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MERCHANTS’

HUNT’S

MAGAZINE,

§Uw0pape*,

&

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
(Entered, according to act of Congress, in the year 1882, by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C. |

SATURDAY, FEBRUARY 25, 1882.

VOL. 34.

a

THE

f'HFONrCEE.

213 Russia and General Skobcleff’s
Keep
Speech
218
Gold Here
215 Returns of the Banks
218
I Monetary and Commercial
The Rumors about Louisville
<k Nashville
215 1 English News
220
and
Miscellaneous
Mr. Blaiue’B Diplomacy
217 1 Commercial
News
222
Tho Financial Situation
What Will Bring and

.

THE

BANKERS’

Foreign Ex¬
Securities, State
Railroad Bonds and

StockR

Range in Prices at
Stock Exchange

the N. Y.
THE

Local Securities.... 226

New York

change, U.S.
and

GAZETTE.

Quotations of Stocks and Bonds 225

Money Market.

Railroad

Earnings and Bank

Returns

223

Investments, and

224 |

and

Not many weeks since, we published
companies and the premiums being

cine for the country.

CONTE NTS.

227

State, City

Corporation Finances... 228

COMMERCIAL TIMES.

NO. 870.

list of the construction

previously we gave a detailed state¬
ment of the new railroad enterprises projected and the
vast amount of capital being absorbed by them ; on another
occasion we cited some of the parallel lines in process of
construction apparently wholly uncalled for as commercial
ventures ; add these to the facts above stated, and put
with them also the high-priced combinations or consolida¬
paid for their shares

;

tions which have been

floated from week to week, mainly

residuary legatees of defunct corporations, and one
readily understand that the financial atmosphere must
have been pretty highly charged, and capable of produc¬
ing violent changes.
The Commercial and Financial Chronicle is issued every /Satur¬
Under such conditions, then, speculators for a decline took
day morning, with the latest news up to midnight of Friday.
(Entered at the Post Office, New York, N. Y., as second-class mail matter.J possession of the market.
Had prices for produce, when
TERMS OF SUBSCRIPTiON-PAYABLE IN ADVANCE:
they broke two weeks since, given way more decidedly,
For Oue Year (including postage)
$10 20.
and exports have become freer, the past few days’ exper¬
For Six Months
do
6 10.
Annual subscription in London (including postage*
£2 7s.
ience on
Wall Street would most likely have been
Six mos.
do
do
1 8s.
do
Subscriptions will he continued until ordered stopped by a written deferred.
But with the unsatisfactory trade statements
238

232 I Breadstutts

Commercial Eihtome

232

Cotton

| Dry Goods

239

the

will

£lve Chronicle.

.

•order, or at the publication office. The Publishers cannot be responsible
tor Remittances unless made by Drafts or Post-Office Money Orders.
A neat file cover is furnished at 50 cents; postage on the same is 18

weekly issued, and gold continuing to go out, the event
of constant hammering on inflated values could not be
Of course good and bad properties have
5 Brown’s Build¬ doubtful.
be taken at the
suffered together; still this is not universal, for some of
regular rates, and single copies of the paper supplied at Is. each.
WILLIAM B. DANA. )
WILLIAM B. DANA & OO., Publishers,
the best have shown decided strength, and under the
/OHN 0. FLOYD.
j
79 & 81 William Street, NEW YORK.
Post Office Box 958.
circumstances remarkable steadiness.
A feature which

Volumes bound for subscribers at $1 00.
Liverpool Office.
The office of the Chronicle in .Liverpool is at No.
ings, where subscriptions, and advertisements will
♦ents.

THE

FINANCIAL SITUATION.

has been improving, the con¬
dition of affairs at home has become more disturbed.
While the situation abroad

helped greatly in the downward movement was the
course
Europeans have been pursuing the past two
When it became evident that the Paris Bourse
months.
was on the verge of a panic, preparations were made for
the catastrophe -by the English and some Continental
speculators, by throwing over American railroad proper¬
After the French crisis they did not take these
ties.
stocks back, but sought for and readily found use for their
money at rates equally profitable in securities nearer home,
which had recently fallen greatly in value, and which if sub¬
jected to speculative manipulation could be watched more
readily than could American properties.
Thus this
market has been compelled to take, not only the load that
fell upon it through exhausted margins and from other
causes, but a certain amount of stock that reached here by
almost every incoming steamer from Europe.
The leading feature of the previous week was the
decline in Louisville & Nashville.
The attack upon this

also

gradually restored on the Continent of
Europe,, stringency in the London money market has
given way to ease, so that a reduction of one per cent in
the Bank rate has been announced, and only here and
there, upon the surface of European affairs, are to be seen
Any traces of the commotion which prevailed about three
weeks ago.
In our markets, however, but especially in
our stock
market, there has been excitement, great
'depression, and almost a panic.
This is disappointing, of course.
And yet when we
remember the peculiar speculations which have been
and are still in progress in numerous staple product?,
blocking our exports ; the wild furor for railroad building
largely stimulating our imports, with the prospect, if not
changed, of an adverse trade balance during the summer
months to be paid for in gold ; and when besides all this, property started the decline this week, for it was renewed
on Monday and it readily yielded to the pressure on that
we see the
high values at which many of these speculative
railroad enterprises—though scarcely more than on paper as day and on Tuesday ; then the attention of the specula¬
tors for a fall was directed to other stocks.
Thursday
yet—are being bought and sold, propped up much in the
same
way as the Union Gmierale was on the Paris Bourse, appeared to be a general field-day for these operators.
First one and then* another stock was forced downward,
one cannot but feel tKr although the experience has been
distressing to dj nv u- it h a very wholesome medi¬ more or less rapioly, throwing the whole market into con-

Confidence is being




.

fHE

211

averted by the fact that
there were no failures.
As soon as it was seen that the
hour for .deliveries had passed without default being
made by any broker, the market wa turned upward and
there was an improvement in the tone by the close, which
was continued yesterday with some recovery in prices.
Disaster, however, was

fusion.

[VOL. XXXIV.

CHRONICLE.
Receipts at and Shipments from IT.

Received.

Shipped'

$1,311,000

$1.032,COQ

44,000

k-OO.OOQ

$1,355,000

S'wis.ooo

T.

Currency

I

Gold

•

!

Total

$4,250,000 gold was taken out of the vault of the Bank
during the week, including $1,700,000 taken
out yesterday.
One million cf the latter amount was for
This absence of failures is a feature of the present con¬
dition.
It will be remembered also that there were only shipment to Europe, though at the present rate of
such an operation is regarded as unprofitable
a very few disasters in
markets when they exchange
Last week’s bank statement was made upon 'declining
broke.
The truth is, the business interests of the country,
averages for specie, and making allowance fur this, the
as we have often stated, are in a conservative, prosperous
following will give an indication as to what may be
state, and outside of Wall Street and the circles which
expected from the bank return of this week.
have been cornering our leading staples, the semi-panics
that have occurred have produced scarcely a ripple.
It
Ret Loss.
Into Banks. Out of Banks
would seem natural however, that the events of the week
$2,262,869 $2,202,809
$
Sub-Treasury operations, net...
should have a quieting eifect on some trades, especially Interior movement
2,325.000
1,355,000
973,000
those^ closely connected with railroad building; for we
$4,590,860 $3,235,809
$1,355,000
Total
cannot but believe that this rapid absorption of r capital
The foreign exchange market has been active.
The
will be discouraged for a time at least ; and that our
sight rate fell off on Monday, but both long and short
imports will fall oil after a> brief period, when the old
were advanced
on Tuesday, and on Thursday the long
orders have been filled.
rate went up one cent on the news of a reduction in the
It should be remembered as an important factor in the
Bank of England rate of discount; but the market was
present trade situation that although our crops are
and the exports of some staples have been delayed, still irregular on that day, and some bankers were not disposed
to regard the advance made by other drawers as justfied
our total merchandise exports are larger than they have
the demand. * The supply of bills continues limited,
ever been in any previous year except the last.
There is, by
but rates are not very firmly maintained at the close.
it is true, a decrease of GO millions during the closing four
The following shews relative prices in London and New
months of 1881 compared with the same months of a year
York of leading stocks and bonds at the opening eachday.
a
go. yet for the previous eight months there had been an
Feb. 21.
Feb. 23.
Feb. 22.
Feb.
increase of about 4 millions over the same e’ght months of
20.
of America

th^roduce

short

o<

totals compared with 1879 are, under the
circumstances, very favorable indeed,—the merchandise
total beiqg in 1S70 only 705 millions against 833 millions
in 1SS1.
For January, 1832, the figures will not be
published for the whole country until next week, but for
1SS0, while the

New York

the totals for the

bearing out the above
large and only exceeded
NEW YORK

Merchandise.

three years are as follows,

statement that the movement is
by the previous January.

MERCHANDISE EXPORTS FOR

JANUARY.

18 SO.

1881.

$24,068,091

$28,520,320

Lnnd'n

117-59

118

'

10200

102

39%

33 00

U.S.4s.c. 117 59

113

102 O J

102

U.S.3Vfe's

38%

con.

9S09

97-70

98

111. Cent.

135 20

130

13153

133%

N. Y. C..

131-20

131%

130-35

130

Heading

31 03!

Cl

30-101

2d

Lnnd'n

:

prices* prices. prices.* .prica.

•

•

39 23

Erie

•

.v.r.

prices.* prices. prices.* prices.

95%

>>
<3

:

55 H

;

cables.

4-91

N.Y.

Lnnd'n N.Y.

117%

U7-341 117%

10-03

102

101-03*

37"50

37%
90%
13%
129%

11740

9072

£5

Exch’ge,

*

1882.'

Lnnd'n

X.Y.

133-18
129 74

28-811-

57

36-33

101%
36%

90-211

95%

28-47+j

5G%

133-06

132%
129-02! 129

4-91

4-91

4-91

Expressed in tlicir New York equivalent,
basis of $50, par value.

+ Heading on

England rate of discount was reduced on
J ,738,599
883,954 Thursday to 5 per cent, having stood at G since January
747.875
Foreign produce
$27,8-48,134 30,;or twenty-four days.
The Bank return shows an in¬
$30,261,919
Total merchandise- exports $25,416,566
crease
of £463,000 bullion for the week, and the cable
We give the above in this connection because it is
reports a gain of £390,000 on balance since then. Tne
another proof that trade is still in a conservative^condition.
Banks of Franco and Belgium have reduced their rates to
and that there is not a general merchandise speculation in
41 per cent.
The Bank of France reports a gain of
progress in the country disturbing all values. We are im¬
9,GOO,000 francs gold and 4,300,000 francs silver, and the
porting largely, particularly railroad materials, and that increase of 70,850,000 francs gold reported for the week
branch of business is being overdone.
ended the 9th instant proves to have been correct. The
The money market has been moderately well supplied
Bank of Germany has increased 8,980,009 marks since
until Thursday.
Then the sharp decline in stocks and last
report. The following exhibits the amount of bullion
the disturbance of loans made such a demand that the
in each of the principal European banks this week and at
rate was forced up to -J of one per cent commission and
the corresponding date in 1381.
The low reserves of the banks place the market
interest.
Feb. 23, 1882.
j «• Ft b. 24,1831.
in such a position that it can be readily manipulated if
Silver.
Gold.
Silver.
such a course is deemed desirable by speculators for a;
Gold.
£
decline in stocks, and it would not be surprising if a
A
£
£
27,678,783
21,164,005
But this strin¬ Bank of England....
resort was had" to such manipulation.

Domestic

produce

$26,964,780

The Bank of

33 034.113

45,133,409 21.955,153

18,637,041

its own remedy, for it will cause foreign Bank of Germany
6,753,250 21.259,750i 7,337/250 22,011,759
sterling for use in this market, and'thus
60.951,428 66,393,159 56,971,186 70.648,791
Total this week
the supply of funds will become liberal.
60.247,869 65,790,045 [ [56,020,727 69,939,304
Moreover, after Total previous week
the flurry in stocks is over, there should be a lighter
The Government bond market has-been quiet during the
demand resulting from the liquidation of speculative
week.
The redemptions at the Sub-Treasury have been
accounts.
The domestic exchanges are in favor of this
centre at all points, except Chicago and St. Louis.
The $1,000 of the bonds embraced in the 105th call and
$22,000 of those in the lOGth. This leaves about
Treasury operations for the week have resulted in a gain,
which is a loss to the banks, of $2,2G2,868 G7.
The fol¬ $454,050 of the former and $2,729,250 of the latter out¬
standing.
lowing will show the extent of the interior movement for
The payments by the Assay Office through the Subthe week.

gency will work
bankers to draw




Bank of France

February
Treasury

THE

25,1882.J
to

$29,070. The intended to show that we were abundantly justified in our
the Custom assertion that the monthly production and the amount
now in the hands
of the people could not be depended

week amounted from
the Assistant Treasurer

during the

receipts by
House were

as

follows.

of

Consist inf/ of—

Duties.

Date.

Feb.

17

Gold.

«

- -

“

18.---

«

20-..-

$1,003,57*0 GO
731,117 SG
419,757 40
718,450 G7

21....

“

IT. 9.

Sil t'cr

>S i< I'cr

Notes.

Dollars.

Certificates.

$1,000
1,000

$17 8,00(i

$703,000

$02,000

003,000
337,000

53,000
27,000

001,000

27,000

78.000

50,000
90,000

1,000

Holi day

23....

045,947 21

Total...

$3,521,843 S3

“

108,000

25,000

513,000

$2,817,000 $194,000

$510,000

$3,000

upon to supply any portion
a
And here let us repeat what we

KEEP GOLD HERE.
The Springfield Republican thinks we are unreasonably
disturbed at the threatened export of gold and takes
WILL BRING AND

foreign demand.

have often said before that
this country will never secure as strong a position under
anv financial strain as England and France hold, until we
have gold so abundant as to come into common use as

few millions to Europe

currency.
Then an outflow of a
would be of much less moment,

would

not

be

business, and

for in supplying it, we
pulling out the'very supports of our
thus disturbing all industries. Our vis¬

scattered through the interior
banks, and in large part necessarily locked up in the
Sub-Treasury as a basis for our legal-tender currency, the
latter being in no degree responsive to commerce.
The
little the banks of this and other leading cities hold, is tlie

ible stock

WHAT

215 9

CHRONICLE,

now

is much of it

exception to some of our statements with regard to the
only supply exports can be drawn from. If our friends
gold currents. This is such an interesting inquiry
in the West would consent to gather up and destroy the
may be worth while for us to repeat and explain our posi¬

that it '

notwithstanding our limited space, although judging greenbacks, that.act would set loose the most of the stock
now in the Sub-Treasury, and make an
opening for more
from its way of putting things we scarcely expect to make
a convert of the Republican.
We should, however, like gold to fill up the place held, by the legal tenders in
excess of the redemption fund.
This, with the repeal of
to set it right if we could, because it is usually a vigorous
the silver coinage law, and the withdrawal of the certi¬
advocate of sound doctrine, and it looks to us as if it were
ficates, would remove hindrances now operating against
far astray in this particular.
an
inflow of gold, and furnish the tractive power of a
First, the Republican is not pleased with our mode of
speaking of the nearly 300 millions of gold said to be in pressing need to start such a flow.
And this brings us to the other point the Republican
the hands of the people.
We think it has possibly mis¬
understood us. The reason, or basis, for our assertion,— makes, which is that “ gold did not come here because we
tion,

that what

the people have thus

absorbed and are absorb¬

drain,”—is the extent of the
country, the population being so scattered that the gold the
people hold cannot be reached for that purpose. We do
not
any room for question on this point.
The United

ing would not “ satisfy a

but because we had sold the exports and
refused to buy the imports or take anything but gold for
“the balance.”
We would not refer to this criticism, if
it were immaterial which view were taken.
But miscon¬
“

needed it,

“

ception here will prevent the country from applying active
remedies and relegate us commercially to a world of chance
States lias, on an average, less than 15 persons to the
square mile, while Great Britain lias 265.
But even those or of emotional influences. Does the Republican believe that
there was no force back of that “refusal to buy imports
figures do not adequately represent the comparative con¬
“and take nothing but gold for the balance” except fickle
cealing power of our larger area, 3.} million square
miles to Great Britain’s 121 thousand.
Furthermore, it public opinion? Does it not see that it was the coercive pow¬
er of that resumption law and the absolute need it created
must be remembered that the gold has not only this vast
for gold that compelled us to do so? Suppose the resump¬
space to cover and to hide in, but that we have fifty
millions of people to distribute it among, against 31 millions tion law had read “silver” in the place of “gold”
in Great Britain.
Put these two conditions together, then as the basis we were seeking, would not silver have come
see

O

O

add the

further fact that the

in good part to be actually hoarded and not in
circulation, since we meet it so rarely in our daily trails
actions, and how can we fail to reach the conclusion that it
is far more likely private hoardings would largely increase
at the expense of bank holdings, if a gold export of any
considerable proportions began, than that they would be
diminished, that is returned to the banks.
Again, we fail to discover the ground for the Repub¬
licans exception to our remark, that the country’s produc¬
tion is not sufficient to add anything to our exportable
supply, since the people are even now, in a moment of
extreme confidence, increasing these holdings faster than
appears

production. That is to say, admitting that the gold produc.
tion is three millions a month—it is less than that—the Mint
compilation shows that hoardings all last year reached the
high monthly average of G million dollars. Of course this
process will not go on forever; but as it lias been in
progress for the three years ending with the first of last
November, and each succeeding year in larger amount,
and during the final twelve months more than double
the production, we think it is wholly safe to assume that
the yield of our mines is now disappearing in like manner.
There is another item—the demand for manufacture—
which makes

a

month.

we




But

make

and 1879

while since then they have enormously
that we did not “refuse to buy
imports” in those three former years because we did not
want them, or because we were heroic and voluntarily
denied ourselves, but because the requirements of the
Resumption law and the need it raised, forced the country
to take gold and the people to economize.
We should not be so strenuous with regard to this mat¬
ter did we not. feel that the United States, through a
misapprehension on this very point, was quietly but surely
drifting into an unsafe condition. The country should
contain sufficient gold to be responsive to foreign calls,
without disturbing our internal commerce at each recur¬
ring demand. We are not by any means in that position
as yet.
To secure the amount required the first necessity
is to leave a place for it. It will not come, no matter how

many

a year,

increased, clearly showing

if all the channels of commerce are
choked up with silver, silver certificates and legal tenders.
It will not even stay under such conditions ; it will rather
Some
go where it is more needed, as it is now doing.
fancy that gold is leaving us because our exports are
small; they are not small; they have never been so large
during our whole national existence, except one single

large our exports are,

draught of nearly a million a
no allowance, for it, as we only year.

constant

The truth is that the years 1877, 1878
record the smallest merchandise imports for

coin the people possess instead of gold?

-

THE CHRONICLE.

216
THE RUMORS ABOUT

increase in this debt it is claimed that

LOUISVILLE & NASH¬

sion which

has

for

owing to the depres¬

months prevailed in
market, the times have been unpropitious for the
marketing of the company’s bonds, of which 10 millions
are held in its treasury, and
which, could only a portion
have been disposed of, would have amply sufficed to meet
all the floating liabilities.
The bonds referred to are
probably those to be issued on the Louisville Cincinnati
& Lexington, a road acquired by purchase since the close

VILLE.

now

so

many

the stock

declining tendency during a month or more of the
Railroad stock, added to the vio¬
lent fluctuations and remarkable decline of the past week,
has called special attention to the financial standing of this
corporation. That a cause for the heavy depreciation
should be sought outside of the efforts of leading opera¬
tors to depress the stock and in the actual status and con¬
dition of the property, is not surprising, while the disincli¬ of the fiscal year, and $1,500,000 Lebanon-Knoxville
nation of the directors to satisfy public inquiries by mak¬ branch bonds and $1,248,000 Selma & Pensacola Division
bonds which the company had on hand June 30, 1881
ing a plain, straightforward statement of the road’s present
standing, has contributed not a little to the distrust occa¬ Considering that the company is a large concern, operating
sioned by the unusual and extraordinary fluctuations in over two thousand miles of road and earning at present
close on to 12 millions a year, it can not be said that a
the shares.
It is not difficult to set out the various influences that floating debt of less than 4 millions is a verv serious item
have conspired to aid those engaged in forcing the price though as it was unexpected it is probably proving tem¬
downward.
Persistent rumors of a large floating debt of a porarily inconvenient.
Respecting the company’s current business, the weekly
pressing character, reports (absolutely without foundation)
-The
that the decision of the Tennessee court, declaring uncon¬ and monthly reports show continued progress.
stitutional the funding act of that State, would throw upon returns for the second week of February have just come
the railroad companies a great part of Tennessee's debt, to hand, and on mileage of 2,025 miles this year the earnstatements that the City of Louisville was ready, nay ings are $243,832, against $174,300 on 1,840 miles last
anxious, to dispose of its interest in the road (d isproven year, an increase of 40 per cent in earnings and 10 per
cent in mileage.
From January 1 to February 14, on the
by the action this week of the City’s Sinking Fund Com¬
same relative mileage, the road
increased its earnings
missioners), assertions that the price was artificially held up
from $1,190,860 to $1,434,029, or $243,169, equal to 20
by a clique and must come down in the end, hints of disa¬
Of course the expenses for this period it is yet
greement between the directors, and lately the general per cent.
too
overflow of Southern rivers, have all helped to excite
early to obtain, so that these figures give us only an
suspicion as to the value of the property, which indication of the road’s gross business. .But for the first
six months of the current year, from July 1 to January 1,
operators intent upon serving their own purposes
have been
able to turn to their advantage.
But we have both gross and net, approximately, in the company’s
while we can see what the influences at work have been exhibit of its operations for that time, made a few weeks
The

Louisville & Nashville

^

[Vol. XXXIV.

•

'

effect, it is quite another matter whether, in
forming an estimate of the road’s present and prospective
worth, they are entitled to any such importance as has,
been given them.
This is a very material point, and all
those interested in the property should take pains to weigh
the facts of the case carefully, and with due consideration,
in order to determine just what bearing, present or remote,
they are likely to have upon the road’s prosperity.
Of all the rumors that have been put in circulation,
enumerated above, to our mind the only one deserving of
serious consideration, and the one that has had the most
effect upon the stock, is that about the company’s floating
obligations. Statements that this item is proving a serious
embarrassment to the company have been repeated so
and their

since.
the

This statement

showed that in

the

six

months

earned $5,637;844 gross, and $2,208,028
net, giving 60-1 as the per cent of operating expenses to
Besides the net, the company received
earnings.
$319,014 as income from investments held, &c., making
the total net $2,527,042, out of which was paid $1,886,285
for fixed charges and taxes, and $543,900 for a 3 per cent
semi-annual dividend, leaving a surplus on the opera¬
tions for the half year of $96,857, which was carried
company

forward.

Concerning the future, an element of uncertainty is the
charges. The mileage directly
operated by the company has undergone great enlarge¬
ment during the last few years, and as a matter of course
frequently of late, and with so much positiveness, that the funded indebtedness has also increased heavily. On
June 30, 1880, the total mortgage indebtedness was
even the road’s best friends are becoming alarmed, and
ere beginning to think that there may be some basis for
$23,902,820 ; on June 30, 1881, it had increased to $46,the assertion.
Under the circumstances it would seem 991,840, or to almost twice the amount of the previous
incumbent upon the directors to make an explanation year.
This shows the large increase that has already
which will allay this anxiety ; but inquiry among the com¬ taken place, but it is to the further increase in the
pany’s officers in this city, develops the fact that they are future that the chief uncertainty attaches. In July, 1879,
not yet ready to make a report, that in truth they do not the company operated only 972 miles of road ; at present
is operating 2,025 miles, and
consider it dignified to take any notice of such rumors, it
a good part of
the
new
which they say are of purely Wall Street origin, and
mileage came into the company’s possession
in
which are “ almost all lies—at least they are in the manner
poor
condition, indeed—track worn out,
very
construction bad, and equipment worse, where there was
they are stated.”
In a general way, however, we have learned that the any.
Not a little had been done in remedying all this at
floating debt at present amounts to about $3,800,000, and the end of the last fiscal year, but much still remains to be
that this is an increase of about 2 millions since June 30 done, and what further increase in indebtedness, and con¬
last, the close of the company’s year. As an offset to this sequently in fixed yearly charges, this will necessitate
In making improvements of
it is stated the company has a largely-augmented motive would seem to be in doubt.
power and equipment, in extending and improving which this kind, and acquiring the additional equipment which,
the additional indebtedness was incurred.
As against the the company’s increasing business imperatively called for,
floating debt the officers say the company has extensive the fl oating debt was in great part raised to its present
The same' sort of improvements and additions
cash assets, though as to how much is immediately available
r;
to be made for tr :..e time to come yet.
They
no
information is vouchsafed. In explanation of
c
ultimate extent of the fixed

c




.

Fkbbuuit

THE

25,188*.].

be on a smaller scale, and it may
be that the interest charge will increase no faster than the

will

probably, however,

company’s business.
This latter view is borne

yearly

out by the company’s

half-

exhibit, alluded to above. As will be seen, in it
and taxes (the latter not being stated separ¬

fixed charges

given at $1,886,285, which for the entire year,
on the same basis, would be $3,772,570.
In 1880-81 this
item of interest and taxes amounted to only $3,079,088,
thus showing an increase in 1881-82 of pretty nearly
$700,000, the greater part presumably on account of
interest. Notwithstanding the heavier charge, however,
it is shown that the company succeeded in earning enough
in the first six months to meet the increased amount
required in that period, to pay the regular dividend on
the stock, and to carry forward, besides, as already said,
surplus not far from $100,000. In the interest charge,
ately) are

a

for rentals and for interest
the company has

&c., full allowance is made
which through stock ownership

217

CHRONICLE
rels of other

nations, and it is

impossible to rally any

popular support for a policy of meddling officiousnesa.
In not realizing this was one of Mr. Blaine’s mis¬
takes.

s

Another

country to

of thisoffer unasked mediation. Chili has beaten Peru,
was

in

imagining that it is the province

and Peru has tried to hide

behind the United States.

Grant

imposes hard terms—what of that ? Mr. Blaine
says the “ dismemberment ” of Peru is as if the seceding
States of this country had gone out and had taken the
Pacific States with them. But the well-informed Washing¬

that Chili

correspondent of the Herald controverts all this, saying
that the area demanded is not one-twelfth of the whole ;
that the production of the Tarapaca nitrate beds is not
half Mr. Blaine’s definite figure ; that his citation of Hum¬
boldt, who in 1804 pronounced Peru the richest country
by nature in the world, is especially infelicitous when he
adds that Chili will leave it one of the poorest, becausa-

ton

the value of the

all unknown

and nitrates (which Chili takes),
when Humboldt made this statement;
guano

the outstanding indebtedness of roads for and so on.
the principal
of whose debt it is not directly
If this criticism is correct, Mr. Blaine is as wrong on hi»
responsible.
Thus the $46,991,840 given above information as in the other particulars mentioned,but that is
as the company’s indebtedness on June 30, 1881, does not
of inconsiderable consequence.
Chili, he says, should not
embrace the bonds of the Mobile & Montgomery nor those
take the best, but rather what Peru would prefer to spare.
of the South & North Alabama or the Nashville & Decatur,
Yet the conqueror has always dictated terms to the con¬
aggregating over 10 million dollars. These, apparently,
the company does not consider part of its regular funded quered, and Mr. Blaine’s sentimentalism is misplaced.
Chili is the better, healthier, and worthier nation—the
debt, but the interest on them has to be paid all the same,
best on the continent; but if this were otherwise it would
and appears in its yearly accounts under the head of
not alter the case.
Unless we choose to meddle, by virtue
interest, rentals, &c. No charge, though, it should be
of being the strongest power of the Western world and
laid, is included for the latest purchase, the Louisville
able (if England kept aloof) to work our will there, we
Cincinnati & Lexington. The earnings of this road are
have nothing to do with the matter.
Mr. Blaine take#
now embraced in those of the Louisville & Nashville sys¬
care to bring in the
statement of our power, but there is
tem (and account for the larger mileage operated this year)
public feeling here which is not satisfied with the fact
but they were not embraced, we believe, in the figures
of this power, without acting upon it or making bluster¬
given in the half-yearly statement, and thus there was no
occasion to
charge anything for account of the ing exhibitions of it.
When he steps from his sentimental to his commercial1
road’s interest requirements. In the present half-year,
however, the Louisville Cincinnati & Lexington interest ground, Mr. Blaine is not less unfortunate. Chili’s'
payments will have to be assumed by the Louisville & victory is an English triumph ; absolute domination of
Nashville, but the road has for three years earned more England will follow spoliation of Peru ; British merchants,,
than enough to meet all charges and will probably do so bankers, ships, gold, etc., fill out the picture, and all orn
Indubi¬
in the future, unless the Louisville & Nashville should territory which this country ought to occupy.
tably she ought, but by .force of the combined foreign!
bond it too heavily.
and domestic policy of Mr. Blaine and others, she doesnot and cannot.
Our trade with South America ? It doe»
not exist.
English influence there ? It has long been a
MR. BLAINE'S DIPLOMACY.

to

was

pay on

no

that we have at
length seen the last of Mr. Blaine’s State papers, issued
during his short tenure of office; It was not our purpose
to refer to these matters again, but now that the whole
plan is disclosed, we cannot help expressing our surprise
and regret.
It seems as if he had wholly misunderstood
and misrepresented the conservative tendencies of our
Government, and had adopted a policy which, if pursued
only a little longer, could have had no other end than
We presume, or

at least we trust,

war.

overestimated the strength of the
disturbances. That during
a war there is apt to be no foothold for anti-war feeling
may be true, but this is only after war begins, not before
Furthermore, “ manifest destiny ” has lost its power as

Mr. Blaine very clearly
element which likes national

imported from
Chili $1,435,970 merchandise ; from Peru, $760,556 ;
from Bolivia, not enough to be separately stated.
Our
imports from Chili and Peru were but 2-72 per cent of
the $80,627,000 total from S.outh America, and that total
was but
12£ per cent of all our merchandise imports.
Our goods exports were $1,598,270 to Chili, and $93,785
to Peru.
In 1878, Peru sent England $26,161,525 of
goods, and took from her $6,849,155 ; Chili sent her
$10,996,775, and received (1877) $7,507,000 from her.
Sugar, nitre, and guano form Peru’s chief exports to Eng¬
land, and copper is nearly nine-tenths of what England
takes of Chili.
But we “protect” ourselves against these
countries, and England takes their trade ; we also “ pro¬
tect ” ourselves against Europe’s shipyards, and so Europe

confirmed fact.

In the last fiscal year we

carries the freights.
As the country grows, acquiring rea
popular cry.
Protection is the antagonist of commerce. Under it,
strength and greater position among nations, the old clap
what we sell to the world, and especially the recent growth
trap of territorial acquisition falls out of sight ; we are
of what we sell, is in the main raw materials.
Having
too busy to bother about our national destiny ; and it is
but few manufactures that are not high priced to offer
of no present consequence whether we absorb all America
except
raw
or even the northern half of it.
Nobody wants wars, or South American nations which have little
,
,
Mr.
_

disturbances,




or

quarrels, or interference with

the quar- * materials to buy with,

Englan reaps a

THE CHRONICLE

218

[VOL. XXXIV.

It is

undoubtedly true that General Skobeleff only gave
opinions of the Pan-Sclavists ; and the Pandirect lines, but lines without goods do not meet the
Sclavists are dominant in the Russia of to-day; and
conditions, and cannot help commercial relations except by
further that his utterances harmonize with the known
treaty-making. Commerce is not furthered by govern¬
ments—it furthers itself naturally, on being left free from tendency and drift of Russian policy—a policy which has
artificial hindrances.
Least of all. can meddling diplom¬ long been identified with the name of the present occu¬
pant of the Muscovite throne. Russian patriotism is the
acy help it.
Mr. Blaine’s ability receives all the great respect it reverse of cosmopolitan.
What it seeks is not to absorb
deserves, but it has been latterly misapplied. A man of or to incorporate other races and peoples, but to expand
Held in subjection, it may be; or if compelled,
restless activity, impulsive, reckless, “ magnetic ” and itself.
bent on exercising his magnetism, impatient of quiet because of immediate and pressing considerations, to
routine, and anxious to be the centre of some talk- conceal itself, this spirit, which is as old as the days of
compelling activity or other, he is well equipped to be a Peter the Great, will never be allowed to die ; and it will
with the fitting opportunity.
It is a
party leader in Congress : but the constitution of his ever assert itself
mind makes diplomacy impossible to him.
He was one significant fact, and well worthy to be remembered in the
of the most conspicuously unfit men in the country for present connection, that during the recent fearful onslaught
the'position he held, and he lias only justified the opinion upon the Jews, the cry wa3 raised not only against, that
generally conceived at the time, that he would make the people, -but against the Germans and Greeks as well.
State Department “ lively ”—which is precisely what it The consoling thought in the present situation is not that
should not be. His retirement is not a matter for regret General Skobeleff misrepresented the sentiments of his
countrymen, but that the time is not fitting for a Panamong conservative classes.
Roach wants

the

Government to

hire him to maintain

voice to the

Sclavist crusade.
But Russia cannot

RUSSIA AND GENERAL SKOBELEFFS SPEECH.

During the last week European politics have been some¬
by the unexpected speech of the Russian
General Skobeleff.
The importance attached to his
words arose out of the knowledge that Russia was irri¬
tated by the attitude of Austria in Bosnia and Herzego¬
vina, and by the encouragement and promise of support
which Austria was receiving from Germany.
The PanSclavists of Russia have always looked upon the Balkan
peninsula, peopled as it is by men of their own race, as an
outlying portion of what was destined to be the great PanSclavic empire of the future.
Was it not to the interven.
what disturbed

give effect to her Pan-Sclavist ten¬
dencies, for she is in no condition to go to war. The
treatment which the Jews have been receiving and. the
comparative impotence of the law to give the unfortunate
people protection, reveal a condition of anarchy which
implies weakness on the part of the central government.
So distrustful is the Czar of his own people that he is
afraid to expose himself to the dangers of a coronation.
He is really a prisoner in his own palace.
Then, again,
the finances of the Government

are

in

a

wretched condition.

things is clearly unfavorable for a success¬
ful movement to enforce these views.
This, however, is
not all.
The one Power with which Russia has any direct
tion of Russia that the entire region had been emanci¬ cause of
quarrel is Austria, and solely because Austria
pated from Turkish misrule ? Had she not poured out threatens to become a Sclavic rival or rather her rival in
her best blood, and spent millions of money in accom¬
regions peopled by a Sclavic race. But Austria is only
plishing her purpose ? Was it to be tolerated that all this the advanced guard of Germany; and Russia knows that
should be done for the benefit of the Austro-Hungarian to strike Austria would be
striking Germany as well. It
empire, and to give increased scope for the expansion of is not improbable that in such an emergency Russia calcu¬
the German race ?
Such, it was known, were the ques¬ lates on French sympathy, and it may be French support.
which
tions
large numbers of the Russian people were But France is not ready for war with Germany. Besides,
putting to themselves, when a prominent Russian official, German influence is dominant at Constantinople, and almost
a man supposed to be high in the confidence of his
impe¬ supreme in the Palace. Should France arise and take
rial master, speaks of the great Sclavonic race, some of
part with Russia, we should behold the strange spectacle
whose families are now being persecuted and oppressed, of Fan-Sclavism
arrayed against Pan-Teutonism and
denounces Germany as the common enemy, and declares Pan-Islamism, with France one great Latin Power on the
that the safety of Europe lies in the union of the Sclavs one
side, and Italy another great Latin Power on the
with France.
And this in Paris, the hot-bed of anti- other.
Before entering upon such a conflict, under
German sentiment!

Such

language, accompanied as it was with the emphatic
statement that the European balance of power must be
re-established or there would soon be only one power,
Germany, had evidently a sound of war. It was not
wonderful that both Germany and Austria viewed the
matter seriously.
The excitement, however, has already
considerably abated. General Skobeleff’s conduct has
given great offence at St. Petersburg ; and the Czar has
expressed himself as indignant and sorrowful that such
language should be used by any one, in any sense in a
representative position. It will not be at all a surprise if
Skobeleff is retired

or

dismissed in order to calm the

Such

a

state of

present circumstances at least,
assured, will count the cost.

Russia,

rest well

RETURNS OF TEE BANKS.

Through the kindness of the Comptroller, we have re¬
banks of each
State, under his last call, December 31, 1881.
It was our
intention to publish these returns complete, but having
found it impossible to make room for them, we have pre¬
pared the table on next page, which covers the items of
more general interest.
We shall hereafter give such a
table as this, covering similar returns under each of the
five calls the Comptroller makes during the year. /The
divisions we have introduced are entirely arbitrary on our
part, but seem ta us to conform as nearly as any can to
the natural circles of business.
At all events, in this way
ceived the details of the returns of the

feelings of Austria and Germany, and to reassure the
public mind of Europe. The General has taken care since
to inform us that he spoke in no representative capacity.
He has not denied, however, that the sentiments are his
the figures become more interesting,
own, and that he shares them with the bulk of the Rus¬
sian people.
comparison more easy.




we may

and will make a

18t2.J

25,

February

THE

FROM RETORTS

ABSTRACT

OF THE

NATIONAL BANKS MADE TO

i

Number banks.

1881.

December 31,

Maine

$10,385,000

$2,600,151

50,450,000
45,427,500

11,189,877

Hampshire.

New

Vermont

55
101
(52

Island.

Rhode

Total

Division No. 1..

New York
Albany
New

=556

2.63—The

Total

$53,249,742

$992,4S9 $11,883,289

$51,350,000

$566,667

8,085,844
3,477,159

74,059,868
27,034,167

689,136

32,842,100
12,475,350
17,358.000
9,850,000

77,360

6,777,063

l,400,0u0

1.800,000

193,36S

80,540,615
28,170,364
57,069,511
23,897,498
58,079,837

505,778
2,457,402
748,039

5,705,976

$155,338,350

$496,513,352

G13

$2,351,454

$1,743,985

$510,081

$3,462,037

$41,303

$3,647,049

14
1G
22
5

4,885,767
1,942,066

1

252,000

19
17

3,016,000
1,736,000

718,570
251,100
60,000
976,100
460,481

10,123,340
2,439,836

410,523

9,677,701
3,130,329

201,167
136,603
50,858
374,214
203,997

$21,495,015

$5,555,779

$41,635,691

$658,916

$17,508,171

94

$2,501,000

$349,663

$3,389,530

$172,739

$4,345,907
3,521,475

490,959

3.470,129
304,776
1,878,965

70,131

Georgia

2,431,700
1,125,000

Florida

9

Alabama

7

La.

Louisville
Kentucky, other.
Tennessee

No. 4..

Cincinnati
Cleveland
Ohio, other

Minnesota
St. Louis

Missouri, other
Kansas

Nebraska

Total Division No. G..

Colorado

Nevada
San Francisco...

California, other.
Oregon

Total Division No. 7..

-

Total for United States.

113,987

746,593

$122,749
788,745

$51,573
137,713
62,436

$168,544
1,984,206
344,064

94,270
24,065

167,907
91,000
661,236
300,083

$1,878,333

$408,728

$3,720,040

$19S,107

$31,222
103,526
133,103

$364,345

35,241
3,430

318,195
212,214
1,323
131,214

4,871

33,202
219,559

1,289,435
162,003

121,026
2,696

306,293
282,617
32,555
264,021
985,064

723,155

$1,791,782

$910,038

$1,631,658

$47,461,358

$3,131,438

$5,358,663

$55,040,651

$27,010,700

$750,000

$19,019,839
10,011,351
40,031,463

$2,601,831

$13,742,162

$50,301

$6,600,000
3,700,000

$809,000
845,000
3,940,792
3,853,225

$510,367

10

5

19,439,000
13,093,500
4,250,000
11,400,100
2,250,000

76

7,285,000

418,897

3,687,499
2,052,992

3

650,000

33

2.565,000

531

$71,232,600

$20,124,508

80
31

$6,267,500
5,080,000

$1,555,791
1,030,726

5
17
14
12

2,950,000
1,725,000

377,630

11,898,675
8.609,582

285,537

376,782

38,541
69,771
152,521

65,059

$184,864,103

$3,974,356

$195,503,119

$15,274,207

$67,947
470,069
110,914

$15,249,997

39,969

3,735,433
9,274,724

L

669,170
495,234
30,636
414,723

7,133,365
16,552,558

760,000

7,4*23,990

151,392

27,780,470
32,401,869
29,840,099
7,540,740
17,816,606
3,700,425
7,360,257

745,200

5,236

397,111

355,877
408,488

7,528,*43
39,178,086
24,347,146
29,449,572
33,921,909

3,242,500

235,000
698,500

421,028

2,255,128
1,418,887
6,313,807
2.305,696
783,222

1,060,168
369,300

590,397

46,570
390,859
303,065
125,352
309,053
S5,178
211,393
27,837
74,530

45.658
408,728
442,274

779,948

1,040,000
2,932,474
2,414,595
3,533,060
2,193,582
547,789

1,048,146
579,470
531,758

$16,02S,000 $1,624,138 $17,472,705
$1,058,197

$192,767

$1,266,625

15,485.521
9,738,046
3,542,548
2,503,886

702,1S1
652,042

100,956

950,981

34,788

1,578.000

309,546

960,000

304,500

12,869,088
5,536,904
4,179,668
2,928,449
5,005,442

$51,579,967

$4,718,263

$17,957,500

$1,287,800

$471,706

$45,793,758

$3,010,780

$4,057,714

17
1
1
10

$1,290,000

$6,717,669
194,913
2,537,147
4,4 81,964

$S11,977

$183,338

$119,779

$10,561,661

$422,981

$503,500

896,304

35,035
1,048,209
1,024,643
285,010

63,755
119,233
31,009

1

30

159

562,857
226,210

975,000

329,324

156,162

52,862

5,059,969!

107,985
334,213

42,725

301,323
326,214
295,120

47.608

2,208

4,133
10,893’

124,103
1,874,765
4,970,954

250,000

8,821
182,603
303,885
50,000

1,692,710

27,839
498,655

$709,832

$335,984

$908,030

$19,224,493

$2,815,878

$1,048,809

$14,827,997

$4,915,000

$1,687,934

$18,159

13

$800,000

$66,956

$166,345

$1,891,058

$148,082

$83,100

1

100,000
350,00<>
400,000
200,000
200,000

75,000

1,500.000

l,3G0,0o0

28

5,164

This total includes legal

40.000

225,000

$2,275,000

$480,087

1
2
3

-

j $460,209,835

293,011
1.457,286

20,000

105,987
125,000
31,000
75,000

4

Total Division No. 8..

610,002

153

•4,006,379

362,700

205,000

4

Washington Territory..
Wyoming

212,228

692,967
3,389,249
1,444,258
5,632,017
1,799,464
2,944,822

3,480,300

'

132

Iowa

35,981
537,833

$67,256,852 $3,249,113 $27,786,066

4,039,776
306,257
2.033,315
8,965,761
3,498,802

34,213

10,995,603

$S,787,9S6

2,819,240
7,941,243
8,724,728

9

5.

250,350
895,000

3,151,500
7,538,900

164
93

Indiana

119,523

=

931.030

43,000
531,193
1,357,394
646,767

•

6

Chicago
Illinois, other....
Detroit
Michigan, other.
Milwaukee
Wisconsin, other.

7,674

3,177,679

319,289

575,026

498,579
•

268,232
70,989
554,396
180,235
321,324

15
2
8
44
26

Arkansas

27,271

3,451,808

I,412,236

24,267,088
4,611,997
1,854,718

112,516
67,303

18,207,619

423,963

1,835,000
2,281.000
100,000
1,518,000
2,875,000
1,475,000

2

19,189,858

2,579,447 1

11.190,330

15
13
12

Carolina..

*

$241,230,467
7,525,060

$339,726,245

$533,178,127

..

Dakota
Idaho
Montana
New Mexico
Utah....

$880,72C

$52,594,976

No. 3.

Total Division No.

$10,8S6,G24 |

1,659,663

79,358
150,851

1,140,794

43,953,340

114,948
234,825
5,089,701

53,523

351,985

4

55,876,463

Virginia
West Virginia.

Total Division

$302,433,276

175,917
309,457

29,662,840

Washington

New Orleans,
Texas

$1,106,659

186,180
7,<>65,291
1.568,421

60,514.763

Maryland, other—

South

I

52,283

8,312,303
3,291,135
7,894,718

Baltimore

North Carolina

$173,3S8,834

10.443,17<

161,591

213,970
220,104
390,849

Delaware

Total Division

28.497,084

26,115,216

276,562
95,341
232,671

79,048.240

$20,133,817 1

32
22
194

Division No. 2..

114,918,897

$4C,646,95S i

243 1
66

Pittsburg

90.S68

$165,985,670

49
7

Philadelphia....

5,346,548
76,000,553 1
41,652.265

7,496,554
11,200,256

261,163
39,911

i

City.

Jersey....

$110,140

6,737,642

25,539,620

85

Connecticut...

$259,240

$59,328

$409,362

$17,318,305

$9,465,531 |
4,365,540

13.378,544
3,83Q,<»5(

20.0.45, "50

Other.

Individual.

1.116,041
1,780,047

5,9G7,50(
8,151,000

;-;v

Lctjal tender.

Silver.

©

d isco unts.

i

69

Loans and

Surplus.

of

31, 1S81.

THE COMPTROLLER DECEMBER

Deposits.
Capital.

219

CHRONICLE.

927,941
885,396
533,106

1,519,385

168,70S

825,437

169,722
106,220

$6,782,500

85,29
222,400

1,455

24,600

11.450
17,912

76.620

72,935

28,200

118,301

668,365

76,880

4,560

29,180
50,490

$5,771,024

$729,283

$63,025

$418,370

377,686
591,188

$511,606

64,985

61,800

5,489
4,000

744,702

$129,867,494! $1,102,329,164

tender notes and

101,029

13,345

19,227

$105,737,188 $7,943,452 ‘$68,476,119
$12,392,405 $1,169,177,557

i

United States certificates

of deposit for legal tender notes.

Stock and Mining Exchanges, makes a specialty of construction
national banks have been companies’ subscriptions and unlisted securities.
organized:
—Messrs. Fisk & Hatch, of No. 5 Nassau Street, have issued
2,630—The First National Bank of Pendleton, Oregon. Capital, $50,- their handsome annual pamphlet entitled Memoranda Concern¬
000. Levi Ankeney, President: Samuel P. Sturgis, Cashier.
ing Government Bonds, which contains all facts relating to
2,C31—The Merchants’ National Bank of Dos Moines. Iowa. Capital, U. S. Securities,
and also much other interesting and valuable
$100,000. Ilomer J. Ransom, President; William Christy,
information. The book this year is larger and more complete
Cashier.
Citizens National Bank of Friendship, N. Y. Capital, $50,- than heretofore, and in its shape and style is worthy of the
National Banks.—The following

000.

S

McArthur Norton,

President; Mortimer

\Y. Totter,

Cashier.

First National Bank of

Baton Rouge, La,

Capital, $100,000.

President; James M. Pagaud, Jr., Cashier.
*2,634 -The Fulton National Bank of Lancaster. Pa. Capital, $200,000.
John It. Bituer, President: 0. A. Foa Dcrsmith. Cashier.
William Garig,

brokers, publish
gentlemen
conposing this firm are young and energetic business men.
Mr. Douglas Henry, one of the firm, is a member of the Jsew
York Stock Exchange, and Mr. Charles S. Henry is a member
of the New York Mining Stock Exchange, while Mr. Daniel
.Warfield is
gentleman of large mercantile experience. The
firm, besides dealing in all securities current on the New York
—Messrs. Henry Brothers & Warfield, stock
their card in our advertising columns to-day. These




a

enterprising firm

business circular.

which sends it forth as a superb form of
Its contents will be noticed more at length

hereafter.
—The cotton interest will notice in
card of Mr. Henry M. Taber, who has
cotton business. He is a member
makes advances onconsignments of cotton
attention to the execution of contracts

to-day’s Chronicle the
had a large experience in
of the Cotton Exchange, and
and also gives special
for future delivery.

—The card

and quotations

principal brokers in
laneous securities.

stocks of Mr. W.
this date invites the

of miscellaneous

in the Investors’ Supplement of
attention of investors. Mr. Noyes is well

C. Noyes

known as one of the
trust,[telegraph, and various other miscel¬

THE

25-8%

CHRONICLE.

|^0ttctarg5 ©ommcrctal Utiglisk He jus
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.

-MXOHANGS AT LONDON—Feb.
Time.

On-

Amsterdaut
Amsterdam

.

Short.

.

3 mos.

Rate.

12-1*

12 5%

312-2%
312-614

25-72^325-80

Antwerp
Hamburg...
Berlin
Oo
opeuhageu.
n
Stt.Petersb’g.
Paris
Short.
3 mos.
Paris..
Vienna
..

Madrid

20-72
20-72
18-47
24
25*30

3 20-76

320-76
318-50

EXOHANGE ON LONDON.
Latest
Date.

Time.

Rate.

9 Short.

12-15

Feb.
Feb.
Feb.

Short.

25-30
20-44
20-44

Feb.
Feb.
Feb.

Short

Feb.

1217^312-20

45^34538
26-82^326-85

Long.
3

mos.

25-27
25-33
12 00

.

^Calcutta

Hong Kong..

60

d’ye

Is. 8d.
Is. gd.

