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R E P R E S E N T I N G T H E I N D U S T R I A L A N D C O M M E R C IA L I N T E R E S T S O F T H E U N I T E D ST A T E S .
- Eatered, according to A ct o f Congress, In tile y ear 1894, by Wm. b . Da s a & C o., in the office o f the Librarian o f Congress, W ashington, D. 0 .]
YOL.
58.
SATURDAY. FEBRUARY 8 ,
1894 .
NO.
149 4 .
The week's total for all cities shows a loss cf 40‘3 p.c. from *93,
l l u
c
C
h r o n i c l e ,
Week Ending January 27.
102 WILLIAM STREET, N. Y.
C L E A R IN G
h o u s e
xsn.
r e t u r n s
.
Jam*ary.
i»8A
jp .a .
m
f
P. Cent.
Philadelphia— . Baltimore........... ..
PUtabarg............
Wash logins..... ...
Rochester..........
Syraca.se.. — .......
Wilmington.... ...
BIsa ham te n .........
Total Middle......
C h ica g o..............
Cincinnati..
Miiwankee ..........
Detroit.- .............
Cleveland . . ... .----Colombo*,.
HnSianapoit*-. *,. ..
Peoria — ...........
Grand Rapid*... ..
Lexington..... .. ..
Saginaw....,. .... ...
Akron, ... ...... ...
Bay c#w ..............
iMmon,........
ToLM.West........
Saa fTan«i#w.... .
Portlana.............
Sait Lake Ctty... ,
tjsatUe..... . ... .....
Tkcoma. . . . . ------...
hm Atm*: ts
> .a
Helena...............
Sp& uoe.................
mmM Fail*..
Total Pacific......
SjmsmM City,.,
MlnneapoiMa.. ......
Omasa .....
St, Pam...
Denver...,
Onlcth............
fit, Joseph
mwut t i n ........ .
l>«* Mom**. .. . . . . .
Idaeoin.................
w ica it..............
Tooeaa........... ....
Frem ont....... .....
9ot.ota‘? W „......
i7*i
257Jr<L87i; 355^77,3^1—
ei,eii.23ts oMfitijnsi —7*3
57+97,510’ 68LS11+563 —s t i
36wil**4ft?! -14*1
-jss?
9.418, D ! —
M fftS
9.61SJNM
I
—
ISS
0,420,010'
4,732.5*3 —15*1
4,010,514i
4.«Xi9,«9l
3,210.1*^3:
IJteTJSSfi!
-2^5
2*>6M 8
j-: i
Kh O M
L C .O *
0,2^,041;
FJW tO
d.O .;
sm g M*}
i•
'1,205+90!
lA«j5,7tRS
8>7VS$71
S i7«v S 47J
m n .m
74j23,t-*7
41^27,401
20.1^^07i3,7PtF7*f
11.047,2^1
S,149,0241
kkfil,#Ta|
2.£.’*4.J4S'
ij07t>.SA
0*!
4<4^44jefi! -W *l
08,799,60O —
i uri
W:M4 A’‘V s r o
<ssro
5M
.«3#5.40X —
12
tl.lOiJSfO — 9
14,*$*»,.!**> — .6"#
4.057,.48*>+ 3J-S
-in
I/#* ,7*1 -11/3
*^#1,348 — tiF
■ S
J
1,135,679 —
l,20l,A**j ~4f*5
1,501,91/ -4Ba*a
4T9
97.3+01 —
710+01 -15*9
07A,€tljB7 -fl-9
—
2T7
h,*8t.7ws -pen
SOT
fjSjuwu —
—
tf#llfefci7d 4»“ft
*+10^40 — r t
a
*J©7jSt7 —1.19
3.910,f*o —79*7
i.3titk —TTl
x"ko
—
OB
un,75?,»»*5 -41*1
—1511
ihLJ53+419 *401
**,?#{+'$ — r e
fc» e
2Ii,hl9,7l7 —
41*#
'4W
.ft-2.7rtJ5-# S «
7jrTO.fiW —
l
4*3
-in
—
eBif
4,919,9-ri —
in»j
-ir fi
—
4*0'
i,!* .* .% I' -H
*% *
rtS
#0>+.47«; -la*:
-a r ’i
fit, 1.001*......... . . 105Je74.73»: 114.7*1J15f ars
hiAh/sju* —trP
New o r lean*,,..,
23*1
m'A17J909': —
jUmieviileu.^....
iA,i«k&70
Balveeton............ .
Houston....... .......
t !.43»>.«M
»- IB.3*93k*S*' - i r ;
lO.WTe.lOt — ttM
%
Richmond .............
10B 0.004
Nash vine ............
-eirs
H *»
M
Savannah., . .......
«.9/3,318 t#0 7
¥.891,^4
Memphis— ....
Ii,s9Or0*tJ;
5.72A.010
— r*
*
A'
'<
■
....
M*2^8U +k&*2
Norfolk ..... ..... ,,
MOMfid
.Delias.......... ,. .
fi.och,#s» i 45*2
-# #
Wmm..................
SjmMesj
Fort W#rt,h. , ........
*¥
k s tn u s
Mitiyati* + H
—
#7*2
Birmi ogham...... *,
WW/Ml
-50*9
•ijviJUr1
C h a t t a f »...
l^r7k>TS
f5-9
_
Jacksocviilf_ __ ,
m.ieosML - i r »
.Total »oa in.... - ,
-31*9
fotai all,.,,.,.____ 4.064JW5.9A5 &
,967
*06,M5jao: ~ 2 i'i
Cltsid* n . y .......
Toron to ......... .. ...
H alifax.......
. . . ..
T il. Canada.......
*7,900,004/'
*>. m ;*
3. 0SI
77 S iS ^ S 1
50.498,973! -IF®
—
107
L,0t4,*07 -2*2
0-3
V*Ws»St*f —
—
12*6
L
M«,(IM,777
SSA^W
^OLi
11.006,'Hit
0,564,2431
0.S51.143)
kJMJglf
5^16,90¥
|
1.8e»;587i
ses^ati»di71
310.4J7.487l
73,1^13,131
03.011,795?
7jti4k005l
4>7lJ.|ilf
3^4yO*5|
1 iefiJMof
18f4.
I C e n t.
P.
1801.
-48*0
?,505,(667
C838.517)
(15,709,350.
102,032,269
-2 3 9
-25-4
84,135.078
5.311.900
1,901,529
1.594,962
1,244,126
1,184.788
1,214,344
842/92
574,834
533,545
""9^537,748
Boston................ .....
Providence....... .......
Hartford........ .
1,574,540
U 11.137
J
1,355,802
Worcester.. . . . . . . ......
!,»a«,i.v9,3ee 1 Portland.... * • ••
i,m m *
1,379.9-9
• •
925.543
751,SOI I
Fall R iv er........
*. t
424.081.DU 1 Loweii— ........
745,539
.. ;
26.171.300 New Bedford............. j.
393,71ft
580,181
12,150,000
Total New England.. | “T O 5 B » r 117,830,435
ft.eil.XSi J
5,762. I&
O
5.429.1$: j Philadelphia
5,372.200 Pittsburg
Baltimore....
I i
3.474,550
SjSSfi^fig Washington*
Roche# ter#£d,l«,773 Syracuse
New H aven................ .
S p r in g f ie ld .. . . ....................
New Y ork.............. 2,185JsL.O!»St5«1.4*4Mt2 - a r t
B o s t o n ............... 392,792,^0 1)8,753,727 —18*1
—
SFS
Providence... ...
19,512,9A2
IS.d*5,651: ~*«T7
Hartford...—
7f£% *<m - » 5
6J :
New Haven.......
«.t 40,473:'
r.Z S
& .iii/H
l
Springfield
—
*V2
5.I27.9J3
—12*1
5,74+1*0
3.994,570j -»*2
3.fi6«.i8t
Fail River........ .
3,4^4,1791 - H 1
IL779J41
#;
Low ed..... .
^115,097':
- » “7
New B edford.......
T o ta ls. Bo*.......
-iips
457^53, W9i
Week End’g Jan. 00.
New Y ork,.. . . . . . . . . . . . .
431,445,507 839.217,128
Salt* of(Stocks. , , . .... .short*.) 0,135.370) <2,7? 9.110
(Grain.. . . . . . ..buM *.)j 05,719,000) *11,311,112
For the month o f January th e e x h ib it is as follows :
W94.
1893.
wzfHLxm
QSM&JStt
illl
—10*1
-27 1
-1 8 2
—18*S
A ll
-23*7
—
47*5
m
=g?
-28*8
-7*7
-19*9
-25*7
rir-1
-13*7
-3 6 8
-25*2
W ilm in g t o n ......
Binghamton.
Scranton *.......
Total Middle
ft,:M
n,70| j Chicago...
»,7iSMsf2 1 Cincinnati
8,774.7 49 1 Milwaukee..
M lo,coo | Detroit......
I78,04fl+?^ Cleveland
Colombo*.
Indianapolis. ....
.........
■
Grand Rapid*. .
*8ft.
Lexington.......
213.945
Saginaw., .......
183.95:
820.
HkdadJddJ Akron.
198.756
So,JM J" |
d.fi
p f t f i t j Bar Cu t
165.3*0
100,029
ji hs.f iika |Springfield. o
r*
S,4*6^»i109.000
110,
4 fife Af.? j Canton.. .... ... .
jjr
3,934.7011
,
! ,0«5 .100 j Total Middle Western j iaM*o,ora M p * O P
2
tM A m i
1
|< I
R4
13.200,582
3aa Francisoo. .
1.000.
*«$8
Portland.......*
1.000.
Sait Lake City
950,305
•*$s?
m sm l
Seattle.............
1,010,580
579.JU4.3il ' 5ih jm jm Tacoma..........
0153-89
'076,050
bo* Angel#*...,
ms,<m
319,000
Helena-• ........
JC
s.9,720
841.039
Spokane
num
99,549
8.770.471 Sion* Pali*.....
124,900
i j m S *9
|
tjKMftd Par* a * .,........20,924,022
is.ais.bfc
5w ,fift9
lSM
Total Pacific .
3Sjl9M,dl7l
20,*i»,S|3
23,570, il •
»
iS Z S
SS
Not included in ?otals.
-7 * 5
+9*9
—0*5
-1*0
Mj&W,558
10.891.'
__ ___J C ity .............
7,068.074
Mlnneapolia..... . . . . . . . |
7,742.&3l
».S*8 M»
Omaha.. . . . . . . . . . . . . . . . . .
5.550.318
St. Paai........................
5,314,05,1
*,SST,«<W
Denver...... . . . . . . . . . . . . . I
1.733.318
40»?B1F11;
30.Llft.fUO D a ia tb ......... .. . . . . . . .
1,994.700
<5.646,176 St. Joseph.. .... ........ .
1,389,405
5»z,;oj
"HM: % | m ain,ioj StoaxCHy.................... ]
t**h
804.170
Do* M o i n e s . •
015,314
4«*,BoS
L b i o o l n . •
6H8.102
.SS.SOl
7,74
W ich ita .............. .....
4*8,181
3»i,ne
*.«2ft,7?0 Topeka......................... j
73,953
tgjsw
»,S^0,«2h
4,918.030 Frem ont....... — .........L
swti^yso&i
*
kM«4.^46
Total Other w#*tern. j “ ^7C05,', 84 44,3<0,510
FJW
lljhCM
2,119,422
2r»*4+09i
24,054.845
3L543,a18 St. Loots.. . . . . . . . ..... .. { 21,417.879
12.341,585
4*001,301 j New Orleans....... .
fifMikf
8.150.816
Loahrvtiie.................... j
lii,*?3,53l j Galveston......... . . . . . . j
a s ia s
&
Hooiton.— ... —
07,020,745 Richmond......... .........
* • »
H,» 10;
00.429,930 Nashville— ................
1.658.8)7
41,354,079:
W « ,« i
82.440,175
l i ^ M l i 1 15,482,4 41 Savannah.........
Memphis....................
BMi.cm A tlanta.......... .
-*-•
172,011
«<s<y»s’
11+90.0!**
t.774,515 Norfolk............ ............
1,176.0 *
10.547,60,1 Dai la*...........................
B .tx
SO
8,l2S»v42|
»
‘i
W aco,......................... 825.000
H.57 X.0W
ii
(J9J.W4
15,144,513 Fort W orth................
556,127
277.630
(M N M
M U fir!
Birmingham........... ...
177,121
200.000
Chattanooga............
87i. 851
404.669
5,291,Ik J Jacksonville. . . . . . . . ...
s
a,Bw
a^sd«|
55,675,135 “ I tffls fM i
Total Son t h e m ...,.,.
S.et5/»48'
4,372.201
240^,005:
8 ln ,B -7 ^ 5 o ’ 1,867,988.869
Total a ll... .... ... ...
2,3.11,000
WB.Zill.H 618,701,811
Outside New York...
2M
9,2aC4»frt[ 2^1,801,871
& JM
.07O 9,4»34 ,0538.700.415
w m .tw
Montreal..................
2,122^33.668 2,vi 1,701.'.*18 Toronto
Halifax ................... .
?l t §
37,*M,9J8 Hamilton .........
Hi
2g,9&9,067!
639,240
W innipeg.*...,.,..,.,...
5.722.072
fi,i 5*M73!
~wmM
Total Canada ........
+267.312
43,400.750
tikfios^osi
I F F»r ta|(e «f clearing* I f t«le*r»»h see Pa«* i l l .
21*1
—
24*0
-
0.387.502
5.837,421
5,437,607
3.101,400
1.277,901
H
til
147,681
-3 1 0
-2 0 7 -1 0 5 ^ 2 4 2
-1 3 * 1
-32'
“ S »
-1 4 * 7
■ s i
-5 0 9
771
=& !
43«
-4 5 1
"S T
—
64
-72*7
+ 17 6
-302
-2 1 *3
— 39*5
-4 3 0
-2S-I
-5 0 5
A ti
-00-0
-8-8
-2 3 * 0
-1 7 * 2
-8 * 3
—28 6
-3 5 5
-H O
-I P 3
-2 7 0
-3 30
-2 o 1
— 5
3#
-55-2
+ 40 3
-3 1 2
— 8
13
-i 24*4
-1 5
—J O
O
+ 18 3
-5 0 0
— 9
16
rg-S
770.356 l i t ?
325,000
313,198 r g ?
126.870 + 11*5
107 461
~llj80^73 *1£r0
4.754,302
1
«
+785,233
2.250,000
732,Hi
• 56!
’8
634,181
551.981
33,354,773
24.871.697
12,48+134
0,337,575
2,917,1971
8 SSS
5
» s
»*,,
335.921
205,42:'
437,441
5,820
007.564.068
—
26*9 440,068,504
-7*0
+21 4
-
10*2
* "
+1*0^
0,832.081
6.423,2 8
s
—23*4
-22*4
-18*3
—14*6
16,946,801 ^ = s B
THE
196
CHRONICLE.
[VOL. LA III.
sequently may not be included in the Clearing House
figures of yesterdayl
The bank statement of last Sat
8 T ^ £ AND CITY D£fABTM£NT,
urday showed $126,895,800 specie and $119,070,800
Sc© page* 2 3 2 , 23 3 , 2 3 1 , 235, 2 3 6 and 237 for our legal tenders, making the total cash $245,966,600. The
State and City Department.
deposits were $547,694,400 and the reserve required
All advertisements with relation to State and City Bonds was $136,923,600, leaving a surplus reserve of $109,will likewise be found on the same and following pages.
043,000. The loans were reduced $914,300, leaving $418,771,600, against $418,807,600 at the beginning of the
year.
There is a little firmer feeling in the market fo r
THE FINANCIAL SITUATION.
money this week, growing out of the expec ation that
,The event which has almost absorbed public atten
tion this week has been the Government loan. To the settlements for the 5 per cent bonds will reduce the
the outsider there ha9 seemed to have been an irrecon bank reserves, lead to a temporary calling in of loans,
cilable conflict'in progress the reason for which could and possibly may create a brief flurry in the market.
not be determined and the results of which were lit This has induced lenders of money on time to be less
tle considered. But to those who have known the urgent in their offerings, and those banks which aro
real situation it ha3 been a period of no little anxiety, subscribers to the Government loan are, for the mo
followed now by a deep sense of relief. We have ment, out of the commercial paper market.
Money on call, representing bankers’ balances, ha3
written on the proposed loan with its trials and suc
loaned at 1^ and at £ of 1 per cent, averaging 1 per cent.
cess in a subsequent column and need not touch those
points here. What the situation was out of which the Renewals have been at 1^-, and banks and trust com
Treasury has now been lifted by our financial institu panies quote 2 per cent as the minimum, while soma
tions is easily discoverable from the first of February obtain 3 per cent. As noted above, time money is less
figures of cash holdings by the Government. It seems freely offered, but the demand does not increase and
that at that date the cash in the Treasury, including only a slight change has been made in rates, which are
within a trifle of sixteen millions of fractional silver, was 2 to 2| per cent for thirty to sixty days, 3 per cent for
only $108,372,617; so that if we deduct the fractional ninety days to four months and 3^ to 4 per cent for
silver, which cannot be used to pay debts, all the United five to six months on good Stock Exchange collateral.
States Government held to meet current expenses and The inquiry for commercial paper from the city banks
interest, to carry on the work of redemption of na is for the moment, as already stated, a little lighter, in
tional bank currency, and to keep over 487£ mi'lions consequence of the Government bond negotiation, and
of silver notes and over 346^ millions of greenbacks there is a small accumulation of names in the hands o f
convertible into gold, was less than 92£ million dollars. brokers, who are looking for better rates than those
"Now add to the foregoing the fact that disbursements now quoted, which are 3£ to 3 f per cent for sixty to
under appropriation bills which are laws are daily in ninety-day endorsed bills receivable, 4 to 4-£ per cent
excess of receipts, that on the least disturbance of con for four mouths commission house names and 4| to 5 J
fidence the Treasury- might be wrecked almost in a per cent for good single names having from four to
day, and the danger we have passed will be fully ap six months to run.
The feverish feeling in London regarding silver has
preciated.
Another leading event has been the passage of partially subsided, and the India Council this week
the proposed tariff law through the House by a sold £390,000 in transfers at 1 shilling 2 f pence, which
vote of 204 to 140.
The week’s discussions in though low was regarded as fair under the circum
Congress of this measure and votes upon it have stances. The Bank of England reduced the minimum
secured comparatively little public notice because rate of discount to 2| per cent. The cable reports dis
the proceedings have been overshadowed by the counts of sixty to ninety day bank bills in London 2 J
Treasury financial situation and the changing pros per cent. At Paris the open market rate is 2 f per
pects of the proposed loan— affairs of much more im cent, at Beilin it is 2^ per cent and at Frankfort 2^ per
mediate importance. Still the nature of the vote ob cent. According to our special cable from London,
viously leaves a strong presumption that the bill in the Bank of England gained £641,675 bullion during
some form will pass the Senate, and consequently it the weik and held at the close £28,026,646. Our cor
marks such a decided change of Government policy respondent further advis s us that the gain was due to
that the public is inclined to wait for the more imme receipts from the interior of Great Britain of £396,000
diate results than to predict confidently what they wil] and from imports of £246,000, of which £217,000
be. Besides, the most of those who wanted a lower tariff were bought in the open market, £18,000 came from
law by no means favored the revival of the income tax China and £11,000 from Portugal.
which the proposed law carries with it. Experience
Foreign exchange has been dull, generally firm, and
has taught that a tax of that character catches chieflv almost destitute of feature this week. On Monday the
men with tender consciences and trust estates. That tone was barely steady, due mainly to the temporary
is enough to condemn it in the judgment of intelligent absence of demand which, in the narrow condition o f
men, even if it had no other objectionable feature. Al the market, induced a reduction in rates by Brown
together therefore there has been less exultation over Bros, and Lazard Freres; but the other drawers made
the passage of a tariff measure in the House than would no change and on the following day Brown Bros,
have appeared possible a few months ago.
restored their posted figures and the market then
Currency has continued to flow towards this center, became dull and firm, esp;cially for short bills and
though this week in a diminished amount. Our fig cable transfers. On Wednesday the tone continued
ures of changes in the currency and gold holdings of strong for these bills while Continental exchange was
the banks will, however, most Tkely prove to be to easier.
/The reduction in the Bank of England
some extent inaccurate because of the deposits by the minimum rate of discount on Thursday made no
banks in the Sub-Treasury on account of the loaD. impression upon the market, as the unofficial figures
These deposits are placed to a special account and c o n -' were unchanged, and the tone continued firm for sight
THE
THE CHBONICLJEL
F ebru a ry 3, 1894.]
ceding and cubic transfers, foe supply of commer
cial bills sesma to be diminish tag, and one of the for
eign bankers reports that not fora long time have so
few of these drafts been offered. Toe demand for cur
rent remittance absorbs all offerings of whatever
nature, and there is really nothing in sight which
promises an increase in the supply. Discounts
are temporarily firm in London in consequence of the
pendency of the Indian loan, but on the Continent they
-are easy and likely so to continne. The Bank of Eng
land is absorbing the gold which is flowing to London,
the demand for the metal in the open market being
small, and farther accumulations by the Bank will
probably tend to lower unofficial rates at least, if not to
bring about an additional reduction at the Bank. It is
thought that any activity in money in our market re
sulting from the settlements for the Government
bonds will have no influence upon exchange, because
such activity will be only temporary and be
chiefly confined to the call loan branch of
the market. Some of the foreign bankors have sub
scribed for the Government bonds for the account of
their correspondents In Europe, but the amonnts were
small, and it is unlikely that there will be important
offerings of bills for them. The arbitrage business is
almost wholly of such a trading character aa to make
no impression upon the market either way. The fol
lowing shows the daily changes in rates by the leading
drawers.
Vf*.
Mon..
tW .
r«tt. *4. J i n **. J a So.
Bnrfe*.
, ■ ' 11
mS m b a cut I
■ • M an ilas j'-.-U f* ,. m
• *«n rw *_i .
t ..
m
t e * of
m
M L.
ostM
m
< 9 ttS JS S i& £:':: S
tm 4Mn, ■ m
m
3£
V
m
m
m
m
m
3
3
m
m
s
m
m
m
m
W « .i,
ran**.
imo. i t . r* n . t .
m
r«c
r»s>. i .
S*
3*
m
m
m
m
m
m
m
s
m
m
m
m
m
197
proper lies are now cleared through the Stock Exchange
Clearing House, but indirectly activity in the Stock
Exchange is nevertheless a potent factor in swelling
bank clearings. Hence it is important to note that the
value of the share sale3 for 1894 was approximately
only 257 million dollars, against 705 million dollars in
January 1893.
MONTHLY CLEARINGS.
CUartnW. Total All.
Month.
la w .
Jalr....... . . .
Aogurt. . . .
1S93.
ClMrtns* Outtids ifew Totk.
j p .C t
*
*
i
4,158,395,333 1 9.53,541.850
3JM8.0JS.SW 1,545.180.549 - * 5 -0
SaK.9M .914
t s o -7
Sd a a *r... lU.57l,7i2,<H0 14.0*5,*se.S4d -S T S
October.... 4 ,« 4 .» ? S .« S : S ,4 » ,-S S ,« 6 ; ~ » - 7
So»*sjb er.
Dewmtier..
4,10*.7»#."<J 5.519.910,1*7 -4 5 -7
t.9 7 * .« R jU l SjW l.U S.U 5 -S T 4
1«.99S,5S«,33S - » l
« h l a at..
itsSa.
1
1«M.
4JWM9BJHB a m B x . W - u *
J»B ««r
1893.
1893.
1P. 01.
s
4
C70S,395,»K 2.075.X(U.9S8-1S-0
U U ,931.157 2.010.9.59.OSS -2 9 -9
1.501,751,115 >.019,701,91? -2 8 -7
1.879,990,331
*1.1*4.3*4,319 - S 4 T
1.813.473.05# *.380.351,2*4 ..23*3
1.845.90LSI4 S.3S8.075.5S7 - > 1 *
1083.198.955 2.111*80.734 --2S-4
5,542,571,748 7,130,818,595 -2 2 -4
1804,
199*.
1
1.80S.871OJ9 •2.10'. M i,828 - 1 1 -
Taking the clearings at the leading cities we find a
large and general falling off, notoulyas compared with
last year but also as compared with most of the years
preceding, as will appear by the following statement.
rot;
1S»«. 1*03.
a m * c u u B is e *
<000,000*
am .U fl.)
jam abt
at u a b is o
o r a l
Sew York... 2,1*96 3 * 0
OkicA^o........
• Pw »**-‘’><» ■»
p W
• ■■»
«
SffiSEi!
.9*0 SVao-eo
RfU asnre...
U
PHtibare - - -
Osstnosft,..
S * » Orleaa*
x u u < calx,
U h i h t II e
.
Mteto......
m *M ««.
MHIWt .....
P w ruteiw *. .
SttB.ffiAAjwtl*.
Ottiak*..
W W ttst
te»w..
St Fan!
Tote! .... 3.-.I* 5,679 5,120 *.727 5.0*4 4.671 3,917
OtfcW
cJUe*.. 238
290 351
212
201
154
127
4,273
97
S
Si
2
5.871 4.909 5.253 4,825 4.014 4,370
TW*i*U... 4,08.5
The market closed easier on Friday at 4 85| to OaWWeS.t. 1,199 2,407 2.122 2.012 1,981 1.755 1,523 1.417
4 86 for 'to-day and 4 88 for sight. Bates for actual
Every city included in the foregoing here shows for
business were 4 84f to 4 85 for long. 4 8#f to 4 8? for 1894 redo*- l clearing?. The statement embraces all
short, 4 3?| to 4 874 for cable transfer?, 4 84 to 4 M| the larger points. It deserves to bo noted, however,
for prime and 4 *4 to 4 - l| for documentary commer that at a few of the smiller places an increase is re
cial bill*. The steamship Paris brought 750,000 francs ported. With three exceptions the points with increased
Spanish gold on Monday in transit for Havana to move elearinp are found in the South, in portions of which
the sugar crop, and these importations are likely to there are indications of a slight improvement in busi
continue.
ness conditions. Thus Norfolk shows a gain of 35-2
Bank clearings are slow to reflect improvement in per cent, Dallas a gain of 6 2 per cent, Fort Worth a
business conditions, and the statement we have pre gain of 14*9 per cent, Jacksonville a gain of 5 per
pared for the month of January does not make a favor- cent, Savannah a gain of 40*7 per cent and Topeka a
able comparison. There was an extra btixinaM day in very small gain. The only other points in the country
the month the present year (the month haring con which report enlarged clearings are Binghamton (21-1
toined only four Sundays against five in January per cent) and Indianapolis (33*3 per cent). The im
189.1), but the decrease from last year nevertheless provement In the South is by no means general, and at
reaches 31*9 per cent, as against 32-4 per cent in Decem many important points we have very heavy losses; at
ber, when there had been one basiness day Us* than in Nashville there is s decrease of 60-6 per cent, at Bir
the year preceding. Outside of -Vow York the figures mingham a decrease of 47-2 per cent, at Chattanooga
make a better comparison, the same aa in previous a decrease of 56 per cent, at Memphis a decrease of
months, the loss from last year being 211 per cent, 20*6 percent and at Galveston a decrease of 20-5 per cent.
this comparing with 23*4 per cent in December, 21-2
The Mobile & Ohio has issued its half-yearly state
peT cent in November, 2-3-2 per cent in October, 26-7 ment to December 31, and it is a very favorable docu
percent in September and 29-8 per cent in August. At ment, especially considering the times. The road of
New York the falling off for January is nearly 40 per coarse suffered from the diminution in its lumber and
cent —
39',* per cent. This reflect* the great diminution oai traffic and from the stoppage of many smril indus
in financial operations, which are affected with especial tries, but on the other hand the cotton crop along the
severity in times of depression and disturbed confi line of the road was much better than in the year pre
dence like the present, and the falling off is also in part ceding, when it had been almost a complete failure.
the result of the great contraction in Stock Exchange The road also derived an advantage from the
speculation. To be sure, most of the dealings in share * improved condition of the port
of Mobile
198
THE
CHRONICLE.
and the increase in the trade between that port
and other ports in the Gulf of Mexico, especially in
fruits, and to some extent likewise from a similar in
crease in the trade at New Orleans. These circumstances
will account for the fact that gross earnings have been so
well maintained in a period of intense business de
pression, the
total for 1893 being reported at
*1,664,200 against 11,691,625 for 1892. The loss is
small, and was offset by a considerable reduction in
expenses, leaving net of $710,300 against $588,032.
The
expense
of
operation
and
maintenance
in 1892 had been materially increased by floods during
the summer and autumn, and hence there was room
for a decrease the present year on that account. Be
sides this, a saving was effected through the reduction
of the salaries of general
officers, clerks, &c.
We are told that no repair or other needful work has been
neglected, but that the most rigid rule of economy was
applied in every department of the service.
The later returns of railway gross earnings for Janu
ary do not chaDge the character of the earlier exhibits
as noticed by ns in previous issues. N o statements
have yet been received for the 4th week of the month,
hut for the 3d week our completed statement shows a
decrease of only 8'31 per cent, as against 10'42 per centfor the second week and 14-28 per cent for the first
week of the month. The statements of net earn
ings which have come in for December bave
been generally unfavorable. The Burlington & Quincy
lost $648,045 in gross, $146,619 in net; the Chicago
Burlington & Northern, $36,509 in gross, $38,389 in
net; the Erie, $351,870 in gross, $231,048 in net; the
Canadian Pacific, $260,244 in gross, $239,889 in net;
the N orfolk & Western, $109,100 in gross, $38,566 in
net; the Chesapeake & Ohio, $120,744 in gross, $62,638
in net, and the Louisville & Nashville, $356,047 in
gross and $205,604 in net. The Philadelphia & Read
ing lost $215,855 in gross and $95,617 in net on the
business of the Railroad Company, but gained $573,965
in.tbe gross receipts of the Coal & Iron Company, and
$128,709 in the net receipts of the same company. The
Rio Grande Western reports net of $51,743 against $65,723, the Minneapolis & St. Louis $44,104 against
$72,184, and the Savannah Amerieus & Montgomery
$443 against $4,649. A few roads report increased net,
namely, the Iowa Central $70,515 against $55,986, the
New York Ontario & Western $58,282 against $56,707,
the N orfolk & Southern $15,647 against $12,916, and
the Georgia Southern & Florida $30,041 against $24,753.
A plan for the payment of duties at this port with a
transfer order, instead of with checks or wholly with
cash, has been put into operation this week. As our
readers are aware, the use of checks was suspended by
order of the Treasury Department on the 22d of Jan
uary because of the discovery that a fraudulent dispo
sition of a check had been made. The payment of
duties with cash thereupon became compulsory, and it
continued until Tuesday, when an arrangement was
perfected permitting the use of the following form of
transfer order.
[von. L m
The importer draws his check upon the bank for the
amount of duties, receiving an order like the above
which is presented at the Custom House. ' The bank
each morning deposits an amount of money at theSub-Treasury sufficient to cover the dav’ 3 transactions,
the same as was done under the old system ; the Sec
retary requested that the first deposit be made in gold.
Payment by transfer order on Wednesday was com
paratively small, being only $780 99 out of $176,162 78
duties.
The following gives the week’s movements of money
to and from the interior by the New Y ork banks.
Week Ending Feb. 2,1891.
Geld ........ ........................................
Total gold and legal tenders—
Received by Shipped by
N. Y. Banks* N. Y. Banks-
Net Interior
Movement.
$6,711,000 $2,555,000 Gain.$4,556,000
600,000
200,000 Gain. 400,000
$7,311,000 $2,755,000 Gain.$4,558,00&
Result with Sub-Treasury operations.
Into
Banks.
Week ending Feb. 2,1894.
Out of
Banks.
Net Change in
Bank Holdings.
Banks’ interior movement, as above $7,311,000 $2,755,000 Gain.$4,556,00<3
8,700,000 11,100,000 Loss. 2,400,000
Total gold and legal tenders...... $16,011,000 $13,855,000 Gain. 2,158,006
Bullion holdings of European banks.
February 1, 1894.
Bank of
Gold.
Bngland.......
B
’ranee..........
Germany.....
Anst.-Hnng’y
Netherlands..
Nat.Belginm.
Spain.......
Silver.
Total.
£
£
£
28,026,646
28,026,646
67,844,292 60,570,607 118,414,799
32,717,250 10,905,750 43.623.000
10,176,000 16,263,000 26.439.000
4.125.000 7.014.000 11.139.000
2,994,667 1,497,333 4,492,000
7.918.000 7.308.000 15.226.000
February 2 .1893.
Gold.
Silver.
lotal.
£
£
£
26,022,191
26,022,191
62.854.000 50.242.000 113,096,000
33,805,500 11,288.500 45.074.00 0
10.575.000 16.890.000 27.471.000
3,178,001 7.080.000 10.258.00 0
3,002,667 1,501,333 4,504,000
7,611,000 5.087.000 12.698.000
Tot. this week 153,801,855 93,558,690 247,360,445 147,048,358 92,074,833 239,123,191
Tot. prev.w’k 153,103,723 93,366,007 246,469,730 145,609,866 91,882,000 237,541,866
HOW
THE
BOND OFFERING
SUCCESS.
REACHED
Notwithstanding a most shameful attempt in and
out of Congress to discredit Secretary Carlisle’ s bond
issue, an attempt which called out the indignant and
earnest protest of Senator Sherman on Tuesday, the
Government loan has proved a success. The Secretary
instead of getting offers for the purchase of only fifty
million of bonds at and above the upset price,
has received offers for the purchase
of about
sixty million. I f it had not been for the efforts
made to cast doubt on the authority of the Govern
ment to sell the securities, there is every reason
for the belief that very many more purchasers would
have been found and a better price secured. Hence
this strange effort to wreck the Treasury Department
and to leave it without funds has failed to do more
than to slightly increase the burdens o f the people by
depreciating the yirice at which the bonds were
marketed.
That we say is the extent of the direct harm which
has been produced. But it is a fact to be remembered
that the combination to defeat the plan fo r the relief
of the Treasury did not accomplish all that it sought,
only because of the unselfish action of our banks and
bankers. On Monday the Treasury no doubt was facing
SPECIAL CUSTOMS FUND TRANSFER.
a great catastrophe which it barely escaped. It m aybe
Clearing House N o.......
claimed by way of excuse for the action of those who
TIIE - - - - - ......................... B a n k o r N e w Y o r k ,
asserted that the Secretary had no right to issue these
New York, .................... 189
The Collector o f Customs at the P ort o f New Y ork wiLl cliarsro anrl bonds that they believed what they said.
Was that
transfer io tho account of “ Duties P aid ” . . . .
'
I t lS
from the amount deposited by t h e ........................
............... Bank w on under the circumstances any excuse ?
Are there not
C
ustom Fm»?);C U U 8'’N Toi%to tlle M O
s
i‘S reI' '
eW
O ttnt'of the ‘‘SpeeiS certain degrees of ignorance as blameable as intended
(Cashier, or such other'offlcer as the wrong.-' 'T h e legal right to issue the securities in
Bank may designate.)
question has been passed upon and acknowledged by
Countersigned.
Teller.
committees o f both houses and both parties and by the
F&BBOXKX 8, 1894.;
THE CHRONICLE
199
bead of the Treasury Department under every admin and 4 millions of that amount was subscribed by one of
istration that has had any reason to express an opinion. our New York City banks; we should add too that at
Senator Sherman said in substance on Tuesday that a conference with Secretary Carlisle attended by the
the authority under the law was so plain that it presidents of a large number of our financial institutions
nad never been denied in the Senate during the fifteen it had just been determined that under the circumstan
years since the resumption of specie payments. Bat ces nothing coaid be done, for no one wanted the bonds.
even had there been an honest doubt, was not the In this contingency Mr. John A. Stewart, President of
Government's crisis so imperative that to express the United States Trust Company, becoming impressed
the doubt while the weight of opinion in opposition to with the absolute, necessity there was for action, took in
it was so overwhelming became almost a crime? Let us hand the work of procuring subscriptions for the loan.
quote Mr. Sherman again, for we cannot hope to put He felt that it was a case that admitted of no delay, for if
oar thought in better form than he has done. £Tfc the loan was pronounced on Thursday a failure, no
seems to me,” he says, ‘ -it is neither right, expedient, one could measure the extent of the disaster which
proper nor justifiable to make any assault upon the would follow.
He was ably supported by Edward
credit of the Government or the powers about to be ex King, President of the Union Trust Company, James
ercised by the Government; and I may say that it is T . Woodward, President o f the Hanover Bank, James
unpatriotic to do so when the Government is receiving Stillman, of the City Bank, and others. Subscriptions
revenues insufficient to pay expenditures authorized by were gathered in so rapidly indeed that the total
appropriations made by law.” This bold avowal o f the reached by Wednesday night, $43,833,250, besides five
Senator’s was very timely, and under the circumstances or six millions more, about which there was some mis
deserving of hearty approbation, for it did much to en understanding, and which was not forwarded until the
courage the banks in the step they took.
next day by telegraph. New Y'ork City institutions
Presumably those among our legislators who have consequently subscribed for an amount just about equal
been lending themselves in aid of this remarkable to the total bonds offered by the Secretary.
crusade are not the persons directly responsible for the
INTER-STATE COMMERCE R A I L W A Y
action of the more conspicuous instruments in the
STA TJSTTOS.
affair outside of Congress. Somebody, of course not a
The Inter-State Commerce Commission is to be com
law maker, appears to have been able to enlist the ser
vices of certain over credulous or " bumptious ’ ‘ agents, mended for the effort it is making to add to the use
inducing them to play the heavy part in this work of fulness of its statistics regarding U nited States rail
frightening timid investors. Tw o men who pose as the ways by getting the statistics ready earlier than here
showy representatives of labor have Come forward and tofore. The Commission has undertaken to collect an
assumed the expense and odium of legal proceedings nual data concerning railroad operations on a more
to stop— what ? Why, strange as it may seem, to stop elaborate scale than ever bofore attempted in this coun
the only procedure open to the Government which try, and doubtless in any country, and owing to this
could enable it to continue to pay its current expenses fact and the farther fact that the Bureau is new to the
and interest, and to keep itself solvent and its cur work, the annual reports of the Statistician have been
rency convertible. In other words, these men baft Jvery slow in com ing out —arriving usually so late that
j
sought to enjoin the only means the Treasury Depart ill public inter, -t in them is lost. For instance, it ia
ment had of averting a panic -a worse panic than we not possible even now to get the volume for the year
had last summer —and of preventing the shattlng-up ending .June 30, H92, covering a period nineteen
of our work-shops and factories again. Have those month-; pas*., though some advance figures from said
proceedings been in accordance with the wish of report were published a few months ago. This ia a
the wage-earners of the land ?
Does any one great defect, detracting from the merit and usefulness
believe that the dislocation of our industries, a condition of the compilations. The Statistician seems to be con
which these men would have brought about had they sac. scious of the fact, too, and desirous of overcoming the
ceeded in their attempt—does any one believe that such a difficulty a* far m possible: for it has now become the
transaction would work to the advantage of high wages practice to issue a preliminary report in advance of the
and honest labor? That the heads of this organisation full report, and to give it promptly to the press.
were employed by others to do this discreditable work,
Snob a preliminary report was issued this week
or that Stock Exchange speculation had any part in the covering the operations for the year ending June 30,
proceeding, no one would think o f charging. At the 1893—a comparatively recent period.
Of course the
same time there can be bat one opinion, that those who report is only partial and incomplete, relating merely
engineered this movement have shown so conspicuously to the income of the,roads and embracing only the
their unfitness for any trust as to have opened them companies which had filed their returns with the Com
selves to suspicions of almost any kind. As it turned mission up to the 1st of last December. In this way,
out. however, this attempt to harm the Government however, the Statistician gets results for 145,869 miles
did it a great service, for the decision which Judge of road, which is a large proportion of the total mile
Cox quickly gave on Tuesday affirming the authority age of the country, and the present report is in the
for the loan served to further the movement o f the banks amount of data givon a great advance over any previous
and make their action more united for the relief of preliminary report. One very desirable feature is the
tbs Treasury.
incorporation of the figures for all the separate roads,
It is not necessary to detail at any great length what as that enables one to test the totals and see how they
the bank* did. The critical character of the emer were arrived at.
gency wilt b« understood when the very low condition
We are sure that in the course of time these prelim
of the Treasury is remembered, and the further fact inary statmonta will become very meritorious. As far
is stated, whioh most of our readers are not acquainted as the document before us ia concerned, there are dewith, that the total subscriptions to the loan as they I fecta in it whioh are likely to mislead the uninformed.
stood on Tuesday morning were about 6 million dollars, One thing which mars all the work of the Statistician
200
THE
CHRONICLE.
ia that ho is so prone to make deductions which are
not justified by the facts, and often totally at variance
•with the facts. In the present case he is desirous of
assisting the Inter-State Commission to prove that the
Inter-State law has not been detrimental to rail
way interests, so
after noting that the compi
lations submitted show total net earnings of 350
million dollars, an increase of 9 f million dollars
over the year preceding, and that this is about
3$ per cent on the capital of the road3 reporting, he
proceeds at once to the conclusion that “ in what» or
way the matter be considered, the figures in this .> «■
liminary report do not justify the assertion that, one
twelve months ending June 30, 1893, brought disaster
to the railway industry.” To the ordinary mind it
would seem that an industry that was netting in a
period of active business only 3| per cent on its capital
was bordering very close to disaster. Would the Statisti
cian, if engaged in private business, regard a net income
o f 3^ per cent on his capital an adequate return in a
time of full trade? But the situation is really less sat
isfactory than this. The 34 per cent i3 figured on the
total of stock and bonds. Before the stock can get
anything interest must of course first be paid on the
bonds. We do not know what this deduction if made
will leave for the stock in 1893. For 1892 the Commis
sion found that the dividends paid were equal to 2T1
per cent on the total of stock outstanding. In other
words, the railroads of the United States after meeting
their charges for rentals and ipterest, paid in dividends
a sum equal to only a little over two per cent on the ag
gregate of their share capital. This is the average
-—a part of course paid more; 2,807 millions of stock
(out of the total of 4,633 millions) received according
to the Statistician absolutely nothing.
But the report before us dwells upon another “ fact
of interest.” By reference to the column showing sur
plus from operations, the Statistician says, “ it will be ob
served that the railways of the United States, in addition
to the amount of dividends paid, were enabled to pass a
surplus of $16,048,405 from their income account to
their balance sheet.” That is to say, the railroads of the
United States, with between four and five thousand
millions of share capital, and with gross earnings in
excess of a thousand million dollars, were enabled to
carry forward the magnificent surplus of 16 million
dollars! The Statistician does not find it possible to
deny that this is not a strikingly favorable result, but
he says “ it shows that the railroads as a rule main
tained profitable activity.” Profitable activity indeed,
with a surplus of four-tenths of one per cent on the
outstanding stock.
I\ ith all this, the Statistician is confronted by the
fact that four of the ten groups into which the roads
are divided show a deficit from operations, and he feels
called upon to explain the unsatisfactory result. If a
comparison be made between the net earnings for these
four groups and the fixed charges, he points out, “ it will
he seen that the deficits in question arise on account of
a high ratio of fixed charges rather than on account of
a diverse ratio of net earning3 to gross earnings from
operation,” and this, he says, suggests “ an interesting
line of inquiry.” It strikes us so too, though we are
at a loss to understand what a “ diverse ratio”
o f net earnings to gross earnings means. The
groups
referred to take
in
the South, the
Southwest and the Pacific Coast, precisely the sections
o f country which have suffered most from the operation
o f the Inter-State law. In one of these groups, with
[You LYIII.
36 1-3 million dollars of gross earnings, the amount
paid in dividends was just $5,899, and then there was
a deficit of $787,456! It does not seem to have occurred
to the Statistician that if the roads in these groups
were allowed to do business at satisfactory rates and
were left otherwise unhampered, the “ high ratio o f
fixed charges” to earnings would disappear, since in
that event the earnings would be so much larger.
Comparing the partial returns for 1893 with the
complete returns for 1892, it is found that gross earn
ings per mile have risen from $7,213 to $7,443, while
net earnings per mile have declined from $2,404 to
$2,401, and the further qualification is added that “ it
is probable that the complete figures for 1893 will n ot
make quite as favorable a showing, inasmuch a3 the in
clusion of data for small lines that had not filed their
reports in season for use in this compilation may tend to.
slightly decrease these averages.” So, too, in the case
of trunk line earnings, we are told that while gross
earnings per mile for 1893 are $12,349 against $11,933
for 1892, as expenses increased in nearly the same
amount there is only a slight increase in net incom e
per mile, and furthermore that “ it is probable that
full returns for the railways in the trunk-line territory
will reduce somewhat the per mileage earnings as
above stated, since all the trunk lines are included in
the compiled returns, while quite a number of the
second class lines are excluded because their reports
were not filed in season to be used in this tabulation.”
But what needs explanation above everything else is
the statement that the amount paid out in dividends in
1893 was larger than the amount paid in 1892— $66,652,400 against $64,6S8,687 is the comparison given.
I f this result reflects correctly the situation, it is a reve
lation. Considering the numerous suspensions of divi
dends which have occurred during the last year or two
— among others the Northern Pacific, the Missouri
Pacific, the N orfolk & Western, the East Tennessee,
the Alabama Great Southern and the Cincinnati New
Orleans & Texas Pacific— not to speak of the reduction
in cases such as the Louisville & Nashville, &c., we
have found it difficult to credit the statement, and
have therefore undertaken to probe into the matter a
little. The first point that comes to notice is that
while in the comparison given the dividends for 1892
are stated at only $64,688,687, in the full report for
that year they appear at $97,614,745. This difference
of 30 million dollars cannot be explained by the differ
ence in mileage, and hence it is evident that the present
figures are on a new basis. The explanation doubtless
is that in the preliminary report it has not been found
possible to include dividends paid on leased line stocks,
these being for this occasion lumped with other items
in the fixed charges. Another fact which appears on
examination is that a few companies which have sus
pended dividend payments, like the Central of Georgia
and the Kichmond & Danville, are missing from the
table.
But taking the figures as they stand, we discover that
one road, namely the Chicago Milwaukee & St. Paul,
will account for the whole of the increase in the aggre
gate of dividends, it having paid $3,589,666 in divi
dends in 1892-3, against only $1,572,613 in 1891-92.
The larger payment in this case is due to the fact that
that road resumed dividends upon its common stock.
A n dyetdh is does not indicate that the year was a more
prosperous one than the year preceding, or that the
Inter-State law did not operate to reduce profits. Th&
1893 net of the St. Paul was only about the same as
FEBRUARY 3, 1894.]
THE CHKONICLE.
01
the net for 1892, though in the grogs there was a mate operations for the twelve months. The dividend must
ria! addition. The St. Paul paid as high as 7 per cent refer to the distribution of treasury stock in the shape
on its common shares for many years, then reduced, of a 7 per cent stock dividend which the company
and the first year after the Inter-State law went into made about a year ago.
effect suspended altogether, not resuming again until
The Fall Brook Railway is down for dividends of
the year 1892-93, and then only at the rate of 1 per $311,250 in 1893 against nothing for 1892. It is true
this company was not in existence the previous year,
cent per annum.
Proceeding farther in the analysis, the fact appears but the constituent companies of which it is composed
that the New England group is credited with having were, and it seems to ns the 1892 column ought to in
paid *9,262,210 in 1893 against *8,010,675 in 1892 clude the dividends paid by these constituent compan
The Delaware Susquehanna & Schuylkill is
The New England roads are of course very prosper ies.
ous, but the figures given are misleading to say the credited with dividends of $400,000 for 1893 and noth
least. We find first an increase reported for the Boston ing for 1892. Assuming that this is correct, it is en
&Albany, whose dividends for 1893 are stated at $2,000,- tirely exceptional and has no hearing upon the general
000 as against 11,800,000 for 1892, and the amounts are situation. The road is not quite 57 miles long, and ac
right. But the increase is not the result of any in cording to the figures given was operated in 1892-93
crease in the rate of distribution, for the Boston & for less than 30 per cent of its gross receipts. Tho
Albany dividend has been unchanged at 8 per cent Chicago Great Western is reported to have paid
per annum for many years; the increase arises out of $379,080 in 1893 against nothing in 1892. But there is
the fact that in February, 1892, $5,000,000 of bonds no evidence of prosperity in this. The company is a
which then matured were taken np by the issue of a reorganization of the Chicago St. Paul & Kansas
corresponding amount of stock. The dividend on the City, and iii the reorganization the old tir3t mortgage
new stock counted for only a half year in 1391-92 and bonds were replaced by debenture stock; except for
for the full twelve months in 1892 93.
Hence, this, therefore, what now appears as a dividend payment
while the dividend payment wiis increased, the company would be an interest payment. The Milwaukee Lake
saved the interest on the bonds retired. In the Boston < Shore & Western dividend is given at $350,000 for 1893
i
Maine case, too, where dividends for 1893 are *1,530,135 and *175,000 for 1892. This company actually distrib
against $1,354,890 for 1892, there has been no increase uted the same amount of dividends in both years. We
in the rate of dividend—rather a decline. The com ?uppv^- the explanation of the increase is that whereas
pany is paying on an increased amount of stock, dividends (on the preferred stock) had been semi
the additional stock representing in part new capital annual, one of the semi-annual payments was omitted
expenditures, but also in part issues made to take up and an annual distribution mado at the succeeding
the Btock of roads previously leased! and on which yearly dividend period. But the luter-State report also shows
rental payments had to be made, which rental pay an iaere;ne iu the dividend on Chicago & North West
ments arc to that extent saved. Bat the most con stock from $3,675,735 in 1892 to $3,906,562 in 1893,
spicuous increase in the New Eoglaud group is that of which increase was occasioned by the operations con
the New Haven, where the dividend for 1893 is reported nected with the exchange of North West stock for the
$2,945,535 against $2,103,750 for 1892. Here then w shares of the Milwaukee Lake Shore ,2 Western, As
®
have an increase of over $840,000 by this one road, the the Lake Shore & Western stock is represented by
dividend rate having remained unaltered at 10 pet North West stock, to include the dividends for both,
cent. Now every one knows that the New Haven has as the Inter-State Commerce report does, involves
been exchanging its stock in large amounts for the duplication.
stock of its leased roads. Wo will giro only one
These illustrations might be extended, but
striking illustration. The Now York Providence S it is not necessary.
s
If when the complete
Boston in 1891-92 paid $500,090 dividends on its stock report of the Inter-State Commission for the
— 10 per cent on $5,000,000. In 1892-93, the stock year ending Juue 30, 1893, is issued, it shown an in
having been exchanged for that of the New Haven, crease iu the amount of tho dividend payments over
the dividend is still the same but is paid on New Haven 1892, the explanation will bo perfectly obvious, and tho
stock and form* part of the dividend aggregate of the fact will have no significance as bearing upon the
latter. The Inter-State Commission by its method of prosperity of the carrying interest or the effects of tho
reporting the group totals omits this half a million for Inter-State law.
1892 while including it for 1893.
Passing to some of the other groups, we pause to
wonder why the Delaware & Hudson should be put THE WORLD'S GOLD AND SILVER PRO
DUCTION FROM m i TO 1803,
down as having paid $2,100,000 in dividends in 1892
and absolutely nothing in 1893. If the Delaware &
We do not find it a wholly satisfactory work to bring
Hudson has discontinued payments on its stock, then together the data for the purpose of determining the
wo have lived unconscious of the fact, and so have the annual silver and gold production of the world. Accu
stockholders. This is an error of course that has tended racy and completeness are what we seek in all our
to reduce the 1893 total of dividends, but there are compilations. We can generally attain these ends by
many discrepancies and exceptional items on the other diligence and care; and yet the more we labor over the
side. The Louisville Evansville & St. Louis is credited figures with reference to tho yield of the precious
with a dividend payment out of earnings of $259,700 metals, the less confidence we feel in definite results.
in 1893 against nothing in 1892. The company has This uncertainty applies chiefly to the returns of silver
never been in condition to pay dividends and is to day production, there being so many producers of that
in receivers' hands. The absurdity of the matter ap metal among the countries keeping very meagre trade
pears when we note that according to the figures fur figures; but it applies also in some measure to gold. We
nished, the road, after paying this supposed cash divi present to-day, compiled in a serviceable form, and as
dend, is left with a deficiency of $346,575 on the nearly accurate as the data admits of, the latest
202
THE
CHKONICLE.
[VOL, LVII1.
fact that in all the States but Colorado and Montana
silver mining had been losing ground for years,. So far
as conditions are unchanged, the teaching of that com
parison is true to-day, and to that extent the results of
Mr. Valentine’ s present estimate may probably be taken
a8 confirmatory o f it. A t all events we have reduced
his 1893 total to ounces and compare it in the sub
joined table with the Mint totals for previous years.
Mr. Valentine gives no figures of silver production by
S11. V K i t —PRODUCTION IN TH E WORLD.
States, and hence we assume that the mines of Colorado
This record which we have kept up for so many
and Montana in 1893 have contributed the same pro
years was, as our readers know, begun as a natural
portion of that year’ s aggregate that they contributed
outcome of the annual publication in January of Mr.
in 1892 to the 1892 aggregate. W e add a last column
Valentine’ s report. We say natural outcome, not only
giving the average annual price of silver in London.
because the United .States is the largest contributor to
SILVER PRODUCTION IN THE UNITED STATES AND AVERAGE PRICE IN
the world’s new supply of gold and silver, hat also
LONDON.
— Production in ounces.— ----------s A v. P rice
because at the time we issued the first of these annual Calendar ,
Silver.
A ll others.
Total.
Montana.
Colorado.
Year.
reviews, Mr. Valentines’ s compilation was the highest 1 8 9 3 ......... .21,500,000 15,550,000 14,950,000 52,000,000 3 5 58&*
authority in this country with reference to the matters 1 8 9 2 ......... .24,000,000 17,350,000 16,650,000 58,000,000 39i3i a a.
1 8 9 1 _____ .21,160.000 16,350,000 20,820,000 58,330,000 451 ied.
the report covered ; even now his statement is much 1 8 9 0 ......... .18,800,000 15,750,000 19,966,300 51,516,300 47H 16d.
sought after, notwithstanding Mr. Valentine says in it 1 8 8 9 ......... .16,000,000 15,000,000 19,000,000 50,000,000 4211
17,936,250 45,780,000 4 2 i8a,
every year that the increase in railroad facilities has in 1888 ......... .14,695,313 13,148,437 17.669,622 41,260,000 44«8d,
1 8 8 ? ......... .11,601,825 11,983,553
terfered with the exactness of the results. The report I 8 S 6 ......... .12,375.280 9,590,342 17,473,878 39,440,000 45%d.
The foregoing is suggestive on the basis of past confor 3893 was made public last week and is of more than
usual interest. It throws some light upon the important litions, but we cannot say how nearly it is indicative
question affecting the market value of silver which every of the future situation; for besides the peculiarities
one wants answered—-that is, whether the world’s mentioned under which all production has proceeded
annual yield is decreasing under the influence of lower in 1893, there is a further change in the conditions of
price ? But it is as yet too early in the year to secure mining which throws uncertainty on the question of
returns from enough producing countries to obtain future average cost of an ounce of silver. W e refer to
evidence upon that point which is at all conclusive.
the fact that lower prices for silver have forced
U nited States.— Mr. Valentine announces that the lower wages and other economies in production since
mines of the United States have yielded $38,491,521 the panic, the effect of which cannot as yet be meas
worth of silver during the last twelve months. These ured. It is, however, in our opinion, quite improbable
dollars represent as usual in his reports commercial that the United States will be able to keep up its
values. Silver bullion in London has averaged, accord, former large production of silver with the price ruling
ing to Pixiey & Abell, 3 ofd ., but Mr. Valentine has at 30d. to -34d. per ounce.
averaged his ounces at 74 cents, which would make the
M exico and South A merican States .— For a
above estimated production for 1893 approximately 52 long time Mexico has been tne second largest silver
million ounces. The Mint figures of production for producer in the World. This year its product will
1892 were 58 million ounces, just about the same as come nearer than ever to that of the United States.
Mr. Valentine’s for that year, his total being $50,607,- The figures of Mexico for the calendar year are not yet
601, valued at 87 cents per ounce ; hence the production published, but our judgment is based upon the returns
in 1893 according to Mr. Valentine’s estimate shows a in Mr. Valentine’ s circular for the year ending June 30,
falling off compared with either estimate for 1892 of Mexico’ s production, we understand, having since June
about 6 million ounces. That loss at first sight seems 30 increased while the United States production has
to he conclusive as to the unprofitableness of silver decreased.
mining in this country. There are though two features
Mexico is conspicuous among silver producers for the
o f the industrial history of 1893 which detract from unsatisfactory way the product credited to it in the
the correctness of that inference. First of all it is general statistical tables is made up. The method is so
obvious that no exact conclusion respecting the cost, of unsatisfactory that each year three very different state
production in the United States can be drawn from this ments of the yield are put out, all claiming to be
result because it is not practicable to separate the effect correct. Mr. Valentine issues one statement in his
on production of the decline in price of silver bullion circu la r; Mr. Javier Stavoli, Chief of the Bureau of
from the special check to silver mining in the United Statistics of Mexico, issues another; and the third is
States put upon all industry, profitable and unprofit issued by the Mint Department of the U nited States.
able, during the panic, and in some measure since that The estimates of these authorities differ in size accord
occurrence.
ing to the order in which we have named them, the
A t the same time there is, we think, a degree of first being smallest and the last largest. For illustra
Usefulness in the comparison as a factor in the problem tion we give the total Mexican production for 1892 as
o f cost. The reader will remember the results reached stated by each respectively.
by us on the point under discussion about a year ago.
E s t im a t e b y —
Kilos.
Values.
859,000,000
W e showed then that if it had not been for the special United States Mint........ .......................1,419,634
Stavoli—Mexican Statistical Bureau.1,228,994
50,284,000
fortuitous discoveries at Greede, &c. (discoveries of a Mr. Valentine’s report..........................1,118,172
45,750,000
character which are becoming less and less likely year
The differences in the foregoing appear at first sight
by year in the United States), there would have been a irreconcilable. They are not really so, however. Mr,
large loss in the silver output in 1892; even as it was, Valentine’ s statement Is for the fiscal year ending with.
there was no increase that year compared with 1891, June 30th, and as- the Mexican production has been
but a slight falling off in the total product. Further increasing year by year we may assume that Mr. Valen
more, the examination made a year ago brought out the tine’ s results would not fall far short of Mr, Stavoli’ s
information we bare been able to gather from the
Officials of the producing countries and otherwise.
W hat is of record and what is estimated will be distin
guished so far as can be done as we proceed. In a
general way we can say that the returns we use have
apparently been furnished in as full and exact a shape
as the circumstances permitted. The results first given
relate to silver.
. . f wsRi’ iiiX
THE CHRONICLE*
A 1884.]
if they invaded the same twelve months. With refer
ence to the other two authorities there is an important
difference; it consists in arbitrary additions to Mr.
Stavoli’s total made by the United States Mint for un
recorded production. By this process the largest
aggregate is reached; and, what is also important,
a similar addition forms a part of the stated pro
duction of most of the .South American States in
the Mint report. The point we raise is this— and we
have suggested it in our annual reviews for previous
7earg_ whcther by including such estimates the statis
tics of silver production are not made misleading. We
take Mexico as typical of the system. First note how
very fall the actual estimate of Mr. Stavoli is. We give
his statement of production for two years in kilo
grams and total ounces.
MEXICO*# *#T tU A T E 0 S U V 'S * M tOB CO tfO K BT MR.
I S ft l.
Kilo*.
Deposited at mints.
. 003,3*1 000
To bo mined. . ... . .. .
Utter exported.
SUrer ore....................................... - ......... 250,077-503
SBwf tan ......................... ................. - 187,821-815
Stiver mixed wills xol.t............ ...............
18.192-7*5
Silver tttlphtde*...........................
37,355*640
Stiver taJ9s?*,............
53*697
*r*e»tU«M«M had and mnwr ............
14,383*247
Total exports..................
907.8*4 630
Total pwdM tfeW ,fcUo*.................. . . . , 1 ,1 11.326-650
TotalIK O doetlon. oitao**
................... .
35,719,227
203
ilar manner exaggerated in the Mint reports, we pursue
our former custom of eliminating all estimated items
such as amounts used in the arts &c. ; and whenever
reliable data are obtainable we take in preference the
deposits in each country’ s mints and the net exports
as a fnll record of production,
Ai >TftAi.a s ia .— T he only other source of silver sup
ply about which we need to make any special remark is
Australasia. For the last few years, as our readers
have been informed in these reports, there has been a
large increase in the silver output of those colonies.
The greater part of the addition has, however, com e
from the Broken Hill mines in New Sontli Wales, and
almost all of that 13 due to a special development o f
the “ Broken Hill Proprietary Company,” which from
a product obtained in 1886 of 871,665 ounces has risen
STAVOU .
to a total product of about 12,498,301 ounces in 1893.
1892.
In 1897 there was a very considerable falling off in the
K ilo*.
6 3 4 ,5 9 4 1 8 3 output of this company’s mines because o f the strike
the last half of the year. That loss has been more than
2*4,171042
128,061-183 recovered in 1893, as will be seen from the following
M ,9 0 O - 7 $ « statement.
These figures are not official, as we have
3 8 ,7 2 4 - 6 4 9
not been able to obtain an annua! exhibit, but they are
92*679
1 0 7 ,4 5 9 * 0 9 8
made up from the weekly reports and must quite
574.40 004 2 closely approximate the actual figures.
1 ,2 2 8 ,0 9 4 - 5 2 5
39,504,800
s il t # *
product
or
m s b r o k e # u i u . i- r o i -k i r t a r v o o m p a s v .
O retlvM ed.
Surer’— -------*
Trounced.
A verage
per ton
fa the foregoing are included all the items which W a r OtmeMt,
T om .
Ounce*.
9.171,877
37-26
..........................219.311
are matter of record— the amount deposited at the isswi .
(<.953,00*
3 4 -7 0
1891 .
mint*, and every form o f silver export*, the exports xm%. ,*,*
7.005,572
....................... 208.13*
3 8 -5 9
12,499,304
28-48
being stated in grots, not not, probably because there 1*0 3......
An interesting and instructive fact the foregoing
were no recorded imports. It will be noticed too that
among the export* is the largo total c l 107,459*09* kilo* discloses is that the ore treated by this company is
of “ argentiferous lead ami copper," also
tboaaand gradually growing less productive. Comparing 1890
kilos of “ silver sulphide#" and nearly 5? thou-and with 1893, the average yield of the ore per ton has de
kilos of “ silver mixed with g o l d /’ which when assayed creased nearly 9 ounces, or almost 75 per cent. In other
very likely produced loss silver and more lead 4 c . than word#, while the price of silver has been falling the
the estim ate; in reaching that conclusion we judge cost of production has been rising. This is what we
only from the ores sent to the United States, which might call cutting the margin of profit off at both ends.
appear if we follow them correctly to have so resulted. That is a very exhaustive process, but it is the recent
But p acin g that suggestion, and passing also the history o f nearly all silver mines. We can hardly think
question raised as to whether there have been any in the light o f that fact, and of the less probability in
im ports which should be deducted, there certainly can at least all the old fields of the discovery of new and
be no sufficient reason why the amount that goes into largtdy productive veins, that tinder the average price
the arts should be put as an additional item into the o f 1893 the present silver supply can be kept up long.
There is a point with reference to Australian silver
production of Mexico at all, h is an absolutely uninvestigated and unknown quantity, and if added to enlarge production which we have not been able wholly to un
the production
most be immediately thereafter ravel, That is to say, wo have not yet obtained the
deducted in just the same amount to reach a correct facts which satisfy ua what is done with the produc
statement of the supply Mexico furnishes for the use of tion. and hence we are a little inclined to think it is
commerce.
For what the public requires in a report overstated. The branch mints in Australia are not
of this kind is a total which shall stand for the new permitted to coin silver ; all that business is done for
supply that annually comes on the markets of the the colonies by Great Britain. Hence none of Austra
world. The public has not the least interest in making lia’* production of silver can go into circulation ; not
the production of any country small or big.
Besides, over a million ounces of it in the refined state have
as there are no statistics of home consumption in gone to Great Britain in a year, and about four million
Mexico, there is not a scrap of evidence that an ounce ounces have been taken by India ; besides the foregoing
of untainted metal goes into the arts ; the probabilities there is gome ore received iu Great Britain. A lto
seem to be that Mexican dollars and bars (all of which gether, however, quite a large part of the production
are included as the foregoing statement shows In the remains unaccounted for, and which we have to assume
figure- of production) fam ish a good part if not the is consumed in the arts at home. We shall hope
whole of the silver thus used, Jeweler* are not so shortly to get possession of the facts which will enable
situated as to refine silver—they use what has been us to rem ove the uncertainty at present existing.
S i l v e r P u o n c cr i s t u e W o u l d . — W i t h t h e s e pre
refined for them.
For the reasons given we adopted Mr. Stavol/s fig- liminary suggestions as to the production, and as to the
ares for production in Mexico, believing them to lie not j development of a decreasing tendency in the aggregate
a minimum but a maximum estimate of the yield of t h e j output of the silver mines of the world, we bring
mice# of that country. For Bolivia and other South j forward our usual table of the yield of the mines
American State#, which have been for years in a aim- since 1870. Wo present the results in a little differ-
101
THE CHRONICLE.
[V ol. L V III.
•ent form from those of previous yeais, expressing mining, and that movement was further stimulated by
them first in ounces—giving the ounces of production our repeal of the purchasing clause of the Sherman
in the United States, Mexico, Australia and other silver law. These events changed the proclivity of
countries in separate columns—and in a final column mining enterprise from silver to gold because of the
the commercial values of the annual product stated effect of the events on the price of silver bullion. As we
have already stated, silver dropped to 30-|d. on June 30,
in pounds sterling.
the India mints having been declared closed to silver on
SIIVEH.-WOBLD'S P O U T NIS O N E A DS E L G
R D C IO
U C S N T R IN .
P
nitM
All O e
th r
T
otal the 26tli day of the same month. Under this loss in
F e
lu
S tes. M x o A stra . C u trie T
ta
e ic . u lia o n s. otal. Values. the market value of the metal a good many silver mines
O ne
u c s.
