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inantial
AND
HUNT’S
MERCHANTS’
&
MAGAZINE,
fUwjspape*,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS
OF
THE
UNITED STATES.
[Entered, according to act of Congress, in tlie year 1883, by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. CL]
VOL. 36.
SATURDAY, JANUARY 13, 1883.
disasters
CONTENT8.
THE
■
CHRONICLE.
Canses for the Increased Fail¬
Imports and Exports for No¬
vember, and for the Eleven
ures
The Financial Situation
and Twelve Months ended
Nov. 30, 1881 and 1882
The Death of Gambetta antt
the Peace
Prospects
Railroad Earnings iu Decem¬
ber, and from January 1 to
December 31...,*
42
i Monetary
English News
43.
Honey Market, Foreign Ex¬
change, U.S. Securities, State
and
Railroad
Bonds
and
Bf/uiVa
and
4-Q
Range in Prices at the N. Y.
Commercial
Commercial and Miscellaneous
News
THE BANKERS*
NO. 916.
46
46
47
GAZETTE.
Quotations of Stocks and Bonds
51
New York Local Securities....
52
Railroad
Returns
53
Earnings and Bank
larger than another, not because of a growing
insolvency among merchants as a class, hut because the sur¬
roundings are a more severe test of capacity.
Furthermore, the addition to the number of failures,
may be only relative. Thus the past year was one of a
series during which the activities of the
country were mul¬
tiplying many fold, and the number of those entering upon
the mercantile profession increased largely.
Since 1878
the number in business upon which Messrs. Dun & Co.’s
Mercantile Agency base their reports has enlarged about
22
That is to say, their report at the close of
674,741 persons and firms in business, against
THE COMMERCIAL TIMES.
Commercial Epitome
822,256 at the present time. Bearing that fact in mind,
56 Breadstufts
62
Cotton
57 Dry Goods
63 it will be
understood why, during 1879, the first year of
specie payments, the number of failures was about 95 hun¬
dredths of one per cent of those in business, while
during
The Commercial and Financial Chronicle, is
published in the last year, notwithstanding the number of casualties
New York every Saturday morning.
was
larger, the percentage compared with the total in
[Entered at the Post Office, Ntew York, N. Y., as second-class mail matter.) business was only 82 hundredths of one
per cent.
To in¬
dicate this feature clearly we have prepared the
following,
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCEi
which
shows
ihe
total
number
in
For One Year (including
business, the total num¬
postage)
$10 20.
For Six Months
do
6 10.
ber
of
Annual subscription in London
failures, and the percentage of failures to the num¬
(including postage)
£2 7s.
Sixmos.
do
do
do
1 8s.
ber in business, each year since 1877, in each section.
Subscriptions will be continued until ordered stopped by a written
Stock Exchange
50
Investments, and State, City
and Corporation Finances..
54
per cent.
1878 covered
Chronicle.
V
'
...
order, or at the publication office. The Publishers cannot be responsible
tor Remittances unless made by
Drafts or Post-Office Money Orders.
Years.
Eastern.
|
Llrerpool Office,
1
The office of the Chronicle m
Liverpool is at No. 5 Brown’s Build¬
ings, where subscriptions and advertisements will be taken at the
regular rates, and single copies of the paper supplied at Is. each.
A neat file cover is furnished at 50
cents: postage on the same is 18
cents. Volumes bound for subscribers at $1 00.
WILLIAM B. DANA. \
JOHN o. FLOYD.
1
WILLIAM B. DANA & CO., Publishers,
79 & 81 William Street, NEW YORK.
Post Office Box 958.
CAUSES FOR
THE INCREASED FAILURES.
Pretty good evidence of the sound condition of mer¬
chants, as a class, is found in the published statistics of
failures for 1882.
We say
this unreservedly, notwith¬
standing the elaborate tables of Messrs.
show
the
R. G. Dun & Co.
increase both in the number of casualties and in
amount of liabilities over 1880 and also over
1881,
an
and
notwithstanding these facts, independently of all other
considerations, warrant the unfavorable interpretation
which has been so
widely given to them. It should be
remembered, however, that failures alone are no proof of
general or even of growing insolvency.
The truth is, there
always will be in every mercantile
community a great many who do not succeed. Not every
nian is; intended for. a merchant.
Many who make the
venture could be saved
by constantly rising prices alone.
In legitimate
business, however, the years are few that
yield large profits. Competition is active, the margin is
generally extremely small, and prudence, close attention
and cautious
management win the prize. The circum¬
stances, therefore, of one year may make the record
.
Middle. South’rn West’rn.
‘
Pacific.
&C.
Total.
1882.
Number in business
88,689
248,742
126,231
772
1,667
1.618
308,485
1,950
50.059
Number of failures
731
822,250
6,738
0-870
0-672
1-281
0-632
1*460
0-810
Number in business
87,325
118,606
1,439
43,038
772
£41,373
1,372
291,349
Number of failures
1,504
495
781,689
5,582
0-884
0-568
1-213
0-516
1-150
0-714
Number in business
85,774
835
275.672
1,171
38,494
723
237,062
1,472
109,821
Number of failures
534
746,823
4,735
0843
0621
0-760
0425
1-387
0*634
82,337
230,537
2,290
100,574
1,076
256,5^3
1,608
32.126
970
714
702,157
6,658
1-178
0993
1070
0627
2*222
0-048
79,765
1,734
229,385
96,297
674,741
1,415
240,933
3,436
28.381
3,199
694
10,478
2174
1-395
1-470
1-426
2*447
1-553
77,724
1,353
224,707
3,049
91,783
1,078
231,557
2,756
26.235
636
652,006
8JJ72
1-741
1,357
1-174
1190
2*424
1361
Percentage of failures
to number in business
1881.
Percentage of failures
to number in business
1880.
Percentage of failures
to number in business
1879.
Number in business
....
Number of failures
Percentage of failures
to number in business
1878.
Number in business
—
Number of failures
*
Percentage of failures
to number in business
1877.
Number in business
....
Number of failures
Percentage of failures
to number in business
.
The above statement not
only presents the facts already
referred to, but indicates further that the failures of 1881
in the Middle States were the least in number of any year
in this record, so that the increase this year is very small
in itself
as
well
as
small
compared with 1880, and much
less than in 1879: while in the
Eastern States there has
THE CHRONICLE.
40
been
difference in f he number of
no
failures during the
THE
and consequently in that section the percentage
has actually fallen off.
But the chief growth in numbers
and in percentage will be found, by the above table, to
have been in the Western States, though the Southern and
two
years,
Pacific States show an addition to
the
very
large percent-
‘
late years.
further and claim that the situation, as
disclosed by these figures, eyinces great strength among
mercantile classes, this small percentage being a result at¬
tained after a very severe ordeal; for the year’s business
lias been of an extremely trying nature.
Had credit been
dangerously expanded, as those claim who predict evil, the
same conditions would
have long since produced a revulsion ending in a panic and universal discredit, for the year
began with very high values, and has been continued with
'.prices first weak and then declining from month to month,
except for a few articles, such as corn and provisions,
which have been in unusually small supply. Nor is the
full force of this decline indicated by any ordinary table
of prices, as the downward movement has extended to
nearly all manufactured articles, and been accompanied
during the past few months with slow sales and accumula¬
ting stocks, a widespread crop disaster having preceded the
decline, forcing the country to secure even many articles
-of food from Europe, and very materially lessening the
purchasing power of the producing classes. The truth is,
we
go even
t
•
•
-
great activity which began in Wall Street with the re¬
sumption of specie payments, and from thence extended
-to all departments of business, giving to railroad building
-dts remarkable impulse, greatly stimulated manufacture
-everywhere; and when the crop failure and the check in
railroad enterprise began to be felt, the reaction that set
the
industries with producing capacity largely in*
increasing. And yet our merchants and
manufacturers have with few exceptions successfully met
these conditions. To-day their position is promising. The
raw materials are all low, prices of goods are felt to be
safe, and before 1883 closes, the effect of abundant harvests
in fell upon
-^creased and still
will be
seen
in
a more
active demand.
Why the West and South take the lead in this list of
failures it is not difficult to understand.
The actual loss
in those sections through the bad harvests of 1881 was far
*
general and severe in its effects than early estimates,
the results only making themselves clearly manifest as the
summer of 1882 progressed.
To show more fully the
difference between the sections, we give the following
comparison for the two years.
more
1881.
1882.
States.
No. in
Busi¬
ness.
v
J Perc’tage of Averse
1 ail-
pail-
uree.J
ureg.
Liabili¬
ties.
No. in
Busi¬
No. of
Fail¬
ness.
ures.
Perc’t-
age of
Fail¬
ures.
Aver’ge
Liabili¬
ties.
.
•
772 1 in 113 $14,341
772 1 in 114 $17,475 87,325
88,080
Middle
248,742 1,607 1 in 149 24,826 241,373 1,372 1 in 176 23,998
Southern 120,281 1,018 1 in 78 12,997 118,606 1,439 lin 82 11,445
Eastern.
..
Western.
Pacific &
Territ’s
Total TT.ft
V
308,485 1,950
50,059
;oo9 nr.
1 in 151
731 1 in
66
1 in 19‘> *
1 in 194
10,369
87
10,295
5 070 7* 1,6*9 5.582 1 in 140
$14.360
9,753 291,349 1,504
9,101
43,036
495 lin
SITUATIONS
to note in commercial or
Speculators as well ;'as
merchants appear disposed to await, not only the action of
Congress upon the tariff and other fiscal measures, but also
the operation of those natural forces of which deficient
and abundant crops are just now the leading influences
This condition of affairs may be changed at almost any time*
by events of sufficient importance to influence the markets
but present indications make it probable that the prevail¬
ing dullness will continue for a time at least.
The fact which has perhaps puzzled the street this week
more than any other, is the continued firmness in
foreign
There are the best of reasons why theVates
exchange.
should decline, but contrary to general expectation the
market remains steady and at the moment very strong.
We showed in our last, that the November trade figures
of the previous year. We should say, in passing, that
the Pacific condition is special, having very little reference
to the business situation in other sections, and that the
record for the Southern and Western States is due to wellknown causes which we shall refer to later on.
In a word,
then, this analysis bears out our remark above, that although
there has been an increase in the number of business disasters, the percentage of failures compared with the num¬
ber in business not only indicates no unsoundness, but is
really less than might have been anticipated, especially
when we remember the great activity in enterprise during
Still
FINANCIAL
There is very little change
financial circles this week.
age
.
r^oL, xxx\i.
recorded
a
balance in
our
favor of about 26 million dol¬
lars; that the December balance was likely to be at least
equal to and probably somewhat in excess of that total;
and now January points to a similar result, while the
large surplus of our crops still on hand and the decline in
the prices of general merchandise, indicate that exports
must
keep up well ; at the same time, imports—
judging from the slackened demand for consumptioncan hardly fail to fall off considerably.
Still, notwith¬
standing these are facts with regard to our foreign trade,
past, present, and prospective, we find not only a scarcity
of commercial bills, but such a demand for them that
they are readily sold when offered,
It does not seem easy to account for this inquiry. The
importers are taking very few bills for remittance ; the
demand appears rather to come from bankers, and it is so
active that they are giving full rates for commercial ster¬
ling, francs and marks. Nor can we ascertain that these
.
bills
are
wanted for the purpose
*>f paying for stocks and
brought from Europe; it appears rather that while
there has been and still may be, some property of this
character sent home, the current movement is about
balanced by outgoing securities.
The only plausible
explanation seems to be that there is still an adverse
trade balance standing against us unliquidated. But
even that view is a little difficult to accept.
For the
five months of this fiscal year closing with Novem¬
ber the net trade balance in our favor—counting silver
as merchandise
and allowing for the gold imports—
was about 22 million dollars.
This the December total
should bring up to nearly if not quite 50 million dol¬
lars. Besides, during the same six months, some bonds
have been placed abroad, and the indications were, until
recently, that the general movement of securities was
towards London.
Best judges have usually estimated that
100 millions a year would liquidate our annual indebtedness
for interest, freights, &c., and anything above that amount
standing in our favor would have to be remitted for ia
gold. As these figures show over 50 millions paid by us
in goods and securities during the six months ending with
January 1, there seems to be good reason for the opinion
all along expressed by us that a turn in the exchanges
might be expected during this month. At all events it is
hard to see how such a change can be much longer delayed,
if our trade continues to
bear the character it has
recently assumed.
The continued dull and dragging condition of the stock
market has encouraged the disposition among some to
accept the exaggerated statements of the difficulties m
the commercial situation, which speculators are continually
bonds
giving currency to, for the purpose of
depressing mu#*
January
XU
Dial
or
'ell
4 as
itioxi of
3ut also
eficient
uences.
time,
larkets,
iy
prevailis week
foreign
le Vates
ion the
strong,
figures
ion dolat
t
least
total;
Je have heretofore shown that the facts did not warrant
I jjipge evil forebodings, and this week in a previous column
*e analyze the failures for 1882, proving that there is
nothing in them to support such views, although they have
used for that purpose. The truth is, there has been
no little disappointment felt among many because the har¬
vest was not immediately followed with buoyancy and
activity.
But no better reason can be urged for
expecting that, than existed for supposing depression
would immediately follow the previous crop failure.
Under natural laws cause and effect seldom follow one
another quickly.
We were rushing along under very
high pressure in 1881, and we entered well upon 1882
before the momentum was arrested; now, to look for a
renewal of activity before the last crops have been turned
into cash and another year of plenty is at least pretty
the basis for a
cline in
Just
notwith-
trade,
scarcity
1
jm
that
and
41
8.
Jan. 9.
Jan. 10.
Jan. 11.
Jan. 12.
,
Lond’n N.T.
price*.*
Lond'n N.T. Lond’n N.T. Lond’n N.Y. Lond’n N.T.
prices. prices* prices. prices.* prices. prices.* prices. prices.*
prices-
D.S.4a,-c. 119-43
U.8.3%s
10244
Brie
2d
102
3956
119%
162
•
sm
40-21
40%
97 68
97
97-58
97
[11. Cent.
143-46
N. Y. C..
126-71
143%
126%
Reading
27-07+
55
Ont.W’n
20-21
20
St. Paul.
105*83
105%
con.
119-56
10254
.
14458
144%
12723
127
11965
119%
119-07
119%
119-67
102 54
102
119%
l(:2-40
102
102*40
102
89-97
39%
4001
40%
39-89
39%
97-68
97
97-30-
97
97-30
97%
144%
126% •
56%
14507
145-23
120 84
126-97
14 4% 145-22 144
126% 126-97 120%
27 97t
27-82+
55%
54%
20-24
20 27
20
26%
107*16 100% 100-51 106%
27-941
50
20-48
20%
10710 100%
27 73+
2027
10054
28
10SH
ffxch’ge,
cables.
4*85*4
4-80
4*80
4-80%
4-88%
v
Expressed in tlieirNew York equivalent.
t Reading on basis of $50,
par value.
Money on call has been in good supply during the week.
important feature is that the rates of exchange
on New York at interior
points are now gradually turning
The most
in favor of this centre.
This is the
Chicago, where
50@75c.
per
$1,000
premium
; at St. Louis it
seem to be without warrant.
Our
is par ; at Savannah it is
£ of 1 per cent premium, and at
people lost immensely in 1881, and at a time too when we
New Orleans the rate of discount is also
were spending with a very liberal hand.
decreasing. If
The past sum¬
the current should set this
mer has not only saved us from disaster, but has
way very strongly and if thegiven
well assured, would
that the
ption—
Jan.
Deen
lile the
exports
lports—
THE CHRONICLE-
13,18b3.]
new start as
soon
as we
can
be
assured
product of 1883 is to be favorable.
now
the commercial outlook
both
favorable
for
the
In the first
interests.
to
us
appears very
farming and manufacturing
place, there is
every
promise that
crops, not only this season but next fall, will find fa
vorable markets.
The Mark Lane Express of the 25th of
December states that in Great Britain and on the Conti¬
our
nent the acreage
in grain will be, by reason of the floods
and rain, one-third less than this
year.
This would seem
not only to
insure a. fair return for all our
present surplus, but a good
demand
for
our
next
crops.
on
Then,
the
other
hand,
our
manufacturers start the year with the prices
of all
former
seasons.
That
movement should be
for the past two or
be easy,
as
decided this
three
encourages trade.
After the 1st of
movement
April there is usually
interior movement
for the
was as
settlements
Currency
story we have repeated for
many weeks is true yet, and that is that the stock market
has been dull about all the time.
The transactions have
fallen from about 300,000 shares
per day to less than half
that amount, and on
of leading
were
within
a
very narrow range.
Each
day the market has been advanced just before the close, as
if to
encourage holders and to induce purchases, but un¬
less the leaders succeed in
imparting more activity
it is possible that
present holders will become im¬
patient and sell
out,
thu3
which the
chief
operators
are
Received.
Shipped.
$650,000.
18,000
$2,545,000
bank
statement
was
made
$650,000
up on
averages. Considering this fact, the following
cate the character of this week’s return.
rising
will indi¬
-
Into Banks.
Sub-Treasury operations, net...
Interior
Thursday and Friday the fluctuations
stocks
a
at that
$2,527,000
Last week’s
ex¬
same
not fail to
follows.
Total
Of Wall Street the
it has been.*
temporary
period.
In this connection one fact is
deserving of mention, ancf
that is that the drain into the
Treasury for customs is.
light, and it may be expected so to continue if our
imports fall off as they promise to do, so that while the
surplus of the Treasury may be so low as to prevent.
further calls for bonds, the %anks will not
require this
relief because of the
lighter demand for customs. The
Treasury operations for the week appear to have resulteJ
in a loss, which is a
gain to the banks, of $99,301. The
outward
this
appear
season as
notwithstanding the small balance the Treasury
holds.
Gold..."
hope, and the commercial prospect would
tremely promising.
at
years^/money could
Receipts cU and Shipments from 1V. T.
condition^always
case
the rate is
movement
Total
The Bank of
$09,301
Out of Banks
$
Net Sain*..
$99,301
2,545.000
650,000
1,895,000
$2,644,301
$650,000
$1,994,301
England
return shows a gain of £264,000
bullion for the week and a further increase of
£88,000 oa
balance on Thursday and
Friday. The proportion of reserve
by a decrease of
over
£4,500,000 in public and other deposits. The state¬
adding to the load ment of the Bank of France
exhibits a loss of 7,425,000=
carrying. The great francs
to
liabilities
was
increased 7 13-16 per cent
gold and of 3,200,000 francs silver, and the
Germany, since our last, reports a gain of 14,400,000
marks.
The following indicates the amount of
legitimate business has not been sufficiently productive
during the past year, and the money they put a year ago bullion in the principal European banks this week and at.
the corresponding date last
in stocks and
year.
staples has been swept away, making them
feel unable, or at least
Jan. 11, 1883
Jan. 12, 1882.
indisposed, to undertake such ven¬
difficulty is,
that non-professional speculators have at
present very little
money to risk in these ventures. Their
tures for the
present.
ket is
largely
r
it baa
he
stock
to
•ulties in
some
atinually
value®*
j
Bank of
Then, again, the fact that the mar.
Gold.
Silver.
Gold.
Silver.
cliqued, while some of the best of the prop
*
M
M
M
erties offered are under a
cloud, deters investors. Stocks Bank of England
20,617,444
20,262.174
ttat have hitherto been
Bank of France
37,898.852 43.182,654 25,90^,382 45.795,46#
regarded as reliable for invest¬ Bank of
Germany
6.539.750 19,619,250
7,033,787 21.101,363
ment have now become
speculative to a very large extent, Total
this
week
65,550,083 64,284,017 52,707,306 65,414,71#
tod future dividends
at current rates are not
65.403.083 63,872,017 52.654.236 65,417.640
fully assured. Total previous week
Hence even large railroad
earnings have but little influGovernment bonds continue' active and strong with the
There appears at the moment to be
very little doing principal dealings in the new 3s and the 4 per cents, and
to
securities between this market and
London, and the some holders of the latter are taking advantage of the
allowing yrill show relative prices at the opening each day. high premium and are selling and re-investing
in the 3a*
THE CHRONICLE.
42
[Vol. XXXVl.
first of the great nations.
Nor was this mere suspicion or
Assay Office paid $184,276 through the Sub-Treasury
for foreign and domestic bullion, and the Assistant Treas imagination regarding the French statesman. It was a
policy openly avowed and frequently and emphatically
urer received the following from the Custom House.
enunciated.
The Alsatians and Lotharingians, who
sigh
Consisting of—
for restoration to France, looked to Gambetta as their
Duties.
DetU.
Cold,
Silver Cer¬
XT. 8.
Cold.
champion; and their presence at his funeral and their
Notes.
Certif.
tificates.
tribute at his grave testified to the sense of loss they had
$47,000
5..
$19,000 $24,000 $383,000
Jan.
$473,814 23
The
«<
6..
505,121 82
.44
8..
327,389 44
M
9..
485,297 32
362,750 61
336,680 84
12,000
20,000
40,000
25,000
22,000
27,000
21,000
50,000
45,000
52,000
381,000
85,000
sustained.
237,000
49,000
62,000
56,000
61,000
Gambetta
332,000
237,000
201,000
The annexation of Tunis
was
a-:
concession to
by the government of the hour; and if his will
followed, the joint control would to-day have
10..
11..
existed in Egypt.
Total. $2,491,054 26
$360,000
$138,000 $219,000 1,771,000
Gambetta was, therefore, in a sense, a living source of
disquietude to the outside nations. His advent to power
was
looked forward to not only with anxiety, but with
TEE DEATH OF GAMBETTA AND THE PEACE
44
U
*
The space which
PROSPECTS.
had been
alarm.
In such
an
event
a
revived
war
with
Germany
would have been almost
a certainty.
the deceased ex-Dictator, Leon GamIt would have re¬
betta, filled in the public mind of France and of Europe quired but the opportunity, the cause, or combination of
generally, has been amply illustrated by his death. It ^causes, the necessary international complications. These,
might not be fair to say that he has been sincerely or gen¬ ,when wanted, are seldom far to seek. Such a war is not
But there can be no two opinions as to to be contemplated alone. It means a contest in which
erally lamented.
the importance attached to his death.
In France opinion the whole of Europe would be engaged. It is quite pos¬
was divided.
Latterly Gambetta had allowed himself to sible that Gambetta as Prime Minister ef France, or Gam¬
drift away from the more extreme section of the Radicals. betta as President of the French Republic, might have
He was no longer in sympathy with them, and they' felt been a very different man to Gambetta as the Deputy or
as if he had deserted them.
But he showed no disposition as the President of the Chamber.. But we must deal
From Royalists and Im¬ with men as we find them; and as we have no evidence
to rush to the other extreme.
perialists he#held equally aloof. It is safe, we think, to say that the ex-Dictator had changed his opinions, we have
no choice but to conclude that however the death
that he was sincerely devoted to the Republic.
may be
A foreigner by extraction and an Italian like the First felt by the French, it has been an apparent gain to the
Napoleon, like him also he was the most representative cause of European peace. With Gambetta has passed
Frenchman, of his time. In the dark days which followed away one principal source of European disquietude.
Of this we have had abundant proof in the tone and
upon the German invasion, it was he and he alone who
raised the nation from its knees, and though affairs were language of the German press.. All ranks and classes of
desperate, put it in an attitude of defense. His services the German people show most evidently a feeling of
Even leading statesmen show this unmistakably.
at that time had given him a firm hold upon the affections relief.
of the French people; and to his call more promptly and Prince Bismarck has all along recognized the influence of
more willingly than to the call of any other living man
Gambetta.
He was the one man in France whose movefor any great national purpose, they would have responded. ments he watched.
Now he feels as if his work were
No one can deny that Gambetta was ambitious. As little, done.
We are assured that he openly talks of retiring
however, can any one affirm that he ever abused his power. and enjoying that leisure which has been so long denied
His action in the matter of the scrutin de liste gave birth in him.
We need no higher proof of the importance
many minds to grave suspicions.
It was feared that his attached by the German mind to the individual man Gam¬
ultimate object was the Dictator’s chair, and that his elec¬ betta.
It would seem also as if the feeling of relief had
tion reforms were conceived more in the interest of Gam¬ reached England.
It can readily be understood that Mr.
betta than in the interests of France.
Such suspicions, Gladstone’s health has suffered from his late severe exer¬
however, were immediately disarmed by his prompt re¬ tions. It is noteworthy, however, that simultaneously
tirement from office; nor was there anything in his subse¬ with the death of the great French statesman, his physi¬
quent conduct fitted to create suspicion as to the purity of cians should have discovered that the Prime Minister
his motives.
would be benefitted by a visit to the south of Europe. It
How far the death of Gambetta at the present" juncture is probable enough that Prince Bismarck may postpone his
is to be regarded as a loss or a gain to France, is a prob¬ long-meditated retirement.
It is quite probable, also, that
lem not easy to solve.
the
of
Gambetta
has
little to do in reality with
death
but
It might be found a labor of equal
ease to sustain the one position as the other; and there the proposed temporary retirement of the British Premier.
can be no doubt that the value of the individual life to his
But we have still to do with the appearance of things; and
country is subject to various and diverse estimates. His we know that in the present instance the appearance is not
death, however, has a special interest to the outside world out of harmony with the fact. In a certain sense, as has
—an interest not
wholly apart from France, but an inter¬ already been shown, Gambetta was France; and in that
est in which France is only of secondary importance.
It sense he was a menace to the peace of Europe. That
was, in one sense at least, unfortunate for him that all, or menance has ceased to exist, and there is corresponding
Almost all, his great schemes for the restoration or aggran¬ relief.
dizement of France touched foreign nations.
It would be wrong to conclude that the condition of
If he had
been merely a domestic legislator, France might have Europe is permanently affected by the death of even such
grieved or rejoiced at his death, but the outside world a man as Gambetta. The power that directs the destiny of
would have been comparatively indifferent. The name of nations is mightier than individual will: and the inevitable
Oambetta, however, was identified with what men are in tendency of events is not to be permanently arrested by the
the habit of calling a vigorous foreign policy.
It was placing or removing of any single obstruction. There is
-associated with revenge for so-called national wrongs, with much that is unsettled in Europe at the present time.
the reclamation of lost territory, with the restoration of The Balkan peninsula must sooner or later become a
France to her former proud position as one of the very fresh cause of quarrel between Russia and Austria ; and
_
January
THE CHRONICLE.
13, 1863 ]
future Gambetta may find his opportunity,
event, to engage the attention of Germany.
some
1m
in such
But for
43
railroads, there
the
may not
falling off in the
On the trunk lines, this
be
volume of other kinds of traffic.
a
would not be of any great consequence this year.
They
present no such dangerous complication is to be appre
bended. France is without a great leader, and the Ger carry such a mass of through produce, and carry it, too,
man-Austrian alliance has been renewed for the nominal all the way from one end of their lines to the other (many
of the Western roads carry it only short distances to the
period of twelve years. Under the circumstances, and
nearest interior receiving point), and moreover had so little
even while France mourns, the outside nations are not to
produce last season and are certain to have so much more
he blamed if they entertain a sense of relief.
the
this
season,
and at far better rates, that with them the
BAILROAD EARNINGS IN DECEMBER, AND prospect is reasonably good for better receipts anyway^
whether general freight decreases or not.
FROM JANUARY 1 TO DECEMBER 31.
In the case of roads not thus situated, however, a falling
The December statement of earnings is not quite so satis¬
off from the cause mentioned, cannot be so lightly passed
factory as those of the months immediately preceding. The
over. It is known that all branches of industry are now feel¬
figures (taking the roads as a whole) still record improve¬
ment on the corresponding period of the preceding year, ing the effects of the short crops of 1881. The contraction
hiit the increase is small, when it was expected to be in railroad building, with the depression in the iron and
steel trades, is one of the evidences of this most frequently
heavy, and in one important section at least—the NorthThe most
west—some of the larger companies are falling behind. cited ; but it is, perhaps, the least significant.
It is true that our table does not include any of the great striking effect, in fact, is seen in the decreased activity in
east-and-west trunk lines, which
known to have had
are
a
heavy traffic at paying rates, but neither were these
included in other months, so that there is no change in the
basis of comparison. The fact, then, remains that on this
basis the exhibit is less favorable than in any other
recent month since last June, when there was a decrease.
Some may be inclined to trace a connection between
war in the Northwest, and the smaller earnings by
roads in that section, but ther& would
basis for such
seem to
the
the
at
Chicago.
some
of
Then the
it also from the
war
of. rates
South—especially
embraced in the strife.
on
The low rates stimu¬
lated
shipments, not only of grain but of all kinds of
freight, there being an evident desire to take advantage
of the low rates to the seaboard while
they lasted, no one
feeling
■
that the warfare would not at any moment be
terminated and rates restored. Especially was this the
case
during December and January when reports of an
impending settlement were very numerous and had more
than the usual
grain of truth in them. This year there
was no such
stimulus, and with farmers loth to dispose of
their produce at
present figures, a- disposition is natural to
sure
hold it back for
higher prices
But to what extent, if at
all,
these circumstances, it is
later on.
earnings were affected by
impossible to say. It is certain,
however, that such influences, if they have existed, can
have no
permanency this year—that is, they must soon
cease to
be
a
the crops are
factor in the situation—for it is evident that
less
GROSS EARNINGS AND MILEAGE IN DECEMBER.
Mileage.
Oross Earnings.
Name of road.
S
Burl. Ced. Hap. & Nc.
Cairo Sc St. Louis*
Central Iowa....
+ 13,250
-5.616
+ 34,480
32,870
27,254
120,570
86.096
120.122
-17,893
1102.229
1.9G8.000
2,225,179
—257,179
§41.457
§32,711
Chesapeake Sc Ohio*.
187,077
Chicago Sc Alton
699.323
133.736
646,812
153,113
+ 8,746
+ 53,941
+ 52.511
Central Pacific
Char. Col. Sc Augusta*
Chic. <fe Eastern Ill
Chic. & Gr. Trunk!...
Chic. Mil w. & St. Paul.
135,782
‘229,742
1,964,000
Chicago & Northwest.
1,718,379
Chic. St. P.Minn. Sc O.
Cin. Ind. St. L. &Ch..
Cleve. Ak. Sc Col
Columbia Sc Greeny.*
Col. Hock. Val. Sc Tol.
375,796
189,956
39,676
Detroit
Eastern......'!'.
East Tenn.Va. Sc Ga..
Evansv. Sc T. Haute..
Kan.City Ft.S.A Gulp
Lake Erie Sc Western.
Little Rock Sc Ft. S...
Little Rk. M. R.&Tex.
Long Island
Louisville Sc Nashv...
Milw. L. Sh. & West..
Minneap. Sc St. Louis.
Mo. Kau. Sc Texas
Missouri Pacific.
Mobile Sc Ohio
;
302.957
52,705
+
2,171
+ 37,348
241,447
140.068
239,891
194,336
583,085
180,390
192,622
306,159
105,624
+ 101,379
4“ 45j*)55
-39,993
‘
153,959
205,212
377,821
111,285
124,475
80,070
45,700
156,868
1,221,215
76.5H5
147,761
665,860
736,669
307,643,
225.070
329,361
§46.092
1,331.952
105,163
-6,049
-26,431
+ 12,590
+71,662
+ 5,661
+ 16,358
+ 17,138
+ 12,296
+ 19,853
+ 67,436
+ 14,740
+ 21,167
+178,010
+ 134,223
+ 48,831
-17,783
108,117
62,932
‘
.....
Total
+8.208
+ 1,083
+30,730
168,820
44,025
N. Y. Elevated
Norfolk & Western...
217,328
Northern Pacitic
564,749
Ohio Central
76,599
Ohio Southern
39,157
1...
Peo’ia Dec.&Evansv.*
34,956
Rich. Sc Dauv.*
§188,300
St. L. A.&T.H.m.line^,
110,436
Do do (branches)^ ^=£4,090
St. L. Iron Mt. & So...
7iM05
330.424
St. Louis & San Frau..
90,348
St. Paul Sc Duluth
8t. Paul Minn. & Man.
753,516
Scioto Valley
46,938
Texas Sc Pacitic.
641,044
Tol. Cin. & St. Louis..
79,633
Union Pacitic
2,294,000
Wisconsin Central....
26,490
74.638
248,308
543,092
Virginia Midland*....
+ 10,861
-20,668
-183,728
—5.205
’
626,728
37,976
Metropol. Elevated..
Wab. 8t. Louis Sc Pao
37,974
§42,311
261,223
54,876
206,168
..
—56,819
—5,853
+ 1,702
432,615
195,809
§53,172
Lans’g & No*.
Flint & Pere Marq.
Gr. Bay Win. Sc St. P.
Gulf Col. Sc Santa Fe.
Hannibal Sc St. Jos...
Illinois Central (Ill.)..
Do
(Iowa lines)..
Ind. Bloom. Sc West...
InternT Sc Gt. North..
1,855,477
240,555
443,000
21,285
82,846
249,391
333,687
Deuv. & Rio Grande..
Des Moines & Ft. IV.
-17,331
+ 90,019
+ 109,731
-137,098
139,723
1,854,269
6
33,404
137.015
1,153,779
61,845
126,594
487,820
602,446
258,812
■
242,853
+ 61,694
+ 11,629
+ 215,025
267,667
.
205,699
349,724
90,020
34,168
—13,421
+ 4,989
—5,811
+9,000
+ 13,501
40,767
§179,300
96,935
74,192
709,498
287,914
76,779
528,263
43,762
401,058
74.044
2,267,000
§48,497
1,294,657
94,697
1882.
1881.
$
$
232.812
24.6,002
Central Branch U. P.
Increase cn
Decrease.
1881.
1882.
large.
Still, the thought suggests itself—
and it gains some force from the decreased
figures on the
roads in the Northwest—whether as a
partial offset
to the increase
in agricultural products moving over
are
a
the trunk lines
last year, while it was
very disastrous to the roads en*
gaged in it, had the effect of swelling, for the time being
at least, the traffic on the lines further
west, which
were not
New ventures
frequent and a
feeling of caution prevails, which makes men slower to act,
and has the effect of reducing business operations.
How
long this will continue it is not o'ur present purpose to
inquire ; but so long as it does continue, it cannot fail to
be an adverse circumstance with all railroads, and thus this
may in part account for the less favorable figures of the
past month. Following are the details for December :
be little
belief, in view of the fact that rates were
restored before the 15th, while it is the latter half of the
month that makes the least satisfactory showing.
On the other hand, there are undoubtedly one or two
particulars in which December, 1882, was not as favor¬
able to railroad
business as was December, 1881.
The crops were
larger this season than last, but
the movement
was
restricted this
year by reason
of the lower prices prevailing, while last year it was
quite free by reason of the high prices then ruling. Our
figures of the receipts of grain at Western ports during
the month, given further below, show a heavier movement
than a year ago, but it is not believed that Northwestern
roads derived much benefit from this, since no doubt a
greater proportion of it than last year came from the
Southwest and
all business circles.
*
—10z
+71,807
+ 51.510
+ 13,560
+ 225,253
+ 3,176
+ 239,986
X +c,589
+27,000
847
240
335
589
146
303
244
2,775
308
430
847
235
330
4,455
3,476
4,104
3,018
1,147
985
363
363
144
296
141
296
322
322
1,160
1,062
110
226
283
902
157
345
225
482
292
919
402
684
775
87
226
283
900
144
318
219
373
292
919
402
544
168
170
328
775
340
385
168
170
328
2,028
2,028
306
455
363
1,296
1,115
979
528
18
14
796
423
425
1,419
972
212
365
385
212
128
254
757
195
121
816
275
528
18
14
128
248
757
195
132
121
718
643
184
855
132
1,387
1,089
661
194
1,020
565
446
3,750
3,650
353
353
+ 37V295
3,518
3,348
+10,466
337
337
-+£,405
,
689
146
388
244
3,167
308
520
23,573.879 22,170,065 + 1,403,814 47,336 43,387
Three weeks only of December in each year,
t For the four weeks ended December 30.
*
*
Figures,this year are approximate and
the actual will be.
§ Freight earnings only.
.
understood to be below wnat
THE CHRONICLE.
44
It will be
seen
[VofcKXXXVr
NOVEMBER GROSS EARNINGS OF LOUISVILLE <fc
that Western and Northwestern roads,
main, compare unfavorably with December of the
previous year. The Chicago & Northwestern has a de¬
crease, and so has the Chicago St. Paul Minneapolis &
Omaha in the same section; but such roads as the Chicago
& Eastern Illinois,Illinois Central, and Columbus & Hocking
in the
Miles.
Divisions.
1852
17-3
110-3
33-8
259 1
1191
1890
10-5
135-2
Main Stem
Bardatown Branch....
Knoxville Branch
Richmond Branch....
Memphis Line.
Nashville & Decatur..
So. & No. Ala. RR
Valley, also record smaller receipts than a year ago, while Glasgow RR
other prominent companies in the West—notably the Henderson Division...
Wabash—do little
other
more
than hold their
On the
own.
hand, roads that have a share in the increased trade
of the Southwest, show the effect of that cir¬
and crops
the same mileage as in 1881, increases its earnings $52,511, and the
Hannibal & St. Joseph $45,555, while the Wabash with
170 additional miles of road increased its receipts only
.$37,295. But it is not till we come to the Southwestern
roads themselves, that we find what may be termed really
heavy increases. The Missouri Kansas & Texas records a
very large gain, as does the Missouri Pacific,-though the
Thus the Chicago & Alton, on
cumstance.
.
Iron Mountain has
a
somewhat smaller ratio of increase.
have returns, are conspicuous
•exhibits—as witness not only the Texas
we
for their excellent
& Pacific, but the
-Gulf Colorado &; Santa Fe and the International & Great
Northern.
•
In
minor
degree, too, the same may be said
roads, the large cotton crop, their most
important source of traffic, being the favorable influence
of all
a
Southern
To show how the cotton movement in the two
at work.
compared, we give the following table of the re¬
ceipts at the Southern outports in December of the last
years
two years.
RECEIPTS OF COTTON AT SOUTHERN PORTS IN DEC.,
Galveston
bales.
1882.
1881.
145,769
86,033
2,675
299,779
60,797
3,577
Indianola, «fcc
New Orleans
329,027
..Mobile.
-Florida
^Savannah
60.651
Brunswick, &c
-Charleston
...
