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W umtk
AND
HUNT'S MEBCHANT8' MAGAZINE,
BBPRKSKNTINO THE INDUSTRIAL AND COMMBRCIAL INTERESTS
NEW
VOL. 84
YORK, FEBRUARY
Financial.
149
llimj
Note Company,
r>iAM:ojvi>s
1879.
Ma. 14
MOKATCaS AND PRINTBHS OT
POSTAOB AlfD REVKlfUa STAMPS,
tiMOAL TBSDBR i IfATIONAL BAITK trOTSS
VimBD
UM
STATas and
far
man*
fanigik
KNORATINO AND PRINTINO
or BAITK SOTSS, STATB AND RAILROAD
'Wums, sHARa caRTirioATas, bills om
MXOBAiroa, DRArrs. chscks, stamps, tc
MM TBM FINEST AND MOST ARTISTIC STYLB
JOHN
EXCLUSIVELY.
L.
Work
Bxecated in Flrepro*! Balldlnci.
RAILWAY FEINTING A SPECIALTY
Bailway Tickets of Improred
Styles,
WilKor MriOunU Oolcrt, atui TicktU of aU Kindt
TRUSTBBS:
Banque
Anversoise,
E RP
W
FVLix Obisak, President.
'iXrBED Mauuin'a Y (Qrair& Maqalnay), Tloe-Prw
. B. Von dku Beckb (Von der Becke A MaraUr),
aDNTUSB(Curneille-DaTlcl).
I
.
_D.
DB OOTTAL.
Missouri, Kansai
WSBKB(Bd. Weber A
(C.
cle.)
Scbmid A
TRANSACTS
GENERAL
ASA
Cle.)
A
BANKING BUSINESS.
P. PoTTBB. Praau
J. J.
CAPITAL,
Correspendence
&
Kimball
R.
Co.,
J.
BANKERS AND BROKERS,
No. as Naswaa Street, Neir Tork.
Thirteen Tears' Membership In New York Stock
Kimball, a. b. Locnsbibt, f. b. ballabd
Members of N. T. Stock B xchange.
R. J.
&
Day
Colbron,
Field,
No. 17
New
Street,
NSW YORK.
BROADWAY.
DonOLAD HiNBT.
CSABLBS SITOIC HSITBT,
ICemberN.T. Stock Ex. Member N.T.Mln.8toekn.
Daniil WABniLO.
Geo. H. Whipple,
WALL
36
STREET,
NEW YORK.
ELECTRIC LIOHT STOCKS.
^
nR' SALE
B A T R i Brush (Parent Company), Amerleaa,
OR,
United States, Eastern.
j
WANTED.-Bmsh
(N. T. Co.). Fuller.
E. A. Mauriac
6c
BANKERS AND BROKERS,
Co.,
130 La Salle
Railroad, Mining, and other Stocks, Bonds, •(«.,
bought and sold on Commission.
MAURIAC,
/v (J nijvvy, aa«
Member N. T. Stock Exchange
B. A. in
M.M.HOWLAND.
SYDNEY BISHOP.
John A.Hambleton&Co
BANKERS AND BROKERS,
No. 6 SOUTH STH8BT,
BALTinORE.
Wirt vMh New Fork and PMI»i
dsIpMa O&rretpoiulenU.
Transact a General Banking Business.
Buy and sell on Commission In this and other dtiea
all descriptions of Stocks, Bonds and Securities.
Omnscted by
Special
Special Attention giren to Inrestmenti.
Loans negotiated and adrancesmadeon Improred
collaterals.
Deposits reoelTOd subject to chock at sight.
Collections on all point* lo U. B. and f*""**
BANEEBS AND UROKEBS,
_j
Warfield,
Street,
OHIOAGO.
Caldwell,
Hay & "Washburit
BANKERS A BROKERS,
$400,000
400,000
•CHPIiCS,
solicited.
Collections made npon favorable terms.
Btiletly BrstKdass Investment Seoorltles Naco-
Stocks and bonds bongbt and sold for oash or
on margin.
Aug. T. Post, Banker,
tight.
Simon Borg,
S
No.
NASSAU STRBBT,
Samuel M. Smith,
Railroad
Baak
and Inrestment Secnrities
A. H. Brown
T
IN
STREET, NEW YORK.
IN ALL KINDS OF
Broadway and Wall
&
BANKERS AND BROKERS,
Wall St., Tor. New, New Vorh.
INVESTMENT SECURITIES.
Special attention to
St.
Transact a general Banking Business, Inolndlng the
Purchase and Sale of all Securities dealt In at the
New York Stock Bzohanga.
Interest allowed on deposits subject to sight draft
B. Caldvbll, late West A Caldwell.
>-iLAS C. IlA Y. Member N. V. Stock Hretianga.
CHAS.
LAN8IN0
U.
WASHBt'BN,
lata
WUttlBghaiD
A
Washburn.
TBoa. M. THOBirto*.
WM. W. THOvmut, OmA.
THORNTON * SON,
(Establlahed UBA.)
Co., BANKBRS AVU H R O K B R S,
BHELBYVILLE, ILLINOIS.
SocTHBBN BacuaiTiiis A Sfbgialtt.
40 WALI, BTRKET,
<Xt7 Railway 8ecarlllea, Gaa and
Mlocka, Inanraace 8oii^
WALL
DEALER
HUTS AND SBLIiS
State, City and County Securities.
CORRBSPONDRNCB 80UCITKD.
UNITED BANK BUILDING,
Interest allowed on deposits, subject to ohaok at
Mated.
DBALBR
'
solicited.
BOSTO^i,
as
bought at best rates-
sale.
Bsor, Cashier.
Maverick. National Bank,
Aoooonts of Banks and Bankers
Illinois
Exchange.
Edq. Nottsboiim (Nuttebotam Freras).
fU. DUAN18 (Mlchlets Lous).
iou. Uan. Ki'uuMA.NN, Jr. (Job. Dan. rnhrmanaj
BLaa RAUTX.NarBAUcu
and
Investment Securities for
FKANK (Kruiik, Model A Cle.l
DL'is
WESTEBN SECURITIES
IN
&
No. 7 Wall Street.
Defaalted CountTt Township and Cltf Bonds of
Pald-Up CapiUl, '^,000,000 Francs.
BOARD OF DIRECTORS
~
DEALER
Bros.
No.
LOUIS,
ST.
I>-
BROKERS IN
STOOKS AND BONDS, UNLISTED SS.
CURITIES AND iMINING STOCKS,
Sam'l A. Gaylord,
j. T. Roberteon. Vlce-Preeldent,
l
Henry
Co.,
BOUTH THIRD STREET,
Wm.
U. H. Danforth,
P. C. Leunsbuir.
O. H. 8l«7ner, Treasurer.
Theo. U* Free and. Secretary.
&
H. Taylor
PHIIdAJDKIdPHIA.
Jos. W. Draxel,
Vice- Preat., A. V. Stout,
D. BhepariJ. Vice-President, T. H. Porter,
Chris. Merer,
Main Smlllle, VIce-Preet.,
IN CAR TRUSTS AND OTHXR
TB8TMBNT SBCURITIBS.
LINDLIT HAIMES
JB.
DepotltB received subiect to check at slRht, and
interest allowed on dally balances.
Stocks, Bonds, Ac, bousht and sold on commlMlon
In I'hiladelphla and other cities.
Particular attention cciven to Information retnurdtng Inves tm ent Seonrities.
Jftmu Mmcdunouiih.
Centrale
AN t
Co.,
Stooks and Bonds bonght and sold on Coamlssloa.
Bankers and BroKera,
140
A. a. Ooolall, Preildent,
A.
TATLOB,
DBALBRS
52
LONDON, 33 BOLBORN VIADUCT.
WIUi ipMUl ufmnianli to praTent OounttrftUiat
SpaoUl pap«n numafkotarwl exolutfTVlf tor OM of the Company*
Safety Papers.
NEW TOKK,
ST.,
Diamonds, Fine Babies, Sapphires,
and other Precions Stones,
tr AltwationM.
Bafety TinU.
Co.,
IHPORTBRS OF
I,BWIS H.
FROM 8TKEL PLATE8,
&
Alfred H. Smith
•eiTDS.
^
Clark &
BANKBRS,
W.
E.
No. 33 Soath Third Street, PhlladelyUa.
Bl'81N«89 yoCXDEO 17»5.
utuur Law a/ StaUot !fm Fork, 18B8.
RKOaOANlZBD
870.
Financial.
BROADWAY, NRW YORK.
rill
NO.
25, 1882,
Financial.
AMERICAN
Bank
THE UNITED STATES
OF"
bulnaas of ooontry banks
Vr. F.
Col'ections made In Shelby and adjoining CoasUoa
and Proceeds remitted on Day of Paymaot.
HRKBKItNCBit— National iiankufComai*rea,Na»'
York. Union National Bank, CtndanaU. Thlrt
National Bank, St. Louis. Traders' Baak,
Indiana Banking Company. IndlaiiapoUs.
C
u
OHllO^'lCLE
liiiL
Foreign
I'orelsn Exotaan;;e.
NBW
OJltmtK OF BKOAD,
a
'iDrexel
M
No
Co.,
BorTH Tuiap
DOMBSTIC
Drexel, Uarjes
i
si
St.,
Pblladeipiaia
YOREs.
*O
Securities. Gold,
ftc. Bought and Bold on CommlssioD. Interest allowed
Qtx Depo9itf>. Foreign Kxctiange. Commercial Credits,
Circular Letter» for Travelers,
Cable Transfers.
•Tailable In all parta af the world
,
^
No.
OLD BHOAD
as!
Brown
ST.,
35 NASSAU
</*•
&
&
Brothers
WAIiIi ST., N. ¥.,
BUY AXD SELL
No. 59
Co.,
TORK.
Notes and Letters of Credit for
also, Commercial Credits, available in all
OF
Issue Coiniuercial and Trarelers' Credits
/y SIERLINO.
ATAILABLB IN ANY PART t)F THE WORLD.
AND OTHER COUNTRIES.
OF DRAFTS drawn
THIS
62
HAKE
COLLECTIONS
abroad
iHunts in the United states and
Canada, and of Drafts drawn in the
United States on Foreign Countries.
&
G.
G. C. Ward,
ASUiTB FOX
BARING BROTHERS
&
COMPANY,
&.
& W.
J.
No.
Seligman
& Co.,
BANKERS,
94 BROADWAY,
NEW
BANKERS,
WUUam Street, New
York.
Accounts and Agency of Banks, Corporations,
Arms and Individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends also as transfer agents.
Bonds, stocks and securities bought and sold on
oommission.
Sound railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.
Cor.
Wall and Nassau
Payable In any part of Europe, Asia, Africa, Ausand America.
Draw Bills of Exchange and make telegraphic
transfers of money on Europe and California.
&
John Munroe
COMHBBCIAL AND TeAVELBBS' CRBDHS,
Co.,
Nons
Otamnitu
CO., I.eNI>ON.
ijro
Cumira fob TRA-raMns.
O0BRESPONDBNT8 !
BAAING BROTHERS & CO., London.
PERIER FRERES Si, CO., Paris.
MENDELSSOHN de CO., Berlin.
&
&
Co.,
J. Stuart
NASSAC STREET.
BILLS OF iicHANGE ON
J.
33
SniTH, PAYNE & SmiTH'S,
BANKERS, LONDON;
BANCHESTER
tc
"LIMITED;"
;
ULSTER BANKINtt COHtPANY,
BELFAST, ntELAND
AKD ON THS
NATIONAL BANK OF SCOTLAND,
Exchange and transact a general
commission business. Particular attention
S.
S.
J.
KXKSEDT.
J.
Kennedy
KXNNXDT TOD,
&
Co.,
WILLIAM STREET,
New York.
DRAW BILLS ON LONDON.
BUT COai.UERCIAL PAPER AND BILLS
No. 63
OF EXCHANGE.
Act as Aoxnts roB banks, bankers
RAILIIOAD Companies.
aito
MAKE TELEGRAPHIC TRANSFERS.
lime CommorclBl
Credits
in
Sterling, »'»"»'"o
available
throughout the World.
Bar AXD SELL INVESTMENT SECURITIEa.
0<rileet
DlTldends, Cottons and Forelsa and Inland
Drafts
Co.,
61 BROADWAY, NEW YORK.
Membebs of New Yobk Stock Kxcbanqi.
Knoblauch
&
ALSO,
JOBN
&
Lichtenstein,
BANKERS,
a9 TYUIlam
St.,
cor.
NEW
Excbanee
Place,
YORK.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issne
Credit on all principal cities of Europe.
(IncliidlnK Guarantee and
Reserve Funds) £441,089.
Letters of Credit and Drafts issued on the 87
branches of the Bank in theColonies of Queensland,
New South Wales, Victorisi South Aust ralia, Tasmania, and New Zeiilnnd. Bills negotiated or .sent for
Collection. Teleeraphlc transfers made. Deposits
received in London at interest for fixed periods on
terms vrhlch may be ascertained at the office.
PRIDEAUX SBLBY,
Established in
J.
H. Latham
($4,800,000 Gold.)
HEAD OFFICE
Agencies
IN
AMSTERDAM.
it, Batavia, Soerabaya and Samarang
Correspondents In Padang.
Issue commercial credits, make advances on ship
ments of staple merchandise, and transact other
business of a financial character in connection Tltli
the trade with the Dutch East Indies.
BLAKE BROTHERS &
CO.,
AGENTS FOR North America,
W WALL STREET, NEW YORK.
88 STATE STREET, BOSTON'
Adolph
Boissevain
BANKERS
& Co.
AND
coninissioN inBRCHANTS,
AMSTERDAM. HOLLAND
N. Y. Correspondents— Messr s.
Rlake Bbos. & Co
Hong Kong &
Shanghai
BANKING CORPORATION.
CAPITAL (paid-up)
»S.OOO,000
1,900,000
RESERVE FUND
BEAD
OFFICE,
BONO KONO.
The Corporation grant Drafts, Issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon,
Manila, Hong Kong, Fooohow, Amoy, Ningpo,
Shanghai, Hankow, Yokohama, Hlogo, San Francisco and London.
A. M.
TOWNSEND,
Agent,
47 William
St.
Canadian Bankers.
AGENCT OF THB
Letters of
F.
w. PIRBT
&
Co.,
UNITED BANK BUILDING,
2 WALL STREET,
INVESTMENT SECURITIES,
Oily, Bailroad d itiscellaneous
1863.
Paid-Dp Capital, 12,000,000 Gnlldera,
Bank
SPECIAL PARTNER,
H. LATHAM.
Secretary.
Handel sbank,
AMSTERDAItl, HOLLAND.
DECTSCHX. RANK, RerUn.
J.
1835.)
4 Threadneedle St., Loudon, Ensland.
PAID-UP CAPITAL, Xl.iOO.OOO.
„„„,
UNDIVIDED PROFITS
No.
BANKERS AND BROKERS,
EDINBUBG, AND BRANCHES;
CABLE TRANSFERS AND LETTERS OF CREDIT
Co.,
Bills of
William Heath
Australasia,
(INCORPORATED
given to American Securities.
COUNTY BANK,
MANCHESTER, PAYABLE IN LONDON
&
BANKERS,
10 Ansel Court, London, England.
flnanoial
Bank of
LONDON:
WM. BUSSgLL WlSI^
William Heath
Draw
Foreign Bankers.
York.
AND
nUNROE ac CO., paris.
NEW YORK:
William Heath,
TBBLINe CHEQUES AND BILLS AT SIXTY Chables
E. QniNOKT.
DAYS' SIGHT ON
tc
New
Sts,,
CABLE TRAN8FEE8, BILLS OF EXCHANGE
No. 8 Wall Street, New York,
Ho. 4 Post OflBce Square, Roston.
CHEQUES AND GABLE TRANSFERS OK
AUBXANDERS
Co.,
FOREIGN BANKERS.
Issne Letters of Credit for Trarelers,
tralia
ALL PARTS OF THE WORLD.
Nederlandsch Indische
&
Kidder, Peabody
BOSTON, MASS.,
YORK.
Canadian Bank of Commerce,
16 EXCHANGE PLACE,
Co.,
;
63 WALL 8TRBBT. NEW YORK.
lUKFoN.
S8 -lATK sritKK'i
WALKER,
TKANSFKRS, ETC.
oii aii
^S.
B. E,
JOINT AGENTS
AMSTERDAM. BUY AND SELL STERLING BX CHANGE, GABLB
-
Jesup, Paton
mONEY
BETWEEN
(kadto
PARIS.
)
IN
GOADBT &
H,
J.
IN
Francs, In Martinique and Quadalonpe.
,
BROKERS
ISSUE COMMERCIAL CREDITS, AVAILABLE
DAKB TELEGRAPHIC
TRANSFERS
Olf
,
LONDON.
-
Cable Transfers.
Foreign Exchantre, Stocks and Bonds,
63 Wall Street, New York.
Special attention paid to orders at the New York
Stock Kxchanireand Npw Vork Minini; B lard.
;
ROSB & CO
BlIiL,S
FXCIIANlSE MORTON,
HOTTINGUER & CO
ON GREAT BRITAIN AND IRELAND, FRANCE, CRBDIT
LYONNAI8
OHRMANY. BBl.HIUM, SWITZERLAND, NORWAY,DKNMARK, SWEDEN AND HOLLAND. AMSTBRDAMSCHK BANK,
And in
change,
Hilmers,McGowan & Co
&
Travelers
parts of the world. Negotiate flrst-class Hallway,
City and State Loans make telegraphic transfers
of money and draw Exchange on
;
.
Money
.Issue Circular
Co.,
York.
London (Limited),
LoUflon.
COR. OF CEDAR,
NKW
CO.,
LONDON
ST.,
ol
JHemrg. John Bcrcnlierg, Gosgler 4; Co.,
Hamburg,
Commercial. and Travelers' Credits, Bills of Ex-
on California, Europe and Havana.
Bliss
Bank
International
_
Also Ck>mmerclal Credits and. Transfers of
Morton,
New
Street,
COBUESPONDENTS OF THE
parts of the
all
and their correspondents.
Deiiosits received fobjeci to Draft.
ATTOKWSTS ATffD AeSTTTS
KleMrs. J. 8. idOKnAN
82 'truiiam
MESSRS. DE ROTHSCHIIiD
Harlft.
|,
Ruckgaber,
B ANKEE_S,
21 Nassau Street,
&:
&
Sehulz
Co.,
&c
Issue Travelers' Credits, available In
world, through the
hoaicvard Haussuiaoi
FOKEKiN BANK itR.-
AflTD
Kos> 19
Fore ign Exchange.
Excliaii{;e.
Drexel, Morgan & Co., August Belmont
BANKERS,
MALL sTKHvl,
XXXIV.
[Vol.
SUxkt and Bond*
FOREIGN EXCHANGE.
OF
British
North America,
No. 62
WALL STREET.
Buy and sell Sterling Exchange and Cable Tran^
fers. Issue demand drafts on Scotland and Ireland
also on Canada, British Columbia, Portland, Oregon.
Ban Francisco and Chicago.
Bills coUeoted and other banking business tram
D. A. MOTAVISH, ) .^onU
•Oted.
{Agents
W. LAW80N.
:
FuinCAUT
35, 1BS3.
Canadian Bnnkora.
Boiton
Baniion.
Foote & French,
OF CAKAOA.
BANKKIIS,
$0,000,000 Paid Up.
I'rtmllloni, the Il.m JOHN HAMILTON.
VU'.'-lTodldonl, JOHN McLKNNAN. Ksq., M.I*.
HEAD OFFICE, AMINTIIEA I,.
-
•
-
UBUKCK IIAOUK. liiMiorul Mi>nuKi>r.
WM. J. lN(iKA.VI, AHxlKtuiit ijciicral
The
OF ALL
Mnnagor.
48 Exchanne
Aicncjr.
HKNKY
JOHN
IIAOUB,
Jn.,
VOR-X,
No.
A<tonl.
!'*'""'""•
Brewster, Basset
6c
courts of the Stats of New York,
Full inforiaatlon as to details, rates, Ac^ con be
obtained on application to head office, 187 Brood-
way. N. Y.
WM. M. RicmAuns. Prest. .Tottx M. Craxz,
W. Uauvey Lek. Inspector.
T. Hopo.O. O. Williams, Ooo.
Coe, Charles Dennis, J. ^. T. Stranahan. A. B.
Hull. A. 8. Barnes. S. R. Chittenden. 11. A. Hurlbnt,
W. G. Low, Da»ld Dows. J. D. Vermllye, Alex.
Mitchell, Wm, Ti. Richards.
S.
Stackpole,
Bonds
BANKERS,
C. F.
BMITHERS,
W.
J.
yew YORK
Nos. 59
tc.
61
OfFlCE,
WALL SXHEET.
Orders for Stocks executed In Boston.
find ottier markers.
C.has.
:
A. Sweet
;
40
-
66
BROADWAY, NE%V YORK,
Boaghtand Sold on CoiamtssK/a.
Virginia Tai-BfceivrMe Comxmt Bought.
SOUIUEHN KKCVUIIIKS a SPHOlALlt.
LOA.NS NKtiOTIATED.
INTKHE8T ALLOWED ON' J>KP08tTS.
The Nevada Bank
WAL8TON
OF
8.
BONDS,
11
^FUNDING
Anglo-Californian Bank
(LIMITED).
Seli^man A Co.
CorrespoDd'tci, Macsacbuaotto N. B'k.
Wliilo
St.
-
$6,000,000.
1,700,000.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available In
<all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the mostfaTOi^
FHKIVK F. LOW,
(«._.„-_
ION ATX 8TE1NHAET, ^'°*""LILIBNTUAL, Cashier.
TUB NBOO-
OF
58,
Valley Railroail of Olilo Ist mortgage 7«,
& W.
-
York.
St Louts Keokuk & NortU weet. R' way Seourltleg
Qiiiney Missouri &. Paciilc Railway Securities,
Little Rock Miss. River & Texas B'y Securities,
LONDON, Head Office, S Angel Court.
SAN FKANCI!iVO Offic«, 422 California St
'
:
Water RR. of lud. Stock, Com. and Pref.,
& Terro Haute RR. (oom-
Louis Vandalla
mon) Stock,
Shore Line RailwayStock
New HaTon ii Derby
(of Conn.),
Railroad Stock,
DEALT IN BY
I
S.\9IVEL.
ableterms.
H. BARROW:$.
j
1
P. N.
BANKERS,
Pine Street, New
RAILROAD SECURITIES.
MTY
OF SPRl.NGFIELD, ILL.,
I
TUK
Anthorlzed Capital, •
Paid up and Iteaerre,
FRK1>, A. BROWN',
BnoW.N.
V.
TIATIO.S
able In any part of the world. Draws Kxchange,
Toraign and inland, and makes Transfers of Money
br TeTagraph and Cable.
ROSTON
BUOWN.
UKUBKUT
SPSCIAL ATTENTION GIVBN TO
GEORGE
AgcEtg, J.
n.
Walston H.Brown 6c Bros
St.
L. RRANDEK, AKcnt.
I83DVS Commercial and Travelers* Credits, nrall*
NEW VOKK
Co.,
KAILKOAO & MISCELLANEOUS SEclfKlTlKS
Ban lis.
«UBPLU8, INVEeXED" IN TJ.
84,000,000 GOLD.
6c
& r NASSAU ST., NEW YORK,
LIBRARY ST., PHILADELPHIA,
PORTLAND ULOCK, CUICAUU.
5
434
|
DEALElia IX
New York
SAN FRANCISCO.
Agency, 62 Wail
Guarantee.
ij
Clrat-ClaaH luveetuient Secnrltles.
Uf.VKRNMKST BUNDS, STATE. CITY, COUNTY
aoft Alliance
Yorlt.
CON.
FINANCE COMP'Y,
i
ciat Bills
New
STREET.
Where all Information and forma may be obtained,
or from the Uead Oibce. Montreal, Canada.
The business of this Company Is solely that of
BANKERS AND BKOKKRS,
<la:
California
OFFICE:
No. 47 WILLIA.1I
AMERICAN
canada.
Bonds, etc., bouk'ht and sold.
Correspondents— Uank of New Y'ork,
Hank. Ix'ndon.
Co.,
I'iiiaiiviHl.
R. A. Lancaster
Prompt attention given to Colleo<lon of Commer*
and CanadlHn Funds on ait points in CanuAmenciin and Sterling i£xchange, and Stocks,
Edwakd kawumos.
I
GOVKRNMKNT SECUaiTIBS
State. City. County and Railroad Bonds.
mill JJ
—
^I
Bankers and Stock Bboeees,
208,000
General sranaffer:
1
KEW YORK
DKAL,EKS IN
Gzowski & Buchan,
- -
STATE STREET,
3'iU,U0O
President:
Sib Alex. T. Qalt.
New York
BANKERS
No. 9 Blrcbln Lane.
tokonto,
6c
270,000
Cash capital
Cash assets over
Deposit at Albany
ROSTON.
Bay and sell Sterling Exchange. Francs and Cable
Tranaf era grant Commercial and Trarelors Credits
araltable In any part of the world Issue drafts on
and make oollectlona In Chicago and throughout
the Domlnltm of Canada.
Ofllce,
OF NORTH AMERICA.
DEVONSIIIKE 8TREET,
8-;
Guarantee Co.
Tlie
Co.,
BANKERS,
No.
Walter Watson, jAgenu
X Aeon**
ALkx-uLANe,
London
&
Tower, Giddings
BUCHANAN, General Manager.
Suretyship
OFFICERS AND EMPLOYEES HOLDING POSITIONS OF TKUST.
BOSTOX.
President.
of*
FOR
DEVONSHIRE STREET,
913,000,000, Gold.
5,000,000, Gold.
•
•
Seo'r.
DinECTORB—tieorve
Dealera In Municipal, Mtate. KnIIroad and
Colled Statea Bands.
No. 68
ffl7S.Or*oa
t
moderate chunros.
The bonds or this Companr aro accepted by the
ALSO.
Bank of Montreal,
TOBK.
^<. Bunds..:
260.000 00
with Insunmce 0>>[>iirtment.. 100.000 00
Officials of Banks. Itai'roiid. nnd Transp •rtoilon
Companies, Managers. Secretiirles and Clerks of
Public Companies, lnstitu<ir)ns and Comroeroial
tlrmp. can <,btAln security from this CompeuiT at
On depos
STOCK EXCUANCES.
&
KEW
Assets
Capital inrestad in U.
I
Parker
.
of'S!siiretysliip.
OF
Co.,
UBMBBaS OF Tns NE^V YOKh. AND BOSTON
I
Alex. McCae,
Itolfe,
FIDELITY at CAf^VALTV CO.
BOSTO\.
JUtANCHES:
Port Colborne, St. Thoraas, Tngorsoll,
Welland, Fergus, Woodstock, Winnipeg, Man.
Dealers In American Currency & Sterling Exchange.
Agents In New York:
Agents In liOndon
DoDANQL'icT, Salt A CO., Ba.nk or Muntsbal,
BU Wall Street.
78 Lombard street.
Promptest attention paid to collections payable in
AD7 part of Canada.
Approved Canadian business paper, payable In
gold or currency, discounted at too lleud Otiloe on
reasonable terms, and proceeds remitted to any
part of tho United States by draft on New York.
I'.
liondH
CONGRESS STREET,
35
No.
i
WM
BANKERS,
Cashier
and persons
baalneM. will
MS,
>,f
nient depoaltorr
........... I.N, VIce-Pras't.
.
Chas.I(..MarTln. A. A. I»w.
K. K. Knnwlt'm, Abin. ll.llnjrH'. Ilenrr K. Sheldon,
IL K. I'lerrepont. I>iiT.'i (.'iKiuiiccr. John T. Martin.
Alex. M. White, Jn>inh O. Low. Kdmand W.Corllae
Krrdorlo Croniwoll.
U. BUNKER. Becretarr.
BOSTON, MASS.
Bt. Catharines.
CAPITAL,
MJRFLCS,
irities.
R. Kendall. Ilcnrr .Snniter,
John
FUILADELFIIIA,
OFFICE, TORONTO.
:
Wm.
CONGRESS STREET AND
2 CONGRESS SQUARE,
No. 7
Place.
WILKIE,
D. R.
mananement of
^f
TIlUlSTEES
NEW
Capital, $1,000,000.
HEAD
.">'>
^Fvidends. reeelre
ke purchase and
I
formonoi.
Imperial Bank of Canada
nOWLAND, I'rcs't
»"
'
r;
nnneciisl
tiid this
BOSTON,
Chloaso Branch) 138 Wnahinmon (Street.
J. S. MBUUDITII. Manager.
H. 8.
«'
lUilltrli.h
I
UAHIU^,
13.
sale of
ISSUES.
OOiimSSIOX ORDERS SXEOVTED IH
N»iT York Aiiercy bnys and sells Sterllnff Ejc-
M, T.
is ant hcrttml br special charter to
set as rt4o«Mvor, truster, suiinllan executor, or adBtnlstrutor.
IN
refrlstrjii'
dbtuuic, (Nblo Tmnsford. iMUes I'redtts u*allRble la
ftll paru of tho world, mttk04 oolleottons In Cnnftda
ftna alwwhere. and iHnues Drafia puyublu nt iiny ox
ttie oittces of tno bank In Canada. Detnund I>ruf(s
iMaed payable In Scotland and Ireland, and uvvry
dMorlpllun of forelKn blanking business undenakOD.
lew York
4 CllDtoaaU..Broaklra,
This Company
It can M'" •" "!"•''
real estiit<
UANKKKS:
lONDON, KNO.-Tho Clydesdulm Banking Comp'jr.
NKW VoUlC-TliB Unnk uf Now York, N. U. A.
^
The Brooklyn Txust Co.
Cor.of Uootaaim
AND DBALKBS
lit
'
Fliianoiai.
Merchants Bank
Capllnl,
=
THE CHRONICLE.
|
I
36
BBOAD
STKEIiT.
Capital Stock, - • - 91,000,000
SOUND INVESTMENT SECURITIES famished
to Corporate
and Private Investors.
CAPITAL FUUNISHEU OU PROCCIIKD
for
Railroad Companies bavin)? Hues under constmctlon, and their Bonds purchased or nejrotlated.
FINANCIAL NEGOTIATIONS conducted for
States, Counties. Towns and Cities, and for Railroad
Companies and other Corporations.
WILL CONDUCT TUB FINANCIAL BK.«BANIZATION of Railroad Compan'es and other
Corporations whose property Is In the hands of
Receivers or Trustees.
WILL BUY AMD SELL INVESTMENT 8ECDBITISS on Commlsilon.
WILL BUY OK SELL DEFAULTED BONDS or
convert them into interest-paying investments.
Circulars and other Information furnished on application.
JOHN O. SHORT, Prealdent.
JOHN C. NEW. Vlre-Prealdent.
WM. P. IVATSON, Scc'y and Treas.
^lijj^S,pOKDE]^
y Epn^S.
25 ffNeST.-r^euj^ORK*
'J
Purchase and sell on Commission OOVBBNMBNT
and RAILROAD BONDS and STOCKS, and aU
classes of Securities dealt In at the f»KW TORK
STOCK EXCHANGE,
or
all
reputable eeoaritlei
bouKht and sold lo the OPEN MARKET. LOANS
and COMMERCIAL PAPER nenotloted. Intorcst
paid on
DEPOSITS, SDbJect to cheek.
THE
JV
(JHliONlCLE.
Wood,
Albert E. Hachfield,
Bonds
Indluispolia
JoUet
ft
at
Execute orders in all securities
York Stock Exchange. For Sale,
FIHST-CLASS ilAILttOAD " IST MOKTOAOE BcKD.S."
GEORGE C. WOOD. C. H. HUK&TIS. L. il.SWAN.
J
& St. Lonla Isti.
Columbtu & Toledo
Nortkern
Ista.
A SPECIALTY.
Coleman Benedict 6c Co.
Cash paid at once for the above Securities or
tbey win be 8(>]d on ccmmisskHi. at seller'a option.
NEW YORK,
,
N.
V STOCK
KXCHANOK.
A strictly comiiiiBBlon bnslnesa conducted in the
purchase and sale of Stocks and Bondt, un Margin
or for Inyeslment.
Complete Kinanciul Report issued weekly to our
oorrespofident*.
&
Hatch
BXNKBKM,
Foote,
tVALL !«'rnEK1,
No. lU
BITY
MI8CK1.
5c Co.,
BANKERS AND COMMISSION MERCHANa.-;
Neiv Vork.
SAYAi\.\AH BliNK &•
Cities oi Pittsburg
County
GEO. B. HlIiL & CO., Brokers,
PITTSBURG, PA.
flounty, City Jb Town Bonds ot West. States,
.'Wisconsin Central ItK. Old Land Grant Bonds.
& Western RR. Stock.
COJU'A\Y.
bares
No. 18 Post-office
A SSIGNEK'S
.-.
UILLund
WM. S. THOMSON,
A«3ignees of. „,
Cltliens' Bank ot Ueorgja, Atlanta, Qa.
JoSEni RAlLROAri
Company, No. 7« hkiiadway,
J
New
^
KHiHV
BIX
PER CENT,
PEll
^
-T.
oris, February 20, 1888.
1,
1882,
CENT convertible
)
ON THE
bonds and the
consolidattd bonds of this ccm"
pajiy will be paid on and after the Ist day of Marcfu
1882. at the Bank of North America, No.
VVal^
street.
New
Y- rk.
«
JOHN
A.
HILTON,
all
17
INTEREST PAYABLE QUARTERLY,
JANUARY, APRIL, JULY Jk OCTOBER,
The undersigned are prepared to receive Subscriptions for a limited amount of these Bonds st
par, reserving the right to advance the price witbout notice.
recommend these securities as a
safe and desirable investment. For further infor}
We
JAUIES
G.
KING'S
'
day of Avrii,lt82.
DUPRAT,
Assistant Secretary.
^"«»TKUCTION
4= i.'.^^r.H}"
^o^^mccTioN
iri-vn JT
T^L^^**
.5:f-,»»'?£"
.....' ;„'• '
" '»• February i;4, 1^82.— An IN.
8TA
Ai.MK.NT
(N0.3, Uh- TUN I'KR CENT
is hereby
c» led from ,\.X.°""'*^*^"'erH
mihii-rthor. to
,,, the
•!,<. ..;;„.._ ..._'l"'r'"'J
the subscribers
above fund
find oav».
i
*
;
pay^
able
•bietotlio
to :the
t^KN'i'HAT. TiiiT.j'r .vv/^x
.r»v, i. . ,it" "p" t^***^
CENTItAL
jia i 01
of ivew
York on March 6, 1882.
I . VV.
Trustee.
me
New
OcuvY'f^*i^Jff^ JOCUisTITA MINING
SU.\!>,
St.,
New
York.
No. 74 Broadway,
New
York.
and 53 William
Ala.
Interest payable semi-annuully upon the first
days of JANUARY and JULY.
This road forms with the I.elaware Lackawanna
ft Western Railroad a direct throu.^}i line from
YORK TO
NK^V
The Mortgage
Alb.A Sus. RR.
FOR SALE BY
nio»ES TAV1.0R
53
& Hudson
Dsl.
Dol.Lack.
ft
RR. bonds.
Lake Shore RR. 7s,
Mich. Central RR. 7s,
Morris ft Essex RR. 7b,
N. Y. Central RR. bonds.
N. Y. ft Harlem RR. 78,
Ohio ft W.Va RR. 1st, 7s,
Scioto Valley RR. bonds
7s,
W. RR.
7s,
BOUGHT AND SOLD BY
EASTO-^,
with BOODY, McLELLAN &
8s,
New York
CO.,
Stock Kxchange,
Sc SECURITY
TRY EXCHANGE. REGIS-
(LIMITED.)
INCORPORATED,
40
NEW
7
J.
WALL
STREET,
NEW YORK.
STREET,
TEXAS RAILWAYS.
HONItS, LANDS, &c^
Investment
Desirable Texas Securities for
Btantly on banc
ICouritze
c<*r-
Brothers,
120
Broadway
N
12
(Equitable BuUdiiiff)^
W
V O
It
K
.
LETTERS OF CKEillT ANB
BROADWAY.
58
CO.,
BAN KERB,
78,
A,
1).
No.
and stock,
Paul M.ft M.RR. 1st
Union Paciflc RR.Bs ft
St.
&
WALL STREET
C. Chew,
AND TOWN BONDS.
1st con. 7s,|Erie
Atlan. & Pac. RR. 1st
Cent. Paciflc RR. gold Be,
Chic. Burl, i Q. RR. 7s,
Chic. M1I.& St.P. RR. bds,
Chic. & Nerthw. RR. bds.,
Chic. R. 1. i Pac. RR. 83.
C. C. C. &, I. RR. con. 7s,
Continental Con. Stock.
KI;FF.II.0.
a flrst lien upon the equipment
as well as upon the Road.
is
BASEMENT.
C'OL'MY, IITY
New Yor^
FIRST nORT<iAGE six PER CBNT
BONDS OF 1931.
NASSAU STREET,
INVESTMENT
?;;""'"«»• '" January
ifd July
'nnv'^fU'i"
and
1881 ^i-^\*'
1. ml .lanuary, 1882,
respectively.
Nob. ia,4N, HO. D7, 100. llll. 42, lAl, 2 6 37B 410 4BB
B58. 095, 8l« 73>, 758. 783, 8't<, -Rlwi S37' M?' S?!'
B84. 101(5, 1039. 1 104. 1 '38. 1V47, 1251 12%<
12'ffi 1^ s'
l."t»2, 14 i, 14.«2, 14.W, 1:5,3, 1474
1038 15W ' vSi ^*'"^'
Sm'
1622, ItHl, luao, loss; 17ti.); 1,70
lutcrcst .m tlie iib'.vc numbered bonds
will cease
TRUST COMPANY'
PAB RAMORK,
V ear Bonds.
Fifty-
other quotable Construction Stocks.
'
Secretary.
C'EWT.
ERN RAILWAY COMPANY
DEALER IN
American Cable Construction Company,
Continestal Construction and Improvement Co.,
North River Construction Company,
Ohio Central Subscriptions,
Rich^H^ West Pt. Terminal & W'housing Co.
New 1^^ Chicago &. St. Louis Subscription, and
5tl'
A.
PER
riVE
NEW YORK LACKAWANNA & WEST-
STANTON,
S.
"' the tirst mortgage
^/.I"",^''""''"',"™'''''""*
of
this ( ompany ihe following numbered
first innrtta«e seven per cent, sinkliig fund bunds will be reecnied at the Company'^ oRlce, 120 Broadway,
at
Bjranrtaocru.d ;„te,e»t.on the Urst day of April,
first
RAILROAD COMPANY.
FIRST CONSOLIDATED MORTGAei
jnAXWELL & GRAVES,
Indianapolis. Ind., and Montgomery,
Bankers and Members
from the
LONG ISLAND
No. 115 Broadway,
INDItNA 6 PER CENT,
SOrrilEICN 8 t'EK OENT,
WRITE
FKAXCIS Ai-niTU & CO.,
J.
SB
No. 43 Milk Street, Boston.
FAR CHOICE
TND1ANAPOLI8 DECATf K & SPRING^
FIEiLd RAILKO D COMPANY.
""*
INVESTMENTS
COUNTRY BANKERS.
51
quare, Boston, Mass.
nOUPONS DUE MAllCH
& Paciflc RR. Bonds.
Joseph Mo.. Old Bonds.
Bought by WM. R. UTLKV,
^0. 31 PINU STREET, NEW YORK
CO.,
L. J.
HAKNIBAL and
I
Mortgage Loans,
SALE OF VALUABLE UN-
,
j
I'ersonal attention given at the EXCHANGES tothe purchase and sale of STOCKS and BONOS for
cash or on margin.
DEPOSITS RECEIVED— subject to check at sight
— with interest upon balances.
CORBIN HANKING COnPA NY,
sell 500
In front
the Court
House door of Fulton County, in Atlanta, Ga., on
Tuesday, the 7lh day of March next, if not previ• JSly sod at prirate sale. BJ5 shares of the capital
(tock of the AsheTille & SpartanburK Railroad.
The capital stock of said road consists of 10.500
shares, and the indebtedness of the road will nut
exc^ ed $30,000. Tlie road is coatpleted and in operation from Spartanburg, South Carolitia, to HenderSODTille, North Carolina, and when a link of twenty
miles from Uendersonville to Ashevilie (a lar^e
part of which Is already graded) is completed, a
throuKb all-rail connection from the East Tennessee system at Morristown. Tenn., to Charleston'
B.C., win be had, making the most dlrearoKte from
the West to Charleston.
Private bids will be received until the day of sale.
.
^'•
BRANCH OFPICES X^i
Fh^^^^£"l'^'
ii?*(» I
hapel St., New^ ^i
Harek.
Amerit an C'lble Co. Subscriulions.
Midland Railroad of N. J. Securities.
Chicago & Grand Trunk RU. SecurirlesSouth Carolina RK Securities.
Grand Rapids & Indiana ItR. -^tock.
Cinoinnati Richmond & Fort Wayne .-took.
USTKU RAILROAD STOCK.
We will sell at public outcry before
-'*
14
mation apply to
of the stock ol ihc above compaoy.
of ihe Court liouse door of Chatham County, In
the Cliy of favanniih, on TUKSUAY, March 7th,
1882. For furtLer iLfoniiatron apply to
WARRKN &
Sons,
BANKERS,
NASSAU STREET, NEW YOHK.
Internatitmal
TRUST
ADMINISTRATOR'S SALE.
KENNEDY & BLUN, Auctioneers, will
OF THE
and Alleghony, Pa., and
Pa.
ol Allcglieny,
Improvement Co. Subscrlptioos.
Brooklyn iClevated RR. Securities.
R. T. Wilson
i^oiirl.
TO PURCHASE ALL CLASSES OF BONDS
St. J oseph
St. Joseph
City ot St.
BKU.
A2rz>
GOVERNMENT BONDB. STOCKS ANR
LANB0U3 sarURlTlBS.
2 Kkc'iiaiise
WANTED
AXD BOXDS,
J!»'IOC»!»
MBMBBUS OF THE
Batch.
Hatch.
if.
Special attention paid to
Stocks
Insurance
W. T. Hatch &
accounts of
Dealings in
1804.
ST.,
S.
PINK STKEBT.
7
ESTABI. I8IIEU
BKOAD
Bailey,
E.
Ists.
CinctDDHti Richmond & Fort Wayno Stock.
Cbiclnnati Hamilton t Dayton Bond»
No. 24
NEW YORK,
-0
tienerally.
WANTED
ST.,
P.
Arthur
,
BANKERS AND BROKERS,
SUCCKSSOBS TO
OOD &, DAVI§.
the New
lUted
1I«aU In InTestinent Securltie* and
Btnm
Walter T. Hatch.
Nath'l W. T. Hal»h.
& Co
Huestis
PINE
31
STKBKT,
N*SS,1C
IT
Financial.
Financial.
Financial.
XXXrV.
[Vol.
C1RCCJI4AR NOTES
Issued tor the use of travelers in
all parts of the world.
Bills drawn on the Union Bonk of T^ondon
T^Iegiuphio transfers mude to London and to
various places in the United titatea.
Deposits received subjoct to check at alK^t, and Interest allowed on baiuncea.
GoTerninent and other bonds and investment so>
ouritiea bouirbt
1881.
NEW YORK.
"'" '"' opened on
after
?,W?,cS?'^,™''®
HCKSDaY, Dec. 1, 1881, from 9 A. M.and
to 4
for dealings uudijr the co-operative contract sysin all active Stocks. Investment and Unltsted
K'icurities, on a margin of one or more per
cent as
PM
tem,
agreed upon between buyers and seiiors uirect. and
at a reduced expense for brokerage. Contracts for
not less than 100 shares. .Vlarglns deposited in
Trust Company.
JOHN L. H0B8ON, Beoretary
wnd sold on
comi]]ii)sioQ.
Spencer Trask
Fred. B. Noyts.
Geo. F, Peahody.
Spencer Trask & Co.,
BANKERS AND BROKERS,
70 Broadway,
New York
City.
Car Trust Bonds.
Transact a general Banking Jiusinest-
WE MAKE A SPECIALTY OF TUKSB VERY
SAFE SECURITIES, AND BUY AND SELL SAME
Stocks Bought and Sold on Margins,.
Interest allowed on Deposits^
AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DBSlttBranou Offices,
DIVIDEND No. 3.
_.
ABLB CAR TRUST ISSUES, ADDITIONALLY
Tile JnouletUu Mini! g Comoanv ha« thl« d«.
Connected by Private Wires,
BECLUBD BY TUK DIRECT OBLIGATION OF
TUE RAILWAY EQUIPMENT COMPANY.
Philadelphia, 132 S. Third St., C. F. Fox_
•fe"aiXe\^Sce'^^-L^°L"^?y-rM"i
POST, niAKTlJV A: CO.,
Albany, N.Y., Maiden Lane, W. A. QBATia.
34 rXSE 3TKEEr.
Saratoga, N, Y., Grand Union Hot^
'
,1..
xmm
HUNT'S MERCHANTS' MAGAZINE,
HRI'RKSENTINQ THE INDUSTRIAL
AND COMMERCIAL INTERESTS OF THE UNITED
[Entered, according to act of Congress, In the year 1882, by Vtu. B.
Dama A
SATURDAY, FEBRUARY
VOL. 34
CONTENTS.
THE
Tb»
Will
Bring and
about LouisTlUo
i
.
Riiwln aadOeneral Skobeleff's
I
I
215
KiitfUsh News
217 Comuierclal aud Misceilaneoiia
^
ISluluc'8
Diplomacy
1
News
TIIE BANKERS' QA/.i-rrTE.
Money
Quo'HMiiiisorStocksandBonaH
22.5
Lnoal Securities
•nd
New York
226
Rallroail
Earnings and Bank
227
Returns
Invcatnieuts, and State, City
and Corporation Fiuances... 228
THE COMMERCIAL
•Mnmerolal Epitome
•Mton.
.... 2.12
1
232
I
TIMES.
238
239
Kreadstufts
Dry Goods
ue Clxvouiclc.
Sl>
A!«D Fi:<AiiciAL Chbunici^ u isDued every Saturday morning, with the latent netoa up to midnight of FHdni/.
Entered at the Post OlHco, New York, N. Y., as second-class mail iiialtcr.J
TERMS OF SUBSCRIPTiON-PAYABLE
IN
For One Year lincludlug postage)
For Six MouihH
do
Annual Bul)Hcri|>tloB in London (including postage)
Sixmos.
do
do
do
ADVANCEi
$10
20.
6 10.
£2
1
7s.
8s.
Subscriptions will be continued until ordered stopped by a toritten
trder, or al the piibHcntion offlee. Tlie Publishers cannot be responsible
for Remittances uiilotw made by Drafts or Post-OfHce Money Orders.
A neat Ille cover !« furnished at 50 cents postage on the same is 18
;
Volumes bound
for subscribers at
.$1
00.
Liverpool
Ofllco.
The office of the Chronici.k
Liverpool is at No. 5 Brown's BuildlOKS, where subscriptions and advertisements will bo taken at the
regular rates, and single copies of the paper .supplied at 1b. each.
m
WILLIAM
B.
DAKA.
/oair a. FLOYD.
WILLIAM
(
79
i
<c
B. DANA & CO., Publishers,
81 William Stra«t,
YORK.
NEW
Post Office Box 958.
THE FINANCIAL SITUATION.
"While the sitnation abroad has been improving, the conof affairs
4ition
(Confidence
is
home has become more
at
disturbed.
being gradually restored on the Continent of
Europe, stringency in the London money market has
way to ease, so that a reduction of one per cent in
"(he Bank rate has been announced, and only here and
^en
ithere,
upon the surface of European
affairs,
are to be seen
^•ny traces of the commotion which prevailed about three
weeks ago. In our markets, however, but especially in
has been
•our stock
market,
•depression,
and almost a panic.
This
is
there
disappointing,
excitement,
great
;
of course.
And
yet
when we
the wild furor for railroad building
largely stimulating our imports, with the prospect,
if not
changed, of an adverse trade balance during the summer
uonths to be paid for in gold and when besides all this,
;
which many of these speculative
though scarcely more than on paper as
railroad enterprises
yet are being bought and sold, propped up much in the
same way as the Union Generate was on the Paris Bourse,
one cannot but feel that although the experience has been
distressing lo individuals, it is a very wholesome medi-
we
see the high values at
—
—
;
construction apparently wholly uncalled for as commercial
add these to the facts above stated, and put
with them also the high-priced combinations or consolidaventures
tions
the
;
which have been
floated
from week
to week,
mainly
residuary legatees of defunct corporations, and one
ing violent changes.
Under such
conditions, then, speculators for a decline took
possession of the market.
Had
prices for produce,
they broke two weeks since, given
way more
when
decidedly,
and exports have become freer, the past few days' experWall Street would most likely have been
ience on
But with the unsatisfactory trade statements
deferred.
weekly issned'j and gold continuing to go out, the event
of constant hammering on inflated values could not be
Of course good and bad properties have
doubtf'jl.
suffered together; still this is not universal, for some of
the best have shown decided strength, and under the
A feature which
circumstances remarkable steadiness.
also helped greatly in the downward movement was the
course Europeans have been pursuing the past two
months. When it became evident that the Paris Bourse
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 properAfter 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 subjected to speculative manipulation could be watched more
readily
-remember tlie peculiar speculations which have been
and are still in progress in numerous staple product?,
blocking our exports
paid for their shares
will readily understand that the financial atmosphere must
have been pretty highly charged, and capable of produc-
Tkm CoiotEBCiAL
vents.
Not many weeks since, we published
and the premiums being
of the construction companies
;
Harbot. Fnn'l);n Ex«hange, U.S. 8eourltlcH. state
Railroad Buudg and
Stocks
223
Saotco in Prices at the N. Y.
Stook Exchange
224
870.
RrtiiniHof theBaaks
218
Moneiiiry
and Couimcrciul
I
Mr.
