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xmm
HUNT'S MERCHANTS' MAGAZINE,
BBPRBSENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATE
VOL.
SATXTRDAY. JANUARY
52.
3fTx^
^hvoxxxcU.
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or Post OflBco money orders.
A
volume of transactions at the New
York Stock Exchange this year than last. Galveston is most
conspicuous this week in percentage of increase, with 103'4
cent; other heavy gain s are Chattanooga, 70'4 per cent; Minneapolis, 43; Peoria, 40'1, and Seattle, 34-4 per cent.
in part to the smaller
Week Ending January
1891.
wTTTTAu n T>»wA
ioSrS ixoTD.
JOHB G. Ffn^
(
1
thara.)
I
New York
Philadelphia
Baltimore
Ohlosgo
Bt. Louis
Xev Orleans
Seven cities, 5 days
Other cities, 6 days
Total all cities, S days..
AllolUee, 1 day
cmea for week...
1890.
87,214,948
69,866,538
13,001,400
66,819,000
19,839,133
14,780,977
$688,784,760
83,716,438
60,343, 131
12.634,211
66,339,000
18,530,943
15,143,244
$893,126,858
138,378,418
$834,491,725
125,427,316
»1,033,50.S,277
$959,919,011
195,348,215
{633,8(14,864
Boston
Total all
1891.
-i-10-0
l,219,fle9
+Ti)
684,191
418,213
113,61S,40a|
116,573,988
-26
109,358,895
-22-8
71,182,037
12,340.902
13,976,297
8,514,850
1,926,218
924,163
1,039,780
1,611,111
69,458,148
15.321,207
18,895,911
5,198,249
1,570,534
769,133
901,972
+2-&
-19-5
-17-3
62.489,924
10,680,008
13.811,041
6,329,818
1.270,019
626.199
795.821
—28-1
109,904,897
110,108,152
-0-2
95,681,655
—lS-5
85,852.344
13,809,060
6,336.894
6,653,940
5,398,087
3,060,800
2.863,128
2,002,415
1,093,083
69,815,295
14,018,450
5,498,109
5.376,896
4,888,828
2,837,500
2,107,182
1,429,558
672,108
-1-23-0
89,141,821
11,780.600
5,108,424
4,831,640
4,831.470
2,487,900
1.847,411
1,689,531
703,372
128.571,749
106,623,119
16,824.174
13,700,021
1,740,001
1,018,107
780,611
1,489,921
Portland
Lowell
Washington
Wilmington, Del.
Syracuse
Rochester*
TotalMlddle
Chicago
Ciuolnnatl
Milwaukee,...
Detroit
206,419,918
»1,239,923,195
$1,155,265,256
Peoria
+1-6
-t-5-4
--0-8
-I-2-9
-1-18.2
Grand Rapids.,
Total Middle Western
San Francisco...
(1,299,432)
Portland
2,131,70-j
Seattle
City*..
1.368,499
889,215
1,211,900
2,037,040
Total PadSo...
21,926,498
20,708,081
Tacoma
Los Angeles
Salt
Lake
.....
-f7-l
-2-4
Kansas
-f7.7
Oenver
Duluth
-f5-7
St. Joseph.,.,
9,285,222
6,899,809
4,418,771
4,611,073
4,441,219
1.808,476
1,730,929
StouiCfty....
1,-321,403
9,498,227
4.M24,975
4,268,645
4,810,607
4,484.407
1.909,888
1.860,402
1,008,826
Des Uolnes..
Wichita
787.227
653,868
587,322
601,587
651,163
767,887
869,834
420,617
-t-7-3
+10-3
City..
Minneapolis..
St.
Paul
Omaha
H-7-3
The full details of clearings for the week covered by the Lincoln
above statement will be given next Saturday. We cannot, of Topeka.
36,164,078
Total Other Western.
37,019,888
course, furnish them to-day, bank clearings being made up by
St. Louis
22,177,078
24.187,243
the various clearing houses at noon on Saturday, and hence in Now Orleans..
16,686,146
15,888,288
8.421,386
7.719,203
the above the last twenty-four hours of the week have to be LouisTlUe
Memphis......
3,049,606
4,203.201
KioUmond.....
8.619,318
2,693,520
in all cases estimated, as we go to press Friday night.
Below (iHlTeaton
1.797,836
8,037,639
8,610,872
2.287,901
are our usual detailed figures for the previous week, that is NashTUle
1.646,017
Dallas
1,748.458
1,320,001
1.100,657
covering the returns for the period ending with Saturday Kort Worth..
Norfolk
1,000,640
1,161,150
889,000
noon January 10, with the comparative totals in 1890.
I'hattaoooga..
688,800
046,042
Btrmtnaham..
720,680
The exhibit for the first full week in the new year is a fairly Lexlniton..,,
548,400
B6«,984
Houston'
1,970,334
satisfactory one. Compared with the previous week there is_
66.845,4K6
64,018,909
Total Southern...
of course, a considerable gain, due to the fact that the conTotal all
1,167,810,198 1.196,886,881
trast is with only five business days.
But if we go back to the Outside
475,888.886' 468.188,171
Sew Vork.
week ending December 20 we find that the current aggregate
Not Inoindea in totals.
'
—24-7
-12-6
-1-12-3
Vvoroeater
ludlanapollB...
Per Cent.
94,017,331
6,801,100
3,509.555
1.287,285
1,243,204
1,193,067
101,353,034
5,634,900
2.923.128
l,798,9b2
1.331,288
1.077,823
1,342,290
883.107
429,438
Buffalo
Week Ending January 17,
(-18-4)
(-H7T«i
96.978,470
6.081,800
3,339.324
1,860,212
1,365,876
1,303,413
1,478,960
738,315
4f2,535
Cleveland
CLEABIK08.
-28-0
(781,861)
(462,100)
(18,808,800)
(1,384,000)
(552,4(X))
Columbus
JUtumt bv TetetrafK
(-18
(13,64f,475)
(424,000)
bbl'.)
Baltimore
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, January 17, have
been $1,239,923,193, against $1,167,319,193 last week and
11,155,262,2.56 the corresponding week last year.
t
574,769,699
S.
P. Cent.
baUt.)
Philadelphia
Pittsburg
CLEARING HOUSE RETURNS.
1891.
bushelt.)
New Bedford.
W^H-IiIAOT B. DANA & Co.jPabllsIiers,
Total New England..
lOa William Street,
YORK.
NEW
P(jgj Office Box 958
Week End'g Jan.
10.
P. Ceni.
(1,598.157)
(848,500)
(15,412,788)
(4,872,000)
Springfleld....
Messrs. Edwards & Smith, 1 Drapers' Gardens, E. C, will take sub
orlptlons and advertisements and supply single copies of the paper at
la. each.
1890.
742,143,654
New Haven...
London Aeents
1,334.
records a gain of nearly eighty millions of dollars. There has
been considerable more activity than of late in stock speculation.
Contrasted with the corresponding week of 1890 the total
for all cities shows a loss of 2'3 per cent, the decline at New
York reaching 6'8 per cent and the increase outside of this
The decrease from a year ago is due
city being 4'9 per cent.
Terms of Adrertisins.
New Tork
Advertisements ordered for less than one month. In the Commebciai, SaUt of—
(Stoda
25 cents per line each Inserft FtNASCiAL Chronicle, are published at
lOotton
tion. When orders arc definitely given for one month or longer, a lib(Sratn
eral discount is allowed, and the itet prices maybe obtained on aiiplica(Petroleum
Hon at the office. The lowest rates on permanent cards definitely or- Uoston
dered for one year are 8 cents per line each insertion, making $58 for Providence...
one Inch space one year. Space is measured In agate type— 14 lines to Hartford
the Inch.
NO.
17, 1891.
7i
(-14-5i
(-11-6,
(-90-81
-4-3
+Til
+U-2
-I-2-9
-^2•6
-183-1)
4-22-7
-1-20-2
+15-3
-1-5
-HI5-2
4-23-|~
-t-15-c
-i-12-I
-t-401
+256
-H8-1-1-0
-f22-6
-f:;4-4
-^l4-o
—ITb
+6*
-8 2
101,801,872
18,983,093
1,885,610
1,060,303
070,521
771.100
1,770,017
-f-3-8
-8-3
-2-2
-6-5
—10-4
—6-7
-t-:-8
-11-8
-23-6
-1-50-5
-1-8
—24-3
-4-9
-1-3-8
-3-7
-4-4
+T0
-11-4
-24-8
-14-8
-U4-2
-fl-7
m
+0-4
-I-14-0
4-84-8
-t-68-8
-H-8
81,670,630
-1-7-8
-11-7
—08
8,918,793
5,769,214
3,888.221
3,494.488
3.696.b52
1.503,908
-1-430
-1-3-3
—4-1
-10
-i-24-7
-1-1-9
— lS-8
-6-4
—3-0
-8-5
1,609,8.34
-tSl-4
877,851
-(•6-6
-l-17-b
535.2-i2
-27
481,021
422,216
348.860
-9-5
-11-8
-15-4
-3-9
89,334,078
-8-1
80,110,914
13.714.681
6,380,071
2,862,753
8,000.000
8,836,902
1,947,846
1,007,570
789,866
878,490
627,310
646,490
877,618
1,868,781
+7-6
+13-8
-17-1
-5-8
-15-8
-12-a
-143-1
+a-t>
-8-0
-8!.
-1-0
+102-4
-8-t
-1-8-2
—16 6
-H16 6
-f70-4
-28-4
-+D8
-US
+1003
-7-6
—16-6
-90-4
+17-7
4-84-4
-3*7
-18-0
+3-6
54,619,800
-1-8-9
-8-8
987,136,087
-19-8
+4-9
418.366.828
THE CHRONICLE.
94
[Vol. Lll.
Brazil of £44,000.
ThE FINANCIAL SITUATION.
out on
brought
cessful,
Wednesday, the measure could not even be passed in
But we think if when the bill
that body over a veto.
comes up in the House, that body could preserve
and
it in the simple form in which it left the Senate,
have it discussed freely and fully, this year's agitation
in tone
would prove highly beneficial because notably educational, and thus go far towards bringing the unthinking public to a full knowledge of the working of this
Most certainly the period for substivicious system.
a compromise has passed, while the plan of
tuting
grafting on to a bad measure a few good provisions has
bills,
of
subscriptions
the
arrested
progress towards recuperation has been
the passage through the
the last half of the week hy
foreign exSenate of a free silver coinage bill. The
affected at once, and moved up
change market was
yesterday
towards the gold-exporting point, getting
In an article on a
near the dividing line.
quite
detail
subsequent page we explain with considerable
Very few,
the operation of free coinage if adopted.
Our
The new French loan, which was
Sunday, was as usual highly suc-
the amount required
allotments
will
loan
tribute the
being
be
so
among
allotted the
full
;
much
being
it
is
in
rejiorted
arranged
as
excess
that
widely
small investors,
the
amount
of
their
the
to
dis-
these
subscrip-
tions, while larger subscribers will obtain only a pro-
It is reported that the German
portionate amount.
government is about to make a loan of 150,000,000
this marks for railway purposes.
The condition of governhowever, expect such a measure will become a law
House successfully, ment railways in that country would indicate that
Should it get through the
year.
which is extremely doubtful, a veto is believed to be repairs ought to have it all.
on
On Monday our foreign exchange market was easy
certain, and, judging from the vote in the Senate
consequence of offerings of bankers'
in
against purchases of stocks for
on Tuesday
it
bills
European account, but
began to grow stronger because of draw-
ings against sales of stocks and a renewal of the invest-
ment demand, accompanied by
a scarcity of
there being few or no grain
bills,
commercial
while
cotton
getting currency so rapidly from the interior during
shipments are checked by relatively higher prices for
the staple in New York than in Liverpool.
The following day the market continued strong, and on Thursday there was a sharp rise in rates caused by light offerings, some bankers declining to draw, feeling apprehensive because of the passage by the U. S. Senate of the
free coinage bill, and at the same time there being a
good demand for sterling to remit for stocks sold for
European account. The feeling of timidity concerning legislation on silver was not shared by all drawers,
but the action of a few had a tendency to derange
the market.
On Monday Brown Bros, reduced their
rates half a cent, compared with the previous Friday;
the Bank of North America lowered both long and
short half a cent, the Bank of Montreal reduced short
half a cent, while Kidder, Peabody & Co. advanced
the past week that to-day's return must show another
very considerable addition to their cash.
Naturally,
Bros, advanced long
Tery little to recommend it.
"straight" if we must take
It
is
Let us take our silver
it.
hardly necessary to say, after the publication of
bank return, that money has grown
Saturday's
last
Bankers' balances have been abundant, and
although the banks have not competed in the Stock
Exchange with other lenders they have loaned much
easier.
more
is,
freely than heretofore
on application.
The
fact
our Clearing House institutions not only showed a
large gain in reserve last Saturday, but they have been
therefore, the
certificates
standing
ing
are
at
only
money
of
cancellations
proceeding
the
close
rapidly,
of
$3,215,000.
so far as represented
Clearing House loan
The
the
total
out-
Friday
extremes
for
be-
business
call
by bankers' balances have
been 6 and 2 per cent, averaging about 4 per cent, at
which renewals have been made. The majority of
banks and trust companies have reduced their minimum to 5 per cent, though others still maintain 6 per
cent.
Time contracts are more freely offered by capitalists and institutions other than banks, and
rates are
now 5@6 per
cent for all dates, with some business
reported at 5^ per cent for five months.
For commercial paper the demand is good, but it is for
the best
names, and a miscellaneous assortment is hard to sell.
The supply of the grade which is in request is not
abundant. Rates are 6 per cent firm for sixty to ninety
day endorsed bills receivable,
6@6i for four months'
acceptances and 7@8 per cent for good single
names
having from four to six months to run.
Money in Europe has continued to
minimum rate of discount of the Bank
decline.
of
The
England
re-
mains unchanged at 4 per cent, but the
cable reports
discounts of sixty to ninety day bank
bills in London
at 2 per cent. At Paris the open
market rate is 1| per
cent at Berlin it is 3 per cent, and
at Frankfort
3i
per cent. This week the Bank of
England has gained
;
£873,000, a private cable to us stating that
this was
Australia, New Zealand, &c
of £390,000, by receipts from
the interior of Great
Britain of £527,000, and by exports
to Holland
made up by imports from
On Tuesday Brown
both 60 day and sight half a cent.
&
half a cent
;
Kidder,
Peabody
Co. reduced both long and short half a cent, and the
North America advanced 60-day one cent and
On Wednesday Brown Bros, moved
up long and short half a cent Kidder, Peabody & Co.
advanced long one cent and short half a cent, and the
Bank of Montreal moved up one cent for both long and
On Thursday Brown Bros, and the Bauk of
short.
British North America moved up one cent and a half
for long and short, Kidder, Peabody & Co. half a cent,
and the Bank of Montreal after reducing half a cent
immediately advanced one cent and a half. Rates for
actual business in sterling and Continental exchange
Bank
of
sight half a cent.
;
on Thursday.
close
were very strong at the
Yesterday rates were further marked up, Brown
Brothers & Co. quoting 4 86 for 60 day bills, and 4 89 for
sight; Kidder, Peabody quoting 4 86| for the former and
4 89 for the latter ; the Bank of North America 4 86 for
long and 4 89 for short ; and the Bank of Montreal
quoting 4 85^ for long and 4 88^ for short. At the
close the tone was somewhat easier, in consequence of
offerings of bills by arbitrage houses against purchases of stocks for European account.
the
Bank
of
ling to 4 88.
issued
its
As
a result
Montreal reduced its rate for sight sterThe Bureau of Statistics has this week
figures of
exports of
leading articles for
December and for the calendar year 1890. They are
The total
as follows, made up in our usual form.
values of the export shipments of breadstuffs, provisions, cotton and petroleum for the calendar year 1890
reach $605,308,088, against $586,679,509 in the calendar
and year 1889 and $485,070,821 in the calendar year 1888.
Januabt
I
17, 1891.]
xpoRn or
HE CHRONICLE.
BmiADOTorm. novinonn, oorron akdphtiiolbdm.
from
Dtemmbtr. UVontJU. Dtetmhtr. UJfontki. Drc*mA«r.
.18
jield 523,621,000 bushels, against the previous estimate
of 536,685,000 bushels.
1888.
laee.
V. 8,
9b
MontKt.
As regards
quite considerably reduced from
corn, the total
ii
what previous proba-
had pointed to, and is now placed at only 1,489,970,000 bushels, aa against an indicated product laat
bilities
QwtnllttM..
8.888.560
48.46t.88n
«.ni.«»3 48.710,B0e
Flour... bbU.
a,oea,io6
46,100,880
10.076,738
i,M2,aos
10,110,883
704.388
10,484.681
ifiUJKn «e,uo,si7 U,»0T,818 01,606,887
1,&M,GM 85,087,81* S,««,3&2 80,887,177
WhM>t.buiita.
7.168.805
86.838.866
88.326,883
1,063,808
Wbwt..ba.
Corn... bush.
178,684,084
ii.i<ie,7»» ie4,08T,«81
Tot. boah..
6.878.108
U,t80,418 180.068.048
Wht k floor.
8,008,078
03,831.070
10.700,«0»
86,038.036
7.311.761
I
02.866.441
Com&maal.
i,oiz.a&3
87,028.«00
2,8S8,8M
36.480,720
2.737.881
«t,ssd
S4,ato
<8,218
i.086,iaa
180,088
807,686
671,800
13,660
4.906,707
1,303.470
63,774
04,580
840.874
454,018
88,771
688.616
U5,758
860,144
FaiUM.
Barley
t
I
%
I
Br'ditofflk.
loaw.Tso 188.845300 14,067.888186.870.060 10,842,778 113,473.422
ProTUloua*.
09,968,017
13,863,166|l48,S60,Slo
ia,2Ti>,ies 163.486,118
iS.8M.6M
CotUm
858,819,775| 41,l>38,701| 268.647.462
S,8M.831
Petral'iii.&e.
4,483,776
61.667,308
Tot-Talne. 74J84.440 806.808,088
• loolndlnK cattle and taosa.
68,708,473
74.488.060.886.670,808
10.687.181
42,B7»,B17 25!4.705,0»8
3,668,760
ments of provisions and
cotton this
of 1,568,874,000 bushels.
It is
almost need-
the yield of each of these cereals
that
is
is
Here
a comparison of the totals for the laat four years.
l*«ol
PndMtion.
1880.
1888.
1880.
1887,
Oxuhelt.
1,488.870,000
809,888,000
888,621,000
Wheat
Date
Total
Biuhtlt.
1,987,700,000
416,888,000
701,788.000
8,412,868,000
Com
BiMfwIt.
8.118.888,000
490,380,000
761,518,000
8,854,867,'
00
8.106,893,000:
ButhtU.
1,468.161,000
4se.8se.ooi>
660.818,000
8,878,108.000
47,563,749
67,046,345 486,670,821
It will be noticed that a large increase in
say
materially less than that of the year preceding.
18.121,283
Kto
OtXtk meal.
November
less to
This shows a total production of wheat, corn and oats
in 1890 of only 2,412 million bushels, against 3,354 mill-
the ship- ion bushels in 1889.
month makes up
for
such a comparison
But as said on a previous.occasion,
is
quite misleading.
The
yield of
a large loss in breadstuffs shipments, so that the total
values are just about the same as they were for Decem-
1889 was exceptionally heavy, and prices were extremely
low and unsatisfactory, so that a large surplus, accord-
ber, 1889.
ing to
We
give on another page, under the head of 'Reports
all reports,
crops were
much
was carried over. The late year's
but the surplus from 1889
smaller,
and Documents, the full text of the new agreement tends to reduce the effects of the deficiency, and, besides
entered into between the Western roads. It does not this, prices are a great deal higher. If we take the avdiffer in any essential particular from the outlines of erage of the crops for the two years we get a yield of
the plan discussed in these columns last week, but the 2,883,910,000 bushels, which compares with a total of
Commissioners which according to Article
maybe "four or more," has been
fixed at six, Mr. Aldace F. Walker being made chairman.
There is every reason to think that the new association
will accomplish much good, especially in the maintenance of rates. The provision that no road can withdraw
from the compact except on the action of its board of di-
number
of
IV. of the agreement
rectors, after ninety days' notice to the other roads, (the
July 1 in any
So also the
careful and deliberate way in which changes in rates
For, as
are to be made, is to be strongly commended.
we have frequently pointed out, nothing is so essential
agreement, however, to remain in force
event), constitutes
to the
till
a valuable feature.
maintenance of rates and the preservation of
3,105,393,000, bushels for 1888 and 2,572,108,000 bushels for
1887, or an average for these two years of 2,838,-
In other words the average for 1890 and 1889 is
45 million bushels above the average for the preceding
750,000,
two
years.
much
With regard to the corn production by itself
the same state of things exists, or perhaps
it
would be more accurate to say that on that cereal the
argument as to the surplus left over from the 1889 crop
applies with especial force.
Annexed is a statement
showing the corn production for the last four seasons in
the leading corn-producing States.
Com
Illinois
Iowa
Production.
1890.
187.446,000
282,439.000
1889.
ButhelB.
259,125.000
349,nee,ooo
1888.
1887.
278.0«0,000
BlulttU.
141.080.000
278,232,000
18a 608.000
and cumbrous machinery
Mlaaonri
176,345,000
218,841,000
V;08,583,0f0
140.049.000
Kanaaa
55,869.000
840,508,000
158,186,000
76,647.000
in such methods we have a safeguard Indiana
altering tariffs
88.025.000
106,656,000
125.478.000
71.400,000
66.310.10(
140,543,000
144.217.000
03,150,000
against hasty and reckless action which tends neither to Nrbraaka
Ohio
93,018.000
65,876.000
88,953,000
78.797,000
Of course the MIobUaD
the welfare of the roads nor the public.
Se.S80.000
28.737,000
29,025,000
18,080,000
Tenoeaaee
67.692.000
80,831.000
75.865.000
75,804,000
Commissioners appointed have a great deal of work be63.645.000
75.382.000
61,545.000
Kentuokr
67,840,000
38,043,000
41,225.00C
45.414.C0O
44,006,000
fore them.
Not a little will depend upon the way this PennaylTanla.
New Tork
17,101.000
20.475,000]
82.870.000
83,410,000
work is done, and still more upon the way in which the
1,584,293,000
Total
1,073,771,000
1.654.242.000
1,000,714,000
decisions of the Commissioners are received by the inter- Beat of ooantry
458.650.000
453.497.000
4SS.447.O0O
416,199,000
1.987.790.000
1.456.161.000
1,489,970,000
2. 12.892.000
The fixing of percentages, temporary Total U. 8..
ested parties.
The contrast between the 1890 yield and the 1889
or permanent, and the apportionment of traffic, are not
easy matters.
And yet we are prepared to believe that yield is in no State more noteworthy than in Kansas,
no insuperable obstacles will be met. The proceedings the production for the late year being estimated at only
and deliberations of the Advisory Board were marked 55,269,000 bushels, against 240,508,000 bushels in the
all through by a very cordial feeling, and no untoward year preceding. But it is in Kansas that the surplus from
event occurred to mar the harmonious and peaceful 1889 is believed to have been especially heavy. Hence,
relations which every member of the Board was evi- taking an average for the two years, we get 147,888,000
dently anxious to maintain and promote.
We do not bushels, which compares with a yield of 158,186,000
doubt that this conciliatory disposition will be con- bushels in 1888 and 76,547,000 bushels in 1887.
tinued, and that aided by it the new Association will
On the Stock Exchange the feeling of confidence
be placed on a permanent and effective basis.
continued to gain strength till after the passage of the
The Agricultural Department at Washington has this free coinage bill in the United States Senate.
The
week issued its final estimates of the yield of the grain action of the Western railway presidents had a very becrops of the country for the season of 1890.
In the neficial effect on prices, and in addition money rates
case of wheat and oats the figures do not differ materi- continued to grow easier, the return flow of cnrrency
ally from those given by us some months ago, Dased on from the interior having reached large proportions.
the Bureau's report of the yield per acre.
There is, The rapid reduction of the amount of the outhowever, a slight reduction in the totals of both, the standing Clearing House certificates was another
railroad interests, as slow
for
—
wheat crop being now reported as 399,262,000 bushels, encouraging indication. Under these favoring auspices,
against 402,000,000 bushels last October, ahd the oats speculation began to broaden o:i the Exchange, and the
THE CHRONICLE.
.96
[Vol.
LII.
nu- an opinion, and any doubter will soon be convinced
tendency of prices was towards better figures. In
advance occurred. that Mr. Aldrich expressed only the truth when he said
merous instances quite a material
party which could be made
But the silver bill checked the rising tendency, caused in substance that the
led to free realizations and a responsible for passing a free-coinage bill would be
speculation to halt, and
The advance treated worse at the following election than his own
part of the improvement.
loss of
exchange rates tended further to unsettle party was last fall.
in foreign
Why then, it may be asked, if such a sentiment prethe market, so that its course during the last two days
not hear and see more of it.
We
has been quite irregular and the tone not very confident. vails so widely, do we
are approaching the last stage of the silver experiment,
TSew York & New England proved rather an exception
and yet the attitude of the public has the appearance
to the rale, and on Thursday was marked up on the
with the New almost of indifference. This state of lethargy is
old rumor of a proposed consolidation
York New Haven & Hartford. Atchison stock and natural; it merely follows a condition of hopelessness
incomes have been weak on the falling off of $293,330 produced by the very course we have referred to, which
in net earnings reported in the statement for Novem- Congress has invariably pursued on matters affecting
one compromise with principle following
ber, this loss being the result of an augmentation in silver
expenses of $715,044, gross earnings having increased another compromise, until now the final plunge seems
$421,714. The receivers of the Sugar Trust were dis- inevitable and almost in view.. Under such circumcharged last Saturday, and the concern reorganized stances the mass of conservative men no doubt act as if
under the laws of New Jersey. The effect on the price they thought, for very many of them certainly do think,
that since another compromise means only at best
of the certificates was of course marked.
of money a short delay, it is as easy to face the end of the bout
The following gives the week's movements
now as ever. We all know the fable of the camel that
to and from the interior by the New York banks.
was allowed to warm' his nose in the Arab's tent; how
Wwk Sndtng January 16, 1891. Received bit SMpped by Net Interior
the camel kept inserting and warming a little more of
Movement.
IV. r. Hank'. N.r.Bann.
$5,469,000 $1,200,000 Gain .$4,269,000 his body until he had the whole of himself inside and
Corrency
—
.
Oold
800,000 Gain. 1,500.000
1,800,000
Total gold and legal tenders
$7,;gj9,000 "iiiioojooo Gain .$5,7.-19,000
With the Sub-Treasury operations the
result
is:
Into
Out of
Net
Uatiks.
WeA EnVng Januarji IB,
Bankr.
Bank
1891.
Banks* interiur moTement,a8 above
Sab-Treasury operatious
Total gold and legal tenders.
$7,259,000
16.700,000
C'nnnijein
Holdino'.
$1,500,000 Galn.$5,759,000
14,700,000 Gain. 2,000,000
$23,959,000 $1 6,200,000 Galu.$7,759,OO0
Januar]/
Januar]/
16, 1891.
SUver.
To'at
Gold.
£
£
£
£
£
16.668.868
16,668 868
saver.
Boirland
25,016.834
25,016,834
Stance
44,961,000 49.623,000
Germany
25,671,334 12,835,666
04,674.000 50.092,000 49,602,000
38,607,000 25.994.00012,997.000
21,033.000
6,435,000 16,300,000
8.714,000
5,060,000 6,026,000
-Netherlands..
Nat.Belglnm..
6,410,000 16,663,000
:),270,000
6,444,000
2,712,66-
1,366,333
4,039,000
2,818,000
outside.
coinage advocates, and opened our currency system to let
the white metal in just a little by coining a dollar which
was worth only an average of 89 cents that year.
and decreasing
18, 1890.
Goid.
AuBt.-Hun'y.
Arab
Ever
since then that dollar has been multiplying, encroaching
Bullion holdings of European banks.
Bank! of
Our method and experience in
much the same, and is
certain to reach a like result.
It was way back in 1878
that Congress made the first compromise with the freethe
dealing with silver has been
1,409,000
Tital.
in value
until 1890, its average
worth
being only 73^ cents for 1889, and the total number
coined at the end of that twelve months reaching
349,938,001. Last year Congress changed the method a
99,694,000
for
warming up the dulled
vitality of the
white
38,991.000
little
21,736,000
metal by what was termed another compromise, and
11,085,000
4,227,000
Tot. this week 107,031.P36 85.81) .099 192,843.834 105.057,868 85,333,000 191,390,838
Tot, prev. w'k 105.712,461 8.'i,498,666 191,211,127 1Q6,413,328!85.581,000 191,094,328
now
this
year another was proposed.
circumstances,
if
the question
new compromise and
WHAT FREE COINAOE WILL END IK
the choice
is
is
still
Under such
to be
between a
we repeat that
which is adopted.
free silver coinage,
slight, it
matters
little
on the other hand in these last days there is to be a
The country is to bo congratulated that at last a fight on principle, a large public support of the party
Senator has been found who feels, and ventures to that dares to undertake it can be depended upon as
state with the earnestness which always accompanies a forthcoming.
positive belief, the danger our currency and therefore
For these reasons we are pleased that legislation on
our industries are in from the silver craze.
We by no this subject in the Senate this week took the form it
means mean that Senator Sherman's speech contains did. Free coinage stripped of every cheat or palliation
the first declaration of correct views respecting dollar or cover is what is needed to consolidate and clarify
coinage heard in that body. Even on the present public sentiment. Senator Stewart's amendment, had
occasion he was well supported by Senators Allison and it been adopted, would have left so much in doubt that
Aldrich. We mean this— that his words will carry its real nature could not
have been made so evident to'
conviction as no others we have read will, because they all.
In terms the amendment proposed for free coinare not only good in form and substance, but because
age " the product of the mines, mills or smelters of the
they have a ring of real enthusiasm which comes only "
United States." That provision was interpreted as
when
If
the speaker feels he
is uttering the truth in the covering only a trifle
more than the United States procould be made clear that Senator duction. But according to the Mint tables there wai
Sherman and those who supported him on Tuesday are imported in 1889 "
approximately " 7 million ounces of
done with compromise, and propose hereafter to give
fine silver in ores, and with the set up price 129 cents
their vote and influence only in favor of
correct cur- per ounce for the production hereafter of our "mines,
rency principles and measures, they would meet
with a mills and smelters," as Senator Stewart's proposal
response throughout the country which they
would be fixed it, it is certainly reasonable to assume that the
surprised to hear.
It is an utterly false notion
to mills and smelters would get very much more in 1891
assume that a majority of the people, or that
anywhere of these foreign ores than in 1889.
How much more
near a majority, are in favor of past or
proposed silver it is not necessary to discuss now, for that point and
legislation.
Travel through the country, even through many
other questions even more serious which could be
face of a peril.
If
it
California or other mining States largeenough to have
raised respecting the influence
and action
of such
Jaxuaht
17, 18(*1.]
THE CHRONlCUi
97
removed by the chaDge in the form of present conditions of car currency preserved, silver
would come. If our mints were opened to-day to
With regard to the effect on the price of silver and silver coinage the effect (every other condition remainon the volume of our circulHting medium of a free sil- ing unchanged) would bo that stocks of silver the
ver coinage system in operation, a surprising misappre- world over would begin to move from all quarters
It is certain, and seems to towards the United States.
And why ? Not becanse
hension appears to prevail.
obvious, that such a measure could neither give us the owners would have the right to bring the metal here
UB
unlimited supplies of currency nor advance the price of and turn it into silver dollars, for, as we have said,
the white metal materially. We say this seems obvious, the fact of coinage alone would have no influence oa
although no doubt Farmers' Alliances and other simi- the movement. These supplies would take that course
lar bodies of people are advocating free coinage because solely because the bullion having been converted into
they assume that it means fresh millions of circulation; silver dollars, the silver dollars could at once through
Or, in other
while most owners of silver mines favor the same plan our banks be turned into gold dollars.
because they also expect as a further result an immedi- words, our currency being on a gold basis, 412J grain*
ate, rapid and permanent advance in the value of the of silver, worth about 83 cents in the London market,^
white metal, until the old parity between gold and could be sold for 25 8-10 grains of gold, worth in
Not all silver-mine owners, how- London about 100 cents. Take the case of the=
silver is established.
We heard at Denver within conversion of some silver bullion by a person in
ever, take that view now.
» few months one person largely interested in mines the City of Mexico. The owner in that city has theexpress pretty much the same opinion we have ex- alternative offered him of getting say 48d. per ounceIndeed, we think this feeling is beginning to for his bullion delivered at London, or of delivering
pressed.
spread rapidly in the silver States, and that Senator the bullion at Philadelphia, receiving for it silver dolconvertible immediately
certificates
Stewart's amendment was an attempt to bridge the lars or silver
diflBculty.
through our banks into gold dollars, and of selling hisThese errors have gained so deep a foot-hold be- gold dollars at London so as to net for his silver 60d. per
cause on the surface a declaration by Congress opening ounce instead of receiving 48d. for it by direct sale.
our mints free to silver is plainly suggestive of a stream Assuredly no owner of bullion would under such cirof silver flowing to our mints from the four quarters of cumstances hestitate a moment which course he would
For we all agree pursue. He would push on his metal to Philadelphiathe globe to secure this privilege.
that in legal effect such a statute, if passed, would bo with the utmost speed; and what this Mexican owner
a notice to any holder of silver, whether in London, could do every other owner of bullion or of silver coin
Berlin, Paris, New York, Mexico, or elsewhere, that he in the whole world would want to do, and would do if
could send his metal to our mints and have it coined the chance was open to him long enough.
into our full legal tender dollars.
The Senate measure
Such, then, is the situation which the passage of a
Can there be
even goes further; it does not require the owner of bul- free silver coinage law would introduce.
lion deposited to wait for coinage, but gives him the any uncertainty as to what must transpire immediately
option of receiving legal tender coin or legal tender on its passage ? We all know that capital is proverIn other words, the law would bially quick to scent a danger. It does not wait for
certificates immediately.
open a way for instantaneous conversion into legal ten- a casualty to happen, but anticipates the happening.
der money not for our own silver product alone, but for Here is a train of events made possible which, if
the silver product and stock, new and old, all over the allowed to be set in motion, could only end in robbing
world.
That invitation and these large supplies cer- the country of its gold. Would depositors in banks,
tainly look as if they would bring us silver in unlimited in trust companies and in other depositaries throughamount, and that the drain would in turn enhance in out the country, having such a prospect in clear view,
some measure the price of bullion in those markets. wait for the gold to get out of their reach before actThese are the surface indications.
ing, or would they rather anticipate its leaving and
But consider a moment the conditions necessary for make a general scramble for the gold ? There is no
the movement of silver from one country to another. opportunity for two opinions on this point.
Gold
It hardly needs to be said that silver or gold will never would he shipped abroad and be hoarded at home so
come on simple invitation. The statute makes coinage quickly that the whole operation would be completed,
of gold free at our Mint now.
Notwithstanding that, and our currency be on a silver basis, even before the
we never find gold shipped from London to New York date for the act to go into effect could be reached.
unless there is some special inducement; free mintage
"What next? What could happen next? What furobviously does not move it at all or have any influence ther effect could a free coinage act have? With our
on its movement. We all know that gold comes when currency on a silver basis the inducement for foreign
it is profitable to make the shipment, and at no other
silver to come here for coinage would be gone.
The
time; in that case it comes until an equilibrium is es- premium which the foreign bullion owner might obtain
tablished
that is, until the shipment ceases to be profit- so long as silver and gold were interchangeable would
able.
What, then, is the whole truth with regard to the now have no existence. More than that, not only
status of silver after the passage of a free silver coinage would the premium be extinct, but there would be an
law? Is it not that silver will come to the United States absolute barrier against the transfer of silver from any
and go to our mints from London, Mexico, and all other foreign country to the extent of the cost of getting it
f countries where it happens to be just so long as it Iiere. Silver could be imported then only as an erpays to make the shipment, but not a day longer?
change matter, just as gold comes now. Finally, there
Now, although that is a truth so obvious that to might be but little coinage of even domestic silver.
express it seems quite unnecessary, yet its action on When interest was high it would go to the Mint, but
the situation here must most surely be overlooked by there would be no profit in coinage to the producer in
many of our "Silver Senators" and farmers who any other contingency ; in fact, it might be a disadare advocating free coinage.
No doubt, with the vantage to him^ for so long as he kept his product in
fixed price, are
the
bill as
pansed.
,'
—
THE CHR0N1C1.E.
98
would be in shape to get the benefit of a temdemand in
porary rise in Europe or any temporary
bullion
it
New York
Under
of silver
for export, should either occur.
price
these circumstances why would not the
present
bullion decline materially ? At the
moment, notwithstanding a compulsory purchase by
month, we
the GoTernment of 4^ million ounces a
There
barely keep the price above a dollar an ounce.
purchase after the proposed
would be no compulsory
change in the law, and there
is
no reason
to expect
to
[Vol. L'I.
expenses, $1,040,388 more, representing "improveadditions of a more permanent character,"
" meats and
have been charged to capital account. Mr. McLeod derives a strong
argument
in favor
of
the necessity of
these expenditures from the steady reduction year by
He says that at the same
year in transportation rates.
which prevailed in the year preceding the tonnage
would have yielded an additional revenue of about a million dollars without any increase of
rates
of the late year
expenses.
And
at the rates for tolls
demand
on anthracite
real-
for coal, such as 1887,
to ized in a year of strong
that the coinage (except possibly an early demand
1890 coal tonnage would have been
some measure the gold lost) would reach any- the revenue from the
supply in
about two million dollars better, while at the coal prices
where near that amount per month. Even the early
the 1890 receipts of the Coal & Iron
demand would be small, because all our industries of the same year
of Company would have been increased a million dollars,
would be prostrated by the change in the basis
as compared with 1887 in the
little immediate need for making a total diilerence
and we would have
Does it not follow from what has been said net income of the two companies of fully three million
dollars.
that an inflation of the currency would be impossible
Mr. McLeod very properly says that the only way to
leave this last question for our
We
•with free coinage ?
Farmers' Alliances, who write us so many meet this constant tendency towards lower rates is to
friends in the
enlarge and extend the company's facilities and to
letters, to answer.
institute economies .in operations, so that while on
the one hand the company may keep adding to the
PHILADELPHIA d READING REPORT.
volume of its business, on the other hand it shall be
of the Reading is not con- assured of satisfactory net results from such growth in
If the annual statement
sidered altogether favorable if there is disappoint- business, which, unfortunately, has not been the case
ment that the report does not show something earned thus far. Much has been done already in this direcon the preference incomes much satisfaction at least tion, but still more remains to be done. During the
is to be derived from the conviction left on the mind last three years steel rails and new cross ties have been
Mr. put in the main tracks the road bed on the more
by a perusal of President MeLeod's remarks.
McLeod's discussion and review of the road's condi- important lines has been raised and widened, and also
tion and operations shows that he understands the improved by the addition of stone and slag ballast
needs and situation of the property fully, and has yards have been entirely re-arranged in some instances,
tunclear ideas as to the best way of promoting the prop- so as to promote the convenience of the service
Moreover, he makes it evident that nels have been enlarged, bridges overhauled (wooden
erty's interests.
structures being replaced by iron ones) and improvehis policy is to be a vigorous and progressive one.
passenger staTaking the Railroad Company and the Coal & Iron ments made in docks and wharvais
Company together, their combined operations for the tions have been renovated or replaced by new and
year ending November 30, 1890, show a surplus over commodious buildings, more in accord with the requireexpenses, rentals and other obligatory charges of only ments of modern service, and equipment and motive
Good results
$109,922, this comparing with $338,839 in the twelve power have been increased and improved.
months preceding. Evidently, therefore, nothing could have followed from this policy, we are told, as may be
be paid on the preference incomes. This becomes still seen from the extension of the road's traffic in every
more evident when the accounts of the Railroad Com- direction, merchandise freight alone in the late year
pany are considered separately, allowance being made having increased 1,219,423 tons, after an increase in
however for the fixed charges of the Coal & Iron the year preceding, too.
Company for which the Railroad Company stands
It is in dealing with the passenger and coal business,
responsible, and which the Coal & Iron Company is not however, that Mr. McLeod displays especial insisfht
On that basis there is no and knowledge. A superficial observer might find little
in position to meet itself.
surplus at all, but rather a small deficit.
Of course to criticise in the company's passenger traffic, seeing
very extensive outlays for improvements and better- that the number of passengers carried had increased so
ments have been made during the year and included in decidedly, the total for 1890 having been 18,103,893,
expenses.
It
must also be pointed out that the against but 15,975,839 only two years before. But
year's accounts have been charged with some exceptional President McLeod goes below the surface, and shows
items of payments. Thus equipment dismantled is that the road suffers seriously as the result of the disrepresented by $431,366, discount on bonds sold by advantages under which it labors in having passenger
$200,452, judgments, back
taxes, etc., and
the terminals ill suited to the requirements of the business
Shoemakersville accident by 1325,352 more, making and in an inconvenient location. He says that while
value,
currency.
—
—
;
;
;
;
altogether $957,170.
In the case of the Coal & Iron the passenger traffic on the Reading lines as a whole
Company, the year's revenues having been insnfiicient has very greatly increased, the traffic to and from the
to meet the sinking fund of 10 cents a ton upon coal city of Philadelphia has increased but slightly.
The
mined, that item has not been allowed for, but on the road's disability has become particularly manifest since
other hand no less than $881,931 was spent for colliery* the completion of the terminal station of the Pennimprovements and charged to expenses. Considering sylvania Railroad on Broad Street, travelers being disall this, therefore, the year's operations wear
a more
favorable complexion than might be judged by the face
of the returns.
Tn addition to the large snms spent for renewals
betterments and improvements, and charged directly
inclined to accept the Reading's limited
tions in view
of the Pennsylvania's
The effect has been that
number of passengers carried by the Pennto and from Philadelphia rose from about
superior accommodations.
while the
sylvania
accommodaand much
better
Janvart
THE
17. 1S91.]
CnilRONlCLK
V9
1884 to about 14,000,000 in 1889, the l)oon contracted for, to be delivered the current year,
by the Heading increased only from :),200 of the number being large gondola coal cars.
That the Reading, with proper and suflficient facilities,
Mr. McLeod fltatea there is
9,063,708 to 10,445,406.
no reason of consequence for this disproportionate could greatly add to its coal trade in Now York seems
growth except the inconvenience and inadequacy of to admit of no doubt. Certain facts which have come
To remove to our knowledge make this very evident. We know of a
the Reading's station accommodations.
terminal project is to be firm of wholesale coal dealers in this city who placed
these disadvantages the new
7,000,000
number
in
ciirricd
carried out, the Reading having received full authority
It is interesting to
to proceed with the undertaking.
orders with the Reading for Schuylkill red ash and Lorberry coal last October, and has not been able to get them
note Mr. McLeod's statement to the effect that "it is filled yet. Of course those are special coals, and one rea"expected that arrangements will be speedily eon- son for their scarcity is found in the circumstance that
"summated for completing this work without impos- the company's line trade has been very active, and nat" ing any burden upon the revenues of the residue of urally the managers give that the preference since it
yields better prices. But the company ought to be in
Mr. McLeod presents a position to satisfy not only the demands of its line
table which proves very conclusively that the Reading trade, but also any and all demands of the tide-water
An instance of the harm
has not been getting its full share of the business. The and competitive trade.
to
the
company from the
1890 shows some increase which may result
coal tonnage transported in
transported in the year preceding, and yet inability to supply coal at a period of active
over that
buyers need the
the total stands at only 7,527,080 tons, while eleven demand just the time when
In other ooal most came to our notice the other day. A retail
years before, in 1879, it was 7,442,617 tons.
words, in these eleven years there has been substantially dealer, speaking of the difiiculty of getting a cargo of
no growth in the coal tonnage of the Reading, while Reading red ash which he had ordered three or four
"your property."
As regards the
coal
traflSc,
—
—
the total anthracite shipments over all routes in the
As cominterval increased over 10 million tons.
pared with 1877, total shipments have increased about
same
15i million tons, while the shipments over the Reading
have increased not quite 700,000 tons. In 1877 the
Reading's proportion of the whole was 32 "85 per cent,
Had the old proin 1890 it was only 20-74 per cent.
been maintained, the shipments over the Readportion
ing in the late year would have been almost twelve
million tons, instead of being, as they were, only about
1i million tons.
Mr. McLeod considers that the falling
off is
tirely to the lack of provision for increased
" From whatever
cause
it
may have
due en-
shipments.
arisen," he says,
months ago and had not yet received, said that he
formerly had the same trouble with his white ash coal.
He used to buy all his coal, he stated, from the Reading,
but finding he could not rely upon them in times of
special activity,
now distributes part of his orders among
The trouble regarding the white ash
other companies.
occurred some years ago, but he has adhered to his
changed policy ever since. In the case of the red ash
coal, the Reading could not be so easily displaced, since
it has a virtual monoply of certain grades, but still the
present policy does not tend to promote the company's
interests.
It must be remembered that there are also other disadvantages besides that of displeasing customers. The
it resulted from
red ash coal which the company will deliver in this
company was sub- market on back orders, as soon as supply and facilities
of acquiring the large permit, will come in not at the present comparatively
"bodies of coal lands in the Schuylkill region to make high prices, but much of it at last summer's very low
' adequate provision in rolling equipment and terminal
Thus dealers get the benefit of the rise rather
prices.
*'
whether from oversight, or whether
" the financial straits to which
" jected, the failure at the time
the
" facilities to distribute their product in the markets, than the company. Unlike
" has been almost fatal to the proper development of the ing sells its coal in blocks
"revenues
"due
of your
company; and to
this cause alone
is
the failure to maintain the proportion of the coal
other companies the Read-
of several thousand tons,
and then allows the buyer to put in orders against it as
needed in cargo
lots of
200@250
tons.
In a time of
"tonnage formerly held." "Theories have produced dis- scarcity like that now being experienced this gives
"astrous results." Until 1889, he states, no increase of dealers an opportunity of making Very heavy profits,
equipment had been made in recent years, and as illus- instead of merely their 15 cents a ton commission. The
trating thecomijany's unfortunate condition as regards present practice, we presume, hias been continued from
facilities for distributing coal in New York Harbor, he the time when the company was in financial diflBculties
points out
that
at
the
present
time
there and when it was not infrequently obliged to get
are more than 1,000 cars loaded with coal standing advances on its coal before the coal was out of the
on side tracks in Jersey City because of the lack of ground. At that period of the company's history it
accommodations for transferring the coal to vessels. was necessary to propitiate dealers with extra induceOn account of these restrictions, he says, the manage- ments. Now the company is on a totally different
ment is now obliged to transport coal froni Port Rich- basis, and it may be considered advisable to modify or
mond through the Delaware River and around to New change the old method.
York Hai'bor, "encountering all the perils of coast
In any event, we see that the Reading's coal business
" navigation at this .season of the year, and an expense is to be greatly developed.
Mr. McLeod by his report
" largely in excess of all-rail freights." It is to over- stands directly committed to such a policy. His statecome this state of things that the company is now pro- ments and tabulations demonstrate what room there is
moting the construction of a short line from Bound for development, while the language which he uses is
Brook to the Arthur Kill. This, when completed, will clear and unequivocal. Upon the completion of the
give the company an independent outlet to the waters plans now projected, he says, "the company will be
of New York Bay, with adequate facilities 'or hand- "able to command a fair proportion of the future inling, storing and shipping coal to the extent necessary " creased traffic and to make great progress towards
to meet all demands.
Measures have also been taken " restoring the business of your company to the popi
to provide further new equipment, 5,200 cars having "tion which it should occupy in the trade."
THE CHRONICLE.
100
RAILROAD GROSS EARNINGS FOR
DECEMBER AND THE YEAR 1890.
must
it
[Vol. Ul.
be supposed that this comesafter a poor exhibit
be seen by the subjoined summary
last year, for, as will
December results for a series of years, the month
shown a gain of $3,140,104, or nearly 10
December gross earnings make a very satisfactory
the per cent, so that the present improvement is additional
exhibit, and thus the year 1890 has maintained to
of the
in 1889 had
characteristics as a strikingly favorable period
In the net results
for large traflBc and large receipts.
the year has not been d istinfrom this heavy business
end
its
guiahed in quite the same way, diminishing rates,
higher wages and increasing expenses generally, having
produced rather discouraging returns of net earnings
in many cases, especially in the more recent months.
In the present article, however, we shall confine ourselves simply to the results as to gross earnings, which,
as said, record noteworthy improvement.
In some respects the December statement is the
most gratifying of the whole
year.
Not
that the in-
to that then reported.
EarninQS.
:,IHtagf.
Increase or
Ptriod.
rear
Ytar
Year
Oiven.
Preceding.
Given.
Preceilng
Itila.
Dec.. 1880 (48 roads)
Dec., 1881 (55 roads)
Dae. 1882 (63 roads)
Deo.. 1883 (67 roads)
Dec., 1881 (69 roads)
Deo.. 1885 (64 roads)
Dec., 1888 (97 roads)
Dec., 1887 (lU roads)
Dec., 1888(103 roads)
Deo., 1889 (113 roads)
Dec. 1890 (167 roads)
Year
MUa.
83,787
41,794
47,336
46,837
62,887
46,772
60,809
61,292
82,675
79,947
91,503
28,879
36,780
43,387
42,760
61,091
46,685
67,817
60,683
59.821
78.315
89,078
%
17,418,136
21,596.690
23,573,879
21,022,356
22,681,192
19,883,941
29,161,051
29,233,642
27,075,488
35,133,431
42,343.051
DtcreoM,
%
t
15,001,643 Inc. 2,448,593
17,668,783 Inc. 4,027,807
22,170,066 Inc. 1,403,81*
20.213,083 fne.
779,273
38,888
652,130
26.727,786 Inc. 2,433,28t
20.277.240 Inc. 2,96e,40«
27.205,948 D(C.
130,460
31,993,330 JM. 8,140,10*
39.560,054 'iTW. 2.783,000
22,718,080 Dec.
19,331.811 Inc.
Examination of the returns of the separate roads
crease is as large, either in amount or ratio, as in some
shows that some of these latter, as in the months preother months, but that the improvement was made in
ceding, have notably enlarged their totals. The Norththe face of a number of adverse conditions, which had
ern Pacific has outdone itself with a gain of $679,246
led many to think that there would be no gain at all.
The railroads, it is true, had the advantage of an extra over December 1889; the Atchison, with the San Franworking day (there having been only four Sundays in cisco, has $360,504 increase, the Great Northern $257,the month in 1890, against five in December, 1889,) 733, the Canadian Pacific $226,000, the Eio Grande
bat on the other hand there were other influences Western $113,375, the 111. Cent. $110,648, the N. Y.
and circumstances quite unfavorable in their tendency Central $102,425, the St. Paul $91,435, the East. Illinois
and action. The money stringency and financial dis- $87,217, and other roads smaller amounts. There are 41
turbances materially restricted trade, and curtailed roads which report a loss in earnings (out of 157 roads in
business operations even in some of the remote sections the table), but on only six of these does the loss exceed
Cotton shipments, for instance, were $40,000, namely the St. Joseph & Grand Island, $81,991;;
of the country.
checked in certain parts of the South. Still, the crop the Texas & Pacific, $63,418; the Kansas City Fort.
being much heavier, the effects are not so clearly ap- Scott & Memphis, $62,226; the Grand Trunk of Canada,
parent as they otherwise would be, both the overland $59,529; the St. Louis Arkansas & Texas, $51,086; and
movement and the receipts at the Southern pjrts hav- the Chicago St. Paul & Kansas City, $44,283.
LABOE GAINS IN GROSS EARNINGS IN DECEMBKK.
ing been slightly in excess of the totals for the correNorthern Pacific
$679,246 Chesapeake & Ohio
$73,322
sponding month of the year preceding. The overland Atchison and San Fran. 260.50'! Clev. C. C. &8t. Loiil8.... 71,461
Great Northern (3 roads). 257,733 Denver* Rio Gtrande....
65,000
amounted to 337,075 bales, against 326,394 bales, and the Canadian Pacific
226,000 Col. Hoclj. Val.
Tol
59,682
Kio Grande Western
113,375 Colorado Midland
55,95&
port receipts to 1,124,530 bales, against 1,056,418 bales. Illinois Central
110,648 Mexican Railway
53,457
N.Y.Cent. & Hudson Kiv. 102,425 East Tenn, Va. & Ga
47,92»
At New Orleans, however, the receipts were only Chic. Mil. & St, Paul
91,435 N. Y. Out. & West
47,150
Ohio, & Eastern Illinois..
87,217 Missouri Kansas & Texas. 44,960
411,582 bales, against 431,390 bales.
LARGE
.
.
<Sc
LOSSES IN DECEMBKS,
be remembered, too, that some of the Southern St. Josei)h & Grand Island,$81,991 Grand Trunk of Canada...$59,S2»
Texas&Paciflc
63,418 St. L. Arkansas ATeias... 51,086
roads ^those running through or connecting with the Kan. C, Ft. 8. & Mem
62,226 Chic. 8t P. &K. C
44,283
Birmingham district suffered from the effects of a
Passing now to the results for the year, it does not
strike of the coal miners in Alabama, which reduced the take long to discover how decided and how general the
coal shipments several thousand tons a day.
Then in improvement has been. We are able, too, to present a
It is to
—
|
|
—
the West there was a falling
very comprehensive exhibit.
Our statement for the
December covers 91,503 miles of road. For
the year we have been able to get the figures of several
large roads which do not make monthly returns, and
North-
off in the grain movement.
Chicago had an advantage over some other points in
the fact that it was able to participate to a certain
month
of
extent in the large movement of wheat from the
west (the activity in that section bsing reflected by
receipts of 5,937,330 bushels at Minneapolis in the foar
hence for that period our statement covers 153 roads,,
with 103,889 miles of line. These 153 roads earned no
only less than $589,429,058 gross in the calendar year 1890,
weeks
ending December 27th, 1890, against
4,286,530 bushels in 1889 and 4,197,070 bushels in
1888) ; but notwithstanding fairly large spring-wheat
and a very decided increase in the arrivals of
oatsj the total grain receipts at Chicago for
December,
1890, were less than llj million bushels, against
14^
million bushels in December, 1889, and
15^ million
bushels in December, 1888, the falling off being
chiefly
in com.
And this condition of things was not conarrivals
against
$544,889,038 in the calendar year 1889, the
increase being $44,540,030, or 8-16 per cent.
are
here dealing with large aggregates, and yet this com-
We
simply the companies which furnish early or
approximate returns of their gross receipts, only 16 days
having elapsed since the close of the year. There are
prises
some other companies which do not give out estimated
figures, but the results of whose operations we know
fined to Chicago, but extended also to other points,
such for the eleven months of the year. Among the number
as St. Louis and Peoria.
In fact, if we take all the of these there are several large and
prominent systemsleading Western ports together, the corn receipts
for with heavy earnings, like the Pennsylvania, the TJniou
the four weeks of 1890 are found to amount to
only Pacific, the Burlington & Quincy, the Erie, the Read
5,893,661 bushels, against no less than
17,956,285 ing, the Central of New Jersey, the Chicago & Northbushels in the four weeks of 1889.
Notwithstanding these drawbacks our
statement of earnings shows an increase of
over the same
month
western, the Baltimore
December have the returns
$2,783,000
in 1889, or 7-03 per cent.
of 47
&
Ohio, &c. Altogether we
roads or systems, large and
small, for the eleven months.
Nor 36,571 miles
of line,
These 47 roads operate
and their gross earnings for the
Ja>UABT
THK
17, 1881.J
CHRONlCLfi.
eleven months of 1890 reach $333,309,234, against
#307,368,043 in the eleven months of 1889, the increase
being $25,940^581. If we now combine these figures
with those for the full year, we get the following
impressive statement.
j,^
,,
.
,
,,
101
the fall year has $2,660,202 inoreaso, the MiMonri
with the Iron Mountain, $1,959,012
the
Southern Pacific $1,900,091, the Great Northern $1,741,115, the Chesapeake & Ohio $1,558,769, while on
the East Tennessee, the Louisville & Nashville, the CanPacific,
;
Pacific, the Richmond & Danville, the Norfolk
Western and the Lake Shore the increase ranges
from 1 to li million dollars. For the eleven months
Inertate.
1800.
1889.
1880.
1890.
the Burlington & Quincy, the Erie, the Reading and
9
9
9
9
$
153 roftrts full yr. .1S9.4JO.OSfl M4,889.OT8 44.540.029 103,889 101,367
86,571 36,278 the Chicago & Northwest all have either close to 1^
47 roads UmO8.333,30y.2'21 307,388.643 29,940.581
As for the
millions gain or in excess of that amount.
tirand total (200
1922,738.232 852,257,681 70,480,601 140,460 137,645 gains below a million dollars, they are so numerous that
roadH)
Thus we have 200 roads which have reported either we would weary the reader by mentioning them all. The
for the full year or for eleven months, including a few following statement, however, is furnished, giving all
Canadian and Mexican systems, like the Grand Trunk, increases in excess of $200,000, both on the roads
the Canadian Pacific, the Mexican Central and Mexi- reporting for the year and those for the eleven months.
LABQE OAINS IS OROS8 EARNIN03 FOR TWELVE MOMTHfl.
can National. These 200 roads comprise an aggregate
Atoh. & San. Fran
5,513, 848 Tol. St. L. A K.
468.724
of no less than 140,460 miles of road at the end of 1890 Northern PaciUc
2,660, ,202 I/OnK Island
452,765
Mo.Pac. and Iron Mount. 1,959, 012 Georgia Bo. A Florida... 414,446
as against 137,645 miles at the end of 1889, and their .Southern P.-iclflc
TexasAPaclflo
1 ,900, 091
403.192
Northern (3 roads). 1,741, 115 Mobile AOhIo
390,.3g5
gross earnings reach the imposing total of $922,738,282, Groat & Ohio
1,558. 769 N. Y. Ont. A West
Ches.
377,512
1,387 001 Mil. Lake Sh. A Western. 359,887
increase thus being $70,- Lake Sh. & Mich. 8o
as against $852,257,681, the
1,34-2, 17 Rome Wat. A 0/?d
Norfolk &. WestPrn
351,346
The only parts of any im- Rich. & Danv. (8 roads). 1,224, me, Minn. St. P. A 8. 8. M... 344,425
480,601, or 8-27 per cent.
Uite* of nmd nxA
of ptriod.
arott Samtttifi,
adian
&
I
Canad l.in
portance of the railroad system of the United States
not represented in these figures are the New England
Rio Grande Western
475,,885
<fc
Wl8Con»ln Central
St. Paul
Mo. Kan.
A K. C
& Tex
CIn. N. O.
AT.
Chic. St. P.
cance when we remember that this heavy improvement
has occurred concurrently with a steady decline in the
transportation rates received. On the trunk lines there
was a reduction last May in the tariffs east-bound from
IllinoisCeutral (3 roads).
Chic. &En«t Ilia
Clev. C. C. & St. Louis. .
Miota. Cent, and Can. So.
Flint A Pero Marquette.
to
the seaboard
on
live
stock,
provisions,
dressed beef, wool, etc., and the old rates were not
again restored
till
West
were made
the latter part of November.
of Chicago some special reductions in rates
early in the year to relieve the farming industry iu
its
but there was also considerable
demoralization as the result of disagreements between
the various companies, part of the passenger traffic be-
then existing
distress,
Gr,-»ndRap.AInd.(3r'd8).
Burl. Cedar Rapids A No.
Interoceanic (Mcx)
Hock. Val. A Tol . . . .
1
& NashviUe ...1,128,,584
EaatTuun. Va.
Ga
1,072, 422
roads and some lines in the Middle States.
The gain of 70 million dollars derives additional signifi-
Chicago
,197, 854
338,793
317,789
Colorado Midland
298,8.13
956, 034 DuluthS.S. A Atlantic. 295,423
910,,564 Nash. Chatt. A St. L
278,909
863,,'235 Chic. Rock Isl. A Pacific. 273,^54
832,,494 St. Louis Aik. A Texas.. 252,611
Buff. Roch A Pitts.
251,001
82,S,,860
749,,849 WheeUne A Lake Erie.
249,678
723,,286 SavannahAm. AMont... 248.245
,566,,076 Toledo A Ohio Central...
242,845
5.i9, 627 Lake Erie A Western....
232.913
553,,075 Chic. A West Michigan... 229,573
226,397
550,,203 Pitts. Youngs. A Ash
522, 613 St. L. Alt.AT. H. br'ches. 216.162
496, 203 N. Y. Cent. AHud. Riv.. 202,012
Pacific
I.ouiHville
P-fSr-ds).
Denver & Rio Grande
.
.
Col.
LARGE OAIN8 FOR ELEVEN MOSTII9,
555,607
A E.) 4,877,759 Northern Central
4,289,407 Chic. St P. M. A Omaha. 435,431
West of P. AE
406,167
Union Pacific (5 roads).. 3,756,117 Fitchhurg
369,108
2,005,003 New York A New Eng.
Baltimore A Ohio
Chic. A Northwestern... 1,852,715 San. Ant. A Aransas Pass 297,994
281,041
Philadelphia A Reading 1,661,445 Hous.atouic
216,298
N. Y. Lake Erie A West. 1,499,903 Allegheny Valley
West. Vir. Cent. A P
204,626
CHilo. Burl. A Quincy... 1,447,014
654,019
Central of Georgia
Pennsylv. (East P.
.
.
This
is
certainly a formidable
list,
and the most im-
that the improvement
is not confined to
ing at one time involved in the trouble. On the whole, the the road? of any special section, but comes from all
rate demoralization in the West may be said to have grown parts of the country.
The Pacific roads, the Northworse all through the first half of the year. In the sec- western lines, the Southwestern systems, the Southern
ond half, however, efforts were made to improve the sit- roads, the Eastern trunk lines, all contribute heavy
uation, and gradually but surely rates were put on a
of increase, and there is reason to think that
portant fact
is
amounts
month witnessing some action even the New England roads, had we their figures,
or endeavor to that effect. The work was not finally com- would be distinguished in the same way. Among the
pleted till the closing month, when also the Presidents
153 roads which have reported for the full year there
met at Mr. J. Pierpont Morgan's residence, so that in a are only 11 which show any loss, and among the 47
number of cases the higher rates did not go into effect till roads for the eleven months only 2, and the heaviest
better basis, nearly every
after the end of the year
—
that is not]tillJanuary 1, 1891.
amount of decrease in any case is that of the New York
Aside from these various instances of trouble the trend & Northern $70,587 which road has been deprived of
of rates was distinctly downward in all sections of the its former facilities for shipping freight to New Engcountry in the South as elsewhere and do what they land points by the refusal of the New York «& New
would railroad managers were powerless to resist the England to contiZiue the old joint arrangements. As
declining tendency.
will be seen by the following statement, while the imWith the "heavy increase noted above in aggregate provement in earnings was in progress all through the
earnings, it is almost needless to say that the improveyear, the heaviest additions, both in ratio and amount,
ment on many separate roads or systems reached very were made in the first half of the year, the particularly
large dimensions.
In fact, it seems safe to assert that favorable months being January, April and May.
never before has there been a time when there were so
EarrUnf.
MOkkk.
many and such conspicuously heavy gains. Among
1888.
1890.
1889.
1880.
the roads which have reported for the full year, the
MUu.
MUa.
»
*
»
Atchison (with the San Francisco) stands at the head JaDuarr (151 roads). 83,963
34.292.250 S0.(89.211'4.00S,03(fM'Sl
82.040
30.114,856' 27,043.329 3,071.32': '11-36
79.199
81,106
Frtruary (151 roads)
The Pennsylof the list, with a gain of $5,513,848.
33,326,436' 30.856.282 2.771.154 807
79.063
81,964
March (154 roads) ...
79.371
32,364.918| 28,457.0«4 8.907.835 13-78
81.686
vania for the eleven months shows a gain of $4,877,759 April (15S roads)
37,083.237 33.117.763 4,665.484 13-7»
83.589
85.816
May (1«0 roads)
on the so-called lines east of Pittsburg and Erie, with Jane (1.^1 roads) .... 81,71»
38,796.874 31.167.583 2.628.291 8-44
78.671
85.172
38,516,174| 33.350.124 l.l«6,S50 8-96
87,107
$4,289,407 more on the Western lines, making over July (lis roads)
—
—
—
—
1
1
nine million dollars together.
The Union
August (154 roads)..
Pacific for
the eleven months has $3,756,117 gain and the Balti-
more & Ohio $2,005,003.
The Northern
Pacific for
88 660
S«pt'ber (151 roads).
October (1B6 roads).
89,793
8S.668
80.318
91,503
NoTfmbtr
December
(163r'ds).
(
157) r'ds.
sa.oti
87,325
81^88
86.945
89.0-n
40.634.1201 38,062.806 1.581,225
406
43,381 520
51,305.105
42,475.261
;-8«
8-87
42,:l43.re>4
40,407.631 |2,973.B88|
48.3e«,90« 1.912.903
40.595.113 1.880,181
!K>.S60.0.14 3.781 OOn'
4-6S
7-OS
THE CHRONICLE.
102
[VOL. Ul.
In the West the result has been much the same.
If now we look for the causes for this wonderful
growth in earnings, we find them in the excellent crops From January 1 to June 28 the receipts of wheat, corn,
raised in the season of 1889 and the great industrial oats, barley and rye were 73 million bushels ahead of
now for the 52
actirity which prevailed all through the year 1890. the corresponding period in 1889;
As regards the latter feature, it seems hardly necessary weeks we find the gain over last year not quite 51
to dwell upon the great growth of manufacturing and million bushels, the totals being 404,507,500 bushels
The loss during
industrial enterprise, since it is a fact within the knowl- for 1890, against 353,652,589 for 1889.
the evidence being furnished in so the last six months has been chiefly in the item of corn.
edge of exery one,
many different ways. Suffice it^ therefore, to say that Still, even after this loss very considerable gain still
production and consumption in many departments of remains, the total receipts of the cereal for the 52
trade were on a scale never before equaled. As regards weeks being 160,575,247 bushels, against 134,461,916
In the case of oats the gain has been nearly
the crops, a sharp distinction must be made between bushels.
the comparative movement in the first six months and as heavy, the receipts being 102,978,230 bushels,,
There has also been over
that in the last six months. In the earlier period there against 79,859,899 bushels.
8 million bushels increase in barley and some small inwas a heavy gain, as a result of the large yield of 1889
The wheat receipts, however, fall 7
in the second half there was a heavy falling off, as a crease in rye.
Perhaps the differ- million bushels short of the total for 1889, being 104,result of the poor yield of 1890.
ence between the two periods is best shown in the case 047,129 bushels, against 111,120,510 bushels.
The
For the period gain in oats has inured chiefly to the advantage of
of the receipts at our seaboard cities.
from January 1 to July 5 the grain receipts at these Chicago and Peoria, but the gain in corn benefitted
seaboard cities amounted to 124,816,911 bushels in mainly St. Louis and Toledo.
We get, perhaps, a better idea of the comparative
1890, against 74,748,453 bushels in 1889, and the flour
receipts to 6,634,717 bbls., against 5,217,250 bbls., being grain movement at Chicago from the following statean increase of over 50 million bushels of grain and of ment of the receipts at that point for the even year. It
;
nearly 1^ million bbls. of flour.
