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O', xmm HUNT'S MEllCHANTS' MAGAZINE, aEPRESENTINO THE INDUSTRLVL AND COMilERCIiUj INTERESTS OP THE UNITED STATKft YOL. NEW 42. YORK, JANUARY 2, ^tnancial. 3?tnancial. Heniy 78 TO 86 TRINITY PLACE, YORK. & Alfred H. Smith BuAlnejm Founded 179v* Utnrfonitd unil.<r Uns of .stBt« of New Tork, Kcorsalitzed 1879. Engravers and Pkinters of STAHl*8, Ac, lu the fliiott and most artlstla atfle FBO.Vl STEEL PLATES, SPKCML sAKKiiiAiths to I'UFvcvT for\T»:RFEmxa, iriih usi' <jf tin- ('aiii|>niij'. SAFETY COLORS. Work GORHAM M'fg AND Biilldliiica. DEALERS IN MACOONOUGH, i. STAYNER, Potter, P. Pre»'t. J. . FRE ELAND, w. Work, Secty. Cashier. Maverick National Bank, BOSTON. OAPITAl, iiLUFLUS, •...... & Robison, BANKKRS AND BROKICRS, No. 3 I<:xcUani:e Court, Newr York. Bonds and U. S. GoTomment Securities Stocks, BoiK'ht and Sold on Commission. C. Fl.OVn.JO.\ltS. WIU.IAM R0BI80K ~ Members New Vi Yorlt Stock EichanKe. any pirt of the country Accounts of Banks, Merchants and niiuli! in Kkfeb to— Merchants' National Bank and Bank of North America. New York: .Murchauts' National, ChiciiKo; Mav- & Kellogg, BKOKKKS. 80 Rroadwar, New Vork. BA.VKIOK.S A.VD T8 Bills * or Kichanve iiml Bax anil Sell f:iible Transfers on the Union Kunk nf London. Stocks and lionds for loTestmant or Mari^in. rorresp>inrti.nce SnMolted iHi nember* New York Stock Exchange. TINKER & WESTON, BANKERS AND BROKER3, No. a £xcnANUB covht, Netv York. HkxRT r. TiXKKH. Member N. Y. Stock hE.\iist:LAt:u WksTon. Kxch. BKOKER. Lansdale Boardman, hT4>«:K NKW YOIIK.,80 BROADWAY 4 5 NF.WBT. TH«Y, N. v., No. 17 FIK8T 8TRF.ET. tock KxcL'ge membership; private wire; S all facUlUes Invetitor.. Listed on the New York Stock Exetiange Bought and Sold on Commission for Cash Deoosit accounts received and Interest allowed on monthly balances, subject to draft at siKht. Coupons, roiristered interest and dividends eoland placed to credit, for our customers, with- ecteJ. L. S« W« Y. and f tiiiadeiphia dtock KkcnauKes. H. Taylor & Co., 31 BANEBRS Cor. Third aud Chestuat Investment Sncurllies. WOOD & Execute York Dewing. Clahk Dkwino. K. T. Bontecuc, (Member of >Jew York Stock Kxcbange.) 11IKA.M BAXKERiJi A]\D No. 18 Wall Street, 6c GKUHGKC. WOOD. C.U. uUESTlS. Geo, 16 16 4t K 18 Hroad Street^ S Co., BANKERS AND BROKERS. (Mortimer Building.; v\ No. 11 WALL ST.,) N#w York. PKIVATJE WIIIK TO BOSTON. Ire with main office. New IN IMVCSTIVIE^TS. interest allowed on dally balances. All deposits subject to t-neck at siKht. Particular atteiiilou to orders by uiall or telesram. J. P. Wintringham,'/.&! New York. - - - lepiione—23li John.) Street, (T- GAS, INSUBANCK, TBUST al- Storks, b'lnrts, tfraln. (»r"Visioii(t antV peinileuiu boiiifht tind sold on cotiiiiun.siun for cash Direct tel^raphlc communlcattuo or on margin. witb the ChlGHifU Hoard of Trade. 6c Sons, New York, chanue. lowed thereon. Lapsley SWAN. Buy and sell on Commission, for cash or oh margin, all securities uealt In at the New York Stock Kx* 36 Pino New Vork. intert'.-*! M. 121 SoutU Tblrd Street, VUlladelpbla. DEALERS , Depo'ilts recHivL'il. subject to check, 1.. Sistare's IC. 18 Broad Street, BROKERS, FIRST-CLASS New York. B R New York. (Next door to the Stuck Kxcha> iie.) Members of the N. V. Stock and l'n>rtuci? Exch'nires. Howard ^k Connected by Private Thompson & Richard, N the : bon, Stocks and Bonds [ti>utfht and 8uld on Commission Accounts rocei vod mni Interest ulluwed on balances which may be chotrkiHl tor at sUtht. Iowa Loan tib Trust Co. per cent Debentures bouxht and acid. BA DAVIS. orders in all securities listed at St4jck Exchuntte. For Sale KIK.-T-CLASS ItAll.KUAli KIKST MORTOAOIB BOVI>a. York.Baltiuioreand other places H. Dewing NEW YORK, PFNE 8TRKET, 8CCCE8<ORS TO 8ts., Stocks, Bunds, i&c, b<iu»cbt and sold an cummtsslon In fhlladelptiia and other cities. Particular attention Kiven to infomiaLion reKardioK New ^^^ Co., 6c BANKERS AND BROKERS. Deposits received subject to check at slsrht, and Interest allowed on dally balances. Private wire to out ctiHrKe. Wood, Huestis . -Vndrews, Adam.s J SECDRIltlES STOCKS AND BONDS ALL, erick National, Boston. $400,000 400,000 Government Bonds booiiht and sold FJoyd-Jones at lowest rates. others solicited. Members N. AooonnU of Banks and Rankers solicited. Collections made upon favorable terms. WM. Bros. Co., BANK RR8. iniLWAUKEE, WIS. COLLECTIONS THEO. H ASA For & Houghton : Treat. «: ,• AND OTHER DESIRABLE A. D. SHEPARO. TOURO ROBERTSON. W. M. SMILLIE, • UNITED STATES GOTEBNMENT Curds, LabcU, CulfjidarH. 8. H. Sons, No. 2S Nassau Street, Ne^v York. MAIDEN LANE. 9 & Harvey Fisk UTHOCHAPHIC AND TrfE PRINTINa. Vir-K-I'KKSIDENTS 1,422. Receive deoosits 8u^>Ject to check at sight and allow interest on dally balances. ST. KAILWAY TICKETS OF lUfltOVED STTUCS. Show BLANK BOOKS OF EVERY DESCRIPTION. ALBERT 6. GOODALL, President BOX Transact a general banklntr bnstness. Imsludins th« pnrchase and sale of securities listed at the New York Stock CxchanKe. or In the open market. Co., SILTERSMITIIS, SAFETY PAPERS. Executi-d tn Fireproof ,„,,, YOBK. ST., NEIIT particular atte tlon ffiven to the subject of Investments for institutions and trust funds. BROADWAY AND NINETEENTH SfivrJaJ |)a|H'r> miintifKrliirtd i>\rliiij\et/ for Co., Government, State, County. City and Railroad bnnns constantly on hand for sale or exchange, and Foreign Governments. EXGRAVING AND PRINTING, BANK XOTKS SHARE CEUTIFICATES, BONDS Voti «;ovKii\Mi;>TS A.vn coki'okations, DKAKTS «IIi;tKS BII.I.H OF EXCHANGE, P. O. Co., ISS Broadwaf, Cor. John Street. BONDS, POSTAGE & REVENUE STAMPS, LEGAL TENDER AND hiATIONAL BANK NOTES of the UNITED STATES; and for & Ives NASSAU No, 25 IMPORTERS, ISSS. S BANKERS, DIAMONDS. Bank Note Company, 1,071. 3f?tnauctal. AMERICAN NEW NO. 1885. A weekly the market CO. aud BANK, CITY BU, FEK»V STOCKS, nf lots of these securiiiei- offering ubiished .Moudays with prices. list on ..,«.. opie**m applicatl d. Old rssoli-i.ted to bu> orsellon the IiacDangM.or I a< the we-'Kiy uctio Asiel Sales. & Co., AND BROKERS, BANKEKSE.\C11ANGB PLACK. No. S.A8IE1.. 51 1„S. KB.t.NKk.NllkllllCK, M. SBLIGMAJtS Memtwrs N. H . Stock mohannfc THE |^0x;«i0n 'govtiea %xcUtmsz, Drexel, & Morgan Drexel ft Co., ~Drexel,H<»»Je8*Co Cor. of Mb & Chestnut 8U. 81 Bonlevard Haiusmann, PARIS. PHILADELPHIA DOXBBTIO AND FOBEIOlf BANKERS. Securities Dapoatta recelTed subject to Draft. sold on commission. Interest allowed on koaot SfOMlt*. Foreign Bichange. Commercial Credits. Circular Letters for Travelers, Cable Transfers. available In all parts of the world. ud Attornkts and Aojsrrs of HeMra. J. S. IdORGAN tc CO., Va. 22 OLD BEOAD STREET, LONDOlf. & Brown Brothers NEW TOSK. Phlla. Co., Boston. & & & fers to, EnKland, SONS BALTIMORE. No. 23 BANKERS, BROAD STREET rtew York. Issue letters of Credit for Travelers, On SELIGMAN BROTHERS, London. SELIOMAN FRERES & CIE, Paris SELIGMAN & >TErTHEIMEU. H'rankfurt. Amsterdam. ALTMAN & STETTHIEMEK. Berlin, any part of Europe, Asia, Africa, Australia and America. „ Draw Bills of Exchange and make Telegraphic Transfers of Money on Europe and California. Payable In John Paton & Co., SUCCESS0E8 TO JESIJP, PATON & CO., in STEBLIXO, ATailable In any part of the world. In FKANC8 for 116 In Martinique and Guadaloupe, and in dollars for asa In this and adjacent countries. JIake Telecrapblc Transfera omoney Betireen thla Coautry and Europe. AKKCOLL,ECTI()IiiS OF DRAFTS drawn abroad on all points in United States and Canada, and of drafts drawn In the U nited States on foreign countries: •ad their London house. Messrs. BROWN, SHIPLEY A CO., reoelTe accounts of American banks, flrma and IndlTldnals, upon faTorable terms. J & & Co., y. Stuart 33 *NA8SAi; STREET. 62 TTUllam Street, New York. Accounts and Agency of Banks, Corporations, firms and Individuals received upon favorable terms. Dividends and interest collected and remitted. Act as agents fur corporations in paying %)upons and dividends also as transfer agents. Bonds, stocks and securities bought and sold on DRAW ON THE UNION BANK OF LONDON; BRITISH LINEN CO. BANK, LONDON AND & BANKERS Co., COMMISSION MERCHANTS, 23 & 24 Exchanse Place, New York. ALSO, telegraphic transfers of money CABLE TRANSFERS AND LETTERS OF CREDIT. ON MEXICO, CUBA, KiNNEDT Tod. H. O. NORTHCOTE. J. J. C1BCPI.AB KOT»g AKJ> CHIDlTg rOB THAygl-gRg. Heidelbach, Ickelheimer & Co., 29 UriLLIAn STREET, Cor. Ezobange Place, NEW YOEK. FOREIGN BANKERS. BUY AND DRAW BILLS OP BXCHANGB, MAKE CABLE TRANSFERS, ISSUE TRAVELAVAILABLE W ALL PARTS OF THE WORLD, ON essn. C. J. Hambro & Son, London. Unger & Co., BANKERS AND BROKERS, Members the New Chas. of York Stock Exchange. OIAI.BB8 IN KOaKION KXCHANOE, GoTEBNHBnT stocks and Bonds bought and sold on Commission, Orders received In Mining Stocks, and In UnllstM made and loans negotiated. Dividends and interest collected. Deposits received subject to Draft. Interest allowed. Investment securities a spedaltj. We issue a Financial Reptirt weekly. Securities. CoIlectlonB Branch Office, 320 Broadwajr, Connected by Private Wire. Jos. C. Prank Walcott, ) Dickinson, F. Members of the New TortE Stock Exchanire, J Fanshawe & Milliken, AND BROKERS, BAIVKERS NEW No. 43 STREET. Stocks and Bonds Bought for Cash « on Margin. JAMI8 WHITZLT, H. CBUQIB OAKIiIT. MATKARD C. BTRI. HXNRT H. DoDoc, Washington, D. 0. Wh. R. TRAVIR8, Special Partner. & Whitely, NEW No. 64 BROADITAY, YORK. 180 Fifth Ave., New York. RnAvm HaANOH n»nrMH omcis J jgg jgj^ g^^ Washington, D. 0. j Bttj and sell on commission all classes of Rallroatf Beonrltlesjalso Grain and Prorlslons. Private Telegraph wires to Philadelphia, Wllmlnc. Washington. Bridgeport, Boaton and PIttsbnrg. Ausxander Baring. Member N. Y. Stock Ezch'ge & Co., WILLIAM 8TEEET, for Banks, Companies. Issue commercial Investment Securities. Buy and sell bonds, stocks and securities in all American, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and Inland Drafts. Sell Bills of Kzcbange on EVANS Jfc CO.,•jLO^DON. i /,vtt.«». HAHIIRO dt SON, IMELVI1,1,E, C. J. ) & Co., BANKERS AND BROKERS. Foreign Exchange, Bonds, Stocks and Mlsoella. neous Securities bought and sold on commission. Julius a. Kohn. David Ochs. Moritz Oohs, Memb. N. Y. Stock Bzch. Memb. N. Y. Stock Bz Bankers and Railroad and domestic pounds sterling & dollars. A. Kohn New HsTSn. 19 Broad St.,N. ¥., mils Bnlldlmc, Transact a General Banking Business. Hamilton credits, also foreign travelers' letters of credit in OflTer J. <fcc. BANKERS. Act as Agents & Bishop, BANKERS AND BROKERS. No. 35 PINE STREET, NE1¥ YORK* (Members New York Stock Exchange.) Accounts of Banks. Bankers and others received. Interest allowed on balances. A strictly Commission Business in the purchase and sale of stocks and bondi. Private Telegraph Wire to Albany, Troy, 8yrsoiue, Rochester, Utica, Buffalo, Cleveland and Chicago. Draw on City Bank of London in amounts to suit. for Investment. Special attention given to Securitl KKArSS *""";PARIS. )d«t»t«. H0TTIN«UER Jt CO., & CO., MARCIIAIII), Kidder, Peabody BBS' CREDITS. I88DB COMMERCIAL CREDITS, &c., Kennedy Tod No. 63 nUNROE & CO., PARIS. ITBBLINO CHEQUES AND BILLS AT SIXTY DAYS SIGHT ON ALEXANDERS & CO., LONDON. Co., BANKERS AND BROKERS, No. 34 Pine Street, New Tork. Transact a General Banking Bnsiness. ton, Baltimore, EDINBCRGH AND BRANCHES; Co., & C. Walcott J. Prince bills of exchange, letters of credit, & Commercial and Travelers' Credits. Exchange. Cable Transfers. Bills of AND BELFAST, IRBLAND; AND ON THK No. 32 Naasan Street, Jiew Tork. No. 4 Poat OIBce Square, Boaton. CHBQUBS AND CABLE TRANSFERS ON Hambnrg. nessrs. marcnard, Kranss & Co., Paris SCOTLAlfD. ULSTER BANKING COIUPANT, John Munroe COHRE8PO.NDENTS OP THE International Bank of London (Limited), London. IHessrs. Jobn Berenberi^, Gossler & Co, commission, at the Stock Exchange or elsewhere. Sterling Exchange and Cable Transfers bought and BANKERS, LONDON RATIONAL BANK OF SCOTLAND, 29 sold. HANCHESTER & COUNTY BANK, MANCHESTER, PAYABLE IN LONDON; Ruckgaber, BANKERS, triLLIAM STREET, NETT YORK ; BILLS OF EXCHANGE ON niTH, PAYNE & SiniTH'S, Maitland, Phelps "LIMITED," & Schulz & W.Seligman&Co., J. , Bur and Sell Bills of Exchange AND IRBLAND, FRANCB ON GBBAT BRITAIN OKRMANY, BKLGIUM, HOLLAND, SWITZKBLAn'd. NORWAY, DENMARK, SWEDEN AND AUSTRALIA. ••lie Commercial & Travelera' Credit* XLn. France and Germany. ALSBERG GOIjDBERG, BROWN & Co., 21 Naasan Street. No*. 19 available In all ISSUE TRAVELERS' CREDITS, parts of the World, through London. Sons, Roth»child Heaara. N. M. " de Rothschild Brosj, Paris. " M. A. de Rothschild Sons, Frankfort o\in. 8. n. de Rothachild, Esq., Vienna. AND THEIR COBRE8PONDKNT8. Draw Bills of Exchange on, and make Cable Trans- AND AI.BXANDER & BANKERS, OOBNEE OF BEOAD, HEW YOEK. [Vol. Sa^jcltatiflje. Co., August Belmont STREET, -WALIi CJHKOJNICLE 1 & FOREIGN BANKERS, Nassau Street, New York, Fred. H. Smith, BROAD ST., NETT YORK. Co., STOCKS, BONDS AND PETROLEUM No. 30 Bought. Sold, and Carried on Marglni. Intimate knowledge of all railroads for past twenty Parties desiring to bar or sell onquotsd i«ourltlea will do well to oommunlcate. F. H. Smith, ) Members Consolidated Stock and rears. 113 Devonshire Street, Boston. ATTORNEYB AND AGENTS OF Messrs. BARING BROS. & CO., London COmMERCIAL CREDITS, Clroolar Credits for Travelers. B. W. Smith, t Petroleum Exchange, Simon Borg No. 17 NASSAU ST., & New York. Co., VKXr TORK. AMI OTHEK I.WKgTMENT RoNDS DEALERS IN ALL KINDS OF STEHMNO LOANS A SPRCIAi'tY Cable Transfers AND Bills op Exchanoe on Ballroad "* Greene ®* St., *5 ,?'• N. T. and Investment Secnritlea. Bn;^"J' and sell on commission, for investment muvin, all secuntles dealt In at the New York or on Stock Canadian Bank of Commerce. CAPTTAI, J. H. 18,000,000. GOADBY A JOI BUBPLCS, B. E. 12.100 000 WALKER, T AGENTS, !• BXOHANGE PLACE, NEW TORK BOY AND SBLL STKKUN*!^ BXf HANOE, CABLE .88U. ^M^KHCMX CBEmTS^ AVAn.ABLB Great Britain and the Continent. KOIJNTZE BROTHERS, BANKERS, 120 Broadway, Equitable Building, New York LETTERS OF CREDIT AND CIUCiri,AR NOTES Issued for the use of travelers in all parts of the world. Bills drawn on the Union Bank of London, relegraphlc transfers made to London and to various places in the United States. Deposits received subject to check at sight, and Interest allowed on balances. Government and other bonds and Investment securities bought and sold on commission* BOUTBERK SGCUBmSS A BPECIALTT. Rolston & Bass, BROAD STREET, NEW YORK. STOCKS, BONDS AND mS€EI.I.ANEOCS 8EOI7RITIBS No. 20 Correspondence Solicited. Quotations cheerfnllr furnished Wh. H. Rolston. w. Axjuc. Bass, Jr. Member N. Y. Stock Bzoh'ge. Member Chicago Stook Ifixeh'gs. JUTOART TBE CHRONICLEL 1888.] 8, H. B. UOLI.INS. & Taintor Holt, H. WALIi STREET, NEXT TORK. » OENKBAI, BANKING buslnew. received and INTBKBST allowed on bklancea. But and GOVERNMENT. MDNICIPAL sell RAU-KOAD »nd 8»onrltles. 5 Vunderbllt Ave., connected by private wire. Connected by private wire with B. W. Clark A Co.. and Hill A Kennedy, Philadelphia. Fkid. a. p. BBom. BBOWN. Walston H. Brown & Bros BANKERS, NASSAU STREET, NEW YORK. NO. aO WM. CHAKLKSF, V. CAKOLIH, T. Stock Bxcbanse, Member N. & Carolin Cox laterest allowed on dally balances. Securities dealt In at the New York Stock BxchaDge boiurht and sold on Commission, for Cash nr upon Uarifln. W 64 Broadway dc 19 New St., New Tork & Gilman, Son Co., J. (15 Years' 16 * 18 J. NEW YORK. H. Latham UNITED No. 3 UTAIil. City, Co., NEW TORK. & BA S IK & , A L I. STREET, New York. Investment Secnrttles. BOX 2.M7. WATLAND TRA9K. H. J. MOBSE. A. M. KIDDEB. W. C. Co., CALDWELL, ^TASHBURN TOWNSEND, BANKERS, 8 Broadway, Branch Office, cor. -HI Exchange Place, N. V. I^a Halle 8t., Chicago, TRANSACT A GENERAL BA.MKING BUSINESS, INCLUDING THE PURCHASE AND SALE OK STOCKS AND BONDS FOR CASH OR ON MARGIN. BUY AND SELL INVESTMENT SECURITIES. INTEREST ALLOWED ON DEPOSITS SUBJECT TO CHECK AT SIGHT. P. O. D. A. Boodt. Box 447. C. No. a. B. Bateman, Memb.N.Y. Stock Exoh. & BATEMAJV, OREEN BANKERS AND BROKERS. STOCKS. Cotton. Grain, Foreign Corner Wall and foreign Bank of 4 ^all gTOCKS, Street, corner Broadway. BOXDH * OOUJ/JBROlAL PAPER. Stocks and Bonds bought and «old on commission fc New Tork Stock Exchange. Advances made on boAtsM paper and otl^er secuHtief- New Ezchanqi, Streets. Pvlvato Wires to Washington, D. C, Baltimore, Boeton. Philtwlelpnia and Chicago. W. McLELLAN. UNITED BANK BCIIiDINe, undertakes the business of Trustee approved Railways, negotiates and Railways and other Corporations, either In the mat tor of payments of Intorest on Loans, Dividends on Cable Address— PATT, Loiniov. BANKERS AND BROKERS, 3 W^AI^I. STREET. Transact a general Banking Business, Including the Purchase and Sale of all Securities dealt In at the New York htook Exchange. Reitben Leland. BANKERS, ThU Company to Loans of A. W. W. DtTDLET. C^o^t Capital Paid I7p, jB9Tl,3«0 SterUac. iMuea Loans on the London Market, acts aa Agent for BROAD STREET, DonOLASS Gbeen. Memb. N. Y.Cotton Exch. Si' B1III.DIN08 LONDON, ENGLAND. Interest ailowejl on deposits subject to sight draft LANSING C. WASHBtTBN, C. B. CALDWELL. (}HAS. J. TowNSEND. Member N. Y. Stock Exchange HILL. (LIMITBD). BANK or Registration of Btooksln London, or etherwlM. "nr p. O. Railway Share Trust Co. 62 Broadw^a]r,N.Y\ Nenr York. Sell TH£ Chew, Government Bsourltles . Stocks, Bonds and n Bought and Sold on Commission. BKTBBLT CHIW. JA8. D. SIMONS, Member N. T. dtock Exchange. Member N. Y. Produce Exchansa Transact a General Banking Business, including the purchase and sale of STOCKS and BONDS for eash or on margin. Bar and demand drafts. Negotiate Railway, State and City Loans. No. 4 BANKERS AND BROKERS, No. 18 C, Solicit accounts and agencies of Banks, Bailways Corporations, Firms and Individuals upon favorable terms; also orders- for the purchase and sale of Bonds. Shares, Ac, Ac. on the Stock Exchange. Interest allowed on Deposits, subject to 80-days sight drafts, at Bank of England rato,and one-percent below that rate subject to STOCK BROKERS, No. 24 Co., House, E. LONDOIW. Co., STREET, NE\r YORK. W. H. Goadby & CKj Co. KER 62 Gresham County, State, Railroad, District of Columbia Bonds and Foreign Exchange. Correspondence Solicited. 3 ExcbanKeCoart& & Heinemann BUILDING, BAiitK Simons In With Private Wires to CHICAOO, BALTIMOBK, PHILADELPHIA and Intermediate Polnte. No. 17 W^AI.1. ST., ST., JOHN HOWARD LATHAM. FBEDEBICK W. PEBBT ties. BANKERS AND BROKERS. Do a •trlctlT Commission Bnslness STOCKS, BONDS and GRAIN, the N.Y. Stock Exchange. BROAD In addition to a General Banking Business, Buy and Sell Government Bonds and Investment Securi- & In CO., HEINEITIANNJ^k: CO., at 62 aRBSMAMIHOUSB. B. 0. BMIL HBINKMANN. WALTER DABNEY HKINBMANK. LOHNSBEBT. Turner, J. Membership B. Transacts a general Banking bnslness. Including the purchase and sale of stocks and bonds for cash or oo margin. BANKERS, John H. Davis ALFRED KlMBAUL. BANKER AND BROKER, CEDAR STREET. No. 62 BLAKE BROTHERS & publlsbert a new pocket edition of our annual List of Stocks and Bonds at the New York Stock Exchanne." Sont free on application. Both of our arm are Mpimbehs of the N. Y. Stock Kxchangb. ROBBBT 1st January. 1886. dated 31st Dec. 1885. announcing tho termination of that firm by effluxion of time, we beg to notify yos that we have formed a copartnership to carry os a general Banking business under the style of Co., J. (Established In 186S.) BANKERS AND BROKERS, 16 A: 18 Broad Street, New York. CO., New Tork. RBFBRRINO TO THE CIRCULAR OF MBS8B8 Investors wIsliinK to buy c.r sell are invited to call or correspond. Prompt and personal atteatlon given to all orders. _^^^ C. Stewart Brown's Sons, stock brokers, BMIL HBINBMANM, F. B. BLAKB, BLAKE BROTHBRS A LONDON. & 1880. has this dar terminated br effluxion of time. Mr. BMIL lIELNBMANNand Mr. F. B. BLAKB alODS are authorlted to sign the firm's name in llqatdatlon and to settle all outstanding bn*tn«M. Of Boston and AND Dealer In Hiscellaneons Seoarltles, MILLS BUILDING (iW Kloor.) A L I. STBEET. Rooms as * 26. 33 STATE AND CITY BONDS OP GEORGIA, ALSO SECURITIES OK THK CENTRAL RR. A BANKING CO. OK (;i;()i{(;iA A specialty. Kimball DMSmbsr, Blii of Dutenhofer, Banker* & Commission Stock Broken Nos. No. 68 BROADWAY. NEW YORK. We have Deposlu received subject to check at slKht, an] " Stocks and All ^~ Arm BROKER R. Cox, Office, A O. D. L'HDII.IER. LONDON, BBG TO OIVB NOnCB THAT OUB \V'ti BLAKE BROTHERS 4c CO., heretofore carried on br us at 02 URESHAM HOUSE, B. O. BUOADWAY. T4 Branch GEO. H. HOLT. TAlNTOa WAioioH H. Bbown. HIRBCBT & Co., Members Now York Stock Exchange. PrlT»te telefcrapta wlre»to ProTldeaoe and Boston. O. B. FRANK C. HOLUNI A. 7ZNA0A. BANKERS AND BROKERS. TKAN8ACT DEPOSITS IT. B. Hollins UANKEBS, No. 3 Wovtign ^a^uUevs* l^unhtvB and l^voUeva, BauUera and ^voVitvs, ganlijcrs. Australasia, (Incorporated by Royal Charter, 1835.) Tlireadneedle St.^ liondon, England TH B Anglo-Californian Bank (LIMITBD). LONDON, Head OfBoe, 3 Angel Court. SAN FRANCISCO Office, 422 California St. NE^n^ YORK Agents, J. & W. Bellgman A Co BOSTON Correspond'tg, Hassaohnsetts N. Bk Antborlzed Capital. Pal«-np Capital, Reserve Fond, - - - . - - $6,000,000 1,600,000 400,000 .••••- Transact a general banking basinees. Issue Commercial credits and Bills of Exchange, available In a! parts of the world. Collections and orders for Bonds. Btooka, ete., executed upon the mostf av orable terms. FRBD'K F. LOW. lut^^^rmrm^ IGNATZ 8TEINHART, t "*°W'~"' P.N. LILIHNTHAL. Cashier. Hong Kong & Shanghai BANKING CORPORATION. Paid-up Capital ^•?9&S22 4.400.000 £1,600.000 Paid-up Cai'liiU, 770.000 Heserve Knml. Letters of Credit and Drafts Iwaed on any of th« numerous branches uf the bank throogbout Australia and New Zealand. Reserve for EqoaUiatlon of Dividends. Reserve LlabUlty of Proprietors Bills neKotiated or sent for collection. TeteKraphic transfers made. Deposits received In London at Interest for fixed periods, or for transfer to the oolonles on terms wbloh may be ascertained on application. Manifii. PKIDHJAUX 8HLBY. Secretary. ReserveFund 400,u00 7,000.000 Drafts, Issue Lettora of Credit for use of Travelers, and negotlato or collect Bills payable at Bombay. Calcutta, Singapore, Salson. . . The Corporation grant Hong Kong, Foochow. Amoy, Nlmrpo. Shanghai. Hankow. Yokohama, mogo, San Franoleoo and London. A. H. TOWMSENO, Agent, 47 WlIIUoi St. 'THE CHRONICLE. i^ Bonds of Siaretysliip. STOCKS and BONDS De Twentsche f ullT P»W up 7.203.989 GullderB ($3,881,570-) " ($3()o.2»7-) S1S,0m2.52« KeMmreKund NEW HBAD OFFICB, ARISTEBDAItl. BBSyOBES: London— B. W. BLlJDjJNSTEIN & CO., St., ySW YORK OORRESPOXDBXTS; Messrs. KNAUTH. NACHOD * KUHNE & de Steiger Co., (0 . TUKNER CO., Ai ^tttanctal OF .VE IT No, 49 \rAI.L. Capital, Sulpius, company and is la - - SECrnTTr'-P. GAS SECURITIES, INTEREST ALLOWED ON DEPOSITS, which may be made at any time, and withdrawn after dve days' notice, and « ill be entitled to interest for the whole time thev may remain with the company. BROOKLYN SECVRITIE6 DEALT BBOADWAT, NEW YOBK. Member N. JAMICS TUKO. WM. S. 4.2d TALBOT WATSON SOUND INVB9TMENT BONDS furnished to guvBanks, Insurance ''ompanlea, Bxeculors auo of Bsiatus. and individual investors. State Bonds, Municipal Bonds, Railr<,ad Bunds, boutiiitaud sold. DBFAULTUll BONUS of Slates. Munidpalitlrs Tmstees UNITED STATKS BONUS. and Kailroad Companies negotiated or collected. Call aNI>T1.VIK loans made on United Statec Bonds and Kuod Municipal and Kailroad Bunds. FINANCIAL AOKNC V for railroad companies ano other oorporationa. Win also conduct the reoraanltatlon of railroad companies and other corporation!, whuee t)uDds are ID defauii.'.or whose property Is in the blinds of KecelTers or Trustees. RAILKOAU LOANS neKoilated. Circulars on application. PI1>EL,1TV No« 814 4 218 C;Ae»lJAI„TY CO., BHOADWAY, NMW YORK. at OMh Capital. taSO.ono. invested In U. 8. Gov't bonds. tiWO.OOO depo-lted with the .\. V. Isn. Dep't,for the- proteclion of Policy-holders. Asseii,, January 1st, 1^05, loiZ^u-M It. Officials of ^aiiKn, luiiiiuaui, alio n^ApresB Compa Diet, Manager*. .iecretaries, and i'lerkiot Public Com panies, lr,stltutionsKnd Cimnifirf^lHl Mrms. can obtain BOISDS OF MJRETY.SHIP trom this Company at mode ale charges. The bonds of ihis Company aie accepted by eourts of tbe various States t*ie DKPABTnENT. PolU'tes Isaued a,fainst accidents OA8I;aL,TV totally diSMh Full I'. formal ion as U) details, can be or of Company's Aaents KiruAU 8. Prest. Joh.n .vl Cka.nk. Seo'i HUB'T J. UIL1.A8, Aa.4't Secretary, Obtained at head WH. H. Cuusinu death OT Injuiies. intf rate.", *o., oftice. DIKKCTdUS: David Dows, 0«0 T. Hope O. q. Wllllami, A. S. Barnes, JJLT. »tranalian.U. A. llurlbut, ^"•""r';,. « pJ-n-^^ral'y?^ W. G. I>ow Charles Dennis Alex. MlWhell & Secretary. Assistant Secretary AND 613 CHESTNUT STREET, PHILADELPBIA. "TELEPHONE CALL Company. Burglar-Proof Safes t,^ rent al ^5 to $60 per annum. Wilis kept in Vaults without charire. Bonds. Stocks and other Taluables taken under guarantee. Paintings, Statuary, Bronzes, etc., kept In FireProof Vaults Money received on deposit at interest. JAS. LONG. Pres't. JOHN G. READING, V.-Pres't MAHLON S. STOh ES, 'I'raasurer & Secretary. D. R. PAl TERSON, rust Officer. DIHKCTORS.-Jame Long, Alfred S. Gillett. Joseph Wright, Dr. Charles P. Turner, William S. Price. John T. Monroe, W.J. Nead. Thomas R. Patton, John <i Reading. Wm. H. Lucas. D. Haves Agnew. M. D., Jos. I. Keefe, Robert Palterson. Theodor C. Engel. Jacob Naylor. Thos. G Hood, Edward L. Perkins, Phii.adhlphia; S»muel Kiddle, GLEN Rinni.E, Pa; I Dr. George W. Kelly. HAnniSBrRu, Pa.; J. Simpson Africa. Hn.NTixiiUoN'; Henry S. Eckert, Reaiiing; Edmunds. Doty, .viicpi.txTOWN; W. H. H. Davis, Dovlestown; R. e. Monaghao, WEST Chester; W. Chaa. Cooper, Allentowk. 7a7 NEW. ' We have conatantlv on hand h line of ct'oloeand selected County, City, School and nlher Municipal Bonds, which we have purcluised after a sirlcf investljiation by ourselves and also by able IcL-al onnseJ. The Brooklyn Trust Co. Cor. of N. W. HARRIS A. CO., CHICARO. TUB Kansas Loan & Trust Co. TOPEKA, KAN. Pres, GEO. M. NOBLB, Seo Ib the oldest and largest institution in Kansas. <lving exclusive attention to the Negotiating oj LOANS „t high rates CHOICE FIRST of Interest. It has negotiated over «?,(IOO.0O0 ^t these loans for Savings Hanks, Insuranoe Companies, Estates and private parties East. o»nd 'or T. B. sts., Brooklyn, N. T. authorized by special charter to act as receiver, irustee, guaidjan, executor or ad- SWEBT, H. L. Grant, is ministrator. It can act as agent In the sale or management of real estate, lollect interest or dividend", receive i-egKtryand transfer bonks, or make purchase and sale of Cvernmentand other seeoritles. Religious and charitable institution-, and persons unaccustomed to the transaction of business, will Hnd this Company a safe and convenient depository for money. RIPLEY ROPES. President. EDMUND W. CORLIES, Vic -Pre TRUSTEES: ,.,.„, Joslah O. Low, B. P. Knowlton, Henry K Sheldon. Alei.M. White, John T. Martin, C.D.Wood. A. A. Low^ Fred. Cromwell, Henry Sanger, No. 146 BBOADMTAY, NEW YORK. CITY RAILEOAD STOCKS & BONDS BOUGHT AND SOLD. See Qnotations nf City Railroad, in this paper . V m. H. MhIo, I"''^ P. Rolfe, Mich. Chauncey, E - Corlies Blpley Wm. B. Kendal],H E. Plerr6nont,Abram Ropes, B Baylis E. S. 6>a ,:^,.'=''"«' Ja8. Boss Ccb.ban, Secretary. Bailey, PINB STBEBT, DEALINGS IN INSURANCE STOCKS This bMi» has inpertor facllltlea for n Xing collM. ttou on all accessible points In the U ted Statea. Canada and Kurupe. Liberal terms lltended to A Cash paid at once for the above securities or they besoid on connnlasinn at seller'** tiptum. ; will N»w York CAP1TAI-, $1,000,000. T.**;*"* J"*" Designated iis a legal Depository by or.ier of Supreme Court. Receive deposits of money on interest. act aa dscai or transfer i.geiil, or trustee for corporaand accept and ex.cute any legal trusts from persons rir corp .rations on as favorable terms as other similar companies. J',',*i,'A\.^,?..!,'"'''"""SS:j President. y'BDKltlC^D.TAPPKN. Vice-President. lions, WAXTKB J. BRITTIN, feeoretary. ! MoQtank Block, 115 & 117 Monroe Street, adjoining First National Rank Building, Itrrular. Montague & Clinton This Company ; Investorti can rely upon securintr from us none but strictly tirHt-class and safe investments. Lists furoUhed upon application. MortKaue Loam* vn rea' estate furnished in Illinois and indtuna. MORTGAGE Mills Building. ?5 Wall St.. N. Y. aooounts of banliers and merchants. CoaKiwporti)itj«TH.-New York, I<r«;»al Bboe liMthar Bank: Union Bank of LonilciL 611 $].oro,non Authorized Capital 5Wi,tl00 Paid-up Capital Acts as Executor, Administrator, Assignee, etc., and executes trusts of every description known to the law. All trust assets kept separate from those of the A SPBCIAI.TV. (300,000 BUFFALO, Securities, DEAL! IN KY JOHN B. ncOEORGE, 20 Broad Street. Metre politan Trust Co., BuiFaJo, OAFITAI., Secnrilies, ALSO . 8.B.Chlttea. ManhattanvilJe Nicholas Ave. Brooklyn City KIpvated Ralliray A'."?' William a Cornwbll, fashier. Bank of HAMPTON, St. St. And other City Railway TllORNFLL, The Union Trust Co., 3d Vlce-Presldem ....Sec'yandTraas Authorized Capital Stock, $1,000,000. 600,00(t. Paid In inirs L. G. Presldenl B. P. LOUIS Vice-Presldeot Sid Y. Stock Bxebsnge , HENRY 1st Vice-Presideni NBOL.B7 IN. GAS QUOTATIONS IN THIS PAPBB. W. W. WALSn J»0. H. PKKNTI88, 8BII Dan. H. Arnold. fW. W. Phelps, (John H.Rhoades. D.Willis James.'Anson P. Stokes. (Robt.B. Mintmn, CharlBH E. Bill, JonJ. Astor, Wils'nG. unt, John A. i^tewarf Geo H. Warren, S. M. Biick'gham Geo. Bliss, Wni. H. Macy, 11. E. L wrence. William Libby, Clinton Gilbert, Daniel D. Lord. Isaac N Phelps, .lohn C. rown, Eras; us Corning, Edward Cooper, Samuel Sloan, S. B. Chitlenden, W.Bay'rdCutting James Low, Chas. S. Smith. FINANCE COMP'Y, Sonde AND AU, KINDS or ' JOHN C. SHORT FRANCIS A. WHITB Railroad Stocks and Street Thomas Si' 'Comb, I BROOKI.VK. AND a legal depository for moneys paid authorized to act as guardian or ravf^TEES: Com panies. ST., OAS STOCKS S2,000,000 3,701,436 Executor.'*, administrators, or trustees of estates, AMERICAN 96 mONTAGUE «08 STBEET. -j^ - . AND YORK. and fenjaie* unaccustomed tothetiansactiouof nusiness. as well as religious and benevolent institutions, will find this company a convenient depository for JOHN A. STEWART, President. money. WILLIAM H. MACY, Vice-President. JAMES S. CLARK, Second Vice-Pres't LONDON. RATT.WAT IT^VKRTMRVT United Srates Trus Co. receiver of estates. THKBAONBEULB STRBBT. 1 Geo. H, Prentiss & Co., No. 49 ITAIil. SX., KKW YOBK. Tliis BANKEKS. A. F. (RQrTTABI.E RTm.niKO TOMPKINS, Trust (£/Otap^nitB. Into court, FRANKPORT-ON-MAIN. fiKRMAN^. SOW, &. NEW YORK. ^pjectal ^injcstmciits. Euscbede-B. W. BLTJDEN8TEIJJ, JK. Almeloo— LEDEBOER & CO. Traofact a Kenrral Banking and Commission Business in Bills, Stocks. Shares. Couiious. <bc. MVM.ER H. PINE STREET, No. 12 WissEL-en-EFFECTKNBAKK. Botterdam— De L. ADRIAN Secretary. .yjtwYOBK DiRKCTORS—Joseph W. Drexel. A. I lopklni, H. Victor Newcomo, John Paton. Daniel Torrance. Kdw. F WInsInw Krastns WIman. D. J E. C classes of ON BROADWAY. NO. Ill all WEDNESDAYS AND SATURDAYS. HON. JAS. FERRIBB. EnwARD RAWLING8. YORK OFFICE: 8IKAI.KX. T. GALT. ManaKlng Director: raplUl of STOCKS AND BONDS, Vice-President: President: Threadneedle SALES pShf?ffi':;;;;;:;::::"".:"::::::-"""""**oo;o»^ 214,0Of Oepoilt with insurance Department 1861. KEGULAR AUCTION The Underslened hold OF NORTH AMERICA. BLIJDENSTEIN & CO., niTBBDAni, - - - - HOtliAND. .'e At Auction. The Guarantee Co. „ B. W. & OTHER BUSINESS. irO Bankvereeniging. No. 55 Jtucttou *alcs. f^itiancial (^ompnvies. fF.'OVciQU UauTicrs. Established rVoL. XLII. Farm Mortgages of $100 and Umvards on Indiana and Ohio Lands. NOTHINQ SAKER. ALWAYS PRO.MPTLY PAID SEND POR PAMPHLET. JOS. A. mOOBE, 84 East market St.. luiUauapolls, lud In Sams \ JANIARY THE OHttONlCLE. 1880.] a, illjccinl Ittticstmettts. New I rAIMTAI., »I50,000. ISCllHI'llHATItl). OfferH rnrotitlly KOleeIdd 1i>wh and Ka.iturn KAnsai Farm M ! '^iik-''. ItittTcst H luH ptT cent. Socurttj in. Alsu fur suly (i per IhrtT it'tl by three (i*) Utiie* ooiii ec loWH .MiirtKHtfeH. All '"r piirtlculfira or : \liH.VKS. lOWft. .1 . *»« ,.1 ^ M. r. MOKT- il.ANI) ret. II Ai. 1 II. , :-MI MII.L8. President. I II. 11. J. St., St.. l)r..ii.l .'DBruad N.Y. N.Y. Uan'som, Cashier. lhL'bHiiilnKliouHO<.i .M.'sMtr*. WINSLOW, LANIKU & CO.. ci»riu'r of Na-'-.iii nnd i-dar Street-'. Now ( York City, nuaiid a Hit January Alloghuny Vulk^y H;ii!i->iiil Co.— Merchants' Nat'l Bank, IflOINES, lOAVA. Iniliiiiiji Co.- Sdoto Valley First Mortffafre pur cent ALBERT C. ^WIML. IVOYES, NASSAU STKEET, No. 21 IlKALF.R IN RAILWAY STOCK§, Gj^S STOCIvS, TRUST €0.»S STOCKS, CITY TELECiRlPH STOCKS, Bank Stocks, Insurance Stocks. my quotations of Trust and Telegraph Stocks Evening Pott and Daily indicator. See In Saturday's ' 11 • , Special attention given to C08 un day paid. Bank and other Stocks Bought and Sold. BLAKE ic CO., Private Bankers, P. O. Box 320. minneapoIU, ninu. Banklnc Rouse of NORTH- i I CARPENTER, KEHBH Troy.N. V. Keor^'.-mized Kstablij'hed 1.S24. Ea.slern Hepresentatives 1868. ut the Jk WESTERN NOKTHVVESTERN ui;akanty loan co Minneai)oiis, Minn. AuthoreUARANTEE of liod capital. fa,000,0<JO. Paid up Real Estate capital, faoO.OOO. MortKaifes worth from two to LOAN four times the amount of morlCOMPANY. to 8 per Interest ffase, netting investors ct. Guaranteed by Co. payable ut our Banking House. the weistern i ^ Farm Mortgage LAWRENCE, KANSAS, Off rs ,AGa I>OANS UPON Fl FA:. tarU; JMPUOVKn on day of oiaMyplacec?. Large rcular, references >,-^, Preaident; J. T. ftCdsanii WAKNK, \ ici'-rr<_'st i-. m. ri'-ivKINS, Secretary; CHA8. W.OlLLKTT.Treas.: N. F. U A UT. Auditor. .si j,nd i)riT,iMi;L! i.atd - a. ftxpeiieri _. ' > .; Loan Moist Letter Copying Book, rl*alenteil MFORin t £. * , 20th, 187^.) SAVES TIIWK, NO WA'ri:B. NO BKUSU, ALAVAVS HEADY. L. FARGO, Sole Manufacturer, 106 LTBERTY ST., NEW YOBK. December H. 31. S. OODEN, Assistant Treasurer. QFFICE OF WELLS, FARGO dcCO.y , Broadway, Nkw YoLtK. Dec. 20, 13?5.— regular semi-annual dividend cf FOUR CENT has been declared by the directors of this company, payable Jan. 15, 1888, at our office, as above. The transfer books will close Dec. 81, 1885, and will reopen Jan. 10, iss6. H. B. PA KJflONS. Assistant Sec'y. No. 05 ' (Is. PER The '. Marion. Imliana— Wat -rwt.rksSs. Muni<;ipHl 53. Ma^Mlluu \ Cleveland RK. Co.Kirst Mortgaiie 7s. Muncic. IndianaMunicipal *iA. Northern Pacific Terminal Co. Of OregonFirst Mortgage ^iiiaixi:ial. tis. Peru, Indiana— Waterworks iris. & Ciiicago Railway Co.— MortgHge 7s. series "A." Second .Mortgage Ts, scries "G."' C instruction Mortgage 7:*. Quarterly Ulvideod ot IK p. C. Special Guar. Pittsburg Fort \Vavn» Scinto County. UridueSa. chiUlren'8 & Toledo t'iryt St'k. Ohio— Ohio Central AND PREFERRED, COmCiflON Home Ss. Turnpike 8s. Traverse City Railroad C'l — First Mortgage 6s. Wheeling, West Virginia- BOUGHT AND SOLD BY J. 6s. JANUARY 5. Blackford County, IndianaGravel Uoad 78. _ Pittsburg Fort Wavne A hicago Railway Co.— Regu ar Stock Quarterly OWiaend ot \H per STAIVTON, S. 16 AND 18 RROAD Vermillion Countv. IndianaGravel Road 7s. & Reed INTEREST DUE JANUARV 1, Duncan Building, Cor. THK isse. on the loUowiiig bonds will be payable at -I- the banklnc house of K.mritze Bros., No. P^O Broadway Kquitable Building), New York: Arapahoe County. Colorado, School Pistrict. No. 1. Boone Countv. Nebraska. Boyd's Opera House A.^>oolation, Omaha. Buffalo Countv. .Nebraska. Chiiteau County. Montana. ENTRANCE Flagg, Nassau & Pine Sts. PINK STREET. No. 11 ( Citv i>f Corpicana/re-va-*. Custer Countv. Mi>utana. Dougtas County. Nebraska. Henrietta, Texas. Idaho Springs, Colorad". Water Bonds. Kansas Citv. Missouri. School Bonds. l^ewis and Clarke County, Montana. Meagher County. Montana. Missoula Countv. Montana. Madison County, Moutiina. Naturita I-and & Cattle Company. Omaha Citv, Nebraska. BROKERS AND DEALERS IN Bo IV r> s. STATE OF ARKANS.AS FUNDED 6s. TOLEDO & OHIO CENTR.\I. RR. Comtuon aud Preferred Stock. CITY OF EV.VNSVILIiE, Rapid City. l.>ak..ta. Scliool District, (irand island, Nebraska. Scli-ii'l District. OMlnnihiis, Platte Co., Nebraska. South Ouuiha Land Syntiicate. ST.. BCILIUNQ.) -New YnHK. Dec. 21, 1SS5. Coupons due Janua'v 1, iN^ii. from bonds of the follnwin^i-named ctnn panics will bo paid on and after Januarv y at tliis .-tlice <"eniral I'aciflc UU. 1st Mortgage. Western Pacillc UU. Isi Mortgage. California Jc Oregon Ult. 1st Mortgage. Northern Railway Nt -Mortgage, San Francisco Oakland & Alameda KR. 1st Mort- Couutjr Sc Ne«v ITork IND., 6s&:Ts. Tonu Bonds of Illinois. & Orecuivood I.ake RR. First Mortgage Bonds. Pittsburg i!. Western RR. Ists. EAST TENIN. VIRGIM.l A; GEORGIA. Funded Bonds. '>Ntckcl-Plate" RR. Equipment B'ds. BOUGHT BY : \<\\. 1-' ^i. .. ....... .. Stockton \ Cop|"-'i-p' Southern Pacitic UH, tKage. Mortpatfe. 1st Mortirage. S'.uthern Paciilc UK. llarrishur;: Western Division, ^d >! Louisiana Western UK. Morgan's La. A: Te.va.(.'ai-'c 'I percent ^jiilo Railway ont. ...v. ,v .^. .s. Co. Ist Mort- U^'n'!^- ll-lders i-f 10 or more Coupons Can leave tbem fi'r e.xanuiiation and r. ceiv« payment on the day follow- TlMorilY HOPKINS. ing. IfleuipUIs terest on all New ' York. 6c Little Rock RR. Bonds. Blriulusliani City, Ala., Ts. AndpiiscclIaneous^Securltles. BOUGHT AND SOLD By R. 24. 1885. of this institution have declared Insums remaining on deposit during the months ending Dec. 31 inst., at the rate KIRK, Carolina Central RR. Bonds. Nortli Carolina State 6s. SIXTY-NINTH SKMI-ANNL'AL DIVIDEND, The Truateea &. Atlanta Sc Charlotte \. I.. R'r Bonds. Rlcniplils ic t'liHriestou RIt. Bonds. Treasurer. jlTANHATTAN SAVINGS INSTITUTlON. New York. December TOBEY 4 Broad Street, A. 4 LANCASTER Wall ii CO., Street. HiOTICE. The underslgnea have beea nominated by three or six of THRKE appointment ; i ST. ct. 20. special COMMKBCIAL AOENT8 FOR THH AND ONE HALF PER CENT PER KORBIUN BUSINESS OK HIS BXCKLLBNCY This Book," the great annnyance of W" 'loths, Ac, Is done away with— the ANNUM on *50«> and under, and THREE PER THE VICEROY OK THE PROVINCK OF CHIHLI. bo all times to copy finy number yii letCENT PER AN.NUM on the excess of $500, not ex- EMPIRE OF ClirNA, ters at .i(Uf. I'artles using name pronounce It the ceeding $:i,t^- Payable on and after the third Monvery thing they want; the copies are clear, distinct CO., RL'SSELL. day in January next. and uniform. KDWARD SCUBLL, President. 6U Wall St., N. r. Prices Reduced. Send for Price List I C. F. ALVOKD, Secretary. I I November COPIKIS. CO. TWO AND HALF Louisiana National Bank of new OrleansSemi-annual Dividend of 4 per cent. Marion County, Indiana— Galveston , f STIRLING, Treasurer. OFFICE-. Ma. Amador Branch THE NEW YORK R. UU gage. pXisjcellaueutis. iu Chicago. Hancock. Mich., Dec. 13, 1885. regular quarterly dividend of ONEper cent on the capital stock of this corapany is payable January h, 18H*J, at the ofllc<! of this Company, Hancock, Mich., or at its Iftinsl'er agency In the City of New York, to stockholders of record Co», OFFICE OF THE SOUTHERN PA(MlLL'8 CIKIC COMPANY. No. 23 BROAIJ the be»t securitlcB In the market. \ Per Cont, (making 6 having hcuu declared on The S>'UtlM?rn Park7 3-10s. L'nUn B». I^auiar. Mi.'*souri— County Ki;it.i>iN<i, .Dc-c. 28. 18S5. 5 RANGE RAILROAD MINERAIiGENERAL ludtuna— Countv 7h. Hancock ro\nity. Indiana— ti ravel Koad «s. Indinnapoiiit. Indiana— JANUARY Investments. a°ve^d ai^y^fSIr??.""- ' iiiiiuiui) \V. UK. Co.— * /^ i>(?r company llauiiltun County, Compromise Minneapolis, Minn. III QUAKTERLV DIVIDEND OP cnpiral stock or tliU company, Haiiie will he l)ayab]o to Ptockliolders of record ou Jan. 1, 18s(j, on and uflcr.rau. 2 at the ofUce of the Grant County, Indiana— Gravel Hoatl 7s. SValur E. UAOUFIELD, No. 51s Plue Street. oonao mated mortg. tlift School *is. Logansport. Indiana— Bonds. Boathern Securities. llfBt ui<»itgiig«. ONE AND ONE-HALF Dayi-M — 8da. niortguirc Jlrrtt (3. C.) Cnn;A<iO, NOTICE.--A Fire Departinout 7 3-lOa. i.oan 7 :i-IOs. SUiabetta City C Hovohb fi — Kirf*l Ali>i-l>:u^'o 7». BOUGHT AND SOLI). WANTED: 2<l lUOlt. 10I.IET MTEEi. COMPANY, Ci>iui H.iii'-.' .'>s. Hapul'* \ Indiana Investment Securities ChlcMJfO lllf* .V A D.ikota Central KU. of H. u>. Kranki. School Ills. School «s. 1886, will at the office of N. Y. .lu 8t., DiiliiKiit*' Mium-loal 7 :J-ln>. Uecatur, llllnolH— Municipal 7h. I»anvlMt'. indtanti " J Norilie^Miem UK. - Gr«nd New Bonds and Scrip. Rome Watertoirn 4 OKdenaburg lata and OaweKO A Rome Ista. Stc, Joliet Mice) Coriipan.v tlrht niortgago, Jolict Steel (.'oniitHuy nccoiuI niort-.-»^o. nuiuiqiH-ac sioiix City Mint inorKage. VwM CoUiiultus. iiinltirlTig Jiin.. 1. In ht. l.oill- .(;irK-.oTi>. Second .Mnilyii;;(. "i^, Clni'iiirtati Mniiiilton .<b |nd. Rallrotu) Co..M..iTkMk'.' 7h. Ciiicifitiiiii Kk^liiNi'iKi .\; Chicago Hallroad Cu.— Pir>t M..|-ti:ii;:.- 7^, i Capital, »1(io.ooo. Prompt and caroful attention Kiven to all corrcBpondence. Colleciiuna made upon Xavorable terms, 1KH<J; i?. Flr«t MdrtjiaK.! 7:{-ln.'*. ColumbuR.St llockiiij Viilloy Killln)art j(,.|,,...l DBS Jutcvcst, pivUXtn&s, and uividendn ^TOTlCE.—COl'PONfl OF THE FOL* on the fullowtng tx'ixlAaiKl stoc-kn are payable at lowlnu' Im.imIm. Mortgage & Investm't Co i1 Stc. ^riiE i%Ti:Ri-:vr England thi-'. %uUKcst, §ivi&en&s, & THE CHRONICLE. l-Fer Cent Farm Mortgages WkU Oorbin BankInK Co., 115 B'dwar, 4«ian oils altentUin to these Investments. There Are no safer securities in the mtirket than these first morticaAii loans on improved farms atone third their value, when owotlatfons are conducted by rehaole parlies. ^ ^ _^„_ ^ of more than 40*000 trans representing investments in excess or century, of a third covering a and •^3.000,000, are here tubject to examination. To luch as cannot make personal examination, we will send full descriptive pamphlets, with names and addreaaes of Investors, to whom we refer our customers for a long series of years. I>ecember aTs^ hatch & CO.. IVassau St. No. a Limited Amount of the Post OIHce Box 380. AVe Offer Chesapeake&Ohio 6s of 1911 SECURED by a FIRST MORTGAGE OS THE PENINSULA DIVISION of the CHESAPEAKE and OHIO RAILWAY, extending from Riclimond to NEWPORT NEWS. 15 miles, DREXEE, & Preferred Stock of the said new Company for each $1,000 bond. For each share of stock of the Denver & Rio Grande Western Railway Company on which the asaessinent of t^ per share shall have been paid, a share of common stock of the new company and $13 in the preferred stock of the new company. Above holders are requested to deposit their securities in accordance with the above agreement, against negotiable receipts, with the United States Trust Company of New York, No. 49 Wall Street* <'n or before the 15th day of January, 1886, after which date the securities will be returned tu their respective owners, unless sufficient bonds have acceded to the plan u> make the agreement operiitive. For full Information as to terms and conditions of the arrangement, reference is made to the agreement, of which copies may be obtained upon application at the offices of The United States Trust Company of New York, No. 49 Wall Street, and of A. Marcus. Secretary of the Committee, Room 17, No. 53 Exchange Place. The undersigned have this day formed a copartnership for the transaction of a general Foreign and Domestic Banking Business in Philadelphia and New York, under the firm names of DREXEI. & DREXEI,, MORGAN & ANTHONY J. DREXEL, PIERPONT MORGAN, J. HOOD WRIGHT. GEORGE C. THOMAS, GERGE S. BOWDOIN, The Bondholders' Committee for the Reorgranization of the DeiiTcr & EDWARD Rio Grande Railway Company Notice is hereby given that the time within which the Stockholders of the Denver & Rio Grande Railway Company may become parties to the reorganization agreement dated June 10, 1885, as amended, is extended to JANUARY 8, 1886. After that date the stock will only be received at the tJnited States Trust Company of New York, upon the payment of 1 per cent of its face value. New York, December' X9, 1885. By order of the Committee, A. New York, Dec. 7, PAKts. December 31. DREXEL, IIARJES ^k CO. 31 Boulerard Haussinaii, ParU. DREXEL & CO., DREXEL. MORGAN & MARCUS, this address, in co-partnership, o Per Cent Debenture Bonds, BLAKE, BOISSEVAIN & With Mortgase Reservation. MU. H. Principal due 1904. FOR J. DELANO Y MEYKR A. A. H. me of ten (lo) cuu^ oris, ^on. 6 to 15, inclusive, eiw'h bond, in accurdance with the plan of Aug. from 27 for the adjustment of interest and assignment of coupons on said bonds, there havinK been placed in my bands signtituresti. this plan representing more thun oo»-taAlf of the uutstanding bonds uf said company. LOUIS H. MEYEH. Trustee. 8=% ^0 Due 1900. ptHHted under he laws of Iowa, with a Capital Stock of SltOOOtOUO. tui-ceeding Okmsby Bk<)s.&Co Enimettsburg, Iowa. OKM^Hy,CLrTK&Co., Mitt-hell Pakotu, t»KM»iii', GKAVf:a & Co., Huron, Dakota, Bankers and Mr>rt(ra«e Brokers, oner Ouarauteed Mortgage.**. l>ebcnture uiid School Bonds. Their De- mand Investnient Certttlrates.druwink'S porct^nt are attractive for parties with funds idle for a '^hort lime. 20 years' experlenee. Write for pamphlet. On lown. J. JttOitTGAHES. Improving; WcHtcrti l>roperty wuli I .!