Port Royal, <fcc
Wilmington
Morehead City,
Norfolk
West Point, «fcc
<fcc
3,955
147,407
1,319
103,241
2,655
25,818
5,570
1882 AND 1881.
Difference.
-
8,193
141,179
1 .206
88,403
1,950
29,893
145,362
47,538
4,449
116,258
37,311
1,021,889
873,131
Inc..
Inc..
Inc..
Dec.
Dec.
Inc..
Inc.
Inc.
Inc
Dec.
Inc
Inc
Inc
.
„
.
.
•;
.
59,736
902
29,248
146
4,243
6,228
Basis of 1880
Inc
shows
total
1881.
$
$
$
240,726
2,017
29,250
4,392
166,310
225.479
90.530
102,272
109,271
......
Lexiugton Branch
121,546
101,158
133,220
671,186
677,634
743,32
76,085
92,920
73,355
65,003
89,618
71,603
.
84,03
105,72
100,44
......
305
543
2,678
11,787
3,314
13.299
13.303
14,238
2,599
3,302
944,214
938,593
109
66
28
19
11
4
....
Shelby RR
Narrow Gauge
Transfer Railway
Basis of 1881
3d,339
72,343
36,135
4,337
118,198
92,705
109,696
1,597
78,012
1,250
689,143
74,910
26,371
1,512
4,129
1,094
11,019
2,028
per mile—
Whole system
On basis of 1879..
$
251,894
2;i88
4,562
119,948
90,631
1,289
63,998
1882.
234,266
2,375
33,686
1,791
Cum.& Ohio—No. Div.
1,480
4.811
1,563
92,309
36
3,17
13.48
86,398
28,959
2,467
6,652
1,256
10,857
1,057,628 1,200,902
1,059-5
650
650
527
634
-
521
639
592
701
As remarked at the outset, our
not
table of earnings does
contain any of the great east-and-west trunk lines, but
there
in it
few roads like the
Chicago & Grand Trunk
and the Lake Erie & Western, which are more or less influ¬
enced by the course of trunk-line traffic, and these have
larger earnings than a year ago. Among the Pacific roads
the Union Pacific maintains its earnings of last year, while
the Northern Pacific continues to make heavy gains. In the
extreme Northwest the St. Paul Minneapolis & Manitoba
still remains conspicuous for the growth of its receipts.
In the same section the ‘Burlington Cedar Rapids &
Northern, unlike the St. Paul & Omaha, exhibits a small
improvement upon 1881. To show, in a measure, how
Western and Northwestern roads were affected by the
grain movement in the two years, we give below the table
alluded to above, of the receipts at the principal lake and
river ports of the W6st.
*
are
a
,
RECEIPTS OF FLOUR AND GRAIN FOR FOUR WEEKS
113
ENDED DEC. 30.
Flour,
Wheat,
Corn,
Oats,
Barley,
bbls.
bush.
bush.
bush.
bush.
Bye,
bush.
>
4,075
1,121
29,104
10,227
Chicago—
1882
....
1881
Milw’kee—
1882
1881
St. Louis—
1882
1881
Toledo —
1882
1881
Detroit—
1882
1881
Clevel’d—
1882
1881
Peoria—
1882
1881
Duluth—
1882
1881
....
143,758
....
....
This
1880.
-.72*
Cincinnati Division...
....
Total
208
180
141
5
30:5
50
45
St. Louis Division
Mobile iV Montgomery
N. O. & Mobile
Pontchartrain
Cum. & Ohio—So. Div.
Selma Division.
Pensacola Division...
Pen. & Selma Div
14,838
70
1,059-5
1879.
Earnings
Pacific, which is getting the benefit not only
-of the abundant yield of cereals in Texas, but also of the
heavy cotton crop in that State, leads all other roads in
our table this month.
In fact, all the Texas roads from
The Texas &
which
Basis of 1879
,
NASHVILLE.
5,616,423 2,473,845
2,290,566 1,534,966
624,326 180,358
326.689
136,184
1,615,352
640,691
345,368
1,104,456
1,165,352
138,240
71,900
273.958
245,096
236,890
750,396
477,055
54,497
83,475
143,813
125,369
1,008,007
494,870
1,609,650
1,190,500
373,338
433;509
360,367
428,869
30,203
23,728
683,252 74,341
receipts of over a million bales, or
6.012 10,123
571.430
244,22"
4,813
589,016
gain on the previous year of pretty nearly 150,000
3,593
37,000
4,121
221,474
280,028
49,952
bales.
The effect upon earnings is quickly noticeable in
74.543
791,841
65,266
105,437
23,496
•the case of roads which, like the Mobile & Ohio, are so
1,124
83,317
62,181
75,430
168,669
32,543
3,000
14.200
5.240
40,920
115,570
117,760
.greatly dependent upon cotton traffic, while on roads like
975
47,006
77,600
87,400
26,900
12,219
the Louisville & Nashville, which may be supposed to
78,600 64,000
25.250
549,725
823,725
5,386
have a greater proportion of general traffic, the effect is
72,000 63,600
426,200
35,750 1,085,775
6,000
less marked, though it is to be said that the latter road, on
436,196
its Mobile & Montgomery division, carried not more, but
of all
less, cotton than in December, 1881. As bearing upon Total
1882
854 305 5,687,908 8,940,304 1.061,450 1,903,914 340,181
561.532 2.753.706 5.081,599 2.821,298 1,828.499 250,836
1881
the growth of traffic on the Louisville & Nashville, we
have received the detailed statement of earnings, by
December completes the year, and we can now compare
divisions, for November, and give it below.- It is inter¬ the full twelve months in 1882 and 1881. The showing
esting as showing that although, when we take the system that our table makes is an eminently satisfactory one,
as a whole, the earnings per mile
(owing to the large ad¬ especially when we consider that the year was in many
ditions within recent years of new road with but a light respects
peculiarly unfavorable. The crop deficiency of
the
summer
of 1881, so often referred to but yet always
traffic) exhibit a falling off from $650 in 1879 to $592
in 1882, this does not correctly reflect the condition - of
necessary of mention in any review of the year, was th®
business on the old mileage.
this
On
mileage the earn¬ factor of greatest moment. Wheat, corn, provisions,
ings have risen from $689,143 in November, 1879, to cotton—all sustained an extraordinary reduction ; but the
$743,320 in November, 1882, or from $650 per mile to full effects of this shortage were not felt at the outset.
$701 per mile, which makes it clear that there has been The war of ..rates on the trunk lines, combined with the
no retrogression at any rate, a3 some might believe.
hisrh prices that all produce commanded, induced farmed
-a
....
....
....
.
....
....
....
....
....
....
....
....
....
....
-
JANUARY
thrush
THE
18, 18t3 J
CHRONICLE.
their supplies forward, and for a time it seemed
Name of Road.
as
deficiency had been greatly exaggerated. Soon,
however, the movement fell off, and then the traffic over
if the
1882.
oM80
3o,339
4.811
121,546
}01,158
133,220
.1*563
92,309
743,320
84,035
l0o,722
100,444
366
3,175
13.484
6,673
7,1()o
064,319
86,398
28,959
2,467
6,652
Western and Northwestern roads did
same
10,857
,200902
592
does
Trunk
influ*
e
havo
; roads
mitoba
jceipts.
pids &
small
how
by the
,e
£6
passenger movement
no
!C.
bush.
10,123
3,593
975
64,000
63,000
was
maintained
even
138,568
756,024
117,764
7,337,662
3,160,523
243,973
422,288
733,862
371.548
4,878,960
446,916
3,977,412
3,885,811
700,94.0
29,776,895
J1,262,658
241,495
311,293
90,411
2,270,569
53,27*.
93*276
1,165,758
14,467,789!
1305,747,943)272,481,511
adverse circumstances
removed,
33,642,766
33,266,432
376,334
as
the worst pressure
soon as
is
we
the eleven
months has
to hand this
roads
altogether that fell
GROSS EARNING8
„
Name of Road.
1882.
Buff. Pittsb. & West’n...
Burl. Cedar Rap. & No.
Cairo & 8t. Louis*
Canada Southern..
Cent. Branch Union
Pac.
Central Iowa
Central Pacific
Ckegapeake & Ohio*
& Alton
One.I; Eastern
Illinois.
-
November.
8t. L. &c
Cleve. Ak. & Col Chic...
Col. Hock. Val.
&Tol....
Denver & Rio Grande....
B«e Moines •& Ft.
Dodge*
Detroit Lansing & No*
Baetem
;
flint & Pere
Marquette.
Doff Col.
..
895,475
2,800.679
372,717
3,452,795
996.495
1,165,178
25,713,150
3,269,297
8,211,988
-
& Santa Fe..
St. Joseph...
BL Central
(lil. line)
ho (la. leased
lines).
®dianaBloom.
& West..
tat & Gt.
North
fan. City Ft. S. & Gull*.
Jake Erie &
1 Jake Shore Western....
t Jong Island& Mich. So..
Jadaville & Nashville.. *
*
Pw.
L. Shore &
West’n.
2,645,529
505,967
2,867,288
6,319.858
340,042
1,550,470
3,413,840
Hannibal &
1881.
2,156,927
1,628,914
2,303,388
6,914,967
1,916,414
2,641,675
3,319,541
l,69i,40t>
1,477,027
18.275,000
2,300,018
12,981,138
886,152
685,679
2,259,036
419,137
3,369,259
967,779
1,001,366
24,094,099
2,636,938
7,557,741
1,640,451
1,563,025
17,025,456
21,849.209
4.021,961
2,415,372
423,699
2,456,810
5,980,488
393,127
1,330,195
Increase.
Decrease.
$
$
209,796
Gross
83,536
28,716
163,812
1,619,051
632,359
654,247
132,571
711,243
3,361,544
1,979,764
Buffalo Pitts. & West..1882
Do
*do
1881
220,275
63,972
154,106
1,974,861
11,344,362
635.659
Do
do
1881
Central of Georgia.... .1882
Do
do
1881
Chesapeake & Ohio
Do
do
1882
1881
Chic. Burl. & Quincy... 1882
Do
do
1881
Des Moines & Ft. D... .1882
Do
do
1881
Eliz. Lex. & Big Sandy. 1882
Do
do
1881
Louisv. & Nashv
Do
do
1882
1881
Marq. Hough. & On.... 1882
do
250.493
185,705
Gross
.
Do
do
Northern Centralt
Do
do
1881
1882
1881
Do
do
1881
Penn, (all lines east of
Pitts. & Erie)
1882
Do
do
1881
^Phila. & Erie
1882
Do
do
1881
Do
do
Utah Central
Do
West
do
Jersey../
Do
1881
...1S8£
do
1881
1882
18t»I
*
39.858
$
827.897
29.062
620,125
2,554.617
135.664
92,724
66,510
411,800
419,554
172,296
239,504'
190,015
300,732
235,585
2,199,421
1,816,133
32,002
35,657
204,092
176,707
868,559
912,980
*28,410
24,658
40,256
229,539
90,640
58,878
61,188
Net
671,947
.
45,108
42,088
99,615
96,641
132.875
108,202
378,455
526,685
487,160
112,000
313,703
69,000
4.373.825
*
Operating
'
378,785
20,932
482,229
152,000
498,247 11,759,923 4,491,865
393,276 10.190.5S3 3,770,248
45.783
1,174,426
652,339
23,963
884,519
460,350
1,746,695
81,721
737,070
55,418
1,902.131
749,221
128.360
2,204,980 1,005.979
120.733
2,081,589 1,008,866
148,230
5.310,173 2.029,165
173,457
4.937,077 1,501,265
43,000,
Jan. 1 to Dec. 31.
Net
$223,500
205,449
Gross
1
Operating
h
for
X Decrease ascribed to interruption of tram
Net
Jan. 1 to Oct. 31.
Net
■
....1882 $1,819,010 $1,175,081
1881 1,814,86 ll 1,189,187
Gross
Earnings Earnings
**52.400! $4,055,500 $2,393,07#173,330
4,408,6861 2,137,507
Earnings Expenses. Earnings.
\
9.567.804
93,131
26,708
October.
-
N. Y. L. E. & West.
Do
do
905,180420,050
9,021,547
14.6221
Oregon Railway & Nav. 1882 *$275,900
NAMB.
........
1,602.382' 44.922 657 17,247,574
1,460,344 [ 40,392,427 16,211,181
369,583
97,350
272,233
3,675,901 1,326,190
284,078
234,571
49,507
3,171,537
942,418
2,256.749 1,152.184 1,104,565 20.039,227 8,988,458
2,015,589
998,324 1.017,265 18.925,212 8,622,253
1,657.792 1.354.671
303,121 14,029,256 1,133,242
1 482,790 1,254,608
228,182; 12,710,153 1,178.681
2,711,917 1,690,861 1,021,056 27.794.1S8 13,119,783
2,761,522 1,849,306
912,216 27,509,895 12,24 i.230
136.204
56.697
79,507
805,3201,391,415
148,972
55.238
93,736
68,856
54,234
1,036,948
443,990
Gross
1881
2,026,224
318.758
360,639
Earnings Expenses. Earnings
do
230,770
876,751
563,467
3.592
10,999
December.
Do
$
422,303-
2,771,463
2.379,871
8,840,2i.5
53,085
Namb.
Earnings
3,081,620
2,503,202
1,330,862' 19,523,744
903,153 19,270,965
702,655
1.200,902
1,065,223
90,891
181,336
152,059
261,235
228,995
194,313
325.157
1,636,776
278,429
202,180
Nash. Chat. & St. Louis 1882
Do
do
1881
Norfolk & Western.....1882
531,434
100,455
♦
46,959
31,697
66,051
180,912
303,609
$
86.817
60,759
1881
369,370
1,852,442
1,500,087
1,376,572
17,971,391
Burl. Cedar Rap. & No..1882
Do
do
1881
Phila.A Read. C.& Iron.1882
Do
do
1881
Union Pacific
1882
951,091
226,425
281,7811
568,727
46,157
2,788,107
„
Philadelp’a& Reading.1882
230.157
82,268
410,478
3,187,115
1,875,146
1,060,187
2,257,231
6,733,955
2,487,569
46,420
Net
Operating
Earnings Expenses. Earnings Eamimjs
Oregon & California. ...1882
541,613
Jan. 1 to Nov. 30.
Name.
Do
I TO DECEMBER 31.
$
1,773,022
Chicago Sc Grand Trunk.
2,274,268
Chicago Milw. & St. Paui 20,3S7,000
Chicago & Northwest....
Chic.8t.P.Minn. &Oma ha. 23,828,973
4,973,052
Cin.Ind.
below 1881.
FROM JANUARY
come
GROSS AND NET EARNINGS TO LATEST DATES.
during the
auspicious and inauspicious, the fifty-eight roads in our
table,
on
earnings of 272 millions in 1881, show an increase of
33 millions, or about 12
per cent, which must certainly be
denominated a satisfactory exhibit. The
following table
gives full details. It will be observed that there are
only
four
Chicago
340,181
250,836
*3,385,204
1,424,803
Three weeks only of December in each year.
t Freight earnings only in December.
That this
influences,
1,124
3,000
546,820
76,248
670.135
*
unimportant degree to
trade operations had led
many to expect a contraction in
the volume of that traffic.
Under all these
Rye,
30,203
23,728
4/408,680
Net
dosing months of the year, was considered a very favor¬
feature, for the decreased activity that characterized
30.
83,475
155,020
2,939,117
327,463
070,223
12,000
.
Total
Net increase
172.880
451.396
roads—except in special instances below,
their shorter haul on
able
54,497
2,207,288
..
not suffer to the
through freight traffic.
and
180,358
74,341
Oregon Railway <& Nav..
extent as the trunk
passengers, which served in
offset the heavy loss in
table
e
2,71
3,38
2,42
7,009’
2,039,
4,955,500
15,668
994,262
1,364,900
week, and from
ing only this one staple to rely upon, suffered greatly
it we see that there is now an increase of
$53,743 on
during the first nine or ten months under the general
1881, so that during October and November the company
reduction of the yield of cotton all over the
South, but at swelled its met
receipts over $600,000. The following
the end of the year were
regaining part of the early loss, table
gives the gross and net earnings of all roads that
aided by the large
crop of 1882.
In all sections of the will
furnish monthly exhibits for publication.
country there was an active and increasing movement of
In the
i
8,038,
2.17
Peoria Dec.& Evansville*
746.383
Richmond & Danville*
*3,523,772
St.L.A.&T. H.mainline.
1,371,532
Do
do (branches)..
873,788
St. L. Iron Mt. & South’n.
7,581,635
St. Louis & S. Francisco
3,582,811
St. Paul & Duluth
1,105,410
St. Paul Minn. & Man...-.
8,764,771
Scioto Valley
540,192
Texas & Pacific
5,143,170
Toledo Cin. & St. Louis..
942,435,
Union Pacific
30,088,188
Virginia Midland*
U,353,069
Wabash St. L. & Pac,,... 16,738,358
roads, hav¬
while
,
5,4 27,256
6,673,294
2,403,220
2,537,382
2,932,242
may refer to the case of the Chicago Bur¬
lington & Quincy. This road is one of the largest carriers
of corn in the West, and under the
great shrinkage in that
during 1881, and in cereal its net
earnings fell off heavily from month to
the closing months of the year were
very favorably influ¬
until
month,
at
the end of the first nine months they
enced by the excellent yield in 1882, not
only of cotton recorded a decrease of
$548,298. The statement for*
but of wheat, and other cereals.
Southern
but
s
6.421.
Metropolitan Elevated..
Decrease. (Decrcass*
$
8,934,332
8,950,
New York Elevated
Norfolk & Western
Northern Pacific
Ohio Central
close of the year,
giving the roads in them an increasing amount of general
and miscellaneous freight.
Southwestern roads were
adversely affected to some extent in the early months by
the reduced yield of cotton in Texas
701
ies,
1881.
earnings for November, as given in our table
are on the whole very satisfactory.
We have not
—because of
produce to market, and the
space for any extended comments, but as showing how
-more especially because of the greater
activity that charac
quickly some of our roads recover from the effects of
terized those sections untii towards the
1,250
3
Michigan Central
proportions
yeed in some cases to lower figures than had been
touched for years. In addition, these lines were then still
suffering from the effects of the railroad war. The war
was settled quite early in the year, but a large number of
time contracts at very low rates had been made during
the progress of the conflict, which still remained outstand¬
ing. It was not till after the 1st of July, when the most
of these contracts ran out, that fairly profitable rates were
realized. Within a brief period after this date, the crops
of 1882—more particularly winter wheat—began to come
forward, and from that time on the trunk lines had a
heavy traffic, so much so that in the last half of the
year even 1880 was outdone.
251,894
1882.
Mo. Kansas & Texas
Missouri Pacific
Mobile & Ohio
trunk lines was reduced to very small
*
$
45
643.329
625.079
Gross
Net
Earnings Earnings
•••••«••
••••••••
reM,T«d durtn*
5
••••»•••
THE CHRONICLE
46
IMPORTS AND EXPORTS FOR NO VEMBER AND
IVol. XXTVI.
Customs Districts.
Imports.
-
FOR THE ELEVEN AND TWELVE MONTHS
ENDED NOV. 30, 1881 AND 1882.
(Prepared by the Bureau of Statistics and corrected to Dec. 26, 1882.
given the fifth monthly statement for the cur¬
the imports and exports of the United States.
excess of imports or of exports of merchandise was as fol¬
Below is
rent
fiscal year of
The
lows:
$25,819,180
13,413,717
21*147,825
45,615,673
18,289,205
143,615,639
1,434,835
Twelve months ended Nov. 30, 1381 (excess of exports)... 195,130,168
Month ended Nov. 30, 1882 (excess of exports)
Month ended Nov. 30,1881 (excess of exports)...
Five months ended Nov. 30, 1882 (excess of exports)
Five months ended Nov. 30, 1881 (excess of exports)......
Eleven months ended Nov. 30, 1882 (excess ot imports)
Eleven months ended Nov. 30,1881 (excess of exports)
Twelve months ended Nov. 30, 1882 (excess of exports)
of exports of gold and silver coin
The excess of imports or
and bullion was as follows:
$2,990,794
Month ended Nov. 30,1882 (excess of imports)
Month ended Nov. 30, 1881 (excess of imports)
Five months ended Nov. 30,1882 (excess of exports)..^...
Five months ended Nov. 30,1881 (excess of imports)
Eleven months ended Nov. 30,1882 (excess of exports)—
Eleven months ended Nov. 30, 1881 (excess of imports).
Twelve months ended Nov. 30, 1882 (excess of exports)
Twelve months ended Nov. 30, 1881 (excess of imports)...
2,419,047
1,355,700
24,400,512
34,817,589
47,211,166
..
32,701,307^
62,975,320
The total values of imports and of domestic and foreign
exports for the month of November, 1882, and for the eleven
Minnesota. Minn
Mobile, Ala
New Haven, Conn
1882.—Exports—Domestic
Foreign
15,467,280
17,645,254
1,210,823
$80,975,034 $675,021,019 $752,082,661
55,155,854 693,310,224 750,647,826
Total
,
Imports
Excess of exports over imports $25,819,180 $
$1,434,835
18,289,205
Excess of imports over exports
$68,335,550 $739,279,2S3 $836,342,595
1881.—Exports—Domestic
19,035,104
1,735,941
17,208,202
Foreign
Total
$70,071,491 $756,187,485 $855,377,699
56,657,774 612,871,846 660,247,551
Imports
Excess of exports over imports $13,413,717 $143,615,639 $195,130,168
Excess of imports over exports
$37,395,398
10,636,380
1,319,419
$37,497,997
11,526,490
1,324,904
4,649,292
5,014,483
$978,464
$2,241,787
$54,000,489
$55,363,874
$11,255,576
$13,983,749
1,727,471
7,927,324
8,67.8,818
$3,969,258
$19,182,900
$34,817,580
$22,662,567
$50,225
1882.—Exports—Dom.—Gold..
do
430,215
2,500
495,524
Silver..
Foreign— Gold
do
Silver..
Total
e
Imports—Gold
Silver
Total
Excess of exports over imports
Excess of imports over exports
$
■*2,990;794
do
$1,735,257
12,375,211
728
267,723
760,202
3,432.762
13,694,877
769,922
3.977,071
$1,295,307
$3,059,202
$18,303,432
$57,670,447
$20,325,981
$74,176,473
Silver..
Foreign— Gold
„
do
'
Silver..
Total
Imports—Gold
655,152
7,844,151
9,124,826
$3,714,354
$65,514,596
$83,301,301
Silver
Total
Excess of exports over imports $
Excess of imports over exports
2,419,047
TOTAL MERCHANDISE
1882.—Exports—Domestic
Foreign
Total
Imports
Excess of exports
Excess of imports
....
$
62,975,320
47,211.166
AND COIN AND BULLION.
$80,244,651 $707,585,517 $783,461,894
23,984,641
21,435,991
1,708,847
$81,953,498 $729,024,508 $307,446,535
59,125,112 712,493,124 773,310,393
over imports $22,828,386
over exports
1881.—Exports—Domestic
*
$
$16,528,364
$34,136,142
$69,362,406 $753,389,751 $351,921,583
23.762,097
21,401,166
2,004,392
Foreign
$71,366,798 $774,790,917 $875,703,680
60,372,128 678,386,444 743,548,832
Imports
Excess of exports over imports $10,994,670 $96,404,473 $132,151,848
Excess of imports over exports
Total
The
following is
a
statement showing, by principal customs
districts, the values of merchandise imported into, and exported
from, the United States during the month of Nov., 1882, and
the values of imported merchandise remaining
houses of the United States Nov. 30, 1882:
Customs Districts.
Imports.
1,336,184
Boston & Charlest’n. Mass.
Brazos de Santiago, Tex...
4,313.104
71,377
Charleston, S. C
Chicago, 111
Foreign
Exports. Nov. 30,’82
$
V
Baltimore, Md
Bangor, lie
Bath, Me
Buffalo Creek, N. Y
Cape Vincent, N. Y
Champlain, N. Y
Exports.
49,804
ware¬
Remain' ng
in voareli'se
<£
$
Brunswick, Ga
Domestic
in the
$
405
3,517,563
33,732
127,326
232
102,397
8,631
59,178
4,582,297
15,589
557
ioi
3,282
53.235
4,651,047
92,450
51,942
63,885
13,142
193,925
3,809,126
151,040
130,046
1.933
2,063
481,846
39,453
101
180
968,689
48,286
387,748
Corpus Christi, Texas
Cuyahoga. Ohio
Detroit*Mich
Duluth, Minn
Galveston, Texas
47,561
46,761
210,955
228,265
156,634
76,710
Genesee. N. Y
162.979
4,496
293.357
35,859
6,345
■
29,589
22,317;
........
3,S65,514
23,212
8,037
68,259
88,520
.
7,177
2,501
.
5,059
81,508
55,987
Richmond, Va
San Diego, Cal
San Francisco,
2,990,703
Cal
117,947
Savannah, Ga
Vermont, Vt
649^293
63,183
35,346
Willamette, Oregon
Wilmington, N. C
Yorktown, Va
Interior ports
20
„
'
9.217
7,975
,.*660,716
753,523 1'.318,074
2,937
63,793
2,364
619,984
12,326
227
169,705
24,064
424
Puget’s Sound, Wash
1,215,331
207,687
47.215
50,996
154,203
536,612
51,339
5,062,059
5,175,612
171,063
625,829
740,449
127,260
1,615
79,339
65,250
1,399,508
959
24,889
7,034
281
115,416
101,130
All other customs districts
309
206,962
135,156
Totals
55,155,854 79.761,211 1.210,823 27,947,622
Remaioing October 31,
1882.
ptmirtarijf ©uraracrctal giigllsh Hears
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE AT LONDON-Dec. 23
Amsterdam
Amsterdam
.
.
Hamburg
3 mos.
Short.
3 mos.
it
Berlin
Frankfort...
Vienna
Antwerp....
it
a
a
a
Petersb’g
EXCHANGE ON LONDON.
Latest
Rate.
Rate.
Time.
On—
12-5i2 @12-6
'
®12,3
12-2
20*62
320*66
20*62 320*60
20*62 320*66
12*10 312*1212
25*48 343> 25*53%
22l3ift 32215^
.
.
.
.
Hong Kong..
S^anarhai....
....
Is. 7d.
Is. 7d.
......
....
•-
'
Rate.
Short*
12*10
....
.
Short.
ii
ii
Dec,. 23
Dec. 23 3 mos.
Dec. 23 Short.
Deer 23 3 mos.
Dec. 23 Checks
......
Bom Day.... 60 days
Calcutta..
60days
Time:
«
'
....
.
Dec. 23
Dec. 23
......
....
23
Dec.
Checks 25*21*4 ®*25*2634
Paris
Paris....— 3 mos. 25*46*4325*5134 Dec.
it
25*75 325*85
Genoa
a
Dec.
46 346*8
Madrid
u
3 40*6
46
>Dec.
Cadiz
•t
Lisbon
5134 2>5L34
Dec.
Alexandria
Dec.
New York...
$1,881,111
$96,396
930,460
1881.—Exports—Dom.—Gold..
61,837
Portland & Falmouth, Me.
Portsmouth, N. H
.
$32,701,307
3,7*3*9
497,224
24,203
5,427
156
Plymouth, Mass
8t.
GOLD AND SILVER—COTN AND BULLION.
63,407
9,094
*
49,706
$79,764,211 $659,553,739 $734,437,407
....
$
92,223
,
-
*
For the 11
For the 12
m'nlhs ended months ended
Nov. 30.
Nov. 30.
For the
month of
Nov.
$
1,136,774
78,205
1,162,693 10,802j927
35,435,468 29,604,509
402,016
11,531
Niagara, N. Y
Norfolk and Portsm’th,Va.
76,537 4,075,276
1.748
216,549
Oregon, Oregon
311,937
30,278
Oswegatcliie, N. Y"
146,170
'2,333,029
Oswego, N. Y
Paso del Norte, Tex. & N.M
22,319
86,180
36,563
Passamaquoddy, Me
64
54,630
Pensacola, Fla
2,166,577 3,103,380
Philadelphia, Pa
MERCHANDISE.
-
Nov. 30 ’82
New Orleans, La
New York, N. Y
presented in
and twelve months ended November 30, 1882, are
the following tables:
Exports.
$
412,630
48,659
84,691
139,376
33,004
Huron, Micli
Kev West, Florida
Milwaukee, Wis
Foreign Remaininn
Exports. inwareh'se
Domestic
Doc.
Dec.
Dec.
Dec.
23
Long.
-13 3
13 3
mos.
mos.
20*35*2
20*33
20-34
1192
25*23
23"i8
25*22
25-24
47-30
47*30
....
'20 3 mos.
23 Short.
23 4 mos.
it
23
ii
23
i *
23
9 578
4*80*2
Is. 7iifid.
18. 7110(1.
3s. 7381.
5s. 038 L
[From our own correspondent.]
London, Saturday, December 23,1882.
The
past week has partaken much of a holiday character.
Business has been very restricted in nearly every department,
and further difficulties have been reported in the tin plate
During the next few days it is obvious that the atten¬
largely directed to balancing the
annual accounts, and any resumption of activity is not likely
to take place until the holiday season has terminated. There
has, however, been a good demand for money, and the rates
both for loans and for discount have advanced. For the former
the quotation is about 5 per cent, and for the latter, 4% per
cent.
Considering the period of the year, this does not indi¬
cate stringency, and the opinion therefore prevails that the
present Bank rate of discount cannot be maintained. The trade
demand for money is only moderate, and the New York
exchange has become more favorable to this country.
There is now much less apprehension as to a drain of gold to
America; but there is still a small inquiry for Germany, which
has not, however, exercised any material influence. It produced
trade.
tion of merchants will be
temporary firmness, but, as the demand is not
tinue, the effect has been transient. With the
at
a
expected to con¬
value of money
point, and with a less complicated political situ¬
new year may be expected to open with a fair degree
moderate
ation, the
of confidence ; but, at the same time, there is a
section of the community which disbelieves in
soundness of our commercial position, and there are
considerable
the general
undoubtedly
grounds for entertaining such an opinion. The failures in the
tin plate trade confirm, in some measure, the impression enter¬
tained, and they induce
considerable caution.
the majority of traders to
operate .with
inquiry for money this week has been for the pur¬
of augmenting the half-yearly balances at the close of
year. The open market rates of discount, notwithstanding this
additional demand, are still nearly one per cent below theofficia
uotation. The quotations will, no doubt, be firmer as the en
The chief
pose
the-
THE CHRONICLE.
13,1883 ]
January
of the year is approached; but a return of ease is certain to
take place as soon as the dividends on the public funds have
been
distributed, early next month.
The following
the
are
present quotations for moneyt:
Per cent
ir.
5
Bank rate...
Open market rates—
Open-market rates—
30 and 60 days’ hills
4
3 months’ hills
4®4%
following
’The
are
Per cent.
4 months’ hank hills
4%-® 4*4
6 months’ hank hills
4%® 4%
4 & 6 months’ trade bills. 4%3>5
a) 4%
the rates of interest allowed by the joint-
stock banks and discount houses for
deposits:
Per cent.
4
Joint-stock banks
Difloount houses at call
314
3%
itn 7 and 14 days’ notice
with
Do
Annexed is
statement
showing the present position of the
Bank of England, the Bank rate of discount, the
average
quotation for English wheat, the price of consols, the price of
middling upland cotton, No. 49 mule twist, fair 2d quality,
and the Bankers’ Clearing House return, compared with the
three previous years:
a
Public deposits
Other deposits
Oovernm’t securities.
Other securities
Res’ve of notes & coin
•Coin and bullion in
both departments..
Proportion of reserve
22,089,412
11,381,002
23,374,617
11,201,539
corn
20,751,205
24,741,999
27,424,692
33%
42%
45%
97%@%
5 p. c.
99%
3 p. c.
983*
41s. 6d.
44s. 9d.
44s. Od.
No. 40 mule twist—
di%ed.
lOd.
ei%ed.
6i316d.
3 p. c.
46s. 6d.
1034d.
10%d.
Clearing-House ret’n. 139,318.000 149,917,000 142,962,000
6i5i6d.
•
10%d.
96,084,000
The demand for gold on German account
during the week
has been sufficient to absorb all incoming supplies,
and to neces¬
sitate a withdrawal, chiefly in gold coin, from the Bank of
There has been a Continental inquiry for silver,
early part of the week prices improved; but the
foreign demand has since fallen off, and the improvement
established has been with difficulty maintained.
Business has
been done as high as 50 7-16d., but the price has declined dur¬
ing the last few days l-16d. The market for Mexican dollars
has been very dull, and the quotation is
only 49d. per ounce.
The following prices of bullion are from Messrs.
Pixley &
England.
and in the
Abell’s circular:
GOLD.
Spanish doubloons
South American doubloons
United States gold coin
per oz.
per oz.
per oz.
per oz.
German gold coin
SILVER.
•
9%®
77
73
11 ®
10 @ 74
73
76
3%®
8 %®
Quicksilver, £5 16s. 6d.
®
00
..
..
50%®
'a)
•a>
....
®
Discount, 3 percent.
The rates for Indian
exchange have further declined, the
price fixed by the India Council being Is. 7 l-16d. the
rupee.
Telegraphic
transfers have been sold at Is. 73^d. the rupee.
The government announces a further issue of
exchange bills
replace those about to be paid off. The amount is £1,455,000, and tenders will be received at the Bank of
to
England
on
the 2d prox.
The stock markets
during the week, considering how little
business has been in
progress, have been fairly firm. Prices
have in several instances declined
.
has
as a
The
rule been
following
slightly, but the reduction
unimportant.
.are
cipai foreign centres:
Bank
rate.
Pr. ct.
Paris
3%
Berlin......
Frankfort..
Hamburg...
Amsterdam
!
qrs.
Flour
Indian
the current rates for money at the
prin
Bank
market.
Pr. ct.
3%
5
4 3t
*5”
434
4%
5*2
5
rate.
Pr. ct.
-
Brussels
Madrid and other
Spauish cities..
Vienna.
St. Petersburg
...
.
Open
market.
Pr. ct.
4
3%
4%
4%
5
ft
6
6*2
During the past week the trade for wheat has partaken
largely of a holiday character, and buyers are not likely to
resume
extensive purchases until we have
the business of the new
year, after the
Last w:ek.
2,192,000
Last year.
2,135,000
207,000
170,000
215,000
90,500
2,843.000
126,000
corn
244,000
The
following statement shows the extent of the imports of
cereal produce into the United
Kingdom during the first six¬
teen weeks of the season,
compared with the corresponding
period in the three previous seasons:
IMPORTS.
1882.
Wheat
Barley
Oats
Peas
Beaus
Indian
Flour
1831.
cwt.22.829,399
6,118,775
4,668,-279
corn
20,112,324
4,863,5S5
3,640,619
1830.
■,
1879.
20,844,877
24,857,242
6,558,131
5,554,100
4,221,812
1,031,017
646,294
799.081
520,050
3,499,173
4,737,895
506,199
787,369
8,719,134
2,363,847
12,548,520
4,087,143
5,674,588
948,758
919,490
7,303,105
3,887,698
8UPPLIES AVAILABLE FOR CONSUMPTION.
1882.
1881.
Imports of wheat.cwt.22,829,399
Imports of flour
4,737,895
Sales
of
produce
1880.
1879.
20,112,324 20,344,877
2,363,847 * 4,037,143
liome-grown
24,857,242
3,837,698 ‘
.12,892,500
13,181,000
11,392,000
7,283,300
39,459,794
Av’ge price of English
wheat for season.qrs. * 41s. 4d.
Visible supply of wheat
iuUuit’d St’s..hush.20,200,000
Supply of wheat and
35,657,171
36,324,020
36,023,240
47s. 8d.
42s. 8d.
47s. 6d.
18,500,000
23,600,000
afloat
to
the
Kingd’m...qrs. 2,350,000
2,827,000
English Market Reports—Per Cable.
The daily closing quotations for securities, &c., at
and for breadstuffs and provisions at Liverpool, are
by cable as follows for the week ending January 12:
London.
Sat.
Silver, per oz.
d.
Consols for money
Consols for account
Fr’ch rentes (in Paris) fr.
U. S. 5s ext’n’d into 3%s
U. S. 412s of 1891
U. S. 4s of 1907
Chic. Mil. &St. Paul
Erie, common stock
Illinois Central
N. Y. Ontario & West’n.
....
Pennsylvania
Philadelphia & Reading.
New York Central
50%
lOlis'
fairly entered upon
holiday season has ter¬
Tues.
Wed.
Thurs.
Fri.
50%
50%fi
I013l6
50%
101%
101 %
79 65
105%
116%
12330
1-2C
116%
101%
101%
79-57% 79-60
105%
105%
116%
116%
123
L09%
123
no
41 *4
149
123
110
110%
41%
149%
109%
10130
79-60
10530
41%
llgiq
2714
62
2S34
13134
Sat.
Liverpool.
Flour (ex. State)..100 lb. 12
8
Wheat, No. 1, wh.
“
8
Spring, No. 2, n.
“
8
Winter, West., n
“
Cal. "white
Mon.
d.
3
9
7
11
40%
148
27i0
61%
23%
50%
101%
27%
62%
28%
131%
130%
Mon.
Tues.
Wed.
d.
8.
d.
12 3
8 10
8
S
9 0
130 34
s.
12 3
8 10
8
9
8
0
27
62
28%
s.
d.
12 3
8 10
101316
7
79
46
89
Lard, prime West. $ cwt. 56
Cheese. Am. finest
66
0
0
6
0
0
6
7
79
47
89
56
66
0
0
0
0
3
6
7
79
47
89
56
67
0
0
6
0
3
0
101%
79-62%
105%
116%
123
,41%
149%
-
109%
41
149%
27
27
62%
28%
130%
62
Thurs.
8.
d.
12 3
8 10
8 8
9 0
8
8
9
0
7
80
48
39
06
0
0
0
0
9
7
80
48
89
57
67
0
67
ft
Corn, mix., West.
“
Pork, West.mess..# bbl.
Bacon, long clear, new..
Beef, pr. mess, new,$tc.
London,
reported
50%
10110
10138
79*7212
10513
11634
s.
Open
At present.
d.
50%®
49
Wheat....
flour
Un’d
..
d.