When, however, we
look at the figures for the 52 waeks to December 27,
we see that the grain receipts for 1890 stand at 195,589,-
will be
observed that while there was a loss of about 5|
million bushels in wheat, with the gains in the other
cereals the total grain receipts for 1890 reached 177
634 bushels, against 173,611,854 bushels, being a gain million busliels, against 163 million bushels in 1889.
of less than 22 million bushels, while the flour receipts
RECEIPTS AT CHICAGO DURING DECEMBER AND FOR THE YEAR.
stand at 14,024.266 bbls., against 13,275,076 bbls. In
other words, over half the improvement of the first
six months was lost in the last six months.
SBCBinS OP FLOUB AND QHAIN FOR FOCR WKBKS ENDED DKCEHBBB 2
AND 81NCK JANUASr 1.
rtovr,
1
Wheat,
Tew
1,586,535
1,652,295
644,289
M
« wki. D«a, 1889
tula. Dea, 1888
Tear '90, &2 wk*..
Tear '88. 62 wks..
Tear '88, SO wks.
13,276,:i47
18,783,047
13,194,875
181,803
330,748
153.794
Oats,
OnuM
Total grain
Flour., bbls.
Pork.. ..bbls.
2,401,160
2,337,687
2,372,450
2,508,927
6.573.002
7,241.374
81.567,490
79,361,321
89,683,479
776,183
691,280
820,041
7.276,895
7,088,710
7,786,522
Dec, 1880
t wks. Dec, 1B89
« wks. Dec, 1888
Tear 'So. 68 wksTear '88. 62 wks..
Tear '88, 62 wks..
73,462
84,381
48.680
l,928,«4e
1,162,363
881.724
Cutm'ts.Ibs.
Lard
121.660
130,840
82,410
3395,855
1,2S9,S86
2,671,000
2,960,000
400,847
781,623
828,906
1,044,000
805.135
729,770
11,913,454
11,134.399
1,042,087
U,836
106,660
17,735
185,888
611,601
126,146
10,UE,345
Tolato—
A wks. Dec, 1890
4,662
8,045
7,478
76.460
108,218
286,063
6,342.916
6,082,779
7,625,751
482,737
617,602
332,886
16,497.168
4,306,787
2,870,637
1,418,781
14,834
13.288
11.552
162,872
147,861
214,053
28,285
301,925
321,601
4.468.884
4,668,492
282.154
127,330
345,241
1,684,424
1,805,101
1,095,814
147,347
211,374
115,100
2.002,806
2,302.419
2,068,101
4 wks. Dec, 1800
4 wks. Dec, 1888
4 wks. Dec. 1888
Tear W, 63 wka..
Tear -88, ii wks..
Tear -88, 62 wks..
43,383
21,196
23,659
381,536
341,489
226,000
138,183
96,934
2,412,047
2,273,784
MS.TOl
2,767359
174,634
71,023
86,133
1,838,744
737,082
784,812
870,785
181,400
147,988
3.128,901
1,978,422
2,039,788
4 Wks. Dec, 1880
4 wks. Dec, 1888
12,600
8,590
e.2S0
123,682
102,816
124,578
43,000
77,532
61.282
9e3,g«o
Dec, ISSU
4 wks. Dec, ll«8
Tear "SO, 62 wks..
Tear 88, 62 wks..
Tear '88, 62 wks.
t wks.
100.808
148,829
161,570
DttnU—
4 wks. Dec, 1880
4 wks. Dec, 1889
4 wks. Dec 1888
Tear "90, 52 wks..
Tear <88, 62 wks..
Tear '88, 62 wks.
7,068,021
7,635
9.548
34,138
298.0KJ
560.806
5,708
23.720
12.388
U9.6f9
S6S.873
172,311
OUroeimxd~~
4 wks.
Dec, 1888
Tear JO. 62 wks..
Tear '88, 62 wks..
Tear '88, 62 wks.
1.1S3370
1,606,457
Oiilutk4 wu, Dec, 1880
42,836
4 wks. Dec, 1888
100
4 Wks. Deo use
2.96S
Tear 'SO, 62 wks. 2.187,601
Tear '88, 82 wks.. 1.816,468
Tear '88, 62 wks.. 1,691,400
Minneapotit—
4 WU. Dec, 1880
4 wks.
4 wks,
Dec, 1888
Dec, 1888
Tear «0 62 wks.. 44,012,006
Tear '88, 62 wks..
15,793
Tear 'Si, 62 wks..
516
8.170
28,»«0
26.512
32,680
2,839
114,318
Dec. 1880
Dec, 1888
4wks. Dec, 1888
868.484
922,288
624,S.''>5
2.95t,281
7,489,608
6.000.921
8,832,426
278,663
382.966
1,781,767
1,376,828
11.749,870
14,661,849
548.970
3.918
21.562,892
17,580,387
821,221
490,630
4,105
38,772,063
14,293,016
892,131
The above also brings
728,208
7,920.913
4.544,882
278,808
2,043,886
13,368.947
1889,
1888.
18,758.368
13.244,463
81.319,287
79.615.088
69,837,933
84.374.848
49,921,834
52,041,288
2,982,038
2,803,864
2,671,906
15,121,978
12,524,500
12,098,968
15,618.727 177,149,688 163,385,432 149,892,546
284.835
1.890,729
4,310,451
6,026,824
8,838
78,789
38,141
42,621
20,271,760 301,820.298 277,039,781 '146,804,188
1
13,004.624 146,873.894 100,101.882; 71,306,80*
447,075
7,683.8281
5.998.526
4,921,712
to notice
another particular in
which railroad traffic was greatly swelled during 1890
namely in the movement of live stock and provisions.
The receipts of pork, outmeats and lard were all
heavier than in the year preceding; while as to hogs,
the arrivals were 7,663,828 head, against only 5,998,526 head in 1889 and but 4,921,712 head in 1888. The
total live stock receipts of all kinds at Chicago during
1890 were 46,421 car loads heavier than in the year
preceding, the arrivals at the Union Stock Yards
having reached 311,557 car loads, against only 265,136
car loads in 1889.
The Evening Post of this city
recently gave the details of the movement as furnished
by its Chicago correspondent, and it is interesting to
notice
that every
increase.
leading
road
participated in the
The Atchison brought
in nearly double the
amount
5,656
Paul
1,198,618
223,442
6,937,330
4,288.530
4,187,070
11,216,979
10,825,451
1.709.743
1880.
40,509, against 33,490; the Rock Island 30,233, against
29,260; the Illinois Central 22,765, against 20,765; the
Alton 22,008, against 21,895; the Wabash 19,022. against
8,7U
17,195; the
St. Paul & Kansas City
11,465, against
Chicago & Eastern Illinois 5,248, against
4,361, and the Wisconsin Central 2,425, against 1,348.
9,505; the
n>f«J of oll4 wks.
4 wks.
1,734.335
1888.
of the year preceding, or 24,184 car loads,
against 12,287 car loads.
The Burlington & Quincy
delivered 80,430 car loads, against 67,762 car loadsj
the Northwest 48,582, against 42,152; the St.
147,877
1,493.717
1,138,081
Year.
1889.
18.100
81,100
77,000
806,160
368,226
665,800
861.400
659.000
2,126.000
988.000
842.900
889,000
1 2.613.101 '16,S08 000
1!<,«13.040 11.236 900
8,423,550 14,537,880
.
lbs.
LirehoRsNo
397,000
219,000
296,000
SLLouU—
4 wks.
Wheat.bush.
Com... bush.
Oats., bush.
Rye., .bush.
Barley.bueh.
Ohtcaan—
1 wks. Deo.. 1890
i wlt«. Dec, 1889
4 wks. Dec.. 1SS8
Tear '90.
wks.
'88, 62 wks..
Tear '88, S2 wks.
MUvja-uiUf-« wks. Dec, 1890
Di^Cfmber.
1890.
With regard
5,883.681
17,960.286
I'2J2-S2?
63T8,721
*.«».87S
6301,280
3.H0260
2.645,161
1«B178230 31,888„107
70,869,899 23,18i;73l
85058410^3^8^970
131,602
628.299
, 117,040
5,218,587
4,718,530
1.078.383
to the cotton movement in the South,
perhaps be a little surprising to hear that the
receipts at the ports for the twelve
montlis of 1890 did
not quite equal those of the twelve
it will
mouths
of 1889,
JANDAKY
THE CHRONICLE.
17, 1881.J
108
For the Northwestern section we cannot include
& Qiiincy or the Northwestern,
had been a loss ot 214,000 bales, which was thus nearly since these have not yet reported for the full twelve
recovered out ot the new crop in the last four months. months, nor can we include the Rock Island, becanse
The overland shipments for the year are ahead of we have not its figures for the earlier years. The
188'.t,
being 1,522,510 bales, against 1,424,870 bales; roads comprised in the following reflect a somewhat
this improvement having been made on the new crop smaller rate of increase than the roads of other sections.
the figures being 5,682,619 bales, against 5,722,310.
But up to September 1, on tlie old crop, thoro
bules.
The
too.
either the Burlington
port receipts in detail are shown in the fol1890.
1889.
ues.
f
Year.
I
RECEirrS OF COTTON AT SOUTHERN POBTS IN nKCEMDER, AND FROM
JANUARY 1 TO DECKMBKR 31, 1890. 1889 AND 1888.
Dtt
Year.
ruber.
PiJrt.
1889.
1888.
1990.
~186.173
146.739
13^.782
B.3S1
8,676
481,390
46,843
7,691
161.148
29.063
47.263
037.971
27.112
1890.
btw.
«alT««ton
1889.
IPaM,Ao
4U.582
M.289
9,066
106.278
41,039
71.402
CluTlMton
2.106,
1
1888.
874.103
25.604
611.135
8.883
1.714.190
190.351
8.961
809,263
96,166
405.075 1.831.685 1,908.214
52.025 263,412 257,970
83,521
2.101
16,365
143.293 982,828 944.815
16.612
182.546 174.562
68.0)3
877.6481 369.419
964
7.859
3.851
381.863
16,893
118.811
228
704
18.101
24.077
31.287
1,129
107,734
69,906
1.133
60.662
75.709
1.280
90.019
608,396,
1.277
486.941
88.657
871,696
498.885
3.672
193.396
176.828
1424.880 1.066.416 1.040.421 6,682.619:6,722,316
4,967,060
Port RiiTnl, Ac.
Waahiinflon, Ac
Norfolk
WMt Point. 4c
ToUl
As already
from
all
137.721
166.789J
3.493|
It
!M.
P. Minn.
A Man.
than that composed of the Southern
we
lines.
Taking 11
find that their aggregate
_
10.136.093
8.986.642
8.783.693
188*.
»
8,093.6U
2.848.076
9.281384 8.736.804
34.418jn
1,807,»7«
ijMe.an
1.714.7M
l..-i81.212
7.621,188
7.427.330
io^.sn
18.771,136 45.871.281 44.093,786
lines as a whole the gain as compared
preceding is only moderate, but as comwith the year
pared with the period of the West Shore war in 1885
the increase of course is very heavy. The Pennsylvania
For the trunk
not taken into consideration, because that
yet reported for the full twelve
are
lines
company has not
months.
1890.
B.AO.S.W..
1889.
1
Tear.
1887.
t
1888.
2,178,113
2,050,531
12,875,112
11,1,35,155
Qr.T.ofCan.t
C. A O. Tr.t
19,832,321
19,827,315
18,612,021
3,608,611
8,205,876
L.8h.AM.So.
20,871.200
19.187,196
18,029,627
3,713,783;
1886.
1886.
t
t
2,313,174
13,235,039
O.C.C.4St.L.*
leading Southern systems,
8.804.331
Total
come
would appear,
however, that no group has made more decided progress
1886.
1887.
3.005.903 2.938.309
ChlcMll.A8t.Panl 26310.7ai 86.900.219 84.887.731 26.366.124 24.718,408
1.676.711 1.626,288 1,870,884 1,862,626 1,828,«2S
lowa<'entral
Mil. I.. 8. A West... 8,a«,562 3.474,665 2.886.788 8,180.681 2.317.80(
Minn. A St. Louis.. 1.6:8.290 1.447,9881 1,364.660 1.472.499! 1.649.610
Sl.Paul AOuluth. 1.193.376 1.301.986 1.624.018 1.604.340 1,568.066
Burl, Cod. R.
gains in earnings have
said, the
sections of the country.
A No.
__
(
lowing.
,
t
1.706.270
2.238.001 2,010,106
11.613,312 10,461,814
0,268,737
19.611.171 17,163.226; 16.161.807
2,681.2*0
3.178.896 3,041.406
18,710,963 15,859,456] 14,183,606
77 million dollars,
M.C'l.AC.8o.
11,310,000| 13,786.926
13,770.523
N.r.C.AH.R.
Ohio A Miss..
36.268.611
38,056,599
36,283,581
against only 69 millions in 1889, 60 millions in 1888
1.111.031
1.080,989
3,868,981
14,161.190 12.895.828; 10.707,304
86,298,031 32.651.015 {21,196,878
3,679.616
1.128.385 3,837,831
and
Wabash
13.051.183
12,981,976
12..382,830
13,874,018 12.370.134 118.965,306
gross earnings
less
1890
for
reach
than 47 millions in 1885.
I27,832,082ll34,688,095 118,319,1.36 123,116,071 109660916' 96,798.727
Total
Ytar.
1890.
Obsupeake AOblo
Che«. Ohio 4 So.W.
Oln.N.O.ATei.P.'
.Tann.Va. 4a»..
lAolsrUIeANaah.
1889.
t
(
7,708.767
{
1
6,119,998
1888.
«
6,123.931
1886.
1887.
1886.
t
1
1
6.089,186+1.696.018 +8.961.236
2,156,006) 2,131.105| 2.005.168
8,966.140 8.136,274 7.118,633
2,001,723
1,713.320
1.671,166
6,832.283
6,805.771
6,891,710
7,186,173
6,329,489
1.883.212
4,120,137
6,113.751
6,816.967
19,139,882 18,011,298 16,043,199'l6,012,176 13.078.518 18,672,011
3,027,472! 2.186,3171 8,848,212 1,803.785 1.800,717
loutaT.N.O.ATei. 03169,315
X«mphl5 A Char..
KoblleAOhIo
1,729,161
1,817,623
l.Ul.e.TS 1.389,849
2,261.339 52.057.381
1.875.914 1.012.896
1.583.517i 1.710,550
S.111.279i 8.053.88l| 2,806.282
2,679,611
Vorfolk AWesti.. 8,518,346 7,178,189| 6.397.471 6,918,780
Blob. A DanT. tjtt. 13.188.194 11,963.558 10,131,268 9,692.839 8.548.287 8.296,166
South Oarollna.... 1,652,203 1.351,223 1,269,031 1.217.893 1.120,080 1.151.841
Total
of this road for the bac^k years are aKgregates of the results for
the separate roads composing the present consolidated system.
t Fifty-two weeks, t West Shore not Included here.
larger mlleace.
I Earuinxs for this year were on a
•
The
fl(rures
The roads in the Middle Western States, or rather
such of them as are not included with the trunk lines
in the preceding statement, show quite a considerable
increase for 1890,'but had very little increase in the
two years precediag.
In the Southwestern group the improvement has
been no less noteworthy. We can not furnish a sixyear comparison for either the Atchison or the Missouri
.
Pacific, since their figures now are on a different basis,
but for eight other large systems in that section the
showing is as follows.
r~
Oblcago
A East.
1890.
1889.
$
1888.
1887.
t
1
1886.
Hock. V.ATol.
Col.
Det. Lanslnic
A No
BvsnsT.A Torre H
Fllnt4P. Marq....
Qraad Rap. 4 Ind.<
Loul8.N.A.4Chlo.
Pittsburg 4 West.
t
8.016.603
7.668,651
(
7,983.119
6.738.077
A Mem,
1.781,917
1.819,219
1.344.489
1.771.169
1.109.017
4.067.987
Mo. Kan. 4 Texas.
Bio Qrande West..
•t. L. Ark. 4 Texas
»t.
ASanFran..
8,ri52,676
7,820.182
6.320.958
7.366.723
7.161.611
1,010,907
935,171
2.920,306
2,370.133
3.281.219
2.655,711
2,912,156
2,195,823
$
2,719,660
1,417,800
2.893.970
1.041.800
851.517
8,103,075
2,818.363
2,292.782
2,230,189
2,179,555
2,030,153
919.8071
3.215.591
1.601.405
2,679,515
1,371.832
3.020.858, 2.621.855
1,211,778 1,131,983
1,110,127
1,320,689J
1,196,101 1,263,649
Wheeling 4L. E..
1,162,718
913,070
t Chlcaco
C. Ft. 8.
»
U
. .
90.188'.3-8 85.Sfl7,80o'81.698..392 75.150.128 81.206.147 80,140,692
1890.
Atch Top.AB.Fe
2,660.4.36
B'ds j'ntly own'd, "a
Bt. L. & San Fran.
R'dsJ'tly own'n.'a
Atlanta & Florida ...
Atlanta & West Point
136,560
573,468
134,017
14,503
52,622
198.501
180.710
306.104
39,700
1,536.000
46,103
231,813
37,524
50,817
33,000
9,216
628,830
207.762
.
Chattanooga Union..
Che.fapcake
in 1885, as below:
Che.'*.
»
1887
I
»
»
1886.
1885.
$
I
Canadian Paoiflc. 16,540.038 15.342.181 18.ig5.636|ll.606.413 10.081,804 8.387.218
Northern Padflc. 24,402.093 21.741.891 18,080,101 13,854.320 12.S89.552 11.849.699
Chic.
Chic.
Chio.
Chic.
&
Ohio..
O. & So. Weat'n
& East. IllinoU.
Mllw. & St. P...
R. Isl. & Pac...
St. P. & Kan. C.
& West Mich...
CUc.
Chlm>owa Valley
Cln.Ocori?. & Ports.
Clii.Jack.Jc Mack....
.
Taui
40.942J.11 87 .081.075 31.255.Blo 25.infl.;33
22.111JM
1,226,636
1,228,471
880,335
750,379
727.18*
2,572,937
2.160.773
1.946.790
2,953,957| 2.529.254
2.361.316
2,295,623
1.919,189
1.680.464
2,011.883
1,686,509
962,180
803,991
844.799
688,099
744,708
700.S16
510,540
A Indiana Coal not Insladed here.
of Road.
.
1890.
8.SU.004
2.361.104
1.117.160
Orosi Eamin0$.
Kame
While all of these roads show well, the heavy gain Bait. & Ohio Southw.
Buff.
& Pitts...
during the last few years on the Southern Pacific is Burl. Roch.Rap. & No.
Ced.
Canada Atlantic
especially worthy of remark.
As for the Northern Canadian Pacific a...
Pacific and Canadian Pacific their record has been one C. FearA Yad. Val...
ICentral Vermont
INow London No. ..
of uninterrupted progress, these two roads having
tOKdens.dk L.Cham.
Chan. Rome & Col..
earned $40,942,131 in 1890, against only 119,716,917
Ttar.
2,621.023
«
1,967,520 1,491,635 1.386,622 1.181,326 1.067,093 1.021.088
1,128.810 3,876,199 3.060,123 2,670,632 1,823,195 1.300,828
6,696,706 6,052,950 5.773.261 6,229.315 1,871,828 1,383,108
Bonthem Padflc... 18.213.300 48.343.209 46.699.611 38.773.116 32,110,168 30.578.873
Texas 4 Paoiflc.
7,320.995 6,917,803| 6.371.386 6.183.769 8.012.305 5.826,101
ToUl
2.513.298 H.782.200 tl.673,943
1.111,023 1.396.981 1,807,301
GROSS EABNINGS AND MILEAGE IN DECBMBEK.
6.853.666
K.
.
$
1.193.187| 1,085,186
876.262
1886.
1886.
1887.
86,206.005 21.911.276 21 515.116 21 ,215,6 93 17.968.114
Total
0.119.064
Denrer A Rio Or
1888.
t
8t.L.A.4T.H.hr's..
Tol. 4 Ohio Cent..
1885.
8,796.452
Ul.
ChlcAWest.Mloh.
• All lines.
Tear.
1889.
1890.
77,176.128 611.119.916 60.350.705 58.596.195 60[380.959 16.966,131
* Bntlra Tatem.
: Includes Scioto Valley A New England and Shenandoah
TallOT In full for all the years,
t Exact receipts of the Richmond 4 Alleghany
for this Tear not known to us; we have, however, made aa arbitrarr allowance
for the same.
9 Not including St. Louis 4 Cairo.
a Fourth week Decemnot reported, tlsures for that week belnff taken dame as last rear,
ber
1
19.716.9i:
1889.
ItUeag*.
TTiereate or
Deereate.
1890.
2,457,122
108,474
572,873
105,508
12,865
48,697
204,255
148,863
2»8,997
+203,314
-5,754
+31,817
+37,107
1,046
39,.'J51
+349
+ 226,000
5,569
1,310,000
35,935
240,566
39,854
50,443
30,292
8,186
555,508
196,196
242,355
32i»,572
2,453,2:U 2,361,799
1,353,133 1,389,542
389,394
345,111
97,442
128,2871
5,233
4,025
5,000
5,156
52,999
57,670
+ 28,0S<i
^595
+28,509
+ 1,638
+ 3,925
+ 10,168
-18,753
—2,330
r374
+ 2,708
+ 1,030
+ 73,322
+ 11,566
+ 87,217
1889.
6,527 6,529
582'
582
1,329 1,339
526;
105'
86
281
304
142
338
504
100
118
140
43
931
398
436
536
105
86
381
304
1,046
143
5,407
345
604.
100
118
140
48
931
398
436
+91,435 5,657 5,678
-36,40.'*
3,354
3,257
—44,283
863
404
+ 156
863
478
47
«3
+4.671
S44<
+ 30,845
-1,208
47
ia
THE CHRONICI.K
104
Orou Eamingt.
Kamtof Koad.
1890.
1889.
S
Cln. N. Orl.ATei.P..
Ala Ot. Southern...
381,740
182,221
116.903
72,356
71,414
N.Orl.A Northeast.
Ala.
<Si
Vicksliurg.
.
Vicks.Sbrev.&Pac.
Cln. Northwe-fitern .
Cin. Wab. & Mich....
Clev. Akron &Col
1,954
.
49,270
75,115
53.000
& Canton.
Caev.Cin. Ch.&St. L.
Peoria & East. Dlv.
CleTeland & Marietta
Cleveland
1.192,132
141.639
29.375
174,465
Colorado Midland
CoL Hock. Val. & Tol
Colusa <& Lake
2U,C78
2.034
18,100
44,341
754.500
10,394
18,244
36,647
90,500
120,836
675,424
45,528
27,79o
88,366
246,263
143,131
26,220
78,574
178,170
37,093
15,668
1,448,709
307.023
88.491
4,886
17,000
1,176,08&
8.258
197.612
45.543
153,913
3,241
77,999
25,953
Covington & Macon..
Day.Fl. Wayne & Chic
Denv. ARioOrande..
Des Moines & North
Dte M. <fe N'weatern,.
Dct. Bay City A Alp..
Det. Lansing & Nor
Dul. So. Shore &Atl..
E. Teun. Va. & Ga...
•EUj. Lex.* B.Sandy
£vaiis. & ludianap...
.
Eransv.
<&
T.
Haute.
Flint & Pere Marq
Florida Cent. & Pen..
Fort Worth & Rio G..
Ga. South. & Florida.
Gr.Kapida & Indiana.
Cin. Rich. & Ft.
Other lines
W..
Canada
IChic.AGr.Trunk.
IGr. Tr. of
. .
tDct.Gr.Hav.&Mil.
Gulf & Chicago
Humeston & Shen
. .
XlUnois Central
CedarFalla&Miun.
Dub. & Sioux City.,
ilnd. Doc.
& West...
Iowa Central
Iron Railway
Jack'ville Southeast.
Kanawha 4fe Mich.. ..
Kan. C.Clin. &Spr. ..
Kan.C. Ft.S.&Meni..
Kan. C. Mem. & Bir.
•Kentucky Central..
Keokuk & Western
38.07(1
371.013
115,696
66,188
32,888
I-ake Erie All. & So
6,088
Lake Eric & Wcst'n b.
276.235
lichigb & Hud. River.
30.418
Little Rock & Mem..
82.663
Long Island
263.222
Loulsv. Evans, i St.L
125.546
Louisv. & Nashville.
1.630.500
Louis.N.Alb.&Chic.
221,690
•Lou. N. Orl. & Texas
294,883
Louisv. St. L. & Tex.
32.528
Lynch t>. & Durham ..
14.000
Jlemph. & Char'ston.
182.226
Mexican Central
601,224
Mexican National
350,496
tMexican Railway. ..
354,209
Milw. L. Shore &W...
220,645
Milw.A Northern.. ..
151,246
Mineral Range
11,046
Minn. & Bt. I^ouia
141,720
Mlnn.St.P.&B.SteM.
144.053
Mo. Kans. ^ Texas...
860.330
KansasCity & Pact
28,382
Mobile & Blrmlng ...
32,176
Mobile & Ohio
347,752
i
Kash. Chatt. ASt.L..'
347,202
Bow Orleans & Gulf.
20,817
K.Y. Cent. & Hud. Riv 3,083,956
N. Y. & Northern
36.707
U.Y.Ont. & Westc...
209,283
Borfolk Ji Westcrnd..
636.074
ITonhern Pacltic
2,2!i0.62]
Ohio & .Mississippi...
334.598
Ohio & Nortliwestern
19,336
Colum. & MaysvUlo
665
Ohio River
63,345
Ohio Southern
58,783
Ohio Valley of Ken..
20,059
Peo. Dec. A Evausv.
87,116
Pitts. Marlon <S Ch...
3.300
PIttsb. A Western....
161,746
Pitts. Y'oiings. i- Ash.
82,111
Pre.Hcott & Ariz. Cent.
11,088
Suin. Omaha diK.C.
24,078
Iclunond & Danville
500.940
Virginia Mid. Dlv..
193,950
Char. Col. 4 A.Div.
81,790
Col. A Greenv. Dlv.
75.980
West. No. Car. Dlv
79,180
Georgia Pac. Dlv...
197,700
Wash.Ohlo&W.Dlv
11,500
Ashe. A Spar. Dlv..
11.900
Bio Grande Western.
22;i.20>
Bag. Tuscola A Huron
7,487
Bt. Jos. AUr. Island..
77,233
Bt. L.Alt. AT. H.Brs
119,347
Bt. L. Ark. A Texas..
437,760
8t. Paul ADuluth....
114,.581
Br. P. Mien. A Man...
974,943
Eastern of Mlnn.e.
40,922
Montana Central...
116,484
Ban Fran. A No. Pac.
.57,713
Bav. Anier. A Mont..,
50,000
Seattle L. 8h. A East
37,100
South Carolina
146,000
Tciuic»«ee Midland..
2.'>,787
Texas A Paciflc
756,081
Tol. A. Arb. AN. Mich
97,316
Tol. Col. A Cinn
25,615
Tol. A Ohio Central.
128.287
Tol. A Ohio Cent. Ext
10.621
Tol. Peo. A West....
79,071
tpl. St. L. A K. City
142,311
. .
,
I
I
.
Wabash
(consol. sys.r 1.125,191
+ 2.831
197,0.59
—14,838
—1,875
1,120.671
137.838
20,965
118,510
184,936
1,932
16,277
40,746
689,500
6.178
20,306
30,788
89.301
133.146
627,495
43,569
25,572
80,387
210,307
122.035
7,438
45,597
175,793
36,297
16,120
1,508,238
317.510
87.725
5.056
17,936
1,365,440
7,068
188,979
39.655
145,184
3,008
52,125
22,000
24,123
433,239
124,267
60,210
37,750
5,675
254,048
22,470
68,308
230.045
93.759
1,654,053
195,296
281,723
34.229
3,250
184,162
611,677
329.759
300,752
252,949
114,126
9.377
126,330
174,554
824,370
23.395
29,823
322,326
309,265
22,029
2,981,531
42,801
162,133
623,199
1.601,375
357,385
20,788
836
49,929
41,696
18,332
75,770
2.223
172,657
94,819
11,400
25.120
503,700
177,200
81.76<i
79.300
72,002
190,881
9.893
10,554
109,825
6.634
159,224
104,287
488,846
90,905
730,632
66.182
77,802
44,431
21,696
28,244
119,841
24,726
819,469
96,345
24,470
111,464
8,397
78,796
146,103
1.119,339
Orotf Earningt.
liileage.
Increase or
1890.
Deerecue.
378,909
118,783
72.063
81.938
1.508
41.171
62,603
41,933
[Vot. LII,
Name
of Road.
1890.
—10,524
336
296
196
143
170
336
295
196
143
170
+446
8
165
194
167
163
194
167
62.076
273,777
83,734
355,389
7,385
$
+788
138
678
237
867
35
1889.
8
+8,099
,aoo
19BJ.
62,864
285,200
95.272
385.496
8,529
1889.
Mileage.
Tntrease or
1890.
Dtcreate.
+293
+ 12,512
+ 11.067
+71,461 1,714 1.714
353
353
+3,801
104
104
+8.410
287
287
+55,955
325
325
+59,682
22
22
+ 102
107
107
+ 1.823
259
259
+3.595
+65.000 1,499 1.517
43
43
+4.216
115
115
—2,062
232
232
+ 5.859
323
323
+ 1,199
—12,310
571
565
+47,929 1,263 1,133
139
130
+ 1,959
156
+2,223
150
150
156
+7,979
625
379
+35,956
574
574
+21,096
90
40
+ 18,782
152
+32.977
285
409
409
+ 2.377
86
86
+796
—452
72
72
—59,529 3,487 3,487
—10,487
335
335
189
189
+766
—170
6
62
—936
95
95
+110.648 2,275 2,275
76
76
+ 1,190
524
524
+ 8,633
152
152
+ 5,888
+8.729
509
509
+233
20
20
+25,874
415
316
+3,953
129
129
163
+ 13,947
163
—62,226
671
671
—8.571
275
275
254
+5,978
254
-4.862
148
148
+413
61
61
+22.187
722
722
+7,948
63
63
+ 14,355
135
135
+33,177
361
361
+ 31,787
386
321
—23,553 2,216 2,181
+ 26,394
537
537
+ 13,160 792 560
-1,701
121
121
+ 10.750
83
30
—1.936
330
330
—10,453 1,527 1,527
+20,737 1,218 1,218
+53,457
293
293
—32.304
692
651
+ 37,120 303 303
+ 1.669
17
17
+15,390
363
363
—30,50]
777
777
+ 44,960
1.651
1.651
+4,987
131
149
687
652
68
1,420
131
149
687
652
68
+ 2.353
+ 25.426
+37,937
-1,212
+ 102,425
—6,094
+47,150
+ 12,873
Western of Alabama.
West. N.Y.APenn. ..1
Wheel. A Lake Erie
Wisconsin Central .
.
.
A Tennille.l
Wrights V.
c New coal extension
Cinn. A Louisville included for both years.
Included for 1890, and Utica Clinton A Binghamton Includod for both
New England and Shenandoah
d Includes Scioto Valley aud
years.
Valley. « Prom October 1, 1890, the Great Northern runs its own
trains over the Eastern's track from Hinckley to West Superior. § 30
days in each year,
GROSS EARNINGS FROM JANUARY
Kame
Atch. Tojp.
1890.
of Road.
A
San. Fe....
Roads jointly own'd, ^a
St. Louis & San Fran.
Atlanta
Atlanta
A
Florida
A West Point...
Bait. A Ohio Southwest.
Buff. Roch. A Pittsburg.
Burl. Ced. Rap. A Nor.
Canadian Paciflc
Cape Fear A Yad. Val.
Chattauoga Rome A Col.
Chattanooga Union
Chesapeake A Ohio
Chesap. Ohio A Southw.
Chicago A East. Ill
Chippewa Valley
Cln. Georg. A Ports
Mack..
Cin. Jackson
Oin. N.O. A Texas Pac.
Ala. Great Southern..
A
N. O.
A
Northeastern
Alabama A Vicksburg
Vicksb. Shrev. A Pac..
Cinn. Northwestern
Cin. Wabash A Michigan
Clevo. Akron A Col
Cleveland
A Canton
A St. L.
Cleveland A Marietta.
Colorado Midland
Col. Hock. Val. A Toledo
Colusa A Lake
Covington A Macon..
Day. Ft. Wayne A Chic.
Deny. A Rio Grando
Clev. Cln. Chic.
Des Moines A North*n..
Des Moines A Northwest
Det.
Bay
City A Alpena-
Det. Lansing A North'n
DiUuthSo. 8h. A Atl...
East Tenn. Va. A Ga.
Evansv. A Indianapolis
Evansv. A Terre Haute.
.
A Pere Marquette.
Florida Cent. A Penln..
Fort Worth & Rio Gr"
Ga. Southern A Kla
Gr. Rapids & Indiana...
Cin.Rich.A Ft. Wayne.
Flint
.
61
371
963
Gulf AChlcago
Humeston A Shenand'h
.
Illinois
Central
Cedar Falls A Minn
Dubuque A Sioux City
. .
—171
19
+3,416
19
209
128
108
254
25
367
122
73
134
209
128
108
254
23
367
122
73
134
Kan. City Clin. A Spr. ..
Kansas C. Ft. S.A Mem..
Kan. City Mem. A Bir.
•Kentucky Central
Keokuk A Western
355
393
296
287
518
50
66
386
67
447
242
355
393
296
287
618
50
66
369
67
447
Lake Erie A Westerna..
Lake Shore & Mich. So..
+ 17,087
+ 1,727
+ 11,346
+1,075
—10,911
—12,708
—312
—1.042
—2,760 1,039 1,C39
+ 16.750
+ 24
—3,320
+7,178
+ 6,919
+ 1.607
+ 1,316
m3,375
+ 853
-81,991
+ 15,000
24*'
—51,036 1,227 1,227
+23,676
217
247
+ 244,311 3,010 3,006
—25.260
71
71
+ 38.682
+ 13,282
+ 28,304
+ 8,856
+ 26,159
+ 1,061
—63.418
+971
+ 1,175
+ 10,823
+ 2,224
+ 275
170
160
175
178
160
134
108
247
135
247
135
1,497
1,497
286
72
235
57
247
451
286
43
235
57
247
451
0i>
—3,792
+5,852 1.921 1.921
31.430.465
1,676,088
6,596,703
136,770
479,946
2,343,474
2,199,692
3,304,331
16,540,038
555.209
365.432
115,166
.7,708.767
2,156,006
3.245.591
Chic. Slilw. ASt. Paul.. 26.810.783
Chic. Rocklsl. &Pac...: 16,971,131
Chic. St. P. A Kan. City.
4,349,488
Chic. A West Michigan.
1,604,405
61
1,033
35
* Three weeks only of December In each year. tFor four weeks ending
December 27. a New Brunswick included both years. 6 Ft. Wayne,
423
+679,246 4,089 3.460
-22,78"
623
623
—1,452
106
106
+30,107
+1,144
138
678
187
828
Total (157 roads). .42.343,054 39,560,054 +2,783,00o!91,.^O3 89,076
Other lines
tGr. Trunk of Canada.
tChic. AGr. Trunk. ..
tDet. Gr. H. A MUw...
1,420
+ 11,423
+ 11,538
Ind. Decatur
A West
Interoceanic (Mex.)
Iowa Central
Iron Railway
Kanawha A Michigan
L.
Erie Alliance
A
.
So...
A Hudson River
Little Rock A Memphis
Long Island
Lehigh
Louisv. Evansv. A St. L.
Louisville A Nashville..
Louisv. N. Alb. & Chic.
•Louisv. N. Orl. A Texas
Memphis A Charleston.
Mexican Central
Mexican National
tMexican Railway
Mich. Central A Can. So.
Mllw. Lake Sh. A West.
Mineral Range
Minneapolis & St. Louis
Minn. St. P. & 8. Ste. M.
Missouri Kan. A Tex,.
Missouri Paciflc
146,395
67,025
665.926
4,417,857
1,965,963
1,240,638
685,308
625.376
20,437
584,030
854,596
580,000
13,235.039
330,071
1.S97.126
3.020.858
23,428
151,500
500,390
8,796,452
117,280
216,989
517,430
1.214,778
2,216,255
7,486.173
304,007
1.040,967
2,920,396
1,210,741
194,422
750.263
2,597,090
468,386
215,773
19,832,321
3,743,793
1,120,909
44,770
163,798
14,661.943
98,310
2,077,370
456,081
1.500,000
1,676,711
37,027
339,353
437,987
4,781,917
1,214,718
1,073,956
369.702
67.954
3.068.348
20,874,200
351.946
617,169
3,956,713
1,339,089
19,139,832
2,655,741
2,993,089
1,847,523
6,389,910
3,717,527
4,0(59,477
14,340,000
3.834,552
123,085
1,518,290
1,995,837
8,632,676
14.579,431
St.Louisl.M. ASouth'n 10,373,048
Moliilo A Birmingham
272,479
Mobile A Ohio...?
3,444,279
Nash. Chat. A Bt. Louis
3.784,031
New Orleans A Gulf
159,190
N. Y'. Cent. A Hud. Riv
36,238,041
New York A Northern
511,199
N.Y.Ontario A Wesfn6
2,352,635
Norfolk A Westernc
8,518,346
.
.
1
TO DECEMBER
1889.
26,686,747
1,449,716
6,052,950
94,738
462,427
2,178,143
1,948.691
2,986.542
15,342,184
398.382
282.314
107.112
6,149,998
2.134,194
2,679.515
25,900,219
16,697,577
3,486,254
1,374,832
137,388
65,680
622,985
3,937,658
1,901,887
1,057,612
612,241
626,876
19,103
531,098
742.322
448.612
12,675.412
263,650
1,598,274
2,524,655
26,165
116.607
499,253
8,016,603
62,461
189,211
486,525
1,131,986
1,920,832
6,413,751
313.669
935,174
2.370,133
1,135,272
78,610
333,817
2,291.166
446,724
204,566
19,837,345
3,608,511
1,037,825
44,437
158,367
14,199,041
94,370,
Increate.
4,743.718
226.372
543,758
42,032
17,519
165,331
251,001
317,789
1,197,854
156.827
83.118
8,054
1,558,769
21,812
566.076
910.564
273,554
863,235
229,573
9,007
1,315
42,941
510,199
64,076
183,026
73,065
1,334
52,932
112,274
131.388
559,627
66,421
298,852
496,203
34,893
1,137
749,849
54.819
27,778
30,905
82,792
295,423
1,072,422
105,793
550.263
75,469
115,812
414,446
305,924
21,662
11,207
135,282
63,084
333
10,431
462,902
3,940
256,444
50,855
522,613
150,473
1,820,926
405,226
1,037,387
1,526,238
40,738
282,139
57,164
281,056
156,931
4,819,219
1,084,718
130.000
1,036,053
37,903
356,159
13.543
63,143
4,811
2.835,433
232,915
19,487.196 1,387,004
270,816
81,130
610,153
7,016
3,503,950
452.765
1,151,111
187,978
18,011,298 1,128,584
2,495,823
159,918
2,856,369
141,720
1,729.164
118.369
6,337.225
52,685
3,660,124
87,403
4,104,582
13,786,923
653,075
3,474.665
359,88"
109,775
13,310
1,447,938
70,352
1,651,412
344,425
7,320,182
832,194
13,460,033 1,119,398
10,033,434
839,614
236,250
36,229
3,053,884
390,395
3,305,723
278,909
182,140
36,036,599
202,042
581,786
1,975,123
377,512
7,176,1291 1,342,217
31.
Deereaie,
January
yamt
THE CHRONICLE.
17. 1861.1
1890.
of Road,
1899.
Inertate.
$24.102,09H 921,741,891 92,660,303
Northern Pucldo..
81,874
086,176
708.030,
IOkiIdim. a l.iiko Cham.
63,043
4,080.889
4,111.031
Olilo * MlHHi»slp|)l...
7,205
219.014
220.8191
Ohlf> A NiMihwfHtorii
11,020
(>>tiiint)im A' MifcydvlUe
».:«I3
97,385
589,771
087,1S01
Ohio HIvm44,873
522.638
Ohio 8oiitInM*ii
^67.510,
169.218
61,356
Ohio Vftl. of Ki>ntiicky
230.874
4.^,607
741,369
Peorlft UiH-, ,t Kvan.HV..
787.060
15,105
Chip..
21,928
rittsh. MiuMim
37.0331
56,634
2,179,555
PlltrthurK A- WcHtcrii
2,230,189
326.397
1,144.978
.Vsh..
1.37 1. 375
Plttrtl). YoniiKrt.
128,508
0,080
131,591
ProRoott A Ariz. ("out.
4,228
2.50,400
2.M.628
Quiuoy Oiimhu A K.
301,823
8,543,813
Rti'hnuind A Hanville..
5.008.«>36
106,808
2,149,201
VlrKliiliiMldlanil Olv.
2,31S,899
46.585
888,826
Chnr. Col. A- Amc. Dlv.
035,411
92,717
802,398
709,081
Col. * (iroi'iiv. Dlv...
78,011
807,128
915.172
Wc9t. No. Ciiro. Dlv..
427.272
1,497,759
l,92.'i,031
OoorRlu Facitlo Dlv...
25,522
125,807
Wash. Ohio AW. Dlv.
151.389
23,373
121,225
144,598
Ashev. & Spur. Dlv...
475.885
1.967..'>20
1,491,035
Rio Orftmlo WVsteru
351,346
Rome Watertowii & Og. 3.937.512 3.580,100
100,990
101,925
SitK. Tuscola & llurou..
17,933
1,267.058
1,285,.593
St. Jos. & Gr. l,<lau'l
216,102
1,110,427
1,320,589
St. L. Alt. AT. II. rsr'chs
252,611
4.12,-',810
3,870,199,
St. I., Arkai MH A Toxns
191,300
l,.3OI.9S0
1,493,370
St. Paul & Duluth
8.733.093 1,402.100
10,130,093
BU Paul Mliiii. & Mun.
60.118
735,00
063,883,
E.'ksterii of .Minn
868,582'
272,597
1.141,179
Montana C'ontral
42,490
750,893
799,389
Ban Fran, it .Vo. Paciflc.
1.55,209
248,245
403,454
Savannah Amp .AMont.
285,111'
130,973
422,034
Seattle h. B. A Eastern
1,354,223
197,980
South Carolina
1.552,203
Buuthorn Paoiflo Co
(M8,243,300 40,343.209 1,900,091
19.'>.833
23,713
219,551
Tennessee Midland
403,192
7,320,995
6.917,803
Taxes A Paciflc
120,009
1,134.310
1,011,307
Tol. A. A. ANo. Mich...
53,202
3U,479
238,217
Toledo Colural). A Cln..
1.49ii.494
212,845
1,253,049
Toledo * Ohio Central..
95,905
13,407
Tol. A Ohio Cent. Ex....
109,312
18.200
Toledo Peoria A West'n.
937,231
918,965
468.721
Tol. St. L. A Kan. City..
1,085,203
1,5.>3.920
66.208
Wfthash (oonsol. 8y.stcui) 13,0.')1,1S3 12,984,975
2,707
Western of Alabama
502,404
539,697
3,443.4lll
We.stern N. Y. A Pcnn..
152,523
3,505,934
Wheeling A Lalcc Erie ..
913.070
249,078
1.102,748
Wisconsin Central
4,267,907
950,034
5,223,941
WriRhtsville A Tcnnille.
91,009
80,902
10,167
.
.<:
.
.
>t-
C
.
.
.
106
waa47^d., then it rose to 47^d., on Wednesday to 48d., on
Thursday to 48^d. and yesterday to 48^d, Silver securities
advanced with the price of the bullion, but just now there is
very little speculation in them, or indeed in any other depart$1,603 ment.
The last settlement of the old year on the Stock Exchange
began on Saturday and ended on Tuesday evening. No diffl*
onlties arose, though since it ended there have been two
small failures, with insignificant liabilities. The accounts to
be arranged were unusually small. Stock Exchange borrowers obtained all the money they wanted at 5 per cent, and the
carrying-over rates within the Exchange were low. In the
American department they ranged from 5i^ to 6}^ per cent.
On British railway stocks rates were very light, ranging from
Dtcrta»f.
about 8 to 4 per cent, while in some three or four cases there
was such a scarcity of stock that a rate to postpone delivery
2,065 had to be paid. In the foreign department rates ranged from
about 2 to 4 per cent, and on Argentine securities ranged from
5 to 8 per cent. The general inference to be drawn from these
rates is that during the preceding fortnight speculators both
for the rise and for the fall had been closing their account?.
Partly owing to the settlement, partly to the end of the year
and partly to the fact that New Year's Day (Thursday) was a
holiday, very little business has been done this week. In the
American market there was utter stagnation. The public ii
holding altogether aloof, and even professional speculators are
venturing little. Prices are regulated entirely by the quotations from New York. If they come good, then prices are put
up if they come bad, they are put down. With regard to the
foreign market the speculation here for a considerable time
past has been chiefly on the bear side, but bears lately have
been closing and the market now is entirely regulated by the
French and German Bourses.
In British railway stocks the movements, though not very
192,306
Total (133 roads) .... 589,429,058 544,889,038 44,732,320
Net Increase
44,540,020
considerable, were generally upward, partly through bears
buying back and partly in anticipation of re-investment of
* Three weeks only of Decembor In each year.
t To December 27.
a Ft. Wayne Ciu. A Louis, included in both years.
the dividends that will be declared during the next five or
b From July 1 Includes Utica Clinton A Blng. in both years.
Strange to say, too, there has been a general ree Includes Scioto Valley A Now Eng. and rihenand.Val. In both years, six weeks.
d December partly estimated.
covery in Argentine securities. The condition of the Republic
is as bad as it well can be short of the outbreak of actual civil
war. The Grovemment has to compromise with its creditors,
the provinces are defaulting, and so are the unfinished rail[From our own correspondent.]
ways. Yet the prices of not only the sterling bonds, but even
London, Saturday, January 3, 1881,
of cedulas have somewhat advanced. The most activity in
During the first three days of the week, which were the any department was in the market for brewery shares.
last three days of the year, there was a strong demand for gentleman, who was President of the Dublin Stock Exchange,
loans at the Bank of England, where per cent was uniformly had speculated very largely not only in Guinness's and Allcharged. In the outside market the rate of interest for short sopp's, but also in other English companies, as well as in
loans ranged from 5 to 5^ per cent. On Thursday, however, the American and German. The recent crisis defeated aU his caldemand fell away, and at present the expectation is that next culations, and just before Christmas he absconded. On Monweek there will be a plethora of money. The rate of discoimt day last ho was declared a defaulter on the Dublin Stock Exin the open market at the beginning of the week was 4}^ per change, and the result was a heavy fall in the securities in
cent, on Wednesday it fell to 4 per cent, on Thursday to 3?^ which he had been interested. Guinness's stock, which was
per cent and yesterday to 3Js per cent. It is predicted that on Saturday quoted 313, that is, a premium of 213 per cent,
n<^xt week it will be under 3 percent, because the interest on fell to 301, and there were proportionate falls in other stocks.
the national debt wiU then be distributed and there will also Since then, however, the greater part of the fall has been rebe various other distributions of dividends and interest. The covered.
probability just now is that rates will be forced down by the
This week the Argentine Government notified Lord Rothscompetition of bankers and bill-brokers until a drain of gold child, as President of the London Committee, that with
seta in, and then there will be a sharp rebound.
certain reservations it accepted the recommendations of his
There is much discussion here at present as to the meaning
committee, which it will be recollected were to fund for three
of the figures of the Bank of England return. Your reader
years all payments due from the Government for interest and
;
A
will recollect that the Bank of England has undertaken to
guarantees, the amount so funded to be represented by 6 pet
pay the acceptances of Messrs Baring Bros, as they fall due cent bonds, secured upon the customs revenue. The arrangeWhen it does so, it takes as security for the advance it has ment is very favorable of course for the Government, as it
made some of the Baring assets. The amount of "other se- gives it three years' breathing time. It is favorable, also, for
curities" in the banking department is now not far short of
the guarantors of Baring Bros. A large part of the Baring
33}^^ million sterling. The question is, does this increase mean
assets consists of the debentures and shares of the Buenos
that the Bank of England has paid a part of Baring Bros,
Ayres Drainage & Waterworks Company. As part of the
acceptances and taken security from their assets, or does it plan the Government buys back the works, giving 5 per cent
mean that in consequence of the crisis we have just passed bonds of the nominal value of 6J^ millions sterling. Practithough the borrowings at the Bank of England are largely cally, that is to say, the Government engages to pay an anincreased. The other deposits in the banking department nuity of £337,500 a year to the company, the company on its
amount in rotmd numbers to 33 millions, being about 5}4 mil- side being bound to complete the works. The Government
lions more than at this time last year; but this is held by some will then take them over and work them itself. The original
persons to be due to the action of the joint-stock banks in swell- estimate was that the company would receive £800,000 a year.
ing their balances at the Bank of England for the purposes of
To the sterling bondholders, however, the arrangement is
their half-yearly balance sheets.
considered by many very unfair. The mortgage of the 1888
The silver market here is almost lifeless. It moves in re- loan upon the customs revenue is recognized, but all the other
sponse to the movements in New York, but has no initiative loans which were secured upon the general revenues of the
of its own.
The price of silver at the beginning of the week company will rank, so far as the customs are concerned, aftet
THE CHRONICLE
106
l-VOL. LII.
I
new loan pf about 13 millions sterling.
be riecoUected that the customs are the main item of
the 1886 loSn, and the
It is to
revenue. '6n Wednesday the Government of the provinces of
Entie Rios and Cordoba announced their inability to pay the
January inteiJ^st on their debt. On Thursday the Argentine
North Eastern Railway Company announced that the Government had not paid the interest guaranteed by it, and that the
contractors had found about two-thirds of the amount required to pay the interest on the bonds. Two other railroad
companies have completely defaulted. The other Argentine
The following shows the imports of cereal produce into the
Onited Kingdom during the first seventeen weeks of the season
compared with previous seasons :
IMPORTS.
1889-90.
1888-89.
g90-9l
188788.
20,172,801 23,106.613 10,557,257
7,232,231
Barley
9,160,483
9/279,231
0,068,375
4,980,129
Oats
4,579,367
0,118,174
5,874.866
Peas
595,606
515,2,35
712,199
1,225,007
Beans
1,282,41)0
956,848
950,937
796,270
Indian corn
9,347,555 10.038.388
7,697,551
7,617.569
Flour
5,698,014
5,423,919
4,787,199
6,261,392
Supplies available for consumption (exclusive of stocks on
1
September
pleted railways will have to do the same. Neither the Government nor the provinces can fulfill theu- guarantees. The
1890-91.
A.
to fight tiU the last.
All that
certain
is
week
London
Bank
Jt
is
s
- 5>i®5H 6H®6^ 5M®5«
- *«®5 4ii®5 4Ji®5
*M®- *H® -i*«® - 4H@8 V^i 4M®S
tme - 4«@ - IH® - 4Ma6 m®f> %H®6
4X®- iH® - iH® - 4S<®5 4Ji®5 '4H®8
^9 - 3K® - SHO, -iH®iii ^H®iM 4M®4}i
•'
"
6 6
12 E
19 6
a
n
"
Jin.
2 6
The Bank
SH
Shi
sa
3«
an
January
December
December
26.
Bank
Bank
Open
Rale. Market
Paili
Bank
Market
Bate.
3
6«
6«
4«
4X
4«
Amiterdam
6«
6«
in
4W
3
6
S
iU
Hi
S«
iH
5%
6«
6«
*H
Brussels
3
z«
a
tUOlii
5M
6%
^%
4M
2«
4
4
4 nom.
.Vienna
Bt. Petersburg
5W
5«
4«
BerBn
RamtmrE
Frankfort.
...
Pt>penliagen..
4
m
nom
a
4
4
noTT'.
4X
Olrculatlon
57%
&
llb^
Nashville..
Public deposits
8,821,359
32,990.230
0,101,882
i»,0O4,777
8,376,857
20,538,400
23,407,3.38
9,800,433
14,»6ti,101
14,480.888
14,243,230
33,118,856
27.810,287
9,308,884
29,301,102
22,242,882
11,08J,811
11,556,489
17,783,374
27 3 16
19,388,171
ether
securities
securities
*•••"«
14,801,664
Oolnand
23,465,8.31
bullion
Prop, assets to liabilities per ct.
.
"ikrate
OoMols
OlearlDC-Uouse returns
Messrs. Pixley
37
perct.
5
asjj
126,623,000
& Abell
*'''°^'
183,453,000
Banks.
.<2in«S'«r^'fr^ ""•'''.*''' J™P'''i^'«''
of liettor rates
Mcmraoe
~£!^X?n
»h.^
?"!
from
'?>^,V'''
"""T?
New
181,838,000
towards the end ol the Tear,
Total
Since Jan.
OOLD.
London Standard.
is
ZOdwts.sllTer..oi.
Span, doubloons. OS.
fl.Aio.doubloons.oi
77
19%
20^8
101
58 14
72%
53I2
I714
4878
49I2
211s
5314
17%
47%
20%
2014
following
national
bankj
have
:
.
of "The Parmer.s' & Mei-ohauts' National
1,779), expired at close of busiuess Janu-
NBW TORK.
to-day 48ied
^^^-^
1889.
1890.
1891.
5,567,978
$1,020,1001
7,895,660
$3,222,423
6,535,581
$9,133,005
$11,915,760
$9,808,004
$6,938,681
$4,7-22,349
14,188,074'
$3,226,745
12,998,057
$18,346,178' $21.126,755
$19,224,802
$16,443,002
$3,.565.027
$5,818,339
12,527,839
weeks
Arriv?,?B
11,720,653
:
"^^Zfz
EXPORTS FROM
NEW TORK FOR THE WEEK.
1888.
1889.
1890.
1891.
SILVER.
1.
Dec. 23.
London Handard.
Jan-
For the week..
Prev. reported.
Bargold, flne....oi.
Bar ttold, ooutaln'g
73 12
167e
4814
*3,473,714]
7,015,896i
for bullion are reported as follows:
Jan.
72%
21%
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. 13 and from January 1 to date
in con-
Inquired for, and are betlpr
^^^^ ^-''-
101 Is
5914
105
1
Dry Goods
f 25.000. 8bipmcntR-To Bombay, *70?6oo'
I'a'feJieeu somewhat
^'o''?hri'!.';,v;re"^trnf,;;^^s!,«e7^;'-'
The quotations
and
79%
74%
75
17 14
$10,489,610
Geu'l iner'dise.
eiilpments-Dec. 25, to Bombw
*27;500j PenanK,1r22,5ortotYi;
Yorlj,
—The
1888.
Dry Goods
write as follows
'=*^''"'**'
IIII4
SO'e
53I8
14
101 la
111
1061a
2112
10113
58I4
52 14
FOBEtON IMFOBTg AT
Total 2
'*'*""'
107
71
I912
Qen*l merMise,
Sl54;!icJS:
80^8
77
56
57%
73%
7II4
18il4
For Week.
4
demnnd continues, and all amounts on offer have
•r,«S'?~'"^S* .^"'"^
?J'.,";f„''.'''"',''.''.".y"»A„J''e Bank ha.i received since our last £286.000
??jroy,?I?'«^i°°**= *"*»•• iiaS.OOO.
2078
101
77I3
105
38
98M
•
180,982,000
6,799,331
20s<
5
6 (Deo.SO)
97
79 14
74
107
58I4
48 14
20,184,214
SoTemment
IIII9
104 14
112
Imports and Exports for the Week.— The imports of
week, compared with those of the preceding week,
show an increase in both dry goods and general merchanThe total imports were §9,808,001. against $6,634,998
dise.
the preceding week and $6,301,343 two weeks previous. The
exports for the week ended Jan. 13 amounted to $6,643,488,
against $6,608,447 last week and $6,013,946 two weeks previous.
The following are the imports at New York for the week
ending (for dry goods) Jan. 8 and for the week ending (for
general merchandise) Jan. 9; also totals since the beginning
of the first week in January.
24,807,746
Other deposits
102
last
i.
24,479,360
123
567e
7778
5818
ary 10. 1891.
£
21,67:1,490
105%
123
Cashier.
18S8
23,114,170
105%
123
77
57%
17'2
nam-
Jan.
2.
£
741s
1061a
2116
1003j
105%
4,497 -The N.iiioual Bank of Hohart, N. Y. Cajutal, $50,000. James
R. Cowau, President; James A. Scott. Cashier.
4,498-The I'lieblo National Bank, Pueblo, Col. Capital, SF'50,000.
Andrew J. McClollaud, President; Georjre W. Robinson,
4«
1889,
973,8
973,8
95-45
10514
1221a
4,490— The National Bank of Cookeysville, Md (Japital, $50,000
Joshua F. Cockov. Jr., President; Wm. H. Buck. Jr., Cashier,
54
Jan.
1.
79^
52%
16%
48%
The corporate existfnoe
Bank of Vamlalia," 111. (No.
4H
18C0.
Jan.
S
1
103
II514
52 14
N.vTioNAL
:
18W).
SI.
76Te
Fri.
48
©oinmcrctat and mtsccllaueoiis ^exus
The followmg return shows the position of the Bank of
England, the Bank rate of discount, the price of consols &c.
compared with the last three years
Dec
75^8
Union Pacitic
Wabash, prof
2«
4
106
124
106
124
Phila(felphia& Reading.
m
4
4«
iii
481a
9714
recently been organized
3
6«
4H
5Mi
4W
Thurs.
.
a
3
3
Wed.
4812
971,6
Pennsylvania
Market
3
a
345,500
9618,^ 96i<.» 97 14
97%
96'i8
95-55 95-2712 95-27ia 95-47ia 95-35
*
Open
Rate.
Rate. Marks'
Open
'
.
12.
Bank
Open
9d.
1889.
2,238,500
170,000
226,00
Tues.
78'4
7414
N. Y. Central & Iluflson. in6>a
S. Y.Lake Erie &\Ve8t'u' 2013
100
do
2d cons
Norfolk & Western, pref 5fl \t
7014
Northern Pacific, pief .
Rates of
Interest at
fr.
Louisville
3ii-S}4
December
19.
1890.
1,697,500
207,009
48%
96%
Mexican Central 48
and open market rates at the
now and for the previous three weekf
2.
30s.
Hon.
967„
eta.
Lake Shore
rate of discount
chief Continental cities
have been as follows:
7d.
48»2
96Ui.
Chic. Mil. & St. Paul.... 56%
102
niinois Central
3X 3H-3H
S
30.1.
Sat.
U. e. 48of 1907
Canadian Pacific
4« iH-m
SHfiHSM
3M 3H-3«
SW SH-3W
i
29;. lOd.
4314
d
Fr'ch rents (in Paris)
U.S. 4128 of 1891
Four
Six
Stock At ItoU
Months Months Monfts Months Months Months Banks. Call. Cai/v
'tH@-iH<S) -|i«@
S«®- 3J«@ - 4 ®
KOT. 28 6
Dm.
37,988,561
1887-88.
363,000
504,500
Consols.new, 2% icr
do for account
\DUe't H'>.
,
,
41,447,623
1888-89,
The daily closing quotations for securities, &c., at London,
are reported by cable as follows for the week ending Jan. 16:
ago, but
Inttrett allowed
for devoslts try
,
44,324,653
1889-90.
Enelt*]> Financial .TIarkets— Per Cabla.
Ihree
Six
1887-88.
16,537,257
6,261,393
15,169,912
Last 'oeek.
1,779,000
Loncton.
Trade BUls.
Bins.
Four
Three
3,423,919
12,917,091
360,000
396,000
This week.
Flour, equal to qrs.
Maize
qrs.
Stiver, per oz
Open Marha Rates.
3d.
1888-89.
23.106,61.'!
qrs. 1,652,000
Wheat
The wheat market is quiet.
The rates for money have been as follows:
J
English wheat, per qr.—
328.
verage price, week
1889-90.
20,172,864
5,098.014
18,453,775
2y.'<. lid.
328. 7d.
298. lid.
Average price, seasou.. 32s. 2d.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
advances required.
The railway strike in Scotland still continues. The com.
panies allege that they are rapidly getting all the labor they
The men, on
require, and will soon triumph completely.
Iheir side, declare that they are quite satisfied with their po-
and mean
40,684,307
Total
contractors have not the means, though they have bound themaelves to pay the interest during construction, and nobody
supposes that the financial houses or banks will make the
that trams are running more generally than a
business is stiU greatly restricted.
1):
1890-91.
Import8ofwlieat.cwt.21.668, 184
Import.« of flour
4,767,199
Sales of homo-grown 14,228,«24
provinces, with the exception perhaps of Buenos Ayres, are
all expected to default, and it is feared that aU the uncom-
sition,
cwt. 21,608, 184
Wheat
U
78 00
1.
a.
Bar silver
oi. 48«
Bar silver, containing 6 gra. gold.
Cake silver
Mexican dols
Dec. 23.
$4,949,847
6,680,795
Total 2 weeks..
$11,630,642
$5,792,487
8,203.137
$7,659,386
4,230,179
16,642,483
0,608,447
$13,995,624' $11,889,565
$13,250,930
d.
fH
;
1
.01. 48!ii
oi. 51 16.18
61K
oi. 46?<
46>^
The following
at the port of
1.
1891, and
1889:
shows the exports and imports of specie
N.Y. for the week ending Jan. 10 and since Jan.
table
for
the
corresponding periods in 1890 and
Januaby
THE CHRONICLE.
17, 1891.]
—
xroBia AND iMroBTS or bpboib at hbw tobk.
Importt.
Exportt.
aoiii.
$11,250
18,291
1,975
100,930
Sttiee
Jan.
1
$11,230
1,975
100,930
$8io,3ii6
$132,440
117,061
231,902
$131,979
62,061
206,002
Total 1891
Total l8tK)
Total 1889
2,484
$371,751
2,484
io.vio
Auicrlon
otlu'roomitrloa..
Boiilli
kU
Week.
ShieeJan.l.
Wetk.
Orent Rrltnlli
rmiiip
47'.22V)
$363,213
67,334
128,103
$421,467
124,194
324,410
StneeJan.l.
$147,400
40,000
rriiiu-i<
Siiil)
Since Jan.
1.
$5 16,800
162,000
"s.ii'o
Great Britain
Week.
Germany
West Indies
Mcxloi)
.........
South America
All other cuuntrtoa..
—
—
'
'sioOT
$8'.607
92,775
3,018
16,235
92,775
3,018
16.464
$684,249 $120,035
.fl20,2(!-l
939,698
6.560
25.l7(i
5,313
219,731
18,714
l(i7,331
Of the above imports for the week in 1891 $238,191 were
American gold coin and $1,165 American silver coin. Of the
exports during the same time, $109,5.59 were American gold
$192,849
486,723
Total 1891
Total 1890
Total 1889
Mr. E. C. Rohni', Chairman of the Finance Coinmittce of
the Board of Park CoinmiiwionerH of IjouLsville, Ky., invites
sealed proposals for any number, ur the wliok', issue of $600,000 Park Bonds of the City of Louisville, dated July Ist, 1890,
due in 40 years. Interest 4 jjer cent per annum, payable
,Jaiiu;iry and July at the National Bank of the Koptibiic in
.New York. These bonds are secured, princi|)al and interest,
by a first lien on all park property acquired or U) t>e acquired.
The Soalward National Bank of this city has elected ita
officers, notice of which will be found in our advertising
columns. Mr. Stuart C. Nel.3on, Cashier of the b.Tnk since its
organization, was elected Vice-President, and Mr. John F,
Thompson, the Assistant Cashier, now becomi's the Cashier.
Houston & To.xas Central new firsts, consols and dobeatures are now being delivered by the Central Trust Company.
The new generals will be ready February 2. The terms of the
exchange may be found in our advertising columns.
Messrs. Kuhn, Loeb & Co. offer to investors a round
block of guaranteed stock, tree of taxes, of the Rensselaer
Saratoga RR. Co., dividends guaranteed in perpetuity by the
Delaware & Hudson Canal Co.
—
Importt.
Exp>ortt.
Stiver.
Week.
107
coin.
&
—
Parties looking for investment in street railway bonds
will be glad to notice the advertisement of Messrs. John H.
Co. in to-day's Chronicle.
Davis
&
—The engraved certificates for Virginia consols
are being issued by the Central Trust
der of temporary receipts.
&
and
Company upon
10-40B
surren-
Sloane.— The business of the well-known BroadW. & J. Sloane has been taken over by
same name, having a capital of $3,000,000, which was taken by the former partners and no new
stock was offered for sale. The board of directors is made up
of the members of the old firm, Messrs. John Sloane, Wm. D.
Sloane, Henry T. Sloane, Walter W. Law and Alvoni R.
IV.
J.
way
The receipts of
Wdek ended Jan.
flour and grain at the seaboard ports for the
10, 1891, follow:
Ftnur,
Wheal,
Corn,
Oaii,
Barley,
bwih.
bhts.
bufh.
bu»fi.
hu9h.
At
buth
ewYork
67,200 536,900 497.000 76.400
126,446
124
BMton
37.601
1.000 178,2'i5
83,850
6,230
3,880
Montreal
7,229
82.822
7.074
41,018
6,448
2,563
PhUsdelphla..
13,113
8,549
61,369 111,913
2,400
Baltimore
48,439
12.425
99.429
77.662
8,057
Rlohmoud ....
."),100
2,667
4,518
20,192
626
3,l.i0
NewOrleaiu.. 10,219
40,030
20,772
—
Total week.. 243.58^
Oor.
week
182,377 927.655
218,128 3,253,326
'SO. 263,869
The exports from the several seaboard ports for the week
iq. 10, 1891, are shown in the annexed statement:
Wheal.
Hew York
Corn,
BwH.
ftonxr^
B««A.
114,060
65.695
73,559
Bee ton...
Portland.
Montreal.
Flour.
Bblt.
59.009
50,9J1
Sye.
Buah.
7,403
Peat.
Buth.
Oatt.
But''.
20,821
...••.
12,000
Baltlra're
S. Orl'ng.
39,:i4l
35.005
65,377
4,485
H.News..
Blohm'd
•...*.
31,379
74,59i
1,750
131,560
Rallroada.
Central Paei So.
Lake E. & West, pref. (quar.)...
Mill Creek & Mine Hill Nav
MllWkec L. Hhore & West
I,.
Hhorc
& West. pref..
BR
Mount Carbon & Port Carbon
Sehuylklll VaUo.v Nav. &
t'lrc Insurance.
Broadway
Continental
Carragul
'.
National
234,822
238,.=i32
7,403
222.571
376,007
26.762
603
64.800
grain, comprising the stocks in granary
at the principal points of accumulatioii at lake and seaboard
ports, and In transit by water, Jan. 10, 1891:
Com,
frtwA.
2,0ii3,35l
atloat
176,000
Albany
BalTalo
1,717.420
142,000
6,536.372
afloat
Cnioago
Milwaukee
Dolnth
Oats,
buth.
Wheat,
In etore at—
New York
buth.
278ii'33
3,.534.282
""i'-ri
916,641
Detroit
Oswefto
8t. Louis
Cincinnati
25-1,762
191,210
50,018
80,000
656,261
1,000
96,580
Boston
Toronto
Montreal
,
,
Phlladelplua...
Peoria.
Indianapolis..,
Kansas City..
Baltimore
fe'r'.";:;:!
On Mississippi
On canal ic river
Tot. Jan. 10. 'Ol.
Tot. Jan. 3. '91.
Tot. Jan. 11, '90.
Tot Jan. 12, '89.
liiO.397
"6,178
60,551
I01,t>62
57,523
48,398
150,168
250,612
617,316
49(i;<i2i
3,313
1,897
14,319
18,326
165.483
66,142
common
.