Per cent.
6

Bank rate

Open-market rates—
30 and 60 days’ bills

Open-market rates—

5%357e

3 months’ bills

4 months’ bank bills
6 months’ bank bills

5%357s

following

Short.

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

3

26-40

deposits

:
Per cent

mos.

Short.
4 mos.

95%
4
Is.
Is.
3s.
5s.

84

889!
8894;
9%d.

4

4%
4%
..4%35

with 7 days’ notice.
with 14 days’ notice

Do
Do

57s3G
57s36
36%

the rates of interest allowed by the joint-

are

Joint-stock banks
Discount houses at call
Feb.

Per cent

4 & 6 months’ trade bills. 6

stock banks and discount houses for

573j: 03575](j

Alexandria
Hew York...

Bombay

naturally produced additional caution, but the mercantile
classes have never considered that the panic on the
Paris
Bourse would have otherwise than a temporary influence
01
money here, and they have not, in consequence,
departed to
any important extent from the ordinary course of business.
The money market has been quiet to-day, and the rates of dis¬
count are quoted as follows; but there is a tendency to east
apparent.

The

323^
325*35
3 25-63 34

4550 34570

Bilbao
Genoa
Lisbon

The

supplies of silver offering have been very moderate, and
the market has been firm at 52d. per ounce.
There has been a
moderate

inquiry both for the Continent and India.
receipts of railways in England since the com¬
mencement of the year have amounted to £3,774,864, against
[From our own correspondent.!
£3,424,872 last year, showing an increase of £349,992. These
London, Saturday, February 4, 1882.
The week just concluded has been one of considerable figures are very satisfactory, and it is expected that the official
returns relating to our trade and commerce, which will bt
importance and much anxiety.
The “liquidation’' on the
issued next week, will show favorable results.
Paris Bourse was commenced Wednesday, but it is satis¬
The supply of wheat and flour afloat continues very large,
factory to observe that it has so far been arranged without
the total of the former being 2,933,000 quarters and of the
greater difficulties manifesting themselves than had been antici¬
latter 152,000 quarters. There has been a fair demand for
pated. The difficulties in Paris have, as is well known, been wheat for
consumption during the week, but there has been no
great, and as stocks have been difficult to hold, in consequence
of the pressure for money, they have been sold on the London activity, and in a few cases holders have had to submit to a
and other markets, and money has been remitted to Paris to' slight reduction in prices in order to effect sales. The weather
ii all that could be desired for the purposes of agriculture.
provide against the necessities which the monthly liquidation
The temperature is sufficiently low to check the progress of
naturally brings about. The settlement in Paris is almost com¬
vegetation, and it is a remarkable fact that notwithstanding the
pleted, and the worst is now probably known.
The stock
mildness of the winter there has not been much rain. Dense
markets have, in consequence, assumed a firmer aspect, and
there is no reason for apprehending that any advance in the fogs have prevailed in London and in many parts of the
Bank rate of discount beyond six per cent will be necessary. country, but these do not impede the progress of agriculture.
The preparation of the land for spring sowing is now being
"This we may consider, therefore, the critical week; but although
there has been much trouble, and although a good many proceeded with under advantageous conditions, and the season,
failures have taken place here, as well as in Paris, it now seems judging from the present prospect, promises to be a good one.
to be very probable that the money market will at an early date Vegetables of all kinds in season are abundant, owing to th#
absence of frost, and the consumption of bread is thereby
become easy, and that the value of money will experience
restricted. An early re-opening of the navigation of ice-bound
before long a decided relapse. The financial panic which has
just taken place was due to causes chiefly on the surface. A ports is anticipated ; but it is still possible that we may have a
cold and trying spring.
large amount of injudicious speculation had been indulged in,
Annexed is a statement showing the present position of tht
but the banks and all institutions dealing in money had, with
Bank of England, the Bank rate of discount, the price of consols,
only a few exceptions, been very cautious, and having demanded
the average quotation for English wheat, the price of middling
ample “ cover,” protected themselves from loss.
In a very brief period the stock markets should assume a upland cotton, and of No. 40 mule twist, fair 2d quality, and the
Bankers’ Clearing House return, compared with the three pre¬
much healthier appearance. There are already indications
vious years :
that this process is in operation, and should the rates of
1881.'
1380.
1879
1882.
&
£
&
£
discount decline, as is anticipated, the value of securities will
Circulation
25,115,355 25,895,520 26,771.335 30,426,730
no doubt rally considerably.
7,431.561
8,618,112
5,972,599
Prices have experienced a heavy Public deposits
6,803,119
Other deposits
24,981,851 26,951,664 28,505,430
22,931,026
fall, and the investing public are not as a rule buyers of stock Go vernm’t securities. 12,510,343 14,351,714 16,481,713" 14,672,591
in a falling market; but as soon as an upward movement is Other securities
25,543,659 22,214,935 18,091,595 24,012,582
Res’ve of notes & coin
9,935,710’ 15,231,664 16,542,770 15,636,628
inaugurated values will probably improve almost as rapidly as Coin and bullion in
both departments.. 19,301,065 26,126,584 28,314,105
31,063,358
they were depreciated. As far as Paris is concerned, the crisis
Proportion of reserve
■will probably be prolonged, as it is well known that the country
to liabilities
33-12
3 p. c.
3 % p. c.
Bank rate
3 p. c.
6 p. c.
has become more speculative, and that the peasantry have sur¬ Consols
98 %d.
98%
96%
99%
44s. 2d.
39s. Id.
42s. 7d.
46s Id.
rendered their old affection for Rente, and dabble considerably Eng. wheat,' av. price
6%d.
Mid. Upland cotton
6°sd.
in new companies.
7^:
5li&
10%d.
No. 40 mule twist
I0%d.
97,886.000 92 ,811,000 76,825.000
Clearing-House
ret’n.
104,396,000
The Bank rate of discount was raised on Monday to six per
The following are the current rates of discount at the leading
*ent., in consequence of the withdrawal of nearly one million
sterling in gold for Paris. French houses, to meet the require¬ foreign centres: Bank
Bank
Open
rh)en
market.
ments incidental to the settlement, have been obtaining accom¬
rate.
market.
rate.
Pr. eL
Pr. ct.
Pr. et.
Pr. ct.
modation in every direction. The French exchange has been
5
4
Madrid
5
5
Paris
6%
6
8t.
Petersburg
7
nom
Brussels
materially against us, but an improvement has recently taken
5«5%
Geneva
6
5
Amsterdam..
5
4%
5
Genoa
place, and the bullion market has now assumed a quiet appear¬ Berlin
6
5%
3%
5%
Copenhagen..
ance.
It is not expected that the gold movement from New Hamburg....
9
5%
Frankfort...
Bombay
Xork will continue. The money sent to Paris will probably Vienna
4
4
return ere long, or as soon as confidence has been restored
The following return shows the extent of the imports tad
It may be noted that the recent panic has been very partial, exports of grain into and from the United Kingdom during
and that only a few important failures have taken place. The the first twenty-four weeks of the season, compared with
•uspensions on the London Stock Exchange have in no case the corresponding period in the three previous years :
IMPORTS.
assumed any important dimensions, and this fact justifies the
1879-80.
1881-2.
1880-1.
-•onclusion that the business here has been judiciously
Wheat
cwt.27,922,777 27,907,825 30,958,605
8,174,197
•onducted for some time past, and that a sound condition of Barley
6,801,873
7,065.136
7,097,701
Oats
1,340,539
5,117.264
1,168,828
things is in existence. The Stock Exchange panic is now over, Peas
867,962
1,261,205
1,390,974
758,123
1,091,678
but the general course of our commerce has b^en interfered Beans
Indian corn
10,912,460 15,570,003 10,361,717
5,408,916
with to a very trifling extent. A six per cent Bank rate has Flour
3,560,055
6,076,754
Shanghai....

'

9,

[Vol. XXXIV.




l%d.

The traffic

.

..

...

...

...

..

..

...

.....

.

.

.

.

•

.

,

•

*

•

...

.

•

•

»

jsbbvaby

THE

*5,1883.j

687,405

623,726

441,332

OWt

39 972

390,353
•

»■«»

11,820
45,653

18,329
341,597
41,709
18,702
156,760

73,217
20,139
471,709
59,128

63,757

894,618
68,329
48,571
9.022

3,650
154,890
44,309

54:753
The following return shows the extent of the imports of
wheat and floor into the United Kingdom during the first five
months of the present and last three seasons, together with the
principal centres whence those supplies were derived:
1878-79.

^^..corn;;;

^

Wheat.

Russia

United States

Brit. N. America ...
Germany

3,136,904
13,289,656
1,694,307
1,310,249

Cliili
Turkey, &o

Egypt.... British India

15,523,534
2,011,406
243,973
1,288

countries

25,803,399

Total

891,713

445,754
1 56,540

86

1,347,363
804,063

34,414
1.893,554
4

2,120.944 \

829,247
■10,850

Australia
Other

3,019,081
17,401,222
2,977,338
1,237,647
5,985

622,931

4,786
378,410
54,247
234,540
4,835,203

France

Cwt.

Cwt.

Cwt.

Cwt.

From—

1879-80.

1880-81.

1881-82.

principal departments,vii.,„
in politics, commerce and finance. Changes in the administra¬
tion of government, failures in mercantile circles and the panie
the Bourse must naturally be expected to exercise a some¬
what permanent influence, and consequently the coarse of
affairs is watched with much anxiety. * It is, however, by no
means necessary to conclude that there is any probability of a
revival of the recent panic; but it is a well-defined axiom that
confidence, when once lost, is difficult to regain. It has always
been so in this country, and the same rule must obviously
apply to other communities. For some time to come the condi¬
tion of things in Paris must be expected to be sensitive, and
business will certainly be conducted with great caution, not
only at that financial centre, but also in Berlin, Frankfort and
Brussels. The inactivity of those markets will also naturally
have some influence here, and consequently any revival of ac¬

|

881,190

58.636 3

23,513,024

4,333,382
11.342,296

1,533.476

2,014,234

3,777

50,573
121,617
124,461
512,378

28,566,512
516,853

450,868
132,828

lSVflTl f*,fi

Brit. N. America
Other countries

144,909

3,453,693

2,430,823

United States

3,398,791
254,485

313,946

104,4L7

1,695,332
185,759

6S7.257

1,150,971

864,603

878,308

4,159,622

5,604,564

5.168.799

3,343,095

...

Total

134,085

on

doubtful. There
in the

stock markets. Prices have, indeed, experi¬
enced a heavy fall of late, and the markets are still sensitive.
During the last few days they have presented a
firmer appearance, but there is no belief at present in any
progressive rise in prices.
The maintenance of the Bank rate of discount at six per
cent., and reluctance on the part of the banks to lend freely,
naturally check active speculation. Gold ha3 been
from Pans in moderate quantities, but it looks probable now
that the supplies of gold which have been sent there will not
be rapidly returned. Apart from the question of gold,
Bank of England is now obtaining more control over the open
market. This is due to the fact that the imperial taxes ar#

condition of our
20,836,380

541,045

723,555
103,570

of home-grown wheat
England and Wales amounted
last year and 37,315
quarters in 1880; while it is computed that they were in the whole
kingdom 200,320 quarters, against 122,300 quarters and 149,260
quarters in the two previous years. Since harvest the sales in the
150 principal markets have amounted to 1,082,870 quarters,
against 920,535 quarters and 731,653 quarters ; the estimate for
the whole kingdom being 4,331,480 quarters, against 3,682,240
quarters in the corresponding period of last season and 2,964,000
quarters in 1879-80. Without reckoning the supplies of produce
furnished ex-granary at the commencement of the season, it
is estimated that the following quantities of wheat and flour
have been placed on the British markets since harvest. The
visible supply of wheat in the United States is also given :
1881-2.
1880-1.
1879-80.
1878-9.
Imports of wheat.cwt 27,922,777 27,007,825 30,958,605
22,649,609
5,-408,906
3,538,870

During the week ended Feb. 4 the sales
in the 150 principal markets of
to 54,080 quarters, against 30,559 quarters

somewhat

returned
th#

6,076,754

15,936,400

rapidly, and that the Bank will hold the pro¬
During the past week money
has been much wanted, and as a settlement will be commenced
on the Stock Exchange next week, the demand for short loan®
may be expected to rule active.
Six to six and a half per cent,
has been charged of late for loans on the best securities, and
the demand for discount accommodation having been fair, the
rate for three months’ bank bills has risen to 5%@5% per cent.
The reports issued respecting the general trade of the country
are satisfactory, and they indicate that a good general busi¬
ness is in progress, and the trade is believed to be of a genuine

being collected

„

Imports of Hour
3,560,055
Sales of liome-grown
produee
18,770,000

prevailed in the thfee

tivity in stock exchange business seems now
795,156 is, however, no reason for believing in any unsoundness

Flour.

Germany

trouble has

as

EXPORTS.

221

CHRONICLE.

ceeds for some

12,843,200 22,66G,600

weeks to come.

character.

The Board of Trade returns show that our export trade 1®
49,210,711 48,855,079 increasing, and there is no reason for disputing the belief
Deduct
"exports
of
938,957 formed a long time since, that the state of our commerce is
wheat and Hour
490,035
637,463
546,173
Result
49,750,747 43,353,516 48,664,533 47,916,122 gradually and, as it were, unostentatiously improving, and that
should the agricultural season prove to be satisfactory, the
Av’ge price of English
wheat for season (qr).
42s. 3d.
47s. 2d.
47s. 5d.
40s. 8d. trade of 1S82 will show as considerable an improvement as 1881
Visible supply in Ucit’d
States
bush. 17,300,000 23,000,000 29,593,726 20,604,146 showed over 1S80. The Stock Exchange panic on the Continent
The following return shows the estimated value of cur im¬ will not exercise any permanent influence here, but it would be
ports of cereal produce during the first five months of the difficult to say when a complete restoration of confidence will
season, compared with the corresponding period in the three
take place. The process of regaining confidence is a slow and
previous seasons:
tedious one, but it has to be remembered that, although w#
1830-81.
1879-80.
1878-79.
18S1-S2.
Wheat
£14,787,893
£12,420,092 £16,703,159 £10,383.220 suffer iu many ways, we are, t® a great extent, observers, and
Barley
2,737,976
2,474,477 are obtaining advantages which freely accrue at times to %
2,842,335
3,547,777
Oats
1,528,627
1,623,133
2,360,561
1,846.820
451,324
.
Peas
'
338,757
502,900
279,960 wealthy community.
208,275
Beans
253,727
423,336
519,957
The return of the Bank of England shows that while the sum
Indian corn..
3,264,264
3.361,881
4,280,106
2,944,821
Flour
4,354,648
3,516,028
4,563,950
2,726,903 of £211,000 in gold has been sent in on balance from Colonial
Total.... £20.127,272
£26,660,907 £30,882,547 £21,230.741 and foreign sources during the week the increase in the supply
The Board of Trade returns for January have been issued this of bullion amounted to £528,678, showing that rather more tharn
week, and they show fairly satisfactory results. There is an £300,000 had been returned from provincial circulation. Thera
has been a decrease of £231,850 in the circulation of notes, and
increase in the value of our imports, and also in our exports
the total reserve has been augmented by £760,528. The publio
The following are the leading particulars:
and private deposits show an increase of £2,760,000, and in con1880.
1881.
1882.
Imports in January
£32,372,907 £26,742,962 £32,019.467
Exports in January
17,313,911
19,820,683 quence of this augmentation in the liabilities of the establish¬
16,912,a53
The movements in bullion during the month of January were ment the improvement in the reserve is from 31*33 per cent, to
as follows:
only 33*12 per cent. The return is, however, quite as satisfac¬
GOLD.
1882.
tory as had been anticipated.
1881.
1880.
£.
£
£
The money market at the commencement of the week ruled
293,234
432,018
226,308
Imports in January.
2,397,064
1,106,906
quiet, but the demand increased as the week progressed, and
647,117
Exports iu January.
Total

50,2o2,S32 49,040,979

T

the

SILVER.

Imports in January.
Exports iu January.

380,149
765,264

508,325

944,622

498,5*4
732,06L

GOLD AND SILVER.

Imports in January

606,457

990,343

,412,381

2,051,528

3,129,125

Saturday, February 11, 1882.

apparent this week that the crisis in Paris has
yet terminated, and that some difficulties may yet arise

before confidence is completely restored.
•ffairs in France has not been satisfactory




periods, and the

The position of
for some time past,

is strong.

Money is much

wanted for

following*
are the present quotations
Pei' cent.
Open market rates—
Per cent.
6

Open-market rates—
30 and 60 days’ bills
3 months’

It has become
not

at the close

Bank rate

791,818

London,

tone

short

4 months’ bank bills
6 months' bank bills
4 & 6 months’ trade bills.

bills

following are the rates of interest allowed
stock banks and discount houses for deposits:
The

Joint-stock banks
Discount houses at oall
ays’ notice
Do
with 7 da;
Do
with 14 day*’ notle®

54®54
54»54
6 ® 6V

by the jointPet' cent.
4

44
...

44

44®*

THE CHRONICLE.

222

export demand for gold has almost ceased, and about £500,000 lias been received from various sources. The supplies of silver
have been small, and the quotation has been well supported.
In the value .of Mexican dollars no alteration has taken place.
India Council bills have been disposed of at the previous quota¬
tions—viz., >,6@l-16d. per rupee. The following are the pres¬
ent prices of bullion :

The

The

COLD.

Bar
Bar

gold, fine
gold, contain’g ‘20 dwts. silver

s.

peroz.
..

per oz.

standard.
standard.

Spanish doubloons

per oz.

South American doubloons
United States gold coin
German

per oz.

per oz.

Week.
Great

;

. .. —

rd

..

ra/

56%e -a>
50% @

$

$100,131
4.907
924

1.450

83.091
40,934
57,8-JO
4,035

115,960

$7,287
91,39 1

08,400

313.390

5.3 >7

$291,891
4,708,687

$219,500

$1,506,180

32,000

267,000

00.000

10,700

$1,076,058

$5,303,998

787,759

Silver.

Great Britain
France
German v
West Indies
Mexico
South America
All other countries

s>

....

Since Jan. 1.

150,000

Torn! 1383.’
Total 1381
Total 1880

been rather cold, but there have been no

The weather has

$5,077,298

Mexico
South America
All other countries

Discount, 3 per cent.

Quicksilver, £0 0s. Od. 6>£6 5s. Od.

$1,076,658

Britain

Week.

West Indies

peroz.
per oz.
per oz.

Mexican dollars

Imports.

Since Jan. 1.

France

standard. 52
^ 5standard 52"lfi

Cake silver.
Chilian dollars

Exports.
Gold.

d.

per oz.

5 grs. gold

EXTORTS AND IMPORTS OF SPECIE AT NEW YORK.

Germany

sir. vet:-.

Bar silver, fine
Bar silver, contain’g

since Jan. 1, 1382

d.

s.

following table shows the exports and imports of specie
New York for the week ending Feb. 18, and

at the port of

74 0
73 10

per oz., none here.
per oz

gold coin

d.

[\’OL. XXXIV.

$

$11,193

869

869

3,000

✓

12,947
3,020

87,700

2,409

16,865

92,664

Agricultural work has made, therefore, satis¬
4,634
factory progress, and the prospect is regarded as more than
Total 1882
$19,842
$251,500 $1,770,180
$213,975
223.040
405.835
Total J 881
1,610.570
510,853
nsualty encouraging. Autumn sowing was completed during
Total 1880
859,212
49,0 79
93,270
505,949
the remarkably fine weather, and there are indications that
farmers will be equally fortunate this spring. The wheat
Of the above imports for the week in 1882, $5,632 were
trade is very quiet, if not dull, and where sales are pressed American gold coin and $15,176 American silver coin.
Of the
lower prices have to be accepted. The following are the sup¬ exports for the same time $1,051,653 were American gold coin.
South Carolina Railroad.—It is reported that negotiations
plies of produce afloat to the United Kingdom
Wheat,
are in progress for the sale or lease of this road to the Rich¬
2,903,000 quarters ; flour, 187,000 quarters ; Indian corn, 93,000
mond & Danville Company.
quarters.
Toledo Delphos & Burlington.—At a meeting of the stock¬
English Market iieporis Per Cable.
holders of both roads, the consolidation of the Toledo Delphos
& Burlington with the Toledo Cincinnati & St. Louis Railway
The daily closing quotations for securities, &c., at London
was ratilied, the new road to be known as the Toledo Cincin¬
and for breadstutis and provisions at Liverpool, are reported
nati & St. Louis Railway, and to form a narrow-gauge line be¬
by cable as follows for the week ending February 24 .*
severe

frosts.

—

tween the cities named.

London.

Sat.

Silver, per oz
d.
Consols for money
Consols for account
Fr’ch rentes (in Paris) fr.
U. S. 5s cxt’n’d into 3%s
U. 8. 4 %s of 1891
U. 8. 4s of 1907..-

5‘2i 3

H)0V>

iooq

100%
S3* 10
103 %

92*89

103%
115 %
119%

New York Central

136 k*
0 %
31 %
131

Liverpool,

Sat.

Illinois Central
Pennsylvania

Philadelphia & Reading.

j

52

100116

4oq

Erie, common stock

Mon.

115%
119 q
40%
138%
02%
31%
133%

Tucs.

Wed.

Thurs.

52
091 ig

52

52
101)1 ip,

Fri.

i

1091

ig

1OU^! r,

100*4
100q6 j 100%(j
82*80
82-87% •02-90
103%
103%
103%
115 q
usq
H5q
119%
119%
119=4
38 q
88
39%
130
1.37
135%
(5 2
01%
29 q
30 q
29%
132
132%
132%

92*92%
L 08 %
11 5 !.j
119%
36 '3
1 35%
6 l %
29
152

......

j

(1.

s.

State.. 100 lb. 14
10
Wheat, No. 1, wli.
“
10
Spring, No. 2...
“
11
Winter, West., n
“

0
0
4

\4

O

10
11

10
0
Pork, West.mess..$ bbi 7(5
Bacon, long clear, new.. 45
Beef, pr. mess, new,$tc. 30
Lard, prime West. $ cwt. 55
Cheese. Am. choice, new 63

3
O
O
0
O
0
0

10
0
76
45
90
55
63

c.

Flour (ex.

I

Mon.

Cal. white
Corn, mix., West.

“

“

10

d.
O
0
4
0
3
O
0

0
0
3
0

Tues.
•d.
14 0
10 0
10 3
10 10
s.

Wed.
s.

d.
0
0
3
10
3

Fri.

Th urs.
s.

d.
0
0

s.

14
14
10
10
10
10
3
10
10 10
3
10
10
3
10
5 11%
5 11% 5 11%
70 0
0
0
76
70
45
0
45 0
15 0
80
0
80 0
80 0
55
3
0 54 9
[03 0 |63 0 63 *0

|55

Wabash St. Louis & Pacific.—In the suit of James Compton

Railway Company, involving over $1,000,000,
Judge Doyle, of the Common Fleas Court, at Toledo, Ohio, ren¬
dered a decision on February 20 against the company. The
suit was on equipment bonds to the amount of $600,000, which
were issu-d in 1862 by the old ToFdo A Wabash Railway Co.,
bearing interest at 7 per cent. In the subsequent consolidation
in 1865 with several other roads, forming the Toledo Wabash
& Western Railway, it was provided that the -bonus of the
original companies should be protected by the consolidated
company. -In foreclosure proceedings afterwards, under a
mortgage made subsequent to the consolidation, the equipment
the Wabash

vs.

52

.

d.
I

10 5
10
3
10 10
10 0
5 11
75
0
45 0
79 0
54 9
63
0

were ignored.
The decision is reported in favor of the
plaintiff, declaring him entitled to the money value of his
equipment bonds, with interest since 1862 at 7 per cent.
—Attention is called to the card of Mr. Gf. II. Whipple in to¬
day’s Chronicle. Mr. Whipple has had large experience in Wall
Street securities, and now makes a specialty of electric light
Parties desiring to purchase or to obtain information
stocks.
of this class of stocks may be glad to avail themselves of Mr.
Whipple’s services.

bonds

BANKING AND FINANCIAL.

©omiucvciaX aud IXXisccXlanc o us a! cni

ANNOUNCEMENT.

Week.—The imports of last
the preceding week, show'
an increase in dry goods and a decrease in general merchandise.
The total imports were $9,547,904, against $9,726,316 the pre¬
ceding week and $8,843,442 two weeks previous. The exports
for the wreek ended Feb. 21 amounted to $6,611,935, against
$5,820,543 last week and $6,969,200 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Feb. 16 and for the week ending (for genera!
merchandise) Feb. 17; also totals since the beginning of first
week in January:
Imports

and

Exports

for the

week, compared with those of

Wo

MENT

Its

CONCERNING GOVERN¬

BONDS,” containing information valuable to

all investors.

principal contents arc memoranda concerning

Government Bonds,
State Bonds,
Tlic Debts of

Foreign Countries,
Stock Dealings,

A

FOREIGN IMPORTS AT NEW YORK.

publish to-day our “ MEMORANDA

and Notes on Gold
For Week.

1879.

1880.

1831.

1882.

Gen’i mer’dise..

4,058,280

$2,808,720
0,404,274

$3,050,903
5,703,937

$2,970,530
0,577,308

Total........

$6,813,935

$9,273,000

$8,820,900

$9,547,904

sending this book, free of charge; or it can
at

Dry goods

$2,155,705

Since Jan. 1.

$13,695,836

$19,048,249

Gen’l mer’dise..

26,597,550

42,723.080

$17,647,435
33,045,991

21,107,295
44,110,500

Total 7 weeks

$40,293,380

$01,771,929

$51,293,429

$65,283,801

Dry goods

i

In

our

report of the dry goods trade will be found the imporrs

of dry goods for one week later.
The following is a statement of the

exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending February 21, aud from January 1 to date-:
EXPORTS FROM NEW YORK

-

1879.

FOR THE

1880.

To anyone

our

and Silver.

in
be obtained by application

desiring to make investments, we shall

take pleasure

office.

We continue'’to buy

and sell Government Bonds in

amounts, without charge for

Commission.

counts, subject to ,check at sight,
balances

large or

small

Wo receive depo it ac¬

allowing 3 per cent,

interest on

averaging over $1,000 a month.

WEEK.

1882.

1881.

$0,611,935

For the week...
Prev. reported..

$6,382,4 85
37,173,991

$0,147,484
30,304,181

$0,728,009
43,215,431

38,070,121

Total 7 weeks

$4.5,5 5% 176

$42,4.51,665

$49,94 1,010

$45,298,070




of 1S80,

Compendium of the Published Returns of the Census

.

We do a General Commission business
in at the Stock

in all Stocks and

Bonds dealt

Exchange.
FISK &
5 Nassau

HATCH,

Street, New

York.

February

THE

23, 18E2. J

tinware already more abun¬

get tolerabiy steady, and this week
dant. Whether there will be much foreign
and bonds at the lower prices remains to be seen.
in London, and GO-uays bills here are again nearer
demand. To-day the rates on actual business were

;iinutHcrs? (&<\zstie.

'glxt

dividends;

Fame

of Company.

Per
cent.

TF/< en

Payable.

223

CHRONICLE.

Closed.
(Days in elusive.)
Books

demand for stocks
Money is easy
in price to
about 4 85
bankers’ G 9-days sterling and 4 89 % for demand,
transfers 4 90%. Specie to the amount of $1,025,000

prime

for

with cable

reported for to-morrow’s steamers.
In domestic bills New York exchange was quoted to-day as
2*2
Mar.
17 Mar. 2 to Mar. 19
1%
follows at the places named: Savannah, buying
sell¬
Mar.
10 Feb. 24 to Mar. 10 ing x/i@Ys ;
1*4
Charleston, buying 3-16 premium, selling
prem¬
:
ium ; New Orleans, commercial, 125(g)150premiura; Bank 200
...
YORK, FRIDAY, FEBRUARY 21, lSS‘2-5 P. M.
premium ; St. Louis, 75c. discount; Chicago,
;
is

Kaliroad#.
Hanover or mi k
St. Paul & Duluih prof
HSiscellaiicous,
Del. & Hudson Canal (quar.)
——-

—-—

NEW

Market and Financial Situation.—This week
tlie attention of the whole country has been concentrated on
Wall Street. The decline in stocks has been more general and
more severe than at any time since the memorable 25th of
February, 1881, when the pressure in money was so great that
brokers paid over 1 per cent, a day, and stocks fell off precipi¬
tately. Tut that stock panic of 1SS1 was wholly artificial and
produced by the threatening legislation in Congress,
the present decline is natural, so far as it is not ascribed to
outside causes, but directly to the bearish influences operating
The Money

%
50@75 off Bos¬

par@12^ premium.
Exchange.—Quotations for foreign exchange are as follows,
the outside prices being the posted rates of leading bankers :

ton,

whereas

inside the market.
It is quite useless in a
stock to another and
weakness of each, and
tend to give such reasons

February
Prime

bankers’ sterling

Prime

commercial

Documentary
Paris (francs)

Amsterdam

time like the present to pass from one
attempt to give the precise causes foy the
half the rumors of the Street which pre¬
bear on tlieir face the evidence of

that the

improbability. It now appears quite clearly, however,
stock market has been in a position where it was
assailable, from the fact that it carried a number of specialties
whose prices had been pushed up to unreasonable figures,
when these inflated stocks were attacked and hammered down,
one after another, twenty, thirty, forty per cent., they had the
effect at last of breaking the whole market. Our reports for

peculiarly
and

some

weeks past

have shown that

continued at 3 *2- continued at 3>2- -

6s,
os,

4 his,

rear.

1891
43es, 1891

9i7g

90*2

9.158®

95 ?8

*

invest¬
sound
sufficient
that great dis¬

1

22.

88^
88

12^2
40°8

This is the

1 17 7b 118
*120
*126

Q.-.Ian.
.j.

-i.
J.
J.
J.

j.
& j *127
1 28
e'e J.
*
it 3. 1 29
it J. *130
’

price bid at the

;

*10033 *100%

;

10178 *1017b
1 13*8 *113*8
*114 s8 *11412
11 l7s 11734

.

a

11778

11 7 7t'

o

*125
i 2(5
*127
*128
"129

h-H

c

•kS1129
’

morning

130

Feb.
24.

1

*100 Pi
J. <fc J. 10078 *1007a
101 78
*102
*10178
Q.-Fcb.
(l.-Mar. *11312 113 >2 113*8

*

Feb.
23.

Feb.

Feb.
W

Feb
20.

Feb.
18.

*114% *11 4*2 *114*8
coup. t>.-Mar. M177e 118
1177d
Q.-Jan.
*

4-8,1907
reg.
is, 1907
com*.
6s, cui’ey, 189o..reg.
Ga, eur’ey, 1830..reg.
6s, eur’eya 1897.. reg.
6s, cur’cv,’ 1898. .reg.
6s, cur’oy. 1899..reg.

would eventually break the entire market.
For practical conclusions to be drawn from this week’s trans¬
actions, it is hardly necessary to say that a heavy fall in stocks
always presents a good opportunity to buy, either for

:

*

1 25
*126
TTTT
'124
*129

11778
*125
*126
*127
*128
*129

board; no sate was made.

Railroad Bonds.—Tennessees have recovered
slightly on the report that the Governor of the State may
the Legislature together to pass a funding lawr without the taxreceivable coupon provision. In Virginia tlie Riddleberger law
puts things in a bad position, but the two laws
“cou¬
pon killers” will be contested in the courts by
good hopes of success.
State and

or—wirliin reasonable limits—on margins; but the
dividend-paying stocks which are carried down without
cause are at such times usually the safest purchase.
A second
point brought out by this shaking up, is the fact
crimination is required in our market now, as to the stocks
selected for speculative operations, as tlie circumstances have
completely changed since the days wdien the active
hardly more than a dozen stocks in which the dealings were
likely to be heavy at any one time.
The money market was fairly easy in the early part of the
week, and 4@G per cent, was paid for call loans by stock bor¬

call

called
bondholders, with

been weak, with
consolidated fell oif sharply, but re¬
prior lien mortgage
of the company ‘just negotiated for the purpose of building a
double track west from Hornellsville to Buffalo is not a new

list embraced

Railroad bonds of the speculative class have
stocks, and Erie second
covered materially to-day. The $2,500,000

of the first consolidated mortgage, set
reorganization of 1879 as reserved for contingent
improvements or extensions.
Railroad and Miscellaneous Stocks.—The stock market
went on from bad to w'orse with very few rallies of importance,
They are part

issue.

caused an ad¬
ranging as

but on Thursday the unsettling of loans
and commissions were paid then and to-day
high as Ys ot 1 per cent, in some cases.
dealers have obtained money at 2/£@3 per cent.,
commercial paper is quoted at 5/£@6.

TV

4 S91s 5>4
*8
8>4
87 *2 ® A
5 l'>J%g>5
40^*8®

States

Periods.

they

rowers;

183^2
Tvb 17*2
(V 40 ip

83
20

40
94 r>a®

(reichmarks)

Interest

the

vance,

8312'2)4 84

follows:

remarkably well against the large decline in a few of
weaklings, but at last it became almost a certainty that if such
heavy drops continued to occur in one active stock and another,

ment,

(guilders)

86*2

Tv 1

S5

Bonds.—Government bonds have yielded
slightly to the disturbance in the stock market and the higher
rates for money, but the decline is very small. Secretary Folger
has not yet given notice that he will anticipate the payment of
any of the called bonds, but it is thought probable he will do so
if money becomes veritably stringent.
The closing prices at the New York Board have been as
United

the general list of stocks held

up

4
4
4
5

bills on London

commercial

Frankfort or Bremen

Demand.

Sixty Bays.

21.

Government bond

and prime

forth in the

There was at no
except for a few
The Bank of England weekly statement on Thursday showed moments about one o’clock on Thursday, when Richmond &
iucrease of £403,000 in specie, and the percentage of reserve Danville made its plunge to 130, after selling at 219 in the morn¬
38 9-10 against 37% last week; the discount rate was reduced ing, a decline of 89 points.
To day, Friday, the general tone was much better, and there
to 5 per cent, from 0 the previous figure. The Bank of France
evidences of strong buying by parties who are able to hold
increase of 9,000,000 francs gold and 4,300,000 francs
shows
One of the Street reports had' it that the heavy bear clique
showed a profit on paper at the close of Thursday of $7,000,000,
silver.
but they had not then covered their sales. The leading prices
The last statement of the New York City Clearing-House
of stocks to-day show that the market is yet largely oversold,
banks, issued Feb. 18, showed a decrease in their surplus re¬ and
sharp purchasing movement may take place at any time.
of £2,978,950, the total surplus being $1,072,225, against
With all the excitement of last week and this, and the
unusual desire to get at some facts to account for the large de¬
£4,051,175 the previous week.
in such stocks as Louisville & Nashville, Denver & Rio
cline
The following table shows the changes from the previous week
Grande, &c., there has hardly yet been developed a single point
and
comparison with the two preceding j^ears :
of great importance. The hands of the great manipulators have
not yet been clearly seen, and if they are behind the scenes and
1880.
Differ
fr’m
pulling the wires for the purpose of extending their control over
previous week.
certain of these stocks, or for any other purposes, that fact re¬
$745,800;$320,807,300;$290.091.200 mains to be shown in the future. In the absence of any definite
Loans
$328,659,300
3,750.500' 05,8-19,(500| 59,887,200 facts to account for the daily fluctuations in various stocks,
59,479,000
Specie
34,900!
18,250,500; 21,282,200
19.975.090
Circulation...
4.76 4.200 307,718,1001 271,601,000 beyond the bids and offerings of the moment, it is only necessary
305.887,100
deposits
419.500!
14,387,200
15,505,500 to refer to the daily range of prices, given on another page,
18,065,000
Legal tenders.
$67,90
>,250 showing the highest and lowest reached, and to remark that the
$76,929,525
$1,191,050
Legal
$7(5,471,775
75,392,700
80,730,800
4,170.000
Reserve
77,544,000
closing prices of. to-day were near the highest.
It
be observed that this sharpest flurry in stocks has. oc¬
$7,492,450
$3,807,275
$1,072,225 Dec.$2,978.950
Surplus.
curred at a time when the monthly reports of railroad earnings
showing an extraordinary increase over the corresponding
Exchange.—There is the prospect of a. larger supply of bills
periods of the previous year.
from the shipments of grain and cotton if prices keep down and
reached on Thursday.
the Stock Exchange,

till the lowest point was
time a feeling of panic at

an

was

were

an

on.

a

serve

a

and dis.

1881.
Feb. 19.

nces

1882.
Feb. IS.

fnc

.

Feb. 21.

.

Dec.

Net

.

Inc.
Dec.

•

Dec.

reserve.

held.




£

Dec.
Dec.

may

are

f

THE

224

CHRONICLE.

[Vou xxxrv.

RANGE IN PRICES AT THE N. Y. STOCK EXCHANGE FOR THE
DAILY

HIGHEST

AND

LOWEST

WEEK, AND SINCE JAN. 1, 1882

PRICES.

Sales of Range Since Jan. 1, 1882 if,°r
Year
the Week,
Shares.
Lowest.
Highest.
Low.
•

STOCKS.
Monda
Feb. 2

Saturday,

Z:

Feb. 18.

RAILROADS.
Albany & Susquehanna
Boston A N. Y. Air-Line
Do
Buffalo Pittsburg*

*130

132

2]

Feb. 22.

132

132

68" "68'

pref...
Western...

Chesapeake A Ohio

90 34

Delaware Lackawanna A West.
Denver & Rio Grande

Dubuque <t Sioux City

48*2
17*2

51
17*2

*3334
94 7e
903a

35
97*2
91*4

*23 4 "23 hi
130
135

36

*35
25
130

25
130
13334 134

26
130
135 *4

10884 lOUSs
12134 122
133 7e 134 'v

108*2 10934

142 %> 142 %
132
132

142

80

48%

48%

95*2
90%

5s

122

122

100*2

‘78

80

34%
94
89%

93,640
39,721

119*9*6

21%

31%

32

*21

25

1

3134 13134
74
33 *4

34*2
100*4

34
100
48

20

74

33%

50

99*2 100
48
48*2

80

78

78

128% 128%
131% 132%

*21
129 %
128
129%

106% 108%

107

1*28%
139

11%

12434 12534
64

65 %

2214

22%

12

93*8

12
94

98*4

9934

i*3*4%

136 %

413,

42

123*4 124*4
61
02%

124*8 125*2
63
60-4
S3

83

13*4

13%

22

22

1034

*12**
20 3s

13*4
21*4

99%

99%

78
136
42

32%

31

11034 111%

IO934IIO %
51*4 51*4

10%

6,073

m'% *1*2*4% 12*23* 1*24%

113*8*92

60%

63

97
75

98%
75
132*2 133*2
40

19

20

19%

20

40

"9134 *92% **9*1% *9i%
95

98%
65%

65%
13134 134%
38

40%
13%

29% 29%
108*4 109%

"2734'29%

94
62

97
67

132% 1333,
38

40 %

56 %
*94
2934

8634
96'*2

79*2
71*2
56*8
93%

32

30

57

* 8*6*
71*2
57
94
30*4

cinnati, 1st pref.
2d pref.

51

51*2

108
109%
51% 51%

67%

79*2

"6934 **74** *7*6% **73%

53%

5.1

94
30

94
3t

*8
69
87
85 %

Memphis A Chai <«ston
Metropolitan Elev* ted
Michigan Central..
Milwaukee L. Sh. A West., pref
Minneapolis it St. Louis....
Do
pref...

216,467

4.600

10,600
400

15,615
2,400

94%

94%
29

94
30

1,360

710

..

1*69*34

72%
19 3s
*32
*14

72%

7i

19%

11

32

Oregon it.Trans-Continental
70*2
Panama, Trust Co. cei tiiicates. *190
Peoria Decatur it Evansville...
29*8 29*4
61 *4 61 *2
Philadelphia it Reading
Pittsburg Ft. Wayne it Chic
*132
134
Rensselaer it Saratoga
Rich.it Allegh., stock trust ctfs.
*2*7* % **28*
...

31,050

8fc

"2.807

80%
45%

82
45

40,250
600

3.
It
72

70

61

32%

5 *22 % *1*2*2%
68

72

C2

71%

129% 130%

128% 130

1<>5

75

105
35
73

170

169

105

37%
74%
170

2334

38%
21%

4*7

106

71%
18 \

66%
1*%

30%

27

26%
57%

27%
58 34

169

22

33%

70

37%
74 %

%

46
31

69

*23% **2*9%
58%

30%

96 % 100%

26

68
129
104
36

97

*6*9%

130%;
104

37%
7434

73

50%

47 %
31
68
18%

"66" "66"

2*8*
58

55,645
80,150

668
285

50

33%

29%

71'4
20%
30

15
60 %

15
64

2G%

28%
50%

5634
133% 133%

225

230
260
29% 31

if

Wabash St. Louis A Pacific
Do

pref.
MISCELLANEOUS.
American District Telegraph
Colorado Coal A Iron
Delaware it Hudson Canal
New \roik & Texas Land

Pacific Mail..
Pullman Palace Car
Sutro Tunnel
WesLUnion Tel., «x-certittcates

I

89*2

89*2

109% 110
43% 44 %
14*4 15*4
117*2 118
31 34
32 34
59% 60%
4l %
108
*42

*42%

43%

109*4
43%

134% 135

Wells, Fargo A Co
COAL AND MINING.

86

38

109% 110
42 34 44%
15

15

117

117%

31

32

58

60%

49
41%

49

26

25 %
219

219

219%

130

2oa
30

164% 235
28% 29%

29%

4.94 5
31
Feb.
137,688 i 0( % Ft b
6,550
Feb.
3,700
Feb.

3,310

5*610
45,100

159
165
180
2t)0
28 34 30%

85

116%
28%
54%
50

50

*40

*40

41%

109

14

14

50

50

37%

40%

ii*i” ii*4%
28%
55%

30%
57%

49

49

41
41%
3834 43
107% 108% x06% 107%

42%

38
122

41%
128

39%

41

124

125

79

80

145
90
*74
126

145

92
77
127

79%

*143
90

146

75
128

75
128

9134

78%
G40
*90

75%
•120

79%
146
92

75%
128

Consolidation Coal
Homestake Mining
Little Pittsburg Mining
Mariposa Land it Mining

1,600

29,250
1,043

Oameron Coal
Central Arizona Mining
Deadwood Mining




ar«

the

Jan.

42
128
38
122

Feb.
Jan.
Feb.

142% 142%
90
92
73
73
125
125

10
3»3
312
133

142 % Feb.
90
Feb.
73
Feb.
125
Feb.

*1%

30 34
20

1%

30
*19

1%

*

900
100

30
20

1%

30

Feb.

15% Jam
1% Jan.
2

Jan.

18% Feb.

*34%
r240
*13
60
"16 %

35

35
i*240

*34 %
'240

14
60
17

35

*34%

35

100

35
*

12

12

*57 %

57%

60

*16%

16

16%

12%

*34%
11%

12%

*5*0*6

*15%

*16%

800
200

1,30*6

*i

i*%

*6

7

*1
‘16

17

400

3

300

2%

1%

prioes bid and asked—no sale

was

made at the Board.

33
Jan.
240
Jan.
11 % Feb.
57

Jan.

14

Jan.

31% Jan.
1
6

**'i*6

f ICx-privilege.

Jan.
Jan

% Jan.
17

Feb.
2 % Jan.
2-»c Jan.
1 % Feb.

126%

64%
30%

70%
54

114%

,

Jaa. 27j 96 1130%
Jan. 14 3934 52%

141 80%! 96%
4 164%|190
28% Jail..
25% 43%

6

‘->v

172

Jan.
Feb.

20

J an.

•23%; 26%

58% Jam

53

37 % Jan.
77 % Jam
25 % J am

3234
64%

37%
83
200

190

40
250

Jam
Feb.

263
Feb.
31% Feb.

21% Feb.
4334 Jan.
92

Jam

40% Jan.
66 m Jan.
106 % Jam
30 34 Feb.
71 -Jan.

115% Jan.

51% Jam
17% Jam

119% Jan.
38% Jan.

71% Jan.

7

88%
60

64

37a4 Jam 14! 27%
67% Jam
135 % Feb.
140
Jam

51

37%

18

Jam
Jam

75
195

j 70

21
35

38% Jan.
23 % Jan.

50

57%
74*4

142

3! 127

146
80
99% 171

130
35

122
22

174%

22
39
85
39
55
90
26
70
88%
41%
15
105%

50%
77%
143%

50

33%
64%

55

81%
115%
42%
89%

113%
73%
38

131%
60

96%

60
Feb.
45 ‘4 Jan.
109 *0 Feb.

49% Jan.
140

82 % Jam

*141
143
90 34 90 34
*74
75
*123
128

24
II
93
126

Jan. 14' 63 102
Jan. 14 130% 155

Feb.

185,272

*59%

Jan. 2l! 18% 39%
131
Jan. 14 118

Jan.
45% Feb.
145
Jan.

"77" **78%

■torment mfr;*>-*•

These

31

783,

76%

30
*19

Excelsior Mining
New Central Coal
Robinson Mining
Silver Cliff Mining
*

24 % Jan.
20
Jan
Feb.
78
Feb.
35
Feb.
45
Feb.
79 a4 Feb.
26
Feb.
68
Jan.

% Feb.
763s Feb.

Maryland Coal

Ontario Silver Mining
Pennsylvania Coal
Quicksilver Mining
Do
pref
Standard Consol. Mining

Feb.
Feb.
Jan.

5,617
3834 Feb.
8,144 105% Jan.

400

78%

55% Feb.
133 % ; eb.
139
Jan.

1,300 108% Jan.
36 % Feb.
61,180
2,100
10% Feb.
51,435 11034 Feb.
28,285
27% Feb.
80,300
54% Feb.

130* i*3*i*
128

127

36%

11034 1153,
27% 29%
54% 56*2

40%

**4*2% **43% *4i*%*

8,600

1,700
1,610

%

.90
26

2i
2,975
7,867 130
2,989 150

80
38

108% 109% 109
40
15

60

Feb.
Jan.
Jan.
Feb.

110%
117%
59%

50

15 %

1

Feb.

J el).

63
38

79

Feb.
Jan.
Jan.
Jaa.
Jan.
■
39% Jan.
104 % Jan.

Fob.

Jan.

44

82% Jan.

Feb.

20

56

65%
112% 135%

Jan.

22
Feb.
120 % Feb.
Feb.
62

168

30%

92
90
52
21
01

Jan.
Jan.

8,095 j 46

‘*26** **27

*32 >8

84

**22** *23%

92

146%
57%

14
41
32

32
Feb.
15 % J an.
9 % Jan.

Feb.
Feb.

14,584 j 22% Feb.

20
800
800
943

41%
IO734 108%

U27

.

254

42
108% 109%
....

22

i

121
106

38%

60% Feb.
98 % Jan.

1

3.

EXPRESS.
Adams
American
United States

53%

38*8
53%

38*8

..

Oregon Railway it Nav. Co

25%

*32** *34'

_

Union Pacific

27%

222
227
259% 261 %
30*4 31 %

258

Rochester it Pittsburg
Rome Watertown it Ogdensb’g
Bt. LouisAltou it Terre Haute.
Do
pref.
St. Louis it San Francisco
Do
pref.
Do
1st pref.
Bt. Paul it Duluth
Do
pref
St. Paul Minneap. A Manitoba.
Texas A Pacific
.
Toledo Delplios it Burlington ..

27

(

94
63
124

Jan.

75

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

21
33

16%

24! 35%
151123%
20,300 !
231 87%
77,782 128% Jan. 31!13534
350 101
Feb. 241199%
82,4 10 I 35
Feb. 23 43%
73
Fel). 24t 85
2,700
86

2*3" *2*334

19
30

55%

30

93
22

2334

33%
72%

*26**

27 34

*

Richmond it Danville
Richmond A West Point

93
25
11
7
50
84
79
42
20
60
■20 %

**4()6

50
85 34

Feb.

113%

12% 12%
44% 350

Jan.

*1*0*6%

61

77

131

13
23

52 % Feb.

48% J an.

60

107

76% 88

Jan.

49

101%

66

137% Feb.
48% Jan.
13% Feb.

Feb.

950

6,050

81

J an.
Feb.

86

88

127% 142
82
96%
18% 32%

111% Jan.

38
Feb.
3 3 % Feb.
48
Jan.

20
60

Missouri Kansas it Texas
3338 34*8
32%
Missouri Pacific
1013s 102*4 100%
Mobile it Ohio
29
29
28
Monis <t Essex
122
Nashville Chattanooga it SI. L. *76" *76*
73*8 / o
New York Central & Hudson
131*8
1302* 131*2 130
New York Elevated
*106
108
107
*105
New York Lake Erie <t West..
39% 393s
38% 39%
Do
70*.
76
pref.
New York New Haven it Hart.
1*6*93*
New York Ontario & Western..
25
25%
24*4 25%
Norfolk it Western
Do
54
^ pref
53 34 5J
Northern Pacific
34% 3;
34*4

16
110

148%

33% 51
91
109%
41% 68%

26% Jan.

67% Feb.

53%

129
40

Jan.
J an.

126,09*5

61

6C

84
16

115%.Ian.

5134

*8

Feb.
FebFeb.
Feb.
Feb.
Feb.
Feb.

03
49% Fob.

61

93
*28

128% Feb.
74 % Jan.

164,590
1,100

5434

29

Jan.

21% Feb.
59% Feb.

136

131% 147%

Jan.

37% Jan.

70

117

Jan.
57% Jan.

2734 Feb.

64
50

11G 3. 140

Feb.