-
per oz. standard nominal.
....per oz. standard.
..peroz
per oz. nominal.
peroz
-
..
..
silver,contain’g 5 grs.gold
Cakesilver
Mexican dollars
Chilian dollars
d
S.
77
..
estimated to be afloat:
Total
d.
8.
s.
per oz. standard.
contaiu’g 20 dwts. silver.. .per oz. standard.
Bar silver, tine
Bar
dear, and from this it is natu¬
15,189,757
100%
_
was
13,624,674
1879.
5 p. c.
Bar gold, flue
corn
11,276,940
1880.
Eng. wheat, av. price
Mid. Upland cotton..
Bar gold,
low when Indian
were
27,234,935
5.196,209
28,045.331
15,843,584
20,299,840
39%
Consols
standing that the price of Indian corn has been as high as 41s.
per quarter, wheat, barley and oats should be so
cheap. Oats
and feeding barley have been
selling at a very moderate price
since the harvest, and there is no
tendency to improve¬
ment. Some are of opinion that these articles at their
present
price are worth holding ; but it is well to remember that prices
26,117,325
8,061,812
23,673,028
14,365,019
21,616,707
20,897,914
to liabilities
Bank rate
daring th^wqek, and, with an absence of
farm work has in many districts been resumed; but
there is still an impression that the area of land under
wheat
this season will fall short of former seasons. There is
little if
any encouragement to produce wheat; but, at the same
time,
other cereals are selling at a low
price, more especially when it
is borne in mind that Indian corn is dear.
It is no doubt a feature in the trade for cereals
that, notwith¬
snow,
25,224,265
6,580,997
22,404,808
13,2 43,961
22,324,487
1881.
&£•£,£,
25,446,006
6,056,332
much rain has fallen
rally concluded, now that the value of the latter commodity is
becoming more normal, there is a greater improbability of
any advance in the prices of feeding stuffs being established.
Telegrams have been received this week stating that the new
Indian corn crop is larger than had been
represented, but the
visible supply in the United States does not increase
rapidly.
The following are the quantities of
wheat, flour and Indian
1832.
Circulation
47
0
0
0
0
0
0
28%
130%
Fri.
s.
d.
12 3
8 11
9
9
1
0
6
80
48
89
56
67
0
0
0
9
0
5%
©omnxcvcial and IlXisccUaticcntsJtems.
minated. The tone
National Banks.—The following national banks have
during the week has been rather dull, but
lately
been organized:
prices nave only given
way slightly in those cases when the
Bajr National Bank of Bay City, Micli. Capital, $200,000.
necessity has existed of pressing sales. The imports have been 2,853—The
Byron E. Warren. President; Frederick P. Browne, Cashier.
2,354—The First National Bank of Larimore, Dakota Ter’y. Capital,
moderate, and the farmers’ deliveries have been
upon a fair
$50,009. Andrew J. Bowne, President; Charles A. Bowne,
scale, considering the period of the
Cashier.
*
year.
Good sound wheats,
oth English and
Imports
and
Exports
for
the Week.—The
foreign, have been held with a moderate
imports of last
amount of
firmness, and they seem likely to maintain their week, compared with those of the preceding week, show
a decrease
in both dry goods and general
value; but iLfeiior wheats are
merchandise.
decidedly a slow sale. Not The total imports were $8,200,984, against $10,026,8S4 the pre-
.
fVOL. XXXVI.
THE CHRONICLE.
48
asked to exchange their stock for Reading common stock.
ceding week and $7,400,452 two weeks previous.
The exports be
Should Mr. Gowen’s offer be accepted, it would result in the
for the week ended Jan. 9 amounted to $7,349,921, against
issue of convertible adjustment scrip to the amount of $3,313,580
$6,477,550 last week and $7,855,123 two weeks previous. The
to present holders of scrip; $101,241 to holders of railroad de¬
following are the imports at New York for the week ending
(for dry goods) Jan. 4, and for the week ending (for general bentures, and $121,070 to holders of Coal & Iron Company de¬
merchandise) Jan. 5; also totals since the beginning of first bentures, making in all $3,535,991, to which must be added the
incomputable amount to be issued for interest on Coal & Iron
week in January:
FOREIGN IMPORT8 AT NEW YORK.
Company divisional mortgages, many holders of which havesold coupons to the receivers at the rate already proposed in
1883.
1882.
1881.
1880.
For Week.
some case*, so that the amount of $4,000,000 convertible scrip is
$2,346,146
$2,089,035
$2,113,912
$1,742,043
Dry goods
amp^e for the purposes of the issue. If all the exchanges pro¬
5,854,818
5,061,469
5,771,703
Gen’lmer’dise..
4,801,6*7
posed in the plan are carried out, the result will be a reduction
of the fixed charges on the bonds mentioned from $2,227,111 80
$8,200,964
$6,803,512
Total
$7,860,738
$6,915,599
to $1,262,048 20, or a saving of $965,063 60 for£he year 1883.”
Since Jan. 1.
$2,346,146
$1,742,043
$2,089,035
$2,113,912
Dry goods
Railroad Construction (New).—The latest information of
5,854,818
5,061,469
5,771,703
Gen’I mer’dise..
4,801,687
the completion of track on new railroads is as follows:
Total 1 week
$6,803,512
$6,915,599
$8,200,964
$7,860,738
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 (exclusive of
specie) from the port of New York to foreign ports for
week ending January 9, and from January 1 to date :
the
EXPORTS FROM NEW YORK FOR THE WEEK.
For the week...
Prev. reported..
$4,998,157
$6,772,531
$5,940,134
$7,349,921
Total 1 week.
$4,998,157
$6,772,531
$5,940,134
$7,349,921
The following table
at the port of New
since Jan. 1, 1883 :
Kansas City St. Joseph & Council Bluffs.—A branch is completed from
Forest. City, Mo., west by north to Rulo, 9 miles.
,
Markesan & Brandon.—Extended from Granite Quarry west to Markesan,
1883.
1882.
1881.
1880.
Alma & Little Rock.—Completed from Alina, N. C., southwest to Alfordsville, 12 miles.
Des Moines Osceola & Southern.—Extended from Osceola, la., seuth
to Davis City, 29 miles.
Gauge, 3 ft.
Gulf Colorado & Santa Fe.—Track laid on the Houston Branch from
Alvin Junction, Tex., northwest 27 miles.
shows the exports and imports of specie
York for the week ending Jan. 6, and
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Wis., 5 miles.
-Extended from Graham, Teun., south to Duck
Gauge, 3 ft.
Ontario & Western.—Extended from Middletown, N. Y.,
Nash vibe & Tuscaloosa.
River, 8J4 miies.
New York
eastward to Cornwall, 25 miles.
St. Louis & San Francisco.—The Arkansas Division is extended from
Van Buren, Ark., southwest to Fort Smith, 6 miles.
San Luis Obispo & Santa Maria Valley.—Extended from Santa Maria,
Cal., south by west to Los Alamos. 15 miles. Gauge. 3 ft.
Southern Pacific.—The Mohave Branch is extended from Calico, Cal.,
eastward 45 miles.
This is a total of 181*4 miles, making
1882.
New track is
Imports.
Exports.
Since Jan.l-
$
Great Britain
Week.
SineeJan. 1.
$
$
12,577
12,577
France
Germany
West Indies
Mexico
Bouth America
All other countries
Total 1883
11,836
11.83d
1,2S5
1,285
1,100
1,100
$1,285
$1,285
$25,513
$25,513
Total 1882
Total 1881...:
Silver.
Great Entain
France
Germ an j
West Ind l. b
Mexico
:
Bouth America
All other countries
Total 1883
Total 1882
Total 1881
$265,429
$265,429
90,242
90,242
1,174,247
1,174,247
$265,429
225,239
206,500
reported for 1883.—Railroad Gazette.
—The copartnership between Louis H. Taylor, Jr., and
Lindley Haines, in Philadelphia, under the firm-name of L. H.
Taylor & Co., has been dissolved by mutual consent. Mr. Lewis
H. Taylor, Jr., has removed to the southwest corner Third and
Chestnut streets, where he will continue the banking and broker¬
age business, under the firm-name of L. H. Taylor & Co. Mr.
Lindley Haines will continue the banking ard brokerage busi¬
ness at No. 140 South Third street, with Charles E. Haines, un¬
der the firm-name of Haines Brothers.
& Co. offer for sale a limited
& Santa Fe RR. trust mortgage
sinking fund six per cent bonds, due 1911, and recommend them
especially to investors. The statement of the road for the l&st
year, after payment of a 6 per cent divfdend upon the stock,
shows a net surplus of $919,003 over all expenses.
—Mr. Joseph G. Martin, of 10 State Street, Boston, has issued
his annual “ Stock Fluctuations,” giving all information as to
stocks and bonds known in that market, in his usual complete
and excellent shape. Mr. Martin’s publications have been issued
for many years in Boston and are well known as a standard
authority.
—The privilege given to persons interested in the Col. Chie.
& Ind. Cent, to subscribe to the reorganization agreement has
been extended to Jin. 22, when it will expire.
Full particulars
in regard to the privilege will be found in our advertising
amount
6,034
30,674
6,326
6,034
30,674
1,160
1,160
$265,429
$44,194
$44,194
225,239
206,500
14,708
11,287
11.287
6,326
Houston. Tex., 2-mile*.
This is a total of 2 miles thus far
:
Houston Branch into
—Messrs. Kidder, Peabody
of Atchison Topeka
$
$
reported laid in the present year as follows
Gulf Colorado & Santa Fe. —1Track laid on tlie
Gold.
Week.
10,328 miles so far reported for
14,708
Of the above imports for the week in 1883, $15,906 were
American gold coin and $13,290 American silver coin. Of the
exports daring the same time $1,285 were American gold coin.
Philadelphia & Reading.—President Gowen’s detailed plan
for the
readjustment of the Reading Railroad and Coal & iron
Company’s debt and arrears of interest has been advertised in
Philadelphia. The feature of it is the issue of $4,000,000 con¬ columns.
vertible adjustment scrip, bearing interest at 6 per cent, for five
—Mr. Rensselaer Weston has been admitted to an interest
years from January 1, 18S3, but payable at the option of the in the well known firm of Barker & Tinker of No. 2 Exchange
company after two years and a half, on ninety days’ notice, and Court. Mr. Weston has been in the Street several j'ears, and is
convertible into common stock at par until such notice is given,
highly esteemed by a circle of good friends.
or if it is not given at all, until six months before maturity.
—The monthly dividend of $50,000 has been declared for
The convertible adjustment scrip is secured by $4,000,000 of the
$7,546,000 income mortgage sevens of 1876 authorized to the December by the Homestake Gold Mining Co., payable by
amount of $10,000,000, $2,454,000 being outstanding.
The Messrs. Lounsbery & Haggin.
$160 ,000,000 consolidated five per cent mortgage was divided
—The large holders of the City of Houston (Texas) debt have
into two series of $80,000,000, the first series being a prior mort¬ declined the offer to fund the same at 50 cents on the dollar
gage to the second series, and $72,942,700 of the first was re¬ and a new bond at 4 per cent.
served to meet the Railroad Company’s mortgages and the Coal
—‘The Deadwood-Terra Mining Co. has declared a dividend of
& Iron Company’s divisional mortgages, while $69,903,910 14 of
$20,000
for the month of December, payable at the office of
the second series was reserved to cover the junior securities,
Lounsbery
& Haggin.
bonds and stock of operated branches, real estate mortgages,
Auction
Sales.—The following, seldom or never sold at the
Ac. The plan is condensed as follows by the Philadelphia
Stock
Exchange,
were sold at auction this week by Messrs.
North American: “ Holders of the Coal& Iron Company’s di¬
visional mortgages and Schuylkill Navigation Improvement Adrian H. Muller & Son: Share 8.
Shares.
sixes are askea to exchange the principal for consolidated fives
50 Irving Nat. Bank.... —132
600
;
of the first series, and in the former instance to take converti
ble adjustment scrip for all accrued interest, while in the latter
the interest accrued will be paid in cash. Holders of present
outstanding scrip
can exchange it for adjustment scrip at par.
convertible sevens are asked to exchange six coupons
Holders of
of three and
next
July’s
half per cent (total
coupons, ror $10 in cash
a
21 per cent), beginning with
and $200 first series fives to
each $1,000 convertible bond. Holders of the railroad deben¬
ture sixes, Coal & Iron Company’s debenture sevens, Schuylkill
Navigation general or third mortgage sixes, Susquehanna Canal
issues, Colebrookdale sixes and Pickering Valley sevens are in¬
vited to exchange the principal for consolidated fives of the
second series, and holders of the debentures mentioned to take
adjustment scrip for all coupons maturing this year. Holders
of Schuylkill Navigation generals are offered $5 for January’s
interest, the second series of fives drawing interest in February
and August. The Colebrookdale bonds are to get $8 33 and the
Pickering Valley bonds $16 67 for interest to February 1. Stock¬
holders of Susquehanna Canal and Schuylkill Navigation are to
Broadway Bauk
100
10
90
150
94
8
15
30
4
250
Tradesmen's Nat. bank.. 115
Fulton Nat. Bank
.134
Baukot Commerce
152*2
American Exc. Bk.l30®130i^
Merchants’ Nat. Bk. 129 #128 3*
Bk. of Manhattan Co
154 ^
Citv Fire Ins. Co
115^
N. Y. Eqnit. Ins. Co. 145^ ex-d.
Nat. Bk. of State of N. Y 133 *2
Mechanics’Nat. Bank
151
Mercantile Nat. Bank
117
St. Nicholas Nat. Bank... 145*2
Continental Ins. Co..241 ex-d.
54
14
4
8
21 Bridgeport Gas Light Co. 146
100 Mechanics’ Nat. Bank
151
50 Pacific Bank......
158*2
20 Franklin
& Emporium
Ins. Co
118
26 Montauk Fire Ins. Co.... 108
50 Atlantic Avenue RR. Co.
of Brooklyn
161
10 Union Ferry Co
171
5 Nat. B’kof State of N.Y..133%
33
Metropolitan Gas Light
Co. of Brooklyn
76
6 N. Y. Bowery ins.
Co....196
25 Citizens’ Fire Ins. Co—150*4
100 Chic. & Can. So. RR. Co..
1*4
Bonds.
$1,000 City of
Wis.,
5s,
Milwaukee,
Readjustment
Bond, due 1891
$1,000 New Brunswick,
N.J.,
mort.
7s,
$1,000 Mutual Gas Light
Co.
,
Water Co.
due 1897
1st
1st mort. 6s
100*2
115
102 A int.
$500 N. Y. Co. Accumulated
Debt 7s, due 1884.104% &int.
$5,000 JJerscy City 7s Water
Scrip, due 1891:...110%
Ain*.
$4,000 Jersey City 6s Water
Scrip, due 1891...* ..105 & int.
$6,000 Jersey City 7sJ40-year,
due 1913.
..,112*2 A inti
$10,000 Atlanta A Charlotte
Air Une RR. Co.
Iucome.72AioL
JANUARY 13,, 1883. J
~
THE CHRONICLE.
!ffhe flankers' Pianette.
Jan. 12.
Prime bankers’ sterling bills on London
Prime commercial
Documentary commercial
Paris (francs)
Amsterdam (guilders)
..t......
Frankfort or Bremen (reichmarks)
DIVIDENDS.
Fame of Company.
Per
When
Cent.
Payable.
Books Closed.
(Days inclusive.)
Railroads.
Bald Eagle Vailey.
P£
Central Pacific
Clev. Col. Cia. & Ind
Hannibal & St. Joseph pref
Marquette Houghton & Out
Oregon R’y &Nav. (quar.)
St. Louis & San Fr’sco 1st pref..
212
312
Feb.
Bank of the Metropolis
312
On
$3
2
3
4
Bank.
Insurance.
American Fire
American Exchange Fire
Clinton Fire
Continental
5
5
5
312
Emporium Fire
F*rragut Fire
6
6
5
5
7
6
Home Fire
N. Y. Equitable
pacific Fire
Rutgers Fire
Standard Fire
312
United States Fire
5
lHi«ce •Igneous.
Fidelity and Casualty Co
NEW
Feb.
Feb.
Feb.
1 Jan. 16 to Feb.
1 Jan. 16 to Feb.
15 Jan. 17 to Feb.
Feb.
Jan. 21 to Feb.
Jan. 21 to Feb.
16
dem.
Interest Jan.
Periods.
6.
Jan.
IS
On dem.
On dem.
On dera.
On dem.
On dem.
On dem.
Jan.
15
On dem.
1
Feb.
On dem.
On dem.
On
YORK,
2
1
5s, continued
4*28,1891
4k»e, 1891
4a, 1907
4s, 1907
J2,
-
Shares.
2
Holiday.
1883.
Shares.
442,375
317,365
368,697
5
6
518,712
478,584
573,032
7
324,227
337,254
378,673
258,164
“
6e,cur’cy, 3896..reg.
18S3-5
3
“
4......
“
1832.
Shares.
Sunday.
Jan.
8
“
9
“10
“11......
P. HI.
a
328,672
427,618
416,069
speedy collapse in prices.
more damaging to a steady legitimate commission
business in stocks than a false
movement, bolstered up by
untrue or exaggerated reports or
estimates, which lasts but a
short time and then breaks down as
rapidly as it was forced
upward.
In the year 1883 it is
hoped that the course of prices in the
by rational influences, and that
stock market will be guided
advance which may take place in one stock or another
will be based on a fair estimate of the
value of that stock as
it may be affected by the
earnings of the road, the character
of the company’s
management, alliances with other strong
any
companies, &c., &c.
The money market is
abundantly
call loans on stock collaterals have supplied with funds, and
ranged at 4@6 per cent,
while Government bond dealers have
paid 2@3
per
cent, and
prime commercial paper sells at 5%@6 per cent.
The Bank of England
weekly statement on Thursday showed
a gain of £264,000
in specie for the week, and the
percentage
of reserve to liabilities was 37
11-16, against 29% the previous
week ; the
discount rate remains at 5 per cent. The Bank of
France lost 7,425,000 francs gold and
3,200,000 francs silvei%
The New York City
Clearing-House
banks in their statement
of Jan. 6 showed an increase of
$1,261,825 in their surplus
reserve, the total surplus being $4,637,225,
against $3,375,400
the previous week.
The following table shows the
changes from the previous
week and a comparison with the two
preceding years:
1883.
Jan. 6.
Differ 'nets fr'm
previous week.
1882.
Jan. 7.
1881.
Jan. 8.
Loans and dis. $317,419,200 Inc. $6,348,000
$319,110,400 $304,080 200
60,152.800 Inc. 2,525,700
61,514,000
61,948.900
17,537,690 Dec.
87.900
20.209,000
18.426,200
302,881.100 Inc.
Specie
Circulation...
Set deposits.
lagal tenders.
Legal reserve.
Reserve held.
Surplus
11,217,500 299,500,400
20.204,700 Inc. 1,540,500
16.678.800
$75,720,275 Tnc. $2,804,375 $74,875,100
80,357.500 Inc. 4.066,200
78.192.800
$4,636,225 Iuc. $1,261,825
Exchange.—Foreign
from
$3,317,700
exchange is firmer
285,787,700
13,817,400
$71,446,925
75,766,300
$4,319,375
good demand
bankers and merchants, and the
supply
of
commercial
bills is not sufficient to
rates down. To-day on actual
keep
business prime bankers’ 60
days sterling bills sold at $4 81 %
on a
81%; demand, $4 853^@4 85%; and
Continental exchange was firm as cables, $4 86%@4 85%.
follows, viz. : Francs,
$5 23%@5 22% and $5 20@5
19%'.
Reichsmarks, 94%@94%
and 95%@95%.
Guilders, 39% and
Domestic bills on New York were 40%.
quoted to-day as follows
at the
places named: Savannah buying % dis.,
selling par
@%prem.; Charleston, buying % dis., selling par
@% dis.;
New Orleans
commercial, 75(al00 dis., bank par; Chicago,
50@75 prem.; St. Louis, 25 dis.;
Boston, 25@30 prem.
Quotations for foreign exchange are as
follows, the highest
pnees being the
posted rates of leading bankers:
4 83
5 20
40
943s
@4 84
35 193s
@
4014
95*8®
95ia
Jan.
Jan,
Jan.
Jan.
8.
9.
10.
11.
*102
*102
*102
*102
*11338 11350 11350 *113*2
♦1133a 1135a *113*2 1135s
*11938 119 *2 1195s 11950
*11930 *119*4 11950 1195s
*102
Jan.
12.
*102
*U33g Ul?**
*11330
113k*
*11930
*11930
119%
119%
J.
& J. *130
*130
*130
*130
*130
*131
*132
*130
*131
*132
*131
*132
*132
*131
*132
*131
♦132
*132
*132*2
was
made.
Balances.
Date.
Shares.
262,770
233,804
207,535
146,583
quiet opening at the beginning
fictitious activity and unhealthy
by
84%@4 86
34 84ia
.
1883.
in stocks by two facts—first, that the last four
months of
1882 entailed considerable losses on a
large number of moder¬
ate operators, and, secondly, that the railroad
kings and their
immediate followers have so far done
nothing
this year to
an
stimulate
advance in the general market.
Upon
the whole,
it is more favorable to have a
Nothing is
4
4 84
U. S. Sub-Treasury.—The
following table shows the receipts
and payments at the
Sab-Treasury in this city, as well as the
balances in the same, for each
day of the past week:
Jan.
“
“
“
“
Total..... 3,409,289
2.510,8 45
It is not difficult to account for the
relatively small business
a
94303
*132
*132
*This is the price bid at the
morning board; no sale
Sunday.
of the year than to have
advance to be followed
at 3*2-. Q.-Feb.
reg. Q.-Mar.
coup. Q.-Mar.
reg. Q.-Jan.
coup. Q.-Jan.
68, cur’oy, 1897..reg. J. & J. ‘131
6e, cur'cy, 1898..reg. J. & J. -132
6s,c!ir’cy. 1899..reg. J. & J. '132
dem.
FRIDAY, JAN.
4 81
@ 4 82
4 80 '34 80^
4 79*2@4 80
5 231*35 22ia
393* 3 3978
3sf option U. 8
reg. Q.-Feb. *103*4 1033s *103*4 10330 103*4 103%
6s, our’ey, 1895..reg. J. & J. *129
*129
*129
*129
*129
*129
The Money Market and Financial Situation.—The
money
market is quite easy, and the reports of railroad
earnings are
good, but the stock market remains very dull and prices are
barely maintained. For the first eleven days of this year the
total number of shares sold at the stock board was as follows
:
1882.
“
Demand.
United States Bonds.—There has been a
very fair business
kept up in government bonds, and the demand from banks
and investors is
larger than was expected after the year had
turned.
Of course the action of
Congress at this session
may have much to do with the course of
governments, and
it remains to be seen what the
tendency of legislation will be.
The closing prices at the N. Y. Board
have been as follows:
5
'
*•
Sixty Days.
'
The following dividends have recently been announced:
Jan.
49
“
6..
8..
9..
10..
11..
12..
Total....
Receipts.
Payments.
$
$
1,256,786 74
1,353.272 12
1,223.989 75
1,126.703 69
-
839.875 49
865,523 72
6,666,151 51
State and Railroad
Coin.
Currency.
1,345,198 93 111,641,147 19
1,205,026 12 111.745,300 38
907,605 73 112.209.403 20
885,393 36 112,370,149 17
1,2U,478 10 111.921.404 09
839,783 81 111,777,163 65
$
5.295,578
5,339,670
5,191,952
5.272,516
5,306,658
01
82
02
38
85
5,476,639 20
6,437,486 05
Bonds.—Tennessee
had
Treasurer;
where is that Treasurer now ? For
years the State of Ten¬
nessee had been
toying with her creditors as a cat toys with a
mouse ; she had
taught her State officers that the funds col¬
lected
and
properly applicable to interest should not
be paid to the bondholders, but the
a
bondholders were merely
permitted to know that the State had the money and that
they
could not get it. Finally, Treasurer
Polk, becoming confused in
his mind as to who really did own the
money, put some of it
where he thought it would
grow^tluffastest, namely, in mar¬
gins on the stock of Memphis & Charleston, a good Tennessee
railroad. He became very “
long ” of M. & C. stock, but short
in his accounts about $400,000 ; and now a
great cry of indig¬
nation is heard in Nashville
against the Treasurer, who had
learned his lesson too well, and
Tennessee, with pistols and
guns, pursues poor Polk over her borders into a
neighboring
State and arrests him there,
among the prickly pears, near San
Antonio. Consistency, thou art a
jewel!
There has been some activity in Southern State
bonds, partly
owing to the Arkansas decision, and North Carolina special
tax sold to-day quite freely
at 9 to 9%: South Carolina nonfundable, 7%; Virginia 6s deferred, 14%; Louisiana consol 7s.
ex-coup, 65%; Arkansas 7s, Central Railroad issue, 20.
Railroad bonds have been in fair demand
investment orders, but prices this week do
a
tendency to advance towards
on
well distributed
not,
much
as a rule, show
higher figures.
Railroad and Miscellaneous Stocks.—The stock market
has been devoid of animation, and in the absence of
active
purchasing the prices of some stocks are barely maintained.
It is probable that all parties are
waiting to see how business
affairs start out in the current year, and if
everything prom¬
ises well in commercial affairs as time
goes on, the general
interest in
the stock market will increase.
Railroad earnings for the year 1882 are
published to-day on
another page and make a very creditable exhibit,
considering
the small crops of the previous -year and the war in rates
which existed in the early months.
The Southern railroads must have a great deal more cotton
to transport between this time and the first of
May than they
had last year, and in the West, corn will be a much heavier
item than in 1882.
It seems highly probable that the
litigation between the
Western Union and Mutual Union
telegraph companies, and
that between the Metropolitan and Manhattan elevated
roads,
will be settled before long, as it will become too
-
to
keep it
one
up. These matters being
of the small clouds which has for
unprofitable
adjusted would remove
some time been
hang-
ing over the market.
Nothing more has been heard definitely of the consolidation
among the Gould roads rumored to be iu contemplation, but it
is more than likely that some change will take
place in that
direction.
President Dowd, of the Hannibal & St. Jo,
says that the fol¬
lowing is an approximate statement of the result of the
year’s business, viz.: Gross earnings 1882 about $2,418,000;
increase in net earnings over
percentage of operating expense*
will be a little less than 57 per cent, as
against 62 per cent for
expenses, $1,374,000; giving an
1881 of about $171,000. The
1881.
THE CHRONICLE.
50
DAILY
Saturday,
Jan. 6.
lUlMtOADS.
82
67
A No..
Chesapeake A Ohio
Do
lstpref....
2d pref
Chicago A Alton
Chicago Burlington A Quincy.
Chicago Milwaukee A St. Paul
pref..
Chicago Rook Isl. A Pacific....
Chicago St. L. A New Orleans.
Chicago St. Paul Minn. A
Do
.
Ora.
prel
Columbia A Greenville,pref...
Columbus Chic. A lnd. Central
Columbus Hocking Val A Tol:
Delaware Lackawanna A W est
Deliver A Rio Grande
Dubuqae A Sioux City
East Tennessee Va. A Ga
pref.
Evansville A Terre Haute ....
Fort Worth A Denver City....
Green Bay Win. A St. Paul...
Hannibal A St. Joseph
Do
pref....
Do
Houston A Texas Central
Illinois Central
Indiana Bloom’n A Western
Lake Erie A Western
Lake Shore
..
Long Island
Louisville A Nashville
Louisville New Albany A Chic
Manhattan
common
Manhattan Beach Co
Memphis A Charleston...
Metropolitan Elevated
Michigan Central
Milwaukee L. Sh.A Western..
prer.
Do
Minneapolis A St. Louis
pref..
Missouri Kansas A Texas
Missouri Pacific
Mobile A Ohio
*
Morris A Essex
Nashville Chattanooga A St. L.
New York Central A Hudson .
New York Cliie. A St. Louis...
pref.
Do
pref.
New York A New England....
New York New HaveuA Hart.
New York Ontario A Western.
Do
Northern Pacific
Do
82
794
82
67%
63
79
82
67 34
23%
*224
23%
33
26
*31
35
.
..
Do
pref
St. Paul Minneap. A Manitoba
Texas A Pacific....
Toledo Delphos A Burlington .
Union Pacific
Wabash St. Louie A Pacific...
Do
pref.
MISCELLANEOUS.
American Tel. A Cable Co
Bankers’A Merchants.’ Tel....
Colorado Coal A Iron
Delaware A Hudson Ctmal....
Mutual Union Telegraph
Oregon Railway A Nav. Co
Pacific Mail.
Pullman Palace Car.
,
Telegraph
87 4
68*4
25
25
70
87 4
23
*324
234
35
24
1364
105 4
126*4 1264
133*8
1474 148
124 4 125*4
133*a 135*4
149
126
*84
52*4
150
127*4
"5278
133% 135
14&4 149 34
127
126
122
13334 135
1434 149
80
52
83
140
4*2
‘3%
12634 128
44*3 45*3
934
10
*17*3
18
52 7s
83
83
139 34 139 34
824
*13841394
44
44
127 4128
44%
464
10
17 34
10
47a
47{
94
*174
18
78
'75
143
33
50
79
79
*34
1434
3334
31*8 3134
112*4 1134
*60
61
53 % 5434
*44
*44
19
50
82
*17 ‘
48
28*o
64
32*4
47
86
47
19
52
82*4
98 4
20
48*4
28%
65
33
102% 103
19
19*2
14341444
34
314
113*4
34
31
112
81
784
145
1444
34 4 35
*834
*44
*18
49
83*4
934
*474
*88
10
124*4 1244
51
Lowest.
Highest.
9834
*17 4
48*4
48*4
29
65
32 7e
65
324
103 4 1034
*19
194
534
39%
50
170
26*8
*13
*33
13
85
26 7a
54%
105
40%
50
......
26*4
4834
4 9•‘8
85 34
13*2
34
13*8
85 7e
27
56
594
1254127 4
584
15
33
105
15
33
*96
33
1024
194
*170
59*4
1264
144
33
394 404
*824 824
50
50 34
12641274
4334 44 4
10
1734
80
80 4
144
144*4
33 *2
34 *4
2614
18
484
484
48 4
49 4
65
*61
97 4
98
97*4
404
4
52*4
264 264
28-
28*8
28*4
64
334
39 34
40*4
50*8
504
175
264
26*4
49
494
86*2
134
334
484 49
484 494
854 86
13*8 134
80*4
394
26 4
*26
13
49
49
85 4
134
12
*4 *124
474
474
85 4
85*4
854
85*4
844
27
27*4. *264 27*4
*264
54*4
^136
137
55
254
*55
24
59
55 4
55
1354136 4
65
50
88
50
20
52 4
85
984
48 *2
29
65
*28
*634
33*4 334
103 4 1034
123
123 ^00 4 604
1264 127
15
144
32
*96
324
105
40*4
82*4
394
82 4
*23
21
.
26
55
*23
244
21*2
21*4
214
21
22
50
50 7,
504
504
51
92%
92%
53*4
95
33 •
53
*32
34
*524 53 4
*98 4 100
38 7a 33%
97
97
141
1414
38%
39%
93
*314
93
914
*31*4
*51*4
172
634
35
544
344
544
67 4
35 4
55
21-
21
140
234
140
35*8
544
814
804
354
54*4
264
264
85
274
554
1364 1364
48
48*4
484
494
85*4
854
134
324
13 4
324
83
83
27
554 55 4
136*4 136*4
27
*126
234
140
814
42
81*4
*134
134
*134
136
93
92*4 9276 *92
65 4 *83 4 65
*63
129
126
126
126
*25
*8
135
93
65
126
*25
Ontario Silver Mining
10
40
324
*504
53
55
234
20 4
234
2L4
324
52
95
*31*4 33
*51*4 53
*98
100
40 4 404
*50
924
52
92 4
52 4
49 4
22
21
21*4
*504
5134
93
34 4
53 4
934
22
18
18
354
354
*8
*35
64
103
34 4
54 *4
1034
35 4
54 4
9
40
18
*8
*35
28 ^ 28 4
1084 1034
133
*91
84
*125
133
93
-
64
126
274
274
354
354
Ym.V. .*.*.*!
102 4 103*4
344
51*4
354
54 4
68
68
*8
*35
5,802 120
133,622 103%
800
200
80
16.750
50*8
4,920 109*4
Low. High
191
*131
92
*60
135
92
65
1254 1254
274
274
634
*14
35
37
35
*16
*8
*35
9
40
3
3
3
Jan. 10
Jan. 2
Jan. 3
Jan.
Jan.
2
4% Jail.
21
30
6
72
75
400
3.536
HI
96*2 128*4
144*4
150%
175
3
82
4
78%
3 145
35
3
3
32%
3 114*4
2
61%
2
55%
9
68
Jan.
4,780 29% Jan.
33,840 110% Jan.
1,800
60
Jan.
78,140 51 % Jan.
400
64 78 Jan.
600
50
47
200
18
46
82
Jan.
84% Jan.
43,905
1,100
16,050
Jail.
Jan.
Jail.
Jan.
96
17*4 Jan.
47% Jan.
"800
900
900
27% Jail.
60
43,560
24,010
Jan.
30% Jan.
100 % Jan.
18
Jan.
937
177
122*4 Jan.
55% Jail.
80.396 125*8 Jan.
5,160
14% Jan.
9,600
4,300
32
Jail.
129,500
37
7s Jan.
79% Jan.
Jail.
50
61
171% Jan.
1,025
25% Jail.
18
3,400
71,218
16,119
Jan.
47% Jan.
46% Jan.
83 7§ J an.
2,083
12% Jan.
5
350
31
Jan.
11 % Jan.
21,081
82% Jan.
1,650
37,400
26
Jan.
52*4
135
139%
14 %
2,310 49 %
143
10
200
1,050
32,940
.
'
22
20
32
48
90
1,420
1,100
Jan.
Jan.
Jan.
Jan.
J an.
Jan.
Jan.
Jan.
Jan.
Jan.
34% Jan.
52 % Jan.
5
98
1,200
Jan.
38% Jan.
300
621
Jan.
Jan.
95
139
GS,331
36% Jan.
6i.905
101*8 Jan.'
32 7e Jan.
52
J an.
23,875
G578 Jan.
Jan.
28% Jan.
3*306
3,065 107
405
21
920
Jan.
Jan.
Jan.
138
2,210 40% Jan.
1,260 122 Jan.
35,955
79% Jan.
*4 Jan.
65 133
Jan.
255
9L
J an.
140
63% Jan.
210 125
Jan.
made at the Board.
2178
7*
68
8
18
15*2
264
Jan. 12
2
29*2
Jan. 12
45
72
61
il°>
110
111*4
9
92*2
9 127*4 150*2
9
30
49*2
Jail. 5 23*2 45
Jan. 4 98
120*8
Jan. 11 49*2 65
Jan.
Jan.
Jan.
46*2 100s4
57
78
9
49% Jan.
9
3
88
40
82
40
60'8
98*2
Jan.
Jan. 12
-
4
3
6
2
6
3
2
3
3
3
69*8 Jan.
133
Jan.
30% Jail.
109 % Jan.
Jau.
Jan.
12 65% Jan.
5 126 Jan.
400
35
Jan. 11
74
4 65
132
3 125
33%
5 25
5 102% 119%
23% Jan. 8 19 7fe 30*4
163%
140
Jan. .6 128
5 32 34 48%
43 *4 Jan.
145
5 117
125
Jan.
82% Jau. 9 76% 93%
1
3
*4 J an.
5 135
3 93
27% Jan. 10
18
Jan.
8
5 133
5 90
6 62
8 125
27% Jan. 10
18
Jau. 8
35%jan.
8
10
40
6% Jan.
J an.
8
3
% J an. 12
14
86%
6
9
5
18
17
104
116*4 150*4
38*4 74=9
82
96*a
6% Jau. 8
18
Jan.
3
% Jan. 12
•
*15
62
Jan.
205
500
18
16
84
29% 58*4
97*2 117
53
19
6 15
2
Jan.
37
8 42*4 82*9
55
Jan.
3
8 77
Jan.
0 85
93
5 77
3 99 *8 Jan.
105
4
18
Jail.
3
13
21
0 41% 58*4
4 48% Jan.
4
2 29
Jan.
19
3634
5
3 65*4 Jan.
59
77
i
r
3
34*8 Jan26% 42'a
5
3 103% Jan.
86
112*2
3
19% Jail. 5 12'
35%
9 11934 128
Jan.
3 124
3 60% Jan. 12 47
87*2
5 123% 138
3 128*4 Jan.
3
15% Jan. 5 10*2 17 34
4
2 35
Jan.
27
37%
100
109*2
5 33*4 4334
2 40% Jail.
83
5 67
3
Jan.
88*4
5
60*2
52% Jan. 9 45
186
11 175
Jan. 10 168
3
26% Jan. 4 20% 31%
8 16
24
18
Jan.
8
9 44*4 60
3 49
Jan.
3
49% Jan. 9 28 34 54%
9 66 34 100%
•3 86% Jan.
5
3
13 % Jan.
11% 25%
42
3
34% Jan. 4 27
11
6
5
23%
13*8 Jan.
3
98%
86*4 Jam 5 60
204
165
5 23
3
27 % Jan.
39%
o
56% Jan. 9 4634 67*2
130
139
8
2 137
Jan.
3 141
6 131*2 144
Jan.
40
6 13
15
6
Jan.
250
5 52
12 57% Jan.
263
p 23
12 21*4 Jan.
2 22
Jan.
5 17*2 36%
40
5 32% Jan. 10 20
3
53*4 Jan. 9 20*2 50
94 *a
3
9 55
95
Jan.
46%
12
34% Jan. 12 31
66*2
4
54% Jan. 12 43
79 34 106%
3 1(H) % Jan. 11
9 26.
42%
4 40% Jan.
68
4
3
99*4
9 7 % J an.
5 108*2 166*2
3 143
Jan.
55
9 34
3 40% Jan.
8*2 19
3 104*4 Jan. "5 98*4 119%
5 23*8 39%
2 35% Jan.
2
55% Jau. 5 45 7e 71%
132
-
*13
140*4
68
6*4 Jan.
2
Jan.
Jan.
32
31
2
Jan.
Jan.
5,630 141% Jan.