&
&
River Gas
National Corilago pref. (quar.)...
ISist
31 'Jan. 16 to Feb.
31 Jan. 21 to Feb.
2lJan. 16 to Feb.
Northwest E:iiui|iiiicut (quar.)....
Northwest E.iuipment extra
Proctor & Gamlile pref. (quar.)
117,420
24,900
27.5".43'6
93.000
156,195
1,000
14,831
177,6V7
167,553
74,342
13.000
140.489
86,352
24,936
95,.^^9
26,2cl6
38,379
61,859
*
50,914
21,300
3,003
108,200
25,519,263 ,2,814,916 3,770,769 440,471 3,810,391
2.757..505 3,795.603
476,5014.059.344
33,173,421 10,m33.69i 4.935.269 1,230,867 2,231,231
37,498,54111,812.242 8,434,103 1,687,251 2,611,381
Des Moines,
annum
for Ist,
1
—
:
127 938
184.u<'0
957
—The New England Loan & Trust Company of
for
.\iictIoii Sales.
The following wore recently sold at auction
by Messrs. Adrian H. MuUer & Son
400.00-
""'538
30,200
and 6
1
333,136
'l 8.6 16
4,426
2
For Ca months at rate of 5 per cent per
2d preferred— hereafter quarterly.
25,8 47.075
has a paid up capital
Land
B. Clafliu Company Ist pref..
H. B. Clafliu Coiupauy 2d pref...
Ool. A Hockinj; Coal
Iron pref.
Distilling
Cattle F'd'g (m'tMy)
II.
329,925
461,230
3,573
18,:326
5.791.045
7,800
liOHton
H. B. Clatlin Company
.
Toledo
55,000
1,889.167
11.000
16,370
103,335
243,526
158,159
20,550
Bye,
buth.
buth.
18,658 2^1,898
8,000 130 01J0
18,200
50.800
39,011 1,165,765
647,311 1,541.478
8.300
74,000
51,60» 112,000
181,497 273,363
770.6'.;8
.....
Standard
Williamsburg
Trust 4;uiMi»tute*.
Holland (quar.)
iidiiK'.elluneuua.
The visible supply of
Shares.
Shares.
100 A-mer. Bank NoteCo...40-12i2
10 Morris European-Amer.
Expiesi. limited
46
40 Germ.an Ex. Bank
335
43 Union Square Bank
190
25 German- Amer. R. Est.
10
40
50
25
50
Title Guar. Co
90
N. Y. Concert Co
20
Mechanics' Nat. Bank... 207
.Manhattan Co. Bank.l80i4-'fl
Pciiusylvania Coal Co...300i8
Berry-Boicc Cattle Co. of
New York
156
20 Lawyers' Title Ins. Co. .141
50 New York Bowerv Fire
Ins
100
100 Clausen & Price Brewing
Co
78
.50 Twelfth Ward Bank
125
11 Gallatin Nat. Bank
313
$700,000 and an undivided surplus
of $99,111.
The company has been in business fifteen years
and ha-s for its customers many savings banks in New England, as well as private investors, and has placed altogether
some $16,000,000 in Western mortgages without the loss of a
la.,
Sookt Cloted.
{Days iwUutite.)
Kines c:ounty
379,972 1,854.424
ame
18S0...
Do
I
PayabU.l
Plieuix
Tot. week.
Do
When
Xame of Company.
Home
650
22,971
.
8'me
DIVIDENDS,
Milw'kee
4,191
6,1»0
PhUadsl
Allen.
852.707 89,078 17,649
917,683 137,240 46,126
enling J
Mzporu
carpet house of
a corporation of the
15 Knickerbocker Brewing
20
Co.. pref
120 Knickerbocker Brewing
5
Co. common
40 Broadway Nat. Bank.... 288
90 Citizens' Fire Ins. Co....lll>«
195
10 State Trust Co
20 Real Es.LoanA Trust Co. 160>«
100 Brooklyn City RR Co. ..180
150
12 U 8. Fire Ins. Co
730 Citizens' Fire Ins. scrip. 81
Bonds.
$13,000 South. Boulev. RB.
of N.Y. C. 1st, 58, due 1908. 55
$2,000 Knickerbocker Brew.
ing Co. Ist 4s.'97, M.SiN..80Alnt.
IJB.OOO Knickerbocker Brewing Co. 2d 68.'97. M&N..75ia41nt.
$10,000 Amer. Cotton Oil Co.
8s,deb. gold, 1900, Q-F..925i&lnt.
r>f
dollar to any investor. The company invites correspondence
will give full information.
The New York office is at No,
160 Broadway, and Mr, W, F, Bartlett is the Secretary and
Spencer
and
Treasurer.
—Messrs. Taintor & Holt call attention to a
ments offered by them to-day.
No». 16
and
AI,BA^fr N. Y
TRANSVrr
list
of invest-
\
Trask
BANKERS.
Broad Street,
SAK.VTiHJA, N. V:
18
&
Co.,
New York
ritr.
PKOVIOK-NTB. 11. L:
rtirslMBSS.
UKSKUVtj BANKIVM
All cliMses of Securitlos Booffht and Sold on Commission. Spedal attanUaa
InTeatment Secarttles. Direct wire to each olBcs and to Phlladelplua,
fflTen tn
B*».Jton iinil <'hk'..i;lo.
THE t;HRONlCLE.
108
%ht
IBankjcrs^ daxette.
The
[Vol.. LII.
closing prices at the N. Y. Board have been as follows:
Jan.
Interesl
For dividends,
Periods
see previous page.
WALL. 8TKEET, FRIDAY. JANUARY 16. 1891-5 P. M.
The Money Market and Financial Situation.—The most
hopeful feature in the outlook at the present moment is the
fact that this is the short session of Congress and the troubles
will be Over by the 4th of March. The markets, both financial
and commercial, were kept in a state of uncertainty during
a great part of 1890 by the discussions in Congress over the
and tariff measures, and the final results of the agitation were anything but satisfactory. This week, the princifinancial
pal influence in financial matters has been the Silver bill in
the Senate, and the ultimate outcome of this legislation is
shrouded in as much mystery as ever. It would be worth a
round sum to Stock Exchange dealers at the present moment
to have an assurance that no financial measures whatever
would be passed by the present Congress.
Aside from the doubt and apprehension engendered by the
circumstances above referred to, everything has been working
well. Railroad earnings are keeping up fairly, though we should
scarcely expect the gross earnings of 1891 to run ahead of 1890.
The best hope of the railroads this year must rest on the possible results to be secured by a rigid economy in expenses, and
•an improvement in rates through harmonious action both
The
within and without the Western Traffic Association.
expenditures on road and equipment have been so large during
the past two years that many railroads ought to be able now
to reap the benefit of that heavy outlay, and to largely reduce
their operating expenses in this direction.
The money prospect here and in London seems to be quite
satisfactory, and this has helped the stock market. The reaction of the past two days is not regarded as serious, nor as
indicative of a return to recent low figures.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3® 6 per cent,
the average being about 4 per cent. To-day rates on call
were 2% to S}4 per cent. Prime commercial paper is quoted
at 6@7 percent.
The Bank of England weekly statement on Thursday showed
an increase in specie of £873,000, and the percentage of reserve to liabilities was 44'33' against 39'93 last week; the discount rate remains unchanged at 4 per cent.
The Bank of France weekly statement shows a gain of
1.300,000 francs in gold and 2,825,000 francs in silver.
1
Jan.
Jan,
Jan.
Jan.
10.
12.
13.
14.
1.5.
103 14 'IO314 •103U •103
10338 'IO314 •10314 -103
120 >120
121 •120
Do stamp'd Int. pd.
118 118 •118 ' 118
4s, 1907
120 •120 •120
120
coup. Ci.-Jan
Doex-cp. toJ'ly,'91
118 *118 •118 ' 118
*109 "109
6s, cur'c.v,'95
J, *109
109
reg. J. &
•112 112
6s, cur'cy,'96
112
reg. J. & J 113
114 115 1141a
cur'cv,'97
J. 115
6s,
reg. J. &
117 •11713 II7I3
68, cur' 03, '98
reg. J. i^ J 117
120 •120 120
63, cur'jy.'99
reg. J. & J. I'JO
4I2S, 1891
reg.
4>2S, 1891.,.. .coup.
4s, 1907
reg.
I
'
1'
TMs is tbe price bid at tbe morning board
;
103
103
•120
118
120
118
Jan.
16.
*103
,*103
,120
'118
|^120
'lis
109ia''110
113 I1314
ll5k!^1153t
117%, n?!!
120 ligij
no sale was male.
Government Purchases of Silver.—The Government purchases of silver the past week and since the first of the mon th
are shown in the following statement:
Pnotpaid.
Ounces
Otinees
offered,
purchased.
Previously reported
"
583.800
918,000
749,200
16
2,761,611 $l-04i-3
283,800 $1-0525
® $1-0530
a $1-07
455,000 111-0585 a $10620
318,000 !il-0570 a $1-8600
®
175,603
3.997,014 $l-04is a $1-07
Total in month to date..
' The local purchases of each week are not reported till Monday ol
the following week.
—
Coins. The following are the current quotations in gold for
various coins :
lOS^a
Sovereigns
$4 84 a.$4 87 Fine silver bars.. 105143 1 06ig
—93 a — 96
Napoleons
3 85 -a 3 90 Five francs
XXReichmarks. 4 74 ® 4 78 Mexican dollars.. —Si a — 83
Do uncorutnero'l — — ^ — 4 80 ® 4 85
25 Pesetas
— 75 a — 78
Span. Doubloons. 15 55 -©15 75 Peruvian sols
Mex. Doubloons. 15 50 ®15 70 English silver.... 4 80 « 4 85
par aSisprem. U.S. trade dollars — 81 9
Fine gold bars...
-
1
—
State and Railroad Bonds. State bonds are unchanged.
The sales include Alabama Class A, $8,000, at 103; North Carolina 6s, old Chatham E R., $1,000 at 514, special tax receipts
South Carolina 63
$11,000 5(36, and consol 43 $10,000 at 97
non-fundable $15,000 at i^s'Mi}4\ Tennessee settlement 63
$3,000 at 103; Virginia 6s deferred trust receipts, $5,000 at OJ^
and do, stamped, $10,000 at 8.
The market for railroad bonds has been strong and active,
many of the low-priced issues having advanced materially.
Along with the Villard properties generally, Northern Pacific
consols have been particularly strong, and other bonds that
have been notably higher are the Tol. St. L. & Kansas 6s,
Omaha & St. Louis 4s and Louisville New Albany Chicago
consol. 6s. The passing of interest on the Reading first prefer18S9.
Jan. 12.
ence bonds had been pretty well discounted, and they close
only a fraction lower than they did the week previous. The
«
60,762.700 4s, however, close at 793^, against 81 last week.
;
&
isai.
Jan. 10.
Capital
Surplus.
Loans and
Differen'sfrom
Vrev, week.
1890.
Jan. 11.
67,119,700
65,375,800
61,062.700
57,542.100
Dec.1,723,100 400.347.000
3,538.800 Dec.
61,100
3,743.400
390.325,000 Inc .3,692,900 414.754,800
81,133.000 Inc.2.469.800 80,682,800
29.8.32,500 Inc. 3,260,800 29,021,600
llO,965,50o'lno .5,730,600 109,704,400
97,581,250|Inc. 923,225 103,688,700
disc't? 383,9.55.400
Circulation
Set depositB
Specie
Liegal tenders
Eegerve held
Legal reserve
Bnrplus reserve
.
13.384,250 Inc .4,807.375
6,015,700
52.402.600
386,318,000
4,863,100
410,12H,800
82.1,50,700
34,930,900
117.081,600
102.532,450
14,549,150
Foreign Exchange.— Rates for sterling exchange advanced
sharply on Thursday because of a reluctance on the part of
bankersto draw bills. The close to-day, however, was easier
on offerings of bills against securities bought for European
account. Actual rates are: Bankers' six^ days' sterling
4 Si%@^fi5}4 demand, 4 873^(34 87?^ cables, 4 88@4 88>^.
;
;
Posted rates of leading bankers are as follows
:
JanuaiTi 16.
Sixty Days.
Demand.
Prime bankers' sterling bills on London. 4S5ia®4 96\ 4 88 ®4 89
Prime commerciaV
., 4 83ifl»4 84
Dooum(!ntary commercial
,"...!!!!" 4 83 »4 831^
Paris (francs)
517ifla5 le^e 5 20 35 193a
Amstprilam (guilders)
...'!!.!!!
4018S 40>^ 4012^4058
Pranktort or Bi-emcn (relchmarkB).."..!... 95189 9514
95^89578
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, buyine
par.selhng Vito^i premium; New Orleans, commercial
50c
to 7oc. discount; bank, par; Charleston, buying
par to 1-16
premiumi, selling y, premium; St. Louis, 75c. per
|1,000 '^
nremium; Chicago, 15c. per $1,000 discount.
Railroad and Miscellaneons
Stoclis.
—The reaction that
was
exi)ected to follow the sudden rise in stocks since the first of
the year has shown itself the past day or two only to a limited
Previously, though with some
irregularity, the
extent.
tone had been generally strong and the market fairly active
dealings being well distributed. Considerable confidence was
inspired by last Saturday's bank statement, with its gain in
cash of over 5)^ millions and surplus reserve of over 13
millions. This cwnfidence has been augmented this week by
the cancellation of a large amount of Clearing-House certificates, and the growing ease in the market for time loans.
London, moreover, has given support to American stocks.
The silver legislation has been an unsettling influence.
In the regular list the Northern Pacific stocks have been
conspicuous for strength and activity, the common and preferred closing at
27^ and 70 respectively, against 35'^ and 68^
last week.
North American, too, rose to 18 and closes at 16.
St. Paul has advanced, with much activity, reaching 57J^ and
closing at 541^. Chicago Gas has made the largest net gain of
all the listed stocks, the improvement ijeing due to a change
management in the company. For the same reason Oregon
Improvement has quietly but largely advanced. New York &
New England became very active yesterday on the old rumor
of a consolidation with the New York New Haven & Hartford.
The price, which closed last week at 37}^, went as high as il^,
closing at 41 1^. New York Susquehanna & Western has made
additional improvement, on a renewal of the rumors that an
United States Bonds.— Government bonds have
been fea- alliance with some other company is penciing. Philadelphia
tureless.
The daily purchases are shown in the followine & Reading stock was strengthened by the passage of interest
statement, kmdly furnished us by the Treasury
Department payments on the incomes. The other coal stocks have reThe total purchases under circular of October 9 up
Sugar certificates have commanded attento and in- ceded slightly.
eluding January 15, 1891, were $8,669,000.
tion most prominently this week, and have displayed their
acrobatic powers by ajumpof 17 points, closing at 78^^, against
4MP«r0«nt<ilu<18M.
4 Par OmU ixu 1907.
66}4 last Friday. The discharge of the receivers of the Trust,
and the commencement of operations by the new company,
orsriati. PurcVw Prieet fait. 0/trlntt. PureVa.
Pricu put
together with the cash dividend of 5 per cent under the plan
if. 10..
Hi.lSO
of reorganization, have afforded grounds for the movement.
is.Wf
if.oec
Lead Trust certificates and Cotton Oil stock and Trust receipts
18..
17.500
17.500
have also been strong and higher. Silver bullion certificates
14..
ie«.2(H)
169.500
if
^
19..
sold up to 107^, but after the passage of the Silver bill by the
£8,V0«
2a,»i>0
^
12S.560
Total
1400.6301
:as,BGo
»4(X)J550
of
Senate the price weakened, the fear being that so broad a
measure would defeat itself. The certificates close at 105%,
contrasting with 105 the
week
before.
Jabuart
THE CHRONICLK
IMl.J
17,
NEW YOBK STOCK EXCHANGE—ACT/TTB STOCKS
for weefc etuting
109
JANUARY
t«, and Unce JAN. I, im»l.
HiaaBST Alio Lowsar TsaaaM
8TO<"K8.
RR,
ArtlTti
Hloeks.
Do
A
do 2dprel...
&
Alfon
Itfincif.
Oblcavo Milwaukee <IiSl.
I'aul.
t)o
pref.
A NortUwMtern
ObleaKn
r>o
pref.
Ohlrairo Rock Island APactflc.
OhlcttKo Ht. Paul Min. A Om..
Do
pref
OteTe. CIncln.
A
Clilc.
Do
St. L...
pref.
OohimbiisHockinitVal. ATol.
Delaware * Hudson
Delaware LHOkawannadkWest
Denver &KI0 Grande
Do
pref.
aat Tennessee Va. A Ga
Great Nitrthorn, prof
IUlnol» Central
Iowa Central
pref.
A Western
lake Krie
Do
nref
Ukke Bhore A Hiob. Sontbem
Loni; iRland
Loulsvillp Evanc. A St. Loals
Iioulnville A Nashville...
lioule. New Alb. & Chlcaso
Manhattan Elpvated, cousol.
Mexican Cpntral
MlohlKan Central
Uwaukee Lake SU. * West
Do
Mlnncaimlis
„I>o
„
pref.
Louis...
pref.
A St.
o.K.ATei.,ei. 2dm. bonds
Do-,
„,
pref.
MlBsourl Pnplflc
Mobile A Ohio
Nashv.ChaltHuooira&St Louis
Hew York Central A Hudson
Wew York cueist. Louis...
Do
1st pref.
2d pref.
_ Do
Bew York Lake Erie AWest'n
Do
pret.
Hew York A New England.
New York New nav. * Hart
Hew Y'ork Ontario dt West.
HewYork8usquehan.AWe.st.
» ^^°t„,
Horfolk A Western
pref-
pref
_ Do
orthem Pacific
pref
„^. Do
Oolo A Mississippi
!".
Do
13%
22% 22%
6414
*28
6458
14
23
65
23 la
66I4
8%
%%
31% 31%
'14% 1514
55
26
551^
68''8
69=6
27
1914
16
1.6
79ia
797j
81a
8%
3114
Sl-'t,
16
16
57% 57%
27% 29 14
69% 70%
18% 19%
16
80
17
82
23
14%
50
28
64
30
64
98
Texas &
&
N.
M
•55
I'o-
pref'
.....^I
&" Gulf
Do
Wheeling
A
nref
Lake Erie .....
do
pref.
Wisconsin Ccmrai Co
I
|
raiiirellaiipoiis Stocksl'
Auiciicau roltonOll Co
Do
Buckeye Pipe Line
Calciiri) (Jas Co
pref.
Certir.i S
'"'
& Iron.. ' '"
ConHiiiidated GasCo
DistillinK A Cattle F. Co.
Kiliwn (ieneral Electric.
Laclede (ias (8t. Louis)....
National Ix^ad Trust..
Colorado Coal
Aorlh American Co
Oresou Improvement Co
]"
M.til
Pipe Un'^ CenVliVateVC'.'
Pullman Palace Car Co
.
Oliver liuUion Ccrtidcates
Baitar KeHn s Co. Tnist rec'ta.
Tennessee Coal
A
Iron
98
"120
11
69
25
16
72%
65
127ia
III9
69
25
'
22 'a
180
93%
47% 48%
ilJOs
02
•ill
5614
111
108
138
5714
112
51
115
31
80
18'8
lOH
34%
73%
21%
IS
1814
10
•82
84
64%
65 la
99
99
28% 29
135%
13614
138
139%
19% 20%
62% 63 '8
7% 8%
I414
22
22 14
66%
66'e
97% 9714!
47% 48%
I914
16% 16%
23%
22
34
34%
73% 74%
190
100
IO5I4 106
67% 71%
35% 35%
54
19
18% 19%
73
74%
29
66
100
54
29
110% 111
26% 26 14
•AO
81
64%
63
96
28
96
28%
13514 136
138 13914
19% 19'e
62% 63 14
8
•66
814
70
18% 18%
111 114
77
78
103
103
•7%
•21
14
14%
57%
57
108
IO8I4
87% 88
7678
78%
24
92
93
24%
92%
111
6
111%
93
6
12% 12%
•13% 14
22
22%
65% 67%
105
19
2414
33I4
2178
74 14
1914
24
105% 105% 105%
85
85
•82
24% 25%
16
16%
19% 20
47% 48%
2378 24%
10% 11
20% 21
34% 35%
23% 24
18% 19%
22% 23%
10%
20%
34% 35 14
7278 74%
21% 23%
45% 47%
23
23%
10% 10%
20
20%
34% 347g
73% 74%
21% 22%
19
42
40
74
17% 18%
19%
16% 17%
19
I
7478
20
43
85
41% 43
19
:i679
«.»«%
19% 19%
40
is% 19
19% 1978
17% 18
28
35%
74%
U
17
44
20
128%
43"
33,025 89% Jan.
6,730 41% Jan.
1,455 83 Jan.
113,446 50% Jai.
109% 110
4,501 105% Jan.
106 100%
9,220 104% Jan.
134 137
1.053 135 Jan.
6878 70% 42,893 67% Jan.
25
20
3,ltO 23% Jan.
•80
83
100 80 Jan.
62% 63% 30,217 59% Jan.
332 96 Jau.
27
27% 6,133 26 Jan.
134 134%
3,121 130% Jan.
137 138
67,934 131 Jar.
19% 19% 5,310 17% Jan.
62% 62% 11,684 57 Jan.
778
778
3,180
7 J"n.
•65
68
465 60% Jau.
18
18
2,180 16 Jan.
•111 114
500 112 Jan.
•75% 76%
3,400 72 Jau.
102% 103
2,325 97% Jau.
8
500
6% Jan.
•21
23
100 20 Jan.
14
14% 3,977 14 J.n.
55% 56
4,025 54% Jan.
106% 10/% 10,774 106% Jan.
•86% 88%
510 86 Jau.
76% 77%
I
71,468
2,090
2,665
3,700
1,444
44'
90
90
18
111%
19%
16% 17%
25
25%
34% 34%
73% 74
19
71%
Jan.
Jun.
Jan.
23% 23%
197e Jan.
93% 93 14
91 Jan.
•90
94
130 93 Jan.
112 112
284 103 Jan.
•6
6%
900
4% Jhn.
12
12
750 10 Jan.
13% 13% 1,796 1178 Jan.
22
22
2,671 20% Jan.
6478 66% 52,693 60% Jan.
28
28
1,640 26 Jan.
•93% 100
95 Jan.
103 103
3',B50 101% Jan.
12% 12% 2.7.')7 11% Jan.
*61
63
1,465 57 Jan.
•24
24% 1,867 23 Jan.
19% 20% 15,507 19% Jan.
52
52
1,.500 48% Jan.
39% 41% 71,31" 32% Jan.
270 270
339 254% Jan.
16% 16% 0,812 15% Jan.
8% 8% 11.65,- 7% Jan.
33
34% 7,74 28% Jan.
15% 16%
14%
00% 56% 1,630 53% Jan.
1.82!
Jan.
26% 27% 147,692 21 % Jan.
69% 70% 112,600 63% Jan.
-18% 1914
1,30(1
16 17% 1,920 13 Jan.
14 Jau.
78
81
1.238 79 Jan.
21
21% 2,162 19 Jan.
•16% 17% 3,215 14% Jan.
32% 33% 4-i,440 32% Jan.
14
14
4.564 12% Jan.
50% 50% 2.446 48 Jan.
17% 18
82,899 16 J. n.
72% 72% 4.980 67% Jan.
28
28% 4,697 23 J n.
•62
63
1,038 55% Jan.
102% 104%
507 100 Jan.
120 127%
120 Jan.
•10% 11%
2,010 10 Jan.
70
70
220 69 Jan.
25
25% 1,065 24 Jan.
60 85 Jan.
104 105
1,415 100 Jau.
23
23% 3,000 23 Jau.
15% 15% 12,410 14 Jan.
•18% 10% 5,777 16% .Ian,
•58
70
129 61 Jau.
•80
87
150 8 1 % Jan.
44% 46% 98,770 42% Jan.
22% 23
6,095 21 Jan.
10
10% 4,650 0% Jan.
19% 1078 18,710 1678 Jan.
3178 33%
3178 Jan.
9,09:
72
73% 3,990 67% Jan.
21% 21% 8,850 18 Jan.
25
108
18% 18%|
38% 40%l
7,590
1,917
4'J,000
38% 33% 377e
97% •96% 98
47% 48%
17% 48%
;«)
90
257,
23
34
3478
34% 35 '4 34%
73 14 737e 73% 74% 7378
194 195
192 194'h 193
IO6I4 107% 106% 107 14 101
74
81% 76% 83%i 80%
33% 367h 36 <4 37
38
83
8:)
84% 84%l 85%
78% SO
78% 797fl 79>«
do
8414
pref
84
tTnion Tclngraoh
79% 79%
These are the prlcea bid and asked; no Bale made.
25%
16
!
19%
16% 17%
23
24%
127%
11%
65
85
18
19
39% 40
22
22% 23
41%'
37% 42
38
37% 38 14 36% 38:%
9714 97 >4 •96% 98
48 14 49
48 '4 48%
90
89% 89% 90
19
11
157e
22
18%
103
73
29
65 14
103
65
17% 1814
3S% 38%
I714
72
28%
70
23% 23%
10
I
IS'e
•58
46 14 48%
I
52
1778
61
85
15%
19% 20%
61
•81
52
105
19=8
81% 81%
9
105
25
16
65
46 14 481*
23
24
10
IOI4
I914 20
9
75
27
31
130
25
104
27
103
26
103
127% •120
12%
5,362
2,122
2,000
81
7%
8
23
65
102
IS's
47
"42% 44% 89,525
33% 36%
96% 97
47% 47%|
90
•17
18%
15%
23%
34
72%
6,605
931
7,135
90
1,221
18%' 6,380
20% 49,703
16%' 65,616
24 %:
7,990
31%i 11,395
74%l280,000;
19
97
1578 Jan.
Jan.
Jaa.
31 Jan.
33%
10
33
88
15
17%
11%
15%
33%
__
71
I
85
78 7« 79%
Frioas Irom botti fixohaagas.
t
78%
Under the
85
1.250
I
7878'
80
I2.902I 76
role oasb.
Jan.
96% Jan.
42% Jan.
196% 193 195
191 192
3,111184
107% 103% 107% 105% 108% ?,<w6.'X)o 101%
83% 79% 81% 77% 80% 161,501 .5678
39% 38% 39% 36
38% 11.705 3!%
86
80
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
90% 92
•47
48
48
48%
01
91
91% •87
54% 56=8 53% 55
01% 93
9%
89% 80%
106
3414
j
9%
28%
235 80
18%
31
31% 36% 33% 34%
16 14 16%
16
16
57
57% •36% 57
27% 29%
28% 30
70% 71% 70% 71%
19% 19% •19
iy%
16% 17% 17
I714
•81% 8.31
81% 82
24
24% 23
23
17% 18
17
17%
3314 34%
33
3378
15
1578
14% 14%
55
72% 74%
29% 29%
66
100
127% 120
72
21
39 "4 40
21
21
357,
36%l
36% 38%'
90
90
•16% 17I4
4978
1778
66
100
24% 26I4
15% 16
•55
47%
23%
817e
In 18B1.
HI^Mt.
Lowect
000
5
1,850 72%
11,716 48%
2,720 106%
80
47
11
108% 107-4 108
138% 137 137
70I4 71%
71% 72T(
20% 27
81.346
5-8
130
32
128
32
128
•5%
49'8 50%
II414 115
48% 48%
11
"
100%
127% 120
*10% HI4 IO'b 1078 10%
•68
•63
•69
70
78
105
65
84
9%
35
15% I6I4
56% 57
27% 29%
68% 71%
'18% 19%
16
16%
22% 23
16
18%
32% 33%
14% 15%
16%
337t
891a
103
77%
46%
22%
9%
18%
34%
72%
.-o
21%
1878
100
120
8%
31
27
25% 26
15% 15%
19
10%
Ohio Central
Union Pacllio
Union Paclflc Denver
Wabash
1314
103
Pacitic
Ann Arbor A
22
16
33
891a
pre'-
Bouthern PucUlcCo...
22
64'8 66=8
28I4 28'4
•95 100
8178
17% 18%
73
73%
30
30%
a. Paul Minn. .
8t i."?,r,
A Manitoba
32
'129
•30
Itfa
6%
28I4 28%
28 14 28% •28
29
29
*94 100
•95
*94 100
•93% 100
100
103 14 104
IO214 IO214 1031a 104
103% 103% 10278 103%
*12i4 12ia
12
12=8
121a 12%
12% 12%
12»s 12%
*59
*59
60
5914 6OI2
63
61
61
62
63
24
24% 241a 24=8 24% 24% 24% 24%
2438 25
2038 20%
2078 21I4
20% 21
20
2012
20% 2034
51
511*
5013 50ia
51% 51% 31% 51% 51% 51%
37i4 37-'!8
36% 37% 36»8 37=8 37% 39% 38
41%
259 260
'252 260
266 268
2621a 262iv 261
I6I4 16Te
1638 16%
16
16is
1678 1714
16% 17
I'^g
.
31
19% 1914
49% 49%
13% 13% •13%
13=8
1378
&
— Do
We«tem
13ia
49
at.Paul<SiDuluth
71s
•3014
•-
49
H
&
50%
50
11019117% Xll5
ISifl
*>i^
1738
711a
Bt. Louis Alton
T.
. prof
Bt, L. Ark.
Tex., trust rec..
St. Lou.
San Pran.lst pref
71a
64
66
29% 30%
74% 75%
-5%
SlOp
G5
C4
64
66
66
I8I4 181s
18
181a
18% 19%
171a
107 115
112 115
111 115
1091s 115
75
-7419 731?
761*
75
75
76% 77
•99
101 101 Is 102% 103%
104 >4 IOOI4 102
*7
714
7>4
GH 7
7% 7%
71s
•21
•21
•21
22
22
22
22
22
14% 15
14% 15
1479 Ul-R
14% 15%
57% 577e 57
57^8 57iSR
57% 57% 58
108% 108 108%
1081a 10914 107=8 lOSij 108
*86
•86
88
88
88
88
87% 87%
See foUowln g page.
76ia 7776
7678 78I4
TO's 78%
78 ^ 79%
Ji» 23>4
2114 211s
la's 20
26
26
*103i2 104% 104 10418 1 1
104
104 105
•-.iia
24ie
2314 2314
24 14
231a 23%
24
92I3
"92
92
92
I -^ 931s
9214 93
•86
•87
*87ia 95
90
95
95
95
•107 111
"losia 111
107 111
111 111
•4% 61s *6
6I4
•6
6
6%
61a
12
12
12
12
12
12
12% 12%
*63
31%
75% 75%
80>4
6
75%
49^8
71a
32%
KomeWatertownAOedensb'g
Pacmc
714
714
pref.
„
-I
..
{uo Grande Western
A
•5%
751*
'
21%
pre'-
«*"
6
Week,
BbarM.
Fiidar,
Jan. 10
Jan. li.
31% 32%
32
75 "4
»'8
51%
403e
116i«118
115% 118
IIU
•30
80>9 301a
31
*29»B 30%
19
19ie l'<)%
19>«
lu
19>s
49i«
49
4Uia 4914
40
49
31Tg 32
32
32
31% 32%
129i«129>i 128 128
127 130
11
11
11
91>4 92%
91% 93 14 9108 93»K
47V» 48 "v
4714 48
4(i^ 48
91^ *»7i« 90
901a 92
55
56
5108 56%
8408 55 Sr
108^ loo's 109=8 llQie 110 110
107»e 107 >a 106% 107% 107 108
138 133'* 1381a 13811! 137>a 137^
60% 71's 6038 721a
7138 71%
26',.
24% 24 'e 241a 251a 25
•81
82
81% 81%
H2H *79
62% 64
621a 650e
631s fiih
•94
99
99
98
98
29
28
28
28% 28
28\
134 14 135
134'8 I3514
136 136
137T8 138 'fl 136% 138 14 137 13938
lO'e 203e
20
20 14
193b 20 14
63 1«
62
6218 63aH
6l<>8 62
Vret.
^°
Do
49''(
23
16
^^
o.
BIchmonaAWestP't Terminal
Toledo
49 •«
SS's
13ia
Phlla.A Read. Vot. Trust. Cert.
PiltsbursCinn. Ohlc. A8t.L
Tol.
75
18!^
Ohio Southprii
OreKon K y & NavieationCo;
Oregon 8h. L. & Utah North.
Peoria Decatur & Kvansvllle
.,
30<^
6
75 >«
7>4
Do
Ist nret.
2d pref.
_^ Do
annrllle ATerre Haut«
, ^ Do
32>s
-Sifl
Bange ofMtoa
of tbe
ThanidaT,
Wfnln»>rtT.
Jaa. 14.
116
New Jersey
All.
31
4»'<8
Tr. Rcc...
Ohlraico llurilnKton A tjnincy.
OhlcitKO A Kualeru IlUnolii...
Do
pref...
Cbli-.
Jan. 13.
6
^ntral rart0a
Oheaapcoke AO.— Vot.Tr.oen.
Do
do l«t pref..
OblcaKo
Jau. 12.
31% 32
8uiitli«ni
Oeutral of
TuendHV,
74\ 7i\
Atohlnnii Tnp. (t Kiiiitu Ve.
A Paclllc
Oaiiiullnn Paclflr
Atlantic
Canada
Monday.
Batardar,
Jan. 10.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jau.
Jau.
Jan.
Jan.
Jan.
xEidiTldeat
2
3
32% Jan.
6 Jan.
75% Jan.
51% Jan.
Jan.
30% Jan.
13
13
14
61
2!
2! 11
18
12
13
19% Jan. 12
49% Jan. 14
32% Jan. 13
180
5
Jan.
93% Jan. 14
48% Jan. 12
92
Jan.
Jan.
Jan.
108% J.n.
138% Jan.
7278 Jan.
27 Jan.
82% Jan.
65% Jan.
98 Jau.
29 Jan.
136% Jan.
139% Jan.
20% Jan.
OS's Jan.
8% Jan.
66 Jan.
13
14
14
14
12
57%
112
10%
115
77
103%
15%
58
109%
88
J..U.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jau.
14
14
7
13
9
12
9
13
12
14
14
14
14
7
14
14
14
14
14
9
10
12
79% Jan. 14
27
105
Jan.
Jan.
Jan.
93 Jan.
93 Jan.
111 Jan.
6% Jan.
12% Jan.
14 Jan.
23% Jan.
67% Jau.
28% Jan.
95 Jan.
104
Jan.
12% Jan.
63 Jav.
15
14
24%
4
14
15
14
10
14
12
12
15
5
6
12
3
15
25%jHn. 5
21% Jan. 14
52
Jan.
Jan.
Jan.
17% Jan.
9% Jan.
36% Jan.
16% Jan.
57% Jau.
30 Jan.
71% Jan.
19% Jan.
17% Jan.
82 Jan.
24% Jan.
18% Jan.
34% Jau.
157e Jan.
55 Jan.
19% Jan.
74% Jan.
30% Jan.
66 Jan.
103 Jan.
122% Jan.
12% Jan.
70 Jau.
25% Jan.
88 Jan.
1<«6
Jan.
26% Jan.
16% Jan.
20% Jan.
61 Jau.
81% Jan.
48% Jan.
24% Jan.
11 Jku.
21 Jan.
35% Jan.
7478 Jan.
23% Jan.
41%
270
20
43
25
45
Jan.
Jan.
Jan.
Jan.
38% Jan.
97% Jan.
49 Jan.
90 Jan.
19 Jan.
2 20% Jan.
18 Jan.
28 Jan.
35% Jan.
75% Jan.
196% Jan.
3 107% Jan.
2 83% Jan.
2! 39% Jun.
6 86 Jan.
2 80 Jon.
16
15
16
14
14
14
14
14
14
14
12
14
12
14
13
8
1
13
14
13
12
12
15
3
14
16
15
9
12
12
14
13
13
12
14
14
14
14
12
14
14
14
14
14
14
14
14
12
5
14
16
14
14
7
8
14
15
14
14
14
12
THK CHRONICLE.
110
[Vol. Ul.
BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.
1^* Share Prices — not Per rentnm Prices.
Active Stocks.
H Indicates unlisted.
Jan. 12.
30'8
Jan. 10.
3IJ4
Atch. T. <Sc 8. Fe (Boslon).lOO
5J11
"
100
Atlantic A Pac.
Baltimorp & Ohio (Ball.J. 100 '92%
"
100
1 at preferred
"
100 *
2d preferred
Boston&Albany (Boston).lOO 197
**
100 •176
Boston & Lowell
"
100 203
Boston & Maine
"
18%
100
Central of Mass.
"
100 38
Preferred
"
100 9II4
C!lile.Bur.<S: Qiiln.
54»8
Chic. Mil. & 8t.P. (Phil. ).10<t
Cblc. & W. Mieli. (Boston) 100
'
Can.8an.A!Cleve.
50 •24
"
Cleve. & Canton
100
19
"
Preferred
100
321«
Tuesday,
Jan. 13.
30=8
5''«
5%
931a
114
200
*
200
17611.
17612 17615
-18
38
93 14
9214
SS'^g
92
55
54%
934
19
19
85
85
85
21% 22
•21
22'8
Jmmary
831a
19'8
x45
50
<fe
69=8
.
19% 19%
dc
I6I4
61a
16'8
60s
81a
.
BayStato Gm
Beaton Land
Vanarock MliSns
Thema'nK eckW. -^gll
l
Bid anl
as'^ced
pi*M»
••
••
8%
858
8=8
8%
7 169
85%
3
5
3!
21
3l
5'
22
84
20
46%
Jan.
50%
Jan. 13 141
26,^92 20% Jan. 2 24%
12,796 33 Jan. 2 4158
737109 Jan. 2 116%
8i 65% Jan.
5l 66
37,427 21% Jan. 2 29=8
29,967 6358 Jan. 2i 717g
135 106 Jan. 2 168
7,782 50% Jan. 2 52%
526; 29
Jan. 15 30
57,170 16 Jan. 2 17'. b
49
51 140
1,164:
200
8%
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
6%Ja.. 12
658 Jan.
43 Jan. 2 48% Jan.
225 Jan. 5 225% Jan.
7% Jan. 2! 8% Jan.
2,035
81
•225%
6
15
15
5
9
8
8
9
10
15
14
15
15
14
13
940
214
215
215
204% 213% 201
220
42
6
14
7
7
12
12
14
15
i
205
41
2.482 201
3,977 40
1
I
Bid.
Ask.
50
70
52
14
5
14
6
1
14
7
9
2
9
14
13
12
5
15
Ask.
Bid.
Bonds.
Penna. Consol.
1919, Var 110
3% 379 Collat. Tr. 4% g
1913, J&D
7
8% Pa. &N. Y. Canal, 7S...1906, J&D 109% 112%
Bonds.— Boston.
Cousol.58
1939, A&ol 112
.
!At.Top.&S.F.100-yr.4g.,1989, J&Ji
78%
iPerkiomen, l8tsor.,5s.l918, Q-J| 100
100-year income 5 g., 1989.8ept.
50%
PuUa.A Eric gen. M.5g., 1920, A&O 112
Burl. & Mo. River Exempt 68, J&J 5
Gen. mort., 4 g .
'i920,'a&O
97%
v!^r..,..„,r.^^ Os
,0.0 J&J
Non-exempt a.
1918, T,.r<xo7
i|Phila&Read. new4g., 1958, J&j! 79% 79%
Plain 4s
1910,J&J
89
Istpref. income, 5g, 1058, Febl, 54% 547g
Chic. Burl. & Nor. 1st 5,1926, A&O
99% 100
2d pref. income, 5 g, 1958, Feb. 1
34%
2d mort. 6s
1918. J&D jlOO
101
3d pref. income, 5 g, 1908 Feb. 1
27%
Debenture 6s
1896, J&D
99
2d, 7s
1893, A&O 106
Chic. Bh rl.& Qulucy 4s .. 1922, F& A
88%, 90
Consol. mort. 7s
1911, J&D 126%
Iowa Division 4s
91%
1919, A&O
Consol. mort. 6 g
1911,.)&D 112%
Chic.& W.Mich, gen. 5s, 1921, J&D
92
92=8
ImprovementM.eg., 1897,A&0 105
Consol. of Vermont, 5s. 1913, J&Ji4.
97
Cou.M.,5g..stamped,1922,M&N 99% 100
'
Current River, Ist, 5s. .1927, A&O
100%; Phil. Wilm. & Biilt., 48.1917, A&O
"
De t. Lans. & Nor'u M. 79 1 907. J& J (107
Pitts. C. & St. L., 7s-... 1900, F&a' fi'l?
E astern Ist mort. 6 g., 1 906, M&8 )123 125
Po'keepsie Bridge, 6 g.l930,J"&A
50
54%
I ree.Elk. & M. V.,1 at. 6s. 1933, A&O ;
ViO^ Sehuyl.R.£.Side,Ist5g.l935, J&D 103 106
,
,,
,
il8teuben.&Ind.,l8tm.,5s.l914,J&J!
irVw.^'u'*?^^*'''' •1^33, A&O §
IjUnltcdN. J.,6g
...1894, A&O tl05
S-9;<^ii;*H.*''J",S«-'*''Se"1925,A&OS 99%
K.C.F.S.&M.con.6s, 1928, M&N15
llWarrcu & Frank.,l8t,78,1896,F&A 108% 103%
K.C.Mem.&Bu-.,l8t,58,1927, M&8 5
95
Bonds —Baltimore
Atla,!t,?rchar?, ll; 7's?';ob7, J&Jl 117% 118%
f r' l^i^^^-^.^^-h- I'-'^oi, J&J I
100
Income 68.....
1900, A&O 103 (104
{';,^.=''i*?'i^r'M'''«-'**05,J&J§
§106
ijBaltimore & Ohio 4g., 1935, A&Ol 99%ll00%
H"J^-S'^-i'®*-^-l«''''t'19^»'.A&0
2m., 2--6 g
75
1936, i&o
Pitts. & Conn., 5 g... 1925, F&Al
Mar. H. & Ont., 6s
1925, A&O ;
8taten Island, 2d, 5 g.l926, J&J|
Eiten. 6s
1923, J&D 100 1100% Bal.&Ohio S.W.,l8t,4%g. 1990, J&Ji it5% 95%
Mexican Central, 4 e... 1911, J&J
72%
CapeF.&Yad.,8er.A.,6g.l9l6. J&D 102
103
Ist consol. Incomes, 3 g, non-cum.
38
38% Series B:,6g
1916, J&D 100% 101
2d consol. incomes, 3.s, non-cum.
22% 23
Series C, 6 g
1916. J&D! 10078 101
NY. & N.En«., let, 7s, 1905, J&J 123 1124% Cent. Ohio, 4% g
1930, M&8I
101%
Ist mo". 6s
1905, J&J 116
Charl. Col.&AHg. Ist 78.1895, J&JI 107
107%
2d mort. 6s
104 105
1902, F&
Ga.Car. &Nor. Ist 5 g..l929. J&J 101% 102
Jd mort., scaled, 58... 1902, F&A 102
iNorth. Central, gold 68, 1900, J&Ji 113% 114
Ogden. & L. C., Oon. 68.1920.A&0
103% Gold 68 of 1904
J&J 115 118
Inc. 6s
1920
Series A, 58
1926, J&Ji 106% 107%
Kutland. 1st, 6g
i962,M&N
*%8
1925, A&OI 102
2d, 5s.
1898, F&A
Oxf.&Clark.,int.gu.,6 g.l937,M&N
98 i"o6"
Piedm.&Cum.,lst, 5 g. 1911, F&Ai 100 102%
'Aueg??n"^.v;;T.':7^y!f,e\^l''g;j^j 107
Pitts. & Connells. I8t7s.l898, J&Jl 113% 114%
Atlantic City Ist .58, g.. 1919,M&N
103
Virginia Mid., 1st (is... 1906, M&8 117
118
Belvldere Del., ist, 68..1903, J&D
103
2dSeries,6s
1911 M&S 116 117
Catawissa, M., 78
1900, F&A 116
^^„
3d Series, 68
1916, M&S 106
108
,^?"J^',''.-'^<^'''^-lst5g,1947, Q-J ....
4th Series, 3-4-5s
1921, M&Sl 80
Ciearfleld&Jetr., Ist, &. 1927, J&J ....
116
5th Series, 5s
100 101
1 926, M&S
68
1900-04, m&s ....
West Va.C.&P. l8t,6g.l0ll,J&J 108% 109
V;''?Ti','!8.
Wesfn N.C. Consol. 6 g.l914, J&J
Poi;* '^l'^"'''' 1st, 7«. 1905, F&A
lll%i Wilm. Col. & Aug., 68.. 1910, J&D 115 116
vi^u"i^wS'-'"IM.,r,9.iy20,M&N t
1st, 68.1910, J&J
120
H,!^l/'.^M',"iMISCELLANEOUS.
58, r
il
I
il
|
;
ii
,
,
'
'
I
;
'
—
.
I
'
—
I
40
50 10
100 106
25I
251
'
1
11
i
I
109
110
21% 21%
56
[
1
2%
2
Ifi
16
!
75
80
30%; 32
6
16
11
I
11%
16% 17%
6% 6%
3%
4
80
12
100 1195
35
25
100 190
25 90
25 146
100
Baltlmore-CityHall6s.l900,Q—
Lehigh Nav.4%8
2d 6b, gold
,,.01
Q-J 108% ,,.,.
109
FuBdingOs
109%: West viaryl'd IIB.
0—F JVi
Water 5s
J&D
fundiugSs
;:;:,•
1910, M&8 }U,
l-iehange 3%s
?oQ.^JsS
1914,
1897
'ienpral mort. 4%g, g 1924.
.
Uhlgh Valley. 1st bi.^.i?98,
'
15
193
95
200
r„-.*,-A
*•;
vSiS Ponn. Ist,
North S'Oeu. M. 79
Consol. 6a, e
'
1923. J&i> If »|a 1^0
1900.
3-J
118
119
120
121
J&J 120 121
1916, M&Nj 124 1126
126
19:6, M&N" 125
1930. J&J; 103% 103%
68.. 1902,
Chesapeake Gas, 6s
1900, J&D! 105%I106%
Consol. Gas, 63
1910, J&D 112 1113%
56
1939 J&J
99% 100
r:.191o', Var l**"* -•-•- lEquitable Gas, 68. .'.. ..1913,
A&O 107%108%
"
190.5! Var
'"0
~
Vlririnia (8tatei3a,n
new 1932. J&J
65
65%
7e....lH()6,
|Pennsylv8nla gen. Ss,
y& I) 109
1903
M&N
J&J
111%
•-•
124
,
I
;
14
,
'•
.
858
*
Thom.Europ.E.WeldlT (Boston) 100,
•
Water Power
lOO
•'
Westinghouse Eleo.H
50
57%
(Boston) . 25
Pulluian Palace C»r
Qttincy iMiniOK.
'"
225% 225% •225%
81a
16%16il,j
44% 46
4678
5
Jan
20% Jan.
2
I
.1""'
•
46%
48%
48
168
51% 52
Jan.
7
;
(Ball.
Prefenwl guar. 10
16i,6l6l»„
168
.Tan
24
2
]
(Bo^o,
50
>
10
<
Oeot«nnial Mining..'
10
"
Fort Wayne Kl-ctrioV
25
Franklin .Mining.....
"
25
Frcnchnrn'sBayL'nd
"
5
Huron .Mining
'
25
<<
Illiuois Steel f
100
Keaisarge Mining
'
25
Morris cJanal giiar. 4. (Phila.) 100
Pewaldr Mining
30
16U,„ 17
•
26% 27%
69% 70%
168 168
51 7e 52
29
29
16% 17
138
.51
5
:
100:
(Boston) 100;
••
100|
Osceola Mining
2358
82% Jan
17% Jan.
44% Jan.
28,
655'
2
12
10
12
13
14
9
]\
(Bait.)
'
51% 52%
5138
83?
7178
168
Inactive stocks.
50
!
.
5II4
168
27% 29%
70% 71%
29%
2858
7078
168
1
50t 66
Preferred
Wons'st.NBsh.&Booh.
100
MISCKLLWISOCg.
Allouez Mining
(Boston\
25
Atlantic Mining,. ..
Olty Passen ge rTJR .
24%
23=8
IS 165
242 84
690 20
7
6
14
fi
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
sm
••
Wwconaln Central.
24%
2378
140
140
23
141
i
West Jersej
(PhUa.)
W««t Jersey & Allan.
Western Maryland..
Wllm. Col. 4 Augusta
WilmluKt'n* Wcldon
140
'
49%
(Boston)
Preferred.
83% 83%
19% 19%
44%
50
50%
18%
370
84% 85
20% 20%
83% 8314
19% 19%
44%
50% 50 14
22
'
20
169
84% 85
8314
44% 44%
4976 50%
401a
lit preferred
Wgitfeid.
169
16
•I9I4
20'4
*
•19% 20
27% 29O8
68% 71%
168
81a
214
(Ball.
.
61
43
24
6
12
12
12
1
214
40
••
Roanoke
81%
2418
47'8 48>4
4678 fS,
22514 225I4 22514 22538
Northern N. fl
(Boston)
North Pennsylvania. (PhUa.)
Parkerslmrg
(BaU.
Pennsylvania AN. W. (Phila.
Kalelgh & Oaston ....
(Ball.
Rutland
(Boston)
Seaboard
2338
19%
165
84% 85
21% 21%
85
20
46
50
140
30
•'
Preferred
49%
70%
30
7%i
57
Manchester <t Law.. (Boston) .100
Maryland Central
(Bait. ) 50
Mine Hill & s. Haven (PhUa.)
NeanuehoiilngVal...
20
51I4
1
(Phila.)
•
29I4
168
1
t
89%
2,786,
16,660
85
*6
85
•
24ifl
27%
Cheshire preferred.. (Boston) .100
Connecticut & Puss.
"
lOO' 116
Connecticut River...
"
100 113%
Delaware A Bound Bt. (Phda.) .1001
170
Har.Ports..Mt.Joy&L.
"
50t
Kan. Cy Ft. 8. & .Mem. (Botton) .100,
65
K.C'yFt 8.&(iulfpf.
100
K. City Mem. &Birm.
100
50
Little Schuylkill
20
45
108
51
Ask.
(Phila.) .
"
113
223 192
30 176
272 198
175 16%
225 34%
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
.Ian
127
114
204
204
2 32%
Jan. 3
6
Jan. 13 93%
Jan. 7 127
Jan. 6 113
Jan. 3i204
Jan. 5! 177
Jan. 2 205
Jan. 2 19
Jan. 2 38%
Jan. 2 93%
Jan. 2 57%
Jan. 16 220 Jan.
4014 4014
41%
41
42
41
Jan. Vi 43% Jan.
I6I4 17
I514 16
16
16% 15
141a 15
15% 2,900, 13% Jan. 2 17 Jan.
258 260 •255 260
255 260
260 260
260 260
48 246 Jan. 3 260 Jan.
50%l
•491a 501a •49
50% •4914 50%
501s '49
47
48
4814 48% •47% 48%'
48
48
1.228' 45% Jan.
48% 49
7 49
Jan.
•49
50
491a 50
49
49
48% 48%
40% 48
2811 4658 Jan.
3 50 Jan.
•22
-21
23
23
22
231a •22
23
22
231a
445 20 Jan. 6 24 Jan.
48I4 481a
2.430I 47% Jan. 18 48% Jan.
48% 48% 48
4314
48
48% 47% 48
•
•50
51
51
51% *
511a 511a *
8: 50
Jan. 3 52
Jan.
1658 17's
161a 1738
1714 18
16% I714 15% 16% 12.245 12% Jan. 2 18 Jan.
78
7658 83
783e
79% 81% 77% 81
80% 83
40,023 57 Jan. 2 83 Jan.
44
441a 45
44% 44% 44
44
42% 44
3,980: 42
441s
Jan. 2 45 Jan.
•2512 26
26
26
2578 2579 *
26
2578 26
395 25% Jan. 2 26 Jan.
2318
23 14
23
2214 221s
22% 22% 2268 23% 22% 23
6,985 21% Jan. 2 23% Jan.
Bid.
.
•130
•113
37
3708
38% 3914 38I4 4158 3958 41%
371a 37i>8
113%116i4 114% 116
11313114
114 114
114 114
•65
•66
66
66
66
66 *
66
16.
50
50
•*
1st preferred
50
2d preferred
"
50
Central Ohio
(BaU.) 50
Charl. Col. & Augusta
"
100
*
•177
•177
203i« 2031a 203 204
203 203
•18
18% 18% •18
19
19
•36
•35
37
37
38
38
92S8 OS's
93
90% 92
93
5612 57%
5479 56%
54
5478
561a
211a
140
•140
23I4
(Bait.) .100
95% 96%
Providence (Boston) .100 250 1251
Catawissa
831a
50>4
AUanta & Charlotte
Camden (tAtanticpf.
114
204
177
735
5
100 93
19
38
93I2
165
.
Inactive Stocks.
114
204
202
177
6
19
19
19
. . .
Prieet of
204
*
•5%
5%
•92% 93
578
Highest.
28% Jan.
60,487
1
6
'•
"
93
5%
of sales in 1891.
Lowest.
Shares.
.30%
•24
"
West End Land...
93
•5%
29%
31%
50
H5
100 85
2'Z
100
H3ia
"
Preferred
100 *
20
Hunt. &lir. Top. (PJiila). 50 20
**
Preferred
50 46'2 46 In
"
LehiRli Valley
50
4ye 503s
Maine Central (Boilmtj.lOO
23=8
"
Mexican Centr.ll
100 23
"
100 37>4 3713
N. Y. & N. Eng.
"
Preferred....
100
Northern Central (Bait.). 50
267«
Northern Paoiflo (Phila.). 100 26
"
Preferred
100 69
691a
168
Old Colony.
(Bo>ton).100 168
Pennsylvania.. (Phila.). 50
50% 51
Philadel. & Erie.
"
30%
50 •30
"
Phila. & Re a<ling
50 16ial6i'l,
Summit Br.inch CBo»<»»;. 50
'•
Union Paeittc
100 47 « 47 1«
United Cos.ofN.J.fPAitn.;iOO •225
WesteruN. Y.(tPafP/ii7«.; 100
9^ 81a
IttiHceiianeouM 9itockfl.
Bell Telejihoue (hostan). 100 214
214
"
Bost. & Montana
25
41
41
"
Butte & Boston..
25 -141a 14''8
Calumet A Heela
"
25 •255 260
Canton Co....... (Balt.).lOO •4813 5()i?
Consolidated Gas
"
100 46>4 43%
Erie Telciihone (Botton) .100
50
bO
Lam son 8 tore Ser. "
50 22
231?
Lehi'h Coiil&Nav FhU , 60
48ie J8a8
N.Eng. Telephone ^BoKfn^lOO •51
52
North American. (Phil.). 100
1618 16%
BugarBeflneriesIT (BoiVn)\00
67 14 n^A
Thomson-H'nEI.^F "
25 441a 44%
Preferred.
% "
25
2!>fl 25''8
FltcliburK nref.
FL&PereMarq.
3014
*
177
204
177
204
19
19
38I4 3314
32%
Range
Week
Friday,
Jan. 16.
Jan. 15.
31I4
2OII3 203
M-^^ 203% 205
19
3H
92
5514
114
•
Sales
of the
ThnraHnw
<
Jan. 14.
(BostonJ. 100
Eastern
*
6
931a
197
.
Boston
32
6
51a
93
93
321a
9314.
114
Wednesday
no sal. was made.
1 OnUsted.
5
And accrued latereat.
I
Laat price tUs week.
JAHDAMT
THE CHRONIOLR.
17, 1891.J
NEW YOKK STOCK EXCIIANUK PIMCKS
\^.^Jf^*^"9
Railboao anu Miscru B""««- KJSjT'
At.Top.A8.F.-10O-yT.4l».1989 J
A
Ji
,^«
'
— AGTrVJ-J
ltang$ ftalt$) In 1891.
78 Jhd.
47 Hi Jan.
78^1
ftO^
13
80
S3
Jan.
Jan.
14
1:2
72
i
,
121
fin
ANO SJSCK
Period: ]anX«
18ir<J>M
AN
l»l, coniMpii,, 7r
1903 J A
Dobcu. ;>», coup.. 1884... 1904 M A
N. Y. A IIarlcm-78, rog...V900;M A
N. Y.Chlo. AHf. U-4g....l937 A A
N. Y. Elcvtttcd-7»
1906 J A
N. Y. I^ck. AW.-lat, 68..1921'J A
Oonstriintlon, 5»
1923 F A
N.Y. I..K. A W.-lBt,con.7g.l920 M A
Long Dock, 7s
1893 J A
1935lA A
Conaol., (tg
Zd cousol.. 6 g
1969, J A
Jan.
lOgijJan.
113 Jan.
Q-M
JAX. 10,
M. Y. Central— Kxtend.,
Jan.
Jan.
Jan.
Jan.
Jan.
75
112
106>4Jan.
9H Jan.
115 Jan.
IOUUhJiui.
BrooklyuElevfttoiUstO.K-lO'-'l A & Olll'ii
IV.^
Juu.
Can. Boutli. -iKt (Tiiiir., SH.l'.tosjJ & J lOS^g
lill3M .S 8 97HI
D.t'a Jan.
2(!. Mt
Oemriilor N.J. -1)0118. 7H..1809; Q-J 114'2b.|ll.'> Juu.
1»02'M & N'lL'0isb.|l21 Jan.
C0U80l.,7«
107 Jan.
QeiicriU luortgaKe, !> K...l(t87'J i i,\^.^
'112 b. 12
Jan.
Leh.AW.ll..o<>ii.?s.,as's<l.l!H)0
liO.SO.'i
Raiuoad iHD Mnciu Bomw.
=ri
,
!
HtS»! Sept.
l(MVvcftrliicoinp5(f
.» ru.'.-W.l). Inc., «».U»lu'
I'J37|J A Jl TlVib.
Ouiiruutecil. 4 K
Atl.
(ConUnuei).
Ill
JAN.
Lovttt.
\
Btghttt.
lOIH Jan. 102 Jan.
127% la? Jan. 187% Jan.
HIIO b. 109 Jan. log Juu.
J
N
O
12(1
H
Kt.')
a.'
03^)
I
..-.v;
01
JiiB„ r Oa'^Jan.
.Tan. niff>« Jan.
Jao. '\na Jan.
Jill b.'ln
J 130 b. 127%
A lOSHib.'
1)105
()
117
138 Jan. ilSft
105 Jan. tlOS
115 Jan. 117
96"8Jan.
09
llll%Jan. 112'4
a.
b.
b.
|
I
I
I
1
''
[
i
1
I
I'
I
'
!
i
{
I
i
I
I
i
I
I
|
Jan.
Jan.
Jan.
Jan.
Jan.
96% Jan.
,113
Jan.
951a Jan.
lie's Jan.
'11214 Jan.
|
'
IHBI^
101 igh.
Ull2M&N,"a3 b,
J) 09
& J lOOifl 106 Jan. ,108>aJan. N. Y. Ont. AW.-lst,0g...l914 M A 8 112'4
Consul. 1st, 5g
1939 J A I) 931211.1 92% Jan.
4 J 112 b.
"
N. Y.8ua.AW.-l8tref.,5g.l937 J A J 96
Jan. 116 Jan.
94 Jac.
Clics. \ 01iU>.-Mort. 6B..1911 A * O'llO a. 116
193»'M & N; 98>a
95>aJan.
MIdlaudof N. J.— 6g
99^4 Jan.
19101A A O 113 b. 112 Jan.
iBtfounol. 5K
*74 b.
Norf, A W.— 100-vear, 5 K.1990 J A J 93 b. 93
R&A.Dlv.,Ulcoii.,2-4K.1989 J & J
Jan.
67 Jan.
68% Jan. Nortb.Pao.-l8t,"coup.,«g.l921 J A J 114% 113 Jin.
l«tcoii.,2-4g.l989 J A j| 07"4
do
General, 2d, coup., 0g...l933 A A O 112>4
Jan.
71 Jan.
2(li'oii.,4g...l9tS9'J * J, 71 a. 68
110% Jan.
do
General, 3d, coup. 6 g.... 1937 J A 1)100 h.; lo7>2 Jan.
1911;F a A'lOSkb. 104 Juu. 1071s Jiin.
Ohes. O. & 8o. W.-B g
Consul niort. 5, g
1989 J A D 84%
82 Jan.
OWc. Hurl. AQ.—Con. 7...1«03'J & J 122'«
1221.J Jan.
1913 M A Nl 99i-ib. 100 Jan. IWsJan. NorthPac. A Mou.—6 g...l938'M A H lO.j
101 Jan.
Debeiituro 59
1922;P A A 02 b. 92»»Jau.
95 Jan. |No. PacWoTer. Co.— 6 g...l933iJ A J I06»4b.!l06 3m.
lipiiviT Division, 48
lI_
88% Jan. OhIoAMIas.— Cons.s.f.—7.18B8 J A J 113 a.
NrbniHlin l!:xtcn8loii4s..lU27 M A N! H8 b. 87'«Jan.
Consol., 78.
189H;J A J'lll b. 11I'4J4D,
aU'.^ E. lll.~-l«t,B.f.,U8.1907 J A 1)113
I.!!!!! !!!!!.! Ohlo8»«tnern— i'st,6g
1934'A A ©117 b.l
Con«>I.«»(i
1921 J A U lOj b.|103>sJan.
95 Jau
General uiort., 4 g
1921 M A N S-i^'a
GeoiralP^.usol. lst,5s...l937|M A Ni 98
98'flJan.
55 J.n.
87
83iaJan.
87 Jan. Ouialiu A St. I.ouls-4 g.
1937
C!hlc. (ias. L.AC— l»t.5g.l937 J A J
53 JFar.
A Ji 5SI9
J 1231s 120 Jan. 1231.2 Jan. "Oregon Imp. Co.-lst, 6; :..1910J A D, 9719
Ohir. Mil. A St. P.— Con. 7s. 1905 J
90 Jan.
Jill b. 110 Jan. 112 Jan. Ore. R. A Nav. Co.— Ist. i g.l909jj A J 109 b 1071a Jan.
Ist.SonlhwestDlv.— 08..1909 J
Consol., 5 g
J 112>3 110 Jan. 112 '2 Jan.
l8t. So. Mlu. Dlv.-Ga ....1910'J
..1925IJ AUl 94 h, 92 Jan.
ll04
Penu. Co.— 4^2 g., coupon 193lij A J 105%1i. I0519 Jan.
l8t,('h.Al'ac.W.Div.-3».192llJ
J 105
Jan. lOOis.lau.
Peo. Dec. A Evausv.— 6 g 1920iJ A J, 100 b. 100 Jan.
98 Jan.
J 96"sb. 97 Jan.
Cblc. i.Mo. Rlv. Dlv.— 58 192« J
Evansville Div.— 6 g
J lOliab.'lOl Jan. 1021s Jan.
Wis. A Miuu. Dlv.— 5 g.. .1921'
1920 M A 8 95 b. 93 J
2dinort..5g
1914 J
J 1021a 1101 Jan. 102% Jan.
Terminal, 5 g
66 Jan.
1926JM A N 671a
86 Jan.
ji 86
series A. ...1989 J
80 Jan. Peoria A East, consol. 48.. 19401 A A 0\ 79
Geu. .M.. 4g..
7513 Jan.
Dl08'ab.!l07»ii Jan. IO8I2 Jan.
Income, 4s
1990 April. 21
Ullw.A North.—M. L., tis.lOlO J
18 Jnn.
Phlla. AKoad.— Gen.,4g..l95S J A Ji 7019
1913'J A D 108i.ib.1107 Jan. 1081-2 Jan.
l«t. coll., (is
78% Jan.
'
Istprcf. Income, 5 g
Jan, 139% Jan.
Cllic. A N. \V.-Cou80l. 78..1915 Q— F 1140 a. 139
1058 Feb.
54%
53 Jan.
1902 J A D 126 b. 125 Jan. 12514 Jau.
2dpref. Incomes g
H4ia
Coiipoii. KOld.78
1058 Feb.
341a Jao.
114 b.
3d pref. Income 5 g
1929 A A
BiiikniirfuiuKis
2714
1958 Feb.
27 Jan.
!107»4
105 Jan. 1071a Jan. PittsburgA VVosteru- 4g..l017 J A JI 7614
1929 A A O
81nkin>tfuud58
75'8Jan.
8mk1ugluuddebeu.5s...l933 M A N lOOHj lOtiiflJan. 108 Jan. Rich. ADanv.— Cou.,6g...l015 J A J lldiab 115 Jan.
lOlisJan. IOHI3 Jan.
C0U80I., 5 g
1909M AN105
25-y i-ar dpbuntui-e 53
1036' A A 0[ 90 b. 89»B Jan.
1920 F A A 96>sa. 90 Jan. ,100 Jan. RIch.AW.P.Ter.—Tru8t6g.l897iF A Al 09ia
Kiteii.sloii48
97i6Jin.
97i3Jan.
Con. Ist A col. triust, 5g.l014|M A S' 1\\
Cblc. IVo. A 8t. Loul8-5 g. 1928 M A S 99»s
991a Jan.
68% Jar.
RloG. Western— 1st, 4 g... 10301 J A J] 74''6
Jan. 125 Jan.
Chic. K. I. A Pac— 68, coup. 1917, J A J 125 b. 124
741a Jan.
96''8 Jan.
R.
1934 J A Jj 98i4
Extenslou Acol. 53
991a Jan. " W. A Ogd.— Con., 5s.. ..19221 A A O 106
105 Jan.
St. Jos. A Gr. Island
A A O '98
Cblc.St.L.APitt.— Con.,5g.l932:A AO'08 b.l
Island— 6 g.. 1025 M A N, 00
90 Jan.
1930'J A D 117^8 1116 Jan. '119 Jan. i,St, L. Alt. AT. H.— Ist, 78. 1894' J A JlOSisb. 110 Jan.
Chic. St. I'. M. A O. -6s.... 1930
2d,pref.,78
Clevelaud ACanton— 5 g..l917 J A J 88'4a. 871a Jan.
88% Jan.
1804 F A A 107 b. 107 Jan.
St.L.Ark.ATex.-] st, 63, t'st. rec.
70isb. 78% Jan.
C. C. C. Al.-Cousol. 7g...l914 J A D 128 b.
1934 J A J 117
117 Jan. 117 Jan.
General conaol. 6 g
2d,68, 1936,tr.rec..aHaS3.pd.l
19 b. 19 Jan.
1900 F A A 104>sb. 102 Jan. 103 Jan. St. L. A Iron Mt.— 1st, 73..1802|ir A A 104ia lOJ^ Jan.
Col. Coal A Iron- 6 g
2d,7g
Colorado Midrd-Con.4g..l940 F A A *70>4D. 7078 Jan.
71 Jan.
1807IM A N'106 b. 105 Jan.
Coi.H.Val.ATol.-Con.5g.l93l!M A 8' 85
CalroAFulton— 1st, 7 g.l89llj A Jl 00%
80% Jan. 85% Jan.
08i4Jan.
84 Jan.
CaU-oArk. ATexas— 7g .1897JJ A DilOS b.'l03%Jan.
General, 6g
1904;j A d! 85>a
86 Jau.
116 Jan. 117 Jau.
Gen. R'y Alandgr., 5g..l931 A AO| 02
Denver A Rlu Gr.-l9t, 7 g.l900!M A N'116
91isJaii.
70 Jau.
82 Jan. St.L. A8auFr.-6g.,Cl. A.lOimiM A NJllO b. 110 Jan.
lBtcon8ol.,4K
1936'J A J 81'4
Det.B.Clty AAlpena— 6 g.lU13 J A J 98 a. 91 Jan.