NO.
previously we 'gave a detailed statement of the new railroad enterprises projected and the
220 vast amount of capital being absorbed by them on another
222 occasion we cited some of the parallel lines in process of
21S
Speooli
215
<i
Til'
I
Keep
list
STATBS.
Washington, D. C.|
1882.
25,
cine for the country.
a
(niKONICLE.
213
FlDiinelal Situation
What
Co., In tbe vffice of tbe Librarian of Congress,
than
American
could
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
The attack upon this
decline in Louisville & Nashville.
property started the decline this week, for it was renewed
on Monday and it readily yielded to the pressure on that
day and on Tuesday then the attention of the speculaThursday
tors for a fall was directed to other stocks.
appeared to be a general field-day for these operators.
First one and then^ another stock was forced downward,
more or less rapidly, throwing the whole market into con;
.
.
THE CHRONICLE.
2U
[Vol.
XXXIV.
Received.
Shipped.
Xcceiplsat and Slnpmenls from N. Y.
was averted by the fact that
the
$1,311,000
that
$1,032,C00
seen
Currency
it
was
as
there were no
44,000
Goia
1,296,000
hour for deliveries had passed without default being
$1,355,000
S28.000
Total
made by any broker, the market wa turned upward and
gold
was
taken
out
of
the
vault
$4,'250,000
of
the
Bank
there was an improvement in the tone by the close, which
of America during the week, including $1,700,000 taken
was continued yesterday with some recovery in prices.
One million of the latter amount was for
This absence of failures is a feature of the present con- out yesterday.
though at the present rate of
Europe,
shipment
to
only
were
also
thatthere
remembered
It will be
dition.
an
operation
is regarded as unprofitable.
such
exchange
they
when
markets
the
produce
in
disasters
a very few
statement
bank
was made upon declining
week's
Last
country,
the
business
interests
of
the
is,
truth
The
broke.
specie, and making allowance for this, the
for
averages
prosperous
in
conservative,
are
a
stated,
often
have
we
as
will give an indication as to what may bo
state, and outside of Wall Street aad the circles which following
have been cornering our leading staples, the semi-panics expected from the bank return of this week.
Disaster, however,
fusion.
As soon
failures.
.
It
that have occujred have produced scarcely a ripple.
would seem natural however, that the events of the week
should have a quieting effect on some trades, especially
Inio Banks. Oulof Bmiks
Sub-Treasury operations, net.
for we
those closely connected with railroad building
capital
rapid
absorption
of
this
that
believe
but
cannot
$
Net Loss.
1,3?5,000
$2,202,869
2,325,000
$2,262,809
973,000
$1,355,000
$4,590,809
$3,235,869
.
-
;
Total
The foreign exchange market has been active.
The
fell off on Monday, but both long and short
were advanced on Tuesday, and on Thursday the long
orders have been filled.
It should be remembered as an important factor in the rate went up one cent on the news of a reduction in the
present trade situation that although our crops are short Bank of England rate of discount; but the market was
and the exports of some staples have been delayed, still irregular on that day, and some bankers were not disposed
time at least
will be discouraged for a
imports will
our
off
fall
after a
and that our
;
brief period,
when
the
old
merchandise exports are larger tban they have
There is,
in any previous year except the last.
total
ever been
it is true,
a decrease of 60 millions during the closing four
sight rate
advance made by other drawers as justfled
by the demand. The supply of bills continues limited,
to regard the
are not very firmly maintained at the close.
but rates
mouths of 1881 compared with the same months of a year The following shows relative prices in London and New
ago, yet for the previous eight months there had been an York of leading stocks and bonds at the opening each ddj.
increase of about 4 millions over the same eight months of
Pe6. 20.
Feb. 21.
Feb. 22.
Feb. 23.
Feb. 24.
1880, while the totals compared with 1879 are, under the
circumstances, very favorable
total being in
in
1879 only
7G.5
For January,
1881.
indeed,
—the
millions against 833 millions
1882,
the
figures will not
be
published for the whole country until next week, but for
New York
three years are as follows,
die totals for the
bearing out the above statement that the
Lond''n jv.r. Lona'n
merchandise
movement
is
Iir59
118
117-59
118
102 00
80 23
2d con. 98 09
m.Cent. 133 28
102
102-00
102
lJ.S.4s,c,
(1.8.3^8
Erie
C.
131-26
Reading
3105f
N. Y.
1881.
am
38- B6
«s«
97-70
10-03
133)^
131)l(
130-i»
130
11734
nvi
102
101-63
38-33
101«
OiH
37«
am
96-72
98^^
96-21
138-18
132«
129M
133-06
;32H
129-62
129
57
2S-47-V
ta
129-74
BtU
S0-19t
London X.T.
11TT.«
3750
98
184-58
01
117-40
a
38;.^
1:M
JfT.Y.
prices.* prices. prices.* prices.
2S-84t
B6-«
Kxch'ge,
cables.
•
1880.
Lond'n
•
large and only exceeded by the previous January.
NEW YOKK Mf.RCHANDISE EXPORTS FOR JANUARY.
Merchandise.
N.T.
prwen.* prices. prices.* prices.
16S2.
-(
4-01
4-91
4-91
4-91
Expressed iu their New York equivalent.
Reading on basis of $50, par value.
The Bank of England rate of discount was reduced on
Thursday to 5 per cent, having stood at 6 since January
9i30,2U4,919
Tot.al mcTcliaiirtisc exports $25,416,566
.$27,848,734 30, or twenty-four days.
The Bank return shows an inWe give the above in this connection because it is crease of £463,000 bullion for the week, and the cable
another proof that trade is still in a conservative condition, reports a gain of £390,000 on balance since then. The
and that there is not a general merchandise speculation in Banks of France and Belgium have reduced their rates to
pi ogress in the country disturbing all values.
We are iiri- 4:^ per cent. The Bank of France reports a gain of
porting largely, particularly railroad materials, and that 9,600,000 francs gold and 4,300,000 francs silver, and the
increase of 76,850,000 francs gold reported for the week
branch of business is being overdone.
The money market has been moderately well supplied ended the 9 th instant proves to have been correct. The
until Thursday.
Then the sharp decline in stocks and Bank of Germany has increased 8,980,009 marks since
The following exhibits the amount of bullion
the distniTjance of loans made such a demand that the last report.
rate was forced up to ^ of one per cent commission and in each of the principal European banks this week and at
interest.
The low reserves of the banks place the market the corresponding date in 1881.
$24,668,691
747.875
in
such a position that
it
$28,526,320
1,738,599
$26,964,780
883,934
can be readily manipulated
if
deemed desirable by speculators for a
decline in stocks, and it would not be surprising if a
resort was had to such manipulation.
But this strinBanU of England
gency will work its own remedy, for it will cause foreign Bank o(
France
bankers to draw sterling for use in this market, and thus Bank of Germany
the supply of funds will become liberal.
Moreover, after Total this -week
such a course
the flurry in stocks
demand
resulting
accounts.
is
over, there should be a lighter
from the
liquidation
The domestic exchanges
of
Total previous -wreck
Gold.
Gold.
Silver.
Silver.
£
Si
27,078,783
21,164,065
33,034.113 45,133,409 21,955,153 18,0.37,011
0.753,250 21.259,750 7.337,230 22,011,75060.951,428 06.393,159 56,971,186 70,048,791
60,247,809 65,790,045 56,020,7:^7 09,939,301.
The Government bond market has been quiet during the
The redemptions at the Sub-Treasury havo been
The $1,000 of the bonds embraced in the 105th call and
speculative
are in favor
of this
centre at all points, except Chicago and St. Louis.
Treasury operations for the week have resulted in a gain,
which is a loss to the banks, of $2,262,868 67. The following will show the extent of the interior movement for
the week.
Feb. 21, 1931.
Feb. 23, 18S2.
is
week.
$22,000
of
those
in
!5454,050 of the former
the
and
100th.
This
leaves
about
$2,729,250 of the latter out-
standing.
The payments by the Assay
Office
through
t)ic
Sub-
—
Fkbruaht
TUK CHllONKJLE.
33, 18t2.]
Treasury (iuring ihe weok amounted to $20,070. Tho
receipts by tlio Assistant Treasurer from tho Custom
Houso wore
XT.
Gold.
17
••
"
*1,00:<,570 00
..
IS....
731,117
8(!
20
410,7.57
-10
'Jl....
71S.IC0 G7
"
22
"
23....
C15,!U7 21
ToUl...
$3.^2l.813 S3
...
WHAT
$703,000 $G2.000 $1,000
1,000
03.000
py3,ooo
27,000
337,000
1,000
27.000
001.000
Holl day
2J,()00
B13.000
WILL BRING
disturbed at tho threatened
we
amount
$.'310.000
$3,000l
to supply
would bo of much less moment, for in supplying it, wo
would not be pulling out tho very supports of our
Our visbusiness, and
thus disturbing all industries.
ible stock now is much of it scattered through the interior
banks, and in large part necessarily locked up in the
108.000
AND KEEP GOLD
Springfield Republican thinks
Tho
Pollttrti.
g-',8l7.O0O »X04.000
our
justiflod in
hands of tho people could not bo defKsndoil
any portion of a foreign demand.
And hero lot us repeat what wo have often eaid before that
Stiver
this country will never securo as strong a position under
Cei-lijleales.
any
financial strain as England and France hold, until we
$178,000
78.000 have gold so abundant as to come into common use as
50,000
currency.
Then an outflow of a few millions to Europe
90,000
Silrer
8.
Notes.
wo woro abundantly
tho monthly production and the
that
in the
upon
OotuMtna of-
Kol).
intended to show that
assertion
now
as follows.
I>H(iC(.
Date.
215
HERE.
are unreasonably
Sub-Treasury as a basis for our legal-tender currency, the
export o! gold and takes
exception to some of our statements with regard to the
gold currents. This .is such an interesting inquiry that it
latter
being in no degree responsive to comm.erce.
little
the banks of this and other leading cities hold,
only supply exports can bo drawn from.
while for us to repeat and explain our posi
notwithstanding our limited space, although judging
The
is
the
our friends
If
may be worth
in the "West
tion,
greenbacks, that act would set loose the most of the stock
would consent
to gather
up and destroy the
from its way of putting things wo scarcely expect to make now in the Sub-Treasury, and make an opening for more
We should, however, like gold to fill up the place held by the legal tenders in
a convert of the Republican.
to set
it
right
if
wo
could, because
advocate of sound doctrine, and
it
it is
usually a vigorous
looks to us as
if it
excess of the redemption fund.
wore the
silver coinage law,
This, with
the repeal of
and the withdrawal of the
certi-
ficates, would remove hindrances now operating against
First, the Republican is not pleased with our mode of an inflow of gold, and furnish the tractive power of a
speaking of the nearly 300 millions of gold said to be in pressing need to start such a flow.
We think it has possibly mis- And this brings us to the other point the Republican
tho hands of the people.
far astray in this particular.
—
The reason, or basis, for our assertior,
us.
makes, which is that " gold did not come here because we
what the people have thus absorbed and are absorb- " needed it, but because we had sold the exports and
ing would not "satisfy a drain," is the extent of the " refused to buy the imports or take anything but gold for
We would not refer to this criticism, if
country, the population being so scattered that the gold the "the balance."
Wo do it were immaterial which view were taken. I3ut misconpeople hold cannot be reached for that purpose.
not see any room for question on this point. The United ception here will prevent the country from applying active
States has, on an average, less than 15 persons to the remedies and relegate us commercially to a world of chance
square mile, while Great Britain has 265. But even those or of emotional influences. Does the Republican believe that
figures do not adequately represent the comparative con- there was no force back of that "refusal to buy imports
coaling power of our larger area, 3^ million square "and take nothing but gold for the Dalance" except fickle
miles to Great Britain's 121 thousand.
Furthermore, it public opinion? Does it not see that it was the coercive pow
must be remembered that the gold has not only this vast er of that resumption law and the absolute need it created
space to cover and to hide in, but that we have fifty for gold that compelled us to do so? Suppose the resumpmillionsof people to distribute it among, against 31 millions tion law had read "silver" in the place of "gold"
Put these two conditions together, then as the basis we were seekirg, would not silver have come
in Great Britain.
add the further fact that, tho coin tho people possess instead of gold? The truth is that the years 1877, 1878
appears in good part to be actually hoarded and not in and 1879 record the smallest merchandise imports for
circulation, since we meet it so rarely in our daily trans
inanv a year, while since then they have enormously
actions, and how can we fail to reach the conclusion that it increased, clearly showing that wo did not " refuse to buy
is far more likely private hoardings would largely increase imports " in those three former years because we did not
at the expense of bank holdings, if a gold export of any want them, or because we were heroic and voluntarily
tinderstood
that
—
I
considerable proportions began, than
diminished, that
Again,
lican's
we
is
fail to
would be denied ourselves, but because the requirements of tho
Resumption law and the need it raised, forced the country
the Repub- to take gold and the people to economize.
that they
returned to the banks.
discover tho ground for
We should
exception to our remark, that the country's produc-
not sufficient to add anything to our exportable
not bo so strenuous with regard to this mat-
not feel that the United
States, through a
point,
was
quietly
but surely
this
very
on
moment of misapprehension
extreme confidence, increasing these holdings faster than drifting into an unsafe condition. The country should
production. That is to say, admitting that the gold produc. contain sufficient gold to be responsive to foreign calls,
tion
is
ter did
wo
supply, since the people are even now, in a
tion
is
three millions a
month
—
it is
compilation shows that hoardings
less
than that
all last
— tho Mint
year reached the
high monthly average of G million dollars.
Of course
this
will not go on forever; but as it has been in
progress for the three years ending with the first of last
process
without disturbing our internal commerce at each recurring demand.
as yet.
is
To
We
means in that position
amount required the first necessity
are not by any
secure the
to leave a place for
large our exports are,
it.
It will
if all
not come, no matter
the channels of
how
commerce are
November, and each succeeding year in larger amount, clicked up with silver, silver certificates and legal tenders.
and during the final twelve months more than double It will not even stay under such conditions it will rather
the production, we think it is wholly safe to assume that go where it is more needed, as it is now doing.
Some
the yield of our mines is now disappearing in like manner. fancy that gold is leaving us because our exports are
There is another item the demand for manufacture
they are not small they have never been so large
small
which makes a constant draught of nearly a million a during our whole national existence, except one single
month. But we make no allowance for it, as we only year.
;
—
;
;
THE CHRONICLE.
216
THE RUMORS ABOUT LOUISVILLE
NASH-
dk
declining tendency during a month or more of the
& Nashville Railroad stock, added to the vio-
Louisville
lent fluctuations and remarkable decline of the past week,
has called special attention to the financial standing of this
That a cause for the heavy depreciation
corporation.
should be sought outside of the efforts of leading opera-
and
tors to depress the stock
dition of the property,
is
XXXIV.
it is claimed that owing to the depreswhich has now for so many months prevailed in
the stock 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
The bonds referred to ar«
all the floating liabilities.
probably those to be issued on the Louisville Cincinnati
& Lexington, a road acquired by purchase since the close
of the fiscal year, and $1,500,000 Lebanon-Knoxville
branch bonds and $1,248,000 Selma & Pensacola Division
bonds which the company had on hand June 30, 1881_
increase in this debt
sion
VILLE.
The
[Vol.
in the actual status
and con-
not surprising, while the disincli-
nation of the directors to satisfy public inquiries by making a plain, straightforward statement of the road's present
sioned by the unusual and extraordinary fluctuations in
Considering that the company is a large concern, operating
over two thousand miles of road and earning at present
the shares.
close
standing, has contributed not a
It is
the distrust occa-
little to
not difiBcult to set out the various influences that
have conspired
those engaged in forcing the price
to aid
Persistent rumors of a large floating debt of a
downward.
pressing character, reports (absolutely without foundation)
that the decision of the Tennessee court, declaring unconstitutional the
funding act of that State, would throw upon
the railroad companies a great part of Tennessee's debt,
on to 12 millions a year,
it
can not be said that a
is a very serious item,
floating debt of less than 4 millions
though as
it
was unexpected
it
is
probably proving tem-
porarily inconvenient.
Respecting the company's current business, the weekly
and monthly reports show continued progress.
The
returns for the second week of February have just come
to hand, and on mileage of 2,025 miles this year the earn-
was ready, nay ings are $243,832, against $174,300 on 1,840 miles last
year, an increase of 40 per cent in earnings and 10 per
by the action this week of the City's Sinking Fund Com- cent in mileage. From January 1 to February 14, on the
missioners), assertions that the price was artificially held up same relative mileage, the road increased its earnings
by a clique and must come down in the end, hints of disa- from $1,190,800 to $1,434,029, or $243, 169, equal to 20
Of course the expenses for this period it is yet
greement between the directors, and lately the general per cent.
statements that the City of Louisville
anxious, to dispose of
overflow
its interest in
Southern
of
suspicion
as
operators
intent
been
while
we can
able
see
•and their effect,
have
value
of
too early to obtain, so that these figures give us only an
which indication of the road's gross business. But for the first
upon serving their own purposes six months of the current year, from July 1 to January 1,
turn to their advantage.
to
But we have both gross and net, approximately, in the company's
the
to
have
rivers,
the road (d isproven
what the influences
it
is
helped to excite
all
the
property,
at
work have been
another matter whether, in
quite
its operations for that time, made a few weeks
This statement showed that in the six months
the company earned $5,637,844 gross, and $2,208,028
net, giving 60-1 as the per cent of operating expenses to
exhibit of
since.
forming an estimate of the road's present and prospective
any such importance as has
been given them. This is a very material point, and all earnings.
Besides the net,
the company received
those interested in the property should take pains to weigh $319,014 as income from investments held, &;c., making
the facts of the case carefully, and with due consideration, the total net $2,527,042, out of which was paid $1,886,285
in order to determine just what bearing, present or remote, for fixed charges and taxes, and $543,900 for a 3 per cent
they are likely to have upon the road's prosperity.
semiannual dividend, leaving a surplus on the operaOf all the rumors that have been put in circulation, tions for the half year of $96,857, which was carried
•numerated above, to our mind the only one deserving of forward.
-worth, they are entitled to
•erious consideration, and the one that has had the most
«ffect
upon the
obligations.
stock,
is
that about the company's floating
Statements that this item
embarrassment
to
the
is
proving a serious
company have been repeated
so
Concerning the future, an element of uncertainty
ultimate extent of the fixed charges.
The mileage
operated by the company has undergone great
ment during the
last
is
the
directly
enlarge-
few years, and as a mutter of course
frequently of late, and with so much positiveness, that the funded indebtedness has also increased heavily.
On
even the road's best friends are becoming alarmed, and June 30, 1880, the total mortgage indebtedness was
are 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 previeus
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
not yet ready to
city,
develops the fact that they are
make
a report, that in truth they do not
dignified to take any notice of such rumors,
future that the chief uncertainty attaches.
In July, 1879,
company operated only 972 miles of road at present
consider it
it
is
operating 2,025 miles, and
a good part of
which they say are of purely "Wall Street origin, and the new mileage came into the company's possession
which are "almost all lies— at least they are in the manner in very poor condition, indeed track worn out,
they are stated."
construction bad, and equipment worse, where there was
In a general way, however, we have learned that the any. Not a little had been done in remedying all this at
the
;
—
floating debt at present
amounts to about $3,800,000, and the end of the last fiscal year, but much still remains to be
an increase of about 2 millions since June 30 done, and what further increase in indebtedness, and conlast, the close of the company's year.
As an offset to this sequently in fixed yearly charges, this will necessitate
it is stated the company has a largely-augmented
motive would seem to be in doubt. In making improvements of
power and equipment, in extending and improving which this kind, and acquiring the additional equipment which
that this
is
the additional indebtedness was incurred. As against the
floating debt the officers say the company has
extensive
cash
assets,
though as to how much
no information
is
vouchsafed.
is
immediately available
In explanation of
the company's increasing business imperatively called for,
the floating debt was in great part raised to
the' will
its
present
The same sort of improvements and additions
have to be made for some time to come yet. They
total.
;
FSIIRUAHT
THE
ZS, I8et.j
(^HllONKJLE
will probably, however, be on a anaaller scale, and it may
be that the interest charge will increase no faster than the
company's business.
This latter view is borne out by the company's half-
As
yearly exhibit, alluded to above.
will he seen, in
it
fixed charges and taxes (the latter not being stated separately) are given at $1,886,285, which for the entire year,
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
Notwithstanding the heavier charge, however,
interest.
it is shown that the company succeeded in earning enough
on the
in the
same
basis,
months
six
first
217
other nations, and
rels of
la
it
impoHible to
rally
takes.
Another was in imagining that it is the province of thU
country to offer unasked mediation. Chili has beaten Pern,
and Peru has
tried to hide
—what of that
says the
"dismemberment
" of
Peru
States of this country had gone
Pacific States with them.
as
is
demanded
is
?
Mr. Blaine
the seceding
if
out and
had taken the
But the well-informed Washing -
ton correspondent of the Herald controverts
that the area
Qrant
behind the United States.
that Chili imposes hard terms
all this,
saying
not one-twelfth of the whole
meet the increased amount that the production of the Tarapaca nitrate beds
pay the regular dividend on half Mr. Blaine's definite figure that his citation of
to
required in that period, to
the stock, and to carry forward, besides, as already said,
anj
popular support for a policy of meddling officiousneM.
In not realizing this was one of Mr. Blaine's mis-
;
boldt,
who
in
is
;
not
Hum-
1804 pronounced Peru the richest country
a surplus not far from $100,000. In the interest charge, by nature in the world, is especially infelicitous when he
Jic, full allowance is made for rentals and for interest adds that Chili will leave it one of the poorest, because
which through stock ownership the company has the value of the guano and nitrates (which Chili takes),
to pay on the outstanding indebtedness of roads for was all unknown when Humboldt made this statement
of
whose
Thus
the
principal
the
responsible.
debt
not
is
it
directly
AS the company's indebtedness on June 30, 1881, does not
embrace the bonds of the Mobile & Montgomery nor those
of the South
k North Alabama
or the Nashville
the
& Decatur,
These, apparently,
aggregating over 10 million dollars.
and so
above
given
$46,991,840
on.
If this criticism is correct,
Mr. Blaine
is
as
wrong on hie
information as in the other particulars mentioned, but that
ia
he says, should not
take the best, but rather what, Peru would prefer to spare.
Yet the conqueror has always dictated terms to the con-
of inconsiderable consequence.
Chili,
company does not consider part of its regular funded qubred, and Mr. Blaine's sentimentalism is misplaced.
them has to be paid all the same, Chili is the better, healthier, and worthier nation the
—
debt, but the interest on
and appears in
&c.
rentals,
interest,
•aid,
its
yearly accounts under the head of
No
included for the
is
Cincinnati
&
Lexington.
now embraced
charge, though,
it
should be
best on the continent
not alter the case.
latest purchase, the Louisville
of
The earnings
able
in those of ihe Louisville
of this road are
&
Nashville sys-
but
;
if
this
were otherwise
it
would
Unless we choose to meddle, by virtue
being the strongest power of the Western world and
(if
England kept
have nothing
to
work our
aloof) to
will
there,
we
Mr. Blaine takes
do with the matter.
for the larger mileage operated this year) care to bring in the statement of our power, but there is
but they were not embraced, we believe, in the figures no public feeling here which is not satisfied with the fact
given in the half-yearly statement, and thus there was no of this power, without acting upon it or making blustercharge anything for account of the ing exhibitions of it.
occasion
to
In the present half-year.
road's interest requirements.
When he steps from his sentimental to his commercial
however, the Louisville Cincinnati & Lexington interest ground, Mr. Blaine is not less unfortunate. Chili's
tem (and account
payments
will
have to be assumed by the Louisville
Nashville, but the road has for three years earned
than enough to meet
all
charges and will probably do so
in the future, unless the Louisville
b end
&
&
Nashville should
too heavily.
it
we
presume, or at least
trust,
that
we have
at
length seen the last of Mr. Blaine's State papers, issued
during his short tenure of
to refer
plan
is
to
ofiSce.
these matters
disclosed,
is
an English triumph
will follow spoliation of
bankers, ships, gold,
territory
which
etc., fill
this
;
absolute domination of
Peru
;
British merchants,
out the picture, and
country ought to occupy.
all
on
Indubi-
by force of the combined foreign
and domestic policy of Mr. Blaine and others, she does
not and cannot. Our trade with South America ? It does
English influence there ? It has long been a
not exist.
confirmed fact. In the last fiscal year we 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 ot
the $80,627,000 total from South America, and that total
was but 12^ per cent of all our merchandise imports.
Our goods exports were $1,598,270 to Chili, and $93,786
In 1878, Peru sent England $26,161,525 of
to Peru.
goods, and took from her $6,849,155; Chili sent her
S10j996,775, and received (1877) $7,507,000 from her.
Sugar, nitre, and guano form Peru's chief exports to England, and copper is nearly nine-tenths of what England
tably she ought, but
MR. BLA INKS DIPL OMA CT.
We
victory
more England
we cannot
It
was not our purpose
now that the whole
again, but
help expressing our surprise
and regret. It seeras as if he had wholly misunderstood
and misrepresented the conservative tendencies of our
Government, and had adopted a policy which, if pursued
enly a little longer, could have had no other end than
war.
Mr. Blaine very clearly overestimated the strength of the
element which likes national disturbances.
That during
a war there is apt to be no foothold for anti-war feeling takes of Chili. But we "protect" ourselves against these
may be true, but this is only after war begins, not before. countries, and England takes their trade we also " proFurthermore, " manifest destiny " has lost its power as a tect " ourselves against Europe's shipyards, and so Europe
;
popular
cry.
As
the
country grows, acquiring
strength and greater position
among
real
nations, the old clap-
carries the freights.
Protection
Under it,
the antagonist of commerce.
growth
the
recent
especially
and
to the world,
is
we are what we sell
and it is of what we sell, is in the main raw materials. Having
of no present consequence whether wo absorb all America, but few manufactures that are not high priced to offer
or even the northern half of it.
Nobody wants wars, or South American nations which have little except raw
disturbances, or quarrels, or interference with the quar- materials to buy with, England reaps the trade. Mr.
trap of territorial acquisition falls out of sight
too busy to bother about our national destiny
;
;
THE OHHONICLE.
218
Eoact wants the Government
bim
hire
to
to maintain
but lines without goods do not meet the
conditions, and cannot help commercial relations except by
treaty-making. Commerce ~is not furthered by governdirect lines,
XXXIV.
[Vol.
undoubtedly true that General Skobeleff only gave
and the PanSclavists are dominant in the Russia of to-day
and
It is
voice to the opinions of the Pan-Sclavists
;
;
harmonize with the known
drift
of
Russian
and
policy a policy which has
from
tendency
left
free
naturally,
on
being
itself
ments it furthers
with
identified
the
diplomlong
been
name of the present occumeddling
of
all,
can
Least
hindrances.
artificial
utterances
further that his
—
—
pant of the Muscovite throne.
acy help it.
Mr. Blaine's
deserves, but
it
ability receives
impulsive,
and
it
A
of
anxious
be
to
the
man
" magnetic "
reckless,
bent on exercising his magnetism,
routine,
great respect
has been latterly misapplied.
activity,
restless
the
all
impatient
centre of
of
some
and
'Russian patriotism
What
reverse of cosmopolitan.
seeks
it
Held
itself.
quiet
because of
talk-
conceal
in sabjection,
itself, this
spirit,
may
it
immediate and
be;
pressing
which
or
if
compelled,
considerations,
;
him.
to
He
was one
significant fact,
and well worthy
to
as old as the days of
is
;
men
the
or to incorporate other races and peoples, but to expand
compelling activity or other, he is well equipped to be a Peter the Great, will never be allowed to die and
party leader in Congress but the constitution of his ever assert itself with the fitting opportunity.
mind makes diplomacy impossible
is
not to absorb
is
it
will
It is a
be remembered in the
to
in the country for
present connection, that during the recent fearful onslaught
the position he held, and he has only justified the opinion
upon the Jews, the cry was raised not only against that
people, but against the Germans and Greeks as well.
The consoling thought in the present situation is not that
•of
the most conspicuously unfit
he would make the
generally conceived at the time, that
State Department " lively "
fehould not be.
among
—which
His retirement
is
is
precisely
what
it
not a matter for regret
General Skobeleff misrepresented
countrymen, but that the time
conservative classes.
the sentiments of his
is
not fitting for a Pan-
Sclavist crusade.
aUSSIA
AND GENERAL SKOBELEFF'S SPEECH.
During the last week European politics have been somewhat disturbed by the unexpected speech of the Russian
General SkobelefE.
The importance attached to his
words arose out of the knowledge that Russia was irritated by the attitude of Austria in Bosnia and Herzegovina, 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.
of Russia
Was
it
not to the intorven.
But Russia cannot give
dencies, for she is in
her Pan-Sclavist ten-
effect to
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 tke dangers of a coronation,
lie
is
really a prisoner in his
the finances of the
Such a
own
Government are
state of things is
Then, aga^n,
palace.
wretched condition.
clearly unfavorable for a successin a
movement to enforce these views. This, however, is
not all.
The one Power with which Russia has any direct
ful
had been emanci- cause of quarrel is
Austria, and solely because Austria
threatens to become a Sclavic rival or i-ather her rival in
her best blood, and spent millions of money in accomregions 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 calcuthe German race ?
Such, it was known, were the queslates on French sympathy, aad it may be French support.
tions which large numbers of the Russian people were
But France is not ready for war with Germany. Besides,
putting to themselves, when a prominent Russian ofiicial,
German influence is dominant at Constantinople, and almost
a man supposed to be high in the confidence of his impesupreme in the Palace. Should France arise and take
tion
that
the
entire region
pated from Turkish misrule
?
Had
she not poured out
rial master, speaks of the great Sclavonic race, some of
part with Russia, we should beheld the strange spectacle
whose families are now being persecuted and oppressed,
of Pan-Sclavism arrayed against Pan-Tcutonism 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 antiother.
Before entering upon such a conflict, under
German sentiment
I
present circumstances at least, Russia,
Such language, accompanied as it was with the emphatic
assured,
statement that the European balance of power must be
will
csunt the
we may
rest well
cost.
re-established
or there v^ould soon be only one power,
Germany, had evidently a sound of war. It was not
RETURNS OF THE BANKS.
wonderful that both Germany and Austria viewed the
Through the kindness of the Comptroller, we have rematter seriously. The excitement, however, has already ceived the
details of the returns of the banks of each
considerably abated.
General Skobelefi's conduct has State, under his last call, December 31, 1881.
It was our
given great offence at St. Petersburg and the Czar has intention to
publish these returns complete, but having
expressed himself as indignant and sorrowful that such found it impossible
to make room for them, we have prelanguage should be used by any one, in any sense in a pared the table
on next page, which covers the items of
;
representative position.
Skobeleff
is
retired
feelings of Austria
public
mind
It will not be at all a surprise if
or dismissed in order to calm the
and Germany, and
of Europe.
reassure the
The General has taken care
to inform us that he spoke
He
to
in
n'o
since
representative capacity.
has not denied, however, that the sentiments
are his
own, and -that he shares them with the bulk of the
Russian people.
more general
interest.
We
shall hereafter give such a
table as this, covering similar returns
five calls
divisions
part,
the Comptroller
under each of the
makes during the
we have introduced
year.
The
are entirely arbitrary on our
but seem to us to conform as nearly as any can to
the natural circles of business.
the figures
become more
comparison more easy.
At
all
interesting,
way
make a
events, in this
and
will
:
.
FunnuAnT
25,
TllK CHRONICLE.
Kkfl.J
219
AHSTRACT FROM REPORTS OP TUB NATtONAF, IIANK8 MAD13 TO THE COMPTBOLLBR DBCEUBER
DtpoiiU.
DecemJei- 31, 18.81.
09
49
HnMttm
Minisiiclmsetfs, otker.
..
Total Division No. 1..
City
Alb;inv
N.'w
\
ii
Villi,-,
other
V
:
Total Division No. 2.
North C!aroUna
Ooortf la
Floriaa
New Orleaus, La
$880,720
40
7
243
06
32
$51,350,000
$20,133,817
$339.7'.?0,245
$500,667
77.360
$241,230,467
7,525,060
80,540,615
28,170.364
57,069,511
33
194
$33,240,742
505,778
2.457.402
748,030
5,705,976
1,412,236
3,177,670
$902,489 $11,883,289
35,081
092,967
537,833
3,389,249
212.228
1,441,258
010,002
5,032.017
113,087
1,700,464
746,593
2,044,823
.
.siKI.OOO
l,40t>,0u0
6,777,063
8.085,844
74,0.50.868
12,475,3.'.0
17,358,<>(H)
3.477, ir.9
8,312,.303
60,514.7(53
9,850,00(1
20,602,840
3.291,135
7,894,718
19.189.858
55,870,403
213.970
220.104
390,849
613 $155,338,350
$52,504,970
$583,178,127
$2,351,4,54
$490,513,352
$810,081
2,570.447
$3,462,037
18,207,619
4,883.767
1,042.066
$41,303
112.516
67.303
$1,047,040
24,207,088
4,011,997
27,271
1.8!54,T1S
19
17
$1,743,085
11,190,330
2.431,700
1,125,000
232,000
3.016.000
1,736,000
60,000
070,100
460,481
10,123,34(1
94
$21,495,015
$5,56,5,779
15
13
12
2
9
$2,501,000
1.885.000
2,281.000
100,000
1,518,000
2,875.000
1,475,000
205,000
$349,663
423,963
490,959
1
718,570
251,101)
$750,000
355.877
408.488
745,200
39.969
669.170
495.234
30,636
414,723
65.059
$19,019,830
10,011,351
40,031,163
27,780.470
$510,367
$50,301
39,178,086
24,347,146
421,028
2,255.128
$2,601,831
: ,040.000
2,082,174
2.414.595
3.333,060
2,103,582
76
4,250,000
11,400,100
2,250,000
7,285,000
3
O.'O.OOO
2.505,000
$71,232,600
.
•
2,819,24(1
5.54,306
7,423,9!)0
1,323
131,214
1,289,435
162,003
5,236
151,302
180.236
321,324
11,898,675
8,609,382
285,537
370,782
268,232
70,989
2i(.440.572
33,921.90!)
7,133,305
16.552,338
3,733,43.'5
0,274,724
32.101,869!
29,810,(Ji<9
7,340,710
17,816,606
3,700,425
7,300,257
$184,801,103
$3,974,356
$195,503.119|
$1 ,.55.1,791
$; 5,27-1,207
12,860.088
5.o36,P04
$67,917
470,069
110,914
$15,249,997
15,485.521
9,738,040
3.512.548
2,503,886
10
1,3C0.0(>0
1
250,000
182,6iW
303.885
50,000
30
$4,915,000
13
1,030,726
4,179,668
2.928,449
5,0O5,44i
309,546
$4,057,714
$40,703,738
$1,287,800
$503,500
$10,561,661
124,103
1,874.765
$183,338
32iV,324
l-.tis
saT
u'MaMi
2.305 O'ifi
783.222
1,060,168
369.300
590,397
4.871
33.202
219..559
121.026
2,696
38,.541
60.771
4e,.570
390,859
303,065
123,352
309,053
85,178
211,393
517.789
27,»-37
1,048.146
570.470
74,530
531.75.8
$10,028,000 $1,024,138 $17,472,705
$1,058,197
702,181
652,042
ISO.lOi
107,985
334,213
$192,767
100.956
31,788
52,862
47.608
12.725
301,323
320,214
295,120
$51,579,067
$3,010,780
$471,706
$4,718,263
$119,779
191,913
35,035
1,048,209
1.024,643
$811,977
4 133
10,893
19,227
61,800
5,05a,969i
$1,266,025
950,081
1
,.578
000
4,970,9.54
27".839
1,692,710
498.655
4,481,001
800.304
285,010
2.208
63.755
1 1 0,233
31,003
$1,048,809
$19,224,403
$700,832
$14,827,897
rA815,878
$335,084
$008,030
$83,100
20,000
40.000
105,987
125,000
$1,891,058
$60,950
$1,687,934
101,020
1,510,3x5
825.437
$148,082
13,345
64,985
$18,159
$160,345
2
3
$800,000
100,000
350,000
400,000
200,000
200,000
225.000
28
$2,275,000
1
4
4
1
Total Division No. 8.
70,131
'34,213
$20,124,.508
$1,290,000
75,000
1,500.000
MTashlnKton Territory..
$31,222
103.526
133,103
$13,742,162
1
Wyoming
$108,107
318,103
212,214
$809,000
845,000
1
Utah
$1,315,007
3,521,475
4,039,776
306,257
2.033,315
8.965.761
3,498.802
397,111
3.940,792
3,853,225
3,242,500
3,687,499
760,000
2,052,002
235,000
698,500
17
New Mexico
$172,739
119,523
l!>,43n,000
1.3.093.500
$17,957,500
Dakota
Idaho
$3,389,530
3,451,868
3.470,120
304,776
1 .878,965
10,995,603
4,066,379
418.897
$6,600,000
3,700.000
159
Montana
$3,720,040
10
960,(J()0
7..
$108,728
$],03),65a
12
TotelDlvUlonNo.
$1,878,383
152,.521
975,000
Oreiron
$47,503,171
$910,038
1,725,(H)0
tSaUfomis, other
$058,916
.984.20H
$3,131,438
14
Colorado
$41,635,001
35,241
3.430
$55,040,051
17
Ban Francisco
94,270
24,063
2,430,836
1
$1,791,782
Kansas
Nebraska
Sevada
410,523
344.004
167.007
01,000
604,236
300,083
575.0'.'6
$168,.544L
.
$17,461,358
Mlasourl, ether
6..
$51,573
137.713
02,430
310,289
9,077,701
3,130,320
$122,740
788,745
201,107
130,603
50,858
374.214
203,907
6-16,767
602,857
377,630
226,210
301,500
No.
$07,256,852 $3,249,113 $27,786,066
$5,358,603
1,357,394
31
5
Itotal Division
031 030
3,480.300
895,000
362.700
43,000
531,193
$6,267,500
5.080.000
2,950,000
:
68,079,837
l,0.-i9,063
498..',79
$27,010,700
33
Louis
23,81i7,40rt
351,08.^
153
7.674
2.')O.30O
.3,131,500
7,.538.900
SO
St.
27.034.167
568,421
1
7,941,243
8,724,728
531
HlDoeaata
(i89,l36
19:'.36S
7,085,201
$304,345
306,293
282,617
32.555
261,021
985.004
723,155
45.653
408.728
442.274
779,018
5
Total division No. 5..
3,8H<',(I56
32.812.1(10
9
"Wlaoousln, other
$8.787,98«
$10,886,024
132
Detroit
XlchiKnn, other
5 OX'l 701
1,140,794
175,917
300,457
79,358
130,951
$302,433,270
93
ItUuois, other
114.914
70.0(K>.553
$259.2-10
$1,100,060
6
161
lOfliana
52,28.1
53,:i23
$173,388,831
41
20
Ohio, other
$50,328
KI4.50I
180,180
$40,640,058
Kentucky, other
Cincinnati
$109,302
7,496, .5.54
5,316.548
t56 $105,085,070
15
2
8
Total Division No. 4..
$17,318,305
39.011
90.868
4,3ti5,.>10
276.562
95,314
232,671
Texas
Tennewwrft
$110,140
261.163
$9,465,531
41,652.265
10.443,176
20,115,216
45.427,500
20.0"5,i5O
1
Total Division No. 3..
lenittr.
0,737,042
DUt. of Columbia, otiior
VlrKhtla
West Virginia
Legal
25„539,ii20
.'iO,45().0(>0
14
10
22
6
Mar.vlauil. other
$2,600,151
1,116,041
1,786.617
11.189,877
13.378,544
Bitter.
11.200.256
11 l.»|w,897
79,018.240
28.497,684
43,953,340
02
85
Rhodo Island
(Connecticut...
Now York
$10.38.\000
5,907,500
8,151.000
47
63
101
OoUU
Other.
1
Miiliio
atiil
{liueoHutu,
IndiTulual.
>'»w lUiiipiihIro
loant
Surphtt.
Cjitidit.
81 , 1881.
8,821
2,.537,147
293,1); 1
1.4.57.286
927.i'4I
168.708
169,722
....7...
75,OC'0
885,396
583,106
714,702
$480,087
$6,782,500
$511,606
3 ,(HX)
1
118.301
70,880
72 033
76.620
28 200
29.180
$729,283
$63,025
$148,370
8.5,29
222,4(KI
oOlJHS
'
$5,771,024
1,455
11.450
17.912
5.489
4,000
4,500
50 490
n>tal tor United States. 2,164| $406,209,835 $129,807,494! $1,102,329,164 $i;,392,405 $1,169,177,557 $105,737,188 $7,943,452 '$08,476,118
This total iuclndes
lejfal
tender r.otes and United 8t.itc8 certificates ol deposit for legal tender notes.
Natiosal Banks.- -The following national banks have been
organized
S,630— Thn
Firet National
Bank
of Pendleton, Ore«n>n.
Ctpital. $30,-
Aukcncy, Frei-idcnt; Haniuel P. SlurRis, Cashier.
2,031— The Merclmnts' Nationul Hank of Drs MnincR. Iowa. Cnpitnl,
$1(K>.000. Hoim-r J. Rnnsuiu, President^ Wiliium Christy,
000.
Ix'vl
("ashler.
2,632— The Citircns National Bank of Friendship, N. Y. Capital, $50,000. 8 McArthur Nortou, President; Mortimer W. Potter,
C'ashior.
2,633— The
First National
Bank of Baton Ronim, La.
WilliiiHi Garijj:. I'n-sidcnt: J.-huch
2,631-The Fulton Nutioiiiil Bank of
John 1{. miner. President:
Capital, $100,000.
Jr., Cashier.
M. I'agaud,
I.ama.itcr, Pa. Capital. $200,000.
C. A. Fon Dcrsinith. Cashier.
—Messrs. Henry Brothers & Waifield. stock brokers, publish
their card in our advt^rtising columns to-day. Thece gentlemen
conpo-sing this firm are young and energetic busines.s men.
Mr. Doagl.-is II«nry. one of the firm, is a member of ths New
York Stock E.^changH, and Mr. Charle.s 8. Henry is a member
of the
New York
Mining Stock Eichange. while Mr. Daniel
vvarfleld is a gentleman of large mercantile experience. The
lirm, besides dealing in all securities current on the
New York
Stock and Mining Exchanges, makes a specialty of construction
companies' subscriptions and unlisted securities.
Messrs. Fisk & Hatch, of No. 5 Na-ssau Street, have issued
their handsome annual pamphlet entitled Memor.\nda CowcbeitINO GrovBRSMENT BoND.'f. which contains all facts relating to
U. S. Securities, and also much other interesting and valuable
information. The book this year is larger and more complete
than heretofore, and in its shape and style is worthy of the
enterprising Arm which sends it forth as a superb form of^
business circular. Its contents will be noticed more at length'
—
hereafter.
—
The cotton interest will notice in to-day's Chboniclr the
card of Mr. Henry M. Taber, who has had a large experience ia
cotton business. He is a member of the Cotton Exchange, and
makes advances onconsignmenta of c3tton and also gives special
attention to the execution of contracts for future d(jlivery.
The card and quotations of miscellaneous stocks of Mr. W.
C. Noyes in the Investors' Sufpleme.yt of this date invites the
attention of investors. Mr. Noyes is well kiown as one of the
principal brokers in trust.^telegraph, and various other miacellaneoas securities.
—
. ...
THE
220
(JHR0N1(;LE.
Pl0ttetatrs5®crmmerctal %nQli8h ^exus
«ATB8 OF BXCHANGB AT LONDON AND ON LONDON
AT LATEST DATES.
9
ExqnANaB on london.
-MZOHASQB AT LONDON— F»h.
On-
Time.
Latest
Date.
Rale.
„.
„
,
Time.
Bate.
Fob.
y Short.
12-15
Feb.
Short.
25-'30
[Vol. XXX.IV.
naturally produced
addidonil caution, but the mercantib
have never considered that the panic on the Paris
Bourse would have otherwise than a temporary influence on
money here, and they have not, in consequence, departed to
any important extent from the ordinary course of business.
Th« money market has been quiet to-day, and the rates of discount are quoted as follows ; but there is a tendency to ease
classes
apparent.
12-
Amstprdaas
Short.
AmsleiT'ain
3mo3. 12
912'6>4
25-T2>3a25-80
20-72 320-76
20-72 •a2o-7ii
18-47 ®18-50
24 82318
Antwerp
Hamburg
.
.
Berlin
OopeDhogpn.
8t.Petei"Bb'g.
Paris...
Paris
1% 312-25J
5%
Short.
...
3 mos
Vienna
Madrid
Feb.
30 ®25-35
9 Short
Feb.
2.5-58%»25-r)3% Feb.
12-17iaa 12-20
Feb.
9 Long.
9 3 mos.
Genoa
Lisbon
Alexandria
Kew York.
.
.
....
60 d'ys
Is. 8d.
Is. 8d.
'Oalcntta ....
Hong Kong..
Sliangliai
26-40
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
3 mos.
9514
4 84
Is. 8=81
Is.
Do
Do
8M.
3s. 9i4d.
58. l^d.
LoKDON, Saturday, Febrnarj 4, 1882.
has been one ot considerable
jnst eeneluded
importance and much anxiety.
The "liquidation" on the
Bourse was commenced Wednesday, but it is batisfactory to observe that it has so far been arranged without
greater difficulties manifesting themselves than had been anticipated. The diffiouUies in Paris have, as is well known, been
great, and as stocks have been difficult to hold, in consequence
of the pressure for money, they have been sold on the London
»nd other inarkets, and money has been remitted to Paris to
provide a,'ain.st the neces.sities which the monthly liquidation
Paris
naturally brings about. The settlement in Paris is almost completed, and the worst is now probably known.
The stock
markets have, in conseqaenee, assumed a firmer aspect, and
there is no reason for apprehending that any advance in the
Bank rate of discount beyond six per cent will be necessary.
This we may consider, therefore, the critical week; but although
there has been much trouble, and although a good
many
failures have taken place here, as well as in Paris, it now
seems
to be very probable that the money market will at
an early date
become
easy, and that the value of money will
experience
before long a decided relapse. The financial panic which
has
.just taken place was due to causes chiefly on
the surface. A
Urge amount
of injudicious speculation
had been indulged
in,
but the banks and all institutions dealing in money had,
with
only a few exceptions, been very cautious, and having
demanded
"
ample cover," protected themselves from loss.
In a very brief period the stock markets should
assume a
iuch healthier appearance. There are already indications
that this process is in operation, and should
the rates of
discount decline, as
no
is
anticipated, the value of securities will
doubt rally considerably. Prices have
experienced a heavy
and the investing public are not as a rule buyers
of stock
in a falling market
but as soon as an upward movement is
inaugurated values will probably improve
almost as rapidly as
they were depreciated. As far as Paris is
concerned, the crisis
fall,
;
will probably be prolonged, as
well
it is
known that the country
kas become more speculative, and that the
peasantry have surrendered their old aflfection for Rente,
and dabble considerably
in
new companies.
The Bank rate of discount was
•ent
raised on
m
Monday
to six
per
consequence of the withdrawal of neariy
one millfem
•teriing m gold for Paris.
French houses, to meet the requirfements incidental to the settlement, have
been obtaining accommodation
every direction. The French
exchange has been
materially against us, but an
improvement has recently taken
place, and the bnllion market has
now assumed a quiet appearance. It IS not expected that the
gold movement from New
The money
sent to Paris will probably
return ere long, or as soon as confidence
has been restored
It may be noted that the recent
panic has been very partial,
mnd that only a few important failures have
taken place
The
snspensions on the London Stock Exchange
have in no case
Msumed any important dimensions, and this
fact justifies the
-onclusion that the business here
has been judiciously
•onducted for some time past, and
that a sound condition of
ttings 18 ,n existence. The Stock
Exchange panic is now over,
but the general course of our
commerce has b.en interfered
witu to a very triflmg extent.
six per cbnt Bank rate
hta
A
Percent
41^
with 7 days' notice
with 14 days' notice
42
.........'..!45i'8)5
The supplies of silver oflfering 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.
The traffic receipts of railways in England since the commencement of the year have amounted to f 3,774,864. against
£3,424,872 last year, showing an increase of f '^49,992. These
figures are very satisfactory, and it is expected that the official
returns relating to our trade and commerce, which will bs
show favorable results.
wheat and flour afloat continues very large,
the total of the former being 2,933,000 quarters and of the
latter 152,000 quarters. There has been a fair demand
for
wheat for consumption during the week, but there has been no
activity, and in a few cases holders have had to submit
to a
issued next week, will
The supply
of
slight reduction in prices in order to effect sales.
U
The weather
that could be desired for the purposes of agriculture.
The temperature is sufficiently low to check the progress of
vegetation, and it is a remarkable fact that notwithstanding the
mildness of the winter there has not been much rain. Dens*
fogs have prevailed in London and in many parts of th«
country, but these do not impede the progress of agriculture.
all
The preparation
of the land for spring sowing is now being
proceeded with under advantageous conditions, and the season,
judging from the present prospect, promises to be a good one.
Vegetables of all kinds in season are abuadant, owing to the
absence of frost, and the consumption of bread is thereby
restricted.
An early re-opening of the navigation of ice-bound
ports is anticipated but it is still possible that we may have a
;
and trying spring.
Annexed is a statement showing the present position of th«
Bank of England, the Bank rate of discount, the price of consols,
cold
the average quotation for Engli-sh wheat, the price of middling
upland cotton, and of No. 40 mule twist, fair 2d quality, and the
Bankers' Clearing House return, compared with the three previous years
1882,
1881.
1380.
1879
1
Circulation
Public deposits
Otlier deposits
25,115,355 25.895,520
0,803,119
8,618,112
22,931,026 24.981,851
Governm't securities. 12,510,343 14,351,714
Other securities
25,543,659 22,214,935
Ros've of notes & coin
9,935,710 15,231,664
Coin and bullion In
both dppartments.. 19,301,065 26,126,334
Proportion of reserve
to lialjilities
33-12
Bank rate
6 p. c.
