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HUNT'S MERCHANTS' MAGAZINE,
}

=

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES

>

NEW

VOL.34

YORK, JANUARY

Financial.

Financial.

AMERICAN
Note Company,

Bank

BROADWAY, NEW YORK.

143

Bl'siness

NO. 864

14. 1882.

Founded

&

18B8.

No. 14

JOHN

ST.,

Co.,

M

POSTAQE AND KE VENUE STAMPS,
IMPORTERS OF
LBOAL TENDEIt * NATIONAL BANK NOTES
Diamonds,
Fine Rnbies, Sappliires,
of ikt VNIIED STATES and for manu Fortltn
Qovtmmentt.
and other Precious Stones,

n

llrexel

NEW YORK,

EXCLVSIVEL

Co.,

HouTB Taiso

|

St.,

"ttlladeiplila

Drexel, Harjes

BpeclHl safoRuards to prevent Caunterfettin^
yr Alterations, Special i>aper8 manufactured exduslvely for use of the Company,

Safety THnts.
Execated

Work

Safety Papers.
in

Fireproof BuildincB.

RAILWAY PRINTING A SPECIALTY
Railway Tickets of Improved

Parln.

|

Withor without Colors, and Tickets of

Kind*

all

36

LKWis H. Taylor. Jr.

H. Taylor

L.

9,000,000 Franea.

PlLix Orisar, President.

31

& Cle,1

Aug, NoTTEBoir.M (Nottebohm Frerea).
Fk.

Duams

(.Michlels Loos).
KriiKMAXN. Jr. (Job.

JOH. Dan.
Dan. Fahrmaan.)
Louis VVebkikKi]. Weber A cie.)
Jcuis Kaute.nsihaucii (C, Schmid a Cle,)

GENERAL BANKING BUSINESS.
Potter, Prest.

J. J.

Eddy,

Cashier.

Maverick National Bank,
BOSTON,
CAPITAL,

WAY. DENMARK. SWKOBN AN1> HOLLAND.
"nne Commercial and Trarelers' Credits

&

17

Sistare's
ST.,

FIRST-CLASS
Buy and

Sell

Accounts of BanlH and Banlicrs solicited.
Collections mu'ie upon favorable terms,
strictly arstrclaaa Investment Securities Nego-

Francs, In Martinique and Quadaloupe.

OF noNKY

THIS

Sons,

NEW YORK,

un Commlsalon, for cash or on marthe New York Stock

Kin, all securitiea dealt In at

Interest allowed on dally balances.
All deposits subject to check at sight.
Particular attention to orders by mall or tele-

graphy

States and

..li

Canada, and -^f Dralts drawn in the
United States on Foreign Countries.

S.

&

G.

G. C. Ward,
AOSNTB POB

KAHING BROTHERS A OOIHPANT,
S3 WALL 8TRBST. NEW YORK.
38 STATB STRKBT, BOdTOM.

J.

&

&

Co.,
J.
NASSAU STREET.
BILLS OF ixCHANGE ON
Stuart

38

PAYNE

«!niTH,

A SMITH'S,
mANGHBSTER & COUNTY BANK,
BANKERS. LONDON

;

"LIMITED;"

MANCHB8TBR, PAYABLB U) LONDOll

-.

ULSTER BANKINfl COIOPANT,
BELFAST. IKKLAND
AXD OH TH>

VATIONAL BANK OP SCOTLAND,

IN

IIWTESTinE.\T8.

AND OTHER COUNTRIES.

MAKE
COI^LECTION- OF DRAFTS drawn
auruHU uu
uiuLs in the United

Co.,

Buy and sell Government, State, Municipal and
Railroad Bonda and Stocks. Investments for Savings Banks a specialty. Correspondence solicited.

NASSAU

in

BETWEEN

BDINBURO, AND BRANCHES;
AXao.

ABLE TRAN8FRBS AND LRTTBB8 OF CBKSIT
John B. KsHnoT.
J. Kjothidt Tod.

Exchange.

$400,000
400,000

Mi;BPLtJ.<«,

,

niDDLETOVrN, CONN.,

DEALERS
P,

& Co

DAVIS.

dc

C. E, Jackson

Geo. K.

TRANSACTS
" 19A

BILLS OP EXCHANCE

OS GREAT BRITAIN AND IKKLAND, FBANCB,
GKRMANV. BKLiaUV. SWITZERLAND. NOR-

NEW YORK,

ST.,

Co.,

nAKE TELEGRAPHIC IRANSPBRS

Execute orders in all securities listed at the New
Tork Stock KzcbanKC. l"»r Sale,
Fibst-Class uailkoad 1ST Mortoaoe Bonds."
OBORGB C. WOOD. C. H. HUESTIS. I..M.SWAN

(

(Frank, Model

PINE

&

WAI.I. ST., N. v.,
BUT AND SELL

IN S1ERLIN9,

BANKERS AND BROKERS,

Otto gunthkr (Corneille-David).
Bhile i>e Uottal.

Fraxk

No. S»

CO.,

LONDON

ST..

Brown Brothers

And

BOUTH THIRD STREET,
PHILADELPHIA.

140

&

» OLD BROAD

AVAILABLE IN ANT PART OF THE WORLD.

8UCCXS90RS TO

Alfred .MAyuiNAY(Ur«ff& Maqnlnay), Vice-Pres
Vov DEu BKCICK Von der Ueclie A Marslly).
Ad.

Co.,

Deposits received sublect to check at slfirht, and
Interest allowed on diiily balances.
Stocks, Bonds, &c., bouKlit and sold on commisston
In Philadelphia and other cities.
Particular attention Kiven to information reirard

IVOOD

BOARD OF DIRECTORS
J. B.

&

No.

I

Bankers and BroKers,

Antwerp.
•

adcir

Wood, Huestis

Anversoise,

•

»

Ids investmeat Becxirltles.

Banque

Paid-Up Capital,

NASSAU STREET,

BUYS AND SELLS
State, City and County Socurltlen.
CORRESPONDBNCB SOLICITBD.

TRUSTEES:

Centrale

-po.il. receivedsuiijectto Draft. Secnrltlei. Gold,
iCjOoivht aiMl Hoit! ouCommiseioD. Interest allowed
jn Deposits. Foreign ICzchange. Commercial Credits,
able Tramf rs.
C rcolar Letters for Travelers,
iv>n*hlp in so n»rts i*f the worM.

ATTORN KVS AHD AOE77T8 OT
.Heesns. J. S, lYIORnAN

Aug. T. Post, Banker,

Styles,

A, G, Goodall, President,
Jos. W. Drexel,
James MacUunoufrh. Vice-Prest., A, V. Stout.
A. D. Shepnrd, Vice-President, T. H. Porier,
Wm. Main Smillio, Vlce-Presl., Chris. Mever,
J. T. Robertson. Vice-President, O. H. Danforth,
G. H. Stajncr, Treasurer,
P. C. Lduosbury,
Theo, U. Freeland, Secretary.

t

k Co

Honlevard Hanssmana

81

noMKSTIC AND FORBMN BANKERS.

l,ONDON, 33 HOI4BORN VIADUCT.

With

Co.,

WAL,L MTREKT,
•OHNBR OF BROAD, NKW TOKK.

BOirVS.

E.VQRAVINQ AND PRINTING
OF BANK NOTES, STATE AND RAILROAD
BONDS, SBARB CERTIFICATES. BILLS 01
BXCBANOE. DRAFTS, CHECKS, STAMPS. 4e.
IN THE FINEST AND MOST ARTISTIC STTLB
FROM !!<TEEt. PliATES,

&

Morgan

)rexel,

I>IAM:c>i>fI>S
Alfred H. Smith

1793.

Imw» al State of New Tork,
KKOHOANIitED 1879.
BXORATERS AND I'KIXTERS OF

incorporated under

Exchange.

l-'orelin

J.

S.

Kennedy

No. 63

&

Co.,

WILLIAM STRBBT,
^•«r Vork.

BRAW

BILLS ON LONDON.
BUT COIHiHKRCIAL PAPER AND BILI.S

tiated.

OF EXCHANGE.

Samuel M. Smith,
40 WAI<li STREET,

DEALER
City Rallwiir

IN

Securiiies,

£!$tock*,

Gas nnd Rank

Insurance Scrip.

ACT A8 AGKNT8 roB BANKS. BAyCKBS AMD

J. P. WINTRINGIItlM.
GAS, INSURANCE, BANK STOCKS, &o.
8ECOIUT1XS BOUGHT AT TUB AUCTION SAI.E8.
No. 36 PINE STREET,

NEW

YORK.

Raii.ruao Compamiks.

MAKE TELEGRAPHIC TRANSFERS.
Issue Commercial Credits

In

Sterling, avallatolo

throughout the World.

BUT AlfD SELL INVESTMENT aXCCBITimS.
CollMt Divldendi, Coupons and Foreign and Inland
Btkfta.

THE (JHIIONICLR
Insarance.

Foreign Exctaauge.

August Belmont
B A N-K
ITos.

iMua

19

4c

DECEMBER

21 Naasau Street,

and their correspondents.

Money

on California, Europe and Havana.

&

Co.

Mmk INSUEANCE CO,
HARTFORD, CONN.

No. 8 'Wall Street, New York,
4 Post Office Square, Boston.
CHEQUES Am) CABLE TRANSFEBS OK

nUNROE &

CASH CAPITAL

PARIS.

CO.,

NOTKS

J

.

iLHD

Reserve for Unpaid Losses

BROADWAir,

Reserve for Unpaid Losses (Inland)

NEW

3,127,422 90

$8,902,272 64
Market Value
$365,000

a

Co.,

YORK.

;

;

LONDON.
)

)

PARIS.

AMSTERDAM.

-

Loanson

Collaterals
States Currency Bonds
States 1881 Bonds (extended at 3}i)
states Bonds
States Bonds
Alabama State Bolids

United
United
United
United

6

62

BANKERS,
WUliam Street, New

Torlt.

Aooonnts and Agency of Banks, Corporations,
arms and iudlvidnals received upon favorableterms.
Dividends and interest collected and remitted.
A«t as agents for corporations in paying coupons
and dividends also as transfer agents.
Bonds, stocks and securities bought and sold on
;

oommlsslon.

Sound

railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on

Union Bank of London.

&

Kidder, Peabody

Co.,

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

New York,

FOREIGN BACKERS.
CABLE TRANSFERS, BILLfi OF EXCHANGE
AND
COHMBBOIAI. AMD TRATKLBRS' CKEDITO.

C0SRB8P0NDBNT8 :
BARING BROTHERS dc CO., London.
PERIER FRERES dc CO., PnrU.
MENDELSSOHN Sc CO., Berlin.
NBW YORkI
LONDON:

William Heath,

CSABLU

E. goiMCTtT.

Wm. Russell Wise'

William Heath

&

Co.,

BANKERS,
10 Ansel Conrt, London, Ensland.

8
6
6

...

7
6
'

!!'

Dnm

Bills of Exchange and transact a
geoeral
flnanclal commission business. ParticuUr

attention

given to American Securities.

William Heath

District Bonds, Vernon, Conn.'.'.'.'.!
School District, No. 24, Town Woodbridge, N.J '"

Montezuma, Iowa, School Bonds....
State Center, Iowa, School Bonds
Blakesburg, Iowa, School Bonds
Atlantic Dock Company Bonds

&

Co.,

61

BROAOWAT, NEW TORK.
or

Mbw To«k

stock BxcHAxca.

8

•'

7
8
6

"

8

8

C eve and PaineBville& Ash. HR.Mort. Bonds..
Cleveland & Toledo RK. General S. K. Bonds..
Oh caKo Bur ngton & Quincy RR. s. F. Bonds...
CiicagoBurllnKton&QuincyRR. Cons. Bonds..
Cb ciKio & Isorthwestein RK. First Mortgage
Bds
!!l"""5".'*"^"'''-''"«'""''nRH. S. F. Bonds. .".
Che. A Northwest. UR. Gen. Con. Gold Mort. Bds
Ch cage &Northwest.RK. Cons. S. F. Mort Bds
Ch cago Rock Island & Pacitic RR. Mort. B.inds!
Chicago* West Indiana Ri<. Mortgage Bonds.
Chicago Mil. & St. P. (C. & Mil. Div Tlat M Riii
Chic Mil. & St. P. (H. & U. Div./rr l,t M Bds'
Cincinnati Hamilton & Day. RK. Mort.
Bonds"!'
Coiiiuibus & Xenia Hit. .Mortgage Bonds....
T

7

"

7
6
7
6

"

7
7
7
7
7
7
8

Mlchiuan Soiith.RK. Keg'.'s'F'Bda'
Southern RR. Flrsl Cons «ds
itke %lZt
I'^f
I.ake
Shore t
&.-x!
Michigan
South. 'KR. 2d Cons Hd«
''
Little Miami RK. Mortgage fionds
Michigan Cenirdl KK. second .Mortgage'Sonds"
•

M

n',',''i"i.*^'i"''''!"

honds

!!

"

"

"
"
"

8

7
7
8
°

"

7
•

5

7
7
7
7-

'
'

'

Mich buuthein& N. In.ilaiui KK. Gon.
Mort Bds
Morris .t Essex KK. First Mortgage Bonds
Morris ,t E,se.x RK. Second Mortage
Bondi!'"

•

Pittsburg Ft.Wayne-&'th;i:'HR.'Frrst
Mort
Pittsburg Ft. Wayne & Ohio. RR.

Bd2

Second M. Bds!

67.000
50,000
188.000
10.000
8,070 69
108,800
4S,000
91,000
14,805
31,000
25,000
13,000
46,000
100,000
20,000
15,000
100,000
24,000
60,000
20,000
50,000
11,000
60,000
26,000
80,000
80,000
53,000
10,000
50,000
113,000
50,000
10,000
46,000
28,000
18,000
10,000
60,000
20,000
21,000
45,000
50,000
12,000
16,000
20,000
10,000
13,000
5.000
26,000
25,000
1.000
20,000
10,000
15,00i
3,000
31,000
50,000
15,000
26,000
60,000
22,000
85,000
40,000
60,000
50,000
25,000

68,842
57,250
143,350
8,100
6,0TO
114,467
53,760
101,920
15,335
22.940
27,500
13,650
48,300
125,000
27,300
15,300
120,000
25,680
64,200
22.400
59,000
le.ioo
61,000
25,600
88,000
57.500
60,950
10,200
P7,rino

25,l;00

"

6
S

tc

"
"
"
"
"

7
7

Mortgage Bonds
.'J,?''?.'"''^
Chicago KR,
& ,^;"""'
F rst S. F. Mortgage Bonds
"™ M'™e» «K. First Sortflage
BoSds
I'^.i'^'ih*

Bonds

"

73-10"
"
8

B
B

'"'•

Quarterly

Semi annual
"

8

Housatonic (Rolling Stock Certiticates) ... !!!!!'
Indianapolis ACincinnat IRK. Mortgage Bonds

.

"

"

4 10"

8

Dayton * Western RR. Mortgage Bonds
De aware & Ifud.son Canal Co. jMortgage
Del. & Hud. Canal Co. (Penn. Uiv.) Mort.Bonds.
Bonds

Uar em River & Port Chester KK. 1st Mort. Bdl!
Harlem River & Port Chester RR. 1st Mort.
Bds
Housatonie KR. First Mortgage B.,nd8

"

"

7
e
7
8

5

BANKERS AND BROKERS,

Mnmu

"

6

'Second Mort. Bonds
Krie llailroad Bonds ..
rl23'S"',-F.i""!^f'"!!"°'*P-'f'"-8-P-PlrstM!Bds
C ev. Col an. & Ind aniip. KK. 1st Cons. M. Bds.

?;,' ''^'li'M'ment

"

5

§."!"'"i'';i'°°'*li'*-

Shore

"I

7

'"7

West School

J>a|ie

7
7
6

73-10"
"
8

,

KR.;.Mortgage

"

7
'

City Bonds
Providence, R. I., City Bonds
'" "
East Saginaw, Mich., CUT Bonds .. ..
Tltusvine, Pa., City, School and Water Bonds!!!'.
Titusville, Pa., City Bonds
Corry, Pa.. City Bonds
".''
Toledo, Ohio, City Special Bonds
Tuledo, Ohio, City Water Bonds....;.!!!!.
"
Rochester, N. Y., City Bonds
Oswetio, N. Y., City Bonds

Lake shore

Annual
Semi-annual

6

J.,

•iSnlrS
.lollet

Annual
Semi-annual

8
7
6

Montreal.Canada, Corporation Stock
Montreal, Canada, Corporation Bonds
Newark, N. J., City Bonds
New Brunswick, N.J. City Bonds
New York City Stock

5
i

"

6

Hartford, Conn.. City Bonds...
Indianapolis, Ind.. City Bonds '. '.M!. .".'.'.'.'.'!"'"
Ironton, Ohio, Oity Bonds
'"'
Jer8eyCity,N. J. City Bonds
Lockport, N. Y., City Bonds

K,','i?']''
Buffalo

"

7

,

Rahway, N.

Semi-annual

6
6
6
6
9
6

t-tate

.

Co.,

"
"

6

Hudton County,

"

&

Int. $100,000

Quarterly

8
6
6

State Bonds
Rhode Island State Bonds
South Carolina State Bonds (Consolidated)

Bonds
N. J, Bonds
Barkhamsted, Conn.. Town Bonds
Hartford, Conn, Town Bonds
Norwich, Conn., Town Bonds
Norfolk, Conn., Town Bonds
Danbnry, Conn., Town Bonds
Pawl uckeL, R.I. Town Bonds
Windsor Locks, Conn., Town Bonds
Middletown, onn.,Town Bonds
Bloomington.Ul., City Bonds
Boston, Mass., City Bonds
Brooklyn, N. Y., City Bonds
BufTnlo.N.Y., City Bonds
Cleveland, Ohio, City Bonds
Cleveland, Ohio, City Bonds
Cincinnati, Ohio, City Water Bonds
Chicago, HI., City Bonds
'""'"
ChlcaKO,
111., City Water Bonds.
~
Detroit, Mich., City Bonds ..

Semi-annual

4

Canada Dominion Stock
Cennectiout State Bonds

Tennessee

p.c.

S

4^

..

New Hampshire

&

Jesup, Paton

1,181,789 08
301,069 23
75,572
51,050
128,500

Loans on Bond and .Mortgage

Issne Circular Notes and Letters of Credit for
Travelers also. Commercial Credits, available In all
parts of the world. Negotiate first-cla^s Railway,
City and State Loans make telegraphic transfers
of money and draw Exchange on

-

51,757 32

Real Estate unincumbered
Cash on hand and in Bank

COR. OF CEDAR,

MORTON, ROSE & CO
HOTTINQUBR & CO
CREDIT LYONNAIS
AM8TEKDAMSCHB BANK,

19,345 80

.

Gross amount in the hands of Agents and In transit

YORK.

Bliss
ST.,

165,700 00

AS FOLLOWS:

Payable n any part of Europe, Asia, Africa, Australia and America.
Draw Bills of Exchange and make telegraphic
transfers of money on Europe and California.

35 NASSAU

13.032 48

(Fire)

TOTAL ASSETS.

Issne Letters of Credit for TraTelers,

Morton,

$4,000,000 00
1,525,014 14

AH otber Claims
NET SURPLUS

CSSDITt rOB TBAVXI,SBS.

BANEEBS,
NEW

(Fire)

Reserve for Re-Insurance (Inland)...

& W. Seligman & Co.,
No. 94

.

Reserve for Ee-Iiisurance

•TKRLINS CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS Sc CO., LONDON.
i:iVOULAB

1S§1

OF THE

Also Commercial Credits and Transfers of

John MUNROE

31§t,

parts of the

all

MESSRS. DE ROTHSCHILD

No.

SIXTY-SECOND ANNUAL STATEMENT;

Co.,

6c

ER 8,

TrsTelers' Credits, available In
world, throuKh the

XXXIV.

[Vol.

'

25,000
50.000
50.000
18,000
26,000
20,000
50.000
25,000
80,000
25,000
100,000
50,000
50,000
26,000
25,000
25,000
IS.OOO
40.000
10,000
12,000
8,000
40,000
72,000
50,000
10,000
25.000
26,000
21,000
25,000
60,000
75,000
176,000
10,000
25,000
75,000
72,000

.

122.040
60,000
10,500
48,300
28.750
13,390
10.300
57,500
22,000
28,100
15,750
59,000
12,600
15,750
20,000
10,000
14,560
5,600
29.500
27,500
1,080
21,000
10.200
15.000
3,000
31,930
63,000
18,750
31.250
76,000
26,300
93,600
42,800
65,000
55,000
27,250
30,750
32,500
84.000
62,600
22,500
29,500
21.200
65,000
26,260
35,400
31,750
125,000
58,000
6,^000
25,800
27,600
27,250
18,360
42,000
12,400
12,000
10,400
49,200
72,000
82,500
10,600
28,000
27,000
28,400
29,600
62,600
81,750
839,760
13,000
32,280
105,000
97,200

50

69
60

25

JAiroABT

THE CHRONICLE.

14, 1882.J

Intnrance.

FinaBclai.
Par Valm.

Ft. Wayne A Chin. RR. Third M. Bonda
p. c.
Pilt»b. Kt. Wurno,t (')ili'. Kit. Kiiulpment Unndi
Johnabury li I.»ko CliiiiiivliLln UU. 1st M. llda.
VoriBOnt Vulloy Kullruntl Hon,!..*
Atlantlu Mutirnl InHUraumi Cuiupauy Sorlp
04) shares ('oimootjaiit RWer C^m^iipr Stock
Stlo
A banj & Suaquebanna llailrosd "ComiNUij Stock
"
rontrmlUlilo
144
"
**
Cloroland & Plttsburff
inon
"
"
Conneottoul Itlver
I7»

PItUburg

Baisl-aiinaal Int

40,000
40,000
90,000
80.000
87,800
8,000
60,000

8t.

I

"
"

Dubuque *8li>uz CUT

leo

Jollet AChioniio

100
138
1000

WK)

"
'

"
"
I'liiuburu Ki. Wiiyno A Chlo.
"
Now York A lltirlt'Di
"
Ashuclot
Now Britiiln Niitliiniil Bank Stock, Now Britain, Conn.
Albany, N. Y.
Klr!(t Nutlonii: lliink
Philadelphia, Pn
Kiirmers' & Muchanlos* Nnt. Bk. "
"

TOO
800

**

*•

lOO
100

87

«M

MorohimtiH' Hanh
MoruluintH' Niitlonal Bank
Mochimlor*' National Bank
.Ktna National Hank

MO
*00
aoo
846
son

Bank
Chart or Oak National Htmk
City National Hank
Connecticut Klvor Banking Co.
National Kxcliun.e Bank
Anit>ri<;an .National

ISO

BSD

8t. liOuls,

"
"
"

Mo

aoo

Ml

887
aso

Hartford, Conn..

**

"
"
"

100

WK)
100

300
400
100
TOO
IHO
1800

"
"
"
"
"
"

"
"

9f77

Phenix National Bank

Nassau Bank

Now York City..

"

Banlt of N.Y*. Nnt. Bank's Ass'n "
"
Bank of North America

"

"

"

"
Peoples Hank
National Bank of the Republic "

800
ISO

Union

3S4
IBO
100
100
100

Aocmed

"

Bank
N.Y. Life Insurance ATrust Co. "
United States Trust Company **
"
Union Trust Company
'*
Central Trust Company
.National

15,000
48,440

ST.,

MEMBRIIS

J.

Win. B. CIiARK,

GOOSNOW,

N.

V STOCK

strtetly oomnilaslon business
purchase and sale of Htooks and
or for InToatment.

KXOUANOB.

oundooted In the
Bund, on Marcta

Complete Financial Report Issued weeklr to onr
oorrespoodenu

&

Hatch
BANKEKN,

No.

Foote,
WALL STREKT,

lit

SUT ARS BSLL

.OVBRNMKNT BONDS, STOCKS AND MI80BL.
LANEOU8 SKCURITIBB.

8.2.'50

et,4,'M

Lansdale

142244
27,."i00

'jX),om
0,750
26,000
75,000
13,800
78.000
27,000
14,000
48,600
8,000
43,800

67,660
20,000
38,780
14,700
8,872 40
7,500
21.000
27,435

-0KFICK8—
SO BROADWAY, NEW
Hall Buildinq, Tkov, n.

No.

All seouritiei. dealt in at the N. y. Stock Excbanse
bouKiit. and sold on conmiiMslon and carried on a fair

marrln.

Interest allowed on credit bainneea.

Howard

Lapsi.et,

D.

Wii.lasd,

8.

Members N. Y. Stock Exohiinge.

Howard

&

Lapsley

Co.,

BANKERS AND BROKERS,

No.

WALL STREKT,

5

New

York.

&

Miller, Francis

Co.,

BANKERS AND BROKERS,

Secretary.

48

Assistant Secretary.

YOKK,
y..

Connected by Private Wire.

6.1,000

42,500
20,000
20.000
2,450 41

Boardman,

STOCK BROKCR,

»1,400
166,770

$8,902,272 64

President.

W TUB

A

111,000

42A'i0

TOTAL ASSETS OF THE OOXPAirr

HENDEE,

1864.

Coleman Benedict & Co.
No. 24 BROAD
NEW YORK,
STOCKS ANI> BUNDS,

ti,2.V>

21,000

Interest,

I>. jr.

400

2(1,000

IM.flOO

'*

886
900
877
800

61.000
108,000
170,000
100 JWO
61,860
11,000
13.000
10,720
2»,700

20,000
7,800
27,800
48,100
20,000
OS, 100
82,700
28,000
40,000
7,800
10,000
00,000
10,000
80,000
20,000
10,000
36,000
8,000
30,000
30,800
20,000
27,700
14,000
6,640
8,000
18,000
17,700
15,000
10,000
10,000
10,000

"

Bank

Mtato

Atuerican Ezotaanse Nat'l Bk.
Nat. Butchers* A Drovera* Bk.
National City Bank
National Bank of Comtnerce
Hanover National Bank
Importer'.^ Tradora" .Nat. Bk.
Hank 01 tho .Manhattan Co
Market National Batik
Merchants' National Hank
Merchants' Kxchaneo Nat. Bk.
.Mechanics' National Bank
Motropolitan National Bank

400
300

7.1100

6,000
8,000
80.000
20,000
10,000

Kariners'A Meohanios' Nat. Bk. "
"
First National Hank
Hartford National Baik
'*
Ptnuni.x National Bank

481

l,'l,000

28,0(XI

.

BO
BO

1,000

68,000
8,600
67,000
88,000
21,860

80,000
17,800
88.000
10,000
18,800
80,000
no,noo
100,000
78.000
28,000
10,000
10,000
6,700

**

1000

OOJMO
68,000
87,800

7J«)()

" Preferred "
Keokuk A Utta Molnea
"
MurrU & Ksaoz
"
New York Central & Hud. RIT. "
"
"
N. Y. Now Huron A Ilnrtford

BHTABLIHHSD

JfarlwC Vahte
68,000
49,080

WALL

NEW YORK.

STREET,

CHAS.A. MILLBB. JA8. FBANC18. EDWIN J. HANKS.

JAME8

ALEXANDER,

A.

Foreign Exchange.

&

Financial.

Ruckgaber,

BANKERS.
an William

Street,

York.

COKRESPOSDSNTS OF THE

Bank

InternatlonRl

of

London

(Iiimited}.

Loudon.

Memra. John Berenbenr, Goesler
llaniburs.
Commercial and Trarelers' Credits,
cbange.

H.

J.

& Co.i

Bills of

Sz-

Cable Transfers.

60ADBT &

B. E.
JOINT AGI5NTS

HilmerSjMcGowan & Co
BROKERS IN

New

WALKER,

Foreign Exchange, Stocks and Bonds,
«3 traU street. New York.
Special attention paid to orders at the New York
Stock Kxchanee and New York Minlns Board.

The Brooklyn Trust Co.
Cor.of MontaKae&ClintenBt8.,Brooklrii, N. Y.

This Company

Canadian Banic of Commerce,
16 EXCHANGE PLACE,
BUY AND 8KLI> STERLING KXCHANOB, CABLE
TUAN8FKKS, KTC.

188UB COMMERCIAL CREDITS, AVAILABLE
IN ALL PARTS OK THE WORLD.

Is authorized by special charter to
act H.S necelver, trustee, guardian, executor, or administrator.
It can act us affcnt in tlie sale or raanaKement of
real estate, coileut interest or dividendB, receive
reKlstry and triinsfer boults, or make purchase and
sale of Government and otlier securities.
RcliKious and charitable institutions, and persons
unaccustomed to the transaction of business, will

Qnd
for

tills

Company a

money.

safe and convenient depository
UIPI^KV K\i.r|-ac?,
KOI'KS, iriuBiutiiib.
President.

&

'

MARVIN.
TRUSTEES:

BANKERS,
29 William

St., eor.

NHW

Excliaiieo Place,

YORK.

Make TelOKraphlo Money Transfers.
Draw Bills of Kzchango and Issue
Credit on

ali principal cities

SPEtHAi.

Letters of

of Europe.

PARTNER.

a. JiATHAM.

J.

H. Latham

T

F.

W. PIBBT.

&

Co.,

UNITED BANK BUILDINO,
2 WALL STREKT.

IIVVESTMEXT
Oity,

Vloe-Pres't.

Kendall, Ilcnry Sunxer, Alex. MoCue,
John P. Rolfe,
Clias. R.Miirvin. A. A. Low.
E. K. Knowlton, Abm. B.Ba;lis, Henry K.Sheldon,
U. B. Pierreppnt. Dttn'iChauncey, John T. .Martin,
Alex. M. White, Joshih o. Low, Kipley Ropes,
Austin Corbin. Edmund W. Corlies.
WM. R. BUNKER. Secretary.

A. H. Brown

DBIJTSCHI. BANK, Berlin.
J.

R.

Wm. B.

Lichtenstein,

SECURITIES,

Baitroad <f- Miseellanemis Stocks and Bond*

FOREIGN KXOHANGK.
R.T.Wilson

&

Co.,

ANKERS AND COMMISSION MERCHANTS
% Bxcbauxe Court,

New

V«rlL.

^o. 13

WALL

8TREET,

NEW YORK.

(oLLij^s.pouDEj^ 3jEpn^s.
25 f iNe

§T.

-

f^eu)Y0RK>

Purchase and sell en Commission OOVBRMMBNT
and RAILROAD BONDS and STOCKS, and all
classes of Securities dealt in at the NEW YORK

STOCK BXCUANGE,

or

all

reputable Securities

bought and sold In the OPEN MARK1CT. LOANS
and COMMERCIAL PAPER negotiated. Interest
paid on DBP08ITB, subject to check.

Scioto Railroad 1st

7s,

190S.

Scioto Railroad 2d

7s,

1879.

ixifi JJJ3 I

CUAS.

Knoblauch

EKNEST OROE8BBCK,
ORAlTr B. SCHLXT,
Members N. Y. Stock Kxduuuia

Groesbeck & Schley,
BROKERS,

COBTLANDT STREET, NEW YORK.

NO. 2

Schulz

Agrent,

&

Co.,

BANKJSnS AND BROKERS,
St., Oor. New, New ¥ork.
INVB8T.MBNT SECURITIES.

Scioto Railroad Con.

WKSTBRN

UNION TBI.EGRAPH

COMPANY, New York, Deo. 14. 1881.
DIVIDEND No. 58.
The Board of Directors hare declared a quarterly
dividend of One and One Half Per Cent upon
the capital stock of this company, from the net reTenues of the three months ending Deo. 81st Inst,
payable at the office of the Treasurer, on and after
the 16th day of Janary next, to shareholders of
record on the 80th day of December Instant.
The transfer books will be closed at three o'clock
on the afternoon of the 20th of December Inst.,
and re-opened on the mornlOK of the I7th of Jaauary
Hi H, BOCUBSTUBiTreaaarer.
next.

1919.

Scioto Railroad Stock.

Columbus
Tol. CIn.

Sc

Tol.

& St.

D. A.

Wall

Special attention to baalneaa of conntrr banks.

78,

1..

IH

7s,

Stock

&.

1910.

Bonds.

EASTON,

BOODY, McLELLAN &

CO., Banker* and
Members N.Y. Stock Exclianirc, 58 Broadway.

With

Albert E. Hachfield,
IT

NASSAU STREET,

Deal* In Inventment Seearlttea aad
Bonda Generally.

WANTED
Indianapolis

A

Louis lata.
Toledo lata.

t

9t.

Golnmbus &
Joliet A Northern lata.
Richmond i, Fort Wayne Btook.
CluoUuiaU Uamllten X Dayton Bond*'
Cincinnati

;

:

THK CHRONICLE.
M^

SOUTH CAROLINA RAILRO.\D

ANT E D

TO P0RCHA8H ALL CLASSES OF BONDS
OF TBI
Pltnbarc and Allecheny. Pa., and
Cauntj ol AIIPKtaeiir> PiB. HlLLi &. CO., Broken,

Oltlea of

GEO.

PITTSBUKU, PA.

T ITTliE ROCK

»1IS>I«SIPPI BIT.
« TEXAS RAILWAY SECURITIES,
Keokuk A Nortliweet R'way geouritles,
Bank Stocks and R'way securities,

8t. Lonlii

Conneoticnt

and otber unlisted investment securities deal t in.

8A9IUEL. B. BARROWi^,
38 BROAD STREET.

H«»I,DERS OF BONDS IS8UKD BY THK COUNTF OK GALVKSTON,
In the State of Texas, tn aid of the Gulf Colorado &

NOTICE TO

Santa Fe Rallwaj Company
In pursuance of the rlpht reserred by the County
of GalTeston tn the above-mentioned bonds to redeem the same at expiration of any year after the
fifth year from the date of the issuance thersof the
ho)der.4 of any of said bonds numbered Irom one to
three hundred and fifty InoluslTe are hereby notified to present the same for payment on the following dayst, 10 wit
Bonds No.
l-200incl., on July 1, 1882.
Bonds N". 201-260 Incl.. on ctober 1. 1882.
Bonds No. SSl-SOO inol., on October 15. 1882.
Bonds No. 301-350 incl., on December 15, 1882.
And notice Is giyen that interest will cease to accrue on any of said bonds bearing the above-meutloned numbers on and after the respeotlye dates
fixed for their payment.
By order of the County Commissioners* Court of
Galveston County, State of Ti xas.
:

,

'

WILLIAM

T.

AUSTIN,

NOTICE TO BONDHOLDERS

New

York, Jan.

New York. Jan

MINING COMPANY,

York, Jan.

and IINTKREST DIVIDKNI) NO. 2, 2 PER CENT,
upon (he SECO.SD PREFERKKD INCOME AND

SINKING FUND DEBENTURES,

will be paid to

STREET,

NEW

9, 1882.

/
'

10th instant, the following-named gentlemen
elected to serve for the ensuing year

wee

DiRi-CTORS.

EDMUND D. RANDOLPH,
JOHN T. AGNBW,
HENRY M. TABER,

BBOADWAT, NEW YORK, Dec. SI, 1881
The Richmond 4 Weet Point Terminal Hallway
145

a.

Warehouse Company having given

to the stockholders of record on the books of the
company on
Jauaary 10, 1882, the privilege of subscribing
on or
before January 16. 1882, a( p'7r,to the
Increased
took of the company (»2,«00,000) to the extent
of
two-ihlrds of their hoidiUK on Janury
10. 1882, in
accordance with circular dated December
30, 1861,
the books of the company will be
cli>8ed at the
Union Trust Company of New York, the
transfer
•geot, at 8 o'clock P.M. January 13,
and reopened
a* •o'clock A. M. January 16. 1882
to subscribe wlli give no"'"'W
ti2«'.^.^«'
«c.^.Uhe„fl,ceofjhe^^„^,»^,«^^^^^

,S^\,'n'^L'??,f,"r.^'^^^
nesday, Kebrnar, l.iasil, ,tockh,^deri
if'reco^d

'"«

r

(sl

'v;^!"£iiVTl;'"''"''

Treasurer.

QFPICB OF THB HOMBSTAKK

yMININO COMPANY.
Tom,

January

No. 18 Wali, St

New

12. 1882.

DIVIDEND

No. 41.
The Re«ul«- Monthly Dividend of
Thirty Cents
per share has been declared for
December oavabio
at the o«c of the transfer
agents, WeU, 'fX^*
Co.. 06 Broadway, on the 26th
instant.
Transfer books close on the 20th
insUnt
H. B. PAB80N8, Assistant
8a<i«tary.

'

mile.

For the bonds and for information apply to

BOODT, McLELLAN & CO.,
68 BROADWAY. NEW YORK.

NEW YORK LACKAWANNA & WESTERN RAILWAY COMPANY

Interest payable semi-annually upon the first
days of JANUAR Y and JULY.
This road forms with the
claware Lackawanna
& Western Railroad a direct through line from

NEW

Cashier!

YORK, January 10, 1882.— At the Annual Ileotion by the Stockhollers of this Bank, held this day

James A. Roosevelt.

Rob't Lenox Kennedy,

Robert Goelet,
George G. Williams.
At a meetiag of the Board, held subsequently,

GEO.

O.

WILLIAMS.

Esq.,

was unanimously

re-

elected President.

WM. J. QinrrLAN. jr., cashier.

NATIONAL BANK.
MARINE
L St.. NEW Yohk,
78 & 80 W

Jan 18
At the annual election held at the banking 1KS2
house
on'l-uesday. lanuary 10 1882. the foUowlng^-named
gentlemen were eLcted to be Directors of
this
""°
bank for tl-e ensuing year:
JA.VIKS W. EL WELL.
,

1

JAMKS D. FISH,
PETER D. COI.ilNS.
HENRY BARROW,
J. NELSON TAPPiiN
AMBROSE S\OW.
JOHN N. QUIRK,
JOSKPH W YA-TES
CAHSTEN SIKRCK.
.lOHN T. WILSON.
JAMBS R. SMITH.
AMASA H. SCOVILLB
HENRY J. CULLFN,
FERUINAND WARl/JR

"ofMORRIS.
Flection IRM

STREET.

V O

KK

Bulldliig,,
.

Issued for the use of travelers in
all parts of the world.
Bills drawn on the Union Bank of London
Telegraphic transfers made to London and to
various places in tlie United States.
Deposits received subject to check itt ^ii; ht. and interest allowed on balances.
Govtttnment and other bonds and investment seCurities bought wnd sold on conimlsi.ion.

Car Trust Bonds.
WE MAKE A

SPECIALTY OF THESE VBR\
SAFE SECURITIES. AND BUY AND SELL SAMK

AT MARKET PRICE.
WE OFFER ALHUTED AMOUNT OF DESIRABLE CAR TRUST ISSUES. ADDITIONALLY
SECLRBD BY THE DIRECT OBLIGATION OF
THB RAILWAY EQUIP.VIENT COMPANY.

mAKTlM &

POST,

CO.,

PINE STREET.

C.

Chew,

J.
WALL STREET, NEW YORK.
TEXAS RAILAVAYS,
No.

7

BONDS, LANDS, &c.
Desirable Texas Securities for Investment constantly on hand

'

'

Vice-Pre.ldent

^JOHN

THB

'^'^"'"'e"'.

Md

D^SH. Cashier,

"«HJ'*/T!,lY%V5^Sv^1-^oI(^^^~'"'r
A T^ THE AN\''^A^i:"lWg"T"l%'''bTT,
F
,

r'.'A"/^ s.'??i°E7i/'>'<'

-SSr

CHARLES P. BIIrAeTT
CUAS.
P.

CO.,

WALL

LETTERS OF tlREDIT AND
CIRCULAR NOTES

:^4

JOSEPH S.
R*NSOM B. BUR(J?SS
HINMAn'
"•
SILAS FISH.
At a meeting of the Board of Dire<<fnr. i,„i.. ....
day.,IAMBS D. FISH was re-elected PrJ.i,?o®'.'' ""5

AMBROSE SNOW,

f.Ss^'/s.fssf.'""'

Six Per

Kountze Brothers,

^HEMICAL NATIONAL BANK, NEW

Bro°;,'Sf%'L";''KT.t''k'e'?;'rrS!rte''k'„\«,7^i-fr'sj

^o«.d on Tuesday Januarri?,
18a,l°'Iliree
"'

9400 of the Company's Se'ond Mortgage
ent Income Bonds, ^ecured upon the sauie
property and issued at the rate of only $7,000 per
ment,

52

At a subsequent nioeting of the Directors

.......
And
to be Inspect' t-^

SUK ""^iV

at that price, will be given, with.mtadditionnl pay.

EDBANKERS,
MUND D. RANDOLPH was unanimously re-elected
President and JOHN T. AGNBW Vice-President
130 Broadway (Equitable
FREDERIC TAYLOR.

•'°"N

pVef..'^''d

Issued at the rate of $18,000 per mile and secured
upon both the Railroad and Land Grant.

MOSES TAYLOR &

Al.KX. McL AGNBW,
PETER M. BRYSON.
WILLIAM kb:van.

S^Af?,'.^?.A^V»^J?.,^^ANCISCORA^^^^^^
Firn

COMPANY'S
Mortgage Thirty- Year Six Per Cent
Land Grant Gold Bonds.

First

INSPECTOHS OF ELECTION.

Frederic W.Stevens.

"PIOHMOND
& WEST POINT TERIHI v al
^*'
RAILWAY t WAREHOUSE CO.,

Duluth ScWinnipeg RR.

FOR SALE BY

s?roTt;r^'id"'i.Tb?uVrfnik't'

"'^^^S' ^""'""r-

COUNTRY BANKERS.

The Mortgage is a flrst lien upon the equipment
as well as upon the Road.

at their banking house, the following-named gentlemen were elected Directors for the ensuing year:

N.W YORK, Jan^ilt,^;'^''

Pergonal attention given at the BXCHANOK8 to
tne purchase and sale of SlOCKSand BONDS for
cash or on msrifln.
DI<:POSlTSRECBlVED-subject to check at sight
—with interest upon ba'ances.
Special attention paid to INVESTMENTS and

NEW YORK TO BUFFALO.

C.C.BALDWIN,
H. H. BAXTER,
THOMAS W. EVANS,
FRKD. TAYLOR,
HORACE PORTER.
WM TURNBULL,
WM. R. PRBVrON,
W. D. MORtlAN,
GEORGE C. CLARK.

the roKistered holders thereof on and after the Ist
day of February next, at the agency of the company. No. 11 Pine Street, in the city of New York
Tlie transfer books of the flrst and
second De-

"'"""^ '-*»»' --^

BRANCH offices!.122 /?,'' "'','' Jl*'?***' ^.:'^'I'ZhG Chapel St., New Haven

I

CHARLES H. MARSHALL,

be

I

14

FIRST mOR'l GAGE SIX PER CENT
'ONTIXENTAL NATIONAL BANkTI^w
BONDS OF 1921.
York, January 11, 1882.— At an election held

o'clock

CO.

Sons,

BANKERS,
NASSAU STREET, NEW YORK.

H. B. PARSONS, Secretary.

this office.

INTBRBST DIVIDENO NO. 4,
Sa PER EN r, upon the FIRST PRB;FBRUED
INCOME AND SINKING FUND DEBE.NTURBS

WALL

DIVIDEND No. 14.
dividend of Thirty Thousand Dollars, being
Cents
per
share, has been declared for DeFifteen
cember, payable at the office of the Transfer Agents,
Wells. Fargo 4 Co.. 66 Broadway, on the 20th Inst.
Transfer books close on the 14th Inst.

day declared a quarterly dividend of TWO PEK
its capital stock, payable on vv BDNBSDAV, the FIRST day of FEBRUARY next, at

UOBILE &. OHIO RAILROAD

18

A

CENT upon

"*

St.

TAINTOR & HOLT.

OFFICE OF THE DEADWOOD-TERRA

)

re-opened on the morning of Saturday, the 4th day
of February ne.xt.
E. D. WORCESTER. Treasurer.

1882.

7,

be paid at our ofBce. No. 10 Wal'

15, 1882, will

80CTHKKN RAILWAY COMPANY.

will

.

P. Batch.

Arthur M. Hatch.

FOR SALE AT 102>^ AND ACCRUED INTEREST.
riENTRAL lOWARAILW-lY COMPANY' CW With each
First Mortgage Bond, purchased
V>Coupons of First Mortgage Bonds, due January

Tkxasureu's office, Gra.vdCe.vtkal Depot,
NEW VOEK, December 23, 1881. t
The Board of Directors of this Company liave this

The Transfer Books will be closed at 3
M. on Saturday, the Slst instant, and

& NASHVILLE RAIL-

Benry

W. T. Hatch &

acc'untsof

ROAD COMPANY declared this day a semi-annual
dividend of THRi'.E PERCENT upon the stock of
the Company, payable on and afier the TENTH
DAY OF FEBRUARY. Dividends on stock registered in New York will be paid at the olHce of the
Company, .No. 62 Wall Btreet. The transfer books
will be closed on the 14th day of January and reopened on the 13th day of February.
C. C. BALDWIN. President.

29, 1881.

P.

:

9, 1882.

NOTICE
THK LOUISVILLE

LAKE SHORE & MICHIGAN

HE

I
I

Walter T. Batch.
Nath'l W. T. Hatch.

CO.

Notice is hereby given to holders of the flrst mortgage domestic 7 per cent bonds of the South 'larollna Railroad Company, now due. that the principal
of the same will be paid on presentation at the
office of the South Carolina Hallway Company, No.
76 Wall Street, New York City, with interest as
accrued, ar,d that interest on the >ame will cease
from and af»er the 1st day of February, 1882.
Holders of said bonds are also hereby informed
that the privilege is offered to them, up to Feb. 1,
nto the new
18*^2, of exchanging the said bon(;s
crn.olidated 40-year flrst mortgagee per cent bonds
of the South Carolina Railway Company, par for
par. interest to be adjusted to date of exchange.
JOHN H. FISHER.
President South Carolina Railway Company.

County Judge of Galveston County.
Oalveston. Dec.

Financiai.

Financial.

Financial.

XXXIV.

[Vol.

^'

J A il ks i.*y i'^'''*^*^^,

HUNT1N°TOn: LKwfS a- ?A*n9?,'vl

Spencer Ti-atk
Geo. F. Peabody.

Fred. B. Noyes.

Trask & Co.,
BANKEMS AND BROKERS,

Spencer

70 Broadway,

New York

City.

Transact a general Banking Business
Stocks Bought and Sold on Margins.
Interest allowed

on Deposits.

Branch Offices,

EM A N C EL kll M A N
CH A iirVu*!.-, ^J JOHN
WILLIAM T. MOOHE,
i"aac WAl ^*'^"'
Iri'"
GEORGE W.PBKKIN8

Philadelphia, 132 S. Third

St., C.

da^!£r'"?ri:',5&S'E"\^.''SS{^9^i^°".';eldth,s
'^*'"'^"^» was unanimously

Albany, N.Y., Maiden Lane,

W. A. Graves.

'

1

i

re-elected President.

WM.

P. ST.

JOHN,

Cashier.

Connected by Private Wires,

Saratoga, N.

Y„ Grand

Union

F. Fox.

HoW.

—

mmtlt
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
fRntered, aooordlng to act of Congress, tn the year 1882, by

VOL.

B.

Dana

4: Co.. In

ONTE NTS.
THE

The
Tho

Financial Situation
Ciovenior'8 Message and
IX'iiianil Ijoana
Moroantilo Kalliircs for 1S81..
Railroad Karnliigs In Decernbor, and from January 1 to

December 31
Complications

in

Europe

CHBONICI^E.
41 Imports and Kxports for Norember, and for the Five
and Eleven Months Ended
49
November 30, 1881
Monetary and Commercial
49
English News
46 Commercial and tUaceUaneoua
52
News
48

Honey Market. Foreign Exchange. U.S. Securities, State
and Kailroad Bonds and
Stocks
Bange in Prices at the N. Y.
Stook Exchange

Ketums

53

Ooramerclal Epitome
Cotton

63

67

Investments, and State, City
and Corporation Finances...

54
I

58

TIMES.
OS
69

Breadstufta

eslOryOooda

toith the latest

news up

Entered at the Post Oflice, New Yerk. N.

to

is

issued every Satur-

Y., as socond-claas

IN

mail matter.]

ADVANCE:

For One Year (Including postage)
ForBlzMontbs
do
Annual subscription in London (inclndlng postage)
Sixmos.
do
do
do

$10

20.

6 10.

£2

abundant offerings, carried prices
and the street can congratulate
itself that we have got back and put away some good
securities at moderate prices.
has, in spite

cents.

cover

latest

is

is

upward

;

mail advices from London give interesting

details of the condition of affairs there at the close of the

year which led to this unloading of American stocks upon
our market. The.end of 1881 found the Bank of England

with £20,316,994 bullion and only £10,556, 124 of reserve
fonner the lowest of the year and the latter very

the

near the

minimum

—

with a drain of bullion to the
Egypt, to South America and only faint
hopes entertained that supplies might come from France
to

by the Bank

of France.

The next settlement day was

with apprehension, and rates for " continuation" were as high as 15 per cent.
At the same time
looked forward

to

Vienna and Paris took a downward
&nd even the French rente, Suez Canal and Union
Generale shares, which had hitherto formed exceptions to

turn,

1 Ss.

furnished at 50 cents; postage on the same
Volumes bound for subscribers at $1 00.
tile

of the

the speculation at

7s.

Subscriptions will be continued until ordered stopped by a tcriiten
order, or at the publication office. The Publishers cannot be responsible
tor Komittauces unless made by Drafts or Post-Ofiice Money Orders.

neat

864.

in the possible event of a reduction of the rate of discount

midnight of Friday.

TERMS OF SUBSCRIPTiON-PAYABLE

A

NO

1882.

14,

pretty steadily

Continent,

^hje ©Ixrcruicic*
Thb Omm^cial ahd Financial Cuboniclb

the Ubrarlan of Congreaa, Washington, D. C.|

working decided improvement in tone
and price here, the absorption of such an unusual supply
might have proved troublesome: As it was, the demand

The

Qaotationsof Stocks and Bonds 55
New York Local Seourities
.56
Kailroad Earning and Bank

THE COMMERCIAL

f

»fflce of

special stimulus

THE BANKERS' GAZETTE.

day morning,

the

SATURDAY, JANUARY

34.

C

Political

Wm.

18

lilTerpooI OSce.

The olBco

of the Ohkonicle in Liverpool i« at No. 5 Brown's BuildInns, -where subscriptions and advertisements will be tckeu at the
regular rates, aud single copies of the paper supplied at Is. each.
WU.UAM B. UAKA. )
WILLIAM B. DANA & 00., Publishers,
iOttS O. rLOTD.
79 at 81 William Street,
1
YORK.

NEW

Post Okfick Box 958.

THE FINANCIAL SITUATION.
The new year has opened very favorably, so far as all
economic conditions are concerned. Capital abundant,

the general decline, were unfavorably influenced, and
some of the Paris journals were sharply criticising the
action of the Bank in accnmulating gold in its vaults and

keeping the rate of discount at

and in addition to
affairs, there was a

5

per cent.

Furthermore,

this strained condition of
little

uneasiness

felt

monetary

with regard to

on the Continent, while on top of it
came the news from America that prices here were
falling rapidly, and the situation may well have caused
political complications

all

anxiety in London.

It is therefore not surprising that when it was seen,
upon the opening of the new year, that our market did
profitable, exchanges active, railroad earnings unprecenot recover but was still further depressed, the foreign
dented are conditions not only conducive to prosperity, holders of American stocks should manifest
a disposition
but also broadly indicative of it. They form likewise, to sell and, unable to find a satisfactory market
at home,

individual indebtedness small, production enlarged and

—

;

very strong forces acting against a sluggish movement at that they cabled over orders to this
market, with the
the Steck Exchange.
But prices there had already run result already known. This week the foreign stocks,
high, while the rate of interest had been rising and many
which had previously been sold, were delivered by the
worthless securities floated, so that with the long-continued arrival of the incoming
steamers, and further sales were
demoralizing railroad war acting as a special irritant, it made on cable orders, the situation in London until Thurs-

was no wonder that a decline
forced.

all

around was so easily day

—settlement

day

— showing

possible that as the setttlement

no improvement. It ia
was effected with compara-

This downward movement has been helped also by the tive ease, er at least without disturbance,
London may
weakness in American securities in Europe. And the be favorably influenced by the causes that have thus far
improvement in the tone of our market during the week affected our market and if foreign capitalists believe
under review, came at a very opportune moment, for the the reports that have been cabled over of
the negotiations
street has been wonderfully well supplied all
the week preparatory to an adjtistment of the railroad troubles, they
with stocks on foreign account. Had there not been a
may refrain from selling more American stocks, even it
;

.

.

.

THE (^HRONICLE.

42

XXXIV.

[Vol.

now in this direction. Rates of exchange at interi
do not at once buy back some of the properties setting
But while money cities continue to rule in favor of New York, and at St.
that have been thrown over by them.
Louis the rate is, and at Chicago it has been, high enough
continues in demand at London and on the Continent,
permit the shipment not only of currency but of gold
while so much capital is absorbed by home enterprises, to
Furthermore the Treasury operations for the
of
hither.
and while the outlook is almost certain for low reserves
a loss (which is a gain to the banks) of
show
that
week
probable
bullion in the European banks, it is scarcely
The last bank return w^as doubtless
73.
372,173
will
be
$1
stocks
American
purchases of even the best of
averages, and hence the actual condition
rising
on
up
made
account.
European
made to any great extent for
Bearing this
than appeared in the statement.
The Bank of England return for the week shows a gain was better
looked for
reserves
may
be
in
the
of in mind an improvement
of £13,000 bullion and of 3 per cent in the proportion
noted
from the
gain
above
the
of
view
Bank of France reports a de- this week in

tiiej

The

liabilities.

reserve to

francs gold and

crease of 950,000

of

5,025,000 francs

The Bank of Germany shows a gain of 2,500,000
The following exhibits the amount of bullion in
the principal European banks this week and at the

silver.

marks.

each of
corresponding date in 1881.

Total

Jan. 11, 1831.

S,

of

Germany

.

24,126,S89
20,249,994
25,905,835 45,795,723 22,090,152 48,483,340
6,461,487 19.384,463 6,680,750 20,042,250

.

52.617,336J63,IS0J88 52,897,891 68,525,590
;>2.623. 133165,426,662 60,347.504 09,546,280

Total tills week
Total previous week.

^p' The above gold and silver division of the stock of coin of the Bank
of Germany is merely popular estimate, as the Bank itself gives no
liiforuiation

The

absorbed.

rates

shipping point, and

and these have been quickly
are still 2J cents below the gold
bills,

figure the

before they reach that

Shipped.

Eeeeived.

T.

.

$2,921,000
184,000

J629,000
15,000

$3,105,000

$644,000

change in the bank reserve
for the week, except so far as it mav bo influenced by the
rising averages above referred to and by including silver
indicates the

which are not counted as reserve.

certificates,

Out of Banks

Inin Banks.
Sub-Treasurj- operations, net...
Interior

movement

Total.

on that point.

The exchange market has continued active and strong,
the demand being chiefly for remittance for the stocks
The supply of bills is
sold here on European account.
shipments, and, within
cotton
from
mainly
coming
limited,
a few days, from loan

and Shipments from N.

.

The following

Silver.

Gold.

Silver.

aold.

Bank

Receipts al

Currency
Gold

Jan. 12, 1S82.

Banlcof England
Bttnkot France

Treasury and the net result of the interior movement
which is shown by the statement below.

The Bank

of

Net Gain.

$1,372,174

$1,372,174
3,105,000

644,oyo,

2,4(il,0O0

$4,477,174

$644,00ai

$3,833,174

America received $2,780,000 gold from

the associated banks during the week, for deposit in the
vault.

As

noted above, the stock market has been active, gen-

erally

strong and ht times buoyant this week, with the
shares the favorites

trunk-line

influence operating

to

among

The

speculators.

advantage of these

the

specialties:

undergo a material change. Loan has been the old story of preparations to settle the trunk
be drawn with a fair expectation of line war but this tirme the rumor was accompanied by
being covered at a profit, and these may come upon the some corroborative evidence which led those who have
market in sufficient volume at least to keep the rates from hitherto been skeptical to give it more credence. The

situation
bills

likely to

is

now

can even

;

'

much if any beyond present figures. Besides,
any moment there may be an increased movement
rising

which would

at

negotiations were said to have been conducted

of

friends

largely to the supply of

who were

commarket therefore is for the
moment strong there appears to be nothing to justify
apprehensions of gold exports. The following table shows
relative prices of leading stocks and bonds in London and

and these

mediators

obtaining

assurances

New York

very likely been due

cotton,

mercial

bills.

a'ld

"While the

at the opening each day.

Jan.

9.

Jan.

Jan. 10.

would
to

agree

whom

red.

Much

claimed

is

it

that

the

to

this

by mutual

authorized to represent the principals,

four

all

decision

momentous
to

adroit

possible that there has been
12.

of

question

advance

the

of

have succesded in
of the companies

in

the
is

arbitrators
to be

these

refer-

stocks

manipulation,

but

has
it is

good buying, not merely for
by those who probably felt

speculation but for investment,
Lond'n if.r. Lond'n N.T.

Lond'n X.Y.

x.r.

price:' Vricts. price*.* prices. prices.* prices. prices.* prices. prices.* prices.

11V24
1175s
10219 102^< 102-06 102M
Brie
39-M S»H 39- 36 89«
2d con. »8B7
8617 98X
88
ni.Cent 12S'89 128L/ 129-27 129«
M. r. c. 180- Zl 130)4 130-73 131
Beading 83 37t 67
3i-4!)i
117-30

V.S.4B.C.

102-27
40-42
93-37

am

118^

remarkable

102M 100-80} 102M 100-80t

102?^

are continuing

40>i

40-53

409<

B8«

98-86

9^

41-S9
09-34
132-21

130-27

130

130-75

130«

131-73

1.31

132 21

1,32

a'i-23'^

6!%

32-74-f

8il)i

eabies.

enormous

justify the venture.

fact appears elsewhere that railroad
to

record

a

figures of last year;

The-

eamings-

very large gain over the

and

this indicates that not-

13214
133-43 134

32S8-t-

withstanding the rate war and the sluggish movement of
64^ grain and provisions
over the trunk lines, the railroads

Bzch'ge,

engaged in the businges of transportation to a
degree not kitherto equaled at this eeason of the year.
These facts doubtless have had an influence. For instance,
are actively

488X

• Expressed

were low enough to

that pric»s

117-60

11760

117-30

m their New York equivalent,

4- Reading on basis of
$50, par value,
i Ex-interest.