95 Jan.
6g., Cla.ssB
1906MA ifllliab.l
Det.Mac.AM.-L'agraut8.19]liA A O' 31
31 Jan.
6g., ClassC
291a Jan.
lOOOiM AN'llOb.lll Jan.
General mort., 6 g
Dal. A Iron Range— 58... .1937A A O 100 a. 93
Jan. 100 Jan.
193l'j A J 108 b.'108 Jan.
Dul. 8o. 8h. A Atl.— 5g....l937lJ A J 96
95 Jan.
96«8 Jan. B.P.M.AM.— Dak.Ext.,eg.l010 M A If 114 b.'llS Jae.
E.Teiin. V. AG.-Con.,5g.l936'M A N 103
101 Jan. 104 Jan.
l8toonsol.,6g
1933 J A J 114 b.'llS Jan.
Knoxvllle A Ohio— 6g...l925 J & J lOl^ib. I0314 Jau. 104 Jan.
Do
reduced to 41a g...l J A J
£Uz.I,ex. ABIgSan.- 6g..l902M A 8 91%
90 Jau.
Montana Extension 4 g.. 1037 J A D 93 b. 80 Jan.
94% Jan.
99^8 Jan. 105 Jan. San A. AArau. P.— 1st, eg.lOlo'J A J 63ia
Ft W. A Dcur.City-6 g...l921 J A D 104
62 Jaf.
Gal.H.ASanAn.— W.Dir.lBl,5g. M A N 93 b. 931a Jau. 03 Tg Jan.
Ist.Og
1926'J A J 63
62 Jan.
Han.ASt.Jo3.— Cons. 68 ..1911 M A S 115ia 114i4Jan. 1161a Jan. Shen. Val.— 1 st, 7g., Tr. rec.1909!
'128
126% Jar.
Illinois Ccutral—4 g
19o2'A A O 94 b.
Gen'l 6 g., Tr. rec. ass't'd.l021
57%b, 6I14 Jan.
Int. AGt. No.-l8t,6g ....1919 M A If 114
HI Jan. 115 Jan. |So.Car.— Ist, 6 g.,ex coup.l920l
llOO b. 103 Jan.
Coupon. 6 g., trust rpc... 1909 M A S: 7514
1*14 b. 13 Jan.
72 Jan.
76 Jan.
Income,6s
1931'
lowaCentrat— 1st, 5 g
1938 J A dI 82isb. 80'e Jan.
84 Jan. ,80. Pac., Ariz.— 6 g
1909-10:J A J IO214 102 JdU.
Kentucky Central—4 g....l987:J A J 81%
7812 Jan.
8212 Jan. So.PaclUcCal.— 6g....l905-12!A A O *110 b.
KlnEs Co. El.-lst, 5 g
1925'J A J 100>4a. 100 Jan. 100 Jan.
1st, consol., gold, 5 g
193S'A A O 100% 100% Jar.
LaclcdeOas— Ist, 5g
79%
78 Jan.
79% Jan. So. PaclBo, N. M.— 6g
1919| Q— P
1911 J A J" 101%b. 102i4Ja
Lake Erie A \Ve8t.—5 g... .193711 A J|108% looia Jan. 1108% Jan. Tenn.C.I. ARy.— Ten.D.,lst,6g A <s Q! 93 b. 80 Jar.
LakeShore.-Cou.cp.,lst,78.190o!j & J* 123>«a. 121 Jan. 122 Jau.
BIriu. Div.. 6g
1917iJ A J' 05 b. 9314 Jan.
Cousol. coup., 2d, 73
1903 J A D 122'«b. 23 Jan. 124 Jan. Tex. A Pac— Ist, 5 g
2000 J A d! 88%
85% Jau.
Longlslaud— lst,con..5 g.lOSlI Q—J 1*113 b.;iio% Jan 113 Jan.
2d, lucoiue. 5 g
2000I March 34
31 Jar.
General uiortgage, 4 g... 19381 J A D 9214
92i4Jau. Tol. A. A. AN. M.— 6g
90 Jan.
1924|M A N' 92 b. 93 Jan.
LoulsT.ANa8hv.-Cou.,73.1808 A A O 114 b.ll3 Jan. 114% Jan. Tol.A. A. AGr. Tr.— 6g
1921'
A J I0514 105 Jan.
». O. A Mob.— 1st, 6 g... 1930 J A J 114 b.'ll4 Jau. 115 Jan. Tol. A Ohio Cent.— 5 g
1935 J A J;105i4 10'J% Jan
do
2d, 6 g
1030 J A J 103 b.l
Tol. Peo. A West,.— 4 g
191 7'
A J| 75 b. 74 Jan.
E. H. AN.-lst, 6g
1910 J A Dill b.l
Tol. St. L. A Kan. C— 6g..l016'J A D 90
83% Ja'.
General. 6g
1930J A D 11358b.' 113 is Jan. 113% Jan. Union Pacillc— 6 g
1800 J A J113%b.
Collateral trust, 5 g
1931MAN103 a.'ioi Jan. Il03 Jan.
Slnkine fund. 88
1893 M A S'llOigb. 108 Ja
Louis. N. A. A Ch.— Ist, 68.1910 J A Jill b. 106 Jan. 110 Jan.
CoUat. trust 4%
1918 M A N 71
71 Jar.
Consol., 6g
1916 A AG 90 b.l 84% Jan.
91 Jan.
KansasPacltlo- Ist, 6g..l893lF A A'llO^b.
LoulB.St.L. ATexa»-6g..l917iP A A 84 b 78
87i4Jan.
Jan.
l»t,6g
1896 J A D 109%b.^
Metro. Elevated— l8t, 6 g..l008'J A J 112% 111% Jan. 113% Jan.
DenverDlv.—6 g
1899 M A NJlll
2d, 68
1899 M A N lOoiaa. 104 Jau. 105% Jan.
l8toon80l.,6g
1919 M A NilOO b. 108%j4n.
Mich. Cent.— iBt, con., 7s..l902tM A N* 123i8b 122 Jan. 123% Jan.
Oregon Short Line— 6 g.. 1922 F A AIIO6
1102% Jan.
Con80l.,59
1902:M A N 107 b. 107i4Jan. 107 14 Jan.
Or.S.L.AUfbN.— Cou.Sg.lOlolA A O 7S%b.' 77% Jan.
lfU.Lake8h.AW.— I8t,6g.l921 M A N 122 b.!ll8% Jan. 22 Jan.
U.P.Ueu.A (iulf con. 5g.l939 J A D 8OI4
78 Jar.
Exteu. A Imp., 5 g
1929 F A A 100
98 Jan. 100% Jan. Union Elevated— 6 g
1937 M A N|i00 b. 106 Jau.
M. K. AT.-l8t48, g
1990J AD 76I4
74% Jan. 77% Jan. Virginia Mid.— Gen. m.,53, 10361 M 4 jfl 83 b. 81 Jan.
2d4s.g
1900F A A 40
36% Jan. 44% Jan.
do
stamped guar.lM A N 85%
83 Jao.
Mo. Paciflo— 1st, con., 6g.l930'M A N 108
105 14 Jan. I1O8 Jan. Wabash- 1st, 5 g
lOSOlM A N 9e'8
98 Jan.
3d, 78
1906 M A Nils b. 115 Jan. lis Jan.
2d mortgage, 5 g
1939. F A A 75%
73% Jan.
Pac.of Mo.-l8t,ext.,4g.l938 F A A 90%
99i4Jan. 100 Jan.
Debent.M., aeries B
1939 J A J 33 b 32 Jan.
2d niort.,79
99''9 Jan.
1801'J A J'OOiab.l 99i3Jan.
Weat Shore— Guar.. 49
2361 J A J 101% 1(10 Jan.
Mobile A Ohio-New, 6g..l927 J A D 112isb.!H2 Jan. 111% Jau. WeetN. Y. A Pa.— Ist, Sg.l937 J A J 98 b.l 96 Jan.
General mortgage. 48.... 1938 M A 8 61
63 Jan.
65% Jan.
2d mort., 3g., Ssc
1927 A A O 3314b. 30% Jan.
Mutual Union Tel.— 6g.... 1911 MAN *102 b.ll02 Jan. 102 Jan. West. Un. Tel.— Col. tr., 53. 1938 J A Ji 99
98 Jan.
Nash. Ch. A St. I
Ist, 78.1913 J A J I26I4
Jan. 126% Jan.
|125
Wl8.0ent. Co.— Ist, 5g
19371 J A i\ 95 %b. 95 Jan.
Con.5g
193^"
1928 A AG* 106i4b.ll06% Jan. 106% Jan.
Income, 5 g
41
34% Jan.
Vote— b" indtcaw^s price hid; " a" prion lukrA the Kanie U maie up fro.n actual silos only. * Latest price thla «eek.
ilo
uiorlHttKB, ^«
Am. Hook.\; lull)., 5s.... 1021 J
Coniriil l'a.lHo-Oold6ii...l9iW'J
I,
I
1
110 Jan.
85>9Jan.
106 Jan.
106 Jan.
U2iaJan;
106
60
58 H)
98
109
93
106
100
95
68
79%
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
22
.Tan.
81i« Jan.
58 Jan.
38iflJan.
30 Jan.
77 Jan.
1161a Jan.
91 la Jan.
99% Jan.
73% Jan.
75 la Jan.
106 Jan.
9212 Jan.
110 Jan.
107 Jan.
811a Jan.
21 Jan.
l(Mia Jan.
105 Jan.
99% Jan.
105 "s Jan.
93% Jan,
110 Jan.
Ill
110
115
Jan.
Jan.
Jan.
II514 Jan.
'
'
I
I
I
,
1
!
I
.
I
1
i
i
.
I
82% Jan.
67
66
Jan.
Jan.
127% Jan.
61 14
103
14
102 14
Jan.
Jan.
Jan.
Jan.
101
103
Jan.
Jan.
Jan.
Jan.
04
06%
89'8Jan.
35 14 Jan.
95% Jan.
105 14 Jan.
IOSI4 Jan.
77 Jan.
91 Jan.
1111
Jan.
71% Jan.
I
I
|
1
i
I
I
—
I
109% Jan.
106% Jan.
80% Jan.
82
Jan.
100% Jan.
85
86
100
Jan.
Jan.
Jan.
77% Jan.
35 Jan.
103 Jan.
98 Jan.
34% Jan.
99% Jan.
97 Jan.
45 Jan.
;
NEW YORK STUCK EXCHANGE PRICES.—STArC BONDS JANUARY
SECURITIES.
Alabama— Class
A, 4 to 5
1906
Class B, Ss
1906
Claas C, 48
1006
Curreney funding 48
l920
Arkansas— 68,fund.Hul.l 890-1000
do. Non-Holford
7», Arkansas Central KB
Louisiana- 78, cons
1914
Stamped 43
Hlssouri-Pund
1894-1 895
BECURITIEB.
Bid.
SECURITIES.
t
Special tax, Class
Consolidated 48
68
1
1
5
00
1919 121
Rhode Island—6s, con. .1893-1804
South Carolina—68, iHm.tund.1888
lOlOj
Bid.
S.C. (cont.)— Brown ooU80l.6a. 1803
Tennessee— 68, old
1892-1898i
97
Ask.
New York—68, loan
1893 103
North Carolina— 68, old
JAJ 30
Funding act
1900 10
New bonds, J. A J.... 1802 180H 20
Chatham BR
5
16.
Comiromise, 3 4-5 08
New
6%
'
97
125
settlement, 6a
Ss
38
I
Ask.
102
62%
70
913 101% 105
19131 99
102
1013 6»l« 70>«
1912;
1
Virginia— 6», old
68, consolidated bonds
6s, consolidated, 2d series, recta.
es, deferred, trust receipts
8%
»>•
TBE
112
CHRONICLE.
[Vol, Lll,
GENERAL QUOTATIONS OP STOCKS AND BONDS.
New York represeat tbe per cent value, whatever the pir m'»y b?; nthir qiiDtatiom ara frdq-ieatlv m%\e p )r 8 aire.
The foUowiTDt abbreviations are often used, viz.: "M." f'>r m'>ritr«->; "it." for if iM: "itJ,"fjr guraaceii; "enL/'for ea Ijrsad;
tor oonsolldatf <1 ; " conv." for convertible ; " 8. f .," for sinking eund " 1. «.." for land grant.
Quotations In New York are to Ttiursday ; from other citleo, to late mail dates.
Qaotatlon* In
'
cons.,"
;
Avor hj
SnbBcrlbers ivlll oonfisr a
UirrriD States Bonds.
103
103
reK...Q-^ 120 121i«
120 121>i
coup.. .Q—
Birmingham, Ala.— 5 g., 1920 AAO
reg
3Su 109 >9
reg
J&J 113
Boston, Mass.- WaterOs.igoe .Var i'25ii
Var 116
reg
JAJ llSJs
Water 58, gold, 1906
Var 104 >s
reg
JAJ 117%
Water 48. 1917
AAO 98
reg
JAJ 120
Water Siss, 1917
«>«L 1891
coup..
«lfl907
4a, 1907
189&
1896
1897
1898
1899
Q-»
STATE 8ECIJRITIB».
Alabsma—Class "A," 4
AAO
to 5, 1906..
0U68 " B," 5s, 1906
OtaM"C," 48, 1906
Currency funding
48, 1920
ArkSD.— 6b, fund., '99. Hollord. J AJ
6«, fond., non-Holford
JAJ
7s, L. R.AFt.B.iseue,1900.A
7S, Memphis A UK., 1899. A
AO
AO
Ts,L.R.P.B.AN.O.,1900.A AO
7s,Ml8S.O. A R.Rlv.,1900.A A O
7s, Ark. OentralRR.,igOO.A A O
102
104
100
104
7
ISO
1
4
39
Br-klyn, N. Y.— BrIrtgeTa, 1924 .JAJ il58
JAJ ,150
Parktis, 1924
104
18
180
102
108H
N.Y.— 7a. 19^4-5
Water 5s, 1898-9
Water 48, 1904
Water 3ifl8, 1905
Water 38, 1916. „.
Buffalo,
10
10
10
10
10
4
4
4
JAJ
JAJ
JAJ
JAJ
Bridge 5b, 1919
Bridge 48, 1926
Water 38, 1905
130
117
100
143
103
100
100
AAO
MAS
JAJ
FAA
120
106
107
no
Florida—Consol. gold 6a
J
A
3-658, 1902
Cook Co. 4148, 1900
•130
•134
J }110
140
Oeorgta4>«s, 1915
JAJ 114
S«n, 1917 to 1936
JAJ
ndlana— Tem'y loan, .'i'ts, 1895...
99
Refunding, 3'.fP, 1895
100
State House, 3 !«(, 1895
100
Temporary loan, 3s. 1839
99
Temporary int. loan, 3s, 1894
99
Temporary int. loan, 38, 1892...
99
Temporary Int. loan, 3«, 1893.
90
8chool fund relunding. 3s, 1909.
99
Temporary loan, 38, 1899
99
IiOulelana— Consol. 7b, 1914. ..JAJ
Stamped 4 per cent, 1914
JAJ
Kahie— New
117
105
921*
18901929....JAD sioo 100 "«
MaiTland-Ss, gold, 1900
JAJ 100 »«
38.
S^Ss, 1899
JAJ 103
ltaasaohU8etts-5B,gold, 1891.. A AO
Bg, gold, 1894
JAJ
MAg
1897
Minnesota— Ad).
6s, gold,
4>ss, 1912. 10-30
Mlsaour;- i«yrmorUnlv'ty,'92. JAJ
Fond. 68, 1894-95
Funding 3i«,
JAJ
100
105
109
100
100
106
lOOH
105>«
110
lOSij
5-2C8, 1906-8
ew Hampshire— 5s, 1892 ..JAJ
JAJ
War loan, 68, 1894
JAJ
War loan, 6s, 1905
JAJ 123
Wew York— B«, gold, 1893.... AAO 103
Ho.OuDllna— 6b, old, 1886-'98.JAJ
JAJ
125
30
68, gold,
5s, 1908
5a, gold,
48, 1906
105
155
133
121
101
6«,fundingactof 1866 1900.JAJ
6e, new bonds, 1892-8.'.
JAJ
68, Chatham
68, special tax,cla88 1,1898-9AAU
Trust oertlftcates
4a, new, COUP ,1910
RR
AAO
..JAJ
AAO
»"iv^2.^1
sortb Dakota bends
Fmna.— 5a, new,reg.,'92-19d2?FAA
FA A
„<•."«., 1912
10
2J
5%
5
5
100 >s
117
Wnm consols,
68,
1893
...
J.^J
68,1920
Jtr,
Qr-nd Rapids, Mloh.-Sa, 1904. JAJ
Water, 88, 1893
jAn
Harri burg, Pa.-68, 1895".'.'.".'.JAJ
sag
Water 68, 1903
Hartford, Conn.—6s, 1897 " JAJ
-..»>»Towns, 3s, 1909
97
Hoboken, N. J.- 78, i89"2 '.""aAO
124
improvement 66, 1898..
JAD
58,1901
MAN
„ . Tex.— €s
Houston, ™
j^
Compromise
111
123
too
JAJ
BetUement,
J4J 101
JAJ 99
jAJ 69I4
JAJ
X*Meaee6-6s, unfunded
JAJ "62i«
compromise, 3-4-5-6s, 1912. .JAJ
70
1913
1913
BMUeinent,38, 1913
TJWS— 7s, gold, 1904
6s.
Settlement, Ss,
68,
48,
JAJ
JAJ
J*™""*"' 0'<J. 18S6-'95.
OS, new bonds,
18C6
6s, consols, 1905. ex-coup
6s,oonaol., 2d Berlfs
..JAJ
..JAJ
ea, deferred bonns
Do trust receipts
*'*-re«|'v»ble coups., from conV'Is
ll*w3B(Blddleberger).1932.j&j
l»40B,op. A reg.,3to5,1919.JAJ
Consol. coupon, new
Sonfundable"
w-.M^"?
o.
Wa*hlnKton-3>i8. S-15
...
*-•«**
years
SKCUHITIKS.
*'il!",?>'J?-^
4s. 1920 to
-*•• 1915-1919.M&N
1930
:m&.N
Allegheny, Pa.-as,ei..,
42
'"s
8
64
64
City,
1918.........
21
100
1920
iig"'
108
107
10414
"Sll
'i'tt, 1928"."."
^
...MAN
— .Q—
...JAJ
* Frios
nomlnaL
i
'
A AO
4-
lOi
Newark— is'.'ig'tG
lC'45s
120
125>»li24"
105
New
P*
i
4»«S, i'JJtf
8b, 1909...
6a, 1910. „.."....;;;
7b, Aqueduct, 1906.'".'
'.'.AAO
102>s
116
1<3
9ii
AAO
A&v
itl
92
76
58
96
100
80
130
120
79's
!>i\
121
105
lul
sS
luo
102H
107
Vai
.Var
73
70 14
13
14
90
10
iO
SiiumoreAOnla-is, 1935...AAO 99
Paraarsburg Br., 6s, 1919. ..AAO 114
..
i02is!ib'3'
New Be<lford,Maa8-68Vi9d9: AAO !§'l"27 i.
129
Fupohaser also pays aoorued lutaraat.
c lu Loudon.
79%
51
UO
117
AAO HO
MAN 9a
1897.AJiu
Income, tis, 1900
A Florida— Ist, Os, 1939.
iUautio City— 1st, 3<i,g., 1919.M jbN
A^tiuu. djUan.- Istg. OS, I'Jl/.AAO
Atlantic A Pac— 181.4s, 1937. .JiKJ
2d W.D.,guar.,g,s.f. 68.190 7.iyi&3
W. D. luoomes, 191U
A<to
Central Div., 1st, tis, 1891. .MJi^
Incomes, bs, uun-cuiuul., 1922.
Laudgr. luuumis, cum., 1901..
100-
103
100
92
118
118
incoiuts, 1939
iui. JiCbarl.— laipf. 78,
1st, 78, IjOT
6a, new....
...JAJ
AN
AUintuwu Tfrm. -ut.s.ls,1919.JAJ
i^iuh.r. oio. J?t;— new 4t*, La»y,j4fcj
WMt^r xu 1906-7.
....!:. .fijli
Moblle, Ala.— 4-5b, I'Jed" 1 un« I A
Montgomery, Aial-Ler' ^'""'•"''"
19U0
133
;
"'*•'
100
119
98
105
112
116
118
113
105
126
AAO
I
MllwaukBi>,Wi8.-'water7B"'nVi"*i
''*'''''-^'«.'
99
.
*"""-»». 1892. JAD
100
78
MAN
Isi mort., 78, 1910
Income, 78, end., 1894
^'ts!" 191*0
08
(Bonds of companies conaol'ied are
generally under the consoi'd name.)
Ala.Gt. Southern— l8t,68,1908JAJ elI6
Debenture 68, gold, 1906.. .FAA
Ueu'l mort. Ss, 1927
JAD
Alabama Midland— 1st, 6s, 1928.
85
Ala. N. O. T. Ac. 1st deb. 68, 1907.
70
2ddebent. 6s, 1907
JAD 53
Ala.AVlcksb.-Cjn8. 5s,1921.AJtO
90
Vicksb.AMer. -IscOs, 1921.AAO
96
2d, consol. 58
70
Alb'y ASusq.— Cous. 7s, 1906, guar. 129
Cuusul. murt.,68,1906, guar.AAO 119
lUegh. Val.— (ien. M., 7 3-lOs. JAJ 107
117
OaV-'as,' 'l90a
121
104% 106
KAlLiUOAU HONDS,
116
Manchester, N. H.- -es.'lMOSl".".
JaJ:
104
105
m"
119
ilO
118
88,1893-94
Var
68,1899
Var
58,1893-1913
AAO
48,1913
Var.
Topeka, Kan.— Refunding 5b
Trenton, N. J.— 48, 1911
JAJ
Worcester, Ma88.—68, 1892... AAO
AAO
5s, 1903
AAO
48,1905
3148, 1905
JAD
H.Y-w^ter.lB^
78"lSo'i"'''
4"^, iai2.'i5"
4e, im».i7
104
H35
Mass.— 68, 1905.. AAO
78,1903, water loan
Springtield, O. -58, 19u7
Toledo, O.—7-308, RR., 1900.M
135
102
118
4a,
Springtield,
Lynihburg;"va.'-'.i'e,'i9bi:i— JAJ
24
I02
jti
eSTwo''.?.*"
ItO
^"im '"^"''"'""••«»' 9*-J*J
***^
Macon,
i>8
104
^S??~"'««»-er'':.5fj luo
113
^Sri'S&?-ST""'~'''^«°*-:J*l 104
100
4i,s,
.
90
Lob Angeles, Cal.-58, gold
vS
^ES*'"*—«•. 1903
MgHU.Os.-8s, iBOS'.Fiind.JAJ
jjj
^10
l^,T9li3'"'^='°---"---'"--'M^N
60
122
Var
JAD
68,1904...
78,1898...
"ah 'irim'^^-^'-^^'^-'-'-Vir
9s
64
33
32
1051s
125"
San Antonio, Tex.— 6s, 1909-19JAJ
Savannah— F'd 5s, cons. 1909 .Q102
Scrantou, Pa.-48, 1893 1910. FAA
Sioux City, Iowa—4ias, 1899
Spokane FaLs, Wash.— 08
""
Leavenworth, Kan.-48, 1914
JAJ
Long Island
•87-97.Var. !! 00
coup., 1885-1601...?..:
llO
f^*?5f»/,t*- S'.CP., 191 3. JAJ 100
4^
7-3,'99. JA J
^^"ffl J?"*'
Jersey Clty-7s, 1905'.!
Var
Water 68, 1907...
jij
UwTence,'Ma8a'.-6s','i'9o'6'
113
JAJ
1913
78,1912
4s, 1915
K»^_»a«CUy,Mo.-78, IBUS.'.'mAN
46>i
AAO
AAO
128
1901
1908
Pittsburg, Pa.-5s,
5s, 19l'8
Hudson County Ss,
Hudson County 7s, i9"03.';i."MAS
1891.. ..JAD
Bayonne City, 76, Ions.
JAJ
105
102
71
135
1896
Petersburg, Va.—68
JAJ
Philadelphia, Pa.—68,1895.... JAJ
6s, 1904-.V6
JAJ
^'^-'•^"
4>4
98
BlpeoODscjbi, 4>s8, 1923
1901
Omaha, Neb.-Paving 58, 1905
Orange, N. J.— 78, long
Paterson, N. J.— 78, 1900
'
Rhode iBl'd—6s, 1893-4, coup. J AJ 104
BoothCaroUna—6B,Non-fund.,1888
100 14
100
'
96
120
JAD
348, 1904
38,1907
Park, 21(18, 20-48
Norfolk, Va.- 68, 1914
88, Water, 1901
5b, 1916
Norwich, Ct.— 5b, 1907
°?^''*,'^SR''^*^--8''1893-1909.MA8
68 N. C. RR., 1883-5
6e
do
7 coupons off ...AAO
98
MAN «134
MAN 123
JAJ 126
MAN 127
MAN 109
MAN 112
MAN 106
AAO 105
MAN 92
Var 113
MAN 124
68, Consol., 1904 reg
JAJ
Portland,Me.—6a, REl.Aid,1907MA8
48, funded, 1912
JAJ
South Park 6s, 1899
Portland,' Ore.— Gold 5s.1920.MAN
Cincinnati, 0.-7 -308, 1902 ...JAJ il27>« 129
Portsmouth, N.H.— 6s, '93, RR. .lAJ
34I4 Poughkeepsie. N. Y.— 7s, water long
7b, 1908
Var
68, gold, 1906
MAN 120>2 121 Providence, R.I.—5B,g.,1900...J.feJ
4a, 1905
Va- 102
68, gold, 1900, water loan.. J A J
48, 30-908, sink, fund, 1931. JAJ 106
4is8, 1899
JAD
1064
5a, 30-508, sink. fund,t930. MAN 115
3iflS, gold, 191K
MAS
Hamilton County 48...
107
Quincy, Ill.-hs, 1808
JAJ
Cleveland, 0.-7S, 1894
AAO 108 IG9 Rahway, N. J.-01d78
68, 1900
MAS 113'j 115
New atViustmeut, 48.
58, 1907
J4D loo's 110 Reading. I'a. — as. 1920
AAO
Funded debt 48, April, 1902. JAJ
Richmond, Va.— 68, 1914
JAJ
Columbus, Ga.— 78
Var 103
8b, 1909
JAJ
5s
100 105
5b, 1921 A 1922
JAJ
Mumbus, 0.,48, 1910..'.'.'.'." AAO
48,1920
Covington. Ky.— 4s, 1927, new. JAJ il02>4 102 "s Rochester, N. if.— 78, Water,1903 ..
5b, 1920
PAX §110% 112
4s, 1912
FAA
Dallas, Tex.— 58, St. lmp'in't,"i»2S
105
dt. Joseph, Mo.— 6s, 1903
FAA
Diyton,0.— 5s. 1895— 1906.
Comp'nilse48,1901
FAA
Denver Col.— Pub. ini.48,1904.MAS
St. Louis, Mo.— 68, 1899
Var
Duluth, Minn.— 48, 1920..
JAJ S
6b, gold, 1894
Detroit, Mich.— 7», 1894....
FAA
5s, 190O
68, W.L.,1906
J&D
48, 1905
3Jss, 1911
J&D
3-668, 1907
Erie, Pa.-Consol. Ts, 1894 ...'.JAJ
St. L. Co.— 68,1905
AAO
EUzabeth, N. J.—New I3.1922 JAJ
8J
69
9t. Paul, Minn.—Is, 1912
EransTille, Ind., oomprom. 48,1912
4I3B, 1916.
Fi tchburg, Mass.— 6s.'91,W.L.. JAJ
58,1915...
West Chicago 58, 1S99
Lincoln Park 7s, 1895
97J« lOO
§
Var
58, 1934
N.Y.Clty— 78, 1900
6e, 1900
90
I
1906
68 ... :571s 158
Cons. 68, 1923,ezt Crossman.JAJ xl05
i
104
6s,
New Orleans, La. — Premium
C(mneotlc't-Sew,rg.,3 "16,1903. JAJ noo
123
•§100
Hew, reg. or coup., 3s, 1910
Water 3iif, 1911
Var 98 100
DJt.Col.— Con4.3-65s,1924,cp.FAA 'llTJj 122>j Camden, N. J.— 78. 1«03
JAJ
Funding 5b, 1899
JAJ •106
Charleston, 8.C.— Conv.78,'97.AAO 103
108
Perm. Imp. Bs, guar., 1891.. JAJ •102
Conv. 4s, 1909
JAJ 82
83
Perm. imp. 78, 1891
JAJ *103
Chicago, m.—7s, 1899
il06»4
Wssh.— Fund.loan(Cong.)6s,g.,'92 •lOS^
78,1895
1061a
4I98, 1900
Fund. loan(Leg.;68,g.. 1902Var 113
100
Market stock, 78, la92.
Water stock, 78, 1901..
do
78,1903...
Bid.
N. Bedford-(Con'd)-3>«B,1910.AAO
N. Brunswlok,N.J.— 7B,water, 1904
New Hav'n-Park,3>« p.o.20.508. JAJ
102
109
108
126
117
106
100
97
Carabrldge,Ma8s.-Water68,'96.JAJ
City 68, 1804
JAJ
Cttt Secubities.
Ask.
Bid.
Me.— Water,6a, 1905. JAJ >118
JAJ il04i<
E. <t N. A. RR. 6s, 1894
Var 104
Bath, Me.—6s, 1902
JAJ .100
4148, 1907
a08
Belfast, Me.— 68, railroad aid, '98
Bangor,
reg..Q-K
«>«,1891
Correnoy,
Carrency,
Correnoy,
Currency,
Currency,
of aajr error discovered la these <lnotatloas.
CITT BECtTEITIBg.
Ask.
Bid.
DNITBD STATES BONDS.
6s,
e»,
Ss,
6s,
6s,
tclvla% notice
101
117
58 gold, 19;i5
Cousul. gold 5s, 1988...
1i
Coupons ou aluoe 186 J.
F&A
FAA
108
}107
......
>s
110
Janoaet
THE CHRONICLK
17, 1891.]
113
OE.VERAL QUOTATIONS OV STOCKS A>rD B0>JD3—Oostinitbd.
For Explanations S«e Note* at Head of PIrat Pa«a or Qnotatlon*.
Ballliiioro ,t 01ilo-( "on'linir(l>—
Sohiiylklll Klv. Eaat BIda .^ll, 1935
(in.
B»«rltnR.
104<«
MAB «105
MA8«11*
MAN«'18
J.tDielOS
A&O «104
1895
1902
Sterlliu',
1910
Btorllug, 5», 1927
Bterllnit. 4'««. 1933
Hterllnit,
tin, «.,
ilB, »{„
Equ.Tr.»er. 8,1891 to IBOO-M&Ni
Hiiii.Rlv.— lRti;a.«;Sii,)91».F,&V
Bait. A O. 8.W.-ciii.ABalt.78,1900
New
lat
107
ll«
120
105
105
iba"
J4J
1990
4iji>,(?imr.,
oiue 5a
|>rer. iui
do
do
do
3d do
Bait.APot'o— iRt, 6(i,K.,1911A40
Ut, tnnnol, 6». R.. K'd. 1911 .lAJ
B«ecb Crock— iHt.KMd, 48, 1 936,JAJ
B«lv1dore Uol.— liit,68,o.,1902.JAI:
Oons. 48, 1927
FAA
Boston A Albany— 7b, 1892. ..FAA
2€l
ll<*'s
.
Atoh'n A Neb.— 1st, 78.1908 MAS
Repuh. Val., Ist, 6s, 1919. ..JAJ
Cblo. A East 111.— 1st mort. 68, 1907
1st, con., 6a, gold, 1934 .... AAO
Gen. con., lat, 5a, 1937
MAN
Ch. A I. Coal R'v, lat 58, 193d. JAJ
Chic. A Gr. Trunk-lBt, 6s., 1900..
Boston A Lowell— 7s, 1892. ..AAO
8s, 189C
JA.I
1899
JAJ
48.1905-B-7
Var
6*.
4>aB, 1903
Boston A Maine— 78, 1893
78. 1894
.
MAN
Imprf.vf'uient 4«, 1S0.5
FAA
Chic. Mil.
P.D.,1898. FAA
P. D., 2d M., 7 3-108, 1898. .FAA
R.D., 1st, $, gold, 78, 1902 ..JAJ
La. C, lat M.. 7a, 1893
JAJ
I. A M., lat M., 78, 1897
JAJ
I'a. A Dak., lat M., 78, 1899. JAJ
Chic. A MU., Ist M.,78, 1903.JAJ
48,1937
FAA
Boat. A Providence— 78, 1893. JA.I
Is, 1918
JAJ
Boat. Kevere A Lviin— 6a.'97. JA.)
Bradford Bord. «i K.— l8t,68, 1P32
Sdmortg, 58, 1915
JAJ
Union Kl.— l8t, 6e, 1937....MA.VI
Brimsw. A W.— l8t,4s, g ,1938.JAJ
Han. Brad.* P.— C;en..M.7H,'9().JAJ
BnB.N.Y.&Erl«-l8t.78. 1916.JAI) 134
A
(.'8,
C.
139
Pittel).— Gen.5s, 1C37
Roclr. A P., 181,6.", 1921.. ..FAA
Consol., lat
19J2..
JAD
B ifl.A Southwfist.— 68, 1908. .J.AJ
Batl. C. R. A N.— l8t.5.s,1906.JAD
Cons. l8t A col. tr., 58,1934. AAO
Miiiii.ASt.L,.l8t78,K'd,19^7.JAU
Iowa C. A W., l8t, 7s, 1909. MAS
.
112
113
Chic.
do
l8t, 58, 1921. ...AAO
Pao.— latM..4>»8,)912JAJ 105
2d M.. 6s, g., '9l,ixr,.at4's% JAJ
Bd M. (guar. C. P.), 68, 1905. JAJ 106
do
38, 1905. JAJ
„ "lo
Oallfor.
Camden AAH.— l8t,78,g.,'93..J.kJ
lOS"*
Ch.
OatawlR8a-Mort.,78, 1900....FAA
Oedar F. A Min.— Ist, 78, 1907. JAJ
Oent. of Oa.— l8t.con8.,78,'93.J&J
Collafl trust 58, 1937
MAN
Gen. mort., 5b, 1987
83
Q—
op., 1902. .JAD
1929
AAO
Mil. A Mad., lat, 6a, 1905.. ..MAS
Ott. C. P. A St. P., 5s, 1909. .MAS
North. Ills., 1st, 5s, 1910... .MAS
Madison Ext., Ist, 78, 1911.
Menominee Ext.,l8t,78,191 IJAD
84
114>a
117%
107%
109 ^
11038
Ufa
'"
2d mort., 7a, 1909, guar.. .JAD
8. C.A Pac, 1st, 63, 1898. .JAJ
Frem.Elk.A Mo.V.— 68,1933AAO
Un.stainppd..
do
do
ChicPeo.ASt.L.— lat5a,1928..MAS
140
Utoh'ld
11258
CAW.,
do
A
do
A.2-4. 1989. JAJ
48, 1989... JAJ
A. 3-4. 1989. JAJ
2d Consol. R. A
Ohee. O. A 8.W.-M.6S, 1911.. FAA
2d mort., 6s, 1911
FAA
Clie8liire—68, 1896-98
Ist M., 78, '93
JAJ
BterUng mort.,6s,g., 1903.. JAJ
MAN
Lonl8'aAMo.R.,l8t.78,1900FAA
do
2d,78, 1900 MAN
Sinking fund,
1903.
68, g.,
.
.
8t.L.Jack8'v.AC.,l8t,78,'94.AAO
do l8tguar.(564).7s,'94AAO
do 2dM. (360), 78, '98.. JAJ
do 2dguar. (188)78,'98.JAJ
lIlss.Riv.Bridge, l8t.,8.f.,68.1912
OWo.A Atlantic— lBt,68,1920.MAN
CWc. Burl.A Nor.- 58, 1926. .AAO
2d, 68, 1918
Debent. 68,1896
Equipment 7s. 1903
*
Price nominal.
(
JAD
JAD
FAA
119
do
2d mort., 1900. MAS 101
OhIoAW.Va., lst,8.f.,78,lb 1 O.MAN 110
85
Col.Hhaw. A Ilk.-lst 58,1940 JAJ
Col.Sprlngf.AC- l8t.78,1901.MA.s
A
We8t.rn,
lat, 6a,
do
I04ia 108
118
105'* 108»i
111
114
114'j 118
9838
68
75
68
116
93
68 H
70
10»>s lOS
2d M.7e,1904.MAN
tJn.A Logan8p..l8t,78, 1905.AAO
Chi.8t.P.AK.C.— Pr'ty58,1934.JAJ
113
MAN
1st. Exten., 78, 1891, reg..
7s, 1891
1st. M., Pa.Dlv..7s,191....7MAS
AAO
Coupon
Del. Lack.
MAN
Purchaser also pays accrued
interest,
c In London.
U
Coupon
otL
100
126
JAD
1928
A F.D.—Guar.
13S
110%
81
4h,1905.JAJ
J&J
Ala. Cent., Ist, 68, 1918
East. A W. Ry., Ala. -ist, 68, 1926
Eastem.Mass.- 68, K.,1906. .MAS
50
75
AAO
Erie A Pitta.- Con. M., 78, '98. JAJ
AAO
Equipment, 7b, 1900..
119
117
80
81
118
125
123
115
93%
97 ii
10S>*
Bost.H.T.
A
A
MAN
A Den v. C— Ist,
6s, 1921
Gal.Har.ASanAnt.— l8t,68,g. 1910.
2d mort., 78, 1905
West. Div. Ist, 5s, 1931. ...MAN
Ft. Worth
JAD
114
95
119
In Amaterdam.
t
lu Frankfort.
32
103
93
80
5'
851a
85
103
&i
123% 124
111%
94
110
105
102
103
108
107
107
101
113
106
LYo"
1171a
112
loa
109
107>«
lu7»*
102
97
9tf
113
100
99
120
West., deb. 5s, 1913.
P. Marq.— M. 68,1920.AAO
1st, con., gold, 5s, 1939
Port Huron Div. 58, 19^9
Fla. 0. A Pen.— l8t, g., 5s,1918.jAj
Flint
100
115
lis
107
IO314 104
Evans.AInd.- l8t,guar.,g.,6s,1924 105
JAJ 102
Ist, con., 1926
Evans.A T.H.,lBt ooa.,6s,1921,JAJ 115
JAj
2d, 68, gold, 1900
Fitchburg— 58,1899-1903.... Var.
MAN
58, 1908
AAO
68, 1897
AAO
78,1894
MAS
4188, 1897
AAO
4a, 1907
80
S5
103
A Ainboy-M.,58,1920MAN
Mt. Vernon— Ist, 68, g.,1923AAO
981a Evans. A Rich.— Ist 5 g. 1928. MA3
Evansv.T.U.AChi.— Ist, 68, g.l900
t
87
io6>|
115 la 118
80
loo"
lOU
104
I04>a
90
93
65
Gal.Hous.A Hen.— l8t,58,1913AAO
JAJ 105
Georgia— 63, 1910
Georgia Pacitlo- let. 6«. 1922.JAJ luU
105
O.I.St. L.AC.— Istg. 4s, 1936,ti— Fl
95% Con. 2d mort., 58, g., 1923. ..AAO 731a
101
17
Con. income, 58, g., 1923 ..-AAO
112
exlie 118
Con. 6s. 1920
5
Cin.AIndlanap., l8t.,7B,'92.JAD
120
1021a Oa.Carol.ANo.— lat,58,g.,1929.JAJ 101%
JA,I
Oa. 80. A Fla.- lat Ua, g, 1927. JAJ
117 120
2d M.. 78, 1892
102
Indlanap. C. AL., 7a, 1897..FAA'S
(^r.Kap. A Ind.— Ist, l.g., g'd, 7s, g. &113
114
Ist M.,78, l.g., gold,not guar. AAO )110
Cln.Laf.AC— l8t,78,g.l901.MAa'6
107
115>a
il05
Cin.Jack.AMao.-l»t,.5e,1936 JAD
Ex laud grant, l8t7a, '99
65
107
MAS
General 5s, 192*
Cin. Leb. A Nor.— Ist, 58, 191GJA.I:Sli)l
Vosi
Muskegon Div. cs, 1926. ..JAJ.. e 98
Cln.Rlch. AChic— Ist, 78, '95. JAJ 4106
109
78
104>4
Cln. Rich. A F. W.— lst,7B,1921J AU' J 1 10
1141a (Jr. Bay Win. A St.P.- 1st, 6a, 1911
20
Cinn.8aud.AClev.— 68, 1900. .FAA }lOO 100>4
2d, incomes, 1911, all sub. pd
C5
a»n.A8t.Jo.-Con. 6s, 1911. .MAS 1151s
Consol. mort., 56, 1928
100>9 100%
JAJ 1031a 106
Kan. C. A Cam., lOs, 1892.. J.AJ }
6100 |100», Cin.ASp.- 78,C.C.C.A I. ,1901. AAO 110 115
Barrisb'g P.,Ao.,l8t.,48,1913.JAJ 102
115
78, guar., L.S.A M.a., 1902.. AAO 110
4 gg^'lOO
Hart. A Oonn.Weat.- 5a,1903.JAJ
117
llClearr. A JeH.- Ist.Oa, 19J7...JAJ 116
jlOO
85
108 >a
111
104
1411* 14S
Ist mort., guar., 2ia8, la05..JiM
1st M., on Ext.,guar. 4a,1905JAJ
5b, 2:)62
73
1936
.JAJ e 78
Minn. AN.W.lat, 58,1934.. JAJ. ,e 78
Chic.St.P.Min.AOm.- Con.Oa, 1930* 117%
Oh.St.P.A Minn. lat,6s,1918.M*N
8t. PaulAS.City, lat6s,1919.AAO 121%
Chic.AW.Ind.—S.fd. 08,1919 MAN
Generalmort., 6a, 1932 ....Q— m|
Chi. AW. Mich.-Geu.5s, 1921 JAD § 931*
Cln. Oeorg. A Ports.- 6b, 1901 AAO! .;....
Cln. Ham. A Day.— Consol. SsAA.O 5105
Consol. S. F.,.7s, 1905
AAOl 123
Consol. mort., 6s, 1905
AAO'4112'a
2d mort., gold, 4ia8. 1937. JAJ 5 92'4
Cin. H. A 1., lat M., 78, 1903.JAJi5118>4
105
1021a
lOlUg 103 19
110
Elizab.Lex.A Big S.— 68, 1902.MA8
ElmlraAW'mspt— Ist 6a,1910.JAJ
Ist, g, 5a,
90
A
Irapr., g., 58,
Easton
113
114
lis
1911. ..JAJ
Concord A MontrealBoit.Cono.A Mon.— Oon8.7»,1893 104
Consol. mort., 6a, 1893
AAO 102
Impiovement 68, 1911
JAJ 109
Conn. A Pasaump.- M.,78,'93.AAO 103i«
Connecting (Phlla.)— 1st, 68 ..MAS, 116
Consol. RR.of Vt., lat, 58, 1913.JAJ|5 86%
Gov. AMHCon-l8t6g.l915..MAS! 55
Dayton A Mich.— Con. 5s,1911.JAJ ilOOi^
Dayton A Union— 1st, 7b, 1909JAD
Dayt.A West.— Ist M.,6s,1905.J.feJ 108
Ist mort., 78,1905
JAJ )120
Delaware— Mort., 68,guar.,'95. JAJ 117
Dei. A Bound B'k— Ist, 78,1905FAA 131
Delaware A Hudson
Equip. Aimp.,g., .5s, 1938. -MAS
Cincinnati Ext. —5b., g,1910FAA
Mobile A Birm., 1st, 58,1937.JAJ
Kaoxv. A Ohio.lst, 6s, 1925. JAJ
AAO
A
JAJ 105
JAJ 5-
1310
Cnlcago A Alton.—
<8.
110
MAN
l8t,6s,1916.JAJ
A
A
AAO
AAO
l8t Consol. E.
106
Divisional, 5s, 1930
JAJ
Consol. 58, g., 1956
Ist Ext., gold, 5s, 1937. ......JAL)
1291a
111
106
106
,
»0>«
'85%
do
Col.
1251a
11358
99
108
86
2d M.,78, 1892. JAJ 102
AToledo— l8t7s,1905..FAA 110
Col. AHook.V.— lstM.,78,'97.AAO
Des.M.
Louisville A St. L.. 6s, 1927. AAO
106
Cal. A Or.-Serle8A,5 g. 1918. JAJ }103
Chic.R.I.A Pac— 68,1917,coup J Aj 124
Series B., 68, i, '92
South* eatern
Chicago
JAJ
tll2
Mort., gold, 58, 1939
Exten.
col. 5a, 1934
JAJ
Landg. 88, g.,19i;0
9l»4 IOC's Chlo.St. L. AP.— Con. 58,1932.
98
West.Pacif., l8t,6s,g., -OO.-JAJ 107
Chic.
110
Gt. East., l8t, 7s, 93-'95. 105
Central of So. Car. Ist 6s,1921.JAJ
CoLA Ind. C, lat M.,78, 1904.JAJ 114
Charles.Cln.A C.l8tg.58,1947.Q-J
Onarl'teCol.AA.— Cou8.,7s,'95.jAJ
Sdmort., 7b, 1910
AAO
Consol., gold, 68, 1933
JAJ
^artler8-l8t,7s, 1901
AAO
Chea-AOhlo.- Pur.money fd.,68 '98
Berlee A, 68, 1908
AAOl
Mortg.-vge 68, 1911
AAO'
C.AO. liy, let58, 1939
MAN
6s,
Weatern.—
1101*
Convert. 78, 1892
JAD lOS^a 104\
Mort. 7s, 1907
MAS
1041s
Den. City Cable Ist 6s, 1908. .JAJ
SOH
138
1241a
I0019
1041a
70
19I6.JAJ 105
AAO 80
90
Col. A C.MId.-lat,4ii8, 1939. .JAJ
85
Coliiin. Hock.V. A T.— Con.5B,1931
Gen. 6s gold, 1904
JAD 85
Columbia A Gr.— lat,
2d mort., 68. 1923
A R. G.— 1st con. 4e, 1936. JAJ
l8t7s,gold, 1900
85
108
4th Mort., 6a, 1892.
JA.I
Colorado Mid.— Ist, Ua, 1936.. JAD
Connol. gold, 4s
1940
Den.
AAO
Northwest.Un., lat,78, 1917. MAS
Chic. ATomah.— l8t,6s.'05.MAN elll
Cedar R. A Mo.- ist, 7s, '91. FAA
Ist mort., 7a, 1916
MAN
109»«
Central Paciflc-
1895
JAJ
1896
JAJ
1897
J&j
1898
JAJ
8 Joaiuin.l8tM.,6s,g.l900.AAO
5 g. 1940. AAO
WinonaASt.Pet.— 2d7s, 1907MAN
g., 1916. ...JAD
JAJ 109
6s, gold,
6s, gold,
6s, gold,
6j, gold,
JAJ
1989
102i(
Ist extension, 7
Leh.AWll.— Con.78,g.,1900,a88.Q 112 113
Mortgage 58, 1912
MAN 95 98
Am. Dk.A Imp. Co.,58,1921.JAJ 106^ 107
106>«
Central OhioCons. l8t, 4is8, 1930
MAS lom
let,
lit,
lat,
Ist,
g. 48. ser. A.,
A No. Pac. con.
Ole.
Det.B. O. AAlp..lat,6s.l9l3.JAJ
Det.G.HavenAMil.— Equip.68,1918 eI13
AAO «113
AAO 106ia'107H Con. M., guar. 68, 1918
Det. L. A North.— Ist, 7s, 1907. JAJ 5106%
do
debent., 58,1933.MAN 106 la
25-yra. deb. 58, 19o9
MAN 101 104>i, Gr.Rap.L.A D., lst,5s, 1927. MAS
31
Det. Mack.A M.— Ld. gr. 3ia8, 8. A.
Exten. bda. is, 1926
FAA15 loo
Dub.AS. City— l8t,2dDiv.,'94. JAJ
Escau.AL.8up., lat, 6s, 190I.JAJ 106
DuluthAIronR.— lst,5s,1937.AAO 95
Des M.AMinn'8,l8t,78,1907.FAA 121
91
Duiuth 8. 8h. A Atl.— 58,1937.JA J
Iowa Mid., let M., 8s, 1900. AAO
Dunk.A.V.AP.— l8t,78,g..l900JAD 110
Peninsula, Ist, couv.,78,'98.M&S 112
E.Teun.Va.AGa.— l8t,78,1900.JAJ 111
Chic. A Mil., l8t M., 7s, '98. .JAJ 114
JAD
MAS
101>« 1021,
A Mat. Val— 0. 58. 1938 JAJ
A Pltl«.-Con.B.f.,7a,1900M AN
Cleve.
Col.
116>s
12U>«
10766
1920.JAJ 5110
Sinking fund, 68,
do
58,1929
W.con.6s.l908MAS
OaroUua Cent.— l8t.6s,>;.. 1920. JAJ
Oent. of N. J.— l8t cons. 78,'99.Q-J
Convert, mort. 78, 1902
MAN
Oonveit. debent. 68. 1908. .MAN
10.5
122
JAJ 101%
1914
Consol., gold, 78,
2dmort.. 58, 1913
MAS
0H>6F.AYad.V.,lRt.68,Ser.A.l916
l8t68, ser.B, 1916
J.A.I.
l6t, guar.. 1929
M
1921JAJ
i^icago A Northwest.
Con. 78, 1915
Consol. 6b. 191K... .....
JA.'
A Burl. Co., 68, 1897.'faa
Canada flo.— Ist 58, (?uar.,1908,JAJ
Bav.A West.,
Div., Ist. 6s,
Gen.
104
120
Bid.
Olnv. Akron A Col.— lst,6a,1926J4J
123
97%
G'n. M., g., «•, 1927
104
M4'«
Equip ir. A '2d M.. 10-4Oa...FAA
lOO'e
05
87 M 88 14
103 >t Oleve. A Canton -lat, Sa. 1017..IAJ
06
C.C.O.A8t.L.— C. Dlv., 4B, 1930JAJ
80
»4>« 01ev.(Ml.Cln.A In.- lat 7a,'99. MAN 1)6
Consol. mort., 7b, 1914
90
JAD 125 135
Cons. 8. F., 7e,1914
80
JAJ el 25 130
107
Qen. con. 6s, 1934
JAJ 110
101
Belief. A Ind. M., 78, 1899. ..JAJ 112
105
115
106
891a
110
Ul4 115
hl2
5120
122
512:3% 124
05
106
JlO
II2I4 115
118 121
98 >< 98 1<
971a
110
105
Wis. Val. Dlv., 1st, 68, 1920.JAJ {104
Fargo A South.- 68.a8a.1924.JAJ
Inc. couv. S. F. 5a, 1916
JA.I
Dak. A Gt. So. 53, 1918
JAJ
Caiudon
O
58, g.,
Dubuque
85%
110
L.1V., 58,
Dlv.,58, 1921...JAJ
Terminal
Rap.I.F.A N.,l8t,68,1920.AAO
1st 68, series
Caiie Glrard. 8.
A L. Sup.
Wis.AMlnn.
85
8fl,
Railboad Bowdr.
Art.
112
113
12Uis 125
Consol.. 78, 1905
JAJ 123>9
lat .M., I. A D. Ext.. 78, 1908JAJ 1211a
Ist M.,C8, 8'tliwe8tDlv.l909JAJ iim 113
1st M., 5s. La C. A Dav.l919JAJ 100
80. Minn, lat 6S.1910
JAJ 1121a
Hast. A Dak.Ei. lst,78, 1910.JAJ ligia 121
do
58, 1910
JAJ 9.1
Chic. A Pac. Div. 6s, 1910 .. .JAJ 111
do West Dlv., 58,1921. JAJ 105
Clilo. A Mo. Riv. 58, 1926. ...JAJ
97
98
Mineral Pt. Dlv., 58, 1910. ..JAJ
100 la
Bradf.Eld.A Cuba— l8t.68,1932JAJ
Brooklyn Ele.— Isf, 68, 1924. .A.tO
Buff.Roch.
A St. Paul—
M.ASt.P.lBt,
JAJ
JAJ
Do
Bid.
tnilo. B. A Q.— Cons.. 7a. 1903. .JAJ 122
AAO 103>«
6a. sinking fund. 1901
58, dolienture, 1913
MAN lOJ
Iowa niv. 8. F.5s, 1919
AAO 101
Iowa Dlv.. 4s, 1919
AAO 93i«
Denver Dlv., 4b, 1922
FAA 93>4
48, plain bonds, 1921
MAS 84H
Net). Ext., 48, 1927
MAN 88
Plain, 78, 1896
JAJ iioe
Bonds, 58. 1895
JAD Sioi)
Convert, deh. 59. If 03
MAS 104%
Bar. A Mo. R., I'd M.,78,'03.AAO MOlit
11
BDT.AMo.(Neb.|,l8t,68.1918.JAJ
ConB, 68, non-ex., 1918
JAJ ho.'i%
4s, (Nel).), 1910
JAJ S P9
109
Neb. RR, lst,7«, 1896
AAO,,.-..
Oin. A 8. W., iBt, 88, ISOn.JAD
Ott. Osw. A FoxR., 8s, 1900.JAJ
JAJ
611,1895
Railroad Bomm.
Aik.
Bid.
Railkoad Bonds.
70
11:2
IIU
74>a
2-2
101%
93
117
tfU
low
117
106"'
THE CHRONICLE.
114
[V< L.
UI.
GENERAL QUOTATIONS OF STOCKS AND BONDS— Contin(jed
For Kxplanatloas See Note*
Bid.
Bailboas Bonds.
at
Head of
Railkoad Bokds.
Ask
PIrst Pa»re or <laotatlon<i.
Bid.
Ask.
RAtLBOAD Bonds.
Bid.
Ask.
J&J
N.Y'. Lake Erie & West.— (Cont'd.)
Louisville Southern c,a
Housatonic— Cons. 5b, 1937. MAN 104 105
Long Dock con. g.. 68, 1935 AAO II6I3 1161b
Manhat. El., eonsol. 48, 1990.AAO 5 96
Ho'8t.E.&W. Tex.— let.78,'98.M&N
A&O
New 2d oons.es, 1969
J&D 98
9H%
Bond, scrip, 4s
B.& Tex.Cen— 1 Bt 7r, Tr. reo. .1891 11314 L15
Collateral Tr. 68.1922
M&N
113
Mntrop'n EL— let, 68, 1908.. J&J il2is
78,Tr.ree.'91.J<feJ 113
Weet.Div., Ist,
105i«
M&N
Funded counon 58, 1969
J&D 80
2d 68. 1899
115
WacoAN.W.,l8t,7a,g.,1901.J&J
112
Gold iacorae bonds, 68, 1977
75
N.Y.Elevated.— let. 7s, 1906.J&J 111
2d main 85, 1913, Tr....Tec.A&0 120
Chic. & Erie 1st 4-5b g. 1982.M&N "a'i'
85
Maine Cent.— Mort. 7s, 1898... J&J
87
84
Gen. niort. 68. 1925, Tr. reo.A&O
Income 5s, 1982
Exten. bonds, 63, g., 1900... A&O
99
1920. A&O
Hant.&Br.Top— 1st, 48,
A&O (130 132 ^f.Y. &L. Br'ch— I8t. 5e, 1931. J&D
Cons. 78,1912
A&O 100 102
Oone. 3d M. 5e, 1895
A&O
N. Y. N. H. & H.lBtr.48,1903.J&r) 104
110
Cons. 4148, 1912
IlUnolsCen.— l8t,gold,48,1951.J<U 101 104''e
N.Y.&North'n-lst g,59,1927.A&0 105
94
Leeds & Farm'gt'n, 68, 1896.J&J
J&J
Gold, 3>«e, 1951
49
2d gold 18. 1927
PortL & K.,Con8. M., 68, '!)5.A&0
A&O 94 96
Col. tr.. (fold. 48, 1952
II2I4
N.Y.Ont.A W.— Ist.g., 68, 1914M&?
Debenture, 68, 10-208. 1905. F&A
BpriDgHcM Dlv., 68, 1898. .J&J 107'« no's
Consol. 58, g., 1939
94
Maric.&Phcenlx-lst63.1919.M&N
J&D
F&A 112
ifiddle DiT. reg. 58, 1921. ..
124
Mar'ta&N.Ga.-let.68,g.,l911.J&J
N. Y. « N. Eng.— let, 78, 1905. J&J
106
Bterling, 8. F., Sb, g., 1903. .A&O elU4
lie's
107
J&J
iBtM., 68, 1905
J&J
Consol., 6 g, 1937
Sterling, gen. M.,68, g., 1895. A&O el 05
103
105 ig
2d m.,6s, 1902
V&A
J&D el07 109 Marq'tteHo.A O.—Mar.&0.,8B. '92
Bterling. 58. 1905
105
M&S
2d 6s (scaled— 5 p.c. till '92). F&A
68,1908
Ohlo.8t.&N.O.-T.l'n,78,'97.M&N
104% N.Y.Pa. & O.— Prior lien, 68, 1895..
J&D
97
88,1923 (extension)
let con. 78. 1897
33i«
100 ij
do
1st 78. 1905
6b, 1925 (Marq & West.). A&O
J&U
2d, 68. 1907
2d mort. inc., 59,1910
41a
Memph.A Charl.—lst,78, 1915. J&J
JAD 109
Bs, 1951. gold
98
3d mort. inc., .^H, 1915
1%
2d mort., 78, extended, 1915.J&J
Mem. Dlv., let 48, g., 1951J&D
115
95
Deferred lut. Warrants
J&J
iBtoonsol. 7s, 1915
Ind. D. & W.—Gold, 5s.l947... A&O
32
Equio. Trust., 58,1908
M&N
Ist. cons.. Tenn. Hen, 7s,1915 J&J
J&J
2dm. Inc. ."ib, 1948
101
N.Y. Phil. & Nor.— 1st, 1923 ..J&J 1021s 105
93
J&J
Gold, 68, 1924
Ind. Deo.ASp.— l8t,78.190e.A&0
M&N
Income 68, 1933
A&O
2d 6b, 1899
Ind'poUiA St.L.— l8t,78,1919.Var. §114
N. Y.. Prov. & Boston 7a, 1899. J&J
Mexican Cent.-Prlor.58,1939.J*J
Ind'apoIlsA Yin.— l8t, 78,1908.F&A IIS
72 Hi N.Y.S.&W.-lst refnd.,5B,1937.JAJ
103
JAJ 72
48, 1911
951s 971*
Coneol.
Sd mort.. 68, g., guar., 1900.M&N
3«l4 BO'S
2dmort., 4ia8, 1937
iBtcon. inc. 3s, 1939
July
F&A 74 80
XntAGt.Nortli.— l8t.6B.1919.M&N 114
23i« 24
75
82
84
74
Gen. m. 5s, g, 1940
con. Inc. 3s. 1939
JuU
2d
F&A
8d oonp. 68, 1909, Trust rec.M&S
Mldl'd of N. J.— l8t,6s,1910.A&O 1121s 1141a
Old Ist mort. 78, 1911
JsJ
Iowa Ocnt.— l8t g., .58, 1938.. J&D 82>a 85
100
129
Nat.— iBt, 68, 1927.. J&D
Newb'g Dutch. & Conn.— [ncB.1977
Mexican
r» Falls A 8.C.— lBt,7e,1917.A&0 H27
Norf. & West- Gen., 68, 1931. M&N iia"
2d M., Ser. A. lnc.,6s,191 7. M&8
Jaok.T.A Key W..l8t6 g ,1914.J&J
113
New River 1st 68, 1932
2d M.. Ser. B.inc.,6s,1917.. April
A&O
Jefferaon— lei58,g. Erie,i9u9.A&0 102 105
113>« Mich. Cen.— Consol., 7b, 1902.M&N 1231s 1S4
Impr. & Exten., 68. 1934. ...F&A
Jen. Had.AIiid.-l8t,78,1906.AAO 113
120
106 IO7I4
Consol. 58, 1902
MAN
Adjustment 78, 1924
Sd mort., 78. 1910
J&J
(J.—
M&S 117 124
Equipment, 5s, 1908
68.1909
J&D t 9238
Kanaw. A Mloh., l8t4 g., 1990.J&J 73
I14i«
96
98
Clinch V. D., Ist 58, 1957.... M&S
5s, coup., 1931
M&S
Kansas C. Brit, Ist, 6b, 1916. .J&J §114 115
105
103
Mortgagees, 1940
J&J
Debenture 63,1905
Kan. C. Bridge & Term., Ist M.J&J
M&S
102
99 100
J.L.&8aK.Con8.l8tM,88,'91.M&8 101
Norf 'k & PeterBb. 2d, 8b, '93 .J&J
Kan. (J. Clinton & Bpr.— lBt,5s,1925
180
Pleas. Hill & De Soto, Ist. 78, 1 907 (115
ee,1891
do
M&S 1021,
80. Side, Va..ext. 5-6b
1900 100
K.C.F.8p.*Mem.-l8t,68.1928.M&N lUl 111'*
JoUet & N.Ind..lBt,78 (guar.M.C.) 119
do
2d M.,ext. 5-68 ...1900 100
105
K.C.&M.Rr & Br.lstS g,1929.A&0
Det. & B. C, iBt 8a, 19t2 ..MAN 128 ^ IV914
do
3d M.. 68, '96-1900.J&J 100
Current River, let.os. 1927. A&O 5 looH 101
Midd. Un. &Wat.aap-lst,5B,1911
Va.ATenn., 4th M.,88, 1900.J&J 122
93H 100
116
82
K.0.Ft.8cott& Q.— l8t,78,1908 J&D 115
2d 5e, guar. N. Y. 8. & W., 1896.
do
extended 5b,1900.J&J 100
Kan.C.M.&B.-lBt, 58. 1927. MAS 1 95% 96
95
Mil. Lake Sh.& W.-68, 1921.. M&N 122
100-year mort. 58, 1990
J&J 91
Bin, equip., 6 g., gu., 1 903.. M.feS S102'i 103
Conv. deb. 58, 1907
North. Pac. Coast let 68
F&A 99
M&N 99 102
100 Hi North Penn.— let,7B, 1896
K.a8t.Jo8.&C.B.—M. 78,1907. J&J Maoij 122
Ext. & Imp. 8. f. g. 58, 1929. .F&A ItO
M&N IIII3
Nodaway Val l8t,7B,1920.J&U $109 111
Mich. Div., Ist, 6e, 1924
Gen. mort., 78,1903
J&J 113
J&J 123
K«n.C.Wy.&N.W.-l8t58.193S.J&J
Ashland Div., let 68, 1H25..M&S
Debenture 68, 1905.
M&S
82 >t
Ken. Cent. Ry.—Gold 4s, 198T.J&J
Incomes, 68, 1911
Northea8t.,S.C.— l8tM.,88,'99,M&8 122
M&N 102
Kentucky Un 1st M.,58.192g.JAJ
St. P.E. &Gr. Tr% lst,guai.. 68
2d mort.. 8b. 1899
M&S 105' 121
Keoknk&DesM.— l8t.58,1923.A&0 99>s
Mil. & No.— 1st, 68, 1910.. .J&D 10814 109
107
Consol. gold, Gs, 1933
J&J
100i«
Kings Co. El.- 8r A.,t8, 1925. .J&J
Ist, consol. 6b, 1913
J&D IC8I4 109 Northero, Cal.— let, 6b, 1907. .J&J
114>a
2dmort.'B. 1938
A&O
Minn'p. A St. L.— 1st, 7s. 1927. J&D 103
loo
ConPOl. 5a, 1938
A&O
Fulton El. Isc M. 5s. 1929..M&S
98
Ist M., Iowa City&W., 1909.J&D
9014
Northern Cent.— 41*8, 1925. .A&O 100
Kings. &Pemb.— Ist. 68,1912 J&J
2d mort., 7b, 1891
2d mort., 6s, 1900
J&J 50
A&O
lake E.& West.— l8t,g.,58,l937J&J luSHi 110
90
Southwest.Ext.,l8t,78,1910.J&D
70
Con. mort., 6s,g.,ooup., 1900.J&J 113
Lake Shore & Mich. So.—
Pacific Ext., Ist, 68,1921.. A&O
00
Mort. bds., 58, 1926, seriesA J&J 107
01. P. A Ash., new 7b, 1892. .A&O 103
Imp. &Eqalp. 6e, 1922
106
J&J 51
do
series B..
Bnff.&E., new bde,M.,78.'98. A&O
131
Miuu'p. &Pac., lat, 58. 1936. J&J
Cons. M. 68., 1904
J&J 1151s
Det.Mon.& Tol.,lat,7fl,1906.F&A
Minn.S.Ste. M. & Atl.-l8t,5R,lVi2G
Con. mort, stg. 6b, g., 1904... J&J tXlOo 107
Dividend bocdn. 78, 18!'9...A&0 llBlfi
Mo.Kau.&T.-let. g., 4s, 1990. J&D
76 H 76%
Union ER.— let, (is, end. Cant.,'95 101 105
123 >i
X'akeShuie,oou8.,cp., l8t,78.J&J 121
2d, g. 48, 1990
F&A 40 \
Northern Pac— Gen., 69, 1921.J&J 114% 115
do cons., op.. 2d,7e. 1903.. J&D 123
Kane. 0. & Pac. Itt is. g F&A
113
Gen. land gr.,2d. 6e, 1933.. .A&O 112
Mabon. Coal RR.l8t,5»,1934.J&J 107 ioj
Mo. Pac—Consol. 6e, 1920. ..M&N 107
110
Gen. land gr., 3d; 6b. 1937... J&D 109
Lehigh &H. R. 001'. 33,1920. .J&J
Sd mortgage, 78,1906
M&N 1141a II514 L. G. COD., g. 5s, 1989
85%
JAD 85
tehigli Val.— iBt, 68, 1898. ...J&D 112
Trust gold, 58, 1917
M&S 9315
Dividend scrip ext. Gs, IP07.J&J 102
Con. M.slerliag, 6 ,r., 1897... J&D el04
106
Col. trust, 58, 1920
F&A 791s 80is Pen D'Oreille Dlv., 6s, 1919. .M&S 1021s
2d mort., 78, 1910.