100
Robinson Mining
8llver Cliff Mining
St wroont Mains'
29
145*2
68
1,110
30
97*a
37%
82% 97%
19*2 27
27*4 41%
66
200
634
63*4
73
30
9
4
3 129*4 Jan.
2
46% Jan. 8
89% Jan. 12 89% Jan.“ 12
9 % Jan.
9
10*4 Jan. 2
17% Jan. 11 18 *4 Jan. 2
1,685
2,200
134
92
95%
80*a
85%
5
65*2 92*4
2 133
140
126% Jan.
210,752 39 % Jan.
12541254
*274
5
25 *4 Jan. 11
136% Jan. 9
124% Jan. 5
107
Jan. 5
122
9
Jan.
136% Jan. 4
151*8 Jan. 5
127*4 Jan. 5
80
Jail. 10
53% Jan. 5
113*4 Jan. 5
84
60
67
44
14
27
50
350
92
33%’Jau.
3
2
37eJan.
68 4
134
3
Jan.
Jan. 3
71% Jan. 5
88
Jan.
5
23*4 Jan. 10
2 84
Jan.
Jan. 11 140
130
25.600
1034 103 4
J an. 12
Jan. 5
J an. 4
44
8(i
1,300
80 %
83
68 %
15
28
3
3
9
3
2
2
3
4
3
3
119% Jan.
37,020 132*4 Jan.
3,844 145% Jan.
9,110 123 Jan.
64
These are the prices bid and asked; no sale was
134*4
1024 1034
344 35 4
54 *4 55
63
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
30*2
23 4
439
18
9
40
22
136
234 2834
10341084
214 214! 22
22
i'394 140** 133 1394! 1334139
42
414 414| 414 414
414 414
123
1234*123
124
1234 124
814 82 I
814 82*4
*8 24 814 32
294 294
1084 1084
23
234
43*8 43*8
414 424
1244 1244 *123 4 1244
804
'214
68
29
284 284
294
1084 1084 108*8 1084
140
55 4
24 -4
103
630
110
172
344
54 4
100
*984
10041004
*99
100
*394 ,41
394 394
40 4
39
404 404
96 4 964 *97
■ 98
964 964 *96% 97 4
*964 98
'141
142
143
*142
1414 142
143
1414 1424 *142
40
404
394 404
394 404
394 404
384 40
33
*514 53
100
*98
10241034 103*8l0378 1034104*8
34*4
52
24
21
85% Jan.
3,600
141
141
14*2 15
*55*3 60
22,500
14,080
10
85%
564
40*8
504 504
1714 1714
*84%
*4
*62
48 4
*83
97 4
*27 4
334
55
1444 1444
.'•18 4
*63
32
86
27
5434 56
136*4 137
50
82
79
81
*75
*48
8534
134
*324
27
31
*17*4
484
49*8
854
13*4.
334
134
30 4
534
*48
"206
105.320
19
98
6
Jan.
Jan.
Jan.
Jan.
Jan.
68*4 Jan.
1274
44 4 45 4
89 4 894
94 10
174 18
127
k45
88
*45
*18
52
3
82
65
15
25
124
32->4 33
31
31*4
304
1124 1124 1124 1134
61
61%
614 61%
54 4 554
544 55*4
33
30 34
*164
175
18
304
79
161
44
50
50
79
79
19
54
82
4 4
174
524
524
139*4 139*4
105
....
264
1394
10
1444
80
82
4
34 4
33*8 33 4
103 4 102 4 103 4 1024 1034
194
194 194 *184 19 4
124
123*4 123*4 1224 1224
60
f>934 6o4 .594 60 4
127*4 1254 1264 1254 1264
144 144
144 11%
144
32
32
32 4 3234
334
*96
40
50
1244 124 4
85
984 994
*174
*474 484
28 4 28 4
*614 65
124
58% 58 %
125*2 127%
14% 15%
32% 33*4
133*4 1344
1464 148*4
82
174
174
79
*77
144
33
1054 1064
1214 1214
1104 1114
1104 111
82
139
23
123 4 124
*79
52
1,230
11,915
•*
334 334
*244 254
1364 136 *2
524
90
10
19
*18
51
85
*28 4
36
*22 4
49 4
85
50
47
85
47
86
47
19
55
85
*14
714
874
148
148
31
31 *4
31*4 3134
1134 1134 112-4113
61
61
61*4 61*4
6034
54*4 55
554
544 554
*
60
64 4 65
604
5334
704
87*4
70*4
30 4
*78
78
SO
79
25
44
50
80
*75
674
25
87*4
234
*224
*33 4
304 304
Maryland Coal
69 4
87*8
1274 1284 12641274
43 34 444
454 464
94
17 34
824
82%
82 4
674
80
52%
524 53 4
11234 11134 112*8 112*4 112 4 111*4 112
112
52
67 4
25*4 25*4
1364 1354 135 4
123
123*4 123
1064 1054 106*8
1214
1334 133*8 134
1214
123*4
79 4
*81
804
83 4
24
122
Homestake Mining
Little Pittsburg Mining
Marirosa Land A Mining
Standard Consol. Mining
Cameron Coal
Central Arizona Mining
Deadwood Mining..
Excelsior Mining
New Central Coal
334
234
13634 13634
121*4 121*4
92
64
pref
70*4
874
23*4
33 4
694
874
234
10538 10634
121
121
134
Wells, Fargo A Co
COAL AND MINING.
Consolidation Coal
26
71
67 4
.67 4
26
87 4
*22 4
EXPRESS.
Adams
American
United States
*82
105*4 10638
85 %
Oregon A Trans-Continental..
Panama, Trust Co. certificates
Peoria Decatur A Evansville..
Philadelphia A Reading
Pittsburg Ft. Wayne A Clilc...
Benrselaer A Saratoga
Rich .A Allegh.'St’ck trust ctts.
Richmond A Danville
Richmond A West Point
Rochester A Pittsburg
Rome Watertown A Ogdeusb.
St. Louis Alton A Terre Haute
pref.
Do
St. Louis A San Francisco
pref.
Do
Do
lstpref.
St. Paul A Duluth
*
Jan. 12.
Jan. 11.
1883.
For Full
Range Since Jan. 1,1883.
Sales of
the Week.
Shares.
Friday,
Thursday,
79
79
*81
67*4
12334 12334
1064 107
4834
Do
Wednesday,
Jan. 10.
1234
123
48*3
pref
Pennsylvania Coal
Quicksilver Mining
PRICES.
LOWEST
*234 28
1354 1354
1234 123 4
prof
Ohio Centiral
Ohio A M i-tsissippi
Ohio Southern
West ern U uion
Sntro Tunnel
82
703s
A West.
Do
Norfolk A Western
9.
69 7s
86 7e
*96
New York Elevated
New York Lake Erie
Jan.
70=8
*83*2
1st pref
Do
8.
87 4
Cincinnati Sandusky A Clev...
*82
Cleveland Col. Cin. A lnd
Cleveland A Pittsburg gnar... *139
Dc
Do
Jan.
86%
*23%
*135%
Chicago A Northwestern......
Do
Tuesday,
Mondav,
70
*22
33
prei
Do
79
82
67 34
79
Canada Southern
Cedar Falls A Minnesota
Central Iowa
Central of New Jersey
Central Pacific
De
AND
HIGHEST
_
Atchison Topeka A Santa Fe;.
Boston A N. Y. Air Line, nref.
Burlington Cedar Rap.
WEEK AND SINCE JAN. 1,
AT THE N. Y. STOCK EXCHANGE FOR THE
RANGE IN PRICES
STOCKS.
[Voi. XXiVL
Jan.
4
14
jau.
4
27%
15%
1%
1*4
13
33
240
8
40
4%
18
%
4
*4
13*2
149%
97%
80%
132
36%
19%
2%
2%
26
40
245
14%
62%
19%
37%
1%
6%
.£’•
1
2
2%
1%
1%
THE
13,18S3.J
juroABT
CHRONICLE.
51
QUOTATIONS OF STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE
to
C, 4b,
190o
-*
7«’ Memp.A L.Rock RR
?S’£r.f.b.&n.o.rr
7s’ Miss. 6. A R. R* BR*
Arkansas Cent.
Connection t-6s,
1883-4..
loob
gold, 1890
-
lonisiana—
'
7b,
consol., 1914
7s,
small
Bid.
Ask.
115
Do
Do
do
’87
New York68, gold, reg., 1887
6s, gold, coup., 1887
116
73*2
30
30
155
155
130
130
10
10
15
15
Carolina—6s, old, J. AJ.
68, old, A. A O.
No. Carolina
68, due 1887
6s, due 1888
6s, due 1889 or 1890....
Asyl’m or Univ., due ’92
Funding, 1894-95
Hannibal A »t. Jo., ’86.
21
72 34
68
N.
6s, due 1882 or 1883....
68, due 1886
31
40
51
37
19
100
107
105
105
114
8 endorsed, 1886
7b,
SECURITIES.
Missouri—
32
RR.
Georgia—6s, 18oo
7s.. new,
Ask.
66
Michigan—
7s, 1890
*87
28
35
36
n*
Louisiana—Continued—
Ex-matured coupon
84
83
85
100
85
102
8.1906....
6gfl0*20s,1900
^fohSded.
1899-1900..
L. Rock A Ft. 8.188.
7b
Bid.
SECURITIES.
.
RR., J.AJ.
off, J.AJ.
off, A.AO.
Funding act, 1866-1900
Do
100
106
107
coup,
coup,
Do
New
107*2
110
114
118
109
109
115
1868-1898
bonds, J.AJ., ’92-8
Do
A.AO
Chatham RR.
Special tax,class 1, ’98-9
Do
# class 2
Do
class 3
Consol. 4s, 1910
6s, Act Mar. 23,
Railroad Bonds.
(Stock Exchange Prices.)
AlaCentral—1st, 6s, 1918
Alleg’y Cen.—1st, 6s,1922
Atclr T.&.S.Fe—4*2.1920
1911.
Atl. A Pac.—1st, 6s, 1910
Sinking fund 6s,
Balt.& 0.-lst,6s,Prk.Br.
Bost. Haiti. A E.—1st, 7s
Guaranteed
Bnr.C.Rap. & No.—1st,os
Minn.&St.L—lst,7s,gu
IowaC. AWest.—lst,7s
C.Rap.IaF.&N.—l8t,6s
1st, 5»,1921
Central Iowa—1st, 7s, ’99
Char. Col. & Ang.-rlst,7s
Ghee. A Ohio—Pur. m’vfd.
6s,gold, series A, 1908.
6s, gold, series B, 1908.
......
1
4
6
6s^
6sj
834
83;
8 34
9*4
6s,
6s,
9
6sj
SO
6s,
new,
new,
84
107
58
*104
Miss. R.Br’ge—1 st,s. f. 6s
C.B.&Q.—Consol. 7s, 1903
5s, sinking fund, 1901..
Ia. Div.—8. F., os, 1919
S. F., 4s, 1919
Denver Div.—4s, 1922..
48,1921
C. R. I.&P.-6S, cp.,1917
6e, reg., 1917—....—
Keo. & Des M.—1st, 5s.
Central of N. J.—1st, ’90.
1st consol, assented, ’99
Conv., assented,78,1902
Adjustment, 7s, 1903...
H.—1st, cons.,6s,
iIFl’tAP.M’rq.—M.6s,1920
105
85
84 5b
1
125
125
125*2'
125*2
Hous.A
T.C.—Ist,M.L.,7s
|
85
|
107
Gal.Har.AS.Ant.—1st,6s
2d, 78,1905
1
Gr’n Bay W. AS.P.—1st,6s
Gulf Col. A S.Fe—7s, 1909 j 110
Han. A St.Jos.—8s, conv..
107
80*2' Consol. 6s, 1911
*106
I 59
j
n'oo" !!I7”
Am.D’kAImp.—5s,1921
C.M.ASt.P.—1st, 8s. P.D.
2d, 7 3-10, P. D., 1898..
1st, 78, $ g., R. D., 1902.
let, LaU.DiVy 7s, 1893.
1st, I. & M., 7s, 1897...
1st, I.&D., 7s, 1899....
1st, C. A M., 7s, 1903...
Consol. 7s, 1905
2d, 7s, 1884
1st, 7s, I.AD. Ext.,1908
S.W. Div., 1st, 68,1909.
1st, 5s,LaC.ADav.,1919
1st, S.Minn.Div.6s,1910
1st, H. AD., 7s, 1910..
Ch. & Pac. Div.,6s,1910
lt>t,Chic.AP.W.,5s,1921
Min’l Pt. Div., 5s, 1910.
C.A L. Sup.Div.,5s,1921
C. & N’tfest.—S.fd ,7s,’85
Interest bonds, 7s, 1883
Consol, bonds, 7s, 1915.
Extens’n bonds, 7s, ’85.
87
132*2
124
126
120
122*4
ioi'* IIIIII
101
*101
I
130*8 131
129*2 131
9534
128
130
*2'
..
i29
2d, 7s, 1907
Gold, 5s, 1951
2d Div., 7s, 1894
122
C.C.C.& Ind’s—1st ,7s,s.f.
Consol. 7s, 1914....
C.St.P.M. AO.—Consol.,6s
O.St.P.AM.-lst,6s,1918
N.Wis.-lst, 6s, 1930..
-8t.P A8.C.-lst,6s,1919
CMc.AE.HL—1st, s.f., cur.
Ool.A Green.—1st, 6s, 1916
rt2dt6s,1926
CoLH.val.A Tol.-lst, 5s
L.AW.—7s, conv.,’92
Mortgage 7s, 1907
Del.
Svr.Bing.AN.Y.—lst,7s
Monts & Essex.—1st,7s
2d, 7s, 1891
Bonds, 7s, 1900
7s of 1871,1901
®on8°l-, Knar.. 7s.
“M8»i:lbt-78'18841st,
Coup., 7s, 1894
Beg., 7s, 1894
let, Pa. Div.,ep.,7.-,1917
112
112
110
120
! 103*4
j 114
125
*
111*2';
*109*4
i
Det.M. AT.—1st,7s,1906
Lake Shore—Div. bonds
(. on sol., coup., 1st, 7s.
Consol., reg., 1st, 7s..
Consol., coup., 2d, 7s.
Consol., reg., 2d, 7s...
100*8 100*4’ Long Isi. It.—lst,7s, 1898
1st consol., 5s. 1931
100*4
! Louisv. A N.—Cons.7s,’98
2d .7s, gold, 1883
j
—
i
Cecilian Br’eh—7 s, 1907
123
:
122*41
125
125*4'
120
120
117
97*4
115*2
100
105*4
;N.Y.C.ASt.L.-rlflt,6s,1921
Nevada Cent.—1st, 6s
N. Pac.—G. 1. g., lst,cp.6s
Registered, Os, 1921....
121
97*2
97*4
97*2
103
i02*8
1023b
x
k
inc.,6s, 1927
P.—Geu’l,6s
Chic. Div.—5s, 1910
Hav. Div.—6s, 1910
Tol. P. AW.—1st,7s,1917
Iowa Div.—6s, 1921
Ind’polis Div.—b's, 1921
Detroit Div.—Gs, 1921..
Cairo Div.—5s, 1931
Wabash—M., 7s, 1909..
Tol. AW.—1st,ext.,7s
1st, St. L. Div., 7s,’89
2d, ext., 7s, 1893
Equip, b’ds,7s, 1883..
Cousol. conv., 7s, 1907
Gt. West.—1st, 7s, ’88
2d, 7s, 1893
Q. A T.—1st, 7s, 1890.
102*2
**86 **
100*4
1*66*2
116
116*2
116
122*2
i*16
115
92 *2
90
92
*8*6*2
82
Han. A
*88*2
*99**
Peoria Dec.A Ev.—1st. 6s
Evans. Div., 1st, 6 s, 1920
Pac. RRs.—Cen. P.—G.,0s
ii3*4
San Joaquin Branch..
Cal. A Oregon—1st, 6s
State Aid bds., 7s, ’84
Laud grant bonds, 6s.
West. Pac.—Bonds, 6s
So. Pac. of Cal.—1st, 6s.
108*2
.
102*2
96 34
ios
No. Missouri—1st, 7s.
West. Un. Tel.—1900, cp.
1900, reg..:
N.W. Telegraph—7s,1904
Mut. Un.T.—S.F.,6s,1911
10358
110
*80*4
......
.....
,.!106
Collateral Trust, 6s...
-T
r
60
97
108*2
99
*100
100
105
108*4
**9*6*'
107*4
ioo'*
95
119
118
119*2
116*2
117**
73'*
1*06*’
(Interest payable if earned.)
Alleg’y Cent.—Inc., 1912.
1073b Atl. A Pac.—Inc., 1910...
Central of N. J.—1908—
Col. C. A I. C.—Inc. 7s, ’90
100*4
100
*92
93*2
Reorga’n Tr’st Co. Cert.
93
r
*
9*9 *
Cent.
100
93"
j
..
54
Ia.—Coup.debtctfs.
Ch.St.P.AM.—L.g. inc.,6s
105
Chic. A E. 111.—Inc., 1907
100
DesM. A Ft. D.—lst,inc.,6s
101
10134 Det. Mac. A Marq.—Inc..
109
109*2 E.T.V.AGa.--Inc.,©s,1931
El.C. A No.—2d, inc.,1970
107*2
111
G. Bay W.A St.P.—2d,inc.
96
Ind. Bl. A W.—Jnc.. 1919
93
Consol., Inc., 6s, 1921..
3934
40 *s
2*6*“
Ind’s Dec.A Spr’d—2d ino
Trust Co. certificates..
Lch. A Wilkesb. Coal—’88
Lake E. A W.—Inc.7s, ’99
90
So. Pac. of Mo.—1st
102*2 103
91*2
N.O.AMob.—lst,6sl930
:
Tex. A Pac.—1st,6s,1905 103
E. II. A N.—1st,6s, 1919
97*2
Sand’kyfdv.—J nc.,1920
Laf.Bl. A*Miin.—Inc.7 s,’99
92
92*2'
General, 6s, 1930
Consol., 6s, 1905
Ol 34
Income A Ld. gr., reg.
Pensac’la Div.—6s, 1920
5734 Mil. L. S. A W.—Incouies
*
St. L. Div.—1st,6s,1921 ’1*0*6**
114
84*2! 8434 Mob. A O.—1st prf. deben.
l8t,RioG.Div.,6s,1930
2d pref. debentures
122
! Pennsylvania ,R K.—
2d, 3s, 1980
3d pref. debentures
117
Pa. Co’s gum’. 4 *28,1st c.
120
Nasliv. A Dec.—1st, 7s. 115
■4th pref. debentures—
S. AN. Ala.—S.f., 6s, 1910
108
i*09
Registered, 1921
N.Y. Lake E.AW.—Inc.6s
*112
Pitt.C.ASt. L.—1st, c.7s
Lebau’n-Knox—6s,1931 ioo
N.Y.P.AO.—1st inc.ac.,7s
*108
Louisv.C.A L.-6s, 1931 100
1st, reg., 7s, 1900
Ohio Cent.—Income, 1920
113
L.
Elio
112*2
AW.—1st, 6s,1919 10034 101
2d, 7s, 1913
Min’l Div.—Inc.7s, 1921
98
Pitts. Ft. W. A Ch.—1st 135*4 136*2
100
98
Sandusky Div.—6s,1919
.71 {Ohio So.—2d iuc., 6s, 1921
98 -1100
98
; Laf. Bl.AM.—1st,68,1919
99
2d, 7s, 1912
1*2*9 130*2 ,Ogdens.AL.C.—Inc., 1920
Louis v.N. Alb. AC.—1st,6s 10134 103
70
3d, 7s, 1912
*
Small
128
88 ; Manhat.B’cliCo.—78,1909
Clev. A Pitts.—Cons. s.f.
Ill
125
117
117»21
N.Y.AM.B’h—lst,7s,’97
4tli, sink, fd., 6s, 1892.
1 Peoria D.AEv.—I nc.,1920
1 Marietta A
I Evans. Div.—Iuc., 1920
1-8
Col.C.AI.C.—1st, consol. 130 '140
Cin.—1st, 7s.
iRocli. A Pitts.—I no., 1921
2d consol., 7s, 1909
125*2 130 !
1st, sterling
Rome W. A Og.—Inc., 7s.
99
136
141
98
lst,Tr’stCo.ctfs.,ass’d
j Metr’p’lit’11 El.—1st,1908
90
115
2d, Tr’st Co.ctfs.,ass’d
2d, Gs, 1899
jSo. Car.Ry.—Inc-.,6s, 1931
I Mex. Ceil.—1st, 7s, 1911.
St. Lonis I. Mr. A So.—
*110
*74
116
lst.Tr’t Co.ctfs. suppl.
i Mieli. Cen.—Con.,7s, 1902 125
i25*2 St.L.V.AT.H.—lst,g.,7s
1st, 7s,pref.,int. accum.
*12134
Consolidated 5s, l9()2 : *102
2d, 6s, mt, accum’lative
2d, 7s, 1898
122*8 1223b
111
St’jr I. ABy.-Ser. B.,inc.’94
2d, guar., 7s, 1898
103*2104 ,
Equipm’t bds., 8s, 1883.
Plain incomes, 6s, 1896.
Pitts. B.A B.—1st,6s,1911 i
113*2 115 !
! 79
6s, 1909
Sterling Mt.Ry.—Inc.,’95
! Rome W. A Og.—Con. 1st,
115
ioi*
i
72*2 74
Coupon, 5s, 1931
Koch.A Pitt,-lst.6s,1921 104
St.L.A. A T.H.— Div. bds
114
116
99 7a
;
105
Registered, 5s, 1931
Tol. Del. AB.-Inc.,0s, 1910
114
Jack.Lan.A Sag.—6s.’91
'Rich. A AL—1st, 7s, 1920 77 i 77
'94*' Rich.A Dauv.—Cons.g.,6s: 93 1 94 | Dayton Div.—6s, 1910..
125
127 r Mil. A No.—1st, 6s, 1910.
91
1
8134
48*4
37*a
•r
^
m
30
34
96
57
33
27*’
•-
...
No price Friday—these
-m
85
108
103
100
Ala. Cent.—Inc. 6s, 1918.
Pac.—1st,6s,’95 110
108
1st, 6s, 1896
Deu. Div.,0s,as’d,’99 107
Kans.
1st cousol., 6s,
91
INCOME BONDS.
118*2 120
118*4 119*2
Sinking funds, 8s, ’93.
Registered 8s, 1893...
65
80
82
89
107
103*8 103*2 Spring Val.W.W.—1st, 6s
113*4 113*2 Oregon RR. A N.—1st, 6s
Union Pacific—1st. Os..
Land grants, 7s,’87-9.
1919.
C.Br.U.P.—F.c.,78,’95
At.C.AP.—1st,Os, 1905
At. J.Co. AW.—1st, 6s
Oreg. Short L.—1st,6s
Ut. So.—Geu.,7s ,1909
Exten., 1st, 7s, 1909
Mo. Pac.—1st, cous., 6s.
3d, 7s, 1906
Pacific of Mo.—1st, 6s
2d, 7s, 1891
St. L.A S.F.—2d,6s,cl.A
4-6s, class C, 1906
4-6s, class B., 1906
1st, 6s, Peirce C.A O..
Equipment, 7s, 1895..
St.L.K.C.AN.—It.e.7s
Ora. Div.—1st, 7s
Clar’da Br.—Gs.1919
St. Chas. Br.—1st,6s
...
>10234 103
50
Naples—1st,7s
Ill.ASo.Ia.—lstEx.,6s
105
...
*
.
.
I
Vai Mid.—M.
Wall. St.L. A
—
1st, Springfield Div., 7s
Ohio Central—1st,6s,1920
1st Ter’l Tr., 6s, 1920...
1st Min’lDiv., 6s, 1921.
Ohio So.—1st, 6s, 1921....
Oreg’nACal.—1st,6s,1921
Panama—S.f.,sub.6s, 1910
i
10734 iio
125*4 125 78
•
50
Trust Co., receipts
NewEng.—1st, 7s
1st, 6s, 1905
..
*21107
102
1-ateDayt. Div., 6s, 1910
<n|Wer’l trust, 6s, 1910
11434
*
Ohio A Miss.—Consol, s. f.
Consolidated 7s, 1898
,108*2;
2d consolidated 7s, 1911
IO434; 106
Ced. F. A Minn.—lsr. 7s ’ 113
Ind. Bl. A W.—1st prf. 7s! 114
85
1st, 4-5-6s, 1909
-----
Escan’aA L.S.—1st,6s.
Des M. & Min’s-lst, 7s
Iowa Midland—1st, 8s.. 131
Peninsula—1st,conv. 7s 120
Chicago & Mil.—1st, 7s. 122
Win. A St. P.—1st,7s,’87 *105*2
2d, 78,1907
120*2
MiLAMad.—1st,6s,1905
C.St.L.AN.O.—Ten.1.,7s
1st consol., 7s, 1897
iu *7
i
Dakota Ext.—6s, 1910.. 107 3g 107*2
110
Min’s Un.—lst,6s,1922. *105
St. P. A Dul.—1st,5s, 1931
102
So. Car. Ry.—1st, 6s, 1920
102*2
*90
92
2d, 6s, 1931
107
104*2
Tex.Ceu.—1st, s.f. ,7s, 1909
105
107
1st mort., 78,1911
56
Tol. Del. A Bur.—Main.6s
j
106
95 5b
_
1083b 108*2
2d, 6s, 1909
j
N.Y. A
108
88
74
i*25
2d, 4-5-6s, 1909
92*2
East’n Div.—6s, 1921...
103 *2
1023b
122*2 123*2 Indianap.DASpr.—1st,7s ’102
107
2d, 5s, 1911
Int.A Gt.No.—1st,6s,gold 105
'105*2
94*4 95
106*2 106 7e
85*41 80*2
Coupon, 68,1909
116
117 j Kent’kv Cen.—M.,6s,1911 106
108 sb 109 *4! Lake Shore A Mich. So.—
Midli.S. A N.I.—S.fd.,7s *106*8 107
91«b 9134!
Cleve. A Tol.—Sink, id. *106
90*2 91
New bonds, 7s, 1886.. 107
*112
108
Cleve. P. A Ash.—7s
102
Buff. A Erie—New bds. *120
102*4
*132
134
Kal. A W. Pigeon—1st. 100
!
Coupon,gold, 7s, 1902..
Sinking fund, reg
Sinking fund, 5s, 1929.
Sinking fund, reg
90
123
126
124
103
1st, 7s, 1885....
Reg., gold, 7s, 1902
Sinking fund, 6s, 1929.
m
115*2
107
6034
Arkansas Br.—1st, 7s...
Cairo A Fulton—1st ,7s.
Cairo Ark. A T.—1st, 7s
Gen. r’yA 1. gr., 5s, 1931
St. L. Alton A T. H.—1st.
10534(106
|N.O.Pac.—1st, 6s, g.,1926
Norf. A W.—rG’l, 6s, 1931.
1st, West. Div., 7s
109*2(
1st, Waco AN., 7s
1
*100*2
2d consol., main line, 8s 121*2'
I
1
117*2
2d, Waco A No.,8s,1915
*9*9 ?
109*2
General, 6s, 1921
|
*109
Hous.E.AW. Tex.—1st,7s
*105
105*4' 111. Cent.—Sp.Div.—Cp. 6s
103
1
105
Middle Div.—Reg., 5s..
7b
Len.AW.B.—Con.g’d.as
registered...
108 ?4 109
108
104 3g i*0*5*
75
113
114
110
109*2
2d, pref., 7s, 1894
*
106
2d, income, 7s, 1894
123
Bellev. AS. Ill.—1st, 8s
St. P.Minn. A Man.—1st,7s 107*2 108
8434
7| 109
"9734 jN. Y.C.AN.—Gen.,6s,1910 **50*' 5*2 *
I
14
3-65s, 1924
777.
Small bonds.
Registered
Funding 5s, 1899
Do ~ small
•
*98*
114
1234
98*8, 98;1s Rich. A Danv.—Cont’d60*2
Debenture 6s, 1927
118*2
Atl. ACh.—1st,
111
p., 7s.,’97
100
Incomes, 1900
110 illO*4 SciotoVal.—1st, cons., 7s.
101V101 *4 St. L. A Iron Mt.—1st, 7s 116
105*2
2d, 7s, 1897
-
Ev. AT.
70
54
48
BONDS.
—
*
35
35
1867
consol, bonds..
ex-matured coupon.
consol., 2d series
deferred
District of Columbia—
....
96*2
1866
.
•
N.Y.L.E.A\V.-New2d 6
2d, consol., fd. cp., 5s.
Buf.AS.W.—M. 6s, 1908
ill
...
115
Mil.L.S.AW.—lst,6s,1921
Minn. ASt.L.—lst.7s,1927
|
IowaExt.—1st,7s, 1909
106*4
1065b
2d, 7s, 1891
2d, 7s, 1885
*126
S’thw.Ext,—1st,7s,1910
1st,cons.,guar.7s,1906
Pac. Ext.—1st, 6s, 1921.
Rens. A Sar.—1st, coup. 136*2
*136
Missouri Kan. A Tex.—
1st, reg., 1921
G$n. con., 6s, 1920
Denv.A Rio Gr.—1st,1900 107*2 108
89
90
1st consol., 7s, 1910
Cons. 7s, 1904-3-6.... •.
97
100
Denv.So.P.&Pac.—1 st,7s.
Cons. 2d, income, 1911.
Det.Mac. A Marq.—1st,6s
H. A Cent. Mo.—1st,’90
93*4
Land grant, 3*28, S. A..
'Mobile A Ohio.—New, 6s.
il6 | Collat. Trust, 6s, 1892..
E.T.Va.A G.—1st,7s,190
72*2 ! Morgan’s La. A T.—1st, 6s
10034 101
1st, cons., 5s, 1930
120
i
Divisional 5s, 1930
Nash.Chat. ASt.L.—1st,7s
Ill
Eliz.C. A N.—S.f.,deb.c.6s
! 2d, 6s, 1901
*....JllO ,1 1st, 6s, 1920
N. Y. Central—6s, 1883..
.
J!;Eliz. Lex. A Big S.—6s... 93
6s, 1887
110 1112
126
6s, real estate, 1883
1 Erie—1st, extended, 7s...
*106 *21---2d, extended, 5s, 1919..
6s, subscription, 1883..
i
N.Y.C. A H.—1st, cp.,7s
i02^i
3d, 7s, 1883
107*2
io7Mi:
1st, reg., 1903
4th, extended, 5s, 1920.
110
107
Huds. R.—7s, 2d,s.f.,’85
90*8' 90*4
5th, 7s, 1888
54
129
1st
Can.
1297e
;
cons., gold, 7s, 1920.
So.—lst,int.g’ar.5s
5378|
*
97 78
1st cons., id. coup., 7s..
Harlem—1st, 7s, coup..
116*2
1st, 7s, reg., 1900
Reorg., 1st lien, us,1908
11334'.
Long Dock b’ds. 7s, ’93. 115 i*2*6** N. Y. Elev’d—1st,7s. 1906
*119*2*
BuCn.Y.AE.—1st,1916 128
iN.Y.Pa.AO.—Pr.rn,6s,’95
...
u
102
103*2
6s, 189
Tennessee—6s, old,1892-8
43*2 45
41
6s, new, 1892-8-1900
41
44
6s, new series, 1914
44*2 46
C’mp’mise,3-4-5-6s, 1912
35
Virginia—6s, old
6s, 1886
Rhode Island—
6s, coupon, 1893-99
1869^
non-fundable, 1888.
Ohio—
6s, loan, 1891
6s, loan, 1892
6s, loan, 1893
Del. A H.—Continued—
Pa. Div.,reg., 7s, 1917.. *125
Alb. A Susq.—1st, 7s... 108
6s, currency, 1918
Mortgage 6s, 1911
Chicago & Alton—1st. 7 s.
Sinking fund, 6s, 1903.
la. A Mo. Riv.—1st, 7s.
110
2d, 7s, 1900
St. L. Jack. A Chic.—1st *116*2'..
*116
L.
1st, guar. (564), 7s,’94
2d (360), 7s, 1898
2d, guar. (188),7s,’98.
*
Ask.
Brown consol’n
Do
1*891.
Bid.
South Carolina—
78
75
Small
RAILROAD
ext., 7s,
SECURITIES.
i
ClM.A.|to5,»maU..,
Class B, 5s, 1906
flags
AekJ
Bid.
SBOTBITIES.
BONDS.
aro
latest quotations
made this week.
j Tex. ASt.L.--L.g.,iuc 1920
59
120
*90
37
o2
THE CHRONICLE.
New York Local Securities.
COMPANIES.
PRICE.
are|
Market! thus (*)
not National.
-
America*
Amer. Exchange...
Bowery...
Broadway
'
Butchers’ & Drov’s’
■Central
'Chase
"
Chatham
"*
Chemical
Citizens’
....
""
City-.
Commerce
Continental
Corn
Flast River
Eleventh Ward*
fifth
Fifth Avenue*..
First
Fourth
*
Fulton
Gallatin
German American*.
German Excli .nge*
Germania*
Greenwich*
."
Hanover
Exchange*..”
Traders’*'
Imp. &
Irymg
Island
City*
leather MannfTs’
Manhattan*
Marine
Market....
Mechanics’
***
Mechanics’* Trad*s;
Mercantile
Merchants’
Merchants’ Excli
Metro] olis*
Metro] olitau
Murray Hill*..
..
**i
Par.
100
100
100
25
Pacino*
Bid.
100
25
100
25
100
100
100
100
50
100
100
25
25
100
50
People’s*
151
1G0
Produce*..
Republic...”””*"
&t- Nicholas
Seventh Ward ******
Second.....
Shoect Leather””.*
State of New York*
Third
Tradesmen’s
Union
United States
Wall street....”**'
West Side*
100
50
100
40
100
'135
125
150
135
253
150
153
95
115
100
145 hi 155
i*20*
50
Firemen’s
17
Firemen’s Trust....
10
Franklin & Emp..
100
Geruian-Amcrieah 1 100
Germania
50
Globe
50
Greenwich
\.I
25
Guardian
100
Hamilton
15
Hanover
50
Hoffman
50
Home
100
Howard
50
Importers’^ Trad’s’ 60
100
Irving
J efferson
30
Kings C’nty (Bkn.). 20
Knickerbocker.
40
Lamar
.•— 100
Long Isl’d (B’klj n) 50
Lorillard
25
Manufac. & Build.. 100
Manhattan
TOO
Mech. & Traders’ ..I 25
Mechanics’ (Bklyn)
50
Mercantile
50
Merchants’
; 50
Montank (Bklyn.)..
50
Nassau (Bklyn.) ...' 50
National
37*2
N. Y. Equitable
35
N. Y. Fire
1(H)
N. Y. & Boston
100
New York City
100
....
95
Pailc
I 25
100
Peter
I 20
Cooper
People’s
145
100
Phenix....
50
50
Relief
50
Republic
Rutgers’
Star
Sterling
115
157
Stuyve.-ant
'150
102 34'
Tradesmen’s
United States
Westchester
Williamsburg City.
dan and City Railroad Stocks
and
GAS COMPANIES.
Par.
1
i Amount.
i
Kate 1
Period
1
117
80
125
90
90
100
115
120
180
190
140' 147
110
120
250
280
60'
65
115
130
80
140
120
140
85
145
80
85
80
80
130
75
70
125
180
210
72*3
80
75
110
60
113
60
130
140
75
110
no
150
106
150
90
70
105
53
107
40
120
130
65
100
105
140
100
145
80
5
60
10
65
180
108
170
120
175
120
150
67
85
140
no
75
60
125
85
135
,80
10
125
120
50
1220
126
260
Bonds.
[Gas Quotations by Prentiss & Staples, Brokers, 11 Wall
)
100
110
160
117
145
55
75
120
100
70
50
115
100
25
50
100
100
25
25
25
Standard
240
220
80
165
103
160
j 50
j 25
Pacific
155
no
190
175
190
150
120
130
100
70
90
30
N iagara
North River
148
105
170
160
160
140
115
120
95
—
135
Ask.
230
210
.
100
50
100
-
Farragut
100
20
50
100
100
100
100
100
100
100
40
50
70
Eagle
Empire City
Exchange
25
Phenix
City
Continental
50
100
Park
Citizens’
17
20
Clinton
50
100
100
Bid.
| Commercial
25
100
100
1(H)
50
50
100
Par.
Brooklyn
25
100
100
30
50
75
100
100
25
100
COMPANIES.
American
50
Amer. Exchange... 100
25
Bowery
25
Broadway
130
Brooklyn Gas-Light
Citizens’ Gas-L. (Bklyn.
Bonds
Harlem .'
20
Street.]
Date.
*
Bid.
Ask.
Manhattan
Metropolitan
Bonus
Mutual (N. Y.)
Bonds*.
New York
i-eople’s (Bklyn.)
Bonds
1.000
Var’s
Bonds
Central of New York
Williamsburg
Bouts
Metropolitan (Bklyn )Municipal
Bonds
Fulton Municipal...
.1 an.,
3*3 Oct.,
3
Aug.,
82 183
105
2*2 Jan.,
83 107
6
1982
102
no
Dec.;
Aug.,
.......
3
100
100
81
82
Sept.,
3*2 Nov.,
5
1,000,000 M.AN. 3
3,000,000
7
750,000 M.&N. 6
11,500,000
Oct,,
’82
75
85
’82
50
55
•82 100
'83
78
102
80
170
no
70
Noy.,
Oct.,
Jan.,
Nov.,
’82 165
1888
106
60
.
1st
10
niort
Br’dway ■ Bkln.)—Stock.
Bklyn. Crosstown—Stock
1,000
100
2,000,000 Q.—F. 3*2 Nov..
300,000 M.&N. 7
200,000 Q.-J. 6 Jan.,
1(H)
400,000 Q.—J.
1st mort. bonds
1,000
300,000 Q.—J.
Bushw’kAv. (Bkln)—S>’k
100
500,000 J. A J.
CenLPk.N.A E.Riv.—Stk
loo
Consol, mort. bonds —! 1,000 1.800,000 Q.-J.
1,200,000 J. A D.
Chrisl’ph’r&lOth St—Stk
100
650,000 F. A A.
Bonds
1,000
250,000 J. A J.