Note.— The New York equivalent

Is

based upoti the highest rate for
aU charges, such as

cable transfers, which ordinarily covers nearly
lnter«et, insurance and commissions.

the enormous earnings

by the granger roads evidently
served to stimulate an advance in those properties, and it
is reasonable to suppose that those who have access to the

Money has continued in abundant supply during all the
week, the banks loaning liberally, some capitalists almost traffic returns of Eastern
lines have not been slow to act
forcing their balances upon borrowers who have prime upon the information
obtained regarding their own busicollateral at their command.
On time the oSerings have ness.
be«n at 5 per cent for six months, and at 4 per cent for
The contest for the control of -Reading has been one of
four months on stock collateral, and the same rate for all the events of the
week in stock circles. The polling ef
the year on Government bonds. The abundance of votes fo» -the
election of a board of directors for the
loanable funds comes in part from the temporary absence ensuing
year began on Monday, and such was the time
of employment for floating capital which has been let consumed in
receiving proxies that it was continued
loose by the January dividends and interest disbursements.
through the week, the
not being
until 12:15
polls

JBesides, the domestic

movements

of currency appear to be

o'clock

closed

yesterday, with a victory for Mr.

Gowen.

Mr.

—
Jamuart
Schell,

THE CHRONICLE.

14, 1882.1

on behalf of Mr. Vanderbilt and the Vanderbilt

syndicate, cast

72,000

votes, giving

Gowen

the

ticket

272,000 shares in all and the Bond ticket 222,000 shares.
The result can not be regarded as finally determined
until the court, under whoso indirect supervision the
election took place, confirms

it

;

but the indications are

43

and that as relatm to the latter the law be
very materially modified and the penalties— if any be
retained
much reduced. Obviously, there is an advantage in such a distinction that should commend it to the

loans,

—

favorable consideration of every thoughtful legislator. In
the country, time loans are the rule.
The farmer or producer does not borrow money on call. He mortgages his

now tliat there is to be no contest in the courts. The alliance of Mr. Vanderbilt and Mr. Gowen has been inter- property or lands, and obtains the necessary funds on this
preted to mean, as we explained four weeks sinc«, that mortgage, with the understanding that he shall pay back
the Reading extension to a connection with the Vanderbilt the loan at a certain fixed time in the future, interest runsystem would be rapidly pushed; and, with that completed, ning meanwhile at a stipulated rate. If therefore the law
Mr. Vanderbilt would control the largest area of coal and be retained in its present form as respects time money, the
coke in Pennsylvania, and be able successfully to compete farmer would have small reason to complain. He is prowith the Pennsylvania for the coal and coke traffic, which
has been, and still is, so profitable to that corporation.
Government bonds were very strong on Thursday, the

tected against usurious exactions,
little

and beyond that he has

concern.

In contradistinction to this method of borrowing in the
advance being stimulated by the announcement that the rural districts, the transactions in the cities- are to a very
Secretary of the Treasury would issue, as he subsequently great extent on "call" or demand loans.
Governor
did, a call for $20,000,000

60

days' notice.

extended

6s,

redeemable on

The amount redeemed

Treasury, since our

last,

at

the Sub.

105th call was $420,050,
This leaves about $1,845,750

of the

-and of the 106th $347,800.

New York

Cornell says that in
financial

transactions

And

character.

is

it

fully three-fourths of the

on borrowed money are of this
on this class of loans that the exist-

ing law operates most harshly.

Of course the

statute is

evaded by some, and thus the law is not only useless, but
burdensome and immoral. But the especial hardship
.standing.
The payments by the Assay Office, through the Sub- entailed upon business men is that through the interTreasury, during the week, amounted to $169,335, of position of
this unnatural
barrier the penalty for
There was an a violation of the statute, it should be remem.
which $51, #00 was for foreign gold.
of the

former, and

$10,552,700 of

the

latter still

out-

—

importation of $50,000 in British bars by the Suevia on

bered, is
the
forfeiture
of
principal
and interest
The receipts by the Assistant Treasurer from
the borrower has to pay more for the use of money
the Custom House were as follows.
than he otherwise would.
In times of stringency,
when
the supply of money is inadequate to the demand
OmvtUting of—
and the legal rate of interest is no longer considered suffiDate.
Dutits.
Silver
77. S.
Silver
aold.
cient compensation by the lenders, those seeking accomDollars. Certificates.
Notes.

—

the 12 th.

Jan.
**

6
t

'

...

.,..

9....

'•

10....

"

u

"

12....

...

Total...

*53ei,678 45

415.919
510,479
709,e07
597.150
550.495

10
97
95
38
11

$3,322,330 06

$140,000 $23,000 $1,000
1,000
316,000
22,000
3 81,000
54,000
1,000
494,000
72,000
452,000
51,000
1,000
421,000
49,000
$2,504,000 $271,000

$4,000

$75,000
77.000
75,000
143,000
94.000
80.000

$544,000

modation have to pay in addition to interest a commission
that being the mode adopted by the lender to evade
State enactments and get the full equivalent that the
money would command ranging from 1-64 to one per

—

cent ppr day.
One-sixty-fourtli

and

THE GOVERNOR'S MESSAGE AND DEMAND

this

is

is

the smallest commission

equivalent to nearly

demanded,

per cent per annum,

moment money

is
worth more than the
borrower has to pay six per
Among the recommendations contained in Governor cent additional, or 12 per cent altogether; and, from the
tUorneirs message, submitted to the Legislature this week, nature of the fractions used, the rate jumps up not less
is one that is of peculiar interest to the financial commuthan 6 per cent at a time, until it finally reaches appalling
nity of this centre.
The Governor calls attention to the figures. In Boston, as Governor Cornell justly says, the

LOANS.

so that

the

legal rate of six per cent the

heavy and severe penalties imposed for a violation of the penalty is merely nominal and the rate seldom rises above
law as respects usury, and to the desirability of a modifi- 7 or 8 per cent, even when a stringency prevails and
cation of the same.
This is a subject that comes up for money commands a commission here.
It may, perhaps,
discussion every year, but nothing ever results from it be too much to expect that no higher rates would
but empty rhetoric or ill-advised endeavors. The mer- obtain in this active centre, but certainly the removal of
-chant and the banker, faaiiliar with the economic laws the penalty would take away the commission dealings at
that govern trade and finance, know that freedom from the Stock Exchange, and open the gates to a movement to
restraint and undue interference does not subject the New York, in time of pressure, of surplus funds from
money-user to any extra pressure at the hands of the every city. Now the number of lenders who will evade
lender, but rather is a guarantee tliat natural forces will the law is limited
then the borrower would have an
be permitted to puraue their own course, to the best open, free market at eveiy bank.
interests of all.
The farmer, on the other hand, firmly
This is not a matter that concerns "Wall Street alone.
believes that State protection is needed to guard him It concerns every merchant, tradesman and manufacagainst what he calls the avarice and greed of the lender. turer.
To be sure, stringency is an exceptional and
It is useless to argue with him.
In his own mind he temporary, not a permanent, condition of the market.
feels convinced of the correctness of his position, and thus But as business progresses and the energies of the counthe difference between him and the city tradesman is try expand, periods of pressure recur with greater freirreconcilable.
quency, and the law becomes more and more oppressive.
It is here that Governor Cornell comes in with a propo- Let, then, the idea be vigorously taken up by the people,
sition that has the merit of being a thoroughly practical for, if it is, a measure embodying tlie Governor's suggessuggestion, for its enactment will not affect the farmer tion can, we have no doubt, be passed at the present seswhile it will relieve the city.
He proposes that a dis- sion of the Legislature. At any rate, business men
tinction be made between time loans and demand should force the subject upon the attention of their rep.
;

.

.

THE CHRONICLE.

41

XXXIV.

[Vol.

A

list of disasters for
1881.
fact in a
explaining this condition is found in the circummeasure
bers would prove
stance that in 1 880 those sections were not only reported
there is no reason to suppose that a measure of this
small, as all sections were, but were given also at a greater
of
sections
other
from
the
opposition
with
would meet
By all means let the matter be pushed, decline comparatively from previous years than other
the State.
1876 the failures in the Middle States
and practical effect be given to the Governor's recom- sections. Thus, in
in the Western States 3,122
but in 1880
and
were
2,909
mendation.
the Middle States recorded 1,472 failures and the West-

New York mem-

It is not likely that the

resentatives.

recreant to the city's best interests,

additions to the

and
kind

;

MERCANTILE FAILURES FOR

1881.

ern only 1,171.

With the decided increase in mercantile transactions
which 1881 has witnessed, there would very naturally be
an increase in the

we

increase,

say,

number

Such an

of failures recorded.

would be

natural, since

renewed

activity

The foregoing statement

continued would give an addition to the total. But besides
that, all indusiries have been for three years, and are now

Western

a

long expect to keep the losses at

and we cannot

figure fixed during a

period of stagnation, while these greater risks are being

The aggregate,

taken.

increase over last

very small

year's

condition of trade.

healthful

Messrs. R.

G.

Dun &

The

five

a

indicates

total,

as given

results

Co. for a series

Their figures for

follows.

showing some

therefore, although

of years

years in detail

by

are as

we add

at

Co.'s

number

business

in

section,

business.

greater
disasters

in

of

failures

to

the

still

the

States

being only about

which

States,

addition

of

same

per cent.

of 1

order, is -5G8

the

in

whereas the Middle

cent,

the

percentage

the

States,

with

number

year to the

smallest of any

in

even

for

report;

the present

is

is

-5 1

G of

quite so satisfactorily accounted for
of the exhibit for every section

is

the

per

1

the section next

With regard

the

to

South, the situation as reflected by these figures

is

not

but the whole result

;

For

very gratifying.

instance, in 1878 the percentage of failures to the

number

whole country was a trifle over 1^ per
whereas in 1881 the percentage was only -71 of 1

in business in the
cent,

the close of this article.

interesting

in

in that feature

&

ever, in process of expansion,

number

we have a further explanation of the
comparative position the West holds in Messrs. Dun

And

•and a revived spirit of enterprise enlarges the number of
merchants, so that even the same percentage of disasters

more than

furnishes an

also

exhillit of the ratio of failures to the

per cent.
Failures.

Year.

1857
1858
1859
1860
1861
1862
1863
1864
1865
1866
1867
1868
1869

Araount of
Liabilities.

4,932 $291,750,000
4.225
95,749,000
G4.391,000
3,913
79,807,000
3,676
6,993 2O7,'.;lO.0O0
1,652
23,049.000
7,H99,9O0
495
520
8.579,000
530
17,625,000
1,505
53,783,000
»«,ti66,O0O
2.780
2,60S
03,694,000
75,054,054
2,799

.

AraouBt of

Failurea.

Year.

1870
1871
1872
1873
1874
1875

$88,242,000
85,252,000
121,056.000
228,499,900
155,239,000
201,000,000
191,117,000
190,669,936
234,383,133
98,119,053
65,752,000
81,155,932

3,546
2.915
4,069
5,183
5.830
7,740
9,092
8,872
10,478
0,658
4,735
5,582

1876. ..•.

1877
1878
1879
1880
1881

Another feature

Liabilities.

increase in

much

This statement shows that although the actual total was
last year, it is still

No

than in the favorable year of 1879.

1,076 smaller

comparison can

be made with the years previous to the panic, as the conditions are entirely dissimilar.
this year's figures, it will

are less in

number and

Looking

at

amoimt

of liabilities

East'm. Middle. Soutli'n West'm Pacific,
&c.

Total.

1881.

m

busiuess.

failures..
Perceut'ee of failures

to No.

1880.
business.

Number in
Number of

failures..

conclusion would seem ^to

the

0-884

0-568

1-213

0-516

85,774 237,062 109,821 275,672
7i3
1,472
835
1,171

Pcrcent'ge of failures
to Mo.
busiuess.

m

0-843

0-621

0-760

0-425

be that the increase in

has not been a result of the increased number of

Of course

failures.

portions

separately.

of

the

We

it

is

impossible to

table, as

can,

few

so

however,

show

illustrate

it

this

through

are reported

cities

by a reference

again to the section given under the head of Western

we have

States, where, as

seen, a considerable portion of

the additional disasters occurred

.

Failura in 1880.

Failures in 1881

Ifumber.

Actual Pro-

43,036 781,689
495
5,582

1150

jlctual.

Pro-

Average.

Ohio

t

187
48

790

1,292,067

Cincinnati...

20-4

1.507,806

6,910
31.413

Total

235

.

..

niinois
Chicago

Missouri
St, toul»

Av'gt.

iwrt'n.

152
38

80-0
20-0

91

43

670
321

514.241

i
8,726
13,533

1,810,359

9,087

4>3,802

5,317
18,14»

1.326,318

1000

2,799,873

11,914

los"

74-5

37

25-5

585,718
1,980,700

5,414
53.633

145

100-0

2.566,418

17,700

163

74-8

1,002,720

6.520

85

818

420,972

252

1,878,331

34,151

54

38-8

1,186,216

6,058
21.967

1,616,188

11,627

328
135

70 8

2,210.092
2,480,611

6,829
18,375

4,720,703

10,19»

780,154
1,283.956

0-714

38,494 746,823
534
4,735
1-387

LiabUUie-.

LiabttUUt.

port'n.

Total....

87,325 241,373 118,606 291,349
772
1,372
1,439
1,504

larger

In other words,

increase in average liabilities in the city.

liabilities

disasters in

much

than in

the following table.

business.

number of the

the detail of

any previous year, and that the increase in 1881 was
mainly in the Southern and Western States. For the
purpose of' indicating this fact, and also the percentage
of failures to the number in business, we have prepared

Kombcrin
Number of

smaller increase in the

be noticed that the Middle States

in

lias

the city than in the country, but a very

all

847 larger in 1881 than

discloses is that where the
taken place, the results show a

this report

failures

0-634

Total....

218

100-0

2,041,061

13,491

Three States

4S8

76 8

6.4!»

Thret Cities.

140

23-4

2,940,505
5 366,837

88.834

Total

59B

1000

8,307,342

13,875

....

292

1879.

Number in
Number of

business.
failures.

82,337 230.5,37 100,574 256,583
970
2,290
1,076
1,008

Percent'^e of fuilures
to No. in busiuess.

1-178

0-993

1

070

0-627

32,126 702,157
714
6,658
2-222

0-948

1878.

Number in
Number of

fiusiness.
failures..
Perecnt'ice of f ailurcK
to No. In business.

79,765 229,385
1,734
3,199
2-174

96,297 240,933
1,415
3,436

28,361 674,741
694 10,478

five
1-395

1-470

1-426

2-447

1-553

1877.

Number
Number

in business.
of failures..
failures

Perceutyoof

77,724 224,707
1,353
3,049

to No. iu business.

1-741

With no Southern cities reported separately, it is impossee how far the same relation prevails in that
section; but the above aggregates show us that the number of the failures in the three cities named increased only
sible to

1-357

91,783 231.557
1,078
2,756
1-174

1190

26,235 652,006
636
8,872
2-424

during the year, whereas in the three States the

num

ber increased 130; but in liabilities the total in the three
cities reported was $5,366,837 in 1881, against $2,480,611
in 1880, and in the States $2,940,505 in 1881, against

1-361

$2,240,092 in 1880, or an increase in the average for the
remarkable that the agricul- cities of almost $20,000 and a decrease in the average for
tural sections, which have been making such large crops the States of about
$409. It would add further to the
and profits of late years, should be foremost in tke value of these reports of the Mercantile Agency if they
It is at first sight

a

little

i

.

Jaruaat

18(3

14,

.

.

THK CHRONICLE.

]

would in tho future give us more of the cities separately.
It would not, perhaps, be safe to draw any general conclusion from the few facts wo have, and yet the far larger
the

ia

liabilities

cities

— notwithstanding

failures there, are so slightly increased

the expansion which
trader's business.

the

—

is

of

keeping with

in

has taken place in each individual

Tliis

expansion

is

of

course mainly in

much

the country stores keeping along

cities,

number

tho

in their

old channels, only with larger sales.
interest,- however,

Chief

On that

pects.

point

repeat what

we can

we have

stated on previous occasions.

only

short, there

is

that

failures will

largo

no speculation, but »
This is no guaranty

is

not increase somewhat

addition to the

number

of

now

for with the

;

enterprises brought

forward, and now merchants entering the lists, additional
numbers of those who have started in tho race are likolr

drop out. There is only a cerUiin portion of those
engaged in any department of trade who succeed, for it
requires something besides bluster and display to make %
to

upon the future pros- merchant.
new to say, for we
To show how the

our mercantile interests that

of

which production

very conservative feeling prevails.

nothing

remarked upon the excellent condition

have so often
financially

centres

we have

^5

failures

have distributed themselres

in reference to the different quarters of the year,

we give

the following.

Prob1880.

1970.

1878.

ably at no period of the country's history has a year
Llabllit's

opened with our internal commerce in a situation at once
so healthy and promising.
Production and consumption
.

are both large and increasing, while stocks

yery small

and

;

yet, outside of

of goods are

1831,

1881.

1880,

No. UiiblMt'a

i

No.

1,731 21,4; 0,230 1.432 2.777.071 2,524 in,H2,()0r.
lit,40O,»«3 1.005 20,lll,r.Ml> ./<!ill2a,(kH(,725
Second quarter.
Thinl tiuiirtcr.. 1,02) I0,112,:i«!j 07M 12,I2l.4ai 1,«» 5.2 55.'ii.
Fourth quarter. 1,61'a 30,Wti,»S!2 l.^SU 2o,7i;,8i5 ija^n.im.iia

8^582 8I,155,a:

Total

1879,

1878,

AND

1877

a-'>.752.000 6,0881 l)B,1 4«,aM

2.470
2.Hf,:i

1,800

lo.^TOl^Mjsa.m

1878.

1878.

1879.

1880.

LlnbintlM

f

qun

a few staple products in

FAILURES IN

Llablllt'a

1877.

1876.

Knmb'r
In

States

Busi-

and

Territories.

No.

ness.

Fall
ures.

Amount

of

UabUitlcs.

No.

No.
No. Amount of
Amount of FailFailFail
Liabilities. ures.
LlabiUties.
ures.
ures.

Amount of
Liabilities.

No.
FiiUurcs.

Amount of
Uabilitles.

No.
Failures.

Amount of
Liabilitloe.

£a8tem.
12,457 Maine
7,638 New Hampslilro.
6,664 Vermont

76

412,703
332,404

73

796,600
417,748
359,736

40,81C
Boston City...
i
5,258 Kliotie Inland
114,475 Connecti'ut

319 3,833,795
97 3,856,450
77 1,612,011
130
830,788

1

1,073,817

87
62
63
335
170
95
158

Total Eastern

772 11,071,156

723

0,460,117

970 15,577,283

429 4,851,074
388 14,074.314

461

5,617,766

8,389,378

415 L9,459,744

77
250
134

89
291

519 13,.303.969
143 1,201,086
522 8,242,649
189 3,086,116

(

87,3a5

Mas«aeluisett8

51
22
.

Middle.
78,260 New Torlc
38,181 N. Y. City and Brooklyn
21,633 New Jersey
64,2.'i(i

Pennsylvanin

lO.IWi
3,5'2'2

Pliiladclpliia City....

Pila ware

13,40'.!iMaryland
3,013 District of Columbia

Total Middle...

241,373
11.605
6.454
7.86«
5,410
10,478
2,576
7.050

...

Southern.
Virginia
West Virginia
North Carolina .,..
8out)\ Carolina

Gcor^a

,

Florida

,

Alabama

6,.<i52 MirtKiHsippi
8,98H lx)iiisiaua

14,523 Texas
(i.OitCi

Arlfansiis

19,311 Kentucky
11,886 Tennessee
Total Southern

118,606

I

."iS.OOO

4,530,346
],S.53,.-,32

32
32
223
106
79

131

7

4,341,787
73,200

75

2,484,<ti)l

18
53

12

109,304

14

687,230
151,081
251,723
1,385,5,54

1,931,400
9.)8,707

984,556
2,943,502
3,842,222
1 27,400
820,163
157,939

170

4,820,592
3,613,200
3,094,562
2,474,844

111
113
604
325
130
281
1,734

23
119
30

1,372 32,924,538 1,472 33,953,292 2,290135,531,191

3,199

81
848,666
1 24,000
27
100 1.000.290
73 2,497,740

126
40
89
59
119
22

98
670,583
41
183,233
83
5M 1 ,874
90
084.558
132 2,379,548
16
223,:!3!
lOl 2,041,340
153 1,942,129
106 1,604,-577
234 2,713,920
102
952,532
93 1.083,413
187 1,393,353
1,439 16,409,412

85
14

53
48
77

703,180
96,105
411,658
393.230
1,018,763

80
19
24

574,323
120,077
202,109

8.54,739
,843,3,50

12,707.645
11,279,.523

2,521.981
4,680,588

149
70
06
480
130
114

314

35,294,026 1,353

238
138
197

10,510.000
6,079.056
4,186,548

26,088,007 1,314

37,657,068

1

998 19.311,933
887 33.244,018
159
545

2.273,141
10,731,880
4,281,49.'>

193.000

19
14!:

1,090,100

18

(^7,977

95,293,466 3,049

77,173,730

,909

72,244,681

•159

1,312,705

4"9.569

172
126
89
147

3,351,289

70
66
103

1,19.5,615

369,011
1,067,200
1.78»<,522

3,738,1H4

835

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

1,415

26,322,901

,078

152
38
89

1,326,318
514,241
842,847
483,802
780.154
2.285,266
560,207

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

10,799,300
7, .570,311

373
126

5.2?3.,549

35'J

7.672,931
12.926,800
0,627,709
2,317,382
3,428,100
1,052.403
1,036,416
4,171,300

454
206
310

284.394
2,444,000
392,043
221,800

513
216
374
470
36
369
163
400
149
10
107
44
106

647,902
825,400

50
45

1,504 15,594,732 1,171 11,519,419 1,608 21,207,519

3,436

41

»

3,603,64

220
194

51

99
127
228

1,4)0.930

15

54
155
26
104
105

75!»,094

5.59,255

12,994,8

129
44

991, ,374
76
90 4,752,557
159 1,223,892
425,427
48
138 1,546,,577
152 1,509,671

04,500

1,916.450

73
462

281,5(10

700.549
706.262
1,493.210
340,072
1,030,000
1,051,219

47
55

1

138
48

2,568,986
320,202

133.288
874.062
1,073,660
4,830.462
2,733.725
407,633
5,905,756
2,205,873

12

2,037,400
76'-',7 8
738.269
6.639.054
6,469,300
3,599,607
5,8'J ,649

969 15,791,084 1,012 15,994,840
863 42,501,731 865 32,490,974
108
4,741,993 177
3,313.!i.58
770 18,714,270 632 15,540,795
25'
10,373,700 175
4,940,443

188,137
916,874
207,982

14

85
33

1,406,200
1

11

43
86
61

138
23
227
91

1,168,501
1,181.631

149.000
690,000
1,079.980

89<,519
1,890,696
270,775
6,994,42-'

1,201,110

209.600
2,104,637

14
51
81

80
167
35
241
158

17,271,920 1,361

23,083,260

Wealern.
59,,790

JOhio
anelnnatl City

187

48

J

30,,632 litdiana
55, 33D

5

78
108
37
209
77

Illinois

ClilcagoClty
31,,102 MicliiKan
22, 9 lit Wiscousio
)

26, 419
12, 505

35, 669

Iowa

75
73
163

Minnesota
<
\

Missouri
St.

LouisCltr

55
262

13, 894 ICansas
7, 084

Nebraska

132

Total Western.

291,349

Paeifie

and

(

California

San Francisoo City.
7.6571 Colorado
i

.

1,51-1 .Novada
1,8!K) rt:!
l,lo:i Ni w .Mexico.

017; WyiiiiiinK ....
8171 Idaliu
2,8441 Dakota

908 Montana
1,647 Washington
833 Arizona

781,689

.

Total Paoiflo and Ter's

Grand

1,980,700
l,7.50,s.32

1,409,616
926.001
.391,827

1,062.720
1,878,331
1,704,810
360,415

33
296.214
169 1,437,000
106 1,353.000
97
087,479
24
207,000
10
18,200
4
2

totals

59,116 Douiiniou of Canada

51, .500

4
12
4
12
18

4,000
63,000
121,108
68,000
99,593
630,000

49S

5,096,094

20 Alaska
43.036

585,718

91
43
153

74
92
82
85
54
112
106

495,555
1,807,969

429,972
1,186,216
446,953
359,919

122
194
83
179
145
152
128
83

56
66
66

1,509,791
3,396.480
2,237.300
2,063,894
1,886,345
1,121,900
1,241,697

154

330
114
81
141

64,309,503 2,756

5.806.818

371

3.7!0,!>84
5,71-',700

96
302
434
199
576
209

8,117.09
10.065,300
8.032,9 2
2,128,710
2.604. 00
1,291,8.52
1

717,232
7,239.K50
335.635
338,300

491
132
84

83
48
3

56,187,074 3,122

5,414,803
3,191.34t>

4,787,401
6,079,710
9,164,200
0,730.853
4.307,314
3,900.080
1,565,684
1,272.737
2,618.557

435.900
93.600
82,577,377

Territoriet.

239 Indian Territory
3,702 Oregon
19,34.')

1,292.06'

1,507,806
683,289

71

184
111

78
41

9
5
4
3

4
5

13
6

674,342
1,123,700
1,795,700
540.500
541,900
64,000
35,800
9,000
49,000
19,000
27,500
80,588
44,700

534 5,005,730

55
251
221
47

34
10
8

12

438,045
2.650.736
5,317,118
335,661
425,100
383,854
20,639
25,400

173,500
6,899,539
4,700,591
541,542
419.797
121,050

29
288
163
58
56

10

63,90<l

4

11

62,050

4

13

310
222
58
37
1

II

4

"n
3
58
4

68.000
90,000
171,305
21,500

714 9,953.358

83,000

8

207,800
54.000

16,900
81,307
694

13,103,176

206.170
3.252.852
8,483,424
880.103
659.736
44,300
16,300
7,200
46,000
31,300

636

13,949.185

34
169

79
45
25
1

42-^41S
1.670,973
2,202,698
505,582
206,167
6.000

I

140,000
30,500
83.400
75,000
203,864
8.000

380

5,555,500

"io

3

10
3
6

'5,582 81,155,932 4,735 05,752,000 6,658 98,149,05310,478 234,383,132 8,872 190,669,936 9,002 101.117,786

636

5,751,207

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

1,09-;

23,908,677'l,S9:

25,323,903 1.728

25,517.901

—

..

.. .
...
..

THE CHRONICLE.

46

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

•

•

connect Chicago with the Southwest, which have not of
been able to improve upon the business of 1880 and

some cases fell below, like the Chicago & Alton, make
The Wabash, which
this month very favorable exhibits.
in

ing have increased their receipts from $17,568,783 to
$21,596,590, or $4,027,807, equivalent to almost 23 per
In the same period mileage has risen from 36,780
cent.

its

December, 1881, against $478 in December, 1880.
of the great trunk lines, which have continued the

XXXIV.

late

In railroad earnings, December is entitled to rank with
the other months of 1881 in the favorable results that have
Fifty-five roads reportdistinguished the entire year.

miles to 41,794, an increase of only about 13^ per cent.
As a consequence, the earnings per mile are $517 in

fVOL.

may be

considered as of this

much

very

larger mileage

class, has,

and the

notwithstanding

light

traffic

that a

good deal of the additional mileage affords, earnings per
The
mile larger on the average than in December, 1880.
Hannibal & St. Joseph, however, which forms part of a
line to Chicago, has to report a decrease, as in all previous

None months

in 1881, except one.

"What makes the gain on Western and Northwestern
roads especially noteworthy is that the movement of grain
rates with even greater fierceness than in preceding
diminished as compared with the cormonths, are embraced in these figures. It should be was very largely
period
of the previous year, making it certain
responding
said, however, that Mr. Garrett, at a meeting of the board
chiefly from an enlarged volume
derived
gain
was
that
the
director! of the Baltimore & Ohio, stated that notwith-

war

of

of

To show the
of general and miscellaneous business.
in
the
two
years
we
have
prepared the
grain
movement
which
its gross receipts in December by
of
the
receipts
following
statement
of
flour
and grain at
trafiBc.
Earnings
and
passenger
from
$78,008 came
the principal lake and river ports of the West for the
mileage of each road are shown in the subjoined table.
four weeks ended December 31, 1881 and 1880.
It will
GROSS EARNINGS AND MILEAGE IN DECEMBER.
be seen that there was a falling ofi of almost one-half in
Mileage.
Gross Earnings.
the receipts of wheat, and also a heavy falling off in
Same of road.
Increase or
1881.
1881.
1880.
1S80.
corn and flour, but that the receipts of other kinds of
Decrease.
grain were slightly larger.
Chicago appears to have suf»
S6,912
-1-25,037
Alabama Gt. South.
230
61,275
290
fered
this
month
from
the
diminished crops, and St.
most
-1-39,393
Burl. Ced. Rap. & No.
232,812
193,419
564
589
standing this conflict that road was enabled to increase
$177,409, of

.

Cairo c& St. Louis
Central Pacillc
CWcago & Alton
Clue.&Eastfinilll....
Chic. & Gr. Trirnkt...
Chic. Milw.A St. Paul.

Chlcaco & Northwest
Chic. St. P.Miun. &0.
Cincinnjiti Southern
.

Cin. Ind. St. L. &Ch..
Cleve.Mt.Vei-n.&Del..
Col. Hoek. Val. & Tol.

Denv. & Rio Grande.
Des Moines & Ft. Ji.*.
Detroit Lans'g & No.
EastTenn.Va. &Ga..
Flint

&

PereMarci....
Great West' n of Can .t
Gull Col. & Santa Fe.

Hannibal &
Houston E.

Jos...

St.

& W.

Tex.

Illinois Central (III.)
(Iowa lines)

.

Do

Ind. Bloom.

& West

Indianap. Dec.

&

}

Sp..

Iowa Centr,al
Kan. Citj- Ft.S.& Gulf
Lake Erie & Western
Long Island
Louisville

&

Nj»shv.

.

Memphis & Char*ton
Memphis Pad. & No.*
Milw. L. 8h. &We.st..
Minneap. & St. LouisMo. Kan. & TexasJ...
Missouri Pacitlc

Mobile & Ohio
N. Y. <kNe\v Ensl-ud.
Norfolk & Western...
Northern Paiitlo
Ohio Central
Pad. & Elizal)etht'n"
Peo'ia Dec.iV'Kvansv.

Bt.L.A.&T.H.m.liue
Do do (branches)
St.L.IronMt. & So
St. Louis & San Ftaii
St. Paul Minn. & Man
.

Scioto Valley

Texas &

Pacific
Tol. Delphos & Burl.
Culon Pacific

Wab.

St.

Louis

& Pao

Total
•
t

41,396
2,110,000
635.S07
151,671
139,72;;
1,85.5,000

1,835,200

37,407
1,905,221
574,695
128,981
115,272
1,397,303
1,477,002

391,950

201,223
643,117
20,489
120.241
302,957
108,821
402,547
140,068
180.376
21,811

4,101
3,018

3,775
2,704

-5,031

985
330
300

+ 2,4,21

141

325

910
336
300
144
325

l,0G->

551

-1-357,298
-t-79,777
-f 77,990

-1-58,251
-1-291,221
-f-1,707
-1-24,019

-1-58,005

-26,905
1-11,314
-1-16,025
-1-19,348
-1-105
-1-17.876

-f5,40l
-1-30.406
-1-173,100

35.301
58.70.'

37,1.59

-)-21.54(!

101,950
82,552
056,951
222,855
297,611
24,802
301,858
44.874
1,809,835
962,608

—15,041
—14,709
-t-230,622
-1-18,939

|21,.596.590 17.508,783

80.009
07,813
709.498
287.914
528,203
43,741
381,218
74,059
2,267,004
1,328.278

t IncludinR International

&

210
305

305
3o5
328

2,000

1,840

330
113
275
300

330

1,778
1,15

1,108
1,000

506

506
316
428
722
231
186
190
195

'385

-20,193
-I-

.500

-1-21,099

33.827
-f 171,565
-f 228.865
-I-

—25,317
-f39.622

394

-H5,043

428
972

-1-213,338

4-79.300
4-29,185

1,055

395

-1-397,109

-f365,670

3,663
3,350

3,120
2,479

+4,027^

4ll794

i^TJo

;

18S1

1880 ....
Detroit—
1881 ....
1880 ....
Clevel'd—
1881 ....

1880 ....
Feoria—
1581 ....
1880 ....

the

roads

swelled their receipts, are

tiie

The Chicago Milwaukee &

St.

lines

in

have

1881
1880

Minneapolis

&

minor degree

Manitoba, the St. Paul

683.252
700,284

74,341
96,783

71,900
100,000

236.890
153,300

477,055
436,042

83,475
03,010

125,369
109,00=

494,370
399,113

1,190,500
1,405,490

433,509
212,595

428,809
369,759

23,728
27.019

4,121
4,470

221.474
025,310

2 = 0,028

49,952
43,469

37,000

457,324

3,593
1,644

32,543
53,659

103,669
651,108

75,430
00,300

62,181
26,822

83,317
42,036

1,124

12,219
11,499

20.000
55,000

87.400
153,500

77,600
03,200

47,00!^

975

6,000
31,020

35.750
3a,125

1,085,775
1,072,300

426,200
481,700

72,000
06,930

541

21,000

63,610
48,100

2,753,706
5.265.250
fifty-five

5,081,599 2 821 ,298 1,828,499 250,836
(>,873.905 2,335,799 I, (i42,051 1237,697

roads in our

list,

there are but eight

be assigned almost entirely either to the

war or the diminished movement

of cotton to

As we have already remarked,

our table does not embrace any of the great trunk lines,
but it does embrace several minor lines that are afiected

by the contest between the trunk roads.
Indianapolis St. Louis

&

&

The Cincinnati

Chicago, the Indiana Bloomington

St. Louis Alton & Terre Haute, probmore or less in this way. The Great
Western of Canada, which is more directly concerned,
diminished its receipts $25,551.
The Chicago & Grand
Trunk, the Chicago line of the Grand Trunk of Canada,
increased its earnings over 20 per cent, but this it was
enabled to do by reason of a very considerable expansion

Western, and the

ably

all

suffered

in the passenger

than

we compare

its

freight earn-

ings, instead of the total earnings, the four

weeks exhibit

trafiic.

If

a decrease of $2,774, instead
$24,451.

& Omaha,

all the roads in that district.
eature of the December returns is, that the roads that

busk.

2,290,500 1,534,900
3,501,931 1,354,713

the leading Southern ports.

The NorthSo do the
and in a
Another

610,691
2,097,554

Rye,

1,165,352
1.397,7iO

all
.... jOl,!
.... 82^1.'

railroad

heavily

less

bush.

decrease can

Paul, for instance, has, in

is

bush.

Out of the

the Northwest.

year.
The increase in mileage
9 per cent, in earnings almost 33 per cent.
west also reports a large gain in earnings.

bush.

that have a decrease, and in pretty nearly every case the

amount, a larger gain than any other road in the list.
It is to be remembered, too, that this road no longer has
any such increase in mileage as characterized the early

months of the

bbls.

DEC. 31.

Barley,
Mtsh.

Total of

Including Ohio Div.

that

Oats,

Diiluth—
1881 ....
1880....

Gt. Northern.

among

....
....

1880

121

086
597
050
100
700
285

-f52,547
-f65.059

Com,

Louis—

Toledo —
1881 ....

113

186
248
195
121
718
613
855
127

Wheat,

1880.... 337,490
Milw'kee
1881 .... 245,090
1880.... 282,569

250
225

231

-fe4,252
-I- 8,528

WEEKS ENDED

Flour,

Chicago—
1881 .... 130,181

191

328

-h25,456

i

101.374
949,185
157,593
17,110
40,146
47,713
019,385
459,670
287,372
198,107
181,746
220,993
25,768
20,833

823
180
292
72
919
402
392
152

402
392
152

-0,067

81.402;
127,3101

900
318

least.

RECEIPTS OF FLOUR AND GRAIN FOR FOOR

St.

900
318
823
320
292
103
919

-1-432

.37,893'

Louis

87
222

-H7,709
-25,551

Three weeks only of Dec. in each year.
For the four weeks ended December 31.

Conspicuous

810
220
335

+ 457,692

150,616;
162,764;

1 02,503

146
2,586

810
230
335

-1-24,451

522,.565l

539,190
169,904
156,697
37,99S
99,278
152,796
107,904
134,780
1,122,285
137,400
17,010
61,845
81,540
790,950
088,511
202,025
237,729
196,789
431,331
90,020

140
2,771

-f 00,612

-|-22,69i;

312,173
152,475
198,254
35,547
202.969
349.196
24,722
96.192
302.525
151,112
428,098
82,063
207,2"10,527

230,471
192,623
37,97J

-)-3.989

-1-204,779

as

now, an increase of

The decrease on the Memphis & Charleston and the
& Ohio, among Southern roads, is explained in
great part by the smaller cotton movement, though on
the first-mentioned on which alone we have the difierent
Mobile

'

of,

—

..
..

jAifUABT

THE (CHRONICLE.

14, i8ea.j

classes of trafiBc separately

— there was

also a loss

from pas- thus

47

events of the year perkapa

to the

it

should also be

senger business. To show how tho cotton movement com- said that there was an enlarged demand for coal,
in response to this demand was
pares for the two years we give the following table of production

Southern ports during tho month.
"We would preface the table with the remark that though
the to'al arrived at is a correct indication of the move-

receipts at the different

increased, that with

the

all

coal

were enabled

greatly

roads this was a great

and that

feature of the year's operations,
of the trunk lines

that the

in this

way some

to partially offset the loss

ment at those ports, the falling off, as coaiparod with resulting from the war. From the figures given further
December, 1880, which it exhibits, is not to be taken as above it will bo seen that tho year closed as it opened,
the loss on tho entire crop movement, for, as we showed naiyely with a smaller movement of both grain and cotton
than in the previous year, though tho diminution at the
last week in our monthly cotton article, the shipments by
thus
end
than
in
is the result of widely different causes from that at
in
1881
1880,
heavier
rail overland were mucU
tho
two
beginning.
between
the
difforonce
reducing
the
extent
to a great
There are only eight roads io the table that have smaller
years in the total crop.
KBCEin-»OF COTTDS AT SOUTIIBRX

bales.

Gal vp8ton

I-OKTS

Ftn'l Kovjil,

1880.

Difference.

118,445
2.038
281,406
81,816

Dec. ..26,412

Mnrelii'iid City,

&0

Norfolk
City Poiut, <to

Dec

..

2«3

Iiie.. ..18,373
Dee.. ..24,019
ais
Dee.. ..
Dec.. .. 7,172

8,711

8,198
111,179
1,206
88,103
1.950
29,893
4,449
110.258

Ac

earnings than in

1881.

209,779
00,797

Ork>;iiis

Moliile

DSC. 1831 AND 1880.

80.033
2,67.i

New

I.I

118,351

288

Inc..

..

918

Deo.. ..18,855
Dec. .. 5.010
Inc.. ..10,423

26,037

107,258
7,590
19,170
11.101
130.631
41,701

867.477

959,729

Dec. ..92.232

Dec. .. 9.0-.5
Dec. ..14,373
Dec. 13.044

and the decrease

in

the case of

conflict.

receipts, first

development and
which these roads
traverse than an increase of 7^ millions in one year
be offered of

could

illustration

characterize the

activity that

the

sections

.

December we have tho year complete, and the
months will be scanned with more
than ordinary interest. The annual table contains fortysix roads and includes the Canada Southern, the Lake
Shore and the Michigan Central. The aggregate earnings are shown to have been $213,84.j,973 in 1880
and $246,492,082 in 1881, an increase of $32,646,"When it is re109, or more than 15 per cent.
membered how large was the increase in 1880 over
"With

figures

1880,

attributable in great measure to the rail-

is

Of the roads that have enlarged their
rank must be given the Union Pacific and
the Central Pacific.
The former gained over four millions
and tho latter almost .3^ millions. "What more forcible
road

for the twelve

increase in 1881 will certainly be con-

business?

their

in

Total

these

five of

roads

on

are

these

very

is

much

not very

large.

less

second

Scarcely

roads in the

the

to

Northwest.

On

tho

St.

the

Pacific

The

increase

Paul

it

is

than 4 millions, on the Northwest

St. Paul Minneapolis & Manion the St. Paul & Omaha $850,000,
The Northern Pacific added over $1,400,000

almost 2| millions, on the
toba $1,700,000,

and so
to its

on.

earnings of 1880, and the Oregon Railway

more than a

igation

make almost

million.

& Nav-

The Southwestern roads

equally flattering exhibits with those of the

Northwest, and Southern roads do not lag very

As

far

Gould Southwestern system,
It is scarcely worth while to review with over 5^ millions increase, and the Louisville & Nashsidered satisfactory.
at length the various influences of the year, favorable and ville with $1,800,000 increase.
In fact, all roads did betunfavorable, but a brief reference to them may be useful. tor than in the previous year, except where special forces
In the first half of the year the traffic on the railroads were at work to diminish receipts. For further details,
was swollen by the large volume of agricultural products we refer to the following table.
GROSS EARNINGS FROM JANtlART 1 TO DECEMBER 31.
going to market from the crops of 1880, which turned out
1879, this further

80 promisingly in
half of the year

all

sections of

greatly diminished because of

crops of

1881,

the country.

this class of traffic

In the last

in

this

year as they

Deereate,

Alabama Gt.

Soutli'n

Burl.

Cedar Rap.

Cairo

&

Caiiiula

St.

when

Louisville

work

elsewhere.

"With the melting

ations of

many roads. But probably these influences
much effect upon gross earnings, because

not exert as

did
the

delayed came forward later on, as they did upon
net earnings, where the loss sustained was very heavy by
reason of the unusual and extraordinary expenses incurred.

traffic

No...

Southern

Central Pacltic
Cliieaj^o & Alton

of the snov/ and ice in spring, there came heavy floods in
various sections, which seriously interfered with the oper-

&

Louis

good in the previous. The volume of general
freight was heavy and kept on expanding all the year
Passenger traffic was very favorable indeed,
through.
and on many roiids the earnings therefrom were larger
than ever before. In the winter months the roads all
over the country suffered from tlie severe weather, in the
Northwest especially, where some roads were completely
snowed in for days at a lime, and many of tho larger companies had to devote ail their energies to keeping their
main lines open, looking only to the branches and feeders

were

relieved of the

types, take ths

on the railroads was

the reduced outturn of the

which were as poor

behind.

Cliicago Milw.

Chicago

*fe

&

St.

Paul

Northwest

Chie.St.I'.Miun.ifeOMiatia.
Cin. Inil. St. L. <t Chic...

Vernon & Del
& Kio Grande
Des Moines Sc Ft. Dods;e*
Flint & Pero Marquette.
Great West'u o( Canada
Kan. City Ft. S. & Gulf..
Hannibal &. 8t. Joseph
Honst. E.,tW. Te.xas....
Clev. Mt.

.

Denver

.

.

Central (lU. line)
(la. leased lines).
& Spring!
Lake Erie & Western
Lake Shore & Mich. So..
111.

Do

Ind. Decatnr

ffe

.

NjvuhviUo...

.Memphis

& Charleston

Menipliis

Padueah

St

. .

So.'

Michigan Central
Milw. L. Shore & West'n.
.Mo. Kansas & Texast
MLssonri I'luitlo

Mobile AOIilo
NorfoUt & Western
Northern Paelfle
Oregon Railw.iy tc Nav..

Padueah

&. i;ii/..Tl)ethfn'

Peoria Dec.& Evansville.
8t.L.A.&T. H.Bialullue.

Do do (branches)
L. Iron Mt. k Soutli'u.
and more important than all, there was the war of St.
St. I/)uis it B. Francisco
Mimn. <k Man..
rates on both passenger and freight business, still in St. Paul
Scioto Valley
progress, which, though noMinally conined t* the great Texas A Pncltlo
Union PaclUo
.

Last,

.

east-and-west lines to the seaboard, affected indirectly all
the roads with which these have connections and many
others that

by

virtue of their position

had

to

meet the

liduced rates established by the trunk roads. In referring

Wabash

St. I.i.dcPac,..

Wlsoonslu Central ....
Total

Net
'
1

246,492,082! 213,815,373 31.198.193 1852,084

increiise

Three weeks only of December lu eacb yeaib
InoladlDg IntemaUonal * ttrvat Norltaarn.

32.'i4H.H>9!

1

THE CHRONICLE.

48
But while gross earnings

are thus quite generally satis-

factory, net earnings are not equally so.

The snow and

ice

[Vol.

XXXIV.

POLITICAL COMPLICATIONS IN EUROPE.

During the past week the news from Europe has been
a somewhat disquieting nature.
of
Considerable excitethe
enhanced
cost
of
labor,
maautumn,
and
and
summer
terial, and service, the entire year through, have left a deep ment is stated to have been occasioned by the publication
It is
impress upon the net receipts of all lines, which the returns of the rescript or decree of Emperor William.
In it the
that have already come to hand bear witness to in an beyond all question a reactionary document.
unmistakable manner. The reports of the Western Van- Emperor claims to be the fountain of all authority. His
The trunk right to direct the goTernment is restricted, not abrogated,
derbilt lines are fresh in the memory of all.
"It is my will," he says, "that in
line reports we reviewed at length last week. These latter by the constitution.
in
the
Prussia,
and
also
legislative bodies of the empire,
Since
30.
then
we
have had two
were to September
months later on the Penns)dvania, showing for October a no doubt will be allowed to attach to my constitutional
of last winter, the floods of the spring, the ruinous rates of

decrease of $333,362 in net and for

November an

increase

right,

or that of

my

successor, to

personally direct the

Grand Trunk with a decrease policy of the government." Ministers and all ofiBcials are
of £19,418 net in October and £8,811 in November; and expected to support the constitutional rights of the crown.
the Great Western with £16,870 decrease in net in The Emperor says he does not wish to interfere with the
October and £11,486 in November. It will be observed liberty of elections, but states that all ofiBcials must hold
that in every case the result is better for November aloof at elections from all agitation against the governIt is hardly to be wondered at that the London
than for October.
This is significant when taken in ment.

we have also

of $66,268;

the

connection with the advance

naintaiDed through the

Prom

in

the other trunk lines

rates

and

established

month.

half of the

later

we have no

figures

first

later

Daily News should regard the rescript as amounting to a
revolution from above, and should declare that in view of
the probable but as yet concealed designs of Prince Bis-

The Central and the Baltimore marck, it is well fitted to create uneasiness. It certainly
& Ohio do not furnish monthly reports, but Mr. seems to betoken an approaching dissolution of the German
Garrett's statement of the increased gross receipts of Parliament. A new general election may result in a more
the latter in December is referred to above. The obedient Parliament
but it may not. Then will come the
Erie does issue monthly returns, but as neither the difiBculty for the Emperor has distinctly stated that he
October nor the November report has yet been made expects, and that he will demand obedience. In such an
public, the inference drawn is that the results for those emergency, Europe is asking, does Prince Bismarck medimonths are not as favorable as could be wished. The tate another foreign war ?
Northern Central, a Pennsylvania line afiected by the
At the same time the affairs of Egypt having become
war, lost $170,335 net in Octoler and gained $16,854 in extremely criticaJ, it is announced that England and
November. We have, as utual, the gross and net earn- France have taken upon themselves the maintenance of
ings of a number of minor roads, but as these kave no the Khedive's authority as the only possible guarantee for
special bearing upon other roads, we need only allude to the preservation of order and the development and pros
them as being contained in the following table, which perity of the country. These two Powers state that they
includes all roads that will furnish monthly statements for are closely associated in their determination to prevent by
publication.
their united efEortsall causes of external and internal complications menacing the regime they have established in
OEOSS A>I> NET EAR>1NGS TO LATEST DATES.
than September 30.

;

;

It is hoped that this publicly expressed assurance
have the desired effect in warding ofif the threatened

Egypt.
January

GroM

OperaUna

Net

Qroaa

Bost.

».

Do

N. Y. Air Llne.IRSt

do

Barl. Cedar Rap.

Da

1880

&

N0..I8.SI

do
1880
Ohio
1881
Do
do
1880
CleT. Mt. Yarn. & Del.. 1881
Ctiesapeake

Do

&

do

1880

DeiMolneaAFt. D'ge.1881

Do

do

1880

Or. Trnnk of Csnaila....l981

Do

do

1880

Ot. West, of Canada.
Du.
do

. .

.1881

1880

Mem. Pad. & Northern 1881
Do
do
1880
Huh. Chat. A St. liOnis 1881
Do
do
1880
Morthem Central
1881
Do
do
1880
Penn.

lines east of
Krle)
1881
do
1830
PhU».AErte
1881
Do
do
1880

24,807
2S!,390

202,! 80
189,330
235,585
Ii40,71l5

38,;7S5,B98
33,057
30,080

141,128
183,522
33.448
29,688
24,653
13,576

£
103,478
]86,7i6
80,897
86,014

£

t

22,917
152,059
182,087
487.160
4S9,0S4

13,927
14,277
96,542
108,316
313,703
302,451

3.840.215
3,574,913
281,078
324.864

2,379.871
2.180.837
234,571
189,112

1,800,063
2,-503,200

2,458,300
338,,<)02

391,031
366.246
288,030

£

60,102
53,733

••;6,317

134,775

£

£

1.999,114
1,951,31

$

582,459
6.'J3,580

t

8,640
55,517
73,741

221.096
193,803
1.902,12H
1,373,427

173,457
156,603

4,967,074
4,558,07d

8,Sufl

t
136,454
144,283
B«3,4«8
655,648
807.103
608,102
4 5.0 JO
73,148

*
57,405
38,929

1.501,283
1,571,213

(all

A
Do

Pitta.

1.460,344 40,393.427 16.211.181
1,394,070 37,712.240 15.508,773
49,507
3,171,53'.
942,417
135,854
3.445.814 1,253.971

Jim. 1

October.

MAMI.
Cairo

Net

t
265,259
261,632
2,026,225

52,195
61,006
20.795
82,281

141,2S;
136,720

»
22,7ff?

t
18,153
13,015
66.516
63,709
84,462
57,273
4.729
6,010
10.989
17,404

8.744
0,373
135.664
125,621

to Date.

Eaminga EaminQS

Eaminijii Expenses. Earnings

t

1

Orou

Operating
Xet
Eaminffg Expenses. Eaminos.

A Bt. Lonia

1881
1880
1881
1680

Do
do
Iowa Central
Do
do
Uarq. HooKton & Oh. ..1881
Do
do
1880
K. r.

& New Bniland.. .1881

Pad.

& Eliubetht'n

Do
Do

do
do

1880
. . .

.1881

1880

f41.l)8«

42,884
94.012
103,735
101,738
«),836
281,199
215,491
56,659
41,492

«29.S08
32.514
81,575
61,699
36.438

Oross

Earning

Onxon B'r * Kar.
Po
do
• i**K9

Co. .1881
1880

$373,700
157.574

36.181

.298
,645
.358
,061

37,886

,273
,635

25,86'

«346.gl0
335,562

$50,606
70,503

442,968
328,991

112,881
81,385

January
Oross

Earnings

$173,400 $4,391,681
13.6.'«
3,338.008

this rear.

dangers.

If

unitedly and

it

should not, then England and France will

by

force of arms interfere.
Another piece of intelligence is equally suggestive.
For some time past the bonds of friendship between
Turkey on the one hand and Austria and Germany on the

have been drawing visibly closer. Quite recently
Turkish commissioners visited Vienna and Berlin and it
other,

;

now appears

that the mission has

been attended with the
The relations between Austria

most satisfactory results.
and the Porte, we are

told,

Germany has promised

to

are greatly improved

;

and

send more functionaries to

Turkey. Both Powers, it appears, have expressed their
determination to maintain the status quo in the East.
In these latter items of news we have revealed to us an
entirely

new phase

of

France and England

the Eastern question.

In

1854

Turkey against the
colossus of the north.
In 1878 it was the potent voice of
England that saved her from the humiliation and destruction implied in the treaty of San Stefano.
Now we have
England and France propping up the vice-regal throne of
the Khedive, one of the Sultan's vassals, and forbidding the Sultan to interfere and on the other
hand we have Germany and Austria practically taking
the Sultan and his empire under their protection.
Th«
change is much greater than at first sight appears. England for many generations was all powerful in Constantifought

for

;

Operating
Net
Expenses. Earnings

amvnnts were spent for renewals

Net

,467
,036

181.841
155,430

$200,300
143.889

Date.

EamUigt Earnings

,778
10,,170

December.

Vaum.

to

Oross

will

I

1 to Date-,

Now, for a rariety of reasons, but mainly in
consequence of the action she has taken in Egypt, site is

nople.

.

jAKCAni U,

;

.

.
-

..

..

THE CHRONICLE.

1882.J

49
=%4

comparativoly powerless. After England caino France
but France has lost favor at tho Porte since the invasion
Til© power onco wielded by England at the
of Tunis.

Porte

nni.D

1881 .—Exports— Dom.— Gold

now wielded by Germany; and Austria has
The situation is entirely
into the place of France.

In

$612,710

• 1. 735,237

0.30,160

4.193,943
217,211

12.375,211

r5£:i.2il9

3^3 1 5,3^4

l,-2'U4V571»,

$6,807,1 12

i»18,302,'704'

$3,059,202

$2-l,19;),:i81

$57,682,100

117,118
150.305

Tohd
Importa— Oold

.

n«V2.M0l

Silver.

any seiioua complications with
Total
Excess of Import* over ex jiorts
Russia, Turkey will not look as before to France and Excess of exports over
imiiorts
England, but to Germany and Austria. In the event of 1880.— Exports— Dom.— Gold
do Silver..
any combined attempt being made on Egypt or upon
new.

MA,300

.

do
Silver..
Foreign— Qold
do StiTor.

is

stepped

AMD RILVBn—OOIH AND OnLLKM.

tko event of

.

Tunis, the presumption

is

that the Sultan

and

Foreign— Oold
du Silver..

his allies
Total

would encounter tho united forces of England and France.
are not disposed to see either in the Egyptian

Wo

arrancement, or in the arrangement between Austria and

(Jermany and Turkey, or in the decres of Emperor 'WilThere are, however,
liam, any immediate war purpose.
The Constantinople correspondent of the
those who do.

London Times has

told us that as the result of the mission

Imports— Oold
BUver

$3,721,342
$2,426,703

$201,714
339,484
16,045
406,665
$1,226,908

h76,>.02

3,08 1, 0-*!! _ _7.H3:>.i8tl
$31, -275,370 $«r.,.'.2l,.'.,8t»

$21,108,228

$17,218,882

$3.'>4,012

$979,C7a

3,190,703
09,427
2,124,694
$5,918,736
$34,018,167
4,494,422

5,067,709
1,024,209
5.151,761

$0,505,391
1 ,046,382
$10,601,773 ^58,512,578

Total
Excess of exports over imports $
Excess of Imports over exports "0,374,865

10,363,848
$67,489,020

*
52.593,842

COW AND

TOTAL MKItCUAyDUB.

$14.0-23,352
$57,1"25,172

53.485.668

nCLLIOK.

$60,348,844 $320,993,886 $7.53,376,189
21,402,563
7.991,668
2,005,789
Foi-eign .
$71,354.6-33 $337,985,551 S774.778,753
Total
60,381,957 316,785,065 078.388,931
Imports
Excess of exports over imports $10,972,676 $121,200,489 $96,3^9,801
Excess of Imports over exports

1881.— EKports—Domestic

.

.

•

was confidently expected at the Palace that
Germany and Turkey would conclude an offensive and
$82,398,028 $376,233,756 $635,448,115
It was matter of common talk that 1880.— Exports— Bomestlc ..
defensive alliance.
19,368,415
l,837.00f
7,836,476
Foreign
on
attack
combined
was
a
$34,235,028 >J84, 078,232 $804,816,560
alliance
Total
the object of the
37,710,Cl"~ 320,473,851 716,920,511
Imports
Franco next spring, Germany attacking on the Rhine Excess of exports over Imports $26,524,361 $57,604,381 $»7,896,04»
fear
exports
Excess
imports
over
of
and Turkey in Northern Africa. Nor was there any
The following is a statement showing, by principal customs
as to the result. The French would not only be driven
from Africa and the Sultan rule from the Nile to districts, the values of merchandise imported into and exported
from the United States daring the month of November. 1881:
the Atlantic, but France also would be dismembered.
wild
such
any
believe
that
cannot
Foreign
"We certainly
Domestic
Imports.
Customs Districts.
Export*.
Exports.
dreams are indulged in either by the bultan or by
$1,649
Prince Bismarck, and yet one cannot close one's eyes to the B.altiraore, Md
$1,288,671 $3,254,053
18,202
65,465
Bangor, Maine
drift and tendency of the various Powers at the moment. Boston,
39,923
5,240,066
4,8.57,613
&e.. Mass
20,303
67,675
61,609
It is no longer doubtful that France end England mean to Brazos, &e., Texas
89,775
492
Brunswick, Ga
"103
They
Africa.
Northern
whole
of
the
them
control between
28,453
984,091
Bufliilo Creek, N. Y
23,909
31.765
have taken a hold, and they will not readily let go. In Cape Vincent, N. Y
"3,*b6
198,257
385,250
Champlain, N. Y
2,792,177
time Egypt will fall into the hands of England, and the Charleston, S. C
124.061
48',i65
144,247
348,783
Chicago,
111
This
Khedive will rule as a vassal of the British crown.
105,973
152,686
102.254
Corpus Christ!, Texas

to Berlin,

it

.

joint

action

supremacy

is

in

the

first

Egypt

is

alliance with Turkey, or

intimation that the Saltan's
An Austro-German
ended.

an Austro-German protectorate,

.

Cuyahoga, Ohio
Detroit. Mich
FeruaudJua, Fla
Galveston, Texas

N. Y.
Not Eussia Genesee,
Huron, Mich
Florida
Key
West,
Turk.
but Austria is to fill up the place vacated by the
Miami, Ohio
The final collapse of Turkey is to be a gain to tke German, Minnesota. Minn
is

It points to the end.

equally suggestive.

Mobile, .Ma

not to the Sclave.

New Orleans, La

N. Y
Niagara, N. Y
Norfolk, &c.. Va
Oregon, Oregon
Oswegatchie, N. Y
Oswego, N. Y

NewYork,

IMPORTS AND EXPORTS FOR NOVEMBER,
AND FOR THE FIVE AND ELEVEN

MONTHS ENDED NOV.
by the Bureau

[Prepiired

30, 1881.

