View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

xtmtlt
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRI AL AND COMMERCIAL INTERESTS OP THE
UNITED STATES.

VOL.

NEW

38.

YORK, JANUARY

^Itmttjciat

12, 1884.

'gintmciut
WaUcr

KuHlncHS Founded 17tf5.
Laws of State of 17ew York, 18S8.
Reorcanlzcd 1879.

Engravers and

&

Alfred H. Smith

BONOS, POSTAGE Sl REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES, of the UNITED STATES; and for

Co.,

ENCiKAVlNG AND PRINTING,

UONUS

NOTKS,

FOR

SHARE CERTIFICATES.
GOVERNMENTS AND

tn tile finest

and most artistic style
STEEI. PLATES,

FROM

Vlth ipeeial gafe^ard:

Special papeti oasufactured ezolngWel;
SonpiAj.

for

sis of the

SAFETY PAPERS.
Fireproof Rulldlngs.

LITHOGRAPHIC AHO TYPE PRIHTIHC.

RAILWAY TICKETS OF IMPROVED 8TYLE8.
Show Curd«, Labels,

Calendarfi.

BLANK BOOKS OP EVERY DESOBIFnON.
ALBERT G. GOODALL, President.
VICE-PRESIDENTS
J. MACDONOUGH,
A. D. SHEPARD,
W. M. SMILUE,
TOURO ROBERTSON.

,

(riven to

Private wire to

STAYNER, Treas.
THEO. H.

FKEOAHP

,

Seetj;

Banque
Centrale Anversoise,
A Sf T W^ E R p.

No.

Model 4 Cle.)
Ano. NoTTEBon.M (Nottebohm Kreres).
Fb. Dhanis (Michlels Loos).
Job. Dan. Fuhhmann, Jr. (Job. Dan. Fnhmuum.)
""rnuum.;
(f-rank.

Lotri8W«BEK(Ed. Webericie.)
Jin,>8 RAUTIS8THAITCH (C. Schmid A Cle.)

Kddy, Caahler.

Maverick National Bank,
GAPITAI.,

AcouunU of Banks and Bankers solicited.
CollecUona made upon favorable terms.
Government Bonds bought and sold.

TINKER A WESTOIV,
BANKERS AND
BR0KEE8,

.

7

EXCHANGE COURT,
New Tork.

fiKBY

C. TnreiR, Member N.
IN88ILAIR WESTON.

President.

80

BEEU,

Cox,

Bankers & Commission Stoclc Brokers.
88 BROADWAY. NEW YORK

^

SMTH.

&

F COX

Deposits received subject to check at sight and
Interest allowed on dally balances.
All securities dealt In at the New York Stock Exchange bought and sold on commission for cash or

upon margin.
i

Vice-Presidents.

GEO.

B.

LOVING,
Secrotarr.

TEXAS INVESTMENT COMPANY,

Limited,

TEXjlS,

DEALERS IN ALL KINDS OP

Live Stock,

Ranch

Properties, Securities, &c.

Paid up Capital, $100,000.

Surplus, $50,000.

BRANCH OFFICES:
AUSTIN, SAN ANTONIO, and COLORADO, TEXAS, and LONDON.
ENGLAND.

BROADWAY. *

S

NKW

OpPO'lt? Stock KMhange.
V5, 14 i, 16 UALL BULLDINO.

_. ™™'« Wire to TroT.

A. M. Britton, President City National Bank ; W. J. Boaz, President
rradera' National Bank
J. P. Smith, Mayor of Forih Worth, and of the banking firm of Tidball,
Van Zandt i Co J d'
R«ed, Rauclimaii, and Director In First National Bank; W. A. Huffman,
dealer In Agrlouitural
Implements! SUiney Martin, of Martin-Brown Co.. Wholesale Dry Goods;
W. J. Moiphy Cattle
Dealer; George B, L<ivln«, Manag.-r Loving Publishing Co.; J. F. Evans,
RanoUniau and" Cattle
Dealer.
•

STOCK BROKER.
HKW YORK,

Taylor, Carolin

O.

WHECTons

^^^

Y. atook Sxcb.

•

Lansdale Boardman,

•noov
TBOy, K
K.

W. V. CAHOLIN.
Member N. Y. Stock Excb.

,

9400,000
400,000

CRPLVS,

o

'

M. H. TAVLOR,

Office, 180 Flltb Ave.)
All classes of Railway and Mining Stocks
bough
and sold on Commiaslon.
Telegranh Wires to Philadelphia, Wllmlnc
,„?^J*.'.S
ton,
Baltimore, W'ashlngton. Boston, Bridgeport an
new
J. P.
J. 1).

Chew,

Stocks, Bonds and tJ. S. Government Securitle*
Bought and Sold on Commission.
JAs. D. Simons,
Bbtbhi,y i-h»w.
Chbw
Member N. Y. stock kxchange. °''""^'
Mem ber N. Y. Prod uce K xchange.

Prince & Whitely,
64 BROAD WAV, NEW YORK,

MORPHY.

&

STREET,
NEW TOBK

2 Exchange Court dc 52 Broadwa7,N.T.

HARRY

J.

Son,

STOCK BROKERS,

OF FORT WORTH,

BOSTOIV.

Pi

Simons

(Branch

W.

&

C. Humbert

Dbbxbl Buildino,

PMUCB, JA8 WHrTKLT, H. CRUGKR OAKLKT.
C, LOGAN,
MA YNARD C. EYRK
W. R. Tuatbrs, Special Partner.

D.

iOBS 1. C. HUUBKKT.

No. 29 WAI,!.

STKEBT.

uaveii.

TSA N SAOT A
QBJJERAL BANKING BUSINESS.
J. j.

WALiI,

New Vork.

BANKERS AND BROKERS,

Interest allowed on deposits subject to sight draft

Otto Gunther (CornelUe-DaTld;.
Bhili di Oottal.

ALFaicD MAQtjiNAY (OralT * Maqnlnay) Vlce-Proa.
JLB. VON DBR BECKB (Vcn der Beoke 4 MarsIlT).
»""''•

Pres't.

E.

P-^'*"'"'"nS'.S- J. T0WN8END. „ I'ANSING C. WASHBURN.
CHAB.
Member N. Y. Stock Exchange
J.

A«a. p. PomtR,

E. c. Udmueht,
Member N. ). stock Exoh.

Transact a general Banking Business, Including
tbe
Purchase and Sale of all Securities dealt In at
the
New York Stock Exchange.

Paid-Up Capital, 22^9,000,000 Francs.
BOARD OF DIREOTOBS.
Ccux Ohisar, President.

Ad Frank

Information resardln

Investment Securities.
New York. Baltimore and other places

3

^•
!*»« ^^'"•''.'•J*"?"'
Cbapel Wt„ New ?:
IIstvh

No. 18 Wall Street,

BANKERS AND BROKERS,

No.

NASSAU STREET, NEW YORK

Stock and Bonds Ilonght and Sold on Commission.
Accounts received and Interest allowed on ballances, which m ay be checked for at sight.

cities

CALDU^ELLr, WASHBURN &
TO^IVNSEND,

:

G. H.

Sts..

Deposits received subject to nheck at sight, ana
Interest allowed on dally balances,
stocks. Bonds. Ac, bought iind sold on commission
In

PhlladelphlH and othor
_,.
„
Particular attention

BaUh

Sons,

H. Dewing & Son,
BANKERS AND BROKERS,

BANKERS,

and Chestnnt
PBII.ADEI.PHIA.

&

Hiram Dewixo. Ci.akk Dewing, f. t. Bontecou.
(Member of New York Stock Exchange.)

Co.,

Cor. Ttalrd

COUKTSBTEITQTQ.

to prereat

SAFETY COLORS.
Work Executed in

W.

8.

&

H. Taylor

T. Hatch

(

Members N. Y. and FhUadelpbIa Stock Exchanges

L.

P. Batch.

Arlkur M.

Personal attention given at the EXCUANOE8 t«
the purchase and sale of STOCKS and BONDS tor
cash or on marL'ln.
DEfWIT.SRECEIVED-snbJect to check at sight
—with interest upon balances.
Special attention paid to INVE8TMBNT8 tat
accounts of roU.NTKy RANKERS.

182 Broadway, Cor. John Street.

CORPORATIONS, DRAFTS. CHECKS,
niM.8 OF f;xchangf;, stami-s, *c.,

Benry

HaUK.

BRANCH OFFICKS 5,122

Foreign Governments.

BANK

Batch,

BANKERS,
14

IMPORTERS,

of

Pi'.inters

W.

DIAMONDS.

BBOADWAT, NEW TOBK.

Iscoiporitsd aider

T.

yath'l W. T.

Bank Note Company,

968.

l^itiaixcial.

AMERICAlSr
142

NO.

BT

^ .... euviad on manln. Intarwt psld on b^asoM
iMUttlM

Our facllitleB lor baudliUK busluess iu our Hue are unequalled.
and will make It to the Intereat ofluTestors to deal through um.

We

can

THE CHRONICLE

11

tVoL. 3CXXVII1.

I^avtisn %xcUmiQt.

&

Morgan

Drexel,

"gox^iQn %xchmiQt.

tro^ Sontta Third

Street. 31

Boulevard HauBsmann,

PAKIS.
PBII.ADEI.PHIA
BOitESTIO AND FOREIGN BANKERS.
Securities
Interest allowed on
Deposits. ForelKn ExcllanKe. Commercial Credits.
Circular Letters for Travelers,
Cable Ti^nsfers.
aTailable,ln all parts of the world.

Deposits received subject to Draft.

bongot and sold on commission.

Attobnits and Aoknts op
ic CO.,
raessn. J. S.

BANKERS,
Noa. 19

Brown

Brothers

&

Co.,

No. 69 IVAIil. STREET, N. V.,
BUY AND SELL

OF EXCHANGE

BIL,L.S

ON GREAT BRITAIN AND IRELAND, FRANCE
GERMANY, BELGIUM, SWITZERLAND, NORWAY, DENMARK, SWEDEN AND HOLLAND.

and 21 Naaaan

Issue Travelers' Credits. aTailable in
world, throujjh the

all

And In

IN

parts of the

&

8BLIGMAN FRKKES & CIE.. Paris.
SELIGMAN & STETTIIEIMKR. hYankfurt,
ALSBEIIG GOLDBERG, Amsterdam.
ALTMAN 4 STETTUEIMBR, Berlin!

Panble In any part of Europe, Asia, Africa. Auetrula and America.
Draw Bills Of Exchange and make Telegraphic
Tnuufers of Money on Europe and California.

Co.,

BANKERS,
63 irilllam

J.

New

Street,

York.

J.

Bills

J.

BANKERS, LONDON;

BIANCHESTER

A:

COCNTIT BANK,

"LIMITED!"

Alsxandeb Baring,

Member

N. Y. Stock

Tod &

HAMBRO &

H. OVENS
;

Jk

SON,

HOTTINGUER

<fc

SON,

CO.,

&. CO.,

BANK OF SCOTLAND,

EDINBURGH, AND BRANCHES;

^£^r

LONDON:

William Heath & Co.,
BANKERS AND BROKERS,
No. 80 Broadnray, Kew York.
Mambera of New York Stock Exobanse.
rORBIGN EXCHANGE. CABLE TRANSFERS.

&

Co.,

10 Tl&roKinorton At«., ItfOndon, Bnc«
Draw BUls of Bxcbanffe and transact • general
flnanoial
Iron to

oommlsBlon business. Particnlar attention

American

tiecurltles.

William Heath
No. 19

Rne

&

Co.,

Scribe, Paris.

Orders BoUolted for London and Amerloan markets
torlnTMtmeQtoronmuKln. Ballwar, State and CltT

VikQs nesotlatsd.

John Munroe

&

nCNROE &

CO., PARIS.
«TBaLINO CHEQUES AND BILLS AT 8IXTT
DAYS' SIGHT ON
CO.,

LONDON.

OIKOULAB NOTIS AND CRCDITS FOB TRATELEBB.

Schulz

&

, oiKnnni
LONDON.

Ruckgaber,

BANKERS,
S9 UriLLIAin STREET, NEIIT

YORK

COaBEBPONDE:fTS OW THE

International Bank of London
(Limited) London.
nesara. John BerenberK, Goaaler & Co.

{

Members

of the N. Y. Stock

and Mining Exchanges.
1865.

&

Private telegraphic communication with the markets of Philadelphia and Bultiinore.
Railway and other securities bought and sold, ON

Co.,

COMMISSION ONLY,

in any market.
Stocks and Bonds purchased for investment or caron margin.

ried

New

FORKIGiV ORDERS, either by
receive especial attention.

York.

FOREIGN BACKERS.

CABLE

&

R. A. Lancaster

DEALERS IN

Railroad

&

Miscellaneous Securities.

Southern Securities a Specialty.
GCOBGK STABK.

KOIJNTZE BROTHERS
BANKERS,

JOHN

&

George Stark

TRANSACT A GENERAL BANKING BDSINKBS
AND BUY AND SELL INVESTMENT

Issued for the use of travelers in all parts of the
world. Bills drawn on the Union Bank of London.
Telegraphic transfers n^-ide to London and to various
places in the United States. Deposits received subject to check at sight, and interest allowed on balr
ances. Government and other bonds and investment
securities bought and sold on commission.

SECURITIES.

Have constantly on hand and for
and Farm Mortgages, bearing 7 to

WESTERN

sale

8

Western City

percent Interest.

raiTNICIPAL BONDS
BOUGHT AND SOLD.

Olrcolara with full particulars mailed

Chas.

Dealers in Foreign Exchange, Goveknmkni
and other in'vestme.nt bonds.
,
54 IV^aU St. and 62 Cireene St., N. TK.
Buy and sell on commission for Investment or on

B. E.
JOINT AGENTS

STAKK

No. 33 Nassau Street

LETTERS OF CREDIT AND
CIRCULAR NOTES

ttOADBT k

F.

Co.,

BANKERS,
New York,

120 Broadway, Equitable Building, New York.

J. H.

Co.,

UNITED BANK BUILDING,

BARING BROTHERS <b CO., Londan.
PERIER FRERE8 <& CO., Paris.
MENDELSSOHN db CO.. Berlin.

dealt In at the

mail,

BROADWAY AND WALL STREET, NEW YORK

OOURESPONDSlfTS :

all securities

or

BANKEES AND BROKEES,

AND
COMMEKCIAL AND TRAYELBBS' CBBDITS.

Exchange.

Co.,

Members of New York & Philadelphia Stock Eicb'ges

CABLE TBANSFEB8, BILLS OF EXCHANGE

margin,

Co.,

BANKERS AND BROKERS,
No. 17 WALL ST., NEW YORK.

of

CHEQUES AND CABLE TRANSFERS ON

I

Dickinson,

Unger & Co.,
BANKERS
AND BROKERS, John
Co.,
Members
the New York Stock Exchange,

No. 8 W^all Street, New York,
No. 4 Poat Office Square, Boston.

ALEXANDERS &

F.

ESTABLISHED

PAKIS:

q'ui^-CeV.THOS B. DAVIS. W. G. H. HKATH.

William Heath

WALCOTT,

John H. Davis

BOSTON, MASS.,
Cor. Wall and Nassau Sts.,

AL80|

CABLE TRANSFERS AND LETTERS OF CREDIT

NEW YORK:

vrank

PAKIS.

&

&

Office, 320 Broadway.
Connected by Private Wire.

AMSTERDAM.

Kidder, Peabody

BELFAST, IRELAND,AND ON THE

»

"j

^xujfejex-s.

Branch
Jos. C.

Buy and sell bonds, stocks and securities in all Am<
erlcaa, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.
Sell Bills of Exchange on

ULSTER BANKING COMPANIT,
NATIONAIi

Co.,

WILLIAM STREET,

MELVILLE, EVANS

Kn&

stocks and Bonds boUKht and sold on Commission.
Jrders received in Mining Stocks, and in Unlisted
Securities. Collections made and Loans Negotiated.
Dividends and Interest Collected.
Deposits received subject to Draft.
Interest Allowed. Investment Securities a Specialty.
We issue a Financial Report Weekly,

Exob

Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters of credit In pounds sterling & dollars.

C. J.

MANCHESTER, PAYABLE IN LONDON

Ezcbange and Letters of
Credit on Mexico.

C. Walcott

Ofler luveatmeiit Securities.

miTH, PAYNE & SniTH'S,

ST.,

YORK.

BANKERS AND BROKERS,
No. 24 Pine Street, New York.
Transact a General Banking Business

BANKERS.

J.
NASSAC STREET.
BILLS OF EXCHANGE ON

or

gatiliijrB

DRAW ON

No. 63

33

BEAVER

29

;

Canada, and of Drafts drawn in the
United states on Foreign Countries.

Co.,

&

NEW

Accounts and AKeney of Banks, Corporations,
firms and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as jiKCnts for corporations in payiu,; coupons
and dividends also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Excban^re or elsewhere.
Sterling Exchange and Cable Tranafers bought
and sold.

Francs, in Martinique and Guadaloupe.

&

W. Wilso^^^.7
27

THE UNION BANK OF LONDON:
THE DEUTSCHE BANK, BERLIN, HAMBURG
AND BREMEN:
ANDRE GIROD & CO., PARIS.
ANY PART OF THE WORLD.

Stuart

BROAD STREET,
New York.

Issne Letters of Credit for Travelers,
On SELIGMAN BROTIIEKS, London,'

Also Commercial Credits and Transfers of Money
on California, Europe and Havana.

Kknnedt Tod.
RIAKETEIiEGRAPIIIC TRANSFERS J.
H. O. NOBTHCOTE,
OF mONElf
BETWEEN THIS AND OTHER COUNTRIES.
COLLECTIONS OF DRAFTS drawn J. Kennedy
MAKE
abroad on all points in the United folates and

&

BANKERS,

and their Correspondents.

Jesup, Paton

W.Seligman&Co.,

No. 23

Street,

Issue Commercial & TraT.elers' Credits
IN STEBLINO,

AVAILABLE

&

Co., J.

MESSRS. DE ROTHSCHILD,

nORGAN

OLD BEOAD STEEET, LONDON.

Ho. 22

&

Co., August Belmont

STREET,
COENEE OF BROAD, NEW YORK.
Drexel.Harjes & Co
Drexel & Co.,
tTAIil.

No. 59

J.

Cisco

on application

&

Son,

BANKERS,

lA^all Street,

New

Ifork.

Deposits

New York Stock

received subject to check at sight and
Interest alloved on daily balances.
Government Bonds, Stocks and all Investment Ss

WALKEK,

ouritles

boHxht and sold on commission.

Simon Borg

Canadian Bank of Commerce,
16 EXCHANGE PLACE,

No. 8

&

Co.,
YORK

IVALL STREET, NEW^

BUT AND SELL STERLING EXCHANGE, CABLE
DEALERS IN ALL KINDS OF
TRANSFERS, ETC.
ISSUE COMMERCIAL CREDITS, AVAILABLE Railroad and luTestment Securities.
IN ALL PARTS OF THE WORLD.
SODTHBBN BECUBITIE8 A BPECIALTT.

T. Bates & Co.,
J ames (ESTABLISHED
BANKERS AND BROKERS,

JOHN PONDIB.

1868,'>

Pondir

AcacsTcs natsan

&

Co.,

stocks. Bonds & Investment Securities
mills BnUdlne, New York.
meaars. Klarcnard, Krauaa dc Co., Pari*
Members of the New York Stock Ezohange.
20 EXCBANGE PLACE, N. Y.,
OommarvlalandTraTelers'Credlts. Billjof Ezohaasa. ChMk* and Cable Tranafers on JAMBS T. BATES
*
Orders executed on the London and Buropesn
COm Oenavo, Swltierland.
market.

BambnrK.

'

Jakuart

THE CHRONICLE.

1884.]

12.

Sanlievs and probers.

&

Taintor

Holt,

balanooa.

MUNICIPAL ud

TAINTOK.

OKO. H.
L'nUILIBR.

Q. D.

Geo. K.

HOLT

Sons,

Sistare's

NASSAU

ST.,

NEW VOBK,

Dayton,

gin, all

on Commission, for cash or on marsecurities dealt In »t the New York Stock
Sell

Read & Stafford,
BANKERS AND BROKERS,

&

Hatch

All aeoaiitlee dealt in at the New York Stock Uzetuknge bouKht and sold on oommlssion for cash oi

pen maiKln.

No. 12 AVall Street, N. Y.

We make U. S.

Bonds and Investmont Securities s
and BONDS

specialty, execute orders In STu('KS
for cash or carry the same on margin.

general

KST cm

HANKINU

business and

We transact
ALLOW INTER-

DlOI'OSi'l'S. Brunch Offlcon, connected bjr
private wire, Nornluh, Conn., (Gloucester, Mass^ and

W, F. Stavford,
Member New York Stock Ezcbaos*

&

Wierum,

50 EXCELANGE PLACE,
Urokers in Railroad Stoclis and Bond^,
OOVEnSMENTS A FOBEiaN BXOHANOE.
lIHAR. K. IIANUALL.
OTTO C.
Member N. V. Htock Bxcbance.

John

&

James

S.

WlIBUM.

PINE STREET,
NHW YORK,

&

In addition to a General
Sell

Securl

N B.Linblst

Coll J. Turner, ja8. Tuunik.
Memb. N.Y. Stock Exob.

C.
IS

Turner

J.

Special.

&

Co.,

BANKERS AND BROKERS,
Broad Sc 35 Wall Sta., New York,
MILLS BUILDINO,

Bornn

STOCKS, BONDS, GRAIN
bought and sold

in

7,

Second Story.

AND PROVISIONS

New York and

Cblouro markets

Co.,

31

PrXE

8CCCK8S0R8 TO

DAVIS.

dc

Kxecute orders in all securities listed at the New
Ynrk Stock Exchan^ie. For Sale.
KAn.KUAD K1K8T MORTOAOE BOXDB.
GKORGU C. WOOD. U. HUK8TI8. L. M. SWAN

KliUST-l.'LASS

oG

No.

Bros.

& Warfield,

BROKERS

Transact a General Banking Business, Including
the purchase and sale of STOCKS and BONDS for
cash or on margin.

Bnf and

Investment Secnrltles.
P. O. BOX 2,647.
WATLAND TBA8K. H. J. M0B8E.

Sell

A. M. ErDDZB.

W.

No. 52 BROADWAY.
l)onGi.A8 Henry,
Charles Seton Henbt.
Member N.Y. stock Ki. Member N.Y.Min. Stock Kx.

Daniel Wakfikld^

Members New York and Chica£;o Stock Bxchaoffe
also New York MlntnK Stock Kzchange.

&

Bass,

BANKERS,

SO

BROAD STREET, NEW YORK
Stocks,

Bonds and Miscellaneous

Securities.

Correspondence Solicited.
Quotatlona oheerfnllr furnished
C. A.

&

18 IWall Street.

Elliman,
New York,

—Railroad bonds a specialty.—
-Inrestors are inrlted to correspond.—
-Infomiatlun cbeerfullr given.—
-Fourteen year**' membersbip tn Stock Rxchange.—
-Order* by mull sol Icitod and promptly attended to.

Edwin Corning,
38

gLLlj*JS,pOUDEN

y

EjVI^INS,

25 PiN£

§T.

-

WALL STREET,

NEW

STOCK EXCHANGE,

or

all

reputable Securities

bought and sold in the OPEN MARKET. LOANS
and COMMERCIAL PAPER negotiated. Interest
paid on DEPOSITS, subject to check.

lBoodf|«

JB^

SlBNIT

M0B8B.

B,

Y. Stock Exchange.

Young & Morse,
BANKERS AND BROKERS
BEOAD STREET, NEW YORK.

No.

Neir York.

Howard

Lapsley

K

E

K

Co.,

BROAD STBEET,

No. 24

New York.

&

R. T. Wilson

Co.,

De Twentsche
Bankvereeniging,
B. W. BLIJBENSTEIN & CO.,
• HOLLANB.
AinST^RQAn, •

Head

et,

Exchange Place, N. Y
La t<alle St., Chicago.
TRANSACT A OENKBAL BANKINO BUSINESS
INCLUDING THK; I'URCHASK AND SALE Ol'
STOCKS AND BU.NDS KOR CASH OR ON .MARGIN. BUY AND SELL INVESTMENT SECURITIES. INTEREST ALLOWED ON DKP08IT>
SUBJECT TO CHECK AT SIGHT.
P. O. Box 447.
O A. BOODT,
C. W. MOLellam Jr.

3N BroBdwRjr.'
Branch OBce,

&

BANKERS AND BROKERS,

Reserve Fund.

BA K

Co.,

STREET,

WTALI.

8

Established

cor.
\'iH

Bkcbbn Liland.

1S61.

— Guilders (13,200,000.-)
- "
(tS.144,e8a-)

1,258,874 34

"

($S03M0.—

Amsterdam.
BRANCHES
London— EXCHANGE A INVESTMENT BANK,
Office,

B. W. Bmjdexstein a Co.
Nog. 59 A se Thrcudneedle Street, B.C
Pari*— ANCiENNK Maison Leon A Drkhu,

COMPTOIR DK CHANGE,

LlMrrkO.

112 Rue de Richelieu.
Rotterdam-DE WISSEL-en EFFBCTENBANK.
Fuuch&le-B. W. BLIJDENSTKIN, JR.
Almelo-LEDEBOER A CO.

Tiunsact a general Banking and CommlsalOB Bnainess in Bills, Stocks, Shares, Coupons, fto.

A. K. BATEMAN. W.M. HOLLIXS. DOirOLA-tafjREEN
Memb.N.Y. Stock Exch.
.Memb.N. Y.Cotton Kxch.

BANKBR8,

UNITED BANK BUILDING,

New York Corkispondbhts

Messrs. KNAUTH. NACHOD A KDHME
Wall Street, Corner Broadnray.
YORK.
and Foreign Excbance STOCKS, BONDS <t OOHMEROIAL PAPKh.
Co.,
E.
&,

CO.,

PriTate Wire to Washington.

BATBMAN &

T. S. YotTNO,

Member N.

Subscribed Capital. 8,000.000
Paid-up CapltaC 7.881,700

Mmber New Tofk Moek

Stockn, Cotton

Intimate knowledge of all for past fifteen yaare.
Information cheerfully given. Inveetorsor dealeti
wishing to buT or sell are invited to commniiloate.
All stocks dealt In at New York Stook Bxehange carried on margins.

r^euu^ORK*

Purchase and sell on Commission GOVERNMENT
and RAILROAD BONDS and STOCKS, and all
classes of Securities dealt In at the
YORK

STOCK AND BOIVD BROKER,
DOlOLA!»)^ (liKEEW
86 WALL STKKKT, NKW

BROAD STREET, NEW YORK

20

Railroad Securities a Specialty.

BANKERS AND COMMISSION MERCHANTS
2 Bxebanee Court. Nevr Vork

Wm. Blliman.

BUTTBICK.

Buttrick

I. F. MXAD,
T. H. CtTBIU.
Member N. T. Stook Bzah

HILL.

C.

IN

STOCKS AND BONDS, UNLISTED
SECURITIES AND miNING STOCKS,

Rolston

all

Exchange.
R. K. LBAB.

BANKERS AND BROKERS,

STBEET,

<"•

Henry

sell

New York,

BANKERS AND BROKERS,

WOOD

margin,

with Private Wire at 28 West TwentyThird Street.
on commission for Investment or oo
securities dealt In at the New York Stook

Office

W. H. Goadby &

Co.
BANKERS,
18 W^ALI.

NEW YORK,

ST.,

BROADW^AX, NK\f KORK.

80

No. 29

maiKln.

Co.,

Co.,

Transact a genera] Banking and Brokerage Baalness in Stocks, Bonds and Mlscellaneoua Securltlea.

)

&

Mead &
UTOCK BROKERS,

Banking Business, buy

Qovemment Bonds and Investment

jj^f, petroleum Eich.
j
Ac, bouKht and sold for cash or on

Huestis

CommlMlon

Fred. H. Smith,
STOCK AND BOND BROKER,

NEW

Wood,

strictly

ties.

No. 3 BROAD STREET,
YORK.
John S. Jamkh. Member N. Y. Stock Exch.
N. Y. Mining Stock A
Member
1*
WAuuvM
i.Mb'B
WAKBIN 1 J AMUS,
.

NEW YOBK.

Business in the purchase and sale of stf>cks and t»onda.
Private Telegraph Wire to Albany, Trqv, SrnMnseu
Rochester. Utica and Buffalo. Draw on City Bitnli ox

Co.,

CEDAR STREET.

62

A

Interest allowed on Butunces.

Buy and

BANKERS,
No.

Bishop,

(Members New Vork St'ica Kxchangv.)
Accounts of Hunks. Buntcors and othera reoelTed.

Branch

toekaand Bonds bought and sold on Commission.

Oilman, Son

&

BANKERS AND BROKERS,

PINE STREET,

No. 35

^l. F.
N«. 88

NASSAU STREET,
NEW YORK.

In amounts to suit.
Special attention given to Seeorltlaa for Inveetmettt.

Commission Stock Broken,

Stocks. Bonds,

Baow>

A.

London

Stewart Brown's Sons,

and

Randall

BBOWK.

BARTKERS,
NO. 20

Hamilton

Foote,

BANKERS,

milU Bulldlog, New York.

BZAO.

P,

Walston H Brown & Bros

DKKXRL BUILDINO,

S9

IN

Elxchange.
Interest allowed on dallr balances.
All deposits subject to check at sight.
Particular attention to orders bj mall or teleffrapta

J. B.

nuD.

HSKBCRT
.

FIRST-CLA«S IKVESTIHENTS.
Buy and

J^vaUtxa,

B. Bbowii.

HpeeUL

iSl Devonshire Street, Boaton, Maas.

DEALERS

^tmUevs nn&
WAMTOa

Newr lork.
BTOCKB AND BONDS BOUOIIT AND BOLD
STRICTLY ON COMMISSION.

11

19

TO

59

PriTata telegrepb wirea to ProTldeno* and Boiton

O. B.

II.STATKia,

BANKERS AND BROKERS,

bnilncu.

DKP08ITS rwKlrad mud INTKKBBT allowed on
Bur and tell aoVEIlNMBNT,
KAII.KOAI) Bond!.

.

&

Earl
NEW YORK.

TKANSACTltOKNBKAL BANKINO

N.

A. H. MtTBI.

BANKERS,
WAI.I. MTKKET,

N». 10

and Bvo Iters.

ISanlicvs
WM.M. KAKL.Memb.
A. U. UA YTON.

iii

CO.,

WASHINGTON, D. C

Stocks and bonds bought and sold on commission at

New York Stock Exchange. Advanoaamade on
aaM paper and ot her securl Has,

basl-

Wuthmann &

BAHKBBS.

BRKflBN, SEBHANV.

THE CHRONICLE.

iv

©awafliati ^vmhzvs.

%RuUexs,

'gavtiQVL

[Vol. XXXVIII.

Blake Brothers & Co.,
LONDON, ENGLiAJVD,

CAPITA!.,
SURFI.US,

8«Ilclt aeooiints and agencies of Banks, Railways
Corporations, firms and Indlvljluals, upon favorable terms; also orders for the puroliase and
sale of Bonds, Shares, Ac, &o., on Commlssloa
on the Stock Exchange.
Necottate Railway, State and City Loans and
iMue Commercial Credits available In all parts

-

-

-

.

&

$12,000,000, Gold.
$S, 750,000, Gold

No».

BOSTON.
MEMBERS OF THE NEW YORK AKD
BOSTON STOCK EXCHANGES.
ALSO,

WALTER WATSON, JAgenis,
A KBntS
?

Dealers In nnnlclpal. State, Railroad

Alex'bLano,

Nederlandsch Indische
Handelsbank,
Established en

and make coUeotions
Dominion of Canada.

London

($4,600,000 Gold.)
IN

AMSTERDAM.

Capital,
Reserye,

business of a financial character in connection wit!
the trade with the Dutch East Indies.

STREET, NEW YORK.
STATE STKEET. BOSTON.

WAIX

BANKERS

& C>o.

New

CAPITAL

I

Knlghtsbridge,

]

Holborn,

I

H* Devonshire <& 20 Water St8.,cor.o pp.P.O

-

-

-

BO

Bond* and

HOWLAND, Pres't.

D. R.

WILKIE,

Cashier

S.

it.

Catharines, Port Colborne, St. Thomas, Ingersoll
Welland, Fergus, Woodstock, Winnipeg, Man.,

HEAD OFFICE, TORONTO.

:

I

BosANQUET, Salt & Co.,
73 Lombard Street.

Old Street,

* Sterling Exchange.
Agents in New York:
BANK OF Montreal,
59 Wall Street.

I

Buy and

¥6,000,00:
1,500,00

Shanghai

BANKING CORPORATION.
»7..'ino,ooo

4.100,000

OFFICE,

Gzowski

Drafts, issue Letters uJ
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Ca.cntta, Singapore. Saigon
Manila, Hong Kong, Foochow, Amoy. Nlngpo.

Shanghai, Hankow. Yokohama, Hlogo, San Francisco
and London.

TOWNSENO,

Bank of

&

Aironi.
^"^

Agent, 47 Wtiliam gt.

Australasia,

(INCORPORATED 1835.)
4 Ihreadneedle St., liondon, England
PAID-UP CAPITAL, £1,800,000.
DNDIVIDBD PROFITS (including (Juarantee and

Reserve Funds), £479,876.
Letters of Credit and Drafts issued on the 110
branches of the Bank in the Colonies of (Queensland,
New South Wales, Victoria. South Austnilia, TasmaDlaand New Zealand. Bills negotiated or sent for
Collection. Telegraphic Transfers made.
Deposits
received In London at interest for fixed periods or
tsnu whleh may be ascertained at the office.
PBIDEADX BELBT S««rata(>

M. Shoemaker & Co.
PHILADELPH

Buchan,

No.

Prompt attention given to Collection of Comiiier
and Canadian Funds onall points in Canail.t
American and Sterling Exchange, and Stocks, Buii-.N.
etc., bought and sold.
Correspondents— Bank of New York, New Y .••
cial Bills

Rea

Brothers

No. 97

Stackpole,

BANKERS,
No. «0

DEVONSHIRE STREET,
BOSTON.

Samuel G. Studley,
COMMISSION STOCK BROKER,
No. 4 Excbange Place, Room

No. 4,

BOSTON, MASS.
MtaUBBB or BOBTON KXOOK BXOBAMaX.

&

Co.,

BANKERS AND BROKERS,

WOOD STREET,

flTTSBURO, PA.

gnfllatwT ^aijlin-s

&

CHESTNUT STREET,

'i-it

Orders executed by private wire in New York, Boston and Baltimore.
Drafts issued onall principal points in the United
Stai. e s iind Knrope.

i

Parker

Gerlach,

PHILADELPHIA,

'd Alll»nc*» itiinb. T.onrlnn.

H^jexw

&

I A.

BANKERS AND BROKERS

TORONTO, CANADA.

a

SOUTH THIRD STREET,

134

Narr

'

BONG KONO.

The Corporation grant

A. M.

No.

Pounds Sterling

(

ROBERT M. JANNBT.

SHOEMAKER.

BANKERS AND STOCK BHOKEKS.

IJANKERS AND STOCK BROKEl!!^,

.

BEAD

Jos.

Exchange and Cable Trans-

O. A. McTAVlSH,
H. 8T1KEMAN.

a-ted.

(

CAPITAL (paid-up).
RESERVE FUND...

Jos. M.

drafts on Scotland and Ireluii'i,
Canada, Brilisli Columbia, Portland. Oreguu

I

FRED'K F. LOW,
M„n.«.,.
IGNATZ STEINAABT, ManaWJ
LILIENTHAL. Cashier

i

^tttttsglwatJia Satifeiers,

demand

CIRCULAU NOTES issued in

Co.,

sell Government, State, Municipai and
Bonds and Stocks. Investments for Sa ings Banks a specialty. Collections made.

vailable in all parts of the world.
Bills collected and other banking business tran>-

.

Issue Com
mercial credits and Bills of Exchankie. uvailable in ai
parts of the world. Collections and orders for Bondf^
Stocks, etc., executed upon the most favorable ternii.

Hong Kong &

Sterling

&

liailroad

-an Francisco and Chicago.

Transact a general banking business.

P. N.

sell

Issue

Uso on

B:i

350,00

Co.,

JUIDDLETOTrN, CONN.,

Bank
ers.

YORK Agents, J. & W. SeUgmau * Co

-

Stocit

Buy and

.

(LIMITED).
Office, 3 Angel Court.
FRANCISCO Office, 422 California, St.

-

&

sold.

BANKERS.

OF
THE
America,
Anglo-Californian Bank British North
No. 52 WALI, STREET.

liONDON, Head

Jackson

E.

C.

AGENCY OF THE

The Bank, while conducting the general business
of London Bankers, gives special attention to the
Agency of Foreign and Colonial Banks.
A. a. KENNEDY, Manacer

-

and

BANKERS.

Promptest attention paid to coUeotions payable in
any part of Canada.
Approved Canadian business' paper discounted at
the Head Office on reasonabiej terms, and proceeds
remitted by draft on New York.

Tottenham Court Bofid

Antborlzed Capital,
Paid-up Capital, ReserTe Fund, - - -

.

Brandon.

Agents in London

Paddlnirton,
Aldgate,

BOSTON Correspond'ts, MassachusettB N.

O.N

A. Hawley

F.

Dealers In American Currency

London,

SAN
NETV

T

other investments bought

Correspondence invited.
Orders executed at Boston and New York
Exchanges, of which we are memtters.

$678,000

H.

S

on deposits subject to check.

Interest

$1, 500,000

BRANCHES:

£4,000,(100
4,000,000
1,000,000

BRANCHES
Street,
Hill,

(paid up),

I.

Bank of Deposit

i

S17RPL,VS,

Reserve Fund, £500,000.
HEAD OFFICE, THREADNEEDLE ST.
Bond

B.

R.

„
New _
York and Bostcn.

Exchange.
Private Telegraph Wire to

Imperial Bank of Canada.

<'<

LONDON, ENOLAND.

Ludgate

PROVIDENCE,

Dealers in Commercial Paper, Government and
other flrst-class Bonds and Securities and Foreign

!

(LIMITED,)

......

WETBOSSET STREET,

52

Ex-

York Agency, No. 61 Wall Street.
HENRY HAGUE,
AMnts
^eoM'HARRIS, JR..
JOHN

The City Bank,
Subscribed Capital,
Fald>IJp Capital,

sells Sterling

& Co.

BANKERS AND BROKERS

change, Cable Transfers, issues Credits available in
parts of the world, makes coliections in Canada
and elsewhere, and Issues Drafts payable at any of
the offices of the.bank in Canada. Every description
of foreign banking business undertaken.

AMSTERDAM, HOLLAND

Antborlzed Capital,

Wilbour, Jackson

all

COmniSSION mERCBANT
Blake Bros. &

Charles H. Shkldon, Jr.
Joshua Wilboub,
Bknjautn a. Jackson, William Binnkt, Jr.

LONDON, BNG.—The Clydesdale Bank (Limited.)
NEW YORK— The Bank of New York, N.B.A.

AND

N. T. Correspondents—Messrs.

$1,150,000

The New York Agency buys and

IHASS.

Dealers in Monlolpal. State and Kauroad Bondv.

BsCK
ANDREW ALLAN, ANDERSON,
„„„„ ^
Bsq.
ROBERT
MONTREAI..
HEAD OFFICE,
Manager.
General
GEORGE HAGUE,
J H PLUMMBR, Assistant General Manager.
BANKERS:

&. CO.,
AGENTS FOB NOETH A.MEBICA,

Boissevain

BOSTON,

President,
Vice-President,

BliAKE BROXHSRS

Co.),

STATE STREET,

No. 40

$5,700,000 Paid Up.

-

Swsbt &

Co.,

BANKERS AND BROKERS,

OF CANADA.

ments of staple merchandise, and transact other

Adolph

(Formerly Chas. A.

Merchants Bank

In Batavia, Soerabaya and Samaranji.
Correspondents In Padang.
iBsae Commercial credits, make advances on ship-

&

Dupee

Perkins;

Chicago and throughout the

No. 9 Blrchln Iiane.

Office,

Agendes

28

in,

1863.

Pald-Up Capital, 12,000,000 Gniider*

HEAD OFFICE

and United States Bonds.

Bny and sell Sterling Exchange, Frahcs and Cable
Transfers; grant Commercial and Travelers' Credits
ivaUable In any part of the world; issue drafts on

AinSTERDAin, IIOIiKiAND.

18

CONGRESS STREET,

No. 36

NEW YORK OFFIVE,
69 & 61 WAI,!. STREET.

the world.

Estabrook

BANKERS,

F 8MITHEK8, President.
W. J. BUCHANAN, Qeneral Managei

0.

Cobb

Brewster,

Bank of Montreal.

Dealers in Government. State. County. Municipal
and Railroad Bonds. Execute orders in all SECURITIES listed at the New York and Philadelphia
Stock Exchanges by Private Wire.

Hill & Co.,
BROKERS,
PITTSBURG, PA.,

Geo.
Buy and

B.

sell all classes

Securities.

of

Western Pennsylvania

Correspondence

A. P. Turner

solicited.

&

Co.,

BANKERS AND BROKER8«
No.

207 WALNUT PLACE,
ff>MII<ADBI.PHIA.

January

1884.

18,

THE CHRONICLE.

J

|^ietiust)luatiia

W.

E.

^vinUivs,

&

Clark
U

AN

K KKN

S^outUevn 'SuuTiixs,

Co.,

,

W. T. blaokwill,

Geo. H. Prentiss & Co.,
The Bank of Durham, No. 11 WALL ST., NEW YORK,
PreMdent.

M*. 33 Honih Third Mtreel, PhllailelvhU.

DBALBK8

Stookd and Unndft b(>uirht and Botd on CtimmtBnlon

W.

Mn>I)RNI>ORF. \V. B. OLITKR, G. A.ALBKRTI
Members Baltimore Stock Uxohange.

Middendorf, Oliver & Co.
BANKERS AND BROKEUS,
German & South

W.

S.
Corner
P.O. Box 397.

Sts.,

BAI.TI.^IOKE, Md.

Special attention kItoh to the neeotltition of For^
elgn BUlii of Kxchange, Collateml Loans and Comneratal Paper.

INDICATORS AND TKLRPUONK IN

Co.,

BANKERS AND BROKERS.
INVESTMENT

and

80UTUEKN SECURITIES

a

specl&Ity.

Corrospondence soltcited

and Information

ntshed.
N. Y. Correspondenta— McKlm Brothers

&

Robert Garrett

fui

& Co.

T

Sons,

Co.,

collections

on

BROOKLYN SECURITIES
DEALT

B. F.

F.

Weems.

WEEMS. Cashier.

WALKER,

made on

NATIONAL BANKIXQ ASSOCIATION

CHARLESTON, S. C.
Special Attention given to Collections

made on all Southern points on best
prompt returns.

;

John

p.

School,
Sold.

of entire issues receives special atten-

THE

JOHN

P.

BRANCH,

President.

Glenn, Cash. Fred. R. Scott. Vlce-Pres't

CO.,
BANKERS AND COMMISSION MERCHANTS
RICHIflOND, VIRGINIA.
Virginia Bonds funded under the Funding Act
per cent commispassed by the last Legislature, for
sion. New North Carolina 6 per cent bunds, secured
by lien on the State's stock in the North Carolina
Railroad, for uale.

M

Mortgage

SECURITY ABSOLUTE.
First mortgage on improved property In Kansas
and good farms in Kansaa and Missouri, worth
from three to live times the amount of the loan.
For particulars and references address
City,

^uctioti M>UlCB,

NO. 3

CUSTOM HOUSE

Transact a genenj Financial and Agency Business in
the State of Texas and Europe.
New York CorrespondenU: C. E. WELLBSLKY,
Bl,AKX Bbos. & Co.,
Oenentl Manager.
Wall Street.
DAI.1.AS. Tbxas.

Montana National Bank,
HELENA, M. T.
UNITED STATES DEPOSITORY.
Capital,
$250,000
C. A. Broadwatsr, Preat. A. O. CLARKK.V.-Ppe»t.
E. Shakpe, Cashier.
.?'"'.''*•
"bSPrealdent.

\
i

STATE BANK,

[

Incorporated 1875.

C. T.

STOCKS

KANSAS

SALES

BONDS

TOIP'EKA,

MORTGAGE

circular.

Farm Mortgages
In Suras of $100 and Upwards on Indiana and Ohio Lands.

NOTHING SAFER. ALWAYS PROMPTLY PAID.
SEND FOR PAMPHLET.
JOS. A. MOORE,
84 East Market St., Indianapolis, Ind.

aadthe

•

TB08. M. Thornton.

of all classes of

Hank.

lawson &

ON

N. T.

ADRIAN

H. MITLLER Ac SON,
Brooklyn
PINE STREET, NEW YORK.
No.

1

made in Shelby and adjoining Counties
and Proceeds remitted on Day of Payment.
REFKRKNCBS-Natlolial Bank of Commerce.New
Collections

York. Union National Bank, ancinnati. Third
National Bank, St. I.ouls. Traders' Bank, Chicago
Indiana Banking Company. Indianapolis.
1871.

KELEHER

&, CO.,
305 OLIVE STREET, ST. LOUIS,
Dealers lu IVentern Seeurltles.

Defaulted Bonds of Missouri Kansas and Illinois a
paying
from
« "u,u

Specliilty. Good investment Securities,
Wi to 10 percent, fcrsiile.

".';''•
^' perraissioD. Clark
r!",J'?,'!,
r^^f'ST^?*'
Dodge
A ( o., 51
Wall St.; liatoli 4 Koote, 18 Wall St.
References In St. Louis, Banks generally.

Bonds,

NEW STREET,

THEO. W. BAILEY
271

&

2T3 CaAial

Street,

Ac

HOUSEKEEPERS AND OCCUPANTS OF

OF-

FICES take notice. Before buying your carpets,
Llnoleiun, Oilcloths, or Mattings, call at BBNDALL'S
Misfit Carpel Store, 1 14 Fulton St., basement floor
Cheapest place in New York.

JUST ISSUED

'dealinos in

A SPECIALTY.
Cash paid at once for the above securities ; or thw
be sold on oommlaslon at seller's option.

will

St.)

OFFICE
CARPETS.
Map of Mexico, SOxTI in
(7 00
Kailroad Map of U.S.,78x»llo
16 00
Railroad Atlas, 102 pages
1« 00
Maps of every variety and Map Cases.
tV^ Send for Illustrated Catalogue.
J. L. sniTH, Pnbllsber.
27 SOCTU 8I.XTB ST.. HHII.ADKLPHIA, PA

Statistical

PINE STREET.

INSURANCE STOCKS

CO.,

New York.

Near Broadway (through to 81 Howard

New
New
New

T

YORK.

Bailey,

S.

E'.

Desired.

Co.

Wm. W. Thornton, Caah

^'

Securities, City

NEW

8HELBYVILLE, ILLINOIS.

F.

Beers, Jr.,

Gas Stocks, &c..

1899.)

P.

BorOUT AT THE AUCTION SALES.
3« PINE STREET, N. Y.

CARPET^,

F.

KSTABLISUED

WINTRINGHAM,

P.

SBCITRITlEa

WALKIB

THORNTON dt SON,
CEstabllshed
BANKERS AND BROKERS,
W.

Bank

•

Donnell,

Metroiiull tan Nation al

monthly range of prices during
Stocks, Insurance Gas, aty Railroad
and Trust Companies Stocks. Will be sent to applicants.
1S83 of

J.

$260,000 OIL CLOTHS, MATTINGS, LINOLEUM, ETC.
Prompt attention given to all business in our line.
Office and Ship Furnlablng; Specially
N. V. coKiiEspoNUE.NTS.—
-

A table giving the

WEDNESDAYS AND SATURDAYS.

German Bank,
-

KAN.

T. B. SWEET, Pres.
GEO. M. NOBL B, Sec
la the oldest and largest institution in Kansas,
giving exclusive attention to the Negotiating of
CHOICE FIRST
LOANS at high rates
of Interest. It has negotiated over 8<i,000.000
of these loans for Savings Bunks, Insurance Companies. Estates and private parties East. Send for

Cashier.

J

CITY.

THE
Kansas Loan & Trust Co.

REGULAR AUCTION GAS, INSURANCE, BANKSTOCKS,&0.

STOCKS AND BONDS
No. 7

Agent,
PROVIDENCE, R.A,
ic CO., Broken,

TO BE ISSUED SOON.

At Auction.
The Undersigned hold

LITTLE ROCK, ARKANSAS.
Capital (Paid in)

and

ST.,

JARVIS, CON KLIN

COMl'A!fT LIMITED,

(OF LONDON, ENGLAND),

MORGAN, General

H. P.

parts of the United State>

all

CotJRTSK y. Pres. Ernest H. Prinolk, Cash

terms

Seven Per Cent Semi-Annual Interest net to Investors.

IVILlTtlNGTON, N. C.
C.

Attention

§200 to $20,000.

Cashier

National Bank,

First

w. W. Walsh

Y. Stock Exchange.

Investors,

all

BENJ. A. BOTTS.Pres't
A. K.

IN.

8BB OAS QUOTATIONS IN THIS PAPBR.

DiKECTOiis.— Benjamin A. Botts, Pres't; F. A.Rice,
C. C. Baldwin, W. B. Botts, Bob't Brewster, 8. K.

McUhenny, B.

Bonds

AND AIX KINDS Or

Member N.

THOMAS BRANCH &

Write OS if you wish to buy or sell.

&

attention to

special

Railroad Stocks and

Street

Geo. H. Prentiss,

Collections

DEARBORN STREET,
CHICAGO, ILL.

Texas Land

give

GAS SECURITIES,

Texas.

BANK OF CHARLESTON,

76

The funding

$500,000,

MERCHANTS' NATIONAL BANS,
RICHMOND, VIRGINIA.

S**'*' County, City, Town,
"RHArnS
JLJV.'Xi -L/Oj and Car Trust Bought and
tion.

We

I

INVESTMENT BANKERS
No.

CAPITAL,

Wm.

TRANSACT A GENBRAL DO.MBSTIC AN
FOREIGN BANKING BUSINESS.

&

THE CITY BANK OF HOUSTON,

CoUectlona

SOUTH STREET,
BALTIMORE,

N. W. Harris

Special attention paid to colled Ions, with prompt
remittances at current rates of exchange on day of
payment. Buy and sell State of Alabama and City
of Mobile Bond.s.
Correspondents.— Bank of the State of New York
New York: Louisiana National Bank, New Orleans
Bank of Liverpool. Limited. Liverpool.

Houston,

ANU

Co.,

BANKERS,
IHOIIILE, alabahia.

B. H. BCTBRVSg, Pres't.

BANKERS,
No.

&

BROOKLYN.

ST.,

GAS STOCKS

acces.*4ible points.

BALTIIUORE.

raONTAOUE

308

special attention to collections.

OFFICII.

&

Wilson, Colston

AND

C,

N.

With ample moanH, and facilities excelled by no
Bank In the State, Invites corrospondence and pays

Thos. P. Miller

^altintovx §aulict;5.
J.

Caihler.

DVRHAm,

IN CAIl 'I'KUSTS ANB OTIIBK IN
VK8TMKNT SKCnitlTIKS.

Mptciul %nvt8tments.

P. A. WILBT,

H. L. Grant,
No. 145 BROADWTAY,
NEW YORK
CITY RAILROAD STOCKS & BONDS^
BOUGHT AND

SOLD.

See qnotatlou of City Railroads In this paper.

TO HOLDERS OF DEFAULTED
BONDS.
The undersigned
holders of

all

invites

WESTERN

PUDIATED BONDS of

correspondence

DEKAUI.TKI) OK

CltlCK, Cmiitles,

or School District*. Will purchase at
Give full description and addresa

T. J.

CHEW,

JR.,

St.

with
lil^

To»nihl|.s
bcj^t

rutc!«.

Joscpb, Mo.

THE CHRONICLE

^

IJitxanctaL

^ptcivLl %nmstmi^nts.

THE WESTERN

SIXTIFOURTH ANNUAL STATEMENT; December

Farm Mortgage

market

FIRST MORTtJAGK Lc\N3 UIHJN IMPKOVED
FARMS, interest and principnl paid on day or matarity In New York. F-inds pr.,niptly placed. Large

iTj 1

Iossm. Send for circular, referencei
and sample forms, v. M. I'ERKINS. ['resident; J. T.
Secretary.
WARNB. Vlce-lTe-it.; I.. 'A. PKRKINS,
CHAS. \V. OII.I^KTT. Treas. N. F. }IART Auditor

^r Solid 10 Per

Risk;

i>i

Ct.

Do
Do

Uiipaia tosses (Fire)
(Inland)
do
All oilier claims

NET SURPIiVS
TOTAIi ASSETS
AS FOLLOWS:

For Circular Address the

Central Illinois Financial Agency,

JACKSONVILLE,

Ciieh iu Banlc
Cash iu liauds of

ILL.

Conservative Investors Attention.
$100,000 First Mortgage 6 per Cent.
Serai-annual interpst net to Investors, secured on
800 acres of Coal f^ands. and three fully equipped
Coal Shafts In " Brazil Block District." Clay County,
Indiana. Capacity of mines 1,500 tons daily.
feeurlty absolute. Will hear the closest investigatieation. For purticulnrs and ipferonc** address

Room

*

2,

Washincton

^4

Street, Chicapo.

Luanson CoUalerals
Stocks and Bonds

FiUl>A\.

Nkw Yohk, Dec. 20. 188.^
<if this Crtmpanv have this
<,)U'AnTKULV DIVIDEND ofFWO
upon Its capital stock, pHyable on

DAY OF FKBRUARV

KIKST

ST. PAUL MINNEAPOLIS
THE
MANITOBA RAILWAY COMPANY', No.

A:
63

-1-

WILLIASI STItKET,

New

No. 2

York. Jaiiiary

Vice-Pre.-^ideiit.

THE

RAILROAD EQUIl'MENT COMPANY

POST,

yohk, Jan.

5. i8K4.

of

THREE AND ONE-

First Preferred Stoek of

Corapanv lias this day i>een declared, pavable on
after Feb. 1, t«84. at this office, to stockholders
of record iipo>' '^tosintr of tiie books, us stated below.
The transfer books of the First Preferred fc'toek
.JAN. Ifl, 1884, atS
win be closed on
P. M.,Hnd re-opened on the mornintrof FKB. 4. 1884.
T. W. LlTil.IK. Treasurer.

this

MARTIN

No. 34

Ss.

CO.,

PINE STREET.

&

Francis Smith
And

Sliss.

BROKERS
IN

and

WHITE FOK

•

L.OANS.

Cinctn.AR.

PAUL & NORTHERN
PAriFIC
senit-iiitnual

^^RAILWAY CO.— A

d vidend

of

Three l*tr Cent on the Ciipital Stock of this company will be [laid ut the Bankinp House of Messrs.
Winslow, Lanier & Co., 26 Nas au street. New York
City, on and after January 15th inst., to stockholders
of record this date. The transfer books will be closed
from January ioth to I5th, inclnsl-e.

UEa

S.

York Lackawanna & Western Gs, 1921
guaranteed by Ucla. Lack. & West. KK.
Ohio & West Virginia 1st 7s, 1910.
Nortbern Paeiflc Terminal Co. Gs, 1933.
St. Paul & Nortbern Paeiflc Gs, 1923.
New York Chicago & St. Louis Equipment 78.

New

FOR SALE BY

REED

JOVES.

Treasurer.

NEW YORK.
RANK OF
THENATIONAL
BANKING AS-OClAnON.
New Youk,

Jan.

9, 18^<(.

At the annual moetinK of the Stockholders held
yesterday, the foHowinK-n mied gentlemen were
duly elected Directors for the ensuing year
(Jeorgo H. Byrd,
Charles Jfi. Bill,

52

&,

FL.

DESIRABLE

James Moir.
G. Amsinck,
A. W. Hard.
H. B. Laidluw.

