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HUNT’S
INDUSTRIAL AND COMMERCIAL
REPRESENTING THE
YOL.
MERCHANTS’
THE CHRONfCLE.
1882,1881,
The Financial Situation
How Many Trade Dollars Arc
There?
r
Railroad Earnings in Decem¬
ber, and trom Tan. 1 to Dec.31
41
Failures in 1833,
44
1880, 1879 and 1878
Monetary
and Commercial
45
Commercial and Miscellaneous
England and Egypt
40
50
English News
51
News
53
THE BANKERS’ GAZETTE.
Quo) at ions of Stocks and Bonds
New York Local Securities
Railroad Earnings and Bank
Money Market, Foreign Ex¬
change1, U.S.Securities, State
Bonds
and
Returns
51
Range in Prices at the N. Y\
Stock Exchange
50
57
•ami
Corporation Finances...
not mean
2£Ixe Clxvcruielc.
Commercial
and
Financial
Chronicle is published in
York, N. Y., as second-class mail matter. |
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>t
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T,.Vi
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THE
FINA NCIA L
u58.
SITUA TION.
circles, the week has not developed any new
Failures since the 1st of January have as yet
In trade
feature.
prevent recovery, for even a very sick man of
great recuperative power may get well while violating
the laws of health.
But as contraction or depreciation
certain to
69
70
63 I Breadstuff's
63 I Dry Goods
Cotton
interferes with a free recovery in business. We do
that iri a country like ours such a condition is
rency
59
THE COMMERCIAL TIMES.
Commercial Epitome
the action of Congress as now. As is only too evi¬
all
dent,
business is under a cloud, and yet our taxes are
unnecessarily oppressive, the basis of our currency is
threatened by the continued coinage of silver, and our
bank currency is contracting under the sure process of an
accumulating surplus. Even leaving out the question of
taxation, no one of our readers needs to be told that
uncertainty as to the future volume or value of our cur¬
53
Investments, and statin City
55
NO. 968.
upon
CONTENTS.
The
INTERESTS OF THE UNITED STATES
SATURDAY, JANUARY 12, 1884.
38.
and
Railroad
-Stocks
MAGAZINE,
frequent than the prevailing fears had estimated
them, and business, though quiet, is making fair progress.
Still, there are evidences throughout the entire country of
impeded activities and sharp economies, indicating a
smaller volume of traffic in the months to come.
There is
been less
values,
a
fear of either obviously obstructs a
healthy reaction. Congress cannot too closely study the
situation or too quickly provide relief.
So far as Wall Street is concerned, there appears to
have been this week a disposition on the part of the
operators for a rise, to cut loose from all these uncertain
and unfavorable surroundings, both commercial and
financial, and put up prices. There is one feature of
decided strength to that market which is more and more
obvious as the weeks progress.
That is to say, experience
has put the bears into a very nervous, timid state, and as
the burnt child dreads the fire, so they seem to live in con¬
stant fear of a ‘‘twistj’
As a matter of fact they have
not made much money for several months, except per¬
haps by the fall of the Villard stocks. Their views of
the market have undergone no change, but it is their
nerves
that
are
affected, so that they rush to
cover
almost as fast as fresh lines are put out.
To be sure, there is now all the time one fact stand¬
ing against them, to wit, an oversold market with the
stocks in the hands of strong holders.
Conscious of
this and of their bitter experience, every little demonstra¬
tion on the part of the bulls puts the whole craft in a
flutter.
One
of these movements has been
in progress the past
week.
Its operation and results are wholly outside of the
yet no diminution in the visible supply of wheat, and
no indications of
an enlarged foreign demand ; but the greater influences which are affecting all business.
The
arrivals of breadstulfs at Western markets have fallen off, special facts of the week have tended rather to the dis¬
as
Among these, the rumors and facts
pooling
arrangements have been most
insist that it is simply a result of the heavy snowstorms.
’
Eastern and Western associations seem now
In the meantime, our exports continue small and foreign disquieting.
to bo alike unsettled.
There is a chance, of course, if not
exchange is marked up.
some
claiming that it is a sign of exhaustion, while others advantage of prices.
connected with the
probability, that the disagreements will be patched up,
that Congress is attracting unusual attention, and in the for while the managers of the roads are such large holders
absence of any real progress towards legislation, even Lof stocks of their respective companies, anything impairWith such
an
outlook commercially, it
is not^ surprising
opinions of committeemen are
read with no little solicitude.
This, though perhaps un¬
reasonable, is natural, for never can we remember when,
in the opinion of conservative classes, so much depended
rumors
and hints
as
to the
a
will, if possible, be most
j carefully avoided. In this direction is the report that at the
j meeting in this city of the Trunk line pool on Thursday,
i
ing the value of the properties
I the
rates which
earlier in the week were reduced
by the
-
42
Commissioner to the lowest
THE
CHRONICLE.
I Vol. XXAVIll,
===f
heavy output of coal and the maintenance of the price o
the same, without which circumstances the
present show¬
figure were restored againdisciplining of the Lackawanna by cutting off its
Western connections next Monday is a severe measure, ing
would have been impossible. In view of this fact,
and it remains to be seen what will be the result.
Should and of the present less
promising outlook for general
it succeed, it would afford important evidence of the
business, the suggestion is pertinent whether, after all, it
strength of the pool, and the trunk line disagreements would not be more prudent to await further developments
would then soon be settled,
That there is a prospect of before making any distribution to stockholders.
such an ending is believed by many, since otherwise it is
The decline in New York West Shore & Buffalo bonds
thought the stocks of the roads would have indicated a has been another leading feature of the week. The most
rupture, for the managers would know it and could not reasonable explanation is that the cost of the road largelv
conceal it.
Still, all that is of doubtful significance, and, exceeded the estimates and the North River Construction
besides, it will soon be known by the event whether the Company became so embarrassed as to be unable to make
differences are capable of harmonious adjustment.
further advances.
They attempted to realize upon their
Another indication which has been unfavorably inter¬
holding of bonds and stock which they had received from
preted is the falling off in earnings shown by many of time to time, and as there was no market for anything
the returns now coming to hand.
It should be.remem¬ except the bonds—the stock not being listed at the Ex¬
bered, however, that the stock market has already change—these were pressed for sale. At the same time
discounted
very
liberally the largest possibility of the supply became excessive by reason of forced sales by
unfavorable developments in the future, and as to any individuals who were embarrassed
by operations in other
continued decrease perhaps it would be well to make
properties, notably the Villards, and also by the sale of
some allowance also for a reduction in
expenses under the $14,750,000 new bonds in anticipation of their being
lower cost of materials, &c.
In addition to our monthly listed at the Stock Exchange.
The decline was aided
review in another column, we have reports from the on
Thursday by reports that the accounts between the
West for
the first week in January, 1884, from the Construction
Company and the railroad were being settled
Chicago & Northwestern, the Chicago Milwaukee preparatory to a severance of the relations between the
& St. Paul, the St. Paul & Omaha, and the Chicago & two
companies, and that when this was done a new
Alton, all of which show lower totals than a year age. mortgage would be arranged ' so as to
provide.
One reason for the falling off is that extremely cold funds for the completion and
equipment of the road.
weather retarded shipments, but this remark loses some Undoubtedly many of the statements
regarding this prop¬
of its force when we recall that the previous
year was erty are exaggerations for the purpose of unsettling con
distinguished in much the same way, and that some of fidence and producing an unfavorable effect on the market.
the
roads here mentioned had a decrease
then,, to The report with regard to the issue of a second mortgage
which the present decrease is additional.
Some traffic, lias already been denied.
In the properties with which Mr. Villard has been
however, was undoubtedly delayed, and to that extent
this is an encouraging feature for the future, when the chiefly
identified there have been some developments
existing embargo shall have been removed.
deserving of mention. At the Northern Pacific meeting
Whatever may be the outcome of the present year, a statement was presented
showing that the company had
however, there is no denying the fact that reports cover¬ earned net $2,21 1,293 during the last six months of 1883,
ing the past year’s business continue very encouraging. and that, according to estimate, it would earn $3,127,000
The latest received is that of the Philadelphia &
Reading more during the first, six months of 1884, making
to November 30.
And this makes a wonderfully good $5,338,293 for the fiscal year ended June 30 next, while
exhibit.
Remembering that it is less than four years the charges for interest, &c., would be only $3,882,341,
since the property was thrown into the hands of receivers, so that as a result there would remain a balance close on
and that scarcely eight months have elapsed since the to a million and a half dollars.
That, of course, is a good
exhibit.
But
as
Mr.
receivership was ended, the results disclosed must be an
Oakes, the
Vice President,
bases
his
estimate
for
the
second
half
agreeable surprise to even the closest friends of the enter¬
year
on
prise. We have all of us been a little inclined to make gross earnings of $7,050,000, against only $6,638,983
some allowance for Mr. Go wen’s
buoyant .temperament in for the first half, it may be a little too favorable.
dealing with that gentleman’s hopeful estimates of the Of course the road was not open its entire length during
future, but facts surely speak for themselves. The the whole of the period from July to December, but then
exhibit before us telis us that while, in 1882 the opera¬ the second half year comprises the
severest of*the winter
tions of the combined companies (railroad and
months,
and
has
always produced less favorable results
coal)
resulted in a surplus of $882,911 above all charges and, than the first half.
For instance, in the late fiscal year the
expenses, in 1883 this surplus was raised to $2,157,233, a company earned $4,324,398 gross during the first six
gain of • $1.271,292.
In other words, the surplus is months, and only $3,531,061 during the second six months,
sufficiently large to pay. should the directors see fit. a a decrease of nearly $800,000. \\re also observe that
dividend
of
7
per
cent
upon the preferred stock while actual expenses from June to December 1883 are
(of small amount) and of 0 per cent upon the ordinary reported as having been $4,427,690, for the six
stock and yet leave a small balance ($57,(134).
Of the 1^ months of 1884 to June 30 Mr. Oakes estimates they
increase
million
in suiplus, $633,482 represents profit will be only $3,923,000, or $500,000 less, and this
derived from the operation of the Central of New Jersey on a business assumed to be $400,000,greater.
Mr. Oakes
doubtless
from June 1 to November 30 (a half" year), and the
has sound reasons for making a reduction
remainder profit made in the ordinary way.
For three (probably the policy of retrenchment put in force, gives us
out of the six months during which the Central of New
one of those
reasons), but without an explanation of some
kind
the
Jersey was worked, the Reading did not have to meet any
change is open to misconception. An undoubt¬
dividends on the stock of the lessor company, otherwise edly satisfactory feature in the statement is that while
the profit from the lease would have been only about one- $3,882,341 are required for interest, &c., during the full
half what it is.
And as to the favorable result on all the year, the company has already earned $2,211,293 net
lines, this is - due entirely of course to the exceptionally during the six months which have elapsed.
The
cut
THE
January 12, 1884. j
CHRONICLE.
the week has been the
Another event of
43
Jan 7.
placing of a
Jan. 8.
I
Jan. 9.
Jan. 10.
i
Jan. 11.
$8,000,000 by the Oregon & Trans Continental
Lond'n N.Y. Lond'n N.Y. \Lond’n N.Y.
Lond'n N.Y. Lond'n N.Y.
prices.* prices. prices.* pricet. prices.* prices. prices.* prices. prices.*
Company to provide for that company’s floating indebted¬
prices.
ness.
The loan is secured by a deposit with the Farmers’ U.8.4s.c. 12344 123M 12357 1234 i 123-70 123% 123-46 1284 123-34 123%
Lf.S.4}i>s. 114-OS
114-31
1144 1 11413 1144 114T9 1144 114T9
1144
Loan & Trust Company of 90,000 shares of Oregon Navi
Brio
2S-C9
27-60
284
27
27-69
27% \ 27-45
27*32
274
274
2d con.
92-92
63
9272
92
9S69
92
gation stock and 90,000 shares each of the common and pre¬ ill. Cent. 134 03 1334 184-06 1334
183-95 1334 134-20
134-68
1384
Nf.
Y.
€..
111*81
ferred stocks of the Northern Pacific. It is reported that the
1144 11431 113% 11346 1134 11370 1134 US-46
1134
Reading 2931 •<
£8% 29-12+ 58 1 28-91+ 58
29-28+
58
58% 29 08+
8 millions borrowed is divided into 18 blocks of
$437,500 Ont.W’n
164
164
15%
13
124
St. Paul.
94-13
93-n
93%
92%
*2-06
624
93-69
9296
each, secured by a deposit of 5,000 shares of each of the Can.Pue. 57-40
934
924
56-55
574
; 56-60
56
56-78
5<$4
564
564
stocks already mentioned, and that the holders of these
Exch’ge,
blocks have the privilege of paying themselves
4-86H
4-874
'!
4-88
4-8S
during cables.
4-88
Expressed
in
their
New
York
equivalent,
July, August and September next, by taking one-half the
t Reading on basis of $50, par value.
stock pledged, the shares on this basis being
put in at par
Money on call has not risen above 2£ per cent, and the
for the Oregon Navigation stock, 50 for Northern Pacific
majority of the loans have been at 1^ and 2, with 1 as the
preferred, and 25 for Northern Pacific common. If this lowest. The
disbursements by the Treasury continue
is true, the question presents itself, what would be the
liberal and the domestic
exchanges at Western points are
position of the Oregon Trans-Continental should the hold¬ in favor of this
centre, so that the banks are
ers of the trust certificates avail themselves of the
accumulating
privi¬ reserve. It is now
reported that the Secretary of the
Of course, the company would be relieved of
lege olfered.
Treasury will issue a call for $10,000,000 bonds to mature
8 millions debt, but it would hold
.
•
1
■
loan for
-
*
45,000 shares less of about March 15.
The
following statement, made
up from
the week’s receipts and
exhibits
words, instead of 152,027 shares of Oregon Naviga¬
shipments of currency and gold by the New York banks.
tion
stock, it would have
only 107,027 shares
Week Ending Jan. 11, 1884.
Received by
(some 13,000 shares less than enough tor give abso¬
Shipped by
Net Interior
N.Y. Banks. N.Y. Banks.
Movement.
lute control
of
that
organization), and instead • of Currency
12,027,000
*11,096,000
Gain. 4931,000
301,634 shares of Northern Pacific common and pre¬ Gold.
45.000
30,000
Gain.
15.000
each of the stocks in
ferred
stocks it
trust than it now
the determination of the
a new7
mortgage
millions to be
In other
would hold
connection with the Villard
place
holds.
used
on
to
only 211,634 shares.
properties, we would also
returns
by
us,
Total gold and legal tenders
In
note
collected
*2,072,000
11,126,000
Gain.
4946,000
*$270,000 of this was transferred in the
shape of silver certificates
by a deposit of sold in the Sub-Treasury.
Oregon Navigation Company to
The above shows
its property for $14,280,000, six
ings of gold and
retire the
the actual
changes in the bank holdcurrency caused by this movement to
existing debt, and and from the interior. In
addition to that
$1,200,000 to be set aside for the 8 per cent scrip outstand¬
movement, the
banks have gained
$2,700,000 through the operations of
ing, leaving about 7 millions to be used for other pur¬
the
Sub-Treasury.
Adding that item therefore to the
poses.
The placing of this mortgage is significant as
marking a change in the company’s policy of supplying | above, we have the following, which should indicate the
| total gain to the New York Clearing House banks of gold
its needs for new construction, etc.
Heretofore all the
and currency for the week covered
by the bank statement
money required has been raised on new issues of stock
to be issued
to-day.
offered to stockholders at
par,
the capital having
been increased from 6 millions to 24
millions in this vTay,
while the bonds were
large
premium
inducement
to
Week Ending Jan. 11, 188-1.
kept unchanged at 6 millions. The
|
by the stock offered an
commanded
stockholders
to
subscribe
for
the
Into Banks.
Out
of Banks
r
Hanks’ Interior Movement, as
Sub-Treasury operations, net
above
Total gold and legal tenders
new
42,072,000
2,700,000
i
M, 7 72,000
Net Change in
Bunk Holdings.
41,126,000
Gain.
;
Gain.
41,120,000
$946,000
2,700.000
Gain. $3,046,000
The Bank of
capital, but now that, the premium has
England report shows a gain of £45,000
substantially
vanished, that mode is impracticable, and hence resort bullion for the week. This represents
£256,000 received
is made to an additional issue of
from the interior and
bonds.
£211,000 exported. The Bank of
Foreign exchange continued strong until yesterday.when France lost 3.450.000 francs gold and 4,050,000 francs
silver,
there were
larger offerings and a reduction in rates. The and the Bank of Germany since our last shows a decrease of
demand lias been
partly speculative, bankers buying long .‘> 240,000 marks. The following indicates the amount
sterling intending to hold it 'until it becomes short, thus of bullion in the principal European banks this week and
realizing about 3 per cent per annum for their money, at the corresponding date last year.
and
taking the; risk of a decline in rates within sixty I
Jan. 11, 1884.
Jan. 12, 1883.
days. There is also a good inquiry for bills to 1
remit
and
which
for
a
West
raccounts
due
in
somewhat
to cover
the indications
cotton
India
and
London,
urgent
for
demand
bills
with
speculative sales made sixty days ago when
pointed
to a
breadstuffs.
more
liberal
movement
of
The
supply is very light, the
shipments showing a large falling off and the
export of grain being checked
by speculation. Bankers
cotton
regard a further advance
It is difficult to
see
how
possible but not probable.
speculators can much longer
carry the load of grain whichthey have in store, especi¬
ally when the price is steadily
declining and the staple
deteriorating, the latter fact being shown by the posting
this week at the
Produce Exchange of over-500,000
oushels of w7heat which had been
partially destroyed by
weevil and
rotting. The following showTs relative prices
:/°f leading securities
Opening each day.
in
as
London and New York
at
the
Bank of
England
Silver,
£
*
21,482.273
jl
i
Gold.
Silver.
£
£
20,617,688
37,884,119 39,652,807 37,899,019 13,182,790
7,022,675 21,068,025
7,104,000 21,492,000
Bank of France
Bank of
Gold.
Germany
Total this weok
p
-potal previous week
66,389,067 60,720,832 65,680,737 64,674,790
66,465,469 60,859,099 65,551.541 64,315,168
The
Assay Office paid $86,709 through the Sub-Treasury
bullion during the
week, and the Assistant
Treasurer received the
following from the Custom House.
for domestic
■
Consisting of—
tc.
Duties.
Gold,
U. 8.
Notes.
.
Jan.
4.2.
5...
$600,916 86
401,491 28
380,053 46
$24,000
395,223 30
11,000
10...
285,331 83
518,797 29
16,000
to...
$2,587,814 02
7...
8...
9...
11,000
5,000
9,000
?
Gold
Silver Cer¬
Ceriif.
tificates.
$30,000 $446,000
12,000
297,000
26,000
272,000
17,000
242,000
17.000
175,000
35,000
375,000
$76,000 $137,00-> 1.807,000
$107,000
81,000
77,000
125,000
84,000
93,000
$567,')- O
E
THEREl
A question seems still to be troubling some minds as to
the advisability of redeeming at par and recoining trade
HOW MANY
TRADE DOLLARS ARE
broadest.
has been lifted into
self to
is so clever as to be able to tell the
number of trade dollars each wily Chinaman has taken
former official who
pocket when he has revisited his home. Be that as it
may, turning to the Government import and export figures
of coin, there seems not only nothing of fact to support
in his
already doing it, and it is possible that it may
either statement, but a contradiction of them.
Until
favorable hearing. Bat before committing one’s
fiscal year of 1877-8 there was no attempt made in
that side of the question, there seems to be a very
not
are
its possible
except the
Possibly the authority for those figures is a
is, as we have seen, too serious a question in
results, to allow one to accept any estimate
It
respectability
by Secretary Folger advocating it in his last report to
Congress. Of course the speculators, who mainly hold
them, will soon press their case at Washington, if they
This proposition
dollars.
receive
CVol. XXXVIII.
THE CHRONICLE.
44
a
the
the
distinguish between foreign and
important point which any prudent representative, what¬ American coin.
Up to the close of the previous year,
ever be his views as to silver, will seek light upon.
We June
30, 1877, the mint had turned out $24,581,350 of
refer to the quantity or number of these dollars that are
the trade dollars ;
the first were in 1874 when the
still outstanding and now waiting for redemption.
amount was $3,588,9 00, in 1S75 it was $5,697,500, in
We are led to this inquiry because the estimates lately
1876 it was $6,132,050, and in 1S77 it was $9,162,900.
put out by Government officials find no confirmation what¬ With then a trade dollar coinage of a little over 24 J
ever in
Government statistics. Mr. Folger states, “ it is
millions from IS74 to 1877 inclusive, the silver coin
believed,” that our people now hold no more than
and exports for the same period were as follows.
five
to
eight millions ” of these dollars ;
and imports
i
Excess of
of
the portion which still remains abroad he adds,
i
Silver coin, fiscal years
Exported.
Imported.
Exports.
lie gives,
1871 to 1^77.
1
1
the presumption is,”
for reasons which
$3,333,253
come
$11,823,230 $ 15,206,4 83
upon New York
that an embarrassing amount will not
15,054,914
14,017,997 j 29,072,911
S;ui Francisco
“us.” The fair inference, perhaps, from these suggestions Other
-3,410,500
1,453,940
4,8
4.440
ports
would be that in the Secretary’s opinion a little over eight
$30,705,607 $ 15.733,334 $ 15.027.6G7
Total, 1874-77
millions is the extreme limit of the provision which will
Here is a summary which plainly indicates that up to
be required, if any provision is made to redeem at par.
June 30, 1877, the statistical. reports afford no justifica¬
At all events, whether or not the Secretary meant to be
tion for the statements that the trade dollars had all been
so
understood, that figure is the outside total which is
exported and none returned ; for it shows a net export
generally favored by Government officials and others who of only 15 millions, against a trade dollar coinage of 244
advocate the policy of redemption and re-coinage.
In millions. Of course these figures include the movement
fact, this week it has been stated in the Herald by one of
subsidiary silver, and to that extent (small in amount
Government returns to
“
“
“
_
u
Washington correspondents, that Representative
Bland had just had an interview with Mr. Burchard,
Director of the Mint, and the latter expressed it as his
its
of
opinion that there were only five or six millions of these
out.
We do not know whether Mr. Burchard is
accurately reported in that statement, but we have good
reason for believing that his opinion does not differ very
materially from that given.
coin
careful in accepting these
opinions, since this is a point upon -which any legislator
would obviously prefer to err in over-estimating rather
than under-estimating. In the first place we are trembling
of silver dollars ; would it not
even now under a load
therefore be a bold man who would jump into this pro¬
cess of re-coinage without first obtaining pretty accurate
knowledge of the extreme dimensions of the job? Or if
One
needs
to
be
very
determined to redeem them simply—how reckless and
inexcusable it would be in Congress to act before it was
it is
perfectly clear what was the outside
appropriation needed. The draft on the
made
official expectations which
amendment is causing, forcibly suggests
excess
of
limit of the
Treasury in
the pension law
to any
committee
importance of being doubly cautious in accepting such
they involve an appropriation. Our mints
have coined $35,959,360 of these dollars.
Is it five, eight
the
estimates when
millions that are now waiting to be redeemed
—that is the question first to be settled ; and if the latter
amount, the proposition is obviously a much graver prob¬
lem, than if only the small sum of five or six millions, as
Mr. Burchard is reported to have said, so remains.
Coming, then, to an analysis of the evidence bearing
upon the question, we find in the first place that Mr.
Folger bases his calulation on the supposition that “ fivesixths of the coinage” went abroad in the beginning and
that but little came back.
Here are two statements
which, if the Secretary has been rightly informed, ought
to be susceptible of proof ; and if they are not susceptible
of proof we cannot but reject them in this discussion.
or
twenty
judge) not capable of -being analyzed. But if
that all foreign coin which came in went out
again, which presumptively is a fair assumption, especially
since the trade dollar a part of the time was worth more
here than even its bullion value, and decidedly so in 1877,
we
should
we assume
$9,162,900 were coined, and therefore
retained if either was—on that assumption we
would be
when
which
seems to us to be fair, the stock
of trade dollars in the
country on June 30, 1877, would be somewhere about
(even allowing 24- millions for return of subsidiary silver
and foreign coin melted) 7 million dollars.
Thus up to
that date (1877) there is not only no evidence in these
trade figures to support the Secretary’s statements, but a
presumption of their inaccuracy.
Besides we are not left to mere presumption on this
point, since we have in corroboration some positive evi¬
In the Mint report for the year ending June 30,
dence.
1877, the Director states (on page 13) “ that the trade dollar has of late entered to some extent into domestic cir.
dilation, and this for the reason that from time to time
“since United States notes have appreciated nearly to par
with gold, holders of silver bullion have been able to
“have the same manufactured into these coins and exchange them at par for United States-notes with a small
profit.” Mr. Secretary Sherman in his report dated
December 3 (page XX.) of the same year (1877) is much
explicit, for he asserts that in October it
say,
“
“
“
“
“
more
had
become
so
“apparent
that
th ere
was
no
“further export deal and for trade dollars, but that
deposits of silver bullion were made, and such
“dollars
were
demanded of the Mint for circu¬
lation in the United
States,” that lie temporarily
“
suspended the coining of them, as the mints were then fully
occupied on the subsidiary silver which at the time was
being issued and substituted for the fractional currency.
Here, then, we have two officers of the Government very
plainly asserting that in 1877, when we made the large
January
THE
12, 1884.]
The above shows that for the
period covered by this table
import of $1-1,907,735. And
here we wish to remark that so far as the imports of silver
coin are concerned no reliance whatever can be placed
upon the division above made between American and
foreign. This is not in the least the fault of the officials
*
in charge, but is a necessary result of the circumstances
themselves.
In the first place the consignee has no
coinage of $9,1 62,'900, the export demand
tially stopped, and the dollar was being used
had substan¬
here as cur¬
will bear in mind that not only
the movement resulted in
rency.
Furthermore, if we
was there at this
time a decided
profit in bringing these
coins home from the Fast, and setting them afloat here as
currency, but that this condition was also clearly foreseen
before it was realized, it will be admitted that the imports
of silver coin during 1877 (when the total imports
reached the large aggregate of $9,797,610) must have
included quite an amount of trade dollars.
This was the condition at the close of the year 1877.
But too much profit was to be realized at that date in
this coinage operation to let it quietly sleep, so our clever
silver kings in the fiscal year 1878 again induced the
Government to coin trade dollars, and it was continued
until the total number for that year reached $11,378,010.
The excuse for this resumption was an increased demand
on the Pacific coast for Chinese new year settlements/’
But subsequently it “ transpired” (so the Government report
reads) y that trade dollars manufactured under this author¬
ization were not ail shipped to China, but the larger
portion were transported to the Mississippi \ alley as
well as to the Eastern States, and there placed in circulation,” and hence the coinage was again suspended. The
amount not exported must, of course, be added to our home
interest whatever in
it
it stood in 1877.
Turning now to the figures for silver coin imports and
exports during the years subsequent to 1877, we find
still other evidence that the total to be redeemed has been
caused
East
our
as
well
as
circulation here.
to
“
In considering this foreign
be received with less favor in the
increased the profit on their import and
These forces could not help resulting in
being sought for and sent to the United States as
rapidly as they could be collected. In confirmation, we
give the following statement of the shipments and receipts
of silver coin made up from the Bureau of Statistics
reports during the years 1878 to 1883 inclusive.
their
UNITED STATES
l.Ml’OKTS AND EXDOKTS OK SII.VEK
case
“
should not overlook
dollars
furthermore in this
u
the decline in the
value of silver bullion which had then taken place, for it
we
sent, and
to the
advantage of both the consignor and consignee
keep the extent of the trade dollar movement concealed.
Had the country known how rapidly they were being
imported, they might not have been absorbed into the
circulation so freely, or the Government might have made
a more active
opposition to their use.
That all of these trade dollars that could be gathered up
were imported, is further evident
from the circumstance
that Mexican dollars began to arrive in such considerable
quantities that the Government even issued a circular point¬
ing out in plain terms that they could not be used in the
United States, and that in no sense were they a legal ten der.
This circular discredited the coin, and put an immediate
check upon the effort to get them into circulation, so they
passed out of the country again. In referring to this
movement, the Director of the Mint in his report for 1878
stated that li after trade dollars could no longer be -procured
to be placed in domestic circulation, money dealers and
speculators imported Mexican silver dollars to a large
extent and placed them in circulation,” &c.
This state¬
ment only represents the prevailing opinion of that period
as to the inducement
existing to pick up the trade dollar
for shipment here, and the effect it had in sending them
to the United States.
The presumption must be that the
above net total of $14,907,735 is almost wholly made up
of American coin, since, with silver bullion at say 5Id. per
ounce
(near which it ruled during all the period covered
by the last exhibit), none other would be worth keeping
or
melting here.
We have thus suggested some of the leading points
which will help one to make up a fairer estimate than
now prevails of the number of trade dollars in existence
here and awaiting the action of Congress.
First, we have
was
to
“
movement
being particular about describing the
different kinds of coin
“
greatly under-estimated.
net
.
“
as
a
°
“
stock of trade dollars
45
CHRONICLE.
COIN.
the amount coined in 187 7 and 1878
($20,540,910), which
Director of the Mint and the
Secretary of the Treasury
in those years stated was largely kept at home for circu¬
lation—a necessary conclusion, from the fads (1) that
much of the time it was very profitable to do so, and (2)
from the first month of those two years that condition of
profit was seen to be rapidly approaching by the gradual
appreciation of our paper currency. Next we have the
imports so marked a feature, especially for the years 1878
to
1881 inclusive, drawn here first by the prospective,
and after that by the assured, large return the consignors
secured for their venture.
And finally we have the
knowledge of almost every individual as to the very
important part in our circulation these trade dollars
held previous to the time they were discredited, for they
were
everywhere present, and in most places extremely
abundant.
Altogether, then, it seems a moderate estimate
to say that 20 millions of those" dollars are still in exist¬
ence, the most of which are to-day held by speculators
who are already pressing their claims upon Congress.
the
RAILROAD
EARNINGS
FROM JANUARY 1
The December statement
Excess of exports,
i
IN DECEMBER,
AND
TO DECEMBER 31.
of earnings
is not so satisfac¬
tory as have been the returns for other recent months,
The figures continue above those of a year ago, but in
46
amount
THE CHRONICLE
and
ratio the
gain recorded is quite moderate.
gain particularly noticeable is
that the comparison is with a month in 1882 itself noted
in the same way—that is to say, December,
1882, did not
show a very large amount of increase.
The gain then was
only a trifle over G per cent, and this year is but 4 per
cent.
If, however, neither 1883 nor 1882 has shown
much increase, in 1881 the gain was
very heavy, and it is
gratifying to note that the improvement since then has
What makes
[Vol. xxxvm.
the
been continuous
at
The influences
Gross
smaller
least.
operating
railroad receipts have
been general rather than special.
Chief among these
must be mentioned the
existing depression in business,
which has become
upon
unfavorable feature
an
even
in
Name
Earnings.
of road.
1883.
Norfolk Ac Western L.
Shenandoah Valley.
Northern Pacific*
Ohio Southern.'.
Peoria Dee.AcEvansv.
Rich. Sc Danville
West. No. Carolina.
Rochester Sc Pittsb...
St.L. A.AcT.H. m.line.
Do do (branches).
St. Louis Sc Cairo*
St. Louis Sc Sail Fran..
St. Paul Sc Duluth....
St. Paul Minn? Sc Man.
Wab. St. Louis Ac Pac
Increase or
18S3.
Decrease.
1882.
$
$
193,928
216,523
62,863
636,200 1
33,981
61,958
331,500
33,232
39,157
91.178
72,195
21.230
421.180
94,901
’
—54,035
1,331,952
+ 186,336
the
Grand total
427,500
502
240
428
240
2,372
128
1,419
254
757
206
294
195
138
146
740
208
128
254
757
190
125
195
121
146
724
208
1,387
3,518
1,020
3,518
—3,160
-6.024
+ 31,756
+ 2,031
92,873
o3jt) 1 o
#
Total (57 roads).. 21,022,356 20,243,083
Oregon R’way & Nav.
-5,176
+ 12,856
+9.100
+ 10,156
+ 63,178
+ 1,842
49,102
322,400
23,076
28,000
124,621
75,355
27,254
339,421
699,480
1882.
$
+ 22,595
+ 15,933
+ 195,102
46,930
441,098
126,463
1,518,283
Mileage.
+779,273 46,837 42,750
230,650
+ 146,850
21,449,856 20,523,731
+926,123
*
Three weeks only of December in each
year.
West, the section until recently less affected than any
1 For 28 days only of December each year.
other in this respect.
As a result we again note a
Northwestern roads are not this time noted for their
decrease in passenger earnings in the case of a few iso¬
gains. Neither were they in 1882. The Chicago &
lated roads (the only ones
reporting) and have no doubt Northwestern loses $20,000, after having lost $29,000 a
that in many instances also there has been a diminution in
year ago.
The loss for the fourth week of the month is
the volume of general and miscellaneous
freight. As far reported to have been $151,700, but that is due to the
as
the grain movement is concerned, the
receipts at fact that the actual receipts last December (1882) exceeded
the Western towns show that while in
some
of the cereals
the estimated
by $108,000, and the company has appa¬
falling off, the aggregate of all was rently added the whole of this amount to the figures for
much the same as in
1882,^though of course individual the last week. On the ordinary basis the loss would have
roads may have been favorably or
unfavorably affected, been only about $43,000. Still, it remains true of this
according as they carry chiefly this cereal or that. In road, as well as almost all others in the same section, that
there
has
been
a
cotton there has been
in
in
on
the whole
smaller volume than
a
December, 1882, but here, too, the result is not alike
all sections, and some of the
ports even exhibit an
increase.
quite
We have
drawback
seen
it stated that cold weather
this
year
was
in some parts of the
railroads, but-that remark
applies, we think, more particularly to the early days
of January (rather than the
closing days of December), as
there have been no direct complaints from the roads
reporting to us for December. In the following table,
giving earnings and mileage of each road, the effect of the
a
West and Northwest with the
various influences at work
be studied.
can
*
GROSS EARNINGS AND MILEAGE
the
last week
the least favorable of the
instances, as in the case of the Burling¬
ton Cedar Rapids & Northern and the St. Paul & Omaha
roads, where our table showrs an increase for the month,
this is only because of gains made in the
early weeks, the
last week recording a
falling off. The Milwaukee & St.
Paul exhibited an increase all through the month,
but in
the last week the increase was
hardly more than nominal
in amount.
The St. Paul's gain
($186,000) for the month,
however, is in addition to a gain of $110,000 in 1882,
while the Northwest last year lost
$29,000, as already
stated, and the Omaha road lost as much as $68,000,
In
month.
which
IN DECEMBER.
18 S3.
188.2.
Increase or
Decrease.
*
Burl. Cert. Rap. Sc No.
Canadian Pacific
Central Iowa
Chesapeake Sc Ohio*.
Eliz.Lex.Ac Big San*
Chicago Ac Alton
Chic. Ac Eastern 111
Chic. Sc Or. Trunk;
Chic. Milw. A'St. Paul.
Chicago & Northwest.
Chic. St. P.Minn. AO
Chic. & West Mich....
Cin. Wash. Sc Balt
—
..
Cleve. Akron Sc Col...
feDenv. Sc Rio Grarnle
Des Moines & Ft. D.'
Detroit Laus’g & No..
Eastern*
East Tenn.Va. & Ga..
Evansv. & T. Haute..
Flint Sc Pere Marq...
Flor. Cent. & West’nFlor. Tran. Ac Peniu*.
Fort Worth A: Denver
Grand Trunk of Cant
Gr. Bay Win. & St. P.
Illinois Central (III.)..
Do
(Iowa lines)..
Do
(South, uiv \
Ind. Bloom. A West...
Kan. C. Ft. S. A Gulf’
Kentucky Central'..
Lake Erie & Western
Little Rock Sc Ft. S...
Long Island
Louisville A Nasliv...
Milw. L. Sh. Sc West..
Missouri PaeilicJ
Central Branen.
Mo. Kan. A Texas!!.
Texas A Pacific.
Mobile A Ohio
...
...
216.062
+15.115
+ 89,1)00
+ 16,008
231.000
102.229
187,678
37.876
701,064
140.458
229.742
1,964.708
1.826.029
3(54,946
125.477
174,024
39.676
443.000
21,286
46.562
732.105
141.289
243,617
2.151.000
1.80*1.600
44 i.000
104,118
142.669
33.816
580.450
24.039
106:702
+ 8,686
31,041
+ S31
+ 13,875
+ 186.292
-20,329
+79,054
+
-21,359
—31,355
—5.860
+ 137,450
•
639
1,150
401
512
130
847
240
335
4.671
3.798
1,280
110
281
144
27 6
512
130
1,160
14,808
+ 6,221
+ 26.493
225
138
225283
900
146
347
234
243
110
-
279
+ 7,132
+ 1.700
144.418
-1,851
-52.861
1-1,220
—9 1,996
—2.399
283
1.123
146
347
234
243
1 10
2.322
2 322
225
928
402
578
681
386
189
385
168
352
225
919
402
573
684
386
151
385
163
352
2.028
306
129.044
41.652
70.704
65,357
153.3 18
111,285
40,307
S2.739
83.591
-1+231
156.960
-3.612
1.232,900
1.221.509
f 11.391
+ 2.880
2,066
-21,122
1.901
38^
2,211
1.487
528
79,465
1.496,853
154.109
1,058,985
055.402
290,029
»
6.585
1,517.975
120.577
1,098,578
04 1,049
306.723
383
281
144
143
-6
•
4,455
3,476
1,147
1,679
—6,506
-
847
240
335
+ 2.753
-
341.341
59,982
206,171
34,119
40.339
27.900
1.490.202
37.978
572.764
156.880
603.596
205.211
713
1,931
'
+ 48.912
121.510
172,372
178,593
367,834
59.976
199,665
202,812
1832.
$
261.207
320.000
118.237
236.620
33,810
47,471
29.600
1,335,78 1
36.127
519.900
158.100
510.600
1883.
+ 1 7.759
f 1.3 45
-12,035
+ 33,532
—39,593
+ 14,353
-10,694
326
Throe weeks only of I) 'cember in each year.
For four weeks omleil December 29.
§ [ucludes St. Louis Iron Mountain A; Southern in both years.
|| Includes International As (-treat Northern in both years.
6 Includes Utah linos in 1833.
1,901
388
2,2 11
1,487
528
some
latter,
good this
Name of road.
it
will
be
seen,
was
more
than
made
The influence of the grain movement
upon the earnings of these roads may be seen from the
following table of the receipts of flour and grain at the
leading lake and river ports of the West for the four
yea?-.
ended
weeks
December
It
29.
Chicago and Milwaukee both had
wheat, which must have been
a
will
very
be
noticed
that
large receipts of
favorable feature with all
the Northwestern roads, while both
points exhibit a falling
however, was not of equal
importance to all roads, and not unlikely affected the lines
further south—say Rock Island and
Burlington & Quincy
—more than any others.
off in the item of corn, which,
RECEIPTS OF FLOUR ANT) GRAIN'-FOR FOUR WEEKS ENDED
DECEMBER
Flour,
bbls.
Wheal,
Corn,
bush.
Oats,
bush.
bush.
Barley,
bush'.
Chic’go—
..
32,6.639
..
..
..
..
..
..
..
..
..
..
3,043,399
1,615,352
272.605
1,649,229
345,368
1,104,456
1882
1331
67,206
138,240
177,900
273,958
754,338
32,259
750.396
51,497
388,949
373,338
257,475
85.575
30,203
67,988
244,227
4,000
112.339
741.134
1.826,790
143.813
1.008,007
1.609,650
13,610
1.007.533
589,046
521.870
4,813
1 3,226
23,496
455,330
791,841
263,229
571,43'
65.266
8,580
19.491
5.240
72,208
117,769
115,570
..
1.925
11.400
75 ?,(. ()5
5,336
25,250
823.725
124,279
105,437
32.850
40.92
13.250
471,700
436,196
530.180
549,725
360,867
6,012
1
17,740
10,123
13,212
74,543
18,994
14,200
1,000
46.300
63.000
78,600
04.000
—
..
.
..
'Tot. of all
1883
4,290,798 2,463,506 1,046.929 447,244
5.616,423 2,473,845
624,326 180,358
*
..
Duluth
1883
1882
Rye,
bush.
■
..
1882
29-
<
297.906
1883
1882
Mil'kee—
1883
1882
St. L’is—
1883
1882
Toledo—
1883
1882
Detroit—
1883
1882
Clevl’d —
1883
1882
Peoria—
1883
*
•
this year was
..
..
..
......
•
736,471
S4,8 05
561.532
7,459.721
5,687.908
2.753.706
7.794,106 3.785.052 2,241,248 645,818
8,940.3 4 4,061.450 1,908,94 4 340,181
5.081.599 2.321.298:1,828.499 250.836
January
Roads
THE
12, 1884.]
like
the
CHRONICLE.
Indiana
Bloomington & Western, the
Lake Erie & Western, the Ohio Southern, the Cincinnati
Washington & Baltimore, the Cleveland Akron & Col¬
umbus, and the St. Louis & Cairo, which lie in the district
afflicted with poor crops, all exhibit a falling off in
earnings. The lines running north from the Ohio River
—either to Chicago or in that direction—exhibit an
increase
in
Decatur &
one
two
or
instances.
Thus
the
Peoria
Evansville
gains $12,856, or about $3,000
more than it lost in December,
1882, and the Chicago &
Eastern Illinois gains $831, which, however, possesses
little significance in view of the loss of $12,000 the
previous December. The figures of the Evansville &
Terre Haute are nearly alike in 1882 and 1883, but in the
year first mentioned there was a decrease of about $3,000It is, however, the Illinois Central on its main line
(among this class of roads) that makes relatively the least
favorable showing.
We-find here a decrease of $52,864,
in addition to a similar decrease of
$10,000 on that
division in December, 1882, and this
despite the fact that
47
RECEIPTS OF COTTON AT SOUTHERN PORTS IN
DEC.,
1883.
bales.
Imlianola, etc
New Orleans
Mobile
Florida
Savannah
1882.
|
145,709
Dec....
3,577
329,027
00,651
Dec....
Royal, Ac
Wilmimrton
Moreheud City, Ac
.V
City Point, Ac
Total
The
'■
01,933
1
'
7,773
Brunswick, Ac
Norfolk
789
395,559
3,955
123,745
Charleston
Port
117,214
AND
!
i
Galveston
1883
147,407
388
05,102
j
4.843
14,945
i
!
3,088
|
5,570
1,319
!
-
103,241
2,655
25,818
131,039
48,037
;
145,302
j
47,538
978,055
i
1,021,889
falling off at Galveston here
noted
1882.
Difference.
28,555
2,788
Inc.... 60,532
Inc....
4,282
Inc....
3,818
Dec.... 23,662
Dec....
931
Dec.... 38,139
Inc....
2,188
Dec.... 10,873
Dec....
Dec....
Inc....
1.482
14,323
1,099
Dec.... 43,834
reflects the
diminished
yield of cotton in Texas. It will be observed
ports, too, there is a heavy falling off
—in the case of Charleston
larger even than at Galveston.
This affords evidence of how
very short the cotton crop is
in South Carolina this
year.
The effect of this contrac¬
tion in the principal item
of freight upon the business of
some of the roads in that
State, is shown in the case of the
South Carolina Railroad, which
reported earnings of only
the road carried 10,902 bales of cotton north from Cairo
$124,820 in November, 1883, against $151,681 in Novem¬
in 1883, against only 5,495 bales in
1882, and but 887 ber, 1S82—the December figures not
yet having come to
bales in December, 1881.
hand.
