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ì' HUNT’ S MERCHANTS’ MAGAZINE, & S H J t t k li} REPRESENTING THE IN DU STRIAL VOL 44. £ jU w ijia | w , A N D COMMERCIAL INTE lBSPS OP •THE NEW YORK, FEBRUARY 5, 1887 fin a n c ia l. fr it t im e la !. fr it t im e la !. DIAMONDS. 78 TO 86 T R I N I T Y P L A C E , NEW YORK. Alfred H. Smith & Co., B usiness F ou n ded 1 7 9 5 . Incorporated under law, of State of New York, 19UL IM PORTERS, 182 Broadway, Cor. Jobn Street. B e o r g a n lz e d 1 8 7 9 . and P rinters of BONOS, P O S T A C E & R E V E N U E STA M P S* LEGAL T E N D E R A N D N A T IO N A L B A N K NOTES of the U N IT E D S T A T E 8 ; and fof F o re ig n Governments, ) n o tes , s h a r e c e r t if ic a t e s , bonds FOB G O V E R N M E N T S A N D C O R P O R A T IO N S , D RAFTS, C H E C K S , B I L L S O F E X C H A N G E , STAM PS, A c ., in t h e finest a n d m ost artlstle style FROM STEE L PLATES, fftth SPECIAL SAFEGUARDS to PREVENT COCNTERFEITDNk Special papera manufactured exclusively for use O f tbo Company, S A FETY C O LO R S . SOLID SILVER. G O R H A M M ’f ’g C o., Broadway and Nineteenth Street, S A F E T Y PAPERS* AND 9 MAIDEN LANE. W o r k E x een ted In F ir e p r o o f B u ild in gs. LITHOGRAPHIC AND TYPE PRIHTIHG. VICE-PRESIDENTS i 1 MACDONOUGH, A. D. SHEPARD, W. M. SMII.LIE, TOURO ROBERTSON. THEO. H. FREELAND. Sect’y and Trees. Maverick National Bank - Floyd-Jones & Robison, B A N K E R S AND B R O K E R S , N o. 2 E xch a n ge C o a rt, N ew Y o r k . Stocks, Bonds and U. 8. Government Securities Bought and Sold on Commission. W m . C. F l o y d -J ones , W il l ia m R obison Members New York Stock Exchange. J. A. Kohn Sc C o., $ 4 0 0 ,0 0 0 $ 4 0 0 ,0 0 0 Accounts o f Banks, Bankers and Corporations solicited. Our facilities fo r COLLECTIONS are excellent And we re-discount fo r banks when balances war rant It. Boston is a reserve city, and balances with us from banks (not located In other reserve cities) count as a reserve. We draw our own exchange on London and the Continent, and make Cable transfers and plaoe Money by telegraph throughout the United states and Canada. B A N K E R S AND B R O K E R S , (M il l s B u il d in g ), 19 B R O A D S T . , N. Y . Members o f the New York Stock Exchange. Execute orders on commission fo r B o n d s , S t o c k s and F o r e i g n E x c h a n g e , D e a l e r s in ft r s t -c la s s I n v e s tm e n t S e c n r it ie s . Particular attention given to investments fo r Cap italists. Trust Funds and Institutions. S. M. R o b e r t s . P a u l Sc h w a r z . Roberts & Schwarz, Government Bonds bought and sold, and exchanges in Washington made for banks without extra charge. (H U L L S B U I L D I N G ,) We have a market for prime first-class Investment Securities, and invite proposals from States, Coun ties and Cities, when issuing bonds. We do a general banking business, and invite cor IN VESTM EN T SEC U R ITIE S. respondence. A S A P . P O T T E R , P r e s id e n t. JOS. W . W O R K , C a s h ie r . W. P. Wight & Co., W e make a specialty o f the buying, selling and placing o f first mortgage bonds o f railroads, water works, gas works and other first-class corporations. W e solicit correspondence. Henry S. Ives Sc C o., STOCK BROKER. Vo. 25 N ASSAU S T ., N E W YORK. P . 0 . BOX 1,422. Transact a general banking business, inolnding the purchase and sale o f secnrities listed at the New York Stock Exchange, or In the open market. Lansdale Boardman, Receive deposits subject to check at sight and allow interest on daily balances. N E W Y O R K , 80 BROADWAY A li NEW 8T Government, State, County, City and Railroad bunas constantly on hand tor sale or exchange, and particular attention given to the suDject o l invest ments for Institutions and trust funds. t r o y , N . Y . , Ne. 17 FIRST STREET. Stock Exch. membership; privatevnrij ail faciliti«,. Buy and sell on Commission, for cash or on m argir. »¡1 securities dealt in at the New York Stock Ki i' change. interest allowed on daily balances. All deposits subjeot to check at sight. Particular attention to orders by mall or telegrair . 72 B ron d w a y , * 1 3 N evr S tr e e p (Members o f the N. Y. Stock Exchange.) Buy and sell Stocks and Bonds fo r cash or on marv Kin* interest allowed on deposits. Conespondenoe. solicited. JOHN F. DOUGLAS. O f the late firm o f Lawson. Douglas A Co. _ . W IL L A R D H. JONES, Late o f W.S.Lawson & Co., Member N.Y.Stotgk Exeh ‘A. L. Hartridge, G A ., BROKER. Buys and sells on commission all classes o f Stock* and Bonds. Negotiates loans on marketable securities. w‘ w Vork Quotations furnished by private tlcke» every fitu en minutes, Chrystie 6c Janney, BANKERS, N o e. 2 3 Jk 2 5 N aseau S t ., N e w Y o r k ^ Receive deposits aud consignments o f Bullion, ueal in investment Securities and Foreign Ex-, change and invite correspondence. Particular attention Kiven to information regarding Investment Securities. * H. L. Horton Sc C o.. 3 4 an d 56 B R O A D W A Y , N ew Y ork - ' BARTH OLOM EW HOUSE, >T Ba r t h o l o m e w l a n k , ( L o n d o n , S p e c ia l A t t e n t io n G iv e n t o A m e r ic a a . S e c u r it ie s , Solicit Accounts and Orders fo r the Purchase a n * Sale o f Bonds, Shares, Ac., Ac., on Commission, ia. New York, Boston, Chicago, London or Paris, Interest allowed on deposits subject to drafts at sight. Members o f the New York and Boston Stock Etc changes and o f the New York and Chicago Produc% Exchanges. Private wires 1o Chicago, St, Paul, Boston, H a ford, Buffalo and Utica. H . B. Hollins Sc C o ji s BANKERS, 18 W A L L an d 3 N ASSAU S T R E E T S . NEW YORK. T r a n s a c t a G e n e r a l B a n k i n g B u s in e s s , BANKERS, 72 B road w ay, STOCK BRO K ERS. a n ^ ^ l ’.Bond\ and Miscellaneous Securities boug ana sold for cash or on margin. w. P. W ig h t , j . b . Cr e ig h t o v Memb. N.Y. Stock Exch. a . B. CLAFLiN,°spe FIRST-CLASS IN V E STM E N TS. SECURITY BOSTON, BASS. C A P IT A L , SURPLUS, Connected by Private W ire with main <fflie. Neva York. DEALERS IN ISA V A N N A H , R A IL W A Y T I C K E T S O F IM P R O V E D STVUDK S h ow Cards, L a b e ls, Calendars. BLANK BOOKS OF EVERY DESCRIPTION ALBERT G. GOODALL, President 1 6 A 18 B r o a d S tree t, N e w Y o r k . 1 21 S o u tb T h ir d S treet, P h ila d e lp h ia «, Douglas Sc Jones, ENGRAVING AND PRINTING, Bank NO. 1,128 ' Geo. K. Sistare’s Sons* A M E R IC A N Bank Note Company, E ngravers UNITED STATER DEALERS IN GOVERNMENT, MUNICIPAL ANR R A IL R O A D SECURITIES. DEMAND DEPOSIT ACCOUNTS R ECEIVED, INTEREST ALLOW ED ON D A IL Y BALANCES. W a l s t o n H . Br o w n . F r k d . a . Br o w n , ’ H e r b e r t P. B r o w n . Walston H. Brown & Bros, B A N K E R S, NO. 2 0 NASSAU S T R E E T , NEW YORK. THE CHRONICLE. il [V ol. XLIV, Saniunes anÄ grato ers of floret qu 'gxtimu#*. Drexel, Morgan & C o., August Belmont & C o., WALL STREET, CORNER OF BROAD, NEW N o. YORK. Drexel,Harjes & Co Drexel & Co., Dor. o f 6th A Chestnut Sts. 31 Boulevard Haussmann, P A R IS . P H IL A D E L P H IA D O M E 8 1 10 AN D FOREION BANKERS. Deposits received subject to Draft. Securities r bought and sold on commission. Interest allowed on Deposits. Foreign Exchange. Commercial Credits. Cable Transfers. Circular Letters for Travelers, available in all parts o f the world, . attorn eys an d A gen ts ISSUE TR A V E L E R S’ CREDITS, available In all parts o f the W orld, through Messrs. N. M, Rothschild dc Sons, London. “ de Rothschild Bros.. Paris. “ M. A . de Rothschild Sc Sons. Frank* tort o\m. 8 . M . de Rothschild. Esq.. Vienna. AND THEIR CORRESPONDENTS. Draw Bills o f Exchange on, and make Cable Trans f ers to, England. France and Germany.____________ J . & W . Seligman & Co. of N o. M e s s r s . J . 8 . M O R G A N A C O ., S o. 22 OLD BROAD STREET, LONDON. T Brown Brothers & C o., B oston , N ew Y o r k , P h ila d e lp h ia , A L E X A N D E R B R O W N Sc S O N f, BALTIM ORE. Members o f New York, Philadelphia and Baltimore Stock Exchanges. ¿Execute orders for all investment securities. Buy and sell Bills o f Exchange on Great Britain and Ireland, France, Ge:m iny, Belgium, Holland, Switzerland, Norway, Denmark. Sweden, Australia. St. Thomas, St. Croix and British W est Indies. J. & J. Stuart & C o., 13 NASSAU PAYNE Sc S M I T H ’ S , BANKERS, LONDON, M ANCHESTER Sc C O U N T Y R A N K , “ LIMITED,” MANCHESTER, P A Y A B L E IN LONDON ; ULSTER R A N K IN G COM PANY, BELFAST, IR E LA N D ; AND ON THE R A T IO N A L RANK OF SCOTLAND, EDINBURGH AND BRANCHES; ALSO, CABLE TRANSFERS AND LETTERS OF CREDIT. J ohn M unroe & C o., N o . 3 2 N a ssa u S treet, N e w Y o r k . N o . 4 P o s t Office S q u a re , B o s to n . Issue Circular Letters o f Credit for Travelers’ Use Abroad against Cash or Satisfactory Guaranty o f Re-payment. E x c h a n g e o n L o n d o n , P a r is , R e r lln a n d Z u r ic h . Cb e its d Ope n e d BANKERS, BROAD STREET, New Y o r k . On SELIGM'AN BROTHERS. London. SELIGMAN FREHES & CIE, Paris SELIGMAN & BTETTHE1MEK, Frankfurt. ALSBEKG, GOLDBERG & CO.. Amsterdam. A LTM AN & STETTHEIM EP, Berlin, Payable In any part o f Europe, Asia, Africa, Aus tralia and America. Draw Bills o f Exchange and make Telegraphic Transfers o f Money on Europe and California. J. K e n n e d y T od . A lex a n d e r b a r in g . H. o . Nohthcote . Member N. Y. Stock E xch’ge J. Kennedy T od & C o., No. 63 W ILLIAM STREET, RANKERS. A ct as Agents for Banks, Bankers and Railroad Companies. Issue commercial credits, also foreign and domestic travelers’ letters o f credit in pounds sterling S dollars. t, O iler I n v e s tm e n t S ecu rities. Buy and sell bonds, stocks and securities in all Am erican, Canadian, British and Dutch markets on com mission. Collect dividends, ooupons and foreign and inland Drafts. Sell Bills o f Exchange on M EL V IL L E , EVANS Sc CO.» 1 . n » nnN C. J. HAM BRO Sc SON, ’ {LONDON. M AR CU ARD, K R A U S S Sc CO., 1 w HOTTINGUER Sc CO., |P A R IS . STREET. BILLS OF EXCHANGE ON -S M IT H , 23 Issue Letters of Credit for Travelers I s s u e C o m m e r c ia l Sc T ra v e lers* C redits IN BTERLINO, Available in any part o f the world, In Fra n cs for use in Martinique and Guadeloupe, and in dollars for case In this oountry, Canada, Mexico and West Indies. Make telegraphlo transfers o f money between this Tountry, Europe and British and Danish West In dies. Make collections o f drafts drawn abroad on all points in the United States and Canada, and o f drafts drawn in the United States on foreign coun t r ie s . Their London house, Messrs, BltOWN, SHIPLEY A CO., receive accounts o f American banks, firms .and individuals upon favorable terms. BANK ER S, 1 2 P in e S treet, and paym ents m ad e b y Ca b l e . P a r is H o u s e —M U N R O E Sc CO. Schulz & Ruckgaber, BANKERS, 3 9 W IL L IA M ST R E E T , N E W Y O R K CORRESPONDENTS OF THE I n t e r n a t io n a l R a n k o f L o n d o n ( L im it e d ), L o n d o n . M e s s r s . J o h n H eren berg , D o ssier Sc C c, H am bu rg. M e ssr s. M a r c u a r d , K r a u s s Sc C o ., P a r is Commercial and Travelers’ Credits. Bills o f Exchange. Cable Transfers. John Paton & C o., W illia m S treet, N e w Acoounts and Agency o f BankB, Corporation?, firms and Individuals received upon favorable terms. Dividends and interest collected and remitted. A ct as agents for corporations in paying ooupons and dividends; also as transfer agents. Bonds, stocks and securities bought and sold on commission, at the Stock Exchange or elsewhere. Sterling Exchange and Cable Transfers bought and sold. DRAW ON TH E UNION BANK OF LONDON, AND G eo . Co p p e l l . T h os . M a it l a n d . G e r a l d L. H o y t , Member N. Y. Stock Exch. h a n k e r s an d b r o k e r s , Members o f the New York Stock Exchange. aouAuicKS in F o r e ig n E x c h a n g e , Go v e r n m e n t AND OTHER INVESTMENT BONDS. STERLING LOANS A SPECIALTY. 4 4 W a l l S t. a n d 6 2 G reen e St. N. Y . Buy and sell on commission, for Investment or on margin, all securities dealt in at the New York Stock 3BL>'hai>g9, 'Canadian B a n k o f Commerce. CAPITAL, $1,000,000. SURPLUS, $1,600,000. J. H. GOADBY & ALEX. LAlltl), AGENTS. 1« EXCHANGE PLACE, N EW YO RK sB JY AND SELL STERLING EXCHANGE, CABLE TRANSFERS, ETC. -ISSUES COMMERCIAL CREDITS, A V A IL A B L E IN A L L P A R T S OF T H E W ORLD. Capital, 8 2 ,0 0 0 ,0 0 0 STREET. Full paid. Buys and sells Bills o f Exchange, drawing on Baring Bros. & Co., London, also on Paris and Berlin, A cts as Financial A gent In the negotiating and marketing o f Securities. Deals In Bonds—Corpora tion, Railroad, State, Municipal, Ac. Executes orders on commission in Bonds, Stocks, Ac. Collects Interest and dividends. Receives money on deposit, allow ing Interest. A s desirable Investments offer, will Issue its Debenture Bonds, secured by its capital and assets. -------W ILLIAM BROCKIE, President. W H ARTON B AR K E R , Vice-President. H ENRY M. HOYT, J r ., Treasurer. ETH ELBKRT W ATTS, Secretary. Board o f Directors—William Brockie, George 8. Pepper, Morton McMicbael, Wharton Barker, Henry C. Gibson, T. Wistar Brown, William Potter. Advisory Committee o f Stockholders.—George M. Troutman, Gustavus English, Isaac H . Clothier, William Pepper, M .D., Thomas Dolan, John G. Reading, Joseph E. Gillingham, John Wanamaker, Henry E. Smith, Charles B. Wright, Henry Lewis, Cralge Llpplncott,Hamilton Disston, Clayton French, Francis ltawle. Heidelbach, Ickelheim er & Co., 29 W IL L IA M Cor. Exchange Place, FOREIGN STREET, NEW YORK. BANKERS. BUY AND D R A W BILLS OF EXCHANGE, MAKE CABLE TRANSFERS, ISSUE TR AV E L ERS’ CREDITS. ISSUE COMMERCIAL CREDITS, A V A IL A B L E IN A L L PA RT S OF TH E W ORLD, ON Messrs. G. J. Hambro & Son. Loudon. JSaukjers and JBrolters. 16 and 18 Broad Street, N. Y. Albany, N.Y. Providence, R. T . Saratoga. Transact a General Banking Busimss, Direct Private Wires to each office and to PHILADELPHIA. BOSTON, WORCESTER. W alcott & Maitland, Phelps & C o., J C. KER8 AND BROKERS. C o., BAN B A N K E R S N o . 2 4 P in e S treet, N e w Y o r k . AND COMMISSION 22 Sc 2 4 MERCHANTS, E x c h a n g e P la c e , Ne w Y o r k . BILLS OF EXCHANGE, LETTERS OF CREDIT, TELEGRAPH IC TRANSFERS OF MONEY ON LONDON, PARIS, MEXICO, CUBA, Ac., &c. Kidder, Peabody & Co., 1 Nassau Street, New York, 118 Devonshire Street, Boston. Messrs. BARING BROS. & CO., London C O M M E R C IA L Transact a General Banking Business Stocks and Bonds bought and sold on Commission. Orders received In Mining Stocks, and In Unlisted Securities. Collections made and loans negotiated. Dividends and interest collected. Deposits received subject to Draft. Interest allowed. Investment securities a specialty • W e Issue a Financial Report weekly. J os. C. W a lc o tt , ) Members o f the N ew T oik Fr a n k F. D ic k in so n , j______Stock Exchange. William T . Meredith, FOREIGN RANKERS, ATTORNEYS AND AGENTS OF Unger, Smithers & C o., 3 IO C H E S T N U T B A N K E R S <c BR O K E R S, S Y ork. BRITISH LINEN CO. BANK, LONDON SCOTLAND. I N V E S T M E N T CO. o f Philadelphia. Spencer Trask & Co., SUCCESSORS TO JESUP, P A T O N & CO., 52 THE 48 W A L L S T R E E T , (Bank o f New York Building). Bonds and Stocks bought and sold at the New York Stock Exchange. BONDS AND INVESTMENT SECURITIES FOB SALE L. C. L a t h r o p . Osc a r B. Sm it h . J. H.O l ip h a n t . C R E D IT S . Latlirop, Smith & Oliphant, C ir c u la r C red its f o r T ra v e le r s . BANKERS AND BROKERS, C a b l e T r a n s f e r s a n d B il l s o f E x c h a n g e G r e a t B r it a in a n d t h e Co n t in e n t . K O IA T Z E on BROTH ERS, BANKERS, 3 7 B R O A D S T ., N E W Y O R K , 6 P A C I F I C A Y E ., C H I C A G O . Members New York Stock Exchange. New York Cotton Exchange, and Board o f Trade, Chicago. 1 20 B r o a d w a y , Equitable Building, New Y ork. L E T T E R S OF C R E D IT AND C IR C U L A R NO TES Issued fo r the use o f travelers In all parts o f the world. Bills drawn on the Union Bank o f London. Telegraphic transfers made to London and to various places in the United States. Deposits received sub ject to check at sight, and Interest allowed on bal ances. Government and other bonds and Investment securities bought and sold on commission.' Stew a r t B row n ’ s S ons , STO CK BROKERS, 6 4 B r o a d w a y Sc 1 9 N e w S t ., N e w Y o r k * iii THE CHKUmCLF, February 5 ;hv7. ) %nnkzxs aud QxaUzxs in gtexu 'S ovît Cíitij. F. E. Trowbridge, •Taintor & Holt, b. h . E m erson , I.H .W a g g o n e r . BANKERS, Frapk C. Hollins & C o., N o . 11 W a l l S t ., C o r. N e w , N e w Y ork .. BANKERS AND BROKERS, BANKER AND BROKER, No*« 3 A 5 B road , o r 2 9 W a l l S treet«. (B r a n c h Offic e , 290 B r o a d w a y .) Member o f the New York Stock Exchange. Di rector o f Merchants’ Exchange National Bank, American Sayings Bank, American Safe Deposit Company, Ac., Ac. Securities bought and sold on commission, for eesh or on margin. Ail inquiries gratuitously res* ponded to. Correspondence solicited. jambs W h it e l t , H. Cr u g e r o a k l e t . Ma y n a r d C. e y r e , H e n r y H. D odg e , Washington, D. c. W m . R. T r a v e r s , Special Partner. Prince & Whitely, HO, 6 4 B R O A D W A Y , N E W F. c . H o l l in s , YORK. BRANCH nvwioma i 5 3 9 Fifth8t>> Washington, D. C, OrriCB8 J 180 15th A ye., New York. Buy and sell on commission all olasses o f Railroad Securities; also Grain and Provisions. private Telegraph wires to Philadelphia, W llm '"1 ton, Baltimore, Washington, Bridgeport, New H. yen, Boston and Pittsburg.______________________________ E. L. Oppenheim & C o., TRAN SACT a GENERAL BANKING business. DEPOSITS received and INTEREST allowed on balances. Buy and sell GOVERNMENT, MUNICIPAL and RAILR O A D Securities. Private telegraph wires to Providence and Boston GILES E. TAINTOR. GEO. H . HOLT. _______________ Q. D, L’H U ILIER._______________ Members N. Y. Stock Exchange. 11 246 W ALL CLARK STREET, AND NEW YORK, S T R E E T . C H IC A G O , I L L . Simon Borg & C o., N o . IT NASSAU S T ., NEW YORK Gorham, Turner & C o., DEALERS IN A L L KINDS OF BANKERS AND BROKERS, Railroad and Investment Securities. m ills B u ild in g , 3 5 W a l l S t., N e w Y o r k A u stin G. G o r h a m . Ch a s . W . T u r n e r , C h a b . C. N o b l e . Member N. Y . Stock E xob. R. J. Kimball & C o., BANKERS AND BROKERS, 17 Years’ Membership New York Stock Exchange. Members Philadelphia Stock Exchange. S o u t h e r n S e c u r it ie s a H eotatw , p Albert Pearce, 16 A 18 B R O A D S T ., BROKER IN A L L KINDS OF INVESTMENT BONDS, MISCELLANEOUS 8ECU RI1ISS AND DEFAULTED BONDS. ________CORRESPONDENCE SOLICITED________ (ESTABLISHED 1882], Nos. 1 6 A 18 B r o a d S treet, N e w Y o r k . J a m e s T. Closson . J ohn B. D umont . H em a n Cl a r k , Special Partner: BANKERS AND BROKERS, Buy and sell on commission, fo r investment or on margin, all securities dealt in at the N.Y. Stock Exch. Ro b e r t J. Kim b a l l . A lfre d b . Lo u n sb k k t . Closson & Dumont, 51 & 53 New Street and 42 Broadway. Br a n c h Office , 91 L e o n a r d St r e e t . W. H. Dic k in s o n , Ed w a r d Member N. Y. Stock Exchange. p . a l l in c . Edward L. Oppenheim._____________Walter Dei Mar. Dickinson 6c Ailing, WM. V. CAROLIN, CHARLES F . COJ. Member N. Y. Stock Exchange. BANKERS AND BROKERS, N o . 3 0 P in e Street, N e w Y o r k . Carolin & Cox, Banker« & C o m m is s io n S to c k B r o k e r s N o. 56 BROADW AY. Branch Offloe, 315 Madison Av., cor. 42d St., New York Deposits received subject to check at sight, and Interest allowed on daily balances. A ll Stocks ano Securities dealt in at the New York Stock Exchange bought and sold on Commission, for Cash or upon Margin.____________________________________________ Alexander Campbell & Co., BANKERS AND BROKERS, 17 N A SSA U S T R E E T , N E W YORK. M alcolm Ca m p b e l l , Member o f N. Y, Stock Exch. Fred. H . Smith, Buy and sell at N. Y. Stock Exchange, for IN VESTMENT or on MARGIN, all classes o f Stocks and Bonds, and allow interest on deposits, subject to check at sight._____________________________________ C. J. Turner, (16 Years’ Membership in the N.Y. Stock Exchange.) BANKER AND BROKER, 16 & 18 BROAD ST., NEW YORK. Transacts a general Banking business, including t be purchase and sale o f stooks and bonds fo r cash or oi margin. John H. Davis 6c C o., BANKERS AND BROKERS, N o. 10 W ALL 8T„ NEW YORK. Orders for Stocks and Bonds executed at all Exchanges. Especial attention given to supplying high-class BANKER & BROKER, IN V E S T M E N T S E C U R IT IE S . No. 2 0 B R O A D S T ., N E W Y O R K . Twenty years’ experience in Railroad Bonds. P ar ties desiring to buy or sell Uncurrent Bonds wit! please communicate. Stocks bought in Fractional Lots or otherwise, either for Cash or on Margin. F. H. Sm ith , ( Members Consolidated Stock and 8. W, Sm it h , < Petroleum Exchange. New York. BANKERS AND BROKERS, No. 6 W a l l S treet, N e w Y o r k . Stocks and Bonds Bought and Sold on Commission lor cash or on margin. bpecial attention given to Unlisted Secnritles. Deposits received suuject to Cheok at Sight. ___________ Correspondence Solicited.___________ Wood, Huescis 6c Co., 31 PINE STREET, NEW YORK, b a n k e r s an d b r o k e r s , successors to WOOD A D A V IS . N o . 24 B l & O A D S T R E E T , New Y e ik . BROKER AND Dealer in Miscellaneous Secnritles, MILLS BUILDING (8d Floor,) Rooms 25 A 26. 33 W A L L STREET. 8TATE AND CITY BONDS OF GEORGIA, ALSO SECURITIES OF TH E CENTRAL RR. A BANK ING CO. OF GEORGIA, A SPECIALTY. Investors wishing to buy or sell are Invited to call or correspond. Prompt and personal attention given to all orders.____________ ______________ ■ John ß. Manning, BANKER AND BROKER. No, 1 4 W a l l S treet, N e w Y o r k C ity , S O U T H E R N S E C U R IT I E S A SPECIALTY. State, Municipal and Hallway Ronds and Conpo s bought and sold at best market rates. Investors oi dealer« wishing to buy or sell are lnvltecKo communl iutu with us. u»rrtw>r o f the New York Stock Exchange. N o. /0 . B A N K E R S , N o. 18 W A U L S T R E E T , N ew Y o rk . Transact a General Banking Business, including the purchase and sale o f STOCKS and BONDS for cash or on margin. B a y a n d S ell I n v e s tm e n t S ec u rities. A. M. K id d e r . W a v l a n d T r a s k . H . J. M ohsf . W . C. H il l . l3 o o d i| i A l i k e it e m & Hamilton 6c Bishop, BANKE tig AND BROKERS, A . Dutenhofer, BANKERS, f V Execute orders in all securities listed at the New tork stock Exchange. For Sale: FUtsx-CLASS R a il r o a d F ir s t Mo r t g a g e B o n d s . BANKERS, QBOKGB C. WOOD. C. H . HUKSTIS. L. M. SWAN. 5 § B r o a d w a y , c o r . E x o h a n g e P l a c e , N . Y . B r a n c h O ffice, 2 4 1 L a S a l l e S t.. C H Icago. TRANSACT A GENERAL BANKING BUSINESS, INCLUDING TH E PURCHASE AND SALE OF 8TOCKS AND BONDS FOR CASH OR UN MAR „ BANKERS AND BROKERS, No. 35 P i f t E S T K E O T , M E W Y O R K . GIN. BUY AND SELL INVESTMENT -ECUKITIES. INTEREST ALLOW ED ON DEPOSITS (Members New York stock Exchange.) T ocounts o f Ranks, Bankers and otners received. SUBJECT TO CHECK . A T SIGHT. P. 0 B ox 447. Merest allowed on balances. A strictly Commission D. A . BOODT. C. W . M cL eIAAN. usines» in the purchase and sale o f stocks and bonds. R e u ben l b l a n d . BÎÎivate Telegraph W ire to Albany,Troy, Syracuse, Rochester, Utica, Buhaio, Cleveland .,nd Chicago. Rno T on Bank o f London in amounts to suit. opeciai attention given to Securities for investment. W. H. Goadby & C o., A ll stocks and securities dealt In at the ’New York Stock Exchange bought and sold on commission, fo r ctisb or on margin. Deposits received and interest allowed on balances._______________ -_______________ Ciiman, Son & C o., Chas. j . T o w n skn o , La n s in g C. W a s h b u r n . Member N.Y. Stock Exchange. J n o . P. T o w n se n d , Special Partner. Townsend & Washburn, BANKERS AND BROKERS, N o . 4 0 W a l l S treet, N e w Y o r k . BANKERS, U N IT E D B A N K B U IL D IN G , W a l l S tree t, c o rn e r B r o a d w a y . STOOKS, B O N D S d C O M M E R C IA L P A P E R k Stocks aqd Bonds bought and sold on commission at New York Stock Exchange. Advances made on business paper and other securities. 62 CEDAR STREET. In addition to a General Banking Business, Buy tnd Sell Government Bonds and Investment Securi ties;_______________________________________________ JOH N H O W A R D L A T H A M , F R E D E R IC K W . I E H R T . Member o f N. Y. Stock Exchange. J. H. Latham & C o., c UNITED BANK BUILDING, No. 2 W A L L S T R E E T , N E W Y O R K fiity, ron nty. State, Railroad,District o f ryuomMa Ronds and Foreign Exchange, and all Securities listed at N Y. Stock Exchange. J. L. Robertson, BOMB AMD STO CK B R O K E R , Dealer in Investment Securities, No. 7 NASSAU STREET, (Continental National Bank Building,) J_____________ N e w Y o r k ._______________ _ Rolston & Bass, NO. 20 BROAD STREET, NEW YORK. STO CK S, BON DS, A N D M IS C E L L A N E O U S S E C U R I T I E S Correspondence solicited. Quotations cheerfully furnished, W m . H . R o lsto n , W. A l e x . B a s s , Jr. Member N. Y. Stock Exch’ge.______________________ Howard Lapsley 6c C o., BANKERS AND BROKERS, 74 B R O A D W A Y and 9 N E W S T R E E T , Fow York. THE CHRONICLE, iy [V ol. XLIY, IBank*, ÿ a n k trs atixl brokers (ùnt of gjtem Viovk. M EW ENGLAND. B A N K S. GEO. STUBGES. Pres’t. F. W . G o o k in , Asst. Cash. North-Western Nat’l Bank, CH ICAG O , ILLIN O IS. C a p it a l, $ 2 0 0 ,0 0 0 . S u r p lu s , $ 5 0 ,0 0 0 . This Bank holds in addition $1,000,000 U. 8 .4 per •ent Bonds at par, pledged by Its • t^ fk old er« for the protection o f Its customers. Said bonds are pledged as above. Instead o f being held by the Ban k m a part o f its legal surplus, to avoid what we think unjust and excessive local taxation. 0HXKMAN 8.JKWETT, Pres. J081 AH JEWETT,Y.PreS. W il l ia m C. Co r n w e l l , Cashier. Bank o f Buffalo, C A P IT A L , - - - - - - BUFFALO, N. Y . $ 3 0 0 ,0 0 0 This bank has superior facilities for making collec tions on all accessible points in the United States, Canada and Europe. Liberal terms extended to ac counts o f bankers and merchants. Co r r e sp o n d e n t s .—New York, National Shoe a Leather Bank; Union Bank o f London. J. 8. ALEXANDER, Pres. A. A . A l e x a n d e r , Cash’r. Texas National Bank, PEN I» S Y L V A M A . Swan & Barrett, E. W . Clark & Co., BANKERS AND N o . 3 5 S o o th T h ir d S t., P h ila d e lp h ia . 1 8 6 M id d le S treet, P O R T L A N D , M A IN E . Dealers in Government, State, Connty, City and Rail road Bonds, Bank Stocks, &c. Desirable Investment Securities constantly on hand N. W . Harris & Co., W. T. B l a c k w e l l , Pres’t. P. A . W il e y , Cashier. The Bank o f Durham, Wilson, Colston & Co., W ESTERN. Chas. H . Potter & Co., INVESTMENT BANKERS, C L E V E L A N D , O H I O . SPECIALTIES: TOW N, COUNTY AND CITY BONDS, LA K E SUPERIOR IRON MINING STOCK8, AND STREET RAILR O A D SECURITIES P. F. Keleher & C o., 805 OLIVE STREET, ST. LOUIS, D e a le rs In W e s t e r n S ec u rities. FIRST-CLASS FACILITIES. Hew York Correspondents.—The National Park Bank and Seventh Ward National Bank. SO U TH E R N . H. GARDES, President. E .P . H il l , R .A . G ir a u d , Vioe-Pres’t. Cashier. ATLANTA. Commercial National Bank, Humphreys Castleman, HOUSTON, T E X A S . Collections receive our special attention and are promptly remitted for. J. G. Fletcher, J STATE BANK, 1C. T. Walker, President. ( Incorporated 1875. ) Cashier. German National Bank, L IT T L E R O C K , AR K AN SA S. C a p ita l ( P a id in ) - - - - - $ 2 0 0 ,0 0 0 Prom pt attention given to all business in our line. N. Y . Co r r e sp o n d e n t s .—Importers’ & Traders’ National Bank and National Bank o f the Republic. el k . BURRUSS, Pres’t. A . K. WALKER, Cashier. First National Bank, W I L M I N G T O N , N . C. Collections made on all parts o f the United States. BROKER AND DE A LER IN A L L KINDS OF SECURITIES. Bonds and Stocks bonght or sold on oommlsslon Georgia and Alabama Securities specially dealt in. Correspondents: Tobey S Kirk and A . Dutenhofer, t, New York. , _ R eferences : Atlanta National Bank, Atlanta, Ga., and Fourth National Bank, New York. THOM AS BR AN C H BANKERS AND COMMISSION & . CO., MERCHANTS, R IC H M O N D , V IR G IN IA . Circulars and information on funding the debts o f Virginia and North Carolina free o f cost; one-eighth per cent charged fo r funding. Southern Railroad and State and City Bonds bought and sold. C. W . Branch & C o., BANKERS AND BROKERS, MERCHANTS* NATIONAL BANK, R IC H M O N D , V IR G IN IA . St a t e bank B u il d in g , R I C H M O N D , VA. Collections made on all Southern points on best term s: prompt returns. ’ v JOHN P. BRANCH, President. J o h n F. G l e n n , Cash. F r e d . R. Scott , Vice-Pres’t Private wires connecting with Washington, Balti more, Philadelphia and New York. ___ New York correspondents, Prlnoe & W hitely. M EW ENGLAND. PEMMSYEVAMIA. Brewster, Cobb & Estabrook, Rea Bros. & C o., bankers, No. 55 C O N G R E SS STREET, inüM-RKRH OF TH E NEW Y O R K AND BOSTON STOCK EXCHANGES. ALSO, D e a le rs In M u n ic ip a l, S ta te , R a ilr o a d a n d U n ite d S tates B o n d s . J o s h u a w il b o u r , Ch a r l e s H. Sh e l d o n , J h B e n j a m in A . J a c k s o n , W il l ia m B en n ey , J r . W ilbour, Jackson & C o., BANKERS AND BROKERS, NO. 5 2 W EYBOSSET STREET, P R O V ID E N C E , R . I . Dealers In Commercial Paper, Government and other first-class Bonds and Securities and Foreign Private’Telegraph W ire to New York and Boston. Joseph G. Martin, STOCK B R O K R , AND D E A LER IN INVESTMENT SECURITIES N o . 1 0 S tate S tr e e t, B o s t o n . BAN KERS AND BROKERS, AND DEALERS IN FOREIGN EXCHANGE, BO STO N. BANKERS AND BROKERS, (Members o f Baltimore Stock Exchange), B A L T IM O R E . (INVESTMENT and SOUTHERN SECURITIES a specialty.) Correspondence solicited and Information furnisbed. N. Y . Correspondents—McKim Brothers & Co. Robert Garrett & Sons, BANKERS, ESTABLISHED 1871. Defaulted Bonds o f Missouri, Kansas and Illinois a specialty. Good Investment Securities, paying from four to eight per cent, fo r sale. N . C ., B A L T IM O R E . D fl M n 0 ° f Counties, Cities, Ac., o f high grt»Je a o U l v U o specialty. S e n d t o r D e s c r i p t i v e L i s t s . Pay Special Attention to Collections. DURHAM , Railroad, Municipal and other desirable invest ment Securities lo r sale. Transact a general banking business. Allow inter est on deposits. Members o f the Philadelphia and New York Stock Exchanges, and connected by private wire with New York. C H IC A G O an d B O STO N . BAN A N T O N IO , T E X A S . COLLECTIONS AND INVESTMENTS MADE. Correspondence invited. BANKERS AND BROKERS, BROKERS, 425 W o o d Street, Pittsburg, P a. MEMBERS New York and Philadelphia Stock Exchanges. Pittsburg Petroleum, Stock and Metal E xchange. Private wires to New York, Boston, Philadelphia, Baltimore and Washington. Narr & Gerlach, B A N K E R S AN D B R O K E R S , No. 437 CHESTNUT STREET, P H IL A D E L P H IA . Members o f the Philadelphia and New York Stock Exchanges. Cable Transfers, Bills o f Exchange and Letters o f Credit. „ P .I T T S B U B G , PA. N o. 7 SOUTH STREET, B A L T IM O R E , TRANSACT A GEN ERAL DOMESTIC FOREIGN BANKING BUSINESS. AND W m . Fisher & Sons, BANKERS , A n d D e a le rs in G o v e r n m e n ts , Stocks a n d I n v e s tm e n t S ec u rities, Opposite Second St ., 3 2 SOUTH STREET, B A L T I M O R E , H D ,, Have W estern Union wires in their offices, by means o f which immediate com m unication can be had with all com m ercial points in the country. Es pecial attention given to purohase and sale o f Vir ginia Consols, Ten-forties, Deferred and all issues o f the State, and to all classes o f Southern State, City and Railway Securities. Correspondence so licited. ffitm ucial ©tfrojratxijes. F ID E L IT Y & C A SU A LTY CO. Nos. 214 & 216 B R O A D W A Y , N EW YORK. Cash Capital, $250,000, invested in U. S. G ov’t Bonds. $200,000 deposited with the N. Y. Ins. Dep’t, for the protection o f Policy-holders. Assets, January 1st, 18b?, $578,105. Officials o f Banks, Railroads and Express Compa nies, Managers,Secretaries,and Clerks o f Pnblio Com panies, Institutions and Commercial firms, can obtain BONDS O F S U R E T Y S H IP from this Company at moderate charges. The bonds o f this Company are accepted by tba courts o f the various States CASU ALTY D E P A R T M E N T . Policies issued against accidents causing death or totally disabling injuries. Full Information as to details, rates, Ac., can bo obtained at head offioe, or o f Company’s Agents. W v . M. R ic h a r d s , Prest. J ohn m . Cr a n k , See’y. R o b ’ t J. HiLLAS, A s s t Secretary. DIRECTORS : G. G. Williams, David Dows, W . G. Low, J.S.T. Stranahan, A . S. Barnes, Charles Dennis, A. B. Hull, H . A . Hurlbut, A lex. Mitchell, J. L. Riker, _ J. D. Vermllye, 8. B^Chittenden, _ W m . M. Richards, Geo. S. Coe. Bonds of Suretyship. NO OTHER BUSINESS. The Guarantee Co. OF NORTH AMERICA. Cash Capital........................................................ ^SK’noo Assets and Resources .. . ................ ................ Deposit with Insuranoe D epartm ent............. 240,000 President: V ice-President: Bus at.u t . t . g a l t , H on . j a s . f k b b u b . Managing D irector: E d w a r d R a w l in g s . N EW YO RK OFFICE: NO. I l l BROADW AY. D. J . TOMPKINS, Secretary. N e w Y o r k d ir e c t o r s —Joseph W . Drexel, A . L. Hopkins, H . V ictor N ew oom o.John Paton, Daniel Torrance, Edw. F. W inslow, Erastus Wiman, F. r , Oicott and J. E. Pulsford. B liss, F a b y a n & Co,> New York, Boston, Philadelphia, ESTABLISHED 1871. BELLING AGENTS FOR L EAD IN G BRANDS Whitney & Stephenson. B R O W N A B L E A C H E D S H IR T IN G S A N D S H E E T IN G S , BAN KERS AND BROKERS, N o. 57 F O U R T H AVENUE. Oldest Pittsburg members N. Y . Stock Exchange. PRINTS, DENIMS, TICKS, DUCKS, M . T o w e ls ,Q u i l t » ,W h i t e G o o d s A H o sie r y DriUs, Sheeting$, Ac, fo r Export Trade. NIC THE CHRONICLE. 5, 1887. j Febru ary special Imrsstmjettts. Jtyecial linrjejstmnits. Geo. H. Prentiss & C o., N O . 4 9 W A L L S T ., N S W YORK, Kanawha S Ohio Railroad First 6s. c Kanawha & Ohio ferred Stocks. GAS STOCKS Via fitter, at 98)4 and interest, Ithe' small amount remaining unsold o f the Continental Construction Stock. Pensacola S Atlantic Railroad Stock. c GAS T O B E Y SECURITIES, Street Railroad Stocks and Bonds NEW AND ATJ, KINDS OW BROOKLYN SEC U R ITIES DEALT K I R K , STREET, YORK. Specialists in R ailroad Bonds. 18 W ALL ” 2 3 4 L a S alle S t., C h ic a g o , 111., SCUDDER, Jr., Proprietor,) ANSWERS INQUIRIES CONCERNING American Stocks and Securities Large Library o f Railroad Documents. Competent Experts. C on a dentia R eports, Moderate C harges First Mortgage 6 Per Cent Gold Bonds (9 1 2 ,0 0 0 P E R M IL E ), STREET, NEW YORK. CORRESPONDENCE INVITED. Th Investors’ Agency, Simons & Chew, STOCK B R O K E R S , 2 E xch an ge C ou rt As 3 2 B r o a d w a y , N. Y . Stocks, Bonds and United States Governm ett Securities Bought and Sold on Commission. j a s . D. S im on s , B e v e r l y Ch e w . Member N. Ÿ. Stock Exchange. Member N. Ÿ . Produce Exchange. Cahoone & Wescott, 1 8 W a l l S treet, N e w Y o r k , Execute Orders In all Securities Listed on NEW YO R K STOCK EXCHANGE. Special Attention given to JACKSONVILLE TAMPA & KEY WEST Government & other Investment Bondi Correspondence Solicited RAILWAY COMPANY. Issue limited to $1,550,000. Principal due 1014. Interest payable in New York January and July. Completed Feb. 22, 1886. Standard gauge. Steel rails. First-class equipment. This road forms a part o f the through line from New York to Tampa, Florida, over which the Cuban mail Is now carried. W e recommend these bonds as secured by a large and rapidly Increasing through and local business. Price, par and accrued interest. Pamphlets and copies o f mortgage furnished- A. L A N C A S T E R Ac CO* 1 0 W a l l Street. C olum bus H o ck in g V a lle y & T o le d o . T o le d o ds O hio C e n t r a l.! K a n a w h a & O h io. ‘< 3 8 E ast T enn essee V a . *fc G e o r g ia .] A m erica n S p e a k in g T eleph one.! S ou th ern T elegrap h .] B ought and Sold by J. S. Stanton, [16 a n d 18 B R O A D STREET, Trust Co.’s Stocks. A L L OF TH B Mew Y o rk AND B rook lyn Companies’ BOUGHT AND SOLD BY! W M . C. NOYES, 96 B roadw ay. See my quotations o f Trust and Telegraph Stocks la Daily Indicator and Saturday’s Evening Pott. Investment Securities BOUGHT AND SOLD. W ANTED: Toledo Ann Arbor A North Michigan lets. Southern Central lsts. Middletown Union vllle A W ater Gap 6s. Indianapolis A Vincennes lsts and 2ds. Scioto valey Ronds, all issues. A L B E R T E . H A C H F IE L D , N o . fiifl P in e Street. Walsh & Floyd, S T O C K B R O K E R S , No. 28 BROAD STREET, NEW YORK. Jam es w . W a l sh , J r ., n io o ll f l o y t , J r - Member N. V. Stock Exeh&nge. OF THE Issued at $15,000 per mile upon 218 miles o f com pleted road, northwest from Minneapolis; well lo cated, well built and well managed. This is a choice investment at present price. Bonds will soon be listed. Circulars and full particulars furnished. Buttrick & Elliman, SIB GAS QUOTATIONS IN THIS P A PE R . It. • J O H N H . D A V I S & C O ., IN . ÖKO. H. PRSNTI88. W . D. PRENTISS. W .W . WALSE. Member N.Y.Stock E ich . L. F. Ol n e y J id I . L. A 4 AND 6 B R O A D First Mortgage Five Per Cent Fifty Tear Bonds MINNEAPOLIS & PACIFIC R’Y CO. BOUGHT AND SOLD B Y AND Investment Bonds. Common & Pre AN D •08 n O N T A O C B S T ., B R O O K L Y N . T %ntzxzst, fHuiclcuxIs, S et* O F F IC E OF P C L L M A N ’ S P ALA C E CAR COMPANY, Ch ica go , Jan. 19,1887. Noti e is hereby given that the 15 year 8 per cent Debenture Bonds, 8u Series, o f this Company, issued Feb. 13, ¡872, and maturing Feb. 15,1887, o f which there is outstanding $445,000, will be paid with inter est to date o f payment on and after this date on presentation at the office o f the t armors’ Loan A Trust Company, No. 20 William Street, New York. Interest on said bonds will cease Feb. 15,1887. GEO. M. PULLMAN, _______________________________________ President. /C O L O R A D O CENTRAL C O N S O L I- D ATED MINING CO. T H E REG U LA R DIVIDEND No. 14 OF FIVE Cents per Sin re ($13,750», has been declared to the Stockholders o f this Company, payable on Feb. 10th, at the Farmers' Loan A Trust Co. Transfer books close on Jan. 8ist, reopening Feb. 11th. Ne w Yo k k , Jan. 13th, 1887. R. V. MAR.TINSEN, Treasurer. LAKE M UORE & M IC H IG A N SOUTHERN R A IL W A Y CO., T r e a s u r e r ’ s O ffice , ) Gr a n d c e n t r a l d e p o t . > N e w Y o r k , Dec. 30, 1880. ) TH E BOARD OF DIRECTORS o f this company have this day declared a dividend o f TWO Per Cent npon its capital stock, payable at this office on Tues day, the FIFTEEN TH DA Y OF FE BR U AR Y next. The transfer books will be closed at 3 o’clock P. M. on Saturday, the 13th day o f January next, and will be reopened on the morning o f Friday, the 18th day o f February next. E. D. WORCESTER, Treasurer. 10 W a ll Street, Mew Y o rk . The Philadelphia Wilmington & Bal timore R.R. Go., T r e a s u r e r ’ s Off ic e , l 233 South Fourth Street, Philadelphia, f NOTICE TO HOLDERS OF BONDS DUB A P R IL FIRST, 1867. Holders o f the Bonds o f this Company, amounting to $1,000,000, maturing April 1st, 1887, are offered the privilege, from February 1st, 1887, to March 1st, 1887, o f depositing them with the Treasurer, or with Kidder, Peabody & Co., Transfer Agents o f the Company, in the city o f Boston, accompanied with power o f attorney fo r transfer, to be exohanged at maturity fo r the registered bonds o f this Company, issued in sums o f $1,000, bearing date April 1st. 1887, due April 1st, 1917, with interest at the rate or four (4) per cent per annum, payable semi-annually at the office o f registry, and all bonds due April 1st, 1887, not so exchanged will be puid at maturity. ROBERT CRAVEN, Treasurer. February 1st, 1887.____________________________ ~ ; O F F I C E S O F P H I L A D E L P H I A C O ., V/ SUPPLIERS OF N A T U R A L GAS, 933 and 935 Penn Avenue, PITTSBURGH, PA ., Jan. 29,1887, STATEM ENT OF TH E P H IL A D E L P H IA CO-i Earnings and Expenses fo r the Three Months Ending December 31, 1886. Gross E arnings...................... $416,187 46 Less Operating Expenses.. 82,988 82 --------------- --------------- M IC H IG A N C E N T R A L R A I L ROAD COMPANY, T r e a s u r e r ’ s Offic e , ) G r a n d Ce n t r a l D e po t , > Ne w Y o r k , Dec. 30,1886. ) TH E BOARD OF DIRECTORS o f this company hare this day declared a dividend o f TW O per cent upon its capita) stock, payable on TU ESDAY, the 15th day o f February next at this office. The transfer books will be closed at 3 P. M . on Saturday, the 15th January, and will be reooened on the morning o f Friday, the 18th day o f February next H ENRY P R A T T , Treasurer. HPH E C AN A D A SOUTHERN R A IL W A Y CO. A T r e a s u r e r ’ s Office , ) G r a n d Ce n t r a l d e po t , > N e w Y o r k , Dec. 30,1886. J TH E B OARD OF DIRECTORS o f this company have this day declared a dividend o f ONE AND ON E-QU ARTER Per Cent, upon its capital stock, payable on TU BSD A Y, the fifteenth day o f February next, at this office. The transfer books will be closed at 3 P. M. on Saturday, tbe 15tn January, and will be reopened on the morning o f Friday, the 18th nay o f February next. HENRY P R A T T , A cting Treasurer p H lC A G O A ALTON R A IL R O A D COMPANY, Ch ic a g o , I I I ., Feb. 2, 1887. NOTICE. A quarterly dividend o f TW O DOLLARS per share has this day been declared on the PREFERRED AND COMMON STOCK o f this company, payable on the FIRST D A Y OF MARCH NEXT, to stock holders o f record at the close o f business hours on the TW ELFTH INSTANT. The dividend on shares registered in New York will be paid at tbe office o f tbe Company’s Agents, Messrs. JOHN PATON & CO., No. 52 William St., New York, and on shares registered in Chicago at the office o f the Treasurer ox the company. C. H. FOSTER, Treasurer. 211,258 81 Surplus........... ............................................ $121,942 88 JOHN CALDW ELL, Treasurer. H ir a m d e w in g . Cl a r k D e w in g . F. t . B ontecou , (Member o f N. V. Stock Bxch.) H. Dewing & Son, B A N K E R S AND B R O K E R S , N o . 18 W a l l Street, N e w Y o r k . Stocks and Bonds Bought and Sold on CommissionParticular attention given to Information regard ing Investment securities. Iowa Loan A Trust Co. 6 per cent Debentures bought and sold.___________________________________ H. L. Grant, nPH E A T H E A 883,198 64 Less Interest and Taxes........ 42,816 66 Less Dividends Paid (1 per cent per m onth)................... 168,439 15 N o. 145 B R O A D W A Y , NEW YORK. CITY RAILROAD STOCKS & BONDS BOUGHT AND SOLD. See Quotations o f City Railroads in this paper. R. T . Wilson & Co., BANKERS AND COMMISSION MERCHANTS, 2 E x c h a n g e C o u r t, N e w Y o r k . E. S. B a i l e y , 5 ig P I N E S T R E E T . DEALINGS IN I N S U R A N C E A STOCKS S P E C IA L T Y . Cash paid at once for the abore securities j or they will he sold on oommlsslon at seller’s option. Ruction jfcaljes. STOCKS and BONDS A t Auction. Che Undersigned hold R E GU LAR AUCTION SALES, o f all classes of STOCKS AND BONDS, WEDNESDAYS a.ND S ATU R D A YS.! ADRIAN H . M U LLE R & SON, NO. 12 PINE STREET, NEW YORK. (EQUITABLE BUILDING.) _ ▼ i THE CHRONICLE. i f inacciai. fftnancial. Choice Investments. 10 E q u it a b l e [V ol. XLIY. M ilw a a k r c and St. P au l C on v ertib le G old 7m, 1 9 0 2 . C h ir a c < n nd S o u th w e s t (G u a r . I t b c k I gla n d ) ► 1 s t 7 m, 1 S 9 9 . K anonn C itv 8 t . .Ton. and C onnell Hindu Chi. B u r. and Quincy) 1st 7st, 1 9 0 7 . C levelan d ColiimbUM C in c in n a ti] and lud p lg. ]g t 7s, 1 8 9 9 . S t. I.oimh V a n d a lia and T e rr e H a u te (G u ar.) 2 d 7s. 1 8 9 8 . D e t r o it M on roe an d T o le d o (G u a r. L a k e b o re ) 1st 7s, 1 9 0 6 . C olum bus an d T o le d o 1st 7s, 190.1. C olum bus and T o le d o ‘I d 7s, 1 9 0 0 . O h io and W e st V irg in ia 1st 7s, 1 9 1 0 . C h ica g o an d E astern I llin o is 1st 6s, 1 9 0 7 . C h ica g o and A lton 1st 7s, 1 8 9 3 . S t. L o u is J a c k s o n v ille and C h icag o (Chic. & A lton ) 1st 7s, 1 8 9 4 . L o u is v ille N ew A lb a n y nnd C h icago, Chi. an d Ind p ls. 1)1 v., 1 si G old 6s, 1 9 1 1 . M o b ile and O h io 1st G old 6s, 1 9 4 7 . T e r r e H a u te and In d ia n a p o lis 1st 7s, 1 8 9 3 . T e r r e H aute and In d ia n a p o lis Cons. G old 3 s, 1 9 4 3 . D n yton and M ich igan (G u ar. Cin. H a m . & D ayt.) C ons. 3s, 1 9 1 1 . DESCRIPTIVE CIRCU LAR ON APPLICATION. CHAS. T . B u il d in g , ) B oston , January 26,1887.) THE CHEYENNE & NORTHERN RAILWAY COMPANY OFFERS FOR SALE VOTED IN A ID OF ITS RAILROAD, D ated J a n u a ry 1st, 1 8 8 7 , Holders o f the FIRST MORTGAGE BONDS who wish to secure their rights under the mortgage are requested to deposit their bonds with the Centra1 Trust Company, o f New York, on or before the 21st day o f February next, in accordance with the pro* visions o f the bondholders' agreement dated Jan 18, 1887. REDEEMABLE A T A N T TIME NOT LESS THAN FIFTEEN, NOR MORE T H A N T H IR T Y , YEARS FROM D A TE OF BONDS. Only bondholders so depositing are entitled to participate In any o f the benefits resalting from the action o f the com m ittee. Interest payable December 80th o f each year at the office o f the Unii n Trust Co. in New York. Sealed Proposals should be sent to GARDINER M. LANE, Assistant to President, Equitable Build ing, Boston, marked “ Proposals for Laramie County Bonds,” and will be received up to and including February 10th, 1887, on the evening o f which day they will be opened. An option will be given to the purchaser on $240,000 bonds, the balance o f the issue authorized, which will be ready for delivery, it is expected, some time during the comtng year. The company reserves the right to refuse any and all bids. A circular containing full information about these bonds will be furnished on application. The near approach o f the end o f the foreclosure proceedings necessitates prompt action upon the part o f bondholders. $160,000 Laram ie County 6 per Cent Bonds, Cheyenne & Northern Railway Co., By H ENRY MCFARLAND, Treasurer. W IN G , 1 8 W a ll St., N. Y . W ith A. M. KIDDER & CO., Bankers. Shenandoah Valley RR, THE PHILADELPHIA & READING RAILROAD CO. GEN ERAL OFFICE. 227 SOUTH FOURTH ST. Copies o f the agreement, or further information, may be had on application to the Central Trust Company, or to any member o f the committee. GEORGE C. WOOD, O f W ood, Huestis & Co., 81 Pine St., New York. CHARLES L. LAM BERTON, 16 Exchange Place, New York. JOSEPH LEE DOM, 907 Walnut St., Philadelphia. HORACE M. BARNS, Bristol,.Rhode Island, FRAN K C. HOLLINS, Of Frank C. Hollins & Co., 11 W all St., New York, W IL L IA M A . READ, O f Vermilye & Co., 16 & 18 Nassau St., New York, Committee o f First Mortgage Bondholders. P h i l a d e l p h i a , Jan. 27,1887. TO TH E HOLDERS OF SECURITIES IN TH E P H ILA D E L P H IA & READING RAILR O A D C 0 .; On the 1st day o f March next the time expires within which the various recurities can be deposited under the plan o f reorganization, and in case enough A M E R I C AN B A N K N O T E C O ., 78 have not been deposited then to warrant the trustees f t to 88 T r in it y P l a c e , N ew Y o r k , Jan. 29, n deciding to reorganize without foreclosure, the 1887.—At the annual election o f this company, held i n the 20th inst., the following gentlemen were plan provides that foreclosure and sale will be had elected Trustees fo r the ensuing year, viz.: only in the interest o f such as have deposited prior A . G. GOODALL, A. D. SHEPARD, P. C. LOl NSBURY, J. T. ROBERTSON, to that date. The Court has declared that no un" T O T A L I S S U E , $ 5 ,0 0 0 ,0 0 0 , W. M. SM1LL1E, G. H. STAYNER, necessary delays will be permitted, and unless re J. MACDONOUGH, T. H. PORTER, DUE 1936. organization be promptly effected it will feel at J. W . DREXEL, T. H. FREELAND, MERCANTILE TRULT CO., TRUSTEE. C. MEYER, J. S. STOUT, liberty to vacate the receivership. It is most im J. K. MYERS. This great bridge is now being built unde portant for all Interests that such a contingency A t a meeting o f the Board o f Trustees held this eonlract by the Union Bridge Co., o f New Yor) should be avoided. T herefore all persons who day the follow ing officers were elected : who have agreed to have it finished and one A. G. GOQDALL. President. fo r traffic Jan. 1.1888. v ' desire to participate in this plan for the reorganiza J. MACDONOUGH, 1 Tbe bridge will be used as a connecting lie tion o f the property should act promptly, make the A . D. SHEPARD, I Viceb y the P E N N S Y L V A N I A A N D E R I 1 W. M. SMILLIE, I Presidents. deposit and pay the assessments, where such are J. T. ROBERTSON,) Railroads on the West with the B O S T O N AN I required, within the time limited. T. H. FREELAND, Secretary and Treasurer. L O W E L L system and the N E W Y O U l THEO. H. FREELAND, Secretary. That the present plan, with or without foreclosure' A N D N E W E N G L A N D Railroad on th East. .. will succeed, is, in my opinion, beyond doubt, and For map?, pamphlets and information appl; the above notice is given that holders may clearly understand that deposits o f all olasses o f securities J ohn G. M oore . W . k . K itc h e n . G. B. Schley . be made prom there P . W . GALL AIÏD ET & CO., muston the part o f ptly,parties being a determina tion all in interest that no BANKERS AND BROKERS, delay will be permitted to interfere with a speedy W a ll St., Cor, B road w ay, 26 B R O A D S T R E E T , N E W Y O R K . reorganization, NEW YORK. B r a n ch O f f ic e s : A U S T IN C O R B IN , P r e s id e n t. 72 Wall St., N. Y. 114 So. Third St., Phil*. Connected with I. A . E v a n s & Co., Boston. e o r g a n iz a t io n of the Ph il a d e l CAM ERON COAL COMPANY, Corson & Ma c a r t n e y , Washington, D.C. p h ia & r e a d in g r a il r o a d com E. L. B r e w st e r & Co., Chicago. p a n y AND A F F IL IA T E D COMPANIES. 5 »a P I N E S T R E E T , H u b b a r d & F a r m e r , Hartford. Creditors and shareholders are requested to de Private W ire Connections. Ne w Y o r k , January 26 1887 posit General Mortgage Bonds with Messrs. Drexel Buy and sell Stocks, Bonds and Miscellaneous TH E STOCKHOLDERS OF TH E CAMERON & Co., and other securities with Messrs. Brown COAL COMPANY are hereby notified that ^ prop Brothers & Co., under the terms o f the agreement Securities on New York Exchanges; also Grain and erties o f the said Company have been conveyed o f March 22, 1886, as modified by the plan o f re Provisions on Chicago Board o f Trade, the organization o f December 14, 1r8 s, copies o f which be had upon Cameron Iron and Coal Co., can houses o f theapplication at the respective bank ing depositories, and at the Guaran free and clear o f debt o f every description all tee Trust and Safe Deposit Company. claims against the said CAMERON COAL COM General Mortgage bondholders on depositing PA N Y having been satisfied by cash payment, in their bonds will receive from Drexel & Co. en cluding the discharge o f the mortgage o f $500,000. graved certificates now negotiable at the Stock recorded Sestember 9, 1885. Exchange and the interest now due under the The stockholders o f the CAMERON COAL COM- plan. For all ether securities Temporary receipts will be issued by Brown Brothers & Co., exchangeable fo r engraved t ertiflcates (as soon as they can be COAL COMPANY at the FARM ERS’ LOAN AND prepared), to be made negotiable at the Stock E x TRUST COMPANY, New York, in the proportion change, entitling the holder to the new securit.es o f one share o f the stock o f the said CAMERON after reorganization. IRON AND COAL COMPANY (par $100) for each The cash subscription will be called fo r in instal Madison Square, N E W YORK, tw o shares o f the stock o f the said CAMERON ments o f twenty-five per cent each and thirty days’ The Largest, Best Appointed and Most Liberally COAL COMPANY (par $50) so surrendered. notice by advertisement will be given prior to each Managed H otel in the City, with the Most Central The stock o f the CAMERON IRON AND COAL call. COMPANY has been listed by the Board o f Gover Creditors and shareholders are given until March 1, and Delightful Location. HITCHCOCK, DARLING & CO. nors o f the New York Stock Exchange. 1887, to accept the provisions o f this plan. It is the purpose o f the management to develop In case a reorganisation without foreclosure can the resources o f the company to the fullest extent not he effected, then all parties who have failed to at the earliest practicable moment. The works o f deposit under the plan by March 1, 1887, will be ex the company will be put in perfect order as soon as cluded from all participation in the reorganisation the weather will permit aud furnaces and other by foreclosure, which {if there be sufficient deposits buildings erected, ample means being at the control to satisfy the Trustees), will thin be brought about o f the company for the full developm ent o f the en immediately, and fo r the benefit of those only who have Am STERDA U . terprise. deposited. JOHN B. GARRETT, are the officers and directors o f the Beautifully situated in the centre o f the city, dose CAMERON lR*>N AND C O* L COMPANY: Chairman Reconstruction Trustees, NICHOLAS C. MILLER. New York. President Deposits o f General Mortgage Bonds will be re to the Railway Station and the Exchange. Fird JAM ES H HEVER1N, Philadelphia, Vice-Presi ceived by DREXEL. MORGAN & CO., and all other dent. securities by BROWN BROTHERS & CO., New rate cooking. Excellent wines. Moderate prices. York. * ROBERT FULTON CUTTING, New York W . P. W ER K E R . Manager. SAMUEL KNOX. New York. W ILLIAM M. BUNN. Philadelphia. THOMAS R. ELCOCK, Philadelphia. CHARLES W . BROOKE, New York. JAM ES MOORE, New York. LUCIUS K. W1LMERD1NG, New York. A SP E C IA L T Y . GEORGE S MIDDLE BROOK, Tr< Treasurer. S P R IN G F IE L D , M ASS. WE OFFER FOR SALE F IR S T M O R T G A G E 6 P E R CENT G OLD BONDS Poughkeepsie Bridge C m pary Moore & Schley, R Hotels. Fifth A v e n u e HOTEL, Bible Hotel, Staten Island Securities Railroad Co. & Amusement Co. Stocks. G as. In su ra n ce, B a n k s, C ity R a ilr o a d s , dec. Send for list published Mondays. J . P . YV1NTR1NGUA U, 3 6 P in e S t. N. y . GEO. B . R IP L E Y , 66 B roadw ay, R o o m 8. Massasoit House, TH E BEST APPOINTED HOUSE IN WESTERN N EW ENGLAND. Convenient fo r the tourist or business man. New Union Depot. vi W . H . CHAPIN. HUNT’ S MERCHANTS’ MAGAZINE, Wctfetg gjkurÿpap*«, REPRESENTING THE IN D U STR IA L A N D COMMERCIAL INTERESTS OF THE UNITED STATES^ NO. 1,128. SATURDAY, FEBRUARY 5, 1887. YOL. 44 Week Ending Jan. 82*.. Week Ending Web. 29. C ° N T E N T 8 * TH E CHRONICLE. Clearing-House R etu rns........ 157 War Scare in Belgium ................. 165 Financial R eview o f January.. 169 The Financial S itu ation...........158 U. S. Treasury Statem ent....... 169 R elief fo r the Treasury and from Bank Note Contraction. 160 The Debt Statement for Janu ary. 1887...................... - .......... 169 The Fisheries Dispute With Great Britain............................. 161 Monetary and Commercial English N ews.......................... 170 Northern Paoitic’s Half-Yearly Commercial and Miscellaneous Incom e and Finances............162 N e w s ..........................- ........ . 171 Our Iron D evelopm ent............... 163 Cotton Consumption and Over land Movement to Feb. 1 ------ 166 The 3^Jx (Jyhrotxicle. jc is ’ ublished in p New York every Saturday morning. C o m m e r c ia l a n d F in a n c ia l C h r o n ic l e (Entered at the Post OHioe, New York, N. Y ., as seoond olass m ail matter. 1 Terms o f Subscription—Payable in Advance: For One Y ear (including postage).......................................... $10 20 For Six Months do ........................................... 6 10 European Subscription (including postage) ........... i £ Annual subscription in London (including p o s ta g e )......... * 2 7s, Six Mos. do do do — - - * 1 ? 8* These prices include the I n v e s t o r s ’ S u p p l e m e n t , issued once in tw o months, and furnished w ithout extra charge to subscribers o f the 1701,859,881 Per Cent. 1618,188,010 +13-5 1887. P ercen t■ « —6*4, $675,740,788 (1,977,344) (439,000) (22.141.000) (16.746.000) (2,034,250) ( - 2 8 ' (594,000 —261) (28.439.000) ( - 2 21 ) (84.640.000) (—802) (2.334,445' (410,600' (26,120,600(29,150.000) d o s to n .................. P rovidence.- . . ... Hartford................ New H aven........... Portland................ W orcester .......... Springfield............. L ow ell.................. 177,842,161 3,056,700 1,509.929 1,079,243 856,735 900,360 732,939 421.483 $77,048,736 4,204,300 1,377,010 1,040,104 741,141 772,700 605,541 500,006 + 1-0 -5 9 +0-7 + 8-8 -(-16*6 +16*5 -(■5*4 —15*8 Total N. England »87,209.550 »86,380,446 ~ Philadelphia......... Pittsburg............... Baltimore............. 153,366,212 9,060,344 12,275,265 »46,003,224 7,860,647 10,175,400 Total M iddle... ♦75,610,821 $64.420,271 $43,633,436 10,249,550 3,914,427 2,845,861 2,688,585' 2.942,740 1,989,114 1,014,684 4,511,864 2,804,724 2,065.901 2,769,460 (— 8*» $82,572,812 4,899,700 1,732,087 1,859,111 967,402 892,924 969,510 525,675 (+1I*8> (-37*7 y ,—25*9) —0-ST . +10*2*— 2* +8*2 + U *T +4*ft + 4*6 +12*3) . «93,919,221 +0 *¿ + 13 8 +85*6 + 20*6 «65,838,210 10,271,275 14,714.681 + 2 3 -0 . +26*ft -t 17'4 $90,824,075 +25*6» -» 5*6 $41,321,028 8,787,200 +17*3 - 0*8 8,944,070 + 97 2,595,210 1,279,999 +110 0 1,956,617 +50*4 4-11*7 1,762,55 655,484 -154*8 +69*7 2.658.88 1,826,426 +26*2 2.280.088 +30*0 1,955,097 -(-41*7 148,422,387 10,430,750 4,133,158 8.452,124 2,814,502 8,247,488 1,017,549 096,285 4,455,777 2,774,410 4,032,018 3,030,004 +9*R +22*4. $70,076,55 415*3 $89,718,430 ”+18*tt. $15,323,036 1,169,319 10,305,510 4,»20,905 6,059,715 2,508.857 1,165,580 $14,281,00 831,53' 8,297,857 4,555,832 4,266,248 1,681,490 1,522,439 +7*7 440*6 +24*2 +5*8 442*0 +19*2 -23*4 $10,563,129 1,506,034 11,683,355 4,781.477 6,095,849 2,561,010 1,091,590 +53*51, +17-&. +9*5+ 52* ft;. +39*7. ; +19*8i Total Southern. $41,352,022 $35,386,410 $45,783,959 San F rancisco.. . . $13,151,567 $10,870,880 $12,171,60S Chicago.............. Cincinnati............ Milwaukee........... Detroit................. tndlanapolts........ S u b scrip tio n s w ill be continued until definitely ordered stopped. The Cleveland............. publishers cannot be responsible fo r remittances unless m ade b y Draits Columbus.............. or Post Office M oney Orders. Peoria................... Offices in E n g la n d , The office o f the C o m m e r c ia l a n d F in a n c ia l C h r o n ic l e in London Om aha... ........ . is with Messrs. E d w a r d s & S m it h , 1 Drapers’ Gardens, E . C.. where sub Minneapolis.......... scriptions and advertisements will be taken at the regular rates, and Denver.................. single copies o f the paper supplied at Is. each. St. Paul ............. The office o f the C h r o n ic l e in Liverpool is a t5 Brown s Buildings, E x Total Western.. change. _ ) W I L L I A M « . D A N A & C o ., P u b l i s h e r s St Louis.............. WILLIAM B. DANA, f 7 9 & 81 W i l l i a m S tre e t, N E W Y O R K . St. J o s e p h ........ JOHN G. PLOYD. I --------.------------ B o ’ s o P o s t O f f ic e K - . x n958 . New Orleans........ L ouisville............. Kansas City.......... C L E A R IN G H O U S E R E T U R N S . M em phis............. Despite smaller speculative transactions on the Stock Ex Galveston............ change, the bank clearings atJNew York for the week ending January 29th exhibit an increase over the preceding week. To be sure, the gain is not heavy, reaching only $21,010,099, but any gain under the circumstances is gratifying, and would seem to denote that although the labor troubles cause some uneasiness, the business public have become so accustomed to these disturbances that their effect has been minimized. Out. side of New York there is a decline from January 22d more than sufficient to offset the excess at thi3 city, so that the net result in the whole country is a decline of $7,079,079. The comparison with the corresponding week of 1886 is a very favorable one. Of the thirty-two cities included in our statement only four (Providence,'Dowell, Milwaukee and Gal veston) record losses, while at many points the gains are very important, Indianapolis maintaining the lead with 110 per cent, followed by Omaha, 69-7 ; Peoria, 54*8 ; Cleveland, 50'4 . Memphis, 49'2 ; Kansas City, 42 ; St. Paul, 41’7 ; and St. Jo. seph, 40‘6 per cent. At New York there is an excess of 13 5 per cent over the figures for the week of 1886, notwithstanding the fact that there has been less activity in all branches of speculation. Operations in shares on the Stock Exchange have reached a market value of $103,854,000, against $134,276,000 last year. Pursuing our usual method of deducting two-and-a-half times these values from the New York dealings, leaves $442,249,881 this year, against $28?,493,910 in 188?, due to transactions in other departments of business, or an increase of 56’5 per cent. 1886. 1887 New Y ork .............. Hale» of— {Stocks.. ..eltaree.) (C o tto n ....balee.) (.Grain.. .bruitoli) (Petroleum..bblt.) "781,810,346 r $1,008,167,166 Total a l l ........... «1,001,088,08' $885,732,474 $332,417,383 ____ ___________ Outside New York $299,228,2061 $267,513,564________________________ +38* 2 1 +5*5. + 22 » . +106*1 +42*7 +88*2 +78*4 , +01*0 +14® . +39*05, +26-88 +3* ft- + 14- We have received our usual telegraph returns of exchange* for the five days, and give them below. Owing in part to a decline in speculation at New York the clearings for that cityexhibit a falling off from the previous period of nearly twentythree millions of dollars. This is partly offset by gains at all thf^ other cities, so that the decrease in the whole oountry reaches^ only $6,787,919. In comparison with last year there is a losa _ in the aggregate of 7-7 per cant, but outside of New York the. Pive Dave Ending Peb. 4. 1887. 1886. Per Cent. 5 D've End’s Jan. 28». 1887. P ercen t Philadelphia........ Baltimore............. Chicago.................. St. L ouis................ New Orleans........ $568,441,508 (1,505,526) 66,525.201 50,660,654 13,804,538 43,508.000 13,747,980 9,304,950 $053.035,279 —13*0 (2,503,170) (—39*9) 74,074,241 —10*2 48,659,735 +4-1 9,568,404 +44*3 +1*2 43,000,000 +7*4 12,800,305 8,295,019 +12*2 $591,230,609 (1,712.089) 63,334,698 45,439,316 9,877,178 36,756,000 13,048,442 8,056,828 +11* (+a*o> —O'®. + 18+ lft\ +o* +97 + 9*1 T o t a l....« ........ Balance, Country* $765,002,921 72.140,150 $850,038,933 57,767,810 —9*9 +24*9 $767,738,071 77.182,916 +10+28* 4 -7*7 Total all......... . $838,133,071 $907,80*,703 +6*1 Outside New Vnrh $266.691.563 *954,171.514 ! Estimated on the basis o f the last weekly returns $844,920,990 $253.090.381 +11* ft +12- Salee o f Stock (the.) 156 ps THE CHKONIDLE. TH ti F IN A N C IA L S ITU AT IO N . Money has remained without any very material change this week. As represented by bankers’ balances at the Stocx Exchange, call loans have ranged between 5 and per rant, averaging 4 per cent, with renewals at 4£ per cent. A feature of the market has been a good demand at 4£ |>er cent for loans at ninety days to four months on firstclass collateral and at 5 per cent for less desirable security* Another peculiarity is that commercial paper rules high» consider ing the state of call loans, the supply being abun dant and the demand, though good, not at all urgent. Endorsed bills receivable are quoted at 5 percent, commis* *ion house names having four months to run 5 to 6 per rant, and single names of four to six months 5£ to 7 $>er cent. IV o l. X L 1 V. promptly, the market ior commercial bills would resume a more normal condition. There must be some accumu lation of these drafts resulting from shipments now with held, and a ^reaction is therefore possible. Bat at ths moment it is difficult to form an opinion as to the duration of these^ labor troubles. They have extended to the freight handlers of the Trunk lines this week, which makes the situation of course more trying to merchants in general; yet the wider the derangement the more emphatic will be the collapse when it comes. The attempt to create an excitement in the Chamber of Commerce on Thursday over these labor troubles was happily checked by a reference of the resolution offered to the Executive Committee where the matter had better quietly sleep. The animus of the movement is seen in the During nearly every day this week the cable has remark of a Mr. Seymour, who said that “ the fault Reported unsettled and lower markets in London and “ originated with the coal companies in their efforts to .panicky declines at Paris and Berlin, while at the same “ raise the price of coal and next to reduce the pay of time the open market rate for money indicated an easier “ their handlers. So long as the coal companies or any feeling. In fact, on Thursday, notwithstanding these lt body of men have the right to combine and carry out disturbances and the rumors afloat, the Bank of Eagland “ any selfish object, so long have their workmen the right kmnimum rate of discount was reduced to 4 per cent from “ fo combine and resist the wrong.” A person who can per cent, at which it had stood since December 15, and make that statement before a body of intelligent mer the open market rate fell to 2| per cent, from 3 per cent, chants does not deserve much consideration, for he proves which was the ruling rate earlier in the week. A t Berlin that he is wholly indifferent to facts. In an article we the rate was 3 f per cent, and at Paris 2 f per cent. The gave last week on the coal trade, we showed that the ■explanation given by cable of the condition of the Con average price obtained for the W yoming coals in 1886 'tinental bourses was until Thursday afternoon that it was was only $2 95 per ton, the lowest average real' wholly due to war rumors ; but as money was not affected, ized f o r any year since 1879. If that covers a labor griev the conservative view taken was that these rumors were ance, or if an effort by the companies to do better than Hn incident of the elections in Germany, exaggerated that, is a “ fault ” j ustifying the stoppage of the commerce for speculative effect. Of course the apprehensions of this port, we esteem it a good thing to have some one ■expressed of heavy failures on the Continent, resulting handy like Mr. Seymour to teach the public this new code from the more or less rapid decline in all international of morals. It may be well enough to add that it is a noto stocks, which has of late been in progress, made the situation rious fact that the anthracite coal business had previous to more threatening. As to a war in Europe, the prevailing this strike secured less advantage from the improvement opinion in best informed circles still is, that though such a in business than any of the great industries of the land. kesult is of course possible, it is unlikely. There is a very A clever thing for the Chamber of Commerce committee strained condition, and Continental powers were never so to do might be to take the remark of this Mr. Seymour for Well prepared; but this general preparation exerts a a text and give him a few coal statistics to study over. Wholesome fear of a conflict. The fall in rentes at Paris Next time he had a charge to make against any body of Was according to report assisted by the prospect of the men he would then perhaps fire les3 at random. Let us issue of a new loan. London was of course unsettled by tay one single word more, and that is if merchants want the Continental bourses, though the London and Con to help fix these strikes upon us and turn them into a tinental markets all closed firmer yesterday. By special chronic disease, they had better encourage this one by «able to us we learn that of the gain this week by the interfering with its settlement. There never was a pro ®ank of England, which was reported at £599,000, there ceeding in all its parts less j ust. Wras received from abroad, principally from Egypt, The United States Treasury statements for the first of 46370,000, and from the interior of Great Britain the month are interesting as usual, but we think the one '46239,000, and exported to Australia £10,000. fact conspicuous above all other facts is that the question fOur foreign exchange market has very naturally been of what to do with our surplus revenues is more trouble this week, the posted rates for bankers’ sterling being some and pressing than ever. It is notorious that the last advanced on Monday to 4 85£ for long and 4 89 for short session of Congress was very lavish in its appropriations which rates were maintained without change to the close of money, and that as a result Government expenditures The reduction in the Bank of England minimum had no in the current fiscal year have been much greater than in »effect A s we write long sterling is relatively stronger the previous year. Thus for the seven months to the first -than short, mainly because of the extreme scarcity of com- of February the total disbursements are reported as over (mercial bills due in a great measure to the partial inter 16 millions in excess of those for the corresponding periodruption to exports caused by the strikes. Short sterling of the previous fiscal year, the figures standing respectively is however in fair request, but as yet remitters here have at $167,786,451 and $151,401,023. Yet in the face of been able to satisfy their demands without being under the this large increase in expenditures, we find a reduction in necessity of shipping gold. How long gold exports can the net debt of over 9£ million dollars ($9,515,657) for the "be avoided it is difficult now to say. It is probable, how- month of January, and of over 56£ million dollars ($56,667,"«ver, that unless there should be a decided change in the 573) for the seven months. Of course we need not look tone of foreign markets, and unless the labor troubles here far for an explanation. Government revenues, under the are ended, some gold will be sent forward next week. revival of trade, have greatly increased. Tiiis will appear Bankers seem to feel ccnndent that if the ocean transpoi- from the following statement, showing the Government Nation lines become, with their present facilities or through income for each month of the two years and also the ■a settlement of the strikes, able to ship goods more changes in the net debt of the country in the same month?