M&8 li>5
Lexington Div., 5, 1920
F&A
Mo. Dlv. 68, 1919
M&N lo2i«
Con. M., 68, g.. 1923 reg
J&D 128>4
Pac.of Mo.. Istex. 2.48,1938. F&A
iOOifl
James Riv.Vai.— l8t,g.,68,'36J&J 102
I.£b.V.Ey,Ui 4iaf. g., 1940,iec.gu. 103
2d 78, 1991
J&J 99% 100
Spokane & Pal.,lBt 6s, 1936.M&N 101
UtcM. Car* Went, l8lg.68,'16J&J
98
Ver'eVy.Ind.&W.lstSs, 1926M&8 ;ioo
Helena& Red Mt. 1 9t,6'*, 937M&S 101
L. Mlaml—Keuewal 58,1912.. M&N
Leroy & C. Val., l8i,58.ia26.J&J
104 14 106
Dill. &Mau., let. (is, 1936.. .J&J
L. Bock & Ft.S.— iBt, 78, 1 905..J&J i 9711
S)8
Car. Br.. Ist 68, g. 1893.. ..A&O
Dak. Exr., let, s.f 68, 1 937. J&D 103 >4 104
Little R.& .Meu).-l9t,5«,1937.M&8
67
Mobile &0.— Ist, g'd, 68, 1927. J&O 113
105
No.Pac.&Mon.,l8t,68, 1938. MAS
Long Island— l8t M.. 78, 1898. M&N U6
let Extension 6e, 1927
Q->J 109
Coeur d'Al., l8t,g., 6s, 1916.M&S 101
IstooneoI.Ss, 1931
Q—J 113
Gen mort.. 4a, 1938
M&8 6414 60
do Gen. Ist g., 8s, 1938.. .A&O 101 107
Gen. M. Is, 1938
J&D 911$ 92
et.L.A Cairo— 48, guar.. 1 931.J&J
86
80
Cent.Waah'n, Ist g.68.1938.M&3 103
M.Y.&R'yB'ch,l8tg.Ss.l927.M&8
Mont. & Eutaula, letGs. 1909. J&J
North. Pac. Ter. Co. 2d molt. Inc., 1927
S
Morg'n'8 La.&Tex.,l 8t,68,1920J&J 109
110
l8t, 68, '33
J&J 10t>
K. Y.& Man. Beach, let 7h,'97,J&J 105
110
let mort., 79, 1918
12c I4
-V. W. Nor. Car. IstCs, 1938. .A&O
A&O
OS's 100
N. Y. B. & M. B.,l8t COD. 58, 1935
Morris AEesex— let, 78, 1914 M&N I4l
i'ii" Norw'h &Wor.— l8tM..68.'97..Mji8 iiog
111
Brook. 4 Mou., let (is, 1911. MAS lii'h
2d mort, 78, 1891
F&A 10418 104. I4 Ogd.& L.Cham. -Cons.6B,1920.A&0 103% 104
1st 58, 1911
MAS 107
Conv. bonds, 7e, 1900
121
2014
Income, 68, 1920
J&J
20
2d, 58, 1938
J&D 101
General mort., 7e, 1901
A&O 122
Ohio I. & W.— iBt pfd.58,1938..Q-J
Bmlth.& Pt. Jeff;,let.7B,l 901M&S 106
Consol. mort., 78, 1915
J&D I36I4
Ind. Bl. & W.— Ist, pf., 7s, 1900.. ii2" 117"
L. I. City & Flu. Ist 68,1911. M&N
Nashua & Lowell— 6s, g., '93 F&A S103 105
Ohio & Mies.— ConB.,s.fd.7e,'98 J&J 110 113
Lou'v.ET.&8t.l,-l8t,68.l926.A&0 107 109
5s, 1900
.F&A 510514 106
Cone, mort., 78, 1898
E. R. 4E. Div., 1st, 68,1821.J&J 104 >« 105
J&J 110 112
Nasb.Chat.&S.L.— l8t,78,1913.J&J I26I4 1271s
120
2d consol. mort., 78, 1911... A&O
2d mort., 2-68, g., 1936.
85
Sais
2d mort., 68, 1901
lst,8pringf. Div., 78, 1905.. M&N iisis 114
J&j 103
H. T. C.&C.lBi68,g.,1927.A.iro
89 100
Consolidated gold Ss, 1928. .A&O 10614
1st gen, 58, 1932
100
C0D80I. 58, 1939
J&D
88
J&J
New Haven & i'erby-Con.58,19 18 SlOl 1031s Ohio River RR.— let. 58, 1936.J&D 99
LoolsT. AMa«hr.-Cons. let,7e.'9b 114
115
37"
New Haven & N let 78,1899.. J&J II8I4 12U
Gen. gold, 58, 1937
OeolUan Br., 7s, 1907
A&O
MAS 102H
Consol. 6s, 1 909
a&O 120 1«
Ohio Southern— 1st 68, 1921 .J&D 105
O. A HobUe. let 68, 1930. J&J 114ie 117
N. J. Junction, let, 48, 1986.".'FaA 100
Gen. M. 48, 1921
M&S 58 >s 60
2d, 68, 1930.. ..J&J
llOH N. J. &N.Y.-l8t,68,
• b'°i.»
1910...
«.H. AN., letea, 1919
Ohio Valley- Gen.M.,5g.,1936.J&J
J&D llO"* 113 N. J.8outhem-l8t, 68. 1890.MAN 100
eea 1 mort. 6b, 1630
J&J
Old Colony— 6s, 1897
F&A 108 Is 110
j&d 113>( 1141a N. O. A Gulf-Ist, 68, 1926..M&N loOi«
ioa'T.C.ALex.-let,7s,'97 ..JAJ 5109
68, 1895
J&D 101 106
109 >«
«d mort., 78, 1907
78, 1894
M&S 108 109
AAO ai9 120 5\9- *.5'"i'tliea8t.-Prior 1.6s. 19 1 el 13 102
115
?»?•:;* M-.6e,g.,1904.MAN
1904
S-X^ Hiid.Elv.-Eit'd5s.
41S8,
A&O lo5 107
w^/;^0-""-.»'.7s, g.,1901JAD ell5 117
N.Y.C.&
101%
M&N
liss, 1897
M.ACIarksT..Bt'K,68,g.,igo2 F&A :112
J&D 101 103
114
1st coup, 78, 1903
fenaaoola Dlv.,Iet.C9,iy20..M&8 107
J&J I2714 127''8 4e, 1938
J&J 104 ice
Debenture 58, lf^84 1904. ..MdsS
•t Loal» Dlv.. let, 68, 1921 .M,Si8 114
loos
B. C. F. A N. B., 58, 1910 ..J,&J 112
111
do
88, 18S9 1904...M&S
113
N. Bedford RR., 78, 1894 .. JifcJ 106
108
2d.,3e,.1980.M&B
58
i^k*'...^
do
4e, 1890-1905 .. J&D 100
ash. A Dec, 1st 7e, 1900... j&j U4>i
Omaha A St. L.— Ist, 48, 1 937. .J&J
«xll7 119
Jo.««o.Ala.,8.F. 6b,1903M&N elbW 111
Orange Belt^lBtM., 5s, 1907. .J&J
N.Y.Chio.&St.L.-l8i,4s,1937.AAO
TM>-forty 6«. 19:^4
93
93% Oreg. & Cal.— let 5b, 1927
J&J 941s 95
MAN 101
». Y. A Greenw'd L.-l8t M. Inc 6s
ep-year gold, 6e. 1937
25
35
Oreg. R'y & Nav.— Ist Bs, 1909. J&J 109
110
M&N 105
2d mortgage Income, Ws
Pmia. A All.-l8t,6»,gu,'21.FAA 103 105
12
6
Cunsol. mort. 5s, 1925
95
J&D 92
«. Y. AHarlem— 78,coup. 1900.M&N 122
OoLtr.,g„ld,5e, 19i'i.:...MAN
124
C/oUateral trust 8, 1919
95
MAi
103
"„ •j^?"''-'''^-— l«t,68, 1921. JAJ 130
'• !'»• '810.. ..AAO
Oew.&Rome— l6tM.,78. 1915.M&N 120 125
ibo"
2"*w^aM-,",2nd, 5s, guar., 1923
FAA 108
Ox.&Clark.— 1st, p.&i.gu. 68.M&S
103
5*->.^L-^"'»''' 5».1»36..FAA
Y. Lake Erie A Westeru—
let Interest guar., tis 1937. .MjiN
101
i/?rN*^r.i^'ii"«-'''^«37.FAA
lBtM.,ext. 78, 1897
MAN 1131a 115 Panama—Sterl'gM., 78. g. '97.A&0 elC5 107
2d mort. eitended,58,1919.M&S 115
lat.e«,l»10
118
jA., lllH
Subsidy bonds, 6e, 191i/
MaN 98 102
extended, 4iae, 1923. .M&S 108
OoB. aon. 6s. 1916
Pennsylvania RH.—
"..aaO
??u w
90
90^
*t? M-. extended, 58, 1920. .A&O 113
General m. g. 58, 1940
114
Gen. M, bs, cp., 1910
MAN
126
J&J
StliM, extended, 4s, 1928.J&D lOuis lolls
Cons. M., 68, op., '05. J IS & D. 15 115
iJS^ *!S\i'\^ *" •'"'''• 19U..F&A 104 lC6>s let cone. M., 78, g.,1920
L0TiT.8.O.ATei.-l8t.4»,1934MA8
M&S 135 136
Collateral trust, 4is8, 1913. .J&D el 08
110
88^
let cons, fundcoiip.,78,1920
2d mort.. Inc., 5s, 1 w34
M&S
135
M&i
Consol. 58, cp., 1919
M&S 111
Reorganlzat'n 1st lien, 69, 1908
L0lll«.8t.L.Ar.-l 8t68,g.l917.FAA
100
Equip. Tr. 4s, series A
64 >a 87
(J— el03 105
Long i>ook mort.. 7a. 1893. .J&D 105
Penn. Co., 68, coup., 1907..CJ.—j| 105% lO B
•Price, nominal. §Pa,c!.a.er also
pays accrued Interest;
« In London.
UCoupon oil. I In Aiujterdam. ;la Frankfort Q8riu.iny.
9m
. .
i
,
.
,
lU
1
,
.
I
.
,
.
.
,
.
,
:
.
.
.
I
JANUA.RY
THE CHKONIOLE.
17. 1B91.]
116
OE.VKUAL QLTOTATlOXa OF 8TO0K3 AND B0XD3—Contimom.
Wot Bxplaaatlona
I'eiiii
Pi»ii«..t
104
Co. iKt iM..4»««,1921,r.J*J
lat mort., 79, 11)16
<k Rli.i'omol. 4». lU3i>
Pcnii. A N. W.-6«, 1930
Pft. P. A- Host. -1st, 6», 1939.
A
AAO
99
......
99
07
MAM
.-..••.
S2
U7
ferklomen— Isteer.
IC;"
.
1918
Ss,
114
Q-J
AAO 1141s
MAN lUis
79's
Q.—J « 05
1926.J AJ 103 H
A&O lOS"*
0188.9 6,68,1928
PhlU.AE.-Oen.KUar.,6s,g.,'20.J4J « "124
AAO >12
General 5b, 1920
AAO »7>«
General 4 e, 1920
Snub. A Erie— 1st, 79, 1897.. AAO ......
PWla. A Kead'g-Ut, 68, 191U.JAJ 121
AAO 100
2d, 79,1893
Con8ol.M.,79,1911,rej(.Acp.J&D l-«»«
JAIv « x 124
Oonsol. mort., 6s, 191 1
Iuipruvemeutiuort.,68, '97. AAO ell4S
99%
Cons. 5k, l»t eerlei>,1922....MAN
10
Deforre*! luooiiie Gs
Int,
tin.
iBt, 6s,
Si% 88
1922 ....JAJ
JAJ
1926...
iift'
67
67
6t>s
8anF.AN.l".-lat,.'>s,g., 1919.. .JAJ
95
luiduskyMnnaf.A' ,N.— 1st. 7a,1909 lift
Sav.Am.
11 .c. ti .(;,g..l919.JAJ
1«T. Fl. A W.— 1st, (9, 1934. .AAO {105
At. AGiilf, con. 7h, 1897
lAJ
AM
1)7'
A Fla— 1st, 78,1899.MAN
110
lOd
iVo'
80. Ga.
2d. 79,
lO-l
1161<
117%
115
HuutannCent.— Ist.Ss, 1937JAJ 113
100 >«
Enst'n,Mtnn.,Ist,g.,Ss,190H.AAO ilOO
00
St.P.ANo.Pac.-Gun 6«,1923.FAA 118
100
Ian Ant.AA.Fii«a.,lst,68,1916.JAJ
e5>4
110
CO
Da,
A«k.
115
Minn's U'n,
Peorln A Kii»tein-Ooue. 4s. 1940.
luvoiuv 411, 1990
Peo.AIVklii Ur.-l8t,()8,1921.0-F
^I4N
2diuort 4i««, 1921
1918
FeteraburR -Olass A,
Bid.
68. l»l>9
l>ok. Ext..«a. I'.'IO
lot oonaol ev, 1933
JAJ
lat oonao)., rtMluceil to 4>*s ..JAJ
Montana Ext., li<t,4s, 1937. JAL)
J*J
JAJ
1920 JA.I
series 6s,
Pint Pase ot Qaotatloaa.
of
100
2d
105
J&D '08%
Kvaiisvlllo l>lv.,l«t68.1920.M&h'
2d
dead
Raiuioad Bohds
J*l> 117
Alliiiitlo-lst.68,192I.H'*A
Pi'o. D.c.
Ev.— iBt, 68,
2(1 nioitt;iiito..S9, 1926
Note* at
8t.P.Ullui.A Man.-lBt 78,1909 JAJ
Bid.
RillLROAD BOND*.
Penn. nil.- (Con' liiiu(l)—
Pcnn.A N.Y.C'un.- l6t.7B.'9«
((•«
1809
MAN 107
73 •«
Sclot.V.AN.E-l8t.g.,4s,1089.MAN
Seaboard A Koan.— tta, 1916. FAA
coup., 1926
58,
JAJ 100
3eat.L.8.AE.— lat.g<i|d,6e.'.Tl.FAA
Ob>s 100
iham.Sun.ALew.— li»t.5«,'12MAN
3bam. V. A Polt.».-7a. f ou. 1901 JAJ
127
inen.Val. -lst.7s.Tr. recass.JAJ 127 >j 128
126
Geii. M., 6b,1921 Tr. reo.B88 AAO
58
Ineoiuoe, Oa, 192)
1051s
20
100
"eo"
ihreve. A ilous — ist, 6s, gii., 1914
103
129
BAILBOAD AMD MlSOKL. BOHIM,
A»a.
Bid.
Wabaali- (Continued)-
AN. (r.est.A a.),78.MA» 107
do St. Ctaa'sHrtdgaas, 1908 103<t
do No. Ho., let, 1895. ..JAJ l''5%
8',.L.K.C.
West Chester— (;on. 7», 1801 AAO
W.Jersey A At. lat M.,6«1910MA8
West Jcr8))y-lat,0a, 1890
JAJ
IstM. ,7b, 1890
A40
West Shore- Guar. 4b. 2301. ..JAJ
.
US
lOl^i iba"
.
....
104
118
102i«
102%
WealVa C.APltts.— lHt,6a,1911J*J 100
West. Va.A'ltts.— l8t5s,l»90.AAO e'Ol
103
WeBt.Maryl'd— 3d en.,6B, 1900.JAJ 116% 117
98
West..iJ.Y.APenii— lBt.5s.l937JAJ
2d m., 38 g.-5fl 80. 19'27....AAO
Warren A Prank., lBt,7B,'96 FAA
W'n No.Car--0oH.6B,guar.l914.JAJ
WesfnPenn.— lBtM.,6B, '9a..AA0
Pitts. Br., l8l M., Oa, '98
JAJ
Gold
4s,
1928
33i«
106
99
99
34i«
112
100
103
103i4
102
,JAD«'-00
WheellngAL. Erie— lat.,5a,... 1926 }02ia I0&
103
Wheel. Dlv., Ist, Ss, 1928 ....JAJ elOl
Extens. and Imp. 5i>, 1930. .FAA
Wllm. Col. A Aug., 68, 1010 ..JAD l^'
Wilm. ANo.— lat. 59, 1907-27. JAUi
Wllm. A Weldon— 7s, g., 1896. .J AJ •- • 109
6s, 1935
JAJ
WinonaAS. W.— l8t,05.g.,l BZ8.AAO •„•;
Wlacon. Cent.Co.— lBt,5sl937.JAJ[ "^"s "oa"
I
.
•
I
Incomes, non-rum., ;'>s, 1937
,**
3odii8 BayA 8o.-lBt,5fl,g.,1924JAJ
Wore. Nash. A R.— 58, •93-'95. Var.lHS''?
-.9^ 80. Cen. (N.Y.)— Consol. mort., 58..
43
New Kcn. mort., 48, 1958
JAJ 79
Na8b.ARoch..guar..5fl.'94.AAOl5l02%
531* 53-'e 811. Carolina— lat M., 68,1920.. AAO xlOO
lf,tpri'Muo.,58, gold, 1958.... F
jiiih<u-:i,i,4i\K«>iT.<« Ho:\DS.I ,,,.
S*"* 347g
2(1 prof, ino., 58, gold, 1958... .F
2d mort., Ob, 1931
Amer. BellTeleph'e -73,1898 FAA.illl*
JAJ 60
29
'ii'
3d pref. Inc., 58, noli, 1958.... F 20
Income 6a, 1931
Am.WaterW'sCo.— l6t6e,1907.JAJ
3d pref., Inc., ."is, convertible... F 31
3o. PacAriz.— l8t,68,190910.JAJ 102 >«
Itt con. gold 59, 1907
JAJ ,„,,
io6>s 80 Pao.Cal.-l8t,68,K., 1905-12 AAO 110>s
Phil*. Wll. A Bait.— 68, 1892. .AAO }100
Amer. Steamshli)— 6a, 1896.. .AAOi lO*"*
1st con. g, 68, 1938
AAO U'-O 111
100
ea, 1900
Boatou A Montana- 78, 1&98..JAJ|5104%
A(SO
109
JADJUS lOtt 80. Pii". Branch— 69, 1937 AAO
68.1910
Boston United Gas— 58, 1939. .JAJ
25^
Trust certs. 48, 1922
MAN SS\ 99>a 80 Pac. Coast— Ist gu.,g., 48, 1937 93
2d58, 1939
JAJ 5 77>8
101
Pled. A Ciunb.— l8t,6s, Iwll.FAA
*o. Pan.. N. M.-lat, 68, 1911 .JAJ 101 »s
CababaC'lMln.— lBtg.78,1907.JAJ
110
Plttsb.C.A 8t.U— l8t,7s. 1900.FAA 116
Spok. Falls AN.— 1st B8,g.,!939.JAJ
Ches. A Del.Can.— Ist 58,1916 JAJ
no Chea. A Ohio Canal—6s
Pltt8b.01.ATol.-l8t,68, 1922.AAO
Stately. A 8ul.-l8t OS, 1899.. .JAJ
JAJ
87
Plttsb.ACon'Usv.— l8tM.78,'98.J.feJ 113
117
Stat. l8l.R.Tr.—l »t6s,g.,1913. AAO 115
Chic. Gas L. A C.-g. 5e, 1937.. JAJ
128
Sterling cons. M. 69,g.,guar.JAJ
2d mort. guar. 5s, g., 1926 ..JAJr --1021s Col .radoCoalA I— 68, 1900. ..FAA 104 >fl
140 146
97
Plttob.Ft.W. AC.-l8t,7s,1912 Vai
Itouben. A Ind., Ist os, 19 14. JAJ 106
Col AlIoek.ClArn-g 68.1917.JAJ
28
2d mort., 78, 1912
Sdnb.Haz.AW-B.— lst,.5s,1928MAN UO
Var
Comet'k Tun.— Ist in.48,1919.MAN
Ill's
isi" 136
3d mort., 78, 1912
2d mort., Ca, 1938, reg
AAO
Consol. Gas, Bait.—6s, 1910. .JAJ
MAN 98
Plttsb. June. letCs. 1922
110
Smb. A Lcwistown, Te, 1896. .JAjl
JAJ 115
Consol. 58, 1939
JAJ
Plttsb. A Liike E.— 2d,58,1928 AAO 5115
Susp. B. A Erie June— l8t78, 1900 } -Conaolld Coal— Conv 68,1897.JAJ
99
Plttsb. MeK.A y.— lst,68,1932.JAJ 112
Syr.Blng.AN.Y.—consol.7B.'00AAO 130
Ellison Elec. III. Co.— lets .^8..19
95
88
Pltt8.Paln.AF.— l8t,g.,.^8,1916JAJ
8yrac,U8e8t.R'y.-lst.53,I92ii.J&J 5 .... 100
Eq.G*. AF.,Chic-lstK.es, 1905 JAJ
Plttsb. A West.— l8t, 48. 1917. JAJ
7ti's 77
TerreH A Ind.— lat, 7b, 1893 AAO, 103
Hackeub'kWat.- l8tg.5s,l->26.JAJ
Pitts. Y. A Asb.- lst,58, 1927. MAN ll'4ia
Ciinsol. mnrt., os, 1925
ibe" Hende;sonBildgc— 6s, 11-31. MAS lbs"
JAJ
87
Ashtabula A Pitts.- Ist 68. 1908 110
Terre H. A Log'pt.— l8t,gu.,68,JAj! 98
Iron Ste.mboatCo.-68. 1901 JAJ
Portl'ndAOgb'g— l8t69,g.,1900JAJ 5114 116
let and :d, 69, 1913
Lacl< de Oaa. St. L.— 5s, 1919.. Q—
JAj' 97
Port Royal A Aug.— Ist, 6s, '99. JAJ 106 108
r«x. Gent.-let,8k.fd.,78,1909MAN
49
ijehlghCANav.— M.4'2a,1914.Q— 101
Income mort., 6a, 1899
l8t mort., 78, 1911
JAJ 11'^ >s
RR. 6e, 1897
MAN
Q-F 109
Ports.Gt. F. A 0,-n.-4>s8, 19;i7.JAD }103>i 105
Teiaa A New Orleans— lat,78. FAA
Convert, te, 1S94
MAS 104
Pres. AAriz.C— lstg.68,l916.JAJ
Sablue l)lv., lat, 68, 1912. -.MAS 103
Mort. 6s, 1»97
15 JAJ
40
2d Inc. 6n 1916
r<!X. A P. -Eaat.D.l8t6s,1905.MA8' 1091s
JAJ
Consol. mort. 7h. 1911
J. AD 124
Prov.A Worces.— let 68,1837. AAO
89is
let gold, 68, -2100
Greenwood Tr. 7h, 18J2
JAD, 89
F AA
Raleigl) A Ciattou— 88, 18.98.. JAJ 116
2d gold inc.. 6s, '.'OOO
i3% 31
Gen. mort. 4»ss. 1924
Mch
Q— ilo'
Keu.AS'togi.—lBt 78,1921 oou.MAN l42>s 14tj
Third .Avenue iHt 5.1. 19JV.
Man. Keach Imp Ld 7e,1909 .MAS
JAJ llOHi 113
Klcli.Al)au.— .ieu.m., 6s, 1915JAJ 116>4
rol. A- A. A Lai.- lKt,6«,1917. MAS
88
4:6
Mut.Un.Tel—SK>:.fd.68, 1911. MAN 101
Debenture, 6b, 1927
108
AAO SO"* '9i' Fol. A. A.&Gr.T.— lar.6s.l921.jAj
Nat.St'rebM C».-'st,iJ.'a.'20 .MAN
Con. mo,-t. gold, 68, 1936... AA()
Tol. A. A.AM.P.— l8t,68,1916.MAS
6s,1899.AAO
91" NewEng.Telo|ihone,.">?, 1909 FAA 5 991s
Equip. M.S. f. 5s, 1909
l'oi.A.Ar.AN.M.— l8t.68,l924.MAN
MAS
92
New Eng. Jcrminal.
KlcU.Fr.AP.—Cou3.4iss 1940. AAO
Tol. A Ohio Cent.- Ist, fia, gu.19.J5 105
New Otle.'vua Par.- 1 and grant'
Rich. A l-ete.rsb., lis, 1916. ...MAN
Tol. A O. C. Ext. -1st, 5.S, g., 1938. '§ S3
95 >s Northw'u rclegraph-78,1901 JAJ ii)2Ji
Rich. York U. A Ches., lat 8e, I891 106
fio
100
MuriettaMiii., 1st, 6s, g., 1915..
98>«
Ocean SS. Co.— lat (is, 1 8>2. guar
2d mort., 6a, lOcO
MAN iCO 105 Tol. Peori»AW.-l8t. 48,1917.. ..JAJ 75 77 Oregon Imp. Co -Ist (8,1910 JAD 96
RIob. A West Pt.Ter., (8, 1897. FAA
99H 99'e Tol. St.UAK.C, Ist, (59,1916. ..JAU
90
Cons. 1. 59, 1939
AAO Ob
Con. col. trust, Iht, 5k, .914. MAS
723, Tny A Hoston !8t7». 1924.. JAJ
723*1
Peun. Caniil— is, 1910
JAJ 57
RloGraudo Wist., Ist IB, 1939 JAJ To
75^ Ulster A Del. con 5, 1928
Penu. Steel— Ist 'i.^ 1917
JAD
MAN
Rome A Cuirollt.— let, 69. g., 1S»16 90
Uuited Co'aN.J— i;eu.68.1908.MjLS
People's G AC'.Ch -l6t,6,g. '04. MAX
RomoWat'uAO.—3.F.,7»,1891 ..tAl> 101
gcii. 4«, 1923
do
2d
do
FAA
1901 ..
JAD 93
2d aiort., 78, 1892
do
neri.4s, 1929
JAJ
Phila. Co.— l8t6kg.l.(.6a,l>93.JAD
.M,\ S
Coa.soI., eitt-uded Sa, 1922. AAO
105 N
s^erllngdo
68,1894
MAS i!l04 IOC Po'k'p3ieBrid»;e— Ist 68,1936 FAA
Rutlan..— 1st M., 68, i;!02
MAN HO lll)>si
do
6.i, 1901
MA8el20 123 Proitor A (Jaiuble 1st 6a. 1904...
E(iu;i>u,ei!t.2d58 l;9d
FAA } ^OH mo Union Patitlc-l8t. 68, g, 1896.JAJ 109
l8l78,1928.AAO .130
St L B'dgcATun
8t.Jo. AGr. lal'd— lBt,jfUar.68,1925.
90
Ist, 69, 1897
Tenn. Coal Iron A R —
JAJ H013
2d mort.. Inoomna, .Va, 1925
Ist, «8, 1898
Tcnn. dlv. IstOa, 1917
JAJ 112
AAO 92
Kan. C. A Om. Ibt ."is. 1927..JAJ
SO
95 k
1st, 68, 1899
Bir. div. 1st con. 6a, 1917... JAJ
JAJ 113>a
8tL.AJl.AT.U.— lat M., 78, '94. Var 109 110
Sink, F., 88, 1893.. .-.
MAS 111 112 W'n Un.-Deb. 78, 1875-1900..MAN 112
ll«7i9 lc9
11.2d mort., pref., 78, 1894
Var
O u. Bridge, eterl. 88,g., '96.AAO ell3 116
Deben. 7a, 1884-1900
MAN
2d Income, "s, 1894
97 k
MAjN 105
CoiUtoral truat, 6s, 1908
Collat. trust cur 5 ,193?... JAJ
JAJ
l)lT. bonds, 1894
tO
Si's
Collateral truat, 5s, 1907
Woodat'k Iron let g.,69, 1.J10..JAJ
JAD
BeUev.A8.IU.,lBt,S.F.88.'96.AA() HO
Collateral tru.«t 4is8,1918..MAN
71
71>a »i'ruCK!t-KAlL.KUAU. Par.
Bellev.ACar., iBt 6s, 1923..JAD
-Equipment Trust Ss
Ala. Gt. South.— A., 6b, pret.,.£10
AAO t 92H
Ch.8t.l..APad.,lat,g., 5b, 1917.. 100
Itl
4
Kans. Pac., let, 68, 1895
£10
FAA 110'4
B, common
8t. L. Suuih., lac, 48, 1U31..MA8
80
2
do IstM., 69, 1896
Ala. N. O. A Pao., Ac, A, pref .£10
JAD 109%
do 2(l,iucome.'8, 1931 ..MAS
do Den. Ext., 6s,1899.MAN HI
do
B, def.£10
do
Cub. ASliaw.,latg.4s,1932.MAS 80
do l9t cons. M.,6b,1919 MAN 109 109 >* Alaba na AVicksburg
BUL-Ark.A Tex. Ist Tru-t Receipts 81
Oen.Br.U.P- A.AP.P.6s,'9oMAN 100
AlDanyA Susqueb., Guar.,7...100 160
2dm..6e, ly3e,aIlae8'tap'd.FAA
20 14
19
Fond, coupon 79, 1895 ...MAN 100
31
Atchison Topeka A Santa Fe.. 100
87" Atlanta A Charlotte Air Line ..100 93
Ist 4e, certs., when i9*u8d
70
70%
i tob.Col. A P., lat,fls,1905Q.—
)5Q.82
2d 4a,
do
33
do
35
...
*t.J.Oo.A W..l8t,68,1905
Atlanta A West Point
100
98
BtUlronMLASo.- lst,7s,'92.FAA 104% 105
U.P. Lin. A C. l8t.g.,.58'18AAO
5is
Atlantic A Pacitlc
lOo
2d mort., 78, g., 1897
MAN 106
Oregon SUcrt-L. A U. N. Consol
79% 80 Aaguata A Savannah, leased . 100 133
Ark. Br. 1. gr., M., 78, g., '95.JAD 104
Coll.it. Trust 5», 1919
MAS 79
Baltimore A Ohio
100 92 k
C»lroAFul.,l8t,l.g.,7e,g.,'91.JAJ
99'a 99%
Oregon 8hort-L., 68. 1922 .. FAA 106
lat pref. ,6.... 100 120
do
Cairo Ark. A T.,l8t,7s,g.,'97.JAD 105>s 107
Ut»h 80., gen., 78, 1909
JAJ 101 108"
do
2d, pref
100
Gen. con. r'y Al. g.,59,1931AAO
do Ext,lst,7s,1909JAJ 105
92's 92%
BellevlUe A So. III., pref
loO 126'
St.L.AS.Fr.— 2d eB,ol.A,l900.MAN 110
Utah ANor.— lat M.7s,1908.JAJ 100
Boaton A Albany
100 201 k
2d H., 6a, olasa B. 1906
MAN IHH 113
Gold 58, 1926
79% Boston A Lowell
J*J
KK' l/«k
2d M., t a, class 0,1906. ...MAN 111 112
U.P.Den.AUulf con. ,5.g, 1939. JAD
Boaton A Maine
100 203 k
81
let ni. Mo. A W. 69. 1919 ...FAA el08
118
Utioa <BBI'k K.— .Mort., 78, '91 .JAJ
100
Boaton AN. Y. Air-Llue, pref..lOo KO
Col. Trust, B, g., 1020
FAA '107
Consol. 4», «. 1922
JAJ
100 .5>
97 102 jBoeton A Providence
Equipment 78. 1895
JAC 100%
lUtica Clin. Alilng. 1st 5,1939. ..JAJ
Boston Revere BeaohA Lynn. .100 1691*
General mort.. 6e, 1931
JAJ 108
IValley of Ohio-t,on. 68, 1921. MAS
^6
104
Brooklyn Elevated
100
General uiort.,58, 1931
JAJ 97
97 >« Ver, ei Mass.— Guar. 5e, 1903. MAN loa
100
3l»8
07
Buffalo Rochester A Pittsb
lat truat, g., 58, 1987
AAO
Vicksb. 8b. A Pac. Prior lien, 6e.
b3
loo 75 k
pref
do
Kan. U. A8W., lst,6a,g.,1916..JAJ
Va. Midl'd. -I8t8er.,6e, 1906. MAS 117
Burlington C. Rapids A Norlli.. 100
Ft.S.A V.B.Bd.,l8t,6s, 1910.AAO
10>/
2d series, 6s, 1911
,
10
MAS 110 117 Calllorula I'acitic
8t.l,.K.A8o.W. -I8t68, 1916MA8
100
3d aurlea, 68, 1916
California Southern
100
MAS
109
KanaaaMid.— lat, 4a, 1937. JAD
4tli aeries, 3-4-5a, 1921
50
C!amden A Atlantic.
HAS
85
St. Louis Salem A Arkansas-Ss f95
60 30
5th series, 5a, 1926
do
Pref
.MAS 99 •« 100
do
8t. L. W. A W., 68, 1919
1(H>
MAS 1103
General lie, 1936
bO-'a
MAN 82 >s 84k Canada Southern
8t.I,.Vand.AT.U.-l8tM.,78,'97.JAJ 111
guaranteed, stamped
lOO 75 '4
do
Canadian Pa<illtc
86
2d mort., 7fl, 1898
30
MAN 5
C<iyuga A Susquehanna
5.
107's Wabash-lst gold 5b, 1939. ..MAN
99>s 100
Sd, 7a, guar., 1898
50,«...
MANl 109'«'li0's 2d gold 5s, 1939
FAAI 74% 76if Oacawisaa
8t. P. A Duluth— Ist, 5b,1931.FAaI loo's!
50* 56>«
Deb. mort., series A, 1939. ..JAJ
do
1st pref
^^
^,\
u
2rt mi.rt.. «« ^n<!),»», ,„.>rr
-K in"?'! .1
,i.>
9 T^,-,^f
A.K)' IllOl«U2'«
103
103
112
07>«
1C5
89
78
73
lOS
112H
100
104
100
I
—
I
1
lO^a
bs"
103 <*
01
105
lOi
22
lOl
98
,
99
39'
—
I
1
'
-
8m
.
.
sm
i
I
*.
*
Frloe nominal,
i
Fmroliaaec alao pars Mortied Interest.
elnLoodoa lOoopoaoff.
« Filoe per aliare.
t
In
1)7
9914
10>ft
4>|
2>*
\
31>«
97
lOl
110
93
114
203
177
204
1U4
251
170
28
32
7tt
33
14
fi2>«
76«a
If
Amaterdam
t
In Frankfort.
THE CHRONICLE.
116
iVoL. Lil.
QEN'SRAL QUOPATIO^^S OF STOCKS AJ7D BOXDS-Coxti.vusd.
For KrDlfcnationn
Bid.
RiiutoxD Stocks.
26
19
38
tfahoulng Coal
RB.50
6J
Cent, of Georifl»...100 115
IP's
100
Central Maes
37 k
pref . 100
do
100 xll5
of N..1
Cent,
50
Central Oblo
85
Pref.. .50
do
30
Central Paclflo....lOO
Central of So. Car.. 50 "10'
Char. Col. * Aug. .100
IS'a
Clie«F.*0,V.Tr.cer. 1 00
Istpf.lOO
do
311»
do 2d pref. 100
1 00
Chealilre. prei
ObioaKoA Alton.. 100 128
120
pref. 100
do
Chlc.cb At.,Bon.Tr.rcc.
Nor, IOC
Chlo. Bur.
A
40
Chlo.Bnr. AQiiin.lOO
CI1I0.& East. III... 100
pref. 100
do
CWo. MU. 4 St. P. IOC
pref.. 100
do
Ohio.
921s
47 1(
90 ic
St Is
lUl^
* Nortbw'n.lOO 107%
do
135
7138
pref., 7.10(1
Ohio. B.I. APac.lOO
C.Bt. P.M.<t!O.,couil00
pref.lO(
do
Chlo. A West Mich. IOC
Cln. Ham. & Dav.lO<
do
NewH'n ANoilb..l00»
Sew Jersey A N.Y.ICO
6
19
2(tV|
A Montreal—
. .
A S. W.IOO
Det Lar. A North.lOO
Det. Hills.
fe5
175
170
f)^^
85
.
l£6is
138^
9
20
*o.
do
pref.lOO
PennsylTanla..50
Sorthern Central. . .50
6313 .Voitbeastern
8(
5S .^orth'n N. Hamp.lOO
Sorth'n Pac., com . 100
25
do
Pref.lOO
87
Sorw.A Worcester, loi'
36
Ohio
6
9
35
A
L.
Champ. 100
A Miss
do
5B>4
80
65
43
135
16^
57
82
66
50
8I4
70,
181s
191s
Old Colony
Om.ASt. L
II4
37i»
18
26
Cousol.Coalof Md.lOO
8%
Homestake Min'g.lOO
15
Lehiah & Wilkesb.Coal
Marsliall Con.Coal. 100
15
.Maryland Coal
100
Minnesota Iron... 100
New Central Coal .100 "16"
N. Y.A Perry C. & I.IOO
6
41
Ontario 811. Min'g.lOO
Pennsylvania Coal. 50 2S0
6I4
Quicksilver Min'g.lOO
39
do
pref.lOO
Tenn.CoalATronColOO 381s
84
do
pref.lOO
ELECTRIC
LlfiHT,
100
Pref.lOO
100 "l"b''8
100 167% 163
100
100
Oreg. R'yANav 100
8l"»
Or. 8. L. & Utah N.lOO
22%
Pennsylvania BR. .50* aii«
Penn. A Northwest. 50
12
12
44
300
6%
40
39
86
80
43
891s
89
72
114
III4
Co
Traction Co
Julien Electric
Do
18
80
Sec.
Brush, Bait
100
Brush Klec. Light. ..50
Brush lUiuninat'g 100
136
Consolidated
100
28'8 29
Con. Eleo. Storage
138 71=6 Edison Gen. Elec.lOU
175
177
Elison Trust
5
Edison niumlnat.-lOO
7
I9I4 Edls'nPhon.ToyMf.Co.
19
Ft. Wayne Eleo. Oi).. 25
151s O.1I0 Southern
66
3panlsh-Amer. L. A P.
rhom.-H. Elec.Co...25
do
pref.. 25
MisoBL. Stocks.
dc BR'KLYN
HOUSE KRS.
N.Y.
Local
Securities
in
Chro.nicle eac^ week
eicepl, Sitof monlh.
TELEORAPH.
American Distiict.lOO
Amer. Tel.A Cable. 100
Franklin
Gold A Stock
r
I
bl
160
108
33
100
25
100
98
lOO 200 210
83
50
Pacific A Atlautio
60
65
Postal Tel. Cable
30
33
Soutb'n A Atlantic. 25
80
Western Union
100 79 >s 79%
Mexican
North west, gsar
TELEPHONE.
American Boll
2U
100
Erie
100
IIO
Hudson River
.Mexican
49 >s
in
75c.
N. Y. A New Jersey. 1 00
New England
100
Tropical
TRUST
Am. Loan
215
50
35
8O0.
97 1« 100
51
51'.
10
11*
CO'S
A Trust.lOO
97 lC2ia
Atlantic
100 400
Brooklyn liust ...100 4S0
Central
100 1200
Continental
100
Farmers' Loau A Tr.25 730 800
Fr.inklln...
100 270 300
Holland
100 203 212
Kings County
100
Knickerbocker
100 I5O 200
Long Island
100 180
Manhattan
30 130
Mercantile
,.10U 26}
280
MetroiHilitan
100 273
Nassau
100 153 160
N.Y. Life A Trust.lOO 680
N.Y.Seourity ATr.lOO 185
Peoples', Brook'.yulO)
Real Estate L.A T. 100
100
Union
100
United States
100
Washington
100
180
785
750
175
State
UISC'LLANEOUS
STOCKS A\D
TRISTS.
190
850
825
Adams Exp ess. ..103 110 150
Am. Bank Note Co.. 50 41
43
IB
American Cattle
15
Am. Cotlou Oil
lOu
19>s 19%
40
do
pref.lOO
42
do
Tr. reo.lOO
21% 22
116
901s American Expres.lOO 113
Am. Pig Iron war.] 00
90
6lJls 62
Amer.Sug.Ref.Co.cts.
74
do
90
lis
pref.cts..
91
lli« Am. Tobacco Co., pref
93
100
Asplnwall Land
10
SH 8i«
lis Boston Land
61*
10
Boston Water Power.
3^ 4
65
!
5=8
5OI9
do.
pref....
8i^is
44
441a Brookllne (Ma38.)L'd5
24
2314
5138
26
Brunswick Co
100
Canton Co. (BaU.l.lOO
C. J. R'y's U. St'k Yds
1021a
103
107
10
48
4
6%
.
t
I
r
U
. .
^
80
A So. Am. Cable
Commer 1 Cable Co 100 1U4
Cent.
.
.
.
Ask
5%
U
Kentucky Cent ... 1 00
Keokuk A Des M..1C0
pref.. 100
_ ^do
Keokuk A Weet'n loO
Bid.
Salem, Mass
100 120 121
San Francisco Gas
5914 59%
Wash'ton CitvO. L.20i* 45is 45'8
48
do T.Seo.Ser.0.10
do Ser.D... 5I3
do
Thom.-H. InternatlOO
1st Pref
3i«
Pensaoola A Atlan.lOO
5
do
pref. 100
2d Pref
Peoria Dec. A Ev..lOO
I714 17% Thom. Welding Co.lOO
OlaflinCo
100 100
200
Peo. A Eastern
100
7
10
do Europ.W.Co.lOO 60
do 1st pref.lOO 100
70
Petersburg
100 75
80
U.S. Electric Co.. 100
do 2d pref.lOO 102
15
25
Phlla. AErle
50
30
U. S. lUumlnat. Co.lOO
25
Con. Kan. C.S. A R..25
35
Phil. Genu. A Nor.. 50 »126
Westinghouse El. L.50
Contlneut'l C >n.Aliup. X 8
10
7
Phlla. A Road. cert. 50
33% 34
UAH STOCKS.
Diat. A C. Feed. Co. 100
45
Phila. &Trcaton..lOO
Bait. Consol. Oas .100
47 "s 4:7 East Boston Land. ... t 3%
PMla. Wllin.A Balt.50
55
Bay State
57
50 31% 32
Frenchman's Bay Ld. « 6>s
Pitts. Cln. A St. L..50
Brookllne, Mass. . 100 125
Hackensack Water, 25 100
126
Pitts. Cln. (J.AStL.lOc.
141s 151s Brooklyn, L. I.—
do
pref., 25 1021s
do
pref.lOO
52
51
Brooklyn
Henderson Bridge. 100 100
25 115
lis
Pitta. A Connen'e..50
Citizens'
20
Illinois Steel
100
90
PlttB.Pt.W. A C.,guar.7, 149
151
Fulton Munlcip.lOO 130
Iron Steamboat. ..100
132
Pitts. Junot
50'» 24
26
MetropoUtan
Keeley Motor
5u
2
100 103 lu7
Pitts. Va. A Uharles.50 « 45
47
Nassau
25 134
Lamson Store Ser. .50 22>t
Pitts. A Western ... 50
People's
LehlghCoaltsNav. 50
10
89
92
do
Pref.. 50
33
35
Williamsburg
Lon.AN.Y.L.AI.Co..5U
50 12i 132
Pitts. Yonngg.AAsh. 50 «
Cambridge, Mass.. 100 204 206
Mauh'tt'n B'ch Co.lOO
31s
do
pref
50 »
22I4
1"
Charlesfn.8.C.,Gas.25
Maverick Land.... 10
Port. 8aoo A Ports. 100 125
126
Chartlers Valley. .100
12
Maxwell Land Grant
53
13
Port Royal A Augusta
10
Chelsea, Mass
100 1151s 117
Mex. Nat. Uoustruct'n
Ports.GtF.ACon.10o
Chicago Gas
100
4l>4 443), Morris Can.,gu. 4.100
ProT. ASpiIng
100
Clncln. Q. A Coke. 100 200
do pr.,gu.l0.10o 195
201
Prov. AWorcester.lOj
East Boston
25
411$ 43
Mt.Des. AE.S.Land.5.
450.
Rsns. A Saratoga.. 100 180
Hartford, Ct., G. L..25
National Loal Trust..
I914
Rich. F. A P., com. 100 118
122
Jamaica Prn,MasslOO 165 168
Nat Linseed Oil Co... 41
Richmond A P'D'g.loo 104 106
Jersey CityGas Light.
Nat. starch M. Co. 100
50
Rloh. A W. P.Ter..lOO
18=8 18% Jersey C. A Hobok'u 20
N. Y. Loau A Impr't...
60
65
do
Pref... .100
7214 74
Lawrence, Mass
17 18
100 142 145
North Amer.cauCulOu
125
128
Richmond York K. AC. 92 100
Louisville Gas Light. 136
137
Northwest Kquip.lOO
50
Rio Grande West. 100
28
29
LoweU
100 250 260
Oregon Improve. .100
25
do
pref.lOO
60
66
Lynn, MasB.,G. L..100 ICO 102
prof
do
45
55
Rome W. AOKd...lOO 101 105 Maid. A Melrose. ..100 1421s 143 Pacific Mail SS. Co. 100 34l«
100
Ratland
100
5
6
Memphis Gas
35
45
Pennsylv. Steel. ..100
do
Pref., 7. .100
C4ia 65
„
N. Orleans Gas L.lOO x02>s 105
PougU. Bridge
100
St J08.A O'd Isl'd.lOO
Sew YorkCitjProc.A Gam.Co.pif .8%
St Louis A Cairo.
Central
50
PiUlm'nPaiauu (Jarluu 193
90
147a StliOUlsAJtAX.H.lOO
29
30
Consoildatod
10<*
it)
go's 98
Ban Diego Laud
57 14 571s
do
Pref.lOO
Equitable
100 115 120
StLouis B'age,lBtprei elu6
107^ 108 14 ^^ , Ark A T. rec.lOO 120 1271s
St L.
11
Mutual
100 117 120
2d pref. cert
100 e31
49'8 50
Sd.L.Af.t'.lstprel.lOO
OJ
73
Standard '.ias,pr.lOO
82
87
St. Louis Tun. KB. loo el06
160 162
St L. Van. A I.U.IOO
5
Newtou A Wat'u..lOU 180 181
St. Louis Transfer Co.
74
66
St Paul A Duluth.loo ....
Phila. Co. Nat Gas. 50
lu
Standard Oil Ir't.loO 161
91s
sen 88
do
Pref
100
Sugar Kelluiii< (jj
24\ 2i StP.Mlun. AMan.lOO 104% 105 Pittsburg Gas Co. ..50
s Portland, Me., G. L.5u
73
78
Trust lecelpis.
Slifl
5Hi« 60
Shore Line
lOO «167
St. Louis. Laclede. 100
18
18% Tex. A Pao. Ld i'r. 00 15
78 1« 78»8 S^nth Carolina
loo
4
do
pref.lOO
U. 8. Express
100
OS
I Purui,«cr also pa> » aooiued mterest
e In Londctr.
* Quotations dollars per share.
r
Jea. M.Alnrt.,l'd.lOO
K»n.C.Ft.8.A.vieiu.lOO
KmuC. Ft.S.A G.pf. 100
Kan.U.Meiu.A Bir.HjO
Kan.C.Cl'n A Sp-d. 100
8'8
341s
News&Mlss.Val.Co
<orl.A West,, com. 100 "le"
Oi(d.
SH
20'8
«.
10
4I3
131.
20=6
5114
«.Y.
34
1
.
«
pref..
I.X.Susq.A West'nlOO
do
Pref.lOO
Ask.
)
ABostlOO
50
55
Esstem (Mass.). ..100 164 165
do
Pref. 100
Eaatem in N. H.. 100 106 >i 107
EUz. Lex. A Big S.IOO
EUulraA W'msp't. 50
do
Pref
50
114
Evanevllle A T. H.,80 111
Fltohburg, Pref.. ..100
841s 85
2II4 22
Flint A Pere Marq. 1 00
83
H4
do
pref..li'(j
Fla.Cen.A Pen. V.T.Cer
bh
do l8t pref.oum.lOO
do 2dpf. non^-um. 10<i
20
Georgia Paciflc.lOC
10
8
Oa.RK. AB'kgCo.lOO 190 200
Gr. Rapids A Ind .100
4
H
Gt. North. By. pref..
77
78
8I4
Qr.B. W.A8t,P...100
8
„ do Pref... 100
Har.Por.Mt.J. A L..50
Hartl'dACt. WestlOO
25
30
Honsaloolc pref. 100
50
Hooa. ATei.Cent. 100
2
3
HontlDg. A Br.Top.50 1 191* 20
do
46
Pref. 50
nunols Central... 100 102
108
do leased L,4p.o. 100
90
Iowa Central
loO
7H 8
do
Pref. 100
21
23
Iowa F. A Sloui City
Kan. A Mich, certs..
Pret.ioo
Bid.
. .
IJO
117
8
do
pref. 100
Dulnth 8. S A Atl.lOO
do
pref. ICO
K. Tenn. Va. «Ga.lOO
do l8t pref. 100
do 2d pref. 100
Eaat PennsTlvanla.50
Was hv. 100
Page of (tuotmlon*.
Southern Pao. Co.. 100
24
S'west, Qa., g'd, 7.100 128
133
SnraTT.lt Branch. Pa. 50
6
51s
Sunb'ry A Lewlet'n.f
Perre H. A lnd'nap.50
80
Texas A Pacido ... 100
141
15's lOig
221
rol. Ann Arbor A N.M
18% 191s
58
70
104
Pol. A Ohio Cent'1.100
Pref. ..100
82
do
85
Toi. Peor. AWest.lOO
14
Tol^tL.AK. City.. 100
pref.. 100
110
do
a. N.J.RRAC. Co.lOO 225
iiis anion Pacific
100 46% 46^8
Un.Pao. Den. AG.IOO
23 >4 24
Utica ABlackRlv.lOO
93
Vt.A Ma8s.,l'8ed,6.100 i37
93
Virginia Midland 100
114
10=8 lO'e
Wiibash RR
100
6i«
2.% 21
do
pref. .100
Warr-n (N. J. ,l's'd,7.50
13
85
14
West Enl (Bost)...50
851a
2314
84
8414
do. pref. (Bos.) 50
50
673s West Jersey
29
West Jersey A Atl. .50
•Vestern Maryland. 50 « 10
12
West. N.Y. A Penn. 10 < 8^4
34
3478
Wheel. A L. E
100
100
72
do
pref.lOO
74 "s
Wll.ColumbiaA A.lOO 106
200
Wilmington A Nor.. 50 « 211a
217
Wllin.AVVeldou,7.100 106
Divld'nd obligations 113
87
Wisconsin Cent. CtolOO
221s 23
58
Pref. 100
58
do
123 1:25
Wor.Nash.A Rooh.lOO
A N.England. 100 40% 41
do
Pref.lOO IIS^ 115
f.Y.N H.AHartf.lCO
!I.Y.ANortb.,com.lOO
do
220
pref. 100
*.Y. Ont. &West..lOO
42
Ib'^e 17
». Y.Phil. A Nort. 100
"55" f.Y. Prov.
lS7is i"38
155i«
1.''5
140
Conn. A Passiimp.lOO 116
Connecticut KiverlOO 218
40
Cons, of Vt., pref 100
Current Blver
li
Danbury A Norw'lk.50 »'53"
Daj. AMIch.,gu.. 50 721s
do pf.,gu.:8.50 171
Del. A Bound Br'klOO
Delaware & Hnil..l< C 135%
Del, Lack. A Wesr. 50 136=8
Del. A New Eug. 100
19^1
Denv. A Bio Or.... 100
O3I4
do
pref. 100
DesM. AFt. D'ge 100
41s
)5
do
pref. 100
Det. Bay City A A. 100
A
do
eis
1
1
100 *245
».Y.Lack.&West...lOO
«.Y.L.ErleAWest.lOO
do
Pref.lOO
Class IV. (Cunc.)lOO
Con.APort8.,gu.,7 100
•rwwMmUial.
.
PIrat
MiscEL. Stocks.
100
191s Sew London Nor.. 100 110
f4l4 t4>s !(.i".Cent.AH.Blv.lOO 103
103 13 COAI. & miNING
98 14 ».Y.Ch.A8t.UnewluO 12% 12'8
STOCKS, N.Y.
96
do
i2^ 63 Cameron Ir. A Coal 100
149 151
1st pref. 100
20
2(1 pref. 100
2414 24% Colorado Coal A 1. 100
do
iSis 29
*. Y. A Harlem ....50 261)
Col.AHock.C. Al.lOO
Cl.I (B.C.A.M.pf.lOO
oo
jgp<T.
28
55
Cln. 50
.
121$
131s
221s
6716
Naugatuck
V'squehoulng Vall'ySO
&T0I.IOO
Klncst'nAPembr'keSO
I«ke£rle A W....100
do
Pref. 100
,
!< Bo. A Mich. 80.. 100
l^hlgh Valley
80
Uttle Miami
50
UtUe Bohnlta
50
foncldand
50
l<oa.STuu.A8t L.100
82
90
109
CO
6
72
50
OoLA Xen.,Kuar..8 50
Con.
40
24
9-1^ 101
pref.lt
&
108is
70
81
401*1
Cl.APltt..gnar., 7. 5t
Col. A Greer., pi ei.]0(
Ool. H. Val.
Col. Spring.
13
88
«
A E'x, gu.,7.5o
VashT.Ohat.A 8t.L.25 x93%
Nash. & Decatur. ..25
93
4aahua A lx)well. 00
80
Cleve. A Canton.. 100
pref. 100
do
Clev. C. C. A St. L.lOO
do
14d
219
102
271s Morris
prtf. 5(1 > 53
Col. 100 t 2S»s
A
Pref. 50
do
«alne Central. ...100
60
Man. A Law'ce
31' Vlanhattan, con... 100
100
Marq. H. AOnt.. .100
"20'
Pref. .100
do
191s Maryland Central.. 50
49i« Massawlppi
100
Memph.A Cbarl....25
33
Central. .100
Mexican
Mexican Nat., T.R.IOO
130
Michigan Cent.. ..100
165
11
MB. Lake 8. A W..100
pref. 100
do
S.2SI1
Mine Hill AS. H.... 50
4812 MlnneapA St. L.. 100
Pref... 100
ao
91>s
56I4 Mo.Kan.AT.,'x. 2dM.
IIII4
do
pref. ..100
108
Ml8sour< Paciflc.lOO
1371* Mobile A Ohio
100
71S8 Morgan's La.ATex.lO0
Head of
Ask.
1
1181*
27%
Clno.N.O.&T.Pac.lOO
Cln. Band. & Clev. .50
Clevel. A.V.
Bid.
[i,->alev.N.A.*Chlo.lOO
Louis. St L.ATex.lOO
Louisville Soutb'n 100
7
.
Note* at
Railroad Stocks.
Aak
31s
Cedar F. A Minn. ..100
*l«e
t
1
101
4
231a
4818
105
5
2
60
19
47o.
191
42
47 >«
173^
26
35
170
10
19d"
201a
103
54
103
162
81'1s
10
7i
Jamuamy
THE (JHKONICLE.
17, 1891.]
.117
GENERAL QUOTATIONS OF STOCKS AND BONDS—Conclo dm.
For BxplaoatlvB •• Note*
1CI8CEI.I.ANBOD8 ST'Kt.
Bid.
I
Makcfact'o Stocks.
Ask.
Robeson
Waaner Puliioe C»r Co. 1 85 143
147
Wtilld FiirKo Kip. 100' 13d
We«t KiHl Land (Uo(it.> » 'ii^
100
WeaUin.-li.Alr Br'k».50 • 88
(F.
at
Bid.
I
Rlv.)10OO
Head of First P>ca of <|aotatloB«.
Bank Btocki.
Aak.
Bid.
Aak.
DranRAMOB Stociu.
)
flklraco.
RO
103
Sairainore (F.KIv.).lOO 101
jAmerlran lOxch Mat..
Salmon FulNfN. II. )300 240 '245
4tlas National
100
i8hove(Fall Rlv.|..100
Chicago Nat
87>il 90
Hlndo (Fall Klv )..100
lOomnieroial Nat. 100
81
IStallonl Fall Ulv.)100l
Continental Nat.. 100
114
iniNING STOCK&;
100
IBtork Mills (N.H.)100(i| 1200 1205 First National
(N. Y. A 8AN. FKAN.)
rectuuseh (K. R.)..100|
Fort Dearborn Nat
100
Adams Cons
irhonidike(.Ma«s.)100O 1 200 1210 Hide and Leather. 100
.04
Anienoan FlaK.
•pj ITreinont A . (Mass) 100 130
Merchants' Nat... 100
131
Alloe
lirnionC. Mf. (F.R.)IOO
MetronoliUn Nat. 100
215
100
Alt* Montana
•05 Wanipanosg (F.R.)IOO
•03
Nat. Bk. of Amer..l00
115
AnoriA
Washingt'niMasa )100 60
Nat. B'kof Illiuols.lOO
55
Barcelona
do
pref
105 >s 107
Northwestern Nat.100 895
36
100
Belle Isle
Weetamoe (F. R,).10O 45
Union National.. .100
50
Beet A Belcher
•fO
Cincinnati.
York Co. (Me.). ...760 900 995
100
Bodle
•85
Atlas National. ...100
Brecoo
STOCKS.
Citizens' National. 100
100
Bulwvr
•86
Baltimore.
Commercial Bank.. 60
Caledonia B. n....l00
100
Equitable Nat
Consol. California. 100
Bank of Baltlmore.lOO
Ftrih Natioual....lOO
Con. ImiH^riul
148
Bank of Commerce. 15
100
First National
100
Cbollar
•25 CitlEens'
•20
10
Fourth National. .100
Clirysollte.
50
21
•IS
Com. A Farmers'.. 100
Oomstock Tunnel
I39>i German National. 100
Farmers' K'k of Md.30
Market Natloual.. 100
360
35
Consol. Cal A Va.
Farmers' A Keith.. 40
Merchants' Nal'L.lOO
100
Crown Point
«3
Farmers' APlanters' 25
""•8t
Natlc nal Laf ayettel 00
Desdwood
40
•10 FlrstNat. of Bait.. 10(1
Denver City Con
1224 Ohio Valley Nai'l 100
•70 Franklin
.60
Second National ..100
Sunkin
80
•52
German American. 100
Third National. ...lOOj
El Christo
4-25 Howard
1
10
Eureka Consol
100
10>* Western Gorman. .100
•28
Marine
30
Nenr Orleans.
Father De Smet. ... 100
•17 Mechanics'
•16
10
100
Freelaud
13 \ American Nat
Me chants'
100
Bank of Commerce. 10
Oould A Curry S..100
146
.National Exob'ge.lOV
Canal A Banking .. 100
Hale A Norcroe8..100
130
3^26 People's
b'-b'
19
100
20
Citizens'.
Horn 811 ver
20
1-20 170 'econd National. .101 170
GermanlaNatlon'I.lOol
Iron Silver
20
•35 Third National.... lO'i 108
•33
Hlbernla National. 100
Iron Hill
110
Union
Louisiana Nat
100
75
Klngs.Ai'embr'ke Iron
83
•08 Weatera
•05
Lacrosse
10
20
100,
36>« Metropolitan
•14
•IS
Mutual National. .100!
Leadvillc Consol
10
•10
•3f
.New Orleans Nat.. 100
Little -hi f
Boaton.t
50
Mexican U. ASUv.lOO
People's
.... 50
Mono
Atlantic
Houttiern NatlonallOO
100 137'« 139
•50 Atlas
•30
Moulton
100 121»s 122
State National ....100
•20
Blaokstone
Navajo
100 111 1U>4 Traders'
10
100
•oO! Boston National. .100 119!»l 120
Union National... 100
North Belle Isle
3 •00
Boylston
Ophir
100 134H 135
Whitney National. 100
10
•05
Broa<lway
Oriental A Miller
100 115
Nevr York.
•54
Bunker Hill
Phoenix of Arizona
100 205 206
America
100 214
100 200 Central
Plymouth Consol
.100 139i« 140
American Eich'gelOO
City
PotosI
100 100 100 »«! Anbury Park Nat.. 100
lOo
•05 Columbian
Rappaha nock
lOO 112 U21»' Bowery
100
J
•30
•60 Commerce
RobmsoQ Consol
Broadway
25
100 137H 138
50
2^10
Bavage
Commercial
10'
9.1
Butchers'&Drovers'25
ICO
1^70
Blerra Nevada
Commonwealth .. .100 181 181i» Central National .IOC
ICO
BUverKing
Continental
100 1251s 126
Chas-i National
100
1-J5
Standard
Eagle
100 lO&hi 107
Cnatham
25
100
Union Consol
16(
Ellott
100 135 135 14 Chemic.l
100
100
Utah
Everett
100 107 109
City
100
Yellow Jacket
Exchange
Citizen's
25
10^ 132 133
Faneuil Hall
100 142% 144
Columbia
First National
miVING.
100 253 257
Commerce
100
First Ward
(See Page 110..)
lOOj 130 1131
Continental
100
Fourth National... 10C>5 123 121
Com Exchange ...100
Freeman's
niANUFACT'INO.
lOOj 10 ;
100
107>» Deposit
95
Am.Linen(F.Riv) 1100
Globe
102is'iEast River
25
lOOJ 102
. .
146
876
i
BANK
I
I
BOSTOV
1
ll5^ Hamilton
lOi
Amo»keap(N.H.)1000 2025 2030 Hide A Leather... lOi
Androsco(,'"n (Me.).lOO 140H 141
Howard
lOi
Appleton (Mass.). 100' 655 665
Lincoln
lOi
Atlantic (Mass.)... 100
Manufacturers' ...100
96V 98
Bornabv (FallRtv.).
125
Market
100
Barnard Mfg. (F.R.)
90
Market 'Brighton). too
Bates (Me.)
100 117 118
Massachusetts ....100,
Boott Cot, (Mass.) 1000 1350 1300 Maverick
lOO
BorderCityMtg (F.R.) 115 120
Mechanics'
100
Bo8tonCo.(Ma88.)1000 1015 1020 Merchants'
100
Boston Belting. ...lOOi 194>« 195
Metropolitan
ICO
Boat. Duck (Mass.JTOOi 1075 1090 Monument
100
S9
Chace(FallKlvcr).lCO
92 >« Mt. Vernon
100
Chicopee (Mass.).. 100
97
89
New England
100
Cochcco (N.H.)....500 350 3!»S
North
100
Collins Co. (Conn.). 10
8% 9 North Amerlia....lOO
gontinental (Me.). 100
15
20
Old Boston
100
res't .Mills (F.R). 100
47it People's
100
Crystal 8pr. PI. (F.R.)
40
Redemption ..
100
DavolMilU(F.R.).100 95
lOJ
Republic
100
Dwight (Mass
500|X780 775
Revere
100
Edwards (Me.). ...100 xll4 115
Rockland
lOO
Everett (Mas.".).. New
82
8'2ia Second National. ..100
Flint Mills (F.R.).100
97>» 100
Security
100
Franklin (.Me.) ...lOOilO? 108
ihawmut
100
OrbeY.Mill8(P.R.)100 114
Shoe A Leather... 100
Granlie(FK.)
11,00
240
SUte
100
GreatFallii(N.H.) 100 102»» 103
Suffolk
.100
Hamilton (Mass) lOOi) 880 985
Third National .... 100
Hartf. Carpet (Cu)lOO
90
85
Traders'
100
Hill (.Me.)
100 70
100
70'a Tremont
HolyikeW. Power lOO 270
Union..
100
Jack.snn (N. H.j.lOOOi 975
980
Washington
..100
ianKPhilip(P.R).100l
110
Webster
100
Laconia (.Me.)
400' 610
615
Winthrop
100
LaneaKl'r.M.(N.II.)400, 615
020
L'rel Lake Mills (F.R.)
110
Brooklyn.
Lawrence (Mass.) 1000. 1450 1460 Bedforl
100
Lowell (Miias )....690 605 610
Broadway
100
Lowell Blcachery.lOO 138
140
Brooklyn
100
LowcU.Mach.8hop. 500 8.5 830
City National
50
Ljnnan M. Vtass.) .100
71
72
Commercial
60
Manchfstcr(.N.H.)100 148
149
Fifth Avenue
100
Mass. Cotton
1000 1030 1035 First Nallonal
60
Meclianiea' (F. K.) 100
87»« Fulton
46
Merchaiit.V (F. R lOU 105 ll07Js ilauiilton
100
MerrimackiMassjlOOO 1-215 1220 Kings County
lOOj
Middlesex cMuS8.).10O 127'! 128
I/mg I.iland
100
Navhua (N. H.) ...,^00; 565 1570
.Mauufacturers
30,
Manuikeag (Ma8S.)I00 lOS ;108>5 Mechanics'
50|
Newmarket
500 345 350
Mechanics' A Traders'i
Osborn .MillR(F.K.)lOfc
102
Naa.'au
100
Pacitlc (Mans). ..1000 17f>0 1790 North Side
Pepperell (Mo.)
500 1340 !1350 Spraguo
Pocasset (F.R.).. .100 100 !106
26th Ward
Araory(N. H.)
100
ll.">
)
(
122
Rich. Bord'n (F.R.)100
Prices nominal.
.
82%W'allabout.,
t
Boston bank quotationa are
122i«l
••—
129>-jll30
110 llll
25
100
Fifth Nat-onal
First National
100
FlrstNat. of Stateu Id..
Founeenth
Street. lOi)
Fourth National ..100
iOallatm National ..50
Oardeld
100
German American. .75
German ExchangelOO
1501s 151
1(0
921a 931s Germania
Greenwich
Hanover
Hudson River
235
1331s 134
169 171
230
25
100
lOO
Importers' A Tr...lOO
12818 Irving
.50
119^120 Leather Manufts..l00<
168 "a Lincoln
100
168
138
1 3S Is Madison Square. . . 100
Manhattan
161
162
50
128 128% ^Market A Fulton. .100
151
Mechanics'
149
25
192
194 IMechanica' ATr....25
137% 139
128
I
220
130
97
126
i.Mercantile
100
130% 'Merchauts'
.50
97%
Merchants' Erch'e.50
126% Metropolitan
100
IIOI4 110%' .Metropolis
100
119% 120 jMouutMorris
'
102 102% Murray Hill
114 114% Nassau
100
50
50
143
New York
142
100
121% 122 New York County.lOO
101% 102 N. Y. N at.E ch'nge 100
Ninth National
100
113% 114
Nineteenth Ward. 100
North America
70
180 rNorth River
30
153
'
I.
'
103
Manufact'rs' Nat .10'
Mechanics' Nat'l. 100 124
270
NBt.BK.N.I,lberlie8.50
Penn National
50
Philadelphia Nat'1.100,
Seventh Natlenal 100{
iSo'
107%
',
'I
165
4,M
160
130
530
195
iso'
143
200
263
225
270
15-1
155
130
138
170
Oriental
140
Park
Paoillc
People's.
>50
200
12<
133
148
A Leather ...100
Nicholas
100
Biateof N. Y
100
ruird National... 1001
Tradesmen's
40|
United States Nat. 100
iWestern National. 100
llWestSide
100
8
165
170
12;
135
ex-dividend.
1-22
80
of Calitimla
First Nat'l Go:d... 100
278% 280
172
170
Paoidc
FIBE
IIVSVB'C
STOCKS.
i
Hartford, Conn.
135
.^tna Fire
Connecticut
Hartford
National
Orient
113%
tPhcetiix
2i0
165
10%
I
I
100 257
lOo'
10
:
lOOi
100,
lOy
50
IJSteam Btiler
262
132% 142 1«
325
138
95
196
100
98
193
105
Neiv York.
1000 75
50 140
25
90
2> 135
20' 110
Citizens'
City
70 10^
Commonwealth ...100, 75
._
Continental
lOOj 235
Eagle
4" 220
130
lEmpireCity
lo
bo
Exchange
3
76
50 108
5000 jFarragut
,Fiie Associdtioa. 100
60
180" jOerman-AmeiioaulO'i; 280
Germania
.'o 160
iGIobe
fO 100
Greenwich
iA 170
Guardian
lOC
50
Hamilton
15
85
'Hanover
5
140
Home
10 J 140
Jefferson
30 95
IjKings Co. (B'kiyu).20 170
'Lafayette (B'klyn).50
70
80
60
115 'Libeity
Manuf A Bulldei 3' 100 100
Nassau (Brooklyn). 50 130
174
National
37% 60
315
NewYoik Fire
100
60
Niagara
50 155
125
North River
25 70
Paoilio
25 165
Park
100 60
Peter Cooper
20 160
36J
jPeople's
50 75
576" Phenix (B'klyn)....50 158
jRutgeis
25 120
Standard
30 100
265
Stuyvesant
25
80
United States
25 150
110
Westchester
10 170
185
Williamsburg Ciy.. 50. 315
210
nARiivi: iivsuB*
230
an«)e: mckip.
