i«-VS.

138.:9i
158.674
lS9,d0f

S»,1.8a| 133,109
74.034 119.162
84.000 'l 68,090
77,283'ie!,920

145,553

03.937] 1S6.S42

113,397

50,1381 9 0T6

123.139

total receipts

from the

plantations since September 1, 1882, were 5,071,332 bales; in
18:11-83 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 134,443 bales, the actual movement from plantations was
only 129,076 bales, the balance being taken from the stocks at
the interior towns.
Last year the receipts from the plantations for the same week were 50,135 bales and for X881 they
were 143,397 bales.

Amotht of Cottos in siqht FEBSCTARr 23 —In the table below
we give the receipts from pLantatious in another form, and
add to them the net overland movement to February 1, and
also the taking'4 by Southern spinners to the same date, so as to
give substantially the

amount

of cotton

1982-33.

now

Rciceipts at tbo ports to Feb. 23 1,706,333 1,006
Interior stocks on Feb. 23 iu

excess of September

301,939

1

in sight.

1831-32.

1380-81.

1879-80.

503 4,535,165 4,201,320

317,005

273,730

326,024

Tot. receipts from plantat'ns 5,071.332 4,323.513 4,313,915 1,.V27,814
>rot overland to Fehruarv 1...
472.320 337,278 374,!llil 400,534
Soutberu cousuuipt'u to Feb. 1
123,0j;i
1 60,031.
IIO.OOJ
100,000

Total In
It will

siglit

February 23

be seen by

tlie

..

5,703.052 4.785.791 i,;03,831 .J,02S,378

above that tbo morja?« In amou.it

in sleh *

witblast year, is 917.361 bale.«, at comnared with
404,818 bales and with 18 79-30, 075,271 bales.

t'?.'','i''H',''^'"""''*™'l

1830-81

is

Weather Reports by Telegraph. —The weather during the

wee k has been wet and cold in Texas, and is still somewhat
of a liindrance to any crop operations tliere, but elsewhere it
lias in gener.ii been fairly favorable.
The Mississippi River
continues to rise, and at Mempliis is now tliirteen inches above
the danger line.
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 tliermometer has averaged
53, ranging from 33 to 74.
Indianola, Texas.— We have had showers on four days of
the week the rainfall reaching fifty-five hundredths of an
inch.
Wo had killing frost and ico on two nights of the week.

Average thermometer

53,

highest 76 and lowest

29.

Dallas, Texas.— It has been showery on two days of the
week, the rainfall reaching thirty-five liundredths of. an inch.
*°
~63.5:500
657.712
437.454
324 900 The told weather
tSJS American
At.'^i"^'"'
lota.
hinders work, but some crop preparations
2,.548.54t 2,477,919 2,434 096 2,310,136
are
progress. Considerable cotton remains unpicked and
^<^^j£^Vl^f/,^r.v:'--^Y4t '-'^^^ ^--ki^ ^•«s[j:j« will probably never be picked. Tho thermometer has ranged
from 10 to 79, averaging 43.
'"'^ Continenul ports this week have
been
Brenham, Texa-i.-We have liad hard rain on four days of
batr^"'*^
the week, tlie rainfall reaching one inch and twenty-one hunincrease
in the cotton in sight dredths.
The roads are in bad condition and very little work
toi^'night^/'js
«>-mgiit
of 48,413
4i'/lJi°'^''''*^
bales as compared
.

m

S4%

"

with the same date of 18S2,

doing.

Average thermometer

53,

highest 79, lowest 27.

.

.

Fbdiiuart

THE CHRONICLE.

24, 1863,]

Palestine, Texas.'-lt has riiincAUtLTd on four days of the

one

twonty-four hunThero is not much doing, and very littlo prospect of
d»"edtliB.
eyer picking the remnant of cotton in the fields. The thermometer liaa avuragod 48, tlie highest boing 73 and iliu lowest
wet'k, the niinfall roachiiiK

28.

incli niul

—Wo have had hard rain

on four days
ono inch and twetity-flve
hundredths. We need dry weather very much. The thermometer has ranged from 25 to Cj, averaging 43.
Weatherford, Texas. It has rained on two days of the
week, the rainfall reaching thirty-live hundredths of an inch.
We had killing frost and ioa on three nights during the week.
Everything is hindered by the bad roads and cold wo.ither.
The thermouiotor has avoragod 47, the highest being 71) and
IfuiitsDille,

Texas.

of tlie week, the rainfall reaching

—

the lowest 18,
have had no rain during the week, but
Bellun, Texas.
unseasonably cold weather. Some plowing is progres.sing, but
very little i)ickino; is being done. The thermometer has
ranged from 21 to 77, averaging 49,
Luting, 'Texas. We have had fhowers on two d.ays of the
week, the rainfall reaching ten hundredths of an inch. The
ground is ratlier wet to plow, but some is being done. Average thermometer 47, highest 60, lowest 28,
Hew Orleans, Louisiwia.— It \ms ruined on three days of
the week, tlie rainfall reaching ninety hundredths of an incli.

—We
—

The thermometer

lias averaged 57.
Shreceport, Louisiana. Tlie weather waa clear from the
inclusive,
but the remainder of the week has
the
20th
18th to
been cloudy, with rain and sleet. The rainfall reached two
inches and forty-seven liuadredths. The thermometer has

—

ranged from 25 to 77.
\icksburg, Mississippi. It has rained on one day of the
week. We liad 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.
Little Rock, Arkansas. The weather has been clear on
three days, and the remainder of the week has been cloudy.
Tlio rainfall reached one inch and fifty hundredths.
Average

—

225

ISDik Corroif MovBXBirr from all Fokts.— We bar« darlof
th« past y«ar b^en endeavoring to rearrange our India MMrrica
ho an to make oar reporta more detailed and at thn Nam*) tlm*
more accurate. Hitherto wa have foaod it impossible to keep
out of our Hgures, as cabled to us for the ports oth«r than
Hombay, cargoes whinb proved only to be shipm^^ntM from oaa
India port to another. The plan we have now adopted, ati w*
have reason to belinv8, will reliHve us from the danger of this
Inaceurary and keep the totals correct.
We flrn give tk»
Bombay statemeDt for the week and year, bringing the Ogore*

down

February 22,
BoMBxr REOBirrs Asn sniPVE^in >™» 'OOR rtxnn
SMpmenti lhi$ week. Shipmenle oxnee Jan. 1
Reeelpu,
to

roar Oreal ContiDrU'n. nent-

Great
Britain

Total.

Thll
Week.

ConllTotal.

tient.

1S83 11,' 00
1082 22,000

Jan.!.

332.000
344.00*
204.000
1S0,00«

106.000 66,000
229,000 .'se.ooo
lOa.OOO 35.000
114,000 38,00u

14,000 06,000 100,000
32,000 135,000 74.000
1381
5,000 5,000 40,000 6!»,000
1880 13,000 14,(100 27,000 47,000 67,000

According to the foregoing, Bombay appears to show as
increase compared vrith last year in the week's receipts of 7,000
bales, and a decrease in shipments of 8,000 bales, and the
shipments since January 1 show a decrease of 63,000 bales
The movement at Calcutta, Madras and other India ports for the
last reported week and since the 1st of Jannanr, for two years,
has been as follows. " Other ports" cover Cfeylon, Taucoria
Knrrachee and Coconada.
Shipments tinee January

Shipments for the week.
Oreal

Continent.

Britain.

Calcutta—
1883
1882
Madrns —
18SJ
1882

2.OO0
3,500

Oreal
Britain.

Total.

Continent.

1.

Total.

1.000
2,500

3.000
6,000

38.000
46,500

8,000
18,700

46.0au
65,200

800

800
900

4.000
3,500

800
2,000

4.309
5,500

600

4,000
8,100

2,000
4,300

12,400

"o'oo

All otlicrs—

1883
1882

(!00

-6.000

thennometer 41, highest 68 and lowest 17. We had cl mdy Total nllweather all of last week, with rain on four days, the rainfall
10,800
56,800
46,000
1883
2.000
2,400
4.400
25.000
S3,i00
2,5:
ti.OJO
58,100
1882
4,400
reaching ono inch and seventy-seven hundredths. The thermometer ranged from 35 to 70, and averaged 50.
movement
from
show
that
the
above
totals
week
The
for
the
Memphis. Tennessee. It lias rained on three days of the
week, on one of which we also had sleet and snow. The rain- the ports other than Bombay is 2,500 bales less than same
therefore, the total shipfall reached ono inch and twenty-eight hundredths.
Tlie week la.st year. For the whole of India,
weatiier at present is cloudy and threatening rain. Tlie river ments since .January 1, 1883, and for the corresponding periods
of the two orevious years, are a-s follows:
is no%v thirteen inches above the danger line, and is still
EXrOKTS TO EDUOPB FKOSI At.t, lltDlX.
rising.
The thermometer has ranged from 22 to 79, averaging

—

43.

—We

Inve had rain on four days of
Nashoills, Tennessee.
the week, the rainfall reaching two inches and two" hundredths. Tlie thermometer has averaged 45, the highest being
77 and the lowest 22.
Mobile, Alabama. It has rained severely on one day and
has been showery on one day of the week, the rainfall reaching one inch and twelve hundredths. To-day is rainj'. The
thermometer has averaged 55. ranging from 37 to 78.
Montgomery, Alabama. We have had rain on three days
of the week and the remainder of the week lias been pleasant.
Tlie rainfall readied one inch and sixteen hundredths.
It is raining to-day.
The thermometer has ranged from 33 to
81, averaging 55.
Selma, Alibaina. It has rained on two days of the week
and the remainder of the week has been pleasant. Tlie rainfall reached one inch and sixty-five hundredths.
Average
thermometer 65, highest 77 and lowest 34.
Madisjn, Florida. Telegram not received.
Macon, Georgia. The weather has been warm and dry during the week. It is now raining. Tiie thermometer has
ranged from 34 to 76, averaging 56.
Columbus, Georgia. Wo have had rain on one d.ay of the
week, the rainfall reaching seventy hundredths of an inch.
The thermometer has averaged 58, ranging from 41 to 74.
Savannah, Georgia. It has rained on two days of the
week, and tlie remainder of the week has been pleasant.
The rainfall readied forty lumdredths of an inch. The thermometer has ranged from 39 to 80, averaging 59.
Augusta, Georgia.— Vfe have had light rain on ono day,
and the remainder of the week has been pleasant. Average
tUermometer 57, highest 82 and lowest 35.
Atlanta, Georgia. Telegram not received,
Charleston, South Carolina.— We have had rain on one
day of the week, the rainfall reaching seven hundredths of an
inch. The thermometer has averaged
57,. ranging
=
b t. from 39

—

—

—

—

—

all Euroi^e

fi-om—

Bombay
All other p'rts

Total

—

to 78.

The fo'.lowiagf 3t.<vtement we h^Te also received by telegraph
showing the height of the rivers at the points named at 3 o'clock
February 22, 1883, and February 33, 1883.

Jan.

14,000
4.400
18.400

Wew Odeans
Sjeiriiliis

Bolow higli-wator mark
Above liiw-WHr«r m:irk.
....Vliove low-\va:er mark
Above low-water mark.

FceL

4
34
27
18

huh.
1

Feet.
1

Inch
11

.

Sinee
Jan. 1.

This
week.

Jan.

166.000
56,800

22,000
6,>)00

229,000
83,100

5.000
13,000

109,000
98,5>»

£22,800

23,900

312,100

18,000

207 500

1.

Sinee
1.

—

Alexatuiria, Etiupt,

1882-93.

Fe ^raarij 22

188C-81.

1881-S2.

Receipts (oanlars*)—
Tills

week

40.000
2.121,000

SlnuB Bopt. 1

This
Since
week. Sept. 1.

60.000
2,190,000

4.5.000

2.617.000
Thit
Sinee
week. Sept. 1.

Thil
Since
week. Sept. 1.

Bxporta (Dalee)—
13.000 199.00J
1,500 201.500
2.000 61,000 12,180 136.838;

To Contiuent
Totiil
•

Europe

A oantnr la 98

8,000 173,000
8.5G1 81,433

15.000 260.00o' 13,630 338.333' 10.361 251,138
lbs.

This statement shows that the receipts for the week ending
Feb. 23 were 40,030 cantars and the saipmenta to all Earop«
were 15,000 bales.

Maschrstkr Markst.

—Our

report received from Manchester
is dull and deprtjssed at slight!/
lower price.'*. W« give the prices of to-day below, and leave
previous weeks' prices for comparison.
to-ni;<ht states that the

market

1882-33.

Feb. 23, '82.

34
11
N;whville...
10
2
31
.ShreVf jiort.,
A
n
31
Vk±s\,iirit...
..-.Alwve low-w:itnr murk.
40
5
44
New Orleans r^iported below UijjU-water marJc of 1871 until
Sept. 9. 1874, whea the zero of gauge w.vi changed to hi.'^h-water
mark of April 15 and 16, 1374, which is «-lOths of a foot above
1871, or 16 feet above low- water mark at that point.
3

1881.

Thit
week.

ALBX.tSDRii Receipts and Shipments. Through arrangemenls
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the coiraspondiag week
of the previouR two years.

Tvii$t.

d.

Doc.22 S'a
••

d.

«

nifi

20 8ia,g-97„

Jan. 5

8%

'»

If.

d.

s.

8 l>s5»7
l^-al

0%tt

1

®7

f»7
» 9>4 6
»?
9 9V»6
8^ » 9!^ 6 1» 7
Feb. 2 35l » li»86
©7
" 9 8\ 9 9°s6
«7
" 16 XH » 9W5 U »7
"
'•

I'J 'iBg

" 19 ^Oa

2T sno

i^

1881-32.

8I4 lb:
Shininrji.

32f Oop.
Feb. 22, '83

Sinee

Thit
week.

This last statement affords a very interesting comparison of t^
total movement for the three years at all India ports.

—

—

1882.

1883.

BHoments
to

orij.'Siii

*r

d

7^
7i<i

7
6
4'a

«
6
4«o
:i

OotCii

Hit
d
M-^lfi

sn,
.'•"m
S'>l«

5»B
s-^
5'"is
r." 5

5^

rn.

Cotirn

32» Oop.

9\lhi.