84

36%

156

133% 182%
101% 129%

37% Jan.

.2734 Jan.

2*225

23

127

Jan.

104
Feb.
21 % Jan.
66
Jan.

83
10
19
8
91
91
62

10,200
1,800

20% 33%
32% 48%

Jan.
Feb.
Feb.

14 5
135
>-4

9% Feb.

200

23% 29%
108% 111%
49% 49%

123
136

Jan.
Jan.

65

100

*1*6" "1*2% *1*6% "ll%

*

86

*3*66

10%

13%
33

137% j an.

700
236
*

200

*93% **9*3% **9*2% ‘*93%
78
134
41

33
87

132

82

r

110% Jan.

102

76

88

63%

04 % Jan.

97% Feb.
47 % Feb.
7 5 % Fel).

99%
47%
76%

59%

Jan.

Jan.

37% Jan.
26% Jan.

10,525

30

10%

% Feb.

26

97% 100
47% 47%
75 % 75 %

'72

33 %

9%

i 35

138

75% Fob.

2t*34 Feb.

74%

1

97 % Fel).
94 % .Tan.

10,200

74%
29%
98%

34,273
2,935

High

37% Jan.

89
Jan.
86
Feb.
70
Feb.
20
Fib.
31 % Feb.
23
Fob.
28
Jan.
28
Feb.

32%

*.

T30

10

11*2

11

530

1881

56 % Jan.
21
Jan.

915
200

139 % 1403*
129 % 131

T31 %

47%
76%

Job.
Feb.
Feb.

19 % Jan.
21
Jan.
::G % Jan.
29% Feb.
74
Feb.

131% 12934 131%
140

88

1034

108%
120%

5,020
74,463

Jan.
Jan.
Feb.
Jan.
Feb.

32%
70%
3934
85%

33% Jan.

538
800
390

1*29%

120

Q 31

31 a4

Do
pref
Ohio Central
Ohio it Mississippi
Ohio Southern

87%

92*4

32

a

143
132*4 133

*

Long Island

,

'33

300
100

*29

pref

each Co

80
44
15

*2*6" "2*2"

—

Louisiana it Missouri River....
Louisville A Nashville
Louisville New Albany A Chic.
Manhattan
Dt
1st pref

94%
89 34

7

12,765

32*4 32*4
24 *2 24 “4
129*2 129*2

131*2 33 *4
142
140

133's 134*4

34 50

100

pref..
Green Bay Winona & St. Paul.
Hannibal A St. Joseph
Do
pref

Lake Erie & Western
Lake Shore

91
86

133

3934 Jan.

*70
46

*2*2% *22%
132.34 133 ’2
107*4 108%
122 >j. 122%

*

*34 >4

Do

Houston A Texas Cent ral
Illinois Central
Indiana Bloom’ll <fc West., new.
Keokuk A Des Moines

93
89

82

*3*5**

*3334

*23*4

33*2

*13* '1358

East Tennessee Va. A Ga

v.

30
Jan.
32 % Jan.
60
Jan.

*

Cleveland Col. Cin. A Ind
Cleveland wt Pittsburg guar—
Columbia it Greenville, pref—
ColumbuH Chic. A lnd. Central.

Danbury & Norwalk

95®8
9134

923g

33%
*23%

1st yref
2d pref

Chicago <fe Alton
Chicago Hurling ton A Quincy..
Chicago Milwaukee & St. Paul.
Do
pref.
Chicago A Northwestern
Do
pref...
Chicago Kook I si. A Pacific
Chicago St. L. it New Orleans..
Chicago St. Paul Minn. A Om..
Do
prof.
Cincinnati Sandusky it ('lev....

Manhattan
Marietta <t
Do

130

*125

*6*8 * *68*

Burlington Cedar Rapids & No.

Do

Feb. 24.

Feb. 23.

*

Canada Southern
Cedar Falls A Minnesota
Central Iowa
Central of New Jersey
Central Pacific
Charlotte Columbia it Augusta
Do
Do

Feb.

Friday,

Jan.

1

149% Jam
94% Jan.

30% Jan.
130% Jam
36 7e

120

62%
51%
112

Jan.

1934 Feb.
2
J an.
2 % J am
26
Jan.

Jam
Jan.
14% Jam
62 % J an.
1734 Jam
37
Jan.

35
245

1% Jan.
0% Feb.
3% Feb.
—
Jan.
Jan.

20
4
1

Jaa.

>

Feb.

Sui

and railroad bonds

quotations of state
Bid.

securities.

5,1906....
small....

6s,

10-208,

1900

Arkansas¬

1899-1900...
Ft. S. iss.
L.liock RR
L.R.P.B.&N.O. RR
R. R. RR.
Cent. RR.

consoL,

1024
106
108
108
114

it, small

6s,
6s,
6s,
6s,

66

1914

1894-’95

100
107

100

Special tax, class 1,
Consol. 4s, 1910

iut. def ...
Chicago & Alton—1st m..
6a, currency,

7s, 1883

P.—Continued—
7s
1st, St. L. Div., 7s, 1889
2d mort., ext., 7s, 8)3
Equipm’t bonds,7 s, ’83
Consol., couv., 7s, 1907
Gt. West.—1st, 7 s. ’88.
2d mort., 7s. 1893 ...

77

......

Fl’t&P.

1
115

127

1902...

Adjustment, 7s, 1903...

994!
129
116
125
116 4
116
116
120
120
102 4
1154
104
*

id m., 7 3-10, P. D., 1898
1st m.,7s, $ g., R.D.,1902
latm., LaC. Div., 1893..

latm., I. & M., 1897
latm., I. & D., 1899 .
latm.. C. & M., 1903...
Consol. 7s, 1905
Id mort., 7s, 1884 ....
1st, 7s, I.& D. Ext.,1908
8. W. Div., 1st, 6s, 1909.
1st, 5s, La.& Dav., 1910.
latS. Minn.Div.,6s,1910
i
latm H.&D., 7s, 1910
104
Ch.& Pac. Div., 6s, 1910
93*4
1st Chic.& P. W.,5s, 1921
*89
Pt. Div., 5s, 1910.
C.* N.west.-S.f, 7s, 1885
Interest bomls, 7s, 1883
t
Consol, bonds, 7 s, 1915
Extension bonds, 7s, ’85
107
1st mort., 7s,1885
4.

123

Coupon gold, 7s, 1902..
Beg.,gold, 7s, 1902..
Sinking fund, 6s, 1929
oinking fund, reg

......

Oregon RR.& Nav.—1 st,6s *106

l067*

.

.94

......

......

120
125

Consol., reg., 1st. 7s...
Consol., coup., 2d, 7s.. *123
Consol., reg., 2d, 7s ...

......

Louisv..& N.—Cons,7s,’98
2d mort., 7s. gold, 1883. *103
108
Cecilian Br’oTi—7 s, 1907

125
123
......

......

93

.

.

......

......

102

t

111
125

...

-

-

J.—1908....

Chie.St.L.&N.O.—2d,1907

Col. Chic. & I.C.— I lie. 7s, ’90
Cent. Ia.—Coup.deb. certs.

Chie.St.I\&M.—L.g.mc.Os
Til.— l)ie., 11)07

Des M&Ft.

......

R T Vi .tVft

108

52 *4

lnd.Bl.&West.—Inc.,1*919
I ml sDee.&Spr’d—2d me.

»100

Trust Co. certificates...
Int. & Gt. North.—2d luc.

...

95
95

_

L.&S.F.—2d, 6s, cl. A

St.

3-6s, class C,

2d assented (Is 1000.
Lehip-li & W B Cdel 18SS
Lake E. & W.—Ine. 7s, ’99

103

Pac.—1st,6s,1905 103*4
I’d

gr., reg.

G.Div.,6s,1930
Pennsylvania RR—
lst.Itio

4 4s 1st c.
Registered, 1921
Pitts. Ft. W.& Ch.—lstrn

Pa. Co’s guar.

7s 1912

2d mnrt,

100
104

st.jTr’t

489

485

Os.lOJf

64

Ohio

79

79

Ogdensb.&L.C.—ine. 1920
Peoria D. &

Ev.—Incomes

Div.—Im;., 1920
Pitts.—Inc., 1921

Evansv.

140
134

135
132

Roeli. &
S.

*131
.

.

.

•

Caro.R’y.—Ine.,6s, 1931

39

83

1st, 7s, pref. int acoum.
2d, 6s, int. aoo’nmhuive

127
.

St’gi.&R’y—Ser. B.,ine.’94

130

Col. Ch.& I. C.—1st, cons
119
2d con., 7s, 1909

1

So.—2d Inc.,

63

1912
Ciev.&Pittsb.—Cons.,s.f *112
125
4th mort., 6s, 1892

ass’d

”50 ”

Ohio Cent.—Income, 1920
Miu’l Div.—iuc. 7s,192L

......

1014

3d mort, 7s,

1st, Tr’t Co. ctfs.,

Mil. L. S. & W.—Incomes.
Mob.& O.—1st pref.deben.
2d pref. debentures
3d pref. debentures
4th pref. debentures
N.Y. LakeE.&W.—lne.6s.
X. Y.P.& O.—lstinc.ac.5-7
N.O. M.& Tex.—Deb.serin

......

-f

Consol., 6s, 1905
Income &

SautPkv Div.—Inc., 192(1

Laf.Bl.&Mun.—Inc.7s,’9'3

87
86 4

85
85

1906

Tex. &

......

108

Central of X.

10734
Utah So
rii’u 7s 1900 *
103 '
Extens’n, 1st, 7s,’ 1909 *
1014 102
Mo. Pac.—1st consol., 6s
110
1114
3d mortgage, 7s, 1906.
106
1064
Pacific of Mo.—1st, 6s ..
111
2d mort., 7s, 1891
1014
*100

128

N.O.&Mob.—lst,6s,1930
1U3
E. H. &N.—1st, 6s, 1919
954
Gen’l mort., 6s, 1930..
100
Pensacola Div—6s,1920
St, L. Div.—1st, 6s. 1921
57
2d mort., 3s, 1980
Nasliv. & Dec.—1st, 7s. *115
102
S.& N.Ala.—S.f.,6s,1910
Loban’n-Kuo.w—6s, 1931 101*4 105
L. Erio& W.—1st, 68,1919
95
Sandusky Div., 6s, 1919.
Laf. B1.& M.—1st, 6s, 1919 1014 O \
Louisv.N.Alb.&C.—1st,6s

132 4
107

Funded coups., 7s, ’95.
A tch. C.&P.-1st, 6s, 1905
At. Jew. Co.&W.—1st,6s

130

126

......

......

110

INCOME BONDS.
(Interest payable if earned."
Ala. Cent.—Inc. 6s, 1918.
A11. & Pae.—Inc., 1910..

1st eons., 6s, 1919...
*100
Cent. Br. U. Pac.—1st,6s

3-6s, class B, 1906
1st, 6s, Peirce C. & O.
Equipment, 7s, 1895..
So. Pacific of Mo.—1st in

107

......

T119
*107

C C. C.& Ind’s—lst.Ts.s. f. *123
C.

*65

Shore—Div. bonds
Consol., coup., 1st., 7s

.....

1054
94 4
103-V
1144

126

..

80
105
72
107
90

105

Lake

W.W.—1st, 6s

1).—1st, I ue.,6s
Tlie
lUUl
Eliz.C.&No.—2dluc., 1070
*1084
1st m., 6s, 1896
4 107 4 G’ BavW.&St.P.—2(l,In ‘.
Den.Div.,6s,ass'd,’99 106
102
100

......

*103

Kal. & W. Pigeon—1st.
Det.M.A T.—lst,7s,1906

121

ioi Vi,

Mad.-ist.es, 1905

1194

Chic. it*. E.

Registered 8s, 1893...
Collateral trust, 6s

100

1*06

119

122 4

8s, ’93

Sinking funds.

100

......

.

«•••»•

120

*115

......

......

125

t
fl20

97

Mich. S.—
108
N.I. s.fd. 7s
Cleve. & Tol.— Sink.Id.. *107
110
New bonds, 7s, 1886..
114
Cleve. P. & Ash.- 7s
Buff. & Erie—New bds. *123 4
102
Buff. & State Line- 7s.. t
111

1114

1929”

115 4
100

*

Lake Snore &
Mich. So. &

118
126
117 4

-

Ill 4

111
107
112

......

11 i
110
100

Div.—1st mort., 7s

Spring Val.

108
105
105
*113 4 113 4
Pac. RRs.—C.Pac.—G.,6s.
109
107
San Joaquin Branch..
103 m
Oal.& Oregon—1 st m..
103
State Aid bonds,7s,’84
106
Land grant bonds, 6s.
111
West. Pac..— Bonds, 6s *110
103 a4 10U*b
So. Pac. of Cal.—1st, 6s.
115 4 117
|
Union Pacific—1st mort.
1164
Land grants, 7s, ’87-9. 115*4

Kent’ky Con.—M.,6s. 1911

134

.....

1124

Sinking fuud, reg
lowaMidl’nd—1st m., 8s
Peninsula—1st in.t couv.
Chicago & Mil.—1st m
Winona & St. P.—1st in’
2d mort., 7s. 1907

.

Panama—S.F. sub.6s,1897 +
104
Peoria Dee. & Ev.—1st, 6s
*
Evans. Div., 1st, 6s, 1920

107

Indianap.D &Spr.—1st,7s
2d, 5s, 1911
Int.&Gt.No.—1st, 6s gold
Coupon, 6s, 1909

106*4 1064

Leh.&W B.—Con.g’d.as.
Am. D’k & Im.—5s, 1921
<J. M. &St. P.—lst,8s,P.D.

-2

108

Ced. F. & Miun.—1st m.
119
Ilid. Bl.& W.-lst, nref.. 7s
*89
1st mort., 3-4-5-Os, 1909
2d mort., 3 4 5-6s, 1909. *

...

Central of N.J.—1st in.,’90
1st consol., assented, ’99

85
106

Consolidated 6s, 1911...
Texas Cent.—
1st mort., 1. gr.. 7s
1st mort., West. I)iv., 7s
1st mort., Waco & N., 7s
2d, consol., main line, 8s
2d, Waco & N., 8s, 1915
Gen. mort., 6s, 1921
Ill.Cent.—Dub.& S. C., 1st
Dub. & S. C., 2d Div., 7s

ioVv

109
91 4
107
109

......

Houston &

3 264
125 :J4 126 24
106
115
114
114
113
1034 105

M.—1st, g.,5s

1024 104

......

St. Chas.
No. Missouri—1st, 7s.
West.U. Tel.—1900, coup.
1900. reg.r..
N. W. Telegraph—7s, 1901

jOregon&Cal.—1st,6s, 1921

*:: 2

P.—1st. 6s

|
1

_____

Marq.—M.6s,1921

Gal. II ar. & S. An t’o—1 st, 6s
2d mort., 7s, 1905 ...
G. BayW. &St.
Gulf Col. & S. Fe—7s, 1909
Han. & St. Jos.—8s, couv.

1004 102
108

1919
Br.—1st, 6s..

......

....

108

Clarinda Br.—6s,

......

47

*

'99”

109

Om.

......

103

Div.—S.F.,5s,1919
Div.—S.F.,4s,1919

......

.

110
108
102
1004 104

Q. & T.—1st. 7s, 1890.
IU.&S.I.—1st, 7s. 1882
Hau.& Naples—1st, 7s
St. L. K.C.&N.—R.e.,7s

......

103 V

lstin.,'83
1903..
1901..

P.—6s,coup.,1917
•a, 1917, registered

Plain Income 6s, 1896..
Sterling Mtn. R’y Ine.,’95

125

St.L.A.&T.1I.—Div. b'ndsi

......

T/\i

119

iwi .(v

li

i,,,. i!g

loin

25

*22

Div.—6s, 1910..
Tex.&St.L.—L.g.,inc.1920
Dayton

Co.ctfs.jSiippl.

St.L.V.&T.H.—lst.g.,7s

1

Manhat.B’ch Co.—7s,1899
N.Y.& M.B’h—1st,7s,’97
Marietta & Ciu.—1st, 7s..
1st mort., sterling

Metrop’lit’u El.—1st,1908
2d mort., 6s, 1899

100
90

Mich.Cent.—Con.,7s, 1902 t
1st mort., 8s, 1882, s. f.. *104
Equipm’nt bonds, 8s,*83

123

St.L.&N.O.-Ten.lien,7a

m., con., 7s, 1897.... iiiG
99 4 100
^*®t. P.M.& O.—Cons 6s

t

registered. ...J

Tol. & W.—1st, ext.,

......

(360), 7s,

0. R.I.&

0

106

W.St. L.it

. . .

......

(564), 7s, ’94

Sinkingfuud. 5s,

7s. 1906 |

iN.Y.Pa.&O.—Pr.l’n,6s,’95 ;100
60
1N.Y.C.& N.—Gen.,6s,1910
114

......

115

Consol mort., 7s,
5a, sinking fund,

If *

cons.

!JN\ Y. Elev’d—1st,

75 4

......

......

*ib7”

1898..
2d, guar. (188), 7s, ’98
Miss.R.Br’ge—lst.s.f. 6s

If

....

..

......

;103

2d mort., 7s, 1900 .....
St. L. Jack.& Ch.—1st m

Con v., assented,

MISCELLANEOUS SECURITIES.
ill 6*

BONDS AND

......

121

Sinking fund, 6s, 1903..
Joliet & Chicago—1st m.
La. & Mo.—1st m., guar.

“*r|f

1060*

small

Do
Do

......

Prk.Br. 52
99 58
Boat. H. & E.—1st mort..
Bur. Ced. R.& No.—1st, 5s *120
Minn.A St. L.—lst,7s,gu
Iowa C.& West.—1st, 7s
O.Rap.Ia.F.& N.—1st,6s iii”
Central Iowa—1st, 7s, ’99
Char. Col. & Aug.—1st, 7s trio”
Oheasp. & O.^-Pur. m’y fd. *101
6e, gold, series A, 1908.
784
6a, gold, ser. B, iut. def.
46a4

Balt.&O.—1st, 6s,

-

144

Registered
Funding 5s, 1899

Rhode Island68, coupon, 1893-99

.

4.1920 t.VV!
1910

Atoll. T. & S. Fe—4
Atl'c & Pac.—1st,6s,

Keo.& Des

new,

106

6s, 1886

loan, 1891
loan, 1892
loan, 1893

new,

6s,
Os,
6s,
6s,
6s,

Small bonds.

75
1930
IN.Y.& NflwRng.—1st,7s.
107 4
Eliz.C.&N.—S.F.,deb
*
j 1st m., 6s, 1905
103
1st mortgago, 6s, 1920.. *120
1284 Nevada Cent.—1st m., 6s.
96 4 96 4
Erie—1st mort.. extended.
N. Pac.—G.l.gr.,lstcon.6s
*98”
2d mort., ext’d 5s, 1919. *1074
I Registered 6s, 1921
*1064
86
80
3d mort., 7s, 1883
N. O. Pac.—1st, 6s,g.. 1920
108
102 7b
53
4th mort., ext’d, 5s, 1920
jNorf.&W.—G.l.m.,6s,1931
118
5tli mort., ext., 7s, 1888.
9934
131
OI110& Miss.—Consol, s. f.
130
118
1st,consol., gold, 7s,1920
Consolidated 7s, 1898...
*115
1214
Long Dock bonds,7s, ’93
2d consolidated, 7s, 1911
121
119
B u ff. N. V. & E.—1 st, 1916 *123
1st in., Springfield Div..
*97
i’ii 4
N.Y.L.E.&W.-New2d.6
944 95
'Ohio Cent.—1st, 6s, 1920.
96
1st, consol., fd. cp.,7s.
96 4 j
1st in., Ter’l Tr., 6s, 1920
2d, consol., fd. cp., 5s. *
[
1st Min’l Div.—6s, 1921
87 4
85
Buf. & S.W.— M.‘ 8,1908
96
lOliio So.—1st M., 6s. 1921.
1
79
Ev. & T. H.—1st cons., 6s
115

Exchange Prices.)
Aim. Central—1st, 6s, 1918

Iowa
Iowa

’98-9

Small
Ohio—

5s
Divisional 5s,
1st

(Stock

•. B.&Q.—8p.c.,

1866
1867
.
consol, bonds
.,
ex-matured coupon, .j
consol., 2d series
<leferred
District of Columbia—
3-65s, 1924
6s,

58

Railroad Ronds.

2dm.

class 2
class 3

Do
Do

51

Virginia—6s, old

1868-1898.
’92-8

bonds, J.& J.,
Do
A.&O
Chatham RR

100

10

6s, new, 1892-8-1900....
6s, new series, 1914

1866-1900.

Do
New

112*4
112 *2
1 115

115

1st, guar.

6s, Act Mar. 23, 1809 >
non-fundable, 1888.. S
Brown con sol’n 6 s, 1893
Tennessee—6s, old. 1892-81

off, J.&J.
off, A.&O.

coup,
coup,

Funding act,

loan, 1883

RAILROAD

Income

Do
Do

109*2

South Carolina—

J.&J.

103W---.
11141112

Hannibal & St. Jo.,’86.
do
’87.
Do
New York—
j
6s, gold, reg., 1887 —
6s, gold, coup., 1887 ..

)

>0onnecticutr-6s, 1888-4..

78,

Funding,

23

■tfeorgia^6s, 1886
7s, new, 1886
Ts, endorsed, 1886
7«, gold, 1890
Louisiana—

31

26

's, funded.
7#, L. Rock &
Ts. Memp. &
Tfl,
7s, Miss. O. &
7s, Arkansas

j
'
6s, due 1886
'
'
6s, due 1887
6s, due 1888
.1
6s, due 1889 or 1890
1
A syI’m or Univ., due ’92

Ask.

Bid,

SECURITIES.

Ask.

Bid.

Carolina—6s, old, J.&J.

6s, old, A.& O..
No. Carolina RR.,
A.&O
Do

1

Missouri—
6s, due 1882 or 1883

854

and miscellaneous securities.

SECURITIES.

Ask.

Bid.

N.

Michigan68, 1883
7s, 1890

82

814
81
99
834

Alabama—
(suss A, 3 to
GiA68 A, 2 to 5,
Class B, 5s, 1906...
Class C, 4 s, 1906 ...

BONDS.

STATE

SECURITIES.

Ask.

225

CHRONICLE.

1HE

100*8
92
127
105

2d m.. guar., 7s, 1808
Pits.B’d.&B.—lst.68,1911
Rome W.&Og.—Con., 1st

Trust Co. certificates...
Roch.& Pitt.—1st,6s,1921
Riel) & AlPff1st, 7s 1 qon

Miscellaneous List.
ibo
103

Ricli.&Danv.—Cons.g., 6s.
A 11

nh

Inc., 1900
Scioto

1st

n

7s 1.807

..

Val.—1st, cous., 7s.

(.Broker's Quotations.)

91
89

*

1014

~

104 \

98
103 4
115
114*4
105 4 107

Va. State—N”ew 10-40s...
Atl. &
Atl.it Charlotte—1st, 7s..

Gulf—Consol.7s,’97

Income,

Stock

6s

!

1923

Car. Central—1st, 6s,
Cent. Ga.—Consol, m.,

7s^

40
111

39 b
109

10834 109
90

78
100
115

95

113
125

Stock
Chic.St. L.&N.0—58,1951
1100
(.'in. End.St. L.& C.—1st,6s,
No
108
Galv.H.A
Hen.—7s,
g.,’71
106
4
il2
Jack.
Lan.&
S—6s,
1891
4
*122
l&t. 6s,1919 ill”
106
Georgia Railroad—7s
Mil.&No.—1st,4-5-6s,1910 90 100
*103
f 106
100
6s. 7
84
L.S.&W.—1st
Mil.
6s,1921
10434
84
Gen.c.r’y& l.g.,5s,1931.. 119
Kansas & Neb.—1st mort..
95 4 Minn.&St.L.—1st 78,1927 1144
20
St. L.Alton & T. H.—1st in.
2d mort
Iowa Ex.—1st, 7a, 1909. 11134
112
2d inovt., pref., 7s, 1894.
101
Long Island—1st mort.. . 111
2d mort, 7s, 1891
128
2d mort.j income, 7s, ’94 t
108
2d mort
S’thw. Ex.—1st, 7s,1910
110
Bellevilie&S. Ill.—1st m. 1123
98
Memph.&Char.—1st,cons. 113
110
108
Pac. Ex.—1st, 68, 1921.
133 4 138”
St.P.Minn.&
Man.—1st,7s
77
76
1st,
consol.,
Tenn.
lien..
*105
Mo. K. & T.—Gen.,con., 6s
101
II324
2d mort., 6s, 1909
2d mort,, 1891
102
Miss. Central—1st m.f 7s.
107
Cons., assented, 1904-6.
107
*113
Dakota Ext.-*-6s, 1910 .. *105 4
Bonds, 7s, 1900
6834
58
2d
mort.,
8s
2d mort., income, 1911..
108
*1224 123
St. P. & Dul.—1st,5s,1931 *100
7a of 1871-1901..
N. O. & Jackson—1st, 8s.
100
H.
Mo.—1st,’90.
&
Cent.
125
116
lstrn
*
So. Car’a R’y—1st,6s,1920
*111
Certificate, 2d mort., 8s.
90
t85
&
m.,
6s.
Mobile
O.—New
105
2d, 6s, 1921
N.Y.&G’nw’d L. 1st,78,n
*100
107
•<
Trust,
6s,
1892.
8
Collat.
1154
78,1891
2d mort
90
t
120
Morgan’s La.&Te.x,lst,6s
111
Tol Del &. Rur. Main Hs
Nortbeast.fS.C.—1st
m.,8s
85
N ash. Chat. & S t. L—1 st, 7 s
112
lflt mnrt'1
*116
1st, Dayt. Div., 6s, 1910 *
87
118
2d, 6s, 1901
^
AoUp ioi 1 11 UOt| Uup -1 JJLl/
103 4
*03
St.
Joseph
&
Pac.—1st
m.
824 83*4
N. Y. Central—6s, 1883 ..
25
131
W. St. L. & P.—Gen. in., 6s
t
108
2d
mort
86
83
10
130
6s, 1887
Chic. Div.—58 1910
*
1 093.,
St. Jos. & West’u—Stock.
6s, real estate, 1883
115
118
Alb. & Susa.-1st mV, 7s 113
Hav. Div.—6s 1910
South w. Ga.—Couv. 7s,’86
109
120
6s, subscription, 1883.. 133
2d. mort., 7s, 1885
108
Tol.P.&W.—1st, 78,1917
Stock
94
92
N. Y. C. & H.—l8tm.,cp.
70
Iowa Div.—6s, 1921
^ua,r-78.1906 125
Tex. & St. L.—1st, 63,1910
*1334
1st
mort.,
reg.,
1903
..
100
Rena. * bar.-is*, coup, *>35
Ind’polis Div.—6s, 1921.
Western, N. C.—1st. 7s...
93
fillO
Huds.
R.—7s,
2d,
s.
f.,’85
72
lat moit., reg. 1907
136
Detroit Div.—6s, 1921..
*135
a
934
82 -2 Wis.Ceut.—1st series, new
Canada bo.—1st, int. gu.
45
Cairo Div.—5s, 1931. ... t
135
new
2d
weriea.
133
100
Harlem—1st m., 7s, cp..
”99” 994
Wabash—Mort. 7s of ’09
consoi., ig loin

St/G‘s>1918
!980.

6s, 1909

100

1931
Registered, 5s, 1931....

Coupon, 5s,

111

StVVlrT1?1’

2d mort., 7s, 1897
Arkansas Br.—1st mort. *107
Cairo & Fulton—1st m..
Cairo Ark. & T.—1st m

.....

......

.....

......

....

^ok&78Wi9jf'CO'nVV,'9'2

.

......

......

.....

lit

consp!., guar.,7s

8,1884

_

_

t

127
102
103
80
125

108
88
26
118
114
115
105
110
111
120
45
12

....

7®» 1891.

.

_

.

r^'78'^^"70'1917
..

......

......

....

A

*

^^So.P.&p,A._^r^: |
•Prices nominal.




....

92
15
123

80
107
79
50

_

i.U*

4
f And

accrued interest.

X No price

Friday—those are latest

quotation made this week.
.

THE CHRONICLE

226

rV0L. xxxrv

Insurance Stock List.
No. 7 Pine

Par.

Marked thus (*} are
not National.

Commerce
Continental...
Corn Exchange*
Bast River
Eleventh Ward*
Fifth
Fifth Avenue*
First
Fourth
Fulton
Gallatin...
German American*.
German Exchange*.
Germania*
Greenwich*
Hanover

10U
100
100
25
25
100
100
25
100
25
100
100
100
loo
25
25
1-00
100
100
100
80
50
75
100
100
25
100

Imp. and Traders’...

100

Central
Chase
Chatham

Chemical
Citizens’

City

Irviog
Island City*
Leather Manul’trs’.
Manhattan*

50
r.o
100

Marine
Market
Mechanics’
Mechanics’ Assoc’n.
Mechanics’ & Tr’drs’
Mercantile
Merchants’
Merchants’ Exch’ge

100
100
25
50
25
100
50
50
100
100

151

*125

125%;

.

•

•

•

Bowery
Broadway
Brooklyn

....

•

.

.

.

Citizens’

....

170
125

....

City

....

Clinton

151
123

150
....

•

•

•

■

Nassau*
New York
New York County...
N. Y. Nat'l Exch’ge.
Ninth
North America*
North River*
Oriental*
Pacific*
Park..

People’s*

|

Phenix
Produce*

|
;

Republic

...I

St. Nicholas
....<
Seventh Ward
Second
Shoe and Leather.
Sixth
State of New York..
Third
:...
Tradesmen’s
Union

*

Eagle
Empire City

Farragut

•

•

Pir«mnn’»
....

•

Firemen’s Trust
Franklin & Einp....
Gcrmun-American..

•

•

,,,,

....

....

125

•

•

•

Germania

•

(4 lobe

#

lc3

•

•

Greenwich

•

Guardian
Hamilton
Hanover
Hoffman
Home

.

.

.

....

....

•

«...

•

•

.’33
230
130

100
100
100
100
100
loo
70
30
25
50
100
25
20
50
100
100

.

...

United States
West Side*

ion
100
100
100
100
100
40
50
100
100

Gas and City

[Gas Quotations

#

.

.

,

Howard

importers’ & Tr’d’rs
*

Irving

.

.

1G0

Kings County (Bkn.)
Knickerbocker

i45

...

....

Lafayette (Br’klyn).

....

143
iCl

(149
.

•

•

Lamar
Lenox
Lorur Islana
Lorillard

•

i2<>

...

133
93
■

1G7
•

•

.

Manhattan
Mecb. & Traders’...

Mechanics’ (B’klyn).

....

.

....

.

....

143
.

.

•

.

.

.

....

.

123
100

Mercantile

Merchants’
Montauk (Brooklyn)
Nassau (Brooklyn)..

.

| National

.

•

•

I New York Equitable
! New York Fire

•

..

104

iob
...

Niagara

*

p

.

•

.

•

•

.

Phenix
Relief

....

....

•

•

.

.

.

..

Republic

.

Rutgers’

....

Standard
Star

....

....

•

•

.

.

People’s

....

•

.

North River
Pacific
Park
Peter Cooper

103,k 110

...

Sterling
....

.

.

,

.

.

.

•

.

•

.

....

St uyvesant
Tradesmen’s
United States
Westchester

...

.

.

.

.

.

•

•

.

•

•

Williamsburg City..

....

oy ueorge

25
20

bonds

Jersey City & Hoboken

.

'

•.

Matual, N. i
bonds

Nassau, Brooklyn

ll-o
185
155
120
2:0
65
120
UO
75

!45
106
90
61
145
20)

53
1< S

05
70
105
GO
120
95
140
145
70
117
113
155
37% 110
35
130
100
100
67
100
00
100
160
50
105
25
25
100
120
20
185
110
50
50
147
50
75
75
100
140
25
50
115
100
75
100
120
25
25
75
125
25
115
10
50
25)

SEOUEITIE8,
;Lam. A At

BOSTON,
Uch. A Topeka let m.7s

..

Bid. Ask.

eons., 6 p. c

103k

Cam. A Burlington Co. 6s,’yj.
Catawlesa 1st,7s, conv.,’82...
land grantle 111
115
do
chat, in., 106, ’83
On
land Inc. 3s..
do
new 7s 1900
Atlantic & Paclfi. •, 6s
—
116k
Connecting 6s, 1900-1904
23
o
income
21
Chartlers Val., 1st m.7s.C., 1901
3cstou A Maine 7a
Delaware mort.. 6s, various..
boston & Albauy 78....... —•
Del. A Bound Br., 1st, 7s. 1905
1251
do
6s. j
East Penn. 1st inort. 7s, ’38
Jceton A Lowell 7s
El.A
115
1st
W’msport,
m.,7s,’80.
6s
d >
do
58,perp
100
boston & Providence 7e
Easton A Amboy, 5s
luri. A Mo., land grant 7b... .
Harrisburg 1st mort 6s, ’83... 102k 103k
Nebr. 6s
Ex
do
H. A B. T. 1st m. 7e, gold. ’90.
103
r»r>
Nebr. 6s
( o
>
cons. m. 5s, 1895....
80
88
82
80
Nebr.4s...,. —
do
IthacaA Athens 1st g <1, 7s.,’90
Chicago Burl. & Quincy 4?... 83-14
J unction 1 st mort. 6s, ’82
ui n. A PasHumpstc, 7a, 189?.
do
2d mort. 68,1900
80
Ccnnctt.'ii Val.ey. 7a .. . ..
Lehigh Valley, lst,6s,cp.. 189S 122k
108
iabtorn, Mass.,4ks, new. ...
do
do reg., 1898...
123k
Fitchburg HR., 6s
do 2d m. 78, reg., 1910.. 131
do
7s
do
con. m., 6s,rg.,1923
110
122
Scott
is
Fort
& Gulf
do
do
51k OiJ
6s, cp., 19^3
123
Hartford A Erie Ts
104k ; Little Schuylkill, let m. 7s,’82
K. City Lawrence & So. 4s...
85
N.O.
lib
Pac., 1st m.. 6s, 1920
'89
Kan. City. St. Jo.&C. Lt. ts. .
n5k
North. Penn. 1st m. 6s, cp.,’S5. 105
Little U’k A Ft. Smith,78,1st iit'Mil'l
do
2d m. 7s, cp., ’96.
76
Mexican Central, 7s
do
gen. m.7s, cp., 1903.
)106%
New i’ork A New Eng. 6i—
do
7e ...
UGk
*
do gen. m. 7s, reg., 1908 ,05
<1o new loan ts.reg..
New Mexico A So. Pac. 7s...
iNorf’kA West.,gen. m.,6s.lr31 102^*102%
Og dens burg A Lake Ch.6..
m 7s, coup.,’82.
’
!On Creek 1st m.
10j& 102
Co
Inc.
do

tf

125
92
112
120
;95
100
125
800
70
130
155
85
1; 0
110
98
70
150
2!5
60
114
75
80
no
65
135
UO
(45
155
80
125
118

scrip

Bonds

315,000 A.AO.

1,850.000 F. A A.
750,000 I. & J.
4,000,000 I. & J.

3

2,500,000 M.A 8.
1,000.000 F.A A
5,000.000 Quar.

8
3

1,000

1,000,000 F.A A.
1,000,000 Var

1,000

Bonds
Central of New York

5

50
20
50
100
500
100

Var.
50
50

7

bonds

Metropolitan, Brooklyn
Municipal
do
bonis
Fulfon Municipal

1..

Brooklyn City—Stock

100

1,000
100

1,000
10

1st mortgage

1,000

Broadway (Brooklyn)—Stock
Brooklyn Crosstown.—St'k

..

..

100
100

900,000
694,000
2,100,000
1,500,000
2,000,000
300,000
200,000
400.000

Bushwick Av. (B’klyn)—Stock.

Central Pk. N. & E. niv.—Stock
Consolidated mort. bonds

100
100

1,000

Christopher & Tenth St.—Stock

100

!j.

a j.
•J. & J.

Q—J

J. A D.

Q-F.
M.AN.
Q-r

Q.-J.

300.000 J. <v J
500,000 J. A J.

1,000

1st mortgage bonds

1,800,000 Q-J.
1,200,000 J.A D.
05O,O!>O F.A A

100
Dry Dock E.B.& Batt’ry—Stock
>00 Ac
1st mortgage, consolidated

250,000 J.A J.
1,200,000 Q-F.
900,000 J. AD.

Eighth Avenue—Stock

1,000,000

Bonds

1,000
..

100

1st mortgage

1st

mortgage
Houst. West St.& Pav.F’y—St’k
1st mortgage
Second Avenue—Stock
3d mortgage
ConsoJ. convertible
Extension

200,00 ) M.AN.
250,000

1,000

500,000 J. A J
1,199,500 J. A J

1,000

.

150,000 \ A <).
1,000 1,050,000 M .AN.
t.OO Ac
200,000 M.A S.
100 i 750,000 M.AN.

Sixth Avenue—Stock
1st mortgage

1,000

Third Avenue—Stock

1st mortgage.
Twenty-third st reet—Stock.
_lst mortgage

100

1.000
100
100
500
100

Q-J.

203,000 J. A J.
748,000 M.AN.
236,000 A.AO.
600,000

1,000

42d St. & Grand St. Ferry—St’k
1st mortgage
Central Cross Town—Stock

100

.

500,000
2,000,000

J

100 I

1.000 i

shows last dividend oa

.

Q— F.
A J.
600,000 |F. A A.
250,000 I M.A N.

1.000 12,000,000 J
..

A J

.

.

95
104
55
94
119
25
105

1897
0
1900 Ac 20
3
July, ’80 60
»k Feb.. ’82 60
6
1900
101
2k Jan,, ’82 60
5
Dec., *81 195
188S
lo>
8
75
•
<

!

Ask.
114
61
110
94
170
230
105
U9
97
105
60
96
121

29
107
95
70
65
164
63

198
110

80

180
J70

Jari., N2

Dee.1903
2% Feb., ’82
7
U08
4
P’eb., •82
7
June, '93
3
V2
7
.Jan.. ’8:
G
NOV., ’81
7
Apr., ’93

4
7
7
7
5
7
5
7
4
7

NOV.1904
’94
Jan., 82
Apr , ’8*.
Nov., V8
Sept,. ’84

Oct.,

102
120
138
118
05
1<«)
230
C5
2(0
100
200
no
07
105
GO
105
145

1<3
M8
145
’81 260

•i uiy, "40 1 10
Fe 1. ’82 200
1 uly, ’0n 1 9

’-2 15)
Mhv. Vi 110

I Feb
)

uo

3TOCKS.

S39*

Cin.

!07

ROM

..

i 106
58

146

it) 5

(New Hampshire)...

Fitchburg
Flint A Pere Marq
do
Fort Scott A Gulf,
-do

pref

22
93

;

pref

Iowa Falls A Sioux Ci-y
Lltue Rock A Fore Smith

80
57

...

j

Champlain

30

...

120

...

SkJ.»e

4s. reg.,

,

reg.,'!882-’92.
1894-1904

105

125
145
1V0

102
no

ilW
iio
115
72
110
1

li)

151

iio

.,1912
132

6s,n.,rg.,priorto’9n

4s, various
railroad STOCKS.f

Camden &
ao

J

pref.

do

Atlantic—
do
pref

Calawlssa
do
pref........
do
new pref
Delaware A Bound Brook....
Kaet Pennsylvania
Elmira A Williamsport......
do
do
pref..,
Har. P. Mt. Joy A Lancaster.

Huntingdon A Broad Top...
do pref.
do
Lehigh Valley..

5

14%

35
40

10
54

Pennsylvania

Philadelphia A Erie
Pniladelphia A Heading
Philadelphia A Trenton
PhUa.Wilmlng. A Baltlrnora
Pitt-b. Cin. & 6t. l.mPe, com.
at.

Paul A

|13u
| GO

73

j....

'26k.
8 IS*1
57%
62 ! 62k j
110

stocks, but thedateof maturity bonds.

04

...

60%'
j 17 j

0t’%:
15

28%

....

DuluthR.U. Coin

do
do
p;ef.
154
TTulted N. J. Companies
consol, pref.... 37
West Jersey

ibfik

25

Jersey A Atlantic
CANAL STOCKS.

Lehigh Navigation

Pennsylvania
Schuylkill Navigation
do

pref...

1G0
5
12

0%
13

RAILROAD BONDS.

Allegheny Va)..7 3-I0s, 1996... 120
do
7s, E. ext., 19H’ no
do
luc. 7a, end., ’91
54
Belvldere Dela. 1st rn.,6s,liH)2. 120

121

55%
123

2d in. 68. ’3.).. :oa

do
3d m. 6s, V., 103
103
Camden sAmtc. t-j.^oup.kb 100
do
ts, <*v
108
do
-mort. 6s,’69
U3%li4
Cam. A Atl. 1st in. 7e. g., 1*93 l !8
2d m. enr. 7e. ^79..’105
d«
In default.

Inc.A1. gr.,7s 1915
Union A Tliusv. 1st m. 7s, ’90.
United N.J. cons.m. 6s,’94..
W arren A F. l st m. 7s, ’96
West Chester cons. 7s,’91. ...
West Jersey 6e, deb,,coup.,’8S
1st m. 6s, cp., ’96.
do
do
1st in. 7s,’99
cons. 6s, 1909 ....
do
W. Jersey A Atl. 1st in. 6s, cp.
Western Penn. RR. 6s,cp.’9J.
do
6s P.B.,’96.

t l’er share.

122
120

107

07

m.,6e,g.,1905

cons.

100

101

iio
120
116
118

112%
112

108

CANAL BONDS.

89

Morrlfi, boat loan, reg.,

1S85..

'01'k

Pennsylvania 6s,coup., 1910..
Schuylk. Nav.lst rn.6s.rg.,’97.
2d m. 6s.reg.,

01

1907

BALTIMORE.
do

108
93

103%

Maryland 6s, defense, J.A J...

6s, exempt, 1S87
do
6s, 1890, quarterlydo
5s, quarterly
Baltimore 6s, 1S34, quarterly.
do
6s, .686, J.& J
do
6e, 1890, quarterly...
do
6b, park, 1890, Q.—M.
do
6s, 1893, M.A S.
•

101%
107%

110% 117
114%
122
128
129

6s,exempt,’93,M. AS,
0s; 1900, Q — J-

do
do

J. A J.
5s,19i6,new.
Norfolk water, 8s
Gs. 190
)2,

do
do

121k 122k

,

KAILKOAD STOCKS.

Balt.A Ohio...
co

do
do
do

U7

Par.

105
123
L20

100

*

lstprtf
2d pref
Wash.

Branch.100

8J4

Parkersb’g Br. .50

Northern Central.'.

.

115
155
115

....

53%» 54k
125
55

West Chester

We;t

I4:o Grande DiV..

do
do

do

57M1

Norristown
Norfo.k A We-tcrn. pref
com....
do
d>
North Pennsylvania

75

Cbes. A Del.. 1st m., 6e, 1886 .
105%
Lehigh Navlga. m.^s, reg.,’84
do
mort. I4R., rg .’97
tlttk
nm
15%
do cons. m.7s, rg., 191!

Nesquehontng Valley

Jo

270
lb

100

’.9 3.

Allegheny Valley^..
Buffalo Pitts. & Western...

05
100

conv.

ao

PhlUdelpnia.SB reg..........
do
do

325k

7s, R. C., M93*b**
7a, coup, off, ’931 ••
Phll.AR.CoalAir’u deb.is.92*>••••
do
deb. 7s. cps.olt
do mort., 7s, 1892-3
•••«
Phlla. Wllin. A Balt. 6s. ’84.... 11 v•
Pltt8.Cin.ASt. L. 7s, cou., 1S0C- 120
do
do
7e, reg., 19tHi
R’ch.A Danv.con3.int.6s,1915
Shamokm V.A Pottsv.7s, 1901 lid
05
Suub. Haz. A W.,let m.,5s,’28.
do
2d m. 6s. :93S.. c0

'

pref

68,10-15, reg.,l->77-’82.

t
.v,
o

1910,{I

Sunbury A Erie let m.7b, ’97..
‘-yra.Gen.A Corn’/,Ut.Ts,1905
„
Texas A Pac. 1st m.,6b, g..1905 1Ub

135

Penna.5e, g’d, lnt.,reg. or cp.
do
5s, reg., IS82-1812
116
do
5b, new. reg. ,1892-1902
6s, 15-25,
48, rcg.,

W5
•

do
do
lfio!; • ■ •
do
2d m., 7s, cp.-OS.i-^07
do
cons. m..78,cp., 1911 '<•••
do cons.m.6->,g.iL4C19ll i ll2
do lmp.m.,6s,g„ G. 18S7
do gen. m. 6>, g-.C.^OS
do In. m.,7s,coup.,’:896. 05
do d-.b. coup., 1S93*
GO
co
do
cnip. off, 1593.
81
do scrip, 1882.

'83

CITY BONDS.

do
do
do
do

19'O

^

135
23

51

Beach A Lynn

.

..

Portland Saco A Portemouth 113k
Pullman Palace Car
..
23
Rutland, preferred.
x
Revere

r.o in

do

pref..

do

do

do

Northern of N. Hampshire...
Norwich A Worcester
-

1905. U7k

Phil.A 14.1st m.6s,ex.uue

35

x|

Ogdensb. A L.

rg.,

do
cons. mort.63.(920
-po
5s,’9‘20i • • •
do
-Phlla. Newt’n A N.Y., 1st in.:--

Lawrence....

Manchester A

Mar. Hough. A Out...
Mar. Hough. A 0..t.. pref..
NansuaA Lowell
New York A New England-

124

103k

120

Common.

....

05
115

ioe

14k
33k

Valley..

(Maea.)

6s,

cons.in.

o

IGGk
24

Concord
Connecticut River. '.
Conn. A PasAutnp8lc

....

190(3

do
cons. m. fis. cp., 1905. UGk 120
do
do
53
106k
j •••
Peen. Co.,6s. reg
...;105
*88
do
do
4ks.... ...[ —

84

Sandusky A Clev

STATE AND

Jan., ’.>2 -170
1883
150

2% Jan., ’81

6a..

do

124

i Penn8ylv.,pen. m. 6s, cp.. 1910 123k
do
gen. in. 6b, rg., 1910. 123k

PHILADELPHIA.

no

\b8S

look

Atchison & Topeka
Bobton A Albany
Boston & Lowell
Boston A Maine
Boston A Providence
Cheshire preferred
Chic. A W. Michigan

Scrip

) Pa.A N.Y.C. A RR. 78,1893

115

Valle)', 78

94

,

do

j

Vermont A Massachusetts..
Worcester A Nashua

lo>2

July.

.

Old Colony.........
90
130
120
260

„PlttBb. Tit.usv. i& B.,7s,cp.,’96

....

Rutland 6s,1st mort
Vermont* Maes. RR..68
Vermont & Canada, new

Eastern
Eastern

7
3
2
7

7

Old Colony,7s
Old Colony, 0a
Pueblo A Ark.

Connctton

27
115
155
100
215

7

!!«•

-

100

24
7
J’ly.lWo 113
•2
150
Jan.,
2%
7
June ’84 104
3% Feb., ’82 203

2
7

,

Little Schuylkill
Minehlll

’82

%

..

120
140
no
75
70
195
no
215
126
195
110
150
85
1-5
155
125
90
63

Broadway.]

ker, 145

Bleecker St. & Fait. Ferry—St’k
1st mortgage
Broadway & Seventh Av- St’k
1st mortgage

1882

f'

Var.

750,000 M.AN.

*100

1105

Sept., ’81
3% Nov., ’8!
4
Nov., ’81
3k Jan., ’76

400,000 F.A A.
1,000,000 Quar.
1,000 1,000,000 A.<35 O.
100 1,000,000 M. AN.
100 3,000,000

Williamsburg

...

1% Jan., ‘82

M.AN.
M.AN.
J. A J.
MAN.

700,000
4,000,000
1,000,000
37.* ,000
125,000

*82 225
’c2 162

5

...

co

Bid.

Var.
Var.

2,000,000
1,200,000

..

Wiscon-ln Central

Amount. Period

1,C00

25
Va-.
100
10

People’s (Brooklyn)




95

230
22)
85
100
117
87
105

155
no
220
200
20
160
125
150
GO
1' 3
240
2-10
93

H. Prentiss, Broker, 17 Wsll Street. 1

Par.

Harlem

co.u an

Ask.

Railroad Stocks and Bonds.

Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)

ThU

..

New York A Boston.
New York City

....

.

(B’kiyn)

Manufac’rs’ A Build.

....

Gas Com pa nibs.

Mmhatian
Metropolitan
do ‘
bonds

50
100
40
100
30
50
17
10
100
100
50
50
25
100
15
50
50
100
5.0
50
100
30
20
40
50
100
25
50
25
100
100
25
50
50
50
50
50

Commercial
Continental

....

Murray Hill*

30

Columbia
»

♦ •

145
lOi
200
175
19.)
150
!20
140

50
100
25
25
17
20
70
100

American
American Exchange

.

225

Mount Morris*

do

Ask.

..

Bid.

Ask.

....

'50

Metropolis*
Metropolitan

do
New York

Par.

Companies.

Bid.]

!

.

America*
Am. Exchange
Bowery
Broadway
Butchers’ & Drov’rs’

do

Price.

PRICE.

Companies.

do

Street.]

Bid

SROUBITIES.

[Quotations by E. S. Bailey, Broker,

Hank Stock List.