« Changes in U. 3. Debt. 1886-7. July..--Aug....... S e p t ......... O c t ........... Nov........ Deo......... Jan......... 1885-6. $ Dec. 9,049,104 Dec. 8,662,790 Dec. 1,910,699 Dec. 2,879,052 Dec. 10,627,013 Dec. 12,757,965 Dec.13,201,619 Dec.13,276,774 Dec. 8,005,249 Inc. 4,887,198 Dec. 9,358,202 Dec. 9,089,940 Dec. 9,515,687 Dec. 8,672,554 Qovernm’t Revenue. 1886-7. $ 29.637.000 32.195.000 31.687.000 30.965.000 27.576.000 28.623.000 28.396.000 1885-6. $ 26.767.000 28.065.000 29.971.000 30.833.000 25.381.000 25.758.000 24.788.000 Dec. 56,667,573 Dec.50,451,877 209,079,000 191,518,000 Here we see that the debt reduction of $56,667,573 for the seven months this year, compares with a similar reduction in the previous year of only $50,451,877, showing that notwithstanding the heavier expenditures the surplus this year was million dollars greater than in 1885-6. Looking at the figures of Government revenue, it will be seen that for the seven months it foots up 209 million dollars, against only 191-J- millions in 1885-6, being an increase of 17^- million dollars. There was a gain in every one of the seven months. It does not matter that the increase is not in the internal revenue receipts, but in customs and miscellaneous items. The important fact is> that the Treasury officers find their total revenue growing larger, and with it their surplus accumulations. In this connection we would refer our readers to an article in a subsequent column on a new proposal for relief of the Treasury. The plan referred to is not however intended as a substitute for tax reduction, but to make provision for its failure. The Delaware & Hudson has issued an even briefer preliminary statement of ita operations than usual, but on application we have obtained a few additional items, enabling us to present our usual comparisons. As in the case of the Delaware Lackawanna & Western, the unfa vorable condition of the anthracite coal trade during a good part of 1886, operated to reduce results, so the balance remaining for dividends is a trifle smaller even than in 1885, when it had been the smallest since 1879. The balance is $1,175,486, which is almost exactly five per cent on the $23,500,000 stock outstanding through the year, and this is the rate of dividends that the company is paying. The following contrasts the figures for 1886 with those for eight years preceding. 1878................ 1879................. 1880................. 1881................ 1883................ 1883................ 1884................ 1885................ 1886....-.......... Coal from own Mines. Trans ported for Others. Tons. Tears. Tons. 3,054,390 3,674,704 3,311,496 3,303,168 3,513,973 3,363,679 3,315,693 3,499,737 357,673 373,889 450,295 516.154 584,346 633,697 764,883 638,071 * Deficit, 159 THE CHRONICLE. »^February 5, 1887.] Interest, Surplus Net Gross Receipts. Expenses. E arn’gs. Rentals, far dec. Stock. $ 9,590,806 9,973,049 13,534,549 14,939,007 13,573,937 17,843,499 16,379,031 15,260,867 16,013,868 $ $ 6,416,690 3,174,176 2,517,016 7,455,033 7,913,507 4,611,042 9,481,729 5,447,278 10,422,334 5,151,603 12,456,174 5,386,325 11,549,871 4,829,150 10,724,907 4,535,960 11,422,854 4,591,012 $ 3,231,767 3,147,659 3,259,619 3,344,813 3,313,402 3,390,483 3,341,056 3,349,564 3,415,526 $ *57,591 -630,643 1,361,433 2,102,465 1,888,201 1,995,842 1,488,094 1,186,396 1,175,486 ' came. view. Here is a statement prepared with that object in Tears. 1879..................... 1880..................... 1881..................... 1882..................... 1883.................... 1884..................... 1885..................... 1886..................... $6,403,907 7,402,544 8,946,554 9,141,389 9,827,874 8,360,535 6,958,149 7,081,842 From Railroads. From Coal. •" Miscellaneous. „ $3,153,839 4,673,436 5,404,840 5,935,670 7,417,648 7,199,862 7,455,450 8,239,747 $415,303 448,569 577,613 496,868 596,982 818,634 847,368 693,277 $9,972,049 12,524,549 14,929,007 15,573,927 17,842,499 16,379,021 15,260,867 16,013,866 This shows that after the heavy falling off in the coal receipts in 1885, the recovery in 1886 was comparatively slight. On the other hand, the receipts from the opera tion of the railroads increased in the sum of $784,297, and are decidedly the largest ever made, the total now standing at $8,239,747, against only $3,152,839 in 1879. One result of the larger rail earnings, is that the company is able to make a much better showing on the operations of the leased roads— Albany & Susquehanna, Rensselaer & Saratoga and the New Y ork & Canada. After paying all charges and expenses, these netted the Delaware & Hudson a loss of $313,330 in 1885; in 1886 the loss was only $21,695. The following compares this item for a series of years past. The results are all comprised in the totals in the first table above, but it is interesting to see how those totals were affected by the obligations on account of the leased roads. NET RESULT ON LEASED ROADS. 1879. Loss. 816,000 1880. 1881. 1882. 1883. 1884. 1885. 1886. Loss. 14,642 Profit. 26,162 Profit. 8,465 Profit. 1,905 Loss. 174,489 Loss. 313,330 Loss. 21,695 The tendency of the stock market this week has been downward, the controlling features having been the war rumors from Europe, the uncertainty about the InterState commerce bill, and the unsettled condition of trans portation movements occasioned by the strikes. Whether or not war is to ensue in Europe it is certain that there has been heavy selling of American securities on European account, and that this has caused a sharp decline in our stock market, the fall being heaviest in those securities presumably held most largely abroad. A s for the strikes, it is evident that the coal com panies are becoming masters of the situation in their particular difficulty, while as for the freight handlers’ strike a similar result is to be anticipated. These difficulties therefore have had a less adverse effect on the market than might have been expected. The InterState Commerce bill is a much more important influence in its bearing upon the present and future of prices, and until either the President vetoes the measure (which had not happened up to the close of business yesterday) or the true meaning of its various provisions is more clearly de termined, we may expect operators and the public to show much hesitancy in undertaking dealings on the Stock Ex change. One thing, however, this week’s events have de termined, and that is, that there is a very strong under tone to the market, for as compared with the enormous sales on foreign account the fall in prices here has been slight. One or two stocks like New Y ork & New England and Consolidated Gas have followed an independent course, and are higher than a week ago. The following statement, made up from returns c o l lected by us, shows the week’s receipts and shipments of gold and currency by the New York banks. Though the net result is thus not materially different from that for 1885, there are one or two features of the 1886 operations that are quite encouraging. In the first place, note that the total coal tonnage was larger than in the year preceding and larger also than in any previous year. It is true that as compared with 1885 there is some falling off in the tonnage transported for others, but this was more than made good by an increased tonnage produced at the company’s own mines. Then it will also he noted that the gross receipts for 1886 were three Shipped by Received by Week ending February 4,1887. quarters of a million better than in 1885. In view of N. T . Banks. y. T. Banks. the conditions affecting the coal trade during the year, it $391,000 11,720,000 is particularly desirable this time to separate these gross G o ld ....* ............................................... $391,000 $1,726,000 receipts so as to show each of the sources whence they 1 T otal gold and letral tenders....... Total. Net Interior Movement. Gain.. $1,335,000 Gain..$l,835,000 160 THE CHRONICLE. The above shows the actual changes in the bank hold* ings of gold and currency caused by this movement to and from the interior. In addition to that movement the banks have gained $1,000,000 through the operations of the Sab*Treasury. Adding this item to the above, we have the following, which should indicate the total gain to the New York Clearing House banks o f gold and currency for the week covered by the bank statement to be issued to-day. It is always to be remembered, however, that the bank statement is a statement of averages for the week, whereas the figures below should reflect the actual change in the condition of the banks as between Friday of last week and Friday of this week. [V ol. XLIV, small banks throughout the country districts where they are needed, and also putting a check if not a stop to bank note contraction. It is well known that the note contrac tion now in progress arises out of the fact than as the 3 per cent bonds are called in, banks with small capital do not find the business profitable enough to make it ad visable to replace them by the purchase of the 4s or 4£a on account of the high premium at which they rule. It certainly appears just that the distinction as to the tax on circulation which the Comptroller proposed should be made; for to the amount, in which the law requires the banks to hold these bonds as a preliminary to organization, the Government imposes a burden which with great pro priety could be in this manner lifted, and more especially Week ending February 4,1887, Into Banke. Out o f Bank*. Net Change in Bank Holding*. since in doing it the continuance of small banks and their Of Banka’ Interior Movement, aa above 11,726.000 •391,000 Gain. .$1,335,000 circulation (a very desirable end) would be effected. 7,100,000 6,100,000 Gain.. 1,000,000 course there would be one difficulty in the working of the Total KO^d and legal ten d ers.... •8.826,000 •6,401,000 G ain.12,335,000 measure, and that is that since the proposed arrangement The Bank of England gained £599,000 during the week would increase the profitableness of the bonds, the tendency A s above stated, this represents £360,000 net received from of the provision would be to further increase the premium abroad and £239,000 from the interior. The Bank of at which they are held, and so prevent the measure from France shows an increase of 750,000 francs gold and of affording the full relief expected. But quite a different plan for helping the banks and re 4,025,000 francs silver The Bank of Germany, since the last report, has gained 16,420,000 marks. The following lieving their currency difficulties, while at the same time’ indicates the amount of bullion in the principal European also relieving the Treasury, was presented by Mr. Jordan, the Treasurer, a plan which is certainly very ingenious and banks this week and at the corresponding date last year. looks as if it were entirely feasible. His plan contem Feb. 3 , 1S87. jFe&. 4 ,1 8 8 6 . plates the funding of the 4s and 4£s into 2$ per cent bonds. Gold. Silver. Silver. Gold. There have been many propositions of this kind, but none that have come to our notice have appeared to be practi & £ & £ Bank o f E n g la n d ......... . 21,428,718 22,041,928 cable. The bill now before the finance committee of the Bank o f Franoe . . . . . . . . . 48.727,166 46,336,616 46,208,721 43,451,749 Senate is of that nature; it would not work because it asks Bank o f Germ any............ 19,087,950 16,927,050 18,102,680 16,053,320 T otal this w e e k ................ 89,243,834(63,263,606 86,353,329 59,505,069 the bondholder to make the exchange and to take cash for Total previous week . . . . 88,183,217162,05C.796 85.750.441 59.113,838 the difference, that is for the liquidated interest. It is The Assay Office paid $100,857 through the Sub-Treas' just as Mr. Jordan said, people who have those bonds do ury during the week for domestic bullion, and $96,171 not want money and would not accept it and disturb their for foreign bullion, and the Assistant Treasurer re- investment. Some financial writers have therefore pro ceived the following from the Custom House. posed to offer as an inducement for the change in the rate of interest, an extension of the bonds making them run a Oonsisting o f— much longer number of years, and some such idea as that D ale. D uties. J . S. T Bold Silver Cer Bold. has in years past several times taken shape in Congress by tiflea tes. Notes. Oertiflc’e. a bill which has made some progress there; but it has Jan. 28. $4,000 »474,942 56 $63,000 $332,000 $75,000 “ 29. 369,224 43 1,000 40,000 276,000 52,000 never met with any considerable favor as it definitely 371,726 45 1,000 « 31. 51,000 269,000 49,000 deferred the payment of the debt, and anything like a Feb. 1. 617,735 25 2,000 76,000 474,000 62,000 '* 2. 876,183 12 1,500 125,000 670,000 83,000 permanent public debt we have not grown up to yet, and 407,440 98 « 3. 3,000 71,000 273,000 59,000 we trust we never shall. T otal. »3,117,252 79 $12,500 $426,000 $2,294,000 $380,000 The Treasurer’s plan is however of a very different Included in the above payments were $6,500 in silver nature, for it is not primarily meant to help the banks, but to make provision for our accumulating surplus until coin, chiefly standard dollars. such time as Congress shall reduce taxes and wipe out the surplus. Relief to the banks is only an incidental advan R E L IE F FO R TH E T R E A S U R Y A N D F R O M tage, but it is a very important one. He expects under B A N K N O T E C O N TRA CTIO N . it to secure both of these objects. The proposal is in sub On the 25 th of January the Senate Finance Committee stance to change the old bonds into new ones bear had before it Comptroller Trenholm and Treasurer Jordan ing interest at the rate of 2£ per cent, which new bonds to learn their opinions with reference to certain bills the shall equal not only the principal of the old ones but also committee was considering. The examination was very the liquidated interest— that is, they shall cover the full interesting and both of these officers’ views on the points surrender value. Obviously on the face of it the public brought up were extremely suggestive. Mr. Trenholm for debt would be increased, but the interest payable would instance made among other proposals one with regard to be without any material change. One very important remitting the tax on a certain portion of the National condition is attached to the new 2 \ per cents, which is, bank circulation, which looks as if it might prove of great that the Government has the option to draw them by lot advantage. and pay them in an amount not to exceed sixty millions His suggestion was to take the tax off so much of the in any one year. Of course, this latter feature is the distinctive one, and circulation as is represented by the legal minimum of bonds which the banks are required to hold. The pur one which at first sight looks as if it would deter any of pose of the plan is apparent. It is to give a greater profit the existing bondholders from accepting the offer. But on circulation issued on the minimum holdings of bonds, there is this to be said on the other hand (1) that as the and thereby encourage the continuation and formation of bonds would only be 2^ per cents, and would be useful as Fe b r u a r y 5, 1887.] THE CHRONICLE 161 a basis for circulation, it may be presumed that the I on the part of the Canadian authorities, according option would not be exercised or accepted by the to the American view of that treaty, were being That is to say, Great Britain, after government any longer than necessary— that is, the adjudicated. undertaking in a friendly way judicially to consider rate of interest being so small, and the fear of con tracting the bank circulation so great, there would be whether in the cases submitted the treaty and the but little inducement for continuing a surplus for that principles of comity among nations had not been vio purpose ; it would appear more attractive to Congress to lated, and during the progress of these negotiations, gives reduce taxes and bring the surplus down to a minimum. vitality to a statute which precludes our case and author (2) To the investor a very tempting feature in favor of izes the accused power to commit acts more exasperating making the exchange would be, as Mr. Jordan expresses than had hitherto been done. Canada asks the American it, “ the realization of capital without a deprivation of inter Senate why it has passed such a vigorous measure— e st.” For instance, every holder of 4 per cent bonds would why not negotiate ? Great Britain’s press echoes, let us at once get for each one hundred dollar bond, one hundred negotiate. But does not the act referred to look like an abrupt and wilful foreclosure of all negotiation— as if in and twenty-three and fifty-five one hundred dollars in per cent bonds, the fractions of bonds to be issued in fact the door to negotiation had been slammed in our face ? It should also be remembered that the seizures of our fishing vessels, of which complaint has been made, show, if our facts cannot be controverted— whatever view of the treaty is the right one— not only an utter lack of proper courtesy, but in some cases actual brutality, in the methods the Canadian customs officers adopted. If we are to credit the received facts, the procedures have been more like those between belligerents than between friendly nations. W e have not room to recite the cir cumstances covering any of these cases. Nor does the purpose we have in view make it necessary that we should do so, as they are familiar to the public. Besides, the deliberate opinions of the State Department, as expressed in their official communications to the Government o f Great Britain, after making a full examination and recital of the facts, are sufficient to establish the state of the question before the British authorities when this new act facilitating and by necessary inference sanctioning Canada’s proceedings was approved. For instance, Mr. Phelps, our Minister to Great Britain, in a letter addressed to Lord Rosebery, after stating the circum stances attending the seizure of the David J. Adams, pronounces them “ unfriendly and discourteous” as well as “ unwarranted.” Further on in the same letter he says: “ From all the circumstances attending this case “ and other recent cases like it, it seems to me very appa“ rent that the seizure was not made for the purpose o f THE FISH E R IE S D IS P U T E W IT H G R E A T “ enforcing any right or redressing any wrong.” Again, it seems “ impossible to escape the conclusion that this B R IT A IN . There appears to be in some quarters a misunderstand “ and other similar seizures were made by the Canadian ing, not only as to the grievance or chief cause of irrita “ authorities for the deliberate purpose of harassing and tion just now growing out of the fisheries dispute, but also “ embarrassing the American fishing vessels in the purregarding the real purport and purpose of the law passed “ suit of their lawful employment.” A ll this of course by the Senate. On the latter point many have obtained was said under instructions from the State Department* a very erroneous impression by giving undue prominence But Mr. Bayard himself is even more explicit, stating in to a speech made by one Senator which was extremely in a communication to Sir Lionel W est that “ this inhospitatemperate and abusive of Great Britain and its people. u ble, indeed inhuman, conduct on the part of the customs That speech did not in any degree reflect the spirit of the “ officer in question should be severely reprimanded, &C.” bill or the opinion of the committee that introduced it. Now we all know that there is nothing whatever hysteri In fact, the speaker represented no one of any intelli cal in the utterances of the present Secretary oi State, and gence but himself, either in or out of the Senate, and we hence the public will accept these opinions as strongly can scarcely believe that even he entertains the views he presumptive of the spirit and nature of the methods used by the Canadian authorities. But aside from that, and expressed. A t the same time there is we think just now a new which in this discussion is of more importance, they furnish, cause for irritation connected with this disagreement, and the best of evidence that Great Britain was fully informed the practically unanimous vote of the Senate forbids any by our State Department of the irritation existing and other conclusion. W hat then is this special grievance ? the cause of it. W ith then the American view so earnestly pressed and Obviously it is the action of the Government of Great Britain in approving within the last month or two the bill clearly defined; with the negotiations in this condition passed by the Canadian Parliament last summer;— and still progressing; with no settlement proposed, no approving it while the interpretation of the Treaty of alleviation of the irritating circumstances suggested, no 1818 was under discussion between that Government and excuse or reprimand offered or given; the Government of the United States', and while cases of gross wrong-doing Great Britain approves the Canadian law in question and scrip exchangeable into bonds. This would increase the holder’s capital and give him a security which for banking purposes would be in active demand. W e would add that the Treasurer says he has submitted his proposed bill to Mr. J. B. Trevor, of this city, and Mr. A . J. Drexel, of Philadelphia, and both say that the bill is not merely ad visable but an excellent measure, and one that will workW e have only very briefly developed this idea. But why may not the proposal of the Treasurer with the Comptroller’s suggestion attached make the basis for a solution of these various questions ? If, on reflection, it is still feared that the option clause as proposed would in terfere with the working of the measure, it might per haps be well to lower slightly the limit of the annual drawings. But an option of some amount is extremely necessary and worth a sacrifice to obtain ; it would not only meet a present need, but even with taxes greatly re duced, we are always liable to have a surplus, and though it may be small when the expected tax reduction has been effected, an assured outlet for any possible accumulations is quite essential. In adding the feature suggested by Mr. Trenholm for banking purposes, and thus making the new bonds more valuable, the success of the scheme would seem to be placed beyond doubt, while the problem of bank circulation and bank extension for the next fifteen years would be thereby settled. W e hope this idea will not be lightly dismissed. 162 1HE CARON IGLE [Y ou XUV. thereby puts it into operation. reads as follows. Section 3 of that law January, 1886. Of course this gain comes after a loss the previous year, occasioned by the bad weather then A n y one o f the officers or persons hereinbefore mentioned m ay bring prevailing, but the present year has not been altogether any ship, vessel, or boat being within any harbor in Canada, or hover ing (in British waters) within three marine miles o f any o f the coasts, free from the same kind of disturbances. Moreover, some bays, creeks, or harbor in Canada, into pert, and search her cargo, and m av also examine the master upon oath touching the cargo and voyage; previous months recorded even larger gains. Take for and if the master or person in command does not truly answer the ques tion put to him in such examination he shall incur a penalty of $400; instance December, which is the latest month for which and If such ship, yessel or boat is foreign, or not navigated according to the laws o f the United Kingdom, or o f Canada, and has been found fish we have returns of both earnings and expenses, and for ing or preparing to fish, or to have been fishing (in British waters) Tnis month shows within three marine miles o f any o f the coasts, bays, creeks, or harbors which results have just been made up. o f Canada, not included within the above mentioned limits, without a license, or after the expiration o f the term named in the last license gross receipts of $899,665 for 1886 against only $775,37 L granted to such ship, vessel, or boat, under the first sect! >n o f this act, o r has entered such waters fo r any purpose not permitted by treaty or in December, 1885, and <¡¡758,229 in December, 1884. Net convention, or by any law of the United Kingdom or o f Canada, for the earnings are $383,708, against $306,551 and $340,508 time being in force, such ship, vessel or boat, and the tackle, rigging, apparel, furniture, stores, ana cargo thereof shall be forfeited. respectively in 1885 and 1884. Of course, charges have It seems unnecessary to more than quote the above and also increased, but the gain in net has been more than to state what is well known, that it was passed solely to sufficient to counterbalance that increase, so that the apply to and fit cases like those now in dispute, to impress deficit which is usual in that month was for 1886 only upon any reader not only its unfriendliness but its defiant $132,246, against $163,038 in December, 1885, and spirit and character. Of course Canada has the right and $141,471 in 1384. we take no exception to its passing any law to protect its But a better idea of the company’s progress in this commerce and enforce its laws within its jurisdiction; but respect is afforded by taking the results for the half year. for the Government of Great Britain to adopt this statute No statement for this half year has been given out, but while appearing to be seeking a friendly solution of we are in possession of the results of the monthly exhibits difficulties growing out of the very matter that the statute j prepared for the information of the directors, and with in question affects and aggravates, does not at least these as a basis are in position to state correctly the totals encourage further negotiation. Every one is aware that for the half year. W e find that gross earnings for the these provisions were framed and passed by the Canadian six months show a gain in every item,— freight, parliament not to protect fisheries within the three mile passengers, mail, express, and miscellaneous,— and limit, but to harass and embarrass American fishermen in reach a total of $7,342,294, or $599,024 more their work outside the limit, so as to get better arrange than in the same period of 1885, and $714,575 more than ments with America for Canadian fish, and that now they in the same period of 1884. Tiie net earnings amount to have these new facilities for this irritating work. $3,970,126, being an improvement of $329,145 on the If the Senate bill which passed this week and the half year of 1385, and $610,557 on 1834. Considering similar bill which Mr. Belmont has introduced into the that the company has been suffering from a war on trans House, be considered in connection with these facts, no continental business all through the period in 1886, this is further explanation of their animus will be needed, for the a very satisfactory showing. Let U see now to what ex 3 real aim of this kind of legislation will be easily under tent the gain has been offset by higher charges. Here is stood. Both bills are quite the opposite of warlike, and a table giving the charges in detail and the gross and net every suggestion that they cover such a purpose is simply earnings against the same— both for December and the six absurd. The idea most remote from the American mind months— in the last three years. at the present time is war with any one, and last of all December. Six Months Ending Dec. 31. with Great Britain. This legislation does assume how Northern Pac. RR. 1886. 1885. 1884.’ 1886. 1885. 1884. ever that further negotiation has been precluded by the $ $ * $ $ 2 views and action of Great Britain; and hence if Canada Gross earnings . . .. 899,665 775,371 758,229 7,842,294 6,743,270 6,627,719 Oper’g expenses .. 515,957 468,820 417,721 3,372,168 8,102,289 8,268,150 continues the same treatment of our fishing vessels she prac Net earnings... 306,551 383,703 340,508 8,970,126 3,640,981 3,359,569 ticed last year, and which she insists is her right, America Charges accrued aQst. earnings— will simply stop intercourse either wholly or partially. Rentals—St. Paul W e see it is stated by Canada that in such a contest the & No. P acific... 46,220 37,985 81,876 827,325 299,413 256,127 177 177 1,031 1,059 United States trade would suffer most. That is a ques St. Paul & O m ... Manitoba R o a d .. 1,798 1,786 1,739 10,716 10,790 10,355 tion time would have to determine; but if we understand Minn. U nion....... 3,738 3,743 *10,529 22,454 22,342 *10,529 No. Pac. T erm ... 5,676 5,616 0 .9 ,2 8 6 34,056 33,696 25,877 the situation, the affair is not now a matter of trade, Branch R oads....... 63,836 56,046 29,205 868,125 816,500 87,615 17,502 18,067 31,304 158,825 but of feeling. If Canada does not wish to treat Taxes...................... 153,951 140,794 Funded debt in t ... 372,053 362,910 877,156 2,196,040 2,163,727 2,025,324 us in a fair, friendly way, non-intercourse is far prefer General interest... Or. 21,252 4,791 63,530 Or. 5,575 Sinking funds. ... 4,954 4.561 4,665 22,592 29,406 27,867 able. W e may add, however, that if the issue were a question of trade wholly, it looks as if we could afford to T o t a l................... 515,954 _469,639 481,979 3,143,206 8,010,011 2,660,283 Remainder.......... —Id2,246 —163.088 —141,471 +826,920 +630,970 +699,288 lose a few millions better than some other powers could * For three months. afford to lose half that amount. A man of wealth may, From this we observe that while there has been an in without feeling it, mark off from his assets annually what crease in charges, as compared with the half year of 1885, would impoverish his poorer neighbor. Still that is a the increase has not been very large ($133,195), and the very unimportant point. Whether the sacrifice is great result is that there is a surplus above the charges in the or small, we may presume from the vote in the Senate amount of $826,920. Of course, these six months consti that our people are ready to meet it. tute the best half of the company’s year, but in the same six months of 1885 the surplus was only $630,970, N O R T H E R N P A C IFIC ’S HALF- Y E A R L Y I N COME and in 1884 it was $699,286. We should say that A N D F IN A N C E S. in all these cases the result is given irrespective of the Seven months of the Northern Pacific’s fiscal year have income derived from investments and miscellaneous passed, and from the results for this period the indica sources, which of course would further swell the surplus. tions are unmistakable that the exhibit for the full year This income has in recent years been growing in amount, will be more favorable than in either of the two fiscal and in 1885-6 aggregated some $300,000, or about $150,years preceding. For the month of January just closed 000 per half year. What its total was in the late half the gross earnings are $542,375, against $480,330 in year we do not know. February 5, 1887.] 163 THE CHRONICLE. only 647,895 tons the previous twelve months. In values the year was one of steady improvement from beginning to end, the revival of railroad building of course contributing greatly to this result. In Great Britain, on the other hand, there was hardly sign of promise during the first six months, and in fact this continued till towards the close of the year, when the great activity and increased demand in the United States stimulated the trade in the United Kingdom and gave hope of a better state of affairs in the current year. The agreement last August of the Cleveland ironmakers to reduce production 20 per cent also had some effect bringing about an improved feeling. As evi dencing the severity of the depression that prevailed Amount Outstanding. Jan. t, ’87. July 1, ’86. Jan. 1, ’86. July 1, ’83. Jan. 1, ’85. part of the year, we may say that Scotch pig dropped to 2 $ $ t $ 1st mortgage bonds. ... 45,028,000 44.028.000 44.028.000 43.403.000 40.903.000 37s. lid . and Cleveland iron to 29 j., the latter price hav 2d mortgage bonds........ 20,000,000 18.857.000 18.857.000 18.857.000 18.857.000 ing never previously been touched, and Scotch pig having Mo.Dlv.APend d ’Orellle 5,260,500 5,351,500 5,423,500 5,478,500 6,500,400 4,640,821 4,640,821 4,640,821 4,640,621 4,640,821 only once before— in 1852— been below 38 a Dividend certificates... The better T otal......................... 74,929,321 72,877,321 72,919,321 72,374,321 69,901,221 feeling that ruled as the year closed, is reflected in the 365,000 365,000 431,500 365,000 475,500 Bonds In sinking fu n d .. * fact that not only was the early decline recovered, but at 74,453,821 72,445,821 72,584,321 72,009,321 69,536,221 38.058.310 38.256.703 38,610,584 39,255,564 the end prices were reported on an average about 3 s. per 87,938,767 Tne improved tone, 1,006,724 1,171,2791 1,392,025 1,413,057 1,671,289 ton higher than at the beginning. Supplies on h a n d .......... Since the 1st of the year the company has listed on our however, would appear to be very largely based upon the Stock Exchange an additional million of 1st mortgage revival in the United Slates, for while the exports of iron bonds, against 49 miles of new road. In the application and steel from the United Kingdom in 1886 did expand, to the Exchange it was stated that this additional million and reached 3,795,901 tons (of 2,000 lbs.), against 3,503,made the total issue of the bonds $52,509,000. As we give 809 tons in 1885, the United States contributed 910,049 only $45,028,000 of bonds above, and a million more ions of the amount in 18 36, against only 453,959 tons in would make the total $46,028,000, there would seem to 1885— that is to say, the demand from the United States be a discrepancy of $6,481,000 between the two state was doubled, and formed nearly one quarter of the merits, but this difference merely represents the $6,481,000 entire exports, while the movement to the rest of the of lsts which by the terms of the mortgage are held in world fell off. Moreover, notwithstanding the increase in reserve against the prior lien bonds on the Missouri & total exports and the diminution in the make of iron Pend d’Oreille divisions. Outside of its own direct stocks in Great Britain at the end of the year were stated indebtedness the company has had listed $223,000 more to have increased, the London Economist, in an of James River Valley bonds (making $963,000 alto article in its issue of January 15, estimating the total in gether), and the $688,000 of Spokane & Palouse bonds public stores and in makers’ hands at the large figure of referred to in the last report but not then embraced in 2,500,000@2,600,000 gross tons, equivalent to 2,800,000® the indebtedness of the branch roads, have also since then 2.912.000 net tons of 2,000 lbs. W e make these remarks to show that in contrasting our been placed on the list. W ith reference to the preferred stock, the reduction since the 1st of July, it will be seen production for 1886 with that of Great Britain for the has been slight, from which it would appear that pay same year, allowance must be made for the fact that in ments against the 2,430,000 acres land sale (at $2 00 an the one case the conditions governing the output were favorable in the extreme, and in the other they were just acre in preferred stock] have not yet become available. the reverse. W e now annex a table giving our own make of pig and that of the United Kingdom for each of the O UR IR ON B E VEL OPMENT. In no department of trade is the industrial growth of last 17 years, the figures being all expressed in tons of lbs., and the production of the United States being the United States so strikingly seen as in the case of coal 2.000 and iron. W e had occasion a week ago to call attention stated in detail according to the kinds of fuel used. As to the funded debt, this has been considerably in creased during the last six months. Tne company spent $2,679,098 on new construction in these six months, and $123,973 more on equipment, and of course had to raise money to meet this heavy outlay. W e find that both the $1,000,000 of lsts and the $1,143,000 of second mort gage bonds which were reported in the company’s treas ury last July have been put out, so that after allowing for the bonds redeemed through sinking funds the net funded debt shows an increase of over two million dollars. Tne following gives the state of the debt at five semi-annual periods, and also the amount of preferred stock outstanding and supplies on hand at the same dates. to the great expansion that has occurred in the production of coal, and in the figures now published by the Iron and Steel Association we have the means for gauging in similar way the development of iron production. W e need h ardly say that iron is as much an article of prime neces sity as coal, and that a nation’s advance in material pros perity is closely connected with its progress in these two independent yet allied branches of industry. As in the case of coal, the United States is the second largest producer of iron in the world. Great Britain leads but the United States is rapidly gaining on it— so rapidly, indeed, that it would seem it must in a few years surpass Great Britain. In the United States the increase the late year, compared with the previous year, reached 1,836,819 tons of 2,000 lbs., or full 40 per cent. Nor does this measure the extent of the revival that has taken place, for with this enlarged production stocks in makers’ hands were diminished from 416,512 tons to 249,504 tons; furthermore, our imports of iron of various kinds reached 1,230,390 tons, against YEARLY PRODUCTION OP PIO IRON IN UNITED STATES ACCORDINO TO FUEL USED, AND TOTAL PRODUCTION IN UNITED KINGDOM. United States. Tons 0f 2,000 Ibs. Anthra cite.^ 930,000 1870...... ........................... 956,608 1871................................. 1872 ................................ 1,369,812 1873.................................. 1,312,754 1874................................. 1,202,144 908,046 1875.................................. 794,578 1876................................. 934,797 1877................................. 1 87 8 ............................... 1,092,870 1879.................................. 1,278,024 1880.................................. 1,807,651 1881..........; ...................... 1,734,432 2,042,138 1882............................. 1883.................................. 1,885,593 1884...... ........................... 1,586,453 1885.................................. 1,454,390 1886.................................. 1 2,099,597 Char coal. Bitumi nous. Total. 365,000 385,000 500,587 577,620 576,557 410,990 308,649 317,843 293,399 358,873 537,553 638,838 697,906 571,726 458,418 399,844 460,917 570,000 570,000 984,159 977,904 910,712 947,545 990,009 1,061,945 1,191,092 1,438,973 1,950,205 2,268,264 2,438,078 2,689,650 2,544,742 2,675,635 3,806,174 1,865,000 1,911,608 2,654,558 2,868,278 2,689,413 2,236,531 2,093,236 2,314,585 2,577,831 3,070,875 4,295,414 4,641,564 5,178,122 5,143,972 4,589,613 4,529,869 6,366,688 Producti’n in Great Britain.* 6,879,137 7,422,440 7,550,960 7,354,425 6,710,377 7,129,317 7,342,716 7,401,304 7,146,777 6,714,777 8,679,141 9,121,783 9,617,081 9,552,816 8,749,134 8,305,825 Ì7,800,000 * I n the official statistics Great B ritain’s figures are reported in gross tons of 2,240 pounds, hut we have reduced them to tons o f 2,000 pounds to correspond with our own. 1Includes iron made with mixed anthracite and coke, as well as that m ade with anthracite alone. i Estimate 1 on basis of reports published in English tra de papers. 164 THE CHRONICLE. This shows interesting changes. The production in the United States has been steadily extending, till in the late year the make amounted to 6,366,688 tons, against only 1,865,000 tons in 1870, and against but 3,070,875 tons as recently as 1879. There have been set-backs of course, involving periods of declining totals, but after each decline a higher level has been reached, and with the extraordi nary development in the late year, the 1886 aggregate is decidedly the heaviest on record. The increase since 1879 is over 100 per cent, and since 1870 nearly 250 per cent. Great Britain also has enlarged its production, as com pared with both 1870 and 1879, but in a more moderate way, and during the last four years has been experiencing a steady decline. About this decline, however, there is nothing so very striking, since our production had also been declining between 1882 and 1885, and only in the late year did the recovery which subsequently became so marked begin. Already the activity here has slightly stimulated trade in Great Britain, and it may be that, the state of European politics permitting, the current year will again record a higher production for that country— especially is this likely to be the case if prices here should be so high as to admit of a large influx of the product. It is significant of the controlling influence that the U nited States has had in this respect in the past, that in the pre vious era of falling totals, the United Kingdom made its lowest total in 1879, and then steadily and largely in creased till it reached its highest aggregate in the same year that we did ours, namely, in 1882— the increase in those three years being from 6,714,777 tons in 1879 to 9,617,081 tons in 1882, from which there has since been a decline to 7,800,000 tons. Bearing in mind that in using the results for 1886, we are taking Great Britain at her worst, the comparison of the figures of the two countries affords a good measure of the great progress that the United States has made in this industry. In 1870 the make of iron in the United States, as already said, was only 1,865,000 tons, but in Great Britain the make was 6,679,137 tons; that is, the product of the British Isles was nearly 3£ times that of the United States. In 1879 the United Kingdom still had more than twice as much as the United States, the totals being respectively 6,714,777 tons and 3,070,875 tons. In 1886, however, we find this country up to 6,366,688 tons, and Great Britain at 7,800,000 tons, a difference in favor of the latter of only about 1,400,000 tons or less than 25 per cent. In the one particular of home consumption the United States would appear already to be decidedly in advance of Great Britain. A considerable proportion of the United Kingdom’s make of iron is exported in one form or another. On the other hand the exports from the United States are so small as to count practically for nothing. As stated further above, in 1886 the shipments of iron and steel from Great Britain to foreign countries amounted to 3,795,901 tons, not including hardware or cutlery. If against this we allow for 132,630 tons of unwrought steel and of iron imported in the shape of bar, angle, bolt and rod, we have a net export of 3,663,271 tons. Deducting this from the 7,800,000 tons produced in the year, there remains say about 4,100,000 tons for domestic consump tion, leaving out of consideration altogether the increase of stocks during the year. In the same period the United States has apparently used up its production of 6,366,688 tons, imported besides 1,230,390 tons, and reduced stocks in makers’ hands 167,008 tons, affording a grand total of over 7£ million tons consumed at home. Hence consumption in the United States would [V ol. XLIY, seem to be 90 per cent greater than in the United King, dom. Our great development in the production of iron has been possible only through the coincident extension of our coal production, and more particularly soft coal. It will be observed from the table above that while up to 1875 the make of iron with anthracite as fuel exceeded that with bituminous, since then the latter has been steadily running ahead, till in 1886 nearly twice as much iron was manufactured with soft coal as with hard coal, the figures being respectively 3,806,174 tons and 2,099,597 tons. The reasons for this predominance are of course obvious. It follows from the extension of production in fields where anthracite is not found. That kind of fuel indeed is used in iron making in only four States, Pennsylvania, New York, New Jersey and Maryland; Pennsylvania being the home of anthracite, uses it to greater extent than any other, but even in that State almost as much bituminous iron as anthracite iron is produced, the proportions being for 1886 1,710,968 tons of anthracite, 1,565,594 tons of bituminous and 16,727 tons of charcoal iron. Unlike anthra cite, however, bituminous coal is found in almost every section, and in many cases the coal and iron are found side by side, making the conditions for the manufacture of iron very favorable. Thus the growth of the iron industry outside of the four States mentioned has really been entirely on bituminous coal, and as the heaviest increases in the future must be expected to occur in the same sections, more particularly on account of the promi nence to be assumed by the Southern States, it follows that iron produced with anthracite as fuel must form a smaller and smaller percentage of the whole. It should be said that owing to the wide distribution of the bitumi nous coal fields, and the proximity of iron ore to them in many different sections, the possibilities of iron manufac ture in the United States are virtually without limit. With reference to the production of the Southern States, the increase during 1886 has not been very marked. In view of the great prominence these States have latterly assumed in the public mind, this may seem surprising, but as has been truthfully declared 1886 was a year of prepa ration in the South rather than of realization. To indi cate what a small proportion of the whole the Southern States yet hold in the iron production, we have prepared the following table showing first the output in those States individually and collectively, and then the output of all other large producing States. PRODUCTION OF PIG IRON BY STATES. Tons o f 2,000 lb*. 1886. 1885. 1884. 1883. 1882. 1881. 1880. Tons. 221,438 163,782 161,199 69,007 37,558 32,924 17,299 1,843 1,790 Tons. 189,664 157,483 134,597 55,231 45,052 42,655 27,342 5,140 435 Tons. 172,465 152,907 133,963 88,398 54,629 45,364 49,153 2,381 Tons. 112,765 87.73Î 137.602 73,220 66,522 42,440 54.524 1,821 1,150 Tons. 98,081 83.711 87,406 66,409 45,973 37,404 48,756 3,00t 80( Tons. 77,190 29,934 70,873 70,338 57,708 27,321 61,437 2,500 876,539! 712,835 657,599 699,260 577,275 471.54C 397,301 South’n States— Tons. Alabam a........... 283,859 V irginia............ 156,250 Tennessee......... 200,526 W est V irginia.. 98,618 Kentucky-.......... 54,814 G eorgia............. 46,490 Maryland.......... 30,502 T exas................. 3,250 North Carolina. 2,200 T otal............ Pennsylvania... 3,293,289 2,445,496 2,385,402 2,638,891 2,449,256 2,190,786 2,083,121 Ohio................... 908,094 553,963 567,113 679,643 698,900 710,546 674,207 New Y ork.......... 233,618 160,157 239,486 331,964 416,156 359,519 395,361 New Jersey...... 157,886 73,667 82,935 138,773 176,805 171,672 170,049 Illin ois.............. 501,795 827,977 327,568 237,657 360,407 251,781 150,556 Michigan........... 190;7S4 143,121 172,834 173,185 210,195 187,048 154,424 96,842 W isconsin......... 65,933 24,632 52,815 51,893 85,859 102,02! Missouri............ 74,523 51,408 60,043 103,296 113,644 109,791 105,555 67,998 A ll others...... T. 36,613 43,818 64,277 92,410 89,625 86,841 Grand T o ta l.. 6,366,688 4,529,86914,589,613 5,146,972 5.178.122 4,641,56< 1,295,414 We see here that notwithstanding the extension of iron manufacture into so many new fields, Pennsylvania still retains its pre-eminence. Not only has it gained abso lutely but also relatively. In 1880, with a total produc tion of 4,295,414 tons, Pennsylvania had not quite one- February 5, 1887.J THE CHRONICLE. half^ or 2;083,121 tons. In 1886, with a total production of 6,366,688 tons, it had more than one half, or 3,293,289 tons. It will also be noticed that Western States, like Ohio and Illinois, have greatly added to their production and that these rather than Southern States are to be men tioned for their gains. Indeed, the nine Southern States together produced only 876,539 tons, while Ohio alone had 908,094 tons, and even Illinois had 501,795 tons. If we compare with the 3,293,289 tons of Pennsylvania, the 876,000 total of the Southern States appears still more diminutive. But the growth of the South has at least been steady and continuous, only one year since 1880 having failed to record an improvement on its predecessor, and the 1886 total being more than twice as great as that of 1880, which was only 397,301 tons. Moreover, it must always be borne in mind, that owing to the large number of new furnaces recently erected or now in process of erec tion, the past offers absolutely no guide to the future. W e called attention a few weeks •ago to the estimate of General Willard Warner (a good authority) that in 1888 the three States, Alabama, Georgia, and Tennessee, would produce no less than 1,500,000 gross tons of iron, equal to nearly 1,700,000 net tons. The same States in 1886 produced 530,875 tons, so that this allows for an increase of over a million tons. Even with that increase, however, the States mentioned will be far behind Pennsylvania with 165 coal and wages are nearly all higher, and freight charges are also in many cases greater; but nevertheless the pros pect points to much larger gains from the business in 1887 than in 1886. TH E W A R S C A R E I N BELGIU M . During the last few weeks there have been various rumors to the effect that the delicate and doubtful rela tions known to exist between some of the Great Powers had created a certain amount of uneasiness in Belgium. While the debate on the German army bill was pending, it was confidently asserted that the condition of the army and the defences were exclusively occupying the attention of the Belgium Government; and subsequently, the excite ment having evidently somewhat subsided, the Government was reported to have ordered the Military Department to try the experiment of a general mobilization of the army instead of the usual manoeuvres this year. This week it is stated on authority that King Leopold will send a message to Par liament showing the necessity of making personal military service compulsory in Belgium, and of supplying the means for such a state of defence for the country as the present condition and future prospect of Continental affairs make expedient. In the event of a European war on a large scale breaking out— a war especially in which Germany and France would its 3,293,289 tons. be the principal parties— it is not much that either Belgium It may be thought that under the large production and or her northern neighbor Holland could do as an active active demand, manufacturers on the whole had a very force on either side; but it is in the highest degree desir profitable year. But this conclusion hardly seems war able that they should both be able to protect their own ranted. In the first place, though prices were better than frontiers. No country has suffered so much from Euro in the previous year, no decided improvement occurred pean wars as Belgium. So much was it the habit at one till towards the close, so that the average for the year will time for the greater nations to fight their battles and not range much above that for the previous year, which settle their difference on Belgian soil, that a certain portion with one exception (1878) recorded the lowest average of that soil to day is spoken of as “ The Cockpit of Europe.” in the history of the trade. Taking the commonly ac It was a fortunate circumstance for Belgium that in the cepted standard, No. 1 anthracite pig at Philadelphia, we last Franco-German war Belgian soil was neutralized. In find that it was not till October that the price got above the event of another war between the same powers, it $18 50, but after that the rise was rapid, the quota might not be so fortunate; and even if it were proclaimed tion touching $20 50 in the last week of December. neutral, it would be well to be provided against the con The rise, however, came so late as to have but tingencies of war. The better the frontiers are guarded, little efEect on the average value, which would seem the less is the danger of complications arising from either to have been not much above $18J-, against $18 for the belligerent trespassing on Belgian territory. For this year 1885. Moreover, much iron produced in 1886 must reason, if for no other, the little kingdom does well to be have been to fill orders taken at the very low prices of on the outlook and to consult its own welfare in time. 1885. The following table shows the opening, highest There are other reasons, however, which in themselves lowest, closing and average prices for each year since are sufficient to justify Belgian anxiety, in view of a 1870. rupture of friendly relations between France and Ger RANGE OF AVEBAGE MONTHLY PRICES FOB PIG IRON (NO. 1 ANTHRACITE many. It is not to be doubted that one of the results AT PHILADELPHIA) FOR SEVENTEEN YEARS. which would inevitably follow a duel between Germany Closing. Average. Lowest. Highest. Opening. Tona of 2,340 Ibs. and France would be a fresh rectification of frontiers— $33« $31« $31« Dec. $ 36 « Jan. $36« 35« 87« 3 0 « Jan. 3 7 « Nov. the reconstruction of boundary lines. Should France be 30« 1871........................... 48« 47% 37 Jan. 53% Sept. 87 1872........................... successful, it is but little likely that she will content her 42« 32« 3 2 « Dec. 48% Mch. 45 1-6 1873........................... 30« 24 24 Dec. 32 Jan. 32 1874........................... self with the mere recovery of Alsace and Lorraine. 25« 23« 2 3 « Dec. 27 Mch. 25 2-3 1875. n..................... 22« 21« 2 1 « Dec. 2 3 « Jan. This is the view of the case taken both by Bismarck and 23« 1876........................... 18% 18 A ug. 18 2 0 « Jan. 20« 1877........................... von Moltke. France would be almost certain to exact a 17 17« 1 6 « Nov. 1 8 « Jan. lb « 1878........................... 30« 21« 1 7 « Jan. 3 0 « Dec. 1879........................... 17)2 more sweeping satisfaction. I f Germany should be sue* 28« 25 23 June. 41 Feb. 40 1880........................... 26 25« cessful, France is but little likely to escape further muti 24 June. 26 Mch. 25 1881........................... 25« 25« 2 5 « April. 2 6 « Oct. 26 1882 ......................... lation. Germany will cut and carve to her own advan 22« 21 21 June. 25 Jan. 1883........................... 10% 1 8 « Dec. 18« 2 0 « Jan. 20« tage; and it will be difficult even for the voice of Europe 1884........................... 18 1 7 « June. 18« 1 8 « Oct. 18 1885................... :...... to prevent her from making such arrangements as shall 18« 20« 1 8 « June. 2 0 « Dec. 18« 1886..................... ... On the whole it seems unlikely that profits, taking render France powerless for some generations, so far at the twelve months together, were large. Now, how least as Germany is concerned. It is not a necessity that as the result of such a struggle ever, the state of"things is changed. The advance to $ 2 0 j at the end of December has not only been maintained in either Belgium or Holland would suffer. It is quite pos the current year, but further advances established, till sible that in rearranging boundary lines, respect might be this week the price touched $22. Of course this rise does paid to the principles which prevailed in 1815, when the not represent additional profit to the manufacturer, as ore, Kingdom of the Netherlands was reconstructed, and in 166 THE CHRONICLE. [VOL. X U T, 1830, when Belgian independence was recognized by the COTTON C O N SU M PTIO N A N D OVERLAND Powers and the Kingdom of Belgium was established. M O V E M E N T TO F E B R U A R Y 1. There is, however, another possibility. No one can look Our usual statement of overland movement, receipts at the map of Europe and fail to perceive that there are natural reasons why Germany should wish to incorporate exports, spinners’ takings, &c., are brought down to-day Holland with the empire and why, on the other hand to February 1, and now cover the first five, and most ac France should wish to repossess herself of Bel* tive, months of the cotton crop season. For purposes o f gium. Germany needs a larger amount of seaboard comparison the figures for the corresponding periods of for the development of her commerce. She is desirous to 1885-8 6 and 1884-85 are also given. figure as a maritime Power ; &nd to this end she needs OVERLAND MOVEMENT TO FEBRUARY 1. colonies. Possessed of the territory of Holland, she ,-Rail shipments during January have been very free, and would have the needed seaboard ; and Holland incorpor* largely exceed the movement for the same month in either ated with the empire, Germany would have the full of the two preceding years. The gross figures for the benefit of the trade and commerce which might arise month are 191,732 bales, against 103,812 bales in 1886, from the Dutch possessions and dependencies in the East and 145,914 bales in 1885. In this connection, however, Indies, in the Malay Archipelago, and in South America it must be remembered that the small movement in Janu France is hardly to be blamed for keeping a covetous eye ary, 1886, was in part the result of interruption to rail on Belgium. If not of the same race, the Belgians are road traffic occasioned by the severe weather which pre at least for the most part, of the same language and of vailed. For the season to date the aggregate reaches the same religion. Nor is it to be forgotten that from 869,488 bales and is the heaviest ever recorded for that 1794 until 1814 Belgium, with the rest of the Nether period. The net for January also exhibits a considerable lands, was under French rule, and for the greater part of gain over that for the same month of last year, but shows that time formed an integral part of the Empire of the a decline from the figures for 1885. For the five months First Napoleon. If the late Emperor had been able to of the current season the excess over 1885-86 is now bring Bismarck to his way of thinking, some such 24,021 bales, while in comparison with 1884-85 the in division and apportionment of the Netherlands would crease is 140,742 bales. The details are appended. long since have been attempted. Long before the war OVERLAND FROM SEPTEMBER 1 TO FEBRUARY 1. which cost him his Imperial crown and virtually his life, he had the audacity to make such a proposal to the 1886-7. 1385-6. 1884-5. Prussian Minister. Shipped since September I— From St. L o u is ............................. 281,824 289,722 200,683 But the times were not ripe for so sweeping a measure. Over Illinois Central................. 137,752 132,168 102,234 It is doubtful even if the times are ripe yet for any such Over Cairo & Vincennes................ 100,218 47,619 128,499 Over the Mississippi River, above St. L spoliation. Both Holland and Belgium have separate 11,827 15,769 14,545 Over Evansville & Terre H a u te .......... 50,331 35,240 24,214 and independent histories, while they have also had much Over JeffersonviUe Mad. & Ind.............. 16,278 25,564 33,283 Over Ohio & Mississippi Branoh. experience in common. In literature, in art, in science 6,832 14,218 15,066 Over LouisvilleCinoinnati &Lexington. 69,705 47,461 32,122 both have made their mark. Each has its long list of Receipts at Cincinnati b y Ohio R iv e r... 10,638 44,434 12,627 heroes— heroes who often fought in a common cause Receipts at Cincinnati by Cin. South’rn 76,746 68,931 49,045 Over other routes................... 99,840 73,685 45,092 W e have no reason to believe that either Holland or Shipped to mills, not inoluded a b ov e... 7,447 7,763 2,401 Belgium is willing to give up its separate existence for Total gross ov erla n d ......................... 869,489 802,574 659,811 any advantages that might result from a larger union, or Deduct— Receipts overland at N.Y., Boston,&o. 189,294 167,887 153,927 that either would wish to see the nationality of the other Shipments between (or South from) completely blotted out. Nor have we any reason to take Western interior to w n s ................... 36,731 51,574 42,016 Deduct also Shipments inland and Tak~ it for granted that Great Britain and the other Powers, ings f o r Southern Consumption bound by the arrangements of 1815 and of 1830, would from the follow ing Southern ports— readily give their consent to any such possible compact G alv eston ............................................... 236 New Orleans.......................................... 19,863 4,193 3,314 between Germany and France. All that can be said M obile...................................................... 7,038 8,809 8,894 positively is that in a great struggle between France and Savannah................................................ 722 708 566 C harleston.............................................. 3,154 5,328 Germany, reconstruction of boundary lines is certain, and 3,792 North Carolina p o rts .......................... 497 879 858 that there is danger that the self-interest of the Virginia ports......................................... 28,969 3,761 3,966 victor may be injurious to Belgium or to Holland, or to T otal to be deducted......................... 286,268 243,375 217,333 both. Leaving total net overland *............. There can be no doubt that the fear of Great Britain, coupled with a dread of disturbing the general Euro pean peace, had much to do in preventing the late Emperor of the French from carrying out his purpose and restoring Belgium to the empire. It is not unreasonable to take it for granted that similar reasons had power with Bismarck. Much would therefore depend upon the condition of things which might be found to exist after the war. Sooner or later the smaller states will be incorporated with their larger neighbours. It may be the fate of Holland to find it necessary to unite her destinies with Germany. It may also be the fate of Belgium to find it necessary to unite her destinies with France. It is desirable, however, that such unions be made voluntarily; and that such should be the case, the smaller Powers do well, for the present, to watch with care the tendency of events and prepare to guard and protect their rights. 583,2201 559,199* 442,478 * This total includes shipments to Canada b y rail, which since Sept. X in 1886-7, amounted to 24,136 bales, in 1885-6 were 23,913 bales and in 1884-5 w ere 11,969 bales. RECEIPTS, EXPORTS AND SPINNERS’ TAKINGS. Receipts at the ports during the month have been quite libera], reaching 644,681 bales and exceeding the totals for January of both 1886 and 1885— the former by 101,288 bales and the latter by 168,926 bales. The total re ceipts for the five months exhibit an increase of 262,448 bales over the corresponding period of last season, and 262,517' bales over the same time in 1884-85. Exports to foreign ports „have been of much heavier volume during January than for the same month of either the two previ ous years, the shipments for the month of this year being 740,887 bales, while in 1886 they reached 491,505 bales and two years ago were 548,818 bales. The total for the season, therefore, exhibits a large excess. Our usual table of details is given below. February Movement from Sept. 1,1886, to Fib. 1, 1887. Galveston.......... Indianola, &c.. Hew Orleans.... Mobile................ Savannah .......... Brunswick, Ac. Charleston.......... Port Royal,Ac. W ilm ington...... Moreh’d C., Ac. W est Point, Ac. Hew Y o r k .......... Baltimore........... Philadelphia,Ac. Receipts Receipts SXPOBTS SINCE SEPT. 1, 1886, TO— Stocks since since Feb. 1. Sept. 1, Sept. 1, Great France. Conti TotaL nent. 1886. 1885. Britain* 67,831 325,050 81,633 28,981 646,700 593,472 230,238 781 1,893,158 1,346,215 447,984 284,405 220,030 952,419 879,754 30,319 24,639 24,639 189,243 203,369 41,637 20,858 73,788 16,247 180,892 414,602 648,714 217,463 716,801 4,150 4,150 13.509 25,255 33,114 38,044 111,674 231,219 81,501 851,155 402,024 655 9,994 14,873 6,413 103,201 5,970 7,990 90,823 83,944 127,189 6,137 3,559 1,937 251,516 89,885 457,601 413,159 249,579 9,326 8,406 77,098 2,150 66,512 284,793 208.189 33,046 133,307 452,721 246,969 68,786 45,061 286,368 78,966 9,500 1,195 77,771 A3,831 91,275 19,533 16,158 5,132 69,983 33,408 87,286 15,754 29.665 2,493 27,172 25,587 24,597 This indicates that the movement up to February 1 of the present year is 157,469 bales more than in 1885-86 and 490,259 bales greater than in 1884-85. As it will interest the reader to see what has come into sight each month of'th e season during this and previous years, we have prepared the following, which shows the movement for the last four seasons. 945,502 1,874,215 413,965 750,341 3,038,521 Total 1885-86.... 4,138,031 1,386,576 268,549 869,510 2,524,635 1,083,097 Total 1884-85.... 14,137,962 1,749,093 ! 297,505 Total 1886-87.... 4,400,479 799,447 2,846,045 868,859 * Great Britain exports include to the Channel. Using the facts disclosed by the foregoing statements^ we shall find that the portion of the crop which hits reached a market through the outports and overland, and the Southern consumption since September 1, this year and the two previous years, is as follows. 1886-7. ( 1885-6. 1884-5. Receipts at the ports to Feh. 1 . . . . hales. 4,400,479 4,138,031 4,137,962 Net shipments overland during same time 583,220| 559,199 442,478 Total receipts...............................hales. 4,983,69914,697,230 4,580,440 Southern consumption sinoe September 1. 194,0001 164,000 144,000 Total to Feh. 1 ............................bales. 5,177,699 4,861,230 4,724,440 The amount of cotton marketed since September ] in 1886-87 is thus seen to be 316,469 bales more than in 1885-86 and 453,259 bales more than in 188 4-85. To de termine the portion which has gone into the hands of North ern spinners during the same period, we have prepared the following. Total receipts to February 1,1 887 , as ab ove.......... .......... bales.5,177,699 Stock on hand comm encem ent of year (8ept. 1 ,1 8 8 6 )— A t Northern ports................................. 