Full text of Commercial and Financial Chronicle : February 7, 1885, Vol. 40, No. 1024 : February 7, 1885

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MAGAZINE,

MERCHANTS’

HUNT’S

§

W C C It \ M

IIC U* «S\) l\}) £ V,

INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
(Entered according to act ol Congress, in tlieyear 18S5, byW.it. B. Dana & Co., in tho ollicoof the Librarian of Congress, Washington, D. C.J /

REPRESENTING

VOL.

THE

clearings are $421,422,796, against
$771,838,126 in 1884, or a decline this year of 45*4 per cent.
The market value of the share transactions on the Stock
At New York the total

CONTENTS.
THE CHRONICLE.
Clearing-House Returns...
101 U. S. Treasury Statement
The Financial Situation
102 The Debt Statement for Janu¬
ary, 1835
Northern
Pacific
Earnings,
and Commercial
Debt and Charges
104 Monetary

Exchange is $75,354,000, against

...

if double these values be
have

English News

Cotton Consumption and Over¬
land Movement to Feb. 1
10 >
The Waste by Fire
U«7

Commercial and Miscellaneous

Storks

Range in Prices at the N. Y.
Stock Exchange

i Railroad Earnings and Bank

[

Returns
174
i General Quotations of Stocks
172 I
and Bonds
175
173!

Investment and Railroad Intclligence

$270,714,706 and $437,784,126 to represent the

181

185

Cotton

Thb

I Dry Goods

and

Sales

published in

York every

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The

Office* in England.
The office of the Commercial and Financial
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Chronicle in London
Gardens, E. O.. where

subscriptions and advertisements will be taken at the regular rates,
and single copies of the paper supplied at Is. each.
The office of the Chronicle in Liverpool is at B 15, Exchange
Buildings.
) WILLIAM B. DANA Sc Co.. Publisher*.
n

SSSft
FLO\D.
JOHN G. iSVwn

?

f

1S85.

New York

Saturday morning.
f Entered at the Post Office, New York, N. Y., as second-class mail matter. I
New

Week Ending

101

Cfcrcrmde.
3£he Financial
Chronicle is

Commercial

79 SC 81 William Street, NEW YORK.
POST OFFICE BOX 958.

(Stocks....shares.)
(Cotton

...

.hates.)

(Grain., .bushels)
(Pctroleu m..bbts.)
Boston
Providence...

....

Hartford
New Haven
Portland
Worcester

Springlleld

.

Lowell
Total N. England

Philadelphia

exchanges make a less satis¬
factory exhibit than for any week since the beginning of our
record. This is due chiefly to the fact that the total for all
the cities shows a marked decline from the previous week,
but in part also to the further fact that during the same
period in 1884 the total increased in volume over $60,000,000.
The loss this year can, however,
severe weather at the West and

be traced partly to the
Southwest, retarding the

1884.

$421,422,790

$771,838,126

(1,360,071)
(569,500)
(30,323,000)
(01,057,000)

(2,731,616)

Per Cent.

jTTVfTc Ending Jan. 24.
1885.

PerCent

—15*4

$409,540,258

-346

(-499)
(+4.3-0)
(+1+4)

(1,473,010)
(303,100)
(.‘10,702,800)
(39,326,000)

(-38-9)

$64,271,534
4,207,500

+0-1
+34

714,425

-15-0

070,709

—0-9

410,705

400,594

+2-5

457,447

-133

$03,480,102

$09,530,031

-8-7

$73,902,386

-0-2

$36,084,068

$49,532,197
12,327,335
12,333,870

—25-9

-15-2

—13*3

$43,382,428
7,282,189
12,400,271

$53,541,774

$74,193,402

-27-8

$63,004,888

—14*1

$36,103,068

$51,108,213
9,113,300
4,082,892
2,389,853
1,379,539

—29-4

$38,325,452
8,602,450

-2-0

8,449,435
2,109,609

+17-4

—89
—17-8

1,234,349

-30-7

Cincinnati

7,094,700

Milwaukee

3,481,773
2,178,152
1,133,838
1,488,770
1.272,350

Indianapolis

Peoria
Total Western...

St. Joseph
New' Orleans
Louisville
Kansas

City

Total Southern..
San Francisco

—121
-41

1,040,809
948,113

—27-2

-50-0

-15-5
-14-7

-7-7

+14-4
+5-1
-1-8
—30

+0-0

-60

-91

1,748.352

+19

1,247.920

-60

099,548

948,113

—20-2

091,817

-21-8

$54,052,199

$71,749,138

—24-7

$57,408,884

—2’4

-12-4

$15,477,274

—10-0

570,517

850,446

—32-9

$14,588,585
582,375

9,937,832
4,099,061!

13,305,581

-253

10,452,783

-22-7

4,578,019

-10-5

+5-3

3,636,640!

2,904,259
1,510,135

+25-2
+o-i

4.071,203
4,140,707
1,430,104

+503

$32,751,049

$38,026,314

-15*2

$35,265,817

-90

$11,750,018;

$10,521,850

+ 1 !*7

$11,438,722!




i

rj

—21*2

M

+7-5

4-4*4

Total all
1 $037,01 (>,508 $ 1,0:10,465,401
and tins has been aggravated by an
increase in the railway freights on‘ East-bound merchandise,
We have, as usual, received by telegraph the returns
which would naturally tend to check shipments.
Yet after for the five days ended with Friday evening from some of the
making a fair allowance for these adverse influences, consid¬ important points. They exhibit an increase in the volume of
erable loss remains unaccounted for, which must be attributed
clearings in both years over the previous period. Boston re¬
to lower prices compared with a year ago and a general cords a small excess over 1884, and at the other cities smaller
falling off in business activity.
percentages of decline than last week are shown.
The exchanges aggregate $637,010,008 for the week this
Five D'ys End'g Jan.oO
Fine. Days Ending Feb. 0..
year, against $1,030,460,461 for the same period in 1884, or a
1881.
1885.
Per Cent.
Per Cent
1885.
lo3s of 38*0 per cent.
On January 24 the decrease from a
—Os-3
—45'5
$314,620,090!
$421,003,9281 $082,531,151
York
#year ago reached 27*7 per cent. There are a few cities in New
(1,199,334)1 (-40-3)
(1,935,073 m (-27-0)
(1,101,174)
Sales of Stock (shs.)
which there is an increase in the figures over last week, viz.:
—0-5
-fO-9
45,205,43052,458,101 i
52,918,381!
Boston
—19 9
received
Milwaukee, Detroit, Columbus, Peoria, Louisville, Kansas City, Philadelphia
30,355.190;
—2'8
-3-2
8,931,207!
10,194,313'
9,900,902]
Memphis and San Francisco, and of these Columbus, Memphis Baltimore
-9-3
-KM
10,025,324:
14,075,513!
St. Louis
13,245,072j
and San Francisco, and also Lowell and Kanses City, present
405
*440,5+7,74 ii
$497,074,883! $759,302,143, -34-6
Total...
an increase when compared with last year.

movement of the crops,

$710,080,955

;

-23

+10-8

—38*5

-

-20-7

1.089,311

1,511,592!

Memphis.

—19-3

1,037,917

$12,996,007

St. Louis

-70

(-0-8)

(-47-8)

008,049
024,138

10,690,072

Detroit

(+1-9)

(-7-6)

1,483,895
1,208,347
937,008
624,180
712,415

Baltimore

Chicago

(31,739,000)
(59,932,000)
$59,751,611
4,415,000
1,594,770

0,161.634

Total Middle—

(398,200)

$55,195,027
3,502,800
1,402,800
997,568
689,855

Pittsburg

Columbus

For the week under review the

January 31.

of—

Cleveland

CLEARING HOUSE RETURNS.

week’s total is $215,587,772,

for the different cities :

190

184 I Breadstuff's

exchanges

38’2 per cent.

against $264,627,335 last year, or a falling olf of 18*5 per cent,
against a loss January 24 of only 6*2 per cent and the pre¬
vious week of only 9'1 per cent.
Below we give the details

THE COMMERCIAL TIMES.

Commercial Epitome

$167,027,000 a year ago, and

deducted from the figures above, we

otherwise arising, or a decrease of
With New York excluded, the

News

Financial Review of January. 163
THE BANKERS' GAZETTE.

Money Market, Foreign Exchange, U.S. Securities, State
and Railroad Bonds
and

NO. 1,024.

7, 1885.

SATURDAY, FEBRUARY

40.

-277

—

■.

•

—

;]

THE

162

CHRONICLE.
T

[VOL. XL.

The

figures for this year were only recently issued
by the Agricultural Department, and to them we have
There has been a better feeling this week in Wall street added the returns for
previous years, arranged so as to
than has been apparent there for many a day.
To be sure bring the yield of the West and Northwest together in one
some securities have declined materially,
notably Erie’s total, as it is the
production of that section mainly that is
but the tendency of the market has been decidedly up* reflected in our traffic
reports.
ward.
This is due to numerous little rumors playing
PRODUCTION OP CORN AND WHEAT IN THE UNITED STATES.
around under the surface of things, giving promise of a
"Wheat (bush.)
Corn (bush.)
-new era.
"Whether all or any of these anticipations are Section
of
realized is quite another question; if they are not the Country
1852.
1883.
1884.
1884.
1883.
18S2.
manipulators think it will be easy to let prices drop back Ohio.... 93,319,200 73,5130,000 85,393,000 43,453,600 25,884,000 41,186,000
Indiana.
104,757,000 45,461,800 28,447,800 33,745,000
where they were before, for the market is largely over¬ Illinois.. 107,484,300 95,620,000 244,544,000 52,302,900
22,150,0u0 32,374,000
182,336,900 203,786,500
175,487.000 169,629,000 252,600,000 25,487,200 27,518,800 31,270,000
sold and the old parties still own the stocks.
In the Iowa....
Miss’ri..
170,037,000 161,655,000 197,850,000 27,538,600 23,819,300 27,500,000
meantime it is perhaps better for values to go up, even if Kansas. 144,452,000 172,S00,900 168,500,000 31,248,000 26,851,100 34,990,000
82,478,200 101,278,900 122,100,000 18,300,000 27,481,300 28,325,000
they have to go down again; it has a look of permanency, N’br’ka.
26,022,000 32,315,400 25,011,000 29,772,000
Mich....
21,412,300
28,581,600
26,200,000 23,145,400 19,604,900 20,083,000
23,579,300
while it shakes up, if not out, the more despondent no¬ Wis
32,201,600
23,630,000 33,030,500 33,773,200 41,307,000
Minn.
15,124,800
21,127,600
tions,—merely dust and cobwebs as events it is claimed T t 1
will prove, which the sluggish movement of late has West’n 1,037,506,600 1,038,446,700 1,251,596,000 332,283,400 260,541,400 320,552,000
THE FINANCIAL

SITUATION

corn.

..

o

Pacific

allowed to accumulate.

2,938,900

2,615,200

576,579,600

510,004,993

Coast.

favoring influence of no little force among those who
keep the run at Washington, has been a strong belief
A

based upon certain
bill suspending the

a

confident assertions that the Silver
coinage of standard dollars now in

Rest

48,180,900

4,985,000

49,543,600 59,886,000

of

C’ntry.
Gr’d tot

538,947,432 123,721,170 110,069,500 132,325,900

1,617,025,100 1,551,066,895 1,795,528,432 504,185,470 420,154,500 512,763,600

interpret the above correctly we must remember that
although last year’s corn crop was reported to be a fairly
the Senate was to become a law.
This would be such a
good one in quantity, in quality it was the worst for many
supreme good that one scarcely dares believe it.
But
years, including in the total product given a very large
the assertion reaches us indorsed by quite a powerful
percentage that was unmerchantable. Hence this year’s
combination of political managers, and hence has found
corn crop is not only the largest ever grown, but, compared
currency among the knowing ones
on the Street. with
last year’s, leaves a much greater balance for ship ‘
The immediate effects of such an event are likely to be
ment than the additional yield indicates; and that the
quite important. Though the pending bill, as we explained
grain made is to be marketed, current events are proving.
last week, is not all the conservative classes wish it was,
But

claim that the general business outlook is bad
again and that the last two weeks have been far from
prevailing distrust, and induce capital favorable. It is true that the development noted from the

yet the better opinion favors
relieve

once

the

these

banks

are

should, have exhilarated Wall Street.

Our

overflowing with idle money afraid to venture

long as the basis of values is in doubt; give
chance and it will quickly find something to do.
so

many

the belief that it would at

again to seek employment here. A decided fall in foreign
exchange would be pretty sure to follow, for the new law
would stop the investment demand for exchange now so
prominent a feature, check the flow of funds to London^
and unless imports speedily increased, reverse the current,
perhaps even bringing gold from Europe. Renewed confi¬
dence means new enterprise and that also means new life to
all our industries. It is no wonder, therefore, that thoughts
like

To

it

a

safe

first of December has not of

late made rany progress.

There are,

though, special conditions which may account

for all and

more

than the decline.

The snow blockade in

materially interfered with the
distribution of staples and merchandise.
This has been
to some extent an adverse feature all through January,
but particularly during the last two weeks of that
month.
Then it is not unlikely that a change
of
comes
with March, helps
administration which
arrest business for the time.
Although the public
in
President
have confidence
Cleveland, yet until his
Cabinet is announced there can but be a little holding
back among conservative classes, and especially until it is
known into whose hands the management of our finances,
now so greatly strained, is to fall.
This incertitude and
suspense have been for the time being aggravated by the
discussions connected with and following the protest
respecting silver certificates at Boston. And yet with all
these disturbing influences the clearings as a general thing
have kept up fairly well.
To illustrate the situation, we
have prepared the following weekly totals taken from our
reports; in the first column we give the total for the whole
the West and Northwest

anticipated relief through legislation, if it should
be realized, would come, too, at a very opportune moment.
There is good evidence that the business of railroads is
improving. That is seen not alone in the figures of earn¬
ings published from week to week, but more clearly in the
reports of merchandise forwarded from the West, while
East-bound rates have been well sustained.
Special con¬
fidence is felt in the opinion that the trunk lines, which
have so long depressed the whole market, are on the eve of
better days, giving promise of a very much improved
showing, beginning with the first of last December. In fact
country, and in the next column the total for all
the Erie report for December published this week, but
points except New York. This city’s clearings are so
more particularly the Pennsylvania report published last
dependent upon Stock Exchange movements that the
week, are the first straws indicating the turn in the tide, totals for
points outside of New York are the better guide.
which, judging from the other evidences referred to
WEEKLY CLEARINGS IN THE UNITED STATES.
above, must have been more decidedly favorable since
18S 4.
1885.
Week
.January came in. This is an important consideration
Outside
All.
ending—
All.
New York.
New York.
affecting more or less the whole market, for it is not a tem¬
!
i> 1,131,707,190
$332,000,356
$290,537,881
porary influence applying to the present only, but the condi¬ Dec. 6... 8876,908,299 j
1,047,891,191
294,425,366
13... i
823,026,509 j
264,032,136 tions which have brought it about are of a permanent
284,147,270*
1,080,629,869
20...
820,096,702
262,045,055
843,240,035
218,446,296
201.516,985
27...
609,878,808 j
character, having their origin chiefly in our large crops of
1,034,404,577
298,561,561
251,561,503
Jan.
3... i 772,069,981
last summer.
What the promise is in this particular, and
277,792,519
1,048,393,439
10...
274,250,475
790,402,652 j
294,855,345
1,096,778,817
268,009,258
17... !
792,884,709
|
its bearing on railroad earnings, may be gathered from
974.951,689
256,027,009
241,140,697
'
24... !
710,680,955
26-1.627,835
215.587.772
1.036,465,461
637,010,568
31...
the_ following returns of the crops of wheat and
This




i

:

“

“

“

“

“

“

“

!

1

February 7,

THE

1885.]

really very little
relevancy because values in the first place are so much
lower, and next because the depression has been growing
since a year ago and did not culminate until November.
The

comparison with last year has

With December the new

development began, and the

question is, how is it progressing, not how does it compare
.with some other year with which no comparison is pos¬
sible. When we remember these facts, and what has been
said previously, the above statement of clearings becomes
intelligible.
importance this week was the announce¬
ment of the decision of the Court of Claims in the Union
Pacific case. The announcement had, however, very little
effect on the market, the full meaning of the decision not
being evident. The Court has not delivered judgment,
but simply laid down the basis upon which settlement be¬
tween the Government and the company is to be made, and
directed the proper officers to compute the sums due to and
from the Government accordingly.
Two principal issues
were involved.
First, the company claimed a higher rate
for transportation services rendered the Government than
the Government would allow. This point, it would appear,
has been substantially decided against the company.
Sec¬
ondly, the company contended that in calculating the 25
per cent of net earnings required under the Thurman Act, it
could deduct not only operating expenses, and interest on the
more

A feature of

bonds, but also the amounts spent for better,
inents and new construction not charged to capital account.
On this question the court sustains the interpretation of the
1st

mortgage

Notwithstanding the definite determination of
disputed points, however, the amount which
the Union Pacific will have to pay is not authorita¬
tively knowrn. In the synopsis of the decision sent out,
it was stated that on the principles laid down in the
ruling of the Court the company owed the Government a
balance of about $2,700,000 on December 31, 1882.
This
the road’s officials, according to the Boston Transcript, are
unable to understand, and they submit the calculation of
their Assistant Secretary, showing that only $916,840 is
company.
both the

remain in
question till the Court delivers judgment, it would seem
that the latter sum is nearer correct than the former, for
in the recent report of the United States Commissioner of
Railroads it is stated (page 18) that “if the whole
due.

While the exact amount will, of course,

“

amount

“

the

claimed

contested

by the company on account
for new construction
items

of
and

equipment should be deducted, there would
an uncontested balance of $967,466.”
Tt
should be said, though, that accepting this amount, to
bring the accounts, up to the present time we must add
the two years 1883 and 1884. But
on the sums due for
1883 was settled for, it will be remembered, by Mr. Adams
last June, so that we have only 1884 to allow for, and sup¬
posing that the cash payment required for that year will
be the same as in 1883, namely $718,814 (it will doubt¬
u

new

•“

still remain

less be

less), the total sum due now would be somewhat
$1,700,000. As also bearing upon this road, it

less than

is well to note that

the company yesterday

issued another

favorable monthly statement, the net earnings for
being reported at $300,000 greater than in the
previous year.
Very little consideration appears to have been given
pool arrangements during the week. There have been
many rumors afloat, the most important of which was
that the east-bound trunk line pool was on the eve of disso¬
lution. The Street seems to be divided now as to whether
or not that would be
a misfortune.
One thing appears
pretty certain, that the compacts of the roads cannot be main¬
tained. Some lines will find ways to evade the regulations

very

December




163

CHRONICLE.
and when discovered to evade the
and

this

other

reasons

many

are

penalties also. For
beginning to think

perhaps be better after all for the oldestablished companies if the combination were abandoned,
as those having the more extended connections and best
facilities for prompt service would then secure the most
business.
Besides, maintaining pools is claimed to
be only a bid for the building of new competing
lines.
This accounts for the probability of truth that
invests reports like that current yesterday afternoon, say¬
ing that the New York Central was about to withdraw from
the trunk line pool.
It was also announced yesterday that
President King of Erie had issued a circular to subordi¬
nates, stating that he had cut loose from all agreements
with competitors,. having discovered, he says, in almost
every instance that those from whom he expected better
things have deceived him. He directs representatives of
the company at all points to see that the road hereafter
has its share of business and that they meet all cuts.
As
regards the trouble in the South between the Nashville
& Chattanooga and the Memphis & Charleston, it was
reported early in the week that passenger rates between
Memphis and Chattanooga had been restored to the old
figure, and that the difficulty was in a fair way of satisfac¬
tory adjustment.
Lackawanna has led the advance this week.
This

that

it would

larely oversold and the clique took advantage of
The transactions in
it have been very free, indicating speculative sales as the
The transfer books closed on Wednes.
market advanced.

stock

was

the fact to force the shorts to cover.

and when the transfers were
completed it was reported that the books showed large
individual holdings not of a speculative character.
This
day for the annual election,

advance in Lackawanna was to some
in

by the whole market.

extent sympathized

The news of the fall of

of General Gordon had a tern,
porarily unfavorable effect, for the reason that London was
unsettled, prices of consols and of American securities
recording a sharp decline. The arbitrage brokers are un¬
derstood to have sold freely for London account on the
reception of this news, but except in the case of the Eries
the declines were not important.
The weakness in Erie stocks and bonds has been quite
marked and one of the features of the market. The second
consols, which are a speculative specialty, were of course the
most active; but the largest decline was in the first con¬
sols, which are not at all a speculative issue, but held
chiefly for investment. These declined on Thursday from
117J at the opening, to 111 at the closing, recovering on
Friday to 113f. There was a very determined attack on
them, doubtless for the purpose of depressing the other
issues.
It is a very easy matter to knock down an invest¬
ment bond not actively dealt in, provided the operators
are bold enough and offer the issue in large
amounts, for
the demand for such bonds, at any given moment, is
necessarily small, and under heavy sales this demand
is quickly overborne, and the price drops.
The decline in
a
security of this class accomplishes the purpose
sought, too, as it produces general demoralization and
creates
the
impression that legitimate investment
holdings are being sold. Of course, abundant reasons
have been assigned for selling the bonds.
It was declared
that the company had a large amount of interest maturing
the first of March ; that it was in financial straits ; that
Khartoum and the capture

*

would be defaulted on ;
second consols would be assessed, and
the 1st consols

that the stock and
that a receivership

The kernel of truth in these statements
appears to be that there are large payments to be made
the ensuing month; all the rest President King denies itl
was

impending.

164

THE CHRONICLE

[VOL. XL.

going so far as to state that the money for the gained $300,000 through the operations of the Sub-Treas¬
requirements has already been provided. There ury. Adding that item to the above, we have the following,
really seems no reason why the bonds preceding the 2d which should indicate the total gain to the New York
consols should be in any danger of an interruption or de¬ Clearing House banks of gold and currency for the
lay in the payment of coupons. In the late fiscal year, week covered by the bank statement to be issued to-day.
when everything seemed to conspire against the road, the
TVeek Ending Feb. 0, 1865.
Into Banks. Out of Banks Net Change in
operations showed a surplus of no less than $1,317,221
Bank Holdings.
above the charges in full on these bonds—that is, that Bunks’ Interior Movement, above
4900,000
Gain.
*516,000
$384,000
Sub-Treasurv
toto,

interest

as

much remained for the 2d consols.

three
of

months

of

December,

the

there

lias

It is true that in the

been

300.000

Total gold and legal tenders

fiscal

new

operations, net

to
further

year
a

the end
of

loss

The Bank of
for the

*1,200,000

England reports

week.

a

This represents

1516,000

period, and a change for the better would now
to be in prospect. Indeed, the December exhibit

300,000

Gain.

1084,000

gain of .6302,000 bullion
£ 189,000 received from

$300,000 in net, but that really belongs to the same
abroad and £113,000 from the interior.

unfavorable

Gain.

The Bank of

France

gained 2,190,000 francs gold and 2,088,000 francs
silver, and the Bank of Germany since the last report
(embraced in this three months’statement) has been issued increased 9,501,000 marks. Tiie
following indicates the
this week, and affords the lirst indication of such change.
amount of bullion in the
principal European banks this
Below are the figures for. this period arid for -the three
week and at the corresponding date last year.
months, for five years.
appear

February 5, 1885.
N.Y. L. Erik N West.
December.

1883.

*

Gross earnings

Operating

1384.

expenses...

Net earnings

Profit N. V. P. & 0. lease
Result

$

1.262,720

1,482,025

9:27,706

1,195,622

1882.

1881.
S

*
1,091,403
1,219,661

1.571,208
1,189,820

1,229,605

381.3; 2

497,183

335,014
+15,329

267,303
—40,961

441,739

350,343

226,342

441,739

1,720,788

497,183

Oct. 1 to Dec. 31.

4,145,397

5,222,565

5,329,237

5,101.543

5,424,035

Operating

2,779,484

3,449,581

3,480,961

3,454,900

3,204,743

1,365.913

1,772,984

1,842,273

1,646,643

2,129,292

+100,007

-195

1,466,010

1.772.789

1,842,273

1,646,043

2,129,292

Net earnings

Profit N.Y. P. & 0. lease
Result

Dank of

Silver.

£

£

22,54.6,017

England

Bank of France

Total this week
....

improvement for December here relates wholly to
the net earnings; and yet the gross earnings,
though less
than in 1883, show a smaller loss than in any
other month
since last April.
Net earnings have increased simply
because expenses were very largely reduced.
But that
is certainly a very satisfactory feature.
Mr. King was
installed in office for the very reason that he was expected
to retrench severely in all departments and enforce econ¬
omy in management, and this accounts for the reduction in
expenses now going on. With a continuance of this policy,
and the likelihood that the largest measure of decline lias
already taken place in gross traffic, is not the .outlook bet¬
some

Exchange was active early in the week, rates first ad¬
vancing and then declining. The rise was due to a better
demand for investment which appeared to be soon satis¬
fied, for rates fell off on Tuesday, the explanation being
that the reduced price of money in the
open market, 3 l
per cent, so greatly lessened the prospective profits that
intending investors withdrew their orders. The mercan¬
tile demand is not urgent, and the differences on
arbitrage
account^are so slight as not to require much exchange. For
the past day or two, short
sterling has been perceptibly
weaker, reflecting offerings of maturing investment bills.
Bankers’ balances remain
unchanged at 4@lr}per centMail advices report a better
inquiry • for money at the in¬
of the

snow

£

£

block¬

21,496,986

The

Assay Office paid $180,334 for domestic bullion
during the week, and the Assistant Treasurer received
the following from the Custom House.
Consisting of—
Date.

Duties.
Gold.
■

Jan.30
“

TT. S.

Gold

Silver Cer¬

Notes.

Certifies.

tificates.

$178,975 93

$2,000

$41,000

357,754 96

1,000

121,000

31.

$45,000
70,000

$91,000
165,000

2.

346,780 81

8,000

62,000

67,000

210,000

“

3.

468,564 20

“

4

412,356 07

135,000
131,000

“

5

502,254 90

3,000
3,000
5,000

156,000
99,000
95,000

175,000
179,000
199,000

Total

$2,266,586 77

$22,000

$532,000

$1,018,000

Feb.

201,000

$694,00<

NOR THERN PA CIFIC EA RNINOS,

DEB T A ND

CHARGES.
Northern
weak in the

time?

terior in consequence of the removal
ade and the large movement of

Silver.

69,545,365 61,969,722 07,754,915 62,717,337
69,036,244 61,526,667 67,222,204 62,326,628

The

ter than it has been for

Gold.

40,084,993 41,226,672 38,661,179 39,927.087
6,914,350 20,743,050
7,596,750 22,790,250

Germany

Total previous week

Gross earnings
expenses

Gold.
*

Bank of
381,362

February 7, 1884.

1880.

Pacific securities have

for

market, under attacks

upon

some

time been

them and the
reports about the company’s
business and finances,. This makes it
important to ascer¬
tain, if possible, what the real condition of the property is,
as far as can begletermined from the
earnings, gross and
net, thus far declared, and such other facts about the
company’s affairs' as are known or can be discovered.
December closed the first half of the fiscal
year, and the
accounts for this period have now been written
up.
No
report for the half-year is issued to the public, but a brief
statement containing the results is made
up for the use of
the company’s officials.
Figures from this statement have
come into our
possession, and enable us to throw much
light upon the progress and affairs of the road.
As concerns the company’s debt and
charges, it has been
circulation

of

unfavorable

grain and live stock, and known that there has been an increase in them. The
this may check transfers to this
point. The following principal changes in the debt occur in the outstanding
statement, made up from returns collected by us, exhibits amounts of first and second mortgage bonds. The com¬
the week’s receipts and
shipments of gold and currency pany is building some new mileage, and on this issues
new first
by the New York banks.
mortgage bonds at the rate of $25,000 per mile.
Oil June 30, 1884,
according to the last annual report, the
Received by
Week Eliding Feb. 0, 1885.
Net Interior
Shipped by
total
of
"the
1st
N.Y. Banks. N. Y. Banks.
Movement.
mortgage bonds was $40,273,000. On
Cnrrer.cy
1900.000
December 31 we find it to be $40,538,000, an increase of
Gain.. f484,009
*416.000
Gold
Loss..
100,000
1.00,000
$200,000. which appears to be the result of $025,000
Total gold and legal tenders
f900,000
f 516,000
Gain.. f381,0C0
additional bonds issued and $305,000 bonds purchased for
The above shows the actual
changes in the bank holdings ! the sinking fund. On the Missouri Division and Fend
of gold and currency caused
by this movement to and from j d'Oreille Division, no change has taken place, of course,
the interior. In addition to that movement, the banks have i and the total of the bonds oil these
remains at $5,500,400.




.

Tlie most

165

THE CHRONICLE.

1885.]

February 7,

noteworthy change occurs in the case of

the second

total is

$2,660,283, while for December it is $481,979,
a charge of $2,891,874.
with a surplus of $700,000 for the half year, what

which latter would make

The amount of these has been increased
But
$15,857,000 to $18,857,000, which confirms the
sort of prospect does this open up for the full year?
Of
statement made a short time ago that three millions of
whether
the $4,143,000 of unissued bonds held in the treasury course, this involves an answer to the question
the
result for the second
half - is likely to be
had been put out.
The net result of these changes is a
worse
than
for the
first half, and
total debt (including dividend certificates) of $09,536,221 better or
on
December 31, against $06,276,221 on June 30, an to determine that (since it relates to the future) our only
guide is the experience in this respect in the past. Hence
augmentation of 3£ million dollars.
About the floating debt we have no figures, but it is we present below the earnings and expenses of the
For the last
easy to believe the report that having sold the second previous fiscal year, in six-months periods.
half of the year we give each month’s totals separately, as
mortgage bonds in its treasury, the company is now sub¬
stantially free from debt of that character. The reasons these will be useful in comparing with the result for the
for entertaining this belief are (1) that the debt was not current year, as each month comes out.
large in June, namely only $2,465,984 net; (2) that the
Net.
Gross.

mortgage

bonds.

from

expenditures for new construction and equipment in the
interval have been only $1,774,844, or but little more
than half the new issue of second mortgage bonds; (3)
that the company is running on a smaller stock of supplies,
the amount on hand being $1,671,289 at the end of
December, against $2,122,492 at the end of June; and

Monthly Earnings.

l.st six

months (July to Dec.).

1884-85.

6,027,719

1,35?, 569

6,617,990

489,846

978,956
1,441,515

April
May
..

Total second six months.

.fill,:276

2,

164,179
91,288

520,085]

March....

.

1884-85.

$
014,103

January..
February

June

1883-84.

1883-84.

843,347

1,287,805
1,143,123

635,220
535,895

5,985,587

2,759,775

(4) that the charge for “ general” interest in December
5,681,051
12,6u3,577
Total year
was only $4,791, or at the rate of but $58,000 per year.
Here we find that while m the first half of 1883-4 the
It may not be amiss here to say, too, that the com¬
pany’s preferred stock, which is steadily being induced by gross were $6,617,990, in the second half they were only
$5,985,587, or $632,000 less, and yet that the net were
sales of land, is now down to $39,255,565, against $39,
respectively $2,921,276 and $2,759,775, or only $162,000
807,068 on June 30.
less.
In other words, that the ratio of operating expenses
Turning now to earnings and expenses, we note the
had considerably diminished in the second half, falling
feature observed in the monthly reports, namely that
from 55*86 per cent to 53*88 per cent.
This is important
more satisfactory net results have followed because of in¬
because it indicates that the policy of retrenchment had
creased economy in expense account.
Gross earnings in
the aggregate have varied but little, though there was a already begun to exercise considerable effect in the period
from January to June, in 1884, and that consequently
reduction of $294,763 in passenger receipts, which was
there is no such room for a reduction in expenses in the
overcome by gains in freight and miscellaneous receipts.
current six months as in the previous six months.
In
The diminution in expenses was $428,564, and the gain in
these previous six months, though, the ratio of expenses
net earnings is just about $10,000 more, or $438,293,
was brought down
to a trifle below 50 per cent, and on
raising these to $3,359,569. As bearing upon the charges
that basis the 53-88 per cent of a year ago would still
that had to be met out of these net earnings, we are
leave a margin for reduction, though the ratio in this
enabled to make up the following statement for December
and the half year.
We give the comparison for the period is always unfavorably affected (as compared with
the six months from July to December) because two bad
previous year on earnings, but cannot give the charges, as
winter months, January and February, are embraced in it.
the particulars are not stated in the last report.
December.
Northern Pacific

Railroad.

1884.

*
758,229
417,721

Gross earnines

Opcratina expo.i

-

840,508

Net earnings

Sixmos, ended Dec.

31.

1883.

1884.

1883.

8
856,184
527,649

$

a

6,627,719

6,0*17,990

3,268,150

3,096,714

328,535

3,359,509

2,921,270

against
ot

c >rt>ings—
No. l\u: lie

Rental Minneapolis Union
Rental Non hern 1'ac 'Per. t’o.
Bramli roads gua ant>e.i
Taxes
Funded debt, interest
General i< totest

1.739

..

«

Sinking funds
Total
df.

Remainder
*

For tlire3

-

10,355
*10.529

•10,529
+9,280
29,205
01,304
377,150
4,791
4,665

154,025
2,025,324

481,979

2.060,283

141,471

sur.699,286

t A credit tlii?

mo'atlH

250,127

31,876

Rental Manitoba KotiJ.

25.377
87,015
0

,539

22,592

month—not a, charge.

certainly a very satisfactory exhibit. There is a
surplus on the half year’s operations of nearly $700,000
above all expenses and charges of every description
In December there was a deficiency of $141,471, but
This is

month, and we give the figures
for that period simply to show that the result of a
single isolated month cannot be accepted as any indication
of the outturn for a whole year.
There is no doubt that
in January and February there will also be deficits, since
these months usually record even poorer net than January.
The December exhibit also has an interest apart from
.this, in the fact that it shows the present state of the
charges, and enables us to see the increase in the same
that has gone on.
For instance, for the six months the
December is




a

poor

Allowing for some small reduction in expenses, however,
will be asked whether the gross earnings of last year

(January to June), are
tion it would be

likely to be maintained ? That ques

difficult to answer at this stage,

and yet if

aggregate is kept up, it seems almost certain that the
of receipts will be changed.
We would not be
surprised to see the result of the late six months repeated
in this respect ; that is, passenger earnings show a falling
off and freight earnings an increase.
If the company was
the

sources

-

Charges •accrued
Rental >4. Paul

it

unable to maintain the passenger

earnings of the first half

scarcely possible that it can maintain those
of the second half, which were still heavier.
The truth
is, the passenger business was unusually large all through
the previous fiscal year, and there was an exceptional cause
for this, which seems no longer to exist, namely, the gold
fever with regard to the Cceur d’Alene mines.
As the out¬
come of the present six months may to a great extent
depend upon the aggregate of these passenger receipts, we
have prepared the following table of the monthly totals for
the whole of 1883-4 and for as many months in 1884-5 as

of

1883-4, it is

are

in

our

possession.

Passenger Earnings.

1884-85.

1883-84.

Decrease.

*
.Illl V

1128,744

September

Total first six

309.890

months

256,184
2«9,222
351,205
400,023

22,521
120,133

257,974
197,201

430,719

322,777

172,745
125,516

1.775,427

2.070.190

294,763

THE CHRONICLE

166
Passenger Earnings.

1884-85.

j

1883-84.
222,233
183.454

'F’flhmn.ry
May

.Tniifl

"

29,842 bales. The details of the whole amount forwarded
overland, presented in our usual form, are as follows.

299,9 0

.

cr

.

.......
T

584.454
457,190

409,759

Total second six months

2,167,070

Total year

4,237,260

OVERLAND FROM SEPTEMBER 1 TO FEBRUARY 1.

1884-85.
Since

The heaviest

,

totals, it will be seeD, were reached in
April, May and June, 1884, for which three months the
receipts were $1,461,413. In the three months endec
December, 1883, they had also been heavy, but reached only
$1 ,183,519. Yet this latter total was in the three months
of 1884 cut down $418,394, which leaves no room for
doubt that the larger total of $1,461,413 will also undergo
some contraction.
But if passenger earnings are sure to
be smaller, freight earnings may be larger, as they have
been in past months.
On this point we have nothing to
guide us in an estimate, but we should judge that the
Northern Pacific, being a new road in a territory all the
time developing additional traffic, the chances for a steady
growth in freight earnings were very good. If the gain
made, however, should not be sufficient to offset the loss
in passenger receipts, there is still the possibility—unless
the weather interferes—of a reduction in expenses that
may make good the difference.
Snow blockades on its
connecting lines have diminished the business of the road
somewhat lately, and this accounts doubtless for the loss of
$ 5 8,0 0 0 in gross earnings reported for the month of January.
Assuming, then, that the net result for the current six
months may not be materially different from that for the
corresponding period in 1884, we would have a total of
$2,759,775 to apply to charges, against the $3,359,569
so applicable in the six months ended December—that is,
$600,000 less. The charges on .the December basis of
$481,979 per month are $2,891,874, so that the net earn,
ings for the six months would be $132,099 short of the
amount required.
But as there was a surplus of $699,286
on the operations of the previous six months, that would
still leave a surplus of over $500,000 for the full year—
only about half the amount remaining in the previous
year, but yet much better, in view of the business prostra¬
tion and of the augmentation in charges and. rentals, than
was expected when the new fiscal year
began.

corresponding period of a year ago, and leaves
large crop season of 1882-83 only

the decline from the

$

$
Vfarrh

that for the

Decrease.

[Fol. XL.

1882-83.

September 1 Shipped—

From St. Louis

200,633
102,234
128,499
14,545
24,214
33,283
15,066
32,122
12,627
49,045
45,092
2,401

Over Illinois Central
Over Cairo & Vincennes

Over the

Mississippi River, above St. L.

Over Evansville & Terre Haute
.

1883-84.

Over Jeffersonville Mad. & Indianapolis
Over Ohio <fc

Mississippi Branch

Over Louisville Cincinnati &

Lexington

Receipts at Cincinnati by Ohio River...

Receipts at Cincinnati by Cin. South’rn
Over other routes

Shipped to mills, not included above...
Total gross overland

197.145

264,619
13,365
141,288

39,413
132,304
69,810

88,192

11,255
27,800

11,605

35,692
44,109
38,825
17,530
54,139

30,040
40,154
14,73t
57,143
53,828
4,945

57,326

3,640

659,811

678,573

770,339

153,927

191,849

273,610

42,016

34,176

Deduct—

Receipts overland at N.Y., Boston,&c.
Shipments between (or South from)
Western interior towns

Shipments inland and Southern Spinners’ Takings (not olhenvise de-

•

4,793

■

1

ducted) from—
Galveston
New Orleans

3,314
8,894

Mobile
Savannah

99

50

108

37

7,039

16,943

566

Charleston

3,792

North Carolina ports

Virginia ports

858

33

724

3,966

598

1,862

Total to he deducted

217,333

233.902|

298,019

Leaving total net overland*

442,478

444.6711

472,320

k

Tills total includes shipments to Canada by rail, which since Septem¬
ber 1, in 1884, amount to 11,9Gb bales, and in 1883-4 were 9,948 bales,
and in 1882-3, were 24,962 bales.

RECEIPTS, EXPORTS AND SPINNERS’ TAKINGS.
Port

receipts continued pretty free up to about the
January, but since then the falling off has been
quite marked ; this has been clearly shown in our weekly
statements.
These receipts now reach 4,137,962 bales,
against 3,967,666 bales for the same period last season,
middle of

a

difference in favor of this

of

170,296 bales ; from
figures for 1882-83, however, there is a decline of
129,338 bales, the total for the five months of that year
being 4,267,300 bales. The month’s figures are 475,757
bales, against 487,729 bales and 752,827 bales respectively.
As was fully anticipated after the
very heavy shipments
during preceding months, exports to foreign ports during
COTTON
CONSUMPTION
AND
OVERLAND January have been of a less liberal volume ; the total for
the season to date is, nevertheless, in excess of the two
MOVEMENT TO FEBRUARY 1.
We are able this week to make up our overland state¬ previous seasons, the increase over a year ago reaching
ment for another month.
This brings our figures down to 336,949 bales and over 1882-83 being 40.007 bales. The
month’s total this year is 548,8IS bales, in 1881 was
tire first of February, so that they now cover five months
629,904 bales and in the previous year 695,025 bales.
of the crop year.
Our usual statement of receipts, exports and stocks is as
OVERLAND MOVEMENT TO FEBRUARY 1, 1885.
The yross

shipments overland daring January have been
quite free, the total for the month reaching 145,914 bales
and exceeding the movement for January, 1884, by 10,306
bales, the total for that month being 135,608 bales. For
the same period in the large crop year of 1883 the ship¬
ments were 156,563 bales, an excess over the present year
of only 10,649 bales.
For the five months of the present
season the total is 659,811 bales,
against 678,573 bales in
.1883-84 and 770,339 bales in 1882-S3, the decline from
last year being IS,762 bales and from the preceding sea¬
son 110,528 bales.
In the net movement, however, there has been a quite
decided increase during January over the same month of
both preceding years, the excess over 1884 reaching 22,174
bales and over two years ago 25,192 bales.
The month’s
net has been 84,430 bales in 1885,
against 62,256 bales in
1884 and 59,238 bales in 1883.
This large increase brings
the total for the five months up to within 2;193 bales of




season

the

follows.
Movement from

Sept. 1,1884 to
Feb. 1, 1SS5.

Receipts Receipts
since

■■

EXPORTS SINCE SEPT.

1, 1881, TO—

since

Stocks

Sept. 1,

Sept. 1,

Great

1884.

1883.

Britain*

Galveston

420,805 512,101
9,763
8,031
New Orleans.... 1,284,176 1,265,111

140,397

France.
'

<

,410

•

Indianola, &c..

483,551
21,721

2iy,on

Conti¬

nent!

Total.

Feb. 1.

54,117

201,981

20

20

75

333,742

269.235

9

27,273

Mobile.

208,027

219,313

Florida

04,985

29,843
589,139
7,014

164,639

11,699

183,7S5

41,797
22,421
3.5S5
365,123

365,682

139.687

22,259

134,280

296,226

30,423

12,343
83,395
10,894

47,759

12,240

59,999

6,201

6,375

11,775

258,SOT
49,488

27,076

27,541

13,895
106,937

389,084

304, ieo

294

78,02'

3,050

32,382

134,671

4,787

44,815

6,310
18,228
11,294
868,859

Savannah

Brunswick, &c.
Charleston
Port

Royal,&c.

Wilmington
Moreh’d CM &c.

060,011
9,383
472,399
5,168
90,311

9,413

Norfolk

491,781

West Point,&c.
New York ..A...

257,689
41,245
67,775

Boston

Baltimore

Philadelphia,Ac.
Total 1884-S5

14,668
30,239

4,137,902

495,339
173,612

71,355
100,193
9,0 L0
10,685

700

3,585

43,318
9
o

2S

240,657
35,593
251,506
77,731
99,239

40,028

..

163

1,749,093

297,505

799,447 2,846,045

Total 18SS-S4

3,967,666 1,534,192

330,452

644,452 2,509,099 1,075,813

Total 1882-83...

4,267,300 1.772.049

271.578

762.371 2.808.038

*

Great Britain exports include to the Channel*

896.48

February 7,

167

THE CHRONICLE

1885.]

Same

Same

Using the facts disclosed by the foregoing statements,
we shall find that the portion of the crop which has reached
a market
through the outports and overland, and the
consumption
since September 1, this year and
Southern
the two

previous years, is as follows.
1883-84.

1882-83.

3,967,666 1,267,300
Feb. 1
bales. 4,137.962
472,320
412,478,
444,671
Net shipments overland during same time
Total receipts
'....bales. 4,580,4404,412,337 4,739,620
150,000 160,000
144,000
Southern consumption since September 1.
Receipts at the ports to

bales. 4,724,440 4,562,337

Total to Feb. 1

marketed since September 1 in
1884 is thus seen to be 162,108 bales more than in IS83-84
and 175,180 bales less than in 1882-83.
To determine the
portion which has gone into the hands of Northern spinners
during the same period, we have prepared the following.
Total receipts to Feb. 1, 1885, as above
bales. 4,724 440
(Sept. 1, 1384)—

Stock on band commencement of year
At Northern ports
At Southern

87,415
24,318 —111,733
4,45 7— 116,190

ports

At Northern interior markets

supply to Feb. 1, 1885
there has been exported
to foreign ports since Sept. 1, 1884, 2,846,015
Less foreign cotton included
5,427—2,840,618
Sent to Canada direct from West
11,969
Total

4,840,630

Of this supply

Burnt North and South

1,935

-

hand end of month (Feb. 1,1885)—
At Northern ports
bales. 339,998

Stock

on

At Southern

528,361— 868,859

ports

At Northern interior
Total

7,277—3,730,653

markets

1,109,972
144,000
965,972

September 1,1884

takings by spinners since
Southern spinners

Taken by
Taken
Taken

by Northern spinners since September 1, 1834
by Northern spinners same time in 1883-34

Decrease in takings

by Northern spinners

1,032,203
66,231

this year.bales

Northern spinners

The above indicates that

had

up

to

February 1 taken 965,972 bales, a decrease from the cor.
responding period of 1883-4 of 66,231 bales and a decrease
from the same time of 1882-83 of 159,956 bales.
AMOUNT

OF

NOW

CROP

Number

IN SIGHT.

foregoing we have the number of bales which
already been marketed this year and the two previous
seasons.
An additional fact of interest is the total of the

Weight.

Weight.

Weight.

221,773,935
609,953,600
103,597,446

5150C

510-55

520-79

475-00

478-00

486-93

498-00

49500

504-00

734,412
477,567
749,470
99,754
740,405

344,683,928
223,501,356

469-34

468-63

483-50

46800

469-12

474*05

351,876,165

469-50

473-43

477-34

46,395,585

465-10

470-50

473-94

367,115,011

495-33

49000

50600

4,724,440

2,268,932,026

480-23

4S175

489-70

Alabama

Georgia*.:’.

1,234,176
208,027

....

South Carolina.

Virginia
North Carolina.

Tennessee, &c..
Total
*

Including Florida.

It will be noticed
a

1884-35.

1833-84.

1882-33.

Total marketed, as above
bales.
Interior stocks in excess of Sept. 1

4,724.440
263,000

4,562,337
250,000

4,899,620
325,000

bales.

4,987,440

4,812,337

5,224,620

Total in sight

This indicates that the movement up

present year is 175,103

to Feb. 1 of the

bales more than in 1883-84 and 237,-

180 bales less than in 1882-83.
As it will interest

the reader to see what has come

into

this and previous
have prepared the following, which shows the

sight each month of the season during
years, we

movement for

the last three seasons.
1834-35.

Months.

October

413,836
1,309,111

November

1,390.902

December

1,360,404
513,187

September

January

1883-84.

450,047

1,325,716
1,317.773
1,264,816
453,985

1882-83.

402,336
1,180,761
1,402.952
1,435,006
803,565

February 1

decrease in the average

1S82-83.
THE

COTTON

GOODS

TRADE IN JANUARY.

comparatively quiet business as regards the
home demand at the principal centres during the month,
large jobbers and the manufacturing trade having bought
so heavily toward the end of last year that their stocks
have not yet been reduced to the replenishing point.
The
export demand was more active, some large parcels of brown
and colored cottons having been taken for China and
South American markets. Stocks in first hands are slowly
increasing, but the firmness of the staple has imparted
steadiness to manufactured goods, and some makes of
brown sheetings, &c., have an upward tendency.
Print
cloths were in fair demand, but the supply is redundant
and prices have further declined, the market closing easy
and in buyers’ favor.
The stock of print cloths in the
hands of manufacturers and speculators on February 1
reached 1,306,000 pieces, against 1,131,000 pieces on Jan.
1, 1885, 635,000 pieces on Feb. J, 1SS4. and 653,000
pieces on February 1, 1883.
There

was a

a rs

U A li 1.

SheetGotVn Print- Sheet- OolVn Print- Sheet- CotVn Primlow
ing*.
low
ings,
ing
low
ings,
ing
ing standmid- cloths, stand- mid^ cloths, standm id- cloths,
64x64 ard.
dling. 64x64 ard. dling. 64x64 ard. dling.