Franitlin \U\ on,
Charles D. Leverlch,

O. O. Mills,

Eugene Kelly.
At ara^etlneof the Board or Directors held this
day \lr. Charles M. Fry was unanimously re-elected
President, and Mr. hicliard B. tenia was unanimously re-clocted Vice-President.
r.S.

MASON,

NATION.IL
THE
X U. PUBLIC, New Y uk,RANK
Jan.

Cashier.

OT THE

8. 1884.

At a mcctinw of the Stockholders of this Bank,
held this day, the following gentlemen we.e elected
directors for the ensuing year:
Ororyc B. Carhart,
Oliver S. Carter,
Joii;, J. Crane,
James B. J<>hn»tan,
Wni. H. Union,
D.
McAlpln,
i^umner R. Stone,
W.iitace C. Andrews,
v^rthur B. (.raves,
Abrahuu R, V;in Nest.
U. TUliutjhast,
Geo. E. Simpson,
Wm. K. SouLter
.JV¥ ft meeting of the Board of Directors held this
day. <;ei»rge B. Carhart wns unanimously elected
President and John J. Crane Vice President.
E. II. PIILLEN, Cashier.

H

l.WESTiUtiBt

r,S

IN

Wm

NATIONAL RA:\K OF
FOrRTH
ITV OF NEW VORK. Ni;w
Jan.H,
Yottjs.

1

TIIK
1881.

the atockhWMers of the Fourth
NaMonal Bank, held thU day, the followl g-named

At

II

raee'iiig of

ceritieiiien were ununimous y re-elected directors;
Jo.seph B. Hoft,
S. S. Fi-her.

Kredcrick Mead,

Charles

s.

^mlth,

p;imor<' A. Kent,

John H. iiiman.

Coruelius N.

Hobcfv W. Sluait,

Blis.",

O. D. Bildwiu.
of the Dlrecftrs held
Mr. c. D. Baldwin 'vas unan)moJ^ly
re-olected Pre.sidei t. a-nl Mr. Cornelius N. Bliss was
tuuuilmuuBly rf-ckctcd Vice-Pro>»idont
__ H- BUCKHoUT.:CasUIer,
.._

At a subsequent mee'lng

January

lo,

Chicjgo Real Estate.
The iin(lersi;?ned have for sale a C()nsldprab!e
amount or weh-improved iinti central business property. pjiyinK SKVKN to KiCiHT I'KK CENT Nr.T on

the price at wliich it can b? bought, and to which
they invite the attention of capitalist.s. ThefollowiOK li«t will indicate the general character of the
property
:

CmCA(;0 CENTRAL BUSINESS PROI»EUTV.
1.— Five story stone front buildinw, coverinB
12,fH>(> sqiutre feet, on a corner, rented for
$220.iioo
10 per cent on suliinjt price ..
a.-Two-story office bulldlnji, 40x80 feet, in
compleie order, now re ted for over 10 per

centon

100,000

price

a.— \Vhok'salQ!>tore, 40x180 feet, Ave stories
high, ttoiie front, one tenant; rents for
^tT "o

75,000

4.— Wholesale store in best location, 45xlrt0
feet, stune front, good tenants pays 7 per
cent net
110,000
5 —Wholesale store, 20x150 feet, one tenant
rented for upwards of 10 per cent on pur;

cliase price

O.-Wholcsulo

45,oOO
store, 20x 50 feet; rented for

*2.ij00 u year ; price
liu.'lness block, corner,
7

27,000
HO feet front, 170
feet deep, four atorie.**, stune front ; rented
f.T over 10 i>er centon price.
150,000
8. —Business corner, 7o feet front; 10 per cent
rental
45,000
0.— Wholesule (dry goodsj store, 40xl70foet,
Hve sturies, stone front, best, location; Income $12,0Jii, price
120.<K)0
E-ich ploco in the above list will beai' the fullest
inveHl^iaLion.

—

Further

piirticulari furnished as doslrod.

THOM.VS

ii

PUTNAM,

37 Portland Block,

t

No.

C

IVOYES,

NASSAU STREET,

21

DEJ^LER IN

CITY RA
G^^^S

WAY

I I.

STOCIiS,

TRUST
Bank

STOCKS,

CO.'S

Stoclts,

STOCKS,
STOCKS,

Insurance Stocks.

Central Trust

Companj

OF XKW VnllK
15 Naosau St., Cor. of Pine M.
in U, S.

Uouda,

SUItl'LIJ.S.

ST.

:

John S. bradley,
James M. Constable,
Ch!irU-fi M. Fry,

w

Rome Watertown A Ocdensburg Ists and 2ds.
Oswepo & Rome Bonds.
.loliet iV Northern Indiana Bonds.
Terre Haute & Ind'anauolis Stock.
Mexican (Corliss) Bonds.
Grand Kapids & Indiana Bonds and Stock.

CAPITAL, 81,000.000
WItU $1,000,000

AO«,

WILLIAM

Investineiit Securities
A A T E n

TELEGRAPH

WEUNESDAV,

CT.

PINE STUEET,

10

W]\I.

Iiid., Yicksbnr^,
31 Poultry, I^ondon.

MORTOACiE

8 A:

Bonds and

Co.,

luiliniiaiioHs,

LOUISA SAN PRANCISrO RAILST.
WAY COMPANY", 15 BuoAD ST. tMills Building),
A Semi-Annnal Dividend
TTALF (3!*) per cent on the

Albert E. Hachfield,

SPECIALTY OF THESE VERV
SAFE SECURITIES, AND BUY AND BELL SAME
AT MARKET PRICE.
WK OFFER A LIMITED AMOUNT OF DESIB
ABLE CAR TRUST ISSUES. ADDITIONALLY
SECURED BY TIIK DIRECT OBLIGATION OF

8,1884.

usual Quarterly Dividend of 'l'\VO PER CENT
day betm deeiared on tlie capital stock of this
company, pavabteattlnsofltiee on and after February
1, 1884, to sti>ck holders of record on that date.
The stock transfer books will be ch)sed at 3 oVIock
P. M. on Saturday. .la-i. lv. and will re-open at 10
o'clock A. M. on .Monilay. Feb. 4.

KKXNEIIY.

HENDEE, Piost.

L. J.

Sec'y.

CORTLANDT STREET, NEW YORK.

Car Trust Bonds.

The

S.

GOODNOW,

J:

.

WE MAKE A

hiisthis

JOHN

Sec'j

Ck.vtkal Depot.

NEA'I'. at thiaotJice.
Th.' transfer books will be closed at 3 o'clock P. M.
on MONDAY, the iJIst inst.. and will be reopened on
the iQorDinf; of Tuesday, the 5th ^hv nf February
E. P. WORCK8TKR. Treasurer.
next.

New

CLARK, Asst

^56,000.000 OO

•

-

Set.

:i

the

.•-..-..

65 Years,

LiO§MCS Pairt in

BoHiii of Directors

PKR CKNT

1.231 HS

$97102,613 80

CO.,
TltEAr>l'UEK'S OFFICE,

deeliire.i

...

Total.

B.

C
CO
'.

44,S()0 00
20,1(10 (10
7,103,S!17 •!•!

Aeirned Interest

.

The
Uar

a.U.i)!)?
lifil.oOO

Loans on Bonds ami Moitsage

SOUTlIKJtN ItAIT.WAY
<_iiiAM)

Market Value.
$l,0ai,117 31

Agents

SHORE & miCHIGAN

liAKE

99,192,643 80

Real Estate

WM.

^ntcvcst^ ^Xy^i&tM&Sf

94,000,000 00
1,68:2,252 86
9,681 46
166,252 75
10,333 68
54,662 20
3, 269, 457 85

Reserve lor Re-Insuraiicc, (Fire)
(lulaiid)
do
Do

ACClTIWUIiATION.
CAN HANDLE SDMS LARGE OR SMALL.
Solid as English Consols or U. S. Bonds

--

HAETFORD, CONX

ii-

CASHCAPITAt

RAPID

'm£

INSURANCE COMPANY,

7I?miVr A

No

experience.

No

1S83

31,

OF THE

Co.,

LAWRENCE, KANSAS,
Offers to Investors the best securities in tlie

XXXVIII

fVoL,

Brokers,

CHICAGO,

ILL,,

Allows Interest on deposits, reltirnable un demand,
or on spefitled dat Ps.
!(• a leKi'-l deP'!!»Uni y for money pnifl
Into Court. It
authorized to net «., KiHCilnr. A<tlI,iln^l^aU)r, GuaTb
dUin. or In any other pusMlon of t'list.
Also as ReKlstrnr ^)r 'i'rrtnsfor A^piit of Stock! Ul4
Bonds, jind as Ttn.sfefl for Kiillroiid Mori^r.-igei.

IIKNHV

K.

tJPAUI.DlM;,

rrcslrteut.

• ; \ ice-I resWenU.
B. B. SIIKKMA.V,
C. H. P. BA lil-OCK, Secretary.
UEORGIi; SUHUMAN, A.«i»iani SecrotirT"

BOA ItD OF TUUSTKE3.
CLASS or 18M. CI.A3.S OF 1885 CLA.ns or I8M,
A. A. Low,
S. iJ. Babcuck, David IJowi,
Fred't H. Cossitt, I. N. I'belps, ti'onrire \V. I,an«,
Jac'b D. Verniilye .Ino. Thorne,
BenJ. B. .fhermaik
Wm-AUen Butler A inos R. Kno, J. I'ieiiiont Morg^
Percy H. Pyne,
Ciusl'v Schwab Chas. l,at>ttir,
Wtn. H. Appleton J. P. Wallace. tieortre 1. Sensr,
Etlni. W.r.irlie», .Io«liih.M.hl»ke (.'has. ((. Landov
Geo. MacCMiller, ll.F.8i>aulditt{{ Wm. H. Webb,
Cornelius N.UIlsi J. S. Ksuaedy. Fred. P.Oloott.
Spencer Trasi.

Ge0. F. Peabady.

&

Spencer Trask
Bankers,
70 Broadway,

New York

Co.,
City.

Transact a General Banking Bust'hest
Branch Offices.
Connected by private vHret.

PHnADKLPMiA, 132 S. Third St., G. F. Ftm
Albany, N. Y., 05 State St., W. A. Grav*$
Providence, R. I., 13 Westminster St.
Saratoga, N. Y, Grand Unim HoteL

,

mmk
HUNT'S MERCHANTS* MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES

VOL.

SATURDAY, JANUARY

38.

CONTENTS
How Mnuv

41

Failures in 1883, 1882, 1881,
1S80, 1879 and 1878

44

Monetary

Trade DuUars Are

Tlicrol
Kailrimcl KariilnKS In December, ami from lau.l to Doc. 31
Enghiur. niul Egypt

THE

Engllsli

Railroad

and

Boiidj

r,i

Stoek Exclianxe

Investments, and state. City
and Corporation Finances...

5.~>

THE COMMERCIAL
OH

Comnoerelal EiiKomo
Cotton

51

bank currency

53

accumulating surplus.

(i3

contracting under the sure process of an

is

59

TIMES.

I

BreadstuflFs

1

Pry (ioods

mean

not

60
TO

%\xt dxrcruitle.
Thb Commercial and FiSANoiiL Chroniclb

a country like ours such a condition

that in

picblished

situation or too quickly provide

TERMS OF SU JSCR PTlOM -PAYABLE IN ADVANCE:
$10 20
For One ircnr (incUidinif i)0.stiige)
do
6 10
KorSix Monllis
£2 78.
Annual subscription in London (including postage)
do
*1 8s.
•Sixmos.
do
do
Snliscriptions will be continued until ordered stopped by a v-ritten
onJer, or at the publication office. The publishers cannot be responsible
liy

Money Orders.

Draft* or PostOlliee

The
ln?s,

ofllco of

where

the Ciirosiclk in Liverpool

sul)scription8

is

Brown's Bulldbe taken at the

at No. 5

and advertisements

will

regular rates, and single copies of the paper supplied al Is. each.
A neat file cover is furni.'^hed at 50 cents; postage on the same is 18
cents. Volumes bound for subscribers at $1 00.
IVIt.l.I.V.TI B. D.VN.\ Sc Co., Publishers,

WILLIAM

JOHN

O.

It. DANA.
FLOYU.

I

(

79

ti.

(

81 William Street,
PUST OKI'K'K Bo.\

NKW YOKK.
l)."l8.

THE FINANCIAL SITUATION.
circles,

the

a

relie.'.

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
There is one feature of
financial, and put up prices.
decided strength to that market which is more and more
That

obvious as the weeks progress.
the burnt child dreads the
stant fear of a "twist."

not

made much money

haps by the
the

is

to say, experience

fall

so they

fire,

As

seem

state,

a matter of fact they have

for several months, except

of the Yillard stocks.

cover

week has not developed any new To be

that

are

almost

as

sure,

there

so

affected,
fast
is

and as

to live in con-

fresh

as

now

all

that
lines

per-

Their views of

market have undergone no change, but

nerves
In trade

obviously obstructs

has put the bears into a very nervous, timid

lilverpool Office.

is

of

Congress cannot too closely study the

in healthy reaction.

every Saturday morning.

made

a fear of either

values,

man

power may get well while violating
But as contraction or depreciation

great recuperative

unsettles
is

Entered at the Post Office, New York, N. Y.. as second-class mail matter.l

for remittances unless

the question of

certain to prevent recovery, for even a very sick

the laws of health.

New York

Even leaving out

taxation, no one of our readers needs to be told that
QuotatlonsofStocksand Bonds 56
57 uncertainty as to the future volume or value of our curNew York lyiciil Securities
Railroad Earnings and Bank
oH rency interferes with a free recovery in business.
Returns
We do

Prices nt the N. Y.

in

C»n>merci«l

49

Forelijn E.toliHDgp, U.S. Seen ri lies. State
uiiil

and

News

News
BANKERS' GAZETTE.

.Stocka

upon the action of Congress as now. As is only too evibusiness is under a cloud, and yet our taxes are
unnecessarily oppressive, the basis of our currency is
50
threatened by the continued coinage of silver, and our

45 Commercianind MisocUaneous

Money Market,
Eange

968.

dent, all

THE CHRONICLE.
Tlie Finanoial Bltnatlon

NO.

1884

12,

they
are

it

is

their

rush
put

to
out.

the time one fact stand-

January have as yet ing against them, to wit, an oversold market with the
Conscious of
been less frequent than the prevailing fears had estimated stocks in the hands of strong holders.
them, and business, though quiet, is making fair progress. this and of their bitter experience, every little demonstraStill, there are evidences throughout the entire country of tion on the part of the bulls puts the whole craft in a
impeded activities and sharp economies, indicating a flutter.
smaller volume of -traffic in the months to coins.
There is
One of these movements has been in progress the past
as yet no diminution in the visible supply of wheat, and week.
Its operation and results Sro wholly outside of the
no indications of an enlarged foreign demand but the greater influences which are affecting all business. The
arrivals of breadstufia at Western markets have fallen off, special facts of the week have tended rather to the dissome claiming that it is a sign of exhaustion, while others advantage of prices. Among these, the rumors and facts
insist that it is simply a result of the heavy snowstorms. connected with the pooling arrangements have been most
In the meantime, our exports continue small and foreign disquieting.
Eastern and Western associations seem now
feature.

Failures

since

the

1st of

,

;

is marked up.
With such an outlook commercially,

exchange

to

bo alike unsettled.

There

is

a chance, of course,

if

not

not surprising a 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 of stocks of their respective companies, anything impairrumors and hints as to the opinions of committeemen are ing the value of the properties will, if possible, be most

though perhaps un- carefully avoided. In this direction is the report that at the
we remember when, meeting in this city of the Trunk line pool on Thursday,
the opinion of conservative classes, so much depended the rates which earlier in the week were reduced bj th«

read with no

little

reasonable,

natural, for

in

it is

is

solicitude.

This,

never can

THE CHRONICLE.

42

Vol.

I

XXiVUl.
rf

heavy output of coal and the maintenance of the price o
The disciplining of the Lackawanna by cutting o5 its the same, without which circumstances the present showWestern connections next Monday is a severe measure, ing Would have been impossible. la 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
Commissioner to the lowest cut figure were restored again-

would afford important evidence of the business, the suggestion is pertinent whether, after all, it
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.
The decline in New York West Shore & Buffalo bonds
such an ending is believed by many, since otherwise it is
a
indicated
has
been another leading feature of the week. The most
have
would
roads
stocks
of
the
thought the
rupture, for the managers would know it and could not reasonable explanation is that the cost of the road largely
exceeded the estimates and the North River Construction
Still, all tbat is of doubtful significance, and.
conceal it.
besides, it will soon be known by the event whether the Company became so embarrassed as to be unable to make

it

succeed,

it

strength of the pool, and

They attempted

differences are capable of harmonious adjustment.

further advances.

Another indication which has been unfavorably interpreted is the falling oS in earnings shown by many of
It should be rememthe returns now coming to hand.
has already
market
the
stock
bered, however, that

holding of bonds and stock which they had received from
time to time, and as there was no market for anything

—the stock not
— these were pressed for

except the bonds

change

to realize

being

listed at

At

sale.

upon

their

the Ex-

the same time

of the supply became excessive by reason of forced sales by
any individuals who were embariassed 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
The decline was aided
In addition to our monthly listed at the Stock Exchange.
lower cost of materials, &c.

very

discounted

possibility

largest

the

liberally

unfavorable developments in the future,

aild

as to

from the
from the
Milwaukee
Northwestern, the Chicago
Chicago &
& St. Paul, the St. Paul & Omaha, and the Chicago &
Alton, all of which show lower totals than a year ago.

review

West

we have

reports

in January,

1884,

another column,

in

the

for

One reason

week

first

for the

falling off

that

is

extremely cold

loses some
when we recall that the previous year was
distinguished in much the same way, and that some of

weather retarded shipments, but
of

remark

force

its

the

this

here mentioned

roads

which the present decrease

had a decrease
is

additional.

then,

Some

to

trafiSc,

however, was undoubtedly delayed, and to that extent
this is

an encouraging feature for the future, when the

embargo shall have been removed.
Whatever may be the outcome of the present

existing

however, there

no denying the

is

year,

fact that reports cover-

ing the past year's business continue very encouraging.

The latest received is that of tne Philadelphia & Eeading
to November 30.
And this makes a wonderfully good
Remembering that it is less than four years
exhibit.
since the property was thiown into the hands of receivers,
and that scarcely eight months have elapsed since the
receivership was ended, the results disclosed must be an
agreeable surprise to even the closest friends of the enterprise.

We

have

some allowance

all

of us

for Mr.

been a

little

dealing with that gentleman's hopeful

but

future,

speak

surely

facts

exhibit before us

tells

inclined to

make

Gowen's buoyant temperament

us

for

that while

estimates of

themselves.
in

in

on Thursday by reports that the accounts between the
Company and the railroad were being settled

Construction

preparatory to a severance of the relations between the

two companies, and that when this was done a new
mortgage would be arranged
as
so
to
provide
funds for the completion and equipment of the road.
Undoubtedly many of the statements regarding this property are exaggerations for the purpose of unsettling con
fidence

and producing an unfavorable

The report with regard

on the market.

effect

second mortgage

to the issue of a

has already been denied.

which Mr. Villard has been
been some developments
deserving of mention. At the Northern Pacific meeting
a statement was presented showing that the company had
earned net $2,211,293 during the last six months of 1883,
and that, according to estimate, it would earn $3,127,000
more during the first six months of 1884, making
$5,338,293 for the fiscal year ended June 30 next, while
the charges for interest, &c., would be only $3,882,341,
so that as a result there would remain a balance close on
That, of course, is a good
to a million and a half dollars.
Mr.
Oakes,
Vice President,
But as
the
exhibit.
year
estimate for the second
half
on
bases his
In the properties with

chiefly

identified

gross earnings
for

the

first

there have

only $6,638,983

of $7,050,000, against
half, it

may

be

a

little

too

favorable.

Of course the road was not open its entire length during
The the whole of the period from July to December, but then
the

1882 the opera-

the second half year comprises the severest of the winter

combined companies (railroad and coal) months, and has always produced less favorable results
resulted in a surplus of $882,941 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 $1,274,292.
In other words, the surplus is months, and only $3,531,061 during the second six months,
tions

of the

sufficiently large

to

pay, should

the

directors see

fit.

a

a decrease

of

nearly $800,000.

We

also

observe that

upon the preferred stock while actual expenses from June to December 1883 are
(of small amount) and of 6 per cent upon the ordinary reported
having been $4,427,690, for the six
as
stock and yet leave a small balance ($57,634).
Of the IJ^ months of 1884 to June 30 Mr. Oakes estimates they
million increase in suiplus, ,$633,482 represents profit will be only $3,923,000, or $500,000 less, and this
derived from the operation of the ('entral of New Jersey on a business assumed to be $400,000 greater.
Mr. Oakes
from June 1 to November 30 (a half year), and the doubtless 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
Jersey was worked, the Heading did not have to meet any kind the 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
And as to the favorable result on all the year, the company has already earned $2,211,293 net
half what it is.
lines, this is due entirely of course to the exceptionally during the six months which have elapsed.
dividend

of

7

per

cent

Jamcary

THE CHRONICLE.

13, 1884.]

Another event of the week has been the placing of a
for $8,000,000 by the Oregon & Trans Continental
Company to provide for that company's floating indebted-

Jon.

The

loan

is

secured by a deposit with the Fawners'

Loan & Trust Company
gation stock and

Oregon Navi
the common and pre-

of 90,000 shares of

90,000 shares each of

&

Jon.

7,

Jan.

reported that the

It is

8 millions borrowed is divided into 18 blocks of $4:57, ."500
each, secured by a deposit of 5,000 shares of each of the
stocks already mentioned, and that the holders of these
blocks have the privilege of paying themselves during
July, August and September next, by taking one-half the
stock pledged, the shares on this basis being put in at par
for the Oregon Navigation stock, 50 for Northern Pacific

Jan.

10.

II.

VHCM. prtoM,

l>H<M.*lpr<«M. price*.* prictt.prlta.'.vrieu. priet:' ptictt.
o.8.«i,o.

O.B.4«».'
CrI*

I

i2au
lUOS

11419

114)4

188-84
114-18

U8M
IMM

27-4S

87

87-W>
88-79

87X

87-88

•SM

123-70

114-

iuyt

SWH

87-

«7«

een'.

•-•

«R

Moon.! m-0»
lU-Cent.' I84'0S

UBM

128)4

11

iiS'C9

188-44

114-48

ISSX
114M

12.1-

\2a>i

m

1

1S4'

13SH

ISSiW

114M

114

USX

118-46

esx

SB'

\8aii

II. ir.

0..| I11-81

Budlnr

30-81'

0iit.W'nl
St. Paal.

M'13

Can.Pao.

67-40

18Hl
93Mi 03'
b7m{ oe
-

184-80

08

ee

89-884

16M

iiW
tea

•

4-06

118-70

98

18»<

118«

S9^>8t

es

im4
ISH
92M
BOH

13

OH

66-80

06

«e-M
184-68
118-40

9t

188K
II8M

I

ferred stocks of the Northern Pacific.

Jan.

B.

Lond'n U.Y. toiwt'n S.r. |t<m4'«| W.r. Lond'n W.r. LtnOfn ir.r.

loan

ness.

43

BS'M

mi

88-78

sex

92-96

Bioh'ge,
oablea.

4-88

4-87X

4-86W

4-88

4-88

tbclrNe-w York equivalent.
tBeadlDK on basts of $50, par value.

* Expressed In

Money on

has not risen above 2^ per cent, and the
2, with 1 as the

call

majority of the loans have been at 1^ and

and 25 for Northern Pacific common. If this lowest. The disbursements by the Treasury continue
itself, what would
be the liberal and the domestic exchanges at Western points are
position of the Oregon Transcontinental should the hold- in favor of this centre, so that the banks are accumulating
preferred,

the question presents

is true,

ers of the trust certificates avail themselves of the privi-

reserve.

It

is

now

reported that the Secretary of

the

Of course, the company would be relieved of Treasury will issue a call for $10,000,000 bonds to mature
8 millions debt, but it would hold 45,000 shares less of about March 15.
The following statement, made up from
each of the stocks in trust than it now holds. In other returns collected by us, exhibits the week's receipts and
words, instead of 152,027 shares of Oregon Naviga- shipments of currency and gold by the New York banks.
only 107,027
shares
would have
stock,
it
tion
Received by
Shipped by
Net Interior
Wetk Ending Jan. 11, 18&1.
(some 13,000 shares less than enough to give absoN.T. Batikt. N.T.BankM.
Movement.
organization),
and instead of Currency.
of
that
lute control
11,096,000
12.027.000
Gain. »931,000
49.000
30,000
Gain.
Gold
16,000
301,634 shares of Northern Pacific common and pre12,072,000
tl,126,000
Gain. 1916,000
Total gold and le«ral tenders.
In
ferred stocks it would hold only 211,634 shares.
' $270,000 of tills was transferred in the shape of silver certlflnates
connection with the Villard properties, we would also note
by a deposit of gold lu the Sub-Treasurj".
Coinpany
Oregon
Navigation
to
determination
of
the
the
The above shows the actual changes in the bank holdlege offered.

new mortgage on

place a

millions to be

used

property for $14,280,000, six

its

the

retire

to

and currency caused by this movement to
and from the interior. In addition to that movement, the
outstand- banks have gained $2,700,000 through the operations of

existing

debt,

ings of gold

and

$1,200,000 to be set aside for the 8 per cent scrip
about 7 millions to be used for other pur-

ing, leaving

Adding that item therefore to the
the Sub-Treasury.
The placing of this mortgage is significant as above, we have the following, which should indicate the
marking a change in the company's policy of supplying total gain to the New York Clearing House banks of gold
Heretofore all the and currency for the week covered by the bank statement
its needs for new construction, etc.
money required has been raised on new issues of stock to be issued to-day.

poses.

par,
the capital having
offered to stockholders at
been increased from 6 millions to 24 millions in this way,
millions. The
while the bonds were kept unchanged at
fi

piemium commanded by

large

inducement
capital,

to stockholders

but

now that
mode is

vanished, tnat
is

made

to

to

the

stock

subscribe

an

offered

the

for

premium

has

substantially

and

hence resort

an additional issue of bonds.

Foreign exchange continued strong until yesterday, when
there were larger offerings and a reduction in rates.

demand has been
sterling

The

partly speculative, bankers buying long

intending to hold

realizing about 3 per cent

it

until

it

becomes

annum

short, thus

money,
and taking the risk of a decline in rates within sixty
days.
There is also a good inquiry for bills to
remit for
West India accounts due in London,
and a somewhat
urgent
demand for bills with
which to cover speculative sales made sixty days ago when
per

for their

the indications pointed to a more liberal

movement

and breadstuffs.
The supply is very
cotton shipments showing a large falling off

cotton

export of grain being checked by speculation.

light,

how

speculators

can

the

an^ the
Bankers

much

when

and the staple
shown by the posting
this week at the Produce Exchange of over 500,000
bushels of wheat which had been partially destroyed by
weevil and rotting.
The following shows relative prices
of leading securities in London and New York at the
the price

is

Total Kold and

lejcal

The Bank

of

tenders

13,07-2.000

11.126,000

Gain. (916,000
Gain. 2,700,000

11,126,000

Gain. t3,646,000

^,70u.000

|4,7TO,000

England report shows a gain of £45,000
bullion for the week.
This represents £256,000 received
from the interior and £211,000 exported. The Bank of
France lost 3,450,000 francs gold and 4,650,000 francs silver,
and the Bank of Germany since our last shows a decrease of
3.240,000 marks.
The following indicates the amount
of bullion in the principal European banks this week and
at the corresponding date last year.
Jan. 11, 1884.
aold.

aUver.

Jan. 12, 1883.
Oold.

Bank of France....
Bank of Germany

....

aUvar.

M

M
20.617,688

21.4s2<l273

37,8b4,l19 39-6.19.Rn7 37,899,019 43.182 790
7,022,675 2 1,068,025 7,164,000 21.492,000

Total this veek
XOtal previous week

The Assay
for domestic

06,389,067 60.7-20.83'2 65,680,737 64,674,790
66,465,46? (:0.859,099 65,551,541 64,315,168

OfiBce paid

$86,709 through the Sub-Treasury
and the Assistant

bullion during the week,

Treasurer received the following from the Custom House.
OontiiHng of—

DaU.

DutUi.

-- \IL

steadily declining

deteriorating, the latter fact being

opening each day.

Into Banks, lout of Banks Net Chanqe in
Bank Hotdinvt.

longer

carry the load of grain which they have in store, especially

}

of

regard a further advance as possible but not probable.
It is difficult to see

11, 1884.

Banks' Interior Movement, as above
Sub-Treasnry operations, net

new

impracticable,

the

Week Endim Jan.

Jan.

4...

••

5...

"

7...

"

8..

"

9...

"

10...

Total...

«C06,916
401,491
380,053
395,223
285,331
518,797

86
28
46
30
S3
29

$2,687,814 02

424.000
11,000
5,000
11,000
9,000
16,000

$30,000
12.000
26,000
17,000
17.000
35,000

«

Oold

aUverOer-

OerH/.

tificatet.

$146,000
297.000
272,000
242,000
173,000
373,000

»76,00C n37.00i> 1.807,000

$107,000
81.000
77,00O
125,000
84.000
93,000
$367.'>

•

THE CHRONICLE.

44

HOW MANY TRADE
A question seems

to

still

we have

DOLLARS ARE THERE?

It

be troubling some minds as to

results, to

allow one to accept any estimate except the

broadest.

Possibly the authority for those

the advisability of redeeming at par and recoining trade

This proposition has been lifted into respectability

dollars.

[Vol. XXXVIII.

by Secretary Folger advocating

it

in his last report to

is,

as

former

official

number

seen, too serious a question in its possible

who

is

figures

so clever as to be able to

of trade dollars each wily

a

is

the

tell

Chinaman has taken

Of course the speculators, who mainly hold in his pocket when he has revisited his home. Be that as it
them, will soon press their case at Washington, if they may, turning to the Government import and export figures
coin, there seems not only nothing of fact to support
are not already doing it, and it is possible that it may of
either
statement, but a contradiction of them.
Until the
But before committing one's
receive a favorable hearing.
fiscal
year
of 1877-8 there was no attempt made in the
self to that side of the question, there seems to be a very
important point which any prudent representative, what- Government returns to distinguish between foreign and
«ver be his views as to silver, will seek light upon. We American coin. Up to the close of the previous year,
refer to the quantity or number of these dollars that are June 30, 1877, the mint had turned out $24,582,350 of
Congress.

still

trade dollars
the first were in 1874 when the
amount was $3,588,900, in 1875 it was $5,697,500, in
no confirmation what- 1876 it was $6,132,050, and in 1877 it was $9,162,900.

now

outstanding and

We

the

waiting for redemption.

put out by Government officials find
ever in Government statistics. Mr. Folger states,
" believed," that our people now hold no more
" five
dollars
to
eight millions " of
these
" the

"

portion

it is

than

millions

remains abroad he adds,

still

Silver coin, fiscal years

reasons

for

amount

an

embarrassing

The

fair inference,

that

With then a

trade dollar coinage of a little over 24J
from 1874 to 1877 inclusive, the silver coin
and imports and exports for the same period were as follows.

"

;

which
presumption is,"

the

of

;

are led to this inquiry because the estimates lately

will

which he gives,
187-1
not come upon New York

fo

would be
millions

perhaps, from these suggestions

that in the Secretary's opinion a little over eight

is

the extreme

of the provision which will

limit

Exported.

Excess of

^11,823,230
14,017,997
4,8 4.440

$15,200,483
29,072,911

$3,383,253

1,4.53,940

-3,410,500

1.5.733,334

iiil:>.027,067

Exports.
;

"us."

Jmporteil.

1^77.

San Franci-seo
OtUerports

j

Total, 1874-'77

^30,70r),t)67

!

if:

Here is a summary which plainly
be required, if any provision is made to redeem at par.
June
30, 1877, the statistical reports
At all events, whether or not the Secretary meant to be
so understood, that figure

the

is

generally favored by Government

outside total which

is

and others who

officials

].').034,914

j

up to
no justification for the statements that the trade dollars had all been
exported and none returned
for it shows a net export
indicates that
afEord

;

of only 15

coinage of 24^
course
these
figures
include
Of
the movement
fact, this week it has been stated in the Herald by one
subsidiary
and
that
extent
(small
of
silver,
to
in amount
Representative
of its Washington correspondents, that
Bland had just had an interview with Mr. Burchard, we should judge) not capable of being analyzed. Bat if
Director of the Mint, and the latter expressed it as his we assume that all foreign coin which came in went out
opinion that there were only five or six millions of these again, which presumptively is a fair assumption, especially
coin out.
We do not know whether Mr. Burchard is since the trade dollar a part of the time was worth more
accurately reported in that statement, but we have good here than even its bullion value, and decidedly so in 1877,
reason for believing that his opinion does not differ very when $9,162,900 were coined, and therefore would be
on that assumption we say, which
retained if either was
materially from that given.

advocate the policy of redemption and re-coinage.

In

millions, against a trade dollar

millions.

—

One needs

to

opinions, since this

very

be
is

would obviously prefer
than under-estimating.

careful

a point upon which any legislator
err in over-estimating rather

to

In the

even now under a load of
therefore be a bold

accepting these

in

first

place

we

silver dollars

man who would jump

cess of re-coinage without

first

are trembling
;

would

into

it

this

not
pro-

obtaining pretty accurate

seems

to

us

to

be

fair,

country on June 30,
(even allowing

2^^

the stock

(1877)

trade

millions for return of

and foreign coin melted)
that date

of

there

is

7

dollars

in

the

would be somewhere about

1877,

subsidiary silver

million dollars.

Thus up

to

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
knowledge of the extreme dimensions of the job ? Or if
determined to redeem them simply how reckless and point, since we have in corroboration some positive eviinexcusable it would be in Congress to act before it was dence.
In the Mint report for the year ending June 30,
made perfectly clear what was the outside limit of the 1877, the Director states (on page 13) "that the trade dolappropriation needed.
The draft on the Treasury in " lar has of late entered to some extent Into domestic cir.
excess of official expectations which the pension law " culation, and this for the reason that from time to time
amendment is causing, forcibly suggests to any committee " since United States notes have appreciated nearly to par
the importance of being doubly cautious in accepting such " with gold, holders of silver bullion have been able to
estimates when they involve an appropriation.
Our mints "have the same manufactured into these coins and exhave coined $35,959,360 of these dollars. Is it five, eigbt " change them at par for United States notes with a small

—

it is

or twenty millions that are

—

that

is

the question

amount, the proposition
lem, than

if

now

first to

waiting to be redeemed

be settled

obviously a

is

only the small

sum

;

and

if

the latter

much graver

prob-

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

" profit."
Mr. Secretary Sherman in his report dated
December 3 (page XX.) of the same year (1877) is much
more explicit, for he asserts that in October it
"apparent
that
no
there
was
become
so
had
dollars, but that
trade
^'further e.tport demand for
" deposits
made, and such
of silver bullion were
of
the
Mint for circu"dollars
were demanded

in the first place that Mr.
on the supposition that " five- "lation in the United States," that ho temporarily
sixths of the coinage " went abroad in the beginning and suspended the coining of them, as the mints were then fully
Here are two statements occupied on the subsidiary silver which at the time was
that but little came back.
which, if the Secretary has been rightly informed, ought being issued and substituted lor the fractional currency.
and if they are not susceptible Here, then, we have two officers of the Government very
to be susceptible of proof

Folger bases

his

find

calulation

;

of proof

we cannot but

reject

them

in

this

discussion.

plainly asserting that in 1877,

when we made

the large

Jancaut

1884

12,

THK (iqiONlCLE.

)

The above shows that for the period covered by this table
movement resulted in anetimportof $14,907,735. And
mind that not only here we wish to remark that so far as the imports of silver

coinage of $0,102,900, the export demand had Bubsuntially stopped, and the dollar was being used here as curFurtberniore,

rency.

was there

homo from

coins

we

if

will bear in

time a decided proSt in bringing these

at this

them

the East, and setting

afloat hero as

currency, but that this condition was also clearly foresetjn

before
of

it

was

realized,

(when the

1877

during

coin

silver

be admitted that the imports

will

it

imports

total

reached the large aggregate of $9,797,616) must have

amount

included quite an

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

silver kings in the

Government

"on

quietly sleep, so our clever

to coin trade dollars,

number

induced the

again

and

was continued

it

for that

year reached $11,378,010.

for this resumption

was an increased demand

until the total

The excuse

it

year 1878

fiscal

the Pacific coast for Chinese

But subsequently

it

new year

" transpired" (so the

45

settlements."

Government report

the

are concerned no reliance whatever can be placed
upon the division above made between American and
coin

This

foreign.
in charge,

but

not in the least the fault of the

is

In the

themselves.

officials

a necessary result of the circumstances

is

the consignee

place

first

has no

whatever in being particular about describing the
different kinds of coin sent, and furthermore in this case
it was to the advantage of both the consignor and consignee
to keep the extent of the trade dollar movement concealed.
interest

Had

known how

the country

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

were imported,
that

is

up

from the circumstance

further evident

Mexican dollars began to arrive in such considerable
Government even issued a circular point-

reads) "that trade dollars manufactured under this author-

quantities that the

were not all shipped to China, but the larger
were transported to the Mississippi Valley as
" well as to the Eastern Slates, and there placed in circula" tion," and hence the coinage was again suspended.
The
amount not exported must, of course, be added to our home

ing out in plain terms that they could not be used in the

'«ization

" portion

stock of trade dollars as

Turning now

to the figures for silver coin imports

we

exports during the years subsequent to 1877,
still

and
find

other evidence that the total to be redeemed has been

In

greatly under-estimated.

considering

movement we should not overlook

the

foreign

this

decline

in

the

value of silver bullion which had then taken place, for

caused our dollars to be received with

East as

as increased the profit

will

on

it

favor in the

less

their import

and

These forces could not help resulting in
their being sought for and sent to the United States as
In confirmation, we
rapidly as they could be collected.
give the following statement of the shipments and receipts

circulation here.

of silver coin

made up from

the Bureau

of Statisiics

-.

-

w

8:

:

as to the inducement existing to

V;

"S3

iS.^X

§?»• X
.

m

2* CO
-1

0-13

:8:e

so

.

C

•

!S

ii§i
tiil_„?IIM

oic'—

American coin, since, with silver bullion at say 5 Id. per
ounce (near which it ruled during all the period covered
by the last exhibit), none other would be worth keeping
or melting here.
of

have thus suggested some of the leading points
will help one to make up a fairer estimate than

'iNi«!
f'!

531

'i'iii
»C;'-'»C-1

I

tC

gi

amount coined

im

llPi
>-

::r'-5

^sS

«i

£1

u>;-

*-

ten

jfc.

*a

— ct

*-o

M.fc.

— « — ss

sill*
j;?;

tew

ii'-(C"o

5^?Si5S:M
Ti« • *

'

CI ro

"c^'r

a3g§
pp

u

*

S^i^5i

—

K

necessary conclusion,

to

to

«M

o

c^^^-i

h-lscc*-*

'

ii§-':s

fc'^^'j

£

"f*!

-?i«

il22

r,,i:^:J

?,

_^2£-,|

"^Igsji

glggg

flag

Excess ol exports,

o

to*.

cs|

Ig-?

<s..-)i

in

our

circulation

were everywhere present, and
abundant.

ill

^'"c;tT
^'^'^^S
M|

—= O

K(o
— '—
—

tow

in

these

trade

dollars

held previous to the time they were discredited, for they

to

^'••*.

of trade dollars in existenco

was largely kept at home for circufrom the facts (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 seeuito 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

—a

important part
<(•

number

prevails of the

in those years stated

*i:|»c*i'?s

.1111

pick up the trade dollar

shipment here, and the eSect it had in sending them
to the United States.
The presumption must be that the
above «e< total of $14,907,735 is almost wholly made up

the

p "HP o
^
... So ITf

bgg
5^.1

1878

for

lation

tC

In referring to this
in his report for

First, we have
1877 and 1878 ($20,540,910), which
the Director of the Mint and the Secretary of the Treasury

I'

e

!: 2:

into circulation, so they

here and awaiting the action of Congress.

d

-,

them

imported Mexican silver dollars to a large
"extent and placed them in circulation," &c. This statement only represents the prevailing opinion of that period

We

X

nil
--5

§3

--

effort to get

out of the country again.

" speculators

now
—
5 2

legal tender.

stated that " a/lei' trade dollars could no longer he procured
" to be placed in domestic circulation, money dealers and

which

UXITED STATES IMFOBTS AND EXPOBTS OF SILVER COIN.

c

and that in no sense were they a

check upon the
passed

reporia during the years 1873 to 1883 inclusive.

5

States,

movement, the Director of the Mint

stood in 18.77.

it

United

This circular discredited the coin, and put an immediate

Ft

Altogether, then,

it

in most places extremelyseems a moderate estimate

say that 20 millions of those dollars are

still

in

exist-

most of which are today held by speculators
who are already pressing their claims upon Congress.

ence, the

RAILROAD EARNINGS IN DECEMBER, AND
FROM JANUARY 1 TO DECEMBER 31.
The December statement

of earnings

tory as have been the returns

The fgures continue above

for

is

not so satisfac-

other recent months.

those of a year ago, but in

THE CHRONICLE.

46
amount and

ratio

What makes

the

the gain recorded

smaller gain
is

with a month in 1882

—

same way that is
show a very large amount

in the

trifle

cent.

much

itself

December, 1882, did not
The gain then was

1883

is

1882

nor

per

but 4

has shown

was very heavy, and
note that the improvement since then

increase, in 1881 the gain

been continuous

it is

has.

at least.

upon railroad

been general rather than

special.

receipts

have

among

these

Chief

must be mentioned the existing depression in business,
which has become an unfavorable feature even in the
"West, the section until recently less aflected than any

As

we

a result

again

1882.

note

$
216,323
62,803
636,200
33,981
61,958
331,500
33,232
91,178
126,463
72,193
21,230
421,180
94,901
699,480
1,318,283

+ 22,595
+ 13,933
+ 195,102

Total (57 roads).. 21,022,356 20,243.083

+ 779,273
+ 146,850

Weaternl..

Northern Pacillc*
Ohio Southern
Peoria Dec.AtEyausv.
Rich.

&

Danville
West. No. Carolina.
Rochester & Pittsb...
St.L.

A.&T.H.m.line.

Do do

(branches).
St. Louis & Cairo*....
St. Louis & San Fran
St.Paul&Duluth....
St. Paul Mluu. & Man.
Wab. St. Louis & Pao

& Nav

Oregon R' way

427,500

1882.

$

$
193,928
46,930
441,098
39,157
49,102
322,100
23,076
28,000
124,621
75,355
27,254
339,424
92,873
733,515
1,331,952

ife

Shenandoah Valley.

.

influences operating

other in

Norfolk

Mileage.

Increase or
Decrease. 1883.

noted

of increase.

over 6 per cent, and this year

gratifying to

The

to say,

however, neither

If,

Gross Earnings.

Name of road.

is

1883.

that the comparison

only a

quite moderate.

is

particularly noticeable

XXXVin.

[Vol.

-5,176

+ 12,856
+9.100

+ 10,156
+ 63,178
+ 1,812

—3,160
-6.021

+ 31,756
+ 2,031
—51,035

+ 180,336

230,650

502
240

428
240

2,372

1,419
12s

128
254
757
206
294
195
138
146
740
208

254
757
190
125
195
121
146
724
208
1,020
3,518

1,387
3,518

46,837 42,750

_i-::

Grand total
21,449,836 20,523,73 5
+ 926,123
weeks only of December in each year.
For 28 d.ays only of December each year.
Tliree

1

a

Northwestern roads are not this time noted for their
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
As far reported to have been $151,700, but that is due to the
the volume of general and miscellaneous freight.
respect.

this

decrease in passenger earnings in the case of a few

movement

the grain

the

concerned,

iso-

gains.

December (1882) exceeded
by $108,000, and the company has appathere has been a 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
as

is

some

the Western towns show that while in

roads

may have been

receipts

at

of the cereals

favorably or unfavorably affected,

according as they carry chiefly this cereal or that.

In

fact that the actual receipts last

the estimated

been only about $43,000.

Still, it

remains true of

road, as well as almost all others in the

same

this

section, that

cotton there has been on the whole a smaller volume than

the last week this year was the least favorable of the
December, 1882, but here, too, the result is not alike month. In some instances, as in the case of the Burlingin all sections, and some of the ports even exhibit an ton Cedar Rapids & Northern and the St. Paul & Omaha
increase.
We have seen it stated that cold weather was roads, where our table shows an increase for the month,
quite a drawback this year in some parts of
the this is only because of gains made in the early weeks, the
West and Northwest with the railroads, but that remark last week recording a falling off. The Milwaukee & St.
in

we

applies,

more

think,

particularly

to the early

days

Paul exhibited an increase

of January (rather than the closing days of December), as

the last

there have been no direct complaints from the roads

in

reporting to us for December.

however,

In the following table,

giving earnings and mileage of each road, the effect of the

work can be

all

through. the month, but in

week the increase was hardly more than nominal
amount. The St. Paul's gain ($186,000) for the month,
is

while the

in addition to a gain of $110,000 in

Northwest

last

year

1882,

$29,000, as already

lost

and the Omaha road lost as much as $68,000,
latter, it will
be seen, was more than made
which
OEOSS EARNINGS AND MILEAOS IN DECEHBGR.
good this year. The influence of the grain movement
at OSS Earnings.
Mileage.
upon the earnings of these roads may be seen from the
2fame of road.
Increase or
following table of the receipts of flour and grain at the
1883.
1882.
1883. 1882.
Decrease.
leading lake and river ports of the West for the four
S
$
S
Burl. Ced. Rap. &No.
201,207
216,062
It will be noticed that
+ 15,145
713
6S9 weeks ended December 29.
Canadian Pacific
320,000
231,000
+ 89.000 1,931 1,150
118,237
276 Chicago and Milwaukee both had very large receipts of
+ 16,008
401
Chesapeake
Ohio'.
236,620
187.678
+ 48,942
312
512
Eliz. Lex.& Big San*
46,562
37,876
+8,686
130
130 wheat, which must have been a favorable feature with all
Chicago & Alton
732,105
701,064
+ 31,011
817
847
Chie.& Eastern 111....
141,289
140,458
240
+ 331
240 the Northwestern roads, while both points exhibit a falling
Chic.
Gr. Trnnli; ..
243,617
229,742
+ 13,875
333
335
Chic. Milw.&St. Pan'.. 2, ir. 1,000 1,964,708
+ 186.292 4,671 4,455 off in the item of corn, which, however, was not of equal
Chicae:o& North west. I.8O0.6OO 1,826,929
-20.329 3.798 3,476 importance to all roads, and not unlikely affected the lines
Chic.St. P.Minu.&O
44i,000
364.916
+79.034 1,280 1,147
Chic. & West Mich...
104,118
123.177
say Rock Island and Burlington & Quincy
-21,359
410
388 further south
Cln. Wash. & Bait....
142,669
174,024
-31,333
281
281
more than any others.
Cleve. Ateon &Col...
33,816
39,676
-5,860
144
141
fcDenv. & Eio Grande
580,450
443,000
+ 137,450 1,679 1,160
RECEIPTS OF FLOOK AND GRAIN FOR FOUR WKKKS ENDED DBCE.MBER 29.
Dee Moines & Ft. D.*
24.039
21,286
+ 2,753
113
138

various influences at

studied.

stated,

<fc

«fe

—

—

Detroit Lans'g

cfe

.No

.

Eastern*
East Tenn.Va. & Ga.
Evansv.&T. Haute..
Flint & Pere Marq,
Flor. Cent. & West'n*
Flor. Tran. & Penin*.
Port Worth & Denver
Grand Trunk of Can;
Gr. Bay Win. & St. P.
niinois Central (111.)..
Do (Iowa lluea)..
.

Do

(.South.

Ind. Bloom.

iJlv.)

& West.

.

Kbd. C. Ft. S. &Gulf«
Kentucky Central*..
Lake Erie & Weateru*
Little Rock & Ft. S...
louisville & Nashv.
Milw. L. Sh. &West..
.

Missouri PacitlcJ
Central Branch.

Mo. Kau.

Texas*

&

...

121,510
172 372
34i;341
59,982
206,171
34,119
10.339
27.900
1.480,202
37,978
572,764
156,880
603,596
205.211
111, 295
40,307
82,730
83,591

-14,808

+ 6.221
+ 26.493

-6

-6,506

-279

+ 7,132
+ 1,700
-144,418
-1,851
-32,861

225
283
1,123

146
347
234
243
110
2,322

154,109
1,058,985

655,402
290.029

041,019
306,723

223
283
900
146
317
231
213
110
2,322

225
928
402
578
684
380
189
385
168

223
919
402
573
684
386
151
335

+ 11,391

2,060

2,028

+ 2,880

320

306

-21,122

1.901

1,901

+ 33,532

385

388

—39,593

+ 14.333

2,211
1,187

2,211
1,487

-10,691

328

528

+ 1,220
-9 ;,990
-2,399

+

1

7.759

+ 1,345
-12,035
-IS, 231
-3,612

1,221,509
76,585
1,517,075
120.577
1,008,578

1,496,853

rexa?||.
eacitlc. ...

Mobile &Ohlo

106,702
178,593
367,834
59,976
199,665
33,840
47,471
29,600
1,335,784
36,127
319,900
158.100
510,600
202.812
129,014
41,652
70.701
65,337
153,348
1,232,900
79,465

Three weeks only of D loemlier in each year.
J For four weeks euded Defemlter 29.
5 Includes 9t. Ivuuls Irju iMouniaiu & Southern iu both yeare.
luolude.i luteiiiatioaal & Great Northofu iu Ijuth years.
b Includes Utah lines In 1883.

168
352

Flour,

Wheat,

Corn,

Oats,

bbls.

bitsh.

bush.

bush.

Barley,
bush.

Rye,
bush.

Chio'go—
1883 ..
1882 ..
Mil'kee-

297,906
326,689

3,043,399
1,615,352

1883 ..
1882..

272.603
345,368

1,649,229
1,104,456

07,206
138,240

1 77,900
273,958

754,333
750,396

32,259
51,497

112,339
143,813

741.134
1,003.007

1,826,790
1,609,650

388,949
373,338

237,475
360,867

85,575
30,203

13,610
4,813

1.007,338

521,870

389,040

571,431

67,938
244,227

4,000
6,012

17.740
10,123

13,226
23,496

455,330
791,841

203,229
65,200

124,279
105,437

113,212
74.543

8,580
3,240

19.191
117,760

- 72,208

115,570

32,850
40,92

18,994
14,200

1,000

4,925
5,336

41,400
23,250

75 '.COS
823,725

530,180
549,725

46,300
78,600

53,000
64,000

13,230

471,700
436,196

736,171
854,803
361.532

7,459,721
5,687,908
2.753.706

6t.

4,290,798 2,403,300 1,046,929 447,244
024,326 130,358
5,610,423 2,173,843

L'ib-

1883..
1882 ..
Toledo
1883..

1882

..

Detroit—

1883

..

1882 ..
Clevl'd-

1883
1882

..

..

t*eoriu

1883 ..
1882 ..
Duluth —
1883 ..
1882 ..

*

11

Tot.otall

1883
1832
1831

..
..
..

7,791,106 3.785,052 2,241,248 643,8 1
8,940,3 4 4,001,450 1,908,944 340,181
5.081.599 2.821.298 1,828.499 2oO.S3H

JANUA.UX

THE CHIIONICLR

12. 1884.1

Roads like the Indiana Bloomington & Western, the
Lake Erie & Western, the Ohio Southern, the Cincinnati
Washington & Baltimore, the Cleveland Akron & Columbus, and the St. Louis & Cairo, which lie in the district
with poor

afflicted

either

to

increase

a falling

exhibit

all

off

in

two

Thus

instances.

little

significance

789
7,773
123,745

388

view of

The

previous December.

the

figures

loss

of $12,000

&

I.3I0
103,241
2.656
26,818
5.670
145,302
47.638

078,065

1,021,889

Port Koyal, Jto

&e

Norfolk
City Point, <bo
Total

The

the

the Evansville

of

falling

Deo.... 28,551

diminished yield of cotton in Texas.

2 788
66,632
4,282

l>eo...

Ino
Inc

..

Deo
Deo

23.662

931

Oco.... 38,130
Ino
2,188
Deo.... 10,873

Dec.

.

1.4S2

Dec... 14,323
Inc....

1,099

Deo.... 43,834

Galveston here noted

at

off

Diffirtnet.

65.102
4,843
14,045
8.088
131,039
48,637

llniiiHwIck, dec

Mmi'liciid City,

in

1882.

146,760
3,677
320,027
60,651
3,055
147,407

395,950
64,933

Peoria

the

$12,856, or about

gains

Evansville

1883.

117,214

Ao

Mohlle
Florida

—

$3,000
more than it lost in December, 1882, and the Chicago &
Eastern Illinois gains $831, which, however, possesses
Decatur

bales.

Iiidiiiiiolu.

lines

one or

in

&

crops,

COTTON AT SOOTUKBH FOBTI ID OKG., 1883 AKD 1883.

Unlvcwtoii

running north from the Ohio River
Chicago or in that direction exhibit an

The

earnings.

BBOKim or

47

It will

reflects the

be observed

Terre Haute are nearly alike in 1882 and 1883, but in the that at the Atlantic ports, too, there is a heavy falling off
in the case of Charleston larger even than at Galveston.
first mentioned there was a decrease of about $3,000Illinois Central on its main line This affords evidence of how very short the cotton crop is
It is, however, the

—

year

(among

this class of roads) that

favorable showing.

We

addition to a similar

in

makes

relatively the least

find here a decrease of $52,864,

decrease of

$10,000

the road carried 10,902 bales of cotton north
bales

in

South Carolina

but 887

bales in December, 1881.

The roads running southwest from Chicago and

is all

The

St.

the

more

noteworthy. The Chicago & Alton (running to St. Louis
and Kansas City) had an increase of no less than $54,000
in December, 1882, and this year retains it all and adds
$31,000 more to the amount. The St. Louis & San Francisco showed a gain of $52,000, and now further improves
upon this to the extent of $81,000. The Wabash records
over $186,000 increase for the month, but had only a
small increase in December, 1882.
Its gain this year is
larger than that of any other road in our list except
The Central Branch of the Union
the Northern Pacific.
Pacific (operated by the Missouri Pacific) records an augmentation of $33,500, in addition to the augmentation of

effect of

this contrac-

upon the business of
shown in the case of the

freight
is

November, 1883, against $151,681 in NovemDecember figures not yet having come to
hand.
At New Orleans there was a very heavy increase
in the receipts of cotton in December, but the water
route (Mississippi River and its tributaries) supplied the
ber,

1882

in

—the

Louis (except where affected by the diminished yield of
cotton in Texas) make probably a better showing than any greater part of this.
others in our list, and these same roads had heavy gains a Central, indeed, there
year ago, so that their present increase

year.

South Carolina Railroad, which reported earnings of only

from Cairo $124,820

1882, and

this

tion in the principal item of

on that some of the roads in that State,

division in December, 1882, and this despite the fact that

in 1883, against only 5,495

in

On
is

the Southern

quite a falling

line of the Illinois

that road having

off,

brought only 81,030 bales of cotton to New Orleans in
Dec, 1883, against 102,096 bales in Dec, 1882. This

To what extent
movement on this line is chargeable to
new roads, we do not know, but it is a

explains that road's falling off in earnings.

the smaller cotton
the competition of

New

remarkable fact that the

&

Orleans

Northeastern,

which has only just been opened for business, carried no
less than 32,014 bales to the Crescent City in December.
This road brings a large section of Mississippi into more direct connection with

New Orleans,

and should therefore be

New Orleans, had
December, 1883, than in December, 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 present exhibit (in view
With the exceptions 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 improveNorthern) there is a loss of $39,000, but this
on a gain of nearly $250,000 on the combined roads in

of great benefit to that city.

larger cotton receipts in

Gt.

ment over a year

is

traffic

1882.