At New Orleans there was a
very heavy increase
The roads running southwest from
Chicago and St. in the receipts of cotton in December, but the water
Louis (except where affected by
the diminished yield of route (Mississippi River and its
tributaries) supplied the
cotton in
Texas) make probably a better showing than any greater part of this. On the Southern line of the Illinois
others in our list, and these same roads had
heavy gains a Central, indeed, there is quite a falling off, that road
having
year ago, so that their present increase is all the more
brought only SI,036 bales of cotton to ■ New Orleans in
noteworthy. The Chicago & Alton (running to St. Louis Dec., 1883, against 102,096 bales in
Dec., 1882. This
and Kansas
City) had an increase of no less than $54,000 explains that road’s falling off in earnings. To what extent
in December, 1882, and this
year retains it all and adds the smaller cotton movement on this line is
chargeable to
$31,000 more to the amount. The St. Louis & San Fran¬ the competition of new
roads, we do not know, but it is a
cisco showed a gain of $52,000, and now further
improves remarkable fact that the New Orleans & Northeastern,
upon this to the extent of $81,000.
The Wabash records which has only just been opened for*
business, carried no
over $186,000
increase for the month, but had only a less than 32,014 bales to the Crescent
City in December.
small increase in December, 1882.
Its gain this year is This road brings a large section of
Mississippi into more di¬
larger than that of any other road in our list except rect connection with New Orleans, and should therefore be
the Northern Pacific.
The Central Branch of
the Union
that at the Atlantic
of great
benefit to that city. Mobile, like New Orleans, had
larger cotton receipts in December, 1883, than in Decem¬
mentation of $33,500, in addition to the
augmentation of ber, 1882, but the gain is almost entirely on the Mobile &
$34,500 a year ago. On the Missouri Pacific, as now Montgomery division of the Louisville &
Nashville, and
reported, we have a decrease of $21,000, but as this in¬ not on the Mobile & Ohio, which delivered about 500 bales
cludes the result on the Iron Mountain road, we cannot less at
that port than in the previous
year, and whose
tell how much of the decrease occurred on the Missouri
earnings for the month record a falling off of about
Pacific proper. The combined roads
gained over $206,000 $16,000.
in December, 1882, so that their
With the exceptions
present exhibit (in view
mentioned, Southern roads in
of the diminished amount of cotton traffic
offering to the general make very good exhibits.
The Louisville &
Iron Mountain road) is not
unsatisfactory. On the Mis¬ Nashville has only a small increase, but the East Tennessee
souri Kansas & Texas
(including the International & and the Norfolk & Western both record decided improve¬
Gt. Northern) there is a loss of
$39,000, but this ment over a year ago, notwithstanding a smaller cotton
is on a gain of nearly $250,000 on the combined roads in traffic in their
district, as reflected in the diminished
Pacific
(operated by the Missouri Pacific) records
1882.
In this
case we
know that
the
loss in
an aug-
1883 is
receipts of the staple at Norfolk. The same remark also
road, and applies to the Chesapeake & Ohio, with its allied road the
is due to the smaller yield of cotton in Texas.
The Texas Elizabethtown Lexington & Big
Sandy. The Richmond
& Pacific in the same State however makes a moderate & Danville has a
moderate gain, which falls
considerably
improvement, which is the more significant that its earn¬ short of covering the floss of a year
ago.
Of the two
ings in December, 1882, recorded nearly $240,000 increase. Florida roads in our table, one shows quite a
gaih and the
The Gulf Colorado & Santa Fe, which is not in the Gould other a small loss.
system, has a loss, we understand, but a year ago gained
On the eastand-west trunk lines there is reason to
on
the lines of the International & Great Northern
$101,000.
In Arkansas
we
have the return of the Little
believe the
showing is not altogether favorable to the present
Smith, and this shows a loss of over year. These lines, unlike those in other sections of the coun¬
$18,000, or more than 20 per cent. Last year the road try, had an exceptionally heavy business
during the closing
had a gain of about $21,000.
To show the part played months of 1882, and the conditions having been less encour¬
by the cotton movement in affecting the earnings of these aging during the same months of 1883, it is only natural
as well as other Southern
roads, we give below the follow, that earnings should reflect the change.
In reviewing the
ing table of the receipts of the staple during the month statement of ttie Lake Shore, two weeks ago, we showed
this year and last, premising
the figures with the remark that that road had been sustaining diminished receipts of
that though the aggregate receipts are smaller than in
late, and our table aoove makes it clear that the Grand
1S82, they are 100,000 bales greater than in 1831.
Trunk of Canada has been affected in the same
way, as
Rock
&
Fort
THE
48
CHRONICLE
[Vou xxxvm
during the four weeks of December this year it has lost no crop of the year previous. On the great east and west
less than $141,000, this being the only one of the trunk trunk lines the first six months of the year made an
lines east from Chicago from which we get weekly exceptionally favorable exhibit, since the comparison was
with a period of low rates and small crops in the year
returns.
Among roads in other sections of the country it will preceding, but in the last half the comparison was with
be noticed that the Michigan lines are not faring as well one of the best half-year periods these roads ever had,
and diminished receipts on many of them in 1883 conse¬
as heretofore, all of them recording a decrease in Decern
ber.
The Denver & Dio Grande has quite a large quently followed.
Northwestern roads were adversely
affected by bad weather early in the year and recorded a
gain for the month, and it is clear that under the tripar¬
tite arrangement recently concluded in the West the decrease, but this was more than recovered in the
-position of this road has assumed greater importance than succeeding months, and after that, up to Decem¬
very heavy gains
indeed, so that
before. The Oregon & Navigation Company has this time ber, they made
in
a
point of improvement on the year preceding
very handsome gain in gross, which also extends to the
Southern and South¬
net.
In the East the Long Island shows a small decrease, they lead all other roads in our list.
western
excellent
roads
make
exhibits, having been
and the Eastern of Massachusetts still keeps steadily
favorably influenced by the large yield of cotton in 18S2,
mounting upward.
With December we have the calendar year complete, and the diminished yield of 1883 not having exerted much
and our table below comprises the full twelve months in of an adverse effect till just as the year was closing, and
both 1883 and 1882.
Though the past year has not been only partially then. The year, it should 'be said, was not
favorable to the development of general business, the marred by any railroad wars of magnitude.
There were
local disturbances in almost all sections of the country, but
depression in our industrial interests having steadily
gained force to the end, and though the distrust engen¬ in no case did they reach the dignity of a “ war.” With
dered by the uncertainty as to the future has discouraged these remarks we give the following table.
but the most ordinary ventures, railroad earnings
continued to make noteworthy improvement on preceding
any
years.
Indeed, if we had railroad receipts as the only
basis for forming an opinion of the year’s business, we
should be forced to conclude that 1883 had been a very
profitable period to all classes of our people. But as it is
notorious that quite the reverse is true of the year’s j
results, the increasing business of the railroads can only !
be explained on the theory that the volume of trade has |
been fully kept up, and that only profits have been unsat¬
isfactory. And this is in fact the feature that has
characterized and distinguished 1883.
The downward
movement in prices which has been in progress since
1881 not having been preceded by a financial revulsion, like that of 1873, lias led merchants and
manufacturers to look for momentary signs of a sharp
reaction and recovery, and inclined them not to contract
operations to the extent they otherwise would have done.
-At the same time, under this general disposition to regard
the existing depression in business as merely temporary
and soon to give way to a more satisfactory state of things,
the longed for upward reaction in prices has been deferred,
since production was not being restricted in a correspond¬
ing ratio to the enforced restriction in consumption, and
thus the margin of profit grew steadily less, and business
became in truth decidedly unsatisfactory.
Of course, the
only remedy is in establishing a proper equilibrium, and
as the year drew to its
close there were signs that the
remedy was being applied, with the result of a curtail¬
which in some cases
unfavorably affected railroad receipts. The same circum¬
stances also caused a falling off in the passenger move"
ment of some roads during the late months of the year.
As relates to the volume of agricultural produce, the
railroads had, as a rule, a large tonnage pretty nearly the
ment
in
the volume
of business,
GROSS EARNINGS FROM JANDARY
Name,
*
Burl. Cedar Ran. & No..
Canadian Pacific
Central Iowa.
Chesapeake it Ohio*
Eli/.. Lex.it Big SandyChicago & Alton
Chic. A Eastern Illinois.
Chicago it Gr. Trunk
...
Chicago Milw. it St. Paul
Chicago it Northwest...
Chic.St.P.Minu.it Omaha
Chicago it West Mich....
Cin. Wash, it Baltimore.
Cleve. Akron, it Col
Denver it Rio Grande...
Dos Moines „t Ft.Dodge*
Detroit Lansing it No...
Eastern*
East Tenn. Va. it Ga
Evan3v. «t T. Jlante
Flint it Pere Marquette.
Fla. Cent, it Western.*..
Florida Tran, it Pen in*.,
Grand Tr. of Canada
Green Bay Win. A St. P.
Ill. Central (Ii1. line).
...
(la. leased lines)
Southern Division
Do
Indiana Bloom, it West.
Kan. City Ft. S. it Giilf.*
Lake Shore it Midi. So..
Little Rock A Ft. Smith.
Long Island
Louisville A Nashville..
Mich. Cent, it Can. So
Milw. L.Shore W West'll.
Missouri Pacific^.
Central Branch
...
Mo. Kansas A
Texas||.
Texas it Pacific a
Mobile A Ohio
Norfolk A Western*
Shenadoah Valley
Northern Pacific''
Increase,
1332.
1833.
of Road.
I TO DEC EM HER 31.
*
i
40.069
*
.
2,600,082
2.530,345
1,105,156
3, 3>9.299
2,8 16,771
b,27b,83 l
1,3 7.103
3,637,02s
7< > 8.! 3 5
520,100
8,773.0 10
1,657,57 >
2.445,35.8
23.660,001 (
2 >,059.364:
5,51 0, 195
1.543,339
3,215,491
1,785,183
2,274,208
20,360,719
2
1,857,873
523,862
-7.337,500
331,258
3,977.007
4,902.200
1,503,432
1,797,005
505,90?
0,349,199
$
2,739.1891
1
11.945'
507.729
1 68.029,
557,510
!
127,612
071.040
3.273.261
1,08 1,097
553,995
40,4071
00,873!
.
17,695
1,038,301
3 40,0 44
1,590.058
3,330 821
1,590,246
3,542,249
4,13 *<,164
j Decrease.
5,780
412
!
205,426*
7tt0,80S.j
3,351,350
723.894
850,230
|
2,543,815
2,161,952
380,803!
422,218
515,181
402,706
415,146
17,742.309
16,899.124
412,244
393.367
0,712,189
2,015.332
0,959,78>
1,915.532
4,359.993
2.927,533
3,848.530
1,923.338
13,550,000
555,761
2,089.20: i
14,130,224
1 1.000,006
2.479,4 16
1
2.606,059
12,457,991
1.023,4 73
SO 4.853
17,107,142
15,07 0.82 8
‘■90,190
1.522.0 n
1 1.053.994
19.4521
,036
10
8
‘
2,039.010
1.656, ISO
18,225,039
539,12“
10,13-.40
>
120,336
........
42.865;
18,877!
266,517!
10,032!
209.754:
1,401.505!
1,5 12,049
153,020
!
,430.6141
525.5 |5j
1,520,5311
1,085,3791
39?,650|
S3
2.3 >8,910
459,937
9,800.12 1
6,875,994
853.9 l
;..
271,872
324.301!
5,919.732
2.185.107
7,005,1 I]
2,204.909
2,790 540
247,292
r
69.8oO
511,457!
79.733!
393,962 [
2,92 1.1231
24,2781
-
415,143
385,665
Oregon Railway itNav.
Peoria Dec.it Evansville
5.507,321
5,041.915
720,882
760.529
Richmond it Danville...
West. Nor. Carolina...
St.L.A.itT. H. main line.
Do
do (branches).
3,812,012
3,063.364
178.6'jsl
381,485
240,9 23
1,450,031
134,502:
1
2,791
|
49,127
3.901,772
1.325,015
875.400
372.719
3.562.810
1.109.641
321.962*
8,394,001
10,908,105
8,704,771
10.736,357
170,108!
290,885,753 203,731,093
28.120.533j
Ohio Southern
Louis A Cairo*...,...
Louis AS. Francisco
Paul it Duluth
Paul Minn, it Man...
Wabash St. L. A Pac
St.
St.
St.
St.
Total .(56 reads)
Net increase.
1,153,240
826,033
361.017
522,1.00 j
i
6,898!
39,047
21o,174|
370,170
27.151.O60j.
909,473
Throe weeks only of December in each year.
of wheat in the States of
28 days only in December each year.
§ Includes St. Louis Iron Mountain it Southern in both years.
was very short, while in 1882
|| Includes International <t Great Northern iu both years.
it had been quite large, so it happens that on the railroads
Including pool earnings.
Our table of net earnings now covers November and the
traversing this territory earnings have heavily fallen off
As hereto¬
since the harvest, and nearly all the lines that show a eleven months of the year to November 30.
decrease for the year in the table below are in that dis¬ fore, the statement is on the whole very satisfactory. The
trict.
There was also a reduction in the yield of corn in Chicago Burlington & Quincy and the Atchison Topeka &
certain districts, but this had comparatively little effect Santa Fe are conspicuous for their large gains, but South¬
upon railroad earnings, since only a small amount of the ern roads, too, deserve mention for the improvement they
new crop usually comes forward before
the 1st of Jan record. The Pennsylvania, Northern Central and Philadel¬
The Union Pacific
uary, up to which time we draw our supplies from the phia & Reading likewise do well.
whole year
through. The
Ohio, Indiana and Illinois,
crop
*
♦
a
a* small gain in November, which leaves its loss for
the year the same as it was a month ago.
Without
particularizing further, we give the figures below in full
made
in our
usual form.
EARNINGS TO LATEST DATES.
GROSS AND NET
NAME.
convinced that the Soudan
Too. & Santa
Do *
do
1882
1,340.762
1,349,312
1883
18-'2
195.512
-152.835
No..1833
308,200
278,4*9
345,306
Fe..l8S3
Law. & So.
do
Thirl. Cedar Rap. &
Do
do
1882
Chesapeake & Ohio....
do
Do
Eliz. Lex.
.
.1883
1882
& Big San. .1883
72,604;
62,094
174.966
185.706
300.732
213,246
204,092
58.051
44.05)2
40,250
1,074.709
868,559
413,562
Rio Grande.
G8S3
1882
61,1-8
2 562.773
2,199,421
635.858
495,769
& Ft. I)
.1883
1882
34,117
32.002
23,368
1883
1882
225,849
234,138
1882
409,005
360,736
1,307,394
1,200,902
Nash. Chat. & St. Louis.1883
1882
Do
do
205.660
202,668
Chic. Burl. & Quincy.. .1883
1882
Do
do
Denver &
Do
do
Des Moines
Do
East Tenn.
Do
—
do
Va. & Ga...
do
Louisv. A Nashv
N. Y.
18>3
.
do
Do
Susq. & WesL’n... 1883
1882
71,3:22
Norfolk & Western.... .1883
1882
Do
do
271.279
Shenandoah Vad.'y.. .188 3
78,233
57,4 12
188*
536.094
5*6.685
Oregon & California... .1883
114,171
Oregon Jmprovem’t Co .18-3
do
Northern Central
do
Do
28.410
771.765
-
702,655
114,282
110,597
50.331
4S,oll
142,555
132.875
58,505
53,554
370,387
2)1,235
1882
Do
335.354
86,782
.
do
Do
*
*
13,011,531
7,110,458
u, <43,473
726,879 13.314,605
870.431
1,585,169
122,908
1,208.105
652.215
99,741
800 939
2.585.564
133,234
876.750
92,723 2,554.620
*
132,060
3.600,408 1,258.386
965.179
96,040; 3,081,621
13.359 !
661,573
205.553
482,230
20,932
152,001
1,488,064 23,939.450 12,157.949
1,330.862 19,523,744! 9.622,045
222,29(5
6,803,608 2,454.837
5,95(5,163 2,409,210
160,415
7.749 •
310,219
83.643
3,592 j
93.131
318.758
3,770,330
183,81(5
126,598 ! 3,010,0151
535.629 12.897.324 5,245,113
498,247 ,11.759,923 4,491,8* 5
91.378 ! 2,118,894
961,119
92,071 j 1,952,181
837,082
36,151 j
929,830
655,915
23,311
128.724 i 2,5-0,023 1.217,215
128,360 ! 2,204,98- 1,005,980
183.147
791,056
19,778 !
2,993
3,888 ;
413.007
.
*
1882
do
Do
7 *<9,70-
1*55.7' 7
148,2.39
5 (578 979
378.455
5.310.172
2.237.144
1,9*9 1(53
61,710
52,458
95(5,053
289,607
384.247
231,509
152,738
340,058
99,554
3.792,758
3,0 7 (>,.;. >2
1,278.031
2 IS*,501
18se
Do
1882
do
Penn, (all lines east of
.1883
Pitts. A, Erie)
47.212.731 18.152 873
1.857.177
1882
4.473.479
4 373,825
2,616,302
do
2.771.463
Pliila. & Erie
Do
do
.1883
1882
37(5,662
369,583
22(5.914
272.232
Philadelp’aA Headhunt ls-3
3 651 910
2 256,719
1;002,3(52 44,922,657 17,247.574
119.748' 3,85',535 1,450,114
3,675,901 1.320,19197,351
2,073.481 28.00 2.550 13.708,868
1.104.5(55 *0,039.227 8,9*8,456
.
1882
do
Phila.A Head. C.& Iron .1883
Do
1.750,5-5
1.657,792
188:'
do
Rome Wat. & Ogdensb .1883
Do
do
153,175
15 3,3 .0
2.731,723
2,711,5517
1882
-
Do
do
.1883
1882
Utah Central
Do
.1883
1832
307.207
do
18-3
1882
81.03;
78.090
Union Pacific
West Jersey
I)o
do
136,204
1,581.435
1,1,2,184
1,3(53,3-0
1,3.54.(571
96.099'
108,24!
393.205
393 121!
r
1,022 839 27,343.120 12.109,7(57
1,021,056) 27,804.921 13,108.193
559,139
5 (.315!
1,081.207
1,708,884
1,090,861
50.052
5(5,(597
48,503
63,4(58
79,507
32,530
1,391.418
1,152,188
805,32(5
14,0221
1.046.183
443.9*9
I
Oregon R’y & Nav. Co.
Do
do
*
18-3
1882
290,029
30(5,723
427,500
280,(550
.1888
1882
*
8
*
142,615
167,382
139,.mi
271.500
156,900
147.414!
61,769j
212,881
l
Chicago A Gr. Trunk... .1883
1
do
Egypt, and that it was areal hindrance to her progress.
change of ministry quiet has been restored. The
Khedive has, by accepting the situation, shown himself to
With the
j
V
882
*
Including Utah lines
+ Includes operations
2,(539,535
2,-48,459
1 to Oct. 31.
V
121.330
106,912
in 188 f.
of Central of New Jersey from June 1, in 1883
!
;
ENGLAND AND EGYPT.
last
has attached to the
Egyptian difficulty has been removed. "Wo now know
At
the
uncertainty which
what the British Government intends to do.
indecision
of
.Mr.
Gladstone and his
The apparent
colleagues
was
undoubtedly producing a bad effect ; and a little longer
delay might have led to fresh disaster in the Nile Valley.
Wisely enough, we think, they have decided against
sending any expedition to the Soudan, while they are
resolved that
no,
harm
shall be allowed to befall Lower
Egypt from El Mahdi, or from any other source.
England, it appears, is not unwilling that Turkey should
undertake the conquest of the Eastern Soudan, provided
she does so at her own expense; but Egypt is no longer
to be allowed to waste' her
fruitless efforts in the
resources
of
much sounder sense than some recent sensa-
Whatever
may be his private feelings, he knows he is in England’s
hands ; and he very wisely bows to her authority, prefer¬
ring to regard his own interests and the interests of Eng¬
land
as
reports would have had us believe.
identical.
The
recruiting of black troops has been
discontinued, and arrangements are being made for the
withdrawal of Egyptian troops from the Soudan region.
Mr. Gladstone deserves credit for the coolness he has
critical juncture. What with the
England itself, the bitter attacks of the
opposition press, the ill-concealed intrigues of French
adventurers and politicians, and the hostile and offensive
attacks of .certain French journals, most men in his
position would have been tempted into another warlike
demonstration in Egypt, and would have alike gratified
personal ambition and national vanity by draining the
public purse. All this must be said out of justice to his
consistency of character and to his integrity of purpose.
shown
at
this
very
excitement in
A
man
less under the influence of noble convictions,
who
right in the abstract, ami who
regard for the impartial judgment of history,
would have seized the opportunity to reconstruct England’s
relations to Egypt, to rectify what was imperfect in the
existing arrangement, and to connect his name with the
final settlement of a question for which, after all, no
matter how long delayed, there is but one solution.
At the same time while all this is true, and while
Mr. Gladstone does w7ell enough in doing his best to
present a contrast to those statesmen who have gone
before him, and an example to those statesmen who
may come
after him, it seems to us in this case
that he is resisting the inevitable.
It is England’s
had
less
and her energies in
Upper Country.
Delta of the Nile-
growing interest—ever since
she became a power in the Indian Peninsula.
Latterly,
what was merely desirable and needful has become an
absolute necessity.
England must have Egypt. All the
It has been her interest—her
world knows it and admits
it.
Mr. Gladstone himself
policy he has
adopted has been allowed from the first to stand in the
way of England’s necessity.
It stood in the way of
his undertaking the war against Arabi Pasha.
It stood
in the way and marred a settlement which England
needed, and which all the world expected, after the rebel¬
lion was subdued. It stands in the way now, and prevents
him from taking advantage of this new opportunity, and
of making an end of the whole difficulty—by annexation,
or in some other
way, assuming the direct management of
the country.
Is not Mr. Gladstone in all this a victim
to his own policy ?
He has certain convictions of right
and wrong ; he has said and done certain things ; and to
be consistent with himself he fights against the inevitable,
and even against his own better knowledge.
IIis course
of policy towards Egypt has been acquiesced in by the
English people, partiy because they honor the man and
partly because they know that nothing can prevent Egypt
from finally falling into their hands.
They are patient,
and in their confidence as to final events they almost seem
knows
11,749
12,012
223.998
212,519
315,3 .y8
319.452
ij
19,14 1
17,09(5
18,r.53:
30,125
Gr. Trunk of Canada... .18-3
1 -82
do
Do
N
j
32,715
19,733
31,182!
18821
do
■2
40.737
59,87.8
45),841
■
a man
inteiest to have absolute control of the
Net
!
Gross
Net
Gross
Operating
Earnings Expenses. Earnings.1 Earnings. Earnings
Dot. Gr. Haven & Milw .1883!
Do
in.
■
8
2,204,900
2,185,1(57
5,5(57,321
5. >4 1.915
J
October.
Name.
Do
Jan. 1 to t>cr. 31.
|
.
.
1
455,55 1
AVf
Gross
Net
Gross
tJperatirui
Earning'-. Expenses. Earnings.', Earning.-. Earning
'
Mobile & Ohio
■ do
Do
916,59.8
1.133,*i2
57,076
47.059' f
December.
Name.
15.9(59.030
14,029 256
millstone about the neck
cared less for truth and
1,048,129
Do
Do
was a
of
sational
Net
Earnings Earnings
*
*
5(51.051
622,433
*
Kan. City
Do
Gross
Net
'Operating
Earnings Expenses. Earnings
Gross
Nubar Pasha has long since been
policy of England.
khe
be
Jan. 1 to Nov. 30.
November.
a t eli.
49
THE CHRONICLE,
12, 1884.]
January
and
admits it.
But
the foreign
ir different.
enough to conclude that the attitude of
by England will deter the Mahdi
Egypt. Oneriff Pasha has retired, and a new ministry,
with Nil bar Pasha at its head, has been fully organized. from making any hostile demonstrations north of the first
The presumption is that the English force in
Thus the administration is placed in perfect accord with cataract.
The immediate
in
re
sult has been
a
change of government
It is reasonable
firmness at last assumed
50
THE
Egypt
CHRONICLE.
fVoL. XXXVIII,
p i
will be considerably strengthened ; and if gainer without it. “ Chinese Gordon ” is of the opinion that
prophet should venture to make an appearance in the1 while Egypt should abandon Darfur and Kordofan, she
Lower Country, we can have no doubt as to the result. should retain
possession of Eastern Soudan, for the reason
England is now pledged to the protection of the Khedive that disaffection might cross into Arabia, and thus give
and all his interests ; and it is doubtful if El Mahdi will birth to
general trouble. With a powerful fleet in the
be foolish
or
daring enough to allow himself to Red Sea, and with Suakim strongly garrisoned, danger
come into contact with such a
power.
One good result from this source is not to be greatly feared.
will follow from the assurance which England
With the opening of Parliament the Ministerial
has given.
policy
The mercantile interests of the country, which have been in
Egypt will come up for consideration. It will no
languishing because of the uncertainty and insecurity doubt be bitterly attacked. But inasmuch as no new
which prevailed, will revive ; and confidence
having been ' expenses of any great amount will be incurred, and as no
restored, and money and enterprise having again been let j British interests have been sacrificed or seriously imper*
loose, Egypt will enter upon a new lease of prosperity. It illed, the Government will be sustained. It is all the
is noteworthy that both Arabi Pasha and the new Prime more
|
likely to be sustained that it will have become patent
to
Minister, Nubar Pasha, are of the same opinion as to the
every one, that although Egypt has not yet been made a
value of the Soudan ; Egypt, in their
judgment, will be a 1 portion of the British Empire, it is fast nearing that point.
proper
the
m
i
N
.
FAILURES
Below
IN
1883,
1882,
1881,
IS79
1880,
AND 1878.
give in full the table of mercantile failures from 1873 to 1883 inclusive, as
prepared by the Mercantile Agency of
R. G. Dun & Co. This was intended for insertion last
week, but the crowded state of our columns preveuted its
appearance.
Still we make room for it
to-day, as it will be needed for future reference.
we
FAILURES
1883.
Number
in Busi¬ States and Terri¬
ness in
tories.
A7>.
Fail¬
1883.
ures.
ft.
Eastern.
13,151 Maine
7,813 New Hampshire.
0,703 Vermont.
( Massachusetts.
223
75
45
391
235
109
42,447
(
Poston
5,025 Rhode Island..
14,292 Connecticut
119
•
90,331
Total Eastern. 1,197
A mount of
Liabilities.
$
j
2,253,110!
4 18.7991
5,72 1,2(53
1383,
1682. 1381, 1880,
1882.
j
;
No.
Fail¬
ures.
54!
4,..»60,*33
20,908,*58
3,251,792;
71 1,212
96
88
1870 AND
1881.
arcs.
|
.4! •
942,014
$
!
14-V708
395,045!
332,404!
147..348!
2,888.101 i
2,155,119,
80S,963
130:
772! 13,191,400:
No.
Fail-
■
1879.
.
J
,
-4 mount of,
Liabilities.
urcs
Fait-
Amount of.
lives.
Liabilities.'
10,701,708'
28.210,2-'5
796.600
170
417,748)
m!
1,612,0111
958 707
836,788'
1,073,817
0,160.117!
970
3,835,795!
1,385 554
3.8 '6,450
1,951 40>>
723
!
2,1 82,125
1.8714
21,503 Philadelphia...
i
3,685 Delaware
14,493 Maryland
..j
3,131 Dist. of Columbia:
10,002.071
3,500,3 10
206,757
1,801,502
278,407
5,655/
4.0054
70,'
1.261.1
1544
70,900 Pennsylvania ...j
262,021
•
2,136! 57,108.5314,607
,667
Total Middle...
0;
8
7] 4,530,346!
12
41
j
1,357,800!
6,120 South Carolina
1,151,600!
11,537 Georgia
2,865 Florida.
1,844! 19,785,007
.618
10,485,273
1,765,575
288
3.335,078)
3,057,805
Kentucky
Tennessee
Total Southern
61,921
$ Cincinnati.
33,953 Indiana
{ Illinois.
60,064 }
Chicago.....!
32,466 Michigan
j
t
25,803 Wisconsin
29,119 Iowa
15,312 Minnesota
39,231 f Missouri
$ St. Louis
3,426,182
3,188,733
13,203,279!
4,347,095
2.867,432j
|!
2,249,6511
1,129.882
885.669
2,252,262
{
!
15,677 Kansas
726.670
350,700
9,331 Nebraska
j
Western.(
Pacific <f- Terr it's, i
289 Indian Territory.1
4,445 Oregon
7,157
( California
$
(
San Francisco
olorado
1,411 Nevada
2,424 Utah
1,543 New Mexico
629 Wyoming
982 Idaho
8,256 Dakota
47
124
158
103
189
97
194
35)
98
•11
670,583
96,105
931,822)
188,2331
83
501,874
411,658:
393,230!
908,512!
1,930,5631
167,320)
1,188,276
2,335,957
3,162,948!
1,6 44,254
946 Arizona
30 Alaska
863,993
Tot. Pac.A
1,083,413|
765,734'
187
48
3,688,565)
7*
1,193,740'
2,239,58 1
1,456,870
108
37
1,106.912,
1,415,773!
209
77
2.701,720
1,510,9671
262
4 50,023
j
132
355,990
1,446,4501
..
955,106
193,500
1,552,090
2,832,300
2,195 000
1,260,191
182.200
274,071
106
97
135,500
310,200
173,300
12.500
1,075,780
194.952
71,000
128,300
454,000
I
9,184! 172,874,172
65,452 Dom. of Canada.,1,381
OR -IQ
«>o
1
lu
79,765
281
•
!
1,201,080
3,080,1 16
180,137'
15,791,084
73,208
42.501,7 <1
4,741,903
18.714,270
10.373,700
37,392
19,500
60,540
19,068
281.500
3,635
13,329
2,508,080
916.874)
207,982
320,202
3,199
708,180!
84
1,018,763,
223,352!
93,293,466
229,385
1,195,615
369,011
10,114
i
15,949,361
731
6,653,214
101
33
169
133,288
874,062
-1,073,660
706.2621
1,493,210
340,072!
1.030,000:
1,051,219'
4,830.462
1,223,892
2,733,725
407,653
5,905,756
2,205,873
425,427!
1.540,577!
1,569,671
835| 8,813,142il,076 15,876,703
1,415
26,322,961
10,799,300
3.396,480
2,237,300!
515
216
374
470
362
2,063,894!
369|
1,886.345|
163 j
5,390
6,635
4,593
7,748
1.879
5,315
5,525
7,859
11,909
4,211
16,846
8,243
96,297
1,292,067
1,507,806
1,326,318;
3,230,176
1,177,699
514,241
842,K47.
683,289|
585,718)
1.509,791
483,802)
1,980,700
1,750,*32!
780,154
2,285,266'
560,207
1,469,616)
926,601
495,555]
1,121,900;
1.241,697 i
284,391
1.807,969
429,9" 2 j
1,186,216)
391,8271
51,075
23,336
20,305
400)
*3,428,100
22,760
1,052,403
9,127
1,036,416
4,171,300
26,878*
446,9531
360,415)
392,043:
359,9191
221,800
106
2.444 060
296.214
71'
1,437.000
1,353,000
184!
111!
674,342
1,123,700!
1,795.700!
25,402
6,627,709
2,317.382
1,704,810;
1,878,331
7,072,931
49,158
12.926,800
149;
101
107;
44
1,062,720!
7,570,311
5,233,549
647,902
825,400
8,863
4,029
3,436! 64,309.503 240,933
55
251
.221
47
34
438,045
2,650,730
310
5,317,118
222
173,500
6,899,539
4,700,591
335,661
425,100
58
37
541,542
419,797
13
2,679
17,058
267,000
78
41
10
18,200
9
64,000
10
3*3.854
■1
51,500
35,800
i>
4
12
4
12
4,900
63,000
5
4
8
12
26,639
25,400
17
10
11
12l,e50
63,900
62,050
11
3
58
4
68,000
7
83,000
3
6
16,900
81,307
401
816
202
694
13,163,176
28,361
81,155,93214,735:65,752,000 G,658)98,149,053 10,478 234,383,132
674,741
24
18
495
,547,c64|5,,j82
8,587,6571
3.738,134
202,109!
991,374
4,752,557
700,549;
1,393,353
1,067,200
1,788.522
120,0771
759,69 l!
1,604,577)
SIS,666!
124,000!
1,000,290
2,497,740
574,323
104,500
2.011,340
1.012,129!
i
19,019,175 1.504 15,594,732 1,171 11,519.419)1,603 21,207,519!
1,599.600
Ter.'1,046; 11,239,731
Grand totals
7 587
6 751
15,577,2*2! 1,734' 35,294,026
1
130;
8,242,649!
0*7,479
121,108
68,000
94,593
630,000
3
4
5
13
540.500!
541,900!
9,0001
4
9,000!.
19,000!
27.500!
80,588 i
44.7001!
635
5,096,094
5,751,207
534
5,005,730j
90,000
171,305
21,500
2,522
1,516
1,265
369
394
299
840
1
i
53,605
1
11,001
854,739
1 843.350
12 707,615 X
11 279,523 >
I
2,686,817
315,000
546,837
582,100
•.
93
113
1,98ii,6(>4|
684,558,
2,713,920
952,532;
187
•
2.370,548
20,998,123 1 ,439 16,469,412
13.300
2,111 Montana
j
754,724
3,716,096
1,632,864)
90
132
16
101
153
106
234
102
79*
267
305,220
544,324
....
2,277 Washington
6011
325
1 406.200
5 123
12 587
33,953,292 2,290 35,534.191
389,458!
75
73
163
55
70
221
46,878,403 1,950
93
281:
148!
182;
2,235.299
138
596,723
1,007,727
974,326
2,658,7221
..
Western.
( Ohio
21,105
15
134
93
650,710;
Texas
Arkansas
Total
137
407,053)
17
85
197
178
20 l
95
131
164
Louisiana
322,877
1,448,815!
2,180,830;
207,677)
8,159 Alabama
135,159
472
113!
785j 8,389,378
084,550
100,304
1 ,372
in
1878.
i
13,149 Virgina
7,545 West Virginia.
9,305 Nortli Carolina
Mississippi
5,617,766
2,043,502
3,8 42,222'
127,400!
820,103:
157,030
2,484,001
-
8,216
9,541
18,857
6,853
19,869
13,143
461
14,07 1,31 1
250; 1,853,5221
134; 4,311,7*7
7.3,2 oO
rout hern.
It
4.851,074
ness
2 521.981
4 689,588
I
'
7.1 144
21.212,-
Number
in Busi¬
Amount of
Liabilities.
ares.
62)
63!
359.736!
335; 1.820.592!
170! 3,613,200
95 3,091.562
15*. 2.474,814
772 j 11,071,156
No.
Fail.
87!
:
Miit die.
‘
83,057 New York
N. Y. A H’klyn:;
41,297
23,949 New .Jersey
i
1878.
*
(Js 7 230
151 6*4
251 725
155,000
6,004.450
1378.
1880.
Pail-1 Amount
of
Liabilities.!
Amount of
Liabilities.
61;
39
327
107
37,861.897
FOR
714
9,953,358
907f 7,9S8,077 1,902:29,347,937
r
1,C97
23,903,677
56,347
# i
January 12,
THE CHRONICLE.
1884.]
|^0tictavy!©ijmmevctalguglis!xilcws
Dec.
EXCHANGE ON LONDON.
[
1
j
*
.■3
On-
Time.
Short.
Amsterdam
Amsterdam.
.
3
Berlin
Frankfort...
Vienna
“
Antwerp....
it
@12‘3
Dec. 27
12-438 312‘478
20‘58 @ 26-02
20-59 @20-63
20-59
@20-03
iuob.
..
it
it
yi
a
Cadiz
Lisbon
a
■
a
Alexandria..
Constaut’ple
Bombay
Calcutta
..
..
Short.
.
j
.
.
.
40316@4038
46»’tf @4038
5178@52
....
Dec.
Dec,
27
27
Dec.
Dec.
27 Short.
27 Checks
27 3 mos.
i i
27
Dec.
27
Dec.
;Dec.
Short.
d’ye
is.
3
Hong Kong..
Shanghai....
....
[From
our own
2U
3
Sty
3'A
2H3H
SH
3%
3H
3U
.
4
3?4
3%
3H
314
-
3H
3H
•...j
Open
Market
—
—
5
5
5
5
4
4
4
4
6
OH
6
6H
Sight.
28 tel.trsf.
Bank
Open
Market
Rate.
Market
3
2\4
3H
3%
3&3H
3M
4
—
—
3*y
SH
i
3
3
4
3H
—
3
—
3H
3H
3H
3H
5
5
5
5
4
4
4
4
6
OH
6
OH
during the
.
109-75
4-85Lt
Is. 7iV>d
Is. 7173od
3s. 9*4(1.
os.
Open
Rate,
Alexandria.
Silver—In consequence of the holidays, shipments to India had to be
made on Monday, ‘24th inst instead of the
20ili, and 50 15-16d. per oz.
was paid for bars that could be sent
away by that opportunity. There
are steamers now due from the River
Plate, Chili and the West Indies,
with a considerable amount. There are no arrivals
to'report, The P. &
O. steamer has taken £49,700 to
Bombay.
Mexican Dollars—49 15-16(1. per oz. has been
paid for shipment next
week, but we quote the price to-day at 49 VI. per oz.
90
28
Petersburg..
Bank
Gold—Further demands for South America and Lisbon have caused
the withdrawals of £363,000,
sovereigns, from the Bank of England.
We have no arrivals to report. The P. *& O. steamer has taken
£1,200 to
5215i6
it
0.
past week Messrs. Pixley & Abell remark:
ii
H
Dec.
In reference to the state of the bullion market
47-30
mos.
uec. 28 tel.trsf.
IDec. 281 tel.trsf.
IDec. 27 4 mos.
ii
i Dee. 27
....
?t,
-
25*21
25" 1742
25-21
23 *2
|
?7lftd.
ls.77ibd.
a
..
3
4
Madrid
20-30
20-37
“
j
iDec. 27
;Dec.
Dec.
•
...»
....
60
Paris
Berlin
Amsterdam
12-10
Dec. 13.
..
....
iDec. 26
New York...
Tin nk
Rate.
Frankfort
Rate.
12-22^@12-2712 I
25-45 @20’50
if
Paris
25-3SW25-43V
Paris..*.
Checks 25"171*jy»-25-2212
St. Petersb’g 3 mos.
22i3ie@2‘il3in
(i
Genoa
25 "47I2 @ 25-52 i-2
Madrid
Open
Market
Vienna
i
'
V.;2
Batik
Rate.
Brussels
12 2
it
Hamburg.
Time.
’
-
Hamburg
Latest
Date.
Rate.
Dec. 20.
-
BATES OF EXCHANGE AT
EXCHANGE AT LONDON- Dec. 27.
27.
Rates of
Interest at
LONDON AND ON LONDON
AT LATEST DATES.
51
The quotations for bullion
3*ed.
correspondent.!
reported
are
as
below:
Price of Gold.
London, Saturday, Dec. 29, 1883.
This has been
Dec. 27.
quite a broken week, and nothing lias trans¬
pired in any department to call for special remark. The
more prominent feature seems to be that the
money market is
closing with a very easy appearance, and that there are, in
d.
s.
Bar gold, fine
oz.
Bar gold, contain’g
20 dwts. silver..oz.
Span, doubloons.oz.
S.Am.doubloons.oz.
U. S. gold coin...oz.
Ger. gold coin...oz.
Price of Silver.
Dec. 20.
d.
s,
77
9
77
9
77
73
73
70
10H
77
73
73
76
10H
0t<;
8H
3H
Dec. 27.
Dec. 20.
d.
50 15-16
d.
5m
5-10
54 15-16
51H
Bar silver, flne..oz.
Barsilver, contain¬
ing 5 grs. gokL.oz. 51
9H
Cake silver ...oz.
Mexican dols.. .oz.
8&
3H
Chilian dols
49H
54?*
49H
oz.
strong indications of low rates of discount early
The failure is announced at
Antwerp of the banking firm of
year.
The applications at the Bank of England
Messrs. Ghislain, Cahn, Painvin & Drion. The
liabilities are
have not, up to the present time, been in
any way pressing. stated
to be 10,000,000 francs, and the assets
There is, indeed, no sign of pressure as the end of the
4,000,000 francs.
year is
An issue is announced of
£1,500,000 in 75,000 shares of £20
approached, borrowers hav ing already made considerable
each at par by the Nizam’s Guaranteed State
Railways Com¬
preparations. During t-lie last two or three days the demand
pany, limited, being part of £2,000,000 authorized to be raised
for discount accommodation has been
falling away. The for the
undertaking. Interest at the rate of 5 per cent per
quietness of business generally is restricting still more the
annum is guaranteed for 20
years by the Nizam’s Government.
supply of mercantile paper, and, although there is a moderate
The company is formed for the
purpose of acquiring and
export inquiry for gold, it is difficult to see how a decline in
working the existing Nizam’s State Railway from Wadi, on the
the open market rates of discount is to be avoided
early in the Great Indian Peninsula
Railway, to Hyderabad and Secundera¬
new year.
bad,
now in the possession of and worked
The reserve of the Bank of
by her Majesty’s
England is now 39 S3 percent, Indian
for the purpose of
Government;
and
against 43 09 per cent last week and 34 per cent last year. The
constructing and
principal features in this week's return Are an increase of working new lines of railway, the first section from Hyderabad
to-the southern frontier of the
Hyderabad State, at a point:
£1,449,319 in “ other securities ” and a diminution of £663,536 in
near Bizwada, and the
second section from Warangul to the
the total reserve, due chiefly to a
falling off of £531,871 in the northern frontier
of the State, at a point near Chanda.
It is
supply of bullion. The total of f‘ other securities ” is, however*
arranged
that
the
the
company
are
to
receive
from
Govern¬
£3,000,000 below that of last year, it being £21,763,507 against
ment of India and take over and work for 99
years the existing
£24,796,176 in 1882. The supply of bullion amounts to
line from Wadi to Hyderabad and
Secunderabad,
and to con¬
£21,566,273, against £20,395,245, and the reserve to £12,325,738,
struct, maintain and work for 99 years a line on the
gauge of
'against £10,452,056 last year.
5ft. 6in.f rfrom Hyderabad to
Warangul,
and thence to the
The following are the quotations for
money and the interest
southern frontier, near Bizwada, as well as a line from “Waranallowed by the discount houses
to-day and same day of the
gul to the northern frontier near Chanda.
previous five weeks :
The wheat trade during the week lias been at a
complete
Interest, allowed
standstill. The enormous visible
Open market rates.
supply in the United States
;
for deposits by
the ample, if not excessive, stocks
Bank Bills.
here, and the liberal <
Trade Bills.
London
Disc't H'ses
tity of produce afloat, are quite sufficient to keep the trade
I
l‘
1 'Stock
Three j Four
Three 1 Four
Six
At. 7 to 14
j Six
Hanks
depressed, and any immediate improvement is still very doubt¬
M out hs\ Mont hs 1 Mo n t hs
Call. Days.
Months] Months ^Months
ful.
The weather if very
Nov. 23 3
2 ©
2H© -:2^@
unseasonable—very mild and foggy.