Atlantic Mutual
18^7
100
18S8
100
1889
102
1890
.J 103
Comm'cl Mut. 1873-82 50
Alliance
100
150
100
145
American
Bowery
Broadway
1115
111
90
1
|
1
I
I
I
.
I
'
250
230
90
90
115
I
I
90
310
180
110
190
55
90
147
150
102
180
80
70
110
1140
70
70
!
I
!l65
80
170
70
'155
I
85
165
130
105
100
'160
180
32S
|
1
I
1
101
102
103
ilOl
60
PRICKS OF EXCHANGK
245
nunBEKSHIPS.
N. Y". Stock
Last sale, Jan. 15
N.Y.ConsoLSt'k
100
335
I
A Pet.
Last sale, Jan.
N. Y. Produce
Last sale, Jan.
N. Y. Co-.tou
Last sale,Jan.
N. Y.Coffee
Last sale, Dec.
'$19,000
275 ask.
275
875 aak.
825
600 aak.
550
15...
5
3
lOOb. 425a.
10
. .
j
400
50a.
117
N.Y.Metal
192
List sale, Deo. 1
40
R'lEst. Ex. A Auc. E'm!
1,200 aak.
1,155
LiiSt sale, Jan. 7
15,000 bid.
Boatou Stock
Last sale, Jan. 10 ... 15,500
i<,500 bid.
Philadelphia Stuck ....
2.580
L*3tsale
Cblo. Board of Trade.. S50b. 1050a.
1,012-50
Last sale, Jan. 10...
850 bid.
Chicago Scock
6-26
sale
Last
Shoe
I
1
102
215
a Price per sliare— not per cent.
25b.,
:
St.
250
Il07>t
128 131
157%16i;i«
116 117
San Franclaco.
|8e.'enth National .100
1
105
120
i
2'0
Bank
5
Phenix
25
Produce Exchange 100
Republic
100
8eal>oanl
100
Second National. ..100
International
100
Laclede National.. lOt/
Mechanics
100
Merchants' Nat'l JOO
St. Louis Natloual. 100
Third National.... 100
124
I
Anglo-Californian
.25
50
100
152
450
.
I
I
1.13
240
.Vestern N-'''»Dal..60|
St. l.....l«.
II
Nat. Bank of Com lOOJ 150
ICommerciul
100; 425
liOontinen'al Nat'1.100 123
{.Franklin
100 310
IIFourth National. .100 300
-[
Il33
all
Eleventh Ward
iFifthAvenue
I
118 ;i20
104 >» 105
JOl
lOlij
lOU 101
109 109>i
251 255
139 140
)
.
1
Aalr.
,83S
Chestnut St. .Vat. 100
118
Cominerelai Nat. ...50
&e>ai
Couim'nwealth Nat.50
45
FiiBt National
100
Fourth 8t. Nat'1...100
146
Glrard National. ..40 100
'Kensington Nat'1...50
Keystone Nat'l
80 "48' 47
116
I
j
Bid.
Phlladrlphla.S
Bank of No. Amer.lOff
I
:PICI«.b.
Pet.St'kAMet. 3^6b.. 400a
THE CHRONICLR
118
rvou Lu.
Latest Earnings Seported.
InxTjestmjent
Week or Mo
KOADS.
1890.
Baud
llailr^ad
other
Flor. Cent.&P. Ist wk Jan
Ft. W.
Rio (Jr. December.
&
littjelligjettJCje.
—
viz..
and November, and
on the last Saturday of every
January, March, May, July, September
extra charge to all
Extra copies are sold
is furnislied reithout
rtgttlar subscribers of the
Ba. Car'la&No October .
Georgia RR
November.
Geo. Ho. &i'la.. December.
Sr. Rap. &lud.. 1 St wk Jan
.
It is publislied
month
Chronicle.
to subscribers of the Chronicle at 50 cents each, and to others
at $1 per copy.
The Oeneral Quotations of Stocks and Bonds, occupying
$ix pages of the Chronicle, are published on the third
Saturday of each month.
Cin.R.A Ft. W. 1 St
Other lines .
1st
Total all lines.
1
st
wk Jan
wk Jan
wk Jan
Grand Trunk. .. WkJan. 10
Chie AGr.Tr Wk Jan. 3
Det.Gr.H.&M Wk Jan. 3
Gulf & Chicago. December.
Housatonic
November.
Latest Earnitigs Reported.
Week or Mo
Alabama
Midl'd NoTember.
Alab'ma Miner'ljNovember,
AUegbetiT Vai. November,
Atoh.T.&i^. Fe. 'l8t wk Jan
Half owned
Ist wk J
Total svsteiu. Istwk Jan
BtL.&SanF.. Ist wk Jan
Halfowned.. Istwk Jan
Tot-S.L.&S.F. 1st wk Jan
AKg. total .. Istwk Jau
1890.
1889.
Jan. 1
to
Latest Date
1889,
48,393
19,439'
213,276
. .
.
.
. .
.
.
.
.
.
I
9.961
173.880
78,574
30,138
5,871
3,202
39,211
338,015
66,583
18,423
4,886
123,578
17,000
39,714
4,064
5.834
K.C.F.S. &Mera. Istwk Jan
67,515
K.C.Mem. &Blr. 1 st wk Jan
21,162
Kentucky Cent 3 wks Dec.
66,188
Keokuk & West. 4thwk Dec
10,149
Kmgst'n (fePem November.
13,091
Knox.C.G. &L.. 2d wk Oct.
3,762
L.Erie All. & So December.
6,088
L. Erio& West*. Ist wk Jan
50,232
Lehigh & Hud.. December.
30,418
L. Rock & Mem 4thwk Dec . 25,477
Long Island
December. 263,222
Louis.&Mo.Uiv. Septerab'r.
38,119
Louis.Ev.&St.L. lat wk Jan
23,383
Louisv.&Nashv. Istwk Jau 334.380
Louis.N.A&Ch. Ist wk J«u
43,491
Kan.
23,218
200,632 2,385,787 2,169,489
481,126, 443,116
481,126
443,116
24,949
21,527
24,949
21,527
506,074' 464,643
506,074
464,643
92,043,
88,402
92,043
88,402
21,366
20,793
24,366
20,793
116,408 109,195
116,408
109,195
622,483 573,838
622,483
573,838
Atlanta j£ Chnr. October...
160.503 153,182 1,3V 1,161 1,22.5,579
Atlanta A Flor'.t December.
14,503
12,865
136,770
94,738
Atlanta &W.Ft jDccember.
48,697
479,946
462,427
52,622i
B.AO.£ast Lines November. 1,518.267 1,506,378 17,094,420 15,691,221
Western Lines November. 477,458 453,071 5.206,6S3 4,604,878
Total
'November. 1,995.725 1,959,449 22,301,103 20,296,100
Bal.AO.Soutbw.'lstwk Jan
37,573
41,904
37,573
41,904
Bait. <v Pou>ui:i<' November.
154.549 152,871 1,569,993 1,500,253
Bath & Ham'dpt October.
5,700
3,919
Beech CreeK
Septembr.
86.280
70,759
743,029
582,112
Blr.Sh.&Tenn.R November.
17,057
13,389
BoltRoch.AFili IstwkJ.in
35,403
20,592
35,403
26,592
Bur.C.Eap.cSiN. 4thwk Dec
87,948
73.430 3,304,331 2,986,542
Camden A Ati. November.
42.05 Jl
38,588
760,665
699,356
Canada Atlantic December.
39,700
39.351
Canadian Pactflc 1st wk Jan 294.000 239,090
294,000
239,000
Op.F'r&Yad.Val istwk JdU
Vi,-ili
7,657
12,214
7,657
Cen.KR.AlSe.Co November. 876,730 828,974 7,834,269 7,180,250
Cent.N.EnK.&W November.
60,792
39.980
Central of N J
November. 1,231.292 1,172,311 12,480,829 12,383.787
Central Pacific.. November. 1,390.900 1,278,395 14,683,529 14,486,945
Central of B.C.. October...
10,938
11,294
95.499
84.228
Centr'iVerm'nl. Wk Jan. 3
54.953
58,621
54,953
58.621
N.London Nor \V'k Jan. 3
9,167
10,180
9,467
10,180
OKd.iLakeCh Wk Jan. 3
12,989
13,822
12,989
13,822
Tot. system. Wk Jan.lO
72,065
70,340
149,474
152,963
Cliar.Cin. *Chic October. ..
17,672
106.90''
12,573
Charlesl'u & 8av November.
57,501
57,468
614,962
549',083
Char.Sum.&No. October...
12,231
3,410
58,421
24,913
Chat.R'mc&Col. December.
33,00fl
30,292
36.5.432
282,314
Chatt'n'KaUai'u December.
9,21
8.186
115.166
107,112
Cheraw.A Darl. November.
9,557
7.771
98,320
78,616
Cbes. AOhio.... Istwk J^in
121,961
121.099
121,961
121,099
Cbes.O. & 8. W December.
207,762 196,196 2,156,006 2,134,194
Ones. & Lenoir October.
8,608
7,039
63,586
60.273
Chic. Burl. & Q. November. 2,872.681 2,967,578 32,314,8.54
30,867,840
Chlc.A East. 111. Istwk Jan
71,554
46,157
71,554
46,157
Chic. Mil. &8t.P. Istwk Jan
452,233 421,988
452,233
421,988
Chic. AN'thw'u. November 2,538,970 2,513,453 25.835.032
24,002,317
Chic.Peo.&St.L October.
47,190
41,543
346.675
311,328
Chic.Kockl.&p. Decemlier. 1,353,133 1,389,542 16,971,131
16,097,577
Ohlc.8t.P.&K.C. Istwk Jan
56,687
56,68^
78,257
78,257
Chlc.8t,l' M.&O. Novembi r.
677,727 668,937 6,274,536 5,839,105
Chic. &W. .Mich. Istwk Jan
20,473
19,847
20,473
19,847
Chippewa Val
December
4,025
5,233
146,395
137.388
Cln. Ua. <fe Ports. December.
5.156
5,000
67,025
65,680
Oln. Jack* Mac. istwk Jan
10,857
10,404
10,857
10,404
Oln.N. O. AT. P. Istwk Jan
64,657
64,65"
71,812
71,812
Ala.Ot.South. Istwk Jan
27,614
34,414
27,614
34,414
N. Orl. &N. E. Istwk Jan
20,290
19,466
20,290
19,466
Ala.i VIcksb. istwk Jan
13,313
13,936
13,313
13,933
Vlcks. 8h. & P. ist wk Jan
10,402
12,37
10,402
12,372
KrlangerSyst. istwk Jan 136,276 152,000
136,276
152,000
Otnn. Northw'n December.
1,954
1,508
20,437
19,103
Oin.Wftb.&Mlch. Dcceml>er
40,270
41,171
584.030
531,098
Oev.AkronAColiist wk Jan
15,768
12,921
15,768
12,921
gev. 4 Canton.. Deoeniber.
53.000
41,933
580,000
448,612
O.Cin.Ch.AS.L ist wk Jan 217,995 217,564
217,995
217,564
Pec. & Eaat'n. Istwk Jan
25,333
25,613
25,333
25,613
Olev. & Marietta'Dcccmber
20,375
20,965
330.071
263,650
Color. Midland. ! st wk Jau
34,371
27,785
34,371
27,785
Col. H. V. ii Tol. December
244,678 184,996 3,020.858 2,524.655
Colusa A I.ake.-lDeccmbcr.
2,034
1,932
23,428
26,165
Covin. Al Mac<ni.'D(\cember
18,100
16,27
151,500
116,607
Cumberl'ud Val.lNoveuiber'.
84,438
75.643
Day Ft.W.&ch..|Dcccmbcr.
44,341
40,746
500,390
499,253
Denv. A Rio Or. 20 wk Jau. 144.000 13.j,000
267.000
265,000
Des Moln. & No. Drccmber
10,394
6,178
117,260
62,461
DeaM.diN'west December.
18,244
20,3(16
216,989
189,211
VetBay C.AAlp 4thwk Dec
13,051
11,210
517,430
486,525
DetLMia'eANo Istwk Jun
17,611
16,333
17,641
16,333
»alutliB.8.4Atl 1st wk Jun
24,806
27,126
24,800
27,126
E.Temi.Va.Aaa. October.
635.635 608.020 5.563,767 4,673.424
KnozT. AOhio October.
68,416
53,041
.577,831
477,920
Total system. Ist wk Jan
142.868: 126,923
142,868
126.923
Elpin Jol..VEa«t. October.
59,779,
39,624
412,794
227,099
lii.l.ei.&B.8... adwk Dec.
45,528
43,569
Empire .Virblln November.
3,162,
1,333
32,991
BT«i]».4Iiid'pllf. Istwk Jan
3.318
2,408
5,318
2.408
Jransv. A T. H. Istwk Ji.n
17,7911
10,648
17,791
10,648
ntohbUTK
'Norember. 696,6151 611,208 5,972,056
6,565,889
nint.AP.Marq.iigtwk Jan
49.872
48,841
49,872
48.841
.
Latest Date,
1889.
.*
30,361
7,438
4.548
165,900
45,597
31,786
6,734
2,822
41,342
324,665
33,325
30.361
194,422
78,610
52,973
26.931
1,659.026 1,486.628
750.203
335,817
30,138
31,786
5,871
6,734
3,202
2.822
39,211
41,342
652,454
667,282
66,583
73,859
18,423
19,268
44.770
44.437
1,434,104 1,153,063
168,798
158,367
14,661,943 14,199,041
98,310
94,370
2,077,370 1,820,926
2,175,680 1,915,298
16.837,625 16,114,339
456,081
405.226
1 ,560,000
1,037,387
25,429
29,350
37,027
40,738
73,8.59
19,26H
5,056
107,563
17,936
1,365,440
7,068
188,979
196,047
Humest'n&Shen December.
December. 1,476,088
CedarF.&Mln. December.
8,258
Dub. &6io'xC. December.
197,612
Iowa lines
December. 205,870
Total all .... December. 1,681.958 1,561.487
Ind.Dec.&West December.
45,543
39,635
Interoc'nic (Mx) December.
Iowa Central... Istwk Jan
23.429
29,350
Iron Railway... December.
3.211
3,008
Jack. South, sys. December.
77,999
52,125
Kanawha&Mioh
1890.
33,325
26,220
Ill.Cen.(ni.&So.i
J'k'nv.T.&K.-W.i) October.
RAILROAD EARNINGS.
Roads.
to
1890.
$
The Investors' Supplement, a pamphlet of 150 pages,
contains extended tobies of the Funded Debt of States and
Cities and of the Stocks and Bonds of Railroads and other
Companies.
Jan, 1
1889.
C. CI.
i..ouis.
1st
& 8p
Ist
.
wk Jin
wk Jan
N.A&Cor November.
Loulsv.N.O. AT. 3d
wk Dec.
Lou.St.L.&Tex. 2d wk Jan.
Lynchb.&Dur'm December.
Memphis &Chas Ist wk Jan
(Mexican Cent... 1st wk Jan
(Hex. National Ist wk Jan
[Mexican R'way WkDec.27
Mil.L.Sh.&Wesl 1st wk Jan
Milwaukee &No Istwk Jan
Mineral Range.. December
Miimeai>. &8t.I> December.
M.St.P. &S.S.M December
Mo. Kan. & Tex. December
Kan. 0. & Pac December.
Mobile ABirm.. 4thwk Dec
Mobile* Ohio.. December
Monterey&M.G October
Nash.Ch.&St.L. December
N. Jersey &N.Y, November.
New Orl. & Gull December,
N. Y. O. & H. E. December
N. Y. L. E, & W. November.
N. Y. Pa. & Ohio November.
N. Y.&N.Eng.. November.
N. Y. & North'n December
N. Y.Ont. & W.a 1 st wk Jan
N.Y. »usq.&\V.. November.
Norfolk* West. 6 Istwk Jan
.
. .
N'theast'n(S. C.) ()ctol>er. ..
North'n Central, Novcmoer
Sorlhern PaciUc Istwk Jan
Ohio cSt Miss
Istwk Jan
Ohio&Northw.. December
Col. & Maysv. December.
OhloKtver
4thwk Deo
Ohio Southern. December
OliioVal. of Ky. Istwk Jan
Omaha <fe St. L.. November
Oregon Imp. Co. October...
Pennsylvania .. November.
PeonaDec.&Ev. Istwk Jan
Petersburg
November.
Pbila. & Erie... November.
Phila. & Kead'g November.
Coal & Iron Co. November.
Total l>oth Cos. November.
Pitts. Mar. & Ch. December.
I
& West'niOctober. ..
Pitts.Clev.&T. 'October. ..
Pitts.Paln.&F. October. ..
Total system Ist wk Jan
Pittsb.
|
Pltt.Young.&A. December.
Pt. Royal & Aug. November.
Pt.Roy.&W.Cai. November.
Pies.&Ariz.Cen. December.
QuinoyO.c&K.C. December.
Rich.&DanviUe. December.
Vir. Midland.. December.
Ohar.Col.&Au.iDecemljer.
& Greeny. jDecember.
West. No. Car. December.
Georgia Pac IDecembor.
Wasb.O.& W.. jDecember.
Ashv. & Spart. December.
Total Sya'm. 1st wk Jan
Col.
. .
& Petersh. November.
Rio Gr. West. ..'istwk Jan
Rome W. & Ogd. October. ..
Rich.
I
8ag.Tu8cola&U. December
8t.L.A.&r.H.B's Istwk Jan
Ark. «fe Tex. 1 St wk Jan
Paul & Dul'th December
St.L.
St.
Bt P.Min.&Man. December.
East, of Minn. December.
MontanaCent. December.
December.
November.
4th wk Dec
December.
Total Sys'm.
8.Ant.4Ar.Pass.
8. iTran.&N.Pac.
Sav. Am. & Mon.
8ciotoVal.&N.E,
October.
..
A G. Ist wk Jan
Soenandaah Val December.
Seattle L. S.
919
42,269
5,096
442,982
4,064
5.834
67,515
21.162
1,073.956
369.702
155,073
4,941
84,625
22,954
60.210
12,587
13,628
5.675
53,621
22,470
17.189
230.015
48,271
14,398
67,954
50.252
351,946
617.16M
3,956,715
303 634
23,583
334,380
43,491
330,65;
34,666
883
112,501
106.121 2,998 213
6,413
6,928
12 187
14,000
3.230
116 115
37.956
41,209
37, 956
120,884
99,263
120 884
06,608
68,318
66, 608
98,689
69,363 4,069, 477
43,318
50,660
43 318
24,884
20,967
24, 884
11,040
9,377
123, 085
141,720 126.330 1,518. 290
144,033 174,554 1,995, 837
869,330 824,370 8,652, 676
28,382
23,395
326, 486
9,509
9,082
272, 479
347,752 322,326 3,444, 279
43,917
387, 403
347,202 309.265 3,784, 634
23,743
20,147
246. 661
20,817
22,029
159, 190
3,083,956 2,981,331 36,238, 641
2,514,425 2,479.171 26,824. 065
592,409 609,990 6,608,731
506,715 491,348 5,f>46, 346
36,707
42.800
511, 199
46 371
28,963
46, 371
145,119 133.346 1,460. 262
158,576 159,031
158,.576
65,598
51,304
580, 029
536,141 528,151 6.125, 337
404,963 253,983
404,,963
73,431
69,986
75,,431
19,336
20,788
226,,el9
665
12,681
68,783
4,083
45,070
414,646
5,659,867
14,058
39,531
438.295
1,893,787
1,969,472
3,865,259
3,300
138,900
49,764
30.478
27,451
82,111
28,214
39,525
11,088
24,078
500,940
193.950
81,790
75,980
79,180
197,700
11,500
11,900
261,800
25,775
30,600
356,235
7,487
21,640
66,519
114,581
974,943
f4u,922
116,484
1,132,349
170,220
21.174
50,000
71.228
7,970
99.106
424,494
5.096
4,941
84.625
22,954
1,036,053
336,159
167,481
63,143
53.621
270.816
610,153
3,.^03,950
331,733
14,398
330,652
34,666
1,856,369
13.229
'4i",209
09,265
68,318
1.104,382
50,660
20,967
109,775
,447,938
,651,412
',820,182
236i250
1,053,884
505.72^
225,023
182,140
056,599
324,162
062,272
177,238
581,786
28,963
278,230
159,031
494,068
369,730
253,983
69,986
219,614
9,,363
11,026
12,482
687,,156
41,696
567,,510
3,009
4,,083
51,859
554,,454
390,362 3,762,,651
3,492,800 60,896,,940
589,771
522,638
3,009
465,567
836
9,894'
14,,038
498,,459
412.1931 4,755,,782
1,710,250 19,279,,545
1.856,579|
3,566.829!
2,225
37, ,033
36,371
I
.571,175
,013,181
9,894
429,124
,322.317
,618,100
21,928
,170.316
124,584 1,230 ,331
415,570
45.271
404 ,728
242.606
23,831
241 ,672
36.058
36.058
27 ,451
,144,978
94,819 1,371 ,375
288,913
32,963
302 ,369
325,267
41,780
369 ,424
128,508
11,400
134 ,594'
254 ,628'
230,400
25,120
503.700 6,908 ,636 5 ,543,813
177.200 2,315 ,8.59 2, ,149,201
888,826
81,766
935 ,411
769,681
79.300
862 ,398
867,128
72,002
945 ,172
190.831 1,925 ,031
,497,759
125,867
9.893
161 ,389
121,226
10,534
144 ,598
248,860
248,850
261 ,800
25.597
270,113
307 ,490
17,350
17,350
30 600
355,741 3,340 ,714 2,,£63,254
106.960
6.634
104 ,926
19,047
19,047
21, ,640
65,177
66,177
66 ,519'
90,905 1,493 ,376 1,,301,986
730,*i32 10.136 ,093: 8,733,693
66,182
735 ,001
668.883
77,802 1,141 ,179
868.582
874,616 12,012 ,273 10,,271,158
175,663 1,564 ,681, 1,,266.690
17,040
756.893
799, .389
21,696
155,209
403, 454!
599, 196
'4.576
4,576
7, 970
95.008 1,319 075
963,720
i
!
I
'
Januakt
THE CHRUMOLE.
IMI.J
17,
Baming$
Lalett
Keportett.
Jan.
t (o
119
Latut VaU.
ROAD*.
1891.
WttkorMo
1890.
«
BloazCtt^iiNo. November.
South (^tnilins Oecemtwr.
Bpar. Un. diCol. Outubor,
I'ttclllo
LoiitH'n WcMt.
MorirnirH I^tT.
». Y. r. A Mex.
Tex. <k N. orl.
Atlantic nyH'ni
Paolflo avHUtui
Totalofall..
November.
November.
November.
November.
November.
November.
November.
November.
284.057
422.531
107,3HS
033,681
25.552
."J66,827
169.6
11,9.17
I
108,191
605.116
25.157
1 80.206
.35.«,m(t 1.2S5.79(!
2,840.257
,367,270 4,126,033
.(K>H.4(Mi
KK.—
175,130
537,3^0
176.810
90,936
05,000
Lykcne VbIIcv November.
Tal.A I'oonaVul. November.
Tenn. Midland.. 'December.
wk Jan
Vol. A A.AN. M. 1st wk Jan
Tol. Col. ACIn.. 1st wk Jan
Tol.A Ohio Cunt. 2dwk Jan.
Teza.i ibPaolHr. Ist
ToI.AO.On.Kx. Decenlicr.
W«si
1 St wk Jan
A K.C. 1st wk Jan
Tol. P. A
Tol. 8t. L.
.
Tol.ASo.Haven. November
Ulster* Dul
November.
Union Paoltic—
A U.N.
176.308
491,724
177,286
82,483
54.176
1,602
119,075
79.995
7,108
25,787
125.923
18,895
5,303
27.459
10.621
16,848
26,2S3
2.063
26,749
Ko. DIv. (Cal.) November.
8o. Ufv. (Cul.) November.
Arlinna IMv.. November.
New Mcx.Ulv. November.
Bt4it4<ii I. Kap. T. November.
8tonyCn.AC.Mt.. November.
Banniilt Dntnch. November.
1,715
101,680
95,376
6.801
24.726
132.263
21,115
4 023
20.022
8.397
15.741
25,9 Jl
2,740
31,237
8. L.
1,532.203
103,505
1,354.223
96,147
Octolier
. .
Or.Ry.&N.Co. October.
Bt.Jo.AGMIsl. Ithwk Dec
.
Ceat.Br.AUL. October.
Tot. conf led October.
3,950,756 3,606,230
1.072,794
993.592
5,047.662 4,780,905
202,901
170.375
1,735.697 1.566.976
12.009.807 11,118.076
32.181.494 31.522,249
44,191,auo 42,640,325
2,139.668
.5.9.50,568
1,850.209
957.589
945,81
51.869
1,013.583
880,212
71,106
219,551
125.923
18.895
5,303
50.951
109.312
16.848
20.283
24,370
346,247
701.520
595,846
633,742
546,855
41.090
16.396
Cn.Pao.D.ACi. October. ..
575.985 504,397
AUotta.llnrs.. October...
329,842 2. 504.263
Tor.U.P.Sra. November.; 3, 993.124 3,,722.510
Or.
Memphis A
•
•
119.H41
210,211
910.667
285,593
ISik).
2,008.394
5,011,392
1,706,433
805,523
870.4H9
49.080
1.099,621
837,334
00.156
19.-1,838
132,263
21.415
4,023
37,626
95.905
15,741
25,951
22.237
309,661
8,,372.414
3. 762 939
1. 207.658
776,4321 3, 743 413
845.720118,,516,554
ChArleiit<iD.
87,900
120.S84
66,008
43,318
24,884
46,371
158,570
404.968
75,481
4,088
14,038
27,481
261,800
30,600
21,640
66.519
7,970
125.923
18.895
..
Mexican t'eutral
Mexican National
MIIWBulrue L. Hh.
A
V>
e«t
Milwaukee «Nonhern..
New York Ont. A West.
Norfolk A Western
Iforitaem Paoltto
Ohio A MlssliMlppI
Ohio Val. of Kentucky...
Peoria Decatur A Evaosy.
PltUburL- A Western
Rich. A Danv. (8 roads).
Rio Grande Western
8t L. Alt. AT. n. Brohes.'
St Lonis Ark. A Texas..
Beatde L. 8. A Eastern.
Texas A I'aclllo
Toledo Ann A. A No. Mich.,
41.209
90,265
68,318
50,660
20.967
28,963
159,031
253,983
60,986
3.009
9,894
36,038
248.850
17.860
19,047
65,177
4.576
132.263
21.415
5,.303
4.0'23
23.492
16,848
17.604
15,741
25,951
230,289
55.700
17.961
64,892
Toledo Col. A Cincinnati.'
Toledo A Ohio Central...'
'Toledo Peoria A Western
Toledo 8t. L. A Kan.Clty.
Wabash
200,386
63,100
19,909
68,393
Western N. Y. A Penn...
Wheeling A Lake Erie...
Wisconsin Central
.
.
4.
383.335
97.461!
3.448'
12'83 per cent increase
95.009;
80,327
3,064
3.717
.
,
4/A week of Dfeember.
1890.
latest
weekly
summed up
as
. .
Kanawha A Miehi^an
i
.
followg:
For the tst week of January we have returns from 84 roads,
which fihow 5 '93 per cent increase in the aggregate over the
same week in 1890.
littoeek of January.
A 8. F. gyetem
Roads J'tly owned ^..
St. Louis A 8. Fran
Roads J'tly owned Hi.
Bait. A Ohio Southw
At. Top.
. .
Buffalo Roeh.
Cape Fear
A
P1W8....
A Yadkin Val.
'Central Vermont
•New London North'n
"OKdensb.AL.Champl'n
Chesapeake A Ohio
Chlcaifo A East. Illinois.
OtalcaKO Mil. A 8t. Paul..
ChloaKO »t. P. & K. City.
Chicago A West Michigan
Cincmnati Jack. A Maek.
Cin. N. O.
A T. P
(5roa<U).
Cle ve. Akron A Col
Cleve. Cin. Chic. A Bt. L.
Peoria A Ea.«tem
Colorado Midland
Denver A Rio Orande
Detrol t Lans. A North ....
Duluth 8. 8. A Atlantic.
. .
.
EaitTenn.Va.
A Qa
Evansville A ludianap...
A Terre Haute...
Flint A Fere Marquette..
Florida Central A Penlu.
Grand Rapida A Indiana
Evans.
A
1890.
1891.
S
$
443.116
21,327
88.402
20,793
41,904
26,592
239,000
7,657
58,621
10,180
13,822
121,099
46,157
421,988
481,126
24,949
92,043
24,366
37,573
33,403
294,000
12,214
54,953
9,467
12,989
121,961
71,554
452.233
56,687
20.473
10.857
136.276
15,768
217,995
25,333
34,371
123.000
17.641
24,806
142,868
5,318
17,791
49.872
33.325
30,138
W..
19,847
10,404
152,000
12,921
217,564
25.613
27,7m4
130.000
J 6,333
27,126
126,923
2,408
10.648
46,841
30.361
31,786
6,734
316.439
66.583
18,423
25,429
4,064
1 5,834
67.515
21,162
50,252
Chuluuati R.
Ft.
Othcrlines
.
Iowa Central
Kanawha A Michigan
Kan. City Clin. A 8pr....
Kan. City Ft. 8. A tlem..
Kansaij C. Mem. A.Birm.
I,Ake Erie A Western
Louisv. Evaiisv. A Bt. L.
Louisville A KaahvUlo...
Louis. N. Alb. A CblC
Louisville St. L. A Texas.
23,583
334,38C
43,191
5,774
$
88.010
3.422
3.641
3,573
8,811
55,000
4,537
862
25,397
30,245
78,'257
5.871
3,202
"Grand Trunk of Canada
•Chicago A Or. Trunk.
•Det. Od. Uav. A.Mil.
Intreate.
626
453
2,847
431
6,587
1,308
15.945
2,910
7,143
1,031
2.964
380
2,8'22
342,617
73.859
19.266
5.096
4.941
893
84,6-25
22,954
53,621
14,39«
330.652
34,66<]
'
6,301
1
9.183
3,728
8,825
.
Memphis A Charleston...
Mexican Itailway
A
Birmiusli.am. ..
Bt. Joseph A Gr. Island.
Tol. Col. A Cincinnati....
Mobile
1,842
8,394
6,340
2,520
1,280
5,888
1,107
332
29,903
7,400
1,948
3,501
498,366
181.138
87.948,
93,734'
297,4411
24,651
9,127,520
Total (90 roads)
increase(12'83 p. o.)
statemeat shows
final
Tntreate.
$
WEEKLY GROSS
7,237,254
73,430
108.715
284.095
19,641
7,393
7.706
126.503
35,190
12,587
17.189
33.220
69,365
9,082
41,096
1,123,481
14,518!
number of roadt
Nov.
Dec.
Dec.
Dec.
Dec.
102,769
9,981
837
1,528
21,215
195
2,4SS
8,288
"""l98
29.324:
4871
24,700
7,0081
2.593
8.089,594
1,199,412
1,037,926
161,486
comparison of the weekly
BABNIN08.
—
Inereate.
(92 roads).
(91 roads).
(89 roads)
(85 roads)
(90 roads).
1890.
1889.
Amount.
*
itieluded.
week of
week of
2d week of
3d week of
4tb week of
DterMU*.
13,346
5,010
,
Period and
i
I
BTet
$
*
8.830.294 8,657,884
7,102,264 6,806,261
7,038,326 6,819,211
7,094,015 6,740,607
9,127,520 8,089,394
172,410
296,003
219,115
353,408
1,037,926
—
P.et.
1-99
4-35
3-21
5-24
12-83
Net Earnings Monthly to Latest Dates.—The table following shows the net earnings rejwrted this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given on(^ a month in these
columns, and the latest statement of this kind will be found
i
The next will appear in
in the Chronicle of December 30.
>••••* the issue of January 24.
-Ifet Earntng*.Gro»« Barinnai.
1890.
1889.
1890.
4,331
1889.
Roads.
$
$
•
781,460 1,044,382
Atch. Top.AS. Fe...Nov. 2,909.830 2,611,211
Jan. 1 to Nov. 30... 28,770,029 24,108,673 8,782,143 7,037,607
3,668
July! to Nov. 30... 14,277,531 12,423,928 4,496,209 4,569,028
713
130,767
133,550
4,630
B'ds J'tly ow'd(>2) .Nov.
25,191
833
124,621
Jan. 1 to Nov. 30... 1,539,528 1,339,005
76,345
594,946
735,329
12,990
July 1 to Nov. 30...
67.938
786,090 1,069,573
Total Atch.system.Nov. 3,072,880 2,741.978
,113,941
Jan. 1 to Nov. 30. ..30.309.554 25,447,671 8,906,764
21,370
July 1 to Nov. 30. ..15,012.857 13,018,875 4,509,196 4,636,968
627,191
568,798
290.888
280,631
Bt. L. A Ban Fran. No v.
15,724
Jan. 1 to Nov. 30... 6,023,240 5,448,718 2,594,861 2,444,678
3,127,362 2,893,957 1,474,059 1,422,486
July 1 to Nov. 30
128,091
7,123
160,511
27,327
R'dsJ'tlyow'd (>a).Nov.
S80
29,048
719,148
580,664
July 1 to Not. 30. .
76,296
696,889
298,011
787,702
307.858
Total S.L. A 8. F.Nov..
7,000
July 1 to Nov. 30... 3,846,509 3,474.621 1,503,107 1.498,782
2,320
Total Atch.A 8. F.Nov. 3,860,582 3.438.86S 1,084,101 1,377.431
July 1 to Nov. 30... 18,859,368 16,493,498 6,012,307 6,135,760
46,103
35,935
18,114
CapeF.AYad.Val...Dec.
16,701
555.209
398,382
234,695
181,821
Jan. 1 to Deo. 31...
208,071
133.436
95,333
306,664
July 1 to Deo. 31...
20,070
41,543
17,460
47,190
1,648 Chlo. Peoria A St. L.Oct.
311,3-28
140,874
132,051
346,675
Jan. 1 to Oct. 31...
863
66.317
61,579
146,656
Jnly 1 to Oct 31...
159,350
26,178 Olevel'd A Canton. .Nov.
10.257
44,256
20.085
66,304
7,276
133,300
183,215
526,902
406,679
30...
Jan. 1 to Nov.
843
73,0'2«
105.932
211,196
280,.529
Jtiiy 1 to Nov. 30...
3,921
619,717
545,359
Dec. 1,470.088 1.365.440
1,032 Illinois Central
Jan. 1 to Dec. 31. ..14,601,943 14,199.041 4,338,116 5,667.094
July 1 to Deo. 31... 7,982,149 7,768,212 2,707,600 8,263,639
17.110
759 def. 5.684
7,068 def.
8,258
Cedar Falls AM. ..Dec.
1,792
94.370 def. 35.831 def. 39.348
98,310
Jan. 1 to Dec. 31...
3,389
50,.529 def. 14,015 def. 31,964
54,747
July 1 to Dec. 31...
54.06O
78,843
188.979
197,612
Dub.A Sioux City.. Deo.
488,S8«
469,433
Jan. 1 to Dec. 31... 2,077,370 1,820,926
527
332,918
340,078
Julylto Dec. 31... 1,204,861 1,037,405
Dtereate.
,
.
29,3.50
.
.
8.257,976
8,230
9,294
105,348
34,995
10,149
25.477
33,022
98,089
9.569
16,396
9,601
Kansas City CI. A Bpr.
Kan. City Ft. 8. A Mem
Kansas C. Mem. & Birm.
Keokuk A Western
Little Rock A Memphis..
Ist
8,M7
12,950
18,250
2,393
1889.
ift
4tli
Latest Qross Earnings by Weeks.— The
earnings in the foregoing table are separately
1.074
4,164
on 90 roads.
39, 852.90'- 36,,090,791
4,,397,09<> 36,
4M
150,980
S,445
For week ending January 3.
For the 4th week of December our
The following will furnish a
results for a series of weeks past.
.
7^
8,917
17.408
317,238
^^
* Ft. Wayne Cin. A Ixiuisville Included for both years since .Fuly 1.
a New coal extension operated ainco July 21 in 1890 and Utica Clinton & Bing. included for both years since July 1. 6 Includes in both
years Scioto \-alley Div. from Feb. 1 and MaryliinJ A Washiustou Dlv.
iBheuandoah Valley) from October 1. t Mexican ourrencv. b Main
Jue. 1 From October 1 1890, the Great Northern rung its own trains
over the Eastern's track from Hiuokloy to West Superior.
.
*,30S
"i.i'i'd
5,660,9961 5,343,758
Total (84 roads)
Net Increase V 5 93 p.e.)
*
26,'283
Prev'ly report'd 7 1 roads)
Burlington C. R. A No...
Chieatro St. P. A Kan. C.
Cln.N.0.AT.Pac.(5 roads)
Cleveland Akron A Col
.
Dtertmn,
9
857.371
602,444
717,15ll33,,036.724
780,8391
624,110
26.388
24,549
Man.AI.A Bur. October...
4,404
31.679
28.047
43.3.'i4
Jotut.own'd.ia October. ,.'
422,453'
52,686
338,353
Orand total. October. ..4 436.022 4,,440,651 37 ,139,607 33,,375,077
D.S'kYds.AT.Co November. 244,3051 233.7921 2 ,468,407' 2,,109,717
Vermont Valley November.
14.430
178,7J8
14.902
175,077
Wabash
1st wk Jan
200.386! 230,289
200,386
230,289
Wab. Chest.AW. October. ..
6.043
7,475
Western of Ala. [December.
62.864
62.076
562,464
559.697
We.1t Jersey
November. 114.478 102,095
525,412 1,423,171
W.V.Cfn.&Pittrt. JNovember.
93,881
71.817
895,694
691.068
West V. A Pltti. November.
8,310
8,929
West.N.Y. A Pa. Ist wk Jan
63.100
55.700
63,106
55.700
Whecllntr&L. E. 1st wk Jan
19.909
17.961
19,909
17,961
Wll. Col. A Aug. October.
101.371
96,010
803.937
713,793
Wisconsin Cent. Ist wk Jan
68,393
64,89J
6S.39i
64,892
WiiirhtsT.&Ten December.
8,.529
7,385
91,069
80,902
76,6 43
..
Hontuna Un.. Octot>er..,i
Leuv.Top. &8. October
Ituretut.
•""
1889.
Co.—
Gul.IIiir..<iH.A.
So Par.
I
35.0001
146.000
11,438
.
Bo.
1800.
1889.
iHE (HRONICLR
120
QroM Earning:
.
1889.
$
$
20.5,870
1
yet Earnings.
1890.
1889.
.
1890.
Road*.
nitnois Central (Con.)—
Total Iowa lines.. Dec.
Jan. 1 to Deo. 31...
I
July 1 to Dec. 31...
*ir»»li.Chatt.&8t. L.Deo.
Jan. 1 to Dec. 31...
July 1 to Dec. 31...
Not.
Ohio River
Jan. 1 t« Nov. 30...
Pltt8.Y0UDgs.&A8li.Dec.
Jan. 1 to Deo. 31...
Rlo Grande West'n.. Nov.
Jan. 1 to Nov. 30...
July 1 to Nov. 30...
2,175,680
1,259,598
347,202
3.784,634
2,074,998
56,444
623,320
82,111
1.371,375
210,826
1,744,320
937,874
$
$
78,086
433,602
326,063
148,579
309,265
3,503.725 1,524,175
872,210
1,840,824
24,193
63,330
285,121
539,841
9.103
94,819
496,642
1,144,978
97,212
137,129
573,117
1,373,682
393,674
717,836
17,712
152.359
69,247
4|-376
448,938
290,552
129,769
1,425.038
758,644
196,047
1,915,298
1,087,934
26,.595
266,759
Jl.fifS
387,589
61,537
519,734
307,196
14.078
97,766
54,434
[Vol. LII.
legal steps to protect the company's interests. The stockholders expressed their confidence in the present policy and
management of the company.
President Waits says in his report: " There was an increase
of $74,713 (19-25 per cent) in passenger revenue and of 149,312
(25 '67 per cent) in the number of passengers carried.
There
was an increase of $457,857 (22"65 per cent), in freight revenues
of 23 per cent in the total freight tonnage, 18'70 per cent in
the coal tonnage, with 22'60 per cent increase of revenues
therefrom, and of 28 per cent in tonnage of miscellaneous
freight; there was an increase of 239,428 tons (76'50 per cent)
in lake coal shipments and 56,657 tons (137 per cent) in lake
ore shipments." * * " During the year 3 new engines were
purchased, 35 received general repairs, 17 received moderate
repairs, including 4 new furnaces, 1 new boiler, 4 new cylinWhltebr'etFnelCo..Nov
ders, 9 new tires, 15 tirss turned, 24 new driving axles, 20
Jan. 1 to Nov. 30
July 1 to Nov. 30
engine truck axles and extensive renewals of parts, 34 coaches
and 13 baggage cars received extensive repairs, 18 coaches
The following roads, in and 10 baggage cars were painted and varnished, 16 coaches
Interest Charges and Surplus.
addition to their gross and net earnings given above, also and 3 baggage cars were cleaned and varnished, 175 new coal
cars were purchased, and 26 coal cars, 33 flat cars and 3 serreport charges for interest, &c., with the surplus or deficit
vice cars were built at the company shops, 2,131 freight cars
those charges.
above or below
received extensive repairs and renewals, and 38,512 freight cars
^Jnter't, rentalu, <ic.—~ ^Bal. of Net. Eani$.^
received ordinary repairs. All expenses incident to these re1889.
1890.
1889.
1890.
newals and repairs have been charged to maintenance, and,
Boad:
»
S
9
9
150,763 notwithstanding the improvement, the condition of cars and
99,497
79,006
49,082
Ifseli. Caiatt * 8t. L.Dec.
278,035 engines is such that we may anticipate material expense in
526,273
480,610
345,937
July 1 to Dec. 31...
* *
this department during the coming year."
" The road has been extended from Walbridge, the point of
junction with the Northwestern Ohio railway, two miles, to a
connection with the Lake Shore & Michigan Southern RailPhiladelphia & Reading Railroad.
way, with necessary side-tracks, water station, turn-table,
track scales, buildings, etc., thus affording desirable facilities
CFor the year ending Nov. 30, 1890.^
The annual report of President McLeod is a document of for interchange of traffic with that company and its connecmuch interest, and it will be found at length on subsequent tions, and affording relief to the terminal facilities in Toledo,
which had become so over-crowded as to impair their effipages. Its analysis of the Reading situation during late years,
*
and its account of numerous improvements already accom- ciency and economical working." *
"Two new engines of improved design were purchased. Five
plished or now under way, render this report one of greater
importance to stockholders than anything they have had for hundred additional box cars and 1,500 coal cars were pursome time past. Comments upon the report will be found in chased under the car trust plan, the company paying 15 per
cent cash and issuing its notes, payable monthly, and bearthe editorial columns of the Chronicle.
The traffic, earnings, expenses, charges, &c., for three years ing interest at 6 per cent, extending for a period of six and
seven years.
The expense of these additions to the propwere as below given:
erty has been charged to construction and equipment acTONKAGB AND FAgSEKGERS.
count." * *
1887-88.
1888-89.
1889-90.
"The year has been a prosperous one with our coal operators,
Tons of c«al carried on BE
10,112,448
9.343,579
9,966.839
Tons of merch'e carried on ER. 8,713,315
8,447,404
9,666,827 and their facilities and operations are beini; developed on an
Passengers carried on ER
15,975,839
16,883,717
18,103,893 encouraging scale."
EAKNIKGS AKD EXPENSES.
Earnings and charges were as below (December, 1890, partly
Philadelphia <t Reading BB.—
estimated).
Bailroad.
1887-88.
1888-89.
1889 90.
EABMINGS AKS EXPENSES.
Passenger traffic
$3,407,'290
$3,639,546
$3,898,261
—
ANNUAL REPORTS.
Coal
traffic
traffic
9,478.760
5,621 ,296
Miscellaneous
United Stales mail
952,183
62,017
Merchandise
8.954.004
5,938,976
420.448
65,640
9.305,536
7,210,380
448,480
71,830
1887.
Mall, express,
Total railroad
Canals
$19,521,547 $19,018,614 $20,934,487
218,043
156.334
91,139
8t«am colliers
427,272
436,577
410,884
Richmond coal barges
273,267
328,438
265,4fi6
Real estate
181,197
198,952
Income from stocks & bonds..
373,208
416,215
265,522
Total gross
Oper.exp and taxes.
$
446,669
2,311,558
117,288
388,168
2,020,949
87,202
462,882
2,478,806
124,666
2,595,583
1,601,899
2,875,515
1,653,662
2,496,319
1,488.627
3 066,553
1,746,254
993,684
&c
1888.
$
412,141
2,031,420
152,022
Earnings from—
Passengers
Freight
1,221,853
1,007,692
1,320,299
1889.
1890.
$
S
'.
Total earnings EB. Co
Operating expenses
Net earnings EB. Co
PhU, <* Bead. Coal <t Iron Co.
Total earnings
Operating expenses
Neteamings
—
$20,537,375
12,396,706
$9,649,338
$8,140,669
$18,823,652
18,795,000
$22^166 450
13,901,188
$8,265,262
$17,818,226 $18,929,774
17,966,076
19|o80,932
$28,652 del $147,850 d^l5l,"l58
.
Neteamings Coal &
Ji887-88.
$9,649,338
Iron Co..
28,652
Total netbotb Co.'s
Dedvet—
1887.
—
Receipts
def 147 850
1889-90.
$8,263,262
det.151,158
$7,992,819
1890.
$
$
1,007,692
28,335
1,320,290
10,000
Total receipts....
Disbursements
onbds. & cartr..
1,038,169
1,250,432
1,036,027
1,330,299
979,5.-J7
on floating debt.
Pa RR. on I'se
18,629
24,048
984,020
23,758
24.086
1,022.234
15,935
1,034,982
215,451
Miscellaneous.
—
Int.
Int.
Miscellaneous
997,820 »
12,959$ 1,015,879
24,658
24,490
3,118
$8,114,104
Total disbursem'ts
Balance, surplus..
.
$9,677,990
1889.
$
1,221,853
28,579
$
Int to
1888-89.
$8,140,669
1888.
993,684
44,485
Net earnings..
INCOME ACCOUKT.
« .
Net earnings „^ Co..
BE. „
Net earnings.
INCOME Accomrr.
$20,815,337
11,165,999
1,035,428
599
1,040,369
'289,930
Of this amount $118,766 was sjyent for additions. Improvements,
iSc., ana $154,636 for equipment, leaving a surplus of $16,517.
'
$2,882,582
4,516:433
834,872
$2,842,319
lion Co
826,523
$2,830,744
4,351,312
822,126
Total deductions
Surplus both companies
$8,233,887
$1,444,103
$7,753,981
$238,833
$8,004,li2
$109,922
?*.°*"H^'?.<S
Interest ER. Co
Interest Coal
&
4,085,1.39
GENERAL INVESTMENT NEWS.
Columbus Hocklug Talley & Toledo Railway.
American Sugar Refining Co.— Sugar Trust.— On Saturday, the 10th, the receivers of the Sugar Trust were discharged
by Judge Pratt in Brooklyn by consent of the lawyers, and
the American Sugar Refining Company was immediately orO
ganized
Jersey City to take over all the property of the Trust.
The charter, under the laws of New Jersev, had been previously secured, and it was recorded in the office of the Clerfcof
Hudson County. The incorporators are F. O. Matthiesen,
John E. Searles, Jr., H. O. Havemeyer, William Dick and
anf ?.^Thft^?;^cr/rr"et.fcS?
Theodore A. Havemeyer. The capital stock is $50,000,000,
°f F°«t"r^ P
11'^''HuntSg?on and and IS divided into 500,000 ."hares of $100
^^ilt'^'^ ^J*''
K' '^"'T'e of.Columbus were elected
each par value. Onedirector for three half of the stock is preferred
iTrT
and the remainder common. The
durectors met and elected H. O. Havemeyer President and
nvan, c. a. Van Nostrand and Charles
J.
B AlexanHpr r^r
E. Searles, Jr., Secretary. The plan of reorganization is the
"^ Steubenvfue and C."c wlit^Tf same
that was published in the Chronicle in November (Vol.
Su^h.r^r'h^i'*^"*^'^''organized
Columbus. The directors
bv re-electinrr r r wti?
609). The
President. Samuel D. Davis first
Vice-PrSnt C B Tl«^ 51, p.stock and a holders of Central Trust certificates take their
ander second Vice-President and W?
per
dividend.
N CoU S^crkar^in^^^ new mortgage 5 was cent cash the
filed in
Register's office in Jersey
re«olutiSt;S,ting /^•Z"'^
Oity from the American Sugar Refining Company of New
t^'^SJ^r,??'""'''''^"^^^^^''''^**''^ »
"?='"«• °f tJ^e indorsement of Jersey
to the Central Trust Company of New York,
TV>ledo *^^in < "''^'f i"-°.*\^
ioiedo & Ohio Central bonds by
and
Judge Burke whpn th^t^Ji covers aU
the sugar properties recently acquired by the Sugar
tieman was President of the
VaU'eT. and to fak^ Trust,, includmg the
Boston and Continental companies of
fFor
the year ending
December
31,
1890^
*'« company was held in Columbus
r>'^t^»S"'5Ql?'?^'i°^4?.^
on the 3th inst. The pamphlet report will
not be "sued
tor several weeks yet. but from the
preliminary report (De.
f
^^B^ett 7lt\
W
n™
Wk^ng
m
Jancaby
17,
TBE ('HRONIOLE.
1881.J
)2l
&
Wcidhera nnd the Ilavomeyer compaPoaghkMipsle Bridge— The bondholders are being asked to
De Castro and IJonner and the Ilavc- tlgn an agreement to fuml their interest for two years into
meyer and Elder companies of Brooltlyn, and the Now Or- icrip bearing 5 per cent interest. The scrip is redeemable
leans Sugar I&>>iniug Company of New Urieans. The mort- within ton years, and ahali be (mid oil ahead of the flrating
gage is to secure the issue of $10, (KM), 000 Iwnds bearing six debt, which now aggregates $420,000. This proposition haa
percent interest, which will bo a first lien ou all the mort- been accepted by a large number of the bondholJers, among
gaged properties, and mature in 1911.
whom are the subsc;ribers to the obaolete guarantee fund.
Boston, Mattbiessen
nies of Jersey City, tlie
It
—
Bell Telephone. The directors have voted to issue $2,500,000 more of new stock on April 1, the samo to be otTered to
stockholders of record on Jan. 27, and to be paid for at ^Mir in
one iKiyinent. It was also voted to call a special meeting of
the stockholders on Jan. 27.
Called Bonds.— This item
is
published to-day on page
126.
Chicago Gas.— A Chicago press dispatch reports President
BiUings as saying that the dividend will have to be passed.
He says that with gas at $1 25 per 1,000 feet and with
an expenditure of $2,500,000 in construction in preparation
for the World's Fair and the growth of the city, passing a
dividend is a necessity. Something of a sensation has been
create<l by the dropping of the names of Columbus R. Cummings and Sydney A. Kent from the list of directors at the
annual meeting of tlio Chicago Gas Light & Coke Company
on January 12. The stock of this company is owned mainly
by the Chicago Gas Company. Mr. Billiugs says that this was
done because they held little of the stock, though they are
heavy Ixindholders. Mr. Cummings says that he and Mr.
Kent declined to be re-elected because they are interested in
natural gas, and do not wish to be officers in two companies
which may become antagonistic.
Marietta
& Nprth Georgia.— At Knoxville, Tenn., Jan.
14,
and point
to the
map
in substantiation of th^ir assertion.
&
St Lonis Arkansas & Texas— St. Louis t Sonthwestern.—
The reorganization committee expect to be able to issue the
new securities early in March. 'The sale of the property has
just been amflrraed, and it will take about sixty days to properly organize the new ompanies and sign the new securities.
A Peoria.-The
Terre Haute
gross and net earnings of
were as follows: Gross earnings, $.352,098;
operating expenses and taxes, $359,705; net earningSj $92,393;
this road in 1890
loss interest, $90,000;
surplus for year, $2,393.
Texas H Pacific.- For the year ending June 80,
to railroad commissioners showed the following:
^1883-89
$6,388,828
5,002,087
„
Eamlnyg...
,
Expenses and taxes
Net
$1,386,739
Interest
Balance
Other Income.
'
1890, a report
1889-90
$7,212,692
5,756,284
$1,456,408
1,279,490
$176,918
143.837
a
the United States Court asking that a receiver
be appointed for the Marietta & North Georgia Railroad. The
bill IS filed by the Central Trust Company of New York, and
alleges that the railroad company owes it $3,000,000 and has
defaulted. Tliis bill is an auxiliary one, the original having
been filed in Atlanta. The promoters of this road state that
the charge of their paralleling other lines is not well founded,
bill wa.s filed in
is intimated that in caae the proposition is not generally acceptwl, the coiniiany will be placed in the hands of a receiver
upon the application of the Dehiware
New England Company, which is a floating debt creditor to the amount named
above. The earnings of the bridge in November were $9,100.
Total balance
320,765
Otber payments
-126,045
Deflclt
$105,290
These other payments include $108,883 rentals and ordinary
expenses of a corporation. Of the balance $42,215 were paid
for investments, $33,452 car trust debentures, $166,315 for
new equipments, $46,564 for new boats and $14,599 for a
hospital.
—
The Thurber, Whyland Co.— The prospectus of the newlyMilwaukee Lake Shore & Western. The directors have
declared a dividend of 3^^ per cent, makine 7 per cent for the organized corporation of Thurber, Whyland & Co. was issued
year, upon the preferred stock, and an annual dividend of 7 this week. The introduction of this scheme for putting a
per cent upon the common stock was declared, payable Feb. 16. large wholesale grocery business into corporate form furThe folli)wing figures, with December estimated, are given nishes another evidence of the tendency toward conThe Thurber, Whyland
for 1890: Gross receipts, $3,8G0,00O; operating expenses and solidation in industrial circles.
taxes, $3,418,000; net receipts, $1,442,000; interest and rentals, Company has an authorized capital stock of $1,500,000
$741,000; surplus for the year, $701,000. The amount required preferred, entitled to 8 per cent dividends, cumulative, and
$1,500,000 common stock. One-third of the common stock
is $506,389, leaving a balance of $194,711.
will be held in the treasury.
Of the pref. 8 per cent stock
Missouri Kansas & Texas. The net earnings for ten months $1,000,000 is offered by S. V. White & Co., John H. Davis & Co.
January 1 to October 81 were $1,913,133, and for the year and Connor & Co., and subscriptions will also be received by
1890 (November and December estimated), $2,400,000.
The the Importers' & Traders' National Bank, the Fourth National
gross earnings for the full year 1890 were $8,653,676, an in- Bank, the Central Trust Company, and The Thurber, Whyland
crease of $832,494 over 1889.
Company of New York, and Wilbour, Jackson & Co., of ProviNew Bonds and Stocks Authorized or Offered. The item dence, R. I. The members of the firm agree to own at least
usually published in this column is given to-day on page 126. 5,000 shares of common stock for not less than five years, and
The stock of
N. Y. New Haven & Hartford. ^This company gives notice agree not to engage in any competing business
to its stockholders that the capital stock of the company will merchandise transferred to ine company is appraised at
,117,373, and other assets raise the total amount to $1,508,534.
be increased on Oct. 1 next by the issue of 46,750 shares of new $1
stock at par to the stockholders of record on March 31. This The experts employed lo examine the books of the firm report
that for eleven months ending Jan. 3, 1891, the earnings were
is one share of new for four shares of old held by them on
that day. The stockholders are to have the month of April in equivalent to 8 per cent upon the preferred and 12-15 per cent
which to subscribe for this new stock. They are to pay for it upon the common stock.
Union Pacific- Bock Island.— The Union Pacific Company
$50 a share on the Ist day of July and $50 a share on the
The stock wiU not participate in any div- has given notice to Rock Island that the contract of May 1
Ist day of October.
idends jmyable prior to the 1st of January, 1892, and mean- 1890, was in excess of its powers and statutory authority, and
it therefore disaffirms the said agreement.
while will have no voting privileges.
New York Stock Exchange— New Securities Listed—The
Western Traffic Association.—On the 10th inst. the Adlistings at the Stock Exchange will be found this week on visory Board of the new Association adopted the agreement
as finally submitted, and it will be found complete under the
page 126.
•'
Oregon Improrement Co.— Messrs, Elijah Smith, Prosper title of Reports and Documents," on another page. The
W. Smith. J. H. Benedict and S. H. Tliayer have retired from Board elected Mr. Roswell Miller, President of the Chicago
the Oregon Improvement Company's directory, and W. H. Milwaukee & St. Paul, President of the new Association, and
Presidents Marvin
Starbuck, Richard Olney, F. H. Prince an< M. V. B. Edgerly chose the following Finance Committee
have been chosen their successors. Mr. Starbuck will proba- Hughitt, of the Chicago & Northwestern Jay Gould, of the
bly be the new President. The new officials represent a syndi- Missouri Pacific Thomas F. Oakes of the Northern Pacific ;
cate that has recently bought a large block of Oregon Im- R. R. Cable, of the Chicago Rock Island & Pacific, and Allen
provement stock, and that proposes to pay off the floating Manvel, of the Atchison Topeka & Santa Fe. The number of
Commissioners was finally raised to five, besides a chairman,
debt, which amounts to about $3,000,000.
and the following were chosen Chairman, Aldace F. Walker^
Philadelphia & Reading.— The managers have decided
Commissioner of the Interstate Commerce Railway Associthat there are no net earnings for the year 1890 applicable to
ation
J. W. Midgley, of the Southwestern division of the
the preference income bonds. At the annual meeting in PhilaWestern Freight Association; W. W. Finley, Commissioner of
delphia on the 12th 787,595 shares of stock were voted for the
the We=tem Railway Association; J. N. Faithorn; Commisfollowing oSicers: President, A. A. McLeod; managers, A. J.
sioner of the Southwestern Railway & Steamship Association;
Antelo, Thomas Cochran, George deB. Keim, Henry C. GibJames Smith, formerly commissioner of the Trans-Continental
son, Thos. Dolan, James Boyd; Treasurer,\Villiam A. Church;
Association, and E. P. Vining, formerly chairman of the WestSecretary, William R. Taylor.
ern Freight Association.
The territory covered by the agreeMr. O. deB. Keim resigned as President of the Coal & Iron
ment was divided into the five districts alseadv existing, aa
Company and Mr. McLeod was elected.
follows: Trans-Continental, Southwestern Railway & SteamPotomac Valley.—The Potomac Valley Railroad Company, ship, Western Passenger, Western FVeight and Trans-Missouri.
which is controlled by the Western Maryland, has executed a It is the understanding that Mr. Midglev will be assigned to
mortgage for $2,000,000 to a truet company in Baltimore, the the Western Freight division, Mr. Faithorn to the
Southproceeds of which will be used in the construction of the pro- western Railroad & Steamship, Mr. inley
to the Western
posed line to connect with the Philadelphia & Reading. A Passanger, Mr. Vining to the Trans-Continental,
and Mr.
survey is being made from Porters Station, York County, Smith to the Trans-Missouri. The important question of
esthrough the city of York to Chickiee, on the north bank of tablishing joint Eastern agencies was relegated to the future.
the Susquehanna River, where connectioa will be made with The next regular meeting of the Board will be
held in Chicago
the Reading's Columb ia branch,
in April,
for dividends
—
|
—
—
:
;
;
:
;
I-
•IHE CHRONlCLIi;
122
%tpovts
[Vol. LII.
^0cmntntB,
atixl
THE PHILADELPHIA & READING RAILROAD COMPANY.
BEPOKT OF THE PRE8IDEKT AND MANAGEE8 TO THE ST0CKH0LDEK8, FOR THE YEAR ENOINS NOVEMBER 30TH,
1890.
To the Stockholders of the Philadelphia d Reading Railroad Company:
The President and Board of Managers submit the following report of operations for the year ending November 30, 1890:
CoMPABATiYE Statement of the Operations of the Two Companibs fob Yeae Ekding November 30th, 1890.
\Total
Grott
Earnings.
Profit
not
Rented; Inttr-
and
Loss.
Rental of
Net
Earnings.
including
I
Leased Roads,
Interest.
and Canals.
Profit.
Loss.
est, lie.
I
Pbiladelpbia 4 Reading KR. Co.
,..'f20,934,4S7
KaUroad
Working
Expenses,
\
i
91.138
410,883
265,466
198,952
265,521
Canals.
8teann;olllcr8
Coal-barges.
Real estate
Income from inTeatments.
DeMt balance profit and lo88,taxe8,eto.
|
38; ¥11,941,581
63
e2
47;
35'
68,460
303,085
274,448
44,809
$8,992,905
89
22,677
78
28
107,798
45 Loss,
8,981
51
154,142
84!
265,521 921
92
$9,534,061 46
1,268,802 CO
$22,166,450 37! $12,632,385 91
1.268,802 00
$8,265,262 46 $2,830,743 75 $4.351 ,311 69 $1,083,207,
8,140,670 05 2,842,319 25 4,085,138 80 1,213,212
Total RR.Co. year ending Nov.30.1890. $22,166,450 37i $1 3.901,187 91
Total RR.Co.yearendlngNoT.30,18S9. 20,537,375 761 12,396,705 71
$1 ,639,074 61
Increase..
40
85
34
98
1
$124,592 41
$1,504,482 20
$266,172 89
$11,575 50
Decrease
Phila. a Keidino Coai, & Iron Co.
For year cndiuR Nov. 30, 1890
For year ending Nov. 30, 1889
518,029.773 75, $19,080,931 87 Loaa$l 51,158 12
17,818,225 82 17,966,075 84 Loss 147,849 82
$1,111,547 93!
Increase..
$1,114,856 23 Loss
$130,00498
$822,126
826,523
$973,284 35
974,373 16
$3,308 SO
$4,397 11
Decrease.
$1,088 81
Total both companies,year endlngNov.
30.1890
$8,114,104 34 $2,830,743 75'$5,173,437 92
$41,096,224 12 $32,982,119 78
$109,922
Total botb companies,yearendingNov.
30,
1869
38,355,60158!
7,992,820 23
$2,740,622 54
Increase..
30,362,78135
$2,619,338 43
2,842,319 25
$121,284 11
$11.575 50'
From
the foregoing statement, it is shown that the operations of the Railroad resulted as follows:
Gross receipts
$20,934,487 38
Gross expenses
11,941,581 89
To
traffic
541,158 97
$9,534,064 46
deduct:
Rentals
$2,830,743 75
Interest account.
Dr. balance profit and loss, taxes, etc
4,351, :jl] 69
31 1 ,630 73
7,493,686 17
Company:
Interest
.
$782,435 00
340,107 12
Sinking Funds
1,122,542 12
Leaving a surplus over the fixed charges of both
Companies of
From which must be deducted:
Equipmcii t dismantled
$431 ,366 31
Settlement of jud-mcnt account C mvertible Ailjustment Scrip....
116,287 31
$917,836 37
Liability accouutShoemalicrsvllle ac<>l<lent.
Taxes prior to 1889, paid during year
Discount on Car Trust Certificates
and (»encral Mortgajre Bonds
Legal expenses in New York, connected with Reorganization
125,000 00
74,065 15
200,452 50
10,00000
The increase in proflt from the operations of the RaUroad
t'oonpany for the year over that of the previou-s year
was
|8«4,M4 18. Ou the other hand, there was an increase in the
mterest charges of $286,172 89 in taxes, of $46,763 40, and
in
equipment dismantled $100,426 13. There was paid during the
year for taxes prior to 1889, which had been in dispute
with
the Commonwealth, $74,06.5 15. There were also
extraordinary raymonts required to be made amounting to a large
sum
included
the foregoing deductions from income as
follows
In settlement of judgment recovered against the
Company on"
account of (^invertible Adjustment scnp, $116,287
31 : itor the
jMulting from the ShoemakersviUe ac^^i^I"Sl°nnn*'"**^S'' for
cident, $1^,000 and
discount of Car Trust and General
Mortgage Bonds sold during the year, which was
necessarilv
paid out of eammgs, $^,4.'53 .50. These
expenditures have
the increase
.» <».nBumed statement in profit above referred to
"^If following la a
The
of the earnings and traffic of
,
^"^ '•"> y«»' 1890, as compared^th
^^nu
ihL^n'^T''^'"'*'*"''
those of the previous year
;
m
•
:
^
_
PaMeoger
1890.
$3,89-<,2«o 54
.
trnfflc
CpftltralBp
Morchandlao tr.imo
9,305,536 29
7,210.3m 1 06
448.479 65
. . .
Mt«-ellaneou»
U.S. Mall
71.82984
1889
$3,639,546
Increase.
1
8,954.0(14 03
5,938,975 69
120,448 33
65,639 52
$258,714 40
351,532 26
1,271,405 37
28,031 32
6,190 32
$20,934,487 38 $19,018,613 71
$1,915,873 67
18,103.a03
16,883,717
1,220,176
8,333 2 1
8,075,393
257,825
1,633,641
1,238,187
395,454
9,666,827
8,447,404
1,219,423
No.pass'gers carried..
No. tons coal.anthrao'e.
No.tons " bituminous.
No.tons of inerohaodlse
rates for transportation of a considerable portion of the traffic, a still greater reduction would have been made.
The decrease in rates during the year on coal averaged '066 cent
per ton per mile, and on merchandise traffic '054 cent.
The past three years have continued to develop the tendency
to lower rates which has prevailed for a long period, though
it was hoped that the restraints imposed by the influence of
prominent financial institutions in the directing of maintaining them at a more adequate standard would have had a more
salutary effect this tendency, in addition to the belief that
the Railroad Company cannot rely upon the natural increase
of the coal traffic alone for a sufficient revenue to meet interest
charges and dividends, has compelled the management to
exhaust every legitimate effort in extending and enlarging the
field of operations, and in placing the road and equipment in
a position to meet the requirements of an increased traffic.
WhUe there has been a large increase in tonnage, the net receipts are not increased in a corresponding proportion, so
that it requires constant effort, by the improvement of facilities, to institute such economies in the operations as will enble the business to be carried on at an adequate profit, and to
overcome the tendency to an increaee of expenses out of proportion to the increase of traffic, due mainly to the constant
decline in rates, before noted.
At the same rates which prevailed during the year 1889, the
tonnage transported during the past year would have produced
an additional increase in earnings of about a million dollars,
without any increase of expenses. And with the rates for
tolls prevailing during periods of strong demand for anthracite coal, as for instance in the year 1887, the revenue from
the transportation^f the coal carried during the past year
would have been about $2,000,000 in excess of what was realized, and the difference to the Coal
Iron Company on the
coal sold during the past year, between the present prices and
those then prevailing, would have amounted to over $1,000,000 in other words, had the rates for transportation and the
prices of coal been realized on the tonnage of the past year
which then prevailed, it would have increased the net income
of the two companies for the year by at least $3,000,000.
The decline
rates is mainly confined to the business
known as through traffic; the rates are fixed by the competition between the Trunk Lines, and are beyond our control; as
;
$2,040,378 29
I*S8 Interest and Sinking Funds of Divisional Mortgages of the Coal & Iron
Company, guaranteed by the Railroad
$128,916 17
The proportion of operating expenses proper to traffic earnings was 57"04 per cent, a decrease of 36-100 of one per cent
from that of last year, and but for the continued decline in
$8,992,905 49
wtiicb add:
Profit from other sources.