O cm O n e .
ic ,
ucs
O ne. O ne. O ne,
ucs ucs
ucs
£*
1 1
87 ......... 1 .S ii.7 0 1 ,0 7 8 1 1 8 It,7 0 9 £ ,4 6 8 1 ,2 0 8 found it so unprofitable to continue at work that they
7 S 7 0 5 ,9 3 5 ,5 3 7 ,0 1 2 6 ,4 3 3 1 ,7 8
1 7 ......... S .:I5 ,1 3 1 ,0 7 8
83
3 8 7 9 5 ,9 3 9 ,0 8 1 ,7 0 9 5 ,8 1 0 1 ,2 1 5
1 1 1 7 ,0 1 0 8 ,1 5 1 8 ,3 5
1 7 ......... 2 .0 0 0 1 .0 7 8 1 7 8 1 ,1 0 9 0 ,5 2 0 1 .4 7 0 shut down at once and that condition and act forced
83
7 .5 ,0 0 0 5 ,0 3 1 ,5 1 5 4 ,1 0 2 7 ,0 1 6 1 ,1 3
1 1
37 ......... £ ,8 9 0 1 ,0 7 8 1 0 9 1 ,5 2 9 0 ,1 0 7 1 ,5 S 0 enterprise in the new direction.
8 1 ,0 0 9 5 ,9 3 3 ,1 9 5 3 ,8 0 -1 6 ,3 3 5 S ,9 5
1 1 ,0 0 0 5 ,9 3 0 ,4 0 5 2 ,8 0 8 0 ,3 3 3 5 ,2 5
1 5
37 ......... £ ,5 3 0 1 ,0 7 8 1 3 8 1 ,5 2 0 5 ,8 3 5 1 ,7 5 1
We must not be understood as saying that no in
T • 1 3 ,2 2 I 0 ,2 9 1 5 7 1 7 ,7 2 5 2 5 8 ,3 7 7 ,3 6 1
otal 7 -,75.1 1 (1 ,2 S 8 8 ,9 5 0 ,7 2 5 3 ,1 2 0 ,8 2 2 2 9 ,8 0
1 0
81 ......... S "'.000 1 ,0 1 3 1 8 1 1 ,8 S 0 0 ,5 7 5 1 ,0 1 5 creased movement towards gold had taken place in the
”
7 1 ,2 9 0 ,2 7 5 0 ,S O 3 3 ,2 6 3 6 ,9 9
1 7 ....... 3u
87
,..:,0O 1 ,1 0 0
O 9 0 ,8 9 8 ,0 9 1 ,2 3 0 6 ,2 0 5 1 .5 1 0 United States before the India mints closed. A ll we intend
5 1 8 3 ,0 8 8 7 ,5 0 5 9 ,0 1
1 7 ....... 3 ,9 1 0 2 ,1 2 9 1 0 7 1 ,1 9 2 7 ,6 8 9 1 ,9 0 1
88
1 .U,0 0 0 3 ,7 0 0 ,5 0 7 5 ,1 2 2 1 ,7 4 5 1 ,8 3
X7 ......... 3 ,5 0 0 2 ,8 0 3 1 7 3 2 ,1 2 1 7 ,2 5 1 1 ,0 9 5 to assert is that a general and marked change occurred
8H
1 5 ,0 0 0 5 ,1 3 2 ,5 7 3 7 ,0 0 5 0 ,7 0 6 5 ,5 3
0 2 ,0 0 1 7 ,2 3 3 ,0 1 1 1 ,8 3 0 7 ,7 7 0 1 ,7 2
IS i)......... 3 ,3 0 0 2 .1 3 0 1 1 7 2 ,8 4 8 7 ,1 2 3 1 ,0 8 5 about the middle of last year. Before that, in 1892,
S
T '76-’80.157,622,000 0 ,1 3 1 5 2 2 9 ,5 7 9 3 0 3 ,0 3 7 ,1 9 1
otal
8 3 ,2 0 0 ,0 0 9 1 ,7 3 5 ,1 5 3 8 7 ,7 1
1 1
85 ......... 3 .2 0 0 2 ,0 5 1
3 0 ,0 0 3 8 ,2 5 9 ,0 6 2 ,2 6 5 8 ,2 8 0 1 ,5 2 5 and indeed as far hack as 1891, lower silver had begun
7 9 1 2 ,0 0 1 0 ,9 1 7 0 ,1 6
1 8 ......... 3 ,2 0 0 2 ,7 2 8
.8 2
0 0 ,0 0 3 0 ,1 3 6 ,0 5 2 .5 2 1 8 .0 9 5 1 ,8 7 7 to draw attention away from that metal and had in
1 3 7 9 ,1 5 7 1 ,2 3 8 1 ,3 1
IS i..... ... 3 .7 0 0 2 ,9 0 3 1 6 1 2 ,5 9 1 8 ,3 2 9 1 ,8 1 5
K
5 3 ,0 0 3 5 ,6 0 1 ,0 2 9 1 ,5 8 9 5 ,1 0 8 2 ,4 9
1 9 ......... 8 ,8 0 0 2 ,6 9 1 1 5 1 2 ,5 3 3 8 ,2 8 2 1 ,1 6 5 fused new activity into gold mining. The work in
31
7 0 ,0 0 5 7 ,0 5 4 ,0 4 2 9 ,5 1 8 1 ,3 0 8 8 ,0 0
1 8 ....... 3 ,8 0 0 2 ,9 9 1 8 9 1 2 ,7 9 5 9 ,4 8 1 1 ,9 3 1 the Cripple Creek district of Colorado did not have
85
9 1 ,0 0 6 1 ,5 1 3 ,7 9 5 7 ,6 5 3 1 ,9 5 8 3 ,1 0
T '3l-’85.1 2 0 ,0 0 1 1 0 ,5 1 1 0 ,1 01 9 1 ,7 9 4 7 0 ,5 9 9 ,2 1 3 its inception in 1893. There were rich strikes there
otal
8 ,0 0 0 2 ,0 2 8 ,2 3 5 2 ,7 1 9 3 ,0 7 3 3 9 ,0 2
1 8 ......... 3 ,4 0 0 2 ,0 7 1 1 5 ,9 3 2 ,3 9 7 9 ,5 1 7 1 ,0 7 S
38
9 4 ,0 0 7 3 ,3 2 ,0 3 6 7 7 .8 3 5 1 ,1 8 8 3 ,5 2
1 8 ......... 1 ,2 0 0 2 ,0 7 8 3 8 ,9 0 2 ,0 3 1 9 ,1 5 2 1 ,2 3 3 late in 1891 and early in 1892. But it was not until
S7
1 0 ,0 0 8 1 ,2 7 ,1 4 3 5 5 ,3 2 8 1 ,5 9 8 4 ,3 6
1383......... 1 ,7 0 0 2 ,2 2 7 0 8 ,3 1 2 ,1 8 7 1 7 9 ,9 5 1 ,2 9 0 the middle of 1893 that the fresh start took place
3 8 ,0 0 8 0 ,0 1 ,1 1 7 7 7 ,4 0 0 ,6 0 1 0 3 ,6 5
0 0 ,0 0 2 7 ,7 0 ,1 0 3 2 0 ,7 1 2 ,1 9 7 2 8 ,1 1
1 8 ......... 5 ,0 0 0 3 ,9 9 7 0 5 ,2 5 3 ,0 9 7 1 4 9 ,7 9 2 ,0 9 4
89
1 9 ......... 5 ,5 0 0 3 ,0 3 1 1 ,2 7 0 3 ,6 7 9 1 2 2 ,3 1 2 .2 3 5 which has now become so general in the mining States
30
1 0 .0 0 3 2 ,0 9 1 7 ,0 3 2 2 ,6 2 3 ,0 8 1 6 3 ,7 7
T ’S ~ 0 3 ,9 0 0 1 0 1 ,5 9 3 ,1 8 0 1 4 0 ,1 1 5 ,5 1 1 1 3 6 ,1 1 as to make even 1893 show a substantial growth in
otal 6 ’9 .2 0 8 ,0 0 5 ,5 9 1 1 1 ,1 5 4 ,9 1 2 5 7 5 ,7 5 0 ,8 3 1
1 9 ......... 5 ,3 0 0 3 ,7 9 3 1 ,3 1 0 3 ,0 0 0 1 8 2 ,3 7 2 ,9 9 0 the production of g o ld ; while the promise is that there
S1
S 3 ,0 0 5 1 ,2 7 3 7 ,1 0 2 0 ,0 0 3 ,4 0 3 5 8 ,8 0
8 0 ,2 9 9 0 ,8 0 ,2 0 1 3 4 ,0 0 3 ,2 0 9 3 9 ,3 0
1892......... 5 ,0 4 8 3 ,5 4 0 9 5 ,2 0 3 ,1 1 0 1 9 0 ,2 9 2 ,0 1 0
191
81......... 5 ,0 5 6 4 ,0 0 0 1 ,6 1 0 3 ,0 0 0 1 0 0 ,5 9 2 ,8 6 8 will be a greater addition to the United States supply
2 1 .5 9 2 0 ,0 0 4 9 ,0 0 2 0 ,0 0 4 ,7 6 0 0 8 ,1 1
"Values of silverInthis table are com ercial values and are com of that metal in 1894 and in subsequent years.
m
puted on th average price each year of silver as given by M
e
essrs.
Mr. Valentine’s figures for the gold output iu 1893 of
Fixley & Abell, L d . Value of £ in this table $4-8665.
on on
the States and Territories west of the Missouri River is
The above figures for 1893 are of course incom
plete, being largely estimated. For 1892 the total $33,948,723. That total compares with $29,847,444,
production in ounces will he seen to have been a the estimate of the same authority for 1892, or an in
little over 139 million ounces, of which the mines of crease of a little over 4 million dollars, or 193,500
the United States contributed about 42 per cent. ounces. Mr. Preston, the Director of the Mint, esti
For 1893 we have very likely given the total ounces mates that his probable figure for the whole United
too large, the estimate being larger than in 1892 States will be about $35,000,000, which compares with
notwithstanding a falling off of 6 million ounces in the the Mint estimate of $33,014,981 in 1892, giving an
United {Rates. The decrease in the United States is increase of less than 2 million dollars or, 96,013 ounces.
more than made good by an estimated increase in Of course Mr. Preston’ s figures are only approxima
Mexico and Australasia, either or both of which may tions as y e t ; they may turn out to be quite far from the
fact when all his returns are received and he is in con
have to be lessened on fuller returns.
dition to prepare his report, which he expects will be
GOLD P O U TIO IN TH W R D
RDC N
E OL.
ready early in April. A t present he estimates that
With regard to the world’s gold product, the conspicu
Colorado will show an increase of 90,000 ounces, that
ous feature is a directly opposite tendency to that which
Montana, Arizona and Hew Mexico will also have a small
the silver production exhibits. The silver mines of
gain, while Hevada will show a loss; the reports for Cal
the world are probably in the aggregate turning
ifornia, Oregon and Washington are not yet in, but each
out less silver to-day than they were a year ago.
is expected-to record a gain. We give below the Mint
On the contrary, the gold mines of the world
gold results for the whole United States since 1877 and
are turning out- in January, 1894, more gold than they
add Mr. Valentine’s figures for the States and T errito
were in January, 1893. This tendency in gold towards
ries west of the Missouri River for the same years.
an increased production has indeed been observable for
UN ITED STATES ESTIM ATES OP P R O D U C T IO N SINCE 1877.
a number of years back. The lowest figures for gold
-------- -------------- — Estimates ofMint Bureau.
Mr. Valentine.
were reached from 1881 to 1835, both years inclusive,
Gold production V. S.
Fine os.
Value.
Value.
1878 ....................................2,476,800
$51,200,000
$37,576,030
1882 showing the smallest product. Beginning with 1879 ............... ................1,881,787
38,900,000
31,470,262
36,000,000
32.559.067
1886 there has been an improvement— not uniform 1880 ................................ 1,741,500
1881 ................................1,673,612
34,700,000
30,653,959
32,500,000
29.011,318
year by year, but none the less obvious. This increase 1882 ................................ 1.572,187
1883 ................................ 1,451,250
30,000,000
27,816,640
1884 ................................
30,800,000
25,183.567
was considerable in 1891, but in 1892 it was more 1885 ................................ 1,489,950
1,538,325
31,800,000
26,393,756
1886 ................................
35,000,000
29,561,424
marked, and in 1893 it has been still more conspicuous. 1887 ................................ 1,693,125
1,596,375
33,000,000
32.500.067
33,175,000
29,987,702
The reasons for this growth can best be stated by a 1888 ..................................1 ,604 ,841
1889 ................................ 1,587,000
32,800,000
32,527,661
1890 ................................ 1,588,880
32,845,000
31,795,361
short review of the leading sources of supply.
T he U nited States.—It is a notable fact that
gold mining in the United States has received a de
tided impulse during the last few months. lu the first
half of 1893 the change was hardly discernible. But
almost immediately following the announcement of the
closing of the India mints to the free coinage of silver
by private parties, new attention was turned to gold
1891 ................................ 1,604,84 0
l s 9 2 ................. ................. 1,597,098
1893....................................1,693,111*
33,175,000
33,014,981
35,000,000*
31,635,118
20,847,444
33,948,723
* R ough estimates by the Mint fo r 1893.
Prior to and including 1879 Mr. Valentine’ s figures
were unquestionably accepted by the trade ; but since
1879 the Mint results have been taken as the only
authority, and no doubt they are as nearly accurate as
can he attained in such work.
THE CHRONICLE.
Febscaet 3, 1894, J
S outh A f r ic a .— After the United States, Australia
and Russia hare during a long series of years been the
two largest producers of gold in the world, for a time
Australia even taking precedence of the United S ates.
Recently, as our former reports have shown, a new
source of supply has come into existence, one which has
developed so rapidly that this year it has passed Russia
and is nearing the first place among the great contrib
utors to the world’s annual addition to the stock of
that metal. The first record we have o f South African
mines is for 1887; then the total product was only
38,731 fine ounces. As we have explained on previous
occasions, this start was in the Witwatersrandt district,
and that district has been developing so fast that in
1893 its total output was 1,218,190 fine ounces of a
value of £5, 174,655. The foregoing, it should be
noted, is the total product for the years named stated in
fine ounces. The reports of that district are always
made in ounces valued at £3 10s., and th» fallowing is
a summary of reports issued by the Chamber of Mines
for each year since the movement began .
OCSO'B* T U B U
»T £ 3 lo s .
W ittcaitrsrm df DiHnet.
1*87 (part y e a n ................. .................
Os.
...
i s t o ......................................... ................ .......
ISOO...........................................................
1 7 9 1 ...........................................................
l-S lS ...........................................................
1
..... ... .............................................
TPolSkl
.». ■..
£
1 2 J .U 0
891,210
1.342.404
1.732.0 a
■2.552,333
4,-355.5*2 4
5,174.655
2 lO.OI 7
383.?. W
5t»7,9.,2
15,067,307
205
recovered from the depression from which for three
years they have bem suffering, though there is im
provement in some of the colonies. As is quite natu
ral, the depression seems to have led to increased
production and especially to increased gold production,
a3 low prices are ruling for all other products. A new
gold field was opened in Western Australia in 1892 and
has this year added somewhat to its production, while
the output of Queensland is also reported to show a
further increase.
Special developments in the last
mentioned colony have been in progress for two years
and they are bearing fruit now.
R u s s i a . — W e have a report from Russia stating that
it has shared in the general tendency everywhere pre
vailing in 1893 to increase the product of gold, but we
have no exact returns for any portion of the year. W e
however raise the 1893 figures over those of 1892 a
trifle. It is a significant fact that Russia, which
has been for so many years the third producer of gold
iu the world, is passed by South Africa this year,
and becomes consequently the fourth in the extent
of its product.
Still, it appears to be of little
moment so far as the world’s supply is concerned,
whether Russia’s output of gold is largo or small, for
daring late yearn it ha3 steadily imported more gold
than it exported. For 1892 the imports (according to
a dispatch to the Director of the Mint from St. Peters
burg) reached 134,663-036 kilograms and the exports
only 294-848; that is to say, Russia took out of the
world’s supply iu that single year 131,363-183 kilo
grams, which is equal to about
million ounces, or
about 89i m illion dollars.
G old P roduct in the W orld .— T he foregoing
facts with relation to the leading producers of gold
have enabled us to add an estimate for 1893 to our
table of the world's gold production since 1870. We
have changed the form of the table this year so as togive the annual supply of the different producers in
fine ounces, and a foot note explains how the ounce&
can be turned into dollars and sterling.
According to the above the total gross ounces pro
duced in 1883 was 1,478,573.
An examination of the
monthly returns is even more encouraging than the
comparison of the anuual totals. Or if we confine our
study to the quarterly result* we have exhibits ex
tremely promising. They show the following surprising
and steady increase ; for the first quarter the total out
put wa:s 313,200 ounces, second quarter was 351,871
ounces, third quarter was 391,823 ounces and the fourth
quarter was 431,679 ounces. If we awn me that the
average monthly product obtained in the last quarter
will be obtained in that district during all the months
of next year the gro$s ounces will reach 1,686,716 and
CSOLD.—w oH bo'a n o u o c n o s is o csck s axl> s te e liso .
the value (at £3 10s. per ounce) would be T o,903,306;
U ite
n d
O
tter
and yet the prospect is that this estimate understates nm
A
annua. S U k K »«la Afilea. C n , T
UM u oo trtM otal.
tm . (fm m & w * Qm , O cm O r -M
um
O e.
ttBM
w . w m v tm
the product in 1894 o f the Randt mines.
m . mn .
mi.,.,, . ..... . 8 7 .7 Umjm 1 8 ,0 0 ...... 4 iijm 6 1 ,5 8
XX W
,3 4 0
T
,0 0 0
Besides, the Witwatersrandt mines do not now ms.... .....
,1 0 0
iM%m. 1 1 ,0 0 ........ 40 34 5 9 ,0 0
7.8* ,6 2 1
1 0 .in em i>
.9 7
*3
o®
4 0 3 5 5 ,8
1 J S ,5 0 U
include all of South Africa in which gold mines are 17.
1 7 ,0 3 1 9 0 0 ....... 4 0 8 54«i3,m
.8 0 7 ,0 4 0
W* ....... —.
7
7 X2
being developed. The Barberton gold field is another w
*a............. .
,3 0 7
,« 470^ 5 6 ,9 7
*
productive district which has only obtained prominence S ltr M k .im m
toat n H.
........ 2 0 0 a.0 8 1
^ *4 0 * S,4 4
.... ......
£ 8 ,6 0 umum
,0 6 0
the last three years. We have not however space to
.a,,,,,.-. . M «M L H H 137 4
*L
P T i * 141
S 1 2 5 1 .5 4
S ,M ,0 0 5
refer in detail to these newer districts. The returns im............ .
,V .-,0 ** * 2,, 7 ,1 1 9
umMf 1 .* 0 .a*:.* 5001 6 8 ,0 2
m ....,*.... . . 1 mm iM
Tjsm ymjm
.4
'p .-.iQ 5 * ,5 1
u
,0 6 6
we have secured are more nearly complete than in any itm. . .. . .. . u&u&t 144140
0
6 4 0 5 1 ,1 8
3 ,5 8 .2 1 0
previous year and we are able to revise our table, though ^ otal 1 7 -8 .. . tjmjam sxaoxio $mi.m
T 39 0
2 6 .4 3 m.ms.fm
.7 9 S
it needed but little revision. As already stated, the ML........... . wn,m 1 7 ,8 3 1 9 .4 3
.8 3 1 ,1 1 7
4 7 ,9 0
,9 8 8
1 2 ....... , ymjm 1 7
«8 .„...
,5 2 lamsn
mmi 4 8,71
,86 14
ounces given in the above report are of the value of I0 8 ........... . im jm 14S ,im L S W
1.S 1 W
0
8L
92 9
1 .1 *
imi,..., ... ...... . IJ&
iJU 1 8 ,0 0
um,am
.4 6 0
£3 10s. per ounce. In the following statement we
S 04
.W5 4
..... . U M umjm um.rm ........ mi7i7 6 L 8
have expressed the same results in fine ounces and
3W 2 .7 0 2
T l 1 S 6 . , & M 7 3 ,3 1
ota 8 M
........ 4 7 ,7 * 2 ,5 7 *
,1 7 1 4 0 ,79
have also added our estimate for the rest of Africa 1 9............ . 1 5 8 0 1 0,1-* vn.tx
S#
.2 7 7 .03 * ’
1 7 ,3 2 5 1 ,3 3
,1 1 3 .0 4 6
w
,8 8 7
S.7.1 A * 0 5 0 ,4 0
.3 7 W,6S ,0 1 9
marie up from the best sources of information open 1 ,,......... . , lamam 1 0 ,3 5 mym
to s s .
AI-iJCA » OOW* TOOBCOTtOS—T O R O C S i/C .
^mttsatunrarnU-,
Few.
O futttk
m
«* r (part rear*. ... 2X.fi*
tm< ...... .
mm,.. ......... ... t u r n
m o ....... .
1861.......... . ... w $jm
iaw......... ....... ...1.601.8*8
1*3.......... .
...LXMUM
Total.
...*.763X67
£
1*2.14®
mmav)
u m jM
tm M i
XHU h
4X66,6*4
M7M66
1S.H
67.JO
?
— OUur~----- - . -------- Total------------- p>tal____ —
Ounam
.
......
60..X
O
S0//X
£
suxso
SXM
m am
mjm
m jm
*•©,«■» SlO.i’Si
a jm iAmam
m
870,000 S S 60
.0B .IS
tMwm.
t*.?$*
tMjm
im.<m
§07,750
m jm
1X01,813
1X63,198
*.*»
,6 4 4 ,0 0 6 3 ,2 6 3 ,3 3 ,mjg»
18............ . iM+jm 1 0 ,81 1 0 .1 1 2 0 0 0 0 0 5
88
2 0 0 X7 0 ,14 7 0 . 3 6 ,5 9 ,0 1 3
VW
.......... . . 1 4 ,0 7 1 6 ,0 0 1 * .0 6 3 6"3 0 3 3 6 1 ,2 *
. 1 * ,15 lX M o
,43 7! S S
* 7 5 L 6 .6 7 5 3 .0 0
0 .7 0 8 5 0 ,7 9 0
.8 5 6 .0 0 2 X2 0 .13 9 .O .2 4 0 8 ,6 0
T tfmm.. . 6 X,6 3 8 7 X1 6 1 ,6 9 1 * ,7 3 S U 5 2 ,0 2 2
otal
lS O . 0.S O .1 S * 2 X0 .0 5 0 ,1 3 4
1»L.... ....... . tA X O 164 W 1 6 .7* 7 3 8 1 0 ,2 3 6 0 ,4 7
,6 8 3
W
2............. . 1 3 ,2 8 £mjm 1 9 .2 6 1 0.8 S 1 1 ,1 2 0 6 ,5 2
,1 8 0 .2 I 1 4 5 ^ .7 0 4
1*1..............* .0 5 0 1 9 ,1 1 * X0 0 1 9 ,1 0* 4 0 9 7 9 ,3 7
1 7 ,0 0 .8 3 1 1 0 .0 0 ,0 3 0 1 0 ,0 0 ,2 1 0
£
122.W
0
2.030.000
1.551494
* Estimated.
2,156,811
Ounce* In above table can be turned into dollars by mnRiplylnft t>y
s,t*n,xm
S4«M»4 20-6718. The value ia A .terllo* can Be ascertained by multiplying
0.640440 tbe on net;, by 4-1478.
1B.88J.3j3
It will be noticed that according to the above esti
A u stra la sia .— T here is little that we can add to mates for 1893 the year’s product is likely to reach
our report of last year with reference to the gold pro about 7,291,307 ounces, which stated in dollars would
duction in Australasia. These colonies have not vet be 6150,724,440, and in sterling £30,972,014.
2 0 6
THE CHRONICLE.
railroad officials as to the pernicious effects of the
This is especially
noteworthy inasmuch as the Inter-State Commission
has been trying so hard to make it appear that
the statute in question was not responsible for
the misfortunes which have overtaken the rail
,
Says H . II. Porter— “ I count the Interj roads.
State Commerce law, as the law is, one of the most
disastrous in its effects on all railroad property without
general benefit anywhere. It started ou the vicious
principle that parties interested and having a knowlege of railroad property could not be trusted, and that
consequently it must be entirely controlled by inexper
ienced theorists and with the sentiment that railroad
knowledge could and would only he used to embarrass
and not to help the public.” President Cable is no
less emphatic. He says the Inter-State Law “ is alto
gether harmful. Riilroads are not permitted to
conduct their business on the lines necessary to render
it profitable. They cannot legally make a rate to suit
an emergency. * * Competing lines, too, are kept
scrambling for traffic which a business arrangement be
tween them would obviate. * * The only relief I
can see, except better times, is the amendment or repeal
of the objectionable features of the Inter-State L aw .”
President Stuyvesant Fish holds similar views as to
the effects of State and national legislation, saying:
“ W e are now held down by Federal and State com
missions, which make exactions with which the rail
ways must comply, and which are in many cases
inconsistent with and opposed to good common sense
and business policy. While doing this, no protection
is afforded to the interest of the railroad companies—
new lines are permitted to parallel the old ones until
competition is carried to the point of bankruptcy.”
Mr. Pullman gives it as his opinion that “ the InterState law has been a great detriment to the railroads.
Before we had that law they were able to ad j ust differ
ences through a money pool. That being denied them,
rate wars were inevitable.”
President Blaekstone
declares he is in favor of the repeal of the anti-pooling
clause of the A ct to Regulate Commerce, for the
reason that he thinks it unwisely and unjustly restricts
railway management.
General Manager St. John says
that in his judgment the anti-pooling clause, with one
or two others in the Inter-State act, should be repealed
—-“ admittedly proven a dead letter it has been posi
tively injurious to railroads, shippers and the public
at large.”
Vice-President Ripley of the St. Paul
points out that railways form the only institutions
controlled by law that are not protected by law, and
that pooling is an actual benefit to the public as well
as to the railroads. “ Through it rates can be main
tained and the possibility of discrimination is removed
by making it unnecessary to discriminate. * * *
The repeal of the anti-pooling clause in the Inter-State
Commerce law would do more good for railroads now
than anything else, with the exception of the re
sumption of good times.”
Chairman Midgley of the Western Freight Associa
tion expresses himself much to the same effect. “ The
Inter-State law is a burden to the railroad interests of
the country. It interferes with the management of
large interests. Me,n who know comparatively little
about the .-operation of railroads sit in judgment over
the actions of those who are familiar therewith,
and who must protect the interests they represent.
* * The law forbids pooling, the very thing by
which roads in competition could be made to pay
a A USES OF R A I L W A Y EMBARRASSMENTS. operation of the Inter-State Law.
The “ Chicago Daily T ribu n e” last week made an
important contribution to the discussion of railway
questions in getting expressions of opinion upon the
railroad situation from the managers of some of the
leading roads running out of Chicago. Not only are
the officials interviewed able railroad men, connected
with some of the largest and most prominent systems
in the country, but many of them are close students of
railroad affairs and of course they all speak from per
sonal and official knowledge and experience. Among
those from whom the “ Tribune” was fortunate
enough to secure interviews we may mention T. B.
Blaekstone, the President of the Chicago & Alton ; R.
R. Cable, the President, and E. St. John, the General
Manager, of the Rock Isla n d ; President Stuyvesant
Pish and Vice-President Haraban of the Illinois Cen
tral ; Chairman H . II. Porter of the Chicago & Eastern
Illinois; Vice-President E. P. Ripley of the Milwaukee
A St. P a u l; President George M. Pullman of Pullm ans Palace Oar Company, and Chairman J. W.
Midgley of the Western Freight Association.
What men of such position and standing have
to say deserves very careful consideration, and we are
sure their utterances will carry great weight not only
among their associates, but with the general com
munity as well. In this sense, the practically unan
imous opinion as to the causes responsible for the
present situation is a noteworthy and significant cir
cumstance. . Of course, the present extraordinary
losses in earnings are directly referable to the great
depression of business. But these losses simply mark
the culmination of a long series of unfavorable results,
lo r the situation had been steadily growing worse even
before the panic appeared to deal the final blow. The
history of the last few years is a record of diminishing
profits, with reductions and suspensions of dividends,
defaults in the payment of mortgage interest, and rail
road receiverships. What accounts for this lack of
prosperity in the carrying interest, so closely connected
with all our other industries ? There is some difference
o f opinion as to the precise importance to be assigned
to each of the various influences which have combined
to make the railroad business so unsatisfactory, but
there is general agreement as to the influences them
selves. The.great reductions in rates, brought about
by the intensity of competition and the meddlesome
action of public authorities, both State and national,
the building of much unnecessary mileage thus in
creasing the number of competitors among which to
divide the business, the higher cost of labor, and the
demands of the public for improved and more com
modious service— these are the influences which have
com bined to make the task of railroad managers so
•difficult. There has been no reason to complain as
to the volume ol' business, which until the ad
vent o f the panic kept steadily growing ; hut the in
fluences mentioned so greatly augmented the cost of
•operating the roads that it was almost impossible to
add to the total of net earnings. Very naturally when
o u top of all this there came such an extraordinary
occurrence as the period of industrial depression
through which we are passing and from which we have
n ot yet emerged, a long list of disasters and calamities
am ong the railroads was inevitable.
There is no dissent from this. But perhaps the
most striking fact brought out by the interviews' is the
otstn-iii.- of ppi: An which they show to exist among
[Y ol, w i n ,
KEBfiUAJtY 8, 18S4.1
THE CHRONICLE.
307
by a division of tonnage and a reduction of expendi (Illinois) crossed at various points by the Mackey
tures. * * * * The greatest relief practicable for system, and the Peoria Decatur & Evansville Railroad
the roads, except the general resumption of good tim es/ among oth ers; in Kentucky and Tennessee we have
would be the repeat of the fifth section of the law.’ the Paducah Tennessee & Alabama, the Chesapeake
Mr. Midgley also dwells upon the magnitude of the Ohio & Southwestern and the Memphis & Charleston
railroad interest and of its close connection with the all operated by receivers; while every railroad which
other industries as a reason and incentive for treating crosses the Illinois Central in the State of Mississippi
it more liberally. Think of the millions of men, he is in arrears for interest on its bonded debt. Although
Bays, and the large interests which suffer when the rail the condition is somewhat better in Louisiana, there is,
roads do. They are great employers of labor, and they even there, no absence of defaults and receiverships.'”
A statement is given to show how greatly the traffic
are great purchasers.
When they cease building,
rolling mills, lumber interests and other lines o f trade of the Illinois Central has increased during the last
immediately feel the effects.
When the roads have to decade while at the sametime the aggregate of net earn
reduce expenses it means a shrinkage of millions of ings actually decreased— in which the Illinois Central
is merely typical of many other reads. This is the re
dollars in circulation.
With such a unanimous expression o f belief as to the sult of the decline in rates and the augmentation in
harmful nature of certain features of the Inter-State operating cost. One source of increased expenses is
law, Congress should certainly give heed to the plead found iu the item of wages. The Illinois Central has
ings of railroad managers and amend the law in those been paying its engineers and firemen a constantly in
particulars. Bearing upon the necessity of aggressive creasing rate, not merely per day or by the hour but
action upon the part of railroad managements to secure per mile run. The highest rate paid by the company
these ends, Mr. Stuyvesant Fish makes some excellent in greenbacks was in 1867, namely 6*18 cents per mile,
suggestions. Ue says “ the time has come when rail equivalent in gold to 4*40 cents. In 1892 the rate per
road men should be more outspoken and active in de mile ruu was 6*36 cents and in 1893 6*40 cents, so that
fense of the interests intrusted to them. There is no the company is now paying more in gold than it form
reason why any of them should uot go to the members erly paid » depreciated currency, and of course the
ji
of Congress and of State legislatures representing the purchasing power o f the money is vastly greater at the
districts in which the property lies in behalf of their present time. Mr. Fish says that one of the most
business in exactly the same manner and with the serious problems confronting railroad managers to-day
same certainty o f receiving attention as my other Is how to shape expenses so as to secure an adequate
citizen or tax-payer could and does. Railroad com return upon the capital invested without making
missioners and legislators should be made familiar serious reductions in wages. As yet such a step has
with the difficulties, financial and physical, under been avoided by the Illinois Central, and it will bo the
which railways are being operated." Regarding the endeavor to continue not to make aoy cut In wages,
charge that the railway system has been over capital though on the other hand this will necessitate, we are
ized, that the stock has been watered, etc., Mr. Fish told, considerable reductions in service rendered to the
declares that as far at least m the Illinois Central is public and in the force employed. Tn the West people
concerned, there is no foundation for the claim. Not have yet to understand, Mr. Fish observes, that if they
only has the *tock been paid for in money, but mil seek by legislation to control the revenues of the rail
lions of dollars of current earnings bate in past years ways, they must also protect them, or put up with
been applied to the betterment of the property and poorer and less safe service.
the reduction of debt incurred for that purpose. It is
This latter is the all important fact. If the revenues
noteworthy that President Blackstone o f the Chicago of the roads are curtailed, then the service must suffer
& Alton also combats the notion that the capitalization and the employes of the roads must likewise suffer.
of the railways is on a greatly inflated basis. The Hitherto the roads hare in many cases had a partial
Chicago & Alton itielf, he avers, is capitalized at only offset in reductions in the rate of interest on their
half its actual cost, and speaking generally he thinks bonded debt. Twenty years ago, 7, 8 and even 10 per
it is safe to say that while in many cases watered stock cent interest was not uncommon in railroad mortgages;
has been issued the total capitalization o f the railroads since 1881 the Illinois Central has not issued a bond
of the country at present is many millions of dollars bearing a higher rate than -1 per cent. Immense
less than their actual cost, the reduction having been economies have also been effected through the use
mainly the result o ! foreclosures,
of steel rails in place of iron, and by substituting more
Mr. F;«h likewise makes some interesting observa powerful locomotives and cars o f greater capacity.
tions bearing upon the condition# which at present: Formerly the Illinois Central had no cars that could
confront the railroads. From one end to the other, carry more than eight or ten tons; now tho com
he lays, the Illinois Central is crossed at frequent in pany builds none o f less capacity than thirty
tervals by railways which have within the* last year or tons. But the difficulty is, Mr. Fish well says,
two ceased paying dividends on the capital invested in. that these economies cannot bo carried further.
them or the interest on their debt, m well as hy m an ; Capitalists will not lend at lower rates ; nothing more
which have actually gone into the hands of the courts. durable than the steel rail has been invented or sug
*' i f f the seven railways entering Sioux City (our West gested, and it is impracticable to further increase the
ern terminus) three are now operated by receivers.; power o f engines or the capacity of cars. Wo therefore
Without mentioning minor default# in Iowa and come back to the dilemma o f either increasing rates
Kortberp Illinois, we find right here in Chicago that for transportation or reducing service and wages.
in spite of the increased business incident to the Fair
There is no flaw in this argument, and it emphasizes
the largest railway system entering the city is in this and makes clear the necessity for a more liberal policy
last predicam ent; so also is one of the traas-Conti- in the treatment of the carrying interest. The officials
nental roads and at least one o f the trunk lines to the quoted have rendered an important service iu bringing
Bast. Turning to the South, wo are iu this State the situation so prominently to public notice.
THE CHRONICLE.:
'2 0 8
COTTON SUPPLY AND CONSUM
PTION IN
EUROPE.
Mr. Ellison’s “ Annual Review of the Cotton Trade
for the year 1893 ” was issued in. Liverpool on Tuesday
o f the current week, and by cable we have obtained all
the results of interest it contains. In addition to
-covering the statistics of supply and consumption for
the calendar year and the first quarter of the new crop
season, the circular gives detailed estimates of imports,
-consumption, etc., for the period from January 1 to
September 30, 1894. The actual results for 1893 in
bales of 400 lbs. are as follow s:
S F IS N E B 3 '
TAKINGS,
CONSUMPTION AN D
In 400-lb. B a la .
STOCKS IN
1893.
Total.
GL Britain. Continent.
200,000
3,599,000
284,000
4,620,000
484,000
8,219,000
Consum ption........................ ..............
3.799.000
3.707.000
4.904.000
4.535.000
8.703.000
8.292.000
fitoeks January 1 ,1 8 9 4 ....................
92,000
319,000
411,000
W eekly consum ption..... . . ................
71,288
8S 173
159,461
Stoc Its J an unry 1, 1833............. .......
[VOL. L V II I.
From the point of view o f the manufacturer,
the year has not been a satisfactory one in Great
Britain, although not so unfavorable as 1892. Our
cable states that 93 corporations in the Oldham
district exhibit a combined loos of £72,768, or £782 per
mill— the most unsatisfactory showing since 1884 with
the exception noted above.
1 8 9 3 ..9 3 Companies___ ___ Loss,
“
___ ___ Loss,
1 8 9 2 ..9 0
it
1 8 9 1 ..9 3
n
1 8 9 0 ..9 0
a
1889..86
u
....
18 88..8 5
ft
1887. .88
....
“
“
1886..90
18 85..8 7
«
....
"
18 84..6 0
. . . . ....P r o fit,
£ 7 2 ,7 6 8 ....
1 0 1 ,4 3 4 ... ..........
1 0 ,7 6 3 ...
3 7 6 ,0 4 1 ...
2 2 0 ,5 8 7 ....
2 5 0 ,9 3 2 .... ___
8 5 ,8 1 0 ....
6 1 ,7 1 8 ....
2 ,7 3 0 ....
1 2 5 ,0 0 0 ....
£
“
ft
It
t(
“
it
if
ft
782
1,127
115
4,178
2,565
2,952
973
685
31
2,083
The exports of yarns and goods from Great Britain
were 67,410,000 lbs. less in 1893 than in the preceding
year. The details by months and quarters for 1893
and 1892 were given in the C hron icle of January 20,
page 137.
Spinners’ takings for the three months of the season
since October 1 are as follows :
It will be observed that there has been an appreci
able decrease in the consumption of cotton in Great
Great Britain. Continent.
Oct. 1 to Jan. 1.
Total.
Britain the p ist year. This result is largely due to
F or 1893,
the stoppage of spindles consequent upon the strike in Takings b y spinners.. .bales
872,000
1,005,000
1,877,000
479
485
482it
Lancashire during the first three months of the year Average w eight of bales.lbs
Takings in pounds............. .. 417,388,000 487,325,000 905,213,000
and in some measure to the coal strike. On the Con
F or 1892.
tinent consumption has slightly increased. The fore Takings by spinners.. .bales
790,000
930,000
1,720,000
going statements cover the year 1893 only ; hut to bring Average weight o f bales.lbs.
498
480
48S*>s
?9 4,429,000 446,400.000 8 40.829,000
Takings in nmrnils.........
out clearly the relation the figures for a number of years
According to the above, the average weight of the
bear to each other we have prepared fhe following, which
deliveries in Great Britain is 479 pounds per bale this
embraces the seasons from 1886 to 1893 inclusive :
season against 498 pounds during the same time last
j Spin’rs'
Spin'rs* Weekly
Con
Bales o f
season. The Continental deliveries average 485 pounds
! Stock Takings. Supply. sumption. Stock
Con400 Lbs.
j Jan. 1.
Dec. 31, sumpi’ n against 480 pounds last year, and for the whole of
•Crt. B r it a in
Europe the deliveries average 482J pounds per bale
U 8 9 3 .,............ |200,0C0 3,599,000 3,799,000 3,707,000 92,000 71,288
against 488J pounds last season. Our dispatch also
fU
18 92............... 1105 O 3.330,000 4,001,000 3,801,000 200,000 73,096
18 91............... j 204,0 0 4,13(5,000 4,340,000 4,175,000 165,000 80,288 gives the full movement for this year and last year in
1.890............... 193,00* 4,152,000 4,345,00u 4,141,000 204,000 79,634 bales of 400 pounds.
89,000 3,919,000 4,018,000 3,825,000 193,000 73,558
1889...............
1883............... . 290,000 3,631,000 3,921,00, 3,822,000 99,000 73,500
1 8 8 7 ............... j 190,000 3,817,000 4,007,000 3,717,O0( 290,000 71,481
1 8 8 6 ................. 136,000 3,736,001 3,872,000 3,682,00( 190,000 70,800
C o n t in e n t .
1 8 9 3 ..........
1 8 9 2 ................
1891...............
1890.................
1 8 8 9 ...............
1888...............
1887.................
1386.................
| 84,000
332,000
!27i’ ,000
j 179,000
147,000
'4 7 3 / 00
| 83,000
251,000
4,620.000 4,904,000
4,528 000 4,860,000
4,604,000 4,883,000
4,481,000 4,660,000
4,153,000 4,300,000
3,522,000 3,995,00.
4.077,000,4,165,00(1
3,341,0003,592,000
4,585,000
4,576,000
4,551,000
4,381,000
4,121,000
3,848,000
3,692,000
3,504,000
319,000
284,000
332,000
279,00
179,000
147,000
473,000
88,000
A ll E u r o p e .
1 8 9 3 ............... jiSJ.Orois,219,000 8,703,000 8,292,006 411,000
1892 ............... ]-197,00018,364,<00,8,861,000 8,377,00* 484,00(
1891................. 14,33,000 3,740,000 9,223,000 8,726,000 497,000
1 6 8 0 ................. 372,00(48,633,000 [9,005,000 8,522,000 483,000
1889............... 246,000 8,072,000 8,318,000 7,946,000 372,000
1888............... .763,001 7,153,000 7,916,000 7,670,000 246,000
1 8 8 7 ................. 278.000*7,894,000 8,172,000 7,409,000 763,00(
1886................. '387t0C0' 7,077,000* 7,464,000*7,186,000,278,000
88,173
88,000
87,519
84,250
79,250
74,000
71,000
67,385
159,461
161,096
167.807'
163,884
152,808'
147,500
142,481
138,185
Oct. 1 to Jan. 1.
Bales o f 400 lbs. each,
000s omitted.
1893,
1892,
Great
Britain.
Oo'ntinen t
Total.
Great
Britain.
Spinners’ stock O e t l.
Takings in O ctob er...
68,
316,
258,
285,
326,
601,
114,
308,
333,
228,
44 7,
536,
Total supply.........
Consump. Oct., 4 wks.
384,
312,
543,
356,
927,
668,
422,
320,
561,
352,
983,
672,
Spinners’ stock Nov. 1
Takings in November.
72,
326,
187,
388,
259,
714,
102,
352,
209,
411,
311,
76 3,
Total supply.........
Consump. N ov., 4 wks.
398,
314,
575,
356,
973,
6 (0 ,
454,
248,
620,
352,
1,074,
60 0,
Spinners’ stock Dec, 1
Takings in D ecember.
84,
403,
219,
545,
303,
948,
206,
316,
268,
456,
474,
772,
Total supply.........
Consump. Dee., 5 wks.
487,
395,
764,
445,
1,251,
840,
522,
322,
724,
440,
1,246,
762,
Spinners’ stock .Tan. 1
92.
319.
411.
200.
284.
484
Conti Total.
nent.
The comparison with last year is made more striking
The above enables the reader to readily determine
by bringing together the above totals and adding the
how important has been the decline in consumption
average weekly consumption up to this time for the
the past two years in Great Britain. From an average
two years.
o f 80,2$8 bales of 400 lbs. each week in 1891 there was
Oct. 1 to Jan. 1.
-a drop in 1892 to 73,096 bales of like weights, and in
1893.
1892,
1893 to 71,288 bales. To be more exact, the aggregate Bales o f 400 lbs. each. Great Conti
Great
Conti
000* omitted.
Total.
Total.
JBritat?i nent.
Britain nent.
amount of cotton consumed in 1891 was 4,175,000
Spinners’ stock Oet. 1,
68,
114.
258,
328,
333,
447,
bales of 400 lbs. each, whereas in 1892' it reached but
askings to Jan. 1....... 1,045, 1,218. 2,2(53,
976, 1,095, 2,071,
3,801,000 bales and in 1893 only 3,707,000 bales, On
Supply.......................... 1,113, 1,476, 2,589, 1,090, 1,423, 2,518,
the Continent constant progress is seen ; from a total Oonsumpt’n 13 weeks. 1,021, 1,157. 2,178,
890, 1,144. 2,034,
o f 3,294,000 bales of 400 lbs. each, or 62,743 bales jrer Spinners’ stock Jan. 1
92,
319,
411,
200,
284,
484,
week in 1885, consumption has steadily crept up until Veelcly Consumption,
in 1893 the total for the season reached 4,585,000 bales,
00s omitted.
In O c t o b e r ............. 78.0
89.0
169.0
80,0
88,0
168,0
or 88,173 bales per week, the gain in the interval being
In N ovem ber...........
78.0
89.0
169.0
62,0
88,0
150.0
over 39 per cent.
79.0
In D ecem b er.........
168.0
89.0
64,0
152.0
88,0
FEBRC-lRY 8, 1894.]
THE CHRONICLE.
The foregoing shows that the weekly consumption is
now 168,000 bales, of 400 pounds each, against 152,000
bales of like weights at the corresponding time last
year. The total spinners’ (stocks in Great Britain and
on the Continent have increased 108,000 bales daring
the month and are now 73,000 bales less than at the
same date last season.
The cable also brings us the details o f Mr. Ellison’ s
estimate of imports, consumption, etc., for the remain
ing months of the season 1893-94. The results so far
as American cotton is concerned are based on a yield
of 7,375,000 bales. Tne aggregate imports from all
countries are placed at 4,644,000 bales, which is an in
crease of nearly 400,000 bales over the amount received
in the previous season. This 4,644,000 bales is made
up of 2,795,000 bales from the United States, 1,064,000 bales from East India, 357,000 hales from Egypt,
378.000 bales from Brasil, West Indies, etc., and
50.000 bales from Smyrna, etc. Presented in tabular
form the estimate is as follows :
jk po b m jaxvxh x
l to m v e t m a m 30.
209
OVJtBLAND FKOM 3BCTEMBEK 1 TO JfBUEOAltT 1.
1893-94.
Amount shipped—
Via 8c. Loola...............................................
Via Cairo......... .................. .......................
1892-93.
Via E vansville...........................................
Via Louisville ...........................................
Via Cincinnati............................................
Via other routes.........................................
Shipped to m ills, not Included a b o v e ...
408,131
176,975
13,100
6,068
70,587
77.683
87,042
6,277
1891-92
275,854
142,693
122,131
12,824
89,149
67,285
107,762
6,743
430,249
259,664
144,073
24,995
129,793
87,732
112,342
6,896
Total gross ov erla n d ..........................
846,953
824,446 1,195,744
Deduct shipments Overland to New York, Boston, A o___
Between Interior tow n s.........................
Galveston, inland and local nulls.........
New Orleans, Inland and local m ills...
.Mobile, inland and local mills................
Savannah, Inland and local m ills..........
Charleston, Inland and local m ills.......
N. Carol's ports. Inland and local mills.
Virginia porta. Inland and local mills..
199,465
20,451
2,041
15,400
10,955
600
5,700
625
30,368
153,303
17,943
1,806
8,160
12,672
800
8,782
1,702
7,681
227,180
44,364
319
15,300
33,285
938
4,972
513
7,318
Total to b e dedu cted ______________
274,665
217,854
334,389
R savlnc total net overland*.............
572,288
6062592
861,355
* This total Include* shipments to Canada by r ill, which »inca
September 1 to 1-93-01 amounted to 35.671 bales; m ISO.’ -3:5 were
33,191 btkw and la 1891-92 were 33.913 bales.
Estimated, Actual.
Actuil.
1894.
1803.
3992.
b B e g in s , E x p o r t s a n d
s p in n e r s ’ t a k in g s .
2.7m ,m o %M7$m 3,517,000
A ' the outports the net receipts for the month have
03*5,000 #89,000
Ewe Indian.................................... l.iw; 1,000
337,000 376,000 371,00 * reached a total o f 682,023 bales, against only 436,457
Egyptian............ ....................
sso co
50,«K I
M
45.000
■Smytu*, &&......................... . ..........
83.010 bales in January of 1893 and 665,162 bales in 1892,
B ax l. W. f„ Ac ............................. 37»V>>0
The aggregate for the five
m on th s
is consequently
total....................... ................. 4.044,000 4,2'.3,00,1 5,013,000 much greater than lust year a l t h o u g h exhibiting an
S.V17.0CO 5r9t:a,ooo
tiM M O T M tS a ..-...... ..............
Steel: ia Empp*U jwitta, boiea 400 lb*. 2.231,000 3,750,00*3 2,272,000 appreciable decrease from 1891-92. T le exports to
444,000
SM k *s*wfiit*
400 l t » « „ ...»* * 411.000
497,000 foreign ports have been o f comparatively large volume,
Total In b*2*» l* * lb#_________ 7,892,000 8.O01.OJO 8,635,000 the outward movement for the m m th this year being
>>
‘Consumption, 39 work*....... ............ oum ^oo e.iH .ooo 0.1*2,000 770,293 bales against only 450,657 bales ia 1893 and
Stock at porta and mills iept- 30 ..... 1.391,000 1.9493300 9,253,000 660,608 bales two years ag>. For the s e a s o n to date tha
■OtWhich at the m ills.-..,............ .
£15,000 340.000 431,000 total exports are 746,173 bales more than in 1892-93
I-ear tog at the port#, hah < ot too Iba. 1,053.000 1497.000 1.929,000 and 224,155 bales less than in 1891 92. Port stocks
An actual bait*....... .....................
930.000 M tS.000 1,037,000 show a reduction since the first of January of 162,073
A3 will be seen above, these estimates make the com bales. Oar usual table of receipts, exports and stocks
bined stocks at ports and mills on September 30 n eit is as follows :
1,381,000 bales, of 400 pounds each, a total 582,000
*
Hecrtpt*
mx m a t s nixes user. 1 tsso t o - .Weeks
bales less than at the same date in 1893 and smaller itawmwt f*#m 0&M4 i mm*
Stpt, 1, DM9. to
Jan, 31,
tkpL 1 , * 9 t I o . m * f fem m . Ctmttm . % its**.
m *L
im .
than in either 1892 or 1891.
mnt.
mm, anutm’ ]
L
<7QTTON CONSUMPTION AND OVERLAND
MOVEMENT TO F E B R U A R Y J.
The marketing of cotton in January has been quite
liberal, weather conditions having been satisfactory
most of the time. There has come into sight daring
the month 736,908 bales, against 556,371 bales in Jan
uary of 1893, but the current total ia smaller than
darin g the corresponding period o f either 1893 or 1892,
The aggregate amount o f the crop of 1393-94 now
visible l» 6,158,507 bales, against 5,301,761 bales at the
-close of January last year, or a gain o f 856,746 bales.
e y t 8 t ,t s o s o r r a t s T t < Feb r u a r y 1.
>
The «jcr.v« rail shipments in February have been
147,892 bales, which compares with 125,700 bales last
year and 188,04.6 bales in 1892. The increase over a
year ago in the total for the season to date is not
heavy, reaching only 22,507 bales, and contrast*) 1
with 1891-92 the loss is 318,791 bales.
The net
for the month has been only 75.880 bales, or a decrease
from 1893 of 10,031 biles, the total then being 85,914
bales. In 18J2 the net reached 107,210 bales. The
H gregate for the five months records a decline from
last year o f 34,301 bales, and the loss compared with
two years ago is 239,067 bales. The details of tho
whole movement overland for ^three years are ap
pended ;
<Js!y®*44»».,»*,,»
MbAtS
V M Jfeo.. #§iM *J»
WMt
I n l M a a . .. IAMJM MMMM
m ,T«i *44,716'
m m
.........
m .m
Sanansb ....... M U M Hn.«*J
W m ieM
m rnw p
69 ,»tj m m
JMWislna.......
aoMtwf
Post, RexabAe.
i»m n
m*
WBatacum
m ^ w 131A# i
mv.
99*4
W«shlr<t!vA«
~~**m
i**» m njm { M I S
W s « Point..., im ,m t t t*M &
UAB7
u .ir fj
■ • W tiN lM jh t
Sew r a n . . . . . . .
» > » ’!
• e e ie e ...
AslOitior*. . . . . .
P4Uladsttd.ia.Aa
m ym '
(M M
**.771
Total M B .,... W A V
Total l » t . . . .
—
m m
t t jm
*l,*»s m m
4«29<*i (SMUI
H7,«S»
rtM 7
S7M7
rO
O
...... !
m 1,4*7) 896,7*1 m ippi 1,030.1 « 859.348
m jm l
f6,74^
43.116
***
..... j
m jm m m
tit,*®
»tI m
434W5
***** j
« .* »
vm
1.547
m jm m m
AliJW.
09SJ1® 69,544
*7,4*11 -•*.«#»*
47. *3$
cajm .
146,193 18,090
......
........1
......
U A »>
330
nx»7« m .s - 8
65,6®
u rn
87*6*53
4,7251
00,480 10.021
MM449j 11,03* ISS-Wi 305.
28*280
27,(00
........
*.*17 m ,s?5
rn jm l
4.140 SMBh IM M 7
21,am
m jm j
AM®
10,32*
******
0.165
........
* , * « I.S-SAW
4,3*0,700 I.U9.730
im .m
ssrt.Ktn
HO;lS2 a.791.331 1,065,0*9
Total M R ....
...... ■*y m .m
>
Itm k
* Great Britain exports Include to th« Channel.
a ,T n xm
1 .m
m
Using tho facts disclosed by the foregoing statements,
we shall find that the portion o f tho crop which has
r e a c h e d a market through the o n t ports and overland,
a a il U 10 Southern consumption, since September 1 this
year an l tho two previous years, is as f o l l o w s .
1893-91.
1892 93.
j 1891-92.
gfeMtota at the ports to Feb, 1.... .bale*. 4 ,« 8 -,2 1 » 4,033,169 5.460.464
Netshlpoi.ntsovcrlaml during same tImc 572,2*8] 606.592; 861,355
Total receipt*.................. ..bales.
5,460,50" 4,639,761 6,327,819
90«th, rn oonatanpUan since September 1 Sttl.OOOj 343,000; 314,000
Total to Febrnarr 1 ............... bales 5,821,507i 1,982,761 6,641,819
The amount of cotton marketed since September 1
in 1893-94 is thus seen to he 841,746 bales more than in
r o . Lvm
vL
THE CHRONICLE.
210
It will be noticed that the movement up to Feb. 1
1892-93 and 817,312 bales les3 than in 1891-92. To
shows a decrease in the average weight as compare©
determine the portion which has gone into the hands of
Northern spinners during the same period we have with the same period of last year, the average this
year being 496-65 lbs. per bale, against 500-18 lbs. per
prepared the following:
Total reoetpte to February 1,1894, as above................ bales. 5,824.507 bale for the same time in 1892-93 and 499-39 lbs. in
Btockon hand commencement of year (Sept. 1, 1893)—
1891-92.
At Northern porta............................... 151,524
At Southern p o rta ................. . .........
91,747— 243,271
9 .7 4 7 - 250.018
At Northern Interior markets.............................
Total supply to February 1,1894....................................... 6,074,525
O fthlH supply there has been exported
to foreign ports slnce8ept. 1,1893.-3,540,709
Leas foreign ootton included...............
10,798—
3,529,911
Bent to Canada direct from West..........................
35,671
Burnt North and South.........................................
120
Btook on hand end of month (Jan. 31,1894)—
At Northern ports................... bales. 312,027
At Southern ports ........................... . 806,703—1,118,730
At Northern Interior markets...............- ............
4,486—
4,688,918
Total takings by spinners since September 1, 1893 ............. 1,335,607
Taken by Southern spinners......................................................
364.000
Taken by Northern spinners sinoe September 1, 1893.......... 1,021,607
Taken by Northern spinners same time in 1892-3.................. 1,175.729
Decrease in takings by Northern spinners this year., .baies.
154,122
THE DRY GOODS TRADE DURING J A N U A R Y .
J anuary . I
The development of trade during the pa3t month has
resolved into these facts : Standard 3-yard sheetings
for export have not been in demand, owing to the un
settled condition of affairs in South America, and for
the China and Japan markets the silver uncertainty
prevents exporters making any transactions; this
also applies to all other styles of cotton goods.
Printing cloths have been very quiet and without
any demand until the past two days, when the im m e
diate necessities of a few printers brought them into the
market, and with considerable orders forced them to
The above indicates that Northern spinners had up pay an advance to 2 f cents per yard, at which the
to February 1 taken 1,021,607 hales, a decrease from market is nosv very firm. Ginghams have been freely
the corresponding period of 1892-93 of 154,122 bales distributed at the low prices prevailing and are contin
and a falling off from the same time of 1891-92 of ually going into consumption and stocks being reduced,
as the product is materially lessened.
455,902 bales.
AMOUNT OF CROP NOW I N SIGHT.
1893.
1894.
In the foregoing we have the number of bales which
Oott’n Print Sheet Lan S’th’n OotVn Print Sheet Lan
has already been marketed this year and the two
ing ings, caster 3-yd.low
low
ing ings. caster 3-yd.
mid cloths, stand ging sheet mid cloths, stand Ging shee\
previous seasons. An additional fact of interest is the
dling. 64a;64 ard. hams. ings. dling. 64z64 ard. hams. ings.
total of the crop which was in sight on February 1 1..
............... l................ . . . 8 .
...H ..
...H ..
2..
compared with previous years. We reach that point 3.. 79ie 215,. 6*4 5ip 514
7
6
97ie 4-00 6%
2'5} b 6i4
4-00 6%
6
4.. 7=8
54,
7
215,8 6*4
5H
91,6
by adding to the above the stock remaining at that date
63*
54 ,
5.. 7&
6
97,6 4 0 0
7
R
215,8 6*4
54!
4-00 6h
6.. 7%
7
6
9%
54s
514
215,8 6*4
at the interior towns less stock held by them at the
4-00 6%
7
e
7..
9*4
6*4
...8 ...
5*4
8.. 7%
beginning of the season. In this manner we find the
9.. 7%
0
9 sp 4-00 7
7
6>4
54i
54,
10.. 7%
2lBlf 6*4
54,
7
6
54s
97,8 4-00 7
result for three years on February 1 to be as follows:
54,
4-00 7
11.. 7is,e 278
6m
6
7
54s
12.. 7 7s
7
6
5*2
27
fl
6*4
514
9 **1 4-00 7
6
6
13.. Vi-ie 27
544
7
6*4
54)
8
93,6 4-00 7
14..
...8.
400 7
6
7
93,6
...S...
27
8
Total marketed, as above— bales. 5,824.507 4,982,761 6,641.819 15.. 7 *
6*4
5*2
16.. 7 ‘ lie 27ft
7
319,000
513,700
Interior stocks In excess of Sept. 1.
6
334,000
614
54s
514
91,6 4-00 7
17.. 75g
64,
6
7
27
8
54s
514
91,6 4-00 7
6
Total In sight................... bales.
7
6,158,507 5,301,761 7,155,519 18.. 7^8
2 78
64,
54s
5>4
91,6 4 00 7
19.. 7«16 2 1 3 , s 64,
54,
4*1 0 7
6
7
9*8
54s
6
7
This indicates that the movement up to February 1 20.. 7ifl 213,t 64t 513 54i
93,6 4-00 7
21..
6
...8...
4*00 7
7
9 «u
...8 ,..
of the present year is 856,746 bales more than in 1892-93 22.. 77, fi 21-V 6*4
5*4
23.. 7h» 213.e 64,
6
7
93,6 4 00 7
5 4s
514
2I3„ 64,
and 997,012 bales less than in 1891-92.
24.. 7*2
544
400 7
7
6
5*2
25.. 75g
64,
4-00 7
7
6
0-4
54s
9*s
As it will interest the reader to see what has come 26.. 7=8 2 1 3 j 6 644 54s 514
7
6
4-00 7
9*8
27.. 75s
21316 644
4*i 0 7
6
7
54i
5*4
into sight each month of the season during this and 28..
6
7
91,6 4-00 7
213l( 6*4
29..
..8 ...
5*4
previous years, we have prepared the following, which 30 . 711,^ 213,6 644 5*2 544
75s”
54,
6
9
4-00 7
7
31.. 7*8
54,
9
4*1)0 7
6
213,6 64,
7
54s
shows the movement for the last four seasons.
The above prices are—For cotton, low middling uplands at New York
for priming cloths, manufacturers’ net prices; for sheetings and ging
Months.
1893-94.
1891-92.
1892-93.
1890-91.
hams, agents’ prices which are subject to an average discount of &
per cent, except when otherwise stated; Southern sheetings net.
September...........
511,273
522,552
826,932
860.274
October................ 1,632.823
1,465,067
2,026,*.05
1,723.759
November...........
1,686.451
1,467.066
1,927,880
1,6:5,981
December............ 1,590.052
1,290.705
1,622,475
1,645,229
DEBT STATEMENT JANU ARY 31, 189U
.
737,9 08
556,371
752.027
January..............
965,463
1893-4.
Total 5 months.
Balance season..
6,158,507
1892-Q3.
7,15x519
1.883,188
6,717,142
Total crop........
5,301,761
1,415,381
9,038,707
1891-92.
The following is the official statement of the United
States public debt and of the cash in the Treasury at
8,655,518 the close of business January 31, 1894:
6 810,706
1,844.812
WEIGHT OF BALES.
INTEREST-BEARING DEBT.
T o furnish a more exact measure of the receipts up to
Feb. 1 we give below our usual table of weight of bales.
W e give for comparison the figures for the same time
in the two previous years.
Same
Same
Five Months Ending Feb. 1, 1894. perVd in peri’d in
1892-93. 1891-92.
Number of
Bales.
T exas...............
935.225
Louisiana......... 1,510.958
Alabama..........
171,761
Georgia-...........
908,197
Booth Carolina.
357,271
Virginia...........
638,219
BTortli Carolina.
178.1 '3
Tennessee,
1.124,753
Total..........
* Including Florida.
Weight in
Pounds.
Average Averay Averagt
Weight. Weight. Weight.
487,439,270
749,707.140
85,880,500
441,747,021
172,358 249
311,087,087
86,656,839
557,877,488
521 20
496 18
500 00
486*40
482 43
487-43
486-50
496 00
531 90
497 33
493 O
O
489 25
4b4 00
486 37
479-31
49600
522-70
495 80
498 00
435-51
489-38
493-49
495-80
50406
2.892.753,594
496 65
5CO 18
499 39
Title o f Loan.
InVr't
Pay’le
Amount
Issued.
Amount OutstandingRegistered. | Coupon.
4^8. F ’ n’ d L o a n .1891
C ontinued a t 2 p. c. Q .- M .
4s, F ’ded L o a n .. 1907 Q . - J
4s, R e f’d ’g Certified. Q .- J .
A g g re g a te e x c l’d ’g
B ’ds t o P a c. R R .
Total.
$250,000,000 $25,361,5001
............
740,874,450 189,004,000 $70,009,100
40,012,750
............ 1
.............
$25,364,500
559,013,100
02,490
1,030,887,200 514,308,500' 70,609,100
585,040,090
D E B T ON W H IC H IN T E R E S T H A S C E A S E D SIN CE M A T D R IT V .
December 30. January 31
Funded L o a n o f 1891. m a tu red S eptem ber 2 , 1891.. SJ97.0&0 00
*569,400 00
C1H debt m a t n r a d a t tta riou s dates prior . . . J a n u v
~ to ¥.......
1
Old H o h l m atured at v a r i/n ta
ary 1. 1861, an d o th e r item s o f d e b t m atured at
va rio u s dates su bsequ en t to Jan uary 1 ,18 6 1 ........ 1.316,430 26
1,315,230 26
Acrarrescate o f d e b t o n w h ich Interest has ceased
. sin ce m a tu rity ................... ...................................... ...tl.9 1 3 ,5 3 0 26
$1,884,680
D E B T B E A R IN G NO IN T E R E S T
L ^ a l-t e n d e r n o t e s .................'........................................................................ $346,681,010 00
Old dem and n otes ................ .............. ..............
no
National Bank-notes:
.................................
w
R ed em p tion a c c o u n t...................................................
o,i *so
if .
Fractional c u r r e n c y ............ ................................................$ lo 2 7 4 7i V ’42
v ’
L e ss a m o u n t estim a te d a s lost o r d e s tr o y e d ............ 8,375 934 00
----------- ----- *— - 6,693,782 42
A ggregate o f d e b t be a rin g n o iiite r e st.......................................... $378.217.8On 07
THE CHRONIC LE.
rEBB.Ci.SY 8, ISYL]
MBrnriCirea am a sots * tssutcu os deposits op coin and
LBSAX^YltVDIttl SOI S3 AND PCttCBASSS OP SlLVBlt BULLION.
C9«jm i .
4.. ’
■' C*ru.uc’ e> i.vi-V • •
■
• «.
Inthe
In
_____ Treamtry. Circulation
mta
......
....
•Bn* wruaawe*.
211
Another table, our usual monthly detailed statement o f
transactions on the various New York Exchanges, has also
beta crowded off of the first page. The results for January
of the current year are, however, given below and for purposes
of comparison the figures for 1893 are also printed, j
Amount
Issued.
t f % m ' t n .o 15.419 Tf7.0i4.789
9.7S8JU8- « . 1 « U W 838.919.5W
40,*»1 44,M
3,<00 *4 975,000
.... 2.S155W 130.73i.40S 183,970,908
....i
mmm of lsfcfc
(M
it
u m A i*rm h & T ioH ,
Mmmsr^ S »
S
Bttrmbtr 81,
1*3.
law.
f
f
... .... S85.040.0W09 sm/mMQ 0L9i3£30 a*
D 6; os »#ic8 rnt. h u oe&*«4..
a
al
W
7sai~j&& m t7S^03^78 ffi
O heaiia# m imwmz
otot
iu8»r«faki« of ia&
flsr«ia»s4 aos2S
fS M tlM U r#M **»•*«*— 986.1-ia,S «3 msjmM? tM
U rtttt C M bt
:
OftrflSeaiea m note* o*»«? bj;
ad
a
ta
*m am of «**& ic
€»
•la^xnosi co
tho Tmmwrt
00
Increase or
Deaeteo*.
«
Total, wsi.us . ; . «erx..
ss-» ti,M3,7ss3oa m x i u a m " ^
D. -*,S < O MtTauMI*;
01 t
v.'.c- •
r.-U
XT ta^o.1
»|,.-i, i
«.iM4,« k> fa n a s t 'u o S a f e
i. iM im s so Oottoo. #ls. *-•«:■■.. |u-i ;
fltmto.binti.;
>tw 3«hc. • atwSiBS, ! » » « » ? ,
.
Total Tala>‘______________
i. i.sm,«QA so
0 98 8 3-----------,0 8
1 c a it.N M
3
_______________l«l, .
The trunaactions of the Stock Exchange Clearing-House
from January 2 J down to and including Friday, February1.7.741,757
2, also the aggregates for June to January, inclusive, in
tugM tM dt
zm .tM
Iselsdin$
m m tm
n tm * nm
m , .. Ig 7 O T5 »<L 7>
« TJ L 0
M 43jm 1
3
B ISyJ-Of and 1802-9:1 are given in tabular form below.
Q
cash m the TSgAgt?&y.
a r o c K rxciiasoB c u t a u i a h o c s s r a t s H t o n o s * .
....
............ . s*&jasjrt& is
<
C o la ,.. . . . . . .