Passnmaquoddy,

of Statistics.]

given the fifth monthly statement for the fiscal
year 1881-82 of the imports and exports of the United States.
The excess of exports of merchandise was as follows:
$13,399,430
Month ended November 30, 1881
35,89!', 2'26
Mouth cndcil N'ovcniber 30, 1880
45.608,717
Five uioutU« ended November 30, 18S1
110,198,223
1880
November
30,
Five months ended
143,e0S,B83
Bleven month.i ended November 30, 1881
141,361,717
Eleven mouths ended November 30, 1880
195,l-23,-il3
Twelve months ended November 30, 1881
1880
162,038,759
November
mouths
ended
30,
Twelve
The excess of imports of gold and silver com and bullion

Below

is

was as follows:
$2,426,763
Month ended November 30, 1881
9,374,865
Month eudcd November 30, 1880
24,408. -228
Five mouths ended November 30, 1881
53,593,842
Five mouths ended NoTwuber 30, 1880
47,-21S,8S2
Hleveu months ended November 30. 1881
5;i,46.'),668
E.oveu months ended November 30, 1880
62.983,036
Twelve months ended November 30. 1881
59,342,990
Twelve mouths ended November 30, 1880
The total values of imports and of domestic and foreign
•xports for the month of Nov., 1881, and for the fire and
eleven months ended Nov. 30, 1881 and 1880, respectively, are
presented in the following tables
(Corrected to December 23, 1881.1
:

MEKCnAKDISK.

Xoc.

5
mos ended

For the 11
mos. ended

Xov. 30.

Nov. 30.

For

the

1881 .—Exports— Dom estlc

$63,321,988 $324,837,22 $739,265,721
17,210,327
1,738.066
6.231.185
$70,060,034 $331.1-18,412 $756,476,043
Total
56,660,615 283..'^09,flP5 612,867.365
Imiiorts
Excess ot exports over imports $13,399,439 $45,608,717 $143,608,683
Sxoeas ol Importa over exports
Foreign

.

1880.— Exports—Domestic

$81,653,830 $372,434,141 .$778,500,763
12.292,445
l,35».-29f
5,615,355
Total
$83,008,120 $378,l-29,<96 ^(90,793,208
47,108,s94 267,93 1.2~:j 649,431,4»1
Tmiiorts
Excess of exports ever Imports $35,899,-2-2« $110,l»8,22;j $141,361,717
Excaggot Import* oyer exports

Foreign

.

.

25,450
124,603
64,695
1,262,846
45.622
783,070
24,347
24,934
252.321
247,960
7,538,245
26,197,626

2-2,214

109,670
5,309

2,963,310
379,192
41,729
166,015
28,247
159,551
3,530,593
120,440
54,777

17,548
22.059
3,506,914
49,789
674,000
48,218
7.526
214,190

157,459
37,888
205,012
6,158,414
3,497,162
152,594
1,090,299
845,002
132,840

44
279,945
2,393,738
69,203
15,309

Me

Pensacola, Fia
Philadelphia, Pa
Portland, &c., Me

1.760,161

Pugct Sound, W. T
Richmond, Va
Texas
San Diego, Cal
8au Francisco, Cal
Savannah, Ga
Vermont, Vt
Willamette, Oregon
Wilmington, N. C
All other customs districts.
Saluria.

15.324

35,744

18,944
1,360,443

245

62s
26,975

23
6.839
51,641

231
2,12»

039

$56,660,615 $08.321,988 $1,738,068

Totals

pP0ttCtat:gf ®0mm«rctaIlttflIisIx ^.cwjs
RATES OF KXCHANGB AT LONDON AND ON LONDOU
AT LATEST DATES.
SXOHAlfaE AT LONDOK-Dee.

OnAmsterdam

.

Amstei-fVam

31.|

RaU.

Time.

Frankfort..

•20-70

Vienna

12-05

sxcHAifaE
Latest
Date.

Time.

lokdoh.
Sale.

Dec. 30 Short.

1212««

Dec" 'so

25-'27

a 20-75
•»20-75

Deo. 30
Dec. 30
Dec. 30

®20-75

Short.
*4

18-45 ®18-50
Copenhagen.
Oeci'30 siioVt.
24's324»i
St.Hetcrs'bg.
-825-30
Dec. 30 Short,
23-20
Short.
Paris...
23-.57»9»-25-62l2
3 mos.
Paris
Deo. "30 sii'ort.

al2-07>s

20-44
20-44
20-41
25-"24«»

li's-do

46!>||34638

Madi-id

46'>83463e

Cadiz

26-17J9»26-25
SlOgaSlis

Genoa
Usbou
Alexandria
Sew York...

.

Bombay

otr

»25-65

3 mos. I2-514 312-5%
Short. 1221a al2-3>9

Antwerp.... 3 mos. 25-60
20-70
Hamburg
20-70
Berlin
. .

For the
month of

32,925
437,335
45
662,322
124,431
393,629
26,775
52,913
221,482
140.534
952,642
35,747,115
417,576

....

CalcutU

Hong Kong..
9ha^^luu

Dec. SO s'liuM.

Oeoi 30 Short.
Dec. 30

Dec 30
Dec. 80
Dec. 30

23-45
4-7s)'4
Is.

8MU

l8.81,rfL

3^»^<L
8*1^1.

—

.

:

:

THE CHRONICLE.

^0

[voh.

xxnv.

quite of a holiday character, and any improvement can b«
fFrom our own correspondent.
London, Saturday, Dec. 24, 1881.
scarcely expected to take place until we have fairly entered
The approach of the holidays and of the close of the year upon the business of the new year. The quantity of wheat
in nearly every afloat remains large, but the visible supply in the United States
Tias had the effect of restricting business
department, but the tone has remained good, and there are is considerably below that of last year, and a diminished
remunerative trade in export from that country is anticipated. There are, however,
still prospects of a good general and
1882. There has, as usual towards the close of the year, been large supplies to be worked off ; but our requirements are
an improved and astive demand for money, and loans have great, and there is now reason to expect that the deliveries on
been in request for short periods at about 5 per cent per the part of British farmers will soon begin to fall off. Wheat,
annum, while the rate of discount in the open market for three however, is 10s. per quarter cheaper than it was at the commonths' bills is 4)^ to 4% per cent. The Bank rate remains at mencement of the season, and prices being now at a low point,
there is foreign producers may be expected to restrict the extent of
5 per cent and no immediate change is anticipated; but
of the their exports. Our importations of^Australian wheat, owing to
still every reason to believe that during the early part
new year the value of money will be very well supported. This last season's poor crop, have fallen off considerably ; but our
I

return exhibits but few changes. The principal
an increse of £914,508 in " other securities," which
The
is not a very important change at this period of the year.
loan and discount business of the Bank of England during the
week is understood, however, to have been very heavy, large
repayments having been made by the Stock Exchange. The
Treasury balance has been augmented by £922,732, and on and
after the 1st of January there will be a large increase under

Bank

week's

alteration

is

that head, as the greater portion of the Imperial taxes will fall
due. The Bank of England, therefore, will soon have a large
amount of control over the money market, and the outside rates
of discount are likely to be advanced more closely to those
The supply of gold held by the Bank has
•officially quoted.
diminished, though only to the extent of £41,635, a small lot
of coin having on balance been returned from provincial circuCoin has come back from Scotland in about the usual
lation.

proportions ; bnt, owing to thejholiday and other requirements,
the circulation in England has been augmented. Gold is in
moderate demand for exportation, but no material feature has
manifested itself during the week; and the fact remains that
the Bank of England is not likely to replenish its diminished
store at any rapid rate. A continuance of the present rates of
discount is therefore expected. The following are the present
quotations for money
Per

Bank

3 months'

The

Open market rates—

coit.

rate

4iflS)l'8

mail's

bills

Per cent

4moutlis' baiLk bills
mail's
l^aSiSg
6 mouths' bank bills
4 & 6 montlis' trade bills. 5 'Sib^

5

Open-market rates
30 and 60 days' bllla

I

by the joint-stock banks and
discount houses for deposits are without further change, and
are as follows
rates of interest allowed

:

Percent.
Joint-stock banks
Discount houses at call
do
with notice of withdrawal

The proportion

313

4
414

of reserve to liabilities at the

Bank

is

now

from India have been upon a large scale. The quality
and condition of Indian wheat have improved considerably of
late years, and the produce is now very valuable for mixing
purposes. Indian growers and merchants have been holding
the crop gathered in this year, in the expectation that by so
doing it could be marketed to better advantage in this country,
or on the Continent but the progressive and almost uninterrupted decline in values in the British markets during the past
autumn has thus far frustrated their plans, and large supplies
of produce are now coming forward, and are arriving freely at
our ports. Russia has, for some weeks past, been supplying
some of the Continental markets freely, and our own receipts
from that country have been upon a larger scale. The bulk of
the Indian supplies has been forwarded therefore to this country,
and has helped temporarily to raise the supply above the
demand. The lower range of prices current, however, and the
prospect which now exists of severer weather, are calculated
to restrict supplies, and it would occasion no surprise if the
wheat had assumed a firmer tone early in the new year.
Russian ports are now clssed to navigation for the season, and
prices are not sufficiently tempting to lead to any active movement by rail.
During the week ended Dec. 17, the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 43,655 quarters, against 42,589 quarters last year
and 41,787 quarters in 1879; while it is computed that they
were in the whole kingdom 174,620 quarters, against 170,500
quarters and 167,150 quarters. Since harvest the sales in the 150
principal markets have amounted to 773,155 quarters, against
698,315 quarters and 488,016 quarters; the estimate for the whole
kingdom being 3,092,620 quarters, against 2,793,260 quarters in
1880 and 1,953,350 quarters in 1879. Without reckoning the
supplies of produce furnished ex-granary at the commencement
receipts

;

e.stimated that the following quantities of
have been placed on the British markets since
The visible supply of wheat in the United States is

of the season,

38 '63 per cent, against 39'81 per cent last week.
Annexed is a statement showing the present position of the

harvest.

Bank

also given

of England, the

Bank

rate of discount, the price of con-

the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second
quality, and the Bankers' Clearing House return, compared
with the four previous years.

sols,

1881.

1880.

£
^rooUtlon
PubUc deposits

23,224,20.')

Other deposits

22,104,808
13,243.961
22,324,487
11,276,942

Govcmm't
Other

6.580,99(r

securities.

fjfscuritles

1879.

1878.

£

£

£

26,117,325
8,601,812
23,673,028
14,365,119
21,816,707
13,624,674

27,234,935
5,196,209
23,015,331
15,H43,584
20,299,840
15,189,757

33,110.790
5,577.109
27,872,395
14,235,394
27.906,355
9,342,285

wheat and

1881.
Imports of wheat. cwt. 20,112,324
Imports of flour
2,363.847
Sales

of

10%d.

The following are the current

10%d.

Siad.

96,084,000

65,951,000

lOSid.

rates of discount at the lead-

ing foreign centres.

Paris
Brussels

Amsterdam
Berlin

Hamburg
Frankfort

Tlenna

The

Bank

Open

rate.

market.

Pr.U.
5
514
4>a

PC5

Bank
rate.

^- «<•

<"•

S^

4M

5
5
5

4''83i5

4

3''a

4''9»5

4%»''8

&

other

Spanish

cities

4

Petersburg...

6
6
5

Madrid
St.

Geneva
Genoa
Copenhagen
Calcutta

4
8

Open
tnarJcel

Pr.

et.

1879.
24,857,212
3,887,698

1878.
17.026,789
2,391,524

home-grown
13.401,500

12,101,120

8,620,100

16,484,200

Total

35,877,671

38,492,097

37,365,040

S5,902,»13

Deduct

exports

or

350,109

558,890

347,091

734,127

35,527,562

37,933,207

37,017,949

35,168,386

wheat for season (qr.)
483. Od.
Visible supply of wheat
in the U. 8.... bush. 18,500,000

42s. 8d.

483. Od.

flour

Result

Av'ge price of English
41.-'.

4d.

28,600,000

The following return shows the exWnt of the imports and
exports of grain into and from the United Kingdom during the
first seventeen weeks of the season, compared with the corresponding period in the three previous seasons.

.

So. 40 Mule twist

<Sear'K-hou80 return .149,917,000 142,962.000

1880.
20,844,877
5,543,100

produce

wheat and

Res've of notes & coin.
Coin and bullion In
both departments.. 20,751,205 24,741,999 27,424,692 27,483,075
Proportion of reserve
to liabilities
38-63
Bank rate
5 p. c.
3 p. 0.
3 p. o.
5 p. c.
Oonsohi
99%
9714
93^
9458 X d.
£nK. wheat, av. price.
44s. 9d.
428. 8d.
463. 6d.
40s. 8d,
Mid. Upland cotton .
6'6i9d.
5d.

it is

flour

WTieat
Barley

Oats
Peas

Beans
Indian
Flour

com

lUPORTS.
1830.
1881.
OWt. 20,112,321 20,844.817
5,543.100
4,863,585
3,640,619
4,221,812
799,081
1,031,017
787,369
506,199
8,719,134 12,15.«,520
4,087,143
2,363,847

1879.
24,857,242
6,558,131
5,671,588
918,758
919,190
7,303,105
3,887,698

1878.
17,026,789
4,983,683
4,375,914
660,148
504,380
10,455,858
2,391,524

EXPOET8.
5

GH
5®5>fl
4^
313

1881.

Wheat
Barley
Oats
Peas.

Beans

cwt.

303,678
24,354
280,224
26,911
12,515
63,414
46,431

1880.

504,878
3,758
184,388
35,688
14,620
126,817
54,012

1879.
303,599
6,317
20,828
58,339
12,708
331,729
43.492

1878.

703,509
56,673
37,475
6.94S
2,832

99,111
market has been quiet but steady. Fine bare are Indian corn.
30,618
quoted at 51%d. and Mexican dollars at 50Md. per ounce. A Flour
conference is about to be held under influential auspices to
disLondon, Saturday, December 31, 1881.
CUM th« question of bi-metalltem, and the matter will early in
Considering that this has been the closing week of the year,
the new year be again thoroughly ventilated.
that balance sheets have been undergoing preparation, and
The trade for wheat during the past week has partaken
that it has also been a holiday season, a fair amount of activity
silver

:

Jakoabt

H m<

THE CHROiVlCLE.

J

has maoifested itself, and hopes are still entertained that the
new year will be a proMperoas one. On the Stock Exchange a
ery firm tone has been apparent, [and the value, both of
British

railway shares and of foreign government securities,

thoagh principally uf the former, has been improving beyond
Six failures have, however, taken place in connec-

expectation.

«

.

51

Annexed is a statement showing the present position of
tb«
Bank of England, the Bank rate of discount, the priee of oonaola,
the average quotation for English wheat, the price of
middling
upland cotton, and of No. 40 male twist, fair 2d quality, and
the
Bankers' aearing House retom, compared with the
three previous years
:

which was commenced on Tuesday,
18»I.
1880.
1879.
Jan 1, 187»
Circulation, exolnda
«
and which terminated on Thursday. They have not been for
Inx Bank iwst bills.
10,870 26.320,910 27,634.235 32,782,010
8,318,057
large amounts, the defaulters being weak.operatore in American Public deposits
8,025,508
8,029,128
4.940.137
Other doiWHltn
24,231.162 24,818,182 29,969,749
railroad bonds and in mining shares.
Oovonun't securltlea. 1U,243,9«1 14,369,019 16,987.694 31,1!S.79»J
14,720,223
mu'iirillcj)
2»,589.S.V2 24,010,844 24.29.5.928 29,119.440
The course of prices on the Stock Exchange daring the last Othor
Res'vu of iiotcji it coin 10,556,124 12,918,076 14,907,327
10,300,351
few days certainly indicates that great hopes are entertained Coin and bullion In
both (IcpartnicnU.. 20,316,n94 24,238,010 27,601,562
28.088,361
with regard to the future. The accounts of the principal Bank rale
5 p. c.
3 p. c.
3 p. 0.
90<«x. d.
99x. d.
97%
British railway companies for the half-year ended to-day Cousols
Edk. wheat, av. ^ce
44s. 4d.
42h. 8d.
47s. 1<L
39a. 9d.
will be very satisfactory, and in some cases an increased dis- Mid. Upland cotton
e>l,«d.
fl'»i«d.
M.
No. 40 mulo twist
I0>£d.
lO^d.
lOM.
8iad.
tribution of net earnings is anticipated. Some improvement of CloarlUK-Uouse ret'n.
85,066,000 70,398,000 00,062.0C0 88,837,000
dividend has no doubt been discounted by speculators, but as Proportion of reserve
toUablUtles
3i-30
the value of railway shares is still rising, we may infer that the
The trade for cereal produce daring the Vireek, as usaal
Stock Exchange holds to the opinion that the trade of the
country in 1882 will be sufficiently active and prosperous to add daring the holiday season, has been very quiet, but the tone
to the prosperity of the railway companies. The belief is very has been steady for wheat and Indian com. A steady business
general that the process of improvement in trade which has for consumption is expected in the course of a few days. The
been going on since this time last year will continue, and there following are the quantities of produce afloat: Wheat, 2,823,
is no reason for dLsputing it; but it must be tx>me in mind that 000 qrs.; flour, equal to 118,000 qrs., against 2,090,000 qrs. of
we shall have a higher rate of discount in 1882 than in 1881, wheat and 106,000 qrs. of flour last year.
During the week ended Dec. 24 the sales of home-grown
and this fact is calculated to produce caation among the merwheat in the 150 principal markets of England and Wales
cantile classes.
An advance in the Bank rate to six per cent would obviou.sly amounted to 46,226 quarters, against 41,988 quarters last year
a flfect trade considerably but there is no immediate prospect and 47,048 quarters in 1879 ; while it is computed that they
of any such change being made. At the same time there are were iu the whole kingdom 185,000 quarters, against 168,000
no reasons for believing that the directors of the Bank of Eng- quarters and 188,200 quarters. Since harvest the sales in the
land will find themselves in a position to reduce the current 150 principal markets have been 819,381 quarters, against 740.the estimate for the whole
rate, and, consequently, the impression is that the money 303 quarters and 535,064 quarters
market will remain much in its present condition for some kingdom being 3,277,530 quarters, against 2,961,210 quarters
time to come. Should this prove so, ample opportunities will and 2,141,540 quarters in the two previous seasons, respectively.
present themselves for conducting a sound and legitimate Without reckoning the supplies of produce furnished ex-grantrade. This is more to be desired than those spasmodic leaps ary at the commencement of the season, it is estimated that
and bounds which so frequently lead to confusion. If there is the following quantities of wheat and flour have been placed
as much improvement in 1882 over 1881 as there has been in on the British markets since harvest. The visible supply in
the United States is also given
1881 compared with 1880, the country ought to be satisfied.
Much will, no doubt, depend upon the result of the British
1831.
1880.
1879.
1878.
of wheat. cwt. 20,875,532 21,455,171 25,697,908 17,752,129
harvest.
The yield of agricultural produce this year was Imports
Imports of flour
2,450,962
4,291,517
4,110,612
2,568,408
decidedly larger than in the previous year, though there was Sales of home-grown
produce
14,202,600 12,7i)3,GO0
9,435,310 17,441,000
some disappointment with regard to cereals. The position of
Total
37,532,094 38,545,288 39,243,830 37,701,597
the agricultural classes has improved to a moderate extent, but
Deduct
exports
of
S position of average prosperity is still probably remote. With
wheat and floor
372,890
587,043
358,758
762,262
a small recovery, however, in the agricultural position, the
Result..... ^.......37,159,201 37,958,240 38,835,072 37,009,335
home trade has much improved and it may naturally be AvVe iirico of English
wlicat for season (qr).
488. Od.
428. 9d.
48s. Od.
41s. 3d.
inferred, therefore, that a series of good harvests would have
Visible supply in Unit'd
States
bush. 1 8,200,000 29,800,000 28,634.360
very beneficial results. As far as can be ascertained at present,
The following return shows the extent of the imports and
the agricultural prospect is a good one. The time for planting wheat and winter com was about the best known, and the exports of cereal produce into and from the United Kingdom
farmers say that they had excellent opportunities of cleaning during the first eighteen weeks of the season, compared with
the soil. There are, as is well known, many farms unculti- the corresponding period in the three previous seasons
vated, or ill-cultivated, which is a serious drawback
but at
reduced rents, they are being taken up. and they may be made
1881. I
1830.
1879.
1878.
cwt. 20,878.532 21,45,5,171 25,697,908 17.752,129
to pay, if we should have propitious weather for a few seasons. Wlicat
Barley
5,075,313
6,707,405
5,783.966
5.327,304
Money was much wanted in the early part of the week, five Oats
3,791,586
4,407,315
5,897,930
4,528,889
Pens
973,418
804,931
1,101,661
676,826
per cent being asked for loans for short periods, while the rate Beans
528,909
834,770
1,043,305
511,706
7,604,2(i6 10,749,710
8,922,603 12,902,595
of discount for three months' bank bills in the open market Indian com
Flour
2,450,962
4,110,012
4,291,517
2,508,468
was 4?4@4% per cent. The inquiry, however, now that the
tion with the settlement

2,'5..'i

.

;

;

:

;

:

;

,

requirements of the country usual at the close of the year
satisfied, has perceptibly abated, and short loans are
obtainable at about 4^ per cent. The rates of discount are

have been

now as
Bonk

S^„

follnvts

Wheat

Beans

:

rereej**.

,....„

5

**,:••:

^,;',',i'rn'"i "*??::;,

,,

..

Open-market rates—
4 nionths- bank lulls
C montW hank Wns

Fer cent.
488a<t%

Indian corn
Flour

rates of interest allowed

by the joint-stock banks and

discount houses for deposits are as follows:

''"

Joint-stock banks
Disvounl houses at call
Do
with notice

The following are the

**i'''
'.".'.".

money current

Vienna

market,
rr.

Paris
Bnissels
Amst^^nliun.-..
Berlin

Prankfort
Hamliurg,,,,

rate.

5
•i

414

6

"

4"

4 '8

Madrid
Other

41a

cities

5
n
&
3'9

Bank

Open

rate.

market.

Pr.et.

el.

5

719,653
50,965
42,817
7,377
2.89S
105,913
32,609

market Report*— Per Cable.

daily closing quotations for securities, &c., at Iiondon
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending January 13 :

London.
per OS
rf.
Consols for money
Consols for account
Fr'ch rentes (In Paris) fr.
U. S. 5s ezt'n'd Into 3>«s
U. a. 4>«a of 1891

Silver,

0:>en

314,870
6,642
24,384
58,724
13,263
347,164
43,888

The

X\

at the prin-

cipal foreign centres

Sank

8,129
196,157
36,146
15,854
128,830
56,098

lia
.'.'.'.'.'.'.'.'.'.'.'.'.'.'.'.'.'.'.

rates for

530,350

4=;»4^
EnKllsti

The

325.704
26,398
299,927
28,933
13,197
03,157
49,186

cwt.

Barley
Oats
Peas

4

Pr.

el.

5

Sranlsh

8t.Per«r(batK...

Geneva
Qenoa
Copenhagen

5

6

6
5

4

a.8.4«of 1907

common

stock
niinuls Central
Brie,

Sat.

52

Uon.

Tues.

52

52

99IS1S
lOOig
I005|g loo^
84-70 84-45
105 ><
105U
I17>a
117>a
120%
121
40>ii

132)3
a\
62%
S«5>9 Pennsylvania
Philadelphia & Reading. 33:3
4%
New York Central
134>s
319

40%
133
63
34>«
134

Wed.

TKurt.

521,
9913,4 09llJ« 100>8
lOOie
100 >4 lOOi.e
84-10 84-17>« 84-2*

105

117>«

117>«
1201s
41>4

U?^

133 >a

134
63 V|
33!%
13G

419)9

133

62%
33%
135

62'8

33%
135

100%
100<it

84-U
U7i«
iao%

Xl03>9 1031*

105

120%

FH.
521,8

120%
41>4

43 Is

136l«

64
33<la

1371*

IHE CHROWK^LE.

62
Mon.

Sat.

Liverpool.

Wed.

Tues.

Thurs.

Fr!.

[Vol.

New York West Shore &

Bnffiilo.

—At

XXXIV.

the annual

meeting

of stockholders the following directors were elected General
Horace Porter, John J. McCook, H. Victor Newcomb, Michael
P. Grace, R. T. Wilson, Henry K, McHarg, Charles J. Cauda,
George G. Nevers, J. B. Page and John L. Nisbet.
At the annual meeting of the stockholders of the North River
Construction Company the directors elected were Edward F.
Winslow, Henry Villard, Geo. M. Pullman, Charles F. Woerishoffer, William Adams, Thomas C. Clarke, Conrad M. Jordan,
Howard Mansfield and Henry J. Cullen, Jr.
:

.

Flonr (ex. State.. 100 lb. 14
"
10
1, wh.

Wheat, No.

"
"
Wiutur, We8t.,n
"
Oal. white
"
Ooni. mix.. West.
Pork. We»l. mum. S bbl
Banoii, louK clear, uew..
Beef, pr. meas, new,|*tc.
Lanl. pilule West. ^ cwt.
Cheese. Am. ehoice. new
8iu'lu^, No. 2...

.

It.

».

d.

».

O

'.4

O

7
9

10
10
10

7

14
10
10
10

d.

7

9
9
10
!)
9
10 9
10
6
6
10
10 6
5 lO's 5 101s 5 lOifi

72
17

HO
6
65
.-J

O

72
47
90
36
65

s.

a.

t.

14
10
10
10
10
5

7
9
y
6

14
10
10
10
10
5

72
47

1)

10^

72
47
6

7

9
9
6

10%

5 lOia

72
40

7-2

90
56 6

ilO

36

d.

47
90

6

90

63

ti5

—

NiTiosAii Ba3(S3. The following national banks liave been
organized
2,610-Tho SaUmancii Nation,il Bank, Salamanca, N. Y. Capital.
$50,000. Albert G. Dow, President Warren Dow, Cashier.
2,611— The Fourth National Bank of Grand Rapiils, Mich. Capital,
;

A. B. Watson, President; I. M. Weston, Cashier.
2,612— The People's National Bank of I,awrenceburgli, Ind. Capital,
.$110,000. Win. Probaseo, President; Peter Brawn, Cashier.
2,613—The Citizen's National Bank of Kansas City, Mo. Capital,
¥200,000. Joseph A. Cooper, President; Attis A. Whipple,

•2 8,000.

(Cashier.

of Albuquerque, Territory of New
Mariano 8. Otero, President;
•Mexico.
Capital, $50,000.
Daniel Geary, Cashier.
lecatiou of "The Blue Hill National Bank of Dorcliester," Boston,
Mas"., has been changed to Milton, Mass. It is now "The Blue
Hill Natioual Bank of Milton," Mass.

2,614— The First National Bank

The

—

iMPOETa ASD Exports for the Week. The imports of last
week, ootapared with hose of the preceding week, show
an increase in both dry goods and general merchandise.
The total imports were $7,800,733, a.^ainst $6,929 597 the preceding week and $10,516,630 two weeks previoas. The exports
for the week ended Jan. 10 amounted to $3,940,134, against
J6,395,100 last week and J4.613,i32 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Jan. 5 and for the week ending (for general
merchandise) Jan. 6; also totals since January 1, 1881:

1S79.

Dry ^ods
Total
Since Jan.

1S80.

1882.

.«642,27-

$2.113,>l]2

1,586,201

4.801.637

$1,742,043
5.061,469

$2,089,035
5,771,703

$2,228,482

0,915,599

$6,803,512

$7,860,738

$1,919.09
4,577,217

$3,493,400
11.283.188

$1,742,013
5.001,409

$2.0^9,035
5,771,703

$6,803,512

$7,860,738

,

Gen'liner'dise.

1.

Dry goods
Oen'lmer'dise..

*6 496 314

Total

$14,778,58

WhePling & Lake Erie— Cleveland & Marietta.— A report
from Cleveland, Ohio, says, on apparently reliable authority,
that an agreement of consolidation has been consummated between the Wheeling & Lake Erie, the Cleveland & Marietta and
the Cuyahoga Valley railways. The terms have not yet been
announced, but will be made public in a few days. This eomIsination would unite over 300 miles of road by the extension of
tlie Valley Road to Canal Dover, with termini at Wheeling and
Marietta, on the Ohio River, and at Cleveland, Huron and
Toledo, on the Lake.

—

The old .Sitna Insurance Company of Hartford, publishes
in the advertising columns of the Chuonicle its annual statement of assets, to which particular attention is directed. To the
mercantile community, and business men generally, this method
of showing in detail what property the company owns as secuThe j^tiia has a
rity for its risks will be highly commended.
record surpassed by nj other United States
pany.

— Attention

called to the statement of the Home Insurance
Chronicle. This company ranks among our
largest and most substantial fire companies, as a net surplus
of $1,800,180 would alone indicate. The company, notwithstanding the heavy fire record of the year, pays its stockholders
5 per cent dividend, half yearly.

Company

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 the
week ending Jan. 10, and from January 1 to date
:

EXPORTS FROM NEW YORK FOR THE WEEK.

For the week...
Prev. reported
Tot. since .Tan.

1880.

«4.2 17.380

—

328, assay value.

The new board of directors of the Continental National
Bank is published in to-day's Chronicle. Many of the gentlemen constituting the board are well known as among our
wealthiest and best qualified business men.

—The Homestake

Mining Company of Dakota has declared
dividend— being $30,000 for the month of
payable
at
Wells, Fargo & Co.'s on the 25th inst.
December,
Transfer books close on the 20th inst.

its

.

1

1882.

4,429,575

5.906,669

$6,772,531
7,618,933

*S,676 9")o

*10.904.826

$14,4'21,524

—

forty-tirst

—The

Deadwooi-Terra Mining Co, of Dakota, announces
monthly dividend of '830,000, payable at
Wells, Fargo & Co.'s, 65 Broadway, on the 20th inst. Transfers
close on the 14th.
fourteenth

—

Attention is called to the statements of the Metropolitan
This is one of the
National Bank in to-day's Chronicle.
largest banks in the city, and reports now a surplus fund of
$1,200,000.

1881.

$4,998.1.57

is

in the

The Ontario Silver Mining Company has declared its usual
monthly dividend of $75,000, making a total to date of
$4,025,000, payable at Wells, Fargo & Co.'s, 65 Broadwa.y, on
the 16th inst. Transfer books close on the 10th inst. The
product of the mine for thirty days in December w.a8 $21 7,-

its

1879.

insurance com-

fire

—

FOREIGN IMPOKTS AT NiiW YORK.
jPor Week.

;

$5,910,134

$5,940,134

—

Mr. Lathrop R. Bacon has become a member of the firm of
Clark & Bacon, bankers and brokers. No. 3 Pine street.

BANKING AND FINANCIAL.

The

following table shows the exports and imports of specie
at, the port of New York for the week ending Jan, 7, and
ainee Jan. 1, 1S82
:

EXPORTS AVD IMPORTS OF SPECIE AT

NEW

Exports.

YORK.

^ff" THE OPENING OP A NEW TRUN'K LINE FROM THB
ATLANTIC SEABOARD TO THE WE3T ia an event of so much

Imports.

Bold.

Week.

Since Jan.l.

$

$

Germany
West Indies
South America

2S,d'o'5

•28,605

$90,242
1,174,247
154,622

...

Since Jan.l.

$50,492

li'.i'is

All other countries
Total 1882
Total 1881
Total 1870

Week.

$50,492

li.iis

$90,242
1,174.247
160,315

Silver.

Oreat Britalu
Fraure

$170,239
55,000

$170,239
55,000

West Indies
Menloo

$

13,404

13',40'i

All other countries

$225,239
206,5011

$14,708
11,237

67,010

1,291

—

will

office,

issued a pamphlet, copies of which can be obtained at

giving an account of the completion of the

CHESAPEAKE &

OHIO RAILWAY to Newport News, and also of the ELIZABETHTOWN
LEXINCrrON & BIO SANDY RAILROAD, forming the connection
between the Chesapeake

&

Ohio and

its allied lines.

West, Southwest

A: Oliio

and as the shortest route

now
to the

enters the field as a through trunk line

seaboard for ten millions of people west

of the Allejfhanies, with very lljht fixed charges

and a rapidly-derelop-

ing local business.

$14,708
11,257
5,004

Of the above imports for the week in 1831, $19,304 were
American gold coin and $13,30J American silver coin.
CaHforniq Southern.—The final assessment upon California
Southern Railroad subscriptions is payable January 21,
when
one share of town-company stock and probably about fifty
per
cent of the first-mortgage bonds
Boston Transcript.

Wehavejust
our

The Chesapeake

i'.so'i

$225,239
206,500
67.040

information before our customers and correspondents.

and Northwest.

$

Bouth America
Total 1882
Total 1881
Total 1870

importance that wo have taken mare than our usual pains to lay the

be delivered to subscribers

The company are now ready to

sell

the $2,000,000 six per cent bonds

•f 1911, issueai on the completed road to

acorueJ interest

and IS

A description of

Newport News.

Price,

par and

the bonds will be found on pages 15

of the pamphlet.

FISK & HATCH, No.

5 Nassau Street.

Jamuabt

THE CHUONK.'LE

14, 1882.]

ghe

l^aukcrs'

86^ MM

i§Viztttz.

DIVIDKNDRI
Per

Whtn

cent.

Puyable.

Rallroadn.
Contrnl rnoltli'
l.tlili- Schuylkill Navigation
LmiiriMIJo it NasllvlUo
Miiniiietli! lloiis;litiiii & Out. prcf.l

Fob.
Hi

3
4

S^liuylklll Iliiveu
h%. Louis .t 8«ii I'nin. Ist pret

3>9
3>9

Amoriran 10xcUauf;o Kiro

S

Mins

Hill

&

Inouranco.

.tan.
F«l>.

Feb.
Jan.
Feb.

Bookt Closed.
(Days inelueice.)

Jnn. 16 to
13 Jan. 4 to
10 Jan. 15 to
15
18 Jau. 4 to
1 Jan. 18 to

3>3

On dam.
On doiu.
On deni.

Uprumn Anicrlona

6

Jan.

OuunllHii Fire

3

On
On

Com

I

u«iititl

Fiirnik-ut Klro

Ildonc Kiro
Ilowurcl Fir«
Impoitorii' it Trudora'
Mauhuttan Firo

5
5
S

Morclmuts'

New York

3i8
8

Equltablo

Pnciflc Fire
Pctur lloopor Fire

10
5

PljiMiix

IV

10

On
On dem.

14

Jon.
Jan.
Jnn.

Ou

12'
171

dem.'
1

Ou dem.

2

Jan.
Jau.

5
3>a

Uuion Trust Comimny

%

mium.
United Slates Bonds.— There has been very little selling of
Government bonds by corporations which were supposed to have
purchased merely to make a good showing on January 1, and
the floating supply of bonds in the market is very moderate and
prices usually linn.
The 107th call for bonds, issued Jan. 12, calls in $20,000,000.
to be paid March 13, 1882,
follows:
RoKlstsred bonds of tlie acts of July 1 7 and AncriiHt 5, 1801, continued
during tlie pleasure of tlie Oovcnuncnt under the terms of circular No. 42,
dated April 11, 1881, to bear interest at tbo rate of 313 l)Cr cent per annum from July I, 18H1, aa foUowHl •
$."i0— No. 1,851 to No. 1, !).")(), both inclusive.
$100— No. 13,001 to No. 13.700, both inclusive.
$500-No.,9,601 to No. 10,000. both inclusive.
$1,000— No. 47,001 to No. 48,900, botli inclusive.
$5,000-No. 10.00 1 to No. 16,150, both iiiclu.sive.
$10,000- No. 30,101 to No. 32,550, both inclusive.
Total, $20,000,000.
Many of tho bonds oriplnally included In the above numbers have been
transferred and canceled, leaving outatanding the amount above stated.

m

dein.

3>9

fflltcellaneous.
Consoliilatiun Coal
Fidelity it Casualty Co. of K. Y.

Jan. 13
Fob. 1

deiu.
deni.

Fel).

Ruti'pis
8ta udnrd Fire

Feb.
1
Jan. 1
r«b. 12

11

Jan.
Jan.

backers' 60 days sterling were 4 89<2H 63^ and 4
tor
demand, with cable transfers 4 87®4 87^^, and prime commercial bills 4 79^04 80)^.
In domestic bills. New York exchange was quotwl to-day as
follows at the places named: Savannah, buviog
discoant,
selling par to
premium; Charleston, buying ^@5-l6 discoant,
selling par®^ discount; New Orleans, commercial 2.'i''^50, bank
par; St. Louis, 75 premium; Chicago, par; Boston, shilling pre-

%

ThsfoUowlnidlTldea'ls h^vj rooently Uoou aunonnoea

Samt »f Company.

The

27 Jan. 18 to Jan. 27
IC Jan. 12 10 Jan. 21
On dom.

NEW YORK, FIIIDAV. JAMABY

63

13, ISS'i-H I'.M.

The Money Market and Financial Sitnation,—There has
been a decided change in the tone of the stock market, and the
depre.s.sion which was so marked in the early days of the new
year lias given place to firmness, and in some cases almost to

buoyancy. The money market has relaxed, and this has helped
the improvement in stocks ; bat there is also a more cheerful
feeling in regard to railroad properties, based in part on the
constant rumors of a settlement of the railroad war, and partly
on the large earnings of some of the western roads in the month
of December. The general transportation business is so large,

mercantile activity, railroad construction,
immigration, movement of passengers for business or pleasure,
and from various other causes, that less is thought of the decreased tonnage of grain freights from the West which is likely
to occnr in the present half-year.
On another page will be found the statement of railroad
earnings for December and the full year 1881, in comparison with
1880. The reports are very promising in showing a heavy gross
in consequence of

but to understand the true condition of the several roads
we must see their net earnings and their interest and rental
accounts in the forthcoming annual reports, as the latter have
increased heavily with some of the companies. It is to be
regretted that as roads pass under a new management their
annual reports are sometimes withheld from publication thus
we have had no annual report of Missouri Kansas & Texas for
1880; no report of Texas & Pacific for the fiscal year ending May
31, 1881 ; no report of East Tennessee Virginia & Georgia for
the year ending June 30, 1881. All these companies had issued
their reports regularly in previous years.

The money market has come down to easy rates, and stock
borrowers have been well supplied with money on cal l at 4@ 6
per cent, while the Government bond dealers are paying 2@3
per cent. Prime commercial paper of 2 to 4 months is quoted at
5^®6 per cent.

New York Board have been as foDows=

Interegl

Jnn.

Jan.

Jan.

Jan.

Jan.

Jan.

Periods.

7.

9.

10.

11.

12.

13.

continued at S^a. J. & J.
continued at 3^. q.-Feb.
reg Q.-Mar.
4>4S, 1891
coup Q.-Mar.
4'ss, 1891
reg Q.-Jan.
49,1907
68,
5s,

48,
68,
68,
68,
6b,
88,

1895. .reg,
1896. .reg.
1897. .reg,
1898. .reg,
1899. .reg.

cur'cy,
cur'cy,
cur'cy,
cnr'oy,
eur'oy.

.r.

J.

J.
J.
J.

&
&
&
&
&

lOOTg

100^ lOO^B •100 Ai

100?» •100»s
1021a

J.
J.
J.
J.

102
102 >4 102 '4 *l02>e
11438 114% •11438 •11438
1143a •11438 •11439 •11438 11413
117i>8 11758 117Bs •1171a 118
117«fl 11708 117»e 117% 118
'125
*125 •125 •125
12.1
'12fi
125 *125>2 •120
125
'127
"120
•127
125
125
'128
125
125 •12612 •128

J

125

coup Q.^an.

1907

* Tills is

llm •114%

127

12,

the price bid at tho moruing Board

;

no

129
sale

129

•114%
•118
118>4
•125
•126
•127
•128
•129

was made.

State and Railroad Bonds.—The transactions in Southern
State bonds at the Board have baen quite moderate,^ The TenThe Keadjusters have
nessee case will come up in a few days
introduced their new measure in the Virginia Legislature. It is
thought that the State of Missouri had no right to default on
the bonds issued to the Hannibal & St. Joseph Railroad, whatever was the controversy between the State and the company.
In railroad bonds there has been more activity, and prices
are becoming firmer on many of the investment securities.
Default was made this month on the coupons of the first mortgage bonds of the Memphis & Little Rock Railroad.
Messrs. A. H. Mulle'r & Son sold the following at auction

week

this

:

Bonds.

Shares.

trafiSc,

—

closing prices at the

$500 Green Bay Winona 4 St.
Paul RR. iRt morr. scrip.. 91
$1,000 Green Bay Winona &
St. Paul RR. 2d mort. Inc. 32
2531a
$330 Green Bay Winona & St.
Co.
Paul RR. 2d m. inc. scrip. 23 <3
112
$200 N. Y. City 78, accumu221

Tlio Sun Printing .St Pub$4,100
lishing Association
6 First :Tat. Bank of Brook1

lyn

50 Fircnien'8 Trust
of Brooklyn

New York

Ins.

Ferry Co
lated debt,duol886.111i3*int.
212 Sixth Ave.RR.Co.272i2a2(>l>-2
147
$5,000 Third Ave. RK. Co. 78,
21 Mechanics' Nat. Bank
112ifl
reg., due 1890
268 Mercantile Nat. Bk.l21®r20
$30,000 N.Y.City iinprovcm't
120 People's B.-ink of N. Y'. ...140
8tock,due
cousolidated
78.
15 Leather Manuf. Nat. Bk. ISO's
I26I4& Int.
1892
29 Nat. Bk. of the Republic. 143
150
$5,000 County of N. Y. ac30 Bank of America
cumulated debt 78, due
83 Knickerbocker Fire Ins.
112'a4lnt.
1886
531a
Co
24313 $1,000 N. Y. City parks im2 Continental Ins. Co
fuud
reg.
provement
68,
50 Manhattan Gaslight Co..226ia
12e»4
stock, due 190;
23ia
City
bonds.
Rahway
$50,000
91.

Bailroad and Miscellaneons Stocks.— The stock market,
after developing much improvement in prices during the week,
closes with about the .strongest tone we have had since the
opening of the year. It is reported now quite positively,

The Bank of England on Thursday showed an increase for
though not officially, that an agreement has been signed by the
the week of jE13,000 in specie, and tne percentage of reserve
trunk line officers by which the New York Central and Erie comto liabilities was 'ii%, against 31% last weeK. The di.seount rate
will select one arbitrator and the Baltimore & Ohio and
remains at per cent. The 13ank of France lost 950,000 francs panies
Pennsylvania Railroad companies will select another, and the
gold and 5,925,000 francs silver.
so chosen will select a third. To these three arbiThe last statement of the New York City Clearing-Honse two arbitrators
trators all questions in dispute will be submitted, including that
banks, issued Jan. 7, showed an increase in their surplus
this is done in good faith and the
and
.5

reserve of $2,065,800, the total being $3,317,700, against
$1,251,900 the previous week.
The following table shows the changes from the previous week

and a comparison with the two preceding years
1882.
Jan. 7.

Differ' neet fr'm

previons week.

Loans and die. $319,110,400 Inc
Specie
Circulation...

Net

ilciHiflittt

LoKal Cendera.
Legal rojierve,
Beourvo beld
Borplns.

if3,()G7,000

«I.514.000lIuo

3,731,500
40,600
2!)<).."> 00,100 liic
p.eio.ooo
lC,G78,8t>0|Iuc
730,800
$71,875,100 Iu« $2,402,500
78,102,800 Inc 4,407.300
20.'209.000:lnc

,

$3,317,700;rnc .$2,065,800

—

if

companies abide by the arbitrators' award, the railroad war

may

This afternoon one of the sensations of the market was the
from Philadelphia announcing Mr. Gowen's success la
the Reading election. He received the Vanderbilt proxies and
report,

1881.

Jan.

of differental rates;

8.

1F80.

Jan. 10.

$304,080,200 $270,110,100
51,473.500
01.948,900
18,426.200
23.812.900
285,787,700 24fi.0i(5,000
13,817,400
14.097.800
$71,440,025 $01 ,74S,900
75,70b,300
05,571,300
$4,319,375

$3,822,100

Exchang'C. There has been much firmness in exchange, and
leading drawers have advanced their rates twD points since last
week. The small supply of commercial bills is one of the chief
causes for this advance. To-day the actual rates for prime

in round figures 272,000 votes, against 222,000 shares, and it
thought that the election will stand. The ticket elected is as
For Managers—
follows For President— Franklin B. Gowen.
B.
J. B. Lippincott, Henry Lewis J. V. Williamson, Eckley
Coxe, J. B Altemus and Edward C. Knight.
There has been large buying of the Vanderbilt stocks for
several day.s, as well as of the other trunk lines, and thi.i hM
given the idea of a settlement of the railroad war quite as much
was
as the reports of the arbitration. Denver & Rio Grande
conspicuous to-day for large transactions; Waba-sh preferred
also sold above 70 in the last hour, and it was noted that the
recovery was thus qnite marked in those stocks which were
among the first to show great weakness in the recent decline
which carried down nearly the whole list.

had
is

:

THE CHRONICLE.

64

RANGE IN PRICES AT THE

[Vol.

STOCK EXCHANGE FOR THE WEEK, AND SINCE JAN.

N. Y.

DAILY HIGHEST AND LOWEST PRICES.
STOCKS.

Monday,

Saturday,
Jan. 7.

KAILIIOADS.
Albany & dnsqnelianna
Boston & N. YT Alr-Wne
pref...
Do
BnfTalo Pittsbnrs; & Western.

Jan.

Tuesday,

Wednesday, Thursday,

Jan. 10.

9.

>129

132

62

63

Jan. 11.

Jan. 12.

63

62

Sales of
the Week,
Shares.

Friday,
Jan. 13.

416

62

•81

63
la's

54 ••4
21

90'4

92

Central Pacific

91->a

92=6

Chesapeake

25
36
25

26
36
25

Do
Do

&

Ohio
Istpref
2(1 pref

*81
54 14
1934

...

•81

•81

...

54''4

20

91
91'i
92 >« 9234
25 >4 25 "s

36^ SOU

63 14 5434
20
20
34
34
91^4 92 14

81 Hi 8IH1
63 '8
20 Hi 20 Hi
33 'e SS'',
91% 92

55
20
34 Hi
92
90=8 91=8
9213 93%
92% 93=4 93 Hi
91=4 93
24=4 25 'i
24^ 25 14 25-4 25 14 25
•34 >3 36=4
36
36 Hi
36
36Hl 36Hl
•25 "3 26
26
26
26
26
26
I30I3 13934 131
131>4 132 Hi .32 Hi 133
53''<

55

19

20

'8

26 "a 26 In
12934 130'4 129 "a ISO's
Chicago i& Alton
140
'140
....
140
Do
pref
I35I8 135 13 1.36
136 136>3 135=4 136
184>iil35Vi 135
Chicago Hurllngton <fc Qaincy
Chicago Milwaukee & St. Paul. 107 1033b 108 109 1-2 108 Hi 10934 10813 1091. 103 109
12118
I2II3 12113 121
12134 1213, 122
pref. 120=4 1211* 121
Do
125 12538 125 126'38 12513 1263b 125-8 12613 125=4 126%
Chicago &. Northwestern
139>3l39>3
139 139
ISSmSSHi 138 138
pref.
Do
133 133Hi
131 131>v 13239 132 la 132 14 13213 1.33 133
Chicago Rock I8l. A Pacific...
•81
•81
83
82
83
81
Chicago St. L. & New Orleans
3534
3514 35',
35=8 35 'e
35 Hi 36
35
35 >< 35 3<
Chicago St. Paal Minn. & Om
9813 9914
99 Hi 100
99 "3
pref.
99
99% 100
Do
98'a 99%
56
66
55 Hi 65Hi
Cincinnati Sandusky <fe Clev
823,
82
80
79
79 H 794 80
Cleveland Col. Cin. & Ind
8O1.J
80
82Hl
133 135
134 134
133
133 133
135 135
Clevelanil &. Pittsburg guar
Columbia & Greenville, pref
2113
21
21
21% 2II4 21%
Columbus Chic. & Ind. Central. 20'4 21 'i
20'e 21--S,
123'4 1243, 123
12418 123 "a 124=8 12314124^
Delaware Lackawanna & West. 124 >8 125
66 14 67=4
66=8 67 "a
66'% 6838
68>8 69=8
DenverA Rio Grande
6718 66 12
84
84
Dnbuqae & Sioux City
13-8 14=8
14
14 14 1434
14
£ast Tennessee Va. & Ga
14% 143j 14% 14%
23i!8
24 13 25
24 1«
23=9
24
25
24^3 2434
Do
pref..
24
llig 1434
ISia 14"2
Green Bay Winona & St. Paul
943, 95
95 14 95 14
9434 951.
94=4 90
Hannibal «& St. Joseph
95>s 95>«
107 '8 10834 108>alll^ 109 13 110
Do
pref
10934 109=4 109
109 i^
Houston & Texas Central
129'-» 129>2 129
I29I4 129=3 130
IllinoiH Central
129 '8 13 . 130=4 1323^
47 '4 47^2
Indiana iilooin'n <fe West., new.
4612 47 '8
48=4 47 >3
Keokuk & Des Moines
.

Do

Do
Louisville
Louisville

<&

34

34

34

<fc

9834

9713 93^

51
27

74
51
26

Chic.

Metropolitan Klevated
Michigan Central
Milwaukee L. sh. & West., pref
Minneapolis & St. Louis

51
*26

Do

73
74
87 >a 8834
851,

8Bi«

46

48
30
69
36

'

pref

Missouri Kansas 4& Texas...
36 14
Missouri Pacitlc
9936 1003^
Mobile* Ohio
34
34
Morris tfc Kssex
I2II4I22
Nashville Chattanooga A St. L.
86
86
New York Central & Hudson .. 1293^ 130'8
New York Klevated
lOB 106
New York Lake Krie & West.. 39 40
Do
pref.
81
SHj
New York New Haven A Uart. 171 175
New Y'ork Ontario A Western .. 2613 2714
Norfolk A Western
20
20
Do
pref
67=4 5S

Northern Pacific

Do

pref

Ohio Central
Ohio A Mississippi

Do

75
51

26

36"a
7418

36Hi
7512

23

23
33 "s

33

ii

Pittsburg Ft. Wayne AChlc...
Kensselaor A Saratoga
Bich.A .\llegh., stock trust ctfs.

Kichmond A liauville
Kichmoud A West Point
Pittsburg

Louis Alton

St.

Louis

8t.

Paul

A San

Do
Do
St.

A Terre

71
35 12

36

653.

134

134

pref.

Francisco

34

485
480

37

26
134

•140
136'b 137
103-8 109 Hi
121=4 1213,
126 14 127=1
139=4 140%
133=4 135

66

38=4
101-

56
33
138 Hi

21 14 21 '8
124^4 126 >8
69=8 72

14%

1434

96

86 Hi

24 » 2434

109% 109%
47

14

47

33 14

36

Hi

6 120

Jan.
39=4 Jan.
81 Hi Jan.
55 Hi Jan.
21 Jan.
3714 Jan.
93 Hi Jan.
94 Hi Jau.
27 Jan.
37 Jan.
26 Hi Jan.
134 Jan.

45

33'?8Jau.

89

Jan.

904 Jan.
2414 Jan.
34 Hi Jan.
Jivn.

Jan.

101 Is Jan.
56 Jau.
83 Jau.
136Hi Jan.

8,210
20 Jan.
199,050 12234 Jan.
141,445 63% Jan.
27 34 Jau.
13I4 Jan.
8,223
4,543 23 Jau.
3,333
11 Hi Jan.
2.800 94=4 Jan.
4,207 106 14 Jan.
100 "
Jan.
11,250 127=4 Jan.
2,448 44 Hi Jan.

21 'b Jan.
127 Is Jan.
72 Jan.
34 J:m.
1434 Jan.
25 Jan.
14=4 Jan.
PG \ Jan.
111--4 Jan.
83 Jau.
133 Jau.
48 Jau.

4,810
9,251
1,000
6,278

653

35

96=4

97 'e

97

51
27

51

48 Hi 60

2813

27

27

8
7334

8
7413

•88
8534 '87
4734 47 a,'
2OI3 20>a

60 >4

881.J

SShl

74
89

97%

98

137

Jan.

10934 Jau.

122

Jiln.

12734 Jan.
140% Jan.
135 Jan.
82 Jan.
36=4 Jan.

A Manitoba
A Burlington""

Paciiic

"

New York A Texas Land
Oregon RaUway A Nav. Co.

63,439

49

60 '<4

5,250

2734

2734

610

400

"i'0'6

7334
•86H;

733,

•38
89 >8
89
8734
86% bSHi 88 14 89 14
4713 43
48
50
51
60
21
21
20 14 20 Hi
20 Hi 20^8
61
61
60 Hi 60 '9
60% 60 Hi
36=8 3712
37 14
37
37% 38%
99=4 10034
9934 101 Hi 101=, 102%
33 '4 34
•33 Hi 34 Hi
3SHl 34
121 121
121 121
122 122
•87

86

60 14

170

27^1

2613

5713

5734

36
75
23
36

7618
23i»

6738 573,
3538 36
7438 76>s
2234 23%
36 14 3613

27

26=4

170

27'4

170

170

170

170
28

27>a

27%

27%

68

5334

33%

583i
35=4

36

37

74

74 '8

74=4

761,

37
363^

23

23 14

3618 361a

23i<
38H3

23%
37=4

5334

23% 25 14
3714 37%

2312

68 "a 70
3534

3534

65
67
134 >a 13413

35
65 14

33 >a 37
182
180
180-» 1150

£XPRE8)».

147 "i
93 14
•75
129

Araencan

Co

.

COAL ANO MINING.'

'

Consolidation Coal
Jlomi'stake Mining
Little Pitlsbuig Mining...

•37
«15

.

•35
65=8

...

134

37 "a 36
182
180
150=4 150

181
133

66%

36
63 14 65 Hi

64%
134

3712

36 't
6534

134

Mariposa Land

Harylaud Coal

A

•19
21
•33 Ij 34 Vl
12
121,
S8
68 >«

Ontario sliver Mining
Quicksilver Mining ..

Do

Standard Consol.

Cameron Coal

pref.

M&lng

Central Arizona Mining'!
Seaitwood Mining
Kxcelsior Mining

New Central Cbal

Robinson Mining....
Silver Cliff Mining
Stormont Mining

48
134
41
131

49
134

IT'S

1734

•l"*
*5

1=8
613
I

"a

*18

'..

•a"*

«1
2Hi

>»

4113
761a

150
93
77
130

33 's 38
183 187

35 Hi 37

180% 182

I5IH1 155
158 160
25I4 23Hl
2513
2634 27 Hi

•12>3
5713

17
1=8
•5

1=9

133

'

7813

•1=8

1-

•3313
•12 13

3413

6713
17>a

58
17

1=8

5

>3

I'll

•I3

19

2%

93
77
'128

"19

2^

1

78

130

7613

35
14

>3

1

127

93

•33
*15
*1=8

'•Y9"

13
58
17
lia
61a

•33 "a
1218
68
14
34

1%

•5

1

76%

78Hi

78 14

42 Hi
133

13,631

4,720
5,120
68,616
3,070
7,576

36
16

36
•15

1=4

22
34 13

36 H;
16

1=4

Jan.
Jan.
4812 Jau.
25 14 Jan.
15 Jan.
8 Jan.
69H2 Jan.
84 Jan.
83 Hi Jau.
45 Jau,
2OI4 J.an.
80 14 Jan.
35 Is Jan.
9734 Jau.
33 Jan.
120 Hi Jan.
83 Jan.
128 Hi Jan.
10514 Jan.
38% Jan.
79 Jan.
170 Jau.
26 Jan.

95
74

20

J.an.

6634 Jau.
35% Jau.
7234 Jan.

22 Jan.
34 Hi Jan.

80 Hi 102%
203,
32',

23
127

100=4 Jan.
73 Jan.
33 Hi Jan.
28 Hi Jan.
15
Jan.
OHi Jan.
74Hi J.-vn.
89 Jau.
8914 Jan.
51 Jan.
21 Jan.
Jau.
61
38% Jau.
102=8 Jan.
35 Jau.
122 Jan.
36-4 Jau.
135 Jau.
107 Hi Jan.
42=4 Jan.
84 Hi Jau.
170H; Jan.

33 's

48%

86 'b
166

140 153
133 Hi 182%
101 13 129%
116=<

140

117
136
13118 147%
148=9
129

88

40

33 Hi 61
91
109%
41 Hi 63%
101=4
81
127 14 142
82
95%
18=,

32%

131
107
66 113%
7612 88
21
13
23
33
121..

12%

443j 360

121
94
63
106
124
146%
38 Hi 57%
14
30%
41
66
6534
32
112% 135=4
44
03

42
79
60
I5I4

18
9

38
48

110%
117%
59%
59%

24
15
93
77=4 126
6

41

84"

128%

42
64%
23
30%
62 Hi 70%
34 '( 64
114%
85
39=4
131
102
1301, 155
181,

118
63

130%

96
.19=1

52%

80 Hi 96%
164 14 190

J au.
Jau.
58=4 Jan.
37 Jau.

25% 43%
23 Hi 26%

76 14 J.'vn.
25 14 Jau.

64% 88%
21
37%

3734 Jan.

35

28
20

63

70

32=.

61

*'l9" "2'i"

12=8

59

61

IOI3

1514

34%
1%

15=4

37

37

=4

•3i

42
88 Hi
40

2,003

56%

433 104%
30
110 70
6,605 110
56,295 44 14
1,355
16
43,650 114 Hi
15,032 34
95,485
65%

700

Jiln.

1,600 41
8,915 105 Hi
1,054
44=4
1,587 130
13,215 39 Hi
2,388 129 Hi

212,597

1

76 Hi

450 145
652 92 -a
691
76
131 123
600

Jan.
Jan.
Jan.
Jau.
Jan.
Jan.
Jan.
Jan.
Jan.
Jau.
Jan.
Jau.
Jan.

33

15Hi

300

•1%
•4",

"4

2h

34 Hi
...
;<

1%

•18
'33 Hj
13Hl
61
16

*l%

20

60

II3 Jan.

40

Jan.
Jan.
Jan.
Jan.
Jan.
Jau.
Jau.
Jau.
Jan.
Jau.
Jau.
Jau.
113=4 Jan.
49 Hi Jan.
17 Hi Jan.
119=8 Jau.
37 'e Jau.
70% Jau.