Iwitt.

Shirlinge.

Vplly

d.

Uitt.

Upida

d.

R.

d.

9318 310
939910

6
6

6 «3

6>1,(

fl

6"l«

d.

U%*10
9^ aio

6

a.

»3
6 «8
6 OS

0>«ato 6 7i«9S
7J««8
ti>4 »10
n^ aio d 6 VS
9^ 910 d G •S
9»9 » OT, 6 S «7

V, »

-i',

R

n

•»•:

d.

8*1

U

611 1,

e\

e>t

C

6<>a

lO". «'i«
toi.' r.7„

.
.

IHE

226
1883.-It

IKDIA CoTTOH Supply is

i;ilRONICLEw

with great gratifica-

is

our
able to call attention to the accuracy of
readers
Our
movement.
cotton
India
the
weekly report of
service, and
the difficulty we have had in perfecting this

tion that

we are

know

week we have received mail returns for all the ports during
agreement with our report, as to
1882, which show such a close
attained what neither
encourage ns to believe that we have
perfect weekly record
a
Europe nor America has before sec-ired,
report
for the year we pubOur
India's cotton shipmonto.
lished iu the Cheonicle of

that

may

it

compared

be

report, which

January

6,

with

was not published

and has only been received here

Wallace

Messrs.

&

"

A....

8.

"

5....

Co.'s

"

6....

"
"

7....

"

9....

35,832
26,666
18,808
23,038
40,517
18,730

Bombay until January 19
week. The following was

in

this

6.

34.

Exports to-

Exported from

Continent

Gt. Britain.

8....

"10...

the Cheonicle's annual statement given, as stated, January

page

Tot.Jn.31 4,267,300 3,741,549
12.592
21,924
Feb. 1....
" 2....
11,019
30,723
" 3....
22,348
20,977

"11....
"12....
"13....
" 14....
" 15....

8.

1882

652,000
617,000

801,000
376,000

(bales)

lb81 (bales)

Calcdtta—
1882
1881

(bales)
(bales)

118,000
117,000

40,000
36,100

158.000
153,10J

69,800
26,700

8,500
3,000

78.300
29,700

Madras—
18?2
18S1

(bales)
(baits)

All Others—
1882
1881

1,153,000
993,000

60.000
26,600

20,000
9,400

80 000

1,048,800
516,300

720,500
665,800

1.769,?00
1,212,100

(bales),
(bales).

36,000

All Ports—
1882
1881

(bales)
(bales)

Messrs. Wallace

&

Co.,

under date of Bombay, January

publish the following covering the same facts

19,

:

18S2.

18S1.

Bxporttd from
Oontinent.

Great
Sritain.

Bombay

Great
Brilain

Total.

Oonivnent.

Total.

796,556 663,308 1,459 ,924 373,175 629,588 1,002,703
22,982
26 ,950 12,850
512
3,9t>8
13,392

Kurrachee
Carwar
Calcutta

Bangcon
Madras

120,332
243
72,17

Tuticorla

17,002.

Coconada and
Masulipatam

13,029

35,010

155;,372

116,970

80

323

7,696
2,400

80,,173

2li,674

19 ,402

7,441

21,263

34 ,292

36,380
60
3,012
8,799

6,325

153,350
()0

29,686
7,141
15,121

3.

15,110
10,75(1

" 18....

8.

9,617
9,389
16,183
8.707

" 19....

27,754
20,859
17,739
15,316
35,619

12,725
13,626
5,311
5,712

" 17....

Bombay—

S.

16,697
14,970
12,207
13,350
19,49«
10,622

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

" 16....

Total.

10,05!)

" 20....

" 21....
" 22....
" 23....

8.

be seen, by comparing these two statements, that our

It will

reports

;

that Calcutta differs only 2,628 bales; that Madras dif-

fers only 1,873 bales;

ports other than

and

Bombay

in

the total movement from India

1877-78.

4,766,393 3,992,459 1,473,652 1,138,169 3,739,315 3,198,924
Peroentag 3 of total
81-58
76-16
82-71
84 09
8049
port reo'ots Feb.23

This statement shows that the receipts since Sept. 1 up to
to-night are now 773,931bales more than they were to the same
day of the month in 1882 and 292,741 bales more than they were
add to the table
to the same day of the month in 1881.
the percentages of total port receipts which had been received to
February 23 in each of the years named.

We

The Exports of Cotton from New York this week stiow an
increase, as compared with last week, the total reaching 12,159
Below we pive our usual
bales, against 11,409 bales last week.
table showing the exports of cotton from New York and their
direction, for each of the last four weeks ; also the total exports
and direction since September 1, 1883, and in the last column
the total for the same period of the previous year
Exports OF oorros (balbs) khom
Exported to—
Liverpool ...
......
Other British ports

New York

Wee/c

ending —

Feb.

Feb.

Ftb.

1.

8.

15.

7,795

8,963

8,195

Total to Great Britain 7,795

8.968

.3,195

273

995

Havre

since 8BPT.

1.

1382.

1.

previ'ut
year.

Total
since

Feb.
22.

Scjyt.

.Same
period

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

9,348 316,669 228,861

1

211

...

20,891

Other French ports

17,631

100
211

the two statements vary only 262

Bremen and Hanover

bales.

1878-79.

4,025,800 3,768.011 3,269,710 3,089.216
22,962
8.
28,495
36,301
18,075
22,580
8.
19.795
21,769
8.
20.351
23,729
27,938
15,20S
35.511
33,5C1
26,031
15.582
20,000
23,999
S.
21,929
23,378
22,343
20,763
11,239
25,634
16,653
23,183
8.
22,808
21,175
18,72!
31,138
15,100
8.
17,01y
12,915
8.
31,476
18,057
27,671
19,171
26,965
17,53-2
22,37i
23,264
29,038
25,523
8.
20,075
21,013
28,391
20.967
29,599
14,80O
8.
10,070
19.8S»
16,652
23,239
13,219
18,579
8.
18,058
8.
20,037
33,559
14,386
39,771
23,820
30,281
21,991
17,936
11,730
16,471
19,10.S.
16,063
14,837
20,960
14,650
26,277
21,159
8.
15,760
20,245
13,298
16,873
18.684
8.
14,219

Total

Total bales. 1,042,621 33,815 1,776 436 548,438 678,381 1,221.819

total for 1882 for all India is within 7,000 bales of the mail

1879-80.

1880-81.

1881-82.

1882-83

it

and we now reproduce

XXXVL

This statement shows that up to Jan. 31 the receipts at the
potts this year were 525,751 bales more than in 1881-82 and
241,500 bales more than at the same time in 1880-81. By adding
to the above totals to Jan. 31 the daily receipts since that time
we shall be able to reach an exact comparison of the movemeut
for the different years.

this

of

[Vol.

400

273

995

1,096

700

1,200
1,136

20,091

17,631

33.764
21.589
13,578

26.179
13,355
1,179

Hamburg
400
Jdte BnTTS, Baooino, &c.— Bagging has continued to be Other ports .............. "201 "719 i',419
taken in small parcels to a fair extent, but large orders are still Total to North. Europe
601 1,845 2,119 2,736 101,931 14,313
lacking, and though a fair amount of stock is being disposed of
Spain, Op'rto, Qlbralt'r.Jkc
837
75
2,517
"200
the market has a quiet appearance. Prices are pretty steady and
21.0
"io6
4,790
holders are asking 6Mc. for l)i lbs., ^c. for 1% lbs., 8Mo. for Total Spain,
&c
200
100
1,037
75
7,307
2 lb., and 9c. for standard grades. Butts have gone off in
Qband Total
8,337 11.086 11,409 12.159 140,898 291,815
price since our last, and there have been sales to the extent
of
bales
8,000
various grades at V/amYsc There seems to be
The PoLLowiNtj are the Gross Receipts of Cotton at New
a
better tone at the close, and selless are asking 2c. for
paper York, Boston, Philadelphia and Baltimore for the past week,
at;d since September 1, 1882:
grades, while bagging qualities are held at 2Mc.
CoMPABATiVE Port Receipts and Daily Crop Move.mest
Neto Xorh.
Boston.
Philadelphia.
Baltimore.
A comparison of the port movement by weeks is not accurate Receipts
This
from—
Since
This
Since
This
Since This
Since
83 the weeks in different years do not end on the same day
week. Sept. 1. week. Sept. 1. week. Sept.l. week. Sept. 1.
of
the month. We have consequently added to our other
standing N. Orl'an.s 7,826 157,206
4,896
tables a daily and monthly statement, that the
reader may Texas.... 4.871 124,179 i',150 12.229
constantly have before him the data for seeing the exact
Savannah
5,333
175,133
1,779
56,843 "156 12,699 2'i'3'3 70',043
relative
movement for the years named. The movement each month Mobile...
"183
Florida
s'sbf
8mee September 1, 1882, has been as follows:
"604
"896 "423
S.Car'llna 6,603 131,119
.

—

\

.

7,62i

Tear Beginning September

Monthly
Seeeipts.

Bejt'mb'r
Oetober..

1882-83

326,656
980,581

Moxewb'r 1,0?1,037
Deoeqib'r 1,112,536
J
753,827

January

1881 82.

1880-81,

429,777
458,178
853,195 968,318
974,013 1,006,501
996,307 1,020,802
487,727 571,701

1879-80.

333,613
888,192
912,272
956,464
647,140

N.Car'lina
Virginia..
North, pts
Tenn., &c.

1.

1878-79.
288,841r
689,26>l

779,237
893,661
618,727

1877-78
98,491
578,533
822,493
900,119
689,610

Totalye^ 4>?«7,3uo (,711,519 1,025,800 3,768,011 3,260,710
3,089,246
Pero'taKe
of tot, i>ori
reoelpts Jan. 31. ,

79-27

f.8-53

75-34

73-52

71-08

1,038 39,999
8,871 166,165

560
2^335 45'834
5.152 99,136
4,286 113,925

2,ii"i

35,641

2,277

i'.269

15,747

i',32i

This year. 36,56l'916,7^7 15,002 331,109

3.964

*

Foreign

i'.652 10 8'. 36 8

.

191

16,807
15,594
b4,358
205
36,116

1,921

Last year. 19,882 93G,158|l0,234'3O8,O09

578 67,357

6,900 223,782

3.235 168.572

•101,103

SHiPPma News.— The expoits of cotton from the (Tnited
States the past week, as per latest mail returns, have reached
101,732 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
With regard to New York, we
ttte Chbosicle last Friday.

:

FSBRUABY

.

THE CHRONICLR

24, 18b3.J

sU

inolade th» mnnifflsta of
nl<fht of thi» we«k:

New Yohk—To

ap

ressels cleared

to

Tbaraday
^,„^

Llvoriiool. per iitoam(>ra Adrlntlo (addlllonal)
lleillii, 2,2.t0....1Iori<eUol, 1,003. ...lAko

.1-l(i....Clty of
Huron, 1.0113

fuTouln.

400
75

BW

ORi.K.vN!*— To l.lvorpool. pt^r AtuainorH Andean, 3,870
Catulnn. 2,013
CouuHoIlor, 4.1tlJ
Kxuloror, 3.250
Good IIe|>o, 3.U7S
Puortortqiieno, 3.875
per aliip
Satiirhm. 2,473
24,217
To IlHvro. per ahlp Riverside. 4,475
per bark St. Jullou,

3.miT
Ti> Kouon. ii«r Bteamor Pnliu Branch. 1,001
To Dunkirk. perHtniiiuer IiiKntm. '.iOO
To Bnrcolona, per barks Joveu Narolssa, l,227....Bincero,
1,599
To Genoa, per bnrk KrRO. 2,052
ToTilosto. per Imrk Kbcnezi-r, 1.810
To Vi r:i (':ii7.. pi-r .^Ii'immr Cluiso. 1,100
CBAKI.KS10.N— loiSoli.ntopul, pur steamer Coventlna, 4,501 Up-

8,312
1,001

200
2,820
2,052
1,840
1,100
4,501

liiiul

To 11.1 rcelona, per biirk Crlstliin, 1 ,560 Upland
1 ,560
8av.vns.\ii— To Liverpool, per bark Borltely, 2,309 Upland
2,509
To Brt'uicM, iwr steamer KIslo, 7. OOi Upland
7,662
Tkxas -To Liverpool, per stennior Anstrallan, 6,137. ...per
baika Ajfdcr, 1,507.. ..8tavan«er. 2,398. ...Zaurak, 1,923. 11,903
To Brenieii. per steamer Tnnlii. 3.403
3.400
To Cronstadt. per bark MlzpaU, 1.363
1,363
To Gouoa. per bark Sueoiw). 1,123
1,123
NouFOLic—To Llvorpiiol, per ship Northumbrla, 4,903
4,903
To (Jonoa. per bark Alice, 2,700
2,700
BAI.HMoitK— To Uvorpuol, per steamer Jtiana, 558
558
.•

Boston— To

per steamers Norseman, 1,634

l.lveriwol,
tine. 1,667

Philaoeumiia— To

3,301

New

York..
N. Orleans. 21,217
Charles ton.
8«Taiinah..
2.5U9

Texas
Norfolk....
Baltimore..

Boston
Phlladelp'a

2,500

,

101.732

arraaged in oar osual

Havre.

kirk.

8.342

1,201

burg.

$ladl.

4,501
7,662
3,400

Total

lona. Qetioa.

2,336

11.965
4.903

2,828
1,560

1,363

12,159
41,578
6,0'U
10.171
1,123 17.851
7.803
2,700

2,052

558

.^58

3,301
2.500

3.301

Deronda, 2,874.
For Barcelona— Feb. 16— Barks Galofre. 500; Pedro Gust, 400.
MOBILE-For Liverpool -Feb. 17— Bark Q 8. Penry, 2.252,
Savannah— For Amsterdam— Feb. 19. .Steamer Norfolk, 5,700.
For Uddervalle. .Sweded— Feb. 20-Bark E'udel, 1,336.
Charleston- For Havre— Feb. 19— Bark Crown Jewel, 2,303.
ForBarcelona-Feb. 16- Bark Hebe, 1.160 ...Feb. 19-Brlg Jovcn

20— Briss

Maria, 660.. Feb.

.