3hi p. c.
Consols
99%
Enj?. wheat, av. price
46< Id.
Mid. Ui)l:ind cotton ..
658d.
No. 40 mule twist
lOiel.
Cpjirlng-Houso ret'n. 104,390,000
26,771..'?35 30,426,730
5,972,599
7,431,561
26,951,661 28,505.430
16,481,713 14,672,591
18,091,595 24,012,583
16,512,770 15,636,6-28
28,314,105
3
31.063,358
3
p. 0.
98%d.
98I9
428. 7d.
6ied.
lOisd.
448. 2d.
713d.
97.886,000
92,811,000
p. c.
9614
33.S. Id.
55, gd.
Stjd.
Is.
76.825,000
The following are the current rates of discount at the leading
foreign centres:
Bank
m
Torkwill continue.
by the joint-
:
[From our own correspondent.!
The week
5%®5''8
Jolnfr^tock banks
Discount houses at call
9 Short.
4 mos.
S^SS'e
Open-market rates—
Per een>
4 months' bank bills
S'sSB
6 moutlis' bunk bills
S^ese
4 & 6 mouths' trade bills. 6 a.6>»
1200
Feb.
Short.
6
rates of interest allowed
stock banks and discount houses for deposits
4.51334538
26-82i2»26-85
573l6®576io
cent.
The following are the
25-27
25-33
45 Osaka's
Bilbao
Bombay
Per
Bank rate
Ojicn-market rates—
30 and 60 days' bills
3 months' bills
20-44
20-44
reb.
rale.
Paris
Brussels
market.
Pr. ct.
5
Amsterdam
7 nom.
5
Berlin
6
Hamburg
fc'rankfort
Vienna
.".'
Pr.
et.
5
Madrid
St.
5 '8
5%
5\
Sank
Open
rate.
market,
Fr.et.
4
Pef«rsburg
Geneva
Genoa
Copenhagen
Bombay
Pr.
...
tt.
5
6
6
595>i
5
4
44t
3>s
9
4
A
following return shows the extent of the imports aad
exports of grain into and from the United Kingdom during
The
the first twenty-four weeks of the season, compared
the corresponding period in the three previous years
witk
:
Wlieat
Barley
Oats
Peas
Beans
Indian
Flour
com
IMPOKTS.
1881-2.
I8SO-I.
owt. 27.922.777 27,907,825
6,801,873
7,065,136
5,117,261
1,310,539
1,261,'205
867,962
758,123
1,091.678
10,912,460 15,570,003
6,076,754
3,560,055
1879-80.
30,958,603
8,174,197
7,097,701
1,168,828
1,390,974
10,361,717
5,408,916
1878-9.
22,649.609
6,246,559
6,913,81«
8'J1,08«
59.">,>*70
13,369,.571
3,538,870
I
.
Fbbsvart
THE CHR(;N£OLE.
25, 188S.J
221
as trouble has prevailed in the three principal departmenln.Tli.,
WliMt
IUil«y
Oiil-.
•..•<
I*n;M
894,018
08,320
687,405
11,820
45,053
73,217
20.tS9
471,709
623,720
18,329
311,507
41,709
18,702
441.332
39,972
390,3^3
37t3"3
OWt.
48,571
0.0 -'2
3,050
154.890
corn
41.309
511,128
03.757
following return Hhows the extent of the imports of
1.5,608
H. ,1,1
li„l„>ii
09,301
54,753
Klour
The
l.Ml,760
wheat and flour into the United Kingdom during the first five
months of the present and last three seasons, together with the
prinuipal centres whence those supplies were derived:
States
}ii
N, Amcrlcik
U.ii.iauy
Jfjanoo..
U.,,i.,.l
3,130,904
622.931
1.->,52.I,531
1,091.307
1,310,249
1.786
2,011,106
213,973
1,288
878.410
.M,217
44.->.7.51
ir>(!.,'i40
S(l
23«,.54n
4.83.5,203
131,114
1,.317.363
...
flbm
T^key,<!eo
laUlft
c-ouutrie*
n.OSJ
891,713
801,003
881190
»»i.i-'"
795,156
28,506,512
20,880,380
>
23,.il3,024
.'S0.573
121,017
124.401
512,378
53.096}
23,503,399
Total
Oiol.
4,338.382
11.312,290
1,533.470
2,011.231
3.777
2,977.:)88
1,237,(!17
l.feit3.554
2,120.911
820,247
40,8iO
AustnillB
Other
1878-79.
1879-80.
Cwt.
3,019.081
17,101,222
Ctel.
l;*,281>,t)50
RiiBsiii
Tgypt
Sntah
WllKAT.
1880-81.
1881-82.
Out.
Prnm—
Fluor.
Germany
54 1 ,045
144,909
723,.555
103,570
2,180,823
rranoe
UnitcdSUtcs
Brit. N. America
Other oountrie8
...
3,4.\3.093
li;4,417
313,916
087,237
1,160,971
510,853
450,868
134.085
3,898,791
254.485
804,603
132,828
1,093,332
18.i,759
878,308
3,313.093
5.108.799
5,601,564
ended Feb. 4 the sales of home-grown wheat
4,159,022
Total.
During the week
commerce and
in politics,
finance.
Changes
io the
administra-
tion of government, failures in mercantile circles
and the paoie
exercise a lome-
on the Bourse must naturally be expected to
what permanent infiuence, and consequently the ooorae 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 difllcalt to regain.
It has alwaya
b en so in this country, and the same rule must obviously
apply to other communities. For some time to come the condition of things in Paris must be expected to be sensitive, and
business will certainly be conducted with great cantion, 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 activity in stock exchange business seems now doubtful.
There
is, however, no reason for believing in any unsoundne.ss in the
condition of our stock markets. Prices have, indeed, experienced a heavy fall of late, and the markets are still sensitive.
During the last few days they have presented a somewliat
firmer appearance, but there is no belief at present in anj
progressive rise in prices.
The maintenance of the Bank rate of discount at six per
and reluctance on the part of the banks to lend freely,
cent.,
naturally check active speculation. Gold has been returned
amounted from Pans in moderate quantities, but it looks probable now
and 37,315 that the supplies of gold which have been sent there will not
quarters iu 1880; while it is computed that they were iu the whole be rapidly returned. Apart from the question of gold, the
kingdom 200,320 quarters, against 122,300 quarters and 149,260 Bank of England is now obtaining more control over the open
quarters in the two previous years. Since harvest the sales in the market. This is due to the fact that the imperial taxes ar«
'160 principal markets have amounted to 1,082,870 quarters, being collected rapidly, and that the Bank will hold the proagainst 920,535 quarters and 731,653 quarters the estimate for ceeds for some weeks to come. During the past week money
the whole kingdom being 4,331,480 quarters, against 3,682,240 has been much wanted, and as a settlement will be commenced
quarters in the corresponding period of last season and 2,964,000 on the Stock Exchange next week, the demand for short loans
quarters in 1879-80. Without reckoning the supplies of produce may be expected to rule active. Six to six and a half per cent,
'furnished ex-granary at the commencement of the season, it has been charged of late for loans on the best securities, and
fe estimated that the following quantities of wheat and flour the demand for discount accommodation having beeri fair, the
have been placed on the British markets since harvest. The rate for three months' bank bills has risen to 5^@5?4 per cent.
risible supply of wheat in the United States is also given
The reports issued respecting the general trade of the country
1881-2.
1880-1.
1879-80.
1878-9.
are satisfactory, and they indicate that a good general busiImportsof wheat. OWt 27,92:2,777 27,007,825 30,938,005 22.049,009
Imports of Hour
3,500,053
6,070,754
5,408,tf00
3,338,870 ness is in progress, and the trade is believed to be of a genuine
in the 150 principal markets of England and Wales
to 54,080 quarters, against 30,559 quarters last year
;
:
tales
of
homo-grown
produce
Total
Deduct ex|iorts
wheat and Hour
18,770,000
15,950,400
12,843,200
22,600,000
50,2.52,832
of
490,08 5
49,040,979
49,210,711
48,833,079
087,163
540,173
938.957
49,750,747
48,333,516
48,064,538
47,U10,122
478. 2d.
428. Sd.
47a. 5d.
408. 8d.
23,000,000 29,593.726
20,001,140
Result
(i|i'>.
Vl8llile8ui>i,lviu Uuit'J
bush . 1 7,800,000
eta tea
The
following return shows the estimated value of cur imports of cereal produce during the first five months of the
eason, compared with the eorre-sponding period in the three
pievions sea&ons:
18S1-S2.
1880-81.
1879-80.
1878-79.
*ll,787,893
2,737.976
£12.420.092
2,842,385
«10,703.139
3,547,777
alO.383.220
2.474.177
Oate.........
PlBSA
1,528.027
1,623,138
253,727
3,201,204
3,516,028
502,900
423,336
4,280,100
2,360,561
451, .124
1,810.820
3.38,737
Beans
Al'li^ax
BulflX
......
Indian com.
Floor
Total....
The Board
4,508.9.>0
519,937
2,944,821
4,334.048
270,960
208,275
3,301,881
2,720,008
*26.427.272 £26.660.907 je30.832,547 *21,280.711
of Trade returns for January have been issued this
week, and they show fairly satisfactory results. There is an
increase in the value of our imports, and also io our exports
The
following are the leading particulars:
1880.
Imports
Kxports
In
111
January
January
The movements
I
1881.
1882.
£32,372,907 £26,742,962 £32.019.167
10,912, j53
17,318,911
19,320,083
in bullion during the month of January were
follows:
GOLD.
1880.
£
Imports
In
Exports' In
Januiry.
Janu
try.
1881.
£
220,308
647,117
182.018
1.10ii,!)06
1882.
£.
293.234
2,397,064
SILVER.
tmiiorts In January..
Enmrts
Iu
January.
Imports
Bzports
In
lo
January
January
of Trade returns show that our export trade ie
and there is no reason for disputing the belief
formed a long time since, that the state of our commerce is
gradually and, as it were, unostentatiously improving, and that
The Board
increa-sing,
Ar'RO price of Euglish
wlicat forxeiutDU
character.
380,149
705.201
308,325
944.622
TOTAL GOLD AND StLTBR.
606.437
990,343
1,412,381
2,051,528
498,5-«4
732.001
791,818
3,129,125
should the agricultural season prove to be -satisfactory, the
trade of 1882 will show as considerable an improvement as 1881
showed over 1880. The Stock Exchange panic on the Continent
will not exercise any permanent influence here, but it would be
diflicult to say when a complete restoration of confidence will
take place. The process of regaining confidence is a slow and
tedious one, but it has to be remembered that, although we
suffer in many ways, we are, te a great extent, observers, and
are obtaining advantages which freely accrue at times to a
wealthy community.
The return of the Bank of England shows that while the sum
of £211,000 in gold has been sent in on balance from Colonial
and foreign sources during the week the increase in the supply
of bullion
Saturday, February
11, 1882.
has become apparent this week that the crisis in Paris has
not yet terminated, and that some difficulties may yet arise
l»efore confiilence is completely restored.
The position of
affairs in France has not been satisfactory fop some time past,
It
to £528,678,
showing that rather more than
qnence of this augmentation in the liabilities of the establishment the improvement in the reserve is from 3r33 per cent, to
only 33'12 per cent. The return is, however, quite as satisfaetory as had been antiei pated.
The money market at the commencemiat of the wr^ek ruled
demand increased as the week progressed, and
the tone at the close is strong. Money is much wanted for
short (.eriods, and the following are the present quotations
Ptr tent,
Per cent. Uiwu marin't rat«»—
S>a*9%
4 luuiiths' bm>k bills
Bank rate
3>«95%
6 muiitlia' bunk bills
Open-market rates—
»e>a
4 A6munths'tradebllls.
30 uud 00 days' bUla.
5>3»5:H
quiet, but the
.
3 mouths'
IiONDo:f,
amounted
£300,000 had been returned from provincial circulation. There
has been a decrease of £231,850 in the circulation of notes, and
the total reserve has been augmented by £760,528. The publir
and private deposits show an increase of £3,760,000, and in con-
bills
.
5>^35^
The following are the
rates of interest allowed
stock banks and dissount houses for deposits:
Joint-stock banks
Discount houses at call
Do
Do
with 7 days' notice
With 14 day
with
days' notice
by the
joint-
4
«•
4%
4%»i
:
.
.
.
THE CHEOxNlCLE.
222
The export demand for gold lias almost ceased, and about X500,000 has been received from various sources. The supplies of silver
have been small, and the quotation has been well supported.
:
GOLD.
per oz. Btanrtanl
silver
per oz. staudard
20 dwts.
peroz.
Spanish doubloons
per oz.
eoutU American doubloons
per oz., none liere
United States gold coin
Bar
Bar
gold, fine
Rokl. contain'g
5
grs.
d.
SILVER.
peroz. stand.ird. 52
per oz. standard 521] g
..peroz. 5fi3,6
peroz. 50^8
gold
Cakceilver
Mexican
74
73 10
peroz
silver, flue
silver, eontaiu'g
dollars
:
EXPOKrS AKD mrOETS OF SPECIE AT N13W YOUX.
£G
Quiclisilver,
Os.
Od.®£G
Week.
$1,076,058
Great Britain
France
d.
52iie
....
....
—
a
68,4uO
$219,500
32,000
Great Britai n
Franco
Total 1882.
Total 1881.
Total 1880.
quarters.
ICeports— Per Cable.
Loadoa
daily closing quotations for securities, &c., at
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending February 24
:
London.
Silver,
Sat.
peroz
5218
d.
1001,6
IOOI4
Consols for money
Consols for account
Fr'ch rentes (in Paris) tr. 82SU
V. 8. 5s ext'u'd into S^as l'.i37s
U51.2
U. S. 4I33 of 1891
U.S. 4s of 1907
lli):(i
Erie, common stock
4014
niiuois Central
13 (5 H'
6J'%
PliiladelpUia & Reading. 313i
New York Central
131
Liverpool.
Sal.
Flour (e-x. State. 100 lb.
"
Wheat, No. l,wli.
"
Spring, No. 2...
"
Winter, West., n
"
Cal. white
Com, mix., West. "
Pork, We.st. mess. ^ bbl
Bacon, long clear, new.
Beef, pr. mess, uew.^tc.
Lard, prime West. ISI cwt.
Cheese, Am. choice, now
.
liT07l.
Tues.
TTed.
52
52
52
119%
4018
1381a
621a
137
G2
133=8
30«i
13294
10378
5^
11
3H3
Mon.
s.
d.
s.
14
10
10
G
14
10
10
6
14
10
10
1
3
10
6
45
80
6
6
6
55
63
3
G
76
15
30
55
(13
4
11
11
3
76
1001 ifi
lOOa,^
82-92 '2
1003115
82-80
103%
1031a
115 14
1191a
3 6 "8
II5I4
119%
38I4
136
2914
132
29%
2d
132i..i
132
38
135 '-2
Gl%
•
Wed.
Tues.
of.
52
lOOijo
135 13
39%
.«.
10
6
52
Ofli^io
99iie
inOH lOOhii
82-8712 82-90
103'?8
10376
11514
II514
UO^ii
119%
1003,a
100%
8310
Frl.
Thiirs.
d.
s.
76
45
80
55
3
03
6
6
Thurs.
s.
6
3
14
10
10
14
G
3
10 10
10 3
5 III2
(ills
d.
10
Fri.
d.
s.
d.
6
3
10 10
10 3
10 5
10
10 3
10 10
10 10
10 3
10
5 It's 5 III2 5 11
7li
76
75
45 6 45 6 45 6
SO
55
63
79
54
63
80
54 9
6
03
C
9
G
Impoets and ExpoRTa foe thb Week.— The imports of last
week, compared with those of the preceding week, show
an increase in dry goods and a decrease in general merchandise.
The total imports were $9,547,904, against |9,726.3I6 the preceding week and $8,843,442 two weeks previous. The exports
for the week ended Feb. 21 amounted to $6,611,935, against
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 general
merchandise) Feb. 17; also totals since the beginning of first
$5,820,543 last
in
924
88.991
40,934
60.000
16,700
1,456
57,8.J0
$5,303,998
115.980
313.390
$7,287
5,3J7
$291,891
4,703,687
787,759
869
$11,193
869
4,035
9I,:!;)i
$1,506,180
267,000
3,000
$251,500
405.835
93,270
$1,776,180
1,610,570
859,212
12,947
3.6J0
2,400
87,700
92,664
16,865
4,634
$19, 84-2
$213,975
510,853
505,949
223,040
49,079
Of the above imports for the week in 1882, $5,632 were
American gold coin and $15,176 American silver coin. Of the
exports for the same time §1,051,658 were American gold coin.
—
South Carolina Railroad. It is reported that negotiations
are in progress for the sale or lease of this road to the Richmond & Danville Company,
Toledo Delplios & Bniiington.— At a meeting of the stockholders of both road.s, the consolidation of the Toledo Delphos
& Burlington with the Toledo Cincinnati & St, Loui3 Railway
was ratified, the new road to be known as the Toledo Cincinnati & St, Louis Railway, and to form a narrow-gauge line between the cities n.^med.
St. Louis & Pacilic— In the suit of James Compton
the AVabash Railwa.y Company, involving over 11,000,000,
Judge Doylsj of the Common Pieas'Court, at Toledo, Ohio, rendered a decision on February 20 against the company. The
suit was on equipment bonds to the amount of lji600,000, which
were issued in 1862 by the old Toledo &; Wabash Railway Co.,
bearing interest at 7 per cent. In the subsequent nonsoiidation
in 1865 with several other roads, forming the Toledo Wabash
& Western Railway, it was provided that the bonds of the
original companies nhonld be protected by the consolidated
company. In foreclosure proceedings afterwards, under a
mortgage made subsequent to the consolidation, the equipment
bonds were ignored. The decisicm 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.
Wabash
vs.
—
Attention is called to the card of Mr. Gr. H. Whipple in today's Chronicle. Mr. Whipple has had large experience in Wall
Street securities, and now makes a specialty of electric light
stocks.
Parties desiring to purchase or to obtain information
of this class of stocks may be glad to avail themselves of Mr.
Whipple's services.
BANKING AND riNANCIAL.
gpgmwcvcial mux ^isccllaucqxis^cxx?s.
week
$100,131
West Indies
Autumn sowing was completed during
the remarkably tine weather, and there are indications that
farmers will be equally fortunate this spring. The wheat
trade is very quiet, if not dull, and where sales are pressed
lower prices have to be accepted. The following are the supWheat,
plies of produce afloat to the United Kingdom
2,903,000 quarters flour, 187,000 quarters ; Indian corn, 93,000
:
We
ANNOUXCK.TIENT.
MEMORANDA CONCERNING GOVERN-
publish to-day our "
MENT BONDS," containing Information valu.ible to all investors.
Its principal contents .are
memoranda concerning
Government Bonds,
State Bonds,
The Debts
of Foreign Countries,
January
Stock Dealings,
A Compendium
FOEEION IMPORTS AT N«iW TOKK.
For Week.
1879.
of the Published
Ecturns of the Census of 1880,
and Notes on Gold and
1880.
1881.
Geu'lmer'diBC..
$2,155,705
4.038,280
452,868,726
6,404,274
$3,056,963
5,763,937
$2,970,536
6,577,368
Total
Since Jan. 1.
$6,313,985
$9,273,000
$3,820,900
$9,547,904
sending this book, free of charge; or
at our
Dry goods
Dry goods
$13,695,8.36
1882.
Uen'Imer'dlse..
26,597,550
$19,048,249
42,723.680
$17,617,435
33,645,994
21,167,295
14,116,506
Total 7 weeks
SIO.293,386
*61,771,929
$51,293,429
ie5.'J83.801
In our report of the dry goods trade will be found the
imports
of dry goods for one week later.
The following is a statement of the exports (exclusive
of
epecie) from the port of New York to
foreign ports for the
week endmg February 21, and from January 1 to
date T
EXPORTS FROM NEW YORK FOR THB WEEK.
1879.
For the week...
Since Jnn.l.
Silver.
Germany
;
.
$1,076,658
Tetal 1893...
Total 1881...
Total 1880...
usually encouraging.
The
$5,077,298
150,000
Al 1 other countries
Mexico
South America
Ail other countries
Easlis))! Marlcet
Week.
4.90
The weather has been rather cold, but there have been no
severe frosts. Agricultural work has made, therefore, satisfactory progress, and the prospect is regarded as more than
.
Imports.
Since Jan.l.
South America
Discomit, 3 per cent.
53. Od.
JUxporls.
Gold.
Gei-uiauy
West Indies
Me-xieo
&
®
®
®
peroz
CliUian dollars
d.
«.
®
®
®
®
S
®
. .
German gold coin
Bar
Bar
d.
8.
XXXIV.
The following table shows the exports and imports of specie
at the port of New York for the week ending Feb. IS, and
since Jan. 1, 1382
In the value of Mexican dollars no alteration has taken place.
India Council bills have been disposed of at the previous quotations-viz., ^@l-16d. per rupee. The following are the present prices of bullicn
[V^OL.
1830,
1881.
1882.
Prov. reported..
$6,382,485
37,173.991
$6,147,481
36,304,181
*6.728,6!)9
43,215,431
*6,611,935
38.676,121
Total 7 weeks
M3,55(;,47fi
iM2.451.6«.';
$49,941,040
$45,288,030
To anyone desiring
to
make Investments, we
it
can
Silver.
shall take pleasure iu
obtained by applicatloi^
1)0
offloe.
Wo continue
to
buy and
soil
Government Bonds
amounts, without charge for Commissioa,
Wo
counts, subject to check at sight, allowing 3
in large or small
receive depo
it
ac-
per cent, interest on
balances avcraginii over $1,000 a month.
We do
a General Commission business in
iu at the Stocli
all
Stocks and Bonds dealt
Exchange.
risK & HATCH.
5 Nassau Street,
Now York.
.
:
.
:
:
TUK (mUONlCLE.
lV.Biir.uiv 35, 1882.]
get tolerably stently, and this wwk they an- already mor« aboDdant.
Whether there will bo much foreiffn demand for Mtocka
and bonds at the lower prlcwa remains to be seen. Money in psajr
in London, and 60-days bills here aie again nearer in price to
demand. To-day the rales on actual biii-inefw were ab<jat 4 8S
j;hc JLjauUcrs' (Gaxcttc.
DITIDKNDRt
Tba foUovtac dlrldeadi b \va
r.w<3ntly beiin
MU'innio 1
Whtn
I'er
cent.
Jfamc of Oompanu.
Payable.
llonks Cliiied.
(Dunn
iniUtisioe.)
KallroadM.
Hnnovpr
St.
York
21a
it
kt Diiliitli liter
Paul
1%
Mivr.
17 Mat.
Mar.
10 Fob.
2 to Har. 1»
iniHccllniiooaa.
Dol.
<£ Iluilsoii C'aiiiil (qiiiir.)
2-1 to
223
Mar. 10
for prime bankers' OO-days sterling
and 4 89% for demand,
with cable tr.insfers 4 90J4. Specie to the amount of §1,025,000
is reported for to-morrow's steamers.
in domestic bill.H New York exchange was quoted to-day as
follows at the places named
Savannah, buying %, selling
Charleston, buying 3-16 premium, selling J< prem;
:
M@%
NEW Y<IIIK. KRIDAV. FEnilOAUY 31. l!Si«J-3 1*. Itl. ium; New Orleans,
Tbo MoiiPr Market and Financial SItnation.—This week premium; St. Ix)uiH,
whole country has been concentrited on
"Wall Street. The decline in stocks has been more general and
more severe than at any time since the memorable 25tb of
February, 1881, when the pressure in money was so great that
tlie
attention of
tin*
over 1 jwr cent, a day, and stocks fell off precipiBut that stock panic of 1881 was wholly artilicial and
produced by the threatening legislation in Congres.s, whereas
brokers
;
Bank 200
discount; Chicago, 60^75 off
75c.
;
Bos-
par@12>6 premium.
Exchange. Quotations for foreign exchange are ai follows,
the outside prices being the posted rates of leading bankers
ton,
—
FebrHari/2l.
p.iid
tately.
commercial. 12S@l.')0preminm
Prime bankers' nterltog
bills
Sixlu Dayt.
Demand,
1S5 918r>>«
4 S3i«i>4 90lfl
4 83>s»4 81
4 83 atSSis
5 20 35 I7>s
40 » 40 >«
4 "8 «4 88>«
4 87>«94 8a
5 l.',»B»5 I2Ia
403e9 40<^
on Loiidun
Priiiio ooninierclal
Documentary oommoroial
the present decline is natural, so far as it is not ascribed to
ontside causes, but directly to the bearish intlaences operating
inside the market.
Paris (fr.iuoi)
Am^iturclani (Kiillders)
It is quite useless in a time like the present to pass from one
stock o another and attempt to give the precise causes for the
weakness of each, and half the rumors of the Street which pretend to give such reasons bear on their face the evidence of
United States Bond.s.—QoTernsent bonds have yielded
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 tha called bonds, but it is thought probable he will do v>
if money becomes veritably stringent.
The closing prices at the New York Board have been as
I
improbability. It now appears quite clearly, however, that the
stock market has been in a pcsition where it was peculiarly
assailable, from the fact that it carried a number of specialties
whose prices had been pushed up to unreasonable figure.'), and
hammered down,
one after another, twenty, thirty, forty per cent., they had the
effect at ia.st of breaking the whole market.
Our reports for
some weeks past have shown that the general list of stocks held
np remarkably well against the large decline in a few of the
when
9 J Be A
9j>i8»
94^8
»h'>t
slightly to the disturbance in the stock
follows:
these inilated .stocks were attacked and
but at last it became almost a certainty that if such
heavy drops continued to occur in one active stock and anottier,
they would eventually break the entire market.
For practical cc nclusions to be drawn from this week's transacticms, it is hardly nece."ssary to say that a heavy fall in stocks
always presents a good opportunity to buy, either for investment, or within rea-sonable limits— on margins; but the sound
dividend-paying stocks which are carried down without sufficient
%YeakIing.'',
—
canse are at such times usually the safest purchase. A second
point brought out by this shaking up, is the fact that great discrimination is required in our market now, as to the stocks
selected for speculative operations, as the circumstances
have
completely changed since the days when the active list embraced
hardly more than a dozen stocks in which the dealings were
heavy at any one time.
The money market was fairly easy in the early part of the
week, and 4@6 per cent, was paid for call loans by stock borrowera; but on Thursday the unsettling of loans caused an advance, and commissions were pa'd then and to-day ranging as
high as Ji ot 1 per cent, in some cases. (Jovernment bond
dealers have obtained money at 2^@3 per cent., and prime
commercial paper is quoted at 5/2@'i.
The Bank of England weekly statement on Thursday showed
likely lo be
an increase of £463,000 in specie, and the percentage of reserve
was 38 9-18 against 37^6 last week; the discount rate was reduced
to 5 per cent, from 6 the previous figure. The Bank of France
shows an increase of 9,600,000 francs gold and 4,300,000 francs
silver.
The last statement of the New York City Clearing-Honse
banks, i.<sued Feb. 18, showed a decrease in their surplus reserve of 12,978,950, the total surplus being $1,072,225, against
f4,051,175 the previous week.
The following table shows the changes from the previous week
and a comparison with the two
1882.
Feb. IS.
precedini^ years
Di(rernee$ fr'm
previous week.
LaanaaniUlts. *328.C.-5n;iX> Inc.
Bpeote
f.n.l7:'.0.)() Occ.
CSmulatliiu...
19.97.">.0.)U Inc.
•J,7nO.!>l)0
Het
1.7<U.2iM)
depuaittf
Legal tenders.
Legal reserve.
Beaerve uold.
Surplus
Frankfort or Bremen (retrhmarka)
ii'7«.8')0
31.900
1881.
Feb. 10.
ll-SO
Feb. 21.
$320.?O7,30O $200,091,200
«5,849.()00'
.'.9.887.'.iOO
18.25i)..')00
2l.282.2'MI
307,7lN.100
18.063,0.>0 Deo.
419.500|
14.887,200
$7«.471.77.S Dcc.*l,191.0.W| $76,029,525
77.544.000 Doc 4.170.000
80,73li,800
271.601.U00
15,503.5C0
$07,90 1.2.>0
75,382.700
$1.072.225, Uec.$2,973.950l '$3,807,2751
$7,492,430
305.887.100
IJcc.
Exclianere.—There is the prospect of a hirger supply of bills
from the shipments of grain and eoltou if prices keep down and
Feb.
18.
Interest
Periods.
Feb
Feb.
21.
20
&
lOO's 'lOO'g •100 3t
101 '8 •102
101-9
•iiaij 1131a IIM"'*,
*114l4 •114»s •111^
117-9
reg. Q.-Jan. •117'6 118
oonj). Q.-Jan. *117'8 118
•117V
189 5..rej:. .1. & J. •126 •126 125
1896. .reu. J. (fe J. •127 •127 '1-20
•128 •127
1897. .rej:. J. .>; J. •128
•128
1898.. re«. ,1. .t J. •129 •129
•130 •129
1899..re»t.iJ. & .1. •130
68, r(nitinucd at 3>«.. J.
J.
5s, coiitiniifd at Sis.. Q.-Fel>.
4ia«, IH'Jl
reg. Q.-M:ir.
coup. Q.-.M.ir.
i>fls, 1891
Ic.
li>07
4e,
1907
6fl,
cur'cy,
cur'cy,
our'cy,
cur'cy,
our'cy.
68,
6s,
68,
88,
•
This
Is
the price bid at the
State and
Rallronil
Feb.
23.
Fa.
•100%
nw\
•101'8
Feb.
22.
fl
c
!S
o
c
24.
.
lOl^e
113*, •113%
•1143a •1141a
11778 ll7«i
117'e 117''8
'1-23
•125
•120
•126
•l.:7
'1'27
"128
'ViQ
•128
•120
morums board uo sate vas made.
:
Bonds.—Tennessees have
recovered
Governor of the State may call
the Legislature together to pass a funding law without, the taxIn Virginia tlie Riddleberger law
receivable coupon provision.
puts things in a bad position, but the two laws called "coupon killers" will be contested in the courts by bondholders, wiUi
good hopes of success.
Railroad bonds of the speculative cla.ss have been weak, with
slightly on the report that the
and Erie second consolidated fell off sharply, but recovered materially to-daj-. The $2,500,000 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
issue.
They are part of the first consolidated mortgage, set
forth in the reorganization of 1879 as reserved for contmgent
stocks,
'
improvements or extensions.
—
Railroad nnd Jliscellaneous Stocks. The stock market
went on from bad to worse with very few rallies of importance,
There was at no
till the lowest point was reached on 'Thursday.
time a feeling of panic at the Stock Exchange, except for a few
moments about one o'clock on Thursday, when Richmond &
Danville made its plunge to 130, after selling at 219 in the momintr, a decline of 89 points.
I'o day, Friday, the general tone was much better, and there
were evidences of strong buying by parties who are able to hold
One of the Street reports had" it that the heavy bear clique
on.
showed a profit on paper at the clase of Thursday of $7,000,000,
but they had not then covered their sales. The' leading prices
of stocljs to-day show that the market is .vet largely oversold,
and a sharp purchasing movement may take place at any time.
With all tlie excitement of last week and this, and the
unusual desire to get at some facts to account for the large decline in such RtocKS as Louisville & Nashville, Denver ti Rio
Grande, Ac, there has hardly yet been developed a single point
of great importance. The bands of the great manipulators nave
not yet been clearly serm, and if they are behind the scenes and
pulling the wires for the purpose of extendin.^ their control over
certain of the.se stocks, or for any other purposes that fact remains to be shown in the future. In the absence of any definite
facta to account for the daily fluetuaticins in various stocks,
of the momint, it is only necessary
to' r;efer to the daily range of pricen, given on another page,
showing the highest and lowest reached, and to remark that the
beyond the bids and offerings
closing prices of to-day were near the highest.
It may l)e obsen-ed that tbis sharpest Hurry in st<X!k9 ha^ occurred at a time when the m<inthly reports of railroad earnings
are showing an extraordinary increase over the corresponding
perioKh) of the previous year.
..
THE CHRONKJLK
224
THE
IN PRICES AT
RANGE
[Vou xixrv.
STOCK EXCHANGE FOR THE WEEK, AND SINCE JAN.
N. Y.
DAILY HIGHEST AND LOWEST PRICES.
Saturday,
Feb. 18.
Monday,
Tuesday
Feb. 20.
Feb. 2I.
II.
»130
132
133
132
prel...
68
68
63
68
Boffalo PitlsburgA Western...
BurlluKtou cellar Rapids & No.
Canailn soiitdeni
•78
83
61
16
A SnBquehanna.&-iN. y. AlrUne.
Bogteo
AlbABT
Do
,
604
Do
2(1
pret
Qulncy..
130
136
26
130
Feb. 23.
Friday,
Feb. 24.
130
46
51
•3334
25
130
25
130
ISS", 13334 134
82
48=8
80
44
80
48%
•70
80
49
46
33
35
93
95%
91
94%
89=8
903f
86
89=4
"2 2 -is "2 2 'a
32I4 32%
24% 24=4
20
•29
*21
22
32
25
34%
92=4
94
87% 89%
20
21%
31% 32
128% 128% 129% 129%
131% 132% 128 129%
10614108% 107 108%
1221, i-j2%
122 122
I33ISI34I4 131% 133 14
Chicago <fc Xortliwesteni
143
110 142
pref... 1421.2 142% 142
Do
I32I4 133
132 132
13134 13134
Chicago Hock I8l. & Pacillc
74
74
Chicago St. 1j. & New Orleans..
34"4 34«8
34
34% 33 14 33 'b
Chicago Ht. I'aul Minn. &. Oni..
10014
pref. lOUOslUOHi 100
99% 100
Do
50
48
48%
48
Cincinnati Saiirtnsky .t Clev.
-78
80
80
la
78
Clevelaml L"ol. cin. &. Inrt
131
....
CleTelaiKl A I'lttsljnrg guar...
120=4
1293i 1313a
139% 1403,
(jt
Alton
&
Chicago llniltngrou
Chicago >IUwnukeo
& St.
Paul-
Do
pref.
1083, liiaog
121=4 122
133'e '34'.i
108%
10934
128% 131%
139
131%
140
74% 74%
29''4 33%
98% 99%
47% 47%
76% 76%
88
88
.
•72
pref
Do
pref
Houston & Texas Central
Illinois Central
Indiana Blitoin'n & West., new
Keokuk A Des Moines
Do
22=8
12
12
93 's 94
22
22
93%
9934
99 'b
78
134 14 13613 134
413, i2
41
9814
pref
9V
32%
97% 100
47% 47%
75% 75%
Louisville
Louisville
Missouri River....
Naehvlllo
Chic
A,
<&
New Albany &.
3134
33
86
8U34
10%
1223,
60=8
124%
12%
1634
11=8
63
«94
2934
Istpref
Co
eacli
cinuatl, Istpref.
2(1 pref.
V.
Do
70
Cha<'(^ston
Uemplile
Hetropolitau Kl(s ted
G9
87
Hlchlgnn
851a
•&
Cetitrul
D. .Sli.
West., pref
Minneapolis
St. J^ouis
110
pref...
Milwaukee
96 "11
32
&
&
Uissouii Kansas
Missouri Pacilic
Texas...
(&
3014
7
7
70
68
87
87%
82=,
46
20
60
3338 34 Is
29
29
Morris tfe Kssox
Nashviilo Chattanooga
3VJ=8
&
St. L.
..
Do
pref
Northern Pacific
pref
Ohio Central
,.
Ohio *k Mississippi
Ohio Soiillii;iu
Oregon & Trans-Continental ...
Panama, Tidst Co. certilicates.
KvaiiaviUo...
it
•2B
122
New York Central A iliulson ..
New York Klevated
Rew York Lake Krle & West..
Do
pref.
New Y'ork New Ha\on A Hart,
New York Ontaritt & Western
Norfolk & Western
Do
30
10138 -02 "4 lOO'is
Mobiie& Ohio
Peoria Duciitui
87
86 14
73%
76
76
57
93% 94
91=4
75
85 'a
46
20
60
34
102
28
5313
94
30
94
SO
8
50
8
66
8534
86
1934
*32
*14
701a
190
30% 32%
96% 100%
29>4
& Ueadiug
61 14 61
Pittsburg l-'t. Wayne *t Chic
132 134
Rensselaer
.Saratoga
Blch.& Allesili., stock trust ctfs.
27% 28
Philadelpliia
(t liiiuville
<S
A
West Point
Pittsburg
Borne Watertown & i)gdensb'g
St. I«uisAlton «a Ten-e Haute.
Koclie.ster
Uo
Bt.
A
Louis
pref.
62
71%
128% ISO
103
35
106
37 =t
73% 74%
169
o
169
33't
183,
i.ji^
32
16
30%
18%
31
San Francisco
l>o
pref. . .
let pref
Do
A
81.
Paul
St.
Paul iMiuueap.
Duluth
Do
Texas
&
i'aciUc
A
A
Manitoba
Burlington
!
Pauillc
Wabash «t. Louis
Do
dk
Pacillc
.tII?>t:Kl,I.ANEOIJsr
American Ilislrl(.;t Telegraph
Colorado Coal A I ron
l>elawaie A Hudson CaoaV
'.
New
York A Texas Land
Oregon Itailway A Nav. Co
Pacltlc JIall
i.
iMINLNG.
Consolidation Coal
Homestake Mining
Little Hllt.sburg Mining
Marlpima Land A Mining...,
Maryland Coal
Ontario silver .Mining
Pennsylvania C.)ai
Oolcksllver Mining
Do
pref
Btandard Consol. Mfiilng
Oamernn
Onmeron Cn.ii
Coal
IO9I4
•42
..
79
H
88
-74
126
*31
•17
...
:."
Bobinaou Mining
Drerclill .Mln.ug.
32
31
68
60%
49
49
41% 42
10814
•40
104
37%
7434
23" '23 '=4
30
15
16
89
60%
61=4
26% 27%
57% 5334
26
28
26% 28%
19
56% 68
219%
22
180
255
30
164
32%
72%
66=4
59=6
133% 133%
25% '22" "23%
300
6,073
113,892
216,467
100
10,200
1,800
4.600
10,600
400
16,615
2,460
200
'a
219
235
28% 29%
26
20
800
800
943
80
38
•30
•77
35
47
61
35
45
84
85
80
84
79=4
32
35%
27
80
35
47%
82
109%
..
40"b
16
42%
15
116% 117
28% 30%
64% 67 ~
BO
50
40% 41%
107=4
•40
127
108%
80
145
92
77
127
,
'1»8
109% 109
36% 41%
14
14
110=4 1153,
29%
64% 56%
27 's
60
38=4
107%
60
43
108=8
109
37% 40%
114%
28% 30%
66% 67%
111
49
49
41
41%
l06% 107%
..,
42%
128
130
38
41=4
128
1VJ2
131
39% 41
124
125
=8
78 •'a 79^8
143
146
7888
140
79%
146
92
90
75
123
76
128
*31
....
31
31
19
19
*19
20
913,
«1=B
1=4
•90
75% 75%
120 128
1 =8
13,
1,700
1,610
7638
•141
9034
74
•123
30
•19
•1=8
78=;
143
90=4
75
128
303,
20
1\
78"
77
1,300
61,180
2,100
61,433
28,285
80,300
1,600
6,617
8,144
73
126
02
73
125
30
30
20
•19
1=8
Jan.
3334 Feb.
186,272
1=6
*13
14
60
60
17
16%
'1
*6
•1
1%
6%
1%
36
35
'240
•1234
14
•16% 17
1"»
*6
•1
17
*2%
•34% 36
'240
'57% 61
•16% 17
•1
6%
»6%
II4
17
234
17
•21,
*34% 35
•34% 35
100
....
12% 12%
1%
7
17
23,
12
67%
12
60
16
16%
6
1%
7
•1
1%
•16
2%
17
3
11% 12%
16%
500
800
200
•1
1>»
1,300
>634
6%
•15=4
10
•16
•3
17
3%
400
300
wm made at the Board.
t
Br-priTil»ge.
31
45
'
166
133% 182%
101% 129%
140
136
131% 147%,
129
148%
40
88
33%
61
109%
41% 68%
81
101%
91
1271, 142
95%
32%
82
18=,
60
77
131
107
66
113%
Jiin.
76% 88
Jan.
Jan.
13
23
J,an.
12%
Feb.
44=4 360
111% Jan.
21
33
12%
94
63
124
Jau.
137% Feb.
121
106
48% Jan.
38%
13%
14
41
32
49
37%
115%
52%
i
48%
36%
23
127
117
86
33Vi
32=,
116=,
16
110
Feb.
Jan.
Jan.
Jan.
Feb.
57i»
30%
66
44
63
16% 38
'o6"=i'Jan.
73
146%
66%
112% 136%
Jan.
nov
18
9
69%
117".
24
16
41
93
77=, 126
9 % Jan.
82 •V Jan.
6
84=4
•-'3
60 Feb.
45 '4 Jan.
109 ia Fob.
49% Jan.
140 Jan.
45 % Feb.
145 Jau.
Jan.
1
82=4 Jan.
79
60
15% 69%
60% Feb.
88% Jan.
23 32
Feb.
'5% Jan.
11
'26=4
1
26%
•i
40%
l'-'3
84
16
HI
24
12
24
60
90
90
82% 112
80% 102%
Jan.
36 Feb.
145
Feb.
135 Jan.
*-4
Feb.
37% Jau.
02 Jan.
57% Jan.
84 Jau.
137% Jan.
104 Feb.
21 '8 Jan.
66 Jan.
128% Feb.
74% Jan.
21
71V
126%
64%
42
23
30%
62% 70%
347.
64
114%
85
18%
39=4
14 118
131
102
14:130% 156
27 98 130%
14 39=4 62%
14 80% 96%
164% 190
141
63
23% 43%
23% 26%
63
70
32=4
61
64% 88%
21
37%
60
36
18
64
190
37%
83
200
27% 67%
74%
50
127
130
35
142
146
80
99%
122
22
22
39
86
39
55
90
26
70
171
74%
60
50%
77%
43%
66
81%
115%
42%
89%
88% 113%
41% 73%
15
103
38
% 131%
33% 60
64% 96%
74%
31
35
67
89% 116%
77
93
149% Jan. 10 120
10s
130% Jan.
6 112
142
36% Jan.
30
15%
1 % J an.
19=4 Feb.
14
Jan.
18% Fob.
33 Jan.
210 Jan.
11% Feb.
57 Jan.
1 4
Jan.
31=4 Jan.
1
Jan.
6 Jau
% Jan.
17 Feb.
2% Jan.
2-'d Jan.
2%Jr>.a.
76%
SO
Feb.
Jan.
l%Feb,
and aalced-no sale
ISf
80
49
190
Feb.
Jan.
Feb.
Feb.
Feb.
Feb.
10 142% Feb.
3s3 90 Feb.
312 73 Feb.
133 125 Feb.
900
100
120
26
45
37
69
60
16
30
134
39
120
42
128
29,250 38
1,043 122
400
%
142% 142%
90=4
31
105% Jan.
Low. High
llO-bJun.
4
92 Fob.
00 Jan.
24 52 Jan.
18 21 Jan.
23 61 Jan.
23 30% Jan.
23 104% J an.
24 3.^34 Jan.
15 123% Jan.
23 87%-J Jau.
31 13„ =4 Jan.
21 1U9 %Jan.
23 43;%Jaii.
r.i
24
^4 P5
Jan
jail.
17 172 Feb.
23 28% Jan.
6 20 Jan.
23 68=4 Jan.
23 37% Jan.
23 77% Jail.
I.-.
25% Jau.
23 38% Jan.
24 23% Jau.
30 75 Jan.
31 195
Jan.
23 37=4 Jan.
23 67% Jan.
1?3% eb. 24 135% Feb.
139 Jan. 19 140 Jau.
2i Feb. 23 40 Jan.
130 Feb. 23 250 Feb.
150 Jan. 10 263 Feb.
24 % Jan. 11 31% Feb.
20 Jan. 3 21% Feb.
26 Feb. 24 4334 Jan.
78 Feb. 21 92 Jan.
35 Feb. 23 46% Jan.
46 Fob. 24 66 •.Jan.
79=4 Feb. 24 106%J.in.
26 Feb. 13 3034 Feb.
68 Jan. 19 71 Jan.
108% Jan. 26 115%Jan.
36 % F"eb. "" 61=8 Jau.
17% Jan.
10% Fob.
119=4 Jan.
110=4 Feb.
38% Jan.
27% Feb.
71% Jan.
54% Feb.
2
fltotwin»>t \»i.,i.,,."
TSew are the price, bid
10878
Jan.
Jan.
Feb.
3934 Jan.
85% Feb.
56% Jan.
21 Jan.
37% Jan.
97% Feb.
94 's Jan.
75% Feb.
26 Jan.
3734 Jan.
26=4 Jan.
135% Feb.
138 Jan.
32%
70%
I
159
180
165
2U0
28=4 30 '6
133
60
2,225
2,975
7,867
2,989
8,600
80
38
31
78
42% 43 =e 41%
tl27
•34% 35
JBxccUior .Milling
Now Central CojU
•
130%
60
68=4
!
'210
Oentral Ari/.(ina Mining
Deadwood Mining
108
145
90
Co
COAL AND
41% 43%
134 'b 135
CXPUE!4!«.
xnencan
69%
]
WeBt.lJuioul'Bl.,<-i-certlficates
United States
Wells. Fargo A
3234
60',
42% 43 "8
Pullman Palace Car
Bntro Tunnel
„
8B
10938 110
109 'i 110
42=4 44I4
433b 44%
1414 I5I4
16
15
117% 118
117 117=8
313,
. .
pi.ef
(
Aama
38% 38%
63% 53 'e
69=i,
27
26
236
pret
Toledo Delphos
Union
37=8
89% 89%
34
68
129
104
36
73
69
27 =B
25%
227
219
259% 261% 2S4
3OI4 31 14
20%
32
42
20
60
07
26
31
35
84
42
93
22
23
34
31
84% 86
79% 82=8
973,
3339
293b
60
64
92
23
71% 72 =B
•33
84
3759
94
30
47% 60
31
33X
68
71%
18% 20%
29% 30
27
222
230
260
225
258
53%
93
30%
t.\:
Richmond
Richmond
51=4
•28
27=4
733,
ly'(
72%
"28% "29%
68% 61
61
28% 31%
72=8
19%
61
20
60
34% 34%
70
--
.
60
84% 86
79
82%
45
45%
501,
32
2i'i«
54
2334
171-j
71
29
22=4
341,
ig-iB
29
46
.3414
72 «s 74
7()(l
Jan.
Jan.
Jan.
39-', Jan.
80 Feb.
44 Feb.
15 Feb.
33% Jan.
89 Jan.
86 Feb.
70 Feb.
20 Ffb.
31 % Feb.
23 Feb.
128 Jan.
128 Feb.
104% Jan.
119% Jan.
124 Jan.
136% Jan.
129% Feb.
74
Feb.
29=4 Feb.
97% Fob.
47 % Feb.
75% Feb.
133 Jan.
87 Jan.
9% Feb.
65 Jan.
121% Feb.
69% Feb.
83 Feb.
10 Feb.
19 Feb.
8 Feb.
91 Feb.
91
Feb.
62 Feb.
12734 Jan.
38 Feb.
13% Feb.
4H Jan.
32%
126;695 '67%Feb.
960 61 Feb,
6,050 48% Jan.
710 9i Feb.
1,360
Jan,
Feb,
400
Jan.
31,050
Feb,
2.807
84 Jan
40,230 79 Feb.
600 42 Feb.
20 Jan.
60 .Tan,
65,645
26% Feb.
80,150 92 Feb.
668 22 Feb.
285 1 20 % Fell.
20,300
62 Feb.
77,782 128% Jan.
350 lui Feb.
82,416 35 Feb.
2,700 73 Feb.
86 168 Feb.
14,684
2:;=, Feb.
20 Jan.
8,095 46 Feb.
4,945 31
Feb.
137,688 66=4 F. b.
6.550 17 Feb
3,700
Feb.
Feb.
3,310 60 Jan.
190 Jan.
5",6l6
26 Feb.
43,100 55% Feb.
74
70
54 3i
94% 94%
122% 122% 122%
64
913
200
10,200
10,625
130
70% 73%
69=4
53-4
5334
34,278
2,935
1,
For Pull
1882 Year 1881
Highest
27=4 I'cb.
164,59(1 108
Fob.
1,100 49 % Feb.
29=4
47
54
630
Range Since Jan.
28% 29%
108 109=8 108% 111%
51% 51% 49% 49%
27=4
61
60
80% 82=8
45% 45%
75
72
1J8
130=4 1311..; 130
1311s 12riil30%
108 10.S
'105
1115
107
105
39 's 393*
38=8 39%
3738 33%
761
76
74% 75
169 34 1693,
170 170
25^*8 '24ii"25i
25
2334 24%
54
19% 20
95
40
633,
20
92% 91=8 91 'e
97
98% 94
67
65% 65% 62
131=4 134% 132% 13334
401.
38
40%
38
13% 13%
93%
98%
132% 133%
40
5,020
74,463
200
"79% "86
"67%'79%
71% 71%
5618
Dt
97
75
21 14
32I4
31
Hauhattaii
Hanliattan
Marietta &
78
136
42
9238
533
800
390
132
10% 16%
121% 124%
69=8 63%
10
19
29 14 29 •'8
HOSillHj IO934UO 'b 10814109=8
5II4 5114
61
51%
LakeKiie <fc Western
Lake taliore
Long Island
Loiusiaua
93i%
9»'b
203,
1,990
76
30
'
Do
300
100
93,640
39,721
129% 131
130
Columbia & O reenville, pref.
1034 ll"!
11%
1034
Columbus I'lilc. <£ liid. Central
Danbury & Norwalk
Dela'ware Lackawanna & West. 12434 125'(i 12419125% 12314 124%
651.