2H©3 !2H©3 3 @3H
2
1U-1H
30 3
2H© —\2%@ — 23*@ — 2^©3
2J-6©3 |3 ©3)4'
The
2
in n4-194
following
quantities
of wheat, flour and India corn, are
Dec. 7 3
2H@ —;25*@
2~ 2H©3 IS @3}4;3 @3Hi
2
2
2H-2H
consequence,
in the
new
rate.
Bank
1
rr,
“
—
“
14
21
28
3
3
3
.
<
“
“
_
—
—
2-m —I23<@2%j3 ©
294© —i2-H@ —;3 ©
2->4© —'2-H© —-2%®
-
—
—
3
3
3
@3*4 3 @3v$!3H@3qj
@3H 3 ©3H:3H@3-M!
@3,H 3 @3>y'3H@3H
2
2
2
2
2
2
I2H-2H
j2H-2H
I2H-2H
The
following return shows the present position of the
Bank of England, the Bank rate of
discount, the price of
consols, the.average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair 2d quality,
and the Clearing House return for the
past week, compared
with previous years
:
Coin and bullion in
both departments.. 21,566,273
reserve
to liabilities
Bank rate
Consols
Eng. wheat, aw price
Mid. Upland cotton..
39-83
3 p. c.
lOO^d.
39s. 24.
No. 40 mule twist
534(L
9VL
1882.
25,693,195
now
1881.
25,510.870
1880.
20,320,540
8,625,508
24,848.182
14,365.019
0,955,414
0,318,057
21,870,338
24,231,102
11,381,002
13.243,901
24,790,170
10,452.056
24,589,552
24,040,844
10,550,124
12,918,876
20,895,245 20,316,994
36
5 p. c.
101 J8d.
41s. 6d.
5 VI.
10d.
Clearing-House ret’n. 69,847,000 73.523,000
The Bank rate of discount and open
chief Continental cities
have been as follows:
Wheat
Flour
Indian
At present.
Lust week.
qrs.1,92 4.000
240 0()0
corn
Last year.
1,915,000
255,090
203,000
318,000
1881.
2,195,000
2,823,000
217,000
103,000
118,000
215,000
The extent of the sales of home-grown wheat,
barley and
the leading markets of
England and Wales during
oats in
the first seventeen weeks of the
season,
together with the
prices realized, is shown in the following statement:
average
SAI.ES.
1883.
Circulation
24,990,535
Public deposits
8,983,901
Other deposits
21,789.345
Governin't securities. 14,402.798
Other securities
21,763,507
Res’ve of notes A coin 12,325,738
Proportion of
estmated to be afloat:
343s
5 p. c.
99*4(1.
24,238,016
38 *8
3 p.
c
44s. 4d.
93d.
42s. fid
634.L
1034d.
85,666,000
634 4.
lOTid.
70.363.000
market rates at the
and for the previous three weeks
1883.
1882.
Wheat
qrs. 1,145,412
Barley
841,665
1,679.335
1,083,999
82,523
Oats
203,870
i
average
1883.
prices for the
1882.
s.
d.
41
4
34
8
20 10
d.
40
7
2
33
19 11
s.
Wheat
Barley
Oat s
Converting
kingdom
are
qrs.
cwt.
1880.
728,104
950,510
71,264
season
1881.
d.
0
47
34
1
20 11
s.
(per qr):
1880.
8.
41
34
21
d.
6
0
7
of wheat into cwts., the totals for the whole
estimated
as
1883.
Wheat*
1831.
806,691
848,475
103,495
10,545,000
follows
:
1882.
14,075,000
’
183 J.
13,982,700
1880.
12,620,000
*Tliis aggregate is arrived at by
multiplying the sales in the 187 mar¬
kets above by 3G, and that result is reduced to
cwt. by multiplying it
by 413. This proportion between the 187 markets and the totals for the
kingdom is adopted by the London grain trade and is accepted
by.it aa
producing a result approximately correct.
THE CHRONICLE.
52
The following statement shows the extent of
cereal produce into the United Kingdom during
[VOL. XXXVIII.
& Westmin¬
applications
£6,500,000. Tenders at £9S Is. received in full,
£08 Os. 6d.. about 25 per cent. The minimum
Tenders were opened on Tuesday at the London
ster Bank for £4,837,500 Cape 5 per cents, and the
the imports of
the first seven¬
amounted to
English wheat, and those at
the visible supply of wheat in the United States, and the esti¬ price fixed was 9S.
The loan for New
mated supplies of wheat and flour afloat, compared with previ¬
complete
the average price of
teen wreeks of the season,
4
ous seasons:
£7,593,100.
IMPORTS.
1882.
1983.
Wheat
cwt.20,899,495
Harley
7,908.106
4.555,287
Oats
Beans
Indian
Flour
23,872,097
0,011,348
1881.
1980.
5,075,343
5,783,900
20,878,532 21.455.171
corn
SUPPLIES
4,407,318
3,791,580
5,111,507
801,931
551,125
724,111
528,909
911,289
575,301
9,272,351
3,*>12,332
9,923,003
4,900,250
5,001,940
2,450,902
AVAILABLE FOR CONSUMPTION—SEVENTEEN
1883.
1882.
1881.
Peas
1,101,601
834,170
12,062,595
4.291.517
1880.
23,872,(97 20,878,532
5,004,9 lO 2,450,9G2
21.155.171
14,675,600 13,982,700
12,620,000
Total
42,314,745
Av’ge price of English
43,612,037
37,312,191
38,366,083
40s.
wheat fcfr season .qrs.
7d.
of wheat
hush.33,125,000
in the U. S
41s.
id.
4.291.517
41s. Gd.
Gd.
47s.
19,800,000
18,200,000
2,412,000
2,911,000
29,800,000
Supply of wheat and
flour afloat to U. K.
2,104,000
qrs
1S33.
London, Saturday, December 22,
period of the year there has been no great
branch of business, but, on the whole, a steady
tone has prevailed.
General business has been undoubtedly
quiet, and there has been some inactivity in the discount
market. Outside, the quotations have scarcely varied, and the
Bank rate of three per cent has not yet been reached. That
may possibly be the case next week; but the movement is
likely to be of a very temporary character, as the supply of
floating capital is still large. The two colonial loans which
have been tendered for by the public during the week have
proved to be successful, the amounts required having been
more than adequately covered.
There were at one period some
doubts as to their success, as the colonial governments have
been piling up debt rather freely of late years. The present
loans are understood to have been very well placed with the
public, and it may therefore be regarded as a fact that colonial
borrowings are not looked upon by investors as exorbitant.
The scrip of the new loans has risen in value on the Stock
Excharge to a slight premium, and is being dealt in to a fair
As is usual at this
activity in
Tenders at £100 13s. received in full, and those afc
£100 12s. 6d. 96 per cent.
The minimum price was par.
The money market has been comparatively quiet,
'rate for short loans is not more than 3 per cent.
Time bills
have been in some demand for the Continent, and, consequently,
the market has lost a little of its firmness.
The wheat trade is in a very inactive condition, and the only
WEEKS.
Imports of wheat.cwt.20,899,495
Imports of flour
4,900,250
Sales of home-grown
produce
16,545,COO
Visible supply
South Wales was for £3,000,000, and was a
success, the applications reaching a total of
very
any
extent.
and the
doing is to supply actual wants. Stocks are large, and
importations fully equal to our wants. There is no material
change in prices.
The Board of Trade returns for November and the eleven
months ended November 30, have been issued. They do not
show any distinct change in the position of our trade ; but
there is an increase of about £1,600,000 iu the value of our im¬
portations for the month, and of £25,200,000 for the year.
This is evidently an indication of the great wealth of the
country, more especially as there is a large increase in raw ma¬
terials, such as wool, jute and hemp. There is, however, a
large falling off in the imports of cotton. As far as our export
trade in British and Irish produce and manufactures is con¬
cerned, there is a small falling off, both for the month and year
but our re-exports have, iu many cases, been large, especially of
wool.
The exports of railroad iron to India and Australia
have been considerable, a fact which is partly due to the recent
colonial loans. The following are the leading particulars of
imports and exports :
c.
IMPORTS.
business
1881.
1832.
£
£
Imports in November
Imports iu 11 months
31,209.784
362,278.090
Exports in November
Exports iu 11 mouths
The following figures
November 30 :
20,75 3,164
213,773,957
EXPORTS.
1887.
£
34,901,910
376,431,902
30,520.437
391,615,801
20,292,918
20,054,098
220,858,612
•
223,395,005
relate to the eleven months ended
imp. RTS.
1332.
1881.
13,796,125
13,531,252
ewt.
Cotton
1883.
13,415,354
EXPORTS.
1831.
Cotton
Cotton yarn
Cotton piece goods
Iron and steel
Jute piece goods
Linen yarn
Linen piece goods
Silk manufactures
British woo!
Colonial and foreign
Woolen yarn.......
Wool fabrics
Worsted fabrics
1,074,127
ewt.
1382.
1383.
2,191,910
2,050,027
lbs. '232,351.900 220,010,5o0 313.854.160
yards.4,390.036,200 4,018,248.300 4,185,036,200
3,518,511
4,002.215
3,705,192
yards. 187,523,800 191,877,300 210,182,300
’..lbs.
16,534,800
17,040,400
16,470,530
..tons.
yards.
159,799,500
2,325,082
12.133,500
£
lbs.
104,208,500
"2,5(2,4 8 3
13,047,200
149,458,360
2,223,391
18,320,100
England return is less favorable, the propor¬
wool.lbs. 213,380,217
239,053,135 2 49,440,554
.lbs.
20,632,000
29,514,*00
30,705,900
to liabilities having declined to 4iD8 per cent.
50.681,200
81,981.700
vards.
80,969,100
vards. 175,417,300
137,625,600
130,012,300
Compared with last year, however, the position is more satis¬
Flannels
yards.
7.429,200
9,143,000
0,906,000
factory, notwithstanding that sime rather important quantities Carpets
9,020,LOO
10,645,100
9,945,400
yards.
........pairs.
1,119,940
1,215,000
967,878
of gold have been taken out of the establishment for exporta¬ Blankets
The following were the quantities of cotton manufactured
tion.
Over £300,000 in gold coin has been withdrawn for
piece
goods exported in November, compared with the corres¬
exportation to South America, Egypt and Lisbon, and the
ponding month in the two preceding years:
falling olf in the note circulation is very trifling. About
1883.
1882.
1861.
Yards.
Yards.
Yards'.
£122,000 in gold coin has been returned from the provinces,
Exported to—
3,1 55,1 60
3,146,400
2.8 15,300
and the total reserve shows an increase of only £5,000. The Germany
3.33 1,900
2,36(5,600
2,564,900
Holland
3.874,900
4,1 *7,500
5,590,700
France
next two or three returns will naturally exhibit changes peculiar
1,955,960
5.889.400
3,611,100
Portugal, Azores 6c Madeira.
to the season of the year, and probably the Bank’s position
6,823,100
4,09-,400
0,24.8,100
Italy’
602,600
1,08 4,100
855,400
will be scrutinized early in the new year, before fresh mercan¬ A us trian Territories
4.194.700
2,872,800
8,672,800
Greece
23,7(50,700
2(5,09 1 ,"00
45,990,100
tile or financial operations are indulged in by the community.
Turkey
11,375,100
14.400.000
14,957.100
Lyypt
Annexed is a statement showing the present position of West
4,815,300
4,28 1,900
2,236,260
Coast of Africa (For.)..
4,093.800
3,379,100
3,061,000
United States
the Bank of England, the Bank rate of discount, the average
9,053,900
7,130,500
5,800,100
Foreign West Indies
3,510.700
4,814,7 00
4,659,700
quotation for English wheat, the price of consols, the price of Mexico ....*.
3.230. LOO
5,112,500
5,15 1,600
Central America
middling upland cotton, No. 40 mule twist, fair 2i quality, and United States of Colombia..
3.311.300
4.10(5,200
4,162,900
20,792,300
18,3:9,000
23,664,000
the Bankers’ Clearing House return, compared with the three
2 296,300
3,181,700
2.979,100
Uruiouiy
4,701,700
7,47 1.900
6,233,100
previous years:
Argentine Republic
The Bank of
tion
of
reserve
...^
•
1883.
1882.
Circulation
Public deposits
Other deposits
Governm’t securities
Other securities
Kes’ve of notcsArcoiu
Coin and bullion in
hot It departments.
24.858,870
8,401,998
21,501,888
£
20,314,148
12,989,274
25,4 1(5,000
0,050,332
22,089,1 1 2
11,381,002
23,37 1,017
11,201,539
22,098,144
20,897,94 1
14.102,798
Proport’ii of reserve
to liabilities
Bank rate
Consols
1
Eng. wheat .av.price
Mid. Upland cotton.
430
39*2
3 p. e.
5 p. e.
00;?1(,xd.
39s. 5d.
5yd.
9 ■VI.
No. 40 Mule Twist..
Clear'g-hotise return. 1 32,05! ,OuO
18 SO.
£
26,1 17.325
1881.
£
i oo v
41s. Od.
5*jj. d.
1 Od.
•
25.22 1,205
11,2 70,9 10
8,001,812
23,G7.<,028
14,305,019
21,61 6.707
13,02 4,67 4
20,751,205
2
0,580,*'97
22.40 t,808
13.2 13.9(51
22,324,4 87
1,711,999
42*2
5 p. c.
99 q
4 Is.
9d.
01 * ic,d.
10 4jd.
3 ]». c.
'
44s.
'
39.318,000 149,917,000
9844
od.
(ii;’., ,d.
1
lOLjd.
12,962,000
Treasury balance at the Bank of England now reaches
the prominent total of £8,420,000, which is larger than in any
previous recent year. A large amount of imperial tax is due ou
January 1. and the annual financial statement is being looked
The
forward
to with
more
income tax would be
burden
on
the
than usual interest.
A reduction in the
regarded with great favor,
public.
as
it is
a
heavy
Clnli
Peru
China and Hong Kong
Japan
Dutch Possessions iu Lidia..
Philippine Islands
Gibraltar
Malta
West Coast of
Africa (Brit.).
British North America
British West India Islands Sc
Guiana
British Possessions in South
AI rica
British India—
Bombay
Madras
Bengal
Straits Settlements
Ceylon
A
Total unbleached or blenched
Total priuted.dyed.or colored
Total mixed materials,cotton
predominating
Grand total
5,633,600
1.755,900
30,013,360
2.609,800
9.6 15,500
1,217,700
4,529,400
5.939,200
4.608,100
5.778,300
5,961,200
2,200,100
1,171,600
1,143,000
55.2 86,800
<5.578. 100
66,16 l 300
7,893.) 00
71.032,500
72.030.500
8,935,800
02,071,000
8,760.800
4.797.000
1,312.800
2,202.500
3,41 L .000
1 1.573.900
22.155.300
3,408,400
9,530.600
6,013,600
1,301,000
1,211,860
8.96 VOX)
■80,3 18.500
10.^06,900
2,9 LV,800
10.034,700
20,166,800
21,603,800
22,029,400
291.311,900
277,1 75,500
256,807,000
113,063.000
120,433,700
115,104,300
2.019.700
3,050,400
266,500
406,429,600
•100,665,600
372,178,400
’
Australasia
5,852,400
1,374,700
8,002,500
1,878.100
42,197,800
5,109.100
6,8 1 7.800
7,519,300
1,715,900
3,603,300
2,00 1,100
1,1 83,300
2.126,500
1,991,000
7.7 77,990
r
January 12,
THE
1884.j
CHRONICLE.
1
Other manufactures of cotton show-as follows.
Lace and patent net
£
Hosiery of all sorts
£
Thread for sewing
lbs.
Other m’fs, uuenumerat’d..£
Tot. value of cotton m’fs..£
I) epos Us
1881.
1882.
187,608
167,679
75,59.1
1,151.1 -2
91,677
5,551,947
1883.
161,952
83,957
1,358,130
77,220
1,166,^00
93,707
94.159
5,569,270
b>j-
Scpt. 1.
Oct.
I
1.
Nov. 1.
$
I
860.6511
$
Insolvent bks
Dec. 1.
Jan. 1.
$
$
$
850,431
79 4,468
8.38,927
13,586,763 13,220,336 13.076,261 13,154,278
LiquM't’g hks
Krduc’g uud’r
22,374,087 21.655,538 22,230,913 25,352,09S
5,015,840
36.821.501 35,750.30s 36.1 52,1 01 39,300.844
ICtigliaU Market Reports—Per Cable.
The daily
•
closing- quotations for securities, &c., at London
and for breadstutfs and provisions at Liverpool, are repotted
by cable as follows for the week ending January 11
'
Louden.
Sat.
50
101 •L
101 *4
fr. 759
117 hr
126 7s
58 4
d.
Silver, per oz
Consols for money
Consols for account
Fr’ch rentes (in Paris)
U. S. 4^s of 1891
40. 8. 4s ( f 1907
Canadian Pacilic
Chic. M il. A St. Paul
Erie, common stock
Illinois Central
Pennsylvania
96
It
28 *4
137
60
! 50 7s
; 101 31 (i
101 in
7(MO
117 J4
127
;! 59
96
Nr w York Central
_
4
7Gu >0
1 17
126 h
58 >3S
| Thurs.
58^8
95 ■*4
28 *8
137 It
60 :{S
29 5S
rr
11(
1
Fri.
50 h
101 11 m
101 Hi, fi
760i 1 1'2
117
126 u
rr
60 :,s
29 •8
(117
„
:
1
137
.80 *4
117 »4
)
J
-
5 8q
58
9: >3t
95 1*2
2 8*8
113 70,
28
138
6 012
Exports
Week.—The imports of last
for the
week, compared with those of the preceding week, show an in¬
in dry goods and a decrease in general merchandise.
The total imports were ?S,0Gl,9S0, against .*7,413,394 the pre¬
ceding week and $10,354,526 two weeks previous. The exports
$6,413,607, against
$5,432,515 last week and $8,241,372 two weeks previous. The
following are the imports at New York for the week ending
;for dry goods) Jan. 3 and for the week ending (for general
merchandise) Jan. 4; also totals since the beginning of first
for the week- ended Jan. 8 amounted to
week
0^8
11 6'”a
O
January:
in
FOREIGN IMPORTS
600}
29 h
O
•*8
and
crease
r>( 3t
* Oh
101 *4
L 1 :,8
ilO
76 ; i 2 *0 76 •75
117 *4
11 4
126 34
•12 «*4
95 Lj
28 :,s
137 »4
117
101
101
! 29
58
Wed.
501=6.!
‘
30
Philadelphia & Reading,
Tues.
JfOH.
|
Imports
I
For Week.
1 lb ’’8
1881.
AT NEW
i
1
YORK.
!
«-< 00 CO ci
1883.
1884.
,
Sal.
Liverpool.
s.
Flour (ex. State)..100 lb. 12
Wheat, No. 1, wh.
“
Winter. South, n
Wiuter, West., n
Cal., No. 1
Cal., No. 2
d.
s.
0
12
7
4
3
8
6
“
“
8
8
9
8
“
9 1 1
Spring, No. 2, old “
Spring, No. 2, n.. “
1
“
Corn, mix., new
“
Pork, West,mess..$ bbl
Bacon, lontr clear, new,.
Beef, j r. mess, new,$tc.
Lard. 1 rime West, $ ewt.
CTbecur Am. choice
,
Mon.
d.
0
Tues.
s.
d.
s.
d.
s.
0
7
11
9
4
1
8
6
1
5
8
7
4
11
8
8
8
3
8
9
8
4
8
4
2
8
8
9
8
8 ]
8
8
6
8 1 1
9
8
0
T)
3h>
5
8
5
64
64
39
92
45
0
6
0
6
40
92
45
*•5
0
66
8
3L;
Thurs.
12
rr
8
8
8
Wed.
S
;
8
6
8 ] 1
S
5
;>
31*J
0
5
61
0
61
6
41
0
6
41
92
15
0
0
92
45
66
0
0
6
0
66
0
3
0
0
0
d.
9
4
4
3
O
5
8
8
6
6
8 11
8 11
S 5
8 5
5
5
3b
0.
4
1 64
64 0
0
4 1
11
0
0
03
93
O
0
45 6
i 45
1 66 0 ! 66 0
9
S
©ommcvctaXimtl BXiscclUmcous IXeuis
Coinage
United States Mints.—The
following statement,
kindly furnished us by the Director of the Mint, shows the
coinage executed at the Mints of the United States during the
by
month of December and for the year
!
Month
1883
:
of December.
5,061,469
$2,089,035
5,111.7 03
$2.34 6.146
5,854,8! 8
$2,666,54 4
5.395,436
$6,303,512
$7,800,738
$8,200.96 l
$8,061,980
$2,039,03 ■>
5,771,703
$2,3 16. M 6
Sen’l mer’dise..
$1,742.013
5.031,469
$2,666,544
5,395,430
T >tal 1 week...
$6,803,512
$7,800,738
$8,20'\96
-Jen’l mer’dise..
d.
9
7
2
s.
11
8
8
8
9
8
rr
$1,742,043
Dry goods
Fri.
Total
Since Jan. 1.
Dry goods
In
of
our
Pieces.
Value.
one
week later.
exports (exclusive cf
specie) from the port of New York to foreign ports for the
week ending Jan. 8, 1884, and from January 1 to date :
EXPORTS FROM NEW
1881.
128,620
36,100
eagles
Eagles
Half eagles
Three dollars
18 s 2
Quarter eagles
$7,319,921
$6,413,607
Total 1 week ..'
$6,772,531
$5.94'>,: 3 i
$7,3 4 9,921
$6,113,607
!
The
following table shows the exports and imports of specie
port of New York for the week ending Jan. 5, and since
Jan. 1, 1883, and for the corresponding periods in 1.882 and 1881.
at the
259.540
329,598
1,047,990
2,820
4,900
3,000
3.000
10,840
0,0 10
2,943,900
1,851,880
29,241,990
2,354,170
2,351,170
28,470.039
28,470,039
8,170
1 1,570
590,170
4,085
3,643
59,017
9,039
15,439
,7.675,712
4,520
3,860
707,57 L
2,967,080
2,420,915
36,170,229
29,215,990
1,402,933
73.147
22,969.421
1,118.471
4,"90
146
10.60.)
318
‘4,193.390
41,93 4
45,598.109
455,981
115,227
08,578,139
1,604,770
5.18 ',0 42
I06.600.248
00,092.750
gold
1
Standard dollars
Half dollars
Quarter dollars
Dimes
Total silver
Five cents
Three cents
One cent
Ti'tal
1,249,002
1,960
10,810
Dollars
Total
,.
Week.
940
.'.
/
-
minor
1884.
"$5,940,134-
AT
Exports.
361,000
-
1663
$6,772,531
■$
2,700
4,800
WEEK.
NEW
i
YORK.
Imports.
Qold.
24.980.010
2,595.400
'
FOR THE
EXPORTS AND IMPORTS OF SPECIE
2,572,400
900
1.920
YORK
For the week...;
Prev. reported
Value.
$
i
Double
1 $8,061,980
The following is a statement of the
Year 1883.
Pieces.
l
report of the dry goods trade will be found the imports
dry goods for
Denomination.
!
5,854,818
Great Britain
France
$
Since Jan. 1.
$1,460
$
Germany
i
West Indies
Mexico
$
5,598
5,348
9,334
8.131
$10,392
25,513
$13,782
25,513
9.9-42
90,242
$f
$
•2,500
2.500
21.020
289 03
1
South America
111 other countries
24,900
Total 1881
Total 1883
Total 1882
2^,106
1,285
Silver.
Great Britain
France
German
West In. ;ies
Mexico
South America
Ail other countries
Week.
Since Jan. 1.
3,206
$
1,285
:
.
'
$260,250
$260,250
......
*
21,020
28,603
1,133
'
1,133
.
Total coinage
Changes
8.798,833
Legal Tenders
in
and
National
Bank Notes
Comptroller of the Currency has furnished us the
following, showing the amounts of national bank notes out¬
standing Dec. 1, together with the amounts outstanding Jan. 1,
and the increase or decrease during the month; also the
changes in legal tenders held for the redemption of bank notes
up to Jan. 1:
National Bank Notes—
|
Amount retired
I!
Amount
$350,175,977
$1,177,010
during Dec
outstanding Jan. 1,1884*
1,600,053
423.043
-
$319,752,934
■
Amount on deposit to redeem
bank notes Jan. 1, 1884
*
Circulation of
national,
,j
$36,152,101
'
$4,796,396
1,647,653
—
1
$53,256
$53,250
41.191
11,194
14,708
,
225.239
225.239
1 4.708
Of the above imports for the week
American gold coin and $4,700 American
exports during the same
3,148,743
$39,300,844
national gold banks, not included above, $729,894.
in 1884, $3,735 were
silver coin. Of the
time $28,106 were American gold coin.
—The ./Etna of Hartford, the largest of our fire insurance
companies, has just issued its sixty-fourth annual statement,
which will be found in the advertising columns of the Chron¬
icle.
The company’s growth in financial strength keeps pace
with its years ; its assets at the close of 1883 being $9,192,643,
and the net, surplus $3,269,457, both of these items showing a
gain over the figures as given one year ago; and this is made
notwithstanding the fact that the year 1883 was notoriously
one of heavy losses to the insurance companies.
Stock
According to the above the amount of legal tenders on
deposit Jan. 1 with the Treasurer of the United States to redeem
national bank notes was $39,300,844. The portion of this deposit
made (1) by banks becoming insolvent, (2) by banks going into
voluntary liquidation, and (3) by banks reducing or retiring their
circulation, was as follows on the first of each of the last five
months:
265,429i
Auction Sales.—The
Legal Tender Notes—
Amount on deposit to redeem national bank
notes l)ee. 1, 1863
Amount deposited during Dec
j
Amount reissued & b’nk notes retired in Dee.
$260,250
265,429
$260,250
to
Jan. 1.—The
Amount outstanding Doc. 1, 1883
Amount issued during D<*c
Total 1884
Total 1883
Total 1882
Exchange,
or never sold at the
sold at auction this week by Messrs.
following, seldom
were
Adrian H. Muller & Son.
Shares.
50 N. Y. Life Ins. A Trust Co.506
40 Warren HR. Co
120Jo
50 Central Mining Co. $9 75 p. sli.
4 Clinton Hall Association. 46
100 New York Gas-Light Co.. 145L>
60 Bank of Commerce
152
16 C*>n:mental Bank
120
20 Merchants’ Exch’gc B’k.. 96
20 Mech’nics’ A Traders’ B’kl07
30 Niagara Insurance Co
132L>
44
Christopher A 10th Street
11 7
RR.Co
10 2.nl Street Railroad Co...166L.
20N. Y. Mut’lGas-Light Co.xl28
55 Wells, Fargo A Co. Exp.. 109
110 Merchants’ Ex/jh’ge Nat.
Bank
91
)
Bonds.
$229 Am. Fire Ins. Co.
scrip.. 36
$3,500 e<>rt Royal A Augusta
R’y 2d 6s, due 18 >8. guar.. 891*3
! $2/ Oo Bleecker St. A' Fulton
1
I’crrv RR.7s, due 19 )0.112 A int
!
$2,310 23d Street RR. C
due L88-i
*. 7s.
103*8 A int
j $3,00o Fuit’n Mum’p’lGas L’t
Co. 1st 6s. due 1900. 108 *4 A int
I $3,000 Cent P’k N. A E. Riv.
J
RR 7s, due 1.9o2
120 A int
$5,000 IT way A 7th Ave. RR.
5s, due i 904
104 A int
$G,0o0 All. A lkie. RR. (Cent.
Div.) 1st gold 6s, due 1922 70J4
$13,500 Piuniar Cons. Mining
Co. 6s, 1st pref. bonds
15
—
54
THE
CHRONICLE.
Exchange.—The New York market for sterling has been
unsettled by a spasmodic demand for bankers’ bills for the
settlement of balances and-by the
jankers7 da^ette.
Ol
V
I
DEN
Per i When
j Cent. | Payable.
Railroads.
Bald Eagle Valley
Central Ohio, com. <fc pref
Central Pacilic
5
3
..
1
31 Jan.
I Jan.
$2 50 1 Jan.
15 Jan.
15 Jan.
18 Jam
3%
Jan.
$1 75 Jan.
Mine Hill & Schuylkill Haven
Oregon Ii’way A Nav. Co. (quar.).
St. L. & San Francisco 1st pref,)..
St. P. Minneapolis & Man. (quar.)
St. Paul & Northern Pacific
2
Feb.
II Jan.
3*2
Feb.
1 Jan.
1 Jan.
15 Jan.
Feb.
] Jan.
Wilmington Col. A Augusta
Wilmington A Weldon
Jan.
Jan.
Insurance.
American Fire
American Exchange Fire
5
5
5
5
Clinton Fire. *
Farragut Fire
Globe Fire
Guardian Fire
Home
New York Equitable
3
7
6
:
Standard Fire
United States
On
On
5
0
Rutgers
31*2
r
ire
5
Miscellaneo
YORK,
FRIDAY,
United
States
Interest
Periods.
j
Os.cur’ey,
6s,eur’oy,
6s, cur’oy,
Oa.cur’cy,
*
JANUARY
11-5 P. 11.
aggregating not less than $11,000,000, of which
about $4,000,000 was on Thursday, the 10th, and about $4,500,000 on Friday. The occasion of the rush to sell was in the facts
that on Thursday the West Shore Company listed on the Stock
Exchange the remaining $14,750,000 of the total issue of $50,000,000 bonds, and that at the meeting of the stockholders on
Wednesday no provision was made for the payment of the
deficiency of from $5,000,000 to $7,000,000 in the cost of the
road over the amount actually raised.
The plethora of unemployed money in this market becomes
more apparent now that it is increased
by the interest and
dividend disbursements incident to the
beginnning of the
year.
Just at present it is also being increased by the fact
that the interior exchanges have this week been more de¬
cidedly in favor of New York. These features, together with
the reported probability of a call for the redemption of $10,000,000 more of United States bonds on March loth, have given
us a
superabundance of money not only in the immediate
present, but also prospectively, for some time to come.
A few we4s or so ago there were some indications of a
growing confidence in railway mortgages, and a prospect that
a great deal of the
capital held out" of employment would
find investment in that channel.
But the recent develop¬
ments in connection with the
Oregon & Trans-Continental
Company nnd the New York & New England, together with
the apprehension that the unexplained condition of the West
Shore and North Ri er Construction companies, might even¬
tually result in a default of interest on the West Shore bonds,
have made a temporary slight renewal of the feeling of dis¬
trust, and the owners or capital have again fallen back upon
loans on collaterals for tin-* use of their money.
The result is
enormous,
been
Jan.
5.
Jan.
Jan.
7.
8.
j Jan.
|
9
Jan.
Jan.
10.
11.
MUU 1*114*8 *114*8 114*8 114*s
Q.-Mar. *114*4 1*1.14*8;
114*8 * 11 4 *4 * 114*4
1
1234b 123% 123% 123%* 123%
reg. Q.-Jan.
coup. Q.-Jan.
1234b 123% *123*4 123*4! 123%
100
;* 100
"100
ioo
reg. Q.-Feb.j *100
*114*8
*114*4
’95
reg. J. A J. *128
’90....reg. J. & J. *130
132
’97
reg. J. A J.
’98....reg. J. A J. *131
•
(S
J
•
*135*2
128
*128
428
130
132
131
*130
430
4 32
*
132
*134
4 34
128
j* 130
|*
* 132
134
123%
*123%
*100
*128
*130
*132
*134
135*2 *135*2 i*435*a|* 135*8 *135*2
This is the price bid at the morning board;
no
sale
was
made.
U. S. Sub-Treasury.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
Balances.
The Money Market and Financial Situation.—In finan
cial affairs the most prominent event of the week lias been the
break in the price of New York West Shore & Buffalo 5 per
cent bonds from 00% last Friday, the 4th, to
57% on Thursday,
the 10th, though recovering to 00% on
Friday afternoon, the
11th. The transactions in them during the week have been
have
coup.
Ss.our’cy. ’99....rev. J
deni.
bonds
regjQ.-Mar.
4*28,1891
4*28,1891
4b, 1907
4s, 1907
3s, option U. S
dem.j
dem.l
Bonds.—Government
stronger again during the past week, and the 4s are to-day
%@% higher than on last Friday.
The closing prices at the N. Y. Board have been as follows:
10
On deni 1
■On dem.l
On dem,|
14
Jail
On dem.
1
Feb.
On dem.
On dem.
On
•1
scarcity of commercial bills
against exports of grain and provisions, which have shown a
notable decrease in the last few weeks. A week
ago the posted
rates were 4 83 and 4 80.
During the week they were ad¬
vanced to 4 84% and 4 87, but on Friday, the 11th, were 4 84
and 4 80%.
The rates for actual business on Friday were as
follows, viz.: Sixty days, 4 83@4 83%; demand, 4 85%@4 80;
cables, 4 86%(VM 86%. Commercial bills, 4 81%@4 82%.
p!
us.
Fidelity A Casualty Co
NEW
12 to Jan. 31
10 to Feb. 2
o
to Jan. 14
8 to Jan. 15
8
to Jan. IS
16 to Feb.
1
17 to Feb.
3
20 to Feb.
3
10 to Jan. 15
Jan.
1.2
j
On dem.l
On dcm.
o
Citizens’
Books Closed.
(Days inclusive.)
Feb.
!Jau.
Feb.
$3
Georgia RK. & Banking (quar.)
Little Schuylkill Navigation
Pacilic Fire
US.
!
Name of Company.
fV0L. XXXVIII.
Date.
Payments.
Receipts.
$
$
Jan.
5...
::
I::
“
*2,898,321 99
937,992
786,574
1,010,531
949,388
75
10
40
83
9..
10..
1L.. * 3,336,333 58
“
“
-i
Total
...|
9,919,142 70
Coin.,
$
1,681.135 00 110.790,198 00
1,469,017 09 110,185,343 11
1,445.080 10 115,702,121 27
t2.530.555 38 11 1,405,706 04
1.200,855 75 114,239,064 52
1,392,151 03 116,072,329 71
Ciirrency.
$
6,054,309 11
0,733,539 06
6,493,251 96
6,328,645 61
6,24 3,220 86
6,354,737 06
9,728,395 01
*
Includes $2,000,000 gold certificates put into cash.
t Includes $518,000 gold certificates taken out of cash.
X Includes $2,000,000 gold certificates put into cash.
State and Railroad Ronds.—The
general market for rail¬
strong during the first half of the week, and
tendency was toward increased activity and higher
prices. On Wednesday, however, the movement to sell West
j Shore 5 per cents, which had been increasing, grew into un¬
' usually large proportions, and the
rapid decline in their prices
affected the rest of the bond market to a slight extent. Never¬
theless, the majority of the leading issues show slight frac¬
tional gains, though the amount of business in the last two
days lias been of small volume. The following shows the
range of fluctuations for the week since the opening prices of
Saturday, the 5th inst.,viz: N.Y.West Shore & Buffalo 5sat 65}^
@57%@00%@G0%; Kansas & Texas gen. mort. 6s at S2@81%@
8t%(«'83(a>84@83; Atlant. & Pac.firsts at 93%@92%@93%@93 ;
Central Pacific firsts at lll%@112@lll%;Canada Southern firsts
at. 95%@90%@90; Burlington & Quincy debenture 5s at 93%@
93%@93%; International coupon 0s at 82@84@83}<; Kansas &
Texas consols at 108%(o)ll0%@109%; Texas & Pacific Rio
Grande Division firsts at 73%@ 75@73%@ 74 %; Northern Pacific
firsts at 102%@102%@102%(jM02%@l02%@102%; New York
Susquehanna & Western firsts at 79%@79%^78()%f§79%@80;
New Orleans & Pacific firsts at 85@84%@80%; Chesapeake &
Oh o currency 0s at 4S%(d4S%@47%@50@47%@48%; Erie 2d
c >nsols at 92(7793%(« 91%; Oregon & Trans-Continental firsts at
the lowest rates of interest ever known at this season of the 78@77; Wabash general mortgage 0s at 69(7767; Virginia Mid¬
land incomes at 05(d04%7<705: Chicago & Northwestern deben¬
year.
Throughout the week the rate for call loans on stock ture 5s at
and Chicago St. Louis
93%7F931%<793%@93%(5:
collaterals has scarcely been above 2 per cent, and at times has
& Pittsburg firsts at 855788.
been down to 1% and even 1 per cent.
Time loans on the best
State bond continue extremely dull.
Sales during the week
stock collaterals can be had for 60 days or four months at 4 and
include Tennessee 0s at 37%%37%; North Carolina 0s, special
4% per cent. The rates for mercantile discounts are also tax. at
lower, being from 4 to 5 per cent for first-class double name North 3% : Missouri 0s of 1880 at 104 ; do. 0s of 1888 at 106 ;
Carolina 0sissued to Chatham RR. at 2%, and Virginia
paper for GO days and four months, and from 5 to 6 per cent
0s,
deferred,
at 9%.
for the best single name paper for the same
periods.
Railroad and Miscellaneous Stocks.—The features of the
The last weekly statement of the New York banks reflected
road bonds
the general
was
_
the above-mentioned conditions of the market bv an increase
of $9,157,200 of deposits :uid an increase of $1,403,000 in the
surplus reserve, the total excess over the required 25 per cent
being now $8,211,050. against $4,030,225 at this time last year.
The Bank of England weekly statement showed a
gain of
£45,000 in specie. At the same time, the reserve of the Bank
was increased from
34% per c nt to 36% j er cent. The Bank
rate of dis ount remains unchanged at 3
percent. The Bank
of France weekly statement showed a loss of 3,150.000 francs
in gold and 4,050.000 francs in silver.
The Bank of Germany
shows a gain of 3,210,000 francs in specie.
Tne following laoie shows the changes from tue
previous
week and a comparison with tin* two preceding vears :
1HH1.
5
Jan.
Loans ana (11s. $331,355
(52.8 V
Specie
1 * ,7<>(»
Circulation...
Net deposit*
32*.950
27.822
Legal tomii rs
i
.
•
Difter'nces jr'm
previous week.
ooo Hu*.
$3,819
000 Inc
2.408
TOO Dee
75m
20" 1 no
94 57
50
Ine
1,313
.
.
300
900
IOO
200
1883.
Jan. 6.
lf-82.
J.,n. 7.
$317.119, 200 $310
(50.1 52 s >c
17.537,
302,8 si i OO
ut
1
10.400
01 51 l.OOM
20 20 '.() 0
209 5OO.40O
400
24,204 700
10 (5.*8,8 *o
Reserve held
*50 Inc
90.(59.> 5‘ *0 Ine
$2,389 300
3,752 300
$75,720 275
80,357, 500
$7 1 875,100
7" 192 Son
Surplus
$s.21 1 9 TO lie*
81,1(»3 M00
44.03 (5 225
r3 317.77*0
Legal
reserve.
.
week which have affected the stock market have been—first,
the unsatisfactory condition of affairs in the various pools,
but especially that in the Trunk Line pool in connection with
the attempt to coerce the Lackawanna by the oruer of the
Trunk Line committee, cutting off its connections west of
Buffalo after next Monday ; second, the diminished earnings
of the roads in the Northwest in the first week of January,
and, third, the break in West Shore bonds. At the beginning
of the week there was a good prospect that the disposition to
make use of the increasing amounts of idle money would
result in an advance in the quotations of stocks, and the
prices of Michigan Central, Union Pacific and Missouri Pacific
were made the leaders of what
appeared to be a movement
for a general advance. This, however, was checked on Thurs¬
day by the continued break in West Shore bonds and the
various rumors in circulation about the West Shore and North
River Construction companies.
The result was that in the
next
two days, though there was no general decline, the
market was very dull.
Nevertheless the majority of stocks
show at least fractional gains ov* r last week, while Union
Pacific. Michigan Central. Central Pacific and Jersey Central
show important advances.
Ontario & Western was adversely
affected by its connection with the West Shore, and declined
2%
per cent.
THE
1884.]
January 12,
CHRONICLE.
55
NEW YOBK STOCK EXCHANGE PKICES FOR WEEK ENDING JAN. II, AND SINCE JAN. 1, 18S4.
HIGHEST
STOCKS.
Sat unlay,
J an.
AND
Monday,
8.
Jan.
1
Salt's of
the Week
Thursday, i
Friday,
Jam 10.
9.
(Shares!.
1‘L
Jan.
.
j
50 3,:
50 3,
51 3,
IV.
pref.
Burlington Cod. Rapids A No.
51 3,
..
SO*,
65 4
i5 V
24 V'
Chesapeake A Ohio
1st pref—
2d pref
Lowest.
Chicago A Alton
Chicago Burlington A Quincy.
'
Chicago & Northwestern
j
...
92 4
03
I1534 1 10
117 V
pref. 145-V
Chicago Rock Island A Pacific j 1104
11V,
Chicago St. Louis A Pittsburg;
Do
Do
35
"34
34
;
34 V
O41.1
954
OS
OS
1104 1171-2; 1103, 117 7e
117 >4 117
! 144
4j
333]
33 V
04
04 v
1454
117iall734
11
*24
10 4
!
V
52
V
88
V
50 V
52 V
90
12.020
*131V 135 V
894
i
Jan.
Jan.
35
35
334
5.701
4,950
93 V
! *65 4
11”..
“;!g*
OV!
03,
123,;
pref.
12
12 4
1
12k
'O
Green Ray Winona A St. Paul
Hannibal & St. Joseph
Do
pref
1
J,
Harlem
*40 4 53
Houston A Texas Central
133 V 133 4
Illinois Central
Do
leased line 4
p.e.j ---Indiana Blooiningt’n A West'll
20'4'
10 >4!
Lake Erie A Western
97 V
Lake Shore
i
00
I
Long Island
....I
69
Louisiana A Missouri River
453.1 4714I
Louisville A Nashville
i
Louisville New Albany A Chic.!
Manhattan Elevated.
I
Do
1st
Do
common J
Manhat t an Beach Co
I
*50
.....
*;)
*9
|
50
133 V
82 V
10
V
103,*
184
1SV1
18 V
18 Vi
00-38
97 V
00
I
053,
00v!
j
pref..j
46 V
*42
43
1
*84 V
88
I
*42
43
:
!
j 195
45
:
50
100
50
!)7 V
904
003,
07
4 0 3,
31
1
30
:
42 V
88
I
43
i
16
!
37
94
1
93 4
*85
36
90
89 '4
195
! 1334 1334
81 4 814
1
19 4
194
V *48"
*30
42 V
37
*90
'414
*85
*414
2
12-3, Jan.
7
51
Jam
193
50
161
855
*47*4
Jan.
4 195
51
4
3 131
Jan.
Jam
:
05
J
200
40
94
92 4
1,000
200
1,150
9.030
200
00
2,000
15
-an.
16
40
5)0
Jan.
Jan.
Jan.
Jan.
Jail.
10
Jan.
Jan.
38
2
Jam
Jam
I am
Ian.
93, Jan.
20
85
40,300
Jam
30
18,415
500
475
Jan.
5l
3
Jam
Jam
Jam
3
7
Jan.
Jan.
7j
7,280
3,488
Union Pacific
I
|
Wabash St. Louis A Pacific...
Do
pref.!i
MISCELLANEOUS.
1)7 >4
97 4
99
183s
20
18 V
19
73 V
19 4
303,
31
72i,
Pacific Mail
Pullman Palace Car Co
Quicksilver Mining.
pref
Western Union Telegraph
EXPRESS.
Adams
American
United "fates
.'
Wells, Fargo A Co
INACTIVE STOCKS.
Albany A Susquehanna
>8!
95 4
18 4
75 4;
734
19-3,!
3D',;
183,
1
304
96
18 4
74 4
19 4!
30 4!