In this case we

know

that

&

the

loss in

1883

is

on

Northern road, and
is due to the smaller yield of cotton in Texas.
The Texas
& Pacific in the same State however makes a moderate
improvement, which is the more significant that its earnings in December, 1882, recorded nearly $240,000 increase.
The Gulf Colorado & Santa Fe, which is not in the Gould
the lines of the International

we understand, but
In Arkansas we have the

system, has a

$101,000.

Rock

&

Q-reat

loss,

Fort

Smith,

and

a year ago< gained

return of the Little

shows a loss of over
Last year the road
To show the part played

this

$18,000, or more than 20 per cent.

Mobile, like

in

their

ago, notwithstanding a smaller cotton

district, as

reflected

receipts of the staple at Norfolk.

Chesapaake
Elizabethtown Lixington

applies to the

&

&
&

in

the diminished

The same remark

Ohio, with

Big Sandy.

Danville has a moderate gain, which

allied

its

also

road the

The Richmond

falls

considerably

short of covering the loss of a year ago.

Of the two

Florida roads
other a small

On

the

in

our

one shows quite a gain and the

table,

loss.

.
,

east and-west trunk lines

there

is

reason to

showing is not altogether favorable to the present
year. These lines, unlike those in other sections of the country, had an exceptionally heavy business during the closing
months of 1882, and the conditions having been less encouraging during the same months of 1883, it is only natural
believe the

had a gain of about $21,000.
by the cotton movement in affecting the earnings of these
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 anove makes it clear that the Grand
1882, they are 100,000 bales greater than in 1831.
Trunk of Canada has been affected in the same way, aa

.

THE CHRONICLE

48

[Vol.

during the four weeks of December this year it has lost no crop of the year previous. On the
less than $144,000, this being the only one of the trunk trunk lines the first six months of
lines east from Chicago from which we get weekly exceptionally favorable exhibit, since
with a period of low rates and small
returns.

Among
be noticed

roads in other sections of the country
that the Michigan lines are

it

will

not faring as well

preceding, but in the last half

XXXVIIL

great east and west
the

year

made an

the comparison was

crops in the

year

comparison was with

the

one of the best half-year periods these roads ever had,

them recording a decrease in Dacem and diminished receipts on many of them in 1883 conseThe Denver & Rio Grande has quite a large quently followed. Northwestern roads were adversely
ber.
gain for the m^nth, and it is clear that under the tripar- affected by bad weather early in the year and recorded a
in the West the decrease, but this was more than recovered in the
tite Arrangement recently concluded
after
position of tisis road has assumed greater importance than succeeding months, and
that, up
to
Decemvery heavy gains indeed, so that
before. The Oregon & Navigation Company has this time ber, they made
a very handsome gain in gross, which also extends to the in point of improvement on the year preceding
net.
In the East the Long Island shows a small decrease, they lead all other roads in our list.
Southern and Southand the Eastern of Massachusetts still keeps steadily western roads make excellent exhibits, having been
favorably influenced by the large yield of cotton in 1882,
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
iavorable to the development of general business, the marred by any railroad wars of magnitude.
There were
as heretofore, all of

depression in our

gained force

industrial

to the end,

dered by the uncertainty as

any but

having steadily

interests

and though the distrust engento the future

the most ordinary ventures,

has discouraged

local disturbances in almost all sections of the country,

no case did thsy reach the dignity of a " war.'
these remarks we give the following table.
in

earnings

railroad

OnoSS EABSINQS FROJI JANUARr

I

TO DECEMBER

but

With

31.

continued to make noteworthy improvement on preceding
Indeed,

"years.

if

we had

basis for forming an

railroad

receipts

as the only

opinion of the year's business,

should be forced to conclude that 1883 had been a very

But as

profitable period to all classes of our people.

notorious that quite the reverse

is

true of the

results, the increasing business of the railroads

it is

year's

can only

be explained on the theory that the volume of trade has
beto fully kept up, and that only profits have been unsatisfactory.

And

this

characterized and

movement

is

in

fact

distinguished

feature

the

1883.

that

has

The downward

which has been in progress since
1881 not having been preceded by a financial revulsion,
like
that of
18V3,
has led merchants and
in

manufacturers

prices

to

look

for

momentary

Name

of Road.

1883.

we

signs of a sharp

Burt.

Cedar Rap.

& No..

2,846,771

Canafliau Piicifio
Centnil Iowa
Clipsapeake & Oiiio'^
Eliz. Ixix.A Bii^Saudj*
ChicaKo & AltOD

5.27o,.'j3

&

ing ratio to the enforced restriction in coitsumption, and
thus the margin of profit grew steadily

less,

and-^busiQess

ment

some roads during the late months of the year.
As relates to the volume of agricultural produce, the
of

railroads had, as a rule, a large tonnage pretty nearly the

whole year through. The crop of wheat in the States of
Ohio, Indiana and Illinois, was very short, while in 1882
it had been quite large, so it happens that on the railroads
traversing this territory earnings have heavily fallen oS
since the harvest, and nearly all the lines that show a
decrease for the year in the table below are in that district.
There was also a reduction in the yield of corn in
certain districts, but this had comparatively little effect
upon railroad earnings, since only a small amount of the
new crop usually comes forward before the 1st of Jan
uary, up to which

time

we draw our

supplies

567,72!"

520.10(i

8,215,494
1,785,183

188,029
557,516

"i8

2,274, 2(j8

CliicaKO

25.0)9.364

20,3S6,719
23,977,667
4,902,200
1,503,432
1,797,003
505,967
6,349,199
310,044
1,590.658
3,336 821

&

Nortlnve.st

2.045.3

...

Clove. Akvon.

&

5,516,19.)

1.543,839
1,857,873

Col

523,86-J

Denver A Rio Grande.
Des Moines & Ft.Dodge*
Detroit LaoBing &, No...

7,387.500
331.258

Ea."<t('rn*

3,54-2,-.!40

East Tenn. Va. & Ga
Evan3v. & T. Haute
Flint & Pere Maniuette.

4,138,164

.

l,590.24ii

723.894
2.513,815
42^,218
515.18(
17.742.309
412,244
6,712,489
2,015.332
4,359.993

&

Western.*..
Florida Trau. & Peuiu*.
Fla. Cent.

527,612

553,995
40,407
60,873
17,895
1,033,301

5,786

412

3,3.^

205,428
786,808

2,16-'.952

380,863

1,356
8.i0,J30

402,766
415. 14(
16.899.124
393.367

126,336
19,4521
10 ,03Mi
842.8851

18,877

217,292

6.9,50,781

2,68.^.200

& NaaliviUe..
Mich. Cent. & Can. So...
Milw. L.Shore & West'n.

14,130.224

12.66-<,65!l

1,461.565

14.000,00(1

12,457,901

l,5a2,0:)9

1.023,473

Missouri Pacitti^
Central Braneli.../
,.Mo. Kansas it Texa.^|['.
Te.xas ifePaciOc a
Mobile &Ohio...

17,1(»7,14J
1.522.041
lI.O.iS.994

86.).853
15,676.B2-j

153,620
1,430.614

!<96.49ri

525.515
1,520.531
1,085,379
79.733

2.927, •.33
1,928.3.%8
13,5.'>O,O00

555,761

Long Island

Louisville

i

St. Louis ife S. Francisco
St. Paul
St. P.aul Minn.
Man..
Wabash St. L. Pac...

i

Total (56 roads)

9,800,122

6,875,99.)

415,143

385,865
5,041.915

5,587.321

720,882
3,812,012
381,4^5
1,153.240
820.033
381,617
3.901.772
1.325,015

ADuluth

&
&

8.53,9 1«

10.13S.463
5.910.732
2. 18), 167
2,3^8,910
459.937

7,00 ),U1
2,264,900
2,796 546

8,394,001
16,908,465

I

\
II

69,800.

511,457
288,517
271.872
324.361
16,632
209,7.54

397,636
393,982
2,924.123
29,278

522,406
39,647

7(>0.529

3,663,384
246,923
1,456,031
875,460

178,623
134,562

372,71S'

8.898

3,582,810
1,109.841
8,764,771
16,738,357

321.962
215,174

"'2'.79i

49,427

370,170
170,108

290,885,7-53 263,734,693 28,120,.533

969,473

27.151.OdO

Net iuorease
*

Ttecrease.

07 1 .090
3,273,281
1,081,697

1,945.532
3,848,536
2,639,016
1,656,486
18.225,639
539,1 2«
2,479,416

,

the passenger move"

3,-'69,2.)9

23.6fin,OI)li

<fe

a falling ofi in

46,089
2,739.189
141,945

13:)
1

Chic.at.P.Mimi.& Omahal
Chicago & West Mk\\. ...
Cm. WiisU. & Baltimore.

Increase.

1.1.15.15^

Eastern IlUtiois.
diica^o »fe Gr. Trunk ...
Cliicajfo Milw. & SLPaul
Cliie.

became in truth decidedly unsatisfactory. Of course, the Norfolk & Western;
Shenadoah Valley
only remedy is in establishing a proper equilibrium, and Northern
Pacitic^
Ohio
Southern
as the year drew to its close there were signs that the Uregon
Railway & Nav.
Dec.
Evansville
remedy was being applied, with the result of a curtail- Peoria
Richmond & Danville...
West. Nor. Carolina...
ment in the volume of business, which in some cases
St.L.A.&T.H. main Hue
Do do (branches)
unfavorably aflected railroad receipts. The same circumSt. I..ouis & Cairo*
stances also caused

$
2,800.682
2.536,315

8,773.010
1,657,57

70S.

Tr. of Canada ...
and recovery, and inclined them not to Contract Grand
Green Bay Win. & St. P.
ni.
(li!. line)
Central
operations to the extent they otherwise would have done.
Do (la. leased lines)
Southern
Division
the
same
time,
under
this
general
disposition
At
to regard
Tndiana Bloom. & \%)6t.
the existing depression in business as merely temporary Kan. City Ft. S. & GWilf.*
Lake SUore & >ficli. So..
and soon to give way to a more satisfactory state of things, Little Roek & Ft. Smitb.

since production was not being restricted in a correspond

1

1,3 7,103
3.837,0-2S

reaction

the longed-for upward reaction in prices has been deferred,

1982.

S

Three weeks only of Deoemher in each year.
28 days only in iJi'oemher each year.
Iniludes St. Liuis Irou Mountaiu & Southern in both yoirs.
Includes International & Great Northern in both .rears.

« Including pool earniugs.

Our

eleven months of the
fore,

now covers November and the
As heretoyear to November 30.

table of net earnings

the statement

Chicago Burlington

is

on the whole very satisfactory. The
the Atchison Topeka &

& Quincy and

Santa Fe are conspicuous for their large gains, but Southern roads, too, deserve mention for the improvement they
record.

from the phia

&

The Pennsylvania, Northern Central and PhiladelReading likewise do well. The Union Pacific

..

Jandaby

THE CHRONICLK

ti, 1884.J

49

November, which leaves its loss for the policy of Eogiand. Nubar Pasha has long sinca b«en
ago.
Without convinced that the Soudan was a millstune about the neck
it was a month
of Egypt, and that it was a real hindrance to her progress.
particularizing further, we give the figures below in full
"With the change of ministry (juiet has been restored. The
in our usual form,
Khedive has, by accepting the situation, shown himself to
aKUS.'l AND NET EAKRINOS TO LATEST DATES.
be a man of much sounder sense than some recent sensaJatt. 1 to Nnr. 30.
November,
Whatever
sational reports would have had us believe.
Naui.
Ifet
Orost
Net
OroM 'Operating
Bamiof Expenue. Gaminoa liarnin«t EanUnga may be his private feelings, he knows he is in England'*
*
hands and he very wisely bows to her authority, pr^er661,0.51
7.9.T08 1.1.011,531 7,1 10,4.-.*
Atch. Top. i Santa Ke .ISSS 1,340,752
726,879 13,314,663 5.743,473
B22,4:)3
1882 1,319,312
Do
do
ring to regard his own interests and the interests of Eng72,604
122,908
1,586.169
111.5,512
870.431
Kan. City Law. » So. .1S83
02,094
90.741
1,208.166
152 .835
652.213
18^2
do
l>o
The recruiting of black troops has been
land as identical.
30N,200
174.960
8.685.594
800 9;t9
133,2»l
Burl. Oodur Rap. k No ,1883
185.7tKl
92.723
2,!554,620
278,429
870,750
1882
do
discontinued, and arrangements are being made for the
Uo
3.600.40S 1,2.'.H.,3S6
3-l5,3(Wl
213.216
l.''2.000
.1SS3
Ctaesnpojike & Ohio
3,0,S1,621
96,610
204.092
1W5179 withdrawal of Egyptian troops from the Soudan region.
300.732
1882
Do
do
13.!W«
661,57;)
44.692
205.353
58,051
Kill. l.oi. & HlK San .18H3
482.230
Mr. Gladstone deserves credit for the coolness he haa
40,246
20,982
152,(KI1
l«b2
do
Uo
23,933.430
1,074.709
1.488,064
.V12.77;i
12,137,919
2
,1883
Burl.
Qulnoy..
Chic.
&
What with the
shown
at this very critical juncture.
19,523.744
868.009 1.330.802
9,622,045
2.199.421
Do
do
6.H<13.*M)8 2,4.'V1,837
Kiri.tCiS
413..W2
222,296
DonTor A Ulo Grande. •lRS.'t
England
itself,
bitter
attacks of thein
the
excitement
5,936,16;l 2,109,210
160,415
18,S2
495,709
333,3M
do
Uo
310,219
26.368
7.749
8:!,(113
34.117
Dea .Moines it Ft. D... .1883
intrigues
press,
ill-concealed
of French
opposition
the
28,410
318,758
93.131
32,002
3J592
1882
Uo
do
3,770,3:10
183,816
4(H).0«5
225,849
Ea^tTenn. Va. &Ga... 1883
politicians,
and
the
hostile
and
offensive
adventurers
and
3,010,015
231,138
120,598
1882
I)o
do
5.W.621I 'I2,8«7,.324 5,215,113
771,765
.iaN3 1,307,394
Loulsv. * NaahT
certain French journals, most men in hisattacks
of
,759,923 4,491,8(55
49S,247
702,055
18S2 1,200,902
Do
do
2,118,891
P6),119
205.860
114,282
91,378
Nosh. Chat, k St. I,oula .18S3
position would have been tempted into another warlike
110,597
1,952,181
837,082
92,071
1882
202,B«8
do
Uo
50,.331
929,8:10
30,451
86.782
demonstration in Egypt, and would have alike gratified
K. Y. Sns(|. & Woal'n.. .1883
48.011
655,913
2:1,311
71,322
do
1882
Uo
2,3-^0,033 1,217,315
personal ambition and national vanity by draining the
142.555
128.724
271,279
Norfolk 4 Wcatorn.... .lass
132.87'S
2^1,235
128.360 2,204.98; 1,1X)5,980
1882
do
Uo
791,0.'-.6
pubKc purse. All this must be said out of justice to his
78,2-i3
58.505
183.147
19.778
Shenandoah Va.ley.. ,ISIS
413.007
63.531
2,993
1882
57,412
3,888
Uo
do
consistency
of character and to his integrity of purpose.
370..S87
5 078,979 2.237.144
,1883
5.30,094
165,717
Korthern Central
378.455
5,310.172 l,9i9 163
1882
520,085
148.230
Uo
do
man
less
under the influence of noble convictions, who
A
2f.fl,607
,1S';3
61,716
950,053
114,174
52,458
Oregon & California
cared
less for truth and right in the abstract, and who
231 ,.509
884,247
3,792,758 1,218.031
Oregon Improvpm*t Co.18'^3
152,738
2.19,504
340,058
Uo
do
1882
90,554, 3,070,502 1,048,129
had- less regard for the impartial judgment of history,
Penn. (all llnea eaat of
1883 4473,479 2.616.S02 1,857,177 47,212.731 18,l.-.2 873
Pitts. 4 Krie)
would have seized the opportunity to reconstruct England's
18H2 4 373,825 2.771.463 1,60^.302 44.922.637 17,247.374
Uo
do
,18<i3
226,914
3.851,533 1,4,50,114
Phlla. 4 Erie
370,062
149.748
relations
to Egypt, to rectify' what was imperfect in the
2?2.232
3,673,901 1,320,191
Do
do
1882
300.583
97,351
Pblluilclp'a 4 Ueadinti-* .18-3 3
016 1.5Sl,4:i.-. 2.073.481 28.00.'.509 l:l,708.8«8 existing arrangement, and to connect his name with the
1,1.2.1S4 1,104,360 20,039.227 8,9:8,430
Do
do
It 82 2,2.')it.749
910,598
Pblla.A Uead. C.4 Uon.1883 1.7,5H.5^'> 1,363,3-0
393,205 15,969.0;M
final settlement of a question for which, after all, no

made

a small gain in

the year

the

same

as

'

;

—

lS.-?2

1 1

L

1

. .

i

'

It")!

Do

Rome

do

Wat.

Do

Colon

do

1.657.792

l,a>1.671

303121

ISS.K.-.
15i,3'„0

96.091(

108.241

57,076
47,059

2,731,723
2,711.917

1.7fl8,'^».|

l,022,8:-9

27,W3,420 12,409,767

1,890,861

1.021,056

27,804,921 13,108.193

107,267
138,204
81.03>
78.090

60.952
50,897
48,593
63,468

5 ',315

.1883

I'aclBc

Uo

do

1882
.1833

do

1882

UUh Central
Do

West.leraer

Uo

1882

1882

4 Ogdonsb

'.8?3

do

1882

79.507
82,580
14,822

matter

559.139
805,320

1,081,267
1,391,418

4.55.55;

1,152,188
1,040,183

1

Jan.

Dtcetnber.

NAME.

l,l»y,aj2

14,02i),256
1

443,920

1 to

Dec. 31.

Qross
Net
Qrott
OperatinQ
yet
Eaming". Bxpensee. Earning. Earnings- Earning'.

At

how long

delayed, there

is

but one solution.

same time while all this is true, and while
Mr. Gladstone does well 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
the

i

%

Mobile* Ohio

Uo

Orcijon

Uo

.1883

18%

do
Il'y

290.029
306,723
427,500
280,650

4 NaT. Co
do

.1S8.H

188S

t

t
I4T.4I4
139,341

142,615
1«7,:M2
271,500
212,881

07,709

Jatt, 1

Operating
Net
Earnings Expenses. Earning.
Orona

4 Gr.

Trunk. .1883
do
issa
Det. Or. Uaven 4 Mllw .1883
Chicajio

Do

do

£
40,737
32,715
19,733

49,811

31,182
30,725
»45,328
319.452

Do
do
1882
Gr.Trunk of Canada... ,1883
Do

£
59.878

i>.8a

• IndudlnK Utah lines In IS8 J.
t Includes operations of Cc ntral of

> ew

.Tersey

( J

Oct. 31.

Net
Earning. Earnings
Gross

£

£

£

19.141
17.096

11.749

18,1153

223,999
212.540

2,(n9„533
2,J48,459

5.507.321
5..44,9!5

l.-)6,O00

October.

Naue.

*

2,364,000
2,183,107

1

2.0 -.2

121.330
106,912

from

,lun

that

in 1,883

ENGLAND AND EGYPT.

i? resisting

the

inevitable.

It

is

England's

have absolute control of the Delta of the NileIt has been her interest
her 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
world knows it and admits it.
Mr. Gladstone himself
knows and admits it. But the foreign policy he haa
adopted has been allowed from the first to stand in the

—

way
B 1,

he

interest to

of England's

necessity.

—

It

stood in

undertaking the war against Arabi Pasha.

in

the

way and marred a

needed, and which

all

way

the

his

settlement which

It

of

stood

England

the world expected, after the rebel-

At last the uncertainty which has attached to the
Egyptian dilEculty has been removed. We now kuow
what the British Government intends to do. The apparent
indecision of .Mr. Gladstone and his colleagues was
undoubtedly producing a bad effect and a little longer
delay might have led to fresh disaster in the Nile Valley.

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, assun^ing the direct management of

"Wisely enough, we think, they have decided against
sending any expedition to the Soudan, while they are

and wrong

;

harm

lion

—

the country.
to his

own

Is not

policy ?
;

Mr. Gladstone in

He

has certafn

all this

a victim

convictions of right

he has said and done certain things

;

and to

be consistent with himself he fights against the inevitable,

be allowed to befall Lower

and even against his own better knowledge. His course
of policy towards Egypt has been acquiesced in by the
England, it appears, is not unwilling that Turkey should Enghsh people, partly because they honor the man and
undertake the conquest of the Eastern Soudan, provided partly because they know that nothing can prevent Egypt
she does so at her own expense; but Eiypt is no longer from finally falling into their hands.
They are patient,
to be allowed to waste her resources and her energies in and in their confidence as to final events they almost seem
resolved that no

Egypt

from

El

fruitless efforts in the

The immediate

shall

Mahdi,

or

from

any

Upper Country.

other

source.

ir

different.

change of government
It is reasonable enough to conclude that the attitude of
in Egypt.
Cherill Paslia has retired, and a new ministry, firmness at last assumed by England will deter the Mahdi
with Nabar Pasha at its head, has been fully organized. from making any hostile demonstrations north of the first
Thus the administration is placed in perfect accord with cataract. The presumption is that the English force in
result has been a

..

.

.

THE CHRONICLE.

50

[Vol. XXXVIIl.

"
be considerably strengthened and if gainer without it. " Chinese Gordon is of the opinion that
abandon
Daifur
and Kordofan, she
should
while
Egypt
the
the prophet should venture to make an appearance in
possession
of
Eastern
Soudan,
for the reason
retain
should
result.
the
Lower Country, we can have no doubt as to
might
cross
into
Arabia,
and thus give
disafiection
that
Khedive
the
of
protection
England is now pledged to the

Egypt proper

will

;

and

all his interests

be

foolish

or

and

;

it is

doubtful

enough

daring

to

if

El Mahdi will
himself

allow

to

With

general trouble.

birth

to

Red

Sea,

a powerful fleet rn the

and with Suakim strongly garrisoned, danger

One good result from this source is not to be greatly feared.
contact with such a power.
With the opening of Parliament the Ministerial policy
from the assurance which England has given.
The mercantile interests of the country, which have been in. Egypt will come up for consideration. It will no
But inasmuch as no new
languishing because of the uncertainty and insecurity doubt be bitterly attacked.
any
great
amount
will be incurred, and as no
of
expenses
which prevailed, will revive and confidence having been
interests
have
been
sacrificed
or seriously imperBritish
let
restored, and money and enterprise having again been

come

into

will follow

;

loose,

Egypt

will enter

upon a new

It

lease of prosperity.

illed,

Government

the

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
Minister, Nubar Pasha, are of the same opinion as to the to every one, that although Egypt has not yet been made a

value of the Soudan

;

Egypt, in their judgment, will be a portion of the British Empire,

FAILURES IN

1883,

1881,

1882,

1880,

1879

AND

it is

fast

nearingthat point

1878.

in full the table of mareantile failures from 1873 to 18S3 iaclusive, as prepared by the Mercantile Ageaey of
This was intended for insertion last week, bnt the crowded state of our cjiamis prevented its appearance.
we make room for it to-day, as it will be needed for future reference.

Below we give
R. G.
Still

Dun &

Co.

FAILURES FOR

1883,

1832,

1879

1831, 1880,

AND

1378.

1880.
1879.
1878.
1881.
1883.
1882.
Number
Number
in Busi- States and Terri
in BusiNo.
No.
No.
No.
No.
ness
ness in
iories.
jl.mouHt of Fail- Amotmt of Fail- Amount o/ Fail- Amount of Fail- Amount of Fail' Amount of
Fail1873.
1883.
Liabilities. ures. Liabilities.
ures. Liabltiiies
ures. Liabilities.
ures. LiahUities. ures. piabilities. ures.

m

1

Eastern.
13,151 [Maine
7,"'~
813 New Hampslilre.
6,703 Vermont
Massacliiisetts.

42,447

Boston

5,925 Khotle Island
14,292 Connecticut

223
75
45
391
235
109
119

Total Eastern. 1,197

90,331

2,253,110
418,799
5,724,263
4,560,833
20,908,858
3,251,792
744,242

37,861,897

Philatlelphia...

21,.503

3,685 Delaware
14,49a Maryland
3,131 Dist. of Columbia

585 10.794, 708
545 28.210, 2-25
121
2;i82 425
531 10,062 071
174
3,509, 349
15

127
38

Total Middle... 2,136

262,021

Southern.
13,149 Virgina
7,545 West Virginia...
9,305 Noitli Carolina.
6.120 South Carolina
11,537 Georgia
2,865 Florida
8,159 Alabama
8,216 Mississippi
9,541 Louisiana
18,857 Texas
6,853 Arkansas
19,869 Kentucky
13,143 Tennessee
.

134
55
154
93
213
34
55
151

177
320
84
154
220

Total Southern 1,844

135,159

206, ,757
1,864, 502
278: 497

1,448,815

407,053

297,677
650,710
2,658,722
3,335,678
3,057,865
.596,723

1,667,727

974,326

C
(

536
79
270
328

Oliio

Cincinnati.

33,953 Indiana
{lUlnois
60,064
Chicago
32,466 Micliigau
25,803 Wisconsin
29,119 Iowa
15,312 Minnesota
Missouri
39,231
St. Louis...

27'

275
173
420
116
155
71
161
100

15,677 Kansas
9,331 Nebraska

322,877

Total Western. 2,961
Pacific

it

79,765

785 8,389,378
519 13,303,969
143 1,201,086
522 8,242.649

969 15,791,084
863 42.501,711

189
14
85
33

3,086,116
186,137
916.874
207,982

2.57

119
30

4,741,993
18,714,270
10,373,700
281,500
2,508,986
320,202

73,208
37,392
19,500
60,540
19,068
3,635
13,329
2,713

35,534,191

3,199

93,293,466

229,385

848,666
124,000
1,000,290
2,497,740
574,323
120,077
202,109
991,374
4,752,557
1,223,892
425,427
1,540,577
1,569,671

126
40

1,195,615
369,011
1,067,200
1,7b8,522
3.738,134
133,288

220
194

874,062
1,073,660
4,830,462
2,733,725
407,653
5,905,756
2,205,873

10,144
5,390
6,635
4,593
7.748
1,879
5,315
5,525
7,859
11,909
4,211
16,846
8,243

1,415

26,322,961

96,297

461 5,617,766
415 19,459.744
89
984,556
291 2,943,502
131 3,842,222
18
127,400
53
820,163
157,93<1
14

41,385,632 1,372 32,924,538 1,472 33,953,292

12

80
23

137
45
134
93
138
17
85
197
178
204
95
131
164

1.871,998
5,65.5,815

4,005,887
79,400
1,261,140
154,887

1,612,011

134
7

75
12

4,341,787
73,200
2,484,991
109,304

1,018,763

84
27
100
73
86

104,500
759,694
700,549
706.262

76
90

1,493,210
340,072
1,030,000
1,051,219

159
48
138
152

708,180
96,105
411,658
393,230

952,532
1,083,413
1,393,353

85
14
53
48
77
12
4
5o
54
155
26
104
105

20,998,123 1,439 16,469,412

835

8,813,442 1,076 15,876,703

152
38
89

1,326,318
514,241

260 3,230,176
74 1,177,699

842,847
483,802
780,154
2,285,266
560,20^
495,555
1,807,969

122
194
83
179
145
152
128
83
56
66
66

2,235,299
389,458
931,822
908,542
1,930,563
167,320
1,188,276
2,335,957
3.162,948
1,644,254
754,724
3,716,096
1,632,864

288

47
124
158
103
189
97
194

98
41
83
90
132
16

104
153
100
234
IOC
93
18'

670,583
188,233
591,874
684,558
2,379,548
223,352
2,041,340
1,942,129
1,604,577
2,713,920

770
23

89
59
119
22
51

99
127
228
41

1,241.69'~

284.391
2,444 OUO
392,043
221,800

101

1,036,416

167
44
106

4,171,3110

647,902
825,400

49,158
25,402
51,075
23,336
20,305
22,760
9,127
26,878
8,863
4,029

19,019,175 1.504 15,594,732 1,171 11.519,419 1,608 21,207,519

3,436

64,309,503

240,933

13

173,500
6,899.539
4, 700, ,591
541,542
419,797

187
48
78
108

1,45(1,870

209

1,106.942
1,415,773

77

70

355,990

221
79
267
113

1,446,450
2.701,720
1,510,967
450,023

46,878,403 1,950

19

24

168

11,004
7,587

515 10,799,300
216
7,570,311
374
5,233,549
470
7,672,931
362 12,926.800
369
6.027,709
163
2,317.382
400
3,428,100
149
1,052,403

2,686,817
765,734
1,688,565
1,193,740
2,239,584

93
281
148
182
35

193,500

90
26
50
36

20
31

12,500
194.952
71,000
128,300
451,000

Tot. Pac.ib Ter. 1,046

11,239,731

731

6,653,214

2,111 Montana
2,277 Washington

51

31
5
18

.

..

946 Arizona
30 Alaska

Grand

35,294,026

429 4,851,074
388 14,674,314
77 4,536,346
250 1,853,522

113
431
109

35
237
138
169
2»

San Francisco

620 Wyoming
982 Idaho
8,256 Dakota

53,605

1,734

444
7,144,217
455 21,212,308

955,106
1,599,600
2,832,300
1,986,664
310,200
305,220
544,324
13,300
173,300
1,075,780
315,000
546,837
532,100

California

7,157 Colorado
1.411 Nevada
2,424 UtaU
1,543 New Mexico

863,993

970 15,577,262

13,491,400

772

319
97
77
130

442,708
332,404
155,000
3,835,795
3,8.6,450

37

75
73
163
55

262
132

1,292,067
1,507,800
683,2>.9

585,718
1,980,700
1,750,832
1,469,616
926,001
391,827
1,062,720
1,878,331
1,704,810
360,415

91

43
153
74
92
82
85
54
112
106

429,9';2

1,186,216
446,953
359,019

1.509,791
3.3:'6,480
2,237,:i00

2.063,894
1,886,:<45

1,121,900

Territ's

289 Indian Territory,
4,445 Oregon
21,105

2,474 814

36,713
5,123
12,537

6,460,117

19,785,607 1,613
10,485,273
1,765,575
3,426,182
3,183,733
13,203,279
4,347,095
2,867,432
2,249,651
1,129,882
885,609
2,252,262
726,670
350,700

6,751

12,707,645
11,279,523
2.521,981
4,68U,588

723

51
22

Western.

61,921

l,843,3.i0

836,788

57,108,531 1,687

1,357,806
1,151,666
2,180,839

854,739

772 11,071,156

76

Middle.

83,057 New York
41,297 N. Y. & B'klyn.
23,949 New Jersey
70,906 Pennsylvania ...

1,406,200

111
113
604
325
130
281

87
62
63
335
170
95
15»

942,014
395,045
147,348
2,888,161
6,064.450
2,155,419
898,963

$
170

687,230
151,684
251.725
1,385,554
1,951,400
058,707
1,073,817

54
39
327
107
96

$

796 600
417, 748
359, 736
4,820, 592
3,613, 200
3,094, 562

73
32
32
223
106
79
178

61

totals

.

15

12

"5
33
7

1,552,000
2,195,000
1,260,191
182.200
274,071
135,500

33
169
106
9
24
10
4

296.214
1,437.000
1,353,000
687,479

12
18

267,000
18,200
51,500
4,000
63.000
121,108
68,000
99,593
630,000

495

5,096,094

2
4

12

4

71
184
111

78
41
9
5

4
3
4

5
13
6

674,342
1,123,700
1,795,700
540.500
511,900
64,000
35,800
9,000
49,000
19,000
27,500
80,588
44,700

55
251
221

47
34
10
8

12
11
3
58

4

438,045
2,650,736
5,317.118
335,661

425,100
383.854
26,639
25,400

310
222
58
37
17
10
11

714 9,953,358

1,265

63,900
62,050

369
394
299
840
401
816
202

16,900
81,307

694

2,522
1,516

121,i'50

83,000

68,000
90,000
171,305
21,500

2,679

17,058

13,163,176

28,361

9,184 172,874,172 ;,738 101,547,.3 64 5,582 81,155,932 4,735 65,752,000 6,65B 98,149,053 10,478 ^34,383,131

674,741

65,452 Dom. of Canada. 1,384

15,949,361

787

8,567,657

635

5,751,207

534 5,005,730

907 7,988,077 1,902 29,347,937

1,697

23,903,677

56,347

.

:

:

:

:

THE CHEONICLK

.lANt'Auy 12, 1884.]

51
Ike.

Dm.

IJee. 90.

ftt.

la

Dee. «.

RaUeol

mtTutat

BATBS OF KXCHANQK AT LONDON AND ON LONDON
AT LATEST DATB3.
ExoHANaa py london.
27.
LOSDOH-Dte.
T
BXOBASaS A
0»Aiimtenlam

Short.

.

3

Anisten'iuu

llainbm^.

uios.
••

..

Berlin

tt

Friinkf()rt...
Viciiiia

It

20-50 «20'(S3
20'5» »20-63
12-22»s»12-27'«
25 MS ®20-.'5O
25-38^ a25'43?»

Doc. 27 Short.
Doo. 27
Dec.

Short.

Deo.

Cheeks

Cbecks 23-l7iu'»25-22"fl Deo.
3 moB. 2213if3i2'il5in Dec.

3 mo8.

<•

*t

Madrid

ti

CutUz
Lisbon

••

Alexauilrla..

......

Bombay

J'-Z^'«5l8. l^liA-

"

Oaloutta ..
Hong Kong..

521818

S6
10«-75

Deo. 28 Sight.
Dec. 28 tel.trsf.

60 d'ye

..

47-'30

««

»

a.

4
e

4

Bank Opm
RaU. Uarktt
S

»i

8M
SH
«H

B
4

4

8

5

a

Ki
SW

3M
SX

5
4
6

S

4

m

In reference to the state of the bullion market doriDg th»
past week Messrs. Piiley & Abell remark:
Gold-Further doniauds tor South America and LIslion haveoaUMMl
the withdrawals of £363,000, sovereigns, from the Bank of England.
Wo have no arrivals to reiiort. The P. & O. steamer has taken £1,200 to
Alexandria.
,
,,
..
j »
w
Silver— In cou.scqiicnce of the holidays, shipments to India had to be
made on Monday, -Hih Inst Instead of the 2«ih, and .^O I .i-16d. per oz.
was paid for bars that could bo sent away by that opportunity. There
are steamers now duo from the Klver Plate, Chill and the West lodlea,
with a considerable amount. There are no arrivals to;report. The P. *.
O. steamer ban taken £4!),70O to Bombay.
Mexican Dollurs-4!) 1.516d. peroz. has been paid for shipment next
week, but we <iuotc the price to-day at 49''8d. per oz.
The quotations for bullion are reported as below
.

New

..

23 >a

Deo. 27
Deo. 26

S178952

••>>
....

Constant 'pie
York...

28-21
25-l7ia
23-21

46B.|i«1638

•«

6t. Petersborg.

Morktt

m
an

8W

S
4

*
«

0p«n

Hate.

m

8)4

S

Bon*

8M
8N

8M

Madrid
Tlenna

2037

25-47i4a25-5Sis
Dec. 27 3U108.
463,«»4639

Genoa

HambuTK
Ajusterdain
Brussels

20'30

Bank Opm
nut. Market

m
BM
m

IPninklort

1210

920-62

Market

BMlIn

Sale.

Deo. 27 abort.

«12-3

122

Time.

0pm

Bate.

Paris

12'13a al2'478
•.'(••58

*•

Antwori>
PftriH
PiirlB
St. Putersb'g

Latetl
Pate.

Rate.

Tim*.

Bmk

—
....

Ueo. 28; tel.trsf.

4-851.1
l8. 71"»2d.

Deo. 28 tel.trsf.
Dec. 271 4 mo8.
"
Deo. 271

38. 9141I.
58. 3>«d.

Is.

7n33d.

Price of saver.

Price 0/ Oold.

[From our own correspondent.!

London. Saturday, Dec.

Dee.

29, 1883.

This has been quite a broken week, and nothing has transThe
pired in any department to call for special remark.
more prominent feature seems to be that the money market is
closing with a very easy appearance, and that there are, in
consequence, strong indications of low rates of discount early

new year. The applicatioas at the Bank of England
have not, up to the present time, been in any way pressing.

Si7.

d.

—

Bar

ox.
Bar Kold, flne
Bar gold, contaln'g

failure

is

50 15-18

silver, flne .oz.
.

Barsllver, containing 5 grs. gold..oz. SI

20 dwts. 8ilver..oz.
Span, doubloons. ox.
8.Am.doubIoons.oz.
U.S. gold coln...oz.
Ger. gold coin...oz

The

Dec.»>.

Dae. 27.

Dee. 20.

D-ie

SIM

"
...oz.l 54 15-16
Cake
Cakr sUver
Mti
Mexican dols. .oz. 4UH
49M
.

Chilian dots

oi.

announced at Antwerp of the banking firm of

&

The

are

in the

Messrs. Ghislain, Cahn, Painvin

There

stated to be 10,000,000 francs, and the assets 4,000,000 francs.
An issue is announced of £1,500,000 in 75,000 shares of £20

is,

indeed, no sign of pressure as the end of the year is
borrowers hav ing already made considerable

approached,

During the last two or three days the demand
for discount accommodation has been falling away. The

preparations.

quietness of business generally is restricting still more the
supply of mercantile paper, and, although there is a moderate
export inquiry for gold, it is difficult to see how a decline in

the open market rates of discount

is

to be avoided early in the

new year.
The reserve

of the Bank of England is now 39 83 percent,
against 43 09 per cent last week and 39 per cent last year. The
principal features in this week's return are an increase of
£1,449,319 in " other securities " and a diminution of £661,536 in

Drion.

liabilities

each at par by the Nizam's Guaranteed State Railways Company, limited, being part of £2,000,000 authorized to be raised
Interest at the rate of 5 per cent per
for the undertaking.
annum is guaranteed for 20 years by the Nizam's Government.
The company is formed for the purpose of acquiring and
working the existing Nizam's State Railway from Wadi, on the
Great Indian Peninsula Railway, to Hyderabad and Secunderabad, now in the possession of and worked by her Majesty's
Indian Government ; and for the purpose of constructing and

working new lines of railway, the first section from Hyderabad
to the southern frontier of the Hyderabad State, at a point
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 "other securities " is, however. arranged that the company are to receive from the Goveru£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.
5tt. 6in., from 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 has been at a complete
Interest allowed
The enormous visible supply in the United States
standstill.
Open market ratet.
fur tUposits by
the ample, if not excessive, stocks here, and the liberal
tity of produce afloat, are quite sufficient to keep the trade
Joint
Stock
depressed, and any immediate improvement is still very doubtAt
14
7
to
Four
Six
Three
Four
Six
Three
Banks.
Call. Days.
Months Months Months Months Months Months
ful.
The weather if very unseasonable— very mild and foggy.
®3^
2 @ —
Nov. 28
The following quantities of wheat, flour and India corn, are
:

"

80

2J*®

2H® 2«®

Dec. 7
" 14
'•

(»8>S

81

3

;

3

4S

-

27»a

-

estmated to be afloat

3'4®3«<

>-?

Wheat

The following return shi^-..^ lu,-. pi^i.iont 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
:

Circulation
Public deposits
Other deposits...

1883.
24,9»o;535
8,983,904
21,789.34.5

Govern ui't securities. 14,462.798
21.763,3i>7
Other securities

Res've of notes & coin 12.3-25,738
Coin and bullion In
both d<^pi»rtmcnt8.. 21,566,273
Proportion of reserve
39-83
to liabilities

Bank

3 p. c.
100i«d.

rate

Consols
39s. 2il.
Eng. wheat, av. price
53»d.
Mid. Uidand cotton ..
9Nid.
No. 40 mule twist
Clearing-House ret'n. 69,817,000

The Bank

have been as follows:

U

6.955.4
21,876,338
11,3.S 1,002
24.790,176
10,432.0.16

25,510.870 26,320,540
8,625,508
0,318,057
24,231,162 24,818.182
13.243,961 14,365.019
24,589,.i32
10,556,1-24

20,305,245 20,316,994

36
5 p. c.
101 >8d.

24,04i',844

3338

3438
5 p.

c.

99%d.

3

p. c

99d.

lOd.

lO^id.

8d
6^a.
10%d.

73.523,000

85,666,000

70.363.000

4l8. Hd.
S-'sd.

44». 4d.

6%d.

2400UO

42s.

2!7.000
103,000

'255,000

1881.
2,823,000
118.000
215,000

263,uOO
318,OuO
The extent of the sales o/ home-grown wheat, barley and
oats in the leading markets of England and Wales during
the first seventeen weeks of the season, together with the average
Ifidlancorn

in the following statement
SAL^S.
1880.
18S1.
1882.
1883.
728.104
806,691
841,665
qrs. 1,145,412
Wheat
950,510
846,475
1 ,083 ,999
Barley
1 ,679.335
71,264
82,.i23
103,495
203,870
Oats..
prices for the season (per qr)t
average
the
The following are
1881.
1B80.
1883.
18o2.

prices realized,

is

shown

12,918.876

24,238.616

and open market rates at the
now and for the previous three weeks

rate of discount

chief Continental cities

18?lo.

1881.

1882.

25,693,195

qrs.1,924.000

Flour

Last year.
2.195.000

Last week.
l,9l3.000

At present.

.

(.

d.

«.

d.

«.

d.

*.

d.

41 6
47 6
41 4
34 O
34 8
34 1
Barley
21 7
20 11
20 10
Oats.
Converting qrs. of wheat into cwts., the totals for the whole
kingdom are estimated as follows

40

7
33 2
19 11

Wheat

1883.

Wheat*

cwt.16,545,000

1882.

14,675,600

1881.
13,982,700

1880.

12.620,000

This aggreeate l.s arrived at by midtlplying the sales In the 187 mai^
kcts above by 3I3, and that result is reduced to cwt. by multiplying II
by 4I3. This proportion l>etwcO(i the 187 markets and the totals for the
kingdom is adopted by the L<mdou grain trade and la accepted by.lt aa
producing n result approximately correct.

1

:

THE CHRONICLE.

52

The following statement shows the extent of the imports of
Kingdom during the first seven-

cereal produce into the United

teen weeks of the season, the average price of English wheat,
the visible supply of wheat in the United States, and the estimated supplies of wheat and flour afloat, compared with previ-

ous seasons
IlirOBTS.

23.872.097
6,641,348
5,111,567
724,111
551,125
575,301
941,289
3,K12,332
9,272,351
5,064,940
4,900,250

1881.
20,878,532
6.075,343
3,791,586
801,931
528,909
8,923,663
2,450,963

43,612,637

37,312,194

1882.

1083.
cwt.20.899,495
7,908.106
4.555,287

Wheat
Barley
Oats..

Peas
Beans

1880.
21,435,171
5,7S:H,9brt

4,407,318
1,101,661

834,170
12,962,595

Indian corn
4,291,517
Flour
SUPPLIES AVAILABLE FOB CONSUMPTION— SEVENTEEN WEEKS.
1881.
1830.
1882.
1883.
Imports of wlieat.cwt.20,S99,495 23,872,097 20,878,532 21,165.171
4,291,517
5,064,9iO
2,450,962
4,900,250
Imports of flour
Sales of home-grown
„„ _,„„
16,545,C00 14,675,600 13,982,700 12,620,000
produce

[Vol. XXXVIII.

Tenders were opened on Tuesday at the L mdon & WestminBank for £4.837,500 Cape 5 per cents, and the applications
amounted to £6.500,000. Tenders at £98 Is. received in full,
and those at £98 Os. 6,d.. about 25 per cent. The minimum
price fixed was 98.
The loan for New South Wales was for £3,000.000, and was a
very complete success, the applications reaching a total of
Tenders at £100 13j. received in full, and those at
£7,593,100.
£100 12s. 6d 96 per cent. The minimum price was par.
The money market has been comparatively quiet, and the
rate for short loans is not more than 3 per cent. Time bills
have been in some demand for he Continent, and, consequently,
the market has lost a little of its firmness.
The wheat trade is in a very inactive condition, and the only
business 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 in the value of our importations 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 materials, 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 concerned, there is a small falling off, both for the month and year
but our re-exports have, in many cases, been large, especially of

ster

I

;

42,344,745
Av'ce price of English
Total

wheat for season. qrs. 408. 7d.
Visible supply of wheat
intheU. S
buah.35,12o,00O
Supply of wheat and
flour afloat to U. E.

19,800,000

18,200,000

2,164,000

2,412,000

2,911,000

qrs

4l8. 4a.

6d.

478.

38,366,688
41s. 6d.

29,800,000

London, Saturday, December 22, 18S3.
usual at this period of the year there has been no great
activity in any branch of bu.sines3, but, on the whole, a steady

As

is

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

The exports

wool.

of railroad iron to India and Australia
is partly due to the recent
following are the leading particulars of

have been considerable, a fact which
colonial loans.

The

imports and exports

:

IMPOBTS.
1881.
Imports in November
Imports in 11 mouths

floating capital is still large. The two colonial loans which Exports in November
Exports in 1 1 mouths
have been tendered for by the public during the week have
The following figures
proved to be successful, the amounts required having been November 30
more than adequately covered. There were at one period some
doubts as to their success, as the colonial governments have

£

31,269.784
362.278,030
EXFOKTS.
20,713,164
213,773.957
relate to

1885.

1882.

£

£

34,901,910
376,431, 902

36,526.4^7
391,615,801

20,292,948
22J,305,605

220,8;.8,6i2

the eleven

20,054.698

months ended

:

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
Exeharge to a slight premium, and is being dealt in to a fair
extent.

The Bank

of

England return

less

i.s

favorable, the propor-

tion of reserve to liabilities having declined to 4313 per cent.
Compared with last year, however, the position is more satis-

S3me rather important quantities
of gold have been taken out of the establishment for exporta-

factory, notwithstanding that

Over £300,000 in gold coin has been withdrawn for
exportation to South America, Egypt and Lisbon, and the
falling off in the note circulation is very trifling.
About
£122,000 in gold coin has been returned from the province.",
and the total reserve shows an increase of only £.5,000. The
next two or three returns will naturally exhibit changes peculiar
to the .season of the year, and probably the Bank's position
tion.

new year, before fresh mercanor financial operations are indulged in by the community.

will be scrutinized early in the
tile

Annexed

a

statement showing the present position of
Bank rate of discount, the average
quotation for Engli-sh wheat, the price of consols, the price of
middling upland cotton, No. 40 mule twist, fair 2i quality, and
the Bankers' Clearing House return, compared with the three
previous years:
the

Bank

is

of England, the

1883.

1882.

*

1881.

1880.
«

£

JS

arculation
Public deposits

24,858,870 25,446,006 25,224,265 26 117 315
8,401,998
6,056,332
6,580,^97
8 06l'812
Other depo.sits
21,561, 88S 22,089,412 22.404,808 23 67.( 0'>S
Govenim'tFecurities 14.462,798 11,381,002 13,243,961 14 365 01 >l
Other seen ritic-s
2m,314,14S 23,374,617 22,324,487 21016707
Ecs've of notes Aeoin 12,939,274 11,201,539 11,276,910 13 ,u-i,u/
624:074
Coin and bullion in
both departments. 22,098,144 20,897,944 20,751,205 2t74199<)
^.i-^^,^^^

Pi'opoit n of i-esorvo
toliabillties

Bankrate
Consols
i;"?-,™
'','"''* f^F"'®
Mid. Upland
cotton.

43-0
3 p.

c.

100.!„.xd.
89s. .5a.
5.\d.
95^1.

39I9

38%

c.

5p.c

idoss

O'JH

5p.

418. 6d.
5l5i« d.

449.

9d.

611, „d.

42i«

3p?
(18%

Od
m3,,d

443.

No. 40 Mule Twist..
ml.
10%d.
loU,l
Clear g-houseioturn. 132,05 :,0iJ0 139,318,000 149,917,000 142,902,o"'o6
The Treasury balance at the Bank of England now reaches

the prominent total of £3,420,000, which is larger than in any
previous recent year, A large amount of imperial tax is due on
January 1, and the annual financial statement is being looked
forward to with more than usual interest. A reduction in the
income tax would be regarded with great favor, as it is a heavy
burden on the ptiblic.

Cotton

IMP.'BTS.

1881.
13.531.252

owt.

1883.
13,415,354

1S82.
13,7s)U,425

EXPOBTS.
1831.

Cotton

1.674,127
232,351,900

cwt.

Cottouyarn

lbs.

Cotton piece goods. ...yards.4,390.63(i.2(IO
Iron and steel
tons.
3,518.511
Jute piece goods
yards. 187,523.800
Linen yarn
16,534,800
lbs.
Linen piece KO0d.s
yards. 159.799,500
Silk niaiiufactures
£
2,325,682
British wool
lbs.
12,138.500

and foreign wool.lbs.
Woolcnyarn
lbs.

24:!, 380, 217

Colonial

Wool fabrics
Worsted fabrics
I'lauuels

Carpets
Blankets

26,632,000
.'i0,631,200

yards.
yards.
yards.
yards.

175,417,300
7,429.200
9,020,100
1,119,940

pairs.

1582.
.
1883.
2,191,910
2.050,027
220,046,500 343.834,tCO
4,018,243.300 4,185,636,200
4,062.215
3,765,192
194,377.500 210,182,300
17,046,400
16,470,500
164,208,-500
119,458,300
2,5v 2,483
2,223,391
13,047,200
18,326,100
239,053.433 249,146,554
29,514,800
80,765,900
81,981,700
80,969.100
137.625,600 130,042,300
9,143,000
6,906,000
10,645,100
9,945,400
1,215,000
967,878

The following were the

quantities of cotton manufactured
piece goods exported in November, compared with the corresponding month in the two precediug years:
1881.
18.32.
1883.
Exported to—
Tarils.
Jar-ds.
Yards.
Germany
2.813.300
3,155,100
3,146,400
2,.i64.fl00
HoUalld
2.386.600
3,334,900
France
4,137,.500
5..= 90,700
3,874.1100
Portugal, Azores & Madeira.
5.889,400
3,611,400
4,955,900
Italy
0,243,100
4,09-,400
6,823.100
-Austrian Territories
1.984,100
602,600
855,400
Greece
8,672,800
2.872,800
4.191,700
Turkey
45,990,100
20,091.300
23,760,700
Egypt
14,400.600
14.957,100
11.375,100
West Coiist of Africa (For.)..
2,236.2110
4,231,900
4,815,300
United States
3,694,000
3,379,100
4,093,800
Foreign West Indies
5,300,100
7,430.300
9,053,900
.\Iexico
4,659,700
4.374,700
3,510,700
Central America
5,151,ti00
3,2:i0,100
3,112,500
United States of Colombia..
4,482,900
4,106.200
3,311.300
Brazil
23,31)4,600
18,3:9,600
20,792.300
Uruguay
2,979,100
3,184,700
2,296,300
Argentine RepubUo
0,233,100
7,474,900
4,701.700
Chili
8,002,300
5,633,600
5,852,100
Peru
1,878,400
1,755.900
1,374,700
Chiua and Hong Koug
42,197,800
30,013,300
22,155,300
Jap.an
5,109,100
2,009,800
3,468,400
Dutch Possessions in India..
6.817,300
9,615,500
9,336,600.
Philippine Islands
7,519,300
4,797,000
6,013,600
Gibraltar
1,715,900
1,312,800
1.364.600
Malta
3,003,300
1,211,800
2,202,.5O0
West Co.aat of Africa (Brit.).
2.00 4,100
3,444.000
4,539,400
British North America
1,133,800
5,939,200
1,217,700
:

•

British

West India Islands

at

Guiana...

4.608,400

5,778.300

2,200,100

1,171,600

55,288,800
6.578.400
68.164 300
7,893,100
2,126,300

74.632,500
11.573.900»
80,343,500

5,961,200

British Possessions in South

Africa. ....V
British

1,143,000

India—

Borab.ay

Madras
Bengal
Straits Settlements

Ceylon
Australasia
Other countries

Total unbleaehed or bleached
Total prlnted,dyed,or colored
Total mixed materials, cotton
predoiuluating

Grand

total

8,93"), i:00

20,163,300

291,311,900
113,003,000

10,>>06,900

72.036,500
8,935,800
62,071,600
8,760,800

2,941.800
10,034,700
21,603,800

7,777.9J0
22,029,100

277.175,.i00

120,433,700

1,9.11,000

256,807,600
115,104,300

2.049,700

3,056,400

266,500

406,429,600

4O0,ti65,<500

372,178,400

«

Lnrp

maiiulactures of cotton show as follows.

pntoiit not
ir..si,n-..f all sorts
Tlir.:ii| for nrwlii),'

:

THE CHRONICLE.

18W.]
OlliiM-

3

:

.

fiTHl

Deposits

ISSl.

1882.

1RS3.

£

187.lil.8

107.^79

in).').'!?

Si

7-...^3.1

91, 077

8:«,HS7
1,3.^8.130
04,1.M»

77._'20
l.ICii.sOO

<)tlii!r iiiTk. niioiiiiiiii'riitM.£

Tut. valiio of cotton iu°rii..£

B,.'501,y47

5.,')i!9,270

B,04'i,8«0

llw.

•

93.707

by-

Cu

Sept. 1,

'

Oel.

Noi>. 1.

I.

9

$

I

Dee. 1.

ran.. I.

$

$

In»olvcnt bks
042,021
860,651
8.10,131
838,937
7fH,468
l,l(iuld-fif l.ks 11,150,373 13,386,703|13,220,33(' 13,076,261 ;i3,l.-,l,278
Keduc'Klind'r;
act of 1874. 20,980,8.".7 22.374,087,21,085,538 22,236,013 23,352,00a
Total

.3^.973.256 30.821. 501 35.75n.30a .3fl'.152,IOI 30.300.844
.

,

BoKllnh .Market Ueporta— Per Vable.
iMFORxa AND BxpoBTB FOB THE Wb«b.—The Imports of last
The d»Uy uliwiinf qaot,»tions for SMourities, &o., at London
»nd for brrt)vd.'»taffs and pporisionn at Liverpool, are repoited week, compared with those of the preceding week, show an inby cable as follows for the week ending; January 11
crease in dry goods and a decrease in general merchandise.
:

The

Lotulcn.

poroi

Rtiver.

<"(

....rf.

for money
for accouut
Fr'cU MMiIo.^dn Paria)
of 1891
O. 8.
V.f -(scf 1907
Can iili'ii Pacillo
.,.!.;

.•.;ll.

.

A8t. Paul

....

stook
Contra]

(,.<

Ffvr.^\ Ivauia
Ph- lailolphla & Reading.

Vi w York Central

50Mi„

M%
76
mu
126%

126!^
S639

.»«

96 Iff
29 >8

g.-.H

137^^

1371.J

30

28%

3014

2i.79

117%

(117

Hon.

Sat.
d.

a.

s.

12

9
8 6
8 11
6 5

8

40
92
45

8
9

3
8

8

41

O

6

Hfi

O

TAur^.

Fri
».

rf.

9

11
8
8
8

7

7
2
3
8

9

6

811

8

5
61

3ii

5

41

O

8 11

5
3I2

84
41

92

5

8
11

•3

O

45
66

6

6

8

811

5

8

31a

P2
43

ohttu-c

29%
11608

1

total imports were $3,081,980, against $7,413„S94 the preceding week and f I0,354,.'>26 two weeks previous. The exporti
for the week ended Jan. 8 amounted to $6,413,607, against

week and $8,241,372 two weeks previous. The
following are the imports at New York for the week eadinir

$5,432,515 last

dry goods) Jan. 3 and for the week ending (for general
merchandise) Jan. 4; also totals since the beginning of Ant
(for

week

in

January

93
45

6

KR

O

For Week.
Dry goods

1881.

1882.