132,632 41,096 —173,728 A t Southern ports......... ...................... A t Northern interior m arkets............................... 4 ,2 9 8 — 178,026 Total supply to February 1 ,1 8 8 7 ......... - ............................... 5,355,725 Of this supply there has been exported to foreign ports sinoeSept. 1, ’ 8 6 ...3 ,0 3 8 ,5 2 1 Less foreign oottoh inoluded............... . 1,760—3,036,761 Sent to Canada direct from W e st........................ 24,136 Burnt North and S o u th ........................................ 2,366 Stook on hand end of month (Feb. 1 ,1 8 8 7 )— A t Northern ports................................. 291,758 A t Southern p o r t s ................................. 653,746— 945,502 A t Northern interior m arkets. ......................... 12,033—4,030,828 Total takings by spinners sinoe September 1 ,1 8 8 6 ..bales 1,334,897 Taken b y So at hern spinners................................... ......................... 4,0 00 Taken b y Northern spinners sh n e September 1 ,1 8 3 6 ................1,140,897 Taken by Northern spinners same time in 1 8 8 5 -6 ...................... 1,189,762 Decrease in takings b y Northern spinners this y e a r .........bales AMOUNT OF CROP NOW IN SIGHT. In the foregoing we have the number of bales which has already been marketed this year and the two previous seasons. An additional fact of interest is the total of the crop which was in sight on February 1, compared with previous years. W e reach that point by adding to the above the stock remaining at that date at the interior towns, less stock held by them at the beginning of the season. In this manner we find the result for three years on February 1 to be as follows : 1886-7. 1885-6. 1884-5. Total marketed, as a b o v e .. ..bales. 5,177,699 Interior stocks in exoess o f Sept. 1. ' 300,000 4,861,230 459,000 4,724,440 263,000 5,477,699 5,320,230 4,987,440 1883-4. 1885-6. 1884-5. September............ October................. Novem ber.......... Deoem ber............ January............... 434,838 1,332,901 1,579,539 1,467,767 662,654 485,552 1,360,870 1,443.433 1,488,582 541,793 413,836 1,309.111 1,390,902 1,360,404 513,187 450,047 1,325,716 1,317,773 1,264,816 453,985 Total 5 months. 5,477.699 5,320,230 4,987,440 4,812.337 Months. 1886-7. • WEIGHT OF BALES. To furnish a more exact measure of the receipts up to February 1, we give below our usual table of the weight of bales. W e give for comparison the figures for the same time in the previous two years. __________ Five Months ending Feb. 1 1887. Same | Same p eri’d in peri’d in 1885-6. 1884-5. Average Average Average Weight. Weight. Weight. Weight in Pounds. Number o f Bales. 616,700 T e x a s ................ Louisiana.......... 1,393,158 189,243 A labam a.......... 762,914 Georgia*............ 366,028 South Carolina. 722,394 V ir g in ia ........ 130,748 North Carolina. 966,514 Tennessee, & o.. 333,697,200 674,288,472 93,675,235 364,764,442 172,033,160 344.870,896 61,176,939 484,619,785 T otal........... 5,177,693 * Including Florida. 517-95 484-15 50700 43900 477-25 475-70 46800 491-67 51500 475-00 498-00 469-34 468-00 469-50 46510 495-83 438 46 489-36 480-23 516-00 48400 49500 478-12 470-00 477-40 467-90 501-41 2.529,126,229 It will be noticed that the movement up to February 1 shows a decrease in the average weight as compared with the same period of last year, the average this year being 488-46 Ids. per bale, against 489-36 lbs. per bale for the same time in 1885 and 480-23 lbs. in 1884. THE COTTON GOODS TRADE IN JANUARY. The market - for staple cotton goods opened quiet, but there was a marked improvement in the demand towards the middle of the month, from which timi until the close a fairly satisfactory business was transacted by commission merchants and leading jobbers. Prices of plain and colored cottons remain very firm because of the limited stocks on hand, and various makes of brown cottons, corset jeans, wide sheetings, &c., have been slightly advanced by the mill agents without materially checking their sale. Print cloths were in liberal demand, and a substantial advance in prices was established in the latter part of the month. JAN. 2 3 ................ Oott’n P rint ing low mid cloths, dling. 64x64 Sheet Oott’n Print Sheet ings, ing ings, low stand m id cloths, stand ard. dling. 64x64 ard. i i ............... 1 2 ............... 13 14 15 ............ 19 . 20 .. 21 .............. 2 2 ............... 23 7 9110 91l6 9118 9 9 9 9 9 9 3-38 3 33 3 33 3-38 3-38 3-38 7 3-38 5 ............... 6 ............... 7 ............... 8 ............... 9 3-38 3-38 3-38 3-38 3-33 3-38 7 7 7 7 7 7 9 91i4 9 9 9 9 3-38 3-39 3-44 3 44 9 3-44 1885. 1836. 1887. 48,865 ' The above indicates that Northern spinners had up to February 1 taken 1,140,897 bales, a decrease from the cor responding period in 1885-86 of 48,865 bales and an in crease over the same time in 1884-85 of 174,925 bales. Total in sight....... ......... 167 THE CHRONICLE 5, 1887.] 7 7 7 7 7 7 7 7 7 7 7 7 7 7 H’day 3 1 3 ' 6% ... 8 . . . . . . .. 6% 813 iß 3-13 813le 3 1 3 6% 3-13 6% 8% 6% 3-19 8% 319 6% 8% 81316 3-20 6% 3 25 3-25 3-23 325 3-25 3-25 ...S ... 878 3-25 3-25 S78 3-25 878 3-25 878 81316 3-25 813i6 3-31 6% 6% 6% 834 8% 8% 8% 8% 8% 6% 6% 6% 6% 6% 6% 813jß 87a 87s 878 878 878 3-31 3-38 3-38 3-38 3-38 3-38 ,..S ... 6% 6% 6h 6% 6% 63 4 e% 63 4 6% Oott’n Print Sheet ings, low ing mid cloths, stand 64x64 ard. dling. H’day 101316 3 1 3 I 0 l3,6 3 1 9 7% 7% 1013t6 1013,6 LOl310 L013i, 1013,6 1013,6 7% 7% 7% 7% 7% 7% 10 % 10 % 10% 10 % 10 % 10 % 319 319 319 3-19 319 317 . S ... 317 3-17 317 3 17 3-17 317 10% 10% 10U-16 10% I013,e L078 3 16 316 316 312 312 312 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 3-50 1015,6 3 1 2 26 ............ 9 7% 311 10 78 3-50 27 9 1015,6 3 1 1 7% 3-50 28 ............ 9 1015,6 3 1 1 7% 3-50 2 9 .............. 9 3-11 1 0 7s 7% 30 10 3,6 3 1 1 7% 7 3 1 ............... 815.« 3-50 The above prices are—For cotton, low m iddling upland at |New York for printing cloths, manufacturers’ prices; for sheetings, agents’ prices w hich are subject to an average discount o f 5 p ercen t. THE CHRONICLE. 168 [V ol. XLIV, STATISTICAL SUMMARY ON OR ABOUT FEB. 1, 1885, 1886 AND 1887. F IN A N C IA L R E V I E W O F J A N U A R Y . The month of January witnessed a desultory and 1885. 1886. 1887. unsettled business at the Stock Exchange. The pendency New York Oily B a n k s— Loans and discounts............... $ 293,746,700 337.934,700 353,051,000 of the Inter-State Commerce bill in Congress and its Spe>ie........................ .................. S 101,732,000 100,212,700 92,851,606 Cir lation............................... $ 11,285,300 9,599,600 7,825,000 remaining unsigned by the President during all the latter Net deposits............................. $ 352,343,300 389,954,700 382,961,800 Legal tenders.......................... $ 40,224,800 33,432,400 25,187,300 part of the month had a depressing effect. Legal reserve........................... $ 88.085,825 97,488,675 95,740,450 Reserve held........................... $ 141,956,900 133,645,100 118.039,900 From Europe came threatenings of war between France Surplus reserve....................... $ 53,870,975 36,156,425 22,293,450 and Germany, never very imminent, but still sufficient to Money, Exchange, Silver — affect the foreign markets and through them to influence C alf loans.................................... %®1 1® 2 3® 4% Prime paper, sixty days.......... 4@ 5 3% ® 4 4% ® 5 ours. S ilv er in London, per o z .......... 49%fd. 47d. 46% Prime sterling bills, 60 days.. 4 84% 4 88 4 86 The strike of the coal-handlers in Jersey City caused United States Bonds — 3s, registered, option U. 8 ___ 101% 1C0% 100 an advance in the price of coal, and the strike of the 6s, currency, 1898..................... 131 135% 134% 4%s, 1891, coupon.................... 112% 112% 110% freight-handlers on the steamship docks and at some of 4s of 1907, coupon................... 121% 124 128% Railroad Stocks— the railroad terminals put a check on business at those 87% New York Central & Hud. Riv. 105% 111 12% Erie (N. Y. L. E . & W .) .......... 24% 30% points and seriously impeded the shipments of produce. 61% Lake Shore A Mieh. Southern. 85% 91% 55 Michigan Central...................... 73 86% The money market was fairly supplied with funds Chicago R ock Island & Pacific 108% 127% 125% 122% Illinois Central.......................... 140% 132% throughout the month, and stock-brokers usually paid Chicago & Northwestern, com. 89% 108 1 11 % Chicago Milw. & St. Paul, com. 71% 92% 87 3@5 per cent for call-loans. Delaware Lack. & Western . . . 8 8% 119% 133% 32% Central of New Jersey .............. 45% 64% A t the Stock Exchange business was dull, and when Merchandise— 93,a Cotton, Middl’g U plands.$ Tb. 11% 97is ever there was any activity it appeared mainly the W ool, American X X .........$ So. 33® 35 36 35 ®36 dealings in special stocks which were under clique or syndi Iron, Amer. pig, No. 1 . . $ ton. 18 003>13 50 18 00® 18 50 21 00® 22 OO Steel rails at m ills ...................... 27 00 34 00® 34 50 39 00® 40 00 cate manipulation. The important negotiation perfected Wheat, No. 2 red w m .f bush 91% 92% 93 C om , West. mix.No. 2 . $ bush. 49% ® 50 49% 48% between the Richmond Terminal parties and the East Pork, mess ......................... 38 bbl. 13 2 5 » 13 50 1037% -1100 12 7 5 Petroleum -pipe line certiflc s 69 82% 69 Tennessee Virginia & Georgia for control of the latter The following table will show the lowest, highest and road was referred to in the C h r o n i c l e , p. 119. This transaction led to activity in these stocks and caused some closing prices of railway and miscellaneous stocks at the depression in Norfolk & "Western. New York & New N. Y . Stock Exchange during the mouths of December, England was bought heavily in the latter part of the 1886, and January, 1887. RANGE OP STOCKS IN DECEMBER AND JANUARY. month and the price was strong; the general cause ,-------- D ecem ber.------— ,--------- J a n u a r y -------- , , alleged was the alliance with the Manhattan parties and Closing Low- High- Clos'g Low- High- Closing R a il r o a d s . N ov. 30. est. est. Dec. 3 i . est. est. Jan. a i the through line project. A lbany & 8 u s q .................................. 134 134 Atohi80nTop.dc 8. Fe 98% 98% 06% The Nickle-Flate decision was given on Jan. 3, against Atlantic & P a cific... 97% 94 12*3 9% 13 11 12 % 11% 11% Bost.& N.Y.Air JL pt. . 101 10 1% 101 1 0 1 % *10 1 the validity of the first mortgage bonds and in favor of Buff. Roch. & Pittsb. *101 30% 3 He 35*2 *34 33% 35% 34 50 50 the seconds; subsequently the terms of a proposed settle Burl. Cedar R. A N o.............. 54% 55 Canadian P a cific. . . . 69% 65 69% 62% 68% 62% 71% 63% 63% 55 55 ment became common talk by which the stocks would be Canada Southern___ 65 % 56% Cedar Falls & Minn. 17 15 18 16% 19 *15 14% 14 15% t l5 assessed and reduced in amount and a new guaranteed 4 Central Iow a ............ 12% 12% Central of N. Jersey. 52% 48% 55% 55% 68% 65 56% per cent bond would be issued; but nothing definite was Central P a c ific ......... 49 40 51 43% 43% 35% 36% ÔO Chari. Ool.& A u g .... 50 45 accomplished. 10 % *8 % Ches. & O h io ............. 9% 8% 8% 9% *8% Do ls t p r e f. 19 153s 17% 15% 17 19% 15% The Fitchburg Railroad purchased the Hoosac Tunnel Do 2d pref. 11 9% 12 % 10 9% 1 1 % *10 Chiciuro & A lton ..................... 142 144 143 144 of the State of Massachu setts and prepared to consolidate. . 150 Do pref. 150 155 155 Chic. B url.A Quincy. §138 133% 138 A master’s report was rendered in favor of the Missouri Ohio. Mil. A St. Paul. 93% 873a 96% 137% 136% 138% 137% 90% 91 87% 87% pref. 120 117 12 0 % *117% 117% 118% 117% K ansas & Texas income mortgage bond-scrip holders on Chic. D oN orthw est... 119% §110 & 120% §115% 1 1 1 115 111% Do pref. 140% §138% 142 §140 138% 140% *138 the ir claim for payment in cash. 127% 126% 125 Chic. & Rook Island.. *127 124 126% 125% St. 17 15 18% 16% 16% 18% 17 Foreign exchange ruled firm. The imports of gold Chic. D o L. A P ittsb. 40 p ref. 35% 43 39 35 40% *34 St.P. 53 42% 54% 48% 46% 51% 46% ceased after the first ten days of the month ; exports of Chic. D o Minn.A O. 114% §109 pref. 115% §109 106% 109% ‘ 106% 130 .... 130 130 130 155 grain and other produce were checked by the strike ; and Cin. Ham. & Dayton 93% cm . Ind. St. L. & Ch.............. 90 95 93% 98 52 52 the war rumors in Europe caused the selling of all securi. Cin. Sand. & C leve................ 43 Cm. Wash. & B a lt ... 6% 5% 6% 6% *5% 5% 7 Do pref. 11 8 11% 10 10 % 8% *8% ties, including Americans. The Bank of England rate Clev. Col. Cm. A Ind. 72% 60 74% 64% 60% 65% 60% remained at 5 per cent throughout the month. Clev. & Pittsb., guar........................... 149 151% January. 1 § oo£ ■ o f 1 ^ CLOSING PRICES OP GOVERNMENT SECURITIES IN JANUARY. 1887. 3s, 6s, 4 8, opt’n 1907, V. S. Our., 1898, coup. reg. reg. 1 ............. . Holi d a y .. 2 .............. 3 .............. 110% x27% X___ 4 .............. 127% 5 .............. 6 .............. 127% 1003a 7 ........................................ n ò ......... 8 .................... no i.26% 9 .............. 1 0 .............. 1103<J 1 1 .............. 127 % 132% 1 2 .............. 110% 132%! 13 .................... ----110% 14 .................... 15 .................... 127% 1 6 ............... 1 7 _______ 127% 1 8 ............... 110% January. 19.............. 127% 2 0 .......... 127% 2 1 .............. 110% 2 2 ... ft 23 . .. 24 .................... 128% i"io% 25 .................... ......... ......... 26 .................... 110% 123% 27 .................... 110% 28 .................... 110% 128% 29 .................... ......... . . . . . . 30 .................... 3 1 .............. 1103s 128% 110% 110% 109% Clos............ 110% H igh 132%! 3s, 6s, 4%s, 4 1891, 1907, opt’n Our., coup. coup. TL 8. 1898, reg. reg. x27% xOO% 128%! 100% 126% 100% 123% 100% 132% 132% 132% 132% The following summary shows the condition of the Mew Y ork City Clearing-House banks, rates of foreign exchange and prices of leading securities and articles of merchan dise, about the 1st of February, 1885, 1886 and 1 887. Col. A Greenv., p ref.............. 55 Col. Hock.Val. & Tol. 41% 28% Del. Laok. A West’m . 14138 130 Den. & R . G., ass. pd. 31% 25% Do pref. 62 53% Denver & Rio G r.W ............ ............... Dubuque & Sioux C................ 78 E. Tenu.Va.A Ga. R y 14% 13% Do 1st pref. 77 71 Do 2d pref. 31% 24 Eliz. L ex. & Big 8 .............. 15 Evansville & T. H .. . *87 79 Ft.W orth & D env. C.............. 20% Green B. Win.& St. P. 11% 10% Harlem..................................... 220 Houst. A Tex. Cent............... 38% Illinois C entral...................... 130 Do L’sed Line 4 p .c ......... 94% Indiana Bl. A W ....... 17% 15% Joliet A C h ica g o ................... 150 Keokuk & Des M ................... 11 Do pref. 33% 38 Lake Erie A W est................... 11 Do ass’tp d . 15% 15% Lake S hore................. 98% 90% Long Is la n d .............. 96% 92% Louisville & N ashv..« 63% 58 Louisv. N. A . & Chic. 67 00% Manhattan, con sol... 163 153% Manhattan Beach Co.......... . 13% Memphis & Cha’ston. 55 44% M exican C entral................... 1338 Michigan C en tra l.... 96 88 Milw. L. Sh. & West. t63 63 Do pref. 95% 93% Prices bid. ( Prices asked 58 43% 144 35% 63% 37% 136% 28% 61% 34 133 24 56% 20 39% 138 28% 66 23% 35 133% 24% 60% 10 1 18% 13% 17 13% 16% 72 79% 82% 72 83% 35% 23% 31% 32 23% 20 20 18 18 88 88 86% 89 25 22% 25% 25 143s 13% 12 13% *12 225 44% *43 42 45 Ì3 3 134 133 132% 135 96% 96 95 203g 15 17 14% 17% 150 ...... 14 16 14 _... 36 33 36 11 20 % 1003s 92 9t>% 91 96% *94 95 97% 93 61 663g 69 60% 67% 60 71 63 65% 58 165% §153% 154 158% 155% 15% 15% 1 7% 16 16 60 59 51 63% 58 14 1 3% 13% 93% 98% 93% 87 86 71% *65 7(>% t71 66 % 103 §98% 100% t io o 98 § Ex-dividend. IT Ex-rights. F ebruary .------- December.-------Closing Low- High- Olos'g est. Dec. 31. est. R a il r o a d s . 42% 40 M ilw aukee A N o r... 22% *19% 17% 22 M inneapolis A St. L.. 44 51% 40 48% Do prêt. 33% 38 37% 28 Mo. Kana. & Texas .. 116% §108% 115% §103% 18 19% 14 19% 142% _____ . 138 Morris A E sse x ......... 67% 105% 88 93 Nashv. Cliatt. A St. L. N. Y. Cent. & Hud. R. 114% 108% 117% §113% 14% 16% 12 14% N.Y.Chlc. & St-Louis. 28 31 23% 28% Do pref* 101% 107% jr.Y. Lack. & W e s t.. 34% 38% 31% 37% N. Y. Lake Erie A W. 73 78% 70 77 Do pref. 55 66 44 60% N. Y. A New EngPd. 1ŸT__ 220 220 N. Y. N. H. & H artf’rd 20 22% 17% 21% N. Y. Ontario A W . . . 12 12% 9% N. Y. Susq.. A W e st.. 9% 33 33% 26% 26% Do p r e f... 22% 27% 18% 20 Norfolk & W estern.. 52% 59% 42 51% Do p r e f... 27% 31% 26 28% 66% 61% 58 63% Do pref. 29% 34% 25 33% Ohio & M ississippi... 91 91 Do pref. 21% 16 20 Ohio Southern.......... 30 35% 25 32% Oregon Short Line .. 33% 33 29% 36 Oregon & Trans-Con. 34% 31% 26% 33 Peo. Decat. & E ’ville. 36% 30 50% Fhila. A R e a d in g .... 144% 148 Plttsb.Ft.W.&C.guar. 170 169 Rensselaer A Sar....... 12% flO Rlch.& Al. st’k. tr. ot. 15 5 1 86 Richmond & Danville í 72% T 12% fiiohmond& W estPt. 68% 1T30 81 81 79 Do p ref. 4 3% Rochester A P ittsb.. 95 96 90 95 Rome Water. A Ogd.. 25 25 37% 31 83 83 35 26 70% 59 117% 112 63% 54 112 106 118% 113 1 410 17 17% 15 17 39% 36 37% 25 21% 24% 19 27% 38% St. L. A lton A T. H .. Do pref. Bt. L. A S. Francisco. *32 69% Do pref. Do 1st pref. *114 62% Do pref. 112 Bt. Paul Minn. & Man 119 South Carolina R R .. Southern Pacido Co.. Texas &PaciUc......... Do Trust rec’ ts Do 1st asst, pd T o!. & Ohio C e n t.... Do pref. 20 105% 30% 65% 51 210 17 11% 31% 18 45 23% 56% 23% 19 29 29% 30% 36 145 170 8 40 75 4 86 30% 33% 36% 145 42% 79% ...... 23% 22% »31 35 80 180 33 63 67% 117% §112% 61% 58 108% 108% 117 16% 30% 24% 41% Ì221* 67% 122% 79% 58% 56% 19 35 13% 26% 96 71 75% Telegraph. 58% 62 42 13% 25% 19% 35% 17 36% 21% 24% 26% 76 .......... 22% .......... 71% E xpress. 144 139% 144 136% 140 *137 *135 110 108% 107 110 *107 106 *107 63 64% 62% *60 65 61 63% United States............ 126% 129% *127 130 *129 129 Wells, Fargo & Co— *129 Co a l a n o M inin G. 49% 46% 39% 43% 43% 25 26*8 Camer. Iron A Coal. 36% 40% 40 35% 41% 33% 39 Colorado Coal & Iron 28 28 Consolidation Coal.. IS 13 16 13 11 Homestane M ining.. 14 17 14 17% 17% M ainland Coal......... 62% 61 02% 62% 70% N. Y . A Perry C oal.. 14% 18 14 18% 18 N ew Central C o a l... 25% 22 22 23% Ontario Silver Min .. Quicksilver M in in g. Do pref. Tenn. Coal A I r o n ... *6 *24 104 9 6 28% 24% 1137% 118 7% 28% 1144% 7% 28 44 8% 33% 54% *6 *30% 46 * Prices bid. t Prices asked. § E x-dividend. H Ex-rights BANKERS’ STERLING EXCHANGE (POSTED RATES) POE JANUARY, 1887 Nov. 60 days. Le ttland. d a y ___ 1 3 .... 1 4 .... 4 85-5% 1 5 .... 4 85-5% 1 6 .... 4 85-5% 1 7 .... 18 4 81% 4 85% 19’. ” ! 4 81% 2 4 85%-6 2 0 .... .........S. 2 1 .... 4 82-% 4 86-% |22.... 4. 83 2 3 ___ 4 87 J24— 4 83 4 87 1 . . . . ....H o li 2 . . . . .........S. 3 . . . . 4 81-% 4 . . . . 4 81-% 5 . . . . 4 81-% 7 .... 8 .... 9 .... 1 0 .... IX 12.11! Nov. 60 days. 4 83 4 83 4 83-% . . . . . . 8. 4 83% 4. 4 83% 4 83% 4 83% 4 83% ......... s. 4 84% D e mand. Nov. 60 days. 4 87 2 5 .... 4 84%-5 2 6 .... 4 84%-5 4 87 4 85 4 87-% 2 7 .... ........ 2 8 .... 4 85 4 87% 2 9 .... 4 85-% 4 87% 30___ ...........8 4 87% 3 1 .... 4 85%-6 4 87% 4 87% 4 87% R ’nge — Low. 4 81 High 4 86 4 83-% De mand. 4 88% 4 88-% 4 88% 4 83% 4 b8%-l 4 89 4 85 4 89 U N ITE D STA TE S T R E A S U R Y ST A TE M E N T. T h e fo llo w in g sta te m e n t fo r D e ce m b e r, fr o m 268,12^,018 *.24,701,409 27,485,804 Total gold ........... (Asset) 274.140,469 Certificates issued...... 184,508,739 Certificates on hand ... 18,843,632 Certiflc’s, net.(IAdbility) 105,665,107 Net gold in treasury ILVER—Dollars,stand’rd 193,963,783 4,377,039 Bullion...................... Total silver......... (Asset) 198,840,822 Certificates issued...... 125,058,102 8,737,388 Certificates on hand... Certiflc’s, net.(Lidbility) 118,315,714 Net silver in treas’y U. States notes....(Asset) 38,003,682 8,820,000 Certificates issued...... 190,000 Certificates on hand... Certiflc’s, net.(Lidbilitv) 8,720,000 Net U.S.notes in treas 'ational Bank notes. .. Deposits in Nat. Banks 97,215,605 168,475,365 193.245,615 124,535,102 7,338,482 117,216,670 80,525,108 200,000 24,283,682 296.409 19,053,660 23,169,826 227,065 18,183,923 33,412,645 33,993,950 B a l a n c e s . .(L ia b ilit y ) 2 6 1 ,8 5 4 ,1 7 0 2 4 6 ,2 4 5 ,0 3 8 N et b a la n c e !..-!A s s e t ) Assets not available— Minor coin ................... Subsidiary sliver coin. 2 7 , 7 8 0 ,0 5 1 4 2 ,1 0 6 ,6 3 4 N et............ (Liability) 106,903 26,323,525 54,210,479 Aggregate net Asset...... 131,422 25,660,935 67,988,991 TH E D E B T S T A T E M E N T FO R J A N U A R Y , 1887INTEREST-BEARIN G DEBT. Amount Outstanding. Character of Isstie. P ’y ’ble 8s........ Option. 4%s......... 1891. 4s!........... 1907. is refdg.certfs. 3s, pension ... Pacific R R s ... Q .-F . Q —M. Q.—J. Q .-J . J.& J. J.& J. Registered. Coupon. 1 $ 63,033,000 46,180,150 203,819.850 616,679,300 121,107,300 Total. Int. Due Accrued < Unpaid. Interest. fc $ $ $ 63,023,000 5,206 472,672 250,000,000 878,577 1,875,000 737,786,600 1,573,298 2,459,288 621 183,350 57,768 35,000 14,000,000 420,000 823,117 *64,623,512 59,519 *64,623,512 948,145,662 167,287,450 1,129,619,462 2,494,370 5,165,699 Aggregate. *2 362,000 mature Jan. 16,1895; $640,000 Nov. 1.1895; $3,680,000 Jan. 1,1896 ; $4,320,000 Feb. 1,1898; $9,712,000 Jan. 1,1897; $29,904,952 Jan. 1,1898; $14,004,560 Jan. 1« 1899. DEBT ON W H ICH INTEREST H A S CEASED SINCE M A T U R IT Y . Aggregate o f debt on which Interest has ceased since maturity Is $7,310,325 ; interest due and unpaid thereon, $203.787. This debt consists o f a number o f small items o f which the principal amounts are called bonds, the largest items being $5,160,900 called 3 per cents o f the loan o f July, 1882, and $401,600 called consol 6s o f 1867. DEBT BEARING NO INTEREST. Amount. _ . Less amount held in Treasurer’s cash............... t h e o ffic e o f Less amount held in Treasurer’s cash................. Less amount held in Treasurer’s oa sh ................ t e n d e n t s o f m in t s a n d a s s a y o ffic e s , a n d s h o w s t h e c o n d it io n o f t h e U n it e d S t a t e s T r e a s u r y J a n u a r y 31]; w e g i v e t h e fig u r e s Less amount estimated as lost or destroyed...* 6,510,000 34,001,530 2,580 T otal............ (Liability) 33,561,142 118,497 Int.ou D.Col.bds pd (Asset) I t is b a s e d u p o n t h e a c t u a l f o r D e c e m b e r 31 f o r c o m p a r is o n : 75,998,945 29,679,328 6,710,000 r e t u r n s f r o m A s s is t a n t T r e a s u r e r s , d e p o s ita r ie s a n d s u p e r in t h e T r e a s u r e r , h a s b e e n is s u e d . 170,912,413 188,506,238 4,739,877 2 8 8 , 4 4 1 ,6 7 2 ‘¿ 0 2 , 6 3 4 , 2 2 1 B a la n c e s ... .(A sset) Pu b l ic D ebt a n d I n t .— 1,021,171 2,434,851 Interest due,unpaid.... 8,846,714 Accrued Interest............ 4,842,582 8,874,855 7,310,825 Matured d ebt................ 211,837 208,78" Inter’t on matured debt Called bMs not matur’d 23,056,420 and balance o f In t.... 5,377 3.500 Debt bearing no inter’st Int. on Pao. R R. bonds 32,130 59,520 due, unpaid................. 1,988,705 323,118 A co’d Int., Pac. R R. b ’ds 8J.930.2S9 Debt and Int.(Liability) 38,284,103 5,433 8.500 Fract’l cur’cy redeemed 6,095,196 136,372 lnt.oh’cks & coupons p’d 6,100,628 139,872 Debt and inter’st.(Asset) 14,829,661 38,094,231 D’bt&int.net(Z/£ab'iliti/) 10 0,000,000 Res’ve for red. U.S. notes. iòo,boo,*oòó Fund held fo r redemp. o f 90,509,783 notes o f Nat. B an ks.... 89,049,115 Fund held fo r redemp. o f 92,499 90,979 Nat. gold bank n o te s... Five p. c. f ’nd for redemp 9,599,415 8,487,113 o f Nat. Bank notes...... 200,201,697' Redemp.res’r. (Liability) 197,627,207 Nat. Bank notes in pro 2,785,870 cess o f redem p.. .(Asset) 4,399,913 197,416,427 193,317,294 Net res’rves.(Liat>iiiti/) 4,752,084 4,767,621 Post Office dep’t account. 23,318,597 Disburs’g Officers’ bal’ces. 21,144,695 Undistrib’d ass’ts o f fail’d 781,111 863,326 National banks... Currency and minor coin 8,315 12 ,0 1 redemption accou nt... Fractional sliver coin re 25,515 14,440 demption account...... . Redemption and exch’ge 695,395 493,911 account........................... Treasurer’s transf’rc h ’ks 4,045,218 5,700,289 and drafts outstanding Treasurer U. 8., agent for 375,295 575,838 paying int. on D.Col.bds V a r io u s . 60 60 84% 86% 80% 79 82 76 Consolidated Gas Co. §79 98% 106% 103% 101% 104% 101% Del. & Hud. C an al... §104% 122 130 Joliet Steel Co........................ 123 131 170 N. Y . & Texas Land................................................— 170 47 Oregon Improv. C o.. 44% 37 51 44% 40 97% 97% 104% Oreg’n R ’y & Nav.Co. 106% §98 107% §104 53% 50 48% Pacific M ail............... 54% 45% 57 51 114% 110 109 Philadelphia C o ..... 120% 105 123 110 139% 147% 140% Pullman Palace Car. 141% 135% 143% 140 Balances. 189,122.088 85,018,481 Go ld —Coin. Bullion .... 17% 11% 32% 19% 45% 26% 56% 23% 95 20% 37% Assets and Liabilities. .... . 57 55% 35 24% 38% Cen. & So. Am. T e l.. S3 87% 4 95 *17% 42 28% 105% 15% 140 182 111% 10 20 105% 30% 66% 56% 16 35 20 21% 22% *36 61 61% 38% 56% 57% 39 65% 46 21 31 34% 35% 42% 148 170 10% 9% 36% 35 60% 63% 03% 20 43% 33% 109% 19% 140% 88% 114% 15 28 107 34% 73% 57% 220 20% 12% 34% 23% 54 28 61% 29% 18 42 28% 105 15% 139% 81 111% D ecem ber 8 1 , 1S86. JANUARY 81, 1887. ------- Jdnuary— • —. Low- High- Closing est. est. Jan. 31. 22% 30 80 20 31% 63 65 114% §112 55% 58 *100% 107 113% 116 78% Virginia Midland___ Wab. St. L. dsPac— Pur. Com. recp ts.. Do p re f.. 169 THE CHRONICLE. 5, 1887. J Aggregate o f debt bearing no interest................ $57,325 846,681,016 8,820,000 100,000— 8,720,000 121,508,739 18,843,632— 105,665,107 125,053,102 6,737,388— 118,315,714 15,326,910 8,375,934— 6,950,976 ’$386,390,133 170 THE CHRONICLE. RECAPITULATION. Principal. Interest. Interest-!) earing d e b t t $ 4348.......................................... 250,000,000 787,780,600 8b........................................ 68,023,000 Refunding cert ificates, 4s. . 186,350 Navy Pension fund, 8s...... 14,000,000 Pacific HU. bonds, 6 p. e t ... 64,623,512—1,129,619,462 Debt on which int. has ceased 7,310,325 Debt bearing no Interest— Legal tender notes, A c........ 846,788,841 Certificates o f deposit........ 8,720,000 Gold certificates................ 105,605,107 118,815,714 Fractional currency............ 6,950,976— 586,390,138 $ c o ln s h ir e c o m p a n ie s — b u t in m o s t c a s e s a n e x t r a p r o fit o v e r t h e c o r r e s p o n d in g p e r io d o f th e p r e v io u s y e a r h a s been s e c u r e d . T h is p r o fit h a s n o t b e e n o b t a in e d s o m u c h fr o m an 7,660,070 1,187,279,532 203,787 7,514,112 in c r e a s e in r e v e n u e a s i t h a s f r o m a c u r t a ilm e n t in w o r k in g exp en ses. D u r in g 1886 t h e r a i l w a y c o m p a n ie s h a v e h a d th e a d v a n t a g e o f lo w p r ic e s f o r m a t e r ia ls . T h e y w e r e th e r e fo r e e n a b le d t o m a in t a in th e e ff ic ie n c y o f t h e r o a d a n d r o llin g s t o c k a t a s m a lle r e x p e n d it u r e t h a n w a s p o s s ib le d u r in g th e le s t s i x 586,890,188 Total d e b t ......................... 1,728,819,925 7,863,858 1.731,183.784 Less cash Items available fo r reduction o f the debt. .. .$2 7 0 ,9 3 4 ,9 2 4 Less reserve held for redemption o f U. S. notes........... 100,000,000 $370,934,924 Total debt, less available cash item s................. 1,800,248,859 Net cash In the Treasury......... 27,780,050 Debt, less cash in the Treasury, Feb. 1,1887............... Debt, less cash In the Treasury, Jan. 1, 1887....... 1,841,934,495 Decrease o f debt during the m onth....... 9,515,087 Decrease o f debt since June 80,1886... 56,667,574 R A IL R O A D re v e n u e fro m t h e p a s s e n g e r t r a f fic — t h e o n l y e x c e p tio n s b e in g t h e N o r t h e a s t e r n , a n d t h e M a n c h e s t e r S h e ffie ld & L in Total. t E ARN IN GS. iVOL. X L V . m o n t h s o f 1885. And t h e d if fe r e n c e d iv id e d a m o n g s t t h e s h a r e h o ld e r s in den ds. w i l l n o w be th e s h a p e o f e x t r a d iv i B u t w h i ls t r a i l w a y s h a r e h o ld e r s h a v e , s o f a r , c a u s e to be p le a s e d w i t h t h e r e s u lt s o f t h e p a s t h a lf - y e a r , w e h a v e y e t to d is c o v e r h o w t h e h e a v y t r u n k lin e s t r a v e r s in g t h e m a in a r t e r ie s o f t r a d e h a v e f a r e d . T h e r a t e s f o r p a s s e n g e r tr a ffic h a v e b e e n m a in ta in e d , b u t in t h e p r in c ip a l m a n u f a c t u r in g c e n t r e s it h a s b e e n fo u n d n e c e s s a r y t o r e - a r r a n g e t a r if fs , a n d a la r g e r q u a n t i t y o f g o o i s h a s t h e r e fo r e h a d t o b e c a r r ie d fo r t h e s a m e m o n e y , n e c e s s it a t in g a p r o p o r t io n a t e ly h e a v ie r o u t l a y f o r h a u la g e . B e a r in g t h is in m in d , it is r a t h e r h a z a r d o u s F o r th e m o n t h o f J a n u a r y t w e n t y - s i x r o a d s h a v e t h u s f a r r e p o r t e d t h e i r e a r n in g s , a n d w it h o u t a n e x c e p t io n t h e y a lj to e s t im a t e th e f o r t h c o m in g d iv id e n d s o n s u c h lin e s as t h e M id la n d , N o r t h w e s t e r n a n d G r e a t W e s t e r n , a lt h o u g h t h e s h o w la r g e r a g g r e g a t e s t h a n l a t t e r c o m p a n y d e r iv e s c o n s id e r a b le r e v e n u e f r o m it s c o a c h in g t r a f fic ; b u t th e g e n e r a l o p in io n s e e m s to b e t h a t th e d iv id e n d s w i l l n o t b e d is a p p o in tin g . E v e n s h o u ld t h e y f a l l s h o r t o f a n Month o f January. a y e a r a g o , t h e t o t a l in c r e a s e 188 7 . 9 1 2 2 ,0 1 4 5 6,0 9 618 ,00 0 138 ,10 6 155 ,96 0 1 ,4 9 1 ,0 0 0 2 2 9 ,55 3 2 2 0 ,9 6 0 5 4 ),3 8 2 7 0 ,2 93 5 8 ,0 0 0 1 5 8 ,8 5 4 2 0 0 ,4 0 0 6 5 3 ,6 4 7 4 1 7 ,0 0 0 142 ,88 5 2 3 6 ,0 1 5 39,3 59 Í 6 1 ,6 55 542 ,37 5 2 91 ,11 2 71,60i* 9 2 ,8 7 5 3 86 ,50 1 108 ,68 6 81,1 33 But. Koch. & Pittsburg.. Cairo Yin. & Ohio............ Canadian Pacific............ Chicago & A tlantic......... Chicago & East. Illinois. Chio. Mil. & St. P a u l___ Manhattan E lev a ted . . . . Cincinnati Ham. & Day. Cin. Ind. St. L. & O .... .J Denver & Rio G ran d e.... Det. Lansing & Northern Evansville <s Terre H ___ L ong Island.................... . Louisville N. O. & Texas M exican Central........ . Milwaukee L. S. & W est.. Mobile & Ohio................... N. Y. City & Northern ... Norfolk & W estern.......... Northern Paoifio............... Ohio & M ississippi........... Peoria D ec. & E va n sville St. Jos. & Grand Island. St. Louis & San. F ra n ... St. Paul & Duluth...........] Toledo & Ohio C entral.. .7 ,3 8 5 ,4 3 4 Net increase (18 *33 p. ot.) „ 1886. 1 17.115 35,4 76 500 ,35 8 106 ,39 8 1 35,883 1 ,4 4 5,17 4 2 0 0 ,6 6 9 1 95,995 4 04 ,90 3 6 5 ,7 7 0 9 1 ,1 7 7 1 53 ,03 3 1 59,748 581 ,57 3 3 1 6 ,8 7 5 9 7 ,0 79 1 8 4 ,2 6 3 3 4,0 35 2 0 0 ,8 5 7 4 8 0 ,3 3 0 2 7 4 ,1 8 0 54,9 21 5 3 ,3 59 2 8 2 ,6 0 7 5 7 ,1 22 52,0 02 6 ,2 4 0 ,9 0 2 ............. ' In crea se. 9 4 ,8 9 9 20,5 93 117 ,64 2 3 1,7 08 2 0 ,0 77 4 5 ,8 2 6 2 8 ,8 8 4 2 4 ,9 65 1 36 ,47 9 4,5 2 3 6,823 5,821 4 0 ,6 5 2 7 2,0 74 100 ,12 5 4 5 ,8 0 6 5 1 ,7 52 5 ,3 2 4 60,7 98 62,0 45 16,932 16,6 79 3 9 ,5 16 1 03,^94 5 1,5 64 29,1 31 D ecrease. 9 T h e im p r o v e m e n t in t h e ir o n t r a d e is b e c o m in g m o r e d e c id e d , a n d t h e s t e a d y a d v a n c e n o w t a k i n g p la c e in A m e r ic a w ill, i f p e r s is te d in m u c h lo n g e r , v e r y m a t e r ia lly s t im u la t e s h ip m e n ts f r o m th is sid e . P rev’ly re p ’ted (38 roads) Buff. N. Y. & Phila.......... Central I o w a ................. Cin. N. O. & Texas P a o .. Alabam a Great S o .. .. New Orleans & N. E__ Vicksburg & Meridian. Vicksburg Skrev. & Pac Cincinnati Rich. & Ft. W Cleveland Akron & Col.. East Tenn. V ». & G a____ Flint & Pere Marquette.. Grand Rapids & Ind___ Grand Trunk o f Canada.. Houston & Texas C ent... Kansas City Fort S. < G. fc Kansas City Spr. & Mem. Kansas C. Clin. & Spr___ Louisv. Evansv. & St. L .. Marquette Hough. & On. Memphis & C haneston... Minnesota < Northwest. & St. L. Alt. & T. H............... B r a n d ie s .......................... V alley o f Ohio................... Total (62 roads)......... Net increase (14-35 p, ct). 1887. 1886. „ 9 2 ,0 2 2,75 4 4 1 ,5 0 0 24,1 68 6 0,013 2 8 ,0 22 14,5 57 12,171 12,9 83 6 ,393 8 ,4 2 7 94,4 48 36,8 33 3 0,941 2 4 0 ,7 7 9 50,8 29 56,4 73 4 2 ,4 6 0 3 ,5 4 5 18,2 28 5 ,2 6 1 4 2 ,7 2 2 1 4.018 2 3 ,1 7 6 1 8 ,7 2 0 11,5 08 9 1 ,7 7 7 ,8 3 2 4 1 ,1 0 0 19,1 05 47,4 41 2 2 ,3 6 4 12,7 44 8 ,6 0 7 6 ,757 5 ,1 9 3 7,5 5 5 7 8 ,0 4 7 3 2,6 09 2 5,9 62 2 4 9 ,9 9 0 58,911 38,6 15 2 0,0 50 3,2 8 1 14,4 44 5,263 2 8,321 2,5 9 4 2 3,5 79 1 4,3 58 9 ,¿861 I 2 ,5 5 4 ,3 0 8 2 ,9 2 0 ,9 2 9 ............. ! it ie s is e x p e c t e d . A s a tis fa c to r y fe a tu re is th e i r p r ic e s r u l i n g f o r c e r e a l p r o d u c e , w h i c h , w h ile le n t in g th e p u r c h a s in g p o w e r o f t h e a g r i c u lt u r a l c o m ity , s h o u ld g i v e a s t r o n g e r to n e to t h e h o m e tr a d e . The 1 ,1 4 4,53 2 1 ,1 4 4 ,5 3 2 17,858 2 2 ,4 1 0 264 3 ,784 Do A . $ 3 0 ,4 8 2 414 ,80 1 366 ,62 1 b y t h e r e d u c t io n in t h e r a te s o f a llo w a n c e b y t h e d is c o u n t e s t a b lis h m e n t s o f % p e r c e n t a t th e q u o t a t io n b e in g n o w 3 p e r c e n t f o r m o n e y a t c a ll a n d 3 } ^ p e r c e n t i f w i t h n o t ic e . T h e jo in t - s t o c k b a n k s h a v e m a d e noc h a n g e . I t is c le a r t h a t f o r t h e m o m e n t a t le a s t th e r e is a 9,211 8 ,0 8 2 s u p e r a b u n d a n c e o f m o n e y l y i n g id le , o r, t o w r it e m o r e c o r r e c t l y , t h e u n e m p lo y e d b a la n c e s e x c e e d t h e im m e d ia t e d e m a n d , a n d s u c h b e in g t h e c a s e , r a t e s g a v e w a y . B u t t h a t th e r e is n o la r g e s u r p lu s o f m o n e y a v a ila b le s h o u ld a n y t h i n g lik e a n a c t iv e in q u ir y s p r in g u p , is c le a r f r o m t h e f a c t t h a t t h e t o t a l o f o t h e r d e p o s its a t t h e B a n k o f E n g l a n d i 3 a b o u t 14,401 11,4 24 4 ,3 6 2 1,922 H a lf-Y e a r en d ed A ctu a l r iv id e n d D ecem ber 31. f o r Year. /--- ■ ■ P e r C ent p e r A n n u m , . - .........v 1886. 1885. 1886. 188 5 . 2k 2 3k . 8 4% 6k 5k 4k 2k .. 8 8 *3 6 ). 4 3k 2 lk .. 8 7k 4 3k 4 4 4k 4k - 7*4 6k 5k 4k 3k . 6k 5k 6 6k T h e e a s y t e n d e n c y o f th e m o n e y m a r k e t h a3 b r e n s o m e w h a t e m p h a s iz e d d u r in g t h e w e e k 4 03 48,180 s a t is f a c t o r y o r o t h e r w is e t o t h e s p e c u la t iv e c o m m u n it y th e r e c a n b e n o q u e s tio n t h a t t h e r e s u lt s t o t h e in v e s t in g p u b lic a r e to th e Do A . In crea se. 9 2 7 5 ,4 0 4 400 5,0 6 3 1 2,5 72 5,658 1 ,813 3 ,5 6 4 6,2 2 6 1 ,2 0 0 8 72 16,401 4.; 9,9,4. 4 ,9 7 9 t o a la r g e r a se in e x p e n d it u r e . H o w e v e r , t h e p r o s p e c t is c o n s id e r e d it , a n d s u c h b e in g t h e c a s e a fir m m a r k e t f o r r a i lw a y fFrom our own correspondent.! L o n d o n , S a t u r d a y , J a n u a r y 22, 1887 W h e t h e r t h e r a i l w a y d iv id e n d s so f a r a n n o u n c e d h a v e b e e n Up A l l t h is , o f c o u r s e , p o in t s m e d u r in g t h e n e w y e a r , b u t a t t h e s a m e t im e t h e a d v a n c e in t h e v a lu e o f r a w m a t e r ia l w i l l m e a n a c o r r e s p o n d in g fjfctfttetars g©omttu rcial Jguglisli i^e u s e n c o u r a g in g . W h a t is t a k i n g p la c e in ir o n is a ls o o b s e r v a b le in c o t t o n a n d w o o l. C o m p le t e r e t u r n s f o r t h e th ir d w e e k o f t h e m o n th , e m b r a c i n g s i x t v - t w o r o a d s , s h o w e a r n in g s o f $2,920,929 t h is y e a r , a g a in s t $2,554,808 la s t y e a r , t h e in c r e a s e b e in g $866,621. o r 14 p e r c e n t. 3d week, o f January. t ic ip a t io n s , i t is h a r d ly p r o b a b le t h a t in t h e p re p e n t s t a t e o f th e s p e c u la t iv e a c c o u n t q u o t a t io n s w o u ld b e m u c h m o r e th a n t e m p o r a r ily a ffe c te d . W i t h t h e p r e s e n t t r a d e o u t lo o k , “ b e a r ” s e llin g o f E n g l is h r a i l w a y s w o u ld b e a v e r y r is k y p ro c e e d in g . p re s e n t th e a n n o u n ce m e n ts h a v e £4,000,000 le ss t h a n i t w a s a y e a r a g o . T h e a b s o r p t io n o f b a l a n c e s b y t h e r e v e n u e p a y m e n t s h a s n o t b e e n so r a p id a s w a s e x p e c t e d . T h e w e e k l y r e t u r n s h o w s t h a t t h e p o s itio n o f t h e le a d in g e s t a b lis h m e n t s h a s im p r o v e d . T h e r e s e r v e h a s g a in e d a s m u c h a s £827,548, t h e w h o le o f w h i c h , h o w e v e r , e x c e p t £65,000 r e c e iv e d f r o m a b r o a d in g o ld , h a s b e e n r e c o v e r e d fr o m t h e c o n t r a c t io n o f h o m e c ir c u la t io n e it h e r in t h e s h a p e o f n o t e s o r c o in . T h e p r o p o r tio n o f r e s o u r c e s t o lia b ilit ie s is a b o u t 3 % p e r c S n t b e t t e r t h a n la s t w e e k , n a m e ly 4 1 73, a g a in s t 38 00 p e r c e n t . T h e s t o c k o f b u llio n a t t h e p r e s e n t m o m e n t is £20,029,718, o r a b o u t £1,200,000 m o r e t h a n a t t h e e n d o f D e c e m b e r . T h is is a f a v o r a b le c h a n g e , b u t th e p r e s e n t t o t a l iss t ill a b o u t £950,000 b e lo w la s t y e a r . T h e r e s e r v e a m o u n t s t o b e e n m a i o l y f r o m th o s e s y s t e m s w h i c h d e r iv e t h e b u lk o f t h e i r ! £ 1 1 ,7 1 1 ,0 3 3 , b e in g a g a in o n t h e t h r e e w e e k s o f £578,000, b u t 171 T H E C H R O N IC LE . F e b r u a r y 5, 18 87,] f a llin g s h o r t o f la s t y e a r ’s t o t a l b y £689,000. T h e w a r l i k e r u m o r s c ir c u la t e d d u r in g t h e p a s t f e w d a y s r e s p e c t in g t h e £ 10 2 19s. w i l l r e c e iv e a b o u t 63 p e r c e n t o f t h e a m o u n t a p p lie d f o r , a n d th o s e a b o v e t h a t p r ic e in f u l l . T h e a v e r a g e p r ic e w a s p r e p a r a t io n s b y G e r m a n y , B e lg iu m a n d F r a n c e d o n o t p o in t to a n y e x t e n s io n in t h e d e m a n d f o r m o n e y . I f p e r s is te d in £ 10 2 19 s. 4 d . S T h e c h a n g e in t h e w e a t h e r is a f f e c t in g t h e c o n d it io n o f t h e fo r a n y le n g t h o f t im e , t h e y w i l l m u c h m o r e l i k e l y h a v e t h e w h e a t tr a d e . T h e f ir m t e n d e n c y h a s r e c e iv e d a c h e c k a n d t h e h o p e fu ln e s s r e s p e c t in g t h e f u t u r e h a s a b a te d . T h e I m e ffe c t o f li m i t i n g t h e in q u ir y , a s t h e t r a d e r e v iv a l, w h i c h is u n q u e s t io n a b ly b e c o m in g s t r o n g e r , w i l l c e r t a i n ly b e c h e c k e d * T h e r a t e s f o r m o n e y h a v e b e e n a s f o llo w s : Interest allowed for deposits by Open market rates. London Dec. " « Jan. " 17 24 31 7 14 “ 2 1 Troie Bille. Bank Bills. Joint Disc t W s Six Six Three Four Stock At 7 to 14 Three Four Months Months Months Months Month> Months Banks. Call. Days 4M® 4M® 4M® 394® SM <S 3M@ - 4 0 - 4 0 —4 @ - 3?á@ - 394® - 3)40 — 3%® — 3%® — 3940 - 3)4® - SM® - 3)4® - 4H&4H 4)4®434 4)4®4?4 1>4@5 4>é@5 4)405 4)4®4)4 4M®*M\4M®*M 4 44M 4 04)4 4 @4)4 SM&4M 39404)4 39404)4 S9i$4M 394®4(4l394®4)4 p o s sib le t h a t a p o r tio n o f t h e r e c o v e r y o f th e p a s t f e w w e e k s w i l l h a v e t o b e s u r r e n d e r e d . B u s in e s s t h is w e e k h a s m o s t ly b e e n a t a d e c lin e o f 6d, t o I s . p e r q r ., a n d t h e f a c t t h a t t h e fin is h is f la t se e m s to in d ic a t e t h a t t h e f u l l e x t e n t o f t h e r e la p s e h a s n o t y e t b e e n r e a c h e d . T h e q u a n t i t y o f w h e a t a n d flo u r o n p a s s a g e t o u s f r o m a ll p a r t s is n e a r ly 700,000 qrs« 3)4 394 394 394 394-394 m o r e t h a n la s t y e a r , a n d f r o m a c r o s s t h e A t l a n t i c s h ip m e n t s 3)4 3)4 3)4 3)4 3)4 3)4 3)6 394-394 3)4 394-394 3)4 394-394 3 3)4-3)4 T h e f o llo w in g r e t u r n s h o w s t h e p o s itio n o f t h e B a n k o f E n g la n d , t h e B a n k r a t e o f d is c o u n t , t h e p r ic e o f c o n s o ls , & c • 1887. Circulation, excluding 7-day and other bills........................................ Public deposits.................................. Other deposits................................... Government securities..................... Other securities................................. Reserve o f notes and coin .............. Coin and bullion .................... Reserve to liabilities...................... Bank r a t e .......................................... Consols............................................... Clearing-House return.................... p e r ia l w e e k ly a v e r a g e h a s g o n e a s h i g h a s 36s. 3 d ., b u t t h e r e a r e n o w r e a c t io n a r y S y m p to m s o b s e r v a b le , a n d i t is q u it e 1886. 1885. 1884. £ 24,008,685 4.189.856 23,717.053 15,181,805 19,099,000 11,711,033 20,029,718 41-73 p. c. 5 p. 0 . I00%d. 189,415,000 £ 24,803.630 3,649,060 27,624.389 15,946,615 20,968.599 12,400,050 20,953,690 39)4 P- c 3 p.c. lOOd. 126,633,00 £ 24,847,535 4,885,708 35,148,684 13,653,665 21,448,528 13,010,462 21,613,997 43)4 P- 0. 5 p. c. 99%d. 104,911,000 £ 24,750,430 5,497,381 24,649,291 14,454,835 21,080,710 12,650,624 21,657,054 4194 p. 0 . 8 p. c • 101)4d. 104,485,000 T h e B a n k r a t e o f d is c o u n t a n d o p e n m a r k e t r a t e s a t t h e o h ie f C o n t in e n t a l o it ie s n o w a n d f o r t h e p r e v io u s t h r e e w e e ) s h a v e b een as fo llo w s : j u s t n o w h a v e a t e n d e n c y t o in c r e a s e . S u c h b e in g t h e p o s i t io n o f a ffa ir s , t h e r e d o e s n o t s e e m t o b e a n y lik e lih o o d o f o u r m a r k e t b e in g a t a l l s p a r in g ly s u p p lie d , in s p it e o f t h e r e tio e n c e o f h o m e g r o w e r s in s e n d in g f o r w a r d t h e i r p r o d u o e . I t is e s t im a t e d t h a t t h e s a le s o f h o m e - g r o w n w h e a t a n d flo u r in t h e U n it e d K in g d o m d u r in g t h e t w e n t y w e e k s o f t h e s e a s o n h a v e f a lle n s h o r t o f th o s e f o r t h e c o r r e s p o n d in g p e r io d b y a b o u t 2,500,000 c w t s ., a n d o u r im p o r t d u r in g t h a t p e r io d h a s b e e n 1,200,000 c w t s . le ss, o w i n g e n t ir e ly t o t h e s m a lle r q u a n t it ie s o f w h e a t r e c e iv e d — in f a c t , w h ile w h e a t e x h ib it e d a lo s s o f 2,500,000 c w t s ., flo u r in c r e a s e d b y 1,216,000 c w t s . T h e I n d ia n R e v e n u e a n d A g r i c u l t u r a l D e p a r t m e n t h a v e is su e d th e f o lio w in g r e p o r t, u n d e r d a t e o f D e c. 26 l a s t : “ A c r e a g e u n d e r w h e a t a b o v e t h e a v e r a g e , w h i c h is 807,000 a c r e s . T e c r o p s a r e a f o o t h i g h a n d g e n e r a lly in e x c e lle n t c o n d itio n . S o f a r w e h a v e e v e r y p ro m is e o f a g o o d a v e r a g e c r o p . A o r e a g e u n d e r lin s e e d b e lo w t h a t o f la s t y e a r , w h i c h w a s 621,000 a c r e s , o w in g to e x c e s s iv e r a in f a ll a t t im e o f s o w in g . T h e cro p h a s s u ffe r e d g e n e r a lly f r o m u n t i m e ly r a i n f a l l a n d b lig h t . O n th e w h o le , n o t m o r e th a n a 10 o r 1 2 a n n a c r o p is e x p e c t e d . Rates of Intere»t at Jan. 21. Jan. 14. Parts................ Berlin............. Frankfort........ Hamburg.......... Amsterdam..... Brussels............ Madrid.............. Vienna.............. St. Petersburg. Copenhagen.... 8 4 4 4 2)4 2H 4 4 5 3 294 3 8)4 3 2 2% 4 4 5 3 Batik Bate. Open Markt 8 5 5 5 2)6 2)4 4 4 5 3 Open Batik Bate. Market m SM 3M 3M 2)4 2)4 4 4 5 3 Jan. 1. Dec. 31. Bank Open Bate. Market Batik Open Bate. Market 8 5 5 5 2)4 2)4 4 4 5 3 3 5 5 5 2)4 2)4 4 4 5 8 294 8)4 8)4 3)4 2)4 294 4 394 5 3 3 494 494 4M 294 294 4 4 5 3 M essrs. P i x l e y & A b e l l w r i t e a s f o llo w s o n t h e s t a t e o f t h e b u llio n m a r k e t : G old .— -The o n ly ord e rs fo r g o ld h a v e b een fo r In d ia , t o w h ic h co u n t r y ¿ 5 4 ,0 0 0 , m b ars a n d co in , h a ve b e e n sen t b y th e P . & O. steam er le a v in g to-d a y . T h e b a n k h a s re c e iv e d a b ou t th e sam e a m ou n t as the a rriv als o f th e w e e k , th e to ta l sen t in b ein g £ 6 7 ,0 0 0 ; th e t o ta l reb e in g £ 6 5 ,£ 6 0 , o o m in g fro m th e R iv e r P la te, A u stra lia , India and th e C ape. ’ S ilv er.—T he p r ic e has rem a in ed ste a d y at 4 7 d . p e r oz. d u rin g th e w e e k , a t w h ich ra te th e bars b y th e steam er fr o m Chile w e r e sold . T h e a rriv a ls sin ce ou r la st h a v e n o t b een v e r y la rg e , b ein g £3<*,000 fr o m Chile a n d £ 2 2 ,0 u 0 fro m N ew Y o r k . The P. A O. ste a m e r tak es £ 4 6 ,1 6 0 to B om b a y . M ex ica n D o lla r s .- A b ou t £ 8 ,0 0 0 in v a lu e h a v e c o m e t o h a n d fro m A m e rica . These h a ve b een p la c e d at 4 6d . p er oz., a t w h ic h p r ic e th e m a rk et is s te a d y . T h is r e f e r s t o t h e c r o p s in B e r a r , T h e f o llo w in g s h o w s t h e im p o r t s o f c e r e a l p r o d u c e in t o t 6 U n it e d K in g d o m d u r in g t h e fir s t t w e n t y w e e k s o f t h e se a so n W heat.....................o w t. B a r le y ......... . . . . . . . O a ts. . . . . . . . . . . . . . . . . . P eas................................. B e a u s ................. In d ian o o r n . . . ............. F lo u r ............. . ... IMPORTS. 1 88 6 -8 7. 1 88 5 -8 6. 1 884-85. -8 2 -2 1 ,2 0 1 ,6 3 2 1 8,9 3 8 ,7 2 2 1 8 ,7 04 ,9 6 ,0 7 5 .4 7 1 7 ,7 2 8 ,0 4 2 9 ,7 0 2 ,6 7 6 4 ,4 6 6 ,9 7 3 4 ,5 2 5 ,4 6 2 6 ,4 5 3 ,2 9 6 9 2 0 ,9 3 0 8 89 ,69 5 9 7 6 ,7 9 8 1 ,3 2 1 ,7 8 2 1 ,5 1 8 ,0 6 1 9 77 ,93 3 7 ,2 4 3 ,7 1 2 9 ,1 6 5 ,2 5 3 1 0 ,3 4 9 ,9 7 6 4 ,9 0 6 ,2 9 0 5 ,9 7 3 ,9 9 5 6 ,1 2 2,90 1 1 8 8 3 -8 4 . 2 3 ,5 2 4 ,7 1 9 8 ,7 6 7 ,5 5 7 5 ,3 6 9 ,8 0 9 6 9 0 ,5 8 5 1 ,1 3 5 ,9 7 0 1 0,9 1 8 ,3 1 3 5 ,8 4 5 ,8 7 1 S u p p lie s a v a ila b le f o r c o n s u m p t io n ( e x c lu s iv e o f s t o c k s o n S ep tem b e r 1 ) : 1 8 8 6 -8 7 . 1 88 5 -8 6. 1 88 4 -8 5. 1 8 8 3 -8 4 . Im p orts o f w h eat.0 W t.1 8,70 4 ,9 8 2 2 1 ,2 0 1 ,6 3 3 1 8 ,9 3 8 ,7 2 2 > ? 4 ,9 0 6 ,2 9 0 5 ,9 7 3,99 5 5 ,8 4 5 ,8 7 4 Im p orts o f flo u r.......... 6 ,1 2 2.90 1 Sales o f h o m e -g r o w n .. 14,5 49 ,0 8 8 17,0 7 4 ,0 5 6 1 8 ,9 8 7 ,7 3 2 18,514,10(1 T o ta l....................... 3 9 ,3 7 6 ,9 7 1 4 3 ,1 8 1 ,9 7 8 4 3 ,9 0 0 ,4 4 9 4 7 ,8 8 4 ,6 9 3 1 88 7 . 1886. 1885. 1 38 1 . A ver, p rice w h e a t ....... w eek. 3 cs . 3d. 29s. 10<|. 34s. 2d. 33s. 9d . A ver, p rice w h e a t........season. 32s. I d . 30s. 9 d . 32s. 2a. 4us. T h e f o llo w i n g s h o w s t h e q u a n t it ie s o f w h e a t , flo u r a n d m a iz e a flo a t t o t h e U n it e d K in g d o m . W heat..............qrs. E lou r,equal to qrs M aize...............q r s . This w eek. 2 ,0 6 9 ,0 0 0 2 9 7 ,0 0 0 3 4 5 ,0 0 0 L a st w eek. 2 ,1 7 9 ,0 0 0 3 1 9 ,0 0 0 3 6 3 ,0 0 0 1 88 5 . 2 ,6 3 0 ,0 0 0 L a st y ea r. 1 ,6 5 9,00 0 1 69 .00 0 2 8 8 .0 0 0 220,000 200,000 T h e q u o t a t io n s f o r b u llio n a r e r e p o r t e d a s f o llo w s : GOLD. London Standard. Jan. 20. Jan. 13. «. d. Bar gold, fine., oz. Tt 9 Bar gold, contain’g 80 dwts. silver.oz. 77 10 Span, doubloons.oz. 8nAm.doubloons.oz. 8. A, 77 9 77 10 B u s lls h SILVER. London Standard. Jan. 20. Jan. 13. d. Bar silv er.......... oz. Bar silver,containing 5 grs. gold.oz. Cake silver.......oz* Mexican d ols...oz. A m o n g t h e f in a n c ia l it e m s o f t h e w e e k 47 d. 47 47 94 4794 50 11-10 50 11-16 46 46 a re n o t ic e d t h e in v it a t io n f o r s u b s c r ip tio n s b y M essrs. R o t h s c h ild & S o n s to a n is s u e o f $4,000,000 C h ic a g o M ilw a u k e e & S t . P a u l R a i l w a y 5 p e r c e n t b o n d s, s e c u r e d b y a f ir s t m o r t g a g e o n t h e C h ic a g o & P a c if ic W e s t e r n D iv is io n . T h e a u t h o r iz e d a m o u n t is $24,540,000 o f w h i c h $18,540,000 h a v e a lr e a d y b e e n p la c e d . M essrs* C . d e M u r r ie ta & C o . in v i t e s u b s c r ip tio n s f o r £929,400 in 5 p e r F in a n c ia l H a r lte ts— P er C a b le . T h e d a ily c lo s in g q u o t a t io n s f o r s e c u r it ie s , & c . , a t L o n d o a a r e r e p o r te d b y c a b le a s f o llo w s f o r t h e w e e k e n d in g F e b . 4: L ond on. Sat. Silvar, per o z ........... Consols fo r m o n e y ... . . . Consols fo r a ccou n t.. . . . Fr’ oh rentes (In Paris) f r C. S. 4i*s o f 18 91.......... O. 8. 4s o f 1907............ Canadian P acific.......... Chic. Mil. & St. P a u l.... Erie, comm on s t o c k ... Illinois Central............. P ennsylvania................ Philadelphia A Reading New Y ork C e n t r a l...... 47 100% 100% 79-471* 11238 131 6488 901* 321* 1361* 5638 191* 114>* Tues. Wed. 47%0 1001316 lOO^ie 1OO13,0 100% 79 371* 77-50 112% 11230 1311* 131% 63% 647a 88% 90% 30% 32% 136 135 563a 55 18% 19% 113% 114% 47%8 1009x8 100% 78-45 11238 131% 64 8938 31% 135% 55% 18% 113% M on. 471 i 6 Thurs. F r i. 47 f 9 78 100% 100% 100 75-95 77-32% 112% 112% 131% 130% 61% 62% 89% 88% 30% 30% 134% 135 55% 55% 18 18% 112% 113% 47 c e n t m o r t g a g e b o n d s o f £100 e a c h o n a c c o u n t o f t h e W e s t e r n C e n t r a l c o lo n ie s o f S a n t a F e R a i lw a y s . T h e p r ic e o f is s u e is 843^ p e r c e n t . T h e p r o s p e c t u s h a s a ls o a p p e a r e d o f t h e U n io n (Commerciai and U*iscellatxecrtts H ew s B o o t & S h o e C o m p a n y , w i t h a c a p it a l o f £50,000 in £ 1 s h a r e s , N ational B anks .—The follow ing national banks have lately been organized: t h e o b j e c t b e in g t h e d e v e lo p m e n t o f a n A m e r i c a n p a t e n t in t h e U n it e d K in g d o m , T e n d e r s f o r t h e V ic t o r i a n G o v e r n m e n t 4 p e r c e n t in s c r ib e d s t o c k f o r £3,000,000 r e a c h e d a t o t a l o f £10,200,000, a t p r ic e s r a n g in g f r o m t h e m in im u m o f £ 10 2 t o £ 10 3 12s, 6d, T e n d e r s a t 3 .6 1 5 — T h e A lb a n y C ou n ty N a tion a l B an k o f L a ra m ie C ity , W yo. C api tal, $ 1 0 0 ,0 0 0 . O ra H a ley , P resid en t; E li C rum rine, C ashier. 3 .6 1 6 — T h e F irst N otion al B an k o f R o o k H ill, S. C. C apital $ 5 0 ,0 0 0 , W . L. R o d d e y , P r e s 'd e n t; W . J. R o d d e y . Cashier. 3 .6 1 7 —T h e F irst N a tion a l B a n k o f Sheffield, A la. C apital, $ 1 0 0 ,0 0 0 . C harles D. W o o d so n , P re sid e n t; T . L . B enham , Cashier. 172 THE CHRONICLE [V ol. XLIV, 3 .6 1 8 — The First National Bank o f Sutherland, Iowa. Capital, $50,000* the coinage at the Mints of the United States during the month Beniamin Thompson, President; Charles H. Brintriall, Cashier. 3 .6 19— The First National Bank o f Beaver City, Neb. Capital, $50,000. of January, 1887: Albert Fisher, President; Allen B. Edee, Cashier. 3.620— The First National Bank o f Wenona, 111. Capital, $50,000. January. Lewis J. H odge, President: Charles H. Fowler, Cashier. Denom inatio n. 3 .6 21— The Second National Bank o f Atlantic City, N. J. Capital, Pieces. Value. $100,000. George F. Currie, Pres.; Jesse G. Hammer, Cash. 3.622— Tiie East Alabama National Bank o f Eufaula, Ala. Capital, $ $59,000. Allen H. Merrill, President; John P. F oy, Cashier. Double eagles....................................................... 3.623— The National Exchange Bank o f Dallas, Texas. Capital, $300,- E agles.. . . 7 . ...................................................... . 74,000 740,000 000. John N. Simpson, President; N. A. McMillan, Cashier. 360,000 1,800.000 3,6 24.—The First National bank o f Farroersville, Texas. Capital, $50,000. Allen H. Neathery, P residen t; Leonard E. Bumpass, Quarter e a g les...................................................... D olla r s....“. ....... ........................... ..................... 3.625— The Columbia National Bank o f Washington, D. C. Capital, $250,000. Braluard H. Warner, President. Total g o ld ................. ......................................... 434,000 2.540.000 3.6 26— The Union National Bank o f Duluth. Minn. Capital, $500,000. John J. P. Odell, President; Henry A. Ware, Cashier. 2,920,000 2.920.000 3.627— The First National Bank o f Ponoa, Neb. Capital. $50,000. H alf d ollars.......................................................... George W. E. Dorsey, President; F. M. Dorsey, Cashier. Quarter d olla rs................. ................................. 3.6 28— The Carson National Bank o f South Auburn, Neb. Capital, D im es..................................................................... 400,000 40,000 $00,000. John L. Carson, P resident; Andrew B. Davison, Cashier. Total silver...................... ............ .................... 3.320.000 2,960,000 B o n d s H e l d b y N a t i o n a l B a n k s .— The following interest' Ing statement, furnished by the Comptroller of the Currency, shows the amount of each class of bonds held against national bank circulation and to secure public moneys in national bank depositories on February 1. We gave the statement for Jan uary 1 in C h r o n i c l e of January 15, page 82, and by referring to that the changes made during the month can be seen, 2,363,850 1 5.792.000 Total m in o r ...................................................... Total coinage..................................................... 118,192-50 •03 57,920-00 8,155,851 Five cents............................................................. One cent................................................................. 176,112-53 11,909,851 5,676,112-53 I mports and Exports for the W eek .—The imports of last week, compared with those of the preceding week, show Description o f Bonds. a decrease in dry goods and an increase in general merchandise. Public Deposits B ank Total Held. in Banks. Circulation. The total imports were $7,529,145, against $7,731,560 the 3s, A ct July 1 2 ,1 8 8 2 .... $1,040,900 $17,132,250 $51,173.150 preceding week and $9,076,518 two weeks previous. The ex Currency 6s...................... 120,000 3,201,000 3,321.000 ports for the week ended Feb. 1 amounted to $5,919,566, against 4 ^ per cents.......... ......... 6,628,500 60,206,409 66,834,900 $5,486,569 last week 6 two weeks previous. The 4 per cents................. . 11,191,500 113,387,000 124,578,500 following are the imports at New York for the week ending T otal............................ $21.980.900 $223,926.650 $245,907,550 (for dry goods) Jan. 27, and for the week ending (for general Government K evenue .—Through the courtesy o f the Sec- merchandise) Jan. 23; also, totals since the beginning of the retary of the Treasury, we are enabled to place before our first week in January; readers to-day the details of Government receipts for the FOREIGN IMPOSTS AT NEW YORK. month of January. From previous returns we obtain the 1887. 1886. For Week. 1884. 1885. figures for previous months, and in that manner complete the $2,612,399 $2,801,328 $3,398,860 $2,072,273 Dry G oods_____ statement since the beginning of the fiscal year for 1886-87 Gen’ lm er'd ise.. 4,916,746 5,132,423 6,342,926 5,347,430 and 1885-86. U.S. Bonds Held February 1,1887, to Secure— 1886-87. 000s Omitted. T o t a l ........ Since Jan. 1. Dry G oods......... Gen’lm e r’dise.. 1885-86. Cus Inter'l Misc’ ls / Total. toms. Rev’ue Sow c’s lotal. • 17,899 20,771 20,086 17,179 15.141 10,832 17.021 July......................... A ugust................... September............. O ctober.................. N ovem ber.............. D ecem b er.............. January.................. Cue- Inter’l Misc’ls toms. Rev’ue Sourc’s 8 t 16,219 8,501 17,290 9,071 17,521 10,446 17,316 11,953 13,057 9,250 14,426 9,603 14,493 8,214 $ 26,707 28,065 29,971 30,833 25,381 25,758 24,738 $ 9,480 9,693 9,460 9,772 9,689 9,544 8,779 t 2,258 1,726 2,141 4,014 2,746 2,747 2,596 t 29,037 32,195 81,687 30,965 27,576 28,623 28,890 $ 2,047 1,704 2,003 1,564 8,074 1,729 2,031 $9,741,786 $7,419,703 $7,933,751 $7,529,145 $10,932,346 23,260,175 $8,873,086 18,984,584 $9,410,164 21,609,204 $11,159,704 21,775,573 Total 4 w eeks.. $34.192,521 $27.859.670 $31,019,368 $32,935,277 In our report of the dry goods trade will be found the im* ports of dry goods for one week later. The following is a statement of the exports (exclusive specie) from the port of New York to foreign ports for the week ending Feb. 1 and from January 1 to date: BXPOBT8 FROM NEW YORK FOR THE WEEK. Total 7 m onths.. 124,429 66,422 18,228(209,079 110,322 67,033 14,1531191,513 C hanges in L egal T enders and N ational B ank N otes to 1884. For the w e e k ... P rev .rep orted .. 1887. 1886. 1885. $7.291.734 17,367,935 $7,153.161 22,588,154 $5,745,327 17,519,189 $5,919,566 17,730,672 Februay 1.—The Comptroller of the Currency has furnished us the following, showing the amounts of national bank notes Total 4 w eeks.. $24,659,719 $29,741,315 $23,264,516 $23,650,238 January 1, together with the amounts outstanding February 1 The following table shows the exports and imports of specie and the increase or decrease during the month; also the changes in legal tenders held for the redemption of bank notes up to at the port of New York for the week ending Jan. 29, and since Jan. 1, 1887, and for the corresponding periods in February 1: U86 and 1885: National Bank Notes— A m ount outstanding January 1 ,1 8 8 7 ......... Amount issued during Janury....................... Amount retired during J a u u a ry................... $431,880 4,125,305 A m ount outstanding February 1 ,1 8 8 7 * .. Legal Tender Notes— Amount on deposit to redeem national bank notes January l , 1 8 8 7 . . . . ........................ . Am ount deposited during J a n u a ry .......... . Amount re-issued & b’nk notes retir’d in Jan. $296,436,877 3,693,425 $5.449,096 4,091,760 Dec. 1. Jan. 1. 1,354,334 Feb. 1. $ $ $ $ Insolvent bks 1,020,032 1,003,448 1,026,595 953,713 995,875 Liquid’t’g bks 9,706,193 9,630,938 9,507,531 9,361,304 9,109,895 Beduo’g und’r act o f 1874* 57,798,172 70,888,779 77,957,145 80,S13,593 82,461,498 T ota l............ 68,529,417 81,523,165 88,491,271 91,170.772 92,525,106 • A ct of June 2 0 ,187 4, and Ju ly 12, 1882. C oinage by Since Jan. 1- Week. Since Jan. 1. Vest I n d ie s . . . . . . . . . . 3,570 29,225 8,150 South A m e r ic a ....... All other oountrles. . . 121,754 30,000 400,410 74,458 10,922 1,800 $1,578,107 992,589 259,580 239,068 949 34,787 1,920 T etal 1 8 87........... T otal 1 8 8 6 .......... T ota l 1 8 85.......... $155,324 640,157 361,956 *515,881 2,263,604 1,349,141 $20,872 219,435 450,538 $3,107,000 815,256 1,305,538 Silver. Great B r ita in ............ $212,800 $523,800 49,742 4,000 12,053 f — ... 9 ........ Germ any..................... V est I n d ie s ......... . 38,923 South A m erica.......... All other cou n tries... 6,350 7,000 33,025 1,225 83,332 6,'i 03 58,326 $602,945 1,505,058 1,272,166 $71,948 19,865 35,937 $148,886 55,262 97,717 $ ......... $11,788 $91,170,772 According to the above, the amount of legal tenders on deposit Feb. 1 with the Treasurer of the United States to re deem national bank notes was $92,525,106. The portion of this deposit made (1) by banks becoming insolvent, (2) by banks going into voluntary liquidation, and (3) by banks reducing or retiring their circulation, was as follows on the first of each of the last five months: Nov. 1. Im ports. Exports. Week. Great Britain . . . . . . . . $92,525,106 •Circulation o f national gold banks, not included above, $281,289. Oct. 1. Bold. $292,793,452 Am ount on deposit to redeem national bank notes February 1. 1887 .............. Deposits by— EXPORTS AND IMPORTS 0 7 SPECIE AT NEW YORK. Total 18 87........... Total 1 8 86.......... Total 1885.......... $212,800 314,773 366,409 $ ......... O f t h e a b o v e im p o r t s f o r t h e w e e k in 1887, $ 10,650 w e r e A m e r ic a n g o ld c o in a n d $3,598 A m e r i c a n s i l v e r c o in . Of t h e e x p o r t s d u r in g t h e s a m e t im e $53,570 w e r e A m e r ic a n g o ld c o in . United States Sub-Treasury.—The following table show U nited S tates Mints .— The following state the receipts and payments at the Sub-Treasury in this city, as ment, kindly furnished us by the Director of the Mint, shows well as the balances in the same, for each day of the past week : Febru ary THE CHRONICLE. 5, 1887.] Balances. Receipts. pate. Payments. Coin. Ooin Ceri’*. I Currency. 4 9 1,046,922 1,222,740 1,403,764 1,676,122 1,229,019 1,203,714 a $ i 1,412,066 131,820,529 15,245,749 18.686.738 1,195,526 131,823,977 15,384,459 18.571,794 1,533,248 .131,862,266 15,342,661 18,445,819 1,706,164 131.947.130 15,174,140 18,499,434 1,667,126 132,036,613 14,662,158 18,483.824 1,500,323 132,157.587 14,171,672 18.556.738 lotal ..| 7,782,281 9,014,453|. Jan. 29 Feb. 1 9 9 C h ic a g o & A t l a n t i c — A p r e s s d is p a t c h f r o m C h ic a g o , I U ., Feb 3 s a id : “ A n a n c i l l a r y a m e n d e d s u p p le m e n t a l b ill h a s b e e n fifed in t h e U n it e d S t a t e s C i r c u i t C o u r t in t h e f o r e c lo s u r e c a s e of th e F a r m e r s ’ L o a n & T r u s t C o m p a n y a g a in s t t h e C h ic a g o & A t la n t i c R a i l w a y C o m p a n y t o fo r e c lo s e a f ir s t .m o r tg a g e » o f «6 500,000, T h is w a s g i v e n J u n e 1 3 , 18 8 1, a n d t h e r e a r e f o u r se m i-a n n u a l in s t a lm e n t s o f in t e r e s t d u e , »“ A n t i n g * ° 000. T h e r e is a ls o a s e c o n d m o r t g a g e o f $5,000,000 o n tlbe line, o n w h i c h $900,000 b a c k in t e r e s t is d u e , a n d t h e b i l l seeks t o fo r e c lo s e b o t h m o r t g a g e s . “ D ow , Jones & C o. on T h u rsd ay s a id : T h e fa c ts in t h e C h ic . & A t . f o r e c lo s u r e p r o c e e d in g s a r e th e s e In F e b ., 1886, t h e f ir s t b ill f o r f o r e c lo u r e w a s file d in In d ia n a p o lis a t t h e r e q u e s t o f a m in o r it y o f t h e 1 s t m o rtg a g e s . T h e c a s e w a s a r g u e d in C h ic a g o , a n d th e Ju d g e s u s ta in e d t h e p o in t s m a d e b y t h e T r a s t C o m p a n y , but d e c lin e d t o a p p o in t a r e c e iv e r t h e n , b u t s a id t h a t h e w o u ld ~ • 0 0 5 “ P P o '“ ‘ one. 1 t j l y * . m *** « ? “1 clo e * h e di d not s e ttle m e n t. T h e r e w e r e a n c illa r y s u it s a ls o f ile d in C h ic a g o and T o le d o . T h e in t im a t io n s o f a p r o b a b le s e t t le m e n t d e la y e d m a tte rs u n t i l A u g u s t , 1886, w h e n t h e so lv ed t o fo r e c lo s e .- O n S e p t . 24 a n a m e n d e d b ill w a s file d t o fo re clo se t h e 1 s t m o r t g a g e . A g a i n th e r e w a s p o s tp o n e m e n t on p r o m is e s o f a s e t t le m e n t . A g a i n t h e p r o p o s e d s e t t le m e n t fa ile d , so t h a t in t h e l a t t e r p a r t o f la s t m o n t h t h e s e c o n d m o r tg a g e s jo in e d w i t h t h e fir s t m o r t g a g e s m a r e n e w e d e ff o r t ^ f o r e c l o s e . S h e b ills t h a t h a v e b e e n f i l e d in C h ic a g o n o w are s im p ly a m e n d e d a n c i l l a r y b ill s t o c o n fo r m t o t h e b ills o f th e p a r e n t s u it file d la s t y e a r in I n d ia n a p o lis . T h e r ig h t s o f th e s e c o n d m o r t g a g e s w i l l b e p r o t e c t e d in t h e p r e s e n t s u it. 173 s e c u r it y a s r e q u ir e d b y t h e o r d e r o f t h e C o u r t . T h e y a ls o s a id t h a t t h e y b e lie v e d t h e y c o u ld a r r a n g e w i t h re s p o n s ib le p a r t i e s f o r t h e t e m p o r a r y o p e r a tio n o f t h e lin e s o n c o n d it io n t h a t p a r t ie s t a k i n g t h e m w o u ld , a t t h e i r e x p e n s e , k e e p t h e m in t h e i r p r e s e n t s t a t e o f r e p a ir . T h e y w e r e o f th e o p in io n t h a t i t w o u ld b e f o r t h e b e n e fit o f a l l in t e r e s t e d t h a t th e o p e r a t io n s h o u ld b e c o n t in u e d u n d e r t h e c o n t r o l o f t h e C o u r t . I t w a s o r d e r e d , s u b je c t t o a f in a l c o n fir m a tio n o f t h e s a m e b y t h e C o u r t , t h a t u n le s s s e c u r it y s h a ll b e g iv e n b y t h e p a r t ie s i n in t e r e s t , a s r e q u ir e d , t h e r e c e iv e r s m a y m a k e a r r a n g e m e n t s a s a b o v e d e s ig n a te d . — T h e a n n u a l s t a t e m e n t o f t h e P r o v id e n t L i f e A s s u r a n c e S o c i e t y is p u b lis h e d t o - d a y in o u r a d v e r t is in g c o lu m n s , a n a s h o w s a l a r g e l y in c r e a s e d b u s in e s s o v e r t h e p r e c e d in g y e a r . F o r in s t a n c e , t h e t o t a l in c o m e in c r e a s e d 80 p e r c e n t a n d t h e d is b u r s e m e n ts 78 p e r c e n t ; t h e d iv id e n d s t o p o lic y - h o ld e r s in c r e a s e d 180 p e r c e n t , w h i l e t h e e x p e n s e s o f m a n a g e m e n t in c r e a s e d o n ly 54 p e r c e n t . T h e n e t a s s e t s D e c . 8 1, 188b, a m o u n t e d t o $304,490 (a l a r g e p a r t o f w h i c h w a s in v e s t e d in U . S . G o v e r n m e n t b o n d s), a n d th e s u r p lu s b y N . Y . s t a n d a r d w a s $19 3,318 . T h e a m o u n t o f in s u r a n c e s is o v e r $ 36 , 0 U U ,w u. A l t o g e t h e r t h e s t a t e m e n t is v e r y f a v o r a b le t o t h e c o m p a n y . — T h e a t t e n t io n o f in v e s t o r s is c a lle d t o t h e a d v e r t is e m e n t o f t h e fir s t m o r t g a g e b o n d s o f t h e P o u g h k e e p s ie B r i d g e C o m p a n y o ffe r e d b y t h e w e ll- k n o w n h o u s e o f M e s sr s. P . W . G a lla u d e t & C o ., t h is c i t y . A s t h is b r id g e is expected t o b e c o m e a g r e a t c o n n e c t in g l i n k b e t w e e n N e w E n g l a n d a n d t h e S o u t h a n d W e s t , t h e t r a f fic p r e d ic t e d f o r i t is o f l a r g e p r o p o r t io n s . — M essrs. J o h n H . D a v is & Co. o f f e r a li m i t e d a m o u n t o f t h e b o n d s o f t h e M in n e a p o lis & P a c if ic R a i l w a y , o f w h i c h t h e p a r t ic u la r s m a y b e s e e n in t h e a d v e r t is e m e n t o n a n o t h e r p a g e . A u c t i o n S a l e s . — T h e f o l l o w i n g w e r e s o ld a t a u c t io n t h i s w e e k b y M e ssrs. A d r i a n H . M u lle r & S o n : Shares. Shares. , 75 A verell Insulating Con100 Merchants’ Nat. B an k ... 13914 duit Co........................$12-$1 5 100 Mechanics’ Nat, B an k...1 7 0 1-32 Interest of the Elevator 110 Bank of Manhattan C o .. 159 “ New Y o r k ” . . . ...........$1 .200 100 Christopher < Tenth Sr. fc R ailroad Co......................125 .Bond*. 100 B ’ w ay& Seventh A v .R R .214 $28,000 Atlantic Mutual Ins, 40 Newcastle < B eaver V a l - ___ & Co. Scrip of 1 8 93,1 884 and ley RR. Co........................103 »8 1 8 8 5 ............ . ............ lUU!U*lva 16 Mount H olly Luinberton $50,000 Troy & B oston R R . „ M a n h a tt a n E l e v a 1 e d . - A t A lb a n y , F e b ru a r y I n d e c is io n s & M edford R R ................ HO 7s, conv. m ort., duo 19<y3..1023|r 55 U. S. Trust Co....... 530% -531ia w e re h a n d e d d o w n in th e C o u r t o f A p p e a ls in t h e c a s e s o f L a h r $1,125 Western Union Tel. 53 Eagle Fire Ins. Co., N. Y.265 vs. t h e M e t r o p o lita n E l e v a t e d R a i l w a y C o m p a n y a n d W a g n e r C o. D iv id e n d S c r i p . . . . . . . . . ot> 10 Sterling Fire Ins. Co....... 72 Co. vs. t h e s a m e , b y w h ic h t h e j u d g m e n t o f t h e C o u r t b e lo w m 10 Continental Ins. Co.......... 23A I $10,000 Altamont CoalJan., o f Kentucky 1st 6s, 35 Amer. Loan and Tr. C o.. 141 fa v o r o f t h e p la in t iff s is a ffir m e d . T h e s e s u it s w e r e t o r e c o v e r 1887, coupon 'p a id ............ipi.DUVJ 14 Farmers’ Loan and Tr. ..461 d a m a g e s a g a in s t t h e e le v a t e d r o a d s f o r d e p r e c ia t io n m t h e $2,500 Lehigh & Wilkesbarre 5 Leather M frs.’ Nat. B k ..2 0 8 Coal Co. Incom es................. v a lu e o f p r o p e r t y b y r e a s o n o f t h e e r e c t io n a n d m a in t e n a n c e 26 Farmers* Loan and T r . . . 458^8 1 $262 M utual Fire Insurance 90^ of t h e e le v a t e d s t r u c t u r e o n t h e t h o r o u g h f a r e in w h i c h t h e 20 Tradesmen’ s Nat. Bank. 106 I Co. S crip of 18 86..... ........... 68 10 Bank of Com m erce...........174% p r o p e r ty o f t h e p la in t if f s w a s s i t u a t e d . T h e q u e s t io n o f t h e $ 5 0 » Mutual Fire Insurance 20 Mineral Ranve R R . C o..131 lia b ilit y o f th e s e r o a d s is t h u s d e f in it e ly s e t t le d o n t h is p o in t. J Co. Scrip of 1886............... - 68% 33 Safe D eposit Co., N. Y ...1 3 0 T h e s u it o f G e o r g e L a h r w a s f o r $ 10 ,00 0 d a m a g e s b e c a u s e o f p e r m a n e n t i n j u r y t o t h e p r e m is e s N o . 73 W e s t T h ir d S t r e e t , Agg.Cl’ngS a n d t h a t o f E m i l y W a g n e r f o r $ 3 ,8 4 1 f o r s i m ila r d a m a g e s to Specie. L. T’nders. Deposits.* Circula’n. Loan9. 1387. p r o p e r ty o n A m i t y S t r e e t . T h e c a s e o f L a h r is o n e o f a d o z e n s $ 9 9 $ or m o r e s u it s in w h i c h t h e s a m e l e g a l p r in c ip le s a r e c la im e d 13,013,700 82,376,600 145,574,200 10.984.400 3,141,700 110.814.700 82.572,812 to o b ta in , a n d w a s b y m u t u a l a g r e e m e n t m a d e a t e s t c a s e , a n d Jan.15 145,919,500 10.926.400 3,392,200 110.831.700 12,626,400 77,842,161 - 22 12,520,900 145,629,100 10,851,600 3,512,600 109,761,000 a n d is t h u s o f m u c h im p o r t a n c e t o p r o p e r t y - h o ld e r s h a v in g “ 29 c la im s f o r e a s e m e n ts , & c . , a g a in s t t h e e ie v a t e d ro a d s. The Philadelphia Banks.—T h e t o t a ls h a v e b e e n a s f o l l o w s : E v e n i n g P o s t r e m a r k s t h a t t h is d e c is io n u p h o ld s t h a t m a d e Circula’n A gg.C l’ngS. b v t h e C o u r t o f A p p e a ls s o m e y e a r s a g o in t h e S t o r y c a s e , m Lawful M on’y Deposits.* Loans. 1887. w h ic h t h e r o a d s w e r e h e ld lia b le f o r d a m a g e s t h r o u g h lo s s o f $ $ $ o f l i g h t a n d a ir t o p r e m is e s a b u t t in g a lo n g t h e lin e o f t h e e le 83,965,400 4.023.750 57,247,827 22,806,600 Jan. 15...... 86,3357600 83,718,350 4.020.750 65.838,21» 22,464,000 v a te d s t r u c t u r e . T h e d e c is io n d o e s n o t a f f e c t t h e q u e s t io n o f 22.... 85.Ö0Ö.200 22,806,300 82,922,000 4,012,500 53,366,211 29...... 85,436,800 v a lu e s f o r w h i c h r e c o v e r y m a y b e m a d e , b u t s i m p ly r e fu s e s to d is t u r b t h e f o r m e r d e c is io n m a d e m t h e S t o r y c a s e . R u fu s * Jncludin g the it m “ due to other hanks. S t o r y s u e d f o r d a m a g e s t o h is p r o p e r t y in F r o n t S t r e e t , a n d c o n te n d e d t h a t t h e s m o k e a n d g a s f r o m t h e e n g in e s p r e v e n t e d h im f r o m e n j o y i n g h is b u ild in g s , a n d t h a t a ir a n d l i g h t w e e g a u h tu Q a n d f i n a n c ia l. sh u t o u t b y t h e e le v a t e d r o a d s t r u c t u r e . F o r t h e f ir s t tom e th e C o u r t o f A p p e a ls r e v e r s e d t b e d e c is io n s <ff t h e lo w e r c o u r t s a n d b y a m a j o r i t y o f o n e d e c id e d t h a t M r. S t o r y w a s e n t it le d United States Government and other desirable to d a m a g e s . T h a t w a s s o m e f o u r y e a r s a g o , s in c e w h e n t h e SECURITIES e le v a t e d r o a d s h a v e a t t e m p t e d in v a i n t 0 . h f 7 e, tbi 8 ?cl81° ^ T^ r e v ie w e d . T h e p r e s e n t c a s e n o w m e n tio n e d , t h a t o f L .an r a n a FOB W a g n e r , r e a c h e d t h e C o u r t o f A p p e a ls t h r o u g h t h e e ffo r ts o f I N V E S T O R S . th e d e f e n d a n t s , t h e e le v a t e d r o a d s , t o g e t a n o t h e r d e c isio n th e j u d g e s h a v in g c h a n g e d s in c e t h e S t o r y d e c is io n w a s r e n d e re d . I n t h is t h e y h a v e b e e n d is a p p o in te d , a n d t h e r u le la id A ll stocks and bonds listed on the New Y ork Stock Exchange bought d o w n f o u r y e a r s a g o r e m a in s in f o r c e . ^ la ^ f e _ u “ lbf rf ^r “ totere». .H t m * , o » m o n t e r Ketonce» e m in e n t la w y e r s h a v e b e e n c o n c e r n e d m t h e S t o r y c a s e , f o r w h o m t h is is a s u b s t a n t ia l v i c t o r y . T h e n e x t ^ q u e stio n t o subject to draft at sight« cohi6 u p w i l l b e t h a t o f t h e e s t im a t e o f d a m a g e s* H A R V E Y F ISK & SONS, 28 Nassau Street, New Y ork. W a b a s h S t . L o u i s & P a c i f i c . — A t S p r in g fie ld , 111., J a n u a r y 31, b ills w e r e file d in t h e U n it e d S t a t e s C i r c u i t C o u r t b y J a m e s R . J e s s u p , a c t i n g t r u s t e e , in t h e t w o is s u e s o f b o n d s o f W E O F F E R F O R S A L E th e I llin o is & S o u t h e r n I o w a R a i l w a y , d a t e d M a r c h . 1862, a m o u n t in g t o $300,000, a n d t h e is s u e o f t h e G r e a t W e s t e r n KALAMAZOO STREET R A ILW A Y FIRST MORTGAGE 6 P E R p e n t BONDS, price, par and interest. _ _ R a ilw a y o f 1859, a m o u n t in g t o $2,500,000, w h i c h a r e u n d e r ly in g m o r t g a g e s o f t h e W a b a s h s y s t e m . T h e b ills p r a y f o r a K N O X ^ L L E & OHIO FIRST MORT. S IX P E R CENT BONDS. fo r e c lo s u r e o f t h o s e m o r t g a g e s , a ls o f o r a f o r e d o s u r e o f t h e FORT SMITH & VAN BUREN BRIDGE BONDS, Guaranteed, Princi c o n s o lid a te d m o r t g a g e d a t e d 1867, w h i c h in c lu d e d t h e t w o pal and Interest, b y the St. Louis & San Francisco Railroad, 106 lin e s m q u e s tio n a n d o t h e r lin e s o f t h e s y s te m . , and interest. — I n t h e U n it e d S t a t e s C ir c u it C o u r t r e c e iv e r s H u m p h r e y s GRAPE CREEK COAL COMPANY’ S FIRST MORTGAGE SIX P E R a n d T u t t file d a p e t it io n f o r in s t r u c t io n s c o n c e r n in g t h e f u t u r e CENT BONDS, 95 and interest. o p e ra tio n s o f t h e P e o r ia P e k i n & J a c k s o n v ille R a ilr o a d , t h e For further particulars call on or address S p r in g fie ld & N o r t h w e s t e r n , t h e C h a m p a ig n & S o u t h e a s t e r n , G R IS W O L D & G IE E E T T , th e E d w a r d s v ill e B r a n c h , t h e P i k e C o u n t y & L o u i s ia n a a n d NO. 3 W ALL STREET, NEW YORK. th e A t t i c a C o v in g t o n & S o u th e r n . T h e p e t it io n e r s s t a t e d t h a t n o n e o f t h e p a r t ie s in t e r e s t e d in t h e lin e s h a d f u r n is h e d THE CHRONICLE. 174 The following were the rates of domestic exchange on New York at the under-mentioned cities to-day: Savannah buying par, selling $@$ premium ; Charleston buying $ dis count @ par; selling $@$ premium; New Orleans, commer cial, 25c.‘discount; bank, $1 prem. ; St. Louis, par @25c. dis count ; Chicago, 40c. discount. The rates of leading bankers are as follows : gj?he jffatikm 7 (Baaettie. D I V I D E N D S . The follow ing dividend« have recently been announced: Per Cent. Warne o f Company. R a ilr o a d * . ■Ohio. & Alton, pref.& com.(quar.) Chic. & Eastern Illinois................. Cin. Ham. & Dayton, com. fquar.) Connecticut & Passumpsic Rivers D anbury & N orwalk....................... D etroit Lansing & Northern, com. do do prof. F itchburg.......................................... Fans. City Pc. Scott & Gulf, com . do do p re f.. Maine Central................. M assawippi..................................... Rutland, p re f.................................... Terre Haute & Indianapolis......... U tica & Black R iver.................... H a n k*. Bank o f the Manhattan C o .......... New York National E x ch a n g e .... In su ra n ce. C ity Fire............................................ When Payable. Book» Closed, (Day» inclutive.) February 4. 2 3 2 2* 2*J 3 3* 2 2*a 4 3 2* 753. 3 4*4 March 1 Feb. March 1 Feb. Feb. 1 Jan. 1 Jan. Feb. Feb. 15 Feb. Feb. 15 Feb. Feb. 15 Feb. 2 Feb. May Feb. 15 Feb. 15 Feb. 15 1 Feb. 1 Feb. Feb. 2 Feb. 8*i 3 Feb. 10 Feb. On dem. 2 to Feb. 9 4 Feb. 7 Feb. 2 to Feb. 6 13 13 22 27 6 1 1 1 to to to to to to to to Feb. 28 Feb. 7 ■ Feb. 16 Feb. 5 Feb. 5 ....... W A L L S T R E E T , F R I D A Y , F e b r u a r y 4 , 1 8 5 7 - 5 P. M , The Money Market and Financial Situation.—Between the war rumors abroad and the Inter-State Commerce bill and freight-handlers’ strike at home, our markets have still been kept in a state of uncertainty. To an on-looker from the American stand-point there really seems to be so little cause for war in Europe that it is difficult to get our business men to believe that fighting is at all imminent. In fact, they are inclined to believe that the recent war bluster has been almost entirely manufactured in order to exert an influence on the elections in Germany and secure a majority in favor of Bismarck’s military bill; some few brokers whose views of men and things are limited to the market horizon even venture to insinuate that the distinguished mag nate above mentioned is short of stocks or long of wheat. The suspense in regard to the passage of the Inter-State Com merce bill will no longer hang over the market, and in all proba bility the freight-handlers’ strike must terminate soon, as their occupation is not one requiring highly skilled labor, nor is mid-winter a period when work is abundant and laborers generally scarce. Railroad earnings are likely to vary from month to month now in comparison with last year, and we cannot look for the Bame uniform increase which was so notable in the compari sons of 1886 with the preceding year. Railroad building in the West and South is also progressing rapidly, and the returns from many roads will include increased mileage as the year goes on. The open market rates for call loans during the week on stock and bond collaterals have ranged from 2$ to o per cent, the usual rate to stock brokers being 8@4 per cent; to-day the rates were 8@4 per cent. Prime commercial paper is quoted at 4$@5 per cent. The Bank of England weekly statement on Thursday showed a gain in specie of £599,000, and the percentage of reserve to liabilities was 47-70, against46'97 last week; the discount rate was reduced from 5 to 4 per cent. The Bank of France gained 750,000 francs in gold and 4,025,000 francs in silver. The New York Clearing House banks, in their statement of January 29, showed an increase in surplus reserve of $3,502,075, the total surplus being $22,298,450, against $18,796,375 the previous week. The following table shows the changes from the previous week and a comparison with the two preceding years in the averages of the New York Clearing House banks: 1887. Jan. 29. Difference» fr'm Previou» Week. 1886. Jan. 30. 1885 Jan. 31. Loans and dis. $353,051,000 Inc .$1,602,800 $337,934,700 $293,746,700 Bpeoie............ . 92,851,600 In e . 3,053,100 100.212.700 101,732,000 Caro illation... 7,825,000 Dee. 40,400 9,599,600 11,285,300 Net deposits.. 382,961.800 In c . 2,900,900 389.954.700 352,343,300 Legal tenders. 25,187,300 In o. 1,174,200 33,432,400 40.224,800 Legal reserve $95,740.450 I n o . $725,225 $97,438,675 $88,035,8 25 R eserve held. 118,038,900 In o . 4,227,300 133,645,100 141,956,800 B orpins........... $22,298,450 Ine. $3,502,075 $36,156,425 $53,870,975 Exchange.—Sterling exchange has been rather quiet most of the week, but rates have been very strong in consequence of the foreign selling of our stocks and the scarcity of commercial bills; the latter feature is largely the result of the strike of freight handlers on the river front, retarding the shipment of mer chandise on the steamers. The B ink of England rate was re duced from 5 to 4 per cent, but this had very little effect on the exchange market. Posted rates to-day are 4 85$ and 4 89 against 4 85 and 4 88$ last Friday. To-day the rates on actual business were as follows, viz.: Bankers’ 60 days’ sterling, 4 85 @4 85$; demand, 4 88$ @4 88$. Cables, 4 89@4 89$ Commercial bills were 4 84 @4 84$; Continental bills were: Francs, 5 21$@5 21$ and 5 19$@5 20; reichmarks, 95$@95$ and 95$ @95$; guilders, 40$@40$ and 40$ @40$. fVOL. XLTV. Sixty Day». Prlm ebankers’sterling bills on London. Prime oom m eroi a l ....... . Documentary oom m eroia l. . . . . . . . . . . . . . . Paris ( fr a n c s )................ Amsterdam (guilders)......... ..................... Frankfort or Bremen (reichmarks)-------- Demand, 4 85* 4 89 4 8 4 * 9 4 84*9 ............ 4 83% 3 4 84*4 ............ 5 2178'®5 2114 5 1 9 * 9 5 1 8 * 4 0 iia ® 4 0 * 40l4® 40e,A a 95V®953a I 95 * » 9 5 * United States Bonds.—Government bonds have been quite dull, and there has been no particular feature to the market. Prices have not changed much and are to-day about where they were a week ago. The closing prices at the N. Y. Board have been as follows: Intere»t Jan. Period». 29. Jan. 31. Feb. 1. Feb. 2. Feb. 3. Feb. 4. 4 * s , 1 8 9 1 ....... ...re g . Q .-M ar. ‘ 11018 *1 1 0 * x ! 0 9 * *10 9* *1 0 9 * *109* 4128, 1891 ....... .coup. (S.-Mar. *11018 11038 1 1 0 * *110* 1 1 0 * *110* 4s, 1907........... ..reg. Ö .-Ja n . *12838 *1 2 8 * * 1 2 8 * *1 2 8 * ‘ 1 2 8 * *128* 4s, 1 9 0 7 ........... coup. Q .-J a n . *12838 1 2 8 * 1 2 3 * *128* 12 8 * 1 2 8 * 3s, option U. 8 . ...r e g . <5.-Feb. *100 *100 *100 *100 *100 *100 6s, oür’cy, ’ 95. ...r e g . J. & J. *125 ig *126 *126 *126 *126 *126 6s, eur’cy, ’ 96. ...r e g . J. & J. *12858 *12 8* *128% *128% ♦128% *128% 6s, cur’cy, ’ 97. ...r e g . J. & J *13138 *131* *1 3 1 * *13 1* *1 3 1 * *131* 6s, cur’cÿ, ’98. ...r e g . J. & J. *134 *1 3 4 * *1 3 4 * *1 3 4 * *13 4* *134* 6s. our ’ey, ’99. ...r e g . J. & J. *13658 *136% *136% *136% *1 3 6 * *136* * This is th e i>rioe Did a t m e m o rn in g b o a r d : n o ta le w a s m ade. State and Railroad Bonds.—State bonds have had an active and well-distributed business, though there has been no special feature to the market, and no class has been conspicu ous for activity. Virginia 6s deferred close to-day at 15; Lousiana consol 43 at 8If bid; Tennessee settlement 3s at 78 bid; do. compromise bonds at 75 bid. Railroad bonds sympathize with the stock market to a great extent, and as a consequence have been rather unsettled and irregular, with conspicuous weakness noticeable in a few, while certain inactive classes remain quite firm. In volume the business has been moderately active, and a few have shown special activity, including Erie 2ds, Texas & Pacific Rios and incomes, N. Y. City & Northern gen. mort. and, in a smaller degree, Nickle Plate lsts, Denver 4s, Hocking Valley 5s, «fee. Erie 2ds were quite weak in the early dealings and, after a partial recovery, somewhat irregular. N. Y. City & Northern bonds have advanced quite sharply on rumors of a deal in con nection with New England. Railroad and Miscellaneous Stocks.—The stock market continues somewhat demoralized and during the past week has been very much unsettled and lower. The selling has been quite extensive at times and the market has shown consider able activity during its weaker periods. The most important unsettling news has been the foreign cable advices, accompa nied by considerable selling for foreign account. The war scare broke out afresh early in the week, causing a sharp fall on all the Continental bourses, which was communicated to the London market, and from there to ours. The most important decline occurred on Tuesday, when the London sales were large, causing a sharp fall here, and many leading stocks declined to the lowest point of the year thus far. The decline was too sharp to last, however, and a recovery took place in the afternoon, which was continued more or less dur ing the following day. Thursday saw another decline, but prices did not go as low as on Tuesday, though the foreign markets were worse. The decline has also been assisted by the continuation and spread of the strike among the different classes of freight handlers, and tbe varying rumors in connection therewith have been used to influence prices to some extent. In fact, during the first two days of the week this was the principal influence in the market, and caused an unsettled feeling though no important decline. The Inter-State Commerce bill is still dis cussed, though it. has been regarded as almost certain that the President would sign it, and its effects have been largely dis counted. The weakest stocks have naturally been those that are the most dealt in on the foreign markets, and most of these have been quite active. Louisville & Nashville has been specially prominent for activity and weakness, touching its lowest point on Thursday. The weakest points in the market on Tuesday were Lackawanna, Jersey Central, Reading, Richmond Ter minal, Western Union and the Vanderbilts. A conspicuous exception to the prevailing weakness has been furnished in New England, which has steadily advanced, touching 61f to day. The cause for this advance is probably to be found in inside buying and manipulation, and there have been rumors of some arrangement with New York City & Northern and with Manhattan, the rise in the bonds of the Northern and the dealings in Manhattan stock lending a certain probability to this idea. To-day, Friday, the foreign cables showed a better tone abroad, and our stock market was generally firmer; Union Pacific was an exception, as it sold down to 53$, closing at 54$. February THE OHEONiCLE. 5, 1S87.1 1 ÎÔ PRICES OF STOCKS AT N. Y. STOCK EXCHANGE FOR WEEK ENDING F E B . 4, AND SINCE JAN. 1, 1887. HIGHEST AND LOWEST PRICES. STOCKS. Saturday, Jan. 29. Monday, Jan. 31. Tuesday, Feb. i . Wednesday, Thursday, Feb. 3. Feb. Friday, Feb. 4. Sales o f the Week, Shares. R ange sinoe Jan. 1 ,1 8 8 7 . Lowest. Highest. A c tiv e R K , S to c k s . 113s 11 2,585 1078 Feb. 1 12*a Jan. 3 11*8 11*4 11*4 10 7e 1 1 11*8 11*4 11*4 1 1 Atlantic & P acific..................... 8 4,565 5978 Feb. 4 6838 Jan. 1 3 62*4 597 61 61% 62*2 63 63*4 Canadian P acific...................... *63*4 64*4 62% 62% 52% 5478 54*8 56*4 56*8 55% 56% 16,520 52% Feb. 1 63 *a Jan. 3 56 56*2 560s 55 Canada Southern...................... 66 6678 51,699 55*8 Jan. 3 68 % Jan. 2 2 6438 66°8 63*2 6538 65 6578 66 66*4 67 Central o f New Jersey............ 34% • 7,215 33 Feb. 3 43*4 Jan. 3 34% 35*2 34*2 33 36*2 37*4 36*2 36*2 34*8 36 Central P acific.......................... 8 Feb. 3 9*2 Jan. 8 *7 600 8 9 *8 9 8*2 8*2 8*2 9 ‘ 8*2 *8*2 Chesapeake & Ohio.................. 15 700 15 Feb. 4 17 Jan. 13 16 15*2 15*2 15 15*4 15*2 *15 17 1508 16 Do ls t p r e f. *16 9*a Jan. 29 11*2 Jan. 2 0 11 10 10 170 *10 11 *10 11 9*2 *10 9*2 9*2 9*2 Do 2d p r e f. 138 138 662 13678 Jan. 13 138*2 Jan. 25 137*2 137*2 137*8 137*8 137 138*4 137% 138 Chicago Burlington & Quincy. 138 138 87*4 86% 88*8 151,080 85% Feb. 1 91 Jan. 3 8 Chicago Milwaukee & St.Paul. 877« 88*2 873s 88*4 85% 87*8 867 87*2 86 119 119 1,180 117*4 Jan. 8 119 Feb. 4 Do pref. 118 118*81 117% 117% 117*2 117*2 117*2 11778 117% 118 110 111*4 110 % 1113s 110*2 11138 111*8 11108 16,361 110 Feb. 1 115 Jan. 3 Chicago & N orth w estern....... 1 1 2 112*8 111*2 1 1 2 140 140 902 138*4 Jan. 29 140*4 Jan. 5 * Do pref. 138*4 138*4 *138 139 *138 139*2 139*2 13978 304 125 Jan. 24 126% Jan. 6 124*2 126 " *125 126 Chicago Rook Island & Pacific. 125% 125% 125*2 125*2 125% 126 *124 126 930 16 Feb. 1 18*4 Jan. 11 *16 1678 1708 19 18 16 16 * 17 17 17 17 Chioago St. Louis & Pittsburg. 1,500 35 Jan. 27 40*2 Jan. 1 5 39 39*8 38*2 39*4 39 39*2 37 38*2 * 88“ Do pref. *36*2 37*2 *34 46% 4738 13,810 45*2 Feb. 1 513s Jan. 7 47*4 47*2 4608 47*2 45*2 46*2 46*4 47*8 46*2 47 Chicago St. Paul Min. & O m .. 1,429 106 Feb. 1 1097e Jan. 3 *106*2 107*2 106 106*4 1063s 1063s 106*4 107*8 107 107 Do pref. 4,425 59 Feb. 1 65*2 Jan. 3 60*2 60*8 60*2 60*8 60*2 60*8 60 61 60*2 6078 59 ClevelandCol.Cin. & Indianap. 61 8,475 34 Jan. 22 39% Jan. 11 35 35*4 36*4 36 3478 34 35*4 35*4 36 36*4 34% 36 Columbus Hocking \ al.& Tol. Jan. Delaware Lackawanna &Wes ' 134% 1353s 1333a 135*8 131% 13308 1327s 134*4 132% 134*8 1333a 135 186,920 131% Feb. 1 138 Jan. 3 3 2 2 % 23*4 2,985 2178 Feb. 3 28% 24 24*4 24*4 2178 23*4 24*2 25 Denver & Rio G., assessm’t pd 25 9 Q2Ç 56*a Jan. 24 66 Jan. 13 56% 58*4 593s 57 58 59 59 593a 59*2 60*4 58 59 Do pref. 13 4,151 12% Feb. 1 17 Jan. 3 13% 1 2 % 13*4 12 % 13*4 *13*4 13*s" 13*2 13% 13*2 13% Ea3t Tennessee Ya. & Ga. R ’y. *72 75 *72 460 71*4 Feb. 1 82*2 Jan. 13 75 72 72 72% .71*4 71*4 72 *72*2 75 Do 1st pref. 6,335 21*a Feb. 1 32 Jan. 3 23*2 2378 23*2 24*4 23*2 24*4 21*2 23*8 22*2 24 24*4 24% Do 2d p r e f . 86% Jan. 6 89 Jan. 3 Evansville & Terre H aute— 1338 1,350 12 J an. 28 1308 Jan. 3 12*8 13 13 12% 13 13 1 2 % *12 Green B ay Winona & St.Paul. 1 2 42 Jan. 1 1 45 Jan. 3 ......... 41*2 ....... 41 Houston & Texas Central....... 1,207 131*2 Feb. 1 135 Jan. 28 132% 132% 132 132*4 132*2 133 131*2 132*2 Illinois Central.......................... 1,369 12*2 Feb. 1 1708 Jan. 14 15 16 12*2 14 16 Indiana Bloomjngt’n & West’n *15 923s '9 Í Í 8 92*8 9 1 7s 92% 103,545 90 Feb. 1 9638 Jan. 1 4 Lake Shore & Mich. Southern. 92*4 9 2 78 91% 9208 90 * 91% 91*4 230 93 Jan. 15 95 Jan. 4 95 95 *94 95*2 94*2 94*2 Long Island.............................. 59*2 57% 59 101,720 57 Feb. 3 67*4 Jan. 3 60% 61% 58*4 60*8 59*4 6008 57 61*2 62 Louisville & Nashville............ 810 58 Jan. 22 65*2 Jan. 3 61 63 60 60 60 60 59 60 Louis. New Alb. < C hicago... fe 155*2 157*2 157 157*4 15,649 154 Jan. 5 158*2 Jan. 3 155 156% 155*4155% 155*2 156 Manhattan Elevated, c o n so l.. 155 157 4,969 51 Jan. 27 63*2 Jan. 7 55 55 58 57 57 58 59 56 56 58 59 60 Memphis & Charleston............ 2,755 86 Jan. 27 93*4 Jan. 3 86*2 88 86 87% 86% 87*4 88 88% 87 Michigan Central.................. . * 88 130 66*2 Jan. 6 71 Feb. 4 71 71 *67 71 68 68 70 71 * 70*2 * Mil. Lake Shore & W est.......... * * 160 98 Jan. 4 100*8 Jan. 2 1 99 99 100 * .........100 *95*4 100 LO O *.........100 * Do pref. 3 310 17*2 Feb. 1 20 Jan 1778 17T a 1778 1778 18*2 *17*2 18*2 17*2 17*2 *17% Minneapolis & St. Louis......... *17*2 850 40*2 Feb. 1 45% Jan. 13 41*2 41*2 42 40*2 41*4 40% 40% 40*2 41 Do pref. *41*4 43*4 42 26% 2738 26% 2708 21,530 26*a Feb. 1 33% Jan. 3 27*4 28 26*2 28 28*2 28 7a 28*2 28% Missouri Kansas & T exas....... 9,382 10408 Feb. 1 109*8 Jan. 3 Missouri P aoiflo........................ 1050« 106*8 105*2 106*4 10408 105 »8 105% 10608 106 106*2 105*2 106*2 15 15 910 143a Feb. 1 19*2 Jan. 8 15 15 15*8 153« 15*8 15*8 1438 15% *15 Mobile & Ohio........................ . 84 83 1,800 79% Feb. 1 88% Jan. 3 82 82 83 82 79% 82 81 *......... 82 81 N asli v. Chattanooga&St. Louis 8 1 1 0 111*8 11008 111*2 110 1107 110*4 111*4 24,110 110 Feb. 1 114*4 Jan. 1 7 L12*4 111*2 L12 New York Central & Hudson. 1 1 1 78 90s Jan. 27 15 Jan. 1 5 4,000 10*4 10*4 11*4 10 9% 10*2 10*4 103s 10 10 10 10 New Y ork Chic. & St. L ou is... 19 21 8,135 19 Feb. 1 28 Jan. 13 19% 19*8 19% 20 19 20 20 19 20 20 Do _p ref 92,341 29*8 Feb. 1 3408 Jan. 3 30% 29*4 30*8 29®8 30*2 New York Lake Erie & West’n 30% 31*2 30*8 3138 29*8 30*8 30 7,185 65*2 Jan. 29 73% Jan. 3 67 66*4 67*4 65*2 67*2 66*2 67*4 65*2 66*4 67*4 67*2 66 Do pref. 557a 5 6 78 55*4 56% 56*2 59*4 5708 60*8 5 9 78 6138 139,880 51 Jan. 12 613a Feb. 4 56*2 57 New Y ork & N ew E n glan d.., 5,635 15% Feb. 4 20*2 Jan. 3 15% 16*2 16 16% 17 17 17*4 17*8 17*8 16*8 17 17*4 New York Ontario & West_ _ 11 1208 Jan. 2 0 113s 11*8 11*2 11 1108 11% 1 1 % 1 1 % 2,534 31 Feb. 1 3408 Jan. 2 0 1 1 % 1 1 % 11*2 11*2 New Y ork 8usq. & W estern.. Feb. 1 32 32 3278 3 2 78 1,960 31% 31*2 32 33 33 32*2 32*2 31 Do pref 1,470 17*2 Feb. 3 233e Jan. 3 18 18 17*2 18 187 187r 19*2 19*2 17% 18*4 8 Norfolk & Western................. 45*8 22,070 43*8 Feb. 3 54 Jan. 13 45 46*4 43*8 45*4 44 4508 45 46% 4578 47 45 Do pref 3,950 26*8 Feb. 1 28 Jan. 3 26*4 26*2 2638 26*2 26*4 26*2 26*8 26*2 26*2 26% 26*2 26% Northern P acific..................... 573a 16,381 56*8 Feb. 1 6138 Jan. 3 57 5608 57% 5678 57% 57 57% 56*2 57% 56*8 57 Do pref 24% 13,470 22% Feb. 1 29*2 Jan. 3 243s 23*a 24 23*2 2308 24*2 23% 2408 2 2 % 23*2 24 Ohio & Mississippi.................. 19 Jan. 4 21 Jan. 14 Ohio Southern....... ................. 10,803 2978 Jan. 24 34*8 Jan. 3 '3 0 3 8 '3 0 % 303s 31*8 30*8 30*2 2978 30*2 3038 31 Oregon & Trans-Continental. 32% 33 33*2 3358 3,150 30*2 Jan. 3 35*2 Jan. 2 0 *33% 34*4 333s 33*2 32*2 33*4 33*2 33% Peoria Decatur & Evansville 36 35*4 36*4 305,125 34 Feb. 1 42*8 Jan. 2 0 36*4 35*2 3608 35 37% 3838 36% 38*4 34 Philadelphia & Reading....... 8 Jan. 27 10*2 Jan. 5 610 8*2 8*2 8*2 8*2 Rio binon d & Alleg., receipts. 12 53 J An« 1 7 Richm’d & West P’nt Terminal 44*4 45*a 42*2 44*8 41*2 4338 43*8 4 4 78 "4 3 " "44*4 43% 4408 79,545 40 Jan. 1 1 87*2 Jan. 1 7 510 75 Jan. *7878 79*2 79% 80 79*2 79*2 Do pref 79*2 80*2 83 Feb. 4 95 Jan. 17 84 465 83 ....... 7] 85 85 83*2 84% 86 Rome Watertown & Ogdensb’g 86 200 30 Jan. 27 33 Jan. 17 30*4 *29 . . . . . . ! *29 30*2 30*2 30*2 30*2 *29 St. Louis & San F rancisco___ *29*2 30*2 1,900 61*2 Feb. 2 673s Jan. 15 62*4 63*2 63% 64*4 63 *62 63 64 63*2! 61*2 64 64 Do p re f___ 700 112 Jan. 28 117*2 Jan. 8 113 113 113 113 L13 112 112 112*2 112*2 * 1 1 1 112*2 113 Do 1st pref 1,975 55*2 Jan. 7 61% Jan. 2 0 58*2 58% 58% 57*2 57*2 58*2 58*2 57*2 58 58*2 58*2 58 St. Paul & D uluth.......... 250 107 Jan. 10 108*2 Jan. 4 ’108 108*2 *108 108*2 *108 108*2 108*8 108*8 108 108 *108 Do p r e f... 1,123 113 Feb. 1 117 Jan. 3 113*8 113*2 114*2 114*2 113 114 St. Paul Minneap. & Manitoba 35 Jan. 25 36% Jan. 1 0 ■Southern Pacific C o............... . 2 1 78 22*2 2 1 % 22*2 ' 20" " 2Í 78 20*2 223g 24,045 20 Feb. 3 267e Jan. 1 3 2 2 % 23*8 22*2 23 Texas & Pacific, 1st ass. paid. 5378 5578 95,250 5378 Feb. 4 62 Jan. 3 56 56 5678 55*4 56*2 573s 56*4 57*8 55 560s Union Paoiflo............................. 3,370 13*8 Feb. 1 19 Jan. 3 13% 14 *13*2 14 13% 14*4 13*8 13*2 13% 14 14 14 Wab. St. L. & P.,P. Com. repts. 9,160 23% Feb. 1 35 Jan. 3 24*2 23% 25 24% 25 «8 24 26% 23% 24% 25*2 26% 26 Do pref. m is c e lla n e o u s S to ck s« 8,200 35*2 Feb. 1 40% Jan. 3 37 37*2 35% 36*2 35*2 36*4 36% 37*2 35% 37 3 65 r 36 Colorado Coal & Iron .............. 863s 36,528 79 Jan. 7 8678 Feb. 2 840s 850s 837a 8578 85*2 8678 85% 86*2 86 Consolidated Gas Co................ 8478 86 9,267 100% Feb. 1 104% Jan. 15 10108 10238 10 0 % 1 0 1 % 101*2 10208 10138 101% 1 0 1 % 102*8 Delaware & Hudson C an al... 102*4 10208 476 38 Feb. 1 47 Jan. 1 3 39 39 39% 39% 39 38 .... 40% 40% Oregon Im provem ent Co....... 7,400 96*2 Feb. 1 104% Jan. 3 98% 99 98 97% 98 96*2 98*8 9 8 78 9 9 78 98 97% 97% Oregon R ailway & Nav. C o ... 50 50% 5008 5078 505s 51% 12,460 48*2 Jan. a 53% Jan. 2 1 50*2 49% 50 50 50*2 50 Pacific M a il............................. 1,743 109 Jan. 25 114*2 Feb. 3 114 114*2 *113*2 115 110 110 *109*2......... 112*2 114 Philadelphia Co., Nat. G as.. . . 1 1 0 110 42€ 139*2 Jan. 4 147*2 Jan. 2 0 146*2 146*2 *x l43 1 4 4 1 144*2 144*2 143*2 143*2 143% 143% Pullman Palace Car C o.......... *146 147 72*2 7 3 78 74,643 703s Feb. 1 76 Jan. 3 71% 72% 703g 71% 7108 73 72*4 71% 72*8 71 Western Union Telegraph___ E x p r e s s S to ck s. 15 139% Jan. 4 144 Jan. 2 9 '142*2....... *144 144 144 *142*2 1 4 4 ' 144 144 144 Adams................................ 175 |l07 Jan. 5 110 Jan. 2 5 110 110 '108*2 1 1 0 *108*2 110 *107*2 HO 108*4 108*4 *108 110 American........................... 85 I 62*2 Jan. 22 64% Jan. 1 1 *62 63 *61 64 64 62*2 *62 63 63 63 63*2 63 United States.................... 78 J126*2 Jan. 25 129% Jan. 4 129 129*2 '128 ....... 128 129 *128 133 *127 130 *127 130 Wells, Fargo & Co............ I n a c tiv e S to ck s. 400. 9608 Jan. 5 98*2 Jan. 8 9738 9738 97*8 97*e' Atchison Topeka & Santa Fe. 5.101 Jan. 8 101% Jan. 10 101 1 02 '1 0 1 1 02 101*2 101*2 *ib'i 102 Boston & N. Y. Air-Line, pref. *101 102 *101 102 460 33% Jan. 19 35*8 Jan. 12 *34 34*2 *34 35 34 34 34 34 34 34 Buffalo Roch. & Pittsburg___ 700 14 Jan. 11 15*2 Jan. 10 15 *......... 15 15*4 1478 15 Central Io w a ___....................... 900 95 Jan. 7 98% Feb. 1 "*97% *98” 9778 9778 98% 98% 98 98 Cincin. Ind. St. Louis & Chic 7 Jan. 13 5*4 Jan. 29 110 *5 6 *5 6*4 6*4 5*4 5*4 *5*4 5*4 Cincinnati Wash. & Baltimore. 5*4 8 Feb. 3 10*4 Jan. 14 1,740 8 8 8*2 8*2 9 8*2 8*2 ! *8*2 8*2 Do pref. 8*2 250 20 J an. 26 23% Jan. 13 20 20 20 20 Denv. & R io Grande Western. 110 122 Jan. 25 130 Jan. 29 125 125 Joliet Steel C o....................... . 130 130 115 139% Jan. 26 140*2 Jan. 5 140 140 Morris & E ssex......................... *140 141*2 140 140 1 .................... 1 140*2 140*2 179 105 Feb. 2 107 Jan. 21 105*2 105*2 105 105 10508 106 New Y ork Lack. & W estern.. *105*4 107 217 145 Jan. 10 148 Jan. 2 2 Í 4 5 " Ï 45' 145 145 Pitts. Fort W ayne & Chic....... 146 146 200 28 Jan. 4 33*2 Jan. 12 29% 29% 29% 29% *28 *28 29 33 *30*2 32*2 x29 Quicksilver Mining Co., pref. *31 30 Jan. 8 35 Jan. 2 0 *30 33 33 * 33 *30 *30 34 33% *31 Bt. Louis Alt. & Terre H aute.. " 3 6 7 22 *8 Jan. 31 23*8 Jan. 2 7 2238 223s 23 23 St. Louis Ark. & Texas............ 100 34*8 Feb. 1 34*8 Feb. 1 *34 " "36 36 *34 36 Toledo & Ohio Central............ *34 400 57 Jan. 24 58*2 Jan. 15 59 59 *58 58*2 58*2 *58 59 58 *58 58*2 Do pref. 5,925 39*2 Jan. 4 49*2 Jan. 2 7 48 483s 46 48*4 47*4 48 45 46* 46% 48 46% 47% Cameron Iron & Coal............. 2,430 62*2 Jan. 3 70% Jan. 2 3 70*4 69*2 7008 70*8 70*4 70 7 01 « 70*i New Y ork & Perry Coal........ 2,956 44 Jan. 5 54% Jan. 1 4 47 47 47*4 46 ’ 4 5 " '4 6 ' 46*4 47 46 48 48% 49 Tennessee Coal & Iron. . . . — V a r i o u s S t o c k s , A c . (Uni isted.) 5,387 61 Jan. 12 64*2 Jan. 3 623s 627s 62*2 62% 62% 63 62*4 62% Amer. Cotton Oil Trust.......... 62*2 63 T OO 6678 68*4 6678 6778 66% 67*2 ffÓÓO 66 % Feb. 4 72*2 Jan. 1 1 70% 70 69*2 70*4 Bine Line Certificates............. 300 22% Jan. 3 26% Jan. 2 0 *24 25 *23*2 24*4 24*4 25 23 23 *24 25 Lake Erie & West., 2d ass. pd. 4,800 52 Jan. 5 63*2 Jan. 2 0 593s 59 59 59*2 59*2 6038 59 59*2 57*2 58S Do pref. when iss. 59*2 60 1,500 37 Jan. 28 413s Jan. 1 7 *37% 38*2 3838 38 37 37 38 37 Kingston & P em broke............ These are the prices bid and asked; no sale was made at the Board. THE CHRONICLE. 176 [V O L. XL1V. PRICES OF ACTIVE BONDS AT N. Y. STOCK EXCHANGE ON FRIDAY, AND RANGE SINCE JAN. 1, 1887. Closing. Name o f Bond. Jan. 28 | Range since Jan. 1. Feb. 4 ! Lowest, j Highest. 29% Jan. 25% Feb. 27% ! 27 90 Jan. Guar., 4s, 1037.......................... 86% 1 86 b.| 86% Jan. ] ; Can. South.—1st guar., 5s, 1908 105% | 05% 1 05 Feb. ¡1 06 Jan. 94" 93 Feb. 1 95% Jan. 2d, 5s, 1913.............................. 94 Con. Iow a—1st, 7s, ’ 99, coup, oil 89% 1 85 b.| 89 Jan. | 90% Jan. :.10 Jan. Central o f N. J —1st, 7s, 1890.. 109 b.|; 05%b.|: 08% Jan. | 109 b.|: 09% 1 07% Jan. : 10% Jan. : 109 b.ll 09%b.|: L09 Jan. 1 10 Jan. ' 105% | 05%b.|: 05% Jan. | 07% Jan. : : 85 b.| 85%b.| 83% Jan. 86% Jan. 11034b. : 13 b. : 10 Jan. : 10% Jan. 102 ] OliflbJ 99 Jan. L02 Jan. Am . Dock & Imp., 5s, 1921. Ches. & O.—Pur. m. fund 6s, ’S _ 81 —Jan. 7 7 % ” 76% ja n . 6s, gold, ser. B, 1908, coup, oil ~79 75% Jan. Extern coup., 4s, 1986 ............| 75 a. 72%b.| 73% Jan. 32 Jan. 29% 27 27 Feb. 6s, currency, 1 9 1 8 .... 98% Jan. 97% Jan. 98% M ort. 6e, 1911.............. : 05% Jan. 104 Í). .......... 1 01 Feb. Ches. O. & So. W.—5-Gs, ' ¡115 15 b.; .15 Jan. 15% Jan. ¡105% 0 5 % r .04% Jan. I: .05% Feb. .06 %b. .06 Jan. .06 • Feb. 106% % Chic. Burl. & Q.99 Jan. 98 98 Feb. Denver Dlvl*., Plain 4s, 1921 O 99 %b. 98% j ’an. |L O Jan. Chic. & Ind. Coal R., 1st, 5s, ’36 99 120 b. 121 b. L20% Jan. 1122% Jan. ¡129% L28%b. L28 Jan. |1.30 Jan. ¡115% L15 b.¡ L15% Jan. 1116% Jan. ¡107 b. 107% L06% Jan. ¡ L09 Jan. ¡105%b. L05% 105% Jan. 1106% Jan. 102 %b. L03%a.| 102% Jan. 1103% Jan. 140 b. L40 b.; 140 Jan. 142 Jan. 131 b. 131 b. 131 Feb. 1 133 Jan. Gold, 7s, 1902. 118 b. 118 b. 117% Jan. 1 120 Jan. Sinking fund 6s, 1929. 108 109% Jan. 108 b. 108 Jan. 1 108%b. 110 a. 108% Jan. 1 110 Jan. 107%b. 107%b. 107% Jan. 108% Jan, 25-year debent. 5s, 1909....... 121% 121% 121 Feb. 122% Jan. 126 %b. 128 a. 126 Jan. 127% Jan. 101 b. 101 b. 98% Jan. 101 Jan. ¡107 b. 107 107 Jan. 109 Jan. C. C. 0. & Ind.—Gen. 6s, 1934 .. 99% 98% Feb. 102% Jan. Col. Coal & I r o n - 1st, 6s, 1900.1 102% 85 b. 83% Jan. L 84% 88% Jan. 88 %a. 80 Jan. 91 81 b. 119 %b. 119 Jan. 120 Jan. 119 Jan. 77% 80 Jan. 76% Feb. 1st con. 4s, 1936 ...................... 78 77 b. 79 a. 80 Jan. 81% Jan. Den. & R. Gr. W .- 1st, 6s, 1911 75 b. 76 u. 76 Jan. 78 Jan. Assented......................... 75 b. 70 b. 75 Jan. 80 Jan. Den. So. Pk. & Pac.—1st, Det. Mac. & Mar.—1st. 6s, 1921 50%b. 50 53 Jan. 49% Feb. Land grant 3 % s ,1911.. Incom e 7s, 1921............ 98% Feb. 99% Jan. 3 99 98% .¡107 b. 107 b. 105 Jan. 108 Jan. 0 135% 135 b. 134% Jan. 136 Jan. J l l 4 b. 113% Jan. 1118 117% 115 ja n . 118 Jan. Con. 6s, 1935................. 95% 93% Feb. 100 Jan. N. Y.L.E.&W —2d con. 6s, ex c. 97% 1 ............ 88% 92% Jan. 88% Feb. 89%b. 88% Jan. 80% Jan. i 89% 0 109 b. 106 b. 106 Feb. 106 Feb. 110%a. 110% Jan. 2d M., 7s, 1 9 0 5 ......... ’ 1100 a. 09% 99% ja n . 100% Jan. 913sb. 913ab. 92% Jan. 92% Jan. 1 99 b. 97 b. 99 Jan. 103 Jan. 39% 1 38 38 Jan. 40% Jan, 91121% 121 b. ¡120% Jan. 122% Jan. |l02%b. ¡102% ¡ 101 % Jan. 103 Jan. Gold, 6s, 1923....... 1 109 %b. 109%b. ¡108% Jan. 109% Jan. fl|ll4 a. 113 ¡112% Jan. 114 Jan. r. 108 %b. ¡108 108 Jan. 110 Jan. Ilj 113 b. 113 b. 92 %b. ! 94 94 Feb. 97% Jan, . 68 b. 70 a. 66% Feb. 72 Jan. Gen. mort. 6s, 1921.......... o ll2 1 b. 119% Jan. 120 Jan. hd.Bl. & W.—1 st, pref., 7s, 95 %b. 94%b. 91% Jan. 98% Jan. 1st, 5-6s, 1909.................... 83 b. 82 b 77% Jan. 86 Jan. 2d, 5-6s, 1909.................... 93 %b 94% 95 Jan. 91 Jan. Eastern Division—6s, 195 33 %b. 1 32% 343s Jan. 30% Jan. Incom e, 6s, 1921.............. . 37%b. 38 b 38 Jan. 39% Feb. 9 Int. & Gt.Nor.—1st, 6 s,g o ld ,’ 19 117 b 117 b 117 Jan. 117 Jan. 93 94% Jan. 1 93 Jan. . 93 Coupon, 6s, 1909.......... 1 68 a 65 I 64 Jan. 65 Jan. 96 b 1 95% Jan. 100 Jan. K noxv. & 0 .—1st, 6s, gold, 192 5 95% 112% Jan. 110 Jan. Lake Erie & W.—1st, 6s, 1919 62 Jan. 1 40 Jan. Incom e, 7s. 1899................... ¡111% Jan. 114% Jan. Lafay. Bl. & M.—1st. 6s, 1919 1 68% Jan. 87 Jan. Incom e, 7s, 1 8 9 9 ............. 121% Jan. 121% Jan. Long Island—1st, 7s, 1898. .. 11334b ¡114% Jan. 114% Feb. 8 !110 b 120 b 119 Jan. 120 Jan. 3. ¡105% 104 %b ¡105 Jan. 106 Jan. 93% Jan. .. 93 b 93%a 1 90% Jan2d, 6s, 1930............... ..1 1 4 b 114 b 115 ja n . 115 Jan. E. H. & N.—1st, 6s, 191 .. 107 %b .¡107% ¡107 Jan. 108% Jan. General, 6s, 1930......... .. 106% 107% ¡104% Jan. 107% Feb. Trust Bonds, 6s, 1922. .1 97 b .| 98 Jan. 98 Jan. 10-40, 6s, 1924............ 0. 109% 108 %b .¡109 Jan. 110% Jan. .ou. N. A. & Oh.—1st, 6s J 95% Jan. 96% Jan. .. 96 a Consol., gold, t's, 1916. >4........... J i ö i 102 Jan. )2 129 b .¡129 b .¡127% Jan. 129 Jan. .. 110 b 1st, consol., 5s, 1902. 20 116 b.¡Í14%b .¡114% Jan. 116% Jan. Mies’riP a c.—1st, cons., ..1 2 0 b .123341 .¡122 Jan. 123% Feb. ¡102 Feb. 105 Jan. ..¡104% ¡102 .. 108%b .1 0 8 %li J l0 9 Jan. 110 Jan. 2d mort., 7s, 1891. 1. ¡12034 ¡118 b .¡119% Jan. 121% Jan. L. ¡1153411 .1115 ti.¡114 Jan. ¡117 Jan. Burl. C. Rap. & N. 1st, 5s, 1906. 107% 108 102%a. Consol. & col. tr., 5s. 1 9 3 4 ___ 102 Central Pacific—gold 6s, 1895-8 114 b. 114 a. San Joaquin Br. 6s, 1900......... 104 b. 103 b. Chic. & E. 111.—1st, s. f. 6s, 1907 115 b. 115%b. Consol. 6s, 1934........................ 114% 114%b. Chi. R. I. & Pac.—6s, coup. 1917. 131% 131%b. 112 a. Exten. & col. 5s, 1934.............. 110 Del. & Hud. Can.—1st, 7s, 1891 ¡108 b. 110 a. Coupon 7s. 1894........................ .... Evans. &T. H.—1st cons. 6s, ’ 21 .... Mount Vernon—1st, 6s, 1923 111. Central—1st, gold, 4s, 1951 108 a.ll07% b. 106% 101% 114 111% 102% 114% 114 130 109% 109% 116% 116 110 1.08 Jan. Jan. Jan. Feb. Jan. Jan. Jan. Jan. Jan. ja n . ja n . Jan. Jan. Jan. Jan. 28 ! Feo. 4 98 a. 116 123% 122%b. 118% 110% 104 b. 102%b. 110 a. 115 b. 127 b. 113 115%a. 100 b. N ote - The letter “ b” indicates price bid, and “ a” price ask ed ; all other prioes and the range are from actual sales. Lowest. Highest. Minn. & S t. L —1st, 7s, 1 9 2 7 .... 133 b. 133 b. 132 Jan. 133 Jan. Imp. & Equip.—6s, 1922......... 90 a. 89 b. 89% Jan. 90 Jan. Mo. K .& Tex.—Con., 6s, 1920... 98% 96% 90% Feb. 100% Jan. Consol., 5s, 1920....................... 85 b. 53% 83% Feb. 87% Jan. Consol., 7s, 1904-5-6................. 113% ¡110 a. 112 Jan. 1113% Jan. Mobile & Ohio—New, 6s, 1927 ..1 0 9 b. 109 b. 109% Jan. 1110 Jan. 1st, Extension, 6s, 1927..........¡106 b. . . . . . . . . 106 Jan. 106 Jan. 1st pref. debentures, 7 s ........... 60%b. 60 b. CO Jan. 65 Jan. 36 Jan. 2d pref. debentures, 7 s .......... 33 b. 31 b. 36 Jan. .... I .... 3d pref. debentures, 7 s .......... 33 b. 33 a.| 4th pref. debentures, 7 s ....................... 30 a. 85% .Tan. Mutual Un. T e le —S. f., 6s, 19111 85 a.| 8438b. 84% Feb. .Y. Central—Extend., 5s. 18 9340 6 b. 106 b. 105% Jan. !106% Feb. N.Y.C. & H .—1st, cp., 7s, 1903 1345s 134% 133% Jan. 134% Jan. 108% Jan. 1109% Jan. Debenture, 5s, 1904.............. 110 a. 109% N.Y.& H ar.—1st,cou.,7s. 1900 131 %b. . . . . . . . . 132 Jan. ¡133 Jan. 85 Jan. 973sJan. N.Y.Clilc.&St.L.—1st, 6s, 1921.. 95% 95% 93 Jan. 93 a. 70 J an. 2d mort., 6s, 1923.................... 91 65% Jan. 71 Feb. N.Y. City & No.—Gen., 6s, 19 1 0 . 65% ,7 0 % N.Y. Elevated—1st, 7s, 1906. . . . 1215sb. 121 b. 121% Jan, 1123 Jan. N .Y . Lack. & W .—1st, 6s, 1921. 128 a.|126 b. 125% Jan. ¡126% Jan. 107 b. 108 Feb. 110 Jan. Construction, 5s, 1923............ 110 107 %b. 1 107 Jan 110 Jan. N. Y. Ont. & W.—1st. 6s. 1914.. 108 88 b. 91% Jan. 92% Jan. N.Y.Sus. &W.—1st, 6 s ,’ ll.c p .o fl 90 ...........j 71 Jan. 71% Jan. Debenture, 6s, 1897, coup, o i l ----Midland of N. J.—1st, 6s. 1910 112 b. 112 b 112 Jan. ¡114 Jan. 79 75% Feb. 83% Jan. N. O. Pacific—1st, 6s, 1920........ 78% 115 115% Jan. 116% Jan. North. Pacific—1st,coup.,6s, ’ 2 1 1 1 6 103 b. 103% Jan. 107% .Tan. Gen’), 2d, coup., 1933.............. 104%b. James R. V a l.- ls t , 6s, 19 36.. 107%b, 108% 106% Jan. 108% Feb. N. Pac.Ter.Co.—1st, 6s. 1 9 3 3 ... 104 b.|104%b. 104 Jan. 105 Jan. Ohio & Miss.— -Consol., 7s, 1898. 118 b. 117 b. 118 Feb. 119% Jan. 119 a. 118 J a r. 119 Jan. 2d, consol., 7s. 1911................. 112 a. 109 Jan. I l l Jan. Springfield Div.—7s, 1905 . . . . 111 ... .. . . 1st, general, 5s, 1932............... 103 103 Jan. 107% Jan. Ohio Southern—1st, 6s, 1921. .. 103 41% 40 Jan. 47% Jan. 2d, inc., 6s, 1921....................... 41% 92 %b. 92% Feb. 94% Jan. Oregon Impr. Co.—1st, 6s, 1910 92% Ore. R. &Nav. Co.—1st, 6s, 1909, 109 b. 109 b. 108 Jan. 109% Jan. 102% Feb. 106 Jan. Consol., 5s, 1925........................ 104 b. 104 Oregon & Transoon.—6s, 1922.. 101%b. 102 a. 101 Jan. 102% Jan. P eo.D ec. & Evans.—1st, 6s, ’ 2 0 .113%b. 113 a. 114 Jan. 114 Jan. 85 Jan. Incom e, 6s, 1920........................ ¡.8 2 b. 83%a. 81% Jan. 107 110 Jan. 110% Jan. Evansv. D iv— 1st, 6s, 1920. * %b. 110 83%&. 79% Jan. 84% Jan. 82 b. Incom e, 6s, 1920.............. 71% Jan. Rioh & All.—1st, 7s, 1920. tr. rec 66 %b. 65 b. 66 Jan. 112%b. 113 Jan. 1113% Jan. Riohrn. & Dan.—Cons., 6s, 1915 113%a 106%b. 106 Fob. 107 Jan. Debenture, 6s, 1 9 2 7 ..................107 Debenture, assented.................. 106 a, 106 a. Roch. & Pitts.—1st, 6s, 1 9 2 1 ...| ............ |H3 b. 1108 Jan. Consol., 6s, 1922............. 110 b. 110 b. 110 Jan. 110% Jan. 102% 103 L02 Feb. ¡103% Jan. ! 104 b. L02 Jan. ¡107 Jan. Income, 7s. 1932......... L06% 106 Feb. 1 107% Jan. 107 71% Jan. 1 73% Jan. 70 b. 72 114 Jan. 1114 Jan. St. L. Alt.& T.H.—1st, 7s, 1894. [ 113 b.| 112 a. 2d, M., pref., 7s, 1 8 9 4 .... 106 b.| 107 a. 107% .Tan. ¡108 Jan. ! 2d., M., inc., 7s, 1894___ 35 b. 39 a. 35 Jan. ¡ 38 Jan. Dividend bas, 6s, 1 8 94... 114% I l l 111 Feb. ¡115 Jan. St. L. & Ir. Mt.—1st, 7s, 18 113 %b. 113%b. 113 Jan. ¡11438 Jan. 2d mort., 7s, 1897.......... . 95 b. 95 Jan. 99 Jan. 115%b. 114 b. 115% Jan. ¡115% Jan. St. 114 b. 114% Jan. 116% Jan. 6s, Class B, 1 9 06..................... 116 115% 114 b. 1143a Jan. ¡116% Jan. 108% 108% Feb. 111 Jan. Gen’lm ort., 6s, 1 9 3 1 ... ......... 110 So. Pac., Mo.—1st, 6s. 1 8 8 8 ... 101% 101 %b. 101% Jan. 104% Jan. 110%b. 110% Jan. 110% ja n . St. Paul M. & M.—1st, 7s, 1909. 118 a. 119 Jan. 120 Jan. 2d, 6s, 1909................................ 118 b. 118% Feb. 120 Jan. 1st cons., 6s, 1 9 3 3 ............... 119 96 Jan. ¡100 Jan. Shenandoah V al.- 1st, 7s, 1909 98 b. 99 42 a. 39% Jan. 43 Jan. Gen’l mort., 6s, 1921............... So. Carolina—1st, 6s, 1620......... 107%a. 106 a. 107% Jan. ¡107% Jan. 80 Jan. 80 a. 78 ft 80 Jan. 2d. 6s, 1931......................... 28% Jan. Inc., 6s. 1931............................. 28 a. 25 a. 24 Feb. So. Pac., Cal.—1st, 6s, 1905-12.. I l l b. 110 b. 111% Feb. ¡112% Jan. So. Pac., Arl.—1st, 6s, 1809-10.. 110 b. 110 b. So. Pac.. N. M.—1st, 6s, 1911. .. 10538b. 105 %b. 105% Jan. ¡106% ja n . 60% 64 Jan. 59% Jan. Tex. & Pac.—Inc. & Id gr, 7s, ’ 15 62% 65% 74% Jan. 64 Feb. 68% R io Grande D iv.—6s, 1930— 62 b. 67 Jan. j 69% Jan. Gen. mort. & term „ 6s, 1905.. Tex. & N. O.—Sab. Div., 6s,1912 100 a. 104 a. 92 ja n . Tol. A. A. & N. M.—1st, 6s, 1924 89 b. 85 b. 89 Jan. Tol.A.A. & Gr.Tr.—1st, 6s. 1921 104 b. 104% 103 Jan. 104% Feb. ¡108 b. 108% 104 Jan. 110 Jan. Tol. Peor. & West—1st, 7s, 99% Jan. 97 b. 95 Jan. Tol. & Ohio Cent.—1st, 5s, 1935 : 96% Union P acific—1st, 6s, 1896-9.. 114% 114%b. 114 Jan. 115 Jan. Land grant, 7s, 1887-9............ 102 %b. 102 %b. 102 Jan. 10238 Jan. 118 b 118%b. 118% Jan. 118% Jan. Sinking fund, 8s, 1893— 114% Jan. lll% a . Kan. Pacific—1st, 6s, 1895 111% I l l b. 1 1 1 % Jam 112 Jan. 1st, 6s, 1896..................... 114%b. 114 Jan. 115 Jan. 115 105% Jan. 107 Jan. 105% 106 1st consol, 6s, 1919 ... 103% 103 Feb. ¡107% Jan. 107 Oregon Sh. Line -1 st, 6s, 90 b. 93 b. 97 Jan. I 99 Jan. 60 Jan. 40 b. 49 Jan. 49% 94 Jan. 91%b. 89% 89 Feb. 85% Jan. 86 %b. 85% Jan. Wabasli111%D. .... 110% Jan. 113% Jan. 110 a 106 ja n . 1111% Jan. ls t , St. L .D iv.. 7s, 1 889___ 110 99% 99 Jan. 103% Jan. 99% 2d, extended, 7s, Í 8 9 3 ........ 95% Jan. 84 b 90 a 90 Jan. Con., conv., 7s, 1907.......... 111 b 109 Jan. 112% Jan. Great West.—1st, 7s, 1 8 8 8 ... 111 b 99% 99% 99 Jan. 103% Jan. 2d, 7s. 1893.......................... 111 1L0 Jan. 112 Jan. St.L.K.C. & N.—R.e& r.,7s,’95 .1 1 0 % 1023a Jan. 103% Jan. West Shore—Guar.. 4s.............. 1102% 103 IN A C T IV E BO N D S. Ill.Cen.—(Oou.)—G’ld,3%s,1951. | 97 b. C. St. L .& N .O —Gold,5s,1951 114 b. Lake Sh.—Con.coup., ls, 7s,1900¡ 127 %a. Con. coup., 2d, 7s, 1903.......... 122%t>. Metro. Elevated.—1st, 6s, 1908. 119 b. 2d, 6s. 1 8 9 9 .............................. 109 %b. Mil. & Ñor.—1st, M. L „ 6s, 1910|105 a. 1st, on exten., 6s, 1913............ 102 b. Morgan’s L. & T.—1st, 6s, 1920. I 1st, 7 8 ,1 9 1 8 ............................... Nash. Ch. & St. L.—1st, 7 b, 1913 ¡128%b. Norfolk & W.—Gen’l, 6s, 1931. 112 b. New River—1st, 6s, 1932....... 115 a. I Imp. & extension, 6s, 1934___I 101 %b. ¡109 Feb. 103% Jan. 1115% Jan. 1 112 Jan. 103% ja n . 116 ja n . 116 Jan. ¡135 ja n . 110% Feb. ¡110 Jan. 118% Jan. ¡118% ja n . 111 Jan. ¡108% ja n . Range since Jan. 1. Closing. Name o f Bond. 98 115 126 122% 117 109% 104 101 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. I 99% 116 128 124 119 ¡110% 104 |103 Jan. Jan. Jan. Feb. Jan. Jan. Jan. Jan. 129% Jan. 130 Jan. 112 Jan. 113% Jan. 114% Jan. 114% Jan. February THE CHRONICLE 5, 1867.J Mew York City Banks.—The following statement shows the condition of the Associated Banks of New York City for the week ending January 29, 1886: Bank*. New Y o r k . . . . . . . . . Manhattan Oo . . . . Merchants’ . . . . . . . Mechanics’ . . . . . . . America . . . . . . . . . . P h e n ix ...... . . . . . . C it y ....... ................ Tradesmen’s . . . . . . F u lto n .................... C hem ical. . . . . . . . . . Merchants’ E xoh. Gallatin National.. B atchers’ A Drov.. M echanics’ A T r.. G reenw ich............. Leather M anuf’ rs. Seventh W a r d .... State o f N . Y ....... Amerio’n E x ch ’ge. C om m erce............. Broadway . . . . . . . . M e r c a n t ile ....___ P a cific. . . . . . . . . . . . R e p u b lic............ . Chatham ........ .. Peoples’ . . . . . . . . . . . North A m e r ic a . . . H a n o v e r ..... . . . . . Irv in g........... Citizens’ . . . . . . . . . . Nassau . ................ M a rk et....... .......... St. N ioh ola s ........ Shoe & L ea th er.. Corn E x oh a n g e. . . C o n t in e n t a l...... . O rien tal............... Im porters’ * 1 rad P a r k ....................... North R i v e r . ... ... East R iv e r....... Fourth N ation a l.. Central N ational.. Seoond N a tion a l.. Ninth N a tion a l... First N a tio n a l.... Third N a tio n a l.. N. Y . N at. E x o h .. B o w e r y ............ . N . Y . C ou n ty....... German* Am erio’n. Chase N a tion a l... F ifth A ven u e....... German E xoh ’nge. G erm ania....... ... United States....... L in co ln ............... . Garfield....... . F ifth N a tion a l.... B’k of the Metrop.. W est Side.............. Seaboard................ S ixth N ational___ Loan* and Discount*. 10.440.000 9.653.000 6,335,960 8.260.000 11.452,400 3.061.000 7.767.700 2.662.000 1.218.500 19,000,300 3.549.200 5.917.100 1.745.600 1,680.000 1.073.500 3.371.400 1.187.700 3.620.800 15.562.000 17,196.330 5.658.100 6.846.900 2.315.700 7.778.000 4.782.700 1.936.800 2.744.600 10.S98.600 3.050.000 2.677.800 2.704.500 3.012.400 2.036.600 3.356.000 6.150.100 4.656.100 2.160.000 19.968,500 20,711,100 1.943.000 1.230.700 16,801,700 8.233.000 3.293.000 5.462.800 21.586,900 5.355.100 1.335.100 2.371.100 2.102.400 2.735.600 4.044.000 3.422.900 2.486.100 2.456.200 4.955.000 2.395.300 1.760.000 1.420.300 3.791.600 1.813.700 2.206.500 1.795.600 Average Am ount o f— Set Depositi Leoal other B p ecit. Tender*. than Ü. S. 9 2.090.000 2.863.000 1.564.700 3.359.000 2.325.900 861,000 4.972.900 369.600 663.600 7.510.900 678.800 702.400 644.400 102.000 123.200 452.100 309.600 540.500 5.054.000 3.254.100 1.248.900 1.776.400 794.800 1.818.400 1.187.800 299.700 632.000 2,814 900 646.800 854.500 231.200 517.700 251.000 787.000 * 727,200 1.473.800 386.7011* 5.094.801 5,424,200 100,000' 255.100 6.466.700 2.352.000 801.000 1.659.300 5.495.000 1.253.100 265.000 389.900 647.700 467.100 1.116.000 756.200 250.000 144.500 1.151.300 694.400 409.200 316.900 1,301,600 231.600 390.600 438.000 • 910.000 334.000 800.700 771.000 600,200 36.000 522.000 201.400 146.900 1.641.100 205.700 660,200 82.100 202.000 130.100 231.600 73,900 364.300 1,192,000 1,180.800 599.900 425.400 149.100 443.700 352.000 115.000 180.000 516.500 200.300 151.400 401.600 172.100 75.000 335.000 237.000 475.900 356.000 1,106,990 1.526.100 159.000 124.300 1.083,300 942.000 226.000 340.300 667.700 265.700 145.400 811.500 141.500 122.700 329.100 132.600 400.000 425.700 162,800 189,800 151.100 148,200 184.700 263.000 185.000 81.000 9.990.000 10.716.000 6.807.400 9.211.000 10.657.800 3.097.000 10.532.800 2.253.400 1.732.300 32.792,900 3.893.300 4.804.100 2,001,200 1.737.000 1.079.700 2.642.800 1.195.400 3.653.100 15.602.000 12,683,100 5.167.300 7.774.900 2.778.000 8.304 600 5.353.800 2,396,500 3.440.100 12,145,400 3.140.000 3.139.300 3.137.100 2.670.600 1.781.000 3.820.000 5.282.600 5.916.100 2.361.000 22.874.800 25.524.800 2.027.000 1.121.400 20.170.800 9.744.000 4.106.000 6.397.900 22,415,600 5.696.700 1.233.900 2.716.700 2.757.200 2.479.800 5.339.200 3.506.100 3.025.200 2.762.800 5.218.300 3.079.800 2.023.900 1.608.800 5.066.100 2.036.700 2.301.700 2.030.600 Circuís* tion. 9 45,000 45,000 262,000 90,000 103.400 691,100 220.500 2,600 537,400 43,600 975,900 45,000 44,300 317,200 45,000 180,000 169,500 45,000 Specie. L. Tender*. Deposite. 9 9 S 9 Jau .15 343,067,700 8?,038,000 24,070,700 374,187,600 < 2 2 351,443,200 89,798,500 24,013,100 330,060,900 • “ 29 353,051,000 92,851,600 23,187,300 382,961.800 49,500 930.600 43,000 224,300 360,000 45.000 43.000 43.000 262,800 200,400 220.200 180,000 4M ÒÓ 45.000 44.200 46.000 133,900 45,000 180,000 Circulation Agg. Clear'ds 9 9 7,872,200 654,516,859 7,865,400 675,749.782 7,825,000 701.859,881 RAILROAD EARNINGS. The latest railroad earnings and the totals from Jan. 1 to latest date are given below. The statement includes the gross earnings of all railroads from which returns can be obtained. L a test E a rn in g s R eported. B o ADS. B off.N .Y .A Phil. Buff. R o ch .A P itt B u r.C ed .R .A N o. C alro V . & C hio. C anadian P acific C entral I o w a .. . C hic. & A tla n tic Chio. & E ast. 111. Chic. M il. A 8 t.P . Chio. & W . M ich. Cin. H am . & D . Cin.Ind.St.L.ifcO. C in. N. O. A T .P . A la . Q t. South. N . O rl. & N. E. V ioksb. & M er. V iok s. Sh. A P . E rlan ger S yst. C in .R ich .A F t.W . Cin. W ash. A Balt Clev. A k ron & Col C ol. & Cin. M id. D en v. A R io Gr. D es. M o. < Ft.D, fc D et.L a n s’g A N o E .T en n .V a.A G a E va n s. c&Ind’plis E va n sv. & T. H. F lin t & P. M arq. F tW .A D e n .C ity Gr. R ap . & I n d .. G ra n d T ru n k . . . H o us. & Tex. Cent lu d . B loom . A W. K .C .F t.S. A G u lf. K an. C. Sp. & M. K an. C. CI. A 8p. L a k e E . & W est. E on g Isla n d ........ L ou is.E v.& S t.L . Louis v.A N a sh v . Louisv.N .O . & T. Week o r M o 3d w k J an 4 th w k J an 1st w k J an 4 th w k J an 4th w k J an 3 d w k Jan 4 tii w k J an 4 th w k J a n 4 th w k J an 3d w k J a n 4 th w k J an 4 th w k Jan 3d w k Jan 3 d w k J an 3 d w k J an 3 d w k J an 3 d w k J an 3 d w k J an 3d w k Jan 3 d w k J an 3 d w k J an 3 d w k J an 4 t h w k J an 3d. w k J an 4 th w k Jan 3 d w k J an 3 d w k Jan 4 th w k J an 3d w k J an 3d w k J an 3 d w k Jan W k.Jan.22 3 d w k J an 3 d w k J an 3 d w k J an 3d w k J an 3 d w k Jan 3 d w k .lau 4 th w k J an 3d w k Jau 3d w k J an J a n u a ry .. 1887. 4 1 ,5 0 0 4 1 ,7 3 0 4 7 ,0 3 0 15,0 69 1 8 4 .0 0 0 24,1 68 56,1 42 4 7 ,0 0 5 4 7 3 .0 0 0 17,8 07 7 7 ,7 6 6 6 8 ,7 52 6 0 ,0 13 2 8 ,0 22 1 4,557 1 2,171 12,9 83 1 2 7 ,7 4 6 6 ,393 4 5 ,1 5 5 8 .4 2 7 6 ,5 4 9 1 8 0 ,0 2 4 6 ,1 6 4 2 5,9 88 9 4 ,4 4 8 5 ,3 2 7 18,9 13 3 6,8 33 10,8 72 3 0 ,9 41 2 4 0 ,7 7 9 5 0,8 29 4 7 ,5 3 4 5 6,4 73 4 2 ,4 6 0 3 ,5 4 5 2 5,0 67 3 8,1 53 18,2 28 2 9 3 ,8 2 5 2 0 0 ,4 0 0 1886. 4 1 ,1 0 0 3 7 ,2 3 4 3 4 ,1 48 1 1,7 32 1 7 8 ,0 0 0 19,1 05 3 4,2 88 36,8 11 4 5 6 ,71 5 1 8,5 70 6 1 ,4 6 7 6 2 ,5 1 4 4 7 ,4 41 2 2 ,3 6 4 1 2 ,7 4 4 8 ,6 0 7 6 ,7 5 7 9 7 ,9 1 3 5 ,1 9 3 3 4 ,5 2 0 7 ,5 5 5 5 ,0 9 6 1 30 ,61 8 4 .9 3 6 2 3 ,7 8 4 7 8 ,0 4 7 18,1 38 3 2 ,6 0 9 t 5 ,7 3 6 2 5 ,9 6 2 2 4 9 ,9 9 0 58,911 4 9 ,0 7 4 3 8 ,6 1 5 2 0 ,0 50 3,2 8 1 2 0,9 28 3 5 ,5 6 5 1 4,4 44 2 4 9 ,2 9 0 1 59 ,74 8 Ja n . 1 to L a test Date. 188 7 . 9 1 20 ,50 0 1 22 ,01 4 4 7 ,0 3 0 5 6 ,0 69 6 1 8 ,0 0 0 7 6,0 31 1 38 ,10 6 1 55 ,96 0 1 ,4 9 1 ,0 0 0 5 2,4 09 2 2 9 ,55 3 2 2 0 ,9 6 0 162 .50 9 7 9 ,2 0 5 4 1 ,9 1 6 3 1 ,6 4 6 3 1 ,2 0 4 3 4 6 ,4 8 0 18,598 1 28 ,38 9 2 4 ,8 4 3 1 8,5 90 5 41 ,38 2 18,939 7 0,2 93 2 75 ,66 5 12,018 5 8 ,0 0 0 113 ,52 4 2 7 ,1 9 0 9 3 ,8 8 6 7 9 1 ,1 2 7 1 61 ,64 7 1 43 ,63 8 151 ,04 3 108 ,93 3 9,42* 7 5,5 82 158,854 4 7 ,3 1 0 8 1 6 ,1 4 0 2 0 0 .4 0 0 Week o r M o L ou.N .A l.& C hic. M anh attan E l . .. M a r.H o u g h .* O. M em phis AChas. •Mexican C ent’ l. Mll.L.Sh. A W est. M ilw aukee A N o Minn. A N o. W est. Miss. A T e n n . . . M obile A O h io .. N. Y . C ity A N o. b N .Y . O nt. A W . N orfolk A W est. N orthern P acific 3 d w k J au J a n u a r y .. 3d w k J an 3d w k J an 4th w k J a q 4tli w k J an 3 d w k Jan 3 d w k J an 3 d w k J an J a n u a r y .. Wk J a n .29 3 d w k Jan 4 tli w k Jan 4 th w k J an P eoria D eo. A E v. St. J o . A G d. Isl. 4th w k Jan St. L. A lton A T. H. 3 d w k Jan B ra n ch es......... 3 d w k Jan St. L. A rk .A T e x . 3 d w k J an St.L .A San.F ran. Atn.wk Jan S t.P a u l* D u lu th 4rh w k J a n T o l.A O h io Cent. 4 th w k J an V alley o f O h io .. 3 d w k Jan d W ab .S t.L . A P . 3d w k Jan W iscon sin C ent’l 3 d w k Jan M in. S t.C .A W . 3 d w k Jan W is. A M in n .. 3 d w k J a n 188 7 . 9 2 7 ,3 3 9 6 5 3 ,6 4 7 5,261 4 2,7 22 1 33 ,10 0 5 3 ,5 0 0 13,5 76 14,0 18 1 1 ,2 3 6 2 3 6 ,0 1 5 11,1 85 .19,429 6 6,3 79 1 7 4 ,7 0 6 2 91 ,11 2 4 th 5 ,0 8 7 n 2wk Ja 2 9 ,0 0 0 2 3 ,1 76 1 8 ,7 2 0 3 5 ,3 6 9 1 4 8 ,7 0 0 3 6 ,6 4 7 2 5 ,1 52 11,5 08 9 8 ,0 91 3 0 ,6 6 7 5 ,3 7 2 9 ,0 8 8 188 6 . Tan. 1 to L a test D ate. 9 2 9,1 93 5 8 1 ,5 7 3 5 ,2 6 3 28,3 21 1 04 ,69 4 3 2 ,0 3 0 9 ,9 5 3 2 ,5 9 4 1 84 ,26 3 8,4 3 2 18,024 52,907 1 5 1 ,05 7 2 7 4 ,1 8 0 2 2 ,3 98 15,8 75 2 3,5 79 14,3 58 2 8,3 98 1 0 7 ,6 6 6 1 7,5 76 16,187 9 ,5 8 6 8 5,9 67 2 1,8 90 2 ,9 0 6 1 ,893 1887. 8 5 ,5 0 4 6 5 3 ,6 4 7 15,7 22 117 ,02 2 4 1 7 ,0 0 0 1 42 ,88 5 4 0 ,5 3 3 3 9 ,8 6 4 2 8 ,2 0 4 2 3 6 ,0 1 5 3 9 ,3 5 9 5 8 ,0 1 4 2 61 ,65 5 5 4 2 ,3 7 5 2 9 1 ,1 1 2 9 2 ,8 7 5 6 7 ,5 2 3 4 9 ,9 3 4 1 04 ,67 5 386 ,50 1 1 0 8 ,68 6 8 1 ,1 3 3 30,1 89 2 76 ,96 7 76,1 29 15,5 22 2 8 ,3 2 9 1586. 9 7 7 ,2 1 9 5 8 1 ,5 7 3 1 3 .0 0 5 8 4 ,5 3 2 3 1 6 ,8 7 5 9 7 ,0 7 9 2 7 ,6 5 5 8 ,3 7 6 1 8 4 ,2 6 3 3 4 ,0 3 5 5 4 ,0 7 2 2 0 0 ,8 5 7 4 8 0 ,3 7 0 2 7 4 ,1 8 0 5 4 ,9 2 1 7L600 [5 3 .3 5 9 6 1 ,7 6 5 3 8 ,0 9 3 8 5 ,1 9 4 2 8 2 ,6 0 7 5 7 ,1 2 2 5 2 ,0 0 2 2 5 ,7 0 2 2 2 5 ,7 2 4 5 9 ,3 2 0 6 ,9 1 2 5 ,8 4 9 • M e x ica n cu rre n cy b F igu res o f earnings fo r la st y e a r h a v e b een a d ju sted so as to m a k > b asis o f co m p a rison th e sam e as this year. d In clu d in g o n ly 1 ,136 m iles o f ro a d in b o th ye a rs. 436,400 T o t a l ................ 353,051,000 92,851,600 25,187,300 382,961,8001 7.825.C00 Loans. L a test E a rn in g s R eported. R oads. 442,200 The following are totals for several weeks past: 1887. 177 188 6 . 9 1 1 2 ,2 0 0 117 ,11 5 34,1 48 3 5 ,4 7 6 5 0 0 .3 5 8 5 8 ,5 0 4 1 0 6 ,3 9 8 135 ,88 3 1 ,4 4 5 ,1 7 4 5 5 ,3 2 9 2 0 0 ,66 9 195 ,99 5 1 24 ,19 7 5 8 ,2 9 0 3 4 ,0 48 29,7 41 2 2,2 56 2 6 8 ,5 3 2 1 5,3 74 9 6 ,9 4 7 2 2 ,3 3 3 1 4,8 29 4 0 4 ,9 0 3 1 3,0 36 6 5,7 70 2 1 9 ,94 1 5 1 ,1 7 7 100 ,87 3 18,6 59 7 6 ,5 3 6 7 3 4 ,5 5 6 1 58 ,30 9 125 ,81 9 1 10 ,51 2 5 3 ,7 4 7 7 ,7 2 8 5 4 ,4 4 3 1 5 3 ,0 3 3 4 1 ,1 0 4 6 7 3 ,5 4 5 159 .74 8 L a test E a rn in g s R eported. R oads. Week o r Mo 1886. 1885. Jan . 1 to L a test Date. 188 6 . 1885. $ $ ,318,024 Atoh. T . & 8 . F . . N ovem ber. 1,719,355] l , 603 ,41 3 14,459 378 ,32 3 ,0 93 1 07 ,84 6 1,335 844 109 ,60 8 Balt. & P o to m a c D ecem b er. 7 4 0 698 9 0.4 08 Cal. S o u th e r n ... D ecem ber. 28,2 19 599 091 29,5 97 5 6 1 ,3 4 7 {C am den & A tl D ecem b er 17,8 65 226 700 2 0 5 ,9 6 8 2 0,8 17 C p .F ’r A Y a d .V a l D ecem b er. 3 6 1 ,2 3 4 3 3 9 ,3 0 0 3 1 4 ,1 9 5 4 ,0 9 3 167 Ofiesap. * O hio. D ecem b er. 5 7,7 32 7 0 6 ,4 6 7 935 6 83 7 9 ,0 0 0 E liz.L ex .A B .S . D e cem b er. 5 7 1 ,1 5 5 1 6 5 ,5 0 0 1 4 7 ,5 8 6 1,711 9 5 0 Ches. O. < S. W . D e cem b er. fc ,993,170 1 5 9 ,2 1 4 1 5 8 ,8 6 0 8,0 3 5 ,826 C h ica go * A lton 4th w k D e c ,22 6 ,4 52 Ohio. B url. A Q . N ovem ber. 2 ,2 5 6 ,3 4 0 3 18 ,05 3 24,3 59 ,977 6 0 1 ,2 0 0 25,2 96 ,293 ,301,058 Chio. A N o rth w . 4th w k D ec 6 1 1 ,1 0 0 ,81 4 ,8 10 1 3 0 ,8 0 0 6 ,1 5 2 ,116 1 54 ,90 0 C h.8t.P .M in.A O . 4th w k D e c 1 1 8 ,2 0 2 12,0 19 1 65 ,432 16,0 09 Cin. J. & M ack.. N ovem ber. 2 9 1 ,3 1 5 2 6 ,4 83 3 56 ,916 2 9 ,1 96 Olev. A C an ton . D e ce m b e r. ,3 2 3 ,7 51 3 7 4 ,1 2 4 3 2 9 ,3 9 5 3,801 ,660 C lev.C ol.C . A Ind N ovem ber. 2 0 9 ,4 1 6 2 ,4 5 2 ,027 ,3 1 1 ,0 04 2 43 .55 7 Col. H o ck .V .A T . D eoem ber. 2 2 4 ,8 7 0 2 36 ,035 1 6 ,6 93 17,311 D a n b u ry & N o r. D e ce m b e r. ,0 2 1 ,0 89 7 4 ,2 3 8 1,051 ,900 9 0 ,5 0 0 D en v. A R . G. W .lD ecem b er. 2 42 ,022 24,5 42 D e t.B .C ity A A lp . D ecem b er. 1 22 ,02 2 1 12 ,41 5 F la .R y .& N av.C o D e ce m b e r. 845, ,526 6 7 4 .3 0 6 7 9 ,3 4 4 9 6 .4 0 9 G eorgia P a cific,. D e ce m b e r. 8 4 9 .4 2 9 2 00 ,73 2 2,288, 0 28 2 3 4 ,6 8 9 G o lf C ol. A S . Fe. D e ce m b e r. 9 4 2 .9 2 8 126 ,46 1 10,745, 226 ni.Cent.(Ill.<&So) D e ce m b e r. 1 ,0 8 1,76 1 1 4 0 .1 7 7 171, ,573 15,4 54 1 2,4 47 C edar F .A M in. D e ce m b e r. 9 1 1 ,6 3 1 948, 3 22 87,3 67 7 9 .7 4 3 D u b .A S io u x C . D ecem b er. 6 2 6 ,5 2 8 635, ,303 5 7 ,8 6 0 5 9 ,0 54 Ia. F a lls A 8 .C . D ecem b er. 6 7 8 ,3 3 6 160 ,68 1 1,755, ,197 1 51 ,24 4 T o t. I o w a lin e s D e ce m b e r. 6 2 1 .2 6 4 287 ,14 1 12,500, ,424 T o ta l a ll lin e s. D e ce m b e r. 1 ,2 3 3,00 5 3 8 7 ,9 9 1 55,3 74 4 51 ,901 4 3 ,3 2 8 Ind. D eo. A S pr. D ecem b er. 1 1 0 ,7 7 7 2 9 6 ,595 14,4 38 5 2 ,1 03 J ack.T am .& K .W D ecem ber. 1 8 0 ,7 4 8 217, ,134 1 9 .3 19 2 0.7 43 L e h ig h * H u d s o n D ecem b er. 5 4 1 ,4 6 9 626i ,825 88,1 08 1 04 ,63 8 L.R k. A F t.S m ith N ovem ber. 3 1 1 .3 0 6 3 43 ,897 5 4 ,8 9 4 5 7,1 59 L .R k.M .R . A T e x N ovem ber. 5 1 9 ,0 7 1 ,261 53,0 31 507, 5 2 ,4 72 L o u is .* M o. R iv N ovem ber. '1736, ,940 67,001 7 9 9 .9 2 8 62,481 L y b e n s V a lle y . D ecem b er. 5 1 1 ,5 5 1 1 2 9 ,6 6 5 1,729, ,113 150 ,10 5 ‘ A lex.N .,all lines D e cem b er. 1 9 0 ,3 0 8 224, ,064 2 1 ,8 67 2 0 ,3 3 2 M ich. & O h io ... D ecem b er. 5 8 4 .2 6 4 1 7 1 ,55 5 1,400; ,436 1 61,854 M inn’ap . & St.L. N ovem ber 1 3 4 ,5 2 7 1 9 3 ,32 7 2,400, ,771 2 2 9 ,9 4 6 N ash.C h . & 8 t.L . D ecem b er. 4 9 5 ,8 7 3 32,651, ,015 3 1 0 ,1 8 4 T fN .Y .C .& H .R ... D ecem b er. 2 ,9 4 5,06 3 0 4 5 ,3 7 3 5 0 5 ,88 5 18,712, ,428 c N .Y .L .E r ie * W . D ecem b er. 1,582,598 1 6 7 .1 7 7 5 3 9 ,7 0 9 6,308, ,938 5 9 1 ,9 8 6 N. Y . P a. & O . D ecem b er. 4 4 6 ,0 9 3 3 0 9 ,1 7 9 3 ,9 5 7 ,598 3 2 0 ,7 8 6 N .Y . A N e w E n g . D ecem b er. 0 9 2 ,3 5 5 1 ,1 2 9 ,440 86.40A 1 12,545 N .Y .S usq.A W est D ecem b er. 4 9 0 ,9 2 2 5 0 7 ,6 9 9 5,474; ,617 4 5 7 ,8 0 9 N orthern C ent’l. D ecem b er. 4 7 9 ,0 3 5 508 ,758 53,0 84 3 2 ,8 39 Ohio S o u th e rn .. D ecem ber. ,653,766 2 3 5 ,8 0 7 2,7 3 5 ,013 2 8 6 .2 8 9 O regon Im p. Co. N ovem ber. ,102,738 4 9 2 ,4 5 0 5,3 4 5 ,652 4 03 ,15 2 Oreg. R . * N. Co. D ecem b er. ,677,725 1 7 7 ,8 0 0 1,778; ,606 1 6 0 ,3 2 0 Oreg. Short L ine N ovem ber. ,615,027 50,3 79 ,068 P e n n sy lv a n ia .. . D ecem ber. 4 ,4 2 8,21 6 ,046,682 ,2 9 2 ,2 5 4 2 79 ,42 9 3,7 0 8 ,484 3 0 1 ,1 7 4 Phila. A E r l e . . . . D ecem ber. ,2 8 6 ,7 91 ,589 tP h lla .& R e a d g . D ecem ber. 1,576,714 ,648,777 29,511 9 6 0 ,8 2 6 D o C. & Iron D ecem ber. 1,342,525 ,345,258 15,8 43 ,679 ,9 7 1 ,6 3 6 3 48 ,13 2 4 ,0 5 5 ,504 3 3 5 ,4 6 4 R lchm ’d A D a n v. D ecem b er. ,556,632 1 24 ,16 0 1 ,5 5 0 ,651 121 ,72 9 Va.M idI’d D iv . D ecem ber. 8 1 0 ,9 0 6 7 76 ,451 7 6,3 49 6 4 .4 2 0 So. Car. D iv .. D ecem b er. 6 9 6 ,6 5 3 5 99 ,649 7 5 ,7 3 4 54,1 88 C o l.& G r .D iv .. D ecem ber 4 7 6 ,6 5 0 529 ,041 3 9 ,5 74 4 0 .4 2 0 W est.N o.C .D iv D ecem ber. 7 ,7 2 6 9 ,9 4 0 W ash.O. A W . . D ecem b er 1 5 5 ,6 1 6 2 ,6 8 9 ,4 9 3 1,741.*,163 2 33 ,29 4 tR om e W .& Ogd. D ecem b er. 6 8 6 ,8 5 0 7 ,3 9 3 ,8 8 4 7 ,5 2 1 ,1 3 8 6 87 ,03 0 S c.P .M in.A M an. D ecem b er. 6 2 2 ,19 8 5 2 ,7 42 6 1 ,5 3 6 S cioto V a l l e y . . . N ovem ber. 6 3 6 ,7 7 9 686,3401 5 7 ,7 65 S henandoah V al N ovem ber. 7 1,0 53 1 22 ,50 9 1 ,1 2 0,06 8 1 ,1 5 1 ,8 4 0 9 7 ,4 3 0 South C a ro lin a .. D e ce m b e r. S o.P ac.C om p ’y 3 4 3 ,9 3 5 2,3 5 2 7 93 2 ,8 6 6 ,3 6 7 2 1 1 ,9 7 5 G al.H ar.& S .A . N ovem ber. 42 4 89 8 ,2 3 5 4 ,6 8 4 G .W .T e x .A P .. N ovem ber. 5 4 8 ,6 7 1 578 , 6 27 64.V38 5 7,3 59 L o u ls’a W est. N ovem b er. ,6 8 3 ,3 82 4 6 5 ,3 5 3 3 ,6 5 8 143 3 9 8 .55 8 M orga n ’s DAT N ovem ber. 144, 7851 24,751 15,7 96 N. Y .T . & M e x . N ovem b er. 8 96 0 1 4 1 8 9 2 ,2 3 2 9 1 ,9 9 0 9 4 ,9 1 7 T e x . & N . o r l . N ovem ber. T ot.A t.S y stem N ovem ber. 7 8 3 .2 9 0 9 9 8 ,5 0 2 7 ,6 7 2 825( 8 ,2 2 1 ,7 7 6 ,6 3 1 ,1 29 T o t. P ao. S y s .. N ovem ber. 2 ,0 4 1,71 9 ,715,519 2 1,2 84 274 ,8 5 2 ,9 0 2 T o ta l o f a ll___ N ovem ber. 2 ,8 2 5,00 9 ,714,021 28,9 57 0 97 6 6 9 ,6 2 4 7 99 521 4 1 ,6 3 7 4 4 ,5 9 2 Staten Isl’d R .T r D ecem b er. ,3 9 6 ,6 7 7 7 3 624 1 1 1 ,1 7 0 1 03 ,90 6 Sum m it B ra n ch D ecem b er. ,6 7 2 ,4 8 4 6 9 9 ,2 3 7 6 ,0 5 9 ,370 7 6 9 ,2 3 7 T e x a s & P a cific D ecem b er. 2 9 .3 1 9 4 1 ,3 5 3 r o l.A . A . & N .M . D ecem b er. U n ion P a c i f i c ... N ovem ber. 2 ,3 5 1,43 1 ,38 ¿,206 2 4,2 6 0 ,2 5 4 2 3,3 7 1 ,5 5 7 86.8 65 1 .3 5 2 .4 6 0 1 ,2 8 6 .0 1 3 8 3.5 69 { W est J e r s e y ... D ecem b er. e N ot in clu d in g earnings o f N ew Y o r k P e n n sy lv a n ia A O hio. * M e x ica n cu rren cy, ITIn clu d in g W est S hore in 188 6 . t N ot in clu d in g C entral o f N e w J e rse y in D e ce m b e r in eith er y e a r. { A n d B ranch es. THE CHRONICLE 178 GENERAL [V QUOTATIONS OP STOCKS AND ol. J L IV BONDS. sent th e p er cen t va lu e, w h a te v e r th e p a r m a y b e ; re o fte n used , v iz.: “ M.,” fo r m o rtg a g e ; “ g .,” f o r : ■eonsuuu aieu : ™ u » ., ^ „ „ a v e r t i b l e ; “ s. f .,” fo r sin k in g fu n d ; “ 1. g .,” fo r lai Q u ota tion s in N ew Y o r k a re t o T h u r s d a y ; fro m o th e r c itie s, t o la te m a il d a tes. co n s ., Subscribers w ill confer a favor by giving notice o f any error discovered iu these Q u otation s. U n it e d S t a t e s B o n d s . B id . A sk . Ci t y S e c u r it ie s . B id. A sk. Ci t y Se c u r it ie s . B id . A sk . 121 L yn n,M as.f 0,o ».)-W a t.ln .,6 s ,’ 96.J& J 1 20 5s, 1 9 0 5 ........|............................. M&N1 118*2 1 1 9 V 110 111 M acon , G a.—7 s .......................... 116 M anchester, N .H .—6s, 1 8 9 4 ----- J&J1 114 127 6s, 1 9 0 2 ................ J&J 125 103*2 1 05 4s, 1911 ............................................ . 102 M em phis,T en.—T a x.D ist. S h e lb y C o , 18 M ilw aukee, W is.—5 s, 1 8 9 1 ... J & D ! 1 00 108 7s, 1 8 9 6 -1 9 0 1 ............................. V ar. 7s, w a te r, 1 9 0 2 ............„ ............ J&J 109 M inneapolis— Is, 1 9 0 6 -1 91 6 . V ariou s t i o o 100 % 5s, 1 8 9 3 ............................... _.Va>ious1 112*4 1 15 8s, 1 8 8 6 -1 9 0 5 .........................Various 1136 142 4*2S, 1 9 1 6 ........ V ariou s H 0 4 106*3 73 M obile, A la .—3 -4 -5 s , fu n d ed ..M & N 71 M o n tg om ery, A la .—N ew 3s .. J & J 75 104 95 5 s, n e w ................... ................................ N ash ville, T en n .—6s, s h o rt................. 6s, lo n g ............... ............... ................. . 106 id i N ew a rk —4s, lo n g ...................... 1 07 4*2S, l o n g ................... . — ........... 106 111 5s, lo n g ................... .............................. 110 1 20 117 6s, l o n g . . . ................................... .V ar.i 7 s, lo n g .................. V ar.i 120 1 2 2 127 125 137 N ew B ed ford ,M a ss.— 6s, 1 9 0 9 . A&Ot '1 3 4 113 1 15 5s, 1 9 0 0 ,W a te r L o a n ..............A .& O N. B ru n sw ick , N. J .—7s, v a r io u s .. .t 104 6 s ...................................... -1 100 N ew O rléans, L a.— P rem iu m bonds. 114*s 114*3 107 C on solid a ted 6s, 1 8 9 2 ...............V a r 105 113 N ew p ort, K y .—W ater bonds 7 -3 0 s.. 111 130 128 N ew Y o r k C ity—5s, 1 9 0 8 ................... 1 1 04 6s, 1 9 6 7 ................................................ . 103 125 127 6s, 1896 ....................'.......................... 134 6s, 1 9 0 1 ................................................ 132 114 115 7s, 1 8 9 0 ............. ....................... .. 132 131 7s, 1 8 9 6 ......................................... 147 7s, 1 9 0 1 ............................i .................. 142 N ew ton —6s, 1905, w a te r lo a n .. J&J 133*2 1 3 3 % . 5s, 190 5 , w a te r lo a n ................... J&J 119*2 120*3 N orfolk.V a.— 6 s,re g .stk ,’7 8 -8 5 .. J&J 8s, co u p ., 1 8 9 0 -9 3 ..................... V ar A u gu sta , M e.—6s, 1 9 0 5 , F un d . J& J 121 122 U N IT E D S T A T E S B O N D S. 4 * 3 8 ,1 8 9 1 ............................ r b g . .Q —M x09*8 109*4 A u gu sta , G a —7 s — ............. Variour 109 112 120 4*38, 1 8 9 1 ..........................c o u p .. Q —M 11C *4 110*2 A ustin , T e x a s —1 0 s ............. — ........... 115 4 s , 1 9 0 7 ...............................r e g . . . Q —J 128*2 128% B altim ore—6s. c o n s o l., 1 8 9 0 . Q —J 107*2 108 6s, B a lt. & O. lo a n , 1 8 9 0 ........Q—J 107*2 4 s, 1 9 0 7 ............. . . . . . . . c o u p .. .Q —J 128*2 128% 6s, P a rk , 1 8 9 0 .......................... Q—M 108*2 3s, o p tio n U . S . . ...............r e g -.Q .—F. 100 6s, b o u n ty , 1 8 9 3 .......................M & S 114*2 6 s, C u rren cy , 1 8 9 5 .........r e g — J&J 126 6s, do e x e m p t, 1 8 9 3 .. . M & Bj 115 128% 6s, C u rren cy , 1 8 9 6 .........r e g — J&J 5s, w a te r, 1 8 9 4 ............ J&J 110*2 6s, C u rren cy , 1 8 9 7 .........r e g — J& J 131*2 117 6s, 1 9 0 0 ..................... J&J 6s, C u rren cy , 1 8 9 8 .........r e g ....J & J 134*4 6s, W est. M d. R R ., 1 9 0 2 . . . . J&J 123 6 s, C u rren cy , 1 8 9 9 .........r e g — J&J 1 3 6 78 5s, 1 9 1 6 ................ M&N 1283j 129*5 S T A T E S E C U R IT IE S . 114 4s, 1 9 2 0 .....................- ................... J&J A la b a m a —Class “ A ,” 3 t o 5 , 1 9 0 6 . . . 107JÌ 109 109 B an gor, M e.—6s. R R .,1 8 9 0 -’94. V ar.i 107 Class “ B ,” 5s, 1 9 0 6 ............................ 109 6s, w a te r, 1 9 0 5 .......................... J& J i 124 125 Class “ C ,” 4s, 1 9 0 6 .......................... 104 106 ____ 111 6s, E .& N .A . R a ilro a d , 1894..J& J1 109 6 s, 10-2 0 , 1 9 0 0 ......................... J & J 105 114 10 6s, B . & P isca ta q u is R R .,’ 9 9 ;A & 0 1 111 A rk a n sa s—6s, fu n d ed , 1 8 9 9 . . J & J 101 30 B a th ,M e .—6 s,ra ilro a d a i d . . . . . V a r 100 7s, L. R . & F t. S. issue, 1 9 0 0 . A & O 26*2 30 5s, 1 8 9 7 , m u n ic ip a l.......................... 101*2 103 7s, M em p his & L. R ., 1 8 9 9 ..A & O 20 106 26 B e lfa s t, M e.—6 s ,r a ilr o a d a id , ’9 8 . . 1 105 7 s ,L . R .P .B . & N .O ., 1 9 0 0 ,.A & O 21 B oston ,M a ss.—6 s,cu r J o n g ,1 9 0 5 Y a ri 132 134 28 7 s,M iss .O . & R .R i v ., 1 9 0 0 ..A & O 116*2 117*2 6s, cu rre n c y , 1 8 9 4 .............. .. ..V a r . 7*2 7 s, A rk . C en tra l R R ., 1 9 0 0 . A & O 5 5s, g o ld , l o n g ................ V ar.i 123*2 124 7 s, L e v e e o f 1 8 7 1 , 1 9 0 0 . . . . . J & J 11.6 4*2S, 1 9 0 8 ......................... A&O 114 C a liforn ia —6s, fu n d ed d e b t o f 1 8 7 3 ” 4 s, cu rre n cy , lo n g ....................... J&J 106*2 108 C o n n e c ticu t—5s, 1 8 9 7 ..............M & N *100 115 116 B rook ly n , N .Y .—7 s, 1 8 9 0 ................... N ew , re g ., 3*2S,1 9 0 4 .............. .J& J *103 6s, W a ter, 1 8 9 1 .................................. 112 114 N ew , reg. o r cou p ., 3 s, 1 9 1 0 .......... *100 129 130 6s, W a ter, 1 8 9 9 .................................. D is tr ic t o f C olu m bia— 6s, P a rk , 1 9 2 4 ........................ ............ 147 149 C ons. 3-65s, 192 4 , c o u p ............F & A 119*2 121 155 1 80 121 7 s, P a rk , 1 9 1 5 .................................. Cons. 3-65s, 1 92 4 , r e g ....................... 7s, B rid g e, 1 9 0 2 ............¿ . . . . . .......... 140 142 F u n d in g 5s, 1 8 9 9 .......................J& Jt 113 160 7s, B rid ge, 1 9 2 0 ................................. 155 P erm . im p . 6s, gu a r., 1 8 9 1 ...J&Jt 109% 110% 109 7 s, K in g s C o., 1 8 8 8 ...... ................... 108 P erm . im p . 7s, 1 8 9 1 ..................J& Jt 1135s 100 6s, K in g s C o., 1 8 8 6 ................ ........... W ash.—F u n d .loa n (C on g.)6 s,g.,’ 92f 110 % 129*2 B uflalo, N. Y —7 8 ,1 8 9 5 ..............V a r.i 115 F un d . lo a n (L e g .)6 s ,g ., 1 9 0 2 Yarl 128 7 s, w a te r, lo n g ........................... Var.t 135 M a rk et s tock , 7s, 1 8 9 2 .................... 1 1 4 is 6 s, P a rk , 1 9 2 6 ........................... M & Si 115 W a ter stock , 7 s, 1 9 0 1 ....................... 130 C am bridge, M ass.—5s, 1 8 8 9 ... A&Ot 101*2 102*5 do 7s, 1 9 0 3 ....................... 131 6s, 1 89 4 . w a te r lo a n ..................J&J 116 117 F lorid a —C onsol, g o ld 6 s......... J & Jt 110 109 6s, 1 89 6 , w a te r l o a n ..................J&J 119*2 120*2 G e o r g ia —7s, g o ld b o n d s, 1 8 9 0 . Q—J 133 6s, 1 9 0 4 , c it y b o n d s ............. .J& J * 131 4*ss, 1 9 1 5 ...................................... J& J iôà” 105*i C harleston, S.C.