..Holi day...
7% 10316
3-19
7% lo‘>10
101%,, 319
10%
S...
7% 10%
10i3lf 319
7%
1013,/, 3 19
3-19
7% 10%
7% 1U%
1013j 0 3-19
7% 10%
I013lfc 3-19
7% 10%
1013lfc 3-17
10%
8...
3-17
7% 10%6
10%
317
7%
10%
317
7% 10® is
10%
317
7% KJ&je
10%
317
7% 105l6
10%
317
7% 105,0
10%

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.

1883.

1834.

18S5.

crop

follows.

that the movement up to

weight as compared with
the same periods of the last two years, the average this
year being 480-23 lbs. per bale, against 481-75 lbs. per
bale for the same time in 1883-S4 and 489-70 lbs. in
shows

has

to be as

Pounds.

430,629

Texas

In the

which was in sight on Feb. 1, compared with previous
years.
We reach that point by adding to. the above the
stock remaining at that date at the interior towns, less
stock held by them at the beginning of the season.
In
this manner we find the result for three years on Feb. 1

peri’d in peri'd in

Average Average Average

Weight in

of

Bales.

4,899.620

The amount of cotton

ending Feb. 1 , 1885.

1883-84. 1882-83.

Louisiana.......

1884-85.

•

Five Months

..

..

..

1013lfl
10-78
..

i*oi5lfi
I078
1015i,i

1015^
1078
101%*

S...

3-i6:

10%
10%
10111«
10%

3-16
3-16
312
3-12
3-12
8...
3-12
3-11
311
3-11
3-11
311

7%
7%
7%
7%
7%
7%

..Holi
3-69
91 %e 3-69
yo i6 3-69
3-65
9“m 3-65
8...
911,6 3-65
91 be 3-63
3-63
9%
9Ui0 3-63
911,6 3 63
91%6 3-63
8...
91 %fc 3 63
9i be 3-63
9i%6 3 63
91%6 3-t3
3-< 3
950
363
9%
S...
3-63
9%
3-65
9%
91%. 3-65
91%6 3-69
«“ie 3-69

day...

9%

7%
7%
7%
7%

911:

..

3*44
3 14

7%
7%
7%
7%
7%
7%

..8...
3-44
3-46
3-50
3-50

7%
7%
7%
7%

3-50

7%

3-50
S...
3-oO
3-50
3-50
3-50
3-50
3-50

7%

10®,(5

!0&io
10%
10%

.

3-50

1038"

3-52

10%
1038

3*53
3-53

7%
7%
7%
7%
7%

7%

911,6 3-69

7%
7%

..

The fire losses in

8

8
8
8
8
8
8
8

8

7%
7%

8
8
8

8
8
8

8...

%6 3-69
9Hn 3 69
5)111. 3-69
91

prices are—For cotton, low middling upland at New
cloths, manufacturers’ prices; for sheetings, agents’
are subject to an average discount of 5 per cent.

THE WASTE BY

8
8
8

..

The above
for printing

which

8
8
8
8

..

8...

1051C

day...
8’

..

..

105,6
7%
7%
7%
7%
7%
7%

..Holi
3-44
3-44
3-44
3-44
8...
3-44
3-44
3 44
3 44

8

8
8

York,

prioes

FIRE.

the United States and

Canada during

■

1884 are computed to have reached the unusual
WEIGHT OF BALES.
aggregate of $112,000,000, the largest on record excepting
To furnish a more exact measure of the receipts up to only the two years 1871 and 1872, the years of the Chicago
and Boston fires.
If we take the usual estimate of ten
February 1, we give below our usual table of the weight
of bales.
We give for comparison the figures for the same thousand million dollars as that of the annual value of all
4,937.410

Total 5 months

tkne in the two




previous

seasons.

4,812,337

5,224,620

the year

products of the United States,

and allow to Canada eight

168

THE CHRONICLE

hundred millions—her

population being rather less than
one-twelfth that of this country—we shall see that the fire
loss has been slightly more than one
per cent of the aggre¬
gate production. Thb signifies that every person has been
compelled, substantially, to work three days out of the
three hundred working days to overcome the loss
by fire.
The magnitude of the sum which
represents this waste
can, of course, be enforced in numerous ways.
Thus, it
is

than twice the interest

more

the national

debt; it is
taxes, from
those of the nation down to those of the school district
; it
is nearly twice the revenue of Canada
; it is enough to
support, at the average cost of living in the country (fifty
cents a
day) a population as large as the city of Brooklyn.
However one may look at it the amount is so
enormously
and unnecessarily large that it is a
pure waste of time to
argue that it ought to be reduced.
Nevertheless there are two sides to this
question. The
ordinary way of treating it is to speak as though nearly
all fires are preventable, and as
though all or nearly all
buildings ought to be fire-proof. We are told that the
enormous waste—it is
enormous, and a large part of it is
addition

an

of

on

one-seventh to the

sum

of all

waste—is the result of individual carelessness.
Buildings
burn down, it is said, because
they are badly constructed.
A fire sweeps through a town because its fire

department
inefficient, and because suitable provision of water sup¬
ply has not been made. This is all true in individual
cases, and the lesson of taking proper precaution against
is

in such

[Vol. XL,.

buildings have been greatly reduced by improved

methods of construction, and
by automatic attachments
which bring water to the rescue as soon as fire breaks
out.
Yet in spite of all these
appliances, the best built and the
best equipped factories are liable to be
destroyed, and the

proportion of loss among them is greater than it is among
foreign factories where less effort is made to provide safe¬
guards. Then, again, it is not hastily to be assumed that
the practice of
constructing buildings which the flames will
swallow at a gulp, is
wholly indefensible. We refer nowT
not to the
great factories and the city warehouses and resi¬
dences, but to the stores and dwellings in villages and in
the country.
The aim generally is to build cheaply. It
is

often

wise

build

to

.cheaply, for in a great ma¬
jority of cases it is a matter of stern necessity. Whatever
may be done to make a building difficult to burn without
materially increasing its original cost, should be done, of
No argument

course.

is needed to show that. But for
the country through, buildings must
much larger than kindling wood at
that; and in this climate wood seasons quickly and
thoroughly, and is the easy victim of fire. Even a thor¬
oughly-built house may in a very few minutes be so much
damaged by a fire that the loss will represent the full cost
of a cheap house. Under such circumstances we can
hardly
be surprised that Americans find it not
only necessary—by
the most part, take
be of wood, and not

reason

of limited means—but

economically prudent to con¬
dwelling-houses and stores which are to fireproof struc¬
fire cannot be too often or too
forcibly pressed upon the tures what the Japanese paper handkerchief is to the
attention of the people.
We would not be understood as costly silk
fabric—something to be used once and thrown
that
a
holding
general observance of the wise maxims away.
which the admitted evil draws forth would not result in

a

struct

So far

as

our

great cities

are

concerned the rule must

large diminution of the fire loss, nor would we in the be very different. The value of
goods contained in ware¬
smallest degree discourage those who
engage in the good houses, and, much more, of the lives of persons
employed
work of urging upon the
people the importance of thor¬ in them and in city workshops, makes it the
imperative
oughness in building and of extreme care in the use of duty of builders and
building-owners to adopt methods
fire in all structures.
of construction which will
impede the work of the flames
But as practical men we must admit
that, judging from as much as possible. They have to guard
against fires
the past, the fire loss instead of
diminishing is even due to the carelessness and the short-sighted policy of
likely to increase.
This expectation is based upon their
neighbors, as well as to those orignating on their
the probability that the
proportion of careless per. own premises. Cheapness is not the virtue of
city build¬
sons will remain
constant, and that the proportion of ings. The owners ' have
money to spare for ornamenta¬
population residing in consumable villages and cities tion. The tenants are
willing to pay additional rent for
will grow more numerous.
If it be justified, it is the the
security afforded against fire. In this department of
business of
the economist
to
take account of
this
annual drain upon the national resources as a
fact, per¬
manent and fairly constant, which must
always be con¬
sidered in discussions of the national
wealth, resources,
expenditures and wages. For example, fin Mr. Edward

Atkinson’s

recently published work

Wages,” much stress—not
influence

of

the

cost

too

on

the

11 Rate

much—is laid

upon

of

more

costs us,

for the

support of its army than our army
climate and our habits result 'in the

and if our
by fire of several millions’

destruction
more

than the fire loss of that other

extent

worth of

property
country, just to that

the latter item offsets the other.

The

"great waste of human labor is different in the

cause

of

a

two cases;

the effect is similar in each.
It is

fact that the

precautions against fire which are
unavailing here. There
is probably no class of buildings in the world for the
safety
of which against fire there is such an abundance and an
ingenuity of appliance in use, as can be seen in the factories
a

effectual

which
ance




across

are

the Atlantic prove

members of all manufacturers’ mutual insur¬

companies.^The number and destructiveness

room, as there is need, for immense
It is possible for individual owners of real
jafford not only reasonable security to tenants

improvement.
estate

to

against such quick destruction as will prevent the removal
goods, but to themselves assurance that fire
within their buildings shall not result in total loss.
of valuable

the

of

standing armies on the rate of
wages and on the prosperity of European countries.
But
if political necessity and bad
neighborhood compel one of
those countries to expend
every year a hundred million
dollars

construction there is

of fire

FINA NCIA L RE VIE IF OF JA N UA R Y.
The month of January was one of much
there

was no

radical

depression and
improvement in the discouraging fea¬

tures which had marked the late months of 1884.

The money market was overloaded with funds; the New
York City banks continued to increase their

surplus re¬
January 31 they reached the unprece¬
dented figures of $53,870,975; the rates for loans on call
secured by collateral were usually 1@2
per cent. The heavy
serves,

lenders

until

on

of money

transferred some of their funds to Lon¬
don, through the purchase of sterling exchange, in order
to realize the
higher rates of interest obtained in that
market.
In commercial affairs there

ment, among which
and

were some

signs of improve¬

the advance in the price of wheat,
the starting up of quite a number of mills and fac¬

tories that had

were

been shutdown

for

a

longer

period. ^These resumed business in nearly all
s

or

shorter

cases on a

169

THE! CHRONICLE.

7, 1885 ]

February

which was accepted' by the opera¬
tives.
Two important failures occurred during the month,
those of Messrs. John J. Cisco & Son, bankers in New
York, and Oliver Bros. & Phillips, iron men, in Pittsburg,
and rather singularly, these failures occurred on the same
day, the 14th of the month. The nominal liabilities in
each case were large, but the assets were also large
and the ultimate loss to creditors probably small.
At the Stock Exchanges the tone was depressed and busi¬
ness generally dull.
The situation remained nearly un¬
changed as to the trunk lines, and the cutting in passenger
rates and failure of the presidents to agree on any plan
for continuing and strengthening the east-bound freight
pool had the effect of placing the railroads in a strained situa¬
tion, where at any moment an open rupture seemed possi¬
reduced scale of wages,

Grand Trunk of Canada also gave notice of
withdrawal from the pool.
The West Shore, being in the
ble.

The

Railroad Stocks—
New York Central & Hiul. Riv.
Erie (N. Y. L. E. A W.)
Lake Shore A Midi. Southern.

1833.

1881.

1835.

12 (lie
30

114*8

37*8

25

12*4

1104

97%
91%

Ob-4

Michigan Central
Chicago Rock Island & Pacific

Delaware Lack. A Western
Central of New Jersey
Merchandise—
Cotton, Middl’g Uplands. $

...

61*4
55

103*4
122 ^
89%

131 *4

118
137
118

106*4
12 5 %

88%

71*8

120*2

es\
32*3

123%
146*4

Illinois Central

Chicago & Northwestern, com.
Chicago Milw. A St. Paul, com.

«8

86

72 ha

10*4
11*8
103,*
lb.
33 035
33®41
Wool, American XX
fl lb. 33 042
Iron, Amer. pig, No. 1..$ ton. 25 00026 00 20 50 021 50 13 00018 50

Steel rails at mills
Wheat. No. 2 red win.$

Corn, West. mix.No. 2.19 bush
Pork, mess...'.
$ bbl.

10 OO

27 00

lb*4U 17

91*2
49*2®50

34 «/35
1 06 VI 00
61 a 61 *4
d 60
63
18 70 d> 19 00
15 50

t

bush

CLOSING TRICES OF GOVERNMENT

SECURITIES IN JANUARY,

3s,
6s,
4 s,
4%S,
Our.,
opt’n
1891, 1907,
V. S.

Jan.

coup. coup.

.noli dav..
x21*4

1
2

coup. coup.

reg.

1

1835.

3s,
6s,
4s,
4*2 s,
Our.t
opt’n
1891, 1907, U.
S. 1899,

Jan.

1899,

reg.

13 25013 50

rig.

reg.

112*j 121*4

19

I' 20
21

3

121*4
8.
| ‘ V2
pending foreclosure, and its future 4
! 23
112% 121%
112% 121%
is’!! Eh”. 112% 121%
1 24
possessors unknown, was still an element of trouble among
8..
| 25
7
112*4 121% 101%
122
j 26
101
112% 121*5
the trunk lines, and some step towards its final settlement
8
I 27
9
122*8
121 %
128
28
was anxiously awaited by the
122
public. The coal combina¬ 10
29
121%
11
tion among the anthracite coal carriers was defeated by 12
121*4
30
101*4
31
13
121%
j
the refusal of the Pennsylvania Railroad to join that 14
122
112% x21 *4 101% 128
122
15
Open
| illigh
combination, and the other companies only maintained 16
112% 122*8 101% 128
121%
123
Low
112% 121% 101
17
their nominal alliance by agreeing to mine 1,000,000 tons 18
It 2% L21 % 101*4 128
!cios
more for the
year than they had previously determined,
The following table will show the lowest, highest and
thus placing the output for 1885 at 31,000,000 tons.
closing prices of railway and miscellaneous stocks at the
The default on January 1 on Houston & Texas Central
New York Stock Exchange during the months of Decem¬
first mortgage bonds had a bad effect on bond investments
ber, 1884, and January, 1885.
interest had been paid in October on the second
as the
RANGE OF STOCKS IN DECEMBER AND JANUARY.
mortgage bonds, and the default on the firsts, of which the
December.
January.■
Xov. 29.
Low. High. Dec. 31. Low. High.. Jan. 31.
Railroads.
amount outstanding is relatively small, was regarded as
AIbany A Susqueli...
74
78
78
76**4
Atchison Top.A S. Fe
showing indifference to the obligation of contracts, or as Bost.A
90
86
90%
86
N.Y.Air L. pi.
5b >4
50*4
Burl. Cod. Rap. A No
a deliberate attempt to frighten first-mortgage bondholders
37
37%
45% *43%
44%
43%
45%
Canadian Pacific
*91)
32
32
29*4
29%
29
*30
into making concessions ; the coupons were purchased by Canada Southern
*9
11
11
11
Cedar Falls A Minn.
31*4
33*4
39%
40%
47*4
37%
the Southern Development Company if holders chose to Central of N. Jersey. $43%
34
26%
35%
27%
36%
35
32%
Cent ral Pacitic
5%
6 *9
*5%
0*4
sell them. The East Tennessee Virginia & Georgia Railroad Clios A. Ohio
6*4
*5 %
5*4
'
11
*10
9%
*11
11%
9%
9*4
1st pref.
Do
8
*6
7
*6
defaulted January 1 on its consolidated mortgage bonds,
5%
*7
Do
2d pref.
128
133
131% 131*4
126
Chicago A Alton
147
and the company made good progress in getting its
147
Do
pref.
121
113% 122% 115% 115% 119% 117%
Chic. Burl. A Quincy.
funding plan adopted. Upon the whole, there was little Chic. Mil. A St. Paul. 7 9 % 69% 81*4 71% 70% 70% 71*4
107
102%
103*4 102
102% 103
Do
pref. GOG
to cause any advance in stocks during January, and the
81%
91%
89%
92% $84%
91*t §62*4
Chic. A Northwest...
Do
pref. 126*4 119% 127% $119% 119:t4 126% *125
best that could be said was that the market, on a moderate
105
109
108
111
111*4 $105
Chic. A Rock Island..
$101
*7
6%
7*4
8*4
7%
Chic. St, L. A Pittsb.
business, was held with sufficient steadiness to prevent any
15
17
17%
17% *15
Do
pref. *14
27
25
24%
23
30*4 *23%
29%
Chic, St.P. Minn.AO.
heavy decline in prices.
8‘2 *4
85%
82
91*4
$82*4
Do
90%
.87%
pref.
32
31
*33
37
31%
*33
31%
Col. Cin. A Ind.
Sterling exchange advanced during the month, and the CIoy.
137
134
134
137
138%
CIcy. A Pittsb., guar.
20
14%
A Greenr., pref.
tone was, generally firm until the last week.
The Bank of Col.
50
50
Danbury A Norwalk
88%
91*4
82%
110*4 $86*i 111
$87%
Del. Lack. A West’m.
England rate was reduced on January 29 to 4 per cent, Denver
10
*8
SH
*8%
8
9%
*9*4
A R. Grande

hands of

receiver

a

..

......

o

j

o

-

,

n

’

.

#

and

this

caused

a

reduction in demand tills.

The pur¬

sterling for investment was one of the important
influences bearing on rates, but the extent to which this
was carried on could not be determined.
The imports of
chase of

merchandise

were

small.

following summary shows the condition of the New
York City Clearing-House banks, rate of foreign exchange,
and prices of leading securities and articles of merchandise
on or about the 1st day of Feb. 1883, 1884 and 1885.
The

STATISTICAL SUMMARY ON OR AROUT FKR. I,

1883.

Neic York Oily Banks—
Loans and discounts

Specie
Circulation
Net

deposits
Legal tenders
Legal reserve..:
Reserve held

Surplus reserve
Money, Exchange, Silver—

4s of 1907. coupon




1884.

Harlem
Houst. & Tex. Cent..
Illinois Central
Do L’sed Lino 4 p.c
Indiana HI. AW
Lake Erie & West—
Lake Shore

Long Island
Louis. A Mo. River..
Louisville A Nashv..
Louisv. N. A. A Chic.
Manhattan, consol...
Manhattan Beach Co.

Memphis A Cha’stou.
Metropolitan Elev...
Michigan Central

1885.

ilUi.

$ 316,460,80( 338,844.400 293,746.700
$ 61,695,200 73,961,300 101,732,000

$

1 6,615,2n(i
14.C04.000
11,285,300
307.182,201 355,071,300 352,343,300
$ 23,030,401 34,104,900 40,224,800
88.767.825
88,085,825
$ 76,795,55
$ 8 4,635,6cm 108,066,200 141,956,800
53,870,975
7,840,05*
19,298,3 75
$

$

Call loans
Prime paper, sixty days
Silver in London, per oz
Prime sterling bills, 60 days..
United Slates Bonds—

3s, registered, option U. S
6s, currency, 1898
4%s, 1891, coupon

1883. 1884 AND 1885.

Dubuque A Sioux C..
East Tenn. Va. A Ga.
Do
pref.
Evansville AT. II...
Green B.Win.A St. P.

20 4
50 5%
50 5ft d.
4 83*5

2

*501

51d.
4 86*5

4971S

02*2
404*5

84*5

100*5

101*4

131

129

13L

113*4

114*4
123*4

112*8
121%

104*8
119

..

pref.
Elevated.
N.Y. Lack. & West
N. Y. Lake Erie A W.
Do

_

33%
121*4

..

-

Do

*

Prices bid.

3%

3*4
195
38*4

31

115*4

121%

84

85
10

11

67*4
63*4

26*1

24%
17

17

70

$64%
10%
26
90

28
60

*12*4
29
17

95%
*6%
122
39

89%
*5%
*8%

14%

t Prices a

ed

01%
25*4

11%
9*4
59%

86%
12*4
13%
03%

62

67%)

22
11 %
65

26%
19%

11%
27%

14%

70%

122*4
12
12

61*4
*65%
23%
70%

12%

*10%
*26

18*4
95*4
7*4

11%

*15%

$90%
*6*4

$115

14%
90%
7%
114%

40*4

13/

33

92%

$86%

5*4
8%

1%
*7%

84%
4*4
7%

89%

15%
13*4

*

*110

86%
14%

13*4

180

11%

12

8-f

35

27
9
175

119%

26

130

85%
13%

89%

.

10%

•

124

7*4

•

25

13%

130

•

......

12
*26

30

4

.

3%
192
30
123

90
54

25%
14*4

$83%

•

*5

40

*88
55

32

36

-

*3

93

32
10

7*4

20

*30

3%
5%

§65%

61

$115

190%

59

72*4
11%
29%

54%

§89*4

4%
3

*3

12

11*4
69%
64%
19*4
27%

19

2*4
37%

8*4
59%
62%

pref.

N. Y. & New Engl’d.
N. Y. N. H. A Hartf’rd
N. Y. Ontario AW...

8%

189*5

16
*12

3*4
4*4

35

32

*4*4

New York

405
4

0II.C6

Minneapolis A St. L..
Do
prer.
Mo. Kans. A Texas
Missouri Pacific
Mobile A Ohio
Morris A Essex
Nashv. Chatt. A 8t. L.
N. Y. Cent. A Hud. R.
N.Y.Chlc. A St.Louis.

4*4

*31

55

59
5

57
3

4*4
7*8

14%

*11%

t Ex-privilege.

122

84%
12%
23
12
175

10%

......

30

93*4
61

17%
95
8
121
37

89%
5%
9
130
88

*93*i
55

14%
94%
7*4
*117
35

87*4
4%
8
85

14*4
30

14%

14*4

180

12%

10%

§ Ex-iividend. 7JH3

170

THE CHRONICLE.
JDecember.
*
■>
January.
Nov. 29. Low. High. Dec. 31. Low. High. Jan. 31
*2 is
1%
2%
1%
2%
9
4ia
6ia
47q
14%
19
*20
21
23
17ia
22ia
21%
16
19%
15
18ia
16%
15%
17%
423s
38%
42%
39%
36%
373a
40%
1
2
1%
1%
1%
1%
1%
16
19
21%
173s
45
60
9
9ia
10
10%
9%
16
15
16
16
16%
15%
12
12
1438
14%
13%
11%
143q
12
*12
14
1414
14%
12%
23 %
18
23%
19
16
1678
15%
125
119ia 128% 126% 123% 125%
140
143
143
140
136% 140
2
2is
2%
2
2%
45
43
45
44 %
48
18
19
2114
21
20%
3
25s
3%
*2%
12%
2%
3%
18
17
17
18%
*20
20ia
22%
20%
21%
*19
20
22% *187s
1878
20% *17
*39
38ia
36
42% *38
35%
39%
83
87
81
83^
*83
82
87%
.

Railroads.

N. Y.

Susq. & West..

......

Do
pref...
Norfolk <fc We8t.,pref

•

Northern Pacific
Do

pref.

Ohio Central
Ohio & Mississippi...
Do
Ohio Southern

pref.

......

..

"Peo. Decat. &E’ville.
Phila. & Reading

Pittsb.Ft.W.&C.guar.
Rensselaer & Sar
Rlch.& Al. st’k, tr. ct.
Richmond & Danville
Riohmond<£ West Pt.
Rochester & Pittsb..
Rome Water. & Ogd..
St. L. Alton &T. H..
St. L. <fc S. Francisco.
Do
pref.
Do
1st pref.
St. Paul & Duluth
Do

......

St. Paul Minn. & Man
South Carolina
Tex. & New Orleans.
Texas & Pacific
Union Pacific

86

24%

72

79
86
9

77ia

13%

i*2

1.438

5079
173A

41:j8

52

Wab. St. L. & Pacific.
Do

24ia

9

Virginia Midland....

....

*5

.

.

.

79
*91
12 58
46

......

4%
12ia

*1212

pref.

......

5%
13%

*5
*12

79%

87

89

1134
45%

89%
1338
50%

15

15

4%
116

Telegraph.
Amer. Tel. & Cable..
Bankers’ <te Merch’ts
Mutual Union

*52%

......

Adams.....
American
United States

132ia

125

95

§88

*§51

51

Wells, Fargo & Co....

I09ia

108

Coal and Mining.
Colorado Coal & Iron
Consolidation Coal..

7ia
9ia

Quicksilver Min

5%

18ia
5%

34

33

39ia

40
67
19

§90 ia

Ore^’n R’y &Nav.Co.

§111

55

O

4
......

....

53%

*125

87%
48

20
10

18%
6%
33

12%
49%
*4

*12%

53%
*3%
......

135
93

58%
x134

913a
*50%

110

TOO

8

10%

9%

10

10%,

10%

i21,952

02

215,068 14

.

Pacific Railroad interest paid

$544,590,414 87

THE DEBT STATEMENT FOR

JAN., 1885.
following is the official statement of the public debt as
it appears from the books and Treasurer’s returns at the close
of business on the last day of January, 1885:
The

INTEREST-BEARING DEBT

■36

30

68

91%
21
74

69%
55%

57%
111

*105

Jan.

....

60

66%

74

21

26%

70
62
54

56%
112%

82

4 82

4 82%
4

82%
4 82%

4
4
4
4
4

86
86

88%

4

4
4
4
4

83

4 87

83%
83%

4

4

87%
87%

4 88
4 88

81
4 84

days.

25....
26....
27....
28...
29....
1 30....
31....

-

8.

82%

60

Jan.

86%
86%
86%

4

JANUARY, 1885,.

Range

High
Low.
:

1

s.
4 83
4 83%
4 84
4 84
4 81
4 84

De¬
mand.

of Issue.

izing Act.

Payable.

Amount Outstanding.

Inter st Pei'ods.

Registered.

3s of 1882..

Coupon.

July 12,’82 At option, Q.-A.
4%s of 1891 ’70 and ’71 Sept. 1,’91 Q.-M

$194,190,500
198,784,450

51,215,550

July 1,1907 Q.-J.

598,391,750

139,313,600

$991,366,700 $190,529,150
$253,000
14,000,000

4s, ref. ctfs. Feb. 26,’79
3s.navvn.fd Julv 23.’68

$1,196,148,850

Aggregate of interesit-bearing (le bt....

On the foregoing issues there is a total of
$1,966,923 interest
over-due and not yet called for. The total current accrued interest to
date is $5,826,289.

DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
There is a total of over-due dobt yet outstanding, which has never
been presented for payment, of $5,955,945 principal and $253,469
Interest. Of called bonds embraced iu this total the principal is
as follows:
5-20s of 1862, $354,750; do 1864, $49,050; do 1865,

t37,950
91,150; ; 10-40s
consolsof of1864,
1865.$129,950;
$J6 4.450;funded
do 1867,
do 1868,
loau $506,600;
of 1881, $205,200;
3’s

certs., $5,000; 6s of 1861, continued at 3% per cent, $219,850; 0s
of 1863, continued at 3% per cent, $25,900; 5s of 1881, continued
at 3%, $335,150: loau of 1882, 3s, $2,818,750.

AuthoHzing Act.

Amount.

Undistributed assets of failed national banks
Five per cent fund for redemption of nat’l bank notes.
Fund for redemption of national bank gold notes
Currency and minor-coin redemption account
Fractional silver-coin redemption account
Interest account, Pacific Railroads and L.& P. Canal Co
Treasure^U. S., agent for paying interest on D. C. bonds
Treasurer’s transfer checks and drafts outstanding
Treasurer’s general account—
Interest due and unpaid
$1,966,923 86
Matured bonds and interest
250,148 90
Called bonds and interest
5,203,077 78
Old debt
1
756,188 31
Gold certificates
134,279,530 00
....

Balance, including bullion fund
Total Treasurer’s general account
Less unavailable funds

*15,34:4,y4,2
8,375,934

6,969,008

$659,314,420
4,229

j

87%
87%
87%

4 88
4 85%

$2,712,96S 02

panks “failed,”
liquidation,” and “reducing circulation”

mj - oa* 04.0

interest

no

1

31, 1885.

Disbursing officers balances

Aggregate of debt bearing

30,130,000
134,279,530
141,196,701

Unclaimed Pacific Rai lroad interest

87%

the actual returns
Treasurers, depositaries and superintendents of
mints and assay offices:

Fund for redemption of notes of national

or

July 17, ’62; Mar. 3,1
’63; June 30. ’64 5
fiestr’yed, act J’e 21,’79

88

It is based upon

LIABILITIES, JANUARY

|

4

from Assistant

Post-office Department account

Less amt. est’d lost

4
4
4
4

—

4 84
4 8L%

$53,165
346,681,016

RECAPITULATION.

UNITED STATES TREASURY STATEMENT,
follo'wing statement, from the office of the Treasurer,

Silver certificates
Certificates of deposit

Old demand notes.... July 17, ’61; Feb. 12, ’62
*....
Feb. 25, ’62; July 11, 62; Mar. 3,’63
June 8, ’72
Gold certificates
March 3, ’63; July 12, ’82
Silver certificates.... February 28, ’78

Legal-tender notes
Certificates of deposit

4 87

The

issued this week.

When

Character of Issue.

73

5934
53%
107%

FOR

De¬
mand.

days.
4

Author¬

Fractional currency

EXCHANGE (POSTED RATES)

De¬
mand.

Character

40

105

1.... ....Iloli day
13....
4 85%
2.... 4 81%
14....
3.... 4 81%
4 85%
15....
s.
4....
16....
5.... 4 81%
4 85%
17....
6.... 4 81%
4 85%
18....
4 81%
4 85%
7....
19....
4 81%
4 85%
8....
20....
9.... 4 8L%
4 85%
21....
4 85%
10.... 4 81%
22....
11....
S.
23....
12.... 4 822
4 SO*’*
..4

25,298,865 44
39,671,925
416,131
12,980,825
146,779
19,810
65,101
1,770

54
41
43
00
24
40

00

444,161 55

2,490,273 13

Amount

_

30.130,000 00
117,253,944 17

.

.

Interest.

Outstanding.

1

—

Interest-bearing debt—
Bonds at 4% per cent..
Bonds at 4 per cent....
Bonds at 3 per cent....

$250,000,000
737,705,350

Refunding certificates.
Navy pension fund

253,000
14,000,000

194.190.500

Total interest-bearing debt
$1,196,148,850
Debt on which inl.has ceas'd since maturity
5,955,945
Debt bearing no interest—
Old demand and legal-tender notes
346,739,181
Certificates of deposit
30,130.000
Gold and silver certificates
275,476,231
Fractional currency
6,969,008
Total debt

bearing

no

interest...

$659,314,420

Unclaimed Pacific Railroad interest
Total
Total debt, principal and
Total cash in Treasury

$7,793,213
253,469

4,229

$1,861,419,215

$8,050,913

interest, to date

$1,869,470,129
460,341,803

Debt, lesscash in Treasury, Feb. 1, 1885
Debt, less cash in Treasury, Jan. 1, 1885

$1,409,128,325
1,418,548,371

Decrease of debt during the past month.
Decrease of debt since Juno 30. 1884

$9,420,046
$40,921,910

Current Liabilities—
Interest due and unpaid
Debt on which interest has ceased
Interest thereon
Gold and silver certificates
U. S. notes held for redemption of certificates of
Cash balance available Feb. I, 1885

$1,966,923
5,955,945
253,469

275,476,231
30,130,000
146,559,233

deposit.

Total
Available Assets—
Cash in the Treasury...

141,196,701 00

$460,341,803
$460,341,803

BONDS ISSUED TO THE

PACIFIC

RAILWAY COMPANIES.

interest payable by the united states.

$161,036,514 02
694,710 31-460,311,803 71
$544,590,114 87

ASSETS, JANUARY 31, 1S85.

Gold coin
Gold bullion
Standard silver dollars
Fractional silver coin
Silver bullion
Gold certificates
Silver certificates
United States notes
National bank notes
National bank gold notes

$172,747,344 37
64.420,631 47
150,632,154 00
$9,901,104 54
4,613.582 23
22,299,150 00
27,337,890 00
43,958,468 83
13,880,647 67

Fractional currency

Deposits held by national bank depositaries




45,000 00

125,106 06

...

DEBT BEARING NO INTEREST.

*3
*20

$ Ex dividend.

BANKERS’ STERLING

“in

Speaker’s certificates

4s Of 1907.. ’70 and ’71

52%

104%

8

83%

58%

130

*§80

10%

69ia
52%

53 \

51
xJ

§51

51
10934 *107

Homestake Mining..
Ontario

Oregon Improv. Co..

14
64
134
96
55

8
18
9

Do
pref.
Various.
Canton Co
Del. & Hud. Canal...

i 54%
*2%

....

§5312

Express.

Prices bid.

.

.

14

61

Pacific Mail
Pullman Palace Car.

56

52%

*2

Western Union

was

One and two-year notes, &c
Redeemed certificates of deposit, June 8,1872
Quarterly interest checks and coin coupons paid
United States bonds and interest
Interest on District of Columbia bonds

......

5%
14
116

12%

Warren

60

$797,887 53T

exchange

...

pref.

days.

.....

...

......

...

Jan.

•

•

Minor coin
New York and San Francisco

......

Oregon Short Line
Oregon & Trans-Con.

*

......

•

[VOL. XL.

!!.

3,181 62
13,491,186 39

Character of

Amount

Issue.

outstanding.

Central Pacific ^.
Kansas Pacific
Union Pacific....
Central Br. U. P..
Western Pacific..
Sioux City & Pac.
..

Total

Interest

Interest

paid re-paid by
by U. S.
transportat’n

$25,885,120

$25,7S2,216

6,303,000
27,236,512
1,600,000
1,970,560

6,696,603
27,409,136
1,693,808
1,845,599
1,610,846

1,628,320

$64,623,512

The Pacific Railroad

bonds

.

•

$65,038,209
all

Balance of
interest, paid

by U. 8.

$4,983,562 $20,150,382
3,227,256
3,469,347
10,496,199
16,912,936
171,947
1,514,934
9,367
151,567

i.836,232
1,459,279

$19,039,899 $45,343,111

issued under

tuts acta oi Juiy 1,
1862, and July 2,1864; they are registered bonds in the denominations
of $1,000, $5,000 and $10,000; bear 6 per oent interest-in currency,
payable January 1 and July 1, and mature 30 years from their date.

are

February 7,

f^Ljtuelavtjl ©oraraerctixl gtxglisft Hexxrs
Cable.

English Market Reports—Per

daily closing quotations for securities, &c., at
and provisions at Liverpool, are
by cable as follows for the week ending Feb. 6 :

and for breadstuffs

Sat.

49*2
497i«
100*10 100116 100*16
1001,« 1001^ 10051q

Illinois Central

115*4
1243*
39*8
7378

115*4
12478
38*4
75*8

115*8

115%

1247s

125

115*8
1245s

1278
124*4

125s
124*4

11%
1264

51%
8*8

51 %

89

89%

515s
8*8
90*8

127*8
52*5
8*8
91*s

Sat.

Mon.

Tues.

Wed.

d.

s.

“
“

"

“
“
“
Corn, mix., new.. “
Pork, West. mess.. # bbi
Bacon, long clear

Beef, pr. mess, new,$ tc
Lard, prime West. # cwt
Cheese. Am. choice

99*16
991316

80-90

Liverpool.

State).100 lb.
“
“

49*5

80-70

New York Central

Wheat, No. 1, wh.
Spring, No. 2, n.
winter, South, n
Winter, West., n
Cal., No. 1
Cal., No. 2
Corn, mix., old...

Fri.

99 7a
100516
10o9,e 100*16

115*4
1243*
38*a
73%

10

9

7

i

9 8
1
7
7 2
6 10

4'10%
58
32
85.
36
62

0
0
0
0
0

37%
74

8*8

s.

10

d.
9

s.

10

d.
9

7 1
9 8
7
1
7 2
6 10

7 1
9 8
7
1
7 2
6 10

4 10*2 4
58
58 0
32
32 0
85
85 0
36
36 0
62
62 0

d.
9

s.

10

,

1267s
52*4
8

90%

90*4

Thurs.

Fri.

d.
9

s.

10
7
9

9
0
0
0
0
0

4
58
31
85
36
61

59
32
85
36
62

75
12*5

8

7 1
9 8
7 1
7 3
6 11
4

9
0
0
0
0
0

39P4

38*2
75*8
1258
127*8
5238

13

s.

10

7 1
9 8
7
1
7 3
6 11

1
8
7
1
7 3
6 11

9*5
0
6
0
3
0

4

58
32
86
36
61

Amount

$6,883,762 last week and $7,669,474 two weeks previous. The
following are the imports at New York for the week ending
(for drygoods) Jan. 29 and for the week ending (for general
merchandise) Jan. 30; also totals since the beginning of the
first week in January:
FOREIGN IMPORTS AT NEW YORK.

For Week.

1882.

1883.

1884. '

Dry goods
GanTmer’dise..

$3,018,330

$2,399,269
5,983,612

$3,398,860

5,825,062

6,342,926

$2,072,273
5,347,430

Total
Since Jan. 1.

$8,843,442

$8,382,831

$9,741,786

$7,419,703

$13,345,312
29,713,810

$13,598,890 $ 10,803,800
24,537,077
28,655,611

0

Total 5 weeks..

$46,009,581

$43,059,122

$12,254,501

3
0

2,223,770

our

EXPORTS FROM NEW YORK FOR THE

For the week...
Prev. reported..

$6,969,200

25,886,378

$7,771,094
29,276,837

$7,291,734
23,781,592

$7,153,161
28,981,912

Total 5 weeks..

$32,855,578

$36,047,931

$31,073,326

$36,135,073

table shows the exports and imports of specie
New York for the week ending Jan. 31, and
January 1, 1885, and for the corresponding periods in

The following
at the port of

since
1884 and 1883:

$13,152,629
$2,045,210
2,900,820

855,610
$12,297,019

included above, $487,644.

legal tenders on
deposit Feb. 1 with the Treasurer of the United States to re¬
According to the above, the amount of

deem national bank notes was

$42,297,019.

deposit made (1) by banks becoming insolvent, (2)

Great Britain
France....
West Indies
Mexico

South America
All other countries.
Total 1885..
Total 1884..
Total 1883..

Silver.
Great Britain
France

Germany
Nov. 1.

Dec. 1.

Jan. 1.

Feb. 1.

$
$
$
920,243
348,890
696,228
Liquid’t’g bks 10,396,076 10,316,235 10,620,107 10,629,853 12,815,155
Reduc’g und’r
act of 1874. 28,891,882 30,205,136 32,436,001 31,673,886 23,561,621
$
733,°02

$
734,713

40,021,760 41,256.084 43,752,336 43,152,629 42,297,019

Total

Coinage by United States Mints.— The
ment, kindly furnished us by the Director of

the coinage at
of Januarjr:

West Indies
1
Mexico
South America
All other countries...

$
357,629

799,521

358,956

1,269,197

78,150
5,960

116,412

61,500

8,793

5,966
35,233
2,603

$450,538

$1,305,538

8,652
32,936

64,512
406,132

2,000

13,944

$361,956

$1,349,141

7,667

51,067
21,285

$345,800

$1,223,260
24,045

16,374

16,374

4,235

4,235

$366,409
420,999

Total 1885
Total 1884
Total 1883

Quarter eagles
Total

gold

Standard dollars.
Half dollars

Suarter
imes
dollars..
Total silver.

.$1,272,166
1,695,801
1,431,530

176.000

Total minor

..

Total coinage.




2,150

24,123

$35,937
51,330

$97,717

46,027

215,487

of Jan., 1885.

time, $7,000 were

106,381
32

33
38
36
60

484,903

$16,473 were
coin. Of the
American gold

com.

U. S. Sub-Treasury.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as
balances in the same, for each day of the past week :

the

Balances.

Value.

$
2,127,620
320
165
114

90
60

106,580

2,128,369

2,385,200

2,355,200

200
200

100
50

542,697

54,269

2,928,297

2,439,619

781,300

39,035

Payments.

Receipts.

1,786,961
1,640,718
1.320,*99
1.114,758
*3,472,423

00
76
75
68
83

Total...

10.383,898 74

1,048,401 72

600

18

3,511,600

35,116

4,293,500

74,199

7,328,377

4,642,187

Currency.

Coin.

$

$

$
Jan. 31.
2.
Feb.
“
3.
“
4.
“
5.
“
6.

1,033,525
1,465,846
1,364,617
1,128,0 L6

66 20,592.288
90,128,028,943 43 20,546,471
90| 127,808,615 93 20,72 i,780
93 127,686,397 72 28 831,740

79 127,808,224

7.442.079 03

Includes $2,000,000

Continental Ins. Co
225
Peter Cooper Fire Ins. Co.145
18
Ontario Mining Co
New York Produce Ex¬
100
change Bank
325
5 Union Trust Co
20 Jefferson InsuranceCo.... 125**

22
25
32
21

48
87

1,23 5,066 27 129.550,665 27 2L,Odd,231 42

gold certificates put into cash.
Auction Sales.—The following, seldom or never
Stock Exchange, were sold at auction this week
Adrian H. Muller & Son.
*

39

83
1,215,606 14 129,822.012 35 20,953,548 89

•Shares.
Five cents..
Three cents.
One cent....

44,271
29,323

exports during the same

month

Dale.

Dollars

10,315
23,472

the Mint, shows

Pieces.

Three dollars..

$

4,252

Denomination.

Eagles
Half eagles....

$

following state¬

Month

Double eagles.

$
345,798

$4,500

Of the above imports tor the week in 1885,
American gold coin and $10,966 American silver

the Mints of the United States during the

Since Jan.l.

$1,000

Germany

by banks

the la&t five months:

Insolvent bks

Imports.
Week.

Since Jan.l.

Week.

The portion of this

going into voluntary liquidation, and (3) by banks reducing or
retiring their circulation, was as follows on the first of each of
Deposits by—

YORK.

EXPORTS AND IMPORTS OF SPECIE AT NEW

Gold.

national jI1

‘Circulation of national gold banks, not

1.

1885.

Exports.

Amount on deposit to redeem
bank notes February 1,1885

Oct.

WEEK.

1884.

1883.

1882.

Legal Tender Notes —

Amount on deposit to redeem national bank
notes Jan. 1, 1885
Amount deposited during Jan
Amount re-issued & b’nk notes retired in Jan.

$35,345,877

report of the dry goods trade will be found the im¬
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Feb. 3, 1885, and from January 1 to date:
In

$326,424,914

outstanding February 1,1885 *.

1885.

$15,344,820
30,664,761

$625,260
—

week, compared with those of the preceding week, show
increase in both dry goods and general merchandise.
The total imports were $7,419,703, against $5,430,977 the pre¬
ceding week and $6,234,913 two weeks previous. The exports
for the week ended Feb. 3 amounted to $7,153,161, against
an

Gen’lmer’dise..

$328,618,684

2,849,030

Week.—The imports of last

Dry goods

following, showing the amounts of national bank notes out¬
standing Jan. 1, together with the amounts outstanding
Feb. 1, and the increase or decrease during the month; also
the changes in legal tenders held for the redemption of bank
notes up to Feb. 1 :
18S5.

Imports and Exports for the

The Slater National Bank

9
0
0

Changes in Legal Tenders and National Bank Notes to
Feb. 1.—The Comptroller of the Currency has furnished us the

National Bank Notes—

Bank of North Providence,” Paw¬

tucket, R. I. (No. 856), has been changed to “
of Pawtucket.”

d.
9

©xmxnxevcxal and UXisccUaixcnxxs Incurs

Amount outstanding Jan. 1,
Amount issued during Jan.
Amount retired during Jan

Newton National Bank, Newton, Kansas. Capital, $65,000.
Cashier.
Texas National Bank of San Antonio, Texas. Capital,
$100,000. John S. Alexander. President. No cashier.
First National Bank of Buffalo, Wyoming Territory. Capi¬
tal, $50,000. John W. Collins, President; Charles W. White,

Cashier.
The title of “ The Slater National

80-07*2 80-47*2 80-55

Pennsylvania
Philadelphia & Reading

Flour (ex.

reported

49*a

49*5

49%

Silver, per oz
d.
Console for money
Consols for account
Fr’ch rentes (in Paris) fr
U. S. 4**s of 1891
U. 8. 4s of 1907
Canadian Pacific
Chic. Mil. & St. Paul....
Erie, common stock....

London,

Thurs.

Wed.

Tues.

Mon.

following national banks have lately

National Banks.—The

been organized:
John Reese, President; C. R. McLain,

The

London.

33..229987——TThhee

171

THE CHRONICLE.

1885.]

sold at the

by Messra.

Shares.

Boiler
1 American
Strain
Ins. Co
10 Real Estate Exchange &
Auction Room, limited
50 Tobacco Leaf Pub. Co

50 Ninth National

Bank

CO

100 **
6 4

107

THE CHRONICLE.

172

premium, selling b premium; Boston, 10 discount® 12
premium; New Orleans, commercial, 100 premium; bank:,
200 premium; St. Louis, 25 premium; Chicago, 20 discount.
The posted rates of leading bankers are as follows :

3£hje 3S5aukers7 Oiaeetle.
OIViWJKNJ^S.

The following dividends have recently been announced:
When

Per

Name of Company.

Books Closed.

Payable.

cent.

February 6

(Bay8 inclusive.)
Prime

Railroads.

Cliie. & Alton prof, tfccom. (quar.)
Chicago & West Michigan

$2

March

1*2

Daubmy & Norwalk

2

342

Feb.
Feb.
Feb.

4
3

Feb.
Feb.

Detroit Lans. & North,
Banks.

pref

National Bank of the Republic...
Ifliscellaiieo us
Mexican Telegraph
SEW

The

YOlUi,

O
..

Feb.

13

to

10 to Feb. 16
6 to Feb. 14

16 Feb.

31

to

Fob.

FRIDAY,

London

;....

4 94

4 87*2

4 81 a4
4 sib
5 22b

5* 20

40*8

40*4

94^8

95 b

United States Bonds.—Government bonds have been modtcly active the past week, mainly in the 4s, which have been

8

era

i

4

on

Paris (francs)
Amsterdam (guilders)
Frankfort or Bremen (reichmarks)

10

9 Jan.

bankers’sterling bills

Sixty Days Demand.
*

Documentary commercial

1(5
1(5 Feb.

[Vol. XL.

Feb.

FEB.

11

«,

strong and advancing.
1SS5.-5 F.

The

>1.

closing

prices at

Money Market and Financial Situation.—The past

week lias been a quiet one in commercial circles, and tlie absence
of any failures of importance as the year goes on is a circum¬
stance which leads us to hope for an improvement in business

.

the N. Y. Board have been

Interest
Periods.

Jan.
31..

!

Feb.

Feb.
0

j 2.

O.

*11218t*xll1e

*11 lb
res. Q.-Mar.
4 4js, 1891".... ..ooup. Q.-Mar. *11211 "11238 *112*2
4b1907
reg. Q.-Jan. *12158 12158 121 34
Is, 1907
coup. Q.-Jan. *12158’ 12178 121b
3s, option U. 8
reg. Q.-Feb. *101b *101b 10158
*125
6b enr ’ey, ’95 --..reg. J. & J. *125 >*125
1*127 *127
reg. J. & J. *127
Obcur'cy, ’96
1*129
6-». cur’ey, ’97 ....reg. J. A J. *129
*129
*131
*131
Obour'ey, ’98
reg. J. & J. *131
1*132
*132
&■ J. *132
.rev*. J.
Gs.cur'ov. ’99

4‘flS, 1891

—

Feb.
4.

as

follows:

Feb.
5.

Feb.
6.