Prom which
233,838
$261,775 78
Decrease.
Earnings from
4.911,662 14
&
;
m
the through traffic is almost wholly competitive, and can be
transported to destination by other lines, we are compelled
either to accept our proportion of the through rates prevailing, or to decline to participate in the business.
are,
however, gratified to be able to state that the rates on local
competitive traffic have been uniformly maintained through
harmonious arrangements which now exist with connecting
lines, except where modifications were
rendered necessary
under the operations of the Inter-State Commerce law by reason of the decline in through rates.
The statement shows a gratifying increase of traffic in every
dejjartment, and the mcrease of 1,219,423 tons in
merchandise
freight indicates that your property is rapidly
receiving the
benefit of the increase of facilities elsewhere
pointed out in
We
JanUABT
THE CHRONICLR
17, 1S81.1
report, so tliat the merchandise tonnatco now exceeds tlie
aiUhriKito tonnnKO by more than 1,500,000 tons.
Ah announcod in -he last annual report, large extienditurea
were rotiuirod to b!.> niado (luriuj? the year in continuing the
remnval and improveiuent of the road-bed, superstructure,
buililiiiK-i, machinery an 1 eciuipments, so as to bring your
property to the ra.)dorn atandirJ. and to facilitate th« movoment of trafllc, and in ext'^iMiu;; and enlarging the facilities for receiving and liandlin^j freight in all of the more
important centers of trade, as well as along your lines. In
adaition to the expenditures in thii direction carried into the
operofing accounts, there have been exi>pndcd $593,803 81 for
improvonients and additions of a more i)3rmaneut character,
whicli your Board his not deemed necessary to be deducted
from Income, and whicli have therefore been carried to Capital account, whidi adde<l to the $447,584 98 carried t > the
Capital account of the Coal & Iron Company, makes $1,040,888 82 carried Into the Capital account of the two companies
for the year.
From whatever cause it may have arisen, whether from
oversight, or whotlier it resulted from the financial straits to
whi<!h the company was subjected, the failure, at the time of
acquirmg the large bodies of coal lands in the Schuylkill region, to make adequate provisions in rolling equipment and
terminal facilities to distribute their product in the markets
has been almost fatal to the proper development of the revenues and resources of your company and to this cause alone
is due the failure to maintain the proportion of coal tonnage
tliiH
;
formerly held. Tlie improvements which have been made
since the reorganization go only in the direction of re-taking
the ground which has been lost, and must not be considered
sufficient to restore your properties to their full earning power.
Theories have produced disastrous results. It will not do to
expect immediate returns from your large holdings of unproductive coal lands. These, in good time, will reach a value
equal to the entiie capital debt of your companies. But what
is needed now is the practical development of so much of these
lands as are needed to supply the demand for anthracite coal.
No increase of the equipment had been made in recent
years until in 1889, and nearly the whole of that which has
been added is taken up in handling the increased merchandise
traffic alone.
The following table will show that it adequate
facilities had baen provided to maintain your due share of this
business, the antliracite tonna^je of vour company in 1890
should have been 12,000.000 tons instead of 7,500,000. and that
almost the entire growth of consumption during the past thirteen years has been absorbed by our competitors, who liave
increased their facilities by placing their product upon the
markets to keep pace with the growth of the business
123
On the more important linos the roa<l-bod hao been raided
and widened, and the distance between tracks increased to the
uniform width required for the pasitage of the larger equipment of modern standards, which has also required the enlarging of the tunnels along the line. Extensive improvements in tlio road-bed have also been mode by the addition of
large quantities of broken stone and furnace slag ballast furnished by crushers established by the Company at points convenient for distribution.
During this period a second track has been laid upon a large
part of the WiUiamsport Division, to accommodate the rapidly-growing merchandise traffic to and from western points,
anil the coal trade tributary to that part of the line.
Tlie entire rearrangement of the yards and freight stations
in the. l^ity of Reading was nece8.«ary for the convenience of
our freight service on the main line, Lebanon Valley and East
Pennsylvania branches, and to prevent delays to the immense
coal and other traffic passing through that point, and still further additions will be required to prevent the frequent blockades which necessarily occur froui the insufficient track room
through that city.
Many other improvements too numerous to be referred to in
detail have been made to the road, tracks and terminals,
which have resulted in greatly improving the efficiency of the
train service, and in reducing the cost of handling the business.
The bridges on the entire system have been thoroughly overstandard floor system has been introduced. Many
hauled.
wooden bridges iiave been replaced by iron structures. At
numerous points, where it could be done advantag'-ously,
stone arches have been constructed to replace the old strucnew bridge across the Schuylki.l River at West
tures.
Fulls, whicli was required by the opening of the through passenger service between New York and Washington, was comExtensive improvements have been
pli-ted In the past year.
made in the docks and wharves at Port Richmond and at other
points along the water-frout in Philadelphia. The facilities
for the prompt and economical handling of coal have been
greatly improved by the introduction of machinery of modern
desifn.
In no department was your property more deficient than in
the provisions for the comfort and convenience of the traveling
public at its passenger stations. With but few exceptions, the
station buildings throuahout the entire system have been renovated, repaired and repainted, and so improved in their sur-
A
A
roundings as to make them at once comfortable and attractive
and at the more important points, new buildings with
modern improvements have been provided, with due regard
both to present needs and future requirements.
Complete systems of interlocking switches and signal
PerccHtage
Tons TransTons ifProTotal Shipment
towers have been added at many important points, and new
Tran'-n' led over ported over P. porV n had been
of Anstandard station, train-order and switch semaphore signals
<tR. RR
thracite Coal.
P. a K. RR
Maintained,
have been adopted and are rapidly replacing those of old style
32-85
1877
20.828,179
6,842,105
which were formerly in use.
29-04
1878
17,(i03.2«2
5.112,219
5.783,328
Large additions to the equipment have been required, as well
2S-47
7.442.617
1879
26,142.689
8,587,873
as a radical change in the character of that in use. Upwards of
1880
23,437,242
25 32
5,933,923
7,699.134
24-35
1881
28.500,016
6,940,283
9,362.'i55
5.000 eight-wheeled gondola cars of large capacity have been
2404
9,56.'5.952
1882
29,120,096
7,000,113
added and have taken the place of old four-wheeled cars
23-31
1883
31,793,027
7,410,954
10,444,009
which had become dilapidated, expensive and unfit for ser21-62
1884
30,718,293
6.641,194
10.090,959
1885
ai-24
31,623,530
6,716,8:5V
10,388,329
vice and though the total numlier of coal cars now in ser20-84
1888
32,136,362
6,697,217
10,556.794
vice only exceeds by about 1,200 those in service three years
21-81
1887
34.641,018
7.555,252
11.379.574
ai?o. the increase in character and capacity is equal to more
18-81
1888
38.14.^TI8
7,175,319
12,530,868
19-94
than four times that number.
1889
3,5.817,093
7,141,887
11,765,915
•1890
20-74
36.300.000
ll,9ii4,550
7,527,080
There have been added about 100 new locomotive engines of
' December
estimated
all classes, while many of the old engines have been supplied
The tonnage shown in the above table includes only the with new boilers, which, with the strengthening of their
coal originating on and transported to market over the lines working machinery has increased their hauling capacity about
;
;
& R. RR. Co.
seems from the foregoing to be quite obvious that but for
the defect in the development of your properties, the revenues
of your business would have enabled you to continue the payment of dividends on your capital stock.
There is now no reason for the continuance of this policy,
and it is expected that upon tlie completion of the plans now
projected, the company will be able to command a fair proof the P.
It
portion of the future increased traffic, and to make great progtoward restoring the t.usiness of your company to the
position which it should occupy in the trade. There have
been contracted for upon the most favorable terms, for delivery during the current year, 5,200 freight cars, of which 3,200
are large twin-hopper gondola coal cars and 2,000 are for use
in merchandise traffic.
In addition to tliis added capacity of your coal equipment,
it seems opportune to refer at this time to some of the other
important improvements made during the past tliree years to
meet these conditions.
There have been added upwards of forty miles of second
track and over 100 miles of sidings on the main line and
branches: while, including controlled lines acquired, the
mileage has increased more than 400 miles. Within the city
of Philadelphia alone, your Company owns and controls upwards of 228 miles of tracks, to which additions are being
constantly requiretl.
Steel rails have been laid in the main tracks of the entire
system, a large portion of which has been added during the
past three years, requiring about 65.000 tons of new steel rails
and nearly 2,000,000 cross ties. The old steel on the Main
Line Division and the Philadelphia and New York Division
has been replaced by new steel of heavier patterns, required
on account of the increased weight and speed of passenger
ress
trains
and freight equipment.
twenty-five per cent.
Of the new. equipment acquired diu-ing the past year there
were fifty-four new locomotive engines, cf which fifteen are
ten-wheeled fast freight engines, fifteen are heavy consolidation engines, and fourteen are passenger engines adapted to
our through fast service.
There were also purchased forty-eight new passenger
coaches, seven combination passenger and baggage cars, six
baggage cars and a number of new refrigerator and heater
cars for the transportation of perishable freight.
There were also constructed and placed in service during
the past year for the transportation of coal to seaports along
the coast fifteen new sea-going barges of large capacity.
The new passenger equipment placed in service between New
York and Washington has proved especially attractive; the
increase in this traffic in the last six months has reached 86
per cent.
Among the provisions for increasing and enlarging the merchandise traffic in the City of Philadelphia may he mentioned
the acquisition by purchase and under lease for a long term of
years, of extensive and valuable dock properties on the Delaware River, affording additional conveniently located and
central stations for the receipt and distribution of merchandise freight, connecting by means of floats, on which loaded
cars are conveyed, with the tracks at Port Richmond and Wil-
low
Street.
A similar
water-front has been acquired in Carnden, on the
opposite side of the river, giving access to the business of that
city as well as providing for the transfer in loaded cars of the
freight traffic to and from the lines in New Jersey controlled
by your Company.
Arrangements have been consummated for the construction
of a new storage warehouse on our tracks on Pennsylvania
Avenue, which will enable us to command increased ship-
THE CHRONICLE.
124
of flour and feed from Western points for consumption
.
in this city.
..
i.-raT„„„„
new car repair shop w in process of erection at Wayne
take the place of
Junction, a point convenient to all lines, to
where the space octhe shops now located at Port Richmond,
cuDied is required for the increased merchandise traffic.
A new freight yard in this city, between Fifth and Sixth
condition
streets, is being arranged for, to relieve the crowded
riverof the existing yards at and near the wharves on the
and unfront, which will be entirely needed for the loading
loading of vessels.
.
«=
^
In connection with the development of the merchandse traffic,
interest to state that a regular service of new
it will be of
steamships has been successfully established during the past
year, plying between this port and London, under the name
of the North Atlantic Steamship Line. These steamships are
accommodated at the terminals of your Company along the
river-front, and interchange traffic on mutually satisfactory
terms ; the movement of both through and local freights over
our system has been already materially increased through this
arrangement. The line has, at the same time, afforded to the
merchants of this city a valuable opportunity to extend their
foreign trade, which can only be accomplished through an
it is confidently expected
efficient and regular ocean service
that this service will rapidly increase with the growth and
development of the large traffic naturally tributary to your
lines, which has been hitherto carried via other lines to
other ports on account of the lack of the facilities for its
accommodation at this point. This service will soon be
extended to other foreign ports.
ments
.
A
:,
;
[Vou
III,
which is now held by your company, and proves to be
a valuable acquisition in itself, independent of the protection
afforded to your other business.
stock,
PORT READING RAILROAD.
In another part of this report the lack of means of placing
the product of your mines upon the markets, and the consequent shrinkage of production in proportion to that of competing fields, is commented on. A marked illustration of the
necessity of providing additional facilities for the distributing
of anthracite coal in New York Harbor, and all tide-water
points tributary thereto, is found in the fact that at the time
of writing this report, there are more than 1,000 cars loaded
with coal standing on the side tracks in Jersey City, because
of the lack of dock facilities for transferring the coal to vessels; and on account of the restrictions which these limitations
impose upon your traffic, the management is now obliged to
transport coal from Port Richmond through the Delaware
River and around to New York Harbor, encountering all the
perils of coast navigation at this season of the year and at an
expense largely in excess of all-rail freiehts. With the view
of meeting these wants, and other disabilities under which
your company has labored ever since the day it opened its
mines, for want of unrestricted access to the waters of New
York Bay, the greatest distributing centre in the country of
anthracite coal, your Board have determined to promote the
construction of a line of road, to be under the control of your
company, to extend from the vicinity of the terminus of the
Delaware & Bound Brook Railroad, near Bound Brook, N. J.,
to deep water, in the Arthur Kill, a distance of twenty miles,
to
New
accessible
the waters of
at a point readily
New England ports by large vessels.
have been completed for the construction of
this line, with adequate terminals for the storage and shipment of coal in quantities only limited by the demands of the
markets. Over three hundred acres of land have been acquired for terminal purposes bordering on the waters of the
Arthur Kill. Work will be speedily commenced and prosewUl be shortly put in operation for the interchange of traffic cuted with vigor. Conservative estimates show that the earnto and from your entire system. It will be operated under ings of this line will be sufficient to meet all charges on its
lease to your Company, and will open up an extensive terri- cost, and leave a large surplus; it will furnish the means of
tory hitherto inaccessible, and will afford valuable connec- supplying the markets with your just proportion of the coal
tions for an interchange of traffic with other systems of rail- tonnage at all times. The advantage of the construction of
this line in the increase of tonnage on nearly all other parts of
road.
ATLANTIC CITY RAILROAD.
the system, without regarding the increase of product of the
The Atlantic City Railroad, one of the important lines con- Coal & Iron Company, can scarcely be estimated, but it is
trolled by your Company, extends from Camden, on the Dela- certain that it will add a large increase of traffic earnings.
ware River opposite this city, to Atlantic City, the principal It was anticipated that work on this line could have been
and most populous resort on the Atlantic seacoast, with commenced before this time, but it was found to be necessary
branches, opening up a productive district with many towns to make several surveys in order to avoid all grade crossings,
and villages. It has been greatly improved during the past of other railroads, and your Board is pleased to announce that
year by the addition of a second track between Camden and the line adopted is of favorable grades and of almost perfect
Atlantic City. In the past three years the tracks on this sys- alignment, the maximum grade being only fifteen feet to the
tem have increased upwards of eighty-six miles, including mile.
second track and sidings. During the same time there have
PHILADELPHIA PASSENGER TERMINAL.
been added for the increased passenger business fourteen locoIn the last annual report, reference was made to the steps
motive engines and fifty-five passenger coaches. The tracks which had been taken to secure the necessary legislation to
and facilities at both of the main termini have been largely authorize the extension of the passenger service of your sysincreased and extended, and new ferry terminals in Philadel- tem, by elevated structures, from tlie vicinity of the present
Ehia and at Kaighn's Point, on the opposite side of the river, stations at Broad and Callowhill, and Ninth and Green Streets,
ave been established. A new and commodious passenger to a common terminal station near Twelfth and Market
station with modern conveniences has been built at Atlantic Streets, in the business centre of this city. The litigation
City.
then mentioned is still pending undetermined on appeal to the
These improvements, and many others made along the line, Supreme Court. For the reasons then pointed out, a strong
have been amply justified by the phenomenal growth of the public sentiment has grown up in the meantime in favor of
traffic, though it has met the competition of two other fuUy
the coDcefsiou of the required privileges, vigorously supported
equipped lines in active operation; the business has increased with substantial unanimity
by the public press. Under these
over one hundred per cent.
circumstances the time seemed propitious to renew the appliThe local passenger traffic on this line is also steadily grow- cation to Councils, and accordingly, on the 4th of December
ing, especially from the new towns and villages within easy
last, a draft for an ordinance was presented for their considerreach of this city, which are rapidly springing up.
ation, which passed both bodies by a very large vote, and subKORTH EAST PENNSYLVANIA.
sequently received the approval of the Mayor. The plan emThe extension of the North East Pennsylvania Railroad from bodied in the ordinance ditfers very slightly from that adopted
its terminus at HartsviUe to New Hope, on the Delaware by the Company when it proposed
to proceed under its charter
River, a distance of 15-8 miles, has been in progress during powers without the consent of Councils, with the exception
the past year and now nears completion. It will make trib- that conditions are attached for the removal of important grade
utary to vour system a productive and thickly populated re- crossings ft several points on your lines, at the expense of the
gion, and on the completion of the new Terminal Station
in Terminal Company. While a compliance with these conditions
this city great improvement will be realized in the traffic
from involves large outlays, they are not believed to be unreasonthis line from its desirable location for summer residence.
able under the circumstances, and they will undoubtedly in
CAMDEN COUNTY RAILROAD.
time prove of great advantage to the Company, which will in
The extension of the Gloucester Branch of the Atlantic City some measure tend to compensate for the cost. Your ComRailroad, seven mUes in length, is about completed,
and will pany labors, and has labored for many years, under the greatspeedily become a valuable feeder to that system.
est disadvantages from the inconvenient location of its terminal passenger stations and from the inadequate provisions
CATA8AUQUA & FOOELSVILLE RAILROAD.
for the comfort and convenience of the traveling public, which
Recognizing the importance of the traffic of this
line a
the limitations of space made it almost impossible to improve
controlling mter^t in its stock was acquired during
the year
PHILADELPHIA HAEKI8BTJRG & PITTSBURG.
During the year the Philadelphia Harrisburg & Pittsburg
Eailroad Company has been formed by the merger and consolidation of the Harrisburg Terminal Company with the
Harrisburg & Shippensburg Company, formerly the Harrisburg & Potomac. The bridge across the Susquehanna River
at Harrisburg, on this line, is nearly completed, and the line
The
existing business makes the investment
in the stock a
profitable one, and with the addition of the
traffic tributary to
and from oUier parts of the system, which the
acquisition of
the stock commands, is of much greater value.
THE MIDDLETOWN & HUMMELSTOWN RAILROiD
The approaching completion of
this line from Hummels&.r„'^°"J^*"'°''" ^^' ?y ^'^''^' ^ Middletown, on th^
Susquehanna River nine miles below Harrisburg,
threatened
to bring into the field a competitor for
the tSfflc of that
together with the fact that
?? **!'* consideration, local
ltf?"j will develop an
the line
extensive
traffic which coiJd be
""^-yo" Board determined to a^
7T
?u1re%r«!.'^S^ of the property. Accordingly,
quire the control
were entered upon which resulted in the transfer
S
negotiations
of Ha
York Bay and
Plans
materially.
Since the completion of
its
terminal passenger
on Broad Street by the Pennsylvania Railroad Company, this disability has been greatly enhanced from the unwillingness of travelers to accept the limited accomodations
afforded
by this Company.
Some remedy has become a necessity; otherwise you will be unable to
secure any fair proportion of the traffic, which has grown
rapidly.
While there has been a great increase of passenger
traffic on our lines, taken as a whole, that from and to the
city of Philadelphia shows but a slight increase, especially in
comparison with the increase of the pa.ssenger business of our
competitor at its Broad Street Station since its completion.
The number of passengers carried to and from that point had
grown from about 7,000,000 in 1884 to 14,000,000 and upwards
in 1889, while the traffic to and from your stations at Broad
station
JAUDABY
IHEUCflRONIOLE.
17, 18B1.]
and Callowhill and Ninth and Oraen streets only inoreasod
from 9,052,708 to 10,445,406 during the same period. It can-
not be oTflrlooked that there is no reason of consequence for
and inadequacy
tliis ilisproportion except tlie imionvenienoe
of your station accomnnxlationB.
Now that th« requisito luKtil sanction has been granted by
the City Councils, it is proposed to enter vigorously upon the
prosecution of the work of completing the new terminal and
of great advantage
Its approaches, which cannot fail to prove
to the Company, through the increase of revenue certain to bo
derived from the new business which we shall l>e able to command to and from all competitive points, and the impetus its
completion will give to the improvement of all points on our
more e9iH>oially in the large territory suitable for suburban and summer residence.
It is expected that arrangements will be speedily consummated for completing this work without imposing any burden
upon the revenues of the residue of your property.
line,
READING IRON OOMPANT.
In order to protect this Company's interests, both as a preferred stockholder and creditor of the Reading Iron Works,
it became necessary to purchase all their real estate and manufacturing plant. The property was sold at Assignee's sale in
July, 1HS9, and bought in, subject to a mortgage of $5S>0,000
-and a dower of $10,000, for the sum of $1.50,500, making the
A new
total cost of the property to this Company $750,500.
company was organized under the corporate title of "The
Reading Iron Company," and all the manufacturing plant and
real estate acquired at Assignee's sale was vested in this new
company.
Uf>
WESTERN TRAFFIC ASSOCIATION.
RE80LUTION8 AND BY-LAWS.
at a meeting in the city of New York,
]
on the 15th
ifherea*,
of December, 1890, l)etw(>en the Presidents and other execufollowing named companies:
tive officers of the
Atchison Topeka & Santa Fe, Chicago & Northwestern,
Chicago Burlington & Quincy, Chicago Milwaukee ft St. Paul
Chicago lUjck Island & Pacific, Denver & Rio Grande,
Illinois Central,
Great Northern,
Northern Pacific,
Iowa Central
Southern Pacific,
Missouri Pacific,
Wabash,^
Rio Grande Western,
Union
it
,
Pacific,
was unanimously
Retolved, That the Presidents here assembled agree
to recto their resnective Boards of Directors the passage
of the following resolutions.
Whrreat, It is to the benoftt of thft public finrl of th» railway compnolns wbofitt llnea are sltuatod wtiat of CliicaKo & Ht. Louis, that thoy
should no-oporafe closely with each otkcr In ttio nianaffnment of their
properties, for the purp(no of seaiirlut; uniform, reasonable anil stable
rates Tor transportation, and such ecouomies In tlu) operation of their
properties for the better accommodation of the pubhc as will insure
equitable returns upon the capital iuveated,
ommend
iTHEREFORE BE
IT
RESOLVED:
now
Association shall bo fonnoil between the several
oompanles whose lines are situated west of Chicago and 8t Louis, or
such of them as may now become or may hereafter bo admitted as
Pir«<—That a
In the fall of 1889 the Keystone Furnace Company made an members thereof.
assignment for the benefit of creditors. Many years ago the
s>co»'/— That the atfalra of this Association shall be under the manRailroad Company advanced a large sum of money to the aKement and direction of an Advisory Board, to consist of the PreatKeystone Furnace Company, and received therefor mortgage dent and one member of the Board of Directors of each Company.
TAirrf— That the Advisory Board so eonstituted shall have power to
bonds. To protect this investment the Railroad Company establish and maintalu uniform rates between competitive points and
was compelled to buy the plant and real estate at Assignee's to decide all questions of common interest between tni, members of the
This property was likewise transferred to the Reading Assooiation. It shall also have entire charge, throuj^h properly consti«ale.
Company.
The Reading Iron Company's property,
Iron
after this purchase,
consisted of the following:
(1.) Two Anthracite Pig Iron Furnaces, known and operated
as the Reading Furnaces. (2.) Two Anthracite Pig Iron Furnaces, operated and known as the Keystone Furnaces. (3.)
Tube Works, comprising all the butt-weld and lap-weld furnaces of the old Reading Iron Works. (4.) Rolling Mill. (5.)
Sheet Mill. (6.) Scott Foundry. (7.) Steam Forge. (8.) Half
Rolling Mill.
Interest in Gibraltar Forge
All these plants have been successfully operated during the
past year. The value of the product of the various departments was $5,920,687 65. The general results of the year's
operations have been entirely satisfactory, and in addition to
securing a large traffic to the Railroad Company, the investment has proved a very profitable one.
&
THE COAL 4 IKOy COMPANY.
reports of the President and General Manager
of the Coal & Iron Company show that ^eat process has
been mafle in the development of the collieries, which have
been fully maintained, and are now in excellent condition.
They may be relied upon to produce largely increased quantities
of coal whenever the demand for increased shipments shall
exist.
The tonnage of the year exceeds that of the previous
year by 724.603 tons, and during the month of October there
were mined nearly 800,000 tons, the largest production of any
one month during the existence of the Company. This satisfactorily demonstrates the capacity of the mmes to furnish the
market" with all the coal that may be required. It is gratifying to note that a considerable reduction in the cost of mining
has been effected.
The revenues of the Company have been insufficient
pay into the Sinking Fund, established in 1888,
to
upon the coal mined from
the ten cents a ton
charged
the Company's properties, and the amount
on the lx)OKS against earnings during the past year for the purposes of this fund has been, therefore, credited back. It is
believed that the large increase of assets brought about by the
development work is amply sufficient to warrant the withdrawal of this charge to expense, until the revenues shall
become sufficient to meet all charges and provide a surplus
The amount expended on
sufficient to make the fund good.
colliery improvements was $881,931 16, in addition to $447,.584 98 expended for other improvements, which was carried
to capital account. These expenditures and those of a similar
character made during the two previous years, together with
the additions to the coal equipment of the Railroad Company
which have been provided for, place the Company in a position, for the first time in many years, to command its full
The appended
and just proportion
tuted representatives, of all outside agencies for the securing of trafBe
at compotitive points. It any officer or representative of any company
shall a\ithori2e or promise, directly or indirectly, any variation from
established tariffs, he shall be discharged from the service witb the
reason stated.
Fourth—ThAt the rates established and the policy adopted by tbe'Advlsory Board, at any time, shall continue in force and be binding upon
all companies comprising the Association until altered by subsequent
action of the Board.
Fifth— That a vote of at least four-fifths of the members of the A»goctation shall be required to malie its action biudiug upon all.
Sixth That the Advisory Board shall appoint proper arbitrators,
commissioners and other representatives, and adopt by-laws to carr7
out the purposes of the Association.
Sfren^A— That no company shall withdraw from the Association except after ninety days' written notice by resolution of the Board of
Directors to every other member of the Association, with the proviso,
however, that the Association shall continue for at least six months
from Janujiry 1st, 1891.
A'ij;/i(A— That under existing conditions it is expedient for this company to set in operation the policy and plan indicated in the foregoing
as early as pr icticable.
JTijKA— The Board of Directors of any Company, member of this A»-
—
may fill any vacancy which may be caused by disability,
absence or resignation of either of its members, such action to be
properly certified to the Advisory Board under seal of the Company.
Tenth— That the President and Mr.
one of the Directors of this Company be, and are hereby appointed to be the representatives of this Company in such Advisory Board, with full power to
act for this Company in carrying the foregoing preamble and resolu-
sociation,
,
tion into full elfect; and
Whereas, .Said resolutions have been formally ratified by the respective Boards of Directors of the Compan'es named, now, in order to carry
out the design and fundamental principles of the foregoing, the following by-laws are hereby agreed to by the members of said Advisory
Board, the Wabash Company being represented for that portion of its
line from flliicago to East St. Louis and west of said line, and the
Southern PacMtlc Company represented only for that portion of its
lines west of the Mississippi Blrer.
BY-LAWS.
ARTICLE
I.
The name of the Association shall be the Western Traffic Association,
and the ofilce of the Chairman of its Commlsslouers shall be to the oi^
of Chicago.
ARTICLE
II
Except as hereinafter
specifically provided, the business t:) be covthe State and Inter State traffic, both freight and passenger,
competitive br^tween anv two or more of the members
of tills Association, having origin or destination in Illinois. Minnesota,
Wisconsin and Peninsula of Michigan, or any State or Territory west of
the Missl8sipj)i River, except l)usine88 p.issing between points north of
the Ohio River and points south thereof, both of which are east of the
Mississippi River. The business to or from the Republic of Mexico via
Rio Grande crossings shall lie included.
Provided tliat business to and from Trans-Paciflo porta is excluded;
the Association having control of the routing of the same east ol the
Missouri River.
ered shall be
nil
which Is
ARTICLE IIL
The Advisory Board shall meet quarterly on the second Tuesday ot
January, April, July and October each year, the January and July
meetings shall be held in the city of New York and the April and October meetings in the city ot Chicago.
Special meetings of the Board shall be called by the President whenever in his iudgment iiecessarr. or upon the request in writing of any
three members of said Board, giving at least ten days' notice ot the
time and place of such meeting.
The records of the meetings of the Advisory Board shall be kept by
its Secretary and the nroceedtngs shall l>e promulgated by him tor the
information of members.
of the anthracite tonnage.
In conclusion, a general policy of quickening the immense
earning possibilities of your properties, a judicious expenditure of money for needed facilities, the fostering of local industries and progressiveness in all legitimate channels, will, it
is confidently believed, within a reasonable period restore your
ART ICLE IV.
properties to a dividend basis.
The following officers shall be elected by ballot at the January meetThe Board of Managers instruct me to extend their thanks
inK in each year by four-fifths ot the members:
to the heads of the several departments and their subordinates
for their faithful and efficient service, and for their zealous
loyal co-operation in furthering, by every means in their
power, the interests of
e Company.
By order of the Board] Managers.
and
President.
Finance Committee,
Four or more Commissioners, one of whom
shall be
named
as Chair-
'
A. A.
McLEOD, President.
The President
shall be
of the Advisory Board.
ARTICLE V,
a memtwr of and shall preside at all meetings
THE (JHRONIOLR
12H
ARTICLE
VI.
The Ftosmce Committee shall consist of five members of the Board.
It shall elect from Ita number a Chairman, who shall preside at its
meetings, and In case of the absence of the President of the Adrlsory
Board shall act as President pro tern. It shall control all disbursements, authorize the employment of necessarj clerks and other assist•nts re4ulred t>; the Commissioners.
ARTICLE
VII.
8ECTIOM 1. The Commissioners shall adopt such measures as will
tend to secure uniform, stable and reasonable rates, prevent uivjust
dlscrlmlnaiion, and enable each line to carry its fair share of the competitive traflic.
Bkctio.n 2. On the application In writlui? to the Commissioners by
»ny interested company for its share of the competitive trafflo. either
lret<;ht or passenger or both, of any one or more spectfled points, or of
any designated territory, the Commissioners shall make »u equitable
division thereof between the interested lines, upon such basis and In
such lawful manner as they deem advisable, subject to revision by the
Commissioners after lull investigation.
Section 3. The Conimlssiouers shall have power, and it is hereby
to e-tabllsh a Bureau for the collection and jiroservatlonofsuch information and statistics as ran y be necessary to enable
them to execute the powers conferred and to perform the duties imposed upon them. To that end thoy shall be furnished with copies of all
way bills and reports of traffic when called for, and shall have authority themselvos.or by designated subordinates, to e-xamineand check all
hooks, accounts and vouchers in relation to tratBc, subject to this
agreement.
SECTION 4. All violations of the agreement or failure to comply with
the orders of the Advisory Board, or of the Commissioners, by any
member of the Assnclatlon or any ofBcer or representative of such
member, shall be reported to the Advisory Board for such action as it
made their duty,
may deem
espedient.
8ECTIO-. 5. The Commissioners shall have power to estnblishand
promulgate, from time to time, rules and regulations for the orderly
conduct of the proceedings before them and change, add to and repeal
the same.
Sectioh 6. Applications to the Commissioners for relief shall be
promptly investigated and determined, reasonable opportunity to be
Aeara being given to all parties interested. In cases of extreme
urgency the matter may be determined without a previous hearing,
aU members interested being first notiflcd of the proposed action.
Section 7. In order to meet competition of lines outstdeof the Association the Coniniissioners shall,
on the application of any member,
make such immediate temporary change
in the rates, divisions, rules
of the interested lines, as the
or regulations affecting any one or more
Commissioners may deem necessary and expedient, first notifying all
Interested parties, and they shall at once convene the Bate Committee
of the Interested lines for farther consideration of and action in the
matter.
SicTFOM 8. The Commissioners shall apportion the expenses of the
Asaociatiou among the members, render monthly statements thereof
and make drafts therefor.
Section 9. The action of the Commissioners
be by unanimous
vote (except as hereinafter provided in Article VIII) in all matters
pertaining to the apportionment of traffic or the cst.iblishment of—or a
change In— rates, divisions, rules or regulations. In other respects a
majority vote may control.
SECTION 10. The Commissioners shall have authority to construe
these by-laws and all resolutions which maybe adopted; their decision
eha.l be binding until reversed by the Advisory Board.
ARTICLE
shall
members
of this Association, shall constitute, respectively, the freightrate and passenger-rate committees for the territories or districts
within which their respective lines are interested, but all action of the
rate committees shall be reviewed and approved in writing by the
General Manager, or highest traffic officers, of the interested
members before becoming operative. The cst.iblishment of, or changes in
rates or
oivislons, or the rules and regulations governing the same
bv the
unanimous vote of said rate committees, when approved by a matoritv
of the Commissioners, shall be effective when so ordered by
' said rate
committees.
If dllTerenoes arise,
the qnestlon at Issue ehaU be referred to the
Commissioners for determination provided, however, the members
of
the Advisory Board for any interested company, may, after
giving the
Coramissioners an opoortunity to be heard, have power to iSve
nlnetv
days notice of such change in the rates, divisions, rules or
regulations
;
•^""^'^ '''"'»•'«
texrm'.sreS'ir.''''''
ARTICLE X.
nrovlded further, that as regains traffl^cJntrLts
»t th?"!?'?-
X:Ae'rtlt''a?ar;e?ir,c''sr,e^L'i"S^
flons with competing lines
tocfuded
may "f thought a<?lTihl.'
made on equal"y7avor;b"e ferms *
h
*"'*'<'»« Olvi""'"' '""P**"
^
/^In shall bem^iZ'i^''L':^o'Z.f::^ot^!i^^S.'^'''''''
ARTICLE
XI.
Called Bonds.
—The
follovying
bonds hava been called for
payment
Union Pacific Railroad Collateral Trust.— Six per
cent bonds of 1879, due July 1, 1903, to be paid at 105 and
accrued interest on presentation at the Union Trust Company
of New York, interest ceasing February 12, 1891, fifty bonds
of $1,000 each, viz.:
Nob.
1,479,
2,412,
3,383,
4,401,
108."132, 216,
1,499, 1,511,
2,501, 2,516,
3,501, 3,591,
4,578, 4,858,
—
617, 653, 715,
1,673, 1,883,
2,564, 2,712,
3,661, 3,669,
4,879, 4,901,
811. 841, 963, 1.231, 1,251. 1 367.
1,946, 2,051, 2,111,2,162,2 309.
2.772, 2,903, 3,040,3,214,3.235!
3,831, 4,021,4,047,4,067.4 296.
'
'
'
4,963, 5,075, 5,251.
'
Mobile, Ala. City bonds, to be paid with one month's
interest by the Mobile Savings Bank on February 1, 1891, viz.:
Nos. 3,466, 3,641, 4,899.
Stocks Authorized or Offered.— The follownow offered for sale, or
of new issues of securities
soon to be offered
ing
is
a
list
:
STATES, cities, COUNTIES.
BOSTON, Mass.— $500,000 4 per cent public
Proposals will be received till 12 m. Jan.
COLUMBCB, Ohio.— *49,700 5 and 6 per cent
poses, due 1901 to 1915. Bids wUl be
<kC.
park construction bond*
17.
bonds, for municipal purreceived by H. E. Bryan,
OOBBEN. N. Y.--$4,Oo6 bonds are to be issued.
Helena, Mont.— 5;i5'i,000 funding bonds are proposed
Huntington. Mont.— $:i00.000 street paving bonds are proposed
LocisviLLE Kt.-$600.000 park 4 per cent bonds, due July 1, 1930.
Bids wUI be received till Feb 16, by E. C. Bohne, LoulsvlUe. Ky.
Full particulars arc given In our advertising columns.
Minneapolis. Minn.-$60,000 county 4 percent bonds are to be lB«aed.
WiLLMAK, Minn.— $20,000 water bonds are to be issued.
T«coMA. Wa8hington.-$700,000 bonds for municipal purposes are In
,i=" »«>
Tlsory Board, which shall at
iKrstTn.HSrti^ereXr p^,hl"r l"" t""
^"•""'^ regular
or si,pclal. make Unal disposition of the
si me- lint /^i,' appeals
not stay the excciiiion of the action or ,T/.t?.?mn.ffi^^
shall
Should the Advisory Board rever8?or n ,1 f J m,.'!'*^? "PI'"-;!'"! from.
lion of the CNiniiulssiXr" sSir?esHtution
1*'^^'""'shall hi ?,™^^
order of modification or reversal
TZ'''lafCy\''ZTX
olSo'nW^nYadT^^gLft'SS'^^,^';?,^
apjeal.^
»
v
RAILROAD AND MISCELLANEOUS COMPANIES.
Amehican Bell TELEPHONE.-$2,.^00,000 new stock is to be Issued.
Fort Worth 8 criRirr & ConstrcctionCo. -$200,000 7 per centpref.
stock Is offered by Merchants' National Bank, Fort
New York Nkw Haven A Hartfobd RR. -$4,675,000Worth. Texaa to
new stock Is
be Issued Oct.
1.
THDRBtR, Whtlanu Co.-$1,000,000
pref. stock Is offered at par,
privilege of subscribing for common stock.
given In our advertising columns.
FuU
with
partlouiati are
"«"!<»« nro
& Navigation
ra\tortirs«l8,"o^r^^'
«
^^
Co.-«251,000 additional
"«=* «""' bonds,
mSfboJl^'^o'f^ferkVtrir. a^o^t"^
co^nrrtl'lde^il^SS^!^'^""''
DBirvBB
&.
*
^'''"'^^
RA.LBOAn.-*7,639,2oS
maklig^i
^'^r^i
Rio Grande Railroai>.-$1,406,000 additional
first
con-
making {he total amoJ.m listed
$28,435,^.^ ^'
Edison Elkctbic Illuminating Co. of New York.-si.900
000 ad^oS^NH R^ivJl'p^e"; T^'°« the total amount listed $4:467 SOa
^""'*''°^'= Co.-$778,000 first Sio'rtgage 6 per
cent.gold bonds,
cenfgSld bonds"
Milwaukee Lake Shore & Western Railway
—*4^'i ono
Ad<n.
and Improvement mortgiige 5 percent goldslnM^
«"iKmg
fund bonds, making the total amount listed »3 I4f OOO
PITTSBURO McKeESPORT & YoUGHI. GHPn'v RAiinoir, itR-in nnn
tlonal extension,
additional capital stock,
or^n^'?rtionoVtLTo"?nXCerlmaVa'\ZaT"^^^^^^
for a hearing with a like right of
required to so construe the same.
New York, Jan. 12. 1891.
:
^eS&'fr", t'Sra'?'rri^^''i'o4»nTh"ra Z^^eB^i
be
XIII.
;
C<EUK P'Alene Railway
i.
lines,
ARTICLE
Nothing herein contained shall be construed as depriving any railroad
company, party hereto, of any of Its charter rights, or as relieving It
from any of its charter obligations and It is expressly understood that
these by-laws govern such traffic only as may be lawfully embraced
therein, and the Commissioners. Finance Committee, and all officers
and agents charged with any authority or dutr under them, are hereby
New York Stock Exchangre.—New Securities Listed.—The
Committee
^o^-' cotiSfste: Governingfollowing of the New York Stock Exchange havt
added the
securities to the lists
SBcnoa 1. The division of through rates on the «pb»i,< .„v,i
k«rrto.exoepUDg Trans-Continental issociatloS
trafflc!",^ether^re:^
members of the Association or betweenllnes in
tlie Isa^
SL«^".°„^
tog
XII.
and divisions of same affecting traffic covered by this agreement, duly established and in effect on the 31st day of .Tanuary, 1891,
under existing associations, and the rules and regulations governing
same as i>rovided oy said associations, except as modified by these bylaws, shsll continue in force until changed as herein provided.
rates
contemplation.
;
:
ARTICLE
The
IX.
,%iSfi^.S'J''»*-.'"'***''""'"y*«>^®^*'''*'»e"ne« parties hereto shall be
divided into four or more sections or divisions, observing
as nearlv a«
practicable the natural divisions of the terrltorV
aVVepresented bv el
fcUtog associations, and each division may be put under
the"mm^l«te
•npervision and direction of one of the Commissioners
chosen
SECTION 2. It IS understood that concerning traffis the cotin.<.mi„„
''"'ted*'' two or moremem^Vhe™eof7thriXristed
™I„K*"'"' '• by agreement, g.vern and
members may,
control it without the inter
Tentlon of any of the agencies of this Association
provided however
that upon application of any member hereof the
Commissi.merr mav
decide who are the^interested parties, subject to the
right of IroeS^ta
the Advisory Board: further provided, that all
agreeminto ani rat^
tlon
SiCTiON 3. The Commissioners, In their discretion, may allow a stay
of execution of the order, pending an appeal to the A<lvlsory Board.
Section 4. If an appeal should not be determineil by the Advisory
Board within sixty days from its completion, in cases where the action
or determinalion appealed from involves a change of rate, division,
rule or regulation or the apportionment of traffic, the order or decision
BO appealed from shall then be suspended and the conditions previously
existing, so far as changed thereby, restored until the determination
of such appeal.
Section 5. An appeal taken more than sixty days after notice of the
order or decision appealed from may be dismissed by the Advisory
Board upon its own motion, or on motion of any Interested memlier of
the Association.
Section 6. An appeal shall be complete when a notice subscribed to
by either the President, Vice-President, the General Manager or Traffic
Manager, of the appealing party, and describing with reasonable certainty the action, determination or order appealed from shall be filed
with the Commissioners.
Section 7. Upon the filing of the notice of appeal to the Commissioners, the latter shall furnish to each member of the Association a copy
thereof, to the end that such member may have an opportunity to be
heard upon the trial of such appeal.
New Bonds and
VIII.
The Traffic Manager, General Freight Agent, General Passenger
Agent, or other duly authorized officer, of the res.ieotlve companies
ARTICLE
[Vol. LH.
"® ''®"<^
™"'
del',^
»I>P'y
making the total amo,Lt^fsted$rooo 000
Rio Grande Wkstebn RAiLWAT.-$l.600,000adStioS
first iiort""'"tag the total amoumUste(l$13.749;
goS'sTso^^i^Rl l]on?dliiS"''?'preferred
"'''''*"'"'"
stock, making the total amount
listed $5,lw,000
Wkbt Vikginia Central * Pittsbi;bq Railway —$",50 ooo addi-
^Z^^Zi^Sf^A^^^^ '"'"' »''^*^ ^«" gold-iron^^m^ak'Sll^^efoSl
o.'S'/f^*!^i'"i,'L£f''"""'V.°"-T?^"^'""« additional first
tl^if^m
?i,'i .
SlJincs
mortgage 5 per
the total M.snuut.
.
lls.e.l
4lTr\^Z^^^^^^ on Stock List was
•l'i<',<;""j™'ttee
empowered to add to
' ^'' '"^^ """"« .U. t^ ^"lo^loSolnd
^t^Sl^^Z!"'^"
Jahujlby n,
THE CHKONICLE.
1891.]
COTTON.
ghc ^ommtvcml ^imjes«
COMMERCIAL EPITOME,
Friday. P. M.. January 16, 1891.
as Indicated by our telegrams
from the South to-night, is given below. For the week ending
receipts have reached 174,855 bales,
tills evening the total
against 217,177 teles last week and 246,989 bales the previous
week, making the total receipts since the Ist of Sept., 1890,
The Movsmknt of the Crop,
Friday Nianx, Jan. 16, 1891.
which passtnl
the Uniteti States Senate on Wednesday, follovi^ed by a sharp
rise in sterhng exchanRe, has had a somewhat disturbing effect.
The accumuhitiou of snow in our streets has disapiHjared, but
there is still some ice in our liarbor. We are having pleasant
free coinage of silver
The bill providing for the
winter weatlier; not so cold as of late, yet not unseasonably
mild. Trade is making fair progress, but cannot be called
active. The export trade id American staples has increased
4,887,618 bales, against 4,656,268 bales for the same period of
1889-90, showing an increase since Sept. 1 1890, of 23 1 845 bales.
,
RtctiptM
at—
Sal.
Miin^h delivery
April delivery
May delivery!
6-23
6-29
6-10
6-51
6-59
o.
o.
,..0.
Wed.
6-16
6-20
Tuet.
ifon
6-15
617
619
6-30
6-20
6-33
611
643
Thur.
IH.
616
613
6-20
6-32
6-10
6-20
632
6-43
6-41
,
Fri.
Tliur$.
Total.
,2930
1,887
4,167
16,762
1,887
98,267
6,500
2,328
2,175
3,291
8,340 17,225
887
1,845
4,848
8',225
1,846
237
398
3,489
3,007
8,905
1,676
8,919'
1,197
2,058
1,846
2,455
i',736
3,917
4,191
1,869
588
851
409
403
768
2,076
2,881
Qalveaton
BIPkm, Ao...
K«w Orleans... 15,462
Uobile
3,137
292
394
394
19,913
4,191
11,161
50
5,091
206
5,205
2,512
2,435
2,418
2,190
1,430
3,670
3,376'
635
1,694
1,211
878
740
981
817
829
525
907
992
335
209
57
116
130
206
4,987
2,007
6,343
1,530
821
22,258
10,696
6,348
6,815
4,754
786
215
Totals this week 33,578 25,872 32,281 17.661
215
61
1,359
25,515 37.918 174,858
For comparison we give the following table showing the
week's total receipts, the total since September 1, 1890. and
the stock to-night, compared with last year.
610
6-52
0-48
6-51
6-50
617
o.
Pork has been fairly active at full prices quoted at $10 25®
Receipts to
11 for old mess, $12@ 12 50 for new mess, $10^ 10 50 for extra
Jan. 16.
prime and $t2>ai3 50 for clear. Beef has been quiet, and
packet $8@8 50; Salveeton
nearly nominal; extra mess $7(t7 50
El Paso,&c.
family $9(310 per bbl.; extra India mess, $13® 14 50 per tierce.
New Orleans.
Beet hams quiet at $12@ 12 50 per bbl. Cutmeats have sold MobUe
more freely at rather better prices, but close quiet. City cuts Florida
c.
Wed.
1
nowhere FiorMa
favored by low rates of freight.
Bavaunab
serious. A recent strike at mines in Alabama has ended in the
Brunsw'k, &e.
of operatives in Penn- Charleston
men returning to tlieir work. Wages
Ptfrt RoyaI,4o
sylvania in some cases have been reduced.
Wilmington
Lard on the spot has been moderately active, but under free
Waflb'gton,<&c
offerings prices have given way, closing steady at 5-65@5-70c
Norfolk
6-15@6-17i-^c. for prime Western, with rel
for prime city and
West Point...
ITwp'tN's.Ao.
fined for the Continent quoted at 6-10(3 6-60c. The speculation
in lard for future delivery was dull until to-day, when, at Hew York
some decline, in sympathy with the lower corn market, there Baltimore
was a good business done and the close was steady.
PhUadeliih'a,i&o
OAJLT CLOSniQ PKIOBS or LA.BD FUTUKES.
Tua.
Mon.
Sat.
Labor troubles are
Jannarr delivery.
February delivery
127
Stock.
1839-90.
1890-91.
;
Thin
Weel<.
16,762 801,929
11,273
1,887
58,267 1,119,618
5,500 219,807
391
33,062
19,913 8-27,291
4,191
116.313
11,161
319,043
. .
;
quoted as follows pickled bellies 4^^ 5J^c. pickled shoulSmoked shoulders 53^®
ders, 4@4}^c., and hams 7i^@7%'c.
Tallow is quiet at 4%c. Stearine is
5}^c., and hams 9@93^c.
quoted at 6J^®6^c., and oleomargerine 55^c. Butter dull at
22@80c. for creamery. Cheese is steadier at 8i^@10J^c. for
State factory, full cream.
Coffee on the spot is steadier at 17J^c. for Rio No. 7, and
there was a good business to-day, including Santos No. 4
nearly due, at 18J^c., Padang from December sale at 23c., and
Mocha, to arrive, at 24c. Rio options have latterly shown an
upward tendency, due to a demand to cover contracts, arising
from reporfs of firmer European markets and the better local
trade, closing steady with sellers as follows
:
k
;
:
January
February
16-750,
16-30«.
March
1605o.
I
April
May
I
June
IS-fOc.
lo-55o.
15-35c.
— showing an advance for the week of
July
I
September
Deceoiber
I
35® 45
15-20o.
ll-55o.
13-60c.
Raw
sugars have also advanced and close at 4p-^c. for fair
Muscovado and 5}^@5 9-16c. for centrifugal of 96
deg. test; but at the close the market is rather quiet. Refined
sugars in demand at full prices; crushed 6i^c. and granulated
Rice in steady
on AVednesday went
sale
demand and
off at firm
firmly held.
The
tea
to better prices, the offer-
ing being a small one.
Kentucky tobacco shows more activity and sales for the
week are 250 hhds., principally for export at fuU prices. Seed
leaf has continued in demand, and sales for the week are
1,500 cases, as follows
250 cases 1888-89 crops. New England
Havana, 16c. to 4.5c.; 250 cases 1888-89 crops, Dutch, 13c. to
16c. 400 cases 1889 crop, Wiscon.sin Havana, 9c. to 12c.
150
cases 1889 crop, Zimmer's Spanish, 13c. to 16c.; 100 cases 1889
crop, Pennsylvania Havana, 13J^c. to 30c. 200 cases 1889 crop,
Pennsylvania seed leaf, 9c. to 13c., and 150 cases 1889 crop,
StateHavana, 13c. to20c.; and also 600 bales Havana filler,
73c. to §1 15, and 50 bales Sumatra, $1 85 to $2 75.
On the Metal Exchange Straits tin was firmer to-day, although cable advices were easier, with sales of 75 tons at
20-20c. for January and 30-35c. for March.
Ingot copper
is nominal at 14-60c. for Lake.
Domestic lead has made a dejcided advance, but the close is dull and weak at 4-57^2C.
Spelter dull and heavy. The interior iron markets are said
I
|to show some irregularity. The output of pig iron has been
curtailed, and the article is very firmly held, but finished iron
work is e*ier.
Refined petroleum is quoted at 7-40c. in bbls. and 9-45c. in
leases; naphtha 7-20c.; crude in bbls. 7-05c. and in bulk 4-85c.
Crude certificates lost part of the late advance and close at
1
72>^c. per bbl. Rosins are steadier at $1 37}^^(3 $1 421-^ for
strained. Spirits turpentine also steadier at 393^® 40c., accorduigtolhebbl. Wool is firm and in good demand, but hops
[have shown some depression.
:
;
..
Bruns.,ito.
Charleston ..
P.Koy.il,Ac
50
.
22,253
10,696
6,318
5,815
1,751
West Point.
NwptN.,&c
(few York. ..
Boston
..
215
ic
1,.359
Baltimore.
)
Since Sep.
1,
1889.
1891
1890
722,811
9,913
60,597; 1,511,037
6,297 203,660
392
19,997
22,191 802,137
133,833
6,283
1,793 286,976
1,728
2,710 118,031
231
3,281
9,163 328,637
10,061 261,388
38,531
1,789
61,078
5,377
1,561
41,313
41,624
1,959
3,161
37,953
121,310
66,«36
324,794
51,275
296,878
29,375
97,029
10,108
59,621
61,186
12,918
30,935
21,003
12,192
73,191
27,928
19,293
118,376
23,000
10,716
5,830
39,351
3,001
138,136
10,147
5,712
15,090
966,808
17,660
1,611
171,955 4,887,613 158,868 4,656,208
Totals
714,887
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts
at—
1891.
1889.
1890.
;
18,639
(few Orleans
59,267
• 5,500
Mobile
Savannah. ..
19,913
Charl'9t'n,&o
11,211
WUm'gt'n.&c
5,300
Norfolk
22,253
W't Point, &o
17,014
AI' others....
16,728
Galv'ston.iSco
1888.
we
1886
1887.
Tot. this week
171,855
19,274
60,597
6,297
22,191
4,793
2,974
9,163
11,850
21,726
15,357
51,306
9,187
16,306
9,082
3,065
12,269
17,129
12,187
3,512
38,685
5,692
9,315
6,199
2,008
8,279
10,527
19,156
18,816
62,662
8,987
17,160
7,131
1,675
13,155
7,105
16,193
12,274
40,993
8,373
13,S74
6,118
2,176
8,370
2,933
15,099
158,868
149,178
105,403
155,831
110,310
Since Sept. 1. 4887,613 4656,268 1111,192 1396,002 1213,61) 3978,412
The exports for the week ending this evening reach a total
of 99,708 bales, of which 76,791 were to Great Britain, 12,051
to France and 10,866 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1890.
;
1
165,443
3,080
155,085
246,193
50,488
43,571
54,883
36.039
27,866
206
Norfolk
PhU-del'a,
596
5,094
Wilmington
WaBh'tn,&c
This
Week.
points.
refining
5 15-16c.
Savannah.
Since Sep.
1, 1890.
From
Week Ending Jan.
Great
frinttr-
0»lve»ton
New
Sept.
Exported to—
theforU
j
Brlt'n. *Von«e
Contt-
Total
nmt.
Week.
1, 1890, to Jan.
Exported to-
Great
Brttain. France]
6.313|
1,800
8,113
S52,57S[ «»,BS3
Orleans..! 33.175|
700
14,276
181.099 270.558
Mob.APenc'la
Savannab
Brunswick
'
67,»50|
5.800
6,IK)0|
j
i
Charleston..,.' ^.
Wilmington.
7,000
Norfolk
[
West
4,I80|
8,487
1.180
Point...
I.MS
30,1)671
850'
1,7301
1,883
2.75*
'
Baltimore
Phllailelp'a,4o'
ToUl
Total. 1889-60.
14,168
16,330
146,847'
71,228
103.638
84,966
1,847,
62,1101
11,S1«'
81,181
17.8d3
101,760
2,189
86,424
1,665
19,661
17,B19|
l,«5l
7«,18«
12,051
67.867'
6,097
10,886
226.81S
88,477
88,184
10,043
IbMl
83,596 461,102
344,043 1,095,700
5;,860
805,819 428,002
83,8ft2
1,187
I
N'portNws, Ac
aosj
New York
11.1M0
Boston
1,380
»1,<S1; «8,6e9
80,»8-i
,
Oonttnent.
16, 1891
'
06,441
346,320
127,085
808,268
106,647
17,018
346,161
80,860
81,149
12.698
99,103 1,856,837 880,710 1,137,564 S.87J.81S
46.844 120.1081.8i)5.648 3»2.49« 1.078.398 3.867.542
THE CHRONICLK
128
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
"We add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrs.
Lambert, 24 Beaver Street.
Carey, Yale
[Vol. LII.
The Sales and Prices of Futures
are
shown by the
following comprehensive table:
&
On
Shipboard, rwt cleared—for
Leaving
Jan. 16 at—
Britain.
New Orleans...
19,536
53,8U 20,649 281,435
685,373
19,995
6,484
49,582
49,131
176,253
146,896
538,629
770,491
Total 1891... 187,439
86,367
63,483
.. ..
Qalveston
Norfolk
New York
Other ports
Total 1890...
Total 1889...
wite.
269,234
39,275
38,821
84,728
64,265
17,994
108,127
62,880
17,036
Savannah
Stock.
Total.
55,560
12,000
20,800
12,300
60,075
55.500
10.200
55,000
24,429
12,000
13,500
3,900
47,710
48,000
2,900
85,000
Mobile
Charleston
Coast-
Other
France. Foreign
Great
None.
None.
1,200
None.
None.
1,300
None.
1,367
12,728
None.
6,000
4,200
None.
1,300
3.000
11,982
3,000
383
4,500
6,000
20,000
None.
None.
20,344
28,828
The speculation in cotton for future delivery at this market
has been fairly active for the week under review, but the tone
was feverishly unsettled, and prices fluctuated widely in the
course of a single day, yet making no important changes from
one day to another. The chief elements of strength were
found in the movement of the crop, which fell below estimates, not only at the ports but at the principal interior
towns. Stronger Southern markets, higher prices for spot cotton and the large current consumption, were also supporting
influences. The belief that the comparatively small crop movement is due to special causes.and that the crop is a large one, has
been the chief obstacle to an upward tendency of values. A
maximum crop estimate from a leading firm appeared on
Wednesday, turning a buoyant market into a very weak
one, and on Thursday there was
a further decline,
in sympathy with depression in Liverpool, aided somewhat
by the free discussion of crop estimates. To-day an irregular
and somewhat uncertain opening was followed by some depression, especially in the distant months, owing to an increased inclination to accept maximum crop estimates, notwithstanding the comparatively small movement for the
week. Cotton on the spot continues in comparatively small
stock. The demand has been fair. Quotations were on "Wednesday advanced J^c. On Thursday quotations were extensively revised. Good middling advanced %€., strict good
middling advanced J^c, middling fair advanced J^c, fair advanced 3>^c., strict low middling advanced l-16c.; other grades
of uplands and stained unchanged. Gulf cotton advanced i^^c.
to 7-16c. over uplands. To-day the market was dull and weak
at 93^c. for middling uplands.
The
forward delivery for the week are 479,200
For immediate delivery the total sales foot up this week
total sales for
bales.
—
—
—
1,443 bales, including 179 for export, 1,364 for consumption,
for speculation, and
in transit. Of the above
bales
were to arrive. The following are the official quotations for
•ach day of the past week January 10 to January 16.
—
UPLANDS.
Strict
Good
6%
811 18
9%
Bliddllug
"
She
0'16
9V
939
9%
8'.6
4!
81*16
918
9»6
ioiB
89^
8i5„
91a
9'8
9%
10
10%
lOia
lOia
11
11
10»8
llie
ITIoi]
Taea
Wed
71ifl
71 16
71a
83b
71a
838
10
1038
Ills
73,6
7*8
81a
8'8
914
9'ie
„...
8»8
,
Good Ordinary.
8%
9%
Low Middlim
Ing
Middling
S'l8
8%
8%
gifl
918
9'j6
9liu
911.
16
93i6
91a
1038
Ills
1158
10
Sat.
8I6,„
^>
91a
89,6
8;B,e
IOI3
11
Middling
Good Middling
Good WUddllng
Middling Fair
Tb. Frl
6^8
7*16
10
ifih.
Th. Pri
7»i«
7\
8=8
III"
858
9
9
938
9'a
9\
913„
9%
916,,
10l,« 10l|a 10f,6 lu'iL
iu-16
107,8
100,6
101o,8
}S?J« il**'!"
10lS„il0l3,6 10lJ,Jl015,6 10"l6
llClllS,^"
ini. ill",;'' ii»i« Im,., i2i,« I121 °
lO'ie
105,,
Strict
Fair..
STAINED.
Good Ordinary
Salot Good Ordinary..
LowMlddling
6%
10
GULF.
Strict Low
Lo'
8l"
8 3„
9>9
938
Fair....!
Strict
6%
m'"
87*°
lb.
Middling Fair
Or*lnary
Strict Ordinary
Good Ordinary
Mon Taea Wed
Sat.
«
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Strict Low Middling
Middling
Good Mtddlinp
Sat.
anb
Xton Tnea
8
e>a
71a
8
813,,
MIddUng. ..:....
Wed
6"^
813^16
61a
718
61a
718
8
714
8l8
816,8
Tb. Fri.
6"^
6=8
714
8i«
714
8i8
8IB,, 816,,
8"i6
MARKET AND SALES.
of cotton on the spot and
cJt }2 \^^^ the week are indicated for future delivery
each day during
in the following
statement. For the convenience of the
reader we also add
^
^^""^ ^"^ ^^^ '^^^"^ closed
** "
M
Si^e'X-s'^
SrOT XABEBT
CLOIBD,
SALBl OF SPOT AKD TRAHSrr.
Sx-
Con1
port.
Saturday Qnlet
158!
Monday. Quiet nnd Ann.
203
.
Tuesday..
yttiftdy
Wed'day Quiet at 1,. adv.
Thursday y t ai rov. quo.
Friday...
Total...
179
—
'JH
179
Spee- Tran-
tump. juJ'Cn
oaq'
114
381
206
1,264
tit.
Total.
Salet of
Fuluret.
The following exchanges have been made during the week
'}o^-i^I'-?.''^Ai°r.V'^^- '"r ^?? .,
.i?^^'*f,>^^''?i-.*?S,^1°-';?i'°''.?<'''17 pd. to cxcb. 400 April for May.
158
203
;;;:
382
114
3S1
305
9.S,900
85,00(»
1,443
479,200
49.400
82.600
78,800
88.600
I
'
"07 Pd. to
"08 pd- to
19 pd. to
13 pd. to
'12 pd. to
-16 pd. to
excb. 400 Jan. tor Feb.
cxcb. 200 Jan. for Feb.
excb. '200 May for July.
'.'" ¥"''
e.xch. 100 McL for Apr
f.'^V^P""exch. 100 Feb. for Mch.
?nn Feb. for June.
100 S-'",''-/"'^
excb. 200 Jan. for Mch.
The Visible Scjpply of Cotton to-night, as made up by cable
and telegraph, is as foUows. The Continental stocks, as well as
those for Great Britain and the afloat are this week's
returns,
and consequently all the European figures are brought down
to ihursday evening.
But to make the totals the complete
figures for to-night (Jan. 16), we add the item of
exports from
tne Umted States, including in it the exports of Fridav only.
Yi
Srt-
J^ SvS?" ^!^n
.47 Sd" t^ »?n^
47 pd. to excb.
....
....
'.:'.:
*
September, 1890, for September. 228.300; Septem
^""J"^^' '.""'S,'?
*"' ?''t«J'<^""- 349,300; September-Novemhcr, for November,
SlQ?fi^°''a'''
382,70r; September-December, for December, 947,300.
'
|
Januabt
THE CHRONICLK
17, 1891.]
18RA
707.000
2U,000
1991
988,000
20,000
1800.
18Q0.
975,000
U,000
714,000
5,000
908,000
8,300
177,000
10.000
989,600
2.200
139,000
7,000
719.000
2.400
12.100
19,000
736,000
500
800
7,000
1S4,000
3,000
67,000
6,000
7,000
7.000
140,000
3,000
80,000
5,000
10,000
300
400
300
900
111,000
3,000
180,000
2.000
43,000
3,000
6,000
balet
Stock at Liverpool
Stock at Loudon
Total (iront Britain stook.
Stock at Hamburg
Btook at Krvmvn
Stock at Auistdnlam
Stock at Hntterilam
Stuck at Antwerp
Stock at Hiivro
Stock at Marseilles
Stock at Itarcclona
Slock at (iciiua
Stock at Trieste
464,800
Total Continental stocks
402,500
174,200
Total European stocks.. .. 1,422,800 1,391,500
Indlncottonulloat forliurope.
5»,000
95,000
Amcr. cott'iuilloat
530,000
63,000
966,808
410,820
16,523
for lOurope.
Egnit,Bni/.ll,Ac.,ulltforE'r'pe
Stock lu United Sliitcs porta ..
Stock 111 U. H. interior towns..
United States exports to-day.
10 .000
3,000
4,000
5,400
20,700
26,000
206,300
893,200 1,032.300
80,000
.'>3,000
490,000 531,000
50,000
30,000
017,387 «7.l,.t:M
381,072 38S,1U0
16,226
27,772
557,000
37,000
714,887
331,974
34,910
Total visible supply
3,476,957 3,162,271 2,827,885 3,0-18,596
Of the above, thetotulsot American and other descriptions are as follows:
Ai»ertcan
Liverpool Btook
bales
651,000 704,000 583,000 522,000
Coutlncntrtl stocks
361,000 318,000 137,000 160,000
American afloat tor Europe... 530,000 557,000 490,000 5.'J 1,000
United States stock
966.808 714,887 917,387 974.331
United States luterlorstocks.. 419,826 331,974 381,072 388,100
United States exports to-day.
16,523
34,910
16,226
27,772
—
Total American
2,945,157 2,720,771 2,524,685 2,606,296
Katt Indian, Brasit, ile.—
Liverpool stock
287,000
20,000
103,800
68,000
63,000
London stock
Continental stocks
India atloat for Europe
Egypt, Brazil, iSic., afloat
Total East India, &c
131,000
5,000
37,200
80,000
50,000
185,000
29,000
130.300
53,000
39,000
531,800 441,500 303,200 442,300
2,945,157 2,720,771 2,524,685 2,606,296
American
Total
211,000
14,000
84,500
95,000
37,000
Total visible supply
3,476,957 3,162,271 2,827,835 3,048,596
Price Mid. Upl., Liverpool
5i»,,d.
55|Rd.
5»iiid.
55ad
Price Mid. Upl., New York....
9>ic.
OiBuO.
10»,«c.
10 v!
week have been
QOOTATIONS FOB MlODLINQ CtoTTON AT OTHER MARKETS,—
In the table below we give the dosing quotatiotui of middling
cotton at Southern anaother prlDcipal cotton markets for eacn
day of the post week:
Wetk 4ndlng
Jan. 16.
into Continental ports
tiiis
56,000 bales.
The above
figures indicate an increase in the cotton in sight
to-night of 314,686 bales as compared with the same date
of 1890, an increase of 619,073 bales as compared with the
corresponding date of 1889 and an increase of 428,361 bales
as compared with 1888.
At THE Interior Towns
the
movement— that is
the receipts
for the
for the
set out in detail in the
and since September 1, the shipments
week and the stocks to-night, and the same items
for the week,
(Sorresponding period of 1889-90— is
following statement.
E; p;
c:;o
0>a
9'4
r-
MobUe
Ik'
25'
918
8^8
9»8
8^9
91a
938
938
9\
9%
O'a
Savannah
9>8
99ia»'4
0%
9'8
914
914
9>4
. .
Wilmington
»'»
9l8
938
Norfolk.
Boston
Baltimore...
Philadelphia
Augusta
Memphis
...
9t. Louis....
Cluolanatl..
Louisville...
Wtdnei.
0>9
9>4
9
2^•
0>«
I
Rock....
8'''8
81j
gig
O^e
Little
S^Su Natchez
1
9>i
9>4
0>4
0>4
93,
9>4
9'4
9>4
938
9>4
914
938
9%
91a
9''8
94
9M
2.'«
9>i«
(Nashville
9>4
93a
9^8
9'4
Montgomery..
OSig
8H1
8'>8
rrt.
2;''«
2!'*
93,.
9>i
The closing quotations to-day (Friday)
Southern markets were as follows:
Atlanta
Columbus, Oa.
Columbus, Miss
Qufaula
OK—
TAur*.
90g
Oharleaton.
at other important
I
Bnlelgh
9
Rome
Selma
9
Shreveport
I
8i'u
From the Plantations.—The following table
the actual movement each week from the plantations.
Receipts
Indicates
figures
The
do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
Qnally reaches the market through the outports.
RecHpU
Wetk
Xnd%nt—
nee
"
"
86.
267,840
254,913
240,012
202,924
169,119
119,178
IB..
Jan.
2..
••
at th^ Ports. St'k at Interior Townt. Ree'ptt from PlanVnt,
1888^
1888.S9 1880-9OJ189O-91
l«..
9..
18..
1889-30; 1890-91 1888.8911889-90 1890-91
252,612 237,429
252.266 268,327
218,408 270,782
218,640 216.989
139,826 217,177
383,817 820,809
427,317 365,092
160,029:105,332
148,660 [117,660
135,568 396.170
158,868174,855 107.093'359,020
116,017 308,616 302,613 200,348
298,113'296,539|303,161
272,719 288,618 311,261
163,181
196,960
488,883
168,590
117,608
191.560 230.868 238.911
116,027[ll7.736 191.884
120,703 122,118 155.778
The above statement shows: 1.— That the total receipts from
the plantations since September 1, 1890, are 5,331,,508 bales; in
1889-90 were ,5,002,844 bales; in 1888-89 were 4,532,910 bales.