;

uninjured.
Mi);tso Cast.'.k, steamer, I'ennineton, at Charleston, for New York, was
burueil at her pier ut Cliarleston, about 2 A. M. of the 21st. Tue
Uro originated in the after part of the saloon, from what cause is
not enaeily known. Tiie vessel and cargo will be a total loss.
She had on board 1.200 bales of cotton, naval stores and other
poiMls, valued nt about .*100,000, which were nearly all covered
by insurance. The Morro Ca.stlo w.is built in 1864 and was 1,680
tons gross burden. She cost about $195,000 and was insured.
Nkto, steamer (Ur). from Galveston for Liverpool, before reported,
which put Into Key West, Feb. 4. after being ashore, was repairing,
caulking. &c , Feb. 14 about 250 bales of Jeltlsoued cotton from
the N( to have been picked up.
;

Cotton freights the

pa.st

Aifur.

week have been
iron.

Tue$.

a-s

follows

Wedne*.

Uverpool, steam d. l'«4»»4 "»1»»4 llS4»'4 "64® "4
Do
Rall.-.d. "«4-"s4 "«4-«C4 "S4'»€4"a4"'<14
Havre, steam
c.
'16*
Tl«*
Tie*
'u'
Do saU
e.
..>•
-••Bremen, steam, .e. »7s2*
"33*
"33*
"S3*
Do
....
sail
«.
....
.-.

Do

saU...d.

Do

saU.-.d.

Baltic, steam... .d.

Do

sail

V
•

«•

'4»»32'

V

>*'
•

•

Genoa, steam ...d.
^ Compressed.

>*'

....

^*

V

"is«V "i,»V
%•

»»i««''«'

*•

Tftur».

Actual export
Total stock -Estimated

Of which American — Esttm'd
Total Import of the week
Of whfon Amerloau

Amount afloat.....

........

Of whloh Amerloan

2

71,000
11,600
8,100
43,000
B,too
48,000
851,000
5l»5,000

135.000
1)9,000
346,000
289.000

reb.9.

72 001
9.00f
0,800
44,000

89:688
882,000
604,000
10.i.(M>0

76,000
810,000
275.000

feb. 18

r*b.79.

53,000
0.400
6.100
31,500
10.000

44,500
5,700
3.100
20,500

8'46,000

Mssa

033,000
102.000
83.000
354.000
2i)5,000

690,000
143,000
113,000
288.000
208,000

The tone

of the Liverpool market for spotn and fatares each
day of the week ending Feb. 33, and the daily closing prices
of spot cotton, have been as follows.
Saturday Xonday.

Spot.

Market,
12:30P.M

Dull.

Tueiday.

Wednee, Ihurtd^n.

A-ufay.
Dull

Basler.

Dull.

Dull.

and

ssler.

easier.

«ld Upl'ds

5",
5'3,6

.Wui.Ori'ns
Salos
8peo.<Scexp.

508
513,8

6.000
1.000

5»9

5»n

5Ui«

5"i«

7.000
1,000

8,000
1,000

10,00(^

2,000

6<>a

5%

10.000
1,000

8,000
1,000

tuUiitt.

Market,
12:30 P.M.

Dull.

Market,
5 P. M

Dull
{

ana

(

easier.

In barera'
Very dull.
favor.
Basler.

Dal!.

Flat.

Dull.

Flat.

Qniat.

Dull.

The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling claase, unless
otherwise stated.
t^Tfte prices are given in penee and
and 6 03 means 6 3-64d.
Sat., Feb. 17.

61tA«, lAtu: 5

Man., Feb. 19.

02 meant 5 62-644.

Taea., Feb. 30.

Open High Low. Ctoa
d.

February...
Feb.-Mar.
S43
Mar ..April.. 9 44
.

....

%•

d.

5 43

am

d.

5 42
5 43
5 45

S44 5 43
April-May S45 S4S S4S
Uay-June.. 54tl 5 49 548 54S
June-July.. S52 5 52 5 51 5 51
Jaly-AUK-.. SS4 Bfia 555 S35
An,(.-Sepi.. 5 60 sec 5 58 5 59
.

Bept.-Oct...
Oct.-Nov....

d.

d.

d.

Clot.

5 42
6 42

543 5 42 5 43
542 5 41 541

54-3

5 42
5 41

544

5 42

544
548 5«7
5 51 500
555 555 554
558 SD8 598
5 48
5 51

6 42
5 44

647
660
5 51

556

5 47

Wednes., Feb. 21.

Thnra., Feb. 32.

d.

5 42
5 42
Uar.-April.. 5 42
April-May.. 645
May-Jane.. 5 47
Jane-July.. 5 51

Febru'ry..
reb.-Mar..

554

Aug.-Sept.. 6 58

d.

5
5
5
5
5
5
5
6

42
42
42
45
47

d.

Clot.

Open

5 47

Hl0fc

Low.

Clot

11

5 41
9 44
5 47

550
554
558

642 5 43 543

sa

5 43

643
644

FrI.,

6 43
6 44
6 47

5 47

650
5 64

658

540 6 4? 640
3 4> 5 41 643
547 5 47 5 4S
590 660 6 48
553 553 563
598 66S 6 57

6 40
6 43

640
649
6 53
6 67

Feb. 33.

Open BioK Low. Oot.
d.

d.

640
540 910 538
6
40
5 38
540
548 9 43 642
5 46 9 48 545
5 48 9 49 548
653 9 63 5 63
657 6 57 6S«
6 40

8ept.-0ct...
Oct.-Noy....

6 42
6 44
5 48
6 51

641
648
66t
550
655 555 554
630 5 5» 6»S

d.

d.

642
511 641

544
547
51 550
51 551
5S 558

Clot.

9«7 5 47

5 12
5

Oixn BIgh'Low.

d.

B«8 548 5 48 548

Open ni^\ Low.

July-Au(f...

Open High Low.

6 40

545 5 45 5 40

4.

64»
S3ft

6^
5.4a

545
548
553
568
545

BREADSTUFFS.
FsiDAT, P. M.. February 23, 1883.

Flour was very Ann in the fore part of the week, when wheat
was advancing and holders were encouraged by quite a good
demand, but later, when wheat became depressed and the demand fell off, prices showed more or less weakness. The supply is not considered excessive, however, and of soma grades of

To-day the market
ia in faot light.
was quiet, but steady.
7l«'
Wheat has been less buoyant, and has shown a decline of 1
....
"»«•
to 2 cents. The speculation has continued on a large scale,
..••
the sales during the week approximating 32,000,000 bushels,
Hbut there has been only a fair export trade. The gradual sub....
Ohio Valley, and the decline ia
>43»33- sidence of the floods in the
the
prices, both at the West and abroad, have tended to weaken
....
to
contributed
also
have
H'
realize
though
sales
to
here,
market
....
Cash wheat has been under better control thaa
this result.
i»i,»V
To-daj
options, and has at times been very sparingly offered.

»'«4-»64

^
•i

U

V
"14»V

Frt.

d.

"*i»k both spring and winter

o

....

....

\*

U'

ka'ss* kasjs' '4»»3a'

c.

Baroelona,steam.e.

Of which exporters took ....
Of which speculators took..
SalM Amnrloau

Frasquita. 552; Jaimie Millet. 735.

WiLMiNGTON-ForLiverpiMjl- Feb. 19— Brig Alaska, 1,800. ...Feb. 20—
Bark Aurorlta, 2,087.
Feb. 17—
Boston— For Liverpool- Feb. 15— Steamer Iowa, 1,409
Feb.
Steamer Victoria, 10
Feb. 19—Steamer IlljTlan, 2,560
20 -Steamer Atlas.
BAI.TIMOKE— For Liverpool— Feb. 20 -Steamer Circassian, 1,200... .Feb.
21— Steamer Vesta. 2,379.
For Antwerp— Fob. 17— Steamer Hermann, 2,500.
PHii.ADELrmA— For Liverpool— Feb. 21— Steamer British Prince, 1,600
Below we give all new.s received to dste of disasters to vessels
carryiaff cotton from United States ports, &c.
Knight Templah, steamer, at Seba.stopol, from Ciiarlcston, before
reported. Tlic lire broke out iu the lower main hold of steamer
Kul!;!it T 'miliar (Br.), contalnlns 400 bales cotton, but the lire
W.13 (fot under control; cotton damaged by ire and water ship

Amst'd'm, steam.e.

balet.

2.500

Total... 59.301 8.342 1.20113,398 .5.864 4,386 5.875 101,782
Included In the above totals arc, from New York to Antwerp, 400
bales and to Oporto, 75 bates; from New Orleans to Trieste, 1,810 bales,
and to Vera Cruz, 1,100 bales.
Below we add the clearances, this week, of vessels carryinar
cotton from United States ports, bringing our data down to the
latest mail dates:
Galveston— For Bremen— Feb. 16— Bark Lena, 1,450.
New Okleans— For Liverpool— Fob. 17—Steamer Governor, 5,202....
Feb. 19-Steamer Alava. 4.230. ...Feb. 20—Steamer Kita. 3.010.
Feb. 19—Steamer
For Havre— Feb. 17—Steamer Provonola, 2,198

Hamburg, steam.d.

Feb.

week

Bale* of the

.

Bremen Seba$RoHen and tovol <t
rf Dun- RamCron- Baree-

Liverooot.
9.31!»

Pales-

Liverpool, per steamers British Queen, 1,.500

....IlUnois, 1,000

Total
,
The particulars of these shipments,
form, are a.s follows:

—

LivRRPooL
Bjr cable from Llr«rpool. we
bava the
sUtement of the week'. Mies, itock-. 4o.. at th»t followlii*
port
w5
*^
add proTloos weeko for oompariwn.
''•

0,818
1,300
1,136

•I,0.'>4

To Uri'iiii'U. pur atiMtnior Kibe. 1,'JOO
To IIiinibiii'K per nteiiiui r Tolarla. 1,136
To Aiitwmp. pur ntnitiuor Witi^nliiiid. 400
To U|ii>rti». |»er brU CyilaUiie Ilertiard. 75

If

^^

227

I

\-

the market was %(li^i<s. lower

;

No. a red sold at f 1

23X01 ^

—
.

..

THE CHRONKILE.

228

2i5i@l 25^^ for
f^.V^hrn^LTV $1225/8@1 23)i for March $1
26% for June.
26>^@1
and |1
Anril r25yl@126>ifor nly.
have
3 cents, and. while there
;

Xdi'afc At; £naed 2 to
befnCge transactions in options,

the trading fore.port has

however,
lightness of the foreign trade,

The

Immoderate.

New York

argeyduetothefacbt.lxatt.he
trbrn
has been largely

>s

at
market wa^ }i@mc. lower; No. 2 mixed sold
71@71^c.
and
March
for
1l%@n)io.
February,

lo-Whe
imn%c.

supply

time last year.

^^^^ ^^ luat held here at this

for

1\%@

and May at

1l%mme-

for June, with April quoted at
71 We.

active.
Kye and barley have been firm but only moderately
largely owing to
has
been
this
but
freely,
less
sold
Oats bave
established a still further
the firmness of holders, who have
controlled
by a few houses.
being
here
supply
the
advance,
sold at
To-day the market was slightly higher; No. 2 mixed

and 50%.@o\}4o. for

for April

51@5lMc.

49?i(S5Cc. for March,

May.

The foliowiDg are
»&.

closing quotations

Ko.2wtoter

300a 3«5

Buperftne
BprlnK wheat extras..

3

Southern l^EiKers' and
family brands
SoutU'u stlp'g extras.

753 4 00
4,253 5 50
5 003 6 50
do fiakera'
Wis. & Minn, rye mil. 5 50 a e 00
Mlnu. clear and stra't 5 00 a 7 00
Winter slilpp'g extras. -1063 4 40
6

Patents, spring
Patents, winter

6

Kye

Corn meai—
Western, Ac

Brandvwlne. *e
flour. 100 lbs.

1

WUite

1

Wliito No. 1

Com— West,

]

West. mix. No. 2.

White
Yelliiw

Buekwlioat.

OatsMixed

3

75
74

79
80

49^S

52

51

5415

a>

4!)%»
52

—

72
72 14

3

Canada..

Ji

No. 2 mixed
No. 2 white
Barlej
Canada No. 1....
Ciinada bright...

....

it

1

Canada No. 2
State, 4-rowed...
State. 2-rowod...

05
98 al 00
95 a 97

RW.

Barley.

Flour.

65,434

.

124,202
130,010

1,334,436

63,>,540

33,310

43,4S0!

138,605
157,734

43.813
10,400

183,666

11,764]

1,000

1,972

Detroit

2,880

203,137
811,890

eievolunt]

1,984

40,000

37,235

818.048

1,0(6

4,100
35.000

805

Toledo

Louis
Peoria

St.

Onluth

7,000
30,500

560,610
177,250

5,051

44,275

9,000
78,120

4,3:6
42,112

1,711

203,250

15,060

21,000

908,283
735,074

2,297,372

118.300

235,185

603.189

883,761
559.671
351,316

403,102
274,692
61,438

78.390
53,116
13,060

5.794.123

57,312,972

47,672,876

30,-.33,801

11.063,805

2,923,855

58,232
4,958,0«2

31,111.748

75,517,680

22,093,001

9,823.219

3,114,304

58,403.518

70.591 ,8S0

25.31 i8..S04

1,580,497

StaceAug.l—

meat
Com

18^2-83
3.500,271

bbls.

bash.

3,026.f>9a
ll,67s>,9J7

4.5S7.836
1.823,574
256.245

C«»ts

Rarley

Uvo
JotalfJia'Ji

..

21,371,522

Balow are the

9,837,281

Barley

Rye

Exports

from —

lonr

bbls.

Wheat.. ,„..

.> 19h.

.....

Oats
Barley.. „.._

Rye
Total

Boston.

Bush

375

Portland
.Montreal.
Phiiadel.

5,793

Feb. 17. ..174,=
Feb. 10. ..149.308
Feb.
3... 207.336
Jan. 27... 101. 9-57

Caltlm're
S.Orl'ns

24,400
519

Total w'k.
g'iHe time

1832.

20,321,971

1882.

509.319
271.323

11830969

1881.

Week

Week

Week

Feb. 17.

Feb. 18.