*1 .742,0+3

$2,346,146
5,804.818

*2,e«6,544

5,061,409

$2,089,033
5,771.703

$6,803,512

$7,880,738

$8,200,964

$18,061,880

»1. 7 12.01

$2,089.03".

len'lmer'dlse..

Total

SituxJan. 1.
goods ...'...

Di-y

Month 0/ December.

Tea)- 1883.

Deitominalion.
Value.

Pieces.

$2,316. l-»6
5,834,818

$2.660..54it

Tital 1 week...

*6.803,512

17.S60,73S

J8,200,90l

$8.0«1,9.S0

I

Eagles

I

123,620
36,100

2,572,400
301,000

900

Half oaslos
Three dollars
Quarter eagle.s

1,9-20

Hollars

3,000

2,700
4,S00
3.000

170,510

2.943,900

2,354,170
8,170
14,570
690,170

2,351.170
4,085
3,643
59,017

2,907,080

2,420,915

1,462,933
4,890
4,193.390

73;] 47

146
41.934

Total minor

5.661.213

115,227

Total

8,798.833

Total sold.

Standard dollars....
Half dollars
iiarter dollars

8 imes

I

I

Total silver.

Five cents
Tliro.e

j

cents

(

One cent

,

eoluaiire

5.48

1.

1,249,002

i

I

!

24.980.010

2.i9.540

2.5!15,400

329,593

1,647,990

940

2,8-20

1,960
10,810

4,900
10,810

1,851,880

29,211,990

28,470.039
9,039
15,439
7,675,712

28,470,039
4,520
3,860
767,571

36,170,223

29,215,990

22,969,421
10,609
45,598.109

1,118.471

318
455,981

6!',578,139

I

I

012 106.6 00.248

1,604,770

60,092 750
.

Changes in Legal Tendebs and National Bank Notes to
Jan. 1. The Comptroller of the Currency has furnished us the
following, showing the amounts of national bank notes outstanding Dee, 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. i

National

EXPORTS FROM NEW TOKK FOB THB WBBK.
18^2

Amount
Amount
Amount

Total 1

outslandinj? Doe. 1,

1883

Amount outstanding

Jan.

$350,175,977

I

?1. 177,010;

1,600,053
1,

1881*.

423.043

-

$349,752,934

Legal Tender Notes—
on deposit to redeem national bank
1 sS3
1
Amount (j^>«it<-d durin« Doc
!i
Amount iWiiued & b'uk notes retired in Dec.

)

Amount

note-t Di-c.

$36,162,101

,

1

1

$4,790,336
1 ,647,653
-

3,118,743

1884.

.$5,910,131

47,319,921

$6,413,607

week

..

$6.77-2,531!

*5.940,:3t

*7,319,92l

$6,113,607

The

following table shows the exports and imports of specie
at the port of New York for the week ending Jan. 5, and since
Jan. 1, 1883, and for the corresponding periods in 1882 and 1881.
EXPORTS AND LMPORTS OK SPKOIB AC SEW YORK.
exports.

nrnAt

Rrit-filri

Imports.

1

Oold

$

.

SinceJan.l.

$

Week.

Since Jan.\.

$1,460

$

Germany
West Indies

5,598

5.348

9,334

8,134

$16,392
25,513

$13,782
25,513
90,242

;

Mexico
.
...
South America
All other countries

24,906
3,206

Tetal 1884
Total 1883
Total 1882

28,106
1,285

$
1,285

9i',212

Silver.

Great Biitain

$260,250

$260,230

German
West In.'.ios
Mexico
South America
All other ooun tries

$

$

2,500
21,020
28,603
1.133

2.500
21.020
28.t03

$53,256
44.191
14.708

ii53,256

1,133

......

Total 1884
Total IS8a
Total 1882

$260,250
265.429
225.239

$260,250
2'i5.429
22.5.2i9

44,194
14,708

Of the above imports for the week in 1884, $3,735 were
American gold coin and $4,700 American silver coin. Of the
exports during the same time $28,106 were American gold coin.

—

The JEtna of Hartford, the largest of oar fire insurance
cotnpanies, has just issued its sixty-fourth annnal statement,
which will be found in the advertising columns of the Ckbon-

The company's growth

in financial streneth keeps pace
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 notorionsly
one of heavy losses to the insnrance companies.

with

Lssut-a ilui-ina J>.^o
retired duiiutj; Dec

1»83

$6,772,5311

Prev. reported..

ICLE.

:

Sank Notes—

5,395,4;i6

In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (eicla.sive cf
specie) from the port of New York to foreign ports for the
week ending Jan. 8, 1884, and from January 1 to date

Week.

Double eagles

5,39.5,436

5,771,703

Value.

Pieces.

1884,

5,0B 1,409

1883.

:

1883.

Sen'lmer'dise..

For the week...

CoiaAGE BY United State.? Mots.— 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
month of December and for the year 1883

HBW TORK.

FOREIOH IMPOSTS AT

601fl

30ifl

4

6

138

(116-'-'8

8
8

6

2818

2y»8

7
4
8

95 la
2S

116%

9

5

5
64

60M)

11

811
8

l.t7iij

60%

d.

12
8

95%

2818
I37I4

«.

d.

8
8

•

Wed.

Tue*.
t.

J4

9.-)l4

6018

U7

Flour (ox. 8tate)..100 lb. 12
"
Wheat, No. 1, wh.
8 7
eprinjt. No. 2. old "
8 4
"
Slirinir, No. 2, II..
8 3
"
Wjiitor. .South, u
9 8
Wilitor, Wesl.jU
"
S 6
"
Oal., No. 1
8 11
"
Cal., No. 2
8 5
•'
,i
Corn, mix., now
314
Pork, West. mesa. .t» b))L 61
Bacon, loutolear. now.. 39 6
Beef, 1 r. mess, new.^tc.
Lard, 1 rime West. ^ cwt.

M)% .>0%
1017|n 10111,,
lOin.n 101 13,
5iia'76-75
76-87 >«
1:7
117
I26I4
126 "4
5838
.^8 '4
58 "4

101

76-50
117»4

H(il4

Thurt

50%

u

.-,814

*.

.Am.

507s

76-10
II714
127

28 M
137 19
60=8

Liverpool.

CTho..o.

Tues.

1013,. 101
lioi^i, iioi^ts

II7I9
IZl's

iniiion

I'l

m

fr. 7.'r8-.iJ8

IV

CM.
E\u\
llMm

JO'S
10

lom

Coui.'il.s

Wed.

Ifon.

Sat.

its

—

Auction S.iles. The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messrs.
Adiian H. MuUer & Son.
Shares.

Bonds.

30 N. Y. r.ife Ins. & Trust Co. 506
$229 .\m. Fire Ins. Co. scrip. 36
40 Warren KR. Co
120is $3,500 Port Roval A .Vugusta
50 Central Mining Co. $9 75 p. sh.
R'y2d68. due iSt". guar.. S9>a
4 Clinton Hall Assiiclaiion. 46
$2,- On Bloockor St. & Fulton
100 New York lias-Light Co..l45ia
Fen-v RR.78. duo 1 9i >0. 1 1 2 i Int
60 Bank of Commerce
152
$j,310 2.3(1 Street RR. Co. 78.
16 Ci'Uiiuental Bank
120
duo 188'i
I03i8.&iut
20 MerohantK'Kxch'ge B'k.. 96
$3,000 Fuii'nMunrp'lGiwL't
20 Mech'nics' & Traders' B'kl 07
Co. l8t 6.S. duo 1;>00. 108 14 Aint
30 Niagara Insurance Co
1321-2 $3,000 Cent P'R N. & E. Riv.
44 Chri9topher& lOthStreet
RK 7s. line 19.i.i
I20Jtint
RR.Crt
]17>j- $5,000 B'way A 7th Ave. RR.
10 2.M Street Railroad C.i...l66i«
.Vs. due i»04
lOlJcint
20N. Y. -Mut'l Gas-Llght CO.X128
$6,OiiO All. & Pac. HR. (Cent.
55 Wells. l'"argi" & i\'. Exp..l0U
Div,) lat gold 6s. due 1922 70*4
140 Merchants' Ex^sh'ge Nat.
$13,500 Piumar Oms. Mining
Hank
91
Co. 6s, 1st pref bonds
15
.

Amount on
bank notes
"

dopo.olt to
.Tan. 1,

redeem national

!8S1

I

$39,300,844

Circulation of mitional gold banks, not included above, ij'729,394.

Accor.ling to the above the

amount of le^al tenders on
with the Treasurer of the United States to redeem
national bank notes was ,?39,300,844. The portion of this deposit
deposit Jan.

made

1

by b.anks becoming insolvent, (2) by banks going into
(3) by banks reducing or retiring their
circulation, was as follows on the iirst of each of the last five
months:
(1)

voluntary liquidation, and

.

.

J

..

;

THE CHRONICLE.

64

da^ette.
DIVIDENDS,
Cent.

Railroads.
Bald

E.agle Valley
Central Ohio, coin.
Central Pacific

Georgia RR.

.fc

Feb.
Jan.

5

& pref

Banking

(qnar.)

Books Closed.
(Bays inclusive.)

Per

of Company.

3
..

Little ScliiivlklU Navigation
Mine Hill & Schuylkill Haven....
Oregon R'way cfc Nav. Co. (auar.).
St. L. & San Francisco 1st pref,)..
Bt. P. Minneapolis & Man. (quar.)
St. Paul & Northern Faciflo

31s

75
2
312

2
3
3

Wilmington Col. & Augusta
Wilmington & Weldon

4

Jan.
'Jan.

Feb.
Feb.
Feb.
Jan.
Jan.
Jan.

Insurance.

Citizens'

Clinton Fire
Farragut Fire
Globe Fire
Guardian Fire

Home
New York Equitable
Pacific Fire

Rutgers
Standard Fire
United States Fire

!

2
6

12
dem.
dem.
dem.
dem.
dem.
dem.
dem,
14
.Ian.

On
On
On
On
On
On
On

7

On dem

6

Fel).

3I3

SS^m

.

United States Bonds.— Government bonds have been
stronger again during the past week, and the 4s are to-day
i^@i^ higher than on last Friday.
The closing prices at the N. Y. Board have been as foUows:
Interest
Periods,

fas, 1891
4>9S, 1891

Jan.

American Fire
American Exchange Fire

Exchan^re. The New York market for sterling has been
unsettled by a spasmodic demand for bankers' bills for the
settlement of balances and by the 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 8.3 and 4 86. During tlie week they were advanced to 4 841^ and 4 87, but on Friday, the llth, were 4 84
and 4 86U. Tlie rates for actual business on Friday were as
86;
Sixty davs, 4 83@4 83i.<; demand, 4
follows, viz.
Commercial bills, 4 81i^@4 82}^.
cables, 4 86K@4 86"";f
:

Jan. 12 to Jan.
Jan, 16 to Feb,
Jan. 2 t« Jan.
Jan. 8 to Jan.
Jan. 8 to Jan.
an. 1 6 to Feb.
Jan. 17 to Feb.
Jan. 20 to Fob.
Jan. 10 to Jan.

Feb.
$3
$2 50 Jan.

XXXVUI.

—

ghe Bankers'
Wame

[Vol.

is,

18,1907...
option U. 8
68,cur'cy,
es.our'cy,
88,our'cy,
6e,our'oy,
Se.our'oy,

'95
'96
'97
'98
'99

—
—
—
—
—
—

7.

Jan.
b.

Jan.
9.

Jan.

Jan.

10.

11.

11414 *114ie' 11418*11414 '11114*11414
12338 12338] 12314! 1233b, *123a8l 12358
1233b 12338*12314! I23I4 12338*12338

coup.
reg

38,

Jan.

5.

IUI4 *I14i8*114i9' 114ie *114l8*114l8

reg.

1907

.Tan.

coup

100
128
130
132
134

reg
reg
reg
reg
reg
rec

*100

i*100

*130
132
*131

*128
*130
•132
•134

123

100
n28

•100
•128

•130
•132
•134

•132

*100
*128
*130
-132

1*131

1*134

130

I35I3 *135i9 1351^ *135ia •1351c •135I2

This la the price bid at the morning board no sale was made.
receipts
D. S. Sub-Treasury. The following table shows the
»nd payments at the Sub-Tre^stu-y in this city, as well as the
balances in the same, for each day of the past week:
•

I

;

—

On dem.
On dem.

miscellaneous.

On dem
JANIIAltY 11-3 P. M.
BalaTices.
Paymetits.
Situation.—In finan
Receipts.
Financial
and
Date.
Market
Ctirrency.
The Money
Coin.
cial affairs the most prominent event of the week has been the
$
per
S
$
Buffalo
5
$
&
New
York
West
Shore
of
price
the
in
break
1,681.135 08 116.796,198 00 6,651,309 11
2,898,321 99
cent bonds from 66% last Friday, the 4th, to 51% on Thursday, Jan. 5.,
1,469,017 69 116,185,343 11 6,733,.539 06
75
937,992
the 10th, though recovering to 60)^ on Friday afternoon, the
1,445,080 10 115,762,121 27 6.49-1,251 96
"
786,574 16
k'.'.
1,010,531 40 12,536,555 38 114,405,706 Ii4 6,328,645 61
9..
The transactions in them during the week have been
llth.
1,200,855 75 114,23i),B64 52 6,243,2:10 86
"
949,388 83
10..
enormous, aggregating not less than $11,000,000, of which
1,392,151 63 116,072,329 71 6,354,737 06
" 11.. t 3,336,333 58
about $3,000,000 was on Thursday, the 10th, and about $4,500,9,728,395 61
9,919,143 76
000 on Friday. Tlie occasion of the rusli to sell was in the facts Total ...
that on Thursday the West Sliore Company listed on the Stock
Includes $2,000,000 gold certiflcutea put into cash,
ccrtittciitos taken out of cash.
Exchange the remaining $14,750,000 of the total issue of $50,t Includes |518,000 gold
certificates put into casli.
000,000 bonds, and that at the meeting of the stockholders on
X Includes $2,000,000 gold
the
Wednesday no provision was made for the payment of
State and Kailroad Bonds.— The general market for raildeficiency of from $5,000,000 to $7,000,000 in the cost of the road bonds was strong during the first half of the week, and
road over the amount actually raised.
the general tendency was toward increased activity and higher
The plethora of unemployed money in this market becomes prices. On Wednesday, however, tlie movement to sell West
more apparent now that it is increased by the interest and Shore 5 per cents, which had been increasing, grew into undividend disbursements incident to the beginnning of the usually large proportions, and the rapid decline in their prices
year. Just at present it is also being increased by the fact affected the rest of the bond market to a slight extent. Neverthat the interior exchanges have this week been more de- theless, the majority of the leading issues show slii{ht fraccidedly in favor of New York. Tliese features, together with tional gains, though the amount of business in the last two
the reported probability of a call for the redemption of $10,- days has been of small volume. The following shows the
000,000 more of United States bonds on March 15th, have given range of fluctuations for the week since the opening prices of
us a superabundance of money not only in the immediate Saturday, the 5th inst.,viz; N.Y. West Shore & Buffalo osat 651^
present, but also prospectively for some time to come.
@5li4@60ii@Q0}4; Kansas & Texas gen. mort. 6s at 83@81J|@
A few we-'ks or so ago there were some indications of a 81i^@83@84@83; Atlant. & Pac. firsts at 93i^@93J-^@93i^@93
growing confidence in railway mortgages, and a prospect that Central Pacific firsts at lU}^@112@lll%;Canada Southern firsts
a great deal of the capital held out of employment would at 95i^@963^@96; Burlington & Quincy debenture 5s at 93J^@
find investment in that channel. But th-^ recent develop- QZU@w6%; International coupon 6s at 83@84@83J^; Kansas &
ments in connection with the Oregon & Trans-Continental Texas consols at 1085^@110i^@1093^; Texas & Pacific Rio
Company nnd the New York & New England, together with Grande Division firsts at 73i^@75@73^@74J^; Northern Pacific
the apprehension that the unexplained condition of the West firsts at 103M@103Ji@103T^@103%@102%@102i^: New York
Shore and North River Construction companies, might even- Susquehanna & Western firsts at 79J^@79i^@80i^@79i^@80;
tually result in a default of interest on the West Shore bonds, New Orleans & Pacific firsts at 85@84J^@86i^; Chesapeake &
have made a temporary slight renewal of the feeling of dis- Ohio currency 6s at 48ii@483^@47>>^@.50@47i^@48}-^; Erie 2d
trust, and the owners of capital have again fallen back upon cmsols at 9-2@93\^@Ql^i: Oregon & Trans-Continental firsts at
loans on collaterals for th" use of their money. The result is 78@77; Wabash general mortgage 6s at 69@67; Virginia Midthe lowest rates of interest ever known at this season of the land incomes at 65ra)(i4i^irt)65: Chicago & Northwestern debenyear. Throughout the week the rate for call loans on stock ture 5s at ^i^s@mi@Q'i%@m}4@Q3}4; and Chicago St. Louis
collaterals has scarcely been above 3 per cent, and at times has & Pittsburg firsts at 85@a8.
been down to IJ^ 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 63 at 'im@Z7%\ North Carolina 6s, special

Fidelity

&

Casualty Co

NEW YORK, FKIUAY.

••

;

41^ per cent. The rates for mercantile discounts are also tax, at 31^
Missouri 63 of 18'i6 at 104 do. 6s of 18-(8 at 106
lower, being from 4 to 5 per cent for first-class double name North Carolina 6s issued to Chatham RR. at 2J^, and Virginia
paper for 60 days and four months, and from 5 to 6 per cent 6s, deferred, at 9i.^.
for the best single name paper for the same periods.
Kailroad and Miscellaneous Sto -ks.— Tlie features of the
The last weekly statement of the New York banks reflected week which liave affected the stock market have been first,
the above-mentioned conditions of the market by an increase
the unsatisfactory condition of affairs in the various pools,
of $9,157,200 of deposits Hnd an increase of $1,463,000 in the
but esijecially that in the Trunk Line pool in connection with
surplus reserve, the total excess over the required 25 per cent
the attempt to coerce the Lackawanna by the oraer of the
being now $8,211,950, against $4,636,335 at this time last year.
Trunk Line committee, cutting off its connections west of
The Bank of England weekly statement showed a gain of Buffalo after next Monday second, the diminished earnings
£45,000 in specie. At the same time, the reserve of the Bank
of the roads in the Northwest in the first week of January,
was increased from 34}^ per c nt to 36}^ ercent. The Bank and, third, the break in West Shore bonds. At the beginning
rate of dis ount remains unchanged at 3 per cent. The Bank
of tlie week there was a good prospect that the disposition to
of France weekly statement showed a loss of 3,450,000 francs
make use of the increasing amounts of idle money would
in gold and 4,650.000 francs in silver. The Bank of Germany
result in an iidvance in the quotations of stocks, and the
francs
in
specie.
shows a gain of 3,240,000
prices of Michigan Central, Union Pacific and Missouri Pacific
Tt\e following table slioivs the changea from the previous
were made the leaders of what appeared to be a movement
week and a comparison with thp t^vo preceding vears
for a general advance. This, however, was checked on Thurs1884.
l8t-3.
1»82
Differ-nces jr'm\
day by the continued break in West Shore bonds and the
J. in. 7.
previous week.
Jan. 6.
Jan. 5.
various rumors in circulation about the West Shore and North
result was that in the
Loans ana dis. «331,355.000 Inc .fS.S 19.300 $3 17.4 19,20 $319,110,400 River Construction companies. The
111 51 4,01(.
60.1 '.2.8)0
next two days, though there was no general decline, tlie
62.S77.000l Inc. 2,408,990,
Specie
20.20 1,0
li,7O6.T0;):l>ec.
7511,101)
17.537.6 «
Ciroulation
market was very dull. Nevertheless the majority of stocks
32SI.950 20.. Inc. 9.157,»00 302,SH1.IOO ';99 500,4011
Net deposits
show at least fractional gains ov r last week, while Union
111 6,8 S 'O
il,;04 700
27. 822.50 Inc. 1,343,400
Legal tendt-rs.
Pacific, Michigan Central, Central Pacific and Jersey Central
Iiegal reserve. «82,4ft7,'50Tnc 52,?S9.3O0[ $75,720,275 *•; 4,«75,100
show important advances. Ontario & Western was adversely
80,3,)-, 500
ri.l<j2 800
90.099,500 Inc 3,75.'.3O0
Beeervf* held
affected by its connection with the West Shore, and declined
1,9."0
i(il,4fi3,<>00'
636.225'
Inc
if4.
9,21
;J3.317,700
Bun'i""
3J4 per cent.
;

;

—

;

|

:

. .

.

—

.

jandakt

•

THE CHRONICLE.

law. J

la,

65

NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING JAN.

II,

HIOHEST AND r.OWKST PRICES.
STOCKS.

Jul.

M

S

If »

Monday,

SttanUy.

Jiin.

n.

l*^

^

m\
81>4

lOf.

67%'

B8V«
Si's
8UHi
eR»4

ru.

Jowey
rfiiii .11 iM.iih*
ChPHai"'!ikt' it Ohio

Jnu.

Jan.

8.

0.

a:)

mhi
uuHii

60 "a
52 41
86 Hi
85 Hi

Jan.

5

80^4

66 Hi

65 Hi 60 Hi
62 Hi 52%'
80^4

04%

50%

60%'

.-^13

5314

56% 60%
52% ,52%

80% 30%
32% 33 14
88

M7
88
65 4J 65% 06%
•14
15
16
24',! '24
26
Hoai

16
36
12.020

16

15

•14

811 14

06% 67%

•14
•24

'.J

88',

00

«0%

6634I

•14
•24

15

I

I

I

i

t

1

84%
IM%
14%
24%

I

I

;

I

.

8

1534 Jan.

8

Ol'sJnn.

115% Jan.
110% Jan.
143% Jan.

illO%Jan.
]

!

I

'

—

1884.

i

11%

Jan.
Jan.

34

32% Jan.
92% Jan.
66

1

Jan.
Jan.

139

1

25%

Jan.

7'

2
10;

Ian. 7
Jan. 7
Jan. II
Jan. 10
Jan. 2
Ian.

A

pref

HarlHin
Hotmt^in

A

•40 "a

Toxaa Central

1331a
Illinois ('(Mil lal
I>o
loatwd 11110 4 p.c.j
Indiaitn lUooinlngt'u

Lake Kiio

shoro

I.oivtf

NIauil

I,uni>i;in 1
Loiiisvilln

Wiwt'u

<ft

Wostorn

<fe

Ii!iko

19
19>4
05>4

69

A

Mi.srtoiirl

River

*50
53
55
83 Hj 133 Hi 134

Ifltpref..

19=4

19\

1914

19 Hi

1934

97%

96% 97%

20><.

•07

69

coiumoD

Miinhattan Reach Co

MfTiipliiH A eh rlt?,ston ....
Mcn-iipi>Ht;ui Klov.itod
Micliifjiin ("outral
Milwaukoo L. sh.
Western.
Do
pref.
Minneapolis
St. Louis
Do
prof.

"iiil "ijit

42
•841a
•41

36
•90
87

36"

"as

•90

94
90

Missouri KansaA A Toxaa
Missouri Paiillc
Mobili- A Ohio
MoiTis A i'lssoK
Na.shvllli>chiiU.anooga& St.I,.
Now York Central A JIudsou.
New York Chic. A St. Louis ..

Do

prof.

New Y'ork Klevated
New York Lack. A Western..
New Yoi k Lake Erie A Wost'n
Do
pref.
New York A New Kngland
New York New- iiavon A ilaxt.
New York Ontario A Wf.steru,
New Yorkausq. A Western...
Do
pref.
Norfolk A Western
Do

pref

Northern Pacific

Do

pref

Ohio Central
OliioA Mississippi
Oliio J-ontlit'rn

A Trans-Continental..
Peoria Dt-camr A Kvansviile
Phllad.lphia A KeadiUK ....
Oregon

18
34

18>4
3514

22% 23 '4
88 \ 91
lO's

A Danville
A West I'tTerm'l
Rothtster A Pittsliurg

St.

Louis Alton

Do

A Terre

San Francisco

Do
Do
St.

Paul

A

Haute
pref,

A

pref.
Ist prof.

pref

8t. Paul .Minncap. AManitob;!
Texas .t I'ucillc

Paclllc

Wabash St. Lonis
Do

A

Pacllic.
pref

9I8

9H

90%
16
38

I8H1 18Hj
•34
at
22 Ha 2314

90% 91%l

9I4

9>4

Oregon U ilwav
PacItU- Mail

ANav.Co

Do
Western Union

r till, -i
Will^, largo

A Co

INACTIVE STOCKS.

90%

60 193 Jan.
100 50 Jan.
2,014 132% Jan.
104 81%. Ian.
1,405
17% Jan.
1,050
17% Jan.
98,903 04% Jan.
853 05 Jan.
,

9034
0834

07

663j

1

I

33
43

87%

•85
•42

'4034 "ii'u
31
31

30

42% 42 'e '41%

43

36%

37
•00
91

90
92
38
18
36
23

'

•83

88
43

84,070

9I4

9%

9I4

1714

15Hl

I6H1

lOHl

15%

1618

ei4
•1614

6%

68

69 >4

16
37
94

40
94

200

91% 92%

38
«17%....
3534 30
22% 23

«89
•22
41

66% 67%

2%

3I8

26%
64% 55%
20
3

3

24 Hi 24 Hi
8
8

32% 34%
16
67% 6918

•14

90

31

30

ISHi

16 14

42
•89
•22

27
41
90

97 14 98

90

18% 19%

47
92
27

90

97 Ha 99
19

20%

72 14 75

73%

I81.J

19 Hi

19%

31

3ia,

19Hi

I6I4

OlHi
121 Hi
I6I4

...

761,

73 14

00% 00%
121% 121%
16% IOI4

3
2334

42% 44%

30% 31%
14
14
67 's 58 's

1j2%132%

2gHi

15

88
•22

29Hi
16

88
27

9%

9%

41% 41%
•89

•15

10

62

99%
42% 42 't

116

•26

•25% 30

76% 70%
131

132

133

92
60
110

42
89
3234

323,

74%
129
92
60
106

7534

130
93
00
112

132
03
•97% 90
4334

40
2634
35'8
3

40
40^
2f*8 20%
54% 65 %
2% 2 '9

30% 31%
14% 14 'e
67 's 69%

500
475
620

69

Jan.

48" JanTio
Jan.

35

42% Jan.

5734

16
40
90

I

5

SO

Jan.

38

124
66

Jan.
Jan.
114% Jan.
93< Jan.
20 Jan.

•45

29

15%

98

97% 97%
19
19%
76% 77%
19
19
30% 30%
60% 60%

98

121-%

•13
106

137%

101% 101% 100

102

43%

43% 43%

4.334

116

114

30

•25

•5%

76% 76%
129

92% 93
108

60
110

114%

128% 130

02% 92%

•36

110

60
110

90

00

A

Honie Wai<!rtown A Ogdensb.
Texas A -t. Louis in Tejcas....
united Co'sof New Jersey
Honicstako ^ Inlng Co
Maryl.indCoal
New Centr 1 Coal
Pennsylvania Col
iiprlng Monnt.iln Coal
'

IB

1934

1934

193% 192%
10
•lOHi
•10

301a

•10% 13
•9% 11

IS
11

30%

These are the prices bid and asked

:

2934

30

•10% 13

•9%

11

30

31

10%

•10% 14

9%

•11

9',

30% 31%

uo sale was made at the Board.

t

12

•9%

11

31

31%

Lower price

H

•11%
•9% 11

30% 30%
ia

ex^divldemL

10

18%
129%

86
106

89%
40%
83
17% 52%

26',

72
169

188

16% 29 S
4'(

9

14
10

31<
18

48%
23% 38%
4934 90%
32

1534 Jan.

91

41

4
3

43
89

Jau.
Jau.

4

36

72
39
23
86

4

80

103

Jau.
Jan.
3234 Jan.

5
9

87
33
90
94

100%

I

Jau.
Jau.

3934 Jau.
90 Jan.
3234 Jan.

42
90

94% Jan.

99

lO's Jan.

09% Jau.
18

Jau.
Jan.

29%
69% Jan.

601

2,779 119%Jan.
550 13% Jan.
1,786 105
Jan.
406 16% Jan.
640 122% Jan.
700 00 Jan.
7,402 93 -Jan.
20,050 41 Jan.
1,724 11334 Jan.
I

!

3l

2

Jan.

5

Jan. 7
20% Jan. 10:
78 Jan. 10
1934 Jan. 7
32 Jau. 5;

61% Jan.
2 12134 Jau.
1034 Jan.
106 Jan.
17% Jan.
.137% Jan.
3 65% Jan.
2!

44% Jan.

2 117
2

29% 88
12

28

47
21
14

20% 86%
S9%
40
40'%

87%
168%

17% 48

70% 104%
16
86%
29% 87%
57
69%
118% 140%
14
39%
15

38

65
66
90
28

136

81%
44%

160

112% 134

Jan.

76%Jan.

14%

46% 61%
129% 188
18%
4

5

78% Jan.

14%

36 >4

102% 112%

2<103%Jau.
2:

2
21
7

80
46,261

7

8%

46%

71% 88%

130
03

Jan.

136% 186

60
110

Jan.
Jan.

113

138

Jan. 7 133

Jan.

7 127
13
140

138

160 128% Jan.
692 91 Jan. 3
100 66 Jau. 3
133 108 Jan. 10

90

16

18

48%
80%
68%
33
19% 84%
86 106%
1634

133<

Jan.
Jan.
67% Jan.
3% Jan.
2434 Jan.
8 Jan.
34% Jau.
14 's Jan. 10
59% Jan. 10
132% J an. 3
Jan. 11

94%
66% 66 >
88

38
180

81

68%

80

77
96

113%

15

19

1

s.iratoga

96%

8334

41
27

,

Ores;., I,

10
36

65

50% 64%
111% 129%
16%
7

6
30

73% 75%

100%

12% 30^

31

4,360
28,025
437,973
4,980
0,700

106

17% 17%
134% 134% 133

32
76
77

687,

2i

616
388
100

17

68

90
63

9

88

121% 121% 121%

15% 15%

148

27% Ian.
14% Jan.

•45
•88

40
00
27

19% 20%
76% 78
19
19%
30% 31%

•66

10934 10934

13%'

40
90
20
•41% 42% •40% 42
'90 -.
90
00

129

93
60

29%

200

30
38
SO
38

90
Jan.
28% Jau.
70 Jan.
17% Jan.
178 Jan.
16% Jan.
6% Jan.
10% Jan.

10%
46%
87%

82%
84%
17% 36%
13% 88%
923, 1147,
sen
68
25
13
40% 68%

120

87

Chicag.i A Alton, |)ref
Cohimlii A 'ireenvllle, prof..

HciiK>. laer

9

23% Jan. 5
91% Jan. 10
10% Jan. 2

an.

75

200

000
68,270
211

131% 131%

18%

16

H%

4%

11% 23
45

3,400
2,400

238,426

68

1% 7%
21% 61%

Jan.
2334 Jan.
51% Jan.
2% Jan.
22 Jan.
7 Jau.
29% Jan.
13% Jau.
34 's Jau.
131% Jau.
4 Jau.

200 132

Dubu<|ue A Sioux City
Ohio .t Mississippi, pref
short Linn

4
10

Jsn. 8
Jan. 11
Jan. 8
Jan. 10
Jan. 7
Jan. 4
Jan. 7

93%

40

7,286
72,232
3,488
2.100
1,200

30% 31%
13% 13%

29% 29%
13% 15%

25%

•128% 130
92

3

2534 Jan.
70 Jan.
13 Jan.
176% Jan.
16% Jan.
3
Jan.
10 Jan.

2,050
30
18,413

23% 24%'

»5

6

30

74% 75%

56

71

85% Jan

46,300

3

20%
65%
2%

• 22

97%

132
02

•5
'23

5

61.J

40

115% 115% 116% 115

*5

07% J an.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

86%.

"669

16

•15% 16%

•.^9

•15
10
10534 1063,

42%

5:

1934 Jan.

2;

200 10i»Jan.
60 123 Jan.
2,000 34 Jan.
28,434 lll'sJan.
1,570
8'sJan.
2,932
18% Jan.

9%

17

4

46
90
27
42
91

96

20% Jan.

2'

2

....

95%
18% 19% 18% 1934
73% 74 %l 74% 77%
18% I9I4 18% 18%
30% 30 Si 30% 31
01% 01%
121%121% 121% 121%
97

10

10%
33%
21%

1,150
9.030
75,055

176% 176%
12% 13%

13%

6

27% 27%
16% 1534
^43
•88
•22

10

388

•9% 11%

2334

15
57 Hi 68 14
I3IH1I3IH1

110% 117
•5% 6
30

3

200

38

18
36

22% 22%
8934 90%

16% 10%
1234

6%l
5%
16%1 *16%

30% 32%
•13Hl

17% I714
122% 122% 115
04
65 V
62
100 103%
97

128 Hi 130
129
92
821.
92
•50
•66
60
109 Hi 109 Hi 110

Albany A susqueh,inna
Central Iowa

1534

26% 20%!
54% 86

4
•54

30%
13%

41% 41%

_

5%

103,

20,030

90
85

.38

•17
•35

90% 91%

9%

16

32%

1,000

23%
86%

111% 131%

38
72
4 193 Jan. 11 190
Jan. 4
41 61
50
3ILS4 Jan. 7; 124
111 82%J,n.
8 77

Jan.
Jan.
Jan.

31
42

715

38
•90

93%

180

•40% 40%
26 Hi 27

'54 Hi

29»4
15>8
•40

15
176
13

16

17

40^

41
26 >8 267s
66
66 ?(
2% 3
24
24^4
7
8
32
34%

934

43'i4

300
200

43
88

5
3
7
5
7

•41% 43

-9% 10% *»% 11%
121% 123% 123 123

10

75

Tclcirrapli

EXPRESS.

in
^ tales

1.

22 Hi
901.

16%

101 103 Hi
42Hi 4334
lie II6H1
6
*6Hi
•25
30

pref

1934

•30

35%
22%
89% 91%

•35

17'8

Co

..

»17

16

OlHi

Pullman Palace Car Co
Quicksilver Mining

1

'

17% 17%

15Hi

110

niprovcineiit

80%

4

16>a

Mutual Union Tclejcr.iph
^ (irk A Texas Land Co..

Adam.A 11H

90

22
80

19

1834

96% 97%

15%

16
37

89

19
6634

196
60

133% 133%
81% 81%
19% 19%

20
20
19% 18% 18%l '18
19% 19 le 19
105 130
130
•105
105 130
106 130
130
86% 86% 86% 86%
8634 80 34
86 Hi 80
80
2818
27% 27%
20% 27% 27
27% 27% 28

121
101.
16
105Hl 10504 10314 10534

i

196
•46

52

'40% '47% 'io's'is"

40% 47

30
90

16

20
20
105
130
80^4 87
86 14
27
28% 27I4

30% 32

1

1834

97
67

•60

10
36
90
89

88

20
lOi

MIS(;EI,l,AXEOrS.

New

18%

95%

•17% 18%

33
•41
•86
•41

Amril.'an Tel. A Cable Co
Bankers' A M erchanta' Tel
Colorailo Coal A Ir.ui
Delaware A 1 udson Canal
Orepoii

18Hi
I8H1
96Hi

Duluth

Do
Union

I8H1
I8H1

95%

10>8

Kirlimond

St^ Louis

82 Hi

36
43
•42
43
88 Hi •84 Hi 88
-42
43
43
'36
94

*46

60

'122
124
124 124
65
63
54
.06
64
50
35
55
113 's 114% 113% 114% 11318 113% 113% 11334 113% 11334 113% 113%

Pitt-sbiUK Kt. Wavnc A Chic.
Rifh..«- Allcgh.. sfk trust ctf'8

Riclimnnil

Hi

69

"48'8"47%

35
•41
42
•84 Hi
88
•40
42 Hi

A

A

60

133%133Hi 133% 13334 ^133% 134
82

..

* Nashvillii
Lnuisv illn New Albany ACllic.
Man hat Ian Elovaiod
Do
Do

1

86

66%
88

61
13

6

Joseph

St.

76
48 't

47% 71%
68% 90

1

2'118 Jan.
Jan. 111 25% Jan.
5% Jan. 2 634 Jan.
U'sJan. 2 123i Jan.
60 Jan. 7 51 Jan.

—

78% 84^
78
84%

Jan.
14% 27
4: 1 30
Jan.
128 137%
2 12234 Jan.
115% 120%
2 !)4% Jan.
91»4 108%
9III7 Jan.
122%
116
2,118% Jan.
1IS% i40>«
2!l47 Jan.
167
134
2 117% Jan.
116% 127%
2 13% Jan.
10% 22
2 35 Jan. II
STi
33
34% Jan. 3 30
11
66
2 95% Jan. 7
118%
01
68 Jan. 7
84
64
51130 Jan. 3 124% 142

23%

1

High

17

Ii'l5%jaii.'

I

1)0

1^8.

Y»||r

23

(

Hannibal

I

Ivow.

80% Jan.
82% Jan.

1

an.

J

133% Jan.
110% Jan.

,i;-

<

7
7,

10 80
Jan. 2 37 %
Jan.. 2 33%
Jan. 2, 90
Jan. 2 67%
Jan. 4; 15
Jiiii.

50

I

<

80

34%

0,484
17,025
27,495

I

1,

1884.

Highest.

HO34 Jan.
81 3| Jan.

I

IS
200
25
26
200
•as
20
26% 25% 24 's
rill
Utprof...
16%l
1634
•10%
16%
17S)I
17%
312
ItlHi
17
17
15
a,
17%
16
\
l>o
'Jrt i»f«r
'1.34% 133%'
1.3414 134 '4 134 Hi 1 30
894
1»4
1.S4
1:13% 186%
hiin ..
Allim
121
i'2'i%i213i 121
14,288
1 20% 131%
i'.'()»i laaLj- 121H,122->4i 120 '4 121 Hi
(hi. ,i.-.' IturliuKtouA Unlncv
1)2 '4
92 .^i OS's: 02
1)3 's
03
92% 93% 92% 04% 02% 92 %[ 240,531)
lii.siL-.. Milwiuikoo* SI. Paul
113%113'«l
ll«i4 llOH: 115Hi llUlj 115% 116% •lie
117
1,020
Do
prcC iin»4iio
117 '8 118% 117 Hi ll.S%' llfl'.j 117'<i 110% 117% II714 118% 110% 117%
33,263
ChlcAKo A NorthwoHtflru ...
'144
14«:'4
145
144%
144%
HjI
146'4
144
14
144
2,01(1
145%
14(1
145%
Hi
I>o
piff.
117i«117%
117
117
117%
1.340
14 117%
Chlcaun Uork iHlaiiitit P.icllie ll(IHlll<i%! U7 117% in^t 11714
•11
•11
13
11% 11%
1.0.50
lHj 13>4 12 Hi 14
18
rhiraito.st. l.oiilHi(- FMlUblirg
•34
•83% .35% 36
•34
33
3.T
•33% 86
l.'iO
35 Hi
pit'f.
I In
'
33',
34
32% 33%
3334 34%
3414
34
6,761
33% 3379 33% 34
Chicago .SI. I'aiil Mliili. <t Om.
94
94 "4 031.
i)r>
04% 93', 94 H 03% 94
4,036
04
94 Si •94
prof.
Do
•65% ....
68
68
66
600
(57^; UT-j
66% •60
Cleveluiut t'ol. Cliiu. *t fnti
130
131)
60
CI*'voIini(l .t IMItwbiirjf. Kiiar..
'(.Iiiinl.Ms (.'liU', A Iiul. Cent..
213.7.55
10%117Hi 11614 llO's 110%110'e 116% 117% 116%117
hi !.i\. itf l.:it-ka\viinna<ft\Ve»t. tiVli'silH
25
23% 24 Hi 25 14 24 Hi 24% 2434 24341 2334 2434 23% 23%
7,435
1'. in
.v Kio (tt-aiHlo
'ti'a
6-34
634
6% 6%
2,500
634
OHi
6»4
«H»
6%
6% 634
Kjust
t'uiU'.Hst'i" Va. A Oa
•12
13
12
12»<
12% 12% *12% 13
1,200
12
12Hi 12H!
12Hi
!>o
l»ref.
61
200
60
Evansvillc A Ti'iro l[aut4>
•5
•4% 6
6
•S"*
7
7
-6H1
Green Bay WiuonaA St. Paul

•Uht 16 Hi

LowMt.

n.

80

SInoe Jan.

1,

-11.

(Hharos).

Frlilnr,

80>4
81^4

57 'j
53 14

nniifro

Sale* of
tbe Week

Thui»(lny,
Jan. lU.

'

80

NO
'

7.

WtMliKuiUy

Tiimclin-,

AND SINCE JAN.

03

Jan.
Jan.
144% Jan.
100 1934 Jan.

Jan.
Jan.
144% Jan.
1934 Jan.

139% 146%

7 192% J an.
10 Jan.

192% Jan.

187% 197

100

9% Jan.

9% Jan.

2,506

29% Jan.

15

200

11

Jan.

3i%'ian."

15
13

8
10
9
260

32
34

27%
19
17
14

280%
29% 30%

.

——

I

—

.

...

THE CHUONICLE.

56

—

—

[Vol.

XXXVin.

.

QUOTATIONS OF STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE BONDS,

80

ClasifA, 3to5.19^>6
Class A, 3 to 5, small.
69, 15)06

80
105
..

11

78, L. Rock&Ft. ij.iss.
7e, Meiui).* L.BockBK
78 L. li.l'.B*N.O.KR
7a. Miss. O. A R. R.
79, Aikaii9a9 Cent.

20
20
18
18

'*'6s.''?unac(l,

189i)-190p

BB
BR

Georgia— 69, 1886

7b. lu-w, 1886-...-.
78, endorsed, 1886
73, i.'0ld, 1890

Lonislaua—
78,C0I13Ol.,
7R.'j'nall

141s

Do

10(3

|

'87;

—

110
•JS

70
66

1868-1898

RR

ChJltbam

Special tax.class

Do
Do
Do
Do
Do

I

;

clas32

—

RR-

2-'a

6.9,

2=a

Consol. 4s, 1910

U'-i
2 la
82 la

6a,
6s,
68,
Gs,

Small

B"

C.

W'u.&TarR.

es,

,

,

deferred

113%
1131.J

112
110
110
110

Reifistered

ruudiug58, 1899

117

coupon, 1893-99

6.^

42
64
8

Small bonds

„

Do
Do

I

43

38
»8

District oi Columbia—
3-65S, 1924

106 >a

69,1886

40

40

new, 1866
now, 1867
consol. bonds
ex-matured coupon.
conaol., 2d series

6s,

40

4114

C'mp'raise,3.4-.-).6a,!912
Vir^iuiii 6s, old

Wil.C.&Ru.R.

Rhode Island—

(

101
Tennessee— 6s. old,1892-8| 37
37
6s, now, 1892-8-1900 ...
37
Gs, jiew series, 1914

\Ve.stornRR.--

toW.N.

Ohio—

I

,

21a
3
3

1 , '98-9

2i2

nou-fundablo. 1888.
consol'u Gs, 1893

Brown

9
16
16

A.&O

Do

107
110
117
110
110

1

107
108
113
115
117
29
29
No Carolina RR., J. &Jt 160
160
- --*
Do A.&O

101^

Ex-matured coupon

Do

New bonds, .T.&J., '92.8

1

Rold, re?., 1887
Kold, coup., 1887
loan, 1891
loan, 1892
loan, 1893
N. Carolina— 68, old, J.&J.
8s,old. A.&O
6s,
6s,
68,
6s,
69,

103
102 la 104 la'

1914

do

New York

104
103

)

Bid.

South Carolina
Gs, Act Mar. 23, 1869

18.-.

Do 7 coup's off, A.&O. 135
9
Funding act, 1806-1900

1

due 1886
due 1887
due 1888
due 1889 or 1890....
Asylin or Univ.. due '92
FuudiuR. 1894.96 ......
Hannibal & tit. Jo., '88.

6s,
88,
68,
6b!

SECURITIES.

Bid.

N. Carolina— ContinuedN. C.RU. 7ci)'8 0tr, J&J

116

;

Missouri

SI
971a

Clans C.4»,1S10B
69.10-203,1900

I

78,1890

I

SECTJEITIES.

Ask

Bid.

Michigan—

Alabama—
ClassB.

SECURITIES.

Ask.

Bid.

SECTJEITIES.

1

small
rei^istered

...

BAIL.ROAD BONUS.
Del.

Railroad Bonds.

L,. <ft

W.— Coutind—

(Stock A>cli<.ii5f P'-if':'

b2

Ala.Central-l8t,68,191»
AUeg'yCen.-lBt,bs,19'2^,

1891
Coap.,78, 1§94
Ist, ext., 7s,

,

,

|

i

1

Atl. ACh.— l.st,

---1st. reg.. 1921
Denv.&RioGr.-lst.l900: 109
1

87

Istconsol.. 7s. 1910..-.

.,-,,,

I

9534

goS! Denv.So.P.&Pac— l8t,78.;
96
l)eu.& KloO.\Vcst.-lst,6s' 71
---'2d. OS. 1;'!».-...
*
1107
Det.Mac. & Marq.— Ist.Osj
Central Iowa— l&t,7s, '99
79^4
Land grant, 31-28, S. .4..., ....
East. Dlv.— 1st. 6s 1912
lst,7»
E,T.Va&O.-lst.78,1900, 117
Aug.—
&
Col.
Cbai.
ii"i2"
-.-•
i'li"
M.
iBt, ctms.. 59. 1930
Cbes.<te Ohio— Pur. m'y
•111 '112
93
Divisional 5s. 1930
bs, gold, series A, 1908.
9713 98
S.f..deb.c.8s - ...
190S.
H,
Eliz.C.&N.series
gold,
68,
17 'a 48
68, currency. 1918

I.

72
95
85

1

I

;

!

—

11034 llO't SciotoVal. 1st. cons., 7s.
Cobs. 7s, 1904-5-6
65ia| 08
.St. L. A Iron Mt.— Ist, 7s,
Cons. 2d, income, 1911.
v,l
2d, 7s. 1897
H. & Cent. Mo.— lat,'90 103
105
Ai'kansas Br.— Ist. 7s...
6s.
New.
Mobile & Ohio.—
107
Cairo A Fulton- l,9t,7s.
Collat. Trust, 8s, 1892.. I'lOo
Cairo Ark. A T.— Ist, 78
Morgan's La.it T.— 1st. 8s| ;---;-i -Gen. r'yA 1. gr., 5s. 1931
Na,9h.Chat.JiSt.L.-lst.7s| llbia ...
;',!*^>^''-"" St.L. Alton A T. H.— l8t.
2d,6s,1901
2d. pret.. 78. 1894
N. Y. Central-68. 18«7.. 104-a ;--2d, income, 7a. 1894
Deb. certs, extd. 59--I'li;3i4 10318

I

N.Y'.C.

<t

H.— Ist, cp.,73:

Bellev.

i30->4

130 ;13084
Hulls. U.-7s,2d,s.f..'83 103 la
Mortgage Us, 1911..-.-. 101^10212 'Af:lox]&B\gn:-iB.'.'' i'sT'* j"i- 4
130
Harlem— lat. 7s, coup.. 117%117ia
extended. 78... -12b [127
l;v,^"|Erie-l8t,
Ches.o.AS.W.— M.5-6a...) *"* .'119
'^^
.IN. Y. Elev'd— lst,7s.l906|
2d, extended, 69. 1919. .-110
Chicago & Alton-lst J 9.
lis
N.Y.Pa.&0.-Pr.rn.89,'95l
3d. extend'd, 41.JS, 1923 -..,.. 110'2
Blnklng fund, 6s, 190.i. • 113'a 123
4U
N.Y.C.AN.— aen.,6s,1910 30
4th, extended, 5s, 1920. 108 ,109
1,8. <ft Mo. Riv.— Ist, 7s .
30
40
1"». I"-Trust t'o., receipts
..- ;-,-;
6th, 75, 1888
2d,7s,1900
100
N.Y'. *, New Kng.— 1st. 7a
Ist cons., gold, 7s, 1920. 127ial29
St.L.Jack.&Chic.— Ist Ho
.1*
,i2o
7s.
1st.
1903
6s,
coup.,
lFtcons.,fd.
(5U4),7s,'94
iBt.guar.
.—
N.Y.C.&St.L.-l8t,6s.l921 1011a 101=8
Beorg., 1st lien, 69,1908, ..-_... I.-..
2d (360), 7s, 1898.
86>
87
....
2d, 8«, 1923
Long Dock b'ds. 79. '93.i llo 118
20, guar. (188),7s,'98.
6814
N.Y.W.Sb.iS Buff.— Cp.58 581
Bnff:N.Y.&E.-l8t.l9161 .^31
MiB8.R.Br'ge-l8t,s.t.Cs,
80 14
SO
92
129
1st,
68
14
&
W.—
N.Y. Susq.
N.Y.L.E.<feVV.-New2d6|*.-.;.
C.B.&Q.— Cousol. 7s,190J
••J2
M.6s,1908, 9o
Debenturo, 6s, 1897
Bnf.&S.W.—
6s, sinking fund, 1901.. "9 3
a.
91ial
93
98
—lst,6s
'4
Midland
of
N.J.
cons.,63
1913
H.—
Ist,
Ev.
&T.
debentures,
66,
lOlia*
Mt.Vern.— 1st. Us. 11123! ......t ..... N.Y.N.H.& H.-l st,vK..4s 104 "at
la. DlT.— S. F., 58, 1916
90%' g'i' Frt&P.M'rq.-.M.6s,1920i 112'a,114
NevadaCent.-l8t, 6s.... JO'JH M!?.
6.F.,4s,1919
•87
l8t,63! lUoia
48,1922..
Gal.Har.&S.Ant.—
N. Pac— G. 1. K.,lst.cp.69; iOJV, 102-a|
Div.—
Denver
'
10214,1021a'
Registered, Gs, 1921
.....[ .„: •,::i\2d. 78,1905
Plain 4s,1921
8334I
N.O. Pac— Ist, 6s, g.,1920
Mex. & Pac.— 1st, 58. ..
C.R. l.&P.-68,op.,1917, 12o 11213'a
102:4:10334
1931.
W.-O'l,
8s,
Norf.
&
6s,
1931
1917
2d,
6s, leg.,
tnS'*
llOl
78
New RlVr— lst,68. 932
Gr'n Biiy W.&S.P.— l8t,69
Keo.<B DesM.- Ist, OS. 102^
1115
Ohio & Mis9.— Consol. s. f. llo'^s'
Central of N.J.-l8t,'90 ljo-4:---- Gulf Col. &S.re-7s,1909j
Consolidated 7s, 1898 .. *llD«a
Istconsol. assented, '99i jli 'ii?,^ Han.&St.Jos.— Ss.conv.. 103^
.- , , ,
2d consolidated 7s. 1911 121
Consol. 69, 1911
Conv..a93ented.7s,1902 112 .IIJ
t^y.''}.',S
Ills
1st, .Spriugfield Div., 78
Adjustment, 7s, 1903... lOoHi ...... Hous.&T.C.-l8t,M.L.,78; 107 -a 108
104"8
....
S/'a
73
1908
....
,90
Div.,
Ohio
Central— lst,6s,19'20 65
West.
Us.
1st,
deb.
Couv.
110,
IstTer'lTr.. 8s, 1920-.leh.&W.B.-Con.g'd.as 10o|a lOo
l8t, Waco & N., 7s
88^ 92
l.stMin'lDlv., 63, 1921.
2d consol., main line. 8s 123 a 124
Ani.D'k&Imp.-68,19'21
81
Ohio So.— 1 8t, Gs, 1921 . .
C.M.&St.P.— lst.88, P.D. 132ia,133ia 2d, Waco & No.,8s,191»
94
Oreg'n&Cal.— lst.U9,1921
General, 68, 1921
2d,7 3.10. P. D., 1898-- 1-21. |-,-„-.-..
7415! 78
Houa.E.& W.Tex.— lst,7e
Or.A Trans'l-6s,'82. 1 922
lBt,78,$g.,K.])..1902. 12314! 125
8'2i4
lloislloia
7s.
1893.
1st,
63...
1913
Co.—
Gs,
Oreg.
Imp.
2d,
l8t.LaC.Dlv.,
ril.Cent.— Sp.DlT.— Cp. 68 ll2--a:
Panama— S.f., sub. 6s, 1910
Ist, I. & M.,78. 1897... 116
Peoria Dec.A Ev.— l.Ht,6s
Middle Div.— Reg., 63..
let I. &D.,7s. 1899.... ll7
123
121
78.
1903...
C.St.L.AN.O.— Ten.l..78 :m"i::::: -l| Ev.lns.Div., lst.U3,l920 98 L..
&M..
l8t,C.
12
L
12114
lisvi
120
Ist consol., 7s, 1897..
Peoria A Pok. U'n— Ist.Gs •95 |...
Consol. 7s, 1905
1021a
2d, r«, 1907
Pac. BBS.- Cen. P.— G.,8s 111=4 ...
2d,78,1884
119
108 "a'
lOS'a
1951
Ext.,1908
l.&D.
GolilTSs,
San Joanuin Branch
l8t,7s,
115
117
2d Div., 78, 1894
Cal. & Orestou- 1st, 6s lOlia'
6. W.Div.,lst, 68,1909. lOUi,
9i
Ced. F. & Miau.— ls'.79
St.afe Au\ bds,, 7s, '84 !01
1st. es.I.aC.&Dav., 1910
1071a' Ind. ni. & W.— 1st prf. 78 ri'2'
48t,S.Mlnn.Div.8s,1910 106
Land grant bo'nds. 8s. 104 104 «
1181a;
Ist, 4-5-63. 1909
West. Pac— Bonds, 69 108V ...
iBt, H. &D.,7s, liJlO.. 117
lOJia'103's
70
2d,4-5-Us. 1909
So. Pac of Cal.— 1st, 8s
Ch. & Pac. I)lv.,Us,1910 IIOI4
9334 94
89
East'n Div.— 68.1921.
lkt,Chio.&P.W.,5s,19'21
S. Pac. of Ari7.'a.— Ist.Us
go's' ooV Iudianap.D.<6Spr.— l8t,78
Min'l Pt. Div., 5.S. 1910.
So. Pacot N. M.— Ist.Gs
2d, 58,1911
Union Pacific— 1st, 6s.. 113
C.& L. Sup.Div.,58,1921
110
Int.A Gt.No.— l8t,65,gold 109
Wi9.& Mil). D., 58. 1921 91 -a 92
Land grants. 78, '87.9. 108^110918
S3'
Coupon, 69, 190i)
C.AN'west.— S.fd.,7s,'86 106 14'
Sinking funds, 8s, '93, 1171a 118
Ist.rog.,

1903

I

I

1

'

'

,

1

1

'

I

1

!

j

I

1

I

1

1

1

.

I

I

1

|

.

,

I

St.

1331a 1341a Kent'kyCen.— M.,8s,1911
105
r>.Sli're-M.S.&N.I..9.f.,7s 104
106 14 106^4
Cleve. & Tol.— Sink. fd. 103
let, 78. 1885
124%
Newbonds, 78, 1886.. 105
Coupon. gold, 78. 1902..
123^4
II339
Reg..goni.7s, 1902
Cleve. P. & A.sh.— 7s...
111
121
Blnking lund, 88, 1929.
Buff. & Erie— New bds
Sinking fund, OS, 1929. 10;) la
Kal. <fe W. Pigeon— 1st. 100
93 ig 'g'a'i^
Sinking [*d,dcb. 5s,1933
Det.M.&T.— lst,V8,190U 123
E8Can'a& D.S.— lst,68.
Lake Shore— Div. bonds 1221a 122
Consol., coup.' 1st, 78. 123 "a' 128
Dee M. & Miu's— Ist, 78
Consol. bonds, 78, 1915.
Estens'n bonds, 78, '80.

124 1124781
Consol., reg., Ist. 7s.
Consol., coup., 2d. 7s. II9I4'
Con.sol., reg.. 2d. 7s... 0.1834

.St.