•Anna, tsotk Mdm. . 7T---- Saiancea, one tide.----- Sheelt
»
. .*....... .................. ”t iStro
Cleared, Total Value. ditarta. \aide Snares, Oiuk, Clear'd,
.... . «* * .« ,***,.* « .*.. . . * * « ...... ta&
*
* ., ,* . . .* . .. . * , .
fiiftM # ob
K
Itonth—
t
S
$
m
m m m rn y mi®**,*.,♦« .............................
*...*♦«♦**-*... **a„ . . » .,
l»n*,u®s,
®£r»............ ......---------- - —
... . m«»s. i7o
wmmvm m lair, l~ i sM*t.«ie i^ i an aoo LS»,'?S# 8l.M 8.fiM 1,4*3.971 a g g g
# *«’ ,»*)
.•
Lmioo
m
fSM
X*'*L«i**t I«u4«@ »©*» ?.»I4
r
.... ...
. ,
tM AO tVT.S88.i».» t.S0t,«io
K Q
tjm Sm #
f>
l - s * , '. , - ! j ; . ,
<K
»i4«*?n**5 *•
*.*# ......... .... ...
i*vao no
LW7.M6
8.iH
! .. itfT*r mmMmim........,....
—
.......* #*~S8«iS» «#
> ■ ».. 189S
•>
.
MUJUame L«i.wc» l« w (I > t.r.ll !•» S m
Qmrrmuzf tmttmmtm ............__________ ..,.
0
0
d«c, « ,
stw
<87.«00
m M k tM i. umjm,
w *Mu im
. Mdfc«MHF? * 4 - T|'Jttt,l09 40 Am., »was. s i 4 4 i.‘.u i.nSSSSSi %
• .' s.rm.uvj 0.A 4
►
.X
n
:.M4,tmjaea
Pj8 P~
* M* *
nja4
p«Ut,
•-.---• «..!0(K»,O»0 iS .v #*#0
Lx
*
=
i
I4J2<|h77 1^3^}
i ’
m
im mmmm&mmm-----.
tTJs
m
Mxs& & im *«4 fn«ttes^iimxtw&Gf......... ...
2 r B
% &
M J^Oso i p , # «
SO M CI LstagfiO rijiaft
ttW M
,u.». i- • lure
•
0«^ J; | s*sii 8.81 0«fdgf|.•jrlwt-Awa'l •««*% ll.WJJW »»
3iriS .n
,,
3,75S,&00
6*rtis
V
e N B*
a MF*
........... .
UH4 tT i'B wtsoi. II,V!
M m i# T,c
2.3fi'*u ojssI
Hope., M ,
mmM&m
‘ LI** - » lJ 3 IO fe3^
H.4 O
Oct. 1«<-. !£»,«»
L#ia,s©
t> MMa.Ok>o i.tn^.cKw e’eai
1 LI 4UUTIft.
>
tt,3 4
0
I o o r i l | m
i e . , . . » , i * . . , , , 8 . , , , . . . , r f? ja « S k ? % « e
i^4, ttc94a
ic?*4.© 0 u ^ . i u 2.ou;.<» 0^ o
©
fc M ta a n * * .........
SMjii
«o
Uxm,s» Hi4t,
;
•f I m » m »<* Jaitfl *, isci. ....... «u o * « « ao
hsrmptm #*#**.—
}
tA
^
BfliftYJ#48*. #«ii # # *
*< 4
#«r?
t»f tow... ....... ...................... IAWL0* «■*-!« 1«C40 I< C
1 O
iL T im FiA m mare*. Value Abort*. CttaM.CUar'il.
& l
t
*
ra©4
of
fe»ri
*. *4<6? i*
»
0»ft*4»S 3U «*M I * A
M «# »
it?
...
., ,
«*
,
, J
* C
^a«r* & «a
*
su >.*r. m
4*ii. «*4.. 1,067,200 TO O O
.TO .O u
J,900,0fW
A$mmfwewmtitoA 4« -.
. . . . . . . . .... «.*< $ ir
# al7
*L*#LM
i0g»7%S74 90
,
57,*ih*,tSH
4 #1,400 J.5>d).IHXl 11§t0 ?0 $3§
8 ^.3f>0 314
f i.. ,.
4^4
iio.iow *m
i.
h,111#,#»>4
##
#4,3<i0 J j m . n m
? g ,? « o 80S
w - . . . ,>
*.
*
§to»c ao
, 03»,Ch | 42
k
4S,#00 *l*sm,Q0&
48300 *29i
Si»400
-«H * ***** ««»*i»»
»* m »• -<
1 7 ,4 0 0
300
OwA BW W )» U Tomuisw
M
it. t«w
7,S O
C
t? r»t
C-0.700 10.fXJO.000 382,300 1,548
O u k M ia o e * la u « t w n c l i n u o » i. i t m .
Wltta* tjrr7.SU,400 609,800,000
— ..... i ^4 S
n w w e d t t i t * * e a « » . i a t h ..
jX«LM*®k»4rftw u— . a*Aww,
p g| r 4^X«W*
»«A4»>
- s = . f f rTH 4full n :
0. jd
w » SW 4.
1 a^rs^, m<f »iiriiin jjii ♦ 0. *,
*»
*
»
»
1
»
*
Cwi. f»s«e. awwsja». t«.«M ss.vwjsi W4 i
..«
•“AWIpMSM**
Raw Fu*»t.
.
. . . . . | SASU
BK
Oafs f«sev n j m j t t a t w u n W
iA>««.iar
a».B r.o.r
*jm t u t . , .
asa.-6A
UWMt*
w«r PKiac MW#»e!
*j**,»t
( m 9 jm
• o««c.a r. t/aejm
«.ta *.«•*.i*»
sham
....... . . . . . . I M iUN
.. “ »J» h mhm * m j m M
»
x t w « :a s t - w .
* * ™v * j
'* wp *
(Puf '
Ikurm
CxjyuKifo*.
a*
lt*w T*Tk _________ _____ _
Ffeli*4*!9&U
. ...
SwlUmers-------- ----------- -----CWm c o ...................................
44 I r m s * . ................... ............
M o w O rM u , _____ . . . . ___ _
M w ri 3
,
1*M.
B t t ,M l4 »
• I.VMAOe
1«93
9706.91 SA01
Pw cm /.
-4 fi
“ t t -f
-3 7 >3
-5 0 1
r.7«a.tS4
TO.Kt.JM
13.-912.9416
MVNNMMW
59,719,975
10,997.649
« * * » » shmm, s a * r » , . . „ .
B ta v rtttiM k tk a n .-............
•VTMWMNK
tto.»JA188
91,00 J,S4ff.7T»
M.26
r u m » u r a a * * , t 4 * r m . .. .
•M M W M kt
131.637.29*
ri,i4<A7»0,704
219,806,073
*»J499.K,« i t s "t " 'U m i
10,9*4.916
-to n
The steel- vleared now are American Cotton Oil common,
American Sugar common, Atchison, Chicago Burlington A
Quincy, Chicago O m , Chicago Milwaukee it St, Paul eomT 'f/
Jlorthwestem, common. Chicago ilock (aland
I-«ckawaon» dj Western, lteuilm g A
faith tn d to g General Electric, Like Shore & Michigan
P ^ i«£ ji Ur S
' 4 , Nashville, Manhattan, >i,s*mri
1
>,a» ^ork Central, New York * N •v Rngland New
X.»rk U itt Lru- * Western, Northern Pacific preferred
Jjattimri U »d com .iu «i, PWladtelutaa * Ucadiog, Urn ,,, Pa’
citic atari v\ estem t nton.
Cosditrw o f NatlOKai, Bvxgs IS N*w Oshtasa. K ansas
<
it
*.
-43-0
—
24'3
O x ,in , san
F r i N t m v j. s T. Jossr.™
and
L in c o l n —
Mr, J. H. Eckel . Comptroller o f the Currency, baa furnished
us abstracts of the coodilion of the national baokv in fhe
abov.-named dlhs at Uk> close of burinee* on Tuesday, D
ti
cemT«f U }’ rom Ui#ni and from j»r* vit/iw r#*pqi^4 w# hare
#.
pref and tire fidbiwiag, winch covers the resulu for D o. 1 !)
f’ ;V;, i' i,nl fur i’uri«7« of comp« Lon the figures
far l m i {Dm*. 9 )are ${?#& *
ikt. Ill,
w
9
H W ilHLE4N8.
. ..
#*r rx
4s*
.,
o< a
,
.: . .».
a
g g a s a ^ v . 7 ::.“T. 1S :1
^ ^ J S 3& K iar!?r.~
IS
7 ,:
■;.
9,
1892.
Urr.
40
•n.m
B U jw . »•«. r.tim
t.n r .jw
1,401988
S a ..1AM1*8
t;370,3 ;
JAASW
8H ^
a
tO fp
l.H
974<
7»4
4a»8S
*1
-1 0 7
—
29'2
H W:
i f
AB«UMM,i
................
sn • ! » „ t e r We ,* tf .
• 3 0 .. “ 8 M 0 0 it .r iH .u o i
*
" 3 1 .. 8 9 8 .(0 0 37.800,000
•W . l» „ 4714100 27.90iJ.000
~ 2 ,. ______________ _____
502,000 34,1.00.000
IM M IssNw^mwiaw^wSw,,
#T C
p*U *» : i*tt ft***-
Ciearlnrs by fe le g r»p h .-S a lM o f Stocks, Bond, k t
-S t o c k i ’ xchaage Clearing !l o „ « , T ran»a«llon*.-T he
*ubjoined •Utemmt covering the clearing* for th* cur
rant week, fe ueually given on the first page of tf,.- CltBOStctE. bat cn account o f the length of the other ublr*
'» crowded out once a month. The figures are received
by telegraph from the leading cities, k will he ohw-rv.d
that as compared with the corresp. Hiding week ,,f isatj
thero b a decrease in tbs aggregate of 10D per cent
So f a r as the Individual cities are concerned we find that New
York exhibits a falling off of 474 p-r cent and the In.*,-, i!t
other point* are, Boaton 82 H p-r cent. Pfeikd. iphla 37-3 per
'■ent, Chicago «H> per cent and St. Louis 10-7 per cent, Rau;.
• w e 20 1 per cent and N-w Orlean- 2t>-2 per cent.
rwv ^ s
87t^tOO 03,050,000 853,400 1,073
53,900 2,800.000 77.700
313
58.100 2.000,000 10 I.-.Oi)
313
3-, 400 2,300,000 81.3011
205
39.H00 2.100,000 46.000
200
46JMW 2,100,000 54,3 gj
202
Fot, v l . 3,231,700 187.8O0.000 2J7.IOO l'xTirxCooO 34M 00 fsOrt
WkU.trrO,780,100 4»».900,000 OSS.lOO 48.800.000 800.400 l’,636
1 Jan 29.. 838.8i)0 43,400,000
•
■
S i,9 6
0 *J
3401$
•02,700
UMMiQ
i.sw;?l5
iw,* ti
.....................- ...................... I^,si4,ttsrs |4a4i.i.ij^0
ww3.,„„ anoim"
« ,r x fe 4 t f1
1
Wm,
' ■ ............
*&su
;::.-::;:::.;::::i:::: ^ ; I
'- 'r r
vm m
.
»'J .«02
, a «
iM
m
%rm,m
8 *L2 »g
14,047
18,2/4,70X
S.«iVi<:i
? , *
# 1 1 .0 ,1 s555 m 77
2 .7 *1 2
THE CHRONICLE.
212
Dfc 10
K A N S A S C IT Y .
N u m b e r............................................ .................
lt>93.'
9
Loans and discounts, Includ’g o ve rd ra fts. 113,804.053
Btoca, bonds. A c..............................................
l .d l 0.8^8
D ue from reeerre agenta................................
1.884,028
D ue from banka and banker?.......................
1,230,219
Banking bouse, fu rn itu re and fix t u r e s ....
310,118
O ther real estate and m ortgages o w n e d ..
340.047
G old coin and certitlcatea...............................
1.021.235
Silver coin and ce r tific a te s ...........................
300.801
L egal tender notea and c e r t’fs o f d ep osit.
1,087.843
Bills o f oth er banks.........................................
172.810
Exchanges fo r Clearing-H ouse...................
500.769
Prem ium s on U. S. bon d s..............................
58.500
O ther resources.................................................
124,8.>3
T ota l............................................................
122.504,170
Capital stock paid In................. ....... ..............
Burp, and undlv. proflts.less exp. & taxes.
Circulation o u tsta n d in g................................
D ividends unpaid..............................................
Individual deposits.................... .....................
O ther deposits .................................................
D ae to banka and bankers.......................
O ther liabilities.................................................
f 6.550,000
710.073
„ „ „
190,0/6
C.42s,i84
388,083
T o ta l.............................................................. 1122,601.170
OMAHA.
N u m b er.......................................... .....................
Dee. 19,
1*93.
9
L oans and discounts, Includ’g o v e r d r a ft s .. f 9.602,140
Stocks, bonds, A c ................................................
L589.649
D ue from reserve a g e n t s ................................
1, <81,800
D u e from bauks and bankers ........................
0o8.4o8
Banking bouse, furniture and fixtu res.......
83-',800
O ther real estate and m ortgages o w n e d ....
230.b02
G old coin and certificates................................
1.S83.587
Silver coin and certificates.............................
205.i24
Legal tender notea and cert’ fs o f d e p o s it,..
604,103
B ills o f oth erb a n k s............................................
156,002
E xch anges for C learing-H ouse......................
31o.409
Prem ium s on U. 8. bunds................................
13L*r|
O ther resources...................................................
203,958
T o t a l................................................................. $18,191,760
Liabilities—
Capital stock paid i n ........................................... $4,150,000
Burp. A undiv. profits less exp. and ta x e s ..
625.012
C irculation ou tstanding.....................................
696,795
D ividends unpaid................................................
„
Individual deposita............................................
7,849,772
O ther deposits.......................................................
444,968
D ue to banks and bunkers................................
4,33*2.846
O th er lia b ilitie s ...................................................
91.373
T o ta l................................................................. $18,101,780
D ec. 19,
1893.
r 2
SA N F R A N C IS C O .
N um ber..................................................................
Resources L oa n s and discounts, including o v e rd ra fts.
Stocks, bonds, A c.................................................
D ue from reserve agents...................................
D ue from banks and bankers...........................
Bank g house, fu rniture and fixtu res..........
O ther real estate and m ortgages...................
G old coin and certificates..................................
611ver coin and c e r t if ic a t e s ............................
Legal tender n otes and c e r t’fs o f dep osit...
Bills o f other ban ks............................................
Exchanges fo r Clearing H o u s e .......................
Prem ium s on U. S. bon d s................
O ther resources....................................................
$5,985,074
220,f00
343.9L4
3o2,103
346,401
............
1,336,915
43,653
137.965
32,106
163,172
22,9. 0
53,298
T o ta l.................................................................
Liabilities—
Capital stock paid in ................. — ........ ..........
8urp. A undlv. profits. leas exp. A t a x e s ...
Circulation ou tstan din g....................................
D ividends unpaid................................................
Individual deposits............................................
O ther d e p o s it s ...............
D ue to banks and b a n k ers ...............................
Other liabilities...................................................
$2,500,000
1,401,873
90.000
450
3,436,090
107,120
1,452,546
............
T o ta l.................................................................
$8,988,035
ST. JO SE Pn.
N u m b e r ...............................................................
Resources—
L oans A discounts, including o v e r d r a fts ..
Stocks, bonds, A c ..............................................
Due from reserve a gen ts....... .....................
D ue from banks and bankers........................
Banking house, furniture and fixtu res....
O ther real estate and m ortgages o w n e d ..
G old coin and certificates.............................
Silver coin and certificates...........................
L egal ten der notes and ce r tif’ s o f deposit.
B ills o f other banks.........................................
E xch an ges fo r C learing-H ouse...................
Prem ium s on U nited States bonds.............
O ther resou rces.................................................
$8,£88,085
Dec. 19,
1893.
4
$4,621,582
462,102
688,841
526,928
120,850
4,500
272.340
9?,888
115,421
32,57 L
104,222
J0.6CO
60,613
T o t a l..............................................................
Liabilities—
Capital stock paid in ........................................
Surp. A undiv. profits. less exp. A t a x e s ..
Circulation outstanding................................
D ividends un p aid................................... ........
Individual deposits.........................................
O ther deposits...................................................
D u e to banks and ban kers.............................
N otes and bills payable...............................
$7,094,358
T o t a l .............................................................
$7,094,358
L IN C O L N .
N um ber...........................................................
Resources—
Loans and discounts, including ov e rd ra fts.
Stocks, bonds, A c.................................................
D u e from reserve a g e n ts .................................
D u e from bauks and bankers.............
B anking house, furniture and fixtures.........
O ther real estate and m ortgages o w n e d ___
G old coin and certificates.................................
Silver coin and certifica tes...............................
Legal tender notes and certifl’s o f d e p o s it..
BUIs o f other banks..........................................
E xch anges fo r C learing-H ouse......................
Prem ium s on U. 8. bon d s................................
O th er resources....................................................
$2,000,000
2ui,570
225,000
.............
2,858.942
49.990
1,581,778
84,0.8
Oct. 3.
1893.
8
Dec. 9.
1802.
10
$11,425,110
1,409,142
1.492,312
1,291,244
219,118
201.943
1,018.925
236,^83
1,003,719
290,433
535,486
47.090
125,998
$18,921,646
1,731,135
3,075,; 50
1,632.1*4
384,i 84
333,053
882,720
355,673
1,317.025
301.181
583,241
79,000
86,814
2,941.865
49.494
1.730,782
15,156
56
3,734.107
44,034
1,507,245
141,200
$7,260,032
$8,093,347
Oct. 3.
1833.
4 4
July 12,
$2,555,024
226,431
180,213
138,341
80,443
48,833
166,767
23,658
39,717
0.245
30.127
7.650
55,556
$2,630,498
228,749
148,575
176,003
80.353
48,259
232.505
88,880
4 2 .8 8 0
5,068
50,232
7,650
69,115
$3,769,607
1893.
$3,010,063
226,168
238,736
146.274
80,243
33,308
102.457
33,806
76,873
7,402
20.689
8,650
162,493
$1,000,000
523,180
272,000
425,485
356,600
t
*3,750.WJ
*4,118,87*
P.05S.W5
The following table shows the highest and lowest
prices of railway and miscellaneous stocks at the N. Y .
Stock Exchange during the month of January, 1894.
RAILROAD AND MISCELLANEOUS STOCP-S.
223,410
167,500
3,000
1.580,577
167,500
3,000
1,986,846
R a ilr o a d * .
Pitts. A W. pf. tr. rec.
Pitts. Ft. W. & Chic.
Renss. & Saratoga...
Richmond TerminalDo 1st assess, pd.
Do 2d assess’t pd.
Rome Water & Ogd..
St. Lou. Alt. & T. H..
8 t. Louis Soutliw.......
Do
pref..
8 t. Paul Minn. & Man.
8 t. Paul Duluth___
Do
pref..
Southern Pacific Co..
Texas < Pacific........
fc
Tli<rdAve.(N. Y. city)
Tol. Anu A. & No. M.
Toledo & Ohio Cent..
Do
pref.
Union Pacific............
Union Pac. D. & G ...
Utica < Black B iv ..
fc
Wabash......................
Do
pref..
Wheel. & L. Erie........
Do
pref..
Wisconsin Cent. Co..
E x p ress*
Adams........................
American...................
United States............
_
Wells, Fargo < Co_
fc
Low. High.
26
23
149 150
175 176
1
1*4-
3
2
110
20
4
7*2
100
2 2 78
5
9*4,
103
25
88
24
7
9
172*2 172 »*
7
5*8
38
38
75
75
17*4 20 %
4*2
6*2
150 150
6
7*2
12*2 14%
12*4 13%
47
50*488
20
6 78
6%
150 154%
309*2 112
43
57
122
128
C oa l A UII11I 112:.
Col. C, A £. Develop..
10
21
Col. Fuel < Iron ... .
fe
Do
do
pref.
50
Col. & Hock. C. < I..
fc
4 *2
Cnnsol. Coal of M d...
28
New Central CoaJ___
6%
Ontario Silver..........
7is
Pennsylvania Coal.. 275
Quicksilver...............
1=8
Tenn. Coal & Iron___
14^8
Do
pref.
63*3
V a r io u s .
Am. Cotton Oil C o....
Do
prer..
Amer. Dist. Telegra.
*Am, Sugar Refin.Co.
*Do
pref..
Amer. Tel. < Cable...
fe
*Amer. Tob. Co..........
Do
pref..
Chicago Gas Comp’y.
Do dividend scrip
Consolidated Gas Co.
Dis. & Cat. Feed. Co.
Edison El. 111. C o ....
Ed. El. 111. (B’klyn)..
General Electric.......
Do
prer.
Laclede Gas, 8 t. L ...
Do
pref.
Nat. Cord. 2dass’t pd
Do pref.,2d ass’t pd
*National Lead C o...
* Do
pref..
National Linseed___
North American Co..
Oregon Improv’t Co.
Pacific Mail...............
"Pipe Line Trust......
Pullman Palace Car.
bilver Bullion certs..
Tex. Pac. Land Trust
U. s. Rubber Co........
Do
pref.
Western Union Beer.
Western Union Tel..
112
20
10%
26
64*2
7*4
30
8
7*2
275
1%
17
€5
28
29%
63
68*2
40
40
7538 84%
79% 85%
98
90
69 7a 77
95
92
58% 67*41-20 3*35
123 127%.
20*2 27*2
97
97
100
100
30% 38*4
60
60
15
16%
59
67*2
17% 20%
42
48
22
28%
68
74%
22*8 25
3*2
4%
12
14*2
14
17*2
79
80*8
162% 171%
67
67
7*2
7*2
41
36
84 %
80
6
80%
6
86*2
* Unlisted.
The range of Government bonds sold at the Stock Exchange
in January was as follows :
RANGE OP GOVERNMENT BONDS IN JANUARY.
4 *2S, 1891,
45,1907,
4s, 1907,
reg., exl.'d)2 p.c.
reg.
coup.
Opening—
*95
113
112%
Highest___
*95
114
113%
Lowest.......
*95
112%
112*2
C lo s in g .....
*95
113%
113%
* Prices bid—no sales during the month.
6 s, c. ’ 98, 6 s, c. ’ 99-
reg.
reg.
*110
*111
*110
*110
*112
*113%
*112
*112
The following highest and lowest prices are from actual
sales at the New York Stock Exchange :
RANGE OF STATE BONDS IN JANUART,
Alabama, Claes A_
_
Class B ...................
$4,146,802
Class C...................
$1,000,000 Louis’a new cons. 4s .
188.371 8 0 . Car. non-fund. 6 s.
Capital stock paid In........................................... $1,000,000
Burp, and undlv. proflts.less exp. and taxes.
210.957
C irculation outstanding....................................
154,500
D ividends unpaid.......................................................................
Individual deposits.............................................
1,600.828
O th er deposits.............................................................................
D u e to banks and bankers................................
373,620
O th e r liabilities.......................
180,100
SfOUl..........................
REVIEW
OF PRICES
IN JANUARY—
STOCKS, GOVERNMENT BONDS AND
. FOREIGN EXCHANGE.
R a ilr o a d s .
Low. High.
$19,296,313
$29,714,966 Atchison Top. &S.Fe.
9% 12 %
1
Atlantic & Pacific....
l2
$6,800,000 Baltimore < Ohio_
$5,550,000
69
fc
67
_
1,159,742
074,355
24
20
Euff. Rocli. & Tilts .
460,01.0
S60.000
70*2 73*2
304 Canadian Pacific.......
258
47
11,308,557 Canada Southern......
6,859,635
51*4
84,450 Central of N. Jersey.. 111
80,893
116%
9,911,907 Central Pacific..........
5,562.385
14
15*4
708,787
16i« IHSg
Chea.&O.jVot.Tr.cert.
137
$19,290,313 $29,714,960 Chicago & Alton....... 134
Chic. Burl. & Quincy.
7314 77 78
Dec. 9,
Oct. 3,
93*2 97
Chic. & East 111. pref.
1892.
1893.
541* 6038
Chic. MIL < St. Paul.
fe
Do
pref.. 116 118*2
97 101%
Chic. & Northwest...
$9,362,060 $12,379,702
Do
pref.. 135*2 140
1,448.399
1,526,619
6 U* 6 s 3*
1,« 6 ‘,850 Chic. & Rock Island..
1,320,13d
32% 38
2,253.672 Chic. St P.Minn.&O.
809,744
837.6.J7
835,800
Do
pref.. H 9% 112*2
132.858 Cl. Cin. Chic. & St. L.
243,910
31
37 7e
1,676,077
1,104,660
82
78
Do
pref.
165,368
235,437
147
584,000 Cleve. & Pittsburg .. 147
527,705
19
20*2
127.403 Col. Hock.Val.&Tol.
128.723
66
443.183
65
295,089
Do
do pief.
16'.522 Delaware < Hudson. 119*4 136
1 3 4 ,5 4 7
fe
315,723 DeL Lack. «fe Western 161*4 170*s
233,849
e
fe
10*8 1 0 7
$17,189,779 $22,197,974 Den. < Rio Grande...
32*?
30
Do
pref........
5**
*2
$4,150,000 Dcs M. & Ft. Dodge .
.150,000
$4.
043,796
583,234
14
14
Do
do pref.
155,345 Dul. 8 . S. < A tlan....
701,995
7
6
fc
210
15
15
Do
do prei^..
,572,192
10,141,498
3a
E.Tenn.Va. & Ga. Ky.
38
404,581
453.468
55
65
t
0,016,579 Evansv. <e Terre H ..
,556,328
103
166,175 Great North’n, pref.. 100
172,352
5
4
Gr. B. W.&St.P. tr.reo.
$17,189,779 $22,197,974 Hous. & Tex. Cent...
2*2
2*2
89*4 93*4
Illinois Central..........
Dec. 9,
Oct. 3,
86 ** 86*2
Do
leased lines.
1892.
lt>93.
8
6
Iowa Central.............
2
2
233* 29
Do
pref..
$6,357,185 Kan. & Mich.............
$5,901,072
9
9
*20.500
25*,' 80 Keck. & Des Mo. pf.
12
32
118,808 Lake Erie & West’n..
78,090
137 16
8
444,462
504,173
6 3*
63
Do
pref..
346.401
345,015
Lake Shore...*.......... 118% 123
933* 100
1,055,350
1,025,992 Long Island..............
33,150 Louisville < Nashv..
20,910
fe
4078 47*8
22,110
9,130 L. N. Alb. &C.ntw stk.
10
1,500
4,500
40
33
Do
pref.
195,432
104.498
_ 118*2 124
21,750
31.140 Manhattan consol_
7*2
7*2
8,020 Mexican Central......
4,541
Michigan Central___
99
96
$8,318,118
$9,455,751 Minn.<te St. L.tr.rects.
30
11*2
32
28
Pref. trust receipts
$2.6< 0,000 $2,500,000 Mo. Kan.
Texas...
1 2 7s 14*4
1,343,080
1,277.080
223* 253&
Do
pref..........
88,950
90,000
575
992 Missouri Pacific........
18*4 24*2
3,554,567
3,869.476 Mobile & Ohio........ ..
3**« 19
123,397
112.040 Morris & Essex......... 148
1613*
706,899
1,000.013 Nash. Chatt. & St. L.
70
70
953.4 101*2
N. Y. Cent. & Hud. R.
3638
N. Y. Chic. & St. Louis 14
$8,318,118
$9,455,751
74 *
*
66
Do
1st pref.
Oct. 3.
Dec. 9,
34
30
Do
2d pref.
1893.
1892.
N. Y. Lack. & West’n 1IC*8 1113*
4
4
N. Y. Lake Erie & W.
13*4 15*2
Do
pref.
$4,490,476
29*2 33 3*
$5,706,908
464,157
143*
476,649 N. Y. < New England
fc
7*2
841.296
513,455 N. Y. N. H. < H ........ 185
fc
190
397.U7
409,511 N. Y. Ont. < West___
145* 16*8
fe
120,850
128,350
14
N. Y. Susq. < W., new
fc
15%
6,579
9,923
40
Do
pref. new..
45
293,418
227,030
161,644
.
52
51
111,085 Norf. & South............
285,560
273,886 Norf. < Western pref.
te
17% 20
35,943
30,295 Northern Pacific.......
4
5*8
102.133
83,809
137r 19
Do
pref..
10,500
15,5U
0
24 ' 25
60,339
103.283 Oreg, Ry. & Nav......
Oreg. 8 h. L. & U. N..
4*4 6*8
33*
$7,260,032
fS,093,347 Peo. Decat. < E’ville.
43*
fc
Pliila. & Read...........
17*2 21
$2,000,000
$2,000,000 P. C. C. & St. L ..........
12
147
8
i 97,735
307,645
44
Do
pref..
50
225,000
269,000
Dec. 19,
1893.
tSS&ac................ .................... ,3’5 fl'CJ
5 H
6
[ V o l . L V I1 I
Low. High.
98
98
Tenn. new settle. 6 s.
98
99%
Do
do
3s.
93% 93% Va.fd.debt,2-3s, 1991
95
95
6 s deferred............
1*2
1*2
6 s,def. tr.rec.jSt’pd.
Low. H igh.
103 107
72*4 75
55*a 56
5
5
6
6%
The daily posted rates for 60 days and demand sterling
exchange in January are given below, it being understood
that bankers’ actual rates are usually a fraction below the
prices posted,
THE CHRONICLE.
Fl.BR j.RY 3, 1894.]
E X P O R T S F RO M S E W YO R K . F O R T H E W E E K .
k A .V S E W S T B S U S O E X O H IS O K (P O STE D BATES) POE J AS C A R T , 1 8 9 4 .
r
60
X
tedayt. j matul. 1
Jan.
1....
2 ....
3....
t....
5 ....
6 ....
7....
9 ....
213
1891.
<30
X>*clays, ; rnxnti.
. 4 85 **-6 l S7*a-3 25...
....... E
l...............
.
■.......... 26...
.
4 61-5 359 79
, 4 i5h-n 4 e 7 % - 6 ' 2 7 . . .
4 64-5 369-79
4 84
23...
4 34-5 4 689-7 16. .4 26
. 4 85%-6 4 6749-3 29...
4 84-5 4 669-7
I 65 s-6 I 679-8 30...
4 -4-5 4 369-7
.:4 35%-B4 37)9-3 ,
........ S. .... ....
20 . .>4 83%-6 4 879-3
4 85
4 67
1892.
4 85-6 1 879-3
4
*8.259,288
28,578,203
*6,313.225
20,105,373
*6,967,067
23,226,743
4 859-6 4 83
Total 4 w eeks..
1*26,077.697
*36,S37,491
$26,433,593
$30,193,810
4 83*1
The following table shows the export* and imports of specie
at the port of New York for the week ending Jan. 27 and since
January 1, 1891, and for the corresponding periods in 1893
and 1892:
4 334*0 1 9S
S •
l’ 874*^9
4 65 9-6 4 87 9-8
; 4 359-6,4 S3
6.5979
4 S3
4 86 9
4 88
on etarg* (Commercial guglisit 0|eros
EXPORTS AXD IMPOSTS OF SPECIE AT S E W TURK.
Exports,
Gold.
Week.
3 real Britain...........
Note .— Owing to the delay in the arrival o f the steamer
Gallia, oar London letter ha* failed to reach us this week.
E n g l i s h F i n a n c i a l n a r l t e l s —P e r C a b l e .
South America.........
All other countries..
The daily closing quotations for securitise Sea., at London
are reported by cable a* follows for the week e n d in g F e b . 3
Mon.
red.
Thun.
.frv
Btlrer, per or.............. d 309 i 30tlt. 30U« 30U,. 3011
091 *t- : 96%
4baMMMMnr,R% per cu. 03 * „ 9(0 „ 9874
9 8•
*
do toT*«eonafe-„„.
«9
m *n% 97-579
Fr'ah reate* ito Pmrtifh.
.96-739
V. 9. tout 1907 . ____
73%
739
739
Canadian Faeffle.,....... 739
739
a:
*309
60%
319
Calc. Mil. * 8t. Paul.... «<>9
»«
06 9
lUlcoi* Ceottal............. 95
»*9
96 9
im \
180
120% 13!
Lake Shore................... ISO
* 8%
47%
47%
Loalnvllle A NwihvUle. 48-9
4£%
54
54
Merlean Central 4*...... 589
539
529
» . Y. Ontral 2t audnoti 1«4
104 9 10*9 104 9 1(4
HI
159
16
H. Y. Lake Erie A Weed 159
15%
79
to
SA eon*......... 79
7D9
799
799
Nirfolk * Weeiera, pref 21
21
21
21
31
17 9
17 %
S jrthero Paetlle pref.. 179
17%
17%
51
Si
50%
P*aa*yiraau................
519
10
109
PhllatolphlaA Readlmr. | 109
109
109
2)>% 20
Ualou Pwifio......... .
209
■209
l» 9
14*.
Wahaeh pref__ ______ . 149
_
1*9
1*9
149
Tuei.
309
99
07*50
74 9
60%
969
134
48
51
lot
10
79
# |9
17%
51
10%
ii%
1*9
Cosamerctal aad fUtscellaueaus ile\c*
Goverymevt Reyeyci a so Cxpev ixtokrb. —Through th e
co u r te s y o f th e S e c re ta r y o f th e T re a su ry , w e a r e e n a b le d to
p la c e b e fo r e o u r rea d ers to -d a y th e d e t a il) o f G o tre r u m e n f
r e ce ip ts a n d d k b u r s e i a e n u f o r th e m o n t h o f J a n u a r y .
F n .ro
p rev iou s ret u rn s w e o b t a in th e fl ru n -8 f a r pre.vtou* m m th s,
an d in th at m a n n e r c o m p le te th e state m o o t fo r th e s e v e n
m o n t h s o f th e fis c a l y e a r s l « - W anti l$ t2 -# 3 .
**c»irj* woo* omitted).
um*L
AT*...
fcpt..Oet
If#*....
toe....
Joe....
7 *M
iflNM*.
H IM ,
*
i%m
JWr
Am,. - mjm
toes- . 14,*«
O
t»A*W m m
.
Mwr.... itjm
toe... ttjm
mm
V
7 mm. I|7,«K
I mpost *
$90,300
$96,G95
900,146
"6,235
2.340
3.937
3.937
92,950
22,334
2,340
47,711
9,773
32,050
*039,296
4.235,1*50 10,735,815
39.020
129,372
Export!.
Silver.
Week,
SinceJan. 1.
$500
$113,009
$271,828
37,420
74,260
17.792
389,904
imports.
Since Jan. 1.
Great Britain...........
PmMm................. .
Germany..................
West todies.............
.Mexico.......
South America-------All other countries..
#855,58s *3,235.084
143,000
---- ....
"'16,300
Total 1894.........
Total 1693.........
Total 1892.......
Week.
Since Jem. 1.
g 1.071
0,904
$1,071
0,904
5,400
12.300
.........
20,355
...........i
300
11,464
93,044
849
*855.388 *3,412.790
5(18,400 2.259,134
392,232 1.8 48,-33
$28,390'
35,515
4,037
$113,782
73,531
100,242
...........
C it y R a iln w n l S e c u r i t i e s — B r o k e r s ’ Q u o ta tio n s .
< M.
R
**. W o... a .to lot*
S .H i. B t A Ful. F 8 ,1 ...........
. i» i m
!9 0 o J * 4 l o t
.7
%
B ' . s y * TU) i n
- -Iw l
30
I A3 lo i
B-««y 1st. i«.xasr 104* iix
36 A*. Hit a* r. oi-l H
H>:. *7
Br.-ok.rn ctnr Mew *tk :**
>cksMt's 9*. tMo
ttrk W « . S*, 4088 J&3
■rcokirn T*s^t,-.,n . . . .
OKatraJ Crn«»e»wa~-Btk..
i - 4 m-.n .c*. 102? M I S
Cro. P». a.A i: ItlT.-BU
OwsAt. 7w IWt
OteMttg** l>i*k»4.-»ti
latatert, Inks..... a a o
m
:*■;.
:os * >
**
l.i
15
IBS
US
1<2
510
437
t«5
P. I*. K I! A list ) sc. .-128 186
: ,t>
1st, Kulil, 5a, 18*8. jA »;ipo •
S c r ip
.............. - ..................
8i0l
1)5
.
scrip, c.s o u t .......... 100
t-.«d * Or s i (• - Mk, .......
45! 81 A Mil).A 81.9 AT. 40
' I v- '.ID 112
’. - 5
l*t «o n . s«, nun jAt> :ui
24 w o r t. S*. » » i*
Bid. Ask.
A **.
A t la n t ic A r e , B r o o k ly n .
*2*4 (B e r t !» • --: iJ k J
I f . W . SI, * 1-. I • r
S t*. 200
l a l UH .rl., 7 « . l - . u . J A J
, 57
■
I,*** 1siaaO Tr.u-u >u.__
MTtropWtttso TraeUoa ..
Ninth A- M
ini- ... ___
Van thitwDd Aveaue—
Fteek .
145
) -iuort., 5.. 10tr.'.Si.t5! .
- , : -ii A-ct !)■ - 7ti ttti____ 100
■
1 *3 • rim n A Y C B o e . . . ..................: 7 0
3 *
latBiort . »«. 1937 JAli . ..
r»«-(uy.Thins -• - s..,rk *0
0
-V E».
.
tmttfl
let*). <h»»- m m *
TM
X*
A action Male*—Among other securities the f tUowmg, not
ffim
m
ettcm rood Trte.
m
regularly dealt in at the Board, were recently sold at
i j I
i
*
1
1
*
.
*
auction.
«7
nan
1M > 416 t m « .<*•, tv m u r n
M
By Mt-'-rs. K. V, Harnett & Co.:
10 .M im U*< M l', ii%m H jm » « ta n mjm
.V
Mart*.
Bond*.
n.nm 7 7 844 #s,m> IfJIC 10 *
w45 m MMt
10 Imp-H-n' a Trader**
1.500 K Crtoto (fold & Silver
1
u . m - 1,* » *11 «.*!» I*jm 14.1S4 3
-4* 7m n jm
Net. B a n k ............... ....5 7 5
Mtulug Co., 82 each...#50 lot
SMM i.Mh 1.W ».<n* Upm m m
7!
to u rn m .m
00 t.’ oi.m K lstgrteCo., 820
1*4 W 4TU 8J4I **304 turn 14.741 146
»4,rm
r*rl> ............................. *1 0 lot *1,000 Deutsche r Vereln 3 «,5 0
l*.t!4 4,744 4-»(6 3»,m mam 1*444 *07 t#4» mam
By Meswrs. Adrian H. Muller & Son :
*4»tc m m M4i ¥mjm m.m® m jm ) » l- K«W WIW1
fA ire,.
SVtirr*
mmmummmm n*nn ocnMadu
83 Fhem lxNat. Bank,
1159
Q ~
m
Um
m*
»
lAM-i
warn
\mn
i*s
w
UMR»
mm
uyM
m.
GW*
■. .. ... .
.
Total 1S94.........
Total 1893.........
Total 1892.........
Imports.
Week.
Since Jem. 1.
...........
........
Germany..................
West Indies..............
sai.
1894.
*6,570,830
19,500,867
9.... 4 845-** 4 S7-% >1. .j..........a ; . . ............Open . 4 84-5
- '
10..... 4 SS%-ftU87%-e 22.. . ;85%-6 4 379-8 High. . 4 36
SS%-6
« . . . ',4 85446, l 87s " 22. . 4 S 9 » t i 4 879-3 Low,. 4 64
----- --9 “
13 . '4 85%-G 4 8 7 % - i 2 4 , 4 8VG .4 -7 9-6 Last., 4 839-6
London,.
1393.
For the w eek..
P ref. reported.
s
&m- | H !g*JHU vmL i* m*fp\
mmm
•*nr•
•
•
*
*
WtSdf 7,7*51 m ,: mm* XMK
t%aw m
m M mjm if jm
*|
im tm m jm i%jmi
mMm »jm ■ml m m .
mjsm %m* ijm , m,m% 15.044
nm
mi mm mjm i^api
Mm 7,157
m m mjm
mmmmmn 4 (K.Vr- «, m i t t
and
E xports row.
the
vm~m.
f»*
ft*§#
mm. «* r* .f M l
%
i
•
14.** t sm m
Mi
vktn m
7m
W 4 m
,*V
ii jm s.tsa
mjm m IJM
t>
u jm
m
tarn m
m h i 'S m
tom.
t
57.214
MMl
*?JPIT
51,"SI
mam
nan
20 tseeWnr Steam Pow.Oo. 52
2«o AWXm^ta UmUng a
r .,« i-r <*..____ ______ I
too T»tkrr Vsto Coat Co.. #5
3» B M
Iloek CoBgret* |
Spring- (*o.................. I
Coro r.«. liank.................257
MorobAtitx' .Vat. B an k.,1 4 0
B ow erj Kir«* In*. Co. . . 71
Standard <•*• U g h i Co.
o f S. Y „ p irt,
. . . . . . 73
Bondi.
25
11
6
27
50 Mutual Ha* Light Co. of
■v. Y ............? . . . ........... 1469
67 M»Hnf»etttr*r*’ National
Bank or B r o o k irn .......220
30 “ !tth A v- ihih RK, c<». . 1 9 7
23 Tburtwr, Whylasd A Co.,
p ro f.......................... .
8 9 -9
W ekk. —T h e f o l l o w i n g are
the import* at N e w York for the w e e k e n d in g f o r d r y g o o d *
Jaa. 85 aad for the week ending for g e n e r a l merchandise- J a n ,
2 8 ; aliM totals since the beginning o f t h e first w e e k in January.
i
*1.780 F o r & iVttoon. Hap.
C o . Roads . . . . ____ ...___
8 N. Y. A Bo*ton In*. Co.
2 75 per rnare paid 111
Ifqoldatvow;...........
81.000 Clay Oo..Ia.,Bi)Unty
tk*n<l, dated 1300..............I
*2.000 O il •,k<. A West, [ad.
HR n«. 1932, Q M............. 1 1 5 9
t o .o o o T erie Hante A FeoriB
Kit. 1*15(1,1947. M. A 8 ...1 0 2 %
831(0,000 O lio. Pen. A- St. I,.
Kjr. 6». couaol.. 19 4 1. D ec ,
1393, coupon* o n ................. 17
* 10.000 sjrr. Bing, A- N. Y.
R ). I * t 7 « , 1906 A. A O .. 133
$1,000 Bellev A Carondelet
fUt. 1*1 « » . 1923. J. A D . . 104
$ 1 ,000 North li ud.*oa c o . By,
lot e?, 1914. ....................... 1 1 0 9
jBaulitug aud ^itiauclal.
Fowuosr IWPOBTS AT SEW TOE*.
for r«*k.
Dry O e»d »,..„
Oea I mer'.lUf.
IM1.
|
1802.
i
1893.
(
« A t 2.380
9,894,291
*4,29*489
0,038,041
*1.700,973
5.230.414
#10.600,150 112.006,077
tr,
*8,931,387
-•
7.049.790
4k»r> /* « , i.
Dry QimU...... »t 2.749.570 *12,*71,881
Sen'S mat'dlM. 29,804,777 '30,880,284 • j i f f l s :
Total 4 week*..
*7,303,783
24,338,020
D .
D a v is
&
G o .,
B A N K E R S A D E A L E R S IN I N V E S T M E N T S E C U R I T I E S ,
*•«. 44 W I L L » T „ NKW Y O R K .
SAMUEL D. DAVIS.
TH E
*43.364.125 *50,909.061 j *31,839,803
The import* o f dry goods for one week later wilt be found
our report of the dry goods trade.
The following is » statement of the exports (exclusive of
specie) from the port of New York to foreign port* for the
w e e k ending January 37 and fr o m January l to date ;
la
S a m u e l
1894.
Capital.
GEAR. B. VAN NOSTRAND.
M E R C A N T IL E N A T IO N A L
OF T U B C IT Y OF N B ff Y O R K ,
.
Na. 191 Broadwar.
1 1 ,0 0 0 ,0 0 0 1Karpin* F u n d , -
BAN K
*1 ,0 0 0 ,0 0 8
WILLIAM 8 , 8T. JOHN, Preslosnt, I FIIBDER1CK B. 80Q B S0S. OaakUi,
3AUKS r . LOTT, AMlataut Omhim,
A C C O C h ft ; R O h iC ir iU J .
THE CHRONICLE.
214
[V ol . LVIII,
Posted rates of leading bankers are as follows :
g k e
- p a n k e r f '
(ia * jc t t e «
D IV ID E N D S .
Name o f Company,
Per
Cent,
K a iirou clM .
Civic. & Alton prcf. & coin, tquar.)
Chicago ■& V eat In k.........
P
Connecticut & Passuiupeio pref.
2
1%
K. €. St. L, < GU pref„KUar.(qii.)
fe I.
Lcmisiitna .v Mo. Kiv. yref.yguar.
Ma#3aw1pCt, guar.........................
MJJw. A Lake Winnebago p re f...
B oise Wnt. < Ogd.. guar, (qunr.)
v
3t. Paul & Dttlntli pref.................
H an k s.
Lincoln National (quar.).............
Manhattan Go................................
S. Y. Nat. Exchange....................
T r u s t C o m p a n ie s .
Kings County, Brooklyn (quar,).
K Ir e I n s u r a n c e .
Peter C ooper.................................
it lis e e ila n e o n s .
Denver Consol’d Gas (quar.) —
Brie Tel eg. & Telep, (qnitr.)........ I
1E>
3^
2*9
4*8
2%
When ,
Books Closed,
Payable. (D ays inclusive.)
to
to
to
Mar.
Feb.
Eel).
Feb,
Feb.
Feb.
Feb.
Mar,
2*5
3M
i
3'a
Feb.
Feb.
Feb.
O
Feb.
1
1
Fob.
iFeb,
1 Feb.
6 to Feb, 28
1 Jan. 25 to J a n .31
10; Feb, 2 to Feb. 9
to
Feb.
5
to
to
to
ii
15 Feb. 9 to Feb. 16
1 4 — ------ to
W A L D STREET. F R ID A Y , F E B R U A R Y 2, 1 S 9 4 -3 F. M .
February 2,
Skely Days.
Prime bankers’ sterling bills on L o n d o n Prime com m ercial....................... ............. . . .
Docn montary com m ercial............................
Paris bankers (francs)............... ................
Amsterdam (guilders) bankers...................
Frankfort or Brem6n(r8ienmarka)l>’nk.ers
4
4
4
5
Demand.
85V-24 86
4 88
81 '» 4 84%
........... .
81 4S4 HI t{
........
19% ® 5 18%|5 1713*5 i e 7s
401g
! 405jw*40%
947
8®95
( 95% ® 95%
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buvink
par, selling % premium; Charleston, buying par, selling %
discount ® par; New Orleans, bank, S l’00 premium; commer
cial 50c. premium; Chicago, 50c. per §1,000 premium; St.
Louis 50c. premium.
United States B onds—Quotations are as follows:
Interest Jan.
Periods 27.
2 s , ....................... reg.
4a, 1907...............reg.
43 ,190 7............coup.
3s, ou.r’oy,’ 9 5 -----reg.
Ss, our’cy,’96___ reg.
8s, our’o y /9 7 — reg.
6s, cixr’ey,’ 98___reg.
8s, our’cy .’SO-----reg.
Q.-Mok. * 95
J an.
29.
Jan.
30.
Jan.
31.
Feb.
1.
Feb.
2.
* 95
* 95
* 95
* 95
* 95
*102
*104
*107
*110
*11213
*102
*104
*107
*110
*11219
*102
*104
*107
*110
*112
*102
*104
*107
*110
*112
*102
*104
‘ 107
*110
*112
Q,-Jan. *113% *113% irii% *113*9 *113% *113%
y„-Jan. *113% *113% 113% *11319 * ii3 b i *1131*2
J. &
J. &
J. &
J. *
J. &
*102
*104
*107
*110
J. *112
J.
J,
J.
J.
The Money Market and Financial Situation. — The
“Tillsis th e p rio e bid at th e m orning b o a r d : n o sale w a s made.
great event of the week was the over-subscription for the
150.000. 000 Government bonds, and the placing of this loan Coins.—Following are current quotations in gold for coins:
Fine silver ba rs
— 6614 a — 67
S overeign s...—...$ 4 85 ® $ i 90
can hardly fail to help the financial situation. Only sec N apoleons.......... 3 85 ® 3 90
Five fra n cs............. — 90 ® — 95
Mexican dollars.. . — 5344® — 54
ond to this in importance was the passage of the tariff and X X Reielimaiks 4 70 * 4 80
Do u n com m ercial------ * — —
25 Pesetas........... 4 75 * 4 85
internal revenue bill in the House on Thursday, thus putting Span. Doubloons.15 55 ® l o 75
Peruvian s o ls .........— 51
— 53
English silver......... 4 80 ® 4 90
M x. D ou bloon s.15 55
an end to the suspense so far as that branch of Congress is Fine gold b a rs.... par ® 15 75
prem. U.8. trade d ollars.. — 60 ® — 65
concerned, and leaving the matter now with the Senate. If
United States Sub-Treasury.—The follow ing table shows
that illustrious body should finish debate quickly and settle
receipts and payments at the Sub-Treasury.
the tariff question in a short time it would confer a benefit
Balances.
upon the community by removing doubt and uncertainty, B a le. S eceipls. Paym ents.
(Join.
(Join Oerty C urrency
s.
which are generally prejudicial to business operations.
We have frequently referred to the decisions of the
-$
$
$
$
$
391,998 32,781,887
United States Courts as inevitably being fair and equitable and J an. 27 3,473.650 1,638,642 62,688,253
432,528 32,721,299
2,828,345 62,249,178
“ 29
2,369,257
594,937 33,039,1)15
“ 30
2,362,583
1,804,029 62,326,806
quite unbiased by popular clamor. This week we have two
746,066 34,801,772
“ 33.
3,275,033
1,656,036 6 3,C32,717
important decisions which fully sustain the reputation of the Feb. 1 4,743,442 1,273,061 64,936,529
848,190 35,266,218
1,650,4 i5 37,725,127
“
2 14,666,971
2,254,721 74.087,616
IT. S. Circuit judges for fearless and conservative action; we
refer to the Sugar Company decision in Philadelphia and the
Total 30,890,936 11,454,834
Union Pacific decison in Omaha, the latter sustaining
State and Railroad Bonds.—Tennessee settlement 8s met
the receivers in their reduction or equalization of wages with a good demand and $179,000 sold at 74%@75 ; §90,000
and enjoining the employes from striking. A decision Ya, 6s defd. trust receipts, stamped, sold from 6 up to 6% ;
in the case o f the Toledo St. Louis & Kansas City Road $54,000 Va. 2-3s of 1991 sold at 50M@-51iU'; $5,000 Ala. Class
also supports-the receivers in making a reduction. This gen “ A ” at 98.
Railroad bonds have been dull on the general inquiry, but
eral attitude of fairness and conservatism on the part of the active here and there in a few specialties. The Texas &
U. S. Courts is a guard to the rights of bondholders, and will Pacific firsts and seconds both met with large dealings on
induce them to resort more boldly and confidently to these buying supposed to be for parties interested in the company,
courts for the maintenance of their just claims in every rail as the larger cotton crop has helped the road materially this
season; the lsts close at 78 and the 2ds at 28%. Reading
road reorganization,
bonds have been firmer on moderate transactions, and
The open market rates for call loans during the week on the joint companies’ statement for December showed a small
stock and bond collaterals have ranged from % to 1% per cent, increase in earnings, but no definite progress is reported with
the average being 1 per cent. To-day rates on call were 1 per the reorganization plan. Northern Pacifies have been a trifle
stronger, and business on the road ought to improve with the
cent. Prime commercial paper quoted at 3% to 4% per cent. resumption of business by the banks in various cities on its
The Bank of England weekly statement on Thursday lines ; the reported agreement with Great Northern and Cana
showed an increase in bullion of £641,715 and the percentage dian Pacific for maintenance of rates is also a good point, and
of reserve to liabilities was 55’00 against 54-41 last w eek; the the N. P. receivers’ actions have been approved by the Court in
a good
discount rate was reduced from 3 to 2% per cent. The Bank Milwaukee, Some of the investment brokers still reportgetting
demand for very choice bonds and a difficulty in
of France shows a decrease of 950,000 francs in gold and them. The advertisement of interest payment on Fort
an increase of 2,250,000 francs in silver.
Worth & Denver City bonds applied only to a trivial
The New York City Clearing-House banks in their statement amount of June, 1893, coupons that had never'been presented,
and the officials give no definite promise of early payment on
of January 27 showed an increase in the reserve held of
the December coupons. Atchison bonds are stronger and
17,635,600 and a surplus over the required reserve of $109,. close at 71% for the 1st 4s and 34% for the 2d 3-4s, class “ A .”
143.000, against $102,754,450 the previous week.
Railroad and Miscellaneous Stocks.—Business at the Stock
Exchange is a diminuendo and the volume of transactions
1894,
BifferenJsfrom
1893.
1892.
grows beautifully less. This is really a healthy condition of
Jan. 27.
Prev. week.
Jan. 28.
Jan. 30.
affairs at the present moment when nothing could be worse
$
s
$
$
than a fictitious bull moment, or any attempt to bolster up
C apital................ 59,922,700
60,422,700 59,372,700
Surplus................ 73.015.200
69,191,600 66,007,900 prices by; speculative manipulation before circumstances
Loans and diec’ts 418.771.600 Dee. 914,300 455.179.900 453,582,700 warrant it. The railroads will probably show new life as
Circulation.......... 12.677.200 Dee.
65,000
5,586,300
5,488,300
Net deposits...... . 547,694,400 Inc .5,388,200 488,779,600 509,514,000 soon as spring opens, or even in anticipation of that event,
Specie.................. 126.895.800 Inc .3,265,700 85.280.100 113,192,800 and in the meantime they are favored with the best
Legal tenders,—. 119.070.800 Ine.4,369,900 60.058.100 50,206,800 winter weather that could well be experienced. There
sell short at present prices
Seserve be 10....... 245.966.600 Ino .7,635,600 145,338,200 163,399,400 is little inducement to
Lega reserve___ 136.923.600 I n c .1,347,050 122.194.900 127,378,500 and
so
the market remains
dull
and tolerably
Surplus reserve.. 109,043,000 In o . 6,288,550 23,143,300 36,020,900 firm. Chicago Gas declined under one of the periodical
attacks by threatened litigation in Chicago and closes at 65%.
Foreign Exchange.—The market has been very narrow, Delaware & Hudson has been strong since the earnings for
but with light offerings bills have been firm. The reduction 1893 came out and closes at 137%. The grangers and Western
Union are about steady,' without any new features. Louisville
to 2*4 per cent in the Bank of England rate was rather un & Nashville -holds its advance pretty well and also Missouri
expected and naturally strengthened long bills.
Pacific. Texas & Pacific stock shared to a small extent in the
_ To-day actual rates of exchange were as follows: activity of the bonds but closes dull at 8%. Sugar was weak
Bankers’ Bixty days sterling, 4o4%<g4 85; demand, 4 86% fora time, selling in considerable amounts below 75, but re
covered sharply to-day from 76 at the opening to 79, and then
@ 4 87,; cables, 4.§7%@4 8?%,
closed at 78%.
THE CHRONICLE.
F b b s u a r v 8, 1894.J
215
NEW V'OKK STOCK EXCHANGE—A C 1 I V B STOCKS f o r week en ling F E B R U A R Y 2, and since JAN. I , 1 8 9 4 ,
Sales o f
the
Week.
Shares.
H IGH EST AND LOWEST TRICES
Saturday,
Jan. *27.
Monday,
Jan. 20.
Tuesday,
Jan. St).
W ednesday, Thursday,
Jan. *31.
Feb. 1.
Range fo r year 1394.
Lowest.
Highest
A ctiv e R R . S lock s.
11 % 12 A tchison Topeka & Santa Fe
5,044
9 ? , Jan. g:
*%
. 1 % Atlantic A P acific..................
% Jan. 2
70% 71 % Baltimore & O h io . . . . . . . . . . . .
310 67 Jan. 2
72
72 Canadian P acific..... .................
500 70% Jan. 22
50% 51 % Canada Southern _________
2,717 47 J an. 3
115 115% Central o f New Jersey. —
359 111 Jan. 3 :
18
18% Chesapeake A O., vot. tr. eert,
2,085 16% Jan. 2 18% Jan.
*133 138 Chicago A Alton . . . . . . ____
6 0 1 3 4 Jan. 10 137 Jan.
76% 77 Chicago Burlington & Quincy 20,534 73% Jan. 3j 77% Jan.
.................... (Chicago 4 Eastern Illin o is..
.
.— . ......
Do
pref
.........t 93% Jan.
6 97 Jan.
59% Chicago Milwaukee & St. Paul 66,187 54% Jan, 3 60% Jan.
59% 59
59% 59% 59% 59
119 119
Do
p ref
189 116 Jan. 2 118% Jan,
118% *138 119% J118 119
104% 104% 104% 104% 104% 104% Chicago & N orthw estern.......
104
4,197 97 Jan. 3 104% Jan.
140% 140% j
Do
pref.
140% 141
140% 140 140
315 135% Jan. 4 140 Jan.
67%; 67 % 68 | 67% 68% 67 % 68% (Chicago R ock Island A Pacific
5,290 61% Jan. 3 68% Jan,
37% 37% Chicago St. Paul Minn. A Om.
37%' 37»* 37V, 37% 38
3,400 32% Jan. 3 38 Jan.
112% 112% "113 114
Do
pref.
113 *110 113
220 109% Jim, 4 112% Jan.
% 38% Chore. Cineln. Chle. & St. JL.. 10,741 31 Jan. 10 38% Feb.
37
38%
36% 37%
37%
78
78
Do
pref
10 78 Jan.
82 Jan.
*19% 20 Columbus Hoekiag Vat & Tol
*1*9* *19 ‘ !*Yb* * *1*9** *10% 20
305 19 Jan.
20% Jan.
*60 67
*■00
*80
67
67
67
Do
pref.
*00
. . . . . . 1 85 Jan.
88 Jan.
132 132% 133 135V 135% 13
Delaware A Hudson. .. . . . . . . .
8,274. 129% Jan. 2 1 3 9 Feb.
165 165 185 165 ' 168% 168% *166 168 Delaware JLackawannaAWeat 3,0U2 101% Jan, 2(170% Jan.
10% 10% 10% 10% 10% 10% 10% 10 m Denver A Rio Grande ....
1.455 10% Jan. 27< 10% Jan,
32% 32>4t 32 >, 32% 32% 32%
31% m
Do
pref.
1,500 30 J an. 3 32% Feb.
% -#
% East Tennessee 7a. A Ga......
•%
% Jan. 19 j
*%
%
% Jan.
R
11% 12 | 11%
11%
1
* % .........j
72% *69% 72% *70
71 ■ 71% 71% *70%
50% 59% 50%
50%
115 115 j 115%
115
17%
17% '1 7 % 18%
133 138 ; -133
138
76%
76% 77%
76%
60 i
96
m I 58% 59 % ’ 58%
118%' 118% 118% 118%
*
103% 103 • 103% 103%
'139% 140
140%
140
67% : 67 %
67%
*37
37
110 113 *110 113 *110
36
35% 35% 36
86%
11%
*%
*69%
-70%
50%
*114
17%
•133
76%
*55
*93
58%
118%
103'H
*139%
67%
*ia % 20
20
07
*60
67
133% 132% 132%
160% 186% 189%
9%
9%
10%
31% 32
%
*%
*5
15
15 *
"
*5
*1
*1
6
6
•m
70
63
m
*102 107 102 102
*92% 93% 93% 93%
•7%
8
7%
7%
*27 29% *27
29%
14% 14% *15
m '
67%
*66
67% *08
128 126
126% 126%
99% 99% '98% 100
45% 46% 46% 47%
9%
9%
9% 9%
*1%
5
*1%
*19%
*60
133%
168
10%
*97
10%
29%
'1 8 %
24
23%
*17
•71
10O%
16
71
•32
1IH
120
121
&7M
10%
29 y
13%
24
24%
19
TH
101%
16%
71
33
15
^20 '' 20
*4%
4%
16% 16%
15%
-15%
43%
*11%
4»,
17%
m
m
43%
4%
17%
50
*2.0
30
•5%
4%
4%
•4%
0%
25
4H
*«%
*87
201 *101
22%
«U
sv
7H
*«%
45
*38
75
*oi
19%/ 10%
€%:? *5
7%f
7
14%’ 14
1 2 ', 12%: 12%
-li<S 4 9 % 4.49%
«% ( "5%
37% gg
67% #7%
78% 79
$2H
72%
0 i%
m
68%
78%
m ; »1 %
72%
71%
m
*©#
12%
71%
71
51%
115
IS I
138 \
77%
15%
10
75
mi
12 in
S3
15
33%
11%
mm
15%
m
it"
M l
15 %
|
33%|
I f *3
33% 33% 33
S3 I
l>o
2d p re f J
713 30 Jan. 5 34 Jan.
15% 15%. 15% 15%{New York Lake E ric A W»Mt*n; 8,740 13% Jan. 4 15% Jim.
33% 3®% I
*33
34
Do
pref J
545 29% Jan. 3| 33% Jan.
11 %
11% 12%|Blew York A New England,. J 43,089
” % Jan. 2! 14% Jan
■|.#2 188 |N«w Yorte Ncw.l-Ia.vcn A I I art J
183 1
165 Jam 15 190 Jan.
16 J 1*3
15% 15% 15%
15% 15%
|
*43% 44 J 43% 44
16
44% m s
»«*«..|N«w York A Northern, pref. ,1
1.0
45
18 fNcw York S -iN A W est, ne w ,!
w |>
45 %!
Do
pro# j
Norfolk A Western
J
Do
4% 4%f 4% 4%J 4% 45
10% 17
17% 17 %f 17
17%
s4% 4%
!*<»■ SOh
14
14
47
48
2% 2%
10%|N* w York <iDtorin A W witem 1
5
*2T " ' 21 * *l£V*
*4%
4yf Norther® Pacific..
17% Tf%!
Do
*$9% ‘ I f y
50
m
4%
“ *i% ** \jP* “ T v
»H
<4,
0
25
*22% 23
*32i»
*88
*87
t o o *101 104 *101
2f*
22%
8%
9%
9H
•rt
7
#*»
6%
*45
38 i 38
38
*69
75
*69
75
20%
10% 2 0 % 10%
•5% 0%' *5%
#%j
7 1
14% I 14
14%I 14%
If ; If
13 f 1*2%:
48% 4 9 % 47%
&
•5% 0%|
6%
“ T%
0
2S
28%
09
74%
*25
*20
7%
*20
44»!
pref.
prof
jOliifi *v M
Jwds**fpp|,
IS lOlsb* H o u t h e m __ _f
O
10 Oregon MY A Nm Iganon C»J
M |(irrtfuD 9h. U m A Utah North
4%
4%?l*c*»Oa Decatur A I
ihimivH c
I
2 0 % 20% Philadelphia A E rodin g........<
10%
20
U% 11% *12% 4 4 % *42% H%| Pittsburg i ’tna Chic. A St L.j
*Hi
48
48
$0 |
Do
prof
*2% $
*2%
3 fit* A W - f t T#r,,t.e«. t . 2 d a « f . jw!:
Do
pft>L tr. reel*
15
*...,„flfclo < ramie Western.***..»»..
1
*,*,**.{
Dopref/
2*1%
&
'67 % 0#% *07
75% 77% 75%
81% SSf ; -#l%
KM
S3V
9
7
sl
7-5
1»%
6%.
7%;
I4 % f
13 {
50%
6%;
*4%
I
* 8%
23
IDG fulfil
5
flltfe Lo*iin Soutliwc»t#rn..,,.....
0 !
• . Doprtf ..:
2^ {84,.l*an! A Dti.ltitl*
Do.
writ* i
*«
104 st. i »s i Mlnm A Manitoba,,.
r«*u.lh#rn Pawific C#. .
.
#%Texjta A Pactfie.. . . . . . . . . . . . . .
6
l
■: J
{Toledo A *,>M Central.........
o
*09
75 |
Do
pref.
175 1$ % Union Pacific17% 18s
i !1 «n Pacific Denver A <o>if
7%. Wabash,**
*1.4
11%
14% 14%}
Do
pref.
.12% 13%fWheeling A I-ako E rie,,......
12% l f %
48% 49% 4 0
49%j
Do
pref.
0
6 } #5%- 0%{WDcofiAin CcaDal Coittpany,
j M l ac ell stit*< tta Ni o r Ita,
l
*>
;
»%
*311
*28%. m
28% *27% 29% AtnWlCKD Cotton OH C « .........j
69
*67% 69% 08% 88 %
Do
pref..}
76
7lf iAtaRDeaii SugAf- Ecflulng Co, j!
* *%
•
81%; 81% 02%: 82 % S3
Do
p re f, j
Til >Attiofiesn T oIosm co Ofi.... . . . j
b
9f
fiS
t #0
01% 04%! 63% 0i%I 63%
04% oas-* tlcagoOas Co., trust ite’h . . j
*D> 11
•10
11 1 -*10
11 I •10
i ! ! *10
n r«dorado Coal A Iron Devei..
26% ♦0%
*25%
a
Sd%
*25% 27 Ctibmdo Enel ■ Inns ,. .. . .. . . I
%
I37% 1*33 *122 12 4 f 123 125 12^% 124 124% 124% ivm m tm tm Da* Company f
20% 26 % 20% 20% 25% 20 h 26
27
27% 2TS, It *idling ,V *MlHe Feciting Co
35%
33 % 31 %
IlM 3-1% 34 % 85 V 84% 31* tl en-rul Elect no Co............ .
18
IS
17% 17% .
JT<a *17
! 'Vt
17% S At. Cordage new ,2d aast pd
37 M7
4S ; *38
*40
12
*38
42
42 "f *3-8
Do
prof-,as«*t pxi»
20% 28 I 27% 28 % NstimuliJLeifel Co
ml % 27% 28
73% 7i{ % 7J*w 74 | 74
72
7n
73
'4
M
74%
Do prof J
-1
4
4 I 4
4
4 1 *8% 4 S >rth Aiuerlehn Co
4 i 4
’
*12% 11 ; ♦12% 14 1 ♦12% U D"vgoti Dtipfotemenl
13
Li
•12% 14
17% 17% 18
18%; 18% l-f.% 17
10 : m
’i'ie M I
jp
. . . . . ,i
19 {> M
*80
*80
•so ____ P s Lin# Certificate......... i
IiM
|
1* 1% •!*;;> 171 *100 v ii •100 171 Mb? 170 ( j |!$ 169 p 11
bnan p.ilae# Car Company-ver Buliiofi Cortlfien-t*^....I
17
10% 10% *10
17
I d-% 16% 16% 10 V 16% 10% r«nn€!Meo Chad A Iron.......... .
70
til 1
:
40
%0
36
86% 36% *30
40
•36
40 | '*80
40 c died States Bnbhor Co.....