Feb. 19

174,836

155,507

122,339

131.401
1,473,720
476,501
85,802
40,018
2,213.172

141,274
067.959
518,356
77,998
29,831

897

41.898

22,093

Oorn,

bitah.

bush.

bttsh,

418.863
410.550
552.S90
263,497

l.S3-1,ill

725,481
391,231
684.271
309,203

Oals,

748,769

The destination of these exports is as below,
corresponding period of last year for comparison:

1832.
Week,

1883.
Week.

1882.
Week,

1883.
Week.

1882.
Week,

Feb. 18.

Feb. 17.

Feb. 18.

Feb. 17.

Feb. 13.

Bbls.

Bbls.

Brit. Col's

153.232
10.321
17,59
12,619
1,739

OUi.c'ut's

839

Total...

193,312

Uo.King.
Coutin'nt

8.&C.Ara
\V.

Indies

314,342
58.412
40,733

11,208
9.73H
13.339

323.470
190.851

21.293
11,436

3.>6.131

20.2 S9

101,419

20,850

033,-27 1.813,303 0,184.702 2.109,966 919,871 82.976
4w'ks-82.. 602,471 1,101,391
^.022,907 2,743,322 433.527 170,829
The receipts of flonr and grain at the seaboard ports for the
wetk ended Feb. 17, follow:

Bush.
413,226
278,009
9,903
16,114

5 22.
2',83'

"i',6bo

3,291

Bush
878.783
320.235

""so 6

'17,068

"1,517

106,483 1,122,906

850,51. 1,224,133

748,709

9o2

season and last season.

1,

to—

1882-83.

1881-82.

1882-83.

1881-8:!.

1883-83.

1831-82,

Se^t. 1 to

Stpt. 1 10

Sept. 1 (0

Sept. 1 tn

Sept. 1 to

Sept. 1 1«

Feb. 17.

Feb. 18.

F,b. 17.

Feb. 18.

Ftb. 17.

Fit. 18.

Bush.

Bush.

Buah.

Un. Kingdom
Continent

Bills.

3,556,510
340,654

.

*C. Am..
West Indies

.S05,M7
460,310
301,480
88,152

8.

0th. countr'a

Bush.

1,518,278

83 818,812

19.806,887;

9,244,iK)l

14,528,685

09,530
339,430
809,401

19,571 ,385

8,832,898
4,583

1,802,212

3,418,873

98,48'

255,284

19,760

227.812
67,118
70,985

883.080

80,600

88.878
38,329
7,806
8O0,4C3

2.3:17.319

43.720.413

2.59.9.30

6,053 529

Total..

800,288
.:6.604,176

79,120

mxss

ll,0n.513' 18,5»73-»

m

granary
The visible supply of grain, comprising the stocks
seaboard
at the principal points of accamulation at lake and
was as
ports, and in transit by rail and water, Feb. 17, 1883,
I'oUow.s:

Corn,

Wheat,

OaU,

(est.)

B'Jiralo

782,157

75.721
84.000

26.000
923,f00

03,000
8,500

106.'0.)b

l.UI.OOO

29.000

318,000

4 074.759 1,577,001

191L,037

210,000
97,000
28.000
50.000
534,931

691

148,895

63.040

36.003
5,857
2,000
210,040
86,554
2,061
65,529
103.411
192.103
27,300
15,110

4.3(.0

13,814
235.180
57.310

5.550
905
73.000
50,683

5.479
121.709
13,227

29,321

9,013

136 335

5.602.481

l>o. aflo.if

Milwaukee

Dnluth. ......"..'."..
Toledo.
Louis
Boston
Toronto

St.

Vlontroal

Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
DownJIississipi-l.

Ourall

tS

:

3u,So6

1.223,999

423.629

17
792.82.J

1.331,.')

8.973
50.000
1.437.293
71,513

130,000
1,116.365
273.011
361,839
204.318
727.461
S 974

500
5,417
203,459
103.125
93.000
30i.628
317.616

367.40:)
231.7fl7

812.773
1 2 000
5; 6.2 13

17. '83. 21.y7t.;03
3, '83.

357, 177

325,000
933.946

FeK 10 •Tx 22,188.094

Tot. Keb.

Rye,
bush.
22l..'33

bush.

913,917

hnjih.

Do. afloat

Ohloago

Barley,
hush.

bush.

fi,031,199

1)0. ttllon^ (est.)

Tot Fob
Rye.
buHh.

Bush.
450.000
403,717
828

Bush.
503.080
617,426

(j7,94h

By adding this week's movement to our previous totals we
have the following statement of expjrts siaee September 1, thi»

Oawego

133.611
1,592,382

Corn.

1883.
Week.

to—

Week
93,306

bufth.

the

Feb. 17.

for week

Detroit

Feb. 21

Barley,

We add

Wheal.

Flour.

If 80.

1,13J.12L 2.111,510
ports for last four

Wheal,

372

67,933

Albanv

301 204

ti

Peas.

Bush.
525

5,935

7,822.(110
1,71'<,457

1,071.2:15

Rye.

Bush.
67,933

2,206

5,tl2-',479

3.910,380

OaU.
Bush.
70

836,645

10,831.562
4,915,792
907,615
317,235

1,610,337
1,193,140

836,415
115,747

196,312 1,122,990 1,224,188

tn store at—
Sot; York

13,531,831

Oorn.

Bush.
425.328
100,772

51,00
385,232

106,483

..

1,577,230

1,167,.>.81

2,433803

1,500

2,236.377

3.287,723

4,773.912
12,610,092

22.000
496.178
179,910

2,6-<0.407

328.470
21,293

1879-90.
1,312.933

13,9H,5J5

11,919,431

599.309
31,220
66,139

133,216
32,039

..

,546,661

The rail and lake shipments from same
weeks were:
Week
Flour,
ending—
bait.

7,032,733
7,727,915
3,121,953
812.544
250,305

Bbls.

Sew York

lS79-8\

40iS,365

373,070

4.851.673
5.815.417
3,333.902
829.987
83,397

Wheat.

18R0-81.

1,803,417
725. ISl

2,00d

78,600 23,380
77,600 12,568

22t5,51S

7,533,931
11,320,499
3,900,283
563.077
140,038

Flour.

1,253,774

shipments from Western lake and river

rail

500
3i300

The exports from the several seaboard ports for week ending
Feb. 17, 1883, are shown in the annexed statement:

18S1-S2.

19,772.671

273,139

1890-81.
1,913,329

Total. Fiin.... 22,558,151

l,120,3:i2

1883.

I0t.,4w.

bosh.

Oats.

2,765.960

ports for f 3ur years:

Corn..,.

Wheat
Com...

Brit. Col'nles

The comparative shipments of flour and grain from the
same ports from Dec. 25, 1S32, to Feb. 17, 1883, inclusive, for
fo«r years, show as follows:
Floor

444,1,30

1881.32.
1,618.063

Bills.

190,773
177.700

4,-;

232,000

IB82.9I.
2,402,179

Flour..... ..bbls.

&j)t.

'31

1682
1881
teso

900

total receipts at the same ports for the periol from
Feb. 17, IS83, c.-impa'e as followj for four

The

KcportasirJCf

'82

Tot. wk.

Same wk.
Same wk.

bush,

17,080

Dee. 25, 1882, to
years:

88

85

of breadstuffs to

81,433

miwaukco

8.500

743,634 1,353.210
£8J,851 915,670

"'2 783

Tr,(ilv-Bnlt

Oor week '82V. 269,2-36

Rye,

lej,

bush.

117,008 43,430
47,175 13,850
1,200
9.300
2,523
17,000 12,000
15,500
23,810

l:;2.400

Exports

102

BWaA9dlbs Buah.mibs BtMh.5flIi» Uu,sh.32lb3 Bush.iSWa Bush.56(I)s
Chicago

Orleans.

Bai

Oats,

bush.

bnith.

421,5 il

50

of the last three years:

Becetpts at—\

500

Philadelphia..
Baltimore. ...

Sew

bush.

202.320
48.473
50,139
8,750
53,800
273.450
43,500

9,773
10,075
31,495
19,857

,

Corn,

Wheat,

'low',
bbls.

99,631
45,154

52I9

mirket is indicated in the
statements below, prepared by us from the figures of the New
York Produce Kiohange. We first give the receipts at Western
Lake and lliver purts, arranged so as to present the comparative
movement for the week ending Feb. 17 and since Aug. 1 fpr

The movement

—

Sostoa
Portland
Montreal

.

75

White

31 29

3
71 U«
73 3
72 3
72 ®

mi.'ced

Slate

10

2.)
1 i'4

s

23
12
1/
63

3.j

253 3 75
753 3 85
503 2 80

3
3
2

503 8 25 Buckw't
003 7 50

108 31
1 14 31
95 31

Spring-por bmh.
Spring No. 2
Red winter
Eed winter. No. 2

6 00*7 50
4 85 a 5 00
4 toa 4 30

flour, superfine..

Kye— Western

Wlieat—

i

At—
Now York

XXXVI.

[Vol.

;

FLOUR.
bW. $2 7D» 3 50 City sklppln" extra*. $3 50a 6 00

2 spring... S

each

:

.

22,289,13:1

Tn? Jan. 27 >a. 2 1.909.1 18
Tot. Jan. 20, '83. 'J1.770,a 2
Tot. Feb. 18, '52. 17.300.341

2,292,04.3

1,!4).170
lo'570.733
10.7. 0.G31
9.350 417
9 573.707
17,215.218
1

835;?93

1,124
6,367

14,500
25,573

23,i07

392.087

1.098,420 1.800,307 1.000,129
1 0-29.OS2 .l.«i»-!ij!| •^^^.'JSl
4.Ho2.1bl 2.0n7,,01 )•." 'V^J
-

.'
^rl,',
'oOl
.2o H'?^
2.^ 92.300 1 -IJ
''^"J
2.8U,3-i3 2 511.911 1,11 .,309
StatisThe following statement, prepared by the Buiv.iu of
breadstuffa fro™ J_l;"^domestic
ot
exports
the
show
will
tics,
Jan^
customs districts, during the month ol
I

:i.9-7f;.
4, 1 9.

.

undermentioned
same, as comparea
1883, and for the seven months ended the
year
with the ccn-espouding months of the previous

——

:

FEr.nuAnv

Si

»

«

.

:

THE (^HRONICLK.

ISSS.)

24,

p a

If'
?i-li

— —« «

»

,

•

•

6

35f r

:*:

:

:

S.3

ST"

caatioaa in their Helectionx, bucante of the r«aent dalnew of
the retail trade and the anoertaiot^r in regard to IcglHlaticn
upon the tariff. Jobbers report a steadily growing df mand,
bat this branch of the basiness has not aa yet become actiTe.

*

as:
»«•
—
Ml

:

I

I

i

DoMiMTio CoTTow finuiHi.—The Piportsof cotton goods from
port for the week f nding Febniary 20 were «,o*i t"^.
ages, inoludiog 1,689 packages to Great Biitain, 1.2S3 to Chios,
197 to United States of Colombia, and the remainder in relatirely small lots to other markets. There was a fair morement in plain cottons as the resalt of new business and on ae*
count of back orders, and leading makes are ao closely sold
up to production that prices remain firm. Wide sheetings weM
in fair request and steady in price, and some makes of corset
jeans were slightly advanctd. For colored cottons the demand was generally light, but quotations are unchanged.
Print cloths ruled quiet and easier at 3%c. for 6li64s and 3^0Prints have shown rather more animation in both
for 66x60a.
first and second hands, but the demand was irregular and
chiefly restricted to a few of the most popular fancy and
thi.s

;

XX*

!

Bfc;

;

a: CD

MQDUCS

«

-J

-

>£!

— ec Oi Ci -'

f.

3:

MM'

WW*-!

(-1

*

COICO

--IOQDIX

(i -^110

K -^ -4

ua v
:;>

o<«-tocoa

toco
tX) -^i

—

ODQR

•

OiMCic'&CW

^IQO-I

CdCfl

229

tiooA bavinK bp«n chit-fly cnnflned to makloK dnllTeriwi ct
certain fabrlcii Id exeoalion of former orders. Tbe demand for
foreign goodx hns lacked apirit, bakers having been cxceedinglj

22E2 r^e* iS 'i?E
1-

^

.

;

shirting styles.

lOOlCDW

—

to

OCpODlOrf-W

JOp*-'tO

WODrtOC
•*ltO

—

|fr

Domestic Woolen Goods. There was a more active undertone
market for men's wear woolens, with considerable transactions in heavy cassimeres, suitings and worsted coatings for
Heavy all-wool and union cassimeres are
future delivery.
firmly held at opening prices, and the enhanced cost of wool and
worsted yarns has led to a slight advance upon ceitain 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
(as usual at this stage of th« seasiin', but prices are well

lOCMMC
Oi •- ^
CO

in the

>l^

o«ot-'a

M-r*:

ioh-^-cnwc
-t to

00 CO

Ci* -vi

I'!

tSi-'-lO

C3

to c? c ^ -• ^
VcpV
o ** to
-4

«j

u

oca

c) >: to

o5«

OMtOOCJ

cou

X ^ OO O X

-rpioctocf.

Ci9-4CiU

— C(D
wow
-1
K *
C;

!,>

<iWX<l

to

3

:*:

•

t

ciVit^*. -4 ^^ J3 iSfc ly ?D 00

:

OOP-

-1

|f>-

CC

5-

to

» CJ to

10

tc

o :t

lO

'-'

to VI

Foreign Dry Goods wera mostly quiet

:^»o

I-* I-*

X

|s

Of

•£^00

b'sua:
-1 tc u -

the hands of im-

generally steady

Importation* of Dry Goods.

S.S

importation.s of dry goods at thii port for the week
ending Feb. 22, 18S3, and since January 1, and the saae facts
for the corresponding periods of 1882. are as foUown:

The

— 0(+^cixxtoot^^
o^/.p^'i
Lfiw" to i;
^Ij-o^u^ — jC/Mxa
w X 1^ o> '^ M 3: x c» ic
S 51 X CO -1 ^ cuo M

:a

ciji/""

•-•

in

porters, and the jobbirg trade has not fairly commenced.
Silks were slaggifh, but a fair business was done in nuns' veilings, cashmeres and fancy dress fabiies, and there was a steady
though moderate call f(ir linens, white good.", embroideries, kid
and fabric gloves, &c. Prices are without quotable change and

w --It
w
CplOWMaoo «
3 a
2 S.