— 6 s,st’k ,’7 6 -9 8 ..Q -J 9 0 K a n sa s—7s, lo n g ............................ J& J 7s, fire lo a n b o n d s, 1 8 9 0 ----- J & J 20 L ou isia n a —N ew co n . 7s, 1 9 1 4 ..J&J 93 7s, n on -ta x b o n d s .............................. 110 S tam ped 4 p e r c e n t........................... 8158 N orw ich , Ct.—5s, 1 9 0 7 ........ ...A & O t U 7 ~ Ì2Ó 49*2 4 s, n o n -ta x a b le .................................... 90 B a b y b o n d s, 3s, 1 8 8 6 ............. F & A 47 140 145 C helsea, M ass.—6s, 1897,w a te r loani 120*2 123 M aine—4 s, 1 8 8 8 ........................... F& A 100*3 101 115 1 20 O ran ge, N. J .—7s, l o n g .............. 115*2 106*2 C hicago, 111.—7s, 1 8 9 2 -9 9 ......... W a r d e b ts assu m ed , 6 s ,’ 8 9 .A & Oi 106 O sw ego, N. Y .—7s, 1 8 8 7 - 8 - 9 ...------- 104 113 6s, 1 8 9 5 ...................1.................. M a ry lan d —6s, e x e m p t, 1 8 8 7 ... J&J 127 P aterson , N. J .—7 s, lo n g ...............V ai 125 107 4 * 2 8 ,1 9 0 0 ................................... 6 s, H osp ita l, 1 8 8 7 -9 1 ............. J&J 100 120 122 LOO 6s, lo n g ............................- .......... 3-65s, 1 9 0 2 ........................ . ... 6s, 1 8 9 0 ............. ; ........................ Q—J 100 112 115 5s, lo n g ........................................ C ook Co. 7 s, 1 8 9 2 ............. . . . . 5s, 1 8 9 0 ........................................ Q—J 106 107 107 4*28, lo n g ...................................C ook Co. 5s, 1 8 9 9 ...................... 3-65s, 1 8 9 7 ................ ...J & J 105 103 105 4s, lo n g ......................................... 105*4 106 C ook Co. 4 * 2 8 ,1 9 0 0 ................ M assachu setts—5s, g o ld , 1 89 1 . A & O 107*2 108*2 107 109 102% W est C h ica go 5s, 1 8 9 0 ........... 5s, gold , 1 8 9 4 ...........................J & J 1 112*2 113*2 &§s 120 105 8 s............................ L in co ln P a rk 7s, 1 8 9 5 ............. 5s. gold , 1 8 9 7 . . . ........................ M&8 116*2 117*2 120 125 8s, special t a x . . . 109*4 W est P a rk 7 s, 1 8 9 0 ............. . M ich ig a n —7s, 1 8 9 0 ..................... M&N 108 105 105 105*2 Philadelphia, P a .South P a rk 6s, 1 8 9 9 ............... M inn esota—A d j. 4 * 2 8 ,1 9 1 1 ,1 0 -3 0 .. 103 135 C in cinnati, O .—6s, 1 8 9 7 ......M & N 1 116 M issouri—6s, 1 8 8 7 ......................J & J 100*2 105 134*2 P ittsburg, P a.—4s, cou p ., 1 91 3 .J& J 103 115 7-30s, 1 9 0 2 .......................................... 1 1 3 4 F u n d in g b on d s, 1 8 9 4 -9 5 ___ J & J 5s, reg . and co u p ., 1 9 1 3 ........ J& J. 116 1 17 4 s ........................................... - ___ J&Jt 100% 101*« L o n g bonds, ’ 8 9 - 9 0 ............. . . J & J 07 1 20 121 6s, go ld , r e g ............................... V ar 136*2 112 Southern R R . 7-30s, 1 9 0 6 __ J & Jt 135 A sy lu m o r U n iv ersity , 1 8 9 2 . J & J -*«t 7 s, w a ter, r e g .& c p .,’9 3 - ’ 9 8 ...A & 0 . 128 123 do 6s, g .,1 9 0 6 .........M & N 1 122 H an n ib a l & St. J o ., 1 8 8 7 ___ J & J 100*2 5s, R e fu n d e d , 1 9 1 2 ............................ 111 do Cur. 6s, 1 9 0 9 ____F & A t 122 124 N ew H a m p sh ire—5 s , 1 8 9 2 ... ..J & J 107*2 108 108 1 10 4s, do 1 9 1 5 . . . ...................... do Skg. fd . 5s, 1910M & N t 114 115 W ar loa n , 6s, 1 8 9 2 -1 8 9 4 ........J & J I 111*2 114 112 114 104*2 H a m ilton C o., 4 s .............................. ' 1 03 W ar loa n , 6s, 1 9 0 1 -1 9 0 5 ........J & J 127*s|l30 125 6s, ra ilro a d a id , 1 9 0 7 ............M&S 1 24 132 101*4 101 % C leveland,O .—7s, 188 7 ............V a r Mew J e rs e y —6s, 1 8 9 7 -1 9 0 2 ___ J&J* 125 P ortsm ou th , N .H .—6s, ’ 9 3 ,R R . i t “ ' 111*2 112*3 122 121 125 7s. 189 4 , fu n d e d d e b t.............. A&O 120 6 s. e x e m p t, 1 8 9 6 . . . ................. J&J* P oughkeepsie. N. Y .—7 s, w a te r 126 7s, 1 8 9 6 , ca n a l......................... ..M & S 124 D e w Y o r k —6 s ,g o l d ,r e g ., ’ 8 7 . . . J&J 101 115*2 116*3 6s, 1 8 9 8 ............ Var, 119*2 120*2 6s, g o ld , co u p ., 1 8 8 7 ............. J & J 101 126 127 5s, 1 8 8 7 -8 9 ....................... Var, 100*4 101 OB g o ld , 1 8 9 1 ............................ J & J 1 12 1 22 121 13 .V a r 112 115 C olum bus, Ga. -7 s . 6s, g o ld , 1 8 9 2 ............................ A & O 141 142*3 101 102 6 s, gold , 1 8 9 3 ......................... .. A & O rli0 6 C ovin g ton . K y .—7-*30s, l o n g ............ 114*2 116 N o.O arolina—6s, old , 1 8 8 6 -’ 9 8 ..J & J 35 103*2 7-30s, s h o rt...................... .................... 103 6 s N. C. B R ., 1 8 8 3 -5 ........J & J H 170 112*2 110 140 W a ter W orks, 1 8 9 0 ......................... 6s do 7 cou p on s o f f ___ A& O 1 43 D a llas, T ex a s—8s, 1 9 0 4 ...................... 110 6s, fu n d in g a c t o f 1 8 6 6 .1 9 0 0 J&J 12 100 101 110 115 22 10s, 1 8 9 3 -9 6 ........................................ 6s, n e w bon d s, 1 8 9 2 -8 ............... J& J 85 W ater, 6s. 1 9 0 0 .................................. 100 103 6 s, C hath am R R .........................A & O 10 100 100*3 D e tro it, M ich .—7s, lo n g .............V a r. 1 20 11*2 6s, sp ecia l t a x , cla ss 1 ,1 8 98 -9 A & u 6s, 1 8 9 2 ................. ............... .. ..V a r . 109*2 110*4 101 7 s, w a ter, lo n g .......................... V ar. 125 4s, n ew , co n s., 1 9 1 0 ............... J & J 100 109% 110*3 79 126 E liza beth , N . J .—N ew 4s, 1 9 1 2 . J& J 77 6 s, 1 9 1 9 .....................................A & O 125 103*2 104*3 E va n sville, In d —7s, lo n g , V a rio u s P en n a.—5s, n ew , reg ., ’ 92-1902.F& A 120 102% 1 03 % 131 4s, 120 F a ll R iv e r, M ass.—6s, 1 9 0 4 — F & At 129 4 s, reg ., 1 9 1 2 ............................. F & A 123% 124*3 120 5s, 1 8 9 4 , g o ld ............................ F& At, 108*2 109*2 R h od e Isl’d—6s, 1 8 9 3 -4 , c o u p ..J & J 115 103 104 121 119 6 7 ..F & A t 5s, 1 9 0 9 ..................... S outh C arolina—6s, N on-fund., 1888 110*2 8t. P aul, Minn.- -4 s, 1 9 1 2 . F itch b u re, M ass.—6s. ’ 91, W . L . . J&J1 109 B row n co n s o ls ................................... . 107 66 4 *28 , 1 9 1 6 ... 65 G a lveston , T e x .—8 s,1 89 3 -1 9 0 9 .M&8 101 103 T enn essee—6s, u n fu n d e d .................... 5s, 1 9 1 5 . . . . . : 98 77 5s, 1 9 2 0 ..........................................J & D 94 C om prom ise b on d s, 3-4-5-6s, 1912 75 6s, 1 8 8 9 ......... 15 104 110 H a rtfo rd , Ct.—C ity 6 s, v a r . d a te s ..t 105 S ettlem ent, 6s, 1 9 1 3 ............. 7s, 1 8 8 8 .......... 100 C ap itol, u n ta x , 6 s ...........................* 122 - 125 S ettlem en t, 5s, 1 9 1 3 ............. 8s, 190 4 . 104 78 H a rtfo rd T o w n 4*28, u n ta x ........... 1 102 78*2 S ettlem ent, 3s, 1 9 1 3 .............. Salem, Mass.—6s, long, W. L. A&Oi. 105 H a verh ill, M ass.—6s, 1 8 8 9 ... A&Oi 104 T e x a s —6s, 1 8 9 2 ...........................M&S1 110 5s, 1904, W. L ..........................J&J ♦ 115 H ob ok en , N . J .—5s, l o n g .................... 113 7s, g o ld , 1 8 9 2 - 1 9 1 0 ..............M&S1 115 San Francisco—7 s,sch o o l....... Var.* 119 6s, lo n g ............... ........... . . . . . . . .......... 116 7s, g o ld , 1 9 0 4 . . : .........................J&J1 130 Savannah funded 5s. consols............ 122 1 24 109 7s, lo n g .......................................- ........... V erm on t—6s, 1 8 9 0 .................... J & I) 107*2 Somerville, Mass.—5s, 1 8 9 5 ..A&OI 45 H ou ston , T e x .—1 0 s ....................... — V irgin ia r-6 s, old , 1 8 8 6 -’ 9 5 ___ J & J 48 5s, 1905................................... A&Ot 6s, fu n d e d ...................................- ......... 45 6s, n e w bon d s, 1 8 8 6 -1 8 9 5 .. . J & J 48 Springfield, Mass.—6s, 1 9 0 5 ..A&Ot 54 India n a p olis,In d .—7-30s,’ 93-9, J & J1 110 6s, con sols, 190 5 . e x -c o u p ........J&J 7s, 1903, water loan.............. A&Ot 108 109 J ersey C ity—6s, w a te r, lo n g , 1 8 9 5 .. 6s, co n so l., 2 d s e rie s ................... J&J 65 Toledo, O.—7-30s, RR ., 1900.M & N t 7s, w a ter, 1 8 9 9 ,1 9 0 2 ................. J&J 122 125 6s, deferred b o n d s ............................. 15*4 15% 8s, 1893-94...............................Var. t 1 10 113 36 7s, im p ro v e m e n t, 1 89 1 -’ 9 4 .. . .V a r. T a x-receiva ble co u p s .,fro m eon s’ ls 34*2 Washington, D.C.—See Dist. of Col. 120 7s, B ergen , lo n g — ...................J& J 118 35*2 Do fro m 10-40s. 35 Wilmington, N.C.—8s, gold, cou. on . 120 118 H ud son C ounty 5s, 1 9 0 5 .........M&S 66*2 67 F u n d in g b on d s, 3s, 1 9 3 2 .........J& J Worcester, Mass.—6s, 1892. ..A&Ot 43 H ud son C ou n ty, 6s, 1 9 0 5 ........J& J 126 10-40s, cp . & re g ., 3 to 5 ,1 9 1 9 . J & I 5s. 1905......................................A&O 116 H u d son C ounty 7s, 1 8 9 4 ........J& D 1 14 4s, 1905.................... A&O B a y on n e C ity , 7 s, l o n g ............. J&J 112 C IT S S E C U R IT IE S . R A IL R O A D BONDS. 116*2 117 L a w re n ce ,M a s s.—6s, 1 8 9 4 .. .A & O t A lb a n y , N . Y .—6s, lo n g ....Y a r io n s l 120 127*2 (Bonds o f companies consolici’ ted will 6 s, 1 9 0 0 .........................................A& O 126 7s lo n g ................................................... 135 be fou n d under the consol’d name.) L o n g Isla n d C ity , N .Y —W ater.7s,’95 102 A lle g h e n y , Pa.—5s, e p ., ’ 8 3 -9 7 ..V a r. 100 106 113 Ala. Gt. Southern—1st m ort., 1908} L ou isville, K y .—7s, lo n g d a te s . V »rJ 121 122 4*28, cou p ., 3 8 8 5 - 1 9 0 1 .. ... .. . Var 100 105 1 06 Debenture scrip, 6s, gold, 1S06.. | 1 04 110 7 s, s h ort d a te s ............................ V ar.i 4s, cou p ., 1 9 0 1 ...................... Yar 105 76 Ala. N. O. T. &c. 1st deb. 6s......... 6s, l o n g ....................... V a r .J 112 A lle g h e n y C o., 5s, c p ., 1 9 1 3 .J & J § 102 103 65 2d debent. 6s, 1907..................... 101 102*2 6s, s h o r t .......................... - .......... V ar. 100 101 4 s, rio t loan, 5 -1 0 s........... 104*a ALb’y & Susq.—1st M., 7s, ’ 8 8 ... J&J 106 5 s ,1 8 9 0 -1 9 0 0 ............ M&N 105 100 101 4s, rio t loan, 1 0 -2 0 s ............. Consol, m ort., 7s, 1906,guar. .A&O L o w e ll, M ass.—6 s ,1 89 0 , W . L .M & N f 109*2 110*2 5s, do 1 0 -2 0 s .......................... 102 103 Ì23** Consol, mort., 6s, 1906, guar. A&O L y n ch b u r g , V a .— 6 s .................. J & J 112 113*2 4s, refu n d ed . 5-20s. 1 8 9 1 -1 9 0 6 ___ 102 103 120 124*2 kltegh. Val.—Gen. M .,7 3-10s..J& J J & J 124 A tla n ta , G a.—7 s ...................................... 112 East, exten. M., 7s, 1 9 1 0 ....A & O L y n n , M ass.—6s, 1 8 8 7 . . . . ---- F&At|100*4 100*2 D o. 8 s.................................... .............. 112 Income. 7s, end., 1894.........A&O 117 W ater loa n . 6s. 1 8 9 4 .................J& JI116 W a te rw o rk s ......................................... 114 __ _-T > .. _ ...... _T_ rPrice nom inal; no late tram actions, t Purchaser also pays accrued interest, t i n London. § Part being redeemed. 1i Coupons on s in c e ’ 69. THE CHRONICLE. February 5, 18c7.] GENERAL QUOTATIONS OF STOCKS AND 9 ^ 7*179 BONDS— C ontioted. R a il r o a d B o n d s . B id . A sk. R a il r o a d B o n d s . B id . A sk. R a il r o a d B o n d s . B id . A sk. A tch . T op . & S. F e —ls t ,7 s , ’ 9 9 J& J *124 124*9 Cties. & O hio— Pur. m o n e y fd .,1 8 9 8 119 Cin. I. St. L. & C hic.— (Continued) L and g ra n t, 7s, g ., 1 9 0 2 ___ A& O tl2 1 3 i 122 O Series A , 1 9 0 8 ........................ A & O 108 In d ia n a p olis C. & L ., 7s o f ’ 9 7 .. — t l l 9 S inking fu n d , 6s, 1 9 1 1 ...........J&T*r> U07*-a 108 6s, g ., ser. B , in t. d e f ............. M&N II..... 78*4 I n d ’ap ofls & Cin., 1 s t ,7 s ,’ 8 8 .A&O t l 0 4 G uaranteed 7s, 1 90 9 . J & j& A & O 1123 O 124 E x ten d ed 4s, 1 9 8 6 .................M&N 73*9 75 Cin. L a f.& Ch.—1st, 7 s,g.,1901.M & 8 1118 5s, 1 9 0 9 '(1 s t m o r t .).................A & O f 103 O 103*9 28 6 s ,cu rr e n cy , int. d e f., 1 9 1 8 ..J& J 29*9 Cin. L eb. & N o r.—1st m . 5 s . ... J & J 1 00 102*9 5s, p la in b on d s, 1 9 2 0 ............. M&S t 9 6 8 96*9 97 98% Cin. R ich . & C hic.—1st, 7 s, ’ 9 5 . J&J 1112 6s, 1 9 1 1 ..................................... A & O . 4 * 3 8 ,1 9 2 0 ....................................A & O 1 97*-2 98 C heshire—6s, 189 6 -9 8 ................J& J 110 110*6 Cin. R ich . & F . W .—1st, 7 s, g . . .J & D 1112 F loren ce & E l D o r ’d o, ls t .7 s . A&O 1112 0 C hic. & A lto n —1 st M ., 7s, ’ 9 3 . . J&J 115 Cin. S and’k y & Cl.—6s, 1 9 0 0 ..F& A 1101% 102 K .C .T op eka& W ., 1 st M .,7 s,g.J & J 112^12 124 J S terlin g m o rt., 6s, g .,1 9 0 3 ..J & J .121 1 23 7s, 1 88 7 , e x t .............................. M&S t i o o 100*9 do in co m e 7 s . A & O t l l 4 0 117 B ds. K an. C. line,6s,g.,1903.M & N 124*4 C onsol, m o rt., 7s, 1 8 9 0 ..........J& D 1102*4 102*9 N .M e?:.& 8 o.P a c.,lst,7 8 ,1 9 09 A& O 1125*-2 126 M iss.R iv .B rid g e , 1 st.,s .f.,6 s ,1912 108 Cin.&Sp.—7s, C.C.C.& I . , 190 1 . A& O 108 P u eb lo & A rk .V ., 1st, 7 s, g.,1 9 0 3 . 1124 124*9 3. L ou is’a * M o .R .,ls t ,7 s ,1 9 0 0 F & A 120 7s, guar., L.S.& M .8., 1 9 0 1 ..A & O 115 Sonora, 1st, 7s, 1910, g u a r .. J&J 1025 103 J ..... do 2 d , 7s, 1 90 0 M &N 120 C in.W ash.& B .— lst,gu,4*3S-6sM & N 105*4 105*9? W icb ita & S .W .,lst,7 s ,g .,g u a ..l9 0 2 *115 2 11S 8t.L . J a c k s ’v . * C., 1 st,7 s,’ 94. A & O 117 2 d m o rt., 5s, 1 9 3 1 ..................... j & j 83 A tla n ta & C h a rlotte A ir L .— 1st,7s 122 8 1235s d o 1 st gu a r.(5 6 4 ),7 s,’ 9 4 A & 0 1 17 3 d m ort., go ld , 3 s-4 s, 1 9 3 1 ..F & A In com e, 6 s................ ........................... 103 47' 104 d o 2 d M. (3 60 ), 7 s, ’ 9 8 . .J & J In co m e 5s, 1 9 3 1 ............................ 26 A t la n t ic * P a c .—1st 4s, 1 9 3 7 ..J & J 29 86*- 88% d o 2 d gu ar.( 188) 7 s,’ 9 8 .J& J .* ... S cioto & H o ck . V , 1 st, 7 s....M & N 100 W . D . Incom es, 1 9 1 0 ............. J&J J 25** 26 C hic.& A tla n tic—1st, 6s,1920.M & N " 8 2 " B alt. S hort L ., 1 st, 7s, 1 9 0 0 ..J&J 121*9 C entral D iv ision , old , 6 s . . 104*9 35 2d , 6s, 1 9 2 3 ............................... F& A 45 C lev. Col. C. & I.—1 st, 7 s, ’ 9 9 .M&N 122 do n e w 6 s. . . 1 00 104 C hic. B . & Q .—C ons., 7s, 1 9 0 3 .J & J 131*3 132*9 C onsol, m o rt., 7s, 1 9 1 4 ..........J& D 125 do in com es, 1 9 2 2 . 1 31 23 B on d s, 5 s ,T 8 9 5 .........................J& D tl0 2 103 Cons. S. F ., 7s, 1 9 1 4 ................. J& J 123 do a cc. Id. gr. 6 s . 1901 1 27 32 5s. 1 9 0 1 ....................................... A & O 108*9 109 G en. con . 6s, 1 9 3 4 .................... j & j 1 07 B a ltim ore & O h io - N e w i s ___ A&O ........ 105 9 5s, d eb en tu re, 1 9 1 3 ................M &N 106% 107 B e lie f. & In d . M ., 7s, 1 8 9 9 .. .J& J 112 5s gold , 1 92 5 ............................ F & A 109 4 5s, 1 91 9 , I o w a D iv ..................A&O 114 C lev. & P itts.—4 th M ., 6s, 1 8 9 2 .J&J 106*9 E a st S ide 5s, 1 9 2 5 ............................. 112*6 112*4 4s, 1 9 1 9 , do ..................A&O 93*9 C onsol. S. F ., 7 s, 1 9 0 0 ..........M &N 128 S terlin g, 5s, 1 9 2 7 ..................... J& D m o 3 112 is a 97 4s, D e n v e r D iv ., 1 9 2 2 ............F & A 97*9 C le v .& M . Y a l.— 1st, 7 s , g „ ’ 9 3 .F&A S terling, 6s, 1 8 9 5 ..................... M&S U l l 113 8 90 4s, p la in b on d s, 1 9 2 1 .............M&S 90*9 C olum bia & G r.—1st, 6s, 1 9 1 6 .J & J i i ó S terlin g m o rt., 6s, g ., 1 9 0 2 ..M&S {120 1122 8 1 12 tU 5 B ur. & M o. R ., I’d M ., 7 s ,’9 3 .A & 0 116 2d m ort., 6s. 1 9 2 6 ................... A&O do 6s, g., 1 9 1 0 . M &N 1124 90 sr 126 92 do C onv. 8 s,’ 9 4 ser.J & J 1......... Co* & Cm. M id .—1st, 6s, 191 4 .J & J P a rk ersb u rg B r., 6s, 1 9 1 9 .. .A & O 1'- 6*4 J 98*9 1 00 B u r.& M o .(N e b .),ls t,6 s , 1918. J& J 1120 121 C ol. H o ck . V al. & T oL —C onsol. 5s. B alt. & P o t ’c—1 st, 6s, g ., 1 9 1 1 .J& J 122 J 84*9 86T 124 do Cons, 6s, n o n - e x ..J & j U 0 8 109 Gen. 6s g o ld , 1 9 0 4 ...................j & D 1 st, tu n n el, 6s, g., g ’d, 1 9 1 1 . A & O 122*9 . . . . . . 1 90 do 4s, (N eb.), 1 9 1 0 ... J& J 1 93*9 94*s B e ll’s G ap— 1st, 7 s, 1 8 9 3 ..........J&J .......... 116*4 Col. & H ock .V .—I stM .,7 s,’97. A& O H 1 5 J do N e b .R R ,ls t,7 s ,’ 9 6 A & 0 1110 112 1st, 6s, 1 9 0 5 .............................. F & A .......... i. „ . , 2 d M ., 7s, 1 8 9 2 . J& J f 105 do O m .& 8. W .,1 st,8s,J& D 1122*9 123 Col. & T oled o— 1st m o rt. b on d s C onsol. 6s, 1 9 1 3 ....................... A&O ......... 113 t ll6 ) HI. G ra n d T r., 1 st, 8s, ’9 0 . ..A & O 109% 110 do 2 d m o r t .............. B e lv id ere D el.—1st,6 s,c.,1 90 2 . J& I)) 116 105 D ix o n P eo.& H ., 1st, 8 s,1 8 8 9 . J& J 106*3 107 3d m o r t . 6s, 1 8 8 7 ................... F& AÍ ......... 103 O M o & W .V a .,lst,s.f.,7 s,1 9 10 M & N t u o O tt. Osw . & F o x R ., 8s, 1 9 0 0 . J&J t l 2 6 126*3 Col. S p rm g f.& C .—1st, 7s,1901.M & S 109 B o ston & A lb a n y —7s, 1 8 9 2 .. .F& Ai i 114% 115 110 Q u in cy & W a r s’w , 1st, 8 s ,’ 90. J&J 109 109*4 Col. & X e n ia —1 st M ., 7s,1890.M & S f 108 6s, 1 8 9 5 .......... J&Jr f i i 5 * ä 117 A tch’n & N eb.—1 st, 7 s ,1 90 7 M&S 1124*3 125 C onn. & P assum p .—M ., 7s, ’ 9 3 .A & O t l l o % 1*16*4 B o st. C cn c.& M on .—S .F .,6 s ,’89.J&J1 (101*9 102 1 103% 103 78 3hic. Burl. & N or.—5s, 1 9 2 6 ........... M a ssa w ip p i, g ., 6s, g o ld , ’ 89 J& J tl0 2 *3 103*3; C onsol, m o rt., 7 s, 1 8 9 3 ..........A&O 1112% 113 J D eb en f. 6s, 1 8 9 6 .......................J& D HC4 104*3 C onn. W est.— 1 st M ., 7s, 1 9 0 0 . J& .' C on sol m o it., 6s, 1 89 3 .......... A&O t l0 6 30 ) 107 34 C o n n e ctin g (P hila.)—1 st, 6s ..M & f 121 B o st. H a rt.& E .—1st, 7s 1 9 0 0 . J&J . . . . . . C o n s o l.R R .o f V t., 1st, 5s, 1913.J&.1 1st m ort., 7 s, g u a r...................J&J .......... ......... 89% 9 0 62 In com es. 64 Cor. C ow . & A n t.— D e b .fs , ’98M & N B ost.H .T u n .& W . i'.eb. 5s, 1913 M&8 3 90*8 9 0 7s 110 115 116 Cum b. & P enn .—1st 6 s ,’ 9 1 M&S Ï 0 3 ’ B o ston & L o w e ll— 7s, ’9 2 ..........A& O) t l l 3 % 114*4 In com e b on d s, 1 9 0 7 ................... 6s, 1 8 9 6 ........ J& J 1115*9 117 CumDerl. Y a l.—I s t M .,8 s ,1904. A&O 1st, co n ., 6s, g o ld , 193 4 ___ A&O 114*3 1 14 % D a y to n & M ich .—C onsol. 5 s ___J&J 5s, 1 8 9 9 ....................................... J&J f l i t ? f 107*3 108*3 95 4s, 1 9 0 5 .......................................M &S 103 3 d m o rt., 7 s, 1 8 8 8 , n o w 2 d . A&O 104 103*9 y 100 4*9S, 1 9 0 3 ..................................M&N 107 D a y t .& West.—I s t M .,6 s , 1 9 0 5 .J&J 109 } 115 1 st m o rt., 7s, 1 9 0 5 ................j & j B o ston & M aine—7 s, 1 8 9 3 ....... J& J 1117 U 25 130 117*9 ( 7s, 1 8 9 4 .......................... j & j 120 D ela w a re—M ort., 6s, guar. ,’9 5 . J&J 118 120*4 P . d u C. D iv ., 1st, 8s, 1 8 9 8 . F & A 131 D el.& B ou n d B ’k— 1 st, 7s,19 0 5 F & A 1 30 B o st. & P ro v id e n ce —7 s, 1 8 9 3 .J & J 1117*9 118 P. D ., 2 d M ., 7 3-10s, 1 8 9 8 . .F & A 120 D el.L ack . & W .— C on v.7 s,1 8 9 2 J& D B o s t.& R e v e re B ’h—1 st,6 s,’ 9 7 . J& J (1 19 121 115 1st, $, gold , 7 s, 1 9 0 2 .............. J&J 131*2 M o iJ -J s , 1 9 0 7 ....................... M&S 1 40 B ra d ford B ord . & K .— 1st, 6s, 1932 50 65 L a. C., 1 st M ., 7 s, 1 8 9 3 ........... J& J 119*3 Den. & R . G. 1st 7 s,g o ld ,1 9 0 0 . M&N B r a d f.E ld .* Cuba—lst.6 s ,1 9 3 2 J & J 120 I. & M ., 1 st M ., 7s, 1 8 9 7 ........ J& J 121 122*4 G en. m o rt., 5s, 1 9 1 3 ,T r. rec.A & O B ro o k ly n E le.— 1st, 6s, 1 9 2 3 ..A& O 106 50 107 I ’ a. & D a k ., 1 st M ., 7s, 1 8 9 9 . J&J 123% 1 st con . 4s, 1 9 3 6 ................................ 2 d m ortg, 3-5s, 1 9 1 5 .............. J& J 76 78*9 80 76*3 H a st. & D a k ., Is t M .,7 s , 19 1 0 . J& J 123 123% D en v.& R . G .W .—1st, 6s, 19l’ i'M & S B ull. B rad.& P .—G en .M .7s,’ 96.J & J 103 79* b do 5s, 1 9 1 0 .. .. . . J& J B uft.N .Y .& E rie—1st, 7 s, 1 91 6 .J & D 1 35 _ do a s s e n t e d . . . . ........ 76*3 C hic. & M il., 1 st M ., 7s, 1 90 3 .J& J 127*3 130 B u it.N .Y .* P h .—lst,6 s ,g .,1 9 2 1 .J & J D e n v .S .P .& P a c.—1 st,7 s,1 90 5 M&N 47 77*s 1 st m ort., co n so l., 7s, 1 9 0 5 ..J & J 128 129 D es M. & F t. D .—1st, 6s, 1 9 0 5 . J&J P itts. T itu sv .& B .—7 s,1896F & A 35 97 101 .......... 1 st M ., I. & D . E x t ., 7s, 1 90 8 J & J 123 130*3 Oil C reek, I s t M ., 6s, 1 9 1 2 . A& O do in co m e s ................. 55 1 st M .,6s, S’ th w e st D iv .l9 0 9 J & J 116*3 1st m ort., 6s, o n e x te n s io n ............ U nion & T itu sv ., 1st, 7 s,’90. J& J 95 30 1 st M ., 5s, L a C. & D a v . 1919J& J 105*3 W arren& F r’k ln ,ls t ,7 s ,’9 6F & A D e t.& B . C .lst,8 s,en .M .C . 1902M & N 118*9 113 So. M inn. 1 st 6s, 1 9 1 0 .............J & J 115*3 116 D et. B. C. & A lp .. I s t ,6 s ,1 9 l3 J& J B u fl.& S ou th w est.—6s, 1 9 0 8 .. J.& J 90 1 03 C hic. & P a c. D iv . 6s, 1 9 1 0 . . . J& J 118 ICO B ur. C. R .& N .—ls t,5 s ,n e w ,’06. j& D 107 D et.G .H a ven & M il.—E q u ip .6s,1 9 1 8 {1 17 119 108*9 do W est. D iv., 5 s,1 9 2 1 . J& J 107*3 Con. M ., 5% t il l ’ 8 4 , a fte r 6%. .1 9 1 8 i l l 4 C o n s .lst & col. tr., 5 s ,1 9 3 4 ..A & O 102 116 102*9 Chic. & Mo. R iv . 5s, 1 9 2 6 ___ J& J D et. L. & N orth .— 1st, 7 s, 190 7 . J & J f l 2 5 M inn. & Sc. L ., l s r. 7s, guar. J& D 135 125*3 M ineral P t. D iv ., 5s, 1 9 1 0 .. .J&J 106*4 D et. M ack.& M .—1st, 6 s ,1 9 2 1 .A & 0 Io w a C. & W., 1st, 7s, 1 9 0 9 .M&S ......... C hic. & L. Sup. D iv ., 5s, 1921J& J 106 107*2 L a r d g ra n t 3*as, S. A ., 1 9 1 1 ........ C. R a p .I.F .& N., 1st,6 s,1 9 2 0 .A& O 51 i 'í ó “ W is.& M in n . D iv .,5 s , 1 9 2 1 ...J & J 105*3 106*4 In com e, 1 9 2 1 ................................ do 1st, 5s, 1 9 2 1 ___ A&O Ï0Ô 105 103% D u b. & I)a k .—1st M ., 6s, 1915"." j& j C alifor. P a c .—1 st M ., 7s, g .,’ 8 7 . J&J C....... 103% 1 T erm in la 5s, 1 9 1 4 ................... J& J D u bu qu e D iv ., 1st, 6s, 1 9 2 0 . J& J 119*3 120 D u b.& S . C ity— 1 st,2 d D iv .,’9 4 . J&J .. -9... 2d M ., 6s, g ., en d C. P a c., ’8 9 .J & j c l 05 106 Wis. Y a l. D iv ., 1st, 6s, 1 9 2 0 . J & J 111 112 D u n k .A .V .& P .—ls t ,7 s ,g ..l9 0 0 J & D 1 10 3d M. (guar. C. P .), 6s, 1 9 0 5 . J& J e ..... . 112 F a r g o & S o u t h .- 6s, a s s .l9 2 4 .J & J 112 E ast P en n .—1 st M ., 7s, 1 8 8 8 ..M &S do do 3s, 1 9 0 5 .J&J c ....... 76 Dak. & G t. So. 5s, 1 9 1 6 ..........J & J E .T en n .V a.& G a.— 1st, 7 s ,1 9 0 0 J& J 122 C a l.S o.—1 st f s (A toh. g u a r .)..J & J 110*4 111 c 1 25 1 40 141 D iv ision a l, 5s, 1 9 3 0 ................. J&J 1 07 In com e 6s, i y ^ 6 ......... ............M&S ^ C onsol., g o ld , 7s, cp ., 1 9 0 2 ..J& D 130*2 68*9 69 133 A la . C ent., 1st, 6s, 1 9 1 8 ..........J& J Cam den & A tl.—1st, 7 s, g . ,’9 3 ..J& J 116*9 do do r e g .............. J& D 131*3 132 E. Tenn. V .& G a .R ’y .—1st,5 s ,1956. 2d m ort., 6s, 1 9 0 4 ...................A&O 110 98*9 9 8 % .. . . . . S inking fu n d , 6s, 192 9 ........A & O 113 E ast. & W. R y ., A la .—1st, 6s, 1912 1 00 3g Cons. 6s, 1 9 1 1 ........................... J& J do 5 8 ,1 9 2 9 A &O 108 108% E astern , M ass.—6s, g .,1 9 0 6 . .M &S 1128*4 C anada So.—I s t M .,g u a r .,190 8 ,J&J 128*9 105*9 do d eb en t., 5 s,1 9 3 3 .M&N 110 S terlin g d eb s., 6s, g ., 1 9 0 6 ..M&S t l 2 5 2d m ort., 5s, 1 9 1 3 ...................M&S 93*4 93% E xten . bds. 4s, 1 8 8 6 -1 9 2 6 ...F & A 101% E liz. C ity & N or.—S.F. deb.,6s. A & O 107 1 30 Cape Fear & Y a d .V a l., 1st,6s, 1 9 1 6 . 95 LOO 107*9 25-yrs. deb. 5s, 1 9 0 9 ............. M&N 1st m ort., 6s, 1 9 2 0 ................... M&S C arolina C ent.—1 st,6 s ,g .,1920. J& J L10 E scan .& L .8up ., 1st, 6s, 190 1 .J & j 115 E liz a b .L e x .& B ig S.—6s, 1902.M & S 107 2d, in e., 6s, 1 9 1 5 ..................... A& O 85 D es M.& M inn’s, 1st,7 s,19 0 7 .F & A E lm ira & W ’m sp t—1 st 8s,1 9 1 0 .J&J 119 3d, in c., 6s, 1 91 0 ........... ................... 27 31 I o w a M id ., 1 st M ., 8s, 1 9 0 0 . A&O 133 138 5 s, p e rp e tu a l..............................A&O 110*9 Catawissa—M ort., 7s, 1 9 0 0 .. .F & A L29 P eninsula, 1st, c o n v ., 7 s,’ 98.M & 8 105 Cedar F . & M in.—1st, 7s, 1 90 7 . J&J LlO C hic. & M il., 1 st M ., 7 s, ’9 8 .. J&J 121*9 C ons, m o rt,, 7 s, 1 89 8 ............. J&J 1 13 Cedar R . & M o.—1st, 7s, ’ 9 1 . . . F&A 1 1l 7*9 L08 1 16 M il. & M ad., 1st, 6s, 1 9 0 5 ..M.&S. 115 E q u ip m en t. 7 s, 1 9 0 0 ............. A & O 100 1st m o rt., 7s, 1 9 1 6 .................M&N 132% 133 M adison E x t., 1st, 7s, 1 9 1 1 .A & O t l 3 4 E va n sv. & C raw f.—1 st, 7s, ’ 8 7 . J& J 1 0 0 2d m ort., 7s, 1909, q u a r........J& D 1119 .21 .......... M enom inee E x t .,1st,7 s ,1911 J& D t l 3 4 E va n 8 .& In d .—1 st,g u a r .,g .,6 s ,192 4 Cent. Br. U. P a c., ls t s , 6s, ’9 5 .M&N 106 N orth w est.U n ., 1st, 7s, 1 9 1 7 .M&S 1135 1st, co n ., 1 9 2 6 ............................ J& J Fund, co u p o n 7s, 1895 ........M&N 104 1 09 W inona& St.P et.— 2d7s,1907M & N 1 30 E vans.& T .H .,ls t co n .,6 s ,1 92 1 ,J&J 117*9 Ateh.& P ik e’s P k, 1st, 6s, g. M&N 105 L09*v Ott. C. F. & St. P., 5s, 1 9 0 9 ..M&S 109 Mt. V e rn o n — 1st, 6 s ................A & O 109 A tch .C ol.& P a c.,1st,(>8,19050.—F 107 .......... N orth. Ills ., 1st, 5s. 1 9 1 0 ....M &S Ili E va n sv.T .H .& C h i.—1 st, 6s, g.M &N A toh. J.C o.& W ., 1st, 6 s,1 9 0 5 .0 ,—F 103 C hie.R .I.& P a c.—6 s,1 91 7 ,co u p J& J Ì3"l*4 132 F itch b u rg—5s, 1 8 9 9 ................... A & O 1111 Cent, o f G a.—1st, co n s., 7 s ,’93.JT&J 113 112 114 6s, 191 7 , r e g ............................... J& J 131*9 5s, 1 9 0 0 -0 1 -0 2 ..................... ; . .A & 0 t l l 2 Cent. Io w a —N ew 1st., 7s , ’9 9 . J&J 113 8 .*3 89*2 E x ten . & col. 5s, 1 9 3 4 ............. J& J 112 6s, 1 8 9 7 ...................................... A & O t l l 8 * 9 1 2 6 Inc. b on d s,“ d e b t certs.” , 7s,A & O C h ic.& 8. W .,ls t,7 s,g u a r.,’99.M & N C125 7s, 1 8 9 4 ....................................... A& O t l 2 0 E astern D iv ., 1st, 6s, 1 9 1 2 ..A&O 121 75 Chic. & St.LoUi8— 1st 6s, 1 9 1 5 ,M&S 101 F lin t & P . M arq.—M. 6sJL 920.A & 0 121 Ills. D iv ., 1st, 6s, 1 9 1 2 ..........A& O 125 75 C hic. St. L. & P .—1st, 5s, 1 9 3 2 . A&O 101 97 H o lly W. & M , 1st, 8s, 1 9 0 1 . J& J C en t.R R .of N. J .—1 st 7 s ,1 8 9 0 .F&A 106 109*3 C hic. & G t. E a st., 1st, 7s, 93-’9 5 . 105 F t. M adison & N. W ., 1 st 7s, g .,1 9 05 7s, co n v , 190 2 , a ssen ted ___ M&N 109*2 Col.& In d . C., 1st M .,7 s, 190 4 .J&J 1123 F t.W o rth & D en v. C.—1st, 6s, 1921 89*4 8 9 % C onsol.M .,7s,1899, assented. Q—J 10.9% 1 0 9 78 do 2d M .7s,1904.M & N t l 2 0 F rem ’t E lk ’n& M o.V .—6s,1 9 3 3 A&O 1121*9 1 22 A djustm en t bond s, 7s, 1903M & N 1 0 5 % U n.& L o g a n s p .,ls t, 7s, 190 5 . A & O t l 2 0 do do U n s ta m p e d .. 1118*9 120 Conv. deben. 6s, 1 9 0 8 . . . . . M&N 85*9 85 78 Cin. & C hic. A . L ., 1886-’ 9 0 ........ t i o o G al. H . & 8 .A .—1 st,6 s,g .,1 9 1 0 .F & A 1 06 Am. D k.& Im p . C o., 5 s ,1 9 2 1 . J&J 109 C hic.St.P.M in.& O m .—Con. 6s, 193 0 121 2 d m ort., 7s, 1 9 0 5 ....................J & D Leh.& W ilkesb .C oal,in c.,’88,M&N 110*9 95 C h.St.P.& M inn. lst,6 s,1 91 8 M & N 128 W est. D iv. 1st, 5s, 1 9 3 1 ___ M&N C onsol., 7s, g o ld ,1900, ass’d.Q -M 110*9 1 00 N orth W ise., 1 st 6s, 1 9 3 0 . . . . J & j 123 do 2d, 6s, 1 9 3 1 .. . J & J 9138 ce n t. O hio—1st M ., 6s, 1 8 9 0 ..M&S 107 St. Paul& S.C ity, 1st 6 s,1 91 9 .A & O 1 26 127 G al.H ous.& H en .—1 st,5 s ..........A & O 75 Cent. P a c.—1st, 6s, g o ld ,’9 5 -9 8 . J&J 90 1 14 Chic. & T om ah .—6 s ............................. It|1 U99 1 123 G eorgia —7s, 1 8 8 3 -9 0 .................. J&J 8. J oaqu in , ls t M .,6 s ,g .l9 0 0 .A & O 112 C hic.& W .In d .—S.fd. 6s, 1 91 9 M&N 116 6 s, 1 8 8 9 ........>........................ ....J & J 108 Cal. & O regon , 1st, 6s, g . ,’ 8 8 .J&J 100% Ï09** G en eral m o r t , 6s, 1932 ___ Q —M 109 G eorgia P a cific—1st, 6s, 192 2 . J&J 108*9 1 0 9 _ . do series B , 6s, 1892 103 Chic. & W. M ich. 5s, 192 1 . ..J & D 101 191 *9 2 d m o r t................ ............................. 56 65 Cal.&O r. C .P .b o n d s ,6 s,g .,’ 92 J&J {1 07 110 Cin. H am . & D a y t.—C onsol.Ss A&O 1 108 109 G r.R ap . & In d .—1 st, l.g ., g ’d, 7 s, g. 1 24 Land g r a n t M ., 6s, g ., 1 8 9 0 . A& O 103 C onsol, m o rt., 7s, 1 9 0 5 ..........A& O ♦127*9 1 st M .,7s, l.g ., g o ld ,n o t gu a r.A & O ‘ 116 w est. P a c if., 1st, 6s, g ., ’ 9 9 ..J & J 111 % 112% do 6s, 1 9 0 5 .........A & O 1118 120 E x la n d g r a n t, 1 st 7 s, ’ 9 9 ............... HOO Cnarl’te C ol.& A .—C on s.,7 s,’95. J&J ] 13*9 114 Cin. H . & I ., 1 st M., 7s, 1903. J& J 1112 113 C onsol. 5s, 1 9 2 4 ....................... M&S 90*9 92*9 2d m ort., 7s, 1 9 1 0 ...................A&O 115 Cin. I. St. L. & C h ic —Con. 6s. 192 0 t l 0 6 G r.B ’yW .& S t.P .—lst,6 s ,1 9 1 1 .F .& A 97 101 ^heraw & D a rl.—I s t M .,8 s ,’ 88. A&O 102 1st g o ld 4s, 1 9 3 6 .......................Q—J 100 2d , in co m e s, 1 9 1 1 .............................. 2d m ort., 7 s ...................................... 1 00 37*9 Cin.& In d ia n a , 1st M .,7 s,’92.J& D 1112 G u lf Col. & 8. F e— 1st, 7 s,190 9 J&J 121 121% Ohee.O. &S.W.—M. 5-6s, 191 1 . F& A 100 101 do 2d M.. 7 s,’ 8 7 -9 2 .J&J U 1 3 2d, 6s, g old . 1923 102*9 103 ' P rioe n om in a l; » 0 la te tra n saction s. t P u rch a ser also p a y s a ccru e d in terest. { In L ondon. | C oup on o 3 . | c I n F ra n kfort. _ 111 . _ ..... ... ...... THE CHRONICLE 180 G -E N ’ E R A .L i Q U O T A T I O N 'S OP STO C£ 3 A N D [V o l X L iy. B O N D S — C o n t in u e d . F op E x p la n a t io n « See N ote« a t H e a d o f F ir st P a s e o f Q u o ta tio n s . R a il r o a d B o n d s . B id . A sk. R a il r o a d B o n d s . B id . A sk . R a il r o a d B o n d s . B id . Ask. 95 N .Y .& N E .—1 st M ., 6s, 1 9 0 5 ..J& J 116% ir ? “ H a n . & St. J o - C od . 6 s , 1 9 1 1 ..M&S 122% 123% M an.B each Im p. ,lim . ,7s, 1 9 0 9 ,M&S 2 d m .,6 s, 1 9 0 2 ...........................F&A 105% 106% M arq’ tte H o.& O .—M a r. a O .,8 s, ’ 92 1*12** 113 68 H o ’st.E .& W . T e x .—ls t,7 B ,’ 98.M & N 101% 101% 2 d 6s (sca led t o 3 s )................. F & A i93 94 f 6s, 1 9 0 8 ................................................. 2d . 6s, 1 9 1 3 ..................................J& J. 100 N. Y . N. H . & H .l s t r. 4 s,1 9 0 3 .J & D 99 112 6 8 ,1 9 2 3 (e x te n s io n )............... J& D 114 H .& T ex.C en —1 st m .,7 s ,g u a r .l8 9 1 N .Y .O n t.& W . - l s t . g . , 6 s , l 9 14. M&3 »8 % 110 6s, 192 5 (M ary. & W e s t.).. J& D W est. D iv ., 1 st, 7 s, g ., 1 8 9 1 ..J& J 11106 110 M em phis & L. R o c k —1 st, 8s, 1907 112 11*5*" N .Y .P a .& O .—1 st, in o .,a co .7 s, 190 5 ¡4 3 % 49% W a c o & N. W .,1 st, 7s, g .,1 9 0 3 .J&J 11113 120 do p rio r lien ,in c.a c.,5 -6 s,’95 1109 111 M em ph.A C hari.—1st,7 s, 1 9 1 5 . J&J 125 96 93 C on s, m o rt., 8 s, 1 9 1 2 ............. A & O ¡13 % 14% 2d m o rt., 7 s, e x t e n d e d ........... J& J 125 70 G en . m ort. 6 s, 192 1 ............. A & O 120 ¡5 6 1st con sol. 7s, 1 9 1 5 .................. J&J H u n t. & B r. T o p —1 st, 7 s, *90..A& O 110>s L ea sed L . ren ta l trust, p e r deb. 4s ¡87 89 1st, con s.. T enn . lie n , 7 s, 1915 J&J 125 2 d m o rt., 7 s, g ., 1 8 9 5 ............. F&A 1 19ia 105 W est. e x t . ce r tifs , 8s, 1 8 7 6 ..J& J ¡6 0 65 G o ld , 6s, 1 9 2 4 ............................ J& J C ons. 3 d M. 5s, 1 8 9 5 ............. A & O 1021* 117 do do 7 s, g u ar. E rie ¡6 0 118 65 111. C ent.—1 st M .C hic.& S pr.’98 J&J 1161« 116?8 M etrop ’n E le v .—1 st, 6 s, 1 9 0 8 . J&J 110 106 108 2 d 6s, 1 8 9 9 .............................. M&N ..........1 N .Y. P h il. & N or.—1 st, 192 3 ..J & J 1 st, gold . 4s, 1 9 5 1 ---------J& J 107 55% 58 M ex ica n C ent.— 1st, 7 s, 1 9 1 1 ..J& J 98 G old , 3% s, 1 9 5 1 .........................J& J 5 1% 51% N .Y . Susq. & W .—1st, 5s, 1 9 1 1 .J& J 93 S caled 4s. 1 9 1 1 .. ...................... J& J M id d le D iv . rc g . 5s, 1 9 2 1 ... F & A 5 1% D eb en tu res 4 % s, 1 8 9 7 ........F & A ! 70% 51 B on d s c r ip ....................... . 111 J109 S terlin g , S. F ., 5s, g ., 1 9 0 3 ..A & O M id l’d o f N. J .—1 st,6 s,1 91 0 . A&O 112 16 16% 113% 116 In com e s, 1 9 1 1 ........................ S terlin g , gen . M .,6 s, g., 1895. A& O J114 82 N. Y . W o o d .* R o c k , 2 d in c. 1 9 1 2 .. 80 9% 109 D eb en tu re 10s, 1 8 9 0 -9 5 .....A & O 1107 S terlin g , 5 s. 1 9 0 5 ......................J& D 76 N orf’k &W .—G en’l M .,68,1931 M&Nl I l 2* 114% 75 123 Sorip 10s, 1 8 8 9 ........................J & J C hio.St.& N .O .—1st co n . 7 s, 1 8 9 7 . N ew R iv e r 1 st 6s, 1 9 3 2 ........ A & O 35% 3 6 % 113% M exican N at.— 1st, 6s, 1 91 2 ..A & O Ï1 6' 2 d , 6s, 1 9 0 7 ............................ J& D Im pr. & E x te n ., 6s. 1 9 3 4 ....F & A 100 124 M ich. C ent.—C on sol.,7 s, 1 9 0 2 .M&N 128 T en . lien , 7 s, 1 8 9 7 ............... M A N 105 A d ju stm en t 7s, 1 9 2 4 ..........Q.—M. 115 C onsol. 5s, 1 9 0 2 ....................... M&N 110 5 s , 1 95 1 , g o ld ......................... J& D 90 C o n v . d eb ., 6s, 1 8 9 4 ...............J& J 107% 108 1 st M. o n A ir L in e , 8s, 1 8 9 0 . J&J N .O. J ack .& G t.N .2d 8 s,otfs. A&O 114 42 A ir L in e, 1 st M ., 8s, g u a r .. .M &N 38 Illin ois M idlan d, 1st, 7 s ........... 1905 South S id e ,Y a .,ls t, 8 s,’84-’ 90.J& J 102 .1 2 3 % 6s. 1 9 0 9 ........................................M&S i n d . B l. & W .— 1st, p f.,7 s , 1 90 0 J & J 117% do 2 d M ., e x t.,1 8 9 9 .J & J 106 94% 96 5 s, co u p ., 1 9 3 1 ...........................M&S 109 1 st m ort., 5 - 6 , 1 9 0 9 ................A & O do 3 d M .. 6 s ,’86-’90.J& J *100 8 3% 80 5 s, re g ., 1 9 3 1 .............................M&S 2 d m o rt., 5 - 6 ,1 9 0 9 ................. A& O V a.& T en n ., 4 th M .,8 s, 190 0 . J&J 124% K a la m a zo o & S.H .,1 st,8 s,’90.M & N 104 % 104% 32 35 In co m e , 1 9 2 1 ..................................... 1 03 do e x te n d e d 58,1900. J&J J .L .& S a g .N o r th E x t.,8 s ,’90.M & N 9 4% 95 E a s t.D iv ., 1st m ort. 6s, 1 9 2 1 .J& D 113% N orth C arolin a—M .. 8s. 1 8 8 8 .M&N 104 do C o n s .ls t M .( 8 s,’91.M & S 113 106 I n d .D e o . & S p .—1st, 7s, 1 9 0 6 .A & O 105 N orth P e n n .— Ist,7 s , 1 8 9 6 ....M & N 122 107 do 6 8 ,1 8 9 1 .....................M&8 2 d m ort., 5s, 1 9 1 1 .....................J&J G en . m o rt., 7 s, 190 3 ................J&J 1 30 (Ì32 J o lie t & N .I n d .,ls t ,7 s (guar.M .C.) 120* 40 2 d , Incom e, 1 9 0 6 ,T r Co. cert.J& J 50 N ew lo a n , 6s, re g ., 1 9 0 5 ........M&S M ich. & O h io—1st, 6s, 192 3 ..M & N N ew 1 st m ort. 6s, f u n d e d ............. .......... N ortheast.,S.C.— I s t M .,8 s,’ 9 9 ,M&S 1*4% 112 M idd. Un. & W at. G a p — 1st m o r t .. 100 I n d ’p olis & S t.L .—1 st,7 s, 1 9 1 9 .Var. 85 79 2 d m o rt.. 8 s, 1 8 9 9 ................... M&S 124% 2 d m ort. 5s, q u a r. N .Y . S. & W . . . I n d ’a p olis& V in .—lst,7 s ,1 9 0 8 .F & A 1 1 » 120 N orthern , Cal.— Is t, 6s, 1 9 0 7 ..J& J 120 MÎ1.L.S.& W .—1 st M .,6s, 1921 .M &N 118 2 d m ort.. 6s, g., gu ar., 1900.M & N 104 ........j 116% N orthern C ent.— 1% p e r ce n t..J & J 108 1110 M ich . D iv ., 1st, 6 8 ,-1 92 4 ........J& J In t. & G t .N o r t l i .-l 8 t ,6 s ,1 9 1 9 .M&N 117% 3 d m o rt., 6 s, 1 9 0 0 .................... A& O 122% A sh la n d D iv ., 1st 6s, 1 3 2 5 ..M & S 93 93% C oup. 6s, 1 9 0 9 ..........................M &8 102 C on. m o rt., 6s, g ., c o u p ., 1900. J&J 123 1st, in c o m e s ............................... ....... 109 Io n ia & L a n sin g— 1 st 8s, ’ 8 9 . ..J & J »108 109% 105 M ort, b d s., 5 s, 1 92 6 , sériés A J& J 108 St. P. E . & Gr. T r’ k, 1 st, gu ar.. 6s. I o w a C ity& W est.— 1 st,7s,1909M & 8 108 109 106 do sériés B . . . .......... 132 " Mil. & N o.— 1st, 6 8 ,1 9 1 0 .. J&Dl F a F a lls & S iou x C.—1st, 7 s,’ 9 9 A& O 130 113 103 C on. m o rt, stg. 6 s, g ., 1 9 0 4 ... J &J ¡1 1 0 1st, 6s, on exte n sio n 1 9 1 3 ..J & D 102 J efferson —H a w l’y B r. 7s, ’ 8 7 . . J&J .......... t io o 102 N orthern, N .J.—I s t M .,6 s ,’ 8 8 .J & J M inn’ p. & S t.L .—1 st M ., 1 9 2 7 .J& D 1 st m o rt., 7s, 1 8 8 9 ..................J&J l o i 118% 119 forth . P a c., P. D ’O D iv .—6s, M&S. 1 103 H 1 4 % 115 1 st M ., I o w a City& W ., 1 9 0 9 .J& D Jeff. M a d .& In d .—1st, 7 s ,1906. A& O 99% M o. D iv . 6s, 1 9 1 9 ................... M&N 1 103 2 d m o rt., 7 s, 1 8 9 1 .............. J& J 117 2 d m o rt., 7 s, 1 9 1 0 ....................J& J t ll U G e n ’l 1. g ., I s t , 6s, 1 9 2 1 _____ J&J l l D ^ 116% S o u th w e s t.E x t.,ls t,7 s ,1 9 1 0 .J & D J a n ctlo n (P lill.)—1 s t,4 ^ 8 ,1 9 0 7 J& J G e n ’frl. g ., I s t , 6s, r e g ..............J&J P a ciflo E x t., 1st, 6s, 1 9 2 1 .. A & O 108 2 d m ort., 6 s, 1 9 0 0 .................. A & O 89 8 9% G en. land g r .,2 d , 6s, 1 9 3 3 ...A& O ......... 105 7 4% 7 6 Im p . & E qu ip. 6s, 1 9 2 2 ........... J&J K a n a w h a & O .— 1st o's. 1 9 3 6 . J &J 109% 104 Jam es R iv .V a l.— ls t ,g .,6 s .’ 3ÖJ&J 108 104% Minn. & N. W — 1st, 5s. 1 9 3 4 .. J& J K a n . C. Olint’n & S prin gfield —1s,5s 104 115 S pok an e & P a l.,I s t 6s, 1 9 3 6 .M&N 105 116% M iss.& T en n.—1 st M ., 8s, series “ A ” K .C .F t.S cott& G .—1st,7 s ,190 8 J& D 1116 Î 18 105 S t.P .& N o r.P a c. g e n .6 s.1 9 2 3 .F & A 8s, series “ B ” ............................ J&J 1 00 125 P lea s. H ill & D e S o to , 1st, 7s, 1907 1123 io rth . P a c. T er. Co. —I s t ,6 s ,’ 33. J& J 104*8 105 M o.K. & T .—C ons. a ss.. 19 0 4 -6 .F&A 109% 111 113 K a n sa s C. L a w r. & So. 1st, 6s. 190 9 1112 117 119 9 6% 97% io r w ’h& W oro’r—I s t M ., 6 s .'9 C on solid a ted 6s, 1 9 2 0 ............J& D K .C .S t.J os.A O.B.—M. 78,1907. J&J 1125% 125% 62 84 )g d ’ nsb ’g& L.Ch.—I s t M. 6 s,’97, J&J f 105 107 C on solid a ted 5s, 1 9 2 0 ............J& D K . C.Spr.& M em .— 1 st. 6s, 1923.M&N 110% 110% 3 S in k in g fu n d , 8 s, 1 8 9 0 ...........M&S 1107 107% 64 1 st, 6 s, g ., 1 8 9 9 , (U. P . S .B r.)J & J K en . C ent.—S tam ped 4s, 191 1 .J& J 109 % Ì Ì Ó ’% C onsol. ,6 s, 1 9 2 0 . . . .................A & O 100 H a n . & C. M o., 1 st 7 s, g .,’90.M & N 110% K eok u k & D es M.— ls t.S s , gu ar. A& O 1 1 0 43 44 In co m e , 3s & 6 s l 9 2 0 .......... 9 5% 9 9 .. M o.P ac.—1 st m o rt.,6 s,g ld ,’ 8 8 , F&A 101% 102 K n o x v . & O h io 1st, 6s, 1 9 2 5 ...J& J 20 116% C onsol. 6s, 1 9 2 0 .......................M&N L . E rie & W est’u—ls t ,6 s ,l9 1 9 .F & A 3 2 d m o rt., 7 s, 1 8 9 1 ..................... J& J 108% 109 j In oom e, 6s, 1 9 2 2 , Tr. r e o .. In com e, 7 s, 1 8 9 9 .............................. 118 >hio& M iss.—C ons. S .F . 7 s, ’9 Car. B ., 1 st m o rt., 6 s, g. ’ 9 3 ..A & 0 S an d usk y D iv ., 6s, 1 9 1 9 ___ F& A C ons. m o rt., 7 s, ’9 8 ................... J&J .......... 7 3 d m o rtg a g e , 7s, 1 9 0 6 ..........M &N 12*3 % 13 do in com e, 1 9 2 0 ) ......... 119 2 d m o rt., 7 s, 1 9 1 1 ................ A&O1 In co m e , 7s, 1 8 9 2 ...................... M&S Daf. B1.& M um ,1st, 6s, 1 9 1 9 . M&N > €0 62% 1st gen , 5s, 1 9 3 2 . . . . . . . ........ J& D _____ 12 *1*9% M obile & O.—1st p re f. d e b e n tu re s .. do in com e, 7s, 1 8 9 9 . 30 32 ï ls t m o r t .,S p r in g f.D iv .,l9 0 5 M&N .......... 111 2d p re f. d e b e n tu re s .......................... L a k e S hore & M ich . So.— 3 102% 103% 26 SI 114 3 d p re f. d e b e n t u r e s ........................ Cl. P . & A sh ., n e w 7 s, 1 8 9 2 .. A & O 44 40 30 2 d inoom e, 6s, 1 9 2 1 ............. 4 th p re f. d e b e n tu re s ........................ B u fl.& E .,n e w b d s ,M ..,7 s ,’9 8 .A & 0 123 112 O ld C olon y— 6 s, 1 8 9 7 ................. F&A t l l 9 % 119% N ew m o rtg a g e , 6 s, 1 9 2 7 ........J& D 109 B uff. & S ta te L ., 7 s, 1 8 8 6 ___ J& J ) 1117% 113 6s, 1 8 9 5 ....................................... J& D C olla tera l trust 6s, 1 8 9 2 ....J & J D e t.M o n .A T o l.,1 st,7 s ,1 9 0 6 .F& A 125 5 7 s, 1 8 9 4 ......................................M&S 1119% 119% 1 st exte n sio n 6 s, 1 9 2 7 ............Q—J 104 K a la m a zoo A l.& G r.R ., 1st, 8s. J&J 3 74 4 % s, 1 9 0 4 ....................................A& O 1109 111 8 t.L .& C a iro —4s, gu ar.. 1931.J& J K al.& S ch oolcra ft, l s t ,8 s ,’87.J& J J 110 B o st.C .& F itch b .,l8 t,7 s,’89-90J& J 1108% 110 M org’n ’s L a .& T e x .,ls t,6 s ,1 9 2 0 J & J K a l.& Wli. P ig e o n ,1 st. 7 s,’90.. J&J 124 B . C. F . & N . B ., 5s, 1 9 1 0 ..J & J 1112% 114 1 st m o rt., 7 s, 1 9 1 8 ................. A & O D iv id e n d b on d s, 7s, 1 8 9 9 .. .A& O 123% 124 120 I 141% N. B e d fo rd R R ., 7 s, 1 8 9 4 ..J & J 1 118 125& J126% M orris & E ss e x — 1st, 7s, 1 9 1 4 M&N L. S .& M . S .,c o n s .,c p .,ls t ,7 8 .J 107 J O reg. & C al.—1 st 6s, 1 9 2 1 ..........J& J ¡1 0 5 2 d m o rt, 7 s, 1 8 9 1 ..................... F&A 109% d o c o n s .,r e g .,ls t ,7 s ,1 9 0 0 .0 —J 125 126 2 d m o rt., 7 s ............................ 122 % 122*8 B on d s, 7 b, 1 9 0 0 ......................... J&J d o eon s., c p ., 2 d ,7s, 190 3 ..J& D î 126*8 O regon& T ra n sco n t.—6s,1922M & N 10138 io*i% G en era l m o rt., 7s, 1 9 0 1 ........A&O d o c o n s.,re g .,2 d , 7 s ,1 9 0 3 .J& D 121 % 123% i 137 O sw .& R om e—I s t M ., 7 s, 1915.M & N 1124 C on sol, m o rt., 7 s, 1 9 1 5 ...........J& D 134 M a h on in g C oal B R . 1st, 5 s..J & J 103 % nò 3 110% Panamar— teri’g M ., 7 s. g. ’ 9 7 .A & 0 ¡1 0 8 S N ashua & L o w .—6 s, g ., 1 8 9 3 .F& A n o L a w re n ce —1 st m o rt., 7s,1895.F & A . .. * 92% 108% n o S in king fu n d su b ., 6s, 1 9 1 0 .M&N 5s, 1 9 0 0 ................................................ L e h ig h V al.—1 st,6 s ,c o u p .,’ 9 8 .J& D 1 23 % 124 105 S u b sid y b o n d s, E n g. issue, 6 s ___. ¡10 2 Na8hv.Ch.& St.L.— 1 st, 7 s ,191 3 J&J 128% 130 1 st m ort., 6s, re g ., 1 8 9 8 ........J& D 124 109 J P en n .R R .—G en .M ,6 s,cp .,1 9 1 0 Q —J ......... 134 146 2d m ort., 6s, 1 9 0 1 ..................... J&J 2 d m ort., 7 s, 1 9 1 0 ................... M&S 148 3 .......... G en ’l m o rt., 6 s, r e g ., 1 9 1 0 ..A & O 135 N a sh v .& D e ca tu r—1st,7 s ,1900. J& J G en . M ., s. f., 6s, g ., 1 9 2 3 . . . . J& D 1 36 1 C ons, m o rt., 6s, re g ., 1 9 0 5 ..Q—M N atch ez J a ck . & C ol.— 1st, 7s, 191 0 L . M iam i—R en ew a l 5 s ,1 9 1 2 ..M &N 112% 115 do 6 s, c o u p ., 1 9 0 5 .. J& D N ew a rk & N. Y .—1st, 7 s, 1 8 8 7 .J&J 1 02 L .R o c k A F t.S .— ls t ,l.g r .,7 s ’ 95. J&J 114 % 115 ib i C olla tera l trust, 4 % s, 1 9 1 3 ..J & D N ew ’k S ’set& S.—1 st. 7s, g .,’89.M & N L o n g Isla n d —1st M ., 7s, 1 8 9 8 .M&N 3 C onsol. 5s, 1 91 9 ................... J& D 110% IN’burgli& N .Y .—1 st M. 7 s,1 8 8 8 .J&J 100 1 st con sol. 5s, 1 9 3 1 ................. Q—J 115 100 P en n . C o., 6s, re g ., 1 9 0 7 ___Q.—JJ 109% N ew J e rs e y & N . Y .—1 st m o r t . . S outh S ide. 1st, 7s, 1 8 8 7 ....... M&S 100 10 3 do 1st M., 4 % s, 1921. J&J J 104 105 N. J .S o u th e rn —1 st M .,n e w 6 s. J& J N ew to w n & FI., 1st, 7s, 1891 123% 3 n o P enn .& N .Y .C an .— 1 st. 7 s, ’ 9 6 . J& D 121 N. O. & N orth ea st.—P rio r 1.6s. 1915 Ii.I.C ity & F lu sh in g—1st, 6 s.l9 1 1 115 1 st m o rt., 7s, 1 9 0 6 .................. J& D) 130 N .Y .& M a n . B each , 1 st 7 s,’ 97, J&J 106 ........ N .Y . & C a n .- £ M., 6s, g ., 1904.M & N ; i i 3 106 106% P en sa cola & A tla n t ic - 1 s t m ..F & A N .Y .C e n .& H .-D e b t c e r t. ex.SsM & N N . Y . B . & M. B .,ls t con . 5s, 193 5 1U L o u ’v.C .A L e x .—1 st,7 s ,’9 7 J& J (ex) 115% l i d " I M ort., 7 s, co u p ., 1 9 0 3 ..............J& J 1 3 1 % 134% P eo. D ee. & E v .—1st, 6s, 1 9 2 0 .J&J ......... 85 135 In co m e s, 1 9 2 0 ................... . M ort., 7s, re g ., 1 9 0 3 ................. J&J 2 d m ort., 7 s, 1 9 0 7 ................... A&O 116 116% 3 ........ 110 E v a n s v ille D iv .,1st 6 s,l9 2 0 .M & S D eb en tu re 5s, 1 90 4 ................M&S 109% 110 L o u is v .A N ash.—C onsol, 1st, 7s,’ 98 1 20 120% 84 do in co m e , 1 9 2 0 ... 121 S terlin g m o rt., 6 s, g ., 1 9 0 3 ...J & J ¡1 1 9 G ecilian B r., 7 s, 1 9 0 7 ............. M&S 111% F Peo.& P e k in U n.— lst,6 s ,1 9 2 1 .Q — F ......... 112% N ew Y o r k C entral—6s, 1 8 8 7 . J& D 101% 102 L o u is v ille loa n ; 6 s, ’ 86-’8 7 ..A & 0 75 F 70 95 97 2 d m o r t . 4 % s, 1 9 2 1 ............... Q —F i L e b .-K n o x v . 6s, 1 9 3 1 ...........M&S .......... .......... N .Y .C liie.& S t.L .—1 st,6 s,1 9 2 1 .J& D 3 99% 9 0% P erk iom en —1 st M ., 6 s, 1 8 8 7 .. A & O 2 d 6s, 1 9 2 3 ................................. M &8 L ou is. Cin. & L e x ., 6s. 1 9 3 1 .M&N 92 6 7% ......... C ons, m o rt., 6s, 1 91 3 , s t e r lin g . . .. ¡88 N .Y .C ity& N o.—G en ’l,6s,1910M & N M em .& 0 .,s t l., M .,7s, g .,1901 J& D 1116 119 J 68 68% P etersbu rg -C la s s A , 192 6 . . ..J & J 1 07 ¡1 4 T ru st Co. r e c e ip t s ............................. M. & C la rk sv.,st’g ,6 s,g .,1 9 0 21F& A117 3 107% io s 121% 122 Class B , 1 9 2 6 ............................ A & O 105% N. Y . E le v a te d .— 1st M ., 1 9 0 6 .J&J N . O. & M obile. 1 st 6s, 1 9 3 0 . J& J 105 j 33 35% Phila. & E rie —1st M .,7 s, 1 8 8 8 .J& J 104 N. Y . & G reen w ’d L .—1 st M. in c. 6s do 2 d , 6s, 1 9 3 0 ....J & J 93 128 J 6 G en. M .. g u a r., 6s, g., 1 9 2 0 . .J& J ¡1 2 5 8 2 d m o rtg a g e in o o m e ........................ P en sa cola D iv .,1st,6 s ,1 9 2 0 ..M&S 1 00 3 C onsol. 5s, 1 9 2 0 ....................... A&O 112% N .Y .& H arlem —7s,coup.,1900.M & N 131 8 t. L ou is D iv .. 1st, 6 8 ,1 9 2 1 . .M &S 113 8 unbury& E rie, l s t M .,7 s .’9 7 .A & 0 128 N .Y . L a ok .& W .— 1st. 6s, 1 9 2 1 . J& J 50 do 2 d ., 3 s „1 9 8 0 .M & 8 j Phila. & R e a d ’g —1st, 6s, 1910.J& J 120 126 2nd, 5s, g u ar., 1 9 2 3 ................ F & A 107*8 108 121 N ash. & D e c., 1 st 7s, 1 9 0 0 .. .J&J 1 20 3 2 d , 7 s, ’ 9 3 ....................................A & O 113 N.Y .L .E . &W. —1 st,7 s,’9 7 , ext.M & N 121 E . H . & N ., 1st 6s, 1 9 1 9 ........J & D 114 115 3 D e b e n tu re 6s, 1 89 3 ................. J&J .......... 48 2 d m ort, e x te n ., 5s, 1 9 1 9 ...M & S 115 G e n ’ m ort., 6s, 1 9 3 0 ............. J& D 107% 108% 3 C o n so l.M .,7 s,1 91 1 , reg .& o p . J& D 122 122% 3 d m ort. e x . 4 % s, 1 9 2 3 ......... M&S 108 Bo. & N o. A la ., 8. F. 6s, 1 9 1 0 A & O . . . . . . 106 C onsol, m o rt., 6 s, 1 9 1 1 ..........J& D3 113 115 4 t h m o rt., e x t., 5s, 1 9 2 0 .. ..A & O I s tm o r t,, sin k in g fu n d , 8s . . . . 1 Im p ro v e m e n t m o rt., 6s, ’ 9 7 .A & O3 ......... 104 5 th m o rt., 7 s, 1 8 8 8 .......... ....J & D 105% TruPt b on d s, 6s, 1 9 2 2 ........... Q—M 106% 10C% 1101 G en ’l m o rt., 6 s, 1 9 0 8 . . . . . . . . .J& J 1 st co n s. M ., 7 s, g .,1 9 2 0 ........M&S 135 % 136 ^ T e n -forty 6s. 1 9 2 4 ..................M&N 1 00 97 j .......... G e n ’l m o rt., 7 s, 1 9 0 3 . . . . ___ J& J ......... 100% N ew 2 d co n s. 6s, 1 9 6 9 ............J& D 91% F ensa. & A tl.—1 st,6 s,gu ,’ 21. F&A J 45 j C o n vertib le, 7 s, 1 8 9 3 ..............J&J 95 do e x June, ’ 8 6 , c o u p . ..» . L ’sv.N .A .& C h ic.—1 st,6 s,1 9 1 0 . J&J 108*8 n o 70 C ons. 5s, 1st s e rie s..................M&N io*7 C ollateral Tr. 6s, 1 9 2 2 ..........M&N G en . m ort. 6s, 1 9 1 6 ................ A&O 96 \ 8 8 % 88 % | Cons. 5s, 2 d se rie s................... F & A ......... 40 F un d . 5s, 1 9 6 9 ...........................J& D L o ’isv.N .O .& T ex.—lst,5 s,1 93 4 M & S 92 J ......... 56 C onv. ac(j. s c r i p ................ ,. ..J & J 134% 1 st co n s, fu n d c o u p .,7 8 ,1 9 2 0 M&S 1 3 0 M a in e C ent.— M ort. 7s, 1 8 9 8 ... J& J 1123 124 S crip fo r 6 d e fe rre d % cou p on s . ¡9 0 100 96 2 d oon3. f ’d cp ., 5 s ,1 9 6 9 ........J& D Î 94 E x te n . b o n d s, 6 s, g ., 1 9 0 0 ... A& O t i l l 113 5 D e fe r re d in co m e ...................... . . . R eorg a n iz a t’n 1 st lien , 6s, 190 8 . 105 ...... C ons. 7 s, 1 9 1 2 .......................... A & O 1134 136 D I In co m e m o rt., eons. 7 s, ’ 9 6 , J& D ......... *54% G o ld in co m e b o n d s, 6 s, 1 9 7 7 .. .. A n d ro s co g .A K e n ., 6 s .................... t l0 5 107 s ......... 1 46 C oal& I ., gu a r.,7 s, ’ 9 2 ,e x-cp .M & S L o n g D o c k m o rt., 7 s, 1 8 9 3 ..J& D 113% 115% 113 L eed s & F a rm ’g t ’n , 6 s, 1896.J& J t l l 2 Il09 o 118% Phila. W il. & B alt.—6s, 1 8 9 2 ..A & O ......... 113 do con . g ., 6s, 193 5 ..A & O 117 113 P o rtl. & K .,C on s. M ., 6 s, ’ 9 5 .A&O 112 0 Dfibent.nrpi. Ha. 1 0-90 __ 126%| I « 8 . 1 9 0 0 . . . ............................... A & O t i l l N .Y .*.N E nar.—1 st M.. 7s. IftrtS.T&.l 126 1 07 % 110 .. ... ... ... . . .. jy o ;© __ * P rice n om in a l; n o ia te tra n sa ction s. t P u rch a se r also p a y s a ooru ed in terest. ¡ I n Loudon« | C o u p o n off. | Fe b r u a r y GEN ERAL QUOTATIONS OF STOCKS AN D F o r E x p la n a t io n s se e N otes a t H e a d R a il r o a d B o n d s . A sk. B id . t ......... 1021s 88 119 Phil Wil. & B alt., os, 1 9 1 0 ...J & D * Trust certs., 4 s, 1 9 2 1 ..............J& J pittsb.Bradf.A B.—l s t ,6 s l 9 11 A & O S t S b .G * St.L.—1 s t ,7 s, 1 900.F & A 2 d m ort., 7 s. 1 9 1 3 ................... A& O Piftsb.Cl.&Tol.—1st, 6s, 1 9 2 2 . A&O 112 PittsD.&Con’llsv .— ls t M .7 s ,’ 98.J& J 123 129 sterling con s. M ., 6s, g ., g u a r .J&J 1 27 Pittsb.Ft.W. & C.—1 s t,7 s ,1 9 1 2 V a r 139 140 2dm ort., 7 s, 1 9 1 2 — . . . . . . . . J&J 138 137% 3 d m ort., 7s, 1 9 1 2 ..................... A& O pittsb. M cK .& Y .— 1st,6 s ,1932.J&J 90 Pittsb. & W est.—1 st m o r t ................. 107 Portl’nd&Ogb’g—ls t 6 s ,g . ,1 9 0 0 J &J 105 105 port R oyal & A u g.—1st, 6s, ’9 9 . J& J 40 Income m ort., 6 s, 1 8 9 9 ..........J&J 142 Ben.&S’toga —1 st 78,1921 cou.M & N 141 Bich’d & A lleg h —1st, 7 s, tru st re c. .......... 70 2 d mort., 6s, 1 9 1 6 . . . .............M&N Bich’d & D a n v.—C on .,6s,’ 90..M & N 1 0 4 1 0 6 General m ort., 6 s, 1 9 1 5 ........J& J 1 1 9Li 1 1 s Debenture, 6s, 1 9 2 7 ................A& O 1061« 106 do a s s e n t e d .... Piedmont B r., 8 s, 1 8 3 8 .........A&O ids“ 104 Rich. Fred. & P otom a c—6 s,ext.J & J Mort, 7s, 1 8 8 1 -9 0 ...................... J&J Rich. & P eters!)., 8 s ,’ 8 4 -’ 8 6 ...A & 0 Kew m ort., 7 s, 1 9 1 5 ..............M&N Richmond Y o r k R iv . & C lies., 8 s . . . 1151« 118 103 2d m ort., 6 s ............................... M&N 102 Roch. & P itts., 1st, 6 S .1 9 2 1 ...F & A 115 109 Consol. 1st, 6 s, 1 9 2 2 ..............J& D do In com e, 1 9 2 1 ........... Rome & C arrollt.—1st, 6s. g ., 191 6 "is" 881« Borne & D ec.— 1 st., 6s, 1 9 2 6 .. .J & D BomeWat’n& O.—S .F .,7 s ,1 8 9 1 .J & D 110 2d m ort., 7 s, 1 8 9 2 ..................... J& J 107 Consol., 1st e x . 5e, 1 9 2 2 — A & O Income 7 s, 1 9 3 2 . . . ........................ Bntlanu—1 st M ., 6 s, 1 9 0 2 ___ M&N 1071« 193»« Equipment, 2 d m ort., 5 s ___ F&A StJo. & Or. Isl’d—lst,g u a r.6 s ,1 9 2 5 . 2d m ort.. Incom es, 5s, 1 9 2 5 .......... * 6*2*1 8t.L.Alt.&T.H.— 1 st M ., 7 s, ’9 4 .J&J 114 2d m ort., p r e f., 7 s, 1 8 9 4 . . . . F& A 110 2d incom e, 7 s, 1 8 9 4 ........ ....M & N 1061« Div. b ond s, 1 8 9 4 ........................ . ‘ Bellev.&S. U l.,ls t,8 .F .8 s .’9 6 .A & 0 i'15 " Bellev.& C ar., 1st 6s. 1 9 2 3 ..J& D 115 9 8% St. L. Ark. & T e x . 1st 6s,1936.M & N ; 4 9% 2d m ort.. 6 s, 1 9 3 6 ...................F&A. St. Louis & I. M t.—1 st, 7 s, ’9 2 ,F& A l i t ) 1« 2d m ort., 7 s, g ., 1 8 9 7 ............ M&N 1131« 111% Ark. B r. 1. g r., M ., 7 s, g ., ’ 95.J& D Cairo A rk . & T .,1 st,7 s,g .,’9 7 . J& D Tïï% 11212 1061« 107 Cairo & F u l., 1 st,l.g .,7 s ,g .,’91. J& J 96 9 71« Gen. con . r ’y & 1. g ., 5s, 1931 A & O St. Louis & San F ra n .—2d ,cl.A M & N 114 2d M., cla ss B , 1 9 0 6 ................M&N 1 14 116 do cla ss O, 1 9 0 6 ................M&N 114 Boutb P aciflo.— 1 st M . 1 8 8 8 .J & J 101% 101% 104% Kan. C. & S w ., 1st,6s,g., 191 6 .. J& J 101 Pierre 0 . & 0 . 1st, 6 s ............. F & A 105 Equipment 7s. 1 8 9 5 .................J& D 104 % 110 General m o rt.. 6s, 1 9 3 1 ..........J& J 108 110 Ft.S.& V .B .B d .,ls t,6 s , 1 910.A & O 110 Trust b ond s, 6s, 1 9 2 0 ........... F & A St. L. W . & W ., 6s, 1 9 1 9 ........M&S c ......... 110 S t.L .V an d .& T .H .-lstM .,7s,’ 97.J& J 118 2d m ort., 7 s, 1 8 9 8 ...................M&N 105 116 2d, 7s,guar., ’9 8 ........................M&N St. P. & D uluth—1 st, 5 s, 1 9 3 1 .F& A 112 110 8c.P.Miun.& M an.—1 st 7 s ,1 90 9 J& J 118 2d 6s, 1 9 0 9 ................................ A& O Dak. E x t., 6s. 1 9 1 0 ................M&N 119 119 1st con sol. 6s, 1 9 3 3 ................J& J 118 Minn’s U ’n, 1 st, 6s, 1 9 2 2 ___ J& J Sandusky M a n sf.& N .—1 st, 7 s, 1902 f 118 Í0 3 Bay. FI. & W .— 1st, 6s, 1 9 3 4 ..A & O 108 119 At. & G u lf. co n . 7 s, ’ 9 7 ........... J&J 117 119 So. Ga. & F la .—1st, 7s, 1 8 9 9 .......... 113 115 2d, 7s, 1 8 9 9 ...........................M&N 1 12 96% 100 Boioto V al.—1 s t, 7 s, s in k ’g f d . . J& J 64 2d m ort., 7 s, sin k’g f d ........... A & O Consol. 7 s, 1 9 1 0 ........................ J&J, Shenandoan V al. — 1st,7 s ,1 90 9 . J&J General m ort., 6s, 1 9 2 1 ........A& O Bhreve. & H ou s.— 1st. 6s, gu ., 1914 Sioux C. & P a o ., 1 st M ., 6 8 ,’ 98. J&J 108 Sodus Bay& So.—lst,5 s ,g .,1 9 2 4 J & J 107 So. Carolina—1 st M ., 6 s ,1 9 2 0 .. A & O 89 2d m ort., 6s, 1 9 3 1 ..................... J& J 241« 20 Income 6s, 1 9 3 1 ....................... 46 43 8o. Cen. (N .Y .)—C onsol, m ort., 5 s .. Sj.Pae,Cal.— 1st,6 s,g .,1 905-12 A & O 110J« 110% So. Pao..Ariz.—1st, 6 s,1 9 0 9 -1 0 . J& J 110 8o. Pae., N. M .—1st, 6s, 1911 .J & J 1 05 % 8oathwestern(Ga.)—C onv. ,7s, 1886 Staten Isl. R a p id T rans.— 1st m ort. 112 Steuben. & In d .. 1st 6s, 1 9 1 4 ..J& J 111 Stock. & C op .- 1 s t , 5s. 1 9 0 5 . ..J & J c l 0 3 i « Summit B r.—1st, 7 s, 1 9 0 3 ........J& J Sanb.Haz.&W-B.—let,5 s,1 9 2 8M & N 103 % „ 2d m ort., 6s, 1 9 3 8 ..................M&N ®Mp.B.&ErieJ une.—1 st M. ,7 s ......... 1110 Syr.Btng. &N.Y .—oon sol.7 s,’0 6 A & 0 131 ■T Cent.—lst,sk .fd .,7 s,1 9 0 9 M & N ex. 1st m ort., 7 s, 1 9 1 1 ..................M&N 76 Texas & N ew O rleans—1 st,7 s.F & A 104 8ablne D iv ., 1st, 6s, 1 9 1 2 ...M & S 112 Tex.&Pac —lstM .,6 s,g .,1 9 0 5 .M & S l i t Consol, m ort., 6 s, g o ld , 1 9 0 5 . J&D 991 « do tru st r e c e ip ts ......... ” 9 3 ’ mo. and la n d g r ., re g ., 1 9 1 5 . J u ly "e’i " 60 Rio Gr. D iv ., 6 s, 1930, T ru st reo. 6 5% 651« n do e x A u g . cou p . Gen’l m ort.& term ’l 6s, 1905 A&O do do tr.reeeip ts -R .0 . P a c., 1st, 6s, g o ld , l a 2 0 . J& J ¡|T6*3 toJ.A.Ar.&N.M.— 1st,6s, 1921.M&N Tol. A. A. <sGr.T., 1st,68,1921.J& J i ö i " 10 U& Ohio C ent.—1st, os , gu .1 9 35 97 tol-Peoria&W.—ls t.7 s .1 9 1 7 , tr.r e c. 108 1109 \Prioe n o m in a l; n o la te tra n sa ction s. 181 IHE CHRONICLE, 5, 1887.J R id . R a i l r o a d St o c k s . T ol. St. L .& K .C .,ls t,6 s ,1 9 1 6 . .. J& D U nited C o’s N .J .—C ons.,6s,’94. A& O do gen . 4s, 1 9 2 3 ........F& A S terlin g m o rt., 6s, 1 8 9 4 ........M&S do 6 s, 1 9 0 1 . . . . . M&S Cam. & A ra b .,m o rt.. 6s, ’ 8 9 .M&N U alon P a cific—1st.6 s,g .,’ 9 6 -’ 99 J&J L and G ran t, 7s, 1 8 8 7 -9 ......... A&O Sink. F ., 8s, 1 8 9 3 ......................M&S R eg. 8s, 1 8 9 3 ............................ M&S Om . B rid g e, s te rl. 8 s, g., ’ 9 6 .A&O C ollateral tru st, 6s, 1 9 0 8 ___ J&J C olla tera l trust, 5s, 1 9 0 7 ___ J& D K a n s. P a o., 1st, 6s, 1 8 9 5 ___ F& A d o 1 st M ., 6 s, 1 8 9 6 ........ J& D d o D e n v . D iv ., 6 s ......... M&N d o 1 st con s. M .,6s, 1919 M&N O regon S h ort-L ., 6s, 192 2 .. F & A U ta h Cen.—1 st M ., 6s, g .,1 8 9 0 . J& J U tah So., gen ., 7s, 1 9 0 9 ........J&J d o e x t ,1st,7 8 ,1 9 09 J& J U tica & B l’k R .—M ort., 7s, ’9 1 . J&J V er. & M ass.— Guar. 5s, 190 3 M&N V lok sb. & M er.—N ew 1 st m ort. .. . 2 d m o r t .............................................. 3d m ort., in c o m e ............................ V iok sb . Sh. & P ao. — rio r lien, 6s. P V a. M idland—1st s e r.,6 s ,1 9 0 6 .M&S 2 d series, 6s, 1 9 1 1 .......... .....M & S 3 d series, 5-6s, 1 9 1 6 ...............M&S 4 th series, 3-4-5s, 1 9 2 1 .......... M&S 5th series, 5 s, 1 9 2 6 ..................M&S In com es, cu m u la tiv e ...................... W abash St. L ou is & P a cific— 1st, e x t ., 7 s, ’9 0 , e x ................ F& A M ort., 7s, 1 8 7 9 -1 9 0 9 ..............A & O 2 d m o rt., 7 s. e x t. 189 3 , e x ..M & N E qu ip m ent 7 s, 1883 ............. M&N G en ., 6s, 1 92 0 , T r. r e o ............J& D C hic. D iv ., 5s, 191 0 g o ld ........ J& J H a va n a D iv ., 6s, 1 9 1 0 ............J&J In d ia n a p . D iv ., 6s, 1 92 1 ....J & D D etroit D iv ., 6s, 1 9 2 1 ..............J& J C airo D iv .. 5s, 1 9 3 1 ................. J&J C on s.m ort.,7 s,1 9 0 7 ,e o n v e rt.Q —F 1st. St. L . d iv ., 7 s, 1 8 8 9 ........ F& A G t. W est., 111.,1 st, 7 s, ’ 8 8 ....... F& A do 2d , 7 s , ’9 3 . . . . M&N Q’n c y & T o l., 1 st, 7 s ,’9 0 ____M&N U1.& S .I a .,ls t, 6s, 1 9 1 2 ........ F & A 8t.L .K .C . & N . (r.est.& R .),7s.M & 8 d o O m .D iv .,ls t7 s ,1 9 1 9 .A & 0 d o C lar. B r., 6s, 1 9 1 9 .. F & A d o N o. M o., 1 st, 1 8 9 5 .. .J& J d o St. C ha’s B rid ge 6s, 1908 W ab. F un d . 190 7 —V ar. 7 s . F&A do V ariou s 6 s ............ F& A W .St. L. & P .— I o w a D .6 s , Tr. r e o .. W arren (N .J.)—2 d , 7 s, 1 9 0 0 . .A & O W. J e rs e y & A t. 1 st M f.,6sl910M & 8 W est J e r s e y —1st, 6 s, 1 8 9 6 .......J&J 1st m ort., 7 s, 1 8 9 9 ................... A& O C onsol, m o rt., 6s, 1 9 0 9 ...........A& O W est S hore g u ar. 4 s ..................... J& J W est’n A la .—1 st M ., 8 s, ’ 8 8 . ..A & O 2 d m o rt., 8s, gu a r., ’ 9 0 ..........A & O W est.M aryl’d— 3 d e n .,6 s, 1900. J&J W ’n No. C a r o lin a - lst,7 s,1 8 9 0 .M & N C onsol. 6s, 1 9 1 1 .........................J& J W est’n P en n .— 1st M ., 6s, ’ 9 3 . . A& O P itts. B r., 1 st M ., 6s, ’ 9 6 ........J&J W heeling & L .E rie— 1st, 6s, g ., 191 0 W ichita & W estern —1st, 6 s _ J& J _ W ilm. C olu m bia & A u gu sta , 6 s ........ WÜ.& W eldon —8. F ., 7s, g., ’ 9 6 . J&J W iscon sin C ent.— 1st ser., 5s, 1909 2d series, 7s, 1 9 0 9 , i f e a r n e d ___ Wis. V a lle y —1st, 7s, 1 9 0 9 ..........J& J W oro’r & N ashua—5s, ’9 3 - ’9 5 . . Var. N ash. & R o c h ., gu a r.. 5 s. ’ 9 4 .A & 0 R A I L R O A D S T O C K S . Par. Ala. G t. South.—L im ., A ., 6 s ,p r e f.. L im ., B , c o m ....................................... A la . N . O. & P a e., & c „ p r e f ............. do do d e f... A lb a n y & Susqueh ., G u ar., 7 . . . 1 00 A llegheny V a l l e y ............................ 50 A tch ison C ol. & P a c ific ....................... A tch ison T op ek a & S an ta F e .. 1 00 A tlanta & C h a rlotte A ir L i n e .......... A tla n tic & P a c ific .......................... 100 A ugu sta & S ava n n a h , le a s e d . . . 1 00 B altim ore & O h io ...........................100 do 1st p r e f .,6 ___ 100 do 2d , p r e f .................... P a rk ersb u rg B r a u c h ..................100 B ell’s G a p ........................... 30 B oston & A lb a n y ............................100 B ost. Con. & M o n tr e a l................. 100 do P re f., 5 . . . 100 B oston H o o s a c Tun. & W estern ___ B oston & L o w e ll.............................100 B oston & M a in e.............................. 100 B oston & N . Y . A ir-L in e, p r e f .......... B oston & P ro v id e n ce ................... 100 BoSeon R e v e re B e a ch & L y n n .. 100 B ro o k ly n E le v a te d ., n e w ................. B ro o k ly n & M o n ta u k ....................100 do P r e f ............100 Buff. N . Y . & E rie , le a se d ............100 B uffaloN . Y . & P h ila .,a s s.p d ___ 50 do do P r e f . . . 50 B uffalo R ö ch e s t r & P it ts b .........100 B u rlin gton C. K a p id s& N o r t h ..1 0 0 C airo & V in cen n es, p r e f..................... C aliforn ia P a citlo.................................. C a lifo rn ia S ou th ern ______ ____ lO o C am den & A tla n tic ....................... 50 do P r e f ...............5 0 C an ada s o u th e r n ............................100 C anadian P a c ific .............................100 C a ta w is s a ........................................... 50 do 1st p r e f .........................5 0 ^Purchaser also p a y s a ccr u e d interest. BONDS— C o n t i n u e d . o f F ir s t P a c e o f Q u o ta tio n s . A sk. 115 {H O {1 18 107 1141« 1021« 118% 116 {1 2 3 128 101 ill” ' 111 111% 111 % 114% 115% 105 1 06 101 103 80 112% 106% 98 113 111 85% 99% 90 *90" 110 110% 112 9 9% 100 85 no Too" 100 % ioá" 7 1% 115* 103 40 113% 106% 113 126 60 102% 103 109 107 110 111 1 21 97 110 111 100 108 120% 121% 9 3% 55 127 % 108 103 109 121% {3 % +3 ^ {• % 2 10% 4% 3% 1% % 90 11% 9 7% »4 1 1% 132 167 9 7 93% 55 % 1*28 103% 108% 10 43 201 % iö i" 40%! 55 % { In L o u d o n . B id . R a il r o a d S t o c k s . C ataw issa— (C ont’d) —2 d p r e f .. .5 0 C edar F a lls & M in n esota ............100 Central*bf G e o r g ia ......................... 1 00 C entral I o w a ..................................1 0 0 do 1 st p r e f....................100 do 2d p r e f..................... 1 00 C entral M a s sa ch u se tts ............. .1 0 0 do p r e f . . .1 0 0 C en tra l o f N ew J e r s e y ................100 C en tra l O h io..................... 50 do P r e f ................................. 50 C entral P a c ific ..................... 100 C h a rlotte Col. & A u g ................... 100 C hesap eake & O h io , co m m o n ..1 0 0 do 1 st p r e f . . . 100 do 2 d p r o f . . . . 100 C heshire, p r e f ................................. 100 C h ica go & A lto n .............................100 C h ica go & A tla n tic B e n e flo ia ry ___ C h ica go B u rlin g ton & N o r t h ...1 0 0 C h ica go B u rlin g to n & Q u in c y .. 100 C h ica go & C anada S ou th ern . . . . C hioago & E ast I llin o is ................. C h ica go & G ran d T r u n k ............... . C hioago & Ind. C oal R a ilw a y .......... do do pref. C h ica go M ilw a u k ee & St. P a u l. 100 do p re f., 7 . l o o C hicago & N orth W e s te r n ..........100 do P r e f., 7 ..1 0 0 C h ica go R o o k Isla n d & P a o ___ 1 00 Chio. St. L ou is & P itts ................. 100 do pref 100 Chio. St. P . M inn. & O m .,e o m ..lO O do p r e f .. 100 C h ioago & W est M ic h ig a n .. . . . . 1 0 0 Cin. H a m ilton & D a y to n ........... 100 do P r e f____ Cin. In d ia n a p . St. L ou is & Chio. 100 C in cin n a ti & M ilfo r d ..................... C in cinnati N. O. & T e x . P a o ___ 100 Cin. S an d u sk y & C le v e la n d ......... 50 do P r e f., 6 .5 0 Cin. W ashington & B a lt............. 100 do p r e f .. 100 C lev. C ol. Cin. & I n d ia n a p o lis .. 100 C lev elan d & C a n to n ............................ do do P r e f .. C lev. & P ittsb u rg h , g u ar., 7 ........ 50 C olu m bus & X e n ia , g u ar., 8 ..........50 Col. H o ck . V al. & T o l................... 1 00 C olu m bia & G r e e n v ille ,p r e f.... 100 C o n co rd ................................................ 50 C o n co rd & P o rtsm o u th ,g u a r.,7 100 C on n ecticu t & P a ss u m p sic........100 C o n n e cticu t R iv e r ......................... 100 D a n b u ry & N o r w a l k .. ...................50 D a y to n & M ich ig a n , gu a r., 3 % ..5 0 do F rer., g u a r., 8 .5 0 D e la w a re & B o u n d B r o o k ......... 100 D e la w a re L a ck . & W e ste rn ..........50 D en v. & R io G r................................100 do do p re f.1 0 0 D e n v e r & R io G ran de W estern ........ D es M oines & F o rt D o d g e ................. do do P r e f .. Det. L a n sin g & N orthern , 0 0 m .1 0 0 do do P r e f.1 0 0 D ubuque & S iou x C ity ............» ..1 0 0 East T eun . V a. & Ga. R y .............100 do do 1st p r e f .. 100 do tlo 2 d p r e f .. . 100 E ast P e n n ........................................... 60 E ast & W est, A la b a m a .................. E astern (M a ss.).............................. 1 00 do P r e f . ......... ....................... E astern in N . H .............................. 100 E lizabeth L ex. & B ig S a n d y ____100 E lm ira & W illia m sp o rt, 5 ............ 50 do P r e f., 7 ..5 0 E rie & P itts b u rg , g u ar., 7 ............50 E v a n sv ille & T e rre H a u te .............50 F itch b u rg . P r e f.............................. 1 00 Flint & P e re M a r q u e t t e ..................... do do P r e f........... F o rt W orth & D e n v e r C .............. 1 0 0 G a lv. H arrisb. & San A n t o n i o ........ G eorgia P a c ific ...................................... G e o rg ia R a ilro a d & B an k ’g C o. 100 G ran d R ap id s & I n d ia n a ................... G reen B a y W in on a & St. P a u l.. 100 H ou ston & T e x a s C e n tra l. . . . . . 100 H u n tin g d o n & B ro a d T o p .............50 do do P r e f . . . 50 Illin o is C en tra l................................100 do L ea sed lin e, 4 p. e. 100 In d ia n a B lo o m in g to n & W est’n 100 do assess, fu ll p a i d . . . . I o w a F a lls & S iou x C ity .............. 100 Jeft’v . M ad. & I n d ’p ’ s, le a s e d .. 100 J o lie t & C h ica go, g u ar., 7 .......... 1 00 K a n a w h a & O h io .................................. do l s i p r e f................... do 2 1 p r e f.................... K ansas C ity F t. S co tt & G u l f . .. 100 do do p r e f .. 1 0 0 K ans. C ity S prin gf.& M em p h is....... Kan. C ity C lin ton & S p rin gf’ld .1 0 0 K e n tu ck y C e n t r a l......................... 100 K eoku k & D e s M o in e s..................100 do p r e f .................. 100 K in g sto n & P e m b r o k e ........................ La&e E rie & W estern, ass. p d ..l O 0 do P ref. w h en issued L ake S h ore & M ich . S o......... .......l o o L e h ig h V a lle y ....................................50 L ittle R o c k & F o r t S m ith ........... 100 L ittle M iam i, le a se d , 8 g u a r ___ 5 0 L ittle S ch u y lk ill, le a se d , 7 ........... 50 L o n g I s la n d ................................ 50 L ouisiana & M o. R iv e r, c o m ... .1 0 0 do P r e f ...................... L m isville & N a sh v ille .................100 | O oa^ ou o f. | P rice p e r share, A sk 15 20 46% 6 5% 51% 80 8 0% 137% 138 109' 109% 43% 80 86% 117 110% 139 124% 16 33 46% 106% 56% 1 40 90 9 7% 80 45 25% 52 5 8 60 7 28 152 170 3 4% 46 84 96 98% 95 48 25% 54 6 8% 61 7% 28% 152 173 36 120 118 1 10 193 I2 2 ” 1 50 111 194 11 66 % 1 17 % 111 1 40 126 18 39% 48% 107% 57 75 167 168 J 145 133% 133% 22% 23% 57% 58 20 21 15 24 70 106 1 07 13% 72 24 13% 75 24% 49 25% 2 6 % 130% 131 138% 139 109 108 17 41 60 106 87 87 104 29 23 93% 94 21% 1 2 1 % 30 25 190 192 15 10 12% 13 41 15% 17 32 35 132 % 1 34 96 96 15 16 19 17 65 67 70 130 8 6% 23 24% 1 1% 10 70 65 ClóO 133 6 9% 69 45 35 14 36 36% 23 58 91 % 56% 46 168 57 94 14 36 37% 24 59 9 1% 56% 47 57% 57% 9 5% c In F ra n k fort. THE CHRONICLE 182 [V ol. XLTV, GENERAL Q U O T A T I O N 'S O F S T O C K S A N D B O N D 3 — C o n t in u e d . F o r E x p la n a t io n s See N o tes a t H e a d o f F ir s t P a g e o f Q u o ta tio n s . R a il r o a d s t o c k s . B id . A sk. 11R . STO C K S. C o n t in u e d . L ou isv.N .A .& C h ic.lO O 56 60 M a co n A A u g u sta ........ M a in e C e n t r a l . ... 1 00 150 155 M an . & L a w ’c e ___ 100 205 206 16 16 M an. B each C o ... 100 M a n h a tta n , c o n ... 1 0 0 1 55 % M a rq . H . & O n t.. .1 0 0 do P re f-.lO O 59 60 M e m p h .A C h a ri___ 25 M e x ica n C entral ..1 0 0 12*8 13 8 9 M e x ic a n N a t io n a l.... 31 do p r e f .. I 29 M ich ig a n & O h io ......... do P r e f.. M ich ig a n C e n t___ 100 88 25 M id la n d o f N ew J ersey 67 71 M il. L a k e 8. A W ..1 0 0 95 < 100 4 do p r e f. 100 57 M in e H ill & 8 . H . . . . 50 17% 18 M ln n eap . A St. L ..1 0 0 4 0% 41 do P r e f . .. 1 00 27 2 7% M is so’l K a n ,& T e x . 100 M issou ri P a c ific ... 100 105% 106% 15 M o b ile A O h io ........1 00 141 M orris & E 'x , g u .,7 .5 0 140 82 83 N a sh v .C h a t.A St. L .2 5 N ashu a A L o w e ll. .1 0 0 1 5 9 is 161 67 N ’squ eh on in g V a ll’y 5 0 555 5 N e w Je rs e y & N. Y ___ 20 do P ref. N . L ou d . A N orth ’ ll 100 N .Y .C e n t .* H .R iv .1 0 0 110 % 110% 10 10% N .Y .C h lc.A S t .L .. . 