M
*
*1*4 «3% 8%
844, m««tw » tfnt#n
84 % 85 1 ,«1
U1N1 «4
.S
33% 8-4%; #4% 8
fS € 63V
"10
11
20. 20%
23% 123 |
26% 20%
34% 35
In
1•
4#
4ft
.*to:
42
,
72%
*4
4%
Mi
15
17-% 17%
at# Md
18
22
23
31
31
22
22
10
1
10
23
12
2
16
31
2
19
M
4%
4%
20
13
25
*5
lf>
15
Do
1st pref
6
•i
6
*1
Do
2d pref.
“62
*63
60
66 Evansville A Terre Haute.....
55 Jan.
Jan. 26
103 103 ♦102 104 Great Northern, pref...
2.*.0 l o o Jnn. 4 103 Jan. s
04
9-1 Dlinois Central..................
94
94
220 89% Jan, 3) 94 Feb, 2
7% 7%
7% 7% Iowa Centra!. . . . . . . . . . . . . . . . . .
760
6 Jan, 2j M Jan. 25
Do ;.t*
pref.
*27% 28% *27% 29
21* 23% J:«l. 4. 20 Jan. f*e»
-15%. 15% Lake Erie A Western . . . _____
16
16
65 13% Jan, » ? 16 Jan. 19
*65
00
*05
Do
prof.
66
5} 63 Jam 3! 67% Jan. 22
127% 128 Lake Shore A Mich. Southern 4,594 U S % Jan. 3 128% Feb. 1
i
98% 08% 100 loo Long Inland. . . . . . . . . . . . . . . . . . .
210 98% Feb. 1T0O Jan. 2
40% 46% 48
40% Dmisvilie A Nathfllle........ 33,209 40% Jan. 12 47% Jan. 29
9% 9% *8%. 0% Lowlav, New Alb, a Chicago.
620
8% Jan. 3 10 Jan. 22
*1% 5
*1% 5 Lofihiv)il#St. Louie A Texas.
121 % 122% 122% 123% Manhattan Elevated* ©ocsoL,
1 1 8 % Jan. Ilf 124- Jan, 4
99% 100 Mlehisran Central.. . . .. . .. . .. .
99%
2,06" 96 Jan. 2,100% Feb. 1
11 .Minneapolis a St. L , tr. roots.
10% 10% * 10
413 10 Jan. 2 11% Jan. 4
*28
31
Do
pref. -tr, rent*.
*2-8 St
100 88 Jan. 4 32 Jan. 4
2,100 12% Jan. 17 14% Jan. 8
.
*13
13% 13% 13% ,Miaaouri Kansas A Texa#....
24 |
Do
pref.
23% 2-4% 24
813 22% Jan. 21 25% Jan. 9
..•**.*.-***,«
23% 24% 23% 24%|Mlmami
8,135 18% Jan. 5 24% Jan. 26
•18
*18
20 fMobile A Ohio....... ........ .
100 13% Jan. 3{ 19 Jan, 25
70
70
'£ | ashv, ChattauooaraASt. Ianub*:
N
70 Jan, 19! 7 0 Jan. 19
101 % 101 %lfl01 % 101 % New York Central & Hadaon. 6,728 95% Jan, 3 101% Jan. 30
10% t*I%f 16% i 6 y
16 %! New York Chicago A St LouiC 1,035 14 Jan, 5 16% Feb. I
74% 74% 73
73
741 74%|
Do
1st pref.!
700 66 Jan. 121 74% Feb. 2
■
SO
50
*20
3<
t
*0% 10
10% 19% 19% 20%
14% 15
*14
14%
SO
48
48
*2% ■
S
2% 2%!
*%
*8%
*as**
*87
101
22%
* *a
5
*8%
*38
♦69
19
0
7**
12
*5
15
15
*1
6
6
*62
60
65
105 *101
94
94
04
7% 7%
7%
27
27
29
16
15% 16
*15
80% 66%
*66
68
126 127%
*98% 100
*98% 100
45% 46% 40% 47%
0% f f i
9% 10
*1% 5
*1% 5 1
120% lt i%
121 121
97% 07% 97% 09
10% 1.0% 10% 10%
*28
*28% 31
31
13% 13% 13% 13%
•23% 23 %i *23%
23% 24%) 24% '
*17
*17
10
*70
*70
79
m i 101 % 101 101 y
*5
*1
*62
101
*93
7%
»7»a 97%
*10
11
*28% 31
18% 13%
•28% 23%
23% 24%
18
18
*71
78
101 101%
16
*15%
16
•70
75
*70
28% 33% *31%
15% 15%
14%
32
32%
ION 13>,
11%
9% 11%
18t
i-»
tm
16
15*» 15%
• ia u 43%
12%
72 | 71%
71
71%
50%
50%
115% 115
18 > 17%
133
138
76%
77%
; ®o «ml« a»»d^
| Old eertlfioatm
f I'irak inatal aic-at paid.
1,7iwy 14% Jam
1 801. 14 Jan,
2,105 40 Jan.
31
24
81
S8
5
4 ’ 16%*Jan. ’ *22
2 16% Feb.
2 45% Feb.
1
1
Jan.
l .295 4 Jam 13 S% Jan.
3,377 18% Jan. 111 10 Jan,
6
2
24 Jan. *2 »• * Jan. 10
7iM
» 1>I Jan. 8 8 Feb. 3
450 3% Jan. 11 4% Jan. 5
a,170 1.7% Jan, 2 25 Jan. 30
250 12 J «i. 4 I f ’# Jam 25
H # 44 Jan. 8 50 J an. 24
5*
4KJ 2 Jan. 15
Jan, 50
!
'
1.50 45 Feb, 1 IB, Feb, I
|?281 4 Jan.
n r J an. ~ 8
400 7% Jan, a 9% Jan. 8
2it% Jnn, is 25 J an. 4
H
88 Jan, 8 H Jan. 8
so 100 4 an. 0 103 J an. 26
2 •400 20 Jati, 2 24 Jan. 22
9 780 7 Jan, 2 9 Jan. 31
215 5 % J an. 11 ! 7 Jan. 20
ISO 38 Jan. 3€ 38 Jan, SO
75 Jan, 2 75 Jan, 0
:i 2.80 17%. Jan, 2 : 20% Jan. 30
100 4% Jan. 8 6 % J H . 16
O
1 545 0 Jan. 3 7% Jan. 31
SJ570 12% Jan. 2 14% Jan. 24
1,200 12% Jan, 10 13% Jan. 4
1,305 47 Jan. a 50 •
#Jan. 31
65 0% Jan. 8 0% Jan. 6
2r
815 26% J iuj. 30 20^ Jan. 4
480 03 Jan, 2 60 Jan. 29
*7 733 75% Potu 1 84 % Jan. 8
4 tbj0 79% Jan. 2 85% Jan, 16
682 09% Jan. 2 77 Jan. 15
2.01 92 Jaw, 20 95 Jan. 13
*0 0* 1 53% Jan. a 67*4 Jail. 17
to Jan. 22 10% Jan. 26
4-00 21 Jan, 3 20% Jan, 29
H fJtj 1*22% Jam 29 12?% Jan* 22
O
»1 .
20% Jan, 2 27 % Feb. «>
100 *Jf»%Jan. 3 38% Jan* 15
2 38 17% Jan, 30 20% Jan* 4
202 10 Jan. 27 48 Jan. 4
1 423 22 Jan. 2 28% Jam 20
1 02b 08 JiMt. 2 74% Feb. %
*
1 DM- 3% Jmi, 2 4% Jan.
io o ; 12 Jan, 8 t IH Jan, 32
s
i 346 14 J1:1. a 19 Jan. 30
14
7*1 Jim. 15 80% Jan. 38
259j 102% Jan, 2 171% Jan, 30
07 Jan, 20 67 Jan. 20
1 710 14%Jam 8 1.7 Jan* 26
20. 03% Jan, 21. 65 Jan. 24
6 3d Jan, 21 41 Jan. 6
OT*
4
1•Ml M ,tn,n,. 8 m u 4«n, 8
THE CHRONICLE.
216
[VOL. L Y III,
NEW YORK STOCK EXCHANGE PRICES ( Contilined ) —IN A C T IV E STOCKS.
|
I k active Stocks
H Indicates unlisted.
R a llr o u d
S to c k i.
Albany & Susquehanna.
Brooklyn Elevated 11.
Preferred.
Cleveland A Pittsburg.
*
Preferred..........
Duluth 8o. Shore
Preferred.
Gr. Bay Win. & St. P. tr
Preferred trust reels.
H ouston & Texas Centr
jQlinois Central leased l:
Kanawha & M ichigan..
Keokuk & Des Moines.
Lou. N. A. & Clue., pre
Mahoning C oal.—
P r e fe r r e d ....----M exican N ational..
Morris & Essex —
N. Y. Lack. A West
Norfolk: A Southern
Peoria A Eastern..
Pitts. A Western pi.
Rensselaer A 8arat<
Range (sales) in 1891.
Feb. 2.
Bid.
Ask.
Lowest.
(% Indicates actual sales.)
Range (sales) in 18i 4
Feb. 2.
I n active Stocks .
1 Indicates unlisted.
F
Highest.
Bid.
....
.100
100
100
100
100
100
100
100
100
50
100
100
100
lo o
100
100
100
100
100
100
100
100
100
100
100
100
100
50
50
100
50
100
100
100
100
50
100
100
100
100
165
130
! jToledo St. h. A Kansas City If.
175
17
24
Feb.
Jan.
15
17 Feb.
im
25
20
02
55
50
lft>4 Jan.
12% 13% 14 Jan.
147
147 Jan.
149
5L Jan.
7
5L Jan,
fthi
14 Jan.
14 Jan.
20
7 Jan.
6
7
0 Jan.
M L 15 Jan.
15 Jan.
13
__
33!
....
....
3
4th
5%
3 3,
2
86
7
8
5
...... .....
343-2 a 6ia
90
4
Jan.
12
12% Jan.
33
__
_
Jan.
149
28L 20
180 175
110
; u ia i
30
20
21
146 175
Preferred.
* No price F rid ay ; latest price this week.
40
__
Jan.
.100
Lehigh & W ilkesbarre Coal H ,
Preferred.
Jan.
} 51 S Jan.
a
Pennsylvania Coal.
Jan. ; Postal Telegraph—Cable If..
j Pullman Palace Car rights.
52
Jan. 150
Jan.
28
Jan. 176
Jan. 112
Jan,
20
.100
M is c e lla n e o u s S to c k s .
.100
Adam s E xpress....................
r American Bank Note Co.fi.
.100
.100
100
.100
.100
Preferred.
100
100
.100
.100
.100
.100
E dison E lectric Illum inating...
.100
2 L Jan.
80*, Jan.
9 Jan.
51
8
Jan.
2 L Jan.
SOL Jan.
9 Jan.
148
53
4
150
26
170
5
....
__
ja n .
Jan.
Jan.
Jam
Jan.
—
Highest.
Lowest.
Ask.
.100
.100
154% Jan.
’ 153
52
in
55
114
90
5
3%
109 L Jan.
88 Jan.
112
90
_i___
Jan.
Jan.
....
50 Jan,
4*9 Jan.
64 L Jan.
7 L Jan,
_
28
96
Jan.
Feb.
30
97
16
61
22
40
17
62
25
60
15
59
Jan.
Jam
1678 Jan.
67*2 Jan.
.......
......
64
6
120
23
70
7
150
33
,_r.
100 40
100 f 22
7
100
100
7
100 ; s
50 280
.100
54
300
Jan.
Jan,
__
....
....
___
22
8*s
9
....
Feb.
8 Jan.
G\ Jan.
8% Fob.
lig Jan,
275 Jan. 275 Jan.
55
100
2
13*
100 12
15
100
100 55
60
100
83
81
1 00 1127
I 5* Jan.
l^s Jan.
7^9 Jan.
48 Jan.
80 Jan.
122 Jan.
■8*e Feb.
57 Jan.
84ia Jan.
128 Jan.
.
___
t A ctual sales.
NEW YORK STOCK EXCHANGE PRICES .—ST AT E BONDS F E B R U A R Y 2 .
Bid.
SECURITIES.
Alabam a—Class A , 4 to 5 ........1906
Class B, 5 s ....... - ........
1906
Class O, 4 s ........ .........
1906
Currency funding 4 s ............ 1920
Arkansas—6s, ftmd.Hol.1 899-1900
do. .Non-HolJtordj
7s. Arkansas Central HR . . . . —
Louisian a—7 s , con s..................1914 106
93%
New eonols. 4s..................... 1914
Missouri—Fund.............. 1894-1895
Ask.
SECURITIES.
......... J&J
.........1900
New bonds. J&J ____ .1892 1898
Bank of New York
Manhattan Co.
Merchants’ ..,
Mechanics’ ...
America.........
Phenix............
C ity...............
Tradesmen’s..
Chemical........
Merchants’ JExcli’ge
Gallatin National...
Batchers’A Drov’rs’
Mechanics’ & Trad’s
Greenwich.
Leather Mannlac’ rs
Seventh National..
State of New York
American Exch’ge.
Commerce..............
Broadway................
Mercantile...............
Pacific......................
Republic.......... . . . . .
Chatham.................
People’s................. .
North America.......
Hanover..................
Irving.....................
. Citizens’. . . . .............
Nassau.....................
Market A Fulton...
Shoe & Leather......
Corn Exchange.......
Continental.............
O riental................
Importers’ A Trad’s
Park.........................
East R iv e r ..........
Fourth National—
Central N ational.. . .
Second National....
Ninth National.....
First National......
Third National........
N .Y. N at Exchange
Bowery...................
New York County..
German-American..
Chase National.......
Fifth A v e n u e........
German Exchange..
Germania...............
United States...... .
Lincoln— ..............
Garfield.............
Fifth National ..
Bank of the Metrop
W est S id e .....---- Seaboard
.....
Sixth National......
Western National..
First Nat., Br’klyn.
Sotuherzt National..
Capital Surplus Loans.
$
2.000.
2.050.0
2.000.
2,000,0
3.000.
1.000.
1,000,0
750.0
300.0
600.0
1,000,0
300.0
400.0
200.0
600,0
300.0
1.200.0
5.000.
5.000.
1.000.
1,000,0
422,7
1,500,0
450.0
200.0
700.0
1,000,0
500.0
600.0
500.0
750.0
1,000,0
1,00^ “
1.
1.500.0
2,000,0
250.0
3.200.0
2 , 000,0
300.0
750.0
500.0
1 000,0
300.0
250.0
,
200.0
750.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
200,0
300.0
200.0
500.0
200 .0
2.100.0
300.0
500.0
0
2.156.1
1.809.4
0
1.030.4
2.144.0
0
2,220,9
0
473.0
2.693.3
183.9
7.417.8
179.9
1.576.6
320.8
424.7
170.1
550.7
123.9
504.0
2.339.3
0
0
3.657.3
1.631.6
0
1.124.2
469.6
1.027.3
973.7
333.2
652.2
1.951.8
352.8
483.2
286.1
815.1
288.8
1.251.9
263.6
425.2
5,862,8
3.288.5
141.6
2.191.4
576,5
552.9
380.7
7.216.3
175.4
139.2
540.5
508.5
314.0
1.191.4
1.036.0
628.1
586.6
502.1
504.9
501.3
314,5
773.7
292.2
261.8
352,1
253,8
850,0
853.4
11.530.0
11.392.0
8,705,9
8.496.0
18,923,4
4.110.0
16,477,8
2.141.0
21,242,7
3.956.1
5.722.1
1.446.5
2 , 0 2 0 ,0
1.167.3
2.994.1
1.467.3
2.436.1
18.804.0
16.988.2
5.901.0
7,9i€,l
2.108.6
9.993.3
5.056.3
1.829.7
4.659.4
13.888.2
2.153.0
2.556.1
.
1 886.1
4.385.5
2.488.0
7.953.6
4.815.0
1.730.0
19.113.0
22.060.2
1.086.0
21,932,3
8.689.0
4.097.0
3.574.2
24.663.1
6.697.5
1.243.3
2.591.0
2.773.6
2.209.8
9.983.4
5.140.5
2.408.3
2.606.5
4,229,2
4.403.0
3.620.4
1.570.9
3.932.0
2.066.0
4.055.0
1.620.0
8.916.0
4.415.0
1.656.1
T ota l................ 59,922,7 73.015,2 418,771,6
Ask.
30
io
15
Sneeial tax. Class r__ .-I-_
_
Consolidated 4 s........ ...........1910
6s.................................. .......... 1919 118
Rhode leland—6s, cou. .1893-1894
South Carolina—6s. non-fund.1888
isg
New York City Bank Statement for the week ending Jan,
27, 1894, is as follows, W e om it two ciphers (00) in all eases.
Ba n k s .
( 0 0 s o m itted .)
Bid.
99
North Carolina—
99%
SECURITIES.
Tennessee—
6s, old ....... .1892-1898
6s, new b o n d s .........1892-8-1900
do
new series...............1914
Compromise, 3-4~5-6s...___ 1912
New settlement. 6 s -----.....1 9 1 3
5 s........................
..... ..1 9 1 3
3 s............................................. 1913
Virginia funded debt, 2 -3 s .,.1 9 9 I
6s, deferred b o n d s ............. .......
6s, deferred Pst r e c ’ts, stam ped.
l 7s
Bid.
€0
60
60
70
Ask,
_
_
104
75
76
5 6 5g 56t8
6%
New York City, Boston and Philadelphia Banks:
Ba n k s .
Capital &[
Surplus. Loans.
Specie. Legals. Deposits, f Oirc’Vn Clearings.
Specie. Legals. Deposits, No Y o r k .
$
$
$
Dec. 30... 132,019,0 417.606.9 1063164 1011082 506,437,8 131119 428,132,1
$
$
“
6 . . . . 132.937.9 418.807.6 1110734 1023544 518.524.6 130444 540.988.0
3.250.0 2.830.0 13.650.0 Jan. 1 3 ... 132.937.9 418,185,4 1183037 10S2584 527.913.7 1297
528.776.1
6.069.0 2.372.0 16.897.0
2 0 .... 132.937.9 419.685.9 1236301 1147009 542,306,2 127422 467,505,7
2.920.6 1.697,4- 11.566.9
“ 2 7 .... 132.937.9 418.771.6 1268958 1190708 547,694,4 126772 431,445,5
2.5 67,0 3.042.0 10.718.0 Boston**
3,997,9 4.209.3 23.140.1 Jan. 13_
_ 64,642.9 167.536.7 13.386.0 10,874,8 163,192,6 8.716,4 85,828,9
1.166.0
615.0 4.489.0
“ 2 0 .... 64*642,9 166.087.0 13.607.0 11,016.0 163.213.0 8.694.0 84,135,1
11,922,9 2.815.6 27,348,4
“ 27.... 64*642,9 167.720.0 13.661.0 11,483,0 162.191.0 8.568.0 77,688,6
347.7
576.1
2,44 7,8 P h ila .*
10,046,1 4.062.1 28.200.1 Jan. 13___ 35.810.3 96.592.0
102.600.0 5.065.0 52.806.3
35.038.0
664.9
903.8 4.688.1
“ 2 0 .... 35.810.3 95.071.0
102.283.0 4.912.0 61.619.3
30.171.0
1.705.1 2.006.5
6.910.8
“ 27___ 35.810.3 95,400;0
36.164.0
102.355.0 4.896.0 52.158.4
526.5
363.6
1.835.2
340.0
* We omit two ciphers in all these figures. t Including for Boston and Phila
650.0
2.380.0
*
221.4
263.0
1.300.7 delphia, the item * due to other banks.”
760.4
606.6
2.925.7
302,2
351.1
1.877.9
M
iscellaneous and Unlisted Bonds.—Stoek Ex. prices.
362.7
906.4
2.328.4
M iscellaneous Bonds.
4.550.0 7.419.0 21.740.0
M isce lla n e o u s B on d s.
4,3553 13,020.2 24.636.1 Ch, Jun.A S. Yds.—Col.t.g ,5s 100 b. People’s Gas A C. 11st g. 6s. 100 b.
97 Lb.
943.1 1.177.3
Co., Chicago_ ) 2d g. 6s
_
5.952.4 Colorado Fuel—Gen. 6s.........
2.423.2 1.736.5
Pleas. Valley Coal— g. 6s.
1st
9.361.0 Col. & Hock. Coal & I.—6s, g
799.6
980.8 3,414,6 Consol’n Coal—Convert. 6s. *101 Lb. Procter & Gamble—1st g. 6s
Sunday Creek Coal 1st g 6s..
2.395.5 3.046.7 13.220.0 Cons.Gas Co..Chie.—1st gu.5s
1.078.7 1.810.1
Western Union Teleg.— o „ 118 a.
6.480.4 Denv. C. Wat.Wks,—Gen.g.os
334.2
60 b. Wheel.L.E&P.Coal—1st g 5s 70 a.
740.3 3.051.5 Det. Gas con. 1st os...............
1.312.5 1.428.2
U n listed B on d s.
5.955.5 East River Gas 1st g. 5s........ 90 b.
8.348.1 4.374.4 20.887.9 Edison Elec. 111. Co.—1st 5s . 104 Lb. Ala. & Vicks.—Consol. o s ,g .
539.7
658.9
Vicks. A Merid.lst 6s.......
2.564.0 Equitable G. & F .- l s t 6s.... 96 a.
855.9
92 La.
681.3
3.501.0 Henderson Bridge—1st g. 6s. 108 b. Amer. Deo. Co. col. tr. 5 s....
085.5
875,6
7 D
.
3.030.6 Hoboken Land A Imp.—g. 5s 102 b. Comstock Tunnel—Inc. 4s..
_
741.0 4.570.6 Mich.-Penin. Car 1st os, g _
97 Lb. Geo. Pac—1st 6s g. ctfs.......
814.7
90a.
667.0 1.724.0 4.297.0 Mutual Union Teleg. —6s g ..
2d uiort. incom e...... ..........
1.084.6 2.309.0 9.587.1 National Starch Mfg.—1st 6s. 88 a.
33
Consol. 5s, g. ctfs........ .
1.485.6 1.556.4
*ncorne 5s. ctfs...................
10
7.161.5 Northwestern Telegraph—7s. 106 b.
6s, g ......
210.8
673.1
Mem. & Charleston—Con. 7 g.
2 , 000,0 Peoria Water Co.—
5.933.0 9.879.0 2*,960,0
N ote.—“ b” indicates prioe bid; “ a ” price asked. k Latest price this week
6.248.6 6.595.3 30,593,3
136.5
275.5
1.041.5
5.130.7 4.701.8 26.747.9
Bank Stock L ist.- -Latest prices of bank stocks this week,
2.730.0 3.359.0 12.263.0
1.051.0 1.089.0
BANKS. Bid. Ask.
5.499.0 ~ b a n k s 7 Bid. Ask.
BANKS. Bid. A s k
1.030.4
878.1
4,770 5
190 Gallatin....... 295
4.135.8 3.053.1 21.979.2 America.....
N.Y. Co’nty
640
539.0
1.807.7
i4 9
Garfield........
N.Y. Nat. EX 115 125
7.019.7 Am. E x ch ...
155.0
289.2
German Am. 120
N inth..._
_
1.277.0 Bowery........
120
481.0
547.0
235
3.056.0 Broadway..,
19th Ward.. 125*
954;2
269.4
N. America. 150 180
3.562.3 Butchs’tfeDr. 170 ISO Germania.... 300
840.9
519.8 2.634.1 Central_____ 120
Greenwich .. 160 .
Oriental. ... 230 250
5.387.7 3.506.8 17,221,8 Chase........ . 450
Hanover...... 300 340
170
1.228.4 1.488.2
Hud. River., 150
Park............
8.745.5 Chatham...... 350 400
280
256.5
563.8 3.045.4 Chem ical.... 4000 4800 Iin. & Trad’s’ 560 595
People’ s ___ 275
367.2
666.8
425
Irvin g...___ 135 160
Phenix...... 115 125
3.238.0 City.........
1.541.0
.
_
742,9 5.937.4 Citizens’ . . . . . 135 160
Leather Mfs’ 200 225
Produce Ex.
1.484.1
661.2 5.575.6 Columbia_ 215
Lincoln........ ....
_
Republic_ 160
_
1.109.3
703,2
Manhattan.. 175 190
5.147.4 Commerce... 170
.172
220,7
414.5
T%
Market & Ful 200 225
1.823.6 Continental. 120
S econd ...... 300 _i T —
945.9 1.150.5 6.409.5 Corn Exeh,. 255
Mechanics’ .- 170
Seventh ___ 125
369.0
426.0
M’clis’ & Trs’ 140
2.394.0 Deposit........
Shoe& Le’th 105 120
1.144.0
803.0 5.317.0 East River.. 142 155
180 205" St. Nicholas.
245.0
290.0
Merchants’ ..
loO
1.482.0 11th W ard... 200
Southern... 60
SO
2.436.3 1.814.6 10.838.0 Fifth A ve.... 2uQ0
Mereh’ ts Ex. 110 125
Stateof N.Y. 101 112
1.008.0
377.0 4.731.0 Fifth......... .
100
118.0
453,4
Mt. M orris.. —
1,363,4 First........... 2500
97
........ Tradesm’n’ s
Murray H ill
First N., S .I 110 120
Un’d States
210
1268958^190708^47,694,4 14th Street..
Nassau......... 155 180 W estern.... i05 112
New Tori _. 200
185 197
Fourth..West. Side .
THE CHRONICLE.
FEBJWAfiY B, 1894.J
217
BOSTON, P m L .A U K i.fU lA AJil) B A ltT ia O B E STOCK EXCHANGES.
S h a r e P r i c e s — n o t P e r P e nt a m P r l e e s .
Active Stocks.
Satnrdav.
1 tadSeatea unlisted.
Jau. 27
11 % 11 ’a
Ateh. T, A S, Fe (B otton j. 100
A tla n tic A P a o .
«
Mondav,
Jan. 29.
100 ’ ........ 1 0 0
Baltimore A Ohio (BaU .j.100 ......... 71
1st preferred
•
<
100 120‘s .........
2d preferred
**
100
B altim ore Trae*n.fPAil.j. 25
Boston A A lbany , B oltonj .100 20-i 205
Boston A L ow ell
“
100 ■183 184
Boston A Maine
«
100 134 134i«
Central o f Mass.
«
lo o
Preferred
•
<
100 1 0 ‘s '« » %
Chic.Rnr.&Quin,
«
lo o
76% 76%,
Chic. MIL A St. P. ( P h i l). 100 5818 59
Ohio. A W .SQ eh.fB oatoni.100
Cleve. A Canton
•
•
t o o ’ •50*'
Preferred___
**
lo o
* 2 % ..............
Fitchburg pref.
“
100
75
78%
Hunt. A fir. Top. fPAite ) . 50 *........ 34
Preferred
“
50 50
50
Lehigh Valley
“
50
391* 391*
Maine Central (B a tto m .l00
Metropolitan Trac./FAifKlOO ioi* ioi'%
M exican C e n fl(.Bostoni . 100
e%
H. V. A S . Eng.
*
•
100
10% 13%
Preferred___
«
100 35
37
Northern Central (B a it.). 50 *67
671s
Northern Pacific (PhUa.)J100
4% 4%
o f f * ? . . .
Pennsylvania.. (PKita.j. 50
£hUa<Mi, A Erie.
"
50
lTiUa.AKea«.ling
“
so
Philadelphia Trae.
“
SO
Burnout Branch (B ottom , s o
l nion Pacific
“
100
«j Mted cm*, o f * j . r p u t a .n m
estem X . y . APaf PAila.>400
*1 ( h . t iRitn.. n * .M a r a t .
Ani.Sag'rKafln.t fB o»!o.i,.......
P referred ...
•
•
Bell T elephone..
*•
to
*16% 16%
174% 174%
41>% 49 L
*24% 24%
S‘ >
9%
90% 92
Tuesday,
W ednesday,
Jan. SO.
Jan. 31.
12
ll«fe H 7S
Thursday,
Friday,
Feb. 1.
Feb. 2.
\
12
11% 12%
% 1 1 % 12
*•73 . . . .
1-00 1*00
-8 7 % 1 0 0
' ........ 71
71
71
127 127
'126% 131 *126%
103 • ioi” iT6%
16% 16% 15% 16% 16% 16% 16% 1078
205 205
205 203
205 205
204% 205
184 184
185 .... "185
.........190
i34 134
134 134
134 134
134 134
■ 1 1 % 12
11
11
♦46” *49
*46
40
*46
49
*46
49
7^% 77% 76% 77% 76% 77
76% 77%
58% 39% 58% 59s 59% 59% 58% 59%
*17% 20
*17% 20
♦15
20
‘ •30 ....... -3 0 ...
•50
* 2 % ..........
2%
2%
*2%
76
76
*75
75% 75% 75%
33% 33%
33% 33%
*33 .......
50% 50%.
*50
39% 35%
39
39% 39
39%
39% 39%
103 105% ' ....... 105
105%
*105 105%!
l u i % !OI% 101% 1C1%>
102% 103
6%
6’ . '
7
9% 11%
%
11% 12%
11% 1 2 %
35
35 i 36% 36
35
35
*35
40
'67
67
67 I .
67%
*67
68 :
4%
. ..
*4%
4%
4%
4%
4% 4%
17% 17% 16% it.% 17
17%!
17% 17%;
. ..... 175
174% 174%! 174 174 !
49% 49% 49% «y % 49% 49%!
49% 49%:
-7 ft
11
25
26
»% .
10%
12
‘ 24% 21
»=8 10
81% 02
92% 92%
i
28
28 i
jot,* It sia
92% 93 ]
” V<% " 10%
92%
92%
i;i\ 20% 20
*}»'% ' iV v
2u%
10%
229 ......... *210 239
228% 2x9% ’ 2 2 9
*2%
2%
2%
*2%
*-•%
2%
*2%
19%
78% 79
76% 73%
b2h
W e 83
170% 171
im
171%
Best A MOLtana "
35! 2»% 24% 24
24%
Batte A.Boston..
“
gjj - a % 4%
*\
Calumet A Heel* “
25! 290 300
305
Canton Co......... iBalt.i.im *60 . . . . . .
75
Consolidated G-m •
*
toof .* •
•)
*,«
*H
§
56
Erie’ftsiephetie (BotloKj,loo; '* 2 % 43
4 i% 42%
Setieral. Electric.. "
100 35 33
3 3 % 31
1'referred......... «
100 *60 ......
m
00
La tu«on Store Her. "
60 15
14% 15
15
Lchi’ hUMtAXar 'Phil , So 52% 52% 5 . -t 53%
5. Lug. Telephone tBotfnj 100 ...... S3
53
North American. (PhU.t.lOO
*»*,*.
We# End Land.. (Besfn/
:
M08i 10%
* Bid and asked price#;
waSm.
Inactive Stock*.
{ Bid.
i8
k230
2%
* 2%
i*%
210 !
2%
Sales
o f the
W eek,
Shares.
Range o f sales In 1S94.
Lowest,
5,90'_: 17:% Jau, g! 20% Jan. 29
56,228% Jau. 2 230 Feb. 2
. . . . . J l% J a n . 12
2 % Jan. 26
75’ *
it
171
24
77
75% 77'**
8l
s i % s lR
174
172 I f 4 I
24% *24% 2
8%
*8%
8%!
300 300'
300 306 t
70
*07
*03
fi
36
56%
56% 56%
•42% 43
*4,2
m
34
35
34% 34 %I
00
m
@0
m
15
15
15
15
*5 i
53
52% 52%
* ,*«.* 5 3
53
4% 4%
16% 1 0 % *10% 10**|
Ask.
Inactive stocks.
Jan.
Jau.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jau,
Jan.
JAB.
Jan,
Jan.
Jan.
Bid.
Prictt o f February 2.
Aak.f
Bonds.
Atlanta A Charlotte Both).100
. 83
Boston A Providence tBojtow) •' *'
,265 j
Camdea A Ataatte pf. U%Ua.\
r ,
Cxtawlssa................
.I " 6 ”
1st preferred........
•
•
ss
. 51%
Kt>-U|.: 6 .J A J |U . !
2d pref.tn eotu e,5 g , 1 9 5 8 ,Feb. 1
*d preferred...........
•
*
50
50%
N n x io t
o -e e p
ii'63%
Central OWo.............. (B a it) o v ! E : , 48%
Plain 4s...................... 1910, JAJ ** I 5 6 * 3<i pref. Income, 5 g, 1958, Feb. 1
2-1. 7*............................ 1933, AAO
Chart Cot A Augusta
•
•
100
Chic. Burl. A Nor. l.t 5,1926, AAO
1Vi**
Ccneol. tuort. 7s........ 1911, JAD
Cranes Mein A Pass. (Bottom.100 i 2 2 * i2 3
2d tnort.
........
to o
Consol, molt, 6 g........ 1911, JAi>
Coaneetleat River...
•
*
100 225
Debenture 6s............ 1«:>«, JAD
100
Im provem etitM .8 g., 1897. A AO
Delaware A Bound Br.iPAite.K100
.1922, FA A , 88
Flint A Per* M»r%, - fBoston,..100 12 } 15 ii C hte.Bori.A%ul: ny*. 1919, AAO } ....... I...... . ] Con. M.,5 g..*taiuped,1922.MAN
Iowa Division
94 ■iPhit. Read. A N. K. 4.s............1942
Preferred.......... .
•
• 100 3.*.
40
CUc.AW.M teh. gen. 5s, 1921, JA|>!} 75
80 : Incomes, series, a . . . . ...... . 1952
H*r.Potts.MtJorAL. iPMa.y. 50 S3
Consol, f Vertunnt,
JAJ
no :! Incom es, scries B ........ ........isiS2
®-gM ?y Ft- lUkMetn. uSosttm,. loo 12 1 20 ' Current oRiver, D t, 5 5*. 1913,AAO ! 89
s ..1927,
tit)
<!(
Phil. Wllm A B a lt, 4 a .1917, AAO
F tw m w ®
*****
**
■
Det, Lana-ANor'i) M .7«.1007,JA J
s o : PStU. a A. St. u . 7 s .... 1900, FA A
K- CUpr M«m< <k Blrm ,
«
a my *••**-* 1-^— T ii ■ M U r » 1st mart 6 g.. l » y « . M A«
T
u7
118% IVheajHrte Brld*», 6 d.*1939,FAA
Littia eMmyikin...... -pau« ). 50 65
M utebeater A Law.. (BostowMOCrt •*+#** »m »* |
m
* a a S M S t e | | a - as
» ^ « “ ^ 2
'? ' si* % 4 f t f e T B a s t e t
,8
V*Ktn*, “ -
Utolt.t 89
-r—
iPhUa.i. 50
> eaoneaoHlng Vat..»
§0
Northeni K. ft......... (RctenKlOC
North Pc-nC*; It ante. (PAlte.K 60.
Oregon 6hon Line. ..tBottmj .100
Psanaylvafiia A Si. W. UPhUa.) 59
RnU and...-....... ........ UtoMMO.lOo;
&**&&&£& 4k Ufmskkm.
10Q
iMadH I0©r
It I m l t t A K L 4
* JOl
LO
b . .t f.nd................... iBapomK
F re f«r re d ,„........... .
-
50;
69 i
54%
145
i&
7%
* 2%
Highest.
9,549
9% Jan.
12 % Jau. 6
50, -62% Jan.
1 Jan. 25
3j 67% Jan.
71 Jan. 26
5 125 Jan.
127 Jau. 26
* 108 Jan.
109% Jan. 4
I 15% Jan.
17% Jan. 18
200% Jan.
205 Jan. 23
1 182% Jan,
185 Jan. 22
i 126 Jan.
134% Jan. 25
11 Jan.
1 2 % J an. 3
46 Jan.
47 Jan. 9
73% Jan.
77% Jan. 25
54% Jau.
60% Jan. 22
17% Jan.
17% Jan. 23
•30 Jan,
•50 Jau. 3
2% Jan.
2% Jan. 16
72 Jan.
76% Jan. 25
33 Jan. X . : 01 Jan. 10
35
50 Jan. 27 51% Jan. 10
36% Jan. 3 39% Jan. 16
! 101 Jan. 16:105% Jan. 19
' x9ti% Jan. 6 103% Jan. 22
5% Jan.
Jan. 20
7% Jan.
14% Jan. 23
30 Jan.
41 Jan. 8
67 Jan.
67% Jan. 16
4 Jan.
5 Jau. 6
13% Jan.
10 Jan. 2
■170% Jan. 2 175% Jau. 12
48 Jan. 6 SO Jan. 18
21% Jan. 20' 23% Feb. I
- - - *> • Jan.
>'
P 96 Jan. 20
3071 39% Jan. 8 S > Jan. 22
70 :
55%
BltL Ask.
99 .........
1 1 3 % .........
101 .........
72% 7 2 m
34% 31%,
2 t% 25
19% 19%
........114%
120 % .........
120 .........
1 0 5 % .........
9 » % ........
. . . . . . j 50
“ 99%
1 1 2 % .........
i'W % i'0 *'
‘7
103
101
105
83%
Ivni:s.,liv.ASt.r,..L,;> 1926.AAO ! 85
6g.
Income 6 s ..._ ____ 1900, AAOi
_
Baltimore Belt, 1st, 5*. 1990, MAN'
'Baltimore A Ohio 4g., 1938, AAO
*Iexiran Central. 4 g. .. 1911, JAJ ! 52
52-s
15tie. A Conn,, 5 *...1925, F&A! ....
......... b o !j 1st cotoMiUscomes, 2 g, r.-ois-curn. ,* 10
11 , Staten Island, 2d, 5 g. 1926, JAJ: S*»
2d consol. Incomes. 3*. non-com ■
7
17% 4s
1 t. Y. A NJEng,, 1st. 7s,1905, JAJ •1108% 109 ; B *LAO U te8.W .,l»t.4% g.m oo,JA J: 101
C M «iF .A Y »il.,B er.A ..a*.l9l«. JA D : 65
J0 1 80
1st mort, 6*.............. 1.*05, JAJ 5101% jos
oerlea B., 6 g .............1916, JADi . ..
43% 55 i 2d rnors.
____ _ 1''02, F a a ;
>
Series G., 6 g .............1916, JAD| ...
a .* ...5^
.,c o n .e e ...m 2 0 A * o )'io j ....... O ut.O hio,4% g.. . . . ;;;m 3o : i i ; 15 s
i
w
*|
43% ,;*• *
«
- ......
... > •
a.
v
•;. ...
Mat. a . A Out,. 6*...... 1985, AAO 5102
: 97%
!
I To *
70
West Jersey................ (PbUa.). 60i
1 70
West Jersey * A ” aa.
**
»so:
Western Mary:. B I.. iBuil.). 50
w II®* O L4kA Umm%
&
m *
*
100:
TXT.......... 'i'on i'ir^ L ' ..................... Chtort.Col.AA.dg. 1st ? » . 1898, JAJ) 99 100“
WOm t M
Wmtton
*
*
tota &5 !tliC | • j^ **^ * “ ’ “ 8* .......... 1898*f a a
Oa.Car. A Xw. 1st 5
.............. <*».Car. A N «r. 1st 8 c . . 1929. J a J* 84 ) 85
1929. * j ! aa i
|
North, (t e a l,ll» ,..............tnoo, JA J' 1 1 ( ) % 1 1 1 %
W «mhaia Central... UBmtmt. J09j
5%
6%
Preferred.,..........
<
n>o!
,1 . ,
Os..................... ......... 1904, JAJ 112 %
/W ! 103% ......
fterica A, 5e................1926, .Jt-J1 --• 1
wore'*ANash.ARoc b. “
ux. i s o j125 \U
■
no .
—1925, AAQl 105K ,
ttmcaixasiAor*.
'I
it fe :,
Aliens* Siloing......... .Botiont ■
gsl ■87%' •30 ':c
Atlantic M in ing......
gjn
8
15
9
2
3
12
25
20
35
15
13
23
19
9
24
9
S S S S c i M S i l :% = ! S S ! p ^ S a S 3 ! S I s
■. .0% ,4,1, !. A l e n s •l
% 1
1
. h Cminjecting, 6 *.........liKKMM. MAS 1 1 , 4
l
VlrginUM I,!.. 1st 6 s ... 1906, MAR 112% 113%
2* 6*-n**s,6 a ,rr..T r:;:. 1• 11
•
n K m %
7%- 8% 1
>t»i. A B'4 isr'k, l»t, Ts.lsjos Faa
3.1 S eries, 6 * .......... ....1 9 1 6 , Ma s 104
Mmum
^*»«*..,***a
*
*
a« * 4 I. . . . . tisatrnh A Am. 1stM.Jrs. 1920,^AN
C«xn»«iiU#i M in in g ,.,
•*
H i
4ih s * r i « , 3-4*5s.......1921, Man ..........
3%
4
l amir. A Wllm., 1st, 6s .1910, JAJ
---3th Berios, 5s_____ _ j . o. * Afi yn
4
<
17
Fmt Wmyn® Eiectrict
*
*
%!
?•
3%
4% £last. A BFd Top, Con. 5s. o'j.AA*.
01
MMIm
«
<
gf
U ! 9% l Ahlgh Nav. *%«......... .1914,0— l}o g ’% ...... West Va C .A °. 1 st,6 g . l u l l , J A j ! l o o u i o i
J Jo*
wwm kwfm 9 &mr | /» 4
*
**
H
78
SO
3 ! 4 ■ 2*1 « # » » > I d ................. 1697, JAU- 106% ------ West**. V l* CoaaeL 6 » i l l , JAJ
JdinoU Steel
•
«
i a , 35 1 Zn [(•
Wllm, Col. A Aug., 6s.. 1910 JADi 112
Oeseral snort. *%s, g.lU24,0~F
Kmrmrm Mmlnr....
«
MlAfV.IJ.AXKOUS.
|
7 j 7% Lehub Valley, 1st 6a... 1898, J«D ! 10»%
Baltlnioftr—
City UallOs. 1f> , Q— i ..
00
j
ftiisr. 4. irkUa.)A(K
,
2 ‘! 7 s...............................1910, MAS 133
I Fandinge*.......................,1900.D -J
r
fCM t. 1©
m
,.
* ' 10ft
*
100 if Con.oil.ts............ .1923,JA D
.
Oweefa Mining......... M
i W « t Maryi’d R E . 0«..1S 02. JA.1 l f i %
‘i f? | 26% S
'
C «r ..
*
*
a0| 160% 130 fl SrihPenn. 1st, ?#....1896, MAN 107 " ib'a** > W ater $ »................... . 191H, MAN 120 % 120 %
L
Den. M. 7s.................. 1308, JAJ 122 ■
Funding 5s____ ___ 1916, MAN
M
'*fen«r|r M
i
a
«
2*
III
1l €
130%
Exchange 3%*.................. 1930,JAJ i % i o i %
J » jn »a n l
*
* or 158 '1 i'.o fl Vm iitsyivaniagen.U e, r..l!tl0 , Vnr * — t j i %_
io
OManl.Se, e
.......... li*05,Vrr l l * I-...... Virginia (State) 3s, new. 1932, .1AJ 70% 7t
Catted paw Impt. (PM 4........
5»%
j Onasol.fi*. r ..................1919, V.»r 112%!,
|QhM*peake Otte, 6 «....... I960, J AD 106 j .........
Water Power........... lBo-.-eoot.A90
IV
2 it Cotlat. Tr. 4% g ......... .1 9 1 3 ,J * n
:Consol, flu , « * ............1916. J 41' u a V m
w esttag. Elec. 1st pfd. f ft» tomt 50
121
... Assenting
■ 1_ m j 25% 46% I
■
} 5 s.................................... 1939,JJU
.I
99%, 106
S«%:>P.
105
iBenltal.ile
.......Ift'l.'t.AAI> 106 1103
City passenger RR...
*.*.!
1 ;
#
Bay State Oaa.............. iBottom). 5t
“ l- uli*t**L
5 And accrued latere*!.
) U&t price this Week,
THE CHRONICLE.
218
(VOL. L V I l f.
NKW vORK STOCK EXCHANGE PRICES «5ontInue«).-4p3!n?E BONDS FEB. 2 AND FOIi YEAR IS94.
Closing Range (sales) in 1894.
Price
Pcrinct Feb. 2.
Lowest.
Highest.
,L
M A N 103. b. 103 Jan. 105 Jan.
1 ll% b . 112 Jan. 1'i 3*£ Jan. ill
A m fr. Cotton Oil, deb.. Sg.1900; Q - F
97»4b. 95 Jan.
71 *2 Feb. I Pae, of Mo.— 1st, ex., 4 g.1938 F A A
|
67 Jan.
'
99% Jan.
A t.Top.A S.F.—100 yr.,-1 g . 1089 J & J i 71U
34% Feb. 1
2d extended 5s..............193* .1 A .1 103 b. 99 J an. 100 Jan.
31 >» Jau.
34%
2d 3-4s, g-, Cl. " A ” .......... 198!) A
32 .1an. 1 St.L.A Ir.Mt. lstex t.,5 s.l-S 9 7 F A A 100 b. 100% Feb. 103 Jan.
1
29 Jan.
Co!.Midland—Coils., 4 g.1910 F & | 30%
48% Jan. !
2d, 7 g ..............................1897 M A N 104 b. 102 J an. 105 Jau.
! 15 1 4 5 5s Jan.
).
A ll. A Fac.—Guar., 4 g — 193*?......
3% J an. |
j
2 %b.
2*2 Jan.
Cairo A rk.® T exas,7 g. l«9 7 J A I> 99 a.
W. D. income, 6 s .......... 1910.1 A ,1
Gen. B’y & land gr.,f> 2.1931 .V A O 7 3 ^ . 71 Jan.
74 Jan.
Brooklyn Kiev. 1st,G g ,...1921| A A O 103*3 100 Jan. 107 Jan. !!
9 5 ‘g Jan. ,j! lo b ile &. Ohio—New, " g .. 1927 J A I) 113% 1,11% Jan. 113% Feb.
94 Jau.
Union Elevated.—Gg — 1937JM & a i 95%
105% Jan. 108 Jan. !| General mortgage, 4s___1938 M A S 59
57% Jan.
59% Jan.
Canada Southern.- 1 s t 5S..1908J A J ; 108
2d, 5a................................ I m13|M A I ! 103% 102 Jan. 103% Jan, , fash. Cli. & St. L —1st, 7s. 1913 ,1 A .1 125 b. 125% Jan. 127% Jam34% Jan. 1 Consol., 5 g ........................1928
A O 100 b. 98 Jan. 102 Jam.
Cent. GH.-S.1 W .lsteoii.ns. 1929 ......... jt 32 b. 32 Jan.
&
Central o f N. J .-C o n s ., 7s. 1899 Q - J ! I U b. 112% Jan. 114 Jan. 1 f.Y.Ceiitral—Debt. ext.4s. 1905 M A N 102 l>, 101% Jan. 102% Jan.
1st, coupon, 7s................. 1903 J A .1 1245gb. 123 Jan. 125 Jam.
Consol., 7s........................1902..M A A i 120 b.
General m ortgage, 5 g ...l 9 f 7 J A. J | 112*8 11.0% Jan. 112*1 Feb. | Deben., os, coup., 1 8 8 4 .. 1904 M A S 108 %b. 107 Jan. 108% Jan.
N. Y. & HaGem, 7 s, rog 1900 M A N 118%b, 116% Jan. 118% Jan.
lodi-.V W .B.,eo)l.,7s, u 7 d . 1900 Q—: i 106%b. 105 Jau. 107 Jan,
95 b.
B. W. A* Ogd., consol., 5s. 1922 A A O 1 14%b. 113% Jan. 114% Jan.
o
mortgage 5s. 1912 M A K
Am. D ock A Im p.. 58 — 19211J A ■ 1 108%a*. 108% Jan. 109 Jam. | West Shore—Guar., 4 s ...2361 .1 A -I 102 b. 100% Jan. 103% Jan.
[
98 %b. 97% Jan.
98% Feb.
CenU’al Pacdle—Gold, 6s.. 1*98 J A J 104%b. 103*4 Jan. 105 Feb. 'll 4. T . Clue. & St. L . - 4 g . ... 1937 A A 0
cues. A Obio—Mort., G g .. .1911 A A 1 115%b. 115*2 Jan. 116 Jan. j| f. Y. Elevated— ,8.............. 1906 .1 A ,J 11 0 % 109% Jan. 110% Jan.
i 105
l o i % Jan. 105 Feb. If. Y. Lack. & W.—1st, 6 s .. 1921 J A .1 128%b. 127% Jan. 128% Feb.
1st consol., 5 g .................1939 M &
'
72 Jan.
75*8 Feb. ! Construction, 58........
1923 F A A! 110 b. 110 Feb. 112% Jan.
j 75%
General 4*as,g.................1992 M &
87 Feb. ill f.Y.L.E.&W .—1st,con.,7 g. 1920 M A Si 134 a. 131% Jan. 133% Jan.
86%
84 Jan.
E .& A .B lv ,. ls te o n .,4 g .l9 8 fl J & 3
84% J an. 1 2d consol., 6 g...................1969’ J A D 76)2
74% Jan.
78% Jan.
78% Jan.
•
*
2d eon., 4 g . . 1989 .1 a 3 1 79%
99 Jan. ; Long Dock, consol. 6 g —1935 A A O, 125 b. 126 Jan. 126 Jam
98 b. 96 Jan.
KUz. Lex. & B lgS an.-5g.1902 M &
82% Jan.
Chic. B u rl.& Q .—Con., 7s.l0O3iJ A , ! 120% 119 Jan. 120*® Jan. j: f. Y. Out. & W.—Ref. -Is. g. 1992 M A S! 84
84 Jan.
98*4 Feb. : Consol., 1st, 5 g ................1939 J A I ) 1 108 % 107 Jan. 108% Jan.
97% Jan.
4
Debenture, Os..................1913IM& A 1 98 >
<
103% 101% Jan. 103**4 Feb. i 5.
Y.Sus. A W .—1st ref., J g. 1937105 >* 104% Jan. 105% Jan5 A .1
Convertible 5 s................ 1903.M A
j 90 b.
Midland o f N. .T., f> g.......1910 A A O '1 1 6 b. 117 Jan. 11 7% Jan.
D enver I>1vision. 4s....... 1922 1 A
87 Jan.
Vorf. & w .—10"-year, 5 g.1990 J A .1 71*4b
Nebraska Extension, 48.1927 01 A ! 87 fab. 85*2 Jan.
117*3 115% Jan. 117% Feb. (j Md.&Wash. D lv .-ls t, 5g. 1911 J A J 85
Han. A si. .1o s.-C o n s, Os 1911 !M A
(3
114% 111% Jan. 114% Eel). 1 forth. Pae.—1st, coup., 6 g . 1921 J A J 1 1 0 % 105% Jan. I l l
Chic. A E. XU.—1st,s.f.,6a. 1907 .1 &
Jan.
! 120
118% Jan. 120 Jau. i General, 2d, coun., 6 g ...l!)3 3 A A O 84
Consol, , 6 k ......................1934 A A
78 % Jan.
85 Jan.
99 Jan. J General, 3d, coup., 6 g ...l9 3 7 .1 A D
9734 Jan.
98%
General consol., 1st, 5 s ..1937|M A X
59%
52% Jan.
60% Jan.
98 .1an. j Consol, m ortgage, 5 g.. 1989 .r a d
28%
Chicago A Erie—1st, 5 g . .. 1982 II A 5 ; 96 b. 95% Jan.
26% Jan.
30% Jan.
35 Jan. | Col. trust gold notes, 6?.1S98 M A N
34 b. 31% Jan.
Incom e, 5s........................19-21 Oct.
87 Jan. j Chic. & N /P a c., 1st, 5 g .19 10 A A O 47%
85 Feb.
! 85
43 Jan.
Chic. G a s I i& C .—1st, 5 g ..l9 3 7 J A .1
48% Jan.
Ohio. Mil. & St. P.—Con. 7 s .1905 -I A- J j 126 b. 127 Jan. 127 Jan. II SeattleL. S.& E .-lst,gu.6.1931 F A A f 41 b. {4 0 Jan. t4 5 Jan1st, Southwest Div., G s..l909jJ A J j l l l % b . 112 Jan. 113 Jan.
forth. Pae. & Jlon.—6 g_..1938 M A S 31 b. 31 Jan.
32 Jan.
96
111% Jan. 113*2 Jan.
1st, So. Minn. Div., G s... 1910 -1 A .1 I 113
forth. Pae. Ter. Co.—6 g -1 9 3 3 J A J
95 Jan.
96 Jan.
iiiio AM iss.—Cons. s.f. ,7s. 1898 J A J 107%b. 106 Jan. 106 .Tan.
lst.ch .A P u e .W . D iv.,5s.1921 .1 A ,J 1 107Lab. 107 Jam. 108 Jam.
Consol., 7 s ........................1898 J A J 107%b. 106 Jam. 107 Jan.
Cliii'. A Mo. Kiv. Div. ,5s. 19261J & J 1*101 b. 101*2 Jan. 102% Jan.
92%
Wise. A Minn. Div., 5 g. ..1921,1 A J 10o*2b. 104 Jan. 105 Jan.
lliio Southern—1st, 6 g ....l9 2 1 J A D
92% Feb.
94% Jan.
Terminal, 5 g .................. I 9 l 4 ‘.l & J 106 b. 106 Jan. 106 Jan. ; General m ortgage, 4 g ...l9 2 1 M A N 42 b. 48% Jan.
48% Jan.
90%
90*2 Jan.
50 a.
90 Jan.
Gen. M.. 4 g., series A . . .19891J A J
J A J
Imaha A St. Louis— 4 g .,.1 9 3 7
M il.& N or.—1st. con.,6s. 1 * J A 1 114%a. 112% Jan. 114 Jan.
1.
95 %b. 92% Jan.
Jregon Im pr. Co.—1st, 6 g. 1010 J A D
97% Jan.
Chic. & N. W.—Consol., 7s. 19 <H Q—P 138 b. 138 Jan. 139% Jan.
Consol., 5 g ........ .............. 1939 A A O 49%
46 Jan.
51% Jan.
122*4 121*2 Jan. 122% Jan
Coupon, gold, 7s..............1902 J A I
Ire. R.& Nav. Co.—1st, 6 g. 1909 J A J 108
104% Jan. 108% Jan.
115 b. 116 Jan. 116 Jan.
Consol., 5. g........................ 1925 J A D
66 b. 60 Jan.
66 Jan.
S inking fund, s...............19291A A € 108*2 107% Jan. 109 Jan.
MA N
Sinking fund dehen., 5s.. 1933 M & IS "106 b. 106*4 Jan. 109 Jan.
f’enn. Co.—4 % g ., coupon.. 1921 J A J 106% 106 Jan. 106% Jan.
25-year debenture, 5 s— 1909 M A is 105*2b. 104 Jan. 108 Jan.
3eo. Dec. ArEvansv.—6 g . . 1920 J A J 73 b. 74 Jam.
80 J an.
97 Jan.
Extension, 4 s . . . . . . . . . . . . 192t. P & 9 ' 97 b. 97 Jan.
Evansville Div., 6 g........1920 M A S 74 b. 74% Feb.
75 Jan.
CUJe. Peo.&St. Louis—5 g..192 - M A t
.
2d m ortgage, 5 g .............. 1926 M A N 24
19 Jan.
25 Jam.
123 Jan. 125 Jan. j idiila. & Read.—Gen., 4 g .. 1958 J A J
Cliic.K.I.A Pac.—Gs,coup.1917 4 & J 125
72%
67% Jan.
72% Feb.
97% Jan.
99% Feb, j 1st pref. incom e, 5 g .......1958
Extension and eol., 5s... 1934 J A J 995s
34%
31 Jan.
35 Feb94%
92*4 J an.
94% Feb. | 2*< pref. income, 5 g........1958
30-ye ir debenture, 5S...1921 M A f
24%
19% Jan.
24% Feb.
Chic. St. P. M. & O.-Gs.. - -1930 J & 1>*122 b. 119% Jan. 122% Jan. I 3d pref. incom e, 5 g........1958
19%
16% Jan.
20 J an.
Cleveland & Canton—
os... 1917 ■ A J * 80 b. 80 Jan. 84 J am. j ^ittsLurg & W estern—4 g.1917 J A J 84
)
83 Jan.
84 Jan.
0. C. O. & I.—Consol., 7 g. 19.14 J A L *126%b. 114 Jan. 114 Jan. Jiclx. & Danv.—Con., 6 g . . 1915 J A J 109 b. 106% Jan. 108% Jan.
General consol., « g ....... 1934 J A J 117*2 117 Jan. 119 Jan. i Consol., 5 g ........................1936 A A O t 66 b. t65 Jan. 167 Jan.
72 Jan.
73 Jan.
C.C.C.& StL. -P eo.& R .,-ls. 1940! -V & C 73
iicli.&W.P.Ter. Trust,6 g . 1897 F A A t 44 b. 140 Jan. {4 6% Jan.
15*3b. 15 Jan.
Incom e, 4s.........................1990’ April.
15% Jan.
Con. 1st & col. trust, 5 g ..l9 1 4 M A S t 18 %b. f 18 Jan. {1 9 % Jan.
Col. Coal A Iron—6 g ........ 1900; F A J
95 b. 95 Jan.
97 Jan.
J A J
69%
68% Jan.
70 Jan,
89 b. 86% Jan.
90 Jan.
M A N 69 < 66 Jan.
66% Jan.
89 b. 87 Jan.
90 Jan. : 5t. L. & San Fr.—6 g., Cl.~B. 1906 M A N 107 %b. 101 Jan. 107% Feb.
113*41).
6 g., Class C . . . ................. 1906 M A' 1T 107% 101 Jan. 107% F eb.
S
77%
1st consol., 4 g ................ 19361-1 A J
75 "Jail.
77% Jan. i General m ortgage, 6 g . .1931 J A J 90 ;
82 Jau.
90 Jan.
D et.B . City A A lpena—Gg.1913 .1 A J
>t. L. So. West.—1st, 4s, g .1 9 ^9 M A iS 58%
T
55% Jan.
58% Jan.
Det. Mac. A M.—Ld. grants. 19111A A C 25
23 Jan.
25 Feb.
2d, 4s, g., incom e.........1.1989 J A J
19%
16% Jan.
20 Jan.
Dui. So. Sb. A A tl—5 g ___ 19 (7,J A .]
96*aa. 96 Jan.
96% Jan.
>t.P. M.&M.—Dalt. E x.,6g. 1910 M A 1T 115 %b. 115% Jan. 115% Jan.
S
E. Term. V.AGa. Con.,5 g . 1956 Mi A 5
88 b. 86% Jan.
93 Jan. j 1st consol., 6 g .................. 1933 J A J 1 1 5 ® ). 115 Jan. 116% Jan.
K noxville & Ohio, 6 g ... 1925 J A J 98 b. 96 Jau.
96*2 Jan.
“
reduced to 4 1 g ___ J A J
2
97 b. 97% Jam.
99% Jan.
74*8
Ft. W. & Denv. City—6 g . .. 1921A A 1
66 Jan.
74% Feb.
M ontana Extension, 4 g.1937 J A D 84%b, 84 Jan.
85 F eb.
90 b. 90*4 Jan.
Gal.H.&SttnAn.-M .&P.D.lst,5g M & S
91 Jan. ; 5an A n t.& A .P .—1st, i g.,gu.,’43 J A J
55
50% Jan.
56 Jan.
Gen. Electric, del). 5s, g .,.1 9 2 2 J A I
7134b. 68 Jan.
73% Jan. i Jec’ty Corp.(N.Cord.) lstcon.Os. M A N
H ou s.& T .C e n t..g e n .4 s,g .1921 A & C
63
60 Jan.
63 Jan.
>o. Car.—1st,6 g., ex coup. 1920
108
108 Feb. 10S Feb.
TOtnois Central—4 g .......... 1952 A & C 101 a. ............. ......
>o. Pacific, A r iz —6 g . .1909-10 J A J
90
92 Jan.
94% Janlilt. & Gt. N o r —1st, 6 g .. .1919 M & 5 110*2 110 .Jan. I l l Jan.
>o. Pacific, Cal.—6 g ....19.>5-12 A A O 107
2d 4-58.............................. 1909 M A (
64 b. 63 Jau.
64 Jan.
1st, cousol., go d, 5 g . . 1.1938 L A O
88
88 Jan.
88 Jan
Iow a Central—1st, 5 g .......193s J & L
87*2b. 86 Jan.
88 Jan.
J A J
97
95% Jan.
98 Jan.
Kings Co. E lev.—1st, 5 g -.1 925 J & J " 79*2b. 79 Jan.
80 Jan.
lenn.C. f.& R y.—Ten. D., 1st, 6g A A O 77
75 Jan.
7 7 Jan.
Laclede Ua — 1st, 5 g .........1919 Q—F
84
81 Jan.
85 Jan. j Birmingham D iv., 6 g .... 1917 J A J 78
77 Jam
80 Jan.
Lake Erie A West.—5 g . . . . 1937 J A J 113 b. 110% Jan. 111 Jan. irlexas & Pacific—1st, 5 g .. 2000 J A D
78%
72% Jan,
78% Feb.
L. Shore—Con. cp., 1st, 7s..1900 .1 A J 119 b. 118 Jan. 119 Jan.
2d, incom e, 5 g.................2000 March
17% Jan.
23%
23% Jam.
Consol, coup., 2d, 7s.......1903 J A 1 123*2 122 Jan. 123% Jan. 1 ?ol. A nn Ar. & N. M.—6 g.1924 M A N
Long Island— I ft c o n .,6 g . 1931 Q—J l l l % b . 113 Jan. 114 Jan.
loledo & Ohio Cent.—5 g.. l935 J A J 105% 104 Jan. 105% Jam.
General mortgage, 4 g ... 1938 J A I
94
93% Feb.
96 Jan.
loledoPeo. & West.—4 g .. L91~ J A J
b.
79 Jam.
Louis. A Nash.—Cons., 7 s ..l-9 s A A C 110%b. 110 Jan. I l l Jan. ! ?ol. St. L. & Kan. C.—6 g . . 1916 J A D 79 %b. 78% Jau.
58
58% Jan.
60 Jam.
N. O. & Mobile, 1st, 6 g .. 1930 J A .) 114 b. 112% Jan. 115% Jan.
J A J 106 b. 105 Jan. 106% Feb.
“
“
2d, f i g .. 1930 J A J 101 a. 97 Jan.
97 Jan. . E xt. sinking fund, 8s___1899 M A S
99%b. 95% Jan. 100 Jam.
General, fi g .................- .1 9 3 0 J A L 118%b. 109% Jan. 1125s Feb.
Collateral trust, 4 ^ ........1918 M A N
47 b.
J an.
49 Jan.
Unified, 4 g....................... 1940.1 a J
74 b. 72% Jan.
75 Feb.
Gold 6s, col. trust notes. 1894 F A A
82 Jan.
89
89 Feb.
N asli.F l.& S b.-lst,gtd.,5ff.’ 37 F A A 95 a.
Kan. Pac.-D en. Div., 6 g. 1899 M A N 106% 101 Jan. 107% Jam.
Kentucky Central—1 g .. 1987 J A J
84
82 Jau.
84 Feb.
1st consol., 6 g ............. 1919 M A N 88
82 Jan.
88 Feb.
Louis.N . A. A C h — 1st, bs.1910 J A J 108*ab. 108 Jan. 108 Jan.
Oregon Short Line—6 g .. 19 _2 F A A
88
75 Jan.
88 Feb.
Consol., 6 g ......................1916 A A C
95
93 Jan.
95% Jan.
Or.S.L.&UtTiN.—Con.og. 1919 A A O 54%b. 48 Jan.
51% Feb.
Louis. St, L. & Texas—6 g.1917 F A A
50 b. 55% Jan.
57 Jan. ! U.P. Den.& Gulf, con., 5 g. 1939 J A D 46
42 Jan.
46 Jan.
Metro. Elevated— 1st, 6 g-19u8 J A .1 11734 116 Jan. 118 Jan.
Virginia Mid.—Gen. M., os. 1936 M A N 71 b. 70 Jan.
71 Jan.
. 2 d , 6a................................ 18*9 M A N
107% 107 Jan. 108 Jan.
“
stamped g u a r..
72 Jan.
Mich. Cent, -1 st, cons., 78.19021 M A N 123% 122*8 Jan. 123% Jan. p 7abash—1 st, .5 g ............. 1.939 M A N : 71%b. 72 Jan.
M A N 103% 102 Jan. 103% Jan.
106 b.
2d m ortgage, 5 g ............. 1939 B A A
1
73%
72% Jan.
76% Jan.
126
124 Jan. 126 .Tan.
Debent. M., series B ....... 1939 J A J
25 a.
E xten. & Im p., 5 g ..........19 '9 p a
105 b. 106 Jan.
Vest. N. Y, & ea.—1st, 5 g.193? J A J 100 a. 98% Jan, 100% Jan.
Mo. K. & E.—1st 5s, g., gn.1942
81*4
80 Jau.
82 Jau.
2d m ortgage....................192 A A O 20%b. 19% Jan.
22 Jam.
7934
M, if. & Texas—1st,4s, g . . 3 990
78 Jan.
80 Jan. ! Vest, Un. Tel.—Col. tr., 5s. 1938 J A J 103 %b. 103 Jau. 104% Jan.
2d, 4s, g . ...........................1990
43%
43% Feb.
47% Jan.
Vise. Cent. Co.—1st, 5 g\..193? J A J
64%a. 65 Jan.
65 Jan.
Mo. F ac.—1st, eon., l i e , . . .1920 M A N 90 b. 87 .Jan.
87 Jan, | Incom e, 5 g .....................1937
13 %a
N ote —“ b” Indicates price b id ;
“ a” T ™ 0 askca ’ the Range is made up from actual sales only, * L atest price this week, t Trust receipts.
Closing iRange (sales) in 1894,
RAII.KOAO and Mis CBl . B onds . ' B‘ *r '
Feb. 2.
Lowest,
j Highest,
j
R.ulkoad AN M E BONDS 1liter’ t
D TSC J.-
YORK. STOCK EXCHANGE PRICES—( C o n t in u e d INACTIVE BONDS—FEBRUARY '2
B E C T js m m
Bid.
Ask,
Railroad Bonds.
(Stock exchange P rica .)
A labam a Mid.—1st, g „ guar..1928
90
A . T. & S. F.— 2d, 48, Class £ .1 9 8 9
Col, Mid. 1st, r.,6 s ............... 1936
Atlantic & Dan, .--1st s., 6a..1917
A tl.A Pae.—2d W. D.,gu. 6 s..1907
Balt. & Ohio—1st, 6s, Park B .1919 113
6s, g o 'd .................................1925
112%
* Mo petoa i n -ia v ; these are the latest <
SECURITIES.
Bid.
Ask.