( . •Hi.,., viiluo treble uitwn tis of Loan cent. Inconit; b1»i) Bunmiiteea |ifr Bu- I'stiikllKlied aiK.li-. .i.i.M.Ms i 1.1 li merchant-) of Minneiih.soUitely secnre months. affortlum i lo '^ per cont in jHlvance. UftV-r t<i Nat* Bank of I'oninii'rce. .Miniiuapollx ; chemiiul National' Bank.X.n **< I' VCHt] 1 V..I'.,. L,. name Sc K. M,icl,,-an. Banker, 43 >'-" lork. dealer in approved InId apply for purticniars. lealer In Ileal Estate & Mortgages, KVHIV, WATERS, N. Y. Stock Exchange. WILLIAM Member T. LAWRE.VCE, of the N. Y. Produce Exchange. R. T. Wilson & Co., BANKERS AND COMMISSION MERCHANTS'^ 2 Exetaange Oonrt, Nenr York. STREET. John G. Moore, w. K. Kitche.v. & o. B. schlet Schley, BANKERS AND BROKERS.i 26 BROAD STREET, NEIV VORK* Branch Offices Connected with Irving a. Evans A Co. 72 Wall St., New York, 114 So. 3d St., Pblludelphis. iiS State Street, 1410 ¥ Street, Washington. Boston. Private Wire Connections. Buy and sell Stocks, Bonds und Miscellaneous ^^r : 5s. 7s. Gs. curlties Gs. on New York Exchanges, also Grain uiiu Provisions on Chicaj;o Board of Trade. & Spencer Trask Bankers^ Cs. LOEB & 1S86. .Street. R. Member of the Moore or. S.itul 2, LAWRENCE, JOHN Central .5s. Chicago Bock Island & Pacific 5s. Missouri Pacific 6s. Louisville & Nashville January of AVATERS New York Albany & Susquehanna Hannibal & St, Joseph Y'oiiK. COPARTNERSHIP' begins this day at 31 Broad INVESTMENT BROKER, CO.. 30 Nassau Street. I f Co. ROBERTISO.V, No. 7 N.ISSAIT BOISSEVAIN. BLAKE. between the undersigned for the transaction, of a banking and brokerage business, under tlie firn January aud July. Chicago Milwaukee & St. Paul Chicago & Northwestern 6s and Office, 150 XaH.Hau St. SELECT FIRST Interest New GENERAL A Interest guaranteed without condition by City of Moberly. Particulars on application. t New York Wall St CO., 54 TOTAL ISSUE, $100,000. COST OF WORK, $125,000. The AmcHcnn InTedtmeui Company, incor- Home Oaice» EmmctsburK, F. B. Works FIRST mORXfiAGE SIX PER CENT BONDS, Grande Western Kailway Company, upon deposit CO. sign for our STANTON BLAKE, FOR SALE. & will Co., Nos. 16 AND 18 Broad Street, Transact a General Banking Busi'neatl Fifth CullectloDnsollcilcd and remitted for at loirest ratmi KKFEKK.VCKS: ^_„ „ JMUaoal Commenial Bunk. Mobile; Commercial , Write S4 Avenue nadlson Square, -wr'^r'ii'ci'i^Tfii'f'iir " -• lixi:haiiKe Vlacc, ,\<-w York.:: " SiiUa'clepbooe caU Kcw 817." __7 ' "j^ Branch Offices: HOTEL, Bank, i^lma. Ala. . The Connected by Private Wires. NEW ¥ORH. Largest, Best Appointed and Most Liberally '^«''"»' MdTXh^M'L'oUJo^'^''^-'''''^'''' ^°" — .— i firm hy procuration. SALiE. CHARLES UNGER & [ J to carry a business at the under the style of eral will hereafter be delivered, and interest up to Sept 1, 18M5, paid un pa»t duu coupuns of Denver Kio with CO., JOHN II. HARJES, EUGENE WINTHROP. 11 Ooi>THAi.i. E. Ist January. I88«. Moberly, Miggonri, Water ENGRAVED CERTIFICATES 1885. Court. LoxDo.N, C. !|?1,5>00,000 "WE BEG TO ACQIJAINT YOl" TH.AT we have day commenced on genNew York Central Banking and Commission above 1885. TO THE BONDHOLDKUS: 8TO FES BURY, The undersigned will continue the copartnership now existing under the Arm name of Secretary. DeuTer k B, St., T. JAMES W. PAUL, Jr., CHARLES H. COSTER. For further particulars apply to No. 21 Nassau CO., NEW YORK. J. B.C.MARTIN. of I^OV'IS H. niEYEB, Trustee tJ. Mes.ern R'y Mortgage, CO., PHILADELPHIA. Cummittee. eillce CO., NEW YORK. altogether. COPPELU LOWBER WELSH, THEODORE GILMAN WILUAM A. DICK, f CO., mORGAN & DREXEI,, vance price without notice. Good bonds that will yield 6 per cent on the Investirent are now rarely to be had and witli the growing demand for securltlns, opportunities for such investments must soon disappear GEO. J. ] PHILADELPHIA. and 10 THE HOLDERS OF STOCKS AND I>XERKST 6 PER €E.\T., PAVBONDS OF THE DENVER A RIO ABM: APRIL AND OCTOBER, PRINGRANDE WESTERN RAILWAY CO. CIPAL. DUE IN 1911. PRESENT riglit to adThe undersigned Committee of Reorganization of PRICE PAR. We reserve the & Ulo Grande Western lUilvray Company have entered into an arrangement with the Committee of Reorganization of the Denver St Rio Orande Railway Compitny for an exchange of your eourttles upon the following basis For each First Mortgage 6 per cent Bond of the Denver & Rio Orande Western Railway Company with all Its unpaid coupons, a First Mortgage Consolidated Gold Bond of the reorganized Denver Jk Rio Grande Railway Company for an equal amount. bearing interest at the rate of 4 per cent per anuum. with coupons commencing tu bear Interest from the first day of July, 1886, and at the rate of $000 in the i fore existing in Philadelphia and New York under our respective Arm names expires this day according to its terms, in consequence of the death of our late esteemed partner. Mr. FRANCIS A. DREXBL, on the 15th of February last. MB. EGISTO P. FAB8BI. to our great regret, decides to retire from active business, owing tu the condition of his health. valnable terminal propart.r at Newport News. the Denver i SI. 1885. 6 Per Ct. Investments "piIE COPARTNERSHIP HERETO> Office of . Record evidence actions, II. NEW VORK. PniLADEI.PHJA AXD Good X f^inn^ncinl. l^luaucial. ^iuatiJclaX. and experienced [Vol. HITCUCOCK, DABLINQ A CO. ' Philadelphia, 133 South Third Street. Albany, N. Y., 65 State Street. Providence, R. I., 13 Westminster St, Saratog*, N, Y,, Qrand Unioa Hotel. financial; xmitk HUNT'S MERCHANTS' MAGAZINE, REPRESENTINa THE INDUSTRIAL AND COMMEKCIAL INTERESTS OF THE UNITED VOL. SATURDAY, JANUARY 42. C O N T E N T 8. Excluding THE CHRONICLE. The Fiaaucial Sttimtlon 2 BoDil Call imil ItKSlv'uillcaiice. Cotton Competitinu Not a Cause of the Decline in Price Cost of Uovernlng New York 5 and Twelve Months Ended 6 with November, 18 15 Monetary and Commercial 7 Commercial and Mlscellaueous THE change, U.S. Securities, State and Railroad Bonds and Btoctcs Range in Prices at the N. T, Btook Exchange 12 9 13 24 24 11 I Railroad Earnings General Quotations of Stook.s | and Bouils [nvestmeut and Railroad H 14 New York Sale* Breadstujls Dry Goods 1636,731,152 21 CHRONICI-B. SntKscriptlons will be continued until definitely ordered stopped. The pnblisliers cannot bo responsible for remittances unless made by Drafts or Post Office Money Orders. A n^t tile cover is furnished at 50 cents: postage on Volumes bound for Hub.icriiwrs at tlie same is 18 $1 00. Ofllces In England. The office of the Com.mercial and Financiai. Chronicle in Loudon is with Messrs. Edwards & Smith, 1 Drapers' Gardens, E. C, where sulisoriptions and advertisements will be taken at the regular rates, and single copies of the pai>cr supplied at Is. each. Tne otllee of the Chuosici.k in Liverpool is at B 15, WILLIAM B. DANA. »A. JOHN O. FLOVD Exchange Buildings. IVILIilAin B. D.VNA &. Co., PnblUhers, YOKK. 79 dc 81 William Street, NEW Post Office Box 958. $811,593,574 +45'4 (1,075.921) (3,430.3711 .•+79-1) (451,600) (-12-0) (+14-1) (48,801,000) t+sre) (PetroUum,.bbls.) (3«,a30,000) (27,181,000) (-M7-0) (45,659,000) (-18-0) 160,353.360 4,865,800 1,303,885 818,025 716,001 688.348 380,470 $53,935,754 $84,906,642 0,429,700 1,499,052 864,749 796,377 1,011,796 560,303 +230 613,878 549,587 645,162 432,962 +22-9 +13-7 +11-5 +88-9 +31-2 +6-7 -9-8 Providence N autlmore Total Middle.... $61,136,872 +81-9 $95,068,618 +230 $33,956,649 6.633,787 9,228,338 +35-8 -1-8 +0-2 $64,187,427 7,487,385 11.6a3,988 +9-8 +9-3 -0-9 61,882,091 $49,818,774 +?4-2 $73,358,760 +7-9 (42,910.812 7,803,100 8,883,737 2.651,818 1,218,018 1,813,173 1,»75,021 $33,074,564 7,201,950 3,121,589 2,053,6X0 +29-7 +18-9 +4-7 +88-8 1,386,908 $53,251,812 9,184,800 4,060,818 3,588,237 1,559,812 2,609,932 1,830,121. + 10-3 778,410 +13-4 +49-6 Cincinnati Detroit Indianapolis. statement of clearings covers a broken week the figures embracing only five business days in both years. There is, of course, a considerable decline from the total for the previous full week, but this is accounted for through the loss of one day's transactions, and also through the slackening of general mercantile business, usual during the holiday season and prior to the beginning of the new year. The returns are of a favorable cliaracter, however, and in comparison with the corresponding period of the preceding year the improvement is very marked, New York exhibiting Tlie present 036,786 733,068 2,020,744 »64,5 18,298 $52,379,963 +23-2 $79,728,602 +14-8 $14,010,562 690,666 10,183,387 3,401,038 4,132,052 1,607,563 1,825,588 $12,664,949 482,224 +106 1,542,133 +43-2 -6-6 +6-6 +23-6 +4-2 $15,355,707 971.334 +6-5 +76-2 +16-9 +11-8 +14-6 -17-6 $34,030,318 $32,127,667 +5 9 $39,811,5:8 $8,826,041 $7,849,864 + 12-4 $11,646,073 -ei $880,541,137 $611,673,853 +440 $1,111,206,036 +35-4 $243,810,035 $203,312,030 +19-9 $299,612,402 +111 Denver* Louis Joseph NewOrleam Louisville Kansas City Galveston* 55-9 per cent, Philadelpiiia 35'8 per cent, • all New York Not included 2,901,723 10,904,930 3,191:313 3,811,988 12,936,950 4,492,583 4,220,124 1,834.820 2,177,232 +10-4 in total. We have received by telegraph the returns of exchanges with this (Thursday) evening. The compare with the same number of days in 1831, excep t at Boston and St. Louis, at which places New Year's Day is not observed as a holiday. The exhibit, while less satisfactory than that for the four days of last week, is of no particular figures significance, as it covers a period when all mercantile affairs are unusually quiet. and Stock Exchange share transactions for five days cover a market value of $99,268,000, against $62,373,000 for the corresponding period a year ago, and, pursuing our usual method of deducting double these values from the New York totals, there remains $439,195,153 and $238,815,823 respectively In the two years representing exchanges of other origin, or an increase tids year of 40 '3 per cent, 8,047,030 +101 +30-8 for the four days ending .Tour Boston 23'9 per cent, while in the aggregate the excess reaches 44 per cent. In contrast with 1883, there is now a gain of 4'4 per cent, and the increase over 1882 reaches 0*7 per cent. In Sola 0/ speculative circles there has been much less activity displayed, Boston particularly in stocks. 1,660,174 1,127,878 2,701,033 Total Western... Outside +891 -51 2,816,853 Peoria Total +58 + 16-4 -12-2 +9-2 +30-9 -14-5 +29-5 Cleveland St. +28-1 +81-5 +4-6 +10-8 +48-3 +11-8 171,523,289 Chloago St. 3,744,100 1,168,929 $48,125,089 8.511,812 9,245,190 England Philadelphia Pittsburg Total Southern.. CLEARING HOUSE RETURNS. New York +55-9 (447,500) San Francisco an increase of $408,361,823 (19,998,000) ^ ? 19. PerVm 1888,400) Total Terras of Subscription— Payable in AdFance For One Year (Including postage) *10 20 dii For Six Months 6 10 11 28 European Subscription (including postage) Annual subscription In London (including postage) £2 7s, «1 Ss. Six Mos, do do do These prices include the Isvestoes' Scpplembnt, issued once in two months, and furnished without extra oliarge to subscribers of the 1885. (Sja.HIO.OOO) 29 30 Worcester Fis.'tNCiAL Chronicle is published in Neio York every Saturday morning. Entered at the Post Ollice, New York, N. Y., as second class mail matter. ] Week EfuUnt Dee. PtrOent. (Cotton.... bales.) (Grain... bushels) In- The C!ommercial and cents. per (+48-2) (-13-2) Lowell I is 11*1 o/— TIMES. | and 1882 26. 15 telligence I increase over 1881 of 1883 1884. 1888. (l.iBS.OOS) New York Banks THE COMMERCIAL Oommeroial Epitome Ootton News j I now an Week BnMTit Dec. 9 News BANKERS' GAZETTE. Money Market, Foreign Ex- is cent and 4 per cent respectively. Iniporta and Exports for Novcinber, and for the Eleven 1 Enjflisn York, there 19-9 per cent, while the gain over CleariogUousp Returng aty New NO. 1,071 1886. 2, STATEft, stock (etu.) Total Balance. Conntrr* ToUlall * 1884. 1885. Philadelphia Baltimore Chicago St. Louis New Orleans Outside Dayi EfuUnQ Dec. New York $441,677,693 $403,862,455 (1,387,127; (1.158.692) +61,304,819 38,681,158 58,194,128 31. 4. Percent. D'ye End'a 1885. +9-4 Dec a*. PerOent $.105,234,084 +S0-S (+15-7) (1,317,928) (+61-3) -11-8 +4-2 -16-2 +2-6 83,144,074 37,390,962 +24-6 +a8-4 7,414,397 33,898,000 -4-8 +27-1 + 004 11,038.164 8,340,894 +ro +8-8 +10-2 $65«,46>I,07B 6,842,863 82,138,670 8,163,175 30,372,000 119.686,931 10,891,758 8,466,345 10J!87,402 8.190,230 $882,538,436 44,076,635 $550,463,881 40,006,001 S«,0B9,9M +42-9 +10-8 626.813,071 $690,409,882' +6-1 $71«,6«0,0SB +89-7 »ltU.il.'W,37.l tlljUS.X'17.427 +0-9 fim.t>v.9ii' J-18 HstimatM on the basU ot the last +3-4 weekly raturos. t -3-7 ParUj estimated. 8 THE CHRONICLE. xcn. [7iu. bought here on European account. Altogether, not for the investment demand for exchange in were TBE FINANCIAL SITUATION. seems no reason at all for the continuance there progress, consteadier The money market has settled back into a high rates. The Bureau of Statistics present the even of the by as indicated dition this week, though the demand, statement for November this week more active than two has issued the trade rates for bankers' balances, has been merchandise balance only about a per cent and although it shows weeks since. In fact, the average rate rose from 2^ same month of 1S84, the net, the for was it wholly to the half of what on Monday to 3^ per cent on Thursday, due movement, is still about 13 silver and gold the including of the year. An special requirements incident to the close for the last two months about and favor, our millions in year is opened easier market is anticipated after the new com- 31 millions; that, with the large takings of our securities dividends and interest for and the disbursements months, does not encourage the interior is by Europe during the same mence. For the present the movement to the have any relation whatever to shipments gold that idea becomes apparently at an end, and until the weather The Bureau's figures for two years we requirements for pork trade movements. securities if it colder not believed it is the that even then the supplies at interior distributing centres may be found sufficient, unless general that acbusiness also becomes active, and the demand oa. bonds $10,000,000 for call The count more considerable. packing will be urgent; assuissued by the Treasury department on Tuesday gives of these redemption the through supply new rance of a securities, so that the banks will be able to accumulate a further reserve against future needs. 1 per cent below the Bank rate, to 3 per fell early in the week, trade and specula- indicating the continued stagnation in in bullion has ap- The outward movement peared to be limited since the Bank minimum was advanced, notwithstanding the new Argentine loan, but Thursday afternoon the large sum of £500,000 was reported withthere is good evidrawn on balance from the Bank dence that the recent drain to Germany was for other tion there. ; Gold Mehchandise. Year, i^-^"-'"' ! Ex £xpoi-ts.' Importr of 1 1S84. ports. % .Jun 525j IM Feb Maroh,. 61,847 36,210 34,711^ 4281 3,411 April.... 49,8981 48,8421 33,331 34,612 34,203 June..., July Aug..,. fept Oct Nov 61,283 •S.OO.sl a4,lB3' •4,2701 56,156] •7,314 32,133l 1,178 *oU .53,126 2,075! 131 169 2,283 2, 7681 1,478' 176 77 ri,660| »S,805! 3,&10 3,870 19,6S5 51,073 2,451 192 45,21133,594 8,193! 448 30,668; SSr ,09170,931 1SS5. 371 +2,989 908 1 2,224 + 11„<)81 3,010 21,048 + 18,038 l,l!27| 2,712 + 1,085 33^29; 31,.S59 ToUl.,. 638,022 1,044 2,121 2,588 1.401 2,250 7,750 Excess ports. f 2,.H14 2,349 2,093 2,051 1,981 1.788 2,861 2,490 3,330 2,374 1,880 « 1,151 1,473 891 1,045 014 1,163 876 1.204 1.006 1,087 1,061 1,205 1 ,218 1.005 73T 1,636 1,251 2,823 2,743: 1,366: 485 nm 25,725 40,727 +15,002 23,892 13,«:i3il 1.759 ) 1 Jan Feb March.. 80.533i April,. 32,070, May... 49,012 33,940 31,398 than commercial or banking requirements and may be July.... Aug renewed. While the 3 per cent rate ruled, about £930,000 2.07S! 1.446 1,888 1,8.36 32,078! •1,578 4S,709i 4,171 45,685; 3,.'S27 1,767, 838 984 7831 1.1581 6051 1,.'»4 +376 +820 +512 +742 375 49,116>3,287 50.745 •6,907 30,385 '2,815 72,479 53,808 18,671 67,332} 30.57316,757 went 880 588 734 2,088 742: i,a3o; a59 152 1,324! 1391 5,098 4,88 614,363 333,6,30 78,73< 18,025 • 620 252 42,22138,312! 42,028 11, «12| 43,828! 44,238' 48,150: Sept to Germany. Oct was withdrawn and the bulk of this Nov not only from taking gold Recently Berlin has been Total.., London but from Paris as well, and from the fact that 6.B.'!B| Imports.' » i ? 8 3'l,31lil9,079l ; Ex- of ports. Imports. pftrU. ports. Silver. Exctsi Ex- Im-\ f 73,990; May.... London Discounts in the open market in cent, or sutnmarize in the following. 2,8,"»4 + 687! 904 2,836 2,135 70S 1.925 1.225 2 525, 1,183 4,658 2,1 W 8,39830,0771 9.627' Excess of import?. 1,083 1.004 l,a36 1,039 2.229 2.607 3,110 3,138 2,160 3,816 3,816 2,861 2,808 1 1,136 1,503 1,283 1,199 1.523 2.713 380 718 1,898 600 885 6,242 13.885 Excess Of exports. September the Bank of Russia has increased its The indications of an improvement in businf ss miltiply. and silver bullion by £3,344,000, it is Certain branches of trade still continue in an unsatisfacinferred that this increased supply came indirectly from tory state, and those industries that depend more or less since stock of gold Some have surmised upon an active export business are of course sufferingwanted for war purposes, and Prices, too, are not what we might wish. But as regards reports, which have within a few days become current, our internal trade, and those industries to which we of active military preparations in Russia and Austria for look for the first symptoms of a revival of business, the London and Paris through Berlin. that this accumulation is a conflict early in the next year rather confirm that view situation and tend European ticularly, to create uneasy feeling an of the gold our foreign exchange market. England rate is London in its That is watched probable effect on is to say, as the was raised wholly for the purpose of checking the outflow of bullion, result is not attained a further rise it is follows that to if that be looked for. year ago is The iron certainly encouraging. according to reports, condition, movement here closely now, for the reason of of al] financial centres. The course Bank nearly at in is trade, par- a most promising and the change compared with the outlook a most decided. Mr. James M. Swank, the Secre. tary of the Iron and Steel Association, in his preliminary review of the trade for the year, calls attention to this and takes a most hopeful view of the future. Iron has usually been regarded as the barometer of our industries, and it is hoped that it will not fail to prove a faithful point, Of course with the increase of loanable funds here from index of a genuine and sustained revival this time. January disbursements and the bond redemption the first The accounts with regard to this industry might be of February, the tendency of our money market to lower considered altogether too glowing, except that it is known rates seems to be the promise, and if concurrently with that the connection between it and the railroad industry that the London minimum is again advanced, the marked would be an important influence in the direction of higher prices for foreign exchange. While this uncertainty exists, therefore, no material change in the rate for sterling is expected. Since Monday the exchange market has been steady; on that day the price fell off half a cent per pound sterling compared with Wednesday of the previous week. The inquiry at the moment is for investment and speculation, and such demand chiefly operates upon long sterling. This makes short bills and cable transfers a shade difference easier than long drafts. A somewhat better supply of ex- is very close, and in the latter, since the New York Cen Pennsylvania settlement, a com plete transformation has taken place. Rates have not on y been raised to a living basis, thus ensuring larger earntral, West ings and improving the prospects of the holders of Shore, South rail- road property, but with this assurance of larger earnings many roads have entered upon a more liberal policy in the Even when all matter of renewals, improvements, and extensions. the single item of repairs counts for a great deal roads start up together. extensively deferred Work of this character was very during the years of depression port bills is noted, the rise in exchange last week having deferred because there being no earnings, the roads had enabled shippers to send merchandise forward at a little no means with wWdi to make the repairs. With some greater profit; there are also some bills drawn against lines a stage had been reached where it was absolutely .(.VNUARY 3, THE CHRONICLE. 1880. no further delay be incurred, and the the above-named road. The Vanderbilt properties adand generally good vance<l, chiefly on the speculation regarding the di viilend of necessary that restoration of rates, revival of business, prospects of larger earnings, have alTorded the opportunity much needed work, of which so many of beginning the now companies are themselves. availing It is this that New York Central, would be which, Lake Shore was rect. wasclainned, early in the week, it percent, and which report proved 1 has given the iron and steel industries such a pronounced rumors, although start. decided not to declare any dividend for With reference to the railroads, is it gratifyiiig to note The advance it in the to be cor- on the favorable trafBc was announced that the directors had also strong .the current quarter. more substantial properties encouraged now coining in are of such a generally manipulation of the low-priced stocks, probably with the much better than the returns of the object of making them appear attractive to those specuweeks of the month, and way in excess of expecta- lators who may be inclined to operate after the beginning The call for bonds was favorably ?]ven the trunk roads are falling into line and of the new year. the first evidence of the effects of the improved regarded, and this doubtless had much to do with the that the returns favorable character earlier tions. giving and rates — Hitherto these have been laggards, situation. which we have more than once taken occasion to point out, and have given very poor and indifferent But the change had been accomaccounts of themselves. plished, and it only needed timo to develop the results. These latter are now becoming apparent, in a small way as yet on many roads, but they may be expected to multiply and expand with increasing extent as the weeks pass by. The Pennsylvania statement for November, reviewed by fls last week, afforded some of the earlier signs of improvefor reasons ment. The week, tells exhibits quarter of the year are not of the Vanderbilt roads, issued this same story the — especially is the last But these considered. separately is Evidence of the same kind all. when found also in strong tone. Northern Pacific issues a return for November which to some of its most sanguine and must be a surprise even The road has been enthusiastic friends. its distinguished for gains in net earnings ever since the beginning of the new year, .luly fiscal These gains came 1. in regularly even in those months during which gross earnings were falling behind a year ago, so it is natural that now when gross the should be is greatly increased the improvement in still we venture besides, that occurred, have been expenses operating Thus we have for the month an would in gross Yet not only has net. net one expected, however, whole increase to say, that the go as increase in the but, No more marked. reduced. increase in gross Grand Trunk of of $1.32,979, a decrease in expenses of $20,121, Canada, in its statement for the week ended December 19, affording an augmentation in net in the considerable sum shows the first increase in earnings made since last Janu- of $153,100. This is nearly three times the loss in the The St. Louis Alton & Terre Haute (main line), previous year, which had been only $55,976. The imary. which forms part of a through route to St. Louis, has, provement in the net for each month of the fiscil year since the third week in November, been reporting gains thus far, is shown in the following, according to which it each week, and of gradually increasing amount. The appears that the gain for November was almost as great Cincinnati Washington & Baltimore, a link in another as the whole of the gain for the preceding four months For our weekly returns. instance, the through route, has not been doing quite so its decrease now is hardly more than amount well, but combined. nominal, August. Settmibtr. October. N'wtmbtr, 56,051 18,711 45,010 43,897 153,100 as Gain over 1884 Though the gain for November was so much greater the benefit not only of the higher rates in force, but than in any of the months preceding, the total net for the This is owing to of a largely-augmented movement of corn, the yield month was not as large as in October. gets also of in July. ^Ntt earnings. compared with other recent The Indiana Bloomington & Western has lately periods. been reporting some really phenomenal gains. This road and very small which has been very good this year. in that section It is the States of which suffered the demoralization of rates and struggle course does not have as large a surplus above fixed charges Indiana, Ohio, heavily through business for towards the close the fact that business naturally falls off making the November and December aggreWith smaller net the company of gates always smaller. one of a large class of roads in the territory embraced by that so and Illinois, connections of the Eastern trunk that the differences among long existed in that lines, of the year, In that month the surplus had reached the For November the surplus is only $202,of sum $332,669. and which, now the Western section have been arranged, We as in October. 362, which, however, is yet very heavy — in fact about twice amount for the corresponding month of the preceding mention a few other roads in that section, besides the year, when the fixed charges first taken out were much Bloomington & Western, that have exhibits of a favor, less, too. The comparison on earnings and charges in the able tenor, but it is hardly necessary and would encroach two years is brought out in the following table. should derive too corresponding much on our advantages. might the space. November. October. The stock market has been generally strong this week, and expected. favorable traffic returns, actual was also found early in the week tha leading stocks were considerably oversold, as shown by the borrowing demand for them, while at the same time some operators, It who were alarmed because and the high rates of exchange part of their last of the gold exports week, and so disposed of holdings, doubtless bought them back. 1885. 1881. 1885. the result largely of these Five months. northern Pac.BIi. 1684. i Groaa earnings.... Operates expenses. Ket 1,522,885 1,461,510 636,794 531.753 651,874 868.014 717,605 513,243 564,505 444,424 202,362 120,081 Fixed charges 535,W5 8*4,716 608,645 Surplus 338,669 818,071 earnings... 1,240,358 1,116,378 653,671 This statement shows that for the five 1885. ISiM. t t 5.967,896 5,869,480 2.633,469 2,860.429 3.3;U.480 3,019,061, 2,540,372 794.0S8 months net earnings are $315,369 greater than in 1884, and that the Among the notable features was a rise in the Eries, which increase is in great part the result of lower expenses, only was stimulated by reports that London speculators were $98,409 of the amount coming from a gain in the gross. again buying them. It was also announced that an On these increased net the charges of $2,540,.'?T2 leave a arrangement has been made between the Erie and the Cleveland Columbus Cincinnati & Indianapolis by which the former ceases to v?ith the Cincinnati interchange Hamilton & its surplus of $794,058 —that is to say, the result of the five months' operations (usually the best period of the year) la Cincinnati business that the company comes out nearly $800,000 ahead of its Dayton, and uses instead charges for that period. As there _has been some talk 1 1 . . 1 1 THE CHRONICLK lately about the company's land months the aggregate in these five sales, we sales reached 188,816 town lota the sales The actual cash receipt from lands in the five months was $226,237. Lake Shore <t Michigan Southern statement (December estimated) was issued Thursday afternoon, and as regards For the result for the year is about what was expected. the last quarter, when that is made up by itself, the result is perhaps not as favorable as mar.y supposed would be the case. We need not enter into any explanation as to the influences at work to depress earnings during the greater part of the year and to the presence of which the unfavorable showing for 1885 (as compared with other acres years) $756,111. to it seems, has earned not only all its the company's stock. The directors at their Thursday meet any portion of this surplus in the form of a dividend. "We give further below a table comparing the outturn for the year 1885 with that of the fifteen ' years Though preceding. 1885 the figures now been entirely and therefore are useless as a guide to the- represent an old condition, which has changed, future, there are certain features parison with other years which the first place, in the cover its much fixed charges, but that the comparison with 1884 is better than in the case of the earnings fell here bs noted. whole sixteen years 1885 one out of wliose earnings no dividend at is all In the only was Qross Earnings. Operating Net Expenses. Earnings. Charges. 1870.. tl3,5C9,23e 18,368,821' $5,140,415 $1,828,897, len.. 14,898,449 0,779,806,' 5,118,643; Fixed _ Earned. Paid. $8 00 made up by adding the totals of the Canada Southern and Michigan Central together. COMBINED EARNINGS OF MICHIGAN CENTRAL AND CANADA SOUTHERN. OroM 1878 1879.... 1880 1881 1882 1883 1884 1885 Earnings. Operating Expense*. »»,472,631 10,410,795 t«,437,497 7,147,683 $3,035,134 3,263,112 18,791,428 8,215,092 9,404,443 2,899,148 14,009.787 9,268,906 9,741,639 3,189,085 4.268,128 11,659,077 8,959,132 2,699,943 10,755.000 8,005,000 2,750,000 12,303,591 12,457,991 Week ending Currency Gold (told and leeal tenders The above shows the from the have Week ending 6,860,400! 2,201,459: 5,667,911! 2,654,560 6 10 4 DO 17,146,131 11,162,371 S.093,760! 3,008,19S! Total 14,434.199 10,531,501 3,902,698' 2,810,294 1S76.. 1877,, 1878,, 18,949,1771 9,574,838 4,374.84ll 2,760,9891 6 04 2 20 3 26 3 67 5 61 7 24 11 28 8 02 8 37 8 11 4 02 1 92 3 25 187S.. 2 00 3 25 2 00 4 00 6 50 8 OO 8 00 8 00 8 00 5 00 Tbe Bank 4,541,1931 2,776,657 5,498,165| 2,718,792: 8,934.524, 6,336,968 2,754,988 18,749,461; 10,418,105; 8,331.356 2,750,374, 17.971,391 6,«93,962| 2,726,875 18,225,639 1888 1884 1885 18,513,656J 14.843,584| 14.088,4571 With regard 11,278,429 11,057.807 7,167,832 3,027,000 11,001,854 7,511,802! 3,498,806! 9,133,521 5,710,063' 3,720.6701 9.247.081: 4,841,3761 Jt,89S,000! to the exhibit for the last $557,000 Sain, $1,166,000 by bank hold- movement to and movement the banks this which should indicate the 18,746,598 8,963,966 »1,718,000 actual changes in the total gain to the New York Clearing House banks of gold and currency for the week covered by the bank statement to be issued to-day. 11,839,526^ 8,486,601 Gain. .11,166,000' $1,100,000 through the operations of the SubTreasury. Adding that item to the above, we have the 17,699,835 13,605.159' 55T.0OO In addition to that interior. 10.414,509 15,271,4921 Wet Interior Movement, lost 1872.. 13,979,766! Shipped by «1,718.000 ings of gold and currency caused 1878., 1879.. 1880., 1881,. Received bv Bee. 31, 1885. N. Y. Banks. N. r. Banla. 1874.. 8 00 8 00 4,576,336 The following table exhibits the receipts and shipments*f gold and currency by the New York banks during the week.. $9 60 8 37 8 55 2.121,164 Gross expenses, the record for eight years, the figures for the years prior following, Dividends per Share of »I00 —but to the confederation being Total LAKE SHORE & HICIItOAK gOUTHERN'S ISCOHE. Lake Shore. $904,000 — paid. amount earned for the stock is the smallest of The fixed charges on the other^hand are the largest on record. Gross and net earnings are not the smallest, having both been lower in some of the years preceding 1879. The following are the figures in full. — some charges the surplus for 1885 is 883,000 against $61,000 in 1884 ^merely nominal in both cases. As compared with 1883 of course the loss is very heavy. Here is fixed So, too, the the sixteen. heavily off were reduced even more ($954,000), so that net earnings are actually $50,000 greater, and after deducting the com of interest in the may not that the road has earned more for its stockit has earned barely enough to fixed charges, bat a surplus of $948,376 besides, equal to 1-92 percent on ing, resolved not to distribute this, holders, for in point of fact these drawbacks Notwithstanding owing. is the road, Including $747,474. for amounted by will say that [Vol. XLII. Dec. 81, 1886. Into Banhs. Banks' Interior Movement, as above Bub-Treaaurj operatton.s (told and legal tenders.. Out 0} Banks. Net Change in Bank Holdings $1,713,000 3,900.000 5.000,000 TiUSS, 1.100,000 $5,613,000 $5,557,000 QHin. 56.000 $557,000 England reports a decrease of Oain. $1,156,000 Xi87,3lo bullion during the week. This represents £148,315 sent to the interior and £39,000 net shipped abroad. The Bank of France lost 9,735,000 francs gold and 4,306,000 francs silver, and the Bank of Germany since the last of report has lost 8,240,000 marks. The following indicates the amount of bullion in the principal European banks quarter of the this week and the corresponding date last year. at we have already intimated that the result is likely to be somewhat disappointing. We have not room to go year, into particulars, but the improvement over the corres ponding period of 1884, when the showing was except tionally bad, Dec. 31, 18B4. Bet. 31, 1885. Ootd. Bank of EnglEuid Silver. Bold. Silver. a. a 20,115,228 20,695,496 is trifling, both in the case of gross and net- Bank of France 46,305,606 43,417.331 40,056,760 42,135,55* was rumored that the improvement would be very 16,795,700 14,894,300 11,650,950 14,240.050 de- Bank of Germany* cided. The idea that encouraged the rumor was that the Total tug week 83,216,534 58,311,634 72.403,206 56,375,604 Total prerloua week roads had been at peace, and that therefore 84,011,609 58,677,494 73,419,634 57,456,674 they must * Aocording to recent Informationjrecelved, have experienced the full benefits of the peace era. we change the relative The proportions of gold and silver In the Bank of Germany. Nooffloiul returns are Issued. latter supposition, we may repeat, is largely founded in The Assay Office paid $227,174 through the Sub-Treaserror. The roads did not get the full benefit of the new ury for domestic bullion during the week, and the Assistant "compact in this period. The higher rates were in force Treasurer received the following from the Custom House. only part of the time, and on some classes of business not at all. Then, even where a higher tariff was in Ooneiiting of— effect, the It , . . advance counted in many cases only on the new business business going forward at low rates (in some insUnces as low as the lowest at any time prevailing during the year) on time contracte extending U!l the first Dot*. . Dutitl. Bold. secured, the old of January, 1886. Michigan Deo.25. '• " " " Central, tively a better in its yearly return, showiog than the Lake Shore makes We rela- mean " 26. 28. 29. 3031 Total U.S. Oold Silver Oer- Notes. Oerti/ie't. Hflcatee. HoU day •319,286 572,705 487,794 260,942 381,799 67 $500 45 89 85 95 2,000 3.500 2,500 2,000 *2,022,529 81 $10,500 , $214,000 419,000 327,000 114,000 253,000 $36,000 62,000 69,000 73,000 58,000 $382,000 $1,327,000 S293.00O $68,000 85.000 90,000 70,000 69,000 I THE CHRONICLE. 'p Januahy a, 188fl.J Included in the above payments was $6,500 cbielly standard dollars. in silver com, standard iJec.31. dwing The Bond new phase which has been issued this week, marks our Government finances, and again (Fraws call in attention to the results which the change in We that has taken place, has produced. tration of influence its practice oflScial had a good illus- week, when the excitement last Citintd, TVcoKUrir. Our people knew how unnatural an outflow of gold at this period of the year was that as a question of trade it could not occur that in tnA n) Yeat.\ T^taaury, ( (tut. I atandlng. • t I 1W8... tHAWifieo S2.49e.fioo m,l)V7.»SM| !i,4un.iau 2,0«i.770 1879... s7,n«o.ioo 5o.os9.eino ;l3,l«8,0(n] 8,712,910' 4.888,«m 4i8.aeo 8.H24.«n« 27,:w7.:i.Vi rt.mt.nmi 4H,19«,5IH 4SJ)H2,I30 9.434,419 80,127,711 »7,9X7.»75 1 0S.;»«).9«0 27.571. imi i:ia,iiv.,0H0 tHi..viii.ii:r7 «».»78,280^ 188,1... 88,470,089 101,125,110 01,018,812 iiH,M9,;tHn 6.809,910 4.40S.000 M,81.5.a20 IHK2... 28.i;)«,M7r) iN»,."rfil,oiu I 1880. . IHHl... IMKl... iNX.'i arose with regard to gold exports. In tit' BOND CALL AND ITS SIGNIFICANCE. a Tr. miner Cerii^zntu. thilt'trt. ToUU VAttlUd • f 72,HI«.flflO lH.fill2,«l.'J •2M.II>«l.4:t7 21K.231.4;il tl«5,.'HIH.I)l8l .. n8.44:l.>yiO lOU.HiH.Bul ia,l«0.»00J 96.717,721 l:)8,l«8.29ll 2S,<)02.3H0M 4.865.011 124,787,106lta2.08«.46t|tW2.702.«>t8 Deflciiiber PHtlmated same iix Novemliar, via; 92.500,000. Flgared to Deuoiuber 1— luftt detalle<l statement laaued. Here we have storm that has been in clear outline the With gathering. the close of 1884 the embarrassment of ; ; was possible only through the disturbance silver issues have wrought and so were ready to anticipate the worst But a little reflection reassured the public mind, results. the weakest spot in the for it was seen that the Treasury was now safe from any situation only six months back immediate danger, and that want of confidence respecting the Treasury it became very evident and the then Secretary simply awaited events, and could have done very little ; — — more What March. know authority at that late date as his ; was to cease with has been the course since, our readers well but to present by results the situation in contrast as it was and is, we bring forward our table of customs for three years this together with the previous payments so that the currency was for the time being uncalled for reader most of the facts needed statement will furnish the alarm quickly subsided. outlook for future months. judgment the for a as to on a new new hope with To-day business enters MONTHLY RKCEIPTS OF CUSTOMS DUTIES AT NBW TOBK. commerfor the appropriate especially is year, and it PAYMENTS HADK IN— cial classes to dwell a moment longer on this feature, for we think that even more of encouragement for the aold Certificata'aUver Certifc't. V.S.SoUt. Gold. future than we have yet noted, can be drawn from the ATH<mnu\ P.Ct. Amount, P- «.' Ammint.\P. Ct. Armmnt. P.Ot ; ; i position altered how this is, it is Government the To understand holds. necessary to remember first of all what has been the source of the fear which has all along prevailed. Most certainly it was not the simple coinage of silver dollars. We doing the least harm fact of their issue, if in Government the in force 3.256.000 31-6 2,739,000, 2J-6 4,179,000 40-6 9,162,000 75-2 8-2 8.148.000 3,697,000j vaults without their March, 1883 812,000 6-5 810.000 6-6 1884 204,000' 20 1,250.000 10-9 Nor was even by the previous to 28-2 32'3 9,190,000 1,824,000 73-9 6,952,000| 60-7 4,482,000; 39-8 3,031,000 IS'O 26-4 3,888,000 34-5 86-0 1,533,000 56-7 2,643,030 1883 77,000| 2.821,000 25-0 public, AprU. ISS3 996,000; 11-0 534.000 6-9 1884 18S5 244,000 90.000 2-9 1,344,000 13-7 6,025.000 5,808,000 0-9 1,946,000 19-5 3,813,000 38-3 4,120,000 1883 4-8 554,000 1,384.000 1,786.000 6-8 82-2 147 6,074.000 4,318.000 4ri-J 2,131,000 3,282,000 1883 386,000 312.000 69.100 W8 4,087.000 42-9 3,565,000 IBS) 1884 1885 445.000 290,000 68.000 S-3 9,466,000 3.784.000 69-6 40-2 8,785,000 3,366,000 80-3 35-4 1883 339,000 206,000 93,000 83 794,000i 1-6 0-8 June, 18« 18M 1885 of commerce, their coinage last 1,944,000 2,«ei.ooa 8,378,000 0-7 than the dollar and demand 160 67-6 3.291.0001 81-5 the This recalls the Treasury policy with regard to silver was 1-2 4-9 and being legal tender for but five dollars, makes no threat of future excessive use. which 23-2 119,0001 .35-4 Aug.. issues 13-6 2,794,000 999.0001 July, at 1.976.000 616 601.000 they do us no harm, because they can freely go into the come out 73-4 7,794.001) 0-8 threatened the stability of our currency. Treasury, can only 9.167.n:i0: 7-8 2-1 suggestel to the public of the future use of force for that less t \ 7-0 884^0110 39 It worth * 887.000 M,000 issued only as desired We issue subsidiary coins ' 40 2-6 478,000, 253,000i Feb.. was rather the force that was applied to get the silver into circulation, and also the May increasing danger the piling up of dollars in the Treasury purpose, which t 1 534.000| 287.000 1883 1884 1885 to our currency. the point to be feared. 1883 1884 1885 worth a month could coin two millions and slack them away » Jan., Sept., March 3-4 0-7 6-9 94B.0OOI 2,005,000; 21-3 3,211,000 33-3 31 0-7 1883 1884 1885 359.000 169,000 2-7 8(8.000 0-6 18S3 1884 1885 385.000 193,U00 3-3 81.000 0-7 1-6 ; 30 26-3 35-3 37-8 3.138.000 32-5 8,210,000 S3-3 5-4 11,532.000 79-2 1,906,000 181 2,332,000 17-8 6,313.000 32-5 46-6 3,408,000 481 888 4.247,000 5,508,000 2,790,000 23-8 61 9,734,000 73-3 2,393,000 ir» 2.781,000| 21 7 4,848,000: 38-2 5,702,000 44-4 47-4 4,164.000 1,716,000 88'5 8,017,000 i 791,000! IS in 27-0 41-3 609,000| 5-1 9,364,000 34o 3,807,000 77-7 32-5 1,882,000 4,123,000; 3,139,000 35-8 7,718,000 63-4 1,190,009 75-8 1,902,000 13-6 13-9 31-4 3,764,000 • 9-8 16-4 and the situation as it existed at that date. We 1-8 3,331,000 4,390,000 423 2,452,000 23-6 381 0-8 11-3 1,216,000 7,623,000 70-8 1,811,000 18-8 began to coin dollars in 1878, but in that and the 22-8 2,011,000 8-6 6,039,000 67-7 593.000 first half of the succeeding year very few came Nov., 1883 276.000 3-1 42-8 1-9 3,258,000 148,01X1 1,415.000 18-3 1884 2,889.000, 37-4 0-9 into circulation in any form, although the provisions rei.ira.ooo 135 4,965.000 57-1 1885 80,500 2,478,0001 28-5 19-4 6.657,n00 71-3 280.II00 1,809,000 803,000! 60 specting silver certificates have not been altered since the Dec, 1883 44-0 3,539,000 2,927,000' 36-2 1.450.000 17!) 140,000 1884 original act. The practice under the law was however 13-5 0-7 1,337,000 6.023.000 60-9 1885 71,000 2,468.000| 24-9 8-0 172 altered in the fall of 1879 in a very important particular. Year, 1883 5,617,000 41 23,678,000 1002:12000 72-7 8.282.0001 imt 2,628,000 2-1 27,290,000i 21-3 57,831,000 45-2 140,097,000 31-4 At that time the Secretary finding the people would not 0-8 i.T8,967,O0ol 29-1 250 !>7,308,000 45-1 '31,782,00(1 1.002,500 IRS." take the uoUars and that their coinage was simply absorbNote.—The payuients made In sUver coin are]Tery small, aud are not lor 1883 they were for the whole year only iiicludcd iu the above ing his surplus, began to make that part of his balance $101,000; in 1884, only $139,000 and In 18S5, only $281,000. productive by offering the cost of exchange on any With then the help of the foregoing, what, we may ask, interior city as an inducement to one who would deposit is likely to be the course of events, even if Congress does gold in the Sub-treasury here and accept a draft in return, not suspend silver coinage ? From the first of above statethe draft being payable in silver certificates at such interior ments we find that silver certificates outstanding, which city. This policy was continued through the following were about 07 millions Dec. 31, 1883, had swollen to about years and in fact was not actually discontinued until last 115 millions at the close of 1884, and then had decreased March, though for some months before that date it had to about 93 millions at the close of 1885. Turning now really become inoperative as a Treasury resource, the cer- to the latter table given, we see the effect of these changes, tificates being so redundant as to return to the Treasury the increasing and decreasing certificates outstanding about as fast and finally faster than issued. To show the making its record with the utmost precision, in the progress and position in which this policy left the country volume of the return current which these percentages we have prepared the following statement of silver-dollar measure say when the total certifithat is to coinage, and of certificate and dollar issues each calendar cates afloat reached 97 millions (Dec. 31, 1883), the Oct., 347,000 188.000 86.000 1883 1884 1885 555,000i 4-8 8,802,000 1 1 ; 1 ; : ; year since 1878. percentage qI customs receipts in silver oertificates that . THE CHRONICLE. 