100 18% 19% do P ref. 100 22 17 N . Y . C ity & Northern. N . Y . A H a rlem . . . .50 N .Y .L a ck .& W est.. .100 1 05 % 107 39% 2 9% N .Y .L .E rie A W est. 100 66 6 8% do P re f.1 0 0 5 8 % 5 8% N .Y . A N. E n g la n d . 100 125 126 do P ref. 100 N .Y .N H .A H a rtf.lC O 16*8 N .Y . O nt. & W e s t .. 100 ’ ï é ‘ N . Y . P enn . A O h io . . . do P ref. 11% N .Y . 8 usq. A W estern . 32% do P ref. N .Y . W est S hore & B .. 18 N orf.& W est,, c o m .1 00 45 do p re f.1 0 0 N o. P e n n s y lv a n ia ..50 79 N o rth e rn C e n tra l. . . 50 127% N o rth ’n N. H a m p .1 0 0 2 6% N o rth ’ll P a o., c o m . 100 5 7% do P r e f.1 0 0 178 F o r w . A W orcester. 100 19 O g d . A L . C h a m p .100 21 O h io A M iss............ 100 85 do P r e f. 100 O h io S ou th ern ........1 00 O ld C o lo n y ............. 100 178% 179 12 O reg .A C a l. ass. p d .1 0 0 t l ° 22 a o P ref. ass.p d 100 t20 O re g o n S h ort L in e .. 30% 30*8 O re g o n T ra n s -C on t. . O s w e g o A S yr., g u a r .. 1 50 P e n n sy lv a n ia R R . .5 0 551% 54% 20 14 P e n s a co la A A tla n tio 34 33 P e o r ia D eo. A E v .. l 0 0 6 8% 69 P e t e r s b u r g ............. 100 26 P h tla . A E r i e ........... 50 5 . . . . 3 5 % 35% P h lla . A R e a d in g ...5 0 do P r e f ___ 50 5....... 70% 71 P h lla . W ilm .A B a l t .50 P itts . C in. & St. L .. 5 0 P itts . A C on., l ’s e d .5 0 do P r e f. 145 P itts .F t.W .A C .,guar.7 145 19 P itts b u rg A W estern . P ort.B a oo & P orts,lsd 6 132% 133 5 P o r t R o y a l A A ugu sta 120 P orts. G t.F . A C o n .lO o 118 P r o v . A W oro’s te r .1 0 0 140 B e n s . A S a r a to g a .. 100 8% '■*8% R ic h . A A lieg., r e c ___ R ic h m o n d & D a n v . 1 00 B loh . F . A P ., c o m .100 115 do G u ar. 7 .1 0 0 150 128 do do 6 .. R ic h m o n d & P ’b ’g .1 0 0 102 43% 43*e B ioh . A W est P o in t___ 81 79 do P r e f ............. 101 97 R ic h m o n d Y o r k R . A C 4 4 R o ch e s te r A P itts . 100 84 81 B orn e W . A O g d ... 1 00 8% 8% R u t la n d ..................1 00 3 5% 36 d o P r e f., 7 . . 1 00 31 27 St. J o se p h A G ’d Isl’ d. 30 33 S t.L ou is A lt. & T .H .1 0 0 80 do P r e f.1 0 0 2 2 1" 2 2% S t. L . A rk .& T exa s . . . 9 7 “ S t. L . F t. Soott& W ich. 30% 29 Bt. L ou is A San F r.10 0 64 62 d o P r e f____1 00 d o l s t p r e f .1 0 0 111 % 13 12 8 Bt. L . V a n . A T. H ___ 5 8% 60 Bt. P a u l A D u lu th .100 108% do P re f.1 0 0 108 115 Bt. P .M in n. & M a n .1 00 114 10 15 B oioto V a lle y ......... B eab’d A R oan okelO O South C a r o lin a .... 100 So. P a d fio C o..........100 B’w est., G a ., g ’d, 7 .1 0 0 128% .2 9 B yr. B in g. A N . Y .1 0 0 B um m it B ra n ch ,P a . 50 " 9 % Ï Ô " S u n b u iy A L e w is t..5 0 48 95 T e rr e H . A I n d ’n a p .5 0 100 21% 22 T e x A P a c. ass. pdlOO 14 T ol. A n n A rb o r A N. ill 20 T o l. Cin. A 8t. Louis 13c. l5o. M is c e l l a n e o u s . C O A L A M IN IN G S T O C K S , N .Y . C am eron Iron A C oa l5 0 C olorad o C oal A 1 .100 C on sol.C oa l o f M d .1 0 0 H om esta k e M in’g .1 0 0 M a ry lan d C o a l___ 1 00 N ew C entral C oal .1 0 0 N. Y . A P e r r y ....... 1 00 O n tario Sil. M in’g .1 0 0 P en n sy lv a n ia C o a l.50 Q u ick silver M in’ g .1 0 0 do p r e f.1 0 0 Tenn. Coal ATronCo 1 0 0 W yom in g V al. Coal. 100 ' P rice nom inal: no late transactions. B id . T ol. A O hio C e n t r a l... do P re f. T ol. Bt. L. & K . C ity ■ do ** p re f771 U .N .J .R R A C. Co. 100 2 1 6 55% Onion P a c i f i c .. .. .1 0 0 (Jtah C en tra l.......... 1 00 U tica A B la ck R i v .l 00 V o.A M a ss.,l’s e d ,6.1 0 0 140 V ioksb. A M e r id ia n . . . 3% do p ref V irginia M idland 13% V ab a sh P u r. co m .ce rt 22 do P r e f.1 0 0 W arr’n (N .J .),l’s’d ,7 .5 0 V e st J e r s e y .............. 50 V est J ersey A A tla n tic V e s t e m M a r y la n d .. . .1 V il. C olu m bia A A u g .. Wilm. A W eldon , 7 .1 0 0 V isoonsin C e n t r a l___ do P r e f. V orc’ terA N a sh u a . 100 CAN AL BONDS. C hesap. A D e la w a re — 1 st m ort., 6s, '8 6 J A J C ie s. A O .—6s, ’ 7 0 .Q .-J Del. A H .—7 s . ’ 9 1 .J A J 1 st e x t ., 1 8 9 1 ..M AN C oup. 7s. 1 8 9 4 . A AO 1 st P a .D .cp .,7 s,M A S L ehigh N a v ig a t io n 4 % s, 1 9 1 4 .........Q —J R R . 6 s, re g ., ’ 9 7 .Q -F C on v 6 s,g .rg .’94M AS 6 s ,g .,cp .A rg ..’9 7 J A D C on s.M .,1 9 1 1 7 sJ A D 87 Penn.— 6s, cou p ., 191 0 S chuylkill N a v .— 1 st M .,6 s , 189 7 .Q -M 2 d M .,6 s , 1 9 0 7 ..JA J M ort. 6s, cp ., '9 5 JAJ 6s, im p . ,c p ., ’ 8 0 M AN 6 s,b tA ca r,1 9 1 3 M A N 7 s,btA oar,1 9 15 M A N 25 Susq.—6 s,o p .,1918 JAJ 7s. cou p ., 1 9 0 2 ..JA J CAN AL STOCKS, C h esap ea k e A D e l. .5 0 Del. A H u d s o n ___ 100 101 % 39 Del. D iv . lea sed , 8 ..5 0 Lehigh N a v ig a tio n ..50 J 49 78 M o m s , gu ar., 4 ___ 100 d o p i.,g u a r ,1 0 ..1 0 0 200 P e n n sy lv a n ia ........... 50 S ch u y lk ill N a v ........50 do d o p r e f. 5 0 M IS C ’ L L A N E O U S BONDS. C an ton (B alt.)— £ 6s,g. M ort. 6s, g .,1 9 0 4 J A J U n. R R .,l s t , en d ., 6s 98 C ol.C oa lA Iro n — 1 st,6s C ov.A C in.B ge. 5s,3 -5 y 101% 5s, 5 y e a r s ........ M AS 102 % H en d ’ u B r id g e t s , 1931 103% 92 O r .I m p ., 1st, 6s. 191 0 Oreg.R . A N . I s t.6s, J A J 108% D eb en tu re 7s, 1 8 8 7 . Con. 5s 1925 J .A D .. 102 Pullm ’n P a la c e C ar— 3 d series, 8 s,’ 8 7 F A A 4 th d o 8 s,’9 2 F A A D e b ’n t’re,7 s,’8 8 A A O St. L. B rid ge A Tun— 1st. 7s, g, 1 9 2 9 .A A O ♦133 T en u .C .A L .,oon .6s....... 105 South P itts, 1st, 6 s .. 102 n iS C ’ L L A N E O C S STOCKS. A m er. B an k N ote C o .. A m er.C otton Oil trusts A sp in w all L a n d ___ 10 B oston L a n d ............. 10 B oston W a ter P o w e r .. B rookline (M ass.)L ’d 5 C anton C o. (B a lt .).1 00 C ev. A Cin. B rid g e, p f. J oliet S teel C o ........1 00 K eeley M o to r............... M averick L a n d .. .. 10 N .E .M tg .S ecu r.iB ost., N. H am p sh ire L a n d 25 N .Y .A T ex .L d .,L im . 50 L a n d scrip 40 O regon Im p rov em en t. 99 O regon R y .A N .C o .1 0 0 49% Pacific M ail SS. Co. 100 Philadel. Co. N at. G a s. 111 % Pullm’ n P a la c e CarlOO 1 44 St. L ou is B ’d g e .ls t p r e f {1 0 4 2 d p re f. ce rtifica te s . 152 S t.L o u is T u n n el R R . . 1108 60 St. L ou is T ra n sfer C o. 8u. Stand. W a ter M e t e r ... U nion St’k Y ds. A T r.C o 120 13% W est E n d L ’d (B iston) A sk 6 0% 141 114 6% 98% 109% 92% 102% 137 62% 8*8 8% 5*0 5% 128 2% 102 500. B id . M is c e l l a n e o u s . E X P R E S S S T ’C K S A d a m s .................... 1 0 0 A m erican ..................1 00 U nited S ta te s........1 00 W ells, F a rg o A C o. 1 00 T E L ’P H STOCKS AN D BON DS. A m er. D ist. T e l .. . 100 A m e rica n T el. A Cable A m erican R a p id bonds A tla n tio A P a cific st’k B an k’s A M e r c h ’ts.10 0 1 st m o rtg a g e ............. R e ce iv e rs ’ c e r ts ........ G en era l m ort. c e r t .. B altim ore A O h io........ C ent. A So. A m . C able C om m ercia l T el. C o ... P r e fe r r e d ..................... F r a n k lin ................ 1 00 G o ld A S to c k ........1 00 B o n d s ........................... M anh attan T elegrap h . M e x i c a n ................. 1 00 M utual U n ion ........1 00 N. Y . M u tu al U n. T e l.. M utual U n ion 6 s ----N’ w est.. 7 h. 1 90 4 .J A J P o sta l T e le g r a p h .. 100 B o n d s, 1st 6 s ........... P ostal T. A C a b le ....... 8o. T e l., 1st m ort, b ’dsj S o u th ’n A A tla n tic .25 W estern U n io n ___ 1 00 7 s, 190 0 , M. A N . . . . TELEPHONE STOCKS. A m erican B e ll........1 00 A m er. S p e a k in g ... 100 C olom b ia A P a n .. .1 0 0 E ast T en n essee............. E r ie ................................... G lo b e ............................... H u d so n R iv e r ........1 00 M e x ica n .......................... N ew E n g l a n d ............. N ew Y o r k A N. J ersey N . Y . S tate O v e rla n d . P e o p l e s .......................... S ou th ern N . E n g la n d . T ro p ica l....................... 10 W . I T elegr. A T ele.1 0 E L E C T R IC L IG H T STOCKS. B ra sh ......................... 100 B ru sh U lum in at’g 100 E d is o n .............................. E d ison Illu m in a tin g .. S w an In o a n d e so e n t. . U n lted S ta te s ................. U n ited States 111. C o .. T R U S T C O .’ S S T O C K S , N .Y . A m . L o a n A Trust.IOO B ro o k ly n T ru st........25 C e n tra l...................... 100 F a rm ers’ L oan A T r.25 K n ic k e r b o c k e r ___ 100 L o n g I s la n d ..........130 M e rca n tile.......... ..1 0 0 M etrop olita n . . . ..1 0 0 N. Y . G u ar. A I n d ..l0 0 N. Y . L ife A Trust.IO O U n io n .........................100 U nited S tates......... 100 N .Y . A B B ’ K L Y N HORSE RRS. B le e c k e rS t.A F u lt.F ’y 1 st m ort., 78, 1 9 0 0 .. B ro a d w a y A 7 th A v ... 1 st m o rt., 5s, 1 9 0 4 .. 2d m ort., 5s, 1 9 1 4 ... B’ w a y S urf., gu .,5 s,’2 1 G u ar., 5s, 1 9 0 5 ......... B rooklyn C ity ............... 1 st m ort., 5s, 1 9 0 2 .. B ro o k ly n C ro ss to w n .. 1 st m ort., 7s, 1 8 S 8 .. B u s h w lo k A v . (B klyn.) C en tra l C ro ssto w n — 1st m ort., 6s, 1 9 2 2 .. C entral P k.N A E .R iv . C onsol. M., 7s, 190 2 . C hristop her A 10th St. B on d s, 7s, 1 8 9 8 ........ D r y D k .E .B .A B attery I s t M., cou sol.78, ’ 93 S crip 6s, 1 9 1 4 . . . . . . 7 E ig h th A v e n u e ........... S crip 6s, 1 9 1 4 ........... 4 2 d A G ran d St. F ’y . .i 1st m ort., 7 s, 1 8 9 3 .. 4 2 d St. Man. A St.N. A v . 1st m o rt., 6 s ___ 1___ 2 d ino., 6 s ................... H o u st.W .S t.A P a v . F ’y 1 st m ort., 7s, 1 8 9 4 .. N inth A v e n u e ............... S e co n d A v e n u e ............ 1st m o rt., 5s, 1 9 1 0 .. C onsol. 7s, 1 8 8 8 ........ ‘ S ix th A v e n u e ............... 1 st m o rt., 7s, 1 8 9 0 .. T h ird A v e n i f e ............... 1 st m o rt., 7s, 1 8 9 0 .. T w e n ty -T h ird S t ......... 1 st m ort., 7s, 1 8 9 3 .. GAS STOCKS. B alt. C onsol. G a s .......... B oston G a s lig h t .. .5 0 0 E ast B o s t o n ............. 25 R o x b u r y ....................100 S o u th B o s t o n ......... 1 00 t Purchaser also pays a ooru ei interest. A sk . 142% 108% 110 62 63 128 70 75 47 1 55 2 93 100 102 103 33 96 102 125 140 25 92 72% 84 101 4 30 75 85 35 60 7 2 % 7 2% 118 119 211 115 212 125 27% x 2 8 1% 1% 43% x 14 50o. 75c. 80 100 110 195 200 97% 110 *35' 95 121 100 3 05 4 35 440 117 157 190 135 105 5 10 410 520 325 28 30 116 ¿3 0 106 L05 112 210 103 200 140 100 100 180 106 165 105 150 155 1 16 190 110 175 108 155 165 iïé ‘ 1 20 120 110 120 120 130 112 % 1 60 165 105 1 90 1 07 200 110 220 112 31 102% 107 110 ¿3 5 117 35 108 46 140 110 112 1 05 180 107 101 110 220 1 05 245 112 100 2 03 115 225 107 248 114 5 6% 56% 8 6 0 8 70 38 40 1 90 191 1 1 0 x 1 ......... t In London. M is c e l l a n e o u s . B id. Ask. B rook lin e, M a s s.. . 1 00 109 110 C am b rid ge, M a ss.. 1 00 x l6 0 165 C helsea, M a s s ........1 00 x l0 7 110 D o rch e ste r, M a ss. . 1 00 x l0 6 109 J a m a ica P l’n,M asslOO X141 141% L a w ren ce, M a ss. ..1 0 0 i x l 3 6 139 L o w e ll....................... 1 00 195 200 L yn n , M ass., G . L ..1 0 0 109 111 M aid. A M e lr o s e .. .1 0 0 x l0 4 106 N ew ton A W a t’n ..1 0 0 x l3 8 141 Salem , M ass........... 1 00 100 102 B ro o k ly n , L . 1.......... 25 102 105 C itizens’ , B r o o k ly n .20 57 65 M etrop olita n , B ’k ly n . 78 80 N assau, B r o o k ly n ..2 5 102 105 55 P eop le’ s, B r o o k ly n . 10 60 W ilu am sb ’g , B ’k ly n 50 125 130 C harle8t’n ,8.C .,G a s.2 5 18 C h ica go G .A C oke.IO C i ï é % 122 C in cin n a ti G . A C o k e . 182% 184 31 H a rtfo rd , C t., G . L ..25 J e rs e y C. A H o b o k ’n 20 160 70 P eop le’s, J e rs e y C ........ L o u isv ille G . L ............. 114 115 C entral o f N . Y ........50 60 86 C on solid a ted , N .Y .1 0 0 86% E qu itable, N. Y ............. 110 119 M utual o f N . Y . . . . 1 0 0 103 105 89% 91 N. O rleans G . L . ..1 0 0 70 P ortla n d , M e., G . L .5 0 75 St. L o u is G a s T r .. . 100 83% 85 L a cled e, St. L o u is . 1 00 102% 105 San F ra n c is co G . L 39% 39 % W ash ’to n C ity G. L .2 0 G O L D A S IL V E R M IN IN G STO C K S^ (N. Y . A SAN . F R A N .) 100 A lic e .................................. 1*50 A lta M o n ta n a .........100 A m i e ........... . . . . . . . . 1 0 15 B a rce lo n a •20 B assiok..................... 100 B e c h t e l.. B elle I s le ..................100 B o d ie ..........................1 0 0 Bui w e r .......................100 C aled on ia B . H ___ 100 1-30 C onsol. C a lifo rn ia . 1 00 C h r y s o lit e .................. 50 C h o lla r...................... 1 00 C onsol. P a c i f i c .. .. 100 C row n P o in t ........... 1 0 0 D u n k ln .. E ureka C o n s o l.. . . 1 0 0 F a th er D e S m e t . . 1 00 G o ld S tripe G o o d s h a w ................ 1 0 0 G ou ld A C u rry S ..1 0 0 Green M o u n ta in ___ 10 H a le A N o ro ro s s. .1 0 0 H o ru S ilver In d e p e u d -m o e ........1 00 Iron S ilv e r.................. 20 L a cro s se ............. . . . . 1 0 u e a d v ille C o n so l___ 10 L ittle C h i e f ............. 50 L ittle P itts M ex ica n G . A S ilv .1 0 0 N avalo . . . .............. 100 O p h i r . . . . ...................10 P o t o s i . . . . ................ 1 00 R ap p a h a n ook ............. 1 Elea E le p h a n t ..........10 R obinson C o n s o l.. 50 S ie r r a N e v a d a ....... 1 00 S liv er C liff.................. 50 Spring V a l l e y ..............1 1-15 S ta n d a rd ..................1 00 4*40 U nion C o n s o l..........100 B O ST O N M IN IN G S T O C K S .^ 2% 2 A llou ez........................ 25 11 10 A tla n tio ...................... 25 8 5 B run sw ’k A n t im o n y .5 211 C alum et A H e o l a ...2 5 2 10 33o. 350. C atalpa S ilv e r ..........10 20 C en tra l....................... 25 x l 8 1 C op per F a lls .............5 0 12% 12% F r a n k lin .....................25 2% 1% H u r o n ......................... 25 1 M in n e so ta ..................25 1% % N a tio n a l..................... 25 22 O s c e o l a . . . . ................25 x 2 1 2% 2 P e w a b i c ..................... 25 54 Q u in cy ......................... 25 x5 2 2 1 R id g e ............................25 93 90 T a m a r a c k ..................25 M A N C F A C T »1 N G S T O C K S. 810 A m . L in en (F a ll R iv .) 8 00 A m o ry (N. H .) ____.1 0 0 108% 110 ¿310 A m o sk e a g (N .H .) 100 0 230 0 A n d ro s co g ’n (M e.).1 00 LOO 102 A p p le to n (M ass.) .1 0 0 0 5 60 600 A tla n tic (M a ss.). . . 1 00 114% 115 104 B a r n a b y (F a ll R iv .) . . . 100 82% 80 B arnard M fg. ( F .R .) . . 150 B ates ( M e .)............. 1 00 149 jB o o ttC o t. (M ass.) 1000 1375 1390 B ord er C ity M fg . (F .R .) 125 B oston C o.(M ass.)1000 1080 1100 147% B oston B e ltin g ___ 1 0 0 147 B ost. D u ck (M as8.)700 x325 900 100 95 C haoe (F a ll R iv .) .1 0 0 C h icop ee (M ass.) ..1 0 0 110 110% C o ch e co ( N .H .) ....5 0 0 540 560 7% 7% IC ollinsC o. (C o n n .)..1 0 60% 61 C on tin en tal ;M e .). 100 70 C res’t M ills (F . R .) 100 C rystal Spr. B 1.(F .R .}60 ” ¿5 D a v o l M ü ls (F. R .) 100 D o u gl’s A x e (M ass) 100, D w ig h t (M a ss.). . 5 0 0 j 700 71Ö § Q u ota tion p e r share. February 5, 1887. J JLJlíxü GEN ERAL QUOTATIONS UMKUJNICLE. OF STOCKS A N D JO D BONDS— C o n o lod sd. F o r E x p la n a t io n s See N otes a t H e a d o f F ir s t P a s o o f Q u o t a t io n s . B id . A sk. B a n k St o c k s . 60 Everett ( M a s s .) - - 100 Fall Riv. Iron W . .1 0 0 F. R. M achine C o .. 1 00 F B. Merino C o —.1 0 0 89 Flint Mills (P . R .) 1 00 Franklin (M e.)—. . 100 100 Gl’be Y.M iU s(P.R.) 100 120 Granite (F .R .)—..1 0 0 0 Great F alls (N. H .)1 0 0 92 Hamilton (M ass.) 1000 6 8 0 Hartf. C arpet (Ct.)lOO 201 78 Hill (Me)...................100 Holyoke W. P o w e r . 100 200 JacKson (N. H . ) . . 100 0 1000 King P hilip (F. R .) 1 00 110 Laconia (M e)...........4 0 0 440 Lancaster M .(N .H )40 0 5 65 L’rel Lake M ills (F . R .j Lawrence (Mass.)lOOO 1450" Lowell (M a ss)........690 777 Lowell B le a o h e r y .2 0 0 123 Lowell M a oh .8h op .5 00 870 70 LymanM. (M a ss.). 1 00 Manchester (N .H .) 100 1 43 Mass. C otton ........100 0 9 25 83 Mechanics’ (F . R .) 100 Merchants’ (F. R .) 100 113 Merrimack(Mass) 1000 1390 Metacomet (F .R .) .1 0 0 Middlesex (M a ss.). 1 0 0 1 80 85 Narragans’tt(F .R ,) 1 00 Nashua (N. H .)___ 500 4 60 Naumkeag (M ass.) 109 106 85 N E. Glass (M ass.)375 . Newmarket.................... 3 30 Paoiflo (M a s s .)...1 0 0 0 1705 Pepperell (M e.) . . . . 5 00 1125 Pocasset (F. R . ) . . . 100 1110 Klch. B ord’n (F .R .) 1 00 72*3 Robeson (F. R iv .) 1000 Sagamore (F. R iv .) 1 0 0 110 Salmon F a ils(N .H .)3 0 0 2 55 25 8andw. G lass (M ass.) 80 Shove (F a llR iv .). 1 00 Blade (Fall R iv .) .. 1 00 Stafford (Fall R iv .) 100 103 Stark Mills (N .n.)lO OO 1020 Tecumseh (F. R .). 1 0 0 1 0 0 Thorndike(Mass.)1000 900 TremontAS. (Mass) 100 Troy C. < W .(F .R .) 500 8 50 fc Union C.Mf. (F .R .) 1 00 2 1 0 Wampanoag(F.R.) 100 145 ffasliingt’n (M ass.) 100 1 06 Weed Sew. M ’ e (C t.)25 Weetamoe (F. R .)1 0 0 50 Wlllim’ tio Lin en (C t)25 York Co. (M e.).......7 50 X920 BANK S T O C K S . B a ltim o r e . Bank of B a ltim ore 100 1 40 Bank of C om m erce. 15 15*4 Citizens’ —.............. . . i o 65~ P e o p le ’ s ....................100 R e d e m p t io n ........... 1 00 R ep u b lic................... 100 R e v e r e ..................... 1 0 0 R o c k la n d ................. 1 00 3 eoon d N a t..............1 00 S ecu rity.................... 1 0 0 S h a w m u t.................. 1 00 Shoe A L e a t h e r .... 100 s t a t e ........................... 1 0 0 S u ffolk........................1 0 0 T h ird N a t................. 1 00 T ra d ers’ .................... 1 0 0 T re m o n t....................1 00 U nion......................... 1 0 0 W ash in g ton ............. 1 00 W eb ster.................... 1 00 B r o o k ly n . B r o o k ly n .................. 100' F irst N a tio n a l........ 50 F u l t o n .. .................. 4 0 C ity N a t i o n a l ........ 5 0 C o m m e r c ia l............ 60 L on g I s la n d ............ 100 M a n u factu rers’ ............J M ech a n ics’ .............. 50 N assau.......................100 C h a r le s to n . B’k o f C has.(N B A ) 1 00 F irst N at. C h a s .. .1 0 0 P e o p le ’s N a tio n a l. 1 00 C h ic a g o . A m erican E x ch . N a t. A tla s N a tion a l........... C h ica go N a t ............ 100 C om m ercia l N a t. C on tin en tal N a t. Hancfac ’ in g S t o c k s Com. & F a rm ers’ .. 100 fanners’ B ’k o f M d .3 0 Farmers’ & M e r ch —40 Farmers’& P lan ters’25 first Nat. o f B a lt —100 franklin..................... 6 0 German A m e r ic a n ___ Howard............... . 1 Marine.................... ."— 3 0 Mechanics’ ......... — " l O Merchants’ .............. 1 0 0 National E x e h ’g e . 100 People’s ....................... 2 5 second N a tion a l _ '_ 10 0 Third N a tion a l___ 1 00 U n io n ....... . . . . . . . 7 5 Western............. " " ” 2 0 B o s t o n , if ‘ “ antic.................... 1 0 0 Atlas....... . . . . . 1 0 0 Blackstone————1 0 0 Boston N a t............. 1 0 0 SWstoa...................100 Broadway...............1 0 0 B®ker H ill............1 0 0 Spiral.................... . 1 0 0 £?••••.................... 1 00 Columbian............... 1 0 0 commerce.............. 1 0 0 wnunonwealth. „ 100 Uontmental............1 0 0 ¡ W H an. — .1 0 0 S N ational........ 1 0 0 i?8t W ard.............. 1 0 0 j ^ t h N a tio n a l.. 1 0 0 f c a n s ’ ............... 1 0 0 jjaoulton.......... V. . 1 0 0 & A L eath®r — 100 ^annf1 'A*.........----1 0 0 goofa otu rers’ . . . 1 0 0 ^ ^ B r i 'g 'h t o n ) ! 100 c e r tt8-*--fss 3 Monnm°lit a n ..........1 00 5«oument.............. 1 0 0 f e ® - - ........1 00 % o r n g lan d ........ 1 00 f o r t h ! ' ..........1 0 0 ! Old^„Am enea.. . . 1 00 B o s t o n . . ............. 5 0 A sk . Ban k sto c k s. B id . A sk . I n s u r a n c e St o c k s . B id . Ask. C o n t in e n t a l............1 00 121 B oston . C o m E x o h a n g e . . . 1 00 185 Am erio& n F . & M ..1 0 0 120 125 | ast R iv e r ..................25 125 E B o s to n ....................... 1 0 0 143 1 45 E lev en th W a r d ........25 125 B o y ls t o n ...................1 00 93 90 94 F irst N a tio n a l........1 00 1300 D w e llin g H o u s e ...1 0 0 86 100*3 88 F ourth N a tio n a l.. . 1 00 141 144 E lio t ............................100 125*3 1 2 6 F u lto n ..........................3 0 1151 F ire m e n ’ s .................1 0 0 191 ¿5 0 0 191*a 119 F ifth A v e n u e ..........1 0 0 725 M a n u fa ctu re rs’ . „ 1 0 0 33 93 40 103*4 G a llatin N a tio n a l „ 5 0 200 M ass. M u tu a l.......... 1 00 124 685 1 25 120 G a rfield ..................... l o o 150 M erca n tile F . & M .10 0 130 1 3 3 2C6 110*8 G erm a n A m e r ic a n . .75 106 N e p tu n e F . & M ...1 0 0 93 78*4 97 96*s G e rm a n ia ................. 1 00 200 N orth A m e rio a n - 1 0 0 1 0 0 105 96 G r e e n w ich ..................25 112 P re s co tt.............. .1 0 0 1 00 1*0*50* 100*a 103*3 H a n o v e r................... 1 00 157 S h oe & L e a th e r. ..1 0 0 3*9 4 112*3 138 Im p o rte rs’ & T r . . . l 0 0 315 W a s h in g t o n ............ 1 00 450 98 101 123*s 125 I r v in g ........................... 5 0 139 141 C in c in n a t i. 567 102*t 102*« L e a th e r M a n u fts .. 1 00 200 A m a zo n (n ew sto ck ) 20 1 0 0 90 102*9 M a n h a tta n ................ 5 0 159 A u ro ra ........................20 4 60 1 00 128 132 M a rk et......................1 00 161 162 C in cin n a ti...................25 145 1 5 0 780 315 M eohanios’ .................25 167 1 70 C itizen s’ ...................... 20 1 40 130 150 1 55 1 60 M ech a n ics’ * T r „ .2 5 1140 C o m m e rc ia l................25 225 375 320 M e r c a n t ile ............. 1 00 1136 E a g le ..........................1 00 2 80 130 M erch a n ts’ ................ 50 137 E n te rp ris e ................ 20 ’ *5*0" 6 0 143*3 115 120 M erchants’ E x o h ’g e 5 0 104 E u r e k a ....................... 20 200 935 128 M e t r o p o lita n ........1 00 30 35 F id e lit y ..................... 100 107*9 110 90 210 2 2 5 N assau........................ 50 138 F irem en ’ s ..................2 0 115 152*9 210 220 N ew Y o r k ............. .1 0 0 207 G e r m a n ia .................. 20 140 0 110 N. Y . N a t. E x o h ’gelOO 123 G lo b e ...........................20 121 1 10 N ew Y o r k C o u n ty . 1 00 200 M erch a n ts’ * M a n u f 20 197*3 200 183 2 05 N inth N a tio n a l—..1 0 0 128 135 M iam i V a lle y ...........50 87 80 200 122 N orth A m e r i c a ___ 70 470 N a tio n a l....................100 Í 5 5 * 1 65 N orth R iv e r .............. 30 124 S e c u r i t y ................... 100 107 95 123 O rien ta l.......................25 187 193 90 W a sh in g to n ...............20 1 40 115*3 117*s P a oiflo..........................50 1152 160 350 W e ste rn ..................... .2 5 1 80 150 P a rk ........................... 100 1171 175 1710 H a rtfo rd , C o n n . P e o p le ’s .......................25 165 1140 ¿Etna F ir e ................ 100 2 5 4 2 57 116 P h e n lx ......................... 20 110 120 C o n n e c ticu t —.........100 1 1 7 119 2 25 R e p u b lio ................... 100 136 137 75 H a r t fo r d ................... 1 00 2 8 8 2 95 1 40 S eoon d N a tion a l..IO O 1230 1000 M erch a n ts’ N a t— N a tio n a l....................100 1 30 1 35 360 1108 S eventh W a r d ........100 115 O r ie n t........................ 100 90 92 156 Shoe & L e a th e r___ 100 1135 275 P h oen ix...................... 1 00 1 90 200 137*s 140 St. N ich o la s ............. 100 119 120 30 S team B o ile r .............50 110 155 S tate o f N . Y ........... 100 105 85 L ondon, Fug. 7 00 T ra d e sm e n ’s ............. 4 0 1106 65 C o m m e rcia l U n io n . J85 18 19 167 *s U n ited States N a t. 100 1210 105 G u ard ia n .....................50 69 71 175 P h ila d e lp h ia . § 1050 Im p e ria l F ir e ............25 1 6 0 1 65 C in c in n a ti. B’k o f N . A m e r ic a . 100 344*q 345 110 L a n ca sh ire F . & L —25 6 6*9 in cinnati N a tio C entennial N a t___ 1 00 141*3 142 1000 C itizens’ N a tio n an a l.— 1 95 100 L o n d o n A s s .C o r p .l 2 * 3 52 54 76 C l........ 180 C entral N a tio n a l—100 3 0 5 3 06 114 L iv . & L on d . & G lo b e . 2 32*9 33*9 C om m ercial B an k ........ 1 10 125 C ity N a tio n a l........... 50 132 132*3 N o rth ’n F ir e & L ife —5 9 00 53*3 54*9 F id e lity N ational 165 175 105*i N o rth B rit. & M e r. 8% C o lu m b ia n .............. 100 105 37*3 38*9 F irst N a tio n a l............... 2 75 2 90 C o m m e rcia l N a t ___ 50 62*3 150 Q ueen F ire & L i f e — .1 3% 3% F ou rth N a tio n a l........... 185 190 C om m on w ealth N a t 50 50 106*3 R o y a l In su ra n ce ........ 3 37*fl 38*9 G erm an N a tio n a l........ 150 C on solid a tion N a t —30 *71*" 72 N e w O r le a n s . M erch a n ts’ N a tio n a l.. 151 62*3 C orn E x o h a n g e N a t.50 60 C re sce n t M u tu a l........... 43 M etrop olita n N a t ........ 135 140 E ig h th N a t............. 100 274*« 275 54 F actors.’ a n d T ra d e rs ’ . 75*3 82*9 N at. L a f. & B k . o f Com . 2 75 285 F irst N a t ..................1 00 2 35 2 37 9 40 F ire m e n ’ s ........................ x 6 0 Queen C ity N a tio n a l— 1 00 105 F a rm ers’ & M ech.N . 100 165*9 G e r m a n ia ...................... 1*2*1*" S econ d N a t i o n a l .......... 180 2 00 In d ep en d en ce.........100 130 H ib e r n ia .......................... 90*9 T h ird N a tio n a l............. 1 50 155 G ira rd N a t io n a l___ 4 0 103 H o m e ................................ U nion N a t...................... 147*3 1 50 54 K e n sin g to n N a t....... 50 H o p e ................................. 102*9 W estern G erm an B an k 197*3 116 M a n u f a c t ’r’rs ’ N at. 100 L a fa y e t t e ...................... . x 6 5 19*3 H a rtfo r d . 138 M e ch a n ics’ N a t—..1 0 0 M e rch a n ts’ M u t u a l . . . 57*3 59*9 135 ¿Etna N a t. —. ........1 0 0 1 10 118 140 M e rch a n ts’ N a t............. M eoh an ios’ & T ra d e rs 104*3 *3*2** A m erica n N a t ..... 50 67 70 55% 5 6 N at. B ’ k C o m m e rce . 50 N ew O rleans In s. A s s ’n 18*3 20*9 60 C harter O a k N a t —1 00 125 140 N a t.B ’k G e rm a n t’n .5 0 136*3 137 N ew O rlea n s In s . Oo . 29*3 3 0 46 C ity ............................ 1 0 0 85 95 180 Nat. B ’k N . L ib e rtie s 50 P e o p le ’ s ...................... . . 135 42 C on n ecticu t R iv e r 50 50 N at. B ’ k R e p u b lio . .100 Í46** Sun M u tu a l................... 105 100 Far. & M eoh . N a t. 100 107 112 N a tion a l S e c u r ity . 1 00 122 125 T e u to n ia ........................ x21*3 1 2 5 F irst N a t..................1 0 0 100 103 N inth N at. B a n k ......... 112 % 113 N ew Ifo rk . 12*3 H a rtford N a t..........1 00 158 12 165 P en n N a tio n a l......... 5 0 82*a A m e r ic a n ................... 50 165 1 80 36 M erca n tile N a t ___ 100 95 100 P e o p le ’s ................... 1 00 1 00 A m e r ic a n E x c h —.1 0 0 97 102 12% 13*3 N a tion a l E x c h a n g e . 50 63 68 248 P h ila d e lp h ia N a t .. 1 00 B o w e r y .............. . . —25 160 1 6 5 134 Phoenix N a t ........... 100 1 27 130 S eoon d N a t............. 1 00 140 B r o a d w a y ..................2 5 1 9 0 200 S ta te .................... —.1 0 0 95 100 S even th N a t........... 1 00 108 B r o o k ly n .....................17 1 8 0 190 20 20*3 U n ited S t a t e s ........100 2 25 S ix th N a t................. 100 1 24 125 C itizen s’ ...................... 2 0 125 1 3 0 150 L o u is v ille . 125 S ou th w a rk N a t .. . ..5 0 C it y ...............................7 0 1 30 1 35 108 B ’n k o f C o m m e rc e .. 118 120 108 S prin g G a rd e n . . . . 1 0 0 C lin to n .......................100 117 25 84 B ank o f K en tu ck ylO O 154 156 1 05 T enth N at. B a n k . 106 C o m m e rc ia l............... 50 30 13 5 30 B ank o f L ouisvillelO O 81 83 T h ird N a t................. 1 00 105 106 C o n t in e n t a l............ 1 0 0 230 2 3 5 Jitizens’ N a tion a l. 100 123 125 U nion N a t .................. 5 0 80*9 81 E a g le ............................ 4 0 260 2 6 5 137 1 34 !)ity N a t ................... 1 00 120 121 W estern N a t............. 50 109 E m p ire C it y ............ 1 00 1 0 0 111 117% 118 Falls C ity T ob a ccolO O 100 101 W est P h ila d e lp h ia .1 0 0 120 E x o h a n g e ................... 3 0 105 115 114 114*4 Farm ers’ o f K y .. .1 0 0 109 114 P o r tla n d , M e. F a rra g u t..................... 5 0 1 3 0 135 119*s 120 F a n n e r s ’ & D r o v .. 100 101 103 51 C u m berla n d N a t — .4 0 53 F ire m e n ’s ................... 17 1 0 0 1 35 135*3 F irst N a t...................100 158 110 1 59 C an al N a t................. 1 00 163 165 G e rm a n -A m e rica n 1 00 300 3 2 5 105 G erm a n In s . C o.’s . 100 125 C a sco N a t.................1 00 1 51 152 G e rm a n ia ................... 5 0 1 55 182 *185 160 G e r m a n ....................100 1 35 F irst N a t...................1 0 0 1 1 4 1 16 G lo b e ............................5 0 120 1 25 108*3 110 G erm a n N a tio n a l. 100 141 145 M erch a n ts’ N a t ........7 5 1 23 125 G r e e n w ich ..................25 225 2 4 0 108 107 K e n tu ck y N a t........100 138 139 N a tion a l T ra d e rs ’ . 1 0 0 1 42 1 44 G u a rd ia n .................. 1 00 80 125*9 Ixm isv. B a n k in g C o.40 2 5 0 125 85 R ic h m o n d , V a . H a m ilto n .................... 15 130 1 23 123*3 M a s o n ic.....................100 138 140 Í4Ó C ity B a n k ................ 25 28 H a n o v e r .................. . . 5 0 1 4 7 1 30 1 erch a n ts’ N a t. —100 1 25 155 1 40 M 142 F irs t N a t..................1 0 0 143 1 44 H o m e ......................... 100 147 120 151 120*3 N orth ern o f K y .. .1 0 0 124 I 126 M erch a n ts’ N a t —.1 0 0 1 23 H o w a r d ....................... 4 0 77 109 85 109*3 1 117 95 N at. B k o f V irginialO O J e ffe rso n ..................... 3 0 125 1 30 I30 130*3 g econ d N a t.............1 00 114 S 115 P la n te rs ’ N a t___ _ 1 00 145 K in g s C o. (B ’k ly n ) .2 0 220 2.30 g 100*3 101 S e cu rity ....................1 00 169 170 S ta te B a n k o f V a .1 0 0 1 1 3 1 16 K n ic k e r b o c k e r ......... 3 0 1 0 0 121 106 121*3 1 h ir d N a t io n a l. . . . 1 00 135 T S t. L o u i s . L a fa y e tte fB ’k lv n ) .5 0 102 1 07 136 136*3 \ e ste rn ................... 100 1 1 4 W 115 B ’k o f C o m m e r c e .. 1 00 4 5 0 4 55 L o n g I s l’d (B ’k l y n ) .50 1 05 2 15 220 HO N e w O r le a n s . C o m m e r c ia l............1 0 0 3 15 3 25 M anu f. & B u ild e rs’ 100 1 2 5 130 1 29 130 C C anal & B a n k in g .. 100 129 C o n tin e n ta l............. 1 00 1 50 90 M ech a n ics’ (B ’k ly n ) 5 0 97 C 109*3 110 C itizens’ ....................1 0 0 29 33 F ra n k lin ................... 100 1 60 M e r ca n tile ..................50 68 73 104 104*3 G erm a n ia N a t........1 00 139*3 145 C F o u r th N a t i o n a l .. 1 0 0 2 4 0 M erch a n ts’ ................. 50 1 0 5 ll2 97 97*3 H ib ern ia N a t..........TOO 145 I 1.50*3 In te rn a tio n a l.........1 00 90 1 00 M on ta u k (B ’k ly n ) „ 50 101 1 08 125 128 I ou isian a N a t - . . 1 00 115*3 L17 L M e ch a n ics’ .............. 1 00 120 N assau (B ’ k ly n )___ 50 1 1 5 I5O 1 14 115 B M etrop olita n 116*3 L19 M e rch a n ts’ N a t ., .1 0 0 110*3 111*2 N a tio n a l.................. 37*s 1 0 0 112 113 114 » M utual N a t .............. 1 0 0 L25 St. L o u is N a tio n a l.1 0 0 1 30 N. Y . E q u ita b le ........35 163 1 75 1 10 L10*s b ew O rleans N a t .. 1 00 3 65 N T h ird N a tio n a l___ 1 00 1 09 112 95 N ew Y o r k F ir e ——1 00 100 93 94 £ P eop le’ s ....................... 50 53 55 S an F r a n c is c o . N ia g a ra ....................... 50 1 6 5 I7 5 92 92*3 S tate N a t........... —.1 0 0 91 96 B an k o f C a lif o r n ia .... N o rth R iv e r ............... 25 110. U S 1 37 L40 r U nion N a t ................1 0 0 103*3 L04*s F irs t N at. G o ld ___ 100 P a c ific .......................... 25 1 7 0 180 94*3 96 N ew Y ork , G ran gers’ B a n k ........... P a r k ........................... 100 1 0 0 105 2 25 230 A m e r ic a ....................1 00 175 A 178 P a o iflo ............................ P e te r C o o p e r............20 165 172 1 36 L36*3 A m erica n E x c h ’gelO O 138 F IR E IN S U R ’ CK P e o p le ’s ....................... 50 1 0 5 1 15 103 L03** B r o a d w a y .................. 25 B 275 STOCKS. P h e n ix (B ’k l y n ) ___ 50 1 4 0 150 137 L37i« B u tch ers’ & D ro v e rs 2 5 1Ï6Ô* ' B B a ltim o r e . R u tg e rs ’ ...................... 25 1 4 0 150 1 13 H3*3 C en tra l N a tio n a l—1 00 1 25 i ‘2’ 7 ' A sso cia te F ire m e n ’ s . 5 25 30 S ta n d a rd ..................... 50 110 1 15 2 15 220 C hase N a tio n a l___ 100 1 65 C B a ltim o re F ir e I n s . 10 19*9 65 S ta r.............................1 00 90 133 35 C h a th am ..................... 25 210 F ire m e n ’ s In s u r’ c e .1 8 68 S te r lin g ..................... 100 73 147 147*3 C h em ica l.................. 100 2200 H o w a rd F ir e ................5 7*9 S tu y v e s a n t.................25 120 1 2 5 136 i36*si C _________ 1 00 292 M a ry la n d F i r e ..........10 U n ite d S t a t e s .......... 25 1 45 50 106 .06*3 C it i z e n s ..................... 25 128 M e rch a n ts’ M u tu a l.50 70 150 W e stch e ste r .............. 10 1 35 54 5 5 |C o m m e rc e ................1 0 0 C 1 75 ..... — ...... i*rioe nominal; no l»Blï«agaettons, î Last price this week. Quotation per share. I Assessment paid I f 18± THE CHRONICLE. Sttxrjestwjetit N e t ..................................................................... T a x e s, in terest and r e n t a ls ...................... % n t jell t fljetxjcje. contains a complete exhibit of the Funded Debt of States and Cities and o f the Siocks and Bonds of Railroads and other Companies. It is published on the last Saturday o f every other month—viz., February, April, June, August, October and December, and is fu r nished without extra charge to all regular subscribers of the Ohronicle. Extra copies are sold to subscribers o f the C hronicle at 50 cents each, and to others at $ 1 per copy. T he In v esto r s’ S u pplem en t GENERAL INVESTMENT NEWS. B o s t o n & M a i n e — E a s t e r n (M a ss .)— B i l l s h a v e b e e n in t r o d u c e d in t h e le g is la t u r e s o f M a in e a n d M a s s a c h u s e tts p r o v id i n g f o r a c o n s o lid a tio n o f th e s e r a ilr o a d s . B y t h e t e r m s o f th e b i l l t h e B o - t o n & M a in e R a ilr o a d C o m p a n y c a n b e c o m e p o s se s se d o f t h e v a r io u s p r o p e r tie s le a s e d o r c o n t r o lle d b y it , i n c lu d in g t h e E a s t e r n a n d a l l it s c o n t r o lle d o r le a s e d c o n n e c t io n s , e it h e r t h r o u g h t h e is s u e s o f it s o w n s t o c k in p a y m e n t o r b y t h e is s u e o f b o n d s , o r b y a d d in g it s g u a r a n t e e t o t h e p r e s e n t o u t s t a n d in g b o n d s. B u f f a l o N e w Y o r k & P h i l a d e l p h i a . — F o llo w in g is a s t a t e m e n t o f t h e g r o s s a n d n e t e a r n in g s o f t h is r o a d a s s p e c ia lly o b ta in e d b y t h e C h r o n i c l e : ,---------Decem ber— — , 188 0 . 1885. G ross e a rn in g s...................$ 1 9 4 ,7 0 2 $ 2 0 4 ,5 1 7 O p eratin g e x p e n se s .......... 1 9 1 ,8 4 2 1 4 6 ,2 0 0 N et e a rn in g s................ $ 2 ,9 6 0 1886. $ 1 1 ,4 2 2 ,8 5 4 E x p e n s e s o f a ll k i n d s ...................... AND f& atltfuad [ V ol. $ 5 8 ,3 1 7 ,— Oct. 1 to Dec. 3 1 .— . 1886. 1885. $ 6 2 6 ,4 2 2 $ 6 5 8 ,2 5 1 *5 8 7 ,17 7 4 9 4 ,5 0 7 $ 3 9 ,2 4 5 $ 1 7 3 ,7 4 4 * L a rg e am ou nts spa n t fo r steel rails. B u r l i n g t o n C e d a r R a p i d s & N o r t h e r n . — F o l l o w i n g is a s t a t e m e n t o f t h e g r o s s a n d n e t e a r n in g s o f t h is r o a d a s s p e c ia lly o b t a in e d b y t h e C h r o n i c l e : Surplus $ 4 ,5 9 1 ,0 1 3 3 ,4 1 5 ,5 2 6 $ 1 ,1 7 5 ,4 8 7 XL1V „ , „ 1885. $10,724,906 $4,535,960 3,349,564 $1,186,396 Denver Circle.—The Denver Circle Railroad, with its lines rolling stock, depots and engine house, has been sold to M r’ F. T. Condit, of New York City, representing a syndicate of New York capitalists. The consideration was $750,000. It ig reported that the new organization will pay all the debts of the old company, including the bonded indebtedness, which is to be retired. The corporation will be stocked for $2,000 000 and $1,000,000 of bonds will be issued for the purpose of fund ing the debt and carrying out the plans of the new owners. East Tennessee Virginia & Georgia.—The changes in the board of directors of the East Tennessee Virginia & Georgia Railroad Company in consequence of the recent acquisition of the control by the Richmond & West Point Terminal Company were made Thursday. Alfred Sully, Thomas M. Logan, John H. Inman, George F. Stone, Emanuel Lehman, Isaac L. Rice J. A. Rutherford and James B. Pace, of the Terminal board* were elected directors, and George S. Scott, formerly President of the Richmond & Danville system, was also chosen a director. Fort Worth & Denver City.—The gross and net earnings for December and two months were as follows : D ecem ber. N ov. 1. to Dee. 31 1886. 1885. 188 6 . 1885.' G ross e a rn in g s ........... .......................$ 4 6 ,2 5 1 $ 33 ,36 1 $ 98 ,72 7 $76,875 O p eratin g e x p e n s e s .......................... 2 2 ,4 0 3 2 7 ,1 5 9 4 4,6 10 52,063 N et e a rn in g s ................................$ 2 3 ,8 4 8 $ 6 ,2 0 2 $ 5 4 ,1 1 7 $24,812 Grand Rapids & Indiana.—Following is an approximate statement of the operations of this road during the year 1886, compared with 1885, as specially obtained by the C hronicle : 1886. G ross e a rn in g s .............................................................. $ 2 ,0 7 8 ,5 0 9 O p e ra tin g e x p e n s e s ................................................... 1 ,3 3 1 ,6 8 7 1885. $1,946,143 1,342,428 N et e a r n in g s ........................ $ 7 4 6 ,8 2 2 $003,715 7 1 5 ,6 0 0 714,100 ,------ Decem ber.— — > ,--------------- Y ea r.--------------- > In te re s t o n b o n d s ................................................. 1 88 0 . 1 88 5 188 6 . 1885. B a la n c e ......................................................S urplus. $ 3 1 ,2 2 2 D ef. $110,334 G ross ea rn in g s .................. $ 3 0 6 ,7 7 9 $ 2 6 6 ,9 0 9 $ 2 ,9 3 3 ,3 0 9 $ 3 ,0 9 3 ,5 1 4 O p eratin g e x p e n s e s ... ... . 2 1 0 ,0 9 8 2 1 8 ,5 6 2 2 ,1 3 2 ,4 0 3 2 ,1 8 9 ,5 4 2 N et ea rn in g s ................. $ 9 6 ,6 8 1 $ 4 8 ,3 4 7 $ 8 0 0 ,9 0 6 $ 9 0 3 ,9 7 2 C a m e r o n I r o n & C o a l C o .— I n t h e a p p lic a t io n o f t h is c o m p a n y t o t h e N . Y . S t o c k E x c h a n g e i t is s t a t e d t h a t t h e c a p it a l s t o c k is $3,000,000 a n d p a r o f s h a r e s $100. T h e c o m a n y w a s in c o r p o r a t e d u n d e r t h e l a w s o f P e n n s y lv a n ia , D e c . , 1886, a n d a d e p o s it h a s b e e n m a d e w i t h t h e F a r m e r s ’ L o a n & T r u s t C o m p a n y o f a c e r t if ic a t e f o r a s u f fic ie n t n u m b e r o f s h a r e s t o r e d e e m t h e o u t s t a n d in g s h a r e s o f t h e C a m e r o n C o a l Co. C a n a d i a n P a c i f i c . — T h e g r o s s a n d n e t e a r n in g s f o r D e ce rn b e r a n d t h e y e a r w e r e a s f o llo w s : ? ,----------D ecem ber. — \ 188 6 . 188 5 . $ 7 2 9 ,9 3 5 G ross ea rn in g s............. $ 8 9 4 ,1 0 0 O p eratin g e x p e n s e s .. 6 1 3 ,8 5 5 4 8 8 ,9 0 2 N et ea rn in g s...........$ 2 8 0 ,2 4 5 ,---------------- Y ea r.-----------------. 188 6 . 1 83 5 . $ 1 0 ,0 8 1 ,8 0 2 $ 8 ,3 6 7 ,2 1 8 6 ,3 7 8 ,3 1 7 5 ,1 4 2 ,0 0 1 $ 2 4 1 ,0 3 3 $ 3 ,7 0 3 ,4 8 5 $ 3 ,2 2 5 ,2 1 7 C e n t r a l o f G e o r g i a . — H , B . H o llin s , o f N e w Y o r k , w a s e le c t e d F ir s t V ic e - P r e s id e n t o f t h is r o a d a t t h e d ir e c t o r s ’ m e e t i n g in S a v a n n a h , F e b , 2. T h e g r o s s e a r n in g s o f t h e C e n t r a l a n d it s b r a n c h e s , i n c lu d in g t h e C o lu m b u s & W e s t e r n , M o n t g o m e r y & E u f a u la a n d E u f a u l a & C l a y t o n r a ilw a y s , f o r D e c e m b e r w e r e $480,982; e x p e n d it u r e s w e r e $217,0 66, m a k i n g t h e n e t e a r n in g s $ 2 13 ,9 16 , a n in c r e a s e o f $39,644 o v e r t h e c o r r e s p o n d in g m o n t h o f 1885. C h i c a g o S t . P a u l B l i n n e a p o l i s & O m a h a .— A C h ic a g o d e s p a t c h s a y s t h a t j u d g m e n t f o r $3 51,9 65 h a s b e e n f o u n d b y t h e U n it e d S t a t e s D is t r ic t C o u r t a g a in s t t h e C h ic a g o P o r t a g e & S u p e r io r R a ilw a y , n o w o w n e d b y t h e O m a h a C o m p a n y . T h e O m a h a la n d g r a n t w i l l b e h e ld lia b le f o r t h e j u d g m e n t , a s in F e b r u a r y o f, 1882, t h e L e g is la t u r e o f t h e S t a t e o f W is c o n s in t r a n s f e r r e d t o t h e O m a h a C o m p a n y t h e la n d g r a n t o f t h e C h ic a g o P o r t a g e & S u p e r io r C o m p a n y , c o n d it io n a l u p o n t h e e x t e n s io n o f t h e r o a d t o S u p e r io r b y D e c e m b e r 1 , 1882, w h i c h p r o v is io n w a s c a r r ie d o u t. T h e a m o u n t o f t h e g r a n t w a s 458,000 a c r e s . C le v e la n d C o lu m b u s C in c in n a t i & I n d ia n a p o lis .— T h e s t a t e m e n t o f e a r n in g s a n d e x p e n s e s f o r N o v e m b e r a n d f o r e le v e n m o n th s t o D e c e m b e r 1 , o b ta in e d f o r t h e C h r o n i c l e , is a s b e lo w : ,-------- N ovem ber.-------, ,----------- 11 m onth s.----------- > 1886. 188 5 . 1886. 188 5 . G ross ea rn in g s.................... $ 3 7 4 ,1 2 3 $ 3 2 9 ,3 9 5 $ 3 ,8 0 1 ,6 5 9 $ 3 ,3 2 3 ,7 5 1 O p era tin g e x p e n s e s ... ... 2 0 3 ,3 3 9 2 1 5 ,7 4 3 2 ,3 6 4 ,1 7 6 2 ,4 6 3 ,8 8 3 N et ea rn in g s.....................$ 1 7 0 ,7 8 4 In teres t, ta x e s, e t c ............ 6 5 ,9 5 8 $ 1 1 3 ,6 5 1 $ 1 ,4 3 7 ,4 8 2 8 J,427 7 56 ,62 1 $ 8 5 9 ,8 6 7 7 8 1 ,0 0 0 B a la n c e ................................. .$ 1 0 4 ,8 2 6 A d d itic ns to p r o p e r t y .... 1 0,8 99 $ 3 3 ,2 2 4 1 4 ,9 9 5 $ 6 8 0 ,8 6 1 1 7 3 ,8 7 2 | B a la n c e ............................... $ 9 3 ,9 2 7 $ 1 8 ,2 2 9 $ 5 0 6 ,9 8 8 d e f.$ 7 6 ,1 5 S D e la w a r e & H u d so n C a n a l.— A n f ig u r e s is g iv e n a s f o llo w s : R e ce ip ts fro m c o a l........................................... R e ce ip ts fro m ra ilroa d s.................................. - R e ce ip ts from m iscella n eou s............. ......... a b stra ct o f th e a n n u a l 1886. $ 7 ,0 8 1 ,8 4 2 8 ,2 3 9 ,7 4 7 6 9 2 ,2 7 8 fit, T o ta l re c e ip ts ............, ..................................$ 1 6 ,0 1 3 ,8 6 7 $ 7 8 ,8 6 7 1 55 ,02 6 188 5 . $ 6 ,9 5 8 ,i l 9 7 ,4 5 5 ,4 5 0 8 ± 7 ,267 $ 1 5 ,2 6 0 ,8 6 6 Houston & Texas Central.—Following is a statement of the earnings of this road, as specially obtained by the C hron ic l e : ,--------- D ecem ber-------- , ,-------------- Year.------------ , 188 6 . 188 5 . 188 6 . 1885. $ 3 ,0 3 0 ,7 9 6 $2,681,520 G ross e a r n in g s ............... $ 3 7 2 ,1 5 3 $ 3 5 6 ,0 5 1 O p eratin g e x p e n s e s .... 2 2 5 ,1 6 1 2 5 9 ,9 5 4 2 ,3 1 1 ,2 1 7 2,052,377 N et e a rn in g s............. $ 1 4 6 ,9 9 2 $ 9 6 ,0 9 7 $ 7 6 9 ,5 7 9 $629,143 Huntingdon & Broad Top.—The report of last year’s busi ness showed receipts from the following sources : General freights, $329,094 ; passengers, $42,273 ; United States m ails, $3,468 ; Adams Express, $3,271 ; miscellaneous, $1,766 ; total, $¿79,874. The expenses were $157,139, and the net earnings $222,735, being an increase as compared with the previous year of $31,026. Illinois Midland.—The reorganization of the old Illinois Midland Railway under the new name of the Terre Haute and Peoria Railroad has been effected, and the following are directors: C. W. Fairbanks and Otto Gresham, of Indianapo lis; D. H. Conklin, Andrew Stevens and E. A. West, of Decatur, and W. G. Beale, of Chicago. The new owners w ill take possession in March next, when the second payment of $300,000 is made. The road was purchased by the Borg syn dicate. The capital stock of the new company is $5,400,000, in shares of $100 each, and the lifetime of the company is thirty years. The line extends from Peoria to Terre Haute, through Decatur, a distance of 175 miles, the company using the track of the Illinois Central R. R. Company to get through Decatur. The company will issue bonds and expend the money realized in rebuilding the road. Indiana Bloomington & Western.—Application was m ade to Judge Gresham this week to take preliminary steps toward entering a decree of foreclosure and sale of the Indiana Bloom ington & Western Railroad. In July, 1836, Mr. C. E. Henderson was appointed receiver and foreclosure proceedings taken by the Central Trust Company of New York, the trustee o f the first and second mortgages, which aggregate $9 ,000,000. Nearly all the bondholders have agreed on a reorganization, and the outline of a decree was presented. Mr. Crawford asked leave to intervene on behalf of some bondholders. The question ©f intervening will be heard at Indianapolis on Friday next. Indianapolis Decatur & Spingfleld.—The decree for the sale of the Indianapolis Decatur & Springfield Railroad unae foreclosure proceedings was entered in the U. S. Circuit Cour* at Indianapolis Feb. 2. The sale will take place immediately after .the publication of the three months’ notice required D y the terms of the mortgage. Kansas City Fort Scott & Gulf.—The following shows the results of operating the road for the years 1886 and id® 1886. G ross ea rn in g s................... ; .............. „ ................$ 2 ,5 3 9 ,* 3 8 O p e ra tin g e x p e n se s ............................................. 1 ,4 7 5 ,5 2 7 ........$ 1 ,0 6 3 ,8 1 1 N e t e a rn in g s............................... 5811 O p eratin g p e rce n ta g e ...................... T o ta l in terest ch a r g e ........................ .......... $ 4 2 2 ,1 6 3 T o ta l s in k in g fu n d s ............................. . $ 9 2 ,3 0 0 188- 1 »Ì8SBS iM JSl $ 417, 30» $101,375 185 THE CHRONICLE F e b r u a r y 5 , 1887. J Traffic gu aran tee K . C. S. & M ........................ Interest as a b o v e .................................................. 1336. $ 1 1 1 ,4 7 7 4 2 2 ,1 8 4 188 5 . $ 1 0 9 ,6 2 5 4 17 ,30 5 T otal ch a r g e s .................................................. ................. ........... $ 6 2 5 ,9 4 1 1 ,0 6 3 ,8 1 1 $ 6 2 8 ,3 0 5 9 8 8 ,2 1 9 $ 3 5 9 ,9 1 5 Net e a r n in g s ................ 8 S u r p lu s .............. per cen t on p referred $ 4 3 7 ,8 7 0 2 1 9 ,9 6 0 4 B ala n ce............................................................... per cen t on co m m o n ............................ ............. $ 1 1 7 ,9 1 0 1 8 5 ,9 2 0 in g s o f th e O regon S h ort L in e R lilw a y C om p an y, t o p r o v id e fo r th e p a y m e n t o f th e in te re st as it b e co m e s d u e o n th is series o f b o n d s, n o w in con sid era tion th e re o f o f $ 1 to it In hand , p a id b y said o b lig o r (O rego S hort Line R tilw a y C om p a n y), th e U nion P a cific R a ilw a y C o m p a n y h e re b y gu aran ties t o th e h o ld e r h e re o f fo r th e tim e b ein g, that theo b lig o r h erein w ill p a y e a ch o f th e co u p o n s a tta ch e d to this b on d w h e n it fall-» due. s' In w itn ess w h e re o f, th e U nion P a oiflo R a ilw a y C o m p a n y h a th ca u se d this u n d erta k in g to b e e x e c u te d u n d er its co r p o r a te se a l this 1 0 th d a y o f M a rch , A . D . 1882. The U n ion P a oifio R a ilw a y C om p a n y , b y Si d n e y D il l o n , P re sid e n t. A tt e s t: H e n r y M c F a r l a n d . S e cre ta ry . $ 3 1 ,9 9 0 Surplus fo r yea r. P h i l a d e l p h i a & R e a d i n g . — T h e t im e o f d e p o s it in g s e c u r i t ie s o f th e R e a d in g R a ilr o a d C o m p a n y u n d e r t h e D r e x e lM o r g a n s y n d ic a t e f o r r e o r g a n iz a t io n e x p i r i n g o n M a r c h 1, t h e c o u n s e l f o r t h e t r u s t e e s a n d th o s e u p o n w h o s e s u it fo r e c lo s u r e h a s b e e n a s k e d , w ill p re s s t h e U n it e d S t a t e s C o u r t t o n a m e t h e d a y f o r t h e s a le o f th e p r o p e r t y . T h e d is s e n t in g g e n e r a l m o r t g a g e b o n d h o ld e r s s t a t e t h a t t h e y w i l l o n F e b . 8 t a k e a n a p p e a l f r o m t h e m a s t e r ’s d e c is io n o n t h e r ig h t s o f t h e g e n e r a l m o r t g a g e s c r ip u n d e r t h e f o r e c lo s u r e s a le . T h e c is e is t o b e t a k e n , t h e y s a y , u p o n t h is a p p e a l t o t h e U n it e d S t a t e s S u p r e m e C o u r t , b y w h ic h t h e y h o p e t o g a in a d e la y o f s o m e t w o y e a r s . 1886. 1885. 1 88 6 . 188 5 . $ 5 4 6 ,4 5 3 $ 3 6 1 ,6 0 5 Tt s e e m s h i g h l y im p r o b a b le , h o w e v e r , t h a t th e C o u r t w i l l g r a n t July............................ $ 1 ,2 5 9 ,7 7 4 $ 1 ,0 5 7 ,9 9 1 5 0 5 ,3 4 0 4 0 0 ,6 1 2 1 ,2 0 0 ,5 6 7 1 ,0 7 8 ,1 4 6 A u g u st....................... 5 2 6 ,5 7 4 4 6 4 ,6 5 3 a n y s u c h d e la y w it h o u t r e q u ir in g s u c h h e a v y s e c u r it y t h a t t h e Septem ber.............. 1 ,2 3 8 ,1 9 1 1 ,1 4 8 ,2 1 4 5 8 1 ,4 0 4 5 4 4 .1 9 0 a p p e lla n t s c a n n o t f u r n is h it . O ctober...................... 1 ,3 8 3 ,7 5 3 1 ,2 6 3 ,4 6 9 5 3 0 ,8 5 8 4 4 5 ,6 6 8 N ovem ber................. 1 ,2 8 1 ,9 9 7 1 ,1 2 9 ,8 9 4 — T h e p la n o f t h e C o m m it t e e o f I n c o m e B o n d h o ld e r s f o r t h e 5 3 8 ,8 7 3 4 7 3 ,5 1 5 D ecem ber.................. 1 ,2 7 8 ,9 0 5 1 ,1 6 4 ,2 1 2 r e o r g a n iz a t io n o f t h is c o m p a n y h a s b e e n p u b lis h e d . I t is im $ 6 ,8 4 1 ,9 2 6 $ 3 ,2 2 9 ,5 0 2 $ 2,6 9 0 ,2 4 3 p o s sib le t o g i v e t h e p la n in d e t a il in t h e C h ronicle , in t h e T otal 6 m on th s. $ 7 ,6 6 3 ,1 4 7 L o u i s v i l l e N e w O r l e a n s & T e x a s . — T h e g r o s s a n d n e t e a r n lim it e d s p a c e a llo w e d f o r r a ilr o a d n e w s , b u t a l l p a r t ie s in t e r e s t e d c a n o b ta in c o p ie s b y a d d r e s s in g M r. C h a s . S . W h e le n , in gs f o r D e c e m b e r a n d t h e y e a r h a v e b e e n a s f o llo w s : ,----- Decern ber.------ , » --------- Year.----------> t h e C h a ir m a n , in P h ila d e lp h ia . 1885. 1 83 6 . 1885. 188 6 . — T h e r e s u lt o f t h e j o i n t o p e r a tio n s o f t h e P h ila d e lp h ia & $ 2 4 0 ,6 4 6 $ 1 ,8 0 3 ,7 8 5 $ 1 ,3 3 7 ,2 3 7 G rossearnings...................$ 2 7 2 ,3 7 6 R e a d in g R a ilr o a d a n d C o a l & I r o n C o m p a n y in t h e m o n t h o f 1 31 ,00 3 1 ,2 5 2 ,5 6 3 1 ,0 3 3 ,2 2 7 Operating e x p e n s e s ........ 1 37 ,61 6 D e c e m b e r , t h e fir s t m o n t h o f t h e f is c a l y e a r , w a s a d e c r e a s e $ 1 0 9 ,6 4 3 $ 5 5 1 ,2 2 2 $ 3 5 4 ,0 1 0 o f $74,796 in g r o s s e a r n in g s a n d a d e c r e a s e o f $8,565 in n e t , N et ea rn in g s............... $ 1 3 4 ,7 6 0 M e m p h is & L i t t l e R o c k . — I n t h e it e m p u b lis h e d in la s t w e e k ’s c o m p a r e d w i t h D e c e m b e r , 1885. T h e e a r n in g s o f t h e C e n t r a l Chronicle i t a p p e a r s t h a t th e s t a t e m e n t w a s n o t s u f fic ie n t ly N e w J e r s e y in 1885 a r e n o t in c lu d e d , in o r d e r t o m a k e a p la in t h a t t h e r e c e n t d e c is io n b y t h e U . S . S u p r e m e C o u r t w a s p r o p e r c o m p a r is o n . ,----- Net Receipts.----- , / — Gross Receipts.------ > — e n t ir e ly in f a v o r o f t h e t r u s t e e s a n d a g a in s t th e c la im s o f t h e 1 88 6 . 1 88 5 . 1886. 1885. c o m p a n y a s r e p r e s e n t in g th e G o u ld in t e r e s t . T h e lit i g a t i o n h a s D e c e m b e r ...............$ 2 ,9 1 9 ,2 3 8 $ 2 ,9 9 4 ,0 3 4 $ 6 4 6 ,6 4 3 $ 6 3 5 ,2 0 8 a ttr a c te d m u c h a t t e n t io n , a n d t h e t r u s t e e s s t a t e t h a t t h e ir P h ila d e lp h ia W ilm in g to n & B a lt im o r e .— T h e T reasu rer v ic t o r y is c o m p le te , e x c e p t o n t h e c o m p a r a t iv e ly in s ig n if ic a n t p o in t a s t o w h e t h e r t h e y s h o u ld b e a llo w e d 8 p e r c e n t o r 6 g iv e s n o t ic e t o h o ld e r s o f b o n d s d u e A p r i l 1 , 18 87, t h a t t h e y a r e o ffe r e d t h e p r iv ile g e t i l l M a r c h 1 , 1887, o f d e p o s it in g per c e n t in te r e s t . t h e m t o b e e x c h a n g e d a t m a t u r i t y f o r t h e r e g is t e r e d b o n d s M ilw a u k e e L a k e S h o r e & W e s t e r n — I n a d v a n c e o f th e o f t h is c o m p a n y , d a t e I A p r i l 1 , 18 37, a n d b e a r in g 4 p e r c e n t a n n u a l r e p o r t , t h e c o m p a n y f u r n is h e s t h e f o l l o w i n g f o r th e in t e r e s t . y e a r 1836 : R i c h m o n d & D a n v i l l e . — S t o c k h o ld e r s o f t h e R ic h m o n d & Gross ea rn in g s....................................................................................... $ 2 ,3 1 7 ,9 0 5 M iscellaneous r e c e ip ts .......................................................................... 3 6 ,1 8 2 D i n v i l l e R .R . C o m p a n y a r e n o t ifie d t h a t in a c c o r d a n c e w i t h th e c ir2 ,3 la r o f * J a n u a r y 3 1, 1887, h o ld e r s u p o n d e liv e r y o f t h e i r T o ta l......................................................................... $ c u 5 4 ,0 8 8 ] Operating e x p e n s e s ..................... ......................................................... 1 ,3 3 s ,8 6 0 c e r t t ic a t e s e n d o r s e d in b la n k t o C e n t r a l T r u s t C o m p a n y o n o r b e fo r e M a r c h 1, 1887, w i l l r e c e iv e t h e r e f o r t e m p o r a r y c e r t i f i Net ea rn in g s............. ................................................................................$ 1 ,0 1 5 ,2 2 8 c a te s , e x c h a n g e a b le a t U n io n T r u s t C o m p a n y f o r c o m m o n N e w Y o r k & N e w E n g l a n d — H o u s a t o n i c V a l l e y . — T h e s t o c k o f R . & W . P . T e r m in a l R a i l w a y & W a r e h o u s e C o m H o u s a to n ic V a l l e y R a ilr o a d C o m p a n y , a c o r p o r a tio n r e c e n t ly p a n y , 4 s h a r e s f o r 1 , a s s o o n a s t h e s a m e is r e a d y f o r d e liv e r y . o r g a n iz e d t o b u ild a r a ilr o a d f r o m B ir m in g h a m t o a p o in t o n S t . J o s e p h & G r a n d I s l a n d . — F o llo w i n g is a s t a t e m e n t o f th e N e w E n g l a n d r o a d n e a r S a n d y H o o k , h a s o ffe r e d t o b u y t h e e a r n in g s o f t h is r o a d a s s p e c ia lly o b t a in e d b y t h e th e in te r e s t o f t h e c i t y o f N e w H a v e n in t h e N e w H a v e n & Chronicle : D e rb y r o a d f o r $175,000. I t a ls o g u a r a n t e e s t o p a y t h e $300,000 .----- December.----- , ------------Year.--------- 1 88 6 . 1385. 1886. 1885. o f fir s t m o r t g a g e b o n d s m a t u r i n g in 1888. G ross ea rn in g s...............$ 1 0 8 ,9 7 6 $ 1 0 2 ,3 2 0 $ 1 ,1 6 9 ,4 2 5 $ 1 ,0 9 7 ,0 2 8 N . Y . S t o c k E x c h a n g e . — A p p lic a t io n h a s b e e n m a d e b y t h e O p eratin g e x p e n se s ...... 7 0 ,5 3 5 5 2 ,3 6 8 6 8 2 ,4 6 3 - 7 3 0 ,3 3 3 V ir g in ia M id lan d ^ R a i l w a y C o . t o lis t $1,297,000 g e n e r a l N e t ea rn in g s............. $ 38 ,39 1 $ 4 9 ,9 5 2 $ 5 0 6 ,9 6 2 $ 3 6 6 ,6 9 5 m o r tg a g e b o n d s. T h e O r e g o n R a i l w a y & N a v ig a t io n C o . a s k s S t . L o u i s & C h i c a g o . — A t S p r in g fie ld , 111., J a n . 25, a r a i l to lis t $5,000,000 c o n s o lid a te d m o r t g a g e b o n d s. T h e M in n e a polis & P a c if ic R a i l w a y C o . a s k s to l is t $3,035,000 1 s t m o r t g a g e w a y s u it w a s b e g u n b y o r ig in a l b o n d h o ld e r s o f t h e C h ic a g o 5 p e r c e n t b o n d s. T e n n . C o a l & I r o n C o . a p p ly t o S t o c k E x S p r in g fie ld & S t . L o u is R a i lw a y , w h o file d a b i l l in t h e U n it e d c h a n g e t o lis t $4,000,000 o f it s 6 p e r c e n t b o n d s o f t h e $5,000,- S t a t e s C i r c u i t C o u r t f o r f o r e c lo s u r e o f m o r t g a g e s h e ld b y t h e 000 a u th o r iz e d la s t N o v e m b e r . G u l f C o lo r a d o & S a n t a F e a p C e n t r a l T r u s t C o m p a n y o f N e w Y o r k , a n d s o u g h t t h e a p p o in t plies t o lis t $600,000 f ir s t m o r t g a g e b o n d s , is s u e d o n n e w ro a d m e n t o f a r e c e iv e r f o r t h e S t . L o u i s & C h ic a g o R a i lw a y . a t $ 12,00 0 p e r m ile . S o u t h e r n T e l e g r a p h . — A t R ic h m o n d , V a . , F e b . 1 , t h e N o r t h e r n P a c i f i c . — T h e g r o s s a n d n e t e a r n in g s b y m o n th s , S o u t h e r n T e le g r a p h lin e s w e r e p u r c h a s e d b y M r. J a m e s B . P a c e a n d a s s o c ia te s f o r t h e s u m o f $460,000. I t is g e n e r a lly b e lie v e d in 1885 a n d 1886, h a v e b e e n a s f o l l o w s : ,------- Gross E a rn in g s.--------> ,------- N et E a rn in g s.------- - t h a t t h e lin e w i l l b e o p e r a te d in d e p e n d e n t o f t h e W e s t e r n 1 88 6 . 1885. 1886. 1885. U n io n , a s M r. P a c e is a la r g e s t o c k h o ld e r in b o t h t h e W e s t J u ly ........................ $ 1 ,1 0 0 ,0 2 6 $ 1 ,0 0 0 ,0 1 1 $ 5 3 4 ,5 2 6 $ 5 4 9 ,4 4 4 P o in t T e r m in a l a n d t h e D a n v ille r a ilr o a d s , a n d i t is s u p p o s e d August................... - 1 ,2 2 6,35 3 9 7 1 ,2 8 9 6 5 8 ,9 5 2 5 06 ,70 8 S e p tem b er........... 1 ,3 7 2 ,6 7 3 1 ,2 2 4 ,9 5 5 7 6 9 ,0 3 1 6 9 2 ,0 5 9 t h a t a f t e r t h e t e le g r a p h c o m p a n y is r e o r g a n iz e d a n e ff o r t w i l l Ootober.................. 1 ,4 4 3 .6 6 7 1 ,5 2 2 ,2 8 5 8 7 4 ,6 6 0 8 6 8 ,6 1 4 b e m a d e to r u n it s lin e s so a s t o c o v e r t h e r a ilr o a d r o u t e s a n d N ovem ber............. 1 ,2 9 9 ,9 0 6 1 ,2 4 9 ,3 5 3 7 4 9 ,2 4 7 7 1 7 ,6 0 5 a ls o t o c o n s t r u c t a lin e a s f a r S o u t h a s N e w O r le a n s . T h e D ecem ber............. 8 9 9 ,6 6 5 7 7 5 ,3 7 1 3 8 3 ,7 0 8 3 06 ,55 1 n a m e o f th e c o m p a n y is t o b e c h a n g e d t o t h e P o t o m a c a n d G u l f T o ta l 6 m on th s. $ 7,3 4 2 ,2 9 5 $ 6 ,7 4 3 ,2 6 9 $ 3 ,9 7 0 ,1 2 4 $ 3 ,6 4 0 ,9 8 1 T e le g r a p h C o m p a n y . S o m e p e rs o n s y e t b e lie v e t h a t t h e p u r L a n d s a le s f o r t h e s a m e p e r io d in 1886, 1 4 5 ,7 5 5 a c r e s ; c h a s e w a s in t h e in t e r e s t o f W e s t e r n U n io n , a m o u n t o f s a le s , in c lu d in g t o w n lo ts , $507,706. S u m m it B r a n c h — L y k e n s V a l l e y . — T h e a n n u a l s ta te m e n ts O h io & M i s s i s s i p p i . — Following is a statement o f the earn o f th e s e c o m p a n ie s a r e g iv e n b e l o w : L i t t l e R o c k M i s s i s s i p p i R i v e r & T e x a s . — T h is r a ilr o a d was so ld o n J a n . 28 u n d e r fo r e c lo s u r e o f m o r t g a g e a n d p u r chased in t h e in t e r e s t o f M r. J a y G o u ld . T h e p r ic e p a id w a s $1,800,000. T h e r o a d r u n s f r o m L i t t l e R o c k t o A r k a n s a s C i t y , a d is ta n c e o f 1 1 2 m ile s , c o n n e c t in g w i t h t h e I r o n M o u n ta in Road. M r. G o u ld w a s t h e o n ly b id d e r . L o u i s v i l l e & N a s h v i l l e . — T h e g r o s s and net earnings have been a s f o llo w s : ,----- Net Earnings. ----- » ,---- Gross Earnings.---- - mgs o f this road as specially obtained by the Chronicle . ,------ December ------> .------------ Y ear. ------------ > 188 6 . G ro ssea rn in g s............. $ 2 9 6 ,9 1 8 Operating e x p e n s e s ... 2 1 6 ,4 5 3 1 88 5 . $ 3 1 2 ,9 0 4 2 1 7 ,7 8 7 188 6 . $ 3 ,8 2 7 ,8 3 2 2 ,6 7 7 ,7 2 4 Net ea rn in g s............... $ 8 0 ,4 6 5 $ 9 5 ,1 1 7 $ 1 ,1 5 0 ,1 0 3 1 88 5 . $ 3 ,6 7 9 ,6 1 5 2 ,6 4 4 ,6 4 6 $ 1 ,0 3 4 ,9 6 9 — T h e S u p r e m e C o u r t o r d e r e d t h e O h io & M iss iss ip p i to re s u m e r u n n i n g t r a in s o n it s S p r in g fie ld d iv is io n , b e g in n in g F eb ru ary 1 . O r e g o n S h o r t L i n e . — I n r e g a r d t o t h e q u e s t io n o f th e U n io n P a c i f i c ’s li a b i l i t y o r r t h e O r e g o n S h o r t L i n e b o n d s, t h e w o rd s o n t h e b o n d i t s e lf a r e a s f o llo w s : G uarantee o f in terest b y th e Union. P a cific R a ilw a y C om p a n y : T h e Oregon S h ort L in e R a ilw a y C om p a n y , th e o b lig o r h erein , h a v in g granted to th e U n ion P a cific R a ilw a y C om p a n y certa in p e rp e tu a l rights, p riv ileg es an d e i sem enta, a n d h a v in g a lso en tered in to a p er petual a greem en t w ith it to r th e in terch a n ge o f business, d a ted th e 1 2 rh day o f J an u a ry , A . D. 188 2 , a n d th e U n ion P a cific R a ilw a y C o m p a n y , in con sid era tion th e re o f, h a v in g agreed , as th erein p ro v id e d , to su ch a dvision o f jo in t ea rn in gs as s h a ll'b e sufficient, w it h th e oth er n e t ea rn - S um m it B r a n c h . 188 6 . G r o s s ....................................................$ 7 3 2 ,6 2 4 E x p e n s e s ............................................... 7 1 8 ,9 3 4 N e t...................................................... $ 1 3 ,6 8 9 L ykens V alley. 1 88 6 . G ro ss ...........................................................$ 7 5 6 ,9 4 0 E xp e n se s............................... - .................. 8 5 4 ,8 5 8 D e ficit..................................................... $ 9 7 ,9 1 8 Decrease. 1885. $ 1 ,3 9 6 ,6 7 7 1 ,2 2 7 ,7 5 9 $ 6 0 4 ,0 5 3 5 0 8 ,8 2 4 $ 1 6 8 .9 1 8 $ 1 5 5 ,2 2 8 1 88 5 . $ 7 9 9 ,9 2 7 9 1 0 ,7 8 5 Decrease. $ 1 1 0 ,8 5 7 $ 1 2 ,9 3 9 $ 1 2 ,9 8 7 5 5 ,9 2 6 W a b a s h S t . L o u i s & P a c i f i c — R e c e iv e r s T u t t a n d H u m p h re y s, o f th e W a b a s h , w e r e o rd e re d b y th e C o u rt to te n d e r t o J u d g e C o o le y t h e p o s se s sio n o f t h e E e l R iv e r R a ilr o a d in I n d ia n a . I n t h e e v e n t o f h is r e f u s a l t o a c c e p t th e r o a d i t w a s o r d e r e d t h a t T u t t a n d H u m p h r e y s c o n t in u e t h e o p e r a t io n o f t h e r o a d in c o n n e c t io n w i t h t h e D e t r o it & B u t le r R o a d u n t il f u r t h e r o r d e r s o f t h e c o u r t . T h e te n d e r w a s m a d e a n d J u d g e i C o o le y d e c lin e d it, 186 THE CHRONICLE. [V ol. X L 1 V 3P Commercial 'Jaim xe es. C Friday Night, Feb. 4, 1887. T h e p o lit io a l in t e llig e n c e f r o m t h e C o n t in e n t h a s b e e n s u f f ic ie n t ly e x c i t i n g , a n d y e t c o n flic t in g , t o g i v e a g r e a t im p u ls e t o s p e c u 'a t io n in t h e le a d in g s t a p le s o f a g r ic u lt u r e , b u t t h e s t r ik e s o f th e ’lo n g s h o r e m e n a n l t h e i r s y m p a t h iz e r s h a v e c o n t in u e d t o e x e r t a p a r a ly z i n g in flu e n c e u p o n b u s in e s s c ir c le s . M e r c h a n ts p r o c e e d t i m i d ly in a l l t r a n s a c t io n s , w h e t h e r s p e c u la t iv e o r o t h e r w is e , f e e l i n g t h a t t h e r is k s a r e g r e a t l y in c r e a s e d b y t h e u n c e r t a in t ie s o f t h e s it u a t io n . T h e d if fic u lt ie s o f lo a d in g a n d c o a lin g v e s s e ls c o n t in u e s t o r e t a r d t h e e x p o r t to be n o T h e f o llo w i n g is a s t a t e m e n t o f t h e s t o c k s o f le a d in g a r t ic le s o f d o m e s t ic a n d f o r e ig n m e r c h a n d is e a t d a t e s g i v e n : F o r k .............................. ................. bbls. B e e f............................ .te s . and b bls. L a r d ............................ T o b a c c o , d o m e s t ic . T o b a c c o , fo r e ig n ___ C offee, R io .................. C offee, o t h e r ............ C offee, J a v a , & o___ ................. m ats. S u g a r ........................... ................. hhds. S u g a r .................b o x e s an d baskets. S u g a r .......................... M e la d o ........................ M o l a s s e s ,fo r e i g n ... ................. hhds. M ola sses, dom es tio. ..................b bls. H id e s ............................ .....................No. C o tt o n .......................... R o s in ............................ S p irits tu rp en tin e .. ...................bbls. T a r ............................... ...................b b ls. R ic e , E . I .................... R ic e , d o m e s tic ......... ..................pkgs. L in s e e d ....................... S a ltp e tr e ..................... J u te b u t t s ................ M anila h e m p ............. Sisal h e m p ................. 1 9 ,8 2 4 65 3 3 ,7 1 0 3 8,7 09 49,331 225 ,87 1 3 1 ,7 6 0 9 6 ,9 0 0 9,2 9 3 3 ,935 1,9 6 1,30 8 N oue. 150 7,0 0 0 3 5 3 ,e o o 2 1 6 ,5 3 4 1 8 ,2 94 3,1 4 1 7 93 4 ,9 0 0 4 ,5 2 0 N one. 1 1,1 50 2 9 ,3 00 1 8,246 5 ,7 5 3 1887. Feb. 1. Cp OH 00 . 00 »o zzro 1887. Ja n . 1. 2 7 ,1 1 6 73 3 9 ,4 9 9 37,5 43 48,9 85 224 ,10 7 3 6 ,4 4 3 1 35 ,14 4 9,5 9 2 3,9 3 5 1 ,8 5 9,97 6 N one 571 5 ,0 0 0 3 5 5 .4 0 0 2 4 5 ,85 5 16.383 2 ,4 4 5 908 8 ,4 4 0 7 ,0 0 0 N one. 1 2,7 50 2 5,0 00 16,9 26 8,9 5 9 2 5,2 92 '5 2 1 4 1,6 43 3 0,7 35 5 0,7 07 2 5 8 .9 0 4 8 6,4 49 6 1,1 50 13,335 N one. 4 5 9 ,6 2 0 T O N . The Movement of the Crop , a s in d ic a t e d b y o u r te le g ra m s fr o m t h e S o u t h t o - n ig h t , is g i v e n b e lo w . F o r t h e w e e k en d in g th is e v e n in g ( F e b . 4), th e t o t a l r e c e ip t e h a v e r e a c h e d 130 753 b alds, a g a in s t 13 2 ,53 1 b a le s la s t w e e k , 155,884 b a le s t h e previous w e e k a n d 14 2 ,9 15 b a le s t h r e e w e e k s s in c e ; m a k i n g t h e to ta l r e c e ip t s s in c e t h e 1 s t o f S e p t e m b e r , 18 86,4,486 ,3 82 b a le s,a g a in s t 4,235,664 b a le s f o r t h e s a m e p e r io d o f 18^5-86. s h o w in g a n in c r e a s e s in c e S e p t e m b e r 1 , 1886, o f 2 5 0 ,718 b a le s. R eceipts at— 2 0 ,0 0 0 1 3 ,6 5 0 5 0 ,2 0 0 1 2 ,6 0 0 25^225 DAILY CLOSING PRICES OF LARD FUTURES. S a turd’y. M on d’y. Tuesd'y. W edns'y. Thursd’y. F rid a y, F e b . d e liv e r y .. 6 -78 0-76 6 ‘ 79 6-37 6 ‘90 6*97 M a rch “ . . 6 ‘83 C 82 6-81 6 ‘8 8 6*90 6 -97 A p ril « . . 6 -90 6 ‘89 6-94 0 ‘ 38 6 -97 7 04 M ay “ . . 6 ‘9 7 6*95 7-01 6*93 7*04 7*11 June *• . . 7 ‘0 3 7 ‘02 7 -00 „7 ‘08 7-11 7 -18 T h e s p e c u la t io n in p o r k a t t h e W e s t h a s c o n t in u e d a c t iv e , r a t h e r h a r d e n in g th is m a r k e t , b u t t h e c lo s e is d u ll a t $ 13 7 5 @ $18 f o r m e ss . C u t m e a t s h a v e a b o u t m a in t a in e d th e a d v a n c e Q u o te d in o u r la s t, w it h p ic k le d b e llie s 7@ 1 % c .; b u t t h e c lo s e is q u ie t. B e e f h a s a d v a n c e d t o $8 50@ 9 p e r b b l. f o r e x t r a m e s s a n d $18@ 20 p e r t ie r c e f o r c i t y I n d i m ess. T a llo w h a s b e e n f a i r l y a c t i v e a t 4 % c . B u t t e r is lo w e r a t 18 @ 2 9 l fo r \ c r e a m e r y . C h e e s e is a g a in d e a r e r a t 1 2 @ 1 3 ^ c . f o r S .a t e f a c to r y , fu ll cream . T h e s p e c u la t io n in R io c o ffe e h a s b e e n d u ll, a n d t h e c o u r s e o f p r ic e s w a s q u it e v a r ia b le , b u t t h e c lo s e a f t e r a r e c e n t d e c lin e w a s to - d a y r a t h e r s t e a d ie r w i t h s e lle r s a t 1 2 -90@12*95c. f o r t h e a c t iv e m o n th s ; b u t F e b r u a r y o p tio n s h e ld a t 1 8 ‘05c. C o ffe e o n t h e s p o t w a s v e r y d u ll th r o u g h o u t t h e w e e k , w i t h f a i r c a r g o e s o f R io q u o te d a t th e c lo s e a t l i % c . R a w s u g a r s h a v e b e e n a b o u t s t e a d y , a n d w e r e to -d a y f a i r l y a c t iv e a t 4 9-16c. f o r f a i r r e f in in g a n d 5 ^ c . f o r c e n t r i f u g a l, 96 d e g . t e s t . M o la ss e s d e c lin e d t o 1 9 ^ c . f o r 50 d e g . t e s t, a n d te a s a r e q u ie te r . K e n t u c k y t o b a c c o h a s b e e n q u ie t t h u s f a r t h is m o n th . Q u o t a t io n s a r e : L u g s , lig h t , 8J^ @ 5c., h e a v y , 8 ^ @ 5 ^ c . ; le a f , lig h t , «$¿@ 1 1 * 0 ., h e a v y , 6 ^ ( 9 1 2 c . S e e d le a f h a s a ls o b e e n q u ie t a n d s a le s f o r t h e w e e k a r e o n ly 1,600 c a s e s a s f o l l o w s 250 c a s e s 1885 c r o p , P e n n s y lv a n ia H a v a n a , 10 @ l3 J ^ c,; 300 c a s e s 1885 c r o p , P e n n s y lv a n ia se e d , 1 0 ^ @ l l J ^ c . ; 450 c a s e s 1883 c r o p , P e n n s y lv a n ia se e d , l l * @ 1 8 c . ; 200 c a s e s 18 81-82 c r o p , P e n n s y lv a n ia se e d , 18@ 15>£o.; 200 c a s e s 1885 c r o p , S t a t e H a v a n a , 8 * @ 1 0 % c .; 100 c a s e s 1885 c r o p , H o u s a t o n ic H a v a n a , o n p r i v a t e te r m s , a n d 10 0 c a s e s s u n d r ie s , 6 @ 1 8 c.; a lso 400 b a le s H a v a n a , 6 0 c .