187
183 Hi
27 Hi
20
42
90 14
41
60 Hi
105 Hi
30 14
70

33 Jau.
4514 Jan.

107% Jau.

49% Jan.
Jau.
42=3 Jan.
Jan.
Jan.
1
80 Jau.

134
135

H: Jan.
9334 Jau.
77 Jan.
130 Hi Jail.

149

27 14 57%
74=4
30
142
127
130 146
80
33
99 Hi 171
122 174%
22
50

22
50%
39
77%
85 143=4
55
39
35
81%
90 116%
26
42%
39%
70
88 Hi 1133«

41%
13

33 14
64 14
31
35

7

20

4

•2

%

2Hi

t

67

89% 115%
30
134
39
120

49
190

77

94

120

153

62%
151

2%

62% 98
61% 79
112

142

36 Hi Jan. 12 •30
14

43

1=4 Jan.

1%

29%

8%

=4

e

35

17=4

600

12
67
14
34

14
62

Jan.
Jan.

32% 38%
21%
12
53
75%

800
650

-5

60

96%
74%

jail.

1%

20

73=B
38

105% 131=4

2613

7,500
2,902

h
2%

83
200

"2'6"'ia'n'."

34 Hi
14
62
16

7

37%

18
64
190

i'o'o

1%
6

1,366

900
1.370

'.'.',',

These are the prices bid imd aaked-no
sale was made at the Board.

35

Jau.
Jan.
Jan.
Jan.
Jan.
Jan.
Jau.
Jan.
Jau.
Jan.
Jau.
Jan.
Jau.
Jau.
Jau.
Jan.
Jau.
Jan.

2II2 Jan.
75 Jan.
193 Jan.
38% Jan.
67 Hi Jan.
134 Hi Jau.

4

69 "e

2=,

•15

100
200
310

80

36

2113 Jan.
67 Jan.
195 Jau.
34 Jan.
63 14 Jau.
134 Jau.

3,950 33%
3,100 179
5,625 150
2,300 24 Hi
23 20

900

13,

•33 Hi
•13

SHi

86

2,900
43,400

1

149 Hi 146Hil46Hl 148 149
9334
93 Hi 93 13
92Hi 92Hi
•76
77
77
•78
77Hl
130
129 130
120 I3OH1

•H

34

194
it.

133
134 134
41^8
41 Hi 41 '8
42
135
133-11133% 133

77

14913 148

201a

5h

4II3

42'4

134

4
21

19 >3 20
2'*

134

149
93
76

4
2013
•33 la

3d
413, 4213
42% 42Hi 43 4514
10638 106 14 1063, 106 Is 106 Hi 106=4 107
'e
49=8
49
49
49Hl

•33
30
•1413 I3I3

35
16

•15

48%
134

77 '8 79

35

36
ib's'^s

133

41>a

135

1"^

Mining

407
243,510
4,920
80

229

goli'g'd^t

140 •146
93 14 •91
77
76
129
123
39
16

19.070
16,700
2,650
1,231
1,800
131,957

790
50

134

30
66 >3

20

4213 42i<i
42
42
10634 107 Is 105 >3 107 '4
132"-3l32'..,

500
500

•21 Hi.

llO-jllO's 11034 in «j 111=4 112'a lll'6ll3'3 113 Hi 11334 113 Hi 1133^
46
iTn 4613 47=8 4G'38 47 13 46'a 48
46 Hi 47=1 47=4 49H;
1713 171-j
17
la "a 16 3^
17s
17Hi 17Hi
I6H1 I8H1
11534 117
110->8ll7^ 11014117% 11634 117^8 116''8 117=4 117=4 119%
36
36
3534 3038
35=8 36 14
3513 361s
35=, 36%
37''8
36%
67=8 6918
67 14 68 '8 671a 68=4
681a 0914
67=4 63'8
68H1 70%

41
41 >2
Pullman Palace Car
133 133 >a
SutroTunnel
1
•'e
West. Union Tel., ex-csrtllicatea 783,
7918

A

71%

37
60
90
69
50
90
16
40%
31
45
82 Hi 112

97=4 126

•21

23'.j

--J

47

8,000
2,207
65,615
4,600

200
57=8 5334
35=8 36
74=3 75 14

40^4 4OI4
41
41
58I4 58m
58 « 58
68=4 5334
58 '8 58 'e
104^^104 -Is 104 "a 104 "3 103 105 13 103 105
IO3I4IO314

47

Pacific Mall

United Stat«8
Wells, Fargo

1,000
33i4Jan. 4 36 Jan.
393,352 109 Hi Jau. 4 115% Jan.
1,700
51 Hi Jan. 11 51=4 Jan.

99H:

pref

I'aciBc

135
30

25

">

13216 133

Jan.

132 14 Jan.
104 Hi Jan.
II9I4 Jan.
124 Jan.
136Hi Jan.
131 Jan.
80 Jan.
34I4 Jan.
9734 Jan.
64 13 Jan.
78HiJan.
133 Jan.

6,384
202,414
2,600
23,742
1,320
1,310

200
36 14
100
56
82 Hi
136 Hi

6 130

Jan.
39=4 Jan.
81 Hi Jan.
51 Jau.
19 Jan.

24
1,205 128

114=4 114Hill5%
51H;

6IH1

2412

pref. . ..
Igt pref.

Amerlcitu Disti let Telegraph
Colonvdo Coal A Iron
Delaware A Hudson Canal !!"

«

34=4
61=4

74

74
89

26=4

20

.

Wabash St. Louis APacltic"
Do
pref'
MISiCELI.AXEOlIs:

Adama

73

2013

1701*17018

3934 40
37
183 183
181
180 "a 181=4 180

Dnlnth

Toledo Deljihos

Union

62,915
64,575
2,924

36I4 36'e
Sa-'e 37
99-4 1003e
99^8 IOOI4
34
3313 331..,
3 4 34
1211a 121 "a
•85
88I4
87
"84'ii"8'5
86
13018 131
13018 131>3 i"3'd=si3"2'8 i'3"i=ai'34
133% 135
107 "a 10713 107 107
106 107 •105 107
105 106 Hi
4OI4 41=8
39 <8 40 >8
39=8 40%
4118
40
41% 4234
81=4
82--,
81
8O34 81 la
81
827,
82
8234 84 13

71

Haute.

Paul Mlnneap.

A

'

74
74
881a 89
85 "a 88 13
4814
47
80
69

•22

Rome Watertown A Ogdensb'g
Bt.

Texas

'

96 14 97=8
74
74
•50^ 51
261a

prof

Ohio Southern
Oregon & Trans-Coutlnontal ...
Pauatua, Trust Co. certlticates.
Peoria Decatur A Kvansville...
Philadelphia A Reading

Do

200

93 Hi
94 Hi
25

High

I6H1

96=8

& Cincinnati, let pref.
Do
2a pref.
Memphis & Charleston

A

34H!

Jan.

60

pref

Marietta

Do

3413
5113

Missouri River

& Nashville
New Albany

A

34

111H112>8 11134113% 112% 114% 113

11034 112

Manhattan
Manhattan Beach Co

Rochester

55 H
20

7
9,926
1,200

1882.

For Full
1882 Year 1881.

prel

Lake Erie <& Western
Lake shore
Long island
Louisiana

•81

1,

1,

Highest.

160 130
63

.

Bnrllugtou Certar Bapids A No.
CaDa<la Southern
Cedar F.iUs it Mlnuesota
Central Iowa
Central of New Jersey

Range Since Jan.

XXXIV.

Lo yjil ;jrloB Is ex-dlvidend.

Jan.
Jau.
Jan.
Jan.
Jan.

Jau

Jau.
Jan.
2*4 Jan.
2^ Jau.
H;

19

17=4

27

Jan.

25

l%Jau.

1

45=4
7

Jau.
Jan.
Jan.
2% Jan.
2=4 Jau.

18
2

17»4 Jan.

37
6

4

=4

20

14

%

2%
1%

7

35%
13%
7
4

Januaiiy

THE CHRONICLE.

14, 1883.]

65

QUOTATIONS OP STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE BOND8.
SECURITIES.

BKCURITIES,

Ask.

Bid.

Miohlnn—

Alftbania—

A 3 tn R 1 000
Class A, *J to 6, nmaU
Closn B flu, 1 0<M3
CUsj* C. 4j«. llMta

80
BO
07
80

riniiii

81 >«

6»,
7»,

lUOO

On, tuuiliil,

18901000...

*

RH

&

ConutH'tifut— Ort. 1883-4..

OeorBin— «». 1880
7s, now, 1880
78, eudorsiMl. 1886
78, KoM isyo

30
30

(In,

line

i;s. ilui'

37 >a
27 "v

30
34
23

30
60

107 >«
108 >a
109
1

1

New York-

103
loa
108 >a
108 Hi "I"!
116
67 «<
63

Ihio
iluc

FmicUiipr. 1894.'98
llaunlbalA St. Jo., '86.
'87.1
do
Do

'W
12>a H

Do
Do

100
106 "a

1882 orl883
1886

Funding

i08'>i

Kew

lllVi
114>a
101
101

A..to,

act, lH(ii!-19()0.

1868.1898.
l)ond«, J.&J., '92.8

South Csmllna—
6a, Act .Mar. 23, 1869

Special tax, oIuh

Do

'989

1,

a

cla8«2

7^

OlUo68,

10^

H03

102

w

..1,1

13

lOS
75
74*4
7*'i

"*••

—

6s, ux.iuatutHd coupon..
6«, consol., 2d terte*
68, deferred

"9"

Aik.

i;

<;

w

DlBtrict of Columbitt—

IT*;

1024

8-6.'i»,

1886

Bhodu Island—
68,

1

n«w nfr\fn, 1914
•.

»;

80
80

Small

1883
1891
1893
1893

8a,

Vlr

B
8

cnufl4il'n 6a,

Tennran«e-68,nli1, )892.H
68, now, 1802-81!K)0....

11
11

20
20

RB

Brown

138
115
lis

A.40

Do

Do
clans 3
Conaol. 48, 1010

1

(told, r»)f., 1887
08, Kolii, coup., 1887

68 •»

J.*.r.

off,
off,

Do

Ckathain

ti.f.

(i.s, loau,
Gs, loan,
6a, loau.
08, loan,

coup,
conp.

Bid.

nonfiinclalilo, IH8H..

A.AO

I>0

1S87
1888
1889 or 1890 ....
(i.1,
Awl'mor Unlv.,dao'02
(iB,

A.AO.

68, old,

SKCT7RITIK8.

Aik.

110

r.«, (iiii>

7il. 1.. Hock .« Ft. S. iS8.
L.ltoik JIU
7h, Monii..
7g. I.. 1!. V.ll* N.O.
U. U. HR.
7». MLt.s. O.
78, Al-kiilmatt Cent. UR.

Bid.

Miuonri—

104

6», l().20fl.

101

1883
1890

BKCtJRITIES,
N. C»roUnik-0»,om, J.*J.

Aak.

Bid.

Fundlnir 58 1800

coupon, 1893.99

110

Do

:

registered

1

RAILROAD BONDS AND MISCETiLANEOlTS
UeuT.So.P.dtPac- lst,7H 102
E.T.V».&aa.— l8t78,1900 113

Railroad Bonds.
Exchange PrioM.)

(StfKl:

Ala.Coiitnil-l8t,0», 1!)18
Atch. T. & 8. Fo-4 'J. 1920

Atro *

rac.-l9t,(!s, 1910
Bait. AO.— 1st, 6a, ITk.Br.
Bost. II. & K.— 1st mort..

77
t91

1st cons. 69

Divisional 5s. 1930

94^ 96
67' 68
100 '<

Bnr.Ced. R.& No.— Ist, 5s 100
&Unn.,ti St. L.— lst,79,gu 120
Iowa C.& West.— 1st, 79

..

C.Ran.Iil.F.A N.— l3t,69 H05ia
115 «!
Central Iowa— 1st, 7s. '99
Char. Col. & Aug.— Ist, 7s
Buff.N.Y.itE.— l.st,1916
Cbeasp. & O.— Pur. m'y fd.
N.Y.L.E.<feW.-.New2d,6
68,gold, series A, 1908. 102
1st, couaol., fd. cp., 7s
81=8 82 >s
6e, gold, ser. B, int. del.
2d, consol., fd. cp., 59
52 Vj 54
6s, currency, int. dot ...
Buf. AS.W.— M.i 8,1908
Chicago tfe Alton— Ist m.. 119
Ev. A T. H.— 1st cons., es
102 104 Ij Fl't&P. Miirq.— M.G8,1921
Income 7s, 1883

Sinking
Joliet

La.

dk

funil,

2d mort.,
St.

1..

(is,

1903..

A Chicago— Istni.

Mo.— 1st
7m,

Jack.Jt

112

m., guar.

1900

Ch.— Ist m 117

118
118

1st, guar. (564), 7s, '94
2am. (360), 7s, 1898..
2d, cnar. (188), 7s, '98.

Ml88.R.Br'ge— lst,s.f. es

B.&Q.— 8p.c.. l!)tni..'83 103

104
1903.. ;i36'-j 127

C.

Consol mort., 7s.
6a, sinking fund. 1901..
Iowa Div.-S.F., 58,1919

Iowa Dlv.— S.P.,49,1919
C. R.I.* P.—6s,coup.,1917
6s, 1917, registered

87
124
124
Keo.,fe DCS M.— Ist, g,.5a 105
Central of N.J.— lBtm.,'90 lis

125 "a

Adjustment,

78, 1903...

I,eh.<tW B.— Con.g'd.as.

Am. Dock <£ Im.—Ass'd.
68,

C. M.

di St.

107 -a 108
107», 110
100

P.— l8t,83,P.D. 134

3-10, P. D., 1898
l8t m.,7s, $ g., R.D.,1902
Ist m., LaC. Dlv., 1893.

121

n20

118^1
US'!!
1897...
1890... t.& M.. 1903... 123 >»
119
Consol. 7.S, 1905
2d mort.. "s. 1884
U02
l8t. 78, 1.& D. lSxt.,1908
S. W. Dlv., Ist, 6s, 1909. 103

l8tm., 1.
Istm., 1.
Istm., f.

Ist, 68,

2(1.
2(1.

consol..

Waco A

main

89

lino.

120

AM.,

<S D.,

La.* Dav., 1010.

1191)1

127

2rt,5s,

1911

Int.AGt.No.— lst,68 gold
Coupon, 6s, 1909
Kent'ky Oen.— M.,68.1911
Lake Snore A Mich. S.—

118>a<

95

7s, 1885
Interest bonds, 7a, 1883
Consol. bonds, 7s, 1916
Extension bonds, 7a, *85
Istmort., 7s, 1885
Coupon gold, 79, 1002...
Beg., gold, 78, 1903
Sinking fund, 6s, 1929..

110"!

.

-

ioS"
*110
123
tl23
101
101 <»

Peninsula— 1st m., conv, 120
Chicago a. Mil.— 1st m.
Winona A St. P 1st m. 106 H
2d mort., 7a, 1907
IIO-A Mad.-l8t,68,1905
110
C. O. C.A lnd'»— lst,78,8. f. 124 >3
Conaol. mort., 7s, 1914.. 122
C St.I..&N.0...Ten.lien,78 J116
Ist m., con., 7s, 1897
tll6
C, St. P.M.* O.— Cons., 6s
98%

C.8t.P.&M.-l8t.0s,1918 10834 110

Wise— Ist, 6s, 1930.

107111

.Sandusky Div., 68, 1919.
Laf. Bl.A M.-lst, Us, 1919

t

ibo'

101

102

55
162

971a

Registered, 5s, 1931....

98

t

*913i

Pelrce C. A O. '95"
Ennipmeut. 7a. 1895..
So. Paciflcof Mo.— Istm 102=4
Tex. A Pac— lst.es.l90S tioe
Consol.. 68, 1005

Income

A

I'd gr.,

reg.

RR—

101
103
101
92

101
go's

110
100
1013,
82'.

98

86''e

99 >a

m

137
130

140
133

Clev.APittsb.— Con9.,s.f
112
4th mort., 6s, 1892
Col. Ch. A I.
1st, C0U9 125
2d con., 78, 1909
1st, Tr't Co. ctfs., ass'd 118

130
113
136

C—

2d, Tr't Co. ctfs., ass'd
l8t,Tr't Co.ctfs.,8upnl.

St.L.V.AT.H.— l8t,g.,7i
2d mort., 78,
2d ra.. guar., 7a, 1898.
Trust

Ist.
Co. certificates...

Roch.A Pitt.- lst,6s,1921
Rich. A All'g.— l8t,78,1920

Rich.ADanv.— Con8.g., 6s.
Atl. ACh.— lst,p.,78,1897
Inc., 1900
Scioto Val.^lst, cons., '78.
St. Louis
I. Mount.— lat

A

118
tll7

G'

BayW.ASt.P.—2(l,Inc

Ind. Bl. AWest.— Inc,1919
Ind a Dec. ASpr'd- 2d inc.
Trust Co. certlUcatea...
Int. A Ot. North
2d Inc.
2d assented, Gs, 1909...Lehlgh A W.B.Coal— 1888
Lake E. AW.— Inc. 7s, '99
Sand'ky Dlv.— Inc., 1920
Laf.Bl.AMun.— Inc7s,'99

130

80
66

Mil. L. S.

&

W

87
65
too

90
85
68
tSl

58
73
96

Incomes.

N.Y.P.AC— lstlnc8c.6.7
N.O. M. A Tex.- Deb.scrip
Ohio Cent.— Income, 1920

97

67%
93
61

98
43

44
Min'l Div.-Inc 78.1921
Ohio So.—2d Inc.. 6S.1921 "44'
Ogdensb.AL.C.— Inc.1920
Peoria D. A Ev.— Incomes
Evansv. Dlv.— Iuo.,1920
Roch. A Pitts.— Inc., 1921
S. Caro.R'y.— Inc.,6s.l931
St. Louis I. Jtt. A So.—
Ist, 78, pret.. int accnm.
87
2d, 68, int. acc'mnlativo
St'gI.AR'y-8er.B.,inc.'94
60
Plain Income Gs, 1896..
Sterling Mtn. R'y lnc.,'95
St.I,.A.AT.H.-Dlv. b'nds
ToLDel.A B.— Inc.e9.1910

60%
70

t

t

too

1SU2.

5584

N.Y.LakeE.AW.— lnc.68.

c.

7s,

73

E.T.Va.AG.— Inc..68,ig31
EIlz.C.ANo.-2dInc.,1970

t

9214

103
"73'e 74

80%

Cllic.St.P.AM.-L.g.lnc.68
Chic. A E. III.- Inc., 1907
Des MAFt.D.— lst.Inc,6a

Mob. A O.— 1st pref.deben.
2d pref. debeuturea
3d pref. debeuturea
921a
4th pref. debeuturea

Ist. 6s.

Pit9.B'd.cfeB.—lst, 88,1911

124 Is 125
103
104 'a

88. 1909
Coupon, 6s, 1931

90

368, class C, 1908
363. class B. 1906

107% Rome W.AOg.— Con.,

,

iOOi-j

A

109 111
104 14

.

A

107a<

ISO's

We8t.U. Tel.— 1900, coup.
118%
1900. reg
N.W. Telegraph—78, 1904
Spring Val W. W.-lst, 6s
Oregon RB. ANav.— l8t,68 106 la 106

,

3d mort,

105

103
100

78.

INCOME

7s, '87.9
1:31a 115
Sinking funds, 83, '93 12214 I23I3
123
Registered 8.S, 1893..
106 109
Collateral trust, 69.
115 '8
Kans. Pac— l9t, es,'9i
109
l9tm., Os, 1896
log'
Den.Div.,G3,ass'd,'99 108
103 'a
1st cons., Gs, 1919.Cent. Br. U. Pac— IstjGs 100
Funded coups., 7s. '95. 100
97
Atch.C.AP...lst,69,1905
100
At. Jew. Co. A W.— Ist.Gs
108
Utah 80.— Gen., 7s, 1909
Extens'n, 1st, 7s, 1908
Mo. Pac— 1st consol., 69 n02'a
3(1 mortgage, 79, 190G. 110',
108
109
Pacific of Mo.— l9t, Gs
116
2dmort., 7s. 1891

Pitts.Ft. W.
Ch.— Ist
2d mort., 78, 1912

loo's
lOl'a

Na Missouri— Ist,

BONDS.
113'4 11313
108', (InterMt payable if eameA.)
Ala. Cent.— Inc. 68, 1918.
Atl.
Pac— Inc., 1910..
loe 1061a Central of N. J.— 1908.

Land grants,

Pa. Co's guar. 4ias lat
Registered, 1921

100

109 >3

104%

102
lOi
ChlC.8t.L.AN.O.—2d.l907 100
73 "a 75
Col.Chic.AI.C.-.Inc.'7s,'90
Union Pacific— Istmort. 114% 1143, Cent.Ia.— Coup.deb.certa. t
76

69
West. Pac— Bonds, e»
So. Pac. of Cal.— 1st, 6s.

Pennsylvania

tuo

Manhat.B'ch Co.-7s.l899
N.Y.A M.Bh-l8t.78.'97 103
Marietta A Cin.— 1st. 78,

And accrued Intereat,

.

Land grant bonds,

109
104

Olarinda Br.—68, 1919
St. Chas. Br.- 1st, 6s.

San Joaquin Branch.. 108
nosia
Cal, A Ore^rou- 1 9t m
State Aid l)ond8.78.'84

lst,Rio G.Div.,6s,1030

1'23'a

109 'u
Jack. Lan.<& 8—68, 1891
Chlc.it E.IU.— l8t,8.f..cnr.
104
Mil.ANo.— lat,4.5.6s,1910
Col.& Oroeu.— l8t,6s,1916
103 la Mil. L.8.AW._lst 68,1021 100
2d, 68, 1926
81 14
93
t88
Mo. K. A T.— Gen.,con., 6a
Del. L. 4 W.— 7s, conv. '92
Cons., assented, 19046. 107
Mort. 78, 1907
tl27
71«,
2d mort.. Income, 1911..
Syr.Biug.A N. Y.— l8t,7s 122
H. A Cent. Mo.— lst,'90. 106
Moms £ Essex- l8t m 138
Mobile A O.— New m., 6s. Ill's
2d mort., 1891
117
Morgan's La.ATe.x,lat,68
Bonds, 78, 1900
Nash.Chat.A St. 1,— lat, 78 US'*
780f 1871.1901
124 >«
2d, 68. 1901
Istm. .consol., gnar.,78 12311 124
N. Y. Central-68, 1888 .. 10234
DeLAH.C- l8tm.!78,1884 103 "a 104 -^
»'
109>4
68, 1887
lat moi-t., 7s, 1891
ni2 113
102
6a, real estate, 1 883
Ist molt., ext., 78. 1891
114
6a, anbaonptlon, 1883.. il02
l8t mort., coup., 78, '04. »il7
118
N. Y. C. A U.— lat m.,cp, n32'ii
Ist mort., reg., is, '94
118
Ist mort., reg„ 1903 ..
7i':
1st, Pa. Dlv., cp.
1917
130
Huda. B '78, 2d, a. f,,'86
Keg., 7s, 1917
127
Canada So.— 1st, Int, gn. 96 >a
Alb. & SuBO.- Ist m., 78 113
Harlem- let m., 78, «p.
2d mort., 78, 1885 .... 107 !»
lat mort., 78, rog.,19l>0
Ist, cons., giiar.78,1906 1-24
121^ N. Y. Klev'd- lat, '7s, 1906 115
Bens. A Bar.— Ist, coup.
N.Y.Pa.AO.— Pr.rn.68,'96 100
lat mort., reg., 1921
N.Y.C.AN.—Qen.,68,1910 76
Denv. & Rio Or.— lat,1900 113>4 114
N.Y.ANewEng.- lst,7». fllO
lat, consol., 78, 1910..
103
lat m., 6a, 1905
»
•Prices oomluaL

91

122
101

Loulsv.N.Alb.AC— Ist.fis 100 •a

Ist mort.. sterling
Mctrop'lit'u El.— lst,1908
2d mort., 69, 1899
Mich.Cent.— Con.,7s, 1902
lat mort.. 8s. 1882. s. f..
E(iuipm'ut bonds, 88,'83

ids
103 >a
100

St. L.A.'S.F.-2d, es, CI.A

Div.— 1st, 6s, 1921
»52
2d mort., 3s, 1980
Nashv. A Dec— 1st, 7s. 115
S.A N.Ala.— S.f.,8s,1910
Leban'n.Kuoi.— 0s,1931
L. Erie A W.-lst, «S.1919
St. L.

no's

St.P.&S.C- Ist, 68,1910

122
92
80 "a
10215 105
50

.lst.6s,1930

—

.

No.

.

E. H. A N.— 1st, 6s, 1919
Gcu'l mort., 69, 1930
Pcusacola Dlv 6a,1920

103

Iowa Miidl'nd— 1st m., 88
Galena * Chic— Exten. ibs'

11313

90
80

coup., Ist., 7s tl30
reg., Ist. 78..- 127
coin)., 2d. 78.. 125

N.O.AMob.

Sinking fund, reg
illO
Sinking fand. Ss, 1929.. t
Sinking fund, reg
t

99 "a

Lake Shore— Div. bonds 122^

l8tS. Mlnn.Div..C8,1910 103
103-s
Istm., II. & D.. 7s, 1910 1H>V
re^. *2(1. 7s
Pac. Div., 6s, 1910
Lontsv..A N.—Cons.79,'98
Ist ChlcA P.\V.,58,1921
94 Hi
2d mort., 78. gold. 1883.
Min'l Pt. Dlv., 5s, 1910.
CeciUan Br'cTi— 7s. 1907

121', 1221a
9634 96%

1.J

I

Mlch.So. AN.I. s.fd. 7s 108
107 ig 110
Cleve. A Tol.-aink. fd.
New bonds, 7s, 1886.. 108 "s 10934
112
Cleve. P. A .\8h.-78.-.
126
Buir. A Erie— New bds
Buff. A Slate Line-- 78.. tlOO

Consol.,
Consol.,
Consol.,
Consol..

A

'88

A

118-

96
96
91>a 92

West-lat, 78,

3dmort., 7a. 1893..

T.-lat. 78. 1890. tl02
Q.
III.AS.I.— Ist, 78,1882 100
Ilan.A Naples— 1st, 78
St.L.K.C.<6N.-R.e.,7s ibe'ia
Ora.Div.— lat mort., 78 113 11334

108 >•

117

.

Kal. A W. Plgcorj— lat tlOo
Det.M.A T.— l8t,78,1900 J120

Ch.&

C,& N.west— S.f,

111%

122

90

Gs, ly'JO

1st m., Tcr'l Tr., Us, 1 9*J(I
1st Min'l Div.— Us, 19'21
Ohio So.— 1st M., es, 19'21.
OregonACal.— l9t,6s,iy21
Panama— S.F. sab.6s,1897
P(joiia Dec.
Ev.— l9t. Ui
Evans. Div.. 1st, Gs. 1920
Pac. RRs.— C.Pivc G.,G3.

N.. 89, 1915

Gen. mort., 08,1921
99
IlLCeut.— Dub.A IS. C, 1st
Dub. A S. C, 2d Div., 78 110
Ced. F. A Minn.- Istm
Ind.BI.A
1st, pref.,7i

W

1021

2d m., 7

A

Gt.

90% 91

.

1st m., .Sprlui^lield Div.

Ohio Cent.— Ist,

j

116
106

W.St. L.AP.—Continued—

90 >«

117 "a
2d consolidated, 78,1911 ii9" 122

129>a 130
121

110~i
Ist mort., 1, gr.. 7s
l9t mort.. West. Div., 78 108
1st mort. .Waco
X.. 7s ;ii4

8. f.

Con.solirtatcd 7s, 1898.

121 "a
;94

103

Norf.AW.— G.l.m.,(j3,1931 103

Ohio A Miss. — Consol.

109

Gal.Har.A H.Aufo-lal,6s 104
2d mort., 79, 1905 ....
90
O. BayW. A St. P.— 1st. 6s
Gulf Col. A S. Fe— 7s. 1909 lee's
Han. & St. Joa.—88, couv 108
107
113
Consolidated 68, 1911..
Houston A Texas Cent.-

Ist mort., 3-I.5.O3, 1909
1141a
2d mort., 34 5-68, 1909
114', Indianap.D ASpr.— lat,78

Istcon.sol., a.sseuted, '99

Conv., assented, 1902...

"a

Eli7..C.<t>;.-S.F.,dob.c.69
1st niortgugo, Gs, 1920. tide "a
Erie— 1st mort.. exteniled. 125 'e 128
107
Zci mort.. ext'd 5s. 1919
106',
Silmort.. "9, 1883
4tli mort.. ext'd. 5s, 1920 tlOOHi

5thmort..ext., 7s, 1888
Ist.consol., gold, 7S.1920
lAiUg Dock bouil9,7s, '93

SECIJRITIKS.

Nevada Cent.- 1st m., 68
114
N. Pac— G.l.gr.,lstcon.6s
78^8
Registered 6s, 1921
N. o. Pac— 1st, 09,g., 1920
10334

62

Dayton Dlv.— Gs, 1910

46
73"
85

40
60

60
30
36

Tex,4St.L.-L.g.,lncl920

Miscellaiieons List.
(Broker's Quotations,}

L.A C— lst,6s
Gaiv.H.A Hen.— 7s, g., '71 76
101 ids' Kansas A Neb.— Ist mort..
SO
100
2d mort
22
103
Long Island— lat mort.. . 113
3d mort
110
N.Y.AG'nw'd L.— lst,7a,n 50
97% 2d mort
13
11634 117'a St. Joaeph A Pac— lat m.
85
2d mort
loo's 109%
26
91

2d mort., 7a, 1897
Arkaneas Br.— 1st mort. tllO
Cairo A Fulton- Ist m.. 10834
Cairo Ark. A T.— 1st m. 108
84
86
Gen.c.r'yAl.g.,5s,1931..
St.L.Altan A T. H.— 1 8t m. 116
2d mort., pref., 7s, 1894. 108 110
106
2d mort., lucome, 79, '94
130
BeilevilieAS.lll.-lstm.
StP.Mlun.A Man.— l8t,7s 108 "a
105 ib64
2d mort., Os, 1909
Dakota Ext.— 6s, 1910.. 105 106
St. P. A Dul.— l3t..Js.l931 100

Cln.Ind..St.

A

St. Joa.
St.
Tex.

A

Weat'n- Stock.
L.— lat, 68,1910

Wis. Cent.— lataerles,
3d8erle8, new

new

8-9

8S
85
28
116
113
5S
15

90
30

11%

83
80
49>a 60
75
78

Sontliorn Securities
{Broker's HiMtattons.)

Va. State— Now 10-408...

40

43

A Gulf— conaol.78,'97 1108 110
Atl.A Charlotte— 1st, 78.. 109% 110
95
90
72 'a
Income, 6a
83
81
loo's
80. Car'a R'y— lst.68,1920
Stock
93 100
2d, Os, 19'il
Car. Central-lat, 68, 1983
Tex.Cen.— l8t,8.f.,78, 1909 106 107 "4 Cent. Oa Conaol. m., 78. 116 117
135
140
85
Stock
Tol. Del. A Bar.— Main, 6s
80
116
110
Charl'te C.A A.— 2d m.,78. 108
1st, Dayt. Dlv., 6s, 1910
68
........
95
Stock
ibs'
1st, Ter"! truat, 68, 1910
W. St. L. A P.— Gen. m., 6a 88 >a SB's E. Tenn. vitA Oa!— iat, 7« IU3 117
tll3
85
Georgia Railroad—7s
Chic. D1V.-68, 1910..
tioe
Hav. Dlv.—6a, 1910.
96
6s
Memph.AChar.— lat,eons. 110 lU
Tol.P.AW.-lat, 78,1917 110
lat, conaol., Teon. lien.. 114
Iowa D1V.-68, 1921
133 "a
90% 01
ids"
Mlaa. Central— Ist m., 7s. 101
Ind'polls Dlv.- 68, 1921.
109
110
107
Detroit Dlv.— 68. 1921..
3d mort., 88.->.
96 V,
111
N. O. A Jackson- lat, Ss. 108
Cairo Dlv 6s, 1931. ...
136
130
Certificate, '2d mort., 8a. 116
105
Wabash— Mort. 78 of '09
Northoast.,S.C.— lat m.,8« 120
ToL AW.— 1st, ext.. 7s 110
.16ht
110
3d mort., 88
l8t,St.L.Div..7s.l889 107 » 108
2d mort.. ext.. 78, '93.. 104*4 105% Sonthw. Qb.— Conv. 7s, '86 107
83
135
Stock
Equipm't bonds,7s, '83
104 107
1st. 7a.
Westerm N.
Consol., (;onv., 78,1907 id3% ide'
icf7'

No pries Friday—tlieae are Uteat qaotatloas mada tbts

Atl.

.

C—

woek.

THE (JHRONKJLE.

56
New York
Bank

Insurance Stock tlst.
rouotatlons by E. S. Bailey, Broker,
No. 7 Pine Street.]

not

Am. Exchange...
Bowery
Broadway

& DroT'rs'

Butcberl'
Ceotriil

Cbuiie

Chatham
Cliemical

150

125

American
American Exchange
Bowery
Broadway

,161

U7

Brooklyn
Citizens'

City
Clinton

Columbia
Commercial

Continental
Corn Kxchange*....
East Klver
Eleventh Ward*....
Fifth
Fifth Avenue*

ta«

Eagle

Empire City
Exchange

Gallatin

.

Irving
Island City*
Leather Manui'trs*.

I

—

Mechanics'
Mechanics* Assoc'n.
Mechanics' & Tr'drs'
Mercantile
Merchants*
Merchants' Exch'ge
Metropolis*
Metropolitan
Mount Morris*
Hill*

Nassau*

York
York County..

N. Y. Nat'l Exch'ge.

Ninth
North America*
North River*

!33
235

ilO

Lenox
Lonir Island (B'klyn)
Loriliard

130

Manufac'rs'
ibo

Manhattan
Mech. .& Traders'...

1(38

Mechanics' (B'klyn)
Mercantile
Merchants'
Montauk (Brooklyn)
Nassau (Brooklyn)..
National
New York Equitable
New York Fire
New York & Boston.
New York City
Niagara
North River

;o6
100
100
100
100
100

123

ife
164

Paciflc

108

Park
Peter Cooper
People's

60
IOO
100
100

.

Sixth

Stateof New York..
Third
Tradesmen's

Build

100
100

100
100

Seventh Ward
Second
Shoe and l^eather.

&

60
60

100
25
20

Nicholas

.-...

Kinxs County (Bkn.)
Knickerbocker
Lafayette (Br'klyn).
I.amar

100

Pacific*

Phenlx
Produce*
Republic

& Tr'd'rs

13^
141

H2

25
50
25

Oriental*

People's*

Home

Howard

141!^'U9

100
IOO

70
so
25
50

Park

13e>4

Importers'
Irving
Jefferson

50
60
IOO
50

144

Phenix

121

Relief

124)^

Republic
Rutgers'
Standard

IOO
100

United States

83
100
118
DO
108
115
IF5

185
1)5

•

153

SaM. City.

120

75
180

113

I'lO

98

80

70
180

155
190

.ilU

;53
118
SO
70
120

51

ba
80
60
118
60
123
96

65
140
103
145
153
80
122
120
60
120
145

140

143
75
117
115

155
37,^ 110
13

S6
100

100

100

85
65

110
78
70

190

19

100
50
23
25

100

UO

200

210

IOO

120

128

20
50
50
50

IOO
lis

200

163

h5
70

25
23
23

i

120
IE 7
90
S-)

140
lis

153
125

85
00

90
70

123
ir'5

125
115
210

10

60

130
ISO

[Gas Quotations oy ueorge H. Prentiss, Broker, 17 Wrll Street. ]
COHI-AIIIIIB.

Brooklyn Gas Light Co
Cttlteaa'OasCo (Bklvn)
do
boaas
Bsrletn
Jersey City

Kasterr. (MaES.).

do

Fort Scott A
do

.

scrip
,

Osairaiot ^ew;ork
Williamsburg
do
bonds
MetropoIItaa. Brooklyn
Municipal
do
bonds
FnltoD MunlciTial

,

NaheaaS Lowell............ ..
Sew York .% New England...

62«

62>^

Phlla.

Rutland, pref erred
Kevere Beach & Lynn......
Vermont & Massacbusetts.

L.

Grant, Broker,

100

mortgage
1,000
Broadway & Seventh Av.— St'k
100
1st mortgage
1,000
Brooklyn City— Stock
10
1st mortgage
1,000
Broadway (Brooklyn)— Stock ..
100
Brooklyn Crusstown.- St'k...
IOO
Ist mortgage bonds
1,000
Bushwiok Av. (B'klyn)- Stock.
100
Central i'k. N. & B. uiv.— Stock
100
Consolidated mort. bonds
1,000
Ist

Ohrlstupiier & i'euth St.— Stock

Bonds
Dry Dock B.B.4 Ilatt'ry—Stock

100
1,000

100

1st mortgage, consolidated
300*c
Eighth A venue— Stock
100
Ist mortgage
1,000
«2d St. & (3 rand St. Ferry— St'k
100
Ist mortgage
1,000
Central Cross Town—Stock
100
.

1st mortgajfe

noust.West st.i Pav.F'y— Sl;'k
1st mortgage
Second Avenuo— stock
8d mortgage
..

..

Extension

Avenue— Stock

1,000

100
600
100
1,000
1,000
^OOdfcc

'.

Ist

IOO
1,000

1st mortgage.

1,000
too
l.onn

mortgage
Third Avenue— Stock
Ist mortgage
Twenty-third Street—Stock.

145

900,000 J. 4 J.
694,000 .;. & J.
2,100,000 Q-J.
1,500,000 .J.*D,
2,000,000 Q-F.
300,000 M.&N.
200,000 Q-.l.
400,000 /V.&O.
800.000 J. A J.
500,000 J. & J.
1,800,000 Q-J.
1,200,000 ) . & D.
030,000 r.4 A.
230,000 I. * .1.
1,200,000 Q-F.
900,000 J.&D.
1,000,000 Q-J.
203,000 J.& J.
748,000 .M.4N.
236,000 A.&O.
600,000
200,000 .si! AN.
250,000
500,000 J.'*'.i'.
1,199,500 J.&J.
150,000 A.&U.
1,050,000 M,AN.
200,000 M.ftS.
750,000 M.*N.

500,000 I. & J
100 S,000,«00 Q-F.
2,000,000lj.& J,
800,0001
250,0001

F.&A.

M.AN

«

26
113
2>s Jan., ''2 140
'84
7 iJune
104
Nov., "81 198
Nov., '80 102
Jan., '82 180

7

.Ian., 'fZ
,)'ly,l"0ll

Oct., '811150
1888
I02i4
Jpn.. *82 120
Jan., '-2 130

I)ec.l9021118

Aug.,

'81

95

1S98
IOO
Nov., -81 220

June, '931110
Ja:i., '821200

Jan.. '81 100

Nov., '81 200
Apr., '93 110
83
Nov'.ilidj 103
115
j'ljiy! '94
05
Jan., '82 140
Apr,, '8.' 1(3

Uct.,

-Si
.'81

Sept.

Oct.
July

Nov,

"81

108
140

260

'MO 110
'81

200

l.luly, '90 111

Aug

,-Sl

15«

(taova last dividend on stocia, but the date of maturity
tontU.

2dra., 78,cp

I2i>4 125)^
cons. m.."8,cp., 1911
(!on?.m.6i,g.lttC19iI 113
\sn
0,
Imp.m.,6?,g„
98
gen.m. 6<, g.,C.l!Oi li5 IbO
In. m..78,coup.,'89C.
d.;b.

do

coup., 1^93*

cjup.

—

65

off, 1893.

scrip, 183i
7s, R. C, 189378, coup, off, '9.''

conv.

Wilm. &

Bait. 6s,

'84,

_

_

Ti
CO

n
•

iOis

.

STATE AND OITT B0SD8.
Penna. 59, g'd, Int ,reg. or cp.
do 5a, reg., 1582-1832
115
do 5s,new,reg.,IS9i^i90:
do 68,10-15, reg., 131. -82.
reg.,l98J-'92.
68,15-23,
do

Warren* F. 1st m. 78, '96
West Chester cons. 78. '91.
West Jersey 69, deb. coup, ,'8i.
Ist m. 68, op., »o.
do
l8tm.7B,'99

do
do

cons. 68, 1909

W. Jersey*

....

uaa

Atl. Istm. SB, cp.

Western Peun. Kit. 6B,cp.'
105
6s P. B.,'96.
do
CANAL BONDS.

6s,n.,rg.,prlorto'i>r.

various

Ches.

Broad Top...
do pref.

13M
28
62^!

63
60
105

115

IIHW

,

—

MlnehlU
Neaqoehonlng Valley
Norrlslown

Broadway.]

121

78, reg., 19111
do
do
K'Ch.* Danv.con3.int.8a,19'5';-,v
ShaniokinV.*PottBV.7B, 1901 ""
Steubenv. & Ind. 1st, 69, 1884.
Stony Creek 19t m. 78 1907....
Sunb.Haz. & W.,l8t ni.,5s.'2i 25
2dm. 63. '.938..
Sunbury & Erie let m. 7b, '97..
Kyra.Gen.* Corn*,r,lBt,:s,1905
Texas * Pac. Ist ra.,68, g..I903
Klo Grande D v..
do
con8.ra.,0e,g.,190S ••
do
Inc.*l.gr.,78 I9i;^-do
Dnlon* TltuBv. ist m. 78. '90
Dnited N. J cons. m. 68, '94.

57V<:

Little Schuylkill
fl

90

ISIO 117

do

117
119>6
lOSii

Pltt8.CIn.*St. L. 7s, cou., ISOC'

PHIt.Al>Kl'»*M«A

&

IW

Phll.*lt.Coal&Ir'n deb.7s,9S*
deb. 78. cps.oft
do
do mort., 78, 1892-3

Lehigh Valley...

Bleecker St. * Fult. Ferry— St'k

nn

do
do
do
do
do
do
do
CO
do
do
do

•

...•

Ksa

*

Phll.4 K. I6tm.08,ex,due 1910

pref..

.

sa

—

63,1920
po
do
Phlla. Newt'K *^.Y.,lstm.

Old Colony
Portland Saco A Portsmouth
Pall!i:an Palace Car

49, reg., IS94-1SI04

53

Erie 2d m. 7s, cp.,'3S
do
cons. mort. 6s.i9'.iO

Northern of N. Hampshire...
Norwich & Worcester.
Ogdensb.* L. Champlain ...

Huntingdon
do

[Quotations by

* This coin

103

121
117

e'j.rg., 1905.
68, cp., 1905.

...
Penn. Co.,63. reg
4>jS
do
do
do
CO »., 19:0
Perkloraen Ist m.88,c"up.,'8
Phll.Wilm *3a t.,48,Tr.cerlB

am
83 H,

4b,

cons.m.
cons.m.
do

do
do
do

& Sioux Cliy....
Kock* Fort Smith ..
Manchester & Lawrence...
Mar. Hough, .ft (lot
Mar. Hojgh. & Oat., pref...

do

..

.

1906 ...

Pennsylv.,gen. m. 68, cp.. 1910
gen. m. 68, rg., 1950.
do

22
93
123

Iowa Falls

.

Scrip

& BR. 7B.1896

do

WestWrn;'.!
Buflauf I^tta*
pref
do
25
Camden A Atlantic.
pref
20
do
00
13
Catawlssa.....
53
pref.....
do
52«
new pref
do
Brook....
126
Delaware & Bound
50
Bast Pennsylvania
40
Elmlra A WllUarasport
pref.. S8
do
do
Har. P. Mt. Joy & Lancaster. •l

Bonds
Bonds

_

do
Pa.* S.Y.O.

&

Pa_ople's (Brooklyn)

Sixth

"i)8

1033,-

103
103

Oil Creel! I8t m. 78, coup.,'8i.
rltlab. Tltuav. & B., 78, cp.,'96

182

common

117

.

NoifkS!Weit.,gen.m.,«s.l'8I

BAILBOAD STOOKe.}

l)ond9

Consol. convertible

87
107 y

36

pref
Golf, pref

Philadelphia, 56 reg.

A Uoboken

2dm.7B,cp..
do
do gen. m. 78, cp., 1903.
do gen. ra. 79, reg., 190'^ U9la
Ho new loan 1 8, reg

do

.

118

Little Schuylkill, lat m.7a,'8a
OlJi
N. O.Pac, Utm., 63, 1920
North. Peun. 1st m. 69, cp.,'85. 104

27^

Lltue

do
do

Mitual.N. 1
do
bonds
Hassan, Brooklyn

New

L12
67J4

Hi

APere Marq

.

do 2d ra.78, reg., 1910.. 134
do con.m.,68,rg.,I9^3 117
6s,cp.,19i3
do
do

Phlla.

Eastern (New Hampshire)
Fltchburg

Flint

H95....

Ithaca* Atlienslst g d, tS.,'SO|
1 st mort. 63, '82
do
2d mort. 68, 19U0

loo's

113

•;••;••

'8y...
'90.

gold.

58,

.

S6)^

.

cons.m.

Lehigh Valley, l8t,6s,cp.. 1896
do
do reg., 1898... 12VA

9iH

Boston & Albany
Boston &Lowetl
Boston* Maine.
Boston* Providence
Cheshlrepreferred
Chi'-. AW. Michigan
Cln. Sandusky & Clev
Concord
Connecticut Klver
Conn.& Pasinmpslo
Conncttou Valley

m. 7s.

B. T. Ist

J unction

112V4

AtcMfon & Topeka

do

....

Manhattan

do
York

ioa%

& Lake Cn.M...
lue
So
9M Colony, 7a
Old Colony, 88..
Pueblo & Ark. Valley, 38
100
Rutland 63,1st mort„....
Vermont & Mass. ltB.,69.. ..
Vermont & Canada, new Sb.
3T0CKS.

lo etropoiltan

do

.

WiircesterA Nashua
WlEConsin Cential
pref....
Ao

Gas and City Railroad Stocks and Bonds.
SAS

H;^i8.

&

CO

ijgdensburg

03
155
liO

JO.&C.

New York* New Kng.6»....
78 ...
do
New Mexico & So. Pac. is...

70
135
160

iri6

St.

H.

113

R*k & Ft. Sir.ith,7s,Ut
Mexican Ceatral, is...-.

12m

Br., 1st, 78. 1905

Harrlsburg Ist mor'.es,

.

so. 49...

Little

130
300

125
3;o
83

16
60
50
100
60
50
100
80
20
40
60
100
26
50
25
100
100
25
60
50
50
50
60

.s

63

&

& Bound

BastPenn. iBt mort.7e, '88 ..
E1.& W'msport, 1st m.,78,'80.
5s,perp
do
EaEton & Amboy, 53

& Lowell 7»

K. Cltv Lawrence

120
91
IPS

78 1900
1900-1904
Ciiartlera Val., lBtm.7«.C.,I90:

Del.

32

do
Boston & Providence 78. ...
3url.& Mclandgrnnns..
Nebr:6s:v.:::F.xi4
Nebr.63...
do
Nebr. 6a ..
do
Nebr. 49
do
Chicago Burl. &. Quincy 4i. ;.
loyi.
oi u. * Passumpsic, Tb,
845^
Ccnnctton Valley, 78
I06M
eastern, Mass., 4^8, new. ..
l?ltohborgKB.,«8
7s
do
111
Fort Scott & Gulf IS
OT!^
Hartford & Erie 7s

60
105
230
240
B3

*88 ..

'0
new
Connecting 6s,

Delaware mort..68.\arlouB..

95H

68

l:i7

240

100

Tradesmen's
United States
Westchester
Williamsburg City.

100
100

West Side*

150

50
100

Stuy vesant

40
50

140
50
100

Albany

do

ibS
160

116M

income
o
Boston & .Maine 75
dostou

2' 10

&

land grant ib
land [nc. 9i
Paclfl , 6s.

.

.josioniK

I.i5

150
lis

100
25

Star
Sterling

100

Union

BOSTON,

110

IB'J

50
60
25
100

Hamilton
Hanover
Hoffman

100
25
100
100

Germania*
Greenwich*

17
20
70
100
30
60
100
40
100
80
17

Globe
Greenwich
Guardian

75
100

German American*
German Exchange*

2!i
2!i

10
100
100

German- American
Germania
135

143
iOi
200
180

50
100

.50

Farragul
Firemen's
Firemen's Trust...
Franklin & Emp..

25
25

Fourth
Fulton

Manhattan*
Marine
Market

150
127

•.60

100
100
100
100
SO
50

First

Hanover
Imp. and Traders'.

Continental...

100
100
100
10U

Commerce

Murray

VM
iOO
100
25
25
100
100
25
100

25

CttUena'
City

Bt.

A$lc.

£{ationrtl.

BKCITETTIKS.

Catawlsca.chat. m., 108,

itcb.&TopekalBtm
Atlantic

Bid.

Bid.' Ask.

America*

New
New

COMPANIES.

Par.

Bid. Ash.

8K0TTBITTRS.

do
do

Pbice.

Companies.
itarlied tfiiM (*) are

XXXIV,

Vol.

notations in Boston, rhiladeipliia and Baltimore.

Local Securities.

Stock List.

I

iOH

&

Del., ist m., 6s, 1886

Lehigh Navlga. m.,68, reK.,'8l
do mort. I'.K., rg ,'9
do mort. gold, '97....
do cons. m. 73, rg., 1911
.Morris, boat loan, reg., 1883.

2d

m.

BO

1C6M
117iii

111«
I18V<!

117

117

Pennsylvania 6s, co'.ip., 1910.
Scbuylk. Nav.lst m.68.rg., 97

do

US

68, reg., 1307

SO

1

1

BAI^TimOUE.

Maryland 68, defense, J.& J. 103
68, exempt, 1687
do
6f. 1890, quarterly..
do
do
68, quarterly
Baltimore 68, 1S8I, quarterly. 104
62)4
106^
do 6e,;8S6, J.& J
do 68,1890, quarterly... 114M
60)^
do 6B,park,I390,Q.-M.
57ii
do 68, 1893, M.*S

104«
108
115
115
120
12s

do 6s,exeropl,'9S.M.&S.
•3S« 58
Norfolk A Western, pref
J
do 6s, 1900,
com,...,
do
do
do 68.1902, J^.AJ
'60
59
North Pennsylvania
120H 121M
do SB, 1916, new
615» 81T4
Pennsylvania
8a
water,
20 J* Norfolk
PhllartclpblaA Brie
RAILROAD STOCKS. Par.
Reading
32H 38i>s Bait.* Ohio
Pnlladelphia &
210
100 195
Philadelphia ds Trenton
18.1
istprtf.
60
Pblla.Wllmlng. & Baltimore.
ias
2d pref.
do
^
Duluthlt.K.Com
Bt. PaulA
Wash. Branch. 100
do
do pref
do
11
Parkersb'gBr..5u
do
United N.J. Companies
50
Northern Central..
West Chester consol. pref..
50, 'if
Western Maryland
WeBtJersey
50 4S
Central Ohio, common
West Jersey* Atlantic
SAILROAD BONUS.
CANAL STOCKS.
108
Halt. & Ohio 6s, 1385,A.&C.
Lehigh Navigation
43>s 49« N. W. Va. 3d m.,guar.,'85,J&J
Peuuaylvanla
165
123
Plttsb.* Conneirsv.';a,'9a,J&J 120
Scboylklll Navigation
'85,
J&J
IOS1.5 109
Northern Central 68.
pref..
do
120
6b, 1900, A.*0.
do
KAILKOAD BONDS.
do 6b, gM,1900, J.&J. iia
Allegkeuy Val..7 3-10s,IS9«..
Cen. (lblo6B,lBtm..'90,M.*S. ilO iiji
78,E.ext.,i9I0
do
W.Md.68,lBtm.,gr.,'80,J.4J,
do
Inc. 7s, end., '94. 58
do Ist m., 1890, J.* J... 105 106
38>fi

Q—

.

Belvldere Dela. 1st
rto
2d

CatswlSHslst.Ts. conv.,'Ha...
*

In default.

do 2dm. .guar., J.&J
io3
do 2d m.,pref
115
do 2dm.,gr.by W.Co.J&J ...
do 69, 3d m.. guar., J.&J.'
Mar.
ir. & Cln. 78, '92, F. * A... 125
104i<
inis
2d,M.&N
do
.ISM lUfe
tay. 58«
S9,3d,J.*J
do
103i«
Union I'.R. I9t, guar., J.&J..
ti-mon endorsed. lit
do
103
soil io
Consolidated Gas
1U«<
bonds .^
Do

m.,69,ll>U2.
ra. 68. '8.i.. i(KJ

adm. 6a,'i7.,
do
Camden «Am'-t. •.cj.toLLp,'!^
is, c 1
do
do
mort. 68. '89....
Cam. * Atl. l8i m. 78. g., 1^93
do 2(1 ra. cur. 78, lc79..
do con9.,6p.c
Cam. & Burllngtou Co. ea.'tfl.

108
103
107

t Per Bfaaie.

JANUABY

THE CHRONKJLK.

14, 1682.1

—

Tbo latu^t railroad earningH and the
1 to latest date are given below.
The

Railronil Kiiriiiiigs.

from January

totalH

th« Rros.-i eaniiiigi of all railroadH from
which r.'tuniH<^an bo obtained. The uolamns under the headintr "Jamiary 1 to latest date" furnish the gross earnings from
January 1 to, and inuludin^, the pdiioa mentioned in the
second column:
Ln(f4l earnvig* reported.—> --Jan. 1 to latul date-.
1«S1.
1890.
18S0.
WrrknrMo. ISSl.
*(il.375
$787,518 9644,331
Als.Ot. aonthi>rn.l)i««iiil)<T. ifsn.Ol'J
»tat«<iiient

iiii'iudf'S

67

No»T Vork (Jlly Hunks.— The tollowlng stateraHnt shows th«
condition of the A.ssoelated Uaaka of New Vork City for th«
week ending at the commencement of btuineM on Jan. 7.
Banto.

Caplfnl.

Loatu and

St iUpf$

H^.

iHkoiuiI:

ivXii. <»an

(Hrevte.
tttn.

U. a.

,

Atoh.T<)i>..t.'<. K«.Ni>vi-mli<i-.l.-J77.0iw)

HS7.lft3

J4.ili7
70. Id'.*

v;'.',300

2a5,2!>0

2fll.0H2

.^8,l:^l

0.486

2.2.10.o:)7
423.7t>;i

S.O.^S.Hl

.l/i.'d

Boitt.* N'.Y.AIr-L.NovcmlKT.

Biir.C.U:iii.ANo..ltnwk
Calio.t St. I-mlH.llliwk

I)l>o
l><io

41L',()21

Oii,495
4(J!),0ilS
.'i4i,(!5l
<'ur.>lln!i Conlrol.Niivcinlicr.
tViitrui l'a.Mllo...l)oiemlicM-::.lU).0(>ii l,no:>,22l 23.il»7.!».M 20,."0S.1I'2
2.4.'-.»i.3O0
2..V)S,300
23-.,
240.70(5
rw,".
NnvonilKil-.
C!l.'9. .^ Ohio
lir>,324 7,5.'>3.!t8-t 7.718.11)8
ailcai.'..& .\lton .4lli\vk 1)00 131.779
Chlr. Hurl. atQ...O<!tal)«r... 2,031.001 1,034.702 17,454,332 17.004,610
27.8.'3
34,300
Chlo. .*; iMist. I11..4tUwk UiMi

(i7.000

Clilo..V(J.'rik.Wk.ciiil.nfC.

31

3.'>.0!)G

Clu.Ind.St. UACD.-ccmhor.
ClnoimiiiU yoiitli.DoccrnlHT.
Cln. & Siirimtr. ..2it wkOot.
Clev.Col.C'lii.t 1 Octolii'r...
Clev, Mt.V. ADel.ltliwkDoo
DegM.Aft.Uo(li:e.3(l wk Dec.
Det. Lans. ANo..I).>wml>er.
DubnqiioAH.t'lty.Uccwiilier.

I!)2,ti23

EantTeuii.V. &a.Defciul>.T.

30J.:>.')7

230,171
24.838
40l.<i.52

12,175
7.r>r>0

2U

120,
107, .")04

iPere Mar. 4thwk Deo ,).>. 80
Qal.IIar.iSan A.Ootot'or... 128.110
Gr't Western. Wk.euilDec.30 105.020
8,718
Qr'nliay >fcMhHi.l9twkOet.
Gull Col. *rt Fe.Deceiulicr. 140.008
21,841
Hoiiet.E.itW.Tex.UMOmber.
HoU8t.A:TexasC.Octolier ... 380.5-18
Flint

nilnolsCen. (IlD.Decenilier.
(lownl.neceiuber.
Do
lludlanaBl. JtW.4IUwk Deo
Ind.

UCC.&

8p... December.

5:;0.100

100,004
38.0.-)8

37.00-*

05 748
00.278
December.
Iowa Central
K.C. Ft. S.&(iulf.Deeeinlicr. 132.700
30,.">00
takeF.rle* We8t.4tliwk Doo
63.758
Maro. II. & OnVn.Novcnibcr.
lnt.4Ot.NortlI..4tliwkDft0

Memi>..MC'Uarl...4tUwk Deo
Memp. Pad. &No.3d wk Dec.
Mlnn.&St. Loul8.3 wks Deo.
tMo. Kan8.JcTex.4tUwk Deo
Missouri Pacitlo .4tliwk Deo
Mobile AOIilo.... December.

23.313
0,214
81,540
241,441
230,0:>0

'.'O.eiM
l<>8.3fl4

2,200.916

20.277
421,418
11.516
9.015
00,102
02,798
302,525
4x,447
102.206
00.570
8.371
82,003
10,.'S27

478,090
522,565
150,616
41,492
37,893
74,813
81.402
127.340
31.003
35,408
24,867
6,099
47,713
178,436
130,328
287,372
182.087
198,107
432.691
181.746
459,054
220,993
25,768

202.025
Nasliy.(li..t8t.L. November. 132,050
N.Y.&N. Enel'd. December. 2.'.7 720
N. Y. Pa. A; OUic. November. 432,511
Norfolk .t West. ..December. 100,780
Nortlierut'cntral. November. 487.100
Northern Paciflo -December. 431.331
Dfcemlier.
90.0-'0
Ohio Central
December.
31.108
OUioSouinem
Orejf'nK.Nav.Co. December. 373.700 157.574
13.459
Pad.&ElizabetUt.Sd wkDeo.
9,533
Pennsylvania ....Noveniber.3.840.2l5 3,574,913
Peoria Dec. &Ev.4tliwk Deo
17,037
12,327
284.078 321,966
Plilla<lel. & Erie.. November.