P.— l8t,78,'87 108'

Long

OG34!

I8l.

—

R.— l8t.7s. 1898

120

120

Istconsol., 68. 1931
'ggu' 99=8
Loni9v.& N.— Con8.78.'98 llSHi'
C.C.C.& I ud's- 1 St ,78,s.f 1*118
Cecilian Br'ch— 7s. 1907 103
11834
1-IIS
Con8ol.78, 1914
N.O.&Mob.— I8t,6sl930
91',
Cou^ol. S. F.,78, 1014. ]«117
2d. 6s. 1930
i'osU
0.6t.P.M.<fe0.— Consol. ,68 *108
N.— lst.68,1919 101
E. H.
(!.St.P.<iiM.-lst,69,]918; 115-4
General, 6a, 1930
937b "ai"
N.Wls.— l8t,8s, 1930..
Pensac'la Div.— 68, 1920
St.P.AS.C— l»t,69.1919: i'l'd'
St. L. Div.-lst, 68,1921 i'Oo'ia
Ohic.&E.Ill.— l8t,8.f..cur.
98
ICO
2d, 38,1980
50 '.'.','.'.'.
Chlc.St.D.* P.— 1 st.cou OS
i;8
Nashv. & Dec— Ist, 7s. '115
2d, 78,1907
Mil.&Mad.— l8t,68,1906
.

&

Ist, con., 59, reg., 1932.
Chic. <Si All.— l8t,i.B.19'20
Chlc.&W.Ind.— Ist, sf.Gs
Oen. M., Us. 1932

S.&N.Ala.— S.f.,6e,1910
Leban'n.Knoi— 68,1931
Louisv.C.A L.— 68, 1931

103
108

•102
Col.&Oreen.— l8t,6s,1916, '97
2(1,68.1926

L. Erie

i'os'
,

Laf.

& W.— l8t, 6s,1919

Bl.&M.— l8t,6s,1919

Cd.H.Val.&Tol.— l8t,63 79
7934 Louisv.N..41b.&C.— lst,6B
Bl. L.&\V.— 78, conv.,'92 "lia
Manliat. B'chCo.— 78.1909
Mortgage 78. 1907
N.Y.&M.B'h-l8t,7s,'97
128'a

I

'

li

Marietta
,

'

il

& Cm.— 1st,

Metr'p'lit'n Kl.

2d,68,1899
Mex. Cen.— laf.

93

92
93
• 76

7s.

1898

921a

Ut.Bo.— aen.,78,1909 100

—

Pacific of Mo.— Ist,
2d, 7s, 1891

L.&8.P.-2d,8s,cl.A
388, class C, 1906

St.

i'o'o

1st, rog.,73,

2d,78,l913

101

1911

o pilce irridar— Ibew ue Incest quotaUons ma<,'e this week.

W.

Min's

Un.— l8t,Us,19'22.
;10«

97

Sheird'h v.— 1st, 7s,1909
General, Us, 1921

107
•78

Tex. &N.O.— 1st, 7.9. 1905
sabineDiv.-lsi.Us.l912
Va. Mid.— M.lnc.,68, 1927

110

80
loavj
Tex.Cen.— lst,s.f.,73,1909 107% 108i«
1071a
latraoit., 78, 1011
20
Tol. Del. A Bur.— Main. 6s
10
Ist, Dayt. Div., 69, 1910
10
Tst, Ter'l trust. Us, 1910
I

:

A

6734

P.--Geu'l,6s
Wall. St.L.
Chic. Div.— 58, 1910

GB

88I3

744 Vh

HI
Hav. Div.— 6s, 1910
Tol.P.AW.— l9t,7s,1917 10434
88
81
Iowa Div.— 68, 19'Jl

—

Ind'polis Div. Us, 1921
Detroit Div.— Ua, 1921.
Cairo Div.— 58, 1931...
Wabash— M.,78, 1909.

*
"d'i'-i

»J8
1071a 1071a
10134

A W.—

Tol.
1st, ext.,7
Ist, St. L. Div., 7s, '89
2d, ext., 7s, 1893 ...

98

Equip. b'ds,7s, 1883
Consol. conv,, 78, 1907

86

83

Gt. West.— Ist, 78, '88; 1051a
98
99
2d, 7s, 1893
loB
Q. AT.— Ist, 7s, 1890.

Han. A Naples— 1 st,78

Ill.ASo.Ia.— lstEx.,Us
St.L.K.C.AN.— R.e.7s
Cm. Div.-lst, 7s ...

,
*

St.

•80

Cbas. Br.— Ist.Gs

No. Missouri— 1st. 79.
West. Un. Tel.— 1900, cp.
1900,reg

i'n'n"

110

Clar'daBr.-69,1919

85

*<i034

117

1:9

ll2-^
1

N.W. Telegraph— 7s,1904
.Mut. Dn.T.— S.F.,6s,1911

nil. A N.— 1st, 63
INCOME BOND.S,

Oregon

A

113

82
105 14

80
103

"a

23

28I4

30

K. 111.— Inc., 1907!

911a' E.T.V.AOa.-lnc.,8s.l931I
G. BavW.A st.P.— 2d.inc.
Inc.. 1919
Ind. Bl.
100
Consol., Inc., 6s, 1921..

16

AW.—

io'i'

74ia| 74"%

94

93

•94 ^i'

0.7a
,

Ch.— Ist *lS6i4

Coupons oa since 1839.

45
"70
•80

32
28

N. Y.Lake E. A W.—lnc.Gs

,'133 la ....
2d, 78, 1912
...... 131
3d, 7s, 1912
Clev. APitta.— Cons.B.f.l 1'23«9
4lh, sink, td., U.S, 1892. 108
I

A

DesM. A Ft. D.— l9t,inc.,89l
Det. Mac. A Marq.- Inc.i

1900

A

,110
lllO

99=8' 9934

Dul.— l8t.59,1931
So. Car. By.— 1st, 6s, 1920
2d, 6s, 1931
St. P.

Chic.

90 7^
44 la 46

1

Pennsylvania RR.
Pa. Co'sgu ir. 4 las.lst 0,
Registered, 1921

L.— 1st,

109

Istconsol. Us. Iii33

Ch.St.P.AM.— L.g. inc.,63

Tex.&Pac— l8t,6s,1905 108

Pitt.c.ASt.

IOUI4

1

3-6s, class B., 1906....
1st, O3. PeirceC.AO..
Equipment, 73, 1895..
Gen. mort., 83. 1931
So. Pac. of Mo.— 1st

A Ld. gr.,

---•!

;

rll.-lst. 8s "llbia

.

8f

Consol., 69, 1905

73

I

;
j

95
lol'e 102
Ind's Dec. A Snr'd— 2d inc
11234
Trust Co. certiflcates.
107
lui'>i Leh. A Wilkesb. Coal— '88
110 111
Lake E. A W.-lnc7s, '99
98
sand' ky dv.— I nc.,1920
9334 "g's'-i! Laf.Bl.&Mun.— Inc.78.'99
96
Mil. L. S. A W.— Incomes
Mob. A O.— Ist prf. debeu.
2d pref. debentures
3d pref. debentures
104
lOlia
4th pref. debentures

Exten., 1st, 7s, 1909
Mo. Pac. 1st, cons., 63
3d, 7s, 1908

106

96
95

"9'i'Q

At. J. Co. AW.— 1st, 6s
Oreg. Short L.— lst,6s

"a!

72-isl

112

21

Den. Div.,88,aa'd,'99 106
94
Istconsol., 6s, 1919.
C.Br.U.P.-r.c,7s,'93
At.C.&P.-l3t,6s,1903

103

112
Centralof N. J.— 1908...
1065e 1071a cent. la.— Coup.deiitctfs.

90
108

1907

Pac— lst,6s,'95

Ist, 69,

Pitts. Ft.

78.

l8t,1908

59,

reg
l8t,RioG.Diy.,Us,1930:

|

ByT.Binir.&N.V.^l8t,78 'lull's,
Morris A Essex.— l8t,78 *135ia
2d,78,1891
,115
Bonds, 7s, 1900

Kans.

Income

Sandusky Div.— 88,1919
99

do

—

ll(6ia'107

Unteresl p'iu<itfle if earned.)
AUeg'v Ceut.— Inc. 1912.
Atl. A Pac— Inc.. 1910...

194m

Collateral Trust, 83. .

AS.

,

I

Dakota Ext.— 61, 1910.. lOJ

I

Win.*

lOU

2d, Os. 191)9

.

Peninsula— lst,couv. 7s 121
Chicago & Mil.— l8t,78. 119

llnia
1073sll03

P.Minn. AMan.-l8t.7s

I

129

78.,'97

I

:

Iowa Midland- l8t,89.

p.,

Incomes, 1900

j

'Si'

BnJ.N.Y. & Plul.-l8t,63
Can. So.— l8t, int. g'ar. 55

98

'

I

9TV

i'0'6'

99 's 100
llU>a,117ia:!Mil.L.S.<feW, I8t.6s.l921
Minn.<feSt.I..—lst.7 8,1927 120''3 125
Ist.Pa. Div.,cp..7s,1917] 12bH,
IowaExt.-l9t,7s. 1909 II914I2I
AU). ASusa.— Ist, 78... ..-..
10;"*
2d, 78, 1891
;-,-,:
2d, 7s, 1836
S'thw.Ext.-lst.7s,1910! 110
l8t,con9.,guar.7s,190b 121
101 i-j
,1^0
Pac. Ext.— 1st. 69. 1921 . 1*101
1st cons., Bs, 1906
837b
Mo.K.&T.— Gen.,69, 1920, 83
Reus. dtSar.— Ist. coup. 131

,

,

Bt.L.V.&T.H.-l8t,g.,78 1131a
106
2d. 78,1898
2d, guar., 7s, 1898.-.. 109
Pitts. B.AB.-l9t.83.191l!
RomeW.&Og.-]st.78,'91 103
Con. Ist, ex. 5s. 1922...! 6738 68
Roch.A Pitt.— I.st.6s.l921 1*107 Si 108
Consol. Isr, 63, 1922
70
Rich, ct Al.— 1st. 7s. 1S120| G6
94^
Kich.A Danv.— Cous.g.,Us
oi'
62
Debenture 8s. 1927

100'

Jack.Lan.&.»ag.— Gs.'Ol
L-^^"*,;}!^
;*
llii
ilMil. & No.— Ist, Us. 1910

78.1891

Sinking lund, 6s, 1911.; ---.jvi „.,
9^-a ».i
Atl. & I'ac-lst, bs, 1910 *1.4 jllj 8
Balt.& 0.-lst,68,Prk.Br n4
B0Bt.nartf.&E.-l8t,79,
Gtiaranteed
v;"--l
'iu'l'L;
jXUiH
Bnv.C.Kaii. &No.-lst,o3 -...-.
Minn.&St.L.-l8t 7s,KU *122 105
»*UJ
lowaC. &\Ve8t.-l8t.78 .--.
C.Rap.Ia.F.&N.-l8t,b3

Penn. RK. — Continued

106

—

N.Y.Laok.&W.-l8t,63 -IW lllB-a
& Hud. Can.-lbt, 7s lOOya --.,

Del.

l8t, .18,1921. .....-...-!

\

-•:-

124

l8t, consol., guar.. 78.;

I23I8 125

Cent.— Con.7 8,1902
Consolidated 5s, 1902 ..
6s. 1909
Coupon, 5s, 1931
Registei-ed, 5s, 1931

IVilcb.

1

;-l'^0

78 of 1871,1901

N.Y.P.AO.— lstinc.ac.,7s

52 1«

Ohio Cent.— Income, 1920
Min'l Uiv.— lnc.7s,1921
Obio SO.— 2d inc., 6s, 1921
Ogdens.AL.C- Inc., 1920

11

PeoriaU.AKv.— Ino.,1920

Evans. Div. — Inc., 1920
PeoriaAPek. Un. — Inc., 68
Rocll. A Pitts.— Inc. 1921

Rome W. A Ok.— inc.,
^'so.

7s.

car.Ry.— Inc.Us, 1931

'St.L.Al.M.- lst,7s,pr.l.a
St'gl.AHy.-Se. B.,inc.'94
HSuL.A. AT.H.— Div. Uds,

431a

30

7

.

Jarvakt

.. . , . .

THE CHHOJNICLE.

12. 1884.1

Mew York

Local Secnrltlei.
lAmt.
[Pricea by K. 8. Ballejr, 7 P)n« St.]

lAmt,

BKCUKITIRB.

are P»r.

''_!

Aw
Am

,

Ask.

Bid.

156
120

100
i.iji)...
100
Braa<l > "*'.
28
BiltrliiTti' A Drov's'l
25
Cfiitial
100
CbaHO
100
Chothnm
25
ClieiiiWal
100
Oltliciiii'
25
City
100
CoriuiHTcc
100
Contliu'iitnl
100
100
Com Kxi'hanKu*
Ka«t Ulver
25
'

250

US

Amor. Kxohange

.'020

1J<

118
16i

!...

I

108
ISO
170
155
140

'25

17

20
70
100
50
100
40
100
30
60

City
Clinton

Commercial
Continental

Ea«le
KmiilroClty
Exclianse
Karrugut

..

l-lremou'H

2.">

100
100 400
First
100
Fonith
100 128'^'
Faltoii
80 120
Oallntin
50 172
Oariielil
100 lie
Oerman American*. 75 108
Oenuan KxcUuiige* 100
Genuaiiln*
100 150'
Greenwich*
25
Hantivor
100 16i'
Imp. & TraileiV... 100 iOi
IrvinR
50 140
leather Manuf'ra'. 100 UO
Manlialtau*
60 168
Marlnn
100
Marki't
100 140
Mechanics'
25 Ii2 166
Mechanics'A Tnula* 25 05
Mercunlll©
100
Mercniinlrt'
no LSI
Merclianls' £xch...
60 87
Metroi>'ili9*
100
Metni|"ilitan
100 i5(» 160
Mnrrav Hill'
100
NasHair
1(10 1130
New York
100 170
New York Connty 100 140
N. Y.Nat. Kxfh.... 100 110
Ninth
100 120
North America'
70 105
North River'
30 115
Oriental*
26 1140
Pacltio*
60 1160
Park
100 1«2 Yes"
Peoples*
25 140
Phoul.1
„
20 lOS
Produce*
60
Rennbllc
100 120 130
St.Xlchi.Us"
100 '140
Seventh Ward
100 105
Second
100 I'^O
BhucA Leather
100 ,138
State of New York* 100 126 130
nilrt
100
Trade.snicn'a
40 108
50 178
United -Sfatea
100
Wall street
50
West Side*
100

100
'.a.*>

('ItUona'

...
...
...
...

120
265
152

1.10

Brooklyn

...

I...

Firemen's Trust
Franklin Jl Kmp..
(Jerman-Amerlcau
Oerniania
Globe

1

FUth Avenue*

I

I

.

Greenwich

'

(inardian

I

Hamilton

Uanorer

Home

,

110
60

Lorlllard

tlHO

I

NorthKlver

.

Pacillo

Park
Peter Cooper

35
100

145

136
B5
105
108
147
100
163

HO

93

50
25
25
100

125
103
175
110
150
108
140
57

1.13

60
95
105
140

I

123
03
127
120

200

210

50
50
50
100
25
50
100
100

Phonix
Relief

Rennblio
Uuiser's
J

108
185
115
160
115
160
65
85
120
105
«3
65
130
70
132
126

;

'20

People's

Standard
Star.....
Sterling
Stu>-ve<ant

,

,

25
23
25
10
50

Tr.ule^nicu'.-*

United states
Westchester
WUllanisbnrg Cl*y.

110
2M)
BO
110
135
140
05
63
120
105
85
105
85
100
90
125

37^

Niagara

VOS
140
115
290
66
116
140
145
70
70
130
200
90
112
75
107
108

1

I

...

(115

1105

H3
I

25

National
N. Y. Kquitable
N. Y. Fire

109

no

Manutac. A Blllld..;100
Mech. .t Traders' .. 25
Mechanics' (Bklyn) 50
Mercantile
60
Merchants'
60
Moutank (Hklyn.)..! 50
Nassau (Bklyn.) ...' 50

1

70

90
265
253
80
100
12S
87
80

245
75
00

50
Irving
100
Jefferson
30
iCinffsCnty (Bkn.). 20
Knlckerliocker
40
Lour IsI'd (B'klyn) 50

I

113
168
176
170
ISO
126
130

24,->

Howard

'

166~

\'in

17
10
100
100
50
60
25
100
16
50
100

.

Tii|Mika-lst, 7s.
grant, 7a
Atlantic A P.iclllo— Oa ...
Incotne
Bosl4in A Maine— 7s.
Boat on A Albany—'7b
6s

Ask.

Bid.

50

Bowery
Broadway

..

laj
185
140

...

A

Atch.

80
115
100
35

60

.Mori., 6s,

98
31

31>s

Gas and

City Railroad Stacks and Bonds.
[Gas Qnotaiiona by Geo. H. Prb.\-ti£S * CO., Brokers, 11 Wall Street]

New

i.
•

Harlem
Jersey

ityi Uoboken..!

(

Man hilt

I."xn

I

Mctri.i...iiian'.

I

Bonds
Mutual (N. Y.)
Bonds
Nassau (Bkljm.)

I

Central of

>

Williamsburg

>

Bi.ii.N

A

J.I

14,0(1(1,1)1)1)

1)0(1

l'.'3.i)l)()

Bonds

4(lij,()(l(i

1,000,(H)0, Qnar. 2
1,0(MM)(X) A.<SO.;3

750,()00,M.<SN. 6
100 3,000,000'
....

Fulton Municipal

Bonds

I

....

Kqultabl-.

'

'83 '260

llJec.

'

'

'

1902

,

lOO 1,000.000 M.<SN.,3
100 3,000.000;
15

Miuiicipai

108

'

A

I,()()i),(i0()

50
60

104

x-7
107

'83,117
'831156

'

Var's 3 (Sept., '82 74
,M.,tX.! SialNov., '83 85
M.AN. 6 (Nov., •83 149
.1.
•70 70
J.) 3"a'jan.,
M.l.V. 3 Hi .Nov., •83 106
831 97
Var's 3
Oct..
F. &A. 3
Autf., •83)

7(1(1,0(1(1

1,0<IO

Mcin.i...ii(an (Bklyn.)...

I'ja

'83

'

iAng.,

I

'84 12(1

'

2'a'Jan.,

M.AN.l 8

'1..30n.(IOtl
l,0(Hl.(Klil

37

I

'831215
...|105

135
90
110
120
165
270
22
110

131

'

7'a'Jnlv,

5
6
A. 3

ct

Qunr.

I

1,000
Var'8

New York

F.

7.')(».(I(HI

:3,5o0,oi)0

2:

People's (Bklyn.)

73(1,000 J.

,4,0(K).00() J. ,t J.
2,r.(MI,(MMI .M.& S.
;

Var's
100
10

York

Bonds
Bonds

I

1,000

Scrip

New

20
60
100
600
KM)

5
May,
3 Jan.,
312 Oct.,
3 lAng.,

Nov

,

Oct.,

83

'83

Jan.,

Dec, 'i
1888

115
106

300.0(10 J. it J. 6

100 2,000,0001

115
105
83
200
100

92

1..

87
162
71

—7s

Kaslon.tAmb'v-Ss,

Mexican CenIral—7«
y.AN. Eugland-Os..

N.

7a

N. Mexico A So. Pac— 78
Oregon Short Uno-68...
Ogdcnsb.A I..Ch.— Con.68

61^

el's

OSy

88

CO
00

89

Cons, fls, I'.A R., 19'23..
o9>a N.O. Pac,.— lat, 6s, 1920.1

Pnohlo

A

T. Ciiin.

A

116

St. I/-l8t, 6s.

',

2'a

STOCKS.

Atchison A Topeka
Boston A Albany
Boston A Lowell.
Boston A Maine
Boston A Providence

Penn.sylv.— Gen.,

79"3

.".

79=9

175 -J 170
112
160

Pa.

I

"I'i'ii

Concord

100

Vlj"!
jlOOij

83

82'a'

Filch burg
Flint A Fore Macquotte.
Preferred
Fort Scott A Gulf— Pref
Coniinon

120

90
•29

99i'4 100

122

76

Louisiana ,fe Mo. River..
Preferred

I

145
I,owell
16 ig 17
N. Y. A New F.ngland ...
Nordieruof N. Jiampsh. 112
Norwich A Worcester ..
Osdeusl). A L. Champlain
Old Colony
139K
Portland siico A I'ortsm.
14
Rtl Tind— Preferred
Revere Beach A Lynn
I

117

110
05

:

.(:

j

I

1

,

.

,

i

1,000

<lr r,d

St.P'ry-Slk

1st niort
Cenii-al Tiissiown— .Stk.
Isl nioi

100
100
1,000

I

1

HiiiMi.u .st.AP.F'y-Stlil
Inl nii.U

I

v.—Stock

.\

3dmnrl
Ciinsiil..

siNTi,

\v. -stock..

-Stock

I

100

2.i<).(M)0i

500
100

500.000

St.— stock!

112

I...

A
A

J.
J.

•03

....I

7

July,

5

'041)0

7

Aug.,

83

May,

•93lno

A.AO.
.MAX.

7
7
M.A.V.i 5
.). .V J.I 7
li.-F. 4

•2.".0l)O0!M.,frN.'

[117
Il25
1112

no

IRS

Lulanui abows last (livldend on aoikt, l>Qt date of matarlty of

108

iis"
112
168
113

Preferred

iiond.'S

Syr.Gen.A Com.— 1st, 78.
ITuion A Tiiusv.— l8t, 78.
United .«. J.— Cons.6s,'94

iW

05

1896

A

Broad Top

Plifenid
Northern Central
Northern PaclUc

12

'

as-si
69=bI

!

69"!)'
I

63
"60^, 'si'

68
26 >9

North Pennsylvania

63

A

Phllai[elphia
Erie.
Pliila. Ccr,
Norrlstown
Phlla. Newtown A N.Y..

A

7b

68
"68'i| 68

Peunsvlvania

Reading...

19

iwl
29^

50

:

Charl. col.
'2d

Wash.
2d8

Cin.

RAILROAD BONDS.

.

3d. Gs. I.H87
Bell's Oap-lst, 78, 1893.

4S<«

leK'.'.'.'.'.

laiij

71 "a 72 »
1C5
199

120
9

62

56

14

15

1081a 109

85

84

110
llO",
104
97 "a
SHOi

2d8
So.Centrnl—68. '85, J.AJ
68,1900, A. A O
6s, g<dd. 1900, J.AJ...
5s, Series
6s. Series

A

99H

73 ^»
101
117'a

Plttsb.ACon'ella.-78j,*J 123
Union RR.— lst,irna.JAJ 116

103 Hi

S'lrginla

Canton endorsed
A Tenn.— Os

—

8s

1st. g.,
J
2d, guar., J.

A

not

9a

100
122

110

2d, guar, by W.co.,J.itJ
J
6s, 3d, guar.. J.

A

Wll.

Per shara.

101

J.AJ.

Wllm.C AAlg.— Ms

19'il

74

U4Si
ICO
97

B

"sa" "ai'

Consol.. *>s, 1913
Bnir. N.Y A Phil.— lst,6a
2d. 78. l;i(18

t

lOi^t

100

71U 71'.

W.Md.—6s,

i!.x-ttiTideud.

95

A Aug.— Ist..
A Balt.-lata. luls :oi^

arts

Allegh. Val.-7 3108, '98
7s, K.ext., 1910
Inc. 78. end., coup., '94
Belvld'e Del.— lst,0s,1902
'2d, (is, 1885

1

Western .Marvland

ColumbiaA Greenv.— lata
46>«

91
106-'<

Balt.AOhio—6s„'86A.AO 104

Atlantic.

Lehigh Navigation
Pennsylvania

124 >9

Piltaluirg A Connellsvllle

Cen. Ohio.— 88, l8t,M.AS.

CANAL STOCKS.

c«

Ohio— Com

60
60

Central

103

n6>a

I '26

2dpref
Parkersburg Br

RAILROAD BONDS.
A Chail.— ist

—

A

BALTIMORE.
BMLR'D STOCKS. Par
Atlanta A Charlotte.
Baltimore A Ohio
lOO,

Atlanta
29'. 'Inc

Trculou
Wilm. A Bait
Pltt«l). Cin. A St. L.— Com.
L'niled N. J. Companies.. 195
West Chester Cons. pref.

West Jersey
West J ersey

Greenw'il Tr., 7s, reg...
Morris— Boat Loan rg.,'85
Peuusvlv.-Os. cp,. 1910..
Schuvlk. Nav.— Ut,6s,rg,
2d, '68, teg., 1907

let pref

65 3«

Preferred

68

—

Cons., 78, reg., 1911

Preferied
Lehigh Valley
Preferred
,
Little Schuylkill
Minehill A sch. Haven..
NesqiH'honing Valley
Norfolk A Weat'u—Com,

-fy.

'l26

27

A Del.— l8t.6s,1886
Lehigh Nav.—68,reg.,'84
Mort. BR., reg., 1897 .,

Wiiliamsport

Huntlngd'u

„.

80

loiy

Chea.

18^

K.ist Peniisvlvania

,

107 >a

CANAL BONDS.

2d itreferred
Delaware A Bound Brook

Cons. 6a,

100
118
107
76

A

Oen'ies. 1921
In oiiie. Os. 1923
Income, 5s, 1914
-*unburv A Krio— lat, 78.
innb. Haz. A W.— Isl, St
2d, 6s, 1938

68, P. B..

Ist, H8, i90.'.

•i«lia

>hamokiuV.

Gen.. 7s. coup.. 1901

Schuvlkill .Vav.. pref...

93

4

OOo.oilO
I

AprU,

•84 115
Jan.,
NoT.,10'22 110

F.AA.

7.'ili.i"lli

100

7
a

2fi0

noo.iiiiii
2,0ll'i.i«ni
..OOll.o.li) J. ,t J.

100

130,000

100

J.'

Nov., '83

Jan., '84 '2:10
Aplil, '83 103
Nov., S'illO?
Sei,'., •83 :iO.!
•00
iiily,
Nov., '83 273
Jan., •90 110

1,0,30.0110

1,000

0.1

M.AN.l

J.
1,391>,:.00 J.

1,000
1,000

1.000
• fliia

2,'i().0(M>

1,000

I

liird

236,000 A. A
600,000 J. A

1,000

I

1

Second

74.8.000 .M.AN.

A

B.— 73,cp
P0U8.— 7s
•hen. Val.-l.<t. 78, 1900

Pitts, ritus.

80
80 >a
92 »< "9»"

1

23

1st preferred

A

no

100
Cons, 6s. 19'20
109 >9
Cons. 5s, 19'20
104^ 103
Phlla, Newt. A N.Y.— Isl
.....

W.Jer8ey-lst,6a,cp.,'96i 114*, 115
1'20
Ist, 7s. 1899
J 112
cons. 6s, 1909
"- :07
W.JerseyAAll.-l8t,6»,c7 103
Western Penn.— 68, coup,

103>«

Caiawissa

Phila.
Phlla,

102 <9
109>4

Warren A F.— Ist, 78 '96
West Chester— Cons. 78..

t

Buflalo N-^Y. A PhlL.
Preferred
Camden A Atlantic..
Preferred
..

Pliila. .t

i

6s,cp.'87

Con.s. (is, gold, i'lOl
Con.s. 6s, gold, 1908....
Gen., 48, old, 19-23....

13''i

Bell's (Jap

,

1st niort

59

Allegheny Valley

[Quotations by H. L. Grant, Broker, 145 Broadway.]
BFckci .~l.A Fult.F.-Stk
100
900.000 J. A J.I 3^ Jan.,
84 23
25
1st n:,!it
1,000
700,000 J. A J.
July,1000 112 112'a
lii',ln;iv
"thAv.— .Sfk.
100 i2,llM),()00 Q.-J.
'84 151
Jan.,
133
lat HI. lit
1,000 11,50(1.(100 I. AD.
June, '84 l02W,'106Hi
Brooklyn City— .Stock
10 2,000.(H)() Q.-F.
Nov.. '83 213
1st niort
1,000
800,000 J. A J.
ICOI
106 no
Brdwiiy iBkln.)-Slock.
100
330,000 (^.-F. 3 "a Nov., '83 210 215
Bklyn. Crosstown—iitock
100
200.(M)0 A. AD. 4
Oct.,
'83 140
1st TOort. tioiids
1,000
400.(HI0 J. A J.I 7
1888
103 112
Bushw'k.Vv. (likln)— Sfk
100
500.(KM) U.-F.
Nov. '83 11:0 170
Cent.l'k.N.A K.Riv.-stk
100 11,800.000 Q.-J.
'84 142
Jan.,
144
Consol, inort, bonds ..
1.000 11,21)0,000 J. AD.
Dec.,1902 116
I'JO
ChrisfplrrJclOthStr-Stk
100
630,000 P. A A.!
Aug.. '83 115
120
Bonds
1,(H»0
230,01 (0 A. A O.
1808
no !116
DryDk.K.B.A Jiat'y— stk
100 1,200.000 Q.-F.
Nov., '83 263 I275
1st mm t., consul
50O.tc.
900,000 J. A D.
June, •93 114 1117
Eighth A v.—Stock
100 1,000,000
Jan., '81 300

«2d A

A

Preferred

110

126
at,

1

Conv.,7», R. C.,1893
Conv. 7s, cp.olf, Jan.,'83
Phii.Wil.A Ball.—48,tr.ct
Plits.Ciu.ASt.L..^7a, rec

PHILADELPHIA.

20,-)

!

i

Maine Central
Manchesier A Lawrence.
Maiq. Hoiii^hl'n AOnton.l

A

lilt

106

A R.— l8t,6s,19l0..
120
2d, 7s, coup,, '.893
118 tl20^
Cons., 7s. reg., .911
Cons., 7h, conp., 1911 ..1 126iail27
Cons, 68, g., I.R.C.I9III
Imp., 6s, g., ctnip., 1897'
Gen., 6s, g.. conn., 1908
99V 99'4
Gen., 7s, couii.,1908 ...; 106 1107
i'8 a 100,
Income. 78, coup., 1896
Cons. 68, 1st ser.,c.,1922
79
Cons. 3s, 2d ser.,c.,1933
70
Conv. A(1J. Sdip, '85-88 911, 91Vi
Debenture coup., 1893J| 73
80
93
Scrip, 1882
100

.

A

.STOCKS,

121

.

.

Phil.

ISg

i09

'

N. Y. C.-78, 1896.

Phil AI':rie~2d,78,cp ,'88

Dot. Lansing A No., prof.
>;asteni. Mass
Kaslern, New llampsll..

Iowa Falls Sioux City.
Kati. c. Siiriiief.
Me.o.
Little Rock
Pt. smltlj.

I'JI^I
l'20i«

Perkiomen—

Michigan..
Cinn. Sandusky A Cleve.
Connecticut Itiver
Conn. A I'lissniupslc
Connottou Valley

A

,

7,1006

88

A West

Elnilra

6s, reg.
6a, C])., 1910
Cons , 6s, reg., '903
Cons., 6s, coup., 1905...
Cons . 6s. reg., 1919

Gen

ltf6's,167

Cheshire, pt ef en-ed

A

85

No. Penn.— lsl,6s,cp.,'85l lOlia'
2d, 7s, cp. 18^6
I'iO
Gen ,7s, 1903
123
Debenture 6s, reg
Norfolk A West.- Gen..6s 101 H) lot
N. R. Div., 1st, 68.1932
di", 101
Oil City.tChlc — lat, 68..
Oil Creek— lal, 6s, coup.. 107

1st

A

las'*

•'

Income

Chic.

132'a'

I

Ark. Val.— 78

Rullnnd— 6s,

Sonora— 7s

lJ8<g'l26~b

2d, 7s, reg., 1010

Income

RAILROAD

88"

2d,6s,I000
I.eh.V.-lst,8s,C.AB.,'08

Old Colony —78

Wisconsin Central

110
100
HO
117

I0'20

ART

A St. Lo'uis
Massachusetts
Worcester A Na.sliua

'

.\nt.,deb. 6s,

6s, rg.A cp.,V.
Del M. Hound Br —1st, 7s
iEast I'enn.-lst, 7s, 1888

. .

I

c«uin.

Delaware-

Tol. Cinn.

25 2,000,000 Var's
20 1,200,000 Vai'8
1,000' 313.000 A. *0.
60 1,830.000 F.* A

A

58
El AWni«p'l-rst,68, 1910
Kast'rn, Majis.— «a, new.. 110^ ...
5s. perpetual
*ort Scott A Gulf- 7«. ... 114 1...
Harrlslig-lsl.Os, 1883
K. City Lawr. A So.-Os. 106 ...
H
— l8l,7B, g., 1890
K. City St. Jo. AC. B.— 78
Cons 6s, 1893
K. Cltv sp'd A Meiu.-Os
83 y'agi. ltha<aAAih.-lst, gld.,7»
Llttle'R. * Ft. s.— 78, 1st
Jnnclion-lst, 8s, 1882.

Verm't
'

7h, reg.

Cor.CowunA

I

Brooklyn Gasl.ipht
Citizens' Gas-L. (Bklyn
Bonds

p. c

Chart IS v.— Ist, 7s. 1901
Connect'g 8s, cp., 190004

Connottou Valley— 6s

Preferred

1

1004

A

Burl. Co.-6»,'97.
C'atawlssa— 1st, 7s. con. c.
ChAt. .M., 10s. 1888..,

Nashua A

!

6s.

Cons.,

Nebraska, 6s. Kxeinpt 113
Nebraska, 6s, Non-ex'ut 104*4
Nebraska, 48
88>«
...'
Passutnpsic

'2d,

Cam.

A Ix)well—7s
6«
Boston A Providence— 7s'
Burl. A Mo.-I,d. gr.,78.|
A

,««

A Amliov— 6s, c,
IHHO
Cam. A Atl.-Iat,7s,«.,'93
Cam.

12I>sl'J3

BoHton

C'onn.

W.-iien

Bnir.PliIs.A

l,aiid

Par.

A niertcan

...
...
...

[

Elevrntli Waril"
Fltth

C0MPANIB8.

8KCURITIBS.

BOSTON.

PRICK.
)

57

Qnotations In Boston, PhiladelphU and Baltimore.

Inaanmoe Stock

Hnnk Slaek

,

,t

WeinoD-tJold. 78

t,uil«{aalt.

107 la 113

U7

}Ex-rtsIit(.

I

:

c

..
, .

.

THE CHRONICLE.

58
RAILROAD EARNIN«S.
Latat Earnings Reported.

Jan, 1

Koadt.

^eekorMol
Chica«r> & Alton l8t
Ohlc. Mil.&.St. P. let
Ohio. & NorlUw. 1st

wk Jau
wk Jan
wb .Ian
Oh.8t.P.Miu.&0. 1 9t wk J.1U
Denv.&UloGr.ll 1 St wk .lau
Lone Island
Isl wk Jau
loulsy.&Naeliv. Isc wk Jau
HorthernPacilU- 1st wk Jan
Bt.L.&8an Fran. 1st wk Jau
Bt. P. Miun.&M. l8t wk Jan

<o Latest Dale.

1884.

1883.

1884.

$
147,959
314,000
i75,500

S

S

58,'.'0O

101,800
34,433
210,000
I43,60i)

58,200
97,500

15.1,683

90,40(1

101. 8U0

36,107
241,910
116,360
55,377
120,184

31,433
210,000
143,600
58,200
97,500
Jan.

to 1

:.

:

XXiVlK

[Vol..

.New York City B;inks.— The tollowing statement shows tt
a
condition of the Associated Banks of New York City
for theweek endintr at the commencement of business on Jan. 5
Ban^.

S

342.900
313.100
75.600

Latest Earnings Reported.

:

1S83.

147,959
314.000
275.500
5S 200

Roads.

150,633
312.900
313,100
75,600
96,400
36,107
211,940
116.260
55,377
120,184

Latest Dale.

New York
Manhattan Co,
Viercbanta
Mechanics'

Union
America
Phoenix
City

Tradesmen's

.

rulton
Chemical
Merchants* Kx.
,

WeekorMo]

1883.

1882.

1883.

1882.

Ala.Ot.Soiithero November.
107,3 ;9
98,086
952,392
761,973
Atoh.Ton.&S.Fe November. 1,340,762 1,319,312 13,011,531 13,314,665
Bur.Ced^R.&No 4th wkDeo
67.614
77,751 2,816,771 2,800,682
Canad'n Pacltlo 4th wkDec
92.000
73,000 5,275,534 2,536,345
Central Iowa.... December
118, 23';
102.229 1,307,103 1.10.j,158

Central Pacitlc. Novemlier. 2,100,00( 2,139.259 22,871,323 23,612,109
Chesap. & Ohio. 3d wk Dec
73.405
66.250 3,837,028 3.269.299
Ohio. Bur.&Q.. November, 2,563.773 2,199,421 23,939,450 19,523,744
Oblc. A East. 111. 4th wkDec
33.434
38,600 1,657,578 1,735,133
Olilc.&Or.Truim Wk Dec 29
58,186
57,997 2,915,358 2,274,268
Ohlc. & W.Mlcli. 4th wkDec
32.489
49,828 1.513,839 1,503,433
01n.Ind.8t.U&C 2d wk Dec,
45,754
46,295 2,405,116 2,478,129
CinolnnatiSoutli November.
237,483 242,827 2.364,047 2,358,321
Cln.Wash.&Balt 4th WkDec
33.543
54,548 1,857.878 1,797,005
Olev. Akron* Col 1th WkDec
9,881
12,547
523.862
505.967
Cler.Col.C.A Ind November,
351,346 431,960 3,944,949 4,014,911
Connottou Val.. November
32,855
21,590
Danbury & Nor. October .
21.109
20,510
184,57'
174,582
Des Mo.& Ft. D. od WkDec
6,991
7,752
334,258
340,014
Det. Lan. &No.. 4th WkDec
31,703
38,664 1,590,246 1,590,058
Dub. & Sioux C. 4th WkDec
17,149
17.705 1,084,036 1.093.865
Eastern
3 wks Deo.
178,593
172.372 3,542,249 3,336.831
E.Tenn.7a.&Oa December. 367,834 341.311 4,138,164 3,351,356
14,14EUz. Lex. & B.8 3d wk Dec.
13,583
708,135
520,106
Evansv. « T. It. December.
59,976
59.982
723.894
850,230
FUut&P.Marci. 1th wkDec
58,189
65,495 2.543,815 2,162,953
Flor. Cent. & W. 3(1 wk Dec,
12,103
11,368
422,218
402,766
Flor. Tr. & Pen. 3d wk Dec
14,560
14,280
515,181
415,146
Ft.W.A Denver. 4th WkDec
5,200
5,600
Grand Trunk.... Wk Dec. 29 302.625 382.639 17,7.i2'.309 16,899',424
Gr.BayW.&St.I'. 4th wkDee
10,599
10,547
412,244
393,367
QnlfCol&San.Fe 2 wks Dec.
101,510
121,275 2,030.32; 1.508,741
Hannlbal&St.Jr I St wk ,.Vov
49,842
63,681 2,145,244 1,954,238
Hous.E.&W.Tex October...
37,429
21,097
266,332
215,452
DllnoUCen.dll.) 1th WkDec
113,30;
111,761 6,712.489 6,959.731
Do (Iowa) Ith wkPeo
33,900
3i.9M 2,015,332 1,915,532
Do So. Div Ith WkDec
88,000
149,014 4,359,993 3.848,536
Ind.Blooiu.&
1th wkUec
51,606
47,062 2,927„533 2,639,016
K.C.Ft.S.&Gulf 3d wk Dec.
37,121
36,078 l,928,3o8 1,656,486
Kentucky Csut. 3 wks Dec.
41,652
40,307
K, C. Law. & So. November. 195,512
152,835 1,583,109 l,208',i5&
L. Erie & West'ii 3d wk Dec.
21,942
29,297
L. R. diFt.Sniitli December.
65,357
83,591
555,761
539,129
Ii.Rk.M.Rlv.&T No\'eiul)er.
50.00U
44.728
361.488
264,772
La. & Mo. River. October
63,300
56,100
557.60(1
439,900
Mar.Hougli.AO November.
61,00,.
91,0 10
869.851 1,174,531)
Menip. & C'harl. 2d wk Dec.
40,296
41,062 1,249,8911 1,059,535
Mexican Cent.. 3d wk Dec.
28,431
1,543,705
Do No.Div 3d wk Dec.
11,598
M6x.Nat.,No.DS 1th wkDec
11,200
Southern Divi 4th wkDec
21,500
Mil.L.Hh.&Wesi Ith wkDce
21,050
22,009 1,023.473
869,853
Mtnn.&St.Lou].- Novembec.
176.053 167.745 1,501,801 1,401.101
Missouri Fae. a Ith WkDec 435,472
483,116 17,107,412 15.676.828
Mo.Kan.&T, i 1th WkDec 287,711 335.127 11,658,991
10,13S.4«3
Tex. APacilic. 4th wkD. c
188,255 196,513 7.005,111 5,919,732
Central Br'ch. 4th WkDec
43,225
32,766 1,522,011
996,496
Whole System Ith WkDec 954.063 1,047,512 37,293,588
Mobile* Ohio.. December. 200.029 306.723 2,264.900 32,731,517
2,185,167
Nash.Ch.&St.L November. 205,660 202,668 2,118,891
N.Y.L.E.&VV..1I September 2,613,134 1,880,211 17,473,009 1,952,181
14,874.331
W.Y.&N. Eugl'd October
365,877 304.592 3.101,744 2,865,354
N. Y. Susq. & W. November.
8(i,782
71,322
929,830
655,915
Horfolk & West 28 dys Deo 216,523
193,938 2,790,546 2,398,910
Bhenaudoah A' December.
62,863
46.930
853,919
459,937
Northern Cent.. November. 536,094 526,685
5,678,979 5,310,172
OpdenBb.&L.Ch. October
66,700
74,000
Ohio Central
1th wkDcc
18,510
Ohio Southern.. 4th WkDec
8,689
9,135
415,143
385,865
Oregon & Cal
November
114,174
956,053
Oregon Imp. Co. November. 331,247 340,058 3,792.758
3,676.552
Oregon R.&N.Cci December
427,500 280,650 5,567,321
Pennsylvania .. November 4,473.479 4,373,825 47,212.734 5,014,915
44,922,657
Peo, Deo. &Ev.. 1th WkDec
18,961
14,146
720,882
760.529
Philadelp.&Erie November. 376.662
369.583 3,851,535 3.675,901
Phlla. & Read." November. 3,654,916 2,250.749
28,002,556
20,039,227
Do C. & Irou November. 1,756,585
15,969,0:^0 14,029,256
Blabm.& Uanv. December. 331,500 1,657,792
322,400 3,842,012 3,663,3m4
Oh'lCol.&Aug. November.
82,021
88,528
750,443
677,706
Colunib. & Gr. October
86.247 113,806
602,192
592,507
Va. Midland.. November.
147,046 136,826 1,560,312 1,381,352
West No. Car. December.
33,232
23,076
381,485
246,923
Roch. & Pittsb'g 4th wkDec
21, 2-20,
8,561
BomeWat. >ScUg November. 153,175 155,300
Bt.L.Alt.&T.H. 4th WkDec
35,304
38,217 1,453,240 1,456.031
Do (brchs.) 4th WkDec
21,800
22,963
826,033
875,460
Bt.Louisi& Cairo 3d wk Dee.
5,677
9,418
381,617
372,719
Bt. L. Ft. 8. & W. December.
38,913
Bt. Paul& Dul.. 4th WkDec
22,311
28,576
1,109,841
Bo.Pao.Cal.N.D September 127,374 138,168 1,325.015
960,317
927,418
Co So. Div. September 338.517 347,562 3.114.114
Do Arizona!. September 204.128 230.690 1.887,617 2,943.006
2,145,386
Do N. Mex;. Septemlxa70,501
68,810
603,479
557.588
Boutb Carolina. November. 121,820
151,681 1,193,100 1,164,736
Tex.&8t. Louis. 4th wkDecl
20,455
Dnlou Pacitlc... Novemlier. 2,731.723 2,7ii'.917 27.343,420
27.804,921
Utah Central ... November
107,267
136,204 1,081,267 1,391,418
Vlcks)>'rg& Mer. November.
58,161
59.647
463,167
414.505
Wab.St.L.&P... Ith.wkDoc 427,903 397.361
16,905,465 16,738.357
West Jersey
November.
81,03H
78,090 1,152,1" 1.016,183
Wisconsin Cent. November.
137,542
1,332,780
.

W

.

.

.

.

.

.

. .

,

Juno 1st in 1883 Includes earning of Cent. RR. of New
Jersey
"oisey,
1 Included in Central PacUle earnings above.
4 Mexican currency.
Includes Utah lines in 1881.
a Includes St. Louis Irou Mountain & Southern in both years
* 81n(|e

||

A Includes International
e

.

.

Embracing lines

In

& Great Northern

Mo. Ark. and Texas.

in

both years.

Qallatln Nat,..
Butchcrs'dt Dp

Mechanics'
CJreenwich

& Tr
,..

.

Leather Man'f s
Seventh Ward..
State of N.Y...
American Bxch.

Commerce
Broadwav
Mercantile
Paclflo

Republic..
Cbatbara
People's

North America.
tlanover
Irving
Metropelltan...
Citizens'

Nassau
Market
Nicholas
3hoe & Leather.
Corn Bxchange.
3t.

Continental
Oriental

Marine
importers'

Park

k Tr.

Wallet
Sorth Klver. ...
Sast River
Fourth Nat'nal,,
Central Nat
Second Nation '1
Ninth National.
First National..

Third National.
N.Y. Nat. Exch

Bowery Nat'nal
N.Yorl! County
lerm'n Am'c'n,
Chase National
Fifth Avenue..

Qerman Bzch.
Qermanla
0.8. Nat
Lincoln Nat
Garfield Nat

....

Fifth National.,
Total..

4,70<),700

The

deviations
Loans and discounts
Specie
Legal ten lers

from returns of previous week are as

—

.

f3,sli>,300
2.1II8.H0O

Inc.
Inc.
Inc.

1,3^3.100

The following are the
toan».
,„„™
1S83
%
Dec. 2a....82S.072.100
•'

I

Net deposits

Inc.

Circulation

Dec.

Specie.

L.'tenderi.
%

%

2l'....327,5S5,700

B0,4B8,lO0

26.1(39.500
2<),47«.I00

B.... 331.355.000

02,677.000

27.832.500

Jan.

Loam.

Specie.

1
147.251.000

1883.

"
31
1884.
Jan.
7

750,100

weeks past

Deposit.. Oirciualim. J gg.OlMT
%
%
321.757.800 15,424.300 T9<1 482 596
S2a,7aS.000 15.458.800 OZl.^gS.TSO

329.030,200

Boston Baiiks.- Following are the
Dec. 24

$9,157,200

1

totals for several

OO.Ba4.7.10

follows:

L.Tendert.

14.706,700

735.813,018

totals of the Boston banks
DeposUi.* CirciMation Auo-Vleat
.

C
6.401.700
6.527,200

5.71)7.100

M3.9tf'.,900

y
25..585.80U

14e.>)74.100

$
8,082,700

98.430.800

26.52o.200

87.709 743
52.744.S76

148.816..TO0

8.939.100

5,098,500 100.147.300

25.728.400

75.771.547

Philadelphia Banks.— The

$

totals of the

.

Philadelphia banks

are as follows:
Lawful Money. DepotlU.'

Loant.
188S.

Dec. 21...

77.293.233
76.814.653

77.302.125

"

31....
•
1884.

Jan.

7

...

Includlnt; the Item "

20.747,51(5

Circulation. Aoi.Clear.

20.891.B99

71,182,425
71,337,530

a.240,814
8.286,S18

59.980.968
40,944,266

21,701,752

73.513,227

0.2«1,507

81,107,314

due to other banks."

Unlisted Secarities.— Following are quotations for unlisted
securities

Am. Bank Note Co.
& Pac.— 68, Ist

Bid. Asked.
..

Atl.

30
93

Blocks 35 per cent..

Cowdry

100
25

Accum'd I'd gr'tbds
Am. Railw'y Imp.Co—

Ex

Mich. &0. 1st mort
Missouri Pac, old st'k

and stock. ....
Bost.H.&E.— Newst'k
Old
^9
Bos. H00S.T& West st'k
Debenture
64
Cen. of N. Jersey deb. 84
Ciu.Wash.&Bal. pfstk
bonils

=8
"a

67

2d, Ktd by Cen. Pac.
Chic. & Can. South

C—

Istmort
Gr'd Trunk

Istmort
DeD.& R.G.R'y— Cons. 84
58
50
Der.ver&Rlo. G. West 10
1st mort
Edison Eleo. Light
150

FCWo'h Deu. City, del.

Pitts.

Keely Motor
L.& N. col. trust brts '82
Lehigh &W!lkesb. Co
Mexican. Mat
Istmort....

&

170

6

&

St. Jo.
St. .Jo.

2%

438

11

7ii

26'

80
17
3113
5J4

76"

4S°a

85
5
49

West

&

P.acitio Ist

do

2d

Kaus.

81% Texas
Now
24"

24^8

68
981s

21

.

Postal Tel. stock...
Istmort., 6 J), c.

do
5

8H3

Western.

Ist luort

whissonT.&C. stubs
Ga. Pac. stock
1st mort, 6 p.
Ind. Dec. & Springf

W

7

Istmort

&

Certfs

N.Y. Mut. U. Tei. st'k
N. Y. L. & W. 2d, 5 p. c.
guar, by D. L. &
N.Y.W.Sh.&Buff.— Stk
del.wh.is8.on old sub
any subs
10
W.S. reo'pts iss. by N.

R. Const. Co
9U
58
North Pac. div. bonds. 79»8
No.RIv.Const.— lOop.c 16
N. Y. Penn. & Ohio—
Atl. & Gt. W. com
Ohio
Kiv. Div. let 30
Incomes
41%
Pensac. & Atl
1st mort
66

Istmort. inc
Califoruia Pacific

Chica.

Bid. Asked,

<t Neb., 2d
Pao. old scrip

&St. L
M. & A. Div. a8. pd
M. A A. Div., Ist
U. 8. Elee. Light
90
Vicksb'g & Meridian . 3

32

T. X.

130

—

January

THE CHRONICLK

18£4.

i'i,

Juu

K

A

I I.

It

OA

l>

c

3

1

r>»

m cnts
Netcurnlngii ...
Per crntoroper. expeuuLsto

I

NTE L

I. I

(,!

E

IV

CE

The iNVBaroRa' Supplbmbnt oontairu a complete exhibit of the

DiM of Status and Cities and of the Stocks and Bonds
of Railroads and other Companies. It is piMished on the
last Saturdai/ of eoery other month viz., February, April,
June, Attgust, October and December, and is furnished ivithout extra charge to all regular srib.ioribers of the Chroniclb.
Single copies are sold at %lper copy.
Fttniltid

—

Netfitruinff«

nishurscmcnta
U4.nlaUpaid
Inicrc^toudifbt

18 2-«ld.
2.235.(107

H.1'92

60-77

vai'iilnKN ...

IN<-O.MI'.

.

IAS 1-83.
2.141,1)18

ACCOiniT.

1811-82.
2 I41.9|8

—

l««2-83.
2.238,907

»

ip

272,227
170,000

423.351
10 '.485
38,882

Utlicr interest

Total
BalMiHW. HUrplns

Dividend chnigoA

ANNUAL REPORTS.

442,227

652.718

1,699.601

I.S'-S.ISO

,

3,550,000

1,.'J50,000

QKNEItAL IIAfJlNCB AT

CIX>8F.

OP EACH

FIHCAI.

YEAR.

ldRI-82.

New York New Haven &

IlitrtrortI

(For the year ending Sept.

Railroad.

RiiiliMiid, linildlngg,
K(Hilliiii.nt

30, 1883.)

&c

1882-83.

12,880,584

12,987,359

2,1.51,4.55

2,4i4,3i!«

560,275
128,688
35,', 188
347.802
220.997
1,170.570
1,136,287
15,810

(Htato

865.275
128,088Accounts
ri'ielviiblo
issued.
The
just
President
328.301
The report of this
Mntciiiils, fuel, cSto
572.883
"
in
miles
is
increase
run
somethe percentage of
remarks that
Cash on li;uul
976.308
what greater than in passengers or tons carried. This is owing Loans, stocks and bills leceivable
083,210
the
facilities
afforded
that
we
are
adding
to
our
Sinking fund
fact
to the
l,l»4.257
Miscollaneoiis
items
75,791
This
adding
to
our
business.
than
are
fact
faster
they
patrons
also explains why the gross receipts are less in proportion than
Total
18,976,656
20,516,458
the increase either of miles run or of passengers and tons carLiabUUies—
9
ried, and why the proportionate increase in expenses is materi15..'i 00,000
15,5t0,000
The mileage and Stock
ally larger than it is in the gross receipts.
Fiiudod debt (see Suppi.EMENr)
2,00>.000
gross receipts of the Air Line Division (as well as of the Shore Bills payable
514 762
2.000
.592,917
561,323
Line Division), for this year, are included in the statement. Aocounti payable
236,989
189.019
This needs to be taken into account in making these compari- Coutiiigeut account
I'rotit and loss
2,17«.9.j8
2,213,146
sons with the corresponding items in the report for the year
ending Sept. 30, 1883, as we were not running the Air Line at
18,976,656
20,516,4.58
Total Uabilltles
that time. The Air Line has not been, for the past year, a
source of profit to our company. Con.^iderable money has been
expended in getting 4t into good repair; several hundred tons
of new steel rails have been laid, and in some other respects the
expenses have been extraordinary. It is reasonably believed
Brooklyn Elevated (BrirfT) Koad A meeting of the bondthat the coming year will show better results." * * *
"Of the five million dollars your Board was authorized, in holders of the Brooklyn E'evated Riilwav was held in the St.
May last, to borrow on the credit of the company, two millions Nicholas Hotel, at which Mr. Huifo Rothschild presid.-d. The
have been already borrowed, and four per cent bonds for that meeting was called to see if the sum of $400,000 could not be
amount, with twenty years to run from June 1, 1883, and raised among the bondholders to build the mad from Fulton
secured by a mortgage on your main line, have been issued ferry to Bedford Avenue. After much di.scu8.sion over financial
therefore. These bonds were so disposed of as to yield a pre- plans presented, Mr. Uhlman moved that a committee of five be
mium of $47,971." * * * "A part of the two millions bor appointed to report a scheme of reorganization at a meeting to
rowed, to-wit, about five hnndred and twelve thousand dollars, be called next Wednesday. The motion to appoint the comhave been used to pay off a balance of the indebtedness f this mittee was carried, and Mr. Rothschild, Fred Uhlman, Leon
company incurred by the purchase of the securities of the Hart- Mandel, Abram J. Hardenbergh and Leonard Lewisohn were
ford & Conn. Valley Railroad Company. About $300,000 have appointed as such committee.
been applied in payment for new pa.s.senger cars, new engines,
Canadian Pacillc. An offlcial circular issued by the Presinew bridges, ic, charged in this report to construction and dent, Mr. George Stephen, contains the following
equipment. Abuut .$350,000 have been used in paying for addi" During the year 1883 the company built 6 '3 mile« of ra'lwa.v. oontional lands at Harlem River, New Haven, Wallinjf ford and else- sisting of 35'< miles of nisiu line »nd 140 miles of hraneh llne.s. On the
where. About $ti0,000 have been expended for additional rights western ilivision 377 miles of rails h ive he«n lidd, completing lUo traok
of way, &c., in carrying forward the improvements of the road tothesniumltof tboRouky Mount lin Pa^s—'iiO miles west of Winnipeg
a gap of less tlmi tIir?o hundred niilos to compleie the coiiuecsuggested in the report of last year. The balance is still on hand, leaving
tion with the Pacific Ocean, and thei-o is every reason to ex ect that
to be expended in the further prosecution of said improvements, Ibis cxnueetion will be com leled within th-< next two ye ire. On the
and is included in the Treasnr-<r's cash balance as reported for opening of naviiratiou next sea.soii the comp mv will have its own ste^l
tnis y,»ar on the Clyde expressly for the lake, tralBo,
the year. These improvements have not progressed as rapidly steanishiiis, built
ready to run between Lake Huron and rhuudcr Bay on Lake 8 iperior.
as was anticipated, for the reason that the acquisition of the A new thriiugh lino of its own will thus be opened, carrying freiaht and
necessary additional lands has been, unavoidably on our part, passengers from Montreal to all points in the newly-<ipeued country lor
attended with a good deal of delay. It is hoped, however, that a ccaillnuoiis distance of 1,100 luiles west of Poit Arthur. On the section of he line north of Lake Superior 167 miles of track have been laid
before the close of the year 1884 we shall have some additional during this year, and within the next few weeks 54 mil,-8 more will bo
track laid and in service.
adilcd. making a ! tal on that section cf 221 ird!es, loaviug 430 miles yet
'•
The item of damages paid during the current year is larger to he built in order to complete the through all-i.ail coiuiection between
Montreal and the Nortliwest pniviuces. There are at the present lime
than usual, for the reason that this company has paid one- over
9.000 men at work upon this section, which it is fully expected will
third of the damages growing out of the accident in the Tunnel be complete<l iind rea'iy fitr opcratiiui before the cluse of the year lSo5.
near Eighty-eighth Street, New York City. The employes, * * * * The survey." of the gap be' wmui the completed portions
the eastern aud the western divlMons have been c(«iipleted, as well
through whose omission of dutjr it is claimed this accident oc- of
as the surveys a ross the Rocky ai;d Selkirk mountains. I'he work has
curred, were, it is also claimed, joint employes of the three rail- in both cases been found much easier than was aiiMeip.ited, and the
roads nsing the tracks through the tunnel.
assumed this directors feel now tbut they may safely state that the entire lino will be
proportion of these damages provisionally, in order to expedite completed within the original estimates of co-t.
that the cost of fluisbing the lino will not
•' It las been ascertained
the settlement of the claims, though we are not without hope exceed twen' v-seveu milliim dollirs, l>arely the amount of the cash sub.
that we may yet be relieved from this payment, or at least some sidy and laud grant bouds unsold and remuiuiug iu the bauds of the
Government.
part of it."
Tlio gross earnings for 1893 (estimating December) w«re... $3,420,913
Comparative statistics for two years, compiled in the usual Tills
includes for the transportation of cougtruction materiform for the Chbohiclb, are as follows, including all leased
als and supplies
1,274,030
The actual revenue from ordinary trafflc was therefore In
lines :
4,116.913
1883
_
KOAO AND EQUIPMENT.
As against In 1882
2.449,824
Ri'iil

Diick.s

company

and wharves

is

GENERAL INVESTMENT NEWS.
—

•

—

:

I

We

1881-82.