97 4
*93** 98*'
194
20 4
78
19 4
31 4
70 -4
19
30 4
184
30
'
4
9*7 4
19
76 V
1!)
1
61V1 60 4 60 4! 61 V 61. V
121 Vj 1214 121 4 1214 1214 121V 121-8 121V 1213,
16 4!
151-2 11; 4 *15
16
;
105 4 1053,
1053,
17 4 17 4
122 V122 V *1 15
132"
04
<55 V
02
02
62
100
97
1034
99 4 *974
42 4 44 4
42 4 42 V
424
1104 117
1 15
115 4 115 V
*5 4
0
*5
*5
6
*25
30
*25 V 30
*15
1053,!
16 4
101
1034
42 4 433,
115
115 4
*5 4
6
*25
30
75
75V
70V
*1284 130
70 4
*129
92
92 4
92
*5(5
*50
00
1094 1094 110
131
92
60
110
132
133
74 4
129
92
00
*100
10
.
15 V
15 V
17 4
17 V
134 V
131V
10534
1.32** |
03
99 : ioivioiv
434 433,
433,
115
115 V 115
0
*5
*25 4
75 4
753,
130
93
60
112
93
00
6
30
76 V
'
129
129
92 V 93
*50
60
108
110
19 4!
30 V
304!
60 4
00
4!
1214 121V1
•15
17
100
100
135
137 41
1*0*6"
162"!
43 4 43
1 14
114
*5 4
6
*25
30
75 V
90
|
4,
4!
1
These
are
the
j
200
0
Jan.
Jan.
Jan.
131V Ian.
4
34
14
Jan.
O:
2
1
31
15
43
42
Jan.
90
5! "90
Jan.
Jau.
323, jan.
Jan
Jail
12
94
28,625
4.Tail.
29 4-1 am
‘il 99
2!
2'
Jan.
204 Jan.
78
Jan.
3! 19-3, Jan.
2:-32
Jan.
57
Jan.
01V Jam
Jan. 2,1214 Jan.
Jail. 10: 16*.i Jan.
Jan.
4 106
Jan.
Jan. 5i 17 V Jan.
Jan. 7 137 4 Jan.
Jan.
3! 65 V Jan.
Jan.
21103 4 Jail.
Jan.
2
444 Jan.
1,724 113-4 Jan. 2 117 Jan.
3 130
91
56
108
Jam
3, 93
200
132
2
764 Jan.
193,
50
50
15
j
193,
192 4 1924!
,*104
*10
30 V
L3
1L
*104
*9 4
13
11
293,
' 30
sale
was
304
prices bid and asked;
no
*Y04 *13**
j
*‘i*o*6
7
10
*9 4
11
1
*104
9V
30
31
I
30 V
made at the Board.
104
200
*11
14
9V
314
*94
12
11
j
!
*114
*94
12
11
*3*f* 314! *30*4 ‘*3*6*4
I Lower price is ex-dividend.
100
2,5*00
?0V
144
36 34
14 34
89
28
61V
138
72
39
23
85
103
364
59 V
1004
40 V
9734
169V
69 V
1184 140V
39 V
14
1024 112*9
15
55
56
90
28
25
125
91V
150
44*4
1124 134
7;
5
30
9V
46 V
7134
884
1264 135
88
944
55 4 65 V
Jan
3' 60
Jan. 10 110
Jau.
Jan.
Jan.
Jam
113
128
Jam
Jau.
127
135
28
159
7
133
7
90
Jam
Jan.
9 90
9
15
Jamil
15-* Jan. 11
144 4 Tan.
3 1444 Jan.
3
193, Jan.
192 4 Jan.
10
Jan.
9V
49*4
53V
17 V 43
70 V 104»4
15
364
29 V 57 V
21
601 ! 594
2,779 :119 V
550 : 15 V
1,736 105
405 | 164
646 11224
700 ! 60
7,402 i 93
20,650 ! 41
2134
15V
4
47
21
14
35
80
40
87
33
90
94
9j 323, jan.
73 4 Jan.
|
7
204
1284 Jan.
!
Jan.
2:
31 89
160
592
100
13 3
00
no
2
21
1294
Jan.
1
524
29V
8V
18
29 V
393, Jan.
6,700
14
10
32
464
Jan. 11
83
183
15V
4V
7
V
V Jam 10
515 i
4*360
*ov
59 V Jam 10
100 ;
388
100
89 V
26 V
72
17 4
23 V
41
88
Jan.
Jan.
8334
4934
Jan.
J an.
5
9
105
90
7!
5
5
129V
15V
35
133,
Jan.
Jam
7i
584
68
30
53 V
38
90
80
53
38
12 4 30 V
55
32
95 4
76
77
1004
18
10
484
35
30
34
HP,
63 V
33
19 4 34 V
86
106 V
10
194
120
1294
504 64 V
5;
7|
8 132 4 Jan
3,400! 274 .) an.
2,460 1 14 V Jan.
•
8
5
2
Jail. n
Jan. 2
10 V
5
38
4634
72
97»4
200
190
50
824
148
124
77
844
17 4 354
13 4
334
923, 114 V
86
53
34
25
13
Jan.
Jam
24-4 Jail.
45,261
15
Rome Watertown A Ogdens!).
Texas A. >t. Louis in Texas
United Co’s of New Jersey
Homestake - ining Co...*.;
*
2
2
*1284 130 !
92 4 92 4
90
Oregon Short Line
Rensselaer A Saratoga
1
Spring Mountain Coal
O
41
27
57 V
3V
75 V
*50
110
84
1244 142
7 4
14
13
140
31
Chicago A Alton, pref
Columbi 1 A Greenville, pref..
Dubuque A Sioux City
Ohio A Mississippi, pref........
New Centr 1 Coal
Pennsylvani 1 Co
234 Jan.
51V Jam
16V Jan.
77 V1 437,973
| 69 V Jan.
19
4,980 j 18
j
.Jan.
Central Iowa
Maryl md Coal
211
*974!
|
j
American Tel. A Cable Co
i
Bankers’ A Merchants' Tel
>
Colorado Coal A Iron
j
Delaware. A Hudson Canal
j
Mutual Union Telegrtph
New York A Texas Land Co.. *110
Oregon 1 mprovement, Co
Oregon R ilway A Niiv.Co
600
58,270
V!
10
22
7
29 V
13 V
54 V
238,420
.
Jan.
24 Jam
2.100
1,200
*
!
40
72,232
.
9*
...i
620
1134
2! 169
Jan.
'
24
5
<>
28 V
70
O
17 4
1764 Jam 11 178
12 4-1 am 11
10 4
5
Jam 11
54
16
Jam
9
164
2,650
.....
*4 Jan* * "i *8*7* Jau*.
70
13
......
pref
St. Paul M inneap. A Manitob a!!
Texas A Pacific.
!
°i
263, Jan.
Jam
Jam
1374
55
30
91
54
2
4
5
5 1114
9!
7
10V Jam
Jan. 10 124
Jan.
5(5
Jan.
Jan. n
Jan. *> 114 V Jan.
*
509
*10**1
-
9
-
!
V;
’17^0!
*29*4 *29*4
7j
36
234 Jan. 5
91V Jan. 10
0
Jau.
184 Jam
0
2
0
35 4
27
1224
40 V
934 Jan.
Jan.
Jan.
Jail.
8V fan.
184 Jam 10
2,952
Jan.
Jan.
V Jan.
54
Ill V
28,434
1,570
48
35
42
214
86 4
10 V
123
75,055
Jan.
Jam
90
388
09
; 42
85
10
38
10 V
33 4
200
Jan. 11
Jam
4
Jam
7
97V‘-lan.
3i
324 Jan.
20,030
.
....
_
204 Jan.
193, Jail.
an.
2334
5; 1114 1314
3
214 514
7
4 4
114
5
114 23
75
45
7
81 4 Jan.
84,070 ! 43b, Jan.
300 ; 31
Jail.
31
43
88
43
|
.
Jam
11V J an.
7\34
157
116 4 1274
104 22
33
5734
3
7
7
5
V Jam
50
90
88
115
03, lan.
1,405 | 17 4 Jan.
1,050
17 4 Jan.
98,903 i 94 V Jan.
715
38
*90
25
2
2,014 1324 Jail.
903,
083,
87
90
914
:
Milwaukee L. Sh. A Western.
*33**
08
Do
pref.( *18**
*18 4- 18 V 181-2 17'', 1 < 3, : *
18
j *17 4
Minneapolis A St. Louis
!
*17
34
*34
3-5
i
35
35 4'
35
35
30
Do
!
V 3(5
pref.'
22
23
23
22
V
V
22
i
23
4
22 4
Missouri Kansas A Texas
22 V
1
4
1, 22
j
'■
90 V 91V
88-3, 91 I 90 v 91V 89
Missouri Pacific
:
893, 90 V
9014! !
:
mi*
10 V 10 Vi
11 V
Mobile A Ohio
94
114
j
1
123
123
*122
124
Morris A Essex
j 124 124 |
50
•
;n»
50
1
00
f> 4
54
Nashville Chattanooga A st.L.!
! 113 4 1133, 1134 113 4
New York Central A Hudson, j 113 V Hi V 113 V 114 V 113 V 113 V'
9
9
94
New York Chic. A. St. Louis ..!
V
94
93. i
9V
9 >2
V
Oti!
93,
914
914*
20
20
lot !, 184 18 4 *18
20
Do
j PJis 19V
j 20
prefJ 20
105
10
5
130
130
130
*105
New York Elevated
105
130
130
|
130
,*105
i
! 804 86 4
80
8780 4 80 4
864 861-21
86
New York Lack. A
86
!
Western..| 27 3, 28
27 4. 28 V 2634 27-V
27 V 27 4
New Yoi k Lake Erie A West’nl
| 27 4 28
Do
>ref.
l>r
16
i To 4 *1*6*4 *1*6** 10
New York & New England
17U! 154 ‘154!
I *104
|
176 4 1764
New York New Haven A Hart.
180 j
!
12 4
New York Ontario A Western.! *15 4
13 V
16
123, 13-4
ia-'a
V
I
5 4
5 V
5
New York ausq. A Western...!
0
j
! *153,
17
*15 4 16 41
Do
pref.i
1
Norfolk A Western
j 40
40
*4*6"
Do
3,
*404
pref
i
40, *4*6*’
20 V 26V
‘id’s
Northern Pacific
26JV 26 41
26'4' 26 4
55
55
im
Do
54
54 4 55 V
V
-h
V
553,
!
pref
3
3
2 V
Ohio Central
!
“V
3's
23,
j
23 V 24 4
Ohio A Mississippi
233,
1
Ohio southern
!■
7
'
*3*6*4 31V *3*6*4 TTv
30 V 323,!
Oregon A Trans-Continental..* 82
13 V
*13 4 15
14 4 14 V
Peoria Decatur A Evansville..’
1
133,1
1
58
1 5 7 V 59 V 573, 58 !
57 4 58i,:
Philadelphia A Reading
131
131 4 13141
4 1314!
Pittsburg Ft. Wayne A Chic..
5
!J
Ricli.-e Allegli., st'k trust ctf’s.
!
i
*54 V
Richmond A Danville
1
*29** 29
Richmond A West P’t TermT.
29 4 294;
15 V 15 4
Rochester A Pittslmrg
15
15
154 15 4'
4()
*45
i
St. Louis Alton A Terre Haute
1
*45
40
90
*88
Do
88
90
!
88
pref.
j *>9
*
Ai2'2
7
i
*22
27
22
20
St. Louis A San Francisco
z 1
j
42
V
42
i
Do
42
*414
*404
414 114
pref.
*90
*89
90
Do
*89
90
1st pref.
St. Paul A Duluth
324
! <J1
5 V J an.
684
134
i
1
194
183,
.964
003,
234 Jan. 11
84 a4
86
65 4
1154 140V
Jan.
1 an.
35
Jau.
34 4 Jan.
95 4 Jam
08
4
Jam
J am
5 139
Jail.
8434
78
75
48 V
47 4
1153, 129 V
913, 1084
2
Jan.
0
**..
!
19
| *42
i
15V
1
43
23 V
0V
Jan.
Jan.
Jan.
Jan.
Jan.
.2 117*4
2
134 Jan.
11*53*1 Jan/"*2 1*18*
.3,7 55
7,455
2,500
1,200
42
!
52
19
40
;
36
i
04
90 381
16
I
38
;
i
,1
!
47
4*5
H7*
200
"*44 *’*6”
*
00
139
00
116 V
23 4
Jan.
Jan.
Jan.
Jan.
324-fan. 11
924 Jan.
2
500
0V
i
13
*124
183, !
V
.
85
j
43
88 V;
43
I
243, i
(5 3,1
•
82 V!
10 h
10 4
473,i
233,
*1334 134
133a8 133 V
'
*07
:
50
1*17 4
*04
•
Oh
'
10 v
17
1 136
2 1223,
2
94 4
9 117
2 118V
2 147
784
61
13
23
14 3,
128
15
Jail.
25V Dm.
8
8
153, jam
1333, j an.
1194 Jan.
91V J an.
*334
073, Jan.
4
24 V fail.
1.050 1
150
32 4
_
2
2
2
034 Jan.
14 v Jam
:
82 4 Jan.
80
Jan. 10
57 4.lan.
534 Jan.
90
Jan.
J:.n. 10
54 4* an.
50
Jan.
8 4 4 Jan.
121
121
92 V 92
13
35 4 1
34
j
94 4
803, Jan.
an.
Jan.
04 b
1
/O
SO
3, j
14,288
V 210,550
1154 H5V
117
1,920 115 V
11714 lLSi,: 110-V 117 V
33,265 110V
144 3, 144 78* *144
2,010 \ 13 V
H714 1173,3
1,540 il 164
i
17 v>! 110 '4 1 1 0 '8
21V,. 251.1
24V 21V
1 UJ3h 1
35
103,
103,
1213,!
s 1
9,484
17,025
27,495
003,
15
25
15
200
200
312
174
33 V
93 V
*60
00 v
50
OlrS
*14
•24
15
25
*11
Evansville A Terre Haute
Memphis A Ch rleston
Metropolitan Elevated
Michigan Central
oov
12i)i. 1213,1 121 V
92 V OO'is'
02 V
03 i
1151- 110 V 115V. 115ig *1 Id
35 V
34 4
.
88
:
02
144 V145
53 4
89 4
074
1
Columbus Clue. A Ind. (Vnt-.
Delaware l.aekawannaA West. 11
Denver A Rio Grande
{
East Tennessee Va. A Ga
Do
*ri;
High
Low.
8O4 Jau.
;>
80
50 V
504
52 4
50 4
53 4
88
00 V
15
25
12()i, 121V!
023, 03 7s
110 It 110 V
11-SV 117 V. 11S-V
1164 1464 1403,
1 10 V 117
117V
134: *124 14 !
'34
38 3,
pref.j
Chicago St. Paul Minn. A Oim:
Do
pref.
Cleveland Col. Cinn. A Ind
1
Cleveland A Pittsburg, guar..*
30
121V. 1023,
1*2034 122 4'
Chicago Milwaukee A St. Paul,
Do
pref.i
•so"
50 V
53
87
65 V
*14
-24
-10 4
:
i
.....
17 4
1354 135 4
153,
134 It 134 4
......
j
.
56 V
52 V:
Canadian Pacific
Canada Southern.
Central of New Jersey
Central Pacific
Do
Year 1883.
•
[
Atchison Topeka A Santa
Boston A N. Y. Air-Line,
Do
1! For Full
Range Since Jan. 1, 1884,
|
It A IE ROADS.
Do
Do
PRICES.
Wednesday
ay,
7.
Jan.
u.
LOWEST
193-i Jan.
7
8 1924 Jam
11
Jam
9
8
4
7
Lin.
9
29 4 Jan.
2
77
96
19
139 4
15
13
Jan.
9
92
112V
32
145V
34
27 V
187 4 197
19
8
10
9
260
3*14
68V
294
17
14
280*4
804
CHRONICLE.
THE
56
[v'ol. xxxvin.
QUOTATIONS OF STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE
1
1
j Bid.
j Ask.
SECURITIES.
i
I
II
!!
.Ask. !
Bid.
SECURITIES.
Michigan—
j
,
82 >•_ !
7s, 1800
'116
Class‘A, 3 to 5, 1000
1 .SO
Missouri—
Class A. 3 to 5, small... j
81
Class B, 5s, 1000
Os,
due
1880
10t
07Hi
Class C, 4s, 1000
Os, due 18S7
105
! 80
Os, due 1888
100
1105
6s, 10-20s, 1000
i
Os, due 1880 or 1800.... 107
i
Arkansas—
14 4
Asvl'ni or Univ.. due’02 110
6a, funded, 1800-1000 ..! 11
Funding, 1804-05
117
7s, L. Rock it Ft. S. iss.
‘20
Hannibal it si. Jo., ’80. 110
20
7s, Memp.it L.Itock Rlt
Do
do
’87
110
7s, L. R.P.B.itN.O. RR, 18 |
New York—
7s, Miss. O. it R. R. RR.
18
6s, gold, reg., 1887
107
7s, Arkansas Cont. RR.‘
0 1
Os, gold, coup., 1887
108
Georgia - Os, 1880
,.i 103 '
113
6s, loan, 1801
7s, new, 1880
j 1024 104*a
6s, loan, 1802
115
7s, endorsed, 1880
j 1024 104*3
Os,
1803
117
loan,
■--- HO
7s, gold, 1800
N. Carolina— Os,old, J.&J.
20
Louisiana—
i
20
Os, old, A .it O
7s, consol., 1914
J
<•>
No Carolina RR.,J.itJi 100
sTnall
] 70
07
Do
A.itO
4 100
Ex-matured coupon—
00
Alabama—
BONDS.
!
;l
i
|
I!
N. Carolina —Continued—'
N. C.RR. 7 cp’soff, JAJ
Do 7 coup’s off, A.itO.
1
1
'
,
,
Funding act, 1800-1000
Do
1808-1808
New bonds, J.A* I., ’02-8
Do
A.itO
Chatham Rlt
'
j
!';
i
!•
|
Do
Do
'
H
Do
Do
Do
:j
!
j!
Prices.)
Ala.Central—1 st, 0s, 1918
Alleg’y Cen.—1st, Os,1022
Aten. T. it. S.Fe—4 4,19‘^G
Kinking fund, Os, 1011.
Atl. A’ Rac.—1st, Os, 1010
Balt.it <).—lst.Os.Prk.Br.
Boat. llartf. it E.—1st, 7s
Guaranteed
Eur.C.liap. it No.—1st,5s
Miun.&St. r. —lst.7s.gu
IowhC. it West.—1st, <s
C.Rap.la.F.itN.—1st,Os
02
•
92 4 03
“114
115*8
*14
*n
lul *4
01
07 l4
90
Den v.it KioGr.—1st. 1900
1st consol.. 7s, 1010
100
87
Den.it Riot.J.West.-lst.Os
Del.Mac. it Marq—lst.Os
Land grant, 34s, S. A .
E.T. Va.it G.—1 st.7s,1900
1st, cons., 5s, 1030
Divisional 5s. 1930
Eliz.C.ife N.—S.L.deb.c.Os
71
10
7 9 :)4
Iowa—1st,7s, ’00 ’
112**
111
’ Til
o:
4
I
i
>
.>
'h
"l)8
T
•18
88
90
72
j
90
03
05
85
•---
..
115
10 5 *a
'
110 4 112
1**7 4 108
;
1
104 4
1 110
i
2d consol., main line. S.AT234 124
2d, Waco it No.,8s,1915
General, Os, 1021
1 18
120
i 121
1st consol.. 7s, 185)7
I21 4
::o
2d, Rs, 15)07
2d, 7s, 1884
102 4
let,7s, I.itD. Ext.,1008 H5) i
Gold, os, 15)51. .:
I0'»78
115
1 17
100 4
2d I)iv., 7s, 1894
K. W. Div., lst.Os, l!U)5».
Ced. F. it Minn.—Is 7s
1st, 5s. RaC.it Dav.,15) 10;
OJ
hid.
Bl.
,t
W.—1st
prf. 7s; 112
i.Rt,S.Minn. Div.Os,1910; 100 ;107 4
87
1st, H.&D.,7s. 1910..! 117
1184, 1st, 4-5-Os. 1909
70
72
Cli.it Pac. Div.,0s,1910 1104
2d,4-5-Os. 1900.
89 I 5)2
lht.CIiiC.itP.W.,5s, 15)211 5)34 04
East’ll Div.-Os, 1021 ..
100
Min’l Pt. l)iv..5s, 15)10.
004 904 Indianap.D.itbpr.—1st,?
C.it L.Kill).Div.,5s, 1021
2d, 5s,15) 11..:
02
Wis. it Min. D.. 5s. 1021 i
01
Int.it Gt.No.—1st,Os,gold
109 .110
83 C, A N’ west.—8.fd.,7s,’85| 100 4
Coupon, Os, 15)00
Consol, bonds,7s, 15)15.| 1334 134 4 Kent’kyCen.—M.,0s,1011
Extens’n bouds, 7s, ’85.i H>5
L.Sh're-M.S.it N. I ..s.f.,7 s 104
|
1st, 7s, i«85
! 100 4 10»>4
Clove, it Tol.—Sink. fd. 103 ;
New bonds, 7s, 1880..' 105
'
Coupon.gold, 7s. 15*02..,*
T244
Cleve. P. it Ash.—7s
113:4
Reg., gold, 7s, 15M)2
1 1234
Butt, it Erie—New lids.
121
Sinking fund, Os, 1925».j
ill
Kal. it W, Pigeon—1st., 100
Sinking fund, 5s, 15)25).| 10’-4
Sinking f’d.deb. 5s, 1033'
03 4 03 4
Det.M.itT.—1st,7s. 1900, 123
Escan’ait L.S.—1st,6s.|
Lake Shore—Div. Ponds 122 4 123
DesM.it Min’s—1st, 7s!
consol., coup., 1st, 7s. 1234 120
Iowa Midland—1st,8s.. i 120
Consol., reg., 1st. 7s...; 121
1214
Beninsula— lst,conv. 7 s 121
Consol., coup., 2d. 7s. T 1 94
Chicago it Mil.—1st. 7s. 115)
Consol., reg.. 2d, 7s... 1184
18:’.
•’4
2d 6s. 15*30
i
E. II. it N.—1st,6s,1910!
N. Wis.—lst.Os, 1030..!
Kt.P.itS.C.—1st ,0s. 1010
110
OhiC.&E.Ill.—1st,s.f.,cur.;
Chic.St.L.ifcP.—1st,conus!
1st, con., 5s, reg.. 1932.1
:
08
lt'0
i
Chic. & Atl.—1st,- s,1920;
Chle.it W. I ini.— 1st, s f.Os 100
Gen. M.. Os. 1932
*’02
<Jol.& Green.—1st,Os,1010
2d, Os. 1026
*97
-
Col. H.Val.it Tol.—1st, 5s
70
103
Louih\\C.«t L.—6s, 1031
L. Erie it W.—1st, 6s, 15*15);
'
99""
j
704
Morris a Essex.—1st,7s *135 4’
2d, 7s, 1801
115
Roods. 7s. 10(H)
o price
Leban’n-Knox—6s,1031;
02
5)5
Metr’p’lil ’n El.—1st, 1008 101
2d. Os, 1800
,l
Mex. Con.—1 st. 7s. 15)11
Friday—these axe iaieat quotauous
mute
t
;<
2
tins week.
»
.
^
.
.
^
-
1154
Con.
044
cons., 7s.
St. L. it Iron Mt.—1st. 7s
......
iv.54
1074 108
2d. ]>ref.. 7s. 1891
2d, income, 7s. 1894
Rallev. it 8. III. -1 st, 8s ' 1104
st.P. Minn.it Man.—1st,7s loo 4
100
110
2d. Os, 1900....
110
Dakota Ext.—Os, 1010.. 10J
09 4 094
Is! consol. Os. 1033
Min’s IJ11.—1st,Os, 15)22.
1.304
103 4
180
111 4 117 4
10
St. P. it Dul.—1st.5s, 15)3.1
80. Car. Rv.—lst.Os, 1020
40
1
1 ();>
190 4 107
105 4 106
72
73
112
Arkansas Br.—1st. 7s...
Cairo it Fulton—1st,7s.
Cairo Ark. it T.—1st, 7s
Gen. r’Vit 1. gr., 5s. 1931
st. I.. Alton A T. II. —1st.
13(>4
30
30
90
TOO
02
1900
2d, 7s. 185)7
130
92
70
.!j.L
Atl.itCli.—1st, j)., 7s.,’97
107
08
00
Rmli.it Danv.—Cons.g.,Os
Debenture Os. 1927
I ncomes,
00
107 4 108
|
}
106
105
07 'V
W.vtOg.—1st.7s,’01
1st, ex. 5s, 1922...
105”
97
2d, Os, 1031
•Shen’d’li V.—1st, 7s, 1009 107
*70
80
1014 1014
General, (is, 1921
80V 874 iTex.Cen.—lst,s.f.,7s,1909 107 4 1084
107
108
*4
4
<>8.4 ;>S*- j 1st mort., 7s, 1011
j
7s
,!
.,
i
80
*02
i
804 iTol. Del. it Bur.—Main,Os
;
Peoria it Pek. U’n—1st,Os' '5)5
Ill.1fcS0.Ia.—1st Ex.,0s
Pae. RRs.—Cen. P.—G.,0si L11 4
St.L.K.O.itN.-R.e.Ts ’
ban Joaquin Branch..) 1084
Oni. Div.—1st, 7s
Cal. & Oregon—1st, Os! 1014
Clar’da Br.—Os, 15)15)
State Aid ’oils., 7s, '8 1
St. (’lias. Br.—lsROs
10!
Land grant bonds. Os.j *04
No. Missouri—1st, 7s.
104 4
West. Pac.-Bonds,Osi 1084 ...
I West. U11. Tel.—1900, cp.
So. Pac. of Cal.—1st, Os.* 103 4 1034 :
1900,reg
s. Pac.of Ari/.'a.—lst.Os
!N.W.Telegraph—7s.1004
So.Pae.of N.M.—1 st,6s j
;Mut. U11.T.—S.F.,0s,l0l 1
Union Pacific—1st, Os.. j 113
-Oregon RR. it N.—1st, Os
Laud grants. 7s, ’87-5). Ids 4 109
INCOME BONDS.
i
...
1)?4 118
104 4
Sinking funds, 8s, ’03.
Collateral Trust, 6s...
20
10
10
110
'66*
684
75
81
074
74 4
104 4
86
90
Kans. Pac.—1st,6s,'5)5
108
1st, Os, 1806
C.Br.U.P.—F.c.,7s,’S)5!
924|
St. L.it S. F.—2d.Os,cl. AI
!
i
PeirceC.AO..!
Equipment, 7s, 1805..i
Gen. mort., Os, 1031..
Pennsylvania RR.
Pa. Co’sgu >r. 4 4s,1st
j
c.
107 4 107 4
1014
98
'83” ”86 ‘
1054
98
i 6
.
i.
..
109
*
85
*804
117
.
90
106
*80
....
110
1124
113
*
80” \S2"
105
105 4
( cut.
la.—Coup.debt ctfs.
'Ch.St.P.it M. — L.g. ine.,0s
Chie.it E. Ill.—Inc., 1007
! DesM.it Ft. D.—lst,inc.,0sf
;
'214
*00
*05
...
284
lud. Bl. it W.— Inc., 10101
Consol., Inc., Os, 1921..t
.
j ind’s Dec.ife Snr’d—2d iuc;
1124
1 Trust Co. certificates..
107 ;107 4 Leh. ifc Wilkesb. Coal—’88
16
.
•M)"
'33”
10
1111
Lake E. it W.-Inc.7s,’05)3
98
;
'j rsand’ky Div.—Iuc.,1020*
05 4
00 4 Laf.Bl.ifeMun.—Inc.Ts.’OOi
00
;
8Mil. L. s. it W.—1 ncomesi *70
iMob. & O.—1st prf. deben8 *00
! I 2d pref. debentures
!
J
!
';
11044
94
....
-
1
------
4th pref. debentures
!
N. Y.Lake E.it VV.— 1 nc.Osj
|N. Y.P.itO.—Istinc.ac.,7s8
iOhio Cent.— Income, 1020*
744 l Min’l Div.—Iuc.7s, 19211
10
jjOhio So.—2d inc., 6s, 1021! *26”
Ogdens.itL.C.—Iuc., 19201
95
.;
;
.
40
45”
......
.
32
28
52*4
'
PeoriaD.itEv.—Iuc.,1020; 45
Evans. Div.—Inc.., 1020; *45
11
21
50 "
PeoriaitPek.Uu.—Inc.,Os
.
Rocb.it Pitts.—Inc ,1921!
Rome W. it Og.—inc., 7s.1
....
1 Coupons on since 1869.
3d pref. debentures
45
*94 4
Registered, 1021
Pitt.C.A St. Ii.—1st, c.7s
1st. reg., 7s, 15)00
;
2d, 7s. 1013
Pitts. Ft. W. A Oil.—1st *130
133 4
2d, 7s, 1012...
131
3d, 7s, 1012
Clev. it Pitts.—Cons.s.f. 1234
4th, sink. fd.. Os, 1802. ' 108
”30”
! G. BavVY.it st.P.—2d.iuc.i
....
100 T04
05 1100
1014102
00 '3
44 4
AkJ
......
......
Det. Mac. it Marq.—Inc. J
I 914 E.T. V.itUa.-1uc.,6s,1931
So. Pac. of Mo.—1st ..I 104
Tex.it Pac.—1st,Os, 1905 100
Income it Ld. gr., reg
At 1. it Pac.-1nc.. 1010...
Central of N. J.—15)08
044;
Oreg. Short L.—lst.Os
Consol., Os, 15)05
j (Interest payable if earned.}:
Alleg’v Cent. —Inc., 1012.
,
02 4,
So.—G6n.,7s ,1000|
Extcn., 1st, 7s, 1005);
Mo. Pac.—1st, cons., Os.!
3d, 7s, 1000
j
Pacific of Mo.—1st, Os'
2d, 7s. 1801
1
106
At.C.itP. -1st, Os, 15)05!
At. J.Co. it\V.—1st, Os
Ut.
•
......
4;
112
107 4
...| 100-^
Den. Div\,0s.as’d,’99
1st consol., os, 1010 !
3-Os, class C, 1000
3-Os, class B., 1000
94 4
*.(;
....—
5s, 15*07
do
'I
!*
5)1
54
*
...
10
..
;
TO
,
-
113 4
113 4
i 11-2
110
5s, 1809
small
i 110
registered...! 110
.,
94
5*5
100
......
1
Roch.<& Pitt.—1st.(5s.1921
j
Consol. 1st, Os, 1022
08
''105
Y.C.itN.—Gen. ,0s, 1010
lst.Os,
100
.....
.
Small bonds
Registered
!
101 4
83 4
1st,RioG.Div.,Os,1930/ 744
03
District of (Columbia—
3-05s, 1024
i8t, Dayt.-Div., Os, 10i0;
J14 94 •« :
Mitilaiidof N.J.—lsf.Os,
1 st, Ter’l trust. Os, 1010
)
()44
N.Y.N. H.it II.-’st/g..4s
0Tex.it N.O.— 1st, 7s. 15)05
1004
102 .!
Nevada Cent.—1st. 6s
1
Sabine Div.-1st.Os,1012;
IN. Pac.—G. 1. g., lst.cp.6s 1024 102 4 Va. Mid.-M. mc.,0s. 15)27
Gen’l.Os;
j Registered, 6s, 1021.... **024 102 4 : Wab. St.L. it P.- G
N.O. Pac.—1st, 6s, g.,1920'
Civic. Div.—5s,
"
854
" ‘1010
!
Norf. & W.—G’l, 6s, 1031.1 102 4 1034
IIav. Div.—6s, 1910 ....!
New Riv’r—lst.Os. 1032j
Tol.P.itW.—lst.7s.1917,
101
Ohio it Miss.—Consol.s.f. 1154
Iowa Div.—6s, 1021
i
Consolidated 7s. 1898
*115*y
Ind’polis Div.—Os, 1021;
i
2d consolidated 7s, 1011;.1-1
Detroit Div.—Os, 1021..!
Cairo Div.—5s, 1031
1st, Springfield Div., 7s;
’
118
OliioCeutGil—1st, 6s, 10201 05
Wabash—M.,7s, 1900..,
1st Ter’l Tr„ 6s. 1920... I
Tol. it W.—1st, ext..7s
1st Min’l Div., 6S.T921.
1st, St. L. Div., 7s, ’89
Ohio So.—1st, 6s, 15)21
( 81
2d, ext., 7s, 1803
1
()reg’n<feCal.—1st, 6s, 1021 j4
5)4
Equip, b’ds,7s, 1883..!
Or.it Traiis’l-0s,’82-1922
Consol,
74 4 78
couv., 7s, 1007
Gt. West.—1st, 7s, ’88.
Oreg. Imp. Co.—1st, 6s...I 82*4... .
Panama—S.f.,sub.6s, 15) 10;
2d, 7s, 185)3
Peoria Doc.it Ev.—lst.Os!
Q. it T.—1st, 7s, 1800.3
98
Evans. Div., 1st.6s,1020;
Han.it Naples— 1st,7s'
91
101
934
H. it Cent. Mo.—1st,*90
Mobile it <)hio.—New. Os.
Collat. Trust, Os, 1892..
DiOauitlire, Os. 1807
--
Sandusky Div.—6s,1910!
Laf. Bl.it M.—lst.Os. 15)1 Oi
I, o u i s v. X. A1 b. it C.—1 s t. 0 s
Manliat. B’elK ’o.—7 s, 190!*'
N. Y.itM.B’h—lst,7s,’07i
Marietta it Cm.—1st. 7s.'
08
05 4
103 4
l o5
;
2d. Os. 1923
N.Y.W.81i.it Bull'.—Cp.5s
N.Y. Snsq. it W.—1st, Os
99'
Peusac’la Div.—Os, 1020
St. L. Div.—1st,6s,1021! 1054
2d, 3s, 1080
..'
50 ;
Nash v. it Dec.—1st, 7s. *115S.itN. A la.—S.f.,6s, 1010;
103
'
D 1. L.it W.—7s, e<mv.,’92 *112 j
Mortgage 7s. 15)07
128 4
Syr.B1n1r.it X. V.— 1st,7s 126*8
N
General, 6s, 1030
!
consol, bonds
j
ex-matured coupon.!
!
consol., 2d series
deferred
j
Rome
83
1st, Os, 1005
103
N.O.ifeMob.—lst,6sl030>.
Con.-ol. S. F.,7s, 1914. ‘UT
C.St.P.M.ifeO.—Consul.,Os *108
1084
C.St. P.«fc M .-1 st.Os, 1018 115 4
j
1807
1104 110 4 SciotoVal.—1st.
N.Y.C.&St.L.-lst,63.1921
120
-
40
38
28
05
42
51
8
2d. 7s, 1898
109
2d, guar., 7s, 1808
Pitts. B.it B.—1st,Os.1011!
-
,
*95) 4
1184
414
!
Kt.L. V.itT.H.—1st,g.,7 s
!
...
Trust Co., receipts
N.Y. it New Eng.—1st.
.
1st consol., os, 15*3 i
Louisv. it X.—Cons.7s.'OS
Ceeilian Br’cli—7s. 1007
new,
40
40
43
37
—
I Penn. K R.—Coutinuod—
90 4 100
1204 125
110 4 121
Cons. 7s, 15)04*5-6
Cons. 2d, income, 1911.
N.
.
....
125
1910.1
-
Harlem—1st. 7s, coup..
N. Y. Elev’d—1st,7s, 15)00
N. Y. Pa.it O. Pr.l’n.Os.’Oo
..
series, 1014
Funding
..
| 1054
P.—lst,7a,’87j 100 4 1004 Long Isl. R.—1st,7s, 185)8
117
N.Y.C. it II. —1st,cp.,7s
1 st, reg., 1003
II uds. R. -7s,2d,s.f.,’85
.
2d, 7s. 1007
! 130
Mil.&Mad.—1st,68,1905!
C.C.C.A Ind’s—1st,7s,s.f. *118
Consol. 7s, 1014
"118
i
Morgan’s La.it '1'.—1st. Os
Nasli.Cliat.it8t. L.—1st,7s 110;
I004 102 4
2d, Os, 1001
104
N. Y. Central—Os. 1887..
;
*lo3>i
1034
Deb. certs, extd. 5s
U
--
Win.A- st.
!
Mo.K.itT.—Gen.,Ors, 1020
1st, Os. 1020
'
Eliz. Lex. A Big S.-Os... 10*2 4 0-4
Mortgage Os, 1011
^0
187
Clxes.O.its.W. M.5 Os...
Erie—1st, extended.7s... Ki>
119
10
2d, extended, os, 1010..
Chicago it Alton—1st. 7s.
11 5
1 02
3d. extend’d, 4 4*. '■ 023
Kinking fund, Os, 1003.
lli 3
109
4th. extended, 5s, 1020. 1 108
La. A Mo. Riv.—1st, 7s.
100.
5th, 7s, 1888
‘2d, 7s, 1000
1st cons., gold, 7s, 1020. 12 1 4 1’80
Bt. L. Jack.it Chic.—1 st 115
*
125
1-1 cons., fit. coup.. 7s..
1st. guar. (5041,7s,’04.
2d (3001,7s, 1898
Reorg., 1st lien, Os,1008
.iir>"
ll.»
118
118”
Long Dock b’ds, 7s, ’93.
2d, guar. (18S},7s.’9».;
j’
*•31
Miss. R. Br’ge—1 st.s.f.Os
Buflf.N.Y.&E.—1st, 1010 131
129
129 4
924
N.
Y. L.E.itW.-New2d 0
C.B.&Q.—Consol. 7s,1003.
05
I Bllf.i&S.W.—M. Os, 1008
6s, sinking fund, 10()i..
934 o*>,,4 Ev. it T. II.—1st, cons.,Os
08
5s, debentures, 1013 ...i
101
4
i
Mf. Vei n.—1st. (5s. D'23
la. Diw—S. F., 5s, 1019!
1
91
112
4
114*";
00-4
,
Fl’t it P. M’rq.—M.0s,1920
8. F., 48, 1010
Gal. Har.it S. Ant.—1st,Os
Denver Div.—4s, 1922..; *87
1
Plain 4s, 1021
7s, 1005
1-0 4 | 2d.
Mex. it Pae.—1st, 5s.
C. R. I. A P.—6s, cp.,1917 l*..j
1
1
T2u l<2
6b, reg., 1917
78
Gr’n Bay W.itS.P.—1st,6s:
Keo. it Des M.—1st, 5s. 102 ,
Consol. 7s, 1005
81
S’tliw.Ext.—lst.7s.101O 110
Pac. Ext.—1st. (is, 1021. *101
1
5
BONDS.
.
1UI 4 102 4
Ani.D’kitImp.—5s,1021) 884 92 (j
O.M.«t St.P.—1st, 8s, P.D.' 132 4 133 82 !
2d, 7 3-10, P. D„ 185)8;.! l$\.
82 4
Rhode Island
6s, coupon, 1893-99
Os,
0s,
0s,
Os,
Os,
2d, 7s, 1801
954
-
24
106 4
Mil. it Xo.—1st. Os.
131
’vM
1st, reg., 1021
}
2 4
24
M i 1 Tj S. 11\V. - l's t, 0 s, 19 21
Mi nn.it St.L.—1st,7 s, 1927
Iowa Ext.—1st, 7s. 1000
Susn.—1st, 7s...
ioi‘4
2d, 7s, 1885
1st,cons.,guar.7 s.1006 121
*110
1st cons., (5s, 1 HOC
*1 10 1
*!v 4 Denv.So.P.ifePac.—1st,7s.
East.
bs, gold, series A, 1008.
6b, gold, series K, 1008.
Oq, currency. 1018
113
110 4 117 4
120 4
Rens.it Sar.—1st. coup.
2*2
Coupon, 5s, 1931
; 100
Registered, os, 1031 —1
Jack.Lan.it Sag.—Os.’01 100
Alb. it
lUo
Ai0,>
118 4
llOxj 1114
...
.
new
Virginia—0s, old
0s, new, 1800
3
.
24
■
C’mp’mise,3-4-5-0s, 1912:
J4
3
Mich. Cent..—Con.7s,1902 1234
Consolidated 5s, 1002 .. *106
Os. 1000
J
---
1004
Coup., 7s, 1894
1st, Pa. Div.,cp.,7s, 1917
I
2d. 5s. H* 13
i>iv.—1 st. Os.1012
Chat. Col. it Aug.—1st,7s
Ches.it oliio— Pur. ni’yfd.
78,1801
1st, ext., 7s, 1891.
0s,
3
!
1860 )
nou-fundable, 1888. )
Brown consol’n 0s, 1803 101
37
Tenuessee—0s, old, 1802-8.
37
0s, new, 1802-8-1000
Do
Do
117
7s
Del. it Hud. Can.—1st,
1st, 5s, 1021
Buf. N. y. & Phil.—1st,6s
Can. So.—1st, iut. g’ar. 5s
Central
1st, consol., guar..
N. Y.Lack. it W.—1st, Os
12
12
j
*120
7s. 121
i.
*
24
0s, 1880....'.
UAILHOAD
(Stt.ch Krclmvyf
South Carolina—
6s, Act Mar. 23,
135
135
0
10
toW.N.C. RR
Western Rlt...
Wil.C.&Ru. K.
W’n. it Tar R.
Ask.
Bid.
SECURITIES.
II
—
r
Del. L. it \V.—Coutiii’d—
7s of 1871, 1001
Railroad Bonds.
Ask.
0
class 2
! Consol. 4s, 1010.
|! Small
; Ohio—
Bid.
10
Special tax,class 1, ’08 0
;
.
.
1
SECURITIES.
.
So. Car.
1
Ry.—iuc.,6s, 1031
1st,7s, pr.i.a
454
30
00
St.L.it I. M.-
1 St’gi.itRy.-Se* B.,iuc.,04
St.L.A. it T.H.—Di v. bds.
55
THE CHRONICLE.
1884. j
January 12,
New York Local Securities.
PRICE.
COMPANIES.
Marked thus r) are: Par.
not
Quotations in Boston, Philadelphia and Baltimore.
Insurance Stock List.
[Prices by E. S. Bailey, 7 Pine St.]
Bank Stock List.
|
Bid.
National.
Par.
COMPANIES.
156
i
American
129
1
.| Amer. Exchange...
1
250
! Bowery
j
145
!
j ; Broadway
’•25
1 Brooklyn
!
185
;
! Citizens’
140
;
j City
2020
1 Clinton
120
:
' : Commercial
265
Continental
152
154
! ; Eagle
118
Empire City
165
Exchange. T
120
Farragut
Firemen’s
Firemen’s Trust
400
:
! Franklin A Emp..
50
100
25
25
25
17
100
20
100
70
25
100
100
25
50
100
100
40
100
100
100
100
30
25
50
25
17
100
10
100
100
100
100
German-American
100 128*3
50
i Germania
120
30
Globe
50
|
!
50 172
25
; Greenwich
100 119 ,.
100
Guardian
75 193
15
,
; Hamilton
100
Hanover
50
150
i
100
100
Home
25
Howard
50
|
......' 1 rving
100 151
100
* .1 ctVcrsou
100 264
30
: Kings C'ntv (Bkm). 20
50 140
100 >90
Knickerbocker
40
50 158
Long Isl'd (B’klyn) 50
300
Lorillard
25
:...
j
100 140
Manufae. A Build.. 100
152
!55
25
Mecli.