DryDk.E.B.A Bat y—Stk
100 1,200,000
1st mort., consol
500&e.
900,000 J. A D.
Eighth Av.—Stock
100 1,000,000 Q.—J.
1st mort..
: 03,000 I. A J.
1,000
42d A Gr nd
100
St.F’ry-Stk
748,000 M.&N.
1st mort
1.0(H)
236,000 A. A O.
Central
6
7
6
6
7
1st mort
Houst.W.St.&P.F’y—Stk
-
1st mort
Second Av.—Stock
3d mort
Consol, conv
Extension
Sixth Av.—Stock
1st mort
Third Av.—Stock
1st mort
\..
Twenty-third St.—Stock.'
1st mort
r
100
1,000
100
500
100
1,000
1,000
500Ac.
100
’82
’83
:83
Jan..
1888
Jau.,
24
107
145
102
208
102
190
190
105
150
’83
’83T45
Jan.,
Dec.. 1902,115
2*2 Aug.. ’82:108
7
1898
106
4
Nov., ’82 250
7
June, ’93 115
3
Jan., ’83 250
7
June, ’84 100
6
Nov., ’82 250
7
April, ’93 no
600,000
78
200,000 M.&N. 7
Nov.. 1904 103
250,000
80
500,000 J. A J. 7
July, ’94 108
1,199,500 J. A J. 5 Jan., ’83 180
150,000 A. AO. 7
April, ’85 103
1,050,000 M.&N. 7
Nov., ’88 106
1)000
100
200,(H)0 M.A 8. 7
750,000 M.&N. 5
500,000 J. A J. 7
2,000,000 Q.—F. 5
1,000 2,000,000 J. A J. 7
loo
1,000
This column show# last dividend
600,000
F. A A.
4
250.000 M.AN. 7
on
Nebraska, 6a
Nebraska, 6s
Nebraska, 4a
Sept., ’83 180
Nov., ’82 240
July,
Nov.,
July,
Aug.,
M*y,
95
114
50
105
92
’90 no
’82 270
’90 no
27
112
147
103
215
no
205
200
112
147
117
112
112
265
117*2
110
115
82*2
103
112
185
108
250-
115
113’82 154
161
’93 113*2 115
stocks, hut date of Maturity of bonds.
Cam. A
92^2
18 *a
92 34
1834 Cam.
...
103
82 ni
*83*
Chic.Burl.A Q.—D.Ex
Conn. & Passumpaic—7s.
Counotton Valley—6s
5s
California Southern—6s..
32
& Burl.
65
109
109*2
111*2
new
r
10434
113*2
Mass. Central—6s
Mexican Central—7s.....
N. Y. A N. England—6s..
7s.....
N. Mexico A So. Pac.—7s
25*2
74
104 34
114
105 *4
26
Co.—6s. ’97.
115V--,—
113 *2
Ogdensb.A L.Ch.—Con.6s
Income
Old Colony—7s
6s
Pueblo & Ark. Val.—7s..
i*0434
Sonora—7 s
L—1st, 6s.
123
119
125
125
126*j
reg.
Cons., Os, reg., 1905
Cons., 6s, coup., 1905...
Cons 5s. rog., 1919
Pa. A N. Y. C.—7s, 1896.
7,1906
Perkiomen—1 st, 6s,cp.’87
Phil AErie—2d.7s,cp.,’88
Dayton Division
86
86i s
17434 175
....
ioiifl
150
161
Cheshire, preferred
*24*
i
Cons., 5s, 1920
102*2 Phila. Newt. A N.Y.—1st
150*2 Phil. A R.—1st,
Os, 1910..
2d, 78,
1893
coup.,
Cons., 7s, reg., 1911
Cons., 7s, coup., 1911..
*2*5
Cons., 6s, g., 1.R.C.1911
Imp., 6s, g., coup., 1897
102
......
„.
2
39
4
89
90
Income, 7s, coup., 1896
Debenture coup., 1893)
Deb. coup,
Gulf—Pref.'
Iowa Falls & Sioux City.
Little Rock it Ft. Smith.
Maine Central
Manchester & Lawrence.
Marq. Houglii’n A Onton
Preferred
Nashua A Lowell
N. Y. <t New England
Northern of N. Hampsli.
Norwich it Worcester...
Ogdeusb. & L. Champlain
Old Colony
Portland Saco & Portsm.
Pullman Palace Car
i*20”
....
*8*8** *89
40
80
78*2
Sunb. Haz. & \V.—1st, 5s
2d, 6s, 1938
Syr.Gen.it Corn.—1st, 7s.
Texas & Pacific—1 st,6s,g
150
49 78
109
160
25
Rio Gr. Div.—1930
Cons, 6s, gold, 1905
Inc. & L. Gr., 7s, 1915.
Union & Titusv.—1st, 7s.
United N. J.—Cons.6s,’94
Warren & F.—1st, 7s, ’96
112
20
Mort. RR„ reg.,
Pennsylv.—6s,
1
Nesquelioning Valley
63’4
G3*2
Erie
<t Norristown
Phila. Newtown A N.Y..
Phila. A Reading
Phila. A Trenton
Phila. Wllm. it Balt
Pittsb. Cin.it St. L.—Com.
St. Paul <t Duluth—Com.
Preferred
;.
United N. J. Companies..
Wrest Chester—Cons. pref.
West J ersey
West Jersey it Atlantic..
CANAL STOCKS.
Lehigh Navigation
Schuylkill Navigation
27 V
39
Pennsylvania
60
20
1106
28
Ex-dividend.
-
-
-
-r,'_
110*2
92*4
94 *a
*62'
i'02*
73*2
*93*
9334
120
**94*
87*2
25
105
85
95
84*4
112
119
»
lbs*
84*2
101*4
115*4
115*2
87
105
90
200
213
m*2
100
50
50
50
50
!
RAILROAD BONDS.
Atlanta it Chari.—1st
8*4
5434
55*4
15
50
16
52
103
104
98
100
74
I nc
Balt.&Ohio—6s,’85,A.&0
Columbia* Greenv.—lsts
2ds
Pittsb.&Conells.—7sJAJ
No.Central—6s, ’85, J.&J.
6s, 1900, A. & O
6s, gold, 19()0, J.* J
98
C’en. Ohio.—6s, 1st, M.AS.
T8734 W.Md.—6s, 1st, g., J. & J.
1st, 1890, J. & J
2d, guar., J. * J.„
2d, pref
2d, guar, by W.Co.,J.&J.
39*2
6s, 3d, guar., J. & J
Mar.&Cim—7s, ’91.F.AA.
118
102*4 104
115*9
—
2d
...
....MAN
8s, 3d, J. A J.
Richm. & Danv.—Gold, 6s
Union RR.—1st, gua.J&J
Canton endorsed
120
7s, K. ext., 1910.
118
Inc. 7s. end., coup., ’94
48
Belvid’e Del.—1st,6s, 1902
2d, 6s, 1885
1*0*4*
3d, 6e, 1887
104
*
..
2*7 34 N.W.Va.—3d, guar.,J*J-
Preferred
RAILROAD BONDS.
Allegli. Val.—7 3-10s, ’96
il85g 1*2*6
Pittsburg it Counellsville
19*4
39
96
103
1910.,
Northern Central
Western Maryland
Central Ohio—Com
59 V
Phila. Ger.
cp.,
Parkersburg Br
60**
54*2
Pennsylvania
Philiufelphia A
1897
1st pref
2d pref
W’asb. Branch
Norfolk <t West’ll—Com.
North Pennsylvania
112*4
1
RATLR’D STOCKS. Par
Baltimore it Ohio
100
_...
Preferred
Northern Central
125
127
103
101
BALTIMORE.
40
50
Preferred
Lehigh Valley
118
—
Schuylk. Nav.—1st,6s,rg.
2d, 6s, reg., 1907
Joy it Lane r
Huntingd’n <t Broad Top
Preferred
Little Schuylkill
Mineliill it Scb. Haven...
ii*7*4
Greenw’d Tr., 7s, reg...
Morris—Boat Loan rg.,’85
54
52 G’
125
Har. P. Mt.
102*o
124
125
121
Penn—6s,coup. 107
Cons., 7s, reg., 1911
22
Preferred
103
121
Lehigh Nav.—6s,reg.,’84.
18
51
....
119*4
124
cp.
CANAL BONDS.
Ches. & Del.—1st, 6s,1886
RAILROAD STOCKS, t
Allegheny Valley
-
Jersey—6s, deb.
6s, P. B., 1896
Gen., 7s, coup., 1901
PHILADELPHIA.
Catawissa
1st preferred
2d preferred
Delaware A Bound Brook
E i st
Pennsylvania
Elmira & Williamsport..
119
117
Cons. 6s, 1909
r.
W. Jersey* Atl.—lst,6s,C.
15*2
Preferred
i*15*i
133*2
West Chester—Cons. 7s..
W’estern
Buffalo Pittsb. it West’n
Preferred
Camden <t Atlantic
90
120
120
93
1st, 6s, coup., 1896
1st, 7s. 1899
131
Preferred..
89
—
West
5*s
15
•
_
sunhury & Erie—1st, 7s.
79
12 L
—
Worces.er it Nashua
Wisconsin Central
—
Rich.it Dan.—Cons.int.bs
ShamokinV. & Potts.—7s
19
Revere Beach & Lynn ...
Tol. Cinn. & St. Louis
Verm t & Massachusetts
off, 1893
Scrip, 1882....
Conv., 7s, R. C., 1893..4
Conv. 7s, coup, off, 1893
Phil.Wil,& Bali.—4s,tr.ct
Pit ts.Cin.it St.L.—7s, rog
7s, coup., 1900
Pitts. Titus. & B.—7s,cp.
118*2 119
25
23
Preferred
Fort Scott A
Common
.
92
*9*6” **9*i
Eastern, Mass...
Eastern, New Hampsli..
Fitchburg
Flint A Pere Marquette.
ioo
ioo
„
—
56
63
Chic. A W est Michigan..
C’iun. Sandusky & Cleve.
Concord
Connecticut River
Conn. & Passumpsic .
Counotton Valley
115
—
,
Main line
STOCKS.
Atchison & Topeka
Boston* Albany
Boston Clinton A Fitchb.
Boston & Lowell
Boston & Maine
Boston* Providence....
m*
Connect’g 6s, cp., 1900-04
Delaware—6s, rg.A cp ,V.
Del A Bound Br —1st, 7s
East Penu.—1st, 7s, 1888
Easton&Amb’y—5s, 1920
El &Wrni8p’t-] st,6s, 1910
5s, perpetual
Harrisb’g— 1st, 6s, 1883..
H.&B.T
1st, 7s, g., 1890
Cons. 5s, 1895
rthaca&Ath.—1st, gld ,7s
Junction—1st, 6s, 1882...
2d, 6s, 1900..:
Lehigh V.—l st,6s,rog.,’98
1st, 6s, coup., 1898
2d, 7s, reg., 1910
Cons. 6s, rog., 1923
Cons. 6s, cp., 1923
N. O. Pac.—1st, 6s, 1920.
No. Penn.—1st, 6s, cp.,’85
2d, 7s, cp 1896
Gen., 7s, reg., 1903
Gen., 7s, cp., 1903
,
40
10 6s
---•
*****
121
Pennsylv.— Gen., 6s,
Gen 6s, cp., 1910
104 7f
iio
New 7s, reg. A coup
Cliart’rs V.—1st, 7s, 1901
Debenture 6s, reg
iNorfolk A Wrest.—Geu.,6s
Oil Creek—1st, 6s, coup..
11334
Rutland—6s, 1st...—
1*13*“
c.
...
74*2
112
102
—
31
Fort Scott & Gulf—78
Hartford & Erie—7s
K. City Lawr. & So,—5s..
K. City St. Jo. & C. B.—7s
Little R. & Ft. S.—7s, 1st
T. Cinn. & St.
Income:
Ati.—l8t,7s,g.,’93
Catawissa—1st, 7s, con.
Cliat. M., 10s, 1888
115 V
A sk.
105
2d, 6s, 1904
Cons., 6 p. c
Ex.
East’rn, Mass.—4*28,
Bid.
Amboy—6s, c.,’83 101 *:*
6s, coup., 1889
Mort., 6s, 1889
Atch. & Topeka—1st, 7a.
Land grant, 7s
Atlantic & Pacific—6s
Income
Boston & Maine—7a
Boston & Albany—7s
6a......
Boston A Lowell—7s
6s
Boston & Providence—7s
Burl. A Mo.—Ld. gr., 7s.
-
1
Croastown—Stk.
104
55
Aug.,
Feb..
Nov.,
[Quotations by H. L. Grant,
Broker, 145 Broadway.]
i
*
Bl’cker St.& Fult.F.-Stk
100
900,000 r. a j.
’83
•'*4 Jan..
1st mort
1,000
694,000 J. A J. 7
July, 1900
Rr’dway A 7tli Av.—Stk.
10< 1 2,1(H),000 Q.—J. 2
’83
Jan.,
1st mort
1,000 1,500,000 J. A I). 7
June, ’84
Brooklyn City—Stock
50
SECURITIES.
BOSTON.
109*2
90
’82 112
’76 45
’82 103
’82
87
3*2 Jan.,
1
375,000 M.&N. 3*2
1 125,000 Var’s 3
50 |
466,000 F. A A. 3
50 11,000,000 Quar.
1*2
1,000 1,000,000 A. AO. 3
100
110
82 155
82 215
5
6
3
1,500,000j M.&N.
112
75
95
160
220
7*2 .J illy.
25 1,000,000 Var’s
Var’s |
700,<)()();M.AN.
100 4,000,000 M.&N.
10 ! 1,000,000 .1. A J.
Scrip
82 107
83 70
82 105
82
92
Nov.,
A sk.
Cam. A
Rutland—Preferred
5
3
315,000 A. A ().
50 1,850,000 F. A A
20 i
750,000, J. A J.
50 4,000,000 J. A J.
100 *2,500,000 M.A S.
500 !
750,000 F. A A.
100 3,500,000 Quar.
1,000
(Bklyn.)
p.c.
1,200,0001 Var’s
1,000
Jersey City A Hoboken
Nassau
25
$
!
2,000,000 Var’s
Bid.
...
‘
(
SECURITIES.
PRICE.
Ask
25
100
Nassau**...
I 100
New York
.*.. * 100
Y-Nat. JExch
100
100
North -America***”
70
North River*
30
Oriental*. ..."
25
j
Quotations in Boston, Philadelphia and Baltimore.
Insurance Stock List.
[Prices by E. S. Bailey, J Pine St.]
Bank Stock List.
[Voi, xxxvx.
50
121*3
Virginia A Tonu.—6s
Wil. it
Wllm. C. A
110
129*8 130
99*4
99
53*4 531*
117
100*4
120
Weldon—Goid, 7s!
t Per share.
108
Aug.—68.
$ in default.
121
li?V,
THE CHRONICLE.
13,18 3 j
January
RAILROAD
Latest
Roads.
Week or Me
New York City Banks.—The following
mar statement shows tL e
condition of the Associated Banks of New York City for the
week ending at the commencement of business on Jan. 6'
EARNINGS.
Jan. 1 to Latest Date.
Earnings Reported.
1883.
1882.
1883.
1882.
*
$
$
St
53
Average amount of—
1st wk Jan
v Wk.
Jan. 6
1st wk Jan
ddo.-Mil.ASfc.
Chic. & Nor Mi w 1st wk Jan
1st wk Jan
Ch.Sfc.E.Min.&O 1st
wk Jan
Denv. & Rio Gr
Hannibal & St. J( 1st wk Jan
Ind.Bloom.A W 1st wk Jan
21.828
.
44,587
343,000
.
.
lot. A Gt. North 1st wk Jan
Dong Island.... 1st wk Jan
Metropol. Elev.
jr.Y. Elevated..
Hortbern Pacific
Ohio Central....
Ohio Southern..
BkLJron Mt. AS.
StL.ASan Fran,
Dul..
BtP. Minn. AM.
Scioto Valley...
Texas A Pacific.
Wab.St.L.A Pac.
fit Paul A
1st wk Jan
1st wk Jan
1st wk Jan
1st wk Jan
10 dys Jan
10 dys Jan
1st wk Jan
1st wk Jan
1st wk Jan
1st wk Jan
1st wk Jan
1st wk Jan
1st wk Jan
1st wk Jan
1st wk Jan
1st wk Jan
Latest
326,055
313,100
.
Lonisv.&NaHbv
11.924
24.764
346,400
72,700
121,300
29,500
39,659
52,699
33.234
75,800
89,000
35,600
58,384
6^;,95]
36,232
241,940
201,640
12.891
13.91(
21,828
44.587
343.000
313,100
75,800
89,000
326,055
346,400
35,600
29,500
58,384
66,951
36,232
241,940
39,659
52,699
33,234
140,900
114,735
140,900
70,016
105,630
72,014
81,549
118.200
55,406
20,082
9,28o
141,818
55,300
18,384
120,000
24,395
70,016
105,630
118,200
20,082
9,280
141,818
55,300
8,291
118,295
284,893
6,516
112,312
54,770
15,137
77,076
7,456
72,981
291,566
Earnings Reported.
11,924
24,764
201,640
13,910
90,784
127,900
72,014
84,549
55,406
24,395
6,516
112,312
54,770
118,295
284,893
Jan. 1 to Latest Date.
Week or Mo
Ala.Gt.Sonthern November.
Atch.Top.AS.Fe November.
Buff. Pittsb.AW. November.
Bur.Ced.R.ANo. December
Cairo A St. Louis 3d wk Dec
CedJtap.A Mo.R October...
Central of Ga... November.
December.
3 wks Dec.
Central Pacific
Charl.Col.AAu
Chesap. A Ohio. 3 wks Dec.
Chicago A Alton 4tli wk Dec
Chic. Bur. A Q.. November
Chic. A East. III.
Chic. AW. Mich
Cln.Ind.St.L.AC
Cincinnati South
Clev.AkronA Col
Columb.AGreen.
Col. Hock. V. AT,
Oonnotton Val..
Danbury A Nor
Denv. A R.Gr.W.
DcaM. A Ft. D..
Det. Lan. A No..
Dub. A Sioux C.
Eastern
E.Tenn.Va.AGn.
Eliz. Lex. A B.S.
Evansv. A T. II.
Flint A P. Marq.
FtW. A Denver.
Grand Trunk....
4th wk Dec
2d wk Dec
December
November.
4th wk Dec
3 wks Dec
4 tli wkDec
November.
November.
November.
3d wk Dec
3d wk Dec
4th wkDec
December.
December.
November.
4th wk Dec
4th wk Dec
4th wk Dee
Dec. oO
...
Gr.BayW.ASt.l*. 4tli wkDec
Gulf Col ASan.Fe December
Hous.E.AW.Tex November.
Hous.ATex.Cen November.
Illinois Cen. (Ill.) December
Do
(Iowa) December.
Iowa Central... December
ICC'.Ft.S. AGull 3d wk Dec
L. Erie A West’n 4th wk Deo
LR. AFt.Smitli December.
LBk.M.Riv.AT December.
louis.N.A.ACh. November.
.
..Mar.Hough.A O
November.
Mexican Cent.. 3d wk Dec
Do
So. Div 2d wk Dec
18S2.
1881,
$
pI.oo?
..
Ohio A Miss....
Oregon Imp.Co.
Oregon R.AN.Co
Oregon A Cal...
Pennsylvania
PeoriaDec.AEv.
..
Philadelp •A Erie
Phila.A Reading
Do Coal A Ir.
Richin.A Dan v..
BfcJohnsb.AL.C.
Bt L.Alt. A T.H,
Do (brclis.)
Bouth Carolina.
1681.
$
$
702.475
78,257
761,945
1,331,470 1,303,385 13.296.823 11,125,756
86.817
60,759
827,897
620.125
232,812 2,800,679 2,259,036
246,062
9,418
10,964
372,717
419,137
312,52.356,642
411,800
419,551
1,968.000 2,225,179 25,713,150 24,094,099
til,457
t32,711
187,677
133,736 3,269,297 2,636,93*8
159,880
134,656 8,211,989 7,557,741
2,199.421 1,816,133 19.523.744 19,270.965
27,011
34,830 1,773,022 1,640.451
2(5,223
25,666 1,422.642 1,253,710
189.956
195,809 2,645,529 2,415,372
242,932
225,937 2,334,542
12.174
12.547
505,967
4*23,6*99
to 3.172
t!2,311
58,073
2,867,28*8
20,905
18.097
17,604
36,168
7,751
28,268
17,705
249,391
338.687
*
*7,550
26,231
24,623
248,308
302,957
61,188
12.494
13,515
65.494
5,682
382,639
10.547
241,447
25,405
410,000
543,092
153,959
55,894
393,127
1.330,195
1,110,039
3,187,415
2,156,9*2*7
41,735
80,070
45,700
122,000
90,891
33,404
88,000
66,051
1,875,146
1,060,187
143,886
6,9*1* 4,8*67 6,733,95*5
1,916,414
1,165,178
1,694,400
1,477,027
1,852,442
1,001.366
1,500,087
1,376,572
62.932
1,174,426
884,519
4.651
2,179,662
1,746,695
3,277,529
2,422,3*0*8
2,403.220
1,902,131
2,689,910
2,267,288
4,967,077
£347,562
£-30,690
£68,810
SouthernJDivision.
Coins.—The following are quotations in gold for various coins
*A
Reich
St^marks.
^Guilders
3 g3
4 73
3 96
3*fi’hDoubloon8.15
55
3
4
4
®15
®15
®
®
®
87
77
OO
75
65
Silver %s and %s.
Five francs
Mexican dollars..
Do uncommerc’l.
—
—
—
—
99%^
92
85
84
English silver.... 4 75
par.
-a — 95
®
®
—
85%
—
85
6 4 83
-® —■ 70%
Doubloons..]5 50
Prus. silv. thalers.
68
fc®U7Kbar8 *• 11 0878®
0878® 11 09%
09% U. S.trade dollars — 99%a — 99%
«jegoldbars—
par»%prem. U. 8. silver dollars— 99% ® par
"fines A
% dimes.
—
99%®
par
Irving
Metropolitan
....
—
927.400
476.500
81.000
251.000
78,800
89.900
50rf 800
1,583,300
329.800
3.913.400
570.700
3.351.200
4.263.400
1.562.400
541.000
*95,900
206.000
16,400
402.800
287.330
884.000
2.091.000
905,000
987,800
2.990.700
1.165.600
3.682.200
13.497,000
1.042.700
632.600
886.600
S
8.134,000
7,543.000
496,000
6.149,300
359,000
1.207.900
279.400
3.022 4(X
281,700
169.400
138.000
82.000
160.600
2.4<
9il0(
772,810
1,541.600
939.00C
1.765.400
7>6.000
3 134,030
402,900
3,000.000
600,000
12,590.000
2,450.00'
347.800
Hol.C'OO
2,3-3 300
2,183.4 0
2.834,930
2,3<39 830
3.268.000
531.40(
229,330
194.400
3*7,400
191.800
126.700
85.300
220,000
207.000
1,542 800
210.500
6,428 00C
500,000
500,000
Corn Exchange..
4.381.600
1,000,000
Continental
1,000.000
5.975.600
Oriental
300.000
1,983,000
Marine
400.000
3,243,000
Importers’ A Tr.,1 1,500.000 20,094 400
Park
I 2.000.000 16,764.330
Wall St. Nation’l
500.000
1,5«1,9
North River.
240,000
1,431.
Bast River.....
250,000
1,0493
Fourth National. 3.200.000 10 072, 00
Central Nat
2.000.000
7,039,000
Second Nation’l
SOO.OOC
2,962,000
Ninth National..
750.000
5,837.800
First National..
500.000 15,112.000
Third National.. l.OOO.OOC
6,020,700
N. Y. Nat. Exch..
300,000
1,376,9(0
250.000
1,890.000
Bowery National
N. YorkCounty
200.000
1,622,700
il erm’n Americ’n
750.000
2,651,500
Chase National..
800,000
4,524,100
Fifth Avenue....
100.000
1,-06.600
German Exch.
200,000
1,547,10C
Germania.
20U.OOO
1,612,400
IJ. S. Nat
500,000
4.393,900
Lincoln Nat
300.000
1,349,000
157.500
306.600
115.600
180.000
642.001
391.2 »(>
73.900
753.000
.
248,000
420.600
838.700
101.000
224.0 10
5O05.
.000
19,00
.
158.900
100.700
.
3,‘<30 30i
831.000
408.000
506. OOP
1.141,800
1.294,000
351.000
497.600
3,582 80r
381,9;>u
749,4 10
177,100
268 800
27.700
807.900
119 3uC
215 230
511.20C
331 6 ■<
330 O00
44 >.8>0
2.180.00
<65 500
443,0*66
i VOJO
4
4.000
609 200
276.066
1
332,9 0
45/» CO
20,780.00'
1,436.700
1,402.000
919.100
16,170 500
7.741 000
3.5 0.000
220,506
540,0 K)
297.0'»0
90,000
590.900
438.400
5.755.800
15,070,000
6.337.100
1,070,700
270.666
1.829.800
2,030.400
225,OGO
180,000
60,000
77.800
1,079.900
192,400
184,400
153,300
4.049,500
1,443,5.)C
..
798 000
1,121.5 JU
45.000
5,400
1.947.500
3.841.000
2 385.400
372.90c
960 100
897.500
21,379,200
81.400
S5A.900
160,200
290.000
350.200
,
1,098 2 )0
21,800
11.751.100
2< O.2P0
407.2J.
246.000
128.000
2.000
533.300
2,3*0 400
1.295.206
3.0>*<» 3O'
10.593 000
500.000
500,000
238,800
280.'>00
1,000,000
500,000
784.600
1.724.900
5.800.400
2.201.200
5.707.400
3,5''8,200
1.390,200
2.850.700
8,070.530
808.300
218.700
255.00(
1.100
267.600
13027.100
4,104 300
5.355.000
2.490.10i
8 023.700
8 871 20*
1.707 50(
2.809 830
8.*io.;oc
2.9-9.80
10.290.000
2 7-38.30(>
2,770 loo
2,271.901
2.080.5,)'
3.314,00(
3.264.800
470,500
tion.
6.418.000
8.586.000
0.049.100
2.360,000
7.8*3.000
338.800
86.300
138.600
404.000
582.900
259.600
656 200
3,784 400
16,332.400
5,375 500
450.000
200.000
700.000
Citizens’
Nassau
Market
St. Nicholas
Shoe A Leather..
384.000
636,000
574.900
531.000
858,200
13,512,000
Circula¬
>
1,688,000
1,476.000
1,050.900
1.479,000
591.300
('03.000
2,675.000
7,192.100 2,783,900
367 500
2.887.200
1,500.000
Chatham
People’s
North America..
Hanover
5.137.100
1.914 3 0
1.807,9 0
1 954,80
43,0'JO
4.r0 000
45.090
60.962,700 317.419,200 60,152,800 20.204,700 302.881,100 17 537,600
Total..
Net deposits
Circulation
Inc. 16.348/ 00
Specie
Inc.
Legal tenders
Inc.
Loans.
2.5*5,700
follow
are as
Inc .$11,217,500
...
De
b7,Vh)0
.
1,549,500
the totals for two weeks:
L. Tenders.
Specie.
1832
S
Dec. 30....311,011.200
1883
Deposits/ Circulation. .4<w. C>e.nv
i
t
57,017,100
*
I
18,084,200
291,663,600
♦
17,625.500 639.818,»87
*0....317.419.200 60.152.800 20.201,700 302,881.100 17,537,609 763.505.437
Boston Banks.—Following are the totals of the Boston banks:
Jan.
1883.
Jan. 2..
Specie. L. Tenders. Deposits.* Circulation. Agg. Clear*
4#
*
SB**
147,583,100
5,064,900
5,2S3,500
92.792.800 30,104,090 57.795.298
6,214,700
143,842,900
5,799,900
93,854,500 30,165,600 83.178,207
Loans.
due to other banks.”
Including the item
Philadelphia Banks.—The totals of the Philadelphia banka
are as
991*: 90
37*8,785
*4 33 ®$4
‘ 87
5.UOO.OOO
1,000.000
1,000.00(1
422.700
Pacific
8..
Wisconsin Cent. December.
94.697
105,163
1 Freight
earnings only.
I Included in Central Pacific earnings above.
ftwelgne
"MKrteons
5,000.00c
Broadway
*
£ 2,943,006
£2,145,386
£ 557,588
25,180
942,433
700,940
24,652
Onion Pacific... December. 2,294.000 2,267.000 30,085,188 29,776,895
Utah Central... November.
136,204
148,972 1,391,415
Hcksb’rgA Mer. November.
59,598
58,745
417,529
Va. Midland
3 wks Dec.
t46,092
t 48,497 1,353,069 1,262,658
West Jersey.... November
68,856
1,036,948
§
600.000
300.000
8GC.000
Loans and discounts
November.
526,685
487,160 5,3 LO, 173
November.
343,793
266,425
October...
435,668
2,8*01*9*08
December.
275,900
4,955,500 4,408,680
November.
112,000
November. 4,373.825 3,840,215 44,9*22,657 40,3*92*427
3d wk Dec.
746,383
14,051
11,910
670,135
November.
284,078 3,675.901
369,588
3,171,537
November. 2,256,749 2,015,589 20,039,227 18,925,212
November. 1.657,792 1,48^,790 14,029,256 12.716,153
3 wks Dec.
f 188,300 tl79,300
3,523,772 3,385,204
October
21,222
216,548
26,444
178,616
4tli wk Dec
32,345 1,371,532 1,424,803
34,110
4th wk Dec
26.892
21,720
873,788
756,024
November.
151.681
134,309 1,164,736 1,119,224
Wo.Pac. Cal...; Septernb’r.
80. Pac. of Ariz.
Sejptemb’r.
Do of N.Mex Septemb’r.
JJ>1. Cin. & St. L. 4th wk Dec
1,000,000
300,000
200,00c
200,000
The following are
1,628,914
240,790
Tenders.
The deviations from returns of previous week
4*82,229
12.294
140,068
18,487
343,857
583,085
180,390
120,122
34,215
30,598
102,229
36,078
340,042
1,550,470
1,141,401
3,413,840
296,984
29,029
Mexican Nat’l.. November.
77,209
Minn.AS t. Louis December.
147,761
126,594
Mobile A Ohio.. December.
258,812
307,643
lashv.Ch.ASt.L November.
181,336
152,059
E.Y.AN. Engl’d 2d wk Dec
00,400
55,807
N.Y.LE.A West. October... 1,819,010 1,814,866
Norfolk A West. December.
217,328
205,699
Northern Cent
1882.
1.000.000
Butchers’ADrov
Republic
Roads.
1.000,000
1.000,000
1,000,000
000,000
300,000
Mechanics’ A Tr.
Greenwich..
Leather Man’f’rs
Seventh Ward..
State of N. York.
American Exch
Commerce
Mercantile
7,121.000
7,164,000
4.457.600
8.553.400
2,000.000
1,200.000
3.000,000
Tradesmen’s....
Fulton
Chemical
Merch’nts’ Exch
Gallatin Nation’]
72,981
8 816,000
8 102,000
2,000,000
2.050,000
2,000,000
City
77,076
7,456
291.566
Net depots
other
than U. S.
Legal
Specie.
S
New York
Manhattan Co.,
Merchants
Mechanics’
Union
America
Phoenix
MN.YUSt’k
15,137
18,384
120,000
8,291
Capital. Loans and
discounts.
72,700
121,300
12.891
90,784
127,900
114,735
Banks.
follows:
1883
Jan. *1
“
8
L. Tenders.
$
Loans.
f>
71,986,731
72,353,2y5
18,011,573
19,379,404
Deposits.
Unlisted Securities.—Following are
Atl. A Pac.—6s, 1st—
Blocks, 35 p. c
93
101%
Chicago A Atlantic... 15
3
Chic. ACan.So utli......
33
1st moit
Tol. Can. So. A Det
9
Contin’L’iCons.-SS p.c 51
Den.AR.G.R’y—Cons. 86%
Denver ARio. Gr.West 1918
1st mort
69 7e
Flint A Pere Marqu’e. 23
—
Guar. 1st
109%
Certs, of indebt
90
Grand Rap. A Ind
9
Ind. Dec. A Spring!...
2
1st mort. fund
Intern’l Imp. 80-p. c.. 44%
Mo. K. A Tex. gen. intg 82%
Lehigh A Wilkesb. Co. 7%
Memphis A {Cha’ston .10
Mexican. Nat.
Pref
1st mort
Subsidy bonds
10%
26%
50%
45
Mich. AO.-Subs.45 p.c 80
Trust Certs
Newb. Dutch A Conn.
1
2
Pref
Incomes
W.Sk.ABuff.—Stk
del.wh.iss.on old sub 27%
5s
71%
Subs. O. A W.,65 p.c 71%
....
Aqq. OU
quoted at 38 New Street:
Bid. Asked.
5
N.Y. Bus. & West.—Stk
50
Pref
16
1st mort
74%
Debentures
50
North Pac. div. scrip. 92%
No. Rlv. Const.—90p.c 102
95%
N.Y.ChicA8t.L. equip. 99
32%
N.Y.L.AW—5p.c.g.stk 82%
10l78
1
%
26*2
....
4%
37%
...
55%
87%
23
70
26
102
tr
*
43,206,411
50,003,-380
9,793.030
9,797.680
Bid. Asked
Host. H. A E.—New st’k
%
Old
ki
Buff. N. Y. A Ph
23*2
Preferred
1st mort
95%
Cal. A Chi.CaT ADk.. 30
Georgia Central
Circulation.
S
64,349,429
60,122,245
1st mort
109
N.Y.A Gr. L.-lst inc. 26
2d income
6
N. Y. Pa. A Ohio
Preferred
2d mort. inc
12
3d mort. inc
6
Atlau. A G W. com
8%
20
75
60
92%
104%
103
82%
109%
:
14%
3
2%
18
10
1
A
Oregon l.nprovem’t... 83
87
Pref
92
1st mort...
93
’
Oregon Sh. Line deliv¬
17
4
100
.'...
86
11
30
*50%
60
100
25
....
ered when issued
Subs. 70 p. c
Subs, ex-bd. A e
o*y
Or.Trans-O.-Sb. Sop o 91%
Or.Trans.Cont.,bds
...
Ohio C.—Riv. Div. 1st.
Incomes
Rich.AD.Ext.subs.TO#
St. Jo. & West
St. Jo. A Pacific 1st.
2d mort....
Eans. A Neb,, 1st...
2d mort
Tol. Cin. A St. Louis
1st mort
Incomes
Vick. AMerid
31
1st mort
7178
2d mort..
71%
112
.
•..
Valley RR. of onn>
-
92
91%
9L%
67%
1»%
35
11%
65
68
18%
55
.....
....
20
/
t>3
19
4
----
>
...^
9
4
93%
"> (
,
,
)7
9-4%
60
54
THE CHRONICLE
hands of the receivers, and supply out of new capital
the
of income so diverted as above, an earnest effort was amount
made bv
the managers during the last year to sell
$13,500,000 of first
series five per cent consolidated
mortgage bonds. At the price
at which these bonds were offered to the
public but
Itweslmimls
AND
STATE, CITY AND CORPORATION FINANCES.
$723,500
The Investors* Supplement contains a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Companies.
It is published on the last
Saturday of every ether month—viz., February, April, June,
August, October and December, and is furnished, without extra
charge to all regular subscribers of the Chronicle. Single copies
are sold at $2 per copy.
ANNUAL
REPORTS.
Philadelphia & Reading.
(For the
year
ending Nov. 30, 1882.)
The annual meeting of the Philadelphia & Reading Railroad
Company was held Jan. 9, in Philadelphia. There was no op¬
position to the Gowen ticket, which was re-elected by a stock
vote of 329,329 shares, of which number Mr. Barton voted 75,000
shares, representing Mr. Vanderbilt. President, Franklin B.
Gowen; Managers, J. B. Lippincott, Henry Lewis, I. V. Wil¬
liamson, Eckley B. Coxe, Edward C. Knight, Joseph B. Altemus.
Treasurer, Samuel Bradford. Secretary, Albert Foster. Mr.
Gowen presented his annual report, from which it appears that
the payments made on deferred income bonds were as follows :
„
First instalment
Second instalment
Third instalment
Fourth instalment
/
Instalments
England.
$1,311,191
America.
$255,060
905,946
2,217,807
2,208,561
290,815
286,215
129,895
>
'
[VOL. XXXVI.
Total.
$1,566,251
1,035,842
2,508,622
2,494,776
were
sold, for all of which par in sterling, or 98 per cent in
dollars
less the discount for anticipated payments of
obtained. More could only have been sold instalments, was
by a sacrifice of
price greater than that which the managers felt they would be
justified in submitting to. * * * To obtain the requisite
amount of money a sale of the $5,000,000 of
unissued general
mortgage seven percent bonds has been made at par, payable
in. cash on January 15. Application will be made to the
court
during the present week to terminate the receivership, accom¬
panied by a petition praying that, before such termination, the
cars and engines now held by the receivers and
paid for out of
income may be transferred to the trustee of a car
trust, upon
which, at six per cent interest, it is expeoted that $2,000,000 of
cash will be obtained to pay the outstanding receivers’ certifi¬
cates. To adjust the claims of the various junior
securityhold¬
ers upon fair and equitable terms, the propositions embraced
in
the following two notices have been made public, the
managers
having previously obtained the assurance of holders of large
amounts of the securities named that the terms proposed would
be accepted. A circular issued in London had the
following:
“Notice is hereby given that six months’ interest on general
mortgage
and Perkiomen mortgage deferred eoupon scrip, at the rate ot six
per
cent per annum, will be paid to the holders, in eash, on and after
1883,
on
payment.
Jantl,
presentation of the scrip, which will he stamped with such
“Holders of the above scrip will have the option until Jan. 1,
1883,
either:
'
“First. Of converting the principal thereof, at par, into first series
five
per cent consolidated mortgage bonds, bearing interest from Nov.
1,
1882, at ninety-five per cent; or,
“Second. Of extending the payment of the scrip, retaining aU'prcsent
security until July 1, 1885, with interest at six per cent per annum, for
which interest new sheets of coupons (payable semi-annually on the 1st
July aud 1st January in each year) will be annexed to the scrip.