6 month was 19-4 per cent when ; had one writer puts certificates the increased to 115 millions (Dec. 31, 1884), the percentage of the same in receipts was raised to 44 per cent when the " with [Vol. XLII. it: " Cotton, our largest export, competition in the English is meeting markets from other and hence the price of the article Another claims the chances are that ten Note years hence its value will be still less because of this percentage in the receipts fell to about 13 per cent. These and other similar statements also the gradual but almost constant increase of silver growing competition. ; again to 93 millions their were decreased certificates " quarters of the globe," goes down. — customs payments of 1884 a quantity lead us to refer to the situation of cotton again; for it beginning with about 23 per cent in January and ending, may be that a correct understanding of the position this as stated, with 44 per cent in December; then, in con. single commodity holds will do much to set the public trast, note the similar decline in the receipts of certifi- right with regard to the whole question. certificates in the As to the matter of foreign competition, then, so far as cates under a different policy, starting with 4 1 per cent in April and coming down to about 13 per cent in Decem- this staple is concerned, it is a point easily determined. In fact, for the last five months, that is beginning We may, in fact, sum up the situation by saying that ber. with August, the percentage of certificates in the customs American cotton is to-day more completely king than it no case been more than a fraction in ever was, and no reason at present exists for believing that This is very excess of 13 per cent and for two months considerably any change is possible in that particular. clearly shown in the following statement, which we have below that. payments has At in this juncture comes in the Bond And why ? call. prepared from our cotton crop report of last September. It shows the production of the United States and all other was countries separately, each year since the war. The conas well aware as any one could be, that he had surplus sumption of the world is also given for the same years, enough sometime since to issue this call, and has stated all and all of the figures are reduced to averaf/e bales of 400 along that he was more anxious than any looker on, to ibt. taeh, to make the comparison exact. Simply because the Secretary now is he fully assured that He has again secured control of the gold current. it to the redemption of the debt. But while a doubt existed as to the quality of future receipts, it was Balunecessary that extreme caution should be used in arrang- iM lbs. each. apply ing for the payment of any more gold than ordinary dis. On bursements required. January (to-day) the interest account alone calls for the payment of $9,528,346, and on the first of February $1,456,428 more; in the light of that fact and of other large disbursements the Treasury has usually to satisfactory make the first at this season, it is and reassuring that how by could bond a call it certainly very 1889-70 1870-71 States. Countries. 2,230,000 2,178,000 4,408,000 4,263,000 2,718,000 2,107,000 2,652,000 3,481,000 2,584,000 4,825,000 5,218,000 4,099,000 3,926,000 4,733,000 3,241,000 1871-72 Average... Consumvtion. Total Crops. Europe. Vnitea Total St'itfs. World 822,000 959,000 5,058,000 1,063.000 4,979,000 5,085,000 2,113,000 2,025,000 6,544,000 4,247,000 6,758,000 4.711,000 1,012,000 1,109,000 5,259,000 6,820.000 3,036,000 6.277,000 5,072,000 1,240,000 6.812.000 3,167,000 2.337,000 6,604,000 4,386,000 1,033.000 5,419,000 1872-73 4,283,000 2,083,000 5.116,000 1,309,000 6,425,000 1873-74 4,597,000 4,216,000 2,320,000 2.309,000 6,386,000 8,017.000 5,192,000 5.328,000 1,440,000 0,832,000 6,625,000 1,328,000 6,868,000 1874-75 emphatic declaration 1875-76 5,171,000 2,018,000 7,189,000 5,579,000 1,603,000 7,082,000 1876-77 4,933,000 1,897,000 6,830.000 5,681,000 1,579,000 1877-78 6,426,090 1,506.000 6,931,000 5,547,000 1,7«5,000 7,140,000 7,272,000 this more emphatically expressed than be 1867-68 1808-69 Other as the old year closes our people are permitted to receive (for of 1866-07 Crops. United under these circumstances Average. 4,771,000 2,022,000 6,793,000 5,387,000 1,481,000 6,868,000 1878-79 5,637,000 1,398,000 7,035,000 5,439,000 1,784,000 7,223,000 1879-80 6,556,000 7,519,000 1,894,000 1,981,000 8,081,000 1,837,000 8,450,000 9,358,000 6,100,000 i88o«i. ...;.. 6,528,000 2,118.000 8,646,000 1881-82 8,07.3,000 for 2,610.000 8,683,000 1882-83 we have nothing to say except what these facts say for themselves. Do they not assure us, that for the time being we may lay aside in large measure the fear which has so long depressed our industries ? Whether we coin 8,058,000 6,485,000 2,850.000 10,40.8,000 6,838,000 7,124,000 2,197,000 2,375.000 1883-84 2,434,000 8,919.000 7,046,000 2,244.000 9,290.000 8,721,000 2,071,000 8,792,000 8,513,000 2,117,000 8,830,000 6,420,000 2.007,000 8,427,000 6,671,000 1,909,000 8,580,000 of the Treasury hereafter under its all of the ability ?) circumstances to meet engagements. Probably the reader has anticipated our conclusion ; . Average... 1884-85 1 9,035,000 9,499,000 seems hardly necessary for us to say that the idea of more^ilver or not, the pressure put upon its issue has other countries supplanting American cotton, finds no been removed. Stack it away in Government vault or let encouragement in the foregoing in fact the statement it out as the pubhc demands it, free to go back again—in clearly proves the contrary condition. Even in 1866-67 either case it ceases to be that disturber of the peace it more pounds of cotton were produced in countries other has hitherto been. To be sure such a large and increasing than the United States, than were so produced during It ; pile of silver dollars in sight is in menace. some degree a constant But with the virulence of the disease arrested, have we not time to wait—even if this short of work may way among Congress Nor is that a half of what the figures reveal, show that although in 1866-67 the production of countries was within a fraction of 50 per cent of the 1884-85. for they fall other the total production of the world for that year, their average proportion has been declining ever since, being for the six years ending with 1871-72 about 42^ per cent, for the six CCTTON COMPETITION, NOT A QAUSE OF THE DECLINE IN PRICE. 1877-78 about 29f, and for the six ending with 1883-4 only 23| per cent. In a word, the production outside of this country seems to be stationary, and new spindles have to look to us wholly people, duty—and knowing that Some two its writers weeks trade let must prevail it who do not since depression, as to marvelous For instance, drop by its at last. agree with what the appear to the conclusion reached, tibe truth cause of we the said present in at 4 15.16d. when we wrote per pound, touched since 1855) for their supply instead therefore of other countries supplanting the United States as a producer of this staple, the cotton manufacturing industry of the world ; be endeavoring to avoid giving other reasons for the price of commodities. the decline in cotton referred to (which has been continued through three years, and at Liverpool years ending with years at 5d. either price and is was never so dependent as it is to-day upon American fields. That seems to dispose of that branch of the cotton waa selling subject. now selling But let us carry our inquiry one step further. For some writers, without distinctly charging that the produc- lower than it has is accounted for on the theory that tion of other countries is the cause of the decline in price, the competition of other countries in the production of that still claim that the low prices are due to an excessive staple 18 pressing us more severely than heretofore As supply of cotton during late years. The above table January 3, THE CHRONICLE. 188«.] gives us considerable light on that point also, for it shows been has years all the time intrenching on reserve its stocks and yet price s have during the same time been And even including this year with our better declining. crop, there can be no expectation, make good that production will estimates, depleted For consumption. tion in our crop last (not year this one bales larger authorities the large estimates puts the yield as as contrac- we suppose instance, million a of world's the through a continued except stocks in the light of current call than the making public our supply that), would then be 6,669,000 bales of ordinary weights, or say As to other countries, 7,500,000 bales of 400 lbs. each. the recent news from Egypt and India is much less favorThe Egyptian crop, every one admits able than it was. now, will be less than in 1884-5, and as evidence of a smaller supply for the season from that source is the fact that cotton is now coming into Alexandria less rapidly than last year, although the crop is an earlier one. With our present light therefore, a production in all other coun- equal to last year's seems to be a liberal estimate, which tries NEW YORK COST OF GOVERNINO two seasons the production, instead That New York excessive, has actually fallen short, and that of being expenses on a scale The world during those materially, of consumption. that during tho last is badly governed a city, which permits of things, state this its That the politicians fault and the public expense and on to prosper at their hangers and in excess of its legitimate needs, are facts too patent to require demonstration. for CITY. encourages a system of wastefulness and extravagance and good morals, destructive alike of good government lies in the apathy and indifference of our people, is a circum- same incontrovertible character. It follows, then, that the remedy which shall remove the evil is to be sought only in a vigorous stirring up of the Our citizens must be made to see that their public mind. neglect to take a more energetic interest in the city's stance admittedly of the a matter that concerns not only the public good, affairs is but their own pockets as well, may seem — that however pleasing it to allow things to take their course, without let or hindrance, the operation is a very costly one, and fraught with dangers. Among in the the various bodies whose endeavor work of making the public necessities of the situation, is called, has done much the good. it more keenly is to assist alive to the Council of Reform, as It it has rendered service It has thrown light on points and obscurity. Not a few doubt during the twelve months of about 9,500,000 bales of Unremitting in its uncovered it. have been by abuses 400 lbs. each. Turning to consumption, the above table shows that it efforts to awaken an intelligent public sentiment, its memin prohas been contracting rapidly the last three years, and had bers have year after year lost no opportunity political ills of every testing against a continuance of fallen in 1884-5 to a figure even less than the total for would give us a new supply total for the world's spindles more ways than in one. previously involved 1880-81. It is in but more particularly against that ofBcial and waste so deeply rooted in our municipal affairs. The fruits of such labors are necessarily slow in coming. People do not like to be burdened with cares foreign to their everyday business, and will not listen appeals to their sense of duty and responsibility to a significant fact (one which any correct description, interpretation of the causes at work must explain) that no such lengthened period of depression has ever marked the cotton goods trade of the world before. Since the new season began there has been some recovery in this coun- lavishness months of a year ago thoroughly aroused, has been improvement in Europe till their interest and it is not an easy matter to awaken public sentiment. if we compare last with the closing months of season and it seems impossible, judging from the exper- Still, this society has already aided greatly in bringing ience of the past, that the world's use of cotton should about an active and intelligent discussion of the various continue to be suspended, and not go back this year to questions of reform, has furnished some strong and able 1883-84. At all events we must assume in this discussion arguments against the present system, and contributed the corresponding over try also so has been there ; an ; that it will, for we accept if the claim that ordinary causes are producing the present depression, the ordinary course valuable papers to the literature of the subject. We are the more willing to admit all this, since, in the of recovery must also be assumed and, as we have already paper presented to the Board of Estimate and Apportionstated, our record shows no such prolonged decline as the ment last Saturday, there are certain features to which The paper present, so on the theory assumed it follows that a recov- we can hardly give our unqualified approval. ; ery to assured. is demand and was prepared by the Committee on Ddpartmental Expendand is in the nature of an appeal to would be as follows, leaving as old stocks of 314,000 bales, instead of a the Board, praying the same to make a strict scrutiny of the various items of appropriations asked for, and to cut the estimates down to figures which would more clearly It contains Decrease in represent the real wants of the Departments. Supply. OontumpiioH. Sloel;s. some strong points, but it seems to us that the paper does S,919,0OO -371,000 not bear those marks of care and exactness which have 9,290,000 The situation for the three years then, as itures of the Council, supply, the result a loss in surplus supply. Seasons. 1883-S4 188-1-05 8,127,000 9,500,000 1885-S6 Total 26,816,000 8,550,000 9,290,000 27,160,000 -l.->3,000 + 210,000 distinguished previous similar efforts. -311,000 mitted to say vocate's Of course we are not believing that there consumption given this is to to be understood as asserting or be any such natural increase year as above assumed. we in tionment the If we may be per- document reads more like a paid adplea against the Board of Estimate and Appor- facts it, than and the a judicial arguments The recovery the present appropriations are presentation simply tending show excessive. to of that Furthermore, on the idea that the depression the committee is unfortunate in the use and arrangement has a cause like those which come periodically in the of its figures. A table is presented showing the per capita world's history and pass away when the world has had expenses of nineteen principal cities in this country and is based, as time to recuperate. said, But we do not think that our present three abroad, the idea being to demonstrate that it costs any such origin, or any ordinary self- from three to seven times as much to administer affairs in corrective cause; they are rather the result of an arbitrary, New York as it does elsewhere. We are very far from unnatural interference with values, and cannot be relieved believing that the per aapita test is in any sense a true except by removing the disturbing influence. criterion of relative waste and economy, there being so sufferings have THE CHRONICLK 8 many dissimilarity points of between different but cities, TVou ir. have had any such per capita charge, not Berlin could XI stand at $7 40 and $7 35 Yet comparison is made with all these cities on the basis of the "same items." Evidently states the expenses of New York for 1884 as $48,942,178, the items are vastly different in kind and amount, even cost which on a population of 1,338,000 gives a per capita The item of State tax if they are the same in name. table the of $36 65, or about twice as much (according to million dollars, or nearly heavy one a included is also much 4^ as times five as the largest cost by any other city, extraneif it is so used care should certainly be taken that The table 0U8 and exceptional iteas are first taken out. whole their since totals respectively per head. — Taking out of the $33,290,199 ordinary expenses above, these two items of State taxes and interest, the remainder of expenditure is 3:^ rounds of the public prints from one end of the globe to the other. For this reason, among others, it is to be deplored that the figures as they>tand are misleading. about But a still greater objection is cause they were intended to they will that serve, as harm the extravagant all charges do. The publication is the more open to criticism because in the introduction the figures are distinctly stated to cover the "same items " for all the cities, "including the re per head dollars as the cost in Berlin or London, and 3| times the cost in our neighboring city,^Brooklyn. ;This table has been extensively copied by the press, and will no doubt go the 21 millions, population. of taking out of and the .$48,942,178 expenses given by the committee the same two item?, and also the amount paid on account of maturing — the remainder is about 27^ millions iu the one case about $16 00 per head, and in the other about $20 50 per head. Is not that figure large enough in loans, and does either case, not allow it As we have extravagance? that the public ample margin said above to prove the great need is mind should be aroused to the necessity reform in city affairs, and of insisting on a suspen" something quite misleading about the words same items" sion of political extravagance and waste, and this end can which the casual reader is not likely to detect. If in the be attained by no means so quickly and effectively as by " demption of and interest on their funded debt." There is of embraced to a correct and reliable presentation of the facts in the Statements that are on their face transparent exag case. is no such charge, the State of Pennsylvania deriving its revenues gerations do more harm than good. We also notice that Boston is not in the list of cities from corporations and personal property, the same item New York expenses a large- amount is cover State taxes, and in Philadelphia there may be included in both cases, but in the one case count for nothing. vastly different is of proportions any comparison that ignores more and in point of fact the committee in another part of New York exceptional and unusual out, the may have added far one city than to those of another, to the expenses of report admit that for and in different cities, this difference is obviously So, too, debt Jjredemption unfair. will it In the same way the item of interest the amount — so much so that their in 1884 if it were taken from the $48,942,178 given. This extraordinary and exceptional item is left in the committee's figures, however, because " it was so incorporated in different "forms, in the returns from most of the other cities, lions " that the appropriation for that city in 1884 $12,666,095, and the population, by the census of was 362,839, is it is clear that the per capita expense there figures used by the Council of Reform. omission of Boston equally it was 1880, nearly as great as here, even on the basis of the extreme was many expenditure would be reduced to about 40 mil- As given. '• Possibly the unintentional, but in view of the is " that bad eminence these figures give that city will find it impossible to avoid the conclusion that has been excluded to appear the stronger. make We valuation should be had in is New York some regard to considering New York's " bad The man who has a million eminence." care of the case against think, too, that at a vastly greater dollars to take expense than the only a thousand dollars to take care of. So man who hasin the case of Particular pain has been taken to make a comcities. added about nine parison between New York and Brooklyn, but a great million dollars to the total expenses of the year, and nearly proportion of Brooklyn people have their property, at 7 dollars to the per capita cost. As compared with Brook, least their business property, in New York, and the cost lyn, that item alone amounted to more than the entire of protecting that property, with the police, fire and other expense account of that city, though Brooklyn is con- arrangements necessary to that end, is on New V'ork. If spicuously given aa having a per capita cost of only the per capita test is considered a correct guide, at least it could not be separated with the data at hand.'' Yet according to their own showing it $10-88. The to half the population of table being separate this and apart from the reference large requirement for maturing debt, it is not of New York all its in Brooklyn should be added making calculations. Even as to that it is, with advantages of a low per capita expense, the tax rate likely that the latter will attract the attention of those in Brooklyn in 1885 was $2 90, while that of New York examining the figures, and it is certain that comment will was only $2 40, although some claim that the basis of he based almost exclusively upon the figures alone. Stilh valuation is lower in the former city. it is to be said in behalf of the committee that they have by We do not think that any other fault in this matter can no means attempted to conceal this fact of so much import be charged upon the committee than simply an excess of In all other respects, however, the table standg zeal. None the less, however, is it an injury to the cause without explanation of any kind. Yet debt redemption in which they are engaged. It is their endeavor, it must is not the only item presenting marked differences- be remembered, to influence public opinion, and to this differences which, if allowed for, would modify materially end they must be careful and guarded in all their statethe unfavorable results reached. ments of facts and figures. Let these statements The ordinary expenses of the New York City Governbear even the semblance of exaggeration and their ment in 1884 (excluding amounts paid from special and effect is impaired. Why is it that political docutrust funds) were $33,290,199— a large sum even as it ments are flung by business men into the is. But note thft the amount included for interest was waste paper basket almost as soon as received? Simance. $8,010,917, $6. It is equivalent clear charge of this amount, the entire per capita every description to a charge per head of about not have a per capita that Paris did is for according to the committee of that only $5 city for 40, and expenses London of and ply because it is not expected that they will be anything except one-sided statements, frequently distorted and garbled, and always unreliable both as regards their facts and their deductions. want their Surely the Council of Reform would documents to command greater respect. Within I . January 3, 23 . . .. . .. THE (JHRONICLR 1886.J the week quite a number of misstatements and errors (to with Nov. which we have not time to allude) in their paper have remaining period. been pointed out before the Board of Apportionment, and Because of the doep this cannot but have a bad effect. interest we we take in their movement for pohtical reform, ilo Customs 9 both tSHS and 1884; also the total stock of goods United States warehouses at the end of the in in the IHPOIITS. Novkhukr, Did- TUK-rs AND Pouts. I Its Coiiiiiil<wli>nor of Iliiilli<y, nettleiit : HtSTORT aSI» Its Laws. By Arthur Labor Stailstlon of tli« Stato of ('<m- Sclenco In Yale CoUeue. first to present clearly the more important liislriict(ir In Political ; The author aims American facts of railroad business, and explain the princi- second to compare the railroad legislation of different countries and the results achieved. G. P. Putnam's ples involved ; Sons, Publishers. The Panama Canal: It9 History, Its Political cial DiKFicci.TiKS. By J. C. EodrlKUes. Aspects and Finan- The author criticises adversely both the enterprise and its management, believing the great name of de Lesseps has served to deceive the French public, over one hundred thousand of whom have invested in the shares of the company. The author seems to favor the Nicaragua Canal project. Chas. Scribner's Sons, publishers. Export: Import!. I I KAll.BOAn Tra.nsportatios 1886. ] 1 regret the absence of care which their late paper bears. T. — 1 ! « 0*1, nar, Baltlmure.Md. HanKor, Me.. I t 2,M0.sse 8i.ua MMl 4,,iHa,8a3 4,«»,8S3 Besufitrt. S. C. 4S,74» Itorltltll. .M11.M8..I llriizoH itc Siin- tlsKo, Texas.' Hrun.>iwlrk,(>a.i 47,807 1,389 708,932 S7S,4I« 181,280 lliiiralciCli,.V.V Chamlirn, N.V Cbarle.it'n. 8.C, Chicago. III.... H29,.'iS4 Detroit, Mich. Diiluth. Mlnn.< »)».»7a Galvest'n.Tox' a47.:i7u Huron, Ml(!h.. Key Wont. Kla. till,] 12' H0,499 in4.on3 ^I.OSII 117,918! 3,544,110, 181,1791 835,990 10,917 4.S10.734I 484,239! BXPOHTS. U month* fnding Wat. 30. 18S5. I8W. S.OT6.IIU0 io,«7i,»n «ie,4S7 TS^SW SS,aiSl S9,il8S 49,804,634; M,341,4«0 401.721 8,IW7 4.768,381 8.904,448 433,810 9,287,058 1,909,51 1:15.007 909,815 1,937.829 eyiding Nov. 80. KM. I mimlha 88.U8.4M 1H8.S7S •78.004 gO,036,37» I86.7M STa,8M 86.981,778 866308 779.011 807.408 071 4,649,108 8.sea,8Mi 408.137 6,806,789 1,848,400 13,229 890,209 2.298.024 497,907 095,8:6 830,087 9,503,457 1301,«2« 1.001,941 291,889 468337 1,870,887 :3,26l,71l 1.081.170 4,879.901 2.; 08,073 1,280,836 10.280,988 8,800,837 3,837,108 1,049,470 18,24.1,898 13309,707 0,848,538 10,020,318 159,043 227,64s Mtnn'H'u..Mtnn Hfl.n70 t-27,017 1,880,869 2,218,434 Mobile. Ala... 1.014 23.S,501 54,514 8,704.184 8,108310 Now Orl'nR.Ija 1. (j23,:ii» 12..33a.380 S.SOS.'IZO 08,888,548 72,804,960 New Vork.N.y 32,,037.921 24,903.890 358,030,494 397380,9a« 801,877,414 896,894.806 NlHKara, N.Y.. Wi.OUt 1,088 2,064,207| 8,490,980 57,111 07.800 Norfolk. Va... (1,593 2,018,845 1 10.049 126,a»7 8,851,448 10,778,860 Oregon. OrcK.S03 29,001 132,940 1«»,785 1.818,331 1,008,972 Oswega'le.N.Vi 3.30,781, 110,039 I/W1,248 W7»,S*7 1,478.098 8,888.364 Oswego, N.Y..; 1,,711,921' 230,040 5.040.702 5,610.488 1.488.932 1.480,638 Passam'dy.Me' 52.123: 40,008 344.918 384,879 393.834 494,887 Pensaciila.Kla. 2.29S 132.013 43.480 41,"0ll 2.027,003 2,009,230 Phllaclela. Pa.' 2..727.H87, 2,5.58.124: 30.581..500; 30,475.738 31.iOI.84l! .33,477,807 Portland. Me. 19,1114 1,»JJ,710 142.5881 1,407,721 3.4»<1.H215.238,798 lllcbmond, Va; 745,720 288.788! 22,921 2.533.363: 1,945.094 Saluria, Tex.. i~.HHI 325,495i 164,Ufl0, ,Mt>0: 128,25.^ 015.820 San Fran., Cal. 2 S'S.O.W 1,885,4641 30,710,1 17| 33.040.452 29,fll.5,0o7| 29.978,328 Savannah, <ia.i 42.4H51 4,27.3,592 435.737 oSa.lM" _ 14,02.1,440, l»,0(i4.517 Vt. Vermont. 401,S<W l.S0.8«Ol 5.479.709 ., 1,202.791 1.300,5.37 Wlllametto.Or 65,174, 080,890 399,608 200.036 3,971,737! 3..128.247 WIlml'g'n.N.C; 32,4!;5 730,093 90,003 206,403 3,853,801 S.450.477 Yorktown, Va. 29,199 40,864 78,468 110,803 1,341,087 3,223,801 All other cus-j to ms districts and ports 1, 441,556 472359 11,721,380 7,815,010 8341,270 10,277,945 5y.i2.T is.4!)n 37,018 fl31,0«Jl ! IMPORTS AND EXPORTS FOR NOVEMBER^ AND FOR THE ELEVEN AND TWELVE MONTHS ENDED WITH NOV., 1885. The Bureau of Statistics has this week issued its detailed Totals statement of the foreign commerce of the country for the month of November, and the eleven and twelve months Remaining Remaining ended with November, and we give the figures below. ..50.574.710 67.331.839 535,630.032 587,090,807 014,338.889 038,022.273 warehouse November 30, 1885 November 30, 1884 in $23,550,920 32,384,678 in w.inihoii.se MERCHANDISE. For .For the month of November. 18S5.—Exports— Domestic. For the (A* 11 1 ilonths ended Months ended Nov. 30. Nov. 30. $86,434,37.^ $600,316,562 $690,424,238 897.464 14.046.327 15,282,806 $67,331,839 514,362.8S9, $705,707,044 Imports 50,574,710 535,630.032| 577,801,025 Excess of exports over imports $16,757,129 $78,732,8a7;$l27,906,019 Excess of imports over exports 1834.— Exports-Domestic $77,620,704 $643,661,088 $718,177,622 Foreign 1,1 83.9661 14.361 1S5 l.S, 456.0 61 Total $78,804,b70|$6.58,022,'273 $733,6:43, o»6 Imports 45,211.416| 587,090,867 641 ,076.6 Excess of exports over Imports $33,5»3,254 $70,931,406 $92,557,J73 Excess of imports over exports Foreign . RATES OF EXCHANGE AT LONDON AND ON LONDON • AT LATEST DATES. . Total , [ 1 GOLD AND SILVER—COIN AND BULLION. 1885. -Exports-Gold— Dom... $303,5871 134.873 Foreifin $438,460 Total SUvei:— Dom Foreign. Total Total exports $l,S00.44fi 609,713 $2,110,153 $2,518,613 Imports— Gold $3,519,209 6,108,024 $9,627,233 $20,131,372 9.945,48^ $d0,076,859 $39,704,092 $5.096,3.-8 $18,02.=;, 120 1,224,581, 10^241,639 Silver Total $6.320,939j $34,266,7 !S9 Excess of exi>ort8 over imports Excess of liu ports over exports 1834.— Exports— Gold— l>om. $3,437,333 f A.mstordam 3 moB. 12-3^ »12-33, Sight. 12 li«i»12-2iii 3 mos. 20-57 ®20G0 *• Berlin 20 57 920-60 '« Frankfort... 20-57 a20-60 •• Vienna 12-75 W12-77H •* 12-75 al2-77»9 Trieste •* Antwerp 25-50 »25-55 '• 8t. Petersb'g 2314823 Paris Short. 25-22is®25-30 Paris 3 mos. 25-40 a25-47's ** 25-62 is»25-67's Genoa • Madrid 453sa45i4 ** Cadiz 45% 345 M •* Lisbon 6178»51% " Alexandria •' Constant'ple Amsterdam Hamburg.. . . Bombay Dem'd Calcutta New York... »* Hong Kong. — Sbanglial Is. eiod. Is. 6 lad. XXOBANBE ON LONDON. Latal Date. Time. BaU. Deo. 16 Short. Deo. 16 1205 Dec. 16 Short. *• Dec. 16 .« Deo. 16 (( Deo 16 20-38 20-38 20-37 12-60 *• 25"-25 Dec. 16 Short. 3 mos. Deo. 16 Short. 2399 25-25 16 SmoB. 46-80 Dec. Dec. 16 3 mos. Dec. 17 Tel. t'rs Deo. 17 18 80 days Dec. 17 4 mos. *' Dec. 17 Deo. 10'9-62 18. 53732a. Is. 5^84. 4-88>< 3s. 438d. 4a. 7M. i $143,529 [From our own correspondent.! $35,030,412 5,697,277 35,413,271 $41,164,658 $17,170,072 11.298,774 $28,468,846 $69,633,504 $26,729,070 15„i72,276 $12,101,346 $27,532,158 Foreign Total . , Total Excess of exports over Imports Excess of Imports over exports 17. RaU. Timt. 3,772,3261 $443,529 $40,727,689 Silver- Dom. $1,044.4381 $15,523,832 Foreign 805,463 10,168,390 Total $1,849,901 $^^,692,222 Total exports $2,293,130 $66,419,911 Imports-Gold $8,192,904 $23,725,858 Silver 1,365.245 13,933.287 . On^ . $3,738,203 6,109,-87 $9,817,790 $22,739. 666 11,208.719 $33,948,385 $43,796,175 $20,236,919 JT,8 13.12^ $38,070,048 $5,726,127 AT LONDON- Dee. EX.OBA.IfQE $9,558, 14b *39,65.4,14o $26,760,760 "7'.264;719 total MERCHANDISE AND COI.V London, Saturday, December 6,73:, 387 AND BULLION. 1885.— Exports- Domestic $68,233,402 $623,967,143 $71P, 902.107 32,601,112 1,642,050 bO,099,^38| $69,880,4.'J2 $6.54,066,981 1*749.503,219 Imports 56,895.649 569,896,791 615,871,073 Excess of exports over imports $12^984, 803 $847170, 190 $133,(»32,1 46 Excess of Imports over exports 1884.-:Exports— Domestic $79,108,671 $694,21,5,332 $770,760,965 Foreign 1,989,4291 30,226,852 32,506,225 ToUl $81,U98,10O $724,442,184 $803,267,1»0 Imports 54.769.565 626,750,012 683,177,969 Excess of exports over imports $26,328,533 $97,692,172 $120,089,231 Excess of imports over exports Foreign Total j 1 Signs that ful just we now. 19, 1886. are on the eve of the holidays are very plentiIn the chief commercial centres there is a slackening of activity, and it is clear that we shall not witness any extension of business until the new year is somewhat advanced. Beyond the rise in the Bank rate to 4 per cent a movement in no way traceable to any increase in the commercial demand for money the week has been entirely destitute of events likely to influence trade. Tlie political position, both at home and abroad, has differed very slightly. Progress towards the settlement of the Eastern question is extremely slow; but it is at least comforting to recognize that both combatants are evincing a healthy desire for the re-establishment of peace, and it is to be earnestly wished that such a satisfactory result will soon be attained and the negotiations will not be allowed to be dragged out to an inordinate length for that would not only increase the chances of a re-commencement of hostilities, but would also carry with it the danger of involving other and more im"' portant parties in the dispute. It is essentially necessary for the future of trade that as the spring draws nigh the political horizon should be unclouded and confidence thereby become more firmly established. are quite prepared to transact a much larger volume of business than we have be«n doing — ; ' The following Statement has also been issued, showing, by principal customs districts, the values of merchandise imported into, and exported from, the United States during the month of Nov., 189.^, and during the eleven months ended We : THE CHRONICLE. 10 for some time past, if only the opportunity be afforded, and m over- sa nine, but a brightening future is clearly calculated upon, and a partial realization of estimates will assist in insuring stability. further development of the trade revival in America is awaited, but there is no question that the quarter on which eyes are most hungrily fixed is Asia. What are to be our commercial relations with China now that wd hold Burmah, form the topics of the day. The trade situation in that particular has been discussed during the week before the Society of Arts. The meeting was addressed by Mr. H. S. A 7 day <fe other bills.. 21,014.990 2,982,420 Pahlic deposits Other deposits 23, .577,336 aovernm'tseoiuities. 11,80^.919 BanSrate mercial or political, before the country that touched this question in its degree of importance, for in the enormous market of China lay the future natural development of our commerce. There can be no doubt it is the vital point just now for us, and if we be supplanted we shall certainly have no one to blame but ourselves. The matter has been thoroughly disit remains for our manufacturers to show whether they are capable of holding their own against Americaa»and German competitors, who are hardly likely to stand complacently by without endeavoring to snatch some portion of the g03d things offered. cussed, and The advance in the Bank of England rate of discount from cent certainly came as a surprise. firm market from now until the turn of the year was anticipated, owing to the usual requirements having to be met, but it was believed that if the Bank could carry the open market with it, the 3 per cent rate would suffice. However, the German and South A prsr American demand for gold Bank make seems to have determined the sure of their position by taking immediate steps to prevent the resources of the establishment being further weakened. An examination of the weekly return conclusively proves this view. This demand for gold directors to moment when the market is at least preFrom now until the distribution of the in January, money will be in temporary has occurred at a pared to meet it. dividends, early and any extra inquiry will at once tell upon quotations. But for this circumstance there is no reason why any change should be made in the rate. The reserve has increased £55,000, and the proportion to liabilities has risen from 4.5'9 to 46-07 per cent. The loss in bullion is only £85,503, against an export on balance of £176,000. Government securities have fallen off £750,000, from which it would appear that the Bank has been borrowing money on consols, whilst an increase of request, £767,000 in other securities indicates more inquiry for loans. The amount of the reserve is now £13,398,000 and the stock of bullion is £20,563,000. The rates for money have been as follows : Open market ratu. BankBUU. London Intereet aXlowed for depoeite by ' KOT. t* " SO " 87 Seo. 4 " 11 - 18 ««• - ««» -\2)i» - e«a8 SM« - oHa - S^«3 2H* - 2^ - S«»8« 8J<88 ,3 83!i'3X®S« * «2Hi 3x a - 3i4a8vi3Wa 8)(»3}4,3 aSH 8 a3H'S«3S5< Joint Slock DiM't H'tt At 7 to 14 Bailks. Oall. m IX- IH iM 1«-1X lUi-lH -'ax ^4 3t<a4 Kiii aaaa The foUowing return shows the position of the Bank of England, the Bank rate of discount, the price of consols, thepriceof middling upland cotton and wheat, and the Bankers' Clearing House return, compared with the three previous years: 22,084,412 11,381.002 23,374,617 11,231,539 22.098,144 20,897,944 5 p. c. 43 p. 0. 3 p. 0, 0. 3913 P.O. 5 p. 0, 100% X 99isx d. 1003|BXd. 39'.. 5d. 303. 10 J. SOs. 5d. • 6,0.)6,332 5 % 1. 9 Sgd. 4 =8 1- 9d. d. 4ls. 6d. 5"i(,d. 5l4d. 9581, lOd. 128,537,000 117,437,000 132,031,000 139,818,a00 The Bank rate of discount and open market rates at the chief Continental cities now and for the previous three week a Olear'e-Houaeret'n . have been as follows: Dec. a. Nov. 26. Bank Open BaU. Market Bank Oven BaU. Market Dec. 10. Dec. 17. Ratetof fntw-Mt ot Bank Open Bank BaU. Market. BaU. ~S 0p«n Market ~3 s 4 4 4 ~~2h' ~~a 2H m Berlin 4 ("ranUort 4 4 S'4 iH 2« 4 3>i 4 4 6 4 4 4 4 an 4 .3« 8 6 4 6 6 4 4 a 4 BambUF? Madrid 8t. Petersburg.. 4« CopenhaKen Messrs. Pixley & Abell 3>4 m ex 8H 2H iH iH 3« 2H 2M 3X 4 4 Ki 8M write as follows on the state of the market Gold— The demand bullion for the Continent lias bo far fallenloflF that there been but few withdrawals of bars from the Bank forGarmany , the amouut taken tor that quarter being only £11,009. Oq tlie other hand, verj' larffe sums in sovt^reigiis liave lieen taken out for .shipment the total so disposed ot ti) South America, Canada, Malta and Egypt beiuK £570,000. £f)9,000 (soverdigas) tiom Austrdlia. and £,50W in sovereigns, from India, have been sent in. The "Neva" has takcu £ 100,400 to the Eiver Plate, and the P, and O. steamer £10,00J to ludia. Silver— Bars have further declined, transactions having taken place during the week at 47Si6d,, 47d. and •Itf^efl, until today, when pur chasers were disinclined to act In the prevailing uncertainty which e.tists as to the legislation on the Bland bill, that the last cxuotation is The arrivals comprise £30,000 from New Yorkpurely nominal. Total, £121, £25,000 from the West Indies and £ti9,000 from Chili, 000, The P, aud O, steamers h ive t.ikeu £109, ".OS t.> India, Mexican Dollars have partioipated in the decline with bar silver, and from 466i,d., our lastquotation. have to-day touched 15!i],id. per oz,, at wliich rate, tlie balance of those which were unsold at the time of the This vessel l)rought arrival ot the French sfeani«r, was placed t >-diy. about £138,000 from Vera Cruz. bullion reported follows: The quotations for are as liare ; SILVER. GOLD. LoiUlon Standard. Dec. 17. •. d. Bar (joM, fine., oz. 77 9i4 Bar KOld, contaiQ'g. 80 dwts. sliver. oz.' 77 11 Span, doubloons. oz S.Am.doubloons.oz, ........ Dm, London Standard. Dec. 10. d. •. 17 d. 77 10 oz.' Bar silver Bar Bllver.contaln- 77 Uii 47^ Inir 5KrB. KOld,.os,' oz- 60 »-16 Cake silver Mexican dots,,, oz. 45 9-16 ... ... ) 46J4 B'clO. i. i~H 4T5< 60 15-ia 46 B-ia reported that the contract for the new Argentine loan for $42,000,000 has been signed, and one half of the loan will shortly be issued. It is understood that the jjroceeds are to It is be mainly a])plied to public works. According to Kemp's Meraantile Q-azette, the number of England and Wales gazetted during the week ended Dec. 13 was 88, or 10 more thin last year, and making the increase to date 640, The number of bills of sale published in England and Wales was 366, being 9 less than last year, reducing the net increase to date to 533. The number published in Ireland was 16, an increase of 3 for the week and failures in oE 73 to date over last year. meeting has just been held in Liverpool of the firms and companies engaged in the North Atlantic Steamship trade, and a resolution was unanimously pisssd in favor of taking steps to secure an advance in rates, the means to be adopted to this end being reserved for future consideration. The conference which formerly fixed freights has ceased to exist, but A is still some understanding respsoting pissenger fares. There has been much less excitement in the mirket for American railway securities during the week. "Bsar" ru- there Tra^auit. Thru Four Six Ditm Four Six Montlu Montht\Month$^ Montlu' Month) Montlu 4 p. wheat, av. price Mid. Upland cotton. . No. 40 mule twist. ... "We communication between India and China was practicable at no excessive outlay, and that the connection of Siim and China with Burmah and India will open up to British commerce the rich but land-looked interior of Western China, as well as develop and civilize the whole of Central lado-China. What is wanted to secure these advantages is a display of energy by the British Government and our commercial community. Mr. Colquhoun believed that there was no other question, com- & 25,446,405 99>axd. Eni;. Eallett and Mr. Colquhoun, both unsurpassed authorities on Burmese affairs, and both entertaining most hopeful views as to the future, and advocating the speedy opening up of the can now drive country by railways. Mr. Hallett said: the iron horse from India down the Valley of the Irrawaddy and, via Mouhuein, to the very gates of China, without any political impediment." He was also of opinion that railway £ 24.858,870 8,401.998 21,561,888 14,462,793 20,314,113 12,939,274 20.236,415 22,85-2,191 Other seoiirl ties Rea'veof notes &00I11 12,298,117 12,476.657 Coin and bullion In both departments.. 20,563,107 20,938,517 Proport'n of reserve 46'07p. 0. 40 is p. 0. toliablUtlea Consols 1882. £ 24,211,160 7.316,443 23,3i9,688 13,162,019 £ UlroalatlOD, excluding 1883. 1884. 1885. • that opportunity will certainly not be forthcoming if the peace of Europe is likely to be further disturbed. Anticipaly prove to be tions of wliat is to happen after Christmas 8 to 4 [Vol. X1.1I. mors were rather freely circulated in the earlier part of the week, causing depression, but the tendency towards the finish was stronger, a recovery being observed in most instances, The advance in the Banki-ate did not influence the market except temporarily, and then only to a slight extent. The grain trade has been in an exceedingly dull and inanimate condition. The symptoms of steadiness noticed during the frost have disappeared with the change in the weather, and business has become even more sluggish than usual. The value of wheat has not been at all well maintained, but has at the same time not actually receded; still had sales been forced, they could only have been arranged by holders making some concession. Tliere are good supplies of grain offering. The importation of wheat into the United Kingdom during the week ended Dec. 13, was 1,031,696 cwts., or nearly double what it was in the corresponding week of last year, the amount then being 575,815 cwts. We are also advised of a , . vuv .lANi 2, : e : ; .. . THE (CHRONICLE. 1888.] heavier movement from America, from which we may in for the seivle of iuiporis will b<' kept up. With thiH prospi'ct preaonted to us we must bo prepared for quiet markets alio Kether, irrtapeiaive of the inactivity whicli Is the mual char loHut wliilst foreign receipts teristic of the trade at tliis season. oi'e liberal, farmers' deliveries are fallinj; olT. This is prolwlily ia no small measure the result of the b.id weather for threshing and the dilUculty of ;;etting the (jrain to market but it may also bj partially accounted for by tlio grain being now in stronger hands and to its being held bark in the hopi of more remunerative prices ruling later on. Sofar the prices realized hiivo been very disappointing. The Imperial average for the week thttt 11 In our report of the dry goods trade will be found the im portH of dry goods for one week later. The following is a statement of the exports (exclusive of apecie) from the port of New York to foreign ports for the week ending Uec. 3i>, 1880, and from January 1 to date: XPORTS FBOM HBW roBS VOS Tan WSBK : euded was 5 S:'pt. but on Sii. 4d., Oi't. 3 it was only iJOs. (!l. per (juirter. Subseipiontly it rallied to 31s, id. per quarter, l>ut has since gone down to iJOs. 5d.. that being the quotation for This is certainly a very discourtlie week euded Ddcember 13. aging state of affairs, and would seem to indicate that the chances of improvement are still in the remote future Tlie average price for the season is only 31s, against 33s. 3d. per quarter last year. The following return shows the extent of the imports of OJreal produce into the United Kingdom during the iirst fifteen weeks of the season: 1882. For tlio weok . . Prev. reported.. Wbeat «^rt. 1884. l.\020.7H2 4.602.0.14 6.t08.39i) 3.867,301 3,570,719 73S.638 1,147.962 5,174,454 4.435,514 Barlar Oata Peas 711.2.'.8 Beans 1.062.2.10 Indian corn Floar 7.240.391 3,742,627 21..591,779 5.441,113 4,179,74i 584.544 4S0,157 814,13S 44'<,0'<9 8,32(i.3l7 4,234,934 in fifteen Supplies 'available for consumption clusive of stocks on September 1) 1885. 1882 1883. 19,392.283 7,112.423 4,015,920 XPOBTS 4N0 (HPOSTS OP 8PB01B Total oats in Wetk. ImportM. the first fifteen 1882 1883. 31,378,837 39,150,477 38 90(1,935 1884. Av'ge Sales. ». Wheat, qrs. 945,067 31 1.541,085 30 144,453 18 Barleyi Oats Sales. Priee\ 12,701 Av'ge Price 5ll,065,308i31 16G,943|19 111 afloat to the qra. 1,.t45,00O Maize France........ ....... 153,000 2^7.000 qra. Bnslliili Last ireek. 1,574,000 191,000 Last year. 1 ,795,000 192.000 154.000 265. noo 166,239 6,593,098 22.5bo 4,503 35i",4Y6 560,187 40,162 916,342 74,743 $128,778 $8,019,206 38.0e6,633 705,179 9616,727 915,111,2bO 391,140 23,201,378 165,254 14,803,007 16,317 1,000 7,072 South America All other countries. . 947,167 146,553 34,338 551,445 423,076 800,680 $147,8.54 92,013,976 3.403.487 6,001,417 69!636 743,430 i',755 10,230 $296,492 »15,692,892 369,541 14,319.2>?2 232,345 15,157.577 Total 1885 Total 1884 Total 1883 S 126,984 9,032 3,380 158 8,300 $270,000 913,696,298 10,025 718,723 211,668 4,482 253,737 10,717 39,706 83,082 United States Sub-Treasury.— The following table shows the receipts and payments at the Sab-Treasury in this city, as well as the balances in the same, for each day of the past week : Balances. 1883. 15,559,200 quantities of wheat, flour „ Gtormany West Indies Date. Receipts. 9 Dec.26. and •• " " " United Kingdom At present. Wheat Flonr,equal to qrs d totals for the 1884. 14,910,511 owt. 13,555,906 The following shows the s. 2 1.007,739 40 10 9 1,412,408'33 4 3 176.588120 Converting quarters of wheat into cwts., the whole kingdom are estimated as follows: Wheat j-> sales. d. 1,039,43132 1885. 9479,858 4.269,158 7,082,941 1.318.076 loijVs Of the above imports for the week in 18*5, $14,823 were American gold coin and f 8SS American silver coin. Of the exports during the same time, 127,514 were American gold coin and |330 American silver coin. 1883. «. rf. 8ine*Jan.l. 9 200,738 391,000 9335,661 5,000 9reat Britain 21,591,779 4.3il,156 12,95H,000 in the following statement: maize Tstal 1885 Total 1884 Total 1883 weeks of the season, together with the average compared with the previous season, are shown 1885. . Week. Since Jan.