@ $ l 10, a n d 200 b a le s S u m a t r a , $ 1 30® $ 1 60. S p ir it s t u r p e n t in e h a s d e c lin e d a n d c lo s e s d u l l a t 39c. w it h r o s in s q u o te d $ 1 @ $ 1 0 7 * f o r c o m m o n to g o o d s t r a in e d , a n d t a r a t $2. C r u d e p e t r o le u m c e r t ific a t e s h a v e d e c lin e d u n d e r t h e e ff e c t o f t h e la b o r tr o u b le s , b u t c lo s e d s t e a d ie r t o - d a y a t 66 ^ @ 66 % c . M e ta ls h a v e b e e n d u ll a n d s t r a its tin s d e c lin e d , w i t h B ales to -d a y a t 2 2 ‘40 c., f o r F e b . d e liv e r y . T h e in t e r io r ir o n m a r k e t s a r e d u ll. A s t r ik e o f s t e e l w o r k e r s is th r e a t e n e d . O c e a n f r e ig h t s a r e g e n e r a lly v e r y d u ll, b u t s o m e t h in g h a s b e e n d o n e in w h e a t t o t h e C o n tin e n t. M on. Sal. Galveston......... Indianola, &c. New O rleans... Mobile................ Florida.............. Savannah.......... Brunsw’k, dee. Charleston....... P t Royal, dec. W ilm ington. . . . Moreh’d C.&c. Norfolk.............. West Point,&o New Y ork......... Boston............... B altim ore......... Philadelp’a, <feo. Tues. 2,901 2,725 .... .... Wed. 1,725 .... ...... .... 1,856 F ri. 1,023 6,293 125 8,628 12,387 10,721 1,243 349 498 2,800 Thurs. 2,733 3,659 176 .... .... 1,642 3,758 1,376 .... .... .... 1,142 .... 359 951 .... 244 1,0 10 .... 183 1,263 .... 1,023 •••• 93 .... .... .... .... 1,308 743 484 1,10 i 2,994 934 .... 458 2,421 818 1,049 1,423 1,737 707 329 1,093 2,338 618 452 180 .... •• •• .... .... .... .... 43 192 43 1,153 .... 52 Total. 1,150 12,260 7,026 48,714 723 3,114 255 255 1,861 13,293 86 86 1,613 7,002 105 105 2 .8 1,149 129 129 2,467 13,265 10,597 14,417 151 2,465 1,326 6,273 6,769 6,769 21 1,457 Totals this week 21,952 22,898 23,654 16,569 11,183 34,497 130,753 F o r c o m p a r is o n , w e g i v e t h e f o l l o w i n g t a b le s h o w i n g t h e w e e k ’s t o t a l r e c e ip t s , t h e t o t a l s in c e S e p t . 1 ,1 8 8 6 , a n d t h e s t o c k to -n ig h t, a n d t h e s a m e it e m s f o r t h e c o r r e s p o n d in g p e r io d s o f la s t year, 1 , 1 »8 7 ,0 0 0 1 89 ,50 0 2 72 ,80 3 18,930 1,639 1,591 7 ,8 0 0 4 ,3 0 0 T h e s p e c u la t io n in L a r d f u t u r e s w a s r a t h e r d u ll u n ti* W e d n e s d a y , w h e n i t b e c a m e b r is k e r a n d v a lu e s w e r e b u o y a n t , s o m e f u r t h e r a d v a n c e b e in g m a d e o n T h u r s d a y ; t o - d a y th e m a r k e t w a s q u ie te r , b u t m a d e s o m e f u r t h e r a d v a n c e . L ir d o n t h e s p o t h a s n o t s v m p a t h iz id w it h th e m o v e m e n t in f u t u r e s , a n d t o - d a y w a s d u ll, c lo s in g a t 6 ‘70 j . f o r p r im e C i t y , 6-90® 6 ‘95c. f o r p r im e t o c h o ic e W e s t e r n , 7 2 0 j . f o r r e f in e d t o th e C o n t in e n t a n d 7 ‘80c. f o r r e f in e d t o S o u t h A m e r ic a . T F r i d a y , P . M ., F e b . 4, 1887. COMMERCIAL EPITOME. t r a d e , b u t t h e d a n g e r o f a c o a l f a m in e is b e lie v e d lo n g e r s e r io u s . O R eceip ts to F eb. 4. G a l v e s t o n ... I n d ’n ola ,& o N ew O rleans. M o b ile ..... . . F lo r id a .......... S a v a n n a h . .. B r’s w ’ k, & c C harleston . . P t.R o y a l,& o W ilm ington . M’h e a d C.,& c N o rfo lk .......... W . P o in t, &o. N ew Y o r k . . . B o sto n .......... B a lt im o r e . . . P h ila d el’a.&o 1886-87. 138 5 -8 6. This S in ce Sep. W eek. 1 ,1 3 8 6 . This S in ce S (p . W eek. 1 ,1 8 8 5 . 1 2 ,2 60 6 5 3 ,3 3 4 11,481 4 8 ,7 1 4 1 ,4 2 0 ,8 5 7 3 ,1 1 4 190 ,76 5 253 2 1 ,1 1 3 1 3,293 7 25 ,43 8 2 5 ,3 41 86 7 ,0 0 2 3 5 6 ,0 6 4 105 1 4,978 1,1 4 9 1 27 ,73 5 1 29 3,6 8 8 1 3,265 *4 66 ,56 4 1 4,417 2 7 7 ,5 3 3 2,465 7 0 ,7 67 6,2 7 3 6 3,2 49 6 ,7 0 9 4 4,0 65 1 ,4 5 7 24,901 5 0 ,9 7 9 0 2 89 2,8 7 3 11,7 15 2 79 7 ,1 8 4 4 70 1,8 2 4 556 1 4,3 76 4 ,6 9 2 512 3 ,1 6 5 2 ,4 2 0 7 03 6 0 2 ,2 5 7 781 1 ,3 8 9 ,4 1 6 2 03 501 49,5(10 6 6 0 ,7 9 7 1 3,7 88 4 0 8 ,3 0 8 1 0 ,2 7 4 8 5 ,5 1 2 5 ,1 4 0 4 2 3 ,9 9 6 2 1 0 ,9 3 3 4 5 ,5 1 3 6 6 ,8 3 0 3 4 ,0 2 8 2 6 ,0 9 0 T o ta l............. 130.753 4 ,4 9 6,38 2 1 22 ,41 8 4 ,2 2 5 ,6 6 4 Stock. 188 7 . 1886 6 7 ,5 7 2 65,559 3 7 9 ,3 3 9 3 0,3 41 379,439 6 9 ,9 9 7 90,913 3 1,9 73 477 3 ,0 3 2 75,696 30 10,463 2 9 ,2 9 0 13,7 80 2 5 6 ,9 1 2 9 ,5 0 0 2 0 ,3 4 6 1 0,0 54 46,491 1,301 279,779 6,310 31,770 20,243 9 2 2 ,6 4 3 1,063,680 re c e ip ts sin ce S ept. 1. I n o r d e r t h a t c o m p a r is o n m a y b e m a d e w i t h o t h e r y e a r s , w e g i v e b e lo w t h e t o t a ls a t le a d in g p o r t s f o r s i x se a s o n s . R eceipts at— 188 7 . 1884. 1883. 1882. G a lvest’n.dco. N ew O rleans. M o b ile ............ S ava n n a h . . . Charl’st’n, &o W ilm ’g t ’n , &o N o rfo lk .......... W. P o in t, dec. A ll oth e rs . . . 1 2 ,2 60 4 8 ,7 1 4 3 ,1 1 4 1 3,2 93 7 ,1 0 7 1,278 1 3 ,2 65 1 4,4 17 17,3 05 11,4 81 5 0,8 79 6 ,2 8 9 1 4,7 15 7 ,6 5 4 2 ,3 8 0 14,3 76 4 ,6 9 2 9 ,9 5 2 7 ,5 8 3 3 7 ,3 53 7 ,1 3 9 1 0 ,5 0 4 7,3 1 8 1,194 7,3 9 1 3 ,6 7 6 7 ,6 2 7 11,3 01 3 6 ,4 9 9 5 ,6 7 8 1 0,3 15 7 ,2 3 3 1,531 1 2 ,8 6 4 4 ,1 2 8 2 1 ,9 0 2 15,941 5 4 ,9 0 4 9,4 6 7 19,0 27 1 5 ,7 1 2 6 ,7 5 4 2 1 ,7 10 6 ,7 5 5 1 5,5 98 8,146 24,010 5,219 11,607 6,218 2,590 14,192 3,630 11,167 T o t. th is w ’ k. 130 ,75 3 1 22,418 8 9 ,7 8 5 111 ,48 1 1 65 ,86 8 86,779 1 88 6 . 1885. S ince S ept. 1 . 4 4 8 6 ,3 8 2 4 2 3 5 ,3 6 4 4 2 1 6 ,7 7 7 4 0 3 2 ,7 9 7 4 4 8 5 ,8 1 5 3874,317 G a lv e s to n in clu d es In d ian oia ; C h a rleston in clu d e s P o r t R o y a l, &o. W ilm ington in clu d es M oreh’d C ity,& o.; W e st P o in t in clu d e s C ity P oint , & 0 T h e e x p o r t s f o r t h e w e e k e n d in g t h is e v e n in g r e a c h a to ta l of 18 1,0 3 7 b a le s, o f w h ic h 71,7 9 8 w e r e to Q r e a t B r it a in , 19,712 to F r a n c e a n d 39,527 t o t h e r e s t o f t h e C o n t in e n t . B e lo w are t h e e x p o r t s f o r t h e w e e k a n d s in c e S e p t e m b e r 1 , 1886. Export» from — Week Ending Feb. 4. From Sept. 1.1886, to Feb. 4.1887. Exported to— _________ Exported to— Qreat Conti Total Qreat Conti Total. Brit'n. France nent. Week. Britain. France nent. G alveston....... 14,225 14,225 New Orleans.. 21,871 15,851 16,872 54,094 Florida............. Savannah........ 8,893 3,204 Charleston ... W ilm ington... N orfolk.... ... 21,964 West Point,&c 4,688 New Y ork....... 2,141 Boston............. 7,165 6,907 Baltim ore...... Phlladeli’a, Ac 1,405 :::::: 2,401 1,650 310 2,400 8,194 2,261 2,722 4,372 21,964 4,088 2,146 4,597 7,165 1,102 8,069 1,405 339,275 975,749 24,639 230,238 26,981 453,120 287,027 24,639 82,036 230,602 225,006 18,018 83,765 38,014 90,823 7,960 267,553 71,230 2,150 288.009 33,040 81,752 72,037 5,132 28,577 183,292 426,940 111,674 233.483 9,140 107,983 1,937 269,490 81,780 8,106 134,814 455,869 83,097 1,345 93,908 16,739 31,070 2,493 782,498 3,123,236 T o t a l......... 71,798 19,712 39,527 131,037 1,921,749 418,938 TVt»i 1885-86 59,357 23,158 20,605 103,120 1.438.384 290,522 884,790 2.613.696 TH E 5, 1887. J February l a a d d it io n t o a b o v e e x p o r t s , o u r t e le g r a m s t o - n ig h t a ls o g i v os th e f o llo w in g a m o u n t s o f c o t t o n o n s h ip b o a r d , n o t c le a r e d at th e p o r t s n a m e d . W e a d d s i m ila r fig u r e s f o r N e w Y o r k w h ich a r e p r e p a r e d f o r o u r s p e c ia l u s e b y M e s sr s. C a r e y , Y a l e ft L a m b e r t, 24 B e a v e r S t r e e t . Stock. G reat Other B rita in , F ra n ce. F o re ig n C oast wise. 16,0 22 N one. 6 .5 0 0 8 .9 0 0 5 ,4 7 8 1 .9 0 0 3 .5 0 0 9 ,3 1 8 N one. 1 ,5 0 0 8C0 3 ,6 0 0 9 0 ,4 0 9 12,6 00 14,2oO «S 3.et a ft ®s *4 1 ,1 0 0 1 1 ,0 0 0 1 ,0 0 0 N one. N on e. 1 0 ,0 0 0 00 1 1 2 8 8 ,9 3 0 17,741 1 7 ,7 7 3 5 8 ,8 9 7 48,2 51 15,2 90 2 5 0 ,6 4 2 47,1 89 Total. New O rleans----Mabile................. C iar leat o n . . . . . S .v a n n a h ........... G *1 ves t o n ........... N jr fo lk ........... .. NaW Y o r k ........... Otter p o r t s . . . . . 5 0 ,6 8 2 1 2 ,6 0 0 2 ,3 0 0 9 ,0 0 0 14,3 97 N one. 4 ,0 0 0 N one. 2 .8 0 3 N one. 500 N on e. Total 1 8 8 7 ........ 9 6 ,6 22 2 1 ,6 9 0 4 3 ,3 0 0 16,3 18 1 7 7 ,9 3 0 1 01 ,42 7 8 3,8 29 18,2 83 7 ,5 3 9 6 5,2 52 3 0 ,5 44 1 7,5 59 8 ,8 0 9 202 ,52 1 130 ,72 1 Pa - ' n ‘» • e g h j o b e <** s * 5 p. Pa S et®. S&F' i : ! • p fi• £••: ft A 7 44 ,71 3 Total 1 88 6 . . . . . Total 188 5 . . . . . fa*! §3g| 9 O9 R. So ®® 8 On S hip b oa rd , n o t clea red —f o r Feb. 4 , AT— 187 C H R O N IC LE . ^ * F co i 1 2 9 M ? ©H r.» ft ® O O ®pt C<» » *5 P a 'S S * • *0 O'! &S’* . P.&M ! e.8.®. • ! »«I o • • Cr ! o* u i b ; 7 ! O• Q« %® o r 8 6 1 .75 9 7 3 8 ,34 1 2 ,2 0 0 1 ,4 0 0 7 ,4 4 0 1 1 ,0 0 0 1 1 ,1 0 0 19,321 6 ,3 0 0 NEW ORLEANS. U PLA N D S. Feb. 4. S a t. M on T ue« S a t. W ed Ordiny.V lb BtriotOrcL. Good O r d .. Btr. G’d O rd Low M ldd’g Btr.L’w M lS M iddling... Good M id .. Btr. G’d M id Midd’g F air Pair............. Th. F r i. W ed % 73,6 % 73x6 8 % 89x6 9 9 5 16 9% 9% % 73,6 8 % 89x6 9 9 516 9*3 9% 615le 615x6 7% 7% 83,6 83,6 8 % 8 % 93,6 93x6 9*4 9*3 911x6 911X6 915,6 91&X6 103 , 6 103,6 109,6 109,6 113,6 113,6 6 6 8*8 8»16 9 95,6 9^3 9% 10 10 10 10 % 11 6 % 10 1-1 10 1 1 % S T A IN E D . S a t. Good O r d in a r y .... .« lb . Btrlot G ood O r d in a r y ..... L)w M id d lin g .......... M iddling... 6 9 ,6 7*4 8 lis 8 1&xe Th. 615,6 7 3 ,« 7% 85,6 8*4 811,6 8 % 93,6 9% 9% 97,6 911x6 9% 915,6 9 78 103,6 10 % 109,6 10 % 1 1 % 113x6 6 7a 7 3 lh 84 8 i*xe 9% 97,6 9% 9 78 10 % 10 % 1 1 % F r i. W e d Th. S "® « © »4 O p* O C® Pf C® i O O V|®oP ob © 8 6b© 00 I0 11 CD C D CC OO OC dO §1 I © UÍ le i Si* ( I 11 ©! ««5 CD CDO CD I9 CCwC Ò ¿Oc0 Ò CD C O ^3 D ^CÒ0 C ò C C O 00^ OD D C O ft «O ft ©© ¡J © 4 là© ® 0009 S <X|Í-H^ I 8 .M . I «r* © oo-i © © © © ©©§© o ©, © © o làlf-©là obiftöob |- Ift S ©to -u ft CC < OO ► coco 9 coco N coco % ob® ® <N ** M© * ®® ® » 1 I 1«M C O cocopeo CD C O C ©©o® D C O O ¿Otó 0 r tb I C^ H èócò®C ft Ò 0 -• D OC 1 O 0 ft ¡J ©© ft «O© 5 ©© ft % iá ob ® ob b ® M M .,® t-©!_í^ ® b H ^ w 2Tco « © IO p* I 0 #1 ©©o© © © o © ©©©© làlà©là toe» w I9 : C O cocoreo cocoreó tfr-05 03 w© ft % ^ b ob ® C ob M ^ W 1O© 1 ft ©© 5 09 ob ® I 07* oboe © ob -4 ® to ft ► ©© ► ◄ ®© 5 O ® ©© H ® I¿ ® pipe- ® 0 00«^ C if. ® •I * ft 5 «©to"1 * ® • l co co ^ HOW * J I co I dp. 1 »71 Toi». 1 0 «. O d ©©o© © ® O ® I ® o ® CD CO O CO CD C o co D Ctei» ® cl» »¿U tfL J iO iá ©iá iài(l®ià I oi©cii to to © oo co O d -4© to o © ©© 4 coco % C Oco > C C ► OO 9 pipi 9 O l D i® i i^ ! C M * a to co D to © W I 1 a C 1 0 .co i í I w 2 * I C O00 C C C P C OC P O O Oo O cb à © PI p iá o pl •J »•iw a © o coco co C O a o ®® a © 1 co c o § Oi » © r-4a ► <1 9 co <? 5 fft o» • 9 it- 0 0 ® “« i 0 .®. to D D C co C O C O pl a,©©, a co pl PI M C O OC ifG 00 O 1 9. C O OC pl C OPI ©«o ft < J cJici. 9 i o„M ; H ©©©© ©i©®® >4® O F r i. 615,e 7% 85,6 8 % 93,6 9*3 9 U x6 916xfl 103,6 109,6 615x6 7% 8 5xe 8 % 9 Bxe 9% 911,6 9*5X6 103,6 109,6 1 1 3X6 113x6 69x6 8 8 7% 81,6 816x6 % 615,6 615,6 7% 7% 85,6 8 5 ,6 8% 8 % 93x6 93,6 9% 9% 911X6 911,6 915x6 913,6 103,6 103,6 1 0 9 ,6 1 0 9 ,6 Th. % V3i6 8 6 113x6 l l » X 6 6 % : 93:* T • I f 7g 73xa 84 811X6 9% 97x6 9% 9 78 10 % 10 % 1 1 % 6 78 % V»X6 8 a P M on T nes S a t. M on T nes W ed 6 ! ! TEXAS. M on T nes Ordin’y.tftt) 6 % 611,6 615,6 6 % 6 U ie Strict O r d .. 73 j6 7% 7% 73,6 7% Good O r d .. 8 * 8 8 6 ,6 84 8 i le 81x6 fltr. G’d Ord 8 »J 6 8 ifl 8 % 8 % 8 Hxe Low M id d ’g 9 815,6 93,6 9*8 81&16 Btr.L’w M ia 9&ie 9H 9*3 9>4 9 'i e M iddling... 9 ^ 91,6 9? 16 911X6 9 % Good M id .. 9% 911,6 911,6 913x6 9 % Btr. G’d M id 1 0 915,6 103,6 1 0 % 913x6 Hidd’g F a ir 1038 103,6 103,6 109,6 1 0 % f a i r . . . ........ 1 1 101316 1015,6 I I S ,« 1 1 % |®sf HC D fi • T.H 9-35 ,300 9*37 9*34 The speculation in cotton for future delivery at this market opened much depressed, and in the course of Saturday and Monday there was a further decline of 6 @ 11 points for this crop, the summer months showing the most depression, while the next crop gave way 12@ 14 points. The weakness was due to the free movement of the crop, strengthening belief in the larger estimates of the total yield and to the unfavorable foreign advices, together with sympathy with the depression in financial circles. But at the lower prices on Monday there was very heavy buying, not only to cover contracts, but for the “ bull” account, in the belief that values had touched bottom and the expectation that the crop movement would at once compare less favorably with last year; and on Tuesday a steadier report from Liverpool caused a stronger market here, though the South continued depressed. On Wednesday Liverpool was decidedly higher, and our market responded with a smart advance, which was partly lost in the later dealings. Yesterday prices sharply declined under the war-like Continental advices. To-day a dull opening was fol lowed by a decided advance, the foreign advices being some what reassuring. Cotton on the spot was quoted l-16c. lower on Monday, but the decline was recovered on Wednesday, with a larger business for home consumption. To-day the market was quiet and unchanged at 9)$c. for middling uplands. The total sales for forward delivery for the week are 742,800 bales. For immediate delivery the total sales foot up this week 2,147 bales, including— for export, 2,147 for consumption, — for speculation and — in transit. Of the above, — bales were to arrive. The following are the official quotations for each day of the past week. öpGöotd Sí 05 o ~ s 94*0 O H S.» F r i. 69X8 74 I lls 816x6 69 1 6 7% 81,6 8 *BX 6 4 lálft ® I8 « M A R K E T AND S A L E S . The total sales and future deliveries each day during the W are indicated in the following statement. For the coneek Tenience of the reader we also add a column which shows at a glance how the market closed on same hays. SALES OF SPOT AND TRANSIT. SPOT MARKET CLOSED. E x C on Spec- T ranp o rt. sum i* u l’ t’n lit . Total. Bat. . Q u ie t ..................... M on. E a s y a 1,6 d e c .. lu es. Quiet ______ W ed. S tead y a i , e a d v . Timrg E a s y ...................... P rl. . S tea d y ................. .... 153 4 21 226 773 288 2 86 .M ................. .... 2 ,1 4 7 Total. . T he Sa l e s and P r ic e s of Sales. D eliv eries. 153 8 9 ,3 0 0 421 1 74 ,70 0 6 145,500 7 7 3 130,300 2 88 1 3 2 ,3 0 0 2 8 6 7 0 ,7 0 0 Ì0Ò The following exchanges have been made during the week : 100 5 p d . to e x c h . 5 0 0 Feb. fo r A p r. 8 p d . to e x c h . 1 0 0 M ar. fo r M ay. 100 2,1471742,800 300 T j b V i s i b l e S u p p l y o f C o t t o n to-night, as made up b y cab’« id telegraph, is as follows. The Continental stocks, as well as Lose for Great Britain and the afloat, are this week’s returns, id consequently all the European figures are brought down i Thursday evening. But to make the totals the complete mres for to-night (Feb. 4j, we add the item of exports from 22 .... .... .... .... I k e dally d eliv eries g iv e n a b o v e a re a ctu a lly previous ro th a t o n w h ion th e y a re re p o rte d . mg comprehensive table. FUTURES. F utures * In clu d e s sales In S eptem b er, 1 8 8 6 , to r S eptem ber. 4 2 ,3 0 0 ; S ep tem ir-Ootober, fo r O ctob er, 2 8 7 ,2 0 0 .; S eptem ber-N ovem ber, fo r N o v e m b e r , 11,700; S eptem b er-D ecem b er, fo r D e ce m b e r, 7 6 5 ,1 0 0 . o f W e n a v e in clu d e d in tn e a c o v e ca b le , a n a s n a il co n tin u e e a c h e e k t o g iv e , th e a v e ra g e p r ic e o f fu tu r e s e a c h d a y f o r e a c h m onth. _It 111b e fo u n d a n d e r e a c h d a v fo llo w in g th e a b b re v ia tio n “ A v e r .” T h e rerage f o r e a ch m o n th fo r th e w e e k Is a ls o g iv e n a t b o tto m o f ta b le. T ra n sfera b le O rd ers—S atu rda y , 9 -35o., M o n d a y 9 ,30o.;] T u e sd a y , 35e.; W ed n esd a y, 9 4 0 c., T h u rsd a y , 9 -4 0 c.; F r id a y , 9 -45 o d eliv ered th e d ay are shown by the follow- . . r r „ : j _j I *27 p d . to e x c h . 8 0 0 F e b . fo r J u n e | A v n o p fa o f T t i Hq v r m lr . T 188 THE CHRONICLE. 1887. S tock at L iv e r p o o l . . . . . . b a l e s1. 8 7 7 ,0 0 0 S tock a t L o n d o n . . . . . . . . . . 1 2 ,0 0 0 S tock S to ck S tock S to ck S tock S tock S tock S tock S to c k S to ck at at at at at at at at at at H a m l u r g . .. B r e m e n ..... A m sterd a m R o tte rd a m . A n t w e r p .... H a v r e ....... M a rs e ille s . . B a r c e lo n a ... G e n o a ....... T r i e s t e . . . . ., . . . . 8 3 9 ,0 0 0 2 ,7 0 0 2 1 ,0 0 0 3 0 ,0 0 0 200 . . . , 700 2 2 5 ,0 0 0 3 ,0 0 0 4 1 ,0 0 0 1886. 0 3 6 .0 0 0 1 7 ,0 0 0 1885. 8 0 0 ,0 0 0 3 7 ,0 0 0 6 5 3 ,0 0 0 4 ,3 0 0 3 6 ,6 0 0 2 9 ,0 0 0 400 8 9 7 .0 0 0 7 ,2 0 0 4 7 .1 00 4 3 ,0 0 0 7 00 2 ,1 0 0 1 ,1 0 0 9 ,0 0 0 3 ,0 0 0 2 1 6 ,0 0 0 4 ,0 0 0 4 5 ,0 0 0 7 ,0 0 0 5 ,0 0 0 3 3 9 ,5 0 0 3 0 4 ,4 0 0 3 7 6 ,1 0 0 6 ,0 0 0 . 1 6 8 ,0 0 0 4 ,0 0 0 4 5 ,0 0 0 1 2 ,0 0 0 1 88 4 n ° 6 0 ,0 0 ° Week en d in g Feb. 4. 9 2 6 ,0 0 0 3 ,7 0 0 68,6 00 5 3.006 G a lv e s t o n . . . N ew O rleans. M o b ile ............ Savannah. . . C h a rle sto n . . W ilm in g to n .. N o r f o l k .. ... . B oston ........ . B a ltim o r e .... P hiladelphia. A u g u s t a ..... M em phis . . . . St. L o u i s ... .. C in c in n a t i... L o u is v ille .... 8 6 6 ,0 0 1 ,2 0 0 3,800 1 83,000 6 ,0 0 0 5 5 ,0 00 1 1 ,0 0 0 7 ,000 3 9 2 ,3 0 0 T o ta l E u rop ea n s to o k s ....1 ,2 2 8 ,5 0 0 9 5 7 ,1 0 0 1 ,2 7 3 ,1 0 0 1 ,3 1 3 ,3 0 0 In d ia c o t t o n a floa t fo r E u ro p e . 1 4 7 ,0 0 0 1 0 4 ,0 0 0 5 4 ,0 0 0 185,000 A m e r’ n o o t t ’n a lloa t fo r E u r p e 6 1 9 ,0 0 0 4 1 8 ,0 0 0 4 7 4 ,0 0 0 513 ,00 0 ®#fypt, B ra z il,A c.,a fltf o r E V p e 3 1 ,0 0 0 3 1 ,0 0 0 4 6 ,0 0 0 57,000 S to c k In U n ited S ta tes p o rts . . 9 2 2 ,6 4 3 1 ,0 6 3 ,6 8 0 8 6 9 ,0 6 2 1,0 4 3 ,7 7 2 B took in U . S. in te rio r t o w n s .. 3 0 2 ,1 2 8 4 3 6 ,6 9 7 2 5 5 ,5 8 7 2 53 ,79 4 U n ited S ta tes e x p o r ts t o - d a y .. 2 4 ,0 0 0 19,308 10,1 00 19,0 00 T otal v is ib le s u p p ly ............. 3 ,2 7 4 ,2 7 1 3 ,0 3 0 ,0 8 5 2 ,9 8 1 ,8 4 9 3 ,3 8 9 ,8 6 6 O ttne a no ve. the totals of Am erican and oth er description s are as folio v s American — L iv e r p o o l s t o c k .. . . . . . . ..b a l e s C on tin en tal s t o c k s .. . . . . . . . . . . A m erica n a floa t fo r E u r o p e ... U n ited S tates s t o c k ..................... U n ited S tates In te rio r s t o o k s .. U n ited StateB e x p o r t s t o - d a y .. 6 8 0 ,0 0 0 4 7 9 ,0 0 0 6 4 3 ,0 0 0 618 ,00 0 2 4 0 ,0 0 0 2 3 9 ,0 0 0 2 7 2 ,0 0 0 3 0 4 ,0C0 6 1 9 ,0 0 0 4 1 8 ,0 0 0 4 7 4 ,0 0 0 5 13 ,00 0 9 2 2 ,6 4 3 1 ,0 6 3 ,6 8 0 8 6 9 ,0 6 2 1 ,0 4 3,77 2 3 0 2 ,1 2 8 4 3 6 ,6 9 7 2 5 5 ,5 8 7 2 5 3 ,7 9 4 2 4 ,0 0 0 1 9 ,3 0 8 1 0 ,1 0 0 19,0 00 T o ta l A m e r ic a n .....................2 ,7 8 7 ,7 7 1 2 ,6 5 5 ,6 8 5 2 ,5 2 3 ,7 4 9 2 ,7 5 1 ,5 6 6 M att I n d ia n , B r a z il, A c.— L iv e r p o o l s t o c k ........................... 1 9 7 ,0 0 0 1 5 7 ,0 0 0 2 1 7 ,0 0 0 248,000 L on d on s to c k ................................. 1 2 ,0 00 1 7 ,0 0 0 3 7 ,0 0 0 60,000 C on tin en tal s t o o k s . . . . . . . . . . . . . 9 9 ,5 0 0 6 5 ,4 0 0 1 0 4 ,1 0 0 8 8 ,3 0 0 In d ia a floa t fo r E u r o p e . . . . . . . . 1 4 7 ,0 0 0 1 0 4 ,0 0 0 5 4 ,0 0 0 185 ,00 0 E g y p t , B ra zil, A o ., a f l o a t . . . . . . 3 1 ,0 0 0 3 1 ,0 0 0 4 6 ,0 0 0 57,000 te t-------------------- »------------------------------------------------3 7 4 ,4 0 0 4 5 8 ,1 0 0 6 3 8 ,3 0 0 M ; T o ta l E a s t I n d ia , A o ........... 4 8 6 ,5 0 0 r , r~ T o ta l A m erica n ..................... 2 ,7 8 7,77 1 2 ,6 5 5 ,6 8 5 2 .5 2 3 ,7 4 9 2 ,7 5 1 ,5 6 6 T o ta l vis ib le s u p p ly ............3 ,2 7 4 ,2 7 1 3 ,0 3 0 ,0 8 5 2 ,9 8 1 ,8 4 9 3 ,3 8 9 .8 6 6 P rice M id, U p l., L i v e r p o o l . ... 6 *sd. 4 i o 1 6 d. 6 d. 5T sd. P rice M id. U p l„ N ew Y o r k . . . . 9**c. 93i«o. 11*80. lo 4 e . t y The imports into Continental ports this week have beep 74,000 bales. The above figures indicate an increase in the cotton in sight to-night of 244,186 bales as compared with the same date of 1886. an increase of 292,422 bales as compared with the corres ponding date of 1885 and a decrease of 115,595 bales as compared with 1884. A t t h e I n t e r i o r T o w n s the movement—that is the receipts foi the week and since Sept. 1, the shipments for the week, and the stocks to-night, and the same items for the corresponding period of 1885-86—is set out in detail in the following statement. IT 1 1 V B zi a > O ® O W (► M O © ® ü öi 2 2 2 Ö> • o g W -.o ’trS p g o C g- a HH* « ?© © Im D O H H ►W<53BS ? ©• Q li a < ■ p # p H®« » • Os* : »w; • ® » p » . P p , rr\ ; • « O O• 0 . p . I BB 0 , . • IO' XtOCHrf* CO «-4 OC ZJ> Ol ^QDvitdO ÛDX M on ^ a co co x ^ ^ a < iN 3 < i»—a o w co c ^ M c*O W x»-h-co^ 4o;c;<ü io<jc:^ v4M co^ A CW© 10 ^ l© ;v | X © X © w a o V o co<i c to o Ico «q » - —C © O ©©X-JQCHCö < boto 00 * CO O £ OD O 09f* <10 » 01 OD M M m V © cs m a cs ä oo 0 0 0 )0 0 0 0 * oo < c O a; ‘ 1d ' 03Ol (0 © 0910 • s ? 0)M0)t9 09COM oooooeoao V IO W ^ Q O O Û003 M 09 0909 ^ m k d S* £ *■cbm io co X © '© m co a © o © cu © a * 0)QOv|tCQDO;^MOiQDO)©i»kWCO^'Cvj •*ocHacii<jo9©©cjnoai^o9^a©cHfco©^ cu QOM^HMIOM i IO O C M IO©IOCHi*MCOtO©© r-SR HS 00 Ä a 8s lis i (S S 3 Jt1 3 !» ____ Ç M ^Jt 09 00 Ç A C»© h jt »J * cn c co7-*îu ao a oo co a : ^ ^ wod^ cckiö h tono^JO-vif-‘ Cj»o ©M©Maco^ioL*M09s iP © cn o» co oc m © » k -M o IO m Sm S ì it-S lì K IOCHO M C U ) J>O h . © <103 © 03 CH 00 © 0 0 C J iX lO X X M ifik C O tO C O © * * <1 © GO CH M © co © to M rfu H* to'Jo l o co a . o o © ^ ix © i^ w © 0 9 t o © © a a © M © © a X X tOift A^ M X 09 tfl ? rf^coAoto^©awrf^>-j »ii.©co©io chc x 1 h CO1 b0CHI0O09tU*s|^©Ma03lO©l0M^©A t^OCH^CH©© © j W © 0 )© 0 t0 9 N )f-O ^ a X W ^ H 0 )C Q ® 00 ^ 1 0: 00 x 00 ^ to M X 09 09 IO * a I CRHHÿsJ^i *09 <1 M 09C C 09a 00; OH MX-Oi^©iOeoyi©rf^« © * ch© a ^ c; © c/« © ! — ^ tf* © M © i* © a ^ x . M|OOifrCOO)®- , l a lo a ©'c»'m »o co co i • © j ©©co©^-oicoi-* ' co ch-^ © © ^ pi ifh I . The above totals show that the old interior stocks ha^ decreased during the week 11,143 bales and are to-night 134,51 bales less than at the same period last year. The receipts t the same towns have been 7,047 bales more than the san week last year, and since September 1 the receipts at all tl towns are 69,883 bales more than for the same time in 1885-8 Q u o t a t i o n s f o r M id d l i n g C o t t o n a t O t h e r M a r k e t s .- In the table below we give the closing quotations of middlir cotton at Southern and other principal cotton markets for eac day of the past wees, CLOSING Q U O TATIO N S F O R M ID D L IN G CO TTO N ON— B atur. T u et. M on. 9 8*8 9 9 1lß 9*8 9»16 8'®16 8*8 8*8 9 9*8 8*8 914 »»is 9% 9% 9 1 ® 9 38 9*4 « 9 % 4 96r 9=8 81*18 g » !6 9 9 81*1« 81*16 9*8 9*8 9 9 61318 8*8 8*8 9 9*8 8*8 9*16 9% 9*4 9*8 8*8 8*8 9*8 9 Wed ile». T h u rt. 81316 8*8 8*8 9 9*8 918 9*4 813,e &7Q 9 91« 9*8 914 9*4 9*8 8 * 8 * ,5 16 8*8 8*8 9*8 9 »*8 9*4 9*8 81*18 8*8 8*8 9*8 9 F ri. 813,. 8*8 815,. 9 18 9*8 9*8 9*4 95g 9*4 6*8 8*8 8*8 9*8 9 R e c e i p t s f r o m t h e P l a n t a t io n s . —The following table indicates the actual movement each week from the plan tations. The figures do not include overland receipts nor Southern consumption; they are simply a statement of the weekly movement from the plantations of that part of the crop which finally reaches the market through the outports. Week Ending— Dec. Jan. “ “ “ Feb. SI........ 7....... 14........ 21........ 28........ 4 ........ Receipts at the Porte. \SVk at Interior Towns. Rec'pU from Plant ru ------ -------------------------1884-85 1885-86j1886-8711884-85 1885-8611886-67 1884-S5 1885-66jl8Se-87 154,0751189,S52|236,018:349,488 543,557 443,565 140,043 212,090 240,649 133,094 140,82» 159,044 ¡820,785 526.561 423,252 105,201 123,833 138,781 130,951 108,488 142,915 304,359 513,993 889,745 110,025 05,920 109,408 93,911 110,810| 155,8841208,080 493,250 330,428 87.132 89,507 132,567 75,295 134,804 132,531 280,878 476,342 851,361 58,087 117,898^17,404 89.785!122,418'l30,753-271,790 469,013338,612 80.703 115,089110,004 The above statement shows—1. That the total receipts from the plantations since September 1, 1886, were 4,774,934 bales; in 1885-86 were 4,688,827 bales; in 1884-85 were 4,471,852 bales. 2. That, although the receipts at the outports the past week were 130,753 bales, the actual movement from plantations was only 116,004 bales, the balance being taken from the stocks at the interior towns. Last year the receipts from the plantations for the same week were 115,089 bales and for 1885 they were 80,703 bales. A m o u n t o f C o t t o n i n S i g h t F e b . 4.—In the table below we give the receipts from plantations in another form, and add to them the net overland movement to Feb. 1, and also the takings by Southern spinners to the same date, so as to give substantially the amount of cotton now in sight. 1886-87. 188 5 -8 6. 188 4 -8 5. 1883-84. R eceip ts a t th e p o rts to F eb. 4 . 4 ,4 8 6 ,3 8 2 4 ,2 3 5 ,6 6 4 4,2 1 6,77 7 4,092,797 In te rio r s to c k s on F eb . 4 In 2 88 ,55 2 e x c e s s o f S e p te m b e r 1 ............ 4 5 3 ,1 6 3 2 5 4 ,5 7 5 233,319 T o ta l in s ig h t F eb . 4 ............... 5 ,5 5 2,15 4 5 ,4 1 2 ,0 2 6 5 ,0 5 7 ,8 3 0 4,920,787 M a> co ® MCOtOÖ-J If. cc o C 3! -J cs S MHtnOQDOl^ - 0) £» T O © ao 35 C) OD » J CCO MIO jU CI , J MQQMH MIO ^1V O'lo io tCC V lo H C tOr*^ a HUM P O x©M©©co«sjCH,»JcnrotQ©©iPk©xo«© CH«slC*5©i^CHMtOXCHCH©W©©©CHC*if^ 09 a 09 J3 CH f - 03 2LIV, N orth ern s p in n e rs’ ta k in g s to to - In s i t o C D tO O O co io cnco * C to 00 C C O O OO l © © to x co © to CHX^s-CCtOCO Q Ü ®^Ü«WM D1 a QUO ^ © M ol. T o t. re c e ip ts fro m p la n ta ’tne 4 ,7 7 4,93 4 4 ,6 8 9,82 7 4 ,4 7 1 ,3 5 2 4,326,116 N e t ov e rla n d to F eb. 1 ........... 5 83 ,22 0 5 5 9 ,1 9 9 444,671 4 4 2 ,4 7 8 S ou th ern o o n s u m p t’n to F e b . 1 1 94 ,00 0 164 ,00 0 150,000 1 4 4 ,0 0 0 lg S S .S l-4 © , : [V 1.189.1ÌV7 1.91 K Q*A q ^ q Arra 1 AiQ Q91 * • * ______ !____* I t w ill b e seen b y th e a b o v e th a t th e in cre a se in a m o u n t In sight to-n igh t, as co m p a re d w ith la st y e a r, is 150,128 b ales, th e increase as co m p a re d w ith 1884-85 is 4 9 4 ,3 2 4 b ales a n d t h e in cr e a s e over 188 3 -8 4 is 6 3 1 ,3 6 7 bales. W e a t h e r R e p o r t s b y T e l e g r a p h .— The weather has been rather springlike in the greater portion of the South during the week, with rain general and in some localities quite heavy. The mild weather has been favorable to far mers, who in a few instances are breaking ground for the next crop. Galveston, Texas.—We have had ram on two days of the week, the rainfall reaching ssxteen hundredths of an inch. The thermometer has averaged 61, ranging from 49 to 70. During January the rainfall reached eighty-four hundredths of an inch. Palestine, Texas.—It has rained on two days of the weeb^ the rainfall reaching nineteen hundredths of an inch. The thermometer has ranged from 25 to 73, averaging 54, During the month of January the rainfall reached thirty-five hun dredth of an inch. New Orleans, Louisiana.—We have had rain on one day of the week, the rainfall reaching two hundredths of an inch. The thermometer has averaged 68. Shreveport, Louisiana.—Rainfall for the week two inches. Average thermometer 60, highest 77 and lowest 32. Columbus, Mississippi.—It has rained on three days of the week, the rainfall reaching one inch and forty-two hundredths. The thermometer has averaged 52, ranging from 30 to 72. During Jafiuary the rainfall reached three inches and twelve hundredths. Leland, Mississippi.—We have had rain on three days of the week, the rainfall reaching two inches and thirty-nine hundredths. The thermometer has ranged from 33 to 76, averaging 60’3. Greenville, Mississippi.—About all the crop has now been secured, and ninety per cent of it marketed. It has rained on two days of the week, the rainfall reaching one inch and eighty-eight hundredths. Planters are breaking ground. The thermometer has ranged from 35 to 77. Clarksdale, Mississippi,—Telegram not received, February 5, 1887. J 189 THE OHRONlCLb, BOMBAY RECEIPTS AND SHIPMENTS POH POUR YEARS. Meridian, Mississippi.—Telegram not received. Vicksburg, Mississippi.—It has been showery on two days R eceipts. S hipm ents Since J a n . 1. Shipm ents th is w eek of the week, the rainfall reaching one inch and twenty-eight This O ontiG reat Fear G reat O ontihundredths The thermometer has ranged from 41 to 80, T ea r. Total. W eek. B rit’n. n en t. T otal. B rita in n e n t. averaging 66. .18.000 82.00C 100,000 43,000 209,000 Gloster, Mississippi.—It has rained on one day of the week, 1887 1 . 0 0 0 16.000 17.000 88,000 38,000 178.000 71,000 7,000 the rainfall reaching one inch and ten hundredths. Average 1886 4,000 29,000 36,000 r 17,000 51,000 66,000 26,000 111,000 14.000 18.000 15,000 1885 thermometer 53, highest 80 and lowest 43. ^ During the month 1884 21,000|11,000)32,000 74.000 83,000 157,000 34,000 227,000 of January the rainfall reached three inches and eleven hundredths. According to the foregoing, Bombay appears to snow an Helena, Arkansas.—We have had rain on five days of the week, the rainfall reaching three inches and sixteen hun increase compared with last year in the week’s receipts of dredths. Most of the week the weather has been springlike, 5,000 bales, and a decrease in shipments of 19,000 bales , and but sleet is falling this morning. About all the crop has now the shipments since Jan. 1 show an increase of 12,000 bales. been secured. Average thermometer 49, highest 76 and low The movement at Calcutta, Madras and other India ports for est 28. January rainfall five inches and seventy-one hun the last reported week and since the 1st of January, for two dredths. Memphis, Tennessee.—We have had rain on four days of years, has been as follows. “ Other ports” cover Ceylonf the week, the rainfall reaching four inche3 and forty-seven Tuticorin, Kurrachee and Coconada, hundredths. Snow and sleet this morning. Average ther Shipm ents sin ce J a n u a r y 1. S hipm ents f o r the w eek . mometer 50, highest 74 and lowest 28. During the month of January we had rain on eight days, the rainfall reaching Great C o n ti G reat Total. Total. five inches. The thermometer averaged 40, ranging from 4 B rita in . C ontinent. B rita in . n e n t. to 72. Calcutta— Nashville, Tennessee.—It has rained on five days of the 12,000 2,000 10,000 2,000 2,000 1887......... week, the rainfall reaching four inches and forty-five hun 4,000 12,000 8,000 2,000 1,000 1,000 1886......... dredths. The thermometer has ranged from 28 to 71, averag M a d ras2,000 2,000 1887......... ing 50. Rainfall for January three inches aud thirty-five hun 1,000 1,000 i a «« dredths. All others— Mobile, Alabama.—It has been showery on every day of 13,000 9,000 4.000 4.000 4.000 1887......... 2.000 12,500 10,500 3.000 3.000 the week, the rainfall reaching ninety-seven hundredth of an 1886......... inch. The thermometer has averaged 60, the highest being 69 Total a l l and the lowest 43. Rainfall for month of January two inches 27,COO 21,000 6,000 6,000 6,000 1887......... 6,000 19,500 2f,50O 5,000 1,000 4,000 1886......... and ninety hundredths. Montgomery, Alabama.—It has rained on two days and the The above totals for the week show that the movement from remainder of the week has been cloudy and warm. The rain fall reached one inch and forty hundredths. The thermome the ports other than Bombay is 1,000 bales more than sama ter has averaged 61, ranging from 40 to 74. January rainfall week last year. For the whole of India, therefore, the tctaj five inches and eighty hundredths. shipments since January 1, 1887, and for the corresponding Selma, Alabama.—It has rained on one day of the week, the rainfall reaching forty-five hundredths of an anch. Aver periods of the two previous years, are as follows: age thermometer 61, highest 71 and lowest 43. During the EXPORTS TO EUROPE PROM ALL INDIA. month of January the rainfall reached three inches and sixty 1886. 1885. 1887. hundredths. Shipm ents Auburn, Alabama.—The weather has been warm and very to alt E u rop e S in ce This T h is S in ce S in c e T h is w eek . Jan. 1. w eek . J a n . 1. J a n . 1. w eek . fro m — favorable for farmers during the week. It has been showery on two days, the rainfall reaching ninety-five hundredths of 88,000 18,000 66,000 17,000 100.000 36,000 an inch. The thermometer has averaged 57’9, the highest All other ports. 6,000 4,900 5,000 25,500 19,500 27,000 being 71 and the lowest 37‘5, 85,500 T o t a l.......... 23,000 127,000 41,000 113,500 22,900 Birmingham, Alabama.—There has been rain on one day and the remainder of the week cloudy and warm. A l e x a n d r i a R e c e i p t s a n d S h i p m e n t s . — Through arrange Madison, Florida.—We have had rain on two days of the ments we have made with Messrs. Davies, Benachi & Co., of week, the rainfall reaching forty-three hundredths of an inch. Liverpool and Alexandria, we now receive a weekly cable o f Average thermometer 55, highest 88 and lowest 40. the movements of cotton at Alexandria, Egypt. The following Macon, Georgia.—It has rained on one day, the remainder are the receipts and shipments for the past week and for the of the week being pleasant. corresponding week of tne previous two years. Columbus, Georgia.—We have had rain on two days ©f the week, the rainfall reaching eighty-five hundredths of an inch. A lc ta n d m a , E g y p t, 1884-85. 1885-86. 1886-87. Feb. 2. The thermometer has averaged 58, the highest being 65 and the lowest 44. Rainfall for the month of January six inches Receipts (cantars*)— 110,000 65,000 80,000 and seventy hundredths. ThiB w e e k .... 2,868,000 2,493,000 2,517,000 Since Sept. 1 Savannah, Georgia.—It has rained on three days, and the remainder of the week pleasant. The rainfull reached fiftyT h is S ine* S in c e T h is S in c e T h is w e ek . S ep t. 1. w e ek . S ep t. 1. w eek . Sept. 1. one hundredths of an inch. The thermometer has ranged from 37 to 77. (bales)— Augusta, Georgia.—The early part of the week was clear Exports e r p o o l ...... . . . 5.000 194,000 6.000 174,000 10,000 239.000 To L i v and pleasant, but during the latter portion there has been rain T o C on tin e n t. . . . — 6.000 97,000 4,000 99,000 5,000 101.000 on three days. The rainfall reached one inch and sixteen T otal E u rope......... 11,000 291,000 10,000 273,000 15,000 310,000 hundredths. Average thermometer 56, highest 77 and lowest 82. During the month of January the rainfall reached three * A oantar Is 98 lbs. inches and eighty-seven hundredths. This statement shows that the receipts for the week ending Albany, Georgia.—Telegram not received. Feb. 2 were 80,000 cantars, and the shipments to all Europe Charleston, South Carolina.—It has rained on five days of 11,000 bales. the week, the rainfall reaohing sixty-five hundredths of an inch. The thermometer has averageid 57, ranging from 41 to M a n c h e s t e r M a r k e t . —Our report received by cable to-night 75. Rainfall for January four inches and thirty hundredths. from Manchester states that the market for yarns is flat, Stateburg, South Carolina.—It has rained on one day, the but that shirtings are steady. We give the prices for to-day remainder of the week being for the most part cloudy or below, and leave those for previous weeks of this and last ________________________ foggy. The rainfall reached fifty-four hundredths of an inch. year for comparison: The thermometer has averaged 58-1, the highest being 74 and 1885-86. 1886-37. the lowest 88. Rainfall for the mouth of January three inches OotVn OotVn and fifty hundredths. 8% lbs. 8% lbs. 82* Cop'. M id , Mid. 32* Cop. lutiti. Shirtings. Wilson, North Carolina.—We have had rain on two days Shirtings. Twist'. Upldt Upldt of the week, the rainfall reaching eighty hundredths of an d. d. Í. d. B. d. a. d. d. d. 8. d . s. d. inch. The thermometer has averaged 53, ranging from 27 ' 5% 7°8 98% 5 8 9 7 1% 5*1« Deo. 3 75,3—7151Ä 5 8 9 6 8 to 70. 7% 97 1 5 5% 7% 9 8 $ l l« « 10 73g 98 5 8 96 9 5 5% 73s 97% 5 7% 97 1 5 8 96 9 The following statement we have also received by telegraph, “ 17 738 ®S 5 5% 7% 97% h 7% 97 1 « 24 5 8 ®6 10 showing the height of the rivers at the points named at 3 o’clock « 31 4i6ia 5% 7% 9 7 % 5 7% 97 1 5 8 9 6 10 5 Feb. 3, 1887, and Feb. 4, 1886. 5 8 9 6 10 55,8 7*a '©711iß 5 7% 97 1 Feb. 3, ’ 87. New O rle a n s.... M e m p h is ......... N a s h v ille ........ S h r e v e p o r t...... ____Above low-water m ark. V ic k s b u r g ....... Feb. 4, >86. Feet. Inch. 4 5 4 27 8 38 5 0 2 23 Feet. 8 19 13 13 27 Inch. 7 2 6 3 4 « 14 « 21 7 1 i'''® 7 78 “ 23 7% ®778 Feb. 4 7*8 9 7 % 5 5 5 5 9% 96 9%®6 9%®6 9%®6 10% 5% 10% 5316 10% 1 53ie 10% 1 5% 'U6 9 7 % 7l ia 97% 7 7 5 7% 97 1 5 7 % 97 1 5 7% 97 Hl ®7»16 5 7% 97 1 1 $ l ia 5 415ia O v e r l a n d M o v e m e n t , & c ., t o F e b r u a r y 1. — In our editorial columns to-day will be found our regular statement of overland movement, receipt, exports, spinners’ takings; &c., brought down to February 1. I n d i a C o t t o n M o v e m e n t f r o m a l l P o r t s . —The receipts E a s t I n d i a C r o p .— From the Bombay Company’s (Limited) and shipments of cotton at Bombay have been as follows for cotton report, dated Bombay, Dec, 31, we have the folio wing^ the week and year, bringing the figures down, to Feb, 3, THE CHRONICLE 190 R e ce ip ts con tin u e to b e m u cb in e x c e ss o f la st y e a r, a n d th e la r g e a r r iv a ls fro m th e O om ra w u ttee d istricts are e s p e c ia lly n otice a b le . B enga ls, w h ich h a v e been a rriv in g fre e ly , m eet w ith b u t little dem an d , a n d stock s a re a ccu m u la tin g. T h e q u a lity o f re c e n t a rriv a ls is n o t satis fa c t o r y , a n d sh o w a co n sid e ra b le q u a n tity o f sta in . A lth o u g h th e w e a th e r has b een c lo u d y o f la te, n o ra in ha s fa lle n sin ce o u r la st a d v ic e s , an d th e d a m a g e d o n e to th e cr o p b y th e r e c e n t d o w n fa ll w ill, it Is th ou g h t, n o t b e so se rio u s as w a s at first a n ticip a ted . P ick in g in th e B era s is p ro ce e d in g a p ace, a n d un less u n fa v ora b le w ea th e r in terv en es, th e p ro s p e cts o f th e c r o p In gen era l are g o o d , a n d th e ou ttu rn p rom ises t o b e la rge. F rom th e B b o w n u g g e r d istricts it is rep o rte d th a t th e cr o p s h a v e suffered fro m th e re c e n t c lo u d y w ea th er. In G u zerat th e B ro a ch p lan ts a re n o w in flow er, b u t still w a n t b rig h t, co ld w e a th e r in th e d a y tim e a n d p le n tifu l d ew s a t n ig h t fo r t h e p ro p e r d e v e lo p m e n t o f t h e bolls. The following is from Messrs. Gaddum, By the! 1 & Co.’s circular of like date: O w in g t o th e C hristm as h o lid a y s in E u rop e, o om b in ed w ith in te rru p ' tio n o f th e teleg ra p h w ires, fe w teleg ra m s h a v e b een co m in g th rou gh d u rin g th e p a st w eek , an d th e b u sin ess tra n s a c te d h ere rea ch es a v e r y sm a ll tota l. H old ers, h o w e v e r, c o n tin u e firm , an d p rioes o f m o st d e s crip tio n s o f c o tto n are a b ou t 2 r p e r ca n d y h ig h e r than w h en w e la st w rote. R e ce ip ts o f co tto n a t this p o rt a re o n a fa irly liberal s ca le fo r Ib is tim e o f th e y e a r, b u t, n otw ith s ta n d in g th is fa ct, th e o n ly kin d o f c o tto n o f w h ich there is a n y s tock h ere is B en ga ls, n ea rly a ll th e O om ra th a t com es in b e in g a t o n c e tak en u p b y th e lo c a l m ills, if n o t w a n te d f o r e x p o r t. T he s to c k o f c o tto n h eld b y th e m ills is said to he v e r y sm all, an d th e m ills w ill th e re fo re p ro b a b ly con tin u e to keep in th e m ar k e t and sustain p rice s u n til su p p lies Increase m a teria lly. T h e q u a n tity o f c o t t o n req u ired b y th e lo c a l m ills is n o w an im p o rta n t fa c t o r in th e B o m b a y co tto n tra d e, a n d e x p o r te r s fe e l m ore k e e n ly eve ry y e a r th e co m p e titio n o f th ese m ills in b u y in g co tto n . W e h a v e n o ch a n g e to re p o rt reg a rd in g th e crops. In th e O om ra upc o u n t r y m arkets su p p lies a re in crea sin g g ra d u a lly , b u t p rices ru le as h ig h as e v e r, a n d a re a lm ost ou t o f re a ch co m p a re d w ith h om e values. T h e D h ollera , B roa ch , a n d oth er g r o w in g cropB, con tin u e to m ak e satis fa c t o r y prog ress. J ute B utts, B agging, &o.—1 here has been only a moderate T [Voi* XLiy. N e w Y o r k —T o L iv e r p o o l, p e r steam ers G allia, 8 8 3 ....W y o m in g , 1 ,2 5 8 ................................................................................................ T o H a v re , p e r stea m er L a B o u rg o g n e , 3 1 0 .................................. T o B rem en , p e r stea m er S aale, 9 0 0 ................................................ * T o A n tw erp , p e r stea m er P en n la n d , 3 5 2 ................................ 0 5 0 T o G otten b u rg , p e r stea m er S alern o, 7 9 4 ................................ T o B a rce lo n a , p e r steam er C artagen a, 1 0 0 .................................* N e w O r l e a n s —T o L ive rp o o l, p e r steam ers A m e r ic a n , 3 , 1 0 0 . ... E sp a n ol, 2 , 6 0 0 . . . . E u rop ea n , 6 , 0 4 9 . . . . G u id o, 5 ,7 0 0 ...* . S tatesm an, 3 ,0 4 5 ................................................................................. T o H a vre , p e r stea m er E fficien t, 3 ,8 8 4 ___p e r b a r k Sarah, 3 , 8 5 0 . . . . — ............................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . T o B rem en , p e r steam er E lm fie ld , 5 ,2 7 6 ....................................... T o A n tw e rp , p e r stea m er P rin z F rie d rich K a il, 2 ,1 0 0 ............. T o B a rce lo n a , p e r b a rk J o s e fa F orm osa, 9 0 0 ................................ T o G en oa, p e r steam er In iz ia tiv a , 4 ,1 6 1 ........................................ M o b il e —T o L iv erp ool, p e r steam er H eliad es, 7 ,5 0 1 ........................ S a v a n n a h —T o L iv e rp o o l, p e r steam er N o rfo lk , 5 ,6 0 0 .. . . p e r b ark s F e lix M en delssoh n, 2 , 7 9 6 . . . . M ercia, 2 , 3 5 3 ................. T o H a v re , p e r b ark K a rin , 1 ,2 0 1 ................. ......... .......................... T o B rem en , p e r stea m er E lsie. 6 ,7 7 0 ..................................... .. T o A n tw e rp , p e r stea m er M arion , 5 ,7 6 2 .............................. . T o B arcelon a , p e r steam ers C oron illa, 3 ,9 2 2 .-... J. M . L o ck w o o d , 4 ,6 5 0 .................................................................................... C h a r l e s t o n —T o B rem en, p e r stea m er C osm o p o lita n , 3 ,7 0 0 ........ T o B a rce lo n a , p e r b ark C atalin a, 1 ,5 0 0 ................................ G a l v e s t o n —T o L iv e r p o o l, p e r steam ers B o sto n C ity, 5 ,9 2 8 . . . . F a irfie ld , 5 ,0 4 2 ___ V icto ria , 5 ,5 6 7 .. . . p e r b arks H e rb e rt, 4 ,1 9 0 ___R o m a . 1 ,9 5 5 ....................................................................... T o H a v re , p e r b rig A lp h o n sin e , 7 5 1 ................................................ W il m in g t o n —T o L iv erp ool, p e r steam ers B e e ch v ille , 4 ,8 0 4 . ... R osev ille. 4 ,8 4 9 ........................................ N o r f o l k —T o L iv erp ool, p e r steam ers F lo re n c e , 5 ,3 3 2 ___ H u g o , 5 ,9 3 0 ___ P o rt A d ela id e, 8 .2 9 9 .. . . p e r sh ip S enator, 5 ,4 1 7 .. N e w p o r t N e w s —T o L iv e rp o o l, p e r stea m er D u k e o f B u ck in g ham , 7 ,5 4 9 ...................... ...................................................................... B a l t im o r e —T o L iv e rp o o l, p e r steam er M en tm ore, 1 ,3 1 1 ........... T o L o n d o n , p e r steam er T o le d o , 1 .................................................... T o B rem en , p e r stea m er R h ein , 8 6 8 ................................................. T o R o tte rd a m , p e r steam ers C erd io, 4 7 2 ___ P era, 155 ............ B o st o n —T o L iv e rp o o l, p er steam ers K a n sa s, 2 ,0 0 6 . ...S a m a ria , __ 6 9 4 ............................................................................................................. P h i l a d e l p h i a —T o L iv e rp o o l, p e r steam er B ritish K in g , 1 ,5 1 9 . T o A n tw e rp , p er stea m er S w itzerla n d , 7 1 9 ................................. » *** 2 14 1 ’ o ti* «nX w 20 4 9 1 ’ * 7 70 . 5 27« 2 10 0 ’ qqq 4 7 501 * in 7 4 0 1201 6*770 5*762 ’ g 572 3 70 0 l ’sno ’ __ SS 22 682 ’75 4 9,653 2 4 978 ’ 7 <549 1 3 1 1 ’ 4 ggg 627 trade in bagging and the market is quiet. Prices are easy and 2,600 sellers are quoting 0@6^c. for 1% lb., 63^@6%c. for lb., 1,519 7@7^c. for 2 lb. and 7%@8c. for standard grades. Butts are '7 1 9 doing better and trade is increasing. Prices are firm at 1%@ l % o ; for paper grades and 2@2J^c. for bagging qualities. The Total. 164,275 stock on spot is 24,909 bales, which with 169,472 bales on the The particulars of these shipments, arranged in our usual way give a visible supply of 194,881 bales, against 250,650 bales last year. Sales are reported of 5,000 bales within the form, are as follows: R otterd a m , range of l*70@2c., mostly to arrive. A n tw erp Comparative P ort R eceipts and Da ily Crop Movement. -— comparison of the port movement by weeks is not accurate, A as the weeks in different years do not end on the same day oi the month. We have consequently added to our other standing tables a daily and monthly statement, that the reader maj constantly have before him the data for seeing the exact relative movement for the years named. The movement since September 1, 1886, and in previous years, has been as follows. M on th ly B eeeip tt. T ea r B e g in n in g S ep tem b er 188 6 . 1885. 1884. 188 3 . 1 . 188 2 . 3 59 ,20 3 3 8 5 ,6 4 2 3 4 5 ,4 4 5 3 4 3 ,8 1 2 B ept’m b ’ ) 3 2 6 ,6 5 6 O c to b e r .. 1,0 3 4,45 0 1 ,0 5 5 ,5 2 4 1 ,0 9 0,38 5 1 ,0 4 6,09 2 9 8 0 ,5 8 4 M ov em b ’r 1 ,1 9 7,25 9 1 ,0 8 3,55 2 1 ,1 2 2,16 4 1 ,0 3 0,38 0 1 ,0 9 4 ,6 9 7 D e oem b ’ r 1 ,1 6 4,88 6 1 ,0 6 9 ,9 2 0 1,1 0 4,21 1 1 ,0 5 9,65 3 1 ,1 1 2,53 6 J a n u a ry . 6 44 ,68 1 5 1 3 ,3 9 3 475 ,75 7 4 8 7 ,7 2 9 7 52 ,82 7 1 88 1 . 4 2 9 ,7 7 7 8 5 3 ,1 9 5 9 7 4 ,0 4 3 9 9 6 ,8 0 7 4 8 7 ,7 2 7 T o t a l........ 4 ,4 0 0 ,4 7 9 4 ,1 3 8,03 1 4 ,1 3 7 ,9 6 2 3 ,9 6 7 ,6 6 6 4 ,2 6 7 ,3 0 0 3 ,7 4 1 ,5 4 9 P e r o ’ ta g e o f tot. p o rt r e o e ip ts Jan . 3 1 . . 76*68 86*64 81*80 70*89 79*27 T he E xports of Cotton from New York this week show a decrease compared with last week, the total reaching 4,597 bales, against 15,398 bales last week. Below we give our usual table, showing the exports of cotton from New York, and their direction, for each of the last four weeks; also the total exports and directions since September 1, 1885, and in the last column the total for the same period of the previous year. E xports op Cotton ( ba l e s) prom n e w Y ork s in c e W eek e n d in g E x p o r te d to— Ja n . 13. Jan. 1 Jan. 20 . 27. Feb. 3. S e p t . 1 ,1 8 8 6 . S am e T o ta l p e r io d e in c e p r e v i’ue Sept. 1. y ea r. L iv e rB rem - a n d B a reevool. H avre, en. Oottenb. Iona. Genoa. N ew Y o r k ............... 2 ,141 310 900 1 ,1 4 6 1 0 0 ............ N. O rle a n s ............... 2 0 ,4 9 4 7 ,7 3 4 5 ,2 7 6 2 ,1 0 0 9 0 0 4 ,1 6 1 M o b ile ....................... 7 ,5 0 1 ........................................................... .. Savannah................. 10,7 49 1,201 6 ,7 7 0 5 ,7 6 2 8 ,5 7 2 ! . . . . . C harleston............................................. 3 ,7 0 0 .......... 1 ,5 0 0 . . . . w a lv e s t o n ............... 2 2 ,6 8 2 7 51 ...................................................... W ilm in g to n ............ 9 ,6 5 3 ................................................. N o rfo lk ..................... 2 4 ,0 7 8 ........................ "***£ N ew p ort N ew s . . . . 7 ,5 4 9 ...................... . . . . . . . . . . . . . !*.*!* B a lt im o r e ............... 1,3 1 2 868 *627 ! ! ! ” ! B o s to n ............... . . . . 2 ,6 0 0 ..................................................................... P h iladel’ia ............... 1 ,5 1 9 ........................ * 7 1 9 ” 1"3Z T o ta l...................111 ,17 8 9 ,9 9 6 17,5 14 1 0 ,3 5 4 1 1 ,0 7 2 Total. 4,597 40,665 7,501 33,054 5,200 23,433 9,653 24,978 7,549 2,807 2,600 2,238 4 ,1 6 1 164,275 Below we add the clearances this week of vessels carrying ootton from United States ports, bringing data down to the latest dates: JNEW ORLEANS — r Or L iv e r p o o l— j a n . z a — ste a m e rs B uenaven tu ra 4 ,1 2 0 ; C atalan, 3 ,2 0 0 ; Ship J o se p h , 5 ,4 6 3 ___ Jan. 3 1 —Ship Nettie M u rp h y , 4,6 6 3. F o r H a v r e - J a n . 2 8 —Ship A lg o n ia , 4 ,4 1 1 ___ Jan . 2 9 —Steam er N antes, 8,3 1 8. F o r B rem en—Jan. 2 8 —S team er C apu let, 6 ,3 0 0 ___ F eb. 2 —Steam er R o m e o , 6 ,4 1 6. F o r S e b a s t o p o l-F e b . 1 - S t e a m e r O akd ene, 4 ,1 0 0 . Sa v a n n a h — F o r H a v re —F e b . 1—B rig Iris, 2,4 0 1. C h a r l e s t o n —F o r L iv e rp o o l—F eb. 2 —B ark S agona, 2 ,2 6 4. W il m in g t o n —F o r D u n k ir k -J a n . 2 9 - B a r k S oli D e o G loria , 1 ,6 5 0. N o r f o l k —F o r L iv e r p o o l—J an . 2 9 -S t e a m e r St. G e o rg e , 3 ,9 9 0 ___ Feb. 1 - S t e a m e r C aldera, 5 ,8 4 4 ....F e b . 3 —S h ip V a n a d is, 3 ,7 0 7 . BOSTON—F o r L iv e rp o o l—Jan . 2 5 —S team er V irg in ia n , 1 , 5 2 6 . . . . Jan . 26 —S tea m er P alestin e. 1 ,6 5 8 ....J a n . 2 8 —S tea m er C ata lon ia, 4 6 5 . . . . J a n . 2 9 —Steam er B ulga ria n , 1 ,979. B a l t im o r e —F o r L iv e r p o o l—Jan . 28—S team ers B a ltim o re , 3 ,2 0 8 ; Car th a gin ia n , 1 ,6 4 7 — Feb. 1—S tea m er N essm ore, 2 ,0 5 2. F o r A n tw e rp —Jan . 2 6 —S team er A la sk a , 5 8 1 ... .F e b . 1—Steam er C hilian, 381. P h i l a d e l p h i a — F o r L iv e r p o o l—F eb . 1— S team er L o r d C liv e , 1 ,4 0 5 . Below we give all news received to date of disasters to ves * sels carrying cotton from United States ports, &c.: B e r e s f o r d , steam er (B r.), b e fo re re p o rte d a tB re m e n fr o m N e w Orleans, h a d fire o n b o a rd In th e fo r e • m p a rtm e n t, w h e re a b o u t 1,500 co b ales o f o o tto n w ere s to w e d w h ile a t sea, b u t th e fire w a s ex* tin gu ish ed b y p o u rin g w a te r d o w n . T h e h a tch e s w e r e opened T o t a l t o G r e a t B r i t a i n 9 ,6 1 4 l l ,5 5 9 j l 0 , 4 8 6 2 ,1 4 1 2 8 8 ,0 0 9 2 39 ,09 6 J a n . 10, an d u p to the 1 3th th e re h a d b e e n la n d e d fr o m th e fore com p a rtm en t l ,3 5 3 bales, o f w h ic h 2 0 5 b a les w e r e d a m a g e d b y fire an d the oth ers b y w a ter. H a v r e ....................... ........... 1 ,793 1 ,7 1 4 1 ,5 0 0 310 3 3 ,0 4 6 2 4 ,0 6 7 B e s s a r a b ia , steam er (B r.), b e fo re re p o rte d a t C h a rleston , lo a d in g fo r O ther F r e n o h p o r ts ........... .......... . .. ... 10 Ò S eba stop ol. T h e o o tto n , w fiieh w a s d a m a g e d b y fire a n d w a te r on steam er B essarabia, w a s d isch a rg e d a n d p la c e d o n t h e w h arf. T o t a l F r e n c h .................... 1,793 1 ,7 1 4 1 ,5 0 0 3 10 3 3 ,0 4 6 2 4 ,1 6 7 T h e c o tto n in th e a fte r h o ld o f th e stea m er w a s n o t d a m a g ed . The ve sse l su sta in ed n o dam age, an d w o u ld fin ish lo a d in g w h e n the B rem en ................................ 1 , 1 0 2 1 ,4 4 7 1 , 1 2 1 9 0 0 2 3 ,8 9 4 2 1 ,9 0 9 h old w a s cle a re d . V essel a n d ca rg o w e r e lib e lle d fo r salv ag e. H a m b u r g ............ 5 5 &06 3 04 9 75 687 O th e r p o r ts ......................... 1 ,8 2 8 2 ,3 2 4 1 ,4 7 4 1,1 4 6 4 2,4 37 4 8 ,5 5 9 G l e n b e r v ie , stea m er (B r.), W allace, fr o m N ew O rlean s, a rriv ed at S eba stop ol, Jan . 30, w ith 1 02 bales o f o o tto n d a m a g e d b y sea w a te r. T o t a l t o N o r t h E u r o p e . 3 ,2 3 4 4 ,7 4 6 3 ,2 8 2 2 ,0 4 6 1 22 ,13 7 1 0 7 ,0 4 0 N e w O r l e a n s , stea m er.—A fire b ro k e o u t o n th e C ro m w e ll L in e pier, N o. 9 , N orth R iv e r, N e w Y o r k , a fte r n o o n o f J an . 2 9 , co m p letely Spain , O p ’ r t o .G ib r a lt ’r ,&c 1,300 114 10 0 4 ,1 7 6 3 ,4 0 2 d e stro y in g th e p ier an d b u ild in gs, a lso th e c o t t o n a n d other A ll o th e r ................................ 3 88 1 30 .......... 8 ,501 1 0,319 m erch an d ise w h ic h w a s on th e p ie r. S tea m er N e w O rleans took fire an d w a s h a u le d in to th e stream . H e r u p p e r w o r k s w e r e con 502 T o t a l S p a i n , & o ................ 1 ,3 0 0 130 10 0 1 2,6 77 13,7 21 sid e ra b ly da m a g ed. G r a n d T o t a l ..................... 15.941 18,5 21 15,3981 4 ,5 9 7 4 55 ,86 9 3 8 4 ,0 2 4 O x e n h o l m e , ste a m e r ( B r .), W illia m s, a t L iv e r p o o l, J a n . 2 8 , fr o m B alti m o re v ia N o rfo lk , lo st 2 2 7 b ales o f o o tto n o n th e v o y a g e . P o r t A d e l a i d e , steam er (B r.)—A fire, n ig h t o f Jan . 2 5 , on b o a r d of stea m er P o r t A d ela id e, f o o t o f M ain street, N o rfo lk , d e stro y e d 31 Shipping News .—The exports of cotton from the United b a le States the past week, as per latest mail returns, have reached V in d o b a lsa ,o o tto n . erS team er n o t da m a g ed. m S a v a n n a h , J an . 22, fo r stea m (B r.), w h ich sailed fro 164,275 bales. So far as tne Southern ports are concerned, these B a rce lo n a , h a d b e e n a sh o re fo r t w o d a y s d o w n th e riv e r, b u t was a p p a re n tly u n d am a ged , as sh e w e n t o u t im m e d ia te ly o n com in g are the same exports reported by telegraph, and published in on, the Chronicle last Friday. With regard to New York we L iv e r p o o l ................................ 8 ,8 6 8 O th er B ritish p o r ts ........... 746 1 1,2 60 299 9 ,4 8 6 1 ,0 0 0 2,141 2 4 7 ,90 9 2 0 6 ,5 9 3 4 0 ,1 0 0 3 2,5 03 ...... include the manifests of all vessels clewed up to Thursday. Ootton freights the past week have been as follows: THE Fe b r u a r y 5 ,1 8 8 ? .ì Xhurs. 1 t*c«. .Mon, Satur. Fri 31S 316 3ie U vtrpool, stea m d. 3ie 3ie 816 .... •••• *••• Do s a il...« !. 71S 716 716 7ie Havre, s t e a m . . . c. 7IS *16 ...» .... .... «•— — Do s a il.......... c. 71S 71S 7ia 7IS Bremen, s t e a m .. e. 7IS 716 .... ...» .... —— —— •••• Do s a i l ___ c . 716 7ie 71S Hamburg, stea m .«. 71S 71S 71« .... •••• .... .... •••• Do sa il— c. 45* 45* 50* 60‘ 50* 50* amst’ d’m , stea m e. 1364 1St4 ls t4 »sò4 13(4 Do v ia L e it h . d. »364 4 ® * i6 49*16 49*16 Beval, et e a m ....d . 4 « 61S 4 ® 616 4 ® 5ie •••• .... .... —— ...» Do s a il.......... d. 4 4 4 4 Barcelona,steam d. 4 4 4 4 4 4 4 Genoa, s te a m — d. 15£4® 4 «32®1964 * 3 3 ® 4 9S3®19t4 988®1964 *82®1964 Trieste, s t e a m ... d. 932 *33 *33 *33 63S 632 Antwerp» stea m .d . Aga®11«* • P er 1 0 0 lb s. L i v e r p o o l . — B y c a b le f r o m L i v e r p o o l w e h a v e t h e f o l l o w i n g iia te m e n t o f t h e w e e k ’s sa le s , s t o c k s , & c . , a t t h a t p o r t . gdd p r e v io u s w e e k s f o r c o m p a r is o n ._________ J a n . 14 Bales o f t h e w e e k ............. bales. * o f w h ich e x p o r te r s to o k . . . . Of w h ich sp ecu la tors t o o k .. Bales A m e r ic a n ____ . . . . . . . — Aotual e x p o r t . . . . . . . . . . . . . . . . . Total stock —E stim a ted ............. ~0 t w h ich A m erican —E stlm ’ d Total Im port o f th e w e e k ......... Of w h loh A m e r ic a n . . . . ----- Of w h loh A m e r ic a n ............... 65,0 00 7,000 4 ,0 0 0 44,000 J a n . 21. 50.0 00 3 ,0 0 0 2 ,0 0 0 3 7 ,0 0 0 10 ,0 0 0 8 ,0 0 0 2 4,0 00 7 6 6 ,0 0 0 5 7 8 ,0 0 0 1 27,000 1 13,000 288,000 261 ,00 0 31,000 82 J, 0 0 0 624,000 1 38,000 1 14 ,00 0 2 44 ,00 0 2 2 0 ,0 0 0 Ja n . 28 5 7.0 00 4 .0 0 0 5,0 0 0 42,0 00 7,000 2 9,000 831 ,00 0 6 41 ,00 0 9 3 ,0 00 7 7,0 00 3 06 ,00 0 2 5 6 ,0 0 0 S a turda y M on day. T uesday. Barely Market, ( 12:30 P.M. j supported Cpl’ds 53ie Mid.Orl’ ns. 5*19 Mid. dales . 8 ,0 0 0 Spec. & e x p . 500 Futures. Market, ) Quiet at 12:30 i’ .h . \ 1-04 de cline. Market, { Barely 5 r . M, 5 steady. Pratili inquiry. 54 54 In buyers’ favor. W ednes Firmer. 54 54 54 54 T hursd’y. Fair business doing. 54 54 5 8 ,0 0 0 3 ,0 0 0 9 ,0 0 0 4 2 ,0 0 0 6 ,0 0 0 2 3 ,0 00 8 77 ,00 0 6 30,000 1 2 2 ,0 0 0 9 2 ,0 0 0 2 7 7 ,0 0 0 2 4 4 ,0 0 0 F ruta V ,. Irregular. 54 54 1 0 ,0 0 0 1 2 ,0 0 0 8 ,0 0 0 500 1 ,0 0 0 1,5 0 0 2 ,0 0 0 1 ,0 0 0 Weak. Steady. Steady at Steady at 1-Ü4 de 1-04 ad cline. vance. Steady. Weak. Quiet. Quiet. T he o p e n in g , h ig h e s t , lo w e s t a n d c lo s in g p r ic e s o f f u t u r e s f o r L iverpool f o r e a c h d a y o f t h e w e e k a r e g iv e n b e lo w , T h e s e prices a r e o n t h e b a sis o f U p la n d s , L o w M id d lin g c la u s e , u n le s s otherw ise s t a t e d . .or 46 3 T he p rices a re giv en i n p en ce a n d (Siths, th u s : m ea n S 4 63-64d., a n d 5 01 m eans 5 1 - 6 4 4 '_____________________________________ S a l ., J a n . 2 9 , ¡H on ., J a n . 3 1 . T u e s ., F e b . 1 . Open High Low. Oto». Open High Low. Olot. Open High Low. Olos February,.. Feb.-March Mar.-April.. Aprll-May.. May-1 une . June-July.. July-Aug... Ang.-Sept.. Sept.-Oot... d. 508 508 5 09 510 512 514 510 518 d. 5O S 5 08 5 09 5 10 512 514 5 10 5 18 d. 5C8 5 08 5 09 510 512 514 516 518 d. 5 08 5 03 5 09 510 512 511 5 10 518 W edn es, , F e b . 2 . Open High Low. Olot February... Feb.-March Mar.-Apr .. Apr.-May .. May-June.. June-July.. July.Aug .. Aug.-Sept.. 8ept,-0ct... d. 500 5C0 508 5 09 511 513 5 15 517 5 12 d. 5 07 6 07 509 510 512 514 5 10 518 513 d. 500 5 00 5 08 509 511 513 515 617 512 d 507 607 509 510 5 12 514 510 518 513 d. 5 00 5 00 5 07 5 08 510 512 614 510 511 d. 5 00 5 00 5 07 5 03 510 512 5 14 510 611 d. 5 05 5 05 5 00 5 07 509 511 513 5 15 511 T h u r s ., F e b d. 5 05 5 05 5 00 5 07 5 09 511 5 13 5 15 511 d. 5 05 505 5 00 5 07 5 09 511 513 515 511 d. 5 05 5 05 5 00 5 07 5 09 511 513 5 15 511 d. 5 05 5 05 500 5 07 5 09 511. 513 515 511 d. 5 05 5 05 5 00 5 07 5 09 5U 513 5 15 511 F r i . , F e b . 4. 3. Open High Low. Olos. Open High Low. Olos d. 5 07 5 <)7 508 5 09 511 513 515 517 513 d. 507 507 508 509 5 11 513 515 517 513 d. 5 00 5 00 5 07 508 510 512 514 5 10 512 d. 5 00 500 6 07 508 510 512 514 5 10 512 d. 5 05 5 05 5 00 5 07 519 511 5 13 5 15 5 12 d. 5 05 505 500 5 08 510 512 514 5 10 512 d. 5 03 5 05 500 507 509 511 513 515 512 d. 5 05 5 05 5 00 5 08 5 10 512 514 5 10 512 BREADSTUFFS. F r i d a y . P . M.. F e b ru a ry 4 ,1 8 8 7 . V a rio u s o b s t a c le s t o t h e d e liv e r y o f p u r c h a s e s h a v e h e ld t h e trade in d o u r a n d m e a l w i t h i n n a r r o w lim it s . B u y e r s w o u ld do n o t h in g t h a t c o u ld b e a v o id e d , a n d b u s in e s s h a s c o n s e quently b e e n v e r y d u ll, b u t s t o c k s a r e m o d e r a t e , a n d t h e r e is little p re s s u re t o s e ll. P r ic e s a r e t h e r e fo r e g e n e r a l l y m a in tained, th e c h a n g e s t o w a r d lo w e r f ig u r e s b e in g f e w a n d u n im portant, h u t a t th e c lo s e t h e t e n d e n c y is d o w n w a r d , h o ld e r s P e k in g o f f t i s m o r e e a g e r ly . The w h e a t m a r k e t o p e n e d q u it e d e p r e s s e d , u n d e r t h e m o r e peaceful a s p e c t o f E u r o p e a n p o lit ic s a n d t h e o b s t a c le s t o s h ip ments a r is in g o u t o f t h e s t r ik e s , b u t g r a d u a l l y g a in e d s t r e n g t h NO. 2 UBD WINTKR WHEAT. Wed. T h urs. Tues. Mon. 917® 924 924 91*8 92 78 934 934 92*8 94 944 944 934 954 954 95 954 9 5 7g 964 964 954 964 974 964 964 9 6 7g 974 974 964 984 984 974 87 4 F ri 924 934 944 954 964 97 974 984 I n d ia n c o r n o p e n e d d u ll a n d w e a k , b u t g r a d u a l l y g a in e d s t r e n g t h , a n d o n W e d n e s d a y p r ic e s a d v a n c e d m a t e r ia lly o n t h e p r o s p e c t iv e s h o r t s u p p ly . T h e h i g h e r p rio e s k e p t b u s in e s s f o r e x p o r t w i t h i n n a r r o w lim it s , a n d th e l o c a l t r a d e w a s v e r y s lo w . T o - d a y p a r t o f t h e r e c e n t a d v a n c e w a s lo s t a n d t r a d e w a s v e r y d u ll a t t h e d e c lin e . D A I L Y CLOSIN G P R IC K S O F NO. 2 M IX E D C O R N . Bat. . . . 4 7 78 ... 484 .... 4 9 4 M on. 484 49 494 504 504 Tues. 484 434 Wed. 49 494 T hurs. 49 494 50 504 504 504 504 504 .... . .. . F r i. 4 8¡h 49*i 49\ 504 50 4 O a ts h a v e s h o w n a n a d v a n c in g t e n d e n c y f o r m ix e d o n t h e s p o t a n d f o r e a r ly d e liv e r y , w it h s o m e im p r o v e m e n t in o t h e r r e s p e c t s . T h e d e m a n d , h o w e v e r , w a s m a in ly t o c o v e r m a t u r i n g c o n t r a c t s , t h e l o c a l t r a d e c o n t in u in g v e r y d u ll, a n d w h i t e g r a d e s s h a r in g b u t l i t t l e in t h e a d v a n c e . T o - d a y th e m a r k e t w a s d u ll a n d p r ic e s d e c lin e d .OSINO P R IC K S O F NO. 2 O A T S. Sat. 36 36 364 364 364 F e b ru a ry d e liv e ry . M arch d e liv e r y — A p ril d e liv e r y ........ vtay d e l t v e r v ......... J u n e d e l i v e r y ....... Mon. 36 36 364 364 364 Tues. 364 36 364 364 .... Wed. 364 364 364 364 364 T hurs. 36*s 364 36*8 364 F ri. 364 364 364 364 36*8 BTye is q u ie t . B a r l e y is c h e a p e r a n d s o ld y e s t e r d a y t o a c o n s id e r a b le e x t e n t a t 60o. f o r 2 -v o w e d S t a t e a n d 72o. f o r N o . 2 C a n a d a , b u t c lo s e s d u ll. B a r l e y m a lt s e lls r a t h e r s l o w l y o w in g to b u sin e ss t r o u b le s o f b r e w e r s . B u c k w h e a t is q u ie t. T h e f o llo w in g a r e th e c lo s in g q u o t a t io n s : F L O U jb. 8 ,0 0 0 Quiet at 1-04 de cline. D U L Y CLOSING PRICKS pF 8 a t. 914 93 944 954 964 964 A u gu st d e liv e ry — ............. S ep tem b er d e l i v e r y .. . . . . . .... Feb. 4 8 ,0 0 0 Easy at 1-64 de cline. o n a r e n e w a l o f w a r - lik e r e p o r t s f r o m E u r o p e t h a t w e r e so p o s it iv e a s t o c a u s e p a n io s o n th e C o n t in e n t a l b o u r se s. T h e a d v a n c e in p r ic t s , h o w e v e r , w a s n o t im p o r t a n t , a lt h o u g h o n W e d n e s d a y t h e r e w a s a c o n s id e r a b le r e v i v a l o f b u s in e s s f o r e x p o rt. T o - d a y th e r e w a s a lo w e r a n d u n s e t t le d m a r k e t , u n d e r th e m o r e p e a c e f u l f o r e i g n a d v ic e s . We The t o n e o f t h e L iv e r p o o l m a r k e t f o r s p o ts a n d f u t u r e s e a c h day o f th e w e e k e n d in g F e b . 4, a n d t h e d a i l y c lo s in g p r ic e s g( gpot c o t t o n , h a v e b e e n a s f o llo w s : ___________________ Spot. 191 (CHRONICLE F lu e.....................W b b l. 82 3 0 « $ 3 00 S ou th ern b a k e r s ’ a n * fa m ily b r d s . . $1 b b l 8 1 0 0 i 8 1 40 S u p e r f i n e .. ... . . . . . . . . 2 4 5 » 3 25 Spring w h e a t e x t r a s . 3 2 0 ® 3 60 R ye flour, s u p e rfin e .. 2 8 0 » 3 0 0 F lu e ............................. 2 2 0 ® 2 3 0 Minn, cle a r an d stra ’t . 3 6 5 ® 4 65 W ù itersh lp p ’ g e x tr a s . 3 3 0 » 3 60 Oorn m e a l— W estern , »fee. . . . . . . . 2 4 0 9 2 75 W inter X X & X X X . . 3 7 0 9 4 5 0 B ra n d y w in e ............ 2 7 5 » 2 80 4 5 0 ® 5 10 P a ten ts....... .. 8 T ithecn »inner 8 . . . . . 3 25 » 3 40 B ’kwU’ t flour, 1 00 lb s 1 7 5 ® 1 8 5 S o o th ’ n co m . e x t r a s .. 3 5 0 » 3 90 GRAIN. O ats—M i x e d . . . . . . . . . . 3 5 9 38 W heat— W h ite............................3 7 4 ® 4 1 4 S p r in g ,p e r b u s h . 85 ® 98 N o. 2 m i x e d . . . . . . . . . 3 6 4 ® 3 7 4 93 Spring No. 2 . n e w 92 « No. 2 w h i t e ............... 3 8 4 » 3 9 4 R ed w in te r, N o. 2 93 ® 91 B a r le y -C a n a d a . . . . . . 6 8 ® 77 R ed w i n t e r ......... 34 » 96 T w o -ro w e d S t a t e .. . . 5 9 ® 61 W hite...................... 85 ® 95 S ix -ro w e d S t a t e ... .. 63 9 67 Oorn—W est, m ix e d 46 9 504 50 W est. m ix . N o. 2 . 484» M a ltWest, w h ite .......... 4 7 ® 51 State, 6 - r o v e d . . . . . . 7 7 9 82 West, y e llo w ........ 4 7 ® 51 S tate, 2 -ro w e d ......... 6 8 ® 7 2 W hite S o u th e r n .. 50 9 54 C an ad a . .....................8 0 » 90 Y e llo w S o u th e rn . 48 9 51 Peas—C a n a d a . . . . . . . . . 6 1 » 66 B ye— . B u ck w h ea t.....................53 ® — S ta te & P a ., $ b ush. 5 6 • 58 T h e m o v e m e n t o f b r e a d s tu ffs to m a r k e t is in d ic a t e d in t h e s ta te m e n ts b e lo w , p r e p a r e d b y u s fr o m th e f ig u r e s o f t h e N e w Y o r k P r o d u c e E x c h a n g e . W e f ir s t g i v e t h e r e c e ip t s a t W e s t e r n a n d r iv e r p o r ts , a r r a n g e d so a s to p r e s e n t t h e c o m p a r a t iv e m o v e m e n t f o r th e w e e k e n d in g J a n . 29, 1887, a n d s in c e J u l y *81, f o r e a c h o f t h e la s t t h r e e y e a r s : (Uesipts at— Chicago........ Milwaukee... T oledo.......... Detroit......... Cleveland... St. Louis. ... Peoria.......... Duluth......... Tot. wk. ’87. Same wk.’80. Same wk.’83. Since July 24 1880-7........ 1885-0.. ... 1884-5........ Barley. . Rye. Oats. Oorn. Wheat. Flour. BblslWlht Bush.dO lbs Bush.SS lbs Bush.32 lbs Bash AS lbs Bush.50 lbs 7,40« 238.469 721,797 597,800 225,909 190,475 5,700 56,555 44,950 21,490 240,093 10,323 1,600 10,165 24,049 3,359 35,185 5,010 20,702 27,497 31,292 109.317 4,039 3,000 31,5'K) 23,000 27,000 3,999 0 ,00 0 77,400 79,085 709,320 07,411 10,390 5,000 18,000 112,500 111,825 5,000 3,015 . .» 242,314 T , 018.908 472,381 531,170 505,377 26,326 31,331 49,034 5,005,700 02.905.068 49,907,277 37.991.548 15.922,902 4,361.303 42,500,015 48,990,490 33.313,925 14,389,321 5,070,719 78,767,283 49.447.5*5 33.710,274 11,037 441 1,413,545 2,157,419 3.510.8, fi 249,251 135,189 155,507 952,229 449,059 1,878,918 1,580,540 1,729,408 2,417,328 993,957 974,723 T h e c o m p a r a t iv e s h ip m e n t s o f flo u r a n d g r a i n f r o m t n e s a m e o r ts f r o m J a n . 1 t o J a n . 29, 18 37, i n c l u s i v e , f o r f o u r y e a r s s o w a s f o llo w s .b b la . 1 88 7 . 1 .0 1 3 ,2 1 4 1 88 6 .* 8 6 3 .5 7 7 1885 * 1 .2 5 3.32 8 1884. 9 0 5 .7 6 4 W h e a t .... .b u s h . C o m ........................ O a t s ...... . . . . . . . B a r le y .......... R y e.... ......... 9 10 ,14 8 2 ,0 6 9 ,1 7 6 2 ,8 * 1 .0 3 8 8 3 1 ,5 1 4 5 7 ,8 8 4 1 ,1 9 6 ,2 6 9 5 ,8 2 8,04 5 3 ,2 ! 9 ,4 1 0 1 ,3 7 1 ,8 6 4 147 ,28 9 2 ,2 1 5 ,5 9 4 9 ,3 6 5 ,8 6 3 3 ,1 .1 ,3 7 4 7 3 1 ,0 5 2 2 0 1 ,0 8 1 2 ,0 0 7 ,1 9 2 7 ,3 1 4 ,4 8 2 3 ,0 2 5 ,1 4 4 8 7 3 ,4 8 8 2 3 8 ,7 1 6 T ota l g r a i n . . . . 6 ,6 8 9 ,7 6 0 1 1,7 5 2 ,3 7 7 1 5 ,6 9 7 ,9 6 4 187507,022 lo u r. * in clu d e o n e e x t r a w eek. B e lo w a r e t h e r a i l s h ip m e n t s f r o m W e s t e r n l a k e a n d r iv e ? p o r ts f o r f o u r y e a r s : 192 THE CHRONICLE I8t»7. W eek Ja n . 29. 2 77 .22 5 2 65 ,91 4 6 4 0 ,9 9 3 7 6 7 ,2 8 9 2 2 6 ,8 7 4 1 9,7 49 .bbls. F l o u r ..