&

734.343
3,700,212

7.50.048

120
424,270
302,733

3,72.'),

420,508
312,751

1.145,492

1,097,525

1,858,253

1,590,948

5,232.553

5,175,546

00.843
2,S0r>.3.')0

0.5J8.745
1,775,488

503.008
2,792,518

429.102
1,033,394

l,547,2,i9

1.373,012

1,206,724
1,164,101

l,23i,09l

1,168.515

238,712

212,913

8,019,743 6.127.217
0.783,327 5.420..i70
2.400.437 2.273,022
1,902,120 1,873,427

4,023,834
2.257,192
4.907.074
4,044,570

4.793,070
2.004.103
4.536,070
2,029,710

4.301.081

3.338.008
393,382
37.712.240
448,028
3,445,814

Clii.9t.P.MInAO..l8twk
Col.iHock.V.,&c.l8twk

ItenverARloQr.lstwk
HannlbalA.St.Jo.lstwk

Istwkjan
Long I.sland
liOUiAV.
Nashv.lstwk .)au

i

32,001
201.610

1831.

241,050
261,700
59.433
59,527
69,318
36,081
22.706
159,900
7,694
21,352
46.92t
58,593
4,538
183,132

529,566
40,302.427
038,073
3,171.537

Jan. 1
1882.

to

320,000
340,400
72,761
01,527
123,037
31.120
32,004
201,040
13,910
17,971

dale
1381.

.

241,030
201.70O
30.488
50,527
69,318
30.081
22.700
150.000
7,004
21,332
40,028
58,303

Sh.&Wcst.lstwk Jau
13.910
8t.UAlt.&r.H. ..Istwk Jan
17.071
8t.L. & San Fran. 1st wk Jan
54,770
.54.770
8t.P.Mlnn..t.«aii,l8twk Jan
77,073
77,075
Scioto Valley
let wk Jan
7.237
4,538
7.237
Wal>. St. L. ctePac.lBtwk Jan 291.505
133.132
291,505
Exchani^e. Quotations for foreign exchange are as follows,
the ontaide prices being the posted rates of leading bankers
MU.I..

—

10.020.000

»7ii.')O0

"•.19 1.000

ti-.WtlX

a,oi)o.(KH)

•iu.wn

rt.H2.WX)
e.Tni.ooo

"'u.)Ll«i<J

22.-1,400

B.|l«'<,.')Ol

IW(l.4O0

O4>,800
S«.«0«l
21'l.uaO

0.3-i«.40l
a.outi.inx
7j«44.7ili

ii.:«o

:i,0()0.0(H(

Ph.Bnlx

1,0(HI,00<)

4. llO.VNfO
:t.snf.iHKj

,000,000

7.:ii.-..»30

780,000
SJilO.IUU

rradesmen't
Kulton
Chemical

l,OOO.fKK)
eOO.lKHl
iMO,(XIO

a.(i;i.soo

88W,I<00

ileroh'ntii' Kxcli.

1,000.000
1,000,000
300,0(X1

l.;>u;.«oo
l.l<)».OO0

Cltr

1

Oallatln Nutlun'l

Butcher«'&l>roT.
Heohaulcs* A Tr.

State of N. Vork.

American Bxoh..

M)7.3«a

l.'i4J)00

I-I.TCAOOC

S.7S7.7(IO

a It, 800

4.O1.1.700

ain.7oo
111.000

J!00,(K)0

WLWOO

52«,tVX
4so,aoo
845. lOV
ise.OQo
1U.40C

80O,0f.O

3.I5S.M)0

«47,»flO

800,000
800,000

l.'ii:).a(Ki

248,:>(K)

,;i.;.)7.5oc

T.i.iiyo

1.'^ 111.700

s,ooo,oaa
5,000,000

Commerce
Broadway
Paolllo

1.000,0011
l.OOO.OIHJ
4ffl,70O

Uepubllo

l,SOO,l)l»)

Chatham

45n,oiKi

Mercantile

North America..
llanover
....

Nassau
Market
Nicholas

dt.

Shoe k. Leather..
Corn K.TChan{{e.
Uuntinoiital
Oriental

Importers'

Park
.Moch.BkK.Asa'n
North Klver
Biist Ulrer
Fourth National.

York County..

N.

(lerm'uAmeric'D
Chase National..

Serman Kxoh.

Total

The

Dematid,

140,100
•Ml. tan,

H7^,40C

9M»

2.673.W0

83.300
132.UUU
800,000
433,400

I.OW.IKX)
,8,4M2.»00
10.8. 0.000
9.7»S,10O

4S0.O0O
88,600
4S,0OO

<.l.W.:t00

VtMMX}

il70.10U

800,006

-i.iV).:m

•SU.VM

6.228.700

217,500
19l,Z00
145,800

2.5-UI

-i.Mb.noo
3.;ii)-','.>iK,

W4,7oi

ii..M,'.

5(JC

2911,703

2.519.000
1J0.3UU
IIM.IOO
448,100

S.OTl.OOO

8i»,'i(Xi

l4.uorl.iMX]
H.1.'>3.BUC

2.liJ»,«0C

2,117 l.iOC
3.U,-.).I0(;

871,000
5.3US3l)0

2,000,00(J
800,00(1

17,1122,90(1

4.'5li',00O

U34,S00

144,70(1
31.1100

itsa.ioo

250,00(1

l.in.uoo

8,200,000
2.000,000
800,000
750,000
800,000
1,000,000
300,000
250,000
200,000
750.00O

17.8stJ.4ilC
M,31-J.00<>
3.334.0' JO

8i,:oo
24«.lioo
l,0»l,8o()

109.100
4.iia.soo
SOl.UUO

8CO.O0O
418.000

2I2,lou
,78,400

2.33O.300
2.410.40(1

10<,(10(.

2.3l73n(,

270.000
3,900
480.000

l.«72.3X

4M.O0O

7..T.1

2.S42,O0O

4.11I0.U00

21,107.500

803.100
6U,40u

21.2«5..->0C

18J.20;;

603.11(10
l,22l»,.'<00

2l>2.20«

s-'*S2!£;
770.000

209.300
4fB.5(IO

t.UlS.800
48.000

69»0ilf.

1,019,900
979.000

239.000
810,000

17,2fll.S0O

S.OJ9.000
3 3-3.(10()
6.012.700
1 8 2.12 000
e.213.100

1.287.000

1,C23,5W

268.800
225.000
180.000

118,200
111.000

l..'.4i

479.9(X.

LOSS, 100

270.00*
eoo,oco
435,800

1,1)70.000
I, 17s. on

277.1.00

2,4Stl5,6O0
4,3>3.it(X

221.300
1.408.7J0
410.0.)U

9«,3iJ0
1V9,4«)

5

i.ioy.iwii

1.4i7,20O

25.800

240 100

1.672.000

1.3111.500
4,16i»,aOO

70.6' 10

1.147.900

204.800
iJl.OOO

4,191,100

490.000

«i.;i4.()oo ll.BTS.io'i 291).!«)0.4'Vi

so.aneooo

ai.ifla.'Do 316.1 10.4'V

ZXtK

76,2

.

|

8l,6«e

1.6 74, SKI

week are

Inc $3.R^7.coo Net deposits
Inc. 3,731,900 Ciroulstlon...
7J4.S00t
Inc.

1.000

2.19j.5(IO
0-<SrtO(
.l.»29,8

.

as tollows
Inc.

*9,eio,oo»

Ino.

48,000

1

The following

TOSJUO

1.S9T.200

'81.000

W3.5O0

4SO.00O
4.S00

2,7«S..'«0
B,4rt2.700

138.»0()

6.0;.'1.2(I0

loo.ooc
801,000
200,000
500,000

1.138.000
4iUI0O
5,400

1.098.100
2.H76.700

2.830,a«O

l3.1jy.0(K)

800,001.'

3.07'<,700
•3.470.2()0

4.000
3.1X0.10';

4'J3.:)00

Wi.Oob

two

n.47 1.000

5.«.aoo
l.'iH.UW)
25O.O0O

0.274,500
I.4u7,l00

076.800

SlJlll.VI
BUl,()i>j

70.000
100.000
147,000
llH.5U0

814,<J00
l,4»l,'.00
»4.7ufl

(1.7US.4W
8.&13.1.00

1

5t2.20t/

7»7,;oo
iao,i(o
249,000
ba7,loo

2.0J'l.3flO

Specie
iMsal tenders

li4.0<IO

.099,1100

942.1)00

deTiattons from returns of previous

are the totals for a series of weeks past:

Specie.
L. Tenders. Deposit). Circulation. An. Olsor
t
«
«
«
1881
Dec. 3 ....31."..321.700 53.316.800 15,861.700 286.437.800 lO.iaS.SOO .982.830,200
•
ID ,.314.7'«,9U0 54.(*'J8.v<00 15,740,400 2»18,245,100 20.2311.400 fiii.33iM»

Loans.
t

•'

17 .....il2,y78,100

••

21
313,164.100
81 ....318,443,400

"

55.222.200
5;.3*i.l00
57,7^2,500

1->,TW.500 2-il.9J7,«)0O 20,127,800 7»8,618,8$7
16,0H.3'J0 2S7.44.S.100 20.123.800 in»'< OTj.noa
13,042,000 289,890,400 20,162,400 815,836,2:.'

61.514,000

16,678,800

1882.
7.... 319,110,400

Jan.

Boston Banks.
banks for a series

299,500,100

20,209,0001001,4*8.17

—The

following are the totals of the Boston
of weeks past
Specie.
L. Tenders^
*
t
7,783.800
4,809,500

Loans.
%

1881.

Dec. 27..

150,937.400

Deposits.* Circulation. AfS. Clear
«
»
»
94,765.800
32,302,300
78,360326

18*3.
7.2116.100
8.010.100
06.6?4.fl00
l.'S1.59.1.6ll
4,731,400
153.2l«l,030
7,917.50)
97,342,500
8.
IncludLU)£ Lhe item " duo to other Daniu.*

Jan. 2..

.

*

Philadelphia Banks. -The

82,005„300
32,191,100

60.701.788
83,940,838

totals of the Philaielohia

are as follows:
1881.

Sixty Dayt.

l.42Vi00
:,127,()0(i

i.i'.'U.ioo

ID.aW.luu

and discounts

lioans

731.700
HOO.OOO
288.600

48.(l()0

IM.OOO

o.iilK.lOO

SOO.WIO
400,000

..

laijioi

2..'.«;.iJOo

1,500,000

Avenue....

irifth

1. 486. 400
,IJI16,100
IJj)27.«0C
3.201. «0('
2.2'8.2U0

2.4M7.5O0

a4o,ooo

Central .Nat
Second Natlon'I.
Ninth National..
first National..
Third National..
». Y. Nat. B.xch..
Bowery National

y.Vdd

»87:SW

3.i).0.'i()(l

l,f)00,0i«

& Tr..

4H00O
MOJUOO

ift,;4;).2oo
5.ii:l,50(i

5.;i8l.B(IC
3, llls.7()C

700,000
1,000,000
800.000
8,000.000
600,000
1,000.000
000,000
600,000
BOO.OOC
1,000,000

Cltllens'

Deo. 26.
13.

,l,;i;:).8o<i

xou.uoo

arconwich
Leather Man'f'rD
Seventh WurJ...

:

January

,!MI<),IHN>

1

America

Uermanla
U.S. Nat

.

.

1882.

230.000

1J,OBO,(XI<I

»,ooa.iMH)

Marine

I

Jan 320.000
Jan 340.400
Jan
72.701
Jan
01,527
Jan 123.037
31,120
Jan

tjaoo.ono

MorohHiits
Heclmnlcs*

Hetrop<4lltan

105.728
3,030,443
O.OOO.OiO
1,812,017

....

.UHtilmiiuQ Co...

.<(«w

Irvinjf

21,961
741.707
720.074
Bl.Ulr.mMt.<fe8.4tUwk Dor) 217.404 211,921 7,319,744 6,203,.399
Bonth<;arohna, ..20dvdN'v. 110,903 114,831
Texas iPucille..4lhwk Dec 132.178
96.664, 3,921,569 2,715,513
23.032
Xol. Dell). &15nrl.4thwk Dec
11,024
Union P acillc December. 2.207,004 1,969,835 27,451,831 23,418,445
leased
lines.
lucludiug
: Inolodinfc Ohio Division.

Cailo.Mll.*St. P.lstwk
Ohio. A Northw.^lstwk

Vork

.,...»

l.llU.SOo

Reaain)j.Novenil)er.2,013.380
Bt.L.A.&T.lI.(bra)4tUwk Deo
20,0(3
Phlla.

2,412,185

l.">'i,475

%

Loans,
t

L.Tenders,

71,418.383
73.7S5.1)SI
74.089,0 ns

banks

An.a—r.

Deposits.

Otrculotion.

16.706,313

61.03».')69

11.117.523

88.480.700

16,708.715
17.439.831

(V4.21'>.»76

11.117.801
11,137.031

46.988.008
900113.474

t

*

1882.

Jan.
••

Prime bankers' sterling bills on London. 182 '34 83
4 36 ®4 87
Prime commercial
481 ®481ia 4 "3 ai 85>3
Documentary eoiuiuercial
4 801434 81
4 84'4^4 85
Paris (francs)
9 25 »5 22'2 5 20 85 17'2
Amsterdam (itiilldera)
33»8» 40
40 3 4038
Frankfort or Bromon(relchmark«)
9i»83
Oi -Di 033a
U. .S. Sub-Treasury. i'tie following taoie snows tlie recmpts
and payments at the Sub-Treasury in this city, as well as the
baJaaces in the same, for each dity of the past week:

2..
9..

64.688.837

Unlistcl Stocks and Bonds.—The following are the reported quotations for securities that are not " listed " at the
Stock Exchange:
^id. Atked.
j,i^ ^j^.j<,
ex
67
31
Mex. Nat. bonds, ex.
Am. Cable Constr. Co. 28
86
Mutual Un'n Tel. subs
83
150
Am. Railway Imp. Co. 140
3i«
314 N. O Pao. subs., ex...
101
Host. U. i E.. iicvrst'k
II4 North Klver Const. Co.
«
1 ig
old stock ...
Do
34
N. Y. Ch. <t8t. Usnbs. S9
69
Continental (-'onstr.Co. 65
87
Oregon Imp. Cn. 1st ox mS
Central Railway Connalaiiees.
stock
70
73
Do
Btruct'n Co.(D. L.\V.)
99
Beetiptt.
Payments.
Oreg. Short Line subs. 08
subs... 31
34
Oeorgia
&
Cin.
Coin.
Currency.
69
72 <3 Greg .'Irans-Con.pt. pd 68
Dcuv.Jc R. U.,W. subs. 71
subs., SsUOpd.
99
Ohio
uul'd consols. 98
Do
$
20
si's
Pitts. & West
93
98
Jan.
0,50.002 30
1,178,737 22 7.3,971.413 19 4,324,992 50 DenT. & N. Orleans.
Boch'r & Pitts'KCoal
800
Edison Blectrio V. Co.
0.
1,5.<0.808 03 75.730.i00 23 4.201,292 19
1,290,324 00
i»"
Rieh.ib Dan.Ter.righU 15
l,13">,7.i:t 02 73.S1C,,22J in
10.
1.282.430 03
4.312,338 10 Internut. Imp. Co. ex$400 9150
RIch.iSc Al. subs
84
87
bond & »t»flk di V
1,021,.-. Is (iO
11.
1.115.301 21
75.9S3, .31 38 4.208.882 00
130
44
8. Carolina RR 2d M.. 122
12.
1,215.190 08
1,300,132 04 75,802,3S3 .50 4,304.008 46 Iron Steamlwat stook 41
42
stock
Do
8719
|]39
Do iKt mort. bds 83
13..
1,118,635
1,324.298 37 75,430,023 72 4.530,911 53
SeImaBome.tD.lstM. 4>a
6>a
Indianap. C. <StL. eld. ...
414
6
'id iM. stamp
Do
ii"
com
Dec.
&
Sp.
Ind.
Total.
0.031, C72 53
7..547,01S 87
314
2d M., clean 219
Do
Do 2diii.5l>.c.,n. ...
li*
2
inoumes
Coins. The following "are qu )tations in gol I for various coins
losii
Do
104
Int. Ocean Tel. Co
stook
1%
Do
Boverelgns
8i:vor '41 and Hjs. — 0.1%
1
$4 82 'di.'gl 80
Kooly Motor, stook...
p.ir.
18
3t. Jo. * West, atook. ii"
Nanolaons. .... 3 8i « 3 80
Klvo francs
— 92 » -93 Kan. i Neli. Istmort. ...
93
St. Jo. ft Paciflo Isc H 90
X X Keichiuarks. 4 73 a 1 76 .Mexioar. dollars.. — 88 » -8)
LehlerU Jc Wilkesbarra 33
3.5
Do
2d mnrt
XOuildors
30
Do imcomniorul. — 8»i a -87
3 90 a 3 97
lild.RR.orN.J.as8.8tk. ..
85
Toxas,St.tx>uis RR.sub 80
8pau°hDii.i>iloong.l5 60 a 15 75
16
KnirllsU silver
14
A bonds
Do
4 75 « 4 s5
99
98
Col.
Iain
11
Texas
A
Mex. D;)iibli)ons..I5 50 •a 15 60
Pnis. gllv. tlialors. — 67ia » - 00%
band)
B
Do
140
18
U. 8. Eleetrio I.lstt Co.l30
Fine silver bars . 1 13 a> 1 131a U. 8. Inwlo dollars — 903g9 — 99»8 Mexican Nat. subs., ex t20
Fla4 gold bars. . .
VIoksb.Her'aoom.st'k 10
par A >« prem U. S. silverdollars — 99^89 par.
Dimes ik >a dimes. — 90 la A par
Disa«ant.
Fremiom.

—

om

.

C

.

—

•

-

.

'

I

THE CHRONK^LE.

68

kept separate from those of the main

%nutstmtnts

[Vol.

XXXIV.

=«
line,

show a

satisfactory

of that division for this year have
excluding all charges for interest, to cancel the
balance of its indebtedness to our company and leave a small
CITY AND CORPORATION FINANCES .
balance in its favor; and. but for the large expenditures in the
S
way of permanent improvements to be made thereon, as above
exhibit of the
complete
contains
a
Sotplembst
The Invbstobs'
suggested, we might, with much confidence, count on its being
Bonds
and
Stocks
th'Funded Debt of States and Cities and of
able to take care of itself henceforth without assistance from
Companies. It is pu'Mshei on the last the main line. If, however, these improvements are carried
of RaUroads and other
April, June, forward as rapidly as they should be, it will be necessary to
Baturday of evert/ other month— viz., February.
expend on that division more money, for the next year or two
and
is famished without extra
December,
and
October
August,
at least, than it can be expected to earn. The old indebtedness
copies
Single
Chronicle.
the
eharge to aU regular subscribers of
of this division being now paid off, and its self-sustaining power
having become reasonably well established, it is not deemed of
are sold at $ 2 per copy.
so much importance to have this separation of its business
from that of the main line kept up longer as to justify the expense and trouble of doing it. The receipts of this division
not hereafter be kept separate from those
New York New Hayen & Hartford.
will therefore
derived from other sources."
{For the yeax ending Sept 30,1881.)
1880-81.
1879-80.
The fiscal year of this company ends vrith Sept. 30, but its Passengers
'•-•
$241,033
^^9.?.'^iZ
appeared.
77,212
annual report is issued late, and has only recently
Freight
iX'2i§
ex30,864
30 77O
The President, Mr. Watrous, remarks in his report that the and MaUs, &c
increased,
considerably
has
materials
pense of labor and
.$116,620
$349,111
Total
grounds, perma20ci,639
194,625
also that the company expended for additional
Expenses
all
nent improvements and new equipment, over and above
$134,486
$212,981
year,
the
during
earnings
about
$250,000
Net
expenses,
ordinary operating
100,000
100,000
T.
Rental
more than one-half of which has been for new equipment,
cars.
.....$112,981
$54,436
mostly freight
Net balance
j c . ,
n -f^
nrst-class in all its
" With a determination to have our road
Rochester & Pittsburg.
appointments, as a road doing the business it does ought to be,
your board to begin to make
{For eight months ending Sept. 30, 1881.)
it has beea deemed judicious by
provision for adding to our rolling stock a large number of
Mr.Walston H. Brown, the President, remarks in his report that
new cars, both passenger and freight, and several new engines the present company obtained po.ssession of its property on the
—for the enlargement of the freight depot grounds at Meri- 16th day of February of this year, so that this report embraces
den, Harlem River, and perhaps some other places— for replac- only eight months of the fiscal year commencing February 1
ing pile and other wooden bridges with stone or iron ones, and and closing September 30, 1881. " The present Rochester &
for making, where practicable, solid embankments in place of Pittsburg Railroad Company was legally organized Feb. 1, 1881,
piling across the flats and low grounds, particularly on
purchase at foreclosure sale all the property
As these various imprevements and acquired by Rochester & State Line Railway Company.
the Shore Line Division.
effects of the
and
all
cannot
and
money,
require a large sum of
will
When our company came into possession there were several
be paid for out of the earnings of any one year, we suits against the former company. These suits, as well as variyear,
to
be
the
past
the
earnings
of
have appropriated out of
ous other legal claims, have" all been settled, so now the legal
used for these objects, the further snm of $300,000, which goes status of our company is most satisfactory."
just
for
the
year
expense
account
swell
the
still further to
EARNINGS.
Early in June last the indebtedness of the Harlem
closed.
" The business of the company for the past eight months has
River & Portchester Railroad Company to this company for
advances, which has appeared as an asset in our annual reports been seriously interfered with in consequence of the necessity
for several years last past, in the detailed statement of items of of immediately devoting all the energies of the company to the
cash assets, together with the interest thereon, was, to the work of getting the road in good condition. When we add to
amount of $1,000,000 (that being almost the entire amount this the fact that the rolling stock was all in bad order, and the
thereof), put into 4 per cent bonds, and turned over to this company had no terminal facilities at Rochester, the result of
company. These bonds, guaranteed by this company, have the eight months' business is not unsatisfactory. The gross
been disposed of, and the proceeds thereof exchanged for an earnings of the company for the eight months ending; Sept. 30
interest in the capital stock of the New Haven & Northampton were $170,591; the operating expenses for the same time were
Company. This exchange was made in the firm belief on the $129,600; and the net earnings were §40,934. The company has
part of your board that the interests of the stockholders who expended during the past ei^ht months $467,724 on the imown, and. of the public who use our road, would be best sub- provement of the road and its terminal facilities. We have
served thereby."
also purchased about $220,000 worth of new rolling stock.which
The company has no bonded debt, but is responsible as was obtained at prices much under the present market value.
indorser on $3,000,000 Harlem River & Portchester bonds, the The receipts for the eight months under the ownership of the
annual interest on which is $170,000.
present company have been as follows:
The traffic for the year was as follows
$64,210
Passengers..;
increase.

been

The net earnings

sufficient,

UTK.

^

ANNUAL REPORTS.

.

•

.

:

1880-81.
5,295,793
152,730,696
1,665,913
116,611,607

Paasengers carried
Passenger miles

Tous freight carried

Ton miles

The earnings
fiscal

for the year were as follows,

1879-SO.

4,600,507
125,300,345
1,348,687
78,372,806

compared with the

year 1879-80
1880-81.

Passengers
Freight

$2,7&5,4.'?8

1,903,702
287,005
81,170

Mnil and express
lutercst.&c
Total

$5,027,316
2,993,101

Expenses

1879-SO.
$2,347,565
1,634,092

271,150
41,421
$4,294,235
2,599,250

Netoitmings
$2,034,214
$1,694,985
Per cent of expenses
5954
60-53
The rental paid for the use of the Harlem track into New
York (not included in expenses) was $265,307 last year, against
^239,107 in 1879-80. The income account for 1880-81 is stated
as follows
;

Balance,

cash

Oct.

1880

1,

assets,

Materials on hand.
Materials on hand,8hore
Line Division

$1,694 965
425,206

23,835
Decrease Shore Line
debtor balance
99,614
Increase In accounts
payable
346,567
Transperfatlon cani'gs. 5.027,316
Balance nf profit. Shore
Lino DlvLslon
13,366
Balance interest H. R...
&Portoheater
19,756

Transportation exp'ses $2,993,101
Harlem River and Portchester Interest
143,333
Appropriated for laud,
bridges and new equip
300,000
Dividends, 10 per cent. 1,550,000
Materials on hand
358,176
Materials on liand,8h're
Line Division
15,354
Balance, cash aasots,
Oct. 1,1880
2,290,753

Total

$7,650,719
Total
$7,650,719
of cash assets is made up of $7.'i9,675 cash
;
f 1,230,046 loans, stocks and bills receivable ; $14,299 advances
to Harlem River & Portchester Company
$145,623 due from
connecting roads ; $141,107 due from agents ; total, $2,290,753.

The balance

;

SHORE LINE DIVI3I0X.
Mr. Watrons says of this division: "The Shore Line Division,
whose earnings have thus far (since the lease was taken) been

92,266
14,114

Freight
Mails, etc

$170,592
129,605

Total

Expenses

$40,987

Net earnings
Interest on first-mortgage bonds
Interest on car trust
Cost of roijrganization, etc

Excess of expenditures

$52,000
6,533

11,769—

70,302
$29,31

PROPOSED EXTENSIONS.
located a line starting from a point on our road
about one mile north of Salamanca (our present terminus), and
"

We have

thence running south through McKean, Elk and Jeflferson
counties, in the State of Pennsylvania, to the town of Brookville, Jefferson County, where connnection is made with the
Pennsylvania Railroad Company's lines to the City of Pittaburg. This extension will be about 105 miles in length, and
will pass through Bradford. We have also located a line starting from Ashford, a station 94 miles down on our present road,
and running northwest about 40 miles to the City of Buffalo.
These two extensions will give our company the shortest line
from the cities of Buffalo and Rochester to Pittsburg, and, at
the same time, the most direct road from the best bituminou*
coal-fields to those cities. We also own a located line from
Rochester to Charlotte, on Lake Ontario, a dtotance of about
*
*
nine miles."
" It was necessary, in order to secure the legal right to build
and operate these various branches, to organize two railroad
companies in the State of Pennsylvania and three railroad
companies in the State of New York. These were named as
follows The Pittsburg & New York Railroad Company and the
Bradford & State Line Railroad Company, both Pennsylvania
corporations ; also the Buffalo Rochester & Pittsburg Railroad
Company, the Great Valley & Bradford Railroad Company and
the Rochester & Charlottte Railroad Company, all New York
State corporations. Since our fiscal year closed, all the abovenamed corporations have been legally consolidated with, and
form a part of, the Rochester & Pittsburg Railroad Company.
" We also own, jointly with the Pittsburg & Westera
:

i

Jasuabt

THE CHRONICLE.

14, 1883.1

Railroad Company, a sarveyHd line, fortjr-two miles in length,
Uroolivitle to th« Allcf^hany River, whern connection will
be made with the I'ittHburf,' & WeHtern Railroad into Pittaburg, and which will be built if it is found that the connection
»
with the IVnnHylvftuia Co. does not work satiHfactorily." « •
" A company called the Rochester & Pittuburg Coal & Iron
Company has been organiied under the laws of the State of
Pennsylvania, with a capital of four millions of dollars. This
company has no bonded debt, and has provided two hundred
and fifty thousand dollars for developing the mines. It is the
intention of the company to have collieries enough opened to
pat out two thousand tons of coal per day as soon as the railU will be to the advantage of both
roaid is completed to them.
companies thit the railroad company should own the stock of
the coal company, and I advise that the railroad company shonid
parchase the coal company's stock, and hold it as an asset in
Its treasury by the issue of an equal amount of its own capital

Charlotte

from

SHEET OF THB BOCHBSTER A PITTSBUXO

Dr.
R. & P. Construction. .. $0,888,874
Kqiiipmeiit
35b,080
R. & P.
UatcrlHls aiul supplies

on band

C'r.

\

Capital stock
rat mortKagc bonds..
Income and mort. t>ds.
Car trust
l'"l

.

13,465
9,439
2S,889
45,529

Tools and innchinerjr..
Oub on baud— Koca'tr
OMbonband—N. Y...

BB., SEFT. 30, 1681.

$4,000,000
1,300,000
1,870,000
1«0,000

$7,330,000

Amounts

Bents due the company
Dne from agouta and

to tbe various

:

1880-81.

Passengers corned
Passenger mileage

Tons freight
Ton miles
The earnings and expenses were as follows
,

oonductni-g
(oreign roads,
car service and tickets
Duo froin individuals

11,294

accounte)
Profit and lous— deficit.

8,314
29,3t5

Due from

1.409

(otlicr

Mali, etc

48

accounts)

Unclaimed
pay
wages, due but not

for

claimed
Total

$7,392,596

Total

$7,392,596

.

Total

Expenses

Neteamlngs

1.12,023

29,126

$626,919
305,037

$.541,110

$230,981

$184,000

The earnings show a very considerable
net.
The net earnings were sufficient

and

350,949

increase, both grow
to meet interest and

charges and leave a balance of |39,468, which was expended in
improvements.
The balance sheet, September 80, was as folkiws :
,

Or.

Dr.

Stock

$2,.'i78,000

Bonds

2,696,916

270,583
12,226
127,650

Interest, etc
Profit aud loss

Total

933
9,477

1870-80.
$3.59.300

•410,000
160,805
87,254

PusssBe

accounts and balances

15,421
30,208
6,500

:

1880-81.

„
,,
Freight

„

1879-80.
70,709
3,789,668
131,298
10,200,100

96,S35
4,120,084
167,120
12,760,391

Bills,

accounts, but not payable until Oct. 'SI
Pay-rolls
V'oucbers for supplies.
First moitgago bonds.
Car trust
Due to foreign roads,
carservlco aud tickets
Due Individuals (other

ColnmbU * AngntU.

(For the year ending September 80, 1881.)
This company is controlled by the Richmond & Danville
The traffla for the year was as follows

stock."
BAI.AN'CB

59

$5,685,382

The bonded debt
bonds, *2,000,000
bonds,

Road and equipment. ..$5,181 .084
Realestnte
61,334
Stocks and bonds
204,89^
Supplies
70,100
Balances receivable
27,030
Cash
49,424
Total

$3,085,382

and sectional
mortgage and |500,000 second mortgage

consists of |196,916 prior lien

first

Mississippi & Tennessee.
(For the year ending September 30, 1881.)
The annnal report just published has the following.
The gross receipts were
:

Pittsburg & Lake Erie.
(For the year ending Bee. 31, 1881.)
At the annaal meeting in Pittsburg the report was submitted
for the year ending Dee. 31, 1881, from which the following is

The

President, Mr. Jacob Henrice, states that the
capital stock of the company is $2,050,000, upoa which has been
paid duringthe year $11.5,800, leaving |10,750 still due on stock
accornt. The first morterage bonds of the company amount to
12,000,000 J the real estate mortgages to |195,843, maturing in
the years 1887, 1888 and 1893 ; total mortgage indebtedness,

condensed.

f3,l 95,843.

The balance on equipment
vliioh interest
Payable in 1882
Payable in 1883
Payable in 1H84
Payable in 1885

is

included,

is

in the

shape of

bills

assets of the
Conatniction

company are

as follows

:

$3,494,119
1,0'26,270

428,683
346,475
40,300

Real estate

Cash on hand

$5,327,799
$1,041,063

Orou earnings for 1881
Expenses for 1881
Interest on mortgage bonds
Interest on other liabilities

$604,764
120,000

20,635—

Net earnings after paying Interest
Net earnings added
1879
1880

749,399

$291,663
$23,154
$;i»S877

205,000—

scrip dividend

10,299

900

880

$492,180
$529,480
The cost of operating, at 60 52-100 per cent of the gross earnings were as follows
:

1880-81.

1879-80,

$65,117
68,200
129,168
35,353

For transportation
For motive power
For maintenance of way
For maiutenance of cars

,

$297,840
$64,488
64,488
31,588
18,426
225,000

RIgUtof way

>

From express and moll
From iirlvileges

1879-80.

$127,531
387,306
9,760

$59,427
74,017
94,093
27,971

payable, on

Equipment

"

Fromfrelght

as follows

Temporary loans

The

1880-8 J.
$121,406
359,581

From passengers

93,877—

117,031

$408,695

$256,109

$194,346
$269,380
Net receipts
The net receipts apolicable to interest, &c., were applied as
follows in 1880-81
$151,749
For coupon interest
For salaries
8,975
1,307
For expenses
1,410
For attorney's fees and court costs
8,516
For taxes, Mississippi and Tennessee
.......'
1,016
For insurance
:

For Interest

•

Net balance

which has been applied to changing gauge
machinery and cars.
All of

138
»f/3,112
$21,234
of road,

The gross receipts for the past year's business decreased
6'33 per cent, or $33,302, while the operating expenses increased
16 29 per cent, or $41,730, reducing the net results 2785 per
cent, or $75,033. The change of gauge of the road from 5 feet
to 4 feet S)^ inches, and the consequent change of all locomotive engines and tenders and passenger, baggage, freight
all other cars, together with other extraordinary outlays
the past year charged to operating expenses, have aggregated
the sum of $67,067.

and

"The operating expenses of the company have been daring
the year 58 4-10 per cent of the gross earnings. In making the
foregoing statement of thejpast vear of the general condition
Philadelphia Wilmington & Baltimore.
of the affairs of oar company, allowing the net earnings to be
(For the year ending October 31, 1881.)
eqnal to 14 2-10 per cent of the capital stock paid in, it will be
Most of the capital stock of this company is owned by the
seen from the statement that the expenses of operating our
road daring the past year have been 58 4-10 per cent of the Pennsylvania Railroad Company.
The earnings for the year ending October 31 were as follows:
gross earning3, while the net earnings liave been 14 2-10 per
1879-80.
1880-81.
cent npon the capital stock paid in, a result which, in view of
$1,767,219
$1,903,475
all the circumstances under which the operations are carried Passengers
1.409,370
1,545,855
Freight
express
aud
» "We have, daring the
»
on. is very satisfactory." *
58,207
73,408
Mall
past year, declared and paid a scrip dividend cf 10 per cent to Rents, etc
28,257
29,141
stockholders, pa.'able at the will of the company, and bearing
$3,263,110
$3,551,880
Total
6 per cent interest, and the condition of the company warrant- Expenses
1,896,887
2.32 0,799
ing the same, we would recommend to our successors to is-sue a
$1,366,223
$1,231,081
Net earnings
similar scrip dividend of same amount (10 per cent) out of the
65'34
o8'13
Per cent of expenses
net earnings of the past year."
follows
were
as
accounts
The income and profit and loss
The manager's annaal report for the year ending Decem$1,231,081
ber 31, 1881, gives the following
Net earnings, as above
BiBNIKCS.

872

EXPENSES.
For transportation
$178,121
For motive power
154,588
For malntcuanceotoarg.
73.82.1
Formaintcnaceof w*y.. 136,098
For general expeuiee
66,132

$1,041,063

$608,764

Prom freight
From passengers
From mails
From e.\pre«s
From telegraph

$832,023
181,554
8,863
7,760

Net earnings
Deduct interest on bonds
Deduct Lutereet on fioatiug debt
BoTplng

,

$432,298
$120,000

20,635- 140,635
$291,663

$242,980

Interest, icrouud rents, etc
Less Interest and dividends received

143,2 <

Balance of Interest
Dividends, 8 per cent

Taken

to

renewal fund

Surplus for the year
Balan<'e of profit and loss October 31,
Add credit accounts closed
Add re-valuation of securities
Total
Depreciation, bad debU.eto

Balance Oct. 31, 1881

1880

$09,719
035,512
100,000-1,135,231
$95,840
$756,244
66,552
258,586
$1,081,383
11,416—1,069.907
$1,166,916

THE CHRONICLE.

60

[Vol-.

XXXIV.

Louis & San Francisco Railroad
& Philadelphia Company the stockholders of the St.
and $5,500,000 to the financial ajjents or bankers*
with the Philadelphia A ^Baltimore Cen- Company,
house of J. & W. Seligman & Co."
controlled by the Philad^phia syndicate, headed by the
tral, both comi allies having been
Baltimore & Ohio. At Baltimore, Jan. 11, the regular
Wilmington & Baltimore. The stock owned in the new Philaaccount monthly meeting of the board of directors of the Baltimore &
delphia cSt Baltimore Central has been, earned into the
Ohio Railroad Company was held. President Garrett stated
at 60 and the bond.s at 90.
that, notwithstanding the continuance of the war of rates, the
Reading.
&
Fhiladelpliia
results to the Baltimore & Ohio Company on its main stem and
(For the year ending Novemher 30, 18 81.)
branches showed a revenue for the month of December of
The following is the general balance sheet on Nov. 30, 1881, $1,617,687, being an increase of $177,403 over the same month
was from passenger traffic.
presented in the annnal report and omitted in the abstract in 1880. Of this increase $78,008
business upon all the lines of the compublished in the Chronicle last week, on account of the late The general activity of
pany fully occupied its equipment. Tlie?e results showed the
hour at which the report was received
absolute ability of the Baltimore & Ohio Company to maintain
BALANCE SHEET.
Dr.
the differential rates which had been in operation for many

Durine the vear the West Chester
c.nsolidkied

wax

—

:

yor.30,18='l. Nov. ZO.XBdO.
f41,'26 ,47G
Oorstnictton ana equipment, Railroad Co.. $45,308,742
equipand
improvemeuis
Coft of iiroperty.
54,79'M25
ment, roal & Irou Co
°M?%-1.%
7.9 '0.200
Beat estate, Kai TOO. 1 Co
V'Str.'. .o
l,3r>--,>«08
Keal e«iate. Coal & Iron Co.
i'^SS"jli
8,1 61.050
2,>'HO,bdD
Co
Railroad
atuckB mill bonds,
4.-39.855
5.244.H.-)5
...
Stocks aiiil bond^. Coal & Iron Co. .
2,.'i3."),3 5
2,45'_',4f<0
Railroad
Co.
of
roads
Advanced to brancli
710.351
710.441
Advauci'd to operators of Rajlmad Co
Iron
Coal
&
eoiupaules,
Advuucedto coal
1,4.'»1,674
1,302,038
Off
467.236
CafhVRailVoadCo'i;.!.;
**7H?3
.

Casli.

P lid

Coal& Iron Co
to Kecoivers on acconnt of

.

lion

President Garrett stated that these differences vrere so much
than the proportionate rates on a proper tariff that he
found not only" the City of Baltimore and the regions
immediately served by the Baltimore & Ohio Road, but the
representatives of the centres of commerce in the Northwest,
West and Southwest, thoroaghly supporting the policy adopted
by the company. The board unanimously adopted a resolution
approving of the action of the executive and directing the maintenance of the policy.

less

1,867,687

.

Bills ami current accounts lecoivable, Railroad Co
Bills and cnrieut accounts receivable, Coal

&

85,247

10,04tJ

v---;
defpned

incoino bond siiUscripMons, Railroad Co

years.

Co

Malciial and snpplici, Railroad Co
Material and snpplies, Coal & Iiou Co......
Coal on band. Coal <St Iron Co
Iron ore on band, C. al i Iron (^o
Conpoiis and iut. i-khI pu' cbased, RR. Co.
Funded coupo is not matured. Railroad Co.
Fumitd 0(mpoii8 not matured, Coal & I. Co.
J>rom. audi ss. Railroad Co
P oflt and loss. Coal & Iron Co
tlbaraes to Ci.al & Irou Co. on Railroad

I.S.iS.SjO

1;288,576

l,2r,...217
l,18li,6. 8
290,.'583

1,175,107
1,027.000

5»J,'129

769 009

:^,1

.

554,'

91

35

774,2.!0

211,3(10

469,il.'i3

1,381,896

57,015
4,214.239
8,217,345

4,356 828
8,258 012

170,-0.1

*54,370,778

*54,a8'S617

$149,052,626

$140,467,981

$34.3-<S, 1 75

$34,27'*,175

77,541,358
15,ii]6,523

77,702,722
15.185 556

8,8'.'3,124

$•,081,834

859,169

1,103.373
1.502,211

Co.'s books

Boston Hoosac Tunnel & Western.—The Boston Transcrip
reports that at a meeting of the directors of the Boston Hoosac
Tunnel & Western Railway, the old officers of the company
were re-elected, viz., Wm. L. Burt of Boston, President ; Hon.
George I. Post of Fairhaven, Vice-President, and Dr. Estes
Howe of Boston, Treasurer. "The Continental Construction
Company, which, under the leadership of General Burt, has
been attempting to parallel the New York Central through the
Mohawk Valley, has ceased its construction work and dis-

Cr.

Capital stock. Railroad Co
Bondi'd debt, Railroad Co
Bond, d debt, Coal & lion Co
Ploatiug.lebt, Riilroadi o
Floating debt. Coal & Iron Co
Receivers' eeitllieates, Railroad Co
EfCeivcrs' certiUeates Coal & Iron

eailroadCo
Am ars of interest,
interest. Coal & Iron Co

l,.'02,21l
«'<4.246

Co

Arrears of
Arrearrt of rentals, Kailniad Co
Current iudcbti'dueBS, Railroad Co
Current iudcbteduefes. Coal & Iron Co
raid on account of deferred income
subscriptions. Railroad Co

1,394,169

1,0!18,605
2,2!'0,514

1,0 19,101
2,03 ,083

736,612

735,046

1,864,890
488,375
394,070
109, 152

R alroad Co
Slnkiug funds. R dlruad Co
account
Suspeuse
Credits to Rat. road Co. on Coal & Iron Co. 'a
books
:
'54,370,778
Capitalized cost of leased properties
ScbiiylkiU Navigaliou Co.

Banqiiebanna Caual Co
Catawissa Railroad Ct»
leased lines
of leased roads

Bonds

,

421,805
394,070
209,465

'54,886,647

$149,052,626 $146,467,981
$33,268,139
9.995,657
5,101,056
6,161,850

real estate of

and Coal & Iron

guaranteed

35J,947

bond

Tii8Ur;»nro fund--,

Bouds and mortgages on

1,(|^3,096

2.019,099
1,011,497

529,195
Co.

5,981,400

—

Denver & Kio Grande. The Denver & Rio Grande Railway
has completed its third track from Pueblo to Denver, and the
Atchison Topeka & Santa Fe Railway commenced yesterday to
run its freight cars through to Denver over that line. It is the
intention to have the passenger cars of the Atchison Topeka &
Santa Fe also run through to Denver by the first of next week.
The laying of a third rail between Pueblo and Denver by the
Denver & Rio Grande Company, thus allowing the broad-guage
oars of the Atchison Topeka & Santa Fe to run through to
Denver without change, will no doubt prove of great benefit to
both roads, as it establishes another direct standard-gauge line
from the Missouri River to Denver to compete with the Kansas
Pacific and Union Pacific roads. The new line, although a
little longer than the Union Pacific and Kansas Pacific routes,
expects to make the same time, both with freight and passenger
trains, which it can easily do on account of its easy grades and
the fine condition of its road-bed. The Denver business of the
Atchison Topeka & Santa Fe has been heretofore greatly
embarrassed because freight and passengers for Denver had to
be transferred from broad-gauge into narrow-gauge cars at
Pueblo, which caused considerable delay and annoyance. Now
that these troubles have been overcome the Atchison Topeka &
Santa Fe and the Denver & Rio Grande route to Denver will no
doubt become as popular as any of its competitors.
The Denver & Rio Grande built a greater number of different lines during the past year than any other company in
the country narrow gauge though they are. The additions,
as reported by Mr. R. P. Weitbrec, Manager of Construction,
aggregate 370"miles, as follows

—

$210,089,924
* These figures are not Included in the additii ns, for tlie reason that
the amount appears on the Railroad Company's books as a charge
loi- money advanced and on the Coal & Irou Company's books as
a credit for m.iuey received, and bringing the two baUune-sheets
together it wouhl naturally disappear, but it is retained in present form
to show the actual cash advances of the Railroad Company for account
of the Coal &, Iron Company.

GEl^lERAL

Continental Constiuction certificates
its workmen.
declined to 25 per cent discount, and it is believed that the subsorib.-'rs have refused to cash up any further."

charged

INVESTMENT NEWS.

Terminal

>j

Anderson Lebanon & St. Lflnls.— At a recent meeting ef
the board it was decided to i.ssue $2,000,000 new 6 per cent
bonds to pay for the extersion of the road to Paris, III also to
change the name of the company to the Cleveland Indiana &
St. Louis Railroad Company.
Atlantic & Pacific.— The Boston Transcript says: "The
;

& Pacific financial plan will be announced this week.
issne of first mortgage bonds will be
$18,000,000, but
9)1,500,000 will be reserved to retire the bonded debt, now
a
trifle over a million upon the Central Division, which
has had
for some years thirty-five miles of road in the Indian Territory
in operation. One million five hundred thousand dollars
wiQ
be spent in the extension of this division, and $1.5,000 000 in
the construction of the Western Division to the Pacific
Coast
Ihe flnaiicial plan is the same as upon the first ten million
subscnpiion— subscribers having the right to take bonds
at
par, vnth a bonus of 75 per cent of income bonds,
the company
reserving the nghl to cancel the subscription within
a limited
time and leave 50 percent of income bonds with the
subscriber
which cost him nothing— but in addition the Atlantic
&
Pacific Company will divide $8,250,000 of the
140,000,000 capital
Atlantic

The

stock of the company, giving subscribers another
bonus of 50
per cent of the amount of their subscription in
stock of tb

Atchison Topeka

&

Santa Fe Railroad Company, $5,500,000 to

Branch

2012'

Westclitr.

Blue River Branch
Eagle River Branch

8J3
I6I2

Wheelers.

Guunlsou Branch
Gunnison Mines
San Louis V. Brauch.
San Juan Hranch
Miveiton Branch
Wagon Wheel Gap Branch
Monarch Mines Branch..
Utah Blanch
Iron Mine Spur tracks

G93t
28I2
27I3

Gunnison

Silver Cliff

108
20
46

7

station.

Red Cliff.
City.

Crested Butte.
Villa Grove.

Durango.
Carson's Ranch.
Del Norte.
Mayaville.

2
10
Flint & Pere Marquette.— A dispatch from East Saginaw,
Mich., Jan. 8. reports that the business of the Flint & Pere
Marquette Railway for 1881 shows a handsome increase over the
previous year. Tide approximate earnings for the years named
were- 1881, 11,858,356, and for 1880, $1,596,950, an increase the
past year of $261,306. The construction expenses of the road
from October 1, 1880, to November 30, 1881, were $1,239,480.
Eleven locomotives, five sleepers, thirteen passenger cars, three

drawing-room cars and six hundred freight cars have been
added to the equipment. Over sixty miles of steel rails have
been laid, and over thirty miles of new line constrneted, including the Otter Lake extension, six miles, and the Manistee
Branch, twenty-six miles. Considerably over $100,000 was expended during the year for improvements at East Saginaw, including a new macliine shop and passenger depot. Two new
propelleis, to cost $60,000, are to be delivered to the company
the present year, to run between Ludington and Milwaukee.

Florida Central.- At Jacksonville, Fla., Jan. 6, the Florida
Central Railroad, extending from Jacksonville to Lake City,
was sold to Sir Edward Reed for $390,000.
Georgia Paciflc— The Atlanta Constitution has the following account of the progress of the work of construction on the
Georgia Pacific, formerly known as the Georgia Western, Gen.
Gordon's road:

Jancart U,

THK CHRONICLE.

18*3.]

ni
r^z:

&

Tho dlntniiri^ from Atlantu to Aiinlntoii— ornMln^r of Hcliiiit Roinn
Dulliiii l{iUir(mil--U 101 iiiIIim. Tlipro Im\o li«eii tirailitl rorlv-two inllrH
tlilriy-tliri^o iiillrH wcHt froin Atliiiitii.Hnviai luilcH ouHt iruin AniiUTim otlirr llfty-iiino
toil. 1111(1 tvo iiiMnii IIiiIhIiimI ikt lllt•^nlll'lUatl^ imintfl.
uiilcn iH iiU Milder coiitraot. Dip f{rii;liii;^ In lin ooiniilntoil Aiiir. 1. Ktei't
rail Inu* iM'on laid from tlin f.iir unniiidn. near Atlanta, to llin rliattaiKMirlicr I>rl4l;{r— Hay hIx iiiUm. Work on tlii^ lirlilxo linn Imm-ii n'tarilod
liv lilxh wntcr, itnil track-lnyliiu Into Ilic city liim unaltvd tliu rIonlUK of

— Kiy

liuaiiu'Si'.
Tnirk-layiiiK will Boon pnxi'ort to and lii\yond
Tlio <'ontrnct«rn— WrUlit A Co., !/«(• UrotliriH ,V WiIkIiI,
Mhnoii iV Co., riTklim. Iliitlon &. rcrklnn. Kelly ifc Ri'o\vnliii; luiil
C^eako A: I>itnii Brotlic-rs— aro all at work ou the lino, and with tho new
yi'ar oprratiotiri will lio vlKoroiinly jiiihIk'J. The dUtaiieo from Aiinlston
to Blniiliiffhani— liinrtion with tho AlaUaiiia On>at Soiithorii niid the
LoiiIhvHUwS; Na-^livlllo ItallroadH— 1h Hlxtyllvo niili-H. Prolliniiiary lin(^«
havliiK Ix'oii hi-rrtofiiro run, the tlnal Inuatlon 1» litinu pro««cd to coui-

Hio Kxpimltlon

Doiixlaxvlllv.

C

It.

nlotlon.

Tlio dlHlaiu-o

From

from

HlriiiliiKhiiin to Coliiniliit!^. Mitt;*., l8

about

east twenty iiiIIch have breii ^radc.l and luld
the end of tills ^rado and from Aberdeen cnat,
niid from lilriiilnjfhnm weat. lines havo liecu and arc. Iieinx nin. Near
AbcnU'cn. coinln;; ea-st, a Hiiiall force 1r at work Ki'^dlnj?. WcKt from
ColiiinouK to Cicneva, and from Abordi-en towards tire.iiada and Arkansaa
Ciiy, curveyK are nlioiit to be lieKiin. From Geneva west to Julinsonvllle on tho Sunllower, lines have been nm. The eompany's nairowfMiijio roivl from Greenville, onihe Mlssi«slppl, to Johnsonvillo, on the
unfliraer, thirty-two iuiUh. with a branrh Irora Stoneville. down Deer
preek to the Hharky County line, iweutyfouriuitei) (the last twelve miles
Just laid with Iron) Is beiuf; oi>erated.
I'.'H nilli'ii.

with

Htci'l rallrt.

(.'olimilius

From

Houston & Texas Central.— This company's Tens Central
line, which is an extt>n.'<ion of its
is now completed and opened for

Waco & Northwestern

division

busine^to Albany, in Shackelford County, Teias, 34 miles northwest from the late terminus
at Cisco, ni miles from Boss, where the Texas Central begins,
and 231 miles from the main line at Breraond. The new terminus is 374 miles from Houston. The company now works
799 miles of road, Railroad Gazette.
I.onisTille & Niishville.— The directors have declared a
half-yearly dividend of 3 per cent on the stock, payable Feb.
10; transfer books close Jan. 14 and reopen Feb. 13. The
report of the company for the six months ended Dec. 31, 1881,
is as follows
Grogs earnings— 1,835 miles
f.'j. (137,844
Operating expenses, 00 1-10 per cent
3,4-i<J,81(>
:

Net— from

traffic

5:3,208.028

Other income— from invest incuts, cto
Vudividedearuings, Juno30, 1881

310,014
435,221

Total to credit of Income aoconnt
Fixed charges and taxes

$3,012,263
1,886,283

Snrplus applicable to dividends
Dividend, 3 per eeut, payable Feb. 10, 1882

$1,125,978
543,900

Undivided eamingg— forward aa of Dec. 31, 1881
$582,078
Cincinnati Short Line interest is not included in the above
Btateraent.

Manhattan Elevated.

— Attorney- General

Ru.»sell

was ap-

plied to recently by Mr. S. P. Nash of New York City to bring a
suit against the Manhattan Railway Company for the dissolution of its charter. Mr. Nash is one of the counsel engaged in
the litigation now pending by Mr. S. H. Kneeland and his associates, in which it is sought to set aside the agreement entered into
between the elevated railway companies on Oct. 22, 1881. Mr.
Na-sh represents the Kneeland intere.st. The Attorney-General
hf ard the application yesterday (Friday) morning, Messrs. David
Dudley Field, E. 11. iiacon and K. M. Galloway appearing in
opposition.

—Mr. Cyrus W. Field submitted the following at the annual
meeting of the N. Y. Elevated liailroad:
--yew York Company. >
--Metropolitan Company.^
„

Year.
Passenpers.
1 year.. 29,87.'-..9 12
I year..
34,914,243
1 year.. 41,086,819

1870.
1880,
1861,

Gross
caminRS.
$2,239,489

Gross
Passensera.
10,169.269

2,.591,785

25,917.514
84,498,929
COm-AKATIVE STATEMENr OF ISCKEVSBj.
1S80.
_, ^ «
,
PaaacnRers eaiTicd,
October
5,894.898
PassenKers carried, November
5,530.184
Passengers carried, December
6,006,059
Totala

2,841,631

17,431,111

Inerease, 1881 (24 per cent)

carnlnss.

$I.287,33H
2,021,190
2,469,444
1881.
7,132,407
7,116,4lf)

7,384,197
21,633,019
4,201,878

Oron eamincs, October
Omaa earnings, November

$438,809

Groes earuinKs, December

443,179

$483,173
496,332
512,517

$1,297,982

$1,494,023

Totals
Increase, 1381 (13 per cent.)

41f),993

$190,041

Mexican Central— The Boston Transcript reports
Five
cent upon Mexican Central subscription No. 1 is paj-able
J«r
annary 14. This will make Q'> per cent of this subscription
paid in. No. 1 Mexican Central blocks sell at 12®15 per cent
:

Norfolk & WMtern.— At Norfolk, Va., Jan. II, the flmt
annual meeting of stockholders of this railroad company
held. The action of the direotom in th« matter of the Raat
Tennessee Virginia 4 Georgia, the Shenandoah Valley and tha
New River railroads was confirmed. Rewlationa were adopt«d
recommending the directors to adopt measBrea to IncrBaiw the
terminal facilities at Norfolk, to assist in the esUblishment of
8teamshi(> lines between that port and others in this country
and in Knrope, to develop the coal, iron and mineral rinoarow

wm

of Virginia, and to enable them to obtain the Increase of rolllnjf
stock required by the growing business of the company. KeaoIntions were also adopted anthorizing and empowering the
board of directors to effect a consolidation, to constract branch
roads, and extend by lease or otherwise the main line of the
road. The old board of directorn waa re elected.
—The directors have issued a report of operations for ths
period from February 10, 1881, to September 30, 1881, as submitted to the Virginia authorities, supplemented by tables
brought np to December 31, as follows
:

INCOME ACCOUNT, DEC.

ESTIMATED BAIMISOa

31, 1881, l>-CMII>IItO

AMU BXl'KNSES VOB IlECEMUEH.
CreMU.

Ueceived from tho receivers of tho A. M. & O. RR., beinK
the net result of operating the railroad from February 10
to April30, 1881
:

Tran.iportatlon receipts— May 1 to
From iiasecngers

November 30

KromfrciKht

From cxjiress
From United States malls
From hire of C(|Uipment
From mlHcellancous sources
From all sources tor Dccemlier
Interest

$284 209

$267,233
1,027,584
>.

leslltaated)

and discount balance

32,566
31,810
8,023
5,730

190,789—

l,.5a9.74I

4,327

Total credits to income account

$1,858,278

DebUt
Operating expenses. May 1 to November 30... $053,754
Operating expenses December (estimated). ... 100,000
State and county taxes estimated (including
amount already paid, $32,248)
CO.OOJ
Interest on funded debt
Divlsioni;! Hens
$291 ,230
Llenoral mortgage loan

240,000-531,230—

Total charges to iucome account

1,340,990

Surplus December 31, 1881
CONDENSED nAI.ANCB 8IIBKT—ORNEBAI,

$511,288
LEDGER KORKOLK & WKSTBKK
UAtLHOAD COMI'AHY DECKMBEtt 31, 1881, INCLUDINO ESTIMATED
EARNINGS AND EXl-ENSES FOB DECEMBEB.
Railroad premises, property and franchises
$28,230,465
Payments on accounts relating to and provided for in the
scheme of organization of the company— balance
363,806
General mortgage bonds in the treasury
500.000

Real estate
Advances to New River Railroad Company
Storehouse materials and supplies
Duo by connecting lines and other accounts receivablecurrent balance

Cash
Total
Capital stock
Preferred

50,863
201,865
88,014

53,459
238,028
$29,741,508
$18,000,000
15,000,000

Common
Funded debt
Accrued interest on divisional bonds
Accrued interest on general mortgage bonds
Surplus of income account
Vouchers and other accounts payable—current balances.
Total

3,000,<XX>

10,778,600
150,348
0O,(X)O
.

.