186'2-83.

Miles leaded and controlled

141
62

141
116

Total operated
LocoinotivcH
Pascengcr, mall and express ears

203
105
3 10

Mllesowaed

Freightcars

2.153

Including lea«cd cars.
OPBIIATIONS AND FISCAL RESULTS.
Operationf—
1881-82.
Pasaengers en riled
6,397,385
Passenger mileage
135,261.407
Freight (toiiH) moved
1,908,322
JYelght (t<mK) Hiiliage
117,459 231

'

a.S?

'122
*375
"2,417

*

Earnings—

!0

Pii«8cn(r«r

'

2,160,023
lai.O.'il.TOS

$
3,749.473

Ac

Total gross earnings

5.937,808

6,729,'t74

3,531,4.50

4,197,207

Mail. cxpri;8.f, rent»,

Operating oxponsea

Taxes
Total

,

I9,"ll.

year
196.:iH0,<)29

2.50I,«i.^

478,278

264,440

296,260

3,795,890

4,493,407

$1,697,089

November 30th have been

Considering Uie adverseTlrcnmstances uiider which this re.«ult ha*
been obtain.-d, and in view of the extratirdinary oevel"pnient aLd
I'apid settlement of the Northwest during the past year and of tlie fact
that <m the opening of nav'gation, the company will hav.-, as already
stated, a through line of its own from Mmitreal to the summit of the

Rocky
1882-8?.
7,079.168

3,393,514
2,065,855
478,437

FrelKht

Increase In 1833
The net earnings for the 9 months ending

.Mountains, a

may

fairly

still

irreatcr increase in the earuings of the

coming

be looked for."

—A

press dispatch from
Chicago Pekiii & Son! h western.
Chicago, III.. Jan. 5, said " In the foreclosure case of the
Farmers' Loan & Trust Company, against the Chicago tekin &
Southwestern Railroad, Judge Druromond to-dav entered an
order directing the master in chancery to make a deed of conveyance of the defendant road to the new corporation, the
Chicago St. Louis & Western Railroad. The road was sold
under th« foreclosure of the second mortccage, two years ago,
He never Uiok out a
to F. E. Hinckley, for about $900,000
deed, aud now, having assigned bis interests to the above corporation, the deed is made to it direct."
:

:

THE CHRONICLE

60

IVoL.

XXXVUI.

increased to $37,500,000 by July. Reckoning the interest from
Cincinnati Washington & Baltimore.—The following
January, the total first charges would be practically the same
year
fiscal
the
for
road
this
of
earnings
statement of the net
in other words, the company is
as the net revenue above
ine
pubhshed.
been
previously
not
has
ending June 30, 1883,
expected to pay its way in 1884 by the aid of the subsidy.
company
present
the
and
months,
six
reported
for
old company
New Orleans & Paciflc—In the U. S. Senate, Jan. 10, the
after January 1, 1883.
following preamble and resolution was agreed to.
MAKIETTA k CIXCI.NXATI RR.— KECEIVER'S KEI'OKT—SIX MONTHS.
Whcreus, It is clHinicd liy the New Orleans & Paeiflc Railroad Com¥1,101.510
Earnings July 1 to December 31, 1882
pany that, inasmuch as the Attorney-General has decided iu favor of
aiji,i.xj
Operating expenses
BHid ronipauy as to lauds demanded by them, and the Secretary of the
luteriorhas felt coil.-traincd to act upon and accept siiid opinion, and
Net earnings
*/?a'?a?
said company also claim that Congress has no further coutrol or authorii>>,^>i'
Eentspald
ity over said lands or the demands of said company therefore
;

;

$110,016

Netineome

CIXI.ISXATI WASIIIXOTOX & BALTIMORE.— SIX MONTHS.
Gross earnings ending June 30, 1883,
*^l?'n^I
Opi rating expenses
___lZ

Net earnings
Eents paid

^^Z?-?£o

di.nd

!til47,330

Net Income
Total net income year ending Jiine 30, 1883

$257,348

& Ohio River.— The

subsaribers to the Corbin plan of reorganization for the Danville Olney & Ohio River
Railroad Company met in Boston Jan. 9, and formally adopted
the plai presented. This plan provides for a foreclosure, sale
and purchase in the interest of the first mortgage bond and
The new company will issue 75 per cent of
certificate holders.
income bonds for the present mortgage bonds and 25 per cent
in stock, and also stock at par for all accrued interest. The
amount of income bonds will, therefore, be $651,750. It is provided that the issue of stock shall not exceed $1,500,000. New
first mortgage 30-3'ear 6 per cent bonds will be issued, not exceeding $500,000, for the purpose of paying off all existing claims and
putting the road into good condition.

DauYille Olney

Eastern Shore Md.— The Pennsylvania Railroad Company
has purchased the Eastern Shore Railroad at a price approximating .'^450,000. The Eastern Shore road runs from Delmar,
Del., to Crisfield, Md., a distance of 38 miles.
Iron and Steel Production In 18S3.— Secretary Svrank of
the American Iron & Steel Assnoiation, estimates last year's
production of pig-iron at 4,623,323 tons. The consumption of
pig-iron has been about 4,948,323 tons. The year was commenced with 383.635 gross tons of domestic pig-iron unsold.
There were imported during the year 325,000 gross tons, all of
which has gone into consumption. Adding the estimated production of 4,623,323 gross tons to the estimated importation,
and taking no acoouot of the balanced stock at the baginning
ind end of the year, the total, 4,948,323— the year's consumption is found to be the result. The production of steel rails
in 1883 has fallen oflf below that of 1882. There were also made,
The total
probably, 100,000 tons less iron rails than in 1882
rail tonnage of 1882 was 1,507,887 gross tons, of which 203,495
The total
tons were iron rails and 1,304,392 tons steel rails.
rail production for 1883 has been probably 1,300,000 gross tons,
of which 1,200,000 tons were steel rails. Our imports of steel
rails for 1883 have been about 100,000 gross tons, as against
200,000 tons in 1882. In round numbers our consumption of
rails in 1883 has been 300.000 tons less than in 18s2.

—

—

Lehigli Valley. Stockholders are notified that they will be
entitled to subscribe for additional stock at par in the proportion of one share for every five shares standing to their credit
at the closing of the books on January 8, payable ir. five installments of ten dollars each, the first payment to be made between
the 16th day of January and the 15th day of February, 1884,
after which date no subscriptions will be received. The subsequent installments will be due and payable during the months
of April, July and October, 1884, and January, 1885, but
they may be anticipated at any installment period. The
object of this increase of capital, which amounts in all to
$5,526,639, is to pay for important construction that has taken
place, to complete other work that is in progress, and to provide better terminal facilities in Buffalo, as well as to reimburse
the company for about $1,300,000 of consolidated mortgage
sterling bonds that have been paid off.

Memphis

—

( ity Debt.
The Funding Board, which has been
the settlement of the debt of the old city of Memphis, publish a report showing that of the estimated debt of
$5,500,000 they have funded $3,500,000, of which $350,000 were
judgments. 'I'he time for funding expires on January 31.
Recently a number of the largest creditors came in under the
provisions of the Funding Act, of whom two were plaintiffs in
test case.s which were appealed to the United States Supreme
Court, and the funding by the.se parties dismisses their suits
and forces otheis who do not fund prior to January 31 to seven
years' litigation to reach the same position before the courts
now abandoned by these parties. Two payments of interest on
the new bonds have already been made, and provisioa for
future interest has been made by the State Legislature,
Mexican Central.— The directors of the Mexican Central
Railroad Company have called the last 10 per cent upon the
No. 4 subscription, payable January 15, at which time the flr.st
two bonds upon the No. 4 blocks will be delivered. At the
game time the bond premium promised subscribers will be
delivered.
The No. 4 subscription was for $7,600,000 in bonds.
The Boston Herald says "Fiiends of the property figure the
net earnings for 1883 on 861 miles of road at $1,000,000, and
place the subsidy for the year at $1,100,000. The estimated
net earnings on 1,215 miles in 1884 are $1,500,000, and the
subsidy the same as this year, making the total net revenue
$3,600,000. The bonds issued are $29,000,000, and will be

engaged

in

:

'Jiesoh-ed. That the Secretary of the Interior be requested to suspend
action in issuing certitlca'es or patents for said lands to said corporation until Congress at this session shall detenu ue the questions involved
in the claim of said coiporaiion.

New Yorli & New England.— A meeting of the directors of
the New York & New England Railroad was held at the company's office in Boston on January 7, and twelve members were
present.
Mr. C. P. Clark, receiver, presented his resignation as
president, and Mr. Eustace C. Fitz was chosen in his stead.
The following resolutions were unanimously adopted
Kenolred, That in view of existing facts, it is th^ unanimous opinion
of the board that immediate .anplication be made te the legisl.atures ot
the States of Massachusetts, Connecticut and Rhode Island for leave to
issue the present unissued second mortgage bonds of the company for
other purpose for which the company may legally incur a debt and that
to enable the said application to be nnnle, and while the same is pending,
the purpose of paving the floating debt of the company, and for any
a'ld arrangements are in iirogress for negotiating said bonds, it is desir:

;

able that the existiug receivership be continued in force.
Tfeso/rcrf, That in the opinion of this board it may be re.isonably expei-tcd that the proposed measures be taken and the credit of tte corporation re-esticblislied and the receivership terminated within four

months from

this dale.

was also voted that Messrs. Fitz, Higginson, French, Metcalf and Kingsbury be a committee of the board to present and
urge the needful measures before the legislatures of the several
It

States.
It was also voted that in the opinion of the board the welfare
of the property demanded the immediate -completion of the
double track to Willimantic, and measuies to insure its completion early in the spiing should be taken.
It was also the opinion of the board that the floating debt
should be paid at once through the receivership, if the consent
of the court can be obtained, and pending legislative consent
to the use of the second mortgage bonds for the purpose. It is
said that arrangements are in progress which will result in th&
money being forthcoming.
" The reI'he Boston Tranii<;ript gave the following item
port that the New York & New England Railroad Company is indebted to Messrs. Gould and Vanderbilt for money advanced, is
Neither of them carried a dollar of the company's floating
false.
indebtedness. Mr. Gould bought his first stock in the New
He then had conYork & New England Railroad at 65.
trol of the Hartford & Harlem charter, had the money to
build that line into New York all sub.scribed, aud intended
thereby to connect the New York & New England with his elevated railroad system in New York for terminal grounds.
Hard times forced the abandonment of the Hartford & Harlem
subscriptions, and when N. Y. & N. E stock declined to 20, Mr.
Gould sent Mr. Connor to Boston, and while Mr. Connor's
paper in Boston was attacking New York & New England, Connor was buying for Mr. Gould to average. Upon the recent
boom to 37, Mr. Gould sold out entirely, and then resigned
fnm the directory. When asked a few days ago to advance,
with others, money for the purchase of the January coupons,
he declined, said the effort to raise any money fur the company
was useless, and advised a receivership for the protection of the
Meanwhile the Hartford & Harlem charter has
property.
come into the hands of the Boston parties now managing the
New York & New England, and there are those who believe,
possibly without any reason, that it has some relation to Mr.
Ciark's coming from the New Haven road to the New York &
New England. Some of the New York Elevated Railroad
people remain in the New York & New Eigland directory, and
assisted in the raising of the $330,000 to buy the January
coupons. It is now proposed to go to the legislatures and ask permis.-ion to use the second mortgage bonds to pay off" the" floating debt of the company. Consent from the present holders of
the second mortgage must also be obtained."

—

:

New York Stock Exehangre.—The Governors of the Stock
Excbaoge have added to the list of securities to be dealt in at
the Board the following
Gulf Colorado & Santa Fe Railroad. An additional $384,000 first mortgage bonds, issued upon thirty-two additional

—

luiles

of completed road.

R.\ilway.— An additional
$14,750,000 of first mortgage 5 per cent gold bonds due Jiily 1,
1931.
This addition completes the full issue of $50,000,000 of
bonds, which are absolutely a first lien on the company's main
line of roadway from Weehawken to Buffalo and its blanches,
upon which upwards of $55,000,000 already has been expended.
The line is double-tracked, except about 78 miles, on its whole
main line.. This company leases jointly witli the N'-w York
Ontario & Western, the terminal property at Weehawken, upon
which there is a lien of $12,000,000.
CiiioAQO Milwaukee & St. Paul Railway.
An additional
$1,300,000 of first mortgage 5 per cent bonds on Wisconsin &
Jliunesota divi.sion, at |2(l,000 per mile.
St Paul Min^jeapolis & Manitoba Raii way. An additional
$1,402,000 of consolidated 6 per cent bonds, due July 1, 1933.
Ork«on & TransCoijtinent.\l Company.
An additional
$2,000,000 first mortgage trust bonds, due November 1,1923.
The additional issue is secured by deposit with the Farmers*

New York West Shore & Buffalo

—

—
—

n

'V-'

j,..nii ,v

mile of

:

:

:

THE CnRONm.E

iS34,|

mpanjrof bonds at the rate of $20,000 per
followiug railroad companies

inwi
file

Jtllm.
IIS .t Illiiolt

K,.

llilU

UK. Co

|ll?,0l10
a.oiM)

ii'l

O-l

KK.r.i
» UK. O.

l,i.

340

0:)J.OnO
H.TI.OKJ

S'J-SS

rtU.C.i
Muuiitiilii liU. Cn. of Moutatin

Kai-i.'.. >V(S,Hiilitt,...i.iii

Rooky

30-OS

100

T.ital;i.l(litlmmlml'fiv.:0

to

I'l:

Im!

61

iiii ill's on Bi-eond Mortgage
iismd, say six months, on
I',

l>on<l«,

8,000,000

DIvldMiid ('crlilli-ates, 1 year's Interest on
Riiiials dun N. P. T nnliial Co., snv 12
miir;th's lntere»t on *:J,lOO,000. Nor. Pnc.
propiiitlim, to per cent
Gcicral lulcrcHl Chargoa— Ledger Accounts..

4,UU',s'21

;

BnfT.ilo— North Hirer Constrntrfollowing directors of the N>rth Kiver C mstruction Coinnanv were elected at the annu^il m.'eting .lanuarv 8
Kdwsrd V. Winslow, Conrad N Jordan. Michael P. Orace. Cieo.
W. Nevers, Charl. s Bard, Howard MmsHeld, Walter Katte,
Charles Freeman Smith and Thomas W. Lillie. The three lastnamed are new members of the board, taking the places of
William Anams, E. I). Adams and G-eorgeS. Jones. Th vote
at the meeting was not a large one, but it was unanimons in
favor of the new ticket.
The cfliivrs of th^ West Shore Railroad said to a Tribune
repoiter that they had not yet arranged the conditions of a new
mortgiige, which probably would soon be placed on the property.
Directors were elected by the shareholders of the N. Y.
West Shore & Buffalo Railroad Cjmpany as follows: Horace
Porter, Geo. M. Pullman. H. Victor Newiomb, John J. MeCook, Charles F. Woerishoffer, Frederick Billings, EJward D.
Adams. .lohn W. Ellis, Theodore Houston. Henry K. McHarg,
Elmer L. Cortheli of New York, Peter B. McLennan of Syracuse,
John I!. Kerr of Newburg. The retiring members of the old
board were Henry Villard, Charles Lanier, Charles Paine and
R. T. Wilson.

Ne« York West Shore *
To.— The

:

73.000
233,2.'.l
ii3,(

82,341

"At

a former meeting of the Board of Directors yoa were
advised as to the arrangement entered into with the Trans-Continental .Association, which embraces all lines engaged in overland
transportation, by which P.irtland, O.'egon and .S4u Francisco
were made common points, this company receiving a pi-oportion
of the San Francisco business iu exchange for a proportion of the
Poriland business. This plan was more or lessexperimf-ntal, in
order to determine what 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
division of territory would be more equitable to all concerned."
—The Northern Pacific land sales for six months ending Deo.
81 were as follows.
AereH,
Ammivt. Town Lotjt. Total A'mK
July

1 to

•

—

90,003
2i8,t4U

1,SCO,000

(li:),UOO

$^000,000

J

Tews & New Ohi-baxa Rmcroad— First morlga!r« 7 p.-r p«ot
bonds, due Aiiifust 1, 1905,11.020,000; first morti,'a,'e Hibiim
Divimon, t5 per cent bonds, du-t September 1, 1912, $-J.n76,and when iLe rules relative to engraved u-^rtiliiiates are
t)00
complied with the capital stock of iJo.OOU.OOO in shares of $100
each.
tlon

.\ 1.1

I

J:ui

:

:

Dec. 31. 1883.
••
••
ISSi.

231, 1H8

$1,207,323

*0t,(i:i8

$l,273,i»C4

351.097

l,313.<i.>0

i»3,0.'i3

1,411,703

$106,324 $31415

$137,738

Total decrease, 1833..

72,899

Ohio fsntral.— At Toledo, O., .Ian 7, in the United States
Circuit Court, Judg^ Welker presiding, John E Martin was
appointed receiver of the main line of the Ohio Central Railroad Company to Corning. Mr. Martin was already receiver of
the River Division of the road from Corning to Charleston, Va.

Oregon Uaihv.iy & NaTlijatioi Company.— The directors
company have voted to reduce the annual dividend for
1384 from 10 to 8 per c^nt. The first quarterly dividend of 3
per cent has been ofBcially dec'ared, and will be paid February
1.
The books will close .January 1-3 and reopen February 2.
The Oregon Railway & Navigation <-ompany is about to issue 5
per cent mortgage bonds to the extent <if $20,000 a mile on
Norlheru P.icillp. At the meeting of directors on Jan. 4 both finished and contemplated road. The entire issue will
the resignatiim of Mr. Villard as president was accepted, but, amount to about $14,280,000; the completed road being now
not his re^ignation a.s a director of the companv; and a special 569 miles, and the proposed extensions 145 miles, making 714
committtje was appointed, consiiting of Messrs. Morgan, Billings, miles. The funds raised by the new loan will be applied as
Cheney, Belmont, Harris and Bullitt, to consider what 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 118,000.000 second
the Oregon & Trans-Continental Company's bonds issued on
mortgaee b inds and other cash assets, specilically applicable the Palouse Branch will be replaced. When this shall have
to the licjuidation 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,ft91, 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 onstruction and reduced from about |13, 000,000 to $10,000,000.
equipment amounts to $4,015,831, showing a surplus of
Oregon & Trans-Conttnentnl.—The new management, to proIn addition to this the company has on hand in
?1, 156. 157.
vide for the settlement of the 11 )ating debt of the company, has
cash the special fund applicable to the payment of interest on
for one year on the pledge of
of this

—

:

;

announced a loan of $8,000,000
91,500 shares of Northern Pacific preferred. 91, .500 .shares of
Pacific common and 91.500 shares of Oregon Railway &
A report was made by Vice-Presiden"; Oakes, a synopsis of Northern
The securities are to be deposited with
Naviffatian Co stocks.
which is as follows
the Farmers' Loan & Trust Company, which will issue its trust
T !)(»» to ^nbtiiit ihc result of my recent tour of inspection over the
he loan. It is understood
receipts to those agreeing to take
main line anil hninilics. My liispectio of tlioroidwas miiile entir.ly
amount, $2,500,0i>0, has been taken in Boston,
liy d.iylitflit. ciinsiiiiiiiiK in al! uiarly three wockr' time.
With the ex- that of the whole
No
ception of tlio 100 inili-H of rimd last completed wist of ll»*leiia. the road- $2,000,000 in Philadelphia and $3,500,000 in this city.
bed aiiil track wer-- tomid in tlrst-dass order. Tlie 100 miles refiMTcd to stock bonus will be given, but at the end of the year a cash
its

general

amounting

first

mortgage bonds, due

oii

the 1st of July next,

to $1,300,000.
:

i

i

be l>allasti'd Willi travel to put iX' in proper conriition for
econoniiial operation. I'liis ean liedone with an e.\|ieuditureof .$^u.0;)0.
Willi li I liiive made provision for iu the estimate of oiieiatiug expenses
herewitii fiirui>hi'd.
The eiiulpm-nt, l)oih mitivo power and rolling atneV. l.i nisi in flrstclas.s Oider, with Ihi^ exception of some of the older en;?ine.s mid passenger and freight c irs. TJie estimated enst of putting tliese in order is as
follows: I-oloiu.. lives. .•fl7T.!)ll
froiu'ht
) asseiigor ears. ijilOS.O )ri
cars, .f l;t,<,4.).>
total, .•}!121.274. Tiie.sc amiuintg arc also included in my
C(>tinriteof ex| enses oinmeneiii!; wiih the 1st if March, altlinu.'n in
the event of tratlie pro\inji lii^hter than anticipated, a small expenditure
win answer. I ^hllllld say onc-liatf or even one third of this sum would
keep onr equipment in suDlcieutIv good order to meet the requirements
of the trallic lor tlio next six months.
The eainingHund exjienses of the iiiain Hue and braueliRS from June
30 to Ueceiulier ai, ^SiJ, inelusive (December being ostiiuatcd), are us
followh
Cross eaniinss
$15,633,983
Operating expen.seii, including
rentals and
taxes, improvemeuts and betterments to Oct.
31, IS^i
4,427,630
.$2,211,293
The estimated earnings and expenses for bal.anee of the fiscal year,
are as follows
tiross earulngs
iB7,O5O,O0O
Operating expenses, including rentals
d
taxes, lmp!oviiuii:ts and bettermeuts being
I
will refjuire to

;

;

;

i

»

Included Iu operating expenses

:

3,923,000

•

3,127.000

cnmmisaion of 5 per cent will be allosved It is reported that
the "regon Navigation stock was put in at a valuation of $50 a
share, the Northern Pacific preferred s'ook »t $30 a shv^i and
the Northern Pacific coram m stock at $10 a share. The syndicate which is to advance the money has the privilege of buj'ing
45.2.50 shares of each of the stocks named at 25 for Northern
Pacific common, 50 for the pnrferred and 100 for Oregon Navigation, the proceeds to be applied in liquidation of the loan. It
must, however, buy all three of the stocks named at the prices
Treasurer White said that the privilege was lifiaited to
stated.
the period between July 1 and Nov. 1 of this year.
The remarkable advantages given by this opti in for operations in the several stocks were commented upon among brokers.'
Philadelphia & Re.iding.-T-The gross receipts from the P.
& R. railroads, canals, steam eolliere and coal barges in November
were $2,486,095 and the net receipts f 1,410,021. The gross receipts of the Philadelphia & Reading Coal & Iron Co. in
November were $1,756,584 and net $393,204. The total receipU
of both comoaniea together (not including Central of New Jersey, leased) for each month of the fiscal years ending in 1882
and 1883, and the totals for each year, have been as follows
.

5,333,^93
Interest charges for entire fiscal year, as per following esti-

mate

3,SS2,3tl

Burplug
$1,4,5,'<,9.52
E.mM.\TEI) INTERKST Oli\Bl,KS KOH F SCAl, YK.VR, ENDINU JUSK 30, 1384.
General First Mortgage bonds outstanding
Die. 31. lSi3
$38,928,000
Interest forsanie for yeareudinir JuneSO, 1833
2,335,680
Peiid d'Oreiilc Olvi.siou bonds outstanding
l>ec. 31. lsti3
3,315.000
latiMes; for year cndiiij .Time 30, 1H84
198,780
Mis.soHii Div. bonds out. Dec. 31, 1883.
2,353,400
IntviCii for year ending.Tune 30. 1881
111,501
.'^ii-.T.i .Mortgage bonds outstanding Dec. 31,
1--

14,33C,">00

:

7 months, say to June 30, 1884
for esliinaieson riiMieral First Mortgage
binids to be issued on new road, ready for

502,477

Till. I.,-:

Add

ucceptauce,

.say sli

moiiths, on

1,030,000

30,000

December. 1882.
January, 1833...
February

Orntt Hecetplt.
1831-82.
1882-33.
$2.80.'>,201

2,5,19,994

2,4.">1.466

2,169.005

August
S.ptembor

2,377,181
2,829,724
2,919,617
3,091,929
3,340,f87
3,386,000
4,147,802
4.024.120

October

4,2.^4.730

3,'-2l,730

November

4,242,080

3,914,541

March
April

May
June
July

-Xet ReeeipU.
1331-82.
1882-83.

.

$843,783
664,877
630,080
702,501
817,428

$3,231,677
2,.-.37,720

$937,542
646,913
433.656
655.440
708,304
780.574
844,176

2.699.706
2,878,009
3,017,933
3,44 J,790

]

3,.'-.!ll.20l

1.3Hl,4,'i4

1.1 71, 299

3,483,331

1,222.410
1.115.795
1,803,225

1,008.830

6.-)5.2!i0

735,914
,<

0.5.823

1.103.307
1.27 1. .500

1.407,085

$40,015,614 $37,300,159 $11.933. .=i86 $11,059,233
Totnlyear
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 that cotnpany is a
follows

1

:

—

THE CHRONICLE.

62
CENTRAI, RAILROAD OF

NEW

JEHSET.

June

receipts.

A'e( receipts.

licnlat.

to lessee.

$l,0l:;,634

f421,Si36

$26,413
80,3nl
239,081
93,087
71,143
124,407

Jnlv

1.03'2,»40

$451.;i49
^98.-^26

August

l,2.'i(5,S35
) ,17' ',29

691.124
6iO,738

1,150,^48
1,168.821

fiO.5,465

Bcpteinber

October

November

418.173
452,043
'.528,051

534,322
539,033

6SB,460

$633,482
*$2,897,178
$3,530,660
Totaie mos.- $6,7s)l,]G9
* In September and followinR months tlie rental includes tlie montbly
of N.-sw
Central
payable
on
proportion of 6 per ceut annuiil dividends
Jersey stock.

The following brief summary of the traffic and mining operations for the years endingNovember 30, 1882 and 1883, including
the Central of New Jersey froia June 1, 1883, is given in the
statement:
company's
^

1881-82.
8,429,925
7,490,382

of coal carried on railroad
of mciclianiiifecariied on railroad
Passengers cariied on railroad
Tons of coal carrl.d by stenm colliera
Tons of coiil mined by Coal Iron Co
Tons of coal mined l)y tenants

Tons
Tons

12,027,470
574,931
4,111,830
1,512,959

&

Total mined from lands owned and cortrolled
by Coal & Iron Co.. and fromleaseU'd estates.

And

1882-82.
11,449.373
8,416.787
18,195,26 4

531,403
4,582.667
1,191,464

5,624,789

6,074,131

$9.8-.9,064
1.'200,173

$14,547,479
921,772

$11,059,238

$15,469,251

$348,451
63,014

$27,499
55,909

the following income account

Total profltEailroad Co.
Total profit Coal & Iron Co
Total prolit both companies
be deducted for the KR. Co.

From this must

Debit balance renewal rund
State tax on capitHl stuck
All rentals

andfuU

interest*

on alioutstanddebt

/rom which deduct the interest on the bonds, $314,930,
and the amount paid for taxes, Ac, $42,981, which leaves a
surplus for the year of $152,375. The expense account includes

$510,286;
Profit

Oross

1883.

IVoi. XXXVIII.

$115,634 for betterments.

Southern Pacific Land Grant.— A special meeting 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 forfeiting the Texas Pacific territorial land grant now claimed by the
Southern Pacific Company as assignees. John T. Harris appeared for the company:, and asked for an extension of time,
and the time for hearing the attorneys was postponed until

Monday next.
Trunk Line Fool Iowa Pool — iStc. —There is unusual commotion among the railroad companies east and west over the adjustment of rates, and great irregularity seemh to prevail. The

—

situation is not calculated to inspire confidence. At the meeting of the Joint Executive CommHtee 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 bulkraeats, 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 Monday, 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 the West Shore & Buffalo road.

—
—

At Cleveland, Ohio, the granting in the Common Pleas
Court of a perpetual injunction against the Lake Shore &
1.126.943 Michigan Southern road, preventing the defendants making a
1.153,013
discrimination in freights in favor of the Standard Oil Company,
297
$13,312,018
$10,176
Total
has created unusual interest among oil men, and good lawyers
$882,941$2,157,233
Surplus of both companies
claim that the State Supreme Court will affirm theilecision.
.$108,626
7 per cent on preferred stock equals
Commissioner Fink has issued his order cutting of the Del.
1.990,972
6 per cent on common stock equals
Lack. & Western Railroad from its connections west of Buffalo.
$2,099,598 (Jfficers of the Lackawanna, however, appear not to be disturbed
Total
$57,031 by the order of Commissioner Fink. A friend of the company
Balance applicable to int. on deferred income bonds
* Includes full interest on entire amount of convertible loan, part of
said to a Tribune rejiorter the management did not anticipate
which has been funded.
any trouble in doing itii through business. "I do not think,"
The Philadelphia North American in commenting Jan. 5 he remarked, " that the Western railroads will obey the
Commissioner's orders. When it comes right down to the point
upon the above statement of PhilHdelphia & Reading said
"The surplus of J'2,157,233 above fixed charges is enough to they will not refuse the business that we may be able to offer
pay 7 per cent on the preferred stock and 6 per cent on the them. Perhaps I would better not mention names, but some of
common stock, and leave $57,634 applicable to the deferred the Western lines with which the Lackawanna has been doing
bonds. Mr. G.^wen, however, proposes to pay 21 per cent ac- business lately are not earning enough to pay their fixed
cumulated dividends on the preferred stock, amounting to charges and they are not refusing business, and in my opinion
$325,878, which will leave $1,831,335, yr about 5'4 per cent on they are not likely to reject anything that is offered to them.
the common stock. The clause in the income mortgage prohibit- I 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 busiwill be met, it is said, by means of the proposed 5 percent col- ne.s8 with connecting lines."
It is now currently reported that the amount
—In the Iowa pool nothing further has occurred and probably
lateral trust loan.
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 a-nsets, among which will be Chicago Burlington & Quincy will give an answer as to its
in oljligations, including floating

8,611,814

12,101,667

& Iron C
Fuilinieresi on all outstanding obligations
other than those held by the KR. Co

For the Coal

i.—

—

—

:

a

large block of Jersey Central, including the 50,000 shares
last summer at about 70, to take up which will require
The remaining $6,500,000 will
$3,500,000 of the proceeds.
•cover the entire amount of income sevens issued, including the
$4,000,000 pledged to secure adjustment scrip and the .^2,454,000 in the hands of investors, a total of $6,454,000. It seems
probable that the adjustment scrip may be redeemed directly
under this arrangement. Tae main thing, however, is that it
removes the obstacle to the payment of a dividend. It was
reported yesterday that the $10,000,000 loan had been negotiated, and it was generally thought that even if this rumor was
untrue, it could be negotiated at any time, considering the
character and amount of the security likely to be put in the
*
*
»
trust."

pledged

"The report that the company has $2,500,000 in the Manufacturers' National Bank, and the fact that in its $13,312,017
fixed charges given above are included the interest on the
convertibles although the last two and the next three coupons
on about $7,000,000 of these have been funded) show that the
company is in an excellent iiaancial condition."

determination. A dispatch from Chicago, III. says the statement to the effect that the Burlington road had agreed to close
the contract on the 17th instant to pool the competitive busiThe
ness, is denied by the Burlington road in Chicago.
,

company has been committed

to

no announced policy.

The

Burlington officials thus far have only listened to propositions,
with the exception that they have positively refused to join the
new western alliance or to sign the twenty-five years' compact.
At Chicago, January 10, the meeting of the Trans-Continental Association was of unusual interest and all the indicaThe resolution
tions were that it would speedily be broken up.
offered by the Union Pacific, extending the territory to Chicago,
and admitting the Rock Island, Burlington, Alton, St. Paul,
Wabash, Missouri Pacific and St. Louis & San Francisco roads
The Union Pacific called
to the association failed to pass.
attention to the fact that it had given notice of withdrawal
November 8, and it would therefore leave the association Febuary 6. 'The Commissioner stated that he has received a dispatch
from the General Manager of the Texas & Pacific, dated December 13, giving notice of withdrawal.

—

St. Joseph & Western.— Omaha advices state that suit has
Union Pacific— Oregon Short Line.—The Oregon Short
been brought in the United States Court by the General Attor- Line has been completed to Ontario. Or., 497 miles west of
ney of the Union Pacific Railway to secure the foreclosure of a Granger, Wy., and 30 miles west of Caldwell, recently the
first mortgage of $500,000 on the St. Joseph & Western road
operating terminus. Forty miles of track remain to be laid
and for the appointment of a receiver. This mortgage is before the line is finished. If the weather is at all 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 known 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 aciion 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 bu8ines.s, 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 William B. tmyth, of Keokukj line to FuUerton, 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, low*, 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 controversy between the stockholders had been
the Supreme Court in the case of Smith vs. Greenhow is consettled satisfactorily to the parties interested.
sidered very favorable to Virginia bond and coupon holders.
St. Louis Vandaliii * Torre Hante.— The annual meeting of As any taxpayer can appeal to the U. S. Circuit Court (Judge
this company was held at Greenville, III Jan 8. The gross Bond), which court has already decided it only 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, $a94,887. The rental from the lessees is his whole duty, his property will be protected by the court.

—

—

—

,

»

Januaut

THE cniioNrcLE

12, 1884.]

Friday Nioht. Jan.
Railwaj' trains

week a recurrence of

FiUDAY, P. M., Janoary 11, 1384.
o» tub Crop, as Indicated by our MefnumB
from the South to-night, is given below. For the week endin«(
Ibis evening (Jan. 11) the total rt-ceipts have reached 90,245
bales, against 140,612 bales last week, 201,886 bales theprevioa*
week and 247.733 bales three weeks since; making the total
receipts since the' 1st of September, 1883, 3,647,207 bales, against
3,861,841 bales for the same period of 1882-83, showing a
decrease since Sept«mber 1, 1883, of 214.634 bales.

The MovBMurr

•

this

II. 1884.

violent storms

West and North have been detained by deep

snow, and with a return of milder weather as the week cloaef
serious Hoods are threatened in the Ohio Valley. 8 me important 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 directions-

Large disbursements for interest this month undoubtedly
had a favorable influence, but much is also due to low prices of
staples and reduced expense accounts. The severe winter is 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 tife 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 simLard futures declined 10 points here and
ilar influence here.
February, 9-18®9-20c.;
closed weak; January, 916@9-18c.
March, 9-27@9 29c.; April, 9-37@939c.; May, 9-43@9*46c
Western prime on the spot closed at 9 20c. refined to the ConMess pork continued dull
tinent, 9'4.5c. South America, 9-75c.
and irregular at $14 50@$15 on the spot. Beef continued quiet
at |24@.^26 for city extra India mess. Beef hams steady at
|23 50@$24 for Western. Tallow sells fairly at 7%@7^4C. for
prime. Stearine remains about steady at 9Ji@9%c. for prime
and S%,e. for oleomargarine. Butter has latterly had a better
sale, and the best Elgin creameries are held at 41@42c. Cheese
remains Arm, and State September makes are quoted at 13M@
;

;

;

Beetipti at-

12M@l3Mc.

Sat.

Galveston
Indlanola, Ac.
Orleans...

New

Hon.

Wed.

Tuet.

Thurt.

tH.

TottU.

2.217

1,864

468

3.000

2,141

1,422

e,uo

9,009

7,105

7,501

112
5,275

786

1,211

2,978
192

325

379

62
278

911

1,601

1,197

1,740

731

1,254

754

Hobllfl

Plorlda

Savannah
Brnnnw'k, Ac.

...

CiarleBton
Ft. Royal, *c.
Wlliulugton

877

811

810

464

1,126

374

lOti

127

64

75

Moreli'dC&c

....

194
243

Norfolk
West Point, Ac
Sew York.'

1.473

1,817

2,392

995

1,159

1,140
1,604

177

2.459

625

Boston
Baltimore

1,148

365

1,197

1,920
1,043

635
917

t96
699

357

188

301

6

Philadelp'a, Ac.

Totals

;

13>^e.; October,

63

COTTON.

Ol^ommcrcial Simes^
COMMERCIAL EPITOMEr

She

Thert- bns been

.

tills

90

79

week 14.190 20.021

16.885i 14,734

9.9.S6

14,129

90.245

For companson, we give the f oUowins table showing the wee k's
total receipts,

the total since Sept.

1883,

1,

and the stock to-nigtt

and the same items for the corresponding periods of
1832-83.

1883-84.
Reeeiptt to

January

11.

Thi»
Week.

Since Sep.
1, 1883.

11,202

Galveston
lDdlanola,Ao.
Sew Orleans...

112

478,149
7,870

38,098 1,158,627

1,1882.

27,047
143
68,364
9,415

years.

Stock.

Since Sep.

Thit
Week.

last

551.722
14.113
990,945
229,546
9.962
604,229

1884

1883.

97,820 134,826
68
444.421 316,589
53,312 37,969

2,955 203,212
Rio coffee has been fairly active and tirmer, closing quiet at Mobile
26.007
Hi
Florida
278
firm
active,
but
closed
at
less
have
been
options
1236@12%;
104.721 100.970
Savannah
7,514 555,85e 12,797
10-90c. for January, 11 Oi)C. for February, liaSc. fo;- March,
6,52'J
Brunsw'k, Ac
5,308
ll'36e. for April andll40c. for May; mild grades have been firm CSharleston..
75,572 101,724
4,872 343.443 10.015 425,779
593
9,067
Ft. Royal, Ac.
301
11,115
1,690
406
and fairly active. Tea has been active on speculation at firm
2,591
93.716
940
78,895
7.398 17,370
Spices have Wilmington
prices; the trading has been mainly in Japan tea.
10,619
11,788
M'headCAc
243
%62
been firmer; pepper has advanced and the jobbing trade has Norfolk
8,976 449,313 17,348 536.3,=i0
51,929 75,104
Rice has been steady, with moderate sales. Foreign
increased.
West Point,Ac
163.723
2,861
155,933
1,604
with
some
and
steady,
active
New York ..
8,026
6.562
57,921
76,586 304,782 116,656
dried fruits have been moderetely
5.869
80,245
6,719
92,111
6,885
2,70»
reduction in the supply. Molasses has been steady but rather Boston
Baltimore ..
5
7,50:
13,363
5,987
25,110; 16,853
quiet. Raw sugar has sold slowly at declining prices; the sup
Phlladelp'a.Ao.
711
8,186
2,699
36,353
11,937
9,520
pilies are larger both in this country and in Europe than last
Total
90,245 3.647,2(i' 175,382 3,861.841 1,190,665 930.687
spot
but
steady
on
the
at
was
quiet
market
the
year; to-day
In order that comparison may be made witb other years, we
6%e. for fair refining Cuba, and there was a larger business for
give below the totals at leading ports tor six seasons.
future delivery at 6'07^c. for fair for June and 612}ic.toT
1884.
1883,
1882.
1881.
1830.
187».
July; refined has latterly advanced somewhat; to-day crushed Receipli at—
11,314
27,190
8,654
23,186
closed firm at S^@8%c., powdered at 8>g@8Mc.. granulated at Galvesl'n.Ao.
3,993
11,615
New Orleans. 38,098 68,364 29,533 30.505 40.700 25,165
7.^0. and standard " A " at 7 7-16@7^c.
.Mobile ....
2,955
9,415
3.933
8.628
12,741
15,240
In Kentucky tobacco there has been but a slight increase in
Savannah
7,514
12,79
12.173
20,276
18,154
19,576
business, but holders steadily maintain late prices; logs 7@8e.. Oharl'st'n.Ao
5,173
10,608
10,510
8.81S
10,905
15,511
Sales for the week 160 hhd8.,of which 56
leaf, 8Ji@ll^c.
yilin'gt'n, Ac
1,183
3,256
4,858
2,452
1,558
3,144
Norfolk,
in
the
trade
in
seedleaf
Ac.
10,580
improvement
20,209
21.203
3
8,474
14,303
were for export. A slight
13,45S
&11
others
13,428
23,543
25,696
15,513
21,935
9,904
can also be mentiontd, aggregating 1,150 eases, including 300
eases crop 1882, State Havana. 23@26c. 100 cases crop 1882. rot. this w'k.
90,245 175.382 114,868 129,604 129,489 113,613
;

Pennsylvania, ll®13c. 150 cases crop 1881, do., 9@12c.; 200 Since Sept. 1. 3047,207:3861,841 3500,411' 3694.438:3445.830 2953,995
ca.<ie8 crop 1882, Wisconsin Havana, 15@17c.; 300 eases crop
Qalveston includes Indlanola; Charleston includes Port Royal, Ac.
1882, New England, ll@20e., and 100 cases crop 1881, do., 9@ Wllrainitton includes Morehead City, Ac: Norfolk includes City Point. Ac
The exportu for the week ending this evening reach a totae
18c.; also 400 bales Havana 85c.@$l 15.
At one time during the week rosins received more attention of 166,510 bale.s. of which 117,671 were to Great Britain, 15,013 \o
from shippers and 3,000 bbls. strained and good strained were France and 33,826 to the rest of the Continent, while the stocks
sold at $1 52>^ ; to-day the range is $1 50®$! 55. Spirits tur- »s made up this evening are now 1,190,665 bales. Below are .a
pentine has become weak, and from a selling price of 36c. in exports for the week and since September 1. 1883.
yard it is now diffiuult to obtain 35J^c. Refined petroleum has
Wuk B)U«n« Jan. 11., From Stpt. 1. 1883. to Jan. 11. la .
been quiet, and shippers are less free with their bids of 9/6c
Exporttd to—
BxportMi to—
SxporU
for 70 test, though that pries is still quoted. Crude certifidates
CotlK- Total
ereat
0r<at
Ooiltihave been depressed by the free flowing of the new McKinney
France
Frame
IWu.
BrU'n.
nerU. Wuk. Britain.
MfU.
well, and to-day sales were made at $1 11%, though the closing
14,461
143.740 89.225
4.808
18.672
61.240 334.2
fl|gnres were $1 11%@$1 11%.
Ingot copper is steady at 14%(a ulalveBton
American pig iron is steady and a better trade t7ew Orleans. 56.531 5.131 14j:93 76.255 390.995 215,073 174,7«8 74t(,8<JS
15c. for Lake
3,125
3,12S
Mobile
20,448
200
20.64
is shortly anticipated
No. 1, .$20 50@$21. Steel rails, though
Jlorlil*
1.S00
1.500
less active, are lirm at $35 at the mills.
4.750
teTaooak ....
1,600
3.150
99,969 13.436
124,178 2ST,S,S3
In ocf^an freight room Jhe interest of the week has been cen- CharieatoD *...
S.'IOO
6,880
?,5S0
64.287 18,127
86.741
169,133
tred in the charter of four steamships to load refined petroleum WUmlnnton..
6,121
a.iai
42,033
8.82(1
45,852
to the United Kingdom and one with coal tar pitch from Phila- Sorfolkt
S.-I20
15.419
16l<,<-96
g.9»9
15,085
184.929
Berth ro^m has been overlooked, but to- Sew York ,.. 14,007 1,544 4.:o5 so.aae 205,923 24,70(1 e6J8W 286,917
delphia to Genoa.
6,60a
6.002
43,790
100
43.890
day improved to 354d. for^rain to Liverpool by steam; flour, Soston
O.flW
W.I08
UM 34.144 91.353
3.401
S.3SS
lis
3d.@123. 6d.; bacon, 20s.; cheese, 2.5s: cotton, 13-64® Biltlmore
;

;

quoted 4d.; do. to Glasgow
steam 3d.; do. to Amstercrude petroleum to Dunkirk.

7-32d.; gr,iin to London by steam
by steam 2J^d. ; do. to Antwerp by

dam and Rotterdam by steam 9c.
38. 3d.; refined do. to

;

London or Antwerp (by

prior to arrival) 3s i)^d.

vessels chartered

P'lUadelp'aUkc

38 DOS

3.481

3,431

8.045

117.671

15.UI3

3S.8«e 166.310 1.217,182 303,660

TotsllWS... IM.S"!!

I4K\S

8t.Pl-5

Total

•
f

WXMi BSSSJ

Inolndes exports from Port KovhI.Ao.
Inctudea azDorta from Weat Point. &c«

1

94l<.9?8

ilfiie

369.S82 3.117.424
6«S.«9»

140S9S7

•

—

«

•

'"^^-

THEICHRONICLE.

61

In addition to above exports, onr te,egram» to-nighi aJso give
US the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
are prepared for oar special use by Messrs. Carey, Yale &
Lambert. 89 Broad Street.
On Shipboard, not cleared—for
JA,V. 11

,

Leaving

AT—

Other
France. Foreign

Oreai
Britain.

Coast-

Galveston
Norfolk

New York

4,l;0l>

800

19.S99
None.
8,045
17,400
3,431
1,000
1,(00

Other porif

5.000

None.

600

None.
None.

5,800
5,010

361,921
38,312
62,777
68,121
58,337
27,143
298.982
47,508

Total 1883. 141,048

25,202

51,378

9,933

227,561

963.104

Mobile

Cnantston
Bavannnb

20.236
None.
1,000

700
2,166
None.

Thk Sales ahb Fbices of Fotubbs

are shown by the foUowcomprehensive table. In the statement will be tonnd the
daily market, the prices of sales for each month each day, »nd
the closine bids, in addition to the dailv and total sales.
f":?

Cfj

-)

0OD3.

%
1°

296

82,497

3,000

2l>,000

550

12,795

2.700
1,577
1,810

?(i.600

39,483
.^4,786

R'®

17,654
12.723

133,694
68,153

54.732
35.797

M

2.

-

d

E-

5!

P

ta '^ nt'.

qj3J^

gin
:e.'c-i

PS

'3

o

^A
i!

CD CC

H

I

»

r'f'

o

I

o

®

•

o
2=^<l =

r y^^O

^

-J<1
CI GO

^

I

;

COoO

^ii

cf.

O»

GO

vi<i

a

-1

cro

O O)

'%

SI

:

-^1

-j

a.

M—o—

60

OCoO

<

--1

ICC

—

9?

2
'^

®«:

I

*j

*-»

99

-

&io;

~ -1
d -1
^ o
O 0:

9909

oooo
coSo oco9
O
00

..'1

'T'7
icto

1
2
'^

MOuCcb

t»-

<

qdO^I

I

1

-2

c,

so:
OcjO

I

S a «

•

CO

5

00

5

2

^i<i
I

QC CO

C.03
K^C.

"^

I

GtJ

00

aicji;

I

5

cc.

o

F:=o:?
M

c.oi-

C9

Dulness and depression have been the leading features of the
spECulation in cotton for future delivery at this market for the
week under review, with not alittle 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. Late
telegrams and letters from the various sections of the cottongrowing region, liowever, 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
The foreign markets, though variable, have not destocks.

T^^J^S.

0.=

702,810
1,0 10 238

227.877
126,887

21.797
10,214

EC

00

'70:'

Total 1882
Total 1881

25 OEfDp.

0»T!9

'OoH

^i

s

42,066
17.000
3.200
15.K00
32,006
21,976

New Orleans

S^i[VoL. xxxviir.

iajT

Stock.

Total.

wise.

5

Sri:

I

COcO
-ixo-i

1

I
I

6i;-i|_^

?o9

io-i

-^

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
Leading operators for the rise have ceased to give the
values.
artificial support to the market which they felt it necessary to
extend to it (luring tlie large crop movement which was in

Saturday declined 5@6

December.

throughout

progress

On Monday, with

a considerable improvement in
Liverpool, there was a further decline with us. Renewed
buoyancy on Tuesday carried back piices to about the closing
figures of Friday; but on Wednesday and Thursday fresh deTo-day the market was dull and values
clines took place.
tmsettled, closing without much change for the day, with
January 2 points dearer than last Friday; but otherwise 4@6
points lower on the week for this crop, and 8@10 for the next.
Cotton on the .spot has been quiet all the week. The limited
demand has been mainly for home consumption. Stocks at
this market show a slight increase, but no difliculty is experienced in carrying them. To-day the market was quiet and
unchanged, middling uplands closing at lO'^c.
The total sales for forward delivery for the week are 400,300
For immediate delivery the total sales toot up this week
bales.
1,609 bales, including 7.5 for export, 1,534 for consumption,
points.

—

in transit. Of the above,
for speculation and
bales
were to arrive. The following are the oiBcial quotations for
each day of the past week.

UPLANDS.
Sat. moa Toes

8%

838

8l3l6
9»8

959

Orain'/.?ia>
Strict Ord..

Good Ord..

G'd Ord 10
Low Midd'g lOH

8tr.

•

838
81^10

S'^ii

9=8
10

10

10 14
IOI4
8tr.L'w.Mid 107ie 107,6 lO^ie
10=8
Middling... 10=8 105s
Good Mid.. lO's 1078 lO's
Btr.G'dMld 11
11
11
Midd'g Fair It's HI2 UI2
I2I4
1214
I214
Fair

Wed Tb.
Ordln'y.'pib
Strict Ord..

838
8I3l6

Good Ord..

9=8

G'd Ord 10
Low Midd'e IOI4
Btr.

Btr.L'wMJd 107,6
MlddUng... 105e

Good Mid..

10'8

G'd Mid 11
Midd'g Fail Ilia

Btr.

I?l4

B'olr

Fri.

8%

838

8l3l8
9=8

958

10
1014
107,8
1058
10-8

11
lllfi

12I4

8l-!i„

10

lOk
lO^i,

1058
10^8
11
III2
I2I4

8TAISED.
Good Ordinary
Strict Good Ordinary.

Low

NEW ORLBANB.
Sat. Mon Xaea
858
91 18

858
91,6

IOI4
1012

9 '8
IOI4
lOia

1011,,

1011-

lO's
lllg
11 14

10^8
It's
1114

11%

11%

1212

1219

858
»'l(l

9'e
IUI4
1012
1011,6
10^8

Wed Xb.

HI4
11%

11%

12>3

1212

Sat.

TEXAS.
Sat. mton.
8=8
O'le
9^8

10 '4
10 ia
1011,6
lO^g

im
1114

11%

11%
12%

11%

III4
12lg

Frl.

838
9' 18
9'l6
9'8
9'8
978
1014
lOH 1014
1012
lOia
lOHi
1011,6 1011,6 1011,6
10% lO's lO'e
Ills
Ills

'7'to

im
im

-^1
Or*.

811,6

938

IC*

Hon.

I>

8M,e
938
1014

93ij

1014

!''irin
I'iiiii

Tnea. Fli-m

Wed.

sicady

Thuie
Fri..

•!l(!ady

jteiidy

port,

tump.

12

217
247
340
249
289
192

ul'l'n

'.'.'.'.

sit.

Total.

229 81.000
247 55,900
340 71,900
249 70,100
352 69,900
192 48,300

w 2^
s.^j:

I

*-Om

|t,*-0*.

•-10

CO

WW o

>

;>

,-

::i::

"

*-rf^

wx
I

«1

I

a.-:

fti-^:

I

I

CO'
!

X

Ci

c"t

I

1

@:

©r:

10 10

•
I

tOOT
I

^?§?en
o;

O en

"^

*^

CCS

<9

QOS

—

*.*«

2
'^

I

&w:

I

».-:

-0?3

to

^1

:S

'^

km:

Hl--o^-'

0-r
CT. niOui
'7'7
rf^O

or c;

10 10

'

Oio

t3

tc^

I

?

ri

Oif>

O

I

d:

CCcO O

101],,,

ob X)

CIO,

-

cc
,•*

!?

o
o

9i 0=1

I

'

G>

99 ? 99 ?
~i-i
2

1212

I

Frl.

T.S
1.534
i.fion inn a-^rt 3. inn
....
Total
luc (uuij uifliverie- rIvbu aoovo aio aotumiy uouvwtJU uio uay
rt\ itub 10 1 1 »t on wliicli they are reported.

O ai

g.

SI

W

ilO'e

900
100
400
400
900
400

I

w

».

00

eriet.

«.=:

t:it.C

':'

Deliv

^

o ot '7TO'7
O'OI — ot
w c
w

a.

1$

00
o
I

to to

s

50 O 00

%\\

8'i,b 81 ht
938
938
IOI4
10 '4

Bala.

T

u

w

8)--=:

tOM

1^

'>

*10'

lim
!lil4
11% jH%

Tran-

1

»

>
10^1
Sin-:

Il2i9

1078
Ills
III4

Sll,,

W

ft.

cii :Jt
.-.

5

C 10

k..

1^

ffl

O-I

I

CK

I

="-1

m

c

<
I

I

1

I

I

I

I

s:

total sales

CLOSED.

.

i

i{^,bOco

<

ceo

oO

11%

MARKET AND SALES.
and future deliveries each day during tl e
week are indicated la the following statement. For the convenience of the reader we also add a column which shows at a
irlance how the market closed on same days.
BALES OF SPOT AND TRANSIT.
FUTUKISS,
SPOT HXBKET
Ex- Con- Bpec.

M

,.

§1

lOUjg

Xll.

^

I

WW®M
JOCO__GO_ 00

10"
1018
III4

lO'e

Wed

"

'TTOf

lOiiie

1011,,

1212

Cii

^r-Or-

1012

S'l6
978
IOI4
lOM)

12 12

(S

.1-1

»-,--lkJ

W

858
9'18
978
1014
_
101a

11%

'^

9).":

I

to

.^

'

cow

ffl

CTjO

8=8
9I16
9^8
1014

85e
S>ie
9 '8
I014
1013

11%

mon, Xaea

1^8

IH
1%
2^

*-

Xa< •

Frl.