.
Total
$6,643,505
$961,886
$7,605,491
P Reference is made to the new “ blanket ”
mortgage, securing
$80,000,000 of first series 5 per cent bonds, of which $72,942,700
are reserved to meet prior liens.
The report then says :
“
An issue of $10,000,000 of second series has been authorized
by the managers, the bonds to run for fifty years from Feb. 1,
18S3, in denominations of $1,000 and $500, with semi-annual
due August 1 and February 1, payable in Philadelphia
and New York in gold, and in London in sterling, at the rate of
four shillings and one penny to the dollar.
The mortgage pro¬
vides that $69,903,910 out of the entire $80,000,000 of second
series bonds shall be reserved to meet the following obliga¬
coupons
tions :r
Mortgages and ground rents on parcels of the Philadelphia
At KeadiDg Railroad Company’s real estate
$1,936,007
Convertible bonds of the Philadelphia & Reading Railroad
uompany
10,422,900
Debenture bonds of the Philadelphia <fc
Reading RR. Co..... 1,124,900
Debenture bonds of the Philadelphia &
Readiug Coal &
Iron
Company
1,731,000
Mortgages and ground rents on parcels of the real estate of
the Philadelphia & Reading Coal <fe Iron Company
694,133
Share capital and obligations of the leased lines of the Phila¬
delphia & Reading Railroad Company, less amount owned
by the company
53,994,970
Total to be reserved of second series
$69,903,910
“Since their election at the last annual
meeting of the stock¬
holders, the earnest attention of the managers has been directed
to efforts to place the finances of the
company on a sound basis
and to terminate the receivership which has existed for
nearly
three years, during which the result of the business conducted
by the receivers has been
:
“
During the
following:
year
the
managers
have had to provide for the
On account of subscription of
$1,000,000 of the stock of the
Shamokin Sun bury & Lewisburg Railroad
Company here¬
after referred to
Ou account of construction of extension to Cat^wissa branch
For payment of January and July interest on
mortgage bonds
For payment of coupons from June,
inclusive, on income mortgage bonds
$517,749
103,270
general
1880, to June, 1882,
1,092,930
409,430
Total
$2,223,379
The present floating debt of both companies is
$5,843,645,
but as the sale of the 7 per .cent general mortgage bonds will
“
now supply the proper funds for the above
expenditures, in
addition to the amount received from the sale of $723,500 of
first series 5 per cent bonds, a very considerable amount of the
floating debt will be paid at once out of the proceeds, so as to
reduce the floating debt to less than the amount still due
upon
the deferred income bonds, which amount it is expected
will be
realized, so as to pay off the entire floating debt at an early
date. In no event will the unissued deferred income bonds be
sold at less than the original issue price of 30
per cent, and as
the receipt of money from this source is now not essential to
the financial success of the company it is probable that if the
original subscribers do not pay for their allotments with
interest, a higher rate than the issue price may be obtained for
the unsold portion in the near future.
r
During the past year important contracts *have been made
.
_
“
with other niiroad
companies for the construction of connect¬
ing lines which will give to the Philadelphia & Reading Rail¬
183.256 road
Company the advantage of connections with the railway
882,941
system
of the New York Central & Hudson River Railroad
For the last year, or eighteen months, the
only reason for the and its affiliating and connecting lines reaching the
continuance of the receivership was the
necessity of providing North, Northwest and West, and opening to the Coal &
money for the large amount of new equipment and new work Iron
Company the large northern and western markets for
required by the rapidly-increasing traffic of the company. * * anthracite coal, which it has so long desired to obtain
The total amount of income used by the receivers for
capital entrance to. Herewith is submitted the contract for one of
accounts during the last three years has been as follows:
these connections, made by the construction of the Jersey Shore
For new engines and cars
Pine Creek & Buffalo Railway, the amount of the mortgage
$2,457,876
For new railroads, real estate, improvements, <fcc
2,139 850 of the Jersey Shore Pine Creek & Buffalo
Funded and floating debt paid
Railway Company
850 453
therein referred to for $2,500,000 having since been increased
Total....
$5,448,179 to $3,500,000, and the bonds secured thereby having been jointly
and
Had this amount of income been used for income
charges, it roadseverally guaranteed by the Philadelphia & Reading Rail¬
could have been applied in liquidation of the
Company, the New York Central & Hudson River Railroad
following:
Receivers’ certificates
Company,
and the Corning Cowanesque & Antrim Railroad
$2,054,458
Current loans of receivers
500*000 Company. The new line Is expected to be opened for traffic
Unpaid interest on junior securities
] 1,431*465 early in the coming spring, by which time the link being con¬
structed by this company owned by the Shamokin Sonbury &
Total yet unpaid
$3,985,923
Interest on general mortgage and income
Lewisburg Railroad Company will also be finished. The latter
mortgage being
paid by the company
1,610,610 company has been organized with a share capital of $1,000,000,
all of which has been subscribed for by the Philadelphia &
Total
$5,596,533
Reading Railroad Company, and a bonded debt of $1,000,000 of
The excess of the above aggregates over the total of
income five per cent mortgage bonds, and its line is
being constructed
withdrawn as above being about equal
to the increased losses by the Philadelphia & Reading Railroad
Company under a con¬
of the first year of the receivership over the
profits of the last tract
which $1,000,000 cash and the entire $1,000,000 of
two years.
While such expenditure of income for capital ac¬ bonds by
are paid to the
Philadelphia & Reading Railroad Com¬
count by the receivers has had the entire
approval of the man¬ pany for such construction.
agers, and been abundantly justified by the largely increased
A still more important contract has been agreed upon, and is
profits resulting therefrom, there must necessarily be a limit to now
being executed by the parties, between the Philadelphia
the time at which the creditors will be
willing to forego the re¬ & Reading Railroad Company, the Philadelphia & Reading
ceipt of interest for the sake of improving the property of their Coal & Iron
Company, the Pittsburg McKeesport & Youghiogdebtor, no matter how much such improvement
may add to the heny Railroad Company, the Pittsburg & Lake Erie Railroad
security of the principal of their indebtedness, and in justice to
Company, the Lake Shore & Michigan Southern Railway Com¬
such creditors it is but right and
proper to terminate a system pany, and
the South Pennsylvania Railroad Company, by
which in itself prolongs the period of
resumption of payment which a line is to be constructed, placing the Philadelphia#
interest charges.
In order to take the property out of the Reading Railroad in connection, via
Harrisburg, with PittsFor the first year a loss of
For the second year a profit of
For the third year a profit of
$1,209,986
“
-
“
“
-
**
,
January 13,
THE CHRONICLE.
1883.]
Cleveland, Chicago, and the lakes, over a route which it is
believed will compare favorably for distances, grades, align¬
ment and local traffic with any of the other trunk lines.
This
Advantageous connection has been obtained without the expendi¬
ture of any money by the company, or without any guarantee of
the bonds of the connecting company, the only financial obliga¬
tion assumed being an agreement similar to that entered into
by the Lake Shore & Michigan Southern Railway Company and
the Pittsburg & Lake Erie Railroad Company, to contribute for
a period not exceeding ten years, if it be necessary, an amount
not exceeding twenty per cent of the gross receipts derived
fcurg,
from traffic coming from the new line, to supply any deficiency
of interest upon the bonds of the South Pennsylvania Railroad
•Company over and
55
1830-81.
Cash and cash funds.
Hoosac Tunnel D. & E. Co
Somerville improvements
Vermont & Massachusetts
—
$184,147
374,000
814,578
170,000
18,601
3,546,961
204,326
111,388
$7,902,095
$10,256,315
228,964
improvement.
Sinking fund
Miscellaneous items
Total.
,
1891-32.
$52,905
Liabilities—
Stock,
common
Funded debt (see Supplement)
Notes payable
Vermont & Massachusetts RR..
Miscellaneous
Profit and loss
Total liabilities
above the net earnings of that company.
$4,500,000
$1,950,000
3,000,000
1,500,000
_
744,291
159,516
591,788
1,035,500
778,617
140,800
301,398
$7,902,095
$10,256,310
406,500
GENERAL INVESTMENT NEWS.
Fitchburg Railroad Company.
(For the year ending September 30, 1882.)
Atlantic & Pacific.—The United States Government has ac¬
The annual report just issued says : “ The road-bed and track
cepted
250 miles additional of the Atlantic & Pacific road, and
were never in better condition.
All the track on the main road
patents for the lands have been duly authorized by the Depart¬
•between Boston and Greenfield, except about fifteen miles, has ment. This road receives land grant of 12,800
acres per mile
been laid with steel rails. The Hoosac Tunnel Dock and in States and
25,000 acres per mile in Territories. It is expected
Elevator Company opened for business during the past season. that in
May or June connection with Southern Pacific will be
We have received thus far no return from our investment in
made, thus giving the Atlantic & Pacific through traffic.
.
this property, as its income must be principally derived from
Buffalo New York & Philadelphia.—The Rochester ter¬
export business, and, on account of scarcity of grain, they have
minus of the Rochester extension of this road will be com¬
had little business since its completion/'
*
*
*
“
As the Hoosac Tunnel and Troy & Greenfield Railroad ap¬ pleted shortly, thus giving the road facility to handle the busi¬
proached completion, various schemes were proposed for its ness. Arrangements have been completed with the New York
operation, some of which were very detrimental to us. We Central for entrance into their passenger depot, and arrange¬
ments made for interchange of business at Rochester.
were compelled to take some action ; and it was considered that
our interests would be best protected by leasing the Vermont &
Chicago St. Louis & New Orleans.—Mr. W. H. Osborn, on
Massachusetts Railroad. Accordingly, a lease was made for 999 retiring from the management of this company, issues a
report
years from Jan. 1,1874.
At that time its net earnings were
about one percent per annum, and could be increased only by
developing it as a part of a through Western line. This fact
settled
our
future policy ;
and
leasing the Vermont & Massachusetts Railroad to Sept. 30,
1882, have been as follows :
.Somerville improvements
Prison land
iReal estate
Railroad Com¬
pany, which contains the following : “ This railway, consisting
of 548 miles of main track, 31 miles of branches, with 106 loco¬
immediately began to im¬ motives, 2,241
we
prove the whole property from Boston to Greenfiela, with the
purpose of securing a Western traffic through the Hoosac
Tunnel.”
*
*
*
“Some of our expenditures on this account, from the time of
•Construction accounts, not
to the board of directors of the Illinois Central
including real estate
$593,883
228,964
14,066
241,394
improvements
.
Equipment
1,934,104
Hoosac Tunnel Dock and Elevator Company stock
374,000
1,546,960
296,663
Improvements Vermont & Massachusetts Railroad.
■Stock material
Total
.$5,230,036
Iu 1881 the great trunk-line war of rates began ; and freight,
and for a part of the year passengers, were carried iu both
■directions at less than cost.
There was a large business ; and
“
our tonnage and gross freight receipts and mileage all in¬
creased, while our net results correspondingly decreased. This
ruinous competition, and the fulfillment of contracts made by
Western railroads, compelled us to transport freight during the
greater part of the present year at even less rates than in
cars, and all other property and rights attached
it, with $1,000,000 5 per cent 1951 bonds, $125,000 6 per cent
bonds, and $623,042 in cash, will be surrendered to you on the
1st proximo, in pursuance of the lease of this property to the
to
Illinois Central Railroad Company, dated the 13th of June,
1882; thus completing your system, with a well-finished rail¬
road and plant, from the lakes to New Orleans.”
*
*
*
“I have the satisfaction of concluding the active
existence of this corporation, which has had five years only of
duration. Your road constitutes the most important north and
south trunk line in the world. The traffic is chiefly in the inter¬
change of commodities, the exclusive growth of the South, for
in the North, and is of indispensable neces¬
sity to a population of six or eight millions of people. The
commodities grown
location of the line is
so
direct that this traffic is
perhaps less
to competition than that of any other line on this con¬
tinent.” * * * “ The betterments, which have cost about
$5,000,000, have been paid for out of the earnings of the property.
The road is not overlaid with debt to correspond to these out*
lays. On the contrary, its improved condition, and the increase
of the traffic, benefited the credit of the corporation to such an
open
extent that it has been practicable to issue and sell
cent bonds to take up the older issues of 6s, 7s and 8s.
five per
In this
*
*
*
1881.”
way the interest charge upon the property, which is intrinsi¬
We may state, however, at the time of writing this report cally worth $5,000,000 more than it was in 1876, has been actu¬
(Dec. 1), that for the last three months our freight business has ally reduced $370,505 97 per annum, and its debt from $18,372,greatly increased, and at rates nearly equal to those received 834 to $17,000,000.” * * * “ You take this productive property,
in 1880, so that, with a continuance of the business under the with a surplus in hand, and with all the powers necessary for its
same circumstances, we see no reason why we should not next
future management. You now own $5,000,000 of the five percent
year make earnings equalling those of any previous year.” * * bonds for which there is no immediate use, as the requirements
Statistics for two year3, compiled for the Chronicle, are as of the Southern line upon capital account are drawing to a
follows:
close, and can readily be met from the earnings of the prop¬
ROAD AND EQUIPMENT.
erty. I therefore beg to suggest to your consideration the
1830-81.
1881-82.
cancellation of this $5,000,000 oj bonds, thus reducing the debt
Milesowneil
186
186
to $13,000,0C0, upon which the interest charge will eventually
Miles leased
59
59
“
,
be $650,000.
Total operated.
245
OPERATIONS AND FISCAL RESULTS.
Operations—
Passengers carried
'
Passenger mileage
Freight (tons) moved
Freight (tons) mileage
2,461,603
39,752,302
1,546,950
109,323,290
Earnings—
Passenger
Freight
$749,169
1,496,459
129,468
Mail, express, etc..
Total gross earnings
expenses
$2,375,096
$1,594,617
130,918
Operating
Taxes
Total
2let earnings
...
$1,725,535
649,561
This reduction of interest charge will enable you
larger dividends upon the $10,000,000 of stock now the
property of your shareholders. This step will reduce your
entire fixed charges to about $1,350,000 on 1,525 miles of road/*
2,959,423
Columbus Chicago & Indiana Central.—At Indianapolis,,
47,628,311
1,822,262 January 10, this railroad was sold by United States Commis¬
112,948,822 sioner \V. T.
Fishback, on a foreclosure of mortgages, to a
committee of gentlemen representing the Bondholders' Com¬
$816,772
There were no other bidders. A
1,521,576 mittee, for $13,500,000.
114,381 deposit of $1,000,000 of the mortgage bonds, required by order
of "the court, was deposited with the Commissioner as a guar¬
$2,452,729
antee of the good faith of the bidders.
$1,859,555
148,331
Flinrt & Pere Marquette,—When the Flint & Pere Marquette
Railroad was reorganized in 1879, the plan specified that the
$2,007,886
245
common
444,813
Receipts—
JJet
earnings....
Premiums
$649,561
Total income
$739,051
and rents
89,500
IHsbursements—
Rentals paid
Interest on debt
Other interost
$240,212
90,000
.
25,216
Total disbursements.
Balance, applicable
Assets—
46,229
$355,428
$383,633
to dividends
$438,301
$167,542
—Boston Advertiser.
Long Island City & Flushing.—For the fiscal year ending*
September 30,1882, the receipts and payments were as follows:
earnings, $211,914, of which 40 per cent as per terms
of lease
Railroad, buildings, equipment,
Real
estate
etc
etc
*
new com¬
pany
Gross
GENERAL BALANCE AT CLOSE OF EACH FISCAL TEAR.
Materials,
stock •* shall not be entitled to vote until the
shall have earned and paid for five successive years seven
percent annual dividends on the preferred stock,” but it was
$444,343 nowhere stated that the common stock forfeited its right to
161,000 dividends during this period if they were earned.
Recently
i:he matter was brought to the attention of the directors by
$605,843
some of the common stock holders, and they have agreed to
$239,572 allow a friendly suit to be brought to determine the rights of
152,500 the common stockholders to dividends under the reorganization*
INCOME ACCOUNT.
_
to pay
$6,117,398
$6,885,628
305,479
423,131
269,800
451,151
Balance, Sept. 30, 1S81
$84,765
29,771
$114,53(1*
iZL
THE CHRONICLE.
[Vol. XX.XV'L
PAYMENTS.
Interest on bonds
Rental for terminal facilities
Legal expenses
Advertising, etc., and stationery
500
26
1,
Real estate mortgage paid
Net
surplus
$42,242
Manhattan Elevated.—At the meeting of the directors of
the Mahattan Railway Company, on Tuesday, the following
statement of the business of the roads for the last three months
was
COMMERCIAL^EPITOME.
$62 294
10,000 $72,294
„
Feb.
Ipre Commercial jinxes.
$54,768
7,000
-
Friday Night, Jan. 12,1883.
We have had severe winter weather
during
Snow has fallen in considerable quantities,
'
presented:
Net
New York...
Earnings.
$968,807
Metropolitan
669,286
Expenses.
$509,517
453,228
Totals....
$1,638,093
$962,745
$159,297
216,058
Interest.
$151,251
195,099
$675,355
$346,350
-
Cent.
1012
01-28
10*12
transportation and making the delivery of merchandise difficult.
ce makes its
appearance in onr harbor, but not as yet to a
sufficient extent to
Ter
earnings.
the past week..
obstructing railroad
cause
inconvenience.
Business is
generally
dull, but mercantile affairs are in a sound position, and there is
no good
ground for distrusting the early future.
The speculation in provisions has been
moderate, and values
‘
Marietta & Cincinnati.—The trustees for
reorganization
eall a meeting of the parties to the agreement for the purpose
of doing all things necessary or proper to reorganize the com¬
pany; and notice is given that such meeting will be held at the
office of McClintick & Smith, solicitors, on Second Street, in the
city of Chillicothe, Ohio, on the line of said railroad, on the 7th
day of February, 1883.
Marquette Houghton & Ontonagon.—The directors, on Jan.
11 declared a 4 per cent cash dividend, besides which the
holder of 50 shares is to have the privilege of subscribing for a
on^-thousand-dollar 6 per cent bond, with five shares of the
stock thrown in. The 40-year 6 per cent bonds, which it was
voted to issue, aggregate $900,000. It is understood that some¬
thing more than half of the new loan is to be devoted to an
extension of the line from L’Anse to the copper fields, which it
was voted to build, and the balance for new
equipment and to
reimburse the Treasury for money expended daring the past
year on permanent improvements.
The semi-annual cash divi¬
dend will call fer $90,361 for the preferred stock and $92,264
for the common stock.
The stock dividend will add 4,500
shares of common stock, for which the company virtually
receives nothing. The new loan will add $54,000 to the fixed
charges, and to maintain an 8 per cent dividend on all the
stock the company must earn an additional $36,000 during the
present year.—N. Y. Times.
—The following statement shows the condition of the
pany’s affairs for all but the last month of the year 1882:
Net
earnings for eleven months
Interest
com¬
$644,081
charges
157,762
Surplus applicable to dividends
Dividend (8 per cent) on preferred stock
$486,319
180,722
Balance
$305,597
Metropolitan Elevated.—It is reported that propositions
are pending for a settlement with the Manhattan
substantially as follows: First—six per cent guaranteed dividends to both ele¬
vated roads by the Manhattan Company ; 2d—after the above
two dividends have been provided for, Manhattan stockholders to
receive the surplus profits up to 6 per cent; 3d—then any
profits remaining are to be divided about equally between the
atockholders of the three companies.
New York West Shore & Buffalo.—At the annual meeting
of the stockholders, the
following directors were elected: Horace
Porter, Henry Yillard, John W. Ellis, George M. Pullman, C.
F. Woerishoffer, R. T. Wilson, H. Victor Newcomb, H. K. McHarg, Frederick Billings, Charles Lanier, John J. McCook,
Theodore Houston and Charles Paine.
Norfolk & Western.—A dispatch from Richmond, Va.,
announces that the meeting of the Norfolk & Western stock¬
holders at Norfolk on Wednesday was harmonious. There will
he no further issue of preferred stock. The company
proposes
to exchange 20,000 shares of common stock for 20,000 shares of
the Shenandoah Valley Road,which will be a controlling
interest.
Richmond & West Point Terminal Railway & Warehouse.
—For the purpose of taking up its floating debt, this
company
proposes to issue $2,000,000 of debentures, in the form of trust
notes, for $5,000 each, secured by a deposit of securities with
the Central Trust Company of New York,
subscriptions to
which are solicited at 90 per cent of their face value. The
notes, which are payable in two years or before, at the com¬
pany’s option, will be secured by a trust deed conveying the
following securities to the Central Trust Company as trustee:
Value.
Amount.
Virginia Midland R.R. Co. Income Bds
Virginia Midland R.R. Co. Stock
$1,603,000
West. Nor. Carolina R.R. Con. 1st Mort. Bds...
We6ti Nor. Carolina R.R. Con. 2d Mort. Bds
West. Nor. Carolina R.R. Preferred Stock
Richmond & Danville Extension Co. Stock
Columbia & Greenville R.R. Co. Pref. Stock
Columbia <fe Greenville R.R. Co. Common stock.
Northeastern R.R. of Georgia Stock
Northeastern R.R. of Georgia Bonds
Knoxville & Augusta R.R. St#ck
Knoxville & Augusta R.R. Bonds
Danville Mocksville & Bouthwest’n R.R. Stock.
Rabun Gap Short Line Stock
Richmond & Mecklenburg R.R. Stock
$801,500
713,460
1,002,000
418,000
-
3,567,300
1,640,000
3,090,000
3,168,300
2,607,100
1,000
1,000,000
120,000
315,000
100,000 )
100,000 >
49,000
216,830
2t0,000
300
100,000
12,000
189,000
,
auo.ooo
103,900
300,000
$17,764,600
-
30,000
25,000
30,000
$3,888,090
A portion of these securities
having been already pledged as
security for debts against the
company, and must be released beforre the trust deed can be perfected, 50 per cent of the sub¬
scription is made payable on or before January 20, within a
week of which time the trust is to be executed. The
company
reserves the right to withdraw the Danville extension stock
from the trast at any time npon the
payment of the amount at
which it is valued therein, $200,000.
lave
been
on
the downward turn until
to-day, when higher
Chicago markets, accompanied by advices of renewed specula¬
tion, brought about an improvement here. Mess pork on the
spot was quoted at $18 50@$18 75, with a small lot sold at
5)18 25; January and February
options $18 25@$18 40; March
$18 40@$18 50; April $18 50@$18 70.
Lard opened weak but
soon recovered, and a
very much better speculation was report¬
ed; Western on the spot sold at 10*87/£@10*90c.; refined to the
Continent ll*05c.; South America ll*30c.;
for future
delivery
Western sold at 10*88@10*96c. for
February, 10*97@ll*C236c.
for March, ll@ll*07c. for
April, 11 *07(911 *16c. for May, 11*19<^
l*23c. for June, 11*22(9)11’25c. for
July and ll*28@ll*30c.
August; the market closed stronger, with a good specula¬
Bacon quiet at 9%@9^c. for long clear. Beef
'iams sold at $18 50.
Beef qniet; city extra India mess $26 50@
$28 50.
Tallow firm at 8%c. for prime.
Prime Western
stearine quoted 11c.; oleomargarine 10c. Butter dull but
cheese steady.
Rio coffee until to-day was quiet on the
spot and latterly
rather weak at 7M@8c. for fair, though at the close the market
was more active and
fully up to 8c.; options have been fairly
active at some advance; No. 3 sold to-day
at 5*85@5*90c. for Jan_
uary, 5*70c. for February, 5*80c. for March, 6(96*05c. fer May
and 6*05c. for June, while fair sold at 7‘70c. for
January and
March; mild has been in fair demand and steady. Rice has
Deen in fair demand and firm.
Spices have been quiet, and
East India products, especially pepper, have been
weak, owing
to the reduction of 10 per cent in the duties on
spices from that
part of the world. New Orleans molasses has been firm, but
latterly only moderately active; foreign dull. Foreign fruits
have been moderately active^and about
steady as a rule ; Turk¬
ish prunes declined slightly early in the week, but have
latterly been firmer. Tea at the auction sales has latterly
brought firmer prices for Moyune green and Japan, though
other grades have shown some weakness. Raw
sugar has been
easier at 6%c. for fair refining, with a better business in East
India grades, but little trade in Cuba sugar.
: :or
tive interest.
Hhds.
Receipts since Jan. 1
Sales since Jan. 1
Stock Jan. 10,1883
Stock Jan. 11, 1882
11,762
9,790
27,805
16,827
Boxes.
8.327
7.714
Bags.
147,760
69,328
604.766
322,918
Melado.
175
*
175
41
Refined sugar has been firmer for yellow and soft white, the
demand for which has increased ; powdered closed at 9c., gran¬
ulated at 8%c, crushed at 9%e. and standard “A” at 8%@8lie,
Kentucky tobacco has been quiet. The sales for the week
only 480 hhds, of which 400 were for export. Prices are
unchanged; lugs 5/£(96%c.; leaf, 6%(911;^c. for light and
heavy. Seed leaf is dull; the proposed tax apd tariff legisla¬
tion hurts business, still the sales for the week are 1,630 cases,
as follows : 830 cases, 1881 crop, Pennsylvania, 9^@13c^.; 200
cases, 1880 crop, Pennsylvania, 8(913c.; 350 cases, 1881 crop.
State flats, 10@llc.; 150 cases, 1881 crop, New England, 16@
25c. and 100 cases, 1881 crop, Ohio, private terms.
Also 450
bales Havana, 80c.@$l 15.
are
Naval stores
quiet; spirits turpentine has been advanced
by higher Southern and English markets ; to-day there was a
reaction downward to 53c. in yard ; common to good strained
rosins $1 57%@$167/£.
Refined- petroleum for export was
dull at 7^c. for 110 and 7^8c- for 70-tesfc. Crude certificates
irregular at 90%@89%c., closing 90@9034c. Hops are dull at
95c. @$1 for new State choice.
All metals were dull and
unchanged. Lake copper was quoted at 18(918/4o*
Ocean freight room has been quoted very irregularly, but
closes firm in view of the small offerings of tonnage. Giain to
Liverpool by steam was taken to-day at 7%d.; fiour, 22s. 6d.
per ton; bacon, 32s. 6d.@40s.; cheese, 35@40s.; cotton, 3-16d.f
grain to London by steam quoted 7%d.; do. to Glasgow by
steam, 8%@8%d.; do. to Bristol, 7d.; do. to Antwerp, 7%d.;dow'
to Havre, 16c.; graia to Cork for orders, 5s. 6d.
per qr.; refined,
petroleum to London, Liverpool, Bremen or Antwerp, 4s.
are
THE CHRONICLE.
13, 1883. ]|55
Xa.nua.ky
'
.
COTTON.
In addition to above
exports, our
Friday, P. M.,
January£12,"1883.
The Movement of the Crop, as indicated by
telegrams
our
week and 258,170 bales three weeks since; making the tota
receipts since the 1st of September, 1882, 3,861,841 bales, against
3,500,410 bales for the same period of 1S81-82, showing an
increase since September 1, 1882, of 361,431 bales.
Mon.
Receipts at—
6,359
-Galveston
Indianola, &c.
Tues.
9,026
....
1,750
....
Mobile
Florida
'Savannah
Brunsw’k, Ac.
'Charleston
....
Pfc. Royal, Ac.
Norfolk
prepared for our
Lambert. 60 Beaver Street.
are
.
2,074
..
....
....
....
260
236
198
....
....
....
....
4,269
1,410
Boston
1,115
....
3,229
....
3,014
....
2,290
1,370
143
143
7,398
1,137
68,364
9,415
112
112
1,306
12,797
1,540
10,015
593
593
329
2,394
.862
17,348
2,861
1,114
2,861
....
1,093
1,297
1,695
251
8.026
1,266
1,333
863
717
6,719
5.987
5,987
1,254
2,699
....
....
....
829
189
134
.
...
.
160
.
.
.
133
’Totals this week 34,713 39.653! 19,749 26,949 25,776 23,542 175.382
For comparison, we give the following table showing the week’s
total receipts, the total since Sept.l. 1882, and the stocks to-night,
and the same items for the corresponding periods of last year
1881 82.
1882-S3.
Receipts to
This
Jan. 12.
Since Sep.
This
1, 1882.
Week.
Week.
Galveston
27,047
551,722
8,397
143
14.113
257
New Orleans...
68,364
990,945
Mobile
-9,415
229,516
29,533
3,933
112
9,962
781
12,797
604,229
12,173
10,015
7,834
Savannah
Bransw’k, Ac
5,3u8
•Charleston
1883
1,1881.
Indianola,Ac.
Florida
Slock.
Since Sep.
1882.
327,458 134,826
98,958
12,262
932,722 316,589
20!,7i? 37,969
19,749
584,169 100,970
375,058
43,947
99
'
100,084
402,474 101,724
16,883
406
Pt. Royal, Ac.
593
425,779
9,067
Wilmington
M’headC.,Ac
2,394
93,716
2,614
109,009
17,370
13,739
862
11,788
2,244
17,348
2,861
8,026
536,350
155,933
,76,586
92,111
11,259
9,944
13,697
14,997
433,803
75,104
48,509
18,363
221
Norfolk
West Point, Ac
-New York
Boston
Baltimore
~
6,719
■.
5,987
2,699
Fhlladelp’a,£c.
Total
984
7,585
36,353
3,412
73,492
•
1,733
147,6-13
95,413 116,656
138,885
2,700
17,270 16,853
39,462
9,520
In order that comparison may be made with other
1
4.
I„
4-
300,639
6,820
55,627
15,420
years, we
’
±
4.~
Total 1882
at—
Galvest’n.Ac.
1883.
1882.
1881.
•Savannah....
27,190
68,364
9,415
12,797
12,173
Chari's t’n, Ac
10,608
8,818
4,858
21,203
New Orleans.
Mobile
Wilm’gt’n, Ac
3,256
Norfolk, Ac..
20,209
All others
23,543
Totthis w’k.
175,382
8,654
29,533
3,933
25,696
,
114,868
1880.
1879.
1878.
23,186
8,993
11,615
10.380
30,565
40,700
12,741
1,558
25,165
15,240
19,576
15,511
3,144
63,620
8,623
20.276
14.503
13,458
21,935
9,904
129,604
18,154
10,905
129,4S9
19,427
16,984
12,073
2,484
17,183
11,571
113,613
153,727
Sinoe Sent. 1. 3^61.841 3500.410 3604.433 3445,8
3o| 2953.095 2794,496
Indianola; Charleston includes Port Royal, *fcc.;
^fUmlngtonincludes Moreliead City, Ac.; Norfolk includes City. Point, Ac.
rwuvesron includes
The exports for the week ending this evening reach a total
of 161,201 bales, of which 112,401 were to Great
Britain, 14,853 to
France and 33,947 to the rest of the Continent, while the stocks
Ai made
up this evening are now 930,687 bales. Below are the
exports for the week and since September 1, 1882.
Week Ending Jan. 12.
Exported to—
Export*
Great
from—
Brit'n. France
Galveston
New Orleans..
Mobile
Florida
•avanuab
....
Charleston
*...
27,428
42,433
9,927
2.320
3,000
4 953
3,425
Wilmington..
40 0
Norfolk*
3.320
New York
Boston
...
'Baltimore
<Philadelp’a,&c
8,985
1,784
••••••
112,401
Total
nent.
Week.
0,925
8,318
1,900
11,720
......
3,467
•
••••«•
14,853
34,053
60,678
5,320
142
4,713
8,602
2,500
Conti¬
•
.
.
•
•
1,017
0,853
10.929
Great
Conti¬
Britain. France
189,583 26.474
414,094 154,4-10
62,847
75,537
4,010
29.609
3 320
259 512
12,594
261,048
4.713
82,873
10,219
87,474
2,500
41,045
1.064 3«1
21,069
None.
1.700
5,432
None.
None.
650
None.
8,000
864
18.663
4,000
1,450
1,050
3,500
10,415
60.795
900
1.400
None.
None.
26,825
5,650
4,800
111.006
12,050
6.900
30,853
21,425
91,657
4,300
15,450
18,400
224,932
33,669
86,274
82,570
74,031
48,279
3.900
None.
None.
None.
133,694
17,654
51,732
21,797
227,877
702^810
68,153
163,796
12,723
23,632
35,797
10,214
22,580
126,887
59,674
1.010,238
269.682
643,612
,
42,049
receive any material “ outside” support, and at each advance
the sales that are made to realize profits have caused a re-action
towards lower figures, until to-day.
Cotton on the spot has
met with only a moderate demand for home
consumption and
a small business for
speculation, but stocks are light and hold¬
ers firm; quotations were advanced l-16c. on
Wednesday. Yes¬
terday they were fully revised ; low grades of uplands were
reduced l-16@L£c.; high grades were advanced
l-16@L£c.;
m edium grades were
unchanged, except that the difference
between uplands and Gulf was widened l-16c. To-day
spots
were quiet
and unchanged, middling uplands closing at
10 3-16c.
The total sales for forward delivery for the week are 444,200
Dales. For immediate delivery the total sales foot up this week
including — for export, 2,743 for consumption,
speculation and — in transit. Of the above, 971 bales
arrive.
The following are the official quotations for
day of the past week.
521 for
were to
each
UPLANDS.
1/ Cl /If
u
Jan. 12.
Sat.
Ordin’/.$Ib
7*16
7916
8
7*16
8
8
813,e
81316
8l316
9*4
9%
91116
Ol°l6
911x6
yi°ie
Strict Ord..
Good Ord..
Str. G’d Ord
Low Midd’g
8tr.L’w Mid
Middling... 10%
Good Mid.. 1038
Btr. G’d Mid 10916
Fair
25,858
20.622
18,440
10*8
11,760
165,681
110,627
1,500
254,186
206,810
2,778
97,603
29,157
202.32)
377,3 d
83,215
117,925
1,488
42,533
31.10.)
605,697 2,428,103
1
O'
Sat.
7l316
8I4
8*4
^116
914
9Hi6
1038
Ordin’y.^Ib
7%
8%
91,6
9%
9%
9%
915,6
915,6 '915,6
10%
105,«
10»,«
11%
10%
11%
12
12
713,6
713,6
8%
8%
7%
8°16
713,6
71315
91,6
9%6
9%
9‘ie
10%
10%
11%
1013,6 11
115,6 11%
Fair
12
12
l‘21l6
10%
Sat.
10%
Fri*
10%
10%
11%
lb.
109,6
Tb.
Good Mid.. 104 ,6
Str. G’d Mid 10%
Midd’g Fair 11%
Ordinary
10%
103,6
Wed
103,6
103,6 110%
10
9%
9%
10
10
8%
»®1G
9%
8%
9ix«
9%
10
10
10
10%
10%
10%
103,6
10%
107,6
107x6
10%
10%
10%
10%
i07l6 107,*
10%
11
10%
1013,6
11
11
11%
12%
1 lo16
11%
12%
11%
12%
12%
121,6
Mon Taes Wed
73lft
Strict Good Ordinary..,,..
Low Middling
'Middling...
10%
103,6
109,6
Fri.
10
STAINED.
10%
105,6
109,6
Tb.
103,6
11%
10*8
10%
11%
Middling... 103i6
93,6
9%
12
1 9%
93|«
99,6
911,6 10
8%
9i
915,*
11%
7^8 •
S»i6
713,*
9%
12
7%
8%
9116
915,6
12
715,6
713,6
9%
12
715,6
Mon. Tues
915,6
10%
7%
9 ri 13
1
10%
11 *4
Wed
8%
91iq
10%
11*4
Fri.
8%
•
105,6 105,6
109,6 109,6
109,6 109,6
lUl6 ll116
Tb.
713,6
8*4
9i,«
9la18 10*8
10^8
1038
Sat.
71316
Strict Ord.-. '81,6
Good Ord..
8%
Str. G’d Ord 95,6
Low Midd’g 9%
8tr. L’wMia 10
Good
TEXAS.
Mon Tues
713,6
1113,6 1113,6 11131«
,
Tb.
Fri.
7316
73,«
7%
7%
8
7%
Fi
811,8
8
-81 uc
715,®
9%
Sllxs
8%
71518
9%
9%
91116
8
x«
8%
9716
8%
97,8
MARKET AND SALES.
The total sales and future deliveries each day daring the
week are indicated in the following statement.
For the con¬
venience of the reader we also add a column which shows at a
glance how the market closed
on some
days.
SALES OP SPOT AND TRANSIT.
275,116
765,690
342
1,294
Mon Tues
SPOT MARKET
59,059
107,162
NEW ORLEANS.
M/
Total.
nent.
3,0 30
33.947 101,201 1,512,478 249,928
Total 1881-82 70,931 29 855 31.500 138 340
Includes exports from fort Koy*i, Ac.
▼ Includes osports
from West Point, Ax.
From Sept. 1.1882, to Jan. 12,18k3.
Exported to—
8,796
15,090
equally decided decline on Monday. On Wednesday morning
buoyant market opened the day, but later the early advance
was not only lost but the close was at some decline. 6n Thurs¬
day the same variations took place, only in a less marked
degree. To-day, however, there was a slight advance, which
was fully sustained at the close.
The operators for a rise in
the Stock Exchange have shown rather more
confidence, but
their efforts to promote a higher range of values do not as
yet
Wed
10,510
2,452
13,474
15,513
Stock.
Total.
a
Midd'g Fair ini6
Receipts
Leaving
Coast¬
wise.
The speculation in cotton for future
delivery has been fairly
active for the week under review, but at variable and unset¬
tled prices ; there were decided advances on
Saturday, and an
3f
175,382 3,861,841 114,868 3,500.410 930.687 1.137,125
Itm
Shipboard, not cleared—for
4,200
Total 1883
-.
Other 1
| France. 1 Foreign
50,066
4,300
Norfolk
New York
Other ports
on
3,264 bales,
6.464
......
Great
New Orleans....
Mobil©
Charleston
Savannah
Galveston
Total 1881
....
862
1,834
....
'
Philadelp’a, Ac.
27,047
....
1,643
589
3,888
2,938
....
12, at—
Britain.
Total.
.
1,555
....
1,333
.
On
Jan.
Fri.
•
782
West Point,&c
New York
-Baltimore
.
2,119
....
1,258
....
'Wilmington —
Moreh’d C.,&e
....
1,849
....
2,167
...
....
....