« .. W h e a t ,... ..................b u s h . C o m ...... . . . . . . .................... O a t s . ... . . . . . . . . . . . . . . . . B a r le y .................................... R y e .......................................... Total... 1886. W eek J a n . 30. 1 42,835 232 ,11 1 9 0 2 ,9 4 4 4 5 8 ,47 7 2 5 2 ,8 4 5 19,281 1 ,6 7 8,91 8 2 ,4 1 7 ,3 2 8 9 7 4 ,7 2 6 5 05 ,37 7 4 9 ,0 3 4 2 0 7 ,0 6 2 1 ,3 8 0 .8 5 3 5 1 7 ,5 7 6 1 4 9 ,8 7 4 4 9,3 85 1 ,9 1 5 ,6 9 8 5 ,6 2 5 ,3 8 3 2 ,3 0 4 ,7 5 0 ............... 1 ,9 2 0 ,8 1 9 1885. W eek Jan . 31. 1 55,567 188 4 Week Feb. 2. 1 49 ,05 1 The rail and lake shipments from same ports for last four weeks were: W eek e n d in g — J a n .2 9 ,’8 7 J a n .2 2 ,’8 7 Jan.J 5 ,’8 7 J an . 8 /8 7 F lo u r , bbls. 2 77 ,22 5 2 3 1 ,0 3 8 2 5 1 ,3 5 4 2 5 3 ,5 4 7 W heat, bush. 2 6 5 ,9 1 4 1 8 1 ,7 3 4 2 4 4 ,8 7 3 2 1 7 ,8 2 7 T o t., 4 w .1 ,0 1 3 .2 1 4 4 w ’k s’8 6 . 5 4 3 .2 3 3 9 1 0 ,1 4 8 9 1 5 ,9 1 2 C orn , b u sh . 6 4 0 ,9 4 3 4 9 1 ,5 3 4 5 1 » ,8 0 9 4 1 7 ,8 4 0 O a tt, b u sh . 7 6 7 ,2 8 9 7 1 9 ,2 7 5 6 3 6 ,5 7 2 6 9 7 ,9 0 2 2 ,0 6 9 ,1 7 6 2,821,0381 3 ,3 2 6 ,7 1 0 1 ,8 6 9 ,0 3 0 ' B a rley , b u sh . 2 2 6 ,8 7 4 1 7 8 ,6 1 1 2 4 0 ,1 0 3 1 8 5 ,9 2 6 R ye. bush, 1 9 ,7 4 9 16,8 35 1 2 ,7 3 0 8 ,5 7 0 8 3 1 ,5 1 4 9 1 0 ,8 6 9 5 7 ,8 8 4 7 9 ,5 9 9 The receipts of flour and grain at the seaboard ports for the week ended J a n . 2 9 , :1 887. f o l l o w : O orn, F lou r, W heat, bush. bush. bbls. A t8 0 ,0 7 4 Hew Y o r k . . . . . 148 ,62 1 2 6 7 ,8 5 0 4 3 ,4 5 2 1 73 ,11 2 B o s to n ............ . 47.5 56 P o rtla n d 1 0,4 00 d’iiä 9 0 ,8 35 P h ila d e lp h ia ... 3 5 ,1 1 » 1 1 1 ,4 4 7 2 1 6 ,9 3 0 3 78 ,15 1 B a l t i m o r e ...... 7 0,951 6.4 0 2 R loh m on d .......... 3<»,698 3 1 ,2 4 5 8 6,6 83 Hew O r le a n s ... 8 ,855 113 ,36 5 Oats, B a r le y , bush. bush. 3 1 1 ,7 6 0 1 05 ,00 0 3 ,5 3 6 1 4 8 ,4 7 9 .......... ¿Í8 5 0 8 3 ,2 4 0 3 2 ,4 0 0 10,3 33 4 ,2 4 7 3 1 ,0 0 0 .......... T o ta l w e e k ... 3 1 5 ,5 1 2 Oor. w e e k ’ 8 6 .. 1 74,505 6 0 0 ,9 1 4 1 40,936 4 0 3 ,1 1 0 9 0 ,2 9 0 7 9 9 ,2 4 8 8 4 3 ,1 3 0 8 8,8 18 1 ,4 8 7,91 1 R y e. bush, 6 ,6 0 0 ...... 1 ,2 0 0 7 ,8 0 0 9 ,1 8 6 The total reoeipts at the same ports for the period from Jan. 1 to Jan. 29, 1837, compare as follows for four yean: 188 7 . 1 ,1 7 1,34 8 W h e a t ........ b u sh . C o m . . . ............... 1886 * 1 ,0 9 0 ,7 7 0 1864 * 1 ,3 0 3 ,9 6 8 3 ,3 9 4,37 9 F l o u r ,.... ..b b ls. 2 ,1 9 6 .4 5 0 5 ,0 5 1 .5 9 0 1 ,7 * 2 3 40 73*3,450 1 9 9 ,1 1 2 B a r le y .. . . . . . . . . . R y e . . . . ................ 2 ,4 5 8 ,6 4 9 4 0 7 ,0 2 2 4 1,5 71 6 4 6 ,7 9 7 1 0 .6 79 ,2 9 2 2 ,7 3 9 ,1 0 7 60.4,363 5 6 ,9 3 4 T o ta l g r a in . . . 9 ,3 5 6 ,5 0 4 1 4,9 7 2 ,4 9 3 8.551,883 O a t s ... .. . . . . . . . . 9 ,9 2 5 ,9 4 2 1 8 ,4 15 ,4 5 5 * In clu d e o n e w e e k e x tra The exports from the several seaboard ports for the week ending Jan. 29, 1887, are shown in the annexed statement: E xp orts fr o m — Wheat. B ush . 417 ,13 9 5 (,702 98,7 38 9 9,2 87 180,673 176,648 80,328 H ew York Boston. . Portland. N. News. Philadel. Balcim'r« H. Orl’ns Biohm’nd O orn. B ush. 3 9 1 ,0 6 5 4 4 ,6 97 1 6,0 00 2 1 2 ,3 4 7 176 9 70 167,037 Tot. w ’ k 1 ,1 0 7,51 5 1,003,118 8'm o time 1886. 5 61 ,66 9 1,1 6 3,75 2 F lou r. Oats. Bbls. 3 >,123 2 2,5 46 5 ,1 0 5 R ye. B ush. 1 ,626 Peas Bush. B u sh 8 19 1 20 ,34 8 1 8 ,9 7 0 — ...... 4 .Ì 5 7 9 0,7 13 2 ,2 6 9 — ...... 2 0 4 913 1,626 9 8 ,0 39 ..... 1 1 0 ,50 5 ...... 1 40 ,16 7 1 ,7 3 7 The destination of the exports is as below. We add the corresponding period of last year for comparison. Wheat. F lo u r . E xp orts f o r w eek to— 1887. Week, Ja n . 29. 1886. W eek, Ja n . SO 1887. Week, Jan , 29. U n ,K ln g. O ontln’ nt B .A G .A uj W. Indies B rit, c o l ’s O th.o’n ’ti- Bbls. 153,645 13,897 15,357 15,011 6,3 52 651 Bbls. 58,9 03 2.2 U 14,6 46 1 7 ,2 44 4 ,5 1 0 502 T ota l. 204 ,91 3 9 3 ,0 39 1 ,1 0 7.51 5 B ush. 8 7 4 ,6 7 3 232,S 3 2 1886. Week. Jan. 30. B ush. 1 97,303 304,3(51 iO O orn. 188 7 . Week, Ja n . 29 1 88 6 Week, Jan . 30. Bush. 7 8 2 ,4 5 8 2 0 1 ,5 3 4 2 ,3 8 8 19,2 92 2 ,0 0 0 4 41 Rush.. 8 4 6 ,1 6 « 3 1 2 ,6 i-9 2.173 6,8 2 0 9 02 5 6 1 ,6 6 9 1 ,0 0 3,11 6 1 1 6 8 ,7 5 2 By adding this week’s movement to our previous totals we have the following statement of exports this season and last season: Flour. Exports to Wheat. Oorn. Sept. 1/38, Sept. 1, ’85, Sept. 1, ’88, Sept. 1, ’85, Sept. 1. ’80, Sept. 1, ’85, to Jan. to Jan. to Jan. to Jan. to. Jan to Jan. 28, 1887. SO, 1886. 29, 1887. 30, 1838. 29, 1887. 30, 1888. Un.Kingdom Continent... S. &C. A m ... W est Indies. Brit. Col’nies Ofa. oountr’s Bbls. 2,891,435 260,000 498,597 329,655 204,313 20,297 Bush, Bbls. 1,807,048 17,708,847 58,037 11,125,805 362,744 15,033 399,378 3,071 280,051 12,795 80,477 Bush. Bush. Bush. 5,012,009 10,190,995 15,887,918 2,989,157 4,069,864 0,141,293 2,700 351,125 763,810 4,107 237,264 151,235 13 17.900 50,209 16,320 25,933 27,005 Total......... 4,005.28 i 2.920,051 28,934,133 8,021,912 14,900,279 23,520,469 The visible supply u i grain, comprising cue sl o c k s in granary at the principal points of accumulation at lake and seaboard ports, and in transit by rail and water, Jan. 29, 1887 : Wheat, C orn , Oats, R y e, B a riev I n store a t— bush. bush bush. bush. bush H ew Y o r k ............. 9,18*2.713 2 ,9 7 6 ,1 7 9 1 ,0 1 4 .0 8 1 4 0 ,3 0 5 2 2 3 ,9 5 3 D o a flo a t.......... 7 6 0 .0 0 0 2 4 ,0 0 0 2 5 ,0 0 0 6 .0 0 0 9 0 ,0 0 0 A lb a n y ................... 1 1 ,0 22 3 4 ,5 0 0 8 8 ,7 0 0 9 ,5 0 9 1 8 8 ,2 5 0 B u ffa lo.................... 2 ,8 5 0 ,9 0 6 2 2 0 ,7 6 0 4,8 1 1 3 5 ,2 5 3 2 17 ,65 1 C h ica go................... 1 3 ,3 9 9 .8 3 0 5 ,5 5 3 ,5 1 4 1 ,0 1 0,32 1 1 5 0 ,9 5 1 2 6 7 ,3 6 4 D o a floa t.......... 1 80,915 1 ,4 2 2 ,5 7 8 .................................................... M ilw a u kee............. 3 ,5 5 3 ,7 8 3 5 ,0 0 4 .......... 1 4 ,0 48 3 1 6 ,6 1 2 D o a flo a t ...... ...... ...... ...... .............................. [V ol. XLIV. I n store a t — D u lu t h ..... . . . . . . Do a flo a t.......... T o le d o .................... D o a flo a t.......... D e tro it................... O s w e g o ............... 8t. L ou is................. C in cin n a ti............ B oston . . . . . . . . . . . T o r o n t o . ... .. . . . . M o n tr e a l............... P h ila d e lp h ia ........ P eoria ..................... In d ia n a p o lis ........ Kansas C i t y . . . . . . B a lt im o r e . . . . . . . . D o a flo a t ...... M i n n e a p o l i s ...... 8 t.P a u l.... . . . . . . On M is siss ip p i... On l a k e s . . . . . . . . . On ca n a l & riv e r. Wheat, C om , Oats, bush. bush. bush. 1 0 ,1 1 8 ,3 2 5 ...... ...... 1 4 1 .0 0 0 ............................... 4 ,0 1 6 ,9 4 5 2 0 2 ,6 3 3 3 9 ,8 5 5 2 2 ,5 0 0 ...... ...... 2 ,6 ->1,099 1 3 3 ,8 9 1 1 7 ,8 5 4 1 5 5 ,0 0 0 1 02 ,00 0 ...... 3 ,9 8 4 ,6 3 9 3 ,7 1 6 ,3 1 6 5 4 9 ,4 7 1 7 1 ,0 0 0 6 5 ,0 0 0 1 4 0 .0 0 0 4 2 0 ,5 0 5 2 0 0 ,8 2 2 3 6 5 ,9 0 2 1 6 2 ,6 9 9 ...... 1 6,679 2 8 6 .7 4 3 6 0 ,7 0 8 7 1 ,0 5 3 6 73 ,13 1 4 1 8 ,5 6 2 109 ,37 5 10,519 2 96 ,73 1 9.35,223 1 27,335 1 6 5 ,1 9 0 3 3 4 ,5 7 2 2 7 4 ,1 3 8 3 1 5 ,3 2 9 10,468 4 6 7 ,2 3 2 3 3 5 ,1 2 5 ...... .......... ...... .......... 7 ,4 1 8 ,6 2 8 ...... ...... 7 6 0 ,0 0 0 ...... ...... ...... ...... .......... 9 4 ,0 0 0 ...... ...... 5 4 ,2 0 0 ...... ...... T ot. T ot. T ot. Tot. T ot. 6 1 ,8 8 4 ,7 1 2 1 6 .2 5 1 ,8 9 3 6 1,9 6 4 ,5 9 9 1 6 ,4 0 4 ,9 4 9 5 4,938,795 7 ,1 3 6 .0 5 4 4 2 ,6 5 3 ,2 5 9 6 ,3 3 8 ,1 1 3 3 2 ,7 8 6 ,7 3 4 1 2,7 7 0 ,7 9 8 Jan. Jan . Jan. Jan. F eb. 29, ’8 7 . 22. *87. 30, ’ 8 6 . 3 1 , ’ 85* 2, ’84* 4 9 ,4 17 "Ï3 4 1 6.300 4 4,3 22 2 3 ,0 00 1,633 4,2 4 9 21,6 76 408,709 51,162 18’ÌS7 6 ,9 3 3 ****** 4 ,7 3 3 ,3 7 3 4 43 ,18 5 2.345,753 4 ,7 7 4 ,2 2 6 4 44,2 27 2.420.235 1,9 9 5,01 9 7 1 8 ,5 5 9 1,860,419 2 ,5 3 2 ,4 0 3 5 1 1 .2 5 3 1.628,009 5 ,5 2 3 ,6 3 8 2 ,5 1 8 ,2 9 5 2,690,789 * Minneapolis,and St. Paul not included. E xpo rts of B r e ad stcffs fo r D ecem ber, 1888.—The follow ing made up from the statement issued by the Bureau of Statis tics shows the exports of domestic breadstuff« from the under mentioned customs districts of the United States for the month of December in 1886 and 1885, and for the sir months since July 1, 1886 : December. Breadstuffs Exports. 1886. Qu’ntlties 1886. 1885. Value. Six Months. Qu’ntlties 1 Volite. Quantities Value. 20,813 $ 10,000 84 $ „ 80 102,255 1 83,163 159,528 06,030 26,624 18,315 980,170 7 642,394 112,036 26,708 18,401 1,083,025 725,557 632,743 2,984.384 1,591,103 200,164 294,740 159,224 05,902 134,311 67,003 201,557 1,577,590 750,257 401,194 895,364 430,891 1,500 2,363 1,642 39,340 200,355 135,804 7,307,162 1,577,707 017,882 2,427,840 2,362,603 13,405 2,691,371 3,622,915 834,245 29'.,785 1,156,804 1,105,248 9,141 1,096,844 3,320,225 1,002,412 0,140,113 3,136,049 17,057,570 Total, corn .. . . Oom-meal, bbls. 13,019 35,003 14,135 45,606 New York........... 63,624 12,197 29,379 10,175 25.447 58,158 Boston............. 200 501 905 2,7m » Philadelphia. ... 2.111 30 90 300 1,100 412 B a ltim ore......... 3 9 4 12 New Orleans...... 12 San F .S W il’ m’te 9,950 3,571 1,380 41,160 21,295 Other cus. dist’s* 8,121,927 Burley, bush. New York ........ Boston................ Phtladelptra...... Baltimore........... New Orleans...... San F.A W il’m’te Other cus. dist’s* 180,341 Total, barley...... Corn, bush. New York........... 1.321,809 385,572 Boston ............... 139,010 Philadelphia...... 519,637 B altim ore.... ... 820,533 New Orleans...... 2,303 San F.&W il’m’te 92,300 Other cus. dist’s* 182,488 141,901 5,626 945 34 67,935 29,020 74,992 27,0 ¿5 79,124 145,012 888,929 15,049 012 2,505 20 52 8,855 6,814 288 1,075 8 32 4,072 70,410 150 1,000 58 912 18,062 101 26,234 68 458 27 359 5,800 38 135,615 2,033 4,989 1,140 798 44,905 72,092 54,540 1,170 2,082 545 363 20,062 21,899 27,093 Total, oats.......... Oatmeal, lbs. 201,892 New York ......... Boston................ 1,300,370 102,000 Philadelphia...... 695,520 Baltimore ........ New Orleans...... 5,000 San F.tttVil’m’te Other cus. dist’s* 12,269 85,699 32,984 202,778 100,662 0,573 943,195 83,774 641,240 3,240 183,3S8 20,860 1,398,794 50 103 37,296 909,100 27,311 17,042 7,880 49,71» 4 855 19,358 1,423,131 8,034,390 768,500 859,920 43,301 80,826 22,390 25,334 54,045 5,156,230 1,695 105,842 122,199 11,290,216 279,380 74,080 3,000 48,487 1,800 Total, corn-meal Outs, bush. New York........... Boston................ Philadelphia...... Baltimore........... New Orleans. San F.&W il’m’te Other cus. dist’s* Total, oatmeal.. 2,364,782 Rye, bush. 34,346 New York........... Boston................ Philadelphia...... Baltimore.......... New Orleans. .. San F.&Wil’ iu’te Other cus. dist’s* 61,016 4,170,123 20,100 45,287 34,346 20.101 77.080 Total, ry e ........... Wheat, bush. 070,028 New York ......... 2,956,120 2,045,317 639.SO0 16,869,759 14.804,626 732,030 15,956 805,632 11,967 B oston................ 810,018 741,299 Í10,937 100,080 4,808,060 4,249,530 Philadelphia. ... 130,708 B a ltim o re......... 1,109,127 1,074,584 117,440 8,584,590 7,456,186 150,891 143.606 1,110,700 New Orleans...... San F.&Wil’m ’te 8,728,713 2,310,408 2,797,949 2,270,517 16.090,783 12,958,964 103,000 90,540 16,300 14.070 3,250,040 2,633,988 Other cus. dist’s* Total, wheat....... 7,981,731 7,023,121 3,725,922 3,148,119 51,585,504 43,798.349 Wheat-flour, bbls 409,706 1,603,932 339,104 1,551,380 1,914,833 7,942.303 New Y ork ........... 114.307 137,124 710,342 Boston................ 745,577 1,217.228 0,185,954 774,457 40,827 173,202 38,108 107,017 Philadelphia...... 202,275 150,857 770,707 62,285 295,599 1,058,029 5,131,230 Baltimore......... . 188,623 7,500 31.324 1,594 31,459 New Orleans...... 8,831 145,772 153,080 599,287 790.182 8,063,95« 048,873 San F.* W il’m’te 38,269 181,006 372.690 1,564,509 26,503 Other cus. dist’s* 134,858 913.353 4,135,800 757,798 3,585,393 5,551,444 24,800.334 Total,wheat-flo’r Totals. 26.776,824 New York........... 5,0 76,488 3,«81,eie 7.977,226 B o s to n ............... 985.894 947,358 5.850,810 Philadelphia...... 985,279 381,100 13.771,065 B a ltim o re ......... 2,138.813 1,214,148 1:207:298 New Orleans .. .. 575,565 410.097 16,690,214 3,011,486 San F.&W il’m’te 2,941,002 5,481,017 326,842 Other cus. dist’s* 303,948 *a v ä l. -''’I 78.200,454 Orand total . ........ 10.117.2091 13,015.3461 ........... * Other customs districts: Brazos, T exa s.............................. $14,443 New H aren, C onnecticu t.... Chicago, Illin ois...................... ................. Portland, M aine..................... Detroit. Michigan........................ 34,133 Richmond, Virginia............... ,2Z'qi5 Duluth, Minnesota..................... ........ Y orktown, V irginia .............. * . Huron, Michigan.......................... 23,294 Total .................... Miami, Ohio................................ ' ........ .. ......... ............................ ,^_J82A8i? N ot e.—'T his statement Includes about 98 per cent o f the entire exports o f t * rticles named from all ports o f the country. February THE CHRONICLE. 5, 1887.] THE DRY GOODS TRADE. 193 I m p o r t a t io n « o f D r r G o o d « . The importations of dry goods at this port for the week N e w Y o r k , F rid a y , P . M ., F eb . 4 , 188 7 . ending Feb. 3,1887, and since Jan. 1, and the same facts for Business in the wholesale branches of the dry goods trade the corresponding periods are as follows: was only moderate the past week, the receipts of goods from the manufacturing districts and from abroad having been greatly impeded by strikes among the freight handlers There was for the same reason considerable difficulty at times in forwarding merchandise from this city to distributing points in the West and'South, but this was overcome to some extent by the domestic commission houses, who were enabled to make liberal shipments direct from the mills. The demand at first hands was somewhat spasmodic and irregular, buyers on the spot having manifested a good deal of caution in their operations, while re-orders were hardly up to expectations. Owing in a measure to unfavorable weather conditions, the jobbing trade in the regular way was more or less quiet, but a satisfactory package business in staple cotton goods, prints, and some kinds of department goods was accomplished by a few of the principal jobbers. The most notable event of the week was an auction sale of domestic silk handkerchiefs and mufflers, which realized about $90,000. The goods sold low in some cases, but many lines were so freely duplicated by the owners that they were evidently satisfied with the prices obtained. D o m e s t i c C o t t o n G o o d s . —The exports of domestics from this port for the week ending Feb. 1 were 5,955 packages, and the principal shipments were as follows: China 3,555 packages, British West Indies 400, H tyti 869, Aden 307, Hodeidah 250, Santo Domingo 188, Venezuela 153, and Central America 120. The demand for plain and colored cottons was steady, but lees active than in preceding weeks, and stocks are so well in hand that prices are uniformly firm all along the line. Print cloths were in fair demand and firm on the basis of 3^£c. for 64 x64s and 3@ 3 1-16 for 56x60s. Stocks last Saturday and for the three previous years were as follows : Stock o f P r in t Cloths— H eld b y P ro v id e n ce m a n u f’rs. F all R iv e r m a n u fa ctu rers.. . P ro v id e n ce s p ecu la tors ......... Outside specu la tors (est)....... Ja n . 29, Ja n . 30, 1887. 1886. 8 3 ,0 0 0 4 7 9 ,0 0 0 29,0 00 3 8 ,0 0 0 5 0 ,0 0 0 2 5 9 ,0 0 0 3 0 ,0 0 0 3 0 ,0 0 0 Ja n . 3 1 , 1885. 4 6 2 ,0 0 0 4 8 1 .0 0 0 3 2 5 ,0 0 0 3 2 5 ,0 0 0 Feb. 2. 1884. 1 00 ,00 0 2 2 2 ,0 0 0 2 66 ,00 0 75,0 00 R e c e ip t« o f Leading: A rtic le « o f D o m e s tic P r o d u c e . The following table, based upon daily reports made to the New York Produce Exchange, shows the receipts of leading articles of domestic produce in New York from Jan. 1 to Tues T o ta l s tock , (p ie ce s)............. 1 9 2 ,0 0 0 4 0 6 ,0 0 0 1 ,5 9 3 ,0 0 0 6 63 ,00 0 Prints were in light and irregular demand at first hands, but day last, Feb. 1 ; also the receipts for the same period in the finer grades, as sateens, cretonnes, chambrays, foulards* 1886 : &c., were distributed in very fair quantities, and there was a 1887. 1886. good steady business in wash fabrics, as ginghams, seersuckers, 1 99 220 fancy cotton dress goods, low grade lawns, &c., and white A s b e s ............................... B ean s.............................. .................... bbls. 24,6 08 8 ,9 1 2 goods, scrims and table damasks continued in good request. B read stuffs— 6 8 7 ,6 6 4 F lo u r, w h e a t............. 2 8 2 ,6 5 3 D o m e s t i c W o o l e n G o o d s .—Men’s-wear woolens have ruled 18.289 C orn m e a l.................. 2 7 ,5 1 3 quiet in first hands, the wholesale clothing trade having shown 1 ,2 4 8 ,1 1 6 W h e a t.......................... 9 1 ,3 0 0 19,2 50 R y e . . . .......................... ...................bush. 6 ,4 5 0 more apathy in regard to heavy goods for next fall than 6 7 6 ,91 2 C o rn .............................. 1 ,4 2 3 ,9 1 6 1 ,1 9 7,67 0 O a ts.............................. ...................bush. 9 9 2 ,4 3 4 is usually witnessed at this stage of the season. Desirable 5 4 4 ,11 7 B a r le y ......................... 6 1 4 ,6 7 5 lines of heavy cassimeres, worsteds, &c., have been opened by 2 8,0 50 P e a s .............................. 1 0 ,4 5 0 124,040 o tto n 1 33 ,88 0 the commission houses at about last year’s prices, despite the C otton ............................. ...................bales. 13,353 C seed o il............. .................... bbls. 6 ,7 1 0 13,475 1 1 ,8 1 6 appreciation of the staple, but buyers have thus far placed F la x s e e d ...................... ...................b ags. 12,735 G rass s e e d ..................... ...................bags. 3 ,5 6 5 comparatively few orders, and a sharp curtailment of produc H id es................................ ...................... N o. 7 ,7 1 9 4 ,0 2 6 7 ,8 7 3 H 5 ,1 7 4 tion will probably take place shortly unless there should be an H id ess............................... ...................bales. 2 ,8 2 2 1 1 ,3 6 3 o p ............................ .. 1 38 ,52 2 2 3 3 ,7 5 0 early improvement in the trade outlook. Worsted suitings L e a th e r........................... 5 8 ,6 6 5 6 ,0 5 6 were only in moderate demand, but some fair-sized orders L e a d ................................. ...................-Pig»7 ,8 0 9 1 7,3 38 were placed for popular makes of heavy cassimeres and the M olasses......................... N aval S tores— finer grades of overcoatings. Kentucky jeans and satinets T u rp en tin e, c r u d e . . .................... bbls. 60 1 04 3 ,6 5 3 3 ,7 4 3 T u rp en tin e, s p ir its .. were in fair request, and leading makes are steadily held by 13,1 62 1 4 ,4 6 3 R o sin ............................ 2 ,2 4 4 1,334 T a r ................. ............. .................... bbls. agents. Jersey cloths and sackings continued in pretty good 30 76 P i t c h ,........ ................ .................... b bls. demand, and there was a fair movement in all-wool and Oil ca k e ......... . . . . . . . .................. pkgs. 3 3,9 48 3 9 ,5 1 3 50 679 O il, la r d ......... ........... . . ...................bbls. worsted dress goods as the result of new business and in 1 2 ,5 5 6 1 2 ,4 7 7 execution of back orders. Flannels, blankets, shawls and P ea n u ts........... .............. 1 0 ,5 7 6 cloth skirts were severally quiet, as usual at this stage of the P rovrision s — ............... ...................pkgs. 11,983 2 ,735 P o k ............. 3 ,5 4 6 7 2 ,5 0 5 B e e f.............................. .................. pkgs. season, but prices are generally steady. Carpets were in 9 7 ,8 48 C u t m e a t s .................. .................. pkgs. 1 02,453 7 7 ,5 6 6 moderately good demand, and current quotations are firmly B u tte r.......................... ...................p kgs. 5 0 ,1 72 6 3 ,7 7 3 C h e e s e ....................... ...................Pkgs. maintained by agents. 2 9,581 4 3 ,5 5 6 E g g s ............................. 2 9 ,3 13 4 4 ,1 5 1 L a rd ............................ F o r e i g n D r y G o o d s . —The demand for imported goods at 15,6 19 2 3 ,2 1 3 L a r d ............................ first hands was moderate, and the movement on account of 1 5 ,6 85 1 1 ,9 8 9 H o gs, d re sse d ........... 9 ,219 1 0 ,7 4 6 R ic former transactions ieached a fair aggregate amount. Dress S p eel.................................. 2 ,1 9 4 2 1 ,9 33 t e r .......................... ptrga. r 33 t 1 ,0 0 8 fabrics were in fair request, but silks, velvets and satins have S t e a r in e ........................ 3 78 not shown much animation, and men’s-wear woolens ruled S ugar............................... 2 49 1 ,2 2 8 6 ,875 3 ,8 7 0 quiet. Linens and white goods, also hosiery and gloves, were T a llo w ............................. ...................pkgs. 7 ,1 6 6 5 ,7 9 8 fc T o b a c c o .......................... . b o x e s < cases. 3 ,2 7 7 7 ,9 6 4 distributed in very fair quantities, and large lines of embroid T o b a c c o .......................... 15,312 2 1 ,8 8 0 W h isk e y ......................... eries and laces were disposed of to fair advantage through the W o o l................................ 2 ,9 0 7 3 ,3 7 3 auction rooms. 194 THE CHRONICLE (üntmâinu aud ffo r e ifln g an L s a n d 'S a u t t e r s , CANADIAN. F O R E IG N . Bank o f Montreal. C A P IT A L , - - SURPLU S, - - - Heinemann & C o., N o«. 59 TORE Sc 6 1 O F F IC E : W ALL STREET, WALTER WATSON, \ » A l k x ’r L a n g , ) A ge n ts. Buy and Sell Sterling Exchange, Francs and Cable T ransfers; grant Commercial and Travelers’ Credits available In any part o f the W orld ; Issue drafts on, and make Collections In, Chicago and throughout the Dominion o f Canada. L o n d o n Office, N o . 2 2 A b c h u r c h L a n e . 62 Gresham House, E. C., C A P I T A L (p a id n p ), SURPLU S, - - - - H. 8. HOW LAN D, Pres’t. D. H E A D O F F IC E , - - - $ 1 ,5 0 0 ,0 0 0 $ 5 0 0 ,0 0 0 K. W ILK IE , Cashier. TORONTO. B R A N C H E S IN O N T A R IO . Essex Centre. Fergus. Galt. Ingersoll. Niagara Falls. Port Col borne. St. Catharines. St. Thomas. Toronto. Toronto, Yonge St. Welland. W oodstock. B R A N C H E S IN N O R T H W E S T . Winnipeg. Brandon. Calgary. Agents In London : New York : Lloyd’s. Barnett’s & Bos- BAgents in M o n t r e a l , a n k of anquet’s Bank, limited, Promptest attention paid to collections payable in any part o f Canada. Approved Canadian business paper discounted at the Head Office on reasonable terms, and proceeds remitted by draft on New York. Dealers In American Cur’y and Sterling Exchange. M e r c h a n t s ’ Bank HEAD O F F IC E , M O N T R E A L . GEORGE HAGUE, General Manager. W .N . ANDERSON, Assistant Gen’l Manager. BAN KERS: LONDON, ENG.—The Clydesdale Bank (Limited.; NEW YORK—The Bank o f New York, N. B. A . The New York Agency buys and sells Sterling Ex change, Cable Transfers, issues cred'ts available in all parts o f the w orld; makes collections in Canada and elsewhere and issues drafts payable at any of the offices o f the bank in Canada. Every descrip tion o f foreign banking business undertaken. KANSAS Hong Kong & Shanghai T his C om p a n y offers fo r sale a t p a r and a ccru e d in t e r e s t its C O R P O R A T IO N . Paid-up Capital................................................ $7,500,000 Reserve Fund.................................................. 4,500,000 Reserve for Equalizationo f D ivid en ds.... 500,000 Reserve Liability o f Proprietors.................. 7,500,000 The Corporation grant Drafts, issue Letters o f Credit fo r use o f Travelers, and negotiate or collect Bills payable at Bombay, Calcutta, Singapore, Saigon, Mantl'i, Hong Kong, Foochow. Amoy, Nlngpo, Shanghai, Hankow, Yokohama, H logo, San Frajn cisco and London. A - M . T D W N M K N D . A g e n t . 4 7 W i ll i a m Nr. Blake, Boissevain & C o., LONDON, E N GLAN D. Negotiate Railway, State and City loans. Execute orders for Bonds, Shares, etc., on Com mission, and transact a general Banking and Commission Business. Special attention given to the execution o f orders fo r Securities on the New York, Lon don and Amsterdam Exchanges, in corres pondence with B a OP n OF B ritish N orth A merica , N o. 52 W ALL STREET. Buy and sell Sterling Exchange and Cable Trans fers. Issue demand drafts on Scotland and Ireland, also on Canada, British Columbia and San Francisco. CIKCU U K NOTES Issued in Pounds Sterling available in all parts o f the world. COMMER C IA L CREDITS ISSUED for use In Europe, China, Japan, East and W est Indies and the Brazils, River Plate, Ac. Bills collected and other banking business trans acted. D. A . M cTAVISH, > H . ST1KEMAN, J Agents. F O R EIG N . Anglo -Californian Bank (LIMITED). L O N D O N , Head Otlioe, 3 Angel Court. S A N F R A N C IS C O Office, 422 California St. N E W V O R K Agent«, J. & w. Seliginan & Go. B O ST O N CmTeepond’t«, Massachusetts N. Bk. A u th o r iz e d C a p ita l, - - - $ 6 ,0 0 0 ,OOt P a id -u p C a p ita l, - - - - 1 ,5 0 0 ,0 0 0 R eserve F u u d , - - - - - 4 0 0 ,0 0 0 Transact a general banking business. Issue Com mercial credits and Bills or Exchange,available in all arts oi the world. Collections m i orders for Bone1, tocks, etc-, executed upon the m ost favorable term:. F K E V K F. LOW , >M “ IGN a TZ ST HIM H A R T, j • *nagers. P. h L1L N T IiA L , Cashier. § - $ 1 ,0 0 0 ,0 0 0 R O L A N D R . C O N K L IN , See’ y. W M . F . S H E L L E Y , T re a s’ r. G E O . W . M c C R A R Y , Counsel. SIX PE R CENT D E DENTURES, p a y a b le h a lf-y e a rly at th e office o f T H 3 M ER C A N T IL E T R U S T CO., N E W Y O R K . These D ebentures ru n fo r T e n yea rs, b u t w ith the o p tio n o f red em p tion at th e e n d o f F iv e years. T h e y are d ire ct ob lig a tio n s o f th e C om pany, and are fu rth e r secu red b y an eq u a l am ount of R e a l E state M ortgages o n Im p ro ve d and pro d u ctiv e R e a l E sta te w o r th fro m th ree to five tim es th e am ou nt of^the m ortga ges, h eld b y THE M E R C A N T IL E T R U S T CO., w h ich u n d er specia1 A rticle s o f A g re e m e n t a cts as T ru stee fo r the h old ers o f the D ebentures. T h e y are issued in d enom ination s o f $ 5 0 0 , $ 1 ,0 0 0 and $ 5 ,0 ) 0 T hese D ebentures are a v e r y d esirab le class o f in v estm en ts fo r E states a n d T ru st Fundsan d fo r in d ivid u a ls an d co rp o ra tio n s desiring a n e x c e e d in g ly sa fe in v e s m e n t, w ith a com, p a ra tiv e ly high ra te o f interest. W rite fo r fu rth er in form a tion an d reference to ou r office a t K ansas C ity, M o., o r to J O H N M . S H R I G L E Y , M anager, 4 1 1 W a l n u t S t., P h ila d e lp h ia . OR TO M e ssr s. M O R G A N Sc B R E N N A N , M anagers, 2 7 C u sto m H o u s e Street, P r o v id e n c e , R . I . _________ A m s te r d a m , H o ll a n d . TH E T h e A m e r ic a n I n v e s tm e n t C o m p a n y , o f TCm - Railway Share Trust Co, (LIM ITE D). N o. 4 BANK B U IL D IN G S metsburg, Iowa, with a paid-up capital o f $ 60 0 ,0 0 0 , s u r p lu s $ 7 5 ,0 0 0 , offers first M ortage Loans drawing s e v e n per cent, both P rin c ip a la n d I n t e r e s t f u lly G u a r a n te e d . A lso 6 per cent 10year Debenture Bond? .secured by 105 percent o f first Mortgage loans beld in trust by the M e r ca n tile T r u s t C o ., N, Y . Five per cent certificates of deposit for periods under one year. Write fo r full information and references to the company at 150 N a ssa u S t., N. Y . A. L . ORM SBY, ____________ Vice-President and General Manager. Farm Mortgages C a p ita l P a id U p , £ 9 7 1 ,8 6 0 S te rlin g . This Company undertakes the business o f Trustee In Sums of $100 and Upwards on In* diana and Ohio Lands. N JTHING SAFER. A L W A Y S PROM PTLY PAII\ SEND FOR PA M PH LE T. issues Loans on the London Market, acts as Agent for JO S. A . M O O R E , 84 E a s t M a r k e t S t., I n d i a n a p o li s ,la d Railways and other Corporations, either In the mat IN V E S T ter o f payments o f Interest on Loans, Dividends or> WESTERN FARM MORTGAGE CO., to Loans o f approved Railways, negotiates and or Registration o f Stocks in London, or otherwise. Cable Address—Pa VY, L o n d o n . Bank of Australasia, (Incorporated by Royal Charter, 1835.) THE - O F F IC E R S : A D O L P H BO ISSEVAIN & CO. THE k C a p ital P a id U p AND LONDON, ENGLAND. A G E N C Y C IT Y , HO. S A M U E L X I. J A R V I S , P r e s’ t. E D W I N E . W I L S O N , 1st Vice-P resH . H E N R Y P . M O R G A N , 2 d V Ice-P res’ t. N e w Y o r k A g e n c y , N o . 61 W a l l S treet. H EN RY HAGUE, JOHN B. H A RR IS, JR., J AKents* Jarvis, Conklin & Co., S o li c i t accounts and agencies o f Banks, Railways Corporations, Firms and Individuals upon favorable term s; also orders fo r the pur* chase and sale o f Bonds, Shares, Ac., Ac, on the Stock Exchange. Interest allowed on Deposits, subject to 00-days sight drafts, at Bank o f England rate, and one per cent below that rate subjeot to demand drafts. Negotiate Railway, State and City Loans. B L A K E B R O T H E R S & CO., OF CANADA. 18 W a l l S treet, N e w Y o r k , Capital, • • • $5,799,200 Paid Up. 2 8 State S treet, B o s t o n , M a s s , R e s e r v e ,.......................... $1,500,000 President, ANDREW A LLAN , Esq. Vice-President, ROBERT ANDERSON, Esq. p X o r t g a o c s . Jarvis-Conklin Mortgage Trust Co., LONDON. B A N K IN G Imperial Bank o f Canada ^ a r m 8U C C E 8S O B S T O $ 1 2 ,0 0 0 ,0 0 0 G o ld . - $ 6 ,0 0 0 ,0 0 0 G o ld . 0 . F. 8M ITH EB8, President. 9W. J. BUCHANAN, General Manager. NSW IV o l . x t ,t v 4 T li read need le S t., L o n d o n , E n g la n d Paid-up Capital, - - - - - - £1,610,000 Reserve Fund, - - - - - - £700,000 Letters o f Credit and Drafts issued on any o f the numerous branches o f the Bank throughout Aus tralia and Nev> Zealand. Bills negotiated or sent fo r collection. Teiej-r.-tphic transfers made. Deposits received in London at interest fo r fixed periods, or for transfer to the colonies on terms which may be ascertained on application. PR7DKATTX SELBY. Secretarv. BAGGING. THROUGH THE R E L IA B L E SOU N D AND LAW RENCE. KAN. F. M. P e r k i n s , Pres’t. L. H. P e r k i n s , Sec. IVild Up C a p it a l, - $ 2 5 0 ,0 0 0 The choicest First Mortgage Farm Loans, also the Company’s Ten T ear Debentures, based upon its paid up capital and assets o f over $650,000. No losses. Eleven years’ experience, with absolute satisfaction to over 1,500 investors. Send for circulars, forms and full Information, Branch offices in N. Y. City and Albany. New York Office 137 Broadway. _____________________ 0. O. HINE & SON, Agents. Real Estate Mortgages on City and Farm Property, worth two to fou r times amounts o f mort gages, in t e r e s t 6 p e r c e n t to 7 p e r c e n t, principal and inter est absolutely guaranteed. Se curities fo r guaranty held by tha American Loan & Trust Com M IN N E A P O L IS. pany, o f Boston, Mass. Send fo r circulars to P aid-U p C apital, NEHER Ar CARPENTER, 9 2 0 0 ,6 6 0 . Bankers, Troy, N. Y . Authoriz’d Capital 9 4 ,0 0 6 ,0 0 0 . Eastern Managers fo r Company NORTH* WESTERN GUARANTY LOAN CO., W A R R E N , JONES & G R A T 7 , I m p o r t a n t N o t ic e . S T . L O U IS , M o . Manalactnrers ol Pure Jute Bagging. TO HOLDERS OF KANSAS REAL ESTATB IM P O R T E R S O F Bend to HODGES & KNOX, TOPEKA, KANSAS, Um Free Pamphlet containing the com piled L ain * f I a n m u relating to Beal Estate Mortgages. IRON COTTON TIES. MORTGAGES: Fe b r u ar y THE CHRONICLE. 5, 18o7,J ffarw gbXottgafics. v i: fluirti cattcms. Jrxxst (Companies. „ [Beady February.] Union Trust Company E Q U IT A B L E OF N E W Y O R K , Mo r t g a g e C o m p a n y . 73 Broadway, cor. Rector St., N. Y. C A P I T A I« d e b e n C A P IT A L , - - - - - - S U R P L U S ,- - - - - - - $ 6 0 0 ,0 0 0 . t u guaranteed f a r m r e s m ortgages. OFFICESt I REFERENCES! New Y ork, 208 B roadw ay. F irst Nat. B k., N ew Y ork. B o s t o n , 23 C ourt St. B oston N at. B k., B oston. Philadelphia, 112 S.4th St. *th N at. Bk. P hiladelphia. Kansas C ity, 7th& D el.S ts.lA m . N at. B k.,K ansas C ity. For r a t e s o f I n t e r e s t a n d fu l l I n fo r m a t io n sen d f o r p a m p h le t . %xns\ ©ompatxies. Mercantile Trust & Deposit C O M P A N Y , OF B A L T IM O R E . C a p ita l. A u th o r iz e d Capita«. 9 5 0 0 ,0 0 0 $ 4 ,0 0 0 .0 0 0 A uth orized t o a ct as fixer n t >r, A d m in istrator, Guardian, K ec elv er, o r T ru stee, an J is A L E G A L D E P O S IT O R Y F O R M O N E Y . A ccep ts t h e tra n sfer a gen cy and registry o f stocks and acts as T ru stee o f m ortgages o r corporation s. Takes ch arge o f property, co lle cts and rem its in terest and In com e prom ptly, and discharges fa ith fully th e duties o f ev e r y tru st kn ow n t o th e law. M oney receiv ed on d ep osit. A ll T ru st A sse ts kept leparate fr o m th os e o f th e C om pany. B urglar-proof Safes and B o x e s (havin g ch rom e Bteel d oors) t o ren t at $10 t o $100 per annum in th e ir new and elegan t ch rom e steel F IR E A N D B U R G L A R -P R O O F V A U L T S , p ro te cte d b y im proved Time L ook s. . _ _ W ills kept in va u lts w ith ou t ch arge. B on ds and Btooks, P la te and all V aluables secu rely kept u n der guarantee a t m od era te oharges. P aintin gs, Statu ary, B ronzes, e tc., k ep t In fire -p ro o f vaults. JOHN G I L L , W . W . SPEN C E, L . C. F IS C H E R P resident. V ic e -P r e s t . Treas. & Sec. D IR E C T O R S : L ou is M cL an e, W. W . Spence, OhrlstianDevries R obert L ehr, W . A . T u ck er, C.Mort’n Stew art R obert Garrett, Jas. Carey Coale, Chas. D . Fisher, O liver A . Parker, Geo. P . T hom as, W . H .W h ttrldge, 0. R . W illiam s, J . A . H am bleton, Thus. D e fo r d . Andrew R eid , J o h n E . H u rst, Stew art B row n, W . H . B la ck ford , E . A . J enkins, B ernard Cahn, J .W illc o x Brown, A le x . Frank, J o h n Gill. The Union Trust C o., 611 A N D 613 C H E S T N U T STREET, P H IL A D E L P H IA . A uthorized C apital............................................... $1,000,000 Paid-up C a p i t a l . . . . . . . . . . . . ................................. 500,006 A c ts as E x e cu to r , A d m in istrator, a ssinmee, e t c . and e x e c u te s trusts o f every description k n iwn to A ll tru st assets kep t separate fr o m th o se o f th e Company. _ ___ B u rg la r-P r oof Safes t o ren t a t $5 t o $60 per annum . W ills k ep t in vau lts w ith ou t charge. B onds, S tocks and o th e r valuables taken under guarantee. _ . . . __ P aintin gs, Statuary, B ronzes, e tc ., k e p t in F ireP ro o f V au lts. M on ey r ec eiv ed on deposit at interest. J AS. L O N G , P res’t. JO H N G. R E A D IN G , V .-P r e s ’t. M A H L O N 8. S TO K E S, T reasurer A S ecretary. D . R . P A T T E R S O N , T ru st O fficer. D ir e c t o r s .—Jam es L on g , A lfr e d S. G illett, J oseph W right, D r. Charles P . T urner, W illiam S. P rice, J o h n T .M o n r o e , W . J . N ead, T h om as R . P a tton .J oh n j G R eading, W m . H . L ucas, D . H a ye s A gn e w , M .O . Jos. I . K e e fe , R ob er t P a tterson , T h e o d o r C. E ngel, Jaoob N ayler, T h os. G. H o o d , E dw ard L . Perkins, W illiam W atson , P h il a d e l p h i a ; Sam uel R iddle, Glen R id d l e , P a.; D r. G eorge W . R eily , H a r r i s b u r g , P a . J. Sim pson A frica , H u n t in g d o n ; H en ry S. E ck ert, R e a d in g ; E dm u nd S. D o ty , Mif f l in tow n ; W . W . H . D avis, D o y l e -(to w n ; R . E . M on _________________ aghan, W est Ch e s t e r . - The Brooklyn Trust Co., C or. o f M on tagu e and C lin ton Sts.,B rook lyn , N .Y . T h is com p a n y is authorized b y special ch arter t o act as r eceiv er, tru stee, g uardian, e x e c u to r o r adm in istrator. I t ca n a ct as a gen t in th e sale o r m an agem ent o f real estate, c o lle c t in terest o r dividen ds, r e c e iv e r e gistry and tra n sfer b ook s, o r m ake purchase and sale o f G ov ern m en t and o th er securities. R eligiou s and ch arita b le in stitu tion s, and persons un accustom ed t o th e tra n saction o f business, will find this C om pany a s a fe and co n ve n ie n t d ep ository for m on ey, R I P L E Y R O P E S , P resident. E D M U N D W .C O R L IE S , V ic e -P r e s ’t. TRUSTEES: Joslah O. L o w , A lex . M . W h ite , A. A . Low , A lex . M cC ue, Mlch’l Chauncey, W m . B , K en dall. E . F . K n ow lton , H ’ y K . Sheldon, J oh n T . M artin, C . D. W o o d , F red. Crom w ell, W m .H .M a le , J oh n P . R o lfe , R ip ley R opes, E . W . Corlies. A bram B . B aylis, H . E . P ierrep on t, H . W , M axw ell, J a m e s R o s s Cu r r a n , Secretary. _____________F r e d e r ic k C. Colton . A ss t. S ec’y . American Loan & Trust Co, 113 B R O A D W A Y , NEW Y O R K . Capital, Fully P aid.......................8 1 ,0 0 0 ,0 0 0 T H IS C O M P A N Y T R A N S A C T S A G E N E R A L L O A N , T R U S T A N D F IN A N C IA L B U SIN ESS. R e ce iv e s M on ey on D eposit s u b je ct t o ch e ck , and allow s In te re st on b alances. A ll C hecks pass th ro u gh th e Clearing-house. M A K E S IN V E S T M E N T S O F M O N E Y . A C T S A S E X E C U T O R . A D M IN IS T R A T O R , G U A R D IA N , T R U S T E E , ETC. A L S O , A S R E G IS T R A R A N D T R A N S F E R A G E N T . A n A u th o riz e d D e p o s ito r y f o r C ourt and C ounty T reasurers’ Fund. R O W L A N D N. H A Z A R D , P residen t. G E O R G E S. H A R T , V ice-P resid en t. W I L L I A M D. S N O W . S ecretary. J A M E S S. T H U R S T O N , T reasurer. D IR E C T O R S : G eorge H. P o tts , W a l l a c e C. A n d r e w s , JO H N L . M A C A U L A Y , IR A D AVEN PORT, JAMBS M. VARNUM, WILLIAM D. SNOW, J ohn I. B l a i r , J ohn d . K im m e y , E d w a r d F. Br o w s in g , F r e d e r ic A . P o tts , R o w la n d N. H a z a r d , J o h n R oss , G eo rg e S. H a r t , A l e x a n d e r G. B l a c k , W m . B. d in s m o r e , F r a n k C. H o l l in s , E l ia s L e w is , J r ., T h o m a s L. W atso n , J u le s A l d ig é , E l ia s C. B en e d ic t , Ste v e n son B u r k e , W il l ia m P. A n d e r so n . United States Trust Co. OF y a w P A I D U P C A P I T A L , $ 1 ,0 0 0 ,0 0 0 . D esignated as a legal D epository by order o f Bn preme Court. R e ce iv e deposits >t m oney on interest, act as fiscal o r tra n sfer agent, o r trustee fo r corpora tions, and a ccep t and e x e c u te any legal trusts fr o m persons o r corporation s o n as fa v o ra b le term s as other sim ilar com panies. T H O M A S H IL L H O U 8 K . P resident. F K E D E R IC D . T A P P E N , V ic e -P ’-ostdeot. W A L T E R J. B R I T T I n . Secretary. YO R K . No. 4 9 W A L L S T R E E T . C a p ita l a n d S u r p lu s , - - - $ 6 ,0 0 0 ,0 0 C T h is c o m p a n . is a legal depository forY noneys pait Into cou rt: and la authorized t o a c t as guardian ox ^rU8IN T E R E 8 T A L L O W E D ON D E PO SITS, A w h ich m ay be m ade at any tim e, and w ithdrawn afcoi five days* n otice, and will be en titled t o interest fox th e w h ole tim e th e y m ay rem ain with th e com pany E xe cu to rs, adm inistrators, o r trustees o f estates and fem ales u n accustom ed t o th e transaction o f busi ness, as w ell as religious and ben evolen t institutions will find th is com pany a con ven ien t depository fOJ m oney. JO H N A . S T E W A R T , P resident. 1 m W I L L I A M H . M A C Y , V ice -P re sid e n t * J A M E S S. C L A R K , Second V ic e -P r e s ' Financial Review. (ANNUAL.) 1 S 8 A YEAR V . BOOK. OF FINANCIAL INFORMATION FOR Bankers, Stock Brokers, Merchants, Investors* C O N T E N T St R e tr o s p e c t o f 1 8 8 6 . m e rc a n tile F a ilu r e s . B a n k in g a n d F i n a n c i a l U n ited States—N a tion a l B an k F igu res and C u rren cy M ovem en ts. N ew Y o r k C ity—B an k R etu rn s, &e. L ond on—M o n e y M a rket and B an k R etu rn s. C o m m e r c ia lU n ited States—F o reig n C om m erce, T ra d e B a la n ce , U. S. E x p o rts and Im p o r ts o f L e a d in g A rticle s. L on d on —R e v ie w o f y e a r, B a n k R etu rn s, &o. T h e m oney M a r k e tIn flu en ces, a n d P rice s o f C all L oa n s an d C om m ercia l P a p e r sin ce 187 9 . G o ld a n d S i l v e r P rod u ctio n , C onsum ption, E x p o r ts a n d I m p o rts o f G old an d S ilv er in th e U n ited States a n d a broad . F o r e ig n E x c h a n g e M a rk et a n d P rice s in N ew Y o r k , 1 87 1 -1 88 6 . I n v e s tm e n ts a n d S p e c u la tio n — C om p ou nd In te re s t T a b le , S h o w in g Accu m ula tion s o f M o n e y in a Series o f Years. T a b le S h ow in g th e R a te P e r C eut Realized o n S ecurities P u rch a sed a t d ifferent prices (w ith o u t re g a rd to d a te o f m a tu rity .) S tock S p ecu la tion in N ew Y o rk . U n ited S tates D e b t a n d S ecu rities— D e b t o f th e U n ited S tates, 1791 -1 88 6 . P rice s o f U . S. B o n d s, 1 8 6 0 -1 8 8 6 . S tate D e b ts a n d S ecu rities— S tate D e b ts a n d Im m u n ity fro m P ro s e cu tio n . P rice s o f S tate S ecu rities. 1 8 6 0 -1 8 8 6 . R a ilr o a d s a n d th e ir Secu rities— R a ilro a d S tatistics o f th e U n ited S ta tes. R a ilro a d E arnings. P rices o f R a ilro a d B o n d s, 1 8 8 2 -1 8 8 6 . T h e N ew Y o r k S tock M arket, 1 8 8 1 -1 8 8 6 . S took Q u ota tion s N. Y . E x o h ., 1882-1886. S tock a n d B o n d q u o ta tio n s in B o sto n E x ch a n g e in 188 6 . “ . « P hila. in 1886. “ “ B a lt, in 1886. TRUSTEES: D an. H . A rn o ld , D . W illis Jam es, R o b t.B . M intnrn, T h o s. S loeom b, J o h n J . A sto r, G e o . H . W arren, Charles E . B ill, J o h n A . S tew art, G eorge Bliss, W ilson G . H u n t, S .M .B ucki’gham , W illiam L ib b e y , W m . H . M acy, H . E. L aw ren ce, J oh n C. B row n, C linton G ilbert, Isa a c N. P helps, E dw ard C ooper, D aniel D . L o rd , E rastus Corning, W .B a y ’rdC nttlng Sam uel Sloan, S. B. C h ittenden , Chas. 8.. Sm ith, Jam es L o w , J o h n H .R h o a d e s , W m . R o ck e fe lle r, W m . W . Phelps, A n s o n P . Stokes, A le x . E. Orr. H E N R Y L . T H O R N E L L , S ecretary. L O U IS G . H A M P T O N . A ssista n t S ecretary. E S T A B L IS H E D 1865. Metropolitan Trust C o., E uge ne M illc B u ild in g, 8 5 W all S t., N ew Y ork $ 1 ,0 0 0 ,0 0 0 $ 2 ,0 0 0 ,0 0 0 A u th orised t o a ct as E x e cu to r , A d m in istrator G uardian, R e ce iv e r, o r T ru stee, and is A L E G A L D E P O S IT O R Y F O R M O N E Y . A cce p ts th e tra n sfer a gen cy and registry o f stocks, and acts as T ru stee o f m ortgages o f corporation s. A llow s interest on d eposits, w h ich m ay be m ade at any tim e, and w ithdraw n on five days’ n o tice , w ith interest fo r th e w h ole tim e th e y rem ain w ith th e com p an y. F or th e co n v e n ie n c e o f d epositors this com p a n y also open s cu rren t a ccou n ts s u b je ct, in a ccorda n ce with its ru les, to ch eck at sight, and allow s interest upon th e resulting daily balances. Such ch eck s pass through t h e C learing H o u se . TRUSTEES: W m . W h ltew righ t, Jam es M . M cL ean , H enry A . K en t, A m b ro se C. K ingsland, R . T . W ilson , Jam es H . O gilvie, W m . F . R ussell, 8. T . Fairchild. C. D . W o o d , I . H . Frothlngham , Jam es N. P la tt, G eorge A . Jarvis, D . C. H ays, C. V an d erb llt, James F orsyth , A . A . L ow . G eorge C abot w a r d , G . G . W illiam s, Edward K ing, R . G . R em sen , E. B . W e sle y , J . B . Joh n ston , D . H . M c A lpin, E dw ard Sohell, G e o r se B. C arhart, A m asa J. P arker, H e n r y S tokes, Sam uel F. B arger, R o be rt L e n o x K en n ed y, G eo. C. M agoun. E X E C U T IV E C O M M IT T E E : W m . W h ltew righ t, G . G . W illiam s, Jam es M. M cL ean , E . B . W e sle y , J .B . Jo h n sto n , C. D . W o o d , D. C. H a ys, A . C. Kingsland. E D W A R D K IN G , P resid en t, __ „ J A M E S M . M C LE AN , First V lo e -P re s’t. J A M E S H .O G I L V IE , S econ d V ic e -P r e s ’t. A . O. R O N A L D S O N . S ecretary. t h e S T A T IO N E R R. Cole, AND P R IN T E R . Supplies B anks, B ankers, S tock B rokers a nd Corpo rations w ith co m p le te outfits o f A c c o u n t B ook s and S tation ery .. , p r N ew con cern s o rgan ising w ill h a v e th e ir order* prom p tly ex e c u te d . No. 1 W IL L IA M STR EET, (H A N O V E R S Q U AR E D Price of the Review, bonnd In cloth, To Chronicle Subscribers, - - - - 89 OO 1 SO W IL L IA M B . DANA & CO., P U B L IS H E R S , 7 9 dc 81 W i l l i a m S treet, N e w Y o r k . Chronicle Volumes S IN G E 1 8 7 0 . Any office possessing these volumes since 1870 has at hand for convenient reference a complete and re liable financial history of the period. Parties having the more recent volumes can obtain front the pub lishers most of the earlier volumes, or oomplete sets can be furnished. W I L L I A M B . D A N A dc C O „ 79 A 81 WILLIAM S T R E E T ,N E g l ^ B k ▼fil THE CHRONICLE. Wviblicntious. g a i n i n g . [V ol . xLiy, Î U L tt t a u jc je . NOW R E A D Y. COLORADO CENTRAL HAND-BOOK Consolidated OF Railroad Securities. Price in Bed Leather Covers, • • $1 00 To Subscribers of the Chronicle, 75 79 B . DANA A & 81 W IL L IA M Co. 48 E X C H A N G E PEACE. P a u l L ic h t e n st e in . h . r . ba ltze r, _ President, Vice-President, R. V . M a r t in s k n , w . E. Ma n t iu s , Treasurer. Secretary, G. W . H a l l , Sup’t. JAN U AR Y, 1887. W IL L IA M Mining C O ., STREET, NEW YO RK . L i t t e l l ’s L i v i n g A g e . George Eustis & Co., B A N K E R S. C IN C IN N A T I. O H IO . M&nmships. OFFICE OF THE A T L A N T I C Viutual Insurance Co., N E W Y O R K , J a n u a ry 2 4 ,1 8 6 7 . T h e T ru stees, In co n fo rm ity to th e C harter of the C om p a n y , su b m it th e foU ow ln g Statem ent o f Its affairs on th e 3 1 st D e ce m b e r, 1886: Prem ium s o n M arine R isk s fro m 1st J an u a ry , 1 88 6 , t o 3 lB t D e cem b er, 1 8 8 6 .......................... $ 3 ,8 0 9 ,2 5 0 53 P rem ium s on P o licies n o t m arked off 1 st Ja n u a ry , 1 8 8 6 ................. 1 ,4 2 6 ,0 4 9 46 « TNi 1 8 8 7 T H E L IV IN G i -*- AGE enlters upon its fortyONLY fourth year, having met with con tinuous commendation and suc cess. T o ta l M arine P rem iu m s........ $ 5 ,2 3 5 ,2 9 9 9 9 A W E E K L Y M A G A Z IN E , fit gives fifty -tw o numbers o f P rem ium s m ark ed off fro m 1st [sixty-four pages each, or more (than GENERAL TRANSATLANTIC CO. J an u a ry , 188 6 , t o 3 1 s t D ecem TH R EE AND A QU ARTER B e tw e e n N E W Y O R K a n d H A V R E , THOUSAND b er, 1 8 8 6 ........................................... $ 3,8 1 7 ,6 9 9 86 |double-column octavo pages o f From Pier (new) 48, North River, fo o t o f Morton St, I reading matter yearly. It preL osses p a id d u rin g th e sam e Isents in an inexpensive form, ____ Iconsidering its great amount or p e r io d ................................................. $ 2 ,2 0 8 ,1 88 68 matter, with freshness, owing to its weekly issue, and with a completeness nowhere else attempted, R etu rns o f P rem iu m s an d E x The best Essays, Reviews. Criticisms, Serial and ran way and the discomforts o f ’crossing the Chanifei p en ses................................................ $ 8 4 1 ,8 7 8 15 Short Stories, Sketches o f Travel and Dis 111 In a Biua.ii boat. small uuuu covery, Poetry, Scientific, Biographical, PRICE OF PASSAGE (including wine):—T o Havre— P r ic e of P a s s a g e Historical and Political In tormation, F First.cabin, 8100 and *80; second cabin, $60; steer T h e C om p a n y has th e fo llo w in g A ssets, vix.: from the entire body o f Foreign age $22—including wine, bedding __________ ____I and utensils. R e age, Periodical Literature. at much reduced rates. Cheeks onBanatTe U nited S tates an d S ta te o f N ew It is therefore Invaluable to every American read turn tickets lque, Havre and Paris,In amounts to suit. Y o r k S tock , C ity, B an k and er, as the only satisfactorily fresh and COMPLE i'E Transatlant compilation o f an indispensable current literature— S pecial T r a in f r o m H a v r e to P a r le . o th e r S tock s...................................... $ 9 ,3 8 2 ,3 7 5 00 indispensable because it embraces the productlous o f the The Compagnle Generale T r a n s a t la n t ic delivers L oans secu red b y S tocks and at its office in New York special train tickets from o th e rw ise......................................... 7 0 7 ,1 0 0 00 Havre to Paris. Baggage cheeked through to Paris ABLEST LIVING WRITERS without examination at Havre, provided passengers R eal E sta te and C laim s d u e th e have the same delivered at the Company’s dock in C om p an y, estim ated a t ............... 5 0 1 ,6 4 7 81 in all branches o f Literature, Science, Politics and New York, Pier 42 North River, fo o t o f Morton 8t.. A rt. at least two hours before the departure o f a steamer* Prem ium N otes a n d B ills R e OPINIONS« ce iv a b le ............................................ 1 ,5 6 8 ,1 3 4 20 L O U IS D E B E B I A N , A g e n t, Published w e e k l y at (8 a year, free o f postage. Cash In B a n k ...................................... 2 8 5 ,2 5 4 68 N o. 3 B o w lin s G reen. W TO NEW SUBSCRIBERS for the year 1 8 8 7 , remitting before Jan. 1, the numbers o f 1886 issued A m o u n t.........................................$ 1 2 ,4 4 4 ,5 1 1 69 a fter the receipt o f their subscriptions, will be sent gratis. Q u s u x k u c z . B IT P E R C E N T IN T E R E S T o n th e outstand C lu b P r i c e s f o r t h e b e s t H o m e a n d in g certifica tes o f p rofits w ill b e p a id to the F o r e ig n L it e r a tu r e . holders th e re o f, o r th e ir le g a l rep resentatives, [“ Possessed o f T h e L iv in g A ge and one or other on an d a fte r T u esd a y, th e 1 st o f F e b ru a ry o f our vivacious American monthlies, a subscriber T H E O U T S T A N D IN G C E R T IF IC A T E S of will find himself In command o f the whole situation.” —Philadelphia Eveniny Bulletin.'} the issue o f 1 88 2 w ill b e re d e e m e d a n d p a id to “ To have T h e L iv in g a g e is to hold the keys o f th e h old ers th e re o f, o r th e ir le g a l rep resen ta the entire world of thought, o f scientific investiga IN T H E C I T Y O F N E W Y O R K . tion, psychological researcn, critical note, o f poetry tives, on and a fte r T u e sd a y , th e 1 st o f F ebruary and rom ance." * * * “ i t has never been so bright, (ORGANIZED IN 1850.) n e x t, fro m w h ich d a te a ll in terest th e re o n w il so comprehensive, so diversified in interest, as it is to-day.’’—Boston Traveler. 261, 262 & 263 Broadway, New York. oease. T h e certifica tes to b e p ro d u c e d a t the “ It is one o f the publications that intelligent peo tim e o f p a y m e n t and oanoeled. ple regard as practically Indispensable. From its G. H . BURFORD, President, pages one learns what the worm is thinking about.’ ’ A D IV ID E N D O F F O R T Y P E R C E N T Is * * “ It is an education in itself, as well as an 0. P. F b a l b ig h , See’y. A . W h e e l w r ig h t , Ass’t Sec. d ecla red on th e n e t ea rn ed p rem ium s o f the entertaiment."—Hartford GowraZt. W m . T. St a n d e n , Actuary. C om pany, fo r th e y e a r e n d in g 3 1 st D eoem ber, “ It contains nearly all the good literature o f the tim e.” * * * • There is nothing noteworthy in • All the profits belong to the Policy-holders exclu 1886, fo r w h ic h certifica tes w ill b e issued on science, art, literature, biography, philosophy, or sively. and a fte r T uesd ay, th e 3 d o f M a y n e x t. religion, that cannot be found in it.’’ * * * “ i t is a iltrary in itself.” —The Ohurchma, ZNew York. All Policies issued by this Company are in d is p u t B y o rd e r o f th e B oa rd , “ It may be truthfully and cordially said that it a b l e after three years. never offers a dry or valueless page.” —New York All Death Clinms paid w it h o u t d isc ou n t as soon J . H . C H A P M A N * S ecreta ry. Tribune, * or *10 50, T h e L iv in g A ge and any one o f the as satisfactory proofs have been received. American *4 Monthlies (or Harper’s IVeeldv or Bazar) This Company issues all form s o f Insurance, In will be sent for a year, post paid; or, for *0 50, T h e cluding Tontine and Limited (Non-Forfeiting) Ton L iv i n g A ge and tne ¿x. Nicholas. Address. tine. T R U S T E E S ) L T T T E L L dr C O ., B o s t o n . One month’s grace allowed In the payment o f Premiums on Tontine Policies, and ten days’ grace W illiam D . M organ, oo all others, the Insurance remaining in full force J. D . J on es, during the grace. W. H . H . M oore, C harles H . M arshall, Absolute security, combined with the largest liber A . A . R a v e n , F re d e rick H . Oossltt, ality, assures the popularity and suooess o f this com Jam es L o w , W illiam B ry c e , pany. W m. Sturgis, J o h n E llio tt, GOOD AGENTS, desiring to represent the Com B enjam in H . F ield , J am es G . D e F orest, pany, a-e invited to address J. S. G AFFNEY, Super J osiah O. L o w , C harles D . L e ve rio h , intendent o f Agencies, at Hom e Office. E dm u nd W. Corlles, J o h n L. B ik er, R o b e rt B . M in turn, N. D e n to n Sm ith, WELDEl) CHUOME M’EEL AND IKON W illiam D e g ro o t, G e o rg e B liss, In Hound and Flat Bars, and 5 ply Plates and Angler Isa a c B ell, F O R S A F E S , V A U L T S , «fee. LIFE ASSURANCE SOCIETY, H ora ce G ray , W illiam E . D odge, E d w a rd F lo yd -J o n e s, Cannot be Sawed, Cut or Drilled, and practically 1 20 B R O A D W A Y , N E W Y O R K . Burglar- Proof. W illiam H . M a ey, A n so n W . H ard, H E N R Y B . H Y P E , P re sid e n t. 0. A. H and, CHROM E STEEL W O R K S, T h om a s M aitland, ASSETS J a n u a r y 1st, 1888................ $66,558,387 50 Joh n D . H e w le tt, C irculars F ree. K K O O K L V N , N. Y . J oh n E d g a r Johnson, LIABILITIES, 4 per cent Valuation .. 52,691,148 8 7 W illiam H . W ebb, Ir a B u rsley, SURPLUS................................................ $13,862,28» 18 C harles P . B u rd ett, Jam es A . H ew lett, (S u r p lu s o n N . Y . S ta n d a rd 4*2 p er c ent H en ry E . H a w le y , G e o rg e H . M a cy. in terest, $ 1 7 ,4 9 5 ,3 2 9 ,4 0 .) .. Surplus oyer Liabilities, on everystandard of valua- A d o lp h L e m o yn e , tion larger than that of any other L ife Assurance Com pany. JOHN D. JONES, President. * y A ss u r a n c e in 1885..................... $96,011,378 oo GOLD MEDAL TAR IS EXPOSITION-1878. Ou t s t a n d in g a s s u r a n c e ..................857,338,246 oo W. H. H. MOORE, Vice-President. Total paid Policy-H olders in 1 8 8 5 .:.... 7,138,689 60 PERFECT OF PENS Paid Policy-Holders since Organisation 8&211.175 86 A. A. RAVEN, 2d Vice-Pres’ t. Income in 1885.......................................... 16,590,05381 Direct Line to France. The United States Life Insurance Co. SECURE B A N K VAULTS. EQUITABLE STEEL PENS Ff b b u a e y i B , NE A N D I N L A N D I N S U R A N C E MUTUAL in s u r a n c e c o m p a n y dotto**. C o lim i. J u s t t v a t u c je . COMMERCIAL IX THE CHRONICLE. 5, 18 7. J Williams, Black & C o., Mohr', Hanemann& C o., BANKERS AND COMMISSION MERCHANTS, 1 , 12 WALL STREET, NEW YORK. W IL L IA M COTTON STREET, NEW YORK. ASSETS: Xr and other Stocks and Bonds, Loans •n Cash In Banks.......................• •.•• <s” ,,40d d • pfemium Notes, Cash Premiums, Re-insurance and other Claims ...................... 65,220 75 Sp e c i a l ORDERS EXECUTED IN N E W YO R K , CHICAGO, N EW OR LEANS, ST. LOUIS, LIVERPOOL, H A Y R E , Ac. iXHMAN, St e r n A Co., New Orleans, La. life i n s u r a n c e c o m p a n y , 156 & 158 BROADWAY. NEW YORK, H ENRY STOKES, President. From Philadelphia Inquirer, Jan. 80.1884. The new plan o f the Manhattan L ife Insurance romnany continues to meet the popular favor. It wmbiues the protective feature o f life insurance ,lth the investment feature o f the endowment th year, which gives the assured the option at the e ¿d of the period o f taking the endowment in cash .. of continuing one insurance for a much larger unount without any further payment o f premium tadeuendsut o f the condition o f health at the time ESTABLISHED IN 1S5J C otton F actors AND C O M M IS S IO N Crenshaw & Wisner, 71 W A L L S T ., N E W Y O R K , M ERCH AN TS, ¿embers o f the Cotton, Coffee and Produce E xch’f . AGENCY OV THE H A X A L L C REN SH AW CO., RICHMOND, VA. Standard Brands o f Flour for Shipment to Warm Climates always on hand. ORIENT GUANO M ANUEACT’G CO., ORIENT, L , I. Standard Superphosphates. SULPHUR M IN ES COMPANY OF V IR G IN IA . AND Price, Reid & C o., NORFOLK, VA. Cotton Brokers & Commission Merchants. Liberal advances made on Cotton consignments. Special attention given to the sale o f cotton to ar rive or In transit for both foreign and domestio mar kets. Orders for Future Contracts executed in New York and Liverpool. M ERCHANTS, No. 40 EXCHANGE PLACE, M E M B E R S O F T H E C O TTO N , O O F F E E A N D PRODUCE EXCHANGES. U p -to w n O ffice , No. 204 Ch u r c h St r e e t , N e w Y o r k .. Orders executed at the Cotton Exchanges In New York and Liverpool, and advances made on Cotton and other produce consigned to us, or to our corresondents in Liverpool: Messrs. L. Rosenheim A ons and A . Stern A Co.; In London, Messrs. B Newgass A Co. Henry Hentz & C o., COMMISSION Manufacturers and Dealers In :O T T O N SA ILD U C K And ail kinds o f OTTON CANVAS, FELTING DUCK, CAB COVBRING, BAGGING, RAVENS DUCK, SAIL TWINES, AC., “ ONTARIO” SEAMLESS BAGS, “ AW NING STRIPES. U N IT E D S T A T E S B U N T IN G CO. C o tto n E x c h a n g e B u ild in g , N e w Y o r k . Special attention given to the purchase and sale o f FU TU RE CONTRACTS la New York and Liverpool. R . Macready & C o., MERCHANTS C O T T O N St the NEW YO RK , LIVERPOOL AND NEW OR LEANS COTTON EXCHANGES. Also orders for COMMISSION M ERCHANTS, COTTON COTTON BROKERS, AUGUSTA, G E O R G IA . Entire attention given to purchase o f COTTOi TO ORDER for SPINNERS and EXPORTERS. Corre spo n d en c e So licite d . Rkferencbs.—National Bank o f Augusta, Gr. Henry Hentz A Co., Commission Merchants, New fork: William B. Dana A Co., Proprietors Comm . r cul h f in a n c ia l Ch r o n ic le , and other New Yorl Rouses. F. Hoffmann, COTTON BROKER AND AGENT, at the NEW YORK COFFEE EXCHANGE, and G R A IN AND PROVISIONS at the NEW YORK PRODUCE EXCHANGE and the CHICAGO BOARD OF TR AD E. Co r r e sp o n d e n t s : Messrs. Smith, Edwards A Co., Cotton Brokers, Liverpool. _ „ , jag. Lea McLean, New Orleans. Cotton, Coffee, Grain and Petroleum Bought and ¿old fo r Cash, or carried on Margin, on the various Exchanges In New York City. J. C. Graham & C o., 19 S o u th W i l l i a m St. At 51 S ton e S t ., Rountree & C o., NEW YORK. COMMISSION MERCHANTS, COTTON. COTTON EXCH AN G E, N E W Y O R K , and NO RFO LK. V A. COTTON, G R A IN . PROVISIONS, Stocks and Petroleum. Orders executed in New York, Chicago and Liv erpool. All grades o f cotton suitable to spinners’ w Ants offered on favorable terms. J o h n ;L. B u l l a r d . BUYERS FOR AMERICAN M IIXS. S e lm a , Bullard & Wheeler, and N ew Y o rk . COMMISSION MERCHANTS, COTTON COMMISSION MERCHANTS N o. 1 23 P E A R L ST., N E W Y O R K . NEW YORK. ALSO B A G G IN G AND IR O N Orders fo r future delivery o f Cotton executed in T IE S , (FOR BALIN G COTTON). New York and Liverpool: also fo r Grain and Pre visions in New York and Chicago. Dennis Perkins & Co., 1 2 5 P e a r l Street, N e w Y o r k . Orders for Spot Cotton and Futures promptly executed. Geo. Copeland & Co., COTTON BROKERS, 134 P E A R L STREET, NEW YORK. W alter COTTON & G. Schroeder & 53 B E A V E R S T R E E T , N E W Y O R K . COTTON E X C H A N G E B U IL D IN G . SPECIAL A TTEN TION TO COTTON FUTURES C o., Successors to W ARB A SCHROEDER, COMMISSION ME R CHA NT S , Cotton Exchange Building, NEW YORK. Orders fo r future delivery o f Cotton executed In New York and L iverpool; also fo r Grain and Pro visions In New York and Chicago. Geo. H . M c Fadden& Bro. COTTON MERCHANTS, P H IL A D E L P H IA . F a t m a n, BROKERS, I ÏTXLOWES, JOHNSON & TILESTON, C H A R L E S B. T A U T E R , Ï COTTON MERCHANT, C O TTO N , S T O C K S , B O N D S , A c ., M o n tg o m e ry Gwathmey & Bloss, H e n r y H. W h e e l e r . 38 R U B D E L A B O U R S E . H A V R E , 25 W ILLIAM STREET, NEW YORK, Orders In “ Futures” executed at N Y. Cotton Exch. B U IL D IN G , NEW YORK. COTTON BROKERS, Alexander & Cargill, EXCHANGE C O F F E F N o . 1 0 9 D u a n e S treet. d o tim i. Cotton Commission Merchants, EXECUTE ORDERS FOR FU TU RE DE LIV ER Y Also, Agents Itoli supply, all Widths and Colors, always it stock. Robert Tannahill & C o., 8 S o u th W i l l i a m S t., N e w Y o r k . High Grade Pyrites free from Arsen lo. Brinckerhoff, Turner & C o., E x e c u t io n to th e Cotton Exchange, New Y o rk , S g a is c je lX a t L e ^ t t s . G iv e n Hubbard, Price & C o., L k h m a n , D u r r A Co., Montgomery, Ala. L E H M A N B R O ’S, a t t e n t io n OP O R D E R S FOB F U T U R E C O N T R A C T S. STOCKS, P E T R O L E U M , "^ M A N H A T T A nT B U I L D IN G , New York. COTTON, G R A IN , PROVISIONS, CO FFEE, iroittl Assets January 1,1887 ............ $693.489 18 T°tai a IRVIN G COMKS, President. „rtBY D. KING, Sec. WAIN WRIGHT HARDIE.V.P. “S - This Company issues Certificates o f Insurance, , „arable in LONDON, at its Bankers, Messrs. gKOWfs SHIPLEY & CO. COMMISSION EXCHANGE L iv e r p o o l F R E D E R IC JO H N H. Co r r e s p o n d e n t s , ZEREGA Sc CO. CL.ISBY & CO., COTTON BUYERS, M ONTGOM ERY, D T T u m a am n v T . v n v ALA. O tm iC R fl .F O R A C n if V T a f lT o w THE CHRONICLE. (tiottou. [F ebruary 5.1887. < & a tta u . W alter T. H atch. N ath'l W. T. H atch. Woodward & Stillman, W . T . Hatch & Sons, MERCHANTS, PostBuijdlng, 16 & 18 Exchange Place, •IN M A N , NEW H enry P. Hotel A rthu r Jf. Hatch, SW^ANN&Co YORK. L O A N S M A D E ON A C C E P T A B L E S E C U R IT IE S . BRANCH OFFICES { COTTON MERCHANTS, Ä S & i b S j , P ersonal atten tion given at t h e EXCHANGES tn th e purchase and sale o f STOCKS a nd BONDS tm cash o r on m argin. w D E P O S IT S R E C E IV E D —s u b je ct t o ch eck at sicht —w ith Interest upon balances. Special a tten tion paid to IN V E ST M E N T S u s a cco u n ts o f C O U N T R Y B A N K E R S . Sp e c ia l A t te n tio n to o r d e r s p o r Co n tr a c ts f o r F u t u r e D e l iv e r y op Cotton . New Y o rk , C O TTO N , A L L G R A D E S , S U IT A B L E T O W A N T S BANKERS, 14 NASSAU STREET, NEW YORK. O F S P IN N E R S Of f e r e d on T erm s to Edward H. Coates & Co., Su it . Cotton Commission Merchants, In su ra n ce. NO. 116 CHESTNUT STREET. P H IL A D E L P H IA . ANNUAL STATEM ENT OF No. 49 MAIN STREET, THE N O R FO L K , V A . SPINNERS' ORDERS SOLICITED. Provident Savings Life Assurance Society F. B A B C O C K & CO. B. OF N E W YORK C IT Y , COMMISSION MERCHANTS, 17 FOR THE YEAR ENDING DECEMBER 31, 1886. Increase During Year.- A m ou n t. IN O O H E . V e t assets January 1,1886.................................................. P rem iu m s............ .....................................................................$648,826 50 In te re st...................................................................................... 8,730 90 79 40 290,414 41 80 $874,961 94 337,667 80 Surrendered P o lic ie s ................................................... •SAM’L D. BABCOCK, 60,598 fà 129,541 18 5,461 99 13 160 290 Bethlehem Iron Comp’y 68 91 54 Dividends to policy-holders. . ............................... 200,284 73 7,866 63 L IV E R P O O L , 82 Nassau Street, New York. $287.908 19 2,606 22 P aid Claims by d ea th ............................................................. $208,218 00 " P ercentage. 657,657 49 D IS B U R S E M E N T S . S treet, $217,404 45 T ota l in com e. " W a te r R e ce iv e con sign m en ts o f C otton and oth er Prodnoa and e x e c u te orders a t th e E xch an ges in Liverpool! R ep resen ted in N ew Y ork a t th e office o f T o ta l t o p o lic y -h o ld e rs ................ T ota l exp en ses o f m a n a g e m e n t. $410,859 26 158,168 90 195,602 77 53,445 43 T otul d isb u r sem e n ts................................................... $569,028 16 249,068 20 78 N et assets D ecem b e r 81,1886................................... $304,490 28 $87.085 88 40 and 42 Wall Street, M a n ila t ta n B u ild in g , N e w York, 40 IN V E S T E D AS & Mercantile Ins. Co. FOLLOW S: U . 8. 0 6 per c e n t registered b o n d s ...................................$126,772 B on ds and m ortga ges...................................... ................... 80,600 R ailroad b on d s.................................. ..................................... 28,496 L oa n s on p o lic ie s .................................................................... 738 Cash on hand and in b an k s.................................................. 30,809 AgentB’ led ger balances (secu red ).................................... 28,041 N otes re c e iv a b le ...................................................................... _ is i 50 00 25 65 82 84 82 D e p r e d a tio n in m arket v a lu e o f U . S. b o n d s .............. OF LONDON AND E D IN BU RG H , U. S. Branch Statement Jan. 1,1886. In v ested and Cash F ire A ss e ts ..................$3,421,870 79 LIABILITIES.: $304,490 26 A d d -N et d efe rre d and u n paid prem iu m s.........$14,703 34 In teres t a c c r u e d ........................................... 1,707 43 R eserv e fo r U nearned P re m iu m s.. . . $1,199,247 42 150,887 77 R eserve f o r U npaid L o s s e s ..... 39 Other Liabilities ......................... 56,150 N et S u r p lu s ............................ 2 ,0 1 3 ,3 8 3 $16,410 77 1,848 75 1887............ Losses paid tn U. 8. in 19 years .. $ 1 0 ,3 2 0 , 1 3 8 03 U . 8. B r a n c h O f f ic e , 5 4 W il l ia m 8 t ., N. Y. C H A S . E . W H I T E , BAM . P . B L A G DEN, M anagers. JAS. F . D U D L E Y , D e p u ty M anager. $319,552 30 L IA B IL IT IE S . N ew Y ork S tate stan d ard ................. N um ber. 6,266 8,630 126,234 00 134,241 00 193:318 80 185,811 80 A m ou n t. $25,151,296 15,196,100 Actuaries 4 per cent. Suplus, N ew Y ork S ta te standard. Surplus, actuaries 4 per c e n t ........... P olicies in fo r c e January 1,1886 “ issued in 1886..................... “ term in ated from all ca u ses_ _ 9,896 1,117 in fo r c e D ee. 81,1886. .............. 8,779 Phenix Insurance Co. OF B R O O K L Y N , Office, 195 Broadway, New York Citr. $40,347,396 4,346,700 '* $36,000,696 W M , E . STEVENS, Secretary. 18 $3,421,870 76 15.062 02 G rose a s s e ti North British Statem ent o f C om p a n y 1*1 D a y o f Ja n ., 1887. S H E P P A R D IIOHANS, Pres’t and Actuary. C A S H C A P I T A L .......................................... $1,000,000 00 R e se rv e f o r unearned prem ium s........... 3,466,880 97 R e se rv e f o r unpaid lo ss e s.................. 359,197 93 N et su rplu s...................................................... 557,086 78 Cash assets............................... .............. r$5,.883,171 6* STEPHEN C R O W E L L ,p r e s i d e n t . W M . R . C R O W E L L , V ic e -P re s id e n t. P h i l a n d e r s h a w , s e cre ta ry. G E O . H . F IS K E , A ssista n t S ecretary. F R A N C IS P . B U R K E . S ec’ y L o c a l D ep’t. The Safe Deposit Co. of N e w York. Æ TNA THE FIRST ESTABLISHED IN THE WORLD. Insurance Company O FF E R S U N EQ U ALLED SE C U R IT Y . OF H A R T F O R D . R E N T S SAFES IN IT S B U R G L A R -P R Q Q FjV A U LTS. Capital.................. .................. . $4,000,000 00 RECEIVES SILVERWARE L iabilities f o r un paid losses an d re-insurance fu n d ............ N et S u rp lu s................................... ON DEPOSIT. A ssets TH E OFFICES EVERY HATE B[EEN~NEWLY IMPROVE*MENT FURNISHED WITH Jan. 2,1 1 8,61 8 19 3 ,4 5 0,22 1 37 1 , 1 8 8 7 . . . . $ 9 ,5 6 8 ,8 3 9 £3 Mo. 6§ W a ll Street, Mew York. J A S . A . A L E X A N D E R , A g e n t. A N D |S E C U R I T Y. C ommercial U nion I 4 °> *4-2 and 146 Broadway. F R A N C IS M . J E N C K S , P r e s id e n t. G E O R G E iH - V O S R , W ..... .Seeretary, A ssu ran ce C o ., l im it e r OF LONDON Office, Cor. F in e A W illiam Street», N e u W l