11 14

1134
1212

91.6
9^8
014
0»9
Oi'ie
O's

1-3

c.

COW

I

.

lCI-5
:jy

It.

I

8

Middling...

The

*

^ il

2

icto

«15--'^
9ii:

"

l^eo Xli.

.Vll>.

MIddlinK

_

.i-=

to

e~M:

I

•

Jan. 5 to
Jan. 11.

Hat

cj,

I

I

I

I

I

I

I

I

' Iiii Indus Sallys ill Si'ptsiulier. 18p3, tor 8rti>'ei'il'er. "Wi200; Septeinbor-Oitobei', for Otrtolicr. :h38,000; 8eptHiiil)ei--Nnvciiil>er, for November,
agO.sOO; Septemliei- Dsceiuijer. tor Decomber, 88.1,500.
liavd includeil in tlio aliovti taijle, aud bIihH coniiniie eaoli
tS**
W(7ek to (five, tlio average price of tuturos each uay for eai^li iiioutli. It

Wb

be found under eai'li day followins the abhroviation " Aver." The
averaae for each mouth for the week i.s also {tiveii at liottoiu of table.
Transferable Orders— 8aturda.v, lOliSo ; Monday. lO/Oc; Tuesday,
10-75C.; Wednesd.ay, 10-75C.; Thursday, 10-70c.; b'riday. 10-70e.
Short Notices for Jaunary.-JIoudiiy, 10-07C.; Tuciidiiy, 10-GS<»10'69c.
will

The following exchanges have been matie daring the week:
•15 pil. to exch.
•32 pd. to exch.

500

Nfiir.

for April.

900 Feb. for Apni.
•Klpd. toexeh. 500 May foijiuio.
•29 pd. to exch. 7(0 Jan. lor Mar.
•29 pit. to exch. ll:0 ,\lar. for May.
•42 [id. to exch. 8 JO Jan. for April.
•15 pd, to exch. 2,000 Mar. for Apr.

31

pd. to"
pd. to
pii. to
•li' pd. to
14, pd. to
•32 pd. to

•l.^

IG

exch. ! 00 Feb. fur Api 11.
exch. 100 Mar. for April
exch. 200 Kcb.'for Mar.
esch. 100 Jan. for Feb.
exeh 100 Mar. for April.
exch. 200 Feb. for ApriU

^

January

Thb

c

ViaiuLB Supply o» Odtton to-nlKht, as

made up by cabin

as foUow.s. The C>>atiu»atal HCooks, an well a^
those for Great Hrlrain and the all )at, are this week's retarns.
aad consequently all the European tigares are brouffht down
But. to make the totals the eofttplote
to Thur.-tday ereainif.
figures for to-night (Jan. 11), we add the item of export.s from
the United States, iacludint; in it the exports of Friday only.
IMSIii.
1«H4.
I!!'-;!
IHSl
OltS.OOO
57i!,O00
bales. 69l!.OO0
4S7.OO0
Stock ftt Uverpool
54.000
80,000
10,700
31,000
atook Kt London
is

T'tlal OrAAt. Britain

Atook

750.000

770.000

2.800

•t.OOO

eo.ioo
48,000

15,400

.yoo
3.500
1.000

BCook nt HaiiiniirK
Btook at Hroiiion
B:ook ttt AiuHtHnlam

Btockat Kotturilitm
took at Antwerp
BCODk at Havre
Btook at MAr^Mllns
Btook at Rantelona
Block at (li'iioa

400

i.too

350.515
42,000

.

500
7l,00ii

21,70i>

5,700

5,500
4,000

3.500
2,00U

246.000

237,150

13SG10

00

819,950
1,071.700 1,025,900
Total Earopean stocks
97.000
133.000
ndla cotton afloat (or Europe. 109,000
525.000
27.000
Amer'i) cuttos afloat for Eiir'pe 571,000
45.000
52.000
02.000
Ettypt, Brazil, *(>.. ant for K'r'pe
03ii.(H7 1,137.125
Stock In Unitea Stales ports .. l.lOj.OOS
Bcook In U. S. interior towns.
United su tes exports to-day . .

1,(!80

3.\,000

0,1

323,700

2:;.(io

2,000
130.000
1.200

151.000
4.000
42,000

44.000
10,000
8.000

Total oenttnental Stocks...

3.400

800

U 5.000

Stock at rriesto

521,000
2.500

,.^00

012,700
2,200
42,700
11,000

1

1

5,500

657,610
2S.001'

339.ii69

3.)o,7fi:»

912,812
277 350

17,800

18.000

14.000

Amertcan—
235.000

American afloat

."71.000

for Europe....

1,190.605
Dnlted 8tat«8 stock
United States Interior stocks.. 35t;.d45
42.000
United States exports to-day..

Total American
£atl Indian, Braiil, <(e.—
Liverpool stock

912.812
277,356
14,000

390.783
18,000

7 3 (i .000

159.000
40,700
110.150
133.000
45.000

542.700

..

601,900

487,850

....

299,640

in sight
of 1882,
correo-

as com-

—

—

* —*

^

.

-1

3J

£?
SB

—

Q s i 55 * <? 75 ^ < 2 "^ 3 .« a sf a s o >•
=5--= ^S c Sir B = g =5

n l-S
e P
i
i. '^ i S

o

w

CD

<»

J?*

:

.".':.

:3;0="

H,.5°

v5o?'?
Oo-

:*:

CaW
F*-

Cn tS

B§

= 5

o

.

Ci

h- tc

-^1

3: U- K.

-1
-I

frST

M

MUtoos'OO'Oii-'
'^'-i --o.O'?&o

1

03CCC;*^W#-»O'-'C;tCn.*k(;*05OiC00CC»t.

CM

COM

Cl-lhO

OOOOr-QOWO

M

U CO c c u to
yt c; M w
cM
w

OD

© c; »

OD

(

-•

-i*

*-

c K Ci *- ^ co7o
W;j-COtc:
C M -J en K, ^ *• C
tj"

•

(t- »f-

CD o:
Cl tn

»--

coviM^'
XI cj

;

to 10

•

10 >8

10>«'<t)4

10*4
10><

10^

10 '4

rtoston

lOHi

10:1,

CharluHton

. .

Wlliulni;ton..

Baltimore.

..

Philadelphia.
Aiii^iiHta

ifoniphls ....
3t. I,f)lli8

Cincinnati

...

Louisville

liiiia

10»b3>s| 10^9l«
lOH
10^
9-'«3l0
IOI9
I0>6
10>e
10»9

to

roto
** -I

M ;;

M
'^

to
in

JOH
10^

1039 »>*

10

IOI4

10%

1038 <»>9

103b»19

'«

I0>s
10>a
10«ig

10 1«

10<

103s3>fl

10%

10\

10

10

10

10

10

103,g
103,,
lOig
10>«

10»,»
10«4
io>e
I0i«

103,g
10>4

103,g
10«|
lOH)
10>8

lOB.g
loie
lO's

10%

10 >8

10%

10%
lo^

Kboeipts from thb Plantatiohs.— The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more wgely one year
Chan 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 crop
which finally reaches the market through the ont-porta.
HEOBIPTS FROM PLANTATIONS.

y 1 '-S2.

8. ...

"
'

"

Dec

9
1*
23
30

....

7.,...

"

14

"
"

21..

Jan.
-

....

M

-

>-•

pw4- ptotoa.jp3iC>^i aDijc;iioto ccJ»b•
to to 6 c V'c Tc CO cs
*- 'c' cc to -^ "o
^1 ^ ^.
CI *- en M 10 — — X
-I w i- CI
'--1

pCO

H-W

^.^i^

i^

t'J
'-0

810.5 j7, 21 1. 788 232.S45 251,533
22J.2-5J 2-J6.623 241.821 290, 140
2a3,32;.! 232.25 ij 267.001 ,323,181
2i3,462!839,154,2»2.0w! 345,708

1.317

W-'SS. JP-'Sl.

238.9S8

»mO:6

i

286.881

.092 27t).731 2i3,893 298.H93 281.868

710 313.819 263.311 298.8U9 304.118
.123 343,l.2» 257.007 291.537

2T2.758

238,41') 213,169 232.510 387.0(iO

339.74 -i1833.570 |8i7,32l 238.388

222.170 253.037!222.18', 383,08<!!

700 374.581 21s. liW 271,822 8)7.001

l!8S.8)4

an.Ol'^l-WSl

415.5ei>|

211.578 282,0)5'2S1,16S 415,538

3-8.477 2hl.357 202,693 277.397

,.'176

,528 410,218' 27I,5IS [2*0. 167' 304.933
j
j

28

..

....

4

U

..

208.855 *58.170'2«r.T33 457.021
200.824 291, 9 >3 aoi.sse 483.8«e
152,42U 2i«,).97 140,8 '.2 453.85(lUSxS 175,33 H021"i 43i.0.5nl

128,577 218.343 1895,635 281.084
"85 ;422,310 810.1bh ,894.785 200,419
602 l228.7>-9 128,278
2> 3S»,S9s' 98.291 171.983 7i.l6»

,i)9:i

647, 407,1.741 139

—

The above statement shows

1. That the total receipts from the
plantations since September 1, 1883, were 3,9tt7.949 bales; in
1882-83 were 4,225,604 bales; in 1881-82 were 3,^90,035 bales.
2.
That, although the receipts at the out-porte tbe 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.
La-st 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

slirht

January 11

. .

now

in sight.

1882-83.

1881-82.

1880-31.

1,493,3^4 4,768.08614,313,545 4,366,913

m

Weather Reports by Telegraph. The weather has been
unusually severe at the South during the week. In seme districts the teinperamre has been lower than for a number of
years past, and snow and ice have'been the rule. In Arkansas and Tennessee the fall of snow wiis particularly heavy.
Galventon, Texas. It has rained on four days of the week,
the rainfall reaching si-tty-nine hunUredtlis of an iuoh.
have had killing frost on five nights, and ice formed on four,
during the week. The thermometer has ranged from 22 to
65, averaging 44,
Indianola, 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 readiing five hundredths of an inch. We have
had si.K killing frosts, and ice formed on four nights of the
week. The thermometer has averaged 34, the highest being
61 and the lowest 7.
New Orleans, Louisiana. It has rained on four days "of
the week, the rainfall reaching ninety-four hundredths of an
incii.
The thermometer has averaged 42.
Shreveport, Louisiana. Unusually cold weather prevailed
during the week. Two inches of slert and snow fell on the
morning of the seventh. The temperature has been oon: \ ler^

We

—

5-5

^'-'10 •-•>-• CO

^O"CCt0CS0>xa^i3O»^-'(»C0*rtOWC)tc;t
ccto-io>t03 — w:0'j'0^»3'**.co<ix3;

'<)8-'84. 'il-'SZ.

,

—

O©C0V"-bCC0t03i0iWl0C0#-X--i^XW
:«; c*i

Ml -V 2. 'i&-<A

—

if.

^ o A^o CO Vh c:^ ^

.-.

1

amounr, in slebt
be seen by the above that the dooreaw
as compared with last year. Is 275.322 bales, and that the
incrcHNc as compared with 1831-82 is 170,819 bales, and with 1880-81
is 126,451 bales.

-.

CO

1

-a?-' S. '.33-'31.

It will
to-nlKbt,

coioao='Cito<»-'-*-.o:o',o>-'

M

lOCO

St^k atlnterior Tnwne. Ree^pt^ from PlatU'na

RecelptB at the Ports.

Total tn

1^

1

X W' V to i*
C. C.
hC V U CO o;
rf-

*X!

k:

XXtOOCC'-QO

-vi
;jt

CO •

OX--«XOk

tO-sJJJI-.JJlCiO

00

-1

»co

>^Oi>-

w *• 10 -^ b'COiOWi'MC^
c c «o X - to

•-•(6-w*'MW-'
«{'

*fcO*^JtOt-'wi3CiOOO-l»-'*I*-tOCtO"»^

w
to

w

rf-

wM

bioD cot« *i wcofo'-

X

COtOtO«-'^CO'-<

»]

C."'

0< il- 00
to to
.» -£
CO
-I
CO >- ^1 iJ CO
Ot

0»

c;!

C0:£O-j't£

--I

'-'

lOifl

10»,g
10>9
lOie

10'4

lO'a
10«9
lO'a

Orleans.
Mobile

Tot, receipts from plantat'ns 3,987,919 4,225 604 3,890,0 ;5 3,965,150
yet overland to January 1
382,415 4l3.oa2 323,510 316,703
Southern cousumpc'u to Jan. 1
J23,0C0 ]3U,00>|
100,000
85,000

c;V
Vco — CO Vo^i lo'-- o»*-cio
OTc;»-co^coctO"-»-'»-#'A.C'3 0to — ®

c

W

106?

10S,4
K'Sis

Beceiptsat the ports to Jan. 1 1;3,617,207 3,801.841 3,500,410 3,694,433
Interior stocks on Jan. 11 In
excess of September 1
310,7121 363,76J
389,625 270,712

-

CO

eoricoatotowMccc;!

X

1"*1«

1883-84.

Q to W O O

O—

10B|,
105,»

give substantially the

•-lO

CJ

lOVi
10»i«
1019
JO'S
10>a
10>«
10>4

U

JO

v;iw»^ cc^csioo;s;-4
^ x-mIoco

CO

rri.

I014

AMorrsT of Cotton in Sioht Januabt 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

'

*>.Q0

ec 10

Tkuri.

1

At TH8 IsTSBioR Towss the movement that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and tne same items for th^ corresponding
period of 18S2-S3 is set out in detail in th'^followinff statement
—— >

Vedna.

davannab

Not.

3,397 9i0 3.209,056 3,098,758 2,707.811
Sl^isd.
dUigd.
ei'ied.
e's''.

flgnres indicate an increase in the cotton
to-night of 107,851 bales as compared with the same date
an increase of 299,152 bales as compared with the
ponding date of lti81 and an increase of 690,099 bales
pwed with 1880.

:

Taa.

New

"

The above

£•

Mon.

Norfolk

...

o»—

Satur.

IOI4
10»IB
lO's
lO'a
IOI3
lO'a
10>4

Halves ton

Oct. 28

€1,000 bales.

s, .-'

obosiMo qnoTATiom for Mtoouna oorros

Week ending

endinth-

importa into Continental ports this week have been

^ t-

towoa

QuoTATiorra for Miodliko Oottos at Otmbb Markith,— In
the table below we give the closing qaotatioas of middling
cotton at Southern and other priacipsl cotton markets for eacE
day of the past week.

Week

270.000
80.000
92,900
97.000
02,000

.2,855,210 2,598,150 2,610,908 2,108,171

Total visible supply
Price Mid. Upl., Liverpool

tW The

g.lO.OS? 1,137.125

17,800

239.000
51.000
88.700
109.000
52,000

..

Ao

30^.000
100,000

33S,'Jii9

and since September I the receipts at all the
are 80,'i,776 bales (eis than for the same time in 1882-83.

last year,

.2,855,210 2,593,156 2,010.908 2,408.171

London stock

Total East India,
Total Amerloan

413,000
127.000
525,000

429.000
151.000
727.000

4.57.000

Liverpool stock
Continental stocks

65

82.00(1
7:it}.000

3.31(7.910 3,200,050 3.098,758 2.707811
Total visible supply
Of the aliove.tbe totals of American and otoer desortpuona are as folio v> e:

Continental stocks
India afloat for Euroiie
Egypt, Brazil, Ac, afloat..

1

THE CHRONKM.R

13, 1884,J

And telegraph,

.

.

'

If

—

—

* This year':* nKur^M estiiu.tted.
Th-5 aoove totals snow that the old interior stocks have decreased daring the week 14,2.')t) bales, and are to-night lfi,876
bales more than at the same period last year. The receipts at
th« same towns have been 46,923 bales less than the same week

—

e

.

THE CHRONICLE.

66

ably higher the latter part of the week, with heavy rain on
the night of the 10th. The rainfall, including melted snow
and sleet, reacli one inch and ten hundredths. The thermometer has ranged from 10 to 64
VicksbuTf), Missisxippi.—lt h s rained on three days and
the remainder of the week has been cloudy. The rainfall
reached one inch and three hundredths. The weather has
been too cold. Ice formed in this vicinity on tliree nights of
the week. Average thermometer 24, highest 63 and lowest 10.
Meridian, Mississippi. The snow storm this week was of
wide extent and here was two inches deep. The weather ha^i
been colder than for many years past, the thermometer falling
to 8 above. To-day the weather is warmer and it is raining.
Columbus, Mississippi. It has rained on one day of the
week, the rainfall reaching one inch and twenty-five hunTwo inches of snow fell at this point during the
dredths.
week; the snow-storm extended over a wide surface.
Telegram not received.
Little Rook, Arkansas.
Pine Bluff. Arkansas.—Te\e^ra.m. not received.
Fort Smith, Arkansas.— V^e have had no rain during the
week, but on the sixth snow fell to the depth of four inches.
The thermometer has averaged 16, ranging from 4 below to 43.
Helena, Arkansas. "We have had six inches of snow
during the week. It has rained constantly on two days. Tlie
therm meter has averaged 38, the highest being .50 and the
lowest 4. Rainfall, including melted snow, two inches and
seventy-seven hundredths.
Monticello, Arkansas. It has rained on three days of the
weeK, and snow fell to the depth of five inches. Average
Last week we had
thermometer 21, highest 50 and lowest 3,
rain on three days. The thermometer ranged from 18 to 60.
Ice formed in this section during the week.
Memphis, Tennessee.— It has rained on four days of the
week, the rainfall reaching one inch and thirty-eight hunhave had the lowest temperature this week of
dredths.
which there is any official record. Snow fell to the depth of
nearly ten inches during the week. The thermometer has

—

mark

—

•

—

We

ranged from 3 below to 49, averaging 20.
Nashville, Tennessee. We have had rain on one day of the
week, the rainfall reaching forty-nine hundredths of an inch.
Snow fell here to the depth of seven inches. The thermometer
has averaged 18, ranging from 10 below to 51.
Mobile, Alabama. It has rained severely on one day, and
has been showery on four days of the week. The rainfall
reached two inches and seventy-eight hundredths. The thermometer has averaged 26, the highest being 58 and the low-

—

—

Montgomery, Alabama. It has rained on five days of the
week, the rainfall reaching one inch and eighteen hundredths.
The weather has been too cold. Oji 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-five hundredths.
The causes of the small receipts this week are the
bad roads and the extremely cold weather. The thermometer
has ranged from 7 to 46, averaging 25
Madison, Florida. Telegram not received.
Macon, (Jeorgia. It has rained on two days of the week.
We have had ice, snow and sleet during the week. The
thermometer has averaged 30, the highest being 55 and the

—

—

lowest

iO.

—

—

ing

37.

—

We

first give the Bombay statement for the week and year,
bringing the figures down to January 10.
UUMBAT RECEIPTS AND SHIPHBNTS FOB FOUR TEARS.

1884 11.000 8,000 19,000
18831 7,000 11,000 18,000
188223,000 6,000 29,000
1,000
1881 1,000

Columbia, South Carolina.
nights.

—

It has rained on one day of the
here during the week, and ice formed on six
The thermometer has ranged from 10 to 60, aver-

Snow

week.

fell

aging 34.
The following statement we have also received by telegraph,
sbowing the height of the rivers at the points named at 3 o'clock
January 10, 1884, and January 11, 1883.
Jan. 10,

'84.

Continent.

Britain.

Calcutta—
1884
1883

Kew

Orleans

'Memphis
Nashville

Shreveport
VloksburfT

New
Sept

Inch.

Feet.

4
24

10

10

4

9
11

4
3

H
13

39

4

14
17

Incli

7
3
10
a

Orleans reported below high-water mark of 1871 until
9, 1874, when the zero of gauge was changed to high-water

Jan. I.

47,000
29.000
28.000
23.000

77.000
56,000
62,000
39,000

Oreat
Britain.

Total.

1,000
3,500

Continent.

1.

Total.

1,000
3,500

3,000
8,500

3,000
8,500

1,000
1.000

1,000
1,000

Madias—
1884
1883
others—
1884
1883

500

.iOO

1,000

1,000

800

800

All

800

860

1,000

1,000

4,800
10,500

4,800
10,500

Total all-

1884
1883

2,300
4,500

2,300
4,500

The above totals for the week show that the movement from
the ports other than Bombay is 2,200 bales less than same
week last year. For the whole of India, therefore, the total shipments since January 1, 1884, and for the corresponding periods
of the two previous years, are as follows.
EXPORTS TO IIUROPE FROM ALL INDIA.
1883.

1884.

1882.

Shipments

Europe
from —

This
week.

to all

Bombay
All other poi-ts.

Total

This
week.

Sin4se

Jan.

1.

Jan.

Sinte

This
week.

Since
1.

Jan.

1.

19.000
2,300

42.000
4,800

18,000
4,500

26.000
10,500

29,000
4,000

46,000
12,800

21,300

46,800

22,500

36,500

33.000

58,800

This last statement affords a very interesting comparison of the
total movement for the three years at all India ports,

—

Alexandria Recbipts and Shipments. Through arrangements
we have made with Messrs. Davies, Benaehi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the coiresponding week
of the previooH two years.
Alexandria, Egypt,
Januarti 9.

1883-34.

100,000
1,726,000

90,000
2,142,000

IIO.COO
2,227,550

TAi«
Since
week.lSept. 1.
I

I

[

\

1

This
Since
week. Sept. 1.

12,000 154,000 13,000 13-i,000 10,000 141,000
6,000 68,0001 9,0(i0 41,0001 1 1,319 77.029

To Liverpool..
To Contiuent
'

1881-82

1882-83.

Thit
Since
week. Sept. 1.

18,000 222,000|!22,000 179,000 '21,319 218,029

Total Europe
A oaotar Is 98 lbs.

This statement .shows that the receipts for the week ending
Jan. 9 were 90,000 cantars and the shipments to all Europe
were 18,000 bales.

Manohestbr Markkt.

— Our

report received from Manchester

We
(-night states that the market is active, but not dearer.
give the prices of to-day below, and leave previous weeks'
prices for comparison.
t

1882-3.

1883-4.

32( Oop.
TwisC

Jan. 11. '"S,

Feel.

SiKee

Week.

Shipments since January

Shipments for the week.
Oreat

d.

Below Mgh-water mark
Above low-water mark.
Above low-water mark.
Above low-water mark.
Above low-water mark.

42.000
20.000
4U.OO0
13,000

ThU

The movement at Calcutta, Madras and other India ports
for the last reported week and since the Ist of January, for
" Other ports" cover Ceylon,
two years has been as follows.
Tuticorin. Kurnachee and Coconada.

Exports (bales)-

13.

Seeeiptt.

1.

Total.

24.000
13.000
16.000
7.000

I8.OO0!

13.000
30,000
6.000

1

—

—

Continent.

According to the foregoing, Bombay appears to show an
inc7-ease 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.

from

14 to 53.

Oreat
Britain

OonliTotal.
Brit'n. nent.

Augusta, Oeorgia. 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 the weather has moderated considerabl}'. The rainfall reached one inch and sixtynine hundredths. The thermometer has averaged 32, ranging
Atlanta, Georgia. It has rained on two days of the week,
the rainfall reaching seventy-five hundredths of an inch. We
have had snow. The thermometer has averaged 34, the high est being 48 and tlie lowest 1.
Charleston, South Carolina. We have had rain on three
days of the week, the rainfall reaching four inches and thirteen hundredths. Average thermometer 36, highest 60, lowest

Shipment' since Jan.

8hipmenl» thit week.
fear Oreat

Receipts loantars*)This week
Since Sept. 1

;

6-lOths of a foot above

is

—

—

Columbus, Georgia. We have had severe weather all the
week. The rainfall reached one inch and forty-two hundredths. Average thermometer 30, highest 48 and lowest 12
Savannah, Georgia. It has rained on four days of the
week, and the remainder of the week has been cloudy and
The rainfall reached two inches and forty-flve hun
c61d.
dredths. The thermometer has ranged from 18 to 56, avnrag-

which

16, 1874,

IWDU Cotton Movbmbht from all Poets. We have re-arranged
our India service so as to make our reports more detailed and
at the same time more accurate. We had found it impossible
to keep out of oar 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.

—

est 13,

and

above low-water mark at that point.

1871, or 16 feet

—

—

of April 15

[Vol. XXXVIll.

Nov. 9
••
16
" 23
" 30
Dec. 7
" 14
" 21
" 28
Jan. 4
•'

U

d

8lio® 9
S^io® 9

n 91a
a 918
® 9%
«9ie* 9
8»8 a 8''8
8% ® 878
8>s 3 9
8>s 9 9
8»e

8i>8

858

OoU'n

SHtbs.
Shirtings.
d.

6
6
7
7
7
8

8.

a7

)»«

5>sa0 \\H
7
7

®7
«7

11%
1

1

Iwist.

s

d

d

»7 l>s
»7 II3
»7 l>fl
®7 fs
37 •2H

5 "a 36

Mill

Upl

32« Oop.

d.

d.

5i6ie 93lB»

8H
d.

513i.i

5\

5i:>,«

515,

S's

«

8''rt

a

s.

(1.

9%'5 ll»a*7 6

Upld
A.

6l8
6i«

4ij

9i«6 3

®7
®7
®7

9
9

6^

3
3

'»7
317

5l»ig
5l6i»
51S,H

'»7

9
7>«
7's
71a
7

97

6

.ill

9>i6a 9i4;5 10
8^8 a 9156 3

G

Ootf
Mid.

lbs.

Shirtings.

O-s 6

8% 9 9%!b
8I3|na 97,e6
0% a 93e6
8°8 a 9'4!6

l's97
1

(S

5%
,511,8
i.^

...

.

Jandary

12,

1SP4.]

.

THE CHRONrCLH

The Socth Cabouna Aot aoaikbt " Fotukb Salbb "—In the
CtiRONKXBof Dec. 15 we Htated that the 8outh Carnlioa Senatu
has pasxed a bill declaring unlawful contracts for thenaleof
We give the act in full beloW
article!* for future delivery.
;

All Ai't todprliii'd unlawfiii ruiiii'uetii for Uid snlu of nrtU'lusi for fiitiiro
ill lu
ly luiulr under ncrtalii circiiuistuiiur.s iiiid to providu the rciuwly

movement
since

()7

The movement each month

for the years named.

September

1,

1883. has been as folbws.

Tear BtglnnitiB HepUmber

itmihly
Reeeiplt.

1.

1883

1882.

1879.

313.812

326,050
980,584

333,643
888,492
942,272
956,461

1878.

•

tii

Sept'inb'i

.su'-li iiu4<*h;

Skihon

^. TLnt evciy I'outruct, l>'ir«aiu or aKreomeiil, wliotlior veriiiiy future tlinool n c«rtl(l111 wrltluK, for tliesiilc or triiimferat
hiuul or other cvUU'ncc of doht duo from the United tjtntcs or
from an hidhldiuil Stiitc. or of stock or ii »liarc or iutero-,t lu
the Btoek, or of the boud^ of any bank, city, vilIaKO or iucoriioratlon of niiy kind whalsoovor Incorporated under any law of the
iTultcd Slates or of any Indivldiinl JState, or for the sale or transfer at
iMil

or

entff,

fiilnre tlnietif anv eottoii, »:r.iiii, moats, or any other aiitnial. iiititeral oi vegetalilo prodnet of any aud every kind, shaU bo void ui !e<8 the
party eontraetliiK. bai'Kaintni;, or BKreelUK to «ell or tranefer tlie same
I« at the time of iiiakinK sueh contract, bargain or ajiroeineiit the
owner or asslfrnu< thereof, or is at the time aiitliovi/ed Ijy

any

duly authorlz.ed axent
the owner or
or liU
asslKneu there:!
make and enter into such eontraet, bargain or aKroeinent for the sale
or transfer of sueh eertirteate, l»onit or othei evidence of debt. eotto:i,
jnain, meats, or iiiiiinali mineral or vegetable pivxliiet so contr.ieted for,
or unless it is Ilia bima Jlilc Intention of botli the parties to the said contract. liarjTiiiii or nKioempnt at the time of making the same, tliat the
said eertltieate. bond or otlier evidence of debt, cotton, jjiMln, iiiL^ats. or
otlier animal, mineral or ve^etalile product so agreed to ne sold or transferred shall be a(t;i:illy deliveicl lu kind by the party eo:iira;ainit to
»ell an I deliv>>r the same, and sliill \w actually reeoivcd lu kind by ili«
part}- eontraetiiiK to receive the same at the period in the future inoiitioueU andspeeltied in tlie said contract, bargain or agrcBmLuit for the
transfer ami delivery of the same.
Skc. i. In any'anil all actions brouglit lu any "court to enforce such con
tracts, bargains or n>^reements. or to collect an.v note or other evidence
of Indebtedness, or any claim or tloiuind whatever founded upou any
sueh contr.ii't. luricain or agreeiu'nt. the burden of proof shall be upon
the |>laliilitt' to establish that at the time of makin;i sicli contract, lari;i\Ai\ or a^'reement the party makin;; the same was the owner or assignee
of the certitleate. bond or other evidence of deltt. cotton, grain, meat, or
othttr animal, iirlneral or vegetable prtiduet so ai;reed to be sold and
transferred, or was at the lime authoriziMl by the owner or assii^uea
thereof, or hhi duly authorized agent, to make and enter into sueh eon,
I
.:et, barjrain or aKreeiueut, or that at the tiiue of mtkinu'
n li conir..cr. liargain or agreement it was the hnmt tide iuunlion <if both
parties thereto that said certificate, bond, or t»ther evidence of d-bt,
cotton, (crain. meats, or other animal, mineral or vegetable prod;ict so
,ii;reed to t)e sold and tran-foiTed, shouhl be actually ilelivered and rer'lvcd in kind by the said ;-.artie8 at the future period mentioned tht rein.
SKC. :(. Any persiui or persons so contracting, bargaining or agreeing
lor the sale or transfer of any of tlie afore.saUl commodities. i;i vi.)latlon
of the provisions of this act, who shall pay oviu- to any one or m:ire person or persons any sum or sums of money for «ud on account of a loss
sustalnetl by reason of sueh contracts, bargains or agr<;eini;iit. shall )jc
at liberty, within ihreo mouths next ensuing after .^ULdi pay lueut, to sue
and recover the amount so lost and jtaid. or any part thereof, from the
l>er8ou or persons to whom he or tliey shall have paid tlie same, with
costs of suit, by act Ion to he piosecuted in any court of compeicjt jurisdiction, and the oath of the loser that he has acually paid over the
money to the party against whom the action is brought shall lie
regardel as ;jri»m/<ii;i>,. establishing the case ag.iinst s;ich party; ami
any person who shall act as agent or middle man iu the making or execution of any sueh contract, or who shall accept or receive and forward
any inoinvs. drafts or bills of exchang.? in furtherance thereof, shall be
hplil liable in an actimi by the parly to recover the amount or value of
i1m 11
11. y so received, or the value of the draft or bill
of exchange so
M
1'
'1 or forwarded.
-1
i.
.Vny jierson or persons who, iij- virtue of the provi.sions herein
contained, elijll or ina.v be liable to be sued for the said moneys so paid
to him or them, sliall be obliged aud compellalilc to ansWi-r upon oath
such or<ler or orders as shall be made against hlni or them for diseovering the sum aud sums of nioue.v so paid to him or them .as aforesaid.
Skc.
All notes, bills, bonds, ludgments. or other securities or conveyauccs whatever, given, granted or entered into, or executed by any
person or persons whatsoever, where the whole or any part of the couslderation of such couvevancoi or seeunties shall be for an.y mone3' lost
by ro4sou of any contract entered Into in violatiou of the provisions of
tills act, shall be utterly void, frustrate aud of no effect to all iuteuts
and purposes n hatever.
to

1.016.092'

October-

Hovemb'r 1,030.380 l,0?4.6'7
Decemb'r; 1,05 ,633 1,112,536
Totalyear 3,179,937 3,1511,473

288,848
689,204
779,237
893,664

3,120 871 2,651013

P irc'taf^ of tot. port
9838

reoelpts Deo. 31..

C239

59-60

This statement shows that up to Dec. 31 the receipts at the
ports this year were 34,.5a6 bales lesi than in 1882 and
22'5,n.') 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.

'

.

'

This statement shows that the receipts since Sept. 1 up to
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
to the *ime day of the month in 1883.
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-night are

Thb PoLLOwma arb thb CI-koss RBCEipra of Cotton at New
fork, Boston, Philadelphia and Baltimore for the past week,
and since September

NEW

—The attention of

cotton mantitacturera is invited to the
card, on the last page of the Chronicle, of Messrs. Payne,
Viley_& Co., cotton commission merchants, at Louisville, Ky.
This fli'iii 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 business by giving special 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 vfill ship direct, a supply of all grades
of cotton adapted for spinners' wants, and, immediately on
the receipt of orders can ship to any point indicated.
The firm has secured the services of Mr. 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 specially
consult the wants of spinners and endeavor to fill orders to
their entire satisfaction.
The house is well known in Louisville
and has for its New York correspondents the United States
National Bank and Messrs. Latham, Alexander & Co.

Jute Binrs, BAtKiiNo, &c.— The market has been rather «iuiet
since our last, no inquiry being reported beyond jobbing orders
and these are light at the moment. Prices are unchanged,
dealers not bein^ willing to accept less than quoted figures for
the parcels moving, and the prices at the close are 9Mc. for 1^
lbs , 9Mc. for IM lbs. , 10%@lO>6c. for 2 lbs. and Ili^c. for standard grades. Butts are not active, only a few jobbing transactions
being reported. The feeling is rather firm, however, and sellers
are quoting 2 5-16@2%c. for paper grades and 2 9-16®2'4c. for
bagging quality.

OOMPAKATIVB PoRT RSOBIPTS AUD DaILT CBOP MoVBMBNT.—
comparison of the port movement by weeks is not accurate
as the weeks in different years do not end on the same day of
the month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative

BOSTON.

roBK.

RecHptt

from —

This
wefk.

.">.

A

1883:

1,

.

Xew

Orleans.

Texas
Bavannuh

«.344

TM«

Since
Sept.

MM*.

1.

PniI,AnEr.PH'A

Sinct
Sept.

!

Thu
week.

1.
1

Sept.

BALTIMORK.

ThU

Since

Sines

week.

1.

a.eiK)

135,417
135,131

4,7«0

127,633

3,388

4,781'

5,044
78.478

1,100

5,475!

6,165

»54'

n.SiftS

10.048

182,126
1.452
67,«21
1.604

923

35,783|

27,509

4.799
9,328

63,5511

392

6,718

.

.

:

Srpt.

1.

!

2,130l

40,980

£686

44,196

754
•1.385

12.396
18,868

1,096

68,608

3,086

7,007

10,S6«

Mobile
Florida

144:

So. Carolina.
No. Carolina..

Virginia

North'n ports
Tennesseo.&o
Foreign

This year.

.

Last year...

0,562

70

80,431

:

Se,408

742,064

19,935

218,400;

292

50,666

7.018

187,821

S6,801

715.016

21,100

240,416

5,330

Sl.llS

19,006

180,800

The Exports op Cotton from New fork this week show an
increase, as compared with last week, the tptal reaching 30,356
bales, against 14,792 bales last week.
Below we give our usual
table showing the exports of cotton from New York and their
direction, for each of the last four weeks ; also the total exports
and direction since September 1, 1883, and in the last oolamo
the total for the same period 61 the previous year
KiPOBTSOP COTTON (BALES) PROSf NUW YORK SINCE SEPT. 1. 1883.
Week auling—
Bxporled to—

Dee
20.

Liverpool

Other British ports

Dee.
27.

Jan.

Jan,

3.

10.

2,351

1,310

834

1,310

Bremen..;..

1.358

1,070
1,160
3,001

271
391

. .

Other porta.

Total TO North. Europe 2,023 5.540
Spain, Op'rto, Qlbralt'r.deo

other

Total Spain, Ac

c"

205,923l26l|c,<.

24,700

18,34*.

884^ 1,544

24,700

18,440

500

15,578 30.002
19,423 22,903
23,094f 38,3'.>2

100
2,331

SRANn Total

tcai

-I-

Total French

All

pet iod

P'tliUB

1,514

Other Frenob ports.

Hamburg

1.

12,368 15.724 10,762 12.945 183,868 25:'
303
66 1,062 17,055| «, r,

roTAL TO Qbeat BsrrAlN 12,363 16,027 10,828 14.007
Havre

Total
titue
Sept.

.

199

980,

750

l.COO

3,633

3,080: 4,582

61,095

91,227

331

123

2,967
2,232

3,442
4,234

408

1-23

5,199

6,676

74

17,1.10 22,877 14,792 20,256

296,917 377,391

—

:

.

THE CHRONICLE.

68

nnited
SHiPPiNa News.—The exports ot cotton from the
have reached
States the past week, as per latest mail returns,
concerned, these
145,093 bales. So far as the Southern ports are
published in
are the same exports reported by telegraph, and
York, we
the Chrokiclb last Friday. With regard to xVew
Thursday
Include the manifests of all vessels cleared up to
nisht of this week:

|VoL. XXXVIII.

Queen, steamer (Br.),— 2,293 biiles cotton had been salved up to Uooember 22 from the steamer Qieen (Br ), from Charleston via Newport
News for LiverpiKil, previously reported ash re on the Island of
Narsen. From the 22d to the 2fith but 66 bales had been salved,
the weather preventing salvors from working.
Cotton freights the past week have been as follows;
Hon.

Salur.

Wednes

Tue».

FH.

Thurs.

lolai balet

Liverpool, per sfeamers B"tajmi<% 1,345 ...
Mamtol a, 3.208
Giillia, 1.298....nolliein, 1.293....I.aliC
...I.akeWinuepeg,3,413....RepubUc, l,3u4... .Wyoming,

Uverpool, steam

NEW YOBK-To
To

Do
^^ ^^^
I'0u2

Hull, pc V'stcniiur Marengo. 1,002.

To Havre, per steamer Aineriqne 1,544
'loo
i^-'
To Bremen, per steamer Habsliurg. 199
'O"
^
To Hambm-iT, per steamer Kttala. ToO
-."»'
-.....--To Amsterdam, per steamer Eitani. 2,092.......^;.
146....\\e8ternl.in(J,
To Antwerp, per steamers De Kiiytcr,
,
1 fl05>
^>?'Ti
1,395
123
To Genoa, per steamer Alesia, 123
Alv.ali, 4.8b&....
steamers
per
Liverpool,
To
ORLEANSNEW
14,706
4.502
Kfmembrance,
2,700..
Archiincdes. 2,i;39.. Jiiana.
..per sbips
To Havre, per fteuuier Alexander Bixio, 4,200Alberto,
1,392
Cliarlcs, 5,238... .Scotia, :^,847....per barks
...liertha, 3,034.... Roma, 3,501.... Uinta Parenta, 1,802 13,031
To Bremen, per steamer Ixla, 5,100
To Barcelona, per steamer Jose Baro, 2,228..

........

...

sail

. .

To Havre, per balk Daamar, 850
To VeraCrnz, \vr sleaiuer Whitney, 504
WiLMiNOTOS—To Liverpiiol, per barks Eiragon, 1,628

— Hama,

2.3 18.... Maury, 1,8-57

To Amsterdam, per brig Hinnnnn Friedrich. l,12o
NuKFOLK—To Liverpool, per steamers Nedged, K,020

850
501
5,833
1,123

Tun-

16,147
per bark Hav GrefU. 4.89 i
2 S.'iO
West Point— To Livorpool, per bark Johann Liulwig, 2,850
4,731
4,731
Nrwi'ort Nbws-To Liverpool,
Baltimokk— To Liverpool, per steamers Hibenuan, 2,022
3,749
..J ake Nepigon, 1.72 T
Missouri,
Boston- To Liverpool, per steamers Istiian, 782
3,035
•
2 8.^3
2.0U0
PHILADELI'iliA— To Liverpool, per steamer Lord C'live, 2,0tj0
tall, 3,233

—

,

.115,093

Total.

m

"The particulars of these shipments, arranged

our

u.sual

form, are as follows:

38

38*

3b-

38-

V

V

—

la*

V

V

d.

*33*

«S3*

*32'

932-

».12'

»3a*

e.

....

....

sail

c

c.
Genoa, steam
steam ...c.
Antwerp, steam..*.
Compressea.

»8*

»8-

»8

»8>

«8*

»8'

V

38

Sa'

—

—

%®v %®v %aV
•

—

%®v %av

siiaV
^B-

=8

»e'

«8-

»8*

»8-

38*

38*

'B*^

—

LlVBRPoou By cable from Liverpojl, we have the following
jtatement of the week's sales, stocks. &c.. at that port. Wo
add previous weeks for comparison.

12,798

Latona. 1.818

—

i^sa-'ie*

Is*

.

Trieste,

—

38*

.38*

Barcelon a,Bteain .c.

3,989

....

^18*

....

e.

Reval, steam

Do

—

'16..^

sail., c

Do

'u*

"3a-''ie' "sa-^iB* l^32-'';6' 1332-''l6' '332-''l6

Amst'd'm, steam.c.

Chari-eston— To Liverpool, per iiarks Anna and Maria, 1,400 2,731
Upland. ..Vale. 1,292 Upland and 39 Sea Island ..........
Upland
Pavannah- To I.iveriiool. per steamer Harrogate, 6.014
11.227
per ship Vaniluara, 5,138 Upland
and 75 Sea Island
l,3i;0
To Havre, per bark Frida. l.SOO Upliinil
5,100
Upland
5,100
Cvdonia,
steamer
per
Sebastopoi.
To
per
snip
4.600
Galvkston— To Liverpool, per sto.amer Palm.
per barks August Leffler, 1,877
Ceylon. 3.0
Brilliant, 1,513

sail

Do

'16*

716*

c.

.c.

Hamburg, steam. c.

5,400
2,228

Liverpool, per barks Jedanesti Dnbrovaeki, 2,474

Ball

Do

^16*

c.

Bremen, steam,

.

Mobile— To

....

sail... (J.

Savre, steam

Do

032® 3 JQ* ^32®'l6' 3i6-Wei* 'ib-i^ei* 3l6-"34*

d. °32'»3i6*

Dec 21

Dec. 28

Jan.

—

Jan. 11

4,

bales.

71.000

Of which exporters took
Of which speculators took..

4 201

week

Sales of the

Sales

1

2 500

6 400
53,000
3,700
21,000
696,000
457,000
1 12.000
81,000
379,000
303.000

,624

50,0")*

American

•l.SO

Actual export

16,500
679. OOP

Forwarded
Total stock

81,000

-Estimated

443,000
129.00C

Of which American— Estim'd
import of the week...
Of whicn American
imuuntatloat
or whioh American

Total

87.001
354.001
279,001

The tone of the Liverpool market for spots and futures each
day of the week ending Jan. 11, and the daily closing prices
of spot cotton, have been as follows.

Bremen Amsler-

New

York.

Lixei poot.
Iii,9l5
14. TOO

€£•

burff.
i)49

23,y31

5,400

N. Orleans.
3.989
Mobile
2,7 31
Charleston.
Savannah.. 11.227
Calves' on.. 12,798
Wilmington 5,833
Norfolk... 16,147
West Point. 2.S50

Newport

Baltimore..

4.731
3.749

Boston

3. •135

Phlladelp'a

2,000

N.

Total... 97,311

Ham- dam

Hull. Havre,
1,002 1,5»4

Sebns- BarceIitpol,
lona.

2,228

Saturday Monday.
Tnti.l.

20,256
46.26S
3.989
2,731

l.WO

17.ii27

5,100

14,152

830

6.9.T8

1,125

16,147
2,850
4,731
3,749
3,635
2.000
1,062 27,028

6,319

Included in the above totals are, from

and from Galveston

rf-

Anlw^p.
3,633

to

Vera Cruz, ;04

4.758

5,100

New York to

2.228 14',093

Qenoa. 123 bales,

bjlcs.

Below we add the clearances this week of ve83el8 carryinff
flotton from United States ports, bringing our data down to the
latest mail dates:

GALVESTON— For Liverpool— Jan. 4— Bark Barraoouta,
Barks Njord. 1.473; Jennie Sweeney, 2,127.
For Havre - Jan. 5— Bark Speranza, 1,604. .Jan.

1,928

5—

Jan.

Market,

Firm.

12:30 P.M.
lid Upl'dB
tiiQ.Orl'iiB

51516

Sales
3peo.<feexp.

15,000
2,0C0

f uturei.
Market,
12:30P.M.

Market,
5 p.m.

7— Bark Madonna,

Clare,

Jan.

5,100; ship
.5— Steamers

Eurique, 4,000: Hfctor, 4,400; Statesman, 3,1 28... Jan. 7 —
Steamer CisteUo, 6,666. ...Jan. 8— Steamer Victoria, 5,833
Jan. 9— Steamer Uaug-'S. 5,750.
For Havre—Jan. 8-Bark Jiihn Watt, 3,750.
For Bremen— Jan. 7— Steamer Azalea, 4,800,
For Barcelona— Jan. 4— Bark Souvenir, 1,500
Jaa. 9— Steamer
Cristobal Cohm, l.Oi'S.
For Malaga— Jan. 7 -Steamer Pontlac, 3 508.
For Vera Cruz- Jan. 5— S eimer Uity of Mexico, 687.
MOBILE— For Livcriio )1— Jan. 9— Bark Juiio, 3,125.
Savannah— For Havro -Jan 8— Bark Uiis, 1.600.
For liarcelon —Fan. H— B irk Mary K. Campbell. 1,700.
For Genoa—Jan. 7— Bark Vlatur, 1.459.
Charleston— For Havre— Jan. 9— Bark Klverhof, 1,330.
Fo B ircelona— Jail. 1— Brig Int "gridad, 800
Wilmington- For Liverpool— Jan. 5— Ba k Sivah, 1,101
Jan. 7—
Steamer Woodslde, 5.0iO.
Norfolk- For Liverpool- Jun. 8— Bark Strathtay, 3,859
Jan. 9—
Steamer Kingdom, 0,1 10.
For Sebastopoi— Jan. .5 Stenner Colombo, 5,420.
Nkwi'OUT News- For Liveriiool- Jan. 4— Bark Auuie Burrill,
Boston— For Liverpool— Jan. 4— Steamers Bavarian, 2,031; Samaria,
947
Jan. 8— Sieam r Kansas,
Baltlmork— For Llvi rpool— Jan. 7— Steamer Caspian, 1,400.
PiliLADi-.i.i'HIA— For Liverpool— Jan 4 Steamer British I'rincess, 2,221

Wednc'

Steady.

Firm.

.

Thurad'y

Friday.

Steady.

Ilarden'g.

Firm.
515,,
6I9

51616

5>5l8
6>8

5i5ia
6i8

12.000
1,000

12.000

12,000

1,000

1,0)0

15.000
2,000

12.000
1,000

Quiet.

Firmer.

steady.

Firm.

Firm.

Firm.

Steady.

Firm.

Steady.

Firm.

Firm.

Firm

<Jl8

The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands. Low Middling clause, unless
otherwise stated.
Ihug: 5 62 meantb 62-64(f .,
^ff" The prices are given in pence and QUK».
and 6 03 means H 3-64d.

1,472.

New^ ORLEANS-For Liverpool— Jan. 4— Steamer
Nctiie Murphv, 4,460; bark Josip. 1,861

Tuesday.

Spot.

Mon,, Jan. 7.

Open! High L0W.\ClO8.

Op«n' High IjOW. CIOJ.

d.

a.

d.

d.

Jan.-Feb.... r,BO

3 80
5 53

5 60
6 68

3 60
5 62

Pob.-Maroh

SHil

Mar.-Apr. .-»
April-May..
May-.Iune
June-July..
July-Aug...
Aug.-Sept

B021 8 03 8 02 8 Oi

8oa
8 09
8 13
6 16

BOti
6 09
A 13

10

Hiflfl

Low.

d.

d.

d.

d.

5 5'.(
srrf

5 59
6 59
3 61
8 02
8 05

5 60

5 80

5 80

5UD

5

5 59

U07

6 05
6 08

8 03

8O1 618 8 07 BOX
811 6 12 611 6 12
8 15 615 8 15 8 15

8'J'i

5 80
5 62
6 03
8 03
6 08

6 18

8 14

6 14

8 14

eii

5 59
3 59

501
6 02
8 05

8 IS

d.

5
5
5
8
8

39
51,

62
0?
03

8 IS

56!
6 01
6li4

8 IS

5
5
8
6

59
61
00
03

611

661
8U2 6 HO
iiSi

....

....

....

....

....

Clot.
a.

6 18

—

...

6ept.-0ct...

Oct -Nov....
Kov.-Dec...

—

BOS 6 03
60^ 6 OS
612 612

818 6

Open

d.

(J.

January....

.

Toes., Jan. 8.

Sat., .Tan. 3.

....

Wednes., Jan. 9.

Thura.i Jan, 10.

Jan. 11.

Frl.,

.

1

Open HiQh Low.

.

—

Jan. 8-Steauier

Illinois, 1,200.

Below wa give all news received to date of disasters to vessels
carrying cotton from United States ports, &c.
liRITANNIC, steamer (Br,), at Now York, loaling for Llverpaol. About
150 bales cotton 1 ihe fore lioid of the steamship Britannic (Bi'.>,
loading at her wharf foot nf West Tenth Street, North River. Ni!w
York, was d soovered to be on tire at 11 A. M. January .. [u 1,'s.s
than one lumr and a half the tire was subdued, and ilie freeing of
the compartment from water ami discharge of *all the cargo
.theriin eontaiued was at once begun, and by 1 A. M. on the 5th
.all was got out, the eon partment Ulled with additional bales of cutton and at 10 A. M. the vessel was ready for sea, leaving at H:30,
and was out clean of the bar, Sandy Hm k, at l.';24 P. M,

January

—

d.

Jan.-Feb.... 5 60
Feb.-March 8 CO
6 01
April-May.. 6 07

Vtiy-June.. 810

1

A.

\ug.-8ept..
Sept.-Oot..

Oct .-Nov...

Nov.-Doc.

d.

5 80

S59 G60

8(jO

5 82
8 02
6 05

B04
8 07
8 10
13
17

«13 6
July- Aug... 617 6

7nT^«-July..

d.

Clot.

Open BIgh Low. ao$. Open
d.

d.

d.

d.

5 61

5fll

561

5 81

60
5 63
8 02

5 60 5U1

5 62
6 02

5 63
8 02

6ca
6oa BOB
8 13 613

608

6 17

8 17
.

..

....

....

....

...

....
....

6 00
6 03
8 07

5

d.

CTo».
d.

d.

d.

5 61
6 00

6.4

561

560

5 61

5 83

800

rt03

6 00
6 04
6 07
8 10
8 14

5 63

60i

6 03

6C6

8 14
6 07

8 10

010

614

6 14

8 17

6 17

eon

8 08

8 07

8 10

610

610

81» Oil
617 617

13

14

6 14

8 17

6 17

617 6

17

....

....

....

....

1

....1

8 10

6 10

Low.

Higtk

....
...

....

...

....

J

.

a

.

THE OHRONICLli

.TANUA1.T 13, 1881.

B

READSTU F FS.
18K4

1.

1

Flour has Hold very .slowly, and, the Hupply being large, prices

and

thin

The supply abroad, morBOver,

the trade of England, and

and

is

quite liberal,

active c jinpetitor with the United States for

now an

is

\Uh mills

it is

stated that the production of Br,g-

To-day the market here was dull

increased.

ha.s

BteHpUat-

Wheat has met with only a light demand

for export as a rale,

rumr.

1

I

Com.

friuat.

Aw.

Bartey.

Oott.

nuB.imiiif ntuh.eoibt Bu$h.seitu BuihJXiliit lixuh.4HlhM
an.r, 2
'17:i.isn
1,288.740
481 W5
113.525
ia.oi'i
ll'i.2(»
IISIO
«8.0i)0
80,070
I. OIK
S20,U03
170.900
U.MS
4+1

OhlCMO

UUwaakM..
Toledo

depressed.

still

The movemeot of breaditaffi) to market
ia the
tatementH below, prepared by n» from the (iKir-i ..i rhelTew
ITork Produce Bxcnange. We (IrHt give thi r'-c.'ipts at Western
Lake and River ports, arranged so as to present tU" c imparative movement for the week ending Jan. 5 and since Aag. 1
for each of the last three years:

the chief reason for the dulne.sa of the export trade,

i-4

llungary

69
i

FBtDAr. p. M.. Jan.

hav« declined.

..

Detroit
CleTeUnd....

l.TDT.

la-i.lTD

1,84.S

St. Ixrala....

18,201

16.980
8«,l«4

BOO

nsao

71.^87
81,620
341,775
1&4,173

10.203

11,633
2,o;i5

48.670

17.867
6.000

7.70O
7,600

10a,23S
05,140

Tot.wk.'84

136.002

1.1S7.357

2,0M.370

633.711

240.113

however, and not even the present low rates for ocean freight-

Siuue wk. 'SS

I9I.SflO

1,000.2.53

1,«2-I83fl

mtXiH

Seme wk.

131,198

574.272

1,2.'«,277

4»i,0l9

426.437
372,206

4.95f.B3B

Sl,708.1»7

54,057.881

32,5t2.0i!O

11.780,429

4,760.710

5t.8l7.873

85.J40,387

20.288.564

9.060.fl«5

a.Hi4.\6S

28,132,747

61,13:,fl75

10.837,532

8,104.038

room are

The

the foreign baying.

sufficient to stimulate

.specu-

moderate limits as a rule

lation has likewise been confined to

The most noteworthy occurrence

and prices have declined.

of

two days, which

in

something almost unprecedented.

is

The wheat was pronounced by the inspector-in-chief to be
warm and weevily. Some of it has been held in Brooklyn warehouses since the fall of 1882. The postings were on the 7th
and 8th instants

;

have been

since then only 12,503 bushels

degrade], somewhat to the relief of the trade.

It

claimed,

is

much larger quantity will have to take a lower
grade than that now assigned to it before miny months. The

84,680

'Si

1883
188)
1881

The comparative shipments
same porta from Deo.
four years,
Flotir.

show as

...bbls.

.

tTheat... ..bosh.

Com....

large nupplies, both here and in Europe, have also contribated

1882-83.

1881-82.

1880-81-

327,328

529,911

252,730

313,363

5.30,914

327,898
1,395,555
894.795
354,911

564.212

616,328
2.619,281
1,051.792

57.133

12S.337
73,210

3,361,493

1.918,950

3,114600

233871

Towards the

decline of ^c. to l^c.

The

during the week.

making the

f1

15M

howdver, the specutotal transactions

largest day's business

closing quotations for No. 2 red were

06%

tl 1-2M in elevator, $1

llM

close,

became more active and the

involved 8,184,000 bushels,

^l

n%

The winter wheat

now

is

supply in the different marts of the world, tends to depress
prices.

The weather has

Indian corn has been dull and declining.

much of

latterly been bad for drying the crop, and

although

it is

facts

it

arriving

have had their natural influence,

January "shorts"

also claimed that

have been depressing prices in order

in

to cover to batter

is

To-day the market

the slowness of the foreign trade.

was quiet and ^ to l^c. lower. The closing prices for No. 2
mixed were G6c. delivered, G3%a. for January, 6i%e. for February, e5Mc. for March aLd 66%c. for May.
Rye and barley have met with a moderate demand at about
steady prices, though the market closed qaiet and somewhat
depres-'ed, Oats have also been only moderately active and have
declined slightly. To-day No. 3 mixed sold at 40,'4C. for January. 40j8@41Mc. for February and i'i)i@i3%a. for May.