111b *11138 *11138
112bj

*11238 *112b>
*12134 122
1217s 122
*101b *102
*125
*125
*127
*127
*129
*129
*132
*131
*133
*133

*12178
during the coming spring. If merchants as a rule had been
122
weak, the pressure of the past eight months would have carried
*101
them under, and the time for failures would naturally have been
*125
*127
in the early part of the current year, when, nothing .essentially
*129
new turning up to help those who
had just tided over the year
*132
*134
1884, they would have collapsed. The conclusion seems to be
well founded that the mercantile community has been generally
This is tlie price bid at tlie morning board; no sale was made.
State and Railroad Bonds.—State bonds have again been
sound, and in this we liave a hopeful element, as they will be able
to take advantage of the earliest signs of returning prosperity.
quite active, the sales including $4,000 Alabama, Class A, at
The railroad earnings for the month of December show some
88-8Gb; $1,000 Georgia 7s gold, at 112£; $15,000 North
remarkably good comparisons with December, 1883, which was Carolina consol 4s, at 82|—83; $11,000 Tennessee Cs old, at
indeed a bad month.
But the economy in operating -expenses 44; $25,000 Tennessee compromise, at 50^—50J; $1,000 Mis¬
on several roads was quite notable; thus the statements of Erie
souri Gs, 1887, at 1044; $1,000 do., 1888, at 105; $1,000 do.,
and Louisville & Nashville, given this week, and New York & 1889, at 108.
New England last week, show a striking gain in net earnings,
The principal feature in the railroad bond market during the
when the gross earnings were but little larger, or, as in the case past week was the decided activity and weakness in Erie 2d
of Erie, were much below those of December, 1883.
With consols, which declined on Thursday to 51| regular and 50£
December we reached a period when the exhibit of rail¬ seller sixty, but re-acted to-day and closed at 53f, the same as
road earnings wjis likely to begin to make a better showing in last Friday.
The first consolidated gold 7s were also attacked,
comparison with corresponding months of the previous year, and sold down on what appeared to be entirely false rumors of a
and during the current six months the gross earnings ought default in the March interest.
The general market for bonds
to be better than in 1884 ; net earnings should also be better,
lias been strong and tending upward, though the changes to
but a quarreling over rates may defeat this.
It is yet too early record arc not important. West Shore 5s close at 34|, the
to have any reports of net earnings for January, but if the re¬ same as last Friday; Erie consol,
gold 7s, at 113f, against 117^;
duction in operating expenses reported in December is a fair Houston & Texas Central 1st, main line; at 90£, against 89; do.
sample of what we may expect in succeeding months, it is a 2d,c main line, at 73, against 68; New Jersey Central lsts, 1890,
most encouraging symptom.
at 109, coupon olT, against 112; Denver & Rio Grande West¬
The stock market has shown some decided advances this ern lsts, at 39, against 37^; Missouri Kansas & Texas consol.
week, although it is evident that these were mostly in those 7s, at 100, against 102;-; Louisville & Nashville trust bonds at
stocks that received a. special support from pools or from their 75, against 72£.
particular friends and protectors. The unsettled condition of
Railroad and Miscellaneous Stocks.—The stock market
the trunk lines remains as the most troublesome point yet to be lias
been generally strong during tlie past week, but without
gotten rid of, and that difficulty once removed, the whole stock any great activity, except in a few leading shares. There has
situation ought to brighten up.
At the time of writing, the been no marked buoyancy, still, a better feeling has recently
trunk line presidents are just in session, and the result of their been
apparent in Stock Exchange circles, and there have been
meeting is not yet known.
some favorable circumstances to assist this
improved tone. The
Rates for call loans during the week on stock and bond col- uncertain and overstrained situation
among the trunk lines
terals have ranged at |@1^ per cent and to-day at 1@,\\ per remains the worst feature.
cent.
Prime commercial paper is quoted at 4@5 per cent.
The market opened on Saturday rather weak, with Lacka¬
,i The Bank of England weekly statement on Thursday showed wanna and St. Paul the leading features; but since then, except
again in specie of £302,020, and the percentage of reserve to for occasional re-actions, the tone has been strong, with Lacka¬
liabilities was 4G|, against 45b last week; the discount rate wanna and the Gould stocks
leading*the advance.
remains at 4 per cent.
The Bank of France gained 2,100,000
In regard to the affairs of the coal companies there is
nothing
francs in gold and 2,088,000 francs in silver.
new to report, and the activity and strength of
Lackawanna,
The New York Clearing House banks, in their statement of
which is attributed largely to the operations oh a new pool,
Jan. 31, showed an increase in surplus reserve of $1,757,950, have not
always been followed by like.features in the other coal
the total surplus being $53,870,975, against
$52,113,025 the shares. Jersey Central was adversely affected by the buying of
previous week.
the coupons of the first mortgage bonds instead of paying them
The following table shows the
changes from the previous in cash, but latterly the stock has advanced sharply under a
week and a comparison with the two
preceding years in the revival of rumors that the Baltimore & Ohio is seeking control
averages of the New York Clearing House banks.
and has obtained a large block of tlie stock; also with reports
of a large short interest in Philadelphia.
1885.
1884.
Differ'nces fr'm
1883.
Jan. .31
Previous Week.
Feb. 2.
Feb. 3.
Among the favorable features of the week is the report of
very
heavy business for the trunk lines cast from Chicago,
Loans anddis. $293,746,700 Dc?. $570,300 $338,844,400 $316,460 800
which is making itself felt, in increased earnings, and has kept
101,732.000 tnc. 1,322,700
6 L,095,20 J
73,96 L.300
Specie
Circulation...
11,235,300 [no.
10,300
14,601,0 >0
1H,045.200
up rates near to the scale prices.
Net deposits..
593.100 355,071,300 307.182,200
352,343.300 Inc.
Union Pacific was riot unfavorably affected by the decision of
40,224, a -»0 Tnc.
Legal tenders.
83,6 )0
34.104,900
23,030,400
..

*

....

.

*

the

Court

of

Claims in

its

with

the

Government, the
being generally construed as good for the company in
settling its controversy with the Government on a fair basis.
Surplus
$53,870,975 tnc .$1,757,950 $19,298,375
$7,840,050
Western Union was also strong, attributed mainly to specula¬
Exchange.—The market for sterling exchange has not been tive covering.
active, but rates have been well maintained, the posted rates
On the other hand, the stock and bonds of the Erie com¬
having been temporarily advanced ^c. by some drawers on Mon¬ pany have been exceptionally weak, the break of tlie second
day. A scarcity of commercial bills is still reported, and this consols on Thursday demoralizing for a time the whole market.
in part accounts for the firmness of the market in the absence
Rumors have been afloat that an assessment would be levied on
of active demand.
the stock to pay oif the floating debt, although President King
j^jTo-day the rates on actual business were as follows, viz.: has denied that there is any such plan. Another story is that
Bankers’60 days’ sterling, 4 83b@4 83^; demand, 4 86I®4 87.
parties formerly connected with Erie are hostile to the new man¬
Cables, 4
87£.
Commercial bills were 4 81^@4 81|. agement, and have been making bear attacks on the stock and
Continental bills were : Francs, 5 21£-@5 22£ and 5 19f@ bonds.
5 20; reichmarks, 94^@94£ and 95@95^;
guilders, 40 and 40.L
To-day the market was irregular, opening strong on the
The following were the rates of domestic
exchange on New leading stocks, then re-acting considerably from the beat
York at the under-mentioned cities to-day : Savannah,
buying prices, and finally advancing sharply and closing strong at the
b discount, selling £ discount @ par; Charleston, buying par highest figures of the da^
Legal

reserve

Reserve held.




$88,085,825

Inc. $148,350
141,956,800 tnc. 1,901,300

$88,767,825

108,066.200

$76,795,550
8 1,635,600

decision

case

NEW YORK STOCK

EXCHANGE PRICES FOR WEEK ENDING FEB. 6, AND SINCE JAN. 1, 1885.
AND

HIGHEST
STOCKS.

173

CHRONICLE

THE

7, 1885. ]

February

2.

Feb.

Jau. 31.

Wednesday,

Tuesday,
Feb. 3.

Monday

Saturday,

Sales of
the Week

PRICES.

LOWEST
Feb.

4.

Friday,

Thursday,
Feb.

(Shares).

6.

Feb.

5.

KA1 l.UOA I)S.
-

prof..
Burlington Ceil. Rapids & No..

Boston it N Y. Air-Line,

......

Canadian Pacific
Canada Southern

37 %

29*4

29*4

1st prof—
2d pref.. . .

Chicago Burlington it Quincy.
Chicago Milwaukee & St. Paul
Do
pref.
Chicago it Northwestern ....
”

w

prof

Do

Chicago Bock Island it Pacific
Chicago St. Louis & Pittsburg.
Do
pref.
Chicago St. Paul Minn. & Oni.
Do
pref.
Cleveland Col. Cin. it Indianap.

29;*b

*9

12

37%

33%
27%

32*4
2734

3334
28*2

*5 %
*10
*6

6
11 %
8

*5 *2

G
12
8

*934
*oa4

90%

90%

38

65
38

*60

38

37%

38

30

-30

30

*29%

30%

57
38
30

*9*4
3334

12
31*4

*9*4

12

*9*4

12

33

34*2

28*8

29*8

28%

29*4

33%
28%

3534
29

6

6

*5%

^*2

G ^3

*0a4
*5a4

*9a4
*534

12
8

131

131*4 131%

131

102
89
*125
108

104
103
89 *8 90*8

102a4
89a4

103%
89%

126
*125%
10S
108*4 108*2 108%
7a4
*7
8*4
16% 16:*h *15a4
25
25
253s
25
25
86*2
85% 86 %
86*4 86*4
34
32*2
*32
32
32

32%

Delaware Lackawanna <t West.
Denver & Rio Grande

87%
*8

8l4

East Tennessee Va. <t Ga
Do
pref.
■RvAnsvillft it. Terre IT ante

*3
*5

3j4
5%

88 7s

883g
778

90 %

3*8

'■'3*4

8*4

*5

5*2

*234

3*4

90%
8-%

92*2

*17

TTmistmi .t Tevnn Gen trill

122 a4

122% 122%

Lake Shore

61
3

61
3

Memphis A*. (charleston

13

61*4

62

23

23 3g

23%

17*4

18

70%

707h

71

71*4

*94

*9334

'

55

jiref..

Do

*1034

*26

*26
14 78

15*8
15*8
9434 95%
9434
*7
Ohio
7%
7%
Mobile it
118
*115
*117
120
Morris it Essex
*34
35
35
35a4
Nashv.Chattanooga it St. Louis
87 as 87 7s
8034 87 *2
New York Central it Hudson..
4 %
5*2
*4*2
4%
New' York Chic, it St. Louis
9
8
8
*7 a4
Do
pref.

1434

...

New York Lack, it Western
New York Lake Erie it West’ll
...

preD

Do

New York it Now England
New' York New Ilaven it Hart.
New York Ontario it Western.
New York Susq. it Western ...

85

85

12 a4

86
1 1 *4

86

12ks
14

14%

lla4

15 ;*8

21 %
15*4
37'y
1 '*8

15*8
36%
1*4

pref

Ohio Central

9*.i

10 3.1

Oregon it Trans-Continental...

*

Peoria Decatur it Evansville..

3

3*4
5%
40

*2%

3*4

12*2

12*2

12%

12 34

61*2

62%

23kj
18*2
71*4

243a
18%
72

*27*2

29*2

*95
55

55

3*4

*24/

*17

1 24

11%

12

12

13

*1034

12

*26

30

14%

15%

95%

95%

*7

9

118

118

12%
*12*4
62%
*65%
24
19
72

12%
13
63
67
24*4
19

72%

*27%

29%

Richm’d it West P’nt Terminal
Rochester it Pittsburg

16

37*4
*1 *4
17*4

37 78
1 *2
17sw

12*8
.

12*4
...

15%

16

2

33

6%

120

12
8

131% 131%
119% 120%
73

46,459
11,615

73 a4 !

33%

33

92*4 -93%
8
8%

3%
*5*4
*36

*2%

120%
73%
105*4

92%
127
109a4
8

16%
26%
87%
33%

7,433
351,555
2,637
141,712
2,431
3,714
650
112

2,235
1,893
550
135
100

92%

94%

7 %

7%

526,095
2,110

*3%
5*4
39%
*2%

3%

1,305

5%
39%
3%

500
100

29*4

Jan. 12 129
Jan.
5 90%
4
65
Feb.
17
Jan.
44%
31
32
Jan.

31% Jan. 26
26 % Jan. 31
7
5% Jan.
9% Jan. 28
20
5% Jan.

3%
5%
40

3%

Jan.

2% Jan.
4% Jan.
37 % J an.
3
Jan.

190% Jan.
*17

*17

24

12%
*12%
6134
67
24

18*4
72*8
*27%
*96

24

12434 12434

20
84

12%
13*4

12*4

12*4

12%

62%

60%
67%
23%

12%
62%
09*4

67 *4

24*4
18*4
73%

18 %
73

29%

24
18 %
73*8

Jan.

2,825 119% Jan.
820
500

99,807
1,230
7,885
910

10,807

29%
*97%

31

2,800

*55

58

180

124

19
*2%

3

11*4 11*4
*27% 30
27% 28
15*4 15*4
15% 15%
15% 15*2
9;>% 90%
9534 96
95% 9534
*8
9
y%
y%
*7*4
*115
120
*115
120
118
118
*11
*26

36

36

36

8734
*4 *2
*7a4

88%
434

89
5

11%

89'4
5 *4
9
S6 '2
12%;

21

15*4

*85

86

8%
86

12*4

12%;

21

23

23

16

15%

1534

8

ISO

......

10 a4

ISO

10%

10%

10%

.

10*i

*35

87%
5
8
*85

11*2

20

37

*35

37

88%
5
8
87

87%
*
4 %

88%
5%

*7%

9

*85

87

11%

12%

250
50

1,800
51,38 L
815

2,630
582

43,310

15%

3,865

212

15%

*10%

......

35
610

*

5

5

*20
16

22

3734
L *4

*20

22

*20
16
38

16>4
38%
1 *4

15%

15%

38
1%

38 %

l *2

1%

17%

*1734

15%

17a4
9a4
15*4

0a4
15*4
12%
13
16%

12%
13

12*8

12%

13

13

15%

16%

12*4
*12%
16
123

124

20
3

6,915
4,440

12%

*22

20

15% 15%
180% 180%
*10%
1%
2
*4%
5*4

100
201

123

9%

15%
123

200

22
16

100

16*4
37%
1%

Jan.

11% Jan.
9 a4 J an.
59% Jan.
62
22

Jan.
Jan.

.11% Jan.
65

Jan.

Minnoap. it Manitoba

*17
*33 *2
81 *4

13
82

Texas it Pacific
Union Pacific

Virginia Midland
Wabash St. Louis it Pacific
Do
pref.
MIS< ELI,ANEOUS.
American Tel. it Cable Co

*83*4

83.*4

1134
1834

12*8
49'<4

*4

-

*45
*19

*2%

48

47%

48

20

20

3

2

20
8

19
35 *2
81 *4

*17

35%
80%

38%

1%
18
9:*4

Fob.

4

Jan.

3

50
39

Jan. 14

3
3

6% Jan. 14
Jail. 10
Jail. 15

Colorado Coal it Iron
Delaware it Hudson Canal

Oregon Improvement Co
Oregon Railway it Nav. Co

Pacific Mail....”
Pullman Palace Car Co

53*2

11 a. To«

1 1 1.* Ton

31

90
54

Jail.
Jan.

2
5

Feb.

3

29
12
12

4
7
14
14
3

Jan.

%

0

121
37

11434 Jan.
33

7
84% Jam 19
4 '4 J an.
2
7% Jan. 3
Jan.

2
0
11 *4 Fell.
Feb.
5
20
12
Jan. 17
2
175
Jan.
10 % Jan. 29
1% Jan. 12

84% Jan.

u

4% Jan. 27
21
15

9%

375

IKL .run

12%

4,080

2,310

8% Feb.

5

89*4 Feb.

3'

5%.Tan.

8|

Jan. 17 j
Jan. 141

9
88

83

94 %

14% Jan.

0

11%

28%

30
16

8i
3

20

Jan.
Feb.

180% Feb. 5
12% Jan.
6
2*4 Jail. 28
5

Feb.

3

23

Jan.

7

17*4 Jan.
40%.Tan.
134Jan.

6
3
2

19
10
16

Jan

14‘

Jan

Hi
15

Jan!

20

19
3

69%

'62

9*8
71

25

61*2
54

54*8

12%
54

54

54

54

63
54 *8

63*2
54

9%
7L%
25
01%
54 %

112*2 112*2 xl 10%110%

68*3

*3
*25 *2

6
25 a4

-25%

5%
33

58*2

5934

59%

60%

,

*3

135
*90
*50
*105

135
92
54
109

9*4
70%

*20
64

9%
71%

16%

600

*2%

20

705

3

425

18
*35

18
38

*80%

82

100
105
250

26
64

%
60%

6 %

34
61*8

7534

7

64%
54%
*3

‘25%
61

HI

Jan.

234 Jan.
Jan.

18

Feb

28
19
2
26
2
2
0

35% Jan. 30
80**> Feb.

3

7

2 *-> Jan. 17

Jan!

14

3% Jan.

2
2

21

17
21

Jan.

% Jam 12

20%.Tan
39a4 Jam

2
8
87% Jam 10

...

04%
55%
111
6

33

61%

*

*3
9*4
71%

......

04

15
54
7

9%
72%

......

64

54% 55%
110*8 HO %
*3

*25%
61

Jam 14

76%

89*4 Jam 20
13% Jam 2
50% Jam 14

90 %

100
805
380

436

51

Jau. 27
Jan. 10
8
3
Jan.
66% Jan. 22

54% Jam

*132

90%
*x49
109

1,960
90,777

9

1.2(H)

12,365
250

21

Jan.

59a4 Jan.
53% Jau.
1,314 107% Jau.

6
30

136

91
52
109

146,009
115
262
120
131

16

Feb.

4

5% Jam

7

14

4

Jam 12

Jam

5%
28
15
4
9

27

57%
4

%

25%
1134

Jan. 30
2

Jan.

87% Jan.
48

Jan.

104% Jan.

32 34
90
99
93

22%
84%
1934
32

49

61%

8

1

127 34

7

Jam 10

67

17%
114

17%

122% 170
3 26% Jan. 23
8% 65%
60 a4 112
29 73
Jam 10
31
57%
30 56% Jan. 23
2,112% Feb. 2 90 117
6%
3%

53% Jau.
130

50
96
29 %
50

9

10% Jam 27
74

16%
24

21

10

2,445
17,125

33

61%

1%
14
18
70
11%
24 %
70
15
05

87

7534
1 *4

pref

1%

*1

1%

110

."
135

*120

*120

*70
...

137

10*2

30

Jam 30

61% Fob.

2 135

5

Jan. 28

Jam 13
81 93
2! 52% Jam 10
2 110

78
147
Jam 29 147
1 *4
1*4 Feb. 5
8 50
50
Jau.
74

122

135

Jan. 16

20
49
125
87
45
98

‘

34

78*a
137
102
61%
115

prices hid and asked; m sale was made ac the

*16

20

*5

8

Board.

10

Feb.
Jau.

Jan.

i*40

Jan.

Jan. 19 116

Jan.

Jan. 30

80 34
152
2
5
50
8
145
19% 24
130
22 115
90
45
146%
3 138
11
9
122%
19 121
23
18
11
8
31
10
5
29
14
264
264

Jan.
8
Jam 29

Jan. 22 130

40 136% Jan. 29

100

10*2

Jail. 28

85

137

Pennsylvania Coal




9%
72

*11%

8

2
Jan. 24
31
11% Jan.
45% Jan. 2
15
Jan. 10
4
3
Feb.
12% J an. 23

110

the

42

119% 135

89

10

Warren Railroad

are

13

136
134% 134% *132
90*4 91
91*4 91*41
51
52
51 % 52
|
*106
110
107
108

it. Tnd.Ccnfr’l

*120

These

12*4
49%

*4

4%
54

54*2 55%
110% 110% *110
*4
*25

12%
48%

....

*3

......

l
1 4 5.,

79**4 .Tam

1,950
*88

54

’9%
71

37%

6

18*4
12%

5
G1
32

16
4
13

53

16%

1%
4 %
10
17
14

2%
32
12

16
4
13

53

184

175
7

16%

*15%

16ag
123

*

*11%

71

17%

8

84%
17%
60%

49%

12*4

10%
2034

7

49

12*2

4

7*4

5
2

50*4

12*2

127
58
83% 122

Jan.
71 115
30
Jan. 23

Jan.
12%.Jan. 22 14
19
.Tan.
15 *8 Jail. 21
9,400
40 123
4 125% Jau.
Feb.

49%

4%

9% 23%
63% 100
6*4 13%

13

17

....

18%
36%

13

1

12%

4

16
44

13

12%

4

7%
17

94%

,

Danbury it Norwalk

Mississippi

5134

35
79
24
40
105

24

12*4

5

*3%
*8%
7034

’

Chicago it. Alton prof

Ohio <t

10

78*4
51%

834

0

11% Jan. 23

300
300

19
3

17% Jail. 12
96% Feb. 6

20*4
1934

6*4

12*4

49%

9

9*8
70

INACTIVE STOCKS.

Columbus Chic

62

i n

2

14%

59% 10434

23
85

6

.1 ail.

82

2

85*4

50*4

136
*133
*134
135
91
91
91 %!
j 91
53
*50ks
' *50*2 63
108
108
*106
108

Wells, Fargo it Co

6%

6

12%.Tan.

133*8
25%

8%

OQ

28

69%
141
33

200
51
140
86

G4*<2

Jan. 16
14% Jan. 22
90% Jan. 2
7 *8 Jan.
7

38*8

185
20
110
70
9

5

10% Jan. 26

35
100

51

22%

25

149%

126%
13*4

8*4

434

6
2
22

14

94*4
119
124

30

2
28
14

9334 Jau. 30
61

52
3

17

140%
127%

14% Jail.

84%
*89

12*4
50

7

|

EXPRESS.
Adams
American
United States

9%

12a4

84%

12

*4

5

Do

57%

30
5

12
90
67 a4
15
28

12*4

84%

12*8

49U

Quicksilver Mining Co

prof
Western Union Telegraph

57%

37%

9 %

18

85

„

60*2
5334

58*4

24%

131% Feb.

61
Feb
15
"3% Jan.'
23
5% Jan.
Jan.
10 40
6
3%.Tan.
20 192
Jan.
22 30
Jan.
17 124% Feb.
16 86% Jan.
19
12% Jan.
7 13% Jan.
19
63% Jan.
2
69*4 Feb.
16 26% Jan.
6
19% Jan.
15 73*8 Feb.

500

1,865
26,356
4 00

35*2
81

84%
*89
12

*12*2
53*2
*3%
9*8
68

135
90
80

80%

St- Paul it. Dnlntfi
St. Paul

126

3

40% .Tan.
35*4 Jan.
11
8

High

Feb.

27% Jan. 15

20% Jan.

82

2

Jan. 29
Jan. 17
36% Jan. 29
1*4 Jan. 16
10
7
9
Jail.

16*4
38%
1%

1U1IU IlilUlU

*17

Jan. 17

Low.

6%
5 118
115% Jan. 2 120*4 Feb. 6 107
O
76 *8 Jan. 12
58%
70% Jan.
Jan. 14
102
Jail. 28 107
95%
81%
84% Jan. 2 92% Feb. 5
Feb.
5 117
11934 Jan. <> 127
0
105
Jau.
109% Feb. 4 100*4
6
7*4 Jan. 2
8% Jan. 16
16%
15
Jan. 17
17% Jan. 24
Jan. 15
24 % J an. 19 27
21%
80 a4
82*4 Jan. 2 87 % Feb. 5
28
31
16
Jan.
33% Feb. 6
31
125%
33 u
Jau. 27
14% .Idn. 9 20
82% Jan. 22 94 % Feb. 6 86 34
Jan. 15
6%
7% Feb. 0 10
128

60

2

*2 a4

523

404

57

57

35

15*2

......

......

12
8

124% 124% 124% 124%

9*4

1534

Philadelphia it Heading
Pittsburg Ft. Wayne it Chic...

1578

16

16

OL

"l 0 a4

10%

21 <2

DU JUUllIfJ AitUll

8

......

Northern Pacific
Do

12*2

.....

1(1%

28%
6%
*10
*6

1,550

3834
30%
12
38%
28%

128
90
57
37

Highest.

31

94

Missouri Pacillc

*10
*6

*29%
*9*4
34 %

180
19

Lowest.

10

*10%

Missouri Kansas & Texas

92%

8

*36

40

.*2%

*31

Minneapolis & St. Louis

......

91%

*5*4

5%

*17

24

61 %
67
23%

55

8
131%
119%
7334
105

60

123*4 123*4 124*4

12

*65%
Louisville it Nashville
LouisyilleNew Albany & Cliic.
Manhattan Elevated, consol.. .

*12

12

12
12
60 34

Bloomingt'n it West’ll

T^ike Grie Ar. Western

......

834

*36

Illinois Central

11%

38

134 L 134 *0
20
20

134

134

131%
119%
72a4
104%
90%

*t)

......

......

119%
72%
105*8 105% 104-%
104
91% 92% |
91%
9134
90%
126%
126*4 126% 127
1263b 126
109*4
109*4 109% 109% 109*4 109%
8
8
8
8
734
?a4
15% 15% *15% 16% *15'%
16 34
26
26%
26
26%
26*4
25%
87 38
87% 87%
87
87*2
86%

117% 117% 118*4 118% 11834 120
71% 73%
71*4 72*4
70% 71a4

w

Indiana

90 a4

......

37*2
29;*a

26 k!

32%

Central of New Jersey
Central Pacific
Do
Do

37

90%

For Full
Y'ear 1884.

Range Since Jan. 1,1885.

10% Jam

62
142
1
50

174

THE
RAILROAD
Latest

Roads.

EARNINGS.

Earnings Reporle d.

Week or Mo

CHRONICLE.

1885.

Jan. 1 to Latest Bale

1884.

1885.

[Vol. XL.

New York City Banks.—The following statement shows the
condition of the Associated Banks of New York City for
the
week ending January 31, 1885:

1884.

Average Amount of—
Bost. H. T. & W.
Bur.Ced.R.&No.
Canadian Pacific
Central Iowa
...

Chesap. & Oliio.
Eliz.Lex.&B.S.
Ches. O.&S.W..

Chicago & Alton
Chic.& East. III.
Chic. Mil. &St.P.
Chic. & Northw.
Ch.8t.P.Min.&0.
Chic. & W. Mich.

Cin.Ind.St.L.&C.
Cin. N. O. & T. P.
Cln.Waeh.&Balt.
Clev. Akron* Col
Denver & Rio Gr.
Des Mo. & Ft. D.

3d wk Jan.
3d wk Jan.
4tli wk Jan
3d wk Jan.
3d wk Jau.
3d wk Jan.
3d wk Jan.
4tli wk Jan
4tli wk Jau
4tli wk Jan
4th wk Jan
4th wk Jau
3d wk Jan.
3d wk Jau.
1st wk Jan
3d wk Jan.
3d wk Jan
3d wk Jan
3d wk Jan.
4th wk Jau

6,812

43,497
134,090

15,765
60,354

11.395
22,905
161,159

Det.Lans’g* No.
Dub.&SiouxCity January...

Evansv. & T. H. 3d wk Jau.
Flint & P. Marn. 3d wk Jau.
Flor.R’way & N. 3d wk Jan.
Grand Trunk... Wk.Jan.24
Gr.BayW.&St.P. 4th wk Jau
HI.Cent. (III.)... January...
Do
(Iowa) January...
Ind. Blooin.& W. 4th wk Jau
K.C. Ft.8.& Gulf 3d wk Jan.
Kan. C. Sp. & M. 3d wk Jan.
Kentucky Cent’l 3d wk Jan.
Lake Erie * W.. 3d wk Jan.
4th wk Jan
Long Island
Louisv.&Nashv. 4 th wk Jau
Mar.Hough.* O. 3d wk Jau.
Mexican Cent... 4rh wk Jau
Mil. L.Sli.&West. 4th wk Jau
Mobile & Ohio
January...
Norfolk & West. 4th wk Jan
Shenandoah V. 4th wk Jau

22,177
154,224
392,000

62.454
10,630

193,717

21,595
175,718

76,745

30,756

34,414

515,000
499,400
114.300
15,669
43,405
44,386
32,267

461,321
559,700
129,200

61.531
31,627

644,396
-

38,676

6,973
86.709

94,797

125,333

1,518,000

23,809
34,558
32,282
6,939

1,502,418
350,609
65,929
112,654

105,930

97,639

5,797

6,676

25,982

32,335

57,000
12,524

69,642
10,612
43,816
21,681

273,953
9.311

1,130,534
21,460

826,572
131,512
51,732
40,565
14,290
11,644
20,660
32,404
384,903

8S5.200
104,300

20,023
262,987
6,996

885,200

104.300
50,035
39,810
29.673

12,4L7

26,567
31,582
397,980

198,036
133,331
95,340
38,206

85,954
69,6 42

31,386
121,2 HO
64,770

1,072.109
30,109
826,572
131,512
199,685
114,986

39,909
34,932

1,039,317

4,386
71,006

318.800

23,550
207,640

179,228

57,218

21,175

273,793
18.705

57,574

2,998
109,000

i

34.558

78.154

150,434
1,165,735
8,440

23,575

15.956

136,42 4
261,000
79,237
188,971
31,826
67,189
666,641
125,424
1.467,095

1,498.100
334,700
49,539
131,176
44,386
21,371
270,480
17,043
6 •‘,783
57,000
38,017
94,833
67,526

30,491

..

6.311
53,901
70,000
30,155

135,611

11.558
199,976
69.705
179.228
213,020
56,25 4

72,605
207,640

Northern Pacific January...

10,768
556,092

Ohio Central.... 4th wk Jau

31,192

57,600
18,497
614,103
30,907

Ohio Southern
January...
Peoria Dec.*Ev. 3d wk Jan,
Koch. & Pittsb’g ith wk Jau

45,109

36,973

230,464
46.215
556,09 2
79,804
45,109

14,0.)8

13.991

41,467

40,567

21.395

22,000

Bt.L.Alton&T.H. 3d wk Jau.
Do
(brclis.) 3d wk Jau.

18,410

68,200

27,485

11,950

15,354

12.7801

13,8 45
120,185!

84,651
60,370
39,500
33.215
315,933

.

1th wk Jan
4th wk Jau
4th wk Jau

115,123
32,751

January...

466,1251

Tex.& St. Louis. 2d wk Jan.
Wisconsin Ceut’l 2 wks Jau.

17.829!

Bt.L. Ft. S.&W.
Bt.L.&San Fran.
Bfc.Paul* Dul’th
Bt.P.Min.& Man.

Latest

Roads.
Week

or

42.546

1884
$

73,985
42.159
34,905

449,307;

18,034!

79,860
466,125
35,025

44.622!

42,546

44,622

Earnings Reported.

Mi

614,103
87,260
36.973

319,926
71,49 4
4 49,307
36,068

23.8311

1883.
$

Banks.

Jan. 1 to Latest Date..

1884.

1383.

B

Atlantic & Pac. December.

Mechanics’
Union
America
Phenix

Tradesmen’s
Fulton
Chemical
Merchants’ Exch.
Gallatin National..
Butchers’* Drov..
Mechanics’ & Tr..
Greenwich
Leather Manuf’rs.
Seventh Ward....
State of N. Y
Americ’n Exch’ge.
Commerce

Broadway

Mercantile
Pacific

Republic
Chatham

Peoples’
North America
Hanover

Citizens’
Nassau
Market
St. Nicholas
Shoe* Leather..
Corn Exchange
Continental
Oriental

...

Importers’* Trad.
Pak
North River
East River
Fourth National..
Central National..
Second National..
Ninth National...
First National....
Third National
N. Y. Nat. Exch..

Eastern

E.Teun.Va.&Ga.
Ft.Wortli & Den.
Gal.Har.* 8.Au.
Gulf Col.&SanFe
Hous.E.*W.Tex
L.Rk.&Ft.Smitb
L.Rk.M.Riv.* T.
La. & Mo. River

Mempli. & Chari.
Mex.Nat., No Dd
Southern Div.
Other lines e..
Milwaukee* No
Minn. & St. LouieNash. Ch.& St.L.

•

4th wk Dec
December.
December.
December.
N.O.&Northeast December.

2,846!

248,970

39.185
171.644

39,025
1-15.918

197,512

209,999

93.154

56.932

510,031

1,828.830
2,358.082
532,92o

478,063
1,622,875
2,328.894
176,919

N.Y. <fe New Eng December.
239,050
215,422 3,246.972 3,627,257
N.Y.L.Erie«feW.f/ December. 1,262,720 1,462,925 16,541,810 20,491,901
N. Y. Pa. & O. December.
530,357 5,619,866 6,861,857
452,448
N.Y.Susq.&West December.
87,686
73.932 1,034,210 1,003,664
N. Y.Ont. & W.. December.
130,601
119,009
Northern Centr’l December.
409,152 5,52l’878 6,088,131
442,26"
Ohio* Miss
3 14,907
December.
361,022
90.7o0
Oregon* Cal... November.
114,174
Oregon Imp. Co. November.
305,057
384,247 3,143,398 3,707,529
Pennsylvania... December. 3,769,329 3,840,510 48,566 911:51.0-3,244
December.
Phila. & Erie
281.124
257,306 3,660.116! 4,108,913
Phila.* Read’gA December. 2,315,563 2,297.643 26,863,671130.3 10.199
...

C. & Iron December. 1,074,921 1,110.456 L6.460.972 L7,079.486
Richm,d*Danv. December.
366,710 334,640 3,873.724; 3,845,152
Ch. Col.& Aug.iDecember
83,096
77,914
776,746
828,901
Columbia&Gr. December.
82,590
65.570
688,901
737,897
Do

Georgia Pao.. December.
Va. Midland.
December.
.

West. No. Car. December.
Rome Wat.* Og. November.
Bt.Johnsi».*L.C. November.

Bonth Carolina December.
Bo.Pac.CaL.N D. October...
Do
Do
Do

So. Div.i.
Arizona.!.
N. Mex i.
Tol. A. A. & N.M.
Union Pao 1 tie..
Utah Central.
.

71,876;

115,614
37,2 46;
155,975
*14.089

58,883
118.443

1,5*90*099

33,784

440,122

151,461

23,289
128.868
131,195
164,141; 125,582
1320.823; 1343,274

1,686,192

382,037
1,541.501
258,836
1.233,291 1,326,96)
1.234,048 1,085.897
12,995.452 t3,4 >7,555

1,589.53-

254.467

October...
October...
168,138; 2 s 5.750 1,534.105 2.103.397
October...
75.671
68.992;
579,709
678,151
Dee -mber.
19 599
23,500!
239,415
201,124
December. 2,332,118> 2,322.392 25,791.19 «i 28,716,139
December.
76 3 20!
93,470
1,038,938 1,174.736

Vicksb’rg* Mer. December.

66,753
62,793
5o4,6u0
527,450
Vicksb.Sh.&Pao. Decern ber.
291,660
139. 00
55,550
20 357
Wab. St. L. & P. December. 1,443,38 til,518,287 16,696,381 16,9 >8,463
West Jersey
December.
83,1'0;
75,460 1.310,64- 1.227.654
d Corpus Ohnsti to Saltillo, 397 miles; up to May einoraoed only
236 miles, Laredo to Saltillo.
e Only
136 miles now. but prior
to May represented 297 miles.
g Not including earnings of Now York
Penn. * Ohio road.
h Not including Central New Jersey in either
t Included in Central Paoifie earnings above.
year prior to June 1.
*
-

Decrease

account of

blockade,
t Does not include Colorado Division in October in either year.




on

su«»w

992.500
12,842,000
6,552,000
2,111,000
4.569.400
17.933.800
3.958.100
1.115.400
1.922.100
1.875.400
2.703.600
2.934.700

.

N. Y. County
German-Americ’n.
Chase National...
Fifth Avenue
German Exch’nge.
Germania
United States
Lincoln
Gartleld
Fifth National....
B’k of the Metrop..

3.953.300

179,000
140.500
506,900
242.500
1.770.300
4,698,000

6,695,200
591.200
1.815.700

622.200
1.645.600
811,800
90,400
174.700
2.640.700
916.600
1,037,800
331.600
602,800
311.600
673,000
771.700

1.596.400
111.600

8.158.500
6,399,000
29,000
226,800
6.178.500
2,319,000
690,000
1.685.300
3,413,800
1.424.400
308,200
393.400
228.100
725.400

Circula¬
tion.

$

1,447,000;

12,870.000
545,000;
9,821.000
2,427,200, 8.785.200
907.000
7.752,000
401,200,
3.851.500
789,2001 11,376.800
182.400
2,103,000
2,058,000 16,881,700
80,500
1.772.200
197.400
1.736.100

1,043,290
271.800
162,090
192.300
375,700

187.100

618.400
1,755,000

292,500
588,400

1,764,000
870,000
918,600

194,000

2,315,300
1.174.500

514,000
35,900

”2,600

4,536,000
6.908.200

796.900
878,000
854,000

2.940.700
5.395.600
4.121.100
1.743.900

423,000
45,000
5,400

3.458.400

9,018,000

3*0*6*6*00

3,064,000

303,400

452.300
631.500
39i,40u

3.821.800
2.774.900
2.598.800

4*29*1*0*6

155.800
674,000

2,024,900
3,389,000
5,018,200

264.200

6*74,000

*86,800

5.527.900
1,9-’0.600

989*900

23,864,900
23,341,600
1,715,000
1,022,400
16,836,500

45,000

2*ii>*iod

8,734,000

210,000
297,000

2,822,000
5.966.800
18,128,100

661.200
279.600
2U6.500

441.900

4.915.800
1.214.900

179*400

449.800
263.900
432.900
286,3 )0

2.382.400
2.991.900
4,463,100
2.825.600
2.286.200
2.271.900

280,000
603.600

1,284.900

1,608,000
1.829.700

118,000
285.300

3,309,000

1,059,200

446.800

155,600

152.100
125.600

525.000

155.600

149.500

67,400

609.300
636.100
612,4)00

829,000
823.900
550,000
1,000,400
1,875.000
286,000
242.300
1,361,400
1,310,000

189,000
898.500

444,100

1.100

.

245,800

4,240,000

184.900

301.300

328,500

13,066,000
17,471,000

2,590,700
683.500
497.200
169.400
515.100
975.100

766.300

450,000

19,384,300
2.756.500
3,4 30,000

845.400
438.400

1.471.500

1.400.600
1,039,100
1.101.100
2.802.400

45,000
45,000

2,029,500
'

4,018,700
1.719.900
916,000

1.158.700
4,095,700

220.200
180,000

45*,6*0*6
180,000
43,300
175,500

132,000

93,746,700 101732000 40,2 24,800 352,343,300 11,285,300

following

1885.

891.600

2.388.800

Total

The

1,035,200
2.699.700
12,341,000
17,004,000
5.712.100
6.376.700
2.491.600
5,016,800
3,117,900
1.605.300
3.174.800
7.648.800
2,334,000
2.603.100
1,971,200
2.680.700
2.171.500
2,726,000
5.153.800
3.762.700
1,784,000
17,798.400
16,718.600

1,481,000

...

130,000|

.

...

Irving

Bowery

2,634,000

2,529,000
367,000
7.156.500 10,027,500
366.100
2,036,800
945,400 1.276.700
11,505,900 6.761.600
173.000
2.895.300
4.821.300 1,051,600
503.600
1.487.400
694.000
802.500
2.780.800

other

than U. S.

$

2,792,000
3,185.000
1,779,000

4.286.400
10.558.800

City

*

December. 4.645.000:1,81 8.458 22.143,545 2 4,744.420
November. 2,233.891 2,562,773 23.423,313 23,939,450
November.
370.079 3,457,653 3,996,240
319,708
November.
13,527
17,378
197,93 7
191,952
December.
97,444
67,902
October...
323.097
339.178 3,020*977 3,079*,967
December.
374,945 3,993,622 4,144,275
376,803
December.
25,684
32,490
459,647
388.123
November.
278,701 2,619,439 3,276.880
299,159
December.
144,588
195,623 1.764.835 2,124,440
October...
37.428
23,830
213,316
266,337
November.
80,557
70,052
512,558
490,314
November
50,133
43,353
313,445
361,326
September
70,001
70,665
501,382
494,436
182.343
December
150,749
4th wk Dec
55
14,132i
5,651
4th wk Dee
2 4,35ti i
772,39

....

$

11,7)2,000
8.469,000
6,585,000
6,975,000

Net Deposits

Legal
Tenders.

Specie.

$
New York
Manhattan Co
Merchants’

Ala.Gt.Sonthern December
147,375
108,995 1,155.136 1,071.829
Atch. T.& S.Fe
December. 1,282,739 1,312,739 16,339,540 15,9 )9,410
CentralPacitie..
Chic. Burl. * Q.
Clev.Ool.C.& Ind
Danbury & Nor.
Denv. * R. G. W.

Loans and
Discounts.

are

totals for several weeks past:

Loans.

Specie.

\L. Tenders.

$

$

$

Deposits.
$

Oct. 11 290,613,009
“
18 291.705.400
“
25 291,683,409
Nov. 1 291,724,100
“
8 290.287.900
“
15 291.5.50.400
22 288.539.700
“
29 285.514.600
Doc. 3 ,288,044,800

77.902.200 32,728,100
77,344,800; 33,046,200
78,39 2,800' 32.723.200
7 7,430,100 32.838.700
80.106,800 33.289.700
82,35 4,600 36,4 59,100
84.370.500 37.347.400
85.273.200 38.150.300
86.494.600 38.270.400
13 290.225.900 86,042,600 38.948.400
29 294,3 42,400 86.852.200 37.695.200
Doc 27 295,874,200 88.170.500 36.592.300

496,582,476
5 LH, 575,214
605,195.931

458,532.568
477,210,695
527,541,755

335,-87,400 11.711.600 555,711,509
325.825.300 11,643,400 459,294.007
329,870,200 11*, 587,200 586,370,418
330,954,000 11.642.600 558.994,372
335,4 43,100 11,686,300 553,051,647

"

**

“

$

314,068,000 12.893.800
311.901,000 12.761.800
315,732,600 12,920,000
315,989.400 12,985,390
317,081,100 12,800,200
325,356,700 12,241,500

“

1885.
Jan. 3 297.887.700 87,887,800
10 296.153.600 95,177,000
“
17 295,337,81)0 98.485.600
“
24 294,317,000 99,909,300
"
31 293.746.700 101732000

!Circulation Agg. Glear’gs

335.272.100 11.616.600 408,361,823

37,356,900
39.779.200
41,094,700
40.141.200
40,224,800

340.816.300 11.398.800 520,508,478
349,2 47,300 11,262.600 516,152,177
353.726.100 11,311.600 524,875,451
351,749,900 11,275,000 469,540,258
352,343,300 11,285,300 421,422,799

Boston Banks.—Following are the totals of the Boston banks:
Loans.

1885.

Specie.

$

“

10

“

142,066,500

13 1)44,935,900
“
20 145,140,000
D’c.27 .145,421,200
1885.
Jau. 3 T45,724,800
“
10 146,288,900
“
17 146,863,800
"
24 146,818,000
“
31 146,067.800
"

$

$

91.597.600
92,830,300
94.844.500
98.813.600
7,160,900; 6,432,900, 99.788.500
7,259.100; 6,517,200 99,106,80 i
7,326,800! 7,163,300 93,711,900
7,456,000 0,841.400 j 99,830,200

6 144,453,200

D*C.

$

Circulation Agg. Clear'gs

4,581,100!
6,744,000! 5,047,600
7.101.500 5,789,300!
7.298.500 5,850,900:

17 1142,544,800
22 143,129,000
29 143.352.600

“

Deposits.

6,7^1,100

Oet.20 110.740.600
“
27 141.113.600
N’v. 3 140,753,100
“

L. Tenders.

23.809.500
23.735.500
23.782.400

23,560.000
23,564,200
23.435.500
23.137.800

23,020,8 m

7.547,800! 6,055,400; 101.081,600 23,0b6,400
7,425,900. 0,017,400

99,077,000 23,098,900
99,008,700 23.114.400

7.596.200

6,174,900!

7,847,GOO!

6,423.200; 100,659,600
6,457.5001101,251,500
6,499,600 102,896,900
6,204,200 LO 1,395,200
5,346,800; 93.851.900

8,022,300!
8,23 4,700
8.515.200
(7,330.5001

23,271,600
23,16 i,3'M)
23,095,500
23,051,200
22,870,100

$

6.5,308,685
63,931,707
58,811,468
68,639,9)6

62,930,956
67,080,531
54,078,492
74,423.562
71,926,013
69,019,827

53,985,754
70,094,062
69,231,590
69,619,080
64,271,530
55,195,627

Philadelphia Banks.—The totals of the Philadelphia banks
follows:

are as

1885.

J

<*

Nov.
“
< (

a
n

Dec.
((

U

Dec.

((

4 i

it

Deposits.*
$
63,876.3 46

$

$

20,725,703
21,144,375

63,976,763

3

73,835,950

10
17
22
29
6
13
20
27

73,454,475
73,322,857
73,041,072
72,602,524

22,357,140
22,659,888
22,391,740

70,163,441
69,321,065
70,209,74 4
70,161,659
71,261,577
70.562,335
70,910,190
70,853,973

20....
27

1885.
Jan.
3
<«

\ Lawful Money.

74,463,194
74,180,007

.

Oct,

Loans.

10
17
24
31

73,OlH,417

73,203,638
73,233,103
72,353,958

22,711,752

23,849,500
23,363,299
23,339,942
23,485,3 0
23,411,133

72,927,921
73,013,654
72,546.283
72,425,359

21,723,819
26,225,804
26,539,294

72,431,244

26,895,857

2 >,653,905

‘ Circulation. log. Clear'qs
$

$

8,034,475
8,044,823
8,059,943

49,107,638
43.567,857
39,828,337

7,95 4,869
7,914,515
7,919,2 41

44,014,967

7,921,455
7,902,593

7,877,257

42.414,609

7,89 2,314

49,362,350
33,956,649

70,449,816

7,852,255

73,581,005

7,312,3 15
7,834,993

73,715,331

73,514.862
73,368,599
73,873,238

Including the item "due to other bankg.”

37,740,784
46,180,735
35,363,249
52.146,792

7,824,435

7,821,782
7,748,678

47.678,782
44,438,297
46.600,219
43.382,427
36,684,060

February 7,

175

THE CHRONICLE

1885. J
GENERAL

QUOTATIONS

STOCKS AND BONDS.

OF

Quotations in New York represent the per cent value, whatever the par may l>e; other quotations are frequently made per share.
The following abbreviations are often used, viz : “ M.,” for mortgage; “g.,” for gold; “ g’d,” for guaranteed; “ end.,” for endorsed;
for consolidated; “conv.,” for convertible ; “a. f.,” for sinking fund; ‘‘1. g..” for laud grant.
’

Quotations in New York are to

Thursday; from other cities, to late mail dates.

Subscribers xvill confer a favor
Bid.

United States Bonds.

UNITE® STATES BONDS
*iflS, 1891
reg.. Q—M
4*38,1891
coup.. Q—M
4s, 1907
reg... Q—.1
4s, 1907
coup.. .Q—.1
reg..Q— F.
3s, option U. S
6s, Currency, 1895
reg—J&J
6s, Currency, 1896
reg—J&J
reg
J&J
6S, Currency, 1897

6s, Currency, 1898
68, Currency, 1899

reg—J&J
reg
J&J

121-8 122

12178 122
102
125
127
129
132
133

J&J
6s, 10-20, 1900
Arkansas—6s, funded, 1899 ..J&J
7s, L. R. & Ft. S. issue, 1900. A & O
7s, Memphis & L.R., 1899..A & O
7s, L. R.P.B.&N.O., 1900.. A & O
7s,Miss. O. & R. Riv.,1900.. A & O
7s, Ark. Central RR., 1900. A & O
7s, Levee of 1871,1900
J &J
California—68, civil bonds, ’93-95.*
Connecticut—6s, 1885
5s, 1897
M & N
New, reg., 3*3S, 1904
J&J
Delaware—6s
J&J^
Dist. Col.—Cons. 3-65s,1924, cp.F&A
Consol. 3-65s, 1924, reg
Funding 5s, 1899
J&J I
Perm. imp. 6s, guar., 1891...J&Jt
Perm. imp. 7s, 1891
J&Jt
Wash.—Fund.loan(Cong.)6s,g.,’92t

83

6s, Pitts.& Connellsv. RR.,’86 J&J
6s, consol., 1890
Q—J 110*4
68, Balt. & O. loan, 1890
Q—J 110*4
6s, Park, 1890
Q—M

3

12

18
15

23

M& 8
6s, bounty, 1893
do
exempt, 1893... M & 8
68,
15
21
5s, water, 1894
J&J
8
4*3
6s, 1900
J&J
7
6s, West. Md. RR., 1902 .... J&J
6s, Valloy RR., 1886
A & O
101
5s, 1916
M&N
103
J&J
4s, 1920
100
105
Bangor, Me.—6s. RR.,1890-’94.Var.l
6s, water, 1905
J&JI
ii3*e 114
6s, E.& N.A. Railroad, 1894..J&Ji
113*8 114
6s. B. & Piscataquis RR.,’99. A&O I
112*4
Varl
112
113*4 Bath, Me.—68,railroad aid
5s, 1897, municipal
117*3 118*4
Belfast, Me.—6s,railroad aid, ’98.. I
112*3

io

.