A
Trade’
s’
*25
|
25
195
Mechanics’ (Bklyn)
50
100
M ereuntile
50
181
!
1 Merchants’
50
50
50 j 87
50
Montnuk (Bklvm)..
100 i
Nassau (Bklyn.) ...
50
H50 ; 150
160
!
National
37 Hi
100 !
35
N. 5'. Equitable
-1
'
1**0 180
N. V. Fire
100
100 170
N iagara
50
100 : 1 40
25
North River
100 110
25
I’acific
J
100 120
100
j Park
105
70
iMMer ('ooper
20
80 115
50
People's
140
25
Plienix
50 i
100
100
America*
Amar. Exchange...
Butchers’ A Drov’s’
Central
Chase
Chatham
Chemical
Citizens’
,
City
Commerce
i
Corn Exchange*....
East River
Eleventh Ward*....
Fifth
Fifth Avenue*
.
First
.
Fourth
Fulton
Gallatin
Garfield
German American*.
German Exchange*
Germania*
Greenwich*
1
Hanover
Imp. A. Traders’
Irving
Leather Manuf’rs’..
Manhattan*
Marine
Market
Mechanics’
Meclianics’A Trads’
Mercantile
Mercnants*
Merchants’ Excli...
.......
,
..
MetropolisMetropolitan
Murray 11 illv
......
...
Nassau*
New York
New York County
N. Y. Nat. Exch....
Ninth
North America*
North River*
Oriental*
;
50
Pacific*
Park
! 100
.
People’s*
Plienix
1
Produce*
1
....
-
160
162
140
105
■
25
20
50
•
Relief
168
120
140
lo5
120
188
125
—
*
Sterling
,
st uvvesant
|
j
Trade-mien's
United States
Westchester
1:0
i
173
1
j.
Ask.
1
I
Williamsburg City.1
100
100
25
25
25
10
50
i
290
65
*
-
-
-
-
140
(55
G5
145
j
1 20
90
1
j 112
95
105
105
140
5*3
14 5
|108
147
81)
125
65
127
120
65
85
; 120
s105
63
65
180
70
' 182
126
200
210
:
115
100
60
-
-
------
!
GAS COMPANIES.
1
Amount.
Par.
1
Period
+-
Date.
❖
5
Bid.
i
Brooklyn Gas-Lie-lit
Citizens’ Gas-L. (Bklyn >
25
20
Bonds
Harlem
!
1,000
50
20 !
2,000,000 Var’s
3,200,000 Var’s
315.000 A. AO.
1,850,000 F. A A
Manhattan
3
Bonds
Mutual (N. Y.)
Bonds
Nassau (Bklyn.)
1,500.000 M.AN.
1,000
Jan
’84
July,
Dec.
.
15)02
6
3
Sept., ’82
3Hi'Nov., ’83
5
Nov., ’88
’76
3k> J an.,
875,000 M.AN. 3Hi Nov., ’83
25
1,000,000 Var’s
Var’s |
700.000 M.AN.
100 '4,000.000 M.AN.
10 11,000,000 J. A J.
Scrip
New York
People’s (Bklyn.)
Bonds
Bonds
Central of New York
1,000
1
3
Var’s
466,000 F. A AJ 3
1,000,000 Quar. > 2
125.000
Var’s
50
50
Williamsburg
Bonds
1,000.000
1,000.1*00
3.000,000
750,000
3,000,000
300,OIK)
2,000,000
1,000
Metropolitan (Bklyn.)
Aug.,
’88
’83
’88
’8:’.
Aug.,
50
Metropolitan
’84
’8:’,
8 Hi Oct.,
750,000 J. A J. 7Hi
4.000,000 J. A J. 5
100 2,500,000 M.A S. 6
500 )
750.000 F. A A. 3
100 3,500,000 Quar.
2 Hi
Jersey City A Hoboken..
’83
Ma v.
J an.,
5
3
100
100
...
Municipal
Bonds
Fulton Municipal
Bonds
100
Equitable
i 06
87
; 62
71
110
100
80
117
.
88
205
110
106
1110
!....
J. A J.
1 !*» 5
5)0
110
i 20
1 65
270
»j‘j 2
110
128
106
’88
Aug., ’83
N ov ,
’83 115
’S3 105
Oct.,
’84
85
Jan.,
’88 200
Dec..
106
1888
Oct.,
A. AO.' 3
M.AN. 3
5
M.AN. 6
181
\*7
107
1 17
1 f>f>
260
215
1 05
124
104
74
85
14!)
70
106
97
6
....
92
*
95
[Quotations by II. L. Grant, Broker, 145 Broadway.]
too
Bl’ekerSt.A Fult.F.—Stk
1st mort
1,000
Br’dway A 7th A v.—xt'k.!
1st mort
;
Brooklyn City—Stock
1st mort
Br’dway (Bkln.)—Stock.
Bklyn. Crosstown—Stock
1st mort. bonds
Bushw’kAv. (Bk 1 n)—Si 'k
100 !
1,000
100
100
1,000
Christ’ph’rAlOth St—Stk
100
1,000
200,000 A. A (>.
:
400.000 J A- .1
500.000 Q.-F.
1.800,000 Q.-J.
1,200.000 J. A 1).
650.000 F. * A.
250.000 A. A O.
.200,000 Q.— F.
.
.
100
DryDk.E.B.A Bat’y— Stk
1st mort., consol
OOO.OOOi.T. it D.
500Ac.
100 1,000,000! Q.-J.
Eighth Av.—Stock
1st mort
42d A Gr cd St.F’ry—Stk
1st mort
Central Crosstown—Stk.
1st mort
Houst.W.St.AP. F’y-Stk
1st mort
Second Av.—Stock
3d mort
Consol
Sixth Av.—Stock
1st InOI‘1
Third Av.—Stock
!
1st mort
i
Twem y-11 iird S t.—S tuck.
1 st mort
1.000
100
100
1.000
100
’84
1,000
100
1,000
100
1,000
100
1.001)
7
2
2
7
2
Jau.,
250.000
500,000 J. A' J.
4
7
8
25
112 Hi
|I53
''221
110
15
112
170
144
1 20
120
! 1 !6
'275
’88 260
April, '08 1 12
Jam,
*84 115
Nov. ,1022 110
05
’04 110
’Hi 280
[April, ’85Q08
iNov.,
'88 107
iSt'pt., ’88 .106
! iilly, ’00110
■
Nov.,
; J am,
i Anir.,
t May,
’881'275
’001110
’88'] 68
’08110
70 Hi
17o H>
112
160
!
166 Hi
58
■
j
;
14 V
Pennsvlv.—Gem, 6s, reg.; 12 I -'q
:! Gen 6s, cp., 1010
; 120*4
71!'V
(’011s
6s; reir., ' 005
1(6'
11!)
< '011s.. 6s. coup., 15*05...
!
.06
(’ons
5 s, l eg.,, i 910
......
121
Pa, A N. V. C —7s, 1806.
167
125
|
7.1006
Perkiomen— 1 st, 6s,cp.’87
,102
105* -4 1 1(1
I’liil AErie—2d.7s,cp ,'88
16
10:*
10:* Ha
Cons
6s, 1020
[
loon
Cons.. 5s, 1020
j 104 3, 104
,
l •'
: 00
24
!
...
....
\ 6
78
i
.
Ogdensb. A J.. Champlain!
125
i 1 i 2
liVti"
ibs”
!
-
14
45"
-
i:>
■
i
1st,
1034
28
..
..
”i
12
Huntingdon A Broad Top
j
!
l
!
...
25*2)......
Prefer! ed
60 Y
Lehigh Valley
60 k>
50*4[ .51
Norfolk A West’11—Com.j
Preferred
i
Northern Central
Northern Pacific
i
Preferred
!
North Pennsylvania
[
:..
Pennsylvania
-6s,
58
26
j.
Hi!
55 h
!
5 8 H<
*
Philii. (ter. A Norristown!
l’hila. Newtown A N,V..|
Pliila. A Reading
j
Pliila. A Trenton
|
Pliila. Wilm. A Balt
Pittsb.CimA St. L.—Com.
United N. J. Companies..
West Chester—Cons. pref.
j-
()!)'!
....
11,
ntUiT. o'
120
112
ioj
-
—-
|
107
68
.(108
116 'a
124 Ha
cp.,
01
106 k 107*4
10U
05
1010..
sclmylk. Nav.—1st,Os,rg.
BALTIMORE.
Charlotte
-j j1 Baltimore A Ohio
1st pref
Par
j j Atlanta A
’.'()•>
2d
5
68
Parkersburg Br
I
pref
100,
;
j
50 j
50i
] C’eutral Ohio -Com
58 J4
’ittstuug A Connellsville)
19
iUWestern Maryland
50
71 \ 72 Hj
1;15
100
126
120
0
52
’
lT’
15
j
Jj Atlanta A Chari.—1st—I 108*2
*1
RAILROAD
BONDS,
|
J 11c
Balt. A (lliio—6s,,’85 A. AO;
Ohio.—6s, 1st,M.AS.
Chari. Col. A Aug.—1st..j
Ceil.
j
il
j.
!
2d
(Jim Wash. A
!
".u
SI
CA NAL STOCKS,
45
<
i 05 »a
RONDS.
jjPennsvlv.—Oh,
i
'
Jersey
Jersey A Atlantic..
•> 2
45*
"l 6:
Balt.—lsts.l
8ds
[ColumbiaA Grecnv.—1 sts
2ds
!j
6s.
BONDS,
Allegh. Val.—7 8-10s, ’06
.
100
85
84
104
Ill)
104
,
1110 *2
j
97*J
101
71 8.
36 :V
,
1
(* i 'M
11 7 8
OOUj
73*41 74
i
15*1*0, A. AO
! 117Hi I
Hi-.!
gold. 1000. J .A J ....1 100
101
series A
j
08
07
Series- B
...:
! i N o.Ceii t ral—0s'. ’ 8 5, J. A J.
6s,
121 *2
5s,
5s.
7s, K. ext., 1010
i
32
85
IMttsb.ACouClls.-7sJ AJ
Inc. 7s. end., coup., '0 1
! Union R1L- 1 st. gua.J AJ
Belvid’e Del.—1st,0s, 1002
!; 1 'anion endorsed
2d. 6s, 1885
'
i
'Virginia A Team—6s
*
3d. Os. 1887
i 108 Hi
Bell’s Gap—1st, 7s, 1808.
11 8s
i
j
; W.Md.—6s, 1st, g.. J. AJ.
1 St. t's, i-00;
i
!l
Consol.. *>s, 1018..
'
2d, guar., J. A J.
I
j
Buff. N.Y A l'liil.—1st,6s;
2d, guar, by W.(.'o.,.I.AJ.|
j
::!!
6s, 3d, guar.. J. A J
2d. 7s. TOO*
I
.i'Wilru. <; A A ig. -6 s. .....!
Cons. 6s, 1 O H
1
'V*.
1 MOO
''Wil.A Wemon— Gold. 7s i
RAILROAD
....
Greenw’d Tr., 7s, reg...
Morris- Boat
MorrisBoat Loan rg.,’8.>
rg.,’85
29:v ‘lit* Hi1
105
j (>0
1001
RAIL It’D STOCKS.
•
—
107
80
5*5
Nav.— 6s.rcg.,'S4
Mort. HR., leg., 185)7 ..
('011s., 7s, l eg., 15)11 ....
68
*
!....
....
2d, Os, reg., 1007
Preferred
Little Schuylkill
Miliehill A Sell. Haven...
93
27
Cites. A Del.—1st,6s,1886
[
40
.
coup.
CANAL
80 H?
I
126
i Lehigh
88
80
100
.....
!
‘j
l
1
y 5*1 Ha
.....
,6s,C.
Ceil.. 7s. roup..
26
'
......
7s,'18515)
jj- 6s, P. 11., 1806
40
25
57
5i
,
101*5!....
(‘oils. 6s, 100!)
AV.J ersevAA11.—1 si
Western Penn.
‘>5fJ4
i 107
100
100
118
107
\ t>
Gen., Is,
old, 1923 —
Warren A' F.—1st, 7s, ’06
West ('hester—Cons. 7s..
W. Jersev—1st, 6s, cp.,'96
Bell’s cap
Buffalo N'.V. A Phil
Preferred
Camden A Atlantic
Preferred
Catawissa—
1 st. preferred
2d preferred
Delaware,A Bound Brook
East Pennsylvania
Elmira A Williamsport
Preferred
,12014
1....
(4s, gold, 1901
Cons. 6s, gold, 15)OS
Allegheny Valley
.
Phil.Wil.A Balt.—4s.tr.ci
Pit ts.Cin.A st.Ij.—7s, reii
Pitts. Titus. A B.—7s,c]>.
^hamokinV. A Potts.—7s
-lien. Val’.—1st, 7s, 1905*
Geu’l 6s 15*21
111 omc, 6s, 15**23
92
Income, 5s, 15)14
—
-
!‘l
78
05
80
-miburv A Krie— 1st, 7s.
suiii). Haz. A W.— 1st, os
2d 6s, 15*38
xyr.i Jen.A (’orn —1 st. 7s.
Union A Titusv.—1st, 7s.
United N. J.—Cons.6s,’94
PHILADELPHIA.
Schuylkill Nav.. pref...
U17
--
Conv.Adj. Scrip, ‘85 88
I)e!ient tire coup., i85*81
Scrip, 1882
('011 v., 7s, R. ('., 185*8
Conv. 7s. cp.off, Jail.,’85
.8..
150 H
Old ('olony
•
Port laud Saco A I'ortsm.j
Rutland—Preferred
!
Revere Reach A Lynn ...
Tol. < 'inn. A St. Loiiis
Verm't A Massachusetts
Worcester A Nashua
Wisconsin (’emral
Preferred
Lehigh Navigation
...
Hi'127"
1*0
....
25*
Mail), lloii.uhl’nA Ontum
West
West
...
,
bbbhVb"
H*4
1
'!l5*:,1 100
'
Philadelphia A Frio
,
1’liila. Newt. A N.Y.— Is’
Phil. A R.—1st,6s, 1010..'
2d, 7s, coup., 1808
[ ns
('otis., 7s, leg., 1011
Cons., 7s, coup., 1011 .. j 126
Cons.. 6s, g., LU.C.10I 1
Imp., 6s, g., coup., 185)7
{*:*•'
(Jem, 6s, g.. coup., 1008
Gem, 7s, coup., 1008.
| 106
5’8 ;
Income, 7s,coup., 1806
75*
Cons. 5s, 1st ser.,e., 15*22
71*
Cons. 5s, 2d ser..c., 15183
’•2Q ‘*88
Marquette.!
Nesquehoning Valley
107
j,Oil Creek—1st, 6s, coup..!
.
1 00
Fort Scott A Cult'-l’ivf.
(‘ommon
Iowa Falls A Sioux Cit.vJ
Kan. C. Spring!'. A Me n.
I.it tle Rock A Ft. s-mii h.
Louisiana A Mo. River..
Preferred
Maine Central
Manchester A Lawrence.
;i 17
Nov.,
A J.
on
’84 142
j 85
“Hi!
i
STOCKS.
101
122
1:6
i bo
122
111)
.
11 r."
281 a.112 *
iJVS
'll
stocks, but date of maturity of bondst
’
-
EA-uiviiiend.
r0
1
.
120 :
128
!
Gen 7s. 15)03
Debent lire 6s, re'ar
Norfolk A West.—Gem.Os 101 Hi HU
N. H. Div., 1st, 6s. 1082!
95*>* 101
05. [Oil City A ('hie.— 1st, 6s..j
;•
-
1
Pennsylvania
150,000 A. A O.
1,050,000 M. AN.
*250 000 M ,A v.
’88
1 10
1808
Nov., ’88 265
Jane, ’08 1 14
Jam,
’84 800
July,
(Jail.,
750.000 M AN.
500.000 .1. A J.
2.000,000 (J F.
2,000.000 J. A J.
600.000 >•'. A A.
215
106
210
Dec., 1002 116
Hi Aug., ’68 115
7
[
102*2 105 Hi
140
i
105
1888
’88 160
Nov.
[Oct..
250,000 M..AN.
500
100
1.000
4
748.000; M..A N.
286.000! A. A Q.
600.000 J. A J.
1,000
*This column shows last dividend
28
jJnlv,1900 112
Jan.,
’84 151
Jan.,
7
2
7
100 2,100,IKK) Q.-J.
1,000 il,500,000 I. A J).
[June, ’84
10 2,000,000 Q.-F.
8Hi Nov.. ’88
It 01
1,000
800,000 J. * .1. 5 I
100 :
850.000 Q.-F. 8*2 Nov., ’88
Cent.Pk.N.A E. Riv.—Stk
Consol, mort. bonds
Bonds
I_
000,000 J. A J.
700,000 J. A J.
|
f
*
...
2d, Os, 1900
; Loll. V.—1st,6s,(’. A It.,’5)8 118Hi 120 Hi
1
132 Hi'
2d, 7s, reg., 1910
Cons. 6s, U.A R., 1923..)
32 3*5
o9H> N. O. l’ac.—1st, 6s, !920.|
| 85
No. Penn.—1st,-6s, cp.,’85 101 >2
—
122
RAILROAD
90
1
5H)
..j
Ask.
99
5*9
—
6s.j
-
V
Railroad Stocks and Bonds.
[Gas Quotations by geo. II. Purntiss A Co.. Brokers, 11 Wall Street.]
City
Cons. 5s, 1895
tbacaAAtli.—1st, irld.,7s
.
....
|
98
115
89 Hi!
Junction—1st, 6s, 1882...
:
i
Preferred
145"
Nashua A Lowell
16 '■>
N. V. A New England ...,
Northern of N. ilampsh. 112
Norwich A Worcester
:
-
Flint A Pore
Preferred
.
I
.
.
Eastern, Mass
Eastern, New ll:impsh..|
120
Fitchburg
115
150
80
j
j
Hi:
116
Chic. A West Michigan..
Cinm Sandusky A elcvo.;
Concord
Connecticut River
Conn. A Rassumpsio
1
('onnotton Valiev
T)et. Lansing A No., prof.
1 135
j 108
185
115
! i 60
5i*4
O
114
ifeWmsp’t-l 8t,0*sf 1910
perpetual
Harrlsb’g— 1st, (5s, 1883..
II AB.T —lsi, 7s, g., 1890
y.y.v.l
Cheshire, preferred
1 100
i 155
; 95
125
103
175
110
150
108
140
5?
Rutland—6s, 1st
Sonora—7s
T. Cinm A St. L— 1st,
Income
STOCKS.
Atchison A Topeka
Boston A Albany
Boston A Lowell
Boston A Maine
Boston A Providence
75
107
! 108
! 135
|
89
89“
Old Colony—7s
i
6s.
Pueblo A Ark. Val.—7s..'
120
El
88
i
1 neome
i20()
15)5
85
105
65
100
90
125
60
Pae.—7s,
126
105 Hi
—
:
89
98 Hi
Oregon Short Line—6s...'
Ogdensb. A L.Cli.—Con 6sj
70
70
.
•
N. Mexico A So.
jCor.CowanA
Ant.,dob. 6s,
1
1
7s
115
‘Connect’ir 6s, cp., 15)00-04
os,
1 14
106
123
[ChartTs V.—1st, 7s, 1901
;
iVba'
new..
118
e.
>ehiware- 6s, rg.A cp ,V.
1st, 7s
.j Del A Bound Br
East Penn.—1 st, 7s, 1888
East on A Atub’y—5s, 1920
:
...
|115
; 140
Catawissa—1st, 7s, con.
Chat. M., 10s, 1888
1 New 7s, reir. A coup
1
—
•
Cons., 6 p. c
Cam. A Burl. Co.-Os. ’97.
|
!.
Fort Scott A Gulf—7s
K. City Lawr. A So.—6s..
K. City St. Jo. A C. B.—7s
K. Citv Sp’d A Mem. — 6s
Little R. A Ft. S.—7s, 1st
Mexican Central—7s
N. Y. A N. England--6s..
140
1
-
EastT11, Mass.—6s,
ill 5
205
|
-
C’onn. A Passumpsic—7s.
Connottou Valley—6s
5s
;
109
13 5
110
Mort., 6s, 1889
Cam. A At 1.—1st,7s,g.,’93
2d, 6s, 15)04
.
104*4
83*4
A Sit.
Buff.Pitts.A W.—Gen.,6s
Cam. A Amboy—6s, c.,’89
[
Nebraska, 6s.Non-ox’pt
Nebraska, 4s
Bid.
SECURITIES.
1
255
253
80
100
125
87
80
135
,
Ask.
1
120
90
1
—
Gas and
-
...
155
113
158
175
170
150
125
150
108
150
170
155
140
120
110
60
245
245
75
90
110
83
70
109
195
130
110
250
! 60
110
|
j
_
25
50
Rutaer's
Si andard
Star
180
108
j
50
100*
Republic
1
100
Republic
St. Nicholas’*
i 100
Seventh Ward
100
Second
’ 100
Shoo A Leather
100
State of New York*] 100
Third
' 100
Tradesmen’s
! 40
Union
50
United States
I 100
Wall Street
50
West Side'
.1 100
—
Bid.
.
Bid.
!
1
BOSTON.
Atch. A Topeka—1st, 7s. 121 Hi 122
j
1
Land grant, 7s
|
Atlantic A Pacific—9s
93
Income
I ‘21 1 21*yj
Boston A Maine—7s
j
Boston A Albanjr—7s
6s
;
!
1
Boston A Lowell—7s
6s
Boston A Providence—7h
i
Burl. A Mo.—Ial. gr., 7s.
1
Nebraska, 6s. Exempt 113 1..-
'
.j
1
•
SECURITIES.
PRICE.
Ask.
57
1 Per share.
i
u
default.
107 Hi 112
117
1
i Ex-rights.
58
THE CHRONICLE.
|h
Latest.
Road 8.
Week
or
Earnings Reported.
Mo
Chicago A Altoi: list \vk Jan
Chic. Mil.ASt. P. ; 1st \vk Jan
Cbic. A Northw.
11st wk
Ch.St.P.Min.AO. list vvk
Jan
Jan
Denv.A Hio Gr.il 11st wk Jan'
Long Island.... i 1st wk Jan
Louisv.A Nashv. i 1 sc wk Jan
Northern Pacific list wk Jani
St.L.&San Fran. 1st wk Jan!
Bt. P. Minn.A M. '1st wk .Ian|
Latest
Roads.
EAILMNUS.
1884
j
147.959
314,000
275,500;
58,200!
101,8001
34,433
210,0001
j Jan.
1883.
$
15' >,683
3 42.5)00
313.100
75.600
96,40.1
36,107
143.60 )j
58,200
116,200
55,377
97,500!
120,184
1 to Latest Dale.
iss-*-
1883.
$
S
Average amount of—
Banis.
147,959
150,683
314.000
275.500
58 200
10I.8U0
342.900
75,600
96,400
36,107
211.940
116.260
55,377
120,181
1883.
1882.
18S3.
1882.
$
$
$
$
.
3d wk Dec.
3d wk Dec.
4th wkDec
Wk Dec. 2!)
Gr.Bay W.ASt.P. 4th wkDec
Gulf Col ASan.Fe 2 wks Dec.
Hannibal A St..L 1 st wk Nov
Hous.E.AW.Tox October...
IllinoisCen.(III.) 4th wkDec
Do
Do
(Iowa) 4th
So. Div
wkDe.ej
vtii wkDec
Ind.Bloom.A W. 4th wkDec
K.C.Ft.S. A Gull 3d wk Dee.
Kentueky Cent. 3 wks Dee.
K. C. Law. A So. November.
12,103
14,560,
5,200
302,625
10,599
101,510
19,842
37,420
113,300
32,900!
88,000
51,666
37,121
41,652
11,368]
14.280
63,681;
2 4.097
266,332
111,761] 6,712.189
6,959.781
32.930'
149,014 j 4,359,993
47,062] 2,927,533
36,07 8 j 1,928,358
1,208,13
La* A Mo. River. October...
03,30o
83.591!
44,728i
56, '.00
61,00 j
91,0-0,
Mexican Cent.. 2d wkDec.
Do
No.J)i\ 3d wk Dee.
Mex.Nat.,No.I>V itli wkDec
Southern Div§ 4th wkDec
Mil.L.Sh.A Wesi itli wkDec
Minn. A St. Louis November.
Missouri Pac. a Itli wkDec
Mo.Kan.AT. b 1th wkDec
Tex. A Pacific. It li wkDec
Central Br’cb. 4th wkDec
Whole System
Mobile A Ohio..
Nash.Ch.ASt.L
N.Y.L.E.AW-. H
N. Y.AN. Eugl’n
N. Y.
nil wkDec
December.
November.
Shenandoah V December.
Northern Cent.. November.
Ogdensb.AL.Ch. October
...
Ohio Central
4th wkDec
Ohio Southern.. 4th wkDec
..
41,002
.
11,598
1,585,109
555,761
539.129
301,488
261,772
557,600
809,851
439,900
1,174,53 )
1,249,89!)
1,059,525
21,655
176.053
435,472
287.711
188,255
43,225
954,663
290.029
205,660
November.
November.
December.
Pacific
Republic
Chatham
People’s
North America.
Hanover
700.000
3.531.400
,000,000
500.000
3,000.000
000,000
500,000
500,000
500,000
500,000
9.355.100
!
...
Citizens’
Nassau
Market
St. Nicholas
Shoe A Leather.
Corn Exchange.
Continental
929,830
2,796,546
46.930
853.919
5,678,979
66,700
18,510
8,689
74,UOO
Am’e’ii.. j
Legal
3.738.700
9,893,000
1,321,700!
13,252.400]
200.000
500.000
300.00U
200,000
150,000
3.285.500
4.338.200
1.908.400
3.745.100
10,385.800
3.194.800
10,112.000
3.287.800
2.894.700
2.219.500
202.566
386,600
1.440,000
267.100
443.100
298,100;
2: 8,000'
2.071.300
450.666
3.818.500 j
4,600
7.228,600]
450,000
4,720,0*!0|
269.666
21,953.900) 1,302.200
223,200
300,000
297,000
45,000
580.300
419,900
6.381.700!
11.853,200!
5,835,900
>2.200!
1,152,301*!
1,979.100:
2.343,10U!
207,666
107.900 j
001,900!
97.700
310.000!
2.2-9,400!
5,051,500'
4.5,666
597,9001
225,000
180,000
2,352.900]
227.300
199,500!
2,320,0 0
2.329.700!
5,149.0(10:
113.■00j
2.735,000)
444.700
44.900
I,0l4,7.)u
178,000
135,000
142.100
135,300;
00,600'
45,000
1.3.0,900
1,014.000
10.4**7.500
8,423,000
3,646,000
18I,ri00
2;
299 30u
\?,[il,355,000'02,877,00*)
45,000
5,400
2,617,600
290,000
471,90 1
701.300
712,30!)
13,900
1,0-8.300'
180,000
3,000.000!
,159,000
857,700
895,000
200,400
2,7.29,900'
290,0u0
223,000
2-8,200
152,000
133.100
S 0.4011
3.934.200 i
559.700
2.192.200 j
1,913,200)
77.000
1,951,700 i
97,1(0
4,9*10,400 j 1.0; 2,500'
529.700
2,258.901);
82:t. 1001
05,500
10(1000
0,991,100
302.200
276.400
145.400
1,141,500
981,000
2,538.9()0
'
5.745.800
714,100
87,822,500,329.950,200 14,700,700
•
ten ters
Inc.
$3,"19,300
Inc.
2.400,900
Dir.
1,343,109
are as follows:
Inc. $9,157,200
........Dec.
750,100
Net deposits
Circulation
The following are the totals for several weeks past
Specie.
*
00.694.7 0
L. Tenders.
*
29....327,5)5,700
60,168,100
20,639.500
20,179,100
1881.
.Jan. 5....331,355.000
62,877.000
27.822,500
Boston Jtanks.-
-Following
Lbans.
1883.
Dec. 24..,
31...
1884.
Jan.
7..
are
17,251,000
Deposits.
Circulation.
*
*
a
gg.Clear
321.757.800
320,793,000
15,424,300
790.482.590
15.450,800
*524,793,739
329,950,200
14,706,700
735,843.010
the totals of the Boston banks
L. Tenders.
Specie.
•
Deposits.* Circulation. Ago.Clear.
*
*
!
“
140,874,100
6.401,700
6,527,200
5,797,100
6.082,700
146,316.300
0,939,100
5,698,500 100,147,300
95,99 '.,900
98.436,600
25.585,800
07.799.743
25.52-3.200
52.744.870
25.728,400
75.774.547
Philadelphia Banks.—The totals of the Philadelphia banks
are as
655,915
2,398,910
459,937
5,310,172
follows:
Loans.
*
1883.
Dec. 24
“
31
1884.
.Tan. 7
9.135
4L5,113
385,865
956,053
340,058! 3,792.758 3,076.552
280,650; 5,567,321 5.014,915
4,373,825 47,212.734 44,922,657
14,1461
720.882
760.529
369,5831 3,851,535 3.675,901
*
...I....!
Jersey,
Lawful Money.
20,747,5*55
71,182,425
20,39 4.(599
71,337,530
77.302,125
21,791,752
73.513,227
Am. Bank Note Co.
Atl. A Pac.—6s, 1st
..
Bid. Asked.
30
03
100
25
ki
67
.
2d, gtd by Ceil. Pao
Chic. A Can. South
lstmort
Cluea. A Gr'd Trunk
lstmort
84
50
10
.
150
whisson T.AC. stubs
'
Ga. Pac. stock
5
1st mort, 6 p. c
81^2
Ind. Dec. A Spring!
I
6
51
170
81%
7 Lj
L.A N.col.trust bds ’82
Lehigh A Wilkesb. Co
Mexican. Nat
1st mort
24
2%
24^
0.286,-/48
40,944,250
9.291,507
01,107,814
26
are
quotations for unlisted
Bid. Asked.
Mich. A O. 1st mort/
Missouri Pac., old st’k
Cowdry Certfs
lstmort. inc
Den.A R.G.R’y—Cons.
5s
Denver A Rio. G. West
lstmort
Edison Elec. Light
Ft.Wo’h Den. City, del.
*
59.960.968
9.240,314
N.Y. Mut, U. Tel. st’k
N. Y. L. A W. 2d. 5 p. c.
p’f stk
California Pacific
lstmort.
AgnClear.
*
other banks.”
to
Blocks 35 per cent
Aceum’d I'd gr’t hds
Am. Railw’y Imp.CoEx bonds and stock
Bost.H.A E.—New st’k
Old
%
Bos. Hoos.TA West st’k
5
Debenture
61
Ceil, of N. Jersey deb. 34
Cin.Wash.ABal.
Circ ulation.
*
Securities.—Following
Keely Motor
-
Deposits.*
77.293.233
76.814,053
Including the item “ due
Unlisted
securities.
i Mexican
Includedcurrency.
above.
in Central Pacific
earningsUtah
|| Includes
lines in
-
?
45,000
2,000
530,000
14,300
1,208,000]
195.100
1,847.100!
SOO.oilO
01.312.700
111.200
14.000
3,2 49.0001
516.000
5." 15,700 1.769,400
13,9 13.300' 3,571,200
5.921,100
015,500
1,451.000
119,200
1.002,800
200,800
20*000
8pecie
1,952,181
1881.
a Includes St. Louis Iron Mountain A Southern in both
years
6 Includes International A Great Northern in both
years.
e Embracing lines in Mo. Ark. aud Texas.
7,905.0001
227.700
2,050.100 22,543 700
117,700! 1.458.900;
15,395,100! 3,1* 9,0u0
200.000
75 1.000
Loans and discounts
1,047.512 37,293.5881,32,731,517
306.723
2,264,900 2,185,167
2,118,894
1,029,2001
1,473,0001
1,148 200
300,0001
25".O00
County.]
3,409,900
281.700
758,000
2,087,700
l,058,:i 00
967.000
983,000
2.194.100
1,242,000
729,0m):
4,353,800: 1,305,700
18.074.00
500.000]
13.250.200
2,8.02,300
89.500
518,000]
792,l66
1.383.200
808,000
,
1,100
263,400
2.142.400
339.800
720.000
470.200
101.000
1.000.0; IC
7,97-1.600
3.153,000
10.973.200
719.400
145.300
381.400
344,000
170,000
IK",200
465.200;
287,400]
855,b66
3.593,8.00
459,2()0l
4.9u3.3004
502.400
0,05K,9i)o! 1,992,500
1,000,000
7,957,000
204.500
644,800]
$
450,000
7,00r).:-.00
0,514,000
162.300
334.100
100.700
11,395.000] 2,035,000;
2.8'-‘0.8001
2.903,1 00!
$r
8,312.000
127.700
108,000
367.200'
2.723.400
2,453.809
2.732.800
tion*
than U. S.
$
0)4.000
559,000
09 1,900
1 60.000
273.200
534.200
24v«,500
710.000
78,300
100.300
837.700
413,000
200,000
304,000!
2,104.9001
3.291.800]
1,000,000
Oriental
300.000
Marine
400,000
Importers’ A Tr. 1.500.000
Park
..] 2.000,000
Wail fit
500.000
!
North River. ...]
210.000
3ast River.... ..j
250.000
Fourth Nat’na!.,' 3,200.000
1 2.000.000
Centra! Nat.,
300.000
Second Nation’ll
Ninth National.
750.000
Total.....
Peo. Dec. AEv.. 4th wkDec
18,961
Philadelp.AErie November. 376,662
Phila. A Read.* November. 13,654,916 2,256.749
23,002,556|20,039,227
Do C. A Iron November. ! 1,756,585
1,657.792115,969,030 14,029,256
Hiohm.A Danv. December.
331.500
322,400! 3,842,012 3,663,384
Ch’ICol.AAug. November.
82,021
88,528j
677,706
750,443
Columb. A Gr. October...
86.247
HS.SOtb
602,192
592,507
Va. Midland.. November.
147,046
136,826 1,560,312 1,381,352
West No. Car. Decern tier.
33,232
23,076)
381,495
246,923
Roch. A Pittsb’g 4tli wkDec
24,220
8,561;
Rome Wat. A Og November.
153.175
155,300!
Bt. L.Alt. A T.H. 4th wkDec
35,304
38.217 1,453,240 1,456.031
Do
(brehs.) 4th wkDec
24.800]
22,9631
826,033
875,460
Bt. Louie A Cairo 3d wk Dec.
5,6771
9,418
3S1.617
372,719
Bt. L. Ft. S. A W. December. i
38,913i
Bt. Paul A Dul.. 4th wkDec |
28.576 1.325.015 1,109,841
Bo. Pac.Cal. N.I) September
127,374'
138,168
960,317
927,418
1
Do So. Div. 1 September
338.517! 347,562j 3.114.114 2,943.006
Do Arizona J. September
204.4 23!
230.690: 1.887,647 2,145.386
Do N. Mexl. September
70.501
68,810
557.588
602,'479
Booth Carolina. November.
124,820] 151,681 1,199,100 1,164,736
Tex.A St.Louis.c 4tli wkDec i
20,4551
Union Pacific... November. ,2.731.723:2;711.917 27.343,420 27.804.921
Utah Central... November
107,267 j
136.204 1,081,267 1,391,418
Vicksb’rgA Mer. November.
58,461!
59.647
463,167]
414.505
Wab.St.L.A P... -I rii wkDec
427,903
397,361 16,908,465 16,738.357
West Jersey
November.
SI,033!
78.090] 1,152,188] 1.046,183
Wisconsin Cent. November. ! 137,542]
! 1,332,780'
Mercantile
“
♦Since .Tune 1st in 1883 includes earnings of Cent. RR. of New
» i I
Seventh Ward..
State of N. Y...
American Kxch.
Commerce
Broadway
Irving
Metropolitan
*
9,200.000' 1,5*4,000
Circula¬
other
Tenders.
The deviations from returns of previous week
!
;
.
.j
22*3111
t
...
Loans.
1883
*
Dec. 22... .32-0)72.100
71,322
193,928
427.500
November. 4,473.479
.
Chemical..
Merchants’ Ex..
Gallatin Nat
Butchers’A D1*..
Mechanics’ A Tr
Greenwich
Leather Man’f’s
1,543,705
86,782
216,523
62,863
536,094
114.174
38 4.247
.
Chase National.)
Fi (fir Avenue...
]
German Exeh.
Germania
!
U. 9. Nat
Lincoln Nat.;...
Gartleld Nat ....Fifrh National..]
]
526,685
City
M.York
-ieriu’n
22,009 1,023,473
869,853
167,745 1,501,801
1,401.101
483,116 17,107,442 15.676,828
335.127 11,653,994 10,138,463
196,513 7,005,111! 5,919,732
32,7<>G 1,522,041
996,496
202,668
Union
America.
Phoenix
Net dep'ts
Legal
Specie.
7,91/0.000' 2,01..000
2.000,000! 7,11 H.KOOj 1.391,400
7,310.000! 1.110,000
2,000.000'
1,200.000;- 4.339,000
742.900
з.000.000! 10.701,400! 1,202,800
1.000.000] 3,225.000
093,000
1.000,0001 7,102,8001 5.473.200
414.900
1,000,0001 3.230.700
371.100
r.o(),coo! 1 ,*'4.8,000
300,000; 13.393,000 3,1,;0,009
1.000.000:
3.201.700
340,700
1,000.000
4,090,700
542,300
300,000
1,043.0)0
422.100
157 ,000
908.000
200,one
1,004.000
200,000
20.4)0
2.930 100
hoo.ooo
230.500
300.000
1,185,900
216.400
800.000
3.908.800
477.900
и.OOO.OOUl 12.195.000 1,953 000
D.uOO.OOO 10,710.000 3,979.000.
1.000.000
7,222,100]
400.200
0,451,200 1.053.000
1.000.00U
422.700
2,973,000
556.200
4.350.100
1.500.000
409.100
450.000
3,878,500
803.100
200.000
1,544,‘.'00
107,3001
....
Tradesmen's
ana.|
discounts.!
2,Oaf),000
Bowery Nat’na) I
11,200
21.500
Manhattan Co..
Merchants......
Mechanics’.
First National..;
Third National.
N.Y. Nat. Exch.l
September 2,613,134 1,880,214 17,473,009 14,874,231
October...
365,877
304,592 3.101.744
2,865,354
Susq. A W. November.
Norfolk A West 28 dys Dec
Oregon A Cal...
Oregon Imp. Co.
Oregon R.AN.Co
Pennsylvania
2,015.352
1,915.532
3,843.536
2,639.016
1,656,436
29,2971
40,25)5
28,431
2,145,244!
1,954,238
215,452
21,942
65,357
November.
415,116
10,5471
412,241>
393,367
121,275' 2.030.3271 1,503,741
195.512
Memp. A Chart. 2d wk Dec.
515,181!
5,(>00j
L. Erie A WesL’n 3d wk Dec.
L. R. A Ft.Smith December.
L.Rk.M.Riv.AT No vein tier.
Mar.Hongh.A O
402,766
382.639 17.742,309! 16.899,42 1
40,3 >7t
152.835!
50,000
422,218!
Loans
*
2,000,000
New York..
Fulton
Jan. to 1 Latest Date.
10 7,3 29
Ala.Gt.Southern'November.
98.086
952,392
761,973
Atch.Ton. A 8. FejNovember. 1,340,762; 1,349,312 13,011.531 13,314,665
Bur.CeMLR. A No. ;4t h wkDec*
67,6141
77,75 L
2,846.771 2,800,682
Canad’n Pacific. 4th wkDec
92.0001
73,000 5.275,534 2.536,345
Central Iowa— jDecember.
118.237
102,229 1,307,103
1,165,158
Central Pacific. November. 2,100.000 2,139.259 22,871,323 23,612,409
73,405
Chesap. A Ohio. 3d wk Dec.
66.250! 3,837,028 3,269,299
Chic. Bur. A Q.. November. 2,562,773 2,199.421123,939,450 19,523.744
Chic. A East. Ill. 4th wkDec
33,434
28.600 1,657,578 1,785,183
Chic.AGr.Trunk Wk Dec.20
58.186
57,997 2,945,358 2,274,268
Ohio. A W.Mich. 4th wkDec
32,489
49,828 1,543,839 1,503,432
Cin.Ind.St.L.AC. 2d wk Dec.
45,754
46,295 2,405,116 2,478,129
Cincinnati South November.
237,4331 242,827 2.364,047 2,358.321
Cin. Wash.A Balt 4th wkDec
33,543
54,548 1,857,878 1,797,005
Olev. Akron A Col j l1 h wkDec
9,881;
12,547
523,862
505.967
Clev.Col.C.AInd November.
351,346
434,960 3,944,949 4,044,911
Connotton Val.. November.
32,855
21,590
21,109
20,510
Danbury A Nor. October...
184,577
174,582
Des Mo.A Ft. D. 3d wkDec.
6,991
7,752
334,258
340,044
Det. Lan. A No.. 4tli wkDec
31,703
3^,664 1,590,246 1,590,658
Dub. A Sioux C. 4th wkDec
17,149
17.705 1.084,036 1.093.S65
Eastern
3 wks Dec.
178,5*931 172,372 •3,542,249] 3,336,321
E.Tenn.Va.AGa. December.
34 L. 341
367,834
4,138,161! 3,351.356
Eliz. Lex. A B.S 3d wk Dec.
14.147
13,583
708,135
520,106
Evansv. A T. H. December.
59,976
59,982723,894
850,230
Flint A P. Man). 4th wkDec
58.L89
65,495! 2,543,31.51,2,1 02,952
Flor. Cent. A \V.
Flor. Tr. A Pen.
Ft.W. A Deliver.
Grand Trunk....
Capital.
313,100
34,433
210,000
143,600
58,200
97,500
241,940
Earnings Reported.
Wcckor Mo\
Newlorli
City ILinks.—The following statement shows the
condition of tbe Associated Basks of ISew York
City for the
week ending'at the .commencement of business on Jan. 5:
|
KAILKOA1)
[vol. xxxvin
guar, by D. L. A W.
N.Y. W.Sh.AButf.—Stk
del.wh.iss.on old sub
any subs
W.S. rec’pts iss. by N.
R. Const. Co
5s
North Pac. div. bonds.
No. Rlv.Const.—lOop.c
N. Y. Penn. A Ohio—
Atl. A Gt. W. com.
Ohio C.— Kiv. Div. 1st
Incomes
Pensac. A Atl
v.
lstmort
Pitts. A Western
lstmort...
Postal Tel. stock
1st m.>rt., 6 p. c
St. Jo. A West..-.j
St. Jo. A Pacific 1st
do
do
2d
Kans. A Neb., 2d
Tex a-; Pac old scrip
New
T. x. A St. L
M. A A. Div. as Pd.
M. A A. Div., 1st
U. S. Elec. Light
Vicksb’g A Meridian
.
68
10
11
9%
....
7958
16
80
17
30
31 *2
4^8
66
5X4
70
21
85
463
48^
5
49
....
....
32
90
3
130
'-■
JitflBIK—nWrT
January 12. 1884. |
THE CHRONICLE.
Iuucs t
cuts
m
188! -82.
Net earnings
Per cfiitof oper. expensesto
AND
RAII.SO A l>
59
i \ rr E E I. I Ci £ X i
E
.
IS
earnings
2.141,018
2.235,107
0 1-02
00-77
...
INCOME ACCOUNT
The Investors’ Supplement contains: a
complete exhibit of the
Funded Debt ofStates 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.,
April,
June, August, October and December, and isFebruary,
furnished with¬
19 51-82.
2 141.918
Net
earning*
Disbursements—
Rental* paid
Interest
1*32-83.