The following are

closing quotations

No. 2 Bpr1u)5...'p bbl. *2 00»
60
No. 2 winter
2 2j* -J 90
2 00a 3 3,5
Spring wheat extra*. 3 75ff ITS
MImi. clear and stra't 4 00
5 7.5
WiutflrHhliip'KeJitraB. 3 25 a 3 60
clear

doiitheru bakers' and
family liramls
4 25 aO
SoutU'n aklp'g extraa 3 50a 5

5

5 5<i»

23*

flour,

Com meal—
Buckwheat

85
j

/5

bush.
SprniK No. 2
Rfd winter, No. 2
Rtd winter

8prliif, per

95 Bl 18
1 04
s
10.i>a3l m.,

94
90

al 17%
ai 07

Co 11— Werit. mixed

11
51

w

West. mix. No. 2.
Wliitc Siiuihirn..

(>:<

Yellow .'iiiiii hern.
Western white...

64
60

1

1

66

®
a
a

9
a

3
3

00»
359

3 35
3 45

3

20»

3 40

*o

Brandywlnn. *o

00
i

^

flour,

lOd Ibi

OB«m.
Corn— West'n

Wnoat—

1883.

1882.

Week
J'.tn, 6.

Jrin. 7.

143,162

Jan. 8.
157.587

519.533
780,601
477,404
176,894
53,048

147,836

2ii6,747

bosh.

269.278
901.885

231. 27>!
1, 174,27-2'

336,6-i3

47S.7'28

116,523
32,907

201339
31.311

311,273
671,389
337.277
113.265
44,368

1,657,216

2,119,929

1.485, i72

„

Sye

Week

Week

bbla.

aats
Barley

1S81.

Weefc
Jiitt. 5.

rtye

— Western

Siati) A;

Yell.

Canada

Oat.i-Mixpd
WhltP
No. 2 mixed..

72
65
71

rail

it-',

and lake shipments from same ports for

six-rowed

Buukwbuat

a 72

a

a

4o>sa
41»»»

...

89
83
62

70
80

75
41
45
4r(»

a 90

a
a
a

9

2.030,183
last

foul

weeks were:
Week
enttina—
Jan.
5.
Deo. 29.
Dec. 22.
Dec. 15.

Flour,
baU.

Wneat,

Corn,

bu»h.
26:1,279

901,995

Barley,
bugk.

Rye,
bu»h.

471,-93

110.523
117.351
181,901
251,985

32,907
24,231
41.115
8^,677

3,929,320 1.520,192
4,651.883 1.806,368

670,760
761,673

187,930
139,249

Oalt,

bush.

147,880
179.112
229.514
257,656

29 1.9 U
378.879

9.52.2 »3
l.n80.9.)5

439.'J90

994,147

Tot.,4w. 813.498
4w'k«'83. 909,157

1.382,381
1,240,2J3

bush.

336.62 ;
315.174
39.3.2J2

The receipts of flour and grain at the seaboard ports for the
week ended Jan. 5 follow:
Flour,

AtNewYork

obis.
)8

125 5

....

Wheat,
bush.

Corn,
bush.

77,570
5.500
6,691
35.317
35,509
67,052

120,272
147,131
b3.691
85.599
60.500
97.476

238.183
707.913
294.396 1191,73; l,512,i55

290.437 125.750
498,160 77,250

21.898
18.538

19,.'^82

Philadelphia...

Baltimore
Orleans..

12,l(i7

7,341

Sew

Total week... 274,121
'83..

^a.

113,-239

66,8-)4

2 3.912
16.737

week

Barley,
b)uh:

17,338

Boston
Portland
Montreal

Cor.

Oati,

bush.

159,193 85.350
28,500 15,900
2,500
10.350
62.050 24,600
5.599
22,950

450
500
3,610

The total receipts at the same ports for the period from
Dec. 24, 1883, to Jan. 5, 1884, compare as foUowj for foni
years:
18S1-32.
lf!S0-91.
183.1-91.
1882-33.
^•JJ.173
400,0i2
54l,00S
.503,834
Flour
bble.
Wheat

bush.

.

Rye

471,657
l,510.i76
523.077
2JJ.750
80,752

Total gralt....

2,090,779
2,93».0rf9

911.9 i3
1,311.792

1602.032
2,16.1,293

8i0.7ol
17J.15
29,53 J

701.121
11,161

517,613
187.641
66,203

5,93J.33J

3,117.192

1.559,787

207,1*12

1

2,920.912

The exports from the several seaboard ports for week endiag
Jan. 5, 1884. are shown in the annexed statement:
KxporU
from —

Flour.

BhU.

a

4om

Bavle.r -No. 1 Canada
No. 2 Canada
State, two-rowed...

St

6t
7o
71
39

No. 2 whitfl

C6

Total

The

i

25
50
supertlne..3 30a 3 75

Western,

PatiutB. winter

While
White No.

Kye

and
4 00®

Uorn

tiarley

Cltyshlppln eextrasSSOOa 5 45

8ui>ertliic

8tiai«lit
PulMiilM, sprlnK

Waeat

Corn
Oats

:

FL/)UB.

Winter

Ploor

Chicago

advantage

The visible supply in this country has increased somewhat.
The most unfavorable feature of the market at present, however,

1884.

protected by a heavy

coveiing of snow and this fa^t, in ccajunction with the largo

These

3,684,935

shipments from Western lake and river

rail

ports for four years:

May and

for

for June. These prices are 2^e. to 3e. below those of a

has been poor.

101,776

for January, $1 09 for February,

for March, $1 13>^ for April, $1

week ago.

....

Below are the

•

1,4J2,772
745.2 It
3.J 1.203
91,600

To-day there was a moderate business at a

to the depression.

lative trading

follows:

652,097

Total gl aln

of flour and grain from the
to Jan. 5, 1884, inclusive, for

1,8.54,178

:.K»
Barley ..
Hye....

degrading has been to weaken prices, though the

24. 1833,

0,292.766
3,408,210
2,7fM,794

1893-94.

however, that a

effect of the

48,275

StnoeAug.l—

the week was the "posting" of 505,000 bushels of No. 3 red

wheat

I0.8M

1.500

Peoria.
Oalutti

...

SO.) 77

45008

though on one or two days the trade showed some Higns of
improvement. There is too much wheat in the foreign mirkets,

..

Bmh^SHUa

85
65
'O,

85

!iew York
Boat >n.
Port and

Wheat.

Oom.

Bush.

Bush.

105.167
20,I5&
19,103

29ri.<.3S

PhUidel..

i',»S7

17ii",3lt(

BaUlm'rc

15,35.-.

169,135

.

.VI

on

i;

8

1.-215

l->.8i5

40.879

6,691

8J,6l'4

0€Ut.

Buth.
a,650

Jive.

Bush.
46,423

Peai.
Btisk.

1.38»

25,450

real.

H.Orl'ns

rotUWk.

101,939

4I/V66

61079
31.502

198
663,951

>,379

s,6:o

46,4-23

26,830

800.367

1.8ft7

12,882

12.234

35

8'raiMme
18-13.

..

232.811 1,494.353

t

.

THE CHRONICLE.

TO

We

The destination of these exports is as below,
corresponding period of last year for comparison:

143 to Uruguay, 124 to Hayti, 117 to

week
to—

1383

1884.
Week,

far

Jan.

Week.
Jan. G.

5.

Bhlt.

Tibia.

170,220

Contin'nt

116.932
8,532

8.&0.Am

8,.iS4

W. Indies

12.8S4
14,219

13.806
29.^51

Do.King.

Total.

13.>13(5

1881.
Week.
Jan. o.

1883.
Week,
Jan. 6.

Bush.
492,583
171,365
6

C60.O28
806,827
20,000

1884.
Week,
Jan. 5.

1883.
Week,
Jan. 6.

Bush.
293,000
16,551
33,318
3,726

Bush.
767.797
21,402

though

Bufth.

1,66.>

5,473

•2,618

778

7,500

1,166

"i.OSti

161,939

232,814

663,954 1,494,353

350.379

800,367

By adding this week's movement to our previous totals we
have the following statem-:)nt of exports since September 1, this
season and last season.

to-

1382-83.

Sept. 1 tn

Sept. 1 (0

Jan.

Jan

Dn. Kingdom
Continent

& C.

8.

West

1383-84

Jan.

Sept. 1 to

Sept. 1 (0

Jan.

5.

Jan.

6.

5.

Bush.

Btuh.

Bus*.

2,t02.18S
150.784

2,533,150
293.531

10,905,228

20,219.774

12,184,'i60

. .

8,282,630

16,654,842

3,098.762

Am..

238,538

281,057

543

64,830

21,538

28.3 i5

8.010

7.806

15.154

15,093

600

192,945

402,518
172,075
79.468
107,201

3.099,628

3.779,375

17,228.547

37,188,612

16,134,370

807.503
288.868

Indies.

Brit. Col'nles

Otb. countr's
Total

sheetings

sheetings, denims, ducks,

reported

movement

etc.

better,

but some large

quiet),

were

and other colored

request, while there was a freer

price.

—exporters
—and wide

cottons, were in fair

and white

quilts

in

Prices have not materially changed save in the case of

goods.

wide sheetings and tickings upon certain makes of which slight
concessions were

mide by agents in order to meet the market.
demand and steady at last quota-

382,818
273,114

and there was an improved business

tions,
1883-S4,

1S82-83.

.^ep(. 1 (o

8.

Bble.

Bbls.

brown

in

having been attracted by the prevailing low

Corn,

Wheat.

IS8»«4,
5.

Bleached goods ruled

irregular.

transactions

trilie

Print cloths were in moderate

Flour.

SxporU since

Argentine Republic,

As above noted, the demand for cotton goods was a

4 942
659

Brit. Col's
Oth.c'nt's

1,

exports of cotton goods for

567 to Africa, 442 to United States of Colombia, 378 to China,

Corn.

Exporlf

Sevt.

—The

the week were 2,699 packages, Including 675 to Great Britain,

W^eat.

Flour.

Domestic Cotton Goods.

add the

XXXVm.

[Vol.

1882-83.

best standard

Sept. 1 to

Jim.

8

makes

of

Ginghams have been more

price of 6e. per yard.

Bush.
3,547,878
361,930

some business was reported

45,375
30,558
4,237,122

while a

was made by agents.

—The demand for

Domestic Woolen Goods.

and

active,

in cotton dress goods,

fair distribution of cotton hosiery

84,207
161,165

fancy prints, the

in

which have been opened at the low

clothing woolens

was light and unsatisfactory, very few buyers having thus far
appeared in the market. Deliveries on account of back orders
were continued on a moderate scale, and the best makes of

The visible supply ot grain, comprising the stocks in granary
Bt the principal points of accamulation at lake and seaboard
ports, and in transit by rail and water, Jan. 5, 1884, was &»
follows:
Rye,
Oalt,
Barley,
Wheat,
Corn,

are held with considerable
Overcoatings and heavy satinets have met with soma
attention, but actual business was only moderate.
Jersey

In store at—
Rew York

ings,

Do

bush.
7,'Z94,904

9,500
1,418,163
12,044,958

Boflalo
Ohloafjo

Do

287,000

afloat (est.)

Albany
afloat

Milwaukee
Duluth*

2,724,749
2,435,311

roledo

2,518,0.53

Detroit

Peoria
Indianapolis
Kansas City

556,626
22,000
1,864,286
206,532
105,056
100,116
188,218
986,085
7,908
188.400
458,677

Baaamore

93,874
61,495

597,413

449

1,841,042

13,532
226,387
20.323
31.800
364.343
425,076

3.366
117,572
49.767
51,600
16,162
9,371

269,000

902,000

337,000

117,000

32,900

Jan. 5, '84. 3.5,506.594 10.120,133
Deo. 29, '83. 35,507,400 9.695,041
Jan. 6, 'S3. 21,315,550 9.229.144
Jan. 7, '82. 17,530,421 16,426.381
Jan. 8, '81. 28,892,132 16,651,479

6,108,436
6.229.342
4.425.588
2,628,193
3,732,855

3,273,832
3,292,196
3,004.030
2,818,535
3,215,885

2.672.206
2,673,349
1.541,978
1,248,964
846,142

Down Mississippi.
OnraU

* Inoludini;

1.200

37.141
550,000
73,731
43,-53
24,027
160,301
16,670

cloths were in light request, as were ladies' cloths

,

144.150
94,299
326,804

PhUadelpMa

t

132,000
28.000
48,004
628
201,682
3,161,2111,619.913
80,000
2,.')06
27,710

,

firmness.

and cloakand 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 aress goods were in better request, and there was a
16,220 fair movement in cotton-warp and all-wool cashmeres, staple
and fancy worsteds, buntings, &c. on account of early orders.
8,804
3,983
Foreign Dry Goods continued quiet in first hands, the demand
24.000
124.9ii3 having been almost wholly confined to a few specialties, as
32.: 81
British dress goods, white goods and Hamburg embroideries, in
24.418
which moderate transactions were reported.
bush.

368,996 412.811
448,000 165,000
24.300
101,000
20.431
359.782
375.469 1,626,336

443.291
73,211
238.000
1,163,187
19,928
519,533

Oewefto
Bt. Louis
Olneinnatl
Boston
Toronto (29tli)....
Montreal

Tot.
Tot.
Tot.
Tot.
Tot.

bush.

bush.
2,123,999 3,050,729
buxh.

cassimeres, worsted coatings, &c.

16.985
8i'.5B8

19.000
31,780
5,883

Importations of Dry Goods,
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:

The importations

K

1.

h-9tl

I ii

frriFi

1

^

s

|i
p

178,000 bush, reported afloat in vessels,

•

;
•

:

:

•

•

1
a>

P

THE DRY GOODS TRADE.

:::::'

y,

W

CO OS
tt

W

Pbiday. p. M., Jan. 11, 1884.

r-Ce

--J

QD -0

M

«

*-l CT)
•\

ro
*^

i

»

-Jt^tJl'jCO

1

M

en CO

Business was rather more active in commission circles the

cos

M«-CO-oswco*^*^
cotoy^-to
o-.bcocnw

past week, owing to the presence of a considerable force of

o

ZJ*^

ito-tOOOJCO

Spring fabrics, as prints, ginghams, lawns, piques,

worsted dress goods, quilts, white goods, hosiery, &c. , have
been more sought after by intending buyers, and a fair distribution was

made

in

this connection,

though purchases were

checked to some extent by the exceptionally cold weather that
prevailed in wide sections of the country. The general jobbing

Ur-

the wants of

out material change, but there

the trade, and there

is

is

a somewhat better feeling

is

probably the case.

:

:

;

1

MCD
cno

*-

MCD
mx!

CO C/T CS OD -J
to *-

(t-

rf»-

CO

03*1

H' to

(;».

0; CO

CO

ji

OJ

cniocoyi

^

MCO
to^

00

too:)

-aotoo-ts

MKIKIWtOroOtn

M

OHU
tow
rf».0
wco

to

»0

CO
03
t^

CD
00

S
<

h-

^1^
top

CDtOCCCCtO

CO

toccco^O

en

S

e;i

(-•h-

\f*w

coo-t-oco

to CM
10 CO

CO 01

OsCOCOrfi-lU

OQCOtO-^

"

)UCO

ODO^JMOS

COiP^
IP^OI

CCOi

Oj

*J

I-*
•"•

-^oocooii-'
(-•tCCJiQOO

i
^
5
q

^--H-h-

H

cnoVioiVj
co-qococi

S

Oi<IK(i^CO

10

<\-a

ceo

coco

^0

if-Qi
to 00

to CD

to
CO

CO
CO
i^
to

to to
it^CO

00 to
rf^ CO

CO—

K3

1

1

1

0»
CO
*».

6

M

'

cococcmo
rrOCOOSrf!-

cDicosciyi

>

^

M
^ p-

'1

MCDCO^t^
CDCDiUtf^O

-^cocoo**

*^
to
to

)p>

CO

»t^x

(JO

u

M

to CO cc en -0

*.«

tOClOOiOS

^

(JO

CO (J'

to CO to
CO
f- -i*.cjcn

CO

:j'

00

00

1

CO

^
i
a

a*

S
1*

So.
00 5'

CDQDOODtO

CO to

M

i«k.

0:

*- Oi en

to CC OS

—

•(-

a I
>

r

coencofroio

COOOK-OC

»

MM

If-

:j"

1

l->

<I^'bi-OD

to

'

n

a

CJl

CD tc

A

^ P6g

^-wcncstt^
totoipcjco

CO

w
-1 CO Oi CO ^

00 Oi

^

ooMCOOen

CO

to to

C.- (T.

I-*

CO OS QD CO CO

'JO

to
Ot — QO^-OS

UtO^OCD

i!

K-OCOtOrf^
b- Irenes to

in

»h*

s

*

COCDOOr-rf*

to

boi

t^Cl
f-»

t3
^
^
W
W

I

^

to CO CD to CO

5E

K

3
?3l
00

1
M

w
tP^cotoroos

1-*

'.n

1

OSOCOtO-3

CDi^i^)b0D

^COlfci-h-

..^
'~^^

OS

to

'h-rfkl-'cob'
CD Oi 0< *1 10

OJ

M

rfkC?

<x
-4

CO to 1^

tc

to

to

•0

^
?

-J

I-*

*»co

«s

OSO*-<I*-

Mtoe;'*atf>.
*. 16. CO to CD
tC-ifi.OdO;CD^

s

"to

r

--1

to

2 M

2

momVo 5
i If
0)
OS

cocc*-**.*^

H

OS en

H't-'H' to

0:1

I

X

cotocooso

0»

m

cocfl*-c:-'

I

T

cnococorf^

."

a^zj*

M
M-JbOOiOl
OOCSCOh-M

i

wtOh-COt--

7i

fl

;

!

MCr.Mrf>.co

-lODWOi^

3
3

C0-JC^i-]O

lP"tO

:

;

i

n
bi*M

—

:

;

.

CD

COM
jf^-CO

i

5

D

CO

;

<

^
» CO
11

;

I

j

?s 0^

10-1

a growing belief on the part of distrib-

uters that bottom prices for most fabrics have at length been

reached, which

<

to 10

hosiery, &c., was done

by a few leading houses that cater for
small jobbers and large retailers. Values are with-

:

_
colo
coco
r-CO

% ?'

t-*

CD

*«.

trade continued light and unimportant, as usual between seasons,
but a pretty good package trade in domestic cottons, prints,

;

»

package buyers from the South and Southwest, but the demand was very irregular. The most staple cotton goods were in

very quiet.

iiiiit

to

fcO

Vaj

somewhat better demand by local and out-of-town jobbers, and a
few large sales were made to exporters,but domestic woolens were

r!

1

B

ft

MtsBisslppi closed above Cairo,

?:

sSog

i Irilrl
(-;:•
»:
S

§
1

:

s

g
g p

-g to :< -C CD
10 03 en 01
h- 1-; CO c:i -^
CO
OS CD CO
'^
CO *- to

^

X
M

M
*

^
s

X
A

,

:

Janoart

THE CHRONICLE.

19, 1884.]

United States Trust Co.

a

HONDM OP

$5,000,000

obtained at head

or of Company's Agents.
M. Hichahdm. Presl. .lonN w. i.KAN&, ctu«
RoB'T J. Ilii.i.AH. Ass't Secretary.

Wm.

Oeo. T. Hope,
0.<). Williams.

Geo.

Second Vice-Presidents
Asslstant.-Secretax7

WIIXIAU

Henry K.Sheldon.
John T. Martin.
Edm'd W. Corllea

Mich'l Chauncey, Fred. Cromwell.
C. D. Wood.
WM. H. MALE, Secretary.
„
„
JA8. H. Curhan. Assistant Secretary.

Henry Sanger.

CAPITAL.

York.

PrcvidentLife&TrustCo
OF PHILADELPHIA.
Incorporated Third Mo., 2ad, 1885.

PBRPETU.lI,.)

$1,000,000
912,.t:t§,47!2 2«.

IKSURE I.IVKS, <;KANT AN.NUITIES, RECEIVE .\IO\KV CS DEPOSIT, returnable on de-

oron which Interest is allowed, and are empowered bylaw t.i lift iis KXECl: TORS, AIJ.MI.NI.STRATORS, THIS'J'EKS. (iU ARDIA.VS, ASSIGNEE-,
mjind,

COMMITTEES. RECEIVERS. AGK.NTS,

etc.,

All trust funds and Investments are Itept separate
and apart from the assets of the company.

The income

of parties i ^siding abroad carefully
collected and duly remitted.
R. SITIPLKV, President.
AS.\ S. WIN'';, Vico-I'resident and Actuary.
T WISTAR HltdW.N.rhairriian Klnanfu romniittec.

SAMX

®0mpattieB.

HAIVHATTAIV
Safe Deposit Storage Co

&

346
wOr. of

^t

Leonard

to

No.

CO.
In stock

Co.,

New

York, Boston, Philadelphia,
SELLING AGENTS FOR LEADING BRANDS

BLEACHED SHIRTINGS
AND SHEETINGS,

Sc

PRINTS, DENIMS, TICKS. DCCK8,
DHlls. ShMttings,

&«.

Export Trade.

for

<tc..

&

Joy, Lincoln

Motley,

HFCCB880KS TO
43

'

Specie
|1,008.4.W
lAval-tender notes
t}H7.1U0
Bills of other banks
4B 613
Chucks and other ca.sh items 1Q,8«1
Kxeh'nxesforClear'K Hcm.se fllO.OiiO
Due from other .Nat. bnnks. i;30,«74
Duo f r'm State bks.S b'nkers 31,134
Redemption fund with U.S.
Treasurer (5 per cent of
circulation)
U- ^'. Treasurer
other than 5 per cent re-

Due from

S6 014 807 73
35 47
399.0CO 00
SO.OOO 00
31.31- 50
200.0110 UO
28
00
00
03

E. K. raUDGE,
& 4S WHITlt STRKBT,
NEW YORK.

SAW^YER
15

ic CO.,
CHAUNCKY STREST,
BOSTON.

"Cean mills

Peabody

a.OOO

07

CRAIM AND

1,597
159,947
Cashier's checks outst'd'g
2.231
Due toother Nat'l banks. 3,287,920

bks

&

b'kers 1,832,161

Total
State of New York, County of

0— 2,645.SB7

40

»1,000,000 00
17.^,000 00
20,004 ,S5
260]000 00

BAGG ING.
ST.

78

I

BO

B. SCHENCK, (5ashler.
to before me this 11th day
F. A. K. Bryan,

Subscribed and swdrn
of January, 1884.
Correct— Attest
Notary Public. N. Y. County
f

NICUOLS.S

Directors.

TIB*.

THH

Ashepoo Phosphate Co.,
CHARLESTON,

8. C.

ROBERTSON, TAYLOR

dc

CO.,

OEXERAT, AQE.VTS.

:

)

oTTON
-

,

FREDERICK

E.

r

\

«»

I.FttlTD'KB.ScHE.NCK.Cashleroftheabove named

JA.MES

liirOBTEJtS OF

,

M— 7,849,441

.Ti9iS4 1 lis 13

M. MILLIKKN.
CIIA.S. M. VAIL,

,

LOUIS, Mo.

Maao/aotarera* Agents fortbesaleof Jut« Baiwinif.

74

07
05
25

New York

S.

PKOVI<>IONS,

WARREN, JONES A GRAI

30,07^00

bank, do solemnly swear that the above statement is true, to the best of my knowledge and belief.

COMMBIRCE).

delivery, a specijilty.
Special Information, Indicating course of markets,
freely famished upon request.

»9,3Jl,il» 13

.

Iia Salle Street,

CHAMBER OF

on the Chicago Board of Trade, for cash or future

Undivided profits
National bank notes outstanding
Dividends unpaid
Individual deposits subject to check
$2,565,iS8S 53

Silate

coinmissioN merchants,
CHICAGO.

Surplus fund

of deposit

Co.,

(Established 1865.)

THE PURCHASE AND SALE OF

Capital stock paid in

ctfs.

&

Everingham

17

LIABILITIES.

Demand

L.

125

Total

Certlflod checks

Atlantic Cotton miUii,

Uertou New
Saratoga Victory JTIIk. Co.,
Hosiery and Yarn inili«.

(ADJOINING

13,000 00

demption fund

<'o.,

ITltilN,
Cliicopcc Mfg. Co.,
ilIlllH,
AVlilte Mfg. Co..

85

Manufacturers of Uiuh-(trade Acid Phosphates,
Dissolved Hones, Hone Ash and Ammoniated FertiliLarge Imnoi-tors from the Mines In Germany
of I.eoooldschall Knlnlt.

zers,

©ommetjcial

©atjfls.

$200 per year.

BuUard
119

&

NEW

OF

Wheeler,

MAIDEN LANE,
IROIV TIES,
COTTON.)

Admits for the followinB brands of Jats RaitKlne
*KlWleMIlli""Brooklyncrty,""GeoreIa,""Carollnar'
*N6Tto»af^Dnlon Star,"" Salem." -TOrlcon MlUfc'
*

Jawr Mhla" and "Dover Mills."
iMPoivriiiHs

or iron tub.

ESTABLISHED 1855.
EUGENE R. COLE, Successor

Sears

&

to

Cole,

STATIONER AND PKINTER.

YORK.

AJVD
The National Park Bank BAGCnWC
(FOR BALING

NEW YORK,
314 4c 216 BROADIVAT.
*»TRAWOE THROtreH THE BAITK,

Fabyan &

Bliss,

December 31, 1883:
RESOURCES.

of business

Safe Deposit Vaults
OF

Widths and Colors, always
109 Duaue Street.

Towel*, <laUts,^VIUteGood*&Ho«lcri

Loans and discounts
""""-'•Overdrafts
U. S. bonds to secure circulation
U. S. bonds on hand
Other stocks and bonds
Real est lit e

NEW YORK

trom $10

A fall a apply, all

aobnts for

Receives for safe-keepine, UNDER QUARANTKH.
Bonds, Deeds, Wills and other valuable papers; Silverware. Jewelry, PalntlnKs, Silli Goods, Old Buslnesi
Accounts, &c.

Safe* to rent

Also, Affents

^^ MERCANTILE NATIONAL BANK,
at New Vork, in the State of New York, at th' close

348 BroadwRir,

street.

kinds of

UNITED STATES B17NTING

.

T>EPORT OF THE CONDITION OF THE

Due to

gjcjjosit

«.1U».»<M

Y.

§anli J>tatcnicnt.

for

the faithful performance of which their capital and
surplus fund furnish ample security.

*afc

....

-

all

CANVAS, FELTING DUCK, CAR
COVERING, BAGGING, RAVENS DUOK, SAIL
TWINES. Ac, "ONTARIO" SEAMLB88

^1,000,000.

UILLIIOUSB, Preslder...
FKEDKUIC D. TAI'PKN. Vice-PresldMit
WAIiTKK J. BRITTIN. Seoretarr.

ASSET.*

And

COTTON

BROIVN

This bank tiaa superior facilities /or.makiCK lh- accessible points in the Untteo
3tato8.0anadaand Europe. Mberal termsext n<'»-c
to accuunts of bankers and nierchants.
CoHUKHPOSDKNT.s.-New York, National Shoe.*
Leather Bank: London. Union Bank of London.

TUOMAS

CAPITAL

COTTON SAILDUCK

lections on all

Deelffnated aa a lejral Depository by urder of Sn.
preme Court. Heceive deposits of money on Interest
act aa tlscal or transfer a^ent, or trustee for corpora.
tton» and accept and execute any legal trusts front
persons or corporations on as favorable terms as
other similar companies.

CCUARTKK

-

Cashier.

Buffalo,

BUFFALO. N

Metropolitan Trust Co.,
New

CORNWELL,

C.

Bank of

Co.,

BAGS, "AWNING STRIPES.

^^lKMANB.JEW«TT.P^el»; JOSIAB JKWErr.Y-l'ies

TRUSTEES:

Mills BuildlU);, 35 Wall St.,

&

Mftnuf actnrers and Dealers tn

Bdwabd Rawlinos.

ga nfes^^ jj^jew ^orli ^tate.

EDMUND

PAID UP CAPITAL,

Brinckerhoff, Turner

D. J. TOMPKINS, Secretary.
.\EW YORK DIRECTORS.— Joseph W. Dreiel, A. L
Ropkins. H. Victor Newcomb, John Paton, Daniil
Torrance. Edw. F. Wlnslow. Krastus WIman.

ministrator.
It can act as agent in the sale or management o
real estate, collect Interest or dividends. reoelT
Fftristry and transfer books, or make purchase ant
•ale of Government and other securities.
Religious and charitable institutions, and person*
unaccustomed to the transaction of business, will
And this Company a safe and convenient depository
for money.
W. COHUKS, Vice-Pre8*t

Alex. M. White.

Chittenden

of Snret^^Hhiji

:

St.

M. Richards.

NEW YORK OFFICE:
No. 178 BROADWAY.

authorized by special charter t«
act as reoelTer, trustee, Kuardlan. executor or ad-

P. Rolfe,
Joslah O. Low.
K. K. Knowlton.
Alex. McCue,
H. E. Plerrepont, A. A. Low.

Wm.

ManaKlnK Director

Brooklyn, N. Y.

Is

John

Vermilre.

Broadway and Twenty-Fourth

Mitchell.

Cash Capital
»300,o()0
Cash Assets
400,000
Deposit with Insurance Department
214.000
President
Vice-President
«ia. Alkx. t. Galt.
Hon. Jas. Fehkikk.

The Brooklyn Trust Co.
This Company

D

Coe.

i.

Al.-a
B. B.

OF NORTH AMERICA.

Chittenden.!

sts.

SAMUEL BUDD,

Guarantee Co.

riie

UKNRV L. THORN KLL, Secretary.

& Clinton

.

AND HALF.H08B.

yo OTHER BUSINESS.

>.

Cor. of Monta«rae

HIGH-CLASS FALL AND WINTER

W. G. Low,
Charles Dennis,

David Dows,
A.s. Bames.
A. Ilnrlbn',

Ronds

fc].

LOUIS G. HAMPTON.

otitce.

J,S.T. Stranahan. H.
A. B. Unll,
J.

TRUSTEES

LLAKK.

Co.'s

DIRECTORS:

Dan. H. Arnold, iJames I*ow,
iJohn H.Rheades
Thomas Slocomb, W. W. Phelps, J. B. Williams,
Charles K. Hill,
n. Willis James. Anson P. Stokes,
Wilson <J. Hunt, John J. Astor,
('has. H. Uussell,
J<ihn A. Stewart. Uobt. B. Mintum
\Vm H. Macy,
John J. Cisco,
M.Kuckln(;huiu'(
II. Warren,
Clinton (Jllbert, H.
Lawrenre, KJeftr^e Bits."!,
Daniel D. Lord,
Isaac N. Phelps. .Jtihu C. Brown,
Qeorge T. Adee. Krastus CornInK, William Llbbey,
S. B.
S.

&

Allen Solly

OASVALTV DEPARTinENT.
PoUoies issued iiKalnst accidents causinx death oi
totallv disabling Injuries.
Kull lufonuatlon as trt details, rates. Ac, can b

avednyn' tiuMco, and will be entitled to Interest for
the wholu tttiio thoy may remain with the company.
Executors, administrators, or trustees of estates,
and females unaccusioniod to the transaction of business, as well HH relltfiautnand benovolont Institutions,
will find thlit c<»iTipuiiyH convenient dflpuHttory for
JOll.N A. STKWAKT. President.
money.
WlhLIAM U. MACY. Vice-President

JAMES

«ii;HIiT¥SIIIP

from this ('ompanv at ujodorate oharifes.
The bonds of this ('ompanv an* accepted b*
oourttof the Statu of Now Vi>rk.

loffal

INTKIIKST AT.KOWKD ON DKP0SIT9.
which may bo nuiilo iit any time, and withdrawn after

Samael Sloan

(j^arfls.

NMW

nles.

deptiRltory fur mfmeya paid
Into ooort, and Is authorlied to act as inuirdlan or
receiver of estatos.
la

CommerciaX

NO. 179 IIROADWAV,
VORK.
Offldnlsof Banks, Rjiilr(»ads and l^xprcHS ClompaManaKors, Secret tirlos, and (Klerks of Public Companies, Instltutl<»nsiin<l Commercial drms,can obtain

OF XEW YORK,
No. 40 \VAI.L STREET.

CAPITAL AND SUUPLUS,

*th

financial ©ompanics.
FIDELITY A. CASUALTY Co7

Svttst (Coinpituics.

This oompiuiy

:

^^

Snpplles Banks, Bankers. Stock Brokers and Corporations with complete outOts of Aocount Books

and Stationery,

tar* New concerns oncanUing will bare their orders promptly executed.

No.

1

MflL,L.lAmi

(HANOTKR

STREET,

S4|t;ARB.)

—

«

THE CHEONICLE.

lU

[Vol.

%nsnvnnc6.

Ittstxrawcje.

|i^xtMix;ati0tis*

OFFICE OF THE

MUTUAL LIFE

Ready About Feb* 15

INSURANCE COMPANY
OF NSW TORE.

XHE

F. S. W^INSTOM, President.
ISSUHS EVERY DESOMIPTION OF

Financial Review.

ATLANTIC
Co

Mutual Insurance

LIFE dc ENDOWMENT POLICIES

NEW YOKK, January 25, 1883.
of its affairs on the 31st

(ANNUAL.)

Bates Lower than other Companies.

The Trustees, In conformity to the Charter ol
the Company, submit the following Statement

ORGANIZED APRIL

December, 1882:

1SS4.

14TH, 1842.

ASSETS. $96,000,000.

Premiums on Marine Kisksfrom
Ist January, 1882, to 3l8t De-

cember, 1882

$4,412,693 58

gttMicatiotis.

Premiums on Policies not marked
off Ist

XXXVIU

1,516,844 85

January, 1882

Total Marine Premiams

THE<SREATEST LIVING

$5,929,538 43

Much HM Prof. I>Iax
Jas. A. Kroude,
Piof. Huxley, Right Hon.
W.E.Glndstone.R. A. Proctor, Edward A. Freeiiiaii,
Prof. Tyndall, Dr. W. H.
Carpenter, Frances Power
Cobbe. Pi-ofestitor Goldwin

Premiums marked

oil from 1st
January, 1882, to 31st December, 1882
$4,390,305 90

Losses paid during
period

the

same

8niitb,

Assets, viz.:

Fraucif* CJaltou.W.
Story. l>Ialthew Arnold,

364,923 85
$13,171,675 02

SIX PER CENT INTEREST on the outstand
Ing certificates of profits will be paid to the
holders thereof, or their legal representatives'
on and after Tuesday, the Sixth of February
next.

THE OUTSTANDING CERTIFICATES

of

wUl

cease. The certlllcates to be produced at
the time of payment and canceled.

A DIVIDEND OF FORTY PER CENT

is

declared on the net earned premiums of the
Company, for the year ending 31st Ddcembei
X882,for which certlllcates will be issued oi
and after Tuesday, the First of May ne,' ;

Bv order of the Board,
Secretary.

Scientific, Biographical, Historical

THE

ABLEST LIVING WRITERS

branches of Literature. Science. Politics and

Art.
." We know of no equal to The Living Age for
variety of information, depth of interest, and purity
of tone. 1*8 p'lges are sufficient to keep an* reader
abreast with the best printed thoughts of the best
of our contemporary writers. It is the great eclectic of the woT\A "—Episcopfil Itegister, Philadelphia,
' It flourishes in even more than youthful vigor.
It has become indispensable."— JVeiu York Observer
" Its leaders are supplied with the best literature
of the day. " * * "There is nothing noteworthy in
science, art, literature, biography, philosoohy, or
religion, tha cannot be found in it. * * * It gives
in acces-ible form the best thought of the age."—
The Churchman, New York.
" It becomes more and.more necessary as th" field
of periodical literature broadens."— Zton's Herald,
Boston,
" No other periodical gives so diversified a view
of current literature, not by f bridgments, but by
publishing entire the best essays, criticisms, discussions, short stories, and seriwl romaui-es nf the
day. * * * It is for readers <if limited leisure or
purse the most convenient )*nd available means of
possessing the nselves of the very best results of
current criticism, philosophy, sci'^nce, and litera«

scientific world is
Boston Joii/mal.

Horace Gray,

Charles Dennis,
W. H. H. Hoore,

Edmund W.

Wm. Storgls,
Ben)amln H. Field,
Low,
William E. Dodge,
Royal Pbelps,
Thomas F. Youngs,
0. A. Hand,
JohB D. Hewlett,
WUUam H. Webb,

Charles D. Leverlch

Win am

J'jeiah O.

Charles

Corli

John Elliott,
Adolph Lemoyne
Bobt. B. Mlntom,
Charles H. Marshall.
George W. Lane,
Edwin D. Morgan,
James G. De Forest.
Samuel WiUetts,

Uavld Lane,
Gkxdon W. Bumham,
A. A. Raven,

Burdett.

JOHN D. JONES, President.
CHARLES DENNIS. VloePregldant,
W. H. H. MOORE, 2d Vloe-Prealdent

YU»fKHaeDt,

spread before

its

readers."—

No reader who makes himself familiar with its
contents can lack the means of a sound literary
culture."- .Yeiy York IHbwne.
"It furnishes a complete compilation of an Indispensable literature."- C?iicrt30 Evening Journal
" Kemarkably chear for the quality and amount
of reading furnished."— 3fon(r/-r/i Gazette.
" It is bv odds the best periodical in the world."
Morning Star, Wilmington, N. 0.
Published weekly at *8 00 a year, free oj postage,
or,

For $10 50 The Living Agb and anv one of
the American 14 Monthlies (or Harper's Weekly
or Baz'ir) will be sent for a year, postpaid or for
»9 50 The Living Age and the Si. Aicfiolas, or
Ltppincott'a Monthly. Address,
;

LI'rTElLI^

Bryije,

JohnL, Klker,
N. Denton Smith,

A. A. JtXYXM, 8d

Pittsbitrg.

"

William H. Fogg,
Thomas B. CcddlngtO'
Horace K. Thorber,
William Degroot,

P.

Political In-

formiition.from the entire body of Foreign Periodical Literature.
It is therefore invaluable to every American
reader, as the onlv satisfactorily treeh and COMPLETE compilation of an indispen&able current
literature.— indispensable because it embraces the
productions of

and

J. U. Jones,

James Low,

and

"Through its pagea alone it is possible to be as
well inf rmed in current literature as by the perusal of a li.nglistof monthlies.' —PAiia. .E?w/itirer.
" Whatever there is of interest in the literary

TKUMTKESi

Lewis Curtis,

FOK

Bankers,
Stock Brokers,
JUerchants,

THREE AND A QUARTER THOUSAND
double-column octavo pages of readim? matter yearly. It ore sents in an inexpensive form, considering
its great amount of matter, with freshness, owiUK
to its weekly issue, and with a satisfactory completeness attempted by no other oublication. the
beat Essays, Reviews. Criticisms. Serial and Short
Stories. Sketches of Travel and Discovery, Poefry,

ture."- JVesbi/ferian Banner,

Charles H. Russell,

FINANCIAL INFORMATION

During the forty years of its publication Thk
LiTiNGAGEhaa met with continuous commendation and success.
A WeehXy Magazine, it cives more than

in all

the issue of 1978 wUl be redeemed and paid to
the holders thereof, or their legal representadves, on and after Tuesday, the Sixth of Feb
ruary next, from which date aU interest thereon

CHAPMAN,

RusHtin. Tennyson, Browning, and many others,

are represented in the pages of

Littell's Living Agr.

Cash in Bank

H.

W.

$823,304 50

other Stocks
$8,974,558 00
Loans secured by Stocks and
otherwise
1,575,500 00
Real Estate and Claims due the
Company, estimated at
531,118 15
remium Notes and Bills Keeeivable
1,725,575 02

J.

oi Argyll,

lliii'dy.

The Company has the following
Ouited States and State of New
York Stock, City, Bank and

Amount

The Duke

OF

Wni. BlacU, I>[iNs Thackeray, i>IrN. I>Iulock-Craik,
Geo. Mncllounlri, Mrs. Oliphnnl. Jean Inffclow, ThoM,

$2,013,767 35

Betorns of Premiums and Expenses

A YEAR BOOK

Aiitliovs,
IVliiUer,

FOR

&

€0., Boston.

SALE.

Chronicle Volumes
SINCE 1870.
Any office

possessing these volumes since 1870 ha
hand for convenient reference a complete and reliable financial history of the period. Parties havlnc
the more recent volumes can obtain from the pub
Itshers most of the earlier volumes, or complete teta

Investors.
CONTENTS!
Retrospect of 1S83.
MercaHllIe Failureii.

Banking and FinancialUnited States— National Bank Figures and
Currency Movements.

New York Cit}'—Bank Eetums,

&o.

Loudon— Money Market and Bank Eetums

CommercialUnited Sta,te9— Foreign Commerce, Trade
Baiance, U. 8. Exjjorta and Imports of
LeadluB Articles. London— Review if
year,

Bank Returns, &o.

XUe Money Marketand Prices of Call Loans and
Commercial Paper since 187C.

Influences,

Rold and SilverProduction, Exports and Imports of Gold
and Silver in the United States and abroad.

Foreign Excbange—
Market and Prices in New York, 1870-1883.
Inire.tment. and SpeculationCompound Interest Table, Showing Accumulations of Money in a Series of Years.
Table Showing the Rate Per Cent Realized
on Securities Purchased at different prices
(without regard to date of maturity.)
Stock Speculation in New York.

[7nlted States Debt and SecuritiesDebt of the United States.
Prices of U. S. Bonds, 1860-1883.

State Debts and SecuritiesState Debts and Immunity from Prosecution.
Prices of State Securities, 1860-1883.

Railroads and

ttaelr

Securities-

Railroad Statistics of the United States.
Railroad Earnings.
Prices of Railroad Bonds, 1879-1883.
The New York Stock Market, 1879-1883.
Prices of Railroad Stocks, 1879-1883.

Price of the Revie^v, bound In clotht - 8^ 00
To Chronicle Subscribers (one copy only)l 00
10
Postane (when sent by Mall) • - • •

at

WILLIAM

oan be famished.

"^IlililAin B.
7B

A

BANA
81

Sc CO.,
WIIiLIAM STRSav.

B. DAIVA

&

CO..

PUBLISHERS,
T9

&

81 W^lUlam Street,

New

Vork,<

,,

:

Jamuakt

THE CHRONICLE.

13. 1S84.J

®0tt0U.

jittVLmships,

0!VL.¥

UENERAL TRANSATLANTIC CO.
Between NKW YORK and HAVRR,
IMer (new) 43 North lllTor foot of Morton 8t.
Tnivclcni br this line aroii] both transit by Eniillah
Kullwny mid the dliioumforts Of oroMlnH tbeChaancI

From

f

HAS(

I.

A

11 1;

I

I

II

Wed.,

nuii;iMil

I'. 1. ir,'

i:.

A

'K.

(

Jttn. in.

Wed.. Jim.

!!0, 1

Train from Havre

COFFEE

at the

1".M.

Special
The CompuKnle Oeneralo Transatlantlqno delivers
Its office In New Vork special train tickets from

at

Paris. RaKKHtfO checked through to Paris
WIUlOQt examination at iiavre. provided passenftera
bave the same delivered at the Company's Dock In
MavrTork. Pier42 North Klver, foot of Morton St.
at least two hours before the departure of a steamer

NBW YORK COFFBB EXCBANQB,
COKBESPONDINTS

Messrs,

James FInlay A

Ijlasffow,
.Messrs.

Co., LlTOrpool,

Smith. Edwards

Liverpool,
Messrs. Flntay.
Messrs. Samuel

A

Co.,

London anr

Cotton Broker*

Mulr & Co,. Calcutta and Bombay.
11, Buck A Co.. New Orleans.

BuniT H. Waiu.

Havre to

LOUIS DE BEBIAN, Aeent,

DKUriIU\

NEW TOKK, LIVERPOOL AND NBWOB
LEANS COTTON EXCUANOE8. Alsoordenfttr

P.M.

to Paris.

li'UTURB

6IIJ,IAT SCHBOKDER.

Ware &
&

16

Cottuu.

Robert Tannahill& Co.,
Cotton Commission Slercliants,
•.

81 Stone

NEW YOKH.

Street,

Spaotal atteatlon irlven to the pnrch.tse and sale cf

Gwathmey &

Bloss,
comnissioN iherciiaikts,
No. 123 PEARL 8T„ NEW YORK.
Orders for fature delivery qf Cotton executed In
Haw York and Liverpool : also for Grain and ProI tn New York.

JOHN M. BWKN,

Brothers,

COTTON BROKERS,
Noa. 31

&

33 Broa4 Street,

NKW

cotton.

John C.

&

Co..

PEARL STREET. NEW

Dennis Perkins

Jno.

&

Hanemann & Co.

.VIohr,
1

as

PEARL

New

ST.,

186

Orleans, La.

SPBOIAL ATTBNTION OIYBN to the EXECCTBIS

OF

TUI.I.I8.

B.

TuUis

LAMPLIT.

&

Rountree

COTTON BROKERS,
BEAVER STREET, NEW YORK

&

Hoffmann,

COTTON BROKBB AND AGBNT,
RCE DB LA BOUBSB, HAVRE

&

Co.,
COTTON, STOCKS, BONDS, *o.,
NEW

88 WILLIAM STREET,
YOKK.
Ordars In ** li^nisa" ejcaeutad at N.Y. Cotton

JkA

Place,

NBW

YOHK.

&

P. Billups

Co.,

COTTON
;OMMISSION MERCHANTS
&

Noa. 16

18 Exchange Place,

NKW

08T BUILDINQ,

YUHj.

Special attention given to the Parchase and Sal
f Contracts for future delivery of Cotton.

•

Edward H. Coates& Co.
CLAOHORN HKRUING A

12

141

PHILADELPHIA.
^naiATCB C. HoPKiKS. Lucius UopKiiig Bmitb.
CHARUCS D. MJI.1.KB.

[iopkins,

No. 134

.

Farrar & Jones,
PEARL STREET, NEW YORK.

& Wakefield,
COTTON

And General Commission Merchants,

New

84 Beaver St.,
York.
Liberal advances made on cotton oonsliniments.
Special attention given to orders for contracts for
future delivery of cottpn.

CO.,

COTTON BITTEB8,

EVRE, FARRAR

Wm.

dc

PRICE,

'^isctllnnzons.

SAMUEL BUDD.
Fine Custom Shirts our Specialty,
Over Twenty Years' experience warrants

N ORDKBa rOB A COMHISSION

the

assertion

and workmanship.

antee in

all

oar

Broadway &

We

cases a perfect

SAMIJEL,

Felix Alexander,

that

Dresa

Shirts are unequaled for style, appear-

ance

MONTGOMERY, ALA.
01II.T

made on cotton ccnslgnments,

Special attention given to orders for contracts for
futixre delivery of cotton.

NORFOLK, VA,

Tuttle

PlTBOHASB

PEARL STREET,
KEW YORK,

JBDIB8 rOB FUTUBX C0KTKACT8 BXBCUTBD IB
N«w York and Litbbfool.

Advances made on Consltniments of Cotton. Contracts for Future Delivery of Cotton bought and
aoldon commission.

CUSBY &

Dwight & Co.,

COTTON

Liberal advances

COTTOIV".

U.

CHESTNUT STEEET,

No. 116

133

PEARL STREET, NE^V YORK,

JOWi

CO,.

OTTON COMMISSION MERCHANTS.

OUMMISSIOM MERCHANTS,

Co.,

Henry M. Taber,

Tainter,

Cotton and Petroleum Mercliants,
•7 P KARL AND 80 8TONK 8TREKT8, Niw YoiiK
"FPTUBJ" ORDKBS PaoMPTLT 1I1XKCUT«1>.

H. Tileston

J.

IHERCHAIdTS,
OLD SLIP,

t7~ Special attention given to the execution of
orders for the purchase and sale of Cotton. Grain
and Provisions for future delivery. Liberal advances

Batabllshed (In Tontine Bnllillngl IIMO.

W ALTER &KROHN,

18 Exohanice

dc

NJSW YORK,

Co.,

COl'TON BROKKH&,
No. 146 Pearl Street, nuar "Wall, N. S.

F.

16

POBT BtnLDlSO.

made on consignments.

James F. Wenman & Co.,

&

OOMMISSION MERCHANTS

COMiniSSIOlV

AND NORFOLK, VA.

COTTON BROKERS,
New York.

Waldron

AITD

ORDERS FOE FCTURE CONTRACTS.

Pearl Street,

W.

OOTTON PACTOKM

ORATIER81.

New

York.

YOKI.

Co.,

Gwynn,

6c

SCCCESSORa TO

NO.

EUFAUEA, ALABAHA.

S8

Co.

MOHR. H. W. HANBHAMN. CLBUSNii VlSOHO

COTTON BUYERS,

68

&

Bnyers of Cotton for a Commission. Orders for Fu
ture Contracts executed tn New York and Liverpool
<VM.

York.

con-

8ELMA. ALA,; MONTGOStBRY, ALA.

Orders for Spot Cotton and Futures promptly

TOO. W.

Graham

de

COTTON COMMISSION MERCHANTS,
No. 18 ^Tllllam Street, New York.

COTTOIH BROKERS,

US

made on

YORK.

Geo. Copeland
186

Liberal advances

BANKERS
AND

.

Ewen

Fieldmg

s'mMnenta.

Future Contracts.

Wabbxn Bwbk.Jr.

New

Orders exeonted at the Cotton Bzchanaea In Nap
York and Liverpool and advances made on Cotffb
and other produce consigned to as, or to onr oorra
spondents In Llverpcxii. Messrs. B. Newiiass A Co
and Messrs, L, Ilosenhelm Jk. Sons.

Special attention paid to the execution of orders
for the purchase or sale of contracts for future
livery of

K:CCnANO« PLACR,

No. 40

MEUBER8 OF THR OOTTOy, OOtfEB AND
PRODUCE EXOHAHaEn.
UrJTOwa OFFioi. N08, S8 A 41 Waucm araaBr

Schroeder,

MERCHANTS,
POST BUILDING,
Exeliange Place, Nev York.

18

A^

ooninissioN merchants.

:!OTTON COMMISSION

No. 6 Rowllnic Creen.

otma * 0*

MoDt«oin«ry.

LEHMAN BRO'S,
Cotton ANDFactors

at the

To Havre—

i'HiC'K UF l'A8SAOB— (InoIudlDff Wine);
First ottbin, tlOO and KO; second cabin, (80; steerage. |;2A— IncludlHK wine, beddInK and utensils, Keturn tickets at very reduced rates. Checks on Bnnquc
Transatlantlqne, Uavre and Paris, In amounts to suit.

New York.

St.,

LmiiAir.

N«w Orlaaiu, La.

Co.,

COTTOM

8 A. M.

d'lIautortvi>.Wc<l..Jttn.«>. a

,.!lkT

Lbbmah. abbaham a OOm

MERCHANTS.

8 Sod til William
BXBCUTB ORDERS FOR

Ktiuit! l)iuit.

CANADA.

i^OttOXL

&

Henry Hentz

Direct Line to France. COMMISSION

tn H

IX

4tli

guar-

fit.

BVDD,
Street

New

York.

COTTON BROKER,

ACGIJSTA, OEOROIA
Satire attention given to purchase of COTTON
uaoEB tor SPINNERS and EXPOBTSKS

TU

COBBXSPONDBlVOa SOUOITaD,
References :— National Bank of AuKusta. (^orsla
Henry Henu * Co„ Commission Merchants, Nea
York; WUUam B.Dana A Co., ProprletorsCOHHicB
GUI. AXD FDraaOLU, CaaoaioLa, andlotbar New
Yoik,

JOSEPH GILLOTTS
STEEL PENS
Soto Br ALL DEALERSThrougkoutThc WORLD
^CflLD MEDAL PARIS. EXPOSITIQHiriateJ

:

THE CHEONICLE.

&

*'o8t Bnlldingr,

16

&

North

Stillman,

MERCHANTS,
18 Exchange Plare

lNMAN,SWANN&Co &

<«IAOB

ON ACCEPTABLE

BBCUftlTIEP.

^PICfAL ATTBNriON TO ORDKRS FOR CONTRACTS
FOR FUTUR UKLIVEHT OF COTTOV

COTTON, ALL GKADBS, SUtTABLK Td
OF SPINNERS,
OPFERED ON TERMS TO S. IT.

Co.,

NSW

YorJi.

Jemison, Groce & C«.. Galveston. Tes

CHAS.

Charles Mathoff

Nos. 2

MEMPHI S, TKNN

BABCOCK&CO.

&

Sawyer, Wallace

COMMISSION MERCHANTS,
IT IVater Street, I.IVERPOOL,

.

64 \riUtam

New

St.,

No. 4T

Insurance

Vork,

Company

OF HARTFORD.
$9,192,643 80

unpaid losses
and re-Insurance fund

Liabilities

for

1,923,185 95
4,000,000 Oti

Capital

BROADTFAir.

NET SURPLUS

$3,269,4Ft 86

Uberal advances made on cotton consignments.
attention given to orders for contracts for
'aredeliTenr of cotton In New Vork and Liverpnol.

co..

Offiee,

Assets January 1, 1884

Co.,

COMMISSION MERCHANTS,

Receive consijmments of CottoD and other Produce.
ftnd execute orders at the Exchanges In Liverpool.
Represented In New York at the office of

WHITE, SAM. P. BLAGDE^

E.

&4 STONE STREET, NEW YORK.

VOIV OIJNDELL, &. MAYHOFF,
COTTON BUYERS,

-.

YORK:

MANAOEBS

von Gundell & Mayhoff,
COTTON BROKERS,

AND

babcock brothers &
50 Wall street.

New
Alfred von Gundelu

&

COTTON COMMISSION MERCHANT^;
No. 10 Old Slip, New York.

E.

Co.

Ins.

OF

Solon Humphreys. ChVn, (E. D. Mortran ACo.)
David Dows, Esq. (David Dowe & Co.)
E. P. Fabbri, Esq. Drexel, Morgan <fe Co.)
Hon, 8. B. Chittenden
Ezka White, Esq.
J J. ASTOR, Esq.

WANTS

BANKERS

B. F.

Mercantile

United States Board of Management,

MERCHANTS,

COTTON

OoMh Advances Madt on Ootisignments.

E. S. Jemison

British

LOIVDON AND EDINBURGH.

NEW VORK.
OAN8

1884.

13,

msnv^nci^.

Cotton,

®0ttOtt.

W'lodward

[January

^I>eolal

No. 8 Cortlandt
JAS. A.

St.,

New

ALEXANDER,

York.

Agent.

A. Kent &~Co7^
COIHIIIISSION

MERCHANTS

GRAIN, PROTISIONS AND COTTON,
No. 89 BROAD STREET,

Insurance Compan)

Ne^w^ ITork.

POOLE, KENT & CO.,
CHICAGO.

E. A.

O ommercial

Home
OF NEir ¥ORK,

KENT & CO.,

ST. LOUIS.

William H, Beede

& Co.

COTTON BROKERS,
PEARL STREET.

OFFICE, 119

Bveeial attention given to orders for the bayliv
and setung of Cotton vor Future Delitebt.

BROADWAY.

CASH CAPITAL
Reserve for Unearned Premiums
Reserve for Unpaid Lasses and Claims
Net Surplus

Cask Assets Jan.

No 114

1,

(Jnion Ins. Uo.

1884

.

ALFRED

$3,000,000 Oi
2,497,634 00
8a7,877 04
I,667,v4l)

07

PELL,

Jtutdeat Itanager.

f7.493,7f)l II

CHAS. J. MARTIN, President.
J. H. TTASHBURN, Secretary.

97 6*

PAYNE, VILEY &

jIQ

Wall

Street

CO.,

Cotton Commission Merchants,
LOUISVILLE, KY.
We

beg leave to

tve shall henceforth

to

their

call

the attention of

be in position to

requirements.

fill

COTTON SPINNERS

orders for

all

grades

to the fact that

of Cotton suited

Correspondence of Manufacturers' Agents and

Brokers

solicited.

From

the First of January, 1884, the services of Mr. H. V.

SANDERS

(late

of Cincinnati), have been secured to represent this Department of our business.

KE^V

YORK

COIMl,ESI>0]VI>EP»f TS

IJnUed stales JVational Bank.

Latham, Alexander

&

Co.