..

.

.......

Maryland—68, exempt, 1887...J&J
6s, Hospital, 1887-91
J&J
6s, 1890
Q—J
5s, 1890
Q—J
J&J
3-65s, 1897
Massachusetts—5s, gold,’91-94 A&O
5s, gold, 1894.1897
;...Var.1

M&N

Michigan—7s, 1890

1890
Water, 1891
Water, 1899
111
113
Park, 192 4
L02
108
Park, 1915
Bridge, 1902
74*3
Bridge, 1920
64*3 €6
Kings Co., 1888
52
57
Kings Co., 1886
101*3 102*3
Var.t
1 LI
111*4 Butialo, N. Y.—7s,1895
7s, water, long
Var.t
115
6s, Park, 1926
M&SI
114
Cambridge, Mass.—5s, 1889...A&OI
106
6s, 1894-96. water loan
J&JI
109
6s, 1904, city bonds
J&J *
106
Charleston, S.C.—6s,st’lc,’76-98..Q-J
112
113*3
7s, lireloau bonds, 1890....J & J
114
116
7s, non-tax bonds
112
.

105
Minnesota—New 4*33,1912 ..J&J 103
Missouri—68, 1886
....J & J, 101*3
Funding bonds, 1894-95
J & Jill J
Long bonds, ’89-90
J & J| 107*3

AsylumorUniversity, 1892.J & J|H9

Hannibal & St. Jo., 1886....J & JH6
do
do
1887....J & J!L16
110
New Hampshire—5s, 1892
J & JjlOS
116
War loan, 6s, 1892-1894
J&J I 114
War loan, 6s, 1901-1905
J & Jl30*3 132
New Jersey—6s, 1897-1902....J&J*

J&J*

6s, exempt, 1896

New York—68, gold, reg., ’87...J&J 106*3
6s, gold, coup.* 1887
J & J 106*3
«s gold, 1891
J & J 113

115
117
No.Carolina—6s, old, 1886-’98..J&J 30
6s, N C. RR., 1883-5
J & J H 165
do
6s,
A & O If 165
68
do
7 coupons off
J&J 135
do
7 coupons off ....A&O 135
6s
6s, funding act of 1866 1900 J&J 10
•
do
6s, 1868,1893A&0 10
бб, new bonds, 1892-8
J&J 18
68
do
A&O; 18

A&O
A&O

ба, gold, 1892
68, gold, 1893

6s, Chatham RR
A&O
6s, special tax, class 1,1898-9A&U
6s,
do
class 2
A&O
6s,
do
W’n N. C. RR.A&O
Wil. C. &R.. A&O
6s,
do
4s, new, cons., 1910
J & J

2*3

3
3
3
3
83
A&O 109

6s, 1919

J & J 105*3

Ohio6s, 1886
Penna.—5s,new. reg., ’92-1902.F&A 115

F&A

4s, leg., 1894-1904

F&A
Rhode Tsl’d—6s, 1893-9, coup..J&J 112
South Carolina—6s, Act of March )
2*3
23,1869. Non-fuudahle, 1888.. >
4s,

reg.,

1912

106

Brown consols

43*4
Tennessee—6s, unfunded
Compromise bonds, 3-4-5-6s, 1912 50
54*3
Settlement,3s
Texas—6s, 1892
M&St 110
7s, gold, 1892-1910
M&Si 120
7s, gold, 1904
J&JI 123
Vermont—6s, 1890
J & I)
Virginia—6s, old, 1886-’95....J & J 33
6s, new bonds, 1886-1895...J & J 38
6s, consol., 1905
J & J 50
J&J 39
6s, consols, 1905. ex-coup
6s, consol., 2d series
J&J 50
4*g
6s, deferred bonus
Tax-receivable coups., from cons’Is 35
...

Do

from 10-40s.

J&J

Funding bonds, 3s, 1932
CITY

SECURITIES.

Albany, N. Y.—6s, long.... Various I
7s long

Price nominal; no late




r

52%
52%

Louisville, Ky.—7s,longdates.Var.l 110
78, short dates
Var.l 103

106
105
101

48, non-taxable

Var.l

6s, short
5s, 1890-1900

100
101
102

8s

Lynn, Mass.—6s, 1887
Water loan, 6s, 1894-96

110

120
104

111

58,

M&NI 112

114

J&J I
J&JI
J&J

115

115

102*3 103
102

105*3 106

109
103
112

105
100
115
123
103

Chicago, 111.-78,1892-99
6s, 1895
4*38, 1900
3-65s, 1902
Cook Co. 7s, 1892
Cook Co. 5s, 1899
Cook Co. 4*38, 1900
West Chicago 5s, 1890
Lincoln Park 7s, 1895
West Park 7s, 1890
South Park 6s, 1899
Cincinnati, O.—6s, 1885
6s, 1897,..,..
7-30s, 1902

118

131
7s, 1896
136
7s, 1901
Newton—6s, 1905, water loan..J&J 129
5s, 1905, water loan
J&J 117*3

Norfolk,Va.—6s,reg.stk,’78-85. .J&J 100
8s, coup., 1890-93
Var. 115
M&N 127
8s, water, 1901
Norwich, Ct.—5s, 1907
A&OI

J.&J
I
1

7s, 1905

Vai

J&J

J&J

8s

88, special tax

115
101
120
115
109
102
100
118
118

118
...

6s, gold, reg
Var.
78, water, reg.&ep.,’93-’98.,.A&0.
7s, street imp., reg, ’83-86
Var.
103
Portland, Me.—6s, Man., 1895. Var.l
105*3
M&S
6s, railroad aid, 1907
no
Portsmouth, N.H.—6s,’93,RR. J&J I

L15
115*2
106*4 107
104*3 105*3

129
101
128*3 129
118*3 119
118*2 119
107
110
100

8s, 1886-1909
5s, 1914-15

106
120
t 101
Hartford Town 4*33, untax
Haverhill, Mass.—6s, 1889... A&OI 106
35
Houston, Tex.—10s
35
6s, funded
Indianapolis,Ind.—7-30s,’93-9, J&J1 111
Jersey City—6s, water, long, 1895.. 101
7s, water, 1899-1902
J&J 111
7s, improvement, 1891-’94—Var. 105
J&J 102
7s, Bergen, long
Hudson County, 6s, 1905
J& J 112
Hudson County 7s, 1894
JacD 110
Bayonne City, 7s, long
J&J 102
Lawrence, Mass.—6s, 1894...A& OI 117

6s, 1900
A&O
Long Island City, N.Y—Water.7s,*95

transactions, t Purchaser also pays accrued nterest.

6s, 1892
5s, long
5s, 10-20

117

gold, 1905
Currency, 7s, 1887-’88

St.L. Co.—6s,
107
115
100

|
I

108
40
40

102
114
106
105
113
ill
103
118
125*3 127
101
90

* Iu London.

Minn.—6s, long
78, long

St. Paul,

8s. 1889-96
Salem, Mass.—6s, long, W.
5s, 1904, W. L

44
44
44
44
125
no

113
105
91
109
122

119
133
140
130
118

128

120

122*
120
110
103

131*a

ioo”
107
117
124
••••••

112*3 115
120*4 120*3
113*3 114
117
125
101

132
105
103
132

Var.
..J & Jt
’89-99,RR..F&A 100*4 100%
80
76
St. Joseph, Mo.—Comp’mise 4s, 1901
St. Louis, Mo.—7s, 1885
F&A 100
6s, short
Var. 103 104
7s, water, 1903
Rockland, Me.—6s,

San

Var.

109*3 110

Var.
A&O

102*3 104
117
120

Var.

Var..
Var.

L.A&OI.
J&J t
Francisco—7s, school
Var.

6s, gold, long

funded 5s. consols
Somerville, Mass.—5s, 1895.. A&O I

Savannah

6s, 1885

110*3 112*3
111
103

J&J
....J&J

Rochester, N.Y.—6s

13
13

105
110
98
114
117
40
40
40
40
123
106

116
118
100

Poughkeepsie. N. Y.—7s, water
1
Providence, R.I.—5s, g.,1900-5. J&J t 115
6s, gold, 1900, water loan...J & J 124
bs. i885
M & 81 100*3
Richmond. Va.—6s, 1884-1914.J&J 112*3

..M&NI
M&NI
I 126*3

4*3 Dallas, Texas—8s, 1904
10s, 1893-96.
4*2
Water, 6s. 1900
85
Detroit, Mich.—7s, long
Var.t
110
7s, water, long
Var.t
Elizabeth, N. J.—7s, short
78, funded, 1880-1905
Var.
A&O
7s, consol., 1885-98
7s, 1905
Fall River, Mass.—6s, 1904...F& Al
5s, 1894, gold
F&A I
5s, 1909....
F&At
110
Fitchburg, Mass.—6s. ’91,W.L. .J&Jt
45
Galveston, Tex.—8s, 1893-1909 M&S
50*2
5s, 1920
J&D
55
Hartford, Ct.—City 6s, var. dates..*
Capitol, untax, 6s
t

52

129*3 I30*a

Philadelphia, Pa.—6s, old, reg. J&J
6s, new, reg., due 1895 & over. J&J
4s, now
Var’s yrs. 110
10458 105*a Pittsburg, Pa.—4s, coup., 1913.J&J. 99
98
99*3
5s, reg. and coup., 1913
J&J. 106

4*3

•••••

105
112
115
120
129
115
90

6s, 190 L
7s, 1890

119
116
127
140
144
135
144
111
104

109
80

Cleveland,O.—4-5-6-78,1885-94Var. I
7s, 1887-98
Var.
48 to 7s, 1884-93
Var.
5-6-7s, 1893-1907
Var.
Columbus, Ga.—78
Var. 100
115
Covington. Ky.—7-30s, long
5
103
short
7-30s,
4*3
Water Works

-

'102

Orange, N. J.—7s, long
Oswego, N. Y.—7s, 1887-8-9
105
Paterson, N. J.—7s, long
116*3 118
6s, long
129
129*3
5s, long
80
4*2S, long
55
Petersburg, Va.—6s

102
104
109
103

75

70

new

125
110
104

116
109

100*4
117
125
104

104
110
115
Newark—6s, long
Var.l
118
7s, long
Var.l
122
7s, water, long
Var.l
130
New Bedford,Mass.—6s, 1909. A&OI
117
5s, 1900, Water Loan
A.&O
100
N. Brunswick, N. J.—7s, various.. J
91
6s
I
89
Now Orleans, La.—Premium bonds. 87
102
Consolidated 6s, 1892
Var. 98
114*3 115
Newport—Water bonds 7-30s
126
124
New York City—5s, 1908
107
106
6s, 1887
123
124
6s, 1896

111*2 113
119*3 120
112*3 114

126

105

104

101*3 101% Nashville, Tenn.—6s, short
125*3 126
6s, long

135
140
133
140

104*3

J&J 118*4 119*4

Memphis, Tenu.—
Taxing Dist. of Shelby Co., Tenn. 70
Milwaukee, Wis.—5s, 1891...J & Dl 97
7s, 1896-1901
Var.t 108
7s, water, 1902
J&JI 113
Mobile, Ala.—3-4-5s, funded..M&N 48
Montgomery, Ala.—New 3s ..J&J 55

111
112

;127

116
114

113

'... J & J 125
F&AI 103

5s, 1905
Macon, Ga.—7s
Manchester, N.H.—5s, 1885
6s, 1894
6s, 1902
4s, 1911

114

114

Ask.

102
M&N
Lowell, Mass.—6s, 1890, W. L.M&Nl 112*3 112%
J & J 106
Lynchburg, Va.—6s.

100

Chelsea, Mass.—6s, ’97, water l.F&At 118*3:121

4s
J&Jt
Southern RR. 7-30s. 1906...J&Jt
do
6s, g., 1906
M&NI
Cur. 6s, 1909....F&At
do
do
Skg. fd. 5s, 1910M&N t

6
37
53
53

104
Var.l 100

6s, long

Boston,Mass.—6s,cur,long,1905Varl 128*4 129
6s, currency, 1894
Var. 117*3 118
5s, gold, long
Var.l 117*3:118*2
4*28, 1908
A&O 112 |114
48, currency, long
J&J 105% 106*3
Brooklyn, N.Y.—
7s,
6s,
6s,
6s,
78,
7s,
7s,
78,
6s,

Bid.

City Securities.

Baltimore.—

110
100

Baby bonds, 3s, 1836
F&A
Maine—4s,= 1888
F&A
War debts assumed, 6s,’89.A& 01

115

Austin, Texas—10s

126

A & O
i...J&J

106
107
106

Ask.

Augusta, Me.—6s, 1S87, mun..F&At 103*3 104
Augusta, Ga—7s
Various LOO

126*3

Louisiana—New con. 7s, 1914..J&J
Ex matured coudou

Allegheny, Pa.—5s,ep., ’83-97.. Var. 100
4 4>8, coup., 3 883-1901
Var. 100
4s, coup., 1901
.*.
Var. 100
j Allegheny Co., 5s, cp., 191c.J&J§> 100
99
1
4s, riot loan, 5-1 Os
1
99
do
10-20s
48,
I
100
5s,
5-10s.
do
101
5s,
do
10-20s
Do.
8s
Waterworks

106

120%
1902 Varl 120%
117*3

Q—J

Bid.

Atlanta, Ga.—7s

102% 101
102% 104

7s, endorsed, 1886
7s, gold bonds, 1890
8s, *76, ’86
Kansas—7s, long

by giving notice of any error discovered in tliese Quotations.
City Securities.

Ask.

lll^b Ill
112*3 112%

STATE SECURITIES.
Alabama—Class “A,” 3 to 5, 1906... 87
102
Class “B,” 5s, 1906
84*3
Class “ C,” 4s, 1906

Fund, loan (Leg.)6s, g.,
Market stock, 7s, 1«92
Water stock, 7s, 1901
do
7s, 1903

“ oons.,’

J&Jt

Springfield, Mass.—6s, 1905..A&OI
7s, 1903, water loan
A&OI

106

104
106
112
105
123
115
112

107*3

126
117

101*3 103
87
111

90

111*3

100*3 101
128
134

130
136

Toledo, O.—7-30s, RR., 1900.M & NI
8s, 1913
Var. I
Var.l
8s, 1893 to ’99

Washington, D.C.—See Dist. of Col.
100
Wilmington, N.C.—6s
8s, gold, cou. on
! 108
Worcester, Mass.—6s, 1892...A&Ot 1114
5s, 1905
A&O 115
4s, 1905..,
A&O 103*3

105
112
115
118
105

RAILROAD BONDS.
(Bonds of companies consolidated
will be

found under the consoli¬

dated name.)
Ala. Gt. Southern—1st mort.,

108
1908! 105
Vlb’y & Susq.—1st M., 7s, ’88... J&Ji 107%
2d mortgage, 7s, 1885
A&O 104*4
Consol, mort.,7s, 1906,guar..A&O 124*«
112%
Consol, mort., 6s, 1906. guar. A&O

§ Part being redeemed. H Coupons on stnoo

69.

176

THE
GENERAL
For

Railroad Bonds.

QUOTATIONS

CHRONICLE,

OF

STOCKS

AND

fVoL. XL.

BONDS—Continued.

Explanations See Notes at Head of First Pa?e
Bid.

Ask.

Bid.

Railroad Bonds.

of

Quotations,

Ask.

Railroad Bonds.

Bid.

Ask.
-

A-llegh. Val.—Gen. M.,73-10s..J&J 116*2
East, exten. M., 7s, 1910
A&O {125
15
Income, 7s. end., 1894
A&O
A.tcb.Toi>.&S.Fe—1st,7s,g.,’99. J&J 1122
Land grant, 7s, g., 1902
A&O 1126%

117*2 Ches.O.& S.W.—M. 5-6s, 1911.F&A
69
127
(Cheshire—6s,1896-98
J&J 1103*2 109
16
Chic. & Alton—1st M., 7s, ’93.. J&J 118
122*2
117
Sterling mort., 6s, g., 1903..J&J 1115
121
B(ls. Kan. C. line,6s,g.,1903.M&N 117% 126

Sinking fond, 6s, 19L1
J&D 104*2 105
Guaranteed 7s, 1909
J&J&A&O 1 115*4 116
5s, 1909 (1st morf.)
A&O 1101*2 102
87*4
5s, plain bonds, 1920
..M&S 197
4 %js. 1920
A&O 189*4 89*4
Florence & El Bor’do, lst.7a. A&O 1106*2 107
123*2
K.C.Topeka&W., 1st M.,7s,g.J&J 1123

Miss.Riv.Bridge, lst.,e.f.,6s, 1912
Louis’a & Mo. R. ,1 st, 7s,1900F & A
do
'
2d, 7s{ 1900 M&N

.

do
income 7sVA&0
N.Mex. &So.Pac.,1 st,7s, 1909 A&O
Pleas’t Hill & DeSoto, lst,7s,1907
Pueblo & Ark.V., 1st, 78, g.,1903.
Sonora, 1st, 7s. 1910, guar.. J&J

Incomes. 1910

Central Division, old, 6s
do
new 6b
Baltimore & Ohio -6s, 1885..A&O

Sterling, 5s, 1927

J&I)
M&S

Sterling; 6s, 1895

119*4 1
108
120

97*4

16*2

Sterlingmort., 6s, g., 1902..M&S
do
6s, g., 1910. M&N
Parkersburg Br., 68, 1919
A&O
Balt. & Pot’c—1st, 6s, g., 1911. J&.J
1st, tunnel, 6e, g., g’d, 1911. A&O 1116

118

116

117

Bell’s Gap—let, 7s,

i'893

J&J
1st, 68, 1905
F&A
Consol. 68,1913
A&O
Belvidere Del.—1st, 6s, c.,1902. J&I)
2d mort., 6s, 1885
M&S
3d mort 6e, 1887
F&A
.

Boston &

Albany—17s, 1892...F&A

6s, 1895

J&J

Bost. Ccnc.& Mon.—S.F., 6s,’89. J&J

Consol. mort., 7s, 1893

A&O

.

Boston & Lowell—7s, ’92
A&O
6s, 1896
7
J&J
New 5s, 1899
J&J
Boston & Maine—7s. 1893-94. J&J
Bost. & Providence—17s, 1893.J&J
Bost.&Revere B’h—lst,6s,’97. J&J
Bradford Bord. <& K.
1st, 6s, I 93l2

m....

tll8
118*4
1116*4 116%
107
1106
1121*2 123
1122*2 123

112*4

Bradf.Eld.A Cuba—1st 6s 1932J&J

Bklyn Bath&C.I.— lst,6s,1912.F&A
Brooklyn Elevated—Bonds
Butt. Brad.& P.—Gen.M.7s,’96.J&J
Bufl.N. Y.&Erie—1st. 7s. 1916. J&D

Bult.N.Y.&Phil.—1st, 6s,g.,’21. J&J
2d mortgage, 7s, g., 1908...Q—M

40

100
122

105

{55

57

Gen. M., 6s, 19 4
M&S
Buff.Pittsb.& West.—6s,1921 A&O
Pitts. Titusv.& B.—7s, 1 S96F&A
Oil Creek, 1st M., 6s, 1912. A&O
Union & Titusv., 1st, 7s,’90.J&J
Warren & Fr’kln,lst,78,’96F&A
Bufl, & South west — 6s, 1908..J.&J
60
Bur. C. R.& N.—lst.5.s,new,’06.J&1; 101
Coup.lst &eol. tr., 5s, 1934.. A&O
90*2
C. Rap.I.F.& N.,1st,6a.1920. A&O
rio
1 st, 5h, 1921
A&<»
alifor. Pac.—lat M.,7s, g.,’87. J&J 1100
2d M„ 6s, g.,end C. Pac., ’89.J&J 1100
3d M. (guar. C. P.), 6s, 1905.J&J
90
do
do
3s. 1905. J&J
California So.—1st, 6s, 1922...J&J
27
Camden & Atl.—1st, 7s, g.,’93..J&J
2d mort., 6s, 1904
A&O
Cons, ( s, 1911
J&J
Cam.& Bur. Co.—1 st M., Os,’97.F&A
Canada So.—1st M.,guar., 1908,J&J
96
2d mort., 5s, 1913.
M&S
67*2
Carolina Cent.—1st ,6s,g.,1920. J&J 101 *
2d, ino.. 6s. 1915
A&O
80
Catawissa- Mort.. 7s, 1900.. .F&A
Cedar F. & Min.—1st, 7s, 1907. J&J
112
Cedar R. & Mo.—1st, 7s, ’91. ..F&A 1.108
......

.

....

•

Dubuque Div., 1st, 6s, 1*20. I&J
Wis. Val. Div., 1st, 6s, 1920 J&J
Chic.&Northw.—S.f,,lst,7s,’85F&A
Consol, mort., 7s, 1915
Q—F
Exten. mort., 7s, 1885
F&A
1st mort., 7s, 1885
F&A
Consol., gold, 7s, cp., 1902..J&D

......

......

......

48
100
105

91*4

do

do

J&D

reg

113*4

Cumber]. Val.—1 st

121

TTavtfm Ar TVTie.li

......

Ill

125

113

Des M. & Ft.
1st




m

-m

....

...

110%

110*2
94
95

10(47 T.tr T
LUO / .tJ
«J

1 at 7a
L15L1) (

Dub & Dak—isfcM

39

39*2

Dunk. A. V.& P.—1 st,7s,g..l900J&D
East Penn.—1st
E.Tenn. Va.& Ga.—1st, 7s,1900 J &J
1st mort., consol., 5s, 1930 ..J&J

M.~,7s,’1888..M&S

129

128*2

......

......

......

•

•

•

..

1

..

-

—

.

,

......

.

t Purchaser also pays accrued interest.

-

50

...

105

§105

ii-L
47

46*2
11%

12

§90

.

100
loo

50

,

tfli-r
JLil
l/it

Pitv .«r

v^lL^y 06 It vlL

a IT

»

0*1.

•

Jah

tlvUi

1st mort., 6s, 1920
E izab. I.ex.& Big 8.—6s.

j

6j

A .Ct(1

vfltXVOuV.*

!.. .M&S
85

1902.M&S
Eimira&W’in.spt—1st Us, 1910.J&
5s, perpetual

-

......

......

40

Eastern, Mass.—6s, g.,1900. .M&- 1U7*€ 11738
Sterling debs., (>s, <r 190(5 !\f,Vv- {112
114

Erie & Pit-tab.—2d, now’ 1st
Cons, mort,, 7s, 1898

......

......

tl 1 QSU 1 ^O

Div..’9l!j&J ii5*‘

E Tenn & Va. end. 6s, 1886 M&N
Ala. Cent., 1st, 6s, 19LS
J&J

•

82
70
52
120
117
117

1919 J&J

6s

City—1st,2d

135*4

,

-

,fr 1*1
ViipH.
U1 111*
LVj

Income, 6s, 1931
Divisional, 5s, 1930
J&.l
E, Tenn. &. (4a-, * st, 6s,’83-86,.I&.1

.

Price nominal; no lute transactions.

r.

J J*

Dub.&S.

...

*

84
47*8
20

Income, 1921
*9

93
94
92

Equipment. 7s, 1900
Mr.

Vernon—1st, 6s

86

113
100
105
L10
103
100

A&<
I&J

...J&.
A&C

Evansv. & C’rawf.—1st, 7s, ’87. J&J
Evans & T H 1st eon. 68 19‘M J&J

......

...

46
13*2

60
48
118

D.—1st, 6s, 1905. J&.J

Det. Mack.& M.-lst. 6s,1921.A&0
Land grant, 3*2S, 1911

113

.

.

not

UG

......

......

122
112

Con. M., 5% till’84, after 6%.. 1913 {115

97 io

-

......

1100*2 101

Det.&B.C.lst,8s,en.M.C.1902M&N
119*2 Det.G. Haven&Mil.—Equip.6s, 1918 {115

......

......

.T&.T

5a

ine., 6s, 1905

iio^

101;78

......

M.,8s,l 904. A&O

Pnimnl

117%
118*2 Denv.&R. G.W.-lst, 6s, 1911.M&S
Denv.S. P.& Pac.—1 st,7s,1905 M&N

......

......

106*2

98%.

Del.& Bound B’k—1st, 7s,1905F&A
Del Lack & W
Conv 7s 1892 J&D
Mort. 7s. 1907.
M&S
Den.& Rio G.—1st, 7s, g., 1900.M&N
1st consol, mort., 7s, 1910
I&J

do
do

......

68
1107 ’
1100
1106
tioo
104

106
2d. A&O tl03
110
Dayt. & West.—1st M.,6s, 1905.J&J 1109
1st mort., 7s, 1905
..J&J tll8*2 119*s

101

127

95
67

3d mort., 7s, 1888, now

Sinking fund, 6s, 1929 .....A&O
r

123

...

108*4 108*2
100
100*4

ibi

99*a

99
Gol, & Xonia—1st M 7s 13*10 i\f &s 1107
117*2 Conu. & Passump.—M., 7s, ’93.A&O 1117*2 118
107*2
Massawippi, g., 6s, gold, ’89 J&J 1
86*4 jConn. Val.—Ist iVf., 5s, 1922
17
17*2
115
Conn. West.—1st M., 7s, 1900. J&J
12
30
124
Connecting (Phila.)--1st, 6s ..M&S 117*2 118
111*2 flunsnl 1?R nt1 Vt; 1 af. 5a 101*4 T.tT
63*2 64
111
Cumberland & Penn.—1st mort
102*2
129
2d mort
103

111*2 112*2!
5s, 1929
A&O
95*4 96 "I
debent., 5s,1933.M&N
25-vrs. deb. 5u, 19 9.
94*8 94*a!
M&N
Escan.&L Sup., 1st, 6s. 1901.J&J
1
lies M.& Miuu’s, lst,7s,1907.F».VA
30
Iowa Mid., 1st AT., 8s, 4900. A&O
Peninsula, 1st, conv.,7s,’98.M&S 120
122
123
Chic. & Mil., 1st M., 7s, ’98..J&J
110
Mil. & Mad., 1st, 6s, 1905..M.&S
Madison Ext., 1st, 7s, 1911 A&0;tL23% 121*2
Menominee Ext..1st.7s. 1911 J&D t LJ3*d 121*2
90*2
L25 *2
Northwest.Un., 1st, 7s, 1.917.M&S 1124
101 *4
Winona &St.Pet—1st',7s,’87. J&J
105*2 105%
85
2d M„ 7s, 1907.M&N 123
do
125
120
Ott. C. F. & St. P., 5s, 1909..M&S
101*2
116
Chic. R.I.&Pac.—6s, 1917,coup. J & J 127*2 128
110
6s. 1917, reg
128
J&J
1st mort., 7s, 1916
M&N 1123% 124
Exten. & col. 5s, 1934
108
I&J 106
Cent. Br. U. Pac.. lsts,0s,’95.M&N
96
Cliie.&S. W..lst,7s,guar.,’99.M&N 1121*2
Fund, coupon 7s, 1895
MAN
o
Chic.St.L.&Pitt.—1st,5s, 1932 A&O
Atch.& Pike’s P’k, 1st, 6s, g. M&N
96
Chic. & Gt. East., 1st, 7s, 93-’95.
90
Atch.Col.&Pac.,lst,0s,19o50.—F
Col.& rnd. C., 1st M.,7s, 190l.J&J 1112
do
2d M.7s, 1904.M&N 105
Atch.J.Co.&\V.,lst,0s,1905.Q,—F 84
Cent, of Ga.—lst.cons., 78,’93Vl&J mo
Un.& Logansp.,lst,7s, 1905. A&O 1111
Certificates of indebtedness, 6s..
97
91
Cin. & Chic. A. L., 1886-’90
Cent. Iowa—New 1st., 7s ’99.J&J
Chie.St.P.Min.&Om.—Con. 6s, 1930 1 11*2 112
§91
Ine. bonds,“ debt certs.”, 7s,A&O
Ch.St.P.& Minn. 1st ,6s, 1913M&N 117
Eastern Div., 1st, Os. 1912..A&O
58
50
North Wise., 1st 6s. 1930
J&J
j
Ills. Div., lsfe. Os, 1912
A&O
St. Paul&S.City, 1st 6s, 1919.A&O 117
j
Cem’l of N. J.—1st M,7s, 1890,F&A §109%
Chic. & Tomali.—Scrip, 1905
119
{117
|
1
96
7s, conv, 1902. assented
95
M&N
Cbie.& W. lud.—S.fd. 6s, 1919 M&N lo5
Consol. M..7s, 1899, assented.Q—J §95
100
General mot t, 6s, 1932
i‘0’2 I
Q—M 100
103
Adjustment bonds. 7s, 1903M&N 102
Cin. Ham. &Dayt.—Consoles A&O 1101
102
j
Conv. deben. 6s, 1908
68
M&N
Consol, mort., 7s, 1905
A&O *118*2 119*tl
Income bonds, 1908
do
M&N
6s, 1905.
'. A&O 1109 110
Am. Dk.& Imp. Co., 5s,1921.J&J
81
80
Cin. H. & I., 1st M„ 7s, 1903.J&J 1108
110
Leli.& Wilkesb.Coal,inc.,’88,M&N
50
Cin. & Eastern—1st, 7s, 1S9G J&J
52
60
Consol., 7s,gold, 1900,ass’d.O-M
88*2
87
2d mort., 7s, 1900
26
Cent. Ohio—1st M.. 6s, 1890..M&S
3
Consol., gold. 6s, 1912
Cent, Pac.—1st, 6s, gold,’93-98. J&J 109% 110*4 Cin. I. St. L. & Chic.—Con. 6s, 1920 1100
ioo*2
8. Joaquin, 1st M.,6s, g,1900.A&0 101
Oin.& Indiana, 1st M.,7s.’92.J&Djt 105
106
Cal. & Oregon, 1st, 6s, g.,’88.J&J
97
Cin. & 1ml 2d M.. 7s,’82-87.J&J it 103
105
do
series B, 6s, ih92
110
1108
Indianapolis C. & L., 7s of ’97
Cal.&Or. C.P.bonds,6s,g.,’92 J&J {99
100
106
Ind’apolis & Cin., 1st, 7s,’88.A&O 1103
Land grant M„ 6s, g., 1890.A&O 101*4
Cin. Laf.&Ch.—1st, 7s,g., 1901.M&S 1108 *2 110
West. Paeif., 1st, 6s, g., ’99. .J&J 106
109
iCin. Northern.—1st, 6s, gold, 1920,
35
t25
Charl’te Col.& A.—Cons.,7s,’95. J&J 106
L07
iCin. Rich. & Chic.—1st, 7s, ’95. J&J 1108
no
2d mort., 7s, 1910
'Cin. Rich. & F. W.—1st, 7s, g. J&D 1108
J&J
93
110
Cheraw &Darl.—1st M„8sf’88.A&G 109
Cin. Sand’ky & Cl.—6s, 1900..F&A 1 102*4 L02*2
2d mort., 7s
100
M&S 1 102
7s, 1887 extended
102*4
Ches. & Ohio—Pur. money I'd..1998 109
Consol, mort., 7s, 1890
J&D 1102*2 103 ‘
Series A, 1908
L04 *2 Cin.&Sp.—7s, C.C.C.& I., 1901.A&O 1110
A&O
111
6s, gold, ser.B.int.def. 1908. M&N
73
70
7s, guar., L.8.& M.S., 1901
4&.0
23*2 Cin. Washington & Balt.—
6s,currency, int, def.. 1919..J&J 22
6s. 1 “1 1
A ,60
90
i 1 sf. M srnar.
1031 M&V
97% 98*2
108

12

......

.

......

27*o

-

......

Conv. 8s,’94 sor.J&J t
Bur.&Mo.(Neb.),lst,6s,1918. J&J *117
do
Cons, 6s, non-ex..J&J 1107
do
4s, (Neb.), 1910... J&J 18-5%
do
Neb.RR,ist,7s,’96A&0 1113
do
Om.& S.W.,l8t,8s,J&D 1123
Ill Grand Tr., 1st, 8s. ’90 .A&O 114*4
Dixon Peo.& H., lstT8s,i889. J&J 1109%
Ott. Osw. & Fox R., 8s, 1900. J&J 1126
Quincy& Wars’w, 1st, 8s, ’90. J&J 1113
•Ct.e.h’n &, Neb.—1st, 7s,1907 M&S 1120*2
16
Chic. & Can. So.—1st, 7s, 1902 A&C
Cliic. & East Ill.—1st mort. 6s, 1907 104*2
Income bonds, 1907
Chic. & Gr. Trunk—1st mort., 1900
Chic.& Mich.L.Sh.—1st, 8s,’89.M&S f 109
Chic. Mil. & St. Paul—
P. du C. Div., 1st, 8s, 1898. F&A 128
P. D., 2(1 M., 7 3-iOs, 1898..F&A 118
St. P. & Chic!, 7s, g., 1902.... J&J 1120
La. C., 1st M., 7s, 1893 ...
J&J 1L7
I. & M., 1st M„ 7s, 1897
J&J 113
Pa. & Dak., 1st M., 7s, 1899. J&J 117
Hast. & Dak., 1st M.,7s, 1910.J&J 117*2
Chic. & Mil., 1st M., 7s, 1903.J&J 124
1st mort., consol., 7s, 1905. .J&J 119
1st M., T. & D. Ext., 7s, 190SJ&J 118
110
lot. AT ’ 'Ao T,r» C. Ar nn.v 1 Q 1 0 J.V.T
97
So. Minn. 1st 6s. 1910
J&J 109
Chic. & Pac. Div. 6s, 1910 ...J&J 1 12*2
do
West. Div., 5s,1921. J&J
93%
Mineral Pt. Div., 5s, 1910
J&J
Chic. & L. Sup. Div., 3s, 1921 J&.J
97*2
93 5&
Wis. & Minn. Div., 5s, 1921... J&.T
Tenuinla 5s, 1914
J&J

......

1112

,

do

119*2
103*4
105*2
1119*4 ii9*2
1 11 8^8 1185&
i 103*4 103*2
1112*2 114

Bost. Hart.& E.—1st, 7s, 1900. J&J
1st mort., 7s, guar
J&J

...

973» 97*2
M&N
5s, debenture, 1913
Col.&Hock.V.—lstM.,7s,’97. A&O
do
2d M 7s, 1892 J&J
5s, 1919, Iowa Div
A&O 100
94
Col. & Toledo—1st mort. bonds
48,1919,
do
A&O
91*4
do
2d mort
4s, Denver Div., 1922
F&A
85
T89
4s, plain bonds, 1921
M&S
Ohio&W.Va., lst,s.f.,7s,1910M&N
Bur. & Mo. R., I’d M., 7s,’93.A&0 1116% 117
Col. S pri ugf. & C.—1 st, 7s, 1901. M &S

76
66
102*2 103
106
;i04
jin 113
1116 118
120
1118
115
119
{117

58

27*4

......

.

......

74

57*2

Income 5s, 1931
li-2
Scioto & Hock. V, 1st, 7s
M&N H00
Balt. Short L., 1st, 7s, 1900 J&J
115*2
Clev. Col. C. & I.—1st, 7s, ’99.M&N 120
Consol, mort., 7s. 1914.. J&.l > 120
117*2 113*2
Cons. S. F., 7s. 1914
J&J
Gen. eon. 6s, 1934
117*2
j&.l
97%
120
Belief. & lud. M., 7s, 1899...J&J 110
Clev. & Pitts.—4th M., 6s, 1892 J&J

75
Cousol. S. F., 7s, 1900...... M&N
2d. 6s, 1923
Clev.&M. Val.—1st, 7s.g.,’93.F&A
F&A
Cliic.Buil.& Q.—Cons.,7s,1903 J&J 130*2 131
Columbia & Gr.—1st, 6s, 1916..J&jT
Bonds. 5s. 1895
J&DltlOO% 101
2d mort., 6s, 1926
A&O
5s. 1901..'
A&O 103
103*4 Col. Hock. Val. & Tol.—Consol. 5s.

109

16
70

J&J

|Chie.& Atlantic—1st, 6s, 1920. M&N

1 L 1

1108

1118%
tl0n*2
1 119*2
96%
Wichita&S.W.,l8t,7s,g.,gua..l902 1107*4
Atlanta & Charlotte Ail* L.—1st,7s
108
Income. 6s
85
Atlantic & Pac.—1st 6s, 1910. .J&J

St.L. Jacks’v.&C., 1st,7s,’94. A&O
do 1st guar.(564R7s,’94A&0
do 2d M. (360), 7s, ’98.. J&J
do 2d guar.( 188) 7s,’98. J&J

Cin. Wash. & Balt.—(Continued) —
2d mort., 5s, 1931
J&J

m

..

93%

9

m

m

98r“8
95

A&O

Evansv T II &Chi —1st, 7s. ".M&N

F;irgo &. Southern— 1st,6s,192 l.T&.I

Fi tchb ii r g—5s, 1899

AaO 1 109*2 110

5s, 1900-01-02
(is, 1897

.

7s. 1S194

A&O 1110*4 110%
A&O 1117*2 119
A&O 1122*2 123

Marq — M 6s,1920 A&O 1114
ilolly W. & MV, 1st, 3s! 1991. J&.l
Ft. Madison & N. W.. 1st 7s, g., 1905
Flint & P

Ft. Worth & Denv. C.—1st, 6s, 1921
Frem’t Elk’n& Mo. V.—6s, 1933A&0

64

il>8 *4

103*2

92
i

2d mort.. 7s. 1905

West, Oivr. 1 stj 5s, 1931

102

I v.l)

M&N
do
2d, 6s, 1931
J&.J
Oal TTniis &. TToti
1st 5s, "old .\.VO

Georgia—7s, 1883-90.'. ..’.V... ..T&J
6s, 1889
J&J
Georgia Pacilic—1st, 6s, 1922. J&J
2d mort

*

63

’

105
105
92
41

110

107

41*2

Gr.Rap. & lud.—1st, l.g., g'd, 7s, g. (116
1st M.,7s, l.g., gold,not guar. A&O 1112
Ex land grant, 1st 7s, ’99. ...
100
Gr B’y W &St P —1st 6s 1911. F &A
60
6
2d, incomes,
Gulf Col. & 8. Fe—1st, 7s,1909 J&J 105

1911.1..!

2d, 6s, 1 923

A&O
8s, 1885.M&S
Con. 6s, 1911
M&S
Housatonic—1st M., 7s, 1885.F&A
[lan. & St. Jo.— Conv.

11578 116
102

Ho’st.E.&W. Tex.—lst,7s,’98.M&N
2d

6s. 1913

T&J

Q.& Tox.Cen—1st m.,7s,guar.l891
West. Div., 1st, 7s, g., 1891.. I&J
Waco & N. W., 1st, 7s, g.,1903.J&J

Cons, mort., 8s, 1912
Waco & N , 8s, 1915

A&O

Gen. mort. 6s, 1921
A&O
Hunt, & Rr. Top—1st, 7s, ’90 .A&O
2d mort., 7s, g., 1895
F&A
Cons 3d M. 5s, 1895
A&O
III Cent.—1st M.Chic.& Spr.’98J&J
Middle Div. reg. 5s, 1921... F&A
Sterling. 8. F., 5s. g., 1903..A&O

{ In Loudon.

8

105%
86*2
10358 103 78

^,-4

§89*2

90*2

§79%

80

67*4

69

§34
25

112
110

82
112

{105

107

§ Coupon ofl.

February 7,

THE CHRONICLE.

1885.]
GENERAL
For

S3

QUOTATION'S

Bid.

Railroad Bonds.

Ask.

Illinois Central—(Continued)—

lS95.AAO:+112
,JADdl06
Cliic. St. L.AN.O.—1st con. 7s,’97i 120

Sterling, gen. M.,6s,
Sterling, 5s. 1905

ill

g.,

2d mort (is, 1907
Ten. lien, 7s, 1897

5s, 1951, gold
Miss. Ceu., 2d mort., 8s

LM.IACiltayrksv,8’g0.192

108

JAB

.MAN
JAD

118
10G

108

Railroad Bonds.

BONDS

Continued.

Page of Quotations.

Bid.

Mich. Cent.-Consol., 7s, 1902 MAN 12G
Consol. 5s, 1902
...MAN 105
1st M. on Air Line, 8s, 1890.JAJ U10*4
Air Line, 1st M., 8s, guar...MAN|t 109
Gd. Kiv. V., 1st 8s, ginii\,’86.JAJ 1102*2
Gs, 1909
:
MAS

do
do

Guns.

SI.,8s,’91. .MAS

1113

Cs,lS91
MAS 1100
Joliet A N.Iud..lst,7s (guar.M.O.) liO
Mich. A Ohio—1st, Gs, 1923 ..MAN
Midd. LJn. A Wat. Gap—1st mort..
90

10

East.Div., 1st mort. 6s,1921.JAD

do
income
Ind. Dee. &Si>.—1st, 7s, 1900. A* 3
2d mort., 5s, 19LI
JAJ
2d mort., income, 1900
JAJ
Trust Co, cert
New 1st mort. Gs, funded

AND
First

Ask.
127

110*2
1 10

103*2

5s, coup., 1931
5s, reg., 1931

N.aJack.AGt,N.,lst,Ss.’36JAJ 1101*2
do
2 d M., 8 s, ’ 9 0, c t f s. A A O 108

Income, 1919

STOCKS

at Head of

Railroad Bonds.

Bid.

2d mort. 5s, quar. N.Y. S. A W...
Mil.L.S.A W.—1st M.,6s, 1921.MAN
Mich. Div., 1st, Gs,- 1924
JAJ

|

Ya.A Tenn., 4th 51., 8s. 1900..TA.1
do

enlarged 5s, 1900.JAJ
North Carolina—51.. 8s. 1888.51AN
North Penn.—
2d mort., 7s. 1890
Gen. mort., 7s, 1903
New loan? Gs, reg., 1905

100*2

bYTT

113*2)jNorth’11 Cent.—2dmort.,Gs, 85.JAJ
3d mort., Gs, 1900..
Con. mort., 6s, g.,coup.,

100
60

100*2

9G

Ask.

(Norfolk A West’11-(Confin'd)—

51AN
MAS
'99*4
,TA.l
MAS
5TAS
Kalamazoo AS. H.. I st,8s,’90.M AN 1109*4 116 "
j Northeast. ,S.C.— 1st 5T.,8s,’99,51 AS
J.L.A Sag.lst,8s’85,*‘wh.bds”JAJ * 101 *4; 101*2 j
...MAS
2d mort., 8s, 1899
J.L.A Sag.North Ext.,8s. ’90.MAN
hNortliero, Cal.—1st, Gs, 1907..JAJ

108

101

do
2d mort. debt
AAO
Ind. Bl. AW.—1st, pf.,7s, 1900JAJ
1st more., 4-5-0, 1909
AAO
2d mort., 4-5-G, 1909
AAO

OF

uphill at ton« See Notes

177

AAO

1121
99
104

125
100
110

122
124

107*3
122
120
103

100*.!
120

121

115*4
Gs, g., reg., 1900
AAO 115*4
Mort. bds., 5s, 1920, series A JAJ
102*4 102*3
do
101
series B
101*2
Con. mort. stg. Gs, g., 1904...JAJifJ110
112
110

1900. JAJ

{Northern, N.J.