62',
04 H 6518
63
61
Denver <fe Itio (irauile
83
83
82
l>nbuq(ic •& HlouxClty
13 13 13=8
13'4 13=8
12
13%
East TeuiioBbee Va. JkGa,
Oreen Bay Winona <ft Bt. Paul.
Hannibal ife i^u Joseph
12,76.i
120
.
22I4
j
•21
129% 129%
13234 133%
107 14 10H%
Ohlcaf^o
Sales of
the Week,
Shares.
300
15
17% 17%
Cetlar Fall.s A Minnesota
•3334 35
Central Iowa
92ae 95"8
94'8 97%
Central of New Jersey
90^1 9134
9038 9114
Central I'iicilic
Charlotte CilumWa & Augusta
23H)"2S"ii '*23ij !!!!!!
Cbesajieake <ft Ohio
3313 S3 la •35
36
Ifltyref
Do
23 Hi
Feb. 22.
125
•75
48%
Wednesday, Thursday,
1883.
1,
62%
161
4%
94% Jan. 17 62% 9S
80% Jan. 26 51% 79
2
Jau.
26
33
246
Jau.
Jan.
Jan.
14% Jan.
62% Jau.
17=4 Jan.
37 Jan.
1% Jan.
6=4 Fob.
1% Feb.
20 Jan.
4 Jan.
2=4 Jan.
l%Feb.
1%
39%
»%
9
17%1 8»
.
,32%
240
39%
264
21%
7S%
12
53
17% 27
25
1
14
4
%
18
2
2%
1
8S%
^S
4
—
...
.
1.. .
IHK l.HKOMlLF.
lUTniiusj
"S
—
...
.
225
QUOTATIONS OF STA.TE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
8TATB BOND8.
BBOUBlTIia*.
SEonRrriBS.
Ask.
Bid.
Bid.
8RCDRITIKS.
Ask.
Bid.
SKCDRITIRH.
Ask.
>T. Oaronna-0*,old, J.AJ.
OliuiH A, a to 6, 1906....
lo 5, Hniall....
ClaAn A.
CHoosH, So, 11)06
01«.sa I', its, lUOO
6«. 10 '20». 1000
SIS,
sn. (lUHii-ii, imto.isoo...
HihK
Ft. 8. IM.
7a, 1
I..ll<M:k
Tn, M.iiii..
Tm, I,, ii. v. B.<* N.ll.
B. B. BB.
7«, Ml»«. (1.
Ts, ArkaiiaoK L'rut. BK.
ae
82
T.I'ft'S-
*
*
.
Fuurtlng, 1894.'6s
Muinibui
Do
106
68,
68,
68,
68,
^5'.V«?ar.-.v.-.;::: lOM
1886
Tl, endoraed,
108
114
TijicoM, 1890
A
'
6a',
66
6s,
do
1887
gold, coop.. 1887
ToMi, 1883
loan, 1891
loan' 1892
loan, 1893
iu>.t.
nou-fur
A.AO
'.»3
''.!-H
6s, new, 18*17
On, rniinol. iHinilft
1,
'98.6
6
claHa2
clasaS
6
6
.'.'.'..'.
T
"90
60
—
ex-matui-od ooapon.
iim,
Hn, ronivol.. a<l nciien
:
"
4(
14
DUtrlct of (.'ulumbiA—
Small bondft
issn
i«%
loes
• •••"
106
Rhode laland
68,
ii"
60
SO
SO
36
IHV2H imw....
newaerlKs, 1914
68,
hlo—
B«.
101
Vtrrlnln—tiH old
8
Small
....
10
t
tl
TeiiDesAe4<
6>i,Dew,
11
Conaol. is, lillO
(told, reg.,
Brown
J.4J.
off,
otr,
Act M»- "i wh'ii
e«.
l.ss
bonds, J.&J., 92.8
Do
Do
1
Sootli Carollna-
*\
.'
lis
A..t<>. iia
1 HItn. 1 Ono.
10
IHUH 18!W.
10
Do
Do
100
100
'87.,
coup,
coup,
FiiniUnir
New
J
II tl
A.AO..
Chatham RR
Special Ux, claaa
11.5-
'
A U.
f-urnlliiiv
Do
Do
Do
109 i^
login
lllHi i'li
St. Jo., '86.
New York-
ioiiii
XfOOislAiia
7». couaol., 1914
100
107
'
Nn.
AayrniorUnlT..due'92 lia^i
23
1888-4..
:".::
::.::":i
6a. rtne 1882 or 1883
6a, i1n«188e
6a, line 1887
6a, du«1888
68, duo 1889 or 1890....
31
RB
KB
A
AnweoUcuU-Ba,
83 K,
old, A.
6fl,
1
75 1890
MUaoari-
'*!
AA.
Bid.
FnndlngBa,
106 "a
1899'.:!:!;:
'*""••
•*"•"•
ooniwn, 1893-99
Do
Hi'
reglstertd
RAILROAD BONDS AND MISCEM.ANEOUiii SECURITIES.
Railroad Bonds.
lat cons. 5fl
75
Divisional 5a. 1930
Ellji.(;.*N.— 8.F..deb.c.68
lat mortgage, 68. 1920. jisfd'
128 >a
Erie— lat mort.. extended.
2d mort., oil'd 59, 1919. ;io7>«
tStock ExcUunuf Prices.)
Ala. CentnU-lat, 8s. 1918
Atoh. T. * M. Fe-4Hi,li'20
Atfc 4
98
Pin-.— lst,C8. 1910
Balt.A0.-l8l. 68, Prk.Br.
S2
Boat. H. A K.— 1st niort..
90 h
Bnr. Ced. B.Jt No.-l8t.58
Iflnn.&si. L lat,78,KU J120
53
(106 >a
Sd raort., 79, 1883
4th mort., exfd. 5a, 1920
99>4
5thmort.,eit., 7a, 1888.
Dock bomls.78. '9.'i t!15
ButtVN.Y.AK.— I8t.l9ir,j n'23
N.Y. L.K.AW..-N6w2.1,e 97
I.oijp
0.Rai>.la.F.*N.-l8t.68
Ill's
Central Iowa— lat. 7a. '99 111
AuB.— lat, 78
l8t, conaol., fd. cp.. 79.
2d. conaol.. fd. cp.. Sa.
Cheasp. 4 O.— Pur.m'j- fd. nio
Buf. AS.W.-M.' 8,1908
6b, gold, sorlca A. 1908. tlOl
78'a
Ev. A T. H.— lat cona., 6a
6a. Bold. 8cr. B, Int. del.
46»4
FltitP. Marq.— M.6S.1921
68, curreiicv. Int. det ...
Oal. Har. A s. .Vnt'n -1 st,69
Xlblcaffo 4 Aium-lat m.. 121
1103
Income Ts, 1H83
2d mort., 7b. 1903 ...
Slukluetuud. 6a. 1903..
O. liavW. ASt. P.-l8t. 68
Onlt Ool. A S. Fe-78, 1909
JoUot & Cht»!«go— iHtro.
HftU. A St. J03.—88, conv.
La. 4 Mo.— l8t ni.. guar.
no7
Consolidated 68. 1911...
2dmon.,78. 1900
Houston & Texas Cent.—
81. 1.. Jack.* Ch.— lat m :i5
lat,guiir. (564).7b 'gi
lat uiort., 1. gr.. 78
lat mort.. West. I)iv., 79
2dni. (;!(i0!.7s. 1.S98..
l8t ]nin-t..Waco ,t N'.. 78
2d. punr. (188), 79. '98
iU8S.B.BrBo— Ist.s.f. 8s
2d, consol.. main line. 8s
2d. Waco A N.. 88. 1915
C. B.4Q.-a p.c. lat 111..83 103 Si 10»3,
l',!7
Gen. mort.. 6a. 1921
Conaol mort., 78. 1903
lll.Ccut.— DuIi.A S. C. l8t
e8,8inkiiiB fund. 1901
Dill). A S. C. 2d Div.. 7s
Iowa D1V.-S.F..5R.1919
IOWaDlv.-.S.F..48.1919
Ced. F. A Minn.— Istra.
Ind.Bl. A VV.-lat, pref., 7s
O. R.I.& P.-6s.coup.,iai7 128'a
125=< 126><
Ist mort., 3 45.68. 1909
6s, 1017. reglatered
106
2d mort.. 3 4 5-6», 1909.
Keo.4 DeaM.— l8t.g..5a
Indianap.D ASpr.— l3t,78
Central of N.J l8tm..'90
114
lat consol.. naaented, *99
2d. 59. 1911
114
0onT..as80nt«d, 1902... 113
lnt.Aat.No.-l9t.es gold
105
Adlustuieut, 78.1903... 103
Coupon. 69. 1909
>2'
Leh.JiW B.-Cou.R'd.aa. 106 :< 106
ICenfkv Con.— M. 69.1911
99 'i Lake shore A Mich. S.—
Am. D'k A Im.—
1921
1'29
134
Mich. So. A N.I. a.fd. 78
C. M. A St. P.-lBt.83. P. D,
adm..7 310. P. n., 1898 116 118
Cleve. ATol.-Slnk.ld.
126
New bonds. 7b. If^SB.
1st m..78. $ g., B. I).. 1902 123
l8tm.,I,aC. liiv., 1893.. iiasi
Cleve. P. A Ash.-la. ..
116
Istm., 1. A M., 1897
Buff. A Erie-New bda
116
Buff. A Slate Line- 78.
Istm., I. A U., 1899
Istm., C. A M.. 1U03.... 120
Kal. A W. PlgeoD-l3t
I'iU
121
Oousol. 78, 1903
Det.M.AT.— 181,78,1906
102 >a
Jdmort., 78, 1884....
Lake Shore— Div. bonds
llSij
lat, 7«, l.it D. Kxt.,1908
Conaol.. conp.. 1st., 79
105 V
S. W. Dlv., lat. 68. 1909. 104
Conaol., reg., lat. 78.
94 "a
iBt, 68, I,a.A Uar..l910.
Consol., coup., 2d, 79
1U3!V
lets. Mluu.Div..li»,1910
Conaol., reg., 2d, 79
114 <3 Loui8V..A N.— Con9,78,'98
latm., IC.iD.,78. 1910
Vb.& Pac. Dlv., 6.S, liilO 104
2d mort., 78, gold. 1883
<
93
94
latChie.i- P.\V..i-j8.iy21
Cei'ilinu Br'cTi— 7a. 1907
llin'l Pt. Dir., .'is. 1910.
J89
N.O.AMob.-lat.6a.l930
li'o'
«.* N.west.- S.f. 7«. 188,5
E. H. AN.-lst.6.s.l019
105
Intereat bonds, "a. 1883
Oen'l mort... Gs. 1930132 H»
Oonsol. bonda. 78, 1915..
Penaacola Div — Gs,1920
'85
107
buuda,
JCxteuBiuu
7a,
St. h. Div.— lat. 0». 1921
"loi
108
latniort., 78, 1885
2d mort., 38. 1980....
123
•Coupon gold, 78. 1902..
Naahv. A De<!.— lat, 7a
123
S.A N.Ala.— S.f.,8s.l910
Reg., golil. 7b, 1902...
DiukiuK lund, 68. 1929. lll>a
I.oliau'n-Kuox.- 6h,1931
Bluklugfuud. reg
L. El 1« A W.-lat, 69.1919
101!
Sinking tuud. 5b. 1929.
Sandiiakv Div.. 6a. 1919.
1U2
SiukiuK fuud. reg
t
Laf. Bl. A M.- lat, 68, 1919
Iowa Midrutl— 1 at m.. 8a 1120
Louiav.N.Alb.AC— lat.fls
Penlnaula— lat m., conv. 1'20
Manli»t.B'ch Co.— 78,1899
Chicago I't Jill. -lat m. tll9
N. Y.A M.B'h- lat,7a,'97
Winona & St. P.— lat m. 1107
Marietta A Cin.— lat,
2dmort., 7a. 1907
lat mort., atcrllng.,
111
MU.A Ma<t.— lat,6a,1905 t
Metropllfu El.-lat.l908
123
O.C'.C.A Ind'a— l8t,i8,B.f. tl23
2d inoit.. 69. 1899
123
Couaol. ntort.. "a. 1914.
Mlch.Cent.-Con..7a. 1902
'Vbar. Col. it
t'.'.'.'.'.
—
Kana. Pac— Ist. 63.'95
Istm.. 6s. 1898...
119
t89
t ....
tl03
t65
103
80
105
72
107
90
108
U07
iii"
n'23i3
t
107
120
123
C StL.AN.O. -•ren.llen.7a
lat nioit.. 8a. 1882.
a. f
1. cfc W.— 79, conv. '92
Slort. 7a. 1907
Morna A Kasex— lat m.
l.tS'.
2d iuoi-1., 1891
Boml8. 78. liKM)
78o( 1871 1901
113=.
(113
rl22Hi 123
125
lat u)..coii»ol.. gaar..7a
Del.* H .0.- lalni.7a,1884 lOS
lat mort., 78, 1891
latmort.,cit.,78, 1891.
lat mort., coup.. 78, '94. *116
118
181
130
116
A
,t
«ai
— ist,, coup
iod"
57'
i"d2'
ids'
95
101!»
N. Y.
lat niott., re».. 1921 .. IS 5
A U'o'Jr.-l5t,1900'
lyiu
1
Denv.So.P.APno.— ;8t.7s|
'Pnooa nominal.
C.4
136
99 \
99
I
— m..
100
90
t
i.104
58
(
87 "a
I'd gr.,
BB—
Begistered, 1921
A
Pitts. Ft. \V.
Ch.— Istm
2dmort., 78, 1912..
3d mort, 78. 1912...
ids'
Ch.A
I.
103
108
In lerest pauaItU if earnM.)
Ala. Cent— Inc. Ga. 1018.
Atl.
Pac.-Inc. 1910..
Central of N. J.— 1908 ...
JlOO
85
85
ios>s
102 >«
133
93 "s
135
106V
101^
A
76"
(
E. Ill.-llic, 1907
DesMAFt.D.— lat.Inc.Os
K.T.Va.A(J.— Inc.,68.1931
Ellz.C.ANo.-'2dlnc.,l970
O' BayW.ASt.P.--2d.Inr;
76
52',
107 "i
102
Ind.Bl. AWcst,—Iuc..l919
Ind a Dec.ASpr'd- '2it luc
53%
31
Yd"
Tru.9t Co. certiflcatea...
93
93
107!!,
Int.AOt. North.—•2d Inc
2d assentod. Os. 1 909.
Lehigll A W.B.Coal— 1888
Lake E. AW.-Iiic. 7a. '99
Sanirky Div.— Inc.. 19'2(l
.
.
103
102
lllH. Laf.Bl.AMuB.— Inc.7s. '911
IO6I4 Mil. L. S. A W.— Incomes.
id: '4
87
86 Hi
Mob. A O.— 1st pref.deben.
(
51 --4
50"
}89
(83
debentures
3d pref. debeuturea
4th pref. debentures
2(1 pref.
95
51^
53
86
93
68
60
54
N.Y.LakeE.AW.-Inc.6a^
idd" N.Y. P.A O.— 1 at inc.ac.5-7
104
N.O. M. A Tex.— Deb.acrili
10314
Ohio Cent.- Income, 1920
idi'ii
Min'l Div.— luc. 78.1921
63
64
Ohio So.— 2(1 Inc.. 8a.l921
79
79
135 'J 140
132
134
131
127'
i'sd
iiz's'
39
36"
Ogdenab.AL.C- luc.19'20
Peoria D. A Ev.— Incomes
Evausv. Div.— Inc.. 1920
Booh.
Pitta.- Inc.. 1921
S. Cai-o.B'y.— Inc..8.s.l931
St. Loula I. Mt.
So.—
lat. 7a, pi-ot.. iut accnm.
2d. Gs, int. acc'mulatlve
76
A
38
A
83
St'gl.ABy-Ser.B..luc.'94
l*laiu
Income
8s, lsi>6..
Sterling .Mtu. U'y Inc..'95
St.L.A.AT.II.-Dlv. b'nds
Tol.Del.A B.-IncG8,1910 (32
Dayttm Div.— Gs, 1910
Tex.4St.L.— L.g..lnc.l920
3S
mort., 78, 1898
Miscellaiieons List.
9:
Ist.
certificates...
89
.
—
Br.— lat mort. (107
Cairo A Fulton— lat m.
Cairo Ark. A T.— Ist m.
clu.lnd.St.
..Vrkanaaa
Oen.c.r*5-A l.g.,58.1931
Ht.I,.Alton A T.It.— lat in.
.
BellevilleA.S.Ill.-latm. 1123
Man.— lat,7B 108
2d mort., 6a, 1909
Dakota Ext.—68, 1910
A
101
i'lo'
103
.
Hen.— 78.
Galv.II.A
Georgia Railroad— 7s
84
100
90
Tex.Cen.— 181,8.1^78, 1909 107
Tol. Del. A Bnr.— Main. 6a
lat. Dajrt. Div., 6a, 1910
lat, Ter'l trust, 6a, 1910
W. 8t. L.
P.—Oen. m., 6a
Chic. DIT.— 58, 1910
90
78
95
113
125
'7
latnt qaoUUons nuds (bU
Mt
I27
103
103
80
I'M
lOH
Kansas A Neb.— 1st mort.. 84
30
2d mort
112
Lons Island— 1st mort.
111
2d mort
118
.
.
Mempb.AChar.— Ist,oon8. 110
2d mort, 8a.
113
101
107
108
116
N.Y.AG'nw'd L.— lat,7s,D
2d mort
8
Tenn. Hen.
Mlaa. Central— Ist m., 78.
2d mort., 8a
N. O. A Jackaon-lat, 8s.
certificate.
WMk.
88
26
114
115
105
110
Ml
1-20
45
NorthBast.,8.C.— Istm. ,8s 130
113
2d mort., 8s
87
A
82 •> 83^ SL Joseph (t Pao.— ls( m.
35
2d mort
86
83
10
St. Jos. A West'o—Slock.
Hav. Div.—68,1910
South w. Ua.— Conv. 7s, '86 118
Tol. P.A W.-lat, 78,1917 109
120
Stock
Iowa Div.— 6a, 1921
92
Tex.* St. U-lst, 68,1910 70
Ind'polia D1V.-8S, 1921.
Western, N. C— lat. 78... 100
93
Detroit Div. -68, 1921..
82 -a Wis. Cent.— Istseries, now 73
CalroDlv.- 5a. 1931. ...
46
'id aerlea. new
100
Wabaah-Mort. 7b of '09
No prloa FridAy—(Uesc are
100
1122
1106
68
1st, ooDSOl.,
il05'-a icri"
39 S 40
109
III
108=4 109
l8t,6.* 1100
C— g.,
106
119
st.P..Mlun.A
L.A
idliVi
1834.
7s, '94 ( ...
St. P.
Dill.— lat,58,1931 JlOO
80. Car'a B'v— l8t,68,1920
2d, 69, 1921
(86
116
118
118
103
l'l»"'
con., 78, 1909.-..
lat, Tr't Co. ctfs., asa'd
2d, Tr't Co. ctfs., a.S8'd lii"
l8t,Tr't Co.ctf8.,8uppl.
2d mort.. tucomo,
B8»4
100
119<*
119
A
I'l'i'
108
C— lat, cons
2(1 luort., pref., 79,
77
102
no
(
Chic.
2d
•2d
ill"
1221.1 Cllic.St.P.AM.-L.g.lllf..6s
1'25
1892.
(.
108
100
100
INCOME BONDS.
10334 104^ ChicSt.U.feN.O.— 2d.l907
lloiv 117
Col.Chic.&I.C.-Inc78,'ao
115 '4 116-4 Ccnt.Ia.— Coup.dob.certa
Clev.APittsb.— Cons..3.f tlY2"
4tli mort,, 68,
Han. A Naples- lst,78 f
8t.L.K.C..t.V.— B.e..78 (106
Om.Div.— latmort-. 79 109
Clarinda Br.— Oa. 1919 t
St. Chas. Br.— lat. Oa.. (
No. MLsaourl- Ist, 78
119
\Ve9t.V. Tel.— 1900, coup. (.
1900. reg
(.
"a
idij"
tuo
lOOHi 103
.
Oregon BB.ANaT.— l8t.68 (106
104
103
105
*
ill.f'4 113
107
109
103 Hi
.
.%'. W.Telngraph— 78.1904
Spring Val. W. W.-lat. Oa
id's
99
108
7s. 'S8.
{Bmker'$ Qivttftttons^
Va. State— N ew 10-408
101=4 Atl. A Oulf—Consol.7s,'97
100 1» Roch.A Pitt.— l9t,6a,1921 100
89 Vi
Atl. A Charlotte— Ist, 7s..
92
Bich. A All'g.-lat,7a,1920
income. 6a
l'J7
Blch.ADanv.— Cous.g.,6a. 103 10434
Stock
103
Atl. A Ch.-l8t,p.,7a,1897
.,
98
Car. Central— Ist, 68. 1923
Inc., 1000
Consol. in., 7a
10313 Cent. Go
Scioto Val.— Ist. cona., 78.
Stock
St. LonlsA I. Mount.- lat ;i4'4 115
Chlc.StL'A'N.b^siidisi
106 Si 107
2d mort., 7a, 1897
102^4
7a. cp. 'i's's'
lat mort.. 7a, reg.. 1900
And aoorued latsresk
A
reg
l8t,Bio G.Dlv.,63,1930
Truat Co.
.. tl33>9
Huda. B.-79,2d. s. f.,'85 1110
Caua^ta so lat. int. gu.
Harlem— lat
121 <3
119
121
94 V) 95
96
Rome W.AOg.— Cou.,
lat mort.. reg., 1903
1135
118
118
2d m..guar.. 7a, 1898.
Pita.B'd.&B.-l8t,6a,1911
2d, 6s, 1901
1883..
H.— latm.,cp.
7a. 1893
Q. A T.-lat. 78, 1890
Ill..fcS.I.-l9t. 7a. 1882
St.L.V.Al'.H.-lst,g.,7s
joi"
m., 68. till
Trust. 08. 1892. tlOO
Morgan's La.ATe.x,l9t,68
Naah.Chat A stL— lat, 7a
..
A
Income
Col.
A O.— New
N. Y. Cent»l-6s, 1883
6s, 1887
ea, real eatate, 1883
Ot.
86
Pa. Co'a guar. 4=38 late,
Coll.-it.
6a, anbscription,
Senv.
lat. '•oitBoi.. Ta,
A
Mobile
llS<s
lat mort.. rog.. 78, '94...
let. Pa. DlT.,cp.,'?a,1917 t
Reg., 7a, 1917
t
Alb.
Suaq.- lat m.. 7a 113
2d mort., 1». 18,85
!08
lst.con8..gnar.78.190U 1'25
Kens.
Cona., assented, 1904. 6.
2d mort.. Income, 1911..
H.
Cent. Mo.— l9t.'90.
Mo.— lat ra
Pac— lst.68,1903
Consol.. 68. 1903
Pennsylvania
;ii5
Iowa Ex.— lat. 78. 1909. 111^
-..
2d mort .7a. 1891
S'thw. El.-lBt.7s,1910 ios'
Pac. Ex.— l8t. 68. 1921
98
Mo. K. A T.— Oen..con., 6a
76
128
BTr.BlnK.JiN.V.-lat.7» 123
Peirce C. A O.
7s, 1893..
Tex.
;\W
Istm.. con.. 7a. 1897
Eqtiipm'nt bonda, 8a,'83
99 >a 1(X>
t). St. P.M.* O.-foua., 6b
6a. 1(}09
....
C.8t.P.>VM.-lBt.08.1918 lit
Coupon. 68. 1931
No. \Visi:.-lat, 09. 1930.
Reciaterod. 59, 1931
8t.P.,t.S.('.-l.«t. 08.1919 lii'
112Hi
Jack. Lan.A S -89, 1891 108
Chlc.A E.ld.— lsl,».f..iur. tl03
Mll.ANo.— l8t,4.5.6.s,1910 90 100
Ool.A OrpBU.-l»t,Ga.l916
104 >« Mil. 1,.S.A\V.-I8t69,1921
100
3<1. (>8. 1926
93 >v Mlnu.ASt.L.-l8t 79.1927 114 'a
BoL
lat, 89,
128
93
103
'
8s. ci.A
Equipment.
So. Pacific of
tl03
108
95 \
L.AS.F.— 2d.
368, class C, 1908
368, claaa B, 1906
Wcat.— lat.
96 >i
102'',
85
110
102 108
100 "a 104
.
'!.
iso'
125
123
A
Tol.
w.-lat. ext.. 78
l8t,8t. L.D1V., 78.1889
2d mort.. ext.. 78. '93 .
Kquipm't bond8.7a. '83
Conaol.. conv.. 7a.l907
"ii
2d mort.,
Den.Dlv..68.a88d.'99 108 Vi
100
Ist cons.. 6s, 1919
Cent. Br. U. Pac— Ist.Bs tlOO
ilOO
Funded coups.. 79.
Atcll.C.AP. -1st. 68.1903
At. Jew. Co. AW.— lst.68
Utah So.— Gen.. 78. 1909 *
Extens'n. Ist. 7«, 1909 J
Mo. Pac— 1st conaol.. 6s 101 v
3d mortgage, 78, 1906. 110
Pacific of Mo.— lat, 68 .. 106
111
2d mort., 78, 1891
St.
102
111
126
tl23
.
'i'dsj
a. (.
Con.solidated 7a, 1898...
2d cou.'folKlattMl, 79,1911
l9t m.. Spriugfteld Div..
Ohio Cent.— lat, O9, 1920.
96=3
lat m.. Tcr'l Tr., Us, 1920
Ist Mm'l Div.— 09, 19'21
96
Ohio So.- 1st M., lis. ) 9'21
115
OiegouitCnl.— lst,8a,192i
116^ W.St.UAP.— ContluUeU—
1071a
103
t
m., 6a
N. Pac— 0.1.gr..lstcou.6i
Beglatered Us. 1921
N. O. Pac lat.0a.K..19'2O
Ohio A Miss.— Oou.sol.
I
.
1903
l9tra.. 6a,
Nevada Cent.— lat
f.l
102 1.J 104
Piinivma— .S.F. 9Ub.«9,1897
Peoria Dec. A Ev.— 1st. «8
"83' 109
9II3
Evang. Div., lat, Oa. 1920
106- 107
Pac. BBS.- C.Pac— 0.,li8
308 109
San Joaquin Brancli..
107
Cal.it Oreiioii— Ist ui.
State Aid bouds,79,'84
111
lll'n
Land grant bonds. 89
107
West. Pac. Bonds, 8s
112
So. Pac. of Cal.— l»t. Us.
Union Pacitlo— Istmort,
115=2
Land grants, 7s, '87.9.
100
Siukiug funilH. as, '93
Eegl.stered 8s, 1893
tll3
Collateral trust. Ga.
i-i
UTq
N.Y.Pa.AO.— Pr.l'u.(i.8.'9j ;100
N.Y.C.AN.— Oeu.,08,1910 60
N. Y.A Now Eng.— lat, 78 114
Norl.AW.— o.l.in..fl9.1931
l.SO
lat.conaol., gold. 7s.liJ"J0
Iowa V.& Weat.— lat.Ts
.'•.a.
N. V. Eiov'd- l8t.7s. 190U
113
lj:.T.Va.AUa.— lst78,ltlU0
13
93
IS
133
80
'78
50
.
—
.
..
.
THE CHRONIC^LE.
226
New York
({notations
Local Securities.
Insurance i^tock List.
Bank
Bid.' Ask.
....
Am.
JOO
100
K)
25
100
100
25
100
25
lOO
100
100
100
125
& Drov'rs'
Central
Chase
Chatham
Chemical
CUIions'
City
Commerce
Continental
...
Corn Exchange*
Baat Klver
Bleventh Ward*
Avenue*
Fourth
Fulton
Hanover
Imp. and Traders'
.
.
Brooklyn
Citizens'
City
Clinton
Columbia
Commercial
Hill*
Yorli
Yoric County..
N. Y. Nat'l Bxch'ge
Kill
117
100
h'ireraen's
100
100
100
Franklin .& Erap...
(Jerraan-Araerican
(icrmania
Greenwich
Guardian
Hamilton
7'i
100
100
35
100
100
230
Howard
50
130
importers'
Hanover
Hoffman
Home
!33
Irvins;
Kings County (Bkn.)
Knickerbocker
Lafayette (Br'klyn)
100
100
25
50
25
100
Lamar
Lenox
Lonff Island (B'klyn)
Loriliard
Manhattan
50
100
100
People's*
20
SO
BO
100
Sixth
State of
New
. .
100
Niagara
North River
Park
Peter Cooper
103,W
People's
Phenix
Belief
Republic
Kutgers'
Standard
.
100
100
100
100
Star
Sterling
Side*
»2
llii
laO
.Dft
1(1(1
125
•r,i>
80O
H5
70
130
1155
85
ISO
llEO
75
100
14")
50
50
100
30
20
40
50
100
25
50
85
100
100
25
50
60
50
50
50
106
I
IliO
[110
96
70
(IC
0!
14')
20)
58
hS
65
70
10)
BO
130
93
140
145
70
•,
10
80
Sew i'ork* NewEng.Si.
4 Lake
ISO
IDS
110
215
147
126
193
118
150
7.i
85
75
>'6
140
165
125
115
75
55
IVO
75
125
113
25)
90
85
90
130
120
•J80
H5>s
78
.
1!
la
—
lOO.m
i05
PassuinpBlo
'14!,
33>4
aud
City Railroad Stocks
O^t.. priit..
iSS
i
Nansua* Lowell
New York & New England.,
[Gas QuotatloDB oy ueorge H. ProDtlss, Broker, 17 W.-ll Street.
r
Qa* Cohpasibs.
Brooklyn Gas Light Co
Citizens' Gas Co (Rklvn)
do
bouds
Hulsm
Jersey City
A Uoboken.
.
25 2,000,000
20 l,200,iW0
,
1,000
etronolitan
_do
Nov.,
Jan.,
1898
Feb.,
flcrip...".
Bondi
Bunds
1,000
-frar.
Central ot NSW York
WlUlamsburg
do
bonds
50
50
Metropolitan, Brooklyn.
Municipal
1,000
100
100
..
do
bonis
_
Fulton Mnniclnal
760.0011
92
Feb.,
880
IFeb,
3
182
105
'e2
Jan..
3i,l 18S2
Nov.,
)an..
1S97
1900
105
60
86
lai
25
20
105
lo7
95
fO
CO
80
•July,
Feb.,
1900
Jan.,
Dic.^
18»S
70
05
101
104
60
83
19S
110
80
195
..I 75
1
97
104
55
84
119
Nov.,
M.ftN.
165
K.9
82 05
Sept.,
37.%000 M.&N.
125,000 Var.
4««,000 F.& A.
1,000,000 Quar,
1,000,000 A.& 0.
1,000,000 M.&N.
3.000.000
100 IIRM.OOOI
114
61
110
94
170
58
ISO
1^
.
People's (Brooklyn)
110
105
'uly,
5
6
3
A
do
bonds
Mitu»i,N. 1
do
bonds
Nassaa, Brooklyn
New Tork
Var.
Var.
i.&o.
f.aA.
315,000
50 1,850.000
20
750,000 I.&.J.
50 4,000,000 .I.&J.
100 '2,500,000 «.&R
500 1,000,000 F.St
100 5,000.000 Quar.
I'^SS 1,000.000 F.& A.
25 1,000,000 Var
Va
700,000 M.&N.
100 4,000,000 .M.&N.
10 1,000,000 J. * .1.
..
MiDbattaa
fi9
*
.
Old Colony............
Portland Ssco 4 Portsmouth 113K
Pullman Palace Car
x
Rutland, pref erred
186
I
[Quotations by H. L. Oba..nt, Broker, 143 Broadway.]
Bleecker Bt. & Ful t Ferry— St'k
.
Ist
mortgage
Broadway & Seventh av.— St'k
l8t mortgage
Brooklyn City— Stock
1st mortgage
Broadway (Brooklyn)— stock
Brooklyn Crosslown.— St'k ..
Ist mortgage bonds
Bushwick Av. (B'klyn)-Stock.
Central Pk N. 4 K. niv.— Ktook
Consolidated mort. bonds
Christopher* i'enth St.— Stock
Bonds
Dry Dock E.n.4 Batl'ry— Stock
1st mortgage, consolidated
Eighth Aveuue— Slock
Ist mortgage
48d St. & (Jrand St. Kerry-St'k
.
,
.
.
100
800,000
894,000
100 2,100,000
1,000
1,000 1,500,000
10 2,000,000
1,000
300,000
100
200,000
100
400,000
1,000
aofi.ooo
100
500,(X)0
100 1,800,000
1,000
1,200,000
100
6o0,0(!0
1,000
100
1.4
I.
'100,000
100
1,000,000
l.OOO
100
M.&N.
O-i
y.-J.
J.* J
J.& J.
Q-J.
J.*D.
F.4
4
A
J.
Q-F.
J.4D.
Q-J.
'203,000 J.
748,000
J.
J.
Q— F.
2.')0,000 J.
1,'.!00.000
500&C
4
Q-J.
J.4D.
4 J.
M.&N.
lBtmortga;;e
1.000
238,000 A.40.
Central Cross Town-Stock ....
100
800,000
Ist mortgitgp
1,000
200,OO.J ii'.XN.
Houat.\Ve»t St.i I'av.F'y— Sl^'k
100
2.50,000
1st raoftpnge
500
5<»,000 JV/i'.i'.
""
Second Avenue— .Stock
100 l,199,.'H)0 J.4J.
8d mortgage
1,000
11)0,000 A.4 0.
Consol. convertible
1.000 1,050,000 .«.4N.
Extension.
too&c
200,000 M.&S.
Sixth Ai-onue— stock ...!.'!!!'.!
100
750,000 M.4S.
Ist mortgage
1,000
500,000 /.ft J.
Third Avenue— Stock ..'.
100 2,000,000 Q-F.
.'.','.'
iBtmcrlguge
1,000 V, 000,000 J. 4 J.
Twenty-thhM -it leet— Stock. ..
100
600,fl<)fl F.*A.
^Ist mortgaiie
l.OOO
260.000
Thij co.u
ott
BLOWS
last dividend
on
sfocfa.
M.* N.
M
*
I
I
1"2
'.-2
170
;as2 ,150
lb88
102
Jan., '3! (20
Jan., '^2 13S
Dec.iaoa 118
i
Feb., 'Si 95
1898
100
Feb., '82 230
Tune, "9:^1 115
Jan., ',82 2C0
1
116
156
lOH
215
110
180
170
105
12S
145
IVO
loa
no
pref
do
new pref
do
Delaware & Bound Brook....
East Pennsylvania
Elmira 4 WUUamaport
do
pref..
do
Har. P. Mt. Joy 4 Lanca.'^ter
Huntingdon 4 Broad Tup...
do pref.
do
Lehigh Valley
16
54
64)4
1'25
13j
55
40
80
no
.lai..
151
Apr
28><
61-
Neaquehonlng Valley
Norristown
Sorfo k 4 Western, pref....
d'>
com...
do
North Pennsylvania
.10
Bait.
8ept..'».i|i45
186,4
Oct., '81 S80
•luly, 'oollio
Fc
'82 '.iOO
luly, '90,1 9
IFeb ,'S2 15,)
lulnv. 'M,i 110
do
'<I70
llj
10
do
iVa
155
115
but the date of maturity 6on<t,.
t3.. oup, '58 xoo
ts.c^
108
.
6». 'sa
In default.
t
new
5.",
121« 122X
4
l37
100 195
Ohio...
200
50
Central Ohio, common
CouncllsvlUc.
Plttsbu
g4
3.VI1.K0AD BONDS.
109
4 Ohio 68, 1885,A.40.
N. W. Va. 3d m..gn8r.,'85,J&J
PIttab.* Conneir8v.78,'98,JtJ 121I.S
Northern Central 68, '85, J4J lOSJu ll8Mi
Mar.
I
'
...
(103
I....
.131^ 114
Cam.4Atl.lBtm.7s.g.,i?9S'ii8
do 2'l m. c.nr.78. 1K71*..']05
'
19.6,
IMJs
68, 1900,A.*O
do
do 08, gld,1900, J.&J.
6>4 Cen. Ohio 6s, lstm.,'90,M.4 S. 109!^
13
W. Md. 68, 1st m., er.,'90,J.4J
do 1st m.,l890, J.4 J...
do 2dm.,guar., J.4 J... 120
121
do 2d in., pref
103H
do 2din.,gr. by W.CO.J4J 110
133
do 6s. 3d in.. Kuar., J.4 J.
120
1st m., 68,130.!. 120
2d m. 68. '8.).. '08
Sdm. 68, '37.. 103
mort.
Q—
68,exempt,'jS,M.4S. 122
128
J
lli:9
68.1902, J.4 J
ui
Camden «Ami.c.
I.
M.4S
6b, 1900,
Bait.
7a.E.ext.,1910h|o
'94
54
rto
68,park,1890,Q.— M,
68, 1$»3,
I2S
127
ro
ist pref
120
do
2d pref.
Wash. Branch. 100
do
ParkersU'gBr. .51) "><U
do
50
Northern Central
50 liH
VCcBtern Maryland
Inc. 78, end..
BelvldereUela.
K
BAILRO.VD STOCKS. Par.
.
do
pref..
KA.Uj;OAD B0WD8.
Allegheny Val.. 7 3-108,1396.
do
Nov,, 'c8 108
13
6b, 1S8I. quarterly. 106B,;8S6,,1.4 J
6s, 1890, quarterly... U6M
[Norfolk water, Ba
I'ennsylvania
4 Erie
PailMielphia 4 Read.ng,
Philadelphia 4 Trenton
Phlla.Wllmlng.ft Baltimore
Pittsb. Cin. & St. Loa'B, com.
at. Paul 4 DumtnK.K.Com
do pref
do
United N.J. CompftQiee
West Chester consol. pref..
,
120
BAL.TIITIORK.
do
do
do
do
do
do
do
do
Peansylvanla..
July,
no
Maryland 68, defense, J.4 J... 103M
68, exempt, 1887
do
do
68, 1890, ouarterly.,
5s. quarterly
do
10 J
Baltimore
Scboylklll Navigation
sov.iuw
107
I
]'.'.'.'.
,
CatawlBBa
CANAL STOCKS.
Lehigh Navigation
Nov., "81
Apr., '83
'
89
4 Del.. l8tm.,6«
i05J<
Lehigh Navlga. ra.,Bs, reK.,'S4
do mort. RB., rg ,'9"
13H
do cons. m. 7b, rg., 191 118K
Morris, boat loan, reg., 1885.
PennBvlvanla es.co'.ip 1910..
108
Schuylk. Nav.lst m.68.rg.,'97.
93
ad m. 68. reg., 1907 91
do
pref.
Phllaiiclplila
'97.
Ches.
5
pref
do
m. 78,
6s P.B.,'96. 108
do
CANAI. BONDS.
WestJersev
Weit Jersey* Atlantic
'8
Jan..
100
Atlantic
ao
si
West Chester cons. 78, '91. ..
West Jersey 6e, deb., coup., '83 118
118
do
let m. 6b, cp.,'96.
I12}i
do
IBt m. 7b, '99
do
cons. 68, 1909 ....
W. Jeriey4 Atl.lstm.Ss, cp
Western Penn. KR. 68,cp.'!H.
.
do
Camden 4
I
Texas 4 I'ac. Ist m.,58,g..l905 108
do
R Grande D:v.. 97
cons. m.,6B,g.,1905
do
Inc.4I.gr., 78 1915
do
Union 4 Tltusv. Ist m. 7b, '90. 100
United.H.J. cons.m.68,'j4.
Warren & F. let m. 7s, '96....
Phll»delpuia,5s reg.
do 68,n.,rg.,priorto'9P
do 48, various
BAILKOAD BTOOKS.J
Allegheny Valley^
Buffalo Pitts 4 Western
124
120
do
do
78. reg., 19111)1 ••
n'ch.4 Danv.con>.lnt.83,l!)16l,--;
Shamokin V.4 PottBV.7B, 1901 ',',1?
Sunb. Haz. 4 W..lst m„5s.'2'*.
do
2dm.63, .9H..
'^yra.Gen.4 corn'j,l6r,<s,19li5
Little Schuylkill
Siinehlll
Jan., '^2 24
7
J'ly,li%.'lii3
2Js'Jan., •••2' ISO
7 Mnne '841104
SJijFeb., '1-2 203
Jan..
68,15-25, reg.,lS8i-'92
4s,rcg., 1884-1901
4B.reg., .9 S
3K',ie .,1912
61
Wllm. 4
Sunbury 4 Erie
4 Lynn
Ve;inont 4 Massacnusetts.
68,111-15, reB.,l?77.'8a,
93
!00
;
OgdenBb.4 L.Champlaln ...
pref..
do
do
do
do
do
<25\i
B»lt. 68, '84.
Pllts.CIn.4St. L. 78,con..lS0C 120
STATE AND CITT BONDS.
Fenna. 5s, g'd, lnt.,reg. or cp
do -58, reg., issa-isa?
do 58,new,reg.,lS9a-i90i
Date.
Por. Amount. Period
i)5
US
do d-b. coup., 1>9S*...,
CO do oup. off, 1893,
do Dcrip, 188fi ...
00 conv. 7s, R. C, 1893'
do
78, coup, off, *93
Phlla.
FHILASBIiPH I A.
1
i2SH
Pa.4N.T.C.4 KR. 78,1896....
do
1901) .... 124
Fennsylv.,gen. m. 68, cp.. 1910 Visa
Phll.&It.Coal&lr'n dcb.Js.C'i*
do
deb. 7b. cps.oft
do mort., 78, ia9i;'3
61
Northern of N. Hampsliiri-...
Norwich* Worcester
AViscon in Central
pref
00
and Bondn.
'89
do
'.id m.78,cp., '96.
do gen. m. 78, cp., 1903.
do gen. m. 78, reg., ISC';
105
do new loan 68, reg..
do lmp.m.,6<,g„ C, ISW
do gen. m. 6), g., C.U03
do In. m..78,coop.,1896, 95
prei
do
Fort Scott& Gulf, prcf
common
do
Iowa Fslls 4 Sioux Cliy....
Llti.e Itock* Forttmltb ...
Manchester & Lawrence....
.Mar.Hongh. 4 Out
Worcester* Nastiua
GsLH
123
do cons. m..7s,cp., 1911' ;,„
do cons.m.0i,g.IKiJi9H '"
Fllat4Pera Marq
Beach
122
Little Schuylkill, 1st m.7s,'t2
N. O.Pac, litm.. 6s, 1920 ..
North. Penn. 1st m.68, cp.,'85. 103
PUll.Wilm.41ia t.,4s,Tr.ceri»
Phlla. 4 Erie Sd m. 78,cp.,'98 114
do
cons. mort. 68.1920
po
5s,:920
do
Phlla. iVewt'n 4N.Y.. Istm.
l:'hll.4 K. iBt m.6a,ei.due 19iUi 117
do
do
1910
do
2dm.,78,cp..93. i07
23,M
Eastern (Mass.)
Eastern (New Hampshire)..
Fitohbnrg
i-ievere
78, reg., 1910.. 134
,
Connctton Valley
Ho)gh.4
m.
con.m., 6s,rg.,1943
do
6s,tp.,19a
do
gen. m. 6s, rg., 1910. 123h
do
cons.m.es, rg., 1905. 117S^
do
cone. m. 68. cp., 1905, 116H 120
do
do
106)i
5!
107
105
Penn. Co 6s. reg
K0<4
98
do
do
4)48
lie
do
CO :p., 1920
i06
lB8>i
Perkl^men Ist ni.6s,coup.,'Si
1035s
58
88.
Concord
Mar.
2il
Norf 'kAWe-t.,gen. m.,68.r31 102>« io2«
102
Oil Creek lat m. 78, coup.,'8J.
94
Plttsb. Tltusv. 4 B., 78, cp.,'96
do
Scrip
3T0CK6.
Atchison & Topeka
Boston 4 Albany
Boston 4 Lowell
Boston4 Maine.
Boston 4 Providence
Cheshirepref erred
Chic. 4 W. Michigan
Cin. Sandusky 4 Oiev
75
70
105
104i«
Inc
mort
Vermont « Mass. KB.. 6s
Vermont & Canada, new
67
60
140
do
do
do
55
I'
ilntland 68,1st
'89
88
.
Cb.6
Co
Old Colony, 76
Old Colony, 6a.
Pueblo & Ark. Valley,
T. 1st
Junction 1st mort. 6s, '82. ..
do
2d mort. 68, 1900
Lehigh Valley, l8t,68,cp.. 1398 182«
do
do reg., 1893...
123M!
106%
..
lo'SM!
m. 7s. gold, '90.
cons. m. 5s, 1895....
Ithaca4 Attaenslst g d. Is., 'SO
UOM in
75
'83...
to
U6)i
So. Pac.
110
100
H.4B.
do
100
125«
East Penu. I8t mort. 7e, "88
Ei.4 W'msport, 1st m.,7s,'S0. 115
do
5B,perp
EaEtau 4 Araboy, 59
Harrlsburg 18tmor*.6e,
. •
Ft. Smith, 78,ls(
Mexican Central, Is
Conn.&
100
60
65
136
1"0
i45
155
Cliartiers Val., Istm.73.C.,l90;
Delaware mort.. 6s vario us,
Del.
Bound Br., Ist, 78, 1900
.
*
Connecticut Klver
185
110
Williamsburg City.
SO
110
103>^
.
Lawrence & So. 4s...
115
Kan. Oily, St. Jo.& C. B. -.8
ijgiiensburg
Bid. AaJt.
.,(onB.,6p. c
4
K. Cltv
New Mexico 4
& At
.
..
Ex
iiebr.63
do
103
Nebr. 6s
do
80
Nebr. 4b
do
Chicago Burl. 4 Quincy49... 835<
laUi.
i.i n. 4 Fa-isumpsicTh,
Connctt m Val.ey. "3 .. ...
laslorn, Mass., 4;<i8, new. ...
Fltchborg KB., 6s
78
do
110
Fort Scott 4 Gnlf la
61>«
Hartford & Erie 7s
Little K'k
—
4 Burlington Co. 68,'tfl.
Catawissa Ist, IB, conv., 'S2,
do
chat, m., 108, '88 ..
CO
uew7e 1900
110J4
Connecting 88, 190O-I904
i!5
6s
& Loweins
6s
i-.
Lioston 4 Providence 7s
InrL 4 Mo., land grant 78,
125
'120
25
25
25
114
75
do
lU
7b
6s
118
160
liO
20
50
50
50
100
25
80
100
'Westchester
150
215
60
Albany
<B
117
118
15S
110
ISO
100
Stuyvesant
Tradesmen's
United States
40
50
100
100
United States
Hit
IM
irft
100
50
25
25
.
11.1
240
2J0
i«,)
100
laciflc
Yorit..
Union
.
l.T,!
H7
105
115
1^5
35
100
New York Fire
New York & Boston.
New York City
183
100
Third
Tradesmen's
....
A Traders'
Mechanics' (B'klyn).
Mercantile
Merchants'
Montauk (Brooklyn)
Nassau (Brooklyn)..
National
New York Equitable
.\lech.
100
100
Second
Shoe and Leather.
& Bui
Manufac'rs'
.50
100
Tr'd'rs
Jefferson
100
Oriental*
Paciac*
&
K'.'i
Hd
60
17
10
100
100
50
60
25
100
15
50
50
Cilobe
2'iO
1H(>
!.50
iv(l
40
Trust
mo
140
80
Pari!
Republic
St. Nicholas
Seventh Ward
17
20
70
100
30
50
100
l!):l
KHrragnt
Firemeu's
100
TO
30
25
50
Phenix
Produce*
doetan
25
25
100
Ninth
North America*
North Kiver*
2!!ll
175
100
100
100
100
New
New
200
25
Empire City
Exchange
I'lio
Nassau*
no
Eagle
Morris*
Murray
100
25
:io8ton
123
l^nDtinental
f.O
Mechanics*
Mechanics' Assnc'n.
Mechanics' & Tr'drs'
Mercantile
Merchants'
Merchants' Exch'xe
Metropolis*
Metropolitan
West
van
!.0
Manhattan*
Marine
Market
Paclfl
income
o
Boston 4 Maine 78
l.W
151
Irving
lalanaCity*
Ijeather Manut'trs'.
&
Atlantic
145
lOi
H5
V30
V2)
Ki
Oallatin
Germania*
Greenwich*
50
American
American Kiciiange
Bowery
Broadway
ilSl
30
50
German American*.
German Exchange*.
Mount
Cam.
Cam.
3s..
.
100
Kichange...
Bid. Ask.
XXXIV
SKCITBmBS.
land Inc.
.lo
.. .
Boston, Philadelphia and Baltimore.
ucli.4 Tcpokalstm.79.....
land grant 7b
do
America*
Fifth
Fifth
Flrat
m
BOSTON.
Par.
COMPANIES.
itarked thus (•) are
not Natioiuu.
Butctaera'
fVoL.
SKOUBI'nKS.
[Quotations by E. S. Bailev, Broker,
No. 7 Pine Street.]
8tock lAnt,
COMPANIBS.
Bowery
Broadwar
.
, ..
Per shore.
I
'
.
4
Ctn.
J8, '92,
F.
4A
.
.
2d, M.4N
do
S>,3d,J. 4J
do
Union HK. l»l. guar., J. 4 J.
p on endorsed
do
I
I
:
Consolidated Gas
Do
bonds
11»
113
111
1
m
lis
125
ICSX
58Wi
1
. .. .
FtonnART
:
.
.
.,.
Bnilroad Earnings.—The latest railroad earningH and the
from January 1 to latest date are given below. The
statement Inolades the k^oss earning.i of all railroads from
which returns nan be obtained. The oolamns under the beading "January 1 to lateit date" furnUh the gros.s earnings from
January 1 to, and inoludiog, the period mentioned in the
second column:
1831.