2,235,997
5?
272.227
debt.
Other interest
on
$
423.351
19 ’,485
38.882
out extra
charge to all regular subscribers of the Chronicle.
Single copies are sold at
per copy.
ANNUAL
Total
remarks that “ the
The
Equipment
either of miles
run or
of passengers and tons
Materials, fuel, Ac
as we were
not
Total
car¬
running the Air Line
source
Board
was
authorized, in
May last, to borrow on the credit of the company, two millions
have been already borrowed, and four,
per cent bonds for that
amount, with twenty years to run from June 1,
1883, and
secured by a mortgage on your main
iine, have been issued
therefore. These bonds were so disposed of as to
yield a pre¬
mium of $47,971.”
"
* * “A part of the two millions bor¬
rowed, to-wit, about five hundred and twelve thousand
dollars,
have been used to pay off a balance of the
indebtedness of this
company incurred by the purchase of the securities of the Hart¬
ford & Conn. Valley Railroad
Company. About $300,000 have
been applied in payment for new
passenger cars, new engines,
new bridges, &c
‘charged in this report to construction and
equipment. About $350,000 have been used in paying for addi¬
tional lands at Harlem River, New
Haven, Wallingford and else¬
where. About $00,000 have been
expended for additional rights
of way, &c., in carrying forward the
improvements of the road
suggested in the report of last year. The balance is still on hand,
to be expended in the further
prosecution of said
and is included in the Treasurer’s cash balance asimprovements,
reported for
the year.
These improvements have not progressed as
rapidly
anticipated, for the reason that the acquisition of the
necessary additional lands has been, unavoidably on our
part,
attended with a good deal of delay. It is
hoped,
however,
that
before the close of the year 1884 we shall
h^ve some additional
was
track laid and in service.
“
The item of damages paid
during the current year is larger
than usual, for the reason that this
company has
third of the damages growing out of the accident in paid onethe Tunnel
Eighty-eighth Street, New York City. The employes,
through whose omission of duty it is claimed this accident oc¬
curred, were, it is also claimed, joint employes of the three rail¬
roads using the tracks through the tunnel. We
assumed this
proportion of these damages provisionally, in order to expedite
near
the settlement of the claims,
that
we
may
part of it.”'
though
Comparative statistics for
form for the Chronicle,
lines :
are not without
Including leased
hope
some
EQUIPMENT.
Total operated
Passenger, mail and
Freight ears.
....
express ears
1881-82.
18S2-83.
141
02
141
110
203
105
257
*122
*375
2.417
310
cars.
Operations—
Passengers cariied
Passenger mileage
Freight (tons) moved
Freight (tons) mileage
Earnings—
Passenger
Freight
Mail, express, rent*, Ac
earnings.
Operating expenses
Taxes
Total
20,510,458
$
15.500,000
$
15,5, 0.000
2,004.000
2,000
504,323
514 702
592,917
Contingent account
189.01 9
Profit and loss
230.989
2,179.958
2,213,140
Total liabilities
18,970,050
20,516,458
GENERAL INVESTMENT NEWS.
Brooklyn Elevated (Brnff) Road.—A meeting
the bond¬
of
holders of the Brooklyn Elevated Riilwav was held
in the St.
Nicholas Hotel, at which Mr. Hugo Rothschild
presided. The
meeting was called to s*-e if the sum of $400,000 could not be
raised among the bondholders to build the
road from Fulton
ferry to Bedford Avenue. After much discussion over financial
plans presented, Mr. Uhlman moved that a committee of five be
appointed to report a scheme of reorganization at a meeting to
be called next.
Wednesday. The motion to appoint, the com¬
mittee was carried, and Mr.
Rothschild, Fred Uhlman, Leon
Mandel, Abram J.
appointed
as
Hardenbergh and Leonard Lewisohn
such committee,
Canadian Bauifie.—An official circular issued
dent, Mr. George Stephen, contains the following
“
by the Presi¬
:
During the year 1*83 the company built 0 *3 miles of
railway,
sisting of 553 miles of main line
were
ami 140 miles of hntncli lines.
western division 377 miles of rails have
been
to tin-summit of the
con¬
On the
laid, completing t lie track
Rocky Mountain Pass—900 miles west of Winnipeg—
of less til oi three hundred miles to cunpleie the connec¬
leaving a gap
tion with the Pacific Ocean, and there is
every reason to expect that
this connection will be conn leted witlitn
tin*, next two years. On the
opening of navigation next season the eomp mv will have its own stml
steamships, built tnis year on the Clyde expressly for the lake
traflic,
ready to run between Lake Huron ..and Thunder Bay on bake
Superior.
A new through line of its own will thus
l>eopened, carrying freight and
passengers from Montreal to till points in the
newly-opened country lor
a continuous distance of
1,400 miles west of Port Arthur. Outlie seclion of the line north of Lake
Superior 107 miles of track have been laid
during this year, and within the next few weeks 51 niiFs more
will be
added, making a total on that section of 221 miles,
leaving 430 miles yet
to be built in order to
complete the through all-tail connection between
Montreal and the Northwest provinces. There are at
the present time
over 9,000 men at work
upon tin's section, which it is fully expected will
be completed and ready for operation before the
close of the year 1885.
*
*
*
*
The surveys of the gap between the
completed portions
of the eastern and the western divisions
have been completed, as well
as the
surveys across the Rocky and Selkirk mountains.
The work has
in both eases been found much easier than
was anticipated, and the
directors feel now that they may safely state that the
entire line will bo
completed
within the original estimates of eo-t.
“
It nas been ascertained that the cost, of
finishing the line will not
exceed twenty-seven million dollars,
barely the amount of the cash sub.
sidy and land grant bonds unsold and remaining in the bands of the
The gross earnings for 1893
(estimating December) were...
This includes for the transportation of construction
materi¬
als and supplies
*
Tlte actual revenue from
ordinary traflic was therefore in
1883....
As against in 1882
Increase in 1833
“
The net
$839, nil.
$5,420,913
1.274,000
4.110,913
2,149,824
$1,097,089
earnings for the 9 months ending November 30th
have been
Considering the adverse circumstances under which this result has
been obtained, and in view of the
extraordinary oev«-b-pment and
rapid settlement of the Northwest during the past year and of the fact
on the opening of
navigation, the company-will have, as already
stated, a through line of its
that
1881-82.
0,397,385
135,201,407
1.903,322
117,459 231
$
3,393,514
.....
2,005,855
478,437
5,937,808
3,531,450
3,795.890
own from Montreal to the summit of
the
still greater increase in the earnings of the coming
year may fairly be looked for.”
Rocky Mountains,
OPERATIONS AND FISCAL RESULTS.
Total gross
983,210
l, lot,257
75,791
Government.
are
..’
at least
compiled in the nsual
as’follows, including all leased
Miles owned
Miles leased and controlled
Locomotive*
or
two years,
ROAD AND
*
we
yet be relieved from this payment,
128,088
328,301
572.883
970,308
18.970,050
Stock
Funded debt (see Supplement)
Bills payable
Accounts payable
,
as
000,2 i.}
128,088
35.-, 188
347.802
220.997
1,170.570
1,130.287
15,810
tons
“
your
2.4! 4,3/0
at
steel rails have been laid, and in some other
respects the
expenses have been extraordinary.
It is reasonably believed
that the coming year will show better results.”
*
*
Of the five million dollars
new
;
Liabilities—
The Air Line has not been, for the
past year, a
of profit to our company.
Considerable money has been
expended in getting it into good repair; several hundred
of
-
.
Miscellaneous items
This needs to be taken into account in
making these compari¬
sons with the
corresponding items in the report for the year
ending Sept. 30, 1882,
.-.
Loans, stock* and bills receivable
Sinking fund
ried, and why the proportionate increase in
expenses is materi¬
ally larger than it is in the gross receipts. The mileage and
gross receipts of the Air Line Division
(as well as of the"Shore
Line Division), for this year, are included in
the statement.
that time.
hand
12,987,359
2,454.455
Accounts receivable
on
•f
12,889,584
.'
Docks and wharves
Gash
1882-83.
•T
Railroad, buildings, Ac
percentage of increase in miles run is some¬
what greater than in passengers or tons carried.
This is owing
to the fact that we are
adding to the facilities afforded our
patrons faster than they are adding to our business. This fact
also explains why the gross
receipts are less in proportion than
the increase
FISCAL YEAR.
1881-82.
assets—
President
(>52.718
1,5*3,189
1,550,000
OENKKAI. BALANCE AT CLOSE OF
EACH
New York New Haven <fc Hartford Railroad.
(For the year ending Sept. 30, 1883.)
is just issued.
442 227
Balance, surplus.
Dividend charges
REPORTS.
The report of this company
2-83.
$
1882-83.
7,079.108
190,380,029
2,100,023
131,051/70S
$
3,749,473
2,501,023
478,278
0,729,374
4.197,207
290,200
4,493.407
a
Chicago Pekin & Southwestern.—A press dispatch from
Chicago, Ill., Jan. 5, said: “In the foreclosure case of the
Farmers’ Loan & Trust Company, against the
Chicago Pekin &
Southwestern Railroad, Judge Drummond to-day entered an
order directing the master in
chancery to make a deed of con¬
veyance
of the defendant road
to the
Chicago St. Louis & Western Railroad.
under the foreclosure of the second
to F. E.
Hinckley, for about
new
corporation, the
The road
was
sold
mortgage, two years ago,
$900,000 He never took out a
deed, and now, having assigned his interests to the above cor¬
poration. the deed is made to it direct.”
THE
60
Baltimore.—The following
this road for the fiscal year
endiDg June 30, 1883, has not previously been published. The
old company reported for six months, and the present company
Cincinnati Washington &
statement of the net earnings of
after January 1, 1883.
MARIETTA & CINCINNATI
Earning^ July 1
KR.—RECEIVER’S REPORT—SIX MONTHS.
1882
#1,101,110
to December 31,
Operating expenses
872,115
#220,003
118,v>87
Net earnings
Rents paid
Net income
WASHINGTON «fo HAI.T I MO RE.—SIX
Gross earnings ending June 30, 1883
Operating expenses
CINCINNATI
MONTHS.
#110,010
#019,837
.
[Vol. XXXVIII.
CHRONICLE
741,034
Reckoning the interest from
would be practically the same
other words, the company is
expected to pay its way in 1884 by the aid of the subsidy.
New Orleans & Pacific.—In the U. S. Senate, Jan. 10, the
following preamble and resolution was agreed to.
Whereas, It is claimed by the New Orleans & Pacific Railroad Com¬
pany that, inasmuch as the Attorney-General has decided in favor of
said company as to lands demanded by them, and the Secretary of tlio
Interior has felt constrained to act upon and accept said opinion, and
said company also claim that Congress has no further control or author¬
ity over said lands or The demands of said company ; therefore
Resolved, That the Secretary of the Interior be requested to suspend
action in issuing certifieai es or patents for said lands to said corpora¬
increased to $37,500,000 by July.
January, the total first charges
as
the net revenue above ; in
session shall determine the questions involved
corporation.
New York & New England.—A meeting of the directors
the New York & New England Railroad was held at
com¬
tion until Congress
in the claim of said
at this
the
of
#178.803 pany’s office in Boston on January 7, and twelve members were
31,473 present. Mr. C. P. Clark, receiver, presented his resignation as
#147,330 president, and Mr. Eustace C. Fitz was chosen in bis stead.
Net income
The following resolutions were unanimously adopted :
Total net income year ending June 30, 1883
$257,346 Resolved,
That in view of existing facts, it is the unanimous opinion
Danville Olney & Ohio River.—The subscribers to the Cor¬ of t lie board that immediate application be made to the legislatures of
the States of Massachusetts, Connecticut and Rhode Island for leave to
bin plan of reorganization for the Danville Olney & Ohio River issue the present unissued second mortgage bonds of the company for
Railroad Company met in Boston Jan. 9* and formally adopted other purpose
for which the company may legally incur a debt; and that
the plan presented.
cuable the said application to be made, and while the same is pending,
This plan provides for a foreclosure, sale
and purchase in the interest of the first mortgage bond and the purpose of paying the floating debt of the company, and for any
a re in progress for negotiating said bonds, it is desir¬
certificate holders. The new company will issue 75 per cent of and arrangements
able that the existing receivership be continued in force.
income bonds for the present mortgage bonds and 25 per cent
Resolved, That ill the opinion of this board it may be reasonably ex¬
in stock, and also stock at par for all accrued interest.
The pected that the proposed measures be taken and the credit of the cor¬
re-established and 1 lie receivership terminated within four
amount of income bonds will, therefore, be $651,750.
It is pro¬ poration
months from this date.
vided that the issue of stock shall not exceed $1,500,000. New
It
also voted that Messrs. Fitz, Higginson, Fiench, Met¬
first mortgage 30-year 6 percent bonds will be issued, not exceed¬
calf and Kingsbury be a committee of the board to present and
ing $500,000, for the purpose of paying off all existing claims and
urge the needful measures before tlie legislatures of the several
putting the road into good condition.
States.
-Eastern Shore 31(1.—The Pennsylvania Railroad Company
It
also voted that in the opinion of the board tlie welfare
has purchased the Eastern Shore Railroad at a price approx¬ of the property demanded the immediate completion of the.
imating $450,000. The Eastern Shore road runs from Delmar, double track to Wiliimantic, and measures to insure its comple¬
Del., to Crisfield, Md., a distance of 3S miles.
tion early in the spiing should be taken.
It
also the opinion of the board that the floating debt
Iron and Steel Production in 1SS3.—Secretary Swank of
the American Iron & Steel Association, estimates last year’s should be paid at once through the receivership, if the consent
production of pig-iron at 4,623,323 tons. The consumption of of the court can be obtained, and pending legislative consent
of the second mortgage bonds for the purpose.. It is
pig-iron has been about 4,948,323 tons. The year was com¬ to tlie
menced with 383.655 gross tons of domestic pig-iron unsold. said that arrangements are in progress which will result in tlie
There were imported during the year 325,000 gross tons, all of money being forthcoming.
1 he Boston Transerijtt gave the following item : “ The re¬
which has gone into consumption. Adding the estimated pro¬
duction of 4,623,323 gross tons to the estimated importation, port that the New York & New England Railroad Company is in¬
and taking no account of the balanced stock at the baginning debted to Messrs. Gould and Vanderbilt for money advanced, is
ind end of the year, the total, 4,948,323—the year’s consump¬ false. Neither of them carried a dollar of tlie company’s floating
tion—is found to be the result. The production of steel rails indebtedness. Mr. Gould bought his first stock in the New
York & New England Railroad at 65.
lie then had con¬
in 1883 has fallen oil’ below that of 1882. There were also made,
probably, 100,000 tons less iron rails than in 1882 The total trol of the Hartford & Harlem charter, had tlie money to
rail tonnage of 1882 was 1,507,887 gross tons, of which 203,495 build that line into New York all subscribed, and intended
tons were iron rails and 1,304,392 tons steel rails.
The total thereby to connect the New York & New England with his ele¬
rail production for 1883 has been probably 1,300,000 gross tons, vated railroad system in New York for terminal grounds.
of which 1,200,000 tons v\ ere steel rails. Our imports of steel Hard times forced the abandonment of the Hartford & Harlem
rails for 1883 have been about 100.000 gross tons, as against. subscriptions, and when N. Y. & N. E stock declined to 20, Mr.
200,000 tons in 1882. In round numbers our consumption of Gould sent Mr. Connor to Boston, and while Mr. Connor’s
rails in 1883 has been 300,00CTtons less than in 1852.
paper in Boston was attacking New York & New England, Con¬
was buying for Mr. Gould to average.
Upon the recent
Lehigh Valley .—Stockholders are notified that they will be boom to 37, Mr. Gould sold out entirely, and then resigned
entitled to subscribe for additional stock at par in the propor¬
fivm the directory.
When asked a few days ago to advance,
tion of one share for every live shares standing to their credit
with others, money for the purchase of the January coupons,
at the closing of the books on January 8, payable in live install¬
he declined, said the effort to raise any money for the company
ments of ten dollars each, the first payment to be made between
useless, and advised a receivership for tlie protection of thethe 16th day of January and the 15th day of February, 1884,
Meanwhile tlie Hartford & Harlem charter has
after which date no subscriptions will be received. The subse¬ property.
into the hands of the Boston parties now managing the
quent installments will be due and payable during the months New York & New England, and there are those who believe,
of April, July and October, 1884, and January, 1885, but
possibly without any reason, that it lias some relation to Mr.
they may be anticipated at any installment peiiod. The C ark’s coming from the New Haven road to the New York &
object of this increase of capital, which amounts in all to New England.
Some of the New York Elevated Railroad
$5,526,639, is to pay for important construction that has taken
people remain in the New York & New England directory, and
place, to complete other work that is in progress, and to pro¬ assisted in the raising of the $330,009 to buy the January
vide better terminal facilities in Buffalo, as well as to reimburse
the company for about $1,300,000 of consolidated mortgage coupons, It is now proposedto go to the legislatures and ask per¬
mission to use the second mortgage bonds to pay off the lloat¬
sterling bonds that have been paid off.
ing debt of the company. Consent from the present holders of
Memphis < ity Debt.—The Funding Board, which has been the second mortgage must also be obtained.”
engaged in the settlement of the debt of the old city of Mem¬
New York Stock Exchange.—The Governors of the Stock
phis, publish a report showing that of the estimated debt of
$5,500,000 they have funded $3,500,000, of which $350,000 were Exchange have added to the list of securities to be dealt in at
the Board the following :
judgments. The time for funding expires on January 31.
Gulf Colorado & Santa Fe Railroad.—An additional $384,Recently a number of the largest creditors came in under the
000 first mortgage bonds, issued upon thirty-two additional
provisions of the Funding Act, of whom two were plaintiffs in miles of completed
road.
test cases, which were appealed to the United States Supreme
New York West Shore & Buffalo Railway.—An additional
Court, and the funding by these parties dismisses tlieir suits
and forces otheis who do not fund prior to January 31 to seven $14,750,000 of first mortgage 5 per cent gold bonds due July 1,
1931.
This addition completes the full issue of $50,000,000 of
years’ litigation to reach the same position before the courts
abandoned by these parties. Two payments of interest on bonds, which are absolutely a first lien on the company’s main
the
bonds have already been made,_ and provision for line of roadway from Weehawken to Buffalo and its branches,
upon which upwards of $55,000,00.0 already has been expended.
future interest has been made by the State Legislature,
The line is double-tracked, except about 73 miles, on its whole
Mexican Central.-—The directors of the Mexican Central
main line. This company leases jointly with tlie'New York
Railroad Company have called the last 10 per cent upon the
Ontario & Western, the terminal property at Weekawken. upon
No. 4 subscription, payable January 15, at which time the first
which there is a lien of $12,000,000.
two bonds upon the No. 4 blocks will be delivered.'
At tlie
Chicago Milwaukee & St. Paul Railway.—An additional
time the bond premium promised subscribers will be
$1,300,pOO
of first mortgage 5 per cent bonds on'Wisconsin &
delivered.
The No. 4 subscription was for $7,600,000 in bonds
Minnesota division, at $20,000 p-r mile.
The Boston llcrald says : ‘‘Friends of the property figure the
St Paul Minneapolis &'Manitoba Raitway.—An additional
net earnings for 1883 on 861 miles of road at $1,000,000, and
’$1,402*000 of consolidated 6 per cent bonds’, due July 1, 1933.
place the subsidy for the year at $1,100,000. The estimated
Oregon &
Trans-Continental Company. — An* additional
net earnings on 1,215 miles in 1884 are $1,500,000, and the
$2,000,000 first mortgage trust bonds, due November 1,1922.
subsidy the same as this year, making the total net revenue The additional issue is secured by deposit with the Farmers’
$2,600,000, The bonds issued are $29,000,000, and
ill be
earnings
paid....
Net
Rents
to
was
was
was
use
—
nor
was
come
now
new
same
THE
12, 1854.]
January
CHRONICLE
Loan & Trust Company of bonds at the rate of $20,000 per
mile of the following railroad companies :
Jliles.
Notthem Pacific Fergus & Black Ilills
Little Falls A Dakoa UR. Co;...,
Jamestown <fe Nortlicru HR. Co
HR. Co.1
Fargo A Southwestern UR. Co
Jiucky .Mountain HR. Co. of .Montana
*.
Total additional mileage
2-1
$12,000
0*1
34*0
2,000
692,OeO
32*55
30*05
051,00)
100 09
$2,000,000
013,009
Texas & New Orleans Railroad—First mortgage 7 par cent
bonds, due August. 1, 1905, $1,620,000 ; first mortgage Si hi le
Division, 6 per cent bonds, die* September 1, 1912, $2,075,000; and when the rules relative to engraved certificates are
complied with the capital stock of $5,000,000 in shares of $100
each.
New York West Shore & Buffalo—North River Construc¬
tion Co.—The following directors of the North River Construc¬
tion Comnanv
elected at
the
annual
meeting January 8 :
Edward F. Winslow, Conrad N Jordan. Michael Pv Grace. Geo.
W. NeVers, Charlt-s Hard, Howard Mansfield, Walter Katte,
were
Charles Freeman Smith and Thomas W. Lillie.
The three lastnamed are new members of the board, taking the places of
William Anams, E. D. Adams and George S. Jones. Tli1 vote
at the
meeting
was
not
a
large
one,
but it
was
Add for estimates on Second Mortgage bonds,
to be issued, say six months, on..
Dividend Certificates. 1 year’s interest on
Rentals due N. P.
T rmiiiul Co., sav
12
month’s interest on $3,LOO,000.
Nor. Pae.
proportion,.40 per cent.
General interest Charges—Ledger Accounts..
favor of the new ticket.
The officers of the West Shore Railroad said to
At
Tribune
00,003
278,449
1,SCO,000
72.000
233.251
a
transportation, by which Portland, Oregon and San Francisco
were made common
points, this company receiving a proportion
of the San Francisco business in exchange for a proportion of the
Portland business.
This plan was more or less experimental, in
order to determine whafc share of the San Francisco business
this company could properly claim in the prospective pool.
The
plan not working satisfactorily, it was decided that a natural
territory would be more equitable to all concerned.”
—The Northern Pacific land sales for six months ending Dec.
division of
31
were as
follows.
A
Julv 1
to D«*c. 31, 1S83
“
‘*
“
errs.
Amount.
Town Lo/s. Total A'ml.
281.1 »)S
$1,207,326
$0 >,038
18S2.... 351.007
1,313.650
98,053
$1,273,961
1,111,703
$106,324
$31415
$137,739
Total decrease, 1883..
a
3.000,000
4,610,821
$3,f 82,341
former meeting of the Board of Directors you were
advised as to the arrangement entered into with the Trans-Conti¬
nental Association, which embraces ail lines engaged in overland
“
unanimous in
•
61
72,899
Ohio Central.—At Toledo, ()., Jan 7, in the United States
Circuit Court, Judge Welker-presiding, John E Martin was
repoiter that they had not yet arranged the conditions of a new
mortgage, which probably would soon be placed on the property. appointed receiver of the main line of the Ohio Central Rail¬
—Directors were elected by the shareholders of the N. Y.
road Company to Corning.
Mr. Martin was already receiver of
West Shore & Buffalo Railroad Company as follows: Horace
the River Division of the road from Corning to Charleston, Va.
Porter, Geo. M. Pullman, II Victor Newcomb, John J. Mc¬
Cook, Charles F. Woerisholfer, Frederick Billings, Edward D.
Oregon Railway & Navigation Company.—The directors
Adams, John W. Ellis, Theodore Houston, Henry K McHarg, of this company have voted to re luce the annual dividend for
Elmer L. Cortheli of New York, Peter B. McLennan of Syracuse, 1884 from 10 to 8 per c-mt.
The first quarterly, dividend of 2
John B. Iverr of Ne^vburg. The retiring members of the old per cent has been officially dec'ared, and will be paid February
board were Henry Villard, Charles Lanier, Charles Paine and’ 1. The books will close January 15 and reopen February 2.
The Oregon Railway & Navigation Company is about to issue 5
R. T. Wilson.
per cent mortgage bonds to the extent of $20,000 a mile on
Northern Pacific.—At the meeting of directors on Jan. 4
both finished and contemplated road.
The entire issue will
the resignation of Mr. Villard as president was accepted, but,
amount to about $14,280,000; the completed road being now
not his resignation as a director of the company; and a special
569 miles, and the proposed extensions 145 miles, making 714
committee was appointed, consisting of Messrs. Morgan, Billings,
miles.
The funds raised by the new loan will be applied as
Cheney, Belmont, Harris and Bullitt, to consider vvliat action follows : $6,000,0 0 of the
company’s first mortgage bonds
should be taken by the board on the retirement of Mr. Villard,
and $1,200,000 of its outstanding scrip will be taken up ;
and in relation to the selection of a successor.
the Baker City line, which connects the main line with the
The Finance Committee reported that the amount of money
Union Pacific junction, will be completed, and $3,000,000 of
still remaining from the proceeds of the $18,OHO,000 second
the Oregon & Trans-Continental Oompanv’s bonds issued on
mortgage bonds and other cash assets, specifically applicable the Palouse Branch will be replaced. When this shall have
to the liquidation of the indebtedness embraced in the circular
been done, the Palouse branch will become the property of the
to the preferred stockholders dated Oct. 17 last, amounts to
Railway & Navigation Company. The Oregon & Trans-Con¬
$5.171,991,.while the obligations against the same, together tinental
Company’s proposed collateral trust bond will thus be
with the balance of am *unt required for construction and
reduced from about $13,000,000 to $10,000,000.
equipment amounts to $4,015,834, showing a surplus of
Oregon & Trans-Continental.—The new management, to pro¬
$1,156,157. Iu addition to this the company has on baud in
vide for the settlement of the fl )ating debt of the company, has
cash the special fund applicable to the payment of interest on
its general first mortgage bonds, due on the 1st of July next, announced a loan of $8,000,000 for one year on the pledge of
91,500 shares of Northern Pacific preferred, 91,500 shares of
amounting to $1,200,000.
A report was made by Vice-President Oakes, a synopsis of Northern Pacific common and 9 L,590 shares of Oregon Railway &
Navigation Co stocks. The securities are to be deposited with
which is as follows :
the Farmers’ Loan & Trust Company, which will issue its trust
I beg to submit the result of my recent tour of inspection over the
receipts
to those agreeing to take i lie loan. It is understood
main line and branches. My inspection of the vo id was made entirely
that of the whole amount, $2,500,000, has been taken in Boston,
by daylight, consuming in all marly three weens’time. With the ex¬
ception of the 100 mih 8 of road last completed. west <>f Helena, the road- j $2,600,000 in Philadelphia and $3,500,000 in this city.
No
bed and track were found in tirst-class order. The 100 miles referred to
stock bonus will be given, but at the end of the year a cash
will require to be ballasted with gravel to put it in proper condition for !
commission of 5 per cent will be allowed
It is reported that
economical operation. This can bedotie with an expenditure of $30,090.
the Oregon Navigation stock was put in at a valuation of $50 a
■which I have ma le provision for in the estimate of operating expenses
herewith furni-hed.
share, the Northern Pacific preferred stock at $30 a share, and
The eqninnc nt, both motive power and rolling stock, is also in first- I
the Northern Pacific common stock at $10 a share.
The syndi¬
class o.der, with tin* exception of some of 1 he older engines and passem |
cate
which is to advance the money has the ptivilege of buying
gel* and frciglq c trs.
Tin* estimated cost of putting these in order is as
follows:
Locomotives.
$177. Dll; passenger cars, $109,9)8; freight
total, $121,271. These amounts are also included in my
estimate of exi eases commencing with the 1st of March, although in
the event of t ratlin proving lighter than anticipated, a small expenditure
will answer.
1 should say one-half or even one third of this sum would
keep our equipment in .sufficiently good order to meet the requirements
ears,
$133, loo
;
of the tratbe for the next six months.
The earnings and expenses of the main line and branches from June
30 to December 31, l^so, inclusive (December being estimated), are as
follows:
Gross earnings
$6,633,083
Operating expenses, including
rentals and
taxes, improvements and betterments to Oct.
31, 1883
4,127,090
$2,211,203
The estimated earnings and expenses for balance of the fiscal year,
are as follows:
Gross earnings.
$7,050,000
Operating expenses, including rentals a d
taxes, improvements and betterments being
included in operating expenses
.
_
3,023,000
3,127,000
each of the stocks named at 25 fur Northern
Pacific common, 50 for the preferred and 100 for Oregon Navi¬
45.250 shares of
gation, the proceeds to be applied in liquidation of the loan. It
must, however, buy all three of the stocks named at the prices
stated. Treasurer White said that the privilege was limited to
the period between July 1 and Nov. 1 of this year.
The remarkable advantages given by this option for opera¬
tions in the several stocks
,
Interest charges for entire fiscal j'ear, as per
5,338,293
following esti¬
3.882,341
mate
Surplus
$ 1.455,052
.
ESTIMATED- INTEREST CHARGES FOR F SC A E YEAR, ENDING JI.'NE 30, 1884.
General First Mortgage bonds outstanding
Dec. 31. 18'3
$38,023,000
Interest for same for year ending June 30, 1883
2,335,680
Pend d’ Orciile Division bonds outstanding
Dec, 31, 1883
3.315,000
Tat crest for year ending Juno 30, 1881
193,780
Missouri Div. bonds out. Dec. 31, 1883.
2,353,400
Interest for year ending .1 uno 30. 1 ss i
111,501
Second Mortgage bonds outstanding Dee. 31,
1 1,336,500
1383
l.A
14
356,500
Interest 7 mouths, say to June 30, 188 1
502,177
Add for estimates on General First Mortgage
bonds to be issued on new road, ready for
.
acceptance, say six mouths, on
1,090,000
30,000
commented upon among
brokers.
Philadelphia Sc Reading.—The gross receipts from the P.
& R. railroads, canals, steam colliers and coal barges in November
were $2,4S6,095 and the net receipts $1,410,021.
The gross re¬
ceipts of the Philadelphia & Reading Coal & Iron Co. in
November were $1,756,584 and net $393,204.
The total receipts
of both companies together (not including Central of New Jer¬
sey, leased) for each month of the fiscal years ending in 1882
and 1883, and the totals for each year, have been as follows :
December, 1882.
January, 1833...
February
March
April
May
were
Gross Receipts.
$2,865,201
2.550,094
$3,231,677
2,451,466
2,160,005
$843,783
664,877
630,080
$037,542
646,913
438,656
2,587,720
2,099,706
2.878,009
3,01 7,983
702,501
817,428
655,449
708,304
655,200
2,377,181
2,829,724
2,010,617
3,386,000
4,147,802
4,024,120
4,254.780
4,212,689
*3,488.331
1,222. 116
3,-21,730
1,4 15,705
3,914,541
l,8e3,225
780,574
844,176
1,108,307
1,171,299
1,088,830
1,271,500
1,407,035
$40,015,611
$37,300,150
$11,038,586
$11,059,233
3,346,587
September
October
November
Total year..
Net Receipts.
.
1881-82.
1882-83.
/
1881-82.
3,001,028
August
.
1882-83.
-
3,44*,790
785,014
19 05,823
3,501.201
1,301,4 54
The above statement does not include the Central Railroad o
New Jersey, leased and operated by the Philadelphia & Read
ing since June 1, 1883, and the exhibit for
follows
:
that company is a
THE CHRONICLE.
62
CENTRAL RAILROAD OF NEW JERSEY.
Gross
1883.
June
.
receipts.
$1,012,634
1,032,8 10
July
August
September
October
November
Ben tat.
$424,036
418.173
452,0 43
*528,651
Bet receipts.
$451,341)
408,526
691,124
620,738
605,465
663,460
1,256,335
1,17<>,29L
1,150,248
1,168.821
534,322
539,053
Profit
to lessee.
$26,4 13
8o,3'l
239,081
92,087
71,143
124,407
Total 6
Luos.. $6,791,169
$3,530,660
*$2,897,178
$633,482
September and following months tlie rental includes the monthly
proportion of 6 per cent annual dividends payable on Central of New
Jersey stock.
The following brief summary of the traffic and mining opera¬
tions for the years endingNovember 30, 1882and 1883, including
the Central of New Jersey from June 1, 1883, is given in the
*
Ill
company’s statement:
1881-82.
8,429.825
7,490.382
12,027,470
Tons of coal carried on railroad
Tons of merchandise canied on railroad
Passengers carried on railroad
Tons of coal carried by steam colliers
Tons of coal mined by Coal & Iron Co
Tons of coal mined by tenants
1882-81?.
11,449,373
8,416.787
1.5
12,959
1.512,959
18,195,264
531,103
4,582 667
1,191,164
5,621,789
6,074,131
$9,859,064
1,*00,173
1,200,173
$14,517,479
921,772
$11,059,238
$15,469,251
$348,454
03,014
$27,499
55,909
8,611,814
12,101,667
574,931
4,111,830
Total mined from lands owned and controlledL
by Coal & Iron Co., and from leasch’d estates
And the following
Total profit Railroad Co
Total
.
income account:
profit Coal & Iron Co
Total
profit both companies
From this must be deducted for the RR. Co.
Debit balance renewal fund
State tax on capital stuck
All rentals and full interest*
m
on
alloutstand-
obligations, including floating debt
For the Coal & Iron Co.Full imeresi on all outstanding obligations
other than those held by the liR. Co
Total
Surplus of both companies
7 per cent on preferred stock equals
6 per cent on common stock equals .
Total
JBalance
Includes full interest
which lias been funded.
1,990,972
$2,099,598
/
on
1,126 943
$10.176 297 $13,312,018
$882,941— $2,157,233
$108,626
applicable to int. on deferred income bonds
*
$510,286; from which deduct the interest on the bonds, $314,930,
and the amount paid for taxes, &e., $42,981, which leaves a
surplus for the year of $152,375. The expense account includes
$115,634 for betterments.
Southern Pacific Land Grant.—A special meeting of
$57,634
entire amount of convertible loan, part
of
the
House Committee on Public Lands was held Jan. 10, that the
members might hear the arguments of the attorneys of the
Southern Pacific Railroad Company on the question of forfeit¬
ing the Texas Pacific territorial land grant now claimed by the
Southern Pacific Company as assignees.
John T. Harris ap¬
peared for the compaDy, and asked for an extension of time,
and the time for hearing the attorneys was postponed until
Monday next.
Trunk Line Pool—Iowa Pool—Jtc.—There is unusual com¬
motion among the railroad companies east and west over the ad¬
justment of rates, and great irregularity seems to prevail. The
situation is not calculated to inspire confidence. At the meet¬
ing of the Joint Executive Committee at Mr. Fink’s office in New
York, on Jan. 10, the result of a long discussion of the situation
between the managers was an order to restore east-bound freight
rates to the basis from which they were lowered a week ago,
viz.: From Chicago to New York, 35 cents per 300 pounds on
provisions, 30 cents on grain, 40 cents on bulkmeats, and 35
cents on live hogs.
The reduction had been 10 cents from these
figures. The restored rates are to go into effect on next Mon¬
day, but it is a part of the order that if the cutting continues
the Commissioner shall order another immediate reduction.
—The New York Central Railroad reduced its local eastbound freight rates about, 25 per cent. Similar reductions have
been made by tlie West Shore & Buffalo road.
—At
Cleveland, Ohio, the granting in the Common Pleas
perpetual injunction against the Lake Shore &
Michigan Southern road, preventing the defendants making a
Court of
1,153,013
1.153,013
[ Voi. XXXVIII.
a
discrimination in freights in favor of the Standard Oil Company,
has created unusual interest among oil men, and good lawyers
claim that the State Supreme Court will affirm thedecision.
—Commissioner Pink lias issued his order cutting of the Del.
Lack. & Western Railroad from its connections west of Buffalo.
Officers of the Lackawanna, however, appear not to be disturbed
by the order of Commissioner Fink. A friend of the company
a Tribune reporter the management did not anticipate
any trouble in doing its through business.
“ I do not think,”
he remarked, “that the Western railroads will obey the
Commissioner’s orders.
When it comes right down to the point
they will not refuse the business that we may be able to offer
them. Perhaps I would better not mention names, but some of
the Western lines with which the Lackawanna has been doing
business lately are not earning enough to pay their fixed
charges and they are not refusing business, and in my opinion
they are not likely to reject anything that is offered to them.
said to
Philadelphia North American in commenting Jan. 5
the above statement of Philadelphia & Reading said :
“The surplus of $2,157,233 above fixed charges is enough to
pay 7 per cent on the preferred stock and 6 per cent on the
common stock, and leave $57,634 applicable to the deferred
bonds. Mr. G<>wen, however, proposes to pay 21 per cent ac¬
cumulated dividends on the preferred stock, amounting to
$325,878, which will leave $1,831,335, or about 5’4 per cent on
the common stock. The clause in the income mortgage prohibit¬ 1 am impressed with the idea that there is a law on the statute
ing dividends till the outstanding principal thereof is redeemed book which forbids railroads from refusing to exchange busi¬
will be met, it is said, by means of the proposed 5 per cent col¬ ness with connecting lines.”
—In the Iowa pool nothing further has occurred and probably
lateral trust Joan. It is now currently reported that the amount
of the collateral trust loan will be $10,000,000, and that it will will not before the meeting in Chicago on January 17, when the
be secured by nearly $15,000,000 assets, among which will be Chicago Burlington & Quincy will give an answer as to its
a large block of Jersey Central, including the
50,000 shares determination. A dispatch from Chicago, Ill., says the state¬
pledged last summer at about 70, to take up which will require ment to the effect that the Burlington road had agreed to close
$3,500,000 of the proceeds.
The remaining $6,500,000 will the contract on the 17th instant to pool the competitive busi¬
cover the entire amount of income sevens issued, including the
ness, is denied by the Burlington road in Chicago.
The
$4 ,000,000 pledged to secure adjustment scrip and the $2,454,- company has been committed to no announced policy. The
000 in the hands of investors, a total of $6,454,000. It seems Burlington officials thus far have only listened to propositions,
probable that the adjustment scrip may be redeemed directly with the exception that they have positively refused to join the
under this arrangement. The main thing, however, is that it new western alliance or to sign the twenty-five years’ compact.
—At Chicago, January 10, the meeting of the Trans-Conti¬
removes the obstacle to the payment of a dividend.
It was
Association was of unusual interest and all the indica¬
nental
reported yesterday that the $10,000,000 loan had been negotia¬
ted, and it was generally thought that even if this rumor was tions were that it would speedily be broken up. The resolution
untrue, it could be negotiated at any time, considering the offered by the Union Pacific, extending the territory to Chicago,
character and amount of the security likely to be put in the and admitting the Rock Island, Burlington, Alton, St. Paul,
trust.”
*
*
*
Wabash, Missouri Pacific and St. Louis & San Francisco roads
“The report that the company has $2,500,000 in the Manu¬ to the association failed to pass.
The Union Pacific called
facturers’ National Bank, and the fact that in its $13,312,017 attention to the fact that it had given notice of withdrawal
fixed charges given above are included the interest on the November 8, and it would therefore leave the association Febconvertibles although the last two and the next-three coupons uary 6. The Commissioner stated that he has received a dispatch
on about $7,000,000 of these have been funded) show that the
from the General Manager of the Texas & Pacific, dated Decem¬
ber 13, giving notice of withdrawal.
company is in an excellent financial condition.”
—The
upon
St. Joseph & Western.—Omaha advices state that suit has
been brought in the United States Court by the General Attor¬
ney of the Union Pacific Railway to secure the foreclosure of a
first mortgage of $500,000 on the St. Joseph & Western road
and for the appointment of a receiver. This mortgage is
Short Line.—The Oregon Short
completed to Ontario, Or., 497 miles west of
Granger, Wy., and 30 miles west of Caldwell, recently the
operating terminus. Forty miles of track remain to be laid
Union Pacific—Oregon
Line
has been
before the line is
finished.
If the weather is at ali favorable
against that portion of the road lying between Hastings and to the work the line will be completed in a few weeks, and the
Grand Island in this State, formerly knowrn as the St. Joseph & Short Line will have reached its western terminus, Huntington,
Denver City Railway, and which, it is understood, was not in¬ Or. A telegraph line is being constructed as fast as the track is
cluded in the action resulting in the appointment of Receiver laid. Work on the Beatrice branch of the Union Pacific is being
Smyth a few weeks ago, that official having control only of the rapidly pushed forward, and the line will probably be finished
Kansas Division. The reason assigned by the Union Pacific in a few weeks. This will give Omaha two lines to Beatrice,
interest in their petition is that the company is not doing a both by the way of Lincoln. It also makes another to St.
paying business, and that the property is not sufficient to pay Joseph by way of Marysville, Kan., and furnishes another
the bonds.
At Omaha, Neb., Jan. *3, Judge Dunby of the outlet through Nebraska to Kansas City.
The Union Pacific
United States Court appointed Wiiliam B. Smyth, of Keokuk, line to Fullerton, which was opened several days ago, will be
receiver of the Hastings & Grand Island Railroad.
extended early in the spring to Cedar Rapids, Neb., about 20
—A dispatch from Keokuk, Iowa, says that Judge McCrary, miles northwest.—Boston Journal.
on Janua y 8, released the road from
the receiver’s charge, as
Virginia Bonds.—A press dispatch says the decision of
the matter at eontioversy bet ween the stockholders had been the
Supreme Court in the case of Smith vs. Greenhow is con¬
settled satisfactory to the parties interested.
sidered very favorable to Virginia bond and coupon holders.
St. Louis Vnmlaliu »V Terre Haute.—The annual meeting of As any taxpayer can appeal to the U. S. Circuit Court (Judge
this com pan}’- was h*-ld at Greenville, Ill Jan. 8. The gross Bond), which court has already decided it onl}’ necessary to
earnings for the year are $1,700,954; the expenses, $1,306,067; tender coupons, and if refused, the taxpayer having performed
the net earnings, $394,SS7. The rental from the lessees is his whole duty, his property will be protected by tire court.
,
January
THE
12, 1884.]
CHRONICLE
fixe (Ecmxwcrctal jinxes.
cotton!
Friday, P. M., January 11, 1384.
Crop, as indicated by our telegrams
from the South to-night, is given
below. For the week ending
this evening (Jan. 11) the total receipts
have reached 90,245
bales, against 140,612 bales last week, 201,686 bales the previous
EPITOMeT
COMMERCIAL
The Movement
Friday Night, Jan. 11,1S84.
There has been
this week
a
recurrence
Railway trains West and North have
snow,
and with
serious floods
a
return of milder weather
are
of violent storms
been detained
as
the week
closes*
Valley. S one im¬
portant failures have occurred, yet it is very generally agreed
that the new year opens promisingly for
general business. An
unexpected improvement is reported from nearly all directionshad
this
month
undoubtedly
favorable influence, but much is also due to low
prices of
staples and reduced expense accounts. The severe winter is a
a
promise of an early spring and a good growing season.
The speculation here in provisions has been
quite moderate
during all the week, but the market has been sustained until
to-day by the, strength of the Western advices. In Chicago
there have been heavy purchases for a rise, which
to-day were
realized upon; this occasioned a break there and exerted a sim¬
ilar influence here.
.closed weak
;
week
op the
and 247.733 bales three weeks
since; making
1st of September, 1883,
3,647,207
receipts since the
by deep
threatened in .the Ohio
Large disbursements for interest
63
1
3.861,841 bales for. the same
decrease since September 1, 1S83, of 214,634 bales.
j
Receipts at—
Galveston
...
.
Sat.
Ron.
2,217
1,864
Indianola, Ac.
Taes.
468
Wed.