—
2.
That, although the receipts at the outports the past week
were 174,855 bales, the actual movement from plantations waa
only 155,773 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 123,418 bales and for 1889 they were
120,703 bales.
Overland Movement for the Week and since Sept. 1.
statement showing the overland movement
for the week and since September 1. As the returns reach us
;
;
- =
c-
» c
31
<.'g.?
ilFgrgg;
i
)->co
«
B e
i>i
Ha
t
o
Ti
late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given.
This weekly
publication is, of course, supplementary to the more extended
monthly statements. The results for the week ending Jan. 16
and since Sept. 1 in the last two years are as follows:
1890-91.
CCi-
January
vxioit--ow-J5;)t'ac .t-x ootcoc oV.'to
O
Oh
Tuu.
by telegraph
1
»'<
t— I— OD Cl -4 O*
Mon.
We give belovv' a
'HRS!
•3-2
OLOSINO QDOTATIOKS FOB MIDDI.IIfQ COTTON
Satur.
Salves ton...
New OrleatM
••
1^~ The imports
129
UC
16.
1889-90.
Since
ITeeA;.
xo-4aco*a"^wt-'©i^*.rf..oococi^
Sept.
Week.
1.
Sinc6
Sept.
1.
—
S H;
K
--J
00 <0
*».
h- h-
:;;
*^
i: 5^ £j
" =? ^ w w cp Qc to 01 Oi o
'-'
c tcxcc*- MV©c:c-looo<i'c*-ac ceo
^ - ^ t- M tc c tc en ~
H ^ r <i * c ^ •^ c *^ »- ;o w c. o o o Qc <i
CO
ua
•:j
ffi
**^
rf>.
It- cr.
MtO
M tc »
O"
O CO
Shipped
Via St. Louis
Via Cairo
Via Hannibal
Via Evan.sville
Via Louisville
Via Cincinnati
Via other routes, &o
MO WW
Ci C3
M
c;i
ci
^t-"
i-***!^
to
eO
W
fcC
w --'- c © * GO o clo M
M b5 Oi
rf* b:
o
MOO'c-^IOO
20,534
9,947
1,887
1,356
5,148
8,605
1,102
CS-l
<£ tt
W MM
o'*x w i- M "x
X c bi a:
r-'
tf^Micc; w~iM
^ _ ..-.-- -
h-* ll^
Between
•
w
(t-
ic'^
a
*(C'
Interior
towns
Inland, &c., from South
t-t
6,749
325,135
232,541
47.233
15,361
79,956
133,794
109,396
56,543
943,421
12,143
2,270
2,324
—
22,109
14,162
48,579 1,004,857
Total gross overland
Deduct shipments
Overlaurt to N. Y., Boston, &c.
362,268
190,029
71,577
15,700
128,453
120,524
116,306
15,061
4,802
181,968
46,732
69,696
284,976
21,802
298,396
719,881
34,741
645,025
162,362
73,180
49,434
544
943
4,713
7,3231
l,93:i
OWl—C:CJ^CJtD01lvOtOCOC-f-*lt*-OWQD
Total to bo deducted
^5I«
^-MICW
O" cx
(-.
to
a M o>
^1
ifk,t.,t.-gtcMto
..J
MM
IC U1
Mtf-0'(Dl«kCC;i
WMxVoc'-ig,
«CCMSOOO
tCh->Ci
2!
QCitCtCCCto c;t (— X
;
w
o
Leaving
M|^
w ^ w Gc *^ w 3j b X w bo w c: V cj w w
M a K> Ci .- ^ w o M o CD o 5 o oj
cc
cjt
*>.
p 10 y^ 01 to X cs
rf-
jg
W X O^l AOtO WCcbcCO* CCWrf* C*3X
U(«W:CXt£M,fa.OiCSMtoOi4*WX-.CtCO
•^lO"*
-1^
CCMWCO
c>w
1890-91.
In Sight and Spinners'
Takings.
TTce*.
*S'
1889-90.
Sinee
Sept.
Week.
1.
Receipts at ports to Jan. 16
174,855 4,887,613 158.868 4,656,268
Net overland to Jan. 16
31,842 719,881 34,741 645,025
Soathem consumption to Jan. 16 11,000 264,000 10,000 250,000
i
*
o
m5.
-*1©C«D«WX»P..X»0<
Louisville fiffurcs "net" In both years.
\liST y^^r's fljcixres are for Grillln.
1 This year's fl^nires estimated.
The above totals show that the old interior stocks have
decreased ditnng the week 16,696 bales, and are to-night
87,853
bales more than at the same period last
year. The receipts at
the same towns have been 6,213 bales
more than the same
^^%7^J1'''\' ^""^ *'°'',® ^®P'- 1 'lie receipts at aU the towns
are 74 B79 bales more than for the same
time in 1889-90.
,
Including
of 74,8,56 bales.
M^
to
M *'CMeoowaiow<'(0 0*'tcSo>o*«
31,842
to Canada.
this year has beeti 31,842 bales, against 34,741 bales for the
corresponding period in 1890, and that for the season to date
the aggregate net overland exhibits an excess over a year ago
w^^ M y» M OT X o
a M ,^ OS « to cc OD M X <i bt c^ <o o -J «o m lo
16,737
total net overland*.
movement by rail
The foregoing shows that the week's net overland movement
*
rf-
rfk
MM
10 ro
ucio-Kieiuoi
O«DCCM0:i0b3
w
Total marketed
Interior stocks in excess
Total In sight Jan. 16
-.1217,697 5,871,494 203,609 5.551,293
!
1
* 1 9^082
433,805
*
36,450
346,576
!l98.615 6,305,389 167,159 5.897,869
North^n^plnners^k'gs toJan.161
1.281.079
1.218.403
Lose In stock during week^
It will be seen by the above that there has come into sight
during the week 198,615 bales, against 167,169 bales for the
sarnie week of 1890, and that the increase in amount in sight
to-night, as compared with last year, is 407,530 bales.
THE CHItONlCLK
130
[Vol.
hi.
advances
that there has been too
to us to-night from the South indicate
much rain in a number of sections during the week and
consequence th» movement of the crop has been somewhat
of snow
retarded. Our correspondent at Dallas reports a fall
eight inches.
in north Texas, ranging in depth from two to
Galveston, 3exas.— It has rained hard on one day of the
week, the pricipitation being one inch and thirty hundredths.
The thermometer has averaged 46, the highest being 59 and
the lowest 34.
,
j
Palestine, Texas.—There has been rain on two days during
hundredths of an
the week to the extent of seventy-eight
from 36
inch. The thermometer has averaged 43, ranging
of the week to the extent of one inch and twenty-six hundredths. The thermometer has ranged from 33 to 63, averaging 47.
Stateburg, South Carolina. It has rained on three days of
the week, the rainfall reaching one inch and fifteen hundredths. Average thermometer 43, highest 66 and lowest 27.
Wilson, North Carolina.— There has been rain on one day
of the week, to the extent of one inch and twelve hundredths.
The thermometer has averaged 43, the highest being 64 and
the lowest 28.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3
o'clock January 15, 1891 and January 16, 1890.
to 58.
Huntsville, Texas.— Vfe have had heavy ram on three days
of the week, the rainfall reaching three inches and twenty
The thermometer has ranged from 35 to 63,
hundredths.
Jan. 15, 91. Jan. 16, '90.
Wbather Reports by Telegraph.—Telegraphic
m
.
averaging
•,
—
•
Feet.
28-0
25-6
20-8
29-8
8-5
Mempliis
...
44.
Feet.
9-9
Above low-water mark
24-3
Above low-water mark
251
Above low-water mark
NasliviUe
18-3
Above low- water mark
Shreveport
31-4
Above low-water mark
VioksbuTK
Note.— Reports are now made in feet and tenths
New Orleans
I
.
Dallas, Texas.— There has been two to eight inches of snow
all over the northern half of the State; very beneficial to
small grain crops. It has rained hard en four days of the
week, the precipitation reaching two inches and twenty-three
hundredths. Average thermomer 43, highest 60, lowest 26.
have had hard rain on one day of
San Antonio, Texas.—
the week, the rainfall being one inch and eighty hundredths.
The thermometer has averaged 47, the highest being 68 and
the lowest 36.
Luling. Texas.— It has rained heavily on one day of the
week, the precipitation reaching one inch and twenty hunThe thermometer has averaged 47, ranging from 36
diredths.
—
Jute Butts, BAoaiNG, &c. Transactions in jute bagging
during the week under review have been strictly moderate
Quotations to-night are 5c. for IJ^ lbs., 51^0. for IJ^ lbs., 6c.
for 3 lbs. and 65^0. for standard grades. There has been a
limited call for jute butts, on the basis of l']5c. for paper
grades and IJI^c. for bagging quality.
We
—
India Cotton Movement from all Ports. The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Jan. 15.
to 68.
Cohimbia, Texas. —There has been hard rain on three days
BOMBAT RECEIPTS ASD SHIPMENTS FOR FOUR YEAR*.
of the week, to the extent of two inches and thirty-three hunShipments since Jan. 1.
Receipts.
Shipments this week.
dredths. The thermometer has ranged from 33 to 71, averagThis
Since
Qreat
ContiTear Great Conti
ing 53.
Total.
Total. Britain
Weelc.
Jan. 1.
nent.
Brit'n. nent.
Cuero, Texas. It has rained on two days of the week, the
precipitation reaching eighty hundredths of an inch. Aver- 1891 3,000 11,000 14,000
33,000 51,000 108.000
3,000 30,000
54,00055,000 113,000
6,000 48,000
age thermometer 50, highest 70 and lowest 30.
1890 3,000 19,000 20,000
58,000 59,000 121,000
have had hard rain on three days of 1889 13,000 18,000 31,000 13,000 45,000
Brenfiam, Texas. We
70,000
46,000126,000
5,000 11,000 35,000
1888 5.000
fall reaching three inches and forty onethe week, the rain
hundredths. The thermometer has averaged 50, the highest
According to the foregoing, Bombay appears to show
being 69 and the lowest 30.
a decrease compared with last year in the week's receipts of
Weatherford, Texas. We have had rain on one day of the 4,000 bales and a decrease in shipments of 8,000 bales, and
week, the precipitation reaching ninety-four hundredths of an the shipments since January 1 show a decrease of 31,000 bales.
inch. The thermometer has averaged 50. ranging from 40 to The movement at Calcutta, Madras, and other India ports for
59.
lihe last reported week and since the Ist of January, for two
New Orleans, Louisiana. It has rained on five days of the years, has been as follows. "Other ports" cover Ceylon,
week, the rainfall reaching one inch and forty-seven hun- Tuticorin. Kurrachee and Coconada.
—
—
—
—
dredths. Average thermometer 51.
Shreveport, Louisiana.
have had rain on five days of
the week, the rainfall reaching seventy-six hundredths of an
inch. The thermometer has averaged 40, the highest being 51,
and the lowest 39.
Leland, Mississippi. Telegram not received.
have had rain on three days of
Columinis, Mississippi.
the week, the rainfall reaching two inches and twenty-six
hundredths. The thermometer has ranged from 30 to 50, av-
—We
—
eraging
41.
Shipments since January
Shipments for the week.
Great
Continent.
I
Britain.\
Calcutta—
1891
1890
— We
Great
Britain,
Total.
4,000
4,000
Total.
4,000
4,000
2,000
1,000
1,000
4,000
3,000
1,000
Continent.
1.
6,000
5,000
1,000
1,000
Madras—
1891
1890
—
Little Rock, Arkansas. It has rained on four days of the
week, and it is still cloudy, but turning cooler. The precipitation reached seventy-two hundredths of an inch. The thermometer has ranged from 26 to 47, averaging 37.
Helena, Arkansas. It has rained lightly on four days of the
week, the rainfall reaching sixty-four hundredths of an inch.
Not much cotton has been picked during the week: in fact
but little remains to be gathered. Average thermometer 38,
highest 43 and lowest 27.
Nashtnlle, Tennessee.— We have had rain on five days of the
week, the rainfall reaching one inch and thirty-five hundredths. The thermometer has averaged 38, ranging from 27
—
1,000
,
All others—
1891...,
1,000
1,000,
2,000
2,000
2,000
2,000
2,000
3,000
2,000
5,000
4,000
2,000
1 ,000
5,000
5,000
7,000
6,000
5,000
4,000
7,000
6,000
12,000
10,000
1890...
Total
1,000
1,000
aU-
1891
1890
The above totals for the week show that the movement from
the ports other than Bombay is 1,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1891, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.
to 48.
Memphis, Tennessee.— The week's precipitation has been
seventy-three hundredths of an inch, it having rained lightly
on five days.
had snow on Monday. The thermometer
has averaged 36, the highest being 48 and the lowest 28.
Montgomery, Alabama.-We have had rain on four days of
the week, the rainfall being one inch and thirtv-flve hundredths. Average thermometer 48, highest 54 and" lowest 39.
Mobile, Alabama.
have had rain on four days during
the week, the precipitation reaching one inch and seventy-one
hundredths. The thermometer has ranged from 30 to 57
We
—We
'
averaging 45.
Selma, Alabama. Rain has fallen on two days of the week
the precipitation reaching one inch and thirty-seven hundredths. The thermometer has averaged 43, the highest beinc
—
63 and the lowest 26.
Auburn, Alabama.—Tne week's rainfall has been one inch
and flfty-one hundredths. The thermometer has avera^pd
*
40'7, ranging from 27 5 to 59.
Columbus, Oeorgia.—Raia has fallen on two days of the
week to the extent of two inches. Average thermometer 37
highest 45, lowest 27.
'
1890.
1891.
1889.
Shipments
to all
Europe
from—
Bombay
All other ports.
Total
This
week.
Since
Jon.
1.
This
week.
Since
Jan.
1.
Since
This
week.
Jan. 1
31.000
10,000
14,000
7,000
33,000
12,000
22,000
6,000
54,000
10,000
21,000
45,000
28,000|
ei.OOo! 41,000|
58,000
13,000
71,000
—
Alexandria Receipts and Shipments. Through arrangements we have made with Messrs. Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandi-ia, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
Alexandria, Egypt,
January
14.
Receipts (cantars*)
This week....
Since Sept. 1.
1890-91.
1889-90.
1888-39.
125,000
2,837,000
100,000
2,563,000
2,098,000
This
Since
week. Sept. 1.!
1
This
Since
week. Sept. 1.
ll.S.OOO
Since
This
week. Sept. 1.
Savannah. Georgia.— We have had rain on two days of the
E.t ports (bales)week, the rainfall reaching seventy-one hundredths of
an
To Liverpool
14,000 184,000 7,000 186.000
9,000 151,000
inch. The thermometer has averaged 47, the highest beiQn-70
To Continent
8,C00 94,000 7,000 89,000 3,000 79,000
"
and the lowest 80.
Total Europe
Augusta, Oeorgia.-lt rained on three days earlv in the
22.000278,000 14,000 274,000 12,000 230,000
week to the extent of one inch and sixty huadredths.but lat* A cantar Is 98 pounds.
terly the weather has been clear and pleasant. The
thermomeThis statement shows that the receipts for the week ending
ter has averaged 45. ranging from 24 to 71.
Jan. 14 were 135,000 cantars and the shipments to all Europe
^
Charleston, South Carolina.— Raitx has fallen on four
days 22,000 bales.
Jancary
THE CHRONICLE.
17, 18»1.J
131
—
Manchkster Market. Our report received by cable to-night
Below we add the clearanoee this week of veMels carrying
from Manchester states that the market is easy for yams and oottonfrom United States ports, bringing our data down to
steady for shirtings, Spinnem are considered to be well under the latest dates:
contract. We give the prices for to-day below, and leave OALVtSTON— To Llvnrjmol - Jan. 13—Stesmeri Deramore, 6313.
those for previous weeks of this and laat year for comparison: Nbw Oblians— To Livorpool-Jan. 0—Steamer Ouldo, 7,003.... Jan,
1880-00.
iseo-tti.
SM
S2t Cop.
OelPn
Mid. 32t (7op.
Th/M,
Vpldt
Itu.
SMrHngi.
Tioitl.
8>4
Ootrn
tt>t.
Hid.
Upldi
8hirUHg$.
lO-Steamers Inventor, 4,000; Red Sen, 8,088.
To Hamburg- Jan. 10— Hteamer B«<chd«nn. 700.
BATAltHAH— To Liverpool— Jan. 13— Steamer Cheniston. 9,000.
WlUimoTOH— To Llverpcol-Jan. 15-8tcamer Hampton, 5,800.
To8aIemo-Jan. 10- Bark Vanderbergh, 1,187.
NlwpouT News— To Liverpool— Jan. 13-8teamera Anertov,
Florenoe,
A.
d.
Jeol2 838 98'»
" 19 8»8 »808
'•
26 8% «8°e
Jan. 2 8»u»8H9
"
9 8»i«»8''9
" 12 8*4 •8>«
s.
d.
4'iiai7
«.
B
G 4>i97
6 4>9»7
6 4>«»7
d.
d.
d.
d.
».
8>8 waoj
8>e «8«g
8>s «8<>8
8»8 «8B8
8>4 VS'k
3
3
3
3
6 4>S(V7 3
6 4is«7 3
6
8
6
6
6
BH »8%
d.
1
1
1
1
3
6 3
d.
8.
1>7
^7
^7
•7
«7
97
d.
3
3
3
5»8
3
i'li"
8
;
Wakefleld.
EOYITlANCiOTlroN,—The steamer
New York on Saturday, Jan. 10,
which arrived at
from Alexandria, Egvpt, brought 3,510 bales of Egyptian
jotton, valued at $350,000, consigned to various Elastern mills.
—
East India Crop. From the Bombay Prices Current dated
December 13 we have the following:
As was feared would be the cage, from ihe state of the weath»r In
Bombay tn ho latter part of last week, telegraphic adrioes to hand on
Monday ri-portod iliat rain hat fallen over a portion of the cotton area,
oay in some I'.irtiriets of the Bengal and Oomra circles, the fall regisI
ranging frcni 3 inches at Delhi to -OB cents at Khangauni. In the
form*-r dlatriet the picking of the crop was likely to be delayed, and at
Barsee, where o;) centa had fallen, the iilanta wore seriously damaged.
and early arrivals will show blaek leaf. In addition to '68 cents o." rain
at Beawar, there had been hails-torms in that di>triet: but no report of
damage con es from there or from any other part where rain had fallen,
with the above exceptions; and advices were etlll favorable from the
Broach and Uhollera circles; while at Dhulia, in the Oomra circle,
where there had bet u a slight drizzle, the crop was excellent. Yesterday's telegraphic weather and crop reports advised further rain In
S'me of the cotton districts, say at Nagpore, Oomrawutte, Khangaura,
Julgaum and Dhulia, and in the last-named district there had also been
—
.
landed.
EUROPEAN, steamer
hailstomis; but the fall had only reached an loch at Khangaum and
Dhollera, in the Oorara circle, and in neither of these districts was any
dsmaKe to speak of expected to result from the unseasonable rain.
There had also been unseasonable weather at Broach, and 5 per cent
damage to the crop was reported; but at the date of the latest telegrams
the markets had become bright again, with no elans of raiu; while from
the Dhollera circle generally the news on the whole was satisfactory.
At Agra cotton picking was likely to be delayed, but no more rain had
fallen In this or other districts of the Bengal circle.
—
SHiPPDJa News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
303,260 bales.
Total bale».
Liverpool, per steamers Botlii,l», 1,377
Britannic, 1,312. ..City of Chicago, 1,786... Cuvler, 2,188
... Duuro. 1,496... LaPlace, 795 .. Plato, 1,631
10,585
To Hull, per steamers Galileo, 2,565... Marengo, 1,210
3,775
To Havre, per steamer La Gascogne, 1,631
1,651
To Hamburg, per steamers Marsalu, 562
Scandia, 1,848.
2,110
To Amsterdam, per steamer Werkendam, 6.
To Antwerp, per steamer Westernland, 2,030
To Chiistiana, per steamer Island, 200
Nbw Orle.\ns—To Liverpool, per steamers Graola, 8,300
6
2,030
200
Prlncijiia, 5,213. ...Venezuelan, 3,450. ...Vesta, 7.337....
Yucatan, 5,700
30,005
To Havre, per steamers
Caloric. 5.085 ...Craigton, 4,833...
Ixla. 5,279. ...Louise H., 2,584. ...Northgate, 6,100....
Thomas TurnbuU, 5,300
To Bremen, per stejvmers Albingia,
29,231
3.570... British Prince,
4.113. ...Marlon, 5,063 ...Robinia, 4,953. ...Storm King,
6.600
26,299
To Hamburg, per steamers Rhenania. 1,714
To Barcelona, per steamer Ponce de Leon, 4,750
To MalagB, per steamer Ponce de Leon. 1,800
To (ienoa, per steamers Imperial Prince, 6,456
1,711
4.750
1,800
Waterloo,
3,200
9,656
Liverpool, per steamers Domera, 4,700
Knulsford, 5,904. ...Mayaguez, 2,265.... Nether Holme,
4,999
; 17,763
To Bremen, prr steamer Empress, 1.609
1,609
8AVANNAI1— To Liverpool, per steamer Guilford (addltlontl), 250
250
To Havre, per steamer Lowlands, .'i,002
5,002
To Bremen, per steamers Fernland, 5.805... Salado (additional), 1,023
per ship Dora. 4,258
11,088
To Genoa, per steamer Bawtry, 7.687
7,ti87
Brunswick—To Liverpool, per steamer Arlsaig, 1,981
1,981
Charlkston— To Liverpool, per steamers Aberfeldy, 5,158 ...
Alacrity, 5.572
10,730
To Bremen, per steamers Bavaria, 4,718
Sir Walter
Raleigli, 4,385
9,103
Wilmington— To Dunkiik. per bark Moorhill, 1,647
1,647
To Salerno, per brig Dr. Witte, 1,001
1,001
'
Newport News—To Liverpool, per steamer
2,192
2,192
Boston— To Liverpool, per steamers Bavarian, 1,645... Cephalonla, 1,087... Kmsas, 1.825. ...Norseman, 1,224 ...
5,781
.
To Yarmouth, per steamer Boston, 219
219
Baltimore— To Hamburg, per steamer Slavonia, 817
817
To Antwerp, per steamer Wetherby, 457
437
Philadelphia— To Liverpool, per steamer British Prince, 816!
810
(Br.), at
New
Bremen, from
Orleans, had cargo la
maluhoi<i <lamaged by Are January 13.
Ootton freights the past week have been as follows:
Batur.
tere<l
New York—To
Roia-
;
.
To London- Jan. 8— Steamer Memphis,
To Bremen— Jan. 7- Steamer America, 1,450.
To Rotterdam— Jan. 6— Steamer Lero.
To Antwerp— Jan. 6— Steamer Lepauto,
—
Below we give all news received to date of disasters to
vessels carrying cotton from United States ports, &c.
Elstow, steamer (Br.), Gray, from Norfolk for Bremen, has stranded
nearNleuvve Dlep. She is leaking, the sternpost Is started, and
three blades of the propeller are gone. Her crew have all been
,
AFlEAVY ImI>0KTAT10N OF
Fitzroy,
StOiimer Palestine. 1.4H2.
To Aiitweip-Jan. 8— Steamer Graabrook, 132.
To Yarmouth— Jan. 9— Steamer Boston, 218.
Baltimobb— To Llverpool-Jan. 13 -Steamers Caspian,
more,
3
—t
.
BOSTON- To Liverpool -Jan. 7— Steamer Bistonlan, 2,808. ...Jan. 8—
Uverpool, steam d.
Do
late dellv'y.d.
.
^
.--.
.-..
e.
.
38
'^
ss
H
%
....
indlrecte.
....
....
....
40*
40*
Indirect..!*.
....
....
"u
»'fi4
d.
»8
....
*»
40*
40*
40*
Seval, steam.... d.
sail
"m
...
39
Amst'd'm, steam.e.
Do
m.
iisa®^ "32'»% iiiassg »S1«»»
.—
...
*•>•
I
»S9
'as
"as
"ss
....
aambnrg, steam.c.
Do
"m
38
indireot.e.
Do via
"m
>'«4
e.
sail
Bremen, steam
Do
Wednt4.
....
Oavre, steam.... e.
Do
Tuet.
Thur§.
"«4
Jfon.
""64
40*
....
....
l5e4-"64 ">f4-"M 1»«4-"m '»•!
-...
"m
...
H
"4
»1«
»!«
"l.
»1»
.d.
»1S
Slfl
he
»ie
»1S
H
>4
H
"is
rrleste, steam... d.
"4
H
u
Antwerp, steam d.
* Per 100 lbs.
>e
>8
^
>s
"a
>8
Baroelona,steain d.
steam.,
(Jenoa,
—
LiVEBPOOL, By cable from Liverpool we have the following
statement of the week's sales, stocks. &c., at that port.
Dec. 24.
Sales of the
week
American
Actual export
FoTwardea
Total stool: —Estimated
Of which American Estlm'd
Total Import of the week....
Of which Amerloan........
Sales
—
Amount
afloat
Of which American........
Jan.
Dee. 31.
33,000
2,000
2,000
27,000
9,000
58,000
910,000
619,000
102,000
91,000
235,000
225.000
37,000
2,000
3,000
30,000
4,000
55,000
874,000
534,000
87,000
73,000
240,000
230,000
bales
01 which exporters took....
01 which speculators took...
0.
78,000
3,000
7.000
60,000
11,000
99,000
942,000
653,000
147,000
126,000
210,000
200,000
Jan. 16.
90,000
3,000
10,000
66,000
11,000
95,000
938,000
651,000
101,000
84,000
220,000
210,000
The tone of the Liverpool market for spots and futures each
lay of the week ending Jan. 16, and the daily closing prices
of spot cotton, have been as follows:
Saturday Sfonday. Tuetday.
apot.
Wedner. Thurtd'y.
Qalvestos— To
Market,
l:4S F. M.
{
strong.
(
Barely
supported
Mld,Dpl'd«.
Fair
bvsinesB
doing.
Steady.
Friday.
Freely
In buyers
offered.
favor.
56] 6
56i«
S'lB
55i«
10,000
1,500
12,000
15,000
2,500
10,000
1,000
.
,
Total
15,000
9peo.Aexp.
3,000
Sales
ovir
Market,
i
1.H4 33-64
decline.
Market,
1 p. M
Firm.
Steady.
New
York. 10,585
N. Orleans. 30,005
3,775
Galveston. 17,768
Savannah
.
250
Brunswick.
1.981
Charleston. 10,730
.
kirl-.
N'p't
News
Boston
Baltimore
Phlladelp'a
burg,
1,651 2,410
20,231 28,013
1,609
5,0C2 11.088
.
Wllmlngt'n
liana.
@ 2.84
Italy.
motlK.
1-04 deollae.
Very
lim.
Kasy.
Steady.
steady.
:
^^
Sat.,
Jan. 10.
:
Mon., Jan.
H,
Total
1,981
9,103
ll),833
1,847
2648
1,001
2 192
'.'.'."'.
817
457
"210
6,'000
.....a
....*•
.....a
......
1,274
olo
d.
d.
d.
1
d.'\
d.
\
3,775 37,53153,040
2,693 24,894
210 202,280
Open Btoh Low.
Clo$.
a.
i.
....
1
JuL-Feb ...
d.
I
1
'
'
;
,
;
,
1
.
,
1
Total.... 80,103
Taea.i Jan. 13.
618 618 818 518, 514 615 614 618;
618 618 618 618{ 5 14 6 16 8 14 816
Feb.-March. 6 21 6 2? 621 622I 6 17 6 18 8 17 618
5 21 5 21 6 21 621.
Mi!h..Aprll_ 5 24 5 24 5 21 6 24
5 23 5 21 6 23 62l!
Aprtl-Uay.. 528 527 6 28 5 27
May-jr«ne~. 6 2S 5 29 5 29 5 29 528 628 826 6 28
628 528.628 628'
Jane-July... S 81 6 31 6 31 8 31
Jnly-Aug... DSS'SSS 8S« 63S! B30'6S0'63O6S0
August ... 834 634 684 684| 5 31 6 31 6 SI 6 31
Aa«..8ept.. 631 6 31 631 S8II 6 28 5 28 6 28 6 28
619 519 8 19 8 19
S«pt.-Oct... 6 21 621 6 81 6 21
Oflt-NOT.... 618 618 518 618 |8.8 8 16 8 18 6 16
January
20,657
103.155
19.377
24,027
7,687
steady at
l-eideo.
usua'
Tar-
16,208
Qnlet at
partially
advance.
The opening, highest, lowest and closing prices of futures at
tiiyerpool for each day are given below.
Prices are on the
basisof Uplands, Low Middling clause, unless otherwise stated
The prices are given in pence and 61M.
Thus: 5 03 means
5 63-64d., and 6 01 means 6 l-64d.
d.
2,236
2.192
5,781
816
1-64
vance.
Ovtn Hith Low. CJm.1 Open |HI«h| Lour.
Havre men<e An/a'p Spain
it DunBam- ce Chris- and
JIiill.
Unlet at
at
2^ ad-
partially
1-84 dec.
Bre- Ani'dam,
pont.
Steady at Steady at Steady
1:45 p. M.]
(orm, are as follows:
Liver-
1,500
future*.
202.260
The particulars of these shipments, arranged in
14,000
1,500
1
1
i
d.
614 5 16
614 516
617 619
621 523
624 526
626 528
628 530
d.
6U
CtO$.
d.
617
616
616
519
6 21
5 24
5 22
5 25
626
528
630 6 32 680
8 31 633 5 31
828 530 628
619 520 5 19
816 517 816
628
630
682
833
6 14
820
8 17
THE CHRONICLE.
132
Thnrs., Jan. IS.
Wed., Jan. 14.
FrI.,
J
16.
I
,
Open
Clot.
d.
6 16
Jan.-Feb.... 616
Feb.-Marcli. 619
Meta.-AprU.. 622
April-May. 626
May-June... 628
Jnne-JulT.-. 630
Jnly-Aug... 6 SI
6 32
Angurt
Aog.-Sept.. 63«
8ept.-Oot...
Oct.-NoT....
d.
Open High Low.
a.
d.
b\l
511
617
620
523
626
628
629
680
628
616
616
6U
a.
616 616 S16 6 16
616 616 616 616
620 619 620 618 619
628 6 22 523 6 21 522
626 62fi 626 621 626
62« 628 629 i627 628
629 680
6 31 680 6 31
6 18
6 IS
6 32
6 31
6 82
683
681 680
620 6 21 620
6ia 617 61«
6 32
633
631
6 21
617
Open High Low.
Clot.
d.
i.
5 81
8 32
6 31
6 82
629 620
620 620
616 617
1
614
617
620
523
526
628
5 30
6 81
828
519
615
Clot.
d.
d.
d.
d.
612 618 612
612 613 5 12
615 618 615
6 18 5 19 618
5 13
5 13
6 16
. ,„
6 21
""
521 526 621
626 6 27 626
628 629 628
5 29 530 5 29
626 6 27 5 26
518 618 617
611 616 611
6 25
6 27
6 29
j
5 22
5 21
1
'
6 30
62
6 18
6 11
BREADSTUFF S.
Fbidat, January 16, 1891.
There has been more doing in wheat
showing at times a fair degree of activity.
the market
The business was
flour,
largely for export. Advancing rates of exchange and low
ratee of freight favored the shippers; yet they have not paid
any more money, but obtained slight concessions in some
To-day the market was very dull.
cases.
The wheat market was quite unsettled throughout the
week and at times developed some irregularity as between early
and late deliveries. For example, on Wednesday strong foreign advices and a considerable business for export caused an
improvement in the early deliveries, while the more distant
options were cheaper, owing to the favorable views that are
entertained regarding the prospects for the next crop. The
depression early in the week was due largely to efforts to discredit the estimate of the late crop at 400,000,000 bushels,
and to make it appear much larger. To-day there was a very
weak opening, but a partial recovery followed, owing to a
good export business, aggregating 48,000 bushels, including
No. 2 red winter at $1 04 j| in store.
DAII,T OLOBIHO PSIGBB OF NO, Z XED WINTEB WHBAT.
BtU.
0.10378
January delivery
February delivery
c.
March
c.
104%
10538
0.10478
0. 100
98
0.
0. lOO^t
delivery
Hay delivery
July delivery
August delivery
Mon.
Tutt.
Wed.
103%
104%
305>4
IO514
104i«
104Be
104is
9338
9638
104''a
Thuri.
105>4
lOSH
losifl
105=8
105%
lOS"*
10408
9808
Fri.
105
IO514
lom
104is
98i«
103%
9858
977s
gSH
95%
96
9514
98%
9858
Dec. dcUvery
gSM
98%
97>s
The com market has been unsettled, prices showing at times
considerable depression. The export movement has been
fair, being favored by higher rates of exchange and cheap
freights, but until yesterday the local trade was very dull.
Arrivals are fair by rail, and at the West assume more liberal
proportions. To-day there was some depression, under selling
for Western account. The export business was smaller, and
new No. 2 mixed sold at 603^ @60 J^c. delivered,
DAILT OLOSnCO PBIOES OF HO. Z MIXBD OOBH.
Bat.
Mon. Tuet.
Wed.
TAur
January delivery
0.
60
59ia
59Se
59»a
5915
60ie
February delivery
0.
59''8
59%
60
5i)^
March deliveiy
0.
eo^s
60
May
delivery
c.
0.
Julvdelivery
eoig
GO'S
69>4
5903
Sg's
591..
58%
ssS
5sS
....
..^
Oats have been more depressed than wheat and corn. Having no export demand, a movement to realize at recent extreme prices quite broke them down. To-day there was a
further decline.
DAILT OLOSnia PBIOE8 OF HO. 2 MIXED OATH
aat.
Hon.
Tuet,
Wed. Thuii.
Jannaij deliveiy
c. 61%
52
5113
511a
SO's
February delivery
0. 52H
52
5158
511a
SO's
May delivery
c. 62^
52
52
511a
50'8
Rye has been dull and unsettled. Barley sold more
early in the week, but latterly has been dull.
Fri
50ia
5058
501a
freely
The following are closing quotations for wheat flour in
barrels. (Corresponding grades in sacks sell slightly
below
these figures):
PLOUB.
|2 909$3 30 Patent, winter
95 009
Baperflne
3 35« 3 60 City shipping, extras. 5 00a 615
$5 10
Extra, No. 2
3 659 3 80 Rye flour, superfine
4 20» 4 40
Extra, Ko.l
3 «0» 4 25
Clears
3 25,3 50
4 00« 4 80 Com"S;eiiStraights
4 50»4 80
Western. Ac
2 75» 3 00
Patent, spring
8 00» 5 35
„._
Brandywlae
a S25
Backwheat Bour, per 100 lbs., 2 40a2 60.
Fine
9
i
'
'
I
and abandonment by more than 6,000.000 acres, the area horreBted
being 71,970,763 acres. The arerage jleld per acre was 20-7 bushela.
and the supply for consumption per head of populatloa Is 33 bushels.
or 1 1 bushels less than last year. The rate of yield was lower in 1887
and 1881, years of very severe droughi.
The aggregate wheat area Is 36,087,154 acres, nearly the same as in
1879, and the yield per acre 111 bushels. These are measured bushels,
of a quality grading somewhat lower thaa usual, the weight of which
will be given in the March report. Past records have shown that the
annual differences in weight of the crop are not often more than a
pound above or below the average weight for a series of years, the lowest for seven j-ears being 56-5 pounds in 1888, and the highest 58.5 In
1887. The yield per acre is the same as in 1888, when the product was
nearly 416,000,000 bushels, and with two exceptions is the lowest rate
during the past decade.
The area in oats was 26,431,369 acres, and the yield per acre was
19'8 bushels. This Is only 74 per cent of the average of ten years past,
which was 26'6 bushels, and the smallest rate of yield ever reported by
this office.
The December condition of the growing wheat crop Is returned at 98 4
per cent and of rye 99 per cent. This U better than December returns
for two years past.
Along the Atlantic coast a slight dfpreoiatlon is noted, as the result
of excess of moisture in some localities, miking planting late and giving rathir small growth before the advent of freezing weather. In the
Ohio Valley the season was generally favorable for seeding and early
growth, and the plant entered winter quarters In promising condition.
Some damage was done by the Hoseian fly. especially in early-sown
fields. Condition in Missouri and Kansas was variable, local Injury
from drought and fly combining to somewhat reduce the State averages.
The movement of breadscurfs to market is indicated in the
itatement below, prepared by us from the figures of the New
Fork Produce Exchange,
first give the receipts at Westlake and river ports, arranged so as to present the com parative movement for the week ending Jan. 10, 1891, and
since Ausust t, for each of the last three years:
bbl.
. .
,
We
em
lUeeipU at-
Flow.
Ohlaago
UUwankse...
Dnlath
98,179
106,370
Detroit..
OlerelaDd.
.
.
2,968
..
7.661
Louis
Peoria
16.700
2,250
at.
Tot.wk.'ei.
Same wk.'SO.
Same wk.-89.
atnet Aug. 1.
1890-91
1889-90
1888-39. ...
Barlev.
19,112
1.059
18,365
52,100
16.021
81.611
186,000
121,110
118,000
19,500
11,1)0
2,200
6,600
169,971
838,838
681,951
121,381
219.636
109,200
61.738
11,526
600
800
785
50,137
52,237
220,690
1.652,863
1,157,917
1,027,111
1,601.815
4,513,040
1,491,423,
870,963
2,501,70*
1,157,559
5,386,736
67,012,887
11,811,926
21,111,066
5,828.516
81,118,836
73,718,758
17,678.973
12,791,177
4,779.063
61,817,166
57,857,852
15,067,758
17,473,622
Below are the
rail
15,810,158
1890.
1889.
Week
bbls.
Wheat
bush.
72,659
67,119
2,503,718
3,751,989
8,698,301
shipments from Western lake and river
1891.
Plonr
Ibi
612,965
70,000
238,183
199,308
110,352
ports for four years:
Corn
Oats
Barley
Bvt.
617,271
12,180
987,070
17.318
25,003
67,900
66,393
5,500
2,061
Oatt.
a» BvhJiaii,, Buth.S2lb> BtM)i.lHIh Bu. Se
235.199
115.950
102.3S1
Minneapolis.
Toledo
Com.
Wheat.
Bl>l<.le621><|Btu)l.60
Rye
Fri.
59"'
5938
59!^
.
[Vol. LII.
Week
Week
Jan. 10.
357,284
Jan. 11.
377,636
Jan. 12.
235,232
591,285
1,082,494
1,330,115
326,911
114,436
458,752
4,503,970
1,380,502
246,515
83,863
447,083
1,831,005
859,255
307,765
76,680
1888,
Week
Jan. 13.
349,807
434,370
1,188,305
659,710
258,245
33,887
Total.
... 3,445,291
6,673,602
3,521,768
2,574,517
rrhe '' Receipts of Flour and Grain at Seaboard Ports," the " Exports
"'"' ^" ^ "^l^'^l^ supply of Grain-
^lX^il^a%'lT;^l''U^:]
THE DRY GOODS TRADE.
New York, Friday P. M., January 16, 1891.
There waa a very considerable influx of wholesale buyers
from the West and Southwest the past week, but the volume
of business transacted by domestic commission houses
and
importers was barely up to expectations, the recent financial
stringency having caused many merchants to adopt a
somewhat conservative policy. Immediate and near- prospective
wants were supplied by jobbers and the manufacturing trade
without the least hesitancy, but there was less disposition
to
anticipate fiiture requirements than has sometimes been witnessed at this stage of the season. The features of the
week
were (1) a remarkably favorable exhibit by the H. B. Claflin
Company of the condition of their affairs for the past six
months, and (2) an auction sale of 5,000 pieces cassimeres,
the
production of the Trenton Woolen Companv. The goods
at
auction sold low—nearly 20 per cent below p'rivate sale prices
—but it 18 probable that no material loss on the actual cost of
production was suffered by the manufacturers,
DOMESTIC Woolen Goods. -Heavy woolen goods for men's
wear were m better demand by the wholesale clothing trade,
ana very fair orders for some descriptions were placed by
buyers on the spot and with representatives
of commiasun houses on the road. Low-grade all wool heavy cassimeres were more active in some quarters, and there
was a
good, steady demand for union and
cotton warp
and medium-grade heavy worsted suitings were makes. Low
in very fair
demarid, and there was a steady call for
overcoatings, as kerseys beavers, &o.
Light-weight clothing woolens were
mostly quiet as regards new business, but
there
steady
movement m leading makes on account of was a orders.
AGWCtJLTUEAL DEPARTMENT REPORT.-The
back
Agricultural Uoakings and stockinets were in light
Department report on the yield of cereal crops
request by the manuin 1890 Ws facturing trade, but the
^
best makes of the latter are well sold
issued on January 10, and is given below
OKAIH.
Wheat—
0.
0.
C(>ni,perbiu]i.—
Spring, per bush... 90 «! 12
West mixed
rn
58 «
Red winter No. 2 ..1 04%91 06
W'n mix. N0.2. new 5914a 61
Eed wlnt«r
601s
80 •! 10
Western yellow .
58 a 611a
White
98 IMOS
We»tem white
58 9 611a
WMtem, per bosh.. 73 O 78
Oato-Mlied..» ba. 50 9 52
State and Jersey.. 75 • 80
White.....
50 9 56
Barley, Weatem
78 • 81
No. 2 mixed
50iaa 511a
Canadian
87 « 96
No. 2 white
50%). 52
State
85 w 93
Buckwheat, per bush 61 9 62
:
The Department of Agrlcnlture's estimates of tbe
wheat and oa,s of ulo, as completed
Tartwent. tuake torn aggregate
nrn^innfi^.. „. -
'nheStatWcUn^
in price. Miscellaneous woolens,
as ladies' dress
?/K^i^= flannels
fabrics, »
blankets, shawls and carpets were in moderate demand at unchanged prices
jAITOAnY
THE CHRONICLE.
17, 1891.1
InnpoitaUona ot Dry Ooo4a.
packages, valued at $308,678, their destination being to the
points specified in the table below:
TO Jam.
13.
Wetk. Since Jan.
)tniUa
Arabia
Africa
We«t Indies
157
22
....
626
670
26
958
69
461
25
100
875
ICO
12
18
102
17
789
68
180
165
21
222
860
1,521
28
8S2
10
3,522
8,671
1,327
5,671
1,327
2,926
...
Total
China, via Vancouver
Total
lijii
2,926
3.522
South America
Other countries
bml
1,014
11
Central America.......
*
250
50
....
.....
Wetk. ainee Jan. 1
1.
1,012
70
40
722
3S1
670
17
SS9
Great Britain. ....... ....->>.
Other European
China
Mexico
The Importationa of dry go3ds at this port for the week
ending Jan. 15, 1891, and since Jan. 1, and the same factt
for the oorreeponding periods of last year are as follows
1890.
1891.
Smw TOKK
133
....
!
From New Enxland nlU polnta dlreot.
The value of the New York exports since January
acnco<ip
X O O Si M
have
is
been |339,160 in 1891. against |1S5,803 in 1890.
Staple cotton goods were in irregular demand at first
hands, and the Jobbing trade was only moderate. Brown
sheetings were in fair request and fine browns, as Pepperell R
and E, were advanced J^c. by the mill agents. Bleached
Stock of Trinl Olothe—
bj- Providence raanuf'ers
1890.
Jan. 11.
319.000
539,000
None.
FaU Klver manufacturers
6,000
•-!
'^
378,000
Importers continued to
FOBEIQN Dry Goods,
—
Continental Trust Co.,
Wall
street,
Capital, S300,000.
I
I8TRAT0U, GUARDIAN, RECKIVKK and TRUS-
TEE
Fiscal and Transfer Agent,
; as
Bter of Stoc)£s aui Bonds.
aad as Keg-
The Company offers to Executors and Trustees
of Estates, and Lo HeliRious and Benevolent institutions, exceptional facilities for the transaction
of their business.
A.
UAKLEV,
Fresldent.
VVM. AL.EX. SMITH, Igt VIce-Pree.
WM. POTTS, !id Vice-President.
W.
REESE, Secretary,
Jno. C. Uavemeyer.
Robert .a. Holt.
Charles M. Fry.
Henry M. Taber.
HENRY
Wm,
Aiex. Smith.
Gordon Norrie.
HOKh N. (amp.
Robert Olyphant.
William Jay.
Alfred M. Hoyt.
William Potts.
William H. VVisner.
Arthur J. i-'eabody.
K
HQ'sOOOa
M
-a CO
U <ira <tl-'i0^tD
MU w®*.o-j
V 0>« fDJ3CD<i<i
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IReal JSstate
TROST COIIPffl
JE|||||||6S
CAPITAL PAID UP,
OH 10AGO,
-
-
-
Loan
NEGOTIATES GROUND RENTS
In
the City
Takes entire charge of estates.
Acts as agent for the registration and transfer
of bonds and stocks and the payment of coupons, interest and dividends. Authorized by
law to receive and execute trusts of every
character fronn courts, corporations and individuals.
A legal depository for court and trust
funds.
INTEREST ALLOWED ON DEPOSITS ot
money, which may be made at any time and
Mntaal Ufe Bnlldinc, 30 Massan Street.
Capital and Snrpina, 8730,060.
Is
now p epared
to undertake the jeeneral charge
and management o! REAL ESTATE.
This department will be conducted under the
direct supervision of the followiug Trustees of the
company and members of the Real Estate Com>
mlttee.
HORACE
8. ELY, Chairman,
Member Real Estate Exchange.
after five days' notice, or at a fixed
HERMANN H. CAMMANN,
TRUST FUNDS AND TRUST INVESTMENTS
are kept separate and apart from the assets of
the Company.
F.
HATCH,
CHAS.
WALSH,
Co.,
H.
ANDREW
M. W. KERWIN,
ISAAC N. PERRY,
Late Fres. Real Estate Exchange.
DODOLAS ROBINSON. Jr.,
Member Real
i
R,
WALSH,
LAUSTEN,
MAURICE ROSENFELO.
SAMUEL D. WARD,
OTTO YOUNG.
Engrene R. CoIe«
STATIONER AND PRINTER.
Bupplles Banks, Bankers, Stock Brokers ana Cotpoi
rations with complete outdts of Account Books
BJtatlonery
|ir~ New ooneernf orgaDlilng wUl lUT* tkaii ordu
President.
ud
ISAAC N. PERRY, Vice Prwident.
SAMUEL 0. WARD, Tteasurer.
LYMAN A. WALTON, Cashiei.
FRANKLIN HATHEWAY,
Corresponde:.ce solicited.
Estate Exchacge.
HULBURD,
C.
office: RS.
STOCK UKOKERS,
lilbrarjr Street, PlilladelpUla.
Issue and mail upon application bi-monthly quotations of Inactire stocks and bonds, and weekly
quotations of all dnanclal companies of Phila.
XCtuet Co.>
date.
J. R,
432
6i
OF NBW-YOBK.
$500,000
-
of Chicago.
PARRiaB.
&
Robert Koons
m!v
coi^:oa>cn
|0>MCS*^W
MMIOM
X<l
M
a
make
oao5tDQ0-g
l-03K>W
OitnOtoto
OSOtO-)-^
ocnoifeto
(^CJlCn^rf..
Mos-qcoQo
w«
w ^00
01
6.000
MC;»if^Qo:;i
tot-
«
1^
JOQDOOtO
toco
a>
cc
M(3S-gwco
DIRECTORS.
L.
MO M
CO
<I^O«i'(0'to
i-'tOi-'-.CO
KJWOOO
oaoa
t«
h*
/85 Dearborn Street,
AZEL
MOBBIS
« I- ** -q
*.
None.
None.
withdrawn
Henry A. Oakley.
A. Lanfear Norrie.
Oliver Harrlman, Jr.
James C. Parrtsb.
Thomas T. Barr.
Horace J. Murse.
8. S. Rouera, Buffalo.
Henry Hitchcock, St. Louis.
BOBIRT J. W. KOONS,
cnt-»iccnVi
COr-lob^''
Sarplus, $230,000
Company
HENRY
JHE
New York.
receives deposits on time and
on demand, and allows interest on the same,
and Is autiiorlzed to act as BXKCUTOR, ADMIN-
This
ciuii-OiM
piis£«Hatt«0tis.
^vttst ®0m4yattijes.
l»i
» aj
CO
COtOOQOi-'
very
fair shipments of spring and summer goods on account of
former transactions, but new business in foreign fabrics was
reported light by importers and jobbers alike. Staple imported goods continue steady in price, and stocks, while large
enough for the probable requirements of the trade, are not
considered redundant.
No.
(^-
<1K»
None
867,000
Total stock (pieces)
^i
0DV«tDtO)t>
-1
oa
Providence speculators
Outside speculators (est)
I- to
C3X
xiroccuifk.
1889.
Jan. 12
6,000
313,000
59,000
None.
9,000
Held
M ^- M
CO03CD3iOa
OOr-^WCO
CD^^
cottons were distributed in considerable quantities by means
of the lately reduced (luotations for certain makes, but the
demand was rather less active than expected under the cirBtances. Colored cottons continued in irregular demand, but
a fair business was done in some descriptions, and prices are
moetly steady. Prints ruled quiet, but more than an average
business in woven " wath" dress fabrics was done by agents
and jobbers. Print clotbs were in moderate request and 64x64
" spots " advanced to 3c. at the close of the week, while 56x60s
are unchanged at 3^c.
1891.
Jan. 10.
toro:o*ji^
ooorc-qgo
*
1
O
T
23
promptly executed.
SeC(et»»
\o.
1
WIULIAH STREET,
(HAMOVBK BQVAiUB.
OA YEARS OF
£i\J
Capital Sabacribed
SVCCJBSS
without loss to liiTeatort a good reason
for buying the Debenture Bonds and
Mortgage Loans of the
AMERICAN INTESTMENT
CO.
Auet(, 12,000,000 00. HIghait rate of interes
OOMl«t«nt with choloett seonritr. Ask for informa-
onot
H. m. SIMMONS, Yloe-Pret.
t
150
BL B.
OBMSBY.
Nassau Strut Niw Tobk Cut
Pr«i
Paid In
Ic
«ro«,ooo
8100,000
Minnesota Saving Fund
Investment Company,
&
Of Minnrapous, Mnnr.
Money loaned on non-noKOtlable first raortsasei
jnly which are deposited In trust with the State
Auditor.
Stock certificates bearlnx 6 per cent Interest, pay:fcble £ eml-annually, wltii addfuonal profits, for sau
it 9t^ per share.
Correspondence with reiUbbl« Btook Brokers
o;iolt«d.
Thorburn Reid,
Consnltins Electrical Engineer
AND
ELECTRICAL EXPERT.
TESTS, EXAIUINATIOMS and REPORTS
SpeciOcalions and Eatimates Fnrnlebed.
15
WALL.
ST.,
NEW YORK.
THE CHRONICLE.
134
^xusi ®0mvatiijeB.
"gvust t£>ompnnUs,
Union Trust Company
Vol,. LII.
OLD COLONY
TRUST COMPANY.
OF NBTT TOBK.
BioaUway, New York.
80
CAPITAI,,
l<UKFI,VS,
$1,000,000
3,7o'>,000
.
act as Kxecntor, Administrator,
Anthorlied to
aoRrdian Eecelver. or Trustee, and is
^
A
Acts at Trustee of mortxaRes
Allows Interest on deposits,
iif tlie, and withdrawn on twe days' notice,
with
Flthlnterest for the whole time they remain
»t
'"Jor'SeMnTenience of depositors this company
accordance
liso opens current accounts subject, in
interest
with Its rules, to check at sight, and allows
npon the resulting dally balances. Such checks pass
thromih the Clearing flonse. MANAGKMBHl of
. „b.»,j.nt
UD
Attends specially to the
REAL ESTATE and to the collection and remlU
_,,.,.
It makes ample proTlslon in Its
„ ^.t ma
VAULTS
NEW BUKGLAB AND FIRE PROOF In Its ouskeeplne of securities placed
tenoe of rents.
.
for the safe
todT. on which
'
It
collects
TRUSTEES
n.VanRennsl'r Kennedy,
James H. Ogiivie.
James T. Woodward,
I. H. Frothingham,
George A. Jarvls,
WhltewTlght,
Henry A. Kent,
B. T. Wilson,
Wm. F. Russell,
C.D.Wood.
James N.
and remits Income.
C. Vanderbllt,
Piatt,
A. A. Low,
D. C. Uays.
Wm. AiPi. Duer,
Charles H. Leland,
Edward King.
E. B. Wesley.
D. H. McAlpin.
George B. Carhart,
Allows Interest on daily balaucos subject to
Agent In Financial Transactions.
G. G. Williams,
B. B. Wesley.
C. D. Wood.
James T. Woodward.^
KING. President.
D. C. Hays.
EDWARD
JAMES H. OGILVIB, Second Vlce-Pres't.
R0NALD80N. Secretary.
AUGUSTUS W. KBLLKY, Assistant SecreUry.
United States Trust Co.
OF NEW TOEK,
4-5 and 47 Wall Street.
tIAFITAt, AMD SURPLUS, • S9,000,000
Is
a legal depository for moneys
aothorlied to act as guardian
Is
INTEREST ALLOWED ON DEPOSITS,
which may be made at any time and withdrawn
after five days' notice, and will be entitled to Interest for the whole time they may remain with the
ompany.
Executors, administrators, or trustees of estates,
ind WOMXN unaccustomed to the transaction oi
tuBlBess, as well as religious and benevolent Instl.
otlons, will find this company a convenient deposorr for money.
JOHN A. STEWART. President.
GEORGE BLISS, Vice-President.
JAMES S.CLAKK. Second
Vlce-Pres't.
TliV STUBS:
WUaon G. Hunt. Jno.II. Rhoades. Wm.Rockefeller,
Clinton Gilbert. Anson P.Stokes. Alex. B. Orr.
Daniel D. Lord. Qeo. H. Warren. Wm. H. Macy.Jr.,
Samuel Sloan, George Bliss,
Wm. D. Sloane.
James Low.
Wm. Llbbey,
G. H. Schwab.
Wm. W. Phelps. John C. Brown, Frank Lyman,
D, Willis Janiee, Edward Cooper. Geo. F. Vletor,
John A. Stewart. W.B'y'dCutting, Wm. W. Astor.
BrastusCorning, Chas. S. Smith.
HENHY L. TUORNELL. Secretary.
LOUIS G.
Assistant Secretary.
HAMPTON
Holland Trust Company.
NO. » WAIiL.
NEW YORK.
STREET,
Capital and Surplus
81,1100,000
ALLOWS INTEREST ON DEPOSITS.
Accepts and executes any legal trusts from persons or corporations, on as larorable terms as other
similar companies.
Lends money on promlpsory note, with New York
or Brooklyn appraised real estate first mortgage.
with title guarantee policy, as collateral security.
Acts as Executor, trustee and Guardian, under
wuls for the ttxed statutory charges; also as Keglsttar. Trustee. Transfer and Financial Agent for
Estates. Cllien Kailruads. Towns, and other corporations, and for Heal
Estate Mortgages with
Coupon Bonds In New Ycm, Brooklyn and elsewliere. Collects Rents. Coupons and Dividends.
TRUfeTEES.
Van Allen.
Warner Van Norden.
James B. Van \^ oert.
Van NoBlran-,
G.
John R. Plaiiten.
Henry W. Bookstaver,
garret A.
BenJ. F. VosbUTgh.
Joseph 8. Stout.
Geo. M. Van Hoesen.
William iJowd,
William Kemsen,
John D. Vermeule.
John Vxn Voorhls,
W. W. Van Voorhis,
Geo. W. Van Slclen,
W. Hutchinson,
Tunis G. Bergen,
Robert B. Roosevelt.
C.
Chas.
I".
Daly,
Jotham Gf>odnow,
Augustus VanWyck,
w. J. irii'^-
JOHN
R.
GEO. W.
«*"'<'•
^'ee-Presldents.
PLANTBN
VAN SICLEN, BecreUry.
t
Metropolitan Trust Co.
P«i!i?i'i'*.?".*^.»"
street,
Acts as Resistrar or Transfer atrent of
Stocks and ISonds, and as Trustee for Railroad and other Corporation mortsaffes*
T. Jefferson CoolidKe, Jr., President,
John
Frederick L. Ames,
F. Anderson,
Martin Brimmer,
George F. Fabyan,
Jolin L. Bremer,
T. Jeflerson CnolidRe,
George
Henry
Inveatments of Trust Funds and Title thereto
are kept separate and apari from the Assets of the
Francis L. HiKKinaon,
P. Gardner,
S.
Walter Hunnewell,
George Von L. Meyer,
Ilowe,
William P. Mason.
Company.
DIRECTORS
Richard Olney,
Lucius M. Sargent,
John L Waterbury,
Nathaniel Thayer,
Henry C. Weston.
Stephen M. Weld.
T. JEFFERSON COOLIDGE, JR.,
President.
Laurence Minot,
Henry R. Reed,
C. 8.
A. C. Bartlett, of Hibbard, Spencer, Bartlett&Go
Harley Bradley, of David Bradley Mfg. Co.
H. N. HiKinbotham, of Marshall Field & Co.
Marvin Uughitt, Pres. Chic. & Northwestern RR.
Chas. L, Ilutchinson, Pres. Corn Bxchange Bank.
A. O, Slaughter.
Martin A. Ryeraon, of Martin Ryerson & Co.
Albert A. Sprague, of Sprague, Warner & Co.
J.
TUCKERMAN,
Secretcwi/.
Manhattan
Comer
New York.
ISiWr.'r.".''.!!''!::
•'•282 S22
Deslgnaicd as a legal depository by order
of
Supreme Court. Receive deposits of moner on
Interest, act as asoal or transler agent
or irastea
'"" *"«'" ««' execute «nrieg.1
^i.'ST.'S'i"""'
gusts fr..m persons or corporations, on as
'""ora^
favori:
Me terms as o her similar companies.
Thomas Hil house. Pres. Kred'k D. Tappen V P
Beverly ci?5?|"b.iirr:
^'^Q^Sl.^V^'*- Assistant Secretary.
George D. Coany, .
Trust
of Wall and Nassau
<!APITAL.,
r. O.
This company
Does all business usually done by Trust
Companies of ffood Btandinsr.
_
BOARD OF DIRECTORS.
Byron L. Smith.
Byron L. Smith, Pres. Chas. L. Hutchinson, V,*P»
Joseph T. Bowen, Cashier.
Sts.,
Co.
91,000,000
DIBEOTORS:
T.
H. W. Cannon. N. T.
French, N.
CHICACiO,
H. L. Hlgginson, Boston. T. J. Coolidge. Jr., Bos.
August Belmont, N.T.
James O. Sheldon, N.T.
B. D. Randolph, N. T.
A. S. Rosenbaum. N. T,
C. C. Baldwin. N. Y.
8am'! B. Shipley. PhUa.
Chas. P. Tag,
tj.
Henry
Chlcaga
Field,
Y.
This Bank Is directly under the Jurisdiction and
superrlslon of the State of Illinois, is a LEGAL
DBP08IT0KV for Coun, Moneys, and is authorised
to act as TRUSTEE. EXEOOTOK, RKCBl VKR and
R. T. Wilson, N. T.
J. I. Waterbury, N. T.
H. O. Northcote, N. T.
Ex. Norton, N. Y.
ASSIGNEE for UiSTATES, INDIVIDUALS and
CORPORATIONS.
OFFICERS
L
P. O. French, President. J.
Waterbury, V.-Pres.
C. W. Hasklns, Secretary. A. T. French, Treasurer.
John
J. Mitchell, President.
John
ALLOWS INTEREST ON DEPOSITS. BXECDTB8 TRUSTS OF EVERT DESCRIPTION.
REGISTRAR AND TRANSFER AGENT
James
S.
B. Drake, Vice-President.
Wm. U.Mitchell, Second Vice-President.
Wm. H. Keid, Third Vice-President.
Glbbs.CasUier, B. M. Chatteil, Ass't Cash'r,
L. Z. Lelter.
Wm. H. Mitchell,
The Brooklyn Trust Co.,
St.,
Wm.
»1.000.000
I '^r'inlTJtiii^ {
Capital and Surplus exceeding S ^,'.00,000
This Company allows interest on Deposits, which
may be made subject to check at sight or returnable
tlxt:d
dates.
It Is authorized by special charter to act as Exec tor. Trustee, dminlttrator, Guardian, Kecelver
or in any other position of trust.
As executor of estates it secures a Sife, prompt
and advantugeous distribution of the saTie.
It Is a designated depository for Court monies
and acts as Registrar ur Transfer Agent of stock
and bi nds. mid as trustee for railroad or other corporation mortgages.
Executes orders in all classes of investment securities. Guarantees Letters of Credit issued to
.
^•^- Christensen, Pres.
Abram
Jas Ross Curran, Sec.
B, Baylis. V.-Pres. Pred'kC.Colton.Ass'tSeo.
TRUSTEES.
,
^„ ,
JoslahO.Low, Fred. Cromwell, J.J. Pterrepont,
Alez.M.Whlta, John P. Rolf o.
C.M.Pratt.
,
A-,^.,Low,
U'v K. Sheldon.
Mich'lChauncev, C. D. Wood.
Wm.B.Kendalf, Wm. H. Male.
TAhA T. Martin, Abram B. Baylis
John ^"S,"".';"- H. W. Maxwell,
G. Hibbard.
D. B. Shipman.
The Nassau Trust Co.
101 Broadway* Brooklyn. N. Y.
CAPITAIi
John Gibb,
G.
W. Chauncey,
CT.Chrlstensen:
Loans made on assignment of Bonds and Mort-
gages, or other approved collaterals.
Will take the custody of Real and Personal Securities.
Accounts of Religious and Benevolent Inatlta!
tlons. Societies and individuals solicited.
Checks on this Company are paid through
New York
A. D.
WHBELOCK, President.
WILLIAM DICK, { vice-frest
JOHN TKU8L0W, I vi(»fl Pres'fO. F.
of the citt op new tork.
Stewart Building, 280 Beoadway,
CAPITAl,
S300,00«
9US0,00l:
DAVID M. MORRISON,
CHARLES P. CLARK
Vice-President.
bSbI'S-^tFRANCIS „ PAGE, Secretary.
H.
TBVSTBBS:
Charles
George
11. Kussell,
II. I'reutlss,
Joel F. Freeman
L. T. Powell,
Jo?,; F. Anderson, .
John V r^ii
Jr.,
RICHARDSON,
TRUSTEESi
Wm.
Otto Uuber.
F. W. Wurster,
Dick,
A, D. Baird,
Joel
Wm.
SecreUrjI
F.Freem«n
F.Garrison
Darwin R.Jame8, Bernard Peters, A. D. Wheelookt
Wm. K. Horwlll, Geo. H. Prentls
H. H. Rogers.
C. D.
WooO.
Jno. T. WilletU,
Wm. H. Male. Chas. H. RuaaeU,
Thos.F.Rowland, Jno.McLoughlin,Jobn Louirhran,
Ditmas Jewell. Joseph F. Knapp.Bdwd. T. Hulst.
John Truelow,
WASHINGTON
TRUST COMPANY
Joseph F. Knapp
David M.Morrison,
llenryU. Rogers,
th«
Clearing llouee.
Telephone* 990 W^tlltamsbnrff*
B. B.Tuttle,
.
$600,000
Interest allowed on daily balances, and speolal
rates on deposits for a specified time.
Authorised by law to act as Executor. Admlnlitrator, Guardian, Trustee, Receiver, Fiscal and
Transfer Agent, and as Registrar of Stocks and
Bonds; Is a legal depository for Trust Funds and
for moneys paid into court.
Geo.G.Reynolds.
S. W. Boocock,
THE
SURPLUS
John J. Mitchell,
J.c McMullin.
Brooklyn, N. Y.
CAPITAI.
at
DIRECTORS
John B. Drake,
Wm. H. Held,
;
John MoCafferr,
l?r and 1T9 Montague
IL.L.
CAPITAL AND SCKfLvS, • 82,100,0C0
IHTERE8T ALLOWED ON DEPOSITS.
JohnR. Ford.N.T*
R.J.Cross,N.T.
Trust & Savings
Bank,
Illinois
N. T.
,
.
A. O.
paid into court, and
or trustee.
ministrator, Guardian, Trustee, etc.
Trustee under mortgages. Transfer Agent, Reg-
_ _
$1,000,000
Pays Interest on Deposits.
Le^al Depository for Court Moneys, Trust Fnnds
and other Deposits, which may be made subject to
check or returnable at a fixed date.
Acts as Bxecutor and Trustee under will, as Ad-
check.
Btrar.
and Supervision
JcTtisDiCffioN
Capital Fully PatcTtn
-
Parker.
Samuel K. Barger,
Geo. C. Magoun,
W. Bmlen Roosevelt.;
EXECUTIVE COMMITTEE:
Whltewrlght,
Edward Schell,
Qeo. C. Magoun.
Under State
.
-
La Salle and WashinBton Sts.*
CHICAGO, ILLINOIS.
IHASS.
Schell,.
Amasa J.
Chauncey M. Depew.
Wm.
-
.
G. u. Williams,;
B- G. Remsen,
Edward
6. £. Cor.
$1,000,000 00
500,000 00
Transacts a General Banking Business.
Capital
FOR MONEY
LEGAL DKPOSITOHV of corporations, and Surplus,
registry of stocks.
•ocepw the transfer agency andwhich may be made
Wm.
BOSTON,
.
The Northern Trust Co.,
P. C. Lounsbury,
Charles F. Clark,
George E. Hamlin,
Theo. A. Havemeyer,
Seth B. Thomas,
Lucius K. Wllmerdlng,
George A. Morrison,
Waldo Hutchlns,
E^ C. Homans.
INTEREST ALL OWED ON DEPOSITS,
Thia Companr Is a local
depoaltory for
^
court and Trust Fnml. and la
authorized
to do any nnd all
other bualnesa usually
P'""""'" or reaponalbllUi
ilY.^^ /.""
and atandlns.
Knickerbocker Trust
Company,
ii34
FIFTH
Branch
AVE,.
office, 18
COR
Wall
St.
'iTTH STREET.
and 3 Nassau St.
- SI, 000,000
CAPITAL A>D SURPLUS,
DESIGNATED LEGAL DEPOSITORY.
Acts as Executor or Administrator of Estates,
and as Kuardiau, Heceiver, ReKlstrar, Transfer and
Financial AKCnifor States, Cities, Towns, Railroads
and other corporations.
JOUN P. TOWNSKNO. President.
.
CHARLES T. BARNEY, Vice-President.
JOSEPH T. BROWN, 2d Vice-President
DIRECTORS:
Joseph
S.
Harrt B.
Auxhbach,
iiollins,
Jacob Hays.
Charles t. Bahjjet,
A. I-OSTKR HlXIGIN'S,
roiikrt g. kemsen,
Hk.nry W. T. Mali,
Anduew h. Sands,
James H. Hreslin,
CHARLES U. Welling,
Gen. George J. Masee,
Hon. Ira Davenport,
JOH.N s. TlLNEr,
Hull. KDWARD v. LOIV
Henry F. Dimock.
John p. Townsend.
Charles f. Watson.
David h. Kino. Jr..
Frederick G. Bournb.
Robert Maci.ay.
Waiter Stanton,
C. Lawrence Pirkdjs,
TowNSENu Burden.
FRED'K. L. KLDRIDGE. Secretary.
J
I.
HKNKY TOWNSEND
Assist. Saoretary
@FedFRASER