*».

sustained. Wool suitings and sackings, nuns' veilings and
woisted dress fabrics were seveially in lair demand, and leading makes are steadily htld.

octo

ODOM

«>
lO

p

CJ'

H B

c*:

in the foroKOlng totals are tlie reports from Milwaukee.
New lliivoii, I'onland. Biclniiond, Willamette and Yorlitown, the doiails
Januai-y,
1883, being as follows
for
York
ITillaSichrorlJVcw
town.
mctle.
land.
mmid.
Baren.
kce.
Bavlev—
Bu-'bcls
Valiio .*

Included

£
e*

fS

Op

ifi

§:
S:

br cv

S

a

2 e

:

Ft

I

:

:

g

irii

.

fudinu corn
Bushels
Value .»
Indian eoni meal—

20
10

.

BaiTcls

Value..*

eco

to

»—

iX »o »-

OCtCJ-'|Ci-

s

-•

W-Jtw*.CO

loOD

o:o^t>'Cn

X if to ro
en
CO Qo c:
C.

;>)

Oats—

cooxao

ISusliels

Value

.

Kye—

Mp

.$

Bushels
Value .*

Wheat -

O;go4-0D«

tOi"

10

-.0

a: 10

w

tz/

-1

'C cs

to

MtO^OO

SI

OOJ — SO

c

c

-4ca

CC &. to

'.d

.

124.298

Bu-sUcls

Value

.

to

12tf,C25

.$

tO^

o

Wheat flour-

OiX- 1- **
otic JS-'t-*

8,577
41,902

27.200
159,078

27.478
12J,507

41,902
13a,U3l

159,073

10,930

115,8:13

2.i2,222
890,'527

3().1«9
iO.t'SO

88,966
721,659 2.639,701 734.150
199,712 1,158,578 4,211,029

Barrels

Value .$
value*—
.

Qt |U -*

o^ 0; 5i *i

*JtO

»^

TotJil

Jan., '8a.$
Jau..'82.!>

7 months
1883... S

240..'ii0

1882...$ 37U,010

^»0SiO>*

16
c;*

fcbo
^1

—

03cO

^-

M

THE DRY GOODS TRADE.
Feidat,

m
i*-

p. si., Foljrunry 23, 18S3.

X tt o to
(O to X p

O'k.

I

I

aor

» c5

*-o

arj t-*

tscn
»JtO

X to XI

v

!ir>

^.tOOiUOO

CO

k.Vj*:;tto*-

19

tt'C^O^CCtO

taottoo^

M
« lO
XO»_?-i

e

u
(S

<S»1

wxo1^

CI—

n-**.:*

= JO
M~)«
- c x -i
to

There was uo material change in the general condition of the
dry goods trade the past week. The volume of business continued moderate, but a somewhat more
caused by better accounts from the flooded districts in

10 CO
Oi to

CCJ. C•'l»-

*1

•iM

QD-'Xit-O
I

UM

-

M

1

» X c iJ

was
the Ohio

hopeful feeling

and rather more favorable weather in this section of the
country. The woolen goods branch of the trade has been stimulated 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 clothiers from some of

Otu

Valley,

the principal markets in the interior. In other respects business ruled quiet, with the domestic commission houses' transac-

to

XOStOGD

«io«a»3
C3S0CSP-

CO
a-1

or jb

US

^T-t

Ma-QMS

03

3

it.-i

I
'

— 10 =

o'ai'?*—
>3-;'X*-C'

C5
\j

1

krfi3«.*,ca

I

ttcVc X

J-

IO«X v-»

u

&3

f y* *i —

to

\et

1
THE CHRONICLE.

230

Financial.

Financial.

yEW

OF
IB Nassau

tAPITAl,

St.,

JORK,
S.

Bonds.

OFFERS FOR

f..t«i-«sc

on

SECURED BY FIRST MORTGAGES ON
IMPROVED FARMS.

on demand,

deposits, returnable

SAIiE

5 per cent 20-year Bonds, $1,000 each,

U^ltb $1,000,000 SUBPtirS.
.,1,

No. 34 DTAI.!.

Guaranteed, Principal and Interest, by

its

oron specified dates.

CAPITAI. STOCK OF $1,000,000.

UENRY

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 believed to be as perfect a security as can be obtained.

Is a legal depository for money paid into Court. Is
authorized to act as Executor, Administrator, Guar4llan. or In any other position of trust.
Also as Registrar or Transfer Agent of Stocks and
Bonds, and as Trustee for Kjiilroad Mortgages.
F. SPAULDING, President.

B. B.

SIIKKMAN,

i

vice-rresldents.

H. P. BABCOCK. Secretary.
C
CEOKGB SHERMAN, Assistant

Secretary.

Class of

1886.

Chas. l,anior,
George I. Seney,
Chas. G. Landon,

Montague & Clinton

Brooklyn, N. Y.

TRUSTEES:

P. Rolfe,
E. F. Knowlton,
H. E. Pierrepont,
Alex. M. Whltfl,
Henry Sanger,

Henry K.Sheldon,
Chauncey, John T. Martin.

Chas. R. Marvin,
Iiun'I

Jo.slah O.

Kdm'd W.

Low,

Alex. McCue,
A. A. I,ow,

WM.

Corlles

Fred. Cromwell.

MALE,

H.

Secretary.

Metropolitan Trust Co.,
17 Nassau

PAID UP CAP1XAI-,
Designated

$1,000,000.

as a legal Depository by order of SuCourt. Receive deposits of money on interest,
as fiscal or transfer agent, or trustee for corporations and accept and execute any legal trusts from
persons or corporations on as favorable terms as
other similar companies.

preme

'

Co

VNITED BANK SUILDINO,
Cor Wall Street and Broadwar.

S a'f"!! S
OF MOST APPROVED CONSTRUCTION FOB
Bankers, Brokers, Merchants, &c.

Ezcliange Place,
Under the National Bank of the State of New York.
St. &.

>

BostM

Broadway.

Members

of the N. Y. Stock

Dicklnson, ( and Mining stock Eich'sS.

F.

CALiDWELL, WASHBVRW
TOWIVSEMD,
BANKERS AND BROKERS,

UNITED BANK BUILDING,
BROADWAY AND WALL

YORK.

&.

STREEt!

Transact a general Basking Business, including the

Purchase and Sale of all Securities dealt in at the
New Y'ork Stock Exchange.
Interest allowed on deposits subject to sight draft.
C. B.

Chas.

Caldwell.
Townsend, Member

J.

l. C. Washburn,
N. Y. Stock Exchange.

Misccllancons.

Wm. M. Richards, Prest. John M. Crane, Sec'y.
II. Black and W. Hakvky Lke, Inspectors.

Directors— George T. Hope,0. G. Williams, Geo.
S.Coe, Charles Dennis, J. S. T. Stranahan, A. B,
Hull, A. S. Barnes, S. B. Chittenden, H. A. Uurlbut,
W. G. Low, David Dows. J. D. Vermilye, Alex.
Mitchell. Wm. M. Richards.

Dan Talmage's Sons & Co
miEEERS, FACTORS

TJoncls of Snretysliip

AND COMMISSION MERCHANTS

FOR OFFICERS AND EMPLOYEES IN
POSITIONS OF TRUST.

OF NORTH AMERICA.

96 Wall

Cash Capital
Cash Assets over
Deposit with Insurance Department
President

JSOO.OOO
375 000
200^000

Managing Director

Alex. t. galt.

new tork

Edward Rawlings,

IN

RICE,

Guarantee Co.

riie

Street,

New York,

&

14 East Bay, Charleston,
108 Bay Street, Savannali,
41 & 43 NortUlPcters St., New Orleani
10, 12

office:

BROADWAY.

No. 178
New Tohk Dibbctors.—Josenh W.

Dreiel, A.

I.,

H. Victor Newcomb, John Paton, Dani(l
Torrance, Edw. K. Winslow, Enutus Wlman.
Transacts no other business.;
rjopklns,

W.

A.

Beasley
BANKERS
AND DEALBBS

IN THE

Cor. William

Walcott,

i h© bends 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 ofiice, 179 Broadway, N. Y.

DEPOSIT YOUR SECURITIES
State Safe Deposit Vault,

Transact a General Banking Business: Buy and

,

Sir.

Bankers' Safe Deposit

President.
Treas-rrer.

1400,009 00
Capital Invested In U. S. Bonds
260.000 00
On deposit with Insurance Department.. 100,000 00
Officials of Banks. Railroads and Transportation
Companies, Managers. Secretaries and Clerks of
Publio Companies, Institutions and Commercial
firms, can obtain security from this Company^ at
moderate charges.

axrt,

THOMAS HILLnOUSR, Pre,slder.,.
FKEDEIUC D. TAPPEN. Vice-President
WALTER J. BUITTIN. georetarr;

Co.,

BANKERS AND BROKERS
No. 3 Pine Street, New York.

Frank

FIDELITY & CASUALTY CO.

New Tork.

St.,

&

C. Walcott

J.

Jos. C.

Assets

This Company is authorized by special charter to
act as receiver, trustee, guardian, executor, or administrator.
It can act as ajjent in the sale or management of
Teal estate, collect interest or dividends, receive
registry and transfer books, or make purchase and
aale of Government and other securities.
Religious and ch.iritabie institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
tor money.
CHAS. R. MARVIN, Vice-President.

John

J.

NEW

BUY AND SELL-ON COMMISSION
GoTernment, Railway and UlUceUaneous Securities.

and Chicago Stock Exchanges.
Brancli Office, 320

Baxter Upham,
oilman s. moulton,
Chakles L. Flint,
vice-presidents.
Thomas Wigglesworth, Geo. C. Richardson,
John Webster,
Blisha Atkins,
Amos t. FHOTHiNonAM.

OF

STREET, NE\r TORK.

Sell on Commission, for cash or on margii). all
gecurU
ties dealt In at the New York, Philadelphia,

Bonds of {Suretyship.

H. Webb,

itea. P. Olcott.

sts.,

Information will be sent on

CHARLES L. FLINT,
J. F. F. BREWSTER,

The Brooklyn Trust Co.
Cor. of

full

E. Elleeton PitATT,
l d. faknswobth,

David Dows,
George W. l^ane,
Benj. B. Sherman,
J. Pierpont Morgan,

Wm.

pamphlet with

43 iniLK STICEET, BOSTON.
directors.
Henby saltonstall, Austin Corbin,

BOARD OP TRUSTEES.
tJtASS OF 1884. Class of 1885
A. A. JjOW.
S. D. Babcock,
Fred'k H. Cossltt, I. N. Phelps,
Jac'b D. Vemiitye .Ino. Thorne,
Wm.Allcn Butler Amos H. Eno,
Gust'v Schwab
Percy R. Pyne,
Wm. H. Appleton ,1. P. Wallace,
Edm. W. Corltes, JosiahM.Fiske
Geo.MacC.Mlller, H.F.Spaulding
Cornelius N. Bliss J. S. Kennedy,

A

application to the company's office.

w. c. Mckean
Member of N.Y. Stock Exob'ge.

& McKean,

Lloyd

Mortgage Security Co.

Cor. of Pine St.

$1,000,000 in U.

I'^iiiuncial.

Joseph P. Llotd.

The New England

Company

Central Trust

XXXVI.

[Vol.

&

Co.,

THE

TO
BUSINESS PUBLIC.-Tho subjoined
table shows the total circulation of the several
editions of
SUN for 1832, as compared with the

IN

THE

IKVESTMESTT B O IV D S
New

No. 98 Broadway,

BURGI.AR AND FIRE PROOF.

A MILLION A WEEK!
corresponding figures of the preceding year

,

188*.

1881.
39,701,101
SUNDAY... 7,414,114 SUNDAY... 7,037,6»4i
WEEKI.Y 3.443,-.2«0 WEEKLY.. 3,498,154

DAILY

York.

44,«r8,6.'J6

DAILY

33,336,030

Total

.

We

AMERICAN
FINANCE COMP'Y,
& Nassau
T

6

Street,

-

.

$1,000,000

SOUND INVESTMENT SECURITIES
to Corporate and Private

furnished

Investors.

CAPITAL FURNISHED OR PROCURED

for

BallToad Companies having linos under
construction
and their bonds purchased or negotiated.

FINANCIAL NEGOTIATIONS

conducted

Counties, Towns and Cities, and for Railroad
panies and other Corporations.

for

IZATION of Railroad Companies and other Corporations whoso property Is In the hands of
Receivers or
Tnutees.

WILL BUT AND SELL INVESTMENT SECUR.
ITIBS on Commission.
WILL BUY OR SELL DEFAULTED BONDS or

convert them Into interest-paying investments.
Circulars and other Information furnished
on

ap-

plication.

C.

W.W. P.

SHORT, President.

WATSON

bon«l8

CHOICE

Railroad

on desirable terms to

buyers and investors.

Sce'j-andTrea*

Total

<

...30,330,919
were bought and read in

Five million more SUNS
1883 than In lasi. The average circulation of the
several editions during the whole of the past year wm:

DAILY

Investment Bonds.
RAILROAD BONDS,

FIEST-CLASS

PATINQ
5 Per Cent to 7 Per Cent
PES ANNUiT OS A.MOUNT ISYESTED,
FOR SALE BT

TOBEY

dc

KIRK,

BROAD STREET, NEW YORK.
IBEFAVIiTED SECURITIES

No. 4

Com-

WILL CONDUCT THE FINANCIAL REORGAN-

JOHN

line of

New York.

Street, Philadelphia.
Portland Block, Chlcaso.
-

a large

SIX PER CENT

ai South Third

Capital Stock,

offer

taken in

payment

at full

market

rat^s,

R. A. Lancaster

when

&

desired.

Co.,

BANKERS AND BK0KKR8,

66
_,

BROADWAY, NEW YORK,

. „,
V^lrat-ClasB

DBAl.ERS IN

Investment Secnrltlea.
BONDS, STATE. CITT. COUNTY
^YW^,?*.S?T
RAILROAD
& MISCELLANEOUS SEcfTRITiSs
Bought

and Sold on Commlssloa.
^/J.'P""' Tax-RetxivatiU Coupons Souolit.