Week or ilo. 18S2.
958,508
AIa.Gt. aonthern .Innimrv... $00,575
3S,ai3
60.516
Biir.C'.KiiP.ANo.. 2il wk Feb.
8.305
10.052
Cairo A Ht. I,<iii1b .iHlwk Fob
8,743
14.317
Ccul.Br.Uii. Piio. 2il wk Krb.
Central I'luiillo... .latmary. .. I .876.000 1.002,907
102.540
210.4.^5
Cliea. &01iln.... •Jaimarv. ..
r-Jan. 1 to latett <tnl«-~
18H2
*60,575
375.879
40,756
1,876!(V00
2UI.4.V,
1831
*58.508
222.029
43,089
l.<iV)2'.9b'7
I
Hi;.
540
732.078
116.531
217.(135
32,7!I8
29,271
183,908
Feb.
CSilo.<& Kiwt. III.
185,939
147,789
23.965
37.353
Caio.AO.Trk.Wk.^pnd.Fob. 1
Ohio. Mil. <!k8C y 3(1 wk Fob. .'!4'J.0O0 206.035 2.499,000 1,530,949
205,701 2,371.455 1,073,468
Ohio. 4i Nurtliw. .2il wk Feb. 373,719
272,600
310.220
Chlo.8t.L.<feN.O January... 272.600 340,220
542,351
376.729
78.43,'i
39.648
Chl.St.P.MIn&O. .3(1 wk l-'eb.
208,376
192,660
Cln. Hum. & I>ay .Jaimary... 208,376* 192,660
-- - 301.296
268,681
51.791
42.878
Oln.Iud.i^t. I..&t; .2(1 wk Feb.
95.331
69,109
Clucliin:itl 8011II1..l5il.VflF(!b.
40,491
38.780
8.469
6,261
Clev.Akroii A-t'ol. Istwk l''ob
299.227
2T8.872
42.,545
39.015
Col.Hi.ck.V.<tT.. 2(i wk Feb.
792.541
530.987
72.108
Denver <!t Rio Ur 3(1 wk Fob. 101.216
39.792
29.503
6.969
4,536
De8U...Vl''t.I>iHU'C iHtwk Fob
108.207
77,8S2
24.600
39,447
l>et. Lans. .& No .4tli wk Jau
146,995
12,0S6
98,337
29,336
Dabuciiic&S.Clty .2(1 wk Feb.
221,000
198,383
January... 221,000 198,583
Eastern
167.642
177,580
EaBtXenn.V. AG .3 wk«.li>n. 167.642 177,580
166.037
133,379
10,119
FUntAPei-eMar .4tli wk Jau 52.273
547,574
.534.762
90.727
93,526
OrtWesteni.Wk, endFo'i. 10
30,719
216,013
215.839
41.166
HannlbnlASt. Jo. 2(1 wk Feb.
18.286
9.0-13
18.286
9,043
HouBt.K.A\V.Tcx January...
580.730
511,453
liUnolsCen. (III.). January... 580,730 511.453
147.443
1
147.443
119,828
19,928
January...
Iowa)
Do
{
296,400
46.467
36,579
262,788
•Iu(UaiiaBI.<s\V 2(1 wk Feb.
53.300
53.032
Int.* (it. North. 2il wk Feb.
66.169
87,307
87.307
January...
Iowa Coutial.
87.819
27.516
24.402
77,320
K.C. Ft.3.&Ciult. 3(1 wk Jan.
26.821
18.222
1 86,693
142,261
Lake £rle& West •2(1 wk Feb.
136..il4
28,717
177,275
29,833
2rt wk Feb.
Long IbIuiuI
174,300 1,434,029 1,190,860
liOUUiv. ck Noshv. 2(1 wk Fob. 213,832
54,136
72.511
72.311
54,136
Loulav.N.A.ACh. JanuaiT...
158,590
28.134
27,937
16T,.172
Meni!'. & Clmrl . 2(1 wk Fob.
».B47
15,934
1.243
18.8ii7
Men-.p. Paa. & No. 41U wk Jau
114.533
15.010
8.294
59,659
Mil. I.. 8li.it Weiit 3(1 wk Feb.
3U,09l
13,384
107,997
67.4«5
Miun A tit. Louis 2(1 wk Fob.
92.916
74.746
Mo. Kaiis. A Till. 2(1 wk Feb.
72.844
Missouri I'.iclBo 2(1 wk Feb. 113.914
161,433
224.316
Mobile A Oiiio.... J.iniiary... 101.433 224.316
156,994
178,143
NasUv.cni.ASt.I. .January... 150.994 178.143
49,038
267.911
233.7:i7
N.Y.&N. EnvVa. !st wk Fi;b 52,287
133.817
164.917
Norfolk AWi'St... January... 1,53.8-17 161.917
19,700
387.600
155,908
Northom Paclllo 2(1 wk Feb. 73,500
16.409
9.229
107,263
Istwk Feb
51.537
Obio C'culral
6.6a0
4;i,391
2(1 wk Feb,
OhlcSoiitUini
392.500 134.581
392.500
134.581
Orei?'ii K.Nav.Oo. .lauuary.
8.812
13.840
38.667
Pail, it Kllzaliotbt 1th wk Jaa
12,102
13.896
100,211
7,071
Peoria lJ«o. cfe Ev. 2(1 wk Fob.
58,317
],.303,075
Ptalla. di lii>.a<!lii!( Jaimary... 1.503.075
22.132
23.110
147.397
it.l-.Alt.&T.H. .. 2(t wk Feb.
155,457
16!770
(l>rc'h3). 2d wk Feb.
15.338
96.310
Do
102,917
Iron Ml. A 8 2d wk Feb, 133.895 140.197
at.
383;6'31
62.680
31.899
20h'.290
St. L. A San Frau .2(1 wk Feb.
85,700
8t.P.Mlnn.jD.\Iau 3(1 wk Feb.
33.900
711.644
376.001
8.712
5,232
.2d wk Feb.
31 ,133
Scioto Valley
31.198
Boutb (Tarulina. .. J.-iunary... 117,211 106,113
117.211
106,113
01,989
78.771
Texas APaolbc. 2(1 wk Feb.
17.703
5,801
112,832
63.(Y8i
Tol. Delp. & Burl 2(1 wk Feb.
Union I'acllio ... 1 5 dys Feb. 937,963 766,305 2.919,051 2,106.001
Wab. St. L. A Pac 2d WK Feb. 334,935 177,625 1.897,529 1,214,528
Alton
2.1
2(1
wk
wk
117.406
(•'lb.
8.''i8,684
•
.
.
.
U
.
1981.
(&
1830.
Norw.Deeombcr.
$15,190
51.315
16.152
November.
Deceiuber.
37.006
<
(
Hnnst. & Texas C )ece iiiber.
liOaisa. diMo. K.. November.
f Oetober...
188,216
163.837
November.
171,.54l
1-56.310
lOceciuber.
Derby. Last 3 mos
150,871
13,320
113,153
35,061
. I
Maine Central.
N. Hav.
&
.
<
U.
S.
th<?
MeoluLnloa*
3,74i),998
116,705
433.681
& S^riagUeld.
Sal<ince>.
Paymenlt.
^
1.376.623 90
931.698 58
1.278.729 76
21..
22..
23..
24..
"
"
'•
729,912 71
661,625 37
738,075 33
....Ilcliday
Otin-eacy.
Tradesmen'f
Fnlton
Chemloal
Meroh'ntfl' Rxoh.
Qallatin Nation 'I
Butohen'aOrov.
Hoahanl<»' a Tr
Qroenwich
Leathor ManTr*
Seventh Ward,
etateof N. Vork,
aiiierl(3an UUoli
Oommeroe
BroadKrar
M«r(»ntilo
Paolao
Kepubllc
1.117.061 63
RclclKnarks. 4 74
XGnlUleri
3 90
Bpau'hDo('.!ilooas.l5
Mex.
I)out)loi)u:)..15
..
1
Ptnonilvor oars
Fino
;;ol(l
IMu;?'<
.fc
bar«.
.
.
i« (llmo!i.
New York
—
*
4 78
-»
3 97
6> »15 90
53 H5 63
ll'sW 1 ll's
'4
4 >s prem.
99 "a a
u. a.
'
1.100
•>I.MIO
i48.eu(j
I.4MI.:?5S
,
i,ttIT,»00
1.979,000
ewt.ooo
8.406 JOp
1(12,200
U(M,200
8,82S.>00
I41.8OC
74.900
I78JI0U
002.000
.1.041.000
VtA.tO0
.8,M«,flOC
2.218.1100
l}.88S.&eO
e.022,400
0.418.700
2,43»,200
IrvlnK
Metropolitan
8.000,00(1
Citizens'
800.000
1.000,000
1.400,8011
ee.700
2,SSt.Q0C
8.807,800
108.1100
1.000.800
231, '.00
8.3O4,00(;
808.000
288.900
107.800
14.013.000
2.I70.80C
2.9I2.00C
2,«31,8CG
?.: 20,100
3,0«7.00e
4.407.70C
0.744.400
2,078,800
3,288.000
80.312.000
i7.sao.soo
1,1(11300
1.010,700
1.183,400
BOO.OOO,
Nicholas
800,000
500,000
1,000.000
OontinontHl
1,000,000
Oriental
800,000
Marine
400.000
1
Importers* St Tr..' 1,500.000
Park
0,000.000
Moch. ilkfr. Ass'n
800,000
North itlver. ...
»40,000
Kaat itiver
280,000
Fourth National. 8.S00.0O0
Cen:ral Nat
2,000.000
300,000
Second Nation'l.
I
l,4W.800
1.108.000
81.000
48.000
83a.»l)6
ii».7ao
101.100
131.000
182.000
"
4.001.400
0.t«1.400
8.088.900
M9.M0
V.dSlMO
I.IK.bdO
8.Mf<.400
1.840.100
8.B0e.9«0
8.287.700
48,000
8,400
i«i,'2ao
1.104.600
1,417,800
21.806UMC
48,000
418.2U0
147,000
884,900
810.000
I.OOO.-IOO
750,00(1
500,000
I5,01M100
4'il.SOO
5,683,800
1.477.100
1.782.700
1,670,200
441.200
99,800
181,000
2,a'S7,200
64,2i0
lr6,8%
8 872 SIK
181,200
8.C87.S
i,<ui.aoo
1,887,100
4,c 18.200
(lermiinia
U.S. Nat
The
The following
8,053..'S0('
1.083.ftao
l,44B,80i,
•
«745,800
3,750,800
I>ec.
41S>.60C
Specie,
28. . .S23.»6«,500
4..,.:«8.t52,()U0
1 1.... iwj.g 13.500
18.
.
68.il.'>5.«00
.
8«,61«,»)0
tia.aja.MO
89,179,0*)
.
.3i-l,85rf,330
Ijyans,
'•
6..
13..
20..
8X0.000
891,1C0
480,000
809.000
288.000
180,000
UO.OOO
week are as follows
Dao.
Ino.
Cirooiatlon
11,764,200
34.900
I
series of
a,
weeks past
IS.m.S'K)
Depotttt. Oircai/itton. An- Cttat
*
«•
t
811.996,101 80.OTI.fOO 9:'5.SI9.567
al«,lOU,400 20.0K),'(O1 997.312.340
Slu.a-J).*™ •iU.Oj'.l;>n) 1053,121,113
310.651,300 IM.all.lO) 77).;)7J,!«8
18.065,000
»)5.8«.10J
L. TeniUn.
»
18,909,9;0
lM,ri3,800
18.S13.40a
886.972.800
111.975.000
—The
following are the totaU of the Boston
of weeks past
Specie.
L. Tenden. ZVposits.* Cfreulation. X«g. CUa'
«
«
t
1832.
"
187.000
85.000
Not deposits
I
are the totals for
Boston Banks.
banks for a series
Feb.
•
4,42«.«00
18S2
*
Jan. 2I....S31.07I.'WO e'>,7«4,100
••
U8.S00
1.310.900
Inc.
Dec.
Loans,
«
"
4K9.8aC>
deviations from returns of previous
and disooants
gpecle
tteirai tenders
Feb.
310.000
890.100
1.262.000
81,182.700 3J8.639.3rJ 49.479.000 18.03J.0»b 305AS7.100 18.978.000
Total
Ijoans
1.281.00(1
45.blid
1.012.800
1.080,700
70,20(<
17B.10C
180.400
708.400
First National,.
Oerm'nAmeric'n
Chase National..
Fifth Avenne...
German Bxch. ,.
480.(00
448.600
480.000
4.600
763,800
3,3:8.000
6.062.300
1.978.200
4.048,040
22,88l.8eu
lOtAOO
17.Ttt9.eOC
1,000,000
800.000
250,000
800.000
730.000
800.000
100.000
200,000
200,000
800.000
«.8eOM0
S.n>'»,800
Ninth National..
,.
790.300
487.000
8ji04.30<.
17.277.800
8.: 08.000
4,018,000
6.483,600
16,442.600
5.943,800
1.180.800
1.621.000
1.841.600
2.498.200
N, Y. Nat, Kxch.,
Bowery National
N. York County.,
799,400
10.748,000
2.87 1. TOO
2.806.700
8.888.000
1.678.90C
8,398.000
8.889.000
n.3'3,10C
Third National
4it9.ll00
MW.800
,8,284.600
lO-.l 19.040
JOO
IM.OtO
i(>6,aoo
Shoe A Leather..
Corn Kxchanse..
781.700
709.800
24-.ino
174.000
9,600
KJW.OOV
8(11
8.886.000
Nassau
Market
79'l.doi
1.817 JlOO
818.200
209.100
08.000
120.000
6.»n.noc
Hanover
807,M0
41W.W0
400,000
200.000
500,000
1,000,000
BOO.OOO
People's
frflf/
'
a..—
sSliSS
0.H»i.990
2.804.100
.i.oii.aoo
1|,0>7,20C
4, 233 ,800
4,421.100
l.iiOO.OOfl
North Amerloa.
I.
ii,vm,<iou
801.100
107.100
810.900
Cbathara
IJ liM.
il.SIB.«0O
132.203,9.10
1S:!.2 10.300
7.313.200
152,083.500
6,501,030
7.«
1.000
4,677.300
4.373.800
4.188,400
9SJ»1.6a0
31,»>7,500
U''.409,400
3I.35.(.500
63.097.72t
68.819.431
9t,:59,800
31,287.400
69,S37.6<I»
InclttdioK the Item " due to other banks."
Philadelphia Banks. —The
totals of the Philadelphia
L. Teniten.
t
19,M7.155
21.300.770
20.711,149
(
76,808,917
dollars,.
Do uncoinioerc'l.
Enftli.sh silver
Feb? 6
••IS
78.809,2m
20
77,50J.SOJ
"
Do bands
Grand Rapids & Inrt
Hud.Kiv. Ontraut Co
—
'<»
par
City B.ink9.—The following statement shows the
condition of the A8.s(»ciated Banks of New York City for the
week ending at the commencement of bQaine.ss on Feb. 13.
DepotUt.
*
70.«0.214
banks
71.811JiJ>
71,957.712
An,
Oireulatlon,
Ctear
•
>
11,070.8S9
S7.093.23S
47.788.911
82.688.181
10.988.«W
10,978.911
Unlisteil Stocks and Bonds.—The following are the prices
of securities that are not " listed " at the Stock Exchange as
quoted at 38 New Street:
Bid. Asked.
BUI. .UkM.
30
30
S. Y. CU. it. St. L. snl«. •20
i5<3
.\m. Cab'.o Constr. Co
prof
..
29
D.i
110
26>a
.\m. Rallwuv Imp. Co.
2-4
cam.. 12''ii
Do
13>a
2 '8
Bost. H. & E.. ne w st'lt
81
138
Do 1 St. ex J'e.'82,cp
old
1%
DO
JJ. J. 8 )uthem
1^
Brusb llinrain'i? Co
26"
*
w.Y.
0(mi.
st'clc
918
13
8.&
W.
...
Buff.V.Y.&l'hi;a.sub4.
Ooean Nav. ic Pier Co
(;iu .fc iecrr'a st')S
78" (>re>r(m Imp. CJo.lst ex 86 "a 87"
C^ntineoial Constr.Co. 71
13
4.631,602 91
'4V483,63.5
89 » — 90
— 87 ® — 88
4 -(O
4 75
Priis, »ilv. tlialor-j. — 68
» — 70
U. 8. irado dollara— Og^a — 99^
U. 8. sUverdollars — Wg<t par
Mexican
•8U.iOC
Den.d: R.C}. unl'dcous. ....
Dnnv. <fc X. Orlcius
Kdi.son p:iectrio L. Co. 3.15
..
Coins.—The following are quotations in gold for various coin.<!
Silver Us and >.j3. — 99%3 par.
Boverplgn*
*1 81 »$1 87
— 93 a — 95
Five francs
Nanol'.jon»
3 81 » 3 87
XX
7.iir«oo
Central Riiilway Con
.(Ipvrfn CO..D. L.w.( 15
Dfcr. ,Wt G..W. Buh.ox. 79
19
Do Htock
80
4,593.527 26
1.513,109 63
4.236.268 15
6.170,018 98
jll.MO
4,;iM.5(W
N,KIS,7aO
a.onn.onn
1,000,000
1,000,000
1,000.000
000,000
300,000
1.000,000
1,000,000
800,000
200,000
800,000
000.000
800.000
800,000
8,000,000
B,000,000
1,000.000
1,000,000
482.700
Oltr
7.M 1.100
4,69.).971
$
82.099.001 82
82.271,522 .57
82,842,591 63
992,361 29 "83!67d,uio 93
891.283 73 83,i27,lH 02
V.iiii.boa 1 i
Total
Coin.
9
»
Feb. 19..
"
20..
11,000,000
i,'iOo.n«o
Union
Amerloa
1882.
3,718.635
—
BeeelpU.
OtrcuBT
othrr
Uu»
4*2.000
«,4)2.($0
11,010,000
Loaru.
The folliwiag table shows the receipts
»t tlie Sab-Trt-a^ury ii. this city, as well as the
s^me, tfv r*cli aay of th'f past weeit:
Sub-Treasury.
balances in
1330.
„
~
jtnSri
are as follows:
"47,052
'42.0li
Including Indianapolis Decatur
and payments
a.ooo.oon
a.noo.ooo
9,ann.noo
Co..,
MerchttntH
to ihtle.
$15,981
45,941
40.232
31,923
(October...
Ear.(b No. Amer,
-Jan. 1
1S81.
**"*
*
N«w Tork
Manhullan
St.
.,
mmatuu or
Av0irm«e
.
Danbury
:
211
OapUal. Loan*
nnd
SUcoitnU.
amikj.
Pli(«nlx
^ -Lauil earmngt reporlat.-^
'%
:
.
TBE CHUONICLK
33, 1889.1
totalH
GUcoKn
:
Do
100
166^
luternat. tin;-. Co. e.xint«re»t
44
[roil 8teaml>uat atoek
Do Istranrt. bdg 81
6
Ind. Dec. & Sp. com ...
Do n.l«..6«,(und.l02
& Neb.
Ist mort.
75
20
Do
2d mort ...
Mid.RR. of N.J. at 00k. 18
10
Do
A Imnds
Do
B
b(nid3....
.Mex.Nat. Ixmds
Do
13
86
7
nii"
M
25
15
9
.50
Do
67
etook.. 16
Tel. bds.
& ao.-vntoa C<>u»
NorUi River OonsC. Co.IOO>s
D.'
Do
Do
Do
Do
.
St. Jo. .t Wej»t. stock
PaeiUc
.M
St. Jo.
.
£
UC
3d
M
Tox.8t.I..RR.»b..30
pd
Do
Texas
Col.
U. B. Electric
Jc
•Premium.
3W
83>fl
8»
1
8
ii
Ii
1
10<8
4
3
1^0
2}
89
'
Imp
83
si"
Ugbl O.
Do iDOome bonds
101
....
1st ni.iit...
2d M. stamp
2d .V. clean
Incomea
62
lOU
6'j
extcn. stuck
Vlokab. Mefn oom.st'k
Va. Midland stock....
sto(>k
Mutual Uu'n
N. Y.
6>a
Rlc.& A1..& O.Cen.«ul».
86
50 per cc:>t paid
RIcU.A D.iu.Ter.r'r«,o,
EocIi.A Pitt-s.RH.suba.
Selnia Roino & D.stnck
.
Kan.
stock
21
Ureg. .Short Line sub.s. 99
Orc!C.Tran»-('on.pt. pd
f7
21
Pens. ic .\tlaotic atuck 23
bd4..x
Do
72 »s
Pitts. & Western
98
4
02
103
....
60
84
:
.
THJb
1i28
CHROMCLE.
%\tmstmtnts
SI VTE, CIT» AN1>
CORPORATION FINANCES.
of tht
The INVB3T0E3' SoppLBMBST contains a complete exhiHt Bonds
Slocks and
'Funded Debt of States and Cities and of thi
It is pu'ihshed on. tie last
.0t HaUroids and other Comoanies.
April, June,
Baturday of every other month— nz., February.
AuQUst October and Deconber, and is famished wU/iout extra
Single copies
tAor^i to a'l regular subscribers of the Chroniclb.
.
.«r«
iM at f2
per copy.
ANNUAL REPORTS.
[Vol.
XXXIV-
at once issued |2,300,000 of six per cent, bonds, which are a
lien upon the C. & I. Division, and $2,!:0{',000 of stock, under the
construction contract, which was made prior to the consolidaThe price to be paid t-e contractor for a fidshed road
tion.
between the points named was |l,85'i,000 bonds and $1,5,50,090
of the eon.solidated stock. The balance of the issue of bonds has
been used in the purchase of motive power, rolling 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 f reifjht houses, 30 by
195 feet each the balance of the stock, $450^000, was divided
among the holders of the old stock, so as to equalize the values
of the two properties. Ninety miles of the Chicago & Indianapolis Division, from Delphi to Maynard Junction, five miles
;
south of Hammond, were received and paid f >r December 16,
and have been operated by our company since January 9. Work
on that portion of the line between Delphi and Indianapolis is
1881.)
Beceinber
31,
ending
(For the pear
being rapidly pushed forward, and it is confidently expected
the
that our trains will be running into Indianapolis by July 1.
The report of the board of directors, issued lu adrance of
of
" A lease for 999 years has been agreed upon with the Chicago
•<»mplete annual report, wa.s published in the Chronicle
report
the
Ifebruary 4, 1882, on page 144. The figures from
& Western Indiana Railroad Company, by the terms of which it
CnEomcLB,
for
the
just issued, compiled in the usual form
agrees, for a fixed rental of $84,000 per annum, to provide our
IB comparison with previous yedirs, make the following exhibit
company sufficient track facilities for the prompt and speedy
BOA.D AND EQUIPMENT.
movement of our trains between Hammond, our northern
1881.
1880.
1879.
1878.
terminus, and Chicago, and certain exclusive terminal facilities,
1,320
1.286
1.320
1.2.55
road
operated.
Total
including round-house,;f reight-sheds 300x50, freight yard 800x
224
203
213
203
l/>comotivc8
use with other roads
203 100, in the heart of the city, and the joint
18!l
175
173
Paa».,mail &exp.cara
The rental of these
5,951 of its passenger depot at Twelfth Street.
5,155
5,363
4,894
Wreiglit cars
21
21
21
20
premises is so paid that at the expiration of thirty-five years
A.U otlier cars
OPERATIONS AND FISCAL BESCLTS.
they virtually belong to this company.
1881.
1879.
1880.
1878.
Operations"The general account exhibited herewith shows that the only
4,008.017
1,807,744
2,7.53,544
1,725.236
raasciiKeis carried..
company, when the line is finished, will be
P*(8eiiciT mileage.. 43.849,207 44,588.972 63,306.528 82,068,222 indebtedness of the
2,703,5-J2
2,324.485
2,875,833
._
2,067,832
$5,300,000 bonds and $5,000,000 stock on 450 miles of road
FrcieUt(tns) movedFr'ght (tns) 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.
At. rate p. tn p. mile
a little over $11,000 per mile. There is not one dollar of float—
Earnings
§
$
» *
1,775,721 ing debt." *
1,368,526
1,591,429
1,388,240
PassenKer
" Tne gross earnings from freight for 1881 were greater than
5,875,619
5,116,962
5,021,377
5,883,123
Froisht
935,027 those of 1880 by $91,712, or 14-82 per cent. The larger part of
847,575
763,695
730,590
Hall, express, Slo...
increase took place during the last six months, alttiough
8,586.397 this
7,140,207
7,249,183
8,322,127
Total gross earn'ga
our east-bound business had to be done during that period at
Operating expenses—
7"i3,196
958,646 about one half the race.s that were maintained in 1880, and was
706,106
902,207
Haiiit'iK'e of wa;^.&o.
757.788 due to the increase of our motive power and the occupancy of
519.877
658,7<.9
532,811
ICKiiit'nce of equip..
2,134,301 our new depot grounds in Louisville and the continued growth
Traiiaportat'n oxp'ns
1,544,545
1,558,332
1,815.3,59
307,431
•285,905
•257.105
284,013
M ic«Ilaueou»
of our local busine.ss." * * »
4,158,166
"The revenue from passengers exceeded that of 1880 by
3,116,4,59
3,041,470
3,690,287
Total
Heretofore we have
4,428,231 $18,883, an increase of 10'50 per cent.
Netearnings
4,023,748
4,207.763
4,631,840
43-64
41-95
44-34
been compelled to rely on local business almo.st entirely for our
4S-42
P.cof op.ex.toe'ngn
revenue in this department. Then we ran from New Albany to
* One-halt of gross earn's ovcrTol. P. <fe W. RR. included as expenses.
Michigan City ; now we will have the short line between
INCOME ACCOHNT.
Indianapolis and Chicago, and the only line from Chicago to
1881.
1878.
1879.
1880
Louisville under one management
then we had a line starting
BLteeipta—
.$
$
$
$
4,42»,231 at no place and ending nowhere, without a place or habitation
Wet earnings
4,023,748
4,207,763
4,631,840
161,105 in any of the great sities now we have as good terminal
Interest
68,040
102.321
112,000
MlBoellaneous
280,224
72,286
113,461
165,551
facilities in both Chicago and Louisville as any road entering
Total Income
4,164,074
4,875,500 either of them. It is in my opinion only necessary to equip
4,423,545
4,909,391
IHiburaements—
this road to make it as good a piece of property as there is in
$
BAnt'lspd.onra.lines
616.330
735,696 the West, bonded and stocked— as it is at less than half of what
615,830
708,702
Interest on deht
669,350
608,000
669,484
672,600
» *
Taxes
392,190
465,352 its competitors are." *
395,011
444,125
" The apparent increase in operating expenses and decrease in
Dividends
1,740,060
1,740,000
2,030.000
1,740,000
Ooustruction in 1111net earnings in 1881, compared with 1880, is due to the fact
Bois duriii!; year
38,728
386,016
812,323
925,380 that the worn-out track, structures
and machinery found on
Mlsoellaueoiis
41,941
the road in 1880 were rebuilt and charged to construction
Total disbnrsem'ts
3,498,542
4,824,4-'8 instead of operating expenses, while much that was then in bad
3,806,341
4,407,750
Balance, surplus
665,532
617,204
501.611
51,132 condition, yet good enough to run another year, was repaired
GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.
during 1881 and the cost charged to repairs instead of construcAwete—
* * * "During the past
1878,
1879.
1880.
1881.
tion, as was done the year before."
Xuilroad, buildings,
$
year the aim has been to charge construction and improvement
equipment, &o
33,913,173 33,956,782 34,040,853 34.080,728
Spnnglleld Division
1,600,000
1,600,000
1,600,0!)0
1,600,000 account with nothing that could legitimately be charged to
Middle Division
•.iOO.OOO
200,000
500,000 repairs; and the amount charged to the latter account which was
•tocksowned
>
rkiqoot 6,745,943 i 2,668,000 •2,668.000 last year charged to construction and improvement would reach
6,319,927
Bondaowned
J
6,631,522 tJ,63.',000
Materials, fuel, &o..
303,866
429,109
479,269
534,678 at least $50,000, and to that extent increases the operating
Ansets InChicaeo...
240,717
119,503
195,008 expenses and decreases the net earnings as compared with last
AaseU in New York.
579,481
862,764
882,154
921.256 year. This was done with a view of closing the construction
Assets in Ins. fund..
53.728
24,656
45,143
01,963 and improvement account
as soon as possible."
Total
The following is a statement of the operations of the com43,010,892 43,819,254 46,666,444 44,193,63:1
[Aabitities—
pany for the year ending December 31, 1881.
$
$
$
Stock, common
29,000.000 29,000,000 29,000,000 29,000.000
The
le g-oss earnings have been
Bonds (see Sor'M'T).
Illinois Central.
.
J
;
;
—
.
i
Insurance fund
Uabilif s Chic, otflce.
11,997,000
53,728
Misrcll. lialiilities...
Bal. surplus account.
Bal. income .account.
Tota
l
liablUtlea....
12,100,000
24,656
117,229
12,004,0
561,530
.504,530
(
1,4,55,634
2,072,839
5
43,010,892
43,819 254
W
45,113
.
:
§9.919,500
61.963
From—
Passengers
Freiglit
222,212
„„- „„„
Kxprcpg
»'395-089
J5,21--M70
4iJ9!.63.i
i
""'
•'"*' ''"""1 ''>elng$5;212,"l7"o,"M aljove!
est
T^.'i,^''
amount
$169,500 bonds have been called in.
Lonlsrllle New Albany & Chicago.
{For the year ending December 31, 1881.)
'"J?J/.Hr.*''"
Of this
Th<« report of Mr. R. S. Veech, the
President, says
'°^ the necessity of securing their
«-n fLw*''i*^/'^f.'J-' '®*''f
an'J a° independent entrance into both
rK?„.„I . 5 /*•='.'''•,??
an agreement of con^olilation
M-.r#n wi?^ J^°«'2,"l«.'°a.d«
Chicago & Indianapolis Air-Liae Railroad,
wh^h w«f^.n -^
°f '"'''"^'"""<"' f""""! Indianapolis to
I J^
HAmmond, Ind.,
about twenty miles south of Twelfth Street.
*"!'*"*'' approved and ratified by the
SS^wC/^""^ *?'
"? •^°"* '• ^Hi« '°»^ '"•°»««« onr main line at
Jfc^non flff,,
""'•''' '"'"''» o* Michigan City
and eightyight ™-?^'°'?,f
miles southeast of Chicago.
The consolidated company
:
5*™™!^
5X
'T"™*
1879.
$177,666
618.778
17,202
18,012
$I60,18T
495,882
!,055
2,067
14,413
18,449
2,441
5,258
Operating expenses
$947,651
717,082
$836,252
593,313
$696,631
596,657
Net earnings
$230,571
$242,908
$99,974
Mi.scciliiueous
Total
par.
1880.
$196,549
710,490
18.519
17,556
2,481
Miitl
Teiuktraph
46,688,441
1881.
2.5-25
Norihorn Cen'r 1 Railway.
(For the year ending Dec. 31, 1881.)
The annual report of this company for the calendar year 1881
shows that the coal tonnage was considerably increased in 1881
over 1830, but '.hat the grain carried to Baltimore wa«
nearly 2,000,000 bushels less in 1881 than in the previous year.
The report .says:
" It will be noted from the income account that the gross
earnings of the line were increased nearly 8 per cent,, but
that the expenses were increased about 16 per cent., making a
reduction in net earnings of $138,864 75. This was due partly
to the reduction in rates and to the increased cost of labor and
material. It is proper to state, however, in this connection,
that there were also included in the expenses the following
.
FlHBIUBT
.
THE CHRONICLE.
as, 188>.|
of extraordinary onMay, a large vortlon of which might
haTo been chiirgfd to uoiiHtniRtiim and «quipmHnt; but it waa
tLonght wise t« llll vacant iinmberH in your freight car equipment, and to defiay the other expenditare* oat of earning!)
rather than incrt^aMe your capi'al accuunt:
Amniint r\)iriiilt<<l fur nvw fralKht oura nod charged to
29
nOOMa
Hem8
$345,000 00
opuriit Idk t'Xix'nsoH
43,030 78
iriiikR, oxti'iiiliiiKFlerK.etc, at Canton
Bxtrimliin* of aroond and tbird traokii and atdlnga on the
50,»0fl 71
Uno of the road
10,006 0(1
Addition U> tobacco warebooie at Canton
ACOOORT.
Jteetipit—
•
$
Net eamlngl
i,iiM.o.tn
211.170
1kO,313
Interest
Other receipt*
. .
Total Inooina
1880.
1B79.
ir7B.
1
200.90
l,7iir,,ii»
1
i:i-.;..'.i
1,510,481
1,500,308
9,001,428
484357
457,742
605,140
452.097
.65^ 204
•«7».«l«
ilJi,?!'?}
1
Oodlof lu'w
$457,851 40
Uaklng an affgregate of
account shows that, after deducting these
extraordinary expenditures, which amonnted to over 7 per cent,
upon your capital stoc-lt, your company earned during the past
year about 8 per cent., out of whicn two dividends of 8 per cent
each were paid in cai-h to your shareholders.
" It will also be noted from the income account that instead
of your company having to make any contribution toward meeting the operating expenses and rentals upon the Klmira the Chemnnf,'and th- Canandaigua divisions, a profit was realized therefrom of $32,184; but that there was charged against yonr income
for the year one-balf of the deficit of the Baltimore & Potomac
Bailroad Company in meeting the interest upon its bonds,
amounting to 1^37,177. It is confidently hoped from the great
improvement being made in that property that this deficit will
in the future b-" materially reduced. As appears by the statement attached to the report, there are now in the insurance
fund securities amounting, at their par value, to $100,000, being
a considerable increase over last year."
On account of the demand for increased facilities for handling grain, it is proposed to erect an additional elevator at
Canton, with a capacity of 800,000 bushels, and with that view
a further purchase was made from the Canton Company of
about 9J^ acres, for which the sum of $183,.')49 was paid. This
expenditure forms the main item in the increase of capital
account for the year. The entire expenditures on real estate
account were $199,594, and credit being given for the proceeds
of sales of property in Baltimore, not needed for the operation
of the line, the net iscrease of that account was $168,862.
In order to meet the requirements of traffic 600 box cars and
850 hoi>per gondola cars are being placed upon the lines
through the agency of a car trust.
The passenger business for the year showed a marked improvement, the passenger mileage increasing 15 per cest., and
the revenue received therefrom $113,123, or 16'27 per cent.
An arrangement was perfected during the year for the
exchange of the $1,000,000 of 6 percent, second general mortgage bonds for 5 per cent, bonds secured by the same mortgage,
and the option of convertibility into stock was surrendered in
the exchange.
The report says: " Your board deemed it necessary for the
interests of your company and the proper development of its
traflScthat yon should have your own line extending to tidewater. For this purpose they had very careful surveys and
estimates mad:*, the result of which showed that it would be
more advisable to acquire the ownership of the present line, if
it could he had at a fair price, than to incur the expense and
difficulties attending the construction of a n^w road.
Negotiations 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
Talne of $100 per share, subject to a mortgage indebtedness of
{1,500,000 of 6 per cent, bonds.
Tbo gross earnings vt tbe L'ulon Bailroad Company foi tbo
IMUt year were
$287,295
Kzpcnsrs
6I,3J4
itfll
$
,24<1,00H
MM.:i:i9
1,»37,«2S
$
Rentals ra'd
lines, Ac*
tnlerent on debt
UlvlclendK
MIseetlaneoiiH
Bait,
di
Potomac
894,930
100,206
'oa'.i'co
1,480,585
24,890
1,410,142
170,160
Int.
470,219
036,883
tO*,0>H>
146.018
113,834
106,404
(0)3.'.0,6I7
1,800,533
1,800,084
117,e»«
(2)
10,140
37,177
"The income
Net earnings
$225,971
" Of the gross earnings your company paid $254,365." » * *
" For the purpose of obtaining the means to pay for the
•apital stock of the Union Bailroad Company, your board
recommend that your share capital be increased from its present amount of $5,842,000 to fO,.";' 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
J
The comparative statistics for four years have been compiled
for the Crroniclk as follows:
ROAD AND EQinPHEST.
1878.
1879.
1880.
1881.
152
170
152
170
152
170
162
170
322
322
322
MIIPsownfMl
MilcM leased
.
& cont'd*
322
Total 0iH>rated
Uses also 40 miles of Pbllodulphla
. .
FreiKl!t (tont.) mli'jtc '.'80,--'3(i.742 •f04.10-',7«l 4m.tiOI,4.'iG
Av. rule
V
ton
Earningt—
9
milo
1-013
elg.
$
0-810
cts.
8
O'8'.il
cM.
$
Balance, suri'los.
*
.
Lehigh Coal ft Narlgatlon Company.
year ending Deiember 31, 1881.)
(.For the
The managers' annual report states that tbe gross receipt* of
the Lehigh & Susquehanna Railroad and branches were 9808,471 more than in 1880, the gain lieing mainly in freights on
coal, of which 784,077 more tons were moved than in that year.
Canal navigation opened April 29 and closed December 16.
The late opening resulted from an ic« freshet on February 13,
when part of dam No. 4 was carried away, and the cost of
maintaining the Lehigh Canal was thereby increased $37,8CS
over the previous year. The net revenue of both canals, after
paying rent and taxes of Delaware Division Canal, and tax on
gross receipts, was $26,189, or .?64,402 less than last year. The
tonnage of the canals was 627,423 tons, showing a decrease, aa
compared with 1880, of 14,843 tons. The production of coal
was 648,148 tons, an increa.se of 94,978 tons over 1880.
" Our total revenue from all sources was $1,875,592, a gain of
$265,915 over 1880.
The decrease in fixed charges, $26,996,
added to this, makes a total gain of $291,911 in net revenue OTer
the preceding year. A dividend of $1 per share was paid to tho
stockholders in December last, and the balance remaining to the
credit of dividend fund at the close of the year was $471,446.
From this balance must be deducted whatever sum shall be
paid to the State under the four-mill tax law for the yeara
1879, 1S;80 and 1881.
The amount for which we are held to be
liable is $81,248, but we expect to be relieved from the payment
of a considerable part of this sum.
" It will be noticed that the income from onr railroads exceeded,
for the first time, the amount of our fixed charges. The former
has increased largely since 1878, and the latter has steadily decreased during the same period. We may reasonably anticipate a further increa.se of railroad earnings and a material reduction in fixed charges during the next few vears. In September, 1884, the right to convert Nesquehoning Valley Bailroad
stock into our own, or to pay it off, accrues to this company, which we may then exercise, or continue the lease at
a lower rate of dividend, as may l>e considered most to oar
interest.
"The first mortgage 6 per cent, loan of $5,381,840 matures
in April, 1884, and may be paid off in whole or in part by the
sale of securities controlled by the company, and the balanea
In re(if any) probably extended at a lower rate of interest.
suming the payment of dividends the board deemed it wise te
retain a strong reserve of net earnings, under the conviction that this policy, together with a grr.duallv-increasing
stock basis and steady reduction of the debt of the company,
would establish the stock upon a secure foundation of productive value. In order to clear our books 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 accumalated previous to 1?80, 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 tbe company holds $746,000 of its consolidated 7 per cent bonda,
$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 onlj
$106,190 due December 10 next, of the $762,779 loan thai
matured in 1877."
Comparative statistics for three years are as follows :
Beetiptt—
18il.
10,5'.;7.70<i
500,180.310
0-869 cts.
$
Net profit on I.eh!gU Coal
Royalty on coal mined by l««8eea
Revenue from rents
.
...$1,375,502
$1,609,676
$1,183,81$
$01,703
97,050
5 1. 33a
?38.00O
lie. 867
627,927
ri9r,,430
808,5.54
.3,272.302
207,7-20
4.131,008
223,919
4,396.187
23^,909
Gpneraland legal expenses
Kent and luxw NeiM. Valley RR..
Rent aud taxes Del. Ulv. Canal
Taxes
eani'gs
3.723,156
Ofxraliiin rijKlitts—
$
Maliifneoot wiiv.*c.
73.^.-.'58
4,107/J49
5,050,387
5,443.700
luterest account
715,619
608,296
equip
TrHii»iM>riat'n exp^ua
Hiseelluneous
043,367
862,794
63,078
1,1'.'4,565
1,371,003
956.021
1,121.2,V2
65,73ii
63,817
2,604,497
1,118,939
2,861,041
1,246,008
3,255,268
1,795,119
Total
228,8.'>1
grou
Miiiiifiiec of
Tolttl
Metoarulag*
.
$
$
8
3,787,410
1,606,254
^^.M*
9,15e
DUburwemaiU—
fi.57,006
Mali, exp. and miscel.
10,830
47.58$
190,699
1.061
19,756
90,176
l».').62(i
6.077
33,728
7.738
Mlscellaueoua receipts
Total receipts
18,947
74,045
240,743
7,574
35,669
$828,617
51,93»
13,'.I16
..
2,8:<7.599
Passenger
Freight
ISTW.
1880.
railroads and Nea(luehooiiig Tunnel
$1,429,468 $1,157,909
Revenue from Ixhlgh Canal
108,666
55,830
powers
Revenue from water
Le-
Revenue from
Revenue from Delaware Ulv. Canal
1881.
2,430,162
34,370,918
2-352 cU.
284,890
Includes runt of rooda and Interett on equipment.
high Canal
&
Erie road.
OPERATIONS ANU FISCAL RESULTS.
1878.
Olieratiinit—
1879.
1880.
PH—iiiKers rurrlod
l.:j80,.'i'J3
1,530,879
1,91.1,734
Pa-~. TiK.TiiiilcnKc... 24,r.!L'.H37 25,8S)8.514 29,880,642
2-7-.'4 ct».
2-426 ct«.
Kill.- w |)n«H. I* mile..
2-327 etc.
7,9'.'0,«66
Fr.-l>.'lit (Ions) moved
5,803.371
9.4(;0,'J-_>9
*
Tot. dlHlinrsements
$59,101
97.0.'>u
120,3
125,43-(
70.148
015,030
932.'.-3l
77.4B4
023.90$
81.153
$1,261,6«8 $1.387.(>65 $1,303,619
Total dlsbursemenU
$013,924
$332,011 df.$13S.7$A
Balance of earnings
$55,317
$01,815
licw Kliik'K fd of lOo. p. ton on coal
Losa depreciation uu coal impruve72..1>65,333
$
menta Ao
Totol
$190,148
"$127,778
$.
_
:
:
THE C^HRONICLE
230
^194,233
6183 770
Jan. 1
"The Western Union Telegraph Company is said to have had
control of the American District Company but now it holds
only a small amount of the stock. When it absorbed the
Atlantic & Pacific, it took in the Domestic District Company,
;
$678,012
206,567
-
Dividend of $1 per share.
fund,
Balance to credit of dividend
^^^.^j
xxxiv.
This award has not been made public, but, whatever it was, the
Mutual District Company refused positively to accHpt it." * *
ij!.
I
Total
;-.-; [Voi.
$194,230
j^^
$
railroads, and the coal
The^ffrosVreceipt's'of'tiie company's
Leh,^h
Jn^eontheLe'high & Susquehanna llailroad and the were as
and 1879,
Canalduring 1881, as compared with 1880
and whrin 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 Bapid Telcgr.iph Co.—The following statement of
the condition and property of the Rapid ConsUuction Com$118,659 pany, which has absorbed the American Uapid Telegraph Com$144,376
Possensera and mails
*r.in'777
341.771
465.398
pany, is given by the Boston Tran^criU
Freight and cxpi-088
1,953,332
q^Tt
J^4
2,80i,272
s,oi.).-iot
Coal
The amount of the Rapid Construction Company's subscrip$4,222,518 $3,114,016 $2,413,762 tion was |l,36'i,900, of which seven instalmeats liave been
Total
$804,587 called. There has been paid in $874,970 to Feb. 13. There
$1,138,015
Lehl"h Coal & Nav. Co.'a proporfn.$l,407,506
4,158,031 has been expended on lines $714,000. The estima'ed cost of
3,905,393
4,704,692
coal tonnage
the pole lines, with two wires complete, is .'SSl.') per mile. It is
Kentncky Central.
estimated that $150,0.j0 will fully complete pud equip the
follows:
1070.
1880.
1881
[For the year ending December 31, 1881.)
" Early in the year the
The report of the directors says
Paris to a junction
board determined to extend the line from
offices.
BTATEME^T OF
:
^a9hvllle
with the Knoxville extension of the Louisville &
$l,91o,000.
Eailroad, seventy miles, the estimated cost being
The right of way was donated by Bourbon County, and exempClark
tion from taxation for twenty years was guaranteed by
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
now
in progress,
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-half of the steel and fifty of the cars have been
delivered. The increase in gross earniugs has been very satisfactory. The net, ail 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 such fine condition it can easily be operated for less than 60 per cent, of its
In addition to the business to be expected
gro.ss earnings.
from the extension we have a connection with the Chesapeake
& Ohio system, and may hope for a large traffic from that
To provide funds for the extension,
source this current year
for rebuilding the road and equipment, and for retiring the
preferred stock and the outstandin<5 bonds, a new consolidated
mortgage for $6,600,000, or $30,000 per mile, was made, securing 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,c3 1,000 were sold in this viay for $2,889,333. This money is
subject to call as needed by the company ru delivery of the
botds The company still have §2,266,000 with which to take
up the $1,411,030 of outstanding bonds and provide additional
equipment."
The following is a statement of gross and net earnings
Passengers
KrolgUt
r.xpiesa
Miiils
1880.
1881.
$201,643
386,212
18,6U0
13,924
$226,554
Miscellaneous
5,880
Operating expenses
Increase.
43S,691
18,625
14,091
7,164
$626,261
371,553
$70.5,127
490,655
$24,910
52,479
25
166
1,283
$78,865
119.102
Net earnings
$254,708
$214,472
$159,763
of expenses to earnings was 69 6-10 in 1881,
against 59 3-10 in 1880, which is accounted for by the lara:ely
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
The percentage
:
Atgel^,
Liabilities.
Constrnct'n and equip. $7,967,908
Maysvillo & Lex. KR..
851,495
Bond ftccount
;
2,871,200
Paris <t LlviijgBt'e Ex.
75,844
Material at repair sh'ps
19,899
Fuel acL'ount
6,219
Old iron
Road &
rails
bridge matcr'l
101,6.52
407
& foreign railr'ds
9,964
1,55C
U.S. Gov. P. O. Dept..
Sandry accoants
3,591
12,8 13
Cash
23,611
Agts.
Adaum Express Co
Capital stock
$6,083,500
5,315,000
292,238
Foreign railroads
11,595
UuDuul coupon Inter'st
3,920
Sundry accounts
85,297
Frotlt and loss
121,649
Bonds payable
Bills payable
$11,946,200
GicenlniBh, via Albany
PiltRlairg to Buffalo
itihs Ko. MileS
of
of
of
Line. Wire. Wire.
LINTS.
and Troy to ButFalo
Plii!adelpliia to PittRUllr^'
Wapiilngroii. via Baltimore to Harilsburg
Y., to Boston
Port Chester to Grccnbush
Harlem to Port Chester
Four wires. New York to Baltimore, ou old polos
Oue wire. New York to Boston
Eight wires. New York City line, eight miles each
34 5
2
300
3:0
2
11;*
190
Hudson, N.
]h0
27
2
o
2
2
'2
1,120
2J0
64
l.'lllO
American Rapid Tel. Co.
lines,
Boston to Washington
.
570
.
2,030
ofBees on the
Troy, Syracuse. Rochester, in New Y'ork
G90
coo
C40
236
380
320
54
a
4,354
1,710
6,064
new
The company has opened
;
lines at Hudson,
and Lancaster, Har-
Lines are being built
in Pennsylvania.
into the cities of Buffalo and Pittsburg, and the line to Buffalo
has been test'id. The company will open offices through the
oil Tf-gions, between Pittsburg and Buflfalo, and along the lines
in the larger places as fast as possible.
There are now represented b.v this company Ihe lines of the
ri-sburg
and York,
American Rapid Telegraph Company, from Washington to
Boston, with three wires, 570 miles of line and 1,710 miles of
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 Htouk is issued
for subscription, and the Ara-^rican Rapid Telegiaph Company's [stock shall be fully exchanged, $2,966,900, which fully
represents the property of both companies.
Canadian Pacillc. The Toronto Mail says The report of
the Minister of Railways, laid on the table of Parliament
lately, contains a very compact .statement of the present condition of the Pacific Railway, as follows
—
:
:
ICastcm Section— From Callcndar Station tlic (Ivst fifty miles of the
line westward has been located and tiie work of construction commonccd. Central Section— Wist of Winnipeg tlie line has been located
as far as Moose Jaw Creole, a distance of 404 iuilcs from Winnipec- Tlie
company having been permitted to .•;l>andon the old loc.itiou from Stonewall to Portage la Prairie, lias construcaed a r.ew line, about flfly-tlirce
miles in leiigth, running direct from Winnipeg to Porta;::e la Prairie. On
this central section the company Ims completed the grading for about 218
miles of the line and laid 1 63 miles of track west wai d out of Winniiicg.liie
line from Winnipeg lo Stonewall, abi'ut twenty miles, being retained by
the <'omi)any as a branch. Tlie road la open for trafiic to a point on the
main line 161 miles west of Winnipeg. From Winnipeg, southwcstciiy,
passing to the vicinity of Turtle Mountain, a brauch of about 220 miles
In length has been located. Ou tliia brancli construction is far advanced
for 89 miles. From Bran ion another braneli passing in a soutiiwester-iy
direction has been located for a distance of about 195 miles. Tho company has had a stall' of etigineers empi03'ed examiuiug tho various
passes of the Rocky Moimtalns south of the Y'ellow Head Pass to ascertain If any more favorable point of passage exists than that already
determiued. Ou the 9th of Juno, 1831, the Canadian I'acilie Railway
Company acquired all the riffhts of tiio Canada Central Uaihva,^-. nnd
Incorporated its works with those of tho Canadian Pacific Railway system: Ottawa to Carlftlon Place, 29 miles; Carle.ton Place to Pembroke,
76^2 miles; Pemliroke to Callcndar Station ((5. P. R. juuolion), 130
miles; total, 235% milo.s; Carletou Place to BroekvlUo (brancli), 45'a
miles; total, 281 m'les. By this arransremeut tho main line of the Canadian Pacillc Railway lias been extended eastward from Callenrtar Station to Ottawa, and its total length from Port Moody increased to about
2,864 miles.