\. « West Inales doath America Ml other countries. (ex- home-grown wheat, barley and the leading markets of England and Wales during prices realized, TORE. Silver. 1884. 31,159,581 of the sales of KBW Oo(d 4,351,156 Importsorwheat.owt. 16.800,151 15,026,782 19,392,283 Imports of flour 3.762,027 4,135.544 4.234.934 Bales of home-grown. .13, 555.806 14.916,511 15,529,260 The extent 4.T Bxporlt. 3,2^0,i)4l weeks 323,177,881 The following table shows the exports and imports of specie at the port of New York for the week ending Dae. 2«, and since January 1, 188d, and for the corresponding periods in 1S84 and 1883: . 188S. 10.860,151 1«8S. i4,765,!<0g t5,3B2,502 321,683,619 Total 52 weeks. $347,877,2^0 #356,362,729 9327,066,211 9327,943,780 Ureat Britain franco ........... IMPORTS. 18M. 1883. 6.477.5.>0i «5,432,51S 311,399.730; 359,930,211 1883. 1,915.000 255.000 Jan 203.01)0 29. 29. 30. 31. Holi 5,038,611 90i •IncUides :?213,00 The daily closing quotations for securities, &c., at London are reported b v cable as follows for the week ending Dec. 31 ) Coin, Currency. $ 846,801 91 173. -74,018 93 I3.2S7.500 86 1.171,234 78173,831,706 86 13.273.774 56 1,071,858 y.i 17:<. -68.295 SsIlS. 120515 22 8is,3i9 72 173.832,873 29 13.015,655 74 •1,295,140 45,171.051,039 42|l2,6lO,768 74 I. Total... Fiuaudal .flarkets— Per Cable. 1,071.700 70 l,218.19i 41 952,199 50 688,047 71 1,108,418 59 Payments. day 5,213,369 79 gold ceititleates taken out of ca^h. — Attention is called to the notice given by Drexel, Morgan of certain changes which take place in their firm on the Ist of Januar}', in consequence of the death of Mr, Francis A. Drexel and the retirement of Mr. Egisto P. Fabbri, owing to the condition of his health. The new copartnership, under the firm names of Drexel Co., Philadelphia, and D.exel, Morgan Co., New York, consists of Messi-g. Anthony J. Drexel, J. Pierpont Morgan, J. Hood Wright, George C. Thomas, George S. Bowdoin, Edward T, Stotesbury, James W, Paul, Jr., and Charles H. Coster. Drexel, Harjes Co., of Paris, will continue unchanged. More than ordinary public interest attaches to the affairs of this prominent house, since the leading part they assumed the past year in settling the & Co. London. Sal. per 02 d Oonsois for money Consols for account. .. Silver, Fr'oh rentes (In Paris) fr O. B. 4ia8of 1891 U.S. 4a of 1907 3Ion. Tues. 46l5i8 995iB 997,8 47 80-25 1141>B 125'a Canadian Pacillc 01 97 Chic. Mil. * 8t. Paul.... Erie, common stock.... nitnola Central 25>3 I4II4 5569 llie Pennsylvania & Reading Sew York Central Phlladelplita 107 99s, Wed. ThJirs. 47^8 991i8 Fri. 4616,8 997i8 99 1« 99 12 99^i„ 80-35 SO-27'a 11473 1145a 114'e 125S8 125>fl 1251a 04I3 64 >4 64!fl 9«l2 9-58 98 >8 21=8 20% 27 14212 55ifl SS^s 5d>« 12 Ills 106% 10938 109% & & & 3 im West Shore difficulties, thereby lifting the whole stock market out of its depression. 1 C^qmmcvcial and ptisce Xlanegtts %cva3 — The partnership of Messrs. Blake Bros.&Co. in London exImports and Exports fob the Week.— The imports of last pired on Dec. 31. Mr. Emil Heinemann, who has been well week, compared with those of the preceding week, show an known as a partner in that house, now forms a partnership increase in both dry goods and general merchandise. with Mr, Walter D.ibney Heinemann, and carries on a general The total imports wore ^8,621,288, against $6,401,430, the pre- banking business at 62 Gresham House, E. C, London, under ceding week and |7,.")4.';,290, two weeks previous. The exports the style of Heinemann & Co. for the week ended Dec. 2!) amounted to |4,76.i,893, again't Attention is called to the card of the American Investment 16,444,818 last week and |6,4.5U,6-J0 two weeks previous. Th Company of Emmetsburg, Iowa, and of this city. This comfollowing are the imports at New York for the week ending pany offers 6, T and 8 per cent first-class farm mortgages for (for dry goods) Dec. 24, and for the week ending (for generfvl the consideration of investors, and those desiring this class of merchandise) Dec. 35 also totals since the beginning of the investment will do well to examin»the merits of the securities first week in January: offered by this company. — ; FOKKIOH IMPORTS AT For Week. Dry Goods Gen'lmer'dise. Total Since Jan. MBW — TOKK. 1882. 1883. 1884. *2,8C.',057 7,103,927, $1,415,900 5,917,494 91.440.529 3,4'i0,73l 92.167.515 6.453,743 97,413,391 91,907,279 98,021.283 $132,212,760 9121,508,817 .illl.<)72,4n? 365,517,4.50 339.371,217 303,519.55 $99,857,793 287.224.783 910,026,831 —Messrs, Kidder, Peabody & Co., of this city, are now the attorneys and agents of Messrs. Buing Bros. Co. of London, as Messrs, S. G. & G. C. Ward have retired from business. & 1. Dry Oooda Gen'l mer'dlse. Total 52 gwlca.l9497.7H0.2lnit460.890.034 (1415.492.016 9387.082.582 & Messrs. Winslow, Lanier Co. give notice of the payment of the January interest on a large number of securities at their banking house, SONassau Street. 1885 — ' & mw Co. are offering for sale Messrs. Chas, Unger $1,500,000 New York Central RR. 5 per c»nt debenture bonds, due in 1904, The attention of investors is called to this offer. ; : THE CHRONICLE. 12 Excliange. She IgauUers' Olai^jettje. DIVIDENDS. sided, Railroads. lliulson N. Y. Centrnl 4 4 A Hudson <St When Payable. 1 1>4 i\£ N. Y. Lack. & West, (quar.) Norwich* Worcpster Paterson Paierson Per eetU, 4 Raniaim Wayne AChio. (quar.).. special guar, (quar.) Do Pitts. Ft. 1% 1% Vermont Valley 3 Eleventh Ward Leather Hanu faoturerb' Nat 4 Banks. Ix>ng Island 5 3i« Seventh Ward National 3 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Bookt Oioted, {Day$ inclusive.) 1 to 19 Jan. 2 11 Jan. 5 5 1 to 5 Park Fire 5 excitement in foreign exchange has sub- week the market has been quiet and The 9-16. rates of leading bankers are as follows i:::: 2 Deo, 29 to Jan. 2 Deo. 23 to Jan. 2 Dec. 27 to Jan. December 31. 1 1 21 4 Dec. 25 to Jan. 4 Prlmebankers'Bterllng Prime commercial day of the year 1885 a comparison with the close of 1884 highly satisfactory. At that time there was a deep gloom in the market and prices of stocks were very low, New York Central selling at 85J, Lake Shore 60J, Michigan Central 55, Northwestern 83t, St. Paul 70^, Lackawanna 86|, Erie at 14, Northern Pacific preferred at 38|, Union Pacific at 45, and other stocks at proportionately low prices. But not only was the situation bad enough as it existed, the outlook was also discouraging, and the most sanguine persons could find little in the future to make them hope for a speedy improvement. Now all is different, and the recovery at the Stock Exchange since the West Shore settlement has been something almost phenomenal. The commercial prospects have also improved, and, except for the low prices in Europe of some of our principal export products, the immediate future would be full of promise. A slight " cloud with a silver lining " is also thrown over the financial situation by the erroneous views of some of our Congressmen, but it is possible that this cloud may be dispelled within the next month or two. The finale of the great West Shore-Central railroad fight is seen to-day in the declaration of a quarterly dividend of 1 per cent on Central & Hudson stock, the passing of the dividend on Lake Shore, giving that stock nothing for the year 1885, and the sales at the Boaid of the new guaranteed West Shore bonds {representing one-half the old bonds) at 104}, the highest last We price yet made. say the finale of that struggle, as it is in all j*-obability the end of the low profits and diminished dividends on the Vandcrbilt roads, which came directly from the West Shore complication. The annual circular of the Mercantile Agency of R. G. Dun <& Co. has just been issued, and from it we have the comparative statement of failures in 1885 as shown below. It is remarked that the total number of concerns reported in business in the United States was 919,990, and one out of every «6 failed; in 1878 only 074,000 were reported business and one out of every 64 then failed. Since 1875 the failures have : Demand. Sixty Days. on Iiondon. 4 86 Paris(franos) 5 4 sgia 84 «4 841a S3ioa4 83% 4 4 \S\9b (guilders) Frankfort or is bills Documentaryoommeroial Amsterdam Jan. Jan. WALL. STREET, THURSDAY, DEC. 31-5 P. M, The Xoner Market and Financial Situation.— It is a common saying that "comparisons are odious," but on this la's 5 40>.i«4058 9538,*95i9 Bremen (reichmarks) 16i4®5 15S8 40 <« 340^18 95'e»96 — United States Bonds. The demand for Government bonds continues and transactions have again been quite heavy, indicating large investments. Prices have been strong, though not materially changed. The Secretary of the Treasury issued on Tuesday the 133d call for bonds, retiring $10,000,000 of the 3 per cents on February 1. The closing prices at the N. T. Board have been Dec Dec. 26. Interest Periods. Dec. 29. 28. 4i«s,1891 ..reg. Q.-Mar. 11258 112V 1121a 4>«9.1891 .coup. Q.-Mar. *112Js 112<« 112^ *122''g 123 123 ..reg. .^an. 43,1907 18,1907 ooup.^C .-Jan. '124 |*123T8 124 3a, option U.S. ...reg,Q.-Feb. 104 :i8 '10414 104 38 (; 6a,cur'cy, 69,oar'oy, 69, our'cy, 69,cnr'cy, 6s,oap'oy. '95. '96. '97. '98. '99. ...reg.Jj. ..reg. J. ..reg. J. ..reg. J. .reg.'j. * & A A A J. *12ft%,*125!W J. *12S J. '13018*130% J. '13278! '132's J. '134%1'134^ 128 as follows: Dec. 30. Dec. 31. 1121a 112% 112% 123 Jan. 1. 112''e ;*l23ia ^ 12414 '121 10319 101 '^ 1 '125% •125% '125% •128 *12H 1*128 *130i9 '130iei'130i9 '13278 '132-'8'13278 w *134%'1343»*134% the price bid at the morning board: no sale was maoe. State and Kailroad Bonds. State bonds have again been prominently active, the sales covering a large number of i.^sues, as follows: $467,000 Virginia 6s deferred, at 10i-13i; $10,000 do. trust receipts, at llf $155,000 North Carolina special tax, at 7J-8i; $10,000 Tennessee 6s old, at 53; $1,000 Louisiana stamped 4s, at 75}; $1,000 Arkansas Gs funded, at 7; $9,000 Missouri 6s, 1886, at 103-}; $3,000 do., 1887, at 105i; $1,000 * Tills Is — ; do. 1888, at 108. Railroad bonds in the early part of the week were quiet and irregular without feature, but afterward they became quite active and generally strong ana advancing. The change is due in part to the demand incidental to the re-investment of interest money usually noticed at this time of the year, and an increased confidence in railroad bonds generally. The 43 appeared on the market this week and advanced 4} per cent on active buying. The closing prices and range of a few leading bonds are annexed. to new West Shore m been featureless, ; and 40i@40 Insurance. Niagara Fire —The this except for a reduction in posted rates of ^ cent on Monday as a further reaction from the sharp rise of last week. Posted rates close to-day at 4 86 and 4 89J. To-day the rates on actual business were as follows, viz: Bankers' 60 days' sterling, 4 85(gi4 85^; demand, 4 88(^4 88 J. Cables, 4 88|@4 89}. Commerciaibills were 4 84@4 84^. Continental bills were: Francs, 5 18J@5 18J and 5 16}@5 1.5| ; reichmarks, 95|(^95i and 95J@96 guilders, 40}@40 5-16 The following dlrldeads have recently bean announced Hamt of Company. and [Vol. XLII. Closing. DecH. Dec.31 Sangefor Loxccst. j'eor 1885. Blgliest. : N. Y. L. Tear. FaUuret Amount of Liabilities. Tear. ' Failurts. Amount Texas of Liabilities. E.& 2d consol. and Id. gr. West., & Pac, inc. Do do 63] 781 8714 3518 Rioa, 68, coup, off) 44 West Shore ^uar. 43 100 14 St. L. & San Fran. gen. m.6s... 100 Cauada SoatUein Ist Sa 105 Do do 2d 53 Col. Hock. Val. & Tol. IstSs.... 82 North Paclttc 2d coup. 68 9138 Denver A Kio Grande let 78 115 Do consol. 78 tru8t receipts. 80"' Fort Worth & Denv. C, Ist 68 Eiist Tenn. Va. & Ga., con. 58... 69% , 1876. 1876 1H77. 187(i 1879. 1880. 7.740 M,09/ 8,872 10,178 $201.000.0!>0 191,117,000 190.669,93H 234,3S3.132 6,65-< 9-i,l-lii.05a 4,735 _6V732,ooO 18SI. 1882. 18S3.' 1384.1 18S5. 5,582 6,738 9,181 10,968 10,637 S81,1.'j5,932 101,547,s64 172,874.172 226,343,437 121,220,321 The open market rates for call loans during the week on stock and bond collaterals have ranged at 3@5 per cent, and to-day at 2i@5 per cent. Prime commercial paper is quoted at 4@5 percent. The Bank of England weekly statement on Thursday showed • loss in specie of £187,315, and the percentage of reserve to liabiUties was 38 J, against 43 1-16 last week; the discount rate remains unchanged at 4 per cent. The Bank of France lost 0,735,000 francs in gold and 4,306,000 francs in silver. The New York Clearing House banks, in their statement of Dec. 26, showed a decrease in surplus reserve of $3 035 1.50 the total surplus being *34,712,650, against $26,747,800 the previous week. The following table bhows the changes from the previous week and a comparison with the two preceding years in the averages of the New York Clearing House banks 1885. Dee. 26. Thffer'neesfr'n Previous Week. 1884. 1883. Dec. 27. Dec. 29. Loans and dls. 9336.938 ,300!Dec. Specie Circulation... Net deposits.. Legal tenders. I<egal reserve Beserve held. orpins «636,O0C $295,874,200 $327,535,700 90,988 SOO'Dcc. 1,820,900 8-1,170,500 60,468.100 9.924 400 D'C. 81,:-.0l> ll,«18,t>00 15,45ti,8<X) 373,9.3 OOOjUec. 3,519,000 33,5.272,100 320,793,000 27,212, 700;Deo. 1,092,500 3B,592,300 26,479,100 $93,488, SSoJDec. 8337,250 S.-I3.818.025 $80,198,230 118,200, 9001 Dec. 2,922,400 124,762,800 86,947,200 »24^712.KK0lDcc.«2.03.Vl.M) 840,944,77.'S »«.748.950 . Do * t do Incomes 20% 91% 45 14 June 92 50 Deo. 30 49% 42 103% ICO Aiuil Dec. 103 109 91 July 103 Jan. Apr. Feb. 10!) Dec. 851a 8514 96 65 60 93 881a No v. t ^•0 Jan. Jan. Jan. 87 85 14 93 123 93 90 Doc. Doc. Nov.f Deo. Dec. 371a I1514 93 83 70% 2158 46% 62 44 10 Sept. eiTg Sept. Dec* 104 '4 Dec* J.an. Jan. Deo. Nov. 7118 Dec. 231* Nov. Sold first December 24. Sold first November 12. Itailroad and Miscellaneous Stocks.— The apprehension regard to gold shipments having subsided, and other features being favorable, the market opened strong on last Saturday and continued to advance throughout the day, and in fact it has been generally strong all the week, with only a temporary reaction on Monday. There have been no important influences brought to bear on the market, though the general drift of sentiment has been bullish, and the strength of prices has been further assisted by the rumors of a considerable covering of short contracts by some of the larger bear o[)erators Bullish talk has been directed principally to the Vanderbilts and grangers, and both these classes have been conspicuously strong. In regard to the former, a relatively good exhibit of earnings is expected for the current quarter, and it was at one time rumored that a dividend would be paid on Lake Shore the grangers are also showing improved earnings. St. Paul preferred has been especially strong and has advanced six points for the week. To-day, Friday, the market showed a healthy tone, though closing prices were not up to the best of the day. The business in stocks was rather overshadowed by the bond dealings, which were very large at a remarkably strong range of prices. in — .. . -. January ;! ; THE CHRONICLE. 3. 1886.] 1^ DECEMBER NEW YOUK STOCK EXCHANGE PRICES FOR WEEK ENDING AND FOR THE YEAR 31, AdM HIGHEST AND IX}WBBT PRICES. STOCKS. of the Week Friday, Jan. I,18HH. (Sb'res) 1885. Bsnge for year 188S. 1 8atiinla7) Dec. 26. Monday, Tuesday, Dec. 28. Deo. 20. Wedneaday, Thnndsy, ' Dec. 31. Dec. 30. Loweat. Hisbeiit. I Ardve Kit. Stocks. Caniullan Piifitlo Ciiiutilu i^outhci'ii 60\ «2>4 41 411.1' Central nf Ni-w Jersey Centrnl Paclflu Chesnix'uke & Olilo Istprcf. Do i3Ht 440b 4314 4314 4.1'a 12>g 121(1 20;i8 — — .. Dii 2cliirof Oliloajt" A Alton Qnincy C'lileuKO linrlim-'lon thtcan" Milwiiiikec iiSt. Paul. pret. Do A 4 Northwestern pref. Do Chioagn Rock Island & Pacillc. Cbleago Cticauo 8t. I/Oiiis it Pittslinrj;. 42!tt 12>fl 201a *14 1361a 9288 119 107 14 '133 129 14 pref. •32 Do CUcauu St. Paul Minn. & Oin. 36 pref. 102 ij bo Clevelantl Col.Cin.A- Indlaiiap. 52% Delaware I ju'kawannatfc West 126% Denver & Rio (Jraudo 181a East IVnni'ssi'c Va. & Ga Do 6 pref. & Tcrre Haute Fort Worth & Denver City 1038 08 Evansvillp 19% ens 63 42^ 2(i>a: Lone Island Louisville ife Nashville Louis. New All). & Cliicago... Ma II lull ta n Kle vated, coueol . Meini'hls .V, Charie.stou Mielii?;aii Central Minneapolis pref. Missouri Kansas Missouri Paeirtc <k Texas New York Ceutrai & Hudson. New York Chic. & St. Louis. pref. )o New York Lake Erie & West'n. prefDo New York & New England New Y'ork Ontario & Western. New York Susq. & Western. .. pref Do Norfolk & Western Do pref Northern Pacific Do 613 68 20 24% *14 1027a 9% '211a 2358 47 39 181a 7 14 21 10 29 2358 OliiOiSc Mississippi 69 22 3238 I'^s 2418 331a 20% 79 341a 514 35i2i Francisco pref Istpret 8t.PauI& Duluth pref I3I3 & 381s & 2II4 ; 45 46 14 45 37 8 -8 •30 38 I2II3 120% 120% 35 75 75% 971a 3812 9812 97 96 Bankers' & Merchants' "Tel... Burlington Ced. Rapids &. No, Cedar Falls & Minnesota Central Iowa Chicago & Alton, pref Cinciu. Ind. St. Louis & chic. Columbus Hoi kins Val. ifrol. Illinois Cent leased line stock 36 IOI4 35 89%; 88% 8OI4; eo 18 7«i4 : 7714 ! 27 18%: 89 80 45%; 37 ; ! I2II4 76% 76%; ; ! 21% 49 17 17 17 32% 34 20% 21 14 20% 21% 33 21 33 14 18 1% : 33% 971a 39 I 981a! 4 21% 78 78 34 34 35 35% 35% 36% 21% 21%: •21% 22 45% 46 46 46% 97% 97%i •97 98 98 98% 38% 38% 3334 38% 38% 39 98% 98% 98% 99% 99% 100 21% 21% 46% 46% 98% 98% 34 5% 5% 5% 10=8 III4 11% 13 20 20 '20% 2234 23 97 22% 24% 97 97% 05% 97% 4% 4% 4 •3% 80 •11 •11 31% 32% 21 155 70 33 13 21 155 70 33% I 21 154 : 145 62% 6% 8 •22 27 37 15% 15% 14% 15 9% 4% These are the prices bid and asked 6% 27 sale 39 101 14% 13 55% 56 12% 12% 22 22% 24% 25% 34% 97% 97% 27% 98 98 96% 96% 9% 4,710 25,900 21 8 Sept. 14 July Jan. 2,400 978 1.422 1,325 8,725 26,300 48,533 4,590 2,530 Apr. 18 July Feb. Jan. Apr. Mar. Apr. 77% 79% 9% 41 2 51 8 Jan. Jan. 80 Mar. 405 21 9,053 53,216! 7 7 27 38% 38% 15% 15% 15 15% 9% 4% 3,520 22 21% 22 33 33% 32% 33% 17 24 18% 17 100; 700! 66% Jan. 10 8 9 7 1501147 4,4721 18 50 8 I 17%' *24 *53 •130 1,060! *7 8 •22 27 23 was made 11 266 at the Board. 22% 600 1,655 2,800 15 7 Lower prlod Is ex-dlvldend. Nov. 20Nov. 20Nov. 21 Oct. 22 Nov. 27" Dee. 31 Dee. 31 IS 71 Oct. 26% Nov. 20- 40% Dec. 3 111% Nov. 25 70 Nov. 20137% Nov. 21 81% Nov. 2' 2 145 3 105 Sept. 3 Dec. 12: 2 62% Oct. 15 2 124 Dec. 30- 3 Oct. 14 36% Dec 1<V 11% Nov. e 6% Nov. 1 2 25 Mar. 9 130 July 11 11% Sept. 19 33 May 1 51 June 16 18% July 24 19% 301 '23 6 " Oct. 12 Deo. 1 Dec. 28 Dec. 28 Nov. 13 Doc. 29 Dec. 1 54% Nov. 24 133% Nov. 27 100% Nov. 27 2 2 204 Feb. 17 142 27 14 Not. 1» 18% May 19 Jan Oct. 18 18 20- 104% Nov. 16100% Nov. 4 87 July 23 17% Feb. 18 24% Jan. 29 155 Dec. 28 70 Aug. 25 43 Jan. 16 95 5% 37 10 Jan. 100 7% Apr. 110 4% May 42 !30 t 5!2 Mar. 28 June 8- 25% Nov. 2» 62% Nov. 18 15% Nov. 18 25 Nov. 1» 84% Jan 227 175 225 119% 50 120 30O 3% > 15% 15% 15% 16% 101 111 Dec. 14 Oct. 15 Feb. 4 10% Sept. 7 24 26 43% Nov. 27 6% Aug. 17 24% Nov. 18 49% Nov. 2099% Nov. 24 39% Nov. 25 Jan. 114% Jan. 10 11 84 200 16 100 29 54 39% 15% 16 15% 15% 26 87 59% Jan. 46% Sept. 500 45 57 15 22 39 24 1,378 107% Jan. 64,948 53% Jan. 100 9% *12 53% 53% 28 36% 6% May 42 130 Jan. 280 87% Jan. 109 48 Jan. 130 104% Jan. •3% :iO- 28% Nov. 13 21% Nov. 21 May 2,900 2,305 9,504 124 24 2% Nov. 7% June 30 79 Dec. 24% Deo. 13% Oct. 34% Oct. 31% Nov. 65% Nov. 13 May 44% Jpn. 18% May 2% Mar. 350 17% May 95 16% 9% 1% June 4% Jan. 3,020 1,570 145 103 9% 4% Dec. 52 49 14% Mar. 43,713 10% Apr. 61% 61% *3% Mar. 7.510! 15 81,538! 36% Jan. 4,940; % June 6,4001 10% .May 1,850 7% June 154 •22 266 no 7,218 12,240 130 2,750 130 23 ; 1 80 11% 11% Pennsylvania Coal ! 63% 47% Anr. May Nov. 14 Aug. 13 Nov. 11 26% Jan. 3 Apr. 13% Dec. 1» 818! 923 7 Apr. 23% Nov. 30 200 4% Apr. 15% Dec. 18 165 128 Jan. 2iI40 Nov. 33 2,110 115% Jan. 2 138% Nov. 13 193,347 64% June 8 99 Nov. 12 16,335 102 Jan. 28 125 Dec. 31 83,780 84% Jan. 2 115% Nov. 20' 1,325 119% Jan. 2il39% Aug. 13 2,106 105 Jan. 2, 132 Nov. 14 1,755 6% Mar. 3ll 18% Nov. 2 200 14 July li; 41% Oct. 31 18,468 18% Apr. 21> 44% Nov. 18 4,695 66 June 8!l05% Deo. 30 4,422 23 Apr. 30l 69 Oct. 31 130,745 82% .Ian. 22; 129% Dec. 18 3,721 4% June 25 24% Nov. 17 234 Jan. 8,290 8% Nov. 21 10,127 4% Jnne 14% Nov. 20649 37% Jan. 71 Nov. 18 2,450 14 July Nov. 21 4,890: 3 Jan. 11% Nov. 27 14 Mar. 39% Nov. 2» i',013 119% Jan. 140 Dec. 31 20.785 7% Juno 28% Nov. 21 8,265 l%Jaly 8, 21% Nov. 21 238,078 .5034 May 12! 89% Nov. 14 62 .Tan. 2: 80% Dee. 23 1 ,232 24.2J1 22 Jan. 16 51% Nov. 18 100 11% Jan. 6 40 Oct. 28 1,285 65 Jan. 15 123% Dec. 18 3,300 27% Jan. In! 44 Mar. 7 2.910 46% May 7i 79% Nov. 14 8,50 10% Jan. 36) 26 Nov. 13 l,-220 24% May 29 56»4 Nov. 14 87,416 14% Jan. •i7% Nov. 27 10,210 89% Mar. 11134 Dec. 31 200 6 .Tune 18% Nov. 201.800 33 Jan. 50 Dec. 1 102,812 81% June 107% Nov. X4 2,460 1% May 11% Nov. 204 Mar. 2,050 26 Nov. 14 171,260 9%M,ay 27% Nov. 13 3,150 18 June 57 Nov. 21 12,495 12 Jan. 39% Dec. 103,742 6% Apr. 20% Nov. 17 '99% 204 204 141 141 15% 15% 10 Central Coal 145 123 '130 135 130 Now & Western... -99 101 •99 New Y'ork New Haven & Hart. 202 202 Pittsburg Ft. W. & Chicago .... 141% 141% 37 : 103%!''102 I 23 31 200 70 pref. •7 •22 514 5 29 29% '29% 107%! 106% 107% 107 107% 67 66% 67% 65% 66% "'" 132 132% 133 133% 133% 73%! 72% 73% 72% 73% 32% 33 Essex York Lack. Quicksilver Mining Co Do pref Louis Alton ATerre Haute. South Caroliua 0% 12% 13% 55% 56% 12% 12% 22 22% 24% 97% 96% 27% ; 35% 212 39 101 109% 109% 109% 111 22 23 52 130 33% 34 21% 22 20% 23 13% 13% 95 16 special. 24% 25 18% 18% 33% 34% 21% 22 23 23% 96 98 1% 241" 24% 18% 18% 1% 1% 21%: 24 Manhattan Beach Co Mil. Lake Shore & Western.. • 10 30 26 38 6% 139% 140 26% 10% I 76 1% 1% 23% 25% . New 36 I2II4 12li4*l'20 351.J : Cameron <'oal Homeatake Mining Maryland Coal Co 6% 11% 11% 67% 67% 22% 23 8OI4 1 St. ' IOI4: . Do ' 21 139 14: Delaware »fc Hudson Canal. .. 96% 95% 97% Oregon Improvement Co 29 Oregon Railway & Nav. Co. 105=8 107% 106 108%; 107 PaelticMail 65% 67% 65% 67%i 60% Pullman Palace Car Co I3214 13214 132 132 *131 Western Union Telegraph 72% 73% 73% 73% 72% ExpreHti Stocks. Adams 142% 150 '140 150 141 American '102 104 102% 103% 102% United States '61 03 61% 62 62% Wells. Fargo & Co 120 120% 122% 1-22% Inactive Stocks. American District Telegraph31% 31% Atlantic & Pacitlc 8% 8% •8% 9% 9 & i 11% 11% " 69%i 21% 22 14 80 14 80 14 44 14 46% 3^ *34 110% 136 128% 13% 13% 21 I* 6I4 6%! •68 1% 1% 23% 24% 5141 Iron Uo 14 05%! 125 32 30%; 21 *21% 22 21% 21% 45 13 45%! *44 46 PaciHc. pref Consolidated Gas Co Morris 9514 104 35 iniacellaneons Stocks. American Tel. & Cable Co... Coloradi> Coal 96% 33% 33% 3914 39% 105%xl02%103 56% 56%l 56% (iO tl25''8 127% 125 126%: 32 St. Paul Minncap. & Manitoba. 108 108%; 108% IO914 108% 109 Texas & Pacitlc 10^8 12 11% 12% I214 12% Union Pacitlc 54 14 55% 54% 55% 53=8 55 la Louis 137% 137% 137% ; 79 2II4 Danville...' Richm'rt & West P'ntTerniinal Rochester* Pittsimri; St. 13714 i Richmond & Do 21 22 14 22% 2134 49 50 51 50% 50% 31% 32 '4 31% 32% 31% 32% IO8I4IIOI4 110 111 110% 11134 14 12 14ifl •14 1514 •14% 15 14% 14%: '44 46 45 14 46 46 46 45 104=8: 1031a 104% 103% 105% 105 14 106i4tl04%106i4 0%' 9% 10 10 10 10 10% 10% 10% 22I2 2214I 22 22% 22% 23 23% 22% 23 24 24% 34% 26% 25% 26% 25% 26% 24581 .50111 50 47 52% 53% 54 50% 52% 54% 39I2I 37 's 39% 38% 38% 38% 38% 38% 38% 18 12' I914 19% 19% 20% 20% 20% 20 20 7 '8 7I3J 71a 7% 7% 7% 8%, 8 8% 2II4 2214 21 '8 21% 23 21% 22% 22 22% •10 10 11% •10 11% 29 28% 29% 20% 30 29% 30 29% 30 28 14 27% 2838 28 14 28% 28% 28% 28% 28% 61 60% 60 60% 61=8 61% 62% 61% 62 20 Wabash 12141 21 8% 35 75 21 4L3M I2I4 137% 138% 139 24 la 26 14 25% 15% 15% 1 17% 88% 87=8 88 88% 44% 35 43 110 "'s 44 Peoria Decatur Evansville Philadelphia & Reading Do 69 20 7% 80 *33 121 13 121 74% 11 44%; 140 95 14 10,600 8,295 8,068 •A415 I 42% 42% 43% 44 122% 124% 124 109% 110% 109% 136 136% 136 1-28 128%! 128% 6I4 10% 30 21 *47 50 47 BO'S 31%! 30% 32 107% IO7I3 108 14 109 1=8 &San 19% 1514 871a 43% 44% 59 1» Oregon Short Line Oregon & Trans-i ontinental./ Do Do 11 68 1« 8 H-M *30 35 138 138 24I3 25 Ohio Southern Louis 6% 6H (fi4 IOI4 6818 19i» 11 80 2713 pref Ohio Central St. 141-j 62 14 63 6314 42%: I Moliile vt Ohio Nashv. Chattanooga &St. Ij)u1s I •14 15 ! 15% 47 12% 12% 20% 21 14 la 14% I 871a 7414 4456 l2;s< ; 15% 35 44:'.t 12:Ik ' 851a 1201.J 43% 44% 63 42 140 140 I36I3 1361a 136% 137 137 1 93'i8 951-.: 94%! 93.)8 95 120 la 121% I2II4 122% 121 10!) % 1081a 109 »8 108%110ii 136 135 1311a 129 129 xl27%128 129 14 I312 13 131a I3I9; *30 -30 35 35 37 37J4 38 h 37 H^ 38 103% 103 103% 104 10414 54 5« 551c 55I2 53''8i 12818 126% 128=8 126% 128 2OI3 21 19141 20 14 201a 20% 20%; bonis ct St. Do 231a 41:'m i Central Indiana BloouiliiKf n & Wcat'u I>akc Erie & Western Lake Slmre & Mleli. Southern. 63 42 43% 42% •19% 201a 20:18 *14 15 *7ia Grceu Bay Wluona&St. Paul. 81a '30 Houston .Vi Texas (Jcutrul 35 Illinois 4314 121a 6214 41 '4 Dec. 31 Dec. 4 Nov. 4 Nov. 5 Nov. 5 Oct. 21 Nov. 28 Nov. 20 Dec. 5 16% Nov. 17 15% Nov. 18 Dec. 2 9 i06 .. .. .. .. .... . a 1 ; THE CHRONICLE. 14 New York RAILROAD EARNINGS. and the totals from Jan. 1 to The statement includes the gross latest date are )?iven below. eaminfiis of all railroads from which returns can be obtained. The latest railroad earninKS Latest Earnings Reported. Roads. IWeekorMo] 1884. 1885. Jan. 1 to City Banks. week ending December New York ffl . . j i Buff.X.Y.& November. I'bll 190,061 64,650 211,028 67,344 15,328 161,000 35,278 307,436 70,932 163,107 187,586 Biir.Ceil.R.ANo. ;!ilwkDccCalifoi'a South'ii Ootflber . 2,71.5,789 3,dl9',6l6 119,789 8,114,492 5.576;970 1,275,411 1,418,308 2,762,360 2,953,614 625,815 580,441 1,272,023 1,097,374 7,831,717 8,552,041 2,858,258 2,683,-597 21,908,399 21,189,422 Chic. Burl. & Q October . 33,4001 1,627,860 1,516,366 44,22 Chic. & East. 111. 3dwkDoc. 22,809,571 wk Dec P. 3d 515,000 Mil. & St. Cliio. 477.400 421,300 23,701,008 22,900,030 Clilc. & Northw. 3d wit Dec. 105.400 04,500 5,695,315 5,668,542 Ch.St.P.Min.AO. 3dwkDee. 23,677 18,598 1,262,046 1,438,480 Chic. A W. Miob. SdwkDcc. 47,279 46,233 2,304,610 2,370,386 Cin.Ind.St.L..!itC. 3awkDec. 2.52.6701 231,136 2,419,830 2,419,155 CIn. N. O. AT. P. November. 38,753 39,512 1,621,618 1,759,463 Cln. Wash.* Bait 2tlwkDec. 468,822 8,429 7,805 470,970 Clev.AkroiutCol 3d nk Dec. 27,119 29,861 Clev. & Canton. October... 22,623 180,556 21,973 190,874 Danbury & Nor. lOctober ... 25,037 Day. & Iroiiton. October... 1 13,796 95,145 5,986,217 5,4'i5,i82 Denv. & Rio Or. l3il wkDee. 95,425 751,480 89,555 936,718 Denv. & R. C4. W. November 10,297 7,681 348,188 375,841 Des. Mo. & Pt.D. 31 wkDec21,686 15.814 1,191,045 1,298,217 Det.Lan.s'git No. ;3d wk Dee Dub.&.SiouxCity 3d wkDec. 23,700 17.661 879,666 901,421 380,180 3,710,593 3,616,819 E.Tcnn. Va.&Ga. .Vovomber. 400,781 13,521 13,437 719,246 Evansv. & T. H. -Jdwk Dec. 717,923 39,444 34,924 1,877,452 2,200,565 Flint & P. Marq. 3dwkDce. Flor. R'wav & N. 2d wk Dec. 24,021 27,593 932.480 934,887 Ft. Worth & Den. November. 43,514 36,273 431,095 437,884 324,381 335,241 2.654,457 2,320,280 Gal.Har.&S. An. October... Grand Trunk ... jWk.Doo.lO 315,819 312,086 14,813,979 16,666,677 Gr. B.W.&St. P- October.. 36,006! 30,216 Gulf Col. & S. Fe. November. 240.409! 160,656 1,620,881 1,.585,547 304,532 286,893 1,538,693 1,712,078 Hous. & Tex. dSeptember lll.Cent.(tll.&So) 3d wk Deo. 322,800 281,223 10,717,476 10,'292,414 (lowai 3d WkDee. Do 45,000 3.3,922 1,626,236 1,676,173 JInd.Bloom.AW. 3d wkDec 62,638 42,103 2,355,053 2,260,526 k.C.Ft.8.&G»lt.:2d wk Dec. 41,162 45,500 2,117,925 2,300,947 Kan. C. Sp. & .M. id wk Dec. 27,493 32,297 1,433,013 1,131,931 Kentuckv Cent'l October... 87,042 96,258 710,392 773,412 L.Rk.it Ft.Smitb October. .. 82,175 76,828 453,350 432,002 L.Rk.M.Riv.&T.IOctober... 44,792 42,615 256,106 270,094 45,364i Lone Lsland i3d wkDec. 41,988 2,810,031 2,731,575 ;La. i Mo. River. jSeptember 50,940 70,004 409,933 501,385 'IiOUisiana We.st.' October... .59,615 49,940 484,433 370,191 Loul.'iv.& Nashv. 3d wkDec. 271,495 286,490 13,299,210 13,278,533 Uanliattan Elev November. 590,893 578,163 Mar.Hough.A O. 3d wk Doc. 6,673 3,905 816,874 809,932 Mem. & Cliai-ie.s. October 133,795 126,245 1,029,954 1,111,864 •Mexican Cent'l. 3d wk Deo. 73,000 78.5.50 3,444,997 2,907.766 *Mex.N.,all line.* November 119,321 122,282 1,404,470 1,456,790 Milwaukee & No 3d wk Dec. 10,885 10,240 515,043 508,471 Mll.L.Sb.&Wesl. SdwkDc!-. 26,385 20,080 1,300,717 1,089,563 Minn'ap. &St.L. Octol)er... 172,410 173,739 1,412,709 1,498,482 Minn. A Northw. November. 35,242 Mobile & Ohio .November. 237,134: 2.53,332 1,774,804 1,875',775 Morgan's La.&T. October 433,371 356,071 3,246,954 2,731,603 Nash.Ch.&St.L. November. 181,188 196,001 1,941,200 2,161,170 N.0.& Northeast ."November. 75,910 91,964 615,311 445,357 N. Y. City & N.) 20 dvs Dei 24,397 16,.550 JN. Y.L.Erie &\V. Octol>er . 1,623,737 1,511,159 12,968,795 13,967',57i N. Y. Pa. & O. lOctober... 524,869 .524,550 4,124,770 4,680,917 N.Y. & NewEng. jOeiober ... 339,965 306,734 2,828,705 2,753,'243 N. Y. Ont. & W.. ]Noveml>er. 15.5,187 151,970 1,725,592 1,803,965 N.Y.Susq.&West November 97,344 97,275 1,005,949 946,524 N. (f. Tex.A, Mex.lOctolier 26,725 Norfolk & West 3 wksDec. 187,8.53 ]94,212 2,709,542 2,058.261 Northern Cent'l. Novemlier. 483,594 474.805 4,983,2'23 5,079,6(19 Northern Paellic November. 1,249,358 l,ll(i,379 10,574,328. 11,85. Ohlo&Mlss October... 365,603 354,880 3,064,750 3,113,850 Ohio Sonthem November. 48,874 49.746 425,949 125,892 OreRon Imp. Co. October 309,358 333,129 2,419,659 2,837,513 Oregon Short L. October 176,833 113,409 1,499,925 771,777 Greg. R. & .N. Co. 3d wkDec 96,039 18,794 Peniisylvania. .November 3,971,5393,9.50.937 41,.568,345 44,797,583 Peoria Dec.&Ev. 3d wk Doc. 14,.578! 12.301 714.843 739,819 Flilla. & Erie Niivember. .3(K1,407 32(i,2Sy, 3,012,825 3,379,022 Pliiia. & Reading October 2,878,370 2,940,541 23,971,561 :6, 102, 164 Do C. & Iron Octob .|1,837.566 1,729,623 RIchm'd &Danv. November. 365,998 371,276 13,009,8'2043,740,574 3,615,358 3,507,015 Ch. Col. .fe Ani;. November. 77,735' 81,558 734,627 692,131 Columbiatfe Gr. November. 78,023; 88,162 620,9571 604,924 Georgia Pac. November. 72,928' 72,397 600,344 .528,382 Va. Midland.. 'November. 1.32,'291 122,715 1,420,015! 1,474.184 West. No.Car.. Novemlier. 43,059: 38,639 427,374 398,480 Roch. & Pittsl»'g ;5,iwk Deo 24,470 20,989 1.192,209 1,112,764 Rome Wal & Og. October 182,246 170,264 1,415,809 1,419,805 et. Jo. & Gd. Isl. 3d wk Dec. 34,118 28,664 1,049,399 Bt.L. Alton&T.H. 3d wk Doc. 27,217 21,397 1,179,287 1,'29.V.768 Do Branches 3dwkDoe. 17,630 14,584 732,288 721,912 St. U F. 8. & W.[3d wk Deo. 13,521 7,883 628,929 491.676 8t.L.<feSan.Fraii.!3d wkDcc 80,181 81,614 4,272,604 4.556,5.-i3 Bt.Panl&Dubith 3d wkDec. 27,901 •34,413 1,3.53,5.52 l,280,i!95 et.P.Min..\:.Man.;.\ovembor. 865,878 879,440 6,804,576 7,494,758 Soioto Valley... |Oet>ber... 51,635 Soot h Carolina. October . 134,961 157,352 9i6',2i'o 968,263 Bo.Pic.Comp'yAtlan. System 0<tobor... 9.15.759 822,266 7,130,358 6,114,001 Paci He 8y«t«m Oc tuber .. ;'2,1 13,219 2,265,444 Texas & N. O. ..Ioctol)or .. 91.666 81,015 866,242 69i',930 Tex. A .St. 1-ouis •2d wkDec 42,7lll 32,323 970,427 Union Pacillc... Ociolier. 2,768,627 2,649,214 1,163,818 21,117,405 20,9'23,466 Vloksb'gA Mer. .November. 61,839 54,029 412,127 444,385 Vlek9b.Sli.&pgc.!Noveml>er. 01,0.58 55,13: 378,655 237,28:" Wab. St, L. A P. !4tli wkNov 374,962 »62| 314,302 12,712,632 13,734 135 7f IWest Jersey... Nov ember. 8.1,382 82,8421 1,199,142! 1 236 518 Wisconsin C e nt'l '^ d wk Dec. 28.6051 28.564 1393 194 1359 787 •Meiicjiii euireocr^ IndiiinapoUs Dsoatur & 9prlngfleW In either I v^*.'i'"",'"'.',"» year, V Ana bron" he^J' *"" "^^ ^""^ PeWlvania & OWo road. . Canadiau Pacific 3U wk Dec Central lovra-. SdwkDoc. Cliesap. <& Ohio. October... Ellz.Lex.i&B.S. October.. Ches. O. & 8. W- October... Chicago & Altou 3d wk Dec 105,000 28,418 270,181 68,574 136,945 179,609 . I . ' i ; Banks of New York City for the 36, 1885: Average Amottnt of— Bank*. Loans and DiscoxmU. Specie. 9 9 1884. 1885. —The following statement shows the condition of the Associated Latest Date. 960,486 1,016,023 123,688 98,63 Ala. Gt. South'n November. ;1,67(),075 1,742,060 12,714,611 13,594,879 Atoll. T. & 8. F. lOetobcr . 183,355 249,712 21,478 27,410 October •Soiiora 115,831 106,849 1,215,245 1,124,433 Bait. & Potomac November. 441,058 467,065 7,288 3dwkDeo. 11,565 B08t. H. T. & W. . Vol. XLII. 12.610.000 9.487.000 7.940.000 Manhattan Co Merchants' Mechanics' America Phenii City Tradesmen's Fulton Chemical Merchants' Exch. 8560.000 U.850.700 2,744.000 9,769.700 2.399,000 Batchers' ADrov.. Mechanics' & Tr._ 1,81)0.200 Greenwich 1.270 300 1,011,700 Leather Mannf'rs. 3,083,1300 Seventh Ward State of 1,182.900 3.407.400 N.Y Amerie'n Exch'ge. '.8.214.000 Commerce Broadway 17.B62.8,M 5,824.400 6,129.400 2.512.300 6.132,000 4,043,400 1,723,800 3,817.000 9.0S3.200 3,098,000 Mercantile Paolflo Republic Chatham North America ... Hanover Citizens' 2,37.i,600 Nassau ..... Market . ... Nicholas Shoe & Leather.. Com Exchange... 2.410.H00 3,112.000 1.984.400 3.211.000 5,550,900 4.940,000 St. Continental Oriental Importers'* Trad. "..821,700 20.000,100 18.211.100 1,733,000 1,163,800 18.423,600 8,470,000 2,573.000 5,320,400 19.428,900 3,261,000 Park North River Bast River Fourth National.. Central National.. Second National.. Ninth National... First National Third National... N. Y. Nat. Exoh.. Bowery 1,3<!4,300 2.176.600 2.078 800 ,... N. Y. County aerman-.Vraerlc'n. Chase National... •2,734,800 3,028.400 3,023,500 Avenue Fifth 843,700 1.918,000 2,403.900 392.000 5,344.200 406.700 QermanEich'nge. Qermania 2,1)44.300 l,9tl2,700 United states 2,959.700 2.204 0)0 1.377,700 1,181.000 3.344,800 1,640,000 2,030,100 1.616,100 Lincoln flarflelrt Fifth National.... B'k of the Metrop.. 317,800 101.000 99.700 944.700 274.700 66J.010 5.087.000 8,153,800 321,200 l.'fW.SOO 533,100 1.316.200 970.900 185,100 723.000 2.688,200 457,100 930.200 150,000 348,200 247,700 90,000 -.a... 276,100 590,700 236,900 l,480.'2O0 4,4l'8.500 2,146.800 4,585,400 10,333,900 3.145.000 3,513,900 2.864.000 2.047.700 1,727.700 3.806.000 4,743.700 5,467.800 1.980,000 23.048.100 23.949,800 1,831,000 1,042,100 18.997,500 10.013,090 3.380.000 6,709,600 19,796.800 5,635,000 420,000 243,700 301.600 210,200 46.100 486.000 247.000 669.700 380,000 2013.000 tion. 993,100 2.881,900 1,207,800 3,728.200 16,466.000 20,031.300 4.829,300 6.859,700 3.047,200 5,S29,0n0 444.'200 522.500 Ctrcula S. 12.318.000 11,058.000 7,748.300 7,745,000 11,421,100 2,423,000 13,793,300 2,121.300 1,768,700 22.948.800 3,313,100 3,911,600 1,717,100 1,193.000 2.089,800 254.800 467,800 175.100 193.700 3)5.900 179.300 299,400 2ti5,l00 768.000 854.800 337,900 322.000 5,403.100 4,981.300 53.000 231.200 3,240,100 2.684.000 780.000 2.039.700 3.031.900 1,221.000 298.000 513.500 381.600 547,300 735.800 645.609 260.000 352,300 1,018,800 613,800 225.200 131,700 902,900 319,800 309,700 408,700 than V. 630.000 683,000 977,600 303.000 681.300 283,000 971,000 172,300 181,700 841.300 212.400 360.700 206,900 215,000 98,100 214.300 118.300 452.200 2.546.000 •2.887.000 1.220..500 1,017,800 I5,2oa.200 ll,35o,300 771.700 3.140.210 60.=i,700 5.370.000 Oallatin National.. ^"„%2»*" Leoal renders. 1,196.300 2,227.000 179.000 138.400 1.134.000 411.000 394.000 428.100 777.400 281,200 180,200 159,600 319.800 164,700 223.700 . 689,800 893,800 45,000 423,000 45,000 180,000 205,200 263,100 410,300 440,000 103,600 ........ 983,400 16,000 ........ 222,800 180,000 247,000 38,000 46,000 430,700 179,300 224,000 180,000 l,3'. •2,400 2,458,300 2,832,100 2.721,300 3,836,700 3,135.100 2,683,000 2,596,300 3,225,300 156.5:10 380,000 310,030 98.100 392.200 203,500 233.400 313,700 215.200 800,700 84,600 2.983.0.10 1,503,400 '.,304,600 ...... 2,600 617,900 44,500 46,000 180,000 44,700 44,200 135,000 4,233,100 1,888,700 2,132,400 1,870,900 193,000 336,938,300 90,988,200 27,212,700 373.933,000 9,924,400 West Side Sealmard Sixth National.... I . . . . ' I . Total The following are Loans. 1886. totals for several L. Tender*. Specie. 1 weeks Deposits. past: 'Oirculation Ago. Ctear'gs $ S'ptl2 326,706,300 111984300 ^ 19 328.287.500 n0'233900 " 26; 329,039.100 1092,14400 Oct. 3 330,75(9.300 107091300 " 10 331,900,300 103472900 " 17 335.473.000 103630300 " 24 340.247,100 10O817.i0O " 31 344,3e0.S00 97,034,200 NT. 7 340,958.900 93,844,900 " 14 1340,369,100 92,798,300 " 21 339.493,200 93,658,300 " 33 :541,n87,yOO 93.579,300 Dpc. 5 338.614,100; 91, 381, '.00 " 12 338,726,800 94,019,500 •' 19 337,574,3001 92.818.100 " 26 338,938.3001 90,983,200 9,755,900 484.337,653 9,738,400 480,733,380 172,400 389,,121,000' 956,9001388,.131.500 ,171.800 335,,977.200 ,747,900335,,360,000 9,81(1.800l471.63-3,048 9.903,300372,076,277 505,100 387,298.;<00 9,9i3,30(i:8,39,S60,J49 S7^2.30O3g7. ,798,400 9,956.800 702.000,82 t 717,500,385, 189,600 10,003,000 823,373,048 517,800 334 ,479,200 9.991i.400 893.214-,389 799.800 330,,768.400: 9,992.400 773,418,616 757,400l380,,234,'200' 9,952,000 779.244.286 009,700 331,,108,900 10.077.300 808,933,911 814,200:332,,11)9.900 10,033,300,750,425,793 014,900 :i77,,635,200 10.095.200 742.188.508 ,069,30O|373,.121.800 10.032,500 731,110,421 305,20O|377,,302,000! 10,005,700 ;ill,393.573 212,700l373,;,953.000l 9,924.400 6:18.731,15 2 ' Boston Banks.— Folio wing are the totals of the Boston banks : . . 1885. Specie. , 1 ' . . . . Deposits.* $ . . . L, Tenders. $ S'ptl2 153,167,600 •• 19 151,811.300 '• 28 150,653,500 Oct. 3 151,363,000 •• 10 153,718,100 " 17 153,161.000 " 24 153,051,1011 " SI 153.708,401' NT. Circulation Agg. Olear*QS 7 154,375,300 " 14 155,283,601 " 21 155,822,100! « 28 158,277,900 Dec. 6 155,448,900 " 12 154,450.100 " 19 154.1411,000 " 26 16;3,043.flOI) 8,814,300 8,812,700 8,8-'8,500 8,883,000 8,983,300 8,978,700 8,369,100 3,368,800 9,014,700 9.148,200 9.160,000 9,163,200 9,237,800 9,748.800 10,140,400 10,371,000 61,403,263 4,198,500 109,316,:300 21 817,700 4,16:i,000 110,411. 300 21 436,200 4,576,100 103.338, 100 21 417,800 4,753,600 110,015, 300 21. 403,400 4,337,900 112,713, 200 21. 4'22,301) 4,449,000 114,98,3,'000 21,417,200 4,849,600 116.836 •JlPO 21.,:i61.6O0 5,533,200 115,910, 100 21.,333.700 5,683.000 117,963, 700 21,,473,000 5,406,300 117,772. 900 21.,639,300 5,109,300 U6,571. 100 21,,627,800 3,101,900 116,314, 300 21,,617,700 4,527,000 116.075, 00021,,603,000 4,290.500 114,237, 90021,,441,800 4,184.100 1 1'2,632, 300'21,,271,801) 4,247.900 112,846 ,80021,,131.600 65,4-38,231 61,500,006 83,509,518 72,425,489 73.440,888 7S.729,983 78,974,841 91,173.896 87.185,520 94,333,791 79,311,'2P3 91,085,060 81,1SI9,954 84.908,642 68,353.380 . . Philadelphia Banks.— The totals of the Philadelphia Loane. Lawful Honey. Deposits.* . I I banks are as follows: sept. 12 19.... 28. Oct. 3. 10. 17. 24. 31. 7. 083,200 137 800 253,5.0 797,300 180,900 143,200 ,977,200 14'2,700 8S16,500 14 83'2..500 21... 28... 978.000 234.800 280,800 673,700 ' S... 12... 19... 26... ;i98,100 28,127,600 856,500 28,2^1.31)0 785,6(10 27,355,800 27,719.100 28,210,700 28,979,000 29,559,300 30,483,600 30,634,700 30,301,500 29,760,000 30.03 7.500 29,248.300 27,720,300 27,075,100 402,OJ0 ,931,000 037,100 ,982,500 ,2511.11)1) ,296,8"0 .464,600 ,158.800 ,938,900 ,310,300 123.200 . ,1^03.900 ,083,000 28,n72.'200 749,600 ,751.600 •Inoladlng lue item "due to otner banks." Oirc«iatfon.].lj(;. Ctear'gs S 7,323,730 7,380,950 7,406,050 7,392,500 7,391,.300 7,394,501) 7,432.300 7,417,500 7,419,500 7,413,823 7,420,600 7,433,500 7.438.500 7.421,500 7,413,500 7,392.500 1 1 40,138,137 46,098,275 41,203,271 50,974,977 47,976,207 63,991,0551 53.943.6181 47,333,0391 56.589,705 60,433,8371 80,747,834] 48.194,8971 69.458,8281 52,375,7931' I 54,187,4'26 46.123.089 K MJ Jancary MJ THE CHRONICLE. 1880.1 8, I I 15 GENERAL QUOTATIONS OP STOCKS AND BONDS. 1- t)io pitr III iv ii»; oclKir ijiiietll >\n are frui) leiidy int In pitr nhirn. thi inriwne v»l in. wli ir. ' ." f.i ijjlil: "ij'il," forg'Hr.mtJol; "otil.. " for en lor«eil irUlfi. "It _.," fir . ,. .. The fiilliiwl ii< ul>l)r«vl«tlciin ans (>r»ii iHBil. vU : Inml ({rant. Hliikliu' r I'ul; "*i. f.," for nliUliu' uul; "1. "I. t'.." ff.." for In for in>iu-i<i-;Uilti ••oiiiiv.." foruoiu-KrMUlti <1: ••ooiiv.." forooiinolhlatwl: Qiiot»tloM» III .Vow York iini tii Tliiirs(l:iy from otlinr ollli'v. i.) luto iiiiill ilutos. qimtnflons III Mow Y^irlt roi>r.Mi«'it M ' : : .•tabscrlborm will coiil^r UNITED STATBN BONDS. t>«ii, 4a, if. 3a. Sa, 68, 68. 6e. es. Allegheny, Pa. -B«,op., '83-97.. V«r. 100 Var. 100 4148, coup.. 885-l501 ! rf,?..0-M 112%iu2^' 112»s!ll2^ rcK...Q— 123 'h 123% fiK.lSOl 1891 1 4a, coup., lliOl Allegheny Co., 5», op., 48, riot loan, 5-IOb do 48, 10-20S do 5-10«., 58, do 58, lO-SOs ooiii)..Q— 11107 li)07 oiitlon V. 8 .Q— coup.. 124 M I2t:'8 10S"8 .1 .re(?..Q.— 125^1 Currency, 18(t.").. ...roK Currency, 1H90.. ...rex Currency. lSi)7.. ...ren .KfeJ Curri'iicv. IHitS.. ...rcK Currency. 189<J.. ...reii J'SiJ 132',^ JiSiJ J*'' I2S 131% STATE SECUBITIEV . 1 & K. Rlv.,1900..A&O New, reg., 3ia8, Delaware— G8 AS JAJ 190-4 iiuii. (!.s, 7b, JAJIjUS 116 '4 J A Jl '2038, 12138; FAA|102 J A J I03>s 105 AO A JAJ |g FAA FAA 52 1888 . . 1887-91 JAJ JAJ 53 lOJ, 102 1 1 'O * 111 112 115 ; ;•••.-• Q—J ^'*S MAS 5s, gold, 18i»7 133 KK.,1886 MAN 1920 JA.I 68, JAJ AAO UO 8 . I i bonils, 3-4-5-68, lu i 109 funded 1912 Settlement, 3s 52 54 0U%; 66>si 60% 65»B, Ky— t i > I M 1 I MA8I 113 .. 1892-1910 MAS! 118 1904 JAJI lao 68, fundeil Vermont— 68, 1890 Indianapolis.Ind.- 7-30s,'93-9, JAJI J Al) Ill's 113 Virginia— 6s, old, 1886-'95....J A J 43 Jersey (Mty— lis, water, long, 1895.. 43 68, new iHinds. 1886-1895... J A 7s, water, 1899-1902 JAJ Os, consols. 190.5. ex-coup 53 Var. JAJ 50 78, Improvement, 1891-'u4 88, consol., 2d series 78, Bergen, long FAJ JAJ «0 68, deferred bonus I219J 12^8^ MAiS Hud.son Ciinnty ba, 1905 Tax-receivable coups. .fi*<micon8'l8 41 43 Hiiilson County, 6s, 1903 JAJ Do from 10-408. 60 Hudson County 78, 1891 J,«D Funding bonds. 3.<. I>>:t2 Bayouue City, 78, long J A.I JAJ 60^8! 6l>4 CITW NKCUKITIES. Lawrence, Maaa.— 68, 1894... AA O Albany, N. Y.— Os, long AAO Varlousl 115 68, 1900 78 long 128 r./>ni.' Island ntv. N.Y— Wat<>r.7s.'9.'S Texas— 6h, 1893 78, gold, 78, gold, I 1 .1 I — , no late tRtnsactiona. I 1 I AAO Non-fundable, 1888.. consols . I j AAO 23. 1869. . 1 AAO : Tenn.— 68, short 68, long Newark— 5a, 127 1 8I9 1,1898-9AAU do class 2 do W'n N. C. RR.AAO do Wil. 0. AR.. AAOi new, cons., 1910 91% J A Jl goifl „ 115 neial 68,1919 Ohlo68,1886 J A J'lOJ Penna.— 5s,new, reg.,'92-1902.FAAlll'^ 119 48. leg., 1894-1904 FA Aijl^ 48,reg., 1912 FAAJH^ Rhode IsI'd— 6s, 1 893-9. coup. J AJ 120 South Carolina— 6«, Act of March » 5 Price nominal Nashville, 75 101 1 JAJ AAO * new I . Compromise 57 . 5a, I I exempt. 1896 JAJ*|l-i'^. New York-63, gold, rag., '87. .JAJ lOb 68, gold, coup., 1887 J A J JOb 6s gold, 1891 \^^M 6s, gold, 1892 l-^i^ii 68, gold, 1893 AAO H'',*' No. Carolina— 68, old, 1886-'98..JAJ ^0 6s, N C. RR., 1883-5 J A J U JSo 68, do AAOTjlS? 6b do 7 coupons off JAJ l-** 68 do 7 coupons off ...! AAO 135 6s, funding act of 1866 1900 JAJ do 68, 1868,1898AAO, 1111 Mobile, Ala.— 3-4-58, fnnded..MAN 53 113% Montgomery, Ala.— New 3s .J A J 55 i Ill 68. Brown 90 : i War loan, Gs, 1892-1894 JA War loan, «3, 1901-1905 JAJ l-*" New Jersey—6s, 1897-1902.. ..JA.Pjt'^ Tenues.xcc— 6», I Var.t 108 JA.It|112 Vs, 1896-1901 78, water, 1902 I I Jl 114'Sj 116Js 68, 6e, 68, 48, 86 100 A Dl MUwaukee, Wis.— 58, 1891... J no 103 1« US RR 104>«<105 4s, 1911 MBmplil8,Ten.— Tax.DlBt.ShelbyOo , liy'a 120>3 Michigan— 7s, 1890 .lIANlip Minnesota- New 4198,1912 ..J A J|102 Mlasouri- 63. 1886 J A J 103 Funding bonds, 1894-93 ....J A J Long bomls. '89-90 J A J JO" Asylum or University, 1892. J A J lU Hannibal A St. Jo., 1886... -J A J ^Oo do do 1887....J A J 10^ New Hampshire— 5s, 1892 JAJ 109 do 102 >s 120 1 108 ^i^S?, 1897 JAJ loo's Massachusetta-5s, gold, 1891. A&O 109 UO 58, gold, 1894 JAJ) ;'-^?i|ll5 new bonds, 1892-8 , MAN 75u 75% 3-C58, 68, Chatham 68, special tax, class 101 101 I ...^-- 1914..JAJ War debts assumed, Os, '89. AA Ot 88 10 i Q—J 112 Maryland— 6s, e.\ompt, 1887. 6s, 1 ! lOSifl Stamped 4 per cent Baby bonds, 3s, 1836 6s, Hospital, 6s, 1890 58, 1890 100 100 I J A JtiHO 78, endorsed, i88(> 7s, gold bonds, 1890 88, '76, '86 Kansas— 78, long Maiiie-4.'!, 113 I I 7s, 78, 108 1 Var.l 109 Var. 100 102 ,58.18001900 MAN 103 104 Lowell, MaM8.—68, 1890, W. L.MANI lll%ill2 113 Lynchburg, Va.— 68 1 A J HI 88 J A J 124 FAAl 10l>4llU2i« Lynn, Maaa.—6s, 1887 110 Water loan, 68,1894 JA.I 118 Water loan, 68, 1896 JAJ 119i«:i20 114 lie MANI 58, 190l> 105 112 Macon, Ga.— 7b 117l«!ll9 Manchester, N.H.— 6s, 1894.. ..JAJI 6s, 1902 JAJ 1261^128 101 I W»sli.-Fuiiil.loan(Cong.)68.K.,'92t 115% Fund. loaii(I>5K.)(>8,K..1902Varl 12^> 12OI3 Market stock, 73, l-<92 [ISO's Water atock, 7s, 1901 ;130i4 do 1903 Lonislana- New con. Aak. i t'uar., 1891...J.M.It Il5'*l, 1S91 Florida— Conaol. gold 68 aeorgla-68, 1886 78, new bonds, 1886 Var dates , Var.l 121>f 132>« • ll?"* 1171a ;117 1924, rei; FamliiiK -13, 1899 Perm. Imp. . I FAA H" S-G.'js. Penii. 48, JAJ' AAO Bid. Ky.— 78, Ions dates '104 [107 |1C8 103 long 118 Var.l 116 long 122 Var.l 120 78, long Bangor. .Me.-Os. RK.,1890-'94.Var.l i'07"" 109 J126 121 120 12014 JAJI Var. 7a, water, long water, lOO."