SOUIBEBU SECURITIES ASPEQIALIT
LOANS NICUOTIATHD.
Uiln BSI AlioWJtD ON

DJSI'OSITS.

SUNDAY
VTEEKLY
THE SUN has advertising space

compact form, anadvertlsment

in

to

143,200
141.810
66,318
sell.
From Its

j
'

\

THE SUN Is morel

readily seen than In the blanket sheets, hence a few!
lines In its columns will serve to attract the widest (
SUN,
attention. A five lino advertisement in
costing only two dollars, rcaolies over half a million
readers. This is unquestionably the cheapest and
most efficient mode or attaining publicity ana procuring customers anywhere obtainable.

THE

ADVERTISING RATES.
In Daily and Sunday Editions the price of advertising Is Forty Cents per Agate Line. Large type Eighty
Cents. Reading notices One Dollar and Fifty Cents
on third page aud Two Dollars and Fifty Cents on
first and seccjnd pages, per Agate line.
In Weekly Edition the price Is Fifty Cents per line
of Agate space, without extra charge for large tvpe.
For preferred positions. Seventy-live Cents to Two
Dollars per line.
SUN, 186, 168 & 170 NASSAU ST., N. T. CITY.

THE

W. W. Farmer,
MONROE, LOUISIANA,
Counsellor,

Solicitor and

Attorney.

Practices In the District Circuit and Supremo
Courts of the United States and of the State, in al
classes of cases. Has no other business, and devotes
bis personol attention and all his time txcluHvtl)t\
ids profession. Refers to Hank of Mouroo,
t

j
|

i

IHK CHKOMCLK

FiOBHUAJtv 24, 1868.1

viiMinetal.

riiinnclal.

Staples,

WALL STRUET, NBW YORK

Ho. II

raONTAGCU

Coleman Benedict 8c Co.

AND

iiT

Knilroad Stocks and

Investment

for

Complete KlnuiicUd ItopoH Issued weekly to our
r«r»o»Dondont^.

no.

IN.

II.

l>nCNTI8S,
Ctruu B. Stapubs.
Y. Stock Kxehonire.

Member N.

Mead &

F.

I.

Co.,

Son»

WALL VrBKBT,

«•

Je

»SiW>

Ql/CEN BUILniNO,

Wm. P. Humbert &

VO^K

Cos^.

BANKERS AND BROKERS,
Wm.

New York.

RDWABO

IlnMBKRT,

p.

Member N.Y. Slock Exch'ge,
Member N.Y. Prodnee Bxoh'ce.

B.

BEXBDMaL
"•--uioii.

Geo. K.
NASSAU

ir

Buy and

Sons,

Sistare's

received aod INTIiiltBST allowed on

balances.

QOVEKNMENT, MUNICIPAL and

sell

RAILIIOAH Bonds.
Private telegraph wires to Provldenoe and Boston

Q, B. TAINTOR.

HOLT

OBO. U.

ST.,

NEW YORK,

DEALERS
Bay and

Sell

IN

INVESTIHENTS^

FIRST-CL.4S8

un Commission, for cash or on mar*
the New Vork Btock

gin, all secnrlties dealt In at

H. Smith,

Fred.

BROADWAY, NEW YORK.

80

&

IIKOKKRS,

No. 7 Nasean Street,

WAI.I, HTUEET, NEW YORK.
TUANSACTaOKKKKAIi BANKINO business.

STOCK UIIOKKUS,

irmaeh Office with PriTate Wire at 88 West Twenty
Tblrt Street.
But and sell on comnalMion for inrestment or on
naisln, all aecurlttea dealt In at the New Vork 8to<!k

Roe. 87

a tlvM

No. 10

DUPOSITS

PAPBR.

IN THlfl

J,

Humbert

BAHKERS AND

Holt,

BANKERS,

BKOOUL.YN SECURITIES
DEALT

&

Taintor

Bonds,

AM> ALL KIKUS Or

OAS (JUOTATIOMS

E-YCHANtJl!.

Jonir

N. V. Stook Kzoh.

E. C.

ltO\DS.

T STOCK

N.

HtTMBBBT,

VOKIC,

A strictly oommlaslon bastnoss conducted In the
purchase and sitto of stocks and Bonds on Jidartfln

OAS SECURITIES,

nm

NEW

.\9itt

MISMUKKS OK THK

GAS STOCKS

treet

STOCIi!^

DROOKLYN.

C

Member

No. 2* BKf)AI) BT.,

ST.,

B.

I8S4.

ANI>

SOS

l-lnnuflal.

KnTA ULIHIIKO

&

Prentiss

r«

Bzchaufttt.

STOCK AND BOND BROKER,

i

'

20

BROAD STREET, NEW YORK.

Interest allowed on dally balances.
All deposits subject to obeck at sli{ht.
Particular attention to orders by mall or t«l*

grapb.

Kxcoan^e.
itTu. Lear.

I.

Member

F.

Mead.

Bxch

N. Y. Stock

Dykb Pearl,

PCAUL.

ic

T. H. Curtis,

Member N.T. Stook Ezeh.

&

Pearl

Co.,

ried

BANKERS AND BROKERS,
BROAO STREET, NEW YORK.

16

bought and sold on commission,
•'rest allowed on depoftlt» subject to stght draft,
'era of Inquiry cheerfully answered.
'<>cluan(l bon<lB

John

&

James

S.

Co.,

Couimis.sioii Stuck Brokers,

NEW YORK.

lU ni{0.4D STREET,

No.

Wabuen

Jame!>,

loii.v 8.

V moor N. Y. Stock

T. James.

Excli.

Bonda, &c., boujcht and

rka,

add

for caah or on

uiurKln.

&

Oilman, Son

Co.,

BANKGRS,
Hi

Railroad Securities a Specialty.
Intimate knowledfro of all for post fifteen yeiirs.
Information cheerfully given. Investors or dealers
wishlnif to buy or sell are Invited to conimunlcnto.
All stocks dealt In at New York Stock Exchange cur-

I'Kwvu NTKEirr.

on

mjirgina.

Fred. A. Brown.

HXKiiEiiT P.

Brown.

Walston H. Brown & Bros

sell

a General BanklnR Qasiim&s, btij
OovernineDt Bonds aod lnTe8tn.ent Seccri-

JOBM

George Stark

&

Stark

F.

Co.,

BANKERS,
No. 33 Nassau Street Ncnr York,
TRANSACT A GENERAL BANKINO BUSINESS
AND BUY A.Nl) SKLI. INVESTMKNT

'tles.

THOg. A. Vtse.
C. C. Bboun.
W. K. D. VrsK, Member N. Y. Stock Exchange.

&

Vyse, Son

Broun,

ANKERS AND BROKERS
Ko. 3

WALL STREET, NEW YORK.

Btooks, Bonds and Government Secnrittea booKht
Bd sold on commission. Interest allowed on ae*
"" subject to check at siKht.

&

Cahoone
H; 8

fiew Street

ic

Wescott,

No. 82 Rroadway,

GOVER\ilIE!VT BONDS,
atOCKS AND I.NVKSTMENT SECURITIES.
TIIflE LOANS NEGOTIATED.
Btephex Caiiouse, Jh..
wm.•»•"«'>»."*'.
p. Wkscott.
Member N. V. Stock lixchunge.

&

Pollock

S5 NASSAU STREET. NEW YORK.
Bay and sell on commission, or carry on mareln. all

MortUcs d^ilt In at the
Wit. Pollock,

Now York

60

&

J.

(

ao

Co.,

& Inrestment Securities,
EXCHANGE PLACE. NEW YORK.

aukeU

Member

Bonds

"•*"'•"'

'"'

">• -london and Earopoan

CO.),

NKW

YORK.

Stock Ezcbanca.

Stocks and bonds bought and sold on oommisaloa
Collections

made

lA

John B. Manning,
BANKBK AND BUORER.
No, 6 Wall Street,

New Vork

Clty^

SOIJTHERN SECURITIES

Co.,

NEW YORK,

and Kallway Hondnand Coupon**

boa^btand

sold at beat market rate^. Investors or
dcalerd wishing to buy or sell are tnvUcd to comioualz'iiii

wilii us.

Metcber of tbe

Wm.

New YorR StocK

Bxciiange.

Fisher &
BANKERS.

Sons,

And Dealera In Oovcrninente, Stock*
and luveetmeut Socurltiee,
Opposite Second St

,

32 SOUTH STREET,

BALTiniORE,

IHD.,

Have Western Union wires in their offices, bymeans of which inimeilliito communication can be
bad with ail commerclul points in the country. Kapedal attention given to purchase iin<l s;ile of Vli^
ginia Consols, Ten-forties, Deferred and all issnee
of tbe State, and to all classes of Southern State.
T'ity and liullway Securities. Correspondence aollcltod.

George

&

Eustis

Co.,

BROKERS

Wm. M. EARL,

A. H. Dayton. Geo. H. Statneb
N.Y. Stook Exch.
Special.

CINCINNATI. OHIO.

&

Dayton,
SPECULATION AND INVESTMENT
IN STOCKS AND SHAKES
BANKERS AND BROKERS,.
Earl
tf

TO

\riTH A raiNunvn risk.

D REX EL BUILDING,

S9

New York.

EXPLANATORY BOOK,

STOCKS ANP BONDS BOUGHT AND SOLD
STRICTLY ON COMMISSION

and post free upon application.

Just

pubUshod,

»*<»

OPERATORS IN STOCK EXCHANGE SECURI.
TIES should test this system, by which

N. T.

Beers, Jr.,

Kroolilyn Sccnritlcx, City

Bonds

Gas Stocks, dec,
1

NEW STBBBT,
NEW

STOCKS

YORK.

and

BONDS

At Auction.

N. Y. stock Exotaanxe.

&

ST.,

&

In all socuritlos listed at
Execute
New
York Stock ExcbaoKc. I'r>r Sale,
First-Class Uailuuaii " 1st MoRXaAGB Bonds.
GEORGE C. WOOD.C. H. IIUKSTI8. L.M.8WAN>

Wierum,

EXCHANGE PLACE,

Pondir

Huestis
PINE

31

No.

^JOBRPOHOIB. KODABO MERTENS. ACQ. M ATBAR

stocks,

.MOltTUAGKS,

BANKERS AND BROKEKH,
succxssona to
^VOOD A DAVIS.
orders
the

BIXBT

Brokers in Uallroad Stocks and Bonds,
OOrBRlfXEA'TS 4 FOJIBJOA EXOUAXOE.
Member

Wood,

Stock Ezchaiute.

A.

Y. stock Exchange.

Randall

KAUM

.\.NI)

Benrlng 7 to .S |»or rent Interest.
.MC.NICll'AL BONDS.
Circulars with full particulars mailed on application.

WESTERN

Bixby,

ANKERS AND BROKERS.
Mombor N.

rrv

<

ST.,

New York

of

State, Municipal

George Stabk.

WESTEitN

NASSAU

A SPECIALTY.

SECUKITIES.

in addition to

21

for cash or on approved margin.
United Btates luid Kurope.

RAILROAD SECURITIES.

H.ivc constantly on hand and for sale

and

&

Member

BANKERS,
No. 20 NasMto Street, New York.
SPECIAL ATTENTION GIVEN TO TUB NEGOTIATION OF

LIMBERT

A
BANKER AND BROKEB^
(Late

19

Walbtos H. Brown.

H. Bachem,

C.

The Undersigned bold REOtTLAK AUCTION
BALES o{ aU doisea of

STOCKS AND BONDS
ON

WEDNESDAYS AND SATURDAYS.

ADRIAN
No. 7

If.

PINE

HULLER
TSEBT,

At

SON

NEW TORE.

large proAte
a<B real Ued, and the possibility of losses reduced t*

annmmmn.

OPINIONS or THE PRESS.
CicU Sfrvlce Oazettt—"1h» system reoommended
by Messrs. Uutteridge A 0>., Is easy to commehend
and safe." John Ku^l— **Ad easy and apparently mSm
system, worthy of public confltlcncc." t uitrf Jowmal—
**An excoileiii way of spcculatinK. ably set forth
rirlltin—"Ad nt«restlnK book. This system commends Itaell as being a v^ry safe one." Xtwt oj tht
Wtirli—" This book Is well worth reading. One c*a>
not do better than reuin their jervlcea."

W. GUTTERIDCE A

CO.,

DRAPERS GARDBRB
London E. C. Engl and.

SWORN BROKERS.

NO. 7

Chronicle Volumes
WANTED.
Volnmea

1, 2, 4,

8, 9, 10, 13, IS,

16, 17, 18, 1», as
A»ply wt PnWleatlon OBce,

and

IC^

86.

W » « WUlIa» Bb.

THE CHRONICLE.

ni

UNION

OFFICE OF THE

- --PORTLAND
ORGANIZED 1S49.

NEW TOEK, January 25, 1S83.
The Tnistees, in conformity to the Cliarter o!
the Company, submit the following Statement
of its affairs on the 31st December, 18s2;
Premiums on Marine Eisksfrom
1st January, 1882, to 31st De-

$l,412.C93 58

cember, 1882

1.&1G,814 85

Total Marino Prcmiam3

5!5.92U,533

4.3

$4,390,305 00

1882
durln' the same

Ix)8ae3 vaia

$2.013. 767 35

period

Returns of Premiums and Expenses

City,

£o

viz.:

1,755..S75

ccivable
in

$13,171,675 02

Amount

SIX PER CENT INTEREST on the out.standIng certlllcatcs of prollts will be paid in tl'-O
liolders thereof, or their legal lepiesciitativcsi
on and after Tuesday, the K;xth oi I'euiuary
next.

THE OUTSTANDING CERTf FICA'I

I-.S

of

the issue of 1378 will bo redccmeii auil paid lo
the holders thereof, or their legal rcpve.icinatives, onand after Tuesday, tue Sixth or tubruary next, from which data all interest liiyroi]

The eertiflcntea to i>e produced at
the time of paj-ment and eauceled.

will cease.