3,196
2,772
2,919
7,272 12.038 13,312
568
1,573
1,624
....
....
Thurs.
4,055
....
12,323 16,021
1,445
3,068
New Orleans...
Wed.
telegrams .to-night also give
shipboard, not cleared, at
figures for New York, wMch
special use by Messrs. Carey, Yale &
the following amounts of cotton
the ports named. We add similar
ns
from the South to-night, is given below. For the week ending
Ahis evening (Jan. 12) the total receipts have reached 175,382
bales, against 224,997 bales last week, 251,923 bales the previous
Sat.
57
CLOSED.
Sat
Ex¬
port.
.ffQifiet and steady
‘"onl QMftt
Steady
Wed. Steady at hgadv
Thurs Quiet at rev. quo
Fri
'Quiet and steady
Total
Hit)
•••
•4««<
Uttll V
....
....
UOU »Cl 103
Oonsump.
SpecuVt'n
Tran¬
sit.
445
232
574
708
387
397
250
....
2,743
521
....
miu
17 i
»
•
^
♦
m
~
+
m
....
ioo
uvvuu,./
FUTURE8.
Total.
Sales.
445
403
574
708
487
647
Deliv¬
eries.
70.400
68,900
92.S00
83,600
81,300
47,200
5<M
3.264 444,200
2,300
wvu, v.w
400
400
400
300
300
... v
vious to that on whion they are reported.
The Sales and Prices of Futures are shown
by the follow¬
ing comprehensive table.
In this statement will be found the
duly market, the prices of sales for each month each day, and
da nin^incr
hide, in addition to the daily and
total sales.
58
THE CHRONICLE.
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-4 © CO CO IO © -4
to K OI o< OI CO CO
0 M-* c to K CO M
-J
*
to © OI
©
*
MtC
X "
v^.
MM
M
W
V*-' w
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© M M
tow 1
W w« W T—
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© O tc © O X M M c« 10 C C © O' tc M -)
I
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| r3
Actual count
to-day.
1 This year's figures estimated.
The above totals show that the old interior stocks have de¬
creased
during the week 3,341 bales, and are to-night 51,114
bales less than at the same period last year.
The receipts at
the s£.me towns have been 27,569 bales more than the same week
last year, and since
275,822 bales
in
September 1 the receipts at all the towns
more
than for the
same
time in 1881-2.
Visible Supply Figures.—We have this week
completed arrangements, which for some time we have had in
contemplation, of making our visible supply an exact indication
as our
sight each Friday night.
Hereto¬
readers know, the Continental stocks have been the
day
From this time, however,
our
obtained at
1883.
bales.
©
:
rot- septeuiuer. ouu.zo *; oepuim-
^Le
following exchanges have been made daring the week.
14 pd. to exch. 100 Mar. for April.
15 pd. to exch. 300 Mar. for'April.
•28 pd. to exch. 500 May for
July.
•15 pd. to exch. 500 Apr. for
May.
•26 pd. to exch. 500 May for
July.
•14 pd. to exch. 100 May for June.
•55 pd. to exch 1.000 Mar. for
July.
100 Jan. e. p. 15th for regular.
shipments for the week, and
we
whole report is dated. These-figures are of
a large additional expense, but we think the
great improvement in our statement which we thus are_able to
make fully warrants it.
The Visible Supply oe Cotton to-night, as made
up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are
brought down
to Thursday evening.
But to make the totals the complete
figures for to-night (Jan. 12), we add the item of exports from
the United States, including in it the exports of Friday only.
E3F* We re-arrange our visible supply table for previous years
to conform to the change made in Continental stocks—that is to
say, the Continental stocks of the succeeding week are inserted
to make the correct comparison.
"
course
Stock at Liverpool
Stock at London
®
>1
At thi Interior Towns the movement—that is the
receipts
tAe week and since
Sept. 1, the
MM
tox
C.X©©CIQ0M M©
M^tcCO CIX©MM‘1X
W -4 -4*M tC CO-1 Ci CO in'*©Vj © M<l'®Vibo©
to
very
■8
in the above table, and shall continue each
»
*^lv^’
average
price
of futures each day for each month. It
■will be round under cacu
day following the abbreviation “ Aver.” The
average for each month for the week is also given at bottom of
table.
-
tC tC
©©tJtOMte to
figares of the previous Saturday
SJ-lIc^Tue8deuy°9*9ycUary~SatUtday’
9‘953>10‘0fcc*i Monday, 10 03®
ISP* We have included
The
ia
Mtc
shall receive by cable for each of those ports the returns of the
os
;
^15 pd. to exch. 100 Mar. for
April.
-14 pd. to exch. 300 Mar. for
April.
-14 pd. to exch. 100 Mar. lor
April.
-23 pd. to exch. 500 June for
Aug.
-14 J>d. to exch. 400 Feb. for Mar.
•15 pd. to exeh. 1,000 Feb. for Mar.
-14 pd. to exch. 200 Feb. for Mar.
*14 pd. to exch. 100 Feb. for Mar.
100 Jan. s. n. 13th for
reg. even.
M
Q
g
September-November for November
731^000; September-December for December, 1,097,^00.
°Jders—Saturday, 1010c.; Monday, 10 05c.; Tuesday
1
ol°£:^Fedne6day< 10't5c.; Thursday, 10 05c.; Friday. 1010c.
3[fn
MM
W to to to to M M
Total Great Britain stock
Stock at Hamourg
Stock at Bremen
in
COM
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Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
779.000
4,000
25,400
1881.
1880.
572,000
40,700
487,000
34,000
501,000
47,323
612.700
2,200
42,700
521,000
548.323
1982.
6^9,000
80,000
-
l,500
11,000
3.400
800
400
42,000
9,100
5,7oO
2,090
130,000
4,200
35,000
5,500
4,060
246,900
151,000
4.000
2,500
1,500
23,600
1,680
11,450
1.060
500
71.600
28,920
,
900
24.700
46.890
1,321
13,654
-3,500
1,000
5,500
2,000
700
237,150
136,640
106,335
Total European stocks.. ..1,525,900
849.850
India cotton afloat for Europe.
97,000
133.000
Amer’n cottoa afloat for Eur’pe 727,000
525,000
E?ypt»Brazil,&o..aflt for E’r'pe
62,000
45.000
Stock in United States ports
930,687 1,137.125
8-ock in U. 8. interior towns.. 339,669
390.783
Uoited States exports to-day..
17,800
13,000
657,640
654,658
54,279
511.269
Total continental stocks...
..
82.000
736,000
28.000
912.812
277,359
14,000
22.312
895,366
352,383
16,000
Total visible supply
3.200.056 3,098.753 2,707,311 2,503,267
Of tfie above, the totals of American and other descriptions are as follows*
American—
nn.
Liverpool stock
Continental stocks
American afloat for Europe....
429,000
154,000
413,000
127,000
727,000
525,000
368,000
100,000
736,000
363,000
7o»S?X
511,269
January 13,
1883.1
THE CHRONICLE.
1883.
1882.
930,687 1,137,125
339,669
390,783
United States interior stocks.
United States exports to-day.
17,800
18,000
188i.
912,812
277,359
14,000
1880
895,366
352,383
16,000
59
has not in general been
heavy.
The cold and
has interfered to some extent with
the
wet weather?
gathering and
market-*
ing of the crop.
fbtal American
.2,598,156 2,610,908 2,408,171 2,213,013
gatl Indian,Brazil, &c.—
Galveston, Texas.— It has rained
tremendously on two days
Liverpool stock
270.000
159,000
119,000
133,000 of the week, mainly confined to the coast. The
80,000
rainfall reached
40.700
34,000
47,323 three
inches and ninety-seven hundredths.
92,900
110,150
36,640
31,335
Very little pick¬
97,000
133,000
82,000
54,279 ing has been done
anywhere
in
the
State.
62,000
The
45,000
28,000
thermometer
22,312 has
ranged from 28 to 66, averaging 47. The annual
601,900
rainfall
487.850
299.640
293.249
Total American..
2,598,156 2,610,908 2,408.171 2,213,018 at Galveston for the past five years was as follows : For
1882,
55*42 inches; 1881, 51*98
Total visible supply...
inches; 1889, 50*97 inches; 1879,
3,200.05G 3,098,758 2,707,811 2,506,267
26*90 inches ; 1878,
prioeMld. Upl.,Liverpool....
5Hl6d.
<3Hi6d.
6^1.
60*90 inches.
7^.
Indianola, Texas.—The weather has been cold and
^rThe imports into Continental ports this week have been
foggy
46,000 bales.
r
during the week, with a shower on one
day.
The
rainfall
Ole above figures indicate an increase in the cotton in
sight reached twelve hundredths of an inch. Average thermometer
to-night of 101,298 bales as compared with the same date of 1882,
43, highest 61 and lowest 25. The annual rainfall
an increase of 49 2,245 .bales
as
at Indianola
compared with the corres¬ for the
ponding date of 1881 and an increase of 693,789 bales as com¬
past five years was as follows: "For 1892, 45*34
inches;
pared with 1880.
1881, 37*63 inches; 1880, 46*10 inches ;
1879, 26*72 inches ; 1878,
,
.
,
,
.
.Quotations for Middling Cotton at Other Markets.—In
the table below we give the closing
quotations of middling
cotton at Southern and other
principal cotton markets for each
fiay of the past week.
CLOSING QUOTATIONS FOR
MIDDLING COTTON ON—
Week ending
■jan. 12.
Galveston....
New Orleans.
Mobile
Savannah....
■Charleston...
Wilmington..
Norfolk
Boston
Baltimore.
Satur.
Mon.
Tues.
Wednes.
Thurs.
958
95q
95a
9=8
9Lj
914
934
9*2
9%
95a
9*2
9H
9%
958
9\
95s
93*
95s
9716
93l6
9\
9Lj
,
9*16
103s
..
Philadelphia.
Augusta
Memphis..
10
918'3)1-i
93s
9Lj
9Lj
Louisville—
9
..
103s
10
10 H
8t. Louis
Cincinnati...
99|f,'S>5g
lOLj
9*2
9*2
9^2
912
.
9Lj@58
914
934
95a
95s
103a
9918'2)5g
-
103s
10
10*2
9H
9^2
9Lj
9Lj
912
9^
9*2
912
9*2
9?4
95a
958
94
934
95s
95e
103a
958
914
9\
93a
95s
103a
10
10*2
9*8® *4
Fri.
10
10
10^2
914
9h
9*2
9*2
912
104
94
94
94
94
94
•
37*74 inches.
Dallas, Texas.—We have
had
no rain
during the week but
The thermometer has
averaged
63 and the lowest 17. Total rainfall in
the weather has been cold.
43, the highest being
1883, 55 69 inches.
Brenham, Texas.—We have had drizzles on two
days of
the week, the rainfall
reaching three-hundredths of an inch.
The weather has been cold.
The thermometer has
averaged
40, ranging from 15 to 65. Total rainfall in
1883, 37 04 inches
Palestine, Texas.—It has been showery on two
days of tho
week, the rainfall reaching
sixteen-hundredths of an inch.
The thermometer has
ranged from 21 to 67, averaging 44.
Total rainfall in
1882, 39*99 inches.
Huntsville, Texas.—We have had a shower on one
day of
the week, the rainfall
reaching ten-hundredths
of
The cold and
an
inch.
damp weather interferes with work.
Average
thermometer 43, highest 63, lowest 23.
j^Total
rainfall in 1882,
36*75
Receipts from the Plantations.—The
inches.
following table is
prepared for the purpose of indicating the actual
movement each
Weatherford, Texas.—It has rained on one
week from the plantations.
day of the
Receipts
at the outports are some¬ week. The weather
has been very cold. The
times misleading, as
they are made up more largely one year has
thermometer
than another at the expense of the interior
averaged 42, ranging from 17 to 68. Total rainfall in
stocks. We reach
1882,
therefore, a safer conclusion through a
30 inches.
comparative statement
like the following. In
reply to frequent inquiries we will add
Belton, Texas.—We have had no rain
that these figures, of course, do not
during the week.
include overland receipts or The
thermometer has averaged 49, the
Southern consumption;
they are simply a statement of the the
highest
being 71 and
lowest 26. Total rainfall in
weekly movement from the plantations of that part of the
31
1882,
inches.
crop
which finally reaches the market
Luling, Texas.— It has rained one day of the week, the
through the out-ports.
rain¬
fall
reaching five hundredths of an inch.
RECEIPTS FROM PLANTATIONS.
Very little work of
any sort is being done. The thermometer has
Week
ranged from 24
Receipts at the Porte. SVk atlnterior Towns.
to 69,
Rec'ptsfrom
Plant’ns
averaging 47. Total rainfall in 1882, 29 inches.
ending-*
’80-’8i. ’3l-’S2. ’82-’33. ’30-’31. ’81-’82. ’82-V53.
Hew Orleans, Louisiana.—We have
’80-’31. ’8t-’82. ’32-’8 3.
had rain on four
Oct. 27
254.S30 210,597 241,733 209,575 251,532
days
of
the week, the rainfall
139,31? 284,613 213,334 258,010
Nov. 3
reaching one inch and thirty-eight
251.708 225,285 250,023 240.562 290,140 175.092
282,755
263,893
292,398
hundredths. The thermometer has
10
215.842 233,320 202,251 203.258 322,101
averaged 56.
211,740 238,538 205.341 298,399
17
250,615 233,402 259,154 281,502 345.700 244,123
Shreveport,
*74.922
257,007
Louisiana.—Telegram not received.
291,537
21
4
4
Dec.
4%
44
44
U
Jan.
44
205.192 232,210 242,169 284,470
218,341 222.170 255.097 287,717
243,137 238.844 247,017 303,003
238.490 211.570 202,015 330.832
1
8
15
22
237,980 200.855 258,170 353.497
29
190.435 200,624 251,P23 303,025
110,735 152.429 224,997 337.034
129,004 114.808 175,382 309,550
5
12
.....
307,060 259,173 208,100
393,080 215,700 221,532
4! 5.599 291,370 258,423
44T.536 299,528 272,319
457,024 330,993 254,635
460.580 379,855 205,973
453,059 383.047 85.374
435,050 38\249 101,490
253,570 257.221
248,196 271.622
261.357 262.693
271,513
218,343
210,186
139,502
90,259
270,107
295,035
294.755
228 789
171.983
The above statement shows—1.
That the total receipts from the
plantations since September 1, 1882, were
4,225,604 bales; in
1881-82 were 3,890,035 bales;
in 1880-81 were 3,965,150 bales.
2. That,
although the receipts at the out-ports the past week
were 175,382
bales, the actual movement from plantations was
only 171,983 bales, the balance being taken from
the stocks at
the interior towns.
Last
tions for the same week year the receipts from the planta¬
were 96,259 bales and
for 1881 they
were 101,490 bales.
Amount of Cotton in sight January
12
In the table below
give the receipts from plantations in
another
form, and
add to them the net
overland movement to
also the
January
1, and
takings by Southern
to the same date, so as to
give substantially the amountspinners
of cotton
—
we
now
in
sight.
1882-93.
Receipts
at the ports to
January 12
bales.
excess of Sept. 1 on Jan. 12.
intenor stocks in
3,831,841
Total receipts from
plantations
January 1
southern
consumption to January 1
4,225.604
»et overland to
Total in sight
January 12.
363,763
413,082
130,000
4,768,696
1881-82.
3,500.410
399.625
3,890,035
323,510
100,000
4,313,545
R will he seen
by the above that the increase iu amount in
as compared with last
sight
year, is 455,141 bales.
to-night,
Weather Reports
Telegraph.—The temperature has
been lower in the
greater portion of the South
during the
week, and there has been rain in
most sections, but the rainfal
by
Vicksburg, Mississippi.—It
week.
has rained
We had a slight fall of
weather is now
cloudy.
snow on
on
two
days of the
Monday night.
The
Columbus, Mississippi.—It has rained on three
days of the
week, the rainfall reaching two inches and
twenty-eight hun¬
dredths.
Little Rock,
Arkansas.—Telegram
not received.
Memphis, Tennessee.—We have had rain on four
days of
the week and
light snow on two days. The rainfall reached
sixty hundredths of an inch. Bad weather has
interfered
somewhat with the
marketing of the crop. Average ther¬
mometer 36*5, highest
50, lowest 16.
Nashville, Tennessee.—It has rained on
every day of the
week, the rainfall reaching eighty-two
hundredths
of an
inch.
The thermometer has
ranged from 16 to 54, averaging
31.
Mobile, Alabama.—It rained severely on one
day and
showery on two days during the early part of the
but the latter portion has been
clear and pleasant. Theweek,
rain¬
fall reached one inch and
sixty-five hundredths. Average
thermometer 52, highest 73 and lowest 28.
was
Montgomery, Alabama.—We have had rain on three
and snow on one
days
day of the week, the rainfall,
melted snow,
including
reaching one inch and sixtv-three hundredths.
We have had no frost
during the week, but the temperature
has on three days been below
freezing
day, The cause of the small receipts ispoint; very cold to¬
reported to be bad
roads. The
thermometer has averaged
49, the highest
71 and the lowest 26.
being
Selma Alabama.—It has rained on
one
day of the week,
the rainfall reaching one inch and
eighty-three hundredths.
One inch of snow fell here
during the week. The bad
roads have caused
receipts to fall off this week. The ther¬
mometer has ranged from 25 to
63, averaging 44.
Madison, Florida.—Telegram not
received.
Macon, Georgia.—It has rained on four days of the
weeki*
The thermometer has
averaged 50, ranging from 26 to 65.
THE CHRONICLE.
60
Columbus, Georgia.—We have had rain on two days of the
week, the rainfall reaching one inch and fifty-three hun¬
dredths.
The thermometer has averaged 45, the highest being
-
64 and the lowest 31.
Savannah, Georgia.—It has
rained
five days of the week
on
[VOL. XXXVI.
Alexandria Receipts and
Shipments.—Through arrangement**
have made, with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movement*
we
•
*
Alexandria, Egypt. The following are the receipts
and shipments flor the past week and for the coi responding week
of the previous two years.
of cotton at
cloudy. The rainfall
reached one inch and sixty-two hundredths. Average ther¬
Alexandria, Egypt,
1881-S2.
1882-83.
1880-81. v
mometer 55, highest 74 and lowest 32.
January li.
Augusta, Georgia.—We have had heavy general rain on
six days of the week, but the week closes clear and cold. The Receipts (cantars*)—
This week....
110,000
100,000
135,00ft1
rainfall reached two inches and twenty-eight hundredths*
Bince Sept. 1
2,227,550
1.726.000
2,005,00ft
The amount of cotton in country waiting to be marketed at
Since
This
This
Since
This
Since
this point is reported to be considerably larger than last year.
week. Sept. 1.
week. Sept. 1.
week. Sept. 1.
The causes for the small receipts this week are the bad roads,
recent bad weather, and that the farmers are holding on for
Exports (bales)—
To Liverpool
13,000 138,000 10.000 141,000' 11,000 132,000
better prices. It is estimated that the receipts here this season
1,471 45,59ft
To Continent
9,000 41,000 11,319 77.029
will be ten to fifteen per cent in excess of last season. The
thermometer has ranged from 27 to 67, averaging 49.
Total Europe
22,000 179,000 21,319 218.029 *12,471 177,59ft
Atlanta, Georgia.—We have had rain on two days and
A cantar is 98 lbs.
snow on two days of the week, the rainfall reaching twentyThis statement shows that the receipts for the week ending
five hundredths of an inch. The thermometer has averaged
Jan. 11 were 100,000 cantars and the shipments to all Europe
41, ranging from 20 to 60.
Charleston, South Carolina.—It has rained on three days were 22,000 bales.
of the week, the rainfall reaching one inch and forty-seven
Manchester Market.—Our report received from Manchester
hundredths. The thermometer has averaged 52, the highest to-night states that the market is active at lower prices, chiefly
on China business.
We give the prices of to-day below, ancfc
being 69 and the lowest 32.
The following statement we have also received by telegraph, leave previous weeks’ prices for comparison.
ahowing the height of the rivers at the points named at 3 o’clock
1881-82.
1882-83.
January 11,1883, and January 12,1882.
and the remainder of the week has been
*
Jan.
Feet.
10
8
18
14
17
Below high-water mark
Above low-water mark.
New Orleans
Memphis
Above low-water mark.
Jan. 12, ’82.
Feet.
4
29
42
13
38
Inch.
7
3
0
10
6
•
Nashville
Shreveport
Vicksburg
11,’83.
0
7
4
9
9
reported below high-water mark of 1871 until
Sept. 9,1874, when the zero of gauge was changed to high-water
mark of April 15 and 16,1874, which is 6-10tns of a foot above
1871, or 16 feet above low-water mark at that point.
India Cotton Movbmbnt from all Ports.—We have during
the past year been endeavoring to rearrange our India service
so as to make our reports more detailed and at the same time
accurate.
Hitherto we have found it impossible to
out of our figures, as cabled to us for the ports other
more
8*4 lbs.
Twist.
Shirtings.
Mid.
Uplds
Inch.
New Orleans
r
ColVn
32* Cop.
keep
than
Bombay, cargoes which proved only to be shipments from one
India port to another. The plan we have now adopted, as we
have reason to believe, will relieve us from the danger of this
“
93i6®
9116®
878 ®
878 0
87s 0
87e 0
s.
d
d.
11L>07
6
d.
d.
d.
Nov 10
“
17
“
24
Dec. 1
“
8
“
15
“
22
“
29
Jan. 5
93s
9*4
9^
9Lj
9*2
9is
s78 0 9^2
8131fc—97,R
12
1® 7
3 07
3 07
3 07
3 07
6
6*e
6*8
9
6*8
9
6
lifl®7
1*207
7*2
7*2
1
O
7
6
07
07
9
515ie
5l3ie
5^H
Mln»
5ii,r
32* Cop.
lwist.
d.
914
9*4
930
930
933
d.
010
010
R.
d.
6
6
6
6
6
6
6
010*8 0
©lO^ G
01O18 6
914 010
930
93a
930
93g
CofVn
Mid.
8*4 lbs.
Shirtings.
010
010
010
010
6
6
6
6
6
6
6
6
G
6
s.
08
08
08
08
08
®8
08
08
08
©8
TTpld*.
d.
d.
1%
1*2
m
0
0
0
0
0
f4*
6^8
6»ir
Jute Butts, Bagging, &o.—There has not been any changein the position of bagging since our last report, and the market
continues quiet. The only business doing is of a jobbing
character and has little effect on prices, which may be quoted
about as last.
Holders are not forcing goods and only supply
orders as they come in. The close is about steady at 6%c. for
-
1^ lbs., 7%c. for 1^4 lbs., 8c. for 2 lbs. and 8%c. for standard
grades. Butts are in about the same position, arid scarcely
any business is doing.
Buyers are indifferent and do not care
Inaccuracy and keep the totals correct.
We first give the
Bombay statement for the week and year, bringing the figures to take more than required for present wants. Prices are easy,
and an offer for a quantity at *a shade under quotation*
down to January 11.
would be accepted. At the close sellers are naming 2 5*16@i
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
2 7-16c. for paper
..
Shipments this week.
Year Great
Conti¬
BriVn. nent
Total.
Shipments
Jan. 1.
since
Great
Conti¬
BHtain
nent.
Receipts.
This
Week.
Total.
grades, and 2%@2%c. for bagging qualities.
*
Since
Jan.L
Comparative Port Receipts and Daily
Crop Movement.-—
comparison of the port movement by weeks is not accurate
the weeks in different years do not end on the same day of
the month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relativemovement for the years named.
The movement each month*
«ince September 1, 1882, has been as follows:
A
as
1883
IS 00 11,000 18,000
1882 23,00
6,000 29,000
1881
1880
1,000
1,000
2,0*00
1,000
3,000 |
56,000
13,000
13,000
30.000
6,000
16,000
7,000
26,000 29,000
46,000 28.000
13,000 23,000
39.000
6,000
3,000
9,000 17,000
28,000
62,0tC
According to the foregoing, Bombay appears to show an
in the week’s receipts of 1,000
bales, and a decrease in snipimmts of 11,000 bales, and the
vhipments since January 1 show a decrease of 20,000 bales.
The movement at Calcutta, Madras and other India ports for the
last reported week and since the 1st of January, for two years,
has been as follows. “ Other ports” cover Ceylon, Tuticorin,
increase compared with last year
Kurrachee and Coconada.
Shipments since January i.
Shipments for the week.
-
Conti¬
nent.
Great
Britain.
Total.
Greatt
Britain.
Conti¬
nent.
Tote l
Receipts.
Total all—
1883
1882
8.500
3,500
8.500
3,400
9.500
1,000
1,000
1,000
1,000
400
400
900
9ik
**200
200
1,000
1.500
200
l.roo
1.500
6*0*0
4,500
4,000
10,500
11,900
900
10,500
12,800
3.500
400
•3,000
4.500
3,400
700
10,201
The above1 totals for the week show that the movement from
the ports
other than Bombay is 500 bales less than same
week last year. For the whole of India, therefore, the total ship,
ments since January 1, 1883, and for the corresponding periods
of the two previous
years, are a«
followsj
EXPORTS TO EUROPE FROM ALL INDIA.
Shipments
$0 ail Europe
from—
Bombay
All other p’rts.
Total
This last
1883.
326,656
October.
980,581
Novemb’i 1,094,6 *7
Decemb’r 1,112,536
Sept’mb’r
This
week.
Since
Jan. 1.
This
week.
Since
Jan. 1.
Since
Jan. 1.
This
week.
18,000
♦,500
26,000
10,500
29,000
46,000
12,800
1,000
4,000
22.500
36.500
33.000
58,800
6,000
5,000
,
13,00*
15.0l)<
28.00C
statement affords a very interesting compafigQR of the
total movement for t£e tlpree ye^pj at all India porta.
Beginning September 1.
1830.
453,478
429,777
853,195
968,318
974,013 1,006,501
996,807 1,020,802
-
1879.
333,643
888,492
942,272
956,464
■
1878.
1877.
283,8 L
98.491
689,26,
573,533822,493900,119'
779.237
893,661
Totalyeai 3 514,47; 3,253,822 3,454,099 3,120,871 2,651,013 2.399,636
Pero’tage of tot. pori
.
68 93
58-80
6239
59 6.0
55 21
This statement shows that np to Dec. 31 the receipts at the
ports this year were 260,651 bales more than in 1881 and
60,374 bales more than at the same time in 1880. 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.
1882-83
1881-82.
1880-81.
1879-80.
1878-79.
1877-78.
rot.Dc.31 3,514,473 3,253,822 3,454,099 3,120.871 2,651,013 2,399,636
18,351
8.
15,776
20,294
9,614
49,366
Jan. 1
—
“
2....
35.488
29,830
8.
“
3...
24.056
24.328
23,424
30,208
30,790
22,227
"
4...
29,181
17,926
11,808
8.
14,949
5....
23,405
6....
37,23)
17,951
13,397
16,773
25,039
23,518
22,906
8.
“
33,895
34,713
S.
17,286
“
7....
8.
"
8....
39,653
19,749
26,949
25,776
28.542
“
9....
“
10....
“
11....
“
12....
Total
21,640
16,348
15,187
12,362
S.
26,890
18,066
20,096
30,235
18,957
31,491
20,055
36,437
“
1881.
1882.
1881.
1882
receipts Dec. 31.
Calcutta—
1883
1882
Madras—
1883
1882
All others—
1883
1882
Year
■
Monthly
8.
33,248
14,528
14,394
20,046
19,929
17,551
34,762
20,411
23,926
8.
13,778
31,768
24,319
17,404
19,321
29,232
22,132
3.
27,093
3,861,841 3,469,030 3,647,152 3,358,884 2,854,160 2,667,862
Percentage of tota.T^»n. 1 9
TV-i-t
t
73-401
62-00
67 T 5
61*39
13, 1883. j
ANUAEY
THE CHRONICLE.
61
This statement shows that the receipts since
The particulars of these
Sept. 1 np to
shipments, arranged in our usual
4o-night are now 392,811 bales more than they were to the same form, are as follows:
'day of the month in 1882 and 214,689 bales more than they, were
Bremen A ms ter- Gottto the same day of the month in 1881.
We add to the table
Liver& Ham- dam dt
etiStbas- JBarcethe percentages of total port receipts which had been received to
pool. Havre. burg. Antwerp.barg.
topol. Iona.
Total.
January 12 in each of the
The Exports
named.
years
Cotton from New York this week show a
decrease, as compared with last week, the total reaching 12,594
hales, against 20,529 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, 18S2, and ia the last column
4he total for the same period of the previous year
of
New York..
8.985
N. Orleans. 50.529
Mobile
2,550
Charleston.
8avannah..
2,162
Texas
14,052
Wilmington 4,916
Norfolk.... 12.429
Baltimore..
4.081
Boston
8.3S7
Phlladelp’a
3,000
Exported to—
Dec.
21.
Liverpool
♦Other British ports
Dec.
28.
Jan.
Total
since
4.
11.
period
previ’us
Sept. 1.
year.
10,514 13,871 17,107
100
8,985 257.622 150,695
3,426
3,458
'Total to Great'Britain 10,714 13,871 17,207
8.985 261,048 154,153
200
■Havre
-Other French ports
300
Total French
300
......
234
233
142
18,340
15,074
100
-Bremen and Hanover
....
Hamburg
•Other ports.
Total to North. Europe
2,179
2,233
Below
we
12,247
799
.*
470
1,0*25
-
4,500 13,229
3,529 4,295
1,280
3,375
1,495
23,266
.HI”
23.156
4,916
12,429
4.081
8.415
.....*
28
12,594
81,936
2,550
.
3,000
Total...111,091 24,299 18,812
Same
Jan.
1,288
-----
Exports of Cotton (bales) from: New York since Sept.
1. 1882.
Week ending-
142
16,123
add the
5,720
1.025 12,247
4,644 177,838
clearances, this week, of vessels carrying
bringing our data down to the
cotton from United States
ports,
latest mail dates:
Galveston—For Liverpool—Jan. 5—Steamers Soaw
Fell, 5,604; Yesso,
5,461
Jan. 8—Steamers Abana,
; Fannie,
For Sebastopol—Jan. 5—3teamer
New Orleans—For Liverpool—Jan. Remunbrauce, 4,240.
5—Steamers Brema, 4,165; Espanol,
3,100; Etna, 3,198; Peoonic, 3,720
.Jan. 6—Steamer Eug neer,
6,294....Jan. 10 -Steamers Mediator,
; O-unanli,
For Grimsby—Jan. 9—Steamer
For Havre—Jan. 6—Steamer SrolzenfeD, 6,466.
Rouen, 7,855....Jan. 10—Steamer
.
.
Fournel, 2,072.
234
233
142
18,440
15,074
491
797
30,002
22.903
17,290
12.367
2,179
38,322
3,467
91,227
3,516 •Savannah—For Liverpool—Jan. 5—Bark
Capenhurst, 2,000...Jan. 11—
Bark Tikoma, 2,953.
33,173
For Barcelona—Jau. 6—Bark XU de
Junio, 1.9DO.
Charleston—For Liverpool—Jan. 6—Bark
Mary Jane, 2,250...Jan. 9—
837
Bark Marco Polo, 1,175.
For Havre—Jan. 6—Bark
Jebra, 1,784.
For Bremen—Jan. 6—Steamer
Egypt, 3,835....Jan. 9—Steamer
837
Spartan, 5,350.
365
852
1.103
943
2,083
1,703
400
250
2.430
3,556
3,498
3,080
'
For Bremen—Jan. 6—Steamer
Darlington, 3,795....Jan. 10—Steamer
Camellia,
.
For Genoa—Jan. 5—Bark
Conquistatore, 1,917.
Mobile—For Havre—Jan. 8—Bark Rebus,
3,000.
..
.
fflpain, Op’rto, Gibralt’r,&c
All other
519
438
2,442
4,234
Total Spain, Ac
986
6,676
Orand Total
15,556 17.603 20,520 12,594 377,391 203,237
The Following
are the
Gtro3s Receipts
Cotton at New
of
York, Boston, Philadelphia and Baltimore for the past week,
qind since September 1, 1882:
Receipts
from—
’-If. Orl’ans
Texas
‘Savannah
Mobile...
Florida..
*8.Car’lina
-N.Car’lina
Virginia..
North, pts
"Tenn., Ac.
’Foreign..
This year.
New York.
This |
week, j
Since
Sept. 1.
1
4.747
6,418
103,194
988 35,419
5,524 134,524
1
8,026i 76.586
j
1,239
36,801:715,016
This
week.
■
Philadelphia.
Since
This
Baltimore.
Since
This
Since
Sept. 1. week. Sept. 1. week. Sept. 1,
1,500
6.505
-
••••••
.37,881
••••••
••••-•
2,745
7,778
9,077
966 10,557
2,515
52,209
i.49
178
1.244
14,732
4,852
71,252
......
•
-
.
33,511
77,127
85,392
-
-
6,il>3
.
^
^
OS,
®
1,968 30,803
••••••
m
m
^
^
•
•
•
*
«
2,247 33,649 10,217
Steamer Nova Scotian,
Baltimore—For Liverpool—Jan. 8—Steamers
Thanemore, 2,070, 8erra,
Jau. 10—Steamer Ontario, 4,732.
1,800
For Bremen—Jan. 6 -Steamer
Koln, 1,615.
Philadelphia—For Liverpool—Jan. 5—Steamer British
Queen, 2,500.
9,757
Below we give ail news received to date of disasters
carrying cotton from United States ports, &c.:
21,100 240,416
with
City
205
Total bale*.
-New York—To Liverpool, per steamers
Adriatic, 1,647
Ari¬
zona, 674
Britannic, 2.459
Gallia, 1,270
Helvetia,
1,517
Lake Nepigou, 3,418.....
■[To Havre, per steamer Pen-ire, 142
vTo Bremen, per steamer Oder, 491
To Hamburg, per steamer Gellert, 797
:.
To Amsterdam,
per steamer Jason, 138
To Antwerp, per steamer
Waesland, 2,011
New Orleans—To Liverpool,
per steamers Brankelow, 5,930
Briscoe, 7,014
Eduardo, 4,900
Gallego, 5,200
10, and twenty bales of cotton were damaged.
The cotton was stowed in the oabin and was
entirely separate
from the cotton in the hold, consisting of about 1,300 bales. The
damage to the vessel is slight, aud the bulk of the oargo is thought
damage by water.
to be free from
Cotton
142
491
797
138
2,011
Knight of St. Patrick, 5,591
Persian, 5,200
Vindolauo, ’ 4,295
50,529
Flaohat, 4,010
16,128
2,233
To
Sebastopol, per steamers Ashburue, 7,022..Cyprus, 5,225 12,247
Barcelona, per barks Cavieces, 500
799
Pepitu, 299.......
Mobile—To Liverpool, per hark Arcadia, 2,550
2,550
Charleston—To Gotteuburg, per bark Albatross, 1,025 Upland 1,025
To Barcelona, per brig Lloret. 470 Upland.
470
Savannah—To Liverpool, per bark Christiau Scriver, 2,162
To
Satur.
Hon.
Tuts.
as
follows:
Wednes.
Fri.
Thurs.
Liverpool, steam d. i364-I764 316®1764 316®1704 316®17G4 316®1764 316®l764
sail.-.d.
Havre, steam—c.
Do
sail
Bremen, steam,
Do
sail
716*
c.
.c.
c.
....
1732*
....
....
....
....
....
716*
716*
716*
716*
7ie*
....
....
....
....
*2® 1732*
....
Hamburg, steam, d.
Do
Orion,
West
freights the past week have been
•
l732* *2®l732J
....
....
....
V
V
V
....
sail...d.
....
....
....
....
....
Amst’d’m, steam.c.
916*
916*
916*
9ltt*
916+
9Le'
....
....
....
....
....
30*
38*
38*
38*
....
....
....
...
Guilford, 5.300
Indian, 2,513
Havre, per steamers Diadem, 4,570
Newmiuster, 2,950
Sunbeam, 4,593
-To Antwerp, per steamer
Cameo, 2,233
Camilla, bark (Nor.), loading at Charleston, for Liverpool, caught fire
"afternoon of Jan.
Do
8,935
•
To
in her cargo were 846 bales of
cottou, 63 bales of which had been
transferred from the
City of Berlin. The chance of her being
raised is extremely doubtful.
5,330 81,112 19,006 169,800
Shipping News.—The exports ol cotton from the
United
iSfcates the past week, as per latest mail
returns, have reached
177,833 bales. So far as the Southern ports are
concerned, these
are the same
exports reported by telegraph, and published in
tne Chronicle last
Friday. With regard to New York, we
Include the manifests of all vessels cleared
up to Thursday
night of this week:
slight damage.
Brussels, steamer (Br.), Land, from New York, December 28,
Liverpool, was run into during a fog, Jan. 7, and sunk off the
Mersey, by steamer Kirby Hall, from Glasgow for Liverpool.
The City of Brussels was cut down to the water’s
edge about half
through, and sunk in about twenty minutes after the collision.
Her mails were landed at Queenstown 6 A. M. of Jan. 6. Included
of
for
21,645
7,536!l41,546
to vessels
Bertie, steamer (Br.). from Charleston for Bremen, caught lire
along¬
side the wharf at Bremen,
January 3. The tire was extinguished
......
last year. 56,686 771,972 18,653,219,236 I
3,809 51,478
4.583
Anibal, 1,010.
Wilmington—For Liverpool—Jan. 5—Bark Geo.
Davis, 2,303.
For Queenstown or Falmouth, for
orders—Jau. 8—Bark Marie, 1,713.
Norfolk—For Liverpool—Jan. 6—Bark Maiden
City, 3,320.
Boston—For Liverpool -Jan. 3—Steamer
Illyrian,
Jan. 5—
1,314
Steamer Atlas, 1,429—Jan. 6—Steamer
Jan. 10—
Iowa, 1,970
.
Boston.
5,934110,321
3,168 100,417
8,364 146,898
For Ghent—Jan. 5—Bark
Zuleima, 1,525.
For Barcelona—Jan. 8—Bark
Do
sail-.-d.
.
...
Baltic, steam—d.
Do
sail
c.
...
*8*
....
....
•
Barcelona,steam.c.
V
V
V
V
V
V
Genoa, steam ...d.
%*
V
34*
V
V
34*
*
•
•
•
Compressed.