Central Iowa. The following official statement is made of
the comparative earnings and expense.s for the years 1880 and
—
1881:
FAimings.
$11,94 0,200
Frei'/it
GENERAL INVESTMENT NEWS.
American District Telegraph.— The
Ti-ihiine reports in
regard to the notified increano of stock "It is understood that
a consolidation of the several district telegraph companies was
proposed, and it is stated that the several companies agreed
to
leave the plan of consolidation to Thomas T. Eckert
VicePresident and General Manager of the Western Union
Telegraph Company. The flret award made by General Eckert
was
on the basis of the present capital stock of the American District Company, without an increase for the
absorption of
the other interests.
This proposition was not acceptable
even to the American District Company, which hoped
it is
said, for. a diJTerent result.
The matter was referred back to
General Eckert, with instructions to make the present
capital
of the American District Company the unit of the
consolidation
:
Passenger
Mlsceliaueons
Total earnings
Expenses.
Operating expenses
Renewals
Ballast
Total expenses
Net earnings
.
1831.
1830.
$723,909
218.282
5!».174
$690,555
212,591
52.929
$1,001,306
$962,076
$595,534
228,401
13,165
$463,807
133,469
23,500
$837,101
$620,778
$164,265
$341,293
Central Railroad of New Jersey.— Governor Ludlow has
until Friday night to sign the bill giving railroads the power
to issue niore stock.
If he does not afiix his signature it
becomes a law. William P. Proctor, in behalf of himself and
the owners of a majority of the capital stock of the Central
Railway of New Jersey,' has begun a suit in equity in the New
York Superior Court against the railway company and its
:
FebroaiiY
:
und.TlhH pn^lsion-scf theHtatuto
of New JfiNi-y. Judjf« Arnoux
.riuporary iujumliou and au ordi-r, rotiiraable FebKi.ii...
ruary 2S, to show causr! why the injunction Hhonld not ba conUnutid during Iho p.'ruleui'v of thii suit. Tli'^ ord.!r win pranted
on the aflldavitH of Franklin IJ. (Jowon and Thonia.H 1". Fowler,
Mr. Frootor
and the fomphiiut was verilled by Mr. Proctor.
is the piMiernl mnnB^erof tli.' SiuKer S.;wing Ma^iblno Company,
whicdi is the owner of lO.OJOsUares of the defeuJint ojmpany a
stock.
Thu complaint sets forth that the cnpital 8tock of the
companv i» !jl8,5i33.200, and under the charUir cannot be
itscapiliil Nto.'k
i,
I
>.
by
tli>'
I'-i-'i-<l:it"r
1
.1
increased without the consent of two-thirds of the shareholders.
object of the proposed iH.-<ue of stock U to enable the
present oflliera of the company to perpetKate thera^^elves in
power, and to thwart the purposes of the owners of the present
capital stock. To this end the defendants procured the pasF.iU" if a bill by the Lepi.slature of New Jersey, authorizing the
oil! .IS of the company to draw in the bonds of the company
which are now due, and to issue new stock in place of them.
It is claimed that the new act would not repeal the charter
stock without
firovi-sion which forbids the increase of capital
he c<>nseut of two-thirds of the stockholders.
The
Clnohiiiatl Indianapolis St. Louis & Chlcngo.—The earnings of this road for the .six months ending the 3l8t of December, 18S1, are reported as follows
Gross cnniiiijto ciulliic December 31
^^'^Ji'S'?'^
Net eaiiiiiiK* for siimi) tiiuo
o .V'o ^i)
3bl,8.J.l
Bond iutcivst aui tuxes
:
For stock.
Dividend
..„.
..'.'..'.'.....'.'
;.-
$24?,021
180,000
$!)2,03l
Carried tnBun>lU8
Cleveland Tnscaniwns Valler & Wheelliie.— At Cleveland,
Ohio, February 20, the Union Trnst Company, of New York,
filed in the United States Circuit Court a bill in equity against
this company and the Elyria & Black River llailway Company,
and Worthy's. Streator, Trustee, alleging the insolvency of the
Cleveland Tuscarawas Valley & Wheeling Road, and praying
for the appointment of a Receiver. The bill states that the
total amount of indebtedness of the road secured by mortgage
Amounts to ^4,880,000, not including interest, and that the floating debt, unsecured, amounts to not less th.-in $400,000. The
rolling stock debt amounts to $j)6:i,000. All the bonded indebtedness except $700,000, the subject of a special contract, is in
default with interest since 1878. After consideration of the bill
exhibits filed therewith, the Judge appointed O.scar Townsend, present General Manager, Receiver, and his bond in $100.000, with Selah Chamberlain as surety, having been approved,
he took possession of the property.
And
—
Connecticut Western. This road, extending from Hartford
to Millertoi), N. Y.. has purcha.sed the Rhinebeck and Connecticut Railroad.
The Connecticut Western Road by this purchase St-cures advantageous connections.
Houston & Texas Central.— Thiscompaay makes no regular
annual reports. The following brief statement for 1881 is issued,
covering r)22 miles of road worked, the Texas Central extension
not being included
18«ll.
Or088 earnings
$3.74«,(>r..'>
Expenses
2,141,^72
18?0.
$3,741,000
2,007,323
Mctearoin«8
$1,606,782
$1,733,077
Taxes are included in expenses. The interest on bonded debt
WAS $1,157,96.5, leaving a surplus of $448,817.
The expenditures for betterments during the year were
|1,0(J3,113, to which the surplus of $448,817 was applied, the
remainder being provided for out of the proceeds of tne g?neral
mortgage bonds of the company.
New York Lake
the contract.
Indianapolis & EransTllle.— At Baltimore, Md., February
20, in the Superior Court, an attachment was issued for Thos.
It. iteynolds, of London, a manufajturer of steel rails, against
the Indianapolis & Evansville Railroad, to recover the anm of
It appears that the defendant contracted with the
f76,2.'>0.
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 a 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 SulliTan was held here to-day. Nineteen-twentiefhs of the stock
was represented. By a unanimous vote the capital stock was
increased $3,000,000. Nearly all the new stock was taken by
the present stockholders."
:
Mntnal Union Telesrraph.— In the suit of piiny H. Babbit,
to prevent the Mutual Union i'elegraph Company from issuing
its stock to represent more than $1,200,000, it is sought to
remove the case to the Ucited States Circuit Court. The matter
ret remains oncertain, and it is adj<iurned to February 28,
place.
Amoui, when further proceedings
will
take
231
Erie and
Wentem.—
T'
hua
build A double track on it* line v.
vill«,
and for that purpuM baa msda aaale of it«
,,,,, i,^,, inmiM,
which amount to 99,500,000. Tha bonds have been tak«ii \ty
decidi-il to
'
bankers represents by Kahn, Lo«b A Co., bat details
to the transaction were not made pnblic ye<it>-rday,
terms of the plan of reorganizatioD th'-mi bonds wm-
in rti^-itrd
'
,1
" to meet the expenses, payments and ind>
thn
Receiver, and the reorganization expenses h<'re
m."
They were mad') payable in thlr^ years from Hi- 'ii .• .if the
mortgage, and take prec'-dence of the new second consolidated
mortgage bonds. Tue Ktie road now has double tracks from
Jersey City to llornellsville, and the accimplishinent of the
pre.sent purpose of the companv will make it a d'Mible-traek
road for its entire length.— iTew York Tribune, Feb. 22.
for
I
-i
I
Northern Central.— In Baltimore, Feb. 2.3, at the annual
meetinif. the stockholders ananlmoanly approved the purchase
of the Union liailroad, or six thousana shares of it, and ordered
an increase of the capital stock of the Northern Central Railway, so that the whole shall not exceed $G,SOO,000, to enable
the company to purchase the Union Railroad. A resclation
was adopted to give preference to the prr sent stockholders to
purchase the additional stock at par at the quota of one new
share of stock for eadi ten shares now held by them.
Northern raciflc— The Philadelphia Press says that at the
meeting of the Finance Committee and board'of directfjrs in
New York, no definite action was taken as to a dividend on preferred stock. As to the bonds, it will be remembered that the
syndicate under the original contiact have the option of the
other $20,000,000, which a^es not expire until July 1. It is not
positively known whether these bankers will undertake to place
the boud.s, but it is supposed they will. The company has
suOlcient funds on hand to continue the work of grading and
laying rails for some months, so it will not be puslied for funds
in any event.
The syndicate have been requested to signify ta
the company their decision as to their option on the next
a date as possible.
Ohio CentiMl.— .\t the election of the Ohio Central RiilwavCompany, consolidated with the Atlantic & Northwestern Bailway of West Virginia, the following directors were elected:
George I. Seney and John T. Marlin of Brooklyn, N. Y.;
Daniel Shethan, F. O. French and Nelson Robinson of New
York; D. P. Eells of Cleveland; Charles Foster and Samnel
Thomas of Columbus; C. S Price of Lima; Joseph. S. Miller of
Wheeling, and Thomas Swing of Lancaster.
Philadelphia ii Reading.—The following statement gives
the earnings for January and for two months of the current
$20,000,000 at as eariy
fiscal
year
JASUART.Oroia
8lcam
colliers
Barnes
-ProflL1882.
JlecHpla.
,427,8 17
$50l.U6S
•473
70,401
5,230
*19,3»t
43.C56
*1,»25
n
Railroad
Canal
Total railroad
& Iron Company
$1,503,075
948,390
$109,610
55.1'iO
$584,002
62,910
Graad
$2,451,486
$55 1,769
$646,013
Coal
total
Loss
The following gives the profit for the two months (December and January) compared with the same period of last year
1892.
18^!l.
$1,002,826
•29.085
44,847
KiUlroad
Canal
Steam
colliers
744
Uiclimoud bnrKes
'
Indiana Bloomington & Western— Indianapolis Decatur A: SprlngUcld.— At Indianapolis the stockholders of
the I. B. & W, met and ratified the lease of the Indianapolis
Decatur & Springfield lUilroad, which was made by their
directors in December last, and which went into force in the
beginning of January. A corresponding meeting of stockholders of the leased line was held and their assent was given to
before Judge
:
.
THE CHRONICLE.
85, 188!.]
dirpctors, Sidnt-y Dillon, Jay ti.mld, John K^on, Fn-dirinlt T.
Fi>'linrliiiyHen, mid otlicrH, to n-strain th« c unpany from
j.
:
$1,396,120
'28,060
87,364
'810
Total railroad
Total Coal * Iron Co
$1,019,333
75,893
$1.4.54.614
Grand total
$1,095,226
$1,534,456
129.841
Loss.
The folbwing
gives the tonnage
anl passengers tor the same
periods
.
January.
1882.
.
IHSl.
49i,0i)7
442,(i29
Ttoo itontks.-
.
1882
1881.
1,012,328
754.799
1,2«8,492
1.180.013
1,825.208
36,28.^
95.320
78,275
Coal mined l)y C. A I. Co. 240.432
Cual mined by tenants... 89,706
221.234
96.94 i
621.372
210,209
431 .457
209.013
3S0.138
31».17(i
813,581
Coal (tons)
Mercliandlso (tons)
Piissengors
Coal, colUcrs
Total mlnod
50«,I47
593,091
89H.000
48,285
—A press dispatch from Reading, Penn.. Feb
Hagenman this morning
filed
an opinion
in the
23, cays
878,840
1,506.115
640.471
:
"Judge
matter of Joseph
L, Stichter against the Philadelphia & Reading RK. Company.
The suit was brought to compel the Philadelphia & Reading
Railroad Company to carry out its contract to fnmish Stichter
with $50,000 of tlie deferred income bonds which he had subscribed for. Judge Hagenroaa decided that the company has a
perfect light to create debt, borrow money and issue bonds,
and that the issuing of deferred bonds is legal, no matt«r if the
company onl/ agrees to pay interest on the same withont
specifying any special time for the redemption of the secnritiee.
The decree orders the company to issue certificates to Stichter,
and gives him deferred bonds to the amount of $50,000."
TcnneiiSPC Debt.— At Nashville, Tenn., Feb. 18, The Supreme
Court decliued to allow the moticm entered by the attorneys
for the State Funding Board, soliciting it to modify the injaneti"n so 08 to permit the is-iue of bonds withont the tax-receivable coupon feature. This dispase.s of the snit, and the funding of the 8»ate d -bt cann.it be accomplished except throngh
the passage of another bill by the Legislature.
:
.
THE CHRONICLR
232
1*110
Feidat Nioht, February
Friday. P. M.. February 24, 18SS.
MovBJreirr op thb Crop, as indicated by oar telegrams
from the St>uth to-night, is given below. For the week ending
this evening (Feb. 24), the total receipts have reached 60,160
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. 4,008,508 bales, against
4,535,165 bales for the same period of 1880-81, showing a decrease
since September 1, 1881, of 523,657 bales.
The
24, 1882.
West, which have not
There have been excessive rains at the
serious overflow of the Mississippi
onlj caused local floods, but a
more or less interrupted and
Birer. Transportation has been
have been important dee«rly farm work delayed. There
securities, attended with much
clines in the value of railway
again
excitement in the dealings. Foreign exchanges have
is
approached rates to favor the shipment of gold, and a million
has
also
Money
to-morrow.
steamers
the
in
go
to
engaged
been dearer. All thesie circumstances have operated unfavor-
Indianola, &c.
New Orleans...
Mobile
Bavannali
Brunsw'k, &c.
Ciarleston
Pt. Royal, &c.
Total lbs
22,988,200
305,022,671
134.305,056
299,141,182
462,315,927
570
1,322
6,241
750
3,664
1,365
TotaL
163
1,014
4,378
1,262
213
617
198
497
69
3,232
385
16,341
3,408
215
21B
1,088
1.296
1,351
1,199
889
1,119
6,942
1,191
1,713
730
626
515
24!2
144
805
756
168
499
5,580
114
2,029
1,309
2,261
975
918
1,422
1,828
339
796
831
477
748
500
656
375
245
1,493
8,914
1,828
3,315
5,088
191
868
452
216
1,727
5,712| 14,019
60.160
396
CityPoint,&o.
New York
1,113
«0
750
1,064
490
828
38
38
Baltimore
Philadelp'a, &o.
Totals this week
8,707 12,725 13,626
5.341
For comparison, we give the following table showing the week's
and the stocks to-night
for the corresponding periods of last year.
total receipts, the total since Sept. 1, 1881.
and the same items
1881-82.
1880-81
Stock.
Receipts to
Galveston
and7M@12>^c. for leaf. Seed leaf has been quieter, and sales
for the week are only 1,054 ca-ses, all from the crop of 1880, as
follows 200 cases Pensylvania fillers, 6@6/^c., and assorted,
10@16c.; 50 cases New England wrappers, 16@30c.; 704 cases
Ohio fillers, 4}^e., and assorted lots, 5M@8c.; and 50 ea.ses Wis:
coLsin on private terms. Also 400 bales Havana fillers, at
auction, 20@8!)0.; 250 bales Havana, at private sale, 88c. @$1 10.
Rio coffee has been in fair demand, and, favor-id by small
receipts at Rio Janeiro, prices here advanced, fair selling at
fl%c. for fair grade; but at the close, with the stock here considerably increased, and the demand less urgent, the tone is
rather weak at 9Mc. 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 grades 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 without marked change. Molasses has been in fair demand and
higher at 33>6c. 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 l%@7)ic. for fair to good
refining and 8@8 l-16c. for 96-degrees test centrifugal.
Bhds.
Boxes.
Bugs.
Melado.
_
Beoelpts since February 1
22,3a5
.
333,767
Sales since February 1
24,795
999
365.995
Stock Febniary 21, 1882
7,960
6,639
475.355
41
Stock February 23, 1881
29,990
6,911
1.001,110
1,277
Refined sugar, after showing some weakness at one time,
•loses firm at 9Mc. for crushed, 9^@95/&c. for powdered and
Since Sep.
1, 1880.
369,386
17,415
13,041
16,341 1,053,865
3,408
223,320
249
529,08
13.804
1,164.821
321,596
19.510
745,811
4.748
535,859
45,523
107,600
25,131
580,538
180,103
4,378
..
Indianola,&c.
New Orleans...
163,174,745
This
Week.
This
Week.
February 24.
Kentucky tobacco has continued rather quiet, but sales for
the week amount to 500 hhds., of which 425 for export and 75
for home consumption. Prices are Arm at Q}i@1)^c. for lugs,
,
590
Moreli'dC.,&c
;
19,689,800
180,508,655
90,04r;,727
FH.
Thurs.
1,318
Wilmington
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 lOSOc. on the spot and for March, 10'60c.
for April, 10-70c. for May and 1077^0. for June, though early
sales were made at higher prices ; refinsd for the Continent,
10'75c. Beef and beef hams have been dull and nominal.
Tallow has declined to 8Mc. for prime. Stearine is entirely
nominal. Butter is higher at 40@50c. for prime to chaice.
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
Lard,ll)8
Wed.
Tues.
723
Florida
or the regular spring trade.
The market for provisions ha) been declining under the sales
disposition to meet
f speculative holdings, and a more general
Pork.lbs
Baoon.lbs
Moti.
Sat.
Galveston
eceding, and monetary centres are calmer, with prospects good
1880-1.
at—
Receipts
values of
ably to trade, besides discouraging speculation, and
many leading staples have given way. At the close of the
week, however, the weather is clear and cold, the floods are
1S81-2.
ZXXIT.
COTTON.
([Lommzxcml %imzs.
COMMERCIAL EPITOME.
[N
[Vol.
69
Mobile
Florida
215
Savannah
6,942
Brunsw'k, &c
Cliarleston..
5,580
756
Pt. Royal, Ac.
Wilmington...
1,064
M'head C, &c
499
Norfolk
City Point, <fec
8,914
1,828
3,315
5,030
New York
Boston
Baltimore
Since Sep.
1, 1881.
25,239
653,623
6,8il
443,351
21,541
123,277
21,801
512,83
168.08
130,776
160,512
..
33
17,P5(i
Pliiladelp'a,&o
1,727
51.041
..
Total
46,950
10.578
167
15,505
84
10,787
1,277
1,650
491
12.171
7,19i
6,215
5,534
199
1.892
96,2 J2
70,120 101,384
370.310 288,104
33,232 47,213
0,080
76,742 86,624
60,111
3,704
7,691
65,116
2,743
5,447
49,270
23,954
9,827
36,356
17,719
202,041
8,390
11,256
14,583
,,078,' <U
861,941
313,31'
110,864
20.22
30,073
60.160|l,006,50i- 138,35!) 1.535,lii:
1881.
1882.
In order that comparKoa may be made with other years,
give below the totals at leading ports tor six seasons.
Receipts
at—
1882.
Qalvest'n.&c.
New Orleans.
1881.
4,447
16,311
3,103
6.912
Mobile
Savannah
Charl'st'n.&c
Wilm'gt'n, &c
Norfolk, &o..
A.11 others
1880.
9,812
45,186
4,831
1.563
10,712
10,381
17.661
46,950
10,578
15,505
12,064
2,141
19.366
14,091
6,754
1,107
11,658
11.097
60,160
138,359
102,995
6,33(i
12,5.50
we
1877.
1879.
1878.
13,951
46,353
7,565
8,513
7,082
38,016
7,967
6,031
2,610
10,331
14,587
7,134
3,46J
6,905
12,423
6,133
30,888
3.707
3,530
1,547
1,947
7,380
10,484
110,017
94,319
68,615
U,382
,
Tot.this w'k.
!
%%m%a.
for standard "A."
Ingot copper has been quiet at 19c. for Lake Superior. Lead
has been quiet at 515@5-20c. Spelter has been quiet at 580®
6-90e. for both foreign and domestic.
Pig iron has been quiet
for bath Scotch and American, and the former especially has
developed weakness, though without showing any quotable
change in particular; No. 1 American is quoted nominally at
?26@$27 and Glengarnock at $2.')@$26. Rails have been very
^uiet at $56@f.58 nominally for Amerioan steel, $48@$50 for
iron and $30 @$32 for old. Pig tin has been quiet at 25c. for
Btraits
plates have sold moderately at rather weak prices,
;
especially for coke.
Strained rosin has been quiet at $2 30. Spirits turpentine
has
been firmer of late at 52j6c. Leather has sold pretty well
at
steady prices. Hides have been fairly active and firmer.
Lard
oil has fallen to Sfl®90c. for prime city.
Linseed oil has been
at 60®!;ic. Crude sperm oil has been lirm.-r at
*, ?,?^t.
?I
05@?1 ^i?L"^
07J6.
Hops have been dull, weak and nominal.
Clover has been taUen moie freely for export
at steady prices.
Refined petroleum has been dull and lower
at 7%c. Manila
hemp has been quiet at lO^c. and Sisal has declined
to 5o.
Ocean freight!', at some decline in rates, have
latterly been
more activ..
grain shipments, with a fair business in petro-
m
Since Sept.
4006.503 1535.165 1201.830 3836,581 3579,054 3571,507
1.
Galveetan Includes Indianola; Charleston includes Port Koyal, &c. •
WiliclBgron tnoludes Morehead City. &c.; Norfolk includes City Point, &»
The
exports) for the week ending this evening reach a total
79,296 bales, of which 62,295 were to Great Britain, 130 t#
France and 16,871 to rest of the Continent, while the stocks aa
made up this evening are now 1,078,789 bal&s. Below are the
exports for the week and since September 1. 1881.
of
1
Wtek Ending
Oreat
France
Biit'ii.
Qalvoston
Sew
Orleana..
Mobile
Feb.
H.
New York
Sept.
2.982
Continent.
3,570
2,364
12 288
4,8U9
2,100
«6«
2,>1U
6,320
1,606!
Totnl
Week.
6,532
14,650
6 009
7,20'
4,515
1
S.'JSI
8,253,
14.371
Boston
8,059
Bitltimore
Phlladelp'a,t<
2,34J
8,;
IS
2,052
2,100
00
1.
1831. to Feb.
W. 188S
Exported *o—
Florida
daTanniih
CharlostOD *..
Wilmington...
Norfolk
From
Exported to—
BxporU
17.483
Ointi-
(ireat
Brltam. France
121,0311
13,777
nen.t.
4S,5
11
38S,270 170,480
10 005
6,31,^
3.000
110,032 15,43
127.214 18.38-.
153,681
49,3,)2
1,430
2 io,2i'n
22S.864
14 '..738
29,580
3,90s
271.20*
102.021
247,5M
2.5S0
S.310
15,310
IT.bJI
45S30
50.001
248,«8»
291,84S
go.oeB
78,109
36,27>
3,231
6,B
SO.Oi!!
1
4.141
48.708
33,0 ;»
24.70!
3,1011
184,007
711,431
200
Total
62.'.;95
130
10,871
79,39ii 1,452,2 .'3 2i;.»28
543,233 3.211,374
Total isso-si
BO.SOtI 1S.374
IS 74"
B'Mi >1.Si«l4t'l
1.VI Til>'a.«(1.^.5(»
locludai exporta from Port Boval. &c.
377.311
FcDRVinT
THE CHttONICLP*
33, 1863. J
In addition to above eiportd, nar tnlpgrniu to-niKht also mTs
amoants of cotton on ahlpboard, not cleared, at
<ta the following
On
!l!
ShipboanI, not elearttl—/or
Onal
Coast-
7.907 33.101
None.
Nana.
None.
8.253
Nono.
0,300
Nono. 19.900
Nono.
Nono.
1,000
None.
Nono.
None.
21
None.
7^907 71,614
ArUaln.
Other
Franee. Foreign
Vew Orleans....
33.2r,4
Molille
7.330
8,029
8,500
4,089
14.773
5.900
9,000
(jriArk'ston
BavHiinah
Salveatoo
Morfolk
ew
York
Other porta
205.9.14
26.882
42,879
1,000
7.350
17,232
21,200
24.932
14,773
e.uoo
6.000
5,717
172.743
3.400
943
None.
None
i9:
br
fo«b
CO
Total 1881
Total 1880
The
97,731
83,373
....
"
17.542
7.186
60.889
78,823
week was broken by a
65,.>42
deliveries,
to
«:
Oi^O
640,833
215,108
109,4 69
tuv
I
».-!
01 -jiO
OOID
I
SI.<1
I
day of the past week.
Ordln'v.yik 8l5i« 815,« 8I»,f, 8»i«l
Strict Ord.. 9>«
O't
«%
9<t
Oooil Orrt.. lOS,. 10»m 10i,« I0«i,
M — eo
«tr. (i\\ Ord
LowMi.MV
10%
10%
10%
ll»i«
113,8
113l«
11
fl3,«
.93,
9%
9%
10»,«
11
Il'l8
10»18
11
10<»18
11
g
etr.I/wMiil 117,6 ll'« 1U,« Hli„!lllll« lulia mi,
Mlddllug... 11»8
11=8
U's U'« U's ll''«
11»S
12i«
12"4
Uoort Mid.. 12
12
12
12H I214
«tr.OMMld 12 >4 12>4 12'4 12>a 1219 I2is 121,
Midd-gFair 12:k 12% 12% 13
13
13
13
Fair...
I319
13 "s
13% 13% 13% 13%
13>s
Wed Tb. Fn. Wed Th.
10% !io%
a
n
Middling...
GhKKl .Mkl..
O'd
11»8
12
12
.Mid
I214
1214
If idd'g Fair
112%
il2%
13>,
Il3is
Btr.
Fair
Oood Ordinary
I
t>
low Middling
MlddUng
ll'lfl
117i»
I214
121s
13
13
13%
13%
lOSie
11'I8
iiV
IIT,
8i«
913
10»,«
1214
1211
a W
13
13
13%
13%
13
Holi-
day.
e."
1
ICIO
».M
tCo
lOK
».»
I
tc
MM
toco
I
I
I
».>-
WW
» to
19
wwO
00©
ccco
Sf
MM©
70
I
s
I
«:
M
MM©
Ooi
M*.
I
«»
M>-^
totcS
ciei©
wot
eo«M
«»»•
MmV
I
(010©
<
01©
l^ll>>©
OIW
I
».-
tOM©
©to©
I
«.t«
©©©
©QO
9
too
9PM
MM©
MM©
~ito
I
MMrfk
I
MMJJ
00 Ot
to to
l«
I
;!s
M,l©
.
ccto©
I
wu
toto
to to
I
©o
00©
OtOB
ceo
o>i
0000
S
to to
;
»©
WW©
e.*
OOP
«,*
I
MMqo
toto©
toto
m"S
I
wto
»IOC
03©
®.-
tcio
&3CO
00 qp
I
10 CO*
©Cd
MtO
MMia
toto©
w<^©
WIO©
n
ool
«.-
Frt.
qtoo
lilt's
I214
mW
9
mmm
•7
13%
Ain> SALES
I
«
I
-70
<•
lis
cow©
Fri.
81a
shT
9i»
91a
lOSie 103i«
11»I8 11318
rx
9."
I
WW
MO
tow
a©
uto
Il2'«
il3
13%
8I9
919
lOSie
ll»i«
81a
913
10»,8
1
12%
non Tnea Wed Th.
llUia ">I8
MABSBT
II'b
1214
1241
•<=
I
10*^
CO?
10 to,.,
00
to
Il"l6ll''l8
o
n
WOOM
S."
koto
WW
CO
9%
ll'^a
tOWO
OS to
UV
12>4
llV
Ell"
10..,
ll's
1214
1213
toroo
lUlull'IlB
1U..8
uilie
Sat.
V
11
SOI
MMm
toto©
I
tatco
I
STAISEU.
Strict lK>o<l Ordinary
11
«.u
I
OJtO
tOh3
tOtO
k9(0
03l8
Ill3l8 |113,«
|in,e |ll7ig
11»8
9%
10»i8
WTed Th.
I
•a
93,8
10»,„
FrI.
I
I
I
81S I8i 9>»18
9i«'
91a'
Ordin'v.yft
Strict Ord.
Good Ord.
Str. GVl Ord
Iiow Midd'K
Btr.L'wJlid
93|8
9%
I
I
«oO
TEXAS.
93-«
©a
O>XI0
«?•
66
(0»
1-tO
Oor.|o
IdOD Toes Sat. non. Toe*
9%
00 QO
8.a>
66°
.J a
'0
NEW ORLEANS.
Sat.
(DID
I
•A
UPLANDa.
Hou Taen
I
«1M
tooco
—
•
«).»
ii
and as they did not prove formidable, the
Sat.
22^
close
4,823 bales, including 2.686 for export, 1,987 for consumption,
in transit. Of the above,
bales
150 for speculation and
ware to arrive. The following are the ofScial quotations and
Ftb. 24
Si:
7i:(!,0I7
day the market was steadier, middling nplands closing at ll%o.
The total sales for forward delivery for the week are 729.300
bales. For immediate delivery the total sales foot up this week
Feb. 18 /o
l«:
r...
I
906.016
decline of yesterday was fully recovered. Cotton on the spot
kas remained qui»t, and prices are nominally unchanged. To-
«alea for ^iach
'a.
»
CD
Si
09.3,')7
Wednesday. The specnlation in
a oonsidnrable show of strength to prices. The small receipts at
the ports, and the general acceptance of reduced crop estimates
•aastid some of the bnll party to recover confidence, and prices
aontinned 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
•harply, and on Thursday when the market re-opened there was
a semi-panic caused by the proposal of short-time at Manchester, 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
Uarcb
5-
6
45.481
34.497
330.417
holiday on
fotnres opened Saturday with
basinesii of the
a^iiff
tOgl
Si;
29,940
30.087
-flSfss
3'4©5-
03
I
87,505
Total
i
•^1
74,3.'S0
350
ill*
mmm
Stock.
Total.
wt«e.
if 111!
f
ItaHng
AT—
233
II
the portM oamud. We add similar fl^arm* for New York, whioh
•*re prepared for oar special a.se by Mwetrs Carey, Tale &
Lambert. 60 Beaver Street.
F«B. 24,
«
«
8
J
Septetn
•Includes Bnle8 tn September, 1881, for September. 314.000
ber-Ootober (or Ocrober. 416.400; SeptemlwrNovembor for November,
l,47:t,100;
for
December,
September511,200: September December
January for January, 4,252,500; also saleii for J,tnuary, 1883, 100.
Transferable Orders—Saturday. ll'65c. ; Monday, ll-65o.: Tuetday,
ll-40c.; Friday, H-55o.
11-55C.; Wedneiday,
; TUuraday,
:
The following exchanges have been made dnring the week:
BALi» or SFOI AKO TRAKSIT.
arOT MARKET
CLOSKD,
sSM.. Firm..
Mon.
Quiet.
Tucs. DuU..
Sx-
Oon-
port. $ump.
307;
1,705
474I
HoU
TIlun Eoaier.
200
.Firmer.
Total
2.680
tU.
2«7
311
283
Wed.
9H.
Opee-
ufrn
889
535
150
1.987
LtO
Total.
Bale*.
Dellv
trie:
571 127,100
2.016 100.500
750 131,600
400
500
800
'16 p4. to excb. 300 May for Jane.
-16 pd. to exoli. 100 May for Jan*.
•37 pd. to exch. 1.000 Mar. for May.
81 pd. to excb. 1,000 Mar. for Aug.
THI
VifliBLB
telegraph,
day.
789 193,700
176.400
300
300
4.823 729.300
1.800
tI85
The
dally doUverte.1 glvea above are actually doll ve red tha
vloua to tliiu on wtiloii tUay are reoortel.
day
prr-
ia
SuppLT or Cotton, as made np by cable and
The Continental stocks are the flgrins
as follows.
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; h«ooe. to make the totals the
complete figures for to-night (Feb. 34) we add the item of ezpc -is
from the United States, inclndW in it tha exports of Fridar om.".
Thi Salw axd Peicss or
FirrtmBa are shown by the foUowccmprehensive table. In this statement will be loond the
4*ily market, the prices of sales for each month each day, an(*
Ifig
the closing
bids, in addition to the daily
and
totitl sales.
•33 pd. to exoh. 500 Nov. for April.
-19 pd. to exoli. 2,000 Mar. for Apr.
37 pd. to exeh. 500 Mar. for Mar.
Btoekat UrenKKd
Btiokat London
bales.
Total Qreat Britain (took
.
1882.
742.000
51.500
713,000
46.000
I8SO.
511.000
29.855
187».
Sie.OO*
793,900
759,000
S40,tt9S
&74.50*
1981.
58,M«
—
THE CHRONICLE.
231
IS 30.
1870.
137,000
4.5S0
29.300
43,670
150.500
3,000
19,500
5,500
21.000
42,750
8,500
3.500
C.OOO
I.-ISI.
1882.
151.000
3.010
38.000
BtoekatHavre
Block at Mnraellles
Btook at Barcelona
Stock 111 HamDarc
Block at Bremen
Stock at Ametfirdam
Stoek at Eotterrtam
Btockat Antwerp
Btoo at other oonti'ntal ports.
1,182
1.S.78 4
516
1,080
3,000
19,620
25,100
1,002
1,100
7,830
881
600
G,910
2,417
259,686
242,354.
115,675
260.250
Total Eoropean stocks.. .1,053,186 1,001,354
656.330
118.763
510,728
40.335
963.486
316.972
16,000
8a4,7oO
105,000
Itotaloontlnental ports....
2.-100
3,.50O
30,200
16.CC0
29,100
30,000
M8.000
216,000
353,000
51,000
^^Bra"il"tc.,afltforE'r'pe
In lJnt«d States ports .l,078.7s9
ftockin U.S. interior ports... 327,630
11,500
United St»te8 exports to-day..
India cotton afloat for Europe.
Amer'noottoB afloat for Eur'pe
573.000
34.000
861.941
284.155
16,000
SSS
ISf We have revised the figures of stocks and the receipts
from plantations on the ba.sis of the stocks at the twenty-six
Hereinterior towns given in the table of interior movement.
tofore it has been made up on the basis of the nineteen old
towns.
KECElrlS FKOM PLANTATIONS.
655.0f
22,000
796.906
170,438
18,000
Wet)l
Of Uieaoove.tlie totals of Ajnerloan and other desoriptlous areas
5.-i6.000
526,000
158,000
35<.000
Liverpool stock
Omtinental stocks
AmwlcanaUoat for Europe....
382,000
103,000
192,000
578,000
864,941
284,155
16,000
1,078.789
Dnited States stook
OnltedStates interior stocks.. 327.630
14,500
to-day..
exports
States
United
•'
follont:
965,486
316.972
16,000
7i'6.906
170,438
18,000
*•
I
13
I
Continental stocks
tndia afloat (or Europe
Bgypt, Brazil, Ac, alloat
129.000
29.655
12,673
118,763
46.335
157,000
46.000
50,354
148,000
31,000
210,000
51,500
101,636
246,000
51,000
126,000
58.500
38.250
103.000
22,006
Total East India, &o
Sotal American
666.186
433.354
336,428
349.750
2,457,919 2,491,090 2,294,186 2,252,344
Total Visible supply
Prloe Mid. Upl., Liverpool
3.124.103 2,926.450 2,630,611 2,602,091
t^TThe
6%(l.
67,8rt.
5'-'8'.
7»](j:i.
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 as compared with the same date of 1881,
an increase of 493,491 bales as compared with the corresponding date of 1880 and an increase of 522,011 bales as compared with 1879.
At tub Interior Towns the movement^-that is the receipts
for the week and since 8ept. 1, the shipments for ;;he week, and
the stocks to-night, and the same items for thf corresponding
period of 1880-81— is .set out in detail in the following statement:
O
E E
IT
-!
£r
o
ra :;
= =iS5 = S.:
o
B 5 - S^- ^
W^o'"
So',.
.
"!
.
so
,
1"m*^«?1
*-5;
;3)P"
.'—
O
.
445.53C 2J5,0n|272.319 286,513
3J 3.187 457.024 S30.1 21 (254.835 213,343
187.191
1I?,.3«3
10
116,831
17
24
115,807
102.695
383,025 468,586 144,98o:205.0T3 206 370
387,864 453,659 IJS.422 85,374 139,508
319.550 485,050 130.812 101,490 98,259
138.8;9 00,990 383.B'J3 309,202 410 C43 n5,'i9l 139,5HI 83,US3
1-35,070 92.081 SSO.IOl 306.321 100.968! 139,980 122,129 74,024
147.129 95,017 882,531 3l7,8e6;390,019 108.198 158,674 84,090
133.723 8e,779'S-l,68) SI3.837j3S0.528 108.98!) 129,604 77,908
U'i.fSS 72,081 301,707 312.550 872,; 54 95.349 115,232 C3,»57
13*,S59 e0.1C0'341.022l317.r8{!!382,430 92.310 H 3.397 50.138
1
The above statement shows
1. That the total receipts from the
plantations since Sept. 1 in
1881-82 were 4,323,513 bales; in 1880-81 were 4,813,915 bales; in
1879-80 were 4,527,844 bales.
2. That, although the receipts at the out-ports the past week
were 60,160 bales, the actual movement from plantations was
only 50,136 bales, the balance being taken from the stocks at
Last year the receipts from the plantathe interior towns.
tions for the same week were 143,397 bales and for ISSO they
were 92.310 bales.
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
continue this statement hereafter bringing it down to the close
of each week.
1881-82.
It.,
'z.,
Total receipts from plantations
Net overliind to Fehruary 1
Soullieru conBumi)Uou to Februarj* 1
fisl
r;
,
1880-81.
Total iu sight
4,323,313 4,813,915
337,278 374,5)19
125,000 110,0(jO
4,785,791
be seen by the above that tlie decrease in amount
to-night, as compared with last year, is £ 12,043 Imles.
It will
a OT to c^ ^1 -
ar
1
Cj-.|t»astot3ic&3aD
i-iciTl-
Si
lO-iK-OK-On-
lOM
u
^ i; c *) »-
*• OO
O
'.D
,*-
U) ^-
CI
u
1*^
^f;J?i:^t:'-'"-^csoccia,oioiM-jooi»i
C5«^cp*jc:i-i*fc4*'jciaati»Ci*fcOiCicio
able.
CiCi
JO
"S = «»
owarxwco ^ ^*7*«£^''^''^T^C'Qr)Ci
— CMOCItf-UCO
»-cKii-aiOi.coiot£c;oo^cCtti3clco
,"?.' °; 95
^^
W<IWCI
••
CI
QC
O'OsVoo'^OCT
00 10 00 to 00 too
teci
»-
o;
—
X r- C CI CI
"J" .'J
jetcc*. X c i(^ e -.a c
c.
y S S 9 Z; H:
CillOOlChtc
>>3
.-00
o-A|:|osi<ihoi-— .qoo«Jocn-4-j
8
§CCO^ICCi(-00
hS «o
!';
''J
icic c. tc o) oi
S"" <5 «
Average thermometer 62, highest 74 and lowest 49.
Indiaiiola, Texas.— It has drizzled on one day of the past
week, the rainfall reaching but one hundredth of an inch.
There is some plowing going on in the uplands, but none in
bottoms. Average thermometer 66, highest 79 and lowest 50.
Dallas, .7Va;as.— Telegram not received.
tions.
SSS
^^ '=" '* 'i'^
00
2
a CI
S
I-
to
CI
M o
2— Jl-l o
tO03t0»-H.^C.
CiiCCips
O'^CCCwV'ik
Vt
.-lUIC^tCCCi
I-
f:y:ii?5!=25S
CI tv 1^,1^000 CI
citch-i^oooct
-.1
.vi
OUuc:i-i|«
»*
—
00 HI
•
This yiar's
tc^W4^
*'\ aj's'ai'KCi'btottV
'*^
—
'-.J ...-.x n^ry^r
'r'l^'ci'tw'
-.wZ.5ri2.t::;i,Xisr7J^*-is:iH'---citw^i
I
I
JDiO
^co
.=^5-
2
50*l*I,-C0,fkH
Brenham, Texas. The weather has been warm and dry
during the past week, but as the week closes it looks threatening. Some farm work ia progressing on the uplands, but the
streams are still overflowed. The thermometer has ranged from
49 to 75, averaging 60.
Palestine, T.-:xas.— 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
to 76.
lijcurcs
estimated.
^^^t^ ^^^
the
that the old interior stocks have
deweek 9.231 bales, and are to-night
43 475
at the same period list year.
The Receipts at
=^*'*26 bales lels than the
"^r ^""T '^"* ^u*"^"
^^,P^} *•>« ™««Pt» at a!' the towns are
'^7«nfi^'.i*°7
*'T
277,804 bales less
than fur the
same time in 1880-81.
^eased durmg
bales more than
,
Galveston, Texas.— "We have had showers on two days of the
past week, the rainfall reaching thirty- three hundredths of an
inch. Plowing has been resumed to some eitent, but the ground
is still very wet, and the lowlands are overflowed in many sec-
C
tCM
-to"i«cjia5oi"o"-J
KJ
in sight
We-atheb Reports by Tbleoraph. The rainfall has in general
been less at the South during the past week, but the overflowing^
of the rivers and the interruption of railroad travel has in
some measure interfered with crop movements in the West and
Southwest. Otherwise the conditions have been more favor-
"l-K^'^^**^^^^"Wl^C*30C^CCC^
« C'lf-pP'?^ ^"S"- f^ '.0 O O ^ -J ^ O
^. ? K ? t" li-'oo '«""- QO C frtS *.'- 01 CI W'--
W V
208,834
—
WW-*:.!©
oi-.4*-i.oOO;c»*-c5Qo,-oc;"-.iO"-if*tcco:;«
^1_-
-'83.
Rfceipts at the ports to February 24
bales. 4,006.508 4,535,165
Interior utocks iu cKcess of Sept. 1 ou Feb. 24
317,005 278.750
rt
c - —tiro O <
'81
Tl'-'bO.|'8C-'81.
207.301 2S7.9S0|2Ol,8.r5 390.471
164,306 198.435 195.808 881,153
119.48B 11D,7.'» 133,429 375,089
129,489 129,604 ill,868 ST8.412
16b,28j
20
27
Feb 8
Towtis. Rec^pUfroin Plant'ru,
'80-'»l.l'81.'82
818.907 238,4-,'0!236,C76 307.951
"
"
Umdonstook
SVh atlnterioT
231.M« 2iS.IS7l23a.S4i 341.ljl7i30»,003 4\5,59» 265.078 2:6,723 2C5.867
"
2,457,010 2,191,096 2,291,186 2,252 344
Scat ItutimiiBrasit, (tc,—
verpool stook
....
"
••
Total American
9
18
ZS
"
SO
Jan. 6
390,000
222,000
655,000
510.7-'8
Receipts at the Ports.
;»-'so. «0-'81, '81-'e2,
3,124,103 2.026.450 2.630,614 2,602,094
supply
XXXIV
tLan another, at the expense of the interior stocks. "We reach,
therefore, a safer eoncmsion through a comparative statement
In reply to frequent inquiries we will add
like the following.
that these iigures, of course, do not include overland receijjta or
Southern consumption; they are simply a statement ot the
weekly movement from the plantations of that part of the crop
which finally reaches the market throug-h the out-ports.
Dec.
Ttotal visible
[Vol.
«*">«;
W
Sweek
Bbokipto prom thb Plantations.—
The
pregaredfor the purpose of indicating the
following table i..
actual movfment each
Receipts at the outporti are some
^ta^'!;^-"'/''?^'*'"*"^''Jllmea misleading, as they are
made up more largely one
y^ar
—
New Orleans, Tjovisiana. It has rained on one day of the
t«st week, the rainfall reaching two hundredths of an inch.
The thermometer has averaged
—
65.
Shreteport, 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 has ranged from 37 to 78.
Vicksburg, Mississippi. It has rained on three days of the
past week. The threatening waters retarded planting.
Columbu.% Mississippi. We have had rain on one day of
the past week, the rainfall reaching flfty-two hundredths of an
inch. Average thermometer 61, highest 76 and lowest 40.
—
—
PuBUABT
Rock, Arkaruvcui.—\t Lm buen clondjr on thrive da,v» of
week, with rain on mm day, and »hi« rcniainder of the
Tho th'TinoiiiHter hast ranged from '29 Ui
Little
tbe
THE CHRONIOLE.
86, laea.j
[>Mft
wi>ek has bamx rl«nr.
74, STfrasfinif ull, and thu rainfall rwached forty-llvtihutidrt'dths
*
offtuhuiU.
^a.s/io/Ue.Tennfi-see.— It has rained on two days durinj? thw
pa.st wi'flv.
Thi' thermomi'tMr has averaged 53, ranKini; from 81
to 71, and the rainfall reauhed one Inoh and twenly-tiree hundredths.
Mobile, Ahibainn.—li was nhowery on three days the earlypart of thf i)a.st week, but th" latter poriion haa been clear and
'Iho thermom>!ti<r ha-sranfced from 41 to 70, averaef>lea-<ant.
Qg Gl, and the rainfall reaoh'Hl thirteen haudrudth!) of an inch.
Montijomery, Alabama.— H has rained on one day of tht;
past wenk, and the balance of the week has been pleasant and
cold. The rainfall reauhed thirty-five hundredths of an inch.
The thermometer has averaged (il, the highest being 70 and the
Kluso.t & Co.'a CiKcuLAK ro» FcMUiuir.—
We b«rf tUa
week received Mr. Ellieon'a droular, da'ed February
9, and
take from It the following review of the omrHe
of the nuiiket
since his previous circular.
OOtnWE or THE LIVUIPOOL MAUIT, JAB.
1
TO PEB.
».
market closed quietly at the end nf December, hat an
imoroveraent was expected after the holldsrs. This anfWp*fion, however, was not renllxed.
New Y..rk was f.-t-ble. and
spinners operated sparingly. The t<ine, therefore,
was we»k,
and on the Gth January the rates current showed a decline of
l-16d. on the spot and 3-32d to '4d. for futures compared
with
the prices quoted on the 81st December. During the
subwiqufnt fortnight confidence revived, o*ing to the support
given
by the reduced scale of receipts to the smaller crop estlinatee,
and
to
an
increased
demand
from spinners in eonseqnence of a
luwe.st 37.
Selma, Alabama.— Wo ha.i rain on one day the early part of little more activity in Manchester The result was a good
business,
accompanied
by
an advance of a-l6d. on the »pot and
the past week, but the latt«r portion has been clear and
¥leasant. The rainfall reached thirty hundredths of an inch. /to. to »-32d. for futures, near positioas f/^uohing 6Hd. and
distant
7d.
These
prices
brought out selUrs and drove away
he thermometer has averaged 58.
buyere, and between the 19th and 23rd January there
MadUon, Florida.—Telegnxa not received.
wa« i
Macon, Georgia.— Wa have had rain on one day of the past fall of l-16d. on the spot and 5<d. to r>-32d. in future*. The
week. The thermometer has ranged from 3.5 to 7.'>, averaging 57. greater part of this fall waa recovered between the 23rd and
C'o/um6M.«, (?eor.7ia.- -It has rained on one day during the 28th of the month on the strength of the continued small
receipts at the American ports; but there was no reHponse
pa.st week, the rainfall reaching sixteen hundredths of an inch.
from Manchester, and with liberal supplies from India and
Average thermometer Gti, highest 70 and lowest 48.
Savannah, Georgia. It has rained very lightly on one day other countries, the opinion was growing that, even with a
of the past week, and the balance of the we"ek has been small American crop, there would be no scarcity of cotton.
pleasant. The rainfall reached one hundredth of an inch. Moreover, the absolutely stagnant, not to say depressed,
condition of the Eastern markets created an
The thermometer has ranged from 42 to 78, averaging 61.
impression
Augimta, Georgia.— It has rained lightly on two days of the that production had overtaken consumption, and that
ere
long the mills might find it necessary to curtail the
past week. The weather has been cool and pleasant. The rainfall reauhed nineteen hundredths of an inch.
Average ther- out-turn of yarns and goods. Moreover, tlie confidence of
operators
was shaken by the outbreak of a financial panic at
mometer 60, highest 78 and lowest 34.
Atlanta, Georgia.— ibe past week has been favorable for Pans, which, by leading to large withdrawals of gold from
farm operations. The rainfall reached one inch and forty-one London, cau.sed the Bank rate of discount to be put up to 6 per
The upshot was a preponderance of sellers, and a
hundredths. The thermometer has averaged 52-6, ranging from cent.
decline of l-16d. to ^d. in spots and %d. to 5-32d. in futures,
S3 to 72.
Charleston, South Carolina. We have had no rain during between the 28th and aist of the month. Daring the snbsethe past week. The thermometer has averaged 60, the highest quMt three days confidence gradually revived in sympathy
with the subsidence of the panic in Paris, and " futures" recovbofaig 78 and the lowest 43.
The following statement we have also received by telegraph, ered 3-32d. Since then the general tendency has been in
Aowing the height of the rivers at the points named at 3 o'clock favor of buyers, owing to the weakness displayed by New York,
and the final prices are ^^d. to 3-16d. on the spot and 5-33d. to
February 23, 1882, and February 24. 1881.
3-16d. in futures lower than on the 3d inst., or %A. on the spot
and 3-32d. to %di. for futures lower than at the end of DecemFeb. 23, '82 Feb. 24, '81.
Tlie
—
—
ber.
Feet.
New Orleans
Above til»U-watormark
Above low-water mark.
Above lnw-wa:cr mark.
Above low-water mark.
Above low-watermark.
Dpbis
liTtlle
ort
ant
Inch.
Feet.
11
11
13
2
31
9
10
1
31
34
10
31
44
3
5
29
23
39
Inch.
II
New Orleans reported
below high-water mark of 1871 until
Sept. 9, 1874, when the xero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871. or Hi feet above low-water mark at that point.