A DIVIDEND OF FORTY PER

'JEN'I

U

declared on tho net earned promiain^v i*( the
Company, for the year ending 31 st. Uctontier.
2882, for which cortillcatcs v.-i'.l be iftsuedou
and after Tueoday, tho First of May nezi.

the Board,

J. D. Jotica,
CHiarles Dennis.

Horace Or.ir.
I'MmuDd W <o

W. H. n. Mooro,

.lohu Elliott.

Lewis

Adoipli Lemoyti
i;obt. B. Mintiu'u.

Charles

II.

A. A. Raven,

Wm. Sturgls,

•=»i.-)!.w

Younss,
C. A. Hand,
John D. Hewlett.
William H. Webb,
P.

Boston,

M;;:

" lis Value Increases Every Year."
Churchman, X, Y
-^ THE«:nF,ATEST LIVING
Prof. ]>lax
V A utlioi'H. Niich
niulloi'. RiL'ht IIoii. W. K.
lit*

I

^

^

A, FrociiiJin, Prof,
Ciirpcn'
Po^vcr t'obbe,
jl'iolessor Goldwin Suiitli,
Tlie Dulfo ol Ai'iryll, Wni,
iUiss Tlinckeray,
IllacU

Teuiiyson, jtrovuiuK,

ASSETS, $95,000,000.

COTTON SAIL DUCK
And all kinds of
CANVAS, I'ET.TIN'G DUCK, CAR
CO VBUING, BAGGING, UAVE.VS DUCK, SAIL
TWINES, &C., "ONTARIO" SEAMLESS

COTTON

'

BAGS, "AWNING STRIPES,

j

Also, Agents

UNITED STATES BUNTING

CO.

A fall supply, all Widths and Colorts, always In
No. 109 Unano Street.

Fabyan &

stock

Co.,

New

York, Boston, Philaclclphia,
SELLING AGENTS FOR LEADING BRANDS

& BUEACHEO SHIRTING^.
AND SHEETINGS,
&0.

&

Herring's Safes.
TSiE

CSIAMI'<0\

IN

many

ItuNkin.

others, are re-

Littell's Living Age.
Age

I.ivrNQ

hns bc&n published for nearly

forty ycurs, I'./iU luia met with continuous commenand success. Weeld], Magazine, it giyea mor&

diition

than

THESE AND A QUARTER THOUSAND

Co.,

Manufacturers and Dealers In

Bliss,

iiml

in tlio p;iae8of

pro^entfd

The

Cardt*.

Brinckerhoff, Turner

&

\V.lI.>lullock,W.W.!«tory,

Maltbew Arnold,

14Tn, 1S42.

ALL GREAT

KECOUO
FIRES.

double-column octavo piiKosof reudluR matter yearly. It presents in an inexpensive form. considerir.K
its groat annuint of mp.ttor. wltli freshness, owinn
to its weekly issue, and with a satisfactory com
pletenesa attempted by no other unblication, Iho
best Essays, Ueviow.s, Ciiticisms, Serial and Short
Stories. Sketches of Travel and Discovery. Poetry,
Sclentiyc. Biopraphical. Historical and Political Information, from tho entire body of Foreign Periodical Literature.
It is therefore Invalu.ible to every Araericjin
reader, as tlie only gatisJ'.ictorilv fresh and COMPLETE compilation of an indispensable current
literature,— Indispensable because It embraces theproductions of

THE AllLEST LIVING V/RITERS
n ali bniuchos of Literature, Science, rolltlcs

and

Art.
" LITTELL'S

held thi

LlTIXO AGE has now for many y

flr-st pl-.ice

of

curse'ial publlcitl ns.

a'l

... "There

is nothing noteworthy in science, art
literature, bioRrarhy, i>h:l080Dhy, or relipion, tha',
cannot be found in it."-^7u; Chmchman. A'«i> TorH.
" It stands easily at tho bead of its class and do-

sery js its prosperity."— TJw Coiioregationalist, Boston
" 'J'lie ablest essays and reviews of tho day axe to
oe found here."— iTi« Pralylcrian, PhVadelphia.
"It enables Its readers to keep fully abreast pt
the bMt tluiuglit ami literature of civilization."—
putstitrg Christian AiU'ncate.
"There Is no other way of .procunnp the sanil
arnouut of cxcelleut litera-ure fir anything like
Lh

r.aaiei.rico."-JMs!'m.-uiOTtisr.-.

".N„ ether pcrbjdlcil can conii:are with it in in
and value."— IJosIon TruK If r.
,.,,,,_
'•>o reader wh..n>aK-.B himself familiar with 113
Clients CJm lark (he moans of a sound literary
eulture."— ,Vew Vf.rt Tn-iuiif.
,„„.,,,,
• • •
" N'o otl'or pubhcatloa can supply Its place.
• It c.m-uliis i.ot only the be.-t sold l.t.M-.ilure but
tae day."— ilpiscopa
ai^'i the lic-t Eorlal stories

terest

.1;

n'nd 'the' hes' pr.nSuollrni of the b;st
in all subjects raady to our hau' .

we

''""'I'nTt

up

writers

Wflk'tta.

—

every housiholJ wliaro
keep I'P with the cuireiit

'it'll lndi"pc'^s.^blo in
anv ;.i.toip|.t is niailo I.i

D. Lovenob.
William Cryee,
William 11. Fog;r.
Thomas B. Coddlngton
Itor.ice K. Thurbor,
William Degtoot,

«.0ii'.ic8

th.umht of lhcday."-H.<rl.^eni

A-,
tl-.ns
"•'•"a

lui-.cli

as at

In tlio
Its start,

i.;'""'"'-

^^.,,„^
orefront of e.ec'.l; publloi
lorty years »-o."— ti iciim^itl
_

.

'''much a necessity as ever."-rft«

Advene,

rds the i-es'., Ihe obo.n>c'3t, snd most coa.vit.i t le prof?vcnier.t moans of «»eplilK abi-easphase-. '-.N.).l/l Amcriresri .if tlDii.ht la all l.s
'''""it'air

John L. Riker.
N. Denton Smith,

'"•'The'i'rtat'cc'ectlo of the worl !."-.Vorni;i3 Star
irinifiifft ", -V.
„ .„
" The best of magazines to s-abscilbo to. -Mont

<-'•..,,

D. JONES, President.

SARINS DENNIS, Vice P^e8ldon^
W. n.:,n. MOORE, 2d Vice-President.
.A, A. RAVEN, 3d Vioe-Presldect.

M

Mill ock-Crnili, Geo.
!>l.tcl)uiiii{tl, tfi-M. Oliphniit,
Jenii liiyrclow, Th-'M-Iliirdy,

Rates Lower than other Companies.

Commercial

l'.«l,v;ir<l

n-r, France-.

WMENT POLICIES

ORGANIZED APRIL

(^liiiUtoiie, Ja». A. Fronde,
l*ror. llu.xley. It. A. Proctor
T.vii:!al|, l>r, \V. IS.

r. S. WINSTON, President.
ISSUES EVERT DESCniPTlOS OF

Charles P. Burdett.

JOHN

Co.,

IWffs:.

St.,

Pnl)lica»lons.

INSURANCE COMPANY
OF NEW YORK.

Marsl:ail,

Georije W. Lano.
p.'ifi'.ii D. Morgiir.,
.> »*.tie6 U. Do Focoiil,

Xbomaa

Washinffton

New York Hiding School,
211K. aiTH St., NiwViiTuiHD A\

MUTUAL LIFE

ii.BOWN

TRDSTEEBi

Bonjamin H. Field,
Jjsiah O. Low,
William E. Dodge,
Royal Phelps,

TItc I*opc
6-12

Sco'y.

Hosiery
.QiiiltSjAVIilte Goods
Drills, t^Ueelings. dc, fvr Exporl Trade.

James I/)w,
David Lane,
Gordon W, Bumham,

Bicycles.

In daily use by doctor.^,
lawyers, ministers, editors, roci< hunts, &c., &c.
Send 3-cent stamp
for clepantly illustrated 36-pa-o
caluloffue to

A. FOSTEli. .Medical Director.

PRINTS, DENIMS, TICKS, DUCKS,

Curtis,

Columbia

President.

DANIEL SHARP, VifP-Presldent.
IIKNRY D. SMITH, Secronry.
NICHOLAS DK (4K00T, Assl

Towel

Charles U, Russell,

AVIiKc Mi's. Co,.

Thousands

JOHN E. DeWlTT,

H. CIIAPXIAM. Bezntarr.

J.

CO.,

BOSTON.

Saratoga Victory Mlg. Co.,
Hosiery and Yarn Mll<«,

DOLLARS,
SEVEN MILLION
And for Dividsnda,
NCARLV FOUR MII-I,IONS.

02

3u4.t)23 85

E an k

By order of

Sc

CiiAUNCEr Street,

15

New Mills,

Eilerton

Paid Death Losses, since Orpanizntion,

LIFE (& END

Bank and

$8,971553 00
other Stocks
Loans seeored by Stocks and
1.575,.''..00 00
otherwise
Real Estuto nr.il Claims iliic the
531.118 15
Company, estimated at
Premium Notes anil Bills KoCash

SAAVYER

AGE>rrS FOB

;

$ 823.30t

The Company has the following Assets,
United States and State of New
Tork Stock,

E. R. ITIVSGE,
A 45 White Stkeet,
NEW YORK.

from 1st

January, 1882, to 31st December,

43

$24,083,551.

THOMAS

Motley,

SFCCESSORS TO

Ocean Mills Co., Atlantic Cotton Mllln,
Pcabody I>III1h, Clilcnpec Ml'tr. Co.,

$G,264,21S S7
Assets
678,545 S3
Surpln8(N.Y. Standard)
6,876,901 76
DeatkliOssesFald - 3,996,441 27
Dividends Paid - • 13,725 Policies In force, lusuring

Premiums on Policies not mailted
oirist January, 18S2

MAINE.

DIBBCTOKS' OrFiCK

Mutual Insurance Co.,

&

Joy, Lincoln

Mutual Life Insurance Co.
OF MAINE.

ATLANTIC

marlreil c(I

Commercial Cnrdi.

Insurance.

Iiisiiruitcc.

Premiums

[VOU XXX\I.

"^'i-'iiofishcd

OO

IIEI1I?^I]NG^
251

&

25a Broadway,

New

York.

mekW

or

£«»

orfor $9 50

at

H-Eri(i,v

orfor *I0 60
Src of the American
nn^Iiiee:

r) will

.

f 8 00 per year, free

TuK Living aok

U Slonthlles
be sent for

TUB Living

or Lt^pincDlCii Month::/.

(or

PO''I'»«
"m^.
it. AicAola

.^0K and the
Adlrcss,

tlTTELIi

Sc

f

and anr
Uirper^

CO., Bcston.

'i
,

Pbbrcart

THK (HHUNICLK.

34. leSB
I

Steamahlp*.

Publications.

Cotton.

ONLY

E.

Direct Line to

&

Jemison

S.

BAnK

France.

Co.,

B

A>0

[Mow

GENERAL TRANSATLANTIC CO.
OOrrON COMMISSION MRRCHA5T8.
Between NRW YORK and HAVRE,
Slip,

Uca«ly.|

Pier (new) 43 North Blrer. foot of Mort«n St.
TniTelers by tlili llnesrold botli transit by KnKliBh
dUcomfort* of croMlnx tbet'liannel

No. 10 OI4

rrom

ilatlwu7 and the
tn a nnitill b<rat.

Bat.. Feb. M. 4 P M.
Wed., Feb. 88, « A M.
Wed.. March 7. 8 P.M.
Wed., May 28
NOUMANl)IK(new)
Pkicb of I*akhags— (includlns wine): To Ilarre—
Flrnl cabin. flOO and (80: aecond cabin, tOO: steerRea4ie. tiitv-tncludinK wins, beddlnii and utennllfl.
turn ticjietfl at verT redoced ratea. Chcclta on llarque
Transutlantique, Havre and Parts, In amount* to suit.

PKIIIKKK, Berrr
AMKItlOl'l';. Santelll

CANADA.

Financial Review,
lANNDAL.)

The Compaj?nie

ISS 3.

Its

In

ofllct!

from Havre

Havre

to i'url.s. HuuKKKe diet-lted throiiKli t<» I'arls
without examination lit iluvre. provided puHHenirers
bavG the annie delivered at the Cumpany's IJocli In
New York. Plor 42 North Ulver, foot of Morton St.
at least two hours before the departure of a steamer

OF

Kdward H. Coates& Co.
INFORMATiOM

BUCCXSSOBS TO

116

8PK<nAI,

I

ollon

EachanEe Balldlns,

Market and Bank Retama

ami

rniportfl

London— Review

of
of

in .-^ew

York, 1871-188**

Money

in a Sei'tet* of Years.
Talile Sliowineilie Rate Per Tent Reallied
on Seenritles I'nrehasedal different prices
iwltlinnt re^rard to date of maturity.)
Slock Siicoulation In
York.

New

I'nlted States Dent and .^ecarlttea—
Debt of the United States
Prices of U. 8. Bonds. 1860-1882.
Slate Debts and Securities
State Dcl>t« and Immnnlty from Proseontlon.
Prices of State Securities, lS60-18aii.

M

DANA & CO,

PUBLISHBRS,
&

81 xrilllam Street,

New Tork<

No. 12
OoK Water

COMMISSION MERCHANTS,

&

Co.

COTTON BROKERS,
Orders for Spot Cotton and Futures prompts

Campbell,

Cotton Factors,

VICKSBVRG, niSM.

Felix Alexander,
COTTON BROKEis,

AVeVSTA, OBORQIA
ICnttre attention

given to pnrchase of

COTTON T

BPINNKKS and KXI'OKTKKS
COBSSSPONDBliaS SOUCITSD.
Beferences :—Natloial Bank of Aagnsta, OeorKi
Henry Hentx * COh Commission Hercbanu Ne.
Vork; William B.Dana A Co.. Proprietors COHMa
m*T. Awn Fnr&soiAi. CKBOxiOLa. and other Ne
York Houses.
IJUDKK

for

88

CO.,

__

HofFmann,

F.

COTTON BROKER AND AQKNT,
RCE DE L.t ROCRSE, HATliB.

&

Geo. Copeland

Vork,

executed.

&

LIVERPOOL,

BABCOCK BttOTUERS *
50 Wall Stkcst.