100
102
— 1st 51., Gs, ’SS. JAJ 1100
North. Pac., P. D’O Div.—Gs, MAS.' 197
95
Mo. Div. Gs, 1919
197
JAD
MAN
JAD
Gen’i 1. g., 1st, Gs, 1921
JAJ 100% 400%
i 26
Ind’polisASt.L.—1st,7s, 1919. Var. 1 110 113
Minn. A St. L—1st M., 1927..JAD
Gen’l 1. g., 1st, Gs, reg
jAJ 100*4
Ind’apolisA Via.—1st, 7s, 1908. FA A till
1st M., Iowa CityA W., 1909.JAD
110*4 Norw’hAWorc’r— 1st 51., 6s.’97.JAJ 1116*3 118
2d mort,. Gs, g., guar., 1900.MAN 100
2d mort., 7s, 1891
100
TAJ
Ogd’nsb’gAL.Ch.—1st M.0s,’9S.JAJ 1100% 101
Int. A Gt.North.—1st,Os,1919.MAN| 104
105*2
Sou t li west. Ex t., 1 st, 7s, 1910. J AD 11234 113*2
Sinking fund, 8s. 1890
102
MAS 1101
Go *4
Coup. Gs, 1909
MAS!
G6
Pacific Ext,., 1st. 6s, 1921.. AAO 102*2 101
Consol, ,6s, 1920
76
AAO 175
Ionia & Lausing— 1st Ss, ’89. ..,TA Jit 107
109
Miss.ATenn.—1st 51., 6s,series “A” 4120
i
14
17
Income,
3s A 0sl920
Iowa City A; West—1 st,7s,1909M AS '112
.TAT 100 1104
8s, series “ B”
Ohio Cent.—1st,mort.,Gs,1920, JAJ
56*2 59
ra Falls & Sioux C —1st, 7s,’99AAOj 1120**
Mo.K. A T. — Cons. ass.. 1904-6.FAA
9978
Incomes, 1920
5
3*2
Consolidated 6s, 1920
03
Jefferson—Hawl’y Br. 7s, ’87..JAJj
JAD
1st Tor’l Trust. Gs, 1920
60
JAJ
1st mort., 7s, 1889
JAJ!
oO
51
Consolidated 5s, 1920.
Mineral Div., inc. 7s, 1921
JAI>
Jeff. Mad. A Ind—1st, 7s,190G.A AO!t 113*2
1st, Gs, g., 1899. (IT. P. S. Br.)JAJ
15*
River Div., 1st, Gs, 1922
5IAS
2d mort., 7s, 1910
I
1131*3
JAJ
2d mort., income, 1911
do
AAO
1%
income,' (is, 1922
Junction (Phil.)—lst,4*3S,1907 JAJ
Boonev’e B’ge,7s,guar.l906.MAN
'OliioA 5Iiss.~Cons. 8.F. 7s,’98. JAJ 116
2d mort., Gs, 1900
A AO
Han. A C. Mo., 1st 7s, g.,’90.MAN
Cons, mort., 7s, ’93
JAJ 117*2 1.26
1116*4 110
Mo.Pae.—1st mort.,6s.gid,’88, FAA 103*2 105
2d mort., 7s, 1911
AAO 110
Kansas C. Lawr. & So.
) tl06*i 108
Consol. 6s, 1920.....
MAN
1 st mort. ,Springf. Div., 1905 51AN
917s
*90
1 19*2
K.C.St.Jos.A C.B.—M.
J 1 119
Too" Ohio Southern—1st Gs, 1921.. .JAD
2d mort,, 7s, 1891
JAJ 108
85
106
106*4
Car. B., 1st mort,, 6s, g. ’93..AAO 1
2d income, Gs, 1921
23
r
3d mortgage, 7s, 1906
FAA 120
120*2
MAN; 99% "99*2 Old Colony—Gs, 1897
104*2
Income, 7s, 1892
6s, 1895
JAI> 117% 113
MAS;
76
8L
Mobile A O.—1st prof, debentures..
122
7s, 1894
*2 123
51 AS
15
25
30
2d pref. debentures.
4*as, 1897
JAD 107
107*4
70
Sandusky Div
3d pref. debentures
111
B ost.O. A Fitclib., lst,7s,’89-90J A J
113
do
income.
18*2 21
4tli pref. debentures
B. C. F. A N. B., 5s, 1910 ..JAJ
113*4 113*2
79
80
New mortgage, Gs, 1927
120
N. Bedford RR., 7s, 1894;.. JAJ
122
JAD 1023s
do
income, 7s,
Collateral trust Gs, 1892
JwJ
Equipment, 6s, 1885
FAA 100
100*2
Lake Shore A Mich. So.—
1st extension Gs, 1927
FramighamA Lowell, 1st, 5s.’1 > 1 106% 107
Q—J
102% 103
100*2 Ores. & Cal.—1st Gs, 1921
Morg’ u’s La. ATex., Is t, 6 s, 1920J A J
68
JAJ }64
102
115
1st mort., 7s, 1918
2d mort., 7s
AAO
do
105
Morris A Essex—1st, 7s, 1914 MAN 13 6 *2 140
O regon A Tran soon t.—6s, 1U 2 2 M A N
’*6*4*2
115
2d mort, 7s, 1891
FAA 110
Osw.AKomo—1st 5L, 7s, 1915.MAN 120
121
Bonds. 7s, 1900
115
JAJ
Panama—SteiTg 51., 7s, g. ’97.AAO 113
Buff. A State L., 7s,
General mort., 7s, 1901
101
AAO 122“ 121
Sinking fund sub., Gs, 1910. MAN
121
1
Consol, mort.,7s, 1915
124*8
103
..JAD
106
Subsidy bonds, Eng. issue, Gs
109*4 Tool Nashua A Low.—Gs, g., 1893.FAA no
110*2 ParisADec’t’r—1st 5I.,7s,g.,’92.JAJ
35
|
Kal.A Schoolcraft, 1st, 8s.’87.J A,)
10(3 *2 108
125
5s, 1900
Pemia.—Gen. 51.. Gs, cp., 191OQ—J
125*2
Kal.A Wli. Pigeon, 1st. 7s,*90.. JAJ 10*3"
117
Nashv.Ch.A St.L.—1 st, 7s, 1913 JAJ
1117*2
Geu’i mort., Gs, reg., 1910.. AAO 127
Dividend bonds, 7s,«L899...AAO 121
119
2d mort., Gs, 1901
Cons, mort., (is, reg., 1905 .Q—51
JAJ
L.S.&M, S.,cous.,ep., lst,7s.JAJ
126
do
Gs. coup., 1905..JAD
1st, Tonn. A Pac., Gs, 1917...JAJ
11S*2
do cons.,reg., 1 st,7s, 1900.—.1
126
12678
Collateral trust, 4*2% 1913. JAD
1st, McM. M. W.AA.,6.3,1917.JAJ
do cons., cp., 2d,7s, 1903.
114*2 115*8 Nashv.A Decal ’r.—1st,7s,1900.JAJ
Consol. 5s, 1919
JAD 104*2
do "cons.,reg.,2d, 7s,1903.^
115*8 Natchez Jack. A Col.—1st, 7s, 1910
Penn. Co., Gs, reg., 1907—O.—J
Lawrence—1st mort., 7s,1895.FAA
Nevada Ceu.—1st Gs, 1904
do
AAO
1st 51.,4*2S, 1921.JAJ
967e “93“
ibi" 122** Newark A N. Y.—1st, 7s, 1887.JAJ 104
Leiiigh Val.—1st,Os,coup., ’98.,
Penn.A N.Y.Can.- 1st. 7s, ’90. JAD 123
1st mort., Os, reg., 1898
122
1st mort., 7s, 190G
IN e w’k S’set AS.—1st. 7s, g.,’89.51 AN 100
JAD 127
2d mort., 7s, 1910
MAS 135
j N’lmrgliAN.Y.—1st 51. 7s,1888.JAJ 100
51
Pensacola A Atlantic,-1st 111..MAS
Gen. M., s. f., Os, g., 1923
122
100
'New Jersey A N. Y.—1st mort
Peoria Dec. A Ev.—1st,Os, 1920,JAJ
97
L. Miami—Renewal 5s,1912..MAN t 104
106
93
IN. J.Southern—1st 51.,new 6s. JAJ 1
25
Incomes, 1920
L.RocKA Ft.S.—lst,l.gr.,7s ’95.JA.J
113
99*4 99% i N.Y. A Can.—£ M., 6s, g., 1904.51AN tin
95
Evansville Div.,1st Gs,1920.5IAS
97
Long Island—1st M.. 7s, 1898.MAN 123
N. Y.C.AH — Debt cert.,ext.5s MAN
103*2
25
do
income, 1920
1st consol. 5s, 1981
104
133*2 Peo.A Pekin Un.—lst.Gs, 1921.Q—F
Q—J
JAJ 132
| Mort., 7s, coup., 1903
101*2
South Side, 1st, 7s, 1887
MAS t 100
133*2 Perkiomen—1st 51., Gs, 1887..AAO
98*3 99
Mort., 7s, reg., 1903
JAJ
Newtowu A FI., 1st, 7s, 1891
9J
Debenture 5s, 1901
MAS 102*2
Cons, mort., Gs, 1913, sterling
120
A Flushing—1st, Os,1911
Sterliugmort., 6s, g., 1903...JAJ i L17
Petersburg -Class A, 1926
JAJ
Lou’v.C.A Lex.—1st,7s,’97 JA,l(ex) 113*2 114
N. Y. C., 6s, 1887
Class B, 1920
TAD 105*8
AAO
2d mort., 7s, 1907
106
*...AAO
Hud. R.. 2d 51.. 7s.. 1885...:JAD 101 %
Phila. A Erie—2d 51., 7s, 1888.JAJ
109*3 no
Louisville A Nashville.—
N.Y.Cliic.A St. L. -1st,Gs, 192 L.JAD
90% 91
Gen. 51.. guar., Gs, g., 1920. .JAJ {l 13
120
Cons. 1st, 7s, 1398
53
117*3
A AO 115
2d Gs, 1923
MAS
SuuburvAErie, 1st M.,7s.’97.A AO 118
Cecilian Br., 7s, 1907
100
80
'3*5" Phi la. A Read’g—1st, Gs, 1910 .JAJ 119
33
MAS
N.Y.City A No.-Geu*l,Gs,19105IAN
Louisville loan, Os, ’8G-’87..AAO 102
Trust Co. receipts
33*2
2d, 7s, ’93..1
AAO 114
116*2
Leb.-Knoxv. Os, 1931
117
23
MAS 100
N. Y. Elevated.—1st 51., 190G.JAJ
JAJ
Debenture, 1893
Louis. Cin. A Lex., Os, 1931.MAN 100
26
N. Y. A Green w’d L.—1st 51. iuc. Gs
Consol.M.,7s,1911, reg.A ep.JAI) 118% 119
Mem.A 0.,stl., M„7s, g.,1901 JAD : 116
118
6
2d mortgage income
Consol, mort., Gs, 1911
TAD 106*o
110
134
FAA ,’108
N. Y.AHarJeiii—7s, coup., 1900.5T AN
Improvement mort., 6s, ’97.AAO |90 > 92
N. O'. A Mobile. 1st Os, 1930. JAJ
76
N.Y. Lack.A W.— lst.Gs, 1921.JAJ 119
119*2
Geu’i mol t., 6s, 1908
73*4 73%
JAJ
do
94
27
2d, Gs, 1930....JAJ
30
95*2
2nd, 5s, guar., 1923
Convertible, 7s, 1893
JAJ
FAA
Pensacola Div., 1st,Gs, 1920..MAS *95"
Cans. 5s, 1st series
38*3 40
N.Y. L.E.A W.—lst,7s,’97,ext.5lAN 120
5TAN
St. Louis Div.. 1st, Gs, 1921..MAS
90 ’
2d mort. extern, 5s, 1919 ...51 AS
108*8
Cons. 5s, 2d series
24*s 26
FAA
do
40
2d., 3s ,1980.MAS
45
Conv. adj. scrip, 1888
3d mort. ex. 4*^s, 1923
MAS 103*4 104*4
JAJ
Nash. A Dec., 1st 7s, 1900...JAJ
4th mort., ext., 5s, 1920.. ..AAO 105*2
Scrip for 0 deferred *2 coupons .. t
E. II. A N., 1st Gs, 1919
JAD 10038
Deferred income
5th mort., 7s, 1888
TAD lo7
Gen’l mort., Gs, 1930
TAD
43
84%'
52
Income mort., cons. 7s, ’96, JAD
1st cons. 51., 7s, g.,1.920
5TAS 115*8
So. A No. Ala., S. F., Gs, 1910 AAO
62
New 2d cons. Gs, 1969
Coal A L, guar.,7s,’92,ex-cp. MAS
JAD
let mort., sinking fund, 8s
109
Phila. Wil. A Balt,—6s, 1892.. A AO 1107
Collateral Tr. 6s, 1922
MAN
Trust bonds, Gs, 1922
75
114
114*2
1st con .4. fund coup.,7s. 1920 MAS
Q—M
68,1900
AAO 112
58
107
MAN
Ten-forty Gs, 1921
2d cods, f’d cp., 5s, I960
os, 1910
JAD 1106
JAD
90
93
94
89
L'sv.N.A.AChic.—1st,Os,1910. JA.I
Trust certs., 4s, 1921
JA J
Reorganizat’n 1st lien, 6s, 1903 ..
Gon. mort. Gs, 1914
AAO
80
Pittsb.Bradf.A 3.—lst,6sl9l 1AAO
Gold income bonds, 6s, 1977:...
Lo’is v. N. O. ATex.—1 s t, 5s, 19 3 4M A 3
87
88
Pittsb.GA St.L.—1st, 7s, 1900. FAA 117
Lon? Dock mort., 7s, 1893..JAD 115
Maine Cent.—Mort. 7s, 1898...JAJ 1119
121
109
2d mort., 7s, 1913..
N.Y.A N.Eug.—1st
7s, 1905JAJ 10 8
AAO
Extern bonds, Gs, g., 1900... A AO 1110
112
99*2 100
1st mort., 6s, 1905
PittBb.Cl.ATol.—1st, (is, 1922. AAO 1*0*7** 109%
JAJ
Cons. 7s, 1912
AAO 1120*3 122
2d mort., 6s, 1902
Pittsb.ACou’llsv.—lst51.7s,’98.JAJ 118% 120
...FAA
122
Androscog. A Ken.,Gs, 1891.FAA 1106
107% N. Y. N. H. A H.lst r. Is, 1903.JAD 10*6
Sterling cons. 51., 6s, g., guar.JAJ 11 -0
Leeds A Farm’gt’11, Gs, 1901.JAJ 1110
111
Pittsb.Ft.W. A C.—1st,7s,1912 Var 1363s
N.Y.Pa.A O.—1st, iue.,acc.7s, 1905
t’28 *2
Portl. A K.,Cons. M., Gs, ’95.AAO 110
112
2d mort., 7s, 1912
do
JAJ 133*4
prior lien,inc.ac.,5-6s,’95 t98
Man.Beaeh Imp ,lim.,7s, 1909,MAS
3d mort., 7s, 1912
2d mort. inc
AAO
XI
N.Y.AMau. Beach. lst7s.’97,JAJ
78
3d mort. iuc
Pittsb. A West,—1st mort
13
90
Marq’tteHo.A O.—Mar.AO.,8s, *92 1114*4 115
L’sed L.routal tr’st’ 73,Trus.cer.7s J63
Portl’ndAOgb’g— lstGs,g.,1900.1 AJ
25
6s, 1908
MAS
Vt. div., 1st M., 6s,g.,1891..5IAN
96*4 96*2
West. ext. certifs, 8s, 1876..JAJ
135
89
6s, 1923, new
88
Port Royal A Aug.—1st, 6s, ’99. JAJ 100, 104
JAD
do
do
7s, guar. Erie J35
25
Mem.AL.R’ck—1st mart.,8s, 1907. 104
50
107
N.Y.Prov.AB’n—Gon. 7s, 1899. JAJ
Income mort., 6s, 1899
JAJ
Mempli.A Chari.—1st,7s, 1915.JAJ 114 120
Ren.AS’toga— 1st 7s,1921 con.MAN 135
N.Y.Susq. A W.- 1st. 6s, 1911.JAJ
2d mort., 7s, 1885
140
JAJ 101
Debentures 6s 1897
FAA
1st, 78, 1921, reg
MAN 135
1st consol. 7s, 1915
52
53
JAJ
97
99
Rich’d A Allegh—1st, 7s, 1920. JAJ
Midl’d of N. J.—1st,6s,1910. AAO
*71*2
1st, cons.. Teuu. lien, 7s, 1915 J&J 108
3 1®8
2d mort., 6s, 1916.
N.Y. West S. A Buff.-5s, 1931. JAJ
MAN
Metrop’n Elev.—1st, Gs, 190S, JAJ 106
Rich’d A Danv.—Con.,Gs,’90..MA>j; 102"
ioo*8 Norf’k AW.—Gen’l 51.,6s, 1931 MAN
2d 6s, 1899
96
MAN
93
96*2
*9*3 *2
General mort., 6s, 1915 ... .JAJ
New River 1st 6s, 1932
.AAO
Mexican Cent.—1st, 7s, 1911.. JAJ
42
Norf’k A Petersb., 2d, 8s, ’93. JAJ
58% 59%
Debenture, 6s, 1927
AAO
Incomes
Piedmont Br., 8s, 1888
South Side, Va..1st, 8s,’84-’90. JAJ t i’T6‘*
9% 16
AAO 107*3
no
Scrip 10s, 1889
81
Rich. Fred. A Potomac—6s,ext.JAJ 102
J&J
do
2d M., 6s,’84-’90.JAJ tlOL
81*4
Mexican Nat.—1st, Gs, 1912 ..AAO
20
2<)*o
do
Mort, 7s. 1881-90
JAJ no
3d.6s.’86-’90 ...JAJ tlOl

18

1st, incomes.
Mil. A No.—1st, Gs, 1910
1st, Gs, 18S4 1913

......

......

......

......

"59*2

j

•

NS*-

...

.

.

.

•

*

*

-

*

,

......

...

......

......

....

......

......

....

.

.

.

^

.

......

...

.^

.m

......

......

.

_

.

.

_

w

......

......

..

..

§46*

-

-

-

*

*

***•*•

.....

...

*Price nominal; no late transactions.




t Purchaser also pays aoorued interest.

J In Loudon.

§ Coupon off'.

.

.

_

.•

K

THE CHRONICLE,

178
GENERAL

Ask.!

Bid.

Railroad Bonds.

Rich. & Petersb.,

QUOTATIONS

8s,’84-’S6...A&0

7s, 1915
M&N
Richmond York Riv. & Ches., 8s...
2d mort., 6s
Roch. & Pitt8., 1st, 6s, 1921...F&A
Consol. 1st, 6s, 3 922
J&D
do
income. 1921
New mort.,

RomeWat’n&O.—S.F.,7s,1891. J&1)
2d mort., 7s, 1892
J&J
Consol., 1st ex. 5s, 1922—A&O
Income 7s, 1932
Rutlanu—1st M., 6s, 1902

107*2
68
105
89
50
108

106
74*2
•

-

M&N

F&A
Equipment, 2d mort., 5s
Bt. Joseph & Pac.—1st,7s,1906.J&J
2d mort., 7s, 1906
J&J
Kans. & Neb., 1st, 7s, 3906..J&J
do
2d, 7s, 1906 ..J&J
Bt.L.Alt.&T.H.—1st M„ 7s, ’94.J&J
2d mort., pref., 7s, 1894
F&A
2d income, 7s, 1894
M&N
Div. bonds, 1894
Bellev.&S.ll].,lst,S.F.8s,’90.A&0
Bt. Louis & I. Mt.—1st, 7s, ’92,F&A
2d mort., 7s, g., 1S97
..M&N
Ark. Br. 1. gr., M., 7s, g., ’95.J&D
Cairo Ark. & T.,lst,7s,g.,’97.J&D
Cairo & Ful., lst,l.g.,7s,g.,’91. J&J
Gen. con. r’y & 1. g., 5s,1931A&0

Bt.L.&SanF.—2d M.,classA,’06M&N
2d M., class B, 1906
M&N
do
class C, 1906
M&N
South Pacific.—1st M, 1888 .J&J
Pierre C. & O. 1st, 6s
F&A

•

•

•

•

lll^g

Savannah Florida & West.—
At. & Gulf, cons. 78,1897
J&J
1st mortgage, 7s
J&J
S.Ga.& Fla., 1st M. 7s, 1899, M&N

Bcioto Val.—1st, 7s, sink’g fd.. J&J
2d mort ,7s, sink’g fd
A&O
Consol. 7s, 1910
J&J
Shenandoah Val. -Ist.7s.l909. J&J
General mort., 6s, 1921
A&O
Sioux C. & Pac., 1st M., 6s,’98. J&J
So. Carolina—1st M.,6s, 1920.. A&O
2d mort., 6s, 1931
J&J
Income 6s, 1931
So. Cen. (N.Y.)—Consol. mort., 5s..

! Wis. Valley—1st, 7s,

I

j
1

48

1st. 6s,gold, 1920. J&J 11
25%

*27

9

10

main line, inc, 68,1910

1*2

2
7

California Pacific
Camden & Atlantic

1

do
Canada Southern
Canadian Pacific

13

*2

25

United Co’s N.J.—Cons.,6s,’94. A&O
Sterling mort., 6s, 1894
M&S Jill
do
68,1901
M&S 1120
Cam. & Amb.,mort., 6s, ’89.M&N 109
Union Pacific¬
ist mort., 6s, gold, 1896-’99. J&J
Land Grant, 7s, 1887-9
A&O
Sink. F.,8s, 1893
M&S

..

108
117 7t

"I

2d mort
3d mort., income
Va.Midland— 1st ser.,6s,1906.M&S

123

M&S
M&S

M&S
M&S

j

do
do'

1st

108*2

no
10s

10

2%

100

100
100
100
pref. 100
100
50

L06%
100
93*2 Chesapeake & Ohio, common ..100
do
1st pref... 100
87*fc 87*2
90
i
95
do
2d pref.... IOC”

99

91*2
130*2 131
95

55
9

111*2 114
110*2 111*2
95*4 97
56
94
56

Prioe nominal; no late transactions.

100

& Alton
! jChicago
Chicago & Atlantic

110

*95
57

ww

29*2
37*2
15
54
51

9*4
72

I78
14*2
34*8

28%
13

5*2
10
6
54
131

Mj

V

100

91%

Pref., 7.. 100

Chicago Rock Island & Pac.... 100
Chic. St.Louis & Pitts
100
do

pref

100

t Pnrohaser also pays accrued interest.

82
75
95
35

11*8
53*4
2
6

134*2
150

103
117
76
166
70 c.
60
142

IB

S5

100
10*4

i

50

Louisiana & Mo. Riv., Com
100
do
Pref., guar..
Louisville & Nashville
.100

30 34
38
18

55
52

12
77

2

Louisville New Albany & Chic.100
Macon & Augusta
*
Maine Central
100
100
Manchester & Lawrence
Manhattan Beach Co
100
Manhattan R’y, consolidated ..100

Marq. Houghton & Ont
do
Pref

Memphis & Charleston
Metropolitan Elevated

Mexican Central
Mexican National
do
pref

15%

100

145
7

150

10*2
3*2

17

24

8*2
124*2 12434
12*4

13

8

i_54*2
131*2

Minneapolis & St. Louis

do
Pref...
Missouri Kansas & Texas
Missouri Pacific
Mobile & Ohio
Morris & Essex, guar., 7
Nashv. Chat. & St. Louis
Nashua & Lowell
do

25

100

8*4
165g

do
Pref
New Jersey Southern.
New London & Northern
N.Y. Cent. & Hudson River

{In London.

§ Quotations per share.

12*2
62*2

13*4
62«a

§56*2
25
145

27

146

§ 52%
66
17

67
20

100

24*8
18*2

24 3g
20

95171*2 172
11*2 11*2
72*2

x93

14

16

27*2

29*2

96

9%
■

10 “

2*4

87s
54*4

31

§06*2
11
26

100
100
100

153s
95%

100

50
25

100

58

8

100

15%

7
115
35
144

96
9
120
37
147
2

1

2

1*4
12*a

9178 New Jersey & N. Y
126*2

79

90*2 91
132*2 133
49% 50

100

7338 Newburg Dutchess & Conn
do
do
Pref...

110

77
85
130

100

15*2 Michigan Central
100
34% Michigan & Ohio
51
do
Pref
56
Midland of New Jersey
100
29*8 Mil. Lake Shore & West
do
do
Pref.... 100
18
100
6*2 Milwaukee & Northern
12
Miue Hill & S. H, leased
50

10

126
109
7

50

Little Rock & Fort Smith
100
Little Miami, leased, 8 guar.... 50
Little Schuylkill, leased, 7
50

Long Island

119*2 11978
1%

73*4
104*2

Chicago & North Western

13
84

Georgia Railroad & Bank’g Co. 100
Grand Rapids & Indiana
Grand River Valley, guar., 5.. 10(
Green Bay Winona & St. Paul..lO<

....

Chicago & Canada Southern
Chicago & East Illinois
Chicago & Grand Trunk
Chicago Milwaukee & St. Paul. 100
do
Pref., 7.100
do

3

5
2

50

100

92%

96*«

Flint & Pere Marquette
Pref
do
do
Fort Wayne & Jackson
do
Pref
do
Fort Worth & Denver C
Galv. Harris!). & San Antonio

Lehigh Valley

60

100

do
Pref
Central Pacific
Charlotte Col. & Aug

58
141

26*c
87 34
42%

Delaware & Bound Brook
100 §122
92-% 93
Delaware Lack. & Western
50
5
Denver & New Orleans
8
8*4
Denver & Rio Grande
100
6*4
Denver & Rio Grande Western
Des Moines & Fort Dodge
Pref..
do
do
75
Det. Lansing & Northern, com .100
107
do
do
Pref. 100 105
59
Dubuque & Sioux City
100
3*4
3**
East Tennessee Virginia & Ga.100
5*2
5%
do
do
Pref.
43*2 44
Eastern (Mass.)
100
90% 91
Eastern in N. H
100
Eel River
100
40
Elmira & Williamsport, 5
50
52
do
Pref., 7..50
107
Erie & Pittsburg, guar., 7
50
40
36
Evansville & Terre Haute........50
Fitchburg
100 115 11G

135

40

50
100

Central of Massachusetts

Danbury & Norwalk
50
Dayton & Michigan, guar., 3*2--50
' Pref., guar., 8.50
do

Pref
100
Harrisburg P. Mt. J.& L., guar., 7.50
75*4 Houston & Texas Central."*. ..100
69*2 Huntingdon & Broad Top
50
do
do
Pref... 50
77y
Illinois Central
IOC
171
do
Leased line, 4 p. c. 100

50

pref

81
103
73

Cin. Indianap. St. Louis & Chic.100
Cincinnati & Milford
Cincinnati N. O. & Tex. Pac
100
11
Cin. Sandusky & Cleveland
50
53
do
Pref., 6.50
Cin. Washington & Balt
100
do
pref.. 100
33
Clev. Col. Cin. & Indianapolis.. 100
Clev. & Pittsburgh, guar., 7
50 134*2
1*8
Col. Chic. & Indiana Central... 100
Columbus & Xenia, guar., 8
50 143
Col. Hock. Val. & Tol
100
100
Columbia & Greenville
18
do
Pref
100
Concord
50 102%
Concord & Portsmouth,guar.,7 100 115
Connecticut & Passnmpsic
100 x75
Connecticut River
100 165
60c,
Connotton Valley
50

Indiana Bloomington & West’n 100
Indian. Decatur & Sp., com
190
do
Pref... 100
do
9
Towa Falls & Sioux City
100
171
171*2 Jefl’v. Mad. & Tnd’p’s, leased.. 100
Joliet & Chicago, guar., 7
100
90
90*2 Kansas City Ft. Scott& Gulf...100
do
do
pref.. 100
111*4 i 11* % Kans. City Springf.& Memphis
168
168*2 Kentucky Central
i. 100
90
90*4 Keokuk & Des Moines
100
170
do
Pref.... 100
170*2
1 L0% 111
Lake Erie & Western
100
18
Lake Shore & Mich. So
100
....

50

Central of New Jersey

5
2

50,

2d pref

Pref

do

87*4
42*4

120*4

100
100
50

do

4

j

1st pref..
2d pref

26

pref.. 100
Chicago & West Michigan
100
Cin. Hamilton & Dayton
100

10*2 Georgia Pacific

.j

Pref

Central Ohio

*

2d series, 6s, 1911
Sd series, 5-6s, 1916
4th series, 3-4-5s, 1921
5th series, 5s, 1926

pref

Catawissa
do
do

118*4'

108
107
106

68*2
7%

100

------

103

90

Vicksb. & Mer.—New 1st mort




|

M&S 117*2

Collateral trust, 6s, 1908 ....J&J
do ‘
5s, 1907....J&D
Kans. Pac., 1st, 6s, £895
F&A
do 1st M., 6s, 1896
J&D
do
Denv. Div., 6s
M&N
do 1st cons. M.,6s, 1919 M&N
Oregon Short-L., 6s, 1922
E'&A
Utah Cen.—1st M., 6s, g.,1890. J&J
Utah So., gen. M. 7s, 1909...J&J
do extens’u,lst,7s, 1909 J&J
Utica & Bl’k R.—Mort., 7s, ’91 .J&J
Verm’nt& Mass.—Conv. 7s, ’85.J&J
Guaranteed 5s, 1903
M&N

*

113
122

1*2
75

100

Cedar Falls & Minnesota
Central of Georgia
111*2 11158’ Central Iowa

Bridge, sterl. 8s, g., ’96.A&O 1120

Reg. 8s, 1893

Incomes, cumulative.

Cairo & Vincennes,

Cliii3. St. P. Minn. & Om.,com.. 100

Ask

do

Brooklyn Elevated, assessm’t paid.
Brooklyn & Montauk
100
do Pref
100
Buff. N. Y. & Erie, leased
100
Buffalo N. Y. & Philadelphia
do
do
Pref...
Burlington C. Rapids & North.. 100

1
15

119
78
41
119

129

Boston & Albany....
100
Bost. Con. & Montreal., new.. .100
Pref., 6... 100
do
Boston IlooSac Tun. & Western
Boston & Lowell
500
Boston & Maine
100
Boston & N. Y. Air-Line, pref
100
Boston & Providence
Boston Revere Beach & Lynn.. 100

%

do
1st Dayton div.,6s, 1910
do
Day. Div., inc., 6s, 1910
Southeastern Div., 1st mort., 6s..
1st termiual trust, 6s, 1910

Om.

36
53
50
60

52%

Income
do

......

70
35

mort.,6s, gold, 1905. J&D

14
u

Albany & Susqueh., Guar., 7...100
Allegheny Valley
50
Atchison Col. & Pacific
Atchison Topeka & Santa Fe..l00
Atlanta & Charlotte Air Line
Atlantic & Pacific
100
1
Augusta & Savannah, leased... 100
Baltimore & Ohio
100
do
1st pref.,6.... 100
do
|
2d, pref

70

67*2

112
106
109

19*2
13*g

Lim., B, corn
Ala. N. O. & Pac., &c., pref
102*2 102%
do
def..
do

Washington Branch

105
105

115
77
40
118
101
101

5s.’94.A&O

Parkersburg Branch

112
114

110*4 111%

It 1ILRO VD STOCKS. Par
Ala. Gt. South.—Lim., A., 6s,pref.

104
95
34

108
111

106*2

1909

Nash. & Rocli.. guar.,

90
75
85
90

80

108
122

J&J
j W orc’r & Nashua—5s, ’93-’95.. Var.

fil‘j

25

92

99
71
112
106
112
122

Wisconsin Cent.—1st ser., 5s, 1909
2d series, 7s, 1909, if earned ....

73*2

Tol.Del’s& B.—1st main, 6s, 1910

75*$

Wilm. Columbia & Augusta, 6s
Wil.& Weldon—S. F., 7s, g., ’96. J&J

114

103

79
98

112*0

End., 1st, 6s, 1890
J&J
1890
J&J
End., 2d mort., 6s, 1895
J&J
2d mort., pref., 6s, 1895
J&J
2d, end. Wash. Co., 6s, 1890 J&J
3d, end., 6s, 1900
J&J
West’nPenn.—1st M.,6s, ’93..A&O
Pitts. Br., 1st M.. 6s, ’96
J&J
Wheeling & L.Erie—1st, 6s, g., 1910

107
tl05

f85

75
85

100
100

West. Md.—

102*4 103

lU6*2

..

106
91

A&O 113%

Consol, mort., 6s, 1909

iii

Texas & Pac.—1st, 6s, g.1905 M&S

N.O. Pac.,

95*2

West’n Ala.—1st M., 8s, ’88...A&O
2d mort., 8s, guar., ’90
A&O

109*2 110

70
108

Texas & St. Louis—1st,6s,1910 J&D
Land grant, incomes, 1920
Mo. & Ark. Div., 1st. 6s
1911
Tol. Cin. & St. Louis—1st mort..

70

R.),7s.M&S
Om.Div.,lst7s,1919.A&0

ioo

Tex. Cent.—1st,sk.t'd.,7s,1909M&N
1st mort., 7s. 1911
M&N
Texas & New Orleans—lst,7s.F&A

Consol,

80

8t.L.K.C. &N. (r.est.&

Bo.Pac.Cal.—1st,6s,g.,1905-12 A&O ‘*95*’
Bo. Pac.,Ariz.—1st,6s,1909-10.J&J
93
Bo. Pac.. N. M.—1st, 6s, 1911 .J&J
Southwestern(Ga.)— Cony.,7s,1880
Summit Br.—1st, 7s, 1903
J&J ids% 11*6* !
98*4 99
Sunb.Haz.&W-B.—lst,5s,1928M&N
65
|
..2d mort., 6s, 1938
M&N
tioo
jl
Susp.B.&ErieJunc.—1st M.,7s
127*2
Syr.Bing.&N.Y.—consol.7s.’06A&O 125

Inc. and land gr., reg., 1915. July
1st (RioGr. Div.), 6s, 1930..F&A
do
ex Aug. coup.

60

1st mort., 6s,

112

36
74

75*

Han. & Naples, 1st, 7s, ’88. M&N
111.& S.la.,1st, 6s,1912,, ex.F&A

10o*2

ico

Sandusky Mansf.&N.—1st, 7s,1902

73

do
do Clar. Br., 6s, 1919.. F&A
do No. Mo., 1st, 1895...J&J
105*2 106*2:
do St. Cba’s Bridge 6s, 1908
101
Wab. Fund. 1907—Var. 7s. F&A
104
101*2!
do
Various 6s
F&A
7!
Warren (N.J.)—2d, 7s, 1900 ..A&O
|
1C0*2
W. Jersey & At. 1st M.,6sl910M&S
9U7s ioo
West Jersey—1st, 6s, 1896
J&J
99
99*4! 1st mort., 7s, 1899
A&O

J&J
F&A
M&S
Bt.L.Yand.&T.H.-lstM.,7s,’97.J&J 114
95
2d mort., 7s, 1898
M&N
2d. 7s,guar., ’98
M&N 1110
Bt. P. & Duluth—1st, 5s, 1931.F&A 101
Bt.P.Minn.&Man.—1st 7s,1909 J&J 109
2d 6s, 1909
A&O 110
Dak. Ext., 6s. 1910
M&N
1st consol. 6s, 1933
J&J
Minn’s U’n, lbt, 6s, 1922 ....J&J

91
30

Q’ney & Tol., 1st, 7s,’90, ex.M&N

107
lOO
21*2 45
114
L12
110
L05
98

Bid.

do

Cairo Div.. 5s, 1931
J&J
Cons, mort., 7s,1907.con.,exQ—F
1st. St. L. div., 78, 1889. ex.F&A
Gt. West., III.,1st, 7s, ’88,ex.F&A
do
2d, 7s, ’93,ex.M&N

37

Railroad Stocks.

Ask.

105% 106%

Quincy Mo.& P., 1st,6s, gaar.1909

67
98
40
95

95
36
90
35

iol

General mort.. 6s, 1931
Trust bonds, 6s, 1920
St. L. W. & W., 6s, 1919

Bid.

Railroad Stocks.

98%

r98*4
t66*2

BONDS—Continued.

of First Pagge of Quotations.

Vabash—1st, ext., 7s, ’90, ex.F&A
Mort., 7s, 1879-1909
A&O
2d mort., 7s, ext. 1893, ex..M&N
73%
Equipment7s, 1883
M&N
Gen.. 6s, 1920
J&D
90
Chic. Div., 58, 1910
J&J
52*2
Havana Div., 6s, 1910
J&J
Tol. P. & West., 1st 7s, 1917. ..Q
Iowa Div., 6s, 1921
M&S
75*4!
Indianap. Div., 6s, 1921
J&D
33
Detroit Div., 6s, 1921
J&J

103

J&I)

Equipment 7s. 1895

STOCKS AND

OF

Explanations See Notes at Head,

For

[VOL. XL,

*2

100
100

883s

88*2

1) Coupon off.

THE CHRONICLE

1885.]

February 7,

QUOTATIONS OF STOCKS AND BONDS—Continued.

GENERAL

Explanations See Notes at Head of First Page of Quotations.

For

railroad

Bid.

Stocks.

Miscellaneous.

Bid.

South’n A Atlantic.25
Western Union
100

7s, 1900, M. AN....
6s,g.,cp.Arg..’97JAD 111*2 111V
lPJio
Cons.M.,1911 7sJAD 119
TELEPHONE
192
85
Penn.—6s. coup., 1910
STOCKS.
87
Schuylkill Nav.—
American Bell
100
12»8
1st M., 6s, 1897.Q-M
Amer. Speaking... 100
25
2d M.,6s, 1907..JAJ
Blanchard
15%
Mort. 6s, cp.,’95JAJ
Colombia A Pan... 100
180*2
6s, imp.,cp., ’80 MAN
Continental
6s,btAcar,1913MAN
Currier Tel. Bell
75
7s,btAcar,1915MAN
Dolbear
1
Susq.—6s,cp.,1918 JAJ
East Tennessee
1
7s, coup., 1902..JAJ

112

Ask.

4*2
734

Leh. Nav.—(Cont’d)—
Conv 6s,g.rg.’94MAS

192
85

N.Y.L.AW.,guar.5.100
N.Y.L.ErieA West. 100

12*4
20

Pref. 100
do
N.Y. AN.England. 100
N.Y.N. H.A Hartf.ICO
N.Y. Ont, A West.. 100
Pref.
do
N. Y. Penn. A Ohio
do
Pref.
N Y Prov. A Rnat,! 00
N.Y. Susq. A Western.
Pref.
do
N.Y. West Shore A B.
Norf.A West,, com. 100
do
pref. 100
No. Pennsylvania..50
Northern Central... 50
Nortli’n N. Hamp. 100

15*2
180*2
1038
65
*2

...

North’n Pac., com. 100
Pref. 100
do

-

3

3*4|

6

100

138

Ohio A Miss

100

1734

Pref. 100
Ohio Southern
100
Old Colony
100

'Calif.... 100

Oregon A

Pref ...100

do

Oregon Short Lme....
Oregon Tran s-Cout
Oswego A Syr., guar..
100

Panama

Pennsylvania RR. .50
Pensacola A Atlantic..
Peoria Dee. A Ev..l00
Petersburg
100
Phila. & Erie
50
Phila. & Reading...50
do
Pref. ...50
Phila. Wilru.A Balt.50

Pitts. Cin. A St. L. .50
do

Port.Saco APorts,lsd 0

Port Royal A Augusta
Ports. Gt.F. & Con. lOo
Prov. & Worc’ster.100
Rens. A Saratoga.. 100
Rich. & Alleg., stock..
Richmond & Dan v. 100
Rich. F. & P., com. 100
do
Guar. 7.100
do
do
6
Richmond A P’b’g.100
Rich. A West Point
Richmond YorkR.AC.
Rochester A Pitts. 100
Rome W. A Ogd.. .100
do

1*2!
18
85

! Canton(Balt.)— £ 6s,g.,
[

;Fi
2->8
13

36*4

19
1638

**o*i"

61*2

8

......j

123

123
15

115

115*2

...

Boston Land

..

Maverick Land

Pullm’n Palace Carl00 (
St.Louis B’dge, 1st pref

2d pref. certificates. I
St. Louis Tunnel RR.. j
St. Louis Transfer Co.I
Stand. Water Meter...I
Sutro Tunnel
10;
Union St’k Yds

do

49%

49*2

100

90

128*2 130
1*2

...

Virginia Midland,

com.

3
13

.

•

•

•

j
■

15

Wab. St. L. A Pac.100
do
Pref. 100

Worc’terANashua.100
CANAL BONDS.

Chesap. A Delaware—
1st mort., 6s, ’86 JAJ

Ches.AO.—1>8, ’70.Q.-J
Del. Div.—6s, ’98. JAJ
Del. A H.—7s. ’91 JAJ
1st ext.,

1891..MAN
Coup. 7s. 1894. A AO
1st Pa.D.cp.,7s,MAS
LeL.N.—4*2S, 1914 Q-J
RR. 6s, rear., ’97.Q-F

90

!

25e.!

[Union
United States

|

Vjo

•10

:98

!

93

j

43

Adams

....100

70

25c. j

30
125

American

„..100

Atlantic A Pacific..25
Bank’s A Merch’ts.IOO

33*2

mortgage

| Baltimore
General mortgage...
A Ohio
Cent. A So. Am. Cable
Commercial Tel. Co...

12
18

12*4

[Central Pk.N A E.Riv.
Consol.

Franklin
100
25
69*4 69% I Gold A Stock
Bonds
Harlem Dist. Tel. Co
InternatT Ocean.. 100
84
82
Manhattan Telegraph.
16
Mexican...
100
N. Y. Mutual Un. Tel.,
ii*i *' i*12*’ i Mutual Union 68....
112*2 N. AS.Tel.Co.lst ru.b’ds
ii6*2 117*2 Postal Telegraph.. 100
.

1*0*6
113*4

Bonds, 1st 6s
106% Postal Tel. A Cable Co
So Tel., 1st mort b’ds

Price nominal; no late

transactions.

M., 7s, 1902.

9*2 Christopher A lOtli St.
Bonds, 7s, 1898
20
10*2 DryDk. E.B.A Battery
1st M., consol.7s, ’93
7*2!

Scrip 6s, 1914
Eighth Avenue

Scrip 6s, 1914
42d A Grand St. F’y..
1st mort., 7s, 1893..
Houst.W.St.A Pav. F’y
1st mort., 7s, 3 894..
Second Avenue
3d mort., 7s, 1885...
Consol. 7s, 1888
Sixth Avenue
1st mort , 7s, 1890..
Third Avenue
1st mort., 7s, 1890..

40
3

54
2
49
7

75

95

52*2

105
195
290
385
102
114

[

10S

!‘200
425
105

1505

490

4(16" 1475'

15

1*20

24
111

[

Lowell

Lynn, Mass.,G. L..100

170

1172

Salem, Mass.,

:

LI 5
40
69

2*2
21

5*2
14*4

25

100

218
216
108
160
105
162
150
110

132
110
189
114
104
240
104
245
112
140
111
180

137
116
191

116*2
105
265

•70
*25
•85

2*00
500
.01

•90

100

Navalo

>

Opliir

100

1*10

10

100

Potosi

Rappahanock
Red Elephant

1

10

Robinson Consol..
50
Sierra Nevada
100

50

Silver Cliff
Standard
Union Consol
BOSTON

1

100

100
100

MINING

STOCKS.^
4.110U0Z
25
Atlantic
25
Brunsw’k Antimon3r.5
Calumet A Hecia...25

Franklin
25
Harshaw Silver ....20
Huron
25
25
Minnesota
National
25
Osceola
25
Pewabic
25

25c,

75c.

6*2

xG

154” 155"
21c.

23c.

9%
%

Quincy
Ridge

25 x28*«
25

Silver Islet

25

105*2 3ullivan(Me.)Silver 10
255
317
150

MAN UFACT’ING
STOCKS.
Am. Linen (Fall Riv.)

113*2 Amory (N. H.)

100 10234 103
1905
1900
Amoskeag
(N.H.)
1000
100*2 101*2
124*2 125
100
Androscog’n
(Me.).
105 1106
Appleton (Mass.). 1000 1020 1025
160
195

115
300
113
190
113

170
86

Atlantic (Mass.)... 100

Baruaby (FallRiv.)...
Barnard Mfg. (F.R.)..
Bates (Me.)
100

104
95

105

ib'j"

110
1510
105
950
148
850
80
120

{Mass.) 1000 1500
Border City Mfg. (F.R.)
Boston Co.(Mass.)1000 9*40*'
Boston Belting.... 100 147
Bost. Duck (Mass.)700 X300
Chace (Fall Riv.) .100
Boott Cot.

Chicopee (Mass.) ..100

"96"

485

Cocheco (N.H.)
500
Collins Co. (Conn.).. 10

878

70

Continental (Me.). 100
Cres’t Mills (F. R.) 100

73

Crystal Spr. B1.(F.R.),
Davol Mills (F. R.) 100

Dougl’s Axe (Mass)lOO x83
Dwight (Mass.). ..500 550
85
Everett (Mass.)... 100

j
,

Fall Riv. Iron W. .100
F. R. MachineC ).. 3 (X)
F. R. Merino Co... 100
Flint Mills (F. R.) 100
Franklin (Me.)
100
Gl’be Y.MillstF.R.) 100

10134

Chicago G.A Coke. IOC

130

135

1

185

accrued interest,

•12

Iron Silver
20
Lacrosse
10
[ eadvillc Consol.... 10
Little Chief
50
Little Pitts
Mexican G. A Silv.100

50

19

.

50

Copper Falls

[160
112*2
143*2 145*2
12012 122*2

Granite (F. R.)
1000
Great Falls (N. H.)100

Williamsb’g, B’klyn 50 132

t Purchaser also pays

100
100

25

Charlest’n,S.C.,Gas.25
Cinoinnoti G. A nnlre

100

Central

5
23
8

15*4

Bulwer

Caledonia B. H
California

100

1112

People’s, Brooklyn. 10

! Metropolitan, B’klyn.
1

10<
100

10

10

1167

39%

100

Catalpa Silver

Nassau, Brooklyn ..25

25

j Citizens’, Brooklyn. 20

$95

(N. Y. A SAN. FRAN.)
Alice
Alta Montana
Amie
Barcelona
Bassick
Bechtel
Belle Isle
Bodie

1165

69*2 j

Brooklyn, L. 1

387e

220
112

129
84
96
119
79

20
125
55

$345"

GOLD AS1LVEB
MINING STOCKS

10334 104*2

Alaid. A Melrose...100 x93
Newton A Wat’n ..100 xl21

2*2

1

100

65*2

Wasli’ton City G. L.20

112 *2

Lawrence, Mass. ..100 xl23

33
25
67*2
100
98

P‘5
110
240
210
180
120
148

San Francisco G. L

50

Laclede, St. Louis. 100
Oarondelet, St.Louis 50

Spring Valley

Chelsea, Mass
100 x96
Dorchester, Mass.. 100 xlOO
Jamaica Pl’n,Massl00 x 127

25
100

29*2

355
100
30
35
5x34 60

St. Louis G. L

i*20‘

GAS STOCKS.
81*2
Balt. Consol. Gas
Boston Gaslight.. .500 750
25 x32
East Boston
South Boston
100 xl03
Brookline, Mass... 100 103
Cambridge, Mass.. 100 x!45

8%

8*8

L.56

Independence

Twenty-Third St
1st mort., 7s, 1893..

91*2

Preferred

2u

100
100

Central Crosstown....
i
1st mort., 6s, 1922..

United States
100
Wells, Fargo A Co. 100

*3 st

100

HOUSE BUS.
Blcecker St A Fult.F’y
1st mort., 7s. 1900..
Broadway A 7th Av...
1st mort., 7s, 1881..
Broadway (Bklyn.)
Brooklyn City
1st mort., 5s, 1902..
Brooklyn Crosstown..
1st mort., 7s, 18S8..
Buslrwiek Av. (Bklyn.)

100

1

50

Portland, Me., G.

Ask.

135
80
85
60

Gould A Curry S..100
Green Mountain.... 3 0
Hale A Noreross. .10 >

N.Y. A BR’KLYN

pref

AND BONDS.
American Tel. A Cable

'

100

i*6: IN. Y. Guar. A Ind..l00
|N. Y.Lifo A Trust. 100

MINING

| American Rapid

Warr’n(N.J.),l’s’d,7.50
Westell. A Phila.,pf.50
West Jersey
50
West Jersey A Atlantic
Western Maryland
Wil. Columbia A Aug..
Wilm. A Weldon, 7.100
Wisconsin Central
do
Pref.

|Farmers’ Loan A Tr.25

TEL’PH STOCKS

-

25
100

(Mercantile

100

Mutual of N. Y....100
New York,N.Y.... 100
N. Orleans G. L. ..100

..

CO.’S

Am. Loan A Trust. 100

EXPRESS ST’CKS

§19llfl 191%

Illuminat’glOO

Long Island

Municipal

Chollar
100
Consol. Pacific
100
Consol. Virginia...100
Crown Point
100
Duukin
Eureka Consol.... 100
Father De Smet
100
Gold Stripe
100
Goodshaw

100

Central

Metropolitan, N.Y.100

Chrysolite

STOCKS, N.Y.

Quicksilver Min’g.100
14 c.

1*2

United States

12*% Pennsylvania Coal.50
'

0

Sawyer-MannIll. Co..

New Central Coal...
Ontario Sil. Min’g.100

12c.

lh

Swan Incandescent...

Mahoning Coal A RR.
Marip’saL.AM.CallOO
do
pref. 100
12*2 Maryland Coal.... 100

12*4

4

175

Brooklyn Trust

Cent.Arizona Min.100
Colorado Coal A 1.100
Consol.Coal of Md.100
Homestsike Min’g.100
Leh. A Wilkesb. Coal..

89

1

England.

TRUST

STOCKS, N.Y.

12*4
94*2

50

65
90

00

I Edison European

I

ATr.Coj 12*6"

A

31*2

Daft
Edison
Edison Illuminating..
Edison Isolated

1

Oregon Ry.AN.Co.100!
Pacilic Mail SS. Co.100!

COAL

21

20
31

[United States Ill. Co..

10

Hampshire Land 25
N.Y.ATex.Ld.,Lim. 50
Land scrip
No. Riv., coiis. 100 p.c.j
Oregon Improvement, j

|

1

i Metropolitan

i Keelcy Motor

£0

1*%!

'Consol. Electric Light.

D.,pool ct.,gu.

N.

Vt.A Mass..l’sed.6.100
Vicksb. A Meridian
do
pref...

Utah Central

Brush
Brush

10

f N.E.Mtg.Secur.fBost., |

19

20
7
75

[Baxter

74%

!

48

30

ELECTRIC
LIGHT STOCKS.

i Boston Water Power..
! Brookline (Mass.)L’d5
Canton Co. (Balt.). 100
Cin.II.A
1

25
15
5

Tropical.
10
W. I. Telegr. A Tele.10

107

50

Equitable, N. Y
223*2
Harlem, N. Y
50
145
Manhattan, N. Y... 50

4
60
•75

100

Bid.

People’s, Jersey C...

1^

Selenoid
Southern Bell

60

Aspinwall Land.... 10

j

2

2
45
55
120
114
76

Texas A St.L. in Texas
4o
in Mo. A Ark.
Tol. Cin. A St. Louis
U. N.J. RR AC. Co.100
Union Pacific.... .100

116
110
59
100

Hartford, Ct., G. L..25

6L3g Jersey C.A Hobok’n 20

19%

c

Southern N.

60

61*4

32*2

Mexican Central.
Molecular

107

102*

55

24
5
2
5

Peoples
Peoples (N. E.)

STOCKS.
Amer. Bank Note Co..

j

10
40
132
137

S’west.,Ga., g'd, 7.100
Summit Branch,Pa.50
Terre H. A Ind’nap.50
Texas A N. O
100
Texas A Pacilic
100

!

RISC’LLANEOIJS

100
Pref., 7.. 100

Syr. Bing. A N. Y.100

^*79*2

Miscellaneous.

223
120

New England
New York A N. J
! New York A Penn
N. Y. State Overland.