B. &O.— Ians, mort., g old ,os.l9 8 8
W. Va. & Pitts.—1st, a,, 5a..1990
B. & 0 . 8. W „ 1st, g „ 4 h .s-.1 9 9 0
Monon. River, 1st g.,g. 5 a ...1919
CenFl Obio Reor.—1st, 4*ss.l930 1 0 2 '' l o o ’ "
Ak.&Ch. June.—1st,g,5s,gu.1930
Boat, H. Tun. & W.—Deb. 5 s .1913
Brooklyn Elevated—2d, 3-.5s.1915
Bmnsw ck & Wn—1st, g. 4s, 1938
«ofl Po h. & Pitts.—G en .,58.1937
93*2 — —
SECURITIES.
B .R .& P.—Rook.
!>,, 1st, 6 s. 1921
Roeh. & Pitts.—Cons. 1st, 68.1922
Burl Oed. Rap. & N o.—lst,5s,1 906
Conaol. & eollat. trust, 5 s ...1934
Minn. & St. L.—1st, 7s, g u ..l9 2 7
Iow a C, & West.—1st, 7s___1909
Ced. Rap. I, F, & N „ 1st, Ss.1920
C.Ohio—Coi. C in.M .lst,4 *
03.1939
Rent. R R , * Lank.—Col. g.5s. 1937
Bid.
Ask.
119*4
116 i i ‘7 "
103 103%
94
*92
115
100
90
95
85
......... *90“
THE CHRONICLE.
F ebr Ca s y 3, 1894.j
2L9
NEW YOKE STOCK EXCHANGHS F a iC E s.-A Y J .C r/F i? BOXDS —{ContinuedJ—F E B R U A R Y 2.
Bid.
Auk.
Bid.
SECURITIES.
Bid. Ask.
Northern Paeiflc—( Continued.)
HelenaABedM’n—1st, g., 6s. 1937
Central Paeidc—(fold bde.6e, 1895' 103 ....... • K v .& R ich —la* gen.5s.g.gu.l931|
Duluth AATanltoba—1st. g.6sl936 61
100%
Dul.AMan Dak.Dlr.—lstOs. 1937 61
Bold bonds, 6*....................1996
103 ....... Brace & Indian.—1st, eons..1926!
114%:: Cceur d’Alene—1st, 6s, gold. 1916
Sold bonds, 6s___ _______ 199? 103%......... Flint* P, Marq.—Mort., 6e...l920!*
95
Gen. 1st, g., 6s..................1933
Ben Joauoia Br., 6s............ 1900 ........ 107
let con. gold. 5s..................19397
96 I Cent. Washington—lst,g.,6s,1933
Mart, g old S e ......................... 1939 .........
.. .
Purr H u r o n -:* ).
............ 1939’
Norfolk & souti;'B—l.-t, 5s,g.1941 99%
Land gran?, os, e................ 1900 •....... 100% Fla. Ceo * Pen.—1st g. 5a....1918 .
;Norfolk * West.—General, 6s. 1931 116 124
C * 0. Div., err., g. 5® ....1918 ................. . 1st con. *., 5 * .....................1913 .
60
New River, 1st, 6 s.............. 1932 106
c
..7
• :I
U- , t
U
,V
, - - s ss..l!)2Imp. 4 Ext,, 6s....................1934
Na. Railway (CaD -lst, 68.11*07
......... Sal. Bar. A San Am.-1st, 6a. 1910;
Adiusttnent M., 7s.............. 1924
50-year to........................ 193s 90 ......... OauH. *8 . A.—2d mort.. 7*.. 1905
SO i Equipment, 5s.....................1908
Cxe«. * 0 . —Pur. M.fund,63.1898
196 108% U a.C ar.*-S,.r.-nt,cn.5s.g.1929 •78
* Clinch Val. 1st 5s.............. 1957 *S2
6e, gold, eenee A ................ 1908 117 ....... , Ga. So. * Flu-1 st, g. 6s.........1927
t Boanoke&So.—1st,go. 5s, g.1922 •73
Craig Valley—
1st, g.,
................. : G r « d B a > 4 In i-G en , 5s.. 1924
20
Seloto Val. A N. E.-lst.4s,.l990 74
Warm Spr. VaL. 1st, g. 5s..1911 ................. O. B. W. *St. P .-24 Inc. tr. rect*. 15
74
Cons, gold 5s.... 1937 113
...... Ohio A Miss—2d consol. 7s... 1911'
Ches.O.&So .West— 1st 6s, g.1911, 103 106 HOttSMonle—
N Haven&Derby, Cona.5s..l918 112 % ......
Spriug.Div.—1st 7s.............1905
50
2d, 6 s........................... . -.1911
...... . General 5s........................... 1932
Hon*. AT. a -W a co & X. 7s.. 1903 103
Ok. V .~ aen .e® # .l*l«n .# .5 «.X »3 i ....
1st #., as flat, gtd).............. 1937 •103
...... Ohio River BB.—1st. 5s......... 1936
Chicago & A lto n -8 . F.. 6 s. . . . 1903 *112
....... !i
Gen. g., 3 s .............................. 1937
Cons. g. 6s tint. «d>..........19X2 101
Lon!*. * Mo. Biter—1st, Ts.lUOO 110
...... Oregon * Califor.—1st, 5s, g. 1927 ‘ 78
Debent. 6s, prim A lot. gtd.1897
2d, 7s..................................... 1900 110
..
...... ! Oreg. RyA.Nav.-Col.tr. e..5s,1919 45
8 1 L. Jacks, * Oitie.—let,'7s. 1594 1027, 503% Detent. 4s, prim A int. gtd.1897 •82
50
Pan. Slnk.F’d Stthsldy—Se, g. 1910
Mlas.R. Bridge—1st.». f.. 6s 1912 104 ........ Illinois Central—1st, g„ 4 s ... 19-51 104
94
1st, gold, 3 %s..................... 1951
96% Penn.-P.C.C4SEL.Cn.K.4%eA1940 10 0% i 'o "
Ode. Burl. A N or.-l*t,6e....l926 102%
T
Cairo Bridge—4s................. 1950
Do
do
Series B........ 101 102
D eben tu res*......................... 1996 .........
Spring?. 04V.—Coup., 6s_ 1898 104%
_
P.C.4S.I*-ist,o.,7s.............. 1900 116% 117%
Ohio. Barling. A Q,~5s.». J..1901 104
Middle Dir.—Keg.. 5s.........1921 111
Pitts. Ft. W. A C.—1st, 7s...1912
Iowa Div.-Stnk. fund, 5e -1919 106
136
2d, 7 s .............................. 1912
C. St. if. A S . O.—
Ten.L, 7a. 1897
Sinking land, is ..............,1919 93%
3d. 7s................................ 1912 127 131
1st, consol., 7*........
1897 u o '
Plain. 4%..............................1921 *84
s6
2d, 6*................................1907
Okie & Indiana Coal—1st 5*. 1936 ....... t'100
Ch.St-L.AP.—1st,eon.S*,g... 1932
Sold. 3s, cannon.............. 1951 111
Oisv. 4 P.—
Coes., s. M.. 7a. 1900 114
aw. mu. a h-.. p . - nt.-s,p.i> i sss 114 % ....
Gen. 4%s.
“ A" ............1942
Moaip. Div,, 1st g. ,4s.....1 951 •95
90
2 d ,7 3-108, P. D .....................1809 116
US
100 101
122 123
1st. 7«, $
B. D .....................1902 D ab,48.tt~ 2dD iv.,7s..,1894 . .
s y : T ; : fc. -.H.-lst,6s.,7e.l|9|j *107
T
...
...
Cod.FallsAMlun.—1st,7s.. 1907: *85
let, 1 .4 M .?* .................... 1897 113 117
106
103 109
1st. 1. A D.,7*...................5 899 117 118% ind. D. A 8pr.—1st 7s, or. cp. 1906 ......
101
le t ,C. 4 M*. 7*...................... 1903 123 124 , jlua.IJ.
.—1st 5*. g..tr.reeT.1047
122%
UtjC. M..
1908 123 124 Ind.D.4W. -1st3-. g..tr.ree.. 194 1 .
Peo.4B,~ln«l.B,*W.-l»t,pf.7s.l900 111 113
let, I. AT>,Extension,7 ... 1908 423 134 I 21 3
*
:
t * , »,gold,mist receipt*.. 1048 .
;
Ohio (nd.AW.-Ut pr,*r.5*.. 1939
let, L aC . A D a v .,5 s ...........IS I», 101 •
......... ■ Ine. M, bonds, trust receipt* . . . .
Peons 4 iVk Union—1st, 6s.1921 i'i'6%
1st. a. * D.r 7 s....................1910 121%. 124
ind. 111*. * Iowa." 1 s t , g. 4s. 1939
79
Si
■ 2d inortg., 4%-...........
1921
.... Int.au.S'n-HMD.g.............. 1919
let,B . * 1)., 3s................. 1910UI03
64%
Pl«a, c:..!,-.
IT
»;.-.i -i, i.u... 19-22 l , ! 116%
Chicago A PavUte D i r . , 6 - . . l » l o 117 -------- K isig»C o.-F .E L lst,o,g ,gn,A.lj>S9 "in " ‘W
99 Puts. * J„ Er.-'.M g. 5s. "A ". 1928
Mineral Point Dtv. 5«........ 1910 ’ 102 102% Bake Erie 4 West.—2d r.. 3s. 1941
98
*
Pitts. Me. K. 4 Y.—1st 6 s.... 1932
............... Lake Shore A Mleh. Southern -4 * L Slip, lnv„ 3».......... 1921
Fargo * South., 6s, A m u .. . 1924 111% 120 ; & * & - * » « 7 «.............. ...1 8 9 8 U S f .,...1 Pit**, Fkfasr. 4
5s ..1816
UA, ■
, u
Del. Id A T. - 1- 7a.......... 1;»’< 12s ........ Pitt*.Shea.4 UK.—lst.g.,5* 1940
«
D a k o ta * (it. S o o t h . , .1916,’ .........UOt i la k e d b o r o —D ir.b o n d *.7 a .I M>» 113 I....... : PltUl. A W--t -M . '.s. g 1*81-1941
83
107 >
MB 4 Bor. main tine—Be... 191W 113% ......
KaL AH.4CJ. R -ls s
....... IfPttt*.Y’gat’n&A—1st. 3s,eon.l927
Jhlc.4N.W.-30yeardeb.3s. 10'2l 107 ......
Mah.m g COal KK.-UI, 3* 1934 109 !........ Prv*. 4 Art*. Cntt— 1st, 6s, g.1916
Eecanaua 4 1. 8. 1st, 6*.... tool lo « ....... Lahl*bV.,N.Y.—1st ru.g.4%e. 1910 m too
2d income tie..................... 1916
u
g.l 9tt , l<>3 ....... Rich. 4 Uauv.—DebeimireO-. 1 2
%
:* 7
SM M. 4 Mlaa.—1 7
st. e___UW~; I 2 , ....... U-lo.-hVMefit.--Ut
90
i liobt. Car,4 West.—l t * k, 1
Iowa Midland—lo t, 8«.........lu o o ......... |......... lit«b f.C a r^ k Watt-—l ee 6 t ,g .1916 ........ 95
Eoulp.•M. #. f , g.. 5 *............ 1909
,* 4 *i * *
*M
l-on* Island—let. 7 e ............... 189* l l l % l
-1st, oonr., 7».. 1»99
Ati. A Char.—let, pret, 7a.. l «»7
CStie. 4 Milwaukee -1 s t.7s 1-'-- \to
» .Y . 4 K'way U .-ls i.t .3*.19-2T 'lo o
do.
taco me, 8s— 1900
Win, * » t . P ,-‘. M ,7«........1907 'WH
2d mart*., tor...... ........... 1927 37%? Sri
' 1 ,7 u i m v . ., i ■ J t ’ 50
>
S .V .4 M . n.
! • 7*. u .7
B loQ r. June.
MU. 4 M ad.-Ut, 6- ...........1905 111‘t
98
’•-let. go., g-, 5s, 19564
l./*.i
. i. - l s i . g
•.<
S V li
,»« 1 0 3 3 1 •.........lo o * .% KRto l.teii.lr-nBo.—let, ..5 s* .11*40
Ott. C. r -4 B L P.—lat, 3s.-1909 106% 109
Bottbera ill,—1st, 5e....... 1910 l(M% ....
WBbkRBAMtWBauk—lst-tfiLl9! 1 n o ....... """ Jo*. 4 Ot. U —Sdlae........192.5
.........
...... '
tU. '
......Kan. C. 4 Onialu,—1st, s*. .1927
AftJU—Con, .U‘vg.3*. 1939, *___ .1 83
i*t. a*............................. io n 102 ■
ait-EAP. D.M.& F,D. US4/U905
42% 12% « t L. A. 4 l.U 2d prtif. 7s.. 1894 10 0 % ioT%
......, ls>ai*.Ev»«*,*8!. 1-- »>n.5».193s*
ut, a % » „........................1903
..................—
■ 2d m. inr. 7e....................... 1*94 lo 2
Extension, 4a..................1805
* ___CertE Br. 7s............................... 1807 ........ I l l : Dividend bond*..................1894
keokuk A W M ,~l*t,8a..ll«3
ea
,........
E. 11. 4 Nash. -U t « -. *....1919 ..................
BeUev.4 8o.H l.-le t , S s .,.i 8thi
112
Cblcago 4 8 t E oai*-l ,E 6«. 11*13 1>;*»%........
Prsiseebia D S ' . . t,...1 9 2 0 itel .......
Brilev. 4 Car.—1st, O
e........ 1923
UU0.SEP.4 M d .—let,6*. .,1916 *u\»
u
84. LuulsUtvi»'.<,.n, 1st, 6*.,,.1821! ....... .......
Chl.8tL.4Pwl.-l»t.gd.g.5*lin7 100
8*- Paul A S. ^ .- I » t . 6e.......1819 iv.v ;*«*>
C
120
^ 2d,
. . . . . . . . .^
.........
8 t Luuie So,—1st, git. g. 4 » . l .....
#«** .................... . .• , . ..1 9 * 0
-1st, ml. «■ 4s.i»3t 80
BE Cvm rxfs,
SECURITIES.
103
O. B. & B.—
Cbat.R. AC. .gulp. 1937 ................. K.4T.H.—H I Vernon 1st 6a .1923 '
(Jam. of S. J.—Cost. deb.. 6s. 1908 .................
sal. Co. Br. lst,*.,s*........ 1930
Chic. 4 W. Ind.—1st. *. E ,6*.11*19 ......... ,.........
2d itH -m ir,5«.lH 3t
do
Mwinr. * lM C bB tr-let,7*..akM > t i l
.........1932 113
......
8.
* » . Alu........... 1**10 *........ 108
GW. AffiUkWt U t g. 4 * ....1 9 3 2 I I
2—
d u o. 4 Went 3licli.—
be......... 10211 ....... ....... ■ 10-40, gold, 6 s ......................1924 97% ...... 8t. L A S . P.~2d 6s, g.„ e l A. 1908 107% 107%
« t o T ft n i. 4 D .- C o n .». f., 7 e .l0 o v l i e
........ i 30-rear 5»,
Equip.. 7 s ..........................1885
..1997....BOO
•drfoid,«%»................ '....loan 1
Pens. 4 A t . - l - t . i ; , , g o l d ...u * 2 t - o o - .........• General 5s........................... 1B31 •*75*
Cln. D .A ifn -Ist.gu. 3s.g.l»4i! 04
Collet, trust, 5s, g ............. 1931 *»7 ........| lit. trust, gold, 3s...............1987
W
Oev. Ak. A Coi - E,,. ,4 *,!
ly-i.., 8,
IgmJl.AniMlBSt—
s.4en.in.«.3e.l940 80 j 87% Consol guar., is ................. Hint) *46*
ttC.<X 48L L.,Cairo tUv,-4s, 49:49; ....
Maubattan By - 0 >u». 4s......1900 24%. 93 . Kan. City 4 1 s t , 6*.
kklnu.D1j.r -laiaoLu'U*.4. IBM.: ......
M-snilt. * • « ! . .<.*!.»« ii
. i ,g l 9 .i t
H 8. A V. B. B*.-Ist-tis .1910
HimjpJ 4.Ctb»rh—6«, gold 193-4 ‘,i
sl
Hi ■ Kansas Midland -1st, 4», g. 1937
m
t e s u
s B
..
1st eon. Venn Urn. 7 »............... l'.*13 *110
8t. Pant A Duluth—1st,5*.... 1931 n o
84
Me Mean Cent, Ce««B—4s, *.1911: ......
| M mortgage 6 * .............. 19 17 103
a
ia s is
*» ”
■81 Patti Minn A M,—let,7*.,1909 103*4
let. cons. Income 3a, g ....1939 .....
^ W i, T s T q---------------- - 6* 1 90
O on eoi . 6»............. ..........1920 ........ ____________________ ________
N»Uonal--Ut,g.,«e 1927
2d mort .0*................. ........Him* uo%
.ma Mt V A* .......... IU17
k * *
t *
f.7n.8an.A( . -C o n .ls t g 5s, 192- K-o . . .
j 2d.
> uuwap. Ifttton—let, 6s.... 1922
M
CECoi C.n. A ind -l» t .7 s .s M -.*.» . . . . . 414%
2 6 , h icom -. •>.. ” B
....... 1917
i; Mom- C*n.—let, guar., 8s.. 1987 109 112%
Ob m o L M n k .fon d . /* .......t o n .................... M JcWgsnGenlran-tie. . . . . . . . J « 9 . . . . .. i . ,
i!
1st (E A . #. 8s.............. 1037 88
UT
t
f t w * w» b. ‘
#•. . . 192a i d t ' l i - - - O ou n oB .fc.......
.....U 'd l 113 .... - KaeS. Minn., 1st dir. JU fts.1908 100
OMniubt»4D»eett,-iet.i* . Ion. . . . . . . . : Mertgag* is
1940: '97
' '8»tt Fran. 4 St. P .-let, #., 5*. 191.9
ad,
South Carolina-2,:1, 6»..........1831
lu r r o
B * i e 4 S t g t V :" Y ,7 .3 s ,g .fB i8 s 9 | .........
Del Lock. 4 W.—Mort. 7* ..lt**/7 130 ........ Mil L S.4W.—'.onr. del)., 5#..lO07| ........ ........
iMKHBe, tie........................ 1931
RTB Btn*. A » , V,—let, 7», 1906 12s ........ Stirti. Div., Ut. os...............1924 121 % 121% 80. Pa,. IW X -1st, #uar., 4- 1937
Mutrie A Essex 1st. 7*_ H*H 140 11,'• -A _
»
-b.
.... I--.;-::: .,
I. n - . i ’- , u > 100
.
........................1800-111 |
....... c Income*.......................................>102
........1Texas A Now Orleans—1st,7s. 1905
140%
7»of 1S<1........ ............ 1901 120 121 Mmn-A 8U L --lst, g. 7 .........Vj£~ 113 ....... ; Sabine Division, 1st, 6s...... 1912 101
let, oon„ gaar., 7»..........1915 ......... 1111
Iowa BxteoAioa, 1st,7*..... 19«4t» 105 ....... O ttu t 3s,#........
.....1943 90
M .4 B ttd .C ao,—Ctrapoik7*,18tM 100% 103% 2d mort#,,7*..........
...1891- 113 1-40 , .Third Avenue (N.Yi.—1st 5s. 1937 113 113%
Pa Djv.,caup„ 7 *............1917 141 ........ SosU row tE it.-n t.7e........lull* 120 133 To!, A-A.4Casl.--6s............. 1917
80
Albany *B a »p -l.t,(m .,7 a 190*. 128% ......
FaciQc Kit.—1st. 6* ......... 1921 107 ........ Toledo A. A. A UMTr.-g. 6»,1821
let. runs., guar . 6s.........4906 US .......
Impr. 4 equipment. 6s......... 1922 115 n o
ToL A. A. A M l Pi.—
Be.........1919
Bee*. 4 8ar.-l»t,M up.,7su;»2i .................. Minn, A Pa< —1st mort#..5*. 1936. ..... ........; TOL A. A. A N. M.— *......1940
5s,
Denver City Cable-lid, 6<s... 1908 .................. MBWJ81 P 48.9 M lsn-.g,4s.l93H
........: T.*O.C.-K»u.A M.. Mort 4s. 1990
D ear. Tramway—Con*. e » . ' « j » l o .
......... .Vlo K .A T .-K .i ..VP.. Is* ls.g.U *:«,
66
90%
. l*!#t«r 4 D el—lst,e»o.,S.,.3*.U»28 99
Metropol H f.~ln.su. g.tenlOll ....... _____
D a l 4 W aeo—t s t ,5 « ,g t l.,..l9 4 0 . ......... .....J Onion Paolflo—let,Be............1896 104%
Deny. 4 B. (i. -lm p ., # _
igy#,*
72
Mlanourl F aridc—A u » i 3 e .„ 1 9 t 7 •......... Bo
1 st, 6s....... ...........................1897 104%
Duluth A Iron Rang,*—I s ; S ,.lu 3 7 " l " ' *9
1st r o l l , 3s, g ..........................1820 ‘ 75
1*1 6s.................................. 1.898 105% 106
■ -T en n . Va- ,4 G A - l e t , 7 a..l£ K )0 109 _____
8t L A I . M .-Ark.ltr.,m t,7a.l89T,
Collateral Trust. «*............. 1908 80
99
ptrtsionat 5»....................... 1930 lot . . . . . (Mobile- * Ohio— ext., 6S..UB27
1st
Collateral Trust, 5s............. 1907 68
Ut ext., gold, 5 s ....................1837
___ : 84. L * Cairo—is, guar............ 1*31- ........
Kansas Pacillo-lst 6s, it. ..1895 101%
s.,;n .........
1088
............. Morgan's La. 4 T . —le t, O a....1920 110% 111 ‘
1st, 6s, * ..........................1896 103 0 3 %
Mobile tk m m — 1st, g „ 5 a . 1937
.. 82
Ut, 7s .....................
1918 ' 125 m ’ s: a Br. U. P .-F . 0 7*...... ..1895 ......
•
.,
AI»baat* Central—1st Be. ..1818
............. Nash, ChaV * St. 1. -2-I. 0 « ..1 8 o i
107% Atch. Col. A Pec.—let, 6s... 1905 43
44*
■cto-Un, exteottod, 7*......... 1897 109 j” " ” N. O. A. No. E.- -Pr. L, g„ Os. l jiS
A: 11. J. Uo. A W .-let, 6s...1905 ......
116
«d, extended, 5*.,. ...........1910 i n % . . . . . . j M .y . C e a tta l—Deb. g, 4 s ...71903 100%
U. P. Liu. A Col.—lst,g,,5s. 1918 *44
IW extended, 4%e........ ,....1923 108 * i l l " * S.“ J, Juan—Goar. 1st. 4s. Y.imh
,
t o o " | s»i, g.9.!..A U.N.,,-oi.trsl,3s. 11*10 18 % 49
« b , extended, 5S,................1020 110 ........
Brock Creek- le t gold, W..1936 106%
Utah A North.—let, 7».....ISWg .........
ttt.kkteaded.is,......... .....1028 loo 101
Oew. A Itome-'ld,5s. g..ftu,19I5 106 ibo'%
Gold, 5 s.... .....................1926 .......
1*1 con., g C d .T s ............... 1020-1 8 8 % ........
Utica A B l. K ir.—4s, g , gu.1022 . .0 0 % ...... : Utah Southern—
1.
Wen., 7* ..1909 ...... 00
a & T i ’A — - ’ a ! ........... iS S *15
----v - h l &
.......
.... 5. y. S.gL 4 H .-Ift, res.45.1903 103
Ett-.u.. 1st, 7#.................. 1000 ....... 90
*• *•
7 i:” ".".i910; IS**
:n '. v. A Northcni-n'l, g S .10*27 108 ____ 1Valiev B y Co. ol O.-Con. 6*. 1921 ........
% .......
“ ................
N Y.L .E ,* W-Coi.tr.,6S.1922; 111) .......
.
2 4- .............................. 19*27
d.
...... .::Wabash—
Debentnro, 9rr. A.. 1939 .......
l t<on{*.,Se.
......1090
»ng. 4 8, W—Mon*. 6S....1809
Sgmsnm*~let, # a .f,fls ..., 1809
Goal 4 KB.—Its................... 1022
BarakaBprings—1 «, *..»«,..1033
* t-U.-lstA-une.jB*..loat
«l- e-K,-' .!■ ,.. 1 » .......
1042
' *" ---- *
70%....... N, V. hn* . 4 West -2d, 4%s. 1037
9
....... .......
<i«n.mort.,»l, g ....... ....... 1940
.......... ....... M, Y.Tc*. A Me*.—I«w »,# ill9 ia
.........i........ Nonh’n Pavlhc—Divid'd scrip err
.................
jamesHIver Val—Ut. >*... 1936
111 .115
BpokineA Pal—1**.6-......19841
p.-,
to o
.3 Paul A > . C -*>' '
1
are III,, late,! Muiiisliorf in„le thl* week.
'.S ..I02 .
i'oT*
*95 ' ' 96% No, MI»Kiurt-l-st, 7s....1895 *104
1
.......... .
8U aK .C .*N .-K .k4Bll7». 1895 ...... ioT* 1
.............. Sicb»rl*s Br’g e - 1st.Os... 1308 106
107% .
................. West. Va. C. 4 PitU.—1st.6s .lu ll ___
no - ....... WSeel.ALl-:.-let. 5», gold.. .1926 %05 107% S
.......ID-
. >
For iim .ll«u «..u » a I
;
A Imp, g.. j s .......1:*J0
____
d Itiud--S ee 3d page nram-illng.
THE CHRONICLE.
220
R o ad s .
In u e s lw e n t
[ VOL. L V I I
|
Latest Earnings Reported.
WeekorMo, 1893-94. 1892-93.
I
AMD
J la ilr c m d In t e llig e n c e .
2 fe Investors’ S upplement , a pamphlet o f 150 page»
e
contains extended tables o f the Stocks and Bonds o f Rail
roads, and other Companies, with remarks and statistics con
cerning the income, financial status, etc., o f each Company,
It is published on the last Saturday o f every other month—
e ls ., January, March, May, July, September and November,
and is furnished without extra charge to all regular sub
•
eribers o f the Chronicle .
The General Quoti tions o f Stocks and Bonds, occupying
six pages of the C hronicle , are published on the t h i r d
Saturday of each month.
RAILROAD EARNINGS.
1 Latest Earnings Reported.
WeekorMo, 1893-94. i 1892-93.
----------------------- ----------------- --------------- ,--------------
Jan. 1 to Latest Date.
1893-94. | 1892-93.
159,0831 154,671
11,449
11,435
171.747 224,813 2,436,810 2,630,696
89,571
76,215
12,260
12,346
550,118 669,303: 1,584,665 1,995,002
140,810
143,377
395,872
423,623
690.928
812,740 1,980.537 2,418.625
60,410 81,164
572,344'
600,267
B.AO.EastI .ines December. 1,424,430 1,630,582 18,789,105 19,799,486
Western Lines December I
451,253 569,076 6,505,256 6,293,646
Total........... IDecember. 1,875,683 2,199,658 25,294,361 26,093,132
373,648
343,185
B al.A 0.8ou’ w./. 3 d w k Jan. 112,160 125,499
31,518
32,967
5,124
Bath A Ham’naelNovember.
4,848
41,203
28,201
Bir. A A tlantic.. December.
1,683
3,343
113,020
103,391
Brooklyn K iev.. 3d wk Jan.
38,330
41,241
146,112
51,370
136,543
48,704
B u fl.R ocb.A P ittad wk Jan.
18,794
Buffalo A Susq.(Decem ber.
2 i 2 5*7*9
*,
71,263
209,063
Bur.C.Rap. A N 3d wk Jan.
75,283
767,841
803,522
44,927
Camden A A tl.. November.
37,603
Canadian Pacific 3d wk Jan.1 313,000 324,000 1,005,000 1,080.000
21,978
34,184
2,510 , 2,732
Car.Cum.GACh. O ctober...
63,574
4,994
60,860
Car. Midland— December.
5,245
Central o f G a ... |
October. .. 603,080 614,480
Central of N. J ..N ov em ber. 1.174.569,1.109.786 3.392,673 13,618,565
Central Paoitlo.. November. 1,146,443 1,159,000 13,310,486:13,593,710
--------78,107
7,514
81,270 1
Central o f 8. C .. October. ..
7,205
150,359
14.923
150,320
15,815
Char. Cin.AChio. IDecember
Charlest’ n&Sav. November.
542,609
51,832
44,214
571,585
147,547
Char.Sum.A No. December.
12,000
12,250
151,602
50,986
Cbat’aua Lake.. November.
3,794
4,486
54,145
Cheraw.&Darl.. November.
72,946
9,052
6,871
83.712
484,746
Chea. A Ohio— 3d wk Jan. 176,413 169,910
547,265
Chlo. Bur. A No. December. 165,382 201,891 2,316,155 2,208,972
Chic. Bur. A Q.. December. 2,896,231 3,544,276 38,356,483 40,412,402
t.
248,331
75,730
91,044
217,628
Chic. A East. 111. 3d wk Jan.
ChioagoA Erie. November. 302,363 245,786 3,116,321 2,544,842
------- Chlo. Gt. West’n 3d wk Jan.
225,768
58,613
81,831
168,453
Ch.J.K.AU.S.Y. Septemb’r. 219,659 250,394
............
Chlo.M il.A8t.pt 3d w k Jan. 498,674 615,261 1,445,347 1,859,225
Chle.AN’thw’n/i December. 2,592,260 2,947,827 32,291,176,34,170,652
C hlc.Peo.A8 L.fc 2d wk Jan.
37,565
48,645
21,072
23.810
Chio. R’k I .A P .. December. 1,400,958 1,538,166 19
r 26 18,701,056
'
Chio.St.P.M.AO. November. 845.291 965,394 7,
Chic. A W. Mich. 3d w k Jan.
23,993
Cin. Ga. A Porte. December
70,903
5,468
31,653
9.300
Cin. Jack A Mac. 1 wk Jan.
3d
9,674
Cln.N. O. A T . P.'Decem ber. 310.000 359,748 3.942,937 4,216,700
Ala. Gt. Sou til. December. 166.000 169,982 1,778,959 1,796,848
N.Orl. A N. E. December. 146.000 141,353 1,439,745 1,326,910
Ala. A Vicksb. December.
619,384
71.000
Vicks. 8h. & P. December.
570,882
65.000
Erlanger Syst. December. 758.000
8,530,724
Cin. Northw’n.A December.
20,708
1.534
Cin. Ports. A V.. December.
260,939
20,961
Col. A Maysv. December.
14,352
953
Clev. Akron ACo. 1st wk Jan
18,341
15,793
CL Cln.Ch.AS.L. 3d wk Jan. 209.596
651,436
Peo. A East’ n.jNovember. 136,590
1,611,211
6,077
Col. Newb. A L. October. ..
37,988
Col. H. V. A Toi.IDecember. 214,363
3,372,585
CoLBhawneeAIl December.
748,105
38,225
Colusa A L ake.. December.
1.535
29,994
Crystal.............. November.
14,210
1,213
Current R iver.. 3d wk Jan.
5,575
2,567
Denv. A Rio Gr. 3d wk Jan. 115,900
497,200
Des. M. No. A W. December.
26,236
415,009
Det.BayC.AAlp. October. ..
300,863
17,608
Det.Lans’gANo 3d wk Jan.
16,242
60,510
DoluthS.S.AAtl. 2d wk J an.
22,587
59,578
Duluth A Winn.. November.
135,466
18.125
E.Tenn.Va.A Ga 3d wk J an. 107,375
309,998
Elgin. JoLAEasi December. 100,453
853,368
Eureka Springs. November.
73,652
73,390
6,048
Evans A ln d ’ nufa 3d wk Jail.
4,981
20,529
15,
Evans. A R ich .. 3d wk Jan.
1,343
4,743
3,853
Evansv. A T. H. 3d wk Jail.
63,485
21,316
62,663
Fltohburg
597,960
December
7,353,358 7,576,506
Flint AP.Marq.. 3d wk Jan.
119,900
39,248
Florenoe..
O cto b e r...
112,821
10,548
Fl.Cent. A Panin December
191,304
Ft. W. A Rio Gr December.
3M 80
Gads. A Att. U.. December
Georgia R R ....... 3d wk Jan.
16,311
Ga. Car’ la A No December.
71,485
Geo. So. A F la ... December.
87,976
Georget'n A W’n O cto b e r...
2,312
Gr. Rap. A Ind.. 3d wk Jan.
31,117
Cin. R. A Ft. W. 3d wk Jan.
6,818
Traverse City. 3d wk Jan.
1,475
Mus. G. R. A 1. 3d wk Jan.
1,818
Total all lines. 3d wk Jan.
41,229
Grand Trunk— Wk Jan. 27 286,370
Chlo. 4 G r .T r . Wk Jan. 13
55,307
DehGr.H .AM . Wk Jan. 13
15,346
Gr. P.Wal. A B r. October. ..i
2,057
A dirondack----- (November, j
Allegheny V a i.. 'December
Ark. Midland. . November.I
Atoh.T.A8. Fe* 3d wk Jan.
St. L. & Ban F 3d wk Jan.
Agg. total... 3d wk Jan.
____________
Atlanta A Char.o October. ,
3
g;lia
I Jan. 1 to Latest Date.
1893-94. I 1892-93.
Great North’n - j
!
at. P. M. A M. December. 1,062,754 1,342,834 13,641,765 13,670,836
East, o f Minn IDecember.
93,126 136,237 1,337,141 1,313,428
Montana Cent Deocmbor
98,076
96 627 1,117,404 1,191,875
Tot. system. December. 1,253,956 1,575,698 16,096,310 16,176.139
5.170
3,902
45,2651
37,981
Gulf A Chicago.'Decem ber.
8,617
H a rtsv ilie.........October. ..
1,257
1,548
9,351
36,209
2,362
3,025
Hoos.Tiin.AWil. 'December
35,601
58,955
51,398
Hons. E.AW.Tex December.
10,000
14,969
131,654
148,752
HumeBt’nAShen Decem ber.
Illinois Central. December. 1,702,691 1,803,713 22,013,342 19,310,509
49,767
36.526
509,922
424,587
Ind.D ec.A West. December.
78,973
76,141
199,042
In.A G t. North’n 3d wk Jan.
259,606
47.072
46,662
129,784
Unteroo. (M ex.) wk J a n .20
127,758
37,582
110,730
Iow a Central. . 3d wk Jan.
33.514
101,965
4,566
41,477
4 ,0 7 5
Iron R ailway. .'Decem ber.
37,515
78,891
74,798
Jack. T. A K. W November.
5,202
5,404
15,346
15,656
Kanawha A ieh 3d wk Jan.
362
206
732
1,086
Kan. C. A Beat. 3d wk Jan.
5.097
5,243
16,036
15,563
Kan.C. Cl. A S p . 3d w k Jan.
89,376
73,566
218,771
278,563
K.C.F.8. A Mem 3d wk Jan.
21,622
26,052
73.629
69,400
K.C.M em .ABir 13d wk Jan.
4,491
2,262
12,859
5,661
K. C. Pitts. A G .'sd wk Jan.
4,830
5,376
Kan.C. Sub.Belt 4th wk Jan
14,775
15,713
17,000
K.
C.Wat. A Gulf December.
5,756
6,878
Kan.C. Wy. AN W 3d wk Jan.
17,565
*20,632
6 .5 0 6
7.084
20,115
21,252
Keokuk A W est. 3d wk Jan.
5.098
7,927
L. Erie All. A So. December.
” 7,871
83.658
5 1 .0 3 2
54,896
L. Erie A W est.-'3d wk Jan.
158,641
175,301
41,517
44,474
Lehigh A H u d.. December.
589,401
475,596
42,282
Little Rock A M . October. ..
54,318
Long Island---- 1Septemb’ r.
3,300,292 3,342,628
34,177
Louis.A Mo. Riv. November.
43,307
392,981
440,424
34,605
52,750 1,737,979 1,554,154
Louis.Ev. A b t.L .'4th wk Dec
Loui8v.ANashv. 3d wk Jan. 376.870 388,770 1,102.735 1,233,910
43.737
124,265
130,726
43,064
Louis.N.A.ACh. 3d wk Jau.
525,520
642,822
32,268
L ou.St.L .A Tex. December.
58,81”
5,864
5.892
68,526
73,633
Macon A Birin..jDecem ber.
1,332
12.176
11,494
1,737
Manches A Aug . October. ..
2,407
Manistique........IDecember
74,420
85,780
4,354
25.481
72,088
86,286
27,079
MempbisAChas. ;3d wk Jan.
iM exican Cent. | wk Jan. 176,743 147,875
3d
457,852
403,191
211,763 213,260 2,050,934 2,095.726
M exican Inter’ l.,December.
74,135
213,821
273,014
8S,478
tMex. National.l3d wk Jan.
893,722
919,530
Mex. Northern - November.
55,145
107,645
126,819
66,682
IMexican R’ way|\vk Jan.13
4,986
10,113
9,605
4.921
Mineral Ranget 2d wk Jan.
132.552 179,194 1,785,264 2,022,062
Min neap. ASt. L. IDecember
133,498
165,799
56.963
M.
St.P. AS.S.M .i3d wk 34,698
Jan.
M0.K a n .A T ex .J 3d wk Jan
165,638 163,819
472,007
499,118
M o.Pac.A irouM ,3d wk Jan. 430,000 485,000 1,186.000 1,421,000
11,954
11,982
6,100
M obile & Birin. 2d wk Jan.
6,276
313,944 327,730 3,333,730 3,341,684
Mobile A O hio..'D ecem ber
997,810
774,580
83,000
Mont. AAIex.Glt,December.
81,326
Nash.Ch.A 8t.L . December. 377,236 449,411 4,727,479 5,156,573
Nevada Central November.
3,002
37,053
39,598
4.215
N. Jersey AN.Y. November.
306.403
298,296
26,834
26,635
NewOrl.ASo’ n .. 3d wk J an.
2,305
7.819
9,304
2,298
N .Y .C .A H .R ---- December 3,580,187 3,845,898 46,710,573 45,590,888
N. Y. L. E. A W . December. 2,187.267 2,539,137 29,418,045 30,942.925
N. Y.Pa.AOhiO-. November. 582,094 621,291 6,747,019 6,598,121
N. Y .A N .E n g ... Septemb’r.
4,626,467 4,539,635
N .Y.AN ortli’ n .. December.
581,886
573,062
50,167
N .Y . Ont. A W . 3d wk Jan
163,072
161,811
55,556
N.Y Susq. A W .. December.
118,549 1,782,908 1,713,912
Norf. A South’ n. December.
435,892
428,184
34,598
Norfolk A West. 3d wk Jan
582,407
471,841
162,022
N’theast’n (S.C.) October. ..
514,305
512,229
44,702
North’n Central. December.
636,618 6,881,806 7,191,290
North’ n Pacitlc§ December
1,859,164 23,236,980 28,899,432
Oconee A W est. December.
2,551
1,079
Ohio R iver......... 2d wk Jan.
12,497
14,937
26,494
29,874
Ohio Southern.. December
60,079
82.828
673,702
683,643
Omaha A S t. L .. November.
39,901
49,989
493,432
534,624
Oregon Imp. Oo. November. 343,564 307,746 3,596,771 3,590,438
Pad.Tenn.AAla. Octobor. ..
18,630
17,778
243,534
166,905
Tenn. Midl’d .. O ctob er...
16,852
20.435
178.746
155,676
Pennsylvania... December. 5,302.845 5,934,923 66,375,221 68,841,842
Peoria Dee. &E v . 4th wk D ec
21.6211
27,3481
858.953
860,026
Petersburg........ December.
38,388!
43,169
522,685
536,543
Pbila. A E r ie ... December.
303,668 400,739 5.104,879 5,526,550
Piiila. A Read’g. December. 1,752,512 1,968,367 22,462,991 23,073,093
Coal A ir. Co.c. December. 2,279,310 1,705,345
Total both Cos. December. 4.031,822 3,673,712
Pitts. Mar. A Ch. December.
40,577
2,875
34,349
3,577
Pitt.8beD.AL.E- December.
390,902
40.4S9
500,836
31,576
Pittsb. A W est - December.
T
94,983 114,275
Pitts. CI.AT01 December.
43,590
61,245
Pitts. Pa. A F. December.
19,8511
22,151
Total system.. 3d wk Jan.
99,449
119.679
Pitt.Youug.A A . Decem ber.
61,082
97,778 1.286,514 1,139,963
Pt. Koval A Aug. October. ..
194,444
32,526
235,431
25,073
Pt-.Roy. AW. Car. October. ..
40,906
272,664
226,581
33,958
Quincy O.AK.C. Decem ber.
21,305
279,735
271,013
21,409!
R ich’ d A Danv. 3d w k Jan. 135.327 162,520
483,810
540.679
Georgia P ac.. 3d wk Jan.!
58,534
138,700
47,700
160,594
Char C.AAug. 3d w k J an. 1 15,760
41,024
46,200
13,000
C o l. AGreenv. 3d w k Jan.
16,314
41,020
37,127
11,140
Rich.Fr’ksb.AP. November.
51,840
691.653
675,868
58,658
R.
Nie’lsv.Ir A B ..
October.
5,311
Rich. A Petersb. Decem ber.
23,091
353,249
335,311
27,561
R io Gr. Soutli’n. 3d wk Jan.
42,053
7,768
19.124
13,850
Rio Gr.West’ n.. 3d wk J an.
31,400
88,200
97,750
33,900
Sag.TuscolaAH. Decem ber.
123,702
8,335
9,191
125,729
Sag.Val. A St. L. November.
7,134
85,766
85,763
8t. L. A . A T. H. 3d wk J an.
27,640
77,650
90,810
s lillo
St.L.Ken’ etASo. Decem ber.
3,469
33,141
29,933
2,507
8t. L. South w’rn. 3d wk J an.
86,000
248,050
274,850
84,700
St. P aulA D u l’ th Decem ber.
93,247 186,291 1,713,134 2,130,709
San Ant. A A .P . Decem ber. 167,859 170,834 1,881,551 1,669,443
S. Fran.AN.Pac, 2d wk J an.
10,740
12,180
20.125
25.585
Sav. Am. A Mon. Decem ber.
42,513
53,664
492,500
536,697
Sav.Fla. A West. November. 299,664 256,043 2,638,746 2,694,523
December.
5,000
Silverton
68,363
103,526
11,969
South B o u n d .... December.
16,000
20,000
229,226
202,207
So. Pacific Co.—
Gal.H ar.AS.A November. 370,711 468,590 3 880,716 4. ,171,639
Louis’ a W est.. November. 103,252 124,1871 1 016,723
984,106
Morgan’ sLAT. November. 747,988 740,455 5 063,311 4 ,990,998
N.Y.T. A M ex. November.
28,695
232,282
28,293
241,651
Tex. A N .Orl-- November. 154,464 162,929 1 ,620,935 1 ,536,737
Atlantic sys.d. November. 1,432,106 .549,834 11 ,987,88812 ,050,647
Paoitlo system November. 2,797,034 2:,937,872 32! ,378,85232 835,315
Total of all.. November. 4,229,140,4; ,487,706 44, ,366,740441 886,462
CoastDivCCal.)
S ou .D iv .fO a l) | Nov'ber.| 830,579| 875,6I4| 9,940,940 9,416,797
THE CHROJSLCLE.
F ebruary 3,1394,]
R oads.
Latest Earnings Reported.
\Te*korXo\ 1S93-9-1. 1892-93.
Jan. 1 to Latest Dale.
1393 94-
1392-93,
S
s
S
»
So. Pic. Co.-Con
Arinina Div.. Ntm'utUtr. 181,7*13 199,590 1,875,446 1,829,002
925,91ft
870,278
NewMoa.Div November.) 30,-169; 83,090
Sou -UCarolina DeeoMber.s ioe.-v 2.v‘ 114,745 1,291,6: 5 1,320,044
17,71*6
1,747
1,669
1 4 ,9 9 2
aotulufcNor.Car. October ...
9.6,790:
12.180
12.191
92.450
Spar. Un. A Coi. October...
65.651 1,024,832 1,057.013
Staten 1st, K. T. December.' 63.682
46.007
■2,087'
1,766
5 7 .2 * 3
8-.<>nyC!.A<'.Mt.. Nove tuber.;
Summit Rraneh. December.‘ 99,68b ( 119.110- 1,267,210 1 , 3 2 9 .5 5 6
Lyfcea* Valley December. j 101,975; 84,260 1,1*2,55! 1,069,834
Toth txirh Co’s December. 201,* S3: 203,370 2,379,7**1 2 , 3 9 9 ,8 9 0
4 5 7 ,0 4 1
39S.25?
Texas A Paeitle 3d wlc Jan.] 139.535 131,60*
5,427
51,347
57.875
Tei.8.V»liN.W December, i
3,670:
31,774
74.913
103.400
21.043
Toi.AOhioCentt 34 wk Jan.
52.351
22,665
5 3 .0 2 2
Xol. P. A Wei’ .. Sdwk Jan.; 17,313
65.029; 1 0 1 .2 3 3
.
Tol-St. L.AK.C. 3d wti Jan.1 18,S73: 3*2.296
Ulster A Del... ,November.! 33.1*31) 31,303. 405,1091 3 2 4 ,7 8 5
Union Pacific—
Or.SX, A T . S November j 455.-410 653,790 5,476.587 6 ,6 2 6 ,4 2 3
j
Or.Kr&H.Co November.} 443,0391 521,4-9 3.555,938 4 .1 3 5 ,3 7 1
U.Pac.D.AG. November. 457,301 545 928 4,696,304 5,379,312
34,049
8 2 ,6 2 1
£6,309
8T.Jo.AGd.IsL 3d wk Jau.; 20,636
411other lines. November. I ,76 v i 16 2 .256,492 19.620.78 s 2 1 ,9 7 7 ,0 1 4
NOfember. 3,,201,032:4 ,076.570' 33,397,16*! 3 9 .5 4 6 .1 6 1
TotU.PSjs.
898.145 1 .2 2 3 .9 4 2
71,4i.!s* 105,679
Cent-Br-ALL. November.
9 9 7 ,5 5 4
721.910
93,399
Montana On.. ■November., 59.944
26,293
2,'41
2,905
30,687
Leav.Top. AS, November.:
39,318
3,775
37.977
4,293
.November.;
Mas.ALA Bor.
tir'nd total t November. 3, 306,072 4,,232,201, 34,689,087 41.303.162
145,188
Scpienib'r.
152,382
Vermont Valley
696,6**0
Wabash............ »dwk Jaa.; •ibi’.wo 22X600; 590,6* 0
6 4 ,6 9 6
90.601
8,194
9,666:
Wub.Che,. A w. October. .
W e« Jersey...... November,: 114,6*3 12ti.*.’7- 1,580.173 1,621,186
95,299 1.16'., u7 1 ,0 9 7 .9 6 7
79.886
December
W.V.Cen-APltte
2 4 8 ,2 2 3
300,232
35,253
34.781
West Va * Pitts. s.!ptetnb'r.
91.274 1 ,2 0 1 .5 0 7 1 ,1 5 1 ,4 3 5
West. Maryland.; 'December.) 82.239
181.5*0*1
63.100
150,000
W «!.N .V .*l'a :3d «k Jan.1 5 1 .4 0 0
2t.*,l21>
7 0 ,0 9 6
57,295
Wheel. A L Erie 3d wk Jan.; 19.1 t*
19.601
WU.Chad.ACon October...;
2 4 .0 2 2
2.2 5
1.861
October.
83,830
■'1..- S6 5 2 ,- 1 4
521,377
Wfl. COL A Attic.
8,197
6,117
Wright*v-ATet». November.'
* Include, CoS, Slid. In 1893 and 1892 for week and year to date.
1 Includes Milwaukee A Northern for ail periods.
i In clu de* Wta- C entral to S ep tem b er 2 6 In clu sive fo r b o th years.
a Figure* cover only that part of mileage located in South Carolina.
s Tr.e business « f the Lehtsth Valley and lechlklt A Wlikesbarre < •
!>
partmeata Is not included. 6 Ittcl id. * earning* front ferries, etc.,
not riven separately. 1Mexican entnntsv. e Tot. CoS. A Ctm Included
for the week and slave Jan. 1 In both year*. /Include* only half of
liana at which Unioa Paetfla has: a half tateyaar. A Includes from 8©t>teteber 1 earnings of Mllwanieo Lake Sliore ,k Western in both years.
t ( imM N Haneoelc A islomet for October only. 1 Include* Ohio A
i
MtoUttgpi la, coin scars and from January 1 to latest date.
Latest Gross Earnings by Week*.—The latest weekly
earnings In the foregoing art* separately summed up as follow *:
Our final statement of earnings for the third week of
January covers 68 road* and shows a low o f 8-8! per cent.
3d week of January.
Previously rep'd 29 r’dst
Aten. Top, A 9 mm P c..
8t 1 >*ti* A San Prai* .
2
Burl. OwL Ra|K -k North..
Cbim m < Bmt* nU'aobi.
k
CMtz&o Urtfmt W
.
Cm. Jackson A Micktna*
Clev, On. CWc. A St. i.
Current R iver..............
KastTeoa. Vi. Aria. ...
E ria if. tfe IwtimirnpoUm
Mtms-nU# * Eletuaottiftw
%
Eran*«. A D-rr-- Haute Flint A Here Marnuette.
Qraad Rapid* A It:-Dai. .
CiaeiiiaaU H & P*. W..
.
Triittrm City.... — ...
Mmk,. Or. R ..% l&A. ...
I n t m m m t m t i .j... ..
lows* otmizmt__
CTlf tk Beamcr ,
Kuo, City m&. & Syriac.
Xml Hfty Ft, s« 4 M#m..
k
Kia, Ctty M
*‘®, M Biros,
Kao. Cttr Filial. & Unit
Ka,o. C. Wyao., & 5. W ...
Keolrcik M Wmtmm.......
M*fispni»<fc CltriNUtu.*
Miooe 8t. F. &
M
Slaw O ana & BoutU'ti. >
rJk
Norfolk M Wmii&m,
Rlchmonti «t l> 10rill**
Urntp a FmiMo. . .
CBar, t i,\ a
—
■
B Cttw& ^nothrm....
L>
df*
S Somph k Otl, faiaon
t*.
Hi* Lout-* Alt. k T.
Wotk&k BeiorfM k Wm i ’ b ..
rnmmm N, n* k F«ao.,
1891.
1893.
Inert.it*.
*
t
3.BUi,t>e6 3,972,038
530,118
$09,3'
14031C
143,377
71.2*3
7$,*263
75,730
01,044
5**»6I3
M 7i
icioo
2m A m
21 4,
2,-*«67
ijs m
95,770
107,375
7,442
1,343
1,552
21.316
20.681
55,020
31,117
40398
6,819
7,18*
1,175
999
IAIH
% 7W
4at0B2l
47.072
33.514
37.562
2ms
362!
5,097
5,243
§0,876!
73.566
i'6,052|
21,622
4,401
2.282
5.758
6,878
6,508
7,084
S5.48I
27.079
56.961
31.099
2 jm
3,298
t%%830
162,022
185.327
162.520
m ,m *
47,700
15,760
13,**00
16,314
11.140
13.670
7,768
20,536
34,049
27.040
35.92**
17.343
22,005
51.400
63,400
Trftiil
tomMu ****.»»• 5,833.371
Pat fta^roaaa *$‘W 0.0...
l
...........
6,362,076
...........
9
51,557
**»*#*«."
«,.*.♦**
07§
11,005
tm
• e. . :
*««
477
rfrm T ... —
4.130
2.226
7
2%sm
22,897
10,834
2.7SO
5,174
140,302
...........
The following-will furnish a comparison of
sults for a series of weeks past.
WKKtttt
UttOSS
BAhklNO*.
J
Period and number of rowi* 1803,
inti udtii.
$
:M wrrk of Apt. 1.70 romlnl fi.710.483
.
4Hi wmk of. Apr> <7§ m d.m 8.700,916
m
l.«t wmk at Mm 17$ tomtm 6,041,513
24 wmk of May (74 ramda) 6,881^372
7,332.001
94 weak of May I7 t>
4th are«k of Mar (81 roa<lni 11,**21,0*22
1st week of June (83 road** 7,75 i .301
2*1 'week of Jan# <82 reads< 7,737,760
3d week of Jno« t*3 road»> 7,877.530
4th week of Jane (80roa<le) 8,405,037
1802.
f
6.413,18:4
8,501,188
*»,368r
83l
6,590,600
0,733,405
9,8*2 2.38 4
7,320,906
7.623.852
7-500,000
9.2/7^38
Dtertas*
*
376,0**t*
119.215
2AC7
4,020
17.114
23,218
374
5,207
2,401
200
15,781
0,781
315
070
410
4/*Ǥ
156
1m!
15.810
1,122
57«
1,588
22,285
6,082
i J,r,i3
6.280
5,322
12.000
069,007
526,705
221
.-------Changes.------ .
Period and number of roads 1893
1892.
A mount.
rneluried.
$
$
8
P. at.
1 st week of July (73 roads) 6,592,979 6,797,487 aee.204,508 3-00
2d week of July (76roads) 7,015,903 7,626,920 dec.6ll.017 8-01
reek of J • 7,185,286 7,818,344 doc.633,058 8*09
4th week of July (71 roads) 8,855.365 9,641,324 dec 785.0.59 8-15
1st week of AUK- ("4 roads) 7,006.343 7.989,397 dec.983,054 12-31
2d week of AUb, (73 roads) 6,469,755 7,601,365 dol,131,610 14-89
3d week of Aug. (71 roads) 6,217.150 7.397.267 d el,180,117 15-95
4th week of Alie. (73 roads) 9,339,127 11,315,242 del,920.115 17-02
1st week of Sopi. (73 roads) ti.659.41S 7,778,024 del, 118,606 14-38
2d week of Sepr. (74 roads) 6,995,914 7,896,209 dec.9u >,295 11-40
3d week of -Sept. (75 roads) 7.335,793 8,184,311 dee.348,546 10-87
4th week Of Sept. (72 roads) 9.6*6.153 L0.90II.585 dol.154.432 10-69
1st week of Oct. (70 roads) 7.433,392 7,9 >1,213 deo.517.85l 6-51
2d week of Oet. (69 roads) 7,757,377 8,160,023 doc.402,646 4 94
3d week of Oet. (67 roads) 8,151.443 8,104,7*6 too 44.697 0-58
4th wet
63.ro»ds)10,746,03211,123,130 dee.370,193 8-38
1st week of Nov. .65 roads) 7,380,723 7,756,087 dee.369.364 4-77
2d week of Nov. (-3 roods) 7,839,039 8,002,539 dee. 162,950 2-03
3d week of Nov. (74 Mads) 7,668.323 8,224.545 deo.556,222 6-76
4th week of Nov. (74 roads) 9,499.617 10,583.870 del,'"64,223 10-07
1st week of Dec. :69 roads) 6,726,531 7,805,758 dc-1,019,227 13-06
2d week of Dee. (73 roads) 6,887,529 7.304.281 dee.916.732 11-75
3.1 week O f Dec-(60 roads) 6,657,855 7.5*1,399 dco.883,544 11-71
4th week of Dec. (71 roads)8,565,0*43 10,303,716 del,738,173 16 87
1804.
1893.
1st week of Jan, (70 roads) 5,469.160 6.380,107 rtec.910.947 14-23
id week of Jan. (72 r*.a ls> 5.309,333 6,4*5,466 dec.676,078 10-42
3d week of Jan. (83 roads* 5333,371 6,362,076 d6e.523.705 8-31
Net Earnings .Monthly to Latest Dates.—The table fol
lowing shows the net earnings reported this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
in the C hronicle of January 80, 1894. The nest will ap
pear in the issue o f February 17.
,-Gross Earnings.---------. ---- .Yd Earnings.----.
1393.
1392.
1993.
1392.
Bonds.
*
$
*
8
Canadian Pacific.«..Dee. 1,633,934 1,894,128
580,807
320,736
Jau. 1 to Dec- 31... .20,982,317 21,1.9,352 7,741,416 8.420,348
Chesapeake A OhloaDea.
71g,H9 839,088
217,152 280,090
Jau. i t*. Dec. 3i .. 9.965.459 9,950,203 3,*>92.590 2.*23,674
July 1 U Dee. 3 1 ... 4.918,dlU 0,393,318 1,703,099 1,31*3,751
>
Chlc.Bur. A Notpl.bDeo.
165,382 201.801
62.652
101,011
Jan. 1 t*. M 3 1 .... 2,361,155 2,203,972
W
849,070
807,933
Chin. Burl. A Qnln.b Dec. 2,896,231 3.541.276 1.181.913 1,328,504
Jan, 1 to Dec. 31. ...38,350,483 40,412.402 13,854,293 Il,2j3,405
AaSrtuUi'n AEU.b LK-c.
87.076
79,301
30.012
21.758
Jan. 1 U Dc*-. 31__
>
921,916
769.100
152,113
£03,258
Juiv 1 to Dv:. 31....
409,222
402,629
91,336
1,6,142
181,369 1*1,313
70.515
55,936
tow* Central........b Dad. .
1,922,501 1,921,395 659,141
510,636
Jau. I to X»ee. 31... .
313,237
July 1 to Dec. 31... . 1,011,340 1.047,983 392,082
691,980
900,58*
Lauuv. A SMbv.b. Deo. 1.811,->,50 2,030,807
Jau 1 to Deo. 31---- 20.171.612 21,9 ,.i,t77 7,331,213 7,942,151
July 1 t« Deo. 31. . . 9,755,921 11,631,029 3,874,577 4,511,322
1,878
Macoa A filnaluk__ Dec.
5,864
5,892
1,427
4.00G
1K.584
Jan. I to Dee. 3 1 ....
*18.526
73.633
J u ly 4 t o Dei 3 1 . . . .
3 4 .7 9 6
36,0 31
8,614
8,003
M ex. lu te ru a tlo n a l. .D©o,
£ 1 1 ,7 6 3
2 1 3 ,2 3 0
26,553
129,331
7 44,540
766,813
Jau. 1 t > D.“ 31_ 2,053,934 2,095,726
_
72,184
11,105
m m . A M LO ! > a .[> :•
U
• *. 132.552
179,191
851,73770.127
Jan. 1 to Dw. 31 ... 1,78.5,261 2,022.063
411,300
305,-27
July l to Dee. 3 1 .... 925,157 1,111,790
Jf.T.L. K. A Want'a-eDeo. 2.187,2*17 2,539,137 *51).>,*7« •826,126
Jau. t to Dec. 31. ..29,413,045 3 ),9t2,025 "9,177.898 •3,616,193
uvt. 1 to Dec. 3 1 .... 7,305,757 7,88 *,873 ' 2, Jill, 22* ■2,733,913
36.707
5 4 ,£ «
N. Y.Ont. A We*t a Deo. 268,921
293,717
868,067
Jan. 1 to Dec 3 1 .... 3.901,111 3.*73,760 1,013,2 if!
521.713
Jut? I to Dee. 31 .. 2,095.153 1,592,193
tit 4,938
12.916
13,847
Norfolk A Soalbern Dee.
36,799
3 1,M>
9
156,992
156.203
Jau. 1 to Dec. 31_
_
iift.-JJ
429.191
901,011
187,8*6
323,392
Norfolk A IVlaet&ma. Dec- 71*311
Jan. 1 i»> lb-c. 31.... 40,733.618 9,952,002 2,833,157 2,921,309
60,370
400,739
43.652
Philadelphia A Eric, Dec. 303.669
Jau. t to Dec. 31. . 5,101,879 3,258,533 1.55A906 1.515.639
873,843
1,'338,367
780.227
Phil*. A Kca lme . D.w. 1.752,512
117,1.2 d*)f. l *,2->7
Opal A Iron Do...... Dee. 2,279.310 i ,705,313
861,536
837,6 70
3,673,712
Total >->th 0*»‘« ...Dec.
283.136
841,919
28 4.331
Kiahmoml A Daav. Nov. 797.762
031,6b4 1,417.135
July 1 to Nov. 3 0 .... 3,6.0.010 1.011,045
42,799
197.427
60,145
Oeergla t-actfic . .Nov, 205,765
141,160
199,415
337.53-8
July 1 to Nov. 3 0 .... 836.136
23,503
23,971
68,428
Char. Col. A su e Nor.
63,011
97,561
298.533
01,800
July 1 to Nov, 3 0 .... 272.139
27,410
27.14,5
6 YU 4
Cot A Greenville . Nor.
57,761
76,195
239,213
71.693
July 1 to Nov. 30---218,135
65,723
135,379
51,743
Rio Grande West. b.-Drr. 158,227
012,082
3*8.136
Jan. 1 to Dec 3 t— 2,251,973 2.583, i l l
526,336
4 >9.197
July 1 to Dec 31 ... I,tt2.3«l 1,38‘.,451
43,444
170,834
29,961
fan Ant A Aran- P- Dec. 167,859
133.076
372,211
Jau 1 to Deo 31.... 1,881,551 1,039,443
4,649
411
53,*Wt
lav. Amur. A H ost,. Dee.
42,51.3
50.961 113,431
536,69 7
Jan. I to D ee. ;U ... 492.500
17,105
10,020
WMtebrc.wd Fuel Co.Bsc.
......... .
90,0 H
168.211
Jau. t to Dee. 31.......................
40,302
82,737
July 1 to Dec. 31....................
a Net earnings here given are after deducting taxe*.
b Net ear-mas* hare riven are before deduntiug taxes.
r Net .-arrdirB* here given are after deducting rases o«. property.
’ After dedtirtlBsr pro *of(lira du,' road * up(-rab-d mi 1 iirreentago
*
the weekly re
basis, act In December. 1893.was 8tti3,698,
8*02.213 In 1892)
for t we! v© month* to DeosxnlHir31,96.874,840, ;(- *1**‘ $7,183,106* and
1
for (!:r month* from October 1 to Decentlusr 31, ©1,01*3,205, axalnst
>
mm’hUWjt* ---- -a, *2.011,716,
imf
increase.
r. el
#
Interest Charges and Snrplus.—Tho following roads, in
295,300 4-30
199,727 2*31 addition to their grww and net earnings given in the foregoing,
272,632 4*28 also report charge* for interest, &c., with the surplus or deficit
290,772 4*41 above or below those charges.
593.536 8*80
■- In led t, rentals, Jr. ~. ,~U il o f Y d Earns.-.
1,199,338 12*20
1892.
1393.
1892.
1893.
421,338 5*74
8
*
*
*
Roads.
114,117 1 49
513,189
8 3 0 ,0 0 0
8 1 5 ,0 7 3
8 5 1 ,0 4 5
96,699 1*27 Chlc.Burl. A QuInoy.Dcc.
Jao. 1 to Dvo, 31 ,... 9,960,000 9,780,901 3,894,393 1 ,1 7 2 ,5 0 4
107,449 1*01
THE CHRONICLE.
222
_______
ANNUAL
.
-
( F o r th e y e a r e n d in g J u n e SO, ISOS.)
The President’s report -ays the gross receipts for the fiscal
year ending June 80,1898, from the operation of the road and
its branches were $1,569,295. The operating expenses were $896,050, which was 5?T per cent of the gross receipts. The net
balance was $672,089. Out of this net balance the company
paid during that fiscal year $97,879 for taxes in which was ineluded the amount paid for back taxes. The company has
accepted the act of North Carolina as. to taxation. ^ The
amount required to make the settlement with the State,
counties, cities and towns under this act was $76,248, and the
payment of this large amount for taxes made it necessary for
the board of directors to pass the dividend which would
otherwise have been paid to the stockholders on the 1st day of
July, 1893.
The earnings and expenses, and the income account, were as
fo llo w s :
EA R N I NOS AN D E X PE N SES.
1 8 9 C -9 1 .
s
4 2 3 ,5 9 5
9 3 9 ,8 5 8
1 7 2 ,2 8 1
1 8 9 1 -9 2 .
*
4 1 0 ,4 3 3
8 6 3 ,9 5 4
1 7 7 ,6 2 5
1 8 9 2 -9 3 .
*
4 3 6 ,1 5 6
9 5 7 ,5 9 7
1 7 5 ,5 4 3
T o t a l ............................................... 1 , 3 5 0 , 8 5 3 1 , 5 3 5 , 7 1 4
8 5 5 ,6 7 9
E x p a n s e s a n d t a x e s ..................... 6 8 1 , 1 3 7
1 ,4 5 2 ,0 1 2
8 2 4 ,1 6 9
1 ,5 6 9 ,2 9 6
9 9 3 ,9 3 6
6 3 0 ,0 3 5
6 2 7 ,8 4 3
5 7 5 ,3 6 0
N e t e a r n i n g s . . . . .....................
1 8 8 9 -9 0 .
S
3 8 3 ,7 0 6
8 0 8 ,0 9 3
1 5 9 ,0 5 4
6 6 9 ,7 1 6
INCO M E ACCOU NT.
R e ceip ts—
N e t e a r u i n s s ........... ..........................
I n t e r e s t , d i v i d e n d s , e t c ..........
W it. C o l. & A u g . le a s e (p r o fit )
P rem . o n b o n d s & s to c k s o ld .
T o t a l , ................ ............................
D is b u r s e m e n ts
I n t e r e s t o n b o n d s ________ . . . .
In t. o n c e r ts , o f in d e b te d n e s s
I n t e r e s t o n n o t e s ...........................
D i v i d e n d s ..........................................
W il. C o l. & A u g , le a s e (lo s s ).
1 9 9 0 -9 1 .
$
6 8 0 .0 3 3
3 0 1 .1 1 6
1 9 3 ,6 7 8
6 1 ,4 7 5
1 8 9 1 -9 2 .
9 6 0 ,4 7 4 1 ,2 3 6 ,3 7 4
8 9 1 ,8 5 7
6 0 0 ,2 2 2
2 3 2 ,1 7 0
1 7 5 ,0 0 0
3 4 ,7 7 3
2 6 0 ,8 2 0
1 7 5 ,0 0 0
2 6 0 .8 2 0
1 7 5 ,0 0 0
1 8 8 9 -9 0 .
$
6 6 9 ,7 1 6
1 1 9 ,6 7 8
1 5 4 ,6 0 2
1 6 ,4 8 0
200,000
8
6 2 - 7 ,8 1 3
1 3 1 .1 8 9
4 6 .4 2 5
7 9 ,1 0 0
2 3 3 .3 2 0
1 7 5 ,0 0 0
2 6 ,2 2 8
200,000
_
|V o l . L V III,
V- =
GENERAL IN V E STM E N T NEW S.
REPORTS.
Wilmington .V W eldon Railroad.
:
E a rn in g s—
P a s s e n g e r s ........... ..........................
T r e i g b t .................................................
M a i l , e x p r e s s , e t c .........................
■_
200, 0 OO
1 8 9 2 -9 3 .