511,288
241,266
$29,741,503

The report of the Second Vice-President and General Manager,
Henry Fink, states that $,W2,038 has been spent on improvement and construction. The work done includes graduation,
masonry, bridge structure, new steel rails, ballast and ties for
improvements in stations and important additions to
terminal facilities at Norfolk, where the company bought and
destroyed a toll bridge which obstructed the approach to their
deep-water front. The company received for passengers 3"18
cents for local and 2 54 cents for through travel ; 1-95 cents a
ton for local and 1"17 cents a ton for through freight. Compared with the previous year, the passenger bu.siness shows an
increase of 34,867 passengers, equal to 25 6-10 per cent ; of
180,971 passenger miles, equal to 21 1-10 per cent, and of
$36,116, equal to 14 1-10 per cent revenue derived from the
passenger business. The freight business has increased as follows 41,335 tons, equal to 13 per cent ; 6,800,614 mile tons,
equal to 10 per cent, and f 103,757, equal to 10 per cent of
revenue from freights. About 97 per cent of the net increase
in the revenue was from local traffic.
The revenue from the
through freight traffic shows a desrease, owing to the war of
rates between the trunk lines. In conclusion Mr. Fink says :
'•
During the year ending September 30, 1881, there were
passed over the road to Norfolk 325,862 bales of cotton, an
increase of 40,305 bales as compared with the movement of
cotton during the previous year. But for the want of adequate
shipping facilities from Norfolk the increase would have oeen
much greater. A regular line of steamships between Norfolk
and Liverpool has become a necessity, and efforts are beiDf
made to establish such a line in time for the next cotton season.
The tables appended to the report show that of the 129,79S
tons transported between February 10 and September 30, 30,334
tons were cotton, 15,793 lumber, 12*^25 leaf tobacco, 10,043 logs,
7,306 wheat, 6,555 cattle, 5,058 manufactured tobacco, 4.338
staves, 4,191 corn and meal and 3,628 tons iron ore ; 8,985 tons
were pig iron, 3,300 limestone, 4,423 peanuts and 1,154 coal.
tracks,

:

premium. Had all the No. 2 blocks been allotted in Boston
they would not now be selling at 7 per cent discount. But the
$3,0(X1,000 subscribed by New York parties has been sent back
into this market during the past six months, and Boston has
taken fiom New York more than $2,000,00(J of these subscription blocks, and is still taking them. When New Yorkers have
sold out. these block should sell higher. Most of the present
owners in the Mexican Central Railroad Company were original
subscribers to the Atchison Topeka & Santa Fe Railroad Company, and they unanimously declare that it was years before
the Atchison had as favorable an outlook for business and the
security of its bonds as has the Mexican Central at its inception
and before 100 miles of road have been placed in operation. It
is understood that more Mexican Central bonds will
be disNew York Stock Exchange. The governors of the Stock
tributed next month, two tipon No. 1 blocks and one to No. 2 Exchange have admitted to dealings
at the Board the following
blocks. Upon the latter 35 per cent has been paid.
named securities

—

THE CHRONICLE.

62

fVoL.

XXXIV.

New York and Kings County, resulting
Indianapolis Decatur & Springfield Railroad Co.— Mortgage companies of
examinations made in December under the direction
Second mortgage 5 per cent bonds, due July 1, 1911, amounting from the
the Superintendent of the Bank Department, as published in
to $1,000,000, issued for the purpose of redeeming the overdue of
the N. Y. Tribune :
coupons on the outstanding income second mortgage bonds.
Elizabeth City & Norfolk Railroad Co wpowj^.— Capital
UNITED STATES TRUST COMPANY.
stock, 10,000 shares of the par value of $100 each, $1,000,000 ;
Assets— Bonds and mortgages, $2,406,500; United States bonds,
of Trinity Church, $110,000; loans on collaterals,
bond
first mortgage forty-year gold 6 per cent bonds, $900,000; sink§2,294,400;
26,074.532 96; bills purchased, $1,749,609 66; cash, $445,694 28;
ing fund 6 per cent debenture certificates, dated October 1,
other real estate, $54,329 60; Interest achouse.
$170,000;
banking
1881, redeemable in two years, and payable ten years from date, crued, $293,632 75; total assets, $33,598,699 25.
|25«,000 ; income second mortgage 6 per cent nevyr accumulaLiabilities— Capital stock. $2,000,000; due depositors, $27,093,529 27;
other

$654,100 54; total

liabilities,

$29 747,629

81;

surplus,

Louis Railroad Compang —Soath- $3,851,069 44.
CENTRAL TRUST COMPANY.
western Extension first mortgage gold 7 per cant bonds, $636,000; and Pacific Extension first mortgage gold 7 per cent bonds,
Assets— Bonds and mortgages. $36,000; United States bonds,

$1,527,-

tive bonds, $1,000,900.
St.
Minneapolis

liabilities,

&

$930,000.
St.

An

Paul Minneapolis

& Manitoba Railroad Company.—

additional $1,380,000 of
6 per cent bonds.

gold

New

Orleans

$1,820,000 of

Dakota Extension

first

mortgage

& Pacific Railroad Company. —An additional

first

mortgage bonds.

New York Susquehanna & Western.—It

is stated that the
contract between this company and the Delaware Lackawanna &
Western has been signed. This company is to make connection
at Stroudsburg with the Lackawanna road. The Delaware
Lackawanna & Western agrees to carry business to and from
Scran ton, charging for the service 37 per cent of the gross
receipts between New York and Scranton as its pro rata share.

&

—At

Cincinnati, January 11, the directors held a meeting and resolved to call a meeting of the stockholders of the Ohio & Mississippi Railway Company at Flora,
HI., on April 6, 1882, to pass by vote upon the question of
authorizing the directors to issue bonds at once to take up the
arrearage and floating debt of the railway csmpany, and to
issue bonds hereafter to take up the bonds of the road as they
fall due, and fund them at 5 per cent.
The following are the figures of the Ohio Mississippi for
December, as reported to the United States Court by Receiver

Ohio

Mississippi.

—

Douglas

&

:

KECBIPTS.

Cash on hand Dec. 1, 1881
Cash from statiou agents

Cashlrom

$229,048
462,980
6,161

coiidiictors
indiv iilualfl, railroad

Cash from
companies, &o
Cash from Adiinis Express Company

84, .562

&

;

FARMERS' LOAN & TRUST COMPANY.
Assets— Bonds and mortgages, $58,400; United States four per cent
bonds, $586,250 United States four and a half per cent bouds, $1,485,250; Jackson Lansing & Saginaw R.ailroad bonds, $218,000; Joliet &
Northern Indiana Railroad bonds, $8,000 loans ou collaterals, $10,794,506 73; cash, $245,925 75; accrued interest and commissions,
$141,261 14 total assets, $13,537,593 62.
Liabilities— Capital stock, $1,000,000 due depositors, $10,764,034 16;
interest, tnxes and expenses accrued, $163,744 33; total liabilities,
;

;

;

;

$11,927,808 49; surplus, $1,609,785 13.

BROOKLYN TRUST COMPANY.
Assets— Bonds and mortgages, $34,250; United States oonds, $374,Brooklyn City bonds, $3,240 Town of Flatbush bouds, $,000
Wabash Equipment Company trustees' certificates, $6,000; Wabash
Railroad Company bonds. $7,200 Indiana Bloomington and Western
37ri

;

;

;

bonds, $2,550; loans secured by collaterals, $3,180,400; bills receivable, $15,000; cash on hand and in banks, $104,321 57; real estate,
$99,000; accrued iuterest. $23,343 93; other assets, $15,270; total
assets, $3,878,950 50.
Liabilities— Capital stock, $400,000 due to dcnositors, $3,231,784 99
certifled checks, $8,911 39; unpaid dividends, $134; iuterest and taxes
accrued, $20,080; total liabilities, $3,660,910 38 surplus, $218,040 12
;

;

REAL ESTATE TRUST COMPANY.
Assets— Bonds and mortgages, $39,016 81

.,

$6,511
337,639
134,626

688
304,101

:

at the East."

^.^^n Francisco.— The Boston Transcript says
The ^**°'t*
St. Louis & San Francisco will make a very favorable
exhibit m its annual report for the past year. The approximate figures just made up are as follows

^"

^ 1881.
$3,155,300
1,367.169

1880.
$2,698,370
1,202,590

S456,9J5
164,579

Per cent of expenses to earnings.
43-32
Improvements
$155,742
* 79,096
Taxes
Net after expenses
$1,788,136
Deduct Improvements and taxes.
234,839

44-56
$119,357
42,322
$1,495,780
161,679

$36,385
36,774
$292,356
73,159

flnrplus earnings
Interest charge

$1,553,297
950,099

$1,334,100
863,899

$219,196
86,200

$603,197
289,443

$470,201
144,693

$132,996

$313,754

$325,507

TH^H*!??""
Dividends

Not divided

;

;

;

;

;

;

MERCANTILE TRUST COMPANY.

$783,567

Operating expenses

cash on hand and de-

;

posited, $3,590 08 stock of the company, $5,425 loans ou collaterals,
accrued interest and rents,
$19.350 real estate, cost, $661,775
$7,400 22 due from individuals, $87 05 total assets, $736,644 16.
Liabilities— Capital stock, $500,000 83 bonds and mortgages, $6,000;
bondsof the company, $18,000; due to depositors, $154,22670; due to
individuals, $16,282 53; iuterest, taxes and expenses accrued, $3,136 78;
total Uabilities, $697,646 84; surplus, $38,997 32.
;

Falliuan Palace Car Co.—The Chicago Tribune says " It
may be regarded as certain that the suit of the Pullman Palace Car Company against the Missouri Pacific Railroad, the
main stem of Gould's Southwestern system, is an actual basis
of consolidation which will give Messrs. Vanderbilt and Gould
control of the sleeping-car system of the United States. It
will be known as the Pullman Car Company, and managed in
accordance with the plans conceived and followed out by Mr.
Pullman sixteen years ago. It is thought by those whose relations with the Pullmans are very intimate that the car shops
at the town of Pullman will form no part of the consolidation,
thoHgh this is by no means certain. The reason for this belief
is the fact that the Wagner Company tas no shops
and is
dependent for its cars upon large car-manufacturing companies

„,„„.
„,
Grosscamlngs

Company. $205,000; New York, Lackawan-

Western Railroad first mortgage bouds, $108,750; Erie Railway
consolidated first mortgage bonds, $193,500
Louisville & Nashville
Railroad trust certificates, $50,000; Indiana Bloomington & Western
Railroad first preferred mortgage bonds. $63,750; cash ou hand and in
bank, $71,183 67; bills purchased, $1,245,650 41; loans secured by collateral, $7,485,688 83; interest accrued, $93,318 31; total assets,
$11,080,570 72.
Liabilities— Capital stock, $1,000,000; due to depositors. $9,216,541 72; interest, taxes, reut and salaries accrued and rebate on bills
purchased, $144,220 50; total liabilities, $10,360,762 22; surplus,.
$719,808 50.

na

814
$783,567

DISBUBSEMENTS.
Vouchers prior to Nov. 18, 1876
Touchers subsequent to Nov. 17, 1876
Pay-rolls subsequent to Nov. 17, 1876
Arrearaees subsequent to Nov. 17,1876
Gash on hand Jan. 1, 1882

730; bouds of Pennsylvauia

Increase.

*l-24

Assets— Western freehold mortgages, $993,893 90; other bonds an!
mortgages, $105,614 83 loans secured by collaterals, $4,259,391 41
United States bonds, $339,567 38 railroad stocks and bouds, $1,375,430; cash on hand and deposited, $J57,385 46; real estate, $921,782 93;
managers' and unac^iusted accounts, $13,387 93; bills receivable,
$80,199; mortgage interest due and accrued, $33,551 11; interest and
commissions accrued, $76,244 74; total assets, $8,756,448 59.
Liabilities— Capital stock, $2,000,000, guaranteed mortgage bonds
$608,100 debentures sold. ,11242,973 66 due to depositors,
sold,
$6,322,016 91 due to sundry iudividuals, $38,889 79; coupons not presented tor payment, $17,601 90 interest, taxes and expenses accrued,
$51,422 97; certified checks, $8i',783 51; total liabilities, $8,363,788 74;
surplus, $392,659 85.
;

;

;

;

;

;

NEW YORK

LIFE INSURANCE & TRUST COMPANY.

Assets— Bonds and mortgages, $1,020,706 69; United States bonds,
$4,281,202 50; Massachusetts State bonds, $958,230; New York bonds,

$534,445; Warren Railroad stock, $11,000; Gallatin National Bank
stock, $16,800; Baiik of America stock, $11,248; Merch.auts' National
Bank stock, $14,960; New Hampshire State bonds, $36,430; Morris &
Essex Railroad bonds, $120,000 Central Railroad of New Jersey bonds,.
$46,410; New Jersey State bonds, $40,000; bills receivable, $2,173,625 03 loans ou collaterals, $7,975,909 81 real estate, $292,923 08 ;
cash ou hand and in bank, $217,570 26; suspeuse account worth,
$28,760; interest accrued, $153,000; total assets, $17,933,280 37.
Liabilities- Capital stock, $1 ,000,000 due depositors, $14,274,076 40;
auuuities granted, $200,251 41; life insurance, $202,200; other liabilities, $401,500; total Uabilities, $16,078,027 81; surplus, $1,855,252 56.
;

;

;

;

UNITED STATES MORTGAGE COMPANY.
Assets— Mortgage loans, $3,188,070 85; taxes, &c., advanced by the
company, $157,524 60; intere.st due .and accrued, $379,947 12; real
estate acquired by foreclosure, $849,915 40; furniture lu Sherman
House, Chicago. $66,115 82; real estate. No. 50 Wall Street, less mortgage, $255,765 01 reuts accrued. $5,100 83 cash ou hand and deposited, $727,250 74; total assets, $5,629,690 43.
Liabilities— Capital stock, $1,000,000; bonds of the company due
1912, $4,478,936; accrued interest on same, $134,368 08; unearned
iuterest collected in advance, $4,215; total liabilities, $5,617,519 08;
;

;

surplus, $12,171 35.

EQUITABLE TRUST COMPANY.
Assets—Mortgage loaus, $3,354,238 63 special mortgage loans, $50,645; mortgage notes, $32,556 76; loans of 1878 to 1881. $1,567,191 10; real estate, $2,652,111 02; interest due from borrowers,
$235,44175; insurance and taxes advanced, $18,059 96; bills receivable, $2,145 oO; cash on hand and deposited, $381,410 37; due from
sundrydebtors, $10,481 17; total assets, $8,304,281 32.
;

*

Decrease.

St. Louis Tandalia & Terre Haute.-President
Messier has
presented the report of the directors, which shows
the gross
e'lding October 31 tohavelieen
li'^iS^/,^^*"",'^^?-^*"^*,' J'®*'"
*1,565,515, of which the company received thirty per
cent as
rental from the lessee, amounting to
$469,654, and sundry
mterest received $169, making a total income of
^^^^^
*4b9,824, frona which was paid $34,111
for taxes and general
expenses, and $314,930 for interest
on first and second
*"' t'^e year of about
*19n^*T^°?*' ^T'?^ *, *"^''P'°' operating
the road was
*^^ }^^^^^ '"
losiTi
J?i!
,;, u°
»-«si.081.
ihe old
board of directors was re-elected
ward organized by re-electing Thomas D. Messier, and afterPresident
W H. Barnes, Treasurer, and William Plant, Secretary.

f

'

^'•"'' City.-The following are
* JtrS^L^T??''**^
abstracU
of the annuali^?'
statementa of the Trust, Loan and

bonds
deben-

gage bonds due and outstanding,
•t?"'oo9 .""""t'""^ ""* presented, $53,746; due to sundry creditors,
loans from individuals and Ui-ms, $148,360; total liabili^''''i,?,'^,^.'*'
„.„_ „

•

i-

•

ties,

$8,149,277 33

;

surplus, $155,003 99.

UNION TRUST COStPANY
Assets— Uiiitcd States bouds, $2,128,200; Lake Shore & Michigan
Southern Railroad bonds, $129,000; bonds and mortgages, $14,000;
real estate, $2,000; cash on liaud and in bank,
$483,317 61 loans
secured by collaterals, $13,397,491 86; interest and eouiinissions.
'»™™'-','}-.^"'*^''2^ 15; totul a.<scts, $16,3^3,536 02.
'•"''"'^''I''*''' stock, $1,000,000; due to depositor,", $14,087.
ooA„,
3.j, 00; certiiled cbecks uiiisiaud.iig, ifiUJ.OJj
21; u..pa:d d.vuh-ua and
lo'iiK^nr ,'.,'.*' ^*f"-S''l ''S; expenses, taxes and interest accfued,
$1S0,S60 2b total UablUHcs, $lD,34€,02o 24 surplus, $977,516 38
:

;

;

.lAHOART

THE (5HK0N1CLE.

14, 1888.]

glxc (^ommtvciixl

63

COTTON.

gimcs.

Friday, P. M., January 13. 188'J.
indicated by our telegrams
op thb Crop,
from the South to-night, is given below. For the week ending
this evening (Jan. 13), the total reoeipts have reached 114,868
bales, against 152,429 bales last week, 195,808 bales the previona
week and 201,855 bales three weeks since; making tne total
receipts since the 1st of September, 1881, 3,444,225 bales, against
3,694,438 bales for the same period of 1880-81, showing a decrease

m

The Movrmsnt

COMMERCIAL EPITOME.
Fridat NiOHT, January

13, 1883.

auspiciously for general trade. Some
'branchu8 of business were unfavorably affected by the unseasonable mildness of the autumn and >Yinter months, but mercantile affairs appear to be generally on a sound basis, with

The new year opens

Labor is very fnlly
department.
employed, and manufacturers do not complain of accumulations
of goods. The pressure on the money market appears also to
have been permanently relieved. Export business in staples of
agriculture has increased, and at the same time they are marketed more freely, preventing any undue or speculative
activity in almoBt every

advance

Pork, bacon and cut meats have been quiet in this market for
the week under review, but it is understood that a large busineMS has been done at the West for through .shipment to
Europe. Lard has been less active, but closed about steady on
the spot at ll'25c. for prime Western, and ll'SOc. for refined.
For future delivery there is some decline, and the close this
evening was at ll'27^c. for February, il'42>^c. for March,
ll'uac. for April, and ll'62%c. for Mav. Beef is firmer for
India mes.s, owing, it is said, to large purchases for account of
the British Admiralty, and the close is at f 26@28 per tierce.
Butter and cheese are without decided change, but tallow has
advanced to 8J^@85&c. Pork-packing at the West continues to
show a large falling off from last year. The following is a comparative summary of aggregate eiporta from Nov. 1 lo Dec. 31:Baoon.lbs
Lard, lbs
Total lbs

1881.
11,002,800
96,104,006
53,453,756

1!<80.

Decrease.

12,030,800
149,666,182
72,572,391

.53,562,176

160,560,502

234,269,373

73,708,811

1,028.000

19,118,635

Rio coffee has been quiet, and latterly rather irregular, the
'lower grades being much more 'firmly sustained than the
higher fair cargoes have declined to lO^^c, while ordinary
close at 9c. mild grades have been quiet, partly owing to the
refusal by importers to continue the allowance to buyers for
lightering the coffee from Brooklyn. A coffee board has been
organized during the past week. Rice has been steady, with a
pretty good trade. Tea has shown no marked change at the
.auction sales. Spices have sold freely, especially pepper,
which has ruled firmer cloves have, however, declined to
26>^@27c. Foreign fruits have been quiet but firm.
Raw
sugar has been fairly active, at a slight advance for Muscovado,
which has latterly been quoted at "D^e. for fair refining,
while centrifugal has r^lnained firm at SJ^c. for 96-degrees test.
Refined has been active and higher, owing to the burning of
the Havemeyer refinery, one of the largest establishments of
its kind in the world.
Prices almost immediately advanced
about Ic, but afterwards there was soma re-action. The following shows the statistical position of raw:
;

;

;

Keoelpts since January 1
Sales since Jannarv 1
Stock January 11, 1882

Stock J.<iuuary 12, 1881
Stock January 14, 1680

Hhds,

Boxes.

4,168
11,698
16,827
22,442
21.553
13,426

7,714
7,716
9,457
5,302

Bags.
Melado.
97,819
98,077
322,918
41
968,698
2,423

620.008

8

StockJanuary 15, 1879
327.203
1,680
Refined closed at 9^@9%c. for granulated, lO^c. for crushed,
10@10}^c. for powdered, and 8j|®9c. for standard soft white
•"A."

Kentucky tobacco has been more active, and sales for the
week are 1,500 hhds., of which 1,150 for export and 350 for

home consumption.

Prices are firmer for low grades ; lugs,
6^@8c., and leaf, 8}6@12^c. Seed leaf also more active, and
sales for the week aggregate 1,750 cases, as follows: 250 cases
1880 crop, Pennsylvania fillers, 6@7c., and assorted, 12o@
18c.; 700 cases 1880 crop, New England wrappers, 15@35c.; 650
•cases 1880 crop, Ohio fillers, 4c., assorted, 6]4@10c. and wrappers
ll@16c, and 150 cases 1880 crop, Wisconsin fillers, 3?^c., assorted, 6@7c, and wrappers, ll@15o. Of Spanish tobacco there
are but fnw sales, excepting those at public sale, which foot up
some 800 bales; also at private sale 400 bales Havana fillers,

«8c.®$l

September

Receipts at—

1,

1881, of 250,213 bales.

Uoa.

Sat.

Wed.

Tuet.

Thur$.

Fri.

25.

Ingot copper has been quiet at 20M@20^c. for Lake Superior. Lead has sold freely at 5"05@512^c. for common pig,
which shows a decline. Spelter has been quiet but steady at
5%@6c. for foreign and domestic. Pig tin has ruled firmer at
24>6@24Mc. for straits, the higher figure being the closing
rate tin plates have been in fair demandand steady. American
iron has been active and strong at $25 for No 2 and 126 50@
tig
27 for No. 1. Scotch has been quiet at firmer prices, Eglington now being quoted at |24 50 and Gartsherrie at |26@
f 26 50, while Glengarnoch to arrive has sold at $25 50.
Strained rosin ha.s been easier, owing to larger receipts, and a
f;ood business has latterly been done at'|2 37)^ for good grade,
oaded ; the close is quiet and steady at $2 35@$2 40 for
common to good. Spirits turpentine has been quiet at a decline to 55c., closing at this price.
Hides have sold more freely
at a further decline of }^@\c. Leather has been moderately
active and without marked change. Hops have been dull for
export, and although at one time fairly active for home con-

QalvcHton

2,047

826

2,517

801

Indianoia, iStc.
Now Orleans...

5,367

6,784
1,400

2,776

3,435

3,400

664

682

233

382
781

3,033

2,131

1,607

2,618

1,877

2,083

1,957

12,173

1.124

1,628

943

1,457

1,332

1,450

7,834

389

552

463

388

.621

1,160

2,340

1,754

2,017

1,841

3,196
1,122

3,578
1,540

3,791
1,769

1,524
1,166

1,001
1,014

1,185

138
226

83
661

124

70

666

MobUo
SaTannali

795
257

8,397

257

7,7U 29,633
781

Bnmsw'k, Ac.
CSiarleston

984

984

301
2,244
1,847
9,044

607
974

2,614
2,244
11,259
9,944
13,697
7,585

1,146

3,412

Pt. Royal, &o.

Wilmington
Moreli'd C.,&c
Norfolk
CityPolut,&o.

New York
Boston
Baltimore
Pkiladelp'a, &c.

221

Totals this week 17,951 21,640 16,348 15.187 12,362 31.380 114,863

For comparison, we give the following table showing the week's

and the stocks to-night
and the same items for the corresponding periods of last year.

total receipts, the total since Sept. 1, 1881,

1880-81.

1881-82.
Receipts to
January 13.

This
Week.

Oalveston

New Orleans
Mobile

29,533
3,933
781
12,173

Florida

Savannah
Brunswick, &d.
Oharleston ...
Port Royal, Ac.
Wilmington...
M'head City,&c
Norfolk
City Point, &o.

New York
Boston
Baltimore
Pbiladelphia, &c.

7,834

984
2,614
2.244
11,259
9,944
13,697
7,585
221
3,412

1882.

1881.

418,073 98,958 130,711
11,309
875,717 378,058 287,417
266,647 43,947 56,710
18,422
99
5,086
643,818 100,081 98,745

22,946

240
30,565
8,628
391
20,276

4,144

468,710 73,492 79,344
38,263
1,733
579
96,193 13,739
6,460
23,458
500,069 48,509 33,553
151,099
66,900 300,639 167,832
70,168
6,820
5,804
15,125 66,62
29,360
21,317 15,420 11,693

10,382

128
1,412
1,040
13,671
4,803
8,153
5,123

752
1,094

913,294

114.868 3,444,225 129.604 3,694.438

Total
•

327,458
12,262
932,722
201,747
19,749
584,169
6,464
402,474
16,883
109,009
14,997
433,803
91,458
95,413
138,885
17,270
39,462

257

Block.

Since Sep.
1, 1880.

This
Week.

Since Sep.
1, 1881.

8,397

Indianoia, Sus.

1,137,125.

In order that comparison may be made with other years,
give below the totals at leading ports tor six sea.ions.

—

Receipts at

Galvest'n.&o.
New Orleans.

Mobile

Savannah
Charl'st'n.Ac
Wilm'gt'n, &c
Norfolk, &o..
All others

Tot.thisw'k.

1878.

1879.

1880.

1881.

1882.

we

1877.

1.5,513

8,993
40,700
12,741
18,154
10,905
1,558
14,503
21,935

11,615
25,165
15,240
19,576
15,511
3,144
13,458
9,904

10,380
63,620
19,427
16,981
12,073
2,484
17,188
11,571

15,412
26,726
13,849
17,618
11,128
8,953
13,849
12.480

129,604

129,489

113,613

153,727

115,015

8,654
29,533
3,933
12.173
8,818
4,953
21,203
25,696

23,186
30,565
8,628
20,276
10,510
2,452
18.474

114,868

Since Sept. 1. 3444.225 3694,433 3445.830 2953.995 2794.496 2893.368
Oalveeton inyludes Indlauola; Cliarlestoa includes Pore Koyal. Ac.
WUmtagron Includes MoroUead City, Ac; Norfolk include.') City Point. Ao
TBie exports for the week ending this eveninsr reach a total
of 138,346 bales, of which 76,931 were to Great Britain, 29,855 to
France and 31,560 to rest of the Continent, while the stocks aa
made up this evening are now 1,137,121 bales. Below are the
exports for the week and since September 1. 1881.

Wltk Ending Jan.
Exported

;

sumption have latterly become quiet generally and prices are
not very steady. Refined petroleum has been dull ana lower at
6%c. from refiners and 6%c. for re-sales of contracts held by
exporters. Certificates have fluctuated within a narrow range
during the week, and close at 81 ^c.

ToleU.

1,411

Florida

in values.

Pork, lbs

since

Export*

from—

Great

—

6.297

New Orleans.

1S.543

Galveston

4,%9

Mobile
Florida

Savannah

Conti-

1,800
37,480

—

Charleston *..
WIlmlnKton..
Norfolk
New York....
Boston
Baltimore.
Pblladelp'a,ac
.

.

Total
Total 18BP-S1

Iholadee

8,oe»
8,739
a.28S
15,507
6.431
4,798

1,175

1,04S
a,87t

From

Exported to—

CmM-

Week. Britain. France

nmt.

5,3i«

14,515

9,675

18,414
3.138
15,50?

3,463

83.953 18,199
S74.638 1SS,1S9
15,006
3,331
3,900
0«,263 15.430
108.3W 18.987
33,195
1,430

7,549

S3,M6

6,971

800

183.!

154.163
50.353
8B.a01
st,soe

9.894
4,T9S
1,1

4,000

4.000
0,931

!».S55

BII.M.'V

Z-i.a^l

Sept. 1. 1831. to Jan. 13, 1888.

(Jreat

Total

1,131

1.000

exijorts

13.

—

to

138,346

1.

SOMO
10.071

064361 331.490

88,531

134.673

130,964

068,816
ie,ses

1,131

1S1.3S8
87,386
7,718
13,930
84,010
1
33,443

Ac

8,900
398,931

313383
47.331
19«,Sta

SOSJBT
fiOJSS
06,134

SO

S4JSS

405.336

.761.0T7

18 88t I06.T781 1.407.S9S 800.750 "Mi.5r

rrom Port Boral.

Total.

THE CHRONICLE.

61

also ffive

nar telegrams to-ni-ht
In addition to above exports,
on sliipboard. lot cleared at
fhrfollowin^
folio win; amounts of cotton
us the
figures for New York, which
the ports named. We add similar
by Messrs, Carey, lale «
special
our
for
»re prepared
Street,
Beaver
Lambert. 60

JAN. 13, AT-

1'

Orleans...
aw
Mil)!!?

30,930
8.300
4,360
6,600
10,663
3,800
3,u00

—

Cttiirleston

Kew York
Other porta

63,153

TotEd.

3.000

None.
None.
1.578
Nuuc.
Nunc.

2,000

1

35,297

10,211

126,887 1010238

51

350

12,723

;

9*

^

B;

t)ti5

SOS.-.,

SCO

&»

^6
MM
.-mO
to to

WW

sellers to realize,

Were to arrive. The following are the
Mleo for ;ach day of the past week

Ordin'y.«J)

93,8
9^;"

Strict Orrt..

914
9'-*16

9^

95m
9-'«

109i8 1058 101 'id
llHs
Btr.G'dOrd 11
ii»ii
Xjo-w Miilil't.' ll''l6 \l^
1113,(1
Str.L'wMiil nilifi M'H
ll'^l« l-i
MiddllTiR... ll'R
Good Mid.. I214 126,6 1238
8tr.G'dMidl2i« 12»,« 12=9
131 ie I3I9
Hidd'gFuirlS
13lSi« 13'9
|13?j
Fair

Oood Ord..

101,8
lO'a
11»,8

im

Wed Th.

official

ir-ii

12

99,8
lOia
lOiSie
1138
1113,8
121,8
J4

12
12»m 1258
12i3ie la's
135,8 1338
123,8

1141,8

{Wed

Frt.

14%

—

kOto

to 10

toip

a Si at

tUCO

»t^

QDCr. to

c*-io

S GO
t^o

^mO
10 too

Mt-O

1

CO
OOio

tOlOo

1

ijis

m6
onto

tOIO©
6-.'iO

6»

<is--io

i^s
-jo

1
I

too

I

fiSCJt

1

©w

I

tOtOo
cctoO

^O
MM
05
IOUq

too

ti

^to

QC'O

to to

CO

WW
CO

to to

WW 13
©r
MM|0

95|6
978

BtelctOrd

Ord Ills
Midd^

w Mil
Middlin;;... 12

Btr. IV

Good Mid..

1238
Btr.G'dMid 125e

Kidd'g

958
103,8

95,6
9"8

lOWo

tCCCo

I

ooo
coco

CO

11

IlKlfi

ll'lfl

11%
ll's
1218
12
125,8 123,8
12li,8
121o„ IH'^l"
1213,6

959
103,6
101'-,6 11
1138
ll''l6
99,6
1018

Ill-lie

Ifg

Vf,'"
1214
12=8
1278

12iJ
126,6
1211,8
1213,6

1137,8 1135,8 11338
1143,8 1141,6 11418

Til.

Frl.

958
103,6

9=8
103,6
11

CCWo

66®

Wed

-

03

toto

,

« oc
-1
-1
o o wcco
o o -••10 =

MMO
to too
I

I

MtOo

CO

wo

toto

CO)
©10

143,6

iciog

1

>-'-'«

^'»

I

Wo
660
CD JD

t*

Ilia

Fail |13l8

Fair

ll3''8

12
1238
1258
I318
IS's

12
1238
12=8

Frl.

95h
103,6
11
111,8
1178

958
103i8
11
117,8
ll's
1218
125,6
1211,6
12:5,6

13 18
137e

STAINED.
Goi>d Ordinary

ll'',6

959
103,6

ll'^ia
11 '8

11'8
1219
1218
125,6 125,8
1211,6 121118
12151811215,8
137,6 |137,6

11"8
1218
125,6

12%

126,8
12lti8
1211,, 1211,8
..,
1216,, r2ic,6
1215,6
137,8 137,6 ;137,a
137ie
1143,6 |14S,6 Il43i6 143,8 143,6 1143,0

1125,8

Sat.
sp lb

83»
9!^

BtrlcKJood Ordinary
lx>w Middling

noD Toes Wed Th.
313,8
913,6

107,6 101a
117,6 Ills

Mlddllnir

878
979
109,6
Ill9l6

879
979
109,6
119l6

I

COCO

toco

oa»
»."

Con-

port.

sump.

878
979
10»,a

979
109,6
11916 tll9,tt

CO

CCCO

T®co

k".

totoO

locio

toto

to 10

toto

w O
10 O
w>.

Oicjt

cto
tctoo

lit.

cr.

°

FOTCUES.
Deliv-

Total.

.Sale*.

M
1

M

eries.

I

MO

>?
IS

o:to

66
MOt

to 10

660
coco

MM
tto
COq

to

IJ.K.O

o

I

M—
CO

d

I

M*-jw

o

to to

to

moo

@

'-5

ill

T5

-^ i-'C.

lOtOo

to

(y>*.0

1*1

to CD

fe

toto
tU

1

g

MH-00
wt,;o

tow

met

s

I

COMiTi

"a

KPoS

-jo

MO
®«»
MM^
COCOq

o

&^W

1

CCCO

C/:co

SM
KWo
I

CM

g

too
1^0

o

MtO

e-r
CO

CD at

ODQOO

CDtcO

obobo

tOvl

oc->

t;

00
too

ao
Clio

1

MtO
I

SI

OM
I

CM

.JO
,(-0

S>

81

I

MMes

MMO

1

CO

OCOD

CO
wr
MMco

oc JO

cci)
toto
tl^

-j-jo
CiCi

to

^.''-^

r^y-'

CO
too
to

CO

1

«;,

^>-^
i^i^fo

CO

COMO

I

®

coo

I

®

01^
I

®

MMci>

cic-.o

O'M

cj»o<0

m

Bcpteraber. 1881, for September. ol4.000: Septem•Includes sales
ber-October for October. 416.400; Septsmber-Novoinber for ^OTelnUer,
511,200; September-December for December, l,47il,100.

B

Spee- IVanul'l'n

tciOo

WMo
MOO

^-'^^

.\,

OK SPOT AND TRANSIT.

8,VLK9
JSx-

I

MO

tOM

Frl.

MARKET ADD SALES.
gPOT MARKET
CLOSED.

® CO
WM*.

CCIO

&:cd

O'citO

Th.

©r

I

to to

OJ0_

I

col

10 to

obx^

COCOo

I

13',

ouco

crob

^p

mui
^O'

coco

10.J|8

11

111« 1117,6
119,,
119,6 Ill's
IIIJ16 111'>16 1113,6 1218

Btr. O'd

Xaw

95; a

ion,, lOiiia ion 16 11

Good Ord

tOM
©ri

CC

to to

t:>

tcto

bales

s

OC.O

tcto
occb

ccob

to to
CD CD

ta

or 03

to to

to to

to

-

&Ji-

too

to

to

M^O
too

w

I

8r

I

quotations and

013
101,8
10^8

Mo

tots

to 10

\-'l-'

Ordin'y.'p

10

M tU

to to

TEXAS.
Sat. inon Tnea

9=8

6)*-

I

M—

1013O
toriO

I

NEW ORLEANS.
Sat. mon Taes

UFLAND8.
Sat. Man Toei

Jon. 7 (0
Jan. 13

Of the above.

MO

to CO CO

to to

at 12c. for middling uplands.
The total sales for forward delivery for the week are 714,200
this week
bales. For immediate delivery the total sales foot up
consumption,
for
export,
1,863
for
797
including
bales,
9,552
transit.

90 10

10 to

OJCO

South.

and 4,383 in

ODOU

10

(a;

Mibo

O05

To-day there was a variable
Cotton on the spot was more
decline.
some
at
closing
market,
the regular
active for speculation and for lines in transit, but
demand for export and consumption has been limited. The
advance noted in our last was well maintained till last evening,
when the close was weak; and to-day the market was very dull

8,504 for speculation

od63

0:0

•"*

M^W
to too

tOo

l>i

holders.

the

ri.-'

I3 0D

encouraging at the same
prices gave way for all
time selling for the decline, under which
of prices to advance
failure
The
January.
deliveries except
many
when receipts at the ports were really small discouraged
The reduced movement of the crop was due in part to
at

3.

l-'H-OO

—

OCi

I

MMr/i
totco

ttk,

!»^

aw

^p
M CJ
mmO

©CD

I

•was

bad weather

®-

I

IC

o

been comThe speculation in cotton for future delivery has
review, and the fluctuations
paratively quiet for the week under
wide as usual. The opening on
in values have not been as
the large visible
Saturday last was somewhat depressed, under
on Moncaused,
ports
the
at
receipts
in
reduction
a
supply, but
the opening
day and Wednesday, prices to advance. Yesterday
" operators
"
buoyant, but the demand fell off, and outside

became

^o?"

OCOD

0010

bales at presses for foreign

500

-is

re
•^

teas

CSS

S H2

E

Incluaed in this amount tbpre are
wliioU wo cannot learn.
porti. the dostlnalion of

for the rise

C.C.P

K

I

•

02.H.S

„: p

Leaving

4,700
2,9S1
None.
1,000

None.

E

•

„: -

55,126 322,932
32,647
11.300
68,632
4.860
85,.'584
14,500
69.007
29,931
*4,650 293,939
6,500 135,447

1.030

None.
None.
3,200
11,726

M

Total.

tcise.

15,021

8.1

W

Sloci!.

Const-

Other
France. Foreign

Great
Britain.

BaTauuali
Oalveston

Shipboard, not cleared—for

OD cs

Is? I

,

On

Q5

Q'TiSP?

S5i

o'S.S.g'

XXXIV.

[7oL.

Inclndes for December, 1882, 200 at 11-54.
Inclndes for December, 1882, 200 at 11-6,'i.
1882, 100 at 11-62.

C Includes for December,

Transferable Orders— Saturday, 1 1 -90 ; Monday, 12c.; Tuesday, 12c.;
Wednesday. 12c.; Thursday, 12o.; Friday, 11-93.
,, ,„ a- „..i„„
Short Notices for January —Saturday, 11-85; Monday, 11-59; Tuesday,
11-99.

130
382

Sat.. Quiet

Mod.

rttcady

Taes.

Eairiur

Wed.

Dull

•nmrs

Eii«y

atli6adv
at I16 odv

i'lO

275

::

517
251
770
404 800
410 211 I.fi33
279 .200 ,2,750

130 104,700
119,500
156,500
99.400
112,900

1,009
1,302
1,204
2.372
3,329

900
900
500
500
500
400

m.. Qultt

iY2
300

Tom

797 1,868 2,501 4,383 9,552 714,200 3.700

Tho

.

121,'ZOO

dally dellverloi glvea above are aotaally deUrei ed tlia
Tloiu to tliat on wUo'n tUey are reoorte I.

day

i>r( -

Thb Sales and Prices of FnrnEES are shown by the following comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, ano
the dosing bids, in addition to the daily and tot a oaies

The following exchanges have been made during {he week:
•26 pd. to exch.
•71 p '. to oxcU.
•30 pd. to exch.

800 Feb. for Mar.
100 Oct. for 83)>t.
500 .Mar. for Apr.

I

-2 ^
-2-J

|

-2:^

pd. to oxeli.
pi. to exch.
pd. to exch.

1

,000 Feb. for Ma,r.

100 Ma,-, for AprlL
500 1 eb. for Mar.

Visible Supply of Cotton, as made np by cable and
is as follows.
The Continental stocks ate the figures
of last Satorday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
Iwonght down to Thursday evening; hence, to make the totals the

The

telegraph,

complete figures for to-night (Jan. 13), we add the item of exports
from the United States, including in it the exports of Friday only.

Janoart

I8ta

14,

Stookat Uverpool
8( lok ul

THE CHRONCJILE.

J

London

Tnlal Ornat Britain «t?ok
fltook nt

Btook
Stock

1H82
572,000
40,700

bales.

1981.

1880.

187B.

487.000
34.000

501000

421.000
40,250

47.323

Miirat-lltoa

tkt

Karcitlona

« mJaleading, an thny are made ap more largely one year
^ban another, at the expense of the interior stockx. We roaeb,
^erefore, a safer conclu.sion throagh a Rompanttive MtAtement
tliP

like the following.
In reply to freq^uent in(|iiirieH we will add
that these figures, of coarse, do not include overland receipts .or
jouthem oonsumption; they are simply a statement of the
weekly moremeat from the plMitatioiu of that part of the erop
which finally reaches the market throagh the oat>ports.

.

Havre

ivt

filook at llamiiurK
Btook at Kromon

Stock at AmnUtrilam...
Btook at Rotterdain
Btookat Antwerp
Btook at otiier ooutl'ntal portSc

BECkipn raox

Wuk

Total continental porta.

229,260

Total European Btooka.. ..
India cotton alloHt tor Europe.
Auier'n cottoH ulloiit, for Eur'pe

811,900

121,107

142,810

203.000

IJ.1.000

Not.

525,000
390,783
13,000

Btock In U. 8. interior ports..
Dnlted BMi tea exports voKlay..

n.

•

18.

••

23.

•'

Amertean—
413,000
lOD.OOO
525.000

Uverpool stock
Continental stocks
for

Europe

1,137.125
United States stock
United States Interior stocks.. 390,733
18,000
United States exports to-day. .
Total American

303.000
100.000
736,000
912,012

303,000
80,000
511,209

277.35'J

332,383
16,000

89.").3ee

14,000

133,000
834,136
233.230
10.000

2,592,903 2,408,171 2,218,018 2,030,372

Matt ItuliaH.Brazil, <tc.—

Uverpool stook
London stock
Oontincntai stocks
India atloat for Europe

Ac, aifoat

B(fjT)t, Brazil,

Total East India, Jso
Total American

Total visible supply
Price Mid. Upl., Uverpool

159,000
40,700
120.200
133.O00
45.000

119,000
34,000
42,810
82,000
28.000

133,000
47,323
41,107
54,279
22,312

122,0OC
49,250
73.000
53.000
26,000

497.900

305.810

303,021

32b-,2.50

2,-592,908 2,408,171 2,213,018 2,030,372

3.090.808 2,713.981 2,.521.039 2,333,022

OHud.

....

719:1.

flSg-l.

51131.

t^The

imports into Coatiaeatal ports this week liave been
42,600 bales.
Th-i above figures indicate an increase in the cotton in sight
to-night of 376,887 bales as compared with the same date of 1881,
an increase of 569,829 bales as compared with the corresponding date of 1880 and an increase of 737,246 bales as com-

pared with 1873.

—

At thb Interior Port3 the movement that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1880-81 is set out in detail in the following statement:

—

!

^O

O

.

2»fc2.'

go;

£:

",:

COM

MiU

i-t

t-<l5

COM ^

50

_JC«D
C^i

V

OD"b» -1 © 10*1* -^ ^ C
or "-• to 00 CJ
ICCDSiCTOOt — OOOtl^Cn-^X-i-Ol — *-W^

X C* 09

MGDQDIC03OO

MtO '-'
K; 00

<i

§!3

M
M
M
M
o 3 A a o a» — 10 * -1 31 00 D* 00 CO

-Irfk-viCPOitoO

W 1^
3S CS p-"—
fC
O O' M cn
WI0^-a*-OO M
CO -^

•'1

=

Mw-hiu M
"-• yi t-" 10 to ii a
CC'MAC)'(0"**C»MOiV|WQCh-V|W<]CIOK*
^»-iM0^tC01'5C«CC;j*iUC0OC0*-XC0r0

03M

M©t-»i-. toco
wax—
©COM — 5^^
^8
cc to Cn be X ^ iU OS » ro xVi c a:^ w j/-* bi

Mt-»»0O3*M

U

— Cit»-JWXlOXM"--0«
AOOMOwXir^*-ivttOOCt:5wt|0-'-^-'l
O^-O'-'i'XJtC-.O

14 to en CI :3
CJ
O" »10 Kl CO tf^

1^0

K-

M M to
X

M

M

-• •—
i^^i"* »CO <IC CC CI 3>Ti *.'';j> VTo

oiooo-isy»o
MtOi/'Ol^WO

(O CO

WCO —

00

CO Cfl

o to to o» — oi 1^

»owtOMMaii-«

»-»

c«-j

**

MCOCOXOCOi^M«.]^MUC»tOHOOafXA

-^J

It*.

'-'

»-•

CO

m o to

(^.

rf*.

<- to tj

*3

— coxiiiyi

ODQwcoloxao

^ ^ to 3 ro

C050X-MppXp;^-*.pJ-.xSS^^»-

o O 00 M X ^^ 00 CO X W to 0- OJ mV] 3D CO *- CO CO
1^
00 X ** ;d © to CO M X » 3j cj -^ OS to X a. en
"-»

c:io
CO--^ CO
,^*w**
-SS^ 0» o'-l 1^ <OI0 op h- (O

otO'^iOxoro
10

;-lO

— CO M
— u»

s> -i '-o o: to

w to CO *- to to

W O^ CO(D V w^ II

o-^oror->o>tooif^civc3->4M>--x>siaiad

0(0 51^1 — -J--0SMO"^C0 ',0 31-1X0 too

totootOi^to:;t-^ciiciiast">uciio-^to-<ia3

ftoc;too;t3^ox.4i^niaiifc.o,j^gao*^tHx
'
t

Actual stork.
Tills year's llgiires

The above

estimated.

show that the old interior stocks have deereased daring the week 16,121 bales, and are to-night 113,424
more than at the game period la.st year. The receipts at
the same towns have been 24S bales less than the same week
last year, and since Sept. 1 they are 68,470 bales less than for
the same time in 1830-81.
Kbcbipts from thb PLAiTO.KTions.—The following table is
prepared for the purpose of indicating the actual movement each
week from the plantatioM. Beceipta at the outporta are aomebales

Jan,

9.

!J3

m-'to. 'do-Mi.

'di-'si.

11X736 l7»,»7aslB,IB0 293 J86 *<T/7li »>8J9»

133.905 904.799 S8«M6 243.257 276.851 253,473
187.126 K7,t8sL>86.408 273.437 838,218 li64,B80
«18.»9e M2326 306.798 280,380 ]m,80» 24S.1B7
2I9,1S2 205.1^! 221,870 2«t,183 247.911 325,903 334.897al0.777 341,031
216.167 2li<.311 210.170 3S7.109 «18.89S 860,864 2SI>,093 S19.2«5W,S31
331.S7A 213,137 233.311 317.(98 295.976 370.247 26e.23ft 2>0.648i858.2S7
218.007 2.')«,4M0 238.579 813.508 294.224'S97.S38 244.942 297,488 28R39T
S
207.no I 237.080 201,8!S 381.026 310.015.409.691 239.024 25S.'i71i210.<7I)
154.3011 19.3,'I.'B| 195.838 336.943 821.225 419363
205
510
i
149,823i»)7,645
:i9.4Stt| 110.733 102.428 S40.8Bi- 3X),S09 40«,OOI 148,402 Ii0,0l9 143,9^0
120.604 U4,S0S 3:S 8331277,8:9 'M0.'-(I3 13«.OI8llCe,4:4 98.747

The above statement shows
1. That the total receipts from the plantations since Sept. 1 in
1881 were 3,759,811 bales; in 1880 were 3,950,854 bales; in 1879
were 3,790,912 bales.
3. That, although the receipts at the out-ports the past week
were 114,868 balas, the actual movement from plantations was
only 98,747 bales, the balance being taken from the stocks at
La.st year the receipts from the plantathe interior ports.
tions for the same week were 106,454 bales and for 1879 they
were 132,013 bales.

—

Weather Reports bt Tblboraph. The past week has been
ramy in almost all sections of the South, and in some sections
very rainy, interfering with farm work, and to a limited extent
with the marketing 01 the crop.
Oalveston, Texas. It has rained on five days during the past
week, the rainfall reaching two inches and fourteen hundredtlu).
Plowing is suspended. The cause of the small receipts this
week is both bad roads and short crop. The thermometer has
averaged 63, ranging from 56 to 71.
The weather was warm and dry during all of last week.
Planting has been commenced in most sections. The thermomeDuring the
ter ranged from 44 to 71, and averaged 58.
month of December the rainfall reached five inches and eightyfive hundredths.
The annual rainfall at Galveston for the past ten years was as

—

totals

Indianola, Texas. It has rained on four days of the past
week (constant drizzles). The rainfall reached seventy-one hunAverage thermomeIt is too wet for work.
dredths of an inch
ter 63, highest 74 and lowest 51.
It was showery on four days of last week, and the f ainfall
reached seventy-one hundredths of an inch. Crop preparations
have been begun. The thermometer averaged 58, the highest
being 74 and the lowest 41. Rainfall for the month of December one inch and twenty hundredths.
The annual rainfall at Indianola for the past nine years was
as follows: For 1881, 37-63 inches; 1880, 4610 inches; 1879,
26-72 inches; 1878, 3774 inches; 1877, 42-67 inches; 1876, 32-14
inches; 1875. 3539 inches; 1874, 4306 inches; 1873, 43-27 inches.
Corsicana, Texas. The annual rainfall at Corsicana for the
past seven years was as follows: For 1881, 37-78 inches; 188f,
!

00

>-at;CflO0:3:31»CDCSOM-l31Cl'-C;tC;<QD

!-• -vi

••

2
19.

SW.613 29I.H90 :W3,241
«M,(W7 »1.76'J 216,666
220.216 215342 224,420
218,109 236,618 224337

'

t

1

oiibOc;i®MCO

OM

Sfoeh al Interior Ports Bee'ptj/rmn Plant'tu.

—

f^ip'JP

?
&
O) td »>

Pitrtt.

follows: For 1881, 51 98 incha=; 1880, 5097 inches; 1879, 2690
inches; 1878, 60-90 inches; 1877, 6687 inches; 1876, 50-92 inches;
1875, 58-48 inches; 1874, 49-68 inches; 1873, 58 91 inches; 1872,
41-72 inches.

JO rs

E E
4

"

30l!,000

SlO.OtiO

4.

•'

Deo.

3,030,869 2,713,981 2,321,039 2.a.-)3,622
Total visible aapply
Oltbe anove. tlie totals of American and otber deaoriptions aro its foUowt-:

RieHptt at tht

rLAXTATioict.

:b.'80, 'ao-'dl. 'Sl-'oS. •7».'*0. •80.'8I."(J|.'88

Oct. 28.

45.000
E(ryiit,Bra7.11.Ao.,«IH for E'r'pe
BtocK IQ Uuitwl Wtatea porta ..1,137,125

American atloat

66

—

42 06 inches; 1879, 36-19 inches; 1878, 39-06 inches; 1877, 43-89
inches; 1876, 3369 inches; 1875, 32 11 inches.
Dallas, Texas. We have had hard rain on four days of the
past week. The roads are in a wretched condition, and farm
work is stopped. The thermometer has ranged from 51 to 70,
averaging 60, and the rainfall reached two inches and eightyfive hundredths.
During all of last week the weather was dry. Small grains
Average thermometer 54, highest 71 and
look prroraisin^.
lowest 39. During^ the month of December the rainfall reached
ninety-one hundredths of an inch.
Brenham, Texas. It has rained on five dajrs of the past
week, the rainfall reaching two inches. Farm work is sospended, and the roads are in a terrible condition, but no worse
than they were at this time last year. The thermometer has
averaged 62, the highest being 73 and the lowest 52.
The weather was dry all of last week. Contracts for labor are
now being made at about last year's rates. The thermometer
ranged fiom 40 to 71, and averaged 55. The rainfall for the
past month was seventy-five hundredths of an inch.
Palestine, Texas.— li has rained hard on three days of the
past week, the rainfall reaching one inch and twenty-three hnndredths. The wet weather interferes with the cotton movement
and farm labor. Average thermometer 61, highest 70 and
lowest 52.
The weather was dry during all of last week. Farmers are
now plowing. Average thermometer 66, highest 71 and lowest
40.
Rainfall for the month of December, twenty-five hundredths of an inch.
Neit Orleans, Louisiana. ^We have had rain on four da;r"
of the past week, the rainfall reaching one inch and twenty-six-.
hundredths. The thermometer has areraged 67.

—

—

—

THE CHRONKJLE.

66
We

had no rain during

last

The thermometer

week.

„

Liiile Rock, Arkansas.— The weather has been cloudy all the
past week, with rain on four days. The rainfall reached two
inches and geventy-flve hundredths. Average thermometer 46,
highest 66 and lowest 37.
Tnesday, Wednesday and Thursday of last week were cloudy,
with rain on two days, and the remainder of the week was clear
and plea-sant. The rainfall reached twenty-one hundredths of
an inch, and the thermometer ranged from 25 to 65, and

averaged 41.
Nashville, Tennessee.— It has rained on six days of the past
week, the rainfall reaching four inches and sixty-two hundredths.
Average thermometer 51, highest 68, lowest 36.
Mobile, Alabama. It has rained severely on two days and
has been showery on five days of the past week. The rainfall
reached two inches and fifty-three hundredths. The cause of
the small receipts this week is principally exhaustion of crop.
Average thermometer 64, highest 72 and lowest 52.
Montgomery, Alabama.— It has rained on three days of the
past week, and the balance of the week has been cloudy and
warm. The thetmometer has ranged from 51 to 75, averaging 63,
and the rainfall reached one inch and seventy-two hundredths.
Selma, Alabama.— It has rained on six days of the past week,
the rainfall reaching two inches and twenty-nine hundredths.
The thermometer has averaged 62.
Madison, Florida.—^ho weather has been warm and dry
during all of the past week. The thermometer has ranged from
52 to 74, averaging 63.
Macon, Georgia. We have had rain on three days of the
past week. The thermometer has ranged from 51 to 72.
Columbus, Oeorgia. We have had rain on two days of the
past week, the rainfall reaching one inch and forty-one hundredths. The thermometer has averaged 65, the highest being
71, and the lowest 55.
Savannah, Georgia.—The weather daring the past week has
been pleasant and a little warm, with no rain. The thermometer
has averaged 63, ranging from 47 to 76.
Augusta, Georgia. The weather has been warm, sultry and
wet during the past week, with rain on every day. The rainfall
reached sixty-nine hundredths of an inch. Cotton is still coming
in pretty freely. Average thermometer 59, highest 71 and

—

—

—

—

lowest 46.

Third— In the " Overland Cotton Movement" there

arer-

^^Jireveport. Louisiana.—Tho weather has been warm, damp
and cloudy daring the past week, with light ram on every day.
The rainfall reached three inches. The thermometer has
ranged from 44 to 74.
,
j
,
,i
j
Vicksburg, Miss^i-mppi.—We have had warm, sultry and
every
with
rain
on
day.
week,
past
the
wet weather during
Columbus, Mississippi.— It has rained on every day of the
past week, the rainfall reaching three inches and sixteen hundredths. The thermometer has ranged from 46 to 73, averag-

—

as to crop in sight, or consumption.

a year, and to

naed

—

Jan. 12, '82. Jan. 13 '81.
Feet.

New

Below high-water mark ..
Above low-water mark...
Above low- water mark...

Orleans

Hemphla...
NashvUle
Bhreveport..

Vlckgbunc

...Above low-water mark...
Ab»Te low-water mark...

Inch.

Feet. Inch,

4

O

2!)

7

42

4

16

13

U
9

11

33

12
i:

our

office

last

week

in

in the gross overland

new

finally

receipts at the ports,

lessened

Now

us, especially as

no expense in securing
as to present

The

them

all

we used every

to our readers at

best laid plans of mice

and men,"

First—In the latter part of the item " New York Cotton
that. " nothing has transpired respecting

" actual

sales since that mentioned on December 24 at $5,900."
Before the item reached the reader the figure nine had been
turned into a cypher ; but as we referred to the date where it

was

probably undenitood.

Second—In- the item " Stocks of Cotton," in the last line bmt
oae we are made to say " refuse as make further aivances;"
he words were written, "refuse to make further advances."

still

too

effort

and omitted

by telegraph, so
the earliest moment.

etc.

—

Prices and Supply cf Cotton. ^We have frequent inquiries
with regard our opinion as tj the future of prices. It would
give us great pleasure to furnish the information, if we had it
to impart. That is one of those subjects about which we know
There are plenty of brokers who have the
literally nothing.
whole thing at their fingers ends, and any one of them would
be glad to tell our correspondents all about it, especially if after
so doing the applicants leave an order to buy or sell with a
broad margin. That too, by the way, is an excellent test for
any enquirer as to the correctness of the information, for after
such a little transaction one is sure to know and to remember
well whether prices went up or down.
Our knowledge about cotton is wholly confined to a few facts
bearing upon supply and consumption. When we see sufficient
cotton has been raised to satisfy the year's demands, we are apt
to say so, as we have said this year. But the meaning of such a
statement is not that prices are going down, for the market rates
are the result, ni't only of that fact, but of many other considerations. For instance, at the present time, one important
is that values are not high.
Look at the following
statement of quotations on the 8d of January for a series
of years. We take that date because we had prepared th&
back years for another purpose, and the eleven days which
have passed since, have not materially changed the situation.

January

3.

1860. 1877.

1878.

1879.

1880.

1881.

1882,

Cotton—
11

1258

12^

111516

1238

11>-J

ll's
I

11% 12%

11

91l6

3%

" Exchange" we wrote

and

the overland figures

8

somewhat the ordinary smoothBat we attempt no excuse—only an
the same time gratifled that none of the

items,

returns of

we made.

4

some of the
The only

later

these mistakes are all very humiliating and intensely

annoying to

"

by other

by

which show that our figures were

small even after the large additions

8 '4

connected with cotton.

correctly given, the intentio» of the statement

is

neutralized

9

errors have really misled onr readers as to results.

had been

is

5

year, disturbed

at

but this

558

working of our force.

apology— feeling

;

the whole error

8\

Mi.S8mir.

—the receipts

instead of the shipments, which of course added a large error

Brown sheetings.

that other duties incident to an enlarged edition, and that one the
of a

the overland items to insert,

Print clothe

excuse for it— if excuse there can be for gross carelessness— is

first

all

no one can explain

1

Orleans reported below high-water mark of 1871 untri
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871. or 16 feet above low-water mark at that point.

Errors.— We were very unfortunate

was given

5
8

New

clerical labor of

whom

with a kind of fatality

Middling
Low middling
Cotton Goods-

13, 1881.

determined to reprint

columns are so crowded, and the final results are right, we
have concluded not to do so. The principal error is in the St.
Louis figures, where the clerk who has done that work for

January

and January

We

the entire Overland article to-day; but on reflection, as our

condition

12, 1882,

are several

serious errors, but altogether they do not alter the final results

Atlanta, Georgia. It has rained on five days of the past
week, the rainfall reaching one inch and ninety hundredths.
The sun has not appeared during the week. Average thermometer 54, highest 64 and lowest 40.
Charleston, South Carolina. We have had rain on two
days of the past week, the rainfall reaching eighteen hundredths
of an inch. The thermometer has ranged from 47 to 76,
averaging 60.
The following statement we have also received by telegraph,
ahovring the height of the rivers at the points named at 3 o'clock

—

XXXIV

[Vol.

5^8

ll"l«.