3,06 '
Thurs.
2,141
....
...
New Orleans...
Mobile
...
Pt.
Royal, Ac.
Wilmington
....
Moreh’d C.,Ac
Norfolk...
West Point,Ac
January, 9’16@9T8c.
;
February, 9*18@9'20c.;
Boston
1,211
192
325
379
62
"V
27 8
278
751
1,254
7 514
754
4,872
1,661
...
1,197
1,740
810
461
....
....
877
811
....
....
-
•
-
■
1,126
301
301
75
194
940
243
243
1,140
1,604
8,97G
1,604
....
....
374
100
127
64
*
....
1,817
2,392
995
1,159
625
1,920
685
696
6,562
1.197
1,013
917
699
5,869
....
177
2.459
1,148
SO 5
.
....
Philadelp’a, Ac.
38.098
2,955
780
Baltimore
March, 9’27@9‘29c.; April, O’ST^O SOc.; May, 9‘43@9*46e
;
Western prime on the spot closed at 9 20c.; refined to the Con¬
112
5,275
7,501
1,473
New York
11,202
112
7,195
Oil
Brunsw’k, Ac.
1,422
2,978
....
Charleston
Total.
0.009
Florida
Savannah
Fri.
6,140
.
Lard futures declined 10 points here and
the total
bales, against
period of 1882-83, showing a
357
.
188
s.
.
.
.
....
....
79
....
5
5
90
71
tinent, 9’45c.; South America, 9-75c. Mess pork continued dull Totals this week 14.490 20.021 9.9 SO 16 885 14.734 14,129 90,245
For
and irregular at $14 50@$15 on the
spot. Beef continued quiet total comparison, we give the following table showing the week’s
receipts, the total since Sept. 1, 1883, and the stock
at $24@$26 for city extra India mess.
Beef hams steady at and the same items
to-night
for the corresponding periods of last
years.
$23 50@$24 for Western. Tallow sells fairly at 7%@7/4C. for
is 83-84
1882-83
Stock.
prime. Stearine remains about steady at 9%(a)9%c. for prime
Receipts to
This
Since Sep.
and 8%c. for oleomargarine.
This
Since
Sep.
Butter has latterly had a better
January 11.
1884
1883.
Week.
1, 1883.
Week.
1, 1882.
sale, and the best Elgin creameries are held at 41@42c. Cheese
Galveston
11,202
remains firm, and State September makes are
478,1 19 27,047
551.722
97,820 134.826
quoted at 13M@
Indianola,Ac.
112
7,870
143
14.1 i3
68
13%c.; October, 12%@18/£c.
New Orleans...
38,098 1,158.027 68,364
990.945
444.421
316,589
Rio coffee has been fairly active and firmer,
closing quiet at Mobile
203.212
2,955
9,415
229.546
58,312
37,969
12^@12%; options have been less active,'but closed firm at Florida
278
26,007
11/
9,962
1090c. for January, 11 05c. for
7,511
555,9.5-. 12,797
604.‘J 2 9
104,721 100,970
February, 11 '25c. for March, Savannah
Brunsw’k, Ac
6.52.'
11 35c. for April and 11 40c. for
5,308
May; mild grades have been firm Charleston
4.872
313.445
10,015
425,779
75,572 101,724
and fairly active. Tea has been active on
Pt. Royal, Ac.
speculation at firm
301
11.1 15
9.067
1,690
406
prices; the trading has been mainly in Japan tea. Spices have Wilmington.....
940
2. 94
78,895
93.716
7,398
17,370
been firmer; pepper has advanced and the
M’head C., Ac
213
10.619
862
11,78,9
jobbing trade has Norfolk
4 19.313
8,976
increased.
Rice has been steady, with moderate sales.
17,318
536.330
51,929 75,104
Foreign
West Point,Ac
1,604
163.723
2,801
155,933
dried fruits have been moderetely active and
steady, with some New York
6.562
57.921
8,026
70,5*0
304.782 116.656
reduction in the supply.
Molasses has been steady but rather Boston
80.245
5,809
6,719
92,111
6,885
2,700
5
quiet. Raw sugar has sold slowly at declining prices; the sup¬ Baltimore..
7,502
5,987
18,363
25.110 16,853
71 1
8,136
plies are larger both in this country and in Europe than last Philadelp’a,Ac.
2,699
36,353
11.957
9.520
year; to-day the market was quiet but steady on the spot at
Total
90,245 3.617,207 17. >,38 2 3,801.841 1,1 90,665
930.687
5%c. for fair refining Cuba, and there was a larger business for
In order that
comparison may be made with other years, we
future delivery at 6'07%c. for fair for June and
612/£c. for give below the totals at leading ports tor six seasons.
July; refined has latterly advanced somewhat; to-day crushed Receipts at—
1884
1881.
j 1883. j 1882..
1830.
| 1879.
closed firm at 8/*i(di8%c., powdered at 8%(d>8%c.,
granulated at Qalveat’n.Ac.
11,314
23.186
27,19oj
8,654
8.993
11,615
7%e. and standard “ A ” at 7 7-16(g7/£c.
New Orleans.
36.098 ' 68,364
29,533
30.565!
40.700
25,165
In Kentucky tobacco there has been but a
2,955
9,115 A
8 628
slight increase in Mobile
12.711
3.933
15.240
Savannah....
7,514
12,797
12,173
business, but holders steadily maintain late prices; lugs 7@8c..
20,276
18,151
19.570
5,173
10,608
8.818
10,510
10,905
leaf, 8j.<@ll/£c. Sales for the week 166 hhds.,of which 56 Uharl’st’n, Ac
15,511
Viiiu’gt’n, Ac
1,183
3,256
4,858
2,452
1,558
were for export.
3,144
A slight improvement in the trade in seedleaf Norfolk, Ac..
10,580
20,209
21.203
18,474
14,503
13,458
can also be mentioned,
23 543
aggregating 1,150 cases, including 300 411 others....
13,428
25,696
15,513!
21,935
9,904
•{
cases crop 1882, State Havana,
23@26c.; 100 cases crop 1882, Tot. this w’k.
90,215 175,382 114 868 129 60
lj 129.489 113,613
Pennsylvania, ll@13e.; 150 cases crop 1881. do., 9@12e.; 200 Since
Sept. l.| 3647,207 3861.841 3500 41‘ 3< 94 438
cases crop 1882, Wisconsin
3145.830 2953,995
Havana, 15@17c.; 300 cases crop
Galveston includes India .ola; Charleston
includes
Port K< yal, Ac.
1882, New England, ll@20c., and 100 cases crop 1881, do., 9@ Wilmington Includes Morehead City, Ac.; Norfolk
includes City Point, Ao
18c.; also 400 bales Havana 85c. (S)$l 15.
The exports for the week
At one time during the week rosins received more
ending this evening reach a tota*
attention of 166,510 bales, of which
117,671 were to Great Britain, 15,013 to
from shippers and 3,000 bbls. strained and
good strained were Kranee and 33,826 to the rest of the
sold at $1 52/2 ; to-day the range is $1
Continent, while the sto-fes
50@$1 55. Spirits tur¬ 4* made np this
pentine has become weak, and from a selling price of 36c. in exports for the evening are now 1,190,665 bales. Below are V*
week and since September 1. 1883.
yard it is now difficult to obtain 35!£c. Refined petroleum has
Week Ending Jan. 11.
been quiet, and shippers are less free with their bids of
From Sept. 1.1883, to Jan.
9/£c
11, 18
Exported to—
for 70 test, though that price is
Export i-a to—
still quoted. Crude certificates
Exports
have been depressed by the free
Great
Conti¬ Total
from—
Great
flowing of the new McKinney
Conti¬ 1
Brit'n. France nent.
Week. Britain. Franu
well, and to-day sales were made at $1 11%, though the closing
Totai
nent.
figures were $111%@$1 11%. Ingot copper is steady at 14%(g lalveaton
14,164
4.208
18.672
143,74't 29.225
61.240
234,2
15c. for Lake
Xew Orleans.. 59.531
American pig iron is steady and a better trade
5 131
14.593 76.255 350 995 215.072
174.708
740.865
is shortly
Mobile
3.125
3,125
anticipated ; No. 1, $20 50@$21. Steel rails, though
20,44 s
200
20.64
-florid*
less active, are firm at $35 at the mills.
1,500
1.500
Savannah
In ocean freight room the interest of the week has
1,600
Sir.O
4730
09/ 6'* 13,436
124.178
been cen¬
237,583
hmrlestm.
2,530
3,700
tred in the charter of four
6,230
64.287 18,127
86,741
160,155
steamships to load refined petroleum •Yilminston..
6 121
6921
to the United
42,023
3.8 lb
45.852
Kingdom and one with coal tar pitch from Phila¬ Gorfolk+
9.999
5421 15410
16*.- 06
15,033
184.029
delphia to Genoa. Berth ro^m has been overlooked, but to¬ >Jew YorK
14.007
1.544
4.105 20.256
205.023 24.700
66.20 4
day improved to 3%d. for grain to Liverpool by steam; flour. <oston
j 290.917
6 fi )2
6,60 l
43,700
100
11s. 3d.@12s. fid.; bacon,
43,890
20s.; cheese, 25s; cotton, 13-64@ B It'more
3 401
2.25-4
5959
10)
57,108
01,352
34.144,
7-32d.; grain to London by steam quoted 4d.; do. to Glasgow
3.421
3 42!
38 50 1
3,0
>5] 41,523
by steam 2^d.: do. to Antwerp by steam 3d.; do. to Amster¬
ot.-il
117.671 15 013 33 826 166.5i0 1.247.182*30),660
360 582 2.117,424
dam and Rotterdam by steam 9c.; crude
petroleum to Dunkirk.
Total 1**2... 114 884
14 8*3
3 1.917 16 1.68 t
3s. 3d.; refined do. to London or
5 8 "3 ' •>40.0 s
r. .V’0 ' 9 4 ’3
Antwerp (by vessels chartered
Includes exports from port li »yal, Ac.
prior to arrival) 3s 4%d.
Includes
.
.
‘
....
__
..
.
,
.
......
....
.
.
......
.....
...
...
..
i
*
-
exports
from West Point. Ac,
m
The Sales
In addition to above exports, oar telegrams to-night also give
the following amounts of cotton on shipboard, not cleared, at
the ports named.
We add similar figures for New York,
prepared for
use
Lambert. 89 Broad Street.
Jan. 11, at—
Or cal
cc
France.
Britain.
New Orleans....
Mobile
Cnamston
Savannah
Galveston
Norfolk
New York
Other ports
42,000
20.230
17.000
3.200
15.800
None.
32,000
21,970
2,400
Total 1883.
141,048
!
Ooast- i
wise.
Other
Foreign
700
3,000
8,045
17,100
550
2.700
3.4 34
1.000
1,577
1,810
1,000
None.
None.
None.
800
None.
000
25,202
51,378
.p
73
®
D
298.982
227,501
963,104
47.508
Dulness and
throughout December.
Saturday declined 5(5.6
points. On Monday, with a considerable improvement in
Liverpool, there was a further decline with us. Renewed
buoyancy on Tuesday carried back prices to about the closing
figures of Friday; but oil Wednesday and Thursday fresh de¬
clines took place.
To-day the market was dull and values
unsettled, closing without much change for the day, with
January 2 points dearer than last Friday; but otherwise 4@0
points lower on the week for this crop, and 8@10 for the next.
Cotton on the spot has been quiet all tiie week. The limited
progress
a
I
-t
Stocks at
slight increase, but no difficulty is experi¬
them. To-day the market was quiet and
unchanged, middling uplands closing at lOMc.
The total sales for forward delivery for the week are 400,300
bales. For immediate delivery the total sales toot up this week
1,609 bales, including 75 for export, 1,534 for consumption,
for speculation and
in transit. Of the above,
bales
were to arrive.
The following are the official quotations for
each day of the past week.
demand has been
this market show a
enced in carrying
d-
%
Sat.
Mou Tuei
Mon Tuea
Sat.
Sat.
S
& co 2.
c
Cf
c
F'-co®
o
C.O
m'Li re
ft c r*
d. 7*
00
o
7—
OCoO
C
Cidi &d>
c.
COX
■XO
00
re*H*
*4
C
c/)x
o o
T-
oo
44 re
CO'-tr-^
-14
8%
8%
8^8
8%
8%
91,6
Strict Ord..
la16 946
8i;be 8,ain
9%
9%
9%
9%
Good Ord.. 9^8
10
10 4
10
10
104
Btr. G’d Ord
101-2
10%
104
104
Low Midd’g'lOq
Btr.L’w Mid 107,
107,6 107,6 101116 1011
8
10%
Midd’gFuirill%
11%
12 q
12 4
Fair
10%
1078
H'%
Middling... 10%
Good Mid.. 10'8
Btr. G’d Mid 11
11
11 %
11
124
Fri.
Til.
Wed
•
10%
1078
11%
114
114
12%
11%
114
114
12%
Wed
8%
8%
CO
4 ou
C0 d-
c
r-* —
946
9l,e
9%
104
9%
10 4
10%
6
10%
1011,6 ion,.
10%
10%
11 %
11%
114
114
114
114
12%
12%
Tb.
Wed
Fri.
8%
91,6
9%
91,6
9%
-re
c 0
<1
6*0
re
1
c; re*
re-—.
0
^0
O)
re01
•
^
on
O
-
c
Th.
Fri.
8%'
8%
8%
8%
83fl
8%
8%
'8%
94b
Middling... 10%
Good Mid.. 10 %
Str. G’d Mid 11
Midd’g Fail 11^
I'M,
Voir
10%
10%
10%
10%
10%
11%
11
11
114
11%
11%
12 4
114
12%
1
24
10%
11%
114
L14
12%
Sat.
STAINED.
10%
11%
10%
11%
114
114
12%
11 4
114
12%
Mon Tnen Wed
10%
11%
C
to
.
re-—
7*7-
£V
X
CJI
-1
0
hu
Til.
m
m
mm m
m m
ft*
.8
8
8
8l%6
8"te
9%
104
9%
104
8
8
si4<
Si 4b
9%
9%
9%
104
104
r
-
k—
»—k
**
R*T.
.
Firm
.
Finn
Tnes. Firm
Weil
Mr.ul.v
Thnrs heady
Mon
heady
.
jb
217:
247!.
....;
....!
310;
219
03
2s9i
....
Total.
192,
1.531
....
....
....
....
•
....
....
•
«
.
—
104
O
99
C CO
©©
cwtj
©©d-*^
I &io:
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re-*1—1L i •-*
ft—* *»*
99 c o
C
© ©
....
oon
St.010
a.yoodj
249
70.100!
60.900!
000
100
400
400
9 JO
400
71.000.
48,500;
l.ono
uvuvoioa
®s*
1
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1 ©r
>
03 03
X. 03
03
CO
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to
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247
340
352
192
r-*
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c. O '
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10 4
FUTURES.
u.u.j
iu livei-h*- given auuvo aro actually
iciib u>1 at on wliieli tliey are reported.
inf
rfc^
12
75
Total
Con-
Spec- Tranport. sump. ul't'n sit.
.
.
Fri.
Ex- 1
V
%
-l '1
^
1 gj:
re- re* bo re-
l &o:
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09
red —
w to
d-d-X,-
1 9;
'
AND SALES.
SALES OF 8P
SPOT MARKET
CLOSED.
<
®
a i
8
market closed on same days.
-
99
MM
#- re-
II
C:
re*
Cv
,0 to
\
d-d-
Fri.
The total sales and future deliveries each day,daring tie
week are indicated in the following statement.
For the con¬
venience of the reader we also add a column which shows at a
glance how the
re-
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MARKET
cc^i
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Strict Good Ordinary
Dow Middling
Middlimr...
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114
114
12%
12%
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114
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9116
9116
91,6
846
Strict Ord..
813|« 8l:4e 81;iH, 94c
9%
9%
9%
9%
9%
9%
9%
9%
9%
Good Ord..
10
10
104
104
104
104
104
104
Str. G’d Ord 10
10 4
10%
10%
10%
10%
10%
10%
104
Low Midd’g 104
Btr.L’w xMid 107,(5 10716 107,« 1011,6 10HU; 1011,6 1011,. 10UIH 10146
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Mon. Tn<
00
•
9
H.C5
ft
O
0
TEXAS.
NEW ORLEANS.
rcc.
ft
O
mainly for home consumption.
UPLANDS.
Jan. 5 to
Jan. 11.
,0S
re'-
00
to
120,897
o
o
CO
depression have been the leading features of the
speculation in cotton for future delivery at this market for the
week under review, with not a little playing at cross purposes.
The movement of the crop has continued to be very small, not
only at the ports, but at the interior towns of the South. La#
telegrams and letters from the various sections of the cotton¬
growing region, however, speak of very bad roads, the effect
of severe frosts, followed by heavy rains, and this is believed
in some measure to account for the small movement. Exports
have been well kept up, effecting a considerable reduction of
stocks.
The foreign markets, though variable, have not de¬
clined, and most Southern markets have tended upward. Yet
prices here have been weak under an absence of demand.
There is no “ short interest” to lend a fictitious strength to
values.
Leading operators for the rise have ceased to give the
artificial support to the market which they felt it necessary to
extend to it during the large crop movement which was in
227,877
9
CO
58,337
27,143
39,483
24,780
5,800
5,0t 0
21,797
10,214
S7
p
| £5Lg
•
o
08,153
«-»•
Sh
e-
Vj
:c -
—
K
re re
re re
^
702.810
1.010 238
54.732
35 797
17,051
12,723
133,094
gC
.
--t
3 a
M
■*
O
Total 1882
Total 1881
■*
ert
to &c
f-
©• re ®
vj
St-
7
.
re'S
®
&
re
CO
9,933
^
5 Z
® *
© O
X
©re ® fa
£
w
re
361,924
38,312
02,777
08,121
30.000
j
n
O8?®o
©*- P 3
® 2*
a> n
CD
re
82,497
2<lOOO
12,795
o^opg5
ot?:
i
8loch.
Total.
296
19.899
None.
%
-i
re
Leaving
1,000
43.09
5.000
by the follow¬
shown
are
the closing bids, in addition to the dailv and total sales.
by Messrs. Carey, Yale &
Shipboard, not cleared—for
On
Futures
of
In the statement, will be found the
daily market, the prices of sales for each month each day, and
which
special
our
Prices
and
PftT P “t[Vol. xxxviii.
ing comprehensive table.
ns
are
****
TIIEfil CHRONICLE.
61
3.1 on
uia
uuy
:
II:'
1 ©: :
1 ©: '
ih :
|
■Mil
1
•
1 ©: :
1 ©:
1 M
Mi|1
1 i
:
lm Rules sales in September. 1SSL for September, 7(5,2»>0; Septeiuber-O' tober, for Oe'tober, 338,600; Sept.i-rnber-November, for November,
399.800: S••ptember-Deeember. for December, so.*,500.
We have included in the above, table, and shall continue eacli
week to give, the average price of futures each nay for each month.
It
will be found under each day following the abbreviation “ Aver.” The
*
average
for each month for the week is also given at bottom
of table.
Transferable Orders—Saturday. lO'Ooe.; Monday, lO’VOc.; Tuesday,
10'75e.; Wednesday. 10-75e ; Thursday, 10-70c.; Friday, HrTOe.
Short Notices for January. —Monday, 10*07e.;
The
•15
•32
•13
•2!)
•29
•42
•15
pd.
pd.
pd.
pd.
Tuesday, 10/68 £10*G9e.
following exchanges have been made during
to exeli. 500 Mar. for April.
to excdi. 909 Feb.-for April.
to exeli. 509 A! ay
f.»r ,| une.
to exch. 7<,0 Jan. lor Mar.
pd. to exch. It 0 Alar, for May.
pd. to exeli. 8 >0 Jan. for April.
pd. to exch. 2,000 Mar. for Apr.
•31
pd.
•15 pd.
TO pd.
•It pd.
•M pd.
•32 pd.
the week;
to exeli. 1 00 Feb. for April.
to exeli. lOo Mar. for April
to
exch. 290 Feb. for Mar.
to exch 100 Jan.
to
for Feb.
exeli. .loo Mar. for April.
to exch. 200 Feb. for
April,
m
and since September 1 the receipts at all the towns
the same time in 1882-83.
for
Middling
Cotton
-Quotations
at Other Markets.—In
the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week.
last year,
made up by cable
and telegraph, is as follows. The Continental sooeks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are brought down
to Thursday evening.
But to make the totals the complete
figures for to-night'i Jan. 11), we add the item of exports from
the United States, including in it the exports of Friday only.
1831
1882.
1S>3
Cotton to-night, as
The Visible Supply oe
are
1884.
baless.
Stock at Liverpool
Btook at London
Total Great Britain stock
Stock at Hamourg
Btook at Bremen
Slock at Amsterdam
Stock at Rotterdam
took at Antwerp
Stock at Havre
Stock at Marseilles
Stook at Barcelona
Stock at Genoa
Stock at Trieste
.
.
699,000
572,000
437,000
54,000
80,000
40,700
34.000
750.000
2,800
779.000
4.000
521,000
60,200
#48,000
1,200
3,500
141,000
25,400
1,500
612,700
2,200
42,700
11,000
3.400
800
151,000
400
1.060
500
.
5.000
44,000
4,000
42,000
10,000
8.000
2,500
23,60-'
1,630
2,090
71,600
130.000
4,200
9.100
35,000
5,500
5,700
4,060
2,000
237,150
136 610
.1,073.700 1,025,900
8 19,850
133,000
657.610
82,000
736.000
23.000
912.812
277 359
14,000
3
109,000
574,000
3
52,000
.
97,000
727.000
525,000
45.000
62.000
930.637 1,137.125
1,190,655
.
.
356.545
339.669
42,000
17,800
340,783
18,00.0
American—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
.
159.000
40.700
51.000
270.000
80.000
88,700
109.000
92,900
110,150
97.000
133,000
52,000
62,000
45,000
239.000
.
Egypt, Brazil, &e., afloat..
100,000
736,000
Wttk
119,00<
34,000
36.640
82,000
28 000
eniimj-
g.
£
"i S
c
g
2.
a
—
^
in detail in the following statement
^
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■
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©4-©MO-©©tOO'-4©^-r-‘*-<l — X -4 ©
This year’s figures estimated.
above totals show that
T&-»
? an
•Xj
X
.
M
35*
to
the old interior stocks have de¬
creased during the week 14,256 bales, and are to-night 16,876
bales more than at the same period last year.
The receipts at
the same towns have been 46,923 bales less than the same week
104
104
1046
104
104® 4
1034
10
10
100 is
10
103,6
104
104
104
104
104
104
1(*4
104
10'8
104
IO40
St’k at Interior
200,024 251,923
152,420 221.007
114.8'(M 1175,382
1.510130 7, 060
25 *
18393.0861275
T
104
104 a
Towns.] Rec'vts from PlanVns
*82-’83. !’S3-’84.
210, ,986 2 13,331 150.0.0 286.801
27-1 ,731 203,893 202,398!281.009
313, ,249 265.311 298.899 304,119
343, ,020 257.0C7 291.537 272.758
175^350, 74 -!253,,570 j
233.329
700 374, 504; 248..190 271,022 217.001
257,221|
,434,415 .500:291 376
,10.-445 ,530; 299 528
,73 0457 024 '330, 09 •
,680 406 ,580.379 >55
3-0, 477 241.357,202,093 277,397
410. 210
423
271,5131270,107 304,932
5?7!218,343
295.035 201,004
422 ,310210 186 294,785 200,419
,012; 453 .050;3'3 047 407 ,074 130 502 228,789 120,270
2t5i433.<’50hw>,2»-;38O 808: 06 2 91171,983 72,169
The above statement shows—1. That the total receipts from the
plantations since September 1, 1883, were 3,987,949 bales; in
18S2-83 were 4,225,604 bales; in 1881-82 were 3,^90,035 bales.
2.—That, although the receipts at the out-ports the past week
were 90,245 bales, the actual movement from plantations was
only 72,169 bales, the balance being taken from the stocks at the
interior towns.
Last year the receipts from the plantations
for the same week were 171,933 bales and for 1882 they were
96,259 bales.
Amount of Cotton in Sight January 11.—In the table below
we give
the receipts from plantations in another form, and
add to them the net overland movement to January 1, and
also the takings by Southern spinners to the same date, so as to
give substantially the amount of cotton now in sight.
1882-83.
1881-82.
1880-81.
3,987,949 4,225 604 3,890,0 15 3,965,150
382.415
1
23,020
compared with 1881-S2 is
bales.
Weather Reports by
yy toTL
w. t*— >-* ^0
,
A
©
200,835 ■838.170
increase as
is 126,451
to
>—
to
bo
c»
14-
to OO CC *7*
O'
H
k-* ♦—i
ot
104«
104 a) 4
10 4
4l3.«»82
1 30,00‘
323,510
100,000
316,763
85,000
in slcht
ami that the
170,819 bales, and with 1830-8 L
It will be seen by the above that the do crease m amount
to-night, as compared with last year, is 275,1122 bales,
C to co -*
<y co to oo y rc >eto <1 on c CO 4- 0C -1 OO
O U. oil O X »f- O 00 co
*-*
QI-1 O0 '1 0- OO * I V> CO
*-1 X cot N- OO CC Ci V>
M
oo
©
104®4
104
104
104
104
104
104
1004
104® 4
104
4,493,334 4,768.636 4,313,545 4,366.913
*-*
CO to
I ON
CI to C. O' to v-»
O'
1< > 4
104
104
104
10
^45,
100
Tot. receipts from plantat’ns
Net overland to January 1
Southern consumpt’n to Jan. 1
O. y © o
©j-J W M ©1C s: Ci<i J*
x* i~©x to to ©y*w — wlbVuo*--o*rf-x
o»
CO
104
1046
3,694,438
Rer-eipts at the ports to Jan. 11 3,617,207 3,361.841 3,500,416
Interior stocks on Jan. 11 in
270,712
339,625
363,763
310,742
excess of September 1
o* Ci >-*
CO
CO
CC
51G
10:>16
FH.
103le
1883-34.
CO
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cc
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104
104 *4
104
1<
S-i.i’dS-’ S. ^3-’34. Gl-V2..?o2-\>S. Vtf-’SL ’.SI¬ ’82.
©
10
»->Li
•— CO © X KJ Ot to © >1
tc© ©
© :+■ © © ^ <1 K> © © X tc © -t © ©
m o< x
>— O x co to to to
cc rf- oc h- ci
-J © to
•—
L-c
t—*
y
10»ie
Thurs.
-*v
©
® ®
-*,?
§p? *S' ~
*"3
o
’S
211,57-' ;202.0:5
for the week and since Sept. 1, the
the stocks to-night, and the same
period of 1882-83 —is set out
104
104
104
104
Receipts at the Ports.
233.314 217.017
movement—that is the receipts
shipments for the week, and
items for th- corresponding
Towns the
10«i6
10;)ig
104
104
104
10 4
104
222.170 255,007
increase of 690,099 bales as com¬
ponding date of 1881 and an
104
1046
104
l O® J Q
..
232,210 j 242
6V.
6nlG<h
5lliod.
515n;d.
104
',6011322,
.3.397 910 3,200,056 3,098,758 2.707.311
.
Wednes.
210,537 241,738,252,845 251,532 139 ,317
.921 .290, 140 175 092
223,2-5 230,623.
,101 211, 740
233,320 ■202,251
700.244 123
,07,"
233,402 ! 230,154
299,640
.2,855,210 2,593,150 2,610,90S 2,103,171
.
Tucs.
RECEIPTS FROM PLANTATIONS.
C3f~The imports into Continental ports this week have benn
Cl,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 197,854 bales as compared with the same date of 1882,
an
increase of 299,152 bales as compared with the corres¬
AT the Interior
lolls
487,850
601,900
5 12,700
.
...
supply
Liverpool
pared with 1S80.
Wilmington..
Mon.
Receipts from the Plantations.—The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are some¬
times misleading, as they are made up more largely one year
than another at the expense of the interior stocks.
We reach
therefore, a safer conclusion through a comparative statement
like the following. In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the erop
which finally reaches the market through the out-ports.
..2,855,210 2,593.156 2,610.908 2,408.171
Total American
East Indian,Braz’d, dc.—
Total visible
Price Mid. Upl.,
912.812
277,359
14,000
151.000
727.000
.
Total East India, &o
Total American
930,687 1,137.125
390,783
339,609
1 7,300
18,000
235,000
574.000
.1,190,665
United States stock
356,545
United States interior stocks.
42.000
United States exports to-day.
m
36 3,000
429.000
104
104
lOis
10 is
lOLj
QUOTATIONS FOR MIDDLING COTTON ON—
10 4
104
104
10Vi>k: | 104® 4
104
104
Philadelphia.
10
978®10
Augusta
104
103lfi
Memphis....
104
1048
st. Louis
104
Cincinnati...
104
104
104 Louisville....
folio w s:
413,000
127,000
525.000
457,000
Satur.
Galveston....
New Orleans.
Mobile
Savaiinah....
Cliarloston...
Boston
Baltimore.
2,707 SI 1
Total visible supply
3,307,010 3,200,056 3,008,758
Of the above,the totals of American and otner descriptions are as
CLOSING
Norfolk
5,500
24.700
3.500
246.900
323.700
.
305,776 bales less than for
Week ending
Jan. 11.
696.000
.
65
CHRONICLE.
THE
12, 1884. J
January
Telegraph.—The weather has been
unusually severe at the South during the week. In seme dis¬
tricts the temperature has been lower than for a number of
years past, and snow and ice have been the rule.
In Arkan¬
sas and Tennessee the fall of snow was particularly heavy.
Galveston, Texas.—It has l^iined on four days of the week,
the rainfall reaching'sixty-nine hundredths of an inch.
We
have had killing frost un live nights, and ice formed on four,
during the week. The thermometer has ranged from 22 to
65, averaging 44.
lndianola, Texas— We have had rain on three days of the
week.
There have been five killing frosts, and ice formed on
four nights.
The rainfall reached two hundredths of an inch.
Palestine, Texas.—It has rained on two days of the week,
the rainfall reaching five hundredths of an inch.
We have
had six killing frosts, and ice formed on four nights of the
week.
The thermometer has averaged 31, the highest being
61 and the lowest
7.
New Orleans, Louisiana—It has rained
tiie week, the rainfall reaching ninety-four
inch.
Tiie thermometer lias averaged 42.
on four days of
hundredths of an
Shreveport, Louisiana.usually cold weather prevailed
during the week. Two inches of sleet and snow fell on the
morning of the seventh.
The temperature has
been corn i legv
66
THE CHRONICLE.
ably higher the latter part of the week, with heavy rain on
the night of the 10th.
The rainfall, including melted snow
and sleet, reach one inch and ten hundredths.
The thermom¬
eter has ranged from 10 to 04
Vicksburg, Mississippi.—It h s rained on three days and
the remainder of the week has been
cloudy. The rainfall
mark of xipril 15 and 16, 1874, which is 6-lOths of
1871. or 16 feet above low-water mark at that point.
83 81
impossible
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
keeps the totals correct.
We first give the Bombay statement for the week and
year,
bringing the figures down to January 10.
to
keep out of
during the week.
Shipments this week.
^
fear1
the
our
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
raining,
Columbus, Mississippi.—It has rained on one day of the
week, the rainfall reaching one inch and twenty-five hun¬
.
Little Rode, Arkansas.—Telegram not received.
Pine Bluff, Arkansas.—Telegram not received.
Fort Smith, Arkansas.—We have had no rain during the
week, but on the sixth snow fell to the depth of four inches.
The thermometer has averaged 10, ranging from 4 below to 42.
Helena, Arkansas.—We have had six inches of snow
foot above
India Cotton Movement from all Ports.—We have
re-arranged
lndia service so as to make our
reports more detailed and
at the same time more accurate.
We had found it
Meridian, Mississippi.—The snow storm this week was of
wide extent and here was two inches deep.
The weather has
been colder than for many years past, the thermometer
falling
to 8 above.
To-day the weather is warmer and it is
Two inches of snow fell at this point
during
week; the snow-storm extended over a wide surface.
a
our
reached one inch and three hundredths.
The weather lias
been too cold,
ice formed in this vicinity on three
nights of
the week.
Average thermometer 24, highest Go and lowest 10.
dredths.
fVoL. xxxvin.
Great
\BriVn.
i
Conti¬
Shipments
Jan. 1.
j ContiBritdin
Total.
nent.
since
Receipts.
Great
Total.
nent.
1884 11.000 8,000 19,000
1883! 7,000 LI,000 18,000
1882123.000 6,000 29,000
18811 1.000
1,000
18.000;
24,000
13,000i
13.000
16.000
7.000
30,0001
e.oool
This
Week.
Sirxe
Jan.L.
42,000 47,000
26,000 29.000
46.000 28,000
13.000 23.000
77,000
56,000
62,000
39,000
According to the foregoing, Bombay appears to show an
compared with last year in the week’s receipts of 18,000
bales, and an increase in shipments of 1,000 bales, and the
shipments since January 1 show an increase of 16,000 bales.
The movement at Calcutta, Madras and other India
ports
for the last reported week and since the 1st of
January, for
two years has been as follows.
“ Other ports” cover Ceylon,
increase
It has rained constantly on two days. The
highest being ,10 and the
lowest 4.
Rainfall, including melted snow, two inches and
seventy-seven hundredths.
Monticello, Arkansas.—It has rained on three days of the
Tuticorin, Kurrachee and Coconada.
week:, and snow fell to the depth of five inches.
Average
thermometer 21, highest 50 and lowest o.
Last week we had
Shipments for the week.
Shipments since January 1.
rain on three days.
The therlnometer ranged from 18 to 00.
Ice formed in this section during the week.
Great
Conti¬
Or eat
Total.
Continent.
Britain.
Total.
nent.
Britain.
Memphis, Tennessee.—It has rained on four days of the
week, the rainfall reaching one inch and thirty-eight hun¬ Calcutta—
dredths.
We have had the lowest temperature this week of
1884
1,000
1,000
3,000
3,000
which there is any official record. Snow fell to the
1883
3,500
3,500
8,500
depth of Madras—
8,500
nearlyr ten inches during the week. The thermometer has
1884..'....
500
500
1.000
1,000
ranged from 2 below to 49, averaging 20.
1,000
1,000
1,000
1,000
JSash'oille, Tennessee.—We have had rain on one day of the All others—
800
800
week, the rainfall reaching forty-nine hundredths of an inch.
800
800
1,000
Snow fell here to the depth of seven inches.
1,000
The thermometer
has averaged 18, ranging from 10 below to 51.
Total all—
2,300
2,300
Mobile, Alabama.—It has rained severely on one day, and
4,800
4,800
1883
4,500
4,500
10,500
lias been showery on four days of the week.
10,500
The rainfall
reached two inches and seventy-eight hundredths.
The above totals for the week show that the movement from
The ther¬
mometer has averaged 20, the highest
being 53 and the low¬ the ports other than Bombay is 2,200 bales less than same
est 13.
week last year. For the whole of India, therefore, the total
ship¬
Montgomery, Alabama.—It has rained on live days of the ments since January 1, 1884, and for the corresponding periods
week, the rainfall reaching me inch and eighteen hundredths. of the two previous years, are as follows.
thermometer has averaged 28, the
The weather has been too cold.
On the 4th, 9th and 10th ice
formed in the whole of the State.
We have had snow during
he week
Average thermometer 30, highest 52, lowest 8.
Selma. Alabama.—There has been rain on three days of
the week, with a rainfall of one inch and ninety-live hun¬
dredths. The causes of the small receipts this week are tlie
bad roads and the extremely cold weather.
The thermometer
has ranged from 7 to 40, averaging 25
.
......
*
EXPORTS TO EUROPE FROM Al.E INDIA.
1884.
Shi/unciUs
to
2
1883.
188 2.
-
-
all Europe
This
week.
front.—
Bombay
Since
Since
Jan. 1.
42.0001 13.0001
19.000
All other ports.
!
|
11, is
week.
Jan. 1.
2,300
4,800
4,500)
Th is
week,
i
Since
Jan. 1
j
26,000
29.000!
10,500
4,0001
46,000
12,800
Tor al
21.300
46,800 22,500:
3 (>,500 33.000!
Madison, Florida.—Telegram not received.
58,800
Macon, Georgia.—It has rained on two days of the week.
This last statement affords a very
interesting comparison of the
We have had ice, snow and sleet during the week.
The total movement for the three years at all India ports.
thermometer lias averaged 30, the highest being 55 and the
Alexandria Receipts and
lowest 10.
Shipments.—Through arrangements
Columbus, Georgia.—We have had severe weather ail the we have made with Messrs. Davies, Benaehi & Co., of Liverpool
week. The rainfall reached one inch and forty-two hun¬ and Alexandria, w« now receive a weekly cable of the movements
dredths.
Average thermometer 30, highest 48 and lowest 1.2. of cotton at Alexandria, Egypt. The following, are the receipts
Saoanv.ah, Georgia.—It lias rained on four days of the* and shipments for the past week and for the corresponding week
week, ahd the remainder of the week has been cloudy and of the previous two years.
'ilie rainfall reached two inches and
cold,
forty-five huh
dredths.
The thermometer has ranged from 18 to 50,
av-rag¬
ing 37.
Augusta, Gtergia.—The early part of the week was clear
but unusually cold, with sleet on Monday night; the last three
days we have had general rains and t he weather has mode¬
rated considerably.
The rainfall reached one inch and sixtynine hundredths.
The thermometer has averaged 32,
ranging
from 14
to
53.
4 ley't.'Ueu!,
Egypt,
January 9.
Receipts icautarsp—
To Liverpool
To Continent....
Total
*
Below
Memphis
Above low-water mark.
Nashville
Shreveport—
Vicksburg
high-water mark
Abovo low-water mark.
Above low-water mark.
....Above low-water mark.
Feet.
10
inch
-1
1
8
13
11
;>
14
3
0
10
39
4
17
6
1S71
7
until
110X00
2,227,550
Since
|
This i
t
Since
—
6,000; 08,000
This
week.
j Since
Sept. 1.
10,000 141,000
77.029
11,319
41.000/11.819
; 9,000;
Europe
were
21,319 218,029
18,000 bales.
ending
Europe
Manchester Market.—Our report received from Manchester
'-night states that the market is active, but not dearer. We
give the prices of to-day below, and leave, previous weeks’
prices for comparison.
t
1883-4
1882-3.
■
32* Cop.
Twist.
Nov. 9
“
16
23
“
30
Dec. 7
“11
“
21
“
28
Jan. 4
11
“
37ie®
8*1(3 ®
8
8r>«
8 r»8
8-'k;
8*6
8^6
!
SH lbs.
Shirtings.
d.
a.
Inch.
10
100.000
1,720,000
A oaDtar is 98 lbs.
Jan. 10, .’81. Jan. 11. ’-3.
Feet.
4
21
0
1)0,000
2,1 12.000
This statement sli ows that the
receipts for the week
Jan. 9 were 90,000 cantars and the
shipments to all
13.
New Orleans
1881-82
Exports (Dales)—
est
aging 34.
The following statement we have also received
by telegraph,
showing the height of the rivers at the points named at 3 o’clock
January 10, 1884, and January 11, 1883.
IsS- S3.
,
This
have had
Columbia, South Carolina.—It has rained on one day of the
week. Snow fell here during the week, and ice formed on six
nights. The thermometer has ranged from 10 to 00, aver¬
1883-84.
This week....
8inc«3 8cpt. li
Atlanta, Georgia.—It has rained on two days of the week,
the rainfall reaching seventy-live hundredths of an inch.
We
snow.
The thermometer has averaged 24, the
high being 48 and the lowest 1.
Charleston, South Carolina.—We have had rain on three
days of the week, the rainfall peaching four inches and thir¬
teen hundredths.
Average thermometer 30. highest 00, lowest
j
ft
9
9
5
5
9ie; 5
910,5
3
3 9‘8 5
* 9
|5
3 S7s.o
3 6 V5
8 le 3 9
15
8 b» ft> 9
!5
d.
6
6
7
7
7
8
b.
37
37
3)7
37
3)7
37
7
37
37
1
1
j
^
1 32* Cop.
lwisf-
Up! *)
d
1 ss
1 ^
inj
1 k>
18?
2*2
512 36 1 1 *2
5 83 3 6 11 is
7
Cotvh
Mid
|
d
57e
d.
d.
8H lbs.
j
Shirtings.
i r.
d.
j 91 in3 944,5
6
876 3
578
i
87e 3
504,•] S7h
51;{
1
b.
931(;# O^e 5 Ui-2 37
10
3
9V6 3
9!«'6 3
9V6 3
51^161'87e 3 9
5%
!
3
6
87e 3 9 kb 6
j (<! 813 j H 3 971 ft! 6
5ir>((.
sr>8
ct
g>
9% 6
«)i4T>
37
37
37
37
37
d.
6
9
9
9
OotV
Mid.
Uptd
d.
6ie
6i0
GJ8
6
1^37
112®7
7*2
7*2
712
515W
513^
1
0
7
6
51 Lft
ollift
37
37
53*
EvV^J
January 12,
THE CHRONICLE.
lSi'4.]
The South Carolina Act
against “ Future Sales
la the
stated that the South Carolina Senate
declaring unlawful contracts for the sale of
CHRONiCLEof Dec. 15
has
passed
a
bill
articles for future
movement for the years named.
since September 1, 1883, has been
we
delivery.
We give the
act in full below
Receipts.'1SS3
remedy
every contract, bnrgaiu or agreement, whether ver¬
bal or m writing, for the sale or transfer at any future time oi a
certilieate, bond or other evidence of debt due from the United States or
from an individual State, or of stock or a share or
interest in
the stock, or of the bonds of any bank,
city, village or incor¬
poration of any kind whatsoever incorporated under any law of the
United States or of any individual State, or for the sale or
transfer at
any future time of any cotton, grain, meats, or auy other animal, min¬
eral or vegetable product of any and every kind, shall be void u<
le-s the
party contracting, bargaining, or agreeing to sell or transfer the same
is at the time of making such contract,
bargain or agreement the
owner
or
assignee thereof, or
is at the
time
authorized by
the owner or
assignee
thereof
or
his
duly authorized agent
to make and enter into such contract, bargain or
agreement for the sale
or transfer of such certificate, bond or other
evidence of debt, cotton,
grain, meats, or animal, mineral or vegetable product so contract ed for,
or unless it is the bona title intention of both
the parties to the said con¬
tract, bargain or agreement at tin*, time of
making
the same, that the
said certificate, bond or other evidence of debt,
cotton, grain, meats, or
other animal, miueral or vegetable product so
agreed to he sold or trans¬
ferred shall be actually deli \n*red in kind
by the party contracting to
sell and deliver the same, and shall be
actually received in kind by the
party contracting to receive the same at the period in the future ‘men¬
tioned and speciliod in the said contract,
bargain or agreement for the,
transfer and delivery of the same.
Sec. 2. In.auy’and all actions
brought in any'court to enforce such eon
tracts, bargains or agreements, or to collect any note or other evidence
of indebtedness, or any claim or demand-whatever
founded upon any
such contract, bargain or ugreem nit. the burden of
proof shall be upon
the plaintiff to establish that at the time of
making such contract, ■ argainor agreement the party making the same was the owner or
assignee
of the certificate, bond or other evidence of
debt, cotton, grain, meat, or
other animal, mineral or vegetable
product so agreed to be sold and
transferred, or was at the time authorized by the owner or assignee
thereof, or liis duly authorized agent,
to make and enter into such eon.
i!;;ct, bargain or agreement, or‘’that at the time of
miking : ti ii con¬
tract, bargain or agreement it was the bona
fide intention of both
parties thereto that said certificate, bond, or other-evidence of debt,
cotton, grain, meats, or other animal, mineral or
vegetable prod act so
agreed to be sold ami transferred, should be actually delivered and re¬
ceived in kind by the said
parties at the future period mentioned tht rein.