$
5 7 5 .3 6 0
2 1 ,8 6 2
.....
210,000
2 9 ,5 7 5
T o t a l ...............................................
6 4 1 ,9 4 6
, 6 3 9 ,5 4 8
6 3 5 ,8 2 0
6 7 5 ,3 9 5
S u r p l u s ..................................................
3 1 8 ,5 2 6
5 9 6 ,8 2 6
2 5 6 ,0 3 7
d i '. 7 5 , 1 7 3
Wilmington Columbia & Augusta Railroad.
(F o r the year ending June 30, 1893.^
The report of the General Manager says that the increase in
maintenance of way and structures is due to the large expen
diture of $46,314 for the erection of four new iron bridges:
The cost of repairs to roadway, renewal of ties and repairs to
buildings was much less than last year. The increase of
$40,323 in maintenance of equipment is largely due to the
purchase of new equipment. The large decrease of $79,296
in conducting transportation is due to the diversion of
through freight and passenger business to the Wilson short
line, and the consequent decrease in through train mileage
between Pee Dee junction and Wilmington. The roadway,
track, bridges and buildings have been kept in good repair.
The earnings and expenses, and the income account, were
as follows :
American Bell Telephone Co.—Some of the Bell Telephone
patents expired on Jan. 30.
In Boston. Ex.-Gov. Long,
attorney for the Bell Telephone Co., has tiled a petition
and bill asking that the capital stock o f the company be
increased from $20,000,000 to §50.000,000. The application,
he said, bad nothing to do with the expiration of patents or
fear of competing lines. The company has spent large sums
iu developing its line3 in every State and needs a larger
working capital.
American Sugar Refining Co.—In the suit brought by the
Government to test the legality of the Sugar Trust’s absorp
tion of the Philadelphia refineries, Judge Butler, of the U,
S. Circuit Court, has decided in favor of the company. He
says in his opinion:
“ The principal questions raised are: First—Do the facts
show a contract, combination or conspiracy to restrain trade
or commerce or a monopoly within the legal signification of
these terms ? Second—Do they show such contract, combi
nation or conspiracy to restrain or monopolize trade or
commerce among the several States or with foreign
nations ? Third—Can the relief sought be bad in this pro
ceeding ?
In the view I entertain the first and the third need not be
considered. The second must receive a negative answer, and
this will dispose of the controversy.
“ The Federal Government possesses no jurisdiction over the
contracts, business or property of individuals wirhin the States
—except to collect revenue for its support. Ps powers are
derived exclusively from the Constitution. It has none other
than such as are directly or impliedly conferred by that in
strument: and the latter contains no suggestion of authority
to intermeddle with such property rights. By the Eighth
Section of Article 1, Congress is empowered ‘ to regulate com
merce with foreign nations and among the several States, and
with the Indian tribes.' In pursuance of this power the statute
of 1890 wasenaeted, and, as the terms employed show. Congress
was duly careful to keep within the limits of its authority.
It is ‘ trade and commerce among the several States and with
foreign nations’ that the statutes seek to guard against re
straint or monopoly.”
Of the powers of Congress, Judge Butler says:
“ It may prohibit and punish all acts which are intended and
directed to restrain or otherwise interfere with or disturb
such commerce, but it can go no further. To extend its
authorities to business transactions which have no direct re
lations to This commerce, but which may incidentally affect
if, and to ownership and rights in property not involved in
such commerce, because it may possibly become so involved,
would be unwarranted by the Constitutional provison, or the
statute would draw within the jurisdiction of Congress most
of the business transactions and property of individuals
within the States, and would oust the jurisdiction of the State
accordingly.”
Delaware & Hudson Canal.
Atehispn Topeka & Santa Fe.—A St. Louis dispatch says:
“ On the application of the Atchison receivers for authority to
extend a loan of $2,000,000, secured by a deposit in London of
$5,000,000 of second mortgage bonds of the Atchison Topeka
& Sante Fe, Judge Caldwell, at St. Louis, has granted an order
authorizing monthly payments, reducing the loan in the ag
gregate sum of $500,000, 6 per cent of that amount to be paid
at once and 10 per cent on March 1.”
Of this Dow Jones & Co. say:
“ The Atchison loan in London on the B bonds, the renewal
of which has just been authorized by Judge Caldwell, was for
§2,000,000 at 6 per cent secured on 85,000,000 B bonds. On De
cember 2-9 the receivers arrived at an agreement with the syn
dicate for the renewal of the loan on the following terms:
six per cent interest was to be paid and 30 per cent of the
principal was to be paid off in three monthly instalments of
10 per cent each, the first on January 25, the second on
February 25 and the third on March 15, the rest o f the loan
being renewed to June 30. Certain interests in Atchison
wanted some of the collateral returned in consideration of
these payments, but this was not acceded to by the syndicate
inasmuch as the loan was not properly secured as it stood.
The terms of renewal as finally agreed to and sanctioned by
Judge Caldwell are the payment of 6 per cent at once, and in
stalments of 10 per cent on March 1, April 1 and May 1, the
loan becoming due again on June 30,”
( For the year ending Dee. 31, 1893.)
In advance of the annual report the statistics below for four
years have been compiled for the C h r o n i c l e . The results
show 10-71 per cent earned on the stock in 1893, against 10-11
per cent in 1892 and 7-35 per cent in 1891.
Baltimore & Lehigh.—A decree for the sate o f this rail
road has been granted by Judge Bittinger at York, Pa. The
sale is ordered on a judgment for §261,870 held by W . F.
Walworth of Cleveland, Ohio. The road extends from York
to the Maryland line, forty miles.
INCOME ACCOUNT.
Chattanooga Southern.—The sale of the Chattanooga
Southern Railroad has been postponed from February 20 to
June 20.
E A B S IN G S A N D EX PE N SES.
1 8 9 0 -9 1 .
1 8 9 1 -9 2 .
1 S 9 2 -9 3 .
3 0 4 ,3 2 6
5 6 6 ,1 0 6
1 0 9 ,0 1 0
2 7 4 ,0 1 5
4 7 1 ,4 2 9
1 0 0 ,8 4 2
2 0 0 ,9 6 6
4 2 2 ,5 6 4
9 9 ,3 4 6
Total.......................
Expenses a n d taxes......-----6 4 8 , 1 4 0
9 7 9 ,4 4 2
6 6 5 ,4 3 0
8 4 6 ,2 8 6
6 6 7 ,5 7 4
7 2 2 ,8 7 6
6 2 9 ,5 7 7
Net earnings.............. .........2 9 6 , 3 3 3
3 1 4 ,0 1 2
1 7 8 ,7 1 2
9 3 ,2 9 9
1 8 9 9 -9 0 .
Earnings—
$
Passengers................. . . . . . 2 7 8 , 3 3 1
Freight....................... . . . . 5 7 1 , 4 5 0
Mail, express, etc......... ......... 9 4 ,t > 9 4
$
$
$
INCOME ACCOUNT.
9 6 ,0 0 0
Total...................... .
Balance, surplus............
Receipts—
Total....... ........
1 7 8 ,7 1 2
2 6 ,3 1 4
9 3 .2 9 9
3 3 ,2 2 7
2 0 5 ,0 2 6
1 2 6 ,5 2 6
9 6 .0 0 0
5 7 ,6 0 0
9 6 ,0 0 0
5 7 ,6 0 0
5 ,0 u l
9 6 ,0 0 0
5 7 ,6 0 0
1 5 3 ,6 0 0
Total.......................
IHsbursemertts —
Interest on bonds......... . . . .
Dividends................... .
Col. New. & h. RK.......
1 8 9 0 -9 1 .
$
3 1 4 ,0 1 2
3 3 ,2 6 6
3 4 7 ,2 7 8
1 8 8 9 -9 0 .
Receipts—
$
Net earnings....... .
___ 2 9 8 , 3 3 5
Int., d l v i d ’ s , otberroads, A c . 3 3 , 1 7 8
1 5 8 ,6 0 1
1 5 3 ,6 0 0
1 8 9 1 -9 2 .
1 9 3 ,6 7 8
1 8 9 2 -9 3 .
$
4 6 ,4 2 5 d e f.2 7 ,0 7 4
1890.
$
. 7 ,8 0 0 ,2 0 7
.1 0 ,1 6 8 .6 7 4
.
9 1 1 ,9 6 8
1891.
$
8 ,3 3 5 ,0 1 0
1 0 ,0 6 2 ,3 2 4
7 1 1 ,8 6 9
1892.
$
9 ,6 2 9 .3 3 3
1 0 ,3 5 6 ,4 4 3
4 5 2 ,7 6 5
1893.
$
9 ,9 3 9 . 6 4 8
1 0 ,2 1 2 .4 1 2
5 2 0 ,2 5 8
.1 9 ,1 8 0 ,8 4 9
.1 3 ,1 0 1 ,1 7 6
1 9 ,1 0 9 ,2 0 3
1 3 ,5 1 1 ,7 7 6
2 0 ,4 3 8 ,5 4 1
1 3 ,9 7 7 ,7 5 7
2 0 ,6 7 2 ,3 1 8
1 4 ,0 5 0 ,1 3 1
. 6 ,0 7 9 ,6 7 2
. 3 ,5 1 1 ,3 3 3
5 ,5 9 7 ,4 2 7
3 ,3 9 3 ,3 7 7
6 ,4 6 0 ,7 8 4
3 ,4 2 5 ,3 2 0
6 ,6 2 2 , 1 8 7
3 ,4 0 7 ,6 3 7
.
2 ,2 0 4 ,0 5 0
3 ,0 3 5 ,4 6 4
3 ,2 1 4 ,5 5 0
2 ,5 6 8 ,3 4 0
Colorado Midland.—At St. Louis on Januarv 31 the Central
Trust Company of New York aD p lied to the Federal Court for
a receiver for the Colorado Midland road, which it averred
would default on interest due February 1 on some $4,800,000
of bonds. Judge Caldwell after a brief consideration of the
matter decided to take the case under advisement, but in the
meantime issued an injunction restraining all persons from
interfering with the road by attachments or in any other
JLH CHRONICLE.
E
F eb RUART 3,
223
"The committee representing the objecting bondholders propose that
manner. On Friday the New York News Bureau dispatch
cent
the company's plan,
said that Messrs. Reinhart, Wilson and McCook, who are in place of s pershall bonds, as contemplated byFor ths interest sur
the new bonds
bear 1 per oent interest
the Atchison receivers, were appointed.
rendered by present bondholders it is asked that they be given an
interminable,
debenture
Memphis 3 Charleston.—A committee which had prepared equivalent in to be p ,id only non-cumnlative 4 per cent the deben
2
bonds, interest
If earned. The holders of
a plan of reorganization state that they have concluded not to tures. it is urged, should receive sufficient retires -ntation ia the com
submit it in view of the unfavorable showing of earnings and pany’* board of directors to guard their interests it is suggested
the cash requirements to put the road and equipment in good that the present floating deb- be liquidated from an adequate amount
01 the propos- il new 1 oer bonds (and debenture b inds, if deemed,
order.
do*] ralile). and it ia urged that these bonds shall be offered for subscrip
Lehigh Valley.—A press dispatch from Philadelphia savs tion bv bond and stock holders at a price rather below than above the
probable market value. The committee declares that an indemnity
that through the Kile of $8,500,<>00 city ..f Newark 4 per ceut syndicate should be provided for. as a part of the scheme of reorganis
bonds, the Lehigh Valley Railroad Company obtains about ation. ft is also urged that provision should be made for the conver
#1,650,000. Hie bonds were turned over to the East Jersey sion on fair terms of the reorganization prior lien bonds into the new
4 per cent
-* to secure to
a lien seoond
Water Company by the authorities o f Newark in payment of only to thebond- . »1 ■ consolidatedthe new i per centsTh* new 4 per
* Erie rtret
*
7 ti-r cent bonds ”
the city's indebtedness for its water supply. The Lehigh cents.it is said, should he issued under a general mortgage to an
Valley had a half interest in the water company, and con amount snffi dent to provide for future additions aud Improvements,
sequently receives one-half the proceeds from the sale of the and with an adequate provision for taking up the underlying bonds
bonds. It is said the money will ba applied to the floating with tile 4 Per cents.”
—Suggestions of a different plan for the reorganization of the
debt of the company.
N,*w York Lake Erie & Western Railroad have been made by
Missouri Kansas « Texas.—This company has issued a cir Messrs. Harvey, Fisk & Saks, through the Bond Record, a pub
cular to stockholders giving them the right to autwcriae for lication which tlioy issue monthly. A copy of the Record may
tSto.OOO Southwestern Coal & Improvement Company 1st be obtained at their offi ie, 24 Nassau Street.
mortgage 6 per cent bonds, #200,000 Galveston Houston &
Henderson 1st mortgage 5 per cent bonds, $106,000 Missouri
Northern Fuel fie.—At Milwaukee, January 81, Judge
Kansas & Eastern 3d mortgage 5 per cent bonds. $100,000 Jenkins, of the United State# Circuit Court, decided against
Sherman Shreveport & Southern Railway Company 1st more the application of the board of director* of th - Northern
gage 5 per cent bond#—#1,000,000 torn!—at T per cent and Padtk; for an order to compel the receiver.* to deliver the
O
accrued interest. Transfer hooka close Felt 5th and reopen Feb. stock books And other reocardi of the company. Che G w rt
15th. on which date the ri.h t to subscribe * tp ir c . The entire j justifies th-.- action of the receivers and dentes the entire peti
imue is underwritten at T . Toe money is to !>•applied to tion. The Court state# that the suit is mainly a foreclosure of
O
improvements.
1 the mortgage, and railroad experience show* that a reorganiMobile * Ohio.—At the meetings of the holders o f the gen i ration will pr<->hablj- tie the result of the suit it therefore
eral mortgage 4 per cent bonds and of the debt-lure* o f the ; becomes the du v of the Court to preserve all the property
Mobile & Ohio Rath-pa i Company, hel l at the company's and the books of the company for the fu'ure use of the reor
office in the city of New York. January 8 1 ,18W. the follow- ganized corporation. The Court ought not. in the absence of
teg were selected m directors for the ensuing year: James C. ' ptts’ ing nt:-o ssity, to place the s -ai. stock book# and bond
Clarke, A. Iselin, dr., C. C, Cuvier, F. D. Tapp-n. A. H. i>o<)k» beyond the custody of the Court.
Stevens, Th- mas E. Jevons. James H. M w -n. C. Sidney
In respect l., jBie payment by the receiver* o f compensation
Shepard, E. S. Knapp. E L. Russell, W. Butler Duncan. Jas, j for the aerri <**of a secretary. tr,?a«urer. auditor and clerk-?,
H. Fay and H. B. Plant.
j as may lw needed for the corporation, the Court in it? decision
The following comparative statement of the earnings, oper I*aja:
ating expense*, charge*, etc., of the road for th« six months ! -'The proposition is novel au l strrtling: the maintenance of
ending December 81, 1888, wan submitted In comparison with j the corporate existence is for th * benefit of the stockholders,
the -a me items lo t the *ix month* of 180SL
and the Court should not direct a diversion of the income of
mu
1892.
the road property applicable to the psyment of the interest
or***earning*.......... ... ................. ............. * i * t . M » t .ess ami principal of the mortgages to the cn untcnanco of the or
op. expense-.. taxe* and inramnre i4?-2$ p.n
933,900 l.lict.SSKi
ganization. which exists wholly In the interests of it* atoskM m ......................................................... rrto.sho
#888,033 ; holder*. The Court could m well be asked to pay salaries
PUed charge*. reoU!*. taterwtt, etc................
Sie.SSO
810.311 ! of th" president and bo ird of director* as of the officers
New eotutmetton ............................ 94,931
Principal of em tpat p*(d...... ........... tt»..-.80~ 73.330
77.I'M mwn*-d Even if the right existed in tin- Court to pay these
mtattfs, the Court perceives no necessity for its exercise, as
The position of the company December St. 1893. a* com- Mr. F.,,lieu'* —rvit-.-s alone are necessary and h« still remains
red with December 31,1892. shows the following chang* ; in the employment m the receiver* and as assistant try »*urer
te t » M s r r decreased, P'iQ,000 : deiwnture* in sinking of the corporation, an-l the r - • iv.-r* have indicated their
fund increased, #60,000: oar trust debt ite-crea-ted. fl.Yi.Wi#: willtegue*,* that be should contlutte in such e i p u f i r and dabill* payable decrensed, .$:ifl,308; supplies itK-m-wd, $10,437; ! ’■'tee the aevi-s-ary time to th - performance o f ail duties con
the balance of cash and ra*h asset* in proc*** of ooUeotton nected with the transfers and registration.”
over litbiiitie-, paj-rrjiv, etc., irt proocwi of liquidation de
crease,!, $10.397,
Philadelphia A Reading.—The statement of earnings for
New York J Now England.—Me-,r* PU ttand Perry, the ! December, the first month of the fiscal year, show* the
fc
receiver# of thi* road, have been prohibited by a supplement il following, Ttie results of th- R-tilpud O-imyaoy are given
decree of Judge Wallace from borrowing money wtihout the I first, then those of the Coal A Iron Company, and them the
furtlier order of the Court, made on special j elision forapectiii: rwwlte of the combined oompaotes.
------------- D r r t m b t .r .
purpose*. They have also tw>« ordered to keep separate
ta «1S»2.
1908.
account* of the tamed line*, and to pur oo rant* before April ; BMPtoif) Co«e*xi
8
*
1. 18W, excepting that of the Providence &. Swingti-ld road
1,752.512
.. 1,968.307
due on January 1. ltjUl Tnia order prevented the receiver* i litoet expense#. ...
072.285
.. l,oer..*23
from paying the interest on the second mortgage bond* du*on February 1.
Set # «rol»«»...
780,227
..
876.6*4
K
fiat It im*****If
tm m m I la. n&w| * mggmt* tmiimi* «pp*>rm m
§»
aftar mmfm mmnitmUm nmnne
Total................ ...........
UntiartEnutynieat payment-*,.....
TfsnmtBjil irtt-kagt'
F ren i s
d e « lr v
to #veM emtBtet »ix l delay is til* rehaMiitailmi of the Kn<-"« tl«an<*<—
.
« writ st la hasten It* r*-»MnMi*liRk«at of «onfl<l*sM> at homo and in
S*JTnP* by * prompt,sort »<ptHaW«seUtemeot of rlir financial rfiftt-M
i.
«(#• In w h fs h •< m a n y A m e r ic a n
>
r a ilw a y *
59,788
000,304
840,015
188.076
718.679
126.861
57,000
27.186
720.000
006.7*5
. »ur. 2,eos»
923,847
(list. 83,832
. 1,705,345
, 1.045.761
2,279.310
1*983.856
Set earning*..... . .. . .. . .
5V.CI
295,454
Coltttty Inuiroveroents . ..
63.042
7,780
108,320
.... , : ■
..........
I-rupeiMon y e a r 's o b * r g - l .
fe ta l. ..
OOm . A I n n s C o . -
(Ininrtw’j'ljit*
IM r
tlut
!’ ■ r t n » n -n t I m p r o v e m e n t s
l-roportlno year-* charge*.
or Rtf* •ere-nd urasoiMated men gag* M b noth her,- »«g
jrawau. tn? mstens iwliMI#* VM movement are, of the oplntoa that
*
in* p *i, win
tssaw'optrd hy tti# Nittillmtiter* wtlli
tent timiiit m it y t - a t* * ,- t b s p i,.p n « « - l r M .r m n iM t in n s s o * » « u > .
3,1.520
r»n.>
1I I
**fa- u l i M in
! ■ulnet net wi-uiis
8*2
New fo r * A Putnam.—The New York Stab* Kailroad <<vnmissioner* have approval of the less-, o f the New York Sc
Putnam Railroad <
lately the New York A Northern! by the
New York Central on condition tiwt toe O n-rnl c ratinue •
afford at b a g a* good w-rvice and *rw>mm«d«(in» to thtravelling public and shipper* on the line of the New York Sc
Putnam road a* ha* been hitherto rendered fly the New York
Sc Northern,
New York Lake Erie A W estern—The director* con
sidered this week the points presented in the letter which
certain banker* had addr— d to them in relation to the pro
posed plan of m i p t i t i U o o . The matter is now m the
hands o f the adjustment committee w ho. it I* understood,
will send a formal reply to the letter during the coming
wmk.
T h e New York T rih u rv report* o f that letter that it
A K
286,321
« t . 0,133
..clef. 110,578
.. »ur, 2,600
F.
179.142
..def.119,578
»nr 9.133
di-f. 83,832
i s o f t A l. C o .—
fin d t h - m w - lv e * . th e I,-tie r
mm
' r*A chani** In ib» I t - i pt»n I iiion ».* bow proiwMBil
<rj
is s*o>»r*<1 to fw nafqst. tnsonurit »* it ilfuusmi* a j*m «*w iin stot
>
„([ -a*#t*-»si4«4 SHht, for whit-b r»«> s-jequaie eqwSvaloiM
«
The tatter Skjaets to ths lory lag of a tottmil ‘-01, 101.011 >
u
SB b«s*M*oi<(*r*toroi cb * sohsorLtiori to :!.« now ti«o<1« »t a prte#
ra»n«irt«r» (,.y n r » r am i s h o v e On* m arket v a lo o the*# now Ixnnl* are
Itkvlr 10 fomoisnS."It l# fortbor objootod that tb* Bind obsr*** nn.loc tbo plan appear
to ha ettmmwuM? t*rg»r thaa fho prooarty, ia tbs tight of sxperfeam
*«m ptm *sr»)a«s>, «»# carry with safety
»
dtd.74,099
BaUoee both cympantes . . . . . . . . . .
M et US,960
1’ eorfft Becatnr A Evansville.—This rood having been
put into the hard* of receivers at the instance of some o f the
bolder* of tin* floating debt, the gentlemen named below are
acting a a committee for first aud -econd bondholders. All
holders of said bonds are requested to send their names, ad
dressee and the amount o f bonds held by them to Charles S,
THE CHRONICLE.
224
[ V o l .L V I I I .
Title Guarantee & Trust Company.—The report of this
Fatreliild at the New York Security & Trust Co., 46 Wall
Street. The committee is made up as follows: Charles S. company was filed at .Albany too late to appear with the
Fairchild, President of the New York Security & Trust Com other companies in previous issues of the Chronicle, and we
pany; James Stillman, President of the National City Bank; give it here to complete the record.
Resources.
Edward N. Gibbs. Treasurer of the New York Life Insurance
J-«ne30.1S93. Dec.31,1893.
Company; John H. Washburn, Vice-President of the Home
Bonds and mortgages.................................. $2,039,098
Insurance Company and E. Randolph Robinson.
$1,353,212
Railroads in Massachusetts.—The following roads have
reported to the Massachusetts Commissioners for the quarter
ending Dec. 81. and we give the six months of the fiscal year
in addition.
FIT3HBURG,
s-Qitar. end. Dec.
3 1 .—
1893,
1892,
3 ,6 7 4 ,5 3 5
2 ,4 8 4 ,0 8 8
6 5 4 ,0 8 9
1 ,2 4 3 .2 3 2
1 4 ,3 1 0
1 ,1 9 0 .4 6 7
1 4 ,6 9 2
—
S u r p l a s ................ . . . .
1892.
4 , 0 2 8 ,8 5 7
2 ,7 8 5 ,6 2 5
5 9 7 ,2 6 9
T o t a l ...................... . . . .
I n t ., r e n t a ls & t a x e s . . .
31—
1893.
1 ,8 5 0 ,0 9 4
1 ,1 9 6 ,0 0 5
G r o s s e a r n i n g s ........ . . . . 2 ,0 2 0 ,4 7 0
Operating exp's... . . . 1 ,4 2 3 ,2 0 1
N e t e a r n in g s — . . . .
O t h e r i n c o m e .............
^-6 mos. end. Dec.
5 9 7 .2 6 9
3 7 0 ,3 6 1
6 5 4 ,0 « 9
3 9 1 ,1 5 8
1 , 2 5 7 ,5 4 2
7 2 5 ,2 0 6
1 ,2 0 5 ,1 5 9
7 7 2 ,8 9 5
2 2 6 ,9 0 8
2 6 2 ,9 3 1
5 3 2 ,3 3 8
4 3 2 ,2 6 4
BOSTON & ALBANY.
r Gmns.end. Dec.
—
r-Quar. end. Dec. 3 1 .—
J 892.
3 1 .—
1893.
1892.
1893.
$
*
$
$
G r o s s e a r n in g s ........
O p e r a t in g e x p ’s . . .
2 ,6 3 2 ,9 9 3
1 ,8 4 2 ,1 5 3
2 ,4 2 3 ,6 9 7
1 ,4 4 9 ,5 0 5
5 ,2 1 6 ,9 5 0
3 ,6 7 6 ,2 5 2
4 ,9 8 1 ,1 0 1
3 ,4 1 7 ,2 1 0
N e t e a r n in g s . .
I u t „ , r e n t ’ Is & t a x e s
7 9 0 ,8 3 9
7 1 0 .7 8 4
9 7 4 ,1 9 2
7 6 1 ,2 2 4
1 .5 1 0 ,6 9 8
8 4 0 ,7 2 0
1 .5 6 3 ,8 9 1
8 .-2 ,6 8 9
Surplus.................
8 0 ,0 5 5
2 1 2 ,9 6 8
6 9 9 ,9 7 8
6 7 1 ,2 0 2
Railroads in N York .State.—The following roads have
ew
reported to the New York State Railroad Commissioners for
the quarter ending December 31, and we give in addition the
results for six months of the fiscal year.
buffalo
Rochester
.sfP i t t s b u r g .
-6 mos. end. Dee. 31.1893.
1892.
$
$
1,687,324 1,718,721
1,205,356 1,201,386
1893.
Pjg
807,297
550,752
1892.
$
Gross earnings........... 837,666
Operating expenses... 613,187
221,179
5,937
226,545
10.890
481,968
10,719
514,335
18,214
Total...................... 230,116
lilt., taxes and rentals* 175,628
237,435
209,304
492,687
350,279
532,549
424,908
28,131
142,408
107,641
Net earnings.........
Other income..............
Surplus.................
54,488
* Includes interest on floating debt, extraordinary expenses and im
provements, etc.
W E ST E R N N E W Y O R K
Gross earnings.........
Operating expenses..
& P E N N SY L V A N IA .
Guar. end. Dec. 31.— s-Six mos. end. Dec. 31.—
1892.
1892.
1893.
1893.
$
s
$
$
806,673 1.918,139 1,695,503
.. 616,276
558,961 1,242,653 1,227,402
Stock investments (market value)...............
Amount loaned on collaterals......................
Cash on hand and on deposit...........................
Plant..................................................
Other assets.....................................................
551,soo
126,540
294,803
551,500
101,885
700,228
450,000450,00
111,485
81,076
Total....................................................... $3,626,423
$3,737,901
Liabilities.
Capita! stock paid in................................... $2,000,000
$2,000,000
Surplus fund.....................................................
824,550
861,632
General deposits, payable on demand.........
573,407
663.421
Other liabilities.......................................................
228,468
212,848
Total...............- ...................................... $3,626,425
$3,737,901
SupiHem.e7i.lary.
Am’t of debts guar, and liability thereon—
None.
None.
Interest and profits received last 6 months.
$439,188 '$750,609
11,841
*20,248
Interest, credited depositors same period---Kxpenses of the institution, same p e r i o d . 223,971
418,648
Bit’s declared on capital stock, same period.
60,000
'120,000
Deposits on which interest is alLowed.........
573,407
651.821
Rate of interest on same..............................
...........
1 to 4
"For full year 1893.
Toledo St. Louis & Kansas City.—Some time ago a com
mittee representing 500 men employed by this railroad filed an
application in the United States Circuit Court in Toledo, where
foreclosure proceedings are pending, asking the Court to set
aside an order made by the receiver reducing wages, which
schedule was ordered to take effect from and after Nov. 1,
1893. Judge Ricks required the receiver, Mr, S. R, Callaway,
to answer. He did so, claiming that the reduction was neces
sary because o f an unexampled decrease in the earnings of
the road. Judge Ricks has now rendered a decision in which
he recognizss the right of the employees to petition the Court
for grievances and commends them for seeking a peaceable
settlement. The Court recites the general depression existing
throughout the country and the fact that every railroad and
manufacturing establishment has found it necessary to reduce
wages. He says further that if the reduction was a mere
matter of personal preference or sympathy, neither the Court
nor the receiver would reduce the wages, but in this case they
owe a duty to the credit ors as well as to the employes ; there
fore the Court declines to hear testimony and Investigate the
action of the receiver.
United States Express.—The negotiation by which this
company secures a profitable contract over the lines of the
Chicago Milwaukee & St. Paul Railway Company is reported
as completed. The contract had been under discussion fo r
some time, and was concluded a short time ago by Thomas C.
Platt, President of the United States Express Company. The
new contract, it is said, secures to the United States Express
Company the exclusive right of operating on all the lines em
braced in the system of the Chicago Milwaukee & St. Paul,
and runs for ten years. The territo ry to be covered consists
of 6,180 miles of track.
63
247,712
5,672
675,486
63
Union Pacific.—The United States Circuit Court of Ap
468,106
5,944 peals, sitting at Omaha, has decided the action begun by the
. 339,502
. '214,000
253,384
318,124
675,549
379,588
474,050
63 i,79 3
Net earnings.
Other ineorne..
125,502 del.64,740
295,961 df. 160,743
* Includes interest on equipment and real estate mortgages, &c.
Richmond & Danville.—The following communication
•was sent to the holders of Richmond & Danville floating debt
by Mr. F. P. Olcott, President of the Central Trust Cctnpanv.
The letter is from Mr. Coster of Drexel, Morgan & Co :
“ The Richmond Terminal Reorganization Committee stated that, in
order to do no injury to the holdors of the Danville floating debt, they
had. last summer, obtained an order of Court allowing the receivers
to consent that any such holder of stocks or bonds affected by the
plan plight deposit them on the same basis as other securities of the
same issue, and hold the reorganization receipts as sulitituted collatoral. They said that the floating debt directly concerned the Rich
l & D a T lY illO R a i l rft51fl
t!fl i t s T
‘fAY>Aium-a
a-nid t h o t virli 11
t-u
United States to compel the Union Pacific Railroad Company
to operate its own lines of telegraph. The railroad company
had leased its telegraph lines to the Western Union and the
Circuit Court held that such a transfer was in violation of the
charter. The Appellate Court reverses this judgment, hold
ing in effect that Congress would not grant to the railway
company a telegraph franchise and so prescribe its use or the
power to deal with it as to make it a burden.
—On Jan. 27 an order was issued by Judge Dundy in the
United States District Court at Omaha reducing wages on the
Union Pacific, onaccount of the great decrease in earnings
and the fact that its schedule of wages was higher than other
roads, and enjoining the men from striking. The petition
specified in detail the wages to be paid in each branch and
said that the object sought was the equalization of wages.
------
tuiuimupi! oau hioffcu upon most oi it a8 sumcieiitly well
secured if the proposed reorganization were completed, and had
therefore felt, as they still feel, that they must have power to redeem
it. they do not reel authorized now to commit themselves by any state
ment as to its payment.
“ The falling oil in railroad earnings during the past eight months
as well as other circumstances, has resulted in a largo additional ac
cumulation of debt, by the corporation and its receivers. This complication Is likely to involve some changes in the plan. The Reorganiza
tion Committee must also consider the probability as to the contin
uance of small earnings during the next year or two with reference to
the future fixed charges under the plan.
"In reply to inquiry, they stated that the grarantee syndicate was
considered by them as still in foree, but they did not wish to lie under
stood as implying that this solved the new problems presented to the
Reorganization Committee, including those of largerdebts and smaller
earnings. From geimral conversation the inference that we gathered
Was that some of the debt might be more amply secured than the rest,
and that there might he a difference made in this regard, although no
such eon elusion lmd been reached.
n0
“The general subject, of adapting the plan to existing conditions Is
havme considerauon at the present time, and they are leek gto pro
ln
mote it to the advantage of all. The committee assured us that they
would give your committee sixty days notice of the sale of the Daneent mortage'” "thef0reel0Bure Proceedings instituted under the 5 per
-Messrs. Speyer & Co. announce that the sales o f the new
50-year 4 per cent United New Jersey Railroad & Canal
Company first mortgage gold bonds have been so large here
and in London that no public offering of the same will be
made. JThey bought from the Pennsylvania Railroad Com
pany $5,646,000 of these bonds two weeks ago, of which
amount only a small balance remains unsold.
-The Bankers’ Almanac and Register for 1894 (January
edition) has just been issued by the Homans Publishing Co..
233 Broadway.
—
The Securities Press of Philadelphia, have issued their
annual publication known as “ Philadelphia Securities.” The
work has been broadened so as to take in the entire State of
Pennsylvania.
—Messrs. Gay & Stanwood, Boston, offer Worcester
Nashua & Rochester first mortgage gold fours. Tne road is
leased to the Boston & Maine, See particulars in advertise
ment.
THE
F e b r u a r y 3, 1894.j
JJhe
O P om m ercxal
COMMERCIAL
CHRONICLE.
C O T T O N .
J im e s .
F r id a y N ig h t ,
T he Movement
EPITOME.
Friday S ight, Feb. ?. IS91.
The following is a comparative statement o f stocks of
leading articles o f merchandise at dates given:
1894.
Fed. i.
P o r k ......-,.....-..- ......... bbls.
........hh»ls.
Tobacco, foreign— ...... bales.
Ooffee, Klo.............. ......... }>**»•
Coffee, other...........
........mats.
Bngar........ ............ ___ bores.
f c r . r : : : : : : ___ ’.hints.
Molasses, foreign ..
Molasses, domestic
H ide*............. . .. ............No.
Bo*ln...................... ......... bbls.
........bbls.
» o e . E. I ............... .......baits.
Bloe, domeetlo........
Saltpeere........ ........
late bane............... ....... bales.
Manila hemp.................. bale*.
Sisal hemp.... ................ bales.
Floor...............bbla. and sacks.
225
1894.
Jan. 1.
11,247
12,460
15.292
42,968
188,726
22,594
55.419
None.
None.
102.901
None.
None.
4,OKI
149.300
257,260
33.983
1,835
2,323
2.‘•00
2,750
None.
4.000
6,600
2,658
4.6 ill
209,760
1893.
Feb. 1.
6,493
100*7-1
15,722
43,679
122,514
12,697
52,173
101
Nona.
106.192
None.
106
1.2O0
182,600
237,373
30.697
1,352
2,130
3.250
2.900
None.
5.500
7,700
2,056
4,64 i
213.700
8,249
5,n«j
17,140
42.664
194.857
3.21 2
37,512
None.
None
154.910
Nona.
143
3.000
276.10 >
299.208
13,284
1,835
3.512
3,2 J
O
6,700
None.
15.000
42,250
None.
1,680
198.700
General business continues light and of irregular CharacterDemand develops only under pressure of most positive necessi
ties and ceases the moment buyers have secured a sutHcicn1
quantity of goods to insure an ordinary trade assortmentSelections are confined closely to thoroughly staple articlesSpeculation in merchandise has been o f very moderate pro
portions. The quiet conditions of trade are attributed to a
feeling that it i» well to await the results of legislation an
tariff measures, cow in progress before engaging in more <:*
tensive operations. Cotton still fails to attract satisfactory at
tention from domestic consumers. Grain, flour and cured
meets have told very slowly to home trade, and attracted no
attention from exporters except upon receipt of positive
orders. There has been a smalt decrease in the output of
flour at the Western milling centres. The movement of
grain is shrinking somewhat at interior localities. Latest in
telligence serves to confirm previous reporta o f a sufficient
covering of snow upon winter wheat to afford very general
protection against recent cold weather, and ad rice* of damage
are very rare. A gradual increase of budnesa* in the iron
trade is reported, without gain in price.
Lard on the spot hast continued dull and price* have weak
ened a trifle, clewing dull at 7} j'c, tor prime City. 7-iKie. for
prime Western and 8"2>c. for reilned to r the Continent, Tne
■peculation in lard for future delivery has been dull and
prices have declined, closing easy.
DAILY CLOSIN MUCK* OF LARI) VCTCRR*.
G
mu.
Man. Ton,
Wed
H*00 7U3 7*8*
7-;5
7-8.5
....
7-82
7i40
7-90 7 87 7-70 7-85 7 *5
4V,
7'83
Marsh.
7-8 .
M ay7-8 i
Pork ha* met with a slow trade and price* have declined
to $14 2.) a! $! i 90 for mesf. Cut meats have been steady.
Tallow bn* been fairly a«: ice, closing steady at 5 la <t5W
Cotton Med oil has weakened with lard, closing at M e. tor
prime crude and 31 i 3 t 'j c . for prime yellow.
Coffee met with alow indifferent demand, was offered with
great* r freedom, and further declined in value. Rio quoted at
l ’ H for No. 7, good Cticuta at 21<g21
Je.
and interior Padank at 2 3 ^ 974c. Contracts for future delivery sold
lightlv, offerings were rather urged and tone was easy. At
the clo*e the feeling is a sh-ule firmer.
The following are the final asking prices :
of the
February 2, 1894.
C r o p , as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 118,748 bales,
against 154.353 bales last week ancl 159,917 bales the previous
week; making the total receipts sines the 1st of Sept., 1893.
4,913,793 bales, against 4,067,771 bales for the same period o f
1892-3, showing an increase since Sept. 1, 1893, of 846,021 bales.
Sat.
Mon.
2,783
Receipts at—
1,906
......
794
6.3 SS 11,773 14,517
230
134
1,158
512
1,639 2,203 2,001
......
......
683
814
397
977
......
......
58
163
135
108
___-1
......
......
411
1.906 2,536
610;
535 1,729
.........
......
......
430
695
439 1,069 1,101
1,217 {
......
......
137
117
6901
Velasco. & o ----New O rleans.. 10,175
523
M obil© .... . . . . .
S avannah.........
B n m sw % A e.
Charleston.......
PL Royal. Ac.
W ilm ington___
Wash-ton, A c.
West P oin t...
N’ port N., Ac.
New Y ork ........
B oston ..............
B altim ore.........
Phlladelpii’a A e
3,085
1,220
......
195
......
2,115
1,550
......
552
1,224
......
190
5,866
Tues.
Wed.
Fri,
Titurs.
740
1,391
......
2,577
115
1,851
......
543
5S2
304
1,081
......
354
404
Total.
3,467
276
4,282
156
59
2,213
324
......
16,153
1.069
49,713
2,316
571
13,08(1.
1,007
3,986
53
1,601
418
3
3
9,306
2,024
5,59 7
92
2,197
2,197
630
2,307
131
4,321
1.S46
629
79 1,617
Toths this week 23,612 19.231 22.695 25,637 i 8.559 17,014:116.74 8
The following shows the week's total receipts, the total since
Sept. !. iv.i.'. .'.'sd tin- .d-«-k to-nigb'. comp i:v 1 with last year.
Receiptt to
Feb. 2.
1893-94.
Tbit Since Sep.
p * k . 1, 1803.
1992-93.
This Since Sep.
Week. 1,1892.
Galveston.. 18,153 909,531 14,831; 904,487
879
Velasco, Ac,
31.126
37,73-’
1,069
New Orleans 49,713 1,517,817 33 931 1,201,034
Mobile.........
2.316 172,032 5,095 145.916
Florida.......
30.951
470
25,902
571
Savannah... 13,080 825.223 9,312 834,152
733 133.390
Br'wicit.Ac 1,007
50,506
Charleston..
3,986 309.422 2,929 231.285
P. Royal,Ae
49,397
324
53
......
Wilmington.. 1,601 178,640
DG 151.732
3
Waah’ft, «ke
678
3
180
1.3
Norfolk......
9,30b- 399,551
3,983 203.063
West Point 5,597 197,972 1,542 173.120
N’p'l N.. Ac 3,197
46,394
249
15.918
New York...
236
51.145
30,552
2,307
Boston........ 4,371
60.801
C .'310 2,430
O
1,9 46,
Baltimore.
40,983, 2,705
41,332
32,234
1,347
28.743
Pfcliadel.,dw. 1,617;
Stark.
1894.
1893.
135.885
690
352,0*3
41,096
98.846
1,171
351,926
10,869
93.016
1,024
04,031
......
18.040
87,413
7,500
44,717
»*«•••
8,574.
67,689
5,791
12.763
251,087
25.000
22,788
9,717
30,076
8,432
585
299,251
25,000
23,477
12.169
’fufalis... . . 116.748 4,913,792 80.863 4,067,771 1,101.944 1,060,309
In order that comparison may be made w ith other years, w o
give below the totals at leading ports for six seasons.________
Receipts « l— j 1994.
j 1893. | 18112.
Char* ton,A*
17,282
49.713
2,318
13,070
4,044
WBffl'WBpVe
Norfolk___ ’
W, Poiof ■
&6»i
All ether - .
9,3067,794'
11,669
TotthU <**.
U«,714j
New Orleans;
Mobil© . . . . . .
Savannah..
13,710
38,634
5.095
9,512!
2,929
8*1
1,69*1
3,935
1,791
7,920|
26,661
70,049
0,75 4
14,015
7,961
2,774
10,623
9,162
13.041
1391.
1890.
1889.
18,64 4
50,040
7,783
22.250
12,933
3,071
16,420
11,491
19,239
17,803
43,712
6.468
18.218
3,151
1,648
14,216
12,308
19,726
11,239
38,239
4,528
14,673
7,609
1,906
7,429
20,926
19,708
86.883) 108.543 180,8(8
110,233 126,347
SlneeSeio l •913.793 4087,771 350 4,088 5 422,507 5102,678 4600,714
F e b .,,..............16-4V m May................... IV 7 0 * t A nt. ..
„
u -y
The ex . ts for the week ending this evening reach a total
1
.............. . . . . 1 0 15c. : J u n e ..................... Ify'jQr I
............ ■ ’ *1 f 7 o 0
of 13.5,83! >des, of which 74,001 were to Great Brita in, 11,329
Apr................19 IKs. I July...............ti. »ov, I
to France and 48,001 to the rest of the Continent. Below are
.
togars in better demand, scant supply and higher, dos
ing firmly for all grade*. Centrifugal quoted at 3«,'n. for !J6- the exports for the week and since September 1, 1893,
Wak lin.lUuj Feb. l.
From Sep!. I , ISO i, « 5W ..9 .M W 4
deg test and Muscovado at 2?*c. for 89-deg test. “ Refined
E p r dto— __
x o te
B iK -l tox rh
sugam declined and were dull, but close with hotter trade and
Gnat
Conti Total
Great
tan ti
firmer;granulated quoted at 4 <4c. Other stanlegroceries quiet.
/mm—
total.
BHVn . Frame nent. Week. Britain. France. ne fU.
Kentucky tobacco ha* sold rather slowly, but prices have
held steady.
*
18, S 7 470,7,% 02,170
»t>
U a L e s t o u f . .. 14,142
86,101 049,610
7m
.....
70©
27,307
27,1167
The speculation in the market for Straits tin has been dull v»la*eo, A c ....
and price* declined, 1st
s# to wmk&x advices from Now O rtean *.. I M 12 10,542 20,*48 45*802 401.447 015,711 351,a.-,s 1.069,114
......
......
.... *
20,745
.VIoMi© & Pen * . . . . . .
5-jO
27,248
abroad, but the clow was firm at 19 We. Ingot copper h is
70©
703 105.050 82*897 275,000 $14,455
continued slow and prices have declined slightly, closing at i * F a i m « h . . . . * . . . . . . . . . . . .
..
43,915
......
B ronsw ic*..
M .9*i
%m
6.830
9 75c. for Lake, Lead ha# made A slight further improve- C h arleston*... .. 10.275
3.310 13,5*?. 187,454 16,200 106,560 310,229
ment and the close was steady at 3 3 ’c, for domestic. Spelter m s ml a * t o o .
......
65.028
so, m
145,193
....
has been without change, closing dull at 8’60c. for domestic. S erial k ............ t . m . . . . . . ......... 2,47*4 112,880
850
io ,« ? e 123,660
Pig iron is quiet and unchanged at $ll®$14 for domestic.
5,971 . . . .
87,553
W est P o in t .,..
6.550 15 HU
72.0.7
14,006
Refined petroleum h quiet at 5 15c. in bbts.. 2-flSc. in hulk N 'e't New*, A c
20,4 60
...
......
20,480
and 6 23c. m caws: crude in bbls. is unchanged, Washington Saw Y o r k ....... 10,522
3.1KJ0 21.115 285.270 11,050 124,681 401,010
es;
a .d s i la s .e is
126,406
8 ,«* l
closing at 9c. in bbts. and 3 50c. in bulk; naphtha, 54£c. f ’rude B o s t o n ............ 8,381
86,Sib! m .* S 7
33,502
4,189
4,4*15 5,800
certificates have been steady, closing with buyers at 80c. Baltim ore------- 1.374
10,653
8,285
452
m
J3,288 . . . . . .
h ila delp 'a <ke
Spirits turpentine has advanced, closing firm at 8t«@ 82c.
Ro*in has been dull but steady at $1 llhai 16 for common
and goed strained. Wool is in fair demand and steady. Hops
ar® dull and unchanged.
T ou u ............
74,001
11,223 48,864 133.834 2,027.400 475,521 .1,675,013 3,577,934
7.245
Total. 1892.93,. ia.hr,9
* In clu din g P ort R oy »L
41.70©
811.51
m r .m a s ib .M *
►*, I
0
3
< £. 08S®3.
In addition to above exports, our telegrams to-night also
ive us the following amounts of cotton on shipboard, not
oleared, at the ports named. We add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert & Barrows, 24 Beaver Street.
®
e
<5*
®E
■2
a
O S HU I f H O AR D, NO T C L E A R E D — F O R
Feb. 2 at—
Other
Foreign
Great France
Britain.
Coast
wise..
Total.
M o b ile ...............
N o r f o lk .............
N ew Y o r k .........
O th e r p o r t ___
24,691
6 ,9 6 6
N one.
N one.
N one.
N one.
500
N one.
14,727
6,046
7 ,000
9 ,425
800
2 ,500
8 ,150
17,000
2,393
5 ,8 9 6
1,800
100
N one.
6 ,0i»0
N one.
N one.
72.9 96
46.9 97
13,900
15,625
4,500
2 9 .0 0 0
14,050
36.00
279.C52
88,088
79.1 16
4 8 .1 5 6
3 6 ,5 9 6
38.669
237 .03 7
61,242
T o ta l 1 8 9 4 ...
119.071
3 2 ,1 6 0
05,018
16,189
233 ,00 8
T o ta l 1 8 9 3 ...
T o ta l 1 8 9 2 ...
6 4 ,4 6 9
79.5 95
25,0 46
30.7 83
63,957
77 459
7.184
9,742
160 ,65 6
197,579
E ggP.S-*
_.; to
899 ,65 3
1 ,045,607
S a t.
M id d lin g ___ ....................................
615,
7^8
8 i lM
83#
815,.
7
7U U
8 l0
S a t.
IT Ion T u e s W e d
M id d lin g F a ir................................
GULF.
M id d lin g ..........................................
G o o d M iddling...............................
M id d lin g P'air................................
73,*
7^8
8 5lrt
8 »s
9 3 ,„
S T A IN E D ,
S a t.
S trict M id d lin g.............................
G o o d M id d lin g T in g e d ...............
9
615.
7<58
8 l 16
838
7 7s
She
S '*
9S„
611,8
7«8
lu ie t ..................
Meady
ad.
Q’ t & B fy .h s dojulet ..................
Q 't A s t ’ v .i ip d c .
Q ’ t & s t ’ y . ije dc.
Con
tract.
....
200
73
2131
1111
71
139
°
►
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to
to
w
w
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6 6 °6
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a
itx x o x
H H °H
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"4 *4 ^
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-jOkO *
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' x °ob
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to
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y if* **
1S©1
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© * b °©
0
D<l ^
66
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to to w ^
i
;
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7*
c 6 °©
ww ©
XX
66
^
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.
a «:
to
x x o x
m o° 6
O X I*
P
XX >
^
► -6 ®
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i *.*>:
XXOX
h - ° o
it* w o
XX >
®
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g
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C G O 00
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tblO® M
toco co
0 C O0
0O 0
XX
| °? <
1o
©
It* **
1
:
to
, x o x
16 ° 6
y
y
^
W it*
I a t,:
xx S x
HW 1
*
-*
It*-© I*
t-
p j.0 ^
C 00__ 05
O
II
I «:
II
►
i a: f
la
F r i.
I1
69,6
7^
723, 2
715i 6
81,100
141,300
143.90b
132,700
95,300
154,900
5
®
.
1
y
XX ©X
6 6 °©
If-O ©
►
11 :
l a: :
l l
273
213
411
671
139
XX
6 ©
►
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to
i I 5
Sales o f
Futures.
-4-1 <
ebeb ®
03 0*01^
I o .00:
©
0X00
cb o°tb
OM X
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cb© ®
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7
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16 ° o
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II
71,8
7%
83,6
8>
4
9318
Total.
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to »-*«•<
1 © i°
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•x c x
X Its
C 10©
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66
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to to
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8
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81 , a
Con?pccsu m p. u I't'n
to
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6 'h c
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a
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F r i.
SALES OP SPOT AND CONTRACT.
E x
p ort,
y
3® •dvJC'J
m
MARKET AND SALES.
CLOSED.
0-4 ►
©
coco
>-b
i
7 is
71’h f
8H
89 f
9^8
IT Ion T u e s W e d
6 H ia 63i
7^8
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721,a 7 20 ^
8l.«
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<
F r i.
7 15ie
8q
813l8
3««£
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! i < I I < 00 1 2<
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T il.
73,g
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e:
cq.
r
fGD-O
aJK
: Eg
|
J lo n T ile s W e d
U PLAND S.
r
: E|»
:
March.
On this basis the prices for a few of the grades would be as
follows:
e:
1.
7
ts: co
®: i
A v e r . . 7 ’89
3 7 ,1 0 0
7-85 » 7-94
7 '8 5 — 7-86
G ood O rd in a ry ................. c. l ’ s off.
G o o d M iddlin g T in g e d ...
E ven.
S trict M iddlin g S ta in e d .. h-. oft.
M id d lin g S t a i n e d ............. 7, , oft.
S trict L o w Mid. S t ti n e d ..
off.
L ow M id d lin g S tained___ 1 % " off.
5•o
5
3: p
® ^ 0^2,
® « x © X cc®*
* * ©►
*
1 97 ,80 0
7-85
F a i r ...................................c. l k i on.
M id d lin g Fair. ........... . . . 7s on.
S tr ic t G o o d M id d lin g........
on.
G o o d M iddling.................... 5^6 on.
S tr ic t L o w M id d lin g.........
oil
L o w M id d lin g ........ : .......... h e Off.
S tr ic t G o o d O rd in a ry........ l a , , off.
*• S
© ®
C
®
P2-"
* . M
5
&o C
P
p X©~ 6
g
O'tJ bo
O
i s g * ® ©"©"S' — S'&ftS
aOOOi
■ I .| |
'6 . p.pS
-1
f^r- cr
^. ©
,
Speculation in cotton for future delivery at this market has
been slow, with moderate fluctuations in value. In com
parison with the previous week there was a marked falling
off of crop movement, both at the interior towns and at the
ports, but that feature as an apparent stimulating influence
was neutralized by the indifferent character of demand. The
speculative element manifested no desire to make further in
vestment, previous considerable closing up of the “ short”
interest curtailed the inquiry to cover engagements and the
business with home consumers was exceedingly small. Spin
ners complain of an accumulation of goods. Cable reports
have indicated a disposition at Liverpool to follow rather than
lead this market. The week under review opened on Satur
day with a drop of 4@5 points because the foreign
news was tame, but recovered and closed at 5@6
points net gain in consequence of estimated small
crop movement in prospect. During "ondav there was con
siderable irregularity in response to variable advices from
abroad and some differences of opinion regarding crop pros
pects, finally resulting in 4 points net gain. Tuesday’s deal
was largely confined to small local trades, and left the market
at a loss of 6 points. There was a further net decline of 4
points on Wednesday notwithstanding better foreign advices
and a continuation of light crop movement. The tone yester
day was steadier, but only about 2 points net gain made in
consequence of indifferent demand. To-day, under disap
pointing advices from abroad and continued absence of de
mand, the long interest was liquidating freely, and rates
further shaded 10(811 points, closing unsettled. Cotton on
the spot has been dull and closes at 7 15-16c. for middling up
lands.
The total sales for forward delivery for the week are 749,700
bales. For immediate delivery the total sales foot up this week
1,707 bales, including— for export, 607 for consumption,
— for speculation and 1,100 on contract. The following are
the official quotations for each day of the past week—
January 27 to February 2.
Rates on and off middling, as established Nov. 22 by the
Revision Committee, at which grades other than middling
may be delivered on contract:
W O (v £
rr© ” P. C ®®®
S ®® £ C*« ©
*
3
-
868,876
Charleston.....
H
§3e!
S 'a E g 1 C © © ®
D
i3 i
0•1
Leaving
Stock.
31.1 82
28,089
6 ,10 0
6,10 0
3,700
2 0,5 00
5 ,400
19,00<
NewOrleaus...
G a l v e s t o n ......
S a v a n n a h ..........
Sat’ d a y .
M onday
Tuesda>
W ed ’ day
T h u r’d ’ y
F r id a y ..
rV . L 1II,
oL V
L'HE CHRONICLE.
226
l I 3
I a: :
ia
II
►
-e
5
II
Id
II
IO
II
II
I I:
I d;
x In clu d e s saLes in S eptem b er, f o r S ep tem b er, L.7 > ; S e p t e m b e r O cto b e r, fo r O cto b e r, 2 6 7 ,8 0 0 ; S e o te m b e r-N o v e m b e r f o r N o v e m b e r ,
7 1 7 ,9 0 0 ; S e p te m b e r-D ecem ber, fo r D e ce m b e r, 1 ,8 6 2,4 90 .
The following exchanges have been made during the week;
•24 pd. to e x c h . 109 F eb . f o r May.
15 pd. to e x o h . 100 M ay f o r A ug.
•07 pd. t o e x c b . i . e o o May f o r I’ ue.
•21 pd. to e x c h . 1 ,5 0 0 Feb. f o r M ay.
•i4 pd. to e x c h . 100 Feb. fo r Apr.
•16 pd. to e x c h . 10 0 Jan . fo r A pr.
15 pd. t o e x c h . 1,700 M oh fo r May.
•04 pd. t o e x c h . 1.000 J u ly f o r A ug.
E v e n 3 0 0 Jan . fo r F eb
•07 pd. t o e x c h . 100 A pr. f o r M a r.
12 pd. to e x c h . 1 ,5 0 9 Feb. f o r A p r,
*19 pd. to e x o n . 5 0 0 Feb. f o r M a y.
*12 pd. to e x c h . 5 0 > Feb. fo r A p r.
•07 pd. t o e x c h . 3 0 0 A *r f o r M a y.
*2 0 p d . to e x o h . 3 ,5 0 0 Mch. f o r J ’ ne.
•14 pd. to e x c h . I , *00 M oh fo r M ay.
•06 pd. t o e x c h . 3 0 0 M ch. fo r A p r .
•10 pd. to e x c h . 1 0 0 Feb. f o r A p r.
•15 p d . to e x c h . 200 M a y f o r A u g.
T he V isible S u p p l y of C otton to-night, as made up by cable
and telegraph is as follows. The Continental stocks, as well a s
those for Great Britain and the afloat are this week’s returns ,
T o ta l.
607
.... 1,100 1.707 749,700 and consequently all the European figures are brought down
to Thursday evening. Bat to make the totals the complete
t h e S a l e s a n d P r ic e s o f F u tu res are s h ow n by the
figures for to-night (Feb. 2), we add the item of exports from
following com preh en sive table.
the United States, including in it the exports o f Friday only,
_
_
....
....
300
600
....
F bruary 3 1 M
e
, 8 .J
THE CHRONICLE.
If'in.
1893.
1892
1891.
Stock at Liverpool....... bales. 1,600,000 1,615.000 1,660,000 990,000
Stock at London.....................
7,000
5,000
8,000
21,000
Total Great Britain stock 1,607,000 1,650,000 1,668,000 1,011,i 00
S;
-t!
..................
20.100
200.1
0,200
3.800
Stock at Bremen..................... 212.000 212,000 115,000 193,000
Stock «t Amsterdam..........
10.000
17,000
24,000 19,000
Stock at Rotterdam...............
200
300
300
400
Stock at Antwerp...................
12,000
6,000
3,000
7,000
Stock at Havre........................ 419,000 40?.* 00 280,000 217,000
Stock at MaRKil.es.................
8.000
7,000
7,000
3,000
Stock at Barcelona ...............
54.000
38.000
90,000 95,000
Stock at Genoa.......................
9,000
7,000
9,000 10,000
Stock at Trieste.....................
16,000
9,000 13,000
10,000
Total Continental stocks.. 764,200 755,800 575,500 553,200
Total European stocks .... 2,371,200 2,409,800 2,243,500 1,589,200
India cotton afloat for Europe. 103.000
to.txm 13O.000
Amer. cott’n afloat tor Europe. 519,000 250,000 476,000 490.000
Egypt. Brazil,&e,allt for E'r'po
54,000
50.000
41,000
57,000
Stocktu United States ports.. 1,101,914 1,000.109 1,213,186 877,939
Stock In U. S. interior towns.. 406,940 419,734 565.270 441,363
United States exports to-day.
13,040
12,078
14,699
30,217
Total visible supply......... 42569,124 4,315,921 4,823,66 1 3,593.769
Of the above, totals of American and other descriptions are as follows:
A merittm—
Liverpool stock............bales. 1,347,000 1,4*4,000 1,422,000 699,000
Continental stocks................ 669,000 661,000 472,000 47.3,000
American afloat for Europe. . 519,000 250,000 476,000 490,000
United States stock................ 1,101,914 1,060,309 1,243,1-6 877,989
United States Interior stocks . 106.940 449,734 563,276 141,363
United States exports to-day.
13,040
12.078
14,899
30,217
Total American.................4,056,924 3,857,121 4,193,161 C99L569
Musi Ituirnu, Brazil, «6e» —
Liverpool stock— ......... 253,000
221,000 238,000 291,000
7,000
5,000
8.000
21.000
London Stock..................
Continental stock*.........
93,*00
84,600 103,500 105,200
India afloat for Europe........... 103,000
88,000
40,000 130,000
Sl-.yjd. S r.'n. t i . i t .
Sl.'SOo
«>»
I I .W
Nf.ntio
Sia-L 1 : 7
• 7 k ---------„
7 :.7 >
X - -
;
, ,
'a ...
.
.y
Total American ............... 4,056,924 3,937,121 4.193.161 2.', 91.569
Total visible supply.........4,569,124 4,ol5,92i 4.623.661 3.585,769
Middlimr Upland. Liverpool..
4t*d
5>,.d.
31 -,,<1.
6d.
Middling Upland, New York,
9 W.
7=,,e.
9«vc.
Egypt Goo 1 Brown. Liverpool
5%<t.
5%J,
5H
<S.
6»;,d.
Peruv. Bough Go,*!, Liverpool 5 ‘ird.
6 kd.
9%&
- Vd.
Broach Fine, Uvef:>oot...........
4*.«d.
$tod.
37
*d. 4i > d.
.
Tianevelly Good, Liverpool. .
4-M,
5»*d,
3 i‘*
s.d. 4* q d.
H jT The imports into Continental ports the la st week have
been 74,000 bales.
The above figure* indicate an increase in the cotton in sight
to-night o f 253,301 b ob * as compared w ith the same date
in 1SU.J, a deemme o f 54,537 bales from tbe corresponding
date o f 18S2 and an increase o f S73.555 bales over 1891,
AT th e I nterior T owns the m ovem ent—that is the receipts
fo r the week, and since September 1, the shipments for the
week and the stock* to-night, and the Atm*- items for the
corresponding period o f 1898-83— ia set out in detail below.
»
«•
£
f.
227
QUOTATION'S FOR MIDDLING COTTON AT OTHER MARKETS.—
Below we give closing quotations o f middling cotton at South
ern and other principal cotton markets for each day o f the week.
C L O SIN G Q U O TATIO N S F O R M ID D L IN G C O T TO N ON—
Feb. 2.
Salur.
Galveston...
New Orleans
Mobile.........
8avannah...
Charleston..
Wilmington.
Norfolk.......
Boston.......
Baltimore
Philadelphia
Augusta---Memphis—
St. Louis_
_
Houston —
Cincinnati..
Louisville...
7%
7?,„
7=is
733
7ki
7=,«
-as
She
77
s
S;ie
7%
7=18
71
s
7=e
7%
7*4
Mon.
Tucs.
Wtok
BndiMp-
litctlpt, at the Parte. Xt k a t Intrrior Ti.tms. tiee'pte from P h in t'n t,
Otwx «®....... *146 15
iaia- St,.., *14,310
I t . . . . . IS ? ,;? *
** 1 9 ..... 1«3.«4S
m
Feb.
f-
MA.WS £ «9 .U «:6 4 ? .»H I76.4&4 4PS.480 *38,465
126.054 IPO.",12 628,55*.* lt3.6.'N. 48l,97I l 5 *56
114.SII 13«.SIS>647,0i>4 462,Tl>4 4M.121 1S0.2I2
|.,1.-«T:1A».»47 6,J4,90f'44«,«f2.4.19.12! S1.S4I
I to A t- n .7 < * U 4 3 5 t!«* M V 4 444.6A, 486,147 1M .«M
. 166.146 WI.N6S 11,1.748 565.216 44*.73414,A 9 4 A 155,5* 1
2»—1 hat alth ough the receip ts at th e outporta the past w eek
T
were i 10,748 bales, the actual movement from plantations was
103,511 iwdeB, the balance being taken from the stocks at
the interior towns. Last v. % the reoelpM from the plantations
x
for the week were 91,677 biles and tor 1*02 they w ere
133,871 hah*.
O verland Movement for the W eek and since S ept . 1.—
W e give below a statement showing the overland movement
for the week and sstaeo September 1. As the returns reach us
by telegraph tote Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters o f interest are given.
This weeklypublication is o f course supplementary to the m ow extended
monthly *uuoments. The rcsiulte for the week .*nding Feb. 2
and since Sept, 1 in the last tvro years are as follows:
Week.
Stoppedvi» 81. leal*...... . ....
Yi» Cairo.....................
VteHannltal..............
Tl* Kv*a«vfJl«,..____
Via JjcralevUJii.............
Via CtnctnnaU..... .. ..
Via 01her route*, A c...
®
*
W
^
*S**8m * m*» * * mh.#»# mob »-«-•*«
-** *
*
» -mu « mu «*»»* *4©*s *- © o *so © ©**—c #**4•
4
**
»
i»»3C-»wC©«*a*> J ©«*-*-» a*.x<fc
Total gro** overland......
Deduei liMmmU—
Orerlana to S. Y „ Bo»ton, A
Between interior town*....
Inland, Ac., from South ....
Total to be deducted_ _
_
S ^ S S t l 8 £ 5 S g S 2 ii S 2 g ^
.
-
—
M
«
*** > **
:| X
S? I
iC i-V S
V *tV»^| seo © *4©b h © I
a
^
£ S S S 2 5 3 g 3 2 S 3 S 8 S 5 8 2 S S 2 S S 3 2 l2 2 | S S |S ' | 2
s
-
-
_
.
.
i l
i2*a©m© &»eS « mb3 g g S S „«-© §4*■o ': zSaes*i-©©©sa $»
| ii5*5 22 *2K
* S S S 'S w © 5 5 •*£&*> o 2 8 5S »
*3
Since
Sept. 1.
It’ .O H 410,0415
O
S.Os'j 178,381
13,290
6.008
70.841
2,934
78,990
a . 383
W
A.S7H
! 35,153
1892-03,
Week.
Mnce
Sept, i .
6,201
4,720
2,799
239
2.158
2,054
0,453
279,030
143.976
122,422
12,947
till,046
6«,2yg
U 5,432
852,510 27.624
832,700
10,061
6*0
74U
190.093
20,5.*7
60,131
6,713
1,062
1.992
101,428
17,999
43,010
U . 730
277,330
9,772
222,443
575.180 17,852
010,317
Leaving total net overland*..!! 23,425
©****3*8«-■*•*!***»omm*®i- ,
lTO.IiS 266,411
12QJP& 160,248
\
n.899 103,957
111,51?
70.017 141,7?8
»1.677 103,54
The above statement shows: 1.—That the total receipts from
the plantations since -Sept. 1 in 1893 are 5,214,536 bales; In
1892-83 were 4,3*8,871 bales; in 1891-92 were 0,103,435 bales.
F th n u iry %
* *•«*mo **if g*m«s
JVi.
1801-Iri 18MPM lSPAOylSOJ-02 i w l -03 ISM eil le n t vt 189S-83jl89A«*
189S-04,
Jjw
Thurs.
f TS
1
77,6
7*9
7’ lS
7*9
73s
7=16
7*16
7=16
77!8
75,8
7»3
738
7=1
6
7=16
7%
73g
7%
7H
738
7*3
7*a
7*9
7*9
7*3
7*9
738
77i a
7=16
7=s
7*3
7*9
7*9
7*9
7ha
8H
8
S»,6
8he
77a
7*5ia
77
e
7*“,e
7%
8*9
S%
8716
S7,e
She
7*3
7*4
7*9
7s
7*9
7*»
7*9
7*9
77,9
77ia
7*3
7»ia
7»is
7he
70ie
7%
7=16
77,6
7716
77is
75,
75,
75,
7%
74
7*9
7*9
7*9
7*9
77.6
The closing quotations tsxlay (Friday) at other important
Southern markets were as follow s.
Atlanta...........
7*4 Little Rock—
7h I Newberry........
7%
Colutnbus, Ga.
7M Montgomery...
7% I Raleigh...........
7%
Columbus,Miss
7
Nashville........
7*4 Seliuv..............
7H
Eufaula...........
7% Katcker..........
7 > |Shreveport._
4
_
7%
Receipts prom the P lantations.— The follow ing table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement o f the weekly
movement from the plantations o f that part o f the crop w hich
linally reaches the market through the outports.
H IE s 5 IH H £ tIs g tls § g g
o
Wednes.
The foregoing shows that the week’s net overland movemen t
this year has been 28,423 bales, against 17,832 bales for the
week in 1883, and that fo r the season to date the aggregate net
overland exhibits a decrease from a vear ago o f 33,187 bales.
in Sight and
Spinner,'
Taking,.
1893-94.
Week.
Since
Sept. 1.
1802-93
Week.
Since
B*p<. 1,
Receipt* at port* to Fob, 2 . . ...... 116.748 4,913,792 8S.863 4,007,771
WStoverland to Feb. 2............... 23,425 575,180 17,852 010,317
13,000 309,000 17,000 350,000
Southern consumption to Feb.2„
Total marketed.