8>fl

8%

43.g

4

One sees at a glance from the above that cotton is not really
and intrinsically dear. But yet another fact, which is a troublesome one, is that we have, daring the last 2>i months, been
piling up stock here until it has got to be very burthensome, and the question of price seems to be largely
reduced to a question of endurance between New York and
Liverpool, with the hot end of the poker in our hands. It was
just this situation we sought to guard against when way back
in October (Chronicle, October 29, page 456), at the close of an
article on Mr. Ellison's annual figures received by cable, we
stated that there was going to be no dearth of cetton this year
and that it would be wise to let Europe have all the cotton she
wanted at the then present prices. On that very Friday (Oct.
29) when we wrote those words the quotations were precisely a.^
they are given above for the 3d of January. Had th«u:ourse
we suggested been adopted— instead of running away frtnt
Liverpool at every advance that market has made
we
would have rid ourselves of this extra surplus and at present
been in a good strong position for even higher rates. On the
contrary now, if by any accident prices should hreak, is ther»
not cacsiderable danger that these heavy stosks will carry
values far below where they ought to be, and we be compelled to
market the great body of our crop at less than it is really worth.
On the •question of supply we ought always to ke»p in mind
three points CI) our own crop ; (2) the crops of other countries,
and (3) h«w much spinnent can entrench on old stocks. As to

—

—

Jakoaat H,
th0
the

may hare

Rome

poiDt

latter

THE CHRONICLE.

1883.1

that

forgotten

on

Tiaible
and invisible
the
supply (nee ElliHon'H circular in Chroxiclb, Nov. 19, page 647)
wan about 600,000 balen more than in October, 1880, and about
800,000 balfs more than in 1879. It is not at all likely that
«tookB can be again reduced as low as in the latter year; but

of

first

last

October

those figures Hhow the possibilities, under certain conditions,
and every man who wants to know the whole truth will keep
them in mind just now, while our holdings are so large. Then
as to supply from other countries, it is clear there is to be a
considerable addition to last year's shipments, both from Bgypt
and India. As we write we have received the following from
Messrs. Wallace & Co., of Bombay, under date of December 8:

"Altogether, the exports of Snrats to Europe this season may
b« expected to be considerably larger than last, uotwithstand" Ing increased local consumption." This has been the tenor
of the reports from India for a long time. Egypt also gives the
same promise. They had an excellent Nile, and the report is
that it has resulted in their having an excellent yield, though
during late weeks the receipts have been running smaller. And
as to our crop— well, we will not finish that sentence, because it
makes some of our Southern friends billious. But it is signifl-cant of the situation now, that believers in 4.9 and 5.2 have
retired, and that there are very few believers in less than 5.5
left ; pretty soon they, too, will all be gone, and then the estimates will creep up slowly, until the whole chorus will join us
in saying, there is no dearth of cotton this year.
Now, we do cot pretend to know anything about the effect
of all these facts on the cotton market, but most certainly we
think if we had the crop under our control and wanted to make
the most out of it, we should try to roll off on Liverpool at
-current prices a good big bunch of our present burden.

'"

—

Nbw York Cotton Exchanqe. It seems that the names of
-candidates for membership at the Cotton Exchange, after being
passed by the Committee, must be posted five days previous to
Monday before they can be voted on. The required time not
having yet expired for applicants, we cannot give the ballot's
There

result before another Saturday.

a ballot next

will be

Monday.
We have

to correct, as elsewhere stated, a misprint last week
regards the price of a seat sold. Instead of $5,000, as
printed, it should have been $3,900.
A sale has been made

tis

to the above totals to Dee. 81 the daily receipt* aince that tlm«,
we shall be able to reaob an ezaot oomparison of the moTement
(or the different yean.
1881-82.

list

Exchange
J.
I

I

H A. Green. Wiuo. I'X.-.s.
W. K. Uiissell, Noi-fiilk.
'I

1
I

J. C. Tboinas, Ciuciiiiiutl.

Buit.s,

Bao

this

week

is

\V.

J.

U.Vau

Cliioaito.
VoorUiss. Jr.,

.

Shipmenia

New York.

Shipmenia

thia week.

year Great

ContiBrifn. nent.

1882 23,000
1881 1.000
1880 1,000
1879

Oreal
Brilain

Total.

Jan.

Reeelpta.^

1.

Thia
Week.

Total.

40,000
13,000
9,000
6,000

16.000
7.000
3.000
-./.ooo

Jan.

I.

02.000
39,000
23,000
26.000

23,000
23.000
17.000

U.OOo

According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of 5,000
bales, and an iiicrea.ie in shipments of 23,000 bales, and the
shipments since January 1 show an increase of 33,003 bales.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
the same week and years has been as follows
OALCUTTA. MADRAS. TUrrCORtS. CARWAR. RAKOOOM AND KHRRAOKKK.
Year.

Oreat

1832
1881
188.>

Oreat
Britain.

Total.

Oonti'
nenl.

9.000
20.000
5,000
4,000

8.00)!
0,000
5,000

2,000!
2.000
3,000

6,000
4.000
2,000

Shipinentt linee Januari/

thia meek.

Continent.

'

1879
iijio.

at>ice

Continenl.

30.000
6.000
6.000
4,000

6,000 29,000
1.000
2,d'o6 3,000

Britain.

|

ivjvn.

1877-78.

This statement shows that the receipts since Sept. 1 up to
to-night are now 221,436 bales less than they were to the same
day of the month in 1881 and 64,214 bales more than they were
to the same day of the month in 1880. We add to the table
the percentages of total port receipts which liad lieen received to
January 13 in each of the years named.
India Cotton Movement from all Ports.—The figures which
are now collected for us, and forwarded by cable each Friday, of
the shipments from Calcutta, Madras, Tutioorin, Carwar, Ac,
enable us. in connection with our previously-received report from
Bombay, to f urnLsh our readers with a full and complete India
movement for each week. We first srive the Bombay statement
for the week and year, bringing the figures down to Jan. 12.
BOMBAY BECEIPTS AND SUIPMIsrn'S FOR FOtJR TKAB8.

as follows:

Kead.

1878-79.

3,444,225 3,663,661 3,380,011 2,877,892 2,667,862 2,801,067
Percentaxe "t total
TKwr rec' nc Jan. 13
62-40
67-57
0471
61-39
69-36

.T. Kishcr, St. Louis.
WiiUey, Liverpool.

Jay

187*40.

Total

Shipmenia

of visitors to the

C. L. KrtOt. L. I.
8. E. AiiHteu, 8avnnnali.

Jute

1880-81.

Tot,Uc,31 3,107,637 3,454,099 3,120,871 2,651,013 2,399,636 2,601,289
Jan. 1....
B,
20,294
15,776
0,614
18,351
18,523
" 2....
28,830
8.
30,208
22,227
30,235
16,245
" 3....
24,329
23,424
36,437
30,790
18,957
15.384
" 4...
17,92«
11,808
B.
14,949
31.491
12,671
" 8....
23,405
13,307
23,549
20.055
B.
12,891
" 0...
37.231
10.773
22,906
33,248
8.
13,218
" 7...,
17,951
25,039
19,029
14,528
31,763
0.
" 8....
8.
17,286
14,391
24,319
17,551
27.877
" 9...,
21.610
8.
34,762
20,046
17,404
14,735
"10....
16,34S
26,830
20,411
23.926
19,321
14,174
"11...
15,187
18,066
B.
13,778
29,232
15,706
" 12 ...
12,362
20,086
22,132
B.
27.093
19.317
•'
13...
31,380
18,509
21.127
23,732
8.
19,037

since then at $5,700.

The

«7

1

1.

Tola.

24.00f

15.000
18.000
6,000
4,000

33,'>>i>

11,000
8,000

Etc.— There has been no improvement

the market since our last report, and but little business is
'i'hu only .sales making are for jobbing wants, but large
parcels are not wanted. Holders are not pressing goods, how•ever. and prices are fairly steady, though a plump offer of a
sthade less rhan quotations would be accepted for a quantity.
At the close the quotations are S]4(g8J^c. for 1;!^ lbs., 8?4@9c.
for 1% lbs.. 9>g(a9M- for 2 lbs. and 10M@llc. for standard
weighls. Jute bntis aie in the same position, and beyond a few
lOO-bale lots we do not hear of any sales being made. Buyers
are nut anxious to operate at the miment, and sellers are not
forcing goods, but there is an easier feeling to prices, and

The above totals for this week show that the movement from
the ports other than Bombay is 2.000 bales more than same
week la.";! year. For the whole of India, therefore, the total shipments this week ai;d since Jan. 1, 1882, and for the corresponding
weeks and periods of the two previous years, are as follows.

though 2 11-16@2%c. for paper and 2%@3 1-lGc. for bagging
grades are the figures, less will be accepted at the close.

All otberp'rtfl.

in

•doing,

KXPORTS TO KOROPK FROM ALL
1882.

ISDIA.

1831.

18(«0.

"'^iri-menta
to all

Europe

from—
Bombay
Total

Jan.

teed:.

29.000'

Since
Jan. 1.

ThiM

Since

Thia

1.

•S.OOOJ

4«,000
24,000

37,000'

70,000

teeek.

Thia
week.

Since

Jan.

1.

6,000

13.000
33,000

3,000
5.000

9.000
11,000

7,000

51,000

8,000

20.000

1,000

CoMPABATiVB Port Reobipm asd Daili Crop Movexest.—
This la.st statement affords a very interesting comparison of the
A comparison of the port movement by weeks is not accurate total movement for the week ending Jan. 12, and for the three
as the weeks in different years do not end on the same day of years up to date, at all India ports.
the month. We have consequently added to our other standing
Alexaitoria RECEipra and Shipmests. Through arrangements
tables a daily and monthly statement, that the reader ma.y we have made with Mes.srs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
constantly have before him the data for seeing the exact relative
of cotton at Alexandria, Egypt. The following are the receipts
movement for the years named. The movement each month and shipments for the past week and for the coiresponding week
since September 1, 1881, has been as follows:
of the previous two years.

—

Year Beginning September

Monthly
Beeeipta.

Bept'mb'r
October.

Kovemb'r
Oeoemb'r

1881.

1880.

425,770 458,478
837,349 968,318
951,078 1.006,501
933,440 1,020,802

1879.

333,643
838.492
942,272
956,464

1878.

288,848
689,264
779,237
893,664

Alexandria, Eijypt,
Jan. 12.

1.

1877.

98,491

578,533
822,493
900,11!)

1876.

236,868
675,260
901,392
787,769

Sotalyuor 3,197,637 3,454,099 3,K0,871 2,651,013
2,399,630 2,601,289

FUo'tage of tot. pori
receipt* Dec. 31

..

TtUSO

62-39

5960

55-21

Bec«ipt8 (eantars-)—
TbU week....
Since Sept. 1

Thia

niLs Statement shows that

1,

1:5.000
2.700,000

Thia

Since

Tkit

teeek.

Sept. 1.

toeek.

Sine*
Sept.

1.

Exports (bales)—
10,000 141,000 11,000 132,000
1,471 45,503
11,319 77,029

To Continent

h.

oantar la 98

8,000 174.000
5,-J09 101,458

21.319 218.029 12,471 177,593 13,269 275,453

Total Europe

64-42

up to Dec, 31 the receipts at the
^'"'* 258,462 bale« less than in 1880 and
than at the same time in 1878-79. By adding

Since
Sept.

1S7P-S0.

135.000
2.005,000

110.000
2,227.550
uieek.

*

y*"*"^
Pc^
l"',"
ib,76ti bales more

1880-31.

1831-«2.

lbs.

This statement shows that the receipts for the week ending
Jan. 12 were 110,000 cantara and the shipments to all £arop«
were 21,319 bales.

THE CHRONICLE.

68

Manchester
MAKOiraOTEB Mabkot.—Oar report received from
and shirtings is
to-night states that the market for both twists
and leave
quiet but firm. We give the prices of to-day below,
pievions weeks' prices for comparison;
188C-SI.

1881-92.
8I4 lb>.
Shirtings.

32» Cap.
Twitl.
a.

A

KOTll 914310

" 18
" 25
Deo. 2
" 9

9>4910

Oott'n

d

a.

p

938310>« ti
938®10>a

G
6
6

938910% C'
" 16 9>4®10
G
6
23 9'8»10
" 30 93«310
G
G
Jan. (> 9^8310
f 13 9!%al0 (i G
•<

mi.
JJp

88
as
®8
®8
®3
®»
®8

32« Cop.
Iwist.

lis

67,8
68,6
6I3
6II1C
«i»18

9'4
9 '4
9»8
908
9»a
91>8

G-i,e
6II1P,

9»8
958
9'8

8*4 Ws.
Shirtings.
d.

d.

d.

<l.

lis

Cotl'n

®10

a

978

Mid.
TTplds

d.

8.

d_.

®8

9

9
9

®

9

9''e

2,800

Forwarded

7.20(1

1

®8

41a

6:54

3

6=8

United
SHiPPiNa News.—The
States the past week, as per latest mail returns, have reached
these
120,023 bales. So far as the Southern ports are coaeerned,
•re the same exports reported by telegraph, aud published in
the Chromcle last Friday. With regard to New York, we
tD

Wednesday

night
of this week:
"

„

,

,

,

Total bales

bw

York—To Liveroool, ocr steamers Arizona, 2,090. ...City 6,431
of BruBsels. J,v:67. ..City of Chentcr, 1,581. ..Teuoer, 1,493
To Bremen, per steamer Mosel, 1,637
^'^Xk
900
To Hamburg, per steamer Bohemia, 900
4i.J
To Amsterdam, per steamer Stella, 423
4o3
Vaderland. 39.
To Antwerp, per steamers P. Caland, 414
Kkw ORLEANS—To Uverp'-ol, per stc.amer St. Louis, 4,035
lo,803
per ship Drc:uluouKht, 5,600... .Orient, 0,167
per bark Ontario,
To Havre, per steamer Camden, 4,367
7,342
2,975.....
To Bremen, per steamer CharriuKtou, 4,000
f'99J!
5,000
To Reval, per steamer Cydonia, 5,000
To Malaga, per bark Kilco, 1.400
^•'f"
1,406
To Genoa, i)cr bark Guiseppci Lanata, 1.40G
1,510
To Salerno, per bark Niiovo Mondo, 1,510
Coahleston- To Liverpool, per barks CypniH, 3,783 Upland
and 102 Sea Island. ...Ediua. 1,900 Upland aud ih Sea
5.8§2
Island
9o6
To Cork, for orders, per brig Varnaes, 956 Upland
1,135
To Havre, per bark Hebe, 1,100 Upland and 3 ) Sea Island.
bark
per
Upland
Vlol.a.
4.802
steamer
per
To Bremen,
Trenmor, 1,039 Upland ..per brig Kiclstedt. 1,700 Upland 7,591
2,050
To Barcelona, per bark Resue'ta, 2,050 Upland
8 10
To falma de ^lajorca. per bark Ciscar, 8 10 Uiiland
Savannah— To Liverpool, per barks Chrysolite, 4,000 Upland
8,831
St. Cliristophorua. 1,931 Upland
Memlo, 2.930 Upland
per bark
To Bremen, per steamer Naples, 7,100 Upland
8,803
Svanen, 1,700 Upland
Flora, 1,819
3,033
Tbxas—To Liverpool, per barks Bjoru, 1,219
Papa Giacomo,
To Havre, per barks F. H. Drews, 1,852
3,126
1,274.....
1,300
To Amsterdam, per bark Chnstlane, l,aOO
per brig Kana,
To Vera Cruz, per steamer Whitney, 1,303
2,15G
853
1,180
Wilmington— To Bremen, per bark Christine, 1,180
per ship
IfOBFOLK— To Liverpool, per steamer Oallego, 6,798
12.349
I'arenti, 2,255
per bark Olive Mount, 3,296
2,580
To Havre, per bark Hilda, 2,580
Baltimore— To Liverpool, per steamers Caspian, 1,500... Chil7,454
ian, 3,194.... Thanemore, 2,760
2,383
To Bremen, per steamer Leipzig, 2,383
410
Boston-To Liverpool, per steamer Batavia, 440
PennPhilaueli'Iiia-To Liverpool, per steamers Ohio, 625
1,525
sylvania, 900

—

—

—
—

—

•-

Of which American— Estim'd
Total Import of the week
Of which American
Amount afloat
Of which American

The

particulars of these shipments, arranged in our usual
form, are as follows:
Malaga.
Jiarce- Genoa
Bretncn
and Ams- lona (C- and
Liverpool.

Savannah
Texas
Wilmington

6.431
15,802
5.880
8.881
3,038

MorfoUr.... 12,349
Balttmore..
7,454

Boaton
Fblladelp'a

HamHavre,
7,342
1,135
3,126

ter-

Palma

Vera

Saler-

burg. dam. Majorca, no.
423
2.587
4,000
1,400 2,91«
2,890
7,591
8,800
1,300
1,180

Cruz.
Orut.

2,156

2,580
2,388

Total.

9,394
36.400
18,452
17,681
9,620
1,180
14,929
9,812

440

'<40

1,525

1,525

Total... 61,80011,133 26.516 1,723 4,290 2,016 2,156 120,023
Included in the above totals are, from Now York to Antwerp, 453
bales; from New Orleans to Reval, 5,000 bales; from Charleston to
Cork, for orders, 956 bales.

Ootton freights the past week have been as follows;
,8a(ur.

Ifon

Tues.

552® "4

63a a "4

1

,000

481,000
351,000
80,000
57,000
292,000
230i000

,"59.000

27,500
230,000
227.000

63.000
3,700
2 500
47,000
2,200

1,510
1,430

23,000
2.500
8,100
519,000
330,000
82,000
61,000
302,000
240.000

.•^,800

572,000
41:1.000

117,000
81,000
312,000
235.000

tone of the Liverpool market for spots and futures each day «f the

Market,
12:30 P.M

Wednes. Thurs.

Mod.

Mod. tnq.
}

Firm.

freely

Harden'!?.

steady.

6 --a

>:id.Upl'ds

6%

6%

[Vxi.i.Orrns
8p.)C.ifeexp.

Gl'is
613,c

14,000
1.000

10,000
1,000

10,000

Quiet.

Steady.

Quiet.

Dull.

Firm.

Barely

Barely

steady.

steady.

1.000

Easier.

at Us

611,8
613,8

10,000
1,000

8,000
1,000

Sales

6»8
034

0=8

Inq.

freely
supplied.

supplied

5

61:.;,

8.000
1,000

Futures.

Market,

}

12:30 P.M.)
-Market,
a P. M.

}

Dal!.

Steady.

Weak.

Dull.

DaU.

J

The actual sales ot futures at Liverpool for the same weeiv are given
below. These sales are on the basis ot Uplands, Low Middliag olauje,
unless otherwise stated.
BATURDAT.
Jan

O^a
608
6iiin
62332

Jan.-Feb
Feb.-Mar

Mar.-Apr

d.

Djlivery.

d.

Delivery.

Delivery.

d.

Apr.-May
MHy-June

G^^jj® %

Feb.-Mar

621,3

'>i:i]8

Jime-.Iulv

G'-fjj

Jun6-.Iuly

6'8
6i»i3

July-Aug

G^'ji

July-Aug,

MONDAY,
Jan
Jan.-Feb
Feb.-Mar

65a
6'^

Juno-July.. ..GaTjjaTg
July-Aug... 62932 e>'^i8

611,6

Mar.-Apr
Aug. Sept

62ii.,2

Apr.-May
May-June

Si^io

Jan

611,6 IMar.-Aor.

Jan.-Peb
Feb.-Mar

GH, a Apr.-May

Feb.-Mar

..G33.,s

H%

Apr-May
May-June

6SI32

Juno- July

..6i3i6
62732

June-July
July-Aug

S^^ig

Mar.-Apr

6%

.

.

..613,,

...

..62»j,

.

TCBSDAT.
6=^

|

...

7

May-June.... e'sa^Oaa

Wednesday.
G3I30
623 jj
613,6

Giijs Julr-Aug
Jan.-Feb
Feb.-Mar
6^33832 Mar.-Apr
Mar.-Apr.. .62532®13,8 Apr.-May
Apr.-May
62733 Jan.-Feb
May-June
June-July
e's
ei^ig
June-Joly

62:,,2

6'8

I

MavJim"

Jan.-Feb
Mar.-Apr
June-July

ii27.i2

Gii,«
625.,2

62334

Thdrsday.
Feb.-Mar
Mar.-Apr
Apr.-May

May-June
June-.July

Jan.-Feb. ...6iiit®2S33
(i\
Feb.-Mar
Mtw.-April
613i8
62132
Apr.-May

62332
62633
613,8
..%

July-Aug
Feb.-Mar
Mar.-Ajir

678
62832
63I32

Aug.-Sept

7

Mar.-Apr
Jan.-Feb
Feb.-Mar

Apr.-May
Feb.-Mar

6'»32
6ii,8
623,^
613,6
Ii\

Friday.
613,6®23.,2 June-July.. ..629.^2®58
62332 Apr.-May
..6 78 a 27^2 July-Aug
G2532»'8 May-June
61^x6
I

I

BREADSTUFFS.
Friday. P. M.. January 13, 18^3

120,023

Total

York.
H. Orleans
CbarlestoD

471,000
341,000

Total stock— Estimated

—

Hew

5.5,000

Jan. 13.

6.

38,500

m

lis®8

up

Actual export

43,500
1,500
1,510
34.000
12,000

6%

exports ot cotton from the

include the manifests of all vessels cleared

Jan.

Dec. 30.

76,000
9,500
7,300

The
6II16
®S
week ending Jan. 13, and the daily olosiu); prices of spot cotton, have
611,8
®8
hean as follows:
6=8
O
#8
6l;'i6
®8
®3 Ik!
Saturday Monday. Tuesday. Wednes. Thurad'y. Frutay.
®3 li« 6^
Spot.

®10
®10
®10

®10^
9% ®10l2

JJ :<;. 23.
bales.
Bales of tlie week
Of whlcli exporters took
Of wliich Bpeculators took..
Sales American

6"i6

7ia®7 10i3

®10
®10

[Vou XXXIV.

market shows some farther depression. The effort
to sustain valnes by quoting the wheat market, in the face of
large stocks and limited demand, was not maintained, and
receivers seemed quite inclined to press sales from wharf as
well as reduce stocks in store; a still lower range of values is
the consequence Rye flour and buckwheat flour have also declined, but corn meal has ruled comparatively steady. To-d^y
the market was dull, the weather being very unfavorable to

The

flour

trade.

The wheat market has been dull, and although very little
change in values can be quoted the tendency has been downward.
There has been something doing for export, and the
visible supply is not excessive; but receipts at the West again
compare very favorably with one year ago so much so that
all apprehensions of a scarcity during the current crop year
are at an end. The new crop of spring wheat is yet held back

—

Fri.

from the seaboard, and it is said to be of such indifferent quality that it would find little acceptance with shippers. To-day
3l8»'-4
Do
Ball...d.
the market was weak; very little done for export; No. 2 red
ISjj'
Bayre, steam
e.
"32*
"32*
"32*
"33*
"38*
winter,
$1 45 for February and $1 47 for March.
Do sail
e.
Indian corn has met with a slow trade and spectilation in No.
Bremen, steam, .e.
'Is
hi
7l«
'i«
'is
Bo
sail
e.
A mixed has turned toward lower prices. Stocks and current
Hamburg, steain.d.
ht
'la
supplies are ample at current values. If there be any imporhi
ht
Do
sall...d.
tant deficiency in the late crop it can hardly be revealed before
Amst'd'm, steam.e. J3®fl,g
iaa9i8 ia39ig
ht
hi
he
the late summer months. There has been a scarcity of white
Do
aall...d.
Baltic, steam
d.
38
38
38®13,2 38®1333 %®"32 corn, and prime grades of Western and Southern have sold at
Do sail
c.
"32»36 ll32'3>38 "32®38 79@S0c. There is some Southern yellow corn arriving, but it
' Compressed.
sells at little more than the price of Western. To-day the market
Liverpool. By cable from Liverpool, we have the following;
was dull, with No. 2 mixed selling at 70c. for February and
•tatemenf, of the week's sales, stocks, &e., at that port:
^Ti%<i.for May. U^e was more active early in the wtek for

Uverpool, steam d. Bjaa 14

3l6»'4

Sis®"*

—

i

jANCARt

IHK CHKUMiXK

14, I883.J

U9

Dvaama Cotto5 Ooodb.—The exporta of domeatioa for (be
Buckwheat is dull and lower. Barky haa been in better week ending January 10 were 2,4i)7 package* (inclading I,7i7
demand, but the advance aiiked han still kept busioess within to China, 205 to IT. 8 of C •lombia, 82 to Venexuxla, Ti Ut Mnxieo,
71 to llayti, 70 to Uruguay, &e.). and Num« fair ord>-r« were
narrow limits, and to-day the business was trifling.
placed with agents for g<H^t to be made
Tb^re wa< » modeOnt.i, though varying somewhat from day to day, show very
Current supplies are quite rate demand for bruwo, bloach>*d and colored co'tona by
little change from last Friday.
moderate and well held. To-day the market was deprefsed by jobbers and converters, bat selections were mostly conflned to
export to the Cuntiaent, and prime cargoes sold at 06000^.

free receipts at the West, No. 2

mixed soiling at 49 >6®40!>ic. for

both February and May.

The following are

closing quotations:
Oratn.

flmtr,
Ko. 2 iiprlnK...» bl>l.
No. 2 winter

00» 3 83
3 ftO* 4 13

$."

Winter imi>erniie

4 23(» 4 03

8i>rln(! siiiKirlltie
Bprlni; wlmiit <'.\trM..

4 30
4 74* 5 25
5 S0» tt 50
8 00» 6 50

lOO*

do .KXatidX.^X...
.t .Mlrn. ryinuU.
Winter shliip'K extras.
do XXaudXXZ...
Wl».

5

mixed.

t.7

9142
» 71

00* 5 50
73

Western wlilto...

70
70
75
03
48
50

a 73
9 80
» 97
» smi
« 52»s

Ouru

luoal —

Wi'dteni,

1

Rye

GHOIt 7 75
5 50»
00
4 409 4 83

Barley—
OauartaNo 1....
Canada bright...

White

ftiiperUne..

tiDiir,

White

Com— We«t.

650»900

Boiitlu'rii

Kyu

133 ai 47
K«d winter
Red winter. No. 2 142»4d>144>a

90a 7 35 Oats— MUed

City HliiiipInK extras.
bHKers* and
fiimlly litaiKU
Soul li'ii nblp'K extras.

3 339 3 73
3 75» 3 85
3 253 3 50

Ac

Bran.lvwlne. .*«....

Buckw'l llour.lOOIbs.

—

»

SprtnKPor bus'i

West. mix. No. 2.
Western yellow..

6fl5»6

Pateuta

Wheat-

32

« 71

91 18
91 20
103 91 10

1 10

State, 4-rowcd...
State, 2-rowed...

90
PO

Buckwheat
Barley MaltCanada

9
9

—

92
95

123 9133
100 91 13

State

(From the " lfcu> Turk ProJaet BxehanQe Wetkty.")
Receipts of flour and grain at Western lake and river p^ris
for tke week ending Jan. 7. 1882:

At—

Flotir,

Wlitat,

bb!:
(190 (6».)

6iuA.
(00 Uu.l

44.762
57.330
571
4,235
1,007
21.933

OhlcaKO

Ullwaukee
Toledo
Detroit

aeveland
Louis
Peoria

St.

760

Barley, Jiye,
Oi»<»,
bush,
btish.
bush.
(32 lbs.) (48 lbs.) (36 Ihi

Cora,
bush.
(56

178.20(1
IS'4,200

71.403
33,530
3,.3.30

78.975
12.323

<6*.)

515,214
19.000
43.336
11.437
10.330
317,500
313.450

)

263,422 179.671 20.693
51.020 80,593 15,500
6.776
9.480
4,7*0
60
10,400
3.000
85..500
73.565
3.000
9,000
77,330 18,700

Doluth
574.272 1,232.277 492,019 372.206 48 273
170.620 805,2511.290,810 480,101303.045 47,862
ports from Dec. 26, 1831, to Jan. 7,
same
Total receipts at
1882, ai compared with the previous three years :
131. 19S

Total

Same time

'81.

Wheat...
Com....

. .

1878-70.

1880-81.

1879-80.

bbls.

238.383

304,911

222,010

211.422

bush.

1.128,160
2.102,620
1.022 007

1.603,801
2.4 6,24/

2,500,659
4,259.87 4
803.726
310.034
132,112

2.034.396

1881-82.

floor

OaU

Barley.

782.9;f9

;i25,670
7.16.872

Rye

100,309

91.8J5

sma 1 parcels of the various grades PrJc-'S ruUd
steady on the inuHt desirable plain and colored cottons, and
stocks are small iu view of the largo demand in sight. White
good.s, pique > and Marseilles and cnxrhet quilts were fairly
active, and further large deliveries were made by agents on
account of former ordiru. Print cloths were quiet, and CIx64'h
were a fraction lower at 4c. less 1 per cent for "s(Mits," and 4c.
less one half percent for "futures to April." but 56xt>0'rt were
steady at 3.)^c. cash because of the liiniti-d supply. Medium
fancy prints and shirtings were rather m'>re active in demand,
and there was a very good business in dr<-ss gingham^*, leading
makes of which are hravily sold ahead. Print-^d piques and
lawns were lightly dealt in, as were cotton dress gjods, but
fancy skin ings met with considerable sale.s.
^ Domestic Wooi.es Goods. ^There was a aomewhat butter
demand for small parcels of light-weight casMimeres and
suitings by the clothing trade, and some fair sales of worsted
and cofton-warp worsted coatings were mad-; t> the sanii clas.4
of buyers. Heavy ras-iimeres are only in moderate supply as
yet, but some fair orders (forfuture delivery) havealready been
placed, and there wa-< an increased busine.ss iu overconiingj',
several makes of which have lately been opened by agents.
Prices of clothing woolens are firmly maintained owing to the
npward tendency of the staple and the limited stocks of goods
on hand. iSuiting flannels continued in steady request, bn^
other flannels and blankets were in light demand, as were
shawls, skirts and worsted dress good-i. Ke itucky j-'ans and
satinets nled quiet and steady. Carpets were fairly active is
jobbers' hands, and prices remain firm. Knit underwear and
hosiery were in moderate demand, and large d-liveries were
made by agents in execution of back orders.
FoREio.v Dry Goods. The general demand for irapartei
goods has continoed light, but thwre was a fair buiine.ss in a
few specialtie.t, such as dre.ss lineiu, embinideries, laces, etc.,
adapted to the wants of manufacturer.H. Sillsv, dress Koodn and
millinery goods were mostly quiet, and housekeeping lin<iut
were in limited request, but steady in price.
relatively

2,l09.2(il

718 938
217,408
111.390

—

5,7893J8
8,100.053
0,03i.09D
The visible supply of grain, comprising the stocks in granary
at the principal points of aecumalatio.T at lake and seaboard
?iorts. and in transit by rail and water, Jan. 7, 1882, was as
Total

i!-.iin ....

5,13i5.19l

Iinportallous of Urr
of dry go>d< at

thl-f p )rt for the w.'ek
1SS2, and since Ja-inary I, a-il the sain; fa<; s
idiag
periods
of
are
1S81.
as follows:
for the cctrai)')

ending Jan.

oUows:
In store at—
Hew York
Do. afloat

(est.)

Albany

Corn,

Oals,

Bartci/,

htuih.

biish.

friurA.

huKh,

4.557.710
574.000
1..300

Buffalo
Ohlca<n>

,.

...^

Milwaukee
Dulutb
Toledo
Detroit
Oivrego..
St. LoulB

Boston
Toronto
Montreal
Phlla<lelphta

Peoria
ludlanaiMills

Kausaa City
Bnltln'.rre
Down Miss'pl

OnraU
7, '82. .
'81
.
'81
.
'81
.
'81
,.
8, '81
.

31,
24,
17,
10,

5.240..M5

528,000
87..-. 00

2.32.035
636.031
3,703,104 5,230.399
1,127.066
5,382
623,000
214.931
1,007,131
21.829
683,393
170.000
140,000
715.625 1,000.840
26.159
450.237
209.007
59.115
118,662
496.306
3 10.345
l;i8.680
26.832
346.600
112,600
158.038
302,277
977,681
1,877.490
0..388

515,423

Tot. Jan.

Deo.
Dec.
Deo.
Dec.
Jan.

Wheal,

1.269,089

362.631
155,000
27.000
16,787
839,322
11,279
22.02

i

33,l9->

155,281
130.52!)

1.913
63,020
110.000
139.208

79.703
220.000
171.00)
306,332
378,9-29

238.811

14,029
32,000

69.383
20,287
286,114
22,903

87„'.59

5,

&

61.8(.0

122,665

u

§i

1

i;
^:

K

*i>
tco
OjO

......

rn

2,268
14.913
36,356

1.1

,x

liihl

il

44,768

17.530.421 16,126,381 2,628,193 2,818 533 1,248,961
17,762,769 16,801.137 2.747,2112.972,274 1,301.723
17,924.617 17.:i82.227 2.734,109 2,892,101 1,317,978
18,246..398 17,932.268 2.589.090 2.834.627 1,323,911
18 503,725 18.399.904 2.719.017 3.124.'265 1,232.011
'28,892,132 16,651,179 3.732,855 3,213,883
846,442

i ij
Uli-iOB
—
*. tr

— i-p;

<••

^

4- CO

c.a

M M
-.»

^•3

vto
O-J

•X

—

1-1

^

^UtCVI

10

-1

S

is<x
<'

ICi.t

.-

--*r

X

"T.

3 «
X
>

X

^

"C

.

.

o

?

:

4

^ MO »i
urt:w*i
^ be*' AlwCC

3

--KOSTM
OCA-

-

;

-.;

ir.

z

^M,0-

^i

r -^

.-:-!

=

10

T

li

X
a 1

^

X

:^ 3: *£

^

iJ»--

?J

cw

10^

>

_

K

-*

t:KMM;-

<

CCi*- <•-«
10^4. 0>,w.

«sr*-"'

^

y

3

•

«)

U

t

ft^

MM

5

CCti-^V^
4*

5

4

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8

^

.'-^I^-J'-I

oe

VI

z

.u

r

-1

Mi:i;*^Ki

A

<«..i-^ !:,.;;

THE DRY GOODS TRADE.

~c.

CX-t

Friday, P. M., Junuary 13, 1882

Xc
.--I^^V

bio

*.

-J"

-"1 V.

.. ~1 -1

a

«
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*.—

9X>

h-.'l5
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a

^

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0»-Vifs>

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OB

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--1

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-1

-vi

^
*

,^

-1
if^

cru
c*.

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*.-•

-1

*w
IfcH.

1 r^
•

o—
-*
'«S

kZ

w^tO..
OtCi*.

T.

—

V

^

b io'vb'u

bi-'-ICoV"

^Citc*.^
t^ c;

»

--I

i:-x = <.

1

i

'

1

Uife

{

^

p-

a^Mso
a-KS-ii

•1

uu

-I

003

d^
•s

10 to

J5

X

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u
X
K;

i.jb.1

UKIOMU

c»

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lC.K.-*>.-

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>,

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s
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4

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C

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1

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c.

15
a.
IS

IC3

V

*-

«..

-i3ijA.i:
S».j.i; J

u .•» -•i3wi:»
ooaix»
a

>-V.bi" —

b
to

-lliWiO

i-b
^*i

>4

li-a
•

> r_

T

^ ^

-KO-JIS-I

*

r,V.^
~,'
_
5
"

T
1

t,

2
a

I

ti 10

rj^^".
to
•a

c
j.a-r,T

of
^S

10

t iT

- it

•i

3

i

CIS

>

->

c;"

cc
5i

3i
Jt

KtClJKIO

ttIS

U

ic

00
"xV-t'o

*

A

:

CD »

-1

ZZU-:-

»—

7i

ta

-1

*.

^

.fon

at this time of the year.

ta-

.

.

r.

1\

(SOIW-.O
llU>ro ^>

T

a

'

n

iiiiil

i

:

:

a X tc Ii

•-'

*j»

py,

»»

:

:

5 -IW
ic-l
O
*-

b> -1 1;

4>

-1
•^

S;

1:
a
T''

^

Mh-

X

J

H

-

"

«

2

£

•X

127,191
18.HOO
7,715

The arrival of a good many package buyers from the South
and Southwest has imparted more animation to the dry goods
trade, and led to a moderately increased bu.sinesa in some
descriptions of goods. The most staple cotton and woolen
fabrics were only in moderate demand, but there was a fairly
active business in ginghams, white g^ds, piqnes, quilta, hosiery, gauze underwear, notions, 4c. Printed calicoes have
also received a fair share of attention, and a few orders were
placed by the clothing trade for heavy cassimerea and overcoatings for future delivery. The jobbing trade has shown
a slight improvement, the distribntion of staple and department goods having been fully as large as ia osaally witnessed

«

1

Pi

:

S

ii

H'tci-'i:.-

11,011

!?

1.

g

117.416
116.000
51.000
9,059
430.755
109,100

13.464
32.781

y39,D25
22.904
3J3.277

^ n

Kyr,
bush.

f>23.O0O

ii<><>d«.

The importations

-•-•
•

^

-I0~l X.-

at«.--io

c..-ii:i.io
^
w ** o
il
w —
-.3

I

s

s

1

THE CHRONICLE.

70

[Vol.

XXXIV.

Financial.

Financial.

Financial.

13ond!s of aSuretyship.
FIDELITY & CASUALTl' C«.

AMERICAN

Gwynne & Day,

OF yETT YORK.

.„„,„.^
|375.0i« 00
280 000 00
100,000 00
Department..
InsuranoB
with
On depoa t
omuTals of Banks. Railroads and 'iransp rtatlon
CompanlrK. .Managers, secretaries and clerKs or
Public Companies, Institutions and Commercial
Arms, can obtain tccurity from this Company at
...et,
Capital 'inVe.tei In U. S.Bond...

moderate

charfres.
*
j
of this Cora|)anT are accepted

Tbe bon.18

the
by *u«
,.

FINANCE COMP'Y,
3 Jk r

NASSAU

ST.,

NEW YORK,

LIBRARY ST., PHILADELPHIA,
PORTLAND BLOCK, CHICAGO.

434

Capital Stock, "T~. - 91,000,000
SOUND INVESTMENT SECURITIES furnished

courts "f the Stnt'i of New York.
Fall Information as to details, rates, &c., can be
obtained on ai<pllcation to head omoe, 187 Broad-

to Corporate

John M. Cranb, Sec'y.
Wm! M. RicnjiRns. Prest.
W. HAHVEY I.ee, Inspector.
Geo.
DmKCTOBs—ueorxe T. Hope.G. 0. Williams, A.
B.

Railroad Companies having lines under construction, and their Bonds purohased or negotiated.

8. Coe, Charles Dennis. J. S. T. Stranahan,
Hull, A. 8. Barnes. S. 8. Chittenden, H. A. Hurlbut
W. G. Low, David Dow». J. D. Vermilye, Alex.

Mitchell, Wro. M. Richards^

Bonds of

Sxiretyship

OFFICERS AND EMPLOYEES HOLDING POSITIONS OF TRUST.

The Guarantee

Co.

OF NORTH AMERICA.

General Manafcer

I

Kdwabd Rawlinqs.

I

KEW YORK

OFFICE:

STKEET.

No. 47 W^IIiLIAm

VThtre all Information and forms may be obtained,
or from the Head Offlee, Montreal, Canada.

The

Company

business of this

la

solely that of

Guarantee.

ALKx.

u. b. bacon,

Clark,

a.

l. r.

bacon.

&

Bacon,
BANKERS AND BROKERS,
Clark

FINANCIAL NEGOTIATIONS
States, Counties.

Hny and sell on commission all Securities dealt In
Aew York Stock and the New York Mininfr
BxcbnnKes. Deposits received arid interest allowed

at the

Of) ijalances.

JohnPondib. Bouard Mebtens. Aog. Nathan.

&

Co.,

Bonds & Inrestincnt Securities,
aO EXCHANGE PLACE, NEW YORK.

stocks.

on the London and European

executed
UOrders
arkets.

Geo. H. Prenciss,
So.

17

WALL STREET, NEW YOUK.
GAS STOCKS

WILL CONDUCT THE

ANT)

8TBEET BAILBOAD STOCKS AND BO.VDh

Sm'KIT(3..>i

DEALT IN
8KB OA8 QUOT ATIONS IN THIS HAPEHl.
SECVRITT
THY EXCHANCiE. REGIS(LIMITED.)

NEW

STREET,

This Rxchanfie

WILL BUY OR SELL DEFAULTED BONDS

Tni.1t

JOHN

SHORT, President.
NEW. Vice-President.
WATSON, Sec'y and Treas.

C.
C.

jrOHN

WOT. P.

JOHN

Qeobob stabk.

George Stark

&

JOHN

L.

s'^r.Tary

lNTESTin£.\T SECLRITIES.

always

assortment

of

desirable

bonds

Buy and sell Inveatment Securities for cash or on
commlasion. A specialty made of Western Farm
MortgaKes bearing from 7 to 10 per cent Interest.
Will undertake the neKotiation of loans up^n
Western City property in lar^e or small amounts.

W. W.

Solicitor

and Attorney.

Practices in the District, Circuit and Supreme
Courts of the United States and of the State. In
ail classes of cases, lias no other business, and devotes his personal attention and all his time eaxlutivety to his profession. Refers to Bank of Monroe.

COMMISSION.

LOCAL STOCKS,
mCNICIPAL BONDS.
CAS »eci;ri'iies,
COURT STREET,

16

31

PINE STREET

New

Brooklyn.

&

Wierum,

'

No,

E. Trowbridge,

BA2^KER AND BROKER,
5 BROAD OR 27 WAI.1. STREET,

NKW

6

Member

YORK.

of the N. Y. Stock Exchange.
Branch Of-pice:

BATEMAN ifc CO., WASHINUTON. D, C
A
General Banklus Basiocsa Transacted.
Indianapolis, Ind., and Atlanta, Ga.

STOCKS

BONDS

and

At Auction.
The Undersigned hold
of

REGULAR AUCTfCN

aU

clibsses of

&TOCKS ANn

BO!Vi).*«

ox

Securities bought
or on miirKin,

R.

II.

MULKER

PINE STREET.

No. 7

A. SO^
NKW YORK.

Uncurrent

Securities

a

Kimball

J.

NKW YORK

w. Cecil,
Member N.Y. Stock

CINCINNATI, O.:
Thomas.

^V. P.

Ex.

W. M. WlLSHIKI.

M. Zl&lMEUMAN.

ORDERS AND CORRESPONDENCE PROMPTLY
ATTENDED TO.

JAMES KITCHEN,
Clpnnty, City

International

& Town Boadsot West. States.

Improvement

Grant Beads.

Mtrj^
\VM. R. UTI,1EV.

I'lNM

8TRKET,CNKW YORK

D. Probst & Co.,
STOCK AND BOND BROKERS

«6

W.

Beasley

&

Co.,

BBOADWAr, NEW YORK.

No. 52

69

WEST THIRD

ST.,

CINCINNATI, O.
c. McKeak

w.

Joseph P. Llovd.

Meotber of N.Y. Steele Kxcb'tr*

&

Lloyd
34

McKeaii,
NEW \'ORK.

AVALL STREET,

Buy and sell— on commission—Government, Rail
way and Miscellaneous Securities. Receive depostti
Subject to check, and allow interest on balaneeB.

N. T.

Beers, Jr.,

liroolilyn Securities, City

Bonds.

Gas Stocks, &c..

KXCUANQK PLACK, NKW lORK.

Stocks, rait.hoad Bonds, GoTERNMEWTa
ani>
MIBCELLASIOUIJ BICUEITIKS BOUGHT AM) SoLD

& Co.

BANKERS AND BROKERS,
»4 BROADWAY, NEW YORK.

Co. Subscriptions

»->"""»•
Brooklyn Kkvutctl RK. Securities.
American Cable Co. Subscriptloos.
Midland Railroad of N. J. Securities.
Chloago i Gnind Trunk RU. Securities.

1^0. 31

Cecil, Zimmerman

70 Cedar St.

J\\ Isconsin Central Rit. Old Land
St. .loscph
Western ItK. Stock.
St. Joseph
Puciflc RK. Bonds.
City of St. Joseph Mo.. Old Bonds.

Co.,

Thirteen Years' Membership in New Yorit Stock
Kxclianse.
R.J. Kimball, A. B. Louksbery. F. E. Ballahd
Members of N. Y. Stoclc ExchunEe.

Geo.

Specialty.

&

BANKERS AND BROKERS,
No. 25 Nasnau Street, New Y'oik.

WEDNESDAYS AND SATLKDAFS.

4>»KIAK

and sold on commission for cash

Advances made on approved collateral at the
market rate.
Deposits received subject to check at sijitht.
4 per cent interest allowed on all daily btUtinces.
Orders executed at London, San Francisco, Boston, Philitdelphia and Bflltiniore Exchiink'cs.
P. S.— My New York Weekly Kinanclal Iteport la
mailed free of chartre on apDlicttlon.

J.

A.

Yoiik.

50 EXCHANGE PLACE,
Broilers in Railroad Stocks and Bonds,
GOVERNMENTS i FOREIGN EXCHANGE.
CHAS. K. RANDALL,
OTTO C. WlKRUM.
Member N. Y. Stock Exchan(:e.

PBR CENT,
SOUTHERN 8 PEK OENT,
WRITE
FRANCIS !»IHITII,

solicited.

ADDRESS:

AND BONDS BOUGHT AND SOLD ON

STOCKS

F.

Mortgage Loans,

"-llKllt by

,

6«

FOR CHOICE
INDIANA

Co.,

BANKERS AND BROKERS,
BROADWAY AND 19 NEW STREST,
KEW TORK.

Randall

Farmer,

MONROE, LOUISIANA.
Counselor,

Kohn &

Glazier,

Frank B. Beers,

8.)Uth Carolina
Securities
Urund Kapids.>( Inaiiina Kit. Stocl:
Cincinnati lUclinioiid & Fort Wiiyiio

hand.

Correspondence

CO.MMBRCIAL PAPER NEOOTIATKIl.

Co,,

UK

in

New York.

54 IVall Street,

STOCKS AND BONDS BOUGHT AND SOLD ON
COMMISSION.

1881.

Hu HSO\.

Co.,

BANKERS AND BROKERS.

Stabs.

NASSAU STREET, NEW YORK.

&
&

An

F.

BANKERS,
No. 33

will

Company.

or

convert them into interest-paying investments.
Circulars and other Information furnished on ap-

NEW YORK.

be opened on and nfipr
nUliSDAY, Dec. 1, 18M, from» A. M.to JP M
for dealings under the co-oiieratlve contract system, in all active l-tocks. Investment unu LnlWod
securities, on a margin of one or more per cent as
agreed upon between busorsnnd sellers direct and
St a rcdiici-d eil.c^nso for brokomKe. Cntracts for
not IMS thi.n loo shurcs. Marums depo.ilted in

&

Sand Brothers

for

FINANCIAL RB-OR-

to.

Theo. V. Sand.
John Sickbls.
Max K. Sand, Member N. Y. Stock Kxon.

and for Railroad

4c

INroUPOIlATED,

40

Interest allowed on deposits.
Investments carefully attended

ITIBS on Commission.

BALES

AND AU. KINDK Ot

INVESTMENT

conducted

securities.

WILL BUY AND SELL INVESTMENT SECDR-

«AS SECVKITIKS.
HROOULVX

Cities,

ANIZATION of Railroad Compan'es and other
corporations whose property is in the hands of
Receivers or Trustees.

3 Pine Street, Neir Ifork.

Pondir

Towns and

for

!«treei,

Transact a Keueral banklni; and brokerase business in Railway Shares and Bonds and Oovernment

plication.

270,000
320,000
200,000

Caah capital
Cash assets over
Deposit at Albany
President

CAPITAL FURNISHED OB PROCURBD

Companies and other Corporations.

FOR

8IB ALcx. T. Oalt.

and Private Investors.

No. 45 Wall

[EstabUsiied 1854.]

No.

1

NEW
NBW

STttEET,

YORK.

jAjnuxT

THE CHKONICLK

14, 1888.J

Bank Statomonts.
Bunk StutoiiicnUt
Bank MatcmeDta.
OF THE r»M>ITI<»N «»F THK RepAkt of the coni)ition of the •REPORT OF
DirOHT
THE r'OM>ITH>.S OP THE
AMEKItlAN K.^euXiluk NATIONAI. IV.1IKRCANTILK
NKVV YOllli.
KRaNK of Ni'W
BANK
Yiirk Cltv.
Suite
Now BANK,
New York, In the Mtate of New York, at New v,,rk. In the State NATIONAI,
A>»'i'liillon,
of
York, at the cli«e
IHHl
the close of
\.iii..ri,il

the

iit

cI«'9C

1)11!*Iih'sh

t>on<l!4 iiikI
nihor ii»tl<tiia)

fit. .(•!;».

Duo

-

at

M

niortffng««

UeaiinK House
B1II3 i>i othiT bnaki
Frart'l im[>ur ourrenoj, nlokeU &o«nta
KK'hiuiKt'o fur

llSt.OOO l>0

'londsand mortffsires
1'
"rnatlonal banks
I'
"ebanksand bankers
Ileal est .lie. furniture and Hzture*
Current expenses and taxes paid ..
beets and other cash Items
Kxehnnups for Clearing House
Bills of uthor banks

'tO

0UH.{>7U

:)U

00
00
OU

*l

TA UH
1.7W..'ww

(HI

820.400 00

-

I'
(*'

24,750 00

LUBIUTIU.

i<t<ick

8url>lU!i

fund

fS.OOO.OOO 00
800.000 00

paid In

ta
40S.(XKI 00

Umllvl.lfil prolll.H

17:i..')7(l

uutstandinc

Nntloiiiilbiiiik imtus

e.0«2 10
34
SO
18.&S(l.oa(l 2»
S,V4;t.41» 03
l.o-.27,:iOO 3J

Miwnlil
<lf»»ulijpct tooheok...

Dlvl.l.'tiil-

0.7(l!l.i»:t
.hsi.wi:)

'

•

Dl.in

I

of deposit

!.•»

Oert
ional bluikH

I)u.-

luutticrbauka and bankers

$30,101,888 86
Total
State of New York. County of New York, •»;
1, CiiAs. M. Frv, rresirtent of the Bank of
Haw York. Nutlonul Bunkln^i Association, do 00.•mnly swear that the above ittatoraent Is true to

tkobastof

my

knowledKO and

belief.

CUAS. M. FUY, President.
Sub'crlbed and »worn ti> before mo this Oth day
AssON r. UiBsiv,
of January. Hitvi.
N.>tary Public, New York County,
Correct— Attett
II.

IjAIDI.AW.

B.

1,31:1.9X1

8pecle

I

boiuN to siecnrc circulation
Other «lo<ks. bonds and raortRaAes
Due fn.ni ..tliernntlonal banks
Due fr.'tii State banks and bankers
Keal e-tate. furniture and fixtures
Cheeks atiU other cash Icetn.s
8.

Kxohaiitfes for ClearinK Uouse
nilsof other l)ank»
Fractional paper currency, nickels and
pennies
Specie
l««al-tender notes
Kedempt'on fund with U. 8. Treasurer (5 i>crcent of circulation)

44

8.rt07.'«« *0

3<I3,8U 00
112.405 00

t89,lb5,103 67

Total

I.LA8IUTIB8.
$3,000.0«0 00
1.20O.00O 00
Surplus fund
2.ii(9.90« 00
Malhmal bank notes outstanding
Olvldeii.ls unpaid
115.074 00
IndlvLitiial deposits subject to cbeck... 11.4lli.>il0 16
4iP.yiS oa
Demand c-.-rtlBcatcs of deposit
3,977,'(K1 70
CertifletUbecks

Capital stock paid In

Cashier's checks outstanding
Due toother national banks
Bue to State banks and bankers

21il.^0J

lr8

8,396,060 52
S,2i!7,i66 21

»20,l«,108 67
Total
State of New York. County of New York, fs
I, Uko. J. McOouRKXY. Cashier of the aborenamed bank, do solemnly swear that the above
itatemeut Is true to the best <if ray knowledge and

GBO.

belief.

J.

MrttOURKKV.Ca.shler.

Subscribed and sworn to before me this llth day
W. U. Co.v.NKl.I..
ot January. 1*C
Notary Public. .N. Y. County.
Correct— Attest
:

WILLIAM II. l.KB.
SAMUtSL SUETHaR,
ISAAC

H.

)

Dlrecters.

^

BAILKY,

)

OF THE COXOITION OF TUB
REPORT
t'<»NTl.NENTAI. XATION.IL BANK, at

Viirk. in the Slate of New
blisincss. 31st Dooember. lH.il

New

(5.517,213 90
4 90
84S.0O0 00

Orerdmfts.
U. S. bonds to secure circulation
U. P. bonrls on hand
Other' VI <M-ks. bonds and mortRsges.
'' -- Tiatlonal
Duf
hanks
Duiinks and l)ankei*s ....
'i^ure

U-iil
111

01
Tax.'
Prei'
<'hf. K-

te

aii.l

lo.lKIO

M

8J.230 00

IlKture^—
tS'O.OOa 00
200.000

00—

5«5.0OO 00
1K,S91 86
47.302 06
9.753 09
ll,S33.t-7;> OS
6,:62 00

iL.-r cash Items
tor Clearing House
.iher lianks
FractliTiat paper currency, nlokelsand
pennies
Specie
liagal-tender notes
Beaemptlon fund with U. 8. Treasurer (5 per cent of circulation)
;l

00

•ia.uM IS
2.0.M!1H

1

Krehanfis
Bills of

12 87
1.507,474 80

170,165 00

33.160 00

LLABIUTIKS.

74

_

Undivided

$1 .000,000 00
200,000 00
94,782
1V3.200 00
8,19S 50
Individual deposits subject to check.
4,,111.314 OS
Demand certlllcates of deposit
0.602 81
c
CertiH.MUlieiks
10,,729,1101 71
Cashier's cheeks outslandlnie
8«,7»7 SB
Doe to elher national banks
2.,719,153 OS
Due to State banks and bonkers
1 ,175,388 83

m

Undivided proHU
Math inal bank notee ontstandlns
Dividends unpaid

.

Total
421.132,200 74
State *)f New York, t^ounty of New York, ss;
I, Fitcn'K Taylor. Cashier of the above-named
bonk, do solemnly swear that the above statement
Is true to the best of my knowlcdKe and belief.
FKKIJ'K TaYIX)R. Cashier.
Subscribed and sworn to before me this llth day
of January 1888.
AI.F'd U. TIMP80.V.
Correct— Attest
Notary Public. New York Co.
:

HENRY M. TABiR,
W. D. MORGAN.
S Dlrecton.
BDMUMD D. ltAND0LPH,5
)

48,000 00

$SJM8,88« 88
$1,000,000
144.800
27.648
800.000

_

proflts

unpaid

liiviilenils

ISO.027

00
00
48
00
00

Individual deposits subject to check
$2,505.48 '82
Demand otfs. of deposit.
3.833 74
Certlfled checks
21.3.510 89
Cashier's chocks outsfd'g
183.687 94
1

Due toother nat'l banks.
Due to State b'ks & b'k'rs.

2,759,585 46
1,834,581 8'- '7.860,««4 80

Total
State of New Vork, Connty of
I,

William

$9Ji««,884 68

New

York,

o

:

p. St. Joii.v, r:ashler of the above-

naired bank, do solemnly swear that the above
is true to the best of mv knowledge and
bd'ef.
WM. P. ST. John, cashier.
S'lbscribed and sworn to before me this 9th day of
January. 1882.
V. A. K. BRYAN.
Notary Public. N. Y. CeuDtr.
C irrect— Attest
GKOROR H. SARGKNT. /
CHAS. P. BURDETT, (Director!.

statement

Directors.

(»F

THE

ISAAC

REPI :B>

UBSOUUCK3.
Loans and discount

$4,325,502 30
20 77

Over.lraft8

U.S.bondstoseeurocirculation
Other stocks, bonds and mort^'tlKes
Due Irom other national banks
DuefrouiState biuiks and bunkers
Real estate, lurnitiire and Hxturea
Current expenses and taxes paid
Checks and other cash Items
KxchiinKes for (Moarlng House
Bills of other banks
Fmctlonal paper currency, nickels and
pennies

501,142 14
2(1.657 03
31:).9«7 97
43.684 25
52.923 83
6,248,7i0 05
32,688 00

per cent of circulation)
V. 8. Treasurer other
5 per ceut redemption fund

&

Holt,

BANKERS.

STREET, NEW YOKK.
TRANSACT a GBNBKAL BANEINO business.
DEPOSITS

INTERBST

received and

allowed on

balances.

Buy and

sell

GOVBRNMENT. MUNiaPAL and

RAILROAB bonds.

56,250 00

|5

)

WALL

No. 10

112 06
730,698 95
131,020 00

tendernotes
Redemption fund with U.S. Treasurer
Let'ii

Due from

Taintor

1,250,000 00
116.000 Otl

Specie

WALUCH.

financial.

:

Priv ite telegraph wires to Providence and Boston

than
1,700 00

G. E.

TAINTOR.

GEO. U.

HOLT

$13,831,243 35

Total

STANTON,

LIABILITIES.
Capital stock paid In

$1,600,000
300.000
RS8.364
1,125,000
13,005
2,318.549

Surplus fund
Untllvided proflts
Mitional bank notes outstanding
....
Dividends unpaid
Individual lieposits subject to check..
Demand crtiflcates of deposit
CertlUed chocks
Cashier's checks outstanding
Due to other nation il banks
Due to State banks and bankers

;I7.0-14

6,033,491

328,493
955,804
650,889

00
00
97
00
00
71
3e
Z5
85
44
80

S.

T.

DEALER IN
American Cablo Construction Compan/,
Contlneatal Conatt uctiOn and Improremeot Co.,
North River Construction Companri
Ohio Central Subscriptions.
Uiclimond k We t Pt. Terminal Jt W'bouslng Co.
Now Vork, Clilca^^o & St. Lnuts Sabscrlptlon, and

{13,831,213 3J
T..ta)
State of New York, County of New York, ss
I, K. H. ITLLE.^i, Cashier of the above-nam d
bank, do solemnlyswear that the above statement
is true to the best of my knowledge and belief.
B. II. Pl'LLKN, Cashier.
Subscribed and sworn to before rae this 7th day of

all

otber quotable Construrtlon Stocks.

:

BASEMKN r.

Correct— Attest

1

J AS. B.

JOHNSTON,

I

I10MA8 T. BUOKLKY.J
H. w. roiiD,
>
I

Directors.

Ko. 31

ness

the State of

December

Now

York, at tUo close of

WALL

fiTREET,

BANKERS AND BROKERS,

OF THE CONDITION OF THE
REPORT
MARINE NATIONAIi BANK, at the City
In

B. KCXDAi.I..

N. B. SanuoRN,
Notary l*ub:ic. Kings Co.
Cen ideate d'e In N. Y. Co.

January, 1SS2.

and

Wm.