New SBCBETARr of the National
New Orleans Tiines-Demonral gives
Corros Exchasge.—The
the following correspond«noe. We regret that Mr. Hester has found it nece.s.sarr to
his
resign
position as Secretary of the National Cotton* Exchange. He has been a very eflieient and capable oflJcer.
New Orlkaxs, Feb. 17, 1S82
„ .
„ ,
.
Jlon. Louis Bima. I'rcgulrnI SatinnnI Cotlun Kxehriiif/e:
.
Bin— In
acocirdaneo wlUi
my
verbal not iiw to you, i?[von in the carlv
van of Dceeinbor liu't. I now bCK to tender my rpslgnation of the seei-er the National Cotton Kxclianue of America. I needharillv
10 rclnctanre with which I sever my connection with
vonV
J
und the step la taken <mly after lonu aelil)cialion aiid a
,-,
^nvlctiori of the lnirns*ih(lily of devoting to the olBce the
~>coiipied bv the more pi< wmtf duties of mv nositiou as Sccreipcriiilondent of the New Orleans Cotton Kxchan",Kmetosay that while unable to attend to the scciet.in-»hip of
roiir l^xehaiittc. I shall lie ploas.^d to render any a»ai.-itanee
toward
turtlitrinx the objcrts or cnhaneini; the Interests of the
National Cotton
'"'1 1" '"10 of tli9 orixinators of the Institution shall
at all
myself lu readiness to render it such servltw; as may lie
power.
Your obedient servant.
IlENRT G. HlSTER.
'"=* ^''"^'•«' ^o''- ^^- ^^SS.
Mr. n. O. ire.Ur. Ke^ OHra,,.:
Dear .Siu— Your commuiiiration of ycst«r<lar. tcnderlne vour reslirn»t oil iw Secretary of the National Cotton Exehonw.h.a« Iweu reoelved
While :,.l,nitt,i,- the imperative iieecisity which urites you to
tender
iillow me to say that It is ac-epted with
roiir
sincere regret.
>-^
"f theL.veciitive Cuncil with whom you arc
acquainted
"•«»' r^iret that you should lie compelled to rosiwJ, and
;
$f>^:-pletuiure when Beverfiig oar olHeial relations to
Bokuowledtrc
lu^t.fL'^
the BblTlty, aocorooy and elHclency with which you have executed voiir
trust, which recojniltlon, I am sure, will bo presenteil
to yon In a more
authoritative mauuor at the next sosalon of the National
Oottoii Ex1.
.
1
•
1
With great respect,
I
remain, dear
»lr,
•
yonr olirdlont servant.
Loi.is Bisii. President.
The final quotations on the spot compared with those of
December 31 show a fall in American of ?^d. for good ordinary, 3-16d. for low middling, and ^i^d. for the better grades.
Brazils are partially l-16d. lower.
Brown Egyptian has lost
Md. to ?2d. per lb and white ^d. per lb. Surats show a
decline of l-16d. to ^^d. for Broach. 3-16d. to Vid. for Dhollera
l-16d. for Comptah and "^d. to 3-16d. for
and Oomrawuttee,
Bengal.
.
The following is an account of the principal fluctuations in
the price of middling upland on the spot and for forward
delivery since the opening of the year :
Jnn.\Feb.-\Mar.\ Apr: Uoij iJ'tie- riy Aug\Mar.\Apr.,Uay. J' tie.] J'ly. Aug. Sept.
{Spoi. Feb.
18^1.
Dee. 31
iGSo
ISS'i.
Jan.
"
"
"
"
Feb.
lO'io
in
23
28
31
^'""
^°
Be pleated to si^lfy your acceptance
(
am,
sir,
or refusal of the trust
your otiedieut servant.
Louis Bfsu, President.
Bon. Louis Bush, President Xalional Cullon Ki^hnngt-
*"'''
^^' ^^^'^'
Dear Siit-Tho appolnlnient to the secretaryship .if the National Cotton KxelmiiKe. tenilered in y.iur oininunlcatloo of this d.ite.
is accepted
"!.' ™'!'' •"''•a'"''"""'""''"'''''" and assistance prolToi^a by
;.
the r«llrli.«
Becretarj-. Mr. Henry G. Hester, I hope to fulfli tho
duYles of
the position.
aoepAslfuUv yours.
«
,
M.
C.
Parkir.
o?i
6^
6Ui,
6-
«(>,,,
'o":..:.'n5i:,..
(;ii,,.V>%
7'32
^
i6«8
<>'lG
3
ItiSg
9
'6I9
eaigj tiai^-j «-•
6I9 161752 Cl
••
li'l*
•.Ij'eia,,
COUBaE OP THE MANCKBSTEB MARKET, JAN. 1 TO FEB.
9.
The market opened quietly and
yam
prices gave way J^d. in
and l^d. to 3d. per piece in shirtings. The fall induced more
business, especially as cotton was hardening, and the decline
w^as 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 %A. to ^d. in yam and l^d. to 3d. in shirtings from
the rates current at the close of December.
MOVESraifra DCRI5a
The
the
the season,
OCT. 1 TO JAN. 31.
and Continental spinners dnrinj^
four months of the season compare as follows with ihe
deliveries to Engli.sh
first
figures for the corresponding period of last season
Qreal Britain.
appointed Secretary of the NaUounl Cotton
•'i-reb-v
61'
6«a
ai'ie
^^*' °''"*''*- ^«''- ^^- ^8«-Mr. narrUon C. Parl^er. .V<.. OrUan,:
Ukak .Stit— With tho approval and cononrrcnce of tho Executive
Ex^S^'
6Mn
6l»38; 6»8
I
.5
1881-92.
No. of bales..
1380-81.
1830^1.
4J4
494,601.220
37S,41i,330
l.Mfl.OOO
1.001.000
938.000
1.081t.43O
(lbs)
442
Tot.wgbt(lbR)
Bales ot 400
D19.093.060
1.2:19.000
lbs
CoiiHnent
1881-8J.
914,290
438
400,459,030
1.174,430
Av.wght
:
851,3(M>
441
The present
rate of consumption we estimate at 70.000 bales
of 400 lbs. per week for Oreat ilritain, and at BS.OOO for
Continent ; against 67,000 to 08,000 for Great Britain, and
D4,000 to 55,000 for the Coutinent, twelve months ago.
Um
.
IHE CHRUPJICLE.
^4236
i-w_
ti,a
h.«i« nf the foreKoinsr estimates, the
movements
for
« follows.
th^^evtt'rw^eW tZ fe4 -^ latcompare
lbs..
weight o/400
in baUs 0/ the uniform
Oontinent.
Oreai Britain.
1881-82.
—
Bnrpliu stock, Oct. 1
DellTeriea to Jan. 31
1880-81.
1881-82.
27,000 •240,000
25,000
1,298,000 1,23U,000 1,001,000
1880-Sl.
112,000
938,000
1,323,000 1,263,000 1,241,000 1,050,000
980,000 92U,O00
1,190,000 1,149,000
•,-••
Bnpply
Cdiuumptioo, 17 weeu.
133,000
Surplat •took Jan- 31
114,000
251,000
124,000
PE0BPECT3.
over-scrapulous critics aifect to be
Certain ingenious and not
we calculated that, under
frarorised that whereas in October
do with au American crop
certain conditions, the world could
under rery different conditions, we
of 6 215 000 bales, in January,
sufficient; but
estimated that a crop of 5,500,000 bales would be
the grounds upon which the
they are not honest enough to state
purpose to
suit
their
two estimates were given. It does not
that a crop of 6,215,000 would
state that in October we said
world, and leave the stocks
give all the cotton required by the
as at the
the ports and at the mills at the close as large
opening of the season, that is, 1,488,000 bales, against 1,007.000
and that " it the stocks were
in 1880 and 673.000 in 1879;
reduced to the level touched at the close of September, 1880,
consumption, in
there would remain 481,000 bales available for
which case an American crop of 5,734,000 bales would suffice
straightfor the probable wants of he world." Nor are they
forward enough to say that in view of the then prospect of
supply we stated that whatever might be the fluctuations in
prices, the average would be rather under than over that of
m
the previous season, which was 6>^d.
Since October very important changes have taken place in
respect of both supply and consumption. The current estimates of the probable out-turn of the American crop are considerably 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 throughout the world ; the working up of old contracts has kept up an
appearance of activity, but the slow giving out of new contracts has made it impossible for producers to get an advance
and already stocks
in prices equivalent to the rise in cotton
are beginning to accumulate. The advance in prices has disclosed the fact that the enormous production of the past two
seasons has not yet gone into consumption whereas, if prices
;
XXXlV.
[Vol.
but in January we placed the -excess at only
did this on the ground that the rate of consumption would be restricted by the higher average range of
prices, while the wants of spinners in 1881-82 would also b«
diminished by the using up of some portion of the stocks at
the mills at the close of 1880-81. In this connection we may
state that a valued New England correspondent estimates that
the consumption of cotton in the production of mixed fabrics
than in 1880-81
35,000 bales.
;
We
(wool and cotton), which was exceptionally large last season,
will this season be reduced by at least 60,000 bales.
It should be borne in mind that our January estimates were
based on an American crop of 5,500,000 bales ; we believe, however, that the yield will come out much larger than this, and,
consequently, that the deliveries to both American and EuOur contention is
ropean spinners may exceed our estimates.
not that the crop will be so small as 5,500,000 bales, but that if
it should, as some say, not exceed this figure, there will, neverThe
theless, be plenty of cotton for the world's requirements.
nearer the crop is to 6,000,000 bales the lower will be the average price, and the greater the deliveries to consumers.
Jute Butts, Bagqiko, Etc.
—The market does not show much
Th»
activity, and the demand is only of a jobbing character.
jales are about 600 rolls, various grades, at full figures, and
market.
Large
lots
are
not
inquired for,
further orders are in
it is only when a low price is named that any business can
be done. Sellers are not disposed to make any concessions,
however, and continue to name 8Mc. for 1% lbs.. 9c for 1%
Butts are
lbs., 9Mc. for 2 lbs. and 10%c. for standard grades.
also dull, and we do not hear of any large transactions, while
in small parcels only a ii.oderate amount of business is doing.
and
There have been sales of 1,000 bales,
paper quality and 2%@3c. for bagging
in lots, at
qualities,
2%@2%c.
for
and the mar-
ket (loses steady at these quotations.
COMPAEATIVE PoET RECEIPTS AND DAILY CROP MOVEMENT.
comparison of the port movement by weeks is not accurate
as the weeks in different years do not end on the same day of
the month. We have consequently added to our other stand.ing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement each montb
since September 1, 1881. has been as follows:
A
Tear Beginning September
Uonthly
Receipts.
1880.
1881.
1879.
1878.
1.
1877.
1876.
;
;
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 diflEerent
fr»m 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 3rth in October :
had remained
Oct. to Uee.
Estimate for
Jan. to Sept.
184,000
166,000
115,000
1,210,000
280,000
3GO,0O0
AcVl imp't
East Indies
.
Sondrtes
465.000
Total for
Beastn.
1
October
estimate.
,424,000
1,1,50.000
446,000
475.000
450,000
360,000
2,345,000
1,960,000
Ayerage weight..
3931b.
4001b.
JI.Uesot4001bs..
2,304,000
1,900,000
1,880,000
here an increased probable supply of 344,000 bales
As prices, instead of sinking below 6>6d., have
advanced to 6%d. for spot cotton, and to 6%d. to 7d. for distant 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 September, 1880. In October we estimated the probable requirements of Europe at 128,400 bales per wees, 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
Eer week. Now, however, with the changed aspect of affairs
rought 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
of 400
688.
If
is
lbs.
,
we add 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
apparently required in October, leaves only 5,512,000 wanted
nnder 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 our October report we estimated the requirements of the
United States, Canada and Mexico at about 100,000 bales more
Deceinb'r
426,770 458,478
887,349 968,31fc
951,078 1,006,601
983,440 1,020,802
January
513,912'
Sept'mb'r
October.
N»vemb'r
.
571,701
333,643
888,492
942,272
956,464
647,140
288,81h;
689,261
779,237,
893,661
618,727
98,491
578,533
822,493
900,1111
689,610
236,868
675,200
901,392
787,769
500,680
Totalyear 3,741,549:4,025,800 3,763,011 3,269.740 3,039.246 3,101 969'
Pero'tage et tot. port
75-34
68-53
76-82
7352
71 08
receipts Jan. 3 1 ...
I
This statwneDt shows that up to Jaa. 31 the receipts at the
fmric thie year were 284,251 bales less than in 1880-81 and
26,462 bales less than at the same time in 1879-80. By addinj^
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
for the different years.
1881-82.
1880-81.
rot.Jn.3l 3,741,549 4,025,800
12,592
2l',962
Feb. 1....
" 2....
11,049
13.075
" S....
21,769
22,348
"
«
4....
10,059
6....
B.
'
6....
"
7....
16,697
14,970
12,207
13,350
19,496
10,622
" 8....
" 9....
"10....
"H....
"12....
"13....
" 14....
18....
15,440
10,750
9,647
9,389
16,183
8,707
19....
8.
20...
21....
12,725
13,626
22...
23...
5,341
5,712
24....
14,049
" 15....
" 16....
"
"
"
"
"
"
"
"
B.
17....
27,938
26.031
8.
20,763
23,435
18,721
17,049
27,671
29,688
8.
28,391
10,070
18,579
20,037
39,774
17,936
8.
26,27
15,760
16,873
22,963
1879-80.
3, 768,011
8.
22,580
20,351
15,208
15.582
21,929
11,289
8.
34.138
12,915
18,057
17,632
23,523
20,967
B.
23,239
18,058
14,386
21,991
16,663
20,960
8.
18,681
10,623
1878-79.
I87T-7S.
3,269,740 3,089,216
28.495
36.304
19,795
8.
8.
23,729
35,541
38,501
20,000
23,999
22,343
23,378
16,653
25,634
22,806
24,175
15,100
B.
S.
34,476
26,965
19,174
23.264
22,370
20,075
21,048
14,800
29,598
19.836
16,652
13,249
B.
8.
33,559
28,820
30,281
11,730
16,474
19,408
14,837
14,650
24,159
20,245
13,298
14,219
8.
S.
28,476
1876-77
,101 .OeS'
23,168
22,487
28,011
8.
29,732
25,353-
17,140
19,637
25,768
15,70»
8,
29,647
24,47&
11,948
20,474
19,536
11,673
8.
19,420
18,071
11,793
7,32»
18,965
8,89&
Total
4,006,508 4,496,615 4,149,097 3,768,291 3,498,924 3,510,508
Percentage of total
82-9.''.
86-93
84-73
8049
76-55
port rec'Dts Feb. 24
This statement shows that the receipts since Sept. 1 up to
now 490,107 bales less than they were to the same
day of the month in 1881 and 142,589 bales less than they were
to the same day of the mouth in 1880. We add to the table
the percentages of total port receipts which had be«n received t»
February 24 in each of uie years named.
to-night are
riCBBUABT
THE CHRONICLE.
as, 1888.1
—
PRi»i ALL I'oRTB
The IlKarBH whiob
ftra DOW c()llMt«d for as, ftnd fo,-ward«d bv Mble eaon Friday, of
the dhipinentfl from Calootte, Uadras, Tatioorin, C&rwar, Sk.,
enable om, in connection with our previously-received report from
Bombay, to furnish our readen* with a full and complete India
tint fdve the Bombay statement
novement for each weelt.
for the week and year, brining the figures down to Feb. 23.
MovBMKNT
Iirou CoTTOi*
We
BuMaAT RKCsirrs amo sHintKitni for rooR tkark.
ni pmenli
Brit'H.
ShipmeiUM ntue Jan.
thu week,
tamr Oreat Oontlnenl.
Qttal
Britain
ToM.
Oontinenl.
229.000
1C9.000
114.000
70.000
67,000
39,000
47.000
31.000
13,000 14.000,27,000
12.000 12,000
Thi*
Week.
Since
59.000
35.000
38,000
25.00U
SMpmentt IMs
Britain.
Sk^mentt
week.
Continent.
tinee
Total.
Britain.
LIvArpool
rib.
fcb.
nb.
I.
8,
lb.
150
|
Dreinen and Hauovar
January
1.
Totot
658
2e0|
12,000
1,000
8,000
40,000
47,000
69,000
59,000
11.000
27,000
21.000
3,000
12.000
2,000
8,6o6
lOO.OOf
lou.ooo
17,000
37,000
(1,000
10,000
The above totals for this week show that the movement from
the porta other than Bombay is 21,000 bales more than same
week last year. For the whole of India, therefore, the total shipnents this week and since Jan. 1, 1882, and for the corresponding
<ireeka and periods of the two previous years, are a.s follows.
XPORTS TO BOBOPE TtMU. ALL INDIA.
1882.
B'UwneniM
Europe
to all
Thi*
week.
from—
U
Bombay
Thit
week.
Sitiee
Jan.
1.
other p'rt«.
24,0O0i
229.000
109,000
IMal
46,000|
338,0O0l
22,000
1880.
1881.
Since
Jan.
TKi$
week.
1.
38J
8SS
180
17,631
25,205
1,895;
30,
1,827
2.144
150
502
74s
50
26.479
13,355
4,479
22,998
15.693
6.853
1,775
2,:i29
2,952
41,313
44,003
837
200
460
053
1.037
1,418
200
ZOO
deo
up
2.988 19,223i fl.HSO 17.453 2nl.M4.^ •278.4(V4
!
Xhb Following arb thb RsoBiprs or OorroN at New York,
Boston, Philadelphia and Baltimora (or the past week, a&d
September 1, 1831:
New York.
Boston.
from—
This
Since
This
Since
since
Receipts
i
|
week. 'Sept.
1.
Texa.i
3.154 '159.151
80.591
Sitvitnnuli
5.747(203.7591
S. Oi-l'aDs
M»bile...
FlKilda
.
.
S.Ciir'lin.i
NCar'llua
Virinnia..
.^(irth. pts
TonD..a:u.
Philadelphia.
ThU
week. SepL
1,678
1.
Since
Baltimftre.
week. Sept. I.
This
Sine*
week. Sept. I.
203 29,393
870 52,351
1.676'
074 29,614
4,863
67'
7.01 G
2,238 12(l,"0y
2,111 55.91!)
1
2,629
74
1.5.-',71)
1.832
3.3V5 130.776
421
2,457
3,246
42,375
769
72.4.11
3,619,155,050
373 37,964
This year. 19,882 936,158 10,2i?4 306.009
578 67,367
Foreign
4 US*
18,214
17.918
C4,638
'289
15,400
3,2S5 168,573
Since
Jan.
1.
5,000
3,000
109.000
106,000
27,000
114,000
17.000
8.000
215,000
27,000
131.000
Total bate*.
Liverpool, oer ateaiuora .Abyssinia, 2,.583
1.051 . Citv of .Uoutreal. 2.734
City ol New York, 850
Donati. l.OiO
EuElaad,
Kbw York—To
Cataloiii.T, 2.96;(....Coltio.
AifD Ship.hbsts.
—^Through
2,048 ...Gallia, 516
arrangements
Til Olasgow, per Bteamere Ancborla. 297
India, 234
we have made with Messrs. Davies, Beoachi & Co., of Liverpool
To Havre, pur steamer Caiiiula. 130
and Alexandria, we now receive a weekly cable of the movements
To Breiue per steamer MoskI, 2,114
To Hatubiire, per steamers Lessiug. 37'*
Yaiidalia, 3S0..
of cotton at Alexandria, Egypt. The following are the receipts
Antwerp, per ateaiiK'r Vai\eiiHud, f>0
and shipments for the past week and for the ooiresponding week NbwToOKLEAN8—
To L.iverp"ol, persteaiiiors Australian, 6./20....
i,
of the previous two years.
Atexanftrift. Bnypt,
Feb. 23.
Eduardo, 5,000. ...E.tpanol, 3,0J0.... Explorer, 5.2J0
per bark Palermo, 2.518
1831-«2.
Baoolpt* (cantam*)—
This week....
Since Sept. 1
1379-80
1880-81.
4».000
60.000
2.617.0.10
ThU
week. Sept.
25,000
3,145.000
3,49<),00O
Since
I.
Thit
Since
week. Sept. 1.
Thit
Sitiee
week. Sept. 1
To Cronstjult, per bark Noel, 1,732
To Vera C'riiz, per steamer Whitney, 1.235
Ciiaklkstos— To Liveipiiol, per barks Eleanor, 2,357 Upland
....Regiiia, 800 Uplaml ami 22 Sea Island
Sel>astopol, per stiaaicr KIchmoud. 3.198
Cxportu (bales)—
... ....
1,500 "01 ..lOO
12,180 136,838
Liverpool, per barks Anina. 883
Fry, 1,580
Mozart. 1.103. ...Kimfaxe. l,835....Tamer», 1,798. ...per
brlK Emily Waters, l,Ojl
To Cork, for orders, per bark* Leviathan, 1,275
Seetrl,
ToUkl Europe
a oantar la 93
1
73,000 12,000 231.500
81,438 3,466 138,498
13,630 338.338 16,361 254,433 15,466 369,998
lbs.
bales.
—
HANOKBaTKR Markbt. Our report received from Manchesteto-night states that prices are steady for twists and shirtings,
bat that the market is idle. We give the prices of to-day below,
«nd leave previous weeks' prices for comparison:
d.
1>eo23
••
30
Jan. 6
" 13
••
20
< 2
Veb. 3
" 10
d
9^910
9^910
93g«10
93g410
»>9310
9H310
93gaiO
93e»10
••
1
938» rtTg
" 24 93s» g^e
8H
d.
a.
38
«3
U at
6 «8
6
U
Mill.
Vpllt
d
6:'i«
6»i
7'«»8
60(1
7>a»3
6 98
60b
6 «8
6'a
5 97 10>i
6 «7 10>i
32* Cop.
IwUt.
d.
d.
8<4 Ibi
Shirtings.
n.
d.
R.
d.
Ootfn
Mid
Upldt
d.
9j,aiQ 7
93 l"* 01I,«
93 m. «^
9Jb»10 7
9'e»io% 7 11*38 4^ 6^
9^91019
93g
7
9 ID'S 8
98
3
6O9
9^898 2Tp 6»i«
9^910>«
6 9''898
9Jg910i4
9^8 910^4
OOr 910>4
9>a 910>«
6 9^8 93
6 9^8 »8
t)10>s98
6 10>a98
2'«
»»«
2''s
2''b
fl»ifl
2'»
2'e
er'i,
«^ v^
64
"Fhb Biipobts op Oottos from New York this week show aa
inorease, as compared with last week, the total reaehing 17,S43
bales, against 6,689 bales last week.
Below we give our usual
table showing the exports of cotton from New York, and their
<iir«ctiou, for each of the last four weeks; also the total exports
9nd dir»'ctHon since September 1, 1881, and in the last eolamn
the total for the same period of the previoos year:
Knox, 8,56o
8,253
per
Ulll, :i,700
Baltimoke— To Bremen, per steamer Ijelpzlg. 1.975
To Rottovdam, per stoaracr Lord Jeffrey, 100
Boston— To Liverpool, per steamer* Qlamorgan, 1,635
Palmyra, ,503
Philaokli'IIIa—To LIveriiool, per stoamera Ohio, 1,000
12,268
1,975
lOO
2,138
Penn-
sylvania, 500
1,600
Total
The particulars of
form, are as follows:
80,381
tlie.se
ahipments, arranged in oar osnal
Crnn
Bremcti
Cork,
and
Sot-
for
Ham-
ler-
sUult <«
Sebas-
burg.
dam.
topol.
Cna.
Total.
1,73
1,235
n.*f>3
21.976
Liver-
York.. 13,t40
N. Orleans. 22.003
Cliarlesion.
3.179
8,232 2,931
Texas
Wilmington 2,412
Norfolk.... 12,263
Baltimore.
Boston
2,133
Phlla<lelp'tt
1,500
New
1880-81.
Ootfn
tbt.
8hirling$.
22,008
1,732
1,236
2,413
eckc, l,2t;9....So«terk, 1,143
MverixMl, per ship Oauer<il
Norfolk— To
pool, orders.
1881-82.
32« Cop.
TwitL
758
50
WiLMiNijTON— To LIveriHMl, per barks Conslantine vou Reln8,000
8,361
This statement shows that the receipts for the week ending
Feb. 2'i were 43,00J uantars and the shipments to all Europe
were 13.680
130
2.144
2,931
bark John
•
13.840
531
3.170
3,198
To
Texas— To
1,6.56
To Livorjiool.
'.TaCoiitineDt
3«
98 19.11.5 4,141 ie9..'i67
Shippiko News.— The exports ot cotton from the United
States the past week, as per latest mail returns, have reached
80,381 bales. So faras the Southern ports are coaoerned, these
are the same exports reported by telegraph, and published in
the Chrosiclb last Friday. With re^'ari to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week:
to date, at all India ports.
Albxandria RECRIPT8
2.'V,30«
9!i3
.
Orand Total
17,031
Last year. 28.163 821,331 19. 107'278. 41
This last statement affords a very interestinsr comparison of the
total movement for the week ending Feb. 23, and for the three
yeai-H
130
1,211
1,211
Spuln Op'rto, OlbralCr.&c
aU otbar
108.8M
0,140
.,
Total TO North. Europb
531
3073M
pui-ta
Total SPAIN,
1
17.188. 8,804 14,371 238,864
I
usa
Sept.
5,087
I
....
Ilaiiitiiirj^
Other
Total
tinet
r-b.
32.
1,342,
Other French porta....
Total Pren<oh
"<»rr.
'10,904 in,84e! 3,804 13.M40 222.il77
Other Brltlab porta
344.000
204,000
190,000
134.000
Continent.
Ortat
Stporledto—
Jan. I
Aooording to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of 24,000
h^m, and an increase in shipments of 17,000 bales, and the
hipmenta since January 1 show an increase of 120,000 t>altts.
The movement at Calcutta, Madras, Tuticorin, Carwar, &o., for
Ihe same week and years has been a^ follows.
•ALOUrTA, MAOBAS. TOTIOORIN. CARWAR, RANGOON AND KDRRACHBK.
Oreitt
237
Expoawor Oorroa (balrw from Maw Tors aiHoa
ir««* muUng—
Total to Oriat BarrAi* U,034
Harro
823
Reeetpli.
1
Total.
2-',000 15.\.000 74.000
1S82 23,000
h.OiM .%.()00 40.000 69.000
1881
Tear.
"
1
.
.
.
Ham.
130
Vera
2,;i02
3.1 US
100
1,975
130 4.977
Total... 65..397 2.931
Ineliuled in the above totals are, from
bales ami to Antwerp, 50 bales.
8..'J77
11.183
2,413
12.268
2.075
3.18
1,60
..
100 4,930
New York
1,233
80J81
to Ghiagow,
831
Below we give all news received to date of disasters to vessels
from United States ports, etc.:
AXEBIQUE, steamer (Kr.). from Now York, Fob. 1, arrived at Havre,
Fcb. 12, and reported having experienced heavy weather on the
8th and 9th. The tea ttllei her decks, and U waa (eared that her
cargo was dAmoeod.
Naplbs, steamer (Br.T, before reported. «r.-Mn .n !.• o, from 3.»tout in tte
annah, reported That daring the v
iilty.
Soiaa
(ore hatohwajr, and was extingJlsbe
a.earrive4aa
cetum waa thrown overbottfd and a.i-..'. .w^ .;
Bremen.
Foster, bark (Span.). NIoolan, fn>m New O le I'H noo. 9. for Bareek>B%
m PuihuUIphU tor
collided with bark Mixhele Pions.-'o ((.,il.
lanvwii, ato.
Ueuott, and pat into Ourthaifenu, Feu
oarryiuK' cotton
.'
:
.
I
....
.
..
.
..
..
.
THE CliEONlCLE.
238
[Vol.
The wheat market has been quite
Cotton freights the past week have beea as follows:
xxxiv.
unsettled, with not a little
and futures. There was a buoyFrl.
Wednes. Thurs.
Tiies.
3lon.
ant speculation on Monday, owing to an effort at Chicago
Sntnr.
toward a speculative " corner" on April contracts but this
3ja®'4 3i„Sl4
UTerpool.stoainrf. SiH'd I4 3i,S'4 3l6S'4
»18»>4
iniluence did not sustain values, and yesterday futures declined,
31,;® I4
3ie®%
gall.-.d.
3l0@'4
Do
3io®'4
'10'IB'
closing weak. At the reduction yesterday there was, howBane, «team....f.
''lo'
e.
Do sail
ever, a much more active business for export to Great Britain,
laa'
Bremen, steam, .c.
which was favored by a material reduction in the rates of ocean
c.
Bllll
Do
The Continent has
38'
38*
36'
freights from those current last week.
3a'
»b*
Sambur^, atcoiu.f/Receipts at the West are on a more
also purchased fairly.
saU...dDo
'le'
•IB'
A.mst'd'm, steoiii.r.
liberal scale, and the temper of speculation appears to have
8aU...('.
Do
weakened in the past few days. To-day there was a decided
38
38
38
38
38
d.
Baltic, steam
decline. No. 2 red winter closing at $1 32}^ for April and
Do sail
$1 32% for May.
Compressed.
Indian corn has shown but moderate fluctuations from day to
Liverpool. 'By cable from Liverpool, we have the followinij
day, and the changes for the week are but slight. The home
tatemeot of the week's sales, stocks. &e., at that port:
demand is large. Sections of the country that usually have
Feb. 24.
Feb. 10.
Feb. 17.
Feb. 3.
corn to sell are now buyers, and it is prjbable that we can spare
56.000 little, if any, more for foreign export. To-day the market was
01.000
60,000
bales.
Bales of the week
3,20('
3,100
2,.500
Of wlitcli exporters took
U.TCfO
1.290
1,180 weak, with No. 2 mixed closing at 68c. for April and 68Mc. for
Of wUicli speculators took..
42.000
4.1,000
45,000
Bales Amwicau
4,100
3,600 May.
3.400
Actual export
5,^^00
U.SOO
9,600
Forwarded
llye has been dull and drooping, and prime boat -loads sold
w
—
irregularity as between spots
;
*••
'
—
4.52,000
70.000
Of which American
iiO.OOO
.S60,000
Of which American
248.000
Amount afloat
742,000
526,000
102,000
76,000
3^1,000
209.000
655,000
473,000
92,000
73,000
366,000
232,000
632.000
Total .stock— Estiinateil
Ofwhicti American— Estim'd
Total import of the week
Tlie tone of the Liverpool market for spots and futures each day or th e
week eiidiui? 1^'eb. 21. and the daily closing prices of spot ooiton, have
been as follows:
Saturday Monday. Tuesday.
Wedites.
Thumd'y.
Friday.
Spot.
Mod.
Market,
12:30 P.H
Harden'^.
Wld.Uprds
6I3
Kio.Url'ns
6"l(!
o:iio
Sales
BpeciSc exp.
10,000
500
Dull
Iiiij.
Fair
Fair
demand
freely
and
supplied
easier.
Steady.
freely
met
1
demind
met
f reel y
61a
61I16
67 10
6''l3
6i58
659
10,000
8,00i>
8,000
10,000
10.000
500
500
500
1,000
500
6'i6
FI.OIIR.
No. 2 spilng...^ bbl.
^o. 2 winter
Winter superfine
Spring supertlue
Spring wheat e-Ktras..
do XX and XXX...
Wis. & Mitn. rye mi-c.
Minu. clear and stra't
Winter shipp'g extras.
do XXaudXXX...
$3 209 3 60
3 40® 3 85
4 23* 4 50
4 109 4 40
4 75» 5 15
5 25» 7 50
6 253 6 75
6 25® 7 50
5 00* 5 50
505* 750
I
12:30p..m.
Quiet.
Very
Steady.
dull.
steady.
Spring, per bU'Jh. $1 20
Spring No. 2
127
Quieter.
Dull
and
Dull.
Steady.
Flat.
Weak.
Com— West,
The actual
sales of futures at LlverpODl for the s.amj week .are i^ivon
l)elow. Tiiese sales are on the ba.sis of Uplands, Low Middliu;^ vImih
unless otherwise stated,
,
S.^TDRDAT.
Delitery.
d.
eiasi'sa
aiaSi'tj
Feb.-.Mar
Mar.-Apr
I
I
•
Delivery,
Apr.-.May
d.
..
..Hi^s^tm'a
May-June
621,.^
623^.2
0"32 June-July
I
I
I
I
|
Delimry.
d.
Jaly-Aue.
Aug.-Sopt.
Apr. -May .
6-^30
62733
6l»32
Mar.-Anr
61732
Apr.-.May
G'^'^-i
Mav-Juue
H2I30
June-July
osr.j^
Monday.
Feb
633f4
""'
Feb.-Mar..
Mar.-Apr..
Apr-M;vy ..
.
.63:1,54
G35„4
..630ei
1
I
I
I
M.ay-Jime
June-July
6i'ieS*3^^
6",^
J)ily-AUK .. 651b4®'-'532
Aug.-Sept . 60-6482732
I
|
|
OaSj^aiTj,
.
6--i».4
May-Juuc.
Feb
GH
Pob.-.Mar
6'a
.Mar-Apr
Apr.-May
63:ic,
6I9.32
6*3^4
June-July ...r<^3>i-ni
July-Aiic..
613,0
Aug.-Sept.
6'8
Mar.-Apr.
612
Jnly-Au,;..
Aug. -Sept.
82732
Mar.-Apr
Feb
Api-il-May
Ma.v-Jnne ..61 '32®*'61
June-July.. .. ...(j2.1.,.,
.War.-Aiiril
.
. .
...
May-Jnuo ..6213084184
May-June.
...
Jniie-July
62:i32
June-July
nxlg^
61832
Jnly-.\uK
Aug.-Sept....
Mar.-Apr..
May-Jane
«I5.,J
a,3J,.4®l..32
Jnnc-,Iuly.
July-.\ug..
1
bbl8.
62 650
64,990
Detroit
11,242
.
9t.
...6«t
Peoria
--6»^64
Duluth
..637jjai9.,2
611,6®233n
Aug.-Sept.
625j,2
574
2,8ii0
.
Louis...
Flour
Mar.-Apr.. .ri7]R^I5^2
Apr.-May.. .6S3r4SU3.j
Aug.-Sept
0<7„4
.M.ar-Tune
.Mar.-.\pr
621*^,4
-May-June
JIar.-Apr
GTm
.Vir.-.Mty
({1.J
June-July.
Julj-Ang..
Aug.-Sept
..G9i6®35g4
«»8
611i8
6:^
Jutic-July.
61».,„
C!orn
Oats....
July-Aug..
62I3;
623,3
Barley.
Bye....
ly-'.-'ei
Junf--.litlv'.
ti*l(-4^'-l.(.,
.
July-Ani!.
Aug.-Sept
Feb
Feb.-JIar.
Fob
6*V4
Feb
0253^
67,B
o'l«
Feb.-.Mar
620,4
n20„4.
Feb.-Mar..
Mar.-.\i)r
C1332
61332
6133^
Apr.-May
63lij4
I'KIDAY.
.rune-July ...
.
Jnly-Aug
62n„4*27„^, Aug.-Sept...
6-10„4»-le4 Aitr.-Mav
Mor.-Apr
Apr.-.May
.63l«6
6<'64
-.6<"oi
Mar.-Apr
,
O'W),^
Junc-.luly
62S,„
6<o„,
July-.\uif.
..
G**,,i
Aug.-Sept
6-17^4
Feb
I
'
.6-i3b4
May-Juue .03V4®3'V4
....6<7,;4
Aug.-Sept..
62Stf4
I
Feb.-Mar
628„,
June-July
O^-i.-j
July-Aug
G4I64
Mar.-Apr. ..629j(ii,2H„^
Apr.-.May
.May-Jnue
July- .Vug
Aug.-Sept
63:i„.,
637^^
.
..
4
flour, superline..
Corn uieal—
Western, &c
5
Brftndv\7ine. .tc...
3 25 3 3 65
370;? 3 7.'>
Buckw't tiour.lOOlbs.
3 253 3 tiO
64">|
1,.!,,^
6i3f4ai3£4
BREADSTUFFS.
Wheat
wheat
a
a
9
6SI2
egifl
73
78
8>
70
90
94
82
50
40%
® 50
»
i>
a>
BarleyCanada No 1
Canada hriglit...
12
14
»1
1
1
05
3
3
1
State, 4-rowed...
State, 2-rowed...
rol
90
51
50
52
U
15
92
Barley .Malt-
115
Canada
State. 2-rowedStivle,
.
4-rowed... 1
®l 25
31 02
9S
09 31 10
Wheal,
Corn,
bush.
bush:
(60 lbs.)
(.56 lbs.)
136.915 575,718
147,825
70.040
5^.392 . 78,138
85,188
46,161
15.323
43.6)0
33,6H9
2S2 874
440.1^91)
1,663
4,525
322,901)
ports
Oats,
Barley,
Rye,
bash.
bush.
bush.
(32 lbs.) (AH lbs.) (56 IIk t
227.597 13-',363 18.408
25,730
87.300
10,310
.892
832
16433
9.S42
7.550
17,500
14,300
1
16 3o0
183.969
87,250
4 0i)8
22,300
bbls.
.bush.
1881-82.
1,272,433
18-<0-Sl.
1S79.S0.
1,221,930
757,862
6,107.165
10,485 625
5,206.673
9,80J.972
6,279,511)
4,239,21)!)
2,5^1.5:0
1,919.462
419,90)
331,151
6,373.638
17,479 3 3')
2.918.652
1,0U'.33)
375,675
31,8-'3,73j
21,5J2.5G9
23,25 i,6J6
187=-71).
8S8.0U2
9,6,11.128
10,728.170
2.6^9 137
1,U),''.88
461,997
21,632, 120-
Comparativ receipts (crop rmvement) at 8.ain.< ports from
August, 1, 18S1, to Fe'bruary iS, 1832, as csmpared with tha previous three years
:
Floor
bbls.
Wheat
t-ash,
Oats .
Barley
....
Rye
market. The 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 suppiiesof
high grades
Eye flour and buckwheat flour are lower, and corn
meal has
been duU and drooping.
To-day prices generally favored
buyers.
•a
47
White
No. 2 mixed
No. 2 white
..
.
FRIDAY. P. M.. February 21, 18!-2.
The flour market has been unsettled in tone, the views
of
btiyers and sellers fluctuating with the phases
of the
•»1 33
OatsMixed
'81.
T.)talg:'a'.n ..
.Eune-July
Aug.-Sopt.
.
6
Bye
253 8 00
403 6 00
403 4 SO
family brands
South'n si ip'g extras.
177.706 735,074 1.530,497 559.671274.6)2 53 UG
116,300 235,185 603.139 3)1.316 61433 13,060
Total reseipls at same ports from Dee 26, 1881, to Feb. 18.
1882, as compa'ed with the previous three vears :
Same time
Thdrsdat.
.
lbs.)
Dhieago .
Milwaukee.
Toledo
Cleveland
6-llf4®2l3„
83
92
80
Flonr,
(196
Total..
6 7,0
$7 OOa 8 50
6 75a> 7 40
(Pi-oin tlie " New York Produce Bxchanye Weelclij.")
Receipts of flour and grain at Western lake and rive
for the week ending Feb. 18. 1882:
•-.6«64
Wedsesdat.
R^H
Wis
Feb.-.Mar..
'*1 31)
67'3«
70 «
74 a
75 ®
6S a
Buckwheat
...637„^
..6'a
.
(.4
Western white ...
Southern white.
SdUlberu yellow.
Rye— Car lots
Boat loads
At—
April-Mivy
Apr-May
mixed
West. mix. No. 2.
Western yellow..
Tuesday.
Mar.-Apr.
Apr.-May.
127
White
Easier.
Oiisier.
Feb
®1 33
Red winter
130 ®1 38
Red winter. No. 2 1 3113J1 35><!
ii
Market,
5 p. M.
Patents
City shipping extras.
Southern bakers' and
ORAIX.
Wheat-
jfutureg.
Marker,
to-day at 91c. Barley has ruled pretty firm, tho stocks being'
quite small, but the demand is not in any di>gree 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. Tu-day mixed were lower, with
large sales of No. 2 for May at iS%@iS}^a.
...
Total grain...
1879-Sll
1H7--79,
3,936,613
3.712.118
1881-82.
4,758,232
1880-81.
4,953,03 J
31.111,716
73,517,680
22.095.001
9.823,219
3,111,301
58.403.516
70,391,880
5(),7'.I5,56">
23.3ii8.801:
19.490,117
141,661,933
166 967. 4U
63.782 992
9,837,281
8,157,4(il
'2,765.960
1,121,310
152.3i4 840
145.617,178
Comparative shipments of flour and grain from the same
ports from Dec. StJ, 1881, to Feb. 18, 1832, inclusive, for four
years:
Flour
Wheat
Com
bbls.
bush,
Cats
Barley
Rye
Total grain
1879-«0.
ia7''-79.
516 6ul
923 2"<
1881-82,
1,121,322
1880-81.
1,252,774
2.680,167
10S3I,56'2
49.45,792
967,615
317,235
2.23.'>,377
1,577.2,10
5.922,479
3,910.38;
1,071,295
361.291
7,822,610
1.713,157
19,772,671
13.534 8J1
ll,393,i>69
599. 349
274.323
11.553,959
——
2
. :
.
THE CHRONICLE.
FKiinrMiv 83, 1888.1
Rail shipmeats from Western lake aad river porta {or the
weeks ended
lflS7.
Tlerk
Feb. IS.
Hour
1>1>1«.
Whoat
.bnsb,
I » 1.
1
01
l,l.;i.72<i
Oorn
Oats
Barley
47«..SOl
Ryo
2,ai3.l7J
Total
l,VJ3.1'.'l
2,111,510
1.033,092
Wheal,
tiuA.
131,401
FOJ. 1H...1.^^..'.07
Feb. ll...l.".O.'.'0rt
Vtb. 4. ..147.002
Jan. 28...i4u.uua
.<i.5:<.l)37
387,a'27
TM.. 4-wk».«02.47l
1,104.391
4'W'ki'81..&7i.a78
57d,2tJ7
Keceipt^s of flour
ended Feb.
(ktli,
Btrtty,
hiuth.
bxiah,
S.">.K02
110.2-.:7
500,2(U
tf-7,3UA
78iS,810
831.815
7,022.907 2.743.322
3,079,555 2.103,358
biuth.
4fl.04'4
3U,87.^
121.,5i*.i
3!),02!»
117,913
51,877
-I35..'i27
17(1.920
383,022 164,820
aad graia at seaboard ports for the week
Flotir,
bbln.
At—
.
137.293
Boston
PortlHnd
UoDtreal
.
60,5b1»
.
fhlla<U'lpbla.
.
Baltimore
.
Mew Orleans.
.
2,803
12.792
21.04S
22,343
'^0.2 10
Total week...
20i>.2.'!0
.
week'Sl.. 260.3aO
Com,
Wheat,
Barley,
bush.
Oatt,
bush.
bush.
btuh.
460,S01
22,100
354.151
202,375
8,200
167.100
100,400
84,444
187,300 51,700
70,125 13,100
2,600
10,000
4,200
53,650
3,000
26,500
18,595
686.8.U 915,670
702,070 1,109,757
378,070 77.000
883,844 119,400
1,550
43,000
56,400
Bye.
b-UKh.
10,003
1,050
12.5.-)8
22,120
:
Com.
..
Oats....
Barley
Bye
Total Kratn
....
4,351,673
£,S15.417
3,333.962
829,937
83.397
7,032.758
7,727,915
11.919,436
18,981,365
4,773.912
12,630.092
2,435,805
33G.415
3,121,9.13
342.544
259.365
U5,7t7
10,214,705
12,234.427
2,118,136
7C1.7I9
209,507
20,821.971
23,628,494
Bxports from United State-H seaboard ports and from Montreal
for week ending Feb. IS, 1882:
Com,
Flour,
Wbenl,
Oal»,
Pea",
From—
New York
bbls.
97.213
5,112
Boston
100
l^biladelpbla.
3,303
Baltimore
bush.
628.i'39
10.000
21.0U0
194,426
bush.
bush.
6,763
638
80
830.513
7415.769
5.;»33
Ban e time '31. 163,096
1,307,315
372,15)
1,261
Orleans..'
The
41,398
22,095
140
Tital forw'k 100.433
NiW
bush.
htish.
467.613
23,479
113.000
137,675
30
41,898
50.037
22,095
29.899
713,843
K33.:i02
Detroit ..... ......
833.230
90,000
Oswego
1.166,470
Louis
Bt.
63..i20
Boston
Toronto
Montreal
PbUadelpbla
Peoria
330.337
79,365
349.428
8.975
285.400
241.803
1,609.569
Indianapolis
Kansas City
BalUir.ore
Down Mississlppt.
On rail
394,3o6
621.255
41.190
130.000
33.714
27,383
2,150.501
613,575
141,670
102,841
4,113
03.026
1 12,u00
246.192
62.P00
30,115
64.015
258.863
362.287
142,400
84.796
615.192
117,780
2,072,700
23,763
573,000
orders, reached a fair aggregate
and colored cotand prices are therefore steady
but the lower qualities have accumulated somewhat, and there
Ls more disposition on the part of holders to make slight eonoessioi^s on the latter in order to quicken their movement.
There is not, however, the least tendency toward specjlation,
and both jobbers and retailers Keem inclined to govern their
purchases by actual wants. Print cloths were in moderate
demand and steady, at S^io. for 64x64s and 3 6-l,6c. for 6Gx60b.
Prints continued inactive, and there was a limited call for ginghams and cotton dress goods.
DoMEaric Woolen Goods. There was a fairly active demand
for heavy woolens by the clothing trade, but transactions were
chiefly confined to the most popular fabrics. Heavy all-wool
cassimeres, suitings and cheviots have been in good demand,
and there was a satisfactory business in leading makes of
worsted coatings. Cotton^arp cassimeres met with considerable sales for future delivery and fancy-back overcoating
continued in steady request. Cioakings were somewhat less
active, but agents are making liberal deliveries ,in execution
of former orders, and the best makes are in light supply and
firm.
Heavy satinets were in better demand, but Kentucky
jeans moved slowly, and flannels were lightly dealt in, with the
exception of dres-s flannels, which were in good requesfe.
Worsted dre.s8 good-s, bantings, &c., were taken in relatively
tons are not in large supply,
;
small parcels to a fair aggregate amonnt at steady prices.
FoEEiON Dry Goods were only in moderate demand at first
hands and the jobbing trade has not yet become active ; but
10.000
13.146
of millinery good.'i, linens, China mattings, &c., were made
during the week with a fair degree of success.
Importatlbna or Dry Gooda.
The importations of dry goods at this port
granary
•t the principal points of accamulation at lakH and seaboard
ports, and in transit by rail and water, Feb. 18, 1882, was as
follows:
Com,
Wheal,
Oats,
Barley,
Bye
hush.
bush.
bush.
hush.
In »(' re at—
bush.
4,031.272 3,219,100 437,2ea
Ifew 1 ork
36.872 113.322
651,000
UOO.OOO
91,000 2(13.000
Do. afloat (est.)
19.00U
9.500
99.000
23,100 176,000
Albany
79,500
423,479
92.025
26(1,714
BuflJUo
.,
..«•
3.7.'i5,644 5,7!*7,476
834.40O 319,631 455.600
CMSaiTO
1,674.325
26,791
Milwaukee
12,603 288,945
113,149
Dnliitb
ba'.-k
desirable browo, bleached
prices of the most staple fabrics are steadily maintained. The
auction season has fairly commenced, and moderate offerings
Visible .supply of grain, comprising the stocks in
Toledo
The most
—
1,500
Total receipts at same ports from Deo. 26, 1881 to Feb. 18,
1882, inclueive. for four years
1880-81.
1879-80.
1981-92.
1878-79.
l,31-.',059
1,618.003
1,913,3^9
1,382,507
UbiB,
Hoar
Wbeat.. ...buab.
DoMBiTio OoTTD.-* (}(K1DH.—The exports of cotton gooda for
the week ending February 21 were l,tlO packages, of which
301 were shipped to Argentine Republic, 260 to Great Uritain,
183 to Peni, 84 to Venezuela, 84 to Uruguay, ftS to Mexico, 66
to Haytl, &c. The demand for plain and colored cottons wa*
mostly of a hand-to-mouth character, bat sales, coopled with
amount.
18:
Sew York
Otor.
Corn,
buth.
1.5il 1.500
1.802.417
l.S01.!)20
1.767.070
kinds of cotton goodi favored bajren, and it Is probable that
price conceanioiM on the tower qualities will be found
necessary in order to more aceamulatiom.
some
dtliverieson account of
Rail and lake Hhipmeuts from same ports for laBt four weeks:
Flour,
Wtek
ot>ig.
tndinn—
289
for the week
ending Feb. 23, 1882, and since January 1, and the same facta
for the corresponding periods of 1881, are as follows:
S
ii
pi
i
I
c*
3.
10,611
•3;
650.()«i0
lo'.odf)
171.838
10,9S8
286.136
19,954
88,849
1
,9
f*:
*:
:
;
;
:
:
:
:
:
;
:
;
:
:
:
:
:
:
AM KM
1
CO**-
16.007
37.654
ini
boocniocs
3S
114'087
17,000
7,188
SS
£:<
If |;ifr
0? *• *• CJ cs
&<
Xo
a
H QO •- f- 0»
«0
.-h-i-'i-^
"bw
b^iioiw
»- 01 to ;o :s
c;*
tc*-
iOt(^
pptO(C-l»
:2«
lfc-%MJUCC
QOtC«H>aD
97,400
60,500
Tot
t Feb.
Eo
i.