Lmtatmi im i
i This yvat'a itenre* asfSf&aied.
* haul vr *r’« )(< ir-c vrn for -h-rmvn. T«ww, W*’ k'- flcim • fur
Yuruo f’ityHot ye»r: RewlpU, 3*4: »hUm» at«. S3-: stock, 19,300.
1 --- > 1 " « » t o t a l*
t> :.«
.r - t o • !;- 1, i c - .7, em-i<.-<f
during the w>— 18,407 l.*}*- and are n ow 13.794 bales few than
lc
at -vime fieriod lest Vear. The receipts at all the towns have
be-n 5.875 bales few than same week laat year and since
Sept. 1 are 139,MB hates mom than tor same time In 1882-98.
1*3,173 5,85^.072 121,715 5,028.038
-13,207 330,774
1,814 321,100
139,9eo
.......... ' 128,529
5,349,188
........ 6,187,746 ........
kfprth’ n aptanern tak’g* to .Feb. 2,;
1,024,380! ....... 1,192,407
T o t a llo sluht Feb, 2 . . . .. .
'DecT < * < durlog week.
-•* ■
It will be seen by the alxive that there has com e into sight
during the week 139,908 bales, against 128,529 bales for the
same week of 1883, and that the increase in amount in sight
to-night as compared with last year is 838,558 bale*.
228
THE
CHRONICLE.
W e a th er R eports b y T e l e g r a p h .— Our advices by tel
egraph this evening from the South indicate that the weather
has been more favorable during the week. The temperature
as a rule has been higher and the rainfall light.
G a lv e s to n ,T e x a s .— W e have had showers on three days dur
ing the week, the precipitation, reaching thirty-seven hun.
dredths of an inch. The thermometer has ranged from 80 to
09, averaging 52. The rainfall for January was two inches
and forty one hundredths.
P a le s tin e , T e x a s - Rain has fallen very lightly on one day
of the week. Average thermometer 48, highest 75, lowest 22.
January rainfall two inches and twenty-seven hundredths.
Huntsville, Texas.—It has been showery on one day of the
week, the rainfall reaching four hundredths of an inch. The
thermometer has averaged 50, the highest being 72 and the
lowest 28. During the month of January the rainfall reached
two inches and thirty-five hundredths of an inch.
D a llas, T e x a s , —It has been cold and dry all the week. The
thermometer has averaged 4-1, ranging from 18 to 71. During
the month of January the rainfall reached one inch and eightyone hundredths.
S a n A n t o n i o , T e x a s . —Dry weather has prevailed all the
week. The thermometer has ranged from 28 to 76. averaging
51. January rainfall ninety-one hundredths of an inch.
L u tin g , T e x a s .— Rain has fallen on one day of the week,
to the extent of nineteen hundredths of an inch. Average
thermometer 49, highest 74, lowest 24. Rainfall for the month
of January one inch and ninety-four hundredths.
C o lu m b ia , T e x a s .— There has been rain on one day of the
week to the extent of three hundredths of an inch. The
thermometer has averaged 50, the highest being 73 and the
lowest 28. Rain fell in January to the extent of seventy-nine
hundredths of an inch.
C u e ro . T e x a s .— T h e week’s rainfall has been ten hundredths
of an inch, on one day. The thermometer has averaged 48,
ranging fr m 25 to 72. January rainfall two inches and
seventy-seven hundredths.
B r e n h a m , T e x a s . —We have had rain on one day of the
week, the precipitation reaching fifty nine hundredths of an
inch. The thermometer has ranged from 24 to 74, averaging
49. January rainfall four inches and eighty-six hundredths.
B e lto n , T e x a s . —Dry. cold weather has prevailed most of
the week. Average thermometer 48, highest 75, lowest 20.
The rainfall in the month of January was two inches and five
hundredths.
F o r t W o r t h , T e x a s . —There has been no rain all the week.
The thermometer has averaged 43, the highest being 70 and
the lowest 16. Rainfall for month of January one inch and
twenty-seven hundredths.
W e a th e r fo r d , T e x a s . —The weather has been dry and cold
the past week. The thermometer has averaged 40, ranging
from 11 to 68. During the month o f January the rainfall
reached ninely-three hundredths of an inch.
S h r e v e p o r t, L o u is ia n a . —Rain has fallen on one day of the
week to the extent of twenty-three hundredths of an inch.
Average thermometer 47, highest 71, lowest 20.
N e w O rleans, L o u is ia n a . —The week’s rainfall has been
twenty-eight hundredths of an inch, on two days. The ther
mometer has averaged 52.
C o lu m b u s, M is s is s ip p i.— We have had rain on one day of
the week, the rainfall reaching thirty-nine hundredths of an
inch. The thermometer has averaged 56, the highest being
76 and the lowest 36. During the montli of January the rain
fall reached four inches and thirty-two hundredths.
L e la n d . M is s is s ip p i. —No rain has fallen during the week.
The thermometer has ranged from 18 to 73, averaging 46'1.
M e r id ia n , M is s is s ip p i .—Telegram not received.
L ittle B o c k . A r k a n s a s .—No rain has fallen the past week,
but the weather has been cloudy on several days and now
looks threatening. The thermometer has averaged 40, the
highest being 64 and the lowest 16.
H e le n a , A r k a n s a s .—There has been one light sprinkle the
past week, the precipitation being one hundredth of an inch.
The thermometer has averaged 41, ranging from 20 to 68.
Month's rainfall, four inches and eighty-four hundredths, on
nine davs.
M e m p h is , T ennessee .—The weather has been dry all the
week but now looks threatening. Tbe thermometer has
ranged from 12-7 to 66-9, averaging 39 3. January rainfall four
inches and three hundredths.
N a sh v ille, T ennessee. —Locally there has been but a trace of
rain tbe past week. Average thermometer 34 7, highest 60,
lowest 12.
M o b ile. A la b a m a .— I t has rained on three days of the week,
the precipitation reaching forty hundredths of an inch. The
thermometer ba3 averaged 50, the highest being 72 and the
lowest 24. During the month of January the rainfall reached
three inches and ninety-seven hundredths.
M o n tg o m e r y . A la b a m a .— We have had rain on two days of
the week to the extent of twenty-eight hundredths of an
inch. The weather has moderated some the past two days.
The State Agricultural Bureau issued to-day a statement of
fertilizer tags sold during the period from October 1 to Febru
ary 1 and makes the total tax for 1893-94824,922 against $14,333
for the same time last year. The State tax on tags, however,
has been reduced this season to just one-half of what it was
formerly. The thermometer has averaged 47, ranging from
37 to 57.
Month’s rainfall, two inches and fiftv-ei°-ht
hundredths.
S elm a , A la b a m a .—We have had rain on two days during
[VOL. L V III.
the week, the precipitation reaching forty-seven hundredths
of an inch. The thermometer has ranged from 23 to 68, aver
aging 45.
M a d is o n , F l o r i d a .— W e have had rain on three days of the
week, the precipitation being one inch and thirty hundredths.
Average thermometer 53. highest 67, lowest 30,
C o lu m b u s, G e o r g ia . —The week’s rainfall lias been thirtyseven hundredths of an inch, on two days. The thermometer
has averaged 44, the highest bein ’ 56 and the lowest 29.
S a v a n n a h , G e o r g ia . —W e have had rain on four days of the
week, to the extent of twenty-3even hundredths of an inch.
The thermometer has averaged 48, ranging from 32 to 72.
A u g u s t a , G e o r g ia , —There was light rain on two days in the
early part of the week, the rainfall reaching thirty-two hun
dredths of an inch, but latterly the weather has been clear
and pleasant. The thermometer has averaged 44, ranging
from 26 to 69. During the month of January the precipita
tion was one inch and sixty-eight hundredths.
C h a r le sto n , S o u th C a r o lin a .— Rain lias fallen on four days
of the past week, the precipitation being forty-eight hun
dredths of an inch. The thermometer has averaged 47, the
highest being 71 and the lowest 30.
S ta te b u r g , S o u th C a r o lin a .— It has rained lightly on three
days of the week, the precipitation being thirty-four hun
dredths of an inch. Average thermometer 42-8, highest 62
and lowest 29.
W i l s o n , N o r th C a r o lin a . —There has been rain on two days
of the week to the extent of one inch and eighteen hun
dredths. The thermometer has averaged 42, ranging from
28 to 64.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
3 o’clock February 1, 1894, and February 2, 1893.
Feb. 1, ’ 94
New O rleans___
M em phis............ ___Above
N ashville............ ___A bove
S hreveport......... ___A bove
V icksburg.......... ___Above
Feb. 2, '93.
Feet.
Feet.
4 .7
5*7
110
8-3
6*3
176
low-water m ark.
low-water m ark.
low-water mark.
low-water mark.
34
9 6
15*5
6-2
O v e r l a n d M o v e m e n t , &e., 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, receipts, exports, spinners’ takings, &c.,
brought down to February 1.
I n d ia C otton M o vem en t f ro m a l l P o r t s . —The receipts
and s lipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Feb. 1.
B O M B A Y R E C E IP T S AN D SHIPM EN TS F O B F O tJB Y E A R S .
Shipments since Sept. 1.
Shipments this week.
Great
tear Great Conti
BriVn. nent. Total. B ritain
’ 93-4
’ 92-3
’ 91-2
’ 90-1
21,000
2 5 .0 0 0
11.0 0 0
5 ,0 0 0 5 7 ,0 0 0
21,0 00
25.0 00
11.0 0 0
62,0 00
Receipts.
Total.
Conti
nent.
13.000 200,000
8,000 180,000
6,000 8 2,0 00
18.000 1 49,000
This
Week.
2 1 3 .0 0 0
1 8 8 /0 0
88.000
1 67 .00 0
6 0 ,0 0 0
4 3 .0 0 0
4 0 .0 0 0
5 9 .0 0 0
Since
Sept. 1.
5 0 2 .0 0 0
4 2 2 .0 0 0
3 0 3 .0 0 0
5 4 0 .0 0 0
According to the foregoing Bombay appears to show
an in c r ea se compared with last year in the week’s receipts of
17,000 bales and a d ecrea se in shipments of 4,000 bales, and
the shipments since Sept. 1 show an in cr ea se of 25,000 bale?.
The movement at Calcutta, Madras, and other India ports f < r
the last reported week and since the 1st of September, for tw o
years, has been as follows. “ Other ports” cover Ceylon,
Tuticorin. Kurrachee and Coconada.
Shipments fo r Che week.
Great
Britain.
C a lcu tta —
1 8 9 3 -9 4 ...
1 8 9 2 -9 3 ...
M adras—
1 8 9 3 -9 4 ...
1 8 9 2 -9 3 ...
A ll o th e rs —
1 8 9 3 -9 4 ...
1 8 9 2 9 3 ...
T o ta l a ll—
1 8 9 3 -9 4 ...
1 8 9 2 -9 3 ...
Conti
nent.
Shipments since Sept. 1.
Great
B ritain.
Total.
......
Continent.
Total.
3 .0 0 0
4 .0 0 0
5 ,0 0 0
1 1,0 0 0
8,000
1 5 ,0 0 0
......
.........
......
1 9 .0 0 0
1 3 .0 0 0
8,000
6,000
2 7 .0 0 0
1 9 .0 0 0
2,000
2 000
2,000
4 0 00
2,000
20,000
2 1,0 0 0
2 7 ,0 0 0
2 5 ,0 0 0
4 7 ,0 0 0
4 6 ,0 0 0
2,000
2.000
2,000
4 .0 0 0
2.000
4 2 ,0 0 0
3 8 .0 0 0
4 0 ,0 0 0
4 2 .0 0 0
8 2 ,0 0 0
8 0 .0 0 0
E X P O R T S TO E U R O P E F R O M A L L I N D I A .
1893-94.
189 2 -9 3.
189 1 -9 2.
Shipments
to a ll Europe
fr o m —
This
week.
U lo t h e r p o r t s .
21,0 0 0
4 ,0 0 0
2 1 3 ,0 0 0
8 2 ,0 0 0
2 5,0 00
2,000
1 38 ,00 0
8 0,0 00
1 1,0 0 0
3 ,0 0 0
88,000
9 2 ,0 0 0
T o t a l . . ___
2 5 ,0 0 0
2 9 5 ,0 0 0
27,0 00
2 6 8 ,0 0 0
14,0 00
1 8 0 ,0 0 0
Since
Sept. 1.
This
week.
J u t e B u t t s , B a g g i n g , & c .—The
Since
Sept. 1.
This
week.
Since
Sept. 1.
market for jute bagging
has been quiet the past week, the trading beiDg confined
within narrow limits. Prices have, however, undergone no
change, the ruling quotations this evening being 5JgC. for 1 %
lbs., 5 % o . for 2 lbs. and G l{c . for standard grades in a jobbing
way. For car-load lots of standard brands quotations are 5c.
for 1% lbs., 5J^c. for 2 lbs. and 6c. for 24£ lbs. f.o.b. at New
York. Jute butts have been in very moderate request.
Quotations-'are l % c . for paper grades and 2%c. for bagging
quality. The visible supply of butts at the close of January
was 122,583 bales, against 296,008 bales at the same date iu
1893 and 175,997 bales in 1892.
THE CHRONICLE.
F e b r u a r y 3, 18134.]
229
A lexandria R eceipts and Shipments ,—Through arrange
C o t t o n S u p p l y a n d C o n s u m p t io n in E o r o p e .— B y c a b le
ments we have made with Messrs. Davies, Benachi & Co., of w e h a v e r e c e iv e d th e s u b s ta n c e o f M r. E llis o n ’ s fir st o f
Liverpool and Alexandria, we now receive a weekly cable o*
the movements of cotton at Alexandria, Egypt. The following
jre the receipts and shipments for the past week and for th»
corresponding week of the previous two years.
Alexandria, Egypt*
January 31.
1895-93,
1893-94.
Receipt* (cantata")—
This week_
_
Since 8ept. 1.
[
189 92
1X0,000 j
105,000
4,569,000
3,919,000
Since
This
This 1 Since
week Sept. 1. week. Sept. 1.
t
I
Export* (bales)—
To Liverpool. . . ----- 9.000 201.000 4.000 249.000 12,000 237.000
To Continent........... 5.000 W3,000 6.000 158.000 8,000 115 000
20,000 352 000
Total Europe___ _ 14,000 344.00 10,000
* A oantar Is 98 pounds.
I
1
200.000
3,611.000
Th.ii Since
meek. Sept. 1.
Ma n c h e s t e r M a r k e t . —Our report received b y cable to-night
from Manchester states that the market is steady for both
yarns and sheetings. Orders are coming in more freely from
the East. We give the prices for to-day below and leave those
for previous weeks of this and last year for comparison:
1892-93.
1893-94.
32s Oop.
Twist.
i Ootl'n
i Bid. 32# Cop.
|trpms Tunsl
8M lbs.
Skirtings.
Coll'r
Mid.
Upkt
SH lb».
Shirtingg,
4. I A. ! A. a.
1 , d.
1
*. <
i
A.
6 97 m
4V 7% 98", 5 8
|
87 3%
6 97 i h Ah*
3 8'v97 3->
7 97 0
A*,, 8
e-H 3 9 97 A
" 97 a
4<S SH S-H 5 9 S7 4
“ 2 B « * i* 8 " 4 5
87 6
At. .84* * 8 » * ;5 I0 97 5 F«fa. 2ff».«
3
47 9 1 ( 4 8% 99 A 10H&7 SV
S ea I sland Cotton Movement .— We have received
(Friday) evening by telegraph from the various ports
4.
A i«.
De, 29 8 ** *7% 5
Jan. 5 6»i« »7>s 5
" i2 6 U j.»7 H 5
" ----- - „»7t* 5
19 8U — ■ *
A
,
5*4
5«ia
Mis
s4
5»i«
this
the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (Feb, 2) and since
Sept. 1, 1SS3, the stocks to-nigh*. and the same items for the
corresponding periods of 1392 91, are as follow*.
1893-94.
Receipts to Feb. 2.
1892-93.
m xk
This Since TM* .flare
wmk. Sept, l. wmk* Sept, 1. 18»A |1893.
Savannah...... .
Charleston.....................
Florida, * o ....................
872 5t *079
n
3,130
615 29,335 10,514 11,482
35 S.SfSi 673 j 1,690
3,334* 89«! .......
T o t a l................ .
880 55.044
«5A 3°.497'12,373 *13.173
The exports for the week ending this evening retch a tota I
of 131 bales, of whisb 53 bales were to Great Britain, 73
to France and — to Rev si, and the amount forwarded to
Northern mills has been 120 bales. Below are the exports for
the week ami since September 1 in 1893-M and tSsri-03.
Week Ending Feb. 3. Since Sept. 1 ,1893. Xorth‘n Mills.
from—
•(treat
(unfit.
ate.
Sav-Annah.............
Chiirrfu.Ac
3fl
Florid*. A c . ..........
New York.
IT
Boston __
_
_
Baltimore .. .......
T
o t a l . y-
Tot 1892-93
143
ffrmi Fr*'nm
:
Total. Britt*
Total
tit.
Week : 4
k
.
21,33* 1.778 13.107
*80
•••JW 399
4.4,12,.357
7
991
125 . ..... 2,8u0
3,747 c m
t,3AS
S it
319
........* ........
131 21.812 3,3 8 ( 28,1,94
120 18,3’. 1
14$ »0.399 lj l '7 12.286
12* 14.040
125
7,-
A considerable portion o f the Hm Island cotton shipped to
foreign pom goes via New York and state small amounts via
Boston and Belt!more. Instead of including this cotton for
the week in which it leaves the Southern outports, w> follow
•
the same plan as in our regular table o f including it when
actually exported from New York, &
*•. The details of the
shipment* of Sea Island Option for the week will be found
under the head • Shipping New.,” on a subsequent page.
*
Quotations Feb. f t*t Sav*ninth for Florid *s, common,
13c.; medium fine, UF*c.; choice,
Charle-ton, Carolina*, medium fin-, 20 to 22c.; fine, 30 to
35c.: extra fine, to to 50c., all nominal.
T b * F o llo w in g
abb th b
G ross Hkcbipts o r Cotton at
New York, Boston, Philadelphia and Baltimore for the past
week, and since September 1,1883.
New York .
bostos.
PatLADRLPH'A
Thi* Slnei TM# Mint* TM* B
int*.
Btp%, 1
sin . 1.
........
N. Orleans*.
*
T«i m .......
mum ......
Rav»an.l> .,.
m *m
m
*1.171
K^'t
MoMti ..,
Florid* ...
n
m m .a...
:m
Se. C m m k m
mUm
MM*
No. CaroM
na,
f ,
Tftstfnim. . .,
.
fjMi UM8 ......
»Mb
Forth, port*
M,U& *», ...
m
T*e«., As .. l.*T $htW. *,H8 M.W*s
m,m7
n
PifMHwr...
7«a
S.IS?:
Total .... n jm tmjm\ 15,.U m ,m
*
*5,*11
tar« rear.. 15.650 n&jmm » n 1jm
*♦,5*4!
Bit ipu
J. w
1*17*
MI8!
%r, it
S h ip p in g N e w s . — T h e e x p o r t s o f c o t t o n fr o m th e U n it e d
S ta tes th e p a st w e e k , as p e r la te s t m a il r e tu r n s , h a v e r e a c h e d
132,314 ba les. S o f a r a s th e S o u th e r n p o rts a r e c o n e e m e % th e s e
are th e sa m e e x p o r t s r e p o r t e d b y t e le g r a p h a n d p u b lis h e d in
the C h r o n i c l e la st F r id a y .
W it h r e g a r d t o N e w Y o r k w e
in c lu d e th e m a n ife s ts o f a ll v essels c le a r e d u p t o T h u r s d a y .
Total bales*
Ne w Y o r k —T o Liverpool, per steamers Cevio, 9,0 30 .......
Etruria. 979 -----H orrox, 831 upland and 17 Sea Island___
W averly. 3 ,7 2 1 ............................................................................. 14,578
To Hall, per steamer Colorado, 1,944. ...................................... 1,914
To Havre, per steamer L a Bretagne, 009 upland and 78 Sea
Island....................
837
To Bremen, per steamer Eras, 7 1 1 .......................... ...............
7 jj
To Hamburg, per steamer Bcandta, 1 7 5 ............ .....................
175
To Antwerp, ner steamer Belgenland, 1.712.......................... 1,712
To Christiana, per steamer riilnvvalla. 9.
..........................
9
T o Genoa, p tr steamers Fulda, BOO .. Letimbo, 2 9 9 ............
1,199
To Yokohama, per steamer Cardiganshire. 100......................
100
N ew O rleans —To Liverpool, per steamers Assays, lu ,l0 0 ___
Engineer, 5,300 . (Vest Indian, 5 ,0 7 0 .................................. 20,470
To Havre, per steamers Pedro, 6,950___Toledo, 5,350 . ..
per bark Jeanne D’Aru. 3.855 ................................................. 16,455
To Hreiiieo, per steamer Tliyra, 8.545 .........•
................ ............. 8,545
To Hamburg, per steamer Laurestlua. 7 0 0 ..............................
70O
G alveston —To Liverpool, t>er steamer Sprlngwell, 7,998..........
7,998
5,488
To Havre, per steamer M u'iud, 5,48s - .....................................
Savannah —To Bremen, per steamer* Comet la, 8.746 ... Eden111 re, 6.400.................................................................................. 15,146
To Barcelona, per steamer Enchantress. 6 .5 r6 .......................
6,50®
Brunsw ick —To Liverpool, per steamer Lake N plaon, 4,730. .. 4,730
N orfolk —To Liverpool, per steamer Chilian, 2.500 ....................
2,500
To Hamburg, per steamers Akab*. 3.000 ..Donau. 1 838
4,688
N ew port N ew s —T o Liverpool, per steamer Rappahannock,
1 .3 t 0 ............................... .............................................................. 1,300
B o s ro s —Ti Liverpool, p .r steamers Anglo man, 4 .1 5 0 ....L a k e
Superior, 1,200 . . . Philadelphian. 3 999 ...R om an , 2,446 11,786
To Yarmouth, p-r steamer Boston. 2 0 0 .....................................
200
B altim ore —To Havre, per steamer Endeavour. 300 ............ .
300
To Bremen, per -ten n er Dresden, 3.177 .................................. 3,377
To H au.b'lncjper steamer Polynesia, 3 5 2 ............... .................
352
To Rotterdam, pel steamer Chicago. 600 ................................
603
Total.......................................................................... ............ ......... 132,31 4
t h e p a r tic u la rs o f th e se s h ip m e n t s , a r r a n g e d in our usu l
fo r m , a r e a s fo llo w s ;
R tter
o -
F a r.
Bremen dam, Jtarce month
H k rit Ham- Anlar'p, Iona t 4 Yoko
pool
Butt, Harr*, bur,).
4c.
Genoa. hama, Tola’,
New York. 14,579 1.944
637
3S8 1.721 1,199
100 21.115
N. Orleans. 20.1*0 ......... 16.455 0,215 ......................
16.170
« * lv . sum.. 7,936 ......... 5,478
............................. .
13.484
Savannah........................................ . 15 ls 6 ......... 6,568
21.713
Brunswick
4.730 ...................... .................................. .
4.730
N orfolk.... 2.500 ....... . ......... 4.833
.....................
7 ,1 8 8
JPp’t News 1,100 ..............................................................
1,3*10
Boston. . . . 41.786
. . . . . .................................................
2*10 11,988
Baltimore.............................
300 3,729
800 .........
4,629
Total . . . 63.360 1.944 JJ.830 33.694 3,321 7,765
303 I d l Y l T
B e lo w w e a d d th e c le a r a n c e s th is w e e k o f v essels c a r r y i n g
o o tto n fr o m U n ite d S ta tes p o r ts , b r in g in g o u r dfeta d o w n t o
th e laten t d a t e s ;
Galv 8STOS—Tn l.iverpo i .H o. 2.5 Steamer Marla, 6,2 06___Jan, 3 0 —
Steamer Maranott. 7,938.
To Bremen—Jau. 3 1 —Steamer Klimere. 4,653.
To H am bu rg-Jau , > 1—Steamer rrcv oU tn. 200.
B tw O au tasa— Po Liverpool Jan. £9 Htearaer* El, otrielatt, 5,70
Oallego, 4 .6 0 0 ....Jan. 30 Steamer Ear q m . 3,550.
To Havre Feb. i steam er Sker-yvore, 9,oOO.
To Dunkirk J«n. 30 utaauier Monarch, i»SS0.
To Bremen—Jan.
-8t • met M ittlosd, 5,303 ...J a n . 39—*}tea mar
FresbrtelA, (i.650.
T.* Hamburg Jan 2 ) - 5 > r a w » Keutigero. 1 1 > sltv.inla, 600.
:
To Barcelona J»n. 2 6 -S team er Catalina. MOO,
To Genoa Jan 20 Stea i**T Catalina. 3.6*10
B ar ASS AH— fin Oporto .1 ,n 2 7 -B a r k Mabel. 700,
Ch arleston — Uv* rpo d 3 <0. 27—Steamer VI mrov. 5 ,7 9 2 ___Feh, 1
T<*
—Steamer R oes-h ire. 4.447 upland and 36 Sea Islau I.
To N irTkoplng Jan 2 6 —fla-k >l»rk rw sin. i.2 t0 .
To Baroetona^dAU 28—Bark Iredoro Pons 1,10 *.
No r f o l k —To L iverpool- J . 11. 2 7 —
st«a»ne F a llso l lov erin ald , 2.472,
West P oint --T o M v ern ool-Jan 2 7 - Steamer Forest Holm e, 5,971.
To Bremen Jan. 2 ?—Steamer He'oa. 9.45'*.
8»Nrr«'X—To Liverpool J»'*. 2 3 -Steam er i.anoistrtsu. 3 .1 3 3 ___ Jan.
2 6 -steam er* Cephalonla, 2,151; Saebem, 8,092.
B u t i w u s To Liverpool J ao 20—4te.i uor Barrowmore, 7 6 9 . . . . .
Jan. 25 -S t -a n e r tjieeasm ore. 8 >5.
v o Br ooen Jan. 2 7 -stea m er -itattgan, 2.893.
To RolterAam Jan. 26 “ ten n er Delano. 5 f0 .
ro Antwerp—J »n 21—Steonar Rialto. 1.036.
PniLAOKLFHtA—To Liverpool Jan. 3 0 —84 a ner British Prinoiss, 452.
Cotton freights the past week have been as follows:
Mon.
Tutf.
Liverpool, bid_ d
_
•33
‘ *9
Do
askoAct.
Havrs.............. c.
30*
30*
Do later......d.
Breai’a.mld. Feh.d,
»st
Do
later... d.
. ...
Hamburg, tteamd.
R3
,1
5«
***,
Do
l»ter..<f.
....
Atne'dam, steam, e. 25-27 > * 251
0
Do
later., e.
Reval......... .......d.
1«M
1634
m&w
Do later.. ... d.
....
.
...a
39.197 B'Jona, direct..,d.\ -aw
‘ is
........ Genoa, steam...d ' 3-s
9n
2
100,303 Trieste, via Hulhd, |
Antwerp, steam .dj
113.384
• Cent* per 100 lt>». and p rim age.
‘ .1
3
8ALT!M«>k»
Thi* SineV
*4tk B*v
,m
mi
.....
.....
J a n u a r y c o t t o n r e v ie w , a n d in o u r e d ito r ia l c o lu m n s g iv e th e
r e su lts a n d s o m e s u g g e s tio n s r e s p e c t in g h e m .
Satur.
30*
*1*4
....
‘ *3
....
251
....
' ss.
‘ is
” 84
Wed net.
TAurs. 1 Fri.
‘ *3
30*
...
“ 84
...
633
. .. .
251
1 «4
S
...
....
‘ is
” S
4
**4
‘ .1
3
....
....
30*
30*
....
...a
»«*
««
....
. .. .
‘ 33
‘ 33
....
. .. .
25f
25t
....
....
1 «4
6
«S4
. .. .
....
....
...»
«te
*ts
I7s*
”S
4
»S4-d»-,S »S4»»1«
*. 4 d>»17
I C ents p or 100 lbs.
THE CHRONICLE.
230
.
L i v e r p o o l . —By
<H
cable from Liverpool we have the following
— .. 1 _ ,.A 1 4(l.n f nncf*
...
.__ _r. -
__
Jan. 12.
Jan. 19.
Jan. 26.
Feb. 2.
55.000
71.000
67.000
77.000
Sales o f the week...........bales.
2.000
3.000
1,400
2.000
Of wbloh exporters took . . .
5.000
4.000
9,100
7.000
Of wktoli speculators took ..
49.000
84.000
58.000
64.000
Sales A m erican...................... .
7.000
6.000
6,000
5.000
Aotual export.............................
81.000
84.000
82.000
80.000
Forwarded..................................
1.561.000 1,600,000
T otal stock—Estimated............ 1.415.000 1.507.000
Of which American—Estlm’d 1.190.000 1.261.000 1.304.000 1,347,000
T otal import o f the week......... 115.000 180,000 143.000 127.000
99,000 135.000 113.000 113.000
Of which A m erloa n ..........
375.000 345.000 298.000 251.000
Amount afloat..........................
365.000 335.000 290.000 245.000
Of which Amerloan...............
The tone of the Liverpool market for spots and futures eai h
day of the week ending Feb. 2, and the daily closing prices
o f spot cotton, have been as follows:
Saturday Monday. Tuesday. Wednes. Tburid’y. Frida.
Spot.
Market, \ In buyers'
favor.
1:45 P. M. j
Mld.Upl'ds.
8 pee. «feexp.
Moderate
Fully
demand. malnt’ned
Firm.
4k
4k
4k
4k
10,000
1,000
10,000
1,000
10,000
1,000
12.000
1,000
4k
8.000
1,000
Firmer.
Futures.
Barely
Market, ) Steady at Steady ai Steady at steady at
1-84 ad
2-84 ad3-64 ad
1:45 p. M.J
2-64 dec.
varaoe.
vance.
▼anoe.
Dull.
4k
[V o u LY III.
dull but steady. The only sale reported was a small quantity
of No. 1 Northern for local account at 70-tgC. delivered.
DAILY CLOSING PRICES OP NO. 2 RED WINTER WHEAT.
February delivery.
June delivery.
0.
,c.
Sat.
655s
66 k
68 k
69%
70 k
75k
Mon.
63%
67k
69%
70k
Tues.
65 k
67
69
-••a
71
75 k
75%
Wed.
6538
66%
6 3k
Thurs.
66k
67%
69*4
70%
7 lk
75 k
70%
75 k
Fri.
66%
67k
69%
7 lk
75%
The market for Indian corn futures was a trifle higher in
the fore part of the week on the smallness of the crop move
ment and in sympathy with the improvement in wheat, but
later there was a decline under moderate selling, prompted by
predictions of an increase in the crop movement on a pros
pective cut in rail freights. There has been a moderately ac
tive trade in the spot market, shippers having been fair buy
ers, but at lower prices. The sales yesterday included No. 2
mixed at 42%@42%c. in elevator and 4 3 % @ 4 3 % o . delivered;
steamer mixed at 42c. in elevator and steamer yellow at 42%
@ 4 3 % c . in elevator. To-day the market followed wheat,
opening lower, but later advanced. The spot market was
dull; No. 2 mixed sold at 44%@44%c. f.o.b. afloat.
DAILY CLOSING PRICES OP NO. 2 MIXED CORN.
8,000
1,000
Sat.
February delivery. ___,c. 43%
0. 44%
March delivery..............o. 44 k
May d elivery.................o. 4 4 k
,c. 4 4 k
Mon.
43 k
44%
45%
TUC8.
43%
44k
44%
Wed.
42%
43%
44%
Thurs.
42%
43%
44%
Fri.
42%
43k
44%
Oats for future delivery were higher early in the week in
sympathy with the advances in wheat and corn and on
small receipts; but later selling by longs to realize profits
Barely
Barely
Very
Barely
Market, )
Firm.
Dali.
steady.
Bteady.
steady.
steady.
caused the improvement to be lost. The spot market bas been
4 P. M. (
quiet but steady. The sales yesterday included No. 2 mixed
The opening, highest, lowest and closing prices of futuies at 33%(§34c. and No. 2 white at 36@36%c. To-day the
at Liverpool for each day are given below. Prices are on market was quiet but steady. The spot market was firm but
the basis of Uplands, Low Middling clause, unless otherwise quiet. The sales included No. 2 mixed at 34@34%c. and
8tat id:
No. 2 white at 36@36%c.
r p - The p rice! are given in pence and 6\thg.
4 63-64(1. and 5 01 means 5 1-64(1.
S at., J a n .
27 •
O v en H igh L ow . O lot.
d.
d.
d.
4 09 4 10 4 09 4 10
W e d M J a n . 31*
Open H ig h L o w . C lot.
d.
February...
Feb.-Mch..
Mch.-April.
April-May
May-June...
June-July..
July-Aug...
Aug.-Sept..
Sept.-Oct...
Oct.-Nov....
Open H igh
d.
412
4 09 4 10 4 09 4 10 4 12
4 09 4 10 4 09 410 4 12
4 11 4 12 4 11 4 12 4 11
4 13 4 13 4 13 4 13 4 16
4 14 4 15 4 11 4 15 417
4 18 417 4 16 4 17 419
4 18 4 18 4 18 4 18 4 21
4 19 4 20 4 19 4 20 4 22
4 18 4 18 4 18 4 18 4 2L
d.
January.....
Jan.-Feb....
Feb.-Mch...
Mch.-April.
April-May..
May-June...
June-Jnly..
July-Aug...
Aug.-Sept..
8ept.-Oct...
M on., J a n . 2 9 .
d.
d.
d.
4 12
4 12
4 14
4 16
4 18
4 19
4 21
4 22
4 21
4 13
4 13
4 15
4 16
4 18
4 20
4 21
4 23
4 21
4 12
4 12
4 13
4 15
4 17
118
4 20
4 21
4 20
4 12
4 12
4 14
4 15
4 17
4 19
4 20
4 22
4 20
....
d.
4 13
4 13
4 13
4 15
4 17
4 18
4 20
4 22
4 23
4 22
L o w . O lot.
d.
4 12
4 12
4 12
4 14
4 16
4 17
4 19
4 21
4 22
4 21
Open
H igh L o w . O lot.
d.
412
4 12
4 14
4 16
4 17
4 19
4 21
4 22
4 21
4 20
4 13
4 13
4 15
4 16
4 18
4 20
4 21
4 23
4 21
4 21
d.
4 12
4 12
4 13
4 15
4 17
4 18
4 20
4 21
4 20
4 20
d.
4 12
4 12
4 14
4 15
4 17
4 19
4 20
4 22
4 20
4 20
Steady.
DAILY CLOSING PRICES OP NO. 2 MIXED OATS.
T h u s: 4 63 mean s
T n ss.i J a n . 3 0
Open High Low.
d.
d.
4 13 4 12
4 13 4 12
4 13 4 12
4 15 4 14
4 17 4 16
4 IS 4 18
4 20 4 19
4 22 4 21
4 23 4 22
4 22 4 21
/ T h u rs. F eb . 1.
d.
Steady.
Olob
d.
4 15
4 15
4 15
4 17
4 18
4 20
4 22
4 23
4 25
4 23
d.
4 12
1 12
4 12
4 14
4 16
4 18
4 19
4 21
4 22
4 21
4 17
4 18
4 20
422
4 20
4 21
4 15 4 16
4 17 417
4 19 4 19
4 20 4 20
4 19 4 20
419 4 20
d.
Sat.
33k
34%
34k
February delivery...
March delivery .........
May delivery.............
Mon.
34%
34%
34 k
Tues.
34%
34%
34%
Wed.
34
34%
34%
Thurs.
33k
34%
34%
Fri.
34
34%
34k
Rye and barley have been in slow demand and without
change.
The following are closing quotations:
4 15
FLOUR.
4 15 Fine..................$ bbl. $1 75® $2 00 Patent, winter............. 3 10®$3 50
4 15 Superfine.................... 1 85®
215 City mills extras....... 3 55® .......
4 17 Extra, No. 2 .............. 2 00® 2 25 Eye flour, superfine.. 2 50® 2 90
260 Buokwheat flou r...... 2 25® 2 50
4 18 Extra, No. 1 ............... 2 20®
Clears.......................... 2 30®
275 Corn m e a l4 20 Straights.................... 2 80®
370 W estem , & c............ 2 50® 2 65
4 22 Patent, spring........... 3 75® 4 20
B r a n d y w in e ...........
2 70
4 23 I [Wheat flour iu sacks sells at prices below those for barrels.]
4 25
GRAIN.
4 23
Wheat—
c.
c.
Corn, per bush—
o.
o.
Spring, per bu sh.. 60
73
West’n m ixed ........ 4 l% ® 44%
F rl.. F e b . 2
Ked winter No. 2 .. 66
No. 2 m ixed .......... 42%® 43%
67k
Red w inter............ 55
63
W'estern y ello w ..
42% ® 4 l k
W h it e .................... 53
Open High L o w . Oio.
68
Western White___ 4 2 k ® 44%
Oats—M ixed,per bu. 33%©. 35% R ye—
d.
d.
r
t
<i.
W hite...................... 3 5 k ® 40%
Western, per bush. 54 ® 56
No. 2 m ixed .......... 34
4 11 4 12 4 10 4 11
35
State aud Jersey .. 50 ® 55
No. 2 w hite............ 36
37
Barley—No.2 West’n 63 ® 64
4 11 4 12 4 10 4 11
State 2-rowed....... 63 ® 65
4 13 4 13 4 12 4 12 I
State 6-row ed............... ®
4 15 4 15 4 13 414
4 18
4 IS
4 20
4 21
4 20
4 20
B R E A D S T U F F S .
F r i d a y , February 2,1894,
The market for wheat flour has continued without feature
o f interest. Business has been at a very low ebb as buyers have
not been disposed to operate unless granted material conces
sions and holders have been steady at old prices. Rye flou r
has been dull but steady. The market for buckwheat flour
bas been lifeless and prices are quoted unchanged. C wn meal
has sold moderately well at steady prices. To-day the market
for wheat flour was dull and unchanged.
The market for wheat futures during the past week has been
a dull acd narrow one. Immediately after our last there was
a fractional advance on severe weather at the Northwest and
slightly stronger foreign advices. Subsequently the improve
ment was lost in consequence of a weaker turn to the foreign
markets; but yesterday the market again advanced a trifle on
a report that the recent cold weather West had lowered the
condition of the growing crop somewhat, and on the political
situation in England. Business in the spot market has been
quiet but prices have ruled steady. The sales yesterday in
cluded No. 2 hard Kansas at 3 % c . under May delivered. To
day the market opened lower in response to weaker foreign
advices, but later recovered the Iobs on predictions of unfav« rable weather conditions at the West. The spot market was
The movement of breadstutfs to market is indicated in t! e
statement below, prepared by us from the figures of the New
York Produce Exchange, We first give the receipts at
Western lake and river ports, arranged so as to present th >
comparative movement for the week ending Jan. 27, 18f 4,
and since August 1, for each of the last three years:
Flour.
Wheat.
Oom.
Oats.
Rye.
Barley.
Bhl8.imb>. Bxish.60 lbs Bush.bQ lbs Bush.32 lbs BushAS lb B ii.56 lbs.
49.201
467.261 1,131,103
292.3G2
Chicago ...
710,966
48 909
27,550
137,150
22.100
41000
Milwaukee..
153.8 )0
21,690
253.360
18,050
Duluth.
4,483
555,520
Minneapolis.
1,337
62 500
453 40
2.10)
Toledo......
1.990
2.226
84 190
39,952
Detroit.. .
56 636
11.636
6,140
27,139
Cleveland...
13,747
39 825
18,425
62 211
St. Louis......
841,009
172.700
1,400
77,250
6,750
9.600
192.400
Peoria..........
103,700
49,700
1,2)0
85,820
Kansas City.
21,294
Receipts at—
Tot.wk,’94.
Same wk,’93.
3ame wk,’92.
Since Aug. 1.
1898-94. ..
1392-93. ...
1391-92......
111,629
235,149
202.929
1,747.801
3,541.381
2,231,434
2,783,661
2,753,739
3,471,444
1,134,410
2,369,458
2.158 903
584,488
760,305
832,075
75,009
123,920
122,934
7,156.747 110,193,780 83,223,186 68,460.130 21 033,826 2,250,229
7.629,996 172,619,241 66,916.812 83,919.332 21,551,023 5,598,938
8,5; 8,581 154.873,505 63.333.0*7 59 560.249 21,780,219 12,518,018
The receipts of flour and grain at the seaboard ports for the
week ended Jan. 27, 1894, follow:
Receipts at—
New York............
Boston.................
Philadelphia....... ..
Baltimore............
Richmond.............
New Orleans
Flour.
bbls.
66,536
2,525
Total week_ .. 264,051
_
Week 1893...........
Wheat,
bush.
4,550
29,169
500
01.758
120,4 4
16.700
203,544
Corn,
bush.
2 2,150
X83.079
85,050
1,200
700
4,000
1,770
111,980
703,5' 4
19,520
113,174
203.700
119,315
15,000
74,835
25,0-0
25,972
52,125
438,645 1,493.407
730,861
081,770
515.977
917,635
90,950
332,775
4,161
17,950
1,773
008
The total receipts at ports named in last table from Jan. 1
to Jan. 27 compare as follows for four years:
THE CHRONICLE.
F e b r u a r y 8, 1894.1
Receipts of
J P io a r .................. bfeis.
1334.
LM7.-30
W h e a t ................ bush.
C o m ............
— . .. 10.647.5U#
Oats ................... 3,*2#3,«82
754*50
Barley ........... .
13.1^
4
B y # . . . . . . . . ...............
1393.
1,111,4 W
2.657.223
2.033.552
2,77 >.037
317.-03
45,652
1802.
1,435,707
1891.
1,015,155
5 .0 1 2 3
14.642.944
4,212.512
953.7f 5
2,715,701
2,513,349
527,139
50,035
315.772
6*5,52#
packages valued at $1*32,584, their destination being to the
points specified in the table below :
Saw Y ohs TO Jax. 29.
26.236,710
8.303,723
8,790,979
16,043,0-25
The exports from the several seaboard ports for the week
endiag Jan. 27, 1894, are shown in the annexed statement:
O ats,
«.
Peas,
Com.
Flour,
Mjsports from —
Wheat,
L L.
b*
bmX
ah.
bush.
b u sk ,
Portland....... .
60.517
13.780
P h ila d e lp h ia ...................... ...
B a ltim ore... . . . . . . . . . 275,755
N ew O rlean s. . . . . . . . 120.899
N ew port N ew *.........
??,000
N o r f o l k . .. .. . ....... ..
........
M o n t r e a l . . .. .. ....... . . . . . . . . .
344.863
149.237
59.357
18.433
949.172
248.390
252,856
Total week...... . £05,271 2.02Mi3
71,117
18,003
3.840
15.000
1894
Week.
Tear.
*s?
20.097
73.745
2/34
10,386
Sreat Britain......................
Other European..................
China..................................
India..................................
Arabia....................... ..........
Africa..................................
S3S7 West Indies...... .
Mexico................................
31,281
Central America.................
Jonth America....................
Other countries...................
83
38
3
425
431
8
305
57
75
350
63
415
200
10,936
654
2,182
393
2,035
£08
653
3,324
206
Total..............................
China, via Yanoouvet*....
T ota l *raiu .
N ew Y o r k .......
B o a s ts .. . . . . . . . . . . . .
231
1,893
21,206
2,180
....
1893.
Week.
84
13
Tear,
200
320
4S
150
475
15
889
61
217
303
40
21
1,946
156
530
4,236
147
1,822
3,029
3,160
....
191.075
S?4M
Total.............................. 1,893
23.386 1 1,822
11,189
553,051
102.305
ss.on
The destination of these exports for the week and since
The value of the New York exports for the year has been
Sept. 1, 1393, is as below. We add the totals for the corres
41,074,129 in 1894, against $534,942 in 1893.
ponding periods of last year for comparison:
Brown sheetings have been quiet during the past week, ow
Wheat.
B:tp’U for wtt i <t Wwlt. Mam Sept, W eek . S in ce S m t,
£!*$** S
rp*. ing to absence of export demand. There lias been a fair
since Sept, i to Jan* 27. l. 1893,
Jan. 27, 1.1893.
J>m. 27. l m
•*
*
b u sh ,
bush,
movement to converters of heavy 4x4 and 80-inch goods, and
bbh.
bMs,
Hotted Kingdom imfilb a 49 ,238 3*8.246 11,3-2^8 1,416.613 13. 4 -5.063 some styles of wide low grades for finishing, at prices that
•Continent............
i? J 8 $
23*3J69
7*5.668 *31,825 14,065.**> ---- ~ %
S. &0. Am*rte*.. 7.414
813,87*5
The general range of prices for bleached goods,
47.6*5 seem low.
West twttm- ... a-W#
2-5,710
56-4017'
*.380
mjm
however, offer very little temptation to converters to bur the
.184.3 0
Z& S T tei 13^
2m
It*1,319
Othmmmntnm,.
s s s gray cloths, and with finished stocks on hand equal to" their
T o t a l . .. ., ...
,
2M§SUf« 2.924.112 2,10T421 present needs, they are no. inclined to tempt the future.
Total m&m.
imjm 5,8-47,077 MflMW 38,201.718 553,911 12,76>,044 Colored cotton goods o f all styles are exceedingly quiet, and
The t i-ibie supply of grain, comprising the stocks in granard in fall supply for present and prospective wants. Printing
at the principal points of accumulation at lake and seabcxarv cloths have taken .another boom and are firm at 2 Jgc,, with
large sales—under the circumstances.
ports, Jan. n , 1804:
irtxot,
O *
om
t'MU,
1894.
1993.
1992.
Jfew
fd^
Rm
M store &—
$
fatsk
bus!
,
»
hm*.
busk.
Stork o f Print Clotht Jan. 27.
Jan. 29.
Jan. 28.
N ew Y o r k . . . . . . . .
.,
1,580.000
mjm
01,006 Hei-t by Providenve manufacturer*. 27S.OOO
-Vijilf.
37,000
Do stkm
X,. . 1,124,000
llB,**#
iaa,#o Fall River manufacturers............... 162,000
1 ,0 0 0
213.000
............
70,000
i*‘ a »
tm,om
MO
.O O
mjm
Ho
ifS/s'S}
Total stock tsOmmat .................. 410,000
15*1000
1,000
250,000
4,118,000
#44,000
m sm
“iV’OO The comparative prices on middling cotton, standard sheet
T
Ho
M M t,.
flk M
t^.O O
O
1,000
t:40>0
M
nwm&km........
£ 1 ,9 0
87 9
fcooo
l& Q
'O #
U .P O ings and printing cloths for the previous two years ending
OO
Boiml* ,
.. S ,0oO
9.9iM
‘ 7t,W»
si.000
|* » January 27th are as follow*:
LK3
Jk»Ji0
Do sflhai,
299,000
........ . 2,767.< »>
k
£5C
#0Q
T mo#
1802. 1893.
1994.
1*0,000
37,9* 0
MtSdllOE cotton .,.............. ............................. *77S
%
"
9>*
SMs
D e t r o it ,,
. yustjotn
>
3.000
99,900
**..04/ stamterd sheeting*
............................ ......... 6 %
6S|
6S
6M
, 63* ,009
i— . -clotn*.,.....................................
2iala
4
3%
fcJSSo
*9,090
"jjti#>
ire.seo
St. i
5 7 f;s0
9 ,0
, 5,141/ C
0
W 0$
Fog rn is Dry Goods . —The market still remains very quiet,
Do rntkm
,,.
75.00O
fair off* rings and few buyers—a waiting race dependent on
' '*7.090
24.9*0
'vtjiii
8 0*100...
991^.99
the decision o f the w.mt of decision at Washington.
Carpets
fm m to,
, im/m
----tg0,0Q
0
160,000
#,9$®
! 11*»} have been very active during the past week, especially in
mum
.......,. mmm
;*’ * *v ■
>
tapuriries, and all other grades are receiving due atentlon.
.....
121,099
*9*1990
Jjk*Ii#«*I»fi-#......... .
145.0*0
100,00*
>
Mattings, -both Chinese and Japan, have sold verv freely
T O
f.O O
Cttf........... j&L O
SOO
¥M»
and stocks are very tight.
Biklumore..
1, 1. 0 0
0 ,0 0
701,090
M loisea p ell*,,| |
1 1,0-0
1^
9 996
im p orta tion * and W » r »h o u « c W ith d ra w a l* o f Ory flo o d * .
Tetel Jati. 27. 1894 M,*00,M)O XM
0MW 4,157,90#
smsm i.i>-r.*
The importations and warehouse withdrawals of dry good*
T o t a lJ a a . 2*.. t*&i
I3^56,00> 41*
e& i f.twi.u
i.fjf&
T o ta l Jats.
|85tl 81.468/ 00
at this port for the week ending Feb. I, and since Jan. 1,
M
l.t-JO
ftJMMw
2 SN fw« MW *3 H .2 H
W
'
'I'-*
;:
18W, and for the corresponding periods of last year are a*
Total
Si, W&tMfimmf
40t.SU » !M.aMiMB
follow*:
Sam e tim e WML.. . . .1.195.38*
8S^S
THE DRY GOODS TRADE.
S«w Yowc. Friday. P. if , Fehmstry 2. l i f t .
The indiapoaition of buyers to operate b»» «>nrmu*»I to be
the feature in the market during the p**t week. Th.> want of
confidence in the future still handicap* trtl*-. and notwith
standing the growing wants of j .bV-rs untl retailer* buyers
are unwilling to place -rder* in any considerable qvantiii*s
There is no dispute as to the values of m-r;hmdi«B nor as to
terms, for sellers ar*- « illing and ready to meet the wishes of
buyers; but caution and pruJeocearattie first ooBsiierauotu;
and with such a spirit a* the basis of action, the only oatc ime
possible is a careful selection of oalv th ese » t m that are
needful for immediate want*. Speculation and over-buying
are visions of the pas". The market is not over-*tocki**l with
desirable goods of any kind nor make, in the hands o f inilLs
nor distributers, and tie spring tra ie. which Is o >w due, un der ordinary circumstances will easily absorb stocks in sight
ana give * rderato the manufacturing <vnters that will agxiu
put machinery in motion and work and wage* to the unem
ployed,
DoMcsTp; WooLR* OtKJDs —VV'colm* of all kinds have been
in very light demand. Some few Urge clothiers h ire taken
aroall lots to fill out their uncompleted orders Cloakings .md
wooten rnitinss have been in fair request. Dress g.> m s in fine
J
grad* s and desirable stj 1*s have beeo ordered in excess of
product too , M d some mills are running over time on past
or«#Ts» asd
cootisaidon of tbtse nod Bear orders ha?e a
markec for tM r output for the spring tmmm* The import of
these goods has lieen very light, and such as have come into
market do not interest buyers in comp-triton with the verv
choice e l f * * i hit have b*eu produced here. In lower grides
of tbw ria.se thed-mand bag slig .tly incre«.«ed, witbl a very
favorableoutloik. and as they are no- inlirg* surplus, au*ual
movement would s«x>n reduce the s>ock and leave tb» market
tn a deplete I condition. .Striped tl innels and domets are
moving in fair q santitiw. »* the shirt manufacturers find
their necessities require, and prefer to keep their machine*
running and their help employed.
Domestic 1 ’ottom G oods.—The exoortg of cotton goods
from thw port for the week ending January 39 were -1,893
th e
232
S
t a t e
a n d
C
it y
c h r o n ic l e .
D E fA im r a n * .
TE R M 8 OF SUBSC R IP TIO N .
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 U B con
tains 4 0 to 04 pages, published every week.
S ta te a n d C ity S u p p le m e n t of C IIB O X IC J L E con
tains 180 pages, published periodically.
I n v e s t o r s ’ S u p p le m e n t of C l l R O \ I C I . E (a Cyclo
paedia of Railroad Securities) contains 1 6 0 pages, published
every other month,
_ _ _ _ _
Subscription to CHRONICLE for one year 8 1 0 .0 0 ,
which includes every issue of both Supplements .
T h e p u r p o s e o f th is S ta te a n d C ity D e p a r t m e n t
is to furnish our subscribers with a weekly addition to and
continuation of the State and Cit y S upplement . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S tate and City Supplement to as near the current date as
possible. Hence if every Subscriber will note in his Supple
ment on the page designated at the head of each item a
reference to the page where the item in the Chronicle can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
N O T IC E .
A new edition of our State and City Supplement
corrected to as near the date of publication as possible
will be issued early in the month of April. We make
this announcement in response to numerous inquiries
which have recently been received.
C ITY FINANCES IN MASSACHUSETTS.
The following statements concerning the financial condi
tion of Massachusetts cities are summaries from the reports
o f the mayors made public last month. Reports of other
municipalities were published in last week’s C hronicle .
N e w B e d f o r d .—The total debt of New Bedford, according
to Mayor Brownell, is §2,179,194 93, and the net debt $1,838,694 93. The increase during the past year was $225,572 54.
The city has exceeded the debt limit by $67,487 0 1. To pro
vide for this sum it will be necessary to seek relief through,
the General Court, and such action is asked for immediately
by the City Council. Bonds to the amount of $130,000 will
mature cn Oct. 1 next, of which $120,000 are water bonds,
and it is recommended that $80,000 of these be refunded and
a sinking fund for their extinguishment be established. To do
this it will be necessary to petition the Legislature for
authority. “ It is safe to estimate,” says the Mayor, “ that
we shall require $250,000 to be raised by the issue of bonds.”
N orthampton . - The net indebtedness of the city of North
ampton on Dec. 1, 1893, according to Mayor Henry A. Kim
ball, was $421,791 24, Of this sum $120,000 in waterworks
bonds will be taken care of by tbe water department from
their income, leaving to be provided for by the city treasury
$301,791 24.
J
The assessed valuation of 1893 was $10,010,330 ; appropria
tions, $162,995; tax rate, S16\10.
In the opinion of the Mayor the valuation for 1894 will not
be much in excess of that of 1893. It is therefore deemed
necessary that great caution should be exercised in making
appropriatiors for next year, as the tax rate should not be in
creased, but if possible should be reduced.
The city water works system has cost, to the present time,
$305,345 12, all of which, except that portion of the funded
debt known as water works bonds, amounting to $120,000,
has been paid from the income of the water department.
[VOL. LVI1I.
falls due this year. The water debt is $654,000, of which
$22,000 falls due this year. In addition to this we have as
sumed, on account of the water supply of the city, $54,000
for the extension of water mains, and the total city debt iS'
therefore almost $1,000,000, of which sum $36,730 falls due
this year. Our limit of indebtedness is 2]4 per cent on $15,881,514 (the average valuation of three years), which is $384,612 85.”
Salem.—Mayor Turner alluded to the public debt only
by mentioning tbe fact that it had been increased $120,000.
Som erville .— According to Mayor Hodgkins the total
funded debt of the city of Somerville on January 1, 1893, was
$1,194,500. In 1893 the debt was increased as follows: Ap
propriations for three new school houses, $93,500; construc
tion of sewers, $10,000; renewals of funded debt, $17,000,
making a total increase of $222,000. This increase added to
the debt on January 1, 1893, brought the total debt up to
$1,416,500. During the year the city’s debt was reduced by
payments on bonds to the amount of $137,000, leaving the
total funded debt January 1, 1894, $1,279,500.
T a u n t o n . — Mayor Willis K. Hodgman reported that Taun
ton’s net municipal debt on December 1 was $198,467 06, and
the net water debt on the same date was $600,283 24.
W a l t h a m . —Mayor Warden reports that the entire net
funded debt of the city (including park loan) amounts to $1,114,130 86. This shows an increase of $51,139 since March
March 1, 1893.
W o b u r n . —Mayor Hugh D. Murray reported that the pres
ent net debt of Woburn is $394,370, Increase during 1893 was
$436 83. Tbe last of the water debt of $100,000 comes due
April 1, 1894. The sum of $1,000 is available, the balance to
be paid before June 13. 1905, and that sum can be cared for
by dividing- it into eleven notes of $9,000 each.
W o r c e s t e r .— Mayor Marsh gave the net funded debt o f
the city on Nov. 30, 1893, as $2,505,974 19, showing a decrease
of $94,929 42 since Nov. 30, 1893. On the first-named date
the grosss funded debt amounted to $4,265,500 and on the
last named date to $1,325,000, an increase of $59,500 during
the year. The estimated valuation for the year 1894 is $85,000,000. The net cost of the city water works to Nov. 30,1893,
was $2,540,300 38; total amount of revenue received for the
year ending Nov. 30, 1893, $185,545 07.
The Mayor commented favorably on the new charter which
went into effect with the new government this year.
THE VIRGINIA DEBT SETTLEMENT.
We are indebted to Messrs. John L. Williams & Sons, o f
Richmond, Va., for the copy of two important acts respect
ing the Virginia State debt, which we print in full below.
The first act is House Bill No. 178, which has just become a
law by the approval of the Governor on Wednesday of this
week. It re-enacts the Funding Act of Feb. 20, 1892. All old
Virginia bonds may therefore now be brought in and funded
into new Century bonds upon the same terms as the Olcott
settlement. Under the old law, however, coupon bonds once
converted into registered certificates were not re-convertible
into coupon bonds, but the act which has just passed makes
coupon and registered bonds interchangeable. The amount of
old securities outstanding is only about two and a-half millions
and the funding will be to the advantage of both the State
and holders,
Tbe second act is Senate Bill No. 202, which has just passed
the Senate, and authorizes the Virginia State Sinking Fund
Commissioners to invest the surplus revenues of the State
from time to time in Virginia Century bonds or Virginia 3s,
to the extent of $100,000 per month. It is expected that the
Sinking Fund Commissioners will advertise this month for
the purchase of bonds, and continue the purchase from
month to month for many months to come, as the State has
a very large balance on hand at present unappropriated,
amounting at the close of the last fiscal year to about one
million dollars. Messrs. Williams & Sons do not say whether
or not this act has passed the House of Represen'atives, and we
S p r i n g f i e l d .— Mayor Edmond P. Kendrick reported that
the total debt of Springfield on January 1, 1894, was $1 975,. therefore assume that it has not. They inform us, however,
488, tbe cash assets, $420,887, and the net debt $1,554,601 See that it is confidently expected that the act will be approved
by the Governor and become a law.
C h r o n i c l e Vol 57, pages 51 and 148.
The twabills are as follows:
Quincy .—A part of Mayor Hodges’ inaugural was as fol
H O U S E B I L L N o. 178.
lows: “ The finances of the city demand our most earnest A H ILL to am tnd and re-enact sections 7 , 1 7 and 18 o f an act approved
February 2 0 ,1 8 9 2 , entitled an act “ to provide fo r the settlement of
consideration. The city debt is $339,730, of which $64,730
trie public debt o f Virginia not fu n d ed under the provisions o f an a d
F e b r u a r y 3 1884.j
THE CHRONICLE,
283
minted •Au act to asteriainantl declare Virginia's equitable Share of pablished iu the cities of Richmond, New York and Baltimore
the debt treated before and actually existing alike time of the partition t at they will receive offers for the sale of such amount of
of her territory and resources, and to pro ride for the issuance of the bonds issued under the act of February fourreen. eighteen
bonds terermg the same, and the regular a -id pro apt payment o f the buudred and eighty-two, or February twenty, eighteen hundred
interest thereon,' appro red February 14, ISS^,” and to provide for and ninety-two. as in their judgment the sum placed to their credit
carrying the same into effect.
will enable them to purehise; and that such offers may be male up to
Where** it has come to the knowledge of this General Asserahlr, and including the nineteenth day of the current month.
All such offers shall be made in writing, shall be sealed, and shall be
tiiKiugb the officers chared with the exehiuge and fundi ■ of out
.«
v
standing 'hliaatlons of the State antler the provisions of »a act to pro opened b * tae said commissioners, nr a maiority of thorn on the twen
vide tor the settlement «*f the public debt of Virginia, and so forth, ap tieth of the month, at noon, in the prescuce of the Governor of the
prove! February twentieth, eighteen hundred and ninety two. that commonwealth, or In the event of his absence, in the presence of the
holders of a p reran of the u funded debt sum - of whom are residents Secretary of the commonwealth. If the twentieth of the month falls
of the State. :*c<lothers re»tleau of toreisra countries, were barred on Sunday, or a legal holiday, the said offers shali be opened on the
from accepting the previsions of said act, approved February tweu- ■next day which is not a legal holidav: provided, that the said comuy reason of olrcumstanees ! missioners shall have authority to reject:any and all bids made, from
fct-vond their control, ami who now desire to arc sot the terms as pro month to month: provided, that the stud eommi sioners may invest in
Third .in sold act. and ... i is_believe 1that eq .it stdv they sh mid be ~ . tii iln-. ntnild tVMiAr»h.,il h r sdittm ti
it .
per- the purchase of said bonds the aggregate flt t i
funds .ascertained by them
. .......
>
........ . .. .■
n f this act rn hn ngarl f o r fh o
of
to be used for that
m iitedtodo so; and whereas -t. . terms of .settlement of . • debt of iu the mode preserih-d by section
the .
the s
the -state having been proposed by her creditors, it is deemed jits' to purpose, whenever said commissioners deem it to the interest of the
Stale.
adhere to the provisions of the aot apptoved February twentieth,
All bond# purchased under this section shall bo listed oti the minutes
elghieen hundred and ninety-two, except as hereinafter provide !; and
w l ie r e a . u is in*- e a r n e s t . -: ■ • uus ' i n i r r n -v-si .uui> .«> u n a u y *US,
V -----■ --------------------------------------------------------------------.. ■
■
whereas it is the earnest desire■ of the General Assembly to anally dis- of the ,board, which list ahAUrhow the number and the denomination
jx>*«- of the debt quc.-tlun without inflicting any wrong opou the of encli bond purchase., in each month. All bonds purchased under
creditors of the Mate.Httier at home or abroad, hut declaring the ad- this act shall at once be converted into registered bonds tu the name
lter.-t.ee of -he State to llte term* of the act of February twentieth, of the coramt~t..ner* of the sinking fund, which, when s« converted,
eighteen buadren and ninety-two, a- modified br this act. which S5*1 tedcUveredio the Treasurer, who shad label aud flicithesame in
1
ehoald ue taken as a Anal settlement of the State with her creditors; »> *
<
, or -afek-eping; no coupon bond shall be purchased under
f
therefore
this act unless ail the untnatured interest coupons shall be attached
i m,
Ti,
i thereto, and the bond* ao purchased shall he held as security for the
l. Beit
li t , ' !
,!oh ini V ™ a ’/ o t o *rr!m to WYmeot at the interest en thn public debt of the State as it shall or
,‘n
Srven, -ev.-nteeJ and ..tsht, n . an act nth Ifd an act t» provMe may have accrued when funded unde the acts aforesaid, and the
'.4 T
r2.?mrt?rtodbi « fu oLXwto to »S l ,w i“ ri wSS-ffiS *»” >* ™*r be resold when necessary by the commissioners o f the
rt
fh t
il
AM nni i l Vi »-• '
'
4uJnn»r fu n d. au*i tb e p r o v e d o f such resa le be u 8ml w h e n e v e r the
fj*n*.ah.e ba. . of tm debt .tod,. *
*
a* V /f
v ilfc
finance*of the State may so require: provided, that said commissioners
Vn*1 ,'. V ’t ' 5ovJr‘ m- ttol-un*
*
1,131' ln
discretion, from time to time, when money is required to
S
U ,7
0U
payment of lutonvr . t o approved February tonrrLn eighteen RO ln*Are»l . I* u™“ w debt,% "o , a ^ icb b^Ys
ito-reran.
fourteen
fo ini'f J‘
r
m .fore* Ud. burrow money upon temporary
hole:ted .,nd eighty two •approve I 1 inure twenty, eighteen bun
^
f ^ S e h tom ^L?v TnaS^
pud and ninety-two, shall be amended and re enacted so a* to read a*
R™£F 5,P!?,“,C A*,collateral security tor such temporary, loans,
*,
a. This act shall be iu foace from ft* pasaace, and all acts and parts
follows:
! of act# inconsistent with this aot are hereby repealed.
Section 7, The commt«#loijef- of the staking fund are hereby author0*4 and required to loeeive on'deposit for verification, eiaaslfleatlon '
and exchange such of the said obligations of the -state as may be pro- i
seated to said commissioners: the said verification and exchange for !
B o n d P r o p o s a ls a n d N e g o tia tio n * .— We have r< the new bonds of the obligations * > deposited to to- conducted in ihe
<
same manner a* hereinbefore provided with respect to the obligation* leived through the week the following notices o f I onda
deposited with the said boadhoidets’ committee; and the said com
asM*tonersof tbcsio^iag fund shall issue to and distribute amongst recently negotiated and bonds offered and to be offered for
said depositing creditor*, after they have fully complied with the tale.
terms or this act, in exchsogo tor tne obltgatl»n» »o deposited, bonds :
authorized by thin net. a* follows, namely: To each of the sc vend ' Akron, O h i o .— (-S
tate a m i C ity S upplement, page 77.)—
classes of said depositing creditor* the mime proportion m the m e
class receive under the distribution mads by toe commission for the Street improvement bonda of Akron to the amount of $150,creditor* represented by the bondholders' committee: provided tu *» : 000 have bten authorized.
no obligation *hsii be received for such deposit after the thirtieth day
of June, eighteen hundred and ninety-four, nor shall any coupon bonds
Heller,,nt.ilne Ohio.—(State and City Supplement, page
be received which do sot have attached thereto all the eoncons matur 78.)—The city of iMIefootaine, Ohio, has sold $10,000 of 6
ing after July first, eighteen hundred and ninety <»a«; but tor any ;
sorb coupons a* may be mt.-*Jsg. coupons of lit* cm** and amoani. or per cent bonds to Messrs. Sphz. r & Co. of Toledo, Ohio, for
the face value thereof In cash mty be received; the said e *»b if paid, to ' $11,105 and aocrued interest. Ten bid* were received for the
be returned if proper eoui-ons »r» subsequenUy te ndered; and each de- s loan, the lowed of which waa $10,367 50 and interest.
povltor Shalt, when be receive* bi- distributive share of the said new :
issue of bonds, pay to the c«a,u»l#»I,«.er# of the *u»kiag fund three sod
ll' -ton, M a*s— (State and City S upplement , page 21.)—
one-half per centum in cash of the par value of the bond* received by A 3 per cent Houston temp rary loan o f $1,000,000 has been
him; ana said sinking fund eammts*k>oeiw shall cover the fund thus
received into the treasury of the Coaunonwenith.
I negotiated in New York City,
Section IT. The eomn> ssioncrs of the sinking fund *r» aathoru- d. If
Boulder, Col.—(S tate ani>City Supplement, page 130..) It shall seem to them tor tire best Interest «f the Commonwealth, t«>
make one extension of the time for the fumli „s of ...................... : Water work* bead* of this city to the amount of f5®*00« w e ..