Pullm’n Palace Car—
3d series, 8s,’87FAA 1101% 106
4th do
8s,’92FAA 111334 114
Deb’nt’re,7s,’88AAO 110314 103 *2
8tlg,7s,g..l885 AAO 102 is
St. L. Bridge A Tun—
120
1st, 7s, g.\ 1929.AAO 1117

!
!

12*2

137

I

100

1

',503!

131

1

i Mexican,

12V

120

5
38

I Metropolitan

I

Ask.

Louisville G. L
Central of N. Y

—

IICov. A Cinn. Br., 6s...
1514: Mariposa—7s,’80
Or. Imp. Company—
1st, 6s 1910, J.AD.
Oreg.R.AN.lst.Os.JAJ
Debenture 7s, 1834.
1

112
15*4
123s

9t. Joseph A Western.
St.LouisAlt. AT.H.100
do
Pref. 100
8t. Louis A San Fr.100
do
Pref
100
do
1st pref. 100
St. L. Van. A T.H
8t. Paul A Duluth. 100
do
Pref. 100
St.P.Minn. A Man. 100
Scioto Valley
Seab’d A RoanokelOO
Guar.. 100
do
South Carolina.... 100
So. A No. Alabama




TIISC’LLANEO US
BONDS.
Balt. Gas Light 6s

Pref..

Pittsburg A Western

Rutland

|

Mort. 6s,g.,1904 JAJ
9%;
9%
Uu. RR.,ist, end.,6s.
147
L47*4'
do 2d,end. 6s,g.MAN
6
! Col.CoalA Iron— 1st,6s
15

Pitts. & Con., l’sed.50

Pitts.Ft. W. A C.,gnar.7

50

pref.50
1
50 *
38*2i Susquehanna

70

|

50

do

do

10

34

Ohio Central

$39

Moms, guar., 4
100
do pf., guar.10.,100

1!

150

71^8!

I

leased, 8..50

i Pennsylvania
nqiJiSchuylkill
Nav
139*2!

157s

Ogd. A L. Champ. 100

Del. Div.

1 Lehigh Navigation..50

56

38*4
149

71*%

0*4!
15
22

118*2

Erie
Globe
Hudson River
100
Inter-Continental

CANAL STOCKS.

?

20
62
55

108

....

1*2
4*2

Norw. A Worcester. 100

do

5*2

Ask

Bid.

Miscellaneous.

RR. STOCKS.
Continued.

N.Y.Cliic. A Sr.L... 100
do
Pref. 100
N. Y. A Harlem
50

179

J In London.

Hamilton (Mass.) 1000
Hartf. Carpet (Ct.)lOO
Hill (Me)

80

99
100

'61**2
750

...

§ Quotation per share.

99L}

105

THE CHRONICLE,

180

For

Holyoke W. Power. 100 205
Jackson (N. II.)..1000 1145
80
King Philip (F. It.) 100
Laconia (Me)
400 x420

Suffolk

100

1150

Third Nat

100

90

Traders’

425
580
80

iTeniont
Union

100
100
100

I Washington

1575

i

5S0

)

405*
3 02
72

Naumkeag (Mass.) 103
N. E. Glass (Mass.)375

420
Newmarket....
Pacific (Mass.)...1000 1525

500

x970

Pocasset (F. R.)... 100
Rich. Bord’n(F.R.) 100
Roheson ( F. Riv.) 1000

Sagamore (F. Riv.) 100
Salmon

Falls(N.H.)300

Sandw.Glass(Mass.)80
Shove (Fall ltiv.). 100
Slade (Fall Riv.).. 100
Stafford (Fall Riv.) 100
Stark Mills (N.H.) 1000
Tecumsch (F. R.). 100)
Thorndike (Mass.) 1000
TrcmontAS. (Mass) 100;

135 % 1136

j 290
11*5.
'

210
200200

I 195

Brooklyn Trust...
J 195
!
Charleston.
B’k of Gluts.(NBA) 100|
99
First Nat. Chas.. .100 200

80
500
103
73
440
1550
990

1574

Chicago Nat.......1001 140
Commercial Nat.. .100i 260
First National
100! 200
Hide and Leather
I 135
Home National ...100!
75
Nat

.

L...

! Northwestern Nat. 100j
i Union National....100)

...200

|240

225
170
119
131

National

Fourth National
German National
Merchants’ National..

1418 1*414
Washingt’n (Mass.) 100
Weed Sew. M’e (Ct,)25>
Nat...
*5*6' Metropolitan
Weetamoe (F. it. >100'
Nat. Laf. A Bk. of Cum.
35
31
Willim’tic Linen(Ct)25
■Second National
817
York Co. (Me.)
750 815
tTliird National
Union Nat
BANK STOCKS.
Western German Bank

175

120
135
1100

...

Baltimore.
Bank of Baltimore 100
Bank of Commerce. 15
Citizens’
10
Com. A Farmers’. .100
Farmers’ B’k of Md.30
Farmers’ A JMcrcli. .40

Farmers’A Planters'25
First Nat. of Balt.. 100
00
Franklin
German American....
Howard
]
Marine
30
Mechanics’
10
Merchants’
100
National Exeh’ge. 100

25

People’s

Second National ..100
Third National
100
Union
75
Western
20

125

"31

100

Boylston

100

Broadway
Buuker Hill

100

100
100
100

-41 4
107

......

1004 1104
101$ 11
35

124

12
134

136
122
120
204 21
140

8J

SI 4
30

103

102

1124 113
115 4 116
100

184

100

138

Metropolitan

100

Monument
Mt. Vernon
Now England
North
North America
Old Boston

100
100

109
205

People’s
Redemption
Republic

100
100
100
50

100
100
1.100

Revere

Rockland
Second Nat

Security

100
100

100

100

Shawmut
100
Shoe A Leather.... 100
State
100




Price nominal

no

1214
106
GO 4

1001

Third National

100

...1117
121

j

110
208
130
138
122
108
61
160

98
110

97
105

103

165

j 125

x

....

57
x

501x

25)

j Butchers’A T)rovers25
|Central National.. 100
100

100

25

Citizens

1

100

Continental
Corn

Exchange

! East River
Eleventh Ward

...

i

100;
; American Exch’gclOO

(Com me re e

...

100

151
120
220
140

.

Garfield
178
180
....100
German American. .75
112 lo 114
96
961$ ! Germania
100
25
iGreen wioh.
11514 TIG

61
40
71

60
225
203
136
83
80

118

112125
140
60
120

170
130
120
69

175
135
124
70

1 22

135
55

[Nat, B’k Commerce.50
Nat.B’k Germaiit’n .50

[Nat.B’kN. Liberties 50

Republic..100
1 National Security. 100
Nat. B’k

50

People's
100
Philadelphia. Nat.. 100
Second Nat

100

117

2] 2
122

[Seventh Nat

100

105
113

110
115

50

120

128

100

103

104
117
70

I Sixth Nat

208

....100

Southwark Nat

110

Third Nat
100
Union Nat
50
Western Nat
50
West Philadelphia. 100

63
93
115

Portland) Me.

52
165
156
113
118
143

First Nat

100> 125

! Continental

57 4‘

Bank of California
116
130

First Nat. Gold...MOO

Pacific

.....

120
54
168
158
145
120
145

-----

.....

140
315
135

95

110
95
.....

92^
95

1*61
113
140‘

125
100

Last price this week.

115

Baltimore.

5

Merchants’ Mutual.50
.10
National Fire
Boston.
American F. A M. .100
.100
Boston
.100
Boylston
Dwelling House.. .100
Eliot
.100
Firemen’s.-...

Quotation ^er share.

17
65
152

4Ti

24V
42
29
29

70
70

71i$

24

71

New York.
American
50
American Excli...l00

...25
25
17
20

..70

Commercial
Continental
Eagle

100
50
..100
40

Empire City

100
30
50

Exchange
Farragut

Firemen’s
..17
10
Firemen’s Trust
Frank. A Eiup’ium

19i$
714
44

22

65

70

7%

44

50;

100
.50

Irving

100

30 ■

Jefferson

Kings Co. (B’klyn) .20;
Knickerbocker...

..30'

Lafayette (B’klyn) .50
Long fsl’d (B’klyn).50
Manuf. A Builders’100
Mech. A Traders’. ..25
Mechanics’ (B’klyn)50
Mercantile
50
Merchants’
50
Montauk (B’klyn).. 50

(B’klyn)....50

North River
Pacific
Park
Peter Cooper

People’s
Plienix (B’klyn)
Rutgers’
Standard

131

132

1244 125
694 70
100
99
118
125
1474 150

140
100
135
165
165
130

115
120
40
'

225
230
75
75
101

75
40
105
200
120

Germau-American 100
Germania...
50
50 105
Globe
Greenwich
25 [ 220
60
Guardian
100!
Hamilton.
15! 105
Hanover
Home
Howard

Star

Sterling
Stuyvesant

50

25
25
:..100

100
25

United States.. A...25
Westchester
10
Willi am sbur*r

|j Assessment paid.

120
118
50
40
120
200
80
90
90
100
40
90
57
100
100
145
80

145
75
120
105
160

100

20 140
50 100
50 130
100 110
..50
100

116
30
103

*85
30
50
26
131
135

'.

Clinton

80

1144

People’s

Citizens’

2V

28

58i$

City

54
52

il7*’ i*2*i"

...

Broadway
Brooklyn

115
75
159
85

23i$

x

Merchants’ Mutual
Mechanics’ A Traders’
New Orleans Ins. Ass’n
New Orleans Ins. Co

Bowery..

244

40
27

13i

Lafayette

Sun Mutual
Teutonia

"95"
110

16
62
149

x

Hope

*8*6"

225
110

50

New Orleans.
Crescent Mutual
Factors’ and Traders’.
Firemen’s
Germania
;
Hibernia
Home

100

223
105
236
112
6S
158
80

Queen Fire A Life.. .1
Royal Insurance
3

Niagara

7
27

Associate Firemen’s.5
Baltimore Fire Ins. 10
Firemen’s Insur’ce .18

Howard Fire

130
160

London Ass.Corp.124
Liv. A Loud. AGlobe.2
North’11 Fire A Life ..5
North Brit. A Mer. S:h

374
National
N. Y. Equitable
35
New York Fire.... 100

INSUR’CE
FIRE
STOCKS.

125
1451$ 148
105
105
150

128

Lancashire F. A L. .25

Nassau

180
145
2300
245

25

Imperial Fire

210

100
60
170
95

i "16

..

1221$; Auglo-California

1091$ 112

110
1593*
1134 114
130
1301$ Fourth National.. .100 1*14*
Fulton
30
120 V 122
100 {400
136
1361$ Fifth Avenue
152
151
Gallatin National ..50; 151

;

100

Sail Francisco.

25
25
First National..... 100

late transactions.

Mechanics’ Nat
Merchants’ Nat

London, Eng.
Commercial Union.£5
Guardian
50

90
90

108
93
100
70
150
85
105
150

100
100
100
100
100
100
50

.Etna Fire.,
Connecticut
Hartford

National

280
125
106

..10Qj

100 x ...
100;x...

100

50

86
78
110

425
305

Mutual Nat
100
New Orleans Nat.. 100 x275

.

.

300

; Franklin
loot 140
210
Fourth National
115
90
International
100
Mechanics’
100; 107
90
55
!Merchants’ Nat ..,100
147V!St. Louis National.100 120
90
109
Third National
100
90
Valle j’ National. ..100

x

100

City

200
134

Man u fact ’r’rs’ N at. 100

20
25

Orient
Plnenix
Steam Boiler

132
St. Louis.
61
B’k of Commerce.. 100
1144 V Commercial
100

!
1125

130

x

.

96

100
Merchants’ Nat...10
Nat. Bk of VirginialOO
Planters’Nat...... 100
State Bank of Va.100

11*10

xl09

j Chemical

Kensington Nat

Penn National

.

.

25
135
110
83
135
105

|155

Metropolitan

I Broadway

100

Richmond, Va.
City Bank
26

120
112

100

New York.
! America. .2

Nafc.50

122
110

130
210

125

....100
Germania Nat
100

People’s

Commercial Nat
50
Common woalth N at 50
Consolidation Nat..30

133

118

iiio*

Citizens’

State Nat
!Union Nat

....

Cumberland Nat.. .40
Canal Nat
100
Casco Nat
100
First Nat
100
Merchants’ Nat
75
National Traders’. 100

115

New Orleans.
Canal A Banking. .100

..

Columbian

1*5*6"

Hartford, €01111.

122

140
260
120
102
60
34
70
59
220

50

100

Standard
Washington
Western

112

290'

B’k of N. America .100
Centennial Nat....100
Central National.. 100

Fidelity

165

Security

150

Union
50
United States Nat. 100
Wall Street
50

,.20

20
20
20
Merchants’A Manuf 20
Miami Valley...
50
National
100

j j 75
1102

90
125
117
103
95

40

...j 76i$ [Spring Garden

100

j Western

110
143

105
142

)Chase National.... 100
1384 | Chatham
25

1294
137

Security

Hibernia Nat
Louisiana Nat..

114.6
102

Louisv. Banking Co.40
Masonic
..100
Merchants’ Nat. ..100
iNorthern of Ky ... 100
!Second Nat
100

|

72

61

100

Kentucky Nat

i

* 105

100

First Nat
100
German Ius. Co.’s. 100
German
100
German National. 100

115 4 116

180

165

City Nat
100
Falls City Tobacco 100
Farmers’of Ky ...100
1514 iFarmers’ A Drov..l00

151

Merchants’

70
50; 45
50
100! 100 1105
100[ 100 |105

100;

Louisville.
B’nlcof Commerce
Bank of KentnekylOO
Bank of LouisvillelOO
Citizens’ National. 100

ilO**

1145

140

100

United States

-.100

City National

144

98
109
100

20

Second National..IOC
Seventh Ward
100
Shoe A Leather
100
..100
St. Nicholas
I State of N. Y
100
;

155

1414 !

{150

2

100
Farmers’&Meeh.N.lOO
Girard National ....40

Hartford Nat...... 100;
Mercantile Nat
100!
National Exchange.50
Phoenix Nat..
100
State
100

137

186
65
oa
Central
City
,
100 1064 107
128
100 126
Columbian
LI 14
Commerce
100 114
113
Commonwealth... 100 111
1084
Continental
100 108
Eagle
100 1 10 til
121
Eliot
100 120
89
88
10C
Everett
115
Exchange
100 114
13 L
Fanenil Hal!
100 130
198
First National
100 195
115
100 113
First Ward
112
Fourth National. .100 110
Freemans’
100 1064 107
964 97 4
Globe
100
124
Hamilton
100 123
Hide & Leather... 100 1134 114
113
100 1*12
Howard
100 4
Lincoln
100 100
96
95
Manufacturers’.. .100
894 90
Market
100
140
Market(Brightou). 100 135
1034
Massachusetts ....250 103
221
100 220
Maverick
1274
Mechanics’ (So.B.)lOO 127
97
96 4
Merchandise
100

100
100

Connecticut River
Far. A Meek. Nat.
First Nat

50

'

Boston.

Atlantic
Atlas
Blackstone
Boston Nat

City Nat

Phcnix

First Nat

American Nat
Charter Oak Nat..100!

15
19

People’s

;

Eighth Nat

100
50;

/Etna Nat

i

145

50

20

Eureka
Firemen’s
Germania
Globe

105

25

25

100

Enterprise......

f

50
...100

| Pacific
| Park

j

150
130
200

25
20

Cincinnati
Citizens’
Commercial
Eagle

95
10

10

7o

Aurora

50 {i’oo
135

Corn Exchange

Hartford.
138

120
150
100
140
106

100

Philadelphia. §

;Commercial Bank
;

Nassau
...50
iNew York
100
IN. Y. Nat. Exch’gclOO
New York County. 100
j Milt t H National
100
1 North America
70

[Tradesmen’s

Un.Stock Y’ds Nat,100 b
Cincinnati.
Cincinnati National...
Citizens’ National

[125

4-

126

Republic

B’k of Illinois. 100i

; First

25

Cincinnati.
Amazon (new stock) 20

Ask.

901$

100

Washington

134

Oriental

Chicago.

North American ..100
Prescott
100
Shoe A Leather. ..100

128

50
Merchant s’ Exch’ge50
Metropolitan

50
110
136
95
115
100
77

.100j

iMass. Mutual

100

| Merchants’
;

jManufacturers’. ..100

1461$

[Mechanics’ A Tr..' .25
I Mercantile
100
;

Bid.

150

100

Mechanics’

1

j Insurance Stocks.
Mercantile F. A M.lOOj
Neptune F. A M.. .TOO

50

[North River.

140

People’s National. 100i

125

,

!

j
I 200

Manufacturers’

18*6'

100'
Wampanong(F.R.) 1001
Union C.Mf. (F.R.)

1150

1280 i Mechanics’
Nassau

90
285
275
654 60
95
55
95
915
910
90
80
990
935
120
115

Troy G. A IV.(F.R.) 500

1130
1295

i 110

50

Manhattan
Market

|

City National

145

Tr.. .100

j Marine

100

104 0 i Commercial
85
j Long Island
125 I

140
250

| Leather Manufts. .100
■

Fulton

136V

ici ’ ioiv

Middlesex (Mass.). 100
N arraga n s’t t (F. R.) 100
Nashua (N. ILL... 500

Peppered (Me.)

i

100

30

!i Importers’ A
| Irving

.

Ask.

Grocers’

i

100

Webster

Bid.

Bank Stocks.

| j Hanover

Brooklyn.
232V,
Brooklyn
740
i First National.
GG

Head of First Pa^e of Quotations.

Ask

Bid.

Bank Stocks.

205

Lancaster M.(N. 11)400 570
L’rel Lake Mills (F. It.)
Lawrence (Mass.) 1000 1550
Lowell (Mass)
000 585
Lowell Bleacliery. 200 232
Lowell Mach.Shop.500 730
03
Lyman M. (Mass.). 100
Manchester (N.H.) 100 135
Mass. Cotton
1000 1035
Mechanics’ (F. It.) 100
Merchants’ (F. It.) 100
Merrimack(Mass) 1000 1275

Metacomet (F.R.) .1.00

Explanation* See Notes at

Ask.

Bid.

Mining Stocks.

BONDS—Concluded.

QUOTATIONS OF STOCKS AND

GENERAL

[Vol. XL.

90
45
50
100
123
120
210

150
105
143
175
172
145
125
125
70
235
245
80
100
110
85
70 *
111
215
130
110
260
67
110
130
121
55
60
.

125
210
90
100
100
112

60
L05
65
105
110
150
90

155
80
125
110
170
105

150
110

135
121
100
46
58
115
130
125
220
j*
.

February

THE CHRONICLE.

7, 1885.J

months, to make the reduction in the debt about $293,000, as
shown above.

AND

SI at I r o ad

Chicago & Western Indiana.—This railroad company,which

% 1111111

furnishes terminal facilities for

rj 11* c c.

The Investors’ Supplement contains a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds

of Railroads and other Companies. It is published on the
last Saturday of every other month—viz., February, April,
June, August, October and December, and is furnished with¬
out extra charge to all regular subscribers of the Chronicle.
Extra copies are sold to subscribers of the Chornicle at 50
cents each. and to others than subscribers at $1 per copy.

GENERAL INVESTMENT NEWS.
Baltimore & Ohio—Baltimore & Ohio

Telegraph Co.—
January 30, a bill was filed in the United States
Circuit Court against the Baltimore & Ohio Railroad Company
to determine its relations to the Baltimore & Ohio Telegraph
Company. The bill is filed in the name of William Octavius
Ross, of Orange, N. J., who holds a small amount of Baltimore

At Baltimore,

& Ohio stock. The bill claims that the Baltimore & Ohio
Railroad Company has no warrant of law under its charter
for the establishment of such a telegraph company as the one
now existing, and that the railroad company has been and is
likely to be seriously affected by its telegraph company, and
that the value of the stock will be depreciated thereby.

Burlington Cedar Rapids & Northern.—The following is
exhibit of earnings and expenses in December and for the

an

year:
December.

/

1884.
Gross

earnings
earnings

1834.

,

18c3

$288,451

$201,207

183,551

$2,790,459
1,917,769

$2,816*772

184,314
$104,137

$77,656

$378,690

$^78,595

Operating expenses
Net

Year.

>

1883.

1,963,177

Canadian Pacific—Montreal Portland & Boston.—The
first-named company obtained a judgment, January 20, at
Montreal for $1,500,000 against

the latter corporation, for

money advanced.
The Boston Traveler says that this is
understood to be the first step of the plaintiffs in taking over
the road as an outlet for the Pacific to the American seaboard
In the winter.
The road has never paid its way, and is deeply
in debt in the United States and Canada.
It was formerly
controlled by Hon. Bradley Barlow of Vermont, but since his
disastrous failure a year ago, the Canadian Pacific has held it
under order of the court.

Central of New Jersey.—Holders of coupons on New Jer¬
sey Central first mortgages, on presenting their coupons at
the New York office Feb. 2, were offered checks upon Barker
& Co. of Philadelphia.
Some of the bond-holders accepted
them and others declined them, claiming that the interest was

payable in New York in cash and that the

coupons should be
canceled.
The Philadelphia Press says: “ It is claimed by some bank¬
ers that the purchasers of
coupons stand in precisely the same

position

creditors

do the bondholders themselves but
have a claim prior
and, more than
that, the bondholders, by accepting the cash for their
coupons from an outside party, forfeit their right to interfere
in a foreclosure and assist in piling up an indebtedness prior
to their own bonds.
In case all these coupons are purchased
it will make a total of $1,181,250 purchased for account of the
Reading Company, of which $125,000 is owing Drexel, Morgan
& Co. on account of general mortgage coupons due July 1;
$618,750 for consolidated coupons due December: $1,202,500
due C. & H. Boric for Jersey Central coupons of January 1,
and $175,000 for Jersey Central firsts due February 1.”
as

as

others assert that the purchasers of coupons
to that of the bondholders themselves,

Chicago & Eastern Illinois.—The financial exhibit of the
Chicago & Eastern Illinois Railroad Company for the six
months ended Dec. 31, 1884, is appended, the figures being
actual except December operating expenses, which are closely
estimated

:

Gross

earniuga, six months
Operating expenses, December estimated
Net

earnings

Less interest cnarges

Surplus

$857,656
451,10i
$406,551
257,253

Construction and equipment, charges

$149,293
$109,822

Floating debt Dec. 31,1834

$581,143

Decrease since June 30

Car trust bonds

outstanding, Docember.31, 1884

Decrease since June 30

Due for current expenditures, December 31, 1834
Decrease from June 30

Payments on Adams contracts for equipment
Paid for steel rails, on hand for future use
The

$133,007
$.’98,000
$16,000

$150 090
$45,000
$26,355
$ 17,500

a number of railroads entering
Chicago has fixed rentals amounting to $666,450 per year,
while its annual charge for interest on its bonded debt is only
$533,799 per annum; the surplus income -over the amount
required for interest is applied as a sinking fund to retire the
principal of the bonds. In the “Hand-book of Railroad
Securities” the net income for the year ending June, 1883, was
stated as $526,164 when the actual interest charge on bonds then
out was only $180,000; but some of the readers of the hand¬
book not looking carefully to the year mistook the
earnings of
1883 for 1884, and thought they had discovered a
deficiency in

the income to meet the bonded interest.

Connecticut Central.—A dispatch from Hartford, Conn.,
Feb. 3, said: “Application was made to the State Treasurer to
foreclose the mortgage on the Connecticut Central road. The
road runs from East Hartford to the Massachusetts line, and

part of the New York & New England system, forming its
Springfield branch. It is leased and operated by the New York

a

& New

England road.

The mortgage is $325,000,

having been paid since April, 1879.
trust

The bonds

no
are

interest
held in

by the New England road.”

Payton & Ironton—Toledo Cincinnati & St. Louis (S. E.
Division).—The Bondholders’ Committee of the Southeastern
Division of the Toledo Cincinnati & St. Louis Railroad Company,
in Boston, gives notice that they are now prepared to deliver
preferred stock of the Dayton & Ironton Railroad Company
in exchange for the certificates of deposit of the first mortgage
bonds of the Toledo Delphos & Burlington Railroad Company,
Southeastern Division, as follows :
To the holders of said first mortgage bonds who have signed the trust
agreement of March 25, 1884, and paid all assessments levied by tlie
committee, preferred stock for the face of their bonds, and preferred
stock for the two years’ interest accrued to October 1, 1384.
To the holders of such of said bonds as have not signed the agreement
referred to, but who shall sign it. deposit their bonds, with the coupons
pertaining thereto, and pay an amount equal to the said assessment
within ninety days from November 1,1884. preferred stock at the rate
of 50 per cent on the face value of their said bonds.
To tlie holders of the purchased coupons of the Toledo Delphos <fc Bur¬
lington Railroad Company, Southeastern Division, maturing April 1,
1832, and October 1, 1882, preferred stock at par for the face value of

said coupons.
The preferred stoc k is issued in sums of $100 and

multiples thereof.

Denver & Rio“Gran<le.—Messrs. C. Sligo de Pothonier and
D. Parrish of the London bondholders’ committee, who visited
the United States last

fall, have made their report in London
the affairs of this company. Tlie report is a very in¬
telligent one and agrees substantially with that of Mr. Flem¬
ing of the Scotch committee, which has already been com¬

upon

mented on in tlie Chronicle.
These gentlemen, who have
made a careful study of American investments for years past,
are able to take a very clear and comprehensive view af the
status of our railroads, and their opinions of the ultimate
value of any proper t}T are not clouded by the temporary depres¬
sion under which financial interests are now suffering.
The report says : “ After providing for priorities, including
the interest on rolling stock certificates, the net earnings are

equal to about 4 per cent on the consolidated bonds ; tlie limit
of safety, therefore, must be below that rate.
Tt is therefore
proposed to issue to consolidated bondholders new bonds,
equal in capital amount to their present bonds, but bearing
a
lower rate of interest, probably
per cent, and to
give them in addition, as compensation for the reduction
in
interest
and
tlie
capitalization of four coupons,
amount of preferred stock carrying such a rate of
an
dividend as will insure to them, as near as may be, their full 7
per cent interest, if earned.
There should also be a sufficient
amount of bonds created, but kept in reserve (under strict
provisions as to their issue) to provide for the future capital
requiremnts of the company. This we regard as most essen¬
tial, otherwise the company will be cut off from the ability
to raise money in tlie future for capital purposes, and the ex¬
perience of previous reorgazations teaches this to he a fatal
mistake. It will be absolutely necessary to capitalize the roll¬
ing stock trusts on fair and equitable terms; or, failing this,
(the contracts being extinguished bv foreclosure), to provide
tlie necessary equipment on tlie bssis of present low prices.
The money necessary for the improvements and the better¬
ments of the line it is proposed to raise by an assessment on
the stockholders, giving therefor an equitable amount of
preferred stock.”
Denver & Rio Braude Western.—A statement of the op¬
erations of the Denver & Rio Grande Western Railroad Com¬
pany from July 12, 1884, when the lease was abandoned, to
December 31, is as follows: Gross earnings, $490,396; operat¬
ing expenses, $361,384; net earnings, $129,012. Deduct taxes,
rental and equipment, $32,364; leaving a balance, expended
and being expended on betterments, of $96,647.
It thus ap¬
pears that in tlie extreme depression of 1884, and under the
least favorable circumstances as to operations, this company
earned about one half the current interest on its bonds.

East Tonn. Va. & Georgia.—It is stated that the funding
scheme of the East Tennessee is progressing very favorably,
and that holders of the debenture bonds, $1,200,000; Cincin¬

equipment has been increased by the purchase of 100
refrigerator cars, fifty of which have been delivered, and the
remaining fifty will be delivered in February. There has been nati & Georgia, $2,000,000; car trusts, $1,800,000, and $5,000,expended, since the reorganization of the company, in equip¬ 000 consols, have agreed to the proposed plan. The assenting
ment and improving the property, $1,847,935.
Sales of first consols continue to come in rapidly, considering their wide
consolidated mortgage gold bonds, which were issued for the distribution.
Green Bay Winona <fc St. Paul.—Tlie Green Bay Winona
purpose of funding the floating indebtedness, have been made
tow an extent sufficient, with the surplus earnings for the^six & St. Paul road defaulted Feb. 1 on its^first mortgage interest




THE CHRONICLE.

182

has been

already provided for and will be paid at maturity.
Any reports to the contrary are without foundation.” An¬
other member of the committee said that the meeting was
devoted to routine matters, and that rumors that default

due, to the amount of $48,000. The cause is inability to earn the
interest. For the year ended June 30 the company showed a
deficit of $17,492, and the previous year a deficit of about
$11,500. In the calendar year 1884 the gross earnings fell off

would be made

$87,500, nearly 20 per cent, from 1883.
Hannibal & St. Joseph.—Three

[VOL. XL,

were

millions of consolidated

mortgage bonds of the Hannibal & St. Josepli Railroad have
been awarded to Kuhn, Loeb & Co. of this city. Several
banking houses in New York, Boston and Philadelphia bid
for them.
The price paid is stated to be 110. These are 6 per
cent bonds, due March 1, 1911, and are part of an issue limited

on

merely Street

the first consolidated bonds
rumors

on

March 1

designed to affect the stock market.

New York & New England.—The board of managers

of the
England Car Trust have issued a circular to certificate
holders, recommending acceptance of the New York & New
England Railroad Company's proposition for an exchange of
these certificates for second mortgage bonds, and requesting
to $8,000,000, $5,000,000 of which can only be used upon the holders to deposit their certificates with the American Loan &
redemption of an equal amount of bonds- secured by prior Trust Company February 1. The proposition of the company
mortgages, the proceeds to be used toward the retirement of is as follows :
the company’s 8 per cent mortgage bonds maturing March 1,
To the Chairman ami Board of Managers of the New England Car
Trust Association : As the result of our latest interview witli the com¬
1885, of which there are about $3,700,000 outstanding.
mittee appointed by your board, the New York & New England Railroad
Huntingdon & Broad Top.—The annual report gives the Company now submits the following as its dual proposition for the set¬
total earnings for the year at $333,560 and the expenses tlement of the car trust indebtedness :
First —The Car Trust Association to be dissolved and merged into the
$157,836, leaving the net earnings, $175,724. This is a de¬ New
York & New England Railroad Company.
crease in net earnings as compared with 1883.
Second—The railroad company to issue in place of the $1,241,000 car
Lake Erie & Western.—The Lake Erie & Western and Lake trust certificates now outstanding, second mortgage bonds, payable
Erie & Mississippi railroad companies will meet March 28 August 1, 1902, to.the same amount, and bearing interest from Feb. 1,
1885, at the rate of 3 per cent per annum for live years, then 5 per cent
for the purpose of effecting a consolidation, so that the ex¬
per annum for the next two years and 6 per cent for the remaining
tensions for which money is provided will be completed under period.
New

*

the

name

in lieu of all claims on
1885, on the outstand¬
ing car trust certificates at the time of the exchange, the said payment
amounting to $50 on each certificate.
Fourth—In addition, the railroad company will also settle any small
bills which may be outstanding that belonged to the trust.
In conclusion, wo beg to say that the speedy acceptance and conclu¬
sion of the above pioposition will greatly assist the finance committee
in tlieir endeavor to restore the property to the corporation.
We beg also to say, since the company lias no cash with which to meet
this indebtedness, and since its first mortgage bonds are all issued, we
have therefore offered to the car trust holders the very best settlement
which the company can make. Yours truly,
(Signed)
F. L. IIigginson,
Chairman Finance Committee N. Y. & N. E. RR. Co.

Third- The railroad company to pay in cash,
the receiver, the overdue interest to February 1,

of the former company.

this company

of
for December and for six months, in 1884 and

1883,

follows:

Louisville & Nashville.—The gross and net earnings
were as

Gross earnings.—,
1884.
1883.

,

JVet earnings.——.

.

$1,000,104 $1,124,776
1.117.313
1,251,127
1,331,170
3,145,366

July
August
September

1883.

$135,233

$137,760
534,084
570,742

482,082
477,631

701,303

1,291,714
1,199,596
1,292,127

1,501,465
1,307,394

592,903
522.607

1,272,924

605,749

492,429

$7,106,220

$7,794,865

$3,172,634

$3,272,347

October
November

December
Total 6 mos

1884.

535,629

The second mortgage bonds of the railroad company are
already signed for delivery. The settlement of this question
in the manner proposed will benefit both the first and second
mortgage bonds by adding the equipment to the security.
—A dispatch from Worcester, Feb. 3, said: A meeting of the
stockholders of the Norwicli & Worcester Railroad is to be
held in this city on February 18, to consider the proposed reduc¬
tion from 10 to 8 per cent in the annual rental of the road to
the New York & New England Railroad. The Norwich direct¬
ors, it is understood, will recommend the acceptance of the

Telegraph.—At a meeting of the Board of Direct¬
semi-annual dividend of 4 per cent was
declared, payable Feb. 11. The net profits for the year ended
Dec. 31 were over 10% per cent. The company is without
indedtedness, and has an available surplus amounting to
Mexican

ors

of this company a

$211,337.
Missouri Pacific.—The following statement for 1884 comes
from St.

Louis, and is presumed to be correct, though not

confirmed at the New York office.

reduced rental.

1884.

1833.

$9,153,731
7,904,683

$8,752,299
7,521,819

Grose Mo. P
Gross Iron Mt

Total gross

Operating expenses Mo. P.
Operating expenses IronMt

$16,274,118 $17,058,414
4,49 2,518
4,978,465
3,989,503
4,214,563

Changes.
Dec. $401,432
Dec.

332,364

Dec.
Dec.
Dec.

$784,2146

$9,193,028
4,175,266
3,690,120

Deo. $710,927
Inc.
84,434
Dec.
157,804

$7,792,016
2,032,720
2,398,770

$7,865,380

Dec.
Dec.
Dec.

$73,370

Total
Balance Mo. P
Balance Iron Mountain....

$1,431,490
2,226,980

$4,826,855
2,087,090

$395,365

1,133,546

951,4 41

Dec.
Tuc
Ino.

Total balance
Other income

$3,300,526
399,793

$3,038,531

Inc

$321,995

$3,760,319

$3,573,246
2,097,348

Inc
Inc

$1,475,898

Inc
Inc

Total net

Int., leases and taxes Mo. P.
Iut., leases and txs.Iron Mt.

Applicable to div

2.088,176

2,738,679

534,715

2,100,000

Dividend 7 per cent
Balance surnlus
Earned on $30,000,000

$1,660,319
stk.

1L-9 %

12-5?;

Mobile & Ohio.—The gross and net earnings
were as follows :

.

.

Dec.

55.456

139,890

2,652

.

.

$18 4,421
0-6%

in December

and for six months
,

Gross earnings

Operating expenses
Net earnings

December.
1384.
1883.

July 1 to Dec. 31.

,

.

1884.

Western.—This company gave

The mortgage limits the entire issue to $4,000,000, and pro¬
vides that $2,000,000 thereof shall be used for payment of float¬

134,922

$187,073

&

each class, to the Mercantile Trust Company, as trustee.

182,105

.

Ontario

principal payable September 1st, 1914, with interest at six per
cent per annum, payable March 1st and September 1st,
redeemable, however, upon notice, at $1,100 and accrued inter¬
est.
The bonds are part of an issue secured by a mortgage
which is a first and only lien upon the property now owned
by the company, and such as may be hereafter acquired,
executed, with the assent of a majority of the stockholders of

339.909

.

York

subscriptions would be received on and after Feb¬
ruary 2d, and until 28th day of February, 1885, for any or
all of $2,000,000 of the first mortgage bonds of the New York
Ontario »& Western Railway Company at 90 and accrued
interest. The bonds are of the denomination of $1,000 each,

485,867
225,060

$3,482,101
4,259,700
3,532,316

Total operating expens.
Net Mo. P
Net Iron Mt

New

notice that

1883.

$284,637

$289,246

$1,18 4,026

140,907

129,248

795,359

$1,292,529
769,191

$143,730

$159,998

$383,667

$523,338

ing debts and for other purposes of the company, but that the
remaining $2,000,000 shall be issued for no other purpose than
to retire the preferred six per cent stock of the company, or to
cancel the preference given such stock over the common
stock. The first mentioned $2,000,000 bonds are those now
offered for sale, while those last mentioned are held by the
Farmers’ Loan & Trust Company, as trustee, for the sole and
special purpose named in the mortgage.
The proceeds of the $2,000,000 of bonds now offered are to
be applied to the payment of the current indebtedness of the
company, which now amounts to about $1,600,000, and to the
improvement of its property. This indebtedness was incurred
for equipment and improvement of the company’s property,

City & Northern.—United States Marshal Joel and in the extension of the line to New York.
The mortgaged property consists of the railroad, equipment,
B. Erhardt, who was appointed receiver of the New York City
interest
on the lease of West Shore, and interest with West
& Northern Railroad by Justice Donohue of the Supreme
Court on Tuesday, has taken formal possession of the affairs Shore in the terminal property.
of the road.
The accounts of Arthur Leary, whom he suc¬
New York Susquehanna & Western.—The committee on
ceeds, have been referred to John Whalen for examination, securities at the New York Stock Exchange reports that the
and the Mercantile Trust Company has been designated as the coupons due February 1 of the New York Susquehanna &
Western debenture 6s are paid one half cash, and the balance
place of deposit for the funds of the company.
New York Lake Erie & Western.—The statement of gross funded for ten years. The committee has directed that these
and net earnings for December a nd from October 1 is given bonds he called coupon on and coupon off until further notice.
New York Wrest Shore & Buffalo.—Ex-Judge Horace Rus¬
below, and the gross earnings include 68 per cent of the earn¬
ings of the New York Pennsylvania & Ohio leased line, the sell, one of the receivers of the West Shore Railway, declares
other 32 per cent of the earnings of that line being paid as that rumors, circulated about a conflict between West Shore
rental. The net earnings are correct, and show the actual bondholders and the terminal bondholders were entirely with¬
results to the New York Lake Erie & Western Company.
out foundation. He said : “The story is circulated by those
inimical to the West Shore road, who, for their own purposes,
Gross Earnings.
Net Earnings.
wish to frighten the holders of its securities.
1884.
1883.
1884.
1883.
Both the rail¬
October
1,«67.857
2,411,146
627,842
843,368
way and the terminal bonds are largely held by the same per¬
November
1,703,338
2,180,982
487,825
703,078
sons.
They are acting in entire harmony, and are now
December
1,570,335
1,823,568
350,343
226,342
engaged in perfecting the plan for a reorganization which
Total 3 moa. $5,141,580
$6,415,696
$1,466,010
$1,772,788 shall protect both interests.
It will soon be submitted to the
Not a dollar of receivers’ certificates has been
—After the regular monthly meeting of the executive com¬ bondholders.
mittee, on Thursday, President John King said in reply to issued by the receivers for less than par. They are the first
inquiries about the company’s affairs : “The March interest lien, as every well-informed man knows. Four-fifths of all




New York

,

,

,

.

THE

February 7, 1885.]
the receivers’ certificates have been issued to

mortgage bond¬
holders, who know that they are perfectly good security.”
Northern Pacific—The full record of

earnings, operating

expenses and fixed charges for six months will be found in
the editorial columns of the Chronicle. The land sales for
six months ending Dec. 31, 1884, were as follows:
Divisions.
Acres.
Minnesota and Dakota.... 84.598
Missouri & Pend d’Oreille 28,680

Amoiint
Sales.

$483,695

.

4.A

CHRONICLE.

Receipts.
In Gash. St’ck <£ Bds.

*

$629,303

115,654

$36,824
103.018

$784,735

$237,215

$629,303

183

bonds, who has issued

circular showing at length the injuamortgage bondholders under the
plan. A meeting of general mortgage bondholders will be
held on Wednesday next, the 11th of
February, at 3 o’clock,
in the building of Messrs. M. Thomas &
Sons, No. 139 South
Fourth Street, Philadelphia. The circular states that thus far
the holders of $2,000,000 in bonds have been heard from.
a

tice to be done the general

bill in equity for the foreclosure of the
Reading Rail¬
road income mortgage has been filed in the United States Cir¬
cuit Court.
The complainant was Hugh H. Penny of New

Jersey, the
Totals

.....158,010

Sales, &c., since July 1, 1884.
158,010 53ioo acres for
Total amount of sales, including town
Total receipts in cash
Total receipts in stock and bonds

Deferred land

$784,735
lots

payments (notes receivable)

791,808
237,215
629,303

on

Dec. 31, 1884.

Applicable to retirement of preferred stock
Applicable to retirement of Missouri and Pend d’Oreille
Division

$1,141,107

mortgage bonds

Applicable to retirement of general 1st mort. bonds
Total

‘

1,213.854
685,972

Preferred stock

outstanding June 30, 1884
Canceled, six months ending December 31,1884

$3,040,933
$39,807,068
551,503

Balance

$39,255,564

outstanding December 31

Ogdeusburg & Lake Champlain.—The Ogdensburg & Lake
Champlain Company was temporarily enjoined Tuesday from
paying interest on the Lamoille Valley extension G per cent
bonds,

owner of ten bonds of the sum of $1,000 each of
the income mortgage loan of December, 1876. The
complain¬
ant’s counsel said: “It would be a matter of regret if the
railroad’s property should have to be sold, but if that must be,
it would be better for the income bondholders and for the gen¬
eral creditors to have it done under the income
mortgage than
under the general mortgage.”
—The result of the joint operations of the

Philadelphia &
Reading Railroad and Coal & Iron Company in the month of
December (including Central of New Jersey Railroad,
leased),
was a decrease of $17,714 in
gross earnings and an increase
of $92,010 in net, compared with December, 1883.
For seven
months from June 1 there was a decrease in gross earnings
of
$4,208,567, and a decrease in net of $2,616,448, compared with
1883.

.

June

Gross
1834.

Receipts.

$3,232,121
4,201,476
5,247,755
4,451,059
4,670,165
4,199,709
3,390,385

July
August
September
October
November
December

v

Net Receipts.

/

1883.

1884.

$1,359,221
4,418,840
5,404,137
5,194,411
5,405.028
5.411,501

■

—\

1883.

$870,441
1,264,496
1,928,379
1,302,152

$1,237,263
1.504,347
2,052,578
1,843,154

1,343,260

2,051,260

$350,000 of these bonds,
1,737,581
2,466,685
of which the New York Central Railroad Company held
3,408,099
871,157
779.447
$175,000, according to its last report. The suit is brought by
Total for 7 mos. $29,392,670 $33,601,237
$9,313,286 $11,934,734
Boston holders of Ogdensburg & Lake Champlain income
The earnings of the Central of New Jersey were
separately
bonds, who allege that the guarantee is iilegal.
stated until June, 1884, and the comparative statement of
Ohio Central.—The properties of the Ohio Central Coal
gross and net earnings of both companies from Dec. 1 to May
Company are to be sold, under foreclosure of the mortgages, 31 was published in the Chronicle
of July 5, on p. 22.
Feb. 19.
Port Royal & Augusta.—A dispatch from Augusta, Ga.,
The Ohio Central Railroad committees are considering anew
scheme of reorganization, upon which it is hoped that all in- Jan. 30, says: “ A bill of complaint has been filed in the clerk’s
office of the Supreme Court, praying for the appointment of a
terests]can unite. Orders for the foreclosure sale of the Ohio receiver to take
charge of the Port Royal & Augusta Railway
Central Railroad were issued on Feb. 4, to be advertised sixty
Company.
The
action is instigated by the holders of the sec¬
days. The terminal property in Toledo will be sold separately
ond mortgage bonds of the company, who allege that the Cen¬
from the main line of road.
tral Railroad & Banking Company, now owning a
majority of
Oregon & California.—The London & San Francisco Bank the stock and operating the road, is
compelling it to pay the
has suspended purchases of Or. & Cal. Railroad
coupons. interest and sinking fund on a third
mortgage made to that
When proceedings were taken for the appointment of a
receiver the bank refused to go on buying coupons, as the company, and leaving unpaid all the interest on the second
mortgage bonds.”
directors refused to be any longer responsible.
By the last statement there were only $121,000 second mort¬
Oregon Pacific.—x\T dispatch from San Francisco announces gage bonds outstanding.
The first mortgage bonds are $250,the completion of the first section of the Oregon Pacific Rail¬ 000, and the
general mortgage bonds, which are income bonds,
road, consisting of seventy-two miles from Yaquina Bay, on amount to $1,500,000.—Railroad Gazttle.
the coast, to Corvallis, in the Willamette Valley, one
of the
Shenandoah Valley.—Following is the statement of earn¬
principal business centres of Oregon. The first steamship of ings and expenses
for December and for the full year:
the line to be operated in connection with the road was
placed
December.
For Year.
in commission some weeks ago, and will run between
1834.
1883.
1881.
Yaquina Cross
J*83.
earnings...*
$53,882
$63,358
$742,371
Bay and San Francisco. This new route from Central Oregon
$854,415
Expenses
50,745
51,248
to San Francisco is said to be much shorter than
613,015
662,157
any other in
point of distance and time. It is also claimed that the risk
Net earnings
$3,136
$9,110
$129,350
$192,257
and delays of transportation are much less than
by the Colum¬
Stock Exchange New Securities.—New securities were
bia River route, owing to the absence of the bars that at times
listed by the Governing Committee of the Stock
Exchange
impede navigation in that river, and the fact that the harbor this week as follows:
at Yaquina Bay is accessible in all weathers.
The construc¬
Texas & Pacific Railway
Company—$6,500,000 of new
tion of the road eastward will be prosecuted
during the present general mortgage and terminal 6 per cent bonds. These bonds
year.
are dated Aug. 1, 1884, and are
payable Oct. 1, 1905. They
Philadelphia X Erie.—The Pennsylvania Railroad Com¬ cover the company’s entire line of railway, extending from
pany has made propositions looking to some sort of reorgan¬ Goldsborough to El Paso, Texas, a distance of about 1,487
ization of the Philadelphia & Erie.
It is said that the Penn¬ miles.
Chicago Rock Island & Pacific
sylvania will propose to take 4l4 per cent debenture bonds for
Railway—$3,000,000 of
the past due coupons it holds and to reduce the dividend on the first mortgage extension and collateral bonds. ‘ The bonds
are payable
the 50,000 shares of preferred stock it holds from 8 to 7
fifty years from July 1, 1884, and are issued at the
per
cent and to make it lion-cumulative.
The matter will ba rate of $15,000 per mile of completed road.
Burlington
Cedar
submitted to the Philadelphia & Erie stockholders at the an¬
Rapids & Northern
Railway
Company of Iowa.—The committee
nual meeting on February 9.
granted the application
to list $1,649,(00 of additional consolidated first
mortgage and
Philadelphia & Reading.—The movements and counter collateral trust bonds, making the total amount
on the list
movements repeating the reorganization of
Reading are so $4,666,000. The bonds mature April 1, 1934, and bear interest
mixed up as to require much sifting to get at the real situa¬ at the
rate of 5 per cent. *
tion.
The time for the acceptance of the
The Committee on Securities have directed
plan of reorganiza¬
that, in view of
tion proposed by'the managers expires March 31. The extent the
default in the coupons on the first
mortgage 7 per cent
of the approval of the plan will not be made
public until that bonds of the Central Railroad of New Jersey, those
bonds
time. Acceptances by the creditors will not be considered shall 1)3 called “
coupon on ” and “coupon off ” until further
binding upon them until the public announcement by the notice.
managers that sufficient acceptances have been received to
Union Pacific.—The Court of Claims at
Washington lias
carry the plan of reorganization into effect.
As to the other decided the
long-pending cases of the Union Pacific Railroad
proceedings—
Company versus the United States. Chief-Justice Richardson
1. The committee of seven stockholders
appointed under delivered the
opinion of the court. The precise effect of this
the “Collis resolution” to examine into the
management and decision was not known at
affairs of the Philadelphia &
first, as the state of the accounts
Reading Railroad held a meeting between the
company and the Government was not ascer¬
at the office of the company.
The only business transacted
tained, but the net balance due
was the mapping out of the future
company to the United
proceedings of the com¬ States is now figured as $916,840.by the
The statement is made up
mittee and the appointment of the sub-committees, which
as follows
by Mr. Mink, for the company :
consist of two on each branch of the
investigation, and Mr. B.tlance to December 31, 1882
John Taylor, of London, is to be added to
$1,727,742
any and all com¬
Demand for 1883
mittees upon which he may desire to serve.
718,814
as per

guarantee.