_
Upland
'To Havre,
2,162
ship Success, 4,500 Upland.
4,500
To Bremen, per steamers
Annie, 6,005 Upland
Athens,
7,224 Upland
:
13,229
To Barcelona, per bark
Barcelona, 3,375 Upland
3,375
Texas—To Liverpool, per steamers
Ardancorrach, 3,700
Horace, 3,879
Prince Soltykoff, 3,453
per barks
Anina, 843
Edmund Richardson, 918
Fama, 1,259.. 14,052
To
To
To
i)er
Havre, per steamer Shildou, 3,529
3,529
Bremen, per steamer Menzaleh, 4,295
4,295
Amsterdam, per bark Velox, 1,280
1,280
Wilmington—To Liverpool, per barks Jasva, 1,800
J.- T.
Smith, 1,473.... Thinca, 1,643
..;
4,916
Norfolk—To Liverpool, per steamer Pedro, 1,200
per ship
Edward O’Brien, 8,753
per bark Harry Bailey, 2,476
12,429
Baltimore—To Liverpool, per steamer Vesta,
4,081
4,081
BOSTON—To Liverpool, per steamers
Norseman, 2,849
Pales¬
tine, 1,976....Venetian,
8,387
To Antwerp, per steamer 2,190....Victoria, 1,372
Hermann, 28
28
Philadelphia—To Liverpool, per steamers Illinois, 1,000....
Lord Gough, 2,000
3,000
.
..
Total......
177.838
Liverpool.—By cable from Liverpool, we have the follovdng
&c., at that port. We
statement of the week’s sales, stocks,
add previous weeks for comparison.
Dec. 22.
Dec. 29.
bales.
55,000
32.000
took ....
Of which speculators took..
5.200
2,800
1,840
40,000
11,500
20,000
556,000
308,000
890
24.000
Sales of the week
Of which exporters
Sales American
Actual export
Forwarded
Total stock -Estimated
Of which American—Estim’d
Total import of the week
Of whion AmericanAmount afloat
Of whioh American.
99.000
84,000
398,000
348,000
11,500
21,000
663,000
395,000
167,000
129,000
361.000
318,000
Jan. 5.
Jfm. 12.
43,000
3,800
66,000
7,300
1.670
3,700
49,000
82,5.00
4,900
29,500
T10,000
445,000
119,000
104,000
367,000
329,000
4,600
25,500
699,000
429,000
80,000
54,000
470,000
425,000
The tone, of the Liverpool market tor spots ana iutures
day of /lAffnn
the week ending Jan. 12, and the cteily closing priced
Viotm Kuan
oa
fnlloWR.
THE CHRONICLE.
62
IVOL. XXXVI.
r*
Saturday Monday.
Spot,
Market,
)
12:30 P.m
J
Dull
and
easier.
MiflLOrrns
Bales
8,000
500
500
Spec.<fe exp.
013,0
12,060
1,000
513,s
8,000
1,000
demand
freely met
5Hj6
513,6
511,6
0l3,6
10,000
12,000
2,000
1,000
1
Futures.
l
Market,
12:30 p.m.
J
Market,
)
J
5 p.m.
Steady.
Firm.
Quiet.
steady.
Barely
Weak.
Flat.
Strong.
steady.
Dull.
Weak.
Barely
66%c@67c. for February, 66 %c. for March and 66c. for April,
May quoted at 64%@64%c.
Rye has been firm but rather quiet, Barley has been quiet
but steady. Oats have been active at times on speculation, but
after some fluctuations have latterly taken a downward torn
the demand for consumption proving only moderate. To-day
the market was firmer ; No. 2 mixed sold at 46%c. for January
46%c. for February, 47@47%c. for both March and April.
The following are closing quotations:'
with
Fair
Dull
and
easier.
Steady.
5Ui«
5Di6
51316
8,000
Friday.
Wednts, Ihursd'y.
Dull
and
easier.
Dull.
5Hie
51316
MlfLUprdt
Tuesday.
FI/OXJR*
Steady.
Weak.
No. 2
3
2 75 ® 3
3 00® 3
4 00® 5
4 75® 5
4 75® 5
4 00® 6
3 65® 4
5 75® 7
5 50® 7
spring...ft bbl. $2 40®
No. 2 -winter
Superfine
Spring wheat extras..
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
The
do bakers’.
Wis. & Minn, rye mix.
Minn, clear and stra’t
Winter shipp’g
otherwise stated.
f^*TAeprices are given in pence
and 6 03 means 6 3-64d.
extras.
Patents, spring
Patents, winter
and 6iths, thus: 5 62 means 5 62-6id.
City shipping extras. $5 30® 5 71
25
bakers' and
family brands
5 35® 6 7i
South’n Bhip’g extras. 4 35® 5 a
Rye flour, superfine.. 3 35® 3 8;
35
Southern
75
00
50
50
00
Com meal—
Western, &c
Brandywine, Ac....
Buokw’tflour,1001bs.
35
50
00
Rye—Western
Open High
Open High
Low. Clos.
Open
High)
d.
d.
d.
d.
d.
d.
d.
d.
d.
5 40
5 39
5 39
539
5 41
539
5 40
5 40
5 41
5 40
5 41
..
5 39
5 39
5 38
5 33
5 39
5 40
5 39
540
5 40
5 42
5 40
5 42
Feb.-Mar...
540
5 40
5 39
5 39
5 40
5 42
5 40
540
5 40
5 42
,5 40
541
Mar.-April..
April-May .
May-June..
June-July..
July-Aug...
Aug.-Sept..
Sept.-Oct...
5 43
5 48
5 42
5 42
5 42
544
5 42
5 42
5 43
5 44
5 43
5 44
5 40
5 40
5 45
5 45
5 46
5 47
5 40
5 40
540
5 49
5 40
5 49
5 52
d.
Jan.-Feb.
550
5 50
548
5 49
550
5 51
5 49
5 49
550
5 52
5 49
551
5 54
5 53
553
5 54
555
5 53
5 53
554
5 50
5 53
5 50
558
558
5 57
5 57
558
5 59
5 58
553
558
5 59
558
5 59
5 62
5 02
5 61
5 61
5 02
5 63
5 62
5 02
5 63
3 02
563
0 02
98
1 09 ^ s 1 13*2
No. 2
80 ®1 16
1 10^ ®.
63 ® 69
White
White No. 1
Com—West, mixed
West. mix. No. 2.
d.
d.
January — 5 40
-
Red winter
Red winter,
Low. Clos.
State & Canada.
Oats—
09
09
®1 17
ICO ®1
105 ®1
Spring, per bush.
Spring No. 2
Toes., Jan. 9.
Mon., Jan. 8.
Low. Clos.
3 75® 391
2 25® 2 Si
GRAIN.
Wheat-
Sat.» Jan. 6.
3 00® 3 71
«
®
71
70
70
1®
75
69% ®
65
White
65
Yellow
Buckwheat
'
Mixed
White..
No. 2 mixed.
No. 2 white
®
®
70
72
45
®
47
4612®
46
48
...
Barley'
66
68
98
102
Canada No. 1...
Canada bright..
Canada No. 2...
90
90
State, 4-rowed..
State, 2-rowed..
81
9
5H
....
84814
®1CO
©
....
®
....
®
®
92
84
The movement of breadstuffs to market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange.
We first give the receipts at Western
Lake and River ports, arranged so as to present the comparative
movement for the week ending Jan. 6 and since Aug. 1 for
each of the last three years:
Wednes., Jan .10.
OpenHigh Low. Clos. Open High Low. Clos.
Open High Low. Clos.
•
5 42
5 43
5 42
5 43
5 42
5 42
5 10
5 40
5 40
5 39
d.
5 39
5 42
5 42
5 42
5 42
5 42
5 42
5 41
5 41
5 40
5 40
5 38
5 38
543]
5 44
543
5 44
5 43
543
5 41
5 41
5 41
5 41
5 40
5 40
Mar.-April.. 5 45
Apiil-May.. 5 49
May-June.. 553
June-July.. 550
July-Aug... 5 01
5 45
5 44
5 45
5 45
5 45
5 43
5 61
5eo
5 00
5 59
5 59
5 59
5 59
5 59
5 59
0 02
602
6 CO
0 01
5 03
0 03
5 62
5 63
5 62
5 82
January
Jan.-Feb
...
Feb.-Mar...
Ang.-Sept..
Sept.-Oct...
d.
d.
d.
d.
d.
d.
d.
5 43
5 44
d.
5 44
d.
5 42
5 43
Barley.
Oats.
Com.
Rye.
Bbls.imbs'Bush.GO lbs Bush.56U>s Bush.32 lb& Bush .48 lbs Bush.Sfilbs
51,037
678,784
163,495
1,094,398
345,575
85,979
Chicago
Milwaukee.
d.
5 40
d.
1
Wheat.
Flour.
Receipts at—
FrI.) Jan. 12.
Thurs.) Jan. 11.
Toledo
Detroit
Cleveland/..,
St. Louis
...
78,276
1,069
4,018
1,520
21,673
205,667
142,214
83,400
14,500
163,357
725;
450
Peoria
17,140
148,099
11,499
38,000
315,750
299,950
43,920
53,696
13,708
16,600
25,776
102,075
168,520
2,300
,
17,4562,671
14.087
4,900
60,546
12,600
5 49
548
5 49
5 48
5 48
5 40
5 46
5 47
5 47
5 45
5 40
5 54
5 52
5 53
5 52
5 52
5 49
5 49
5 50
5 50
5 49
5 49
5 57
5 56
5 56
550
550
551
554
554
554
5 53
5 53
Tot. wk. ’63
193,260i
5 57
5 58
Same wk. ’82
5 61
5 61
131,198:
170,620
1,000,253
574,272
805,351
1,924,836
1,232,277
1,290,840
934,559
492,019
480,101
426,457
372,206
303,645
4,760,746
3,844,182
4,101,063
51,817,672
26,132,747
54,802,647
35,340,387
61,134,675
63.215,155
26,238,564
16,837,552
22,055,155
9,060,685
8,104,638
8,610,694
12,976
13,000
45,000
Duluth
07,140
48.275
47,862
....
1882....
1881....
1
1880....
i
The
sa me
BREADSTUFFS.
2,498,210
2,764,794
2,556,611
comparative shipments of flour and grain from the
from Dec. 25, 18S2, to Jan. 6, 1883, inclusive, for
show as follows:
ports
four years,
FRIDAY, P. M.. January 12, 18*3.
Flour
bbla.
1882-83.
1881-82.
1880-81.
1879-80.
029,911
252,720
343,368
278,768
advance in wheat.
362,186
327,898
550,814
646,328
bush.
There has been a fair demand for the lower grades, but the Wheat
1,840,410
1,3V 5,555
Com....
2,619,283
1,422,772
550,617
894,795
745,211
1,051,792
better brands have sold to only, a moderate extent, and indeed Cats
119,812
354.910
428.337
331,203
Barley
the transactions in all descriptions have been more or less cur¬ Rye....
93,419
94,600
111,776
73,210
tailed by the firmness of holders. To-day the market was quiet
Total grain
4.818,950
3,144 600
3.684,934
2.467.444
for the better grades, while the cheaper brands sold well, and
Belov* are the rail shipments from Western lake and river
prices were generally firm.
ports for four years:
If 80.
1881.
Wheat has been in steady demand for export, and holders
1882.
1883.
Wttk,
Week
Week
Meek
have been favored by strong markets in Europe. Still the
Jan. 10.
Jan. 8.
Jan. 7.
Jan. 6.
114,811
157,587
bbls.
£66,747
143,162
foreign trade has been restricted, as exporters claim, by the Flour...
183.500
recent advance in prices here, which they state has nearly or Wheat..
548,538
314,273
'nsb.
231,276
763.139
780,601
Com
671,339
1,174.272
quite obliterated the margin on Liverpool. Options have sold Oats
312,537
477,404
337,277
478,723
59.434
204.339
176,894
113,265
Barley
fairly, and at one time showed an advance, but latterly the
47,067
44,363
53,046
31,314
Rye
opinion gaining ground that the effect of the European floods
2.119.929
1,435.572 2.036,453
Total
had been to a large extent, at least, anticipated, and the Chicago
•market moreover showing some depression, prices here on moat
The rail and lake shipments from same ports for last four
months lost the advance, January however showing a fractional weeks were:
Rye,
Barley,
Week
Oats,
Corn,
Wheat,
Flour,
advance compared with a week ago. The market was %c.
bush.
bush.
bush.
bush.
bush.
ending—
oois.
204.339 31.314
250.978
1,320,090 491.501
higher and moderately active; No. 2 red sold at $1 12% for Jau. 6...266,747
223,998 41,996
395.350
560,291
Dec. 30...263.164
1,299.193
January, $113@$1 13^ for February, $1 15%@$115% for Dec. 23... 170,950. 292,366 1,033.006 402,403 131,753 26.704
198,583 38,235
997.591
352,16S
303,544
March, $117%@$l 17Ya for April and $1
18 for May. Dec. 16...207,596
Flour lias advanced in response
to
an
-
.........
..
m
m
m 1
4*
*
•
,
-
•••••••••••
advance Tot.,4w. 903,457 1,242,238 4.654.883 1,806,368 761.G73 138,249
of 2c., and large sales have been made on speculation. An Aw’ka 82..438,304 1,119,801 3.347,636 1,444,413 658.997 18.2,£33
The receipts of flour and grain at the seaboard ports for the
attempt to corner January in Chicago has not thus far met
id Jan.
Jg
week
ended
6, follow:
with any very marked success,
though the fact that
Rye,
Barley,
Flour.
Oats,
Com,
Wheat,
such an attempt would be made, and that the grade of the re¬
bush,
bush.
bush.
bush.
bbls.
bush.
At
182,567 564.000 604,946 268,842 53.900 12,642
ceipts was running rather low, has caused many shorts to New York
1.500
6,900
98,450
370,449
Boston
72,575
63,349
394
Still there has been weakness at the West within a day Portland
cover.
2.850
8,200
82,961
1,200
1,000
1,950
550
4.300
5,400
Montreal
6,164
or two, and the fact was reflected in the depression which
500
85.000 14,500
Philadelphia... 18,547 105,300 138,000
2.500
13,500
349,100
immediately became noticeable in this market. Thus, part of Baltimore
12,000 260,950
71,010
25,518
the advance of l@2c. which had taken place earlier in the New Orleans... 11,069
week has been lost. To-day the market was fairly active at an
294.896 1,091.786 1,542.255
Total week
493.460 77,250 13,536
advance of ^c.; No. 2 mixed sold at 67/£@67%c. for Januaiy, Oor. week’822..178,077 428,278 407,596 366,958 55,435
Indian
corn
has been in fair demand for export at an
....
...
THE CHRONICLE.
13,1883.J
January
The total receipts at
Dec. 25, 1882, to Jan.
years*'
floor
float.....
the same ports for the period from
6, 1883, compare as follows for four
1882-83.
1881-82.
DM**
663,178
400,612
busk*
2^90,779
911.903
2.83Q.09S
1,311,792
704,421
207.912
-
850,764
173,153
29,536
Corn...
QaflAV
Rye
5,983,380
Total grain....
1,602,032
2,160,293
547,618
915.257
1,786,539
187,611
104,715
66,203
3.117,192
4,568,787
Flour.
Bush.
Bush.
Bush.
500
Portland.
Montreal.
philadel-
*
Baltim’re
N.Orl’ns.
9,165
6,883
18,188
466,321
60,687
414,073
316,157
29,474
872
,
56,304
232,814 1,491,355
Total wl.
8’nae timf
61,111
1892...
1,407
570.329
12,389
3,316
493
8,878
1,807
12,882
12,234
423,499
1.863
42,911
40,196
Flour.
Exports
for week
Wheat.
Corn.
1882.
1883.
1882.
1883.
Week,
Week.
Jan. 6.
Jan. 7.
Jan. 6.
Week,
Week,
Jan. 7.
Jan. 6.
Bbls.
Bbls.
170,220
13,836
Contin’nt
S.&C.Am
W. Indies
Brit. Col’s
Oth.c’nt’s
1882.
Week,
Jan. 7.
Bush.
Bush.
660,029
806,827
20,000
384,272
160,057
767,797
1,500
1,065
5,473
7,500
24,500
1,030
1,548
61,111 1,494,355
570,329
800,367
423,499
29,899
5,216
9,208
7,004
23,806
29,351
4,942
8,615
659
1.169
232,814
Total...
We add the
1883.
Un.King.
unsettled.
for comparison:
.Week,
to-
light in the aggregate, and cheviots continued quiet and
Print cloths were in moderate
demand, but weak,
closing at 3%@3 ll-16c. less 1 per cent for 64x64s and 3%@
3 3-16c. for 54x60s.
Fancy and shirting prints were in some¬
what better demand, and some fair parcels of dress
ginghams
were shipped “ on
memorandum,” subject to opening prices
which have not yet been fully determined
upon.
Domestic Woolen Goods.—There was a
strictly moderate
demand for men’s-wear woolens at first hands, but fair deliveries
of all-wool and cotton-warp cassimeres and
suitings were made
by agents on account of back orders. Worsted coatings were
were
40
800,367
year
including 1,139 to Great Britain,
China, 342 to Brazil, 181 to U. S. of Colombia, 166 to
Hamburg, 148 to Hayti, &c. There was a steady but moderate
demand for plain and colored cottons by jobbers and
converters,
but no special activity was noticed in
any particular class of
goods. Cottonades were more sought for, but transactions
400
The destination of these exports is as below.
corresponding period of last
Domestic Cotton Goods.—The
exports of cotton goods for
the week were 3,917 packages,
700 to
Peas.
239.829
hands.
ending
Bye.
Bush.
tendency toward specula¬
class of merchandise, notwithstanding the low
prices prevailing at present. Values remain unchanged, and
such goods as govern the market are
steadily held in first
3,114,803
Oats.
Bush.
Bush.
Bush.
also
294,897
24,402
104,740
Un. Kingdom
Continent...
S.&C.Am...
West Indies.
Brit. CoPnies
Oth. countr’s
Total
Wheat.
1881-82.
1882-83.
1881-82.
1882-83.
1881-82.
Sept. 1 to
Sept. 1 to
Sept. 1 to
Sept. 1 to
Sept. 1 to
Jan. 6.
Sept. 1 to
Jan. 7.
Jan. 6.
Jan. 7.
Jan. 6.
Bbls.
Bbls.
Bush.
Bush.
Bush.
20,219.774
16,054,842
64,820
28,325
7,806
17,040,356
5,874,380
3,380
2,583,159
293,521
281,657
882,816
273,114
15,098
1,073,484
77,301
248,017
232,090
purchases were stimulated by low prices. Shawls and skirts
seasonably quiet, and the demand for flannels and blankets
was comparatively light; but
spring dress fabrics and Jersey
cloths met with a fair share of attention, and some
considerable
transactions were reported—for future
delivery.
Foreign Dry Goods.—There was a slightly
improved call for
imported goods at first hands, but business in this connection,
was by no means active.
The feature of the week was a pe¬
remptory auction sale of Hamburg embroideries, which found
ready buyers at good average prices.
17,049
192,945
3,779.365
1,883,942
37.168.512
235,911
Jan. 7.
Bush.
12.559,417
2,604,267
200,268
3,547,878
311,939
84,207
161,165
45,375
36,558
13,135.109
4,237,122
15.678.134
10,725
•
208,974
213,043
62,060
.
30,373
The visible supply of
grain, comprising the stocks in granary
ai the principal
points of accumulation at lake and seaboard
ports, and in transit by rail and water, Jan. 6,
1883,
follows:
Wheat,
In store at—
New York
Do. afloat
bush.
Albany
Buffalo
“
JJJoago.
Milwaukee
Detroit
£wego
98.000
93,737
310,000
288,000
115,000
210,090
29,982
32,199
42,000
425,519
40,029
90,(‘00
216,306
214,600
230,490
Toronto
Montreal
Philadelphia
680.468
9,569
220.500
feoria
Indianapolis
frMas City
Baltimorex
250,142
_T
Down Mississippi,
fa rail
JotJan.
Tot. Deo.
845,426
748,931
Boston...
Bye,
bush.
510,000
60,500
589,691
180,000
§t Louis....
bush.
1,194,485
954,329
963,056
798,869
Toledo
Barley,
203,000
25,000
5.380,641
Duluth
Oats,
bush.
6,952.222
1,199,^39
afloat
Corn,
bush.
was as
1,115.135
19,702
363.060
3,059,918 1,644,4< 6
50,878
2,388
■
■
«
■
258,032
270,711
I-1
8,000
.
239,693
27,457
2,000
38,826
153,055
2.158
225,144
63,684
175,352
211.790
279.549
53,000
203,813
15,000
12,530
5,650
22,751
800,000
102,115
28,760
180,798
13,142
\
8,810
329,355
145,818
1,607,336
438,993
50,737
12,773
665,192
279,005
14,860
’82.21.048,017
Jot Deo. 23, ’82.20,614.537
16, '82.19,781,437
Jot.
Dec. », ’82.20,190,034
Tot. Jan.
7, ’82.17,530,421
THE
DRY
700
30,942
4,866
91,245
15,500
20,775
45,213
GOODS TRADE.
the volume of business,
spring goods.
the demand for most descrip¬
There was a steady movement in staplJ
Total Ent’d
Flax Silk Cot n
Flax .kliS Cot n Wool
Total
Silk Wool
F
l
a
x
Total Cot n
Wol.; Manufctres Miscelanou Manufctres Miscelanou Manufctres
M
i
s
c
e
l
a
n
o
u
pert. forcusmpt.
market. forcnsumpt.
the
Total
on
of—
m
m
co to
>-•
©to
•if
at
*-m
CO
©
©
®
l
if OtM<4CC
<4
to -4 <1 M Ot
©x^it0^4
M
to
CO
9,071 2,650
2,948016 719.872 43,817 124,96 15,32 48,709 150,968 FEONTRRD 2,94801 682,149
WITHDRAN
© © M ot to
to ©XV: -4
t^CC cox©
©
CO
Ol © if M M
©
H*—ppco
© f **3bb
M
©
**4
18, 74 13,820 4,354
M
17, 49! 13,820 3,929
WAREHOUS
<4 tO CO To <1
© <4 05 © ©
05 ac co :o to
i
5,76925 4, 12 1,35.04 109,73 219,621 243,029 436.578 307,10 DURING 5.36,028 4,12 923,607
CO to to-ICO
© CO CO to ^4
© if- ©CO ©
M
9,459
3,0471
©V.
CD®
—
CD
M
co a. to V. co
•vj 00^4^105
<1 4* tO tO CO
to
MQ»
Ot©
© to <400 m
o* if- if* tf* to
If. ot CO © ot
pov
Vico
OtO»
17,249 10, 2 7,127
!
c.Vj
SAME 9.2 4! 5,9 1 3,23 1,267 700 289 675 302
INTO
CO
top M to
©©boo
©
to if -4 if M
tO© ©CO
if
PERIOD. 2,1507 805,9 53,17 132,85 23,92 260.175 125,967
©
CJi
ot
bo
5,39.1(
if©
to®
CO GO
M
if
©f.
MM
<1
V
CO
MCO
tOM
b © w © if
O* — © Ot. - 1
to it. 4- £. CO
00
to©
©to©®©
cob©
50
M
r—
X ***4 IO
St
x
c
’
j
3
If MO©
*- © tc to
© rO —* M
pe
.
f
X
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M
CD
w
to
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©©-lV©
©if Ot|f ©
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CO^Hoif <4
©to if co wsa
QDtClf MU
bViwVto
MM
©
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M©<4©©
3
MM
MARKET.
Since
■?
Jan
3
a"
e%
1,
182.
1 *3
? 8
W © if If <4
© **>X © ©
<*>
M
•*
©
Vi
Ot
10. 2
I-1 to if* © 00
|f©lO©*—
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14-
CO*-
bo
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tf-©
CO
14,93 24,62 536.14 726,40 49,36
MJOMC0M
©©00 toVi
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© CO © if It—
$
3
c%
m|i
CD3
MCCf M
<4 00© tO<1
f
b
toll
COX MOO ©
CO
CO©
X © ot -4 to
Ju *0
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CjS
.
■»
..
i
—>
|
M*if *-t©bi
tow©tox
©topoopt
M©COiOif
if If Ot©tO
i_i
c
X
a
R
K
K
X
>
z
e
ac
1
B
>
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a
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X
*
M
f
SB
CC
s
>
n
a
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M
0: © 09 © 99
r.i ir*or>
c
z
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“I
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X
3
M
at
or
f*
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ss
3
?
a
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Value.
©►—©if©
XXOif if
Ot
o»
C5
C
230,97 47,216 80,56 97.93 453.07 12,8. Emtinq
$
Mm
M
Jan. We k
c
M
JD
c
X
3
CC l—
if if
M
X
■■i
tHE
^1
if
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4THROWN . 1,421
©OXXOi
m wtooo*
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AND
to*-1 to I-*
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otw
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MM
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ot—
of—
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00
CO
The market has shown rather more animation
the past week,
owing to the arrival of a good many wholesale buyers
from
distributing points in the West, South and Southwest, but
there was no material increase in
of
Total Ent’d
at
68,000
46,837
Friday, P. M., January 12, 1883.
tions
/
^*4
9,104,137 4.423,379 3.040,154 1,470,085
8.233,401 3.262,835 3,021,416 1,307,170
7,407,700 2,909,462 3,092,084 1,277,996
7,020,453 3,068.228 3,108,666 1.241,652
16,426,381 2,628.193 2,813,535 1,218,964
stormy weather having checked
importations of dry goods at this port for the week
ending Jan. 11, 1883, and since January 1, and the same facts
for the corresponding periods of 1882, are as follows:
905
6, '83.21,315,550 9.229.144 4,425.588 3,004.030 1,511.978
30,
Tot. Dec.
Importations of Dry Goods.
The
■
447,632
14,563
80,000
939.837
56,793
232,376
were
were
Corn.
1882-83.
a
reported in leading makes.
Kentucky jeans ruled quiet in the regular way, but a few liberal
100
season.
Flour.
Exports since
Sept. 1, to—
some
to
fair amount. Spring
attention from manufacturers
manner
and the trade, and fair sales
By adding this week’s movement to our previous totals we
following statement of exports since September 1, this
and last
distributed in like
cloakings have met with
4.270
17,944
.
hare the
season
not the least
tion in any
16,762
Corn.
491,549
118,140
84.000
moderate, and there is
291.530
Wheat.
Bbls.
163,886
51,508
New Tori
Boston.
goods, hosiery, underwear, &c., on account
orders, but new business in such fabrics was only
of former
1879-80.
226,534
The exports from the several seaboard ports for week
Jan. 6,1883, are shown in the annexed statement:
Exports
from-
cotton and woolen
1880-81.
508,834
11,164
63
x.
S’
f
M
X
X
w
to
fHE CHRONICLE.
(54
LOUISIANA,
MONROE,
Practices in the District Circuit and Supreme
-Courts of the United States and of the State, in
classes of cases. Has no other business, and devotes
his personol attention and all his time
his
all
exclusively to
profession. Refers to Bank of Men roe.
general banking and brokerage bust
in Railway Shares and Bonds and Governmen
Transact a
□ess
securities.
deposits.
Investments carefully attended to.
Interest allowed on
Dan Talmage’s Sons &
Co
FACTORS
HILLERS,
BANKING business.
received and INTEREST allowed ou
DEPOSITS
balances.
GEO. H. HOLT
Charleston,
108 Bay Street, Savannah,
41 Sc 43 North'Peters St., New
Fred.
Orleans.
Smith,
H.
BROKER,
STOCK AMD BOND
STREET, NEW YORK.
20 BROAD
-
Railroad Securities a
Financial.
Intimate knowledge of all for past fifteen years.
Information cheerfully given. Investors or dealers
wishing to buy or sell are invited to communicate.
All stocks dealt in at New York Stock Exchange car¬
Staples,
Prentiss 8c
ried on margins.
STREET, NEW YORK
Wo. 11 WALL
AND
BROOKLYN.
STOCKS
GAS
J. C. Walcott & Co.,
No. 3
AND BROKERS
Street, New York.
Pin©
Transact a General Banking Business; Buy and
Sell on Commission, for cash or on margin, all Securi¬
ties dealt in at the New York, Philadelphia, Boston
Stock Exchanges.
Branch Office, 320
and Chicago
AND
Street
ALL KINDS
DEALT
John F. Stark
Georgs stark.
BANKERS,
THIS
PAPER.
Geo. H. Prentiss,
Cyrus E. Staples.
Member N. Y. Stock Exchange.
ESTABLISHED
"'Coleman Benedict & Co.
No. 24
BROAD
STOCKS
MEMBERS OF THE N. Y
8TOCK EXCHANGE
A
.
strictly commission business conducted tn the
purchase and sale of Stocks and Bonds on Margin
or
Randall & Wierum,
our
correspondent'!.
Beasley & Co.,
BANKERS
Otto C. Wierum
A. Mauriac &
E.
AND BROKERS,
BANKERS
No. 7 Wall Street.
Railroad, Mining, and other Stocks,
bought and sold on Commission.
E. A.
DEALERS
INVESTMENT
No. 98
IN
M. M. HOWLAND.
BANKERS,
No. 20
SIX
large line of CHOICE Railroad
PER CENT bonds on desirable terms to
Nassau
SPECIAL ATTENTION GIVEN
TIATION OF
J. W. Wilson & Co.,
&
BEAVER
29
NEW
Rills
of
Exchange
Credit
N. T.
No. 8 WALL
on
and
Letters
of
Mexico.
Beers, Jr.,
^Brooklyn Securities, City Ronds
Gas
No.
1
Stocks, &c.,
NEW
NlCW
TO THE NEGO¬
County of New York, m;
I, Fred’k Taylor. Cashier of the above-oiamed
bank, do solemnlv swear that the above statement
the best of my knowledge and belief.
FRKD’K TAYLOR. Cashier.
Subscribed and sworn to before me this 10th day
•f Jan., 1883.
Alfred H. Timpson,
Notary Public, New York Co.
Correct—Attest:
)
WILLIAM TURNBULL,
WILLIAM D. MORGAN,
£ Directors.
JOHN T. AGNEW,
)
is true, to
EPORT OF THE CONDITION OF THE
JA GALLATIN
NATIONAL BANK, AY
New York, in the Sta’e of New York, at the close of
business,’December 30,1882 :
RESOURCES.
Loans and discounts
Overdrafts..
U. 8. bonds to secure circulation
Other stocks, bonds and mortgages...
Due from o’her National banks
Due from State banks and bankers....
Real estate, furniture and fixtures....
Current expenses and taxes paid
SECURITIES.
STREET,
YORK.
IN ALL KINDS
Railroad and Investment
Southern Securitas a
WM. M. EARL,
A. H. DAYTON.
Member N.Y. Stock Exch.
Earl 8c
'
55
2,777,214 16
25,000 00
35 98
513,905 85
115,482 00
40,000 00
$7,858,568 75
Total
LlABIllI ies.
'.
paid In
$i,650,064M
300,000 00
015,722 08
Undivided profits
National bank notes outstanding......
Dividends unpaid
Individual deposits subject to check..
Demand certificates of deposit
767,000 00
1,225 00
^
2,484,820 64
2,874 50
2,084,984 49
294,165 50
266,078 55
42,192 w
$7,858,563 75
Accepted drafts
Total
State of New York,
00
00
22
75
00
14,995 54
188 87
Legal tender notes
Redemption fund with U. 8. Treasurer
(5 per cent of circulation)
—
......
County of New York, ss:
J, Arthur w. Sherman, Cashier of the aboyenamed bank, do solemnly swear that the aboye
statement is true, to the best of my knowledge ana
belief.
A. W. SHERMAN, Cashier.
Subscribed and sworn to before me this 10th day
of
•! at.uary,
H. L. BRAYNARD,
Notary Public.
1883.
Correct—Attest:
A. H. STEVENS,
)
V Directors.
ROOSEVELT,
THOMAS DENNY,)
DEPORT OF THE CONDITION OF THE
XU NATIONAL BANK OF THE BEPUBI.lt,
at New York, in the State of New York, at the dose
of business December 30, 1882:
'
RESOURCES.
Loans and
.a, fti
.,
discounts...
1,450,ow w
loo.wu w
d'PJ.tto o»
JwJjw
4i,mw
22
Checks and other cash items
Smim to
Exchanges for Clearing House
Bills of other banks
.•••
S
Fract’l paper cur’cy, nickels & pennies
Jg ^
U. S. bonds to secure circulation
Other stocks, bonds and mortgages....
Dub from other national banks
Due from State banks and bankers....
Real estate
Current expenses and taxes paid
Redemption fund with U. 8. Treasurer (5 per cent of circulation)
...
OF
Securities.
Specialty.
GEO. H. STAYNER
Special.
Dayton,
AND
LIABILITIES.
w
-nn
0>:)W
BUILDING,
York.
“
S'B 00
.
Total.
State of New York, County of New
I, E. H. Pullen, Cashier of the
bank, do solemnly swear that
is true, to the best o
1
«* J*n-
188S-
Mg’219 52
124950
00
1’1is’o93 00
oqoi’09706
mu'290 50
55
012273 31
^'544 17
A ifi’040
York,
Subscribed and sworn to
00
cnmVHlOO
Undivided profits
•••••:
National bank notes outstanding
Dividends unpaid....
......
•••••••
Individual deposits subject tacheck...
Demand certificates of deposit
Certified checks
• .•
Cashier’s checks outstanding
Due to other national banks
Due to State banks and bankers
*
SOLD
'
*-•••••
my^ noy
BROKERS*
AND BONDS BOUGHT AND
STRICTLY ON COMMISSION.
w
other than
Capital stock paid in
Surplus fund.
TO 50 DREXEL
New
STOCKS
I8 60
890,000
325.000
86,071
9.353
99,500
fund.
STREET, NEW YORK^
BANKERS
$2,961,802 78
Checks and other cash items
Exchanges for Clearing House
Bills of other banks
Fract’l paper cur’cy, nickels & pennies.
.
Specie
Due from U. S. Treasurer,
5 per cent redemption
Borg 8c ,Co.,
DEALERS
ST.,
YORK.
$11,782,418 72
Total
State of New York,
Total
Simon
646.150 nn
9 759 50
3,447,726 39
2,182 78
2.805,265 21
7^93 97
2,487,957 80
1,063,359 36
Individual deposits subject to check..
Demand certificates of deposit
Accepted checks
Cashier’s checks outstanding
Due to other National banks
Due to State banks ana bankers
Street, New York.
RAILROAD
buyers and investors.
27
A. Brown.
W alston H. Brown 8c Bros
Broadway, New York.
We offer a
Bonds, etc*
MAURIAC, Member N. Y. Stock Exchange.
Fred.
Walston H. Brown.
Herbert P. Brown.
BONUS,
Co.,
00
200.000 00
112 823 71
National bank notes outstanding
Dividends unpaid
Exchange.
SYDNEY BISHOP.
AND
$1,000,000
A.
•
A. W.
Stocks and Bonds,
GOVERNMENTS A FOREIGN EXCHANGE.
Cbas. K. Randall.
Member N. Y. Stock
for investment.
Complete Financial Report issued weekly to
PLACE,
w
’
33,457 50
Surplus fund.
Undivided profits
Cashier’s checks outstanding
Due to other National banks
Due to State banks and bankers
Brokers in Railroad
BOXD&,
$
$11,782,418 72
LIABILITIES.
Circulars with full particulars mailed on
50 EXCHANGE
8T.f NEW YORK,
AXD
.*
Total
Capital Stock
Surplus fund
1864.
na
qf
121 bqq nn
TRANSACT A GENERAL BANKING BUSINESS
AND BUY AND SELL INVESTMENT
SECURITIES.
Have constantly on hand and for sale
WESTERN CITY AND FARM MORTGAGES,
Bearing 7 to 8 per cent interest.
WESTERN
MUNICIPAL BONDS.
application.
on
o?
1,543,285 85
Redemption fund with U. S. Treasurer (5 per cent of circulation;
Street New York,
No. 33 Nassau
IN.
QUOTATIONS IN
I Members of the N. Y. Stock
i and Mining Stock Exch’ges.
George Stark 8c Co.,
OF
SECURITIES
BROOKLYN
GAS
and Bonds,
Stocks
Railroad
AND
S~EK
JOS. C. Walcott,
Frank F. Dickinson,
SECURITIES,
GAS
Broadway.
2?
28 472 ftn
’ 45
Legal-tender notes
1)
BANKERS
MONTAGUE ST.,
208
Specialty.
iA
40
S
q’iqa %
214'kaq >*>
nickels & pennies.
Capital stock paid in
'
G. E. TAINTOR.
New York,
10, 12 Sc 14 East Bay,
NEW YORK.
STREET,
WALL
10
585 000
47 gr?,
3
Specie....
Buy and sell GOVERNMENT, MUNICIPAL and
RAILROAD Bonds.
Private telegraph wires to Providence and Boston
RICE,
"96 Wall Street,
Bills of other banks
Fract’l paper cur’cy,
TRANSACT a GENERAL
MERCHANTS IN
AND COMMISSION
Exchanges for Clearing House
40
’
$385,000 00
Banking house
BANKERS,
No.
resources.
Loans and discounts
*4ft7«4on
Overdrafts,..
U. S. bonds to secure circulation
743
U. S bonds on hand....
iqooo
Other stocks, bonds and mortgages....
225 454
Due from other national banks
180445
Due from State banks and bankers
84m
Other real estate
200,000 00—
Premiums paid
Checks and other cash items
Holt,
Taintor 8c
nS
NEW YORK, at New
No. 45 Wall Street.
[Established 1854.]
and Attorney.
Counsellor, Solicitor
DEPORT OF THE CONDITIONOF »rirS
NATIONAL BANK
York, in the State
York, at the close 6f business December 30 iojq
INCONTINENT A L
Gwynne 8c Day,
Farmer,
W.
Bank Statements.
Financial.
miscellaneous.
W.
[VOL. XXXVI.
’
ayove
above statem
^
fc
'KmfwN.cfe,
this
before me
Correct-Attest:
Certificate
JOHN T. CRANE,
wm. H. GUION,
II. W. FORD*
filed in S- •
[ ^,.^*01*,
V Director
@FedFRASER