} 68, 113 New Bedford,.Maa8.— 68, 1909. AAOI 132 134 68, E.A N.A. Railroad, 1894.. J AJf HI 117 A.AO 118 [118 68. B. A Piscat.-iquis RR.,'99.AAOI 115 38, 1900, Water Loan Varl 100 103 N. Brunswick, i^. J.— 78, various...! 100 Bath, Me.- Os.railroad aid 102 95 104 .58, 1897. municipal 6a : 106 New Orleans, La.— Premium bonds. 93 Belfast, Me.— Gs, railroad aid, '98.. 104 106 108 Var. Consolidated 6s, 1892 Boston, Mass.— Var) 134 136 Newport, Ky.— Water bonds 7-30s.. 113 1115 68, cur, long. 1905 128 130 Var. 119's 120 New YorkCity-58, 1903 68, currency, 1894 105 106 Var.l 122% 123 68, 1837 58, gold, long 113 125 jl26 116 AAO 68, 1896 4>fl8, 1908... 135 136 JAJ 108 107 68, 1901 48, currency, long 117 118 119 118 7s, 1890 Brookl}Ti,N.V.— 78, 1890 133 134 114 116 7s, 1896 6a, Water, 1891 141 143 130 131 7s, 1901 68, Water, 1899 131 133 142 144 Newton— 6s, 1905, water loan. .JAJ 117i«'118l« 68, Park, 1921 150 ir.2 JAJ 38, 1905, water loan 78, Park, 1915 106 140 141 Norfolk,Va.— 6s,reg.atk,'78-83..JAJ Bridge, 1902 78, l.iO Var. 127 152 88, coup., 1890-93 7e, Bridge, 1920 127 110 111 88, water, 1901 Kings Co., 1888 78, 103 104 AAOI 11| ilia Norwich, Ct.— 5a, 1907 68, Kings Co., 1886 115 J.AJI140 Var.t 78,1905 Buflalo. N. Y.— 78,1895 , M15 iifo" Var.t[ 130 Orange, N. J.— 78, long 7s, water, long 106 MASli 115 Oswego, N. Y.-78, 1837-8-9 68, Park, 192G.... Vat 124 Cambridge, Mass.— 5s, 1889... AAOI lOSifl lOtia Paterson, N. J.—7a, long 116 120 lis 119 JAJ 68.1oug 6s, 1894. water loan 103 lAJ I22k I2.'«ia .58, long 6s, 1898, water loan • 102 103 132 134 JAJ 412S, long 68,1904, city bonds JAJ 103 82 Petersburg, Va.— 68 Charleston S.C.— Gs, st'k,'76-98. .Q-J 117 23 88 78, Are loan bonds, 1890.... J A J j*jng us 1191s 107 88, apecialtax 78, uon-tax bonds .— ... 82 Philadelphia, Pa.— 68, old, reg.JAJ 48, non-taxable 123 Chelsea. Mass.— 6s, 1 897, water loanl 121 6s, n>iw,reg.,du8 1895 Aover. JAJ 133 V.ar'8 yrs. 101 116 116>s 118 48, new Chicago, 111.— 7.3, 1892-99 112 104 Pittsburg, Pa.— 43, coup., 1913.JAJ. 101 68,1895 106 106 Is JAJ. 110 4i«s, 1900 and coup., 58, reg. g. a tr-f 1913 117 Var. 116 991s 100 3-65S, 1902 63, gold, reg llOii 126 Cook Co. 73, 1892 78, water reg.Acp.,'93-'98...AAO. 123 Var. 100 1081s 1081s Cook Co. .58, 1899 7s. street imp., reg, '83-36.. 108 106 106 14 5p, Refunded, 1910 CookCo. 4'ss, 1900 115 1021s 103 Portland, Me.— 6s. Mnn., 1895.A'ar.l 114 West Chicai,'!) 03, 1390 IO718 MAS 123 12314 Lincoln Park 73, 1895 6s, railroad aid, 1907 112ia 110 113 N.H.-6s,'93,RR. JAJ 7s. 1890 Portsmouth, West Park 105 14 100 Poughkeepsie. N. Y.— 78, water South Park (is, 1899 lieisl 117 1900.. .JAJ) MAN) Providence, R.I.— .58, g., Ciucinuati, 0.-6s, 1897.. 136% 1311a 7-308,1902 63, gold, 1900, water loan...J A J 127 :138 100 1884-1914. JAJ 1201b 101 J.tJf Richmond. Va.— 68, 48 JAJ 141 88, 1880-1909 Southern KK. 7-308, 1906. ..JAJt 130% ISIH JAJ 10714 -MANI 119% 1201a_ 58, 1914-13 68, g., 1906 do Var. no Cur. 68, 1909....FA.At| 119% 1201a Rochester, N.Y.— 68 do J A Ji 133 Skg. fd. 3s, 1910.MANt; 109 109% 7s, water. 1903 do 100 1021a Rockland, Me.— 6s, '39-99,RR.. FAA 1021s 103>a Hamilton Co.. 48 80 82 Var.l 104 105 St. Joseph. Mo.— Comp'mlse48, 1901 Cleveland.O.— 7e, 1387 Var. 103% 104 14 123 St. Louis, Mo.— 68, short 7». 1894. funded debt... .....AAO 122 Var. 111 MAS 120 127 6s, 1892 78, 1880, canal 103ia Var. 103 120 Var. 119 5s, long 68, 1828 Var. 103ia;i04 Var. 101 103 3s, 10-20 58. 1887-89 lAD.t IO214 103 Var. too 48, 1903 Columbus, Ua.— 78 AAO 120 123 115 7-308, long 117 Covington. St. L. Co.— 68, gold, 1905 103 Var.. 1105 Currency, 7s, 1887-88 7-303, sliort 106 Water Works, 1890 1 110 St. Paul, .Minn.— 68, long .....;1I3 105 107 78, long Dallas, Texas— 8s, 1904 Var.illO no 115 8s. 183996 108, 1893-96 128 96 99 Saleia, Ma.33.— 63, long, W. L.AAOI .126 Water, 68. 1900 JA.TtHl5iall7'a Var.l 120 38, 1904, W. L Detroit, Mich.--73, long. Var. 125 school San Francisco— 78, Var.l 7s, water, long 70 Elizabeth, N. J.— New 43, 1912. JAJ 65 08, gold, long 98 101 132 Savannah funded 38. consols Pall River, .Mass.—68, 1904. ..FA Al 131 FAA 108 110 ^omerville, Mass.—5a, 1895..AAOI;10yia HI 38, 1894, gold AAOI, 114 115 FA.M 114 116 38, 1905 58, 1909 Springfield, Maaa.-Os, 1903. .AAOI |116 1II8 Fltchbnpir. Mass.— 68.'91,W.L..JAJI lltij 113 AAOI 140 142 105 78,1903, w.aterloan Galveston, Tux.— 88,1893-1909..MAS 103 AN 95 JAD Toledo, O.— 7-30S, RR., 1900. 58, 1920 Var.l U5 Hartford, Ct.— City 6a, var. dates. .1 106 8s, 1893-94 121 131 Washington, D.C.— See Dist. of Col. Capitol, untax, 68 lOO 106 102 V'lmington, N.C.—68 105 Hartford Town 4'a8, untax 112 ;107 8s, gold. con. on Haverhill, Mass.—68, 1889... AAOI 1051a 107 116 33 40 Worcester, Mass.—68, 1892. ..AAOI, 115 Houston, Tex.— lOs 6b, Valley 58, 1916 MAN I03k 104 District of Coluinlila— Cona.3-6"is. 1924, coup ClTT SBCDKITIIW. IjOuIs vlllo, 78, sliort 68, long 6a. short Q— UO UCa Q— 110 O— 107 MA? 112 78, Ark. Central UK.. 7a, Xxiveeot 1871, 1900 California— 68, civil hoiuls, '93-95.* 102 Oonnectlcut-.58, 1897 J&J AA. 106 105 101 , 6s, consol., 1890 68, Bait. A O. loan, 1690 1... 68, Park, IsiR) 68, bounty. 1893 do exempt, 1893...M 6a, JAJ 58, water, 1894 JAJ 68, 1900 68, West. Mil. RR.. 1902 .... JAJ 15 6 2 1900. A A O , Atlanta, Ga.— 7a Do. 88 Alabnmiv— Cliws "A," 3 to 5, 1906. . U00<« 102 tna»8"B,".'>8, 1900 102^ »7 Cla*8"C," 4«, 1906 108 10-20, J * J 6b, 1900 ~ 7>4 Arkansas— (iH, fiindcil, 1899 ..J A i 78. L. R. A- Kt. 8. iBsne, 1900. A i O 15 15 78, Motr.iihls cfe 1,. K., 1899. .A A O 15 78.1,. R. IMi.AN.O., 1900..A&O 78,Mi8.s.O. ...Var. 100 IDIU.JAJ} 100 99 P9 100 100 111 112 111 Waterworks. Augusta, Mo. (is, 1887, miin..FAAI 102 Varlouf 105 Augusta, Oa— 7s 115 Austin, 'Pexas -10s Baltimore — 68, Pitts.ACi.niiellsv. RR.,'86JAJ 102 13(|i« JAJ Bid. CiTV SKCUnlTIICS. Ask. Bid. UHITKD STATES BONDS. a favor by nlvliij notice of any error dUcorered In eheag Qnot»tloo«i. Purchaser also pays aoerued Interest. ! , 35 40 103 110 107 118 112 UO 109 110 109 130 113 112 119 123 58. 43, 112 110 120 129 100 In London. AAO AAO 1905 1903 R.AILKOAD BONDS. 117 106 119 103 {Boiuls of enmpania ••.oiiKotUlated will be found under Ihe consoU- dtUed name.) Southern— Ist inort., 1008; 100 Susq.- l8t M., 73, '88... JAJ Consol. luort., 7s, 190C,giiar..AAO 129 Consol. mort., •is,190(l. guar. AAO 117 >« Ulegh.Val.— ««n. .M.,7 3-10s..JAJ 122 AAO East, exteu. M., 78,1910 AAOi 14 iQConie, 7a. end, 1394 108 Ill 130 118 123 Ala. Gt. Alb'y A ^ Part being redeeuioU. | 20 U Conpons on siooe '69. F F J THE CHRONICLE. 16 [Vol. XLII. AND BONDS-Continued. GENERAL QUOTATIONS OP STOCKS Plr»t Page of Qnotatlon.. For Explanations S.e Note» i^ton.Ton.A8.Fe-l8t,79,g.,'99.J&JiJJ24'6 Land irrant, 78. K.. 190^.....A&0 :tl24 SlnkiiiK fund, 6s, 1911 •'^^,\9i^ Guaranteed Tb. 1909 J&J&A&O 1119 A&O 1101% 5b, 190!) (Istmort.) 1920 M&8 sr> 9S 112 125>a iVi^ l2J»s N.Mex..feSo.Pac.,lst,78.1909 A&Oi \^3 Pueblo & Ark. v., 1st, 7s, K..1903. 12;iM 122^ Pueb IOOI4 Bonora I9t, 78. 19lo'. guar.. J&.I \\0 iia>« Wicblta&8.W.,l8t,78,K.,gua..l90-J lilt's 1 Atlanta & Charlotte Air L.— I8t,78 117 97 13 Income. 68 he Atlantic & Pao. -1st 68, 1910 . . J&J J&J 21'2 25 Incomes. 1910 88 Central Division, old, 68 67 new ds do Baltimore <StOhio-New 48 ...A&O ,„_, lOi F&A /2T^ 108 58 gold, 192.5 J&U ;^?g 108 Bterling, 58, 1927 115 M&S '13 120 Sterling, 68, 189.5 Sterling mort., 6s, g., 1902. .MAS ; Jig 124 do 68, g., 1910. M&N ;i3'.i 121>9 Parkersburg Br., 6s. 1919. ..A&O 124 Balt.& Pot'c— l8t, 68, g., 1911. J&J :123 123»2 1st. tunnel, 68, g., g'd. 1911. A&O 126' "8, 1893 J&J F&A 1905 A&O tis, 1913 BelvidcroDcl.— l9t.68,c.,1902.J&I! F&A 3d mort 6a, 1887 Boston & Albany— 7s, 1892. ..F&A J&J 68. 1S90 Gap— Ist, 10313 . HI9H119%! lily's 120 103'4 1141s Boat. C('ac.& Mon.—8.F..68,'89.J&J il03 A&O 1114 Cousol. mort., 78, 1893 37 Bosl. Hart.& E.— 1st. 78, 1900.J&J J&J let mort., "8, guar tlld 78, A&O. ,,^, '92 Boston & Lowell— ,,^^ 1899 Boelou & >Iaiu&— 78. Bust. & Providenco- 78. 1893.J&Jill23 Bost.&R.'veieBMi— l8t.68.'97.J.feJ,lll9 Brad ford Bord. & K.- Ist, 6s, 1932 --•Bradf.Kld.&Ciiba— l.st.6a.l932J&.ll ••48, IChic. Mil. &St. Paul— P. du C. Div., Ist, 8s, 1898. 70 2d mbrtg F&A 1898 .F&A J&J 1902 J&J La. C, 1st M., 78,1893 J&.1 I. &M., let M., 7s, 1897 P. D.. 2d M., 7 3-lOs, Ist, *, gold, 78, & Dak., Ist M., 78, 1899. J&J Hast. & Dak., 1 st M.,7s, 19 1 0. J&J I'a. Chic. & Mil., l8t M.,78, 1903. J&J 1st mort., consol.. 78. 1905 .J&J 1st M., L & D. Ext., 78, 1908J&J 1st M.,6s. 8'thwest Div.l909J&J 1st M., 58. Lii O. & Dav.l9i9J&.I 10358 Brooklyn Elevated— Ist mortg 71>a . 1908 . , Dayton&Mich. —Consol. M&N Q—M 58 63 Delaware j I ! [ 1 115% 8513 75 A*0 80'8 75 30 70 118 126 126% incomes do 130 1st mort.. 68, on extension 130 D.)t.&B.C.l8t,8s,en..M.C.1902.M&N 130 Det.G.Haven&Mil.— Equip.0s,191H ;109 lie's Con. M.,5!« till '84, after 6:t-. 1918 tl08 106 Det. L. & North.— 1st, 7s, 1907 .J&J 1120 117 50 Det. Mrick.& M.— Ist. 6S.1921.A&0 Land 105 A&O tl05 A&O tl21 A&O 1111 35 120 111 no 12014 grant, 3 138, 1911 Income, 1921 Dub. & Dak.— let M., 68, 1919. J&J 119 Dub,& S. City— l6t,2d Dlv..'94. J&J Dunk. A.V.& P.— l8t,7s,g..l900J&D no East Penn.— 1st M., 78, 1888. M&S 105 E.Tenn.Va.&Ga.— lst,7s,1900J&J 118 let mort., consol., Ss, 1930 ..J&J 70's 70Bb 10513; ibsiii 114 105 Income, 68, 21''8 1931 Divisional. 5s, 1930 J&J E. Tenn. & Ga., l8t,68,'83-86.J&J 23 98 1886-M&N E.Tenn.&Va..end.,68, no 117 Ala. Cent., let, 6e, 1918 J&J 94 Eastem,Mas8.— 6s, g.,1906. .M&S tl2li« 122 L03''b Ellz. City Sterling debs., 69, g.. & Nor.—3.F. 1906. .M&S tl21 deb.,6e.A&0 M&S 1920 Ellzab.Lex.&BlgS.- 68. 1902.M&S 124 let mort.. 6s, 99 Elmira&W'mspt— Ist B8,1910.J&J 58, perpetual Erie & Pittsb.- 2d, now Ist Cons, mort,, 7s, 1898 130 A&O J&J 105 105 J&J 110 Equipment. 7s, 1900 A&O 102 Evausv. & Crawf.— Ist, 7s, '87. J&,I 100 Evaus.& T.H.,lst cou.,6s,1921,J&J 114 A&O 10219 A&O IIIOI3 5s, 1900-01-02 A&O till A&o;tn9i3 69; 1897 78,1894 A&O 112319 Flint & P. Marq.— M. 6s,l920. A&O 1115 10713 Mt. Vernon- Ist, 103 6s Evansv.T.H.&Chi.- let, 6e, g.M&N 106% Fitchbura- 58, 1899 Ill's Holly W. &M., 108 02 1st, 88, 111 112 120 124 1901. J&J Madieon&N. W., 1st 78.g., 1905 112 79l« 80 Worth & Denv. C— 1st, 68, 1921 Frem't Elk'n& Mo.V.— 68,1933A&0 11514 1151a Gal.Har.&S.A.— lst,6s,g.,1910F&A 1 13 2d mort.. 78. 1905 J&D 105 West. Div. Ist, 5s, 1931. ...M&N 91 do 2d, 6s, 1931.. .J&J Gal.Hou8.& Hen.— lst,58 A&O 71 Georgia— 78, 1883-90 J&.1 Ft. Ft. 121 no 119 125 120 107' J&J 6s, 1--S9 Georgia Pacitlc-let, 6s, 109 ]08i« 1922. J&J 2d mort 42 46 IO7I4 Gr.Rap. & Ind.— 1st, l.g., g'd, 78, g. n\9 l8tM.,7s, l.g., gold, not guar. A&C) 1115 Ex land grant, Ist 7e, '99 10.2 II313 Gr.B'yW.&St.P.- let,6e,19H.F.&A 80 11313 2d, incomee, 1911 21 Gulf Col. & S. Fe— let, 7s,1909 J&J "87 58 118 Ho'9t.E.&W. Tex.— l9t,78,'98..M&N 2d, 68, 1913 J&J SO a.& Tex.Ceu— Ist ra.,78,gu»r.l891 5102 West. Div., l8t, 7s, g., 1891. .T&J Waco & N. W., l9t, 7e,g.,-. 90 i.J&J Con9. mort., 89, 1912 \&0 lu Loudon. 5 85 102% 87 55 62 111 113 _ 90 >• 119 109 109 acorliug, S. F., 53, g., 1903.. Sterliui;, gen. M.,68, g., 1895. Jl 14 a-erliuif. 58. 1905 J,tD'll08 I 88 597I3 1915 Gen. 1921 A.tO aunt. & Br.Top-l9t, 78, '90..A.teO 2d mort., 78, g., 1895 F&A Cons, 3d .M. 5s, 1895 A&O 111. C.'.iit.— l,st M.Chic.&8pr.'98J&J Mi Idle Div. reg. 58, 1921. .. F&Al 89, mort. ds, A&O A&O II918- 497 Waco &N., i 241a A&O Han.&.St.Jo.-Cou. 69,1911. .M&S H:ou9atonic— let M., 79, 1885. F&A 2d, 69, 1923 , , 133 llti'a 7lis 7319 I 1 ' 12413 12513' Deuv.&R. G.W.-l8t, 68, 19n.M&S 126 26's Denv.S.P.& Pac— lst,7s,1905 .M&N I2i Dee M. & Ft. D. -1st. 6s, 1905. J&J let cousol. mort.. 79, 1910 General mort., 5s, 1913 12t* ! | — Mort.,68,gu.ar..'95..T&J Del.& Bound B'k— 1st, 78,1905F&.'\ vio Del.Lack.& W.— Conv.78,18S2 J&D M&S 137 Mort. 7s. 1907 Den.& Rio G.— 1st, 79, g.,1900..M&N 115 no 651a Coneol. mort., 78, 1905 do 68, 1905 "si" si Cin. H. & L, Ist M., 7s, 1903. J&J 1112 80 jCin. & Eastern— Ist, 78, 1896 J&J 45 105 Oon8ol.,7s,gold,1900.a8»'d.Q-.M 1»4 ad mort., 78, 1900 26 Cent. Ohio— 1st M.. 68, 1890. .M&iJ 109 >« Consol., gold. 68, 1912.. 5 Cent. Pac.— l8t, 68, Kold,'95-98. J&J 115 Cln. I. St. L. & Chic- Con. 68, 1920 tl06 8. Joaquin, l8tM.,68,g.l900.A&0 IO714 01n.& Indiana, 1st M.,78,'92.J&D t. 109 Cal. & Oregon, Ist, 68. g.,'88.J&.I 103 do 2d M.. 78.'87-92. J&.I 1107 108 do scries B, 6s, 1892 io;< Indianapolis C. & L., 7s of '97 1113 115 Cal.&Or. C.P.bonds,6s,g.,'92 J&J 107 109 Ind'apoU8& Cln., l9t,78,'88.A&6 110513 106 Land grant M., 68, g., 1890. A&O 103 Cln. Laf.&Ch.— Ist, 7s,g., 1901. M&S 1113 115 .<]( West. Pacif., Ist, 68, g., '99. J&J 112 Cin. Northern.— 1st, 69. gold, 19.J0, 4) 50 Charl'te Col.&A.— Con8.,7s,'95.J&J ll.i ...... Cin. Rich. &Clilc.— let, ta, '95. J&J 1109 2d mort., *« ...v., u., 7s, a. 1910 Ao^v Aii/ J&J 1117 JOEJ 110 iCin.Ricii.&F. W.— let, 78, g. J&D 1110 112'£ Cheraw&Darl.— lBtM.,8s,'88.A&0 104 Cin.Sand'ky &C1.— 68, 1900. .P&A 1103 104 2d mort., 7s 102 7s, 1887 extended .M&s 1103 105 Ches. & Ohio— Pur. money fd.,1898 112i« Consol. mort., 7s, 1890 J&D tl04'fl 105 Series A, 1908 A&O 104>4 Cln.&Sp.— 78,C.C.C.&I.,190i.A&O 11313 lli's «e, gold, 8er.B,int.def.l90S.H&N 7914 78, guar., L.8.& M.S.. 1901.. A&O 117 6«,cnrrency, Int. def.. 1918. .J&J H^ a.Mt 361. ICln. Washmgton & Bait.— ««. 1911 A&O. 97 100 1st M., guar, 4139-68, 1931. M&N 101 102 Clieg.O. AtS.W.- M.5-69.1911.F&A 90 89 2d mort., 59. 1031 j&j 71 72 * Price nominal; no late transaotions. t Purchaser also pays accrued interest. ' J&J 1120 l9tmort., 78, 1905 112 100 841« A&O & M&N C— J&.l . 1 6s. 89 'a 84 Cumberland & Penn.— let mort 2d mort Cumberl.Val.— l8tM.,8s,1904.A&O 13212 Certiflcates of Indebtcdaess. 6s-. 91 Cin. & Cliic. A. L., 1886-'90 104 Iowa— New Ist., 7s , '99. J&J 5109 111 Chio.St.P.Min.&Om.- Con. 6s, 1930 Inc. bonds," debt certs.", 79,A&0 36 Ch.St.P.&Mlnn. lst,6s,1918M&N 122 Eastern DIv., Ist, til, 1912. .A&O 67 1« North Wise, Ist 68, 1930 . J&J 118 Ills. Dlv., let, 6e. 1912 St. Paul&S.City, 1st 68,1919. 123 113 Oeni'lof N. J.— let .\I,79,1890,P&A 112 jChlc. Tom.th.—Scrip, l!)05 :ii8 78, conv, 1902. assented 1U7 !Chic.& W.Ind.—S.fd. 68, 1919 108 Consol.M..7s,1899,as8ented.Q— 106 le 1061*1 Generalmort., 69, 1932 Ad)U8tment bouds. 7s, 1903.M&N 107 107141 Cin. Ham. &Di»yt.— Consol. Income bonds, 1908 M&N Am. Dk.& Imp. Co.,.5s,1921.J,W Leh.& WUke8b.Coal.lnc..'88.M&N 104 111 127 Col. 13514 1:.6 Cent. Conv. dcben. 122 1st, 78,1901. M&S 104% 105 & Xenla— l3t M., 78,1390.M&S 1107 Conn. &Pa98iimp.— M.,78, '93. A&O tll9 lYgifl Massawlppl, g., 6s, gold, '89 J&J »103i4'l03% 18 Conn. Val.— Ist M.. 5s. 1922 15 16 Conn. West.- 1st M., 7s, 1900. J&J Connecting (Phlla.)— 1st, 68 ..M&8 I2OI3 77 Consol.RR.of Vt.. Ist, 5s, 1913. J&J 78 1181* Col. 8prlngf.& . A&O 123 12119 123 — 99 104 Bun. Brad.& P.— t)en.M.7s.'96.J&J 136 J&J So. Minn. I8t6s.l910 Bufl.N.V.&Erie-lst. 78. 1916.J&D 132 45% Chic. & Pac. Div. 63, 1910 .. .J&J 12014 Butt.N.Y.& Ph.— l8t,68,g.,l921.J&J do West. Div., 58,1921. J&J 10413 2d niortg-ige, 79, g., 1908. ..Q—M Mineral Ft. Div.. 59, 1910. .J&J 102 .M&S Gen. M., 69, 19.'4 Chic. & L. Sup. Dlv., 59, 1921J&J Buff.Pittsli.ie West.— 68,1 921 A&O •35 40 Wis.&Minn.Div.,59, 1921... J&J 104 Pitts. TitU8v.& B.— 78, 1 896P&A 98 90 J&J 103 Terminla 5s, 1914 Oil Creek, Ist M., 68, 1912. A&O 40 Dubuque Div., let. 6s, 1H20.J&-J 113% Union & Til U9V., lst,7s,'90.J&J Warren& Fi'kln.l8t,7s,'96F&A 105 108 Wie. Val. Dlv., 1st, 6s, 1920. J&J 1041s Pargo&South.- 6s.as8.1924.J&J 115 Bafl.& Southwest—68, 1908. .J.&J 138% Chic.&S.W.— Coneol., 78,1915.Q— Bur. C. B.& N.— l8t.58,new,'06.J&Li 107% 98 CouF.lst &COI. tr., 58.1934. A&O Consol., gold, 78, cp., 1902. .J&D 12914 J&D 128 do reg Minn. & St. L.. Is'. 78, guar. J&D 130 do A&Ol 116% Sinking fund, 69, 1929 C. Rap.I.F.& N.,l8t,68.1920.A&0 98 do Ist, 58, 1921. ...A&O 58,1929 A&Oi 109 do debent., 5s,1933.M&N 104 OalUor. Fac— 1st M., 7s, g.,'87. J&J do 2d M.. 68, g.,end C. Pac., '89.J&.J 2.5-vrs. deb. 5is 1909 M&N 10313 Eecaif.&L Sup., let, 68, 1901.J&J 116 3d M. (guar. C. P.), 68, 1905. J&J do do Dee M.& Minn's, lst.79.1907.F&A 124 38, 1905. J&J 45 44 California 80.— Ist, 6s, 1922. ..J&J Iowa Mid., Ist M., 89, 1900. A&O 131 Camden & Atl.— lst,78, g.,'93..J&J Peninsula, 1st, conv.,78,'98.M&8 2d mort., 68, 1904 A&O Chic. & Mil., 1st M., 7s, '98.. J&J 129 Cone. 68, 1911 J&J 108 108 14 MU. & Mad., Ist, 68, 1905. .M.&S. 114 Oam.& Bur. Co.— Ist M., 68,'97.F&A Madison Exr., 1st, 78. 1911. A&O Canada So.— lstM.,guar.,1908.J&J 106 Menominee Ext.,l8t.7s,191 1 J&D 2d mort., 58, 1913 M&S 8 tie 8414 Northwest.Un,, lst.7>', 1917. M&S 104 Carolina C«ut.—l8t,6s,g.,1920.J&J 103 Winona & St.Pet.— l8t.78,'87. J&J 107 80 2d. inc.. 68, 1915 A&O 75 do 2d M., 7s, 1907. M&N 127 Catawlssa- Mort., 7s, 1900.. .F.feA 131 135 Ott. C. F. & St. P., 5e, 1909 M&S Cedar F. & Miu.— Ist, 78, 1907. J&J tllo 116 C!hic.R.I.& Pac— 6s,1917,coup J&J I3II2 Cedar R. & Mo.— let, 7s, '91... F&A tin iim 6s, 1917, reg J&J 131 let mort., 78,1916 M&N 128 1281a Exten. &COI. 58. 1934 J&J llOia 2d mort.. 7», 1909. quar J&D HI934 12013 Chic.&8.W..lst,78,gHar.,'99.M&N C*nt. Br. U. Pac.,l8tB,68,'95.M&N 103 C!hlc. & St.Louis- l8t68, 1915,M&S 108 Fund, coupon 7s. 1895 MAN 103 Chic.8t.L.&Pltt.— lat,5s,lS>32.A&0 Atoh.& Plke'8P'k,lst. Ss.g. .M&N 100 Chic. & Gt. East., Ist, 79, 93-'95. 100 Atch.Col.iftPac.,l9t.(!s,1905q.— 101 Is 103 C0I.& Ind. C, Ist M., 78, 1904. J&J tU8 AU!h.J.Co.&W.,lst,68,1905.Q,— 100 do 2d M.78,1904.M&N 106 Cent, of Ga.— 1 .It. cons., 78, '93. J&J 114 Un.& Logansp.,lst,78, 1905. A&O 1113 M&N 122 M&N Chic.& Mich.L.Sh.— l8t,8s,'89.M&S Bkl5'uIiatli&C.I.-lst.69.1912.F&A M&N 41 Clev.&M. Val.— 1st, 7s. g.. '93. F&A Columbia & Gr.— 1st, 69; 1916. J&J 109 t04's A&O SB's 2d mort., 6s, 1926 1071s Col. Hock. Val. & Tol— Consol. Ss 107 Col. &Hock.V.— l8tM.,7s.'97. A&O fill do 2dM., 7s, 1892. J&J 1104 101 (3ol. & Toledo let mort. bonds .. tllO tlOO do 2d mort 9213 Olii0&W.Va.,l6t,8.f.,7s,1910.M&N 1107 & Can. So.-lst, 7s, 1902 A&C & East HI.— Ist mort. 68, 1907 Income bonds, 1907 110 Ist, con., 69. gold, 1934 .... A&O 95 Chic. & Gr. Trunk— Ist mort.. 1900 1109 120 22 59 J&J 1105 23 25 3d mort.. 79, 1888, now 2d. A&O 1105 Is II4I2 lie's Dayt. & West.— 1st M.,68, 1905.J&J nio Chic. Chic. ' 40 21 100 . Bur.&Mo.(Neb.),l8t,68,1918.J&J 1113% 120 Cons, 68, non-ex.. J&J tlOSia 109 do 94 do 48, (Neb.), 1910... J&J 193 do Neb.RR,lst,78,'96A&0 1115 118 1122% i23 do Oin.& S.W.,l8t,89,J&D 113 14 113% lU. Grand Tr.. let. 8s. '90. ..A&O Dixon Peo.& H., lst,8ii,1889.J&J 1110% IIII3 tl27 128 Ott. Osw. & Fox R.. 88, 1900. J&J 11313 Quinoy& Wars'w, let, 8s, '90. J&J IH3>4 itoh'n & Neb.-let, 78,1907 »I&8 1124% 125 ! Wash. Ask. 3d mort.. gold, Ss-ls, 1331. .F&A Income 58, 1931 Scioto & Hock. V, 1st, 7e....M&N Bait. Short L., Ist, 78, 1900. .J&J Clev. Col. C. & I.— 1st, 7s, '99. J&D Consol. mort. 78. 1914 J&J Cons. 8. F.. 78. 1914 Gen. con. 6s, 1934 J&J Belief. & Ind. M.. 78, 1899. .J&J Clev. & Pitts.—4th M., 68, 1892. J&J Consol. 8. F., 7s, 1900 t 3a 1181-2 Cin. & Bait.— (Continued) — , 8t.I..Jacks'v.& C, let.78,'94. A&O I*J H^i^ Hi^ J&Jl^^i'-'H, 121 1893-94. J&J 123 1896 New 123 119 118 do l8t guar.(564),78,'94A&0 118 '98 .J&J do 2d M. (360), 78, do 2d guar.( 188) 7s,'98. J&J 65 Chie.& Atlantic-let. 6s,1920.M&N 2d. 68, 1923 ;^-^A^A^ 137' 190i>.J&I Chlo. B. & Q.-Cons., 7b, J&IJ tl04 Bonds. 5s, 1895 A&O IO714 5s 1901 M&N i'913 debenture,' 5s| A&O 108 58, 1919, Iowa Div 9913 A&O 96J3 do 4s, 1919, F&A 49, Denver Div., 1922 ., M&S 92 4s, plain bonds, 1921 Bur. & Mo. R., I'd M., 78,'93.A&0 tllS Conv. 88.'94 ser.J&J do Loui8'a& Mo.R.,l8t,78,1900F&A 2d,78, 1900 M&N do i06 101 118 Consul, 6s. I Bid. R.IILROAD BONDS. Ask. IO913 110 Che8hire-6s. 1896-98 -----•J&J <24i9 Chic. & Alton-lst M., Vs. '93. .J&J 120 1-23 ;121 105 Sterling mort., 68, g., 1903.. J&J 12II3 120 Bds. Kan. C. llne,68,g.,1903.M&N 101 la Miss.Riv.Bridge, l8t.,s.f.,6s,1912 102 I94>s AdiO 194% IJO Florence* El Dor'do, Ist.Ts. A.tO 1110 K.C.Topeka&W., Ist M.,78,K.J<fc-Ij;JfV A&Oltlll 7s. Income cli. Bell's iRt, 68. Bid. 12s . 5». plain lionds, 4>«8. 1920 of RAILROAD BONDS. Ask. Bid. Railroad Bosds. atMe ad 1 Coupon 110 111 116 no off. JJ January 1 . THE chroni(;le. 1886.] 3, J . GENERAL QUOTATIONS OV STOCKS AND For Bsplmaatloa* 9«e Notes Bid. Railroad Bonds. 2aiiiort 124 JAU HO ...-. J*D Jll"* 1907 tin, MAN 5», lO.M.Kolil 1 Haad of FIrat Railroad BOKO*. Bid. 6s, 1012 ..AAO Mloh.Cent.-Consol.. 78, 1902M&N Consol. 58, 1902 1st M. on Air Line, 8s, 1890. J&.I AlrLlno, iRtM.. 88, guar...M&.N Gd. RIv. v., Ist 8s, guar.,'86.J&.I 6s. 1909 5s, coup., 1931 5s, rog., 1931 M&N lllig .JOO Minn. Cell., 2(1 iiiort.,Bii N.O..I:ick.A(!f.N.,l8t,8s.'8ej&J t}01 2ilM..8H,'!»0,ctfa.A&O 112 do AAO 2il mort. debt do ind. Bl.&W.-l»t.i>f.,7», 1900J&J M&8 MAS M&8 112 BONDS—Continued. Pasa of <tao(«tloa«. Ask. Railkoad BoinM. Bid. '•If Norfolk A West'n-(Contln'd)— lUexloanNat.— iHt, Illlnoln Cpntriil— (CoDtlnmHl)— Clilc.St. I,.AN.O.-l9toon.7e,'97 Ten. Men, 78, 1897 Ask. itt 17 12e>< Bouth Side, Va., 1st, 8s,'84-'90.JAJ 108 film nils 1109% 110 tl09 lOtti* 101 112 1108 fl07»4 109 1124 HI do 2d M., ext.,1809.JA.I do 8d M.. 0s,'80-'9O.JA.J Va.A Tenn., 4th M.,88, 1900.JAJ do extended 5s,1900.JAJ North Carolina— M.. 8«. 1888. MAN 108 105 108 126 127 130 100 >« 127 12s 113 106 107 North Penn.— 2a, 7s, 1896. ...MAN lOS's Gen. mort., 78, 1903 JAJ 111 New loan, 6s, rog.,1909 MAS Nortbeast.,8.C.— 1st M.,88,'g9,MAS Kalamazoo A.S. I ,1 st,S«,'90.MA N liio' J.L.&Sag.North Kxt.,8s,'90.MA.N do Cons.l8tM.,88,'91..MAS liiV il7«s 2d mort.. 8s, 1899 MAS Ineoiue. 1921 do Northern, Cal.—l8t, 6s, 1907..J<t.I 68,1891 MA8 1106 Ea»t.l>lv..lst uiort.68,1921.J&D JoUet A N.Ind..lRt,7s (guar.M.C.) 120 Northern Cent.— l"* per cent. .JAJ Ind. Dec. ASp.— Ist, 7n, 1906. A40 Mich. A OlUo-lst, 08, 1923 ..M&N "95' 3d mort., 68, 1900 AAO 131 2(1 mort.. 6», 1911 JdtJ Mldd. Un. A Wat. Gap- Ist mort. Con. mort., 6e,g., coup., 1900.J&J 121 2d mort., Invoiue, 1906 J&J ••••• 2d mort. rn. (luar. N.Y. 8. & W.. Os, g.,rog.,1900 AAO 113 20 Trust Co. cert MIl.L.S.&W.— l8tM.,68,1921.MAN iim 114>3 Mort. bds., 5s, 1926, series A JAJ 108>« New 1st mort. 68, funded Mich. Dlv.. 1st, 68, 1924 do J&J series B 109 114 88 Ind'pollsA Ht.L.— l8t,79, 1919.Var. HI Ist, Incomes Con. mort, stj?. 6s, a., 1904. .JAJ 121 *nd'aiH)ll8.fe Vin.— iBt, 78,1908.P*A Hll St. P.K. &Or. Tr'k, l8t,Kuar..fis, Northern, N.J.— Ist M., 6s, '88. JAJ tlOO 102 2d mort.. C>n. le., Kuar., 1900.MAN 100 9S Mil. A No.— 1st. 68, 1910... J&D North. Pac, P. D'O Dlv.—6s,MA8. "03 104 114 Int.&Ot.North.— l8t,G8,1919.MAN l8t, 68, 1884 1913 Mo. Dlv. 6s, 1919 J&D MAN IIO3I4 Coup. 6s, 1909 M&S Sa^ 84 Minn. & at. L.— Ist M., 1927.. J&D 128 114 Oen'l 1. g., Ist, 6s, 1921 H4>4 JAJ Ionia J: I.an«lriK— Ist 88,'89. ..J&J 'lllij 112>t Ist M., Iowa City& W., 1909.J&1) 119 Gen'l 1. g., Ist, 6s, reg JAJ 114i2 115 lowaCltvA- West.— l8t,T«,1909M&8l 2d mort., 78,1891 J&J 102 1131a Gen. land gr.,2d, 6s, 1933.. -AAO 92>4 " 121 I'a Falls A .Slou.x l»t, 7»,'99A&0; 123 8outhwest.Ext.,lst,7s,1910.J&D Norw'h&Worc'r— 1st M..69.'97.JAJ 1*11718 119 90 Jefferson— Hiiwl'y Br, 78, •87..J&J Pacltlc Kxt., Ist. (is, 1921.. A&O ids' Oftd'n8b'g&L.Ch.— l8tM.6s,'97,JAJ 103 104 Ist mort., 78, 1889 120'9 J&jl 105 Miss. & Tenn. — 1st M., 88, series "A" 118 blinking fund. 89.1890 M&S 1109 112 115 Jefl. Mad.AInd.— l8t,78,1906.A&O 'H* 88, series " B" Consol. ,6s, 1920 J&J 93 A&O (95 la 96 2d mort., 78, 1910 115 J&J Hb 117 Mo.K. AT.-Con8.a88..1904-6.F&A 29% 30 Income, 38 A 681920 Junction (Phil.)— Ut,4'a8 1907 J<fcJ Con8oiidstcd 6a. 1920 J&I)| 91 "a 92 Ohio Central2d mort.. (is, 1900 A&O 116 771a 78 10 Consolidated 5a, 1920 J&D' River Dlv., l8t, 68, 1922 ....M&B Kan. C.Cliul'n A SprinsTtleld— I«,5s 104 104 J4 1 Ist, 6s, g., 1899. (ir. P. 8.Br.)J&j;ll05 do income, 6e, 1922 K.aFt.Seott.tO.— l8t.78,1908J&D I117>a 118 2d mort., income, 1911 A&O Ohlo& Miss.- Cons. 8.F. 7s, '98 J&.1 123 12.^ Pleas, Ilill ct DcSoto, Ist, 78, 1907 t. Boonev'e B'ge,78.guar,1906.M&N 106 Cons, mort., 78, '98 JAJ 123 Kansas C. Lawr. i^ So. Ist. Gs. 1909 109^ 110 Han. & C. Mo., 1st 78, g.,'90.M&N 105 2d mort., 78, 1911 A&O 1131a 123 >« Mo.Pac— 1st iuort.,68,gld,'88, F&A 106 K.C.8t.Jo9.AC.B.—M. 73,1907. J&J 123 l9t gen 58, 1932 J&D 781s' 83 K.C.8pr.&Mein.— l8t,68,192a.M&N HO llOH) 108 Consol. 6s, 1920 M&N 107=8 l8traort..Sprlngf.Div.,1905 MAN lUi8 Kentucky Central— (is, 1911...J&J 2d mort., 79, 1891 Ohio Southern— 1st 6s, 1921... JAD 99%ll0O J&J 71 Btamped 4s, 1911 J&J til Car. B., l8t mort., 68, g. '93..A&0 ' 2d Income, 6s, 1921 40 Keokuk&DesM.— lst,.58,Kuar.A&0 109 H6 H21 3d mortgage, 7a, 1906 Old Cokmy— 6s, 1897 M&Nl 121>4 FAA 89I9 8S I-Erie A Weat'u— l8l,6s,l919.FAA Income, 7s, 1892 M&S --• 6s, 1895 JAD (119 119i« 30 Income, 78. 1899 6319 62 Mobile & O.— Ist pref. debentures. 78, 1894 MAS (123 124 83 Bandusky I>iv., as, 1919 ....F&A 4I9S, 1897 371a 38 2d pref. debentures JAD 110 llOlg 2; 30 do income, 1920 33 3d pref. debentures. Bost.C.&Fitchb ,l8t,7s,'89-90J&J 1112 II2I4 89Js La!. B1.& Miin.,l8t. 68,1919. MAN 32 4th pref. debentures B. C. F. & N. B., .58, 1910 ..J(tJ 115 115>4 29 do Income, 78, 1899 New mortgage, Gs, 1927 N. Bedford RR., 78, 1894 .J&J 120 JAD Lake Shore & Mich. So.— Collateral nuat 6a. 1892 ....J&J ( Framighain& Lowell, Ist, 5s.'91 Clevc. iTol.,2d .M.,78,1886.AAO 10158 99% 100 la Oreg.&Cal.— IstOs, 1921 1st extension Gs, 1927 94 JSiJ i92 Q CI. P. dt Ash., new 78, 1892.. A&(, 118 Morg'n'8La.&Te.\.,lst,e8,1920J&J 107 2dmon., 78 Bua.A E., new bds, M.,78.'98. A A( 119 95^8 96 1st mort., 7a, 1918 Oregon&Transcont.— 6s,1922M&N A&O Buff. & State L., 78, 1886.. ..JA.^ MorrisA Essex— Ist, 78, 1914 M&N 1421a' [Osw.&Rome—lstM., 78, 1915.M&N (123 Det.Mou.A Tol.,l8t,78,1906.FiA 2d mort, 7s, 1891 Panama^Sterl'gM.. 7s. g. '97. A&O 109 HI F&A 11514 Kalamazoo A 1. A Gr.K., 1st, 8s. JitJ 107 108 125 Bonds, 78, 1900 Sinking fund sub., 69, 1910. M&N J&J Kal.A Schoolcraft, l8t,88.'87.JAJ 126 128 (102 General mort., 7a. 1901 Subsidy bonds, Eng. issue, 68 105 A&O Kal.ifeWh. Pigeon, 1st, 7s,'90..J.tJ ibs' I3OI4 ParisADec't'r— l8tM.,73,g.,'92.J&J Consol. mort. ,7s, 1915 40 J&D Dividend b(md8, 78. 1899. .AiSiO 123 Nashua & Low.— 68, g., 1893. F&A 110% 111 Pennsylvania.— L.8.&M. 8., eons., cp., lst,78. J&J 130 llOifl 111 130 59,1900 Uen. M.,68, cp., 1910 Q— do con8.,reg.,lst,7s,1900.(J— 127»s iNashv.Ch.&St.L.— lst,7s,1913J&J 12514 Gen'l mort., 69, reg., 1910.. A&O 180 HO"* 120 do cons., cp.,2d,78. 1;103..J&D 1I9>4 2d mort., 6a, 1901 JAJ Cons, mort., 68, reg., 1905. .Q—M 122 do eons.. reg.,2d, 7s, 1903. JAIJ 119 Ist, Tenn. &P.1C., 68, 1917.. .J&J do 68. coup., 1905.. J&D 121 I*wrenco— l8t mort., 78,1895.F&A Ist, McM. M. W.&A.,68,1917.J&J Collateral trust, 4ia8, 1913. .JAD Lenigh Val.— Ist,U8.coup.,'98.JAD 123 126 Nashv.&Dec,^t•^.— l8t,78,1900.J&J Consol. 58, 1919 J&D 110 1st mort.. 126 rcK.. 1898 J&D Natchez Jack. A Col.— 1st, 78. 1910 Penn. Co., 68, reg., 1907 O.— 110 2d mort., 7s, 1910 M&S 140 Newark A N. Y.— lat, 78, 1887.J&J l8tM.,4i9S, 1921.JAJ 1031s do Gen. M., 8. f., 6s, k.,1923....J&P 129 New'kS'setAS.— 1st. 78, g.,'89.M&N Penn.A N.Y.Can.- 1st. 7s, '96. JAD 119 122 L. Miami— Keuewiil 5s,1912..M&N 1107 108 N'burgh&N. Y.— lat M. 78,1888.J&J l8t mort., 7s, 1906 JAD L.RocKiSt Ft.S.— l8t,l.Kr.,78 '95.J,kJ II314 113% New Jersey & N. Y.— Ist mort Pensacola A Atlantio - Ist m.. F&A "851* 8 61* too*? Island— let M.. 78, 1898.M&N N. J. Southern— Ist M.,new 68. JAJ Peo. Dec. A Ev.— Ist, 6s, 1920-JAJ 105 107 Ist cousol. 58, 1931 Q— ios" Incomes, 1920 43 N.Y. & Can.-£ M.. 68, g., 1904.MA.N Bouth Side, Ist, 78, 1887 U&b tlOl N.Y.Cen.&H.-Debt cert. ex.osM&N 100 Evansville Dlv., 1st 6s,1920.M&S Newtown & Fl., Ist, 78, 1891... 41 Mort., 78, ocmp., 1903 do income, 1920 J&J L.l.t'ityA FlusUinK— Ist, 6s,1911 Mort., 7s, reg., 1903 Peo.A Pekln Un.— lst,68,1921.(}-F J&J Lon'v.C.A Lex.— lst,ts,'97 J&J(eT) 115 11513 Debenture .=)a, 1901 M&S PerMomen— l.st M., 63, 1887. .AAO 92 2d mort., 7», 1907 A&O 113 114 Sterlingmnrt., Ga. g., 1903. ..JA.1 ;80 Cons. mort.. 6s. 1913, sterling .. 90 liOulsv.& N.— Con8.l8t,78,'98.AAO 122 New York Central— 68, 1887. J&D Petersburg -Cla99 A, 1926 ....JAJ 10514 Ceoilian Br.. 7s, 1907 M&S lObSg 100 N.V.CUic.ASt.L.-l.st,68,1921.J&n Class B, 1926 101 A&O Louisville loan, 6s, '8(J-'87. A&O •.idGs, 1923 M&8 Phlla. & Erie- 2d M., 78, 1888.J&J 11114 112 Leb.-Knoxv. 68, 1931 54 M&8 124 N.Y.CityA No.-Geu'l,6s,1910xM&N Gen. M.. guar., 68, g., 1920. .J&J U22 Ixiuis. Cin. & Lex., 68. 1931. M&N 54 Trust Co. receipts Sunbiiry&Erie, l9t M.,79.'97.A&0 Mem.& C.stl., M.,7s, )j.,190IJ&D J117 119 N. Y. Elevated.— l.st M., 1906.J&J 127 120 Pa. & Readtng— Ist, 68, 1910.. JAJ M.&Clark8V..st'g,6s,g.,1902 F&Aitll4 11:9 25 N. Y. & Grecuw'rt L.— 1st M. inc. 68 2d, 78, '93 AAO 117 N.0.& Mobile. Ist 68, 1930. J&ji 10479 10514 2d mortgage income I4I1 3 Debenture 68, 1893 JAJ do 2d, 6s, 1930....J&J 91 N.Y.&Harlem— 7s,coup.,1900.M&N 138 Cousol.M.,79.1911,rog.&cp.J&D I2014 Pensacola Div.,l8t,68,1920..M&s! "Sis asij N.Y. Laek.& W.— lat.Os, 1921. J&J 126 111 Cou901. mort., 68, 1911 JAD flt.LouJ8Div..l8t, 68, 1921..M&S 106 2nd, 58. guar.. 1923 F&A 105 "a Improvement mort., 68, '97. A&O do 2d., 33„1980.M&S 51 . Gen'l mort., 68, 1908 N.Y. L.E.& W — lst.7s.'97.ext.M&N I26I2 J&J 7M% 79 »ash. &Dee., I8t7s, 1900...J&J 117% 2d m(Ht. exten., os, 1919 ...M&S II213 Convertible, 73, 1893 JAJ 21 E. H. &N.,l8t Os, 1919 J&D 110 3d mort. ox. l^aa, 1923 Cona.bB, Ist series M&N 351a 37 .M&S I07i2l.... een'l mort., 6s, 1930 J&U 104 113 4th mort., ext., 5a, 1920.. ..AAO HO Cons. 59, 2d series F&.\ 22 Bo.&>o.Ahi.,S. F.,6,s, 1910 A&O .... 5tb mort., 7s, 1888 J&D 107=8 .... Couv. adj. scrip J&J 35 let mort.. eiuking fund, 88 .. 106 127% Ist oon.=. M., 7s, g.,1920 M&S Scrip for 6 deferred "a coupons .. Trust bonds, Gs, 1922 (J— M 99>a New 2d cons. Gs, 1969 Deferred income 7 J&D 91 Ten-forty 6s. 1921 a&N 85»s 100 Collateral Tr. 6s. 1922 M&.V Income mort., cons. 7s, '96, J&D 39 40 Pen8a.& Atl.— l8t,68,gu,'21.F.VA 86 120 1 8t con ). fund coup.,7s,1920 M&S Coal& I.. guar.,78,'92,ex-cp.M&8 liSV.N.A.&Chic- lBt,68,1910. J&J 102% 110 2d ooui. f'd ep., OS, 1969 Phila. Wil. A Bait.—6s, 1892.. A&O 1108 J&D Gen. mort. 63. 1W14 A&O Reor^anizat'n Ist lien, 6s, 1903 A&O 115 116 68, 1900 Lo'i8V.N.O.&rex.-lst,5s.l934M&3 (lOfiis 107 90% Gold lacoine bonds, 63, 1977 ,5s, 1910...". J&D Mahoning Coal KK.— Ist Ss ..JaJ| lOJ Trust cert8., 18, 1921 hoafi Dock mort., 78, 1893. .JAD J&J 99 Maine Cem.—.Mort. 78, 1898...J&J 120 S.Y.AW.Eug.— lat .M., 7s, 1905jAjl Pittsb.Bradf.A «.— l8t,fi8l911A&0 65 80 Eiten. bonds, 68, g., 1900...A&O IllO lstiU(nl.,()S. 1905 I&.l Plttsb.C.A&t.L.— lst.78,1900.FAA I22I4 Cou«. 7s, 1912..... A&oillJS 2d m.irt.. «s, Uiii.: K&.v 2d mort., 78, 1913 AAO Andi-oscog. & K«ii.,G8, 1891.F&.a!i 10> N. Y. X. 11. & II. 1st r. l.s,1903.J&l): Pittab.Cl.A- T.d.-l..-t, Gs, 1922. A&O loeii Leeds & Fariu'gl'n, 6s, 1896.J&j'llo.i -S.Y.Pa.A O. — 1st. inc.,auc.7», 190i PltlSO.&COU'llsV.— l8t.M.79,'93.J.NiJ Hortl.A K.,Ci'ns. M., 68, '95.A&0 110 123" ^>rior lieu.luc.ac.,5-6a,'9.5 do Sterling cons. M., 6s, g., guar..! AJ |1'.<6 Debenture, Os. 10-20 106 Pittsb.Ft.W. &C.-l8t,78,1912 Var 141 >s 2d mort. inc Man.Beach linp.,lim.,78, 19b9,M&S 78 3d mort. inc 2d mort., 7s, 1912 J&J 139 N.Y.& Man. Beach. Ist 7s. '97 J&J L'sexl L.rental tr'8t'73,Tru8.cer.7s 3dmort.,79,1912 A&O 130 135 Marq'tteHo.& O.— Mar.&o.,88, '92 liViJis West. ext. certifs, 8s, 1876.. JAJ Plttsb. McK.& Y.— lst.68,1932.J&J 6».1908 M&S 100 do do 78, guar. Erie Plttsb. & West.- 1st mort 6a, 1933, new JAD 9.) N.Y.Prov.&B'n— Oen.78,1899.J&.I Portl'nd&Ogb'g— l8tG8.g..l900.IAJ 100 »Iem.&L.K'ck— l8tmnrt.,8s, 1907. 114 35 N.Y. Su.s(i. & W.- Ist. 6s, 1911.J&J 40 Vt. div., l8tM.,6s,g.,i891..MAN Uemph.A Cliarl.— lst,78, 191S.J&J Debentures Gs 1897 FAA Port Royal & Aug.— 1st, 6s, '99. J&J 103 2d mort 7a, exton led J&J .Midl'dof N. J.-lst,6s,1910.AAO J&J 35 Income mort., Gs, 1.899 1st consol 7a, 191.i J&J 109 >4 N.Y. West 3. & Buff.— 58, 1931. J&J Ren.&S'toga— l8t78.1921 cou.-MA.N Hi lst.co«s..Tenn. lien, 78, 19 15 J&J Trust Co. receipts Rlch'dAAUegh— l8t,7B, 1920. JAJ 68 Metfop'n Kiev.- Ist, 68, 1908, JAJ il7»f 70 731* Receiver's curt 'Trust Co. receipts 2d 68, l>i99 MA.NI 107% -MAN Norrk AW.— Geu'l M.,6s,1931 MAN 103 2dmort., 6a, 1916 Uexican Cent.- 1st, 7s, 1911. .JAJ 4 ... New River l<t 68. 1932 100 AAO Rlcb'd A Danv.—Con.,«a,'90..MAN 104 >9 Incomes Impr. & Exten., tin. 1934 General mort., 68, 1915 ... .J<hJ 114 115 FAA 91 Debenture lOs, 1890-95 81i« 86it A&bl 81 Adju.ttnicnt 78, 1924 Debenture, Gs, 1937 AAO <D.— M. __9otip 108. I8><9 I.tl' R7 NorPk APeter8b.,2d,88, '9.1. JAJ Piedmont Br., 83, 1888 A&O lOslg HI *fi:|«e nominal; uo lute truasactlous. t PiiroUaser also pays aooruail Interest. J Coupon of. t In IiOBdoa. iBt iiioii., 2d mort., r.-(l. .'>-<!. ! A&O AAO 1!K)9 1909 . 05 76 7S 37's 39 9479 96 58» 100 I . C— ' 1 . 1 I , . I 1 — , J . ' I (i.-i. j . | I 1 , , n I I THE CHRONK^LE. 18 [Vol. XLII. GENERAL QUOTATION'S OF STOCKS AND BONDS— Co.VTivtJED. For Eicplanatlon« See Notes at Head of First Pa^e of (tuotations. Bm. Railroad Bonds. & Petorsl)., 88.'84-'86...A&0 M&N New mort.. 7s, 1915 KIcli. Elohmonil York Eiv. Boch.&Pitt8.. & Ches., 88. l8t, J&D Oonsol. let, 6s, 1922 Income, 1921 do BomeWBf n.tO.-8.F.,78,1891 2d mort., 78, . 122 116 J&J 1892 Consol., Ist ex. 58, 1922. ...A&O S-Js Income 7«, 1932 Bntlanu— 1st M., 68, 1902. ...M&N iiom F&A M<SS ext., 78. '90, ex. Mort., 78, 1879-1909 2d mort, 78, ext. 1893, ex.. 115 Equipment 50 110% 107 series, 3-os, Wabash- l8t, 107 J&l) M&S M&S 1916 1921 5th series, 5s, 1926 Incomes, cumulative 3d 7s, 1883 Gen., 6s, 1920 43 >8 F&A A&O M&N M&N J&D J&J Chic. Div., 58, 1910 gold J&J Havana DIv., 68, 1910 Indianap. DIv., 68, 1921 ....J&D J&J Detroit Div., 6«, 1921 89 45 105 80 Equipment, 2d mort., 58 iur. Isl (1— l6t,guar.63.1925. 1033i 104 55>4 55 2d mini.. Incomes, .5s, 1925 Bt.L. Alt.iT.H.— Ist M., 78, '94.J&J 116 IHI4 F&A 2d mort., pref., 78, 1894 .... 104 MitN 2d Income, 78, 1894 50 DIv. bonds, 1894 Quincy Mo.&P.,l8t,68,gaar.l909 J&J Cairo Div.. 5s, 1931 Bellev.diS.Ill.,lst,S.F.8s,'96.A&0 Bt. Ix)uis & I. Mt.— l8t,78, •92,F&A 2d mort., 78, g., 1897 Ark. Br. 1. gr., M., 78, g., '95.J&D Cairo Ark. & T.,lst,78,gi,'97.J&D Cairo&Ful.,lst,l.g.,78,g.,'91.J&J Gen. con. r'y & 1. g., 58.1931A&0 Bt.L.& S.Fran.— 2d, cl.A,1906M&N Sd M., class B, 1906 Han. 179 Bt.Jo. M&N M&N M&N do olassC, 1906 Bouth Pacific.- l8t M. 1888 J&J . Pierre C. & Equipment O. Ist, 6s 1895 General mort.. Bs. 1931 Trust liouds. Cs, 1920 Bt. L. W. & W., 68, 1919 78. F&A J&D J&J F&A M&S Bt.I-Vand.&T.H.-l8tM.,7s,'97.J&J 2d mort., 7s, 1898 2d. 78, guar., '98 M&N M&N Bt. P. & DuIutU— l8t, 58. 1931. F&A Bt.P.Minn.& -Man.- 1st 78,1909 J&J A&O 2d 68, 1909 Dak. Ext.. 68. 1910 M&N l8t COU80I. 6». 1933 J&J Mlnn'8 U'n, lot, 68, 1922 ....J&J Bt.P.&Xor. P,ic.-lst,68,1923.r&A BanduskvMausf.&N.— Ist, 7s,1902 Bavaiiiiuii Florida & West.— & Gulf, cons. 76. 1897. .. .J&J 8.Ga.& Fla., 1st M. 7s, 1899, M&N Boloto Val.— lst,7e, slnk'gfd..J&J 2d mort .7^, .sink'g Id A&O CJousol. 78, 1910 J&J At. Bhenandoan Val. -l8t.7s,1909. J&J General mort., 68, 1921 A&O Blooz C. & Pac, l8t M., 6s,'98.J&J Sodus Bav& So.— l8t,58,g.,1924J&J Bo. Carolina— 1st M.,68,1920.. A&O 2d mort., 6s, 1931 J&J Income 68, 1931 80. Cen. (N.Y.)— Oonsol. mort., 58.. Bo.Pac.Cal.— lst,6a,g.,190.5-12A&O Bo. Pac. Ariz.— l8t,6s,1909.10. J&J Bo. Pac. N. M.-lst, 68, 1911 .J&J Bouth western(Ga.)—Conv.,7s,188(; BommitBr.- 1st, 78, 1903 J&J Bunb.Haz.&W-B.- l8t,58,1928M&N 2d mort., e.*, 1938 M&N Bnsp.B.&EricJuno.- l8tM.,78 Byr.Blng.&N.Y.- con8ol.7s,'06A&0 Tex. Cent.-lst,8k.fd.,78,1909M&N lBtmort.,7e, 1911 M&N Texas & New Orleans-l8t,78.F&A Sabine Uiv., Ist, 6s, 1912... M&8 Texas & Pac— l8t, 6s, g.1905 M&.S Cin. Indianap. St. Louis 91% 93 F&A 102 F&A 109% 1889 l8t. St. L. div., 78, Gt.West., Ill.,l8t,78,'88 do Q'noy & Tol., & 2d, 7s, '93.... 1st, 7s.'90.. .. Naples, l8t, 78, '88. M&N M&N M&N 99 F&A 111.& S.Ia..lst, 63, 1912 8t.L.K.C.&N. (r.e8t.&R.),78.M&S Om.Div.,l8t78.1919.A&0 do 109% do Clar. Br., 6a, 1919..F&A 112 do No. Mo., l8t, 1895... J&J 89 90 do St. Cha'8 Bridge 68, 1908 107 Wab. Fund. 1907- Var. 78. F&A tos% F&A Various 68 do 1041s 10408 W.St. L. &P.— IowaD.B8.1921.M&S 10t> Trust Co. receipts barren (N.J.)— 2d, 78, 1900 .A&O lOi 106 W. Jersey & At. let M.,6sl910M&B 102 J&J West Jersey -Ist, 6s, 1896 A&O Istmort., 78, 1899 A&O Oonsol. mort., 68, 1909 122 J&J West Shore guar. 48 105% ^est'n Ala.— I8t M., 8s, '88. .A&O A&O 2d mort., 88, guar., '90 V'n Maryl'd— Ead,l8t,68,1890.J&J 11514 Istmort., 6s, 1890 J&J 117% 119 J&J End., 2d mort., 6s, 1895 117% J&J 2d mort., pref., 63, 1895 I1714 2d, end. Wash. Co., 68, 1890 J&J 13 J&J 3d, end., 6s. 1900 tl05 106% WnNo.Carollna-l8t,78,189J.M&N 1117 Consol. 6e, 1911 J&J vVest'nPenn.— Ist M., 68, '93. .A&O 118% 120 Pitts. Br., 1st M., 68, '96 J&J tll7 Wheeling & L.Erie— Ist, 68, g., 1910 88 85 Wilm. Columbia & Augusta, 6s 43% 47 Wil.&Weldou— S.F..5s,g.,'96.J&J 45 50 Wisconsin Cent.— Ist ser., as, 1909 70% 71 2d series, 7s, 1909, if earned 40 34 Wis. Valley— 1st, 78, 1 909 J&J 105% 106 W orc'r & Nashua— 53, '93-'95 Var. 101 Naab. & Roch.. gnar..5s.'94.A&0 109 UAILKO.VD STOCKS. Par. Ala. Gt. South.- Lim., A., 68, pref.. 20 Lim., B, com 65 53 Ala. N. O. & Pac, &o., pref 105 do do def... 91 Cleveland Col. 100 2% 6% 56% 57 23 100 Greenville, prof 1(X) 124 105 119 124 115 103 107 110 110 106 112 108 106 120 110 113 103 109 do 14-t 33% 106 115 86 166 110 33>a 50 107 120 87 170 150 mis 21 4 10 68 .100 Pref. 100 i02 100 Ga.lOO 6% 8 15 70 103 63i 11% 11% Pref, 63% 100 Eastern in N. H 100 96% Eel River 100 24 Elizabeth Lsx. & Bigl8andy....l00 Elinlra & WiUiamaport, 5 50 45 60 do Pref., 7. .50 Erie& Pittsburg, guar., 7 50 105 68 Evansville & Terre Haute 50 Fitchburg 100 119 16% Flint & Pere Marquette 86 do do Pref Fort Wayne & Jackson do do Pi-ef 22% Fort Worth & Denver C 100 Qalv. Harrial). & San Autouio Eaatem 1153 15=8 Pref. & 24 00% 148 132 126 & Northern, com do do Dubuque & Sioux City East 'Tenneaaee Virginia do do 86% 87% (Maaa.) 69 97 26 I 110% I i'l6% IO714 85 48 do Det. Lansing 7 1 142%]l42% 50 50 & Xenia. guar., 8 Hock. Val. & Tol 17 54i« 500. 50 & Port8moutli,guar.,7 100 Connecticut & Passumpsic JOO Connecticut River 1 00 Danbury & Norwalk 50 Dayton & Miohigau, guar., 3%.. 50 Pref., guar., 8.50 do Delaware & Bound Brook 100 Delaware Lack. & Western 50 Denver & New Orleans Denver & Rio Grande 100 Denver & Rio Grande Weatera Des MoiucB & Fort Dodge 90% 85% 50 124% 126 110% 110% 110% 110% 69% 120 17 87 22% . J-i J3% !3 t% Allegheny Valley 50 Atcluaon Col. & Pacific Atchison Topoka & Santa Fe..l00 Atlanta & Charlotte Air Line . & Pacific iugusta & Savannah, leased Baltimore & Ohio 16 51 Concord 112% 113% Concord . Atlantic 42% 45 Pref Columbus 35 96% & Indianapolis.. 100 do 15 30 ioi" 102 73 96 & ChiclOO Pittsburgh, guar., 7 13% 39% 39% 103 105% 47% 48% & Canton 92% Columbia & 9 4 Georgia Pacific Georgia Railroad & Bank'g Co. 100 Qraud Rapids & Indiana Grand River Valley, guar., 5.. 100 Green Bay Wiuona & St. Paul. .100 do Pref 100 Harriaburg P. Mt. J.& L., guar., 7.50 Houston & Texas Central 100 3% 1% Albany& Su8nueh.,Guar.,7...1CK) 137 108% 110 & 1110% 133% 36% 128% 129 pref.. 100 do Clev. Col. Cin. 75 1 104 100 107 133 103 111 100 75 108 . 100% Cin. do lie's! 110 50 Sandusky & Cleveland Pref., 6.50 do Washington & Bait 100 Clev. lliia 112 ill's . Cin. 52% Ask Bid. 123% 123% Cincinnati & Milford Cincinnati N. O. & Tex. Pac. ...100 75 75 Cons, mort., 78,1907.con.,.. .Q— 1 Railroad Stocks. Ask. Chicago Mil. & St. Paul pref., 7.100 101 109 Chicago & North Western 6ri Pref., 7.. 100 do 100% Island ..100 99% Chicago Rock & Pac. tiih Chic. St. Louia & Pitta 100 60 100 111% 112% pref do 78 Chic St. P. Minn. & Om.,com..l00 do pref.. 100 99% 25 100 Chioago& West Michlfian 55 50 Cin. liamilton & Dayton 100 83% 84% do Pref... Midland— (Coutinued)- Virginia 4tli series, 3-4-.5s, MA-N 90 68.1921. ..F&A 113 2il iuort.,'68 Bid. Railroad Stocks. Ask. 116 120 Rich. Fred. & Potomac— 6a,ext.J&J 110 J&J 118 Mort. 78. 1881-90 5 15 85% 83% 82 85 Huutingdim do 100 9% 9% 100 100 180 190 & Broad Top 50 11 150 7 11 "8% 30 36 9 22 IOO 139% 139% 95 Leased line, 4 p. c 100 95 67% 72% do l8tpref.,6....1O0 132 26% 26% Indiana Bioomington & West'n 100 67% do 2d,T>ret 122 Indian. Decatui & Sp., com 116 Washington Brancli 100 230 do do Pref... 100 99 Parkersuurg Branch 100 5% 71% 72 Iowa Palls & Sioux City 100 115 Boston <s Albany 100 17!)% 180 80 Jett'v. Mad. & Ind'p's, leased.. 100 CoiMol. mort. ,68, gold, 190.5. J&D Tl'66% Boat. Con. & Montreal., new. 100 12 10 120 JoUet& Chicago, guar., 100 7 Inc. and land gr., reg., 1915. JuIt 37% 37% do 96% Kansas City Ft! Scott & Gulf.. .100 86 Pref., 6.. .100 9J 83 1st (Bio Gr. Dtv.), 68, 1930. .F&A Boston Hooaac Tuu. & Western 8% do do pref.. 100 131 133 do ex Auk. coup. 4-7% 47'8 Boston & Lowell 100 121"' 121%' Kans. City Springf.& Memphis.. 62 64 Gen'l miirt.& tcrm'l 6s,190.jA&O 45 43 Boston & Maine 100 180 181 60 Kan. City Clinton &Springfld.l00 62 N.O. Pac, lsl.6s,f,'old, 1920.J&J 1151% Boston & N. Y. Air-Liue, pref 95 95 Kentucky Central 100 Texas & St. Limis- l8t,68,1910 J&D 74 Boston & Providence 135 184 ioo Keokuk & Des Moines 100 Land gram, incomes, 1920 Boston Revere Beach & Lynn.. 100 117 119 do Pref.... 100 Mo. & Ark. Div., lat. 68... 1911 46 Brooklyn Elevated. new 40 18 Lake Erie & Western 100 18% ToI.A.Ar.&N.M.— lst,69,l924.M&N 87 Brooklyn & Moutauk 10 100 89 Lake Slmre Mich. & So 100 89% Tol.A.A. AGr.T., l8t,68,1921.J&J t85 88 do Pref 35 100 Lehigh Valley y... 57 50 TOI. Cin. & St. Louis— Ist mort.. .. Buff. N. Y. & Erie, leased 100 Little Rock & Fort Smith 41% 42 100 Income BuffaloN.Y. & Philadelphia 5% Little Miami, leased, 8 guar.. .. 50 148% 149 5 Tol.Del'8 & B.— l8t main, 68, 1910 20 15 do do 8 Pref... 7% 65% Little Schuylkill, leased, 7 60 i do main line, inc, 68, 1910 2% Burlington C. Raplda& North.. 100 75 80 80 Long Island 81 50 do Ist Dayton div.,68, 1910 Cairo & VInceunes, pref Louisiana & Mo. Riv., Com 100 do Day. Div., Inc., 68, 1910 California Pacific 10 do Pref 1st tormiual trust, 68, 1910 Camden & Atlautlc 56 Louisville & Naahville 45=8 45''8 100 Tol. &OhloCent.-l3t, Ss, gu.ioa.'^ 953a 95% do Pref ,50 35% 34 Louisville New Albany & Chic. 100 37 Tol. P. & \Vest.,l8t 78, 19ir...Q— 93 Canada Southern 42 % Macon & Augusta 42 100 Trust Co. r.'oclpts /.... 91 Canadlau Pacific 6338 63 100 Maine Central 118 100 117 Doited Co'sN.J.—Oon8.,6s,'94.A&'6 114% Catawlssa 30 515 Manchester & Lawrence 1 00 200 201 Bterllng mort., 6s, 1894 M&S U12 114 do 1st pref 52 !.50 .Manhattan Beach Co 13 100 18 do 6s, 1901 M&S !122 125 do 2d pref 60 50 48 Manhattan R'y, cousolidated ..100 120 122 Cam. & Amb.,mort., 68, '89.M&N 108 Cedar Falls & Minnesota 14 10 ..'ioO Marq. Houghton & Out 25% 26 Onion Paclflo-lgt,68,g.,'96-'99J&J 117" 118 100 Central of Georgia 100 75 75 do 77 Land Grant, 7s, 1887-9 Pref 100 A&O 105>4 Iowa 23 21 100 Memphis & Charleaton 34 Blnk. F., 88, X893 36 25 M&S 121 121% Central do Istoref iioo 27% 30 Metropolitan Elevated Beg. 88, 1893 100 M&S 120% do 2dpref 25 lOO 22 10%l lOOg .Mexican Central Om. Bridge, sterl. 88, g.. '96.A&0 100 Central Massachusetts 5% .Mexican National lOO 5 Collateral trust, 6s, 1908 ....J&J 4% 5% do pref. 100 20% 21 do 12 do pref 68, 1907. ...J&D 93 Central of New Jersey 100 44% 44% Michigan Central Kans. Pac, l8t, 6s, 1895. ...F&A 113 76 100 76% Central Ohio 59 51% 57 Michigan & Ohio do Ist M., 68, 1896 J&D no '"50 07 do Pref do Denv. Dlv., 68 do Pref M&N III Central Pacific ioo 44% 45 .Midland of New Jersey do 1st cons. M.,68,1919 M&N 18 09% Charlotte Col. & Aug 35 "loO SO Mil. Lake Shore & West Oregon .Sliort-L., 6s, 1922 .. F&A 23 100 97% Chesapeake & Ohio, !' common 12% 100 12 do Utah Cc-n.- 1st M.. 68, g.,1890. J&J do Pref 52 100 95 do l8tpref...l00 21 20 Milwaukee & Nortliern Utah 80.. gen. M. 78, 1903... J&.7 100 "" 2dpref....l00 14% 15 Mine Hill & S. H, leased do eiten8'n,l8t,78,lS09J&J X., .50 59% 60 Cheshire, pref 96 xoq 95 Dtlca & Blk R.— Mort., 78. '91. J&J 110 Minneapolis & St. L<mi8 100 22 22% ,,,, Chlcago& Alton 100 140 142 •-•i"" ver. & .Mass.— Guar. 58, 1003 MAN 111 do do Pref... 100 49 50% Ill's 'Chicago &Atluntio O Missouri Kansas & Texas TlokBl). & Mer.-New Ist mort. ....1 3209 100 32% iCIilcago Burlington A Qulocy ioo 137% 138 Missouri Pacific 2d mort loO 110% 111 4S Chicago & Canada SouHiem 3% Mobile & Ohio 8d mort.. Income 16 100 14% 15 -••-.IIChicago&Eiwtnilnola 70 Morris AEssex, guar., 7 Ta. Midland- Ist 8or.,68,1906 'jf&s' 50 130 120 (Chicago & Grand Trunk .... "' 4 Nasliv. Chat. & St. Louis 25 44 46 , gdseries. Cs, 1911.... MAS U3 Chicago Milwaukee & St. Paul ioo 95% 93 08 Nashua & Ivowell 100 147 1«0 • Price nominal no late trausiKrtions. Puroliaaer »1« paya aoorued Interest. | In London. 5 Quotations per share. H Coupon oSf. 110 . . . Illinois do . . . i ' '.'. ' I ^ i ; 1 ( Central do Pref... 50 January THE CHRONICLE. 1886.] a, 19 GBXEIIAL QUOTATiO>fS OW STOCIvS AND BONDS—Oontinobd. For BxplaiiAtlun* Nes Notes at Head or Pint Paze of Qaotatlona. RAiLROAti Stocks. KK. Bid. Ask. MlSaEI,I.\NKOUB. OAN.IL BONDS. lUesap. A Delaware— iiTOOKH. OONTISUKD. mort.,68,"Hyj4J 1st aios.AO.— Os, •70.CJ.-J A H.— 78. '91..IAJ Istext., 1891. .MAN Nowli'g D1U0I1.& Conn ilo New Jerspv .v N Prof. lUi New Jerftuv Del. prvt ill) 3 10 Coun. I'l-ef.lOOi II. & 3chnylklll Nav.— l8tM.,()S, 1897.Q-M 2dM.,(is, 1907..JAJ Oswego & Syr., guar. Panama 100 Pennsylvania KK. .50 Pensaoola Atlantic. Peoria Dec. & Ev..l00 ,.t Rioliuumd Rich. F. & CANAL A Lehigh Navigation.. 50 Morris, guar., 4 100 do pf., guar. 10.. 100 Pennsylvania 50 Schuylkill Nav 50 do do pref. 50 Susquehanna el's Mort.63,B., 1904 Canton Co. . ' 35 >« Cou.sol.Coal of A Weldon, 7.100 Wisconsin Central 100 * Price nomln>i HT 25 50 5 Consol. Electric Light. 