Philadelphia and Baltimore.

(J notations m Boston,

New York Local Securities.

—

50
50
50

200
127
10
51
17

14k
Western Maryland
47
Centra! Ohio, common
Pittsbu g A Counellsville...
RAILROAD BONDS.
109
Balt. & Ohio 6s, 1885,A.AO. ..
N. W. Va. 3d m.,guar.,’85,JAJ
m
Pitteb.A ConnellBV.7s,’98,J&J 121k
Northern Central 6s, ’85, J&J L03k 100%
119
do
6s. 1900, A.AO.
115
do 6s, gld, 1900, J .A J.
109k 111
(Jen. Ohio 6s, l8tm.,’90,M.AS.
VV. Md. 68,1st m.,gr.,’90,J.AJ.
do
do
do

1st m., 1890, J. A J...
2d m.,guar., J. A J.... 120
103k 1 ok
2d m.,pref
113
2d m.,gr.by W.Co.JAJ 110
6s. 3d in., guar., J.A J.

do
do
125
Mar. & Cin. 7b, ’92, F. A A,...
104k
do
2d, M. A N
50%
do
8s,3d,J. AJ
Union HR. 1st, guar., J. A J..
do
<3 in on endorsed.

Consolidated Gas
Do

bonds

,

105%

25,

February

1882.1

railroad earnings and the
date are given below. The
statement includes the gross earnings of all railroads from
which returns can be obtained. The columns under the head¬
ing “January 1 to latest date” furnish the gross earnings from
January 1 to, and including, the period mentioned in the
second column:

,—Latest earnings reported.
1881.
1882.
Week or Ho
$00,575 $53,508
25,215
Ala.Gt. Southern. January.. 60,51.6
10,052
Bur.C.Ran,*No..2d wk
>
S,305
8,743
Cairo & St. Louis.lst wk
14,317
Cent.Br.Un.
1.S7G.000 1.002,907
102,540
Central Pacific.. .January..
210,455
January... 147,490 110,531
Chee. & Ohio
29.271
Chicago & Alton .‘2d wk
32,798
Chic. * Fast. Ill..2d wk Feb.L
23,965
37,353
Chic.&G.Trk.Wk.end.Feb. 11 349,000 200,035
Chic. Mil. * St. P.3d wk
205,701
373,719
Chic. & Northw..2d wk Feb. 272,000
340,220

Jan. 1 to

New York
Manhattan Co..
Merchants
Mechanics’
Union
America
Phoenix

City

Tradesmen’s.,..

1831.

1832.

Feb.
deb
Pac.2dwkFeb
.

162.540

732.078

217.635
185,939

183,998

2,499,000

1,530,949

.

.

Chi.St.P.M5n&0..3d wk Feb.
Cm. Ham. & Day. January. -.
Cin. Ind.St. L.& C.2d wk Feb.
Cincinnati South. 15dys Feb.
Clev.Akron&Col.lsbwk Feb
Col.Hock.V.& T..2d wk Feb.
Denver & Rio Gr 3d wk Feb.
DesM.&Ft.Dodge.lst wk Febi
Det, Lans. & No. .4tli wk Jan
Dubuoue&S.City .2d wk Feb.

301,296

42,878

69,109
6,261

33.730

299,227

278,872

101.210

39,045
72,108

792.544

530,937

6,909
39.447

4,536

39.792

29.503

24,600

108,207

77,832
98,337

8,409

42,545

221,000

January...

107.042

EastTenn. V. *G.3 wks Jan. i
Flint* Pere Mar.4th wk Jan
Gr’t Western. Wk. end Feb. 10

52,275

wk Feb.

18.2S0

511,453

53.052
20,821
29,853
243,832

53.300
06.169
24,402
18.222
28.717
174,300

1,434,029

72.511
28,134

54,136
27,937

72,511

142,201
156.514
1.190,300
54,130

158,590

107,172

4.243
15.010

8,294

15.934
114.533

59,859

13,384

107,997

67,465

^Indiana Bl. * W.2d
Jut.* Gt.North..2d

wk Feb.
wk Feb.

87.307
27,516

Iowa Central
January...
K. C. Ft. S.&Gulf.od

wk Jan.
Lake Erie & West.2d wk Feb.
Long Island
2d wk Feb.
Louisv. * Nashv.2d wk Feb.
Louisv.N.A.* Cli.January...
Memo. *

Chari. ..2d

119,828
36,579

wk Feb.

Jan
Feb.
Minn.* St. Louis.2d wk Feb.
Mo. Kans. & Tex.2d wk Feb.
Missouri Paciiic .2d wk Feb.

Memp. Pad. & No.4th wk
Mrl.L. Sh.* West.3d wk

150,994
207,911
153,847

9,229

107,203
46,391

134.581
13,840

392.500

134,581

38,067
100,211
1,503.075
147,397
90.310

42,402
58,317

Including

U. S.

Market.
3t. Nicholas
Shoe & Leather..
Corn Exchange..

500,000
500,(XX)
1,000,000

5,232

51.435

293.290
3 70.001
31.198

100,113

117,2L4

10(3,113

04,989
5,801
706.205

334,935

177,625

711,644

Oriental

1881.

18S0.

-

45,944

shows the receipts
Sub-Treasury in this city, as well as the
rax*h day of the past week:

$

41
M

“
“

20..
21

934.698 38
1,278.729 70

IIcl id a v

OO

23”
24.

Total

82,099,001 82

729,912 71
804,025 37
758,075 33

1,376,025 90

$

$

82,271,522 57
82,842,594 63

...

1,102,903 Vi
•1,417,001 63

992,361 29
8 J1.-03 73

0,170,018 98

4,236,268 45

83,07().6i0

93
83,427, 111 02

4,095,971 80
4.593,527 20

4,543,109 63

Specie.

$

$

$4 S t
3 83

Sovereigns
Napoleons

XX Reielmiurks. 4 74
X Guilders
3 90

Span’ll Doubloons. 13
Mex. Doubloons.. 15
Fine silver bars
1
Fine gold bars....
Dimes * ^ dimes. —
..

05

53

87
■

3
'a)
1
® 3
iv 15
3) 15

IPs

a>

87
78
97
90
65

1 1178

Xi/tAq prom.
99^2 a) par

Silver 4j.s and
Five francs

Mexican dollars..
Do

uncommerc’l.

English silver

Prus. silv. thalers.
U. S. trade dollars
U. 3. silver dollars

Leans.
$

152,263,900
153.210,300

Specie.

L. Tenders.
*

7,313,200
7,'2S 1,000

4,677,300

0,501,000

152,983.500

—

—

—

994t#
93
89
37

4 75
—

—

—

OS

a)

d)
3)
3>
d>

99j4 d>
9J7Hh>

statement shows the
York City for the
of business on Feb. 18.

247.900
114.000

2,000
402,000

31,000
45,000

893.800

932.900
892.800

799,400

2.689.900
2.832,800
3.508,400
1.040.100
2.509,900

167,100
310,900
108,300
99.700
203.000

1

45,000

5,400
790.200

8,237,700

1.069,500

427,000

8,204.50b
10.743,000
2.371.700
2,006,700
2.333.000
1.073.9OC

231.100
51)3.000
235,900
107.S0U

99.700
101,100
131.000
152,000
194.400
418,200

> 1.250,000

267.300

3,900
450,000
448.000

450,000

8.089.300

147.000

3.313.030
0,062,300
1,975.200
4.042.000

124,200

22,301.300

4,600

763.200
1

1,417,600 21.305.50C
1,012.500
70,20c
1,080,700
170.9OC
1,000,300
160.400
700,400 17,277.800
8,102.000
1.291.000
4,018.000
310.000
0,488.500
399,100

224,900
810,000
1 .252.000

225,000
591,100
430,600

421,300 16.442.500
5.945.590
4*1.200
1.150,800
99,000 j
1.62 s,000
181.000
1,8)1,000
489,806
2.498.200
04,2'tO
5 872 30(
180,830

161,203

2,087,3 0

145,506
157,000
85.000

4,510,200

269.966
225.000

180,000

01,866

1,041.300
1.587.190

450.030
19

as follows
week are...Dec,
$1,764,200
34,900

....Inc.

weeks past:Agg. Clear
Circulation.

.

*
I
20,031,500 935,819,567
20,010,803 997.3 i2,340
‘2O.0S3.2J0 1055,121,113
19,910.100 770.372,168

880.972.800

19.975.000

the totals of the Boston
Agg.Cle.ar.
*
63,097.721
66,819,431
31,287,400 69,907.67 9

94.159,300

“ due to other hanks.”

Philadelphia Banks.—The
follows:

45.000
,104,000
45,000

Deposits* Circulation.
*
*
95.551,600
81.237,500
9‘>,400,400 31,350.500

4,373,000
4,108,400

totals of the Philadelphia banks

Loans.

L. Tenders.

$

$
19,957.155
21,500.770
20.711,149

Deposits.

■

Circulation. Agg. Clear

$
$
11.O7O.0S9
57.095.22S
10.988.835 47.792.9U
76.809.283
77,505.803
10,978.941 > 52.058,121
Unlisted Stocks and Bonds.—The following are the prices
of securities that are not “listed” at the Stock Exchange as
quoted at 33 New Street:
Bid. Asked.
Bid. Asked.

1882
Feb. fl
“
13
“
20

70,608,917

....

....

20

....

Grand Rapids* Ind
Ilml.Riv. Contract Co

78
21
87
24

72^2
98
400

Imp. Co. ex-

Iron Steamboat stock.
Do
1st inert, bds

Ind. Dec. * Sp. coin...

48

84

50^
*86

6

is.JJs.iuud. 102
* Neb. 1st mort. 75

Do

Kan.
Do

n.

2d mort

Mid.Rit. of N.J. stock.
Do
A bonds
Do
B bonds
Mex. Nat. bonds

stock
Mutual Uu’n Tel. bds.
Do

stock..

N.Y. & Sc ran toil

20

cum..

127b

50 per

cent paid

Dan.Ter.r’rs,o.

Do

exten.

80 8-

$828,817
51,930
19,830
47,58#
190,621
1,961

2d M

8t

1,183,84#

2

2

1
10 ls

SJ

....

Tex.Sf.L.RR.sb.,30 pd ....
SJ
Texas * Col. Imp
...
U. S. Electric Light Co.

43

Vicksb. Mer’n
Va.

07

16
101

*

eom.st’k

Midland stock
l)o
income bonds
rremiuiu.

II

33,94#
9,15#

stock

Koch.* Pitts. It It.subs
Seim «. Rome * D.stoek
Do
1st mort
Do
2d M. stamp
Do
2d M., cleau
Do
incomes....
St. Jo. * West, stock..
St. Jo. * Pacific 1st At

at

1879.

Line subs. 9
Oreg.Trans-Cou.pt. pd J
Pens. * Atlantic stock '6
Do
s
bds. J-0
Pitts. * Western
9J7

Ric.&Al.&O.Cen.subs.

,

J

0X8

Oreg. Short

Do

18
10

Cons
Co. 100 *3

Noirtli River Const.

i>ref.. 26*2

Do 1st. ex J’e,’82,cp
N. J. S Kithern ....
N.Y. S.* W. com. st’ek
Ocean Nav. * Pier Co
Oregon Imp. Co. 1st ex
stock
Do

Rich.*

100*18

cG
29
13
8

St. L. subs. *20

Do
Do

2^8

Brush 1! iumin'g Co ... k
Buff'. N Ar.* Phila subs.
Cin * Geerr’a subs...
74.
Contiueni al Constr.Co.
Central Railway Con’15
stru-.t 'n Co.v D. LAV.)
79
Dei: *1Li: G..W. sub.cx.
IP
Do stock
Do bonds
Den.* I!LG. unl’d cocs.
Deny. * N. Orleans
Edison Electric L. Co.325

$
70,430,214
71,841.2)0
71,957.712

N. Y. Ch. *

23^

Am. Cable Consfcr. Co. *
Am. Railway Imp. Co. "
Bust. H. & E..newst‘k
old
DO

Do

New York City Banks.—The following
condition of the Associated Banks of New
week ending at the commencement




bps.

—

coins:

769.500

3.254.500
602,000 l0.119.000
9,668.500
361,203
4,651,400
120,000
6.181.400
501,100

$
$
18,909,3:0 311,990,103
19,773,009 310,109,409
18,843,409 310.32X930
18,481.500 310,051,300
18.005,000 333.8S7.100

Banks.—The following are
series of weeks past:

In tern at.

quotations in gold for various

731.700

170.300

Deposits.

a

interest

Coins.—The following are

102,200
148,500
74,900

for a series of

L. Tenders.

....

4,485,635 15
4,054,002 94

791,666

1.499,300
1,102,000
9(54,200
2.823.200

126.000

953,700

....

Currency.

2.388.600

1,100
267.000

13.882,700
3,405,300

Circulation..
Dec. 3,750.500
419.50C 1
Dec.

Including the item

are as

i

Coin.

Inc.

4... .328,852,000 66,019.930
11....327.913,500 03.229.500
18....338,659,330 59,179,030

1892.
Feb. 0..
*k
13..
“
20..

433,681

446,705

420,800
313,200
202,100
63,500

$745,800 | Net deposits

Loans.

Boston

40.232
34,923 3,748.655 3,740,998

,1,257,500

of previous

from returns

....321,071,300 08,764,103
.322.060,509 68,355,600

banks for

*

3,768,000
5.977.900
3,028.000
8,(38,900
1,493.'00

00,800

360.630
30.700

4,420,800

28.,.

Feb.

$

46.400

following are the totals

The

1830.

.

1,446,806

360,600

8.275.000

323,059.3 )o 59.470.000 18.005,03.) 305,887.100

and discounts
Specie
Legal tenders

.

1,417.300

1.963.50c
1,510,90*3

200,000
500,000

Loans

18S2
Jan. 21

1,676,200
2,857,200
5,058,500

495,000

11,128.000
5.481/200
6.253,000

145,000

170.2UO
240.000
14.‘.DO
314,200

1,477,100
1,782,700

250,000
200,000
750,000
300,000
100,000
200,000

The deviations

Sub-Treasnry.—The following table

18..

500,000

1,000,000
300,000

Germania
U. S. Nat.

Balances.

“

750,000

Chase National..
Fifth Avenue....
German Exch. ..

10.500
116,700
3.755.900

751.000
8,390,000
02 l.i >00
3,509.000
1,198,700
0,333.100
15,010,000 3,707,80)
5,683.600 1,042,000

300,000

Germ’n Americ’n

227,000

1.010,700
1.153.400
17.790.90C

3,200,000
2,000,000

Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
Bowery National
N. York County..

and payments at the
balances in the same, tor

Feb.

500,000
240,000
250,000

Fourth National.
Central Nat
Second Nation’l,

5.534.000
4.102,700

17,530,800
1,101,800

2,000,000

Park
Mech. Bkg. Ass’n
North River
East River

2,106.004
1,214,528

$

$i 5,984

$

400,000

f

$

,

V2.000
317.800
929.200
430,000
99,10U
536,000
52.000
893.000

33.500
905,000

2.078,800
3,288,000
20.312.000

300.000

i

Importers’ & Tr.. 1,500,000

Indianapolis Decatur & Springfield.

Receipts.

1,000,000

Marine

63,681

112,832
2,919,051
1,897,529

—Jan. 1 to date.

Payments.

500,000

Continental

“

42,011
47,052
(October... 188,210 103,837
Maine Central.. < November. 174,541
150,340
(December. 150,871.143,153
N. Hav. & Derby. Last 3 mos
43,320
35,001
*

600,000
1,000,000

•*

383,031

Houst. & Texas
Louisa. * Mo. R..November.

3,000.000

....

Citizens’
Nassau

15o,lo
102,947

140.197
34.899
53,900

S October... 51,315
C.December

500,000

Metropolitan

155,903
51,537

387,000

25,440
15,533

40.152
37,900

1,000,000

Hanover
Irving

224.310
178,143
233,737
104.917

101.433

78,774
17,703
957,903

November.
December.

People’s
North America..

3,315.000
6,82 s .900
312,300
2.804,100
269.1 IX)
1,671.500
2,9:0.200
14,077.200
510,700
4.233,500
302,800
4.423,100
o'0.500
1,617,000
178,000
1.070,000
18.400
994,000
432,500
3,041,000
142.500
024.900
077,500
3.546,600
12,215,000 2,979.000
15.085,500 2,434,000
991.700
6,022,400
0,415,700 1.024,000
450,000
2.430,200
342,00b
5.375,000
000,700
3,358.000
133,000
1,109,800
280,000
2.554.0GG
1,045,70U
8,367,50U
004,800
3,304,000
U.013.000 2,047,000
405,800
2.175,500
100,800
2,912,000
394.100
2,937,800
311,900
2.: 20,100
082,000
3,007,000
390.000
4,407.700
1.2o5,00o
6.744.400

Total

7,974

Norw.December. $15,190

450,000
200,000
700,000

Chatham

18,397

173.143
49,038
164,917
19,700

.

1,500,000

Republic

77.320

87,819
186,095
177,275

224,346

1881.

Danbury *

00.1*09

422,700

Pacific

1

74,746
72,844

Ohio—January...
Naahv.Ch. &8t.L. January...
52,287
N. Y. & N. Engl’d.lst wk Feb
153,847
Norfolk & West.. .January...
73,500
Northern Paciiic .2d wk Feb.
16.409
Istwk Feb
Ohio Central
0,080
Ohio Southern
2d wk Feb, 392,500
Oreg’nR. Nav.Co. January...
8,812
Pad. <feElizabetht.4tb wk Jau
13,896
Peoria Dec, * Ev.2d wk Feb.
1,503,075
Phlla.* Reading. January... 1,503,075
22,132
8t.L.Alt.*T,H. ..2d wk Feb.
~~
16,770
Do
(brchs).2d wk Feb.
135,895
8t. L. Iron Mt.* 8.2d wk Feb,
62,080
St.L. *San Fran.2d wk Feb.
85,700
St.P.Miun.&Alan.Jd wk Feb.
8,712
Scioto Valley
2d wk Feb. 117,214
South Carolina. ..January...
Texas * Paciiic.. 2d wk Feb.
Tol. Deip. & Burl. 2d wk Feb.
Union Paciiic
15dys Feb.
Wab. 8t. L. * Pac.2d wk Feb.

87,307

5.947

39,09 4
92,910
113,914
101,433
150.994

Mobile *

290,400

1,000,000
1,000,000

Broadway

Mercantile

511,453

19,828
202,788

800,000
5,000,000
5,000,000

Commerce

9.043

18,280
580.730
147.443

Houst.E.&W.Tex. January... 580.730
Illinois Cen. (Ill.). January... .147,443
Do
(Iowa). January...
40.407

200,000
200,000
600,000
300,000

Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch .

193,583
177.5S0
135,379
534.702
2L5.839

160,037
547.574
210,013

93,526
30,719
9,043

90,727
41.100

'

140,995
221,000
167,042

12,0S6
198,533
177,530
40,119

29,336

.

Hannibal*St. Jo.2d

208,376

92,600

Nation’l

Butchers’&Drov.
Mechanics’ & Tr
Greenwich

340,220
370,729
192,600
268,081

40,491

i

Eastern

J

208,376
51,791
95,384

.

Gallatin

1,700

030,800
810.300
786,C00
3,192.800

8.038.700

300,000
1,000,000
1,000,000
300,000

Merch’nts’ Exch.

1,675,468

272,600
542,351

39.048

Fulton

*

8189 00
1,0 ,‘3.(00

8.1*32.000
4.700.700

600,000

Chemical

147,789

2,371,455

.

78.435

43,089

858,084

.

St.L* N.O. January...

40,750
210,455

Feb.

Chic,

222,029

1,002.907

.

Feb.

375,879

1,376,000

.

4

$58,508

0 )

7.117,500

tion.

than IT. S.

4

2,452J 00

7.241.700

2,000,000
2,000,000
1,200,000
3,000,000
1,01)0,000
1,000,000
1,000,000

Teniers.

$

*

11,040.000

2,000,000
2,060,000

Netdept's
other

j

Legal

Specie.

discounts.

latest date—

$60,575

Capital. Loam and

Banks.

.

i

of

Average amount

■Railroad Earnings.—The latest
totals from January 1 to latest

•

217

CHRONICLE.

THE

4

....

fi

THE CHRONICLE.

224

THE WEEK, AND SINCE JAN. 1, i883

RANGE IN PRICES AT THE N. Y. STOCK EXCHANGE FOR
HIGHEST

DAILY

AND

STOCKS.

Saturday,

RAILROADS.
Albany & Susquehanna
Boston A N. Y. Air-Line

*130

pref...

Do

Western...
Burlington Cedar Rapids & No.

Buffalo Pittsburg*

Canada Southern
Cedar Falls & Minnesota
Central Iowa
Central of New Jersey
Central Pacific
Charlotte Columbia & Augusta

Chesapeake * Ohio

Chicago* Alton
Chicago Burlington * Quincy..
Chicago Milwaukee & St. Paul.
Do
'
pref.
Chicago & Northwestern
Do
pref...
Chicago Roclc I si. & Pacific
Chicago St. L. * New Orleans..
Chicago St. Paul Minn. & Oni..
Do
prof.
Cincinnati Sandusky * Clev....
Cleveland Col. Cin. & Ind
Cleveland & Pittsburg guar
Columbia & Greenville, pref—
Columbus Chic. * Ind. Central.

Danbury* Norwalk

Delaware Lackawanna * West.
Denver & Rio Grande
Dublinue & Sioux City
East Tennessee Va. * Ga
Do

Green Bay Winona & St.
Hannibal * St. Joseph

23*2
331

130
135

*3334
94 7e
903a

25
130
134
13334

26
130

34*2
100*4
50

pref

Do

12434 12534
G4*s 65 *8

223g
32*4

22 78

20
*29

1*341

124*8 125*2

22

22

93 5e
99'8
78
136
42

78
134
41

42

31
32*4
109 34110 1

8G34

86

57

561

32

30

69
87

70
87

851

86*4

......

7
68
87
82 1
46

......

20
60
34 *8

^

Ohio Central
Ohio & M ississippi
Ohio Southern

Oregon * Trans-Continental...
Panama, Trust Co. eeititicates.
Peoria Decatur* Evansville...

Philadelphia * Reading
Pittsburg Ft. Wayne* Chic
Rensselaer* Saratoga
Rich.*

34*4
72*1
19**8
701
190

.

Richmond A Danville.
Richmond * West Point
Rochester * Pittsburg
Rome Watertown * Ogdeusb’g
8t. LouisAiLou * Terre Haute.
Do

pref.

St. Louis * San Francisco

225
258

29**8
*33
84

371

pref.
1st pref.
.

8t. Paul * Duluth
Do
*t
pref
St. Paul Minneap. & Manitoba.
Texas & Pacitic
Toledo Delplios * Burlington
.

Union Pacitic
Wabash St. Louis & Pacitic
Do
pref.
...

MISCELLANEOUS.
Telegraph

891

Oregon Railway * Nav. Co

Pacitic Mail
Pullman Palace Car
Butro Tunnel
West.Union Tel., ex-certificates
EXPRESS.
Adams
American
United States

Wells, Fargo & Co
COAL AND MINING.
Consolidation Coal
Homestake Mining
Little Pittsburg Mining
Mariposa Land & Mining

97
67

*

200

65*2

13134 134*2
38

40

40*4
13*2

"2734'2934

108
109 58
51*2 51*2

51*2

6934

74
70

531

551

30*4

94
30

94
30

7
70
871

8
50
85 34

851

801
451

94*8
29

5434
94*6
29

132*4 1333
40 *2
38

293,,

581

61

28*4 29*2
108*2 111*4
49*2 49*2

2,225
164,590
1,100

73*2

126,095

70*2
61
5l34
93
'28

*31
*17

*1*8

6,050

94
30

1,360

54
84*2

CO

82 *4
4n *4
20
60

79*6

82 1

42

42
20

27»4

SO3*

92
25

31*g
9734
25

93
22

26

C2

71*2

821

84*2
79

451

45

26*2

1221 1221
72

129*4 130*4
105

381
75
170

A
M

Si

2334

241
53 *4
34
.

o

a

86

60
97

128*4 180

68
129

105
35

104
36

104

74*v
169
22 34 2334

73

74

23

2334

46
31

50*4

60

33'a

47 *2
31

661
18*8
27

72*4

68

19

18*2

71*4
20*6

30

29*4

106

371

73*4

69-4
130*2
37 3a

2.807

79

15

82,410
2,700
14,584
8,095
4.94 5
137,688
6,550
3,700

60*2

641

26*4
57*4

271

26*4

28*2

5*010

581

55*2

58

251

"26"

22

219

2191

130

254

255
30

164

29*4

34

32

32 *8
80
38

31

78

37 1

381

381

891

531
86

531
88

38

84

85

159
165
180
200
28 34 301

35*8

35"

27
80
35

47

51

45

47*2

80

84

7934

82.

32
80

*30

*77
35

26

60 1

42 34
15

117

43*2

109*4

40
15

44*4
15

1175,

31

603s
-

42*2
15

116*4 117
28*4 30*2
54*4 571

32

58

7e

50

49

50

42
108*4 109*2

41*4
10734 108*2

*40

*40

40*2

41*2

....

108 7a 109*2
36*2 41*2
14
14

109
109
37*2 40*«

11034 1153,
27 7s 29*4
54*4 56 hi

111

50

50

43

s8

42*2
1127

* 43 5g 41V
127

*

80
145

78 7a

92
77
127

*143
90
75
128

19

*31
19

134

*158

79 7e
146

9134
75
128

7rfV
140
*90

75*4
120

31*
19

134

*19

*158

114*2

28*4
553e

301
57*4

49

49

41
41*2
3834 43
107*2 108'*8^06 *4 107*2

....

42*4
128

79*4
146
92

75*4
128
31
20

134

38
122

4134
128

fig
763s

fig
781

*141
143
90 34 90 34
*74
75
*123
128
30

30 34
20

*19

*11

134

39*4

45,100

20
800
800
943

1,700
1,610

124

77

125

783s

73
125
30
*19
1 °8

Mining
Pennsylvania Coal
Quicksilver Mining
Do
pref
Standard Consol. Mining
Cameron Coal
Central Arizona Mining
Deadwood Mining
Excelsior Mining
Hew Central Coal
Bobinsou Mining

1.600




73

168

2‘_1
20
46
31

0(.34
17
2

1

60

190
26

2178 J an.
00

Jan.

1281 Fob.
74 -I Jan.
84
16

Jan.
J an.

261 Jan.
16
110

Jau.
Feb.

111 '-4 J an,
86
Jan.

137*4 Feb.
4*1 Jan.
131 Feb.
49

Jan.
37*4 Jan.
115 VI an.
52 *a Feb.

"l00**4 Jan."
75
Jan.
60*g Feb.
981 Jan.

35

*240

*13
60

*161
*1
*6
*1
......

14
60
17

11
61
11
......

35
*240

35

*34 *2
240

*1234

12*2

*161

*57*2
*16*2

H
*6
*1
17

*21

1*8
6*2
1*4
17

35

*34*2

35

*34*2

19 140
Jan.
Jan.
23 40
23 250
Feb.
10 263
Feb.
1
1
311
Feb.
Jau.
3 21 *1 Feb.
Jan.
Feb. 24
43**4 Jan.
92
Jan.
Feb. 21
Feb. 23
407a Jan.
Feb, 24
661 Jan.
Feb. 24 1061 Jan.
30 34 Feb.
Feb.
71
Jan.
Jan.

Jan.
Fell.
Feb.
Jan.
,

20
26
78
35
45

...

7934

■“

_

Jan. 28

31

128

73
125

10
3a3
312
133

30
20

900
100

92

60

Jan. 31 140
Feb. 23 451
Feb. 23 145
1
Feb. 2
Feb. 23 82 34

12

57*2
16

12
60
16*2

31*2

*1534

*1

H

*1

7

*1
*6
*1

l*a

*6*4

7

*51

1421 Feb.
90
73
125

Feb.
Feb.
Feb.

17

16

17

17

*2*2

35

100

12*2

500
800
200

234

2

16*4

i',300

1*2

V

3

16
*3

17

3*4

the prioes bid and asked—no sale was made at the Board.

f Kx-privilsge.

10
400
300

Jau.

Feb.
Jan.
Jan.

Jan.

151 Jan. 17

367e Jan.
1934 Feb.

4
Jan. 25

21J an.

30

2

1*8
6*2

Feb.

24 1491 Jan.
18 941 Jan.
24 S01 Jan.
24 1301 Jan.

Feb. 23

11.1 an.

1=6

....

12*2
61
17

16
31

71V
60
90
90

40V
45

821 113
801 103V

2034 33V
32-V 48V
23
36V

127

156

1331 182V
1011 1291
11(33.1 140
117
136

1311 147V
129

40

331

148=,
88
51

91

109V
411 68V
81

127*4

101V

142
82
95V
18 **4 32 V
60
77
107
131
66
113V
761 88
13
21
23
33

121 12V
44V 350
94
63

124

121
106

146V

381 57 V
14
41
32

30V
56

65V
112V 135V
44

63
161 38

79
110V
50
117V
15*i 59 V

91 Jan.
32-V Jan.

2
‘

*341

50

30

Feb.
32
151 Jan.

551 Feb.
1
671 J an.
1331 f eb. 24 1351 Feb.

38
29,250
1,043 122
400
1
185,272
763a

opt

are

84
Jan.
137 1 J an.
104
Feb.

5,617
38**4 Feb. 23 45m Jan.
8,144 1051 Jan. 9 109 ‘o Feb.
42
Feb. 11
49*1 Jan.

SilverClill
form
Mining
Thww

Jan.

571 Jan.

21
°*
24
12
24
23
2
24
21

181 Feb.

Ontario Silver

102

an.

~~

142*2 142*2

9034

371.1

1,300 1081 Jau. 26 1151 Jan.
361 Feb. 23 513h Jan.
61,180
2,100
101 Feb. 15 171 Jau.
51,435 110**4 Feb. 23 11934 Jau.
381 Jan.
28,285
271 Feb.
71 °8 Jan.
80,300
541 Feb.

Maryland Coal

*

!

35

21
2,975
7,867 130
2,989 150
24 *
8,600

131

41

Feb.

Fob. 2D 1991 Jan.
Fell. 231 431 Jan.
Jan.
Feb. 24! 85
Feb. 17 172
Feb.
Fob. 23 28**8 .Jau.
6
20
Jan.
Jan.
Feb. 23 5834 Jan.
37 *4 Jan.
Fe b. 2 3
Fi b. 23 77 *4 Jan.
25 1 Jan.
Feb. 15
Feb. 23 38**8 Jan.
Feb. 24
231 J an.
75
Jan. 30
Jan.
195
Jan.
Jan.
37 a4 Jan.
Feb.

101
I

26
68

109 78 110

Jan.

-lob.
Feb.
Jan.

37
69

131

Feb. 23

139

7e 235
28*2 29*2

123
136
145
135
^4

45

Jan.

15

39

23*4

1H>1 Jan.

j

350

28

22

26**4 Jan.
1351 Feb.
138
Jan.

77,782 128*4 Jan. 3113534 Jan.*

60

25*2
219

Jan.

3734 Jan.

4
92
Feb.
90
Jan.
21
52
42
Ja h.
Feb.
21
Jan.
20
Jan. 18
Jan.
60
Jan. 25
61
55,645
261 Fen. 23 39 3h .Tan.
80,150 i 92
Fob. 23 1041 Jan.
668 ! 22
Fob. 24
3534 Jan.
285 120*8 Fob. 15 123*4 Jau.
20,300
62
Feb. 23 8-71 Jau.

26

5634 591
133 *2 133 *2

Jan.
Feb.
Jan.
Feb.

26

120
25

600

86

30
15

Fob.

481 Jan.
93
Feb.

40,250

70

31*4

30*4

61

31,050

’

222
227
2591 2611

671 Feb.

11
7
50
84

3.310

69

J an.
6
391 Jan. 3
80
Feb. 23
44
Feb. 23
15
Feb. 18
33 hi Jan. 26
89
3
Jan.
SO
Feb. 23
70
6
Feb.
20
Fib. 23
31 *2 Feb. 24
23
Feb. 15
128
3
Jail.
128
Feb. 24
! 04 4 J an.
4
119*4 Jan. o
4
124
J an.
l:*6*o Jan.
6
21
1291 Feb.
21
74
Feb.
‘2! 1**4 Fob. 23
97 1 Feb. 24
4 7 *2 Feb. 23
751 Feb. 24
133
7
Jan.
87
Jan. 27
9*4 Feb. 13
6;>
Jan. 23
1211 Feb. 23
591 Feb. 23
83
Feb. 20
10
Feb. 23
10
Fell. 23
8
Fe b. 15
91
Fel). 16
Feb. 16
91
62
Feb. 24
4
Jan.
127 **4
38
Fob. 16
331 Fob. 22
48
J an. 19
2734 lob. 23
Feb. 23
108
491 Fob. 24

710

169

33m

Jan.
32*4 Jan.
70*4 Feb.
39**4 Jan.
85 *8 Feb.
561 Jan.
21
Jan.
37 *4 J an.
97 If Feb.
941 .Tan.
751 Feb.

60

400

3.

145
90
*74
126

53*2

6 133

Jan.

32*4 Jan. 18

950

61

60
86

54

321
961 1001

2*7 * * "27 V

1347a 135
79

15,615
2,400
200

130

*421

400

8

66
86

30‘i

72 *0

281

4,600

10,600

......

....

49
108
*42

94
62

31

433a 44 *2
14*4 15*4
117*2 118
31 34 32 34

41*2

100

98*2

30*4

American District

Colorado Coal * Iron
Delaware * Hudson Canal
New York & Texas Laud

10,200
1,800

95

32
16

1093s 110

59*2

113,892
216,467

,65*2

191

..

1223, 124*2
601 63

98>,
75

1934

35
84

6,073

97
75

721
19*4

31

10*4

10*4

91 78

711
181

260

10*2

91 V

311

28
230

300

52 *2

741

700
236

132

9134

170

913

10,525

93*4

371

2,935

97*2 100
47*2 47*2
75 *2 75 *2

923a

I115

530

34.273

10,200

20

68

5,020
74,463

32*4

19*2

731
191

291 29 V
01 *4 611
132
134

'*271

33*4
99*4
471
761

538
800
390

200

76

20

72 V

70

130 1

19

34*4

171
71

129*2
108*2
120
1204,
12934 131 V

20 3s

74

32

129*4 129*4
128
107

111

47
33 V

k

1,990

32

1034

51

.

21*4

31*2

82

0334
341

....

20

30

64
50

*

Allegh., stock trust ctfs.

Do
Do

54

93,64 0
39,721

74*4

121*2 124*4
595b 63*8

28

28

94
89*4

‘72

79*2

32**8 34
100**8 102

29

54

*32
*14

97a

60

^

9234
87*2

88

20

Vr

300
100

12*2

67*2

461

k

34*2

12,765

10

51

57
94

56*e
931

961

*94
2934

•33

130

29*4 29 76
108*4 1091

86

79*2

80
49

13*4
21*4

40

..

pref

98*2
47*2
76*2

132*2 133*2

51*4

..

Do

3378

13*2

122
1221
76
76
Nashville Chattanooga * St. L.
731 75
130 V 1311 130
New York Central * Hudson
1311
108
107
H06
*105
New"York Elevated
New York Lake Erie * West..
39*8 39**8
381 391
Do
76
761
pref.
New York New Haven A Hart. 16934 169**,
24 *4
New York Ontario * Western
25
251
25**8
Norfolk * Western

Northern Pacitic

74*4
291

74

123*4 124*4
62 7a
61

22*%

93*2
99 78

130

'""7

*70
46

1403,
129*2 131

140

139

131*2

1034

12“

136*2

413,

10

135,

9934

176

*21

128**8 131 *2

99*2 100
48
48*2
78
78
*131

13*4

101**8 102*4

pref

22
32
25

128*2 128*2
131*8 132*4
106*4 108*4

142

74
33 *4

48*4

*21

13134 13134

65*4
83

98*4

29

Do

32*4
241
129*2
133*2
10s 1

140

63
S3

931

33 38

Ohio
Essex

891

13 V
12
94

pref...

Kansas * Texas
Pacific

86

11*2

51*4

Milwaukee L. Sli. * West.,

90'V

107*4
122‘f. 122*8
131*2 133*4

143
133

11

3134
11034 111*2

Minneapolis* St. Louis

94*2

129*2

134*4

80

33

—

91

13234

122

*

11*2

1034

pref

Memphis & Chai teston.
Metropolitan El&~: ted
Michigan Central..

35
95*2

58

88

12

Louisiana* Missouri River....
Louisville * Nashville
Louisville New Albany & Chic.
Manhattan
Di
1st pref
Manhattan
each Co
Marietta & v.
cinnati, 1st pref.
Do
2d pref.

*33 34
93
89 =a

48

24 *2

10934

34
100
48

80

'78

82

36

*35
25
130

Long Island

Missouri
Missouri
Mobile A
Morris *

’

80

80
41

*75
46

*23*4

34*4 34*8
10U**8 100*-.

Paul.

Lake Shore

97*2
9" 4

135*4
1083* 109 5s 108*2
122
12134 122
133 7e 134 'v 133's
1421 142*2 142
132
132
132*4

pref..

Houston & Texas Central
Illinois Central
Indiana Bloom’ll * West., new.
Keokuk & Dos Moines
Do
Lake Erie & Western

23 kj

13*2
22*4

pref

Do

951
9134

130

'*300

51
17*2
35

48*2
17*2

923s
901

Low. High

68

68

83
51
16

"76
501
15

Friday,
Feb. 24.

Feb.*23.

*125

132

132

68

68

331
*23 *.2

1st pref
2d pref

Do
Do

132

Feb. 22.

Feb. 21.

Feb. 20.

For
Sales of Range Since Jan. 1, 1882, Year Pull
1881
the Week,
Shares.
Lowest.
Highest.

PRICES.

Wednesday, Thursday,

Tuesday,

Monday,

Feb. 18.

LOWEST

[VOL. XXXIV.

33
240

Jan.
Jan.

Ill Feb.
57
14

Jan.
Jan.

31*4 Jan.
1
5

Jan.
Jan

*4 Jan.
17

Feb.

2 *4 Jan.
2\ Jan.
11 Feb.

9 26
16 35
17 245
x*t *4
14*.
24
62 *4
3
11
17**4
26 37
11
26
5
17
15
9
5

6

J an.
Jan.
Jan.
Jan.
J an.
J an.

Jan.
Jan.

Jan.

621 70S
341 54
85

114V

225

chronicle.

ime
A«VAH8*I

f

and railroad bonds

QUOTATIONS of state
Bid.

SECURITIES.

6s, 1883
7s, 1890

82

A&K?a”3 to 5,1906....
Oiftss a! 2 to 6,small....
dA88 B, 68^1906
01*88 ^L48,1 n?2?

83*4

85*4

1899-1900...
Rock & Ft. S. iSfC

26

31

10-208,

6a,

Ta L

81
99

1900

New York—

1021al.
106
103
108
114

6s, gold, reg., 1887..
6s, gold, coup., 1887
6s, loan, 1883
6s, loan, 1891
68, loan, 1892

|.
.

.

-

T^'feisi*
small

Do

J.&J.

off, J.&J.
off, A.&O.

115
115
10
10
18
18
3
6
6
6

1868-1898.

bonds, J.&J.,
Do
A.&O
Chatham RR

Special tax, class

100

Consol.

’92-8

1, ’98-9

class 2
class 3

Do
Do

100

68, Act Mar. 23, I860 )
non-fnndable, 1888.. S
Brown consol’n 6s, 1893
Tennessee—6s, old. 1892-8
6s, new, 1892-8-1900..
6s, new series, 1911...

135

1866-1900.

New

115

i

coup,
coup,

Funding act,

51

50
50
50
36

6s, now, 1866

6s, new, 1867
6s, consol, bonds
„
6s, ex-matured coupon..
6s, consol., 2d series
6s, deterred

8
84

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

89
60
45

144

14

106°b

106**4

Registered

106

68, 1886
Island68, coupon, 1893-99

ie

7 4
101

Virginia—6s, old

48,1910

Small
Ohio-

Funding 5s, 1899
Do
small

Rhode

6s, loan, 1893

66

!

68

’87.

do

107 109*2
108 4 112 "
1114
1124
112 4

South Carolina135

Carolina RR.,
Do
A.&O
Do
Do

! 100

Do

188b-...-

?t|?fdTil9'o

I

68, duo 1882 or 1883
•
6s, due 1886
6s, due 1887
<
■....!
6s, due 1888
6s, due 1889 or 1890—1
Asyl’m or Univ., due ’92
'
Funding, 1894-’95
Hannibal & St. Jo., ’86.

23

^orgia-68^1886
78, new,

No.

Missouri—

ft* gSl.t* ȣ Kr

Jj Art amis*Ceil?'KB.'
^onnecticutr^Gs,1883-4..

6s, old, A.&O

Ask.

Bid.

SECURITIES.-

Ask.

Bid.

Carolina—6s, old, J.&J.

N.

Michigan—
higan81

and miscellaneous securities.

SECURITIES.

Ask.

Bid.

SECURITIES.

Ask.

BONDS.

STATE

registered

Do

T§,

RAILROAD

Railroad Bonds.
Exchange Prices.)
Al*. Central—1st, 6s, 1918
Atch. T. & S. Fe—4 4,1920
Atl’c & Pac.—1st,6s, 1910
(Stock

Balt.&O— lBt, 6s, Prk.Br.
Boat. H. &E.—1st mort
Bur. Ced. R.& No.—1st, os
ICinn.A St. L.—lst,7s,gu
Iowa C.& West.—1st, vs

E.T. V a.&Ga.
1st cons. 5s.

7s.’99
7s
fd.
fa, gold, Beries A, 1908.
gold, ser. B, int. def.
Is, currency, int. def ...

Chicago &
Income

1114

111

U10
UOl
784
46a4

Alton—1st m..

7s, 1883

2dm.

(360), 7s,

2d, guar.

Central of N.J.—lstm.,’90
1st consol., assented, '99
Oonv.,

assented, 1902...

Adjustment, 7s, 1903...

Leli.&W B.—Con.g’d.as.
Am. D’k & Iin.—5s, 1921
<J. M. & St. P.—1st,8s,P.D.
Id m., 7 3-10, P.D., 1898
let m.,7s, $ g., R.D.,1902
letm., LaC. Div., 1893..
latm., I. & M., 1897....
letm., I. & D., 1899 ....
lstm.. C. & M., 1903....
■Consol. 7s, 1905
Id mort., 7s, 1884
1st, 78,1.& D. Ext., 1908
fi.W. Div., 1st, 6s, 1909.

1st, 5s, La.& Daw,

1910.

106

1*15**
1*1*3*

1*1*4*'

12*9 * *
116

134
118
126

Kent’lcy

121
120
102 4

115 4
1054
t....... 94 4
104

1034
114 4

1114

t65

72

105

107
90

.

.

.

„

121*4

121
944 95
96

119

'*87 4

>107

ti03

mort., 7a. gold, 1883.
Cecilian Br’cli—7s, 1907

1114

Income &

1st,Rio

Pa. Co’s guar.

Metrop’lit’n El.—1st,1908
2d mort., 6s, 1899

i’ll 6**

Col. Ch.& I. C.—1st, cons
2d con., 7s, 1909

1st, Tr’t Co. ctfs., ass’d
2d, Tr’t Co. ctfs., ass’d
1st,Tr’t Co.ctfs.,suppl.

112 4

L.S.&W.—1st 6s, 1921
Minn.&St.L.—1st 78,1927
Iowa Ex.—1st, 7s, 1909.
Mil.

95 4

128
7s, 1907.
tSvLBing.^ N. V.—1st,7s 123
3$*rri3 & Essex—1 st m. 133 4 138
2d mort., 1891
11324
1113
Bonds, 7s, 1900....
7a of 1871-1901
‘ 11224 123
105

Collat. Trust,

DeowSo.pi&paC.._:RT.7s{ U1I4

......

asli.Chat.& St.L—1st,
2d, 6s, 1901

Central—6s, 1883

7s

•• •

......

......

•

^

•

•

•

•

115

103
1

.

1034

08

133

tl334

......

fillO

......

Canada So.—1st,

£

Harlem—1st m.,
1st mort., 7s, reg., 1900

accrued interest.

1114
106*4

t No price

93 4

135

Iob.& O.—1st pref.debeu.
2d pref. debentures
3d pref. debentures.....
4th pref. debentures

87

864

1014
64

'Miio Cent.—Income, 1920
Miu’l Div.—Inc.7s,I92L
bio So.—2d Inc., 6s,192 r

134
1.27

130

89 4

101*4

39”

*3*0*'

3*5**

Evansv. Div.—Inc., 1920
loch. & Pitts.—Inc., 1921
.

j 7 6*"
75
38

......

......

39

Caro.R’y.—Inc.,6s,1931

Louis I. Mt. & So.—
1st, 7s, pref.. int aecum.
2d, 6s, iut. acc’mulative

83

t’gl.&R’y—Ser. B.,inc.’94

(is, 1896..
ling Mtn. R’y Inc..’95
t. L. A.&T. H.—Di v. b’ 11 (lsi
Plain Income

tel

84

List.

Va. State—New
Atl. &

40
39 \
111
109
108 a4 109
90
78
100
95
115
113
127
125

10-40s...

Gulf—Cousol.78,’97

Income,

6s

Stock

Central—1st, 6s, 192;
lent. Ga.—Consol, in., 7s^
Stock
J

'ar.

Ihic.St. L.&N.O—5s, 1951

1100
^

1122
1106

6s.

J

119
2d mort.

ioi"

<ong Islai
2d mort.

110

iempu.<S(Jiiar.—isucuus.

100

9*4

25

$22

Div.—6s, 1910.

.....

R’y—1st,6s, 1920
90
t85
2d, 6s, 1921
Tex.Cen.—1st,s.f.,7s, 1909 t 107
90
Tol. Del. & Bur.—Main. 6s
85
1st, Dayt. Div., 6s, 1910 t
1st, Ter’l trust, 6s, 1910
824 83*4
W. St. L. & P.—Gen. in., 6s
86
83

Friday—t’.iese are latest

*37*

t.

89

ibo

t

92
6(5
60
54

(Broker's Quotations.)

X

52
85

79

Miscellaneous

1910
Div.—6s, 1910
ToLP.&W.—1st, 78,1917 109
92
Iowa Div.—6s, 1921
Ind’polis Div.— 6s, 1921.
Detroit Div.—6s, 1921..

50

O.—lstinc.ac.5-7*

Dayton

So. Car’a

514

>89
t85

N. Y.P.&
N.O. M.&Tex.—Deb.serin

1*1*9**

1931. ...
Wabash—Mort. 7s of ’09

95

51*4

N.Y.LakeE.&W.—lnc.Gs_j
100
104

119**' 1*25**

T.—1st m.

Cairo Div.—5s,

'

J

Mil. L. S. & W.—Incomes.

ioi 4

Hav.

1024

133

Lehigh & W.B.Coal-1888
Lake E. &.W.—Inc. 7s. ’99

*70”

SamUky I)iv.—Inc., 192(

Chic. Div.—5s,

102 4

1st mort., reg., 1903 ..
Huds. R.—7s, 2d, s. f.,’85

int. gu.
7s, cp..

103
102

St.P.Minn.& Man.—1st,7s
J105
2d mort., 6s, 1909
102
107
Dakota Ext.-MJs, 1910.. 11054
6334
St. P. & Dul.—1st,5s,1931 tioo

......

..

IO734

2d mort., pref., 7s, 1894.
2d mort., income, 7s, ’94 t
Belleville&S.Ill.—lstm. 1123
108

77

3l”

BayW.& St.P.—2d,Inc.
lnd.Bl.&West.—Inc., 1919

135 4 140

Gen.c.r’y& l.g.,5s,1931..
St. L. Alton & T. H.—lstm.

6s, 1892. |100

6s, real estate, 1883
6s, subscription, 1883..
N. Y. C. & H.—lstm.,cp.

994

1 And

•

Morgan’s La.&Te.x,lst,6s
N. Y.

131
30
115

136

'99**

1114

-

N

Rena. & Bar.—1st* coup. 1135
135
1st moit., reg.. 1921
Deny. & Ric Cr.—1st,1900'

Cairo Ark. &

1144

Cons., assented, 1904-6.
58
2d mort., income, 1911..
H. & Cent. Mo.—1st,’90.
till
Mobile & 0.—New in., 6s.

118

let. Pa. Divcp.,78,1917 t”””
1
Reg 78,
Alb. & Susq.—1st m., 7s 113
2d mort., 7s, 1885
108
1st,cons., guar.78.1906 125

100
100

90

Ex.—1st, 78.1910 108
98
Pac. Ex.—1st, 6s, 1921.
76
Mo. K. & T.—Gen.,con., 6s

ii*54

1st mort., ext., 7s, 1891.
1st mort., coup., 7s, ’94 1116
lat mort., reg., 7s. ’94...

108

S’tliw.

125

1

105

52**

52 '4

G’

IO434
Ricli.&Danv.—Cons.g., 6s. 103
Atl. & Ch.—1st, p.,7s,1897
98
t
Inc., 1900
103 4
Scioto Val.—1st, cons., 7s.
115
114**4
St. Louis & I. Mount.—1st
1054 107
2d mort., 7s, 1897
Arkansas Br.—1st mort. U07
106 4
Cairo & Fulton—1st m..
106

100

Mil.&No.—1st, 4-5-63,1910

IO434

°®1-&..(iVeeu.—l.st,6s,1916
2<i, Jf's, 1926
^
& W.—7s, conv. ’92
JMort;

92
127

*7*5 *

D.—1st, I no,,Os

Va.&G.—Inc.,6s,1931

Ind sDec.&Spr’d—2d me.
Trust Co. certificates...
Int. & Gt. North.—2d luc.
2d asseuted, 6s, 1909....

95
95

79

Trust Co. certificates...
Roch.& Pitt,—1st,6s,1921
Rich.& All’g.—1st, 78,1920

75

a.—Coup.deb. certs.

Eliz.C.&No.—2diuc.,197()

St.L. V.&T. H.—lst,g.,7s
2d mort., 7s, 1898
2d m.. guar., 7s, 1898.

100*8

100
90

6s, 1909

Coupon, 5s, 1931
Registered, 5s, 1931....
Jack. Lan.& S—6s, 1891

E.T.

Pits.B’d.&B.—lst.Gs.lOl 1
Rome W.&Og.—Con., 1st.

Mich.Cent.—Con.,78, 1902 t
1st mort., 8s, 1882, s. f.. + 104
Equipm’nt bonds, 8s,'83

100

44s 1st c.

101^4
55

Chic.St.P.&M.—L.g.ine.Gs
Chic. & E. 111.—Inc., 1907
Des M&Ft,

Registered, 1921
132
Pitts. Ft. W.&Ch.—lstm
*131
2d mort., 7s, 1912
3d mort, 7s, 1912
Clev.&Pittsb.—Cons., s.f tll2
125
4th mort., 6s, 1892

93
103

Manliat.B’cb Co.—78,1899

111
125

Cent, J

tioo

I’d gr., reg.

119
118
118

t

Ool.Cliic.&LC.—Inc.7s,’9()

Pennsylvania RR—

......

1901

1194

t.

Atl. & Pac.—Inc., 1910..
Central of X. J.—1908....
Chic.St.L.&N. 0.-2(1,1907

*1084
106 4 107 4
102
100

G.Div.,6s,1930

111
110
100

Val. W.W.—1st, 6s n*o*6* i*06»i

•Spring

ios *

......

:08

N.Y.& M.B’h—1st,7s,’97
Marietta & Ciu.—lat, 7a..
1st mort., sterling

8s, ’93

+

N.O.&Mob.—lst,6s,1930
E. H. &N.—1st, 6s, 1919
954
105
Gen’l mort., 6s, 1930..
100
132 4
Pensacola Div—6s,1920
107
St. L. Div.—1st, 6s, 1921
*5*7*
108
2d mort., 38, 1980
Nashv. & Dec.—1st, 7s. ill5
102*
125
S.& N.Ala.—S.f.,6s, 1910
Loban’n-Knov.—6 s, 1931 101*4 105
L. Erie & W.—lat, 6a,1919
95
1014
Sandusky Div., 6s, 1919.
1014
102
Laf. B1.& M.—1st, 6s, 1919
101
Louisv.N.Alb.&C.—1st,6s
120

1900. reg
S. W. Telegraph—7 s,

122 4

......

„

«

100

109

Om.Div.—1st mort., 7sClarinda Br.—6s, 1919
St, Clias. Br.—1st, 6s.
119
No. Missouri—1st, 7s.
West.U. Tel.—1900, coup. 1

(Interest payable if earned.>
Ala. Cent.—Inc. 6s, 1918.

Atcli.C.&P.-lst,0s,19O5
At. Jew. Co. &W.—1st,6s
Utali So.—Gen., 7s, 1909 t
Extens’n, 1st, 7a, 1909 t
1014
Mo. Pac.—1st consol., 6s
110
3d mortgage, 7s, 1906.
106
Pacific of Mo.—1st, 6s ..
111
2d mort., 7s, 1891
St. L.& S.F.—2d, 6s, cl.A tioo
85
3-6s, class C, 1906
85
3-6s, class B, 1906
1st, 6s, Peirce C. & O.
Equipment, 7s, 1895.. 103
So. Pacific of Mo.—lstm
103*4
Tex. & Pac.—1st,6s,1905
Consol., Gs, 1905
63

......

•i*o*6

INCOME BONDS.

■u

...

Hau.& Naples—1st, 7s
St.L. K.C.&N.—R.e.,7s

......

105

Cent. Br. U. Pac.—1st,6s
Funded coups., 7s, ’95. tlOO

iio

108
100 4 102
10«
100

109
107
103 4
103
106

Den.Div.,68,ass'd,’99
1st cons., 6s, 1919...

114

„

108
105

"99**

Consol., conv., 7s,1907
Gt. West.—1st, 7s. ’88.
2d mort., 7s, 1893 ...
Q. & T.—1st, 7s, 1890.
Ill.AS.I.—1st, 7s, 1882

1113 4 113 4

Registered 8s, 1893...
Collateral trust, 6s
Kans. Pac.—1st, 6s,‘95
1st m., 6s, 1S96

108

_

X

Oregon—1st m..

Sinking funds,

Con.—M..6s.1911

ii'd

MiL& Mail.—1st,6s,1905 t'.'.Y...
C. C. C.& Ind’8—l8t,7s,s. f. U 23
Consol, mort., 7s, 1914.. 123
0 St.L.&N.O.-Ten.lien,7a
latm., con., 78, 1897....
99 4
C. St. P.M.& O.—Cons., 6s
C.8t.P.&M.--lst,Gs,1918 111
No. Wise.—1st, 6s, 1930.
St. P. & S.O. -1 st, 6 s, 1919 ill”
Ohic.& E. ill.—1st,s.f.,cur. 1103




102 7g
113

......

Cleve. P. & Ash.-7a—
Buff. & Erie—New bda. 11234
102
Buff. & State Line- 7s.. t
111
107
Kal. & W. Pigeon—1st.
126
Det,M.& T.—1st,78,1906
120
Lake Shore—Div. bonds
130
125
Consol., coup., 1st., 7s
128
Consol., reg., 1st. 7s...
Consol., coup., 2d, 7s.. 1123
125
Consol., reg., 2d, 7a ...
123
Louisv..& N.—Cons,7s,’98

.94

Sinking fund, reg
Sinking fund. 5s, 1929..
t
Sinking fund, reg
lowaMidl’nd—1st m., 8s tl20

‘Prices nominal.

*8*6**

.

108
1004 104

Equipm’t bonds,7s, ’83

State Aid bonds,7s,’84
Land grant bonds, 6s.
111*
West. Pac.—Bonds, 6s tno
1 03 y4 1043s
So. Pac. of Cal.—1st, 6s.
1154 117
Union Pacific—1st mort.
115*4 1164
Land grants, 7s, ’87-9.

112

2d

123
124

Peninsula—1st hi., couv. 120
Chicago & Mil.—1st m.. Tl 19
Winona & St. P.—1st m. >107
2d wort., 7s. 1907

Cal.&

111
107

Lake Snore & Midi. S.—
Mich. So. & N.I. a.fd. 7a
Cleve. & Tol.—Sink. Id..
New bonds, 7s, 1886..

120

1st, consol., 7s, 1910....I

80

1920.

Pac. RRs.—C.Pac.—G.,0s.
San Joaquin Branch..

107

Indianap.D &Spr.—1st,7s
2d, 5s, 1911....
Int.&Gt.No.—1 st,6s gold
Coupon, 6s, 1909

125
116 4 1174
116
116

lstm.,consol., guar.,7s

Springfield

lOliio Cent.—1st, 6s,

't

994

IstS. Minn. Div.,6s,1910
t'.y.'.v
latm., H.& D., 7s, 1910 104
Ch.& Pac. Div., 6s, 1910
934
1st Chic.& P.\V.,5s,1921
189
Min’l Pt. Div., os, 1910.
<5.dk N.west.—S.f, 7s, 1885
Interest bonds, 7s, 1883
Consol, bonds, 7s, 1915.. t
Extension bonds, 7s, ’85
ib7‘*
1st mort., 7s, 1885

m

j1 2d
1911
consolidated, 7a,Div..
1st in.,

2d, consol., main line, 8s
115 4
2d, Waco & N„ 8s. 1915
100
97
Gen. mort., 6s, 1921
Ill.Cent.—Dub.& S. C., 1 st
Dub. & S. C., 2d Div., 7s tll5**
Ced. F. & Minn.—1st m.
119
Ind.Bl.& W.—1st, pref., 7s
tS9
1st mort., 3-4-5-os, 1909
80
2d mort., 3 4 5-6s, 1909. t
105
4:103

114
1034 105
106 4 106 4

Del.&H.C.—lstm.^8,1884
let mort., 7s, 1891

108

106 -2 107
109
108

Houston & Texas Cent.—
1st mort., 1. gr.. 7s
1st mort., West. Div., 7s
1st mort., Waco & N., 7s

12534 126 241

Reg., gold, 7s, 1902
Sinking fund, 6s, 1929..

Registered 6s, 1921....
Pac.—1st, 0s,g.,192(

N. O.

jNorf.&W.—G.l.m.,6s,1931

Consolidated 6s, 1911...

103 4 1032,
127

Coupon gold, 7s, 1902...

Pac.—G.l.gr.,lstcou.6:

N.

*96

13*6*' i*3*i** JOI110& Miss.—Consol, s. f. iis
I Consolidated 7s, 1898...

G. BayW. &St.
Gulf Col. & S. Fe—7s, 1909
Han. & St. Jos.—8s, conv.

1903.. 1*0*3**
5s,sinking fund, 1901..
Iowa Div.—8.F.,5s,1919
Iowa Div.—S.F.,4s, 1919 1264

0. R.I.& P.—6s,coup.,1917
Is, 1917, registered
Keo.& Des M.—1st, g..5s

......

P.—1st. 6s

115

1898..

Conaol mort., 7s,

......

tl064

1921.
jOregon&Cal.—1st,6s,1921

79
47

(188), 7s, ’98

Hiss.R.Br’ge—lst.s.f. 6s
C.B.&Q.—8p.c., 1st in..‘83

i 1074

110
102

1st, St. L. Div., 7s,1889
2d mort.,ext., 7s, ’93.

107 4
103
4 96 4

t

6s.

......

»

fluiking fund, 6s, 1903..
Joliet & Chicago—1st m.
La. & Mo.—1st m., guar. U07
2d mort., 7s, 1900
15
St. L. Jack.& Cli.—1st m
1st, guar. (564), 7s, '94

1*28*4

7s

W.St.L.tte P.— Continued—
Tol. & W.—1st, ext., 7s

77

60
114

1st, consol., fd. cp., 7s.
*96*4 i 1st m., Ter’l Tr., 6s, 1920
t
2d, consol., fd. cp., 5s.
1st Min’l Div.—6s, 1921
85
Buf. & S.W.— M.‘ 8,1908
96
{Ohio So.—1st M., 6s.
Ev. & T. H.—1st cons., 6s
115
*112
♦
Fl’t&P. Marq.-M.6s,1921
1024 104
! Panama—S.F. sub. Gs, 1897
104
Gal.Har.& S.Ant’o—1st,6s
109
Peoria Dec. & Ev.—1st, 6s
t
2d mort,, 7s, 1905 ...
Evans. Div., 1st, 6s, 1920
91 4
85

121

;103

N.Y.& New Eng.—1st,
1st m., 6s, 1905
Nevada Cent.—1st in.,

......

1120

1st,consol., gold, 7s,1920
t!15
Long Dock bonds,7s, ’93 f
ButtVN.Y.&E.—1st,1916 123
N.Y.L.E.&W.-New2d,6 t97

120

;100

754
75

Eliz.C.&N.—S.F.,deb.c.6s
1st mortgage, 6s, 1920..
Erie—1st mort.. extended.
98
2d mort., ext’d 5s, 1919t
3d mort., 7s, 1883
4th mort., ext’d, 5s, 1920
*52** 53*
5th mort.,ext., 7s, 1888.
99 ®8 9924

O.Rap.Ia.F.& N.—1st, 6s

Central Iowa—1st,
Char. Col. & Aug.—1st,
Oheasp. & O.-Pur.m’y

IN.

115

Divisional 5s, 1930

+

MISCELLANEOUS SECURITIES.
'116*

BONDS AND

-lat7s,1900

1st, consol.,
2d mort.,

Tenn.

lien..

8s.

Certificate, 2d mort., 8s.
LY.&G’nw’d L.—1st,7s,u
2d mort
2d mort., 8s
it. Joseph* Pac.—lat m.
2d mort
it. Jos. & West’n—Stock.

Stock

Western, N. C.—1st, 7s...
93
V'is.Cent.—1st series, new
82 *2
2d Meries, new
100

quotations made thii week.

84
20

112
111
110
113
101
107
108
116
8
120
112
87
25

*

102
103
80
125
108
85
26

116

i*14
115
105
110
111
120
45
12

92

10

15

118
120
70
100
72

123

45

50

80
107
79

THE CHRONICLE

226
New York Local

({notations m Boston, Philadelphia and Baltimore.

Securities.
Insurance Stock List.

Par.

Marked thus (*) are
not National.

Exchange

Am.

Ask.

Bid.

Ask.

wn.v

Butchers’ & Drov’rs’
ChfLHfi
Chatham
Ghpmiral

Citizens’

City
Cnmrrmrro
riont.inpntal

East River
Eleventh Ward*
Fifth
Fifth Avenue*
First
Fr>u rf.h
Fulton

Gallatin
German American*.
German Exchange*.

Germania*
Greenwich*

lol

125%

125

City
Clinton.
Columbia

.

Commercial

.

.

15L
123

150

•

•

«

•

.

•

•

•

Metropolis*
Metropolitan

•

People’s*
Phenix

Produce*

Republic

.

| Importers’ &
Irving

.

Knickerbocker

Lafayette (Br’klyn).

149

Lamar

•

...

....

167

....

•

...

•

•

.

•

.

.

•

123
100

! National

•

•

•

.

.

.

j New York Equitable
I New York Fire .. ..
New York A Boston.
New York City

104
.

•

•

•

.

•

•

Niagara

iso

North River
Pacific
Park
Peter Cooper

.

.

....

103% 110

People’s

....

....

....

....

....

....

•

.

....

....

....

.

.

•

•

•

.

Relief

Republic
Rutgers’
Standard
Star

....

.

....

Sterling

...

•

....

.

Phenix

•

....

.

.

18:5
155
120
210
65
120
ICO

75
145
106
90
6)
145
201

53
1< S

05

92
112
120
;85
100
125
800
70
130
155
85
L0
110
98
70
150
215
00
114
7ii
£n

•

#

T

•

n

Stuyvesant

•

Tradesmen’s
United States
Westchester

»

Williamsburg City..

....

105
00

110
05
135
lvO
i45
155
80
125
118
100
120
140
110
75
70
195
110
215
120
195
110

150
85
*-5
155
125
90
05

90
130
120
200

Railroad Stock* and Bond*.

■*W

Gas Companies.

Amount. Period

Par.

Brooklyn Gae Light Co....!
Citizens’Gas Co iBklyn)

25
20

bonds

2,000,000
1,200,000

1.C00

315,000

50
20
50
100
500
100

1 850 OOO

f

Jersey City & Hoboken
Mtnhattan
M etronolltaD
do
bonds

Mutual, N. \

*

756^006
4,000,000
2,500,000
1,000,000

scrip

People’s (Brooklyn)

,000 M.&N.
125,000 Var.
400,000 F.& A.
1,000,000 Quar.

50
50

1,000 LOOOiOOO A".& O.
100 1,000,000 M. & N.
100 3,000,000

bonds

Metropolitan, Brooklyn
Municipal
do
bonds
Fulton Municipal

•

-

750.000 M. &N.
1.50:'.0001

-

100

Ask.

Nov.. ‘81 HO
78

105
92

Ml

100

7
3

Feb

7

‘inly,’

5
8
8

Feb., *82 225
Feb., M2.102

1%

jan.,

3

Sept., ’81

1898

'82

1882

3% Nov. ’H!
4
Nov., ’81
3% Jan., ’76
7
0
3

1897
1900 &c

July, MO
'% Feb.. M2

0

114
61
no
94
170
230
165
K'9
07
105
00
90
121

53

2% Jan., ’82

S7r

Var.

Williamsburg

1900

105
95
104
55
94
119
25
105
00
00
60
101

29
107
95
70
05
104
03

2% Jan., ’82 00
5
Dec.. ’81 195
18SS

8

198

lit.)
75

110
80

[Quotations by H. L. Grant, Broker, 145 Broadway.]
Bleecker St. & Fnlt. Ferry—St’k
1st mortgage
Broadway & Seventh av.—St’k
1st mortgage

Brooklyn City—Stock
1st mortgage

Broadway (Brooklyn;—Stock ..
Brooklyn Crosstown.—St’k
1st mortgage bonds
Bushwick Av. (B’klyn)—Stock.
Central Pk. N. & E. niv.—Stock
..

100

900,000
1,000
094,000
100 2,100,000
1,000 1,500,000
10 2,000,000
1,000
300,000
100
200,000
100

400.000

100
100

1,300,000

1,200,000
100
050,000
Clirigtopher & Tentli St.—Stock
Bonds
1,000
250,000
100
1,200,000
Dry Dock E.B.& Butt.’ry—Stock
1st mortgage, consolidated .. 500 &c
900,000
100

Eighth Avenue—Stock
Ferry—St’k

Central Cross Town—Stock
1st mortgage
Houst.West St.& Pav.F’y—St’k
1st mortgage
Second Avenue—Stock
3d mortgage
Consol, convertible
Extension
Sixth Avenue—Stock
1st mortgage
Third Avenue—Stock
l£t mortgage
Twenty-third Mieet—Stock. ..
....

Q-J.
J.&D.

Q-F.
M.&N.
Q-J

Q.-J.

1,000
1,000
100

Q-F.
J.&D.

Q-J.

.

_

••

•

•

•••

•

....

...

....

...»

•

preferred

Cheshire

Chic. & W. Michigan
Cin. Sanduaky A Clev

.i.

J. & J.
A. & Q.

M.&N.
M.& S.

M.&N.
500,000 J.&J.

100

2,000,000 Q-F.
2,000,000 J.&J.
000,000 IF.&A.

1.000

250,00c IM.& N.

1,000

oa

’81 104
3% Feb., M2 203
/
1(*2
3
Jan., M2 170
1882
150
2
102
7
1888
’S>
120
Jan.,
2%
JjU). , M2 133
2
Dec.l 902 118
7
2% Fob.: ’82 95
UK)
7
4
Feb., '82 230
7
■June, ’93 115
3
Jan., M2 2i 0
7
.Jan.. ’8: 10J
0
Nov., Ml 200
7
Apr., ’93 110
7

June
,

_

,

.

.

67
105

7

Nov.1904

7
4
7
7

July.
Jan.,
Apr
Nov.,
Sept.
Oct.,

’94
82
’85
MS
’SO
Ml

■i

’M0 1 10

•

500,000 j. a

1,190,500
150,000
1,050,000
200,000
750,000

ban!!

7
5
7
5
7
4
7

.

.

.

,

uiy.

iFe

>.

.

.

.

115
155
100
215
110
180
170
105
125

145
IvO
102
no

2

*24

tip

no
115
72

105

168
■

Mar.

pref.. x

Nansua* Lowell
New York A New

51

Northern
Norwich A

Worcester

Old Colony............
•
113K
Portland Saco A Portsmouth

Palace Car
Rutland, preferred.
Pullman
Kevere

..

,

H3
H 8

110
270
11 j

M2 200

Vi

110

Phila. Wllm.& Balt.6s,’84....
Pltts.Cin.&St. L. 7s, cou.,
do
do
7s, reg., 19iHM
ITch.& Danv.con3.int.0s,19l5
lid
Shamokm V.& Pottav.7s, 1901
95
Sunb. Haz. A W..let m.,5s,’23.
c0
do
2d m. 6s. .913.'.

lSOO;1*20

A Massachusetts..
Worcester* Nashua
Wlscon-ln Central

120

23

x

Beach A Lynn

■

30

Ogdensb.* L. Champlain ...
do
pref..

'-yra.Gen.& CornV,1st,is,1905,••••
g.,1905 1Ub

Texas <fe tac. 1st m.,6s,

pref

do 6s,n., rg., prior
do 48, various

no

5

14%

d

STorth

155
115

stocks, hut the date of maturity bonds.

I 02m

0u%.
15

28%

00%!

| 17

|

2s%

K.it. Com

1 84

186%

37

25

Atlantic

CANAL STOCKS.

Jehtgh Navigation.,
Pennsylvania

ICO
5
do
prtf... 12
RAILROAD BONDS,

Schuylkill Navigation
lllegheny

6%

1

13

Vai..7 3-106.1895... 120
'

-

.

.

do
*

3<1

tr». enr.

In default.

7r, ip7u.. 105
t Per share.

103%

1890,Q.—M. 1’4%
122
6a,exempt,’93.M.&S, 128
08, 1900, Q — J
129
Ga.1902, J.& J
121% 122%
1*7

100

Balt.& Ohio...,<
co

do
do
do

Par.

lstprtf ....
2d pref
Wash. Branch. 100
Parkersb’g Br..50,

50’

Western Maryland..'
'.50
(’entral Ohio, common
50
Pittsbu g & Counellsville...
RAILROAD BONDS.
Balt. A Ohio 6s, 1385,A.&C. ..
N. W. Va. 3d in.,guar.,’85,J&J

195
123
120

'sh
14%

200
127
10
51
17
47

109

Pittab.* Connell8v.78,’98,J*J 121% i Vi
Northern Central 6s, ’85, J&J 105% 106%
119
6s. 1900. A.AO.
do
115
do 6a, gld, 1900, J.&J.
111
Uen. Ohio 6a, l6tm.,’90,M.&S. 109%
W. Md. 6s,1st m.,gr.,’90,J.&J
do
1st m., 1890, J. & J...
2d m.,guar., J.&J... 120 I ...
do
105% 1 6%
do
113
do 2d m.,gr.by
do 6s. 3d m.. guar., J.& J.
Mai*. & Cin. 7a, ’92, F. & A ... 125
104% 105%
do
2d, M. & N
56%
do
8s, 3d, J.&J
y

121
7s, E. ext., 1910 no
Inc. 7a, end..’91
54
55%
123
Selvidere Dela. 1st m.,6s,1902. 120
do
2dm. 6s. *83.. 100
do
2d in. 6a, M?.. 103
Camden * Amec•• ts,vOUp,’;3 100 103
108
do
$
ts, e •»
'
1, 13% li4
do
mort. 6s.’89
Cam. A Atl. let in. 7s. g.,l*93 118 i
do
do

108
93

6a, 1893, M.& S

Northern Central...

p:ef.,

91%
91

6s, park,

do
do
5s, 19i6, now
Norfolk water, 8a
RAILROAD 8TOCKS.

04

....

do

89

.

__

com....

.

115

do
do

pref

>

Jersey

iVeirt Jersey &

do
do

57*

Tuited N. J. Companies
iVest Chester coueol. pref....
Wept

1886

68, exempt, 1887
do
6s, 1890, quarterlydo
5s, quarterly
101%
Baltimore 6s, 1SS4, quarterly.
107%
do
6s, 1886, J.& J
116% 117
do
6e, 1890, quarterly...

no

Pennsylvania

do

cons.

ao

57%

62

Pan! A Duluth

cp.,’96.

lid
118

BALTIMORE.

{

r’eu-neyl vanla
■’hiladelphla A Erie
’niladelphia & Reading
Philadelphia A TrentOD
phUa.Wilming. A Baltimore
3itt-b. Cin. & St. LoiFe, com.
it.

iio

Maryland 6s, defense, J.& J...

26%;

Slesquehonlng Valley
do

deb,,coup.,’88

1st m. 6s,
1st in. 7b,

101

120
...

1885..
Pennsylvania 6s,coup., 1910..
SchuyTk. Nav.lst m.6B.rg.,’97.
‘2d m. 6s, reg., 1907
do

10
54
do
pref.....
53% 54%
do
new pref
13u
125
lelaware A Bound Brook....
55 j 00
£aet Pennsylvania..
40 |
Slmlra * Williamsport...._..
'
do
do
pref.. 58
73
iar. P. Mt. Joy A Lancaster.

Morristown
s'orfo.k A Western.

97

ibb

Morris, boat loan, reg.,

jalawlssa—

Schuylkill

m.,6a,g.,1905
gr.,7s 1915

CANAL BONDS.
Ches. A Del.. 1st m., 6e,

35
40

Atlantic.....
do
pref

Juntlngdon A Broad Top...
do
do pref.
Lehigh Valley...

cons.

■107

105%
Lehigh Navlga. m.,Ka, reg.,’84
do
mort. RR., rg .’97
116%
\‘m
15%
do cons. m.7s, rg.,191!

pref.

do

Jarnden*

122
120

’99...... 112%
6s, 1909 —
U2
W. Jersey* Ati.lstm.Ss, cp.
Western Penn. RR. 6s,cp.’9J.
108
do
Gs P. B.,’96.

132

Allegheny Valley..
iuffalo Pitts. & Western....

lnc.& 1.

do
do
do

to 9n

STOCKS.J

RAILROAD

ao

West Jersey 6s,

.,1912

Tall»delpnla,5B reg

R o Grande D;v..

.Warren & F. lBt m.7a,’96
I West Cheater cons. 7e,’9l.

’.9 3

3%-,ie

_

75

[ITnltedN. J. cons.m.6s,’94..

1894-1904

4b. reg.,

i o

do
do

,!Gnion«fe Titusv. 1st m. 7s, ’9C.

68,15-25, reg.,1382-’92.
4s, reg.,

125%

Sunbury A Erie 1st m.7a, ’97.

135

STATE AND CITY BONDS.
Penna. 5e, g’d, lnt.,ree. or cp.
5s, reg., IS82-18J2. .... 110
do
do
5a, new, reg.,1892-1902
do
68,10-15, reg.,lvn-’82. ibb

do
<10
do

»5

no conv. 7s, R. C., is93*‘
do
7a, coup, oil,’93
Phll.&R.Coal&lr’n del).<8.92*
do
deh. 7s, cps.otl 64
do mort., 7a, 1892-3

)

England...
of N. Hampshire...

05
115

—

j

Hough. A Oct
Hoagh. & U..t..

Mar.

no
! 10
151

145
200

j HA

’4%
Connctton Valley.
83% 35
--•••••
Eastern (Masa.)
Eastern (New Hampshire)...
135
Fitchburg
—
22
23
Flint &Pere Marq
93
do
pref
120
Fort Scott & Gulf, pref..
do
common.
80
83
Iowa Falla & Sioux CLy
57
Lltue Rock & Fort Smith .'..
Manchester A Lawrence....,

....

00
105
145

July, ’9<* l 0
iFeb 'i2 15)
I Miiv.

&7%

Phi!. Wilm.& Ba t.,4a,Tr.certeI
Phila. A Erie 2d hi. 7s,cp.,’33
/do
cons.mort.6s.i920 •••
po
do
5s,’920i •••
Phila. Newt’n A N.Y.. let in.!**
Phil.& R. 1st rn.6s.ex.due 1910,!7
do
1910 • • • •
do
‘2d m., 7s, cp..93.i107
do
cons. m..7s,cp., 1911! • •••
do
do cons.m.63,g.iRC19ll
do lmp.m.,63,g„ C. 13^7
do gen. m. 6j, g.. C.lr06
05
do In. m.,78,coup.,'396.
do dil). coup., 1>93*
60
co
do
cnip. oil, 1893.
8L
do scrip, 1832.

'

Concord...
Connecticut River.
Conn. & Pas a ii in pale

Mttle

M2 24
•J ’ly.lOOc 113
7
2% Jan., ’•2 150

H

T

250,000

1,000
100

J.&J.

.

1,000
100
500
100

Q-J.1. & D.
F.& A

203,000 J A J
748,000 M.&N.
236,000 A. & O.
000,000
200,00.1 M.&N.

100
1.000
100

ThU co’.u nn shows last dividend




1,000,000

1,000

1st mortgage

J. & J.
•J. & J.

300,000 J. <v J
500,000 J. & J.

1,000
1,000

Consolidated inert, bonds

_lst mortgage

...

Lehigh Valley, lst,6s,cp.. 1898 1*2%
do
do reg., 1S9S...
123%
do 2d m. 7s, reg., 1910.. \3i
do
con. m.,6s,rg.,1923
m
do
do
123
6s, cp], 19e3
Little Schuylkill, let in. 7s,M2
85
‘89
115
115H N. O. Pac., 1st m., 6e, 10*20
San. City. St. Jo.&C. B. 9. .
North. Penn. 1st m. 6a, cp.,’85. 105
Little Li’k & Ft. Smith,7s,1st iiom;iu
2d
m.
do
<5 j 70
7s, cp., ’96.
Mexican Ceutral, 7e
do
gen. m. 7s, cp., 1903.
|108%
New i ork & New Eng. 6s—
do gen. ui. 7s, reg., 1903
129%
co
7s
|U6%
105 !..
<1o new loan ta.reg..
New Mexico & So. Pac. 7s...
102%
No:f'k.feWe't.,gen. m.,6s.lr31
402%
Ogdensburg & Lake Gh.6'....
Oil Creek let m. 7a, coup.,’82. 10a% 102
Inc.
do
04
Pltteb. Tltuav. A B.,7s,cp.,’96
Old Colony,7s
....
do
Scrip
Old Colony, 6a
124
!Pa.&N.Y.C.& RR.7a,1896....
115
Pueblo A Ark. Valley, 78
124
do
1906
100%
Rutland 6s, 1st mort
123)6
!Pennaylv.,gen. m. 6s, cp..l9i0
Vermont,* Maas. KR.,6s....
do
gen. in. 6s, rg., 1910. 123)*
Vermont & Canada, new 8a..
do
cone. m. 6s, rg., 1905. ll?%
STOCKS.
do
cons. m. 6b. cp., 1905. 116)6 120
S3?4 84
Atchison & Topeka
do
do
53
106%
! 07
1105
Boston* Albany
Penn. Co 6a. reg
1(j0%
Boston & Lowell
do
do
4%s
...I — ‘98
iVb
Boston & Maine
o
do
co ip., 1910! —
1G6
100%
Boston & Providence
iPerklomen l8tm.6s,coup.,’8i ••
103%
.58

nlnehlll

42d St. & Grand St.
1st mortgage

116%

_

103
80

PHILADELPHIA.

Bid.

*

5

1,000,000 J. A J.

1,000

Bonds
Bonds
Central of New York

Var.
Var.
A. & <).
F.& A
J.& J.
I. & J.
\t.& S
F.& A

1,000.000 F.& A.
1,000,000 Var
700,000 M.&N.
4,000,000 M.&N.

25
Va-.
100
10

Date.

8

5j)00.000 Quar.

1,000

bonds

Nassau, Brooklyn

do

Ex

82
Nebr.4s..... —
Chicago Burl.& Quincy 4?... 83%
o< n. A Pa^sunrutste., 7a, 1S9J.
80
Ccnnctt.'u Val.ey. 7s
108
lantern, Mass., 4%s, new. ...
Fitchburg UR., 6s
7s
do
110
Fort Scott & Gulf 7s
54%, 55
Hartford & Erie 7e
104%
K. Cltv I.awrence & So. 4s...

co

[Gas Quotations oy ueorge H. Prentiss, Broker, l? Avm Street. 1

do
New York

i

..

Mohr. 6s
Nebr. 6s

dn
do

..

125%
East Penn. 13t mort. 7s, ’38
E1.& W’msport, 1st m.,79,’80. 115
do
5b, perp
100
Easton A Amboy, 53
Harrisburg 1st mort. e8f
102% 103%
H. & B. T. let m. 7a, gold. ’90.
to
cons. m. 5a, 1395....
88
89
lthaca& Athens let g d, ?s.,’S0
Junction let mort. 6a, ’8*2
do
2d mort. 68,1900

doeton & Providence 7s
Juri. A Mo., land grant 7s....
-lo

chat, in., 10s,’85
7a 1900

new

Connecting 6s, 1900-1904
Chart.lers Val., 1stm.7s.C.,1901
Delaware mort..6s, various..
Del. A Bound Br., 1st, 78.1905

23

7s
Albauy 7s
6a
do
ioeton A Lowell 7s
6s
d '

Vermont

Gan and City

do

21

income..

.iosion &

125

120
95
140 145
70
117
113
155
37% no
130
35
100
100
67
100
00
100
lc0
50
105
25
25
120
LOO
185
20
110
50
147
50
50
7u
75
100
140
25
50
115
100
75
100
55
25
120
25
125
25
115
10
50
25)

Montauk (Brooklyn)
1 Nassau (Brooklyn)..

•

.

....

(B’klynl

Mechanics’ (B’klyn).
Mercantile

....

143
.

95
230
22)
85
100
117
87
105
115

50
25
100
100
25
50
50
50
50
50

Loriliard
Manufac'rs’& Build.
Manhattan
Mech. & Traders’...

133

....

•

do
do

—

3cston & Maine

155
110
220
*00
2 JO
100
125
150
60
1' 3
240
240
93

cn

Lone Island

«

.

i-2<>

•..

•

—

Catawisaa 1st,7s, conv.,’82...

115

,

•

•

(Bkn.)

Kings County

i45

IAS
i<Jl

Tr’d'rs

Jefferson

-•••

100
100
100
100
100
40
50
100
100

Second
Shoe and Leather.
8ixth
State of New York..
Third
Tradesmen’s
Union
United States
West Side*

Howard

...

...

100
ion

St. Nicholas
Seventh Ward

j! Home

•

.

100

’PO
100
100
100
100
loo
70
30
25
50
100
25
20
50
100

North America*
North River*
Oriental*
Pacific*
Park

Hamilton
Hanover
Hoffman

....

....

Ninth

•

•

.

Mount Morris*
Nassau*
New York
New York County...
N. Y. Nat’l Exch’ge.

•

.

130

yr>
100
50
50
100
100

Mercantile

•

•

....

....

50

Merchants’
Merchants’ Exch’ge

Greenwich
Guardian

,,,

•

.

•

.

100

ply

Gernmn-American..
Globe

lc3

1230

Mechanics’..
Mechanics’ Assoc n.
Mechanics’ & Tr’drs’

Firemen’s
Firemen’s Trust
Franklin* Kmp....

•

....

f.O

100
25

•

125

Imp. and Traders’...

Marine
Market

Eagle
Empire City
EvnliRngp
Fnrragut

«

•

•

100
50

100

25
17
20
70
100
30
50
100
40
100
30
50
17
10
100
100
50
50
25
100
15
50
50
100
50
50
100
30
20
40
50
100

Citizens’

!33

Leather Manul’trs’.
Manhattan*

25

Brooklyn

•

•

•

100

Island City*

100

Bowery
Broadway

170
125

145
10)
200
175
19 J
! 50
!20
140

50

American
American Exchange

225

Dannvpr

do
Harlem

land me. 3s..
Atlantic & Paclil *, 6s
-o

AsK

103%

..

ito

i

LOU
100
100
25
25
100
100
25
100
25
100
100
100
100
25
25
100
100
100
100
30
50
75
100
100
25

SECURITIES.

Cam. & At
tons., 6 p. c
Cam. & Burlington Co. 6s,Yj.

landgranl7fc 111

do

Par.

Companies.

Bid)

-4s?c.

BOSTON.
uch. & Topeka 1st m.7s—

Price.

PRICE.

Companies.

Brnad

Street.]

No. 7 Pine

Bid

SECURITIES.

[Quotations by E. S. Bailey, Broker,

Hank Stock Ust.

fVoL. XXXIV

I..

W.Co.J&jjUO

RR. 1st, guar., J. & J..
o mon endorsed.
Consolidated Gas
Union
do

Tko

honrlq

25,

February

1882.1

railroad earnings and the
date given below. The
earnings of all railroads from
columns under the head¬
date” furnish the gross earnings from
period mentioned in the
375,879

$>8,503
222,029

40,756

43.689

$60,575

$53,508
25,215
10,052

$00,575
Bur.C,Ran.*No..2d wk Feb. 00,516
8.743
Cairo* St.Louis.lstwk Feb
8,305
Cent.Br.Un. Pac.2(l wk Feb.
14,317 1.602,907
162.540
Central Pacific... January... 1 ,S7G,000
210,455
116,531
Ches. & Ohio
January... 210.455
147,496
29,271

1,876,000

23,965
206,035
205,701
340,220

185,939

147,789

2,499,000
2,371,455

1,530,949
1,6 / 5,468
340,220

South era. January...

wk Feb.
wk Feb.
Chic.* G.Trk.Wk. end. Feb. 11
Chic.Mil.* St. P.3d wk Feb.
Chic. & Northw..2d wk Feb.
Chic. St.L.* N.O.January:..
Chi.St.P.MinAO.,3d wk Feb.
Cm. Ham. & Day. Jan nary...
Cin.Ind.St. L.&C.2d wk Feb.
Cincinnati 8out,h. 15dysFeb.
Clev.Akron ACol.lst wk Feb
Col.Hock.V.A T..2d wk Feb.
Denver & Rio Or 3d wk Feb.
DesM.AFt.Dodge.lst wk Fob
Det. Laus. & No„.4th wk Jan
DubuaueAS.City.2d wk Feb.
Eastern
January...
EastTenn.V. *0.3 wks Jan.
Flint* Pere Mar.4th wk Jan
Gr’t Western. Wk.end Feb. 10
Hannibal*St. Jo.2d wk Feb.
& Alton .2d
Fast. Ill..2d

Chicago
Chic. *

32,708
37,353
340,000

373,719
272,600

69,109
6,261

95,384
8,469

Louisv. *

Memp.
Memp.

*

N. Fugl’d. 1st wk Feb
Norfolk A West.. .January...

N. Y. &

Northern Pacilie
Ohio Central
Ohio Southern

.2d wk Feb.

Marine

210,013

2L5.839

Danbury *

262.788

87.307

60.169
77.320

1,434,029

54,136
27,937

72,511

158,590

167,172

15.934
114.533

18,397
59,859

167,997

67,465

156,904
52,287

178.143
49.038

150,994
267,911
153,847

178,143
233.737
164.917

Loans

355,908
51,537

Specie
Legal tenders

387,600

9,229

107,263
46,391
392,500
38,667

134.581
13,840

25,440
15,538

147,397
96.310

140.197
34.399

383,031

55,900

711,644
51.435

106,113

117,2L4

766.205

177,625

$15,190
51.315

$15,984

37,906

are as

3,740,998

3,748.655

433,681

446,705

1,278.720 76

1,162,903
Total....

Coin.

$

034.608 58

.Holiday

...

092,361 29

*11

1,417,061 63

891,263 75

6,170,018 93

4.236,268 45

$4 34

Sovereigns

Nanoleons
3
XX Reiehmarks. 4
X Guilders
3

Spau’h Doubloons. 15
Mex. Doubloons.. 1 3
1
Fine silver bars
Fine gold bars....
Dimes* i«jdimes. —
..

3 87
83
4 78
74
96 a> 3 07
65 "aj\b 00
53 2)15 65
I-Pb n> 1 1478
14 /D^ prom.
a)
'co

334$

147.000

124.200

1,417,600

267.300

3,900
450,000
448.000

450,000

8.069.300

4,600
8.313.000
703.200
0,062,300
1.975.200
45.066
4.042.000
22,301.300 1,104,000
45,000
21.305.50C
1,012.500,

1,080,700 K

224,900

1,000,300
17,277.800
8,102.000
4,018.000
6.488.500
10.442.500

810,000
1.252,000
225,000
591.100
430,000

5.945.590
1.150,800

40I.2OO1

99,000

209.966
225.000

1,026,000
1,8 R,600
2.498.200

181.000

489.800
04.2'tO

180,000

91,8*66

5 872 301

I>6,8')0
161.200
145.500
157.000;
85.000

46.400

2.250,000

2,087,8 0
1,041.890
1,587.100

450.0’JC

4,-10,200

);»(59,479.000118.005,00.)(305,887,100l 19.975,00 0
of previous

as follows :
week are...Dec.
$i,704,200

deposits
Circulation..
Net

the totals for a

34,900

...Inc.

L. Tenders.

series of weeks
past:
Circulation. Agg. Clear

.

$

*•

«

Philadelphia banks

Deposits.

Circulation. Agg. Clear

Loans.

L. Tenders.

$

$
19,95/.155
21.500.770
20,711,149

13
20

Am. Cable

Constr. Co. *25 hi

Co. '
st’k 2 J8
old
1)3

Am. Railway Imp.
Bust. H. * F.. new

DO

Brush lliumin’g Co

eabs.

4.593.527 26

Do

stock

4,543,109 63

Do

bonds

83,070.6io

*4,485,635 15

19

unl’d cons
Orleans
Edison Electric L. Co.325
Grand Ra;>id.s & Ind
Hud.Riv. Contract Co
Intern at. Imp. Co. ex-

Den.* R.G.
Dear. * N.

coins:

| Silver tjs and *33. — 99^®
i Five francs
— 93
a)
Mexican dollars.. — 39 d)

uncommerc’l. —
English silver .4
Priis. silv. thalers. —
U. S. trade dollars —
U. 3. silver dollars—
Do

S7 d
75 d
68 d

90
9J78<2

par

statement shows the
York City for the
business on Feb. 18.

Steamboat stock. 43
Do
1st mort. bds 81
Ind. Dec. * Sp. com...
6

is..Gs,iuud. 102
* Neb. 1st mort. 75

Do

n.

Kan.
Do

20
2d mort
Mid.RIt. of N.J. stock. 18

bonds
10
bonds..'..
43
Mex. Nat. bonds
Do
Do

Do

A
1>

Do

24

72*2
98

13
....

....

bds..

Do

400
.

.

100 is

Do
Do
Do

*-y

l
....

86
28

25
15
9

50

Do
St. Jo. * West.stock..
St. Jo. * Pacific 1st M
Do
2d M

Tex.St .L.RR.sb.,30 pd
Texas * Col. Inin
U. S. Electric Light Co.
Va.

10 L

*

income

Premium.

bonds

83

86
ye

....

62

Jt

.

....

_

1
3

....

S
....

O

4
3

Lt

17S

1
4

10*8
89

2J
....

....

....

.

....

.

92

S3

105

...

4

coin.st’k

Midland stock
Do

....

....

1st mort...
2d M. stamp
2d M..clean
incomes....

Vieksb. Mer’n

3)i4
831$

x....

50 per cent paid ....
Rich.* Dan.Ter.r’rs,o.
Do extern stock
R00I1.A Pitts.RR.subs.
Seim x Rome * D.stock

86

....

....

25

Pitts. * Western

50-2

87
62
100

99

Rie.AAl.* O.Cen.subs.

bds. 67

stock.. 16
Scranton Cons
North River Const. Co.lOOhi

stock

Line subs.
Oreg.Traus-Cou.pt. pd
Pens. * Atlantic stock

Do

N.Y. *

13t

1**8

Oreg. Short

21
87

stock

Mutual Uu’11 Tel.

84

....

....

.

73

....

Iron

13^8

1278

cum..

91q
N.Y. S.A W. coni, st’ek
Ocean Nav. * Pier Co.
Oregon Imp. Co. 1st ex 868)

20
.

Continental Constr.Co. 74
Central Railway Constru -.t'n Co.vD. LAV.) r15
Dtr. *1Lt G..W. sub.cx. 79

-

30
29

*20

inef.. 26h>

Do 1st. ex J’e,’82,cp
N. J. S nithern

1^8
-

St. L. subs.

I).>
Do

2q
-

$
70.430.214
71,841,2)0

N. Y. Cii. *

30
140

-

Butt'.X.Y.APhila subs. *....

82,271,522 57
82,812,594 63

4,651,602 94

Banks.—The totals of the

70,008,917

4.605,974 80

93
83,427,111 02

other banks.”

“ due to

$ '
$
57.095.228
11,070.089
70,809.283
10.988,835 47.792,9U
77,505,803
71,957.712 10.978.94L 52.058,121
Unlisted Stocks and Bonds.—The following are the prices
of securities that are not
listed” at the Stock Exchange as
quoted at 33 New Street:
Bid. Asked.
Bid. Asked.

1882
Feb. 6

82,009,001 82

New York City Banks.—The following
condition of the Associated Banks of New
week ending at the commencement of




194.400
416.200

963.700

Specie.

follows:

Ci:i AGeorg’a

Currency.

quotations in gold for various

-©Si 87

152,000

4.420.800

1.963.500
1,510,900
1.446.800

interest

Coins.—The following are

2,333.000
1.073.900

300,600
39.700

$743,800
Dec. 3,750,500
Dec.
419,500

Philadelphia

$

$

Balances.

1,376,625 00

99.700
101.100
131,000

314,200

Inc.

Including the item

*

.

1830.

Sub-Treasury.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the s^me, tor rack. (lay of the past week:

729,912 71
864,625 37
758,075 33

2,006,700

231.’. 00

“

U. S.

$

107.800

203,000

45,000
5,400

“

*

Payments.

700.200
427,000

503,000
235.900

3.508.400
1.040.100
2.509.900
8.287.700
3.204.500
10.743,000
2.371.700

1.009,500

1,417.3-X)

799,400

1,122.360

310.900
108.300
99.700

5,058,500

892.800

2.089,900
2.882,800

167.100

5,683,600 1.042,000
170.2UO
1,477,100
246.000
1.782.700
14.900
1.676.200
2.857.200

032.966

-

112,832
2,919,051
1,897,529

R..November.

Receipts.

15,010,900

45,000

002,000 l0.119.000
9,068.500
301.200
4,051,400
126,000
0.181.400
501.100

"

40.232

34,928

8.390.000
3,509.000
0,3:3.10C

from returns

1882
$
Jan. 21....321,071,800
28... .322.960,500
Feb. 4....328,852,000

45,944

46,152

17.799.90C

2,000
402,000
31,000

893.800

70,200
170.9OC
19.500
100.400
116.700
706.400
3.755.900
751.000 1.201.000
310.000
021,600.
399,10i>
1.198.700
421,300
3,707,80)

2.153.400

750,000
300,000
100,000
209,000
200,000
500,000

Loans.

a

1881.

1890.

3.254.500

114.000

Deposits.
*
*
$
$
20,091,500 935,819,567
58,317
03,764,103 18,909,350 311,990,103 20,040,803 997.3i2.340
68,355,600 19,773,000 810,109,403 20,0 89,200 1055,121,113
1 5t)j4:0
00,019.930 18,843,409 310,325,930 19,9 40.10!) 773.372.108
102,947
11....327.913,500 03.229.500 18.481.500 310.051,300 19.975.000 880.972.800
18....328,059,330 59,179,000 18,005,000 3)5.837.100
293.290
Boston Banks.—The following are the totals of the Boston
376,001
31.198 banks for a series of weeks past :
106,113
L Tenders. Deposits* Circulation. Ago. Clear.
Loans.
Specie. L.
$
$
*
*
*
$
1892.
63,681
7,343,200 4,677,300 95,551,000 31.2)7,500 63.097 721
Feb. 0.. 152,203,900
153.210,300
7,28),000 4,373,000
99,409,400 31,350.500 00.849 431
13..
2,106.004
152,983.500 6,501,000
4,168,400 94,159,500 31,287,400 69,807,0:0
20..
1,214,528

Jan. 1 to date.

1881.

74.900
170.300

709.500

2.388.000'

126,000

965,000
5.534.000
4.102.700
227,000

1.010,700

300,000
250,000
200,000

and discounts

247,900

102.200
146.500

1.499.300
1,102,000
904,200
2.823.200

33.500

1.101.800

791.0M

1,493.’00

.1,257,500
13.882,700

03,500

399,000
1.2t5,90U

6.744.400
2,078.800
3.288.000
20.312.800
17.530.800

1.100
207,000

5.977.900
3.028.000
8.C 38,900

“

5,232
64,989
5,801

3,067.000
4.407.700

3.708,000

731,700

311.900
082,000

2.120.100

300,000

3.405.300

394.100

2.937.800

1,000,000

The following are

42,402

100,211
1,503.075

7,974
........

750,000
500,000

The deviations

134,581

2,912.000

61.102,700!328,059,3

Total
224.346

19,700

8.367.500
3,304,000
14.013.000
2.175.500

300,000

Germania
U. S. Nat.

161,433

73,500

3,200,000
2,000,000

Chase National..
Fifth Avenue....
Gorman Exch. ..

224,346

153,847

500,000
240,000
250,000

Bowery National
N. York County..
Germ’n Americ’n

161,433

164,917

1,500,000
2,000,000

Ninth National..
First National..
Third National ..
N. Y. Nat. Exch..

74.746
72,844

300.000
400,000

Ass’n

North River
East River
Fourth National.
Central Nat
Second Nation’l.

19,328

142,261
156.514
1.190,360
54,136

47,05*2
42,041
C October...
188,216 163,837
156,346
Maine Central.. < November. 174,544
t December. 150,871 143,153
35,061
N. Hav. * Derby.Last 3 mos
43,320
Including Indianapolis Decatur & Springfield.

Louisa. &Mo.

296,400

8,294
13,384

78,774
17,703
957,963
334,935

(December.
Houst. & Texas C. December

Park
Mech. Bkg.

18,286
580.730
147.443

5.947

117,214

(October...
Eur.&No. Amer. < November.

Importers’ & Tr..

9,043
511,453

87,819
183,695
177,275

500,000
1,000,000
1,000,000

i

Oriental

53.300
66.169
24,402
18,222
28.717
174,300

16.400

Norw.December.

198,583

1.409.800
2.554.00C

500,(K>0|

3t. Nicholas
Shoe A Leather..
Corn Exchange..

135,379
534,762

119,828
33,579

600,000
1,000,000
500,000

Nassau
Market

77,882
98,337

1

3,000.000

....

Citizens’

166,037
547,574

Istwk Feb
6,680
2d wk Feb. 392,500
Oreg’n R. Nav.Co. January...
8,812
Pad. *Elizabetht.4th wk Jau
13,896
Peoria Dee. * Fv.‘2d wk Feb.
Phlla. * Reading. January... 1,503,075
8t.L.Alt.*T.H. ..2d wk Feb.
22.132
Do
(brchs).2d wk Feb.
16,770
St. L. Iron Mt.* S.2d wk Feb. 135,895
62,680
St.L. *San Fran.2d wk Feb.
8t.P.Miim.*Man.3d wk Feb.
85,700
Scioto Valley
2d wk Feb.
8,712
South Carolina. ..January...
Texas & Paeitic.. 2d wk Feb.
Tol. Delp. & Burl. 2d wk Feb.
Union Pacific
15 dys Feb.
Wab. St.L. * Pac.2d wk Feb.

500,000

Metropolitan

Continental

30,094
92,016
113,914

Nashv.Ch. & St.L. January...

33.730
278,872
530,937
29,503

177.580

511.453

700,000
1,000,000

Hanover
Irving

12.0S6
198,533
177,580
40,119
93,526
30,719
9,043

243,832
72.511
28.134
4.243
15.010

January...

Mobile & Ohio

People’s
North America..

29,336

27,516
26,821
29,853

wk Jan
Mrl.L. Sh.A West.3d wk Feb.
Minn. & St. Louis. 2d wk Feb.
Mo. Kans. * Tex.2d wk Feb.
Missouri Paciiic .2d wk Feb.

192,660

3.358.00G

450,000
200,000

445,000

8.275.000

430,000
99,100
536,000
52.000
890,009
06,800
145.600
420.600
313.200
202,100

677.500
2,979.000
2.434.000
991.700
1,024,000
450,000
342.900
690.700
133,000
230,000
1,045,700
004,800
2,047,000
405.800
100.800

2.439.200
5.375.0OC

1,500,000

Republic

146,995
221,000
167,642

87,307

Chari...2d wk Feb.

Pacific

Chatham

108,207

18,286

Pad. & No.4i b

1,000,000
422,700

Mercantile

24,600

41.166

Louisv.N.A.* CU.January.-..

1,000,000

Broadway

$

929.200

142.500

924.900

3.546,(500
12,215.000
13.965,590
6,022,400
6.415.700

5,000,000
5,000,000

Commerce

39.447

221,000
167.642
52.275
90,727

.2d wk Feb.
Nashv.2d wk Feb.

Greenwich..
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch .

tion.

11,128.000
5.481.200
0,253,000

317.800

611, t00
81S,i 00
1,073.000
8,v<32.000
099,600
4.796.7 00
810.300
8.938.700
7o0,u00
3,315.000
0,823,990! 3,192.800
312.300
2.804,100'
269.100
1.671.500
11,077,200 2,910.200
510.700
4.233.500
302.800
4.422.100
o’ 0.500
1.617.900
178,000
1.079,000
18.400
994,000
432.500
3,041,900

300,000
200,000
200,000
600,000
300,000
800,000

Net dept's CircuLaP

other
than U. S.

*
4 (2,000

2,432,(00

7.117.500

1,000,000
1,000,000

Merch’nts’ Exch.
Gallatin Nation’l
Butchers’* Drov.
Mechanics’ * Tr.

268,681

39,792

4,530

6,969

Chemical

Teniers.

7.241.700

600,000
300,000

Fulton

376,729

40,491
299,227
792.544

39,045
72,108

42,545
101.216

Island

Tradesmen’s....

133,998

301,296

42,878

51,701

Houst.F.&W.Tex. January... 580.730
IllinoisCen. (Ill.).January... 147,143
Do
(Iowa). January...
46.467
♦Indiana Bl. & W.2d wk Feb.
53.052

-Long

272,600
542,351
208,376

192,660

208,376

North..2d wk Feb.
Iowa Central
January...
K. C. Ft. S.&Gulf.od wk Jan.
Lake Erie & West.2d wk Feb.

Union

America
Phoenix
City

162.540

217.035

39,649

78.435

int.& Gt.

Mechanics’

I

Legal

Specie.

11,040.000

2,000,000
2,050,000
2,000,000
2,000,000
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000

New York
Manhattan Co.
Merchants

732,078

858,684

Loam ami

discounts.

1,602.907

210,455

Capital.

Banks.

1881.

1882.

Week or 2Jo.

i

of

Average amount

■Railroad Earnings.—The latest
totals from January 1 to latest
are
statement Includes the gross
which returns can be obtained. The
ing “ January 1 to latest
January 1 to, and including, the
second column:
,—Latest earnings reported.—> <-Jan. 1 to latest1881.
date—
1882.
Ala.Gt.

247

CHRONICLE.

THE

....

*

"

'

*

60
84

.

THE CHRONICLE

228

Xnnestmrnts
•

AND

STATE, CITV AND CORPORATION FINANCES.
The Investors* Supplement contains a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds

pf Railroads and other Companies.

It is published on t be last
other month—viz., February, April, Jane,
August, October and December., and is furnished without extra
,tKarge to all regular subscribers of the Chronicle. Single copies

Saturday

of

every

| Yol. xixiv-

at once issued $2,300,000 of six per cent, bonds, which are &
lien upon the C. & I. Division, and $2/00,000 of stock, under ths
construction contract, which was made prior to the consolida¬
tion.
The price to be paid tlie contractor for a finished road
between the points named was $1,850,000 bonds and $1,550,000
of the consolidated stock. The balance of the issue of bonds has
been used in the purchase of motive power, roiling stock, steel
rails and terminal facilities at Louisville, which include a piece
of ground on Fourteenth Street, 240 by 410 feet, for a freight

yard, upon which have been erected two freight houses, 30 by
*195 l'eet each ; the balance of the stock, $450/00, was divided
among the holders of the old stock, so as to equalize the values
,*re sold at $2 per copy.
of the two properties.
Ninety miles of the Chicago & Indian¬
Division, from Delphi to Maynard Junction, five miles
apolis
ANNUAL REPORTS.
south of Hammond, were received and paid for December 16,
and have been operated by our company since January 9. Work
Illinois Central.
on that portion of the line between Delphi aud Indianapolis is
(For the year ending December 31, 1881.)
being rapidly pushed forward, and it is confidently expected
The report of the board of directors, issued in advance of the that our trains will be running into Indianapolis by July 1.
A lease for 999 years has been agreed upon with the Chicago
•omplete annual report, was published in the Chronicle of
February 4, 1882, on page 144. The figures from the report & Western Indiana Railroad Company, by the terms of which it
j ast issued, compiled in the usual form for the Chronicle, agrees, for a fixed rental of $84,000 per annum, to provide our
in comparison with previous years, make the following exhibit:
company sufficient track facilities for the prompt and speedy
-

“

ROAD AND

Total road

operated.

EQUIPMENT.
1880.

1881.

1,255

1879.
1,286

1,320

1,320

203
173

203
175

213
189

203

1878.

r

of our trains between Hammond, our northern
terminus, and Chicago, and certain exclusive terminal facilities,
movement

including round-house,^freight-sheds 300x50, freight yard 800x
100, in the heart of the city, and the joint use with other roads
of its passenger depot at Twelfth Street. The rental of these
5,951
5,368
4,894
5,155
Freight ears
21
21
21
20
All other cars
premises is so paid that at the expiration of thirty-five year*
OPERATIONS AND FISCAL RESULTS.
they virtually belong to this company.
1881.
1879.
1880.
1878.
Operations—
“The general account exhibited herewith shows that the only'
4,008,047
2,753,544
1,725,236
1,807,744
Passengers carried..
indebtedness
of the company, when the line is finished, will lie
82,068,222
Passenger mileage.. 43,849.207 44,586.972 63,306,528
2,875,833 $5,300,000 bonds and $5,000,000 stock on 450 miles of road
2,703,582
2,324,485
2,067,832
Freight (tus) moved.*
Jfr’glitHiis) mileage. 306,345,691 335,470,860 381,288.482 386,035,424 (of which nearly half will be laid with steel rails). This is only
1*52 cts.
1-52 cts.
1*54 cts.
1-64 cts.
AvTratep. tn p. mile.
a little over $11,000 per mile.
There is not one dollar of float¬
$
$
$
$
Earnings—
ing
debt.”
*
*
*
1.775,721
1,591,429
1,368,526
1,383,240
Passenger....
Tne gross earnings from freight for 1881 were greater than
5,883,123
5,875,019
5,116.962
5,021,377
Freight
935,027
847,575
763,695
730,590
those
of 1S80 by $91,712, or 14*82 per cent. The larger part of
Mail, express, Ac...
this increase took place during the last six months, although
8,586.397
7,249,183
8,322.127
Total gross earn’gs
7,140,207
our east-bound business had to be done during that period at
$

Locomotives

Pass.,mail & exp.cars

224

.

,

“

.

$

$

Operating expenses—

753,196

Mai nt’nee of wa> .Ac.
Maiut’noe of equip..

532.811

Transportat’11 exp’us

1,544,545
*285,905

^Miscellaneous

3,116,459

Total

earnings

4,023,748

P.o. of op.ex. to e’ngs

4364

"Net

$

902,207

958,646

658,7o9

757.788

1,815.359
*284,013

2,134,301
307,431

3,690,287

4,158,166
4,423,231

706,106
519,877
1,558,33 2
*257,105

3,041,470
4,207,763

4,631,840

about one half the races that were maintained in 1880, and was
due to the increase of our motive power and the occupancy of
our new

depot grounds in Louisville and the continued growth

local business,” * * *
“The revenue from passengers exceeded that of 1880 by
$18,883, an increase of 10*50 per cent. Heretofore we have

of

our

compelled to rely on local business almost entirely for our
in this department. Then we ran from New Albany to
One-half of gross earn’s overTol.P. AW. RR. included as expenses.
Michigan City; now we will have the short line between
INCOME ACCOUNT.
Indianapolis and Chicago, and the only line from Chicago to
1881.
1879.
1880
1878.
Louisville under one management; then we had a line starting
$
$
$
$
Receipts—
at
no place and ending nowhere, without a place or habitation
4,42^,231
4,631,840
4,207,763
Net earnings
4,023,748
161,105 in
102,321
112,000
68,040
Interest
any of the great «ities ; now we have as good terminal
286,224
113,461
165,551
Miscellaneous
72,286
facilities in both Chicago and Louisville as any road entering
4,875,560 either.of them. It is in my opinion only necessary to equip
4,909,391
4,423,545
Total income
4,164,074
this road to make it as good a piece of property as there is in
$
$
$
THsbursemen ts—
$
735,696 the West, bonded and stocked—as it is—at less than half of what
708,702
616.330
615,830
Ront’lspd.on ra.lines
668,000
672,600
669,484
669,350
Interest on debt
its competitors are.” * * *
444,125
465,352
395,011
392,190
Taxes
The apparent increase in operating expenses and decrease in
2,030.000
1,740,000
1,740,000
Dividends
1,740,000
net
Construction in Illiearnings in 1881, compared with 1880, is due to the fact
8 42,323
925,330 that the worn-out track, structures and machinery found on
nois during year
386,016
38,728
Miscellaneous
41,944
the road in 1880 were rebuilt and charged to construction
Total disbursem’ts
3,498,542
3,806,341
4,407,750
4,824,428 iastead of operating expenses, while much that was then in bad
Balance, surplus....
665,532
617,204
501,641
51,132 condition, yet good enough to run another year, was repaired
GENERAL BAXANCK AT CLOSE OF EACH FISCAL YEAR.
during 1881 and the cost charged to repairs instead oh construc¬
1881.
1879.
1880.
tion, as was done the year before.’* * * * “During the past
1878.
Assets—
$
$
$
Railroad, buildings,
$
year the aim has been to charge construction and improvement
equipment, Ac
33,913,173 33,956,782 34,010,853 34.080.728 account with nothing that could legitimately be clarged to
1,600,000
1.600,000
1,600,090
Spritiglield Division
1,600,000
200.000
500.000
repairs; and the amount charged to the latter account which was
Middle Division
200,000
*2,668.000 last year charged to construction and improvement would reach
2,668,000
Slocks owned..
\ /> qiq oot
6,745,943
13,632,000 at least
Bonds owned
5 b’diy’J-7
£ 6,631,522
$50,000, and to that extent increases the operating
479,269
534,678
303,866
Materials, fuel, Ac..
429,109 1
119,503
195,008 expenses and decreases the net earnings as compared with last
240,717
Assets iu Chicago...
921,256 year.
882,154
579,481
862,764
Assets iu New York.
This was done with a view of closing the construction
61,963 and
53.728
24,656
45,143
Assets in Ins. fund..
improvement account as soon as possible.”
The following is a statement of the operations of the com¬
Total
43,010.892 43,819,254 46,666,444 44,193,633
pany
for the year ending December 31, 1881.
$
$
Liabilities—
$
$
The g-oss earnings have been ;
29,000,000 29,000,000 29,000,000 29,000,009
Stock, common
41-95

44*34

48*42

9een

revenue

-

“

..

Bonds (see 3up’m’t)
Insurance fund
Liabilit’s Chic, otlice.
.

Miscell. liabilities
Bal. surplus account.
Bal. income account.

11,997,000
53,728
.

12,100,000
24,656
117,229

§9.919,500

504,530
1,455,634

43,010,892

2,072,839}
43,819 254

710,490

618.773

$160,18T
495,88*2
14,412
18,449

..

^.395,089
46,666,444

*5.212,170

18.519

Midi

17,202

17,556
2,481

2,055

18,012
2,525
2,067

..$947,65 4

$336,252

717,082

593,313

596.65T

..$230,571

$242,908

$99,974

..

Telegraph

41.19L033

66,700 shares Chicago St. Louis A N. O. RR. Co. at 40 per cent. '
f $3,632,000 Chic. St. L. A N. O. 5 per cent, gold bonds o' 195 L at par.
t The net income of 1881 and previous years is absorbed in an “invest
ment fund.” the credit to that fund being $5,212,170, as above.
§ Of this amount $169,500 bonds have been called iu.

New

1879.

$177,666

1881.

Express
Miscellaneous

*

Lonisville

1880.

..$196,549

From—

61,963

222,212

...

Total liabilities....

12,004.090
45,143

..

Net

2,441
5,258

$696,631

Northern Centr 1 Railway.
(For the year ending

Albany & Chicago.
Dec. 31,1881.)
CFor the year ending December 31, 1881.)
The annual report of this company for the calendar year 1881
shows that the coal tonnage was considerably increased in 1881
The report of Mr. R. S. Yeech, the President, says :
“The management, realizing the necessity of securing their over 1880, but that the grain carried to Baltimore was
own terminal facilities and an independent entrance into both
nearly 2,000,000 bushels less in 1881 than in the previous year.
Chicago and Louisville, made an agreement of consolidation The
report says:
“
20 with the Chicago & Indianapolis Air-Lime Railroad,
It will be noted from the income account that the gross
which was then in course of construction from Indianapolis to earnings of the line were increased nearly 8 per cent., but
Hammond, Ind., about twenty miles south of Twelfth Street, that the expenses were increased about 16 per cent., making a
Chicago, which was afterward approved and ratified by the redaction in net earnings of $138,864 75. This was due partly
•fcockholders on June 7. This road crosses our main line at to the redaction in rates and to the increased cost of labor and
Konon, fifty-nine miles south of Michigan City and eighty- material. It is proper to state, however, in this connection,
♦ight miles southeast of Chicago. The consolidated company that there were also included in the expenses tho following




FsuBTUBY

CHRONICLE.

THE

15,1883.1

INCOME ACCOUNT.

outlay, a large portion of which might
charged
construction and equiptaent; but it was
thought wise to till vacant numbers in your freight car equip¬
ment, and to defray the other expenditures out of earnings
rather than increase your capital account:
Amount expended for new freight cars and charged to
operating expenses
$345,000
00
Cost of new tracks, extending piers, etc., at Canton
43,036
78
Extensions of second and third tracts and sidings on the

Items of extraordinary
hare been
to

1879.
$

1878.

$

Receipts—
earnings

1,246,008

1,118,959

Net

Total income
Di sburse me n ts—

Rentals 1’s’d lines,&c*
Interest on debt
Dividends
Miscellaneous
Balt.
Potomac int.

1,510,481
$
484,357
894,930

$
1,656,254

1,795,119
3 32,512

1,595,308

2,091,428
$

180,343

Other receipts

1881.

$

148,339
200,96 L

211,179

Interest

1880.

$
457,742
895,140

163,797

|

271,66*
1,927,923

452.097
898,060

$
476,213
935,882

(2) 146.048 (6) 350,517
59,509 71
10,140
113,834
63,260
106,298
10,005 00
37,177
196,494
$457,551 49
1,809,934
1,806,533
1,416,142
1,485,585
disbursements
“The income account shows that, after deducting these
117,98#
284,895
179,166
24,896
Balance, surplus...
extraordinary expenditures, which amounted to over 7 per cent,
upon your capital stock, your company earned during the past
Includes rent of roads and interest on equipment.
year about 8 per cent., out of which two dividends of 3 per cent
each were paid in cash to 3Tour shareholders.
Leliigh Coal & Navigation Company.
“It will also be noted from the income account that instead
(jFor
the year ending December 31, 1S81.)
of your company having to make any contribution toward meet¬
The managers’ annual report states that the gross receipts of
ing the operating expenses and rentals upon the Elmira the Che¬
mung and the Canandaigua divisions, a profit was realized there¬ the Lehigh & Susquehanna Bailroad and branches were $808,from of $32,1S4; but that there was charged against your income 471
than in 1880, the gain being mainly in freights on
for the year one-half of the deficit of the Baltimore & Potomac coal, of which 784,077 more tons were moved than in that year.
Bailroad Company in meeting the interest upon its bonds, Canal navigation opened April 29 and closed December 15.
amounting to 737,177. It is confidently hoped from the great The late opening resulted from an ice freshet on February 12,
improvement being made in that property that this deficit will when part of dam No. 4 was carried away, and the cost of
in the future be materially reduced. As appears by the state¬ maintaining the Lehigh Canal was thereby increased $37,865
ment attached to the report, there are now in the insurance
the previous year. The net revenue of both canals, after
fund securities amounting, at their par value, to $100,000, being paying rent and taxes of Delaware Division Canal, and tax on
considerable increase over last year.”
gross receipts, was $26,189, or $64,402 less than last year.
Th#
On account of the demand for increased facilities for hand¬ tonnage of the canals was 627,423 tons, showing a decrease, at
ling grain, it is proposed to erect an additional elevator at compared with 1880, of 14,843 tons. The production of coal
Canton, with a capacity of 800,000 bushels, and with that view
648,148 tons, an increase of 94,976 tons over 1880.
further purchase was made from the Canton Company of
Our total revenue from all sources was $1,875,592, a gain of
about 9/£ acres, for which the sum of $183,549 was paid. This $265,915 over 1880.
The decrease in fixed charges, $25,995,
expenditure forms the main item in the increase3 of capital added to this, makes a total gain of $291,911 in net revenue over
account for the year. The entire expenditures on real estate the preceding year. A dividend of $1 per share was paid to th#
account were $199,594, and credit being given for the proceeds stockholders in December last, and the balance remaining to tht
of sales of property in Baltimore, not needed for the operation credit of dividend fund at the close of the year was $471,445.
of the line, the net increase of that account was $168,862.
From this balance must be deducted whatever sum shall be
In order to meet the requirements of traffic 600 bex cars and
paid to the State under the four-mill tax law for. the year*
650 hopper gondola cars are being placed upon the lines 1879, 1880 and 1881.
The amount for which we are held to be
through the agency of a car trust.
liable is $81,248, but we expect to be relieved from the payment
The passenger business for the year showed a marked im¬ of
considerable part of this sum.
It will be noticed that the income from our railroads exceeded,
provement, the passenger mileage increasing 15 per cent., and
the revenue received therefrom $113,123, or 16‘27 per cent.
for the first time, the amount of our fixed charges. The former
An arrangement was perfected during the year for the has increased largely since 1878, and the latter has steadily de¬
exchange of the $1,000,000 of 6 per cent, second general mort¬ creased during the same period. We may reasonabiy antici¬
gage bonds for 5 per cent, bonds secured by the same mortgage, pate a further increase of railroad earnings and a material re¬
and the option of convertibility into stock was surrendered in duction in fixed charges during the next few years. In Sep¬
the exchange.
tember, 18S4, the right to convert Nesquehoning Valley Bailroad
The report says: “ Your board deemed it necessary for the stock into our own, or to pay it off, accrues to this com¬
interests of your company and the proper development of its
pany, which we may then exercise, or continue the lease at
traffic that you should have your own line extending to tide¬
lower rate of dividend, as may be considered most to our
water. For this purpose they had very careful surveys and interest.

line of the road.’.
Addition to tobacco

warehouse at Canton
Making an aggregate of

Tot.

*

more

over

a

was
“

a

a

“

«

a

result of which

estimates made, the

showed that it would be

line, if
and
road. Negotia¬
tions were accordingly opened on the part of your company
with the Canton Company, which resulted in an agreement by
which your company purchased the entire share capital of the
Union Bailroad Company, amounting to 6,000 shares, at its par
value of $100 per share,"subject to a mortgage indebtedness of

advisable to acquire the ownership of the present
it could be had at a fair price, than to incur the expense
difficulties attending the construction of a new

more

$1,500,000 of 6 per cent, bonds.
The gross earnings of the Union
past year were

!

Expenses
Net
“

Railroad u .rnpany for the

earnings

Of the gross earnings
For the purpose of

your company

$287,295
61,324
$225,971

paid $254,365.” * * *

obtaining the means to pay for the
capital stock of the Union Bailroad Company, your board
recommend that your share capital be increased from its pres¬
ent amount of $5,842,000 to $6,5<’.0,000, and that the sha reholders have the right to subscribe for 10 per cent of their
present holdings at par.” [This was adopted Feb. 23, 1882. |
The comparative statistics for four years have been compiled
“

for the Chronicle as

1878.
152
170

Miles owned
Miles leased & cont’d*
Total
*

follows:

322

operated

Uses also 40 miles

of

1890.

1879.
152
170

152
170

322

322

Philadelphia & Erie road.

Operations—
Passengers carried .. a,380,393
Passenger mileage... 24,122,837
2*724 cts.
Rate$ pass. $ mile..
Freight (tons) moved 5,803,371
Freight (tons)liiil’ge.280,236,742

1

$ ton
Earnings—
Passenger

1*013 cts.

mile

$
657,006
2,837,599
228,851

Freight
Mail, exp. and miscel.
Total gross

earn’gs

.

Operating expenses—
Maint’nce of way,&c.

\




3,723,456
$
735/258

2,430,162
34,370,948

2*426 cts.

2*327 cts.

2*352 cts.

7,920,866

9,460,229

10,527,706
506,180,310

461,904,456
404,192,761
0*S94 cts.
0*810 cts.
$
627,927

3,272,302

207,720

4,107,949
$
715,619

$
695,430
4.131,008

223,949
5,050,387
$

2,124,565
956,021

1,121,252

Miscellaneous

862,794
63,078

65,736

63,817

2,604,497
1,118,959

2,861,941

3,255,268
1.795,119

Net

earnings.,,.

1,246,008

a

strong

reserve

0*869 cts.

$
808,554

4,396,187
238,959

5,443,700

of the company,
foundation of pro¬
of all accounts not
likely to prove of any future value, we have charged to our old
profit and loss account several items of loss which had accumu¬
lated previous to 1880, and were not, therefore, properly
chargeable to the surplus earnings of the last two years. The
balance to the credit of this account is $2,287,988. The floating
debt, less cash assets, is about $700,000, against which the com¬
pany holds $746,000 of its consolidated 7 per cent bond*,
$306,000 Delaware Division Canal Company bonds, and 18,901
shares of its own stock.
The third instalment of the extended
debenture loan was paid at maturity, December 10, leaving only
$106,190 due December 10 next, of the $762,779 loan that
matured in 1877.”
Comparative statistics for three years are as follows :
1879.
i

Receipts—
Revenue from railroads

1881.

and Ne

queboning Tunnel
Reveuue from Lehigh Canal
Revenue

from water powers

Royalty on

Revenue from
Miscellaneous

55,830

108,666

$828,817
51,930

18,947

19,756
90,176

19,830
47,58#
190,62*
1,961
33,94*
9,15*

Ij

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

1
.

rents

receipts

1830.

.$1,429,468 $1,157,909
:

Div. Can
Coal
coal mined l>y lessees

Revenue from Delaware
Net profit on Leliigli

..

185,626
6,077
33,728
7,738

.$1,375,592 $1,609,676 $1,183,84*
Disbursements—
General and legal expenses.
Rent and taxes Nesq. Vall<
Rent and taxes Del. Div. Ca

.

Interest account

Less
Less

$59,101

$51,793

70,148

81,153
932,231

97,050
120,3 0

.

Taxes

$

915,039

.

97,050
125,438

$51,33*

138.000
118,867
77,454

923,958

.$1,261,668 $1,287,665 $1,309,612
$322,011 df.$l25,784
$613,924
$55,317
l
$61,815
sink’g fd of 10c. p. ton on coal
7°. in8
depreciation on coal improve¬
$
65,333

ments

3,787,446
1,656,254

of net

matures

part by the
balance
interest. In re¬
deemed it wise to
earnings, under the con¬
with a gradually-increasing

viction that this policy, together
stock basis and steady reduction of the debt
would establish the stock upon a secure
ductive value. In order to clear our books

698,296
1,371,903

943,367

Total

1881.

1,913,734
29,880,642

1,530,879
25,888,514

Maint’nce of

equip..
Transportat’n exp’ns

322

retain

high Canal

OPERATIONS AND FISCAL RESULTS.
1880.
1879.
1878.

Av. rate

1881.
152
170

mortgage 6 per cent, loan of $5,3S1,S40
April, 1884, and may be paid off in whole or in
sale of securities controlled by the company, and the
(if any) probably extended at a lower rate of
suming the payment of dividends the board
“The first

in

&c

.

$130,148

$127,775

THE CHRONICLE

230
•Surplus for year

Total
Dividend of $1 per

Balance to credit of

$1S3,776

fund,

Balance to credit of dividend
Jan. 1

$678,012

$

$

only

200,507

sliare

$171,445

$194,230

$

receipts of the company’s railroads, and the

coal

tonnage on the Lehigh & Susquehanna Railroad and the Lehigh
Canal daring 1881, as compared with 1889 and 1879, were as
follows:
Passengers and mails
Freight and express

Coal!

1881

1SS0.

lc79.

$104,287
540.777

$144,370

$118,039

3,517.454

$4,222,518

405,398

2,801,272

$1,138,015
4,704,692
3,905,393

Coal tonnage

341.771
1,953,332

$3,114,040 $2,413,702

Lehigh Coal & Nav. Co.’s proport’n.$1,407,500

Express

1880.

1881.

$201,043

$220,554

380,212

5,880

433,091
18,625
14,091
7,101

$026,261

$705,127

$78,805

371,553

490,055

119,102

$214,472

$159,703

18.000

5

Miscellaneous

Operating expenses
Net earnings
The percentage

Increase.

$24,910
52,479
25
100

1,283

of expenses to earnings was 69 6-10 in 1881,
against 59 3-10 in 1880, which is accounted for by the largely
increased expenditures on account of maintenance of way and
the damage claims resulting from the accident of July 4.
The balance sheet Dec. 31, 1881, was as follows :
Liabilities.

-Construct’ll and equip. $7,967,908

Maysville & Lex. HR..
Bond account
Paris & Livingst’e Ex'.
Material at repair sli’ps
FueL account
,

Old iron rails
Road & bridge

/

1,200

75,844
19,899
0,219

101,052

lhater’l

Agts. <fc foreign railr’ds
Adams Express Co....
U. S. Gov. P. O. Dept..

Sundry accounts
Cash

851,495

2,8

small amount of the stock. When it absorbed the
Pacific, it took in the Domestic District. Company,

407

9,904

$6,083,500

Capital stock
Bonds payable
BillspayabJe
Foreign railroads

Unpaid

coupon

inter’st

Sundry accounts
Prolit and loss

and when afterward it absorbed the American Union, it took
with it the service which had been established by it. The only
real opposition which has been offered has been from the
Mutual District Company.”
American Rapid Telegraph
the condition and property of

Co.—The following statement of
the Rapid Const ruction Com¬
which has absorbed the American Rapid Telegraph Com¬
is given by the Bouton Transcript:

pany,
pany,
The amount of the
tion was $1,366,900,

Rapid Construction Company’s subscrip¬

of which

seven

instalments’ Lave

been

$801,587 called. There has been paid in $874,970 to Eel). 13. There
4,158,031 has been expended on lines $714,06o. The estimated cost of
the pole lines, with two wires complete, is $345 per mile.
It is
estimated that $150,000 will fully complete and equip the

Kentucky Central.
(For the year ending December 31, d SSI.)
The report of the directors says: “Early in the year the
board determined to extend the line from Paris to a junction
with the Knoxville extension of the Louisville & Nashville
Railroad, seventy miles, the estimated cost being $1,915,000.
The right of way was donated by Bourbon County, and exemp¬
tion from taxation for twenty years was guaranteed by Clark
County, and what was equivalent to $125,000 voted by Madison
County in aid of same. The grading, masonry and bridging of
this extension has been let at very fair prices. The work is
now in progress, and the board hope to have the line in opera¬
tion by July 1, 1883. At the same time the extension was
resolved on it was decided to at once rebuild the main line and
equipment, so as to be ready for the increase of business that
was expected from the new line.
For this purpose 9,000 tons of
steel rails were purchased, 12 locomotives and 250 freight cars.
Nearly one-lialf of the steel and fifty of the cars have been
delivered. The increase in gross earnings has been very satis¬
factory. The net, all we could expect in the condition of the
property and the ‘extensive improvements we were making.
After this current year the property will be in shell fine con¬
dition it can easily be operated for less than GO per cent, of its
gross earnings.
In addition to the business to be expected
from the extension we have a connection with the Chesapeake
& Ohio system, and may hope for a large traffic from that
source this current year
To provide funds for the extension,
for rebuilding the road and equipment, and for retiring the
preferred stock and the outstanding bonds, a new consolidated
mortgage for $0,600,000, or $30,000 per mile, was made, secur¬
ing that amount of 6 per cent, bonds.
“An amount was offered the stockholders of record July 31,
1881, equal to their respective holdings at 66 2-3 per cent.;
$4,131,000 were sold in this way for $2,889,333. This money is
.subject to call as needed by the company cn delivery of the
bords
The company still have $2,266,000 with which to take
up the $1,411,000 of outstanding bonds and provide additional
equipment.”
The following is a statement of gross and net earnings:
Passengers..
Freight

a

Atlantic &

dividend fund,

Total

[Voi.. XXXIV.

This award has not been made public, but. whatever it was, the
Mutual District Company refused positively to accept it.” * *
“The Western Union Telegraph Company is said to have had
control of the American District Company ; but now it holds

$

194,230

Dec, 31

The gross

$191,233

-

5,345,000
292,238
14,595
3,920
85,297
121,049

$11,940,200

1,550
3,591

12,8 43

23,011

$11,946,200

GENERAL INVESTMENT NEWS.
American District Telegraph.—The Tribune reports in

offices..

r

Greenbusli, via Albany and Troy to
Pittsburg to Buffalo

Buffalo
;

Philadelphia to Pittsburg
Washington, via Baltimore to Harrisburg
Hudson. N. Y.f to Boston
Port Chester to Greenbusli
Harlem to Port Chester
Four wires. New York to Baltimore, on old
One

Mt'US

Ko.

of

of

345
300
320
Tl<

2
2
2
2

690
000
040
230

2

380
320

Miles
of
Line, litre. TTOt.

STATEMENT OF I-INTH.

190

D O
27

2
2

poles.

wire, New York to Boston

Eight wires, New York Cityline, eight miles each.....

04
1,400

American

54

1,120
250

Rapid Tel. Co. lines, Boston to Washington..

570
2.030

4,354

3

1,710
0,064

The company

has opened offices on the new lines at Hudson,
Troy, Syracuse, Rochester, in New York ; and Lancaster, liar-...
risburg and York, in Pennsylvania.
Lines art1 being built
into the cities of Buffalo and Pittsburg, and the line to Buffalo
has been tested. The company will open offices through the
oil

regions, between Pittsburg and Buffalo, and along the lines

in the larger places as fast as
There are now represented
American Rapid Telegraph

possible.

company Ike lines of the
Company, from Washington to
Boston, with three wires, 570 miles of line and 1,710 miles of

by this

wire.
As the stock of the American Rapid Telegraph Company
has been exchanged into the stock of this company, with the

exception of 2,820 shares out of 40,000, the capital stock of the
Rapid Construction Company will be, after the.stock is issuedfor subscription, and the American Rapid Telegraph Com¬
pany’s 'stock shall be fully exchanged, $2,966,900, which fully
represents the property of both companies.
Canadian Pacific.—The Toronto Jfail says: The report of
the Minister of Railways, laid on the table of Parliament
lately, contains a very compact statement of the present con¬
.

dition of the Pacific

Railway,

as

follows

:

Eastern Section—From Callcmlar Station the first,'fifty miles of the
lino westward has been located and the work of const ruction com¬

menced.

Central Section—Wi-st of Winnipeg the line has been located

far as Moose Jaw Creek, a distance of 404 miles from Winnipeg. Tho
company having been permitted to abandon the old location fr om Stone¬
wall to Portage la Prairie, has constructed a new line, about fifty-three
miles in length, running direct from Winnipeg to Portage la Pr airie. Oil
this central section the company has completed the grading for about 218
miles of the line and laid 103 miles of track westward out of Winnipeg,the
line from Winnipeg to Stonewall, about twenty miles, being retained by
the company as a branch. The road is open for traffic to a point on the
main line 101 miles west of Winnipeg.
From Winnipeg, southwesterly,
as

passing to the vicinity of Turtle Mountain, a braucli of about 220 miles
in length has been located. On this branch consl ruction is far advanced
for 89 miles. From Bran Ion another branch passing in a southwesterly
direction lias been located for a distance of about 195 miles. Tho com¬
pany has had a staff of engineer s employed examining the various
passes of the Rocky Mountains south of the Yellow Head Pass to ascer¬
tain if any more favorable point of passage exists than that already
determined. On the 9th of June, 1881, the Canadian Pacific Railway

Company acquired all the rights of'the Canada Central Railway, and
incorporated its works with those of the Canadian Pacific Railway sys¬
tem: Ottawa to Carleton Place, 29 miles; Carleton Place to Pembroke,
7Ob’ miles; Pembroke to Callendar Station (C. P. R. junction), 130
miles; total, 235b? miles; Carleton Place to Broekville * (branch), 45ba
miles; total, 281 miles. By this arrangement t lie main line of the Cana¬
dian Pacific Railway has been extended eastward from Callcndar Sta¬
tion to Ottawa, and its total length from Port Moody increased to about

2,804 miles.

Central Iowa.—The following official statement is
earnings and expenses for the years

the comparative
1S81:
Earnings.
Freq/at..
Passenger

~

*.

Miscellaneous
Total

earnings...

Expenses.

.-

made of
1880 and

$723,909
218,232

1880.
$090,555
212,591

$1,001,,300

$902,070

1881.

59,174

52,929

$463,807
regard to the notified increase of stock : “It is understood that Operating expenses
$595 ,534
228,,40 L
133,409
Renewals
a consolidation of the several district telegraph companies was
13,,ll>3
£3,500
proposed, and it is stated that the several companies agreed to Ballast.
leave the plan of consolidation to Thomas T. Eckert, Vice$620,778
Total expenses..
$837,,101
President and General Manager of the Western Union Tele¬
Net earnings
$341,298
$101,205
graph Company. The first award made by General Eckert was
on the basis of the present capital stock of the American Dis¬
Central Railroad of New Jersey.—Governor Ludlow has
trict Company, without an increase for the absorption of until Friday night to sign the bill giving railroads the power
the other interests.
This proposition was not acceptable to issue more stock. If he dees not affix his signature it
even to the American
District Compan3r, which hoped, it is becomes a law. William E. Proctor, in behalf of himself and
said, for a different result. The matter was referred back to the owners of a majority of the capital stock of the Central
General Eckert, with instructions to make the present capital Railway of New Jersey, has begun a suit in equity in the New
.of the American District Company the unit of the consolidation. York Superior Court against the railway company and its




FSBRtTAIiY

THE

25, 1SS2.]

231

CHRONICLE.

Western.—This company has
line west of Hornellsville,
^irectorsTsidoey Dillon, Jay Gould, John Keen,
“ prior lien” bonds,
of
TTrelinirhuvsen,
and others,7inriar
to tLp
restrain
the company
from which amount to $2,500,000. The bondsits have
rreimg
nrnvi-tinns
of the Aruonx
statute
.y
been taken by
increasfnff its capital stock under the provisions
of
the
bankers represented by Kuhn, Loeb & Co., but details in regard
' "
iust enacted by the Legislature of New Jersey. Judge
to the transaction were not made public yesterdays.
Under the
I-ranted a temporary injunction and an order, returnable
terms of the plan of reorganization these bonds were provided
ruary 2t to show cause why the injunction should not
con; “ to meet the expenses, payments and indebtedness of the
edd''u ring the pendency of the suit. The order was granted for
Receiver, and the reorganization expenses here and in London.”
oil the affidavits of Franklin
1?. Gowen
Thomas
_P.
verified,
by Mr. and
Proctor.
Mr.
Proctor They were made payable in thirty years from the date of the
and tlie complaint was
mortgage, and take precedence of the new second consolidated
mortgage bonds. The Erie road now has double tracks from
Jersey City to Hornellsville, and the accomplishment of the
ctfock. The complaint
present purpose of the company will make it a double-track
company is $18,563,200, and under the charter cannot be
road for its entire length.—New York Tribune, Feb. 22.
enable
the
increased without the consent of issue
two-thirds
of
^ the
shareholder?
of stock
is to
Northern Central.—In Baltimore, Feb. 23, at the annual
The object of the proposed "
meeting, the stockholders unanimously approved the purchase
of-the Union Railroad, or six thousand shares of it, and ordered
the
increase of the capital stock of the Northern Central Rail¬
way7,
so that the whole shall not exceed $6,500,000, to enable
of
a
by
Legislature
of
New
Jersey,
authorizing
sale bill the
officers of the company to draw in the bonds of .the company the company7 to purchase the Union Railroad. A resolution
adopted to give preference to the present stockholders to
which are now due, and to issue new stock iu place of them.
It is claimed that the new act would not repeal the charter purchase the additional stock at par at the quota of one new
provision which forbids the increase of capital stock without share of stock for each ten shares now held by them.
Northern Pacific.—The Philadelphia Press says that at the
the consent of two-tliirds of the stockholders.
meeting
of the Finance Committee and board of directors in
Cincinnati Indianapolis St. Louis & Chicago.—Tim earn¬
New York, no definite action was taken as to a dividend on pre¬
ings of this road for the six months ending the 31st of Decem¬
ferred stock. As to the bonds, it will be remembered that the
ber, 1881, are reported as follows :
syndicate under the original contract have the option of the
Gross earnings ending December 31
$1,201,241
other $20,000,000, which daes not expire until July 1.
It is not
Net earnings for same time
2*!?’?
Bond interest an l taxes
301,833 positively known whether these bankers will undertake to place
the bonds, but it is supposed they will. The company7 has
, *21?.02l
For stock
funds on hand to continue the work of grading and
Dividend
—
180,000 sufficient
laying rails for some months, so it will not be pushed for funds
Carried to surplus
$62,021 in any7 event. The syndicate have been requested to signify to
Cleveland Tuscarawas Talley & Wheeling.—At Cleveland, the company their decision as to their option on the next
Ohio, February 20, the Union Trust Company, of New York, $20,000,000 at as early a date as possible.
filed in the United States Circuit Court a bill in equity against
Ohio Central.—At the election of the Ohio Central Railway
this company and the Elyria & Black River Railway Company, Company7, consolidated with the Atlantic Sc Northwestern Rail¬
and Worthy’S. Streator, Trustee, alleging the insolvency of the
way of West'Virginia, the following directors were elected:
Cleveland Tuscarawas Valley & Wheeling Road, and praying George I. Scr.ey and John T. Martin of Brooklyn, N. Y.;
for the appointment of a Receiver. The bill states that the Daniel Shethan, F. O. French and Nelson Robinson of New
total amount of indebtedness of the road secured by mortgage York; D. P. Fells of Cleveland; Charles Foster and Samuel
amounts to $4,880,000, not including interest, and that the float¬ Thomas of Columbus; C. S Price of Lima; Joseph S. Miller of
ing debt, unsecured, amounts to not less than $400,000. The Wheeling, and Thomas Ewing of Lancaster.
rolling stock debt amounts to $563,000. All the bonded indebt¬
Philadelphia Sc Beading.—The following statement gives
edness except $700,000, the subject of a special contract, is in
the earnings for January and for two months of the current
default with interest since 1878. After consideration of the bill
fiscal year:
UAll Y.
and exhibits tiled therewith, the Judge appointed Oscar Town¬
Profit.
send, present General Manager, Receiver, and his bond in $100.1882.
1881.
receipts.

Frederick T.

New York Lake Erie and
decided to build a double track on its
and for that purpose has made a sale

:.„i

&;

be Feb¬
Fowler,

t nm

an

was

JA N

—

having been approved,
Connecticut; Western.—This road, extending from Hartford
to Millerton, N. Y., has purchased Hie Rhinebeck and Con¬
The Connecticut Western Road by this pur¬
necticut- Railroad.
Selah Chamberlain as surety,
possession of the property.

Gross

•

000, with
he took

chase secures

Canal

advantageous connections.

makes no regular
statement for 1881 is issued,
covering 522 miles of road worked, the Texas Central extension
Houston Sc Texas Central. — This company
annual reports. The following brief

being

not

Gross

included:

carning3

1850.

$3,7is,655

$3,741,000
2,007,323

2,141,872

Expenses....
Net earnings

1831.

:

are included iu expenses.
$1,157,965, leaving a surplus of

Taxes

$1,606,782
The interest on

$1,733,077

bonded debt

$448,817.
The expenditures for betterments during the year were
$1,063,113, to which the surplus of $448,817 was applied, the
remainder being provided for out of the proceeds of the general

was

43,656

5.239

$ 199,640
55,129

$584,002

918,390

$2,451,160

$354,769

$616,913

Barges
Total railroad
Coal A: Iron Company.-

Grand total
*

....

Loss

*19,3*4

17,775
1,733

70,461

Steam colliers

$361,665

$ IG,171
"11.04-1

*473

*1,925

62,910

profit for the two months (Decem¬
.year :
with tlie same1881.
period of last 1 882.

The following gives the
ber and January; compared

$1,002,826
*29.085
44,847
714

Railroad
Canal
„
Steam colliers

Richmond buries
Total railroad
Total Coal W Iron

$1,396,120

1128,060
87,364
*810

$1,019,333

$1,454,614

$1,095,226

$1,584,456

129,84L

75.893

Co

Grand total

—

;.

Loss.
of the company.
The following gives the tonnage and passengers for the same
Indiana Bloomington & Western—Indianapolis Deca¬
-Two Mon llis.tur Sc Springfield.—At
Indianapolis the stockholders of periods :
1881.
1882.
1381.
1382.
the I. B. & W. met and ratified the lease of the Indianapolis
1,012,328
1,268,492
494,097
508,147
878,840
Decatur & Springfield Railroad, which was made by their Coal (tons)
1,180,013
442,629
593,091
Merchandise (tons)
1,506,115
1,325,208
754.799
directors iu December last, and which went into force in the
898.600
78,275
Passengers
95.320

mortgage bonds

.

.

meeting of stock¬

beginning of January. A corresponding
holders of the leased line was held and their assent

was

given to

the contract.

Evansville.—At Baltimore, Md., February
20, in the Superior Court, an attachment was issued for Thos.
K. Reynolds, of London, a manufacturer of steel rails, against
the Indianapolis & Evansville Railroad, to recover the sum of
$76,250. It appears that the defendant contracted with the
plaintiff for some 10,000 tons of steel rails and fish plates, the
whole purchase amounting to about $2,000,000, and mortgage
bonds to
large amount were given as security.
Mexican National.—A press dispatch from Colorado Springs.
Col.,. February 23, says : “A meeting of the stockholders of the
Mexican National Construction Company" of Palmer and Sulli¬
held here to-day. Nineteen-twentieths of the stock
was represented.
By a unanimous vote the capital stock was
increased $3,000,000. Nearly7 all the new stock was taken by
Indianapolis &

a

van

was

the present
Mutual
to

prevent

stockholders.”
Union Telegraph.—In the suit of Pliny7 IT. Babbit,
the Mutual Union Telegraph Company7 from issuing

its stock to represent
remove the case to the

more

than $1,200,000, it

is sought to

United States Circuit Court. The matter
yet remains uncertain, and it. is adjourned to February 28,
before Juda-e Arnoux, when further proceedings will take
place.




.

48,285

36,285

Coal mined by C. & I. Co. 240,432
Coal mined by tenants... 89,705

222,234
96 942

219,209

431,457
209,013

330.13S

319.176

843,581

640,471

Coal, colliers

.

Total mined

—A press

624.372

“Judge
of Joseph

dispatch from Reading, Penn., Feb. 23, says:

this morning filed an opinion in the matter
L. Stichter against the Philadelphia & Reading lilt. Company.
The suit was brought to compel the Philadelphia & Reading
Railroad Company to carry out its contract t© furnish Stichter
with $50,000 of the deferred income bonds which he
scribed for. Judge Hagenman decided that the company has a
perfect right to create debt, borrow money
and that the issuing of deferred bonds is legal, no matter if
company only agrees to pay interest on' the same
specifying any special time for the redemption of

Hagenman

had sub¬
and issue bonds,
the
without
the
securities.
The decree orders the company7 to issue certificates to Stichter,
and gives him deferred bonds to the amount of $50,000.”
Feb. 18, The Supreme
attorneys
soliciting it to modify the injunc¬
of bonds without the tax-receiv¬
This disposes of the suit, and the fund¬
ing of the S'ate debt cannot be accomplished except through
the passage of another bill by the Legislature.
Tennessee

Debt.—At Nashville, Tenn.,

Court declined to allow the
for the State Funding Board,
tion so as to permit the issue
able coupon feature.

motion entered by7 the

■

■■*>

THE CHRONICLE.

282

[Vol. xxxrr.

COTTON.

glte Commercial ’I?imcs.
COMMERCIAL

Friday, P, M.,

EPITOME.

Friday Night, February 24,1882.
West, which have not

„

There hare been excessive rains at the

only caused local floods, but a serious overflow of the Mississippi
Transportation has been more or less interrupted and
early farm work delayed. There have been important de¬
clines in the value of railway securities, attended with much
excitement in the dealings. Foreign exchanges have again
approached rates to favor the shipment of gold, and a million is
engaged to go in the steamers to-morrow. Money has also
heen dearer. All these circumstances have operated unfavor¬
ably to trade, besides discouraging speculation, and values of
many leading staples have given way. At the close of the
River.

week, however, the weather is clear and cold, the floods are
eceding, and monetary centres are calmer, with prospects good
or the regular spring trade.
The market for provisions has been declining under the sales
fspeculative holdings, and a more general disposition to meet
the market and promote the movement of stocks. To-day
pork was dull and nominal. Bacon and cut meats were barely
steady, with little doing. Lard was decidedly lower ; prime
Western closing at 10-50c. on the spot and for March, 10’60c.
for April, 10 70c. for May and 10’77/2C. for June, though early
sales were made at higher prices ; refined for the Continent,
10*75c. Beef and beef hams have been dull and nominal
Tallow has declined to 8%c. for prime. Stearine is entirely
nominal. Butter is higher at 40@50c. for prime to choice.
Cheese is moving more freely at ll/£@13c. for factory. The
following is a comparative summary of aggregate exports
from Nov. 1, 1881, to Feb. 18, 1882:
Pork, lbs
Bacon,lbs

Lard, lbe
Total lbs

1881-2.

1880-1.

19,589,800
180,508,655
99,042,727

22,988,200
305,022,671

299,141,182

Galveston

Indianola, &c.
New Orleans...
Mobile

Brunsw’k, <fec.

Reoeipts since February 1
Sales since February 1
Stock February 21, 1882
Stock February 23, 1881

22,385
24,795
7,960

Wilmington
Moreli’d C.,&c
....

Norfolk

City Point,&c.
New York

Boston

29,990

475,355

41

1,001,110

1,277

Refined sugar, after showing some weakness at one time,
•loses firm at 9%c. for crushed, 9/£@954c. for powdered and

....

114

Tues.

3,664
1,365

....

590

570

....

....

Fri.

163
•

•

•

213

198

497

....

....

1,351

1,199

....

....

1,713

•

730

••

....

889

-

....

515

....

....

....

242

144

....

1,309

2,261

....

....

....

....

69

3,232

16,341

385

3,408

215

215

1,119

6.942

•

•

•

805

750

396

168

1,064

499

499

918

1,422

8,914
1,828
3,315
5,086

....

1,828

....

339

796

477

509

375

828

1,113

831

743

656

245

1,493

....

....

191

868

•

452

5,341

•

•

J

38

•

216

1,727

5,712 14,049

60,160

....

8,707 12,725 13.626

5,580

756

....

975

4,378

69

*

626

•

Total

1,014

•

1,262

38

Totals tki8week

Thurs.

617

....

1,296

Wed.

6,244

....

Philadelp’a, &c.

For comparison, we give the following table showing the week’s
total receipts, the total since Sept. 1,1881, and the stocks
to-night
and the same items for the corresponding periods of last year.
1881-82.

Receipts to
February 24.

Mobile

999

....

Baltimore

163,174,745

6,639
6,941

1,322

2,029

462,315,927

Bags.
Melado.
333,767
365,995

....

1,191

Pt. Royal, &c.

131,305,056

Boxes.

1,318

....

1,088

Charleston

Mon.

723

....

8avannah

This
Week.

18SO-81.

Since Sep.
1, 1881.

4,378

Indianola,&c.
New Orleans...
Florida

369,386
13,041
16,341 1,058,865
3,408
223,320

6,942

Brunsw’k, Ac
Charleston

Stock.

This

Since Sep.

Week.

1, 1880.

1882.

17,415

529,085
13,804
46,950 1,164.821
10,578
324,596

69

215

Savannah

1881.

70,420 104,384

249

167

19 510

653,623 *15,50 5

745,811

25,239
6,824

84

4,748

370.310 283,104

33,232

47,213
5 086

76,742

86,624

5,580

443,351

10,787

535,859

60,111

Pt. Royal, &c.

756

1,277

65,110
2,743

1,061

7,691

5,447

499

21,801

491

8,914

512,837

12,171

49,270

23,954

1,828

163,085

45,523
107,600
25,181
580,538
.180,403
96,222

3,764

Wilmington....

21,541
123,277

cases

Hhds.

Sat.

750

Florida

Galveston

New England wrappers, 16@30c.; 704 cases
Ohio fillers, 4/£c., and assorted lots, 5%@8c.; and 50 cases Wis¬
consin on private terms.
Also 400 bales Havana fillers, at
auction, 20@85c.; 250 bales Havana, at private sale, 88c.@$1 10.
Rio coffee has been in fair demand, and, favored by small
receipts at Rio Janeiro, prices here advanced, fair selling at
9%c. for fair giade; but at the close, with the stock here con¬
siderably increased, and the demand less urgent, the tone is
rather weak at 9%c. for fair cargoes ; mild grades have been
moderately active and steady. Rice has been in fair demand
and firmer, as high as 8c. now being quoted for choice, though
the lower giades remain unchanged.
Tea has sold to the
extent of 12,000 packages at auction, and at the sale to-day
prices were generally a shade lower. Spices have been quiet,
and cassia and cloves have declined, while pepper has also been
rather weak. Foreign dried fruits have been quiet and with¬
out marked change.
Molasses has been in fair demand and
higher at 33^c^ for 50-degrees test and 55@78c. for New
Orleans. Raw sugar has been quiet most of the time, but
closes more active at an advance to
%c. for fair to good
refining and 8@8 l-16c. for 96-degrees test centrifugal.
10@16c.; 50

Receipts at—

3,398.400
124,5I4,0L6
35,262,329

for home consumption. Prices are firm at 6^@7^c. for lugs,
and 7%@12>£c. for leaf. Seed leaf has been quieter, and sales
for the week are only 1,054 cases, all from the crop of 1880, as
follows : 200 cases Pensylvania fillers, 6@6/£e., and assorted,

1881.

6016b
bales, against 72,031 bales last week, 86,779 bales the previous
week and 95,057 bales three weeks since;
making the total
receipts since the 1st of September, 1881, 4,006,508 bales, against
4,535,165 bales for the same period of 1880-81, showing a decrease
since September 1, 1881, of 528,657 bales.

Decrease.

Kentucky tobacco has continued rather quiet, but sales for
the week amount to 500 hhds., of which 425 for export and 75

February 24,

The Movement op thb Crop, as indicated by our
telegrams
from the South to-night, is given below. For the week
ending
this evening (Feb. 24), the total receipts have reached

M’head

C., &c

Norfolk

City Point, &<■

1,650

New York

3,315

130,776

7,195
6,215

Boston

5,086

160.5 i 2

5,331

38

17,950

1,727

51.041

....

Baltimore

..

..

Philadelp’a,&c.
Total

343,347 202,011

9,827

8.390

199

110,861
20,227

36,356

1.892

30,073

17,719

11,256
14,583

60.160 4,006,50." 138,359 1,535,105 1,078,789 864,941

In ordeT that comparison
may be made with other years, we
give below the totals at leading ports tor six.seasons.

Receipts at—
Galvest’n,&c.

1882.

4,447
16,341
3,408

1881.

1880.

17,661

9,812
45,186

1879.

1878.

13,954
46,353

19,366

All others....

10,742
10,381

12,550
6,754
1,107
11,653

14,091

11,097

14,587

7,082
38,016
7,967
11,362
7,134
3,460
6,905
12,423

Tot.this w’k.

60,160

138,359

102,995

110,047

94,349

New Orleans.

Mobile

Savannah....

6.942

Charl’st’n, <fcc
Wilm’gt’n, &c
Norfolk, &o..

6,336
1,563

46,950
10,578

4,831

7,565

15,505
12,064
2,141

8,513
6,031
2,610
10,334

.

'

1877.

6,13*

30,888
3,707
3,530
4,517
1,947
7,380
10,484

68,615

Since Sept. 1. 4006.503 4535,165 4201.820 3836,564 3579,054 3571,507

Galveeton includes Indiauola; Charleston includes Port Royal, &c.
j
Wilinlmgron includes Morehead City. &c.; Norfolk includes City Point. &•
The exports for the week

ending this evening reach a total
8%@8Mc. for standard “A.”
of 79,296 bales, of which 62,295 were to Great
Britain, 130 t#
Ingot copper has been quiet at 19c. for Lake Superior. Lead
has been quiet at 5 15@5'20c. Spelter has been quiet at 5*80@ France and 16,871 to rest of the Continent, while the stocks a*
made up this evening are now 1,078,789 bales. Below are the
5‘90c. for both foreign and domestic.
Pig iron has been quiet
for both Scotch and American, and the former especially has exports for the week and since September 1, 1881.
developed weakness, though without showing any quotable
1
Week Ending Feb. 24.
From Sept. 1, 1881. to Feb. 24,188*
change in particular; No. 1 American is quoted nominally at
Exported to—
Exported to—
Exports
$26@$27 and Glengarnock at $25@$26. Rails have been very
Great
Conti- Total
Great
C/ntifrom—
Total.
<juiet at $56@t58 nominally for American steel, $48@$50 for
Brit'n. France
nent.
Week. Britain. France
nent.
iron and $30 @$32 for old. Pig tin has been quiet at 25c. for
2,962
48,5)1 184,007
3,570
6,532 121,639 13,777
Straits ; plates have sold moderately at rather weak prices, Galveston
New Orleans..
12,286
2,304 14,650 388,270 170,480
152,681 711,431
especially for coke.
Mobile
4,899
29,58*
2,100
19,995
3,231
6,999
6,313
Strained rosin has been quiet at $2 30. Spirits turpentine has Florida
3,90#
3,900
been firmer of late at 52^c. Leather has sold
066
pretty well at Savannah
0,329
141,788 274.20#
7,295 116,982 15,43
steady prices. Hides have been fairly active and firmer. Lard Charleston *... 1,096
247,6**
127.214 18.287
102,021
2,819
4,515
oil has fallen to 89@90e. for prime city. Linseed oil has been Wilmington...
59,601
1,430
49,352
8,819
in good demand at 60@61c. Crude sperm oil has been firmer at Norfolk
248,68*
8,253
2,580
15,310
8,253 230,266
291,84*
14.371
13'
45,350
$1 05@$1 07^.
2,952 17,453 223.804 17,631
Hups have been dull, weak and nominal. New York
1
80,906
80.954
6,059
Clover has been taken moie freely for export at steady prices. Boston
6,‘ 5 i
73,40*
24,701
2,340
48,708
2,100
4,440
Refined petroleum has been dull and lower at 7%c. Manila Baltimore
200
36,27*
Philadelp’a,&c 3,! 00
33,079
3,100
hemp has been quiet at 10%c. and Sisal has declined to 5c. •
Total
Ocean freights, at some decline in rates, have
130 10,871 70,296 1,452,223 243,928
543,223 2,241,374
62,205
latterly been
more active in grain
Total mS0-8l 59 397 19.374 13 740 9? 511 !,858 433 377.331
<159 799 I2!s95.5a$
shipments, with a fair business in petro¬
•

•

....

.

.

•

leum charter*




*

include* export* from Port Royal, &c.

•

,

,

.

*5, 188*. J

February

2»

to-night also give
the following amounts of ootton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
prepared for our special use by Messrs Carey, Yale &
addition to

In

233

CHRONICLE*

THE

above exports, onr telegrams

93!
ail
93||
fill
5*1*® I

oa&g*
'n

00

P OB'*

48

~

e» <n-a

:

SELp*

•

g;*0.-

P'f—o*

4re

FflB.

24, AT—

Great

France.

Britain.

33.264

.

7,350
8,629

Mobile

Charleston
Savannah

....

8,500

4,089
14.773
5,900
5,000

Galveston

Norfolk

York

New

Total 1881

...

7,907

None.

Total.

74,356

350

17,232
21,200
24,932
14,773
6,900
6,000

7,350

3,400
943
None.
None

None.

1,000

1,000

None.

45.48-i
34.497

336,447
09.357

to
CO

71,614

5,717

172,743

906,046

69,889
78,823

17,542
7,186

215,108

649,833

0

05

M

0

O

0

O

7* 1 :

ports, and the

a

deliveries, and as they did not prove formidable, the
decline of yesterday was fully recovered. Cotton on the spot
has remained quittt, and prices are nominally unchanged. To¬
day the market was steadier, middling
The total sales for forward delivery for the week are 729,300
bales. For immediate delivery the total sales foot up this
~4;823 bales, including 2,686 for export, 1,987 for
March

uplands closing at ll%c.

week
consumption
in transit. Of the above, — bales

speculation and
were to arrive.
The following are the
sales for ?ach day of the past week.
Sat,

•Ordin’y.$tt>

81516

9*16

9*;e

9%

9%

9%

9%

1O&10

10°16

81516

8I5i6

912

Strict Ord..
Good Ord.. 10516
:Str. G’d Ord 10%

Wed

12

.

H71

11^16 11316

Fair

Wed

6

9%

114

1178

124
124

124
124

13

13

13%

13%

8%

84
94

SPOT AND

Ex¬

Con-

port.

sump.

307

267
311
285

1,705
474
200
....

2,686
vAV>UL V Vi lOo

on

The Sales

Specul’t'n

....

Holi¬

day.

TRANSIT.

Tran¬
sit.

....

Total.

9%

10316 10-ha
11*16 11816

.Holi day.
150

1,987

150

....

FUTURES.

Deliv¬
eries.

Sales.

131,600

400
500
800

789 193,700
685 176,400

300
300

4.823 729,300

1,800

574 127,100
2,016 100,500

759

589
535

^IVGU diJOVU

which they are
and

....

tfi

to

M M

05

d>dx

GO
0

^co^.

CO
0

t-'CO

Mo
• -jo

1

0

0

MiU

UUUYUMJU UUO UdJ

reDorted.

Prices of Futures are

follow¬

the
and

M

—

M H4

CO
O

c:6

GO

M

CO
-4

00

05

CO

05

M M

»-* M

MM

1 $00

00°

CO 00

too CO

05 O' m

8C1

1 &o

rfk.

M O

1

Mm^
h- b~

-job®

66°

M

M

to to

66

0

1 5)00

CD
O

M

to

1 s®
M*-*'cO

C

O

O

11 t?o
^0

~'o\

!coO

to to
to —

3 9,20 5 ,90

1
M M 4k

totfO

6®

to
05 CO

12-08— 912-0&3>1715,40

to to

66

^9®

to to
CO -O

OCM

M r-

MM

to

00 1
ox

6

O

e
0

O

tow®

OCO

COM

MM

M

MM

MM

66

-job

M Mo

mmo

M<—*£*

66®

-j6®

0. 01

-3 to

M M
MM

M M
*—* M

0

®

MM®
MM

M

MM

66

M M

M M 0

1 $
^’-‘OX
MM©

O

MM®

K-

to

1 $M

O

05

MM*,

0

O

0

O

co to
MCO

M M

M M

MM

66

M M

MCI

M

! $

M

bo
O
®

0
0

66®

m6®

wc

66

co

"‘M#,

M M

tOM©

MM©

CO

1—00

05 GO

MM

MM

MM

MM

MM

M M

66

4- M

If*. If*
too

-3 tO

0

o'

1

1 $

if*
MMO

66®

MlfL®

GO CO

one*

MMC0
HMq
O
W If*.

M

MM
MM

M

M M

!

1

1

•

!7

m

co

' ®

if*

Ci
MM

M

MM

7*

66

CO

050

0

66®
^

a
1

coco
Mm

MM

b

66

f

MO

1 9
*7

•

711
:
CO 1 •
0

^1

'Includes sales in September, 1881,
ber-October for October, 416.400;
511,200; September December for
January for January, 4,252,500;

MM©

L

H

1 ®

3

*-**—•

1

1 $
E 01
7* 1 O
to

1 $

1 $

1 $:

2

-3 0

to to

O4

%

M

66

66

M

§

S

66®

66®

000

if*

-jo

1 $to

1 $-

7* 1
to 1

MM®

*

ji

OCO

OCl

1 $

1 $.M
MM©

66

to

i

MM

MMM
mm©

Cl X

MM*o
MM©

MM

*7

W

MM®

tOM

05-3

Cl 00

M M

to too

MM

6©®

COCO

coo

Cl

! =* m
Mm^
M<J

Mmjk
MM0

M

M

MW
COCDm

O

1

66®
C5 O

to to

6>f*

11 fc?o
Cl®

OOCO

Mq

to to

COW

MM

;

July.

w®

to to

<J0C

M r- )_i
M

CO

1 $w
Mjp

WM®

Oi o»

MM©

cow®

0®

|_i

I $^

66

*

M *—

MM to
to too

1 $

,3k

tote©

H H

M

M

1 $«>

to too
0000

Cl c

S

®

M M

mm 00

6w®

05 O

M M ^3

to

to-l

I 6»®

!

1 $r*

Mif*.

1

00

S

totor-

toto0

MW
r-tO

w to

-lOr*

ww
05 05

to®

I $M

M

tote

W W

6

M M H

O' M

to to

to to
lf-M

to to

00

H-1 «—1

to to

1717®
to to 0

p

®

to

M

MM

1 $p

~

I $30
7* *“*05

to to 0

to®

to to
to

^®rt
1 $.w

O'
00

0

►“* h-

KM U-4

CO

Cn

M —

too

1

M M

to —

*7*7®
to

l£».—

CO

to to

I

1 ^®
l1

M —

to to

tow to

co^ico

tO O

M

,

05 O.

M

*-

May.

66®

105

-

M

M

M

to too

M 1—

tOM

COOco

1 $0

1 ^0
6®

—*

CO to

to 00 co

1 $.W

M M CO

-1 CO

oor*to

05 00 10

Hh

1

0

MCO

0

*-> M

tOM

if-

0

-JO

M

66

K-*

0

0 to

66

M

CO
0

COOP®

COCO

M M

CO

MM0

006®

-j-j

CjCO,o

3.

M — 0

M O

tOM

CO 05

05

i-(

MM 03

00
*

M M

coco®

M

coob

00 00
CO CO

MM

M M

6

CO to

M
MM

M M

MM

>—

O

6 -1°

MMO

M

1

O

j -j 6

-

r-1

Ml-*
M >-»

M

MMX

-3 00

1

s

1

M M CO
M •—* 0

MO

'

a

•

00 05 M

1

MO

2

CO

ow^.

M

0)0

<0

MM

-16

00

for September.

71
co
to

•r»

0
1 0
I

o*

2

314,000: Septem

September-November for November,
December, 1,479,100; September*
also sales for January, 1883, 400.
Transferable Orders—Saturday, ll*65c.; Monday, ll*65c.; Tuesday,
; Thursday, 11'40c.; Friday, ll'55o.
11-55c.; Wednesday,
The following exchanges have been made dnrirg the week;
•16
•16
*37
•81

pi.
pd.
pd.
pd.

to exch. 300 May for June.
to exoh. 100 Mty for June.
to exch. 1,000 Mar. for May.
to exch. 1,000 Mar. for Aug.

The Visible

Lpi

•19
*37

At
2,000 Mar. for Apr.
pd. to exch. 500 Mar. for May.

pd. to exoh.

Supply of Cotton, as

made np by cable

telegraph, is as follows. The Continental
of last Saturday, but the totals for Great

and

stocks are the figures
Britain and the afloat

consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (Feb. 24). we add the item of expo'ia
ixom

shown by the

1

Mr-

MM

1

1 6) CO

1

'

MM

05 O'CO

OCCco

05
CO

1:

M M

M

^ M

m

MM

O

M CO

M

Oxdi ®

cJ»d) 0

O

M

>— b->

M

0

0

.

05

MM CO

M M O

h- »-»

for the

ing comprehensive table. In this statement will be found
daily market, the prices of sales for each month each day,
tiw closing bids, in addition to the daily and total sales.




O' -Jx
Cn GO

CO

.

UIVX1J

O

0

9316

s%
9%

.

—V

m*-K)

s.

Cj
05

I 30

1

-J

Frl.

Th.

Frl.

-1—

—

*-‘09
HMq

13%

Th.

8%
9%

8%
9%

SALES OP

▼lous to that

M

O
O

MARKET AND SALES

Total

if-

0

13

Mon Tues Wed

10316 1031q 10316
11*16 11*16 113,e

Middling

.

0

O

lf“
iTl te iify.

Il'tB

13%

13%

;

Low Middling....

•Bat.. Firm
Mon Quiet
Tues. Dull
Wed
Thurs Easier...........
Fri. Firmer

1

13

9316
9%

13

$ lb

SPOT MARKET
CLOSED.

O

12

13%

13%

124
124

Sat.

Ordinary

13

H“ie Hill#
1178

117ig

STAINED.

food Ordinary
strict Good

If*

OOco

^ ^ to

cv

1 $:

*71:
' •

Q

VxOx
O’. 05 tO

M

M

12%
12%

12%

93 16

If18

Midd’g Fair

3 0916
11

11

12%
12%

Frl.

CJi^-

Ifl

1—

10%

124
12%
134

11
1 1716

Th.

lO^ie

124
12%
134

10916 30916

11

13%

934

12

10918

13%

94

12

9%

13%

105ltt

Middling...
Good Mid..
Str. G’d Mid

9%

13

9%

11^8

9%

13

81516

H*16
11^8

9%

13

Good Ord..
8tr. G’d Ord
Low Midd’g
*6fcr. L’wMid

9*16

12%
12%

Strict Ord..

10%

9*16

12%
12%

| Wed

Frl.

8«l6

Ordin’y.^Ib

9*ie

12%
12%

MM

M
h 4

11718 H7ir
l7ie
11716 11716
1H*16 lliiiR H1116 lUll6 m%« 111%6
11 78
1178
117a
1178
1178
1178

12%
12%
13%

Th.

9*16

1

12

12%
12%
13%

11

11

11*16
ll7ie
ll^S

11*16 11*16
Str.L’w Mid H716 11716
1158
Middling... ll^S
Low Midd’g

Good Mid.. 12
Str. G’d Mid 12%"
Midd’g Fair 12%
13%
Fair

109is 10»16

10%

10%

h-> M

Mon. Tues

Sat.

Mon Tues

Sat.

Iflou Tues

TEXA8.

0

COM
CC OX

•

M M

7,

ORLEANS.

NEW

UPLANDS.
Feb. 18 to
Feb. 21

official quotations anc

M M

M M 0

**

if*

business of

'

Ox

766,017

199,469

mm 00

.

M

MMco

1

05

1 d:

1 a

1 3

1 $;

0

7*1

|1

0
If-

CO

-J M

to

k—l

*7

1

ox

8|.*~

o

00

ft

8.S £

tO©-j

M

y-+

corf!

*•<3

6®'

M

M

7*|
OX 1

■

O

M —

M

to

O ®

Sri

6®

*

CO

2
903
B *""*

4 M©,®
to

sjfe;

6—^
3®-ig

^

25too =5' Swtoff

$7*^

^►9 cvf

to

6 m 7J

JH

i_.

o«b

p

S“2.

®

g§££
o-Mrg
S3.

CO

42,879
55,54 2

CO

150 for

CO

M

295,954
25,882

general acceptance of reduced crop estimates
•aused some of the bull party to recover confidence, and prices
continued to improve to the opening of Tuesday’s business.
Then the absence of an active demand, and discouraging foreign
advices, led to selling to realize, under which prices gave way
sharply, and on Thursday when the market re-opened there was
semi-panic caused.by the proposal of short-time at Manches¬
ter, to which the smaller receipts at the ports gave little
obstruction. It should be remarked that the rapid decline in
prices on the Stock Exchange has from sympathy operated
adversely to cotton futures. To-day was “notice day” for

the

a*

■

:

Stock.

the week was broken by a close holiday on
Wednesday. The speculation in futures opened Saturday with
a considerable show of strength to prices.
The small receipts at
The

M

:

00

Leaving

24
None.

8.253
9.300
19,900

30,087

1 83,3731

Coast¬
wise.

Other

Foreign

None.
None.
None.
None.
None.
None.
None.

97,731 I 29,946

1

cleared—for

33,161

7,907

87,505

Total

S° *+

*

00

Shipboard, not

On

."•gS*

to

Beaver Street.

Lambert, 60

KM

‘"wS-

•

93*!
ml

Continent are this

the United States,

week’s returns, and

including in it the exports of Friday omr*
1882.

Stock at

Liverpool

..bales. 742,000

Sthok at London.... ...........

Total Great

Britain stock

.

1381.

1880.

713,000 511,000

51,500 46,000
793,500 759,000

1879.

516,009

29,655 58,509
540,655 574,509

THE

234
1SS2.
Stock at Havre

1880.

1879.

137,000
4,580

43,670

150,500

1,182

3,000

18.781

19,500

1881.

151.000

CHRONICLE.

8tock at Marseilles

3.040

Stock at Barcelona

29.300

Stock at namnuj^'
Btock at Bremen

38,000
2,400

3,500

3.000

39.200

29,100

19,620

5,500
24,000

Stock at Amsterdam

16.GOO

30,000
1,080

25,400

42,750

1.002

8,500

884

600

3.500

Stock at Rotterdam
Stockat Antwerp

1,100

Stoo

at other conti’nlal ports.

7,830

6,910

2,417

6.000

Total continental porta....

259,686

242,354

115,675

260.250

Total European stocks..
1,053,186 1,001.354
India cotton alloat for Europe. 246,000
148.000
Amer’n cottoa afloat for Eur’pe 353,000
578,000
34.000
JSgypt,Brazil,&c.,aflt forEVpei
51,000
Stock ia United States ports
861.941
1,078.7S 9
in
Stock
U. S. interior ports...
327.630
284.155
United States exports to-day..
11,500
16,000

656,330

834,750
105,000

516

•

..

118.763

510,728
46,335

556,000
192,000
578,000
864,941
284,155
16,000

Continental stocks
American afloat for Europe....
35 -0000
United States stock
1,078.789
United States interior stocks.. 327,630
United States exports to-day..
14,500
Total American

382,000
103,000
510,728

390,000

965,486
316.972
16.000

796,906
170.43818,000

222,000
655.060

2,457,919 2,491,096 2,294,186 2,252.344

East Indian,Brazil, dtc.—
r» verpool stock
London stock
Continental stocks
India afloat for Europe

Egypt, Brazil, &e., afloat

216,000
53,500
101,686

157,000

129,000

46,000

29,655

58.500

50,354

12,675

246,000

33.250

51,000

148,000
34,000

118.763
46.335

105.000
22.000

666.186

435,354

336,428

349.750

,

Total East India, &g
Total American

.

126,000

.2,457,919 2,491,096 2,294,186 2,252,344

Total visible supply
Prioe Mid. Upl., Liverpool

3.124.105 2,926,450 2,630,614 2,602.094

o"iod.

6%l.

5%!.

W The imports into Continental ports this week have been
77.800 bales.
The above figures indicate an increase in the cotton in
sight

to-night of 197,655 bales

compared with the same date of 1881,
as compared with the
corres¬

as

increase of 493,491

an

bales

ponding date of 1880 and

an

pared with 1879.

increase of 522,011 bales

towns.
HECEirTS FROM PLANTATIONS.

Week

Receipts at the Ports.

tnding—

’79-’c0. ’80-’8l. ’81-’82

IS,000

American—

526,000
158,000

the interior stocks. We reach
therefore, a safer conclusion through a comparative statement
like the following. In reply to frequent
inquiries we will add
that these figures, of course, do not include overland
receipts or
Southern consumption; they are
simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the
out-ports.
P
23F* We have revised the figures of stocks and the
receipts
from plantations on the basis of the stocks at the
twenty-six
interior towns given in the table of interior movement.
Here¬
tofore it has been made up on the basis of the nineteen
old

796.906
170,438

Total visible supply
3,124,105 2,926,450 2.630,614 2,602,094
OX the aoove, the totals of American and other descriptions areas follow s:

Liverpool stock

than another, at the expense of

655,000
22,000

965.486
316.972
16,000

..

as com¬

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

[VOL. XXXIV

9

Dec.
«l

-3

It

30
6

Jan.
II

129,489 129,604 114,868 370.412
20
108,280 138.S79 99,990 383.923
II
27...... 137.191 135,070 92,081 350.701
Feb.
3.
112.363 147.129 95,057 382.534
41
10
119,551 133.723 86,779 371,685
17
115.307 140,539 72,031 351,707
•>
24
102.935 134.359 60,160 341.022
13

41

....

“

H

©

©

trt

«-*•

p

PS

80

ccrrr-.prz

§©25.5^

to

ac

1

©

1

©i

CO

o»

]

O

CO

Ef

?

-

S
;

CD

s=

•

h-

•

p

r »>,

S5®*

<oj—p
-

;•••••*.
c:
; :
.

•

CC

•

•

M

•

t

were

60,160 bales, the

actual

movement from

£:

p t

H

to
CO
H-1 K to ©> »-*

cr. ©i to ©» -i -105
tc *© *- C IP © —

°

to

1

©• CO

^!

y>

y,
GO

were

92,310 balesi

.

Amount of Cotton in sight February 24 — In the table
below we give the receipts from plantations in another form,
and add to them the net overland movement to
February 1, and
also the takings by Southern spinners to the same date, so as to

give substantially the amount of cotton now in sight. We shall
bringing it down to the close

continue this statement hereafter
of each week.

CD

to-night,

M
dj ©i

cc co

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>

rt

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—

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© i© -lVl 00 ©*©
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on
C. 1C C CC X c I© l-1 ©i r-.J 3: 1-0 tc Ci »© tO Ot
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of the rivers

Southwest.

©

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ccccociccci^c-aoicii-jcoc
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cc cc

►— i

Otherwise the conditions have been

more

favor¬

on

two

plowing going on in the uplands, but none in
Average thermometer 66, highest 79 and lowest 50.

some

Texas.—Telegram not received.
Brenham, Texas.—The weather has been warm and dry
during the past week, but as the wreek closes it looks threaten¬
ing. Some farm work is progressing on the uplands, but the
streams

are

still overflowed.

The'thermometer has

ranged from

49 to

75, averaging 60.
Palestine, Texas.—The weather has been warm and dry
during the past week. Farmers are busy preparing for the
next crop.
The thermometer has averaged 58, ranging from 40

i©©'G©CC--)CC-Ji©05CO

! cd

general

during the past week, but the overflowing
and the interruption of railroad travel has in
interfered with crop movements in the West and

Dallas,

13*1*
!"1 a

HOOHtCM«|4

0)10 35 ©» 05 © C tO C5 ‘y 10
— ©5 ©•
C5 -) M CO tc to CO G

—-

•4 4-C.CCCJiW
C CMC t
C. ©

This year's

&

CO

»©

Telegraph.—The rainfall has in

insight

days of the
past week, the rainfall reaching thirty-three hundredths of an
inch. Plowing has been resumed to some extent, but the ground
is still very wet, and the lowlands are overflowed in many sec¬
tions. Average thermometer 62, highest 74 and lowest 49.
Indianola, Texas.—It has drizzled on one day of the past
week, the rainfall reaching but one hundredth of an inch.
bottoms.

tc cr ©i

.

© I
QO

—

—

X

f‘
©1
w

>u to

—

by

Galveston, Texas.—We have had showers

IZ

©

4,735,791 5,298,834

.

able.

There is

^5-

4,323,513 4,813,915
337.278
374,919
HO,OCO
125,000

been less at the South
some measure

*

to M

sight.

ST

3o
© D5

<*

1

CO

a

‘m-

C5 rfM© ©
tc >© © M © M C5 X ©> X ©1 © -J
CC © rc

tc

"co cc co t-"co ©i r o
1 c co era coco
arvj ©iv©i X) CD

"5

M

*0 M CC it- tc tc O? M to i© C <1 CC ©1 CO©
© CC©*
C © 05 ©C5 tOMCC CChvJ^io

CC

o
©

mm

1 tc to

-

1

*-

1880-81.

he scon by the above that the decrease in amount
as compared with last year, is Z 12,04.3 bales.

Weather Reports
rt

M

a
•©

1881-82.

Total in

1

to

or co -1 x o: to t o tc cc an

past week
plantations was

only 50,136 bales, the balance being taken from the stocks at
the interior towns.
Last year the receipts from the planta¬
tions for the same week were 143,397 bales and for 1880
they

Total receipts from plantations
Net overland to February 1
Southern consumption to February 1

3?

r:
|

in
in

Receipts at the ports to February 24
bales. 4,000,508 4,535,165
278.750
Sept. 1 on Feb. 2-4
317,005

G

QS3-

•

139,502

Interior stocks iirexcess of

lo©*-p- £)
t© fg; vj • —. p

*5©;

205 370

The above statement shows—
‘
1. That'the total receipts from the plantations since
Sept. 1
1881-82 were 4,323,513 bales; in 1S80-81 were 4,813,915
bales;
1879-80 were 4,527,844 bales.
2. That, although the receipts at the out-ports
the

It will

to
co
CD

f; P

; : %\

©

•

re1S‘!i= li f |i.! ec ! ||
f$S-.®gi|SS.^3£5il«§Bg

*—•

o

O

•

w > C k o < x jr c 25 2 2P g; K a >

©

©

t+

r*

•

r-1

£

S3
•

Q*

©^

© -

a>

n
o

215.857

266,513
213,343

3(9.550 435,050 130.812 1(1,490 96,259
309,262 419 043 175,791 138.591 83,a83
300.321 400,986 139,969 122,129 74,024
317,866 390.019 106.196 158,674 84,000
SI 3.837 3S0.528 106,985 129,604
77,298
312.550 372,454 95,349 145,232 63,967
317.588 302.430 92,310 143.397 50,130

corresponding
period of 1880-81—is set out in detail in the following statement:
H

Plant’ns.

’79-’60. ’80-’8l. ,81-,82 ,75-’80. ’80-’81.
’31-’S2.

234,870 243,137 233,344 341,817 303.003 415,599 265.078 258.723
218,907 238,490 236,576 307.951 336.832 445,536 245,011 272,319
207,601 237.980 201,8:5 390.471 353.4S7 457,024 230,121 254,635
154,306 190,435 195.806 381.153 363,025 460,580 144,988 205,973
149,486 110,735 152,429 375,085 337,604 453,059 143,422 85,374

....

16

ti

SVk atlnterior Towns. Rec'pts from

c c< -1

’

w

* © —* -1 —«

?*#
tc£

to 70.

Cl

A'em

figures estimated.

The above totals show that the old interior stocks
have de¬
creased during the week 9,281
bahs, and are to-night 43,475
bales moi e than at the same period last
year. The
at
the same towns have been 31,426 bales less than the receipts
same week

"last year, and since Sept. 1 the
receipts at all the towns
277,804 bales less than for the same time in 1880-81.

are

Orleans, Louisiana.—It has rained on one day of the
past week, the rainfall reaching two hundredths of an inch.
The thermometer has
averaged 65.

Shreveport.

Louisiana.—We

•

have

had

generally fair

weather during the past week, with heavy rain and high winds
on the 20th.
The rainfall reached one inch and seventy-five
hundredths. The thermometer lias ranged from 37 to 78.

Vicksburg, Mississippi.—It has rained on three days ot the
Plantations.—The following table is past week. The
threatening waters retarded planting.
prepared for the purpose of indicating the actual movement each
Columbus, Mississippi.—We have had rain on one day ot
,week from the plantations. Receipts at the
outports are some- the past week, the rainfall reaching fifty-tw'o hundredths of an
vi times misleading, as
they are made up more largely one year inch. Average thermometer 61, highest 76 and lowest 40.
Receipts




from

the

February

been cloudy on three days of
day, and the remainder of the
has ranged from 29 to

Ellison & Co.’s

Tittle Rock, Arkansas —It lias
the oast week, with rain on one
week has been clear. The thermometer

take from it the

74

since his

and the rainfall reached forty-five hundredths
°*jSfashviile,Tennessee.—It has rained on two days during the
mst week. The thermometer lias averaged 53, ranging from 3L
to 71, and the rainfall reached one inch and twenty-three linn^Mobile, Alabama—It was showery on three days the early
part of the past week, but the latter portion has been clear and
pleasant. The thermometer has ranged from 41 to 76, averagin*- 61, and the rainfall reached thirteen hundredths of an inch.
Montgomery, Alabama—It has rained on one day of the
past week, and the balance of the week has been pleasant and
cold. The rainfall reached thirty-five hundredths of an inch.
The thermometer has averaged 61, the highest being 79 and the
^Selma, Alabama.—We had rain on one day the early part of
the past' week, but the latter portion has been clear and
pleasant. The rainfall reached thirty hundredths of an inch.
The thermometer has averaged 58.
Madison, Florida— Telegram not received.
Macon, Georgia.—We have had rain on one day of the past
week. The thermometer has ranged from 35 to 75, averaging 57.
averaging 53,

Georgia.—It has rained on one day during the
the rainfall reaching sixteen hundredths of an inch.
Average thermometer 66, highest 70 and lowest 48.
Savannah, Georgia.—It has rained very lightly on one day
of the past week, and the balance of the week has been
pleasant. The rainfall reached one hundredth of an inch.
The thermometer has ranged from 42 to 78, averaging 61.
Columbus,

past week,

that

Carolina —We have had no rain during

past week. The thermometer has averaged 60, the highest
being 78 and the lowest 43.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
February 23, 1882, and February 24, 1881.
,

mark
.Above low-water mark.
Above liigli-water

New Orleans

34

Inch.
11
11
10
3

2 4. ’SI

Feet.
13
31
20

consumption, and

had overtaken

that

operators was shaken by the outbreak of a financial panic at
Paris, which, by leading to large withdrawals of gold from
London, caused the Bank rate of discount to be put up to 6 per
cent.
The upshot was a preponderance of sellers, and a
decline of l-16d. to %d. in spots and %d. to 5-32d. in futures,
between the 28th and 31st of the month. During the .subse¬
quent three days confidence gradually revived iu sympathy
with the subsidence of the panic in Paris, and “ futures ” recov¬
ered 3-32d.
Since then the general tendency has been in
favor of buyers, owing to the weakness displayed by New Y~ork,
and the final prices are
to 3-16d. on the spot and 5-32d. to
3-16d. in futures lower than on the 3d inst., or J£d. on the spot
and 3-32d. to %d. for futures lower than at the end of Decem¬

the

Feet.
1

production

long the mills might find it necessary to curtail the
out-turn of yarns and goods. Moreover, the- confidence of

Georgia.—The past week has been favorable for
operations. The rainfall reached one inch and forty-one
hundredths. The thermometer has averaged 52*6, ranging from

00 ri Feb.

1 TO FEB. 9.

ere

Atlanta,

Feb. 2 00

following review of the course of the market
previous circular.
•

The market closed quietly at the end of December, but an
improvement was expected after the holidays. This anticipa¬
tion, however, was not realized. New York was feeble, and
spinners operated sparingly. The tone, therefore, was weak,
and on the 5th January the rates current showed a decline of
l-16d. on the spot and 3-32d to %d. for futures compared with
the prices quoted on the 31st December. During the subse¬
quent fortuight confidence revived, owing to the support given
by the reduced scale of receipts to the smaller crop estimates,
and to an increased demand from spinners in consequence of a
little'more activity in Manchester
The result was a good
business, accompanied by an advance of 3-16d. on the spot and
/|d. to 9-32d. for futures, near positions touching 6%d. and
distant 7d. These prices brought out sell ars and drove away
buyers, and between the 19th and 23rd January there was a
fall of l-16d. on the spot and hsd. to 5-32d. in futures. The
greater part of this fall was recovered between the 23rd and
28th of the month on the strength of the continued small
receipts at the American ports; but there was no response
from Manchester, and with liberal supplies from India and
other countries, the opinion was growing that, even with a
small American crop, there would be no scarcity of cotton.
Moreover, the absolutely stagnant, not to say* depressed,
condition of the Eastern markets created an impression

farm

Charleston, South

for February.—We have this
circular, dated February 9, and

COURSE OF THE LIVERPOOL MARKET, JAN.

highest 78 and lowest 34.

33 to 72.

Circular

week received Mr. Ellison’s

Augusta, Georgia.—It has rained lightly on two days of the
past week. The weather has been cool and pleasant. The rain¬
fall reached nineteen hundredths of an inch. Average ther¬
mometer 60,

235

CHRONICLE

THE

25,1862. J

ber.

The final quotations on the spot compared with those of
December 31 show a fall in American of
for good ordin-

Inch.
2

9

3-16d. for low middling, and %d. for the better grades.
are partially l-16d. lower.
Brown Egyptian has lost
6
5
.Above low-water mark.
%d. to had. per lb. and white %d. per lb. Surats show a
decline of l-16d. to %&. for Broach, 3-16d. to %d. for Dhollera
New Orleans reported below high-water mark of 1871 until
and Oomrawuttee, l-16d. for Gomptah and Y$d. to 3-16d. for
Sept. 9, 1874, when the zero of gauge was changed to high-water Bengal.
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
The following is an account of the principal fluctuations in
1871. or 16 feet above low-water mark at that point.
the price of middling upland on the spot and for forward
New Secretary of the National Cotton Exchange.—The delivery since the opening of the year :
New Orleans Times-Democrat gives the following correspond¬
.Tan. Feb.- Mar. Apr. Mag- \j’ne* Pig- Augence.
We regret that Mr. Hester has found it necessary to
Feb. Mar. Apr. Mag. J'ne. rig. A ug. Sept.
Spot.
resign his position as Secretary of the National Cotton* Ex¬
change. He has been a very efficient and capable officer.
1
1881.
Above low-water mark.
Above low-water mark.

34
31
44

23
39

arjq

10
11

Brazils

New Orleans, Feb. 17, IS82.
Bush. President National Cotton Exchange:
Sir—In accordance with my verbal notice to you, given in the early
part of December last, I now beg to tender my resignation of the secre¬
taryship of the National Cotton Exchange of America. I need hardly

Dee. 31
188 2._
Jan.
4 4
19
44
•23
44
28
44
3 L
3:
Feb.
9

Hon. Louis

the reluctance with which I sever my connection with your
Exchange, and the step is taken only after long deliberation and a
thorough conviction of the impossibility of devoting to the office the
time now occupied by the more pressing duties of my position as Secre¬
tary aiul Superintendent of the New Orleans Cotton Exchange.
Permit me to say that while .unable to attend to the secretaryship of
your Exchange, I shall be pleased to render any assistance toward
furthering the objects or enhancing the interests of the National Cotton
Exchange, and as one of the originators of the institution shall at all
times hold myself in readiness to render it such service as may lie
express

of yesterday, tendering your resig¬
Cotton Exchange, has been received.
While admitting the imperative necessity which urges you to tender
your resignation, allow me to say that it is accepted with sincere regret.
Every member of theExeoutive Council with whom you are acquainted
has expressed great regret that you should be compelled to resign, and
I take great pleasure when severing our official relations to acknowledge
the ability, accuracy and efficiency with which you have executed your
trust, which recognition, I am sure, will be presented to you in a more
authoritative mauuer at the next session of the National Cotton Ex¬
Dear Sir— Your communication
nation as Secretary of the National

change.

With great

respect, I remain, dear sir, j-our obedient servant,
New

Mr. Harrison C. Parker,
Dear Sir—With the

Council, you

are

Louis Busii, President.
Orleans, Feb. 18, 1882.

,

Hon. Louis Bush, Prcsideyit National Cotton Exchange:
Dear Sir—The appointment to the secretaryship of the National Cot¬
ton Exchange, tendered in your communication of this date, is accepted

C)2o32
17*32

t>31 •}«> 7

G*4?o
6-8
162i>33
6213 2 611 M OH
078
63132 7
6*43-1 6*432 6*
;62^
69is 6% GMl,. OH
6*7., o
6-J5le 7
6*132
6*1.32 62*32, 62339 613l8
(jl*2
ItilTjo

MARKET, JAN.

1 TO FEB. 9.

'

business, especially as cotton was
was recovered.
During the past fortnight dulness has again
been the ruling feature of the market. The demand has fallen
to small dimensions, owing to the unsatisfactory tenor of the
advices from the large Eastern markets, where considerable
stocks have accumulated ; and the tone at the close is dull at a
fall of %d. to %d. in yarn and l^d. to 3d. in shirtings from

^the rates current at the close of
MOVEMENTS DURING THE

December.

SEASON, OCT.

1 TO JAN. 31.

The deliveries to English and Continental
the first four months of the season compare as

figures for the

1881-82.
No. of bales.

.

Av.wglit (lbs)
Tot.wght(lbs)
Bales of 400
lbs

spinners daringfollows with the

corresponding period of last season :
Continent.

Great Britain.

approval and concurrence of the Executive
hereby appointed Secretary of the National Cotton

Louis Bush, President.
,New Orleans, Feb. 18, 1882.

619-12 6**33 Gnir>!6^.

%d. in yarn
induced more
hardening, and the decline

New Orleans:

Exchauge.
Be pleased to signify your acceptance or refusal of the trust.
I am, sir, your obedient servant,

6° 16

The market opened quietly and prices gave way
and l/£d. to 3d. per piece in shirtings. The fall

Feb. IS, 1832.

Mr. H. G. Hester, New Orleans:

.

6 Lj

62932

6-432 G27.j2 6~k

COURSE OF THE MANCHESTER

Henry G. Hester.

New Orleans,

61732

f>34
OH
0* 11G C®8
61116 6-;>3o
69ig
0*8

4 4

Your obedient servant,

within my power.

(»916 6L3

613,* 67e

62 5;lo

61932 6^8
•

1880-81.

1881-82.

914,290

1830-81.

851,350

1.174,430

1,089,430

442

454

438

441

519,093,060

494,G01,220

400,459,020

375,445,350

1.298.000

1.236,000

1,001.000

938,000

The present rate of consumption we estimate at 70,000 bales
400 lbs. per week for Great Britain, aud at 58,QQ0 for the
of
py111©-.
With
aid,
and
the
instruction
and
assistance
proffered
by
your
the retiring Secretary, Mr. Honry G. Hester, I hope to fulfli the duties of
Continent; against 67,000 to 68,000 for Great Britain, au<h
the position.
Hespeotf ully yours,
54,000 to 55,000 for the Continent, twelve months ago.
11. C, Parker.




IRE

CHRONICLE.

[Vol.

XiXIT.

in January we placed the excess at only
We did this on tne ground that thie rate of com.
and
as follows, sumption would be restricted by the higher average range of
of400 lbs.:
rices, while the wants of spinners in 1881-82 would also be
iminished by the using up of some portion of the stocks at
Continent.
Great Britain.
the mills at the close of 1880-81. In this connection we may
1880-31.
1881-82.
1881-82. 1880-81.
state that a valued New England correspondent estimates that
112,000 the consumption of cotton in the production of mixed fabrics
27,000 *240,000
25,000
Surplus stock, Oct. 1
1,298,000 1,230,000 1,001,000 938,000 (wool and cotton), which was exceptionally large last season
Deliveries to Jan. 31
will this season be reduced by at least 60,000 bales.
1,323,000 1,263,000 1,241,000 1,050,000
Supply.
926,000
It should be borne in mind that our January estimates were
986,000
1,190,000 1,L49,000
Consumption, 17 weeks
based on an American crop of 5,500,000 bales; we believe, how¬
124,000
255,000
114,000
133,000
Surplus stock Jan. 31
ever, that the yield will come out much larger than this, and,
consequently, that the deliveries to both American and Eu¬
PROSPECTS.
ropean spinners may exceed our estimates.
Our contention is
not that the crop will be so small as 5,500,000 bales, but that if
Certain ingenious and not over-scrupulous critics affect to be it should, as some say, not exceed this figure, there will, never*surprised that whereas in October we calculated that, under theless, be plenty of cotton for the world’s requirements. The
certain conditions, the world could do with an American crop nearer the crop is to 6,000,000 bales the lower will be the aver¬
of 6,215,000 bales, in January, under very different conditions, we
age price, and the greater the deliveries to consumers.
estimated that a crop of 5,500,000 bales would be sufficient; but
Jute Butts, Bagging, Etc.—The market does not show muck
they are not honest enough to state the grounds upon which the
two estimates were given. It does not suit their purpose to activity, and the demand is only of a jobbing character. Tht
state that in October we said that a crop of 6,215,000 would sales are about 600 rolls, various grades, at full figures, and
further orders are in market. Large lots are not inquired for,
give all the cotton required by the world, and leave the
and it is only when a low price is named that any business can
m the ports and at the mills at the close as large as at the
opening of the season, that is, 1,488,000 bales, against 1,007,000 be done. Sellers are not disposed to make any concessions,
in 1&80 and 673,000 in 1879; and that “if the stocks were however, and continue to name 8%c. for 1% lbs., 9c for 1\
reduced to the level touched at the close of September, 1880, lbs., 9%c. for 2 lbs. and 10%c. for standard grades. Butts are
there would remain 481,000 bales available for consumption, in also dull, and we do not hear of any large transactions, while
which case an American crop of 5,734,000 bales would suffice in small parcels only a moderate amount of business is doing.
for the probable wants of the world.” Nor are they straight¬ There have been sales of 1,000 bales, in lots, at 25/6@2%c. for
forward enough to say that in view of the then prospect of paper quality and 2%@3c. for bagging qualities, and the mar¬
supply we stated that whatever might be the fluctuations in ket eloses steady at these quotations.

movements for

On the basis of the foregoing estimates, the
the seventeen weeks of this season
last compare
in \bales of the uniform weight

than in 1880-81; but

35,000 bales.

stocks

'

would be rather under than over that of
6/£d.
changes have taken place in
respect of both supply and consumption. The current esti¬
mates of the probable out-turn of the American crop are con¬
siderably reduced ; but the extent of the yield is still a matter
of guess-work. The result is that prices, instead of sinking to
a lower average than 6%d., have risen considerably above that
figure, while an important premium has been paid for distant
futures. The advance in price has checked business through¬
out the world ; the working up of old contracts has kept up an
appearance of activity, but the slow giving out of new con¬
tracts has made it impossible for producers to get an advance
in prices equivalent to the rise in cotton ; and already stocks
are beginning to accumulate.
The advance in prices has dis¬
closed the fact that the enormous production of the past two
seasons has not yet gone into consumption ; whereas, if prices
had remained at a low level, this circumstance would have
remained out of sight until much later in the season. In this
respect, therefore, the outlook to-day is distinctly different
from that which presented itself in October.
Moreover, while the supply of American cotton promises to
be smaller than appeared probable in October, that from India
and miscellaneous sources promises to be much larger. This
accounts for the revised estimates given in our January Annual,
which compare as follows with the figures put f Drth in October :
prices, the average

the previous season, which was
Since October very important

-

AcVl imp't
Oct. to Dec.

Fa»t Indies
"F.flrvnt

Sminries
Tn+n1

Sales of

’.

Estimate
Jan. to

for

Sept.

Total for
Season.

October
estimate.

1,424,000
446,000

360,000

475.000

450,000
360,000

1,880,000

2,345,000

1,960,000

1,210,000

465.000

400lbs

3931b.

4001b.

2,304,000

1,960,000

supply of 344,000 bales
sinking below 6^d., have
advanced to 6%d. for spot cotton, and to 6%d. to 7d. for dis¬
tant futures, the large stock with which the season commenced
may safely be trenched upon to the extent of 376,000 bales, as
the quantity left will still be over 200,000 bales larger than in
September, 1881, and nearly 500,000 bales larger than in Sep¬
tember, 1880. In October we estimated the probable require¬
ments of Europe at 128,400 bales per week, but as activity
reigned in every manufacturing centre, and as prices promised
to be rather lower than in the previous season, we thought it
possible that the actual consumption might reach 129,000 bales
per week. Now, however, with the changed aspect of affairs
brought about by higher prices, and by the discovery that the
leading markets are full of stocks, it is doubtful if the rate
will exceed 128,000 bales per week, while it may be slightly
There is here an increased probable
of 400 lbs.
As prices, instead of

€88.
If

comparison of the port

constantly have before him the data

follows:

together the 344,000 bales increased supply from
India, &c., the 376,000 bales to be taken out of stock, and the
52,000 bales reduced estimate of consumption, we get a total of
770,000 bales of 400 lbs., or nearly 700,000 bales of American
weight, which, deducted from the 6,215,000 bales American
add

leaves only 5,512,000 wanted
under the altered circumstances which have transpired since
that date. It would no doubt have better suited the interests
of our critics if we had attempted to show that the world could
not do with Less than 6,215,000 bales; but we never try to square
present circumstances with previous forecasts; when a change
takes place we accept the alteration, and at once proceed to
examine the situation from the new standpoint.
In
October report we estimated the requirements of the
United States, Canada and Mexico>t about 100,000 bales more
our




Tear

Monthly
Receipts.