Sec, 3. Any person or persons so
contracting, bargaining or agreeing
for the sale or transfer of
auy.of the aforesaid commodities, iu violation
of the provisions of this act, Who shall
pay over L>
any one or more per¬
son or persons
any sum or sums of money for and on account of a loss
sustained by reason of such
contracts, bargains or agreement, -•'hull lu¬
st liberty, within three months next
ensuing after .-uch payment, to sue
atnl recover the amount so lost and
paid, or any part thereof, from the
person or persons to whom he or they shall have
paid t he same, with
costs of suit, by action fo be
prosecuted in any court of competent juris¬
loser that' be has actually paid o\or the
money to the party against whom the action is brought
shall be
regarded asprimn facie, establishing the ea-e against such
party ; and
an.\
diction, and the oath
of the
person who shall act as agent or middle man in the
making or exe¬
cution of any such
contract, or who shall accept or receive and forward
any moneys, drafts or bills of exchange in furtherance
thereof, shall be
held liable in an action
by the party to recover the amount or value of
the money so received, or the value of the
draft or bill of exchange so
accepted
or
forwarded.
Site. 4. Any person or
persons who, by virtue of the provisions herein
contained, shall or may be liable to be sued for the said mom vs so
paid
to him or them, shall be
obliged and compellable to au-Wri* upon oath
such order or orders as .-hull he made
against him or them for discos eriug the stun and sums of. money so paid to him or them as aforesaid.
-Sec. 5. All notes, lulls,
bond.-, judgments, or oilier securities or con¬
veyances Whatever, given, granted or entered into, or executed
by auy
person or person.', whatsoever, where the whole or
any pan of tlu* con¬
sideration of such conveyances or securities shall be for any money lost
by reason of any contract-entered into in
violation of the provisions id'
this act, shall be
utterly void, frustrate and of no .effect in all intents
and purposes v hatev«T. *
Sept’mh’i
j
direct, a supply of all grades
for spinners’ wants, and immediately on
the receipt of orders can
ship to any
indicated.
The firm has secured the services of Mr. point
H. V. Sanders,
late of Cincinnati, who will
give special attention to this
Department. They will do nothing in futures and do not
seek consignments of cotton from
producers, but will
consult the wants of spinners and endeavor to fill specially
orders to
of cotton
adapted
and these are light at the moment.
Prices are unchanged,
dealers not being willing to accept less than
quoted figures for
the parcels moving, and the
prices at the close are 9Mu. for 1%
lbs, 9%c. for 1% lbs., 10%@10^c. for 2 lbs. and 11 %c. for stand¬
ard grades. Butts are not active,
only a few
transactions
being reported. The feeling is rather firm, jobbing
however,
and sellers
are
quoting 2 5-16(g2%c. for paper grades and 2 9-16@2%c. for
j 1880.
October.. '1,01(3,092
429,7771
930,584 j
853,195]
1879.
458,47s
908,31s
974,013 jl, 006,501
NoveinbT'; 1,030,330;i,094,6371
DeoembT 1,05 ',653 1,112,536
j 990,807 1,020,802
Totalyear 3,179,937 3,514,473j3,253,822;3,454,0
i
P
rrc’tage of tot. port
receipts Dec. 31..
!
58 33
!
j
03 93
1873.
333,643
888,492
942,272
956,101
288,843
689,204
779,237
393,004
9 3,120 8 71 2,051 013
5S 80
02-39
5960
This statement shows that
up to Dec. 31 the receipts at the
this year were 34,5315 bales less than in 1882
and
22'5,115 bales more than at the same time in
1881.
By adding
to the above totals to Dec. 31 the
daily receipts since that time,
we shall be able to reach an
exact comparison of the
movement
for the different years.
ports
1883-SI. ; 1S32-S3".
1831-32.
Jan. 1
1879-80.
1878-79.
3,253,822 3,454,099 3,120,871 2,651,013
49,366
8.
20,294
15,770
9,614
19,952
“
2....
4
18,208]
3....
18.888'
“
4....
19,977
-29,181
“
5
11 490
“
1880-81.
3,179,9371 3.514,473
Tot.De.3I
35,438
24,050
28,830
8.
30,208
24,328
23,424
30,790
22,227
30,437
33.895
17,920;
23,405
11,80 s
13.3, >7
31.713
37,231
10,773.
8.
14,919
23,5 48
22,900
19,929
33,248
14,528
S.
0....
8.
’*
7....
20,021
17.951
‘
25,039
8....
9,080
30.0 >3
8.
9....
10,385
19,749
21,040
17,280j
1
17,551
34,702
14,394
20,010
20,949
25,770
10.318
26,830
18,066
20.411
23,926
S.
13.778
*
•10
‘
.
11
1
.
Total
8.
1,73 A;
1,1291
8.
15,187
3,047,207 3,833,290 3,450,008 3,027,000 3.330.752
2,854,160
...
Percent ag e of total!
port rec’pts Jan. 11.
|
03 08
.
73-23
01 • 75!
00-71
01-18
This statement shows that the
receipts since Sept. 1 up to
to-night are now 186,092 bales less than they .were to the same
day of the month in 1883 and 190,539 bales more than they were
day of the month in 1882. We add to the table
the percentages of total port
receipts which had been received to
January 11 in each of the years named.
to the same
The Following
Gross Receipts
are the
York; Boston, Philadelphia and Baltimore
and since September 1, 1883:
N i:\v York,
/it
a
j
‘i‘ts
from-
7 'ii
-
i ,•>
week.
Since
Seat. i. ;
Sow Orlcai!'.
0,344
135.417,
2,090
135,134
Savannah.
4,799
..
Boston.
ih in
Texas
k.
iCn
Carolina..
No. Carolina..
So.
3,338
Virginia
1-1 1
5,014
4,791
<s,a 78
051
17.2.,5|
10,048
North’n port
Tennessee,iVe
Foreign
0,51)4
70
j
SO,402] 742,004]
Last year...
90,80!
of
Since
Week.
.svpf. 1.
j Th is
i week.
2,130
...'
40,98 >
10,20!!
5 >23
4,799
9,325
o,4
j
|
35,733
53,551
30,431
293
.
0,71ff
i
19,535
213,100
2‘jjo
715,010' 21,100.
240,410
5,330
50,050
Since
Sei>t. L
£.690j
j
44,195
754!
12,350
18,055
1,385]
1,000 j
27,509]
,
;
;
]
0,1*35
<•>
1,004:
This year...
The Exports
Tli in
St).(. !.
....
182,120,
57,921
IMuladelpii’a] Baltimore.
Since
1,100
1.453
s
Cotton at New
of
for the past week,
!
i
Mobile
.
.
55,003
j
.
3,085]
7,007
J
7,010;
137,821
81.112' 19,000!
109,800
Cotton from New York this week
show
an
increase, as compared with last week, the total
20,256
bales, against 14,792 bales last week. Below wereaching
give our usual
table showing the exports of cotton from New
York and their
direction, for each of the last four weeks; also the total
exports
and direction since September 1,
1883, and in the last column
the total for the same period of the
previous year
Exports
The house is well known in Louisville
and has for its New York
correspondents the United States
National Bank and Messrs. Latham, Alexander & Co.
reported beyond jobbing orders
1881.
320,056!
of
their entire satisfaction.
Jute Burrs, Bagging, &c.—Th« market has been
rather quiet
since our last, no inquiry being
1SS2.
313,81.2
Florida
—The attention of cotton manufacturers is invited to tlie
card, on the last page- of the Chronicle, of Messrs.
Payne,
Vi ley & Co., cotton commission
merchants, at Louisville, Ivy.
This firm has been in business for a number of
years, receiving
cotton from the South on
consignment, and they have just now
determined to change in a measure the character of their busi¬
ness by
giving sfiecial attention to the requirements of Northern
manufacturers. For this purpose they
will have on hand or
under their control at Louisville and other (Southern
points,
from which they will ship
The movement each month
follows.
as
Year Beginning September I.
1ionthlu i
:
declare unlawful contracts for the .sale of articles for future
delivery made under certain circumstances ami to provide the
An Act to
in such cases:
Section 1. That
67
Cotton (bales) from New York; since
8ept. 1. 1883.
Week
Exported to—
Liverpool
Dee.
‘29.
Dec.
27.
ending—
Jan. j
|
3.
Jan.
10.
Same
Total
pa iod
since’ pmi as
Sept. 1.
year,
Other British ports
12,363 15,724 10,762,12,945 188,308
257 C.
303
00; 1,002
17,055
1, i ,
i
Total
12,3163; 10,027
to
Great Britain
i
Havre
Other French ports
2,351
1,310
10,828.14,007
834,
205,923:261,04
1,514
24,700
18.34L
100
t
Total French
2,351
1,310
884
1,544
24,700
18,440
bagging quality.
Bremen
1,358
1,070
Other ports
271
394
1,460
Comparative Port Receipts and Daily Crop
Movement.—
A comparison of the
port movement by weeks is not accurate
500
980
199
750
3,004
1,000
15.578
19,423
3,033
23,094
30,002
22,903
38,322
Totalto North. Europe
2,023
5,540
3,080
4,582
61,095
91,227
Spain, Op’rto,Gibralt’r,<fce
74
123
2,232
4,234
123
5,199
6,676
the weeks in different years
the month. We have
as
do not end on the same day of
consequently added to our other standing
tables a daily and monthly statement, that
the reader may
constantly have before him the data for seeing the exact relative
Hamburg
All other
1
331
~
Total
Spain, &o
408
j
......]
1
i
Grand Total
2,907
17,150 22,877 14,792 20,250
2,442
296,917'377,391
cotton from the United
mail returns, have reached
145,093 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
Shipping News.—The exports ot
8tates the past week, as per latest
night of this week:
New
(Br.),—2,293 bales cotton had been salved up to Docernthe steamer Queen (Br ), from Charleston via Newport
News for Liverpool, previously reported ash »re on the Island of
Nargeu. From the 22d to tlie 26th but 66 bales had been salved,
the weather preventing salvors from working.
Queen, steamer
ber 22 from
316-1334"
Liverpool, steam d. 532^3ig* 532®3i6* 532®31o* 316-13C4* 3lfa-13G4'
steamers Britannic, 1,345..,.
1.298....Holbein.' 1.293....Lake Manitoba, 3.208
3.413
1,084
12,945
JL fVM)
1,062
;
1,544
199
750
2,092
Rnyter, 146
2,092
1,395
Aivali, 4.865 —
Archimedes. 2,639...Juana, 2,TOO.. R.-membrance, 4,502
To Havre, perf-teamer Alexander Bixio, 4,200
per ships
Charles, 5,238
Scotia, 3,847
per barks''Alberto, 1,392
Bertlia, 3,954
Roma. 3.501
Unita Parenta, 1,802
and 75 Sea Island
per ship Yamlnara,
To Havre, per bark Frida. 1.300
To Sebastopol, per steamer
123
Amst'd’m, steams.
1^*
Lira
Jive men Amsfcrd Haul- it 11 lil (f: Scb't:s’-
-
pool.
New York.. 12,9 15
N. Orleans. 14.706
Mobile
3.989
2.7 31
Charleston.
Hull. Havre,
1,062.
1
Galvesom..
12.798
Wilmington
5,833
Norfolk
West Point.
16,147
949 3,633
850
JiftVCC-
Iona.
1,123
3* d) 7e*
V
58
56'
38
Trieste, steam ...c.
Cg*
V
Antwerp, steam..c.
3»*
38*.
38 *
68*
3d*
Sq*
38*
usual
Sales American
Actual export
Forwarded
265.000
283.900
87,001
4,00!
279,00'
81,000
379,000
305.000
The tone of the Liverpool market for spots and
day of the week ending Jan. 11, aud the daily
of spot cotton, have been as follows.
closing prices
2.731
17.027
14.152
Viia.Orl’na
0.95 8
10.147
5,100 2,226 U\093
York to Genoa, 123 bales,
this week of vessels carrying
bringing our data down to the
id
•
Firm.
413,000
Havre—Jan. 8—Bark John Watt, 3,750.
Bremen—Jan. 7—Steamer Aza ea, 4,8uO.
Barcelona—Jan. 4—Barit Souvenir, 1,500
Ian. 9—Steamer
( ristobal Cohm, 4,098.
Fur .Malaga —Jan. 7 —Steamer Pontiac, 3 508.
For Vera Cruz- Jan. 5—S e oner city of Mexico. 667.
Mobile-For Livcrpo d— Jan. 9—Balk Juno, 3,125.
Savannah—For Havre-Jan 8—Barit Ibis, t.Oou.
For Bareelon —Ian. 9— B irk Mary K. Campbell, 1,700.
Eor Genoa—Jan. 7—Baik Viator, 1,45(0.
Charleston—Eor 11 tvre— Jan. 9—Bark Elverlmf, 1,330.
Fo B ircelona —Jan. 1 — Brig Int -gridad, 800
1.101....Jan. 7-
Sivab,
Jan. 9—
Norfolk—For Liverpool—Jan. S—Bark Strathtay, 3,859
Steamer Kingdom, 6,140.
For Sebastopol—Jan. 5—Ste nner Colombo, 5.420.
BnrrilL
Newport News
For Liverpool—Jan. 4—Bark Annie
Boston—For Liverpool—Jam 4—Steamers. Bavarian, 2,031; Samaria,
947
Ian. 8—S eam r Kansas.
.
RvLTiMoi:::—For Liv* rpool— Jan. 7—Steamer Casnian, 1,100.
Philadelphia -For Liverpool—Jan 1—Steamer British Princess, 2,221
5— Ba.lt
give all news received to date of disasters to vessels
carrying cotton from United States ports, &e.:
Britannic, steamer (Br.). at New York, Ion ling for Liverpool.
About
15o bales cot ton l i the fore lin'd of the steamship Brit limit*(Br.).
ioadingat her wli irf foot of West Tenth Street. North River, New
York, was d seove-red to be on tire at 11 A. M. January .
In less
than one nour ami a half the lire was subdued, and tin* freeing of
the compartment from water ami discharge of all the cargo
theit in contained was at once begun, and by 1 A. M. ou the. 5th
all w as got out. t he eon partment tilled wit h additional bales of cot¬
ton and at 10 A. M. the vessel was ready for sea, leaving at It :30,
and was out clean of tlurbar, Sandy IIo k, at 12:2 4 P. M.
Wednci.
Thursd’y
Friday.
Steady.
Steady.
Firm.
llarden’g.
Firm.
3aloa
3pec.& exp.
'
515i6
51-Gg
•r>1516
d171«
5»»ie
6%
6a8
0]s
6*8
61b
CDs
15,000
2,000
12.030
12.*>00
15.000
12.000
1,000
1,0.00
12.000
1.0)0
2,0 JO
1,000
Futures.
Marker,
12:30 p.m.
(
Quiet.
Firmer.
Steady.
Firm.
Firm.
Firm.
Market,
(
Steady.
Firm.
Firm.
Firm.
\
Steady.
Firm.
5 P. M.
j
opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are ou the basis of Uplands, Low Middling clause, unless
otherwise stated.
The prices arc given in pence and 6 4ths, thus: 5 62 means 5 62-64d.,
The
met 6
3-64d.
03 means 6
Mon.,
Sat., Jan. 5.
.
1
[
r.
an.
.
January
....
—
5 00
1
....
5 00
Jan.-Feb....
5 60
Feb.-March
5 63
Mar.-Apr...
ft 02
0 03
1
pril-May..
6 03
0 (Jo
J d 05
A
May-June
6 09
13
une-July..
0 13
d
J uly-Aug...
6 16
0 10
J
Aug.-Sept
....
Sept.-Oct...
Oct -Nov....
Nov.-Dec..
■
d.
d.
d.
d.
5 5 '■)
5 50
5 59
i
5 0u
5 00
1 3 60
5 59
5 5‘..
5 53
5 59
; 5 59
5 09
5 02
ft 02
5 0i
0 03
|
....
0-.‘.COS
5 59
5 00
5 02
ft 02
6 02
0 01
ft 02
d 00
0 02
0 05
0 C5
0 04
!
0 05
0 03
0 05
0 03
0 05
ft 0
0 ( S
6
07
!
6 0S
! 0 07
0 OS
0 07
0 cs
0 14
0 14
0 14
j
j
ft 11
0 12
0 11
0 15
0
13
« 15
6 15
0 IS
0 IS
0 IS
0 IS
j!
0 14
•
...
-"i -i
Wednes;,
!
ft 00
0 02
::::
i
....
....
d.
5 01
ft 16
...j
j
5 60
5 61
0 12
....
d.
5 00
5 0!
0 10 ;
....
j
5 02
0 12
....1
I
5 62 ! 5 01
'
0 12
.1
..
1
d.
0 02
6
N.
Clog.
r-
!
5 59
5 02
5 53
6 09
.
l
Jj
Open 5[S
Open High Lo w. Clos.
■e
•e
•e
d.
Tues., Jan. s.
j
1
|
Open HighlLowJ Clos.
i
•
•
•
...
...
....
1.
Thui’M.*
Jail. 9.
Fri., Jan. 11.
Ian. 10.
*
'
—
Illinois, 1,200.
futures each
Tuesday.
5151G
Upl’ds
5,833
For
For
For
vs e
109.0'M.
82.000
Saturday Monday.
$
Jan. 5—
Madonna,
1.172.
Orleans-For Liverpool—Jan. 4—Steamer Clare, 5,100; ship
N. tiie Murphy, 4,460;
bark Josip. 1.801
Ian. 5—Steamers
Tan. 7—
Enrique, 1,600; Iltctor, 4 400; Statesman, 3,4 2.6
Below
356,00c
Spot.
?
Galveston-For Liverpool—Tan. 4—Bark Barracoota, 1,928
Barks Njord. 1.4,3; Jennie Sweeney, 2,127.
For Havre- Jan. 5—Bark Sperauza, 1,604. .Jan. 7—Bark
Ian. 8—Steamer
3.700
21,000
696,000
35
6,319 4,758
Wfl.ming ton— For Liverpool—Jan.
Steamer Woodstde, 5 020.
55,000
50,0< m
4,30
16,500
7,000
8,900
97,000
353.900
2.UU0
8—Steamer Victoria,
2.500
6.400
315,000
Market,
2,000
Caste Jo, 6,666
Ian.
Jan. 9—Steamer Gang s. 5,750.
1,024
457,000
112,000
12:30 p.m.
Phiiadelp’u
Steamer
5 10
129.000
46.268
3.989
3,635
New
81,000
4 2>V-
679.000
20,256
3,749
3.03 5
Below we add the clearances
cotton from United States ports,
latest mail dates:
71.030
641.90'
416,000
117.001
3,749
1,062 27.628
36,00(
2,0 00
28,out
15.000
573.000
Total stock -Estimated
Of v/bieh American—Estnn’d
Total import of the week
Of whicn American
\ mount a boat.
Of which A mprittitn. ...
Tot,. I.
Baltimore..
Boston
97.311
Of
4,8 ;0
l,u70
36,099
8,700
Jan. 11.
Jan. 4
Dec. 28
51,000
bales.
took ...
which speculators took..
8ale8 of the week
Of which exporters
2,850
Included in the above totals are, from New
and from Galveston to Vera Cruz, cOl h.ilos.
.
Dec 21
4.731
Total...
Compressed.
38*
12,796
2.8 50
4,731
Newport N.
3S'
V
-
c.
11,227
1,360
5,100
our
5,100
932*
2.000
2,228
5,400
1,300
1,227
Savannah..
1,5 11
23,031
Antin'p. Input.
ban/.
93d‘
34@78*
.115,093
follows:
932*
....
....
....
9oo*
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.
Lord. Clive, 2,0U0...
in
932*
!
....
fl32‘
®8‘
V
Wilmington—To Liverpool, per
Hama, 5,833
2,318
Manry, 1,8-w
1,125
To Amsterdam, perbiig Hermann Friedrich, 1,125
Norfolk—To Liverpool, per Mcamers Nealged, 8.020
Tun- 16,147
stall. 3.23.3
per bark Ilav Grct n. 1.892
2 850
West Point—'To Liverpool, per hark Johann Ludwig, 2,850
4,731
Newport News—To Liverpool,
, 4,731 —
Baltimore—To Liverpool, per steamers Hibernian. 2,022
3,749
1 a’>e Xenigon, 1,72?
Missouri, 3,635
Boston—To Liverpool, per steamers Istrian, 782
arranged
....
bj*
....
3Adi7s*
'
.
38'
....
....
•
-
-
Barcelona, steam, c.
2.731
....
38’
Genoa, steam...-.c.
3,989
501
barks Erragon, 1,628
particulars of those shipments,
sail
-
...
....
d.
Reval, steam
650
501
Total
716*
....
....
....
....
sail.-.c
Do
2,228
Latona, 1.818
Brilliant, l,5(/3
To Havre, per bat k Dagimir, *50
To Vera Cruz, per si earner Whitney,
Philadelphia—To Liverpool, per steamer
....
_
....
38
38*
6, toO
Upland
Cydonia, 5,100 llnland
Galveston—To Liverpool, per steamer Palm, 4,600—per ship
Ceylon, 3,0 O ....per balks August Lettler, 1,877
....
....
Hamburg, steam, c.
sail.-.c
Do
23,934
5,138 Upland
716*
—
.
716*
1332-7ib* 1342-7;0‘ 4322-716 1332_T16 i332'716
»
barks Jedanesti
716*
....
1,541
Do
Dubrovacki, 2,474
Signal, 1,515
Charleston—To Liverpool, per barks Anna and Maria, 4,400
Upland
Yale, 1,292 Upland and 39 Sea Maud
8 WANnAll—To Liverpool, per steamer Harrogate, 6.014 Upland
Mobile—To Liver mol, per
c.
Bremen, steam, .c.
Do
sail
c.
14,700
tOO
Haro, 2,228—
....
7u*
....
sail
Do
199
750
Westernland,
716*
.
....
....
...
.
Havre, steam....c.
—i
1,544
To Genoa, per steamer Ale si a, 123
New Orleans—To Liverpool, per steamers
To Bremen, per steamer Ixia, 5,
To Barcelona, per steamer Jose
sail...d.
Do
Wyoming,
Republic, l,3c4
To Hull, per steamer Marengo,
To Havre, per steamer Aineritp.e
To Bremen, per steamer Ilabsburg,
To Hamburg, per steamer Rugia,
To Amsterdam, per steamer Edam,
To Antwerp, per steamers De
are as
Fri.
Thurs.
Wednes.
Tues.
Mon.
Sat nr.
Lake Winuepeg,
The
form,
follows:
freights the past week have been as
Cotton
lota / bale»
York—To Liverpool, per
Gallia,
XXXVIII.
[ VOL.
CHRONICLE.
THE
66
Open High
d.
I
5 60
Jan.-Feb....
Feb.-March
0 f 0
Mar.-Apr...
6 01
pril-May..
5 03
0 07
0 10
ft U
0 13
July-Aug.-. G 17
-Vug.-3ept..
0 17
Seyt.-Oct...
Oct.-N
>v...
Nov.-Dec...
....
j d.
! 5 62
Open High
Open High Low. Clos.
Low. G7os.
d.
d.
d.
d.
1
5 01
5 01
5 0i
5 61
|
5G0
5 01
5 00
5 61
1 5 *4
5 61
5 00
5 01
5 63
0 00
5 63
0 00
1 5
63
0 00
5 03
6 00
6 01
1
6 03
0 04
6 03
6 07
0
07
ft 06
014
6 07
d.
....
d.
d.
d.
....
6 02
0 05 ' 6 00
0 03 0 09
0 02
0 03
6 02
0 00
6 07
0 06
0 06
6 10
0 10
6 10
0 10
,
ft 10
0 10
0 10
0
| H 13 0 13
0 13
0 14
ft 13
0 14
10 14
0 14
0 14
0 14
0 17
0 17
0 17
0 17
0 17
0 17
0 17
0 17
0 62
0 17
6 17
....!
....I
....
....
5 02
ft 04
6 07
Clos.
j 5 39 ! 5 00
ft ( C
Vay-J une.. 0 10
Jnr<»-July..
d.
d.
January—
\
j Lo w.
....j
••
J
.
....
....
•
...
....
•••
....
|
10
January
THE
12, 1884.j
BREADSTUFF S.
FRIDAY.
slowly, and, the
Flour has sold very
supply being large, prices
abroad, moreover, is quite liberal,
and this is the chief reason for the dulness of the export trade.
Hungary is now an active competitor with the United States for
the trade of England, and it is stated that the production of Eng¬
lish mills has increased. To-day the market here was dull
have
The supply
declined.
and still
The movement of breads tuffs to market is indicated iu the
statements below, prepared by us from the figures of the
York Produce Exchange. We first give the receipts at Western
Lake and River ports, arranged so as to present tha compara¬
tive movement for the week ending Jan. 5 and since
X
for each of the last three years:
New
11, 1884
P. Mi, Jan.
demand for export as a rule,
though on one or two days the trade showed some signs of
improvement. There is too much wheat in the foreign markets,
however, and not even the present low rates for ocean freightroom are sufficient to stimulate the foreign buying.
The specu¬
lation has likewise been confined to moderate limits as a rule
and prices have declined. The most noteworthy occurrence of
with only a light
the week was the
wheat in
i
bushels of No. 2 red
which is something almost unprecedented.
pronounced by the inspector-in-chief to be
warm and weevily.
Some of it has been held in Brooklyn ware¬
houses since the fall of 18S2. The postmgs were on the 7th
ana 8th instants ; since then only 12,503 bushels have been
182,208
220,053
43,012
Milwaukee..
1,048j
Toledo
3,795
Cleveland....
122,176
1,543
18,201
16.980
3t. Louis
80,824
900
11.250
Peoria
•
|
Superfine
Spring wheat extras..
MiniLclear and stra’t
4 003 5 75
Wintershipp’gextras. 3 253 3 Go
Winter
clear
and
straight
4 003) 6 ('O
spring
5 5t 3 6 85
6 75
5 25 3
Patents, w inter
i
Spring,per hush.
Spring No. 2
Bed winter, No. 2
Red winter
White
White No. 1
Co n— West, mixed
West. mix. No. 2.
Whin Southern..
Yellow S nrliern.
Western white...
95
1 ot
1 0.1
94
1
n i 13
71
it 1 14 ]4
ft 1 > 7 q
.
95,140
48,275
■
07
90
ft 1
1 1
51
66
7t
15.4
7t
72
64
d
65
60
..
......
.
66
a>
<t
.
.
.
.
.
71
..
.
54,057,381 32,512.030
4,760.74(3 51,817,072 35,340,387 20.238,504
3,844,1821 20,132,747, 01,131,075 10,837,552
1883
51,703.197
4.55C.929
1882
1SS1
.
•
*
.
Flour
bbla.
bush.
Wheat
Corn
Cats
St O',
six-rowed
Buckwheat
.
...
.
70
a
80
©
1881-.82.
1881-81*
327,323
529,911
252,730
344,308
564.212
616,328
2,619,28 >
550,814
327,898
1.395,555
1,422,772
745,211
3.51,203
91,690
1,051.792
423.337
73,210
57,138
»/•
s04.79'5
354,911
101,77(5
_
3,684,935
3,144 600
4,818,950
3,361,193
Total grain
the
fox
1882-83.
233.874
Barley
Bye
the rail shipments from Western lake and river
ports for four years:
1-81.
1882.
1883.
1884.
Below
are
Week.
Jan. 5.
Week
Jan. (>.
Jan. 7.
Week
Jan. 8.
bbls.
147,8 36
266,747
143,162
157.587
bisli.
269,273
231,276
314,273
513,533
99 i,885
336,0.3
1,174,272
’671,389
7,80.601
20i339
31.314
337,277
118.265
44,368
477,494
176,894
53,04(5
2,119,929
1,435,572
2.036,433
Flour...
Waeat..
Coen....
,
Oats....
......
.......
*
Total.
for last four
shipments from same ports
The rail and lake
weeks were:
Week
ending—
Jan.
5.
Week
478,728
116,523
32,907
Barley...
Bye
Flour,
Waeat,
oats.
bush.
Rye,
Barley,
Oats,
bush.
336.62 1
* Corn,
bush.
bush.
147,836
269,273
991,835
179.4 42
291.931
952.2)3
315,474
223.514
257,656
378.379
439,290
1.030.995
9)4,147
396.20 2
bush.
116.523
117,351
181,901
174,893
251,985
89,677
Tot.,4w. 813,498
1,332,381
1,240 238
3,929.320 1,520,192
4.6o 1,883 1,806,368
670,760
761,673
187,930
29.
Dec. 22.
Dec. 15.
Dec.
4w’ks’83. 903,457
receipts of flour and grain at
The
week ended Jan. 5 follow:
Flour,
obis.
125 5 38
At—
New Yoi
Boston.
Philadelphia...
Rye,
Oats,
Barley,
bush.
bush.
bush.
120,272
158,403
28,500
85,350
15,300
17,338
147,131
35.8 17
16.73 7
35,500
67,052
274.421
294,896
the seaboard ports for the
bush.
5,500
6,69 1
7.341
12,167
138,249
Corn,
2 9.8 4.2
Baltimore
New Orleans...
24.231
41.115
bush.
77,570
19,582
32,907
Wheat,
66.8 84
228,163
707,913
500
10.350
24,600
62.050
5.589
m
•
.
m
3,610
m
22,950
113,238
1091,783 1 ,512,255
450
2,500
S3 691
85.599
60.500
97,476
21,893
290.137 125.750
498,460 77,250
13,536
the same ports for the perio i
Jan. 5, 1884, compare as follows for
The total receipts at
Dec.
24, 1883, to
years:
1884-81.
1882-83.
1881-82.
54 4,00
>
664,173
400,612
1,657
2,090,77 3
2.33 >.09 4
911,9 ,3
.311,702
bbls.
Flour
bush.
Wheat
C)rn
Oats..,
47
1,5 16,576
523,077
Bye
25.5,7 5 D
30,752
,
Total
grain
..c
2,923.312
1
2
602.032
160,233
.547,618
20,53 4
70 1.42 L
20 7,012
11.161
5,93 4,330
3,1 17,192
4.563,737
8 50,74 I
173.15 5
*
from
j
—
137.641
66,203
Bost
hi.
..
Port and
45
Phil trie!..
4 1 %
BaLim’re
N.O.Tna
When*.
Corn.
Bbls.
Bash.
Bash.
105,167]
‘go
,159
19,103
Montreal.
1.5.355 j
1931
039
89,226
865
69 i
40.379
83.69 i
31S
41.000
6 l 076
13-
ending
Tot d w’k.
i time
1864.
..
1
Oats.
Bu:h.
j
3,050
„
_
Rye-
Peas.
Bush.
Bush.
46,423;
1,389
23,450
'
i
.
...
i
31,592
90
3’m
_
..
Flour.
„
foui
508,834
several seaboard ports for week
in the annexed statement:
\
Exports |
from
IS 80-81.
The exports from the
Jan. 5, 18S4, are shown
75
41
/ 5
85
2,198,210
2,704,794
8,104,038;
1833-84.
1,854,178
652,097
New York
»>;>
5,292,700
9,000,085
pons
four years,
43
85
11.730,429
comparative shipments of flour aud grain from
from Dec. 24, 1883, to Jan. 5, 1884, inclusive,
show as follows:
The
same
.
.
|
|
SinceAug.l—
.
.
•
372,200
-West’u Yell.
..
•
103,233
420.457,
3 2D3> 3 10
61
70
a
rtye—Western
.74
n
Slate A Canada
39
©
Oats—Mixed
40 Li rt
White
a o Li ft
No. 2 mixed
41 "s *
No. 2 white
©
Bariev—No. 1 Canada 89
.83
©
No. 2 Canada.
©
Stale, two-rowed... 02
Corn
•
240.113'
492,019
GR UN.
Wnoat-
•
934.559
3 003 3 3.3
100 14m
7,500
•
■>
Barley
Brandywine. Ac... 3 35 3 3
Buckwheat Hour, $
7.700
1
1,232,277
The weather has
Corn meal—
Western, Ac
0,000 f
1.924 83(3
00© 5 45
J 35 j family brands
4 25 3 6 25
4 75 i South’ll st ip’g extras 3 503 5 50
Rye Hour, superfine.. 3 303 3 75
2 60©
3 75 3
43,070
131,198;
City shipping extras$o
Southern bakers' and
,
154,175
•••••«
Same wk. ’82
FLOUR.
2 2 >© 2 00 ;
17,307;
2,059.370
closing quotations :
bbl. .12 00© 2 60
45 90S
1,000.253
574,272
and much of it arriving
their natural influence,
although it is also claimed that January “shorts” in Chicago
have been depressing prices in order to cover to better advantage
The visible supply in this country has increased somewhat.
The most unfavorable feature of the market at present, how¬
To-day the market
ever, is the s’owness of the foreign trade.
was quiet and ^ to l/£c. lower.
The closing prices for No 2
mixed were Otic, delivered, G3%c. for January, 04%e. for Feb¬
ruary, 65%c. for March and 60%c. for May.
Rye and barley have met with a moderate demand at about
steady prices, though the market closed quiet and somewhat
depressed. Oats have also been only moderately active and have
declined slightly. To-day No. 2 mixed sold at 40%e. for Janu¬
ary, 40% (d 11 %c. for February and 43%@43%c. for May.
Nt.. 2 spring...$
No. 2 winter
11,032]
2.035;
1,137,357
latterly been bad for drying the crop,
has been poor. These facts have had
The following are
1,500
i
prices.
.
10,293
391.2(30
$1 00% for January, $1 09 for February,
$1 11% for March, $1. 13% for April, $1 15% for May and
$1 15% for June. These prices are 2%c. to 3c. below those of a
week ago. The winter wheat is now protected by a heavy
covering of snow and this fact, in conjunction with the large
supply in the different marts of the world, tends to depress
declining.
74,287
31,620
341,775
484
32(3 092
bushels, making the largest
has been dull and
14,855
Tot. wk. ’S4
day’s business
week. The closing quotations for No. 2 Fed were
corn
10.855
28.000
Same wk. ’S3
$1 12% in elevator,
Indian
89,070!
14.810
170.9(39
033,711
It is claimed,
to take a lower
grade than that now assigned to it before many months. The
effect of the degrading has been to weaken prices, though the
large supplies, both here and in Europe,, have also contributed
to the depression.
To-day there was a moderate business at a
declipe of >io. to 1 Vic. Towards the close, however, the specu¬
lative trading became more active and the total transactions
*
Rye.
\
24,080*
'
Duluth
was
involved 8,1S4,000
Barley.
Oats.
Corn.
Wheat.
BblsAmibs Bush.iiO lbs Bush. 56 tbs BushM'Z ibs Bush AH lb* Bush.LV) lbs
80,177
113.525
4 84,485
59 5 2
473,18(3
1,203,710
Chicago
degraded, somewhat to the relief of the trade.
however, that a much larger quantity will have
during the
j
Flour,
Receipts at—
“posting” of 505,000
two days,
wheat
The
Aug.
Detroit
depressed.
Wheat has met
69
CHRONICLE.
93 1
35 ',379
3,030
46.423
26,839
35.3
800.367
1,837;
12,88*2
12.231,
CHRONICLE.
THE
70
the week
143 to
Exports
for weak
1883.
1883.
Week,
1884.
Week,
Jan. 5.
Jan. 6.
Bush.
293,000
Bush.
767,797
1883.
Week,
Jan. (3.
1881.
Week,
Jan. 5.
Bb/s.
116,932
8.532
8,-594
Bbls.
170.220
13,*36
13.806
Bush.
492.583
660.028
171,365
806,827
6
20,000
12,884
29.351
Brit. Col’s
14 219
4 942
Oth.c’nt’s
778
659
7,500
1,160
1,030
Total...
161,939
232,814
663,954 1,494,355
350,379
800,3(37
1884.
Week,
to—
Jan. 5.
Un.King.
Contin’nt
B.&C.Am
W. Indies
Week,
Jan. 6.
Bush.
'
16,5511
21,402
33,318
3,726
5,473
1,6(35
2,618
By adding this week’s movement to our previous totals we
of exports since September 1, this
have the following statement
season and last season.
Exports since
Sept. 1, to—
1382-81.
1383-84
1382-S3.
1883-84.
Sept. 1 to
Sept. 1 tn
Sept. 1 to
Sept. 1 to
Sept. 1 to
Sept. 1 tn
Jan.
Jan
Jan.
Jan.
Jan.
Jan.
a
6.
5
0
Bush.
Bush.
12,184,200
3,098,762
3,547,878
301,939
2,102,183
2,533,159
10,905,220
20.219,774
150.784
293.521
6,202,030
16,054,842
8. &C. Am...
236,536
307,503
281,657
543
492,510
84,207
382,816
04,820
28.3'5
172,075
161,165
7.800
45,375
Brit. Col’nies
286,860
273,114
21,538
8,010
Oth. countr’s
15,154
15,098
600
192,945
70,460
107,291
3.090,020
3,770,375
17,228,517
37,168,512
10,134,370
Total.
...
The visible supply ot grain,
comprising the stocks in granary
principal points of accumulation at lake and seaboard
porta, and in transit by rail and water, Jan. 5, 1884, was as.
at the
follows:
New York....
14
:
.
Wheat,
Corn,
Oats,
Barley,
Rye,
bush.
bush.
bush.
bush.
bush.
7,294.904
Do afloat ((
Albany
9,500
Buftalo
1,418,163
12,044,958
Chicago
Do
afloat...
Milwaukee...
8t. Louis
Cincinnati...
Boston
Toronto (29th
Montreal
101,000
24,300
359.782
20,451
375.469 1,626,336
3,161,211 1,619.913
'
80.000
2,506
27,710
597,413
16,220
443.291
93,874
449
556,626
22,000
73.,211
6L.495
37/41
550,000
8,804
3,983
24,000
238.000
1,864,286
206,532
1,163,187
1 44.150
73,731
124,963
19,928
43,*53
32/81
105,056
100,116
188.218
519,553
24,027
160,301
16,670
24,418
96(3,085
7,908
226,387
20,323
31,800
94,299
326.804
1,200
3 366
117.572
49,767
....
Philadelphia
Peoria
15,532
425,076
269,000
902,000
337,OoO
11 7.000
32,900
Jan.
5/84. 35,500.584 10.120.133 6.108.436
Dec. 29/83. 35.507,400 9,(39 ».o4t 6.224.3 12
Jail.
(3/83. 21,315,550 9.229.144 4.425.588
Jan.
7/82. 17,530,421 16,426,381 2,623,193
Jan.
8/81. 28.892,132 16,651,479 3,732,855
3,273.832
3,292,19(3
3,004.030
2.818,535
3,215,885
2.672.208
2.673,349
Baltimore
Down Mi8si88ip
On rail
f.t
was
Domestic Woolen Goods.—The demand for
clothing woolens
was
continued
on
moderate scale, and the best makes of
a
cassimeres/worsted coatings, &c., are held with considerable
firmness. Overcoatings and heavy satinets have met with some
attention, but actual business was only moderate.
Jersey
cloths were in light request, as were ladies’ cloths and cloak¬
ings, and Kentucky jeans ruled quiet. For flannels, blankets,
shawls and skirts there was a light re-assorting demand, and a
fair business was done in carpets by agents and jobbers.
Worsted dress goods were in better request, and there was a
fair movement in cotton-warp and all-wool cashmeres, staple
and fancy worsteds, buntings, &c., on account of early orders.
Foreign DryGoods continued quiet in first hands, the demand
having been almost wholly confined to a few specialties, as
British dress goods, white goods and Hamburg embroideries, in
which moderate transactions were reported.
81.558
19000
458,677
1,811,042
36 4 343
per
business
10.985
51,600
16/62
9,371
188.400
Indianapolis
Kansas City...
If
48,000
628
.2,518,053
Oswego
! A.
412.811
165,000
_.
2,724,749
2,435,311
Detroit
■m
132.000
28.000
20 4.682
448.000
368,996
2,123,899 3,050,729
287,000
•)
business in fancy prints, the
yard. Ginghams have been more active, and
reported in cotton dress goods, while a
distribution of cotton hosiery was made by agents.
price of 6c.
some
fair
last quota¬
have been opened at the low
brst standard makes of which
were
In store at—
in moderate demand and steady at
were
light and unsatisfactory, very few buyers having thus far
appeared
in the market. Deliveries on account of back orders
4,237,122
30,558
i
E ' iri.
Bleached goods ruled quiet, but some large
transactions in brown sheetings were reported—exporters
having been attracted by the prevailing low price —and wide
sheetings, denims, ducks, and other colored cottons, were in fair
request, while there wTas a freer movement in quilts and white
goods. Prices have not materially changed save in the case of
wide sheetings and tickings upon certain makes of which slight
concessions were made by agents in order to meet the market.
though irregular.
Bush.
Ba-sh.
Kingdom
West Indies.
F
5.
Continent...
Dn.
R.
6.
Bhls.
Bbls.
noted, the demand for cotton goods was a tribe better,
As above
tions, and there was an improved
1882-83.
1883-3-1.
5.
Uruguay, 124 to Hayti, 117 to Argentine Republic, etc.
Print cloths
Corn.
Wheat.
Flour.
exports of cotton goods for
2,699 packages, including 675 to Great Britain,
were
567 to Africa, 442 to United States of Colombia, 378 to China,
Corn.
Wheat.
Flour.
Domestic Cotton Goods.—The
We add the
The destination of these exports is as below,
corresponding period of last year for comparison:
[VOL. XXXVIII.
31,780
5,883
Importations of Dry Goods.
The importations of dry goods at this port for the week
ending Jan. 10. 1884, and since January 1, and the same facts
for the corresponding periods of 1883, are as follows:
i
Tot.
Tot.
Tot.
Tot.
Tot.
i.g
1,541.978
1.248,9(34
f
2
Mississippi closed above Cairo.
DRY
THE
GOODS
TRADE.
was
rather
more
CJt CO
!
cc*-
somewhat
few
worsted dress
!i
j
'
i
been
more
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bution
was
checked to
!
fair distri¬
made in this connection, though purchases were
some
extent by
a
the exceptionally cold weather that
/s.
&ii
but
a
to
the wants of small
out material
©
U1
a
few leading houses that cater for
jobbers and large retailers.
change, but there is
a
Values are with¬
somewhat better feeling in
and there is
uters that bottom
a
growing belief
on
the part of distrib¬
prices for most fabrics have at length been
reached, which is probably the case.
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the trade,
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pretty good package trade in domestic cottons, prints,
hosiery, &c., was done by
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prints, ginghams, lawns, piques,
goods, quilts, white goods, hosiery. &c., have
prevailed in wide sections of the country. The general jobbing
trade continued light and unimportant, as usual between seasons,
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as
sought after by intending buyers, and
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irregular. The most staple cotton goods were in
better demand by local and out-of-town jobbers, and a
Spring fabrics,
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very
quiet.
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large sales were made to exporters,but domestic woolens wfere
very
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package buyers from the South and Southwest, but the de¬
was
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past week, owing to the presence of a considerable force of
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active in commission circles the
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Miscelanou Manufctres
4X44©
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Friday, P. M., Jan. 11, 1884.
Business
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Silk
Total Flax Cot n Wool
Ent’dforcsump.
market.
Including 178,000 bush, repoitcd afloat in vessels,
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846,112
35
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Total
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