There

are

/

,

,

,

—

2. The movement of stockholders and bondholders in favor
of the reorganization plan is led by the firm of Barker

Brothers,
who are obtaining the Signatures of
prominent firms and
individuals to the company’s plan,
3. The opposition of bondholders to the
plan of reorganiza¬
tion is led by Mr, H, W, Bartol, a holder of
general mortgage




Total
Deduct—
25 per cent new construction, &.c
Cash paid in 1881
Cash paid in 1884
Total deductions

Balance due United States

$2,446,557
$741,542
69,358
718,814-

1,529,716

$916,840

THE CHRONICLE.

184

The following is a synopsis of the points decided :
•1. The amount allowed by the Treasury Department

for

carrying the mails, being the same rates allowed by Jaw to all
other railroad companies, is a fair and reasonable compensa¬
tion and not in excess of that paid by private parties for the
same

[Vol. XL.

ommmiai 'jjimes.

3£hje

kind of services.

2. The United States

Friday
are

bound to pay for the transporta¬

tion of their passengers (troops,

&c.), from Council Bluffs to

the bridge and between Council Bluffs and
Ogden, the same rates paid by private parties, these rat s
being fair and reasonable; and the United States are not
entitled to the reduction accorded to passengers who purchase
through tickets between New York and S.in Francisco and
Omaha,

over

EPITOME.

COMMERCIAL
The weather has become less
many quarters come reports
and general manufactures.

Night, February 6, 1885.
severely wintry, and from

of reviving industries, iron, coal
Yet there is on all sides a dispo¬

slowly.” Expectation has been so often
disappointed that great caution is seen, not only in the begin¬
other distant places, unless their passengers"purchase tickets in ning of new enterprises, but the revival of suspended work.
The following is a statement of the stocks of leading articles
like manner.
3. The company is required to pay into the Treasury of the of domestic and foreign merchandise at dates given :
United States each year 5 per cent of its net earnings under
the act of 1862, and under the Thurman act, since its passage
1885.
1884.
1885.
in addition thereto, so much of the $850,000 as with said 5 per
Feb. 1.
Feb. 1.
Jan. 1.
cent and the whole compensation for Government transporta¬
..A.bbls.
11,496
5,726
7,143
Pork
tion will equal 25 per cent of its net earnings.
383
299
177
tcs. and bbls.
Beef
4. In determining what the net earnings are, the expenses Lard
24,204
24,182
23,096
lihds.
17,684
12,646
bona fide paid out of earnings and not charged to construction Tobacco, domestic.
16,630
bales.
47,767
47,074
60,984
Tobacco, foreign....
or capital are to be deducted from the gross earnings, although
204,468
262,759
141,917
bags.
Coffee, Rio
they are partly in the nature of permanent improvements.
60,472
89,045
66,297
Coffee, other
5. In stating the account to Dec. 31, 1882, the Court finds Coffee, Java, &c....
mats.
62,026
125,000
91,983
lihds.
20,318
31,000
26,2 83
approximately that the United States owe the company 8ugar
14
None.
boxes.
2,100
$3,975,700 and the company owes the United States $5,731,392. 3ugar
695,188
573,397
1,048, L27
Sugar
254
None.
None.
hhdrt.
Deducting one from the other and the United States are Melado
441
lihds.
253
1,400
entitled to judgment on their counter claims against the com¬ Molasses, foreign..
bbls.
1,900
4,500
2,500
domestic.
pany of $2,758,692.
[Tnese are apparently gross figures and Molasses,
No.
194,700
83,300
187,1'0
Hides
are reduced by other items to the net amount stated above.]
bales.
304,166
328,119
213,033
Cotton
38,630
bbls.
6. The accounting officers of both parties are to make Rosin
30,073
26,004
725
bbls.
4,412
1,705 •
accurate computations in accordance with the principles and Spirits turpentine
1,291
1,321
1,337
formula laid down in the findings of fact and opinions, and Tar
1,000
9,940
1,200
Rice, E. I
1,500
1,600
.bbls. and tcs.
2,500
judgment is postponed until their calculations are made and Rice, domestic
sition to “ make haste

-

.

-

.

..

handed to the Court for examination and final action.

.The earnings and expenses for
1883 and 1884, were as

follows

:

1881.

December—
Gross earning*
•

Operating expenses
Net earnings
Year endinq Dec. 31Gross earnings
Operating expenses

Linseed

December, and for the years
1883.

$2,332,118

$2,322,392

Inc.

$9,729

1,857,209

1,451,190

Dec.

293,931

$1,174,908

$871,202

Dec.

$3p3,707

Saltpetre

bales.
bales.
bales.

Jute butts
filanila hemp
Sisal hemp

Lard futures were
have

12,500

None.

None.

11,500

11,000
55,100
2,122
30,424

12,100

53,400
5,548

37,221

4.1700

10,750
16,000

dull and depressed early in the week, but

latterly shown an improving tendency, and to-day were

quite active for the spring months at advancing prices, closing
at 7*25c. for Feb., 7,32c. for March, 7‘39c. for April, 7’47c. for
May and 7*54c. lor June. Spot lard quiet, but dearer from
Net earnings
$11,770,740 $13,053,450 Dec. $1,881,716
scarcity, closing at 7T2>£(J/M5c. for prime city, 7*27j^@7,30c.
for prime Western and 7’60c. for refined for the Continent.
is as follows, from January 1 to November 30 :
Pork
closes firmer at $13 50@$L3 75 for mess and $15 50@$16
1883.
1884.
Changes.
Gross earnings
for
clear.
B icon remains nominal at 6)^@7)^c. Pickled cut
17,997
$15,390,175
Dec.
$15,2
$14 ',1 78
Expenses
12,443,114 12,18o,070
luc
205,044
meats have been very strong and fairly active at 6}^@6%c.
Net earnings
Dec. $107,222 for bellies. 5%@5%c. for shoulders and 9@9%c. for hams.
$2,302,383 $3,210,105
Beef and beet hams are quiet.
Tallow is firmer at 6 3-16c.
West Jersey.—Tins company makes the following statement Butter has been dull, and closes weak, but State creamery is
for December and tne year to December 31 :
still quoted at 23(a)36c.
Cheese is lower at 9$ 13c. for State
factory.
•
^1 w*4//^mft<]883~'
188-1.
YCCn 18S3.
Brazil
coffees
have
taken
a downward turn in values.
again
Earnings
$75,400
$83,130
$1,319,648
$1,227,654
89,120
810,343
785,757 Unfavorable advices from Havre and Amsterdam had a de¬
Expenses
80.2S3
pressing influence. To-day there was more steadiness, with
Net earnings
$2,817 Def.$13,G54
$50 4,305
$141,^97 sales of options at 7 750.- for Feb., 7*85c. ior March, 8c. for
Interest, rentals, Ac
299,375 e
281,298 A* ril. 8 10c. for May and 8’20c. for June, with fair cargoes
Rio quoted 9^c.
Mild coffees were to-day very active and
Surplus for stock
$203,930
$100,599
firm.
Raw sugars have been dud, declined 4£c., but to-day
In 1884 two dividends were paid—one of 3 per cent, payable
recovered l-16c., and closed 4 15-16@5 l-10c. for fair to good
n scrip and the other 3 per cent in cash.
The sinking fund refining, with large transactions ; refined steady at 6%c.
was increased by the addition of $12,500.
for crushed.
Molasses is dull and easier at 20c. for 50 deg.
test Cuba Muscovado.
Teas were depressed in speculative
—The Washington Life Insurance Company publishes in values early in the week, but were firmer yesterday.
To-day
the advertising columns of the Chronicle its twenty-fifth there was a fair movement in standard Japans at 23%@23JgC.
annual statement. The business of the year indicates that for April and 24L4C. for May.
R<ce in small stock and firm.
the Washington Life is not standing still, but with its advanc¬
Kentucky tobacco has been quiet and unchanged; quoted at*
ing years is growing in strength, the net assets and the oi^@7^c. tor lugs and 7@10)^c. for leaf. Seed leaf has been
amount of insurance in force showing a sub-tantial increase fairly active and sales aggregate 1,100 cases, as follows: 650
$25,791,198

14,014,438

$2^,710,139
15,037,683

Dec. $2,924,941

Dec.

1,043,225

-

.

•

,

..

the last statement.
Attention is called to some distinc¬
tive features of the Washington Lite policies which are

over

in the report.
—The firm of Groesbeck & Schley, bankers and brokers,
been dissolved by the retirement of Mr. Ernest Groesbeck,

explained

a new

has
anil

partnership has been formed with Mr. John G. Moore

Grant B. Schley as partners.
This firm will con¬
tinue the business under the mme of Moore & Schley at the

and

old place
firm will

No. 26 Broad Street, where the reputation of the old
no

doubt be well sustained.

The Bankers’ Directory for 1885 has been issued by
Messrs. Rand, McNally & Co., Chicago. It gives the banks
and bankers in the United States, Canada, Europe and other
parts of the world ; also a list of commercial lawyers, a digest
of commercial laws, and maps of the several States.
The
—

subject matter is well arranged.
—The attention of manufacturers and the dry goods trade
is called to the removal of the large .and well-known house of
Messrs. Joy, Lincoln & Motley from 43 and 45 White Street
*to 86 and 88 Franklin Street, this city, where in future their
many

friends and cusfomers will find them.

—Messrs. Brown Bros. & Co. have be -n appointed
this city for the Colonial Bank of London, and will

agents in
hereafter
represent that institution both for branch and home interest.




cases

1883 crop,

Pennsylvania,

350

cases

1882crop,

Pennsylvania, private terms, and 300 cases sundries at 4@28c.
Also 400 bales Havana, 80c.@$l 15, and 250 bales Sumatra, $1 30
(a$l 50.

generally been less active. At to-dayvs Ex¬
easier at $16 25@ $16 75 bid
Tin firm; spot closing at
17}4@17%c.; futures, 16‘95@ 17‘20c. Tinplate dull at $4 32^
@$4 45. Copper quiet and steady at ll4ll*30c. Lead neg¬
lected. Spelter dull.
The speculation in crude petroleum certificates has been
exceedingly dull, yet they show no decline, and the close
this afternoon was at 69^@69%c. per bbl.
Crude in barrels
quoted 6%@6%c.; refined in barrels for export, 73^c., and in
Metals

have

change pig iron certificates were
and $17 12J>£ asked, closing steady.

cases,

8^^10c.; naphtha, 7^c. Naval stores have been dull

drooping, and to day spirits turpentine is quoted at 30%@
31c., with common to good strained rosin $1 22%@$1 27%.
Ocean freights were fairly active early in tne week, but
with the scarcity of corn for immediate shipment grain
room has become dull at lower and nominal rates.
Vessels
from Bjltimore to Cork for orders, 3s. fid.@3s. 9d. Petroleum
charters have been fairly active, and late business includes
cases from
New York to Bombay, 23c.; refined in barrels
from Baltimore to Rotterdam, 2s. 3d.; hence to Amster¬
dam, 2s.
and

T

COTTON.
1885,
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending
this evening (Feb. G), the total receipts have reached 89.785
bales, against 75,295 bales last week. 93,911 bales the previous
week and 130,951 bales three weeks since; making the total
receipts since the 1st of September, 1881, 4,210,777 bales, against
4,092,797 bales for the same period of 1883-84, showing an
increase since September 1, 1884, of 123,9S0 bales.
Friday, P. M., February 6,

Galveston

...

53 G

804

319

..

'

Fri.

Thurs.

Wed.

lues.

Hon.

Sat.

Receipts at—

2,372

1,096

■

Total.

1.646

7;33

250

25

New Orleans...

3,4o$

2,359

8,86S

5,397

3,G31

13.640

37,35

Mobile

2,251

853

899

235

4

2,812

Indianola, Ac.

5

....

Florida

1.G0O

7,13
1,601

935

10,50

191

10

1,579

6,91

376

37

172

1,18

1,078

1,542

2,302

2,575

2,072

Savannah
Brunsw’kv Ac.

Charleston

l,OG7

.—

352

017

....

....

431

129

1.021

1,403
.

Pt. Royal, Ac.
Wilmington
Moroh’d C.,Ae

258

....

....

114

SO

10

«...

West Point, Ac

3,676

3,67

973

3,37
1,27

97

93

995

1,122

99

258

293

241

1G5

1*26

193

790

220

New York
Boston

7,39

9.61

....

......

....

46

4

35

1,13

9,087 28.992

89,78

Baltimore

35

52

Philadelp’a, Ac.
Totals this week

....

14,139

10,970 10,449 15,843

1

825

1,695

733

1,939

1,138

Norfolk

For comparison, we give the following table showing the week’s
total receipts, the total since Sept. 1,1884, and the stock to-night,
and the same items for the corresponding periods of last year.
Receipts to
February 6.

This

Since Sep.

This

Since Sep.

1, 1884.

Week.

1, 1833.

TVeelz.

IndTiola,Ao

250

New Orleans.

Savannah....

37,353
7,139
1,600
10,504

Br’sw’k,Ac.

191

427,830
10,013
1,318,071
212,915
66,585
663,476
9,577

Charleston...

6,912

478,274

Pt.Royal,Ac

376

Galveston

7,333

...

Mobile
Florida

Stock.

1883-84.

1884-85.

.

1834.

1885.

523,691
8.119

26,698

65,473

36,499 1,305,666
226,032
5,678
32,546
2,303
601,099
10,315

311,511

383.360

43,930

39.034

*55,303

67,698

11,226
75

25

1,517

150

7,364

7,233

374,782
12,143

34,721

5,514

6,731

3,209
34,992

Wilmington..

1,184

91,267

1,433

M’licadC.,Ac

10

9,423

128

7,391
3,676
3,379
1,276

498,034

12,864

31,366

261,365

4,128

11,022
514,314
173,037

78,300

319,897

46

14,714
31,319

Norfolk
W. Point, Ac.
New York...
Boston

Baltimore

...

41,527

1,132

Philadel’a.Ac

6,521
10,173
2,529

68,793

84

111,163

6,310

12,145
11,072

21,069
10,393

223

......

338,752
7.500
22,340
9,891

comparison may be made with other years, we
give below the totals at leading ports for six seasons.
In order that

Receipts at—
Galvest’n,Ac.

7,583

New Orleans.

37,353

Mobile

7,139
10,501
7,318

Savannah

Charl’st’n. A,c

11,301
36,499
5,678
10,315

15,941

8,146

20,699

6,511

54,904

24,010

47,982

52,101

9,167

5,219

L0.C07

19,027

11.607

15,12o

7,233

15,712

6,213

10,499
1,932

7,474
15,619
8,776

1.194

1,561

6.751

Ail others....

11,067
7,627

16,992
21,902

28,465
15,593

2,590
17,822
11,167

Tot. this w’k.

89,785

111,481

105,868

86,779

Wilm’gt’n, Ac

Norfoik,

Ac..

1880.

1881.

1882.

1883.

1834.

1SS5.

15,499

14,839

10,780

12,863

133,723

119,854

reach total
Britain, 14,083
the
stocks as made up this evening are now 869,002 bales.
Below
are the exports for the Week and since September 1, 1884.
Exports
Great

from—

Total

Great,

nent.

Week.

Britain.

3,715

Galveston
New Orleans..

13,564

30.832

7,792

3,021

Mobil p.

}
—

Charleston*...
Wilmington...
Norfolk!
New York

\

Baltimore...

3,081

47,759

6,727

510

2,481
74

j

.

Philadelp’a,&c
Total

Total 1383-84

10,030

j
10,493

2,975

Boston

•

•••••

|

90,432!

......

i

»•»*».
50,164

10,492
9,727
3.049!

14,083
10.S80

20,111

Includes exports from Port




276,250
257,031
79,937
09,239

nent.

93,CDS 1,786,930
i

•

12.0(15! U9..W 1.641.473

On
Feb. 6, at-*

Great
Britain.

30.635
12,400
3,350

New Orleans
Mobile
Charleston
Savannah

France.

j

7,539

!

15,464

721

None.

3,000
1,500

—

6,375
28,160

Total.

204,694

988,385
25,442

18S.785
1135,955
12,210
25,670
107,827

305,123

36s

S0,3u5
131,671
45,707

4,787

83.829

18S5.

7,530

I

6,829
15.335

185,122
187,036

853,650

None.

700

*

730.051

"The speculation in cotton for future delivery at this market
has, for the past week, been comparatively inactive, and
prices, fluctuating within a narrow range, show very little
change from last Friday. The movement of the crop and the
reports from Europe have been the active influences at work,
but there has been some manipulation.
On Saturday there
was a decline under the increased receipts at the ports, but it
was recovered on Monday, when these receipts fell below the
estimates. On Tuesday there were rumors of heavy failures
in Manchester, causing a decline, but as they were not con¬
firmed there was an advance with us on Wednesday. Yesterterday, with the rumors of a disaster to the British military
forces at Khartoum, causing depression at London and Liver¬
pool, with Manchester sympathizing to some extent, prices
here gave way a few points, but this decline was fully recov¬
ered in the later dealings. To-day there was rather more do¬
ing, but the close was slightly lower, under the military ad¬
vices from the Orient, a weak closing at Liverpool and a freer
movement of the crop.
Cotton on the spot was quoted 1-1 Gc.
lower on Saturday, and has remained^ dull all this week, and
to-day was nominally

for middling up¬

unchanged at 11

lands.

forward delivery for the week are 308,600
the total sales foot up this week
828 bales, including — for export, 728 for consumption,
100 for speculation and — in transit.
Of the above, — bales
were to arrive.
The following are the official quotations for
each day of the past week.
The total sales for

bales.

For immediate delivery

Feb. 6.

Sat.

Ordin’y $ib

S78

Strict Old..
9*96
Good Ord.. 1083
Str. G’d Ord 108?
Low Midd’g 101316
Str.L’w Mid 11

Mon Tues

Middling... 11%

Good

l l5te
Mi<l
Str. G’d Mid 11%
.

Midd’g Fail* U70
12%

Fair

Wed

S78
95,6

Sj8

0°lft

10H3
10 Hi

10%
10%

Moil Tues

Sat.

918

9916

99|6

! 9%
99ift I 99,0
11030

10%

10%

lPl6

P

jl0%

11%
115*8

11%

11*16
|l 1 %

IPs

11133

*16

11

11

llhB
111*16
11 Hi

IPe

11*4
1130

11°16

119,6

11916 11°16

P Hi

11 78

1178

12Hs

12%

1134
12%
12%

11%
12i0
12%

Fri.

Wed

11%
12ie
12:<4

Til.

Moil Tues
9 is

9%

99ie

99,e
103ft

1030

16 3s

103b
1034

Sat.

918

9%

10L*qfi 101*16 11*16

Til.

TEXAS.

NEW ORLEANS.

UPLANDS.
Jan. 31 to

Ordin’y.|lft>

87a

Strict Ord..
9516
Good Ord.. JO >8
Str. G’d Ord 10%

Low'Midd’g
Mid

Str.L’w

Middling...
Good Mid..
Str. G’d Mid
Midd’sr Fair
Fair. E

11%

;12%
|1234

10%

10:%
10%

11*16

P*16

11%
1130

11%
1130

IP'16

1

11%
12%
12%

11%
12%
12%

l916

Fri.

Wed

Th.

Fri.

9%
9^*6
1030
10%

9%

9%

878

87r

9b3

9i@

9%

95 j 6

9516

99,6

9916

9916

1030
10:<8
10%
1018
10%
10%
10%
10%
10L3lft 1013lfi 101316 11%6 11*16
11%
11
11%
11
11
1138
1130
IPs
IPs
IPs
1151« 11516 1 15xq 11916 H916
11%
1134
11%
11 Hi
11%*
12i8
12i8
1178
1178
117«
12*4 112%
12%
12 Hi
12 %
Sat.

STAINED.
...

......

93
10

6

1050

Middling...

1030
10%

1030
10%

1030
10%

11*16

11*16

11%

11%
1130

11%
1130

113*

11916 111*16
11 »4
12 Hi

12%

11%
12%
12%

8%

8%

9%6

93,6

99ifl

9%6

11*18

H!*6

11%
1130

\}>
JlJie
11%
11%
12%
12%

1210
12%

Moil Tues Wcd

8*o

Good Ordinary
Stiiot Good Ordinary
l,o\v Middlin''-

8H?
9*16

Til.

Fri.

8%

8%

9316

93,6

10

10

10

10

10

1050

1050

105g

1058

1058

and future deliveries each day during the
indicated in the following statement. For the con¬
venience of the reader we also add a column which shows at a
fiance how the market closed on same days.
The total sales
are

“5

SALES OF SPOT

SCOT MARKET
CLOSED.

391,882
59,999

308,293
393.018

311,5SS

812,563 2.911,106

356.172

657.232 2,654 St 7

l

733,341

110,569. 11,115 1 50. COO
70,069 21,636 ! 80,005

2,000
5,000

Oilier ports

week

54.827

32,382

3,050

130,721

30,544

14,717

3,535

11,699
22,259

8,809

3,500

1,000

Norfolk
New York

60.359
15.400
11.050
14 000
6,4 95
14,717
*2,700

6,0 GO

6,200
4,100
3,080

None. ;
None. ‘
None. j
None.

Stock.

Total.

251.1S2
28,580
23,671
41,303
20,203
10,049
317,197
39,556

88
None.
None.
None.

3,327

Total 188 1
Total 1883

Leaving
Coast¬
wise.

Other
\Foreiyn

Nono.
None.
None.

6.100

Galveston

Total

Shipboard, not cleared—for

MARKET AND SALES.

247,027
700

40,920

xm

Royal, ac.
i lneludesexports from West Point. &c,

*

3,535
164,639
113,668

*

6,019

France

24,742

*

1885,

Conti¬

7,470
140,397
508,733 232,575

3,715
52,238
3.021

^

Savannah

Sept. 1, 1884, to Feb. 0,
Exported to—

Conti¬

France

Brit'n.

■

Florida....:

From

Exported to—

cleared,

_

3983,518
Sept. 1. 1216,777 4092,797 4485,815 3874,317 4250.267
Galveston includes Indianola; Charleston includes Port Royal, Ac.;
Wilmington includes Morehead City, Ac.; Norfolk includes West Point, Ac.
The exports for the week ending this evening
a
of 93,658 bales, of which 59,4G4 were to Great
to France and 20,111 to the rest of the Continent, while

Week Eliding Feb. 6.

also give

at the ports named.
We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
■Sc Lambert, 89 Broad Street.

1,638

Since

1

In addition to above exports, our telegrams to-night
the following amounts of cotton on shipboard, not

us

869.062 1.043.772

89,785 •1,210,777 111,481 4,092,7.97

Total

64,975

369

84,972

185

CHRONICLE

THE

7, 1885.]

February

Sat.. Quiet
Mon .; Quiet
Tues
Very
Wed .‘quiet

at lift
-

dull

;

Ex-

I

<lec.{
|

|

and steady
TlmrsjQuiet and steady!
Fri. .'Quiet ami steady

Total.!

!

FETC RES.

AND TRANSIT.

1

Con- Spec- Tran¬
Total.
sit. |
samp ul't'n
1

14
61

1

331
243
24
55

100

728

] 00

_.i
1
|

ib jve are
actually
The daily deliveries give
previous to that cc. which they are reported.

1

Deliv¬

| Sales. {

14

01
331,
243
21

1

!

41,400
86,100
69,200

eries.

1,800
2,400

46,700

1,200
1,100

27,500

2,000

155J 31,700;

800

828 308,600

9,300

delivcre l

the

day

THE CHRONICLE.

186

Futures are shown by the follow¬

The Sales and Prices of

In the statement will be found the

ing comprehensive table.

daily market, the prices of sales for each month each day,
the closing bids, in addition to the daily and total sales.
0D

p* rj

a

<
®

®

ST

E
§
P

<D

a

3
O

®

•g

®

00

0

sr

R

fSEp
|3E! §3Ei SSEI
ffl--? bI."&

O

and

fl-"3

II

M

•

*

bales.

Stock at Liverpool
Stock at London

M
00

The Visible Supply of Cotton to-night, as made up by cable
and telegraph, is as follows. The Contmental stocks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are brought down
lpi
to Thursday evening.
But to make the totals the complete
fr<
rts trom

figures for to-night (Feb. 6), we add the item of expo
ay only.
the United States, including in it the exports of Friday

?2e|

3.M

■8

fVoL. XL.

Total Great Britain stock
Stock at Hamburg
8tock at Bremen
Stock at Amsterdam
v
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste

.

1885.

1884.

830,000

37,000

866,000
69,000

897,000

926,000

7,200
47,100
43,000

3.700

..

•

2?©

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8tock in U. S. interior towns..
United States exports to-day..

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3,130,369
follows"-

604,000
473,000
192,000
139,000
522,000
445,000
917,087 1,112,936
310,225
345,647
32,300
20,500

613,000

304,000
513,000
1,043,772
253,794

19,000

2,536,083

Egypt, Brazil, *ko., attc

46,000

57,000

65,000

60,000

458,100

638,300

657,300

594,286

Total

42,000

American....”2,523,749 2,751,566 2,577,612 2,536,083

Total visible
Price Mid. Upl.,

3,234,912 3,130,369;
d^d.
S^ied.

supply
2.981,849 3,339,866
6d.
Liverpool....
57td.

j®- The imports into Continental ports this week have been
88,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 408,017 bales as compared with the same date of
1884, a decrease of 253,063 bales as compared with the corres¬
ponding date of 1883 and a decrease of 148,520 bales as
compared with 1882.
At the Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding

period of 1883-84—is set out in detail in the following statement.
o

!-1

O ®

5

13

h-e.®
®
® ®

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08 ®

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following exchanges have been made during the week:
to exch. 1,100 Apr for May
f 00 April for June.
200 Apr. for May
500 Apr. for June.
10 j Mar. for Jane

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05 1 CiOO'*Jlt*(XC.OCM©<105-4M(CHOiO®
M

to
MM

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it*

582,200; September-December, for December, 967,800; BeptemberJanuary, for January, 2,114,100.
|y We nave included in the above table, and shall continue each
week to give, the average price of futures each day for each month. It
will be found under each day .ollowing the abbreviation “ Aver." The
average for each month for ne week in also given at bottom of table
Transferable Orders-Sarurday, ll*15o.; Monday, 11*15c.; Tuesday.
11-lOc.; Wednesday, llToe.; Thursday, 1120c.; Friday, ll*15c
Short Notices for February-Saturday, 1112 2>ll*l4c.




243,286

104,286
206,000

CO

feepieiuber, 18«4, for St ptember, 158,2u(); Septernber-October, lor October, 421,800; September-Novembor, for November

•30 pd. to excli. 200 April for July. | -11 pd.
•28 pd. to e>eh. 100 Mar. tor June. | -21 pd.
•30 pd. to exeh. 500 April for July. I .10 pd.
•07 pd. to exeh. 500 Feb. for Mar.
| -20 pd.
11 pd. to exeh. 800 April for May. *—
•26 pd.
’
1 pd. to exch. 500 April for July.

291,700

Continental stocks.
India afloat for Europe

Mm0,m
Mm ©m

lticxuuea aiut*» in

The

392,300

3,000

182,000

**
:

I I
*

4,270

77,600
99.700
157,000

2

I I
©

8,100
4,500

55,000
11,000
7,000

25S.000

f>

00

I

137,000
2,600
35,000

60,000
88,300
185,000

^

*4

1 ©:

4,100
43,000

248,000

<1

2
^

uoc

|'

165,000

4

ob-1

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1,100

217,000
37,000
104,100
54,000

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1,500

2,523,749 2,751,566 2,577,012

East Indian. Brazil, dtc.—

O'tOK)^

6

18,000

American and other descriptions are as

272,000
Continental stocks
American afloat for Europe... '474,000
869,062
United States stock
United States interior stocks.. 255,587
United States exports to-day..
10,103

CWm^
I ©O*:
tCM©

607,000
2,300
41,200
16,300

American—

M

MM

939,600
3,700
40,000

2,981,849 3,389,866 3,234,912

supply

Of the above, tlie totals of

M —

42,000

940,286
1,318,300 1,231,300
206,000
157,000
185,000
54,000
445,000
522,000
513,000
474,000
60,000
65,000
57,000
46,000
917,0«7 1,112,936
869,062 1,043,772
345,647
310,225
253,794
255,587
32,300
20,500
19,000
10,100

Egypt,Brazil,&c.,aflt for E’r’pe

M

C5Q'

77,600

6,000

376,100

opt
India cotton afloat for Europe.
Amer’n cott’n afloat for Eur’pe

«m:

I

1,100
216,000
4,000
45,000
7,000
5,000

stocks

Total Continental
^

MM

I *?•:

I ^9:

&5

•n
2 9’ a o

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tj»

HH

to to
m

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^

MM

MM;cM

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3

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—

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655,000

68,600
53,000
1,200
3,800
183,000

700

1882.

1883.
862.000

MM

M
— O'M tO

wek. This

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8

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2.

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a

3

2
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§

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—

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This year’s

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to

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■si M C ^4 4- 0i‘ © <OX O’!
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$23
*■8

X

CD
CD

M

W

MX©©M©MM

figures estimated.

The above totals show that the old interior stocks
decreased during the week 11,004 bales, and are to-night

have

1,793

February

THE CHRONICLE.

7, 18fc5.]

bales more than at the same period last year. The receipts at
the same towns have been 15,547 bales less than the same
week last year, and since September 1 the receipts at all the

187

Shreveport, Louisiana.—The weather has been generally
one rainy day, the rainfall reaching sixty- six hun¬
dredths of an inch. The thermometer has ranged from 41 to
towns are 77,893 bales less than for the same time in 1883-84.
70, averaging 54.
Vicksburg, Mississippi.—Telegram not received.
Quotations for Middling Cotton at Other Markets.—
Columbus,
Mississippi. — The weather has been fine
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each during the week, with a shower on one day, the rainfall
reaching three hundredths of an inch. During the month of
*
day of the past week.
January the rainfall reached five inches and two hundredths.
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
Little Rock, Arkansas.—It has been clear on five days of
Week ending
Feb. 6.
the
week and cloudy on two, with rain; also light rain on two
Thurs.
Fri.
Satur.
lues.
Wednes.
Mon.
nights. The rainfall reached one inch and fifty-one hun¬
105a
Galveston
lOSg
dredths.
The thaw has made the roads almost impassable,
1058
10H16
lOllie
10lli6
lO1*
New Orleans.
109j
10»16
109,6
109ia
10916
which depresses trade very much.
The thermomtter has
10 >*
Mobile
1012
lOifl
107,6
10‘itt
107,6
ranged from 29 to 68, averaging 47. Last week was fair to
Savannah.
109,6
109,6
109,6
109,6
lO^ig
10916
Charleston.
lOSg
105a
105s
clear, executing two days, with light snow on one day and a
101fl®9lfi 109)6358
Kh'ifl cb
lOSg
105s
105s
105s
105a
101116
Wilmington..
light sprinkle of rain on one.
The thermometer ranged
Norfolk
1013,6
10i31Q
101316
1013,6
1013,6
101316
from 16 to 52 and averaged 31.
We had rain on seven days
III4
1114
111*
Boston
1114
11*4
11*4
and snow and sleet on four days during the month of Janu¬
Baltimore....
ll^lDS
11*8
1D16
11*16
11*16
11*16
113s
113a
113s
113s
113s
1138
Philadelphia.
ary, and the rainfall reached four inches and four hundredths.
101*
10i*
1012
101*
1012
lOifi
Augusta
The thermometer ranged from 3 to 62 and averaged 39.
1012
lOifl
107,6
107,6
10716
107,6
Memphis
Helena, Arkansas.—We have had rain on three days and
St. Louis
107,6
10716
107,6
107l6
107,6
107l8
105q
Cincinnati...
105s
105a
103*
105g
1050
the remainder of the week lias been pleasant. The rainfall
Louisville....
105g
1058
lOSg
105g
105s
1058
reached ninety hundredths of an inch.
The thermometer has
Receipts from the Plantations.—The following table is
averaged 47, ranging from 31 to 68. Rainfall during the
prepared for the purpose of indicating the actual movement each month of January eight inches and seventy-nine hundredths.
week from the plantations. Receipts at the outports are some¬
Memphis, Tennessee.—It has rained on four days of the
week, the rainfall reaching fifty-eight hundredths of an inch.
times misleading, as they are made up more largely one year
than another at the expense of the interior stocks.
We reach, Average thermometer 49, highest 66*5 and lowest 31. During
therefore, a safer conclusion through a comparative statement the month of January we had rain on ten days, the rainfall
like the following. In reply to frequent inquiries we will add
reaching six inches and sixty-one hundredths. The thermom¬
that these figures, of course, do not include overland receipts eter averaged 36-5, ranging from 2‘7 to 65.
or Southern consumption; they are simply a statement of the
Nashville, Tennessee.—It has rained lightly on two days of
weekly movement from the plantations of that part of the crop the week, the rainfall reaching forty-two hundredths of an
inch.
Included in our receipts this week are 158 bales direct
which finally reaches the market through the outports.
from Memphis and 73 bales from Louisville. The thermometer
RECEIPTS FROM PLANTATIONS.
has ranged from 24 to 67, averaging 43.
Rainfall for January
Week
Receipts at the Ports. St'kat Interior Towns)Rec'pts from PlanVns.
six inches and twenty-nine hundredths.
lindiriQ—
Mobile, Alabama.—We had showers on two days in the
’82-’S3. !’83-’84. ’84-’85.
j ’82-’83-1 ’SO-’SL ’84-’85. j ’82-’83.|’83-’84. j ’84-’85.
early
part of the week, but the latter portion has been clear
Nov. 21
242.169 222,510 258,774 259,175 359,748 229.539 257.221 238,329 289,343
and pleasant.
The rainfall reached five hundredths of an
28
255,097 222,185 284,692 275,700 374,594 267,133 271,622 237,001 322,2S6
inch.
The thermometer has averaged 54, ranging from 40 to
Dec. 5
247,017 265,484 276,300 291,376'386,477 316,019'262,693! 277,397 325,186
12
262,015'281,163 2S9.457 299,528 410,246 335,4511270,167 304,932 308,889 73. During the month of January the rainfall reached eleven
inches and fifty-five hundredths.
19
258.170 ’ 247,733 258,340 336,993 423,577'363,866 295,635'261,064 286,755
26
251,923 201,680 207,893 379,855 422,310 363,520 294,7^5 200,419 207,547
Montgomery, Alabama.—We had rain on three days in the
Jan. 2...... 224,997 140,612 154,075 333,647 407,974 349,488'228,789 126,276 140,043
early part of the week, but the latter portion has been clear
9.
175,332! 90,245 133,994 380,248 389,898'820,785 171,983 ' 72,169 105,291 and pleasant. The rainfall reached twenty-one hundredths of
16
150,300'110,467 130,951 387,967 360,715 304,859 138,109 ! 81,284 115,025 an inch. The thermometer has ranged from 43 to 60, aver¬
23
136,400 104,533 93,911 350,749 330,900 298,080 119,182 ' 74,718 87,132
aging 51. January rainfall nine inches and seventy-two hun¬
80
171,316 112,110 75,295 347,523 299,754 280,872'168,090 80,964 58,087 dredths.
89.785
Feb. 6
343,581!282.4751271,790
161,929! 94,202 80,703
165,869'111,431
Selma, Alabama.—We have had no rain all the week.
January
The above statement shows—1. That the total receipts from Average thermometer 50, highest 63 and lowest 38.
the plantations since September 1, 1884, were 4,471,352 bales; rainfall nine inches and sixty-five hundredths.
Auburn, Alabama.—It has been showery on four days and
in 1883-84 were 4,326,116 bales; in 1882-83 were 4,812,914 bales.
2.—That, although the receipts at the outports the past week the remainder of the week has been pleasant. The rainfall
were 89,785 bales, the actual
movement from plantations was reached seventeen hundredths of an inch. The thermometer
80,703 bales, the balance being taken from the stocks at has averaged 50, the highest being 64*5 and the lowest 31*5.
the interior towns. Last year the receipts from the plantations During the month of January the rainfall reached nine inches
and twenty-five hundredths.
for the same week were 94,202 bales and for 1883 they were
Madison, Florida.—We have had showers on three nights
161,929 bales.
Amount of Cotton in Sight Feb. 6.—In the table below
during the week, but the days have all been pleasant. The
rainfall reached one inch and ninety hundredths.
The ther
we give the receipts from plantations in another form, and add
mometer has averaged 56, ranging from 42 to 70.
to them the net overland movement to Feb. 1, and also the
Macon, Georgia.—It has rained moderately on two days
takings by Southern spinners to the same date, so as to give
of the week.
Average thermometer 43, highest 65 and lowest
substantially the amount of cotton now in sight.
34. January rainfall five inches and thirty-five hundredths.
1884-85.
1883-84. 1882-83. 1831-32.
Columbus .Georgia.—We have had rain on two days of the
week,
the rainfall reaching ninety-three hundredths of an
3,874,317
4,092,797
4,485,815
1,216,777
Receipts at the ports to Feb. 6.
Interior stocks on Feb. 6 in
inch.
Our receipts this week are almost wholly at the expense
excess of September 1
327,099
335,103 of
254,575
233,319
Eufaula, Alabama. The thermometer has ranged from 32
to 93, averaging 63. During the month of January the rainfall
Tot. receipts from planta’tns 4,471,352 4,326,116 4,812,914 4,209,420
47 >,320
Net overland to February 1...
442,478
337,278 reached eight inches and sixty-five hundredths.
444,671
Southern consumpt’n to Feb. 1
144,OoO
125,090
150,000
160,000
Savannah, Georgia.—We have had rain on three days, and
the balance of the week has been pleasant.
The rainfall
Total in sight February 6... 5,057,830 4,920,787 5,445,234 4,671,698
reached two inches and forty hundredths.
The thermometer
Northern spinners’ takings to
has averaged 53, ranging from 39 to 68.
1,179.196 1,193.230
February 6
Augusta, Georgia.—It has rained on thr«=e days and the
It will be seen by the above that the iucrease in arnouut m signt
balance of the week has been pleasant. The rainfall reached
to-night, as compared with last year, is 13 7.043 bales, the decrease
one inch and thirty-five hundredths.
The thermometer has
from 1882-83 is 387,404 bales, and the increase over 1881-82 is 380,132
bales.
averaged 60, the highest being 71 and the lowest 32. Rainfall
Weather Reports by Telegraph.—The weather has been during the month of January seven inches and fifty-five
quite favorable at the South during the week, and in conse¬ hundredths.
Atlanta, Georgia.—January rainfall eight inches and fortyquence there has been a freer movement of cotton to market.
Galveston, Texas.—It has rained on one day of the week, four hundredths.
the rainfall reaching twenty-one hundredths of an inch. Aver¬
Charleston, South Carolina.—We have had rain on three
days
of the week, the rainfall reaching two inches and six¬
age thermometer 58, highest 67 and lowest 47.
During the
The thermometer has ranged from 41 to 67,
month of January the rainfall reached six inches and fifty- teen hundredths.
four hundredths.
averaging 53.
Columbia, South Carolina—During the monili of Janu¬
Indianola, Texas.—We have had rain on two days of the
week, with a rainfall of only two hundredths of an inch. The ary the rainfall reached four inches and sixty-five hundredths.
thermometer has averaged 58, the highest being 69 and the
Stateburg, South Carolina— There has been rain on three
lowest 46. Rainfall during January six inches and twentydays, and the remainder of the week has been pbasant. The
rainfall reached eighty hundredths of an inch. Average
nine hundredths.
*
Palestine, Texas.—It has rained on one day of the week, thermometer 49’3, highest 63, lowest 33.
the rainfall reaching twenty-nine hundredths of an inch.
Wilson, North Carolina.—We have had rain on two days
of the week, the rainfall reaching thirty-three hundredths of
The thermometer has averaged 56, ranging from 38 to 68.
During January the rainfall reached seven inches and forty- an inch. The thermometer has ranged from 30 to 62, averag¬
ing 48.
eight hundredths.
The following statement we have also received bv telegraph,
New Orleans, Louisiana.—It has rained on two days of the
week, the rainfall reaching eighty-two hundredths of an inch. showing the height of the rivers at the points named at 3 o’clock
The thermometer has averaged 59, q
February 5, 1835, and February 7, 1884.
clear, with

...

..

.

....

“

“

“

“

“

“

“

“




'

979,479^1,043,834

188

THE
Feb.

New Orleans

Below high-water mark

Memphis

Above low-water mark.

Nashville

Above low-water mark.

Shreveport

Above low-water mark.

Inch.
8
0
8
4

42

Above low-water mark.

Vicksburcr

Ftb. 7, '84.

5, ’85.

Feet.
1
20
10
22

CHRONICLE.

Feel.

1

Movement, &c., to February 1.—In our
to-day will be found our regular statement
of overland movement, receipts, exports, spinners’
takings,
&c., brought down to February 1.

3
5
9
1

Jute

We have
re-arranged our India service so as to make our reports more
detailed and at the same time more accurate. We had found
it impossible to keep out of our figures, as cabled to us for the
ports other than Bombay, cargoes which proved only to be
shipments from one India port to another. The plan now
followed relieves us from the danger of this inaccuracy and
India

Movement

(Jotton

Forts.

Overland

editorial columns

Inch.
5

4
26
39
9
31

all

from

[VOL. XL.

Butts,

Bagging, etc.—'The market has been farly

busy for bagging, though the orders

—

are

only for present

wants.
The aggregate amount of stock being worked off is
fair for the season.
This helps to keep prices steady, and
sellers are not willing to accept less on the lots moving than

8;5-^c. for 1
lbs., 914c. for
lbs., 10c. for 2 lbs. and 10^c. for
quality, with sales of a few hundred rolls within the
range.
A large order could probably be had a shade less,
keeps the totals correct. We* first give the Bombay statement There is not much activity to be reported in butts, though
for the week and year, bringing the figures down to Feb. 5.
some business is being done.
The transactions aggregate some
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR- YEARS.
8,000 bales, various qualities, at
for paper grades
and 2$2?sC. for bagging qualities.
The stock on hand is
Shipments this week- j Shipment* since Jan. 1.
Receipt*.
55,100 bales, which, together with the amount 011 the way,
This
Since
Year Or eat Conti-\
i Great j Conti- !
gives
an available supply of 307,258 bales, against 210,090 bales
Week.
nent.
L
BriVn.
Jan.
J Total, j Britain1 nent. | Total.
m

,

standard

.

time last year.
Comparative Port Receipts and Daily Crop Movement.

same

51,00p]

1885 4,000 14.000 18,000 15,000
1884 21,(100 11.000 S2,000 74,000
1883' 8,000 14,000 22,000 17,000
1882 27.000 4,00;* 31.000 100.000:

26,000

66,00

111.000
227 000

128,000 40,0001

81,000

211,000

170.000147,000! '235,000

(ii,ooo-!

According to the foregoing, Bombay appears to show

a

compared with last year in the week’s receipts of
8,000 bales, and a decrease in shipments of 14,000 bales, and
the shipments since January 1 shew a decrease of 91,000 bales.
The movement at Calcutta Madras and other India ports for
the la*st reported week and since the 1st of January, for two
decrease

?ears,
has Kurrachee
been as follows.
“Other ports” cover Ceylon,
uticorin,
and Coconada.
Shipment# since January 1.

Shipments for the week.
Oontinent.

Great
Britain.

Calcutta1885
1884
Madras1885
1884
All others—
1885
1884

Great
Britain.

Total.

2,000

2,000

1,600

4,000

900

1,100

1,100

1,000

1,000

Total.

1,700

10.500

2,500

21,500

2.500
3.500

2,500

3[500

5,500
3,500

1,000

16,800
26,000

2,700

19.500

2,500

28,500

2,000
1,000

1,000

-

8,800
19,000

5,600

900

Continent.

3.500

Total all—

1,000
1,000

3,900
6,100

4,900
7,700

| j;The above totals for the week show that the movement from
the ports other than Bombay i3 2,800 bales less than same
week last year.
For the whole of India, therefore, the total
shipments since January 1, 1885, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM

alt Europe

This
week.

from—

All other

66,000
19,51.0

18,000
4,900

Bombay
ports.

Total

This
week,

Since
Jan. 1.

22,900

i

j

Since
Jan. 1.

This
week,

32,000:

157.000

7,700j

28,500

39.700!

85,500

Since

|
j

Jan. 1.

22.000

128,000
40.900

8,009:

185,500

30,600

.108,900

he total movement for the three years at all India ports.
Alexandria Receipts and Shipments.—Through arrange¬
ments we have made with Messrs. Davies, Benachi & Co., of

Liverpool and Alexandria,

receive

weekly cable of
the movements of cotton at Alexandria, Egypt.
The following
are the receipts and shipments for the past week and for the
we now

corresponding week of the previous two
Alexandria, Egypt,

j

1884-85.

February 4.

[|
!j

Receipts (cantars*)—
This week....
Since Sept. 1

110,000
2,808.000
This
week.

Since

Sept,

-j

years.

15,€00'340,000)

Europe

-j

Since

Sept,

J

l.j

187,000'
86,000j

2,020,000
This
week.

Since

Sept. 1

5
“
“

:o
85ie-m5iP 5

30!85u--.w!r>,c

Feb. 0




^—R l

.

*•* j

5

;•

487,729

475,757

Total year 4.137,962

8

a>7

7
®7
7
a 7
7 hid 7
7 q d>7
7 VS'7

0
0
7k>$7 0
7
d>7 10Io
7
1012

3,987,666 4,267,300 3,741,549 4,025,800 3,768,011

Pere’tage of tot. port
receipts Jan- 31..

This statement shows that up to

0

79-27

75 34

63-53

Jan. 31 the receipts at the

ports this year were 170.296 bales more than in 1883-84 and
129,338 bales less than at the same time in 1882-83. By adding

the above totals to January 31 the daily
that time, we shall be able to reach an exact
the movement for the different years:
to

84-95.

Tot.Dc 31

1883-34.

1882-83.

1881-82.

receipts since

comparison of

1880-81.

1879-80.

“

2..

“

3..

“

4..

62,205 3,479,937 3,514,473 3,253,822 3,454,099 3,120,871
8,
19,952
10,259
49,366
20,294
15,776
8.
18,208
19,022
28,330
35,488
30,208
24,328
23,200
13,888
23,424
24,056
30,790
8.
8.
19,977
17,926
11,808
29,181

“

5..

25,885

14,490

“

6..

S.

“

7..

“

8..

21,985
15,947
14,687

“

9..

“

10..

“

11..

S.

“

12..

25,090

32,311
21,987

“

13..

“

14..

“

15..

“

16..

20,001
24,744
10,924
28,200

“

17..

14,639

U

1 Q

„

;[«•

« 21.
„

09

“23.
«

24.

“

25.

S.

15,018
21,752
12,290
11,009
20,523

6,731
S.

20,021

33,695
31,713

23,403

8.

17,951

9.986

39,653

16,885

14,734
14,129
15,185

19,749
26,949
25,776
28,542

S.

37.231
-S.

13,397
16,773
25,039

23,548
22,906
19,929
17,551
34,762
20,111

17,286

21,040

8.

16.34s

26.SS0

15,187

18.050

8.

22,132
21,127
19,046
19,790
26,983
35,488

23.752-

12,302
31,330

18.021

S.

12,290

20,080
18.509
28,777

17,404

31,999

8.

24,347

16,082
15,170
23,605

19,691

17,601

8.

23.706

13,001

20,087

20,346

15,735

23,970

8.

18,192

8.

16,877
23,886
15,733

17.369

S.

30,896
24,356

35,455
22,105
17,733

15,485

18,843

13,705

-

21,176

8.

20,508

17,372
14,138

13.652

14,748

24,656
14,696

21,178
34,374
20,460

11,527
12,222

18,592
31,395
17,510
8.

23,943

!

21,312
36,187
23,924

16,669

8.

16,188
22,359

29,260

S.

28,935
23,908

33:961

15,190

32,340

16,710

ending
Europe

received from Manchester

27

“

30..