...............
.
-................................... r .. the ootstan img
were
ft
! wl(l m
1 H- H H
ina & Son* of Denver at
'irt.e^SodredV^n! ere t":.r
iblrtieih d,y of Ju n e. y7v ^ , , 1, on , h e dollar The bonj 3 are dated December 1.
Beciiou Is. ih« couiiui,»ioDer* ,,f the *inkto( fund *re authoniefi to ' IW3, le ar interes: at the rate of 6|>ercent,payablesemiexelreur* f«ut on boon* ot « » fitot-. i• • ! uWter »vt of f e i r u w . a n a fiH f in .New Y ork or B -aider, and mature to fifteen
*«< •
twebUeth, eighteen haii.lnsl and pbirty-tvro, into rfgtutmJ bond*,
usd vice versa, ami to arrange for He transfer of triri*(*re<l bonds >year*, with on option of call in ten years. Principal and
For every bood *e t*»Ued In e*Plunge a fee of fifty e*t>t* that! im * inter- st are, payable in gold. The total amount of the securi
>
«bar*ed to and paid to tbeSeeood Auditor, *t,<l shall, upon hi* amtr, 5ties offered was #50,000,
he covered mb, the- treasury to the credit of the tlakfo#haul: tad *
boads so token in eMhance shall i « eaneeled tu the tnaaner bemintw l Brcnham, IVxa*.—It is reported that $11,000 of water
fore prwnnvd
works bond# have recently been i-su- ,1 by this city.
% ihe bond* Issued b»»Btuler may be the **»eheretofore. »n«raved ■
tutder the ptov!«i»n< of **14 *«t of Febraary tweatletu, eignreeu huts- i Buffalo, N. V.—(S tate and C ity S upplement , page 45.)—
fired and alo*ty-two, atwi *a (h# same form a» prewribret tu said tuii, I No bids were received on January 85 when $300,000 of Buffalo
#ad the plate* for the engraving of n M bond* andcr *tm m at reb. j
et
raary tw«bUetb, «l*bt«vu tutndtad sad niaety two, may be a*e,i by f sabool bonds, dated February 1,1804, and $203,170 87 of Buffalo
the eommlsMooef* of she riokltuc fa«4 (u the prep*r»tlon of l»> fi* 1tax loan bonds dated August 1. 1888, were offered for sale.
to be
hereuBder, *nd sll beurt* tba* i*»ued shall be in all re- j Both loans were to bear interest at the rale o f 8|£ per cent,
speet* valid.
it. Tbvom iabdsM r* of She stokls* fond »re berebv n t t M t o l to •imyable s**mi-annually on February 1 and August 1, the
advert!**' for tl« reecj,>lon ot hoods for «sct>.i»ve under U* pruvtktoaa school bonds to mature February t, 1014, and the tax loan
of thl* act lu «ncb fioaoclal centre.* as they may dr«;n be*t.
bonds August l, 1880. Comptrolkr Gavin reports that the
4. Tbit act «h*U be in force from It*
rate o f interest on the tax loan bonds ha* been increased from
S E N A T E B IL L NO. 203.
A Mit»t *9 etm?m4 on4 nHmari terftons 420 and 421 of he Code of
Tirgi m in rtlftiton to IA# it*f toy toe
in
Ltmanern of to* ri ting fund
etf u n g surplus' wmneg in the ietm snr^ t » toe f*ntehtMxe o f to uf$ Of the
M ' umt«4 « mter the Aet* of Fetormorg t i,
lato
F >mnrg S *
>
O
I m%„
1.
tf eaac&fO by the Oeum l A »««bljr of Tiffin*a ih
l«47t|05i
loar btifibred
tWtMtf
f»>w ton.»«lrr«4 % X twmntf
r
m
of the
of VtnrifiU bo »Rif>n«!e<l sod re-«Qictf4 onm to re«4 a* follon
Ste. 420, ft» tot um4 m tongtn§ tomti*.—torn umuej Iu i&« trtsumtj to
t^e e r t d lt 9 ( lb^ liu k lB g f u u l *hai , a n n u a lly , o r o fi e n r r
m
o cc ««io a
Biaty rtqnire, fe# applied
tfo«?
to tho fiuwli**-*?, at
i&Afkt'f fates | «|* to***€**?» exett^itig ibk par tatokh of \mwi* i**ue4
b
ao4^r ffe* set of Wetomatf lo(trm&» eighteen tour<4re4 m % Hshxg’two
m
m xm4m tli« art of Wetowumj tweutf. eighimst hn.mim& ana atoatjrtwo.
Bee, 421, ffmtNtm&nnito (to expert4e4 is oseerio$^e4 i toff-m to be toonphi
is
tog mnted totos - It
U tm ibe- iittljr < f the mmtolmlonem oi ib«, unking
#
fat.4 to
*m the flr»| 4otid*f>4 February* ninth!«»*» Imridfrtl aii'i
ultiPty fonr, ami on ttie Hf»t Stiotkclaj in «*\ery tnoo b tlierrafUT, t.*
d<it«tiiilD$ it eaeb lueti rmetiDar* wb*t. if any , *aw can be iparo'l
ffotu flit* Itea^urj, after
futile ahowaar** for all thn *'X *#
i**n (*-»
of ilto
awl of ihm tmhile «'ho*4« ami for lb© payment of
| tb»upmt the bo to* «>t Uie •*
$*
nmtor tb^ aet appt&teiH
JPebnmrj* ff»s
n?e»“U, ♦MliWti baii«’t»*q aad
nod tiiuler tbe
I Act a p p r o frebroar* twentf, cjfir icen hin~Mtt4 «?»< f
$
anti
| niifJ*r fbe aet apfitOTe-fl februai y in mtty %
#
i
hm , eighteen Jtmn4rC4 and
Binetf-two.
1111 be dfitermlned by *a:*l coffimi-sloner* that there be * ■nirplff® In
the tbsmoatf* after mtokiug tone allowance a* »for«*#at<1 L .r tbe Uuvern
>
k ffitnl and *cb <4 aM
pej}****
toizre*! upon *»b1 ipondm >'% ,1 bey
*ue4
shrill certify to tb* tr»**«»«iier of the rn’mimnwe r.f Htfa nucli «!im, not
I
»n« tb4ft4t£’4 tfamimnd dollar* lu earb m«»ufb, as fhev may
tmfietermiB#, may lag drawn from tba irenmity a&fi t(i?e»te4 m Iteretn
IfM K M .
Tbc- pomrou-kSrinr?* of the afnkinK food *b*0# ttumedlately aft*-r
' tbetr first meeting* rnlsariMo in at least one daily newspaper
3*i to 4 per cent, and the securities will be dated February 1,
1804, instead of August 1, 1898, Another date will be fixed
in the near future for the opening of bid* on both loans.
Principal and interest will be payable at the oflfio*'* of the
Comptroller or at the Gallatin National Bulk, New York, as
the purchaser may elect. A full and detailed statement of
this city’s outstanding bonds and general financial condition
at the present time will be found on a following page,
Canadian County, 0. T.—County Treasurer E. A. Sharpe
o f f e r s for sale $47,000 of 6 per cent 8-10 year refunding bonds.
The asses-ed valuation of the county in 1803 was $2,382,000.
The population, according to local figures, is 18,000.
Canon Citjr, Colo.—On January 02 the people of Canon
City voted in favor of issuing water-work** bonds to the
amount of $10,000, the interest rale not to exceed 7 per cent,
Cincinnati, Ohio.—(Stats and City S upplement, page
78,)—Wafer-works extension bonds to the amount of $100,000
have been authorized. They will be 4 per cents, due in 1904. /±
Colorado Springs, Colo,—(State ani> C ity Supplement, '*
nage ISO,)—Bids will, be received until February 19 by Chas. |
E. Smith, City Clerk, for the purchase of $25,000 of gold water
bonds. The loan will bear interest at the rate of 5 per cent, }
payable semi-annually, and will become due in 15 years, with
an. option of call after ten years,
Colombia County, N.
(State and C ity S upplement ,
page 10,)—County bonds to the amount of $15,000 will he re
funded on March 1, 1894, The total indebtedness of the
county is $148,600,
234
THE CHRONICLE.
Creighton, Neb.—The people of this village will vote ou is
suing $9,000 of bonds for water-works.
Danville, Ky.—Town Clerk F. N. Lee notifies the C h r o n
icl e that no tim e has as yet been appointed for an elec
tion to vote on the question of issuing water-works bonds.
The council is investigating the new town charter to see
what authority they have to issue bonds, and are having esti
mates made as to the cost of erecting water works.
Donglas County, Neb.—(S t a t e a n d C i t y S u p p le m e n t , page
181.)—Bonds of Douglas County, Neb., to the amount of
$150,000 were awarded on January 29 to Messrs. Rudolph
Kleybolte & Co. of Cincinnati. The securities are dated July
1, 1892, bear interest at the rate of
per cent, and mature
July 1, 1912.
Gainesville, Texas.—(S t a t e a n d C i t y S u p p le m e n t , page
178.)—Water bonds of this city to the amount of $10,000 have
been authorized.
Gallipolls, Ohio.—(S t a t e an d C it y S u p p lem en t , page 81.)
—Sealea bidswill be received until February 19 at the office of
C. H. D. Summers, City Clerk, for the purchase of $88,000 of
water-works bonds and $1,500 of redemption bonds. Both
loans will bear interest at the rate of 5 per cent, payable
semi-annually at the City Treasurer’s office, and will mature
February 25, 1914.
Hillsboro Connty, N. H.—The County Commissioner of
Hillsboro Countv will receive bids until March 1, 1894, at the
court house in Manchester, N. H., for the purchase of 4 per
cent bonds to the amount of $117,000, issued to fund the float
ing debt. The securities will mature January 1,1914, and will
be subject to call after January 1, 1904.
Hoboken, N. J.— (S t a t e an d C i t y S u p p l e m e n t , page 59.)—
Sewer bonds of Hoboken to the amount of $100,000 will soon
be issued.
Hudson Connty, N. J.—(S t a t e and C i t y S u p p lem en t , page
60.)—On February 1, $500,000 of Hudson L
’ounty public road
bonds were awarded to Messrs. Benwell & Everett at 102-5 and
accrued interest. Tne securities will be dated March 1, 1894,
and will mature January 1, 1924 (int. J. & J.), and both in
terest and principal to be payable in gold. The bonds will be
exempt from taxation and a sinking fund is established
which shall be sufficient to redeem them at maturity.
Jamestown. N. Y.—(S t ate a n d C it y S u p p le m e n t , page 48.)
—Street improvement bonds of this city to the amount of
$10,000 have been authorized.
to 34 years.
lows:
[V ol ,
l v iii.
The other bids received for the loan were as fol
S treet, W ykes & C o, N ew Y o r k C it y ....................................................
K im b e rly , R oot & D a y , N ew H a v e n , C o n n ............................ ..........
Q u ig ley < i T u ttle , N ew Y o r k C it y .........................................................
5
N. W. H arris A C o ..C h ica g o , 111.............................................................
G eo. A . F ernald *fc Co.. B oston . M a s s .. .............................................
F a rson . L ea ch ,t Co , N ew Y o rk C it y ..................................................
E. H . R o b in s & S on. B o sto n , M a s s .......................................................
1 01-17
100*76
1 0 0 -6 2 5
100-61
100-33
100 0 0
100-00
I’ assaic, N. J.—(S t a t e a n d C i t y S u p p l e m e n t , page 62 .)—
Sealed proposals will he received at the office of the City
Clerk at Passaic. N. J., until February 5, 1894, for $750,000 of
City of Passaic bonds bearing date December 1, 1893, with
a-crued interest to date of delivery. The securities will bear
interest at the rate of 5 per cent per annum, payable semi
annually, and ten of the bonds will become due on December
1, 1898, and ten on the 1st day of each December thereafter
until the whole of the loan is paid.
Port o f Portland, Oreg.—( St a t e a n d C i t y S u p p l e m e n t ,
page 147.)—Charles E. Ladd, Treasurer of the Pore of Port
land, will receive proposals until February 8 for the purchase
of $10,000 of 5 per cent 30-year improvement bonds.
Sandusky, O h io .- (S t a t e a n d C i t y S u p p l e m e n t , page 84.)
—City Clerk A. W. Miller writes the C h r o n i c l e that the
proposition to issue $30,000 of bonds for water-works exten
sion will be voted upon by the elecotrs of that city at the
election to be held on the first Monday in April,
Syracuse, N Y. (S t a t s a n d C i t y S u p p l e m e n t , page 54.)—
Proposals will be received until February 5 at the office of
P. R. Quinlan, City Treasurer, for the purchase of $37,500 of 4
per centrefunding bonds dated February 1, 1894, and payable
February 1, 1904. Interest will be payable semi-annually at
the Union Trust Company of the City of New York. The
bonds are registered and are to be paid for and delivered at
the office of the Union Trust Company. They are issued to
refund bonds maturing February 1, 1894.
Tonawanda Yillage, N. Y.—(S t a t e a n d C i t y S u p p l e m e n t ,
page 55.)—It is reported that the 65,000 of 5 per cent 20-year
water bonds offered for sale on January 25 have been sold to
Isaac W . Sherrill of Poughkeepsie at i01-03875.
An election will be held in this village on February 13 to
vote on issuing $275,000 of 4 per cent 30-year bonds to pur
chase the plant of the Niagara River Water-works Company.
W a te r b a r y , Conn.— (S t a t e a n d C i t y S u p p l e m e n t , p a ge
40.)—On Jan. 29th $500,000 of 4 per cent water bonds dated
Jan. 1, 1894, interest J. & J., were awarded to Messrs N, W.
Harris & Co. of New York, who bid 101-68 and accrued inter
est for the $400,000 maturing in 1919 and 100-41 for the other
Kenyon, Minn.—Bids will be received until February 20 $100,000. The securities were to be issued as follows:
for the purchase of 6 per cent 20-year bonds to the amount of
$ 2 0 0 ,0 0 0 on tlie 1st d a y o f F e b ru a ry , 1 89 4 .
$ 6, 000,
$ 1 0 0 ,0 0 0 on th e 1st d a y o f M arch, 1894.
$ 1 0 0 ,0 0 0 on th e 1st d a y o f A p ril, 1 * 9 4 .
Lansingbnrg Union Free School District No. 1, N. Y.—
$ 1 0 0 ,0 0 0 on th e 1st d a y o f M ay, 1 8 9 4 .
On January 29 4 per cent school bonds of this district to the
They will mature at the rate of $5,000 yearly from Jan. 1,
amount of $30,000 were awarded to Messrs. Rudolph Kleybolte 1899, to Jan. 1, 1918, and the remainder on Jan. 1, 1919.
& Co., of Cincinnati. The bonds will be dated and Eight other bids were received for the loan.
ready for delivery March 1, 1894, and will become due at the
Waynesboro, Pa.—The citizens of Waynesboro will vote on
rate of $2,000 yearly from December 1, 1900, to December 1,
1914. Interest will be payable semi-annually on June 1 and February 20 on the proposition of issuing $15,000 of street im
December 1 at Lansingburg or New York, as the purchaser provement bonds.
West Point, Ga.—(C h r o n i c l e , Vol. 56, p. 767.)—Mayor H.
may desire, the bidder to state also whether coupon or regis
T. Woodyard reports that West Point is no w ready to sell
tered bonds are preferred.
The bonded indebtedness of the district is $12,000, and the $20,000 of 5 per cent bonds issued for electric-light and other
improvements. The securities will mature at the rate of
assessed valuation for 1893 was $6,120,644.
Lawrence, Mass.—(S t a t e a n d Ci t y S u p p lem en t , page 26.) $1,000 yearly from 1898 to 1907, both inclusive, then at the
—Sealed bids will be received until February 8 by Wm. T. rate of $2,000 yearly from 1908 to 1912. Interest will be pay
Kimball. City Clerk, for the purchase of the whole or any able semi-annually in New York City.
Zanesville, Ohio.—(S t a t e a n d C i t y S u p p l e m e n t , page 86.)
part of $327,000 of water loan coupon bonds. Interest at the
rate of 4 per cent will be payable semi-annually and the bonds —Sealed bids will be received until February 19 at the office
will mature July 1, 1923, with an option of call July 1, 1913. of W . M. Shinnick, Jr., City Clerk, for the purchase of $25,They are issued to refund the same amount of 6 per cent 000 of 5 Der cent 20-year water-works improvement bonds,
water bonds falling due April 1, 1894,and are part of an issue dated July 1, 1893. interest will be payable semi-annually
of $900,000 authorized by Chapter 147 of the Acts of the at the Nassau Bank, New York, or at the City Clerk’s office,
Legislature of 1893.
at the option of the holder. A certified check for $500 must
Lockland, Ohio.—The 5 per cent water-works bonds of accompany each bid.
The present bonded debt of the city consists of $355,000 of
Lockland, Ohio, to the amount of $20,000 were sold on Jan
23 for a premium of $524. They will be dated Oct. 1,1893’ water-works bonds and $178,000 of bonds issued for general
and will become due at the rate of $500 yearly from Oct. l ’ city purposes, of which amount $132,315 are special assess
1903 to 1912, and then at the rate of $1,000 yearly from Oct’ ment bonds issued for paving and sewer purposes. Of these
special assessment bonds $29,405 will be paid on March 1 and
1, 1913, to October 1, 1927.
September 1 of the current year. The assessed valuation for
Monongakela, Pa.—The election to vote on issuing $20,000 1893 was $9,000,000, which is about one-third of actual value.
of street and sewer bonds of this city will take place on
February 19.
Mount Vernon, N. Y. (S t a t e and C i t y S u p p lem en t , page
50).—Bids will be received until IFebruary 20 by the Common
STATE AND CITY DEBT CHANGES.
Council of the City of Mount Vernon for the purchase of 4
We subjoin reports as to municipal debts received since th e
per cent sewerage loan bonds to the amount of $25,000. In
terest will be payable semi-annually, both principal and inter ast publication of our S t a t e a n d C i t y S u p p l e m e n t .
est being payable at the office of the City Treasurer. The Some of these reports are wholly new and others cover items
loan will be dated December 1, 1893, and $10,000 of the of information additional to those given in the S u p p l e m e n t
amount will be payable each year on June 1, 1917 and 1918 and of interest to investors.
’ and $o,000 on June 1, 1919. The bonds will be coupon with
privilege to the holder of having them made registered
Buffalo, N. Y.—(S t a t e a n d C i t y S u p p l e m e n t , page 45.)—
bonds and they will be delivered March 1, 1894.
Charles F. Bishop, Mayor. The following statement of
New Haven, Conn.—(S t a t e an d C it y S opplesien t , page Buffalo’s debt has been revised to date by means of a special
g . ) - I t is reported that $60,000 of the third series of Ne w
Haven City School District bonds have been sold to H C report to the C h r o n i c l e from City Comptroller Joseph E.
Warren & Co. of New Haven at 101-5225 and $15,000 to s' Gavin.
Harrison Wagner at 101-85. The bonds bear interest at the
Buffalo is in Erie County, and the city’s tax valuation is
rate of 4 percent, are dated Feb. 1,1894, and are payable in 31 about five-sixths that of the entire county,
TRE
F e b r u a r y 8, 1894.]
CHRONICLE.
235
FREEDOM FROM TAXATION.—The Buffalo trunk sewer bondsOutsland'g are exempt from city taxation.
INTEREST-W HERE PAYABLE.-Interest on the bonds Is payable
Apr. 26, 1899
$25,OOC
Volunteer relief...........18SO 5 A A O
Chicago Fire................. 1880 4 A A O
Oct. 5. 1397
50.00C by City Comptroller in Buffalo and by the Gallatin National Bank in
Montana building..
1890 3>s J A J July 15, '94 to 1905
60,000 New York, as follows:
145,000
~
**“ * ‘ -----Deficiency, ref........... 1890 3% M A S Mar. 1894 to 1905
Interest Payable .
do do
.............1893 3
July
July 1, 1894
15,000
bonds.
T,i .Veto
In both N. T. & Buff.
45,500 VolunteerYork- only— School bridge.
Swing bridge, ref........ 1887 3% J A J
Jan. 1, 1902
Swing
Buffalo Trunk sewer.
relief.
Market.......................1890 8S A A O
>
Apr. 1, 1920
80,000 Chicago Are relief.
Market bonds.
City and County HalU
nan s n»stu award__ x
o
a
u y .u w Sewer bonds—
Plank road awam . . -.1890 3
J AD
June 2, xaiu
1910
115,000
Plank road awards.
Park bonds.
Municipal Court b’ld’g. Railroad bonds.
Hartel Avenue.
Buffalo Charter loan 1891 3Ss J A J {
}
1,1*2,649
In Buffalo only—
Tax loans
Babcock A Seneca St.
Aug. 1, 1902
F A A
100,000
City anti Comity HaU.1872 7
Water loans.
Bird Avenue.
Deficiency loan.
May 1, 1903
MA N
100,000
do
do
.1873 7
Mom lily local work.
Bailey Are. sewer.
Sept, 1, 1905
>1 A S
150.000 Buffalo Charter, 1891. Temporary loan.
do
do
.1873 7
J A J
July 1, 1907
200.000
do
do
.1874 7
CITY PROPERTY.—The elty owns real estate valued at *9,100,733,
31 A 3
Sept. 1, 1910
125.000
do
do
.1875 7
N ov. 1, 1911
do
do
.1891 4>a M A S
50.000 personal property valued at $6,378,319; total, $15,539,532. This total
Yar.
1894
49.927 includes the water works and real estate, valued at $389,000 and per
Monthly local work... 1893 3
Yar.
Yar.
1894
30,387
do '
do
...1893 3% Yar.
Yar.
1894
24,704 sonal property valued at $4,998,107.
do
do
...1893 4
Yar.
ASSESSED VALUATION.—The city's assessed valuation and tax
2. Bonds cob P a r k s :
July 1, 1915
7
100.000 rate have been as follows, real estate being assessed at “ about 65 or
Park ................
J A J
July 1, 19 Hi
J A J
1 0 0 .0 0 0
do . .. . .. . .. . .. ....... 1870 7
July i, 1917
150.000 70 per cent of its actual value.”
do . .. . .. . .. . .. ........ 1870 7
J A J
—---------- — As.sessed YaluatioiD.----------------S Bale of Tat
J A J
Jan. 1, 1918
50.000
do ................ .......1871 7
Personal.
Ileal.
Total.
per $1,000.
July 1, 1919
J A J
100.000 Years.
do . .. . .. . .. . ..
$208,605,620 $20-918121
7
July 1. 1921
J A J
100,000 1893... do ......... — ....... I S *
$13,829,910
197.084,780
20007182
$183,254,870
.1 A J
Jan. 1, 1923
95.000 1892.. ... ..
do ...... ......... ........ 1873 7
179,957,460
11,775.580
21529983
100,«10 1891.. ... ..168.181,890
> Deo. 1, 1924
J A 1
do . .. . .. . .. . .. ....... 1873 7
162,359,450
• 2 0 -3 4 2 5 3
11,003,125
Jan, 1, 1924
J & J
100,000 1390.. ... .. 151,356,325
do ................ ........1874 7
10,344,455
157,512,570
Jan. I, 1925
100,000 1389— ... 117,108.115
J A J
do ................ ....... 1875 7
133,076,805
9,383,405
July 1, 1923
J
J
100,000 1338.. .. .. 123,693,900
do -------- - — ....... 1875 7
33,910,588
1380.. .,. .. 76,238,203
7,022,375
Jam l, 1924
J
J A
do . .. . .. . .. . .. ....... 1878 6
100,000
Feb. 1, 1927
120,000
do -.......
3*4 F A A
The tax rate In 1994 includes State and county tax, $5-075; city tax
3*4 j A J
Jan. 1, 1925
30.000 proper, $15-343121; total, $20-918121,
do ................ ....... 1890
July I, 1910
j A J
do . .. . .. . — -....... tost! 3
50.000
POPULATION—In 1990 population was 255,664; In ISSOitwaa
July 1, 1920
do ......... .
....... 1886 3
j A J
30.000
Judy 1, 1921
do . . . . . . . . . . . . ....... 1991 3W j A J
200.000 155,134 ; In 1870 it was 117,714. ,
3, Rui.Ku.vl> Loan*
Juno 2, 1893
Buff.AJauie* town RR. 1873 7
j A D
75.000
Cambridge, MASS.—(State and C ity S upplement, page
July 1, 1891
1875 7
75.000
j A J
do
dn
William A. Bancroft, Mayor,
1875 7
a . * O tt 1, 1.895
A A O
do
do
77.000 23.. —
l-T < 5
Aug. 25, 1899
F A A
do
do
75.000
A special report to tbe C hronicle from William W . Ballin
*
Jan. 1. 1913
do
dn ref., 1893 3*4 J A J
75.000
ref.. 1993 *% F A A
m . i, io ta
75.000 ger, City Treasurer, enables us to give tbe detailed statement
ref.. 1893 3% J A I> June 2. 1913
t
t
Apr. 1, 1001
A A O
Buff. N. Y. A Phil. KB., 18*4 4
30.000 of indebtedn,‘f „ assessed valuation, A c., o f the city of Cam
N o t. 1, 19 0 2
MA X
Buff. A JametYn RR., 1984 4
75.000 bridge on the first o f December, 1833, the beginning o f the
1885 1 3 A J
Jan. 1, 1904
do
do
75.000
During the year just closed the city has
3 0 .0 0 0 new fiscal year.
Jan. 1, 1004
Buff. N.Y. A Phil. RR., t *85 4 J A J
Apr. 1, 1902
Buff. A Jamct'n KK , to— 3*4 A A 0
75.000 issued securities to the amount of $200,000, of w hbb $150,000
Fob. 1, 1904
do
do
75.000
1888 3*4 F A A
Jam 1, 1900
Buff, N Y. A Phil. RR., 188M 3*4 J A J
40.000 belong to the water debt and $50,000 to what is locally desig
{lot. 2, 1909
do
do
1890 3** A A I)
100,000
July l, 1910
100,000 nated as the “ Municipal Debt," the coit and payment of
do
*to ref., 1990 3% J A J
fo r 15, 1910
do
do ref,, 1890 3*4 J A t>
100.000 which comes upon the holders o f property. The details of
July I, ism
do
do ref., 1891 3*4 J A J
100,000
July 1, 1912
do
do ref., 1892 3*3 J A J
100,000 the new loans, which will be found listed in the general bond
u ig.l/fn toiiw s
Schools.............
3** r A A
table, below are as follows;
Mt-siruvtL Dear.
Watch Dr.or.
(to
.......... ......1999 3% M A »
Bridge Bonds—
Water Bunds do
............ ......,1892 3*s A 4 0
A
Apr. I, 1912
1.50,000 4*. F A A. *10,000 Au« 1, 1923. i 4s. FA A, $100,000 Feb. 1, 1913.
school Inslldlns bonds is, F A A, 50,000 A uk . I, 1913.
4. Sewer I oav. : Bird Avenue..,,
4
N
239,000 4*. M. A H. *40,000 Nov 1, 1903. !
M A s May 1, 1013
It may be of interest to note that the $10,000 added to the
Buffalo Trunk 1898-90..... 3 % F * a }
> A A
•
1 ^ 5.000
3*» J A 4
Batter Arena*
J
July 1, 1918
200,000 bridge loans this year was Issued for the completion of the
Buffalo Trank.. ...19*9-90 3*4 F A A
Aug. 1, 1919
10,000
Buffalo Trunk,..... 1890 3*4 F A A
5,000 new Harvard bridge and approaches, snaking a total o f
Aug. 1, 1020
$400,000 contributed by the city of Cambrige toward the cost
do
. tos6'87 3
V A A
do
........ 1897 3
F A A
Aug 1. 191,
5,000 of that structure.
5
Babcock A Seneca M.. 1986 3
> A
1
May 1, m i
.10.000
The figures o f assessed valuation for this year show an in
do
3
do
MA N
30.000
May 1, 1912
Bertel Arenac ........1897 3
F A A
200.000 crease in real estate of about $2,000,000 while the personal
An*.
1917
LOANS—
' -Interest.—
NAME AND PURPOSE.
Pale Payable.
1. City Loans—V akiovb Purposes :
5 , T a x .Lo a n #
1
Tax loan................... 1890 4 8 J A V
do
...................1*91 ‘
“F • 'A
A
•to
do
.1 8 8 8
1990
.1 8 9 0
, .1 8 9 2
3 Si
3
3
3 Si
do
.................
Te»p. loan fwater. > ,.1893 4
(to do
...1893 4Sj
« W * tt,8 Bonos
W ater................ .....1973
do
........
1974
do
.................. 1974
1874 75
do
........1 8 7 4
do
do
.1970
7
7
7
7
7
F A
V
F a
A
F A A
FA A
July
J AJ
MA 8
A A O
J A J
F A A
A A O
---------- Principal ----- -----When Due.
June 29,1900
Aug. 1. tout!
Atlg. 15, 1893
Aug. 1, 1994
Aa*. 1. 1885
Aug. 1, I.9II7
July 1, 1804
July 1, 1891
Sept, I, 1903
Apr. 1, WON
July 1, 1900
Atlg., ItHl-ir.
Get. t. 1909
Jan. 1, I Mm
July 1, 1««I
QtM. % 1898
Apr. 28. 1809*00
July I, 1904
Sept- 1, JOOl
Nov. 20, 1997
Apr. 25. 1900
Apr 1, 1801
July 1, 1905
Pet. 1, 4803
200,000 property has fallen oil $120,006,
8 1 ,5 2 5
8 1 .0 9 2
9 9 ,5 3 8
79,582
130,039
-
3,085
2 0 0 ,0 0 0
100,000
100.IXH)
200,000
7 9 ,3 8 0
5 0 .0 0 0
J A J
100,000
do ........... ......... ..1870 0
J A J
5 0 .0 0 0
.1879
m a a
.! *
do .... .. ___ 1870 H 5
O
200,000
A A O
5 0 .0 0 0
do ......................1990 4
J A J
•to ........................1890 4 M A S
100,000
do . . . . .
1880 S M A N
84.000
do ...................... .1891 i A A O
too.000
.1891 4
A A ft
90.000
.1595 3 1 J A J
*
100,000
(to
100.000
. 1880 3Sa A A O
•ii.
100.000
1-97 8% M A u
M, h. 1. WOO
30.000
do ....................... 1997 3*4 A A O
Apr 1. WOO
do . .. ............... W98 rt‘3 J A I)
100,000
June I. 1802
do ...................... 18. 9 3 S J A D
h
t
57,500
J a n e 1 ,5 ,1 W «
do - ..... ................1988 am j a j
375.000
June 1 5 , *814
do ....................... 1999 3Si J A J
Dee- 1, IW*
100.000
May 1, WISt
■to ......
1888 3 »s ,MA N
225.000
Aug. I. W
OO
do .........
1888 7
¥A A
100.000
l 15.000
do .............
1888 3*4 A A O Oct 1. tIK *
K
do ttsfundiiSft_ 1990 3% J A J
_
150.000
J A J, 1810
100.000
do
do
_WOl Si* J A J
Jab. t. to il
50.000
do
do
... 1991 3% K A A
Aug. I, 1911
lOO.OtXl
Nor. 1 . 1911
do
do
.... 19013«® A A O
Oct 1, 1012
dn
d«
.1882 3 Si A A O
100,000
do
do
......1883 31* J A r»
100.000
Dee. 1, 1912
TOTAL DEBT, SINKING FUNDS, Ere.-The subjoined statement
Yhow* Buffalo'* total municipal debt, the sinking fond held by the city
against the same, and the water debt, on each of the date* mentioned.
Jan. 1,1894
Jan. 1.1902. Jan. 1,1801.
$10,090,309
*9,080.,"JO
Total bonded debt. . ..... * U .528,820
Staking funds................
*48.003
271.530
290,457
Wet debt— ...............*11,178.734
Water debt duel. above',. *3,035,882
*9,8272900
*3,435,8*2
The tax rate was fixed at
$16 40 per $1,000, an increase of 40 cents on the rate for 1892,
and the heaviest which has been levied for a long series Of
years. The increase is accounted for by the unusually largo
State tax of 51 *01 per $1,000, in a Mition to which 33 cents per
$1,000 i- paid to th • State on account of the metropolitan
sewerage syrtem initiated about four years ago and not yet
completed. This undertaking is carried through by commis
sioner* appointed by thejtgovernor, Tbe State issues its own
bonds and yearly av- wes upon the several towns and cities
twnefilted by the sewers a proportionate part o f the cost for intereft sinking fund and maintenance, baaed upon both popula
tes,, and wealth.
The prices received by the city for her loans issued in 1893
have not been reported, but in May, 1892, Cambridge sold 4
per cent 20-year water bonds at 108 09 a n l 10-year street and
building bonds at 108-20, while in December o f the same year
4 per cent 20-year water bonus and 10-year paving and school
bonds were ail awarded at 103-15. Oa the 23d January, 1894,
♦ per cent 30-year park bonds were floated at 106-89.
This city is in Middlesex County.
LOANS~ -M
N E AND purpose.
AM
P ct.
Bridge toanmanmrtto.) 1887 4
<
to
do do
------- 1888 4
do
do
do
...1888 1
do
do (to
....1889 4
do
do do
....1890 4
do
do ................... 1891 4
d.
do Harvard...... 1891 4
d>.
dodo
....1893
4
Building loan................... 1802 4
Land loan.......... .............1888 4
Municipal bond*.............. 1885 4
Park bonds...... .............. 1*94 4
Paving.............................. 1874 0
90.700.279
do
............................. 1875 6
*3,435,882
do
1892 4
e r e t t , ~ ---------- Priori,trial,----------When Due. Ouleland’g,
Payable,
A A O Oct. 1, 1917
. T A J July 1, 1918
m t
1 0 0 .0 0 0
M A 8 Sept. 1, 1918
115.000
M A S Molt. 1, 1919
5,000
Nov. I, 1920
M AN
15.000
J A J Julr 1, 1901
60.000
J A J July 1, 1921
10,000
F A A Aug- 1, 1923
20,000
M A .V May 2, 1902
83.000
F A A Atlg. J, 1898
200.000
A A O Apr. 1, 1895
110,000
F A A Feb. 1, 1924
130.000
J A J July 1, 1894
25.000
J A J July 1, 1895
50.000
Nov. 1, 1902
M A N
THE CHRONICLE.
23
LOANS—
NAME AND PURPOSE.
School house.............. ,...1890
do
do
do
.............. 1891
do
do
.............1892
do
do (h’id’ic loan)). 1893
Jo
...
...1875
Sower
...1876
do
do
...1874
do .
...1875
do
...1887
do .
...1889
do
...1890
do
do .
do
Street loan................. ...1892
Street widening....... ...1873
do
....... ...1874
do
...1875
do
do
...1890
do
do
Cemetery.................... ...1885
Water bonds............... ...1.874
do
do ............... ...1875
do
do ...... ........ ...1876
do ............... ...1877
do
do ............ . ...1878
do
do ............... ...1884
do
do
do ............... ...1887
do ............... ...1887
do
do .............. ...18S8
do
do
do ............... ...1888
do
do ............... ...1889
do ............... ...1885
do
do ............... ...1890
do
do .............. ...1890
do
do .............. ...1891
do
do
do ............... ...1891
do
do ............... ...1892
do
do ............... ...1892
do ............... ...1892
do
do
do ............. ...1893
do ............... ...1893
do
do
do ............... ...1893
do ............. ...1886
do
do
do ............... ...1886
do
do ............... ...1886
fVot,. L V 1II,
shows Cambridge’s total m unicipal debt, the sinking fund held by the
olty against the same, the water debt and its sinking fund on the first
o f D ecember o f each of the last three years.
1892.
1893.
1891.
$2,439,000
Total bonded d ebt.....................$2,2lG,000
$2,294,000
772,280
Sinking funds...............................
632,815
651,827
- Principal
,— Interest.—.
A m oun t.
P. C. Payable. When Pile.
M & N May 1 1900 $100,000
i
100,000
4
j & j Jau. 1 1901
50.000
4
j * j July 3, 1003
20.000
4
M & N Nov. 1, 3002
40.000
4
M & N Nov. 1, 1003
20.000
A A 0 Oct. 1, 1895
0
29.000
6
J A J July 1, 1890
136.000
6
J A j •Tilly 1, 1903
295.000
J A J July 1, 1901
0
141.000
J & j July 3, 1905
0
30.000
■
i
M & N Nov. 1, 1907
22.0 00
4
M A J Nov. 1 . 1909
N
15.000
4
M & N M ay 1, 1910
15.000
4
J & J July 1. 1911
3% >1 & N Nov. 1, 1896
25.000
55.000
4
M & N May 2, 1902
10.000
J & j July 1. 1903
6
90.000
T
G ■ & j July 1, 1904
6
J & j July 1, 1905
14.000
8,000
4
,T & j Nov. 1, 1899
F & A Aug. 1. 1905
65.000
4
150.000
A & 0 Apr. 1, 1894
(i
160.000
ti A & 0 Apr. 10, 1895
j & J July 1, 1896
103.000
0
16.000
is J & ,! July 1, 1897
j & J July 1, 1898
12,500
5
36.000
M & N Nov. 1, 1894
4
90.000
4
A & 0 Oct. 1, 1907
M & N Nov. 1, 1907
22.000
4
46.000
J & j July 1, 1908
4
F & A Aug. 1 , 1908
25.000
4
4
20.000
J & ,i July 1, 1909
M & N May 1, 1910
288.000
4
4
J & j July 1, 1910
75.000
M & 8 Sept. 1, 1910
125.000
4
J & .1 Jau, 1, 1911
20.000
4
A & o Oet. 1, 1911
4
35.000
4
J & ,1 Jan. 1, 1912
150.000
M & N May 2, 1912
4
75.000
4
M & J Nov. 1, 1912
S
45.000
4
F & A Feb. 1, 1913
100.000
4
F & A Feb. 1, 1913
100,000
4
F & A Aug. 1, 1913
50.000
M & j Nov. 1, 1906
N
43.000
1 0 0, 00 0
3*2 A & 0 Apr. 1, 1911
3% J & j July 1, 1911
75.000
N et m unicipal debt Dee. 1 ..$ 1 , 583,185
Legal debt lim it.......................... $1,842,528
Water debt (additional).............$1,861,500
Sinking fu nd s.......... , ................
686,867
$1,666,720
$1,769,972
$1,711,500
602,019
$1,642,173
$1,664,435
$1,776,500
814,319
Net water d e b t..................... $1,17-4,633
$1,109,481
$962,181
Net city and water debt........ $2,757,818
$2,776,201
$2,604,354
The city has no floating debt.
The sinking fund for the ten-year loans receives yearly 8i> per cent
2
o f the amount o f outstanding bonds, for the twenty-year loans the sink
ing fund receives 3 ^ per cent yearly, and for the thirty-year loans 2 p.o.
C IT Y W A T E R W O R K S .— The city’s water w orks are valued at
$3,133,349. In year 1890 receipts from w ater rates w ere $231,117
The expenditures for m aintenance w ore $1 5,663) interest, &e., $82,1 9 5 ; total, $127,858.
ASSESSED V A L U A T I O N .—The city’ s assessed valuation and ta x
rate at various periods have been as follow s, real estate being taken at
about cash v a lu e :
- Assessed V alu ationBale o f Tax
Personal
Years—
Total
Beal
p er $ 1 ,000 .
$17,500,189
1893...........
$76,281,689
$16-40
17,620,195
1892...........
74,240,095
16*00
16,445,270
1891.......... .
70,581,670
15-50
15,339,925
1890.................. 52,235,000
67,574,925
1514,960,100
1889..........
65,284,275
1614,296,740
1888.......... ....... 48,420,600
62,717,340
15-00
12,758,255
55,346,555
1885.................. 42,588,300
1511,699,660
1880.......... ....... 37,929,400
49,629,060
16The ta x rate fo r 1893 includes State tax, $1 -01; M etropolitan sew er
ta x (paid to State), $0 -23; county tax, $0 -8 3 ; city ta x proper, $14-33.
P O P U L A T IO N .—In 1890 population was 7 0 ,028 ; in 1880 it
52,669 ; in 1870 it was 39,634.
was
Charleston, S . C.—(S t a t e a n d C i t y S u p p l e m e n t , page
165.)—John F. Kicken, Mayor. The following statement of
subjoined statement Charleston’s debt and general financial condition has been
IN TE REST-W H ERE PAY A B L E.—Interest on all the bonds Is
paid at the N ational Bank o f Redemption, Boston.
T O T A L D E B T , S IN K IN G FU N D S, E m - T k e
N E W LOANS.
NEW
N E W LOANS.
LOANS.
8 600,000
R EF UNDI NG
$ 60,000
BONDS T E R R E HAUTE,
IND., M U N I C I P A L
Street Improvement
SIX PER CENT BONDS.
OF T H E
City of Indianapolis.
D ue on e to ten y e a rs, a v e r a g in g fiv e and
o n e -h a lf y e a r s. D en om in a tion , Sl»O 0O .
D E P A R T M E N T OF F IN A N C E ,)
O f f ic e oi- C m ' C o m p t r o l l e r , (
I n d i a n a p o l i s , I k d ., Jan uary 18th, 1891.
Sealed b id s w ill b e received by th e City o f Indian■apolia, Indiana, th rou gh th e City C om ptroller, until
Fobrum-y iBtb, 18M, a t 12 o ’clock M. f o r th e w h ole or
a n y part o f tfluOJJUO Hefundii.fr Bon ds o f said city.
Said bonds w ill b e designated "Indianapolis R e fu n d
ing B on ds o f 1894,’ ’ will be dated M arch 1st. 1894,
and w ill be in d enom ination o f Sl.ouo each, w ith
cou p on s attached j w ill draw in terest at the rate o f
f o u r per cen t per annum , payable sem i-ann ually on
th e 1st o f July and January, th e principal paya ble in
th irty (30) years, w ithout option, an d both principal
a n d in terest payable a t the banking h ou se o f
V, ihslow , bon ier & Com pany, N ew York.
These bonds are to be issued and sold for the pur
pose o f laking up certain outstanding Bonds o f said
c ity ,w h ich becam e due July 1st, 1SU3, in th e sum o f
$000,oou.
B ids f o r th e purchase o f said bon d s sh ou ld be
Indorsed, ‘P roposal f o r R efu n d in g B on ds” , and
Indiana. t0 ™
City C om ptroller, Indianapolis,
B idders m ay bid f o r all or any part o f said bonds.
T h e proposals w ill b e open ed by th e City Com p
tr o lle r at his office o n th e 15th day o f February, lsiti,
betw een the hours o t 12 o ’ c lo c k M. and 2 o ’clo ck P.
M ., and said C om ptroller w ill th ereupon aw ard said
b on d s, or i f h e shall see lit. a part o r any num ber
t h e r e o f, to th e hip b e s t and best bidder th erefor,
a “ d J*™
,v e th e righ t to accept a part o f any bid,
K0I\iaiDy b,<* J't*® w l,ole o r any less
n u m ber o f th e bonds cov ered by such bid, h e being
nr
v?f t b e sufficiency o r insufficiency
k ? m ay in his d iscretion aw ard a
part or said b inds t o o n e bidder, and a part to anot£ ® W , 5 e IF*iy re3ec a » y or alt bids.
L _ .a
J1J)e accom panied w ith a duly certi-
INTEREST JANUARY AND JULY.
ALL PAYABLE IN NEW YORK.
Rudolph Kleybolte & Co.
INVESTMENT BANKERS,
C IN C IN N A T I,
-
O H IO .
825,000
School District Bonds.
Legal Investments for Jew York
Savings Banks.
P a r tic u la r s upon A p p lic a tio n .
C o n s u ltin g
M in in g
E n g in e e r
M e t a J lu r g la t ,
and
No. 1017 Seventeenth Street, Denver, Col.
8 P S f f ^ i H l f ,n .,r h e a
EJ,r,f r ^ Bxa,nl,lati011 ° f M ining
Investments and Metallurgical Enterprises.
K
P A R T IC U L A R S
UPON
A P P L IC A T IO N *
MEMBERS OF THE NEW YORK AND BOSTON
STOCK EXCHANGES.
DEALERS IN COMMERCIAL
APER.
Blake Brothers & Co.,
28
5
STATE
N ASSAU
STREET,
S T .,
BOSTON.
NEW
YORK.
Street, Wykes & Co.,
44 W ALL STREET,
NEW Y O R K .
Galveston City Bonds for Sale.
T h e City o f G alveston, T exas, offers f o r sale
Sealed bids w ill b e re ce iv e d b y th e u n d ersigned
1 , o r any parfc o f th e a b o v e bonds u p to 12
O’ c lo c k n o o n , F eoruary 19,1894.
T h e rig h t is re served to r e je c t any o r a ll bids.
D . B. H EN D E RSO N ,
Chairm an F in an ce Com .
Galveston, Texas.
W . J . Hayes
& Sons,
b a n k e r s
,
D e a l e r s in M U N I C I P A L
m - 3 1 3 SupeHor 8t.u
7 Kxcbau«e plac55O IO >
S D
New York State Bonds.
WE BUY AND SELL
5 per c e n t 40-year lim ited d e b t bon d s o f 1891.
CITY COUNTY AND SCHOOL BONDS
IN THIS STATE.
CORRESPONDENCE SOLICITED.
Farson, Leach & Co.,
2
W ALL
ST.
BONDS,
re8tmentslallwsy B i8 ana other high grade inoI1<
EDMUND JB R IltflY ,
.
FOR INVESTMENT,
P r ic e on a p p lic a tio n .
$ 3 0 0 ,0 0 0
per cent o f lh e
o r oar value
for, W bich ch eck and sum o f m o n e y
w ill be fo rfe ite d to th e city, as agreed and liquidated
lf b °v?d s slia11 be aw arded upon said bid
E j . l ^e. purchaser shall fail to take up the said
*he proper tim e, but ail ch ecks n o t so lo rth e r e io ? ha11 b6 reLm ned to th e Party entitled
J>onds aw arded w ii! b e delivered a t th e bankjffig h ou se o f W in slow , Lanier & Com pany New
D al?inr^fn^hB8 day, but th e date f o r taken g up and
ft,rt,8i#4K
,m ,st be tak in up and
paid ror on that,
p ayin g fo r said bond s, so fixed, m a y be e xten d ed at
J b e o t d io n o f t h e C om ptroller f o r a pef-hid o f ten
tik i
1‘i-d ,d,utt'- ana th o Purchaser shall
T ’ 7 f o r th e sam e at an y tim e upon th e
req u est o f t b e C om ptroller w ith in said te n days.
P. C. T R U 8 L E R ,
^
__________
City C om ptroller.
BONDS
10 WaU street,
New York.
Cable Address, ’- KENNETH.”
D e a le r s lu In v estm en t S e c u r itie s .
R O M n C
YIELDING AN INCOME OF
4%
TO 6 %
CITY, CEO, A. LEWIS & CO., Bankers
COUNTY
132 LA S A LLE S T R E E T ,
SCHOOL SEND FOR LISTS.
CHICAGO.
60
00
50
00
Febru ry a 1 f.j
a
8
THE CHRONICLE.
corrected to date by means o f a special report to the
C hronicle from City Treasurer J. 0 . Lea.
CbaiWston i-s the county seat o f Charleston County. In
consequent of tb? war she city's bonds became overdo®,
pi incited an l interest. The conversion bonds were issued to
settle this indebtedne-s.
LOANSVhru Du,. <-, AAO. $91,50,*>...... Ypr. 1 ,I*9S
C<.vv> !.-!i)S- Bond—
: 6s. A&O, 18,000......Met. 1,1-898
7-. AA*0,
...O ft 1.1894 3*. AdtO. 30,0th t ....Oct. 1.1922
7s. AdcO, 9t.no.)....... Ort. t, l«y.n : ■ ARO, 56.00t> . . Oct. 1,1923
»*,
.
Ts A.VO. 67.000
Oil. 1, 1896
.t.v.l. 23,000...... In •* rears
- .<
»
t o ,
2 0 ,0 0 0 . ,
<>ct, 1, I Sits', is, JA'.t.S,3 0 0 ,2 0 0
--------
:: *.c ■
PAR VALUE OF BONOS.-The bou.U are coupon tr-.n.l- fo r $100,
•$5OO#»<t$t.O0U.
INTEREST.-Interest is payable at Charleston City Treasury; cou
pons are all tax-receivable,
TOTAL DEBT, SINKING FUNDS, Erc.-TUe subjoined -tatemeut
show s Charleston's total municipal debt nu the first of Juuuarr of each
-of the years mentioned.
179118931.
1792.
1891.
Total !»»mled d.-l.i . 83.8so.900 83.887.000 83.907.000 83.925.700
DEBT LIMITATION.—The city--an i*-*'te additional twmdsniiiy when
authorised by a two-thirds vote of Its ell irons at a popular election held
in accordance with a two thirds cote of both the City Council and the
State Legislature.
ASSESSED VALUATION.—Ti,,- city's assessed valuation (about %
-cash ralae* and tax rate have been as follows;
—— --- * 1»«**«. < Valuation. — — —
—
i
r,w per
Y'ltre.
Real,
TertO U
H .il.
Total.
$1.000.
1805.. ............. *J«,591.139 87.081,005
$23,ti.V„*,74 I '835*00
1690.. . ......... 1 t,<to*i.92i)
7,026.196
21,987.113
31 **5
0
1891................... 14,879,130
6.534,601
21,43,3,031
28*25
1890.......... - ....... I l,so«*U.<»0
9JSMJN0
21,866,139
.......
1689 ................. 1-1.720,709
6,699,087
21,121,083
34-25
...... .................... 1t. '-27.350
7,012.201
31,569,535 33*75
26 7
Seattle, Wag It.—(State and City' S upplestest . page 148,)—
T. T. Ronald, Mayor. The statement regarding Seattle’s debt
and finances given b -liw has been revised to date by meat s
o f a special r-port to the C hronicle from Comptroller ,J. M.
Carson.
Seattle is situated in King C* unty.
L O A N S—
IFAcn Dae.
J u d g m en t B on d s—
Condemnation* Award Bonds— 5s. a.AiO, $275,0002. Apr. 1, 1912
Se w e r B o n d s —
F unding Bonds—
5s,
$190,000 g.JuIy 1, 1912
3s, J&J, sum,000 .... Julv 1, 1911 5s.
250,000 g.July 1. 1913
58.it, AAO,8135.000g.Apr. 1, 1912
s k iv e r T t’ NSBt B o n d s —
(lEN'EEAi. B o n d s —
5s. g.,.JW.I, $95,000 g ,luly 1, 1913
5s. g. AAO.82l0.000g.Apr. 1, 1912
W a t e r Bo nd s—
Grand Street Bonds—
f*R g, JA-.I, $205,000 g. July 1, 1912
.
5s. g.A & O , $230,000y. Apr. 1, 1912
Ss. MAS. $20,000....... Sept. 1. 1895
W a te r
vxd
Se w e r B on d s—
($5,000 yearly) to 1898 5s, JA-J. $955,000......Julv 1. 1910
INTEREST on a ll bonds is payable to Now York and on water boud 3
at the otfice o f the City Treasurer also.
TAX FREE.—Ail the bonds issued by this city are exem pt from
(a ratio n.
TOTAL DEBT.—
The follow in g statem ent shows Seattle’s bonded
debt. Including the water debt, the floating debt and the total city debt
on each date named.
Jan 1,1894.
Bonded debt.................................. .............. $2,910,000
Floating debt......................................... .
630,000
Jon. 1.1893.
$2,565,000
520 000
Total ...................................................$3,540,000
Water debt (Included to bonded debt)........ $1,050,000
$3,085,000
$930,000
ASSESSED VALUATION.—The city's assessed valuation (about *\
actual value, and tax rate has been as follows in the year* named.
-------------- .4ssy**r(f Tal nation.------------- . Tax rate
Yean.
lieu!.
Ftrmmal.
Total.
/,.-,* $1.000
1 8 93................. $32,66* . 120
$5,553,31$38,230,738 $2-6*80
18**2 . . . . .
37.692.331
5,910,385
43,802716
........
1691 . ,
.. 38.386.755
0.239,740
11.626.495
.........
* Tax rate in 1893 (included State tax, 810*00; city tax. $33*00; school
...............
20,340,000
tax. 82-Orti total. $35*00. In 1890 the city tax was $3300 and the school 1890..........................................
The tax rate f, r 189:1 included State tar,$3T75 ; county tax. $5*825;
rax r 1*75.
POPULATION.—In 1890 population was 54.955 : in 16*0 it w»» city tar, $13*00. and school tar. $6*80.
49,964 ; to 1870 it was 16,950. According to local figure* the popula
POPULATION*—
The population in 1890 was 42,837; in 1880 was
tion to 1893 wa» 60,000.
3.533.
CHICAGO.
CHICAGO.
CHICAGO.
The
Title Guarantee & Trust Illinois Trust & Saving!
EquitableT rust Com pan}
Company
Bank.
185 DK4BBORN «T., (1 1 1 (4 6 0 .
CAPITAL, PAID UP, -
-
-
$ 5 0 0 ,OCt
S U R P L U S ,...................
-
-
6 0 ,0 0 (
OF
C H ICA G O , ICC.
CHICAGO,
9*4, 94 4k 96 WAMHISUTOM HTKKKT.
Capital. »«td-B» .............. ....* 1 , 600, 00,
fadtvlded wamlers, lacladlax
n rplaa ..................... ......... ..
*J39,09>
Oepaaltad with State AadJtar. . 209,00,
AUTHORIZED trr LAW TO S K B V I and «
sente trust* of every character from cooru, corners
liens and tndivtdeal# Takas entire charya at estate,
veal and personal. Art# as
tor U resSstr*
rn
turn and t:»:s»f«r of sends and stock* and iha oaf
•w of coupon*, tetereet and dividend*. A lac*
ant
depository for court and trust fund*.
ISTRKSfST AUOKISDtW DSP08IT Hot mesa;
able* ssay be mad* at any Urns and withdrawn aft#
•am am}*' notlee, or at a Owed daf*.
TBtittT rxm w a nu trust investments
*r« mtFj lWMla and apart from t»« ****** *t th*
ammmmr.
aCABASTKBJ TITLES"t O BIIA1. *8TAT«.
MAKES AR-TRACTB Or TITLE,
b irr * Is M s U n In r«*i eat at# sw s flfls
k tetesd n aSorded by s « atber system e
doing business.
laaortlwrttad ay tasrioac* m RtwhKraf of 8u«*
and VatJdA toseottvr, Rweirsr and Trust** to
SstatM. ayudSesm indiTtdnal* U fi Corporatlwa,
ta,
K
and trust **cttxftt*s kept separat,
from tit* asset* of toe Company.
( ORUKrtl’ OSUKNrfc aO M ( (TSIk.
ni.«*CTOM:
xzsu r. h atch ,
chas . ti. iiclb u sd ,
M. W. K4KWI.V.
a m . 5. CUV IC .
R
«AKRT RtJBESB.
MACKlCK««tiaty*U
f. *. WAIAH.
«AMtrSLD,WAED.
OTTO TO0SO
OinoJBMb
O T.V * GABSWff. t’ rseldaut.
W .N
A. » . SKU.KRA. Viee-Fresideo
4KCUTBAII A. STEWART. Bmuetary.
CHAA R. LAItltABSE. Treasure
r*Af*K H. PBI.LEM, Treat OtBcsr.
DIRSCT0R8:
o fn c iM i
4. R. WALML Ptaatdant.
,S 5t
S
•HAS. H. liCLBURD. Vtoe-Preeldeot.
SAMUEL » . WARD, Trsasarcr.
LTMAN A. WALTON. Secret***
Jamieson & Co.,
ST O C K *-
7 -ember* Saw Tor* and Chleaco Stock Eachaaces.
LN7 8 K 4 B M B X 8TBSKT.
("biraao. Ilia.
Private W to Saw York and S-hiSadeSpbia.
lra
Loeb
&
Gatzert,
MORTGAGE BANKERS,
1 2 5 i .k
a %1,1.4: v r m
i :t
.
n il* to o .
F irst M o r t c a e c a f nr t a le in la r g e a n d s m a ll a m o u n t *
■a a t t h m investor* 5, « a and « -per cant, m s red by
Improved and income-heart n« CSlicaau city property.
P r ie d * * ,! and i s t t n m t p a y a b le In (Jatil.
c o i u u s m *» i»r.N( * w
l ic i t ku
'damua! B. O mum,
m vm w u
A. G. Becker,
$ r . , * a so *
H E R M A N
to
8 C H A F F N E R
&
C O .
CAPITAL AND 6VKPLC8, - 63.300,01 •
INTEREST 4LLOWED OH BEPOSIT8.
orn csR S :
John S. M
ttehaU, PresJUct,,.^
Jama* S Stbhs. cSb*r. 9.1
o u t s o r t *)u$
Vtadevtak T
Armrn f
r
m*a.
ism.
The United States Life
Insurance Co.
IN T I I K c m
OF N E W
YORK.
orncBJta.
HKOROR H. KI KFOKI), Pre.ldept,
a P. YRM.BI0U....................................$ocratary
*. WHRIfLWtlKiriT............. Assistant Secretary
WM. T. 8TANDKN................................. Actuary
ARTH ens C. PKRKY................................. rashler
lOHS P. MUSS.........................Medina! Director
EISANCB COMMITTBK.
OKO. O. WILLIAMS...........Pres, ('hern. Sat. Bank
JOHN J.Tl'Dgsit........... ......................... onllder
B.H. PKKKIS8, JR. Pres. top. * Trader**Nat. B
*k
Th» two r * '
■*
***“ ------- *
— -■
are the
COMMERCIAL PAPER,
151 La Salle StreoL
* Chicago, 111,
A O. 6), A! Oirrim. Member l». Y. Stock Rxchancc.
X M v. bar Bit, Member Chicago Stock Kxciisnae.
V .
« th e e x te n t uf tb e 'fu ii ,ck# i re s e rv e ; » i n tn e r e o f
n hcSa"1 110* " lth Ul® ,4rai’ *tKl condition* of these
*
A O. Slaughter & Co , 3 S S
I U N K IC K 6.
! I l - l 13 1.1 SALLE WTKF.ET.
C H IC A G O . I M . s ,
< b l r a g n W c c n r l i t c s llo n ir h t n n d H o l d .
S
.S
* * «
Arch’d, J, C. Anderson,
P U B L IC ACCOUNTANT,
1 97 W a t e r Street,
NEW Y O R K
THE
288
v l l nr
o. v
CHRONLCLE.
tf ottou.
Cotton
fin a n c ia l.
Walter T. Hatch,
Henry Prescott Hatch,
Arthur Helvin Hatch
W OODW ARD
Members o f N. Y. Stock and Produce Exchanges,
& S T IL L M A N , IN M A N , S W A N N & Co
W . T . H atch & Sons,
96 Broadway <c 6 Wall St., New York,.
f
MERCHANTS,
16 to 22 W ILLIAM
NEW
COTTON MERCHANTS,
STREET,
N ew Y o r k .
YORK.
Dealers in Investment stocks and bonds.
Personal attention given at the N, Y. Stock E x
change for the purchase and sale on commission ostocks and bonds fo r cash or on margin.
Interest allowed on deposits, subject to draft at»
sight.
COTTON OF A L L G R A D E S S U IT A B L E TO
W ANTS OF AM ERICAN SPINNERS.
I .n m
Lih
am
m iv
.
St e r n
h ttbh
a
Co ,
Co , Limited, New Orleans, La.
Montgomery, Ala.
LEH M AN
BROS.,
Henry H en tz & C o .,
COMMISSION
MERCHANTS,
F.
H.
Prince
COM M ISSION M E R C H A N T S ,
No. £0 Exchange Place,
COTTOM
at the NEW YORK, LIVERPOOL AND NEW OB
LEANS OOTTON EXCHANGES. Also orders foi
YORK.
MEMBERS OF T H E STOCK, OOTTON, CO I
FEE AN D PRODUCE E XCH A NG E S,
New Y ork.
Hubbard, Price & C o .,
OOTTON EXCHANGE BUILDING,
M EW Y O R K .
General Commission Merchants.
Members New York Stock Exchange, New York
Cotton Exchange, New York Produce Exchange, New
York Coffee Exchange, Chicago Board o f Trade.
Orders executed on any o f the above Exchamses,
also for purcnase and sale o f cotton for taacae de
livery in New Orleans and Liverpool. LKtafUi ad
vance* made on cotton consignments.
P R IC E , R E ID
C O F F E E
<fc C O .,
N orfo lk , V a.
Special attention given to orders for cotton for
foreign or domestic shipment.
COTTO N , COTTONSEED
O IL
AN D
SO U TH ER N PRODUCE
COMMISSION
MERCHANTS
R oom 5£« Cotton E xchage B u ilding,
NEW YORK.
Gustavus O. Hopkins,
Charles D. Miller,
Crenshaw & Wisner,
1C dk I S E x c lia u g e P l a c e ,
COMMISSION
N ew Y o r k .
M ERCHANTS,
Members o f the Cotton, Coffee and Produce Exch’s.
SULPHUR
P R O V IS IO N S
B A N K E R S AND B R O K E R S .
Contracts for Cotton Future Delivery executed on
the Liverpool, New Orleans and New
York Exchanges.
NEW Y ORK,
| N EW ORLEANS,
5 4 - 5 0 B road Stre e t. I 1 9 0 Com m on S tre e t.
J. O. B l o b s .
G x o . H . Ch u b c h , Special
J . O. BLOSS & CO .,
COTTON
MERCHANTS,
W illiam
Street,
NEW YO R K .
W . D. R o u n t r e e .
W.
D.
A l b e r t L. R o u n t r e e
Rountree & Co.,
COTTON. COFFEE, GRAIN, PROVISIONS AND
8TOCK8.
A. A. Goldsmith, Agt.
COTTON BROKER.
8AMPLES AND PICKING8 A SPECIALTY.
C H A R L E S T O N , S . C .;
Correspondence Solicited.
Geo. H. McFadden & Bro.
COTTON
MERCHANTS,
A le x a n d r ia , )
L iv e r p o o l. (
MI NES
COMPANY,
F red eric Z e re g a & Co.
B r e m e n Co r r e s p o n d e n t s
illci'ad d en , Z e r e g a & C o.
J . Spencer Turner,
SUCCESSOR TO
High-Grade Pyrites, free from Arsenic.
B rin ck erliofl, T u rn e r & C o,,
GRAIN
FOR FUTURE DELIVERY.
Frederick Paxson & Co.,
STOCK B R O K E R S,
DREXEL BUILDING, PH ILADELPH IA.
Private wires to New Tork Stock and Cotton
Exchanges and Chicago Board o f Trade.
M. T . Ma i n *.
W u .R i T .
B. F. E v a n s , Special.
Geo. Copeland & Co.,
COTTON
1 2 0 P earl S treet,
ST. LOVTIO, M O .
C a p ital, - 8 5 0 0 ,0 0 0 I S u r p lu s, - 6 3 2 5 , 0 0 0
PETER NICHOLSON, President,
A L V A H MANSUR, Vice-President.
WALKER HILL. Cashier.
W e send d ir e c t to every banking point In Mo.
W e have for sale first class bonds, paying
5 1-2 to 6 per cent interest,
well secured, and which we are confident will sell
higher in the future.
HATCH
&
BROKERS,
New Y o r k ,
Ootton landed at mills from Southern markets a
specialty. Orders for future delivery contracts
executed on New York Cotton Eixchange.
F O O T E , B an k ers,
T P I N E S T R E E T , N E W Y 'O R K
COMMISSION MERCHANTS
P H IL A D E L P H IA .
OF VIRGINIA,
AND
American Exchange Bank,
C O T T O N E X C H A N G E B U I L D I N G , M EW
Y O R K , and N O R F O L K , V A .
L i v e r p o o l Co r r e s p o n d e n t s
& CO. ,
CO TTO N
Members o f New York and Boston Stock Exchanges^
Atwood Violett & Co.,
A gency of
— ):o:(-----
AN D
Private wires to all important points North, South.
East and West.
I m p o r t e r s o f E g y p t ia n C o t t o n .
J. P L A N T A
HIGH G R A D E I N V E S T ME N T S , .
S.
W h ite, Jr.,
COM M I S S I O N
56
Lucius Hopkins Smith.
Samuel Hopkins.
MASS
at the NEW YORK PRODUCE EXCHANGE aor
the CHICAGO BOARD OF TRADE,
22
Hopkins, D w ight & C o .,
BOSTON,
at the NEW YORK COFFEE EXCHANGE, and
G R A IN
O m e n executed on the above Exchanges aa we!)
aa In New Orleans, Chicago and foreign markets.
C o .*
BANKERS
EXECUTE ORDERS FOR FUTURE DELIVERY
NEW
&
1 6 to 2 2 W i l l i a m S tre e t, N e w Y o r k .
MANUFACTURER AND DEALER IN
C OTTON SAIL DUCK
A N D A L L KINDS OF
COTTON CANVAS FELTING DUCK,
CAR COVERING BAGGING,
RAVENS DUCK, SAIL TW INE, *C„
POPE “ AW NING” STRIPES.
AGMNT
U N IT E D S T A T E S B U N T IN G CO .
A full supply all Widths and Colors, always ls,
stock.
1 0 9 B u t n is S tr e e t,
R. H. ROUNTREE & CO.,
G ra in . Coffee
an d P ro vision
Com m ission M e rch an ts.
Cotton Exchange Buljdlng,
NEW YO R K .
CORRESPONDENCE INVITED.
C otton,
BROKER
BROADWAY.
Member Consolidated Exchange. Commission 1-1 e
Private wire to Philadelphia. U. 8. Leather Btocto
and Bonds a specialty
Bliss, Fabyan & C o .,
N E W Y O R K , B O S T O N ,P H I L A D E L P H I A .
SELLING AGENTS FOB LEADING BRANDS
BROW N
and B L E A C H E D S H I R T I N G S
and S H E E T IN G S .
PRINTS, DENIM S, TICKS, DUCKS, AG.
T o w e l., Q u i lt ., W h it e G o o d , and H o s ie r y .
Drills, Sheetings, die., fo r Export Trade.
Edward E.
H iggins,
Expert in Street Railway Values and
Economies.
H a v c m e y e r B u i l d i n g , C o r l l a n d t S t .*
NEW
YORK.
Jos. O . Osgood,
M. Am . Soc. C. BL,
C O N S U L T IN G E N G I N E E R ,
120 B R O A D W A Y , N E W Y O R K .
Makes specialty of reports on railroads and other
nvestment properties.
Hxamlnations made in any part o f the country.
Fifth A venue H o tel,
M a d is o n S q u a re , N e w Y o r k .
Tho largest, best-appointed and most liberally
managed hotel In the city, with the moat centra
and delightful location.
HITCHCOCK, DARLING A 0 0 ,
@FedFRASER