18, '82.. 17,900.544 17.215.243 2.811.383 2.544.944 1,145.309
Feb. 11, '82.. 18.134.22.) 17.8S7.770 2.9:i3,208 2,671.880 1,167.792
Do. Feb. 4. •!<2... 18.027.998 18.313.139
Do. Jan. 28. •82.. 17.752,142 17.816.101
Iio. J(in. 21. '82 . 17,321.893 10.954.623
Do. Feb. 19, '81.. 20.103,003 15.391,093
U « — 10 A
bb
3,180,306 2,702.782 1,143,926
3.205.621 2.824,713 1,158.983
2.976.039 2..599. 192 1,333.782
3,433,099 3,082.724
700,072
CCOOi^il*
00 »- c: 00 ":p
o: c- g-.
—
c. w
O Oi •- •••«)
-a
M -« —
QO0DA.>|^
Oceocfi»
•-•
CCp'—
0:0
THE DRY GOODS TRADE.
Friday, P. M., February 24, 1882.
Basine.<^8 in
the
the dry gaods trade was comparatively light during
owing to the recurrence of a holiday (Washing-
pa.st wei'k,
and unfavorable accounts from some sections of
the country that have been devastated by seriona floods. The
recent opening of heavy woolens has attracted a good many
wholesale clothiers to the market, and led to a moderately
active busines.") in leading makes of clothing woolens; but operton's Birthday)
ations in most other domestic fabrics failed to realize expectations, and there was a very slight improvement in the demand
for imported goods. The jobbing trade was irregular and upon
the whole sluggish, the condition of the weather having militated against the distribution of many spring and summer fab-
iks.
Values have not materially changed, bat prices of certain
t>iJ>CoV4^
W
o OU
C^
b3
NCO
AO-tC**
tCOD
00©
to**-
« S a* 3) *.
00^
OLUi-^i-
CiODUtfrOlO
wb*-u»V
CO
«•»
a,co*ioo —
s r-«< ooocc-ic:
icoauw
»oo>
00 *1 'C S K)
wx
o 'IM
easACott
o
00
^»
K>^
Wo
Q#»
o
OD
Id
c JD a* *- 10
i-*M
00
1^
u
U'tou'it-Vj
KiO'-l'OSS
I
oi
Is?
C3'--3aM^
it
bbU***.
Cfl- t-«r^3>
CON
e^oDK'Oio
Vibo
C u tw
..
:>• *-.
to
&j
aD|f>>MUKf
Cion^rf^«>
I
w OD
cau«cr<^
'i.
»
p g X *i
oOOjC;!;;*
K_*-C0«C.i
rcwooioOD
,
THE CHKONKLE.
240
Sistare's Sons,
MASSAC ST., NEW YOKK,
Geo. K.
IT
DEALERS
IN
I.\VESTME\TS.
FIRST'CLASS
or on marBecurltles dealt In at the New York Stock
Boy and Sell on CommlsBlon. for cash
Cin. all
HENET
FOKDYCE D. BARKER,
Member N. Y. Stock Exchange.
ROOM
DIALER
NEW ¥ORK,
8.
sell on commission, for investment or on
York Stock
all securities dealt in at the
New
Excbunge^
P.
w.
Lloyd.
&
Lloyd
mcKkan
C.
BASKEK AND BROKER,
TRUST COMPANY^' STOCKS.
RAILKAAU SKCUKITIES
MISC KIiLANKOUS SKCURITIK".
&
Randall
Wierum,
50 EXCHANGE PLACE,
Brokers in Railroad Stocks and Bonds,
aOrERNMENTS <t FOREIGN EXCHANGE.
OTTO
0HA8. K. RANDALr,,
Member N.
C.
WlBKUM.
Y. Stock Ezchance.
&
Miller, Francis
Co.,
WALL
48
BROOKLYN CITY KAILROAD
Union Kerry Cora|>uny Sloe ;.
Naasaa Gnsliuht Company 9 Her Cent I'ertiflcates.
Brooklyn and >ew Yoik Bonds,
Bank, Insurance, and other Local Stocks.
Bought and Sold by
FRANK
16
BEE
B.
Oourt.St., Brooklyn.
31 Piue
W. W.
St..
US,
J
Prince & Whitely,
64 BROADWAY, NKW^ YORK,
No
(Brauch
Counselor,
Circuit and Supreme
iP^.^J'^l'""'
United States and of the State. In
'' eases. Has no other businesy, and de.?!?*i??'
TOte«
his personal attention and all his time exchittiHatto his profession. Refers to Bank of Monroe.
ISO Fiflh Avenue).
M.
lt[
Member of
W. N. WALKKR.
TTEK,
N. V. Stock Exchange.
WI\TRI.\«H\in,
BANK STOCKS, &c.
P.
SBCCBITIES BOUGHT AT THE AUCTION SALES.
No. 36 PINE STREET,
NEW
YORK.
Lummis & Day,
R Utter
&
BANKER.>>
Buy and
Geo. H. Prentiss,
«•. 17
WALL
NEW
STREET,
CAS STOCKS
AND
NEW
on Commission, for cash or oh mardealt in at the New York Stock
S'n.
xchanue. Interest allowed on dally balances.
Particular attention paid to orders by mall or tele-
Boardman,
Lansdale
STOCK BROKER.
-OFFICE-;—
BROADWAY, NEW YORK,
So, so
Hall Building, Troy,
Members
William Robison,
ol the K. T. Stock Exchange.
&
iSoodtjt
niDDLETOWN,
BuT«,d
L. Grant,
&
cor.
I'iS
So*
Exchanee Place, N. Y.
La
Salle
nao AOW A
NEW
'
V
YOKK.
RAILROAD STOCKS A BONUS
JTY
BOUGHT AND SOLD.
^oo quotations of City Railroadg In thia pape
Howard Lai-sley,
l>. w. Wiixard,
Members N. Y. Stock Excliange.
Howard
Lapsley
&
Co.,
No.
5
WALL
8TRE;ET,
NeTT York.
John P< nsir. Eduard Mxbtbns. Auo. Nathajt.
&
Pondir
20
Co.,
Bonds & Investment
EXCHANGE
PL,ACE,
Securities,
NEW YORK.
Orders executed on the London and Europeaa
Markets.
EBNE8T GROESBBCE,
GRANT B. SOHLBT
Members N. Y. Stock Exchange
St.,
Chicago.
No. 13
WAIjIi
street,
Uncurrent
NEW YORK.
Securities
a
BANKiNU
THK I'UHCHASK ANDBUSINESS,
Specialty.
SA1,B OP
?.Tg'^'yi,-^^'\?i'J^^'I'S «>11 CASH OH ON MAR.
investment secdri- ORDERS AND CORRESPONDENCE PBOMPTLT
YORK. J;!Si
^VSn^AJ^P,^^^'^
'^,^''8.•„„'„^TISRBST ALLOWKD ON ""'^""'^o
DEPOSITS
SUBJECT TO CUECK AT SIGHT.
ATTENDED TO.
P. O. Box 447.
„ A. BOODY,
„
D.
C. W. McLkllAN, JB.
KITCHEN,
70 Cedar St
JAMES
RtPBEN' LRLANl).
?',JiM?,%'i'i'i''.,.?.'5.'*FK'^I^
INCI.UDIMG
.
F. G. SaLTONSTAI.T,
N. T.
'^.
OF
&' Co.,
CONN.,
Qorermnent. Bute, MunldPHl
and
Railroad Bonds and Stocks.
Investment, for Sar,eli
«wi.B«,k...pccialty.
H.
No. 146
Groesbeck & Schley,
BROKERS,
BANKERS,
38 Brondwar,
Branch Office,
Corre.pon«eaoe wlidted.
Krooklyn
Beers, Jr.,
Securities, Cily
Gas Stocks,
oC Co.
BANKERS,
IN.
E, Jackson
sell on comraipsion ail Securities dealt In
the New York Stock and the New Ycjrk Minlns
Exchanges. Deposits received and interest allowed
on balances.
«
At
stocks,
Stocks, Bonds and all Investment Securities
bought and sold [strictly on commission] for cash
or on margin.
BBB QA8 QUOTATIONS IN THIS P APwn
C
3 Fine Street, New^ Vorh.
Robi-^on,
EXCHANGE COURT.
No. 3
BAOO>
&
BANKERS AND BROKERS,
Ail securitlei, dealt In at the N. Y. Stock Exchange
bought and sold on commission and carried on a fair
Interest allowed on credit balance..
C. Floyi)-.Ione8
L. R.
Ruy and
N. Y.,
margin.
W.
A Hatch.
H. B. BACOW.
Bacon,
BANKERS AND BROKERS,
i?rnph.
BROOKLY.\ SECURITIES
DEALT
CLARK.
Clark
YORK.
UTREET RAILROAD STOCKS AND BONDS
KI^•I)S
S.
Sell
OAS SECVRITIES,
A»D ALL
Refer to Messrs. FisK
ALEX.
all ^fecuritios
WALL
AND STOCK BROKERS.
WIIXIAM LUriMIg,
UeHRY DAT.
Member, of New York Stock Exchange.
Kkkoall.
BANKERS AND BROKERS.
Walker,
BROA.DWAY,
No. 80
N0». 34 and 35 DR8XEL BUILDINO, Cor.
and BROAD STREETS,
.
B.
WALiL STREET,
No. 31
BANKERS IND BROKERS,
BANKERS AND BROKERS,
GAS, INSUiUNCE.
to.
Wh.
hatch,
Member N. Y. Stock Exch.
VVm. D.
Boston, Bridgeport
Baltimore, Washiuifton.
New Haven.
Floyd-Jones
J.
Interest allowed on deposits.
Investments carefully attended
Connected by Private Wire.
and Attorney.
Solicitor
Oflice,
Allchissesof Hallway and Mining Stocks bougbt
and sold on Comoiission.
Private Telegraph Wires to Philadelphia, Wilmtag-
MONROE, LOUISIANA.
nS^^^M"
Oenrt« of the
No. 45 Wall Street
EstabllBhed 1851.J
securities.
for the past 10 YearS)
all
D. PRINCE, JAS. WHITELY, fl. CHCGEIt OAKLET
Harry C. Logan, maynard C. Evhs.
W. R. Tkatkrs, Special Partner.
New York
barmer,
1
Investor, or Dealers wishing to bay or sell are
State, Municipal and
invited to communicate.
Railway Bonds and Coupons bought and sold at best
Mnrkef. nntcp.
CO.
First and only Mortyage 5 Per Cent Bonds.
Brooklyn Gaslight. I'ompn'v Stock.
Gwynne & Day,
A SPECIALTY.
C.
CHABJLMILLIB. jAS.rilANCIS. KDWIX J. HANKS.
COMMISSION.
CO-MMKKCIAL PAPER NBUOTIATBD.
BKOAD STREET, JIBW YORK.
Intimate knowledge of
ar.d
NEW VORK.
STRBET,
An
ton.
BANKERS AND BROKERS,
20
Co.,
Transact a gOiienU banking and brokerage burtness In Railway Shares and Bonds and Government
H. Smith,
Fred
&
Brothers
BANKERS AND BROKERS,
S4 W^all Street, New Tork.
8T0CK8 AND BONDS BOUGHT AND BOLD OB
McKeaii,
NEW YORK.
GAS STOCKS A.\D BO\DS,
TELRGRAPH STOCKS,
.No.
Jo^^f Sicku*.
sand. Member N. Y. Stock Bxcb.
E.
Sand
STRKET,
Buy and Bell— on commission— Goveniment, Rail
way and MiBcellaneous Securities. Receive deposit*
subject to check, and allow Interest on balances.
IS
City and other Railroad Stoclis^ Bonds
AND
Max
Member of N. Y. Stock Bich Vr
34 1VAI.L
SI NASSAU STREET,
Theo. V. Sand.
Tinker,
Buy and
margin,
^
NOYES,
TINKER
STOCK BE0K15RS,
iDtereat allowed on dally balancBB.
All depoBlts subject to check at sight.
Particular attention to orders by mall or tele-
C.
C.
BROAD STREET, NEW YORK.
11 <& 33
JOSEPH
WM.
&
Barker
Ikchange.
<r»ph .
Financial.
Financial.
Financial.
XXXIV.
[Vol.
No. 18
No.
York.
* General Banking Business. Inclndli,,
«'^***^'^« and ioNDs'fe
cUs'hTon'L'aJgTn.""* "'
ih'i^'JnS?!?*
Buy and
Sell
Investment Seeoiitlea.
P O. BOX 2,M7
A. M. KlDDIB. WAJ LANTB TRASK.
H.
NEW STKEET,
NBW
WAIit STREET,
New
1
J.
MOESB
Bead*.
dec,
YORK.
&
Schmidt,
Olliffe
&
No. 13 NEW ST.,
BROADWAY
No. 72
BROKERS FOR THE PURCHASE AND
SALE OF RAILROAD SECURITIES.
CORNELIUS W. OLLIKFE,
EDMUND
P.
Member
SCHMIDT,
of N. Y. Stock Exchange.
Ueuibcr of N. Y. Stock Excbanx*
.
:
FnavABT
THE UHRoNlOLh.
90, 188S.J
Kohn &
Glazier,
Weitem Bnnkcn.
nnanolal.
Financial.
NRM YORK
OlO. W.
Co.,
CINCINNATI, O.l
W. P. TaoHAt.
w. M. WiuBiaa.
Cicni.,
Member N. Y. Rtoek
ZluumuuAn,
Bx.
M.
Oao. A. Liwi*.
&
COMMISSION.
D. Probst & Co.,
J.
C. I Hudbon 6c Co.,
EXOHANUB CUVBT, ^K\*' VOHK, STOCK AND BOND UHOKBBS
t
Bnuich
•I the
and PrlTnte Wlr«
Offlce
"CDMainUAND," Uroadwur
Bur And
tell
StrMi.
auUKlD. nil •ecurUics doiUt In at the Naw Turk
Stock KxchBD^e.
B. K. I.IAK
T. II CDHTIIl
C- I. HroaON,
MamlwrN.Y. stuck t.xch.
&
Taintor
Holt,
TKA.NSAqTuUKNICJtAL, HANKING bSllnau.
I>KI>(>:41T8 rvcelrod
and
INTUUBST
allowed on
balancrK.
But and
OOVKUNMBNT, MUNICIPAL Mid
sell
'
HAU.KOAHIi>ml9.
. TAINTOH.
N K K H»
<-KiiAn vrii»<t{-i.
« A
n-j
.
«
i-ruiu
-.l
BONUS
and
furnished.
Timer &
A. P.
hold
Un<i«irAuni<-il
£ R 8,
Wnlnut Plac«, PIIJL.ADE1.PI1IA.
Gi'Terniufnt, State, Municipal and Ratlwaj Bonot
and Stocks t>ouKht and nold at all the KtcnanKea.
InveBtnieiita prudently mude In sound railway oeciirttlen. Col t*ctton8 promptly attended tu.
r».rro»»pr,iuifnts carefully represented at Auctions
and i'rnaie .'^iik's. Bonds of Kood but not wellknowft luilrtiiitls always wanted for inveslmenta at
he bf-ti r.iio-. Orders on miirulns not entertained
nHltimorc Baiikerg.
HALK.H
A
^\
It
l>
«'K.TI
ADRIAN
No. 7
No*. ST
&
NEW
l»
.\
•>t.^
«
New
St,
OND8,8TOCK»andlNVKSTMKNT8KCURITIB8
BOUGHT AND dOLU DM OOMMldSlUN
C.
w
JOUN
F.
8TA&Z.
Co.,
ic
Co.,
No. 33
duy and
and VIRGINIA SECURITIES a
oomnilsston.
MortcacM
Inreatment Becuiitles
A
spectalty
bearinir
Western city
W.
made
cash or ob
foi
of Weatcra
from 7 to 10 per cent
Will QBdertake the
P.
Correspondence solicited and Information furnished.
CuRRS8Po.M)CNT8— McKlm Brothers A Co
NASSAU STREET. NEW YORK.
sell
neirotlatiun of
urftperty tn larKe or small
Gallaudet
Fftm
Interest.
&
Co.,
BANK OP KANSAS,
SIICCESSOnS TO
&;
PRESCOTT
BANKERS,
A.
amoanii.
Stocks and liondn bouRhiand sold un commission
at N. V. btocit l-xchantie.
Advances made on business paper and other
•onnilea*
Capital
TOPEKA, KANSAS.
Collections and correspondence receive
tention.
Il«VEST.nE.\T SECURITIES.
of
desirable
at-
of
R.
miAVRl'
II.
Beasley
&
Co.,
SOS OI.IVB
First-class
BROADWAr, NEW YORK.
STREET, ST.
CO.,
Buy and sell GoTernment, State, Municipal and
Railroad Bonds and Stocks. Ac. VlrKlnla StataTakBeceivable Coupons bought and sold. All on'
VERMILYlt A CO.
MERCHANTS' NATIONAL BANK,
Collections made on all Southern polnrs on beat.
terms; prompt returns.
JOHN
JOHN F.GirNv.iusli.
P. BRANCH. President.
Frei>. K. ScoTT.V'.ce-Preaa..
THOnAS BRAXCII & CO.~
Information on
all
claases of So'tthem Secnrltlea
•"specially State Bonds.
respondence solicited.
Tax Coupons, Ac.
•
Ooa.
Buy and
sell all kinds of Investment Securltlea
on commission. Information fnmlsil«d.
Orders anJ correspondence solicited.
Miacollaneoas.
Wire Rope.
STEEL AND CHARCOAL
IRON
of superior quality
auitabie for
HOISTING
MINING AMi>
PDKPOSSB.
Inclined Planaa. 1
len of Power. Ac. Alaoy
alvaaiswl Charcoal aaa
B for Sblps' KlKKiiuc,8Ba>
jpenslon Bridges, Derrick
Unys. Ferry Kopec, Ac. A
large stock constantly cm
band from which any desired lengths
ar. eat.
ri.ATSTKKL AND IHUN
RUPBS
for
Mining par-
manafactnrM to
Co.,
LOIIIS, Ho.
Western Invaatmant Saoaritlaa tor
Louis City and States of Mlaaoart.Kanaaa,
Texas, Arkansas and Colorado Bonds a specialty.
Fall Information given In reteranoa to aama on avUoatloa. Coopona and dlvtdanda ooUaotao.
St.
A.
STOCK BK0KBR3,
Whitaker,
&
8. C.
RICHMOND, VIRGINIA,
BR0KKR8 AND DBALBRS IN
sale.
Se
CHARLEiiSTON.
EunrARDS Whitakih.
Member N. Y. Stock Kxoh.
P. F. Keleher
parts of the United Statis-
all
National Bankino Associatio.v.
8T. LOrit!l, MO.,
solicited.
Bank,
N. C.
BAKK OF CIUtRLESTCW,
Htate, Ctt7> Coaat7 and RR. Banda
Stocka.
Orders receive prompt and personal attention.
Correspondenu. Messrs. MazwellA Graves, New
York CUT, and Messrs. Blake BrotoOra A Co.. Now
York and Boston.
ADDRESS:
W.
made on
&
Corr«epoudenoe
WALKKB. Lasniec
National
;
&
Liverpool.
A. K.
WM.C.CotTKTNBT.Prea. KR^ssTH.HRiNoi.a.Caab.
North America; New York, American Exchange
National Bunk and Ninth National t^ank; Chlca,io.
Preston, Kean A Co.: rit. l,ouit. Third National
Bank Kansas City, Bank of Kansas City and Mcrch <"tK' National Bank
Matthews
t.
Outriilht or
prompt
bonds
always in hand
A.
T*iTftrpi«il.
bURKDHS. nes
AUGUSTA, GEORGIA.
S100,«00
COBBKSPONDESTS.— Boston, National Bank
LkO.VABO Mattbbws.
aasortmeiit
K. E.
Blffht per cent Farm Mortjgaaes a specialty.
A
l.KNBRAL BANKING BUST5fES8 TRANSACTED.
BAXK BCILDlXa,
WALL fSTKKET, COK. BROADWAY.
STOCKS, BO.NDd A COMMERCIAL. PAPER.
An
m
Mrment
Correspf^ndents.—Natlonal Bank of State of New
York, New fork; l^aiMliMia National Bank. New
II%RRIS A. Klil\D,
STOCK AND BOND BROKERS,
CO..
Municipal Bonds and Mortfcaga Loans Negotiated
BANKERS,
VXITEl)
iVoNlcrn Bankcrii.
CENTKAL
ALABAMA.
nOBILfi,
.•pedal stteotlnn tiald to oollections, wuh prompt
remlttanoes at ourrunt rates oi ezctianffu on day
BANKERS AND COMMISSION MERCHANTS.
RICHMOND, VIRGINIA,
A. PBrscoTT. Pree.
John Kiiancis, Cashier.
P. I. BONEBHAKb'. V-Pres. K. B.PBkSCOTT.As.fasri.
loans qi^d
Co.,
BAaNKBKS.
RICU.MOND, VIRGINIA.
B i LTIinORE.
N. Y.
RANKEKSi,
&
rhos. p. >Iiller
promptlyattended to
New York Correspondent.
&
BANKBR8 AND BROKBRS.
INVKSTMKNT
WILLIAMS, JNO. W.MIU.ni
II.
OBAII. U. HILI.KH.
STREET,
specialty.
George Stark
Soiitlicm Banker*.
T.ieS.r.HILLlH, B.
SPECIAL ATTK.NTION OITIN TO CoU.E<mOKI.
mation revardlntc In^'estiuent Secur.tles.
A.BCTTBtCK.MemberoftheN. Y.Sloek Excb ge
M, Bllih AN..Member of the N.r.Minln<rBicb'(t
GXOKOI 6TAUK.
Municipal and Railroad
Bonds or Stocks.
Defaulted bonds a speclaltr. Choice InTectmeat
securities Hlwara for sale, write to un >*-rr,>-n v^a
bur or sell any Illinois. Mlasooil or " mm boa4l^
BlLTimtORB.
Wilson, Colston
Co.^
B>AI.KR8 I»
Onliectlons
P. O. BOX3L3.
Deposits received subject to check at stKht. and
Interest allowed 4<n diiity bivlances.
Stocks, Bonds. Ac, bouKht and sold un comreils&ton
In any city. pHrttcular attention piven l<i infor-
rork.
aaA
Weetem and Southwestern
WILMINGTON,
BANKERS AND BROKERS,
GEKMAN
&
John V. Hogan
SethH..\H.B.Whittaey
No 27
Elliman,
AND BIIOKBKN,
aa*
referenota.
First
TKANBACT A OBNBKALOOMBSTICAHDIOR
KICJN BANKING BUSINESS.
YIJRK.
&
39 Wall
8
Necotlate Sohovl Olsulct, Township, ntr
Wnta for eircalan, Waaiks
onotj Boada.
KOCTU STREET,
7
ANII SATLhIJAVS.
PINE 8TREE1\
BANKEHS
Sons,
B-lLTinORB.
u
ill'iJ.i:K
11.
Buttrick
Ns.
k
OS
WKDNBSDArS
&
Robert Garrett
of all clij«M-» ol
STOCKS
CITY, MIMMOt'RI.
MOHTOAORX, YIBLDINO
PKK CKST. A NI'K<;i ALTY.
Orl«uD*: Har.kof
BANKERS,
t.AK
IU':<II
KAN8AM
Co.,
BANK
Co.,
WB8T1CIIN rAR.VI
PIIILAOELPIIIA.
r<l.,
&
LOAN BROKERS,
113 No Third Mreet, HLLaala, Ha.,
alt
Ac Auction.
the
M. SBOBHAKBII.
Jot.
Pro«M4<
AeeoaoU
sollelted.
Conklin
Jarvis,
I
lunes uf United States Bonds,
luvestment Securities a apeclnltjr. Correspondence
Invited and full information uponflnanctal sabjects
t»«t
STOCKS
Banks and Bankers
I
In addition tu a Ucnerul Uankl(i;t iiu^liier*. b
od soil QoTerntuMit Bunds and liiveMiiu
Third
Dealers In
So. '^09
Co.,
cv:
TnoHAK.
C.
Uanken.
adclpltlu
13-1 t<onlh
OBO. U. HOLT
Gilman, Son
promptly r*altt*d at beet nu«e.
BANKERS AND STOCK BROKERS,
Prtr lie telecrapb wlroe to Prorldeaoe and Boston
a.
Bpeelal att«ntlon iilTen to aolleetlons.
AND
I'iil
KKNTVCKY.
LODIHTII.LB,
10RK.
Thomas & Shoemaker,
NEW YORK.
WAI.I. STREET,
NBW
KXCIIANUB PLACB,
'•hkh. itAii.HuAi) Bonds, OoriniMMKXTR and
MforftM. v.of'M ^KcM-llITrkR OP«BT AHO 80I.D
DBF06ITOSY,
C. S.
•
Geo.
BANKERS.
N*. 10
M
Nc.
unit 28il
on comnlMlon. for invettmant or un
National Bank,
First
BANKERS AND BH0KBR8,
Zimmerman Co.
M BBOADWAY AND 19 NKW MTRBBT. Cecil,
BANKERS AND RROKERfl.
KEW rOKK.
74 BKOADWAY, NEW YORK.
T0CK8 AND BONDS BOUailT ANI> BOLD ON 119 WEST TIIIUD MT., CINCINNATI, O.
tcmtmn, OMkI* ?'
A. L.
Pres't.
JOHN
or>-
niASON * co»
48 Broa4war* N«w VowU
W. IIARTKR,ATTORNKT.0ui«o»
HKNKY
classes of cases «falDS%ladtv
Ohio, conducts
all
and other ourpormtlona in bouatei»
Refers to C. Aaltman, C»aiOQ O
Isaac Llarter A Bous, CUkton. O.; Kounizo Broft.
liev Yurki Uc-Clilef JusUoe Aitucw, UoiTer, f^
iduals, railroads
and U.
t*.
Courts.
:
THK CHRONICLE.
VI
OFFICE OF THE
8TATI0NBRS AND
^'a^Ne'w concern, organlzini?
ders promptly executed.
will
WILI.IAM STKEET.
Ijedorer
NEW YORK,
Company, submit the following Statement
on tlie 31st December, 1881
PrOTiiiums on Marine Rislis from
the
Plated Papers.
JIund Papers.
AGBNTd
JAniES B. WHITMORE & CO.,
45 BEEKMAN STREE T. NEW YORK.
Turner
Ist January, 1881, to 31st ®e$4,039,487 10
cember, 1881
Premiums on Policies not marked
1,587,531 17
off Ist January, 1881
Total Marine Premiums
off from 1st
January, 1881, to 31st Decem-
Also, Agents
CMTED STATES BUNTING COMPANY.
A full aupplj. Widths and Colors, always in stock.
all
.Street.
E.R.Mudge,Sawyer&Co
AGENTS FOR
NEW YORK,
& 4C White Stbebt,
J.
W
246
CHI8TNDT STREET.
Fabyan
&
Co.,
New York, Boston, Philadelphia,
SELLING AGENTS FOB LEADING BRANDS
York
for Export Trade.
$3,965,758 00
other Stocks
Loans secured by Stocks and
otherwise
Real Estate and Claims due the
Company, estimated at
Premium Notes and Bills Re-
1,729,500 00
491,148 18
Cash In Bank
347,765 99
Amount
$13,165,466 40
SIX PER CENT INTEREST on the outstandoertUloates of profits will be'paid to the holders
thereof, or their legal representatives, on and
after Tuesday, the Seventh of February next.
THE OUTSTANDING CERTIFICATES
of
the issue of 1877 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the Seventh of February next, from which date all interest thereon
will cease.
The
certiiioates to
is
PABIS, 1878.
His Celtlyraua yumtert,
S03-404-I70-35I-332,
and Ilia otlier ttylea may be had of all deaUra
CHAPMAN,
D. Jones,
Charles Dennis,
W. H. H. Moore,
Lewis Curtis,
Charles H. Russell,
Secretary.
toorld,
New Tork.
Edmund W.
HnTUMIIH
COMPAHT
P^U^^INSION, PRE SIDEin:
Be^]amin H.
^J^^^AI^^^'^ APRIL r4J!fJ84Z
,
Thomas F. Youngs,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,
Charles D. Levericli,
William Bryce,
WlUiam H. Fogg,
Thomas B. Coddlngton,
Hand,
John D. Hewlett,
WUllam H. Webb,
Horace K. Thiirber,
Charles P. Burdett,
JohnL. Eiker.
C. A.
J.
fUlE^MS AS FAVORABLE AS THOSE
^-r.J'/A^ZrPJ"^^ COMPANY
Bobt. B. Mlntum,
Charles H. Marshall,
James G. De Forest,
Samuel WUletts,
Field,
Josiah O. Low
William E. Dodge,
Royal Phelps,
Oorlies,
John EUiott,
Adolph Lemoyne,
James Low,
David Lane,
Gordon W. Bumham,
D.
JONES,
WUliam Degroot,
Henry Collins,
Ppesldent.
CHARI.E8 DENNIS,
Vice-President.
.
t&SHASSETS 0YER$8Z000,000
W. H. H. MOORE, 2d
A. A.
RAVEN, 3d
0H4,«25 00
121,750 00
220,750 00
85,819 19
80,(^35 08
47,399 63
in h'nds of agts.
Keal estate
$0,995,500 26
MARTIN, President.
3.
WASHBURN,
J. II.
Secretary.
From Pier (new) 42 North River, foot of Morton St.
Travelers by this line avoid both transit by Knj(lish Hallway and the discomforts of crossing the
Channel in a small boat.
LABRADOR, Joncla
Wed., March 1. 3 P. M.
ST. UKRMAIN, Delapliiine...Wed., Ma-cl; 8. 8 A.M.
AMBHIQUB, Santelli
Wed.. March 16,2 RM.
PRICE OF PASSAGE— (ineludiud wine/: To HavreFirst cabin, $100 and $80 ; second cabin, $80 steerage, $2t5, includiuK wine, beddinjt and utensils. Return tickets at very reduced rates. Checks drawn
on Credit Lyonnais of Paris in amounts to suit.
FOR MARSEH,LES,
ToncniNO AT Cadiz, Gibhaltak & Barcelosa.
The following steamers will leaveNew Yorkdirect
for Cadiz, Gibraltar, Barcelona
ing freight and patsengera;
and Marseilles, tak-
FERDINAND DE LESSKPg
Rates of Passage— For
Cadiz and Gibraltar-
cabin. $75 and *90; for Barcelona and Marseilles— Firstcabin, $80 and $100. Steerage, $32.
Through bills of lading issued to Mediterranean
Ports, including Barcelona, Algeria. Tunis,. Genoa,
Legliorn, Naples, Messina; also, for Trieste and
first
Constantinople.
N. B.—No ireiglit taken for Gibraltar.
LOUIS DE BEBIAN.
Asent,
No. 6 BowliuK Green.
Cotton.
Wm.
Felix Alexander,
COTTON BROKER,
AUGUSTA, GEORGIA
GOSRBaPOITDZIfOE SOLIOITBfD.
References :— National Bank of Augusta, Georgia,
Henry Henta & Co., Commission Merchants New
York; William B. Dftna& Co., Proprietors Couksb
oiAi. Aso Flkahoial CsEONicui, and other New
Yo ik Housefl.
"
Horace Gray,
A. A. Raven,
Wm. Stm-gls,
'IKSURfflCE
United States stocIiH (market value)
Bank& ItR. stocks&bda. (market value)
and municipal b'da (market value)
Loans on slocks, payable or demand
(market valueofcollater'i3,t311,50" 50)
Interest due on lat January. 18b2
1,555,858 00
4,079,500 00
Entire attention given to purchaBe of COTTOih
UKDEB for SPINNERS and EXPORTERS
the Board,
H.
J.
throughout the
on
State
be produced at
the time of payment and canceled.
TRUSTEESi
i^
lien
;
1,631,294 23
ceivable
J.
Joseph Gillott & Sons,
$130,172 31
bein!.r first
real estate (worth 153,800,750)
GENERAL TRANSATLANTIC CO.
BETWEEN NEW YORK AND HAVRE.
Bank and
Stock, City,
By order of
,
CashinBanks
Bonds and mortgaKes.
PAYthe protecINSURANCK-
;ind for
Only Direct Line to France.
PRINTS, DENIMS, TICKS, DUCKS, &c.
Towels, Quilts, White Goods and Hosierr.
T
FIRE
by
viz.;
A DIVIDEND OF FORTY PER CENT
GOLD MEDAZ.,
LOSSKS
Slcauisliips.
declared on the net earned premiums of the
Company, for the year ending 31st December,
1831, for which certiflcatea wlU bo Issued on
jnd after Tuesday, the Second of May next.
AND SHEETINGS,
<C-c.,
United States, available for the
$924,227 02
BROWN AND BLEACHED SHIRTINGS
Drills, SKeetingt,
of
tion of Policy-Hoiders of FIllK
CHAS.
The Company has tlie following Assets,
United States and State of New
BOSTON,
Chauncey Street
r'HILADSLPHI...
DAYTON.
Bliss,
,
Mills.
15
In the
MENT
$1,775,882 80
Sill is,
Atlantic Cotton mil*,
Ocean Iflllls.
Peabody lUlUs,
AND
Hosiery and Knit Undervrear
•3
$4,110,176 72
1881
Returns of Premiums and Expenses
<raat>ln!;ton millii, Ctilcopee mfg. Co.
JBSurlius:tou Woolen Co.,
f>om Various
Held
Premiums uncoirct'd &
period.
And all kinds of
OTTON CANVAS, FELTING UUCK, CAR
COVERING, BAGGING, RAVENS DUCK, SAU,
TWINES, &c., " ONTARIO " SEAMLESS.
BAGS, "AWNING STRIPES."
.
$6,995,509 26
SUMIHARY OF ASSETS
Total
COTTON SAILDUCK
Saratoga Victor jr nifg. Co
Cash Assets
Losses paid during the same
Manufacturers and. Dealers In
£Uertou New
$5,627,02157
....
Premiums marked
ber,
Co.,
Dnane
$3,000,000 00
Reserve for Unearned Premiums 1,943,733 00
Reserve for Unpaid Losses
245,595 36
Net Surplus
1,806,180 90
of Its affairs
Machine Hand-Made Papers.
Antique Parchineat Papers.
No. 109
January 25, 1882.
Tlie Trustees, in conformity to the Charter of
and Record Papers.
&
Fllty-Seventh Senil-annnal Statemenr,
SHOWING TEE
CONDITION OF THE COMPANY ON THE FIRST
DAY OF JANUARY, 1882.
CASH CAPITAL
MASS.
Brinckerhoff,
BROADWAY.
OFFICE, 119
Mutual Insurance Co..
Whiting Paper Co.,
nOLYOKE,
NEW TORK,
OF
have their or-
(HANOVEK. SQUARE)
Company
insurance
ATLANTIC
BanVers, Stock Brokers and Corpooutfits of Account Books and
Rnnnlv Banks
with "iplrte
ral
Bankers'
HOME
1835.
Cole,
!8ears & PRINTERS.
Jio. 1
Insurance.
Insurance.
Commercial Cards.
ESTABLISHED
IVolS XXXIV.
Vloe-Preaidenf.
THE liROWN
Cotton Gin Company,
NEW
I.OM)0]V, CONN.,
MANOFACTUKEKS OP THE CELEBRATED
Brown Cotton
Gins, Gin Feeders] and
*
Condensers,
COTTON GINS FOR EXPORT.
Works at Orient,
L.
I.,
and
"
The Atlantic
&
Echeka"
" Obismt.
BIOHMONO, VA,
Virginia
Fertilizing Co.
OFFER THEIR STANDARD BRANDS
Ammoniated Bone ScPERP.noBi'HATE or LmB
« ORIENT COMPLETE MANURE,"
And want a pood workinR
aeent In every thriviiyt
cottooi tobaooo, eruin and truck growing countf*
Apnly (with reference) to
H.
O.
CKENSHAW,
Pros't,
CAEZJreHAW WAUGHOUSE.
Vice-Prealdcnt
aiduuondi Va*
,
Ferhuaht
& Gwynn,
Henry Hentz
a
COTTON VAOTORH
COMMISSION MBROHANT.'^,
Cotuta.
&
A. a.
Co.,
RN BK A L
I'OnmiBBlOfI HIBBrHAflTS,
8 Nontb Wlllilina tn'., New York.
AdTanoes made on (Vmiiltfnmenta to
Rleaara. JAIflBS PINLAV Jc CO.,
AND
i.lVBKPOOL. IXJNOON
U Ac IN Exchaoce Plaoe.
WKW YORK.
PQgT nc iiMNO.
&
Waldron
Tainter,
eENEHAL COTTON KIEKCHANTS,
al.ABOOVr.
" oixlere exftqut»<t
m
N. Y, r.Qtt<in
&
Gardes
NEW
Wisdom,;
ORLEAMti, LA.
COTTON BROKKR8,
PhlUJelplUa.
Robert Tannahill & Co.,
LnUAK, ABRABiM « CO.,
New Crleaas, La.
and
sale of
LlHHAN DtrsB * Co
UoQt omary, Ala
LEHMAN BRO'S,
Cotton ADO Factors
Jno. C.
H.
WATKR9 A
BANKERS
Ltrerpool aad adTiaees
Nea
made on Cotton
and otbtt produce coasi^ed
to as, or to oar corre.
•pOBdants In Urerpool, Messrs. a. Newgass A Co.
and Messrs. L. Kosennelm A Sons.
0EA8.
JOHK
noHOBST,
r.
B.
PEARI. STREET,
126
tfvw York.
BaealTe Consignments of Cotton and other produce
T.lBBRATi AOVANCBS MAUK.
Bpedal attention glTen to orders for the pnrehaae
sale of Contracts for Fnture DellTerj of Cotton.
Bd
&
Bennet
Foulke,
connissiox merchants,
PEARL STREET,
131
NKW YORK.
S.
Jemison & Co.,
BA KBBS
If
AXD
OOTTON COMMISSION MERCHANTS,
No. 10 Old Slip,
New
Mohr, Hanemann & Co.,
New
ST.
York.
BrBOIAI. ATTBHTTOK
or
186
GRATIER
New
OITEH to
O.N
orden
OBDKBA, roB
&
Rogers
C0ff"^
.^„
';;;
A CoifiagSHW
Pendleton,
•
COMMISSION MERCHANTS,
NO. or
New York.
&
CLISBT
ii.
COTTON BUYERS,
nONTUUaiERY, ALA.
Schroeder,
PEARL STREET, NEW YORK.
Advances made on consignments of Cotton, Grata
and other Produce.
Buy and sell contract* for fnture delivery at
Qrain and Provisions.
ST.,
Orleans, La.
Tint E.'CEODTIOll
OKDEBS rOB FOTUBE CONTRACTS.
J.
Geo. Copeland
COTTO:.^
136
&
114 Pearl
Co.,
B.F.BABCOCK&CO.
COMMISSION MERCHANTS,
IT Water Street, LIVERPOOL,
Receive consignments of Cotton and other Prodncc
and execute orders at the Kxchanges in Liverpool,
Represented In Now York at the olllce of
BABCOCK BROTHERS A CO..
9D WaU> BTBXBT.
H. Tileston
&
Co.,
COTTON, STOCKS, BONDS,
IB WILUAM street, new YORK.
^'
&
Special attention given to orders for the btiyliK
and selling of
roB Fittitbb Dklitxbt.
Memlicr of Cotton Exchange.
Tames F.Wenman& Co.,
')
COTTON BROKERb,
No. 146 Pearl Street, near wrall, N. Vs
>
BstabUshed
Tontine Building)
1840.
John M. Ewkt.
Jb.
Ewen
Brothers,
COTTON BROKERS,
Naa. 31
&
33 Bread
Street.
NEW YORK.
A. B. Biovnrt,
W. HIWSON,
Member Cotton Kxcn'ge Member Produce Hxob'ge.
J.
Campbell,
R. U. Bodntbxb, Special.
Hihson
Cotton Factora,
VICKSBOBO, niss.
Orders to Purchase Cotton in our market solicited
Refer to Ueaua .W.X>OWABO A STILLMAN
New York.
A. L.
(In
Wakbik Ewbn,
S(C
Futures** executed at N.Y.Cotton nxeh.
Parisot
F. Crumbie,
COTTON, New To*.
St.,
Conox
BE0KER8,
PEARL 8IRBBT, NBW YORK.
York.
Jemison, Groce It Co., 6«lTe8ton. X*xaii.
WM.MOHB. H.W.UANUfAMir. CLZMSNS FlSCHnt
PEARL
JOiiN
Urerr of cotton. Liberal adrances made on con-
Lemaa,
COTTON BROKER,
No
133
(3
signments.
Orders In
Bpaetal attention giren to the ezeeotlon of orders
for the parohase or sale of Contracts for Fntnn
dellTerr.
E.
cotton bhohi:rs,
BBAVBR frrBBBT, NBW YOBKif'
PCBCBASB ONi.r
COTTON COMMISSION MERCHANTS
BARRCTT
C. F. Hohorst & Co.,
COTTON
COMMISSION MERCHANTS
Ifo.
YOBfr
WALTER & KROHN,
OILLIAT SCaBOBDlB
111 Pearl Street,
NBW
PpeT BCILOINO,
for the purchase or sale of contracts for future de*
York.
Offdart exeented at the Cotton ExchcTiRes In
Torkaad
Co.,
18 WilllaB Utteet, New Yorli, .."]".
INVESTMENT 8ECDR1TIE8 BOUGHT AND
~OLI) FOR A COMMISSION.
&
Co.,
Special attention given to the Parchase and Sale
of Contracts for fnture delivery of Cotton.
COTTON COMMISSION MERCHANTS
Ware
L
!
COTTON
AMD
BXNBT H. WABX.
&
PTfiillups
/
.
CO.)
Special attention paid to the ezecntlon of
KXCHANG8 PLACB.
New
&
Graham
(Snooessors to R.
OoniiWISSION laERCHANTS,
40
.
rtrrcBK Contracts a spxclaltt.
Cotton Commission Merchants,
NEW YORK.
J.
lirlMtof
CQI^MI^.PION HBBCHANT8,
Noa. 16*18 BxehAnse Pla«e,
Co.
No. 110 Pearl Street, Neir York.
Special attention Klven to the pnrcbaae
future Contracts.
Beebe,
NBW
ta' C^niraota
Bt-Uvory.
V
V
Urerpool
COTrO!V FACTORS
Oottn Exchanse BuUdlnc,
&
Evans
Noa. 43 * 44
HTRBBT.
SPECIAL ^TTBNTION TO \ *. I
^r«kM«a$4i8ate
Special attention paid to the exeoitllon of orders
for the purchase or salo of contracts for future
dellTery of cotton In this market. New York and
A9V COMMiaSIOM MEKCHANT8
St.,
Special attention given to tlio exooutlnn of orders
for future delivery contracts.
I
&
r-
York.
naif iiT M. BTAji*,
_o«Ai. ruAKOK Bsaaa,
Member N.T. Cottoa Kxobuge.
CO.,
COTTON-
Geo.H.McFadden & Bro Geo. Brennecke
181 Ch««tnnt
New
Hirciit,
CdMMISSION MERCHANTS,
COTTON BROKER Am> AGBNT,
tS RVK OB LA BODKSE, UAVBB.
Blossf
mKR<'HAl«TII.
Na. 133 Prarl
and lilTuriHKit: also at New Orleans thruuiib Messrs.
Samuel II. Buck & Co.
BrohVp
Hoffmann,
F.
&
IflUllt
j.
COTTON
CALCUTTA AND UoMBAV.
CONTRACTS KOK KUTUIIK DKI.IVKKY COTTON bonytit and sold on cotiniliialun In Nuw York
NEW YORK.
87 P^:AKL BTKEKT,
**i*wtiir<
FINLAV,
neaara.
awATMvnr.
Gwathmey &
Also ezoouta ordora tor Mt^rchundlie throawh
I
:
tUivJ^i.
4'olluli.
Fielding
,
THE CHRONICLK.
23, 1889.
John F. Wheless
&
Co.,
COTTON
COniniSSION nEROHANTS,
NASBVUXE, TENNESSEE.
Bpedal attention given to Spinners' orders. Cor
raspondence solicited.
HxnBXNCxs.— Tbird and Fourth National Banks
aod Proprietors oi the CasoHicuL
Blount,
And General Commission Merchautai
89 PEARL ST., NEW YORK.
Special attention given to the execution of
0B>
FOR FUTURE DBUVSBY OF COTTOH
AND PRODUCE.
DEIIS
160 SECOND STREET,
niAOON, GEORGIA.
Entire attention paid to purchase and shirment of
Cotton on order tor Spinners and ICxporters.
Best of reference* f>»ol*bed. Oorrasp>ndencf
&
COTTON FACTORS
HTMANS A DANOY,
NoBroiJC, Ta.
Dancy, Hyman &
Co.,
COTTON COMMISSION MEBOBANTB,
97 Pearl Ht., New Yerk.
Special attention given to the purohaee and sale
of contracts for future dollrcry.
Dennis Perkins
&
Co.,
COTTON BROKERS,
IIT Pearl Street,
New
York.
Orders tor Spot Oottoa aad Fatoree proatotlv ex*>
OMSd
—
THE CHKONICLE.
T&l
[Febbuabt
is, 1889.
Cotton.
Insurance.
THIRTY-SIXTH ANNUAL STATEMENT INMAN,SWANN&Co
or THB
COTTON MERCHANTS,
CONNECTICUT MUTUAL
COTTON EXCHANGE BUILDINa,
New
Life Insurance Company
OF HARTFOKD, CONN.
LOANS MADE ON
SOUTHERN SECURITIES.
WH. Ebtbt Woods.
AflSETS, Jannary
1,
^
1881
m
517,833,628 70
1881—
Bbcbitid
For premlonu
For Intereat and renU
Proflt and loas
DISBURSED IN
* 18 EzebaBKo Place.
COTTON, STOCKS AND BONDS.
OJtDBBS llf rVTORX OONTBAOTa
xjosaxmiD in nsw tork ajtd lttebpool
p. O.
1S81.
No. 141
EXPBNSES—
others
em-
and
276,607 84-
other expenses
$677,487 07
454,590 06— $7,216,301 34
Balance Net Assets, December 31, 1881
Insurance.
$48,778,093 S7
SCHEDVLE OF
iETNA
ASSETS,
Loans npon Seal Estate, first lien
Loans upon Stocks and Bonds
$18,037,201
401,303
3,347,600
12,657,974
4,618,853
619,900
2,572,300
3,407,480
122,761
26.000
2,933,319
33,399
Policies In force
Cost of Real Estate owned by the Company
Cost of United States Registered Bonds
Oast of State Bonds
,
:
Oast of Bank Stock
Cost of Railroad Stock
Cashln Bank
Balance due from agents, secured
12
28
47
92
10
00
84
00
00
00
60
14
Company
Insurance
OF HARTFORD.
Assets Janaaiy
1, 1881
unpaid losses
and re-insoranoe fund
Liabilities
$7,424,073 7»
for
1,694,801 80
3,000,000 00
Capital
NET BX7BFLU8
No. 3 Cortlandt
«2,T39,3T1 99
St.,
New
ALEXANDER,
JAS. A.
York.
Agent.
$48,778,093 37
Al>D
Interest due and accrued
North
$923,583 60
14,373 88
497,676 02
B«nte accrued
Harket value of stocks and bonds over cost
Het premiums In course of collection
Ket deferred quarterly and seml-annnal premiums
&
None
43,053
08— $1,480,691 48
Gross assets, December 31, 1881
$50,258,784 85
LlABnjTIBS—
British
Mercantile
Co
Ins.
OF
LONDON
AJ\D
EDINBURGH.
United States Board of Managementi
2fBW
required to re-insure all outstanding policies, net as-
Bumlng 4 per cent Interest
All other
COTTON BBOKEHS,
No. 114 PEARIi STREET.
all
Taxes
& Co
William H. Beede
103,541 93
10,540 25
Printing, Advertising, Legal, Seal Estate
PEAKL STREET, NEW TOSK,
Adrances made en Con sign menu of Cotton. Con*
tracts for Future Deltverx of Cotton bought aad
lold OQ commisaion.
$286,797 05
all
NSW TOKK.
8348.
OOTTOIvr
$6,081,224 21
TotaltoPoUoy-liolderg...,—Oonunlsalons to Agents
Balaries of Officers, Clerks and
ployed on salary
Medical Examiners' fees
Box
Henry M. Taber,
For claims by death and matured endowment*.. $3,718,646 87
1,284,342 53
SarplUB returned to Policy-holders
1,081,234 81
Lapsed and surrendered PoUciea
Amount
Murphy,
(POST BinLOIWO,)
To POU0T-HOLDSB8—
OostofClty Bonds
Oostof other Bonds
MtTBPHr
16
$5,238,811 82
2,830,328 08
91,626 11— 8,160,766 01
$55,»94.891 71
Premium notes on
Q.
8.
&
Woods
HBT
Tork.
FORE
:
SOLON HUMPHRKYS, Cli'r'n,(E. D.Morgan & 00
DAVID D0W8, Bsq. (David Dows & CoO
B. P. FABBRI, Bsq. (Drexel, Morgan & Co.)
S. B. OHITTENDBN.
~^ii87iF7l"o8 Hon.
EZRA WHITB, Esq.
$45,810,598 00
1,060,614 87—16,871,212 87
lialbllltles
BaiplusbyConneotlcutStaiidard, 4per cent
Bnrplns by New York Standu^ 419 per cent, about
6,'500,'oOO
J. J.
ASTOB,
Bsq.
CHA8. E. WHITE, SAM. P. BLA(ilD£^|
Eatlo of expense of mana ement to receipts In 1881
December 31, 1881, 63,913, Insuring
8-80peroent
$169,039,867 89
Policies In force
JACOB
JOHN
W.
«.
». H,
L..
GREENE,
MANAGBB8,
Office 64
President.
TATEOR, Secretary.
ABBOT, Assistant Secretary.
WEEES, Actuary.
S.
General Agent for N. Y. City,
No. 1
WALL STREET,
COB.
St.,
New
LJnion Ins.
Ca
(OF LONDON),
MILLER,
Long ;;Island, and New
York.
''commercial
n.
PHILIP
William
ALFRED
Jersey,
BBOADWiT, NEW YORK CITyT"*
PELL,
Resident Manager,
Sr
&
89 Wall
Street
@FedFRASER