21,627

23,422
17,250
21,232

“

31..

10,970

28,859

hoist.

1

Shirtings.

S.

'

b.

5

JJ

8]2 rt

9

if), 0

8 "to ft

'5 10

a>7

[a o^7t7

DVb 5V®7

d.

57s
5l»ia
bh

oLil6
5^16
5iolfi

2 82
1

578

lkj

‘07s

5«i«

14,836
16,328

“

2.

“

3-

15,848 !.

S.

20,977

22,348

21.709

20,354

“

4.

14,439

19,670

S.

10,039

27.938

15.208

“

5.

9,087

10.001

8.

20,03 i

“

6.

28,992

18.847

35,832
26,666

15,582
21,929

1 jjr,ir;s

d.
s.
d. I
7
®7
IV
8
d7
2
5 hi 'l 6 11V
5 V3> 6 1 IV
dl 1
7
ill

31.278

37,962 3,967,666 4,267,300 3,741,549 4,025,800 3,768,011
8.
8.
12.592
22,902
13,050
21,924
18,075
22,580
10.419
14,678
11,049
30,723

Feb. 1.

216,777 -1,051,121 4,403,422
d.

21,039
13,203

.

I Golt'n

,,

8H lbs.

!

1

70-89

24,039

5loL(i!
«

81 80.

8.

S7b 5
5»3ia
9 a.:
(5
87s 5
0
1 8^2 (t 9 ,5

1

974,043 1,006,501
996,807 1,020,802
487,727
571,701

20,075

9

r.ir.i,,|

333,613
839,492
942,272
956,464
647,140

30,342

078

578

458,478
963,31^

33.906

Wq6 8r,8 S> 9*3 5

0
0

853,195

1879-80.

S.

d.

d.

429.777

1830-81.

9.874

Oott’n J
Mid. 1
Upl is j

d

752,827

1831-82

12,777

1883-84.

3
1
0

since

follows:

“ 28-

1884-85.

d.
8.
9
a7

1882-33.

345,445
343,812
326,656
October.. 1,090,385 1,046,092
980,584
Novemb’r 1,122,164 11,030,380 l,094,697i
December 1,101,211 [1,059,653 1,112,536

January

as

Beginning September 1.

Sept’mb'r

Tot. Jn. 31

J 9

1883-84.

movement

has been

18,000 273,000 15,000i234,000

to-night states that the market is fiat. We give the prices for
to-day below, and leave previous weeks’ price for comparison.

10
23

1884-85.

The

years,

u

Manchester Market.—Our report

Shirtings.

named.

13,782

15,000 bales.

“

Year

Monthly
Receipts.

10.501

8J4 lbs.

years

September 1, 1884, and in previous

« 26.

This statement shows that the receipts for the week
Feb. 4 were 110,000 cantars and the shipments to all

d. 8.
d.
Dec. 5 39 m a 913 5
“
12 sv a 9 V5
“
5
10 3'**a ft
9
“
T>
20 83s d 9
Jail. 2 ■Gmh> 9lik 5

the

11,000 178,000
4,000 56,000

*A eantar is 98 lbs.

32s Oop.
Twist.

for

movement

“20.

80,000 !

!

2,417,000

10,000 239,000j 14,000
5,000 101,000; 4,000

To Liverpool...To Continent

1882-83

50,000

’
This
iceek.

l.j

a

1883-84.

|

Exports (bales)—

Total

!!

constantly have before him the data for seeing the exact relative

1883.

Shipments
to

comparison of the port movement by weeks is not accurate,

the weeks in different years do not end on the same day of
the month.
We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
as

Jan. 1..

ALL INDIA.

1884.

1885.

—A

6,500

'

1885
1884

i

»f

A
3,814,29tj4,l42,575 3,863,664'

1

total

Feb. 0.

10.697

83-53

73-14

S0-80j

72-52

77-25

This statement shows that the receipts since Sept. 1 up to
to-night are now 105,056 bales more than they were to the same
day of the month in 1881 and 186,615 bales less than they were
to the same day of the. month in 1883.
We add to the table
the percentages of total port receipts which had been received
to February 6 in each of the,years named.
-

The Following

are the

Bedfordshire, b irk(Ger.), from Savannah for Gottenburg, wdh 375
bales of cotton, while making Sunderland, E., harbor, P. M. of

Gross Receipts of Cotton at

Philadelphia and Baltimore for the past
1831.

New York, Boston,

January 18, being short of water, struck the north pier a id was
then driven to the hack of the pier a.id went on the beach ; crew,
seven in number, were landed with rocket apparatus.
Wreckers
were employed to save cargo.
The vessel was likely to become a
wreck if the weather continued. On Jan. 19 the cargo of the bark

week, and since September 1.

This
week.

New

.

..

Since

This

Since

This

Since

Sept. 1.

week.

Sept. 1.

week.

Sept. 1.

198 535

1,381

was

t

-

L7?4

Bo. Carolina..
No. Carolina..

1 391

4 809

11 287

8 986

98,743
19,464
174,891

1,373
3,727

Virginia

3,379

This year...

35,390

.

•••••«

1,112

4 400

3 324

49,527

3,098

420

Tennessee,&e
Foreign

866.712
844.835

20,629

*

4‘

550

14,252
10,398

330

69,777

03

23,637

2,116

Fri

Do

9,593

3,943

58,556

1,121

255,497

1,023

71,583

4,403

235,321

'

Scythia, 1,421 ...Spain, 1,474

To Havre, per steamer St. Simon, 519
To Bremen, per steamers Habslmrg, 353
Rhein,
To Amsterdam, per steamer Prinz Albrecht, 538
To Bo'terdam. per steamer W. A. Scholteu, 200
To Antwerp, per steamers Penuland, 200
P. de
510
New Orleans—To Liverpool, per steamers Alava,

Murciiu

Coninek,

(lome, 5,35

i
To II »vre, per

ship Nauoaetus, 4,937...per barks Aphrodite,
2,350 ...TtisKar, 5,315
To Br emen, per steamers Border Chieftain, 2,031).. .Camellia,
3,200
To Hamburg, p< r st 'inner C u’.idoc, 633
To Seba topoi, pei steamer Elmtiold, 5,275
To Malawi, per ,te nner Juana, 2,950
To Vera Or iz. per steamer E -t than de Ant mauo,
Mobile—To Liverpool, per barks Ko louta, 2,611

50
Neophyte,

3,532
Charleston—'To Liverpool, per bark Christina, 6
and 100 Sen- Island
Savannah—To Liver.umi, per barks Arabia, 3,451

>0 Upland

...

Up

t

an

Chiua np is, y„73 Upland.
Pensacola—T • Liverpool, per
, 3,585
Galveston—T > Liverpool, per barks Collect >r, 1,900 ...Fruter(Lethe, 1,300
liitus 1, >.:sf
Frederick Carow, l,t>94
....J. B. I)„ 1,352
Baltimore—To Liverpool, per steamivs Guillermo, 400

Navarro, 65 >
steamer Nurubsrg, 85 5

Lisnaericve, 1,33 )

To Bremen, n
Boston—io Liv«*r > n,i, per steamers I-triau, 53 !
112
Vi rtf. nan,
,130
To Annapolis and Digb., N. S., per sie oner Cleop
Phiia.de> phi
To Liverpool, per steamers British

Samaria,
tr i, 13 ..
Princess,

1,270
In liana, 80 >
To Antwerp, per steamer Switzerland, 9 71
..

particulars of these shipments, arranged in our
Atm* dam,
Bremen Hollerif: Ham- dam <f Seba?Liverbara A aimerp topot.
v<»‘ . Havre.

Do

New York.
N. Orleans.
Mobile
Charleston.
Bavanuah..
Pensacola..
Galveston
Baltimore..
Bo don

O
**

6, ,727

510

1,013

Li l
6. 1 f i
TOO
5. 7.1 i.
3 <8 >

1.', -01

5.8.i6

9

*

O

„

.

*

=

.

»

a

,77 t
’■ iO

1.

6

......

......

.

.....

1

“*

•0

5,275

T |

J

855
.

.

_

„

.

„

50

2,9)0
....

.

......

-

.

...

......

.

.

......

......

.

......

......

......

•

.

.

.

....

•

.

...»

-

.

.

13,3 :1

7,791

2.1)9

5.27-5

.

50

2.950

Included in the above total from Boston arc 13 bales to

519
1,0 i3
538
200

Mexico, 4,030

3,110.

27,034

45© 50'

45 3-501
-

»

•••

m

m

518*
...»

....

45 ©501

45© 501
....

....

m m

....

....

*4^932*

14®932<

«...

....

....

....

....

....

932*

®32*

932*

982*

V

V
V

V

W

18®9C4*

18®9tl4<

932*

932*

lj*

V

1^*

Vg*

14 3>9aa*

*4®932*

t Per 100 Lbs.

Compressed.

12,802
5,260

636
5,275
2,9 50
50

Jan. 23.

51.00C
3.00

44,000
3,000

4,000

6,000

27,0 >0
4,090
25.000
741,000
537,000
76,00 ‘

35,000
3,000
26,090

4,000
29,000

37,000

823,000

860,000

599,000

643,000
115,000
95,000

3,000
4,000

29,000
6,000

23,000
72 4,000
522,000

97,000

Of which American

Feb. 6.

Jan. 30.

38,000
3,000

43.001)
•

..

76,000

59,000

346,000
3^5,000

373,000

4.0 DO

153.000

111,000
324,000
300,009

355,000

290,000
270,000

The tone of the Liverpool market for spots and futures each
day of the week ending Feb. 6; and the daily closing prices
of spot cotton, have been as follows:

6,143
700

7,774

Market,

1

12:30 p m.

^

Barel

Mul. UpT Is
Mid. OiTns.

2 3 31
855

Sa'es

13

2,070
971

usual

Dull.

5l510

6-8

61

500

Thursday.

FInrdon’g

Fair
business

tendency.

8.000

(

Easy.

Steady.

Steady.

Steady.

1,000

12:30i*.M.

$

Market,

?

5 P. M.

F.asy at

Dull at
1-64 lecli ne.

1-14 decliue.

8,

\

6li«
7.000

1,000

D iH at
1-04 d ;cJiue.

Quiet
and

steady.
Ouiet

Barely

Dull.

6

10,000
1.000

Fat ares

Market,

Uardon’g
tendenoy.

r>l,Jl0
6*18

OLfi

7,0'L>
1,000

Friday.

do in

51510

5i5i(i
■6 13

is

8,-ooc.
1,0 )0

5,000

......

Firm.

6

Spec.Sc exp.

1,776

v

supported

Wednes.

Tuesday.

Saturday Monday.

Spot.

5,731
3,535

stily.

Steady.

but

sfeady.

The opening, highest, lowest au l closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless

Total.
9.717
5 4,007

3

6 0 :

1

an,

6,1 4,3

6 3-6 id.

means

i

Jain. 31.

Hat.

III

•

ii.,

Feb.

thus:

5 62

O

means

Feb. 3.

-w •

0

>

1.7S9
3,0 4 1
95,725

carrying

down to

Open tii-fn Low. Clos.

Open High Low. (Jins.

.7,774
3.23

GLths,

The prices are yiven in pence and

5 li :-(> W.,

February...

d.

d.

d.

d.

5 01

5 01

5 01

5 01

1

d.
| 5 59

[Open

High Low. Clos.

d.

a.

d.

1

d.

d.

d.

5 Hi

5 so

5 01

|

5 6!

5 01

5 0 )

503
5 00

d

•i'eb.-March. 5 6!

5 0!

5 01

5 61

1 5 59

5 01

3 59

5 61

5 01

5 01

5 00

March-Apr. 0 01

0 01

0

01

0 01

0 01

SO)

0 01

0 01

0 01

0 CO

6 00

April-.May..

0 05

6 05

0 C5

0 05

| 6 lO
| 0 04

0(5

0 04

0 05

6(5

0 03

0 04

0 04

May- June..
June-July..

0 09

6 09

0 0d

0 09

6 07

8 Oil

6 07

0 09

0 09

0 09

6 OS

0 03

0

13

0 13

0

13

0 13

0 11

0 12

0 11

0 12

0 13

0 13

0 12

0 12

July-Aug...

0 16

0 16

0 10

0 10

6 14

0 16

0 14

6 16

0 10

6 10

0 15

0 15

\U2.-Sept... 0 20

0 26

0 20

0 20

6 18

0 19

6 18

0 19

0 19

0 19

0 19

0 19

Sept.-Oct...

;

....

....

....

....

....

....

....

....

Nov.-Dee...

....

....

....

....

Dec,-Jan....

....

....

....

....

Oct.-N >v...

Esther Roy, 5,008.

2,133....Feb. 4—

Bark Saga. 1, -43.
For Bremen—Jan. 30— Steamer Victoria, 4,374.
For Antwtyp—Jan 31—Bark Minerva, 1,675.
Norfolk — Fur Liverpool—Jan. 30-Ship Adolphus, 4.700:
of the Fleet, 2,567
Jau. 31 —Bark Semuutliu, 3,215.

*...

...

....

-.

....

....

....

..

....

....

....

....

...

....

....

..

.

....

•

•

....

....

....

*

....

....

....

•

....

....

.

....

....

....

....

Wednes., Feb. 4.

Tbuvs., Feb .5.

FrI., Feb. 6.

Open High Low. Clou.

Open High Low. Clos.

Open High Low. Clos.

d.

d.

d.

d.

d.

d.

d.

d.

d.

d.

February... 5 83
Feb.-March. 5 63

5 63

5 03

5 03

5 02

5 62

6 02

5 62

6 00

0 03

5 03

5 63

5 03

5 03

5 03

5c2

5 02

5 02

5 02

0 0)

000

5 03

5 63

March-Apr. 6 02

003

0 02

0C3

0 01

0 02

0 01

0 02

6 03

6 03

0 C2

0 02

0 08

0 07

0 00

0

07

0 05

001

0 05

0 08

6 07

0 07

0 00

00

0 10

0 11

6 10

0 11

0 09

010

0 09

010

0 11

6 11

0 10

0 l

0 14

0 14

6 14

6 14

0 12

013

6 12

0 13

0 14

6 14

0 13

0 13

0 17

0 18

0 17

6 18

6 10

0 10

0 10

6 16

0 17

0 17

0 17

0 1

621

0 21

0 21

0 21

6 20

0 20

0 20

0 20

02!

0 21

0 20

0 20

d.

bark Queen

Boston—For Liverpool—Jau. 28—Steamer Missouri, 769
Jau. 31—
Steamer Reman, 711
Feb. 2—Steamer Bavarian, 1.495.
For Ananolts »>n l Digbv, N. S.—Jan. 31—Sr,earner Cleopatra, 39.
For Halifax—Ken. 3 -Steamer Jesse H. Freeman. 35.
Philadelphia—F »r Liverpool—Jau. 30— SDeamor British Crown, 404
Feb. 3- Steamer I,oid Gougli, 692.

give all news received to date of disasters to
carrying cotton from United States ports, &c.:

vessels

steamer (Br.). from Charleston for
Grimsby, before
reported pur buck to Charleston In distress, arrived at Baltimore,
February 1, for repairs.




45®50i

Forwarded
Total stock—Estimated
Of which American -Estim’d
Total import of the week.
Of which Americau
Amount afloat

Cirmona, 5 650;
bark Gloria,

Charleston—Fur Liverpool—Feb. 2—Bark Brilliant,

Harbinger,

....

....

B18*

Feb. 2—Steamer Havtieu, 3,7u0;

For Havre—Jin. 31—Steamer Rouen, 5,7 14; ship
For Antwerp - I <;i. 31 -3i»‘ainer Rouen, 400.

we

....

Sales of the week
bales.
Of wlii«'b exporters took
Of which speculators took..
Sales American
Actual export
7

703

Digby, N. 8.

For Vera Cruz -Fe «. 2—Steamer Whitney, 270.
New Orleans—For Liverpool—Jan. 31--.Steamsrs

516V

Jan. 16.

Annapolis and

Below we add the clearances this week of vessels
cotton from United States ports, bringing our data
the latest dates:
Galveston—For B""n n—Tan. 36—Brig Kj all and, 1,025.

....

510*

J4d9a2*

c.

3,589

......

.....

sail

5.721

....

.....

971

070
933

......

,

,

....

516*

Liverpool.—By cable from Liverpool, we have the following
statement of the week’s sales, stocks, &c., at that port.
We
add previous weeks for comparison.

6,727

7

,

»

,

,

.

....

&16*

....

71S*

710*

otherwise stated.

Cruz.

,

,

PliUadelp’a
Total..

.

o

.

.

1,438

.

......

.

sail...o.

Barcelona,steam.c.
Genoa, steam
c.
Trieste, steam...c.
Antwerp, steam..c.

Vera

Md
aija.

.

716*

....

....

Reval, steam—d.

follows:

are as

716*

153,180

93,72 i

Total

....

718*

Amst’d’m, steam.c. 45®501

3,800

Liven tor, 3,2 L 4
Puertoriqueno, 4,651
per ship Von-

Historian, 2,769

3,7<jo

i,

690

....

7lfi*

157,476

Do

1,101—
Republic,

c.

r,mmm

516-ll32* 5lb“ll32* &ie-1,sa*

....

Hamburg, steam.c.
sail—c.
Do

of cotton from the United

York—To Liverpool, per steamers Nevada,
Olbers, 1,283
Pavouia, (additional) 111

Ganges, 3. >5;)

c.

sail

Do

week, as per latest mail returns, have reached
95,725 bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York we
include the manifests of all vessels cleared up to Thursday
night of this week.
Total bales.
1,329

sail

Bremen, steam..c.
17,000

30,187

2,241

*0®964*
....

....

....

....

«...

Havre, steam—c. 516-ll32t 513-1J32*

82

8,915

sail... if.

Do

States the past

Below

Thurs.

18®964*

Liverpool, steam J.

806

9,225

46

53,381
54,748
109,060

Shipping News.—The exports

The

Wednes

Tu&s.

1

10,700

4,472

Last year...

form,

Mon.

Satur.

39,835

79

8,539

37,8tl

-

’

1 515

New

the past week have been as follows:

......

...

153,409

being salveo, 176 bales had already been saved, and remainder
expected to bo saved it the weather kept moderating.

was

Cotton freights

3,253

150.563

i

Savannah

week.

Sept. 1.

12,461
5,937
4,349

Orleans.

This

Since

Baltimore.

Philadelph’a

Boston.

New York.

Receipts

189

THE CHRONICLE.

7, 1885.J

February

April-May..
May-June..
June-July
July-Aug...
Aug.-Sept...
.

Sept.-Oct.

'

....

Oct.-Nov....

....

....

....

....

Dec.-Jan

....

....

....

....

...

....

....

....

....

....

....

...i

....

....

....

....

....

....

....

....

....

....

....

....'

....

....

....

....

....

....

<L.

THE CHRONICLE

190

Friday, P. M.t February 6,1885.

of

There have been few changes

any

significance in the

A scarcity of lines of low
extras, suitable to the filling of export orders, has been noted,
but the prices bid are not high enough to increase their pro¬
duction. Holders of other grades have been quite firm, but
the demand is not urgent. Buckwheat flour has advanced,
the cold weather having increased the consumption. To-day
the flour market was very dull, but, in sympathy with the
flour market in the past week,

upward turn of wheat, the close was very firm.
The speculation in wheat for future delivery has been active
throughout the week, and at times this market has shown a

Com.

1

Oats.

Barley.

Bye.

■BMJ.190UW Biuh.60 lbs Bush.Wlbx BuahJS2 lbs Ihuh.48 lbs Bush.50 V s'
330,293
103,770
1,107,598
000,540
212,390
23.324

Chicago
Milwaukee..
Toledo

.

Wheat.

Flour.

Receipts at—

BREADSTUFFS.

[Vol. XL,

22,722
2,247

201,383

1,730

123,824

3,290
21,377

53,000

Detroit
Cleveland.
St. Louis

..

....

140,245

203,933
8,300

375

Peoria

8,100
110,522
75,103
18,000
700.745

20,591
1,059
10,870
15,300
100,700

877,135

213,000

172,135

7,200-

5,334

9,018
5,700
70,800
24,000

500

4,950
13,000

497,970

Duluth

Tot. wk. ’85

155,507

1,078,918

2,417,323

974,720

Same wk. ’84
8ame wk. ’88
Since July 28

158,190
194,892

584,170

2,845.730

1,028,050

3,040,785

933,704
820,248

5.070,719
5,172 039
5,430.390

78,707,283
54,812,005
55,093.089

1884-5

1883-4
1882-3

505,377
290,948

294,233

49,034
79,256
85,55:2

49.447,545 33.710,274 11,037,440
03,580,495 80,053,409 12.874,834
43,528,029 28,754.391 10,390,200

3,510,802
5,018,397
2,798.220

The comparative shipments of flour and grain from the same
ports from Dec. 22, 1884, to Jan. 31, 1885, inclusive, for four
years, show as follows:

1884-5.
1883-4.
1882-3.
1881-2.
independently of European or Western Flour
bbls.
1,253,328
995,764
1,235,867
815,519
advices. The bull party'have encountered a very dull market
Wheat1
bush.
2,215.594
2,007,192
2,197.9G9
2.297,540
9,365.863
7,314.482
8,320.032
7,317,645
for wheat on the spot, transactions having hardly sufficed Corn
Oats
3,181,374
3,025.144
3,471,424
3,818,164
731.052
873,488
1,304,253
• 771,586
to establish current prices. A limited demand for milling is Barley
Rye
204,081
288,716
220,514
261,312
all that can be reported. Exporters have held aloof or turned
Total grain
15.697,964
13,509,022
15,523,192
14,526,247
their attention to other grain; wheat they have not wanted.*
Below are the rail shipments from Western lake and river
A sharp advance on Wednesday, especially for the distant ports for four years:
1885.
1884.
1883.
1882.
Week
Week
Week
Week
futures, was in part lost yesterday, but to-day, with adverse
Jan. 31.
Feb. 3.
Feb. 4.
Feb. 2.
bbls
Flour....
147,062
155,567
149,051
207,336
crop accounts from the West, and the report that the Turkish
bush. 1,678,918
426.653
327.565
207,062
army is to be mobilized, there was a fresh advance following Wheat..
Corn...,
2,417,328
1,380,853 1,569,682 1,771.626
517,576
684,271
785,649
a weak opening.
974,726
The final close, however, was somewhat Oats
326.131

disposition to

•

move

....

,

.

DAILY CLOSING PRICES OF NO.

"

2 RED WINTER WHEAT.

Mon.

Sat.

Tues.

Wed.

Total

Thurs.

Fri.

In elevator

92

91

91%.

92%

92%

92%

February delivery
March delivery
April delivery
May delivery
June delivery

89%

88%

89%

90%
91%

8938

91

897e

91%

9258
94%

915s
933a
94

92*8
937s
94%

9338
953s
96%

92%
94%

93
94%

91

90%

90

94%

95%

95%

futures have been

only moderately active.
Speculation has been somewhat fitful, with an uncertain tone,
prices developing at times more or less irregularity. There
has been a good demand for corn for immediate shipment,
with a gradually increasing scarcity of samples with which
to meet this call.
In fact, there was yesterday some indica¬
tions of a fresh “ corner,” but this disappeared to-day, when,
however, the distant futures were stronger.
Indian

corn

DAILY CLOSING TRICES OF NO. 2 MIXED CORN.

Mon.

Sat.

Tues.

Wed.

Thurs.

Fri.

In elevator

50

49%

50

50

51%

51

February delivery
March delivery
April delivery
May delivery

49%

49%

49%

50%

5w%

50%

497s
49%

493s
49%

49%
4938

49%)

49%

49

49%
485s

49
48%

49
48%

505,377
49.034

149,874

5,625,383

2,301,750

Barley
Rye

May is the most active month.

unsettled.

50

49%

49%

The rail and lake

26,289

121,525
39,029

3,033,026

3,045,594

49,385

shipments from

ports for last four

same

weens were:

Week
endina—

Flour,

Wheat,

Corn,

bbls.

bush.

bush.

bush.

2,045,805

729,035

149,927

1,449,196
2,210,431

586,148

93,450

33,898
15,054

636,828
551,487

122.815

39,775

104,523

63,448

7,479,307 2.503,498
5,460,304 2,373,047

470,715

152,173
231,578

420.317
443,675
319,507
382,206

Jan.31,’85 196,414
Jan.24,’85 138.918
Jan.17,’85 253,170

Jan.10,’85 251,037
Tot.,4

w..

Oats,

1,743,875

830,539 1,566,205
1,442.980

4w’k8’84.. 668,436

BarUy,

Ryer

bush.

bush.

639,614

The receipts of flour and gram at the seaboard ports
week ended Jan. 31 follow:
Flour,
obis.

At—
New York
Boston

92,987
53,903

Wheat,

Corn,

Oats,

Barley,

bush.

bush.

busn.

bush

308,060
50,625

99,375

189,000 1,081,770
27,000
85,631
9,500

Portland

500

Montreal

11,815

9,080

moo

Philadelphia...

23,512

Baltimore

30,115

130,300
135,050

230,400
455,126
3 *>,432
405,033

Newp’t News..
New Orleans...

4,512

Total week... 217,344
Cor. week ’84.. 233,053

for the
Rye,

bush.

17,846

4,500

1,300
2,800

2,100

81,000
18,000

600

44,400

2,500

42,575

490,430 2,304,992

504,360 150,375
428,688 172,300

486,342 1,189,207

20,946
34,000

The total receipts at the same ports for the period from Dec.
Rye has been scarce, and, though quiet, must be quoted 24, 1884, to Jan. 31, 1885, compare as follows for four years:
1881-5.
1883-4.
1882-3.
1881-2.
decidedly higher, especially for Western.
Flour
bbls.
1,420,016
1,303,968
1,900,557
1,136,360
Barley has been much less active and the advance of last
Wli^at
bush.
3,588,548
2,196,150
5,931,673
3,664,941
week in the poorer qualities has not been supported.
Corn
11,388,630
5,054,590
8,330,014
3,717,047
Oats developed considerable speculative strength early in Oats
2,6 L3,693
1,742,310
2.498,245
2,477,838
611,037
723,507
733,450
412,227
the week, but have since been dull, weak and unsettled. Sup¬ Barley
Rye...101,077
199,112
99,378
53,389

are large, the consumption is not
and the market but partially relieved

equal to the average,
by a moderate export
movement.
The close to-day for No. 2 mixed was at 3Gf*gC.
for Feb., 36l^c. for March and April and 3u}.^c. for May.
plies

The

following

are

closing quotations

:

Total grain

The

Superline
Spring wheat extras.
Minn, clear and stra’t.
Whiter shipp’g extras.
Winter XX A XXX..
Patents
City shipping ex
Bonth’n com: extras..

2 80®
3 10 a)
3 80®
3 10®
4 30®
4 65®
3 2.5 ®
3 50®

2
3
3
1
3
5
6
4
4

35 1 Southern bakers’ and
10
$4 80®
family brands
35
Rye Hour, superfine.. 3 60 ®
Fiue
80
2 50®
35
Corn meal—
25
3 00®
Western, &c.:
00
Brandywin«. &o
..®
75 Buckwheat flour per
100 lbs
70
1 90®

5 50
3 85
2 80

Exports
from —

Spring No. 2
Red winter, No. 2
Red winter
White

Com—West, mixed
West. mix. No. 2.
West, white
White Southern..
Yellow Southern.

Rye—Western

82
....

n
®
®
®
®
®

92
80
83
48
50 %®
49 -®
52
®
49 ®

99
...

93

98
96
52
51
52
55
52

65
State
70
36
Oats—Mixed
White
37
No. 2 mixed
37
No. 2 white
33
Buckwheat
53
Bariev—No. 1 Canada. 88
No. 2 Canada
78
61
State, two-rowed
69
State, six-rowed

®
<&
®

68
72

38%
41

®

37%

®

38 q
55
91
82
62
71

®
®

®

..

Baltimore
N. Orl’us.
N. News.

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 the compara¬
tive movement for the week ending
for each of the last three years;




10,554,303

17,271,557

are

shown in the annexed statement:

Wheat.

Com.

Flour.

Oats*

Rye.

Bush.
508,750

Bush.

Bbls.

Bush.

Bush.

742,172

16,445

22,294

146.857
210.858

255,478

18,381

514.8 <8

19,S30

78,313
18,303

62,018

Teas. '

,

Bush.

4,916

18,414

38,000

490,289

169,316

Total w’k.
882,910
8’mc time
1864.
1,139,568
..

Jan, 31 and since Aug. 1

2,194,387

134,S27

62,018

56,414

4,91fi

729,211

129,COG

1,652

129,858

20,707

The destination of these exports is as below.
year for comparison:

We add the

corresponding period of last
Flour.

Coryi.

Wheat.

Exports
for iceek

1885.

1884.

1885.

1884.

1885.

to-

Week,

Week,

Week.

Week,

Week,

Feb. 2.

Jan. 31.

Feb. 2.

Jan. 31.
Bush.

Jan. 31.

The movement of breadstuffs to market is indicated in the
statements

9,925,912

2 00

GRAIN.

Wheat—
Spring,per bush.

Now York
Boston.
Portland.
Montreal.

Philadel..
3 15
3 3J

13,415,433

ending Jan. 31, 1885,

FLOUR.

$ bbl. $2 45®

Fine

...

exports from the several seaboard ports for the week

UnJCing.
Contin’nt
S.&C.Am
W. Indies
Brit, col’s
Oth.c’n’ts
Total

1884.

Week.
Feb. 2.
Bush.

Bbls.

Bbls.

Bush.

Bush.

89,601
7,450

81,770

408.675

13,512

474,195

597,409 1,614,139
537,019 498,651

13,428

12.183

40

14,672

9,247

17,744
3,860

429

537

1,243

1,003

6

969.910 1.139.568 2.194.387

729.211

I94.Q07

129

68.422

5,140

11,232

490,243
178,217
47,552
12,196

700

By adding this week’s movement to our previous totals we
have the following statement of exports this season and last
season:

Jan. 31.

Aug. 27 to
Feb.

Aug. 25 to
Jan. 31.

2.

Bufh.

Bbls.

Bbls.

2,725,731
232,550

(Jn. Kingdom

1884-5.

1883-4.

188445.

1883-4.

Aug. 27 to
Feb.

1883-4

Jan. 31.

Feb.

14,812,006

12,976,612

11,437,715

186,139

14,164,817

8,106,230

43,234

581

359,083

293,105

West Indies.

383,853

376,632

Brit. Col’nies

315,568
14,533

315,194
16,521

146

8,010

18,278

600

4,031,318

3,667,696

29,038,4s!

21,118,711

15,265,619

Total

26,678

2.

Saturday.

Monday..

13,640,556
3,817,489
725,407
202,226
86,926

Tuesday.

109,609

Thursday

|

j.
jj
jj

Wed’day.

18.642,207
Friday

The visible supply of grain, comprising the stocks m granary
at the principal points of accumulation at lake and seaboard
norts, and in transit by rail and water, Jan. 31, ’85, was as f allows:
In store at

Price.'

Tone.

Dull.

315

Quiel.

Price

Price

I Price

Sales

Sales

...Sales

Quiet.

Dull.

315

Quiet.

Dull.

3'!5

Quiet.

Sales

Dull.

3-15

Quiet.

Sales

Dali.

3-15

Price

Corn,

Barley,

Rye

bush.

bush.

bush

bush

bush

656,980
119,000
9,500

283,691
59,923
47,000

215,275
90,000

.

..

Sales

—

Price

jSales

Price

Sales

Sales

Price

Price

...

...

....

.

...j

Sales

jSales ....j

Price

|Price

Sales

Sales

Price
....

...

Price

...

Price

Price

Price

Sales.

Sales

Sales

....!

....j

—

..

Transferable Notices—Saturday,.3*15; Monday, 3‘2();
day, 3‘20 ; Thursday. 3'15 : Friday, 345.

Domestic Woolen Goods.—-There

Wheat,

Oats,

Total..

Price

Sales

3-15

Quiet.

iPrice

Price
Sales

Dull.

Total.

March.

February.

January.

Tone.

Bush.

Bush.

Bush.

2,480,105

S. & C. Am...

Oth. countr’s

Futures.

Spots.

EXCHANGE

Aug. 25 to Aug. 27 to

2.

2,962,827
590,019
171,451
42,483
61,124

Continent...

SALES OF FUTURES.

MARKET.

COTTON

Corn.

Wheat.

Flour.

1884-5.
Bxports since
Aug. 25, to— Aug. 25 to

191

THE CHRONICLE

1885.]

February 7,

Tuesday, 3'20; Wednes¬

was

continuation of

a

improved feeling lately noted in the market for clothing
Buyers were less apathetic and more reasonable in
7.700
142,000
1.500
Albany
their views as to prices.
Transactions in cassimeres and
5,326
354,510
22,312
Buffalo
1.793,846
119,113 worsted suitings were consequently more numerous, but by
483,900
125,000
14,702,131 1,290,122
Chicago
79,823
106,266
Newport News...
no means large in the aggregate.
S 6,267
835
16,776
Beavers and low grade
Milwaukee
4,464,233
Duluth
5.438.0C0
overcoatings have met with more attention from early buyers,
Do afloat
100,000
19.583
and some fair-sized parcels were placed “ on memorandum,”
Toledo
38,164
2,924,308
9,579
14,402
37.808
899,947
Detroit
subject to opening prices. Satinets were distributed in mod¬
2,500
85.000
291,590
170.000
Oswego
1,090
679,033
45,104
6,046
St. Louis
2,514,928
erate-sized parcels to a fair amount, but Kentucky jeans ruled
18.4:-* 6
24 552
40,616
12,218
Cincinnati
.\
26,631
912
31.902
33,262
438,380
123,388
Boston:
quiet. Jersey cloths continued to move freely, and leading
2.086
1,500
159,184
1,670
Toronto
139,762
makes are largely sold in advance of production.
Cloakings
8,860
13,837
36,113
Montreal
2,085
294,811
111,985
122,554
832,061
remained quiet, but there was a fair business in all-wool
Philadelphia
6.081
214.876
80.950
Peoria
5,561
dress fabrics (as suitings, sackings, tricots, &e.). and worsted
8 j,5(»0
1,200
9,600
71,100
Indianapolis
5,018
14^,509
5,026
Kansas City
566,662
dress goods were moderately active. For flannels and blankets
21,410
3,995
313,392
Baltimore
643,034
there was a light re-assorting demand, and the movement in
Down Mississippi.
677.970
33,896
39,927
512,696 2,592,000
On rail
carpets was less active than expected.
Foreign Dry Goods were in irregular demand at first
511,253
Tot. Jail. 31,’85. 42,653,259 6,338,113 2,532,408 1,628.009
506.159
hands and sluggish with jobbers.
Tot. Jan. 24. ’85.
42,576.703 5,411,463 2,281,443 1,725,305
Dress goods were rel¬
Tot. Feb. 2, ’84. 32,786,734 12,770,798 5.523,638 2,690,789 2,518,295
atively
active,
and
though
buyers
manifested
unusual caution,
Tot. Feb. 3.’83. 22.289,436 10,700,651 4.352,164 2,057,764 1,646,034
the distribution of printed and woven wash fabrics and woolen
Tot. Feb. 4, ’82.
18,027.998 18,313,139 3,180,306 2,792,782 1,145-926
and worsted materials was of fairly good proportions.
Silks
continued quiet, and dealings in men’s-vvear woolens were
comparatively small; but white goods, laces and embroideries
THE DRY GOODS TRADE.
were taken in considerable quantities by jobbers, retailers and
Friday, P. M., February 6, 1885.
manufacturers, and there was a steady though limited call for
linen goods and handkerchiefs, while hosiery arid fabric gloves
There was a moderately active movement in some descrip¬
were less active than in previous weeks.
tions of dry goods the past week, but the general market was
Importation* of Dry Good*.
devoid of animation. The demand at first hands was spas¬
The importations of dry goods at this port for the week
modic, and so many out-of-town jobbers and department buy¬ ending Feb. 5, 1885, and since January 1, and the same facts
ers have completed their first purchases,
and temporarily for the corresponding periods are as follows:
H
M
n
s
&
withdrawn from the market, that the volume of business H3
c
o
p
done by the commission houses was probably less than in pre¬
E.
o
ceding weeks.
Staple cotton and woolen goods continued p
d
for
..
c
g
sluggish in agents’ hands, and there was an irregular and ®P* d
K
2
• : m
£ •'
2
*
p
;
a?
d
•
;
•
®
•
g;
: : :• 2
somewhat disappointing demand for n^ost kinds of imported
;
H
y4
; ; a>
r,
Pt
®: : ; : *
d
O
O
O
K
; : : : : a
H
B:
S3
fabrics. Comparatively few retailers have thus far put in an
!
1
• 7
I
i
j
1
w
►5;
: : : : 1
■Si
w
appearance, and there was consequently a limited business in
©
‘Jj
CO
CO
it* #*
gE
0
ST
general jobbing circles, but a pretty good package trade in co
c
co
b
b © 0- O' to b
CO ifto CO
<1 CJi
w
81^ 7*
o"-1 x
O'
C O' Ot ©
© ©
oo
CS^ICSI—CO
Ct
CD CS
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Ib2

THE CHRONICLE.

ffitraticial ©ompatiics.
Bonds of
NO

©atutdiati llatikers.

Suretyship.

OTHER

[VOL. XL.

gctrosiffuauia ^tauhers.

Bank of Montreal.

BUSINESS.

Narr

&

BANKERS

The Guarantee Co.
OF

NORTH

AMERICA.

CAPITAL,
SURPLUS,
0. F.

Cash Capital
Cash Assets
President:

-

-

-

-

400,000

NEW YORK

So*. 59 Sc

WALTER WAT80N, )
Alex’r LANG,
s

BROADWAY.

D. J.

TOMPKINS, Secretary.
Directors—Joseph W. Drexel, a. L
Hopkins, H. Victor Newcomb, John Paton, Danie
New York

Torrance. Edw. F. Winslow. Krastus Wiman.

FIDELITY

&

CASUALTY

Nos. 214 & 216 BROADWAY, NEW

CO.,

BONDS

CASUALTY DEPARTMENT.

death

or

totally disabling injuries.
Full information as to details, rates, &c., can be
obtained at head office, or of Company’s Agents.
Wm. M. Riciiards, Prest.
John M. Crane, Sec’y
Rob’t J. HlLLAS, Ass’t Secretary.
DIRECTORS:
Geo. T. Hope,
David Dows,
W. G. Low,
G. G. Williams,
A. S. Barnes,
Charles Dennis,

J.S.T.Stranahan, H. A. Hurlbut,

Alex. Mitchell.
S. B. Chittenden.

A. B. Hull.
J. 1). Vermilye,
Geo. S. Coe.
Wm. M. Richards.

MAl^HATTAJX

348

Drafts issued on all principal points In
tates and Europe-

Jos. M. Shoemaker & Co.
134

No.

Dominion of Canada.

London

NEW YORK.

Safes to rent from $10 to $200 per year,

E.

AGENCY

No. 35 South Third

Bank

DEALERS

British North America,
WALL

WEEK

OR

MONTH.

ShermanS. Jewett, Pres. JosiahJewett, V.Pres
William C. Cornwell, Cashier.

Bank of

Buffalo,

CAPITAL,

Chicago.

CIRCULAR NOTES issued in Pounds Sterling
available in all parts of the world.
COMMER¬
CIAL CREDITS ISSUED for use in Europe,
China, Japan and the East and West Indies. Also,
In name of NEW LONDON <fc BRAZILIAN
BANK Limited, available in. the Brazils, River
Bills
acted.

collected and other banking business trans¬
I). A. MCTAVISH,)
A,rpnrs
TT. ST1KEMAN.
(Agents.

Bank

Brewster, Cobb
& Estabrook,
BANKERS,
No.

36

Reserve,

-

-

BANKERS,
No.

THE

OF

BOSTON

STREET,

STOCK

NEW

YORK

LONDON, ENG.—The Clydesdale Bank (Limited.)
NEW YORK-The Bank of New York, N.B.A.

Sterling Ex¬

change, Cable Transfers, issues Credits available in
all

Dealer* In

TRANSACT

)

J Agents.

Imperial Bank of Canada.
CAPITAL

(paid up),

-

-

SURPLUS,
H. 8. HOWLAND, Pres’t.

HEAD

-$1,500,000
$678,000

D. R. WILKIE, Cashier

OFFICE, TORONTO.

73 Lombard Street.

on
or

reasonable terms, and proceeds
Now York.

Gzowski &

Buchan,

STOCK AND EXCHANGE BROKERS
AND GENERAL AGENTS,

TORONTO, CANADA.
Prompt attention given to collections and all finan¬
cial matters.

Correspondents—Bank of New York, New York
and Alliance




Bank, London.

N. V.

40

STREET,

fm-

Wm. B. Oliver.

Middendorf,Oliver & Co.
AND

(KEYSER
NOS.

23

&

25

BROKERS,

BUILDING)'
GERMAN

STREET,

BALTIMORE, MD.

Members Baltimore Stock Exchange.

Fisher &• Sons,
BANKERS,

And Dealer* in Government*, Stock*
and Inve*tiueut Securltie*,

BROKERS,

STATE

information

Correspondents—MoKim Brothers A Co

Wm.

32 SOUTH STREET,

,

BALTIMORE,
Union

wires

MD,,

in their

offices,

by

H^ans of whicli immediate communication can be

had with all commercial

BOSTON, MASS.
Dealers in Municipal, State and Railroad Bonds.

points in the country.

Es¬

pecial attention given to purchase and sale of Vir¬
ginia Consols, Ten-forties, Deferred and all issues
of the State, and to all classes of Southern State,
City and Railway Securities. Correspondence so¬
licited.

Joshua Wilbour,
Charles H. Sheldon, Jr.
Benjamin A. Jackson, William Binney, Jr.

Wilbour, Jackson & Co.,
BANKERS AND BROKERS

52

WEYBOSSET

Dealers in Commercial Paper, Government and
other first-class Bonds and Securities and Foreign

Exchange.
Private Telegraph Wire to New York and Boston.

Samuel G.

Studley,

COMMISSION STOCK BROKER,
No. 4 Exchange

MEMBER

OF

Jantthcun gauffers.
THE

CITY

HANK

OP

HOUSTON,

CAPITAL, $500,000,

STREET,

PROVIDENCE, R. I.

Houston,
We give special
accessible points.

Texas.

attention to

collections

on

all

Directors—Benjamin A. Botts, Pres’t; F.A.Rice,
Baldwin, W. B. Botts, Rob’t Brewster, 8. K.
Mcllhenny, B. F. Weems.
B. F. WWBM8. Cashier.
BENJ. A. BOTTS Pres’t

C. C.

Thos. P. Miller & Co.,
BANKERS,

Place, Room No. 4,

MOBILE, ALABAMA.
Special attention,paid to collections, with prompt

BOSTON STOCK EXCHANGE.

remittances at current rates of exchange on day of

payment.

Buy and sell State of Alabama and City

of Mobile Bonds.

Stackpole & Ely,

Bank
op
Montreal,
59 Wall Street.

Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper discounted at
the Head Office
rnraitted bv draft

AND

and

a

nlsned.

Box 397.

BOSTON, MASS.
Ingersoll

ANI)

BUSINE-S^

INVESTMENT and SOUTHERN SECURITIES

Have Western

No.

Welland, Fergus, Woodstock.Winnipeg, Man.,
Brandon, Man.
Dealers in American Currency & Sterling Exchange.
Agents in New York:
Agents in London:

Bosanquet, Salt & Co.,

BANKING

•pecialty.
Correspondence solicited

Municipal, State, Railroad

BANKERS

BRANCHES:
St. Catharines, Port Colborne, St. Thomas,

DOMESTIC

GENERAL

A

AND BROKERS,
BALTIMORE.

EXCHANGES.

Perkins, Dupee & Co.,

parts of the world, makes collections in Canada

and elsewhere, and issues Drafts payable at any of
the offices of the,bank in Canada. Every description
Of foreign banking business undertaken.
New York Agency, No. 61 Wall Street.
HENRY HAGUE,
JOHN B. HARRIS. JR..

TREET,

BALTIMORE,

ANL

A LSO,

President, ANDREW ALLAN, Esq.

The New York Agency buys and sells

SOUTH

7

BANKERS
MEMBERS

-

GEORGE HAGUE, General Manager.
J. H. PLUMMER. Assistant General Manager.
BANKERS:

Commission

Robert Garrett & Sons,

Opposite Second St

Vice-President, ROBERT ANDERSON, Esq
HEAD OFFICE, MONTREAL.

on

Baltimore gaulvers.

J. Wm. Middendorf.

CONGRESS

(Formerly Chas. A. Sweet & Co.).

$5,700,000 Paid Up.
$1,250,000
-

Sold

BANKERS

CANADA.

Capital,

OTHER

D-jcto gufllautl ganHcvs. Wilson, Colston & Co.,

BOSTON.

jankers.

AND

SECURITIES.

Stocks and Ronds Bought and

EOREIGN

and United State* Bond*.

OF

TRUSTS

STREET.

Buy and sell Sterling Exchange and Cable Trans¬

BUFFALO, N. Y.
This bank has superior facilities for making collec¬
tions on all accessible points in the United States,
Canada and Europe.
Liberal terms extended to
accounts of bankers and merchants.
Correspondents.—New York, National Shoe &
Leather Bank; Union Bank of London.

Merchants

CAR

IN

INVESTMENT

fers. Issue demand drafts on Scotland and Ireland;
also on Canada, British Columbia, San Francisco and

$300,000

Canadian

St., Philadelphia.

,

OP

No. 52

STREET,

BANKERS,

THE

OF

THIRD

Clark & Co.,

W.

Office) No. 22 Abchurch Lane

AND CAN BE RENTED FOR A

DAY

SOUTH

PHILADELPHIA.

BROADWAY,

Corner of Leonard Street

the United

Robert M. janney.

Plate, &c.

Safe Deposit& Storage Co
346 Sc

ton and Baltimore.

and make collections In, Chicago and throughout the

from this Company at moderate charges.
The bonds of this Company are accepted by courts
of the State of New York.

Policies issued against accidents causing

STREET,
PHILADELPHIA.

BANKERS AND STOCK BROKER8,
Buy and sell Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers’ Credits,
available In any -part of the world; issue drafts on

SURETYSHIP

OF

Agents.

YORK-

Officials of Banks, Railroads and Express Compa¬
nies. Managers, Secretaries, and Clerks of Public Com¬
panies, Institutions and Commercial firms, can obtain

BROKERS,

CHESTNUT

J08. M. Shoemaker.

OFFICE,

61 WALL STREET.

NEW YORK OFFICE:

No. 322

Orders executed by private wire in New York, Bos

214,000

Managing Director: Edward Rawlings.
NO. 178

$12,000,000, Gold.
$6,000,000, Gold.

W. J. BUCHANAN, General Manager

Vice-President:
HON. JAS. FERttlER.

8lR ALEX. T. GALT.

-

8MITHERS, President.

$300,000

Deposit with Insurance Department

-

Gerlach,

AND

BANKERS,

No.

7

EXCHANGE

BANKERS

PLACE,

186 Middle

PORTLAND,

B R O K E R S

NATIONAL

BANK,

RICHMOND, VIRGINIA,
Collections made

on

all

Southern points on

best

terms; prompt returns.
JOHN P. BRANCH, President.
John F Glenn, Cash. Fred. R. Scott, Vice-Pres’t

Barrett,

ANI)

New York; Louisiana National Bank, New Orleans;
Bank of Liverpool (Limited), Liverpool.

MERCHANTS’

BOSTON.

Swan &

Correspondents.—Bank of the State of New York,

TIIOHAS
BANKERS

AND

BRANCH &
COMMISSION

CO.,

MERCHANTS,

.

Street,
MAINE.

Dealers in Government, State, County, City and Rail¬
road Bonds, Bank Stocks, &c.
D/pfdrabia ln.v**tmont Securities constantly on hand

RICHMOND, VIRGINIA.
Virginia Bonds funded under the Funding Act
per cent com¬
passed by the last Legislature, for
New North Carolina 0 per cent bonds,
mission.
secured by lien on the State’s stock *n the North
Carolina Railroad, for sale.