1881.

Bept’mb’r
October..

Novemb’r
Decemb’r

January

.

1880.

458,478
425,770
968,318
887,349
951,078 1,006,501
983,440 1,020,802
543,912 571,701

Beginning September 1.
1879.

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

1877.

1878.

98,491

288,848
689,264

578,533

779,237

822,493

893,664
618,727

900,119

689,610

1876.

236,868
675,260
901,392
787,769
500,680*

Total year 3,741,549 4,025,800 3,763,011 3,269,740 3,039.246 3,101.96$*

Pero’tage of tot. port
receipts Jan. 31...

6853

7108

73 52

75*34

76-82

that up to Jam. 31 the receipts at the*
284,251 bales less than in 1880-81 and
26,462 bales less than at the same time in 1879-80. 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 movement
This statement shows

ports this

year were

for the different years.
1881-92.

1880-81.

1879-80.

1878-79.

1877-78.

1876-77

3,741,549 4,025,800 3,768,011 3,269,740 3,089,246 3,101,969
28,495
23,468
36.304
8.
22,962
12,592
Teb. 1....
22,487
19,795
8.
“
13,075
22,580
11,049
2....
8.
28,011
“
23,729
20,354
21,769
3...
22,348
8.
35,541
“
38,564
15,208
27,938
4...
10,059
23,732
20,000
“
15,582
23,999
26.031
S.
5....
25,353
22,343
23,378
S.
21,929
6....
16,697
17,140
1.6,653
“
25,634
11,289
20,763
7....
14,970
19,637
22,806
8.
“
24,175
23,435
Tot. Jn.31

“

“

8....

12,207

9....

“

11....

“

12....

S.

27,674
29,688

“

10....

’

17,049

“

13....

15,440

8.

“

14....

10,750

“

15...:

9,647

“

16....

28,391
10,070
18,579
20,037
39,774
17,936

“

“
“

9,389

18....

16,183
8,707

19....

8.

17....

20....

12,725

8.

17,632
25,523
20,967
8.

23,239
18,058
14,386
21,994
16,663
20,960

21....

13,626

26,277

22....

5,341

15,760

8.

“

23....

5,712

16,873

18,684

24....

14,049

22,963

“

34,476
19,174
22,370
21,048
29,598
16,652

12,915
18,057

“

“

8.

34,438

18,721

13,350
19,496
10,622

-

apparently required in October,

for seeing the exact relative
movement each month

movement for the years named. The
since September 1, 1881, has been as

“

we

movement by weeks is not accurate

the weeks in different years do not end on the same day of
the month. We have consequently added to our other standing
tables a. daily and monthly statement, that the reader may
as

1,150,000

280,000

184,000
166,000
115,000

Daily Crop Movement.—

Comparative Port Receipts and
A

10,628

'

15,100

25,768

8.

15,700

26,965

8.

23,264

29,647
24,479

20,075
14,800

11,948

19,896

20,474

8.

13,249

19,536

33,559

8.

11,673

28,820.

30,281
16,474

19,420

14,837
14,650
20,245

11,793
7,329

14,219

18,965

11,730

19,408
24,159

13,298
8.

8.

28,476

8.

18,071

8,896

3,498,924 3,510,508
4,006,508 4,496,615 4,149,097 3,768,291
Percentage of total
8693
80-49
84-73
82-95
76-55
port rec'pts Feb. 24

Total

.

1 up to
to the same
than they were
add the. table
the percentages of total port receipts which had been received te
February 24 in each of tne years named.
This statement shows that the receipts since Sept.
to-night are now 490,107 bales less than they were
day of the month in 1881 and 142,589 bales less
to the same day of the month in 1880.. We
to

1

Ports.—The figures which
now collected for us, and forwarded by cable each Friday, of
the shipments from Calcutta, Madras, Tuticorin, Carwar, &c.,
finable us in connection with our previously-received report from
Bombay to furnish onr readers with a full and complete India
movement for each week. We first give the Bombay statement
for the week and year, bringing the figures down to Feb. 23.

York since **Kpr. i. imsi.

Exportsof Cotton (bales) from New

Movement from all

cotton

Iin)IA

237

THE CHRONICLE.

25,1882.]

February

Same

Week ending-

Total
since

period
prevVus

Sept. 1.

year.

mre

Ch’eal

BriVn.

Total.

nent

Britain

1,342

3,804 13.810 222.877 198.694
531
5,987
9,140

Total to Great Britain 11,054 17,138

3,804 14,371 223,864 207,834

Week.

150

523

Havre

130

556

260

25,205

17,631

Other French ports

......

523

269

556

130

17,631

25,205

1,211

1,595

22,998
15,652

Total French
.

40,000

5,000

5,000
1881
1880 13,000 14,000 27,000
12.000 12,000
1879

47,000

31,000

344,000
204,000
190,000
134,000

229,000 59,000
109,000 35.000
114,000 38,000
70,000 25,000

74,000
69,000
67,000
39,000

22,000 155,000

1882 22,000

Total.

ID..

10,904 15.346

Other British ports

Since
Jan. 1

This

Conti¬
nent.

Great

Conti¬

F b.
22.

Feb.

Feb.
8.

Feb.
1.

Liverpool

Receipts.

Shipments since Jan. 1.

week.

Shipments this
Tear

FOUR YEARS.

RECEIPTS AND SHIPMENTS FOR

BOMBAY

Exported to—

Bremen and Hanover

....

Hamburg
Other ports
Total to North. Europe

1,211

1,827

2,144

26.479

30
150

502

75 s
50

13,355
4,479

1,775

2,329

2,952

41,313

5,352

44,002

837
460
foregoing, Bombay appears to show an Spain, Op’rto, Gibralt’r,&o
200
953
200
compared with last year in the week’s receipts of 24,000 ALL other
bales, and an increase in shipments of 17,000 bales, and the Total Spain, &e
1,037
200
1,413
shipments since January 1 show an increase of 120,000 bales.
6.689 17.453 291.845 •278.454
12.988 19.223
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for Grand Total
the same week and years has been as follows.
The Following are the Receipts of Cotton at New York,
Boston, Philadelphia and Baltimore for the past week, and
CALCUTTA, MADRAS, TUTICORIN, CARWAR, RANGOON AND KURRACHEE.

According to the

increase

-

Shipments since January 1.

Shipments this week.
Year.

Great

Conti¬

Britain.

nent.

12,000
1,000

1882.!
1R81

21,000

2,000

3,000

September 1, 1831:

109,00?

106,000
17,000

37,000

Sept. 1.

This
week.

the movement from
bales more than same

is

therefore, the total ship¬
ments this week and since Jan. 1,18S2, and for the corresponding
weeks and periods of the two previous years, are as follows.

Savannah

! 89.591
5,747.203,759

Mobile
Florida.
8.CarMina

2,238 126,',*09

1,676

1,67 6

974

29,614
4,863

EXPORTS TO EUROPE FROM

ALL INDIA.
1880.

1881.

1882.

Shipments

all Europe

to

from,—

Since
Jan. 1.

22,000

229,000
109,000

5,000
3,000

109,000

24,900

46,000

333,000

8,000

215,000

Bombay
All other p’rts.
Total

Since
Jan. 1.

This
week.

Since
Jan. 1,

This
week.

This
week.

27,000

114,000
17.000

27,000

131,000

106,000

This last statement affords a very interesting comparison of the
total movement for the week ending Feb. 23, and for the three
years up

7*016

”*67

.

2,lll| 55,919
2,329,158,745

NCar’lina

Virginia...
North.,pts

|

1,832

3,315 130,776

Ten n.. Ac.

Foreign

| This
l.j wed:.

Since

Since

Sept,

This
week.

Sept. 1.

Since

Sept. 1.

3,154 159,154

N. Orl’ans
Texas....
...

The above totals for this week show that
the ports other than Bombay
21,000
week last year. For the whole of India,

Baltimore.

* Philadelphia.

Boston.

Since

This
week.

from—

.

-

New York.

Receipts

Tola*

40,000
47,000
6,000
10,000

69,000
59,000
11,000
27,000

8,0o0

8,000

1879

Britain.

12,000

1880

Conti¬
nent.

Great

Total.

since

421

..

•

•

3,246

**870 52*35*i

‘*203 29,393

•

42,375

741

13,214

499

17.913

836

64,638

289

15,400
168,572

56

769

72, 431
3,619 155,059

375 37,904

2,457

This year.

19,832 936,158 10,284 306,009

578

67,357)

3.285

Last year.

28,103 821,331 19.107'278,411

798

49.1151

4,141 169.567

United

Shipping News.—The exports ot cotton from the
States the past week, as per latest mall returns, have

reached
80,3S1 bales. So far as the Southern ports are concerned, these
are the same exports reported bv telegraph, and published in
the Chronicle last Friday.
With regard to New York, we
include the manifests of all vessels cleared up to Wednesday

night of this week:

Total bales.

2,583
Catalonia, 2,969
Celtic, 1,051
City of Montreal, 2,734
Donati, 1,030
England,
City ot New York, 859

New York—To

Liverpool, per steamers Abyssinia,
.

to date, at all India ports.

Shipments.—Through arrangements
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 coi responding week
Alexandria Receipts and

...'

2.043....Gallia, 516

13.840

531
130
2,144
758
50

India, 231

To Glasgow, per steamers Ancboria, 297
To Havre, per steamer Canada, 130
To Breme >, per steamer Mosel, 2,144
To Hamburg, per steamers Lessing, 378
To Antwerp, per steamer Vaclerland, 50
New Orleans—To Liverpool, per steamers Australian,

Vandalia, 380..
6.220

of the previous two years.
Alexandria, Egypt,

45,000
2.617.000

This week....
Since Sept. 1

Since

This

week.

Exports (bales)—

Sept.

!

25,000

2,490,000

3,145,000
Since

This
week.

Since

Sept. 1.

Sept. 1

16,361

254,433'

15,466 369,998

A cantar is 98 lbs.

This statement shows that the
Feb. 23 were 45,000 cantars and
were

receipts for the week ending
the shipments to all Europe

13,680 bales.

ecke, 1,269
Sosterk, 1,143
Norfolk—To Liverpool, per shiD General Knox,

to-night states that prices are

received from Mancheste-

steady for twists and shirtings,
give the prices of to-day below,
for comparison:
1880-81.

1881-82.

d.

•Jan. C
13

20
27
ireo. 3

10

1'/
24

d.

93q®10
9385)10

8*4 lbs.
Shirtings.
8.

6
6
6
938 5)10
6
93s5>10
6
91-2® 10
9*<>®10
6
6
9383*10
6
93s®10
938® 078 6
93s® 978 6

d.
6
6
6
6

p.

®8

®3
®8

®8

7*2 3*8
6 ®8

d
0
0
0
0
0
0

0
0

6
5

®8
® 7 10*2

6

®>7 10*2

CotVn
Mi'I.

Upt Is

32* Cop.
1 wist.

d.

7
7
7
7
6
6
6
6

0

95s ®10
97s ® 10%

6716
6?18

JJplds

a.

CHifl
69ie
6**18

6*2

Shirtings.

d.

d.

65a

Cott'n
Mid.

95s ®10

d
6’- lie

6%
658

8*4 lbs.

9%
93s
938
93s
9%
95fl
9*2

8.

®3

0 ®3
1*2 @8
0 ®S

®10*2
® 10*2
9783>3
978®S
® 10*2
®10M
97e3>8
® 10%
97s 3*8
® 10*4 6 10*23*8
©10*8 16 10*2®8

Exports of Cotton from New York this
increase, as compared with last week, the total
,

d.

d.

1*2
1*2
4*2

6**18
6%

3

65s

27e

69t0
69iq
69l6
67l6

278

27«
27r
27r
27e

6%

6716
630

week show aa
reaching 17,543

a&a“?st' 6,689 bales last week. Below we give our usual
■Jble
showing
the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
*Jid
direction
since September 1, 1881, and in the last column
•he total
for the same




8,232
2,931

Rein-

8,568

hark John Gill, 3,700
Baltimore—To Bremen, per steamer Leipzig, 1,975
To Rotterdam, per steamer Lord Jeffrey, 100
Boston—To Liverpool, per steamers Glamorgan,

2,412

per

12,26$
1,975

100

1,635

Palmyra, 503
Philadelphia—To Liverpool, per steamers Ohio, 1,000

period of the previous year:

2,138

Penn¬

1,500

sylvania, 500

80,381

usual

particulars of these shipments, arranged in our
form, are as follows:
The

Cron

Bremen

but that the market is idle.
We
and leave previous weeks’ prices

l>eo23
30

3,179
3,198

Sebastopol, per steamier Richmond, 3,198
Texas—To Liverpool, per barks Aniua, 885
Fry, l,5SO
Mozart. 1,103
Rimfaxe, 1,835
Tamera, 1,798
per
brig Emily Waters, 1,051
To Cork, for orders, per barks Leviathan, 1,275
Sestri,
To

Total

Manchester Market.—Our report

32s Cop.
Twist.

Upland

1,656
Wilmington—To Liverpool, per barks Constantino von

8,000 173,000 12,000 231,500
8,361 81,438) 3,466 138,498

13,630 338,338

Europe

60,000
This
week.

l.|

1,500 201.500
12,180 136,838

To Liverpool
To Conti went

*

1,732
1,235

Regina, 800 Upland and 22 Sea Island

Seceipts (cantars*)—

Total

bark Noel, 1,732
steamer Whituey, 1,235
Charleston—To Liverpool, per barks Eleanor, 2,357
To Cronstiidt, per
To Vera Cruz, per

1379-80.

1880-31.

1881-32.

Feb. 23.

Rot■ studI <4
Liverfor
Ham- ter- Sebas- Ycra
pool, orders. Havre, bun/, dam.
topol. Crus.
13.840
130 2,302
and

Cork,

New York..
N. Orleans.
Charleston.
Texas

22,008
3,179
8,252

Total.
17,453
1,732 1,235 21.975
3,198
6,377
11,183

2,931

2,412
Wilmington
Norfolk
12,263
Baltimore
Boston

2,133

Pliiladelp’a

1,500

Total...

65.597

1,975

2,412
12,268
2,075

100

2,13

1,50

2,931

100 4.9JO 1,255 80,331
from New York to Glasgow, 531

130 4.877

Included in the above totals are,
bales and to Antwerp, 50 bales.

Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Amerique, steamer (Fr.), from New York, Feb. 1, arrived at Havre,
Feb. 12, and reported having experienced heavy weather on the
8th and 9th. The sea tilled her decks, and it was fuared that her
cargo was damaged.
Naples, steamer (Br.), before reported, Bremen, Jan. 3 \ from Sav¬
annah, reported:. That during the voyage a tire br *kc out in the
fore hatchway, and was extinguished with great dtlioulty. 3omo
cotton was thrown overboard and about 40 bales have ar’-i. ••'d at
Bremen*
Fubter, hark

(Span.), Nicolan, from New

Orleans, P

collided with bark Michele Picasso (Ital.), f:
Genoa, and pat into Carthagena, Fob 17 to

' •»
1

b irv
for
•. .
;.j

,

Cotton freight*

Havre, steam
e.
Do
sail.. 4...r.

;'io©]4
7

\

4IC

2

*..

....

....

t

....

....

d.

....

....

3»

As

As

*8

....

....

sail

r..

....

....

....

..

Ti1*5 ‘k

7i</-

TiM

71(3*
3a

which

As;....

....

active business for export to Great Britain,
a material reduction in the rates of ocean
freights from those current last week. The Continent has
also purchased fairly.
Receipts at the West are on a more
liberal scale, and the temper of speculation appears to have
weakened ia the past few days. To-day there was a decided
decline, No. 2 red winter closing at $1 32^ for April and

Compressed.

the following

Liverpool.—By cable from Liverpool, we have
week’s sales, stocks. &c\, at that

port:

statement of the

56,000

2,500

3,2(9

3,700

1.299

45,090

45,000

58,000
3,500
1,520
46,590

3.400

4.100

5,700

9,800
632,000

9, GOO

8,300

5,500

655,000

712,000

473,000
92,000

700,000
497,000
114,000

73.090
366.000

75,000
382,000

381.000

232.900

222.000

209.000

60 OOo

61.000

Sales of the week
bales.
Of which exporters took
Of which speculators took..
Bales American
Actual export
Forwarded
Total stock— Est i i n ated
Of which American—Kstim’d
Total import of the week
Of which American
Amount afloat.
Of which American

Feb. 24.

Feb. 17.

Feb. 10.

Feb. 3.

-•

452,000
70.000
50.000
360,000
248.000

3,100
1,180

'

42.000
3.GOO

526,000
102,000
76,000

spots and futures each day of the
closing prices of spot cotton, have

The tone of the Liverpool market for
week ending Feb. 2 4. and the daily
been as follows:

Spot.
Ilardon’g.

j

Steady.

10,000

6lAld
Io,0o0

'500

500

6* 11(3

Miu.OiTns
Sales

Spsc.&exp.

freely
supplied

easier.

6 *2

67io

61*13
8,00(*

6^8
3,090

500

500

6 *2

6*2

Mid.UplhL

| Thursday.
Fai r
demand

Dull
and

in -i-

Mod.

}

Market,
12:30 p.m

Wcdnes.

Tuesday.

Saturday Monday.

Friday.
Fair
dom md

freely met freely met

67ig

6716

As

6

OAj
10,000
1,000

10.000
509

Market, (
12:30 p.m.)

Dull
and
easier.

Market, /

i.

Steady.

Very dull.

Qaiot.

Firm.

|

Dull.

The actual sales of futures at,
below. These sales are on the
unless otherwise stated,

Steady.

Flat.

Steady.

Quieter.
Easier.

Weak.

Liverpool for the same week are given
basis of Uplands, Low Mal.lliug clans ,

Saturday.
d.

Delivery.
Feb
Feb.-Mar...

1

d.

Delivery.

•t.

Delivery.

1

.6*o®*7:!2 I Apr.-May .. .-6*932® 58 1 July-Aug
(>2iVi2 | Aug.-Sept
.6*2®17 >o j May-J aue..
623 .o j Apr.-May
617-2 1 June-July .

.

Mar.-Apr

025.
G2T.

.

.

$1 32% for May.
'Indian corn lias shown but moderate fluctuations from day to

day, and the changes for the week are but slight. The home
demand is large. Sections of the country that usually have
corn to sell are now buyers, and it is probable that we can spare
little, if any, more for foreign export. To-day the market was
weak, with No. 2 mixed closing at 63c. for April and 6S%c. for
May.
Bye has been dull and drooping, and prime boat-loads sold
to-day at 91c. Barley has ruled pretty firm, .the stocks being
quite small, but the demand is not in any degree urgent, and at
the close the tendency is downwards.
Oats have been under
speculative control, and yesterday advanced materially when
the general market was weak.
To-day mixed were lower, with
large sales of No. 2 for May FLOUR.
at 4S%@l8%c. .
No. 2 spiing...^
No. 2 winter

6-"-t4 1 Mav-Jnne ...0*i1f;,®4A?4 I Mar.-Anr
(>47» 4 1 Apr.-May
6;4:te4 ! June-July..
6:4’\ 4 Jply-Aug .. 63*34 &215.jo ( May-J une

Feb
Feb.-Mar
...

6*96i

.

May-June.. ......(DA,4
(534 S'47*;!
June-July
July-Ati"

.-.

Aug.-SepC
Mar.-Apr
July-Aug...-.
Aug.-Sept
Feb.
Feb.-Mar
Mar .-Apr

.0*:q6

t)7s

(5 82

623.. 2
0->732
is

07ig

0*»;i o

Mar.-Apr.. ..07lfi®ir»32
Apr.-May...
I7:;_>
May-J une
6"*7f;4
June-.ruly.. 64bi Tv-4;*•_>
(54:'c4
July-Aug
;
Aug.-Sept
62 *32
Feb
67kj
Feb.-Mar
07i«

1

.<»*-♦-

Aug.-Sept:. 6^-0422.30 J June-July

.

62

5 00 w

5 05#

Spring.per bu*k. $1 20
1 27
Spring No. 2
Red winter
Red winter, No. 2
White
Corn—West, mixed
West. mix. No. 2.

30

Western yellow..
Western white

70

Fob
Feb.-Mar

.-.0*2
.6*2

Mar.-Apr

..0:*;V,6

Mar.-ApriL.T..

..6*9^o

April-May

May-June ..62*; Tv •* 1G4
.623.JO
June-July
-6'i 5G4
Mar.-Apr
..6*9,52
Apr-May

May-June

.

Apr.-May

>0

Southern white..
Soul hern yellow.

-

-

June-July
July-Aug
Aug.-Sept

..

.

.

go

i May-June

.

.O'47^®*2^

Feb
Feb.-Mar
Mar.-Anr.

..

Aug.-Sept

June-July
July-Aug
Aug.-Sept

June-July.. 64L-4®2i,,0
July-Aug... 6*bG®2332
Aug.-Sept
G2a] o

Aur.-Mav

Mar.-Apr
June-July

G^Vi

Aug.-Sept

OU,.!

Ohicago

04Tc4 | Feb

r29e4
641(..
64ict

5.1*8,.';r

liOiiis

St.

Poor: a

.

9 4

3 25®
3 70®
3 25®

3 65
3 75
3 GO

50
54
50
52

®1 14
&I 15

12
14
05
90

•®

92
Tv 1 25
®1 02
TO 1 10

15

98
09

82

lake and river ports

Coni,

Oct's,

Barley,

bush.
(5(5 lbs.)

bush.

bush.

575,71 8
70.0 tO
78.133
46,161
43.6 70
4 10.899

322,900

735,074 1.58*0.407

-.

bbls.

Flour

Wheat..
Corn....

bush.

..

235,185

Barley.

.

fluctuating with the phases of the wheat

products of winter wheat have not shown so much
strength as the better grades from spring wheat, and in all low
grades much irregularity has prevailed. An accident to one
of the principal city mills has curtailed supplies of high grades.
Bye flour and buckwheat flour are lower, and corn meal has

market. The

To-day prices generally favored

(>,107.165

603.180

Rye,
bush.

(32 lbs.) (48 lbs.) (56 lbs >
227,597 i:r,363 18.498
25,730 87,300 10,310
832
1,392
10.800

9.8 12
7.550

183,969
87,250

14,300

] 6 433

17,500

4

038

22,300

559,671 274,0 »2 55 116
331.316 01433 13,060

Dee. 2G, 1881, to F'eb. 18,
three vears :

1830-8 L.

1879-30.

1,221.930

757.8G2

5,206.673

0,802.972

2 501.520

4,239,299
1,9 19.462

419,000

30 4,154

Rye

6,373.633
17.479 326

.

vious three years :
.bbls,
.

bush.

v/oni..«..

O its
Bariev...

Rye

"
1831-32.

1380-81.

18 79-SO.

4,953,06 2

3,956,613

FJonr

Wheat
Corn
Cats—*

1375-79

3,712,418
65.782 992

64. 009. 641

70,591,380
25,363.80 4
9,837,284

16.371.907
8.935.0s 4

3,111,304

2,765.960

3,193.361

1,421,340

166 967.444

152.324.849

145,647,478

to Feb. 18,
1880-81.

bbls.

1,121.322

bush.

2.630,467

2.236,377
5.922,479
3,940 38.3

10.331,562
4 9-45.792
967.615

1,071.295

347.233

364,294

19,772.071

13.534 8U

50,795.565
19.490.117
8,157,464

59.149,856

of flour and grain

1,252,774

....

21,632,120
ports from

53.403.516

1881-32.

Total grain

461,997

31.111.746

Dec. 26, 1SS1,

Barley
Ryo

2.629.137

1,115,983

75.517.630
2 2,095.001
9.823.219

Comparative shipments
ports from
years:

10.728,170

compared’with the pre¬

4,753.232

141.661,953

Total grai n

.888.062

9.6)4 123

1,0 8 2.335
375,675

31,823.733

August 1,1881, to February i8, LSS2, as

1878-79.

2,9 48.652

21,502.560
23,25),626
Comparative receipts (crop movement) at same

Wheat...

February 21, 1882.

3,272,433
16, 485 625
6.270,510

Cats

o4oG1

flour market has been unsettled in tone, the views of

drooping.

4 SO

....a)

Uamid a No 1.... 1
Canad .1 bright... 1
1
State, 4-ro w ed
State, 2-ro wed...
Barley r I a It—
1
Canad; 1
State*, 2-ro wed.
fet ll. Cj 4-ro wed... 1

Total receipts at same ports from
1832, ah eompared with the previous

Flour....

BREADSTUFF S.

buyers and sellers

85
70
99

147,825
5 1,392
88,183
15,325
282.374
4,525

1/7.700
’31. 116,304

Same time

G-v.i
0*764

62*64 Aug.-Sept.. 6i9f4®iSt4

Friday. P. M..

73
78

bush.
(00 PsA
130.915

574
11.242

Total. grain

May-June
July-Aug

68*2

Wheal,

Flour
hi’9.
06 lb.9.)
02 650

1381-8 2.

....6‘’»nG{: 1 Feb.-Mar
04VQi 1 June-July
6h)01 1 .July-Aug..
(U2ftt I Mar.-Apr...tf29fl.
(52Soi j a pr.-May

4 10®

Duluth

‘J3lC4 |

Apr.-May

8 00
0 00

Barley—

Receipts of flour and grain at Western
Feb. 18, 1SS2:

2,S»(>
33.689
1,063

May-June ...€**,,, ®;05e4
g^r
June-July
644io
July *Aug
Aug.-Sept
(5 -*4
60l>2 I June-JuLy
fii'.Do
6*:*;i2 | July-Aug
62l[o
Aug.-Sept
02CT

...

0 253
5 10®

47 ®)
50
n45 3j j)

Mixed
White
No. 2 mixed
No. 2 wiiite

for the week ending

Cleveland

..645.J4

7 40

New To *k Pro dace Evcf xi a ye Week ■y: ’)

-G3*,u

...634

Corn meal —
Western, &c
Bra ndy’• due. Ac...;
Buckw’t flour, 100lbs.

0 75®

*

-6 -“s

633(34

647,;4
()29c4
0 7;r,
6*j

Aug.-Sept
Mar.-Apr
Mar.-Apr
Am*.-May

88

Boat loads
Buckwheat

Total..

'®:i3G4@l732

to

>

68

Rye—Car lots.

Wednesday.

Anvil-May.... ..(JV“

SO

t

64,999

-

..

.

92

d>
'TO
70
70
TO
'd>

74

Milwauiicc.....
Toledo
Detroit

.

...

I 33
63 *2
"d>
a

(>7 *3 T

...

At-

Mav-Tuno ..62 ;>o« *l,3i
.023.,.,
Juue-Julv

®1 33
Tv 1 3>)
a i 38

34*271 35*2
27
(> 4

City shipping extras.
Southern bakers’and
family brands
South’ll st ip’g extras.
Rye flour, superfine..

UlLMN.
Oats—

e

_

620 4
6-*qi4
Mar.*Apr... 620,;4 ® 2 7f,4
Apr.-May
f)30t;4fc:Jifl4
May-J une ..
®;'rv4
une-July
64<U4
July-Aug
6J4r4
Feb
Feb.-Mar




5 25®
(5 25 a
<5 25 g>

$7 00® 8 50

Patents

4 40
5 15
7 50
(5 75
7 50
5 50
7 50

4 10®
4 75®

do XX and XXX...

);

Friday.

buyers,

4 25®

4 50

Wis. A' Mini, rye mix.
Minn, clear and stra’t
Winter shipp’g extras.
do XX‘andXXX...

Thursday.

heen dull

3 (JO
3 85

3 40a)

Winder superfine
Spring superfine
Spring wheat- extras..

Tuesday.

The

bbl. $3 20®

.6*9;

Monday.

Mar.-Apr...
Apr-May ..

more

favored by

was

Wheat—

Futures.

5 P. M.

much

ever, a

....

....

....

Hr

*2'

lo*

‘•V

•V

V

7,

:

....

....

:5k,® q

ib'

....

V

....

Amst’d’m, steam.c.
Do
sail...rt.

*

\

....

....

Jo*

Hamburg, steam, d.
Do
sail...rf-

Do

7io*

....

Bremen, steam, .c.
sail
c.
Do

Baltic, steam

*4

21Zb *4
7lT

sail...tf.

Do

3DJ©-4

*'l0 To-4
•he,®1!
7iu+

Liverpool, steam d. n16« 3 4

Fri.

Th urn.

Wcdncs.

Tucs.

Mon.

Sal ur.

has been quite unsettled, with not a little
irregularity as between spots and futures. There was a buoy¬
ant speculation on Monday, owing to an effort at Chicago
toward a speculative “corner” on April contracts; but this
influence did not sustain values, and yesterday futures declined
closing weak. At the reduction yesterday there was, how¬
The wheat market

boon as follows:

tho past weok have

[Vol. XXXIV.

CHRONICLE.

THE

238

from the same

1882, inclusive,

for four

1879-80.
546.661

187**-79.
923 237

1,577,230
7,822,610

3,723,535

1,713,157

599.349

274.323

5.100,893

1,736,497

737,980
205,054

25, 1882.1

February

239

THE CHRONICLE

goods favored buyers, and it is probable that
price concessions on the lower qualities will be found
1 Q79.
18 SO.
1881.
188?.
necessary in order to move accumulations.
Week
Week
Week
If cek
Feb. 22.
Feb. 21.
Domestic Cotton Goods.—The exports.of cotton goods for
Feb. 19.
Feb. 1«.
113.799
93,300
122,359
135,5o7
.hhls.
the week ending February 21 were 1,119 packages, of which
558.822
135,6
11
141,274
301 were shipped to Argentine Republic, 260 to Great Britain,
131,101
hush.
850.383
067,959 1,592,382
Wheat
1
190.877
133 to Peru, 84 to Venezuela, 84 to Uruguay, 68 to Mexico, 65
311,312
510,356
Corn
470,501
75,952
58,412
77,993
Oats
85,802
to
Hayti, &c. The demand for plain and colored cottons was
17,958
40,733
29.831
40,048
mostly
of a hand-to-mouth character, but sales, coupled with
1,433,421 2,141,510 1,692,992 deliveries on account of back
,213,172
orders, reached a fair aggregate
Total...
amount. The most desirable brown, bleached and colored cot¬
Rail and lake shipments from same ports for
B irtey,
Tine.
Oats,
Corn,
Wheat,
tons are notin large suppljr, and prices are therefore' steady ;
Flour,
bush.
bush.
bush.
Week
bush.
bush.
00’S.
46.048
85.802
500,26 4
but the lower qualities have accumulated somewhat, and there
1.591,500
131,401
155,507
110,227 39.875
627,36 4
Feb.
251,526 1.862,417
1o()’296
is more disposition on the part of holders to make slight con¬
Feb.
1,801.920 785,849 121,585 39,029
333,937
147,062
117,913 51,877
831,815
Feb.
1,7
67,070
cessions on the latter in order to quicken their movement.
337,527
149.606
Jau.
176.829
435.527
There is not, however, the least tendency toward speculation,
2,745.322
7,022.907
.602,471 1,104,391
333,022 164,820
2.163,358
3)0
575,267
and
both jobbers and retailers seem inclined to govern their
572,678
purchases by actual wants. Print cloths were in moderate
Receipts of hour and grain at seaboard ports for
18:
demand and steady, at 3%c. for 04x64s and 3 5-16c. for 56x60s.
It ye,
ended Feb.
Barley,
Oats,
Corn,
Wheat,
Flour,
bush.
bush.
bush.
bush.
bush.
Prints continued inactive, and there was a limited call for ging¬
bbls.
it—
187,300 51,700 10,008
460,804 35 4,151
137.282
hams and cotton dress goods.
1,050
New York ...
79,425 18,100
202,375
2c,100
50,589
Boston
2,600
8,200
Domestic Woolen Goods,—There was a fairly active demand
2,809
JrOlTlalHi
10,000
•1,200
1,550
12,792
Montreal
3,600
53,650
for
157,100
heavy woolens by the clothing trade, bat transactions were
43,000
23,048
1,500
Philadelphia.
26,500
109,400
56,400
22,545
Baltimore....
confined to the most popular fabrics. Heavy all-wool
cliieliy
18,595
84,444
20.210
New Orleans.
cassimeres,
suitings and cheviots have been in good demand,,
378,070 77,600 12.558
915,670
586.854
269,266
Total week.
22,120
883,844 119,400
and there was a satisfactory business in leading makes of
762,670 1,109,757
260,380
Cor. week ’81
worsted coatings. Cotton-warp cassimeres met with consider¬
Total receipts at same ports from Dec. 26, 1881 to Feb. IS,
able sales for future delivery and fancy-back overcoatings
1882, inclusive, for four years :
1881-32.
1880-81.
1870-80.
1878-70. continued in steady request. Cloakings were somewhat less
1,312,058
Flour.... .-..1)1)18.
1,018.003
l,01o,u»-0
1,282,50/ active, but agents are making liberal deliveries in execution
10,244,705
4,773,912
7,032.758
4,854,073
of former orders, and the best makes are in light supply and
Wheat
bush.
1 2,234 427
12,030,003
7,727,915
5,815.417
Corn
2,118,130
2,435,805
3,121,053
firm. Heavy satinets were in better demand, but Kentucky
3,335.002
701.710
Oats
830,415
-842,544
8.29,037
Barley
209,507
1-15,747
250.305
jeans moved slowly, and flannels were lightly dealt in, with
33,397
Bye
11,919,430
16,'JS1,505
20,821,971 25,028,494 exception of dress flannels, which were in good requests
Total grain
Worsted dress goods, buntings, &e., were taken in relatively
Exports from United States seaboard ports and from
small parcels to a fair aggregate amount at steady prices.
for week endiug Feb. 18, 1S82:
Foreign Dry Goods were only in moderate demand at first
Rail
weeks

lake and river

from Western

shipments
ended:

I

for the

ports

kinds of cotton
some

-

.

O

last four weeks:

.

^

the week

..

..

....

..

..

..

..

..

..

the

Montreal

407,015

10,090
21,000

28,479

115.000

134,420

137,075

It lie,

bush.

41,893

22,095

5.035

41,808

22,005

1,201

59,057

29.399

5,705
140

30

80

100.483
103,090

850.5 15

718.709

,307,515

872,150

routs,

bush.

supply of grain, comprising the stocks in granary
principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Feb. IS, 1882, was as
The visible

at the

follows:

In si re at—
New ' ork
Do. afloat (est.)

Albany
Buffalo..
Chicago
Milwaukee
Duluth
Toledo
Detroit
Oswego

*.

„„

Corn,

hush.

bush.

4,031.272
9.500

651,000
99,000

425,479
3,4 n5,() 14

92,025
5^/6 / ,47b

1.674.525

Barley,

Rye

bush.

bush.

437,201

36,872
203,000

51,000
23,100
......

834,400

26,791

12,003

621,255
41.490

33.714

833,230
90,000

1,166,470

Peoria

Indianapolis
Baltimore
....
Down Mississippi.
On rail
..

2,150,501

65,520
330,357

618,575

79,365

64,015

253,865
362,287

319,128
8,975235,400

Philadelphia
City

130,000

241,865

84,796

1,609,569

615,192

394,300

27,385
141.670
102.811
4.113
65,026
1 12,000
246.192

62,900

142,400
1 1

7,7sO

2,072,700

113,322
19,000
79,500

176,000
260,714
319,631
288,945

19, ’81.. 26,103,003

THE

.

...

171,858
10,988

88,849
1,9 12

286.136

19,954
......

......

......

.

OL •

0
•

......

10.000

r-*

OJ

© CO

16.007

00

CO

rO

-1 o>

37,054

©

.

.

.

.

l

£

*

b

i_m

iC

W

CO

7,188

a O' O' X ©
tv Jj — —> O'

CO M

-1

10

C © O'
co -1 t o V- t o
0- X' © -J

tc

O
© X

!

P

#

•

•

•

a

30

j

|

j

;

cjl

;

•

•

*

*

k

r-

•

-

,

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!

co to
-i©

MX M W

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© © X. to

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w

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to

60,500

15,391,993 3,433,099 3,082.724

TRADE.
February 24,

1382.

goods trade was comparatively light during
the past week, owing to the recurrence of a holiday (Washing¬
ton’s Birthday) and unfavorable accounts from some sections of
the country that have been devastated by serious liocds. The
recent opening of heavy woolens has attracted a good many
wholesale clothiers to the market, and led to a moderately
active business in leading makes of clothing woulens; but oper¬
ations in most other domestic fabrics failed to realize expecta¬
Business in the dry

slight improvement in the demand
for imported goods. The jobbing trade was irregular and upon
the whole sluggish, the condition of the weather having mili¬
tated against the distribution of many spring and summer fab¬
rics. Values have not materially changed, but prices of certain

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O' M M
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K- X

h-4

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Mi

CJi

1—4

bb

|m
t

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© Oil — © CO

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b

•

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JK
s

in
0

*

sJsjHfU

‘

so

M
CO

1

fc

rj

j 01 00 © M ©1
©

It— W

© ©■
c. ©

to
V-1 —

X-

to
00

:

.

! M

1 X M© MX

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1—

to

-

M

CO

•

1

o |

j ©btO
XW
^4 vXJ b.’

o<w

—

coHr.ot-1
© 0- ©
~

© ~1 1

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•

e

w

r>

!

X

I r-lC | ©,t»MWtO
bo 1 tc x — co M
1

,

|

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,

;

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c
rt

r
© O1 >— M ©
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97,400

.

..

| Mr! ©K

CD

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£

-

vJ. 10
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to

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©3
—t

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-

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114,987
17,000

c
ei

i—-

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c.

n>

C'

1

[

r+

ft ^x

:rc

of— if

c-t

17.816,161 3 .205.621 2,,824,713 1,158.983
16,954,623 2,976.059 2 ,596.192 1,333.782
700,972

was a very

p

r:

"d

17,215,243 2.811.383 2.544,944 1,145,309
17,837,770 2,933,208 2,671.830 1,167.792
18.313,139 3,,180,306 2,,792.782 1,145.926

DRY GOODS

Miscelanou vlaim'ctures

P

week
facts

%■2? 71 & ?9

O

E7 73

Rax Silk Cot n Wool

r-t~

113,149

......

Friday, P. M.,




3

455.600

10.611

£

H

^2

CO

Tot. Feb. 18,’82.. 17.800.544
Do. Feb. 11, ’32 ... 18.134.223
Lo. Feb. 4.’82... 18,027.998
Do. Jam 28.'82.. 17.752,442
Do. J.ui. 21,’82.. 17,321.395

tions, and there

importations of dry goods at this port for the
ending Feb. 23, 18S2, and since Jauuary 1, and the same
for the corresponding periods of 1881, are as follows:

)—*

10,000
13,146
650,000

Goods.

The

-

30,415
23,7 03
573,000

Importations of Dry

......

......

......

S35.302

Montreal

Do. Feb.

3,249,100

1900,000

Oats,
bush.

713,343

St. Louis.
Boston
Toronto

Kansas

Wheat,

jobbing trade has not yet become active ; but
of
the
most
staple fabrics are steadily maintained. The
prices
auction season has fairly commenced, and moderate offerings
of millinery goods, linens, China mattings, &c., were made
during the week with a fair degree of success.
hands and the

.

San e

028,039

Oats,

bush.

!

97,215
5,112
Philadelphia..
100
Baltimore
3,308
088
Kiw Orleaus..

New York
Boston

for w’k
time '81.

bush.

bush.

bb Is.

T< tal

Corn,

Wheat,

Flour,

From—

M

•

;!
i

3

tare S

O IS

IV.

Dons.

LWESTMEXTS.

FIRST-CLASS

Buy and Sell on Commission, for
gin, all securities dealt in at the

cash or on mar¬

New York Stock

Interest allowed on

daily balances.

to check at sight.
to orders by mail or tele¬

Buy and sell

C. NOYES,
STREET, NEW

BA

STOCKS,

TELEGRAPH

COMPANYS*

TRUST

STOCKS.

AND

SECURITIES.

Randall 6c Wierum,
PLACE,

EXCHANGE

50

GOVERNMENTS <5c FOREIGN EXCHANGE.
Chas. K. Randall,
Otto
Member N. Y. Stock Exchange.

BANKERS AND BROKERS,
48 WALL STREET,

NEW YORK.

RAILROAD

CITY

5 Per Cent Bonds.
Brooklyn Gaslight Compinv Stock.
Union Kerry Com any Stoc ..
Nassau Gaslight Company 9 Per Cent Certificates.
Brooklyn and >ew Yoik Bonds,
Bank, Insurance, and other Local Stocks.
Bought and Sold by
.

16

B

BEERS,

.

graph.

W.

farmer,

MONROE, LOUISIANA.

Counselor, Solicitor and Attorney.
Practices in the District, Circuit and Supreme
Courts of the United States and of the State, in
all classes of cases. Has no other business, and de¬
votes his personal attention and all his time exclu-

&V&V to his profession.

Refers to Bank of Monroe.

Boardman,

STOCK

YORK,

NEW

BROADWAY,

80

W. C. Floy'd-Jones
William Robison,
Members of the N. Y. Stock Exchange
.

No.

WIVnilNGII \ WLf

GAS, INSURANCE, BANK STOCKS, &o.
SECURITIES BOUGHT AT THE AUCTION SALES.

No. 3«

PINE STREET,

NEW

YORK.

Lummis 6c

Day,

Noi. 34 and 35 DRKXEL BUILDING, Cor. WALL
and BROAD STREETS,

RANKERS

AND

STOCK

BROKERS.

William Lummis,
Henry Day,
Members of New York Stock Exchange.

Geo.
No.

17

H.

WALL

Prentiss,

STREET,

NEW

YORK.

GAS STOCKS
AND

.

GAS

BROKERS,

COURT.

EXCHANGE

2

Stocks, Bonds and all Investment Securities
bought and sold [strictly on commission] for cash
or on margin.

!3oodiG
Mg l^ellau
& Co*
BANKERS,

58 Broadway, cor. Exchange Place, N. Y.
Branch Office, 128 La Salle St., Chicago.
TRANSACT A GENERAL BANKING BUSINESS,
INCLUDING THE PUKCHASK AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAR¬
GIN. BUY AND SELL INVESTMENT SECURI¬
TIES.
INTEREST ALLOWED ON DEPOSITS
SUBJECT TO CHECK AT SIGHT.

McLellan, Jr.

*

BOUGHT

Quotations of City Railroads Id this pepe

Howard

cG Co.

No.

Buy and sell Government, State, Municipal and
Railroad Bonds and Stocks.

ings Banks

a

specialty.




No.

18

WALL
New

STREET,

New York.
John Pi xdir. Eduard Mertenb. Aug.

STREET,

York.

Buy and Sell Investment Securities.
P
A. M. Kidder,
.

«

O. BOX 2,647

wayland Trask,
.

W C Hill.

Nathajt.

Pondir 6c Co.,
Stocks, Bonds & Investment Securities,
20 EXCHANGE PLACE, NEW
Orders executed on
Markets.

YORK.

the London and European

ERNEST GROESBECK,

GRANT B. 8CHL1Y

Members N. Y. Stock Exchange

Groesbeck 8t

Schley,

BROKERS,
No.

15

STREET,

WALL

Uncurrent

NEW YORK.

Securities

a

Specialty.
correspondent:
ORDERS ANDi CORRESPONDENCE
ATTENDED TO.

JAMES KITCHEN, 70

PROMPTLY

Cedar St.

Jr.,

1

Bonds.

Stocks, dec.,

NEW

STREET,

NEW YORK.

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

Investments for Sav¬

Correspondence solicited.

BROKERS,

WALL

5

No.

RANKERS,

BEE GAS QUOTATIONS IN THIS PAPER.

MIDDLETOWN, CONN.,

AND

Brooklyn Securities, City

IN.

Jackson & Co.,

d. s. Willard,

Exchange.

Lapsley 8t Co.,

BANKERS

Gas

C. E.

BONDS

SOLD.

AND

Howard Lapslet,

OP

SECURITIES

DEALT

YORK.

STOCKS &

!TY RAILROAD

N. T. Beers,

STREET RAILROAD STOCKS AND BONDS

BROOKLYN

BROADWAY,

NEW

Saltonstalt..

SECURITIES,
AND ALL KINDS

145

No.

,

P. O. Box 447.
D. A. Boody,
C. W.
Reuben Lelanp.F. G.

New York.

L. Grant,

H.

Building,

AND

BROKERS,

t’uy and sell on commission all Securities dealt in
.it the New York Stock and the New York Mining
Exchanges. Deposits received and interest allowed
on balances.

T,roy', N. Y..
Connected by Private Wire.
All securities dealt in at the N. Y. Stock Exchange
bought and sold on commission and carried on a fair
margin. Interest allowed on credit balances.
Hall

BANKER8

P.

3 Pine Street,

Members N. Y. Stock

Floyd-Jones & Robhon,
J.

BANKERS AND

BROKER,

-OFFICE:—
No.

L. R. Bacon

Clark & Bacon,

-

Lansdale

11. B. Bacojt.

vlex. S. Clark.

for cash or oa mar¬

gin, all Securities dealt in at .the New York Stock
Exchange.
Interest allowed on daily balances.
Particular attention paid to orders by mail or tele*

BROKERS,

Refer to Messrs. Fisk & Hatch,

BROKERS,

Buv and Sell on Commission,

STREET,

AND

BANKERS

Walker,

4 N D

Wm. B. Kendall.

Exch.

WALL

31

No.

BROADWAY, NEW YORK.

No. 80

Oourt_St„ Brooklyn. 31 Pine St.. New York

W.

W. N. WALKER.

Exchange.

Rutter 8c
BANKERS

CO.

First and only Mortgage

FRANK

All
and sold on Commission.
Private Telegraph Wires to Philadelphia, Wilming¬
ton, Baltimore, Washington,
Boston, Bridgeport
ar.d New Haven.
C. M. Rutter,
Member of N. Y. Stock

Chas.A. Miller. Jas. Francis. Edwin J. Hanks.

BROOKLYN

BROADWAY, NEW YORK,
(Branch Office, 180 Fifth Avenue).
classes of Railway and Mining Stocks bought

carefully attended to.

U'CcU'cfv Sc

64

\o

C. Wierum.

Miller, F rancis 6c Co.,

Whitely,

Prince &

deposits.

Wm. D. Hatch,
Member N. Y. Stock

••

D. Prince, Jas. Whitely, H. Cruger Oakley
Harry c. Logan,
Maynard C. Evrk.
W. R. Travers, Special Partner.

and Bonds,

Brokers in Railroad Stocks

and Bonds and Government
r

Investments

SECURITIES

Wall Street

general banking and brokerage busi¬

•Interest allowed on

,

Intimate knowledge

Market Pains.

J

a

in Railway Shares

securities.

of all for the past 10 Years)
A SPECIALTY.,
Investors or Dealers wishing to buy or sell are
invited to communicate.
State, Municipal and
Railway Bonds and Coupons bought and sold at best
An

No. 45

Established 1851.]

STREET, NEW YORK.

RAILROAD
■

MISCELLANEOUS

i

ness

BROKER

AND

It E fit

'

Smith,

H.

No. 20 BROAI)

City and other Railroad Stocks & Bonds

Gwynne 6c Day,
Transact

ROADS,

AAR

STOCKS

STREET, NEW

Fred

BOUGHT AND 80LD OM

COMMISSION.
COMMERCIAL PAPER NEGOTIATED.

Buy and sell—on commission—Government, Rail
and Miscellaneous Securities. Receive deposits
subject to check, and allow interest on balances.

DEALER IN

BROKERS,

Wall Street, New York.

54

W. C. McKean
Member of N.Y. Stock Kxch’g*

way

YORK,

AND

STOCKS AND BONDS

34 WALL

GAS

commission, for investment or on
in at the New York Stock

Lloyd 6c McKean,
YORK.

.

NASSAU

*1

on

Exchange.

Brothers 6c Co.,

BANKERS

8.

margin, all securities dealt

Particular attention

WM.

STREET, NEW YORK.

ROOM

JohnSickeul
Member N. Y. Stock Exch.

Thko. V. Sand.
Max E. Sand,

Sand

BROKERS,

31 & 33 BROAD

Joseph P. Lloyd.

All deposits subject

*

Barker & Tinker,

Exchange.

graph

t

Member N.Y. Stock Exchange.
STOCK

IN

DEALERS

Henry C. Tinker

Fordyce D. Barker,

ST., NEW YORK,

NASSAU

17

0

5

Tr

Financial.

Financial.

Financial.

Cjeo.

[Vol. XXXIV.

CHRONICLE.

THE

240

h. J. Mors*

Olliffe & Schmidt,
No. 72

BROADWAY & No. 13

NEW ST.,

AND
SECURITIES.

BROKERS FOR THE PURCHASE
SALE OF RAILROAD

OLLIFFE. n

y ^

SCUMnjT.ro£ ^

^

CORNELIUS W.
EDMUND P.

I