Ww. D. llATCn,
Member N. Y. Stock £xch.

Refer to Messrs. FiSK k IlATCn.

bitsl-

31. 18H1

W.

Ri:SUUUCK8,
Loans and discounts
Overdrafts
U. S. bonds to secure ciroulutinn
Other stocks, bonds and mortgages. ..
Due from other national banks
Due from State banks and bankers...
Real estate, furniture and flxtures....
Checks and •therciusb items

$3,529,120 Ifl
4.535 96
50.00(1

92
206.050 00
65,4**7 50
599.500 36
81.502 00

j

Floyd- Jones

158 09

pennies
Specie
Legal tender notes
Redemption fund with U. S. Treasurer (5 per cent of circulation)

785.198 96
87,470 00
2,250 00

ToUl

$8,617,017 72

Surplus fund
Undivided pniHts
National bank notes outstanding
Dividends unpaid
Individual deposlU subject to check.
Demand certlHcates of deposit
Certlfled chocks

lOu.OOO
17.404
45.00U
16 488
4,000,911

00
66
00
88

174.si|8

82

HI

296.816 30
11.694 '7
816.6.16 Hs
207.383 81

Cashier's checksoutstanding
Due to other national banks
Due to State bunks and bankers

Total
$9,617,017 72
State of .New York. County of New York, ss
I, John D. Ki.sii. <'asbler of
(he above-named
bank, do solemnly swear that the above statement
Is true to the best of my knowledge and belief.
JOHN D. FISH. Cashier.
Subscribed and sworn to before roe this 9tb day
HERMAN E. STREtT.
of January. 1882.
Notarv Public. Kings Co.
Correct— Attest
.-

'

AMA8A

II.

SCOVlt,LB,)

}

i

EXCHANGE COURT.

No. 3

Bonds and all Invcstmont 8«oarltle»
bouKht and sold [strictlT on commission] fur cash
or on margin.

Fred H. Smith,

BANKER AND BROKER,
No. 20

BROAD STREET, KKW YORK.
8KCt7RITIBJ«

KAILKOAU

'An Intimate knowledge of

all

for the past lOTaart)

A gPBCI ALTT.
Investors or Dealers wlahlnir to buy or sell ar^
invited to communicate.
State. Municipal ao^
Itallway Bonds and Coupons bought and sold at bee&
Martlet Ratew.

P.

W.

Gallaudet

&

Co.,

BANKERS,
VyiTBD BAKK BVILDTSO,
WALL HTREET, COR. BROADWAT.
STOCKS, BONDS A COHMEKCIAL PAPER.
Stocks and Bonds bouRbt and sold on commlaston
St N. Y. Stock

oirecton.

Robi.on^

Stocks,

$400000 00

Capital Stock paid In

&

BANKEKS AND BROKERS,

15.0117

Kxchanges for Clearing House
Bills of oilier banks

AMBR08B SNOW,
JAMES B. SMIXil,

WlLI.IAM IIOIUBU!«,
C. rLOyil-.)OXK9
Members 01 the N. T. Stock Exchange

I

00

31. ,00 Oti
20s. 230 l»

LIABILITIES.

Capital Stock paid In

Surplus fund

00—

8,000

National bank notes outstundlof

COE.

Fractional paper currency, nickels and

^1 13«,200

Total

other

redompt'n fund

Lie, at New Y'ork. In the State of New York, at the
ctosd of business, December 31, 1881

York, at the close of

iir-sonicKs.
IjOansand discounts

p.c.

8. Treas..

:

$10.4S9.0S9 01
8,417 19
Z.SOO.OOO 00
°1.132.5n 01
1,5-7.996 «7
8:W.55i ^i
t'5JI.47l 45
7H.141 4.S
D.OlT.liOO 57
10.003 00
1.34:1

01

Treasurer

B.

per cent of circulatlonl. $40,000 00

Capital stock paid In
Surplus fund

76
50
53
51

.

J

S7

43— 8J«I,600

LIABILITIU.

DUMONT

LANtJI.rcY.

M
««

Total

CLARKE, Cashier.
Subscribed and sworn to before me this loth day
Of Jan., ISSi. Witness my hand and notarial sea
A. K. RouuKRS. Notary Public.
Correct.- Attest
MAKTI.-H BATU3,

at New Vcirk City. In the State of .New Vork. at the
alosc uf business December 31, IHSl

U.

$8MM
10.040

Due from U.

00
00
09
00
00
99

00

781, 844 44

State banks and

Redemption fund with U.

T tal
$28,488,292 38
cof New York, City and Countyof New York, m;
1. Df.MONT CI. AUKK. Cashier of the above-named
bank, do solemnly swe:ir that the above statement
Is true to the best of niy knowledge and belief.

OF THE CONDITION"
OF TIIF. t'OMHTlOX OF THE REPORT
RKPOKT
X.VTIONAIy KANK OF THE
>ii-;tuopoi,ita.n nati<).\ai. hank,
'.

Due from

Sl«

S.
C.

)0,8M

48M8

It other cash Items
Kieh's for aear'g House.
Dun from other nat. b'nks

than 5

$6,000,000
1,260,000
Undlvldod profits
292,606
State bank notes oui standing
6,817
Dividends un;,uld
16,027
Individual iloposlts subject to check.. 10,197,162
Horn. in certltlcitesof deposit
157,!)32
Cerllfleil ehc -k*
4,030,820
Due t'l uthernatlonal banks
4,076.681
Due to Slate banks and bankers
1,498,242

Surplus fund

WM.

8:17,700

Cheeks

(5

GEO.

$1,810,800 18

lAisal'tender notes
Bills of other banks ....

bankers

LIAIIIl.iriK8.
Capital stock paid In

t

8W.0CO I
«»JMO 14
2IHJ»8 47
26.412 S*

Premiums paid

Specie

126,488,292 98

)

Orerdraft'"

M

40,000 00

Total

OIKTAV AMSINCK, J Directors.
ANSON W. UEARO, )

RBSOUKCCtf
Loans and dlsconnts

U. H. bonds to secure circulation
other stocks, bonds and mortgages
Heal estate, furniture and a.xtures

8,678,996 12
406,000 00

tender notes
8. Treasurer 10 her than

5 per cent of redemption fund) ....

•8,86H,iS4
V,l»4

Overdrafts

207.902 18
849.032 24
16,248 84
fi08.045 00
7,816,387 19
141,935 00

..

>

Li-ttai

42

BO.OOO OO
35,012 02

...

I

tao,IOt,l»S 8«

OkDttal

hand

n

Duo from U.

R«deniptt(m fund with U. 8. Traiwurer
(ftpcrccntof olrcullllloo)
Tutal

11,703

"-

'

December 31. I.hhI
uKaoDRcce.
Loans and dlMonnta

of burliness

$18,800,978 74

Overdrnfts

3H,V06
«Kl,000
ie.S«S.tOS
140.178

BpooliL«(ral tonilcr noto«

(MurilCCS.
Loans and disoounts

44
Mi.UOO 00
V.00>

.

business, Sisi December, 1881

:

1!..'K»

froin
tmnkR
othur bnnka and banksn....
R«nl.'^tue

Dub

'M,

tS.TlO.ISU

I>iii> iroiit

Iniliv'

__

(.f

Dccombtfr
luraouHCEs.

of

lAmat»a<i dl*aoonU
OTprJrafts
II. S. bonila toKprurc rlrculKtIoD
U.S. I.i.iuli. i.ii Imml
Otln-r

llitnklriK

In llir

lit

York,

Exobansa.

Advances made on biulnaea paper and other

••eariller

THE CHRONICLE.

Tl

'

&

No». 81 and 35

Bought anfl Sold on Commission.
Tiroinia Tcur-Keceimt-le Coi'iKins Un-ught.

STREET, NEW YORK.
DEALER IN ALL KINDS OF

Railroad and Investment Securities.
Southern Securities a S pecialty.
Hk.sbt C. Tinkeb
FoRDYCE D. Barker,
Member N. Y. Stock Exchange.

WBITELT, H. CRUOER OAKLEY
LOGAN. MAYXAUn C. EfBE.

I".

\V. R. TltAVEHS, Special Partner.

31

&-

Excnan ge.

Oilman, Son

^

ai

63

NOYES,

NASSAU STREET,
dealeb

and

sell

AND
MISCEI.T>AXEOIJ8 SECIJUtTIES.
PitEU. A. IIUOW'N,

Walston H. Brown & Bro.
11

York.

TIATION OF

RAILROAD SECURITIES.

Bailey

S.
7

,.

22d Street.
Buy and sell on commission, for Investment or on
margin, all securities dealt in at the New York
Stock Exchange.
CnBTis.
T.
C. I. Hudson,
R. R. Lear
Member N.Y. Stock txch.

&

Olliffe

BP.OADWAY &

CORNELIUS W. OLLIFFK,
Member of

P.

&

A.

_
Boonv,

P. O.

Box

c.

I.KI.ANI).

BANKERS
ASD

comnissioN itibrchants,
AMSTERDAM, HOLIxAND
N. Y. Correspondents— Messrs.

OF

.

W. McLr.LLAN. Jr.
Si LTOXnTAI.I..

BROKERS,

GEORGE

(LIMITED).

NEW YORK

BROADWAY,

Cankers.

P. N.

ESTABLI8ED ISM.
Pald-np Capital, 3«,000,UOO Florin*.
($14,400,000, Gold.);
Execute orders for the purchase or sale of MerchanBonds. Stocks, and oUier securities, in the
United States. Europe and the East make Collections
buy and sell Foreign Exchange, and give advances
upon MerchaudlBe for Export.

N»w

A N

i:

S

S. CARTER,
BTANTOX BLAKE.
HENRY E. HAWLEY,

YORK. January

Office,

Agenu

1

tor

f
S

America

1, IS79.

142 Pearl

Street,

New

York.

.

Tnonet » General Bankinii Business, loclodlL.,
the purchase and sale of STOCKS and BONDS for
etsfa or on mKrgin.
and Sell InTeiitnient SecnrltleB,

Bur

^6,000, ODD.
1,700,000.

Ciiiiadiaii Uaiiltcrs.

A«ENCT OF

Ba n

THfi

k

or

British

North America,

No. 63

WALL STREET.

Buy and sell Sterling Exchange and Cable Tr»n»fers. Issue demand drafts on Scotland and Ireland
on Canada, British Colombia, Portland, Oregon,
San Francisco and Chicago.
Bills colle«t«d and other banking business traosalso

VfTAvisn, {.„„,,
MUd,
W. LAWSON,
Hong Kong & Shanghai ^^
Gzowski & Buchan,
BANKING CORPORATION.
n. A.

BAJTKBBa AHD

READ

OFFICE,

BOKO KONO.

^''5?. ?°''P°''"l°S K™"' Drafts, Issue Letters of
Srfi21C°/H?f^.°^„^^i;!«'?.';W''!?."g?»"»'eo'co'lect

P O. BOX S.M7

A.U. KISOIB. WAn.ANn TiiAac.
W. C HUiL,

-

-

t

WALL STREET,
New York.
H.

J.

M0B8I

St.

A. CJo.

IGNATX STEINUART. i*"*"***"LILIENTHAL. (ilshier.

OP HOLLAND,

OLlVEIl

W. Selunnan

Transact a general banking business. Issue Conjmerclal credits and Bills of Exchange, available In
all parts of the world. Collections aud orders .'or
Bonds, Stocks, etc., executed upon the most favorFRKD'K F. LOW,
Ikbleterms.
l vfaniureni

N>t!tc!!an!j Tradi.-ij Society

.

A.

Authorized Capital, •
Paid up aud Keoerve,

Handel-Maatschappij,

'Ot.

Agents, J.

BOSTON <3orre«i>oud't9, Ma«»achnsetts N. B'k.

YORK.

CITY RAILRUAll STOCKS & BONUS
BOUOUT AND SOLO.

The

Agent.

LONDON, Head OSce, 3 Angcl Court.
ISAN FRANCISCO Office, 4« California

L. Grant,
NEW

BRANDER,
THE

Interest allowed on daily balances.
by mail or tele-

H.

L.

St.

BONDS,

S.

Anglo-Californian Bank

;

No. 18

INVESTED IN U.
$4,000,000 GOLD.

ISSUES Commercial and Travelers' CreditSjavall"
able In any part ot the world. Draws Exchange,
Foreign and Inland, and makes Transfers of Moneyb y Telegraph and Cable.

dise.

C^K Co.
R
K

SAN FRANCISCO.
York Ageiiey, 62 Wall

Xew

4.ND

Rlake Boos. A Co

The Nevada Bank

BROADWAY. N~W YORK.

No. 145

447.

V. O.

Adolph Boissevain & Co.

SURPLUS,

Nederlandsche

KCBBEN

CO.,
Agents for North America,
18 WALL STREET, NEW YORK.
98 STATE STREET. BOSTON'

N. Y. Stock Exchange.

Walker,

Corei^'ii

_
n.

Issne commercial credits, make advances on ship
ments of staple merchandise, and transact other

N- Y. Stock Exchange.

Member of

See quotations of City Railroads In this paper

BA N K EKS

AMSTERDAM.

Caliloniia Baiilis.

No. 13

Buy and Sell on Commission, for cash or oh marpin, utl Securities dealt in Ht the New York Stock

A SPECIALTY.

Bronilivny, cor. Kxcliange PInce. N. Y-

IN

Batavta, Soerabaya and Samarang
Correspondents In Padang.)

SCH.MIDT,

Rutter
BANKEIRS

Stocks

Branch OOice, 1^8 I.n Salle St., Chicago.
TRANSACT A GKNEHAL liANKINU BUSINESS.
INCLUDING THK l-UKCUASE AND SAI.K Of
STOCKS A.ND BONDS fOK CASH OK 5n MAK'•'''' INVKSTMENT SECURISJSi
TIES. "VJm^.'^i'^
INTEREST ALLOWED ON DEPOSITS
"'""'"^ =
BlIBJBCT TO CHECK AT SIGHT.

.

ii.

I'arliculur attention iMiiU to orders

Cueh raid at onco for tho above Securities; or
her wi.i v-H M>ld en ooniniiHMion. at seller's uptim..

38

BEAD OFFICE

Schmidt,

NEW ST.,
BROKERS FOR THE PURCHASE AND
SALE OF RAILROAD SECURITIES.
No. 72

IJeulii:;:s in

Insurance

Secretary.

Established in 1883.
Capital, 12,000,000 Gnllderv,
($4,800,000 Gold.)

Agencies

H

ExclmnRe.

PINE STREET.

oftice.

AinSTERDAIU, HOL L'A N D

Branch OfSce and Private Wire

"Cumberland," Broadway and

at the

No. SO

E.

the

Nederlandsch Indische
Handelsbank,

W. N. WALKER.
C. M. RrTTER,
Member of N. Y. stock Exchange.

THE NEGO-

flPBCIAL ATTENTION fllVRN TO

at

PRIDEAUX SELBV,

cecurl-

Co.,
C. L Hudson
EXCHANGE COURT, NEW YORK,

EDMUND

BANKERS,
Pine Mrect, New

oB

at interest for fixed periods

terms which may be ascertained

ULAKE BROTHERS &

Government Bonds and Investment

Citj andoUicr Railroad Stocks & Bonds

buowx.

London

received in

business of a financial character in connectloa with
the trade with the Dutch East Indies.

BANKERS,
CEDAR STREET.

&

3

TRUST COJIPANYS' STOCKS.

h.

Co,,

1835.)

London, Encland.

le«.

NEW YORK,

in

CIS STOCKS A>» BO\»S,
TELEGRAPH STOCKS,

WALSTOX

&

St.,

Reserve lunds) £441,080.
Letters of Credit and Drafts Issued on the 87
branches of I he Bank in the Colonies of Queensland,
New South Wales, Victoria, Soutli Australia, Tasmania, and New Zealand. Bills negotiated or sent for
Collection. Telegraphic transfers made. Deposits

In addition to a General Banking Business. buj

ilaveo.

C.

4 Tlircndnecdlc

PAID-UP CAPITAL, il.JOO.OOO.
UNDIVIDED PROFITS (Including Guarantee and

Boston, Bridgeport

<on, Baltimore, Washington,

WM.

No.

Pald-Up

STOCK BROKERS,
33 BROAD STREET, NEW YORK.
ROOM 8.

on commission, for Investment or on
Buy and
margin, ail securities dealt In at the New York Stock

(Branch Office, 180 FinU Avenue).
All classes of Kailwiy and Mining Stoclts bought
«n<i sold on Commission.
•„,
.,
,
, .
Prirate Telcgrapli Wires to Philaflelplita, Wilmtag-

New

Tinker,

Australasia,

(INCORPORATED

sell

Prince & Whitely,
Wo 64 BROADWAY, NEW YORK,

toitd

&

Barker

e»ufB£ILS SECLJIITIFS A SPKCIALIY.
LOANS NKGOTIATED.
IKTEUEST ALLOWED O.V DEPOStTS.
J D. PRINCE. .TAS.

WALL

Cor.

WALL

8

No.

JR..

nEALEUS 1»
Vlrst-Class luTestment Sccmrltle*.
COUNTY
^OVEKNMEUT BONDS. STATE. CITY,
BAILEOAUa JIlSCKLLANEOnS SKCtJKITlKB

DREXEL BUILDING.
BROAD STREETS,

Simon Borg,

BCTTnicK, Member of the N. Y. Stock Exch ge

A. Lancaster & Co.,
BANKERS AND BKOKKRS,
•66 BROADWAY, NEW YORK,

Bank of

Day,

UENBY DAY,
WILLIAM LnMMIS,
Members of New York Stock Exchange.

WM. KLI.IMA.V. Memoer of the N.Y. MinmK Bxch'ge

llABUr

Foreign Bankers.

BANKERS AND STOCK BROKERS.

&

XXXIV.

-^^

and

39 Wall St, New York.
BONDS.STOCKS and INVESTMRNTSECURITIBB
BoLgHT and iOLU ON COMMISSION
C. A.

&

Lummis

Elliman,

BANKERS AND BROKERS,
No». 37

-

Financial.

Financial.

Buttrick

IVOL,

J"

CO and London.

A. M.

TOWNSEND,

Agent, 47

WUUam

St,

TORONTO,

STOCK

Agents.

BkOKBBS.

...-...-

CANADA.

Prompt attention given to Collection of Commercial Bills and Canadian Funds on all polntii In Canada; American and Sterling Exchange, and Stocks,
Bonds, etc., bought and sola.
- ..,
„ .. „
Correspondents— Bank of N«w York. New YOJ*
uid AlUanc* Bank, London.

jAlfVART

THE CHRONICLE.

14. 1H83.J

Boston

Canadian Bankers.

Merchants' Bank
OF

I

Aiulruw Allan, Knq.
ItobHrt Andersun,
Jonntlmii KoOksod,
Adulphe MasnuD, Kaq.

Hlr Hiiffh AUiiti,
Boiitor M>ickuriilo, BAq.,
Win. Datllnit, K«q..

• ROKOK UAOUn

WM.

Owon Sound,

InKernoll,

Berlin,
llranipton,

Kincardine, I'erth,

(hat ham,
Ualt.

8t.

Thomas,

I>undon,

Quebec,

Wiitcrldo, O.,

Montreul,

Windsor,
ftonfrew,
MriiUurd,
WtnnipoK, M.
8t. Johns. Q., Emerson, M.

UanHnoqae, Napunee,
Uamllton. Ottawa,

iireat »r*fu(r».— The

Btrnhmn in

loji Company, 30 lK)mbaid
and elst^whore.

Street,

Clydesdale Bank*

London, Qla^fcow,

>M

.No.

A. Sweet

rAPITAI.,

-

SVBPLUS,

•

6,000,000, Uo\o.

61

ic

OFFICE,

WALL

Vl'KEJBX.
Walter Watson. ..ontji
I

Baj and sell Sterling Exchange, Krancs and Cable
Transfers grant Commercial and Travelers Credits
avatiable tu any part of the world; issue drafts on
and make ooUeotions la Chicago and througbont
the Dominion of Canada.
;

Ofll«e,

Imperial

134 Houth Third

;

Morton.

St.,

A. P. Turner 6c Co.,
BANKERS,
No. -^07 Walnut Place, i'lIILADELPHIA.
Government, State, .Municipal and Railway Boml^
and Stocits bought and Moki at all the Exchanges.
Investments prudently uuide in sound railway se*
curities. Collections promptly attended to.
Correspondents caretuUy represented ai. Auction,
and Private Sales. Bonds of good but not welV
known railroads always wanted for inveetments at
the best nites. Ordors on mjiririns not entertained

No. 9 Blrniiln Lane.

BRAKOHES:
Port Colborne, 8t. Thomas. Ineersoll,
Welland, l^rsus, Woodstock, Winnipeti. Atun.
Dealer, in American Currency &Ster(inK Kxchan^e.
Afcenls tn London
Agents in New Vork:
BOSANIllTBT. 8Al,T A CO„ BANK OF MONTAKAL.
78 Lombard Street.
59 Wall Street.
Promptest attention paid to collections payable In
any part of Canada.
Approred Canadian business paper, payable In
gold or currency, discounted at cue Head Ofllce on
reasonable terms, and proceeds remttteci to any
part of the Tnlted t<tate8 by dnif on New York.
I

I

BoatoH Banlicn.

Foote & French,
BANKKUS,
AND DKA LB R8

VEKNm ENT

Sons,

AUGUSTA, GEORGIA.
Bny and sell all lilnds of Investment Secarltlea
ontriyht or on conMiiisst<jii. lnf--riiiMtion furnished.
Orders and corresp'tndence snhcit<Ml

TRANSACT A GRNERAL DOMKSTIC AND BOB
BiaN BANKINO BUSLNESS.

SethH.6tH.B.Whiteley
BANKERS AND BROKBU8,
GERMAN

STREET,

BALTIJUORB.

P. O. Box 3 13.
Deposits received snbjeot to check at sight, and
interest allowed on dtilly balances.
Stodks, Bonds. Ac, bouiiht and sold on commlsMoa
in any oity. Piirticuliir attention Kiven to information refmrdluK investment ftccur^tles.

Wilson, Colston

6c
BANKERS AND BROKERS.

I

Co.,

BALTimOBE.

N

B0IV06,

INVBSTMKNT

and VIRGINIA SECURITIES a

8. DEPOSITORY,
LOVISVILLE, KENTUCKY.

U.

OV ALL ISSUKU.

nished.
N. Y. COBIIB6PONDBNT9— McKlm Brothers

U,

Soiitlicrii

HUHTON,

A Co

Bankers.

Wk.G.Coubtnky. Pres. EkjiesxH. PaiNOLZ.Cash

BANK OF

NEW lOBK.
PHILADELPHIA,
COJJGRE88 STREET AND
No. 2 CX)NGRE8S SQUARE,

No. 7

ItOKTON, MASS.
Tower, Giddings
B

&

Co.,

ANKERH,

BOSTON.

inders for Slocks azemittd In Boewn,

N»w Vork

Banks and Bankers

B. B. IS17BR17S8, pres-t.

First
•olleotlons

A. K. Wai.ksr. tjasnier

National Bank,

made on

all

V.

parts of the United States

THOnAS BRANCH A

CO.,
BANKERS AND COMMISSION MERCHANTS
RICHMOND, VIRGINIA,
Information on all classes of Southern Securities
•specially State Bonds,
Conpons, As.
Cor-

twponauot toUolttdi

Tu

sol lotted.

P. F. Keleher 6c Co.,
OLIVE STRKEX, ST.

SOS

L.OV1S, Rio.

First-clasfl Western Investment Securities for
sale. St. i.ouis City and States of Missouri, Kansas,

Texas, Arkansas and Colorado Bonds a specialtyFull information given In reference to same on aptlcatlon. Coupons and dividends ooUeoted.

Jarvis,

Conklin 6c
LOAN BROKERS,

Co.,

Negotiate School District. Township. City and
Write for circulars, blanks and

rounty Bonds.

Edwahks Whitakir,

Matthews

Member

6c

N. Y. Stock Ezcb.

Whitaker,

ST. LOUIS, MO.,

BROKERS AND DEALERS

IN

i^ate. City, Connly and RR. Bond* Ac Stock*.
Orders receive prompt and personal attention^
Correspondents, Messrs. MaxwelLA Graves, New
York City, and Messrs. Blako BrotnCTs A Co., New
York and Boston.

John V. Hogan
113 N« Third

Co.,

6c

Street, St. Loal*, Me.,

DEALERS IN
Western

find

Southwestern Municipal and Railroad

Bonds or Stocks.
Defaulted bonds a specialty. Choice Investment
securities always for sale. Write to us before yon
bny or sell any Illinois. Missouri or Kansas bonds.
•. F.

PENZBL,

i

I

STATE BANK,
Incorporated 1875.

Cierman

{

C. T.

WalkIB

Cashier.

{

Bank,

LITTLE BOOK, ABK.
CAPITAL (Paid-in)
SURPLUS,

..----

S75,0OO
!M,000

Prompt attention given to all business In our line
K Y.CoRRKSPONUENTS— Donneil, Lawson A Co..
and the Metropolitan National Bank.

S, C.

Spscial attcntion oite.v to Collections.

WriLiniNGTON, N.

DEVONSHIRE STREET,

and other uaarkau.

CllA?^.ESTON,

National Banking Association,

CHARLESTON,

Proceed*
Accounts a/

Special attention gtren to collections.

promptly remitted at best rates.

President.

specialty.

Oorrespondence solicited and information fur-

V011M1S8WX ORDERS SXB0V2SD

National Bank,

First

LxoNABD Matthews.

SOL'TH STREET,

No 27

A. L. SoaMIUT, Cashier

Pres't.

references.

BALXmOBE.

St. Catharines,

:

6c

BANKERS,
No. 7

P. BRANCH, President.
fkki). R. h<;ott. Vloe-Pres'i.

KANSAS CITY, MISSOURI.
WESTERN FARM MORTGAGES, YIBLDINO
AND 8 PER CENT. A SPECIALTY.

Baltimore Bankers.

Robert Garrett

Capital, $1,000,000.

No. SS

P1IILADBL.PHIA.

issues of United States Bonds.
Investment Securities a 8r>eclatty. Correspondence
Invited and full Information npon flnanclal subjects
furnished.

Bank of Canada

JOHN

Cash.

II4RRIS A RIIIND,
STOCK AND BOND BROKERS,

Shoemaker,

all

HOWLA.ND. Pres't D. R. WILKIB. Cashier
HEAD OFFICE. TORONTO.

CiiO

RICHMOND, VIRGINIA.
made on all Southern points on best
prompt returns.

Collections

terms

Oso. A. LiwiB,

Jus. M. 8H0i£»AKKIt.

8c

TSRRILTB A 00.

MERCHANTS' NATIONAL BANK,

BANKERS AND BTOCK BROKERS,

NEW YOSK

8.

promptly attended to
New Vork Correspondent.

Western Bankers.

Pbtladelpbia Bankers.

Thomas

8MITHKK8, President.
W. J. BUCHANAir, General Manager.

Noa. 6»

n.

Buy and sell UoTeronient, State. Municipal and
Rallmad Bonds and Stocks, ke. Virginia state Tax.
Hecelvable Coupons bought and sold. All order*

UOStTO^I.

Dealers in

London

»M»!»'M>N.

DBV0A8H1RB 8TRKET,

OIO. C. Thohab.

Bank of Montreal.

CO.,

STOCK BKOKKItS,

sold.

Letters of credit Isnued, arallabJe In China, Japan
and other foreign countries.
OoUeotloos made on favorable terms.

O. F.

Co.,

6c

vTATK Vl'BEKT.

68

MAURY &

Nffw

Bank

RICHMO.ND, VIRIJINIA.

i^arker 6c Stackpole,
BANKEBS,

J. S.

ffenonU banklnjt business transacted.
Money roo trod o.i deposit, and current rates of
Interest allowed.
DrtftsUsaed arallnbleat all p- tntsin Canada.
Sierllns Kxobaaije and drafts on New York

—

Oorres|Kind«nl«. (ierman- American Bank
York l^oulslana National Bank. New Orlirans
of Liverpool. LIveriKMil.

J. B.

A

and

(Mrment

R. H.

UBAL.ICK8 IN GOVUUN.\4H.ST SKOUUITIKH
Hiate.City. County and lUillroad Bonds.

Nmo

Branch.— 156 Washlnffton Street,

Co.,

6c

mOBILK, ALABAinA.

and

UANKKUb

Meredlib. Manager.

booitht

H.\C11ANI>KS.

In [llunloipal, Siitt«, llaltroad

C.has.

m

OKicaio

HILLia.

npeoial attention paid to oulleotions. wabpronpt
iemlttanoes at ourrent rat«s of ezcbatiK*i on oay of

IJnIlvd Slnir. Hoiidii.

Forlc.— 48 Rxchanice Place, Messrs.
Ueory H-iffuo and John B. Uurrls, Jr., Airents.
7ktnk»n
iV«r I'orfc.— The Bank of New York,

wAowicyin

B.

HANK K 118.

AI.SO,

Uealcrn

Toronto.
Walkerton.

WILUAHS. JHO. W.11IU.BB

:

STOCK

ICsq.

PreMcott,

ton,

ntr

NTBBBT,
UOSTi*%.
or TIIK NHW YUllk AND B08'1-OM

sq.

BRAN«HBSt
Heliovlllo,

K

teHUtlHti

B. D.

CHA«.

85 C!«»NOIIK!M

rso.

General Manacer.
AsntsUnt General Manii«tir.

INQKAM

J.

P.MILLm,

*IIO«.

rhos. p. Miller

BANKERS,

Sd.aoo.ooo
3tM,000

lUfiMKUrE FUND,
HHAD OFFICE, UOHTREAL.
Board of Dlrectorm
President.
HON. JOII N H A M LTt>N
V tee- I'resi dent.
JOHN Mol.KLLAN. ic»q., M.P

Southern Bankem.

Banliert.

Brewster, Basset 6c Co.,

<7A[\'41>A.

cAriTAU

rtt

A. Prescott

6c

Co.,

BANKERS,

Capital

•60,000

TOPBKA, KANSAS.

Mnniclpal Bonds and Mortgage Loan* Nwotlated.
gSS'ESl'LTA'N!i*l'S'o ¥S^IS1& idSSt^ihK^.
Collections and correspondence reeeire prompt at-

CoRRkSPONDENTS.— Bo«ton, National Bank of
North Aoierloa: New York, American Ezeltaac*
National Bank and Ninth National Hank; Chicago,
Preston. Kean * Co.! St. Louis, Third NaUonal
Bank Kansas City, Bank of Kansa* Cttr an*
*liaDt*' National
:

wak

mv

THE CHRONICLE.

yfil

Commercial Cards

Publications.

Pnblications.

LIVING
THE GREATEST
such its Prof. Max

Authors,
Muller, RiBht Hon. W. E.
Glnilstone. Jas. A. Froude,
Prof. Huxley. R. A. Proctor
F.dwnrd A. FreemuH Prof,
Tyndall, Dr. W. B. C^nrpoiite'r,

IHB

Goldwiu

Piof.

The Duke

FSniilli,

AvejII. VVui.

ol

BInck. !>Ii«R Thnckerny,
Sirs. JIulock-Crnik. Geo.
MacDonnld, >lrr<. Olinhnnt,
Jenn Increlow, This. Hardy,
Mnlthew Arnold, W. H.

Financial Revie

,

^,m M

W.

IVIalloek,

0^_^ Tourtceuieli;

W.

Thk Living age

A

has been published for nearly
met with continuous commen-

weeUy

It

gives

odical Literature.

PV1{L,ISHED

thesaurus of tbe best work of the most celebrated
writers in literature, science, politicn and art."—
ihston Traveler.
*'
It supplies a better compendium of current discussion, information and investigation, and gives a
greater amount and variety of reading mutter,
which it is well worth while to read than any other

publication. "—Boston Joximal.
" The ablest essays and reviews of the day are to
•
*
icnow of no investbe found here."
ment of IS in the world of literature that will yield
equal returns."— 27i« Presbyterian, PhUadeiphia.
^' It enables its readers to Iteep fully abreast of
the best thought and literature of civilization."—
Pittsburg Christian Advocate.
" It being a weekly publication, is, comparatively
speaking, the cheapest magazine published.' '—

6.

vOle.

" The best and cheapest periodical
Evang^Ual Ohwrchmwn, Toronto.

Published weekly at $8 00 per year, free of
orforflO 00 The Living age and any one
of the American f4 Monthlies (or Harper's Weekly
or iS(/2'(r) will be sent for a year, vostpaid; or for
$9 60 THE LIVING Age and the Si, MchOlas, or Hppi/ncotVs Monthly. Address.
LIXTJELK^ Sc CO., Boston.

Banking and FinancialUnited States— National Bank Flgurea and
Currency Movements.
New York Citj—Bank Returns, &e.
London—Money Market and Bank Retiims.

CommercialLeading
year,

Tbe

nionejr

Commerce, Trade

Exports and Imports of

Articles.

Bank Returns,

London— Review

of

&c.

Market—

Induenccs, and Prices of Call Loans and
Commercial Paper since 1871.

Gold and SliverProduction, Exports and Imports of Gold
andSllver In the United Statesand abroad.

New York,

1870-1881.

iDTestments and Speculation—
Interest Table, Showing Acoamulatious of Money in a Series of Years.
Table allowing the Rate Per Cent Realized
on 8ecuiiti(» PiuchaBert at different prices
(without regard t« dale of maturity.)
Stock Speculation In New York.

United States Debt and SecuritiesPrices of U.

S.

AND

in every thriving
cotton, tobacco, grain and truck growing county.
Ap'^ly (with reference) to

CRENSHAW, PresH,
CRKN8HAW WAKEHOUSB,
Rlcbmondi Va.

AV. O.

Bliss,

&

Fabyan

New York,

Steamships.
Only Direct Line to France.

GENERAL TRANSATLANTIC CO.
BETWEEN NEW YORK AND HAVRE.
Pier (new) 42 North River, fool of Morton St.
Travelers by this line avoid both transit by Elngtish ilallway and the discomforts of crossing the
Channel in a small boat.
LABKADOK. Joncla
Wed.. Jan. 18. 4 A. M.
ST. CKRMAIN, Delaplalne.. Wed., Jan. 25, 10 A. M.
AMKRiyUK, Siiiitelli
Wed.. Feb. 1.3P.M.
Pbige of t*A8SAGE— (Including wine;: To HavreFirst cabin, $100 and $80
second cabin, $60; steerage, $20, including wine, bedding and utensils. Heturn tickets at very reduced rates. Checks drawn
on Credit Lyonnais of Paris In amounts to suit.

From

Co.,

Boston, Pl:iladelphia,

SELLING AGENTS FOR LEADING BRANDS

BROWN AND BLEACHED

HIIIRTINGH
SHiiETINGS,
PRINTS, DSSIM8, TICKS, DUCKS, &o.
TawelD, Quilts, White Goods and Hosiery-

AND

Drillt, Sheetings, Oe., tor

Export Trade,

h;.R.Mudge,Sawyer&Co
AGENTS FOR
Chtcopee mi'g. Co.
'Woolen Co.,
Ellertou New JTIllls,
Atlantic Cotton iniU.,
Saratoga Victory Mfg. Co., Ocean mil..
Peabody I?IUl8,
AND
Hosiery and Knit Underwear

Washington

inillii,

Biirlint^toii

From Various

Mills.

NEW YORK,

43

j.

w

BOSTON.

Chaoncey Street
philadslphia.
dayton, 246 chkstnnt street.

* 45 White Strbet,

15

Whiting Paper Co.,
HOLYOKK, HASS.
Baakera' Ledser and Record Papers,
machine Hand-Made Papers.
Antique Parchment Papers.
Plated Papers.
Bund Papers.

AGENTS
JAIUKS D. WHIXnoUE &. CO.,
45 BBKKMAN STREET. NEW YORK.

:

FOR MARSEILLES,
for Cadiz, Gibraltar, Barcelona
ing freitfht and passengers:

and Marseilles, tak-

CAL1>ERA

Compouud

Debt of th« United

STANDARD BRAUD8

Touching at Cadiz, Qibbaltar & Barcelona.
The following steamers will leaveNew York direct

Foreign Exehange—
Market and Prices in

America."—

postcme:

Retrospect of 1881.
nercaatile Failures.

—Foreign

In

Virginia

"OKIKNT CUMPLKTE MANUliE."

"We

" As much a necessity as ever."— Tfte Advance,
Ohicam.
" The oldest and be-t."~Oowrier-JourmiI, Ixmi«-

CONTENTS:

8.

" Orient.

&

And want a good working aeent

branches of Literature, Science, Politics and

No other periodical can compare with The LivI'G Age in interest and value.'* * •* "A veritable

uureka"

\MMONiATED Bone Sdperhhosphate op Lime

"

February

Balance, V.

"

and

Art.

Corrvnurcial AdA^ertUer, Detroit.

United States

I.,

Fertilizing Co.
OITPBR THEIR

THE ABLEST LIYING WRITERS

JUerchants,
Investors.

About

L.

The Atlantic

It is therefore invaluable to every American
reader, as the only satisfactorily fresh and COMPLETK compilation of an indispensable current
literature,— indispensable because it embraces the
productions of

in ali

Bankers,
Brokers,

11

CITY.

RiCHMON/), VA.

more than

and Discovery. Poetry,
Sclentillc. Biographical, Historical and Political Information, from the entire body ol Foreign Peri-

FOR

BE

viagazine.

Stories. Siietches of Travel

INFORMATION

Booms 10 &

NEW YORK

THREE AND A QUAHTBE THonSANB

OF

'WILL.

MA IVCFAOTITRERS,
104 John Street,

W0UK8 atOriknt,

double-column octavo pages of reading matter yearly. It presents in an Inexpensive form, considering
its great amount of matter, with freshness, owing
to its weekly Issue, and with a satislactory comEleteness attempted by no other pnblicutlon. the
est Essays. Keviews, Criticisms. Serial and Short

A YEAR BOOK
FINANCIAL

Steel an(d Iron Rail

RuBkin, Ten-

Littell's Living Agk.

8 2.

E. Odell,

AGKNTS FOR

nyson, BrowninK, and many others, are repre-

forty years, and has
dation and success.

18

&

C. H.

Story,

sented in the pages of

(ANNUAL.)

XXXIT.

[Vol.

About Jan. 16
RATES OF PASSAGE— For Cadiz and Gibraltar—

cabin, 175 and $90; for Barcelona and Maraelllea— First cabin $80 and $100. Steerage, $32.
Through bills of lading issued to Mediterranean
Ports, including Barcelona, Algeria, Tunis, Genoa,
Leghorn, Naples, Messina; also, for Trieste and

Constantinople.
N. B.— No freight taken for Gibraltar.

LOUIS DE BEBIAN,

Avent,
No. 6 Bowlins Green.

States.

Bonds. 1800-1881.

Gomincrcial Curdf$.

Mate Debts and SecuritiesState Debts and luiniuntty from Prosecatiou.
Prioee of State Securities, 1860-1881.

&

Co.,

Manufacturers and Dealers In

-

»

•'

BAGS,

WII^UAin B. DANA &,
PUBLISHERS,
T» * 81 WUllam StrMt, New

CO.,

Tork.

"AWNING

PABIS, 1878.

His Celebrated NiimberSy

303-404- 70-35 -332,
I

I

and his other styles may be had of oil dealers

^

tkroughoiU the

Joseph Gillott & SonSi

toorld,

New Tork»

MUTDAIIIFI

COTTON SAILDUCK IKSURMCE

And all kinds of
83 00
COTTON CANVAS, FELTING DUCK, CAR
.commercial
''"*-5'''6?S:;L''„'iC".
j
and Financial .•^l^'Ji?
,„
Chronicle, COVEMNQ, BAGGING, RAVENS DUCK, SAIL
Postace (when sent by Mail,)
TWINES, Ac, ONTARIO " SKAMLBSS
Frioe of the Review, bound in cloth,

GOLD MEDAL,

Turner

Brinckerhoff,

Railroads and their SecuritiesRailroad HUitistics of the United States
Railroad Earnings.
Prices of Rjillroad Bonds, 1872-1881
The New York Stock Market, 1860-1881
Prices of Railroad Stuoks, 1860-1881.

urn:

first

STRIPKS."

Also, Agents

UNKTBD STATES BUNTING COMPANY.
A full>upply, all Widths and Colors, alwaya in stoek.
N«> 100 Saan. Stre.t<

COlPAffiT

OF NEW YORK
r.S.WrNSTON, PRESTDEra:
ISSUES EVfRK DESCRIPTION OF

miJNBEHDOWMENrmiCIES
ONTERMS ASEAVORABLE AS THOSE
OFJiNYOrH£H COMPANY
ORGANIZED APRIL MTU 1 842

aSMSSETS OYER$82-000.000

Jaihtart

THE CHRONICLE.

14, 1888.

Cotton.

Iniuranoe.
KtNUV

U.

WAHC.

&

Ware

OFFICE OF THE

Cotton.

On.LlAT BCnUOlDBB

New

111 Pearl Street,

Ain>

York.

Special attention paid to the ezeentlon of order,

Mutual Insurance Co.,

Liberal iidTances

made on

oember, 1880
$4,232,675 04
PremluiuH on Policies notmarked
car lot Jiinuary, 1880
1,495,947 23
Total Marine Premltuus

*5,728,ti22 27

.

no. C.

J

ex-

$873,118 96

me

Company has the following assets,
United States and State of New
City,

97

$12,608,356 71

*'Fntare

outstandoertUlcates of profits will be paid to the holders
thereof, or their legal representatlTes, on and
after Tuesday, the First of February next.

THE OUTSTANDING CERTIFICATES

The certificates to be produced
payment and canceled.

at

A DIVIDEND OF FORTY PER CENT

declared on the net earned pTemlums of the
for the year ending 3l8t December,
1880, for which oertitlcatcs will be issued on
and after Tuesday, the Third of Hay next.

)»ecretarr.

TRDSTEBSi
D. Jones,
Charles Dennis,
W. H. H. Moore,

Lewis Curtis,
Charles H. Russell,

James Low,
David Lane,
Gordon W. Buruham.
A. A. Raven,

Wm.

Sturgls,

Adolph Ijcmoyne,
Bei^amln H. Field,
Josiah O.

Low

WUliam

E. Dodge.
Royal Phelps,
Thomas F. Youngs,
C. A. Hand,

John D. Hewlett,
William H. Webb,
Charles P. Bnrdett,
J. D.

JONES,

Horace Gray,

Edmund W.

Bobt. B. Mlnturn,
Charles H. Marshall,

George W. I.Ane,
Edwin D. Morgan,
Robert L. Stuart,

James G. De Forest,
Samuel WilletU,

4. A.

Vork.

r<>TTON BROK4.KS,
S3

REAVER STREET,

88

NEW

rORK-

H. CLISBY

CO.,

&.

COTTON BUYERS,
MONTCJOMEKY, ALA.
PCBCHASB ONLY ON ORDERS, roB A COHUISSIOir

&

Henry Hentz
It

Co.,

AL

MERCHANTS,

lOraiHISSION
Sontb William

New

St.,
York.
A dvances made on Consignments to
flieasr*. JAITIES
CO.,

8

PINLAY &

LONDON AND QLASOOW.

Also execute orders for Merchandise througd
ineaara.
A. CO.,

PINLAY, MUIR

CALCUTTA AND BOMBAY.
CONTRACTS FOR FUTUKK DELIVERY COTTON bouKht and sold on commission in New York
and Liverpool: also at New Orleans throuitb Messrs.
Samuel II. Buck A Co.

& Wisdom,
COTTON

Gardes

COMMISSION MERCHANTS,
NEW ORLEANS,

LA.

Special attention paid to tho execution of orders
for the purchase or sale of contracts for future
delivery of cotton In this market, New York and
Liverpool.

COTTON BROKER AND AGBNT,
RUE DB liA BOURSE, HAVRE.

Wm.

If

Special attention Rlren to (he Purchase and Sale
of Contracts for future dellverr of Cotton.

NEX» VORK.

Hoffmann,

F.

Felix Alexander,

James F. Wenman & Co.,
No.

1

COTTON BROKERS,
46 Pearl Street, near llPall, N.

Established

(In

C

Tontine Building) 1840.

COTTON BROKER,

AUGUSTA, GEORGIA

Geo. Brennecke

&

Co.,

COTTON BROKERS,

Kntire attention given to purchase of COTTo*
UKDSR for BPINNRRS and EXPOKTKI^

Keferences :— National Bank of Aagnsta. UeorKi ,
Henry Uents & Co.. Commission Merchants New
York: William B. Dsna& Co., Proprietors COMa««
oiAi, AVv KiNiJioiAL CnninoLB. and otbAr Ne
Tork Honiti'i.

John F. Wheless

No. 110 Pearl Street,

New

York.

W'Ulam

Brj-oe,

M llUam

H. Fogg,
Peter V. King;
Thomas B. CoddingtOB
Horace K. Thurber,
William Degroot,

Henry Collins,
John L. Riker.
President.

&

C'O.^

COTTON

FcTURi Contracts a spxcialtt.

BABCOCK&CO.

B. F.
COMMISSION MERCHANTS,
17 Water Street, LIVERPOOI,,

Receive consignments of Cotton and other Produce
and execute orders at the Kzcbanires In Liverpool,
Represented In New York at the oitlce of

IIABCOCK BROTHERS * CO.,
90 Wau. BtsMT.

OOmmiSSION niEROIIANTS,
NASHVILLE, TENNESSEE.
Special attention Klvon to Spinners' orders. Cor
rospondence sollcttod.
KErKUK^CKS.— Third and Fourth National Banks
and Proprietors ot the Chboniclk.

Parisot

&

Geo. Copeland
136

Campbell,

&

Co.,

COTTO;» BROKERS,

PEARI. STREET. NEIV VORK.

VICKSBI7RG, miss.

THE UROWN
Cotton Gin Company,

Orders to Purchase Cotton In our market solicited
Refer to Messrs W KJUWABD A STILLMAN
New York.

MAxnrACTrKKns or Tn- cklsbratcd

Charles D. Leverloh,

Votton Pactora,

A. L.

Leman,

NEW

160 SECOND STREET,
niACON, GEORGIA.

Entire attention paid to purchase and shirment of
Cotton on order tor dplnnera and Bxportera,
Best of references furnished. Corresp.>ndeD0t
solicited.

LONDON, CONN.,

Brown Cotton

Gins, Gin Feeders! and

Condenseni,

COTTON BROKER,
No

Vice-President.

MOORE, 2d Vloe-Presldenl
BAVGN, 3d v'loe-Presuiant

W. H. H.

New

Co.,

18 Ezehanse Plaee,

dc

;,lVBKPOOL,

Co.,

WALTER &KROHN,

Corllea,

John Elliott,
Alexander V. Blake,

CHAR1.E8 DENNIS,

&

YORK.

COBRVSPONDKHOS BOLIOTrXD.

CHAPMAN,

J.

orders executed at N. Y, Cotton Kxoh'e**

Orders for Spot Cotton and Futures promptly excented

the Board,

H.

Tainter,

COTTON BROKERS,

Is

Company,

&

COTTON ilIERCHANT!*,
PEARL STREET, NEW YORK.

**

TTO

aENU

I,

IIT Pearl street.

of

the issue of 1876 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the First of February next, from which date nil interest thereon

J.

Noa. le

JOHN

New York.

Dennis Perkins

BIX PER CENT INTEREST on the

By order of

Co.,

WATERS & OOJ

Street,

Waldron

Bank and

Amount

IS William

&

p. Billups

POST BDILDINO,

INVESTMENT SKCURITIB8 BOUGHT AND
OLD FOIl A COMMISSION.

GENERA

otherStooks
$8,983,558 00
Loans secured by Stocks and
otherwise
1,187,900 00
Real Estate and Claims due the
470,000 00
Company, estimated at
Premium Notes and Bills Receivable
1,628,921 34
337,977 37
Cash in Bank

the time of

NEW

OO

AND

viz.:

Plaee,

COMMISSION MERCHANTS,

COTTON COMMISSION MERCHANTS

peiwes

York Stock,

J.

BANKERS

$2,071,238 98

Premloms and

&

Graham

(Successors to R. M.

same

i>eru>a

of

Foulke,

:)poclal attention given to the exeontlon of orderfor the purcliBse or sale of Gontrootc for I'^tur*
dellvorr.

$4,141,087 80

1880

will oeoso.

&

Bennet

COminiSSilON aiER< HANTS,
131 PEARL STRBBT,
NEW YORK.

PremluniB marked off from 1st
January, 1880 to 31st Decem-

Betums

IH EzehaDce

4e

Port Bniu>iNO.

Jannary 2S, 1881.

The Triuiteee, In conformity to tho Charter of
the Oom|)auy, submit tho following Statement
of Its aOulra on the 3lHt December, 1880
Prwnluiiui on Marine Risks from
1st January, 1880, toSlstBe-

Losses paid durUig the

16

con-

Iflrnments.

ber,

OOMMISSION MERCHANTS,

for the pnrohiue or sale of oonlracts for futnre de-

llrerr of cotton.

NEW TOBK,

COTTON PAOTOBS

C )i"ION COMMISSION MEUCHANTO

ATLANTIC

& Gwynn,

Fielding

Schroeder,

COTTON OINS FOR EXPORT.

W. IIAKTKR, ATTOR.VEV.Canton,
HENRY
classes of cases
lodiT*
Ohio, condncts
all

atfalnst

and other corporations In both State
Refers to C. Aultmaa, Canton O..
Isaac Harter A Sons, Canton, O.; Kountie Broa
New York: Kx-Cblef Jualloe Aioiew. Beaver, Pa.
Iduais, rHilroads

and

L'.

^.

Courts.

THE CHKONICLE.
Woodward &

Stillman,

POST BUILDING.
Hanover dt Beaver StR.

INMAN,SWANN&Co

Cor, Ezehanee Place,

NEW

YORK.

GENERAL COMMISSION MEBCH AN 1
LOANS ItlABE ON ACCKPrABtB

OFFICE, 119 BROADWAY.

COTTON EXCHANGE BUILDINa,

New

V'crk.

&

Pendleton,

COMMISSION MERCHANTS,
NO. 97 PEARIi STREET, NEW YORK.
Advances made on consignments of Cotton, Grain
and other Produce.
Buy and sell contracts for future delivery oi
Grain and Provistons.
CHAS. FRANCIS BKEBB.
HaNRY M. EVAX9.
Member N. Y. Cotton Kxcbange.

Evans

6c Beebe,
COTTON BROKERS,

V ork

17 Exchange Place, Boston.
Orders promptly executed on N.Y. Cotton Exch*ffe.
Refer by permission to Messrs. Vermllye & Co.,
Bankers, N. Y.; Messrs. Becker, Howell & Co., Bankera. N.Y.; Hon. J. Nelson Tappan, City Chamberlain.

F. Crumble,
[.
JNew York.
114 Pearl St.. COTTOM,
Spealal attention srlyen to orders for the buying
and sellinK of Cotton for Future Dbliveuy.

Member of Cotton Exchange.
H, W. Fahlet, Robert W, Oolsan, J. H. Farlit
Member N.Y. of Golsan.Colt « Co., Member N.Y.
St. Louis,

Cotton Ezch'ge.

Mo.

&

Farley

Cotton Ezch.

Co.,

and sale of CON-

TRACTS FOR FUTURE DELIVERY OF COTTON
0HA8.

r.

JOHN

HOHOR8T,

K.

HAKKKTT

C. F. Hohorst & Co.,
COTTOX
COMMISSION MERCHANTa
N».

125

PEARIi STREET,
Neiv

t ork.
Receive Consignments of Cotton and other produce

LIBERAL ADVANCES MADE.
Special attention given to orders for the purchase
and sale of Contracts for Future Delivery of Cotton.

E. S. Jemison

&

•^OUTMEKK SliOURITIKS.

Co.,

A. R. BLOUNT,
J. W. HiNSON.
Member Cotton Kxch'ge Member Produce Exch'ge.
R. H. RouNTBEE, Special.

Held

&

Cash

Hinson

And General Commission Merchants,
89 PEARIi ST., NEW YORK.

New York.

Co., (Jalvegton,

16

&

Mohr, Hanemann & Co.,

ASD

ORDEBS IN FUTURE CONTRACTS
EXECUTES IN NEW TORK AND LIVERPOOL
P. O.

Box

NEW YORK.

2343.

&

No.

Co.

COTTON BROKERS,
114 PEARIi STREET.

Warren Ewbn,

1M6 GRATIEIl ST.,

New Orleans,

La.

BrEoiAL Atthntion Given to thjb Lxkcctiok

ORDERS FOR FUTURE CONTRACra.

Hughes, Carter

&

COTTON BCTEBS,

Ewen

229.750
85,819
80,635
47,399

00
19

OS
68

Presldeni.
Secretary.

OF HARTFORD.

33 Broad

NET SURPLUS
No. it Cortlandt

ASKABam &

North

New

York.

Asent.

British
Co.

Ins.

OF

LONDON AND EDINRURRH.

Street,

United States Board of Management,

Montgomery,

AU

LEHMAN BRO'S,
Cotton Factors
AND
COnilVlSStON

$3,T29,2T1 92
St.,

Mercantile

NHW TORK

Lkuuam, dukk & Co

Co.,

New Orleans, La.

1,694,80180
3,000,000 00

ALEXANDER,

JAS. A.

NEW YORK.
i.XBJlAM,

for

Capital

Brothers,

Nog. 31 <&

$7,424,073 72

1, 1881
unpaid losses
and re-Insurance fund

Liabilities

COTTON RROKERS, &

St,

Co

St,

K. P.

Hon,

PABBRI,
8. B.

CHITTENDEN.

EZRA WHITE,
J. J.

Esq. (Drexel, Morj;aa dbCo.)

Esq.

ASTOtt, Esq.

CHAS. E. WHITE, SAM.

P.

BLAGDEN,

MANAGERS,
eiBce 64 W^Ullam

EXCHANGE PLACE.

:

SOLON HUMPHREYS, Cli'r'n,(B. D,Morean
DAVID DOW8, Esq. (David Dowe Co!)

MERCHANTS,

Orden executed ut 'he Cotton Bxchcnges In New
York and Llvetpool r.nd c-dvances made on Cotton
and other produce loi. i^ed to us, or to our corrals indents In Liverpool, Messrs, B. Newgass & Co.
and Messrs. L. Rosenheim & Sons.

St.,

New York.

Co.,

LyOfyi'pnercial

Union

Ins.

ALFRED

PELL,
Rtsitifftt

NEW YORK.

Cotton Exchanare BnlldiuK,

Special attention given to the purchase
Future Contracts.

HYMAN8 &

and sale of

Dancy,

New

H. Tileston

York.

&

StrP^-

i

Of superior qualltr

suitable for

Special attention given to the purchase and sale
of^ntrects^torfuture dellrery.

COTTON,

S9 Wall

Wire Rope.
IRON

Co.,

COTTON COMMISSION MERCHAlTrS,
St.,

W&

Manager

STEEL AND CHARCOAL

DAlfCY,

Hyman &

Uc

iOF LOUDON),

Co.,

Cotton Commission Merchants,

86

HOBILB, ALA.

121,750 00

Company

Assets January

John M. Ewen.

Jb.

97 Pearl
or

00

664,(126 00

^TNA

RO\»*$.

Norfolk, Va.

York.

4.U7^J,o0il

»6,995,509 86

CHAS. J. MARTIN,
J. H. WASHBURN,

Insurance

Excliange Place.

18

COTTO:V, STOCKS

Pblladelphla.

WILMOHB. H.W.HANEMANN. CLKMBNS FIBCHSB

New

1,566,868 00

Total

Muiphy,

Texa-

AND COMMISSION MERCHANTS

123 PEARI. ST.

J130,172 81

on

first lien

(POST Building,)

COTTOM FACTORS
St.,

FIRE INSURANCE:

United States stocks (market value)
Bank& KR. stocks&bd.... (market value)
State and municipal b'ds (market value)
Loans on stocks, payable on dnniand
(market value of collater'ls,$341,507 50)
Interest due on 1st January, 1882
Premiums uncoll'ct'd & in h'nda of agts.
Real estate

Mduphv

Geo.H.McFadden & Bro Robert Tannahill&
121 Cbe.tnnt

United States, available for the PAYLOSSES by FlRB and for tlie protec-

New? York.

AND

&

&

Woods

40

COTTON COMMISSION MBBCHANTS,

Jemison, Groce

OR-

DERS FOR FUTURE DELIVERY OF COTTON
AND PRODUCE.
G.

ASSETS

real estate (worth »3.000,750)

COTTON FACTORS

S.

of

tion of Pollcy-Holders of
In Banks
Bonds and mortgages, being

Blount,

Wm. henbt Woods.

in the

MENT

M

$6,995,509

SOmMARY OF

BANKERS
No. 10 Old Slip,

$3,000,000 00
Reserve for Unearned FremiumB 1,943,733 00
Reserve for Unpaid Losses
245,595 36
1,806,180 90
Net Surplus

Cash Assets

William H. Beede

COTTON COMMISSION MERCHANTS
Mo. 132 PEARL STREET,
NEW YOEX.
P. O. Box 3909.
Special attention to purchase

LOANS MADE ON

Special attention given to the execution of

42 <t 44 New St., Rooms 18, 17, 18, 19, New

Flfty-SeTenth Seml-annnal Statement,
SHOWING TVE
CONDITION OF THE COMPANY ON TUB FIRST
DAT OF JANUARY, 1882.

CASH CAPITAL

SECURITY.

Rogers

Company

insurance

OP NEW YORK,

!s

Liberal adTances made on ConslKnmentfl.
Special attention paid to the execution of orders
for the purchase er sale of contracU for future
(leUTeryof_cotton^

HOME

COTTON MERCHANTS,

HotrsB],

14, 188».

]tII§ecllaneoug.

C«tton.

Cotton.

[Rear of Custom

[Jantjaby

Co.,

STOCKS,

BONDS, &c.
WILLIAM STREET, NEW YORK.

MERIDIAN, MISS, Orden Id " Futures" executed at N.T.Cotton Bxota.

f

HOISTING

MINING AND
PURPOSES,

Inclined Planes, Transmission of Power, Ac. Also,
Galvanized Charcoal and
BB for Ships' HlKging, Suspension Bridges, Derrick
Guys, Ferry Kopes. Ac. A
large stock constantly oa
hand from which any desired
lengths
are cut-

FLAT STBKL AND IRON
ROPES for Mining purposes manufactured to ur-

JOHN W. MASON

43 Rroadivar,

Be

CO.,

New

York.

I