Co.,

Special attention Kiren to the purchase and aabof contracts for future delb ery.

Parisot

SLIP,

NEW TORK,

Receive const (cnni en ts of C itton and other Prodaes
and execute orders at the KxchaUKes In Lirerpool.
Represented in New Vork at the office of

&

New

OLD

Street,

17 Water Street,

YORK.

COTTON COMMISSION MERCHANTS,
97 Pearl St., New York.

111 Pearl Mreet,

Co.,

F.BABCOCK&CO.

Norfolk. Va.

Dennis Perkins

&

Rountree

COTTON COMMISSION MERCHANTS

B.
new

Post nniLDiNo.

Wm.

Price of the ReTlen^, bonnd In clotb, * 99
of the Commercial ( * ju
and Financini Chronicle, . . - . J * «•»
Postage (when sent hy Mall,) • « • •
If

B.

uce KxchanKes.

Place,

WOOOWAKU

Railroad Statistics of the United States.
Rail load Eamincs.
Priiesof Railroad Bonds, 1878 1882.
Tlie New York Stock Market. 1S7S-1882.
Prices of Railroad Stocks. 1878-1882.

To SubAcribers

THK EXECCTIOB

And NORFOLK, VA.

Orders to pnrchase Cotton in our market solicited.
* 8TILLMAN
Refer to Messrs.
Ne w York.

Aallroads and their Seen ritles—

WILLIAn

m Exehanike

.•'pecnftitlon—

Coinponnd Interest Table. Sliowins Ac«amnlarionB of

&

Dancy, Elyman

F.Tchange—

iDTratmrnts and

to

t«

Loans and

Prodiiition. lixports and Imports of Gold
andiiilver lu the United States and abroad.

MaiKet and Prices

GlVEII TO

ORDERS FOB FUTUEE CONTRACIB.

Special attention Rlvea to the purchase and sale of
contracts for future delivery co the Cotton and Prod-

COMMISSION MERCHANT5-

:'Iarkct—

Gold and Slver—

F>>reiitn

ATTENnOH

La.

fW

HYMANS A DANCY,

InOitenre''. and Prices of Call
Coiniiieicial Paper Since 1871.

New Orleans,

Tci'k.

Special attention civen to the execution of
orders for the purchji..e and sale of Cotton for future
delivery. Liberal advances made on conslKnmeuts.

AND

Movements.

States— Foreign Commerce. Trade

.'»loiie»

YOitH

COTTON FACTORS
acl

Commercial -

The

NKW

& Gwynn,

Fielding

t'ltj— Biiiik Re.tiirns, Ao.

S. lixporta
Aitl<'les.
jftiir, Hank Keiurus, ito.

8T.

Baily,
COTTON FACTORS
AND COMMISSION MERCHANTS,
No. 89 Pearl Street, New York.

Special attention Riven to the purchase and sale oi
Future Contracts.

CONTENT Si

CI.

OF

CoUou Commissioii Merchants,

liivestovs.

l-e!uliii>!

New

CHESTNUT STREET,

Robert Tannahill& Co.,

.^leroliauts,

FtjTorefi

ORATISK

186

ST.

Cumming &

$tock Bi'okers,

HalaiioB,

PEARL

123

PHILADELPHIA.

Uiiitc.l

Mohr, Hanemann & Co.,

C1.AGH0RN IIKRRINO & CO,

Na

Retroaprrt of 1S83.
nercanlile Fallnre*.
Banklns and FinancialUnited Siatpa-Natioual Bank

COTTON BROKERS,
BBAVBR STREET, NEW TOBK.

58

tOTTON COMMISSION MERCHANTS,

FOt

l/<>ii(ii)ii— Jloiiey

WALTER & KROHN,
Wh.mohb. b.w.bahhiank. CLmusruoRas

C«ttoii.

Ciirciiitcy

NBW

88 WILLIAM STIIBBT,
YORK.
Members of Stock. (Vitton and Prodaos BzebaafS^
Ordera In " Futures" axeootsd st N.Y.Cottoa I

No. 6 BonrlinK Green.

A YEAR BOOK.

Nbw YoiU

&

H. Tileston
Co.,
COTTON, STOCKS, BONDS, *«.,

to Parts.

(>encrale Transatlantlque delivers
npectul train tlrliOtH from

New York

LOUIS DE BEBIAN, Agent,

FINANCIAL

JemlaoB, Groee A COb, GalvettoB, Texas.

.

.

KranBuol

Special Train
at

Aasr Vork.

BROKEB8,
MTRE'RT. N RtV

C6'.,

OOTTO:!!

I3H

PEAR

I.

VORK.

llIi§celIaneous.

&

Wheeler,
Bullard
119 mAIDBN LANB,
NBW

YORK.

BAGOIIVO AND IROIV TIES,
(FOR BALING COTTOtJ.)
Asents for the followlnir brands of Jute Bacslnr
"KsKle Mms,""Brooklyn City. ""Geo r(ria,""Carorina'
".Sevlns O.' "UiiioB ^i«r." "riaiem,"
"Jersey Mills" and "Dover Mills."

IMP0HTEK3 OF IRON

.

"Uoncoo M'Us
TlhS.

BAGGING.
WARREN, JONES & GRATZ
ST.

LODIS, Mo.

AnuU

*M

u( Jsts Hasfor the
MaoufSeturara'
Irtnr. Pumlah ooverlns annually for on»4Ifth of tks
Correspondencs from Ian*
snttrs Couoo Crept
dsalsnsoUslted.

THE CHRONICLE.

[Fbbsuabt

24, 188|i.

39
Cotton.

Cotton.

Woodward &

Stillman,

MERCHAJ!fTS,
16

jPost Building,

&

!

INMAN,SWANN&Co

8 Exckange Place

MADB ON ACCEPTABLE

SECURITIES.

WANTS

COVTON, ALL eBADKS, SUITABLE TO
OF SPiNNEKS,
OFFBBKD OX TKBU8 TO SlTlT.

'^•
BBANCH OFFICES J .125f
tMo ,9J'"J'<',*'J;?*'T''*«
Chapel St., New ?f
Harea

Personal attention given at the EXCHANGKS
the purchiise and sale of 81 OCKS and BONOS foi
cash or on mar(;ln.
DEPOSITS UKCEIVBD—subject to check at sight

?ork.

—with interest upon balances.
fecial jitiention paid to INYBSTMBNTS aad

LOANS MADE ON

j»OJCrfi]jlsef

SOUTHERN SECURITIES.

OOTTO N

Schroeder,

HOPKINS. Lucins hopkhtb sinxa.

COABUS

STABER,

GEO.

ALBERT KBOHN,
64

Nos. 16

COTTON

Special.

NBW

STONE STREET, NEIY YORK.

COTTOIN

YORK-

Special attention given to the Purchase and Salt
jf Contracts f or future delivery of Cotton.

Waldron

&

Tainter,

COTTON COminiSSION niERCHANT
97 PEARL STREET, NEW YORK.

Strictly Brokerage

HOME

an^ Commission.

A .i/.nrti-

Henry Hentz

&

PBARI. STKBET,

no. 134

B2LB0UTE ORDERS FOR FUTURE DELIVBRT

COTTOW

KEW YOEK.
•BDSBS FOB FUrnBS CONTRACrTS EXECDTKO IB
Nbw yohk and Liysbpool.

Sawyer, Wallace

&

Co.,

COMMISSION MERCHANTS,
liberal advances made on cotton cousl£:nments.
Special attention giren to orders for contracts for
fotore deUrerjr of cotton in New York and Ltverpoob

Geo. Brennecke

&

Co.,

No. 110 Pearl Street, Neiv York.

FUTUBB COKTBACTS A SPBCIALTT.

Ewen
TTO
Horn,

BROKERS,

31 Sc 33 Broad Htreet,

• NEW YOEK.

John C. Graham
(Soocessors to R.

M.

Co.,

CO.),

COTTON COMMISSION MERCHANTS,
No. 18 iriUlam Street, New York.
SBLMA, ALA., PHOENIX BUILDIKO.

MONTGOMEBY,

ALA., MOBBIg

BANE 'BDTLDIMG

Orders tor Pntnre Contracts Executed in
and LiverpooL

New Tort

& Co.

William H. Beede

COTTON BROKERS,
114 FEARIi STREET.

Special attention given to orders for tbe buTlas

aiui selilnsof

Cotton fob Futubx Dklivkbt.

qwathubt.

j. o.

Gwathmey &

No. 40

1883

13,000.000
2,1 1 6.833
317.596
l,774,0tH

0«
00
01

06

»7,208,489 07

CHAS. J. inARTIN,
H. TVASHRURN,

President.
Secretary.

iETNA

Office, nos. 39

OF HARTFORD.

Montgomery, Ala.

&

41

walkxb

Company

Insurance

Lehuan, dubb & c o

Assets January

1,

1883

$9,054,610 58

LiabUlties for unpaid losses
and re-Insurance fund
Capital

NET SURPLUS

BXCHANQB PLACE,
Stbkbt.

Orders executed at the Cotton Exchanges in New
York and Liverpool and advances made on Cotton
and other produce consigned to us, or to our oorre
apondents in Liverpool, Messrs. B. Newgass & Co
and Messrs. L Rosenheim & Sons

1,861,123 46
4,000,000 00

$3,193,183 li

2 Courtlandt St., Wew York.
J AS. A. ALEXANDER, Agent.

IVo.

New York.

Henry M. Taber,
No. 141

North
&

British

Mercantile

Ins.

Co

Adrances made on CoDslgnmenta of Cotton. Con
tracts for Future Deltvery of Cotton bougbt un
okl OD conunisttlon.

JOHN

H.

&

CEISBY

CO.,

COTTON BUYERS,

ope

Inclined Planes, TransmlsPower, Ac. Also,

ilsion of

Galvanized Charcoal and BE
jfor Ships' Rlgglnp, SuspenIsion Bridges. Derrick Guys,
A large
/ Ferry Hopes, &c,
stock constantly on hand

i.

P.

PABBKl,

any

lengths are cut.

desired

F

I.

AT

STEEL AND IRON ROPES

JOHN

for Mining purposes
factured to order.

\r.

inASON

&

43 Rroadtvar, Nenr York.

Morgan &Co.)

I.J. ASTOtt, Esq.

mAS.

E.

WHITE, SAM.

UANAUBKS.
Office 51 William M.,

i*.

BliAtJUEMf

New Vorh.

K^ommercial

Union Ins. C a
re* LOSDOKi,

'

-

m

manu-

CO.,

Esq. (iirexel,

CHITTKNDKN.
tZRA WHITE, Esq.

[I

from which

:

iiON. S. B.

.

STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTING PURPOSES,
i

of Manag-eutent,

iOLON HUMPHEBYS, Ch'r'n,(B. D.Horgaa « Co
)AVID DOWS, Esq. (David Dows & Co^

:i»IOMTGOItIERY, AL,A.
°1TB0HABB ONLT on OBDSB8. FOB A COUUINRIO^

Wire R

Stat43 Board

(Jniteil

NEW FORK

COTTOIV.

York.

Uulldini;) 1840.

LONDON AND EDINBURGH.

PEAKL STREET, NEW YORK

Liverpool.

TonMne

1,

jr.

London and

conmissioN kerchants.

bloss.

COTTON BROKKHb,
46 Pearl Street, near DTall, N. C.
(Iti

Co., Liverpool,

LEHMAN BRO'S,
Cotton ANDFactors

James F. Wenman & Co.,
Eatabllshed

&

Lehman, Abbahau & Co.,

Bpeoial attention given to the execution of orders
ft)r the purchase and sale of contracts for future

New York and

Cash Assets, January

«

Messrs. Smith, Edwards & Co., Cotton Brokers,
Liverpool.
Messrs. Finlay, Muir & Co., Calcutta and Bombay.
Messrs. Samuel H. Buck & Co.. New Orleans.

Bloss,

Mew

Net Surplus

.

Corbespondxhtb:
Messrs. James Finlay

COTTON nERCHANTS,
Mo. 1!13 Renrl Street,

Reserve for Unearned Premiums
Reserve for Unpaid Losses and Claims

Also Orders for

NEW YORK COFFEE EXCHANGE.

BROADWAY.

119

OF

&

WATERS &

OFFICE,

CASH CAPITAL

COFFEE

at the

Up-town

Brothers,

Mf

LEANS COTTON EXCHANGES.

John M. Emm.

Jb.

AND NBW OR-

YORK, LIVERPOOL

New Orleans, La.

COTTON BROKERS,

Wabbxn Ewxn,

NBW

OF NEIY YORK,

Glasgow.

BROADTTAir.

No. 47

at the

Company

Insurance

Co.,

MERCHANTS.
COMMISSIOM MERCHANTS, COMMISSION
8 Soutb William St., New York.

Ho.

18 Exchange Plaee,

A-

-OST BUILDING,

D. Mrr.T.mw-

Hopkins, Dwight & Co.,

1

Co.,

"FcmiRE" ORDERa Promptly Bzecotbd.

StraiATus c.

delivery in

&

COMMISSION MERCHANTS,

(tgnments.

A. B.

COUNTRY BANKKKB.

P. Billups

J.

apeoial attention paid to tbe exeoatton of orden
for the pnroba«e or sale of contracts for future de>
ttrerr of cotton. Liberal advanceii made on coo-

No

Sous-,

I

New

COTTON COMMISSION MERCHANTS
111 Pearl Street, New York.

CO

&

T. Hatch

BCHBOIDKB

OlLIilAT

&

P. Hatch.

Arthur X. Haleh.

BANKERS,

COTTON EXCHANGF BUILDINQ,

nipaCIAL ATTKNr ON TO OSDKBS FOB CONTKACTS
FOB FUTUBS DBMYBBY OF COTTOJf.

Ware

W.

COTTON MERCHANTS,

.'fr9t*hAdvanee» Hade on OomigntnenU.

INBT H. WABX.

Henry

Walter T. Hatch.
Xatk'l W. T. Match

14 irA8!si*«;STREET,'V^ETr JORK,

NEW YORK.
IiOANB

^lf«r-»'*rjsfif<»lj-

S7

ALFRED

&

PELL,

SmiOenl Manaaer.

.',

^0

Wall

Street.