90 87I2 IDaft... : 1 110 150 80 50 (xsh. A 4% 10 23 45 30 109 ij 110 215 221 335 410 4H,| •,9i> )15 :93 80 10c, l.JC Central Crosstown Istmort., 68, 1922.. Central Pk.N A E.Riv Consol. M., 78, 1902. Christopher A 1 0th St. Bonds, 7s, 1898 DryDk.E.B.A Battery 70 140 1st M., consol. 78, '93 15I4 Scrip Os, 1914 15^ Eighth Avenue Scrip 6s, 1914 2II4 23 211a 42il A-Grand St. F'y.. Istmort., 7s, 1893.. 2i 42dSt.Man.ASt.N.Av. lat mort.. 6s 10 11 21 luc, 6s HoustW.St.A Pav. F'y 10 New Central Coal Ontario Sil. Min'g.lOO Pennsylvania Coal. 50 230 (Quicksilver Min'g.lOO 7 22 27 100 145 American 100 102 United States 61 100 Wells. FarL-n A Co. 100 120 150 103 63 125 prof EXPRESS ST'CKS Adaina TEL'PII STOCKS Ist mort., 78, 18S8.. 132% Bushwlck Av. (Bldyn.) 101 47 102 1st mort., 78, 1894.. Ninth Avenue Second Avenue l8t mort., 59,1910.. 8 Consol. 78, 1888 Sixth Avenue Istmort., 78, 1890.. Third Avenue 1st mort.. 7s, 1890.. Twentj'-Third St 1st mort., 78, 1893.. OAS STOCKS. 32 1 111 270 112 33 145 40 101 60 98 130 135 105 55 }210 J90 35 H<»NDS. Bait. C(ms>l. t Gas 102 145 137 106 60 215 92 5314 51 371% 00 15 10 •03 •08 •25 106 Belle Isle lOU Bodie 100 Bulwer 100 Caledonia B. H lOo Consol. California. 100 Chrysolite 50 Chollar 100 Consol. Paoiflc 100 Crown Point 100 Dunkin Eureka Consol Father De Smet 200 •05 •100 .05 210 •56 •63 210 135 •55 •60 135 •80 •30 .. 100 100 140 300 410 Gold Stripe Uoodshaw 100 Gould A Curry S-.lOO Green Mountain 10 Hale A Norcross. .100 [ndependeuoe 100 li-on Silver 20 L-icrosse 10 £*ad ville Consol 10 Little Chief 50 Littl» Pitta 3-00 170 •09 1-96 •12 •25 •22 •40 A Sil v. 100 •70 100 10 100 , •14 •06 1 Elephant Robinsou Consol.. Sierra Silver •60 250 Nevada 10 50 100 50 Clift'. Spring Valley Standard Union Consol •80 •50 1 100 100 100 1^00 •30 •60 135 BOSTON MINING STOCKS.^ AUouez I 25 914 10 25 500. Brunsw'k Antimony. 212 Calumet A Heeia...25 5| 211 Atlantic 108 207 112 175 112 167 165 118 143 125 142 -.10! 42I4C. Catalpa Silver. 25 50 (3eutral Copper Falls Franklin 25 25 25 25 25 25 Huron Minnesota National Osceola 116 Quiucy Ridge 207ifl Sliver Islet 109 260 260 117 50 112 25 25 14 14 5014 •'8 88 114 1 92 BlANCFACT'INr STOCKS. Androsuog'n (Mo.).lOOi 119 Appleton(.Mas8.).1000| 993 Atlantic (-Ma.S8.) . 100 104 Barnaby - (Fall Riv.)... 11314 Barnard Mfg. (F. R.)--l 100' 132 Bates (Me.) 210 Boott Cot. (Mass.llOOO 1165 109 Border City MfL'.(F.K.)' 105 Boston Co.(Mas8.)1000, 1090 100' 165 Bo.ston Beltinc 115 Best. Duck (Mass.)700 760 330 113 15 51 Am. Linen (Fall Riv.)' lOOi 107i« 108 Amory (N. H.) Amoskeag (N.H.) 1000,2010 2015 . 155 10% 10% 1% 2 "i" 2, 1161s Tamarack 450. 10 Chace (Fall Riv.) .1001 Chlcopee (-Mass.) ..100 114 Cocbeco (N.H.)....500 530 CiJliusCo. (Conn.)-.IO 81* Coutinenta'- ^Me.). 100 63 45>4 Crea't -Mills (F. R.) 100 .... 45 Amur. Oist. Til... 100 32 Boston Gaslight. .-500 810 815 36 Crystal Spr. Bl.tF.B.) 3^ SI4 Amorioan Tel. A Cable East Boston 25 31 DavolMiU8(F. R.) 100 33 7is! 10 Amerii-an Rapid 2 Soutli Boston 100 109 111 87 Dougl's Axe (Ma88)100 Atlantic A Pacillc st'k 49 Brookline, -Mass... 100 108 40 ICO-a Dwight (Mass.). ..500i 570 12V 12»8 Bank's A Meich'ts.lOO 3H 4>< Cambridge, .Mass.. 100 151 155 Everett (-Mass.)... 100 68 211s 22Vi Ist mortgage Chelsea, Mass 10 i lOo! 100 Fall Riv. Iron W. .100 '66" Rt^ceirers' certs Dorchester, Mass. 10(j| 101 30 105 F. R. Machine Co -.100 Gi'iieral mortgage... Jamaica Pl'n.MasslOOi 135 14 136 F. R. Merino C0---IOO '25" 47 SO Baltimore A Ohio Lawrence, Mass.-. 100 132 133 Flint Mills (F. R.) 100 40 Cent. A So. Am. Cable 80 Lowell Franklin (Me.) 97 100 173 177 100 Comraenlal Tel. C!o... 25 30 t^^nn, Ma8a.,G. L..100 Y.Mill8(F.R.)100 105 91 Gl'be 93 Preferred .Vlald.A Melrose... 100 10414 IOII4 Granite (F.R.)-... 1000 97 101 63I4 Franklin 33 100 25 Newton A Wat'n ..100, 127 130 Great Falls (N. H.)100 2o»8 20% Gold A Stock 84 90 Salem. Mass 25I lOOl 100 Hamilton (Mass.) 1000 693 102 23 90 Bonds Brooklyn, L. 1 98 102 Hartf. Carpet (Ct.) 100 201 123 25| 126 118 119 Harlem Dlat. Tel. Co .1 1 2>si Citizens', Brooklyn -20l 84 100 68 S8 iHilKMe) no late transaotlons. t Poroti kser aUo pays acoraad iulerest. t In Londau. i (Jactation per share. AND 86 >» 150 37 Barcelona Reel I 07 14 1 Rappahauoek 5<s 108 168 105 162 160 114 111 122 110 110 202 114 106 240 110 255 112 45 110 70 118 111 140 205 10714 105 190 110 Alta Montana Amie Potosi BR'KLYN HORSU RKS. iss" 162 21 133 137 182i« 184 COLD A SILVER Mexican G. Navalo ... Ophir 1 11 do 100 3\\\ N.Y. *: Wilke.^b. Coal.. do pref. 100 Maryland Coal 100 120 107 115 -Mercantile 100 130 112 Metropolitan N. Y. Guar. A Ind..l00 100 4-% N. Y. Life A Trust.lOO Union 100 340" 5 Unit*d States 100 470 6 08 131 87 165 120 1000 105 110 ibs" 1475 1166' 166 300 85 1U>* 950 SI* 65 65 "ai" 90 580 75 109 . 82H 98 , Wllm. do Prof. _ woro'terANashna. 1 1.10 STOCKS. Brush 100 Brush lUuminat'g 100 Marip'sa L.A.M.CallOO I 175 ELECTRIC 1100 103 Aik. 04 129 86 MININCi STOCKS5 (N. Y. A SAN. FRAN.) Basslck Bechtel 1 1 Peoples Md.lOO Homest.ake Min'g.lOO 1214c 20 B'Way Surf., gii. 5s,'21 110 106 Guar., 5s, 1905 "r,",;rr 27^! .?!;«' Brooklyn City 203 Min.lOO Colorado Coal A 1. 100 ' 65 25 Southern Bell Southern N. England. Tropical 10 W. I. Tclegr. A TcIo.lO Cent. Arizona 20 5714 Y. State Overland. Bid. Alice 3114 N.Y.ATe.x:.Ld.,Lim. 50 Land serin No. Riv., eons. 100 p.c. pref. certificates. II4 34 Laud 10 N.E.Mtg.Secur.rBost Hampshire Land 25 -Maverick nilNIIVG STOCKS, N.Y. Cameron Coal oO ! WestJerecyA Atlantic Western Maryland Wll. Columbia* Aug.. In. 60 li« 1 Molecular iNew England 4708 47'e New York A N.J 75 New York A Pcnu GOAL & 13H 40 200 Mexican 97 Union St'k Yds ATr.Co 135 98 & Ohio Central... 20 30 do Pref.l 371a 40 n. N.J. RR AC. Co.lOOi 204 1*;.... Union Paci Ho o6i«| 56»s 100 Westch. & Phila.,pf.50' West Jersey 50' 100 N. pf. St.Lonis Tunnel KR.. St. Loui.s Transfer Co. i.Stand. Water Meter... 161s Sutro Tunnel 10 Tol. APae.lOO Huilson River Metropolitan HiaCEI.LAKeoOI. 10 135 Metropolitan, B'klyn. Nassau. Ilrooklvn ..25 People's, Brooklyn. 10 OS 70 WIlUamHb'K, B'klyn 50 78 >« 79 Charlest'n,8.C.,OaR.25 1 1 "4 Chicago O.A Coke. 100 91» lOia CinclimatI G. A Coke l"* 3 Hartford, Ct., O. L..25 22 24 Jersey C. A Bobok'u 20 65 79 People's, Jersey C 7.)i« 73% Louisville O. h... 122 Central of N. Y SO Consolidated, N. Y.lOO E<iuitalile. N. Y Mutual of N. Y....100 172 174 N. Orleans G. L. ..100 100 125 Portland, Me., G. L.50 21 25 3t. I.-onls G. L 50 2 5 Ijiclede, St. Ixmis. 100 5 10 Carondelet.St.Ixmls 50 200 250 31 3114 San Francisco G. L •lis 21s Wash'ton City G. L.20 Bleecker St. A Fult.F'y 27 Istmort., 78. 1900.. 114 Broadway A 7th Av... 277 100 95 Ist mort., .'is, 1904.. 1091s 25c.; 50o. 2d mort.. .58, 1914..- 108 2d l"!, 10c.; St. L. Erie PaciHc Mail SS. Co. 100 6 Piillm'n Palace CarlOO 132 Texas ds St.L. in Texas do InMo.&Ark.' Tol. an. ASt. l/mis ..i do Pref.lOO _ Warr'n(N.J.),r8'd,7.50: (Bait.). 100 C«v. A Cin. Bridge, Keeley Motor St.Ltmis B'dge.lstpref 13 Wab. 100 Oregon Improvement. 271a y\\ Istmort., 5s, 1902.. Oregon Ry.AN.Co.lOO 107381 10738 Brooklyn Clrosstown.- do Pref.lOO P.Minn. & Man. 100 Scioto Valley Beab'd & Koanokeioo do C>uar..l00 South Carolina 100 Bo. <k No. Alabama B'west.,«a..KM,7.100 Syr. BlUK. <Ib^. Y.lOO Summit Branch, Pa. 50 Terre H. & Iud'uap.50 Texas i N. 100 Texas i Pacillo ...100 ... 1 ! St. pi-ef...' Pan. Dolbear East Tennessee. Globe Brookllne (Mii8S.)L'd5 lat pref.lOO Meridian 50 STOCKS. Amer. Bank Note Co.. Aspiuwall Laud 10 Boston Laud 10 Boston Water Power..! ifl St. L. Van. ife 1'. H.... et. Paul ii. Uulnth.ioo! A A U21s Currier Tel. Bell mSC'L,L,.\NEOll8 . do Colombia 100 Edison 102411 Edison Illuminating. Edison Isolated 106%! Swan Incaudescent... Manposa— 7s, '86 Sawvcr-Mann 111. Co. Or. Imp. Company— 1st, 68 1910, J.AD. 9iW 92 United States United States 111. Co.. 5439 Oreg.R.AN.l8t.6s,JAJ I1314' Debenture 7s, 18S7. TKIJST ro.'s "21 '8 Pullm'n Palace Car— STOCKS, N.Y. 47'a 3d aeries, 8s,'87FAA Am. Loan A Trust.lOO 20 19 4th do 8s,'92FAA Brooklyn Trust 25 I1514 Central 2314 23's Deb'nt're,78,'88AAO tll5 100 105 8tlg,78,g., 1885 AAO 104 Fanners' Loan A Tr.25 til"' St. L. Bridge A Tun— Knickerbocker 131 1st. 7e,g.. 1929. AAO 129 Long Island 100 Hochester & Pitts. 100 Home W. AiOgd...lOO Rutland 100 do Pref., 7. .100 9t. Joseph & GM r.sl'd. St.LoulsAlt.iT.H.lOO do Pref.lOO Bt. Ixmis it San Fr.lOO do Pref.. .100, Vloksb. 97 60 JAJ Un. RK.lst, end.,6s. do 2d,end. Os.g.MAN Col.CoalA Iron-lst,68 Cov.ACin.Bge. 53,3-5y 5s, 5 years MAS Heud'u Brldge6s,l931 6 Virginia MidUind, com. . .50 I! Bait. Gas Light 6s.... l^B |Canton(Balt.)— £6s,ff. 25»9 100 Auierican Bell Amer. Speaking. BONOS. stock.. Dtah Central lOO' Vt.A Ma.H8..r8ed.6.100] TBM'IPIIONE STOCKS. 90 i.niSC'LL.ANKOtIS 68 18 Richmond & P'b'g.lOO Kleh.A W. St Point Blchmond YorkK.ifeC. do I S'rOCK.»«, Del. Hudson 100 Del. Dlv. leased,8..50 i Dauv.lOO, do 110 110>4 113 3USI1.— 0»,cp.,1918JAJ 7s, coup., 1902.. JAJ P., com. 100 Uuar. 7.100 do do SoutU'n A Atlantic. 25 Western Unlim....lOO 7s, lOJO, M. AN.... 6a,lmp.,cp.,'80MAN Pittsbnrg A Western 10 Port.Saco APort.i.lsd 6 121 Port Roval & -Vngusta' Ports.CJt.F.A: Cou.lOoj Frov. & Wiirc'iiter.lOO Kens. & Saratoga. .100, Allei;., ,Po..talTel. ACablcCo So. Tel., 1st luurt. b'da nolo, 68,btAcar,1913MAN 7s,btAcar,1915MAN Whtl Petersbni); lOO! Phlla. &Erie 501 PhUa. ifeKeadtug...50l do Pref. ...50 § Phlla. Wilm.& Bait. .50 Pitts. Cin. & St. L..50 Pitts. & Con., Vsed.SO do Pref.-.. Pitts.Ft.W.A C.,guar.7 141 Ricb.A Ui» 131 S:, Mort. 68,cp.,'95JAJ . Oregon .fe do Pref... 100 Oregon Short L ne Oregon Trans-Cont N. Y. Mutual Un. Tel.. Mutual UnitTU 6s Poslal Teli^graidi. 100 Bond-'*. Ist 6s . Con.s..M.,191178jAD 127 coup., 1910 88 Ilartf.lCOl Calif.. ..100 90 i'lf" Peun.— (Is. . N •97.Q'F 69,g.,op.Arg..'97JAD do PreMOo; N.Y. AN.EiiKlaod.lOO' Pief 1001 d) N.Y. Out. <M West.. lOQi do Pref. N. Y. Penii. & Ohio ...| do Pref.> H.Y. ProT. & Bost.lOO N.Y. 8us(|. ifc Western. do Pref. N.Y. West Shore &B.. Norf.dc West,, com 100 do pref.lOO No. Peuns.vlvftnla..50 Northern < out ral ... .50 North'n N. Ilanip.lOO North'n Pac.eom.lOO Pref.lOO do Norw.ife Worecster.lOO Ogd. & L. Champ. loo! Ohio Central 1001 OhloA.Miss 100 do Pref. 100 Ohio SoHthern 100 Old Colouv 100 Q— Aak. Bid. Uanhnttan Telegraph Moxlonn 100 115 .Mutual Union 100 Conv Us,g.rg.'94>rAS 111 23 N. Y. & niirlem ....50 N.Y.L.&\V.,ciiar.5.100' N.Y.L.Erieck West. 100' N.Y am 1894. AAO 4i»s, 1914 KK. 68, rog.. N. Lond.A-'North'iilOO. N.Y.C'i>m..\i H.Rlv.lOO N.Y.Cliif..v8t.L...100 do 7h. let l'a.D.cp..7s,MAS Leliiuh Navigatlon- Uoutlmni. MlROELLAIIKOU*. A«k. Bid. I ! 1 I : iiiOO S5 700 209 70, THE CHRONICLE. 20 fvou xjLir. GENERAL QUOTATIONS OF STOCKS AND BONDS—Concluded. For Ecplauatloas See Notes Hiking Stocks. Bid. Dlv.— 6b. 'gS.JAJ Holyokc W. Power. 1 00 Jackson (N. n.)..1000 King Phllii) (F. R.) 100 400 Laoonia (Mo) Lancaster M.(N.H)400 L'rel Luke Mills (F. R.) Lawrence (Maas.jlOOO Lowell (Mass) 690 Del. 200 1085 100 oOO 550 (F.R.) .100 Middlesex (Mass.). 100 l^U Narramn8'tt(F.R,)100 N»ghua(K. H.)....500 465 NanmkeaK (Mass.)lO} S. 9. Qlass (Ma8s.)373 91 TO 415 Paolflc (Mass.). ..1000 15S0 Pepperell (Me.) 500 1110 Pooasset iF'. R.)...100 Bleh. Bord'u(F.B.) 100 Boboson (F. Riv.) 1000 8a»«niore(F. Riv.) 100 ealiiioB l"alIs(N.H.)300; 95 Bandw.GlaR«(.Mas8.)80 57 Shove (Fall Kiv.). lOOi SladcMFah Riv.).. 100| 53 >» Stafford (FallRiv.) 100 Stark Mills (N.H.)IOOO 1025 Tecuiuseh d'. R.).100j •-... ThoiiidiktC.ia.'is. 1000 850 Ik 95 Traders' Tremont 1105 isio 50 (Me.) 750 OOu R.)100 Wllllm'tlc Linen(Ct)25 York Co. BANK 10 Citizens' National First National 210 411a Fourth National German National Merchants' National. Metroi>olitan Nat Mat. Lat. & Bk of Com. Queen City National.. 44 905 ife . German American Howard ] Marine 30 Mechanics' 10 Herehants' 100 National Exch'ge. 100 People's 25 Beobnd National ..100 Third National. ...100 Union 75 Western 20 Boston. Atlanttc 100 AtlM., 100 Blaokatone 100 Boston Nat 100 BeyUton 100 Broadway 100 Butlcer Hill 100 Oenttel 100 Oty. 100 Columbian 100 Commerce 100 Commonwealth ... 100 Continental 100 Eagle 100 Bllot 100 Everett loc Exchange 100 Faneuil H.ill loo First National lOo First Ward 100 Fourth National.. 100 Freemans' 100 Globe 100 Hamilton 100 g \fiA I-eather...lOO 100 ,, wjird |>Jnornn 100 Hapufacturers'.. .100 MaiAiet, iOO Marlw.»(Brighton).100 iim iGermanla [Greenwich IHanover . . 133 93 246' 230 175 130 125" 132 102 193 133 105 200 93 156" Second National II8I3 126 Third National Union Nat 105 110 Western German Bank 200 Hartford. 10 (Etna Nat 100 110 114 75 50 72 Charter Oak Nat. 100 137 140 City 65 62 100 43 Connecticut River 50 471s 30 12S Far. & Mech. Nat. 100 102 104 100 First Nat 100 101 105 114 Hartford Nat 100 160 11 Mercantile Nat 100 95 100 3.114 National Exchange. 50 72 75 12 121s Phcenix Nat 100 137 140 135 State 100 97 100 121 United States 100 195 20>s liOutsTlIIe. 150 B'nk of Commerce 114 115 105 111 Bank of KcntuokyloO 131 152 SO Bank of LouisvlllelOO 7ri 80 35 Citizens' National. loo 118 119 City Nat 116 100 115 139 13913 Falls City TobaeeolOO 9.^ 125 I'.<I6 Fariners'of Ky ...100 107 112 110 11013 Fanners' & Drov. 100 100 101 121is 122 First Nat 100 158 160 130 131 German Ins. Co. 's. 100 115 117 100 German loO 126 127 190 103 German National. 100 140 141 101 105 Kentucky Nat 100 135 137 llO 110% Louisv. Banking Co.40 208 210 "*" Masonic 131 1311a 100 133 135 120 121 Merchants' Nat. ..100 134 135 118 120 Northern of Ky ... 100 liiO 122 llOHi 111 People's Bank 105 106 109 >s 110 Second Nat 100 112 113 l'23>s 124 Security 100 155 160 98 99 Tlilrd National .... 100 125 127 no's 120 Western l(X) 113 116 135 13.iis New Orleans. 205 in-!i^' Canal & Banking.. 100 13R 140 119 f"'^, '"''"'"''18' 100 46% 01. 110=4 if 'i^Vsi GermaniaNat 100 140 150 105 |106 Hibernia 100 130 89 aou IxiuisiaiiaNat Nat.. .. 100 1191s 122 I'.i9»3ll30 xll8 121 119 IllMU Metropol itan Mutual Nat 100 1151J 1191s 117>2'H8 .New Orleans Nat. .100 278 106 1061s iPeople's 56 50 60isi 99 IOO (State Nat lOO llo 125 ....,.,„ >« (12 93 Union Nat 109 loo UUis 13ij%'l37 Com. & Fanaers'. 100 123 Farmers' B'k of Md.30 32 Farmers' .Merch..40 54 Farmers' JiPlanter8'25 First Nat. of Bait. 100 Franklin 60 95 97 94 96i» 111 143 . I Commercial Bank STOCKS. . 112 I 115 7rO Baltimore. Bank ol Baltimore 100 138 Bank of Commerce. 1 15 Cattzens' German American. .73 109 1161s 117 American Nat 126 . I . I I I I V 1 Massachusetts 'J-IO »0^ loo Maverick 100 SO 230 Meohanics' (80. B.)100 128 130 Merchandise 100 102 102 14 Merchants' 100 145 14b MetrtqmUtan 100 111 113 Monitment 100 219 220 Mt. Vernon 100 135isil36 New England 100 140 147 North 10(1 1331s 136 North America lot 104 1041s Old Boston 50 flO 61 Pem>lo'» 100 158 160 Re4einj)tlon 100 1 23'e l'24i4 Bepubllo 100 139 !140 gewe. 100 125 126 BooUand 100 13Hifl'l37 Second Nat lOO 1=>71»|159 8«>"»rtty 100 178 182 Bbawmnt 100 1311b 122 Shoe Jt Leather 100 101 >s 101% tato. ion 12»*i '21 Ne«T York America 100 American Eich'gelOO Broadway 25 Butchers'A Droyers25 'Central National.. 100 Chase National 100 Chatliam 25 Chemical loO 100 S'y Citizens 25 Commerce loO Ctmtinental loO 165 126 270 142 110 143 135 2650 265 110 136 110 (3orn Exchange ;..100 178 East River 25 110 Eleventh Ward 25 JllO First National 100 950 Fourth National. .100 122 Fulton 30 110 Fifth Avenue 100 600 Gallatin National ..50 189 G n-'leld ion •J^oenoainal; »o 1 .w tr«M«cttoii.. . t I*eti>rite tlUa week. Philadelphia. ^ B'kofN. America .100 Centennial Nat 100 140 Central National. .100 260 City National 50 123 Columbian 100 Commercial Nat 50 Commonwealth Nat 50 Consolidation Nat.. 30 Oirn Exchange Nat.50 Eighth Nat 100 FlrstNat 100 Farmers'&Mech.N.lOO Girard National 40 Kensington Nat 50 Maniifact'r'rs'Nat.lOO Mechanics' Nat.... 100 102 59 33 69 60 235 218 140 92 75 HO 124 Merchants' Nat 135 54 Nat. B'k Commerce. 50 Nat.B'kGerinant'n.50 124 N.at.B'kN. Liberties 50 173 Nat.B'kRopublic.lOO 130 National Security. 100 120 Penn National 50 310 150 270 127 106 60 33 70 61 2fi5 225 143 I I Bid. Ask. Manufacturers'. ..100 48 Mass. Mutual 1 00 110 Mercantile F. & M.lOO 1351s Neptune F.& M...100 891* North American ..100 100 Prescott 100 100 Shoe & leather. . .100 85 Washington 100 Cincinnati. Amazon(new stock) 20 Aurora 89 7713 80 Cincinnati 20 25 Citizens' 20 Commercial 25) 150 110 210 100 35 180 100 150 85 200 Eagle 100 Enterprise 20 Eureka 20 Fidelity lOO Firemen's 20 Germania 20 Globe 20 Merchants'* Manuf 20 Miami Valley 50 National 100 Security 100 Washington 20 Western 25 50 170 90 100 163 75 140 85 125 160 Hartford, Conn. I-Etna Fire 240 110 269 128 HO 170 95 100 100 100 1 00 loO 100 50 Connecticut Hartford National Orient Phoenix Steam Boiler 245 113 274 130 83 175 110 London, Kne. Commercial Union. i5 15 16 Guardian 53 50 60 Imperial Fire 25 150 155 4I9 Lancashire F. & L. _ 5 Umdon As8.Corp.12iB 45 47 Liv. & Lond. &Globe. 2 27 28 North'n Fire & Life ..5 42 44 North Brit. & Mer. 8% 3^is 33>a . (Jueen Fire & Life.. .1 Royal Insurance 3 2's 2% 311s 321* 92 98 70 N«iv Orleans. Crescent Mutual 85 i actors' 821a , and Traders'. Firemen's 130 140 56 Germania 126 175 135 121 71 Hope 100 1271s Hibernia 107 25 107 Home 110 27 109 Lafayette 071s 70 Merchants' Mutual .x62 64 Mechanics' & Traclers' IIII4 113 New Orleans Ins. Ass'n 20 24 Now Orleans Ins. Co 45I4 42 People's 20 Sun Mutual 127 130 Teutonla . . . PliiladelphiaNat..lOO 2'^0 115 98 120 120 102 100 100 100 50 Spring Garden .... 100 ThirdNat 100 HO UnionNat 50 75 Western Nat 50 90 West Philadelphia.lOO 115 225 120 105 123 125 105 115 80 100 Portland, me. Cumberland Nat.. .40 48 CanalNat 100 165 CascoNat 100 154 FirstNat 100 141 Merchants' Nat 75 116 National Traders'. 100 139 50 167 156 146 118 141 Rlchmond.lVa. Bank 25 ..... 26 Nat 100 137 145 Merchants' Nat. ..10 1121* Nat. Bk of VirginialOO 85 Planters'Nat 100 137is State Bank of Va.lOO 106 107 St. lionls. B'k ot Commerce. .100 450 City First Commercial 100' 310 Continental looj 135 Franklin) 100 ICO Fourth National ..100 225 fnternational lOo! 90 Mechanics' lOOi 113 100 .Merchants' Nat 100 100 St. Louis National. 100 122 Third National. ...100 101 . . . San Francisco. Anglo-Califoruia Bank of California FirstNat. Gold.... 100 60 63 163 12 lis 17> FIRE INSUR'CE STOCKS. Associate Firemen's.,") Baltimore Fire Ins. 10 Firemen's Insur'ce 18 . Howard Fire Maryland Fire 5 10 Merchants' Mutual. 50 National Fire 10 Boston. 7\ 30 8 31 21 7% 4% 6 61 414 American F. & M. 100 1241s 125 Boston 100 12.> 128 Boy Iston 100 80 81 Dwelling House. ..100 91 92 Eliot 100 129 1.10 Firemen's 100 162 1H4 . (QaoMtton per share. I NeiT York. American 50 l.'.O American Exoh...lOO 95 Bowery 25 133 Broadway 25 163 Brooklyn 160 Citizens' 20 125 City 70 115 Clinton 100 li!0 Commercial 50 25 Continental 100 220 Eagle 40 235 Empire City 100 80 Exchange 30 73 Farriigut 50 107 Firemen's 17 85 Firemen's Trust 10 HO Frank. &Emp'lum 100 40 German-American 100 225 Germania 50 130 Globe 50 108 Greenwich 25 195 Guardian 100 63 Hamilton 15 108 Hanover 50 128 Home 100 130 Howard 40 70 JelTerson 30 117 Kings Co. (B'klyn) .20 218 Knickerbocker 30 83 Lafayette B'klyn) .50 80 Long Isl'd (B'klyn). 50 95 Manuf. & Builder.s'100 100 Mech. & Traders'. .23 35 Mechanics' (B'klyn)50 80 Mercantile 50 60 Merchants' 50 110 Montauk (B'klyn).. 50 95 Nassau (B'klyn) 50 143 National 37is 83 N. Y. Equitable 35 160 New York Fire 100 65 Niagara 50 138 North Elver 25 100 PaciHo 25 l(i5 Park 100 103 Peter Cooper 20 143 People's 50 103 Phenix (B'klyn) ....50 140 Rutgers' 23 115 Standard 50 100 Star 100 55 Sterling ion 53 Sttiyvesant 25 105 United states 25 127 Westchester 10 '20 WllUami'burg City. .50 225 17 r Baltimore. 163 I I People's Second Nat Seventh Nat SixthNat Southwark Nat Paoiao 115 INSDBANCE Stocks. Ask. 1 (Ct.)25 (F. Bid. t Waehlngt'ui.Mass.llOOi We*tanioe Bank Stocks. ( 1 TremontA?.Maas)100| 110 Troy C. <tW iF.R.InOO Union C.Mr. iF.K.) 100 200 WampanoaKi F.R.) 100 iOO Weed Sew. M'e Pa^e of Qaotatlons. First 100 150 25 100 100 140 1431s Importers' & Tr ... 100 260 Onion 133i« 134 Irving 50 130 555 Washington Leather Manuf ts 100 152 lOoSi 106 85 Webster 145 Manhattan 50 1550 Brooklyn Marine 100 725 Brooklyn 100 128 145 [.Market 100 230 First National 50 270 Mechanics' 25 145 865 40 140 150 Pulton 110 Mechanics' & Tr.. .25 69 Is Caty National 50 280 125 136 IMercantlle .100 113 60 130 Commercial [Merchants' 1050 Long Island 50 125 100 115 118 Merchants' Exoh'geSO lOOis 102 86 128 Manufacturers' 31 115 Mctroimlitan 100 29 50 200 210 1340 Mechanics' Nassau 50 125 Nassau 100 200 210 New York 100 170 Charleston. 180 N. Y. Nat. Exch'gelOO 100 B'kofCbas.(NBA)100 100 New York County. 100 )135 First Nat. Chas.. .100 240 173 122 Ninth National. ...100 People's National. 100 150 93 North America .... 70 107 5 North River 50 115 Cblcago. 423 Oriental ChicagoNat 25 155 100 137 16)0 UominorcialNat...lOO 140 150 Paciflo 50 150 160 1120 Continental Nat. ..100 125 127 Park... 100 152 160 First National People's 100 210 225 25 145 fO 65 110 Hide and Leather. IGOi 140 Phenix 20 U06 125 Merchants' Nat.. .100, 360 BepuWio 100 lUO 150 143 Metropolitan Nat. lOOi Second National.. IOC 275 143 Na'. Bk. of Amer..lOO| 140 96 Seventh Ward 100 59 Nat.B'kof lUinois.lOO 145 Shoe & Leather.. -.100 132 80 126 Northwestern Nat. 100 600 St. Nicholas 100 115 60 Union National.... 100 140 StateofN.Y 100 120 100 Un.StockY'dsNat.lOO 200 215 Tradesmen's 40 tlOl 1030 Union 50 Cincinnati. United States Nat. 100 '200 98 906" ICiuciuiiati .National,-. Third Nat 1210 ! Newmarket Head of Ask. Bid. 100 100 100 100 100 100 100 Siiflolk 1535 720 Lowell BIeacliery.2O0 2-iT> Lowell Mach.81iop.500 855 Lyman M. (Mass.). 100 6!> Manchester (N.H.) 100 133 lOOOilOlO Mass. Cotton Mechanics' (F. R.) 100 Mcri'liauts' (F. R.) 100 Merriuiack(Mass)1000 1330 Metacomet Bank Stocks. Ask. at . I 1,5.% 101 140 175 170 130 120 125 33 230 24.1 85 100 112 90 44 30 235 135 112 220 7a LI 135 I 1 35 80 123 225 95 85 101 lO.i 45 85 63 115 IOO 1,50 90 170 70 143 no 175 110 135 no 145 120 ICV 60 60 115 1»5 1-^5 235 Aa«e«8m«nt paid. i January 2, THE CHRONICLE. 1888.J In tr s e MrSiilxa^ii mc t 21 ncCOMB ACCODRT FOR 1884-85. $849,176 Net eftrnlnjr" 11 • ilND mortgage iKiud* ni aecond uiortgUKe boadi on llontlng debt Interext on lutcXItgence, The Investors' SUPPLRMKNT nontatfu a complete exhibit of Vl'JO.OOO llrst Intcri'Ht fnteretir Rental 8. U. & C. KR eO,OCK> 13,lHU 50,000- 249,106 , Burpliu .... OENERAL BALANCE SIIEBT SEPT. 30, 188o. Funded Debt of States and Cities and of the Stocks and Or. Dr. Bonds of Railroads and oiher Companies. It is published Com of roftd and null p. $.•5,157.8:5 Capital slock Kimt niort. Iionds on the last Saturday of every other month-viz., February, Cost or l.,aur«nH UK 33,564 Ut'vontt mort. txiiids. April, June, August, October and December, and is fur- Cost of iiliin Kidge RR. 9102,009 the nished without extra charge to all recjular subscribers of the CuHONicLE. Extra copies are sold to subscribers of the Chronicle at 50 cents each, and to others than subscribers at |1 per copy. ANNUAL REPORTS. Richmond & Petersbiirjir. and in other respects the all property has been fully maintained. EAUNINliS, EXPENSES, .tC, $174,378 117.781 Gross receipts Gross cxpeuses Net receipts Interest Net revenue Dividends FOR FOCK TEARS. 1884. 18S5. $1H2.821 101,575 $195,H69 103,638 $492,650 97,481 $.Tb.S97 $78.'J46 16,934 15,887 $86,671 20,926 $95,169 21,326 $39,643 $30,279 $62,359 $25,232 $65,745 $50,464 $;3,S43 $50,000 Nortlieastem (Sonth Carolina). (For the year ending September 30, 1885.) A comparison of the operations in 1884-5 with those of the preceding year shows as follows : Reeeiptgfrom— Through freight Locallreight Through passengers ... Local passengers .Mails Other sources Total Operating expanses... Netearnings 1883-1. 1884-5. $230,778 118,424 96,249 68,422 40,371 15,223 $223,790 105,832 110.745 68,981 44,987 15,721 4,615 .$069,470 401,523 $570,038 407,238 $20,167 2,714 $164,946 $162,819 Jncreate. Decrease. $6,987 12,591 $ 14,495 558 497 $19,579 $2,127 report says: "During the past year we have moved 134,549 bales of cotton, against 105,695 bales the preceding year, or an excess of 28,854 bales. Our business in naval stores shows a diminution of 48,815 barrels, the movement of this year having been confined to 85,655 bbls., as against 130,470 barrels the previous year. This is to be accounted for by the gradual exhaustion of the pine forests directly upon the line of this road and others tributary to it, and the removal of the labor heretofore employed in this industry to newer and more remote territory, where it can be used to much greater advantage." * » » "The passenger service of the company has been extended and improved, as circumstances nave required." * * * "As shown above, the total increase in revenues from the passenger service has been $15,053." The income account is briefly stated thus $162,819 Netearnings The : From dividends, 26,511 <Seo $189,331 Total net receipts Annual interest on bonded debt Dividends, 6 per cent on stock $133,000 53,961— 186,961 Balance. $2,370 Colniultia & Greenville. (For the year ending September 30, 1885.) The annual report gives the earnings and expenses for the year as follows EARNINGS AND EXPBN8ES. 1884-5. 1883-4. $526,283 155,!f83 $447,201 151,986 8,976 18,161 8,874 6,737 9.468 35,858 8,524 7,681 Operating expenses $724,316 379,140 $640,720 400.044 Netearnings $345,176 $240,676 Freight Passengers Express Mall Telegraph Miscellaneous Total road 5.227 23,: 9!* ilcprt. Fuel on hand , payable Aeoounts pAyablu. dn 10,6«7 50.235 Bills i^ash 19,68-'» Profit Due fnini U 8. P.O. rtpt. Due from other RR.Co'8 4,6-0 20.931 on hand Due from agents, &o... $-vl26,.557 2,0«iO.OOU [ut luaturlngOur. 1 '8 Interest iiuclultii>;d 8od 1.000,000 oO.tOO i 2.<ilO 183,781 31.423 . 17«,'»41 loss Total $5,426,557 Charlotte Columbia & Angnsta. (For the year ending Sept. 30, 1885.) The annual report supplies the following statement of Mrnings and expenses for the year ending September 30 : Freight Passengers Express Mall Miscellaneous 1884-.^. 1883-4. $i49,955 216,462 12,219 »3,916 14,413 $492,907 222,2o8 $826,967 462.^57 $760,2 3 571,475 $304,010 $197,788 Total Expenses Netearnings 12,466 2i»,284 12,395 INCOME ACCOirST, 1884-5. $364,010 Net earnings Letluci— Interest on funded delit...i; Interest on floating debt interest Citv of Autfusta Kental.V T. & O. CoupiuiB and dividends C. StL $187,775 11. 'a6 7.000 2i.000 RR 1883. 18ri2. Do Total (For the year ending September 30, 1885.) The annual report says that the net earnings of |95,168 were applied to interest on the debt, the usual Ave per cent dividend on the stiuk, and to the James River bridge. Contracts have lieen made for the completion of the bridge, vehich will be done by January, at a total cost not exceeding the original estimate. The bonds that matured last April have been paid, and the debt of the company has been reduced $11,000 during the year. The property known as the Public Warehouse, between Seventh, Canal, Eighth.and Byrd streets, nearly two acres in extent, has been bought from the State by this company and the Richmond Fredericksburg & Potomac Railroad Company for their jomt use, at a cost of $53,000. The usual semi-annual dividend of two and one-half per cent, payable, The road is now laid with let January, has been declared. steel rails for its entire length, Mater'l on hnu<l— Ktaops $2,000,000 . Coupons and dividends C. 23,'.!;0 &C 264.624 9,90 J $99,385 Surplus as compared with the previous year, show an increase of $57,704, or 7 5-10 per cent. The ratio of expenses and taxes to earnings was 55 9-10 per cent. The earnings, Mississippi & Tennessee. (For the year ending September 30, 1885.) The annual report has the following The cost of operating the road, including betterments, is 68'67 per cent of the gross income. The earnings, as compared with the last corporate year, show a decrease ingross receipts of $55,467, or 10 17 per cent a decrease of net receipts, $97,082. or 38-74 per cent, and an increase of operating expenses, $41,565, or 14'11 per cent. The decrease in gross receipts is in part attributed to the opening of other new railway routes to New Orleans and other SouthTexas Railroad has The Louisville New Orleans ern ports. beep in operation during the greater part of the period of the Brunswick Railroad corporate year, and the Memphis Selma during several months of the corporate year. They are legitimately entitled to a share of the through business which the Tennessee Railroad in former years commanded." Mississippi * * * " The freight revenue shows a falling off of $48,122, but of this amount $41,203 was local freight and only $6,919 The decrease of 10,627 bales of cotton through freight. shipped from local stations on the road explains in part the deficit in local receipts from passengers ss well as freight the cotton crop and its prices being generally regarded the standard of the country's prosperity. "There is a decrease of $97,033, or 38-74 per cent, in the net receipts of the road, compared with 1884. This deficit is satisfactorily accounted for by the purchase of two freight locomotives at a cost of $14,600, and replacing an old wooden bridge across Tallahatchie River with an iron one, at a net cost of $31,283, making a total of $45,883 paid out of the receipts of the road and charged to operating expenses." * * * "De- & & & — ducting these betterment expenditures the amount expended in operating expenses will compare favorably with last year." As to the financial condition of the company, the Treasurer's report shows a floating debt of $103,344, against assets amounting to $311,606. The comparative statement of earnings and operating expenses for the fiscal year ended September 30, 1885, as compared with previous years, was as follows : EARNINGS AND EXPENSES. From— 1885. Passengers $117,373 357,684 Freight Eiprees Mali PrivUeges Increase. $9,lt)l 48,1-22 362 853 600 5,023 7,963 1,500 Operating expenses. $489,549 336.135 $545,616 294,570 Net earnings $153,413 $250,446 Total Decrense. $53.. 67 $41,565 $97,032 GENERAL INVESTMENT NEWS. Alabama New Orleans & Texas Pacific Junction.—The The earnings, as compared with the previous year, show an completion of the new incline and the boat for the transfer of increase of $83,596, or 13 per cent. The ratio of expenses and freight across the Mississippi at Vicksburg will have important taxes to eammgs was 52 3 '10 per cent. results in advancing the interests of the Erlanger system. THE CHRONICLE. 22 This is the largest and most important railway system in the country of which the absolute control rests with English capiexecutalists, though its management is vested in an American tive committee, consisting of President Bond, Isaac P. Martin, Otto Plock and Charles Schiff, of London, now in this country. President Bond said of the system: "The completion of this new incline, wliich enables us to transfer cars acro3S the river at Vicksburg, makes our line the quickest route to Texas from The distance from all all Central and Southwestern points. Atlantic seaports south of Baltimore by our line is shorter than by any other, and we can make better time, although for want of transfer facilities we have been shut out from doing any through business until now. The total earnings up to November 21 were $4,080,875, with last year." an increase of $180,860 as com- pared Central of Jersey.— Officials of the Jersey Central state that they have paid about one-half of the October coupons, and that the November convertibles will probably be met some time next month. The coupons due on Jan. 1 will prob ably be behindhand about the same as those of October andNovember, if the Philadelphia & Reading continue to supply funds as heretofore. The following facts relative to its operations were elicited in the Jersey Central examination this week — fVou XLi: November. 1S85. 1884. , ] . July . $107,015 Netearnlngs Louis St. '.-, $857,807 609,974 $ll.=i,953 CI .$247,833 Mobile & Ohio— St. Louis & Cairo.— It terms of the 1 to Xov. 1«-. $^!l 1985. $237,134 $253,332 137,379 Operating expenses.... 130,119 Gro.ss earnings <& Cairo's lease to is $:.55.874 reported that the Mobile & Ohio fc • years are substantially as follows The rental is to be IliPi, per year, of which $5,000 is for expenses of maintaining the organization of the lessor, and the balance is for interest. The $2,600,000 of five per cent bonds now outstanding are to be replaced by $4,000,000 of 4 per cent bonds, to be issued in tlie following way For each $1,000 bond outstanding and $400 in cash, a new bond for $1,50*0 is to be given. The money raised by this cash payment is to be used in widening the gauge of the leased road. N. Y. Central & Hndson. The estimated statement for the quarter ended Dec. 81, 1885, compared with the actual for 1884 as follows : : — 1885. Gross earnings Operating expenses $6,846,000 3,968,0.10 18SI. $6,810,169 3,933,035 Net earnings Charges $J,880.000 1,467,000 $2,877,084 1,500,000 Snrplus Dividend $1,413,000 694,000- Clianges. Inc. Inc. $35,i30 32,915 Inc. Dec. $2,916 33,000 $1,377,084 Inc. 1,341,424 Deo. $35,916 447,424 : 834, to April 1, 1885 on account Jersey Cmitral on account LeliigL Navigation Net earnings June Payment Payment 3, $2,971,190 1,134,296— 4,105,488 $358,391 Deficit April 1 to November : Gross receipts Operating expenses $3,746,595 1 30— $7,412,193 3,992,810 , $3,419,383 Net earnings PaymenU 3,230,3.59 $189,023 Surplus & —A dispatch from the West reports that the Nortliwestern has let contracts for the extension of the Fremont Missouri Valley & Elkhorn road from Chadron west to Fort Felterman, a distance of about ninety miles, calling for its completion by Sept. 1, 1886. This is the first direct move towards the construction of the main line in the direction of Ogden. The Black Hills line turns northward from Chadron and is already completed to Buffalo Gap, and will be at Rapid City early in the spring, the grading beyond Buffalo Gap being well under way. The extension to the west from Chadron to Fort Felterman will run through the heart of the northern Wyoming cattle ranges, and will open up a section rich in agricultural resources. Chicago Northwestern. press Des Moines Osceola & Sonthern.— It is stated that the bondholders have completed an arrangement for the purpose of changing this road from three feet to standard eauge and extending it from its present terminus at Cainesville, Mo,, to a connection with Kansas City or St. Joseph. These improvements will be carried out under charge of a committee appointed by the bondholders. The agreement was to take effect as soon as approved by .f 600,000 of the $87y,000 bonds. Fort Wortli & Denver City.— Earnings for Gross earnings Operating expenses 54 Manhattan...: New York 6'J Metropolitan 24 Municipal & Kniek'b'er 9 Harlem 30 Total Xoveniber. 1885. 1884. $4,000,000 4,000,000 2,500,000 3,i: 00,000 2,000,000 $3,28 ',000 750,000 6 12,-700 2,515.300 1,569,050 Dii'idendt Paid. *25. 6:7,675 18,484,078 7.573,749 2,806,192 2,249,917 $15,500,000 , on $8,727,0.50 $56,741,613 Increase in stock Total benefits ta the Consolidation .Shareholders. Manhattan New York $8,660,000 3,600.000 MetriipoUtan Mmiioipal & Knickerbocker $:J4.2^<7,675 22.171,336 12.260,737 7,339,036 3,359,917 4,000,0;i0 3,600,000 1,110,000 Harlem Total $;0,970.000 $79,418,703 of first mortgage bonds are notified that they will receive for their coupons due January 1st, coupon certificates for one-half the amount of interest maturing and cash for the other half. New York Susquehanna & Western.— Holders — ^ Netearnlngs 17,294 $18,979 Lake Shore & Michigan Southern.— At a meeting of the Executive and Finance Committee of the Board of Directors, held Dec. 31, the following partly estimated statement of the business for the year 1885, compared with 1884, was presented: 1885. 1884. $14,088,457 9,247,081 $U,843,5Sl (65-64) (61-53) $1,341,376 $5,710,062 9,133 521 , 1885. Gross earnings $270,648 Expenses, incl. taxes.. 153,917 $3t),273 $18,610 , Capital Paid in Cash. Name of Co. $116,731 Northern Pacillc. „ Gross earnings Operating expenses and taxes Cttpitat. Maximum Existence. . $43,514 24,904 Netearnlngs ^efceM No. of Tears'in Kame of Co. Norfolk & Western. The gross and net earnings for Nov. and for eleven months from January 1 were as follows: November. November were ^11 mos.,Jan.l to Nov. 30.-.> as follows ' Balance $519,000 $35,660 Inc. $483,340 1-6 p. c. 1-53 p. c. Inc. Earned on stocii 07 p. c. New York City GasCoiupanies.— Senators Gilbert, Murphy, and Robinson, who comprise the special committee appointed to investigate the consolidation of the gas companies in this city, had submitted to them by Expert James Yalden the tabulated statements concerning the constituent companies which form the Consolidated Gas Company, The following figures show the amount of capital stock of each company and -the aggregate amount of dividends paid, &c. the fiscal — Ootoher November Tot.ll 5 1885. $2,521,688 1,509,708 $2,464,049 1,385,370 $115,063 $1,011,980 $1,078,679 1884. and net earnings thus far in and 188.5-86, by months, are as follows: Gross Earnitujs.1834. $1,02-^,438 1,032,602 1,23«,560 1,461,511 1,249,3.58 1,116,379 X885 August September 1884. —The gross years 1884^85 ' July $214,809 129,741 $1,000,011 971,289 1,224,955 1,522,285 --Vel Earninffs. 1885. 1884. $549,444 506,708 692,059 868,614 717,605 • $193,393 489,-997 616,449 824,716 5()4.a05 months. $5,967,898 $5,369,420 $3,331,430 .$3,019,080 sales for the same period in 1885, 188,816 acres; of sales, including town lots, $7.56,110. Land amount anteed stock Ogdenshnrg* Lake Chainplain—Lnmoiile Valley.—Presi3,893,090 3,72),670 dent Depew of N. Y. Central is reported as giving the folBalance for stock $948,376 $1,989,392 lowing history on the circumstances out of which the present Eimals per share (1-92) (4-02) suit between the Lamoille Valley and the Ogdensburg & Lake No dividend was declared. Champlain grew. " The Ogdensburg & Lake C'haraplain RailMichigan Central— Canada Southern.— The statements road was one of the connections of the New York Central, submitted at the meeting of the Board Dec. 31 made the fol- and was doing a good business. It was thought, however, lowing comparison with 1884, 1885 being partly estimated that the business of the road might be increased if in some 1885. 1884. way it could get an entrance into Northern New England. Eillmated. Actual. _ Chanaes Gross earnings $10,750,000 $11,659,077 Dec. $901,077 The Grand Trunk at that time monopolized all the traffic of Operating expenses 8,005,000 8,959,132 Deo. 954,132 this section. If the New York Central could form a conNeteamiuga Interest, rentals, and dividends on guar- : , New England through the OgdensLake Champlain, some of this traffic might be obtained for the Central route. It was proposed to make this conBalance. $8 5,000 •$61,343 Inc. $21,657 nection by building a bridge and about fourteen miles of One-tlilrd to Canada Southcru 27,607 20,448 Inc. 7,219 road, which would unite the Ogdensburg road with the St. Johnsbury road. The bridge was across a navigable stream Two-tblrdg to Mlcli. Cent $55,333 $"loi895 Inc. ~$14 438 Mlssonri.Paclflc.-Tho Comptroller, City Counselor and running out of Lake Champlain, and consequently could Hot be built without the consent of the Federal Government. the attorney for the Missouri Pacific Railway Company appeared m court and disposed of the St. Louis suit against This consent was obtained, and bonds to the amount of $850,000 were issued for the construction of the road and this railway for recovery of the judgment in respect to bridge. The earnings of the extension road itself and the the old county s loan to the Pacific Railroad in 1865. Each first earnings of the Ogdensburg bond was canceled and the signatures effaced, and an entry road were pledged to pay the interest on these bonds. Mr. Vanderbilt took one-half of of dismissal was made on the records. This disposes finally and them Mr. Phelps, the contractor, took the other half. of the debt due the city of St. Louis. Mobile & Ohio. --The gross and net earnings for November When the Grand Trunk & Vermont Central people realized their monopoly was in danger,they quietly went to work that and from July 1 to Nov. 30 have been and bought up a controlling interest in the Ogdensburg & Net oamiDgs Cliarges $.',750,000 2,667,000 nection with Northern $2,699,945 Inc. 2,638,602 Inc. $50,05-. 28,398 burg & ,M A«v a, THE (CHRONICLE, 1886.] riininplain Ilailroml, put in tlieir own luanngeuiMit. cmBeil to operate the Lamoille \'iilley extiMision. Tliin ' llio «K<'iH'j' of some of their friends, who held tlic irg iiiiome UindH, tliey caused a suit to be brouglit iii'uiselvea with the object of declaring the guarantee It icir predecessors on the bonds of the branch road void. it this point the New York Central, as one of the bondThe i.TS and tlie trustees of the bondholders, stepped in. :iR'tion has leen declared permanent, but the suit is still to uc died." Ohio Central— Iliver Division.— A di.spatch from CimrleH:, West Va., Deo. 30, said: "The Ohio Central Railroad, h was recently sold, hius had its name change<l to th(> iwha Ohio liiilroad, but as yet no oillcial notilication riat elTect has been madi-. All of the offlces of the coni- are the unpaid grants vole<l to aid in the construction of the line. These amount in lo'liana alone to several hundred thousand dollars, and, as the Supreme Court has decided they • • are collectible, the communities will be called upon to pay. Grant County voted $70,00J, of which it has paid only $28,0()0. ToiiawiiiMln Valley & Cuhit— liradford Kldred & Culm.— This week Judge Donahue rendered decisions in favor of the New York Lake Erie& Western Railroad in two suits brought against it by the Bradford Eldred & Cuba Railroad Company and Thomas C. Piatt as receiver, and theTonawanda Valley (;uba Railroad Company and Bird W. Spencer as receiver. The two last-named roads are narrow-gauge roads runnins through the western part of New York and Pennsylvania ana connecting with the Erie system at various points. In the autumn of 1884 they each made default in the payment of interest on their bonded indebtedness, and thereupon foreclosure suits were begun by the bondholders, and the two roads were placed in the hands of receivers. Before these suits were brought to a conclusion, however, the receivers each began suit against the Erie Company, claiming that under certain contracts between the Erie and the narrow-gauge roads the Erie had agreed to make up any deficiency in the earnings of the narrow-gauge roads to pay their bonded indebtedness. "The Erie Company refused to pay the deficiencies and defended the actions on the ground that the contracts referred to were illegal and unjust, and imposed on it a heavy burden without any corresponding benefit. The cases came up for trial before Judge Uonohue in the Supreme Court in October. The counsel for the Erie road made a motion to dismiss the complaint in each case on the grounds above stated. The case was argued at considerable length, and Judge Donohue has now rendered his decision, granting the motion and directing judgment for the Erie Company in each case. : X & Col. Sharp, who is at this place. road, is making all preparations to push to [ileticin this division as far aa Gauloy, where it will conwith the Chesapeake Ohio Road.'' have been removed to \ head of tlie & I . ! — A press dispatch from Phila "There was a secret meeting yesterday of ieneral Mot tgage Bondholders' Committee of tlie ReadinK road at the oftiee of the company, in Fourtli Street. ily $."). 000,000 of the general mortgage bonds held in New The con1;, and |!!,()00.000 in this city were represented. ition lasted until late in the afternoon and it is underst<X)d i'liilrtdelphln 'Ilia, Dec. !!0, & Readingr. said : I large New York interests positively agreed to co-operate tlie I'hiladelphia committee. This presents a solid front .hlersof liet ween $7,000,000 and «i8,000,000 of bonds who hereafter act in harmony, and it is expected that before •nd of the week several millions more will be added to the The men present at the conference declined to give any imation as to the line of policy agreed upon, except to say they were unanimously agreed not to accept the plan of le-organization trustees tendering them a 3 per cent bond ((referred stock for their per cent and 7 per cent bonds. I i U. S. Bonds Called.— The Secretary of the Treasury has issued the following call (No. 132) for the redemption of bonds of the 3 per cent loan of 1883: — 1 ittsburgr City liouds. At Pittsburg, Dec. 28, the award ,100.000 of bonds to refund the citj''s indebtedness was e. The bonds were 4 per cents, having thirty years to The Comptroller of the city had a plan to extend some ,000 of the Ixjnds for three years at 4 per cent, so that at nd of that period they could be taken up by the amount h would be in the sinking funds. This was not succeesiiowtvir, and the whole amount of the bonds was awarded I. S. A. Stewart of Pittsburg, his bid being 105 67-100. Among those offering to bids aggregated $15,000,000. ake the whole loan were prominent banking-houses of Phila- me lelphia. New ;uaranteed 4 per cent on the investment. Texas & Pacific.— It is understood that the Court has made he order for the appointment of receivers for the Texa,s Pacific returnable Jan. 9. Apian of reorganization is now in preparation, but it is not exi)ected to be ready before the 9th )f January. It is reported that the income bondholders have lecided to take scrip instead of cash in 'payment of back Bterest for 1882 and 1883, and that the suits against the com)any on that score to compel the payment of cash have been vithdrawn. — & St. Lonis. The following press disfroiy Indianapolis, Ind., Dec. 30 "The Toledo Cincinlati St. Louis Railroad, narrow gauge, was sold to-day under oreclosure of mortgage by Master Commissioner W. P. Fishlack. It was sold two divisions, one from 'Toledo to iokoma and the other from Kokoma to East St, Louis. There vas practically no contest for possession, Sylvester H. Kneeand, of New York, securing both divisions ; the first at a bid it |8OO,0<)O and the second at a bid of $901,000. The road vas bought for holders of a majority of the bonds of the 53,000.000 first mortgage on the St. Louis Division. They repesent s;2,30O,00O of these, and of the $1,500,000 mortgage on he Toledo Division they represent $1,250,000. The purchasers epresent several consolidated interests, which appointed the oUowing committees to represent them in managing their K)ol and securing control of the road Toledo Division J. M. iuigley, John McNab and Charles T. Harvey St. Louis DiToledo Cincinnati is : & m — : : iaion— J. M. Quigley, H. J. Boardman and W. D. Hobbs. Mr. lobbs, of Boston, and Mr. Quigley, of New York, were presat the sale. "The parties represented have made arrangeK^'\t ents for the permanent consolidation of their interests. ConpUdation will be made on the basis of 1 to IJ^; that is, $1,000 'Oledo Division bonds will be equal to $1,500 of the St. Louis Nion. Bonded together on this basis, it is the intention organize the entire system, and doubtless convert it into r'l.indard gauge. The terms of the sale require that within days after the confirmation the purchasers shall pay of the " miiaid purchase money ($85,000 being in hand to-day) a sum ••lent to discharge the Court costs, claims and debts, taxes &c., and the residue shall 1m paid from time to time as he Court may decree. Moses Bradford, a stockholder in the '>ankfort Toledo St. Louis Road, one of the original links , & a the consolidated line, gave notice that he would attack the •alidity of the consolidation, and will institute proceedings to et the sale aside. Among the assets purchased with the road I Tre,vsui!v DErAHTMENT. Office of the Secretarv, ? Washisi;ton, D, C, Deo. 29, 1485. J virtue of the auiho ity conferred by law upon the Secretary of the Tri ».siiry, notice isherelir siven that tlie piincipal ami accrued Interest of tlie lionds herein btlow desiu'iiated will lie paid at the Treasury of the Uuited States, in the city of Washington, D, C',, on the l.st day ot Feljraary, 1886, and that the intere.'<t on said bonds will cease on that day, Ky j viz : Throe per cent lionds issued under the act of Conjiress »iii>roved July 12, 1882, and iiunilicred as follows: .$60—Orighial No. 299 to orisinal No. 303. both iucluslre, and original to original No. 1367, lioth inclusive. ,'flOO— Original No. 2,166 to original No. 2,204, both inclusive, and (irii;inal No. 9..=i64 to original No. 9,863, both inclu.sivc, *.i00— tigiiial No. 1,076 to original No. 1,090, both inclusive, and ijii-inal No. 4,049 to original No. 4,200, both inclusive. $l,000-OriKinai No. 9.7H7 to original No. 10,012, both inclogive, and cirigtnal No. 23,0 1 to original No 23,547, tioth inclusive. $10,000 -Original No. 17,401 to original No. 18,364, both inclusive. Total, $10,000,000. The bonds described above are either Ijonds of the "original" issue, whicli have but one serial number at each e'ld, or "substitute" bonds, which may he liistinguished by the double set of numbers, which are No 1314 I — The Pullman Palace Car Company has Pill 1 man Palace Car. ecei ved from the proceeds of tlie sale of tlie West Shore Railway ^T,067,412. This was a portion of the investment of that comMiny in the car equipment of the road, which now comes into York Central. The car company .he possession of the ilso took .$1,500,000 of new West Shore bonds in jiayment of oiling stock held under car trusts. This latter represents a latch 23 . niarl.'i'd plainly "original numbers" and "subiititute numbers." Ail of the bonds of this loan will lie called by the original nutnbera only. The three months' interest due Feb. 1, 1886, on the above-described bunds will not be [lald by checks forwarded to the holders of the bonds, but will be paid with the principal to the holders at the time of pre- si-ntation. Many of the bouiis originally included in the above nuuiliers have en transferred or excluingcd into other denominations on "waiver," the original tiumhers being canceled, and leaving outstanding the apiiarent amount above stated. The provision of law governing the order in ivhlcli the bonds shall be called in is as follows The last of the said bonds originally issued under this act, and their substitutes, shall lie first called in, and this order of payment shall l>e followed until all shall have been paid." Bonds forwarded for redetuption should be addressed to "The Secretary of the Treasury, Divi-ion of l^oaus, Ac, Washington, D. C," and all the boEds called by this circular should be assigned to the "Secretary of the Treasury f. r redemption." Assignments must be dated ana properly acknowledged, as prescribed lu the note printed on the hack of each bond. Where checiis in payment are desired in favor of any ene but the payee, the bonds should be assigned to the "Storetary of the Treasury for redemption for account of (here insert the name of tlie person or persons to whose order the check should tie made payalile)." Daxiel Mas.mng, Secretary. Wahash St. Lonis & Paciftc—The Master's report in the Wabash case, looking to a final decree of foreclosure and sale, will be presented in the United States Circuit Court at St. b( Louis next Jlonday. The Master reports outstanding certificates of the receivers and interest amounting to $1,341,414, and floating indebtedness amounting to $1,237,480. The gross amount of undetermined liabilities is placed at $770,000, but it The is expected that the amount wiU be reduced 60 per cent. sale will probably take place early in March. — West Jersey. The West Jersey Railroad and branches report their gross earnings for November as $^5,381, an increase of $2,540 compared with the same month of 1884, and the net earnings $30,702, a decrease of ILSiiO. For the eleven months ending November 30 the total receipts were $1,199,147, a decrease of $37,371, and net earnings $463,084, a decrease of .$38,375. The net income of the West Jersey Railroad, after payment of all obligations and expenses for the eleven months, was $187,331, a decrease of $30,177. West Shore & Ontario Terminal.— Receiver Williams, of the West Shore & Ontario Terminal Company, has notified the holders of the $400,000 of floating debt that he can probably In view of obtain for them 50 per cent in cash in settlement. the fact that any attempt to collect their claims by action adverse to the bondholders would involve " expensive litigation, with at least doubtful results,"' he advises the prom, t acceptance of fifty cents on the dollar. THE CHRONICLE. 24 Xhe ^omnxjeraal 'gimts. COMMERCIAL EPITOME. XUI. [Vol. COTTON. Thursday, P. M., December 31, 1885. The Movement op the Ckop. as indicated by our telegrams from the South to-night, is given below. For the week ending evening (Deo. this 31), the total receipts have reached 196,860 bales, against 208,981 bales last week, 238,011 bales the previous Thursday NiaHT, Dec. 31, 1885. week and 248,134 bales three weeks since; making the total been not has it review under week is Although a hohday receipts since the Ist of September, 1885, 3,583,005 bales, against without incidents of importance to the mercantile commu- 3,691,516 bales for the same period of 1884, showing a redemption of Federal bonds to the in sterling exchange BufBcient to check the export of gold, have quieted apprehenFrom these causes and from the imsions of dearer money. decrease since September proved prospects of trade there is a disposition to hold property with more firmness, speculation for the rise developing some strength. Notwithstanding the reduced cost of living, efforts toward higher wages are still made in various sections. The season is bo mild as to cause some depression in the coal New nity. A amount call for the of 110,000,000, and a decline trade. Nearly all the Exchanges will be open for business Saturday. The only important organizations which adjourned from Thursday the Slst to Monday the 4th are the Cotton Exchange, the Coffee Exchange and the Naval Stores & Tobacco Exchange but it is not probable that much business will be done on those exchanges which are open. The speculation in lard for future delivery has at times been quite active during the week under review, with prices showing an upward tendency, and to-day there was a further advance, closing this afternoon at 6 '400. for January, 6 -ioc. for February, 6'51c. for March and 6o8c. for April. Lard on the spot was also active and advancing, and tne close is steady at 6-30@6 35o. for prime city, 6-40@6'45c. for prime Western and 6'65@6-70c. for refined for the Continent. Pork, though Beeeiptt at— rather dearer and closes firm at f 8 2o@ $9 for extra prime, $10 @|10 25 for mess, $10 75@|1 1 for family and $12@ $12 50 for clear. Cut meats have been steady and more active is at the recent decline; pickled bellies close at i^@5ygO., with pickled hams 8@8J^c. and shoulders 4,5g@4J^c. Smoked ham-i quoted Q}4@\0c. and smoked shoulders 55^@554c. Beef is steady at $10 lor extra mess per bbl. and $l7@$aO for India mess per tierce. Beef hams are easier at $16 50@$16 75 per Tallow closes quiet at 5c. Stearine is steadier at Bfjc. bbl. Butter is dull at 24<a37c. for creamery. Caeese has been firm but quieter at 6@10^c. for State factory. Rio Coffee has been duU on the spot throughoui' the week, and prices close unsettled, with fair cargoes quoted nominally at 8}4@8%o., but there was a better business in mild cargoes, the sales including a cargo of Maracaibo at a private price. The speculation in Rio options has been dull at drooping vahus. and the close this afternoon was with sellers at C'65o. for January, 6'75c. for olarch, 6 85c. for May and 7 05c. for Raw sugars have bten generally quiet, but st October, times there was more doing, and the close is steady, with fair refining Caba quoted 5J^c. and centrifugal 96-degrePS test, 6'6-U(a.Q^r., with refined rather firmer at 7^@7%c. for crushed. Teas has been quiet. Kentucky tobacco has been active during the month of December, the sales aggregating the Urge total of 14,223 hhds. mostly to home manufacturers, bur wuh speculative views, and the close is with a fxir dema d at 5^@6^c. for lugs and 6J,^@12c. for leaf. S^ed lea' this week has been , 1885, of 108,451 bales. Tua. 7,624 Wed. Thurt. Fri. Total. 2,693 2,087 1,989 19,117 Orleans... 33,351 13,897 23,438 9,320 86,294 15,000 3,001 21,716 Galveston 4,724 Indlaiiuia, Ae. Mobile Florida 6,644 3,166 1,262 «,288 3,023 Savannah 5,731 5,485 3,972 3,444 3.001 3,084 Brunaw'k, Ac. Charleston Pt. Royal, &o. 3,500 165 1,200 2,450 1,688 2,564 ^ 470 256 181 263 396 100 s 165 tt 5,211 2,240 2,924 2,663 2,967 1,678 818 437 854 653 818 324 4,187 1,049 l,0t4 Moreli'd C.,&o Norfolk We8tPoint,cS[C New York 905 200 Wilmington ; quiet, 1, Hon. Sat.* Baltimore PUladelp'a, &e. 194 ' 581 ti 1,270 165 1,292 5,051 1,028 16,581 12,681 4,493 2,686 1,028 159 665 919 830 442 180 200 11,402 132 week 63,291 38,916 39,963 23.687 31,003 196,860 Includes Friday, December 25. For comparison, we give the following table showing the week's total receipts, the total since Sept.l, 1885, and the stock to-night, and the same items for the corresponding periods of last year. Totals this 1885. Beeeiptt to Dec. 31. Week. 19,117 tlalveatou Ind'nola,&o New Orleans. UobUe Florida Br'8w'k,&o. Oharleston... Pt.Royal,&o Wilmington. M'headC.&c Norfolk W.Polnt,&c, New York... ... PbUadel'a,<&o Total This Week. 538.8 2.T 10s579 781 3rt3 ,139,717 61,576 12,110 157,328 35,743 568.857 11,598 Savannab Boston Baltimore 1884. Since Sep, 1, 1885. Tliie 378 207 8,775 362 76,566 4.189 366.231 179,719 32.525 35,774 13,434 14,493 1,<.60 1885. 1884. 389,245 9.749 93,698 ,103,959 396,914 51,506 102 123,564 180,028 60,513 012.430 1,853 18,107 114 9,511 Stock. Since Sep. 1, 1884. 53,086 18 419,940 54,300 4,689 87,612 8.741 441,579 4,701 83,199 8,102 439.854 240,142 22,859 53,586 6,955 20,874 3i0 19.073 8,75H 3,394 3,714 800 2,120 104,562 471 12,061 58,476 55,309 3,695 234,071 6,310 33,925 12,350 '57,737- 1,070 15,258 7,027 213,633 6.310 25.498 11.113 196,860 3,593,065 l.':4.0"5i3,691,516 1.131,533 1.015.767 In order that comparison may oe made with other years, give below the totals at leading ports for six seasons. Beeeipla at— 1885. GAlvest'u.&o. New Orleans. 19.117 86,294 15,000 21,716 11,963 1,435 16,581 12,681 12,073 Mobile Savannab Ac Uharl'st'n, 1883. 1884. 10,972 61,876 12.110 18.107 9,873 1,410 19,073 8.759 11.895 1881. 1882. 14,916 52,227 6,255 11,615 6,682 3,283 14,910 9,667 21,057 39,524 78,457 10,474 20,822 15,981 3,543 28.008 5,362 22,349 we 1880. 14,295 47,721 7,127 22,919 8.077 2,9^8 12.930 3,746 32,626 19.071 32,657 9,166 12,717 6,813 rather quiet and the salts are only 817 cases, as follows: WUm'gt'n, Ac 976 150 cases 18S4 crop, Pr-nnsylvaaia Havana, 9@123^c.; 100 Norfolk 14,129 cases 1884 crop. Pennsylvania seed leaf, 8@llc.; 150 cases 1883 W. Point, &c. 3,944 crop, do. do., 7@103^c.; 100 cases 1881 crop, do. do., 7@llc.; A.1I others 11,262 117 cases 1883 crop. State Havana, private terms; 100 cases 1884 crop, State Havana, 9J^@llc. and 100 cases 1884 crop, lot. this w'k. 196,860 154,075 140,012 224,997 152,429 110,735 New England Havana, 13@25o.; also 350 bales Havana, 60c.@ Blnoe Sept. 1. 3583.085 3691.516 3556.962 3686,459 3385.542 3564,834 $1 05, and 150 bales Sumatra, |1 20@$1 60. Giilvcston neliides I idiuuola; <;liarl03tc n incliidt. s Port E Dval. Ac: There has bepn less activity to the speculation in crude Wiliuiugtun includes Moreli'd City,&c.; West Point iucludes City Point.Ac. petroleum certificates, and prices have declined, closing this The exports for the week ending this evemng reach a total afternoon at 8S,'4@88%c.; crude in bbls. quoted at 6?i^@7i^c.; refined in bbls. at 7^ic. and in cases 8^@10c.; naphtha, of 87,780 bales, of which 58,498 were to Great Britain, 10,088 to France and 19,191 to the rest of the Continent. Below are 7Ja@Sc. Spirits turpentine was dull and drooping, closing •nus-ettled and nominal on the spot at 37^0., with futures un- the exports for the week and since September 1, 1885. settled and nominal. Rosins are dull at $1 02>^@|1 071/ for Week BnMnt Dec. 31. Trom Sept. 1, 1883. to Dec. 31. 1885. common to good strained, but fine grades are more steadily Exported to— Exported to— i Exportt held. On Exchange to-day pig iron certificates were firm and fairly active at $18@$18 75 for future delivery and tons sold for 600 March at $18 12"^. Tin steady at 20'50(a 20-70C. on the spot, and 20-45@20'55c. for future delivery. Tm the Metal plate dull, with sellers at 4*45c. Ingot copper strong at 11-50 @ll-70c. for Lak«;, and 10-45@1050c. for Baltimore. Lead is easier at 4'52i^@4'67)^c. for domestic, with foreign nominal Spf Iter dull, with buyers at 4J|c. for domestic. Grain shipments have been only moderate, and rates have been weaker, closing with 2-Y@8d. the nominal rates to Liverpool, and 3?4'(j|4d. to London; and 9c. paid for Amsterdam and eOpf.toKoiterdam; also 4s. per quarter to Cork for orders Petroleum ch-irters have been fairly active, and late business include crude to Mxrseitles at as. 6d., refined, Philadelphia to •'.f°'l'i'i^°'^'^*''"P> a<rit^?^?^'r^ 8 Jelphia to Calcutta at 18c, 2«- S'^"^-; also, cases Phil- Great from— I Brtt^Wrance CotM-\ Total „,„(_ ^^^_ | dalTeston 11,860 1.226 New 19.831 6.785 Continent. lotaL 18.585 173.261 13,818 ~49,238 236.815 80,716 317.080 153,2^2 219,201 689,003 I Orleans. Qreat Britain. France Mobile lO.iin 10,621 Florida Savannah .... Oharleston .... Wilmington... Norfolk West Point... Now York Boston Baltimore .... fhlla<lelp'a.&c Total Total 1884.. 905 8.385 8,885 ; 5,970 1.300 2,205 58,688 6,200 184,80-2 286.1172 17,317 l^.-SS? 11)3,290 11,889 37,(151 11,507 11.507 3.J18 8,216 20,295 11.123 179,873 46.974 20.189 2.676 SSsO 980 44.77rt 1.636 1.883 1.383 18,873 7.743 2.676 1,173 117.7-29 58.498 10,088 19.194 107.802 17.220 36.556 181.678 1.375.708 210,6101 87.780 1.101.989 ^12.409 12,750 93,895 40.810 117.729 33,013 295,1'57 834 4-;,.jiS 7.733 64.111 1.801 20.074 703.3C0 2.017.698 707,783 ii324,00l Janoaky THE CHRONICLE. 2, 1886.] In addition to above exportB, our teleRraniM to-niKht also give us the following amounts of (-otton on ahipboard, not cleared, We adil similar tigurex for New York, at tho ports named. which lire proi)an'd for our 8))ccial use by Memtra. Carey, Yale ft Lambert, 80 Bruad Street, Ok daily market, the prices of sales for each month each day, the closiuK bids, in addition to the daily and total sales. til Srtal Britain. Other /yanee. Ooait- ?? None. None. 86,164 58,193 35,899 22h,071 00,914 60,694 26,448 245,569 885,969 34,S16 51,073 12,663 253,695 197,170 762,072 1,071,900 34,172 None. None. 17,646 None. 5,900 1,500 1,088 2(',100 .•»,400 6,620 10,851 16,432 6,000 7,000 None, None, None. 1,128 2,000 1,000 1,,V50 Total 188S. 121,667 se^Teo 42,899 21,775 Charleaton Savannah OalveotoQ Norfolk New York Other porta Total 1884 Total 1883 163,617 111,101 Bl\ 291,810 39,106 105,304 15,400 16,550 37,400 35,505 19,410 8,000 8,000 48,939 11,100 8.8SO 6,400 16,946 NewOrleani.... Mobile Stock. Total. trite. and r SMfiboard. not eleartA—for Leaving AT— Dec. 31, 26 4,5<17 4,300 1,800 10.221 88,(il3 During the early part of the week under review, the speculamarket was quite depressed in tone, and on Tuesday values had receded to about the lowest figures of the season but it was then reported that notices for delivery on January contracts had been general, A quick advance took place, on a heavy demand to cover contracts, and the Bull party showed rather more confidence in buy Yesterday a better ing but the demand was not sustained. report from Liverpool caused a renewal of buying from the " Shorts,'' but did not to any extent bring forward purchasers for the rise, and the dealings relapsed into dulness. To-day, on the eve of a new year, with the exchange to be closed till Monday, the 4th of January, and Liverpool rather firmer, there was a slight advance, which was well supported to the close. Cotton on the spot was quoted l-t(5c. lower on Tuesday, tion in cotton for future delivery at this ; ; when some business for speculation was reported; but the regular trade, whether for export or home consumption, was very dull. To-day the market was quiet, and prices nominally unclianged, middling uplands closing at 9 3-16c, The total sales for forward delivery for the week are 338,600 bales. For immediate delivery the total sales foot up this week 1,638 bales, including for export, 933 for consumption, 70.5 for speculation and in transit. Of the above, bales were to arrive. The following are the official quotations for each day of the past week. — — • UPLANDS. Ortln'y.l^a. Strict Ord.. ^4' 89,8 1 8% 8^ 8% 9 9 w 2o'8 9»1B Midd'g Str.L'w Mid Middling... Sood Mid.. 0«l Mid Midd'g Fair Str. i a ao W 99l8 I OnUn'y.yti BtrlotOrd.. Good Ord.. G'd Ord Midd'g Low I 69lB 7 7'Sie 8% 8% 6% 9\ 9% 715,8 -38 8% 9% 10 1038 11 1038 11 10«8 11 Str.L'w Mid 9 9 MUldliug... 9'i« 93ia Good Mid.. »»18 9". 8 Btr.'i'dMld 9>»it »'3l« Midd'g Fair 103,8 103,8 F»lr 1015,, loi3,e 938 I 93,8 938 »38 9% 9\ STAINED. Good Ordinary BtrlotOood Ordinary... Low Middling Middling 8>e 89,8 9% 10 1038 1038 11 11 103a 11 Sat. mon; Tneal Wed Tb. 638 6:^9 638 7''e l> 7^8 7iifl 7 '8 858 8»8 7')8 778 8»8 638 71 18 HABEET AND ! Frl. CliOSSD. jhit.. lion. D'llAe'sy,ii8dc. IMS. Wed. Than Fri. Quiet (Jiilet l>ull Con- port, tump — and steady me Spec- Tranul'l'n tit. Total. Hoi Iday. 409 177 705 Hoi ... 933 "409 C*- CO coco ^ oco a o ^ s XQO acc : too 1 QDO OP toco ^ ** or CD Oct. trio *l m ' < » : 1 o o no OS coco (XiX O -JO, OD f 50 5 % 2 ccx 2 (Xtf. C;.Ot OtO ou: ccceb» I 7051 .... ^ »«: COCOCCD ©CD crcff I-- <j: coco 0)0) < » an* • 1 S» 05 C» Om CO CO COCO o OOOob CO 01 o o (Do® ci: 1 oco »,*: CD « to: 9- : I « : I «: : COCOo® ^ffiOCi XX 03 Frl. I HoU- I « I « o I day. CO . : gco 8»8 F17TUKBR. DelitBales. triti. "»3,tiool "ioo 882 111,700 199 96,800! 148 36,500 100 100 .... idftv* daily dvllTenea given above are aotuoUy t» Miat on wuion they are reported. prenoBs CtJCibOcD to cecoo'? CO COOCD 1 199 148 . Total. totoow SALES. SALKS OF SPOT AMD TKAHBIT. Ex- I 5 9 '^ I The total sales and future deliveries each day during the week are indicated in the following statement. For the conTenienoe of the reader we also add a column which shows at a glance how the market closed on same days, SPOT MARKET o to » w. ,^tc 938 9?» 10 I toco ccab 8>6,e 93,8 10 Holiday, Sti: dbojCob 7»ie 8l8 8»18 10 103e 11 ^^Ib, I 9% 10 81«„ I COO'S tec-. 10 l> CO 0.01 • <i <1-1 •.>!: Gcab 938 10 8J8 89.8 , *-*- Si!" 938 o •* X tCCDo^ 89, 8l<,. n o-i ** 8>e 1038 11 COM 8^ Th. Prl. ,Wed Th. FrI. IVed Th. 6»18 6% 6% 6% 6!li 73,8 8Ja 8»,8 CC<£> Mon Tnm 63l 7^,8 93ie 938 914u Wed Sat. 8",e 103, 103,, 1013,, 1' •".a Fair Str. 6\ 7>B,e Good Ord.. OM Ord TEXAS. mon Tnes Sat. 69,8 6»,e 8tr. Low UTEW OELEAN8. moniTues Sat. Dec. 31. 1,638 338,600 delivered 600 the day The Sales amd Prices of Futures are shown by tlie follovrng comprehensive table. In the statement will be found the I I «: I I I : I l«: I l«: : I I I ^ : I: * Includes sales in September, 1885. for September, 130,200 ; Beptember-October, lor October, 301,700 September-November, for November, 416,400. or" ^B hare Included In the above table, and shall oontiane each week to give, the average price of futnrea each day for each month. It will be found under each day following the abbreviation " Aver." The average for each month for the week is also given at bottom of table. Transferable Orders— Saturday, Monday, 915o.; Tueada^, c.; 9-200.; Wednesday, 9-20o.; Thursday, 9-25c.: Friday, e. Short Notices for January— Wednesday, 915c.; Thursday. 9'16»9'17o. ; The following exchangee have been made during the week: •11 pd. to •11 pd. to 45 11(1. to •09 pd. to •23 nd. to •45 pd. t« •11 pd. to •11 pd, to excU. 100 April for May. eicb. 900 Jan. for Feb. excb. 100 Jan. for May. excli. 100 June for July. exoh. 1,300 Jan. for Mch. exoh. .=>00 Jan. for May. exch. 500 Feb. for Mil). exch. loo April for May, •22 •10 •03 •10 22 09 09 to exch. 100 Jan. for Mch. pd. to excli. 500 Jan. for Feb. pd. to exch. 500 Jan. for July. pd. to exch. 1,500 Jan. for Fell lid. to exch. 200 Jan. for Mch. pd. to exch. 500 Jan. for Feb. A. toe^eh, 1 ,000 J une for Jul; pil. THE CHRONICLE.; 26 The Visible Supply of Cotton to-night, as made up by cabls as follows. The Contmental stocks, as well ae those for Great Britain and the afloat, are this week's retiuns, and consequently all the European figures are brought dowr to Thursday evening. But to make the totals the complete figures for to-night (Dec. 31), we add the item of exports frcir the United States, includmg in it the exports of Friday only. and telegraph, is 541.000 17,000 1884. 604,000 47,000 1883. 679.000 56,000 558.000 3,600 34,CO0 32,000 651,000 6,C0O 36,500 3S,000 735,000 2.000 59,500 46,000 80O 3.500 125,000 7,000 45,000 10,000 1885. Btook at Liverpool Btook at London bales. Total Great Britain Btook Btook at Hamburg Stock at Bremen Stock at Amaterdam Stock at Rotterdam Stock at Antwerp StockatHavre Stock at Marseilles Btook at Barrtelona Btook at Genoa Stock at Trieste XtotBl Continental stocks 800 700 2,700 135.000 4,000 46,000 8,000 4 ,000 3,000 187,000 4.000 38,000 6.000 5,000 270,100 324,200 82»,100 Total European stocks India cotton afloat for Europe, . .".0,000 Amer'ncotfn afloat for Eur'po 479,000 35.000 Egypt.Brazil.AcafltforE'r'pe Stock In United States ports. 1,131.538 Stock In U. B. interior townF.. 494,449 40,63!) United States exports to-day.. Tn*>sl Visible 1882. 1,400 3.100 800 145,000 8,000 3,900 42,000 9,900 6,200 306,800 242,600 975,2C0 1.041,800 1,035,600 100,000 129,000 67,000 650,000 566,000 653,000 69,000 43,000 45,000 958,555 1,015,767 1,269,070 343,010 370,801 326,286 37,0C0 25,000 12,000 Of the above, the totals of American and other descriptions are as f oUov a: Avtenean— _ ^„ .bales Liverpool stock Continental stocks American afloat for Europe... 409.000 191,000 479.000 417.000 205,000 653.000 443,000 220.000 566,000 1,131,538 1,015,767 1,269,070 United States stock 326,256 370,801 United States Interior stocks.. 494,449 12,000 25,000 40,639 CnltedStatesexportsto-day.. Quotations tor Middling Cotton at Other Markets.— In the table below we give the closing quotations of middling cotton at Southern and other principal cotton markets for each day of the past week. 0LO8IN8 QCOTATIONS FOB MIDDLtNO COTTON Week ending 3,058,726 3,094.253 3,444,671 3.193,165 supply The receipts at bales more than at the same period last year. the same towns have been 33,8,57 bales 7nore than the same week last year, and since September 1 the receipts at all the towns are 415,368 bales more than for the same time in 1884, 710,000 83,000 793,000 4.300 25,700 44S.000 148,000 650,000 958,555 343,010 37,000 [Vol XLII. Dee. 31. Galveston Satur, . . New Orleans. Mobile 8=8 Savannah . . Charleston . Mon. Tuet. Wednet. Thnrt. S34 8»8 8=8 89,« 8% 8% 359 8% 868 89ie 89l. 83j 88s 89,« 8% 813,8 8% 813l8 8% Norfolk" Boston Baltimore.... Philadelphia. Augusta 938 9 9'16 8»8 8»9 81118 8 '8 98B 936 8»8 Memphis 8t. Louis .... Cincinnati . . Louisville 8i',« 8^ 8% 8"ie 9S8 97„ 97,, 8»l<i®=8 69,6 858 8^8 9% 8% 8% 8% >, s a S » 9»9 9 8=8 8'8 Fri. 8=8 93e 9 89Kai>8 8% S's fi'is 89,8 8»8 811,0 ON— 9 89,6 89,8 8=8 8'e — Receipts from the Plantations. The following table indicates the actual movement each week from the plantations. The figures 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 finally reaches the market through the outports. RECEIPTS FROM PLANTATIONS. Wetk BnOtnt— JUcetpU at (he PorU. 1883. I 1884. 1885. \St'k at Interior Tbwm. 1884 1885. 1883. | | | Ree'pta from Plant'ru. 1884. I 1886. I 2,745,626 2,629,053 2,893.871 2,581,535 Total American Matt Indian, Sraeil, tie. liverpool Btook London atock Continental stocks India afloat for Europe EfO'Pt, Brazil, Aco., 132,000 17,000 79.100 50,000 35,000 afloat 187,000 47,000 119,200 67,000 45,000 236,000 56,000 86,800 129,000 43,000 265,001 83,000 94,600 100,000 69,00f 313,100 465,200 550,800 611,6C0 2.745,626 2,629,053 2,893,871 2,581.565 Total East India, aec TotalAmerioan 3,058,726 3.091,253 3.444.671 3,193,165 Total visible supply 5i6,,.d. 5iii6d 6d. 4i3i,d Price Mid. Upl., Liverpool.... 11 ^so. lOOso, lOHe. Price Mid. Upl., New York.... g^iec. ^y The imports into Continental ports this week have been 83,000 bales. The above flguree indicate a decrease in the cotton in sight to-night of 35,.i27 bales as compared with the same date cf 1884, a decrease of 38.5,945 bales as compsjed with the correEponding date of 1883 and a decrease of 134,439 bales ss tioy.i1 Dec. 4 " 11.. " •• " 18 24 31 222,1.'5 2S4.6!i2 259.985 374.584'Z97,133'3J0,405 feST.COl .i-'2.886'291.089 .. 265,481 278,300 242,797 386,477 316,0'.U, 382,627 5277,39- .335.186 885,019 281,163 289,457|248,13-l'410,249'335,45l|434 .343 i304,932 .108,888 '29»,SS0 247.733 258.340 218,011 423,fj77|363,866|481,239 281,064 288,756 1284,807 801.6S6 207,893'20S,98l'422,310 383.520 521,319 200,410 207,517249,061 140,912 154,075 19a,a«o'407,H74l349.4'-8 543,557'l28,278 140,043 219,093 — The above statement shows 1. That the total receipts from the plantations since September 1, 1885, are 4,110,773 bales; in 1884 were 4,033,789 bales; in 1883 were 3,915,780 bales. 2. That, although the receipts at the outports the past week were 196,860 bales, the actual movement from plantations was 219,098 bales, the balance going to increase the stocks at the interior towns. Last year the receipts from the plantations for the same week were 140,043 bales and for 188? they were 126,276 bales. — — Amount of Cotton in Sight Dec. 31. In the table below we give the receipts from plantations in another form, and add comuared with 1882. to them the net overland movement to Dec. 1, and also the AT THE INTERIOR TOWNS the movement that is the receipts takings by Southern spinners to the same date, so as to give for the week and since Sept. 1, the shipments for the week, and substantiajly the amount of cotton now in sight. the stocks to-night, and the same items for the corresponding — period of 1884 — is H O SS3-; ".: WtO top C w f cs in h- <i I-* »a;-j fi^-^i* ,^'i'c**5"i-'|3*^ C OS «-0DQO 00 M W O O ^ COtO wlo C» btj H- MO'J3 0^owo©CMO^a»ooo-jaj C7t )-• CP^Mj-3<I 1883. 1882. Tot, receipts from planta'tns 4.110,772 4,023,789 3,915,780 4,053,621 Net overlauil to December 1 .. 341,137 227,855 261,252 244,112 Southern conaumpt'n to Dec, 1 89,000 78,000 87,000 90,000 nt. . Northern spinners' takings to December 31 4,540,909 4,329,644 4,264,032 4,387,733 889,933 683,161- 908,913 808,34,5 **^ -jsooMOtwcocc;i;»->i'^ootcico *.;^C;»tO;-l *k 1884. Receipts at the ports to Deo 3 3.583,065 13,691,516 3,5o6,9()2 3,6e6,459 Interior stocks on Deo. 31 In excess of September 1 527,707 332,273 358,818] 367,162 Total In sight December 31 ^ g 000>^Ctooo oocccocavt U M 1^ M H* M 1885. set out in detail in the following statement. C CSOD X ^ o <J w be seen by the above that the increase in amount la sight to-night, as compared with laat year, is 211,265 bales, the Increaea as compared with 1883 is 276,877 bales and the increase over 1882 is 153,176 bales. It will Weather Reports by Telkoraph.— Our telegraphic re- from the South to-night show that there has been but O5|M^t0<I0SWIU<y«W00-J0DXCQMI0OO little rain during the week and nothing to interfere with the free marketing of the crop, M*- CC W MM WW 1^ t^ t^ )^ z^ Galveston, Texas. It has rained on one day of the week, oi^*-GDaoa*-iMMOiM Vtc cocuVioto C'OOOy^J'CdOCCCCiWWrfi^OCCtOtO'X the rainfall reaching ninety hundredths of an inch, Average 00*^100 ccvt ectouDOCJOMOOo-iOMiocooioo-j thermometer 59, highest 66 and lowest 50. MM Indianola, Texas.— Vfe have had rain on one day of the O ^W c;fMto 10)^ <0 C^MpCflkCM; pccMtoaiMaftoop; mjs-qdodio^^om week, the rainfall reaching fifty-six hundredths [of an inch. ccViljcDwWlocwp' COMWOeOUiWO ODrcccntowcCKio; Knouo-ooo^cn WW The thermometer ranged from 50 to 60, averaging 50. Falestine, Texas.— It has rained on two days of the week, the rainfall reaching one inch and eleven hundredths. The Mp MM 03 M MOO MO M thermometer has averaged 53, ranging from 39 to 08. DecemMHftOi MM 00 ifktCMOXM-lM M Ol O <1^ O' CO fls"o MCCO^lkCOO C <laOCCCDCaV«>it>>UAibMOOCMOMM ber rainfall six inches and sixty-nine hundredths. « O M <i a M M M «i X O O ^ X o W O M w ^ew Orleans, Louisiana. It has rained on one day of the week, the rainfall reaching twenty-five hundredths of an C9 MM i^tSCO MMM MOi w^ inch. The thermometer has averaged 60. ^ppXM<lA QOCO COXyOCp *• M a *. Xp;4 M 01 »^ *» COM COM <i « p X rf*-* MO X o^ba Vmo Shreteport, Louisiana. Telegram not received. M M W Oi CS M«t MO««WOMXMiMnyiM^O»S O* MO -^ ecu CO oi 1^ ^ 01 *q o: X c w w 1^ S o *I Columbus, Mississippi. Telegram not received. Leland, Mississippi.— Telegram not received, wo Little Rock, Arkansas.—The weather has been fair to clear MOS MCOCOCflrfkCO M®XCiOC0M on five days of the week, and cloudy with rain on two days, MX «^^JWi)i-OOlCOMtDCOCOO)MM out ^ M X O O W X M © to CD -^ the rainfall reaching eighty-five hundredths of an inch. The thermometer has averaged 46, ranging from 29 to 63. During £ M M the month of December we had rain on six days and the rainW M pco 10 UACOOOAX fall reached three inches and seventy-four hundredths. The O it>MMC;iCOtOM to ^^i»«jo;xxM thermometer ranged from 19 to 66, averaging 45. During the year 1885 rain fell on ninety-six days and snow and sleet on * Thl.!) year's figures estimated. nine days, the rainfall reaching thirty-five inches and fiftyThe above totals show that the old interior stocks have eight hundredths, the highest rainfall for many years. Aver*«er«a««(i during the week 83,563 bales.and are to-night ^^ 16?,168 age thermometer 60, highest 98, lowest 31, Ij;^ ^a U03«>t->-^a>tDM^>Xi;^;OOQOO<>-'tO^»- y~t t-t ports — I — — — ' Jfc il* '.O *». (** I I I -Kj »(*. Januauy THF 1880. 2, f'TIIJO.VlCLE. Helena, Arkansas.— H has mined on two days and thi> remaiiider of the week \\:\n boon ploiuunt. The rainrall rc.ichod The thernioinctcr hug eighty-one hundredths of an inch. ranged from 28 to 04, avernKinx -14. Rainfall for the uiuiith of r)( Cf-niiier Ihrof inrhea (intl twenty-two hundredths. — ^Wo liave liad ruin on twod:ivsof All in/i/iis, 'I'eim^siiee. wi'ik, the nuiifiill reaclilntj llfty-nlnc hundredths <if an The above totals for the week show that the movement the ports other than Bombay \» H,.^00 bales /cw fK.n week lattt year. For the whole of India, theref.. ihipients since January 1, 1885, and for the ><< penoda of the two previous years, are as follows: Average thermometer — and the lowest 57. has rained on one day of tho 44, hiRhest 65 ^nshville. Tennennee. It week, tho rainfall reBching nineteen hundredths of an inrh. The thermometer has averageil 41, the highest being (ij and the lowr.st 1889. 1884. tal mg 1883. .Shinmenlt TMt to all Kitrope from— week. Bombay i'i. from ^nme BX PORTS TO BiniOPa FKOM A LI, INDIA. till' inch. 27 17,000 Since Jan. I. Thit week. 733,000 233,000 8.0C0 Since Jan. 1 Since week. I. 231.000 311.000 Jan. 23.000 3.500 1. 1,3.3.5.000 ilohilp, Alabama.— H has been showery on one day of the MI<)tberport«.| 282,000 week, ill!" rainfall reaching forty-nine hundredths of an inch. Total 17,000 06C.O0O 8.000,1.542,000 2.5.500 1,627,000 Tho thermometer has averaged 49, ranging from 28 to 07. During tho month of December the rainfall reached four This last statement affords a very interesting comparison of inches and ninety-nine hundredths, the total movement for the three years at all India ports. 1 I Montgomery, ik/fffeama.— Telegram not reoeivetl. Alexandria Receipts and Shipments.—Through arrangrSelma, Alabama.— It h.is raineil steadily on one d;iy of the week. Average thermometer 44, highest 01 and lowest 35. ments we have made with Messrs. Davies, Benachi & Co., of Auliurn. Alabama. We have had rain on one day of the Liverpool and Alexandria, we now receive a weekly cable of week, the rainfall reaching forty-four hundredths of an inch. the movements of cotton at Alexandria, Egypt. The following We had killing frost and ice on .Saturday and Sunday. The ire the receipts and shipments for the past week and for the thermometer has averaged 45"8, the highest being 68 and the corresponding week of tne previous two years. — lowest 23. MadUon, Florida.— 11 has rained on one day of the week, the rainfall reaching forty-one hundredths of an inch. The thermometer has averaged 44, ranging from 2'> to 09. Macon, Georgia.— have had rain on one day of the i tfTnndria. Bavpt, 1885. Decembtr 30. 1883 1884. Receipts .oantars*)— We This week.... Since Sept. 1 week. 120,000 2.003,000 170,000 140,000 2,052,000 2,193 000 Thie Since Thii Since TMt Sinu Columbus, Georgia.— It has rained on one day of tho week, week. Sept. 1. week. Sept. 1. week Sept. 1. rainfall reaching seventy-ftve hundredths of an inch. Average thermometer 40, highest 48 and lowest 80. Rainfall Gxportg (bales)— 4,000 12»,f00* 13.000 180.f00 13,000 142,000 To Liverpool for December two inches and twelve hundredths. l.tOO 66,000 ro Continent 7,OlO| 70,000 8,000 62,000 Savannah, Georgia It has rained very lightly on tvvo days and the remainder of the week has been pleasant. The Total Europe 8,000 195,OOo! 20,000 250,000 21.000 204,000 rainfall reached ten hundredths of an inch. The thermometer ' Arantarls 98 lbs. has averagf d 49, the highest being 68 and the lowest 30. Augusta, Georgia. The weather has been clear and pleasThis statement shows that the receipts for the week ending ant during the week, with one light sprinkle, the rainfall Dec. 30 were 120,000 cantars and the shipments to all Europe reaching six hundredths of an inch. The thermometer has 8,000 bales. averaged 44, ranging from 23 to 69. Manchester Market. Our report received from Manchester Atlanta, Georgia. — Telegram not received. We give the prioes Charleston, South Carolina. We have had rain on three to-night states that the market is dull. days of the week, the rainfall reaching thirty-six hundredths for to-day below, and leave previous weeks' prices for comparison. of an inch. Average thermometer 48, highest 69, lowest 28. Stateburg, Soxith Carolina. It has rained lightly on one 1884. day of the week and very lightly on one day, the rainfall reaching three hundredths of an inch. There has been ice on three nights. The thermometer has averaged 46-2, the highest being 63 and the lowest 34. Wilson, North Carolina. We have had rain on one day of the week, the rainfall reaching two hundredths of an inch. The thermometer has averaged 44, ranging from 24 to 6.5. The following statement we have also received by telegrajih, showing the height of the rivers at the points named at 3 o'clock December 30. 18^!.:>, and January 1. 1885. j the ! i 1 — i — — — — — New Orleans* ..Above Memphis........ Above Nashville ........Above Bhreveport Above VicksburK Above * Dec. 30, '85 Jan. Inch. 5 Feet. Feet. low-water mark. low-water mark. low-water mark. lo w-wat«r-m ark 13 low-water-niark. 20 5 10 18 5 4 4 7 4 Now reported above low-water mark. Instead of below hleh-water &% prior to October 30, 1835. mark India Cotton Movement rom all Poets,—The receipts and shipments of cotton at Bombay have been as follows for the weet and year, bringing the figures down to Dec, 31. BOMBAY RECEIPTS AND 8HIP.MENT9 POB POUR TEARS. i Shipments this week. Teeir Great ConliBrit'n. nenl. Total. Shii»neHte Tear. Oreat Britain Continent. Receipts. This Total. Week. a total only 3,000 bales greater. Tew: 1885 7.000 10,000 17,000 233.000 500.000 733.000 18.000 i.in.ooo 1884 2,000 6.000 8,000 o3,'>,000 706.000 1.231,000 7,000 1,67,J,000 1883 7,000 16,000 2:i.000]500,000[835.000 1,335,000 30,000 1,786,000 1882 0,000 2.000' 8,0001707,0001663,000 1,460,000 27,000 1,776,000 1 According to the foregoing, Bombay appears to show an increase compared with last year in the week's receipts of 1,000 bales, and an increase in shipments of 9,000 bales, and the shipments since January 1 shew a decrease of 498,000 bales. The movement at Calcutta, Madras and other India ports for the last reported week and since the 1st of January, for two jwrs, has been as follows, "Other ports" cover Ceylon Tuticorin. Kurrachee and Coconada. Shipmctiti/or the week. Oreat Britain. Continent. Total. I. Madras- Jute Butts, Baqgino, &c.—The market for bagging has been rather quiet for the past week and few orders are coming Buyers are waiting until the new year before to hand. placing any large orders, and the business doing is only of a jobbing character. Prices are nominally unchanged, but a sharp buyer could obtain a concession on quoted flgureji, which are 9c. for li^ lbs., 9i^c. for l^j[ lbs., lO'i^c. for 8 lbs. and lie. for standard grades. Butts have been in moderate demand Continent. Total. 17,000 39,000 TT.OOf 1!S,00< 14,000 55,000 5,000 600 in.ooo 55,600 3,i'66 3,5C0 65,000 72,400 72,000 60,000 137.000 132.400 3',5o6 3,»'o6 139,000 211,100 94,000 99,600 233.000 311,000 but spot parcels are neglected, Paper grades are quoted at 1?4@ held at 2<ai2 7-lOc., with sales of soma for future delivery, is quiet. and the market lots at 60,000 84,000 Total ai:- 1885 1884 — East India Crop Prospects. From Bombay to-day we have cable advices which state that the crop is doing well in Broach and promises to be of good quality. Crop accounts are improving in the Btrars, IJgC, while bagging Oalootta1886 1884 1885 1884 All others— 1885 1884 Shy>menti HTice January Great Britain. East India Exports.— We have received this week from Lyon & Co., Bombay, a detailed statement of the exports of cotton from East India ports for the firtt ten months of the year 1885 (January 1 to October 31), showing the total shipments to Europe during that period to have been 893,000 bales. These figures confirm the correctness of our weekly statements made up from cable returns. In the Chroniclr of Octiiber 31 we gave the exports for the season to October 29 as 890,000 bales, and now (two months late'r) we have the mail returns, which cover two days more than our figures and give Messrs. 20 17 3J^@2 is 3- 16c. Comparative Port Receipts and Daily Crop Movement. —A comparrison of the port movement by weeks is not accurate, weeks in ditferent years do not end on the same day of the month. We have consequently added to our other standing tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relati' a movement for the years namsd. The movement since September 1, 1885, and in previous years, has been as follows. as the THE CHRONICLE. 28 [Vol. XLII, Total bales liar Biginning Beptember Monthly Beeeiplt. 1885. 1884. 1883. 1882. Bept'mb'r 383,642 345,445 "343,812 326,656 October.. 1,055,524 1,090,385 1,046,092 980,584 oTemb'r 1,033,552 1,122,164 1,030,380 1,094,697 1. 1880. 1881. 429,777 458,478 853,195 968,313 974,043 1,006,501 2,433,297 2,524,718 2,557,934 i,420,284 2,401,937 2,257,016 Total Fenf tsge of tot. port 41-42 47-81 3990 53-56 4990 reeelpta Nov. 30.. West I'oiNT—To Liverpool, per steamer March, 5,800 Baltimore— To Havre, per steamer Ulunda, 1,450 1885. T0tNT.30 3... " 4.... 5.... " 6.... B. " " 7.... " " 9.... " 11.... " 12... 49,972 41,919 36,266 33,148 46,929 40,180 " 13.... S. " 14.... " 15.... " 16.... 44,303 47,949 32,472 29,762 43.355 37,360 8.... 10.... " 17.... 18.... " 19.... " SO.... 8. 53,026 35,689 29,9f4 43,651 84,643 31,338 8. 56,658 32,675 31,541 37,300 68,828 21,640 B. "21.... 50,879 53,083 31,719 58,940 31.185 32,106 " 22.... " 23... " 24... "35.... " 26.... " 27... " 28..,. 8. 36,319 1883. 1882. B. " 30.... « 31.... 32,561 8. 49,236 46.652 49,583 35,316 52,116 54,967 8. 57,783 40,050 34,347 35,221 58,t65 40,736 8. 44,845 41,367 43,281 30,410 47,064 30,796 40,400 30,603 8. 50,747 40,832 41,373 27,721 55,741 40,286 8. 43.904 34,208 40,107 37,112 63,398 36,531 1880. 1881. 45,560 25,260 26,15B 35.119 45,831 8. 31,591 8. 50,25? 38,039 32,017 35,045 8. 53.011 12,039 8. 42,787 22,724 31,955 50,626 8. 63,166 36,174 29,263 25,055 59,133 41,993 8. 49,869 35,343 39,243 35,840 61,341 45,938 46,558 32,705 24,52a 24,053 43,051 21,548 B. 8. 54,134 31,799 30.136 40,863 47,901 39,377 8. 26,457 27,170 26,647 29,216 48.897 30,316 36.867 51,332 34,006 50,059 30,943 32,913 36,960 51,325 28,929 40,1 It 53,191 27,328 38,916 39,983 23,687 31,003 " 29.... Total 51,576 34,792 31,48S 36,373 69,326 42,484 36,857 29,351 32,235 44,918 39,900 Dec. I... " 2.... " 1884. 2,5.24,716 2,557,991 2,420,284 2,401,937 2,257,015 2,433,297 8. 42,522 30,650 33,332 40,152 49,511 39.649 B. 8. 8. 43,275 37,119 25,775 32,077 59,785 38,090 33,552 8. 23,94c 49,703 26,643 29,021 17,399 35.583 43,338 24,990 43,193 20,709 3,583,065 3,662,205 3,479,937 3,514,473 3,233.822 3,454,099 Fercentag e of total port reo'r ts Dec. 31 76-68 71-75 58-38 63-93 58-30 This statement shows that the receipts since Sept. 1 up ti to-night are now 79,140 bales less than they were to the same day of the month in 1884 and 103,138 bales more than they were to the same day of the month in 1883. We add to the table he percentages of total port receipts which had been receivtd to December 31 in each of the years named. Shipping News. The exports of cotton from the United States the past week, as per latest mail returns, have reached 138,838 bales. So far as the Southern ports are concerned, these are the same exports reported by telegraph, and published id With regard to New York we the Chronicle last Friday. include the manifests of all vessels cleared up to ThurBda^ night of this week. - Total Total bata. Llveipool. per steameTs Alaska, 1,004 Archimedes, l,l-;7.... Bailie, 1,128. ...Mozart, 2,087.... Oregon, 1,216 To Hull, jier steamer Chicago, 831 To Havre, per steamer Normandie, 1,173 Folaria, 1,818 To Hamburg, per steamers Moravia, 410 Westernland, To Antwerp, per steamers Hermann, 1,720 Christ- iana t£ Genoa Bremen Ham- Ant- Sebas- Barce- and Liter- <f . 674 Inlziativa, 487... To Genoa, per steamers Britannia, 100 New Orleans—To Llverjiool, per steamers Celtic Monarch, 831 1,173 2,-i28 2,394 587 Enrique, 4,650 Hajtien, 4,504 Inventor, leis, 3,837 Mureiano, 4,300 Statesman, per ship Warsaw, 4,785 84,624 To Havre, per steamers Dupuy de Lome, 3,287 Kate, persbip Gcralrtine, 4,121 4,850 12,258 To Bremen, per steamer Elsie, 6,939 5,939 To Hninliurg, per steamer Fallodeu, 922 922 To Antwerp, per Bieumer llupuy de Lome. 4,344 4,344 To Barcelona, per fcteamer Maitlu Saenz, 2,458 per bark Marinin S., 2,625 5,083 To Vera Cruz, per steamer Estaban de Ant'jnano, 891 891 Mobile—lo Liverpool, per steamer Ariadne, 3,026 8,026 Bavahnah—To Liverpool, per bark Konoma, 2,870 Upland 2,870 To Genoa, per steamer Grip Fast, 2,119 Upland 2,119 Oharlkston— To Liverpool, per barks Capenburst, 1,814 Upland Lagowa, '2fi72 Upland and 20 Sea Island 4,506 To Havre, per bark Ceres. 1,341 Upland 1,341 To Bremen, per steamer Southwold, 4,663 Upland 4,665 To Barcelona, per barks Barba Azul, 714 Upland Habana, 2,110 Uplann 2 824 BAIVKSTON— To Liverpool, per steamer Nettiuo, 4,327 per barks Moorhlll, 1,5.')3 Solafide, 1,034 Simeon, 2,318. 9 254 To Bremen, per brig Anlna, 816 816 ToCbrlstianii, per bark Palander, 1,475 1,475 To 8el>a«topol, ner steamer Ardanrlgb, 3,300 3300 To Salerno, per bark Messel, 1,350 I'sso WnJiraOTOK—To Liverpool, per barks Hjemmett, 1,391 Wldga, 2,740 .'....' 4131 ToBremen, per bark Insula Capri, 1,475 1 475 KoRFOiJi— For Liverpool, per barks Craigie Bum, 4,191.. . ' Rath Palmer, 3,975. ,„.. 8,i«6 4,397 4,149 3,982 burg. werp. 2,228 6,861 2,394 4,344 Bavre. 6,912 1,173 (few STork. ((.Orleans. 34,624 12,258 3,026 MobUe 2,870 8 tvannah. 4,506 1,341 Charleston. Galveston . 9,254 Wilmington 4,131 Norfolk.... 8,166 West Point 5,800 1,450 Baltimore. 1,084 Pailadelp'a lona. Salerno. topol. 587 5,083 2,119 2,824 4,663 816 4,775 1,350 1,475 1,000 Total. 14,125 64,061 3,026 4,989 13,336 16,195 5,606 8,166 5,800 1,450 2,084 Total... 80,373 16,222 16,045 7,738 4,775 7.907 4,056 138,838 Included In the above totals are from New Tork to Hull, 831 bales from New Orleans to Vera Cruz, 891 bales. Below we add the clearances this week of vessels carrying cotton from United States ports, bringing our data down to the latest dates: GALVESTON— For Liverpool— Deo. 24— Bark Annie Torrej-, 2,025. For Havre-Dec. 21— Bark Velox, 1,22.^. New Orleans— For Liverpool— Dec. 24—Steamer Calllornian, 2,900 Dec. 29— Steamer Norfolk. 5,009. For Havre— Deo 2d— Bark Mauna Loa, 3,571. For Bremen— Dec. 28— Steamer Stag, 2,500. For Barcelona— Dec. 29-Bark Aurorn, ,1800. Savannah— For Bremen— Dec. 26— Steamer Gledholdt, 4,585. For Antwerp— Dec. 29-Steamer Grandholm, 3,800. Norfolk— For Liverpool— Dec. 30— Steamers James Turple, 4,935; Monte R'jsa, 6,575. Boston— For Liverpool-Dec. 21— Steamer Istrian, 2,362 Dec. 22— Dec. 24—Steamer Samaria, 311. Steamer Norseman, Baltimore— For Liverpool— Dee. 26— Steamer Thanemore, Dec. 23— Steamer Peruvian. 980. PHILADELPHIA— For Liverpool— Dec. 29 —Steamer British Prince, Below we give all news received to date of disasters to vessels carrying cotton from United States ports, <S:c. Bedodin, steamer (Br.) at Bremen from Savannah. Six hundred bales of cotton from steamer Bedouin caught lire at the wharf at Bremerhaven Dec. 29, and were badly damaged. The fire was . extinguiaUed. steamer (Br.) Afire broke out in the bunkers of the steamer Mississippi during her voyage from New Orleans for Liverpool. It was soon extinguished, however, and did but little damage. Petriana, steamer (Br A fire broke out morning of Deo. 25 in the main bold of the steamer Petriana. Laws, at Leith from New Orleans, but was extinguished after Hooding the hold. Damage to cotton in main hold considerable. Ryerson, ship (Br.), at New Orleans loading for Liverpool. Three hundred bales of cotton on the levee at New Orleans for ship Ryerson were badly damaged by lire night oi Dee 21. Late on night of Dec. 29 Hre was discovered in the after hatch of ship Ryerson. It has been extinguished, but the extent of the damage will not be known tiutil the cargo is discharged. Ihere were 3,400 bales in MiSBissii'Pi, ) the vessel when the tire was discovered. (Br.), from Baltliuoio tor Havre, at Halifax. A Are broke out Dee. 30 on steamer Uiunda, lyins? at Buwe's wharf. The ilames apreared among the bales of cotton (of which she carried 1,450) between decks, on the starboard side. The fire is supposed to have been caused by spuutaueous combustion, the cotton having been stowed there nearly a fortnight. A few bales were removed, and the burning portion was reached and the tire extinguished. Considerable damage was done by water, some of which reached the lower hold, which was filled with grain. Ulunda, steamer Cotton freights the past week liave been as follows: Man. Tuei. Wtdnet. Thwi. Ki »64 »84 »e4 c. I'sa "S3 "32 "S2 c. .... Batur. Liverpool, steam a. Do Do sail Bremen, steam. .e. Do .... Do sail....e. Amst'd'm, steam.c. Do BaU...o. Reval, steam. ...d. sail if -S ? n -•, 'li '16 % ^ H % .... .... 40* >•• ->•• »32 »S2 c. 732® ^4 Trieste, steam... e. >«a93„ 732^14 l4®93. Antwerp, 8team..c. Per 100 40' 7^ .... n I0e4-'9ei "«4-»9e4 1684-1964 «e4-i9..4 e. Genoa, steam >. •s 40* 40' *>• Barcelona.steam.c. ' • ^18 •?ie saU....r. Hamburg, steam.c. Do Fri sall...(i. Havre, steam 6.912 138,538 particulars of these shipments, arranged in our usual form, are as follows: — New York—To 1,450- 1,084 1,000 The vool. This Statement shows that up to Nov. 30 the receipts at the and porta this year were 33,276 bales less than in 1884 The 104,434 bales more than at the same time in 1883. receipts since September 1, 1885, and for the corresponding period of the five previous yeaxs have been as follows. 5,800 Philadelphia— To Liverpool, per steamer Indiana, 1,084 To Antwerp, per steamer Nederland, 1,000 "64 "64 .... »33 7sjj®l4 ^a^sa "e* *sa 7s2»'4 "4-8933 "84 lbs. — LiVEBPOOL. By cable from Liverpool, we have the following statement of the week's sales, stocks, &c., at that port. add previous weeks for comparison. Wa Dec. 11. Bales of the week ..bales. Of which exporters took Of which speculators took.. Sales American Actual export Forwarded Total stock— Estimated Of which American— Estlin'd Total Import of the week...... Of which American imount afloat Of which Amerloan 45,000 4,000 2,000 35,000 7,000 13,000 425,000 312,000 56,000 42,000 276,000 267,000 Dec. 18. 50,000 3,000 1,000 40,000 5.000 20,000 4^0,000 347,000 123,000 89,000 270,000 261,000 Dec. 24, 41,000 2,000 1,000 32,000 4,000 18,000 511,000 379,000 90,000 79,000 235,000 222,000 Dee. 31. 30,000 2,000 1,000 23,000 8,000 17,000 541,000 409,000 82,000 71,000 234,000 216,000 ; Jancaby THE CHRONICLE. 1886.] 8, The toiiti of the Liverpool market f )r day of the week ending Deo. 13 and and sixjts the daily each futiir.wt oloeiiit? price* 91 spot cotton, have been as follows SatHritay Mondmi/. Upol. Market., Irreguliir. 12:30P.M. Tuuday. Wtdnv, nuritT]/. JVMtlV ModerutQ Tlarden'ti demaud. tenUunoy. Mid. Unl'dR . . i Spec.ctexp. 8.000 7,000 500 500 Futuret. 1-ltde- Qnlet. Barolr Steady. •teadr. 1 63-64d., and 3 01 Stead r at 1-01 de- Firm. Rarely stoadr. Baroir Btoady. H<gl> 6aw. Clot. d. i. d. d. d. d. d. 153 438 438 460 4 57 4 37 4 57 4 37 4 57 458 43g 439 438 4se 459 438 4 61 461 400 600 SCO 463 SOS 3 03 5 02 Boe 3 06 5 03 S09 5 09 509 313 518 3I« Dm.. Jan.... Jan.-Feb.... JTeb. -March March-Apr. April-May.. May-June... June-July.. July-AuR... Wednea. Dec .30. 4 58 d. Otm HigJi 1 December.. 4 39 4 39 4 59 4 39 D«o.-;an ... 4 59 459 4 39 4 59 Jan.-Feb.... 4 59 430 4 39 4 39 Feb.-Marob. 4 61 4 61 4 61 4 61 Optn High Cow. OlM. ISO 4 63 4 62 3 02 3 03 5 01 4 30 4 82 d 4 37 4 37 4 57 4 39 4 82 6 01 6 01 3 01 3 01 5 04 3 04 6 08 5 07 308 311 300 310 511 510 KrI., Jnn. 1. Wheat— Bed winter White Cam— West, d. d. 460 4 60 4 59 4 50 4 60 4 59 460 White Sou them.. Yellow Bouthem. . 313 313 318 513 BdcHvU at— 4 59 4 39 4 59 4 61 Milwaukee Toledo 4 61 6 03 3 03 5 08 5 09 3 13 300 6 09 5 13 game wk. game wk. Hi : 96'4 95% 9r.>4 97 98 99 97's 98 98-^! ^ a 2 48^ Miircli delivery o May duUvery S 48 48 48'fl 48^4 » 43 34>49 19 35 14 39' »» 40>« Barley— No. 1 Canad.^ 97 aioo 81 9 83 No. 2 Canada >9 n 72 State, two-rowed 8tate.8ix-rowed 73 -a 85 Buckwheat 51 ® 52 51 >, 48 4:} 2,081 48.356 2,«01 151.530] '83 Barley. Rye, Oje Bmh.iSlla ButhM 13. 914,067 21,380 49,376 137,312 12,300 329,025 140,220 826,322 28.250 4,012 31,878 27,990 .212.196 20,I5S 104,310 7,800 13,693 5,860 76,375 197,215 3,345 137,400 14,400 994,730 493.498 634,621 493,344 345.818 323,873 89,748 942 29,670.886 31,903,310 11941,971 1,076.410 9,539,339 11,490,316 8,290.3u Corn, Oalt, *urh.5Blt» Biuti.32 2.876 !9,310 93,821 6,873 4,250 161,000 125.830 183,552 150.851 850.137 1,861,237 1,804,042 1,258.501 2,147,791 1,832,433 550 8,800 11.000 46.865 37.471 124,236 1885 I8b4 1888 3.774,782 39,630,502 41,820,983 4.743,625 7I,I49..374 38,851.422 4.430.837 30.565,840 51,998,003 5,!8a,53 he The receipts of flour and grain at the seaboard ports f o week ended Dec. 26 follow: At— New York Flour, Wheal, bbts. bush. Corn, Barley, bush. Oats, bush. bush. 8,250 4,369 846,206 213,579 16,506 175.750 95,017 i.OOO 37,500 22,038 36,600 Philadelphia... 66,375 48,427 3.000 1,063 11,955 Baltimore '22,638 6,125 31,200 49,312 115,200 656,172 82,000 16,037 714 29,645 5,373 300,000 15,000 Boston Portland Montreal Newport News Richmond New 5,500 Orleans... Total weclc... 159,672 Cor. week The '84.. 206,433 500 900 5,32^7 1Z8.901 2.183.336 517,4*9 1,463,180 Rye, biuh, 2,500 393.731 1,200 1.000 i',258 96,138 •240.936 109,585 6,917 6.570 total receipts at the same ports for the period from Dec, Dec. 26, 1883, compare as follows for four years 21, 1885, to Flour... .bbls. Wheat bash. Corn Oats 1885. 159,672 1884. 206,433 1883. 2d9,585 1382. 368,28-2 128,901 2,183,536 373,731 96.138 6,917 517.449 1,463,180 240.986 109,585 0,570 216,494 838.683 232,640 170,000 58,854 998.993 1,296,843 352,304 95,903 11,000 Barley ,2 ". 2,337,770 1,516,651 2.755,013 several seaboard porta for the wee Is ending Dec. 26, 1885, are shown in the annexed statement: ; 483^ 48'4 48'4 '84 Iba S ~ June ; P'J 9S Indian corn shows a material recovery from the recent low The speculation has continued brisk, but the transacprices. tions in the regular way for export and home use were on a greatly increased scale, the more conspicuous because they were done in a holidsy week. Confidence in the atability of values seems to have been fully established. The quality of the new corn coming forward to the seaboard is more satisfactory, and there is a narrowing of the range between "steamer" grades and the dryer samples. Supplies of new white corn have been ample, but not much yellow is shown. To-day the advance of yesterday was not fully sustained at the close. DAILT CLOSrao PSICEg OF NO. 2 HIXE1> COBN. Hon. Titet. Wed. Xhurt. Frt. I Sat. January delivery Fehruary delivery .... 2 00 StoM Ju/i/26 OAILT CLOSIMO FRICBS OF NO. Z BED WINTEK WHEAT. Sat. Xon. tua. Wed. Thurs. n elevator 93 92'a giig 9-2^ J»nuary delivery > 90% 913m .S February delivery 92''8 92% 92% 93a< 94'-2 March delivery 3 94 940g 95% In elevator 3 19 No. 2 mixed No.2 white 133,719 Dnluth I *. 5 50 3 50 38 White 94 98 96 .M 51 51 51 55 10013 .. Peoria. . 2 3 79 64 • 66 Rye—Weatem State and Canada. .. 68 • 70 33 • 36 Oats— Mixed 00 94 2«7,15l 37,058 43.943 . — Thuiwdat. p. M., DesemberSl, 1885. The market for all grades of flour and meal have shown more steadiness in the pist week, but, as ia usually the case during the holidays, the home demand has been very dull, while the business for export has not materially improved. The wheat market has been doing better for both spots and futures. The regular trade has bsen more active, the purchases embracing some lots for export. The absence of snow at the West exposes the fall-sown crop to many dangers, the time has arrived for the closing of the Black Sea and for the cessation of shipments from India, and there is no longer any doubt that our own supplies, available before another harvest shall be gathered, are not excessive. Hence, we have had some revival of speculative confidence and action, which developed strength toward the close of yesterday's business. To-day futures further advanced, with considerable spirit to the speculation, and wheat on the spot was very firm. delivery delivery 37 OR< IK Wheat. Flour. Chicago BREADSTUFFS. May 37% Sti'g of 'Tj^Badstufts to B6U.196UwIamIi.60 Tot.wk.'BS Ariril delivery 37 at •3 We aeveland. St. Louis 3 09 36% 36% •-• market is indicated in th e statements below, prepared by us from the figures of the New first give the receipts at Western York Produce Exchange. lake and river ports, arranged so as to present the comparative movement for the week ending Dec. 26 and since July 25 tor each of the last three years: 3 03 3 00 36% FH 36 | iZ o The movement 306 5 03 5 06 5 09 mlxsd Weet. mix. No. 2. West, white, new. West. yoUow.new May-June... 3 03 June-July.. 5 03 July- Auk, 513 3 06 3 09 5 13 Thurt. Thuri. 35)« 30 Southern supers (3 SOI 50 Bonttiem bakera'uia 75 family brand* 4 759 25 Bye Hour, Huporllne.. 3 309 3 80 Com met 1 — !<00 9 Western, dui 5 25 Rrandv"wlne. *«.-. 8 150 5 75 5 00 Buckwheat flour, ¥ 190» 100 lbs 4 65 83 31 93 a 93 a 75 S 85 9 42 • 4g>«9 46 Tt 46 a 50 9 Bprlnf;,per bush. BpiiuKNo. 2 Red winter. No. 2 Detroit 5 06 3 09 Wed. 35>« 3d 3 3 3 5 XX 483 463 463 463 0.1 34 > 35 >• 36 '4 closing quotations: »bbl.$2 40a Fine 3 109 Saperflne Spring wheat extra*. 3 20 a gtra't. 4 00'<» Minn, clear and Wintershipu'gextras. 3 50» 4 10» <Se XXX.. Winter 4 .50» Patents 3 60O Olty aUlpplUKex Boatb'noom. extriM.. 4 009 March-Apr. 300 3 00 3 00 300 AprU-May.. 3 03 5 03 5 03 5U3 5 Tuei. Tuee. Low. OlM. d. 4 61 157 4 57 Slii d. 4 39 4 39 4 61 4 37 4 37 4 59 4 82 5 04 6 07 Tkara., Dec. 31. Open High Lma. ClM. d. Taea.1 Dec. ^9, Opm 4 39 d. 34 >4 35 30 . moment. The following are the cline.. naii.f Dec. 38. -Ze. December.. d. Hon. iron. ^ 2 '3 8 Rye, barley and buckwheat were without transactions of B mean* 5 1-6M. 8«t. Dec. Sal. April delivery May delivery The opening, highest, lowest and closing prices of futures at Ldverpool for each day of the week are given below. These prices are on the basis of Uplands, Low Middling clause, unless Otherwise stated. IV* The prx4a an ^ven in pence and 6K/U, Ihxit: 4 63 meavs 4 been noticed in wheat and corn. The ofrering^ have been very sparingly made, owing to the confidence of holders In a further improvement. Today futures were weak and the business very dull. DAILY CLOSING PRICES OF NO. 2 OATS. Kebnmry ileUverr March d.-liverv 500 ollne. Market, 5 P.M. > 8,000 10,000 1,000 Rut at Market, J 12;30P.M.( 04t8 have 'recovered most of the recent decline, though sharing to but a moderate extent in the activity which haa January delivery 5»a Mld.OrVns. Sal09 Firm. 9 29 50 *»^ 4i>>4 49 48% 48% S 3 4S"8 48>a 48»8 H o Rye Total grain ... 2,789.223 The exports from the Exports from— New York Boston. .. Poriliiud. Montreiil, Phlladel, Baliiiu're N, Oil'ns. Rkhin'd Wheal. Corn. Bush. 147,059 Bush. 662.958 25.660 16,506 116.500 535.125 281,883 . 147,659 1,638,634 Total w'k. S'me time 1884. .. l,39'i.713 957,011 Flour. Oats. Bye. Peat. Sbls. Bush. Bush. Bush. 39,098 22,866 a61 980 1,947 30,121 2i'69"9 9,589 14,106 54 1,441 87.815 31,104 127,779 81.760 26,048 69,236 6.627 We add tha The destination of these exports is as below. con-eepondisg period ot last year for comparison: A THE CHRONICLE. 30 Com. WKeat. Flour. Sxportt for week 1885. Week, Dee. 26. to— OontiD'nt Bbl$ 50,525 3,218 8.& C.Aiii 12,65<? W. Indies l.%007 5,202 651 Do.KlDg. Brit, col's OtlLO'n'to Total... 1884. Week. 1885. Week, 1884. Week. Dec. Dee. 26. Dee. 27, Biuh. 53,159 94,500 Bblt. 9.5,492 4,489 9,757 9,082 8.612 27 1885. Week. 1884 Dec. 26. Den. 27. Week, BuKh. Bwh. 737,705 1,137,129 667,97^ 391,465 60 106,'5n9 3,331 lOU BnnK 685.808 182.432 78,S12 9.409 4J0 347 87,261 147,659 1,395,743 1,638.634 957,011 By adding this week's movement to our previous totals w e have the following statement of exports this season and last season: Wheat. Ex,oriB tt— Dec. 26 On R*iiftdom Oo'-tlnent.. 1884. 1885, 1884. Auv. 25 Aug. 24 to to Auo. 25 1885. to Aufl. 24 1884. to Aug. 26 Dec. 26, Dec. 37. Dec. 26, Dec. S7. Bblt. Bush. Bush. Btuh. Busli. 10.955,232 11.53:3,572 6,737,275 48.068 290,346 3.S1.M6 100 183 253.829 2,3S8,820 12.263.168 3,4'il,880 1,130,691 8.&C. Am.. We«t Indies 2,706 34.905 305,351 4,107 Brit. Cornlea 366,130 Oth, ooantr'a n,a»4 295,217 12,473 25 16,320 140 16,718 759,803 123,477 30,698 25.235 2,489,060 3.004,500 ',,177.013 23,270,104 15,954,685 406,08 i 13i,U8 3 -.870 65,070 7,499,9*4 supply of grain, comprising the stocKs in gjranary at the principal points of accumulation at lake and seaboard ports, and in transit by rail and water, Dec. 26, 1885 : visible In store at— Albany Buffalo Do afloat Caiicajjo Do afloat Milwaukee Do Wheal, bush. 9,518,325 1,400,000 2,000 4,111,000 532,207 14,459,855 47,000 3.687,680 Xye, bush. 88,282 330,000 65,000 202,000 149.400 35,0)0 34,000 252;i53 223,220 299,3Y7 821 147,623 10,015 1,971,993 afloat Detroit 124.521 2,385,909 2,434,247 127,032 Oswego 285,000 1.50,01,0 2,493,561 166,000 1,490,563 9,000 286,780 225,214 441,993 929,636 216,256 8,985 355 229,764 42,329 140,354 82,710 931,689 Louis Cincinnati St. Boston Toronto Montreal Philadelphia Peoria Indianapolis Kansas City Baltimore Minneapolis 8t,P»ul 2,399 1 69, 1 65 937,6,59 1,415,331 6,259,086 1,201,0C0 On rail 71,9C0 Onlake Dec. Dec. Dec. Deo. Dec, Barley, hush. 114 471 5,0;)6,710 Toledo Tot. Tot. Tot. Tot. Tot. Oatt, bueh. bush. 1,089,129 1,22.^,254 297.200 7,500 35,000 39,500 97,000 6,000 47,t00 afloat Dnlutb Do Com, 76,'869 l,266,27i b.eio 48,589 io.iai 4.139 615,000 110,531 119,000 82,688 156,643 5,300 15,559 61,000 80,515 110,339 139,549 69,595 31,654 13,000 7,941 2,183 77 49,804 2,000 7,672 8,441 279,224 85;6o6 194,041 15,000 373,064 700 colored cottons [are generally steady in price. last Print cloths quotations, viz, SJgC. for : The production of print cloths at Fall River in 1885 was 7,380,000 pieces, and the sales in that market reached 7,508,500 pieces. The average price for 64x64s during the year was 3'1193c,, and for 56x603 2'7057c. Prints were in moderate demand by package buyers, and there was a good steady movement in dress ginghams, woven wash fabrics, cotton hosiery and spring underwear from agents' 64x54s, and for 2 13-16c. 56x60s. 456 7,116 Woolen Goods— The week has developed condition of the woolen goods market. The movement in light-weight clothing woolens continued fairly active, agents having made liberal deliveries of fancy cassimeres, trouserings, worsted suitings, &c,, on account of previous transactions; but new business was of verj- change little ttrictly . in the Heavy moderate proportions. clotliing woolens were taken in small parcels for the renewal of assortments, and prices remain steady on such makes as govern the market, Jersey cloths were in fair request by the manufacturing trade, and considerable orders were placed for next season, in spite of a recent advance in prices, Kentucky jeans and doeskins ruled quiet, but stocks are so well conditioned as a rule that quotations aie firmly maintained by agents. Satinets were in demand and unchanged. Ladies' cloths, tricots, and both all-wool and worsted dress fabrics were mosllj- quiet as regards fall and winter goods, but some fair orders were placed for spring and summer materials for next season. Carpets were in light demand but firm in price, and there was a limited inquiry for wool hosiery, heavy underwear and Germantown knit woolens, light FoKEiGN DnY Goods were uttei ly devoid of animation in hands, and but little improvement in the demand is likely to occur until importers are ready to show new lines of spring and summer goods. The jobbing trade was generally slow, first transactioEs having been chiefly confined to filling sucli small orders as were received by mail and wire. Staple goods are generally steady in this market and at the sources of supply in Europe. Importation* of Dry Gooas. The importations of dry goods at this port for the week ending Dec. 31, and for the year 1885, and the same facts for the corresponding periods in 18S4 are as follows: 26,'85. 19,'85. 27.'84* 29,'83* 30,-8i* 56,431,813 8,320,695 2,880,968 2,327, 152 8 10,075 58,761,953 7.338,256 2,S0C,664 2.298,484 767,826 43.382,190 4.124,812 2,3in,974 1,935,587 624,313 35,507.400 9,695,044 6,229.342 3.292.198 2,673,349 21.048,017 9,104,137 4,123,374 3,010,154 1,470,135 Imii P 8: • • Stocks hands have been greatly reduced within the past few weeks, and really desirable makes of brown, bleached and Domestic 4,830,633 KewYorB Do afloat inclination to anticipate future requirements. hands. 1,947.502 The little in first t Dec. 27. 1.478,986] Total Hong Kong, 195 to Argentine Republic, 134 to Mexico, &o. There was a relatively light demand for staple cotton goods at first hands, because large Western jobbers have supplied their immediate wants, and other buyers have shown very were quiet and unchanged at 127,779; 18S5. [Vol. XIII. MinneapoUs and St, Paul not included. ' : ! : t et • e e; ! Si ! p: o THE DRY GOODS TRADE. TuuRSDAT, P, M., December 31, 1885. There was a comparatively small representation of out-oftown package buyers in the market the past week, and local jobbers were so busily engaged in taking account of stock that their purchases were confined withia very narrow limits. Business was consequently quiet in commission and importing circles, as usual at this stage of the season, but the December trade as a whole has been very satisfactory and largely in excess of the corresponding time in any previous year, owing in a measure to the fact that exceptionally liberal shipments of spring and summer goods have been m»de by Western jobbers in advance of the customary time, ia order to economize upon freights. The movement on account of former transactions reached an important aggregate amount, although it is probable that fewer goods were shipped in this connection than in immediately preceding weeks. The jobbing trade in the regular way was quite molerate, as generally expected, but a large distribution of domestics, prints, ginghams, dress goods, &c,, was made by leading jobbers, who offer tempting price inducements before "stock-taking" in order to close out theur open lines. There is a much better feeling in the trade than existed at the close of 1834, and the outlook is regarded favorably by manufacturers, mill agents, importers and jobbers alike, the general situation having greatly improved during the past six months. Domestic Cotton aooDS.—The exports of cotton goods for week ending Dec. 29 were 4,371 packages, including this to U OU WO M tooosco** T. pv| "to** M O <]<! ;;i 'J to to CO 01 3iOi OiCO COM CO to OM CiCCCp3Ci*- ^oy M O C: CI on t^ I-' C Oi CO lOMtfi-<ID OlOO OuCOOOi to to O' to X M H- ^ to to A CO to CO *^ CO CO t;>^ rf». Ci> O"-0OpCC«6 cj to to to to Oj OS so yo V *».lOMMtO jototooiw 05 • J Ol O' QDQO Vl'lnwCJi JJ toxcia'ff*> QD CO to c;! *-! s| OSS' Tooco-iffl Cr- MX c^o ?p to CO 00**"p;-jp c;»xcoMto OOOJtOXO ODtO ens: wo)io SPOOWM — ^ M p tOpf OiOl 10 CO h- o; #^ MO Ohtco; pQD wcno'-o'cj oo pptopp 03 to to 01 00 pMlt^lCM 00 W "olf^COQOM 05 M OOMtC-3 co;d**«3V eg to g^ooscc CQCO-^-JCOO MW oco c;> caoioaocs M^p<irf*. cotoecoo MO<*»-Oi 00 O(00tC0<l CDUiCJi^O CO CO C; CO o; OS o: rf», CO >£>> I- c;" ^ Oi-JX^n MMMtOM M »- to CO ^OOtOiJi..-' tJVfttOJtfOD Mt6» m o: OJ c;»t*»>O^M to'totooto CO v* OS coo .^1 Qo coo; OOP co?r o»c;Mr-wi M^cr- vto» a* S. COMC'tOCO S * c:eoocoao ^**l^<OCS 00 S* I to 10 M)0 ."•ppw^^ CDt-h-*-00 io>-*coccn 00 OS MOO M CO o to *i'to>-**m ;^( ODMh-^Op pp pto co«co*^cn Os"'^ -J 00 "tfrMWCJIO 0"^«Mm MO M w'to"ifr.oj C0OC0GD^^ Note.— Tlie total since ClCCiFk.i-'X :o -J <) rf=* X MKlH-M *ato 2,354 to Great Britain (mainly for trans-shipment to other markets) 529 to Aden, 291 to U. S. of Colombia, 291 to H»yti, 198 to' MM tOM iP> *1 January 1, iu eaoli case, ^ — tf*.px bicoxos^ cco)(>rf^Mae ptOM<I*. tooic biii -l-J-JXCO embraces 52 weeks. Jaituart OR THB HKl'IHIT OF TIIE(:ONniTn»N BANK of (ONI INKNTAI, SATKINAIViii-k, Till* iti cloHuoC bUHliietm un tbo :j4tu day Diici'lUlM.r lf<«5: .,f IIBSOPKCES. l,.i»n» »4.M7,»M illscoiinn 1111(1 -'- -^ I' iroolroulatlon I I SKriilmortKages.... ,iw>iml t>unk!i l.iirikiiand bankora .... I i>.- I M „> , 8K8.IJOI1 Oil liOO.IlOO 00 ,,nt(> , ,ris..ii»nd I M.B48 lo tuxes paid „, ,,„hl cii-i.rlna n.-ii..- i..iinctr». "f .jtherb'ka Ch.'.ks 1111(1 ..iii.T infh Items i-r,.,, „ M H *{ . IIS.OOO uO «,000 on 140.100 fle >04,H10 4H (^".W^ UTorrtntriK •a.Xi*) 00 Ji>ci,0(K) (Xi 6. mo 00 »,71».7«U 71 Kx.lnmm'!! for I'learlllK House 7.0O0 00 Hili^ot ,ithor banks 84 Friictliiim purrcncT (Includlnif nickels) 678,297 BO fl,.,.,.|i. 68a.ft7! 00 (..•tul-toiiilcr notes KiMkMuptlcm fund with II. 8. Treaaurn.l 7a 00 er per cent of circulation) »e.8.a.!J18 80 Total LIABILITIKg. »1.000.000 00 Capital Stock paid In UOO.IKK) 00 Surplus fu.i.l 87.104 52 l-n.l.vl.h'il pr..tlts no 108.& NittinniU hunk notes outstandinR 8.315 72 1 11 vhliMids unpaid. W OF ''I'. R™T„Tr»7:",yAWo'R'7r"B\'lfK'"8P KBPOKT AMKUH'AV New Vork, In the Stnte of Now BANK, YOICK." NKW at N.iw York, at tile ului.p of busliieia on the '.^th day of close of I)e. oslts: IndlTlduMs J2.729.108 Od «.3«7,882 61 Nairn '111 binks 738.K47 53 Ptiit DX ks&bH'kerS.. 7.182 al—B,842."'20 rertlfl «to» ol deposit... ' the l»« Doc,, KtSOUBOBS. Loans and discounts s. cure 2.5SM.409 19 Al.KBEIJ H. TIMPS 'N. Cn!<nl. r. Subscribed and sworn to before me this 29th day Ki) i.v K. ( OKY. •f Decemb r 18H5. Notarv Public. New York Co. Correct-- Mfeat: I.LIAM D. MOKOAN, belief. W AM TURN BULL, Directors. EDMUND D RANDOLPH. OF THE CONDITION OF THE REPORT CIIAT"All NATIONAL HANK, at New . III nes^.. : Undivl.loil protlls >a[l<>nai Iiarik notes outstanding 1 8,924 HO no 0(1 589 75 4,381,218 2S 45,1 Dlvideml?* unpaid Individual rloposits subject to check Demni d ci-rtitlcotes of deposit . 12.iS!S2 10 Certified chocks 215,006 70 Cashier's checks outstanilini; 1,040 00 599,294 78 Due lo olh-r national bunks 21«.H«n 32 Due to State banks and bankers |iO, 4o,ii>ju ill Total state of .New York. County of New York, m; 1. H. V. DoltKMUS. Cashier of the above-named bank, do solemnly swear that the above statement Is true to the best of mr knowledge and belief. H. P. DORBVIUS. Cashier. Subscribed flnd sworn to before me this HOth day John W. Hesse. of December, 1885. Notarv Puhllc. Kings Co., Certidrat filed lu N, Y, Co, Correct— Attest FUED'K WIKBUSCH, CHAKLES H \USELT,> VAN. B. SMITH. ) 11,48,^ 97 100,000 llO 3(18,000 00 lOT.UHll 00 190,000 00 1,781,842 80 21 100.000 OU 24.5H7 11 lo3.o;« TO 1,'5I,2>18 2H II8.0OO 00 11.149 0(1 11.444.813 44 843.082 00 457,.'S40 Kxctuinges f -r Clearing House lllllsof other banKS Krartlonai paper cur'cy. nickels Aoents Specie Legal tender notes 181.712,000 88 Total LIABUilTUU. J.10n,000 00 Capital stock paid In Surplus fund Undivided proflts State bank clrculiition outstanding iMvtdends unpaid 4.000,000 00 625,220 f-8 10,874 00 ,,. l-Oo Taxaccoun Individual ' 88.068 00 d> posits sub- loiheCK $81,221,348 39 ctfs of de|>osit 78,894 62 88 1,49 J 59 61,881 30-22,2<3,.'?98 90 Cashier's ch'cksout.it'd'g ..,121,8:>9 51 Due toother national banks Oue to State A private banks A bank rs 1,4.'3,9I 1 88 Total I31,71'2,000 85 atateof New York,Countyof New York, 1, Wm, J. QUIM.AN, ,IB., Cashier of "The Chemical National i.ank of New York," do solemnly swear that the above stai ement Is true, to the best of ray knowledge and j Directors. belief. W,M. .I.QUINLAN, Jr., Cashier. Sworn to and *ub.scribed before nie this 29th day Kobkiit o. Uobekth. or December, 1885. Notary Public, N. Y. County. Correct— Atte.-t 'SEVKLI\ New Dec. V'Tk, at the close of business 'Thursday 24. 1885; RKSOUBCBS. Loans and discounts Over 'r.tfts €5,138,578 35 91 495,000 00 4-"i 011(1 00 289,578 44 800,000 00 »i,i52 85 28,718 25 ,S3H bonds to secure circulation ti'tnds on hand L. Other stocks, bonds. Ac U, S. .*(. BarikinK House Kxoenses Premiums p.tid Specie Legal tenders Bills of otlii'r banks Cher- sA .th. cash items F.xi li's for Clear'g lUlse Due from national liinks Due frimi state b'ks and tl.9<4.402 87 20H.058 00 20.700 00 FREDERIC VV. S'TKVF'NS. '<5,I28 OF THE CONDITION OF THE REPORT UAI.LATiN NATIONAL HANK, at New Yori*. In th.' St-ii e 01 .New York, at the ciuse of business December 24th, 1885 UESOUBCXS. Loans and discounts $4,335,068 80 5.094 47 69 i.OOO 00 483,000 0(1 101,294 83 9,3^8 00 Overdrafts U, S. bonds to secure circulation Other >tocks, bonds and mortgages Due from ther Nat oiial iianks Due fr.-m State banks and b nkers Keal est te, lurnituro and dxtures Current expense.i and taxes paid Checks and other cash items Exchanges for Clearing House ... 1 Billsof oiher bank.s Kract'l paper cur'ncy, nickels 198,9-^7 no 33 36 15,00(1 & pennies 697.025 00 520,250 00 tender notes Redemption fund with U.S. Treasurer (6 per cent of circulation) Leg 00 13,164 88 1,403 15 1,493.994 81 Specie 1 31.050 00 ToUl 18,575,57394 LIABILITIES. f'noltal stock paid in $1,000,000 600,000 533.98! 591,070 1,487 2.908,824 Surplusfund Undivided proflts .National ban. notes outstanding Dividends unpaid Individual deposits subject to check,, Demand cert flcates of deposit Accepted draf IS Cashier's checks outstanoing DUH to other National banks Due to State banks and bankers.. 00 00 84 Oo 60 16 79 1.135,135 78 2o7,2:(8 74 14.71(4 1,279.8 17 21 403.473 92 Total t»,5i5,573 94 State of New Vork, Countyof New York, **: 1, AKTBira \v, Shkkman. Cash'er of the abovenamed bank, do solemnly swear ihat the iibove statement is true, to the best of my knowledge and A. W. SHERMAN. Cashier. belief. 8u' scribed and sworn to before nie this 30th day H. L. Bkaynaru. of December, 1885. Notary Public. Correct-Atteot A. H. 8TEYBNS.) A. ROOSEVELT.^ Directors. W. W. ASTdH. ^ 67,175 99 98.878 00—4.136.387 48 110.768.748 28 Total LIABILITIES. Capital Stock paid In SI,.500,000 00 5*10,0(10 00 Surplus fund. UniTlvidid pr •fltn :e2.ei8 sm Natl nal bunk notes outstanding 423,000 00 Dividends unpaid 12,506 50 Depo«ll8-Indlvldual».... I2.742,4«-14 8.7H7..MS 09 National banks 728.588 50 Plate b nks * bankers 14t*.504 10 Demandcif'. t deposit 737.98i 06 Cetlfled checks 44.581 40-8.168.575 19 Canh er's ci.ecka outst'g Tot»l »10,783,748 28 State of .New Yi>rk. County of New Y- rk, •»; II. 1. K. Pt'i.i.KN, cashlpr of the above-named bsnk, do solemnly swear that the above statement Is true, to the host of my knowledge and belief. E. II. I'Ul.LKN, Ca-hier. Su^scrltied and sworn to before me this vOth dav of Dee.. 1885. W. O. 8.VOW, Notarv Public, Kings Co. t>r(lfli'aie ti-e Coj reel— Attfcfi in N. Y. Co. . . . : 1 Jdl'N ,1AY KvOX. OLIVER 8UMNUR S. STONB, $15,973,342 71 48i CS.bondstosecureciroulation U. S. bonds on hand Other stocks, bonds and mortgages Due trom other nati'inal banks Duefrom State banks and bankers Real esT ate. turn it u re and dxtures Current expen.nes and taxes paid 2'0.0O0 a0O.(.00 142,974 1,48'<,293 14.840 600.000 70.900 10 S.OOn 00 84,366 4;S paid i A 75 00 00 78 42 74 00 45 00 42 '0 88i,i'05 00 410,0,0 00 11,441,187 20,055 251 pennies 4,145,792 Specie Legal tendernotes U, s otfi',of deo'sit for legal tenders Redemption fund with U.S, Treasurer ., 9,000 (6 per cent of circulation) Total $36,871,376 LIABILITIES. $8,200,000 Capital Stock paid in 640,000 Surplus fund 00 . S^ 00 00 Unifivide.l proflts 669,866 81 I»<),ii00 00 National bank notes outstanding 58,9 '2 40 Dividends uni<ald individual deposits subject tu check.. 18.145,532 54 2.70.S.891 01 Deposits for acceiitancea 113.488 00 Demand certificates of deposit 66.528 81 Cashier's checks outstanding 9.5l<7.8.-it 90 Due to other nation il banks 294.774 H4 Due to State banks and bankers 135.671.375 B6 Total State of .New York. Countyof New York, is; 1, Henkv Bl'Ck iioUT,Ca8hii-rof the above-named bank, do solemnly swear that be above statement Is true, to the best of my knowledge and belief. BUCKHOUT, C»-hler. Subscribed and sworn to before me, this 28th day i>, u. Fan.nino. of necember. 1885. Notary Public, Correct— Attest t HENRY N. BUSS. ) ROB'T W. STEWART,) i '. / CARTER.^ R. KEAOUKCES, Loans and discounts (iverdrafts Fract'l paper cur'cy, nickels 881.388 06 bankers Redenipiion fund with U. 6. Treasurer (5 per cent of circulation) .. CITY OK NEW YORK, at New Yorn, in the stale oj New York, at tne clor-e of business December 34, 1885; Premiums 52 Directors, and O. D. BALDWIN. i Directors. I s, disofiiints <-eu sirhodule) $16,466,728 hecKs and other cash ( schedule) Rx<;hanges forClearIng of other banks I iS 8,1 bds,toseourecirculation(pftrral.) Other Ntocks.bonds and mortgages (see schedule) Due Iroiu other national banks Due from 8tate A private b'ks A b'kers (see schedule) Real estate Current expenses and taxes paid .. .. 8, &0.U 00 I tf>0,44O 18 80 1,',U7,V70 208,807*8 84M82 61 26,708 73 Items (see 88 730,1119 Hoase 4.078,487 04 78,^8 00 Bills Spe ie Legal-tender notes 4.03e.«78 88 1.0*28.944 oO U. 8. ctfs. of deposit for legal tender notes (sec 5.193. rev. Stat.) 80,000 00 LiUf fri m U. S. Treasurer, other than 8 per cent redemption fund ^16,000 00 Total $59,284311 18 LIABILITIES. Capital stock paid In 00 00 80 00 00 88 fOMO 74 2,846,188 OS 8.636,888 48 2.8 2,645 74 $6,000,000 1,280,000 168,888 State bank circulation outstanding 6,801 Dividends unpaid 80.820 Indivinual d.-pos't§ subject to check.. 12,471,688 Surplus fund Undivided pronts Demand certldcites of deposit CertlHed che kDue to other national banks Due to State A private banks Ab'nkers T'tal $29,284,311 IS Slate of .""low York.Couotvof New York; 1. Dl'mont Clarke, c'ushler of the American Exchange .Nailnnai Bank of .New York City, do solemnly swear that the above statement is true, to the best of my knowledge and belief. DUMONT CLARKE. Cashier. Sworn to and subscribed before me this 29tb day of Dec. 1885. J. J. Bennett, Notarv Correct.— Attest Kings Co, Puhlli-, Certificate filed In : WM. LANOi C. KY. .N. Y. Ck). / W. BAYaRD cutting,) Directors. Directors. > ROBERT LB.NOX KB > NED Y.) Checks and other cash Items Exchanges for Clearing House Bills of other banks 1.1«9,2S3 97 '* U ) OF THE CONDI i'lOS OF THE OF THE CONDITION OF THE REPORT REPORT FOURTH NATIOVAI, BANK OF THE MATIONaLBANKOFTUKKEPUBLIC, of I.oans 10 I.--1I v'rkVilt Deo.. 1888: i,f . Overdraft- ; J. A. 1(0 5- tlu' State of New Vork. at the close of buslDecemljer 24th. lt^«3 UESOL'RCBS. 13,907.888 na Loans and discounts lla 27 Overdrafts 50,000 00 U. S. bond.i lo secure circulation 1511.0110 00 U. •<. b .iiil.son hand 400,»3< 54 Due Iroiu other \ut. bi>nks 2i. 31 40 Due from Slate bi ka mid bunkers ... 2ii.A 9 I4 Beal est te, furnit re Hn>l tlxtures 42.77.1 2ii Current expenses a d tax>^s p^id S«.«M0 81 Checks and other cash items KxchHiiites for ClearInK House 394. ;H2 55 2,20(100 Bills of other banks 1,007 (S5 Kract'l paper cur'ey, nickels .w pennies. oil 1,0H,0.5Z Specie LeuHl-tender notes 289.369 00 Redenipilon fund with U.S. Treasurer g.25 00 (5 per cent of circulalton) ^ »8.340.'305 57 Total LLABILITISS. Capital stock paid In I45O.00O 00 3 0.000 00 Surplus fund. York, ciroul'n (par val.) U.S. bonds on hiiiiil (i>ar valuni Oth-rsto.-ksano bonds Cleiirlngllouieloiinctrs.af othorb'nks Duo from other nittl.inal banKS Due from State and private bunks and binners Banking bous» Current expenses Checks »nd other cash Itema Demand 50.-'68 a« »9.832.218 80 Total State of Nen Vork. Countr of New York, ««.A1.PR D H. TiMPSo.N, Ca-hler of the above1. named bunk do solemnlv swear that the above BLatement U true, to the best of my knowledge and Wll.r,' $l<,C2!i,a8S 51 Overdrafts U,S. bonds to biislii. It Cenifled checks Cashier's ohjcks I 1 Jeo( M OF THE NATIONaC N,.w ••Mil-rillK I lit (.'i AcceuMinccs SanU MiiUmtnts, Sault Statements, ganli ;gtat)emeutB. Nt>w M THE CHRONICLR 1886.] a, J. R. MAXWELL. 1 IJEPORT OF THE CONDITION OF THE ^^MKKCANTILE NAT10N.\L BANK of the City of New Yoik, at the close of business. December 24, 1885 RESOCRCE8. Loans and discounts U .^. bonds to secure circulation Other stocks and bonds Keal estate, banking house Other real estate -pecie.... Leual-tender notes Bills of Ml ber bunks Checks & oth. cash items Kxuh's lor Clea'g House Duefrom national banks Due from state b'ks and $5,992,718 50,000 3.000 200,000 19,000 ()0 00 00 00 61 00 00 71 72 06 $1,489,184 442.700 10,482 5,142 683,2.1 623.893 bankers 80 13,934 04 Redemption fund with U. S. 'Treas. (6 per cent of clrcu ationl Due from U. 8. Treasurer other than 5 per cent 2,260 00 redemption fund 8,000 00—3,157,838 17 $9,422,554 77 Total LIABILITIES. 00 00 87 00 72 00 Capital Stock paid in $1,000,000 260,000 104,488 45,000 Surplus lund Undivided proflts, net Nati -nal bank notes outstanding Dividends unpaid Deposits individuals... $2,756,119 38 3,702.9'.i4 63 National banks ;,340,4:M 73 State banks a d bank'rs. 1.22.154 Demand certs, of dep'slt 221.813 77 Certitied checks 682 1 5-8,023.000 20 Cashiers checks outst'g $9,422,534 77 Total New York, County of New York, ss of State I, Fked'k B. Schexck, Cashier of the above-named : bank, do solemnly swear that the above statement is true, to the best of mv knowledge and bel'ef. FllEn'D B. SCHENCK, Cashier. Subscribed and sworn to before me this 29th day F. A. K. Bkyan. of December. 1885. Votarv Public, New Vork Co. Correct— Attest; JAMES K. M(;HOLS, ISAAi; WALLACH, \VM. p. ST. JOHN, Directors. V J OP THE CONDITION OF THE REPORT BANK OF NEW YORK, NAI'IONaL BANKi (J .S-iOCl\ I I.N, ar New York City, in the State of N. Y., at the close of business Dec. 24, 1885: KESOUKCES. Loans and discounts $11,704,997 53 387 06 Oveidrafis U.S. b'ds to secure circulafn. *H p. cts. (ither stocks, bonds and mortgages Due from other national banks 800.000 00 9.000 00 l,2!j-MI3 73 174,779 11 Due from ntber banks and bankers 250.000 00 K.al estate Exchanges for Clearing House other banks 9,066,075 30 00 128 80 248,0'i9 Bills of Kract'l papcrcurrcnoy. nickels A cents Specie Legal tender notes Ke lenipti. n fun with U. s. Treasurer (5 percent of olroulatlon) 1,97S,700 00 534,1.00 00 1 22.600 00 $28,733,730 08 Total LIABILITIES. Capital stock paid In 00 00 81 «2 00 1.11780 9,848,030 92 46. '*0-* 01 6.«75,i«6 79 8,660,217 98 1,&'29,063 98 $2.'00.000 900.000 421.371 18.313 450.000 :..: Surplus fund Undivided profits >ew Vork taxes National bank notes outstanding Dividends unpaid .... Individual rtenoslts subjet-l to check. Demand lertiflcates of deposit CertlHed checks Due to other national banks Due to other banks and bankers $25,788,750 OS Total State of New York, City and County of .Vow York. f New Vork, 1. 1*:. s MASov.Cast lerof the Bank n, do solemnly swear Ass"clall National Bank ng that the above statement is true, to the best of my 1 K. 8. ti SON, Cahler, knowledge and belief. Subscribed and sworn to before me this 29 h day Hanson C Gibson. Notary Public. New York Co. Correct— Attest FRANK N KDSON. ) . of December, 1885. M p:s MO R, CHAlUiES M. FRY, JA 1 V 1 Directors. THE CHRONICLE. TUl ^aimdiatt IPanUers. AOBNOY OF TH£ CHAKLCg H. SHKLDON J08BDA WILBOUB, BINJAHDI A. JACKSON, WILLIAH BlNNKT, JP. Wilbour, Jackson or North America, British WALI. STREET. No. 6i Kxohange and Cable Transt9n. Issue demand drafts on Scotland and Ireland also on Canada, Brltlsb Columbia, San Francisco and Bqt and Cbloa^o, NOTKM CIllClII-AK lasned In Pounds Sterllni! all parts oJ the world. CON.IIEIlCIAL OKKDITlH LS^IIED for use in Europe, China, Japan and the Ka«t and West Indies. Also. In name of i& BK.A/.II.IAN LiMlTID, avallabl-> !n the Braiils, Rivet arallable In Plate, Ac. Btlla oolleoted and other banking baslness oMd. trans- \vrTAV18H, \ Agents. H. STIKKMAN. D. A. Merchants Bank OF CANADA. $5,725,000 Paid Ui>. $1,375,000 PtWldent, ANDRirW ALLAN, Bsq. Vloe-President, ROBERT ANDEKSOW, Kst Capital, ReBerre, . BEAD OFFICE, MONTREAL. PROVIDEiWCi:, K. N«w York Agency, No. 61 vraU Street. HENBTHAOUB, JOHN B. HARBIB. I JB., { Sxohange. (paid np), 81;RP1.ITS, - - ....... HOWLAND, Pres't. HEAD D, B, No. 4 Excbauge Place, Room Nn BOSTOW, ^cnusgluanta ^aufeers. & Narr . ^ . I , », ,t ,_ ? Mon^r?!. ^ w«ii a?™f*^ uf5|°^' ^^^1q W*" Street. 62 Lombard Street. Prompteflt aiientlon paid to oolleottonB payable tt any part of Canada. Approved Canadian bnatness paper dlsoonnted at Ihe Head Office on reasonable terms, and nrnoeedi remitted by draft on New York | | Bank of Montreal. CAPITAL, SCRPLVS, - - • . BMITHbBS, W.J. 913,000,000, Go)<t $6,000,000, Gold No*. S9 CHESTNUT SPEEET, No. 437 Bxctianges. Cable Transfers, Bills of Exchange and Letters of WALL D Cable Chicago and throughout the nilninn of (;anada London OSce, No. 22 Abclaarch Lane Gzowski & Buchan, •TOOK AND EXCHANGE BROKBRO, TORONTO, CANADA. Bto^ Wew and Bonds, Sterling Exchange, Drafts on York bought and sold at CUIIRKNT PRICES COLLECTIONS .MADE. Jos. M. Shoemaker & Co. BANKERS AND fiffOCB 8S ueraatted Bonds of Mtssomi, Kansas and lUinolia flood Investment Seourltlea, pay lim from lour to eight per cent, for aaXe. & Chas. H. Potter Co., CLEVELAND, OHIO. SPECIALTIES TOWN. COUNTY ANU CITY BONDS, LAKE SUPERIOR IRON MINING STOCKS, AND STREET Ra1LK0.4^D SECURITIES D, G, FONIg, President, ( 8TATB BANK, i Incorporated 1875. )C, T. ) WALEXII Cuhler. LITTLE ROCK, ARKANSAS. CKpltal (Paid In) ^alttmorc ^awfeers. Wilson, Colston & Co., .... «200,000 Prompt attention given to all business In our line. N. y. CoHliESPONDKNTS.— Itnoorters' * Trader* National Banlt and National Bank of the Republic BANKERS AND BROKERS, Members of Baltimore Stock Exchange, J^ttovitcijs. BALTIMORE. INVESTMENT 80UTHKBN SKCDKITlKo and t peolalty. Correspondence and solicited information William fur. ilsned. N. Y. Correspondents— MciClm Brothers t Co. Robert Garrett & Sons, BANKERS, No. T SOUTH STREET, BALTIMORE, W. Porter, Attorney and CounseUor at Laiv No. 623 WALNUT STREET, I'lilladelpbla, Pa. Corporation, Transportation and Commercial Law. References:— The Trust Companies, The National Banl£8 and Railroad Companies in Philadelphia, and the Judges of any of the Courts. rBANSAOT A GBNBKAL DOMESTIC ANli FORBION KANKINO BnSTNRSS. Fabius M. Clarke, ATTORNEY AT LA^V, TOPEKA, KANSAS. LodowickJ. Hlll, E. President. S.McCandless. A.W.Hill Cashier. Vice-Pres't THE Gate City National Bank Cobb ATLANTA, GEORGIA. Individuals respeotfiilly solicited. Colleclions promptly made and remitted for. Will act as agent t..r the Investment of idle and surplus funds of Banks or Individuals. In our active and growing city money is always In demand. Our ra tes reason able. Uive us a trial. Thos P. Miller & Co., nORILE, ALARAMA. MEMBERS OF THE NEW YOKK ASl> ALSO, Itaalen in municipal. State, Railroad •ad United State* Bonds. ST. MERCHANTS' NATIONAL BANK, lUPORTERS OF IRON COTTON TIES. RICHinOND, VIRGINIA, ; made on all prompt returns. ln»»ir nr. JOHN P GLK BANKERS Southern points on best BRANCH, President. r<-"^J^'^^^Cash. FRED. R. SCOTT, Vice-Pres't BRANCH & -.WD CO., COMMKSSION MERCHANTS, RICHinoND, VIRGINIA. Virginia Bonds funded under the Funding Act K ''i?" ''"It Carolina 6 per cent bonds, '^'' '° ""'«''"' SSSfSa'iLi'lSS.dTfoVS.il^"'''' Sl.™S' LOUIS, Mo. Vtanuf aoturers' Agents for the sale of Jnte BocRtng i Liviprpool (Limited). Liverpool. THOr BOSTON STOCK EXCHANGES. BAGGING. WARREN, JONES & ORATZ R^"Jr Collections BOSTON. PRACTICES IN ALL THE COURTS. Oorporation and Commercial Law a Specialty. Refers to Judges Stephen J. Field and Wm. B Woods V. S. Supreme Court, Washington. D C. BANKERS, terms CONGRESS STREET, A. Angier, E. Attorney and Counselor at Law, Capital and Snrplns, . - $300,000 00 ATLANTA, OEORCilA. Accounts of Banks, Merchants, Corporations and Bank of Estabrook, bonds, specialties. Rkferences: Hon. D. J. Brewer, U. 8. Circuit Judge; Corbin Banking Co., New York; Eastern Banking Co and Gen. F. A. Osbom. Boston, and the Bank of Topeka, Topeka, Kansas Designated Depository of the United States. Correspondents.-Bank of the State of New York, New York Louisiana National Bank, New Orleans BANKERS, No. Co., German National Bank, rtpectal attention paid to collections, with promnt remittances at current rates of exchange on di " »«" state of Alabama and & & OLIVE STREET, ST. LOUIS. Dealers In IVestern SecarlUe** BROKERS. SOUTH THIRD STREET, PHII.ADELPHIA. S?l.Th?,'<; Brewster, 1871. Keleher INVESTMENT BANKERS, t Sterling Exchange. Francs an In. COLORADO. Commercial and corporation law and munidpa 61 STREET. Waltih Watson, Agents. . „^„.. make oolleotlons ESTABLISHED F. P. UOBIBT U. JANNJIY, M. SHOIMAKJEB. Jos. TntQsfers; grant Commercial and Travelers' Credits available In any part of the world; Issue drafu on anil ----- We have on hand and for sale ttrst-class County and School Bonds and other choice securities. We especially recommend to conservative Investors onr R KA L ESTATE LOAN' on Improved City and Faim Properties. 'J'hese have been made by us after riald investigation of title and values, and can be transferred atonoe. Correspondence solicited. Highest references East and West. Credit. OFFIVJe, AL»x'R LANG, sell ,--1 Members of the Philadelphia and New York Stock i 'ur and - Dickinson, Specialty, PHILADELPIIIA. BUCHANAN, SeneralManaRer Sc & Hayden President. NEW FORK c. of the United Statea - • Gerlach, OFFIOE, TORONTO. Agents in London Lloyd's. Barnetfs & Bosanquet'a Bank, limited, all nart.s 306 RANKERS AND RROKERS, Brandon, Man., Essex Centre, Ont. Dealers in American Currency &. Sterling Exchange P. 4. fWASS. MKMBBR OF BOHTON STOCK KXCHANIJH 8480,000 BRAlfOBSS: made on DBNVER, Samuel G. Studley, WILKIB. Cashier Port Colbome, St. Thomas, Ingersoll WeUand, FerHUB, Woodstock^Winnipea, Man C Boston rOMMliSSION STOCK BROEEK. .„„„.. Agents, St, Catharines, WALKIB, Oaahler WriLiniNGTON, N. »1,600,00<I • A. K. Pres't. National Bank, INVESTMENT BANKERS, Imperial Bank ot Canada. 8. New York and Private Telefrrapfa Wire to No. 184 CAPITAL BuBBUgg, First I. Uealers In Commercial Paper, Oorernmeci. ano other arst-oIasB Bonds and Seooritles and Forelffi The New 7ork Agency bays and sells Sterling Bzohange, Cable Transfers, Issues Credits Hvailable in all parts of the world, makes collections in Canada and elsewhere, and Issues Drafts payable at any of Itoeoffloesof the.bankln Canada. Every description of foreign bankinv business andertaken. B. SatifejcvB. Cilleetlons • QBOROB HAOUB, Ueneral Manager. J. H. PLUMMBR. Assistant General Manager BANKERS: LONDON, SNO.— The Clydesdale Bant (Limited.) WKW TORK-Tha Bank of New York, N.B.A. H. & Co., a ^outltevn WEYBOSSET STREET. 6% NEW LONDON BANK jB. BANKERS AND BROKERS Sterllnji sell %nQ\mi& ^unlitvB. 3|cttr Bank [Vol. XlJi. ESTABLISHED 1885. Eiigrene U. Cole, ST.\TIONER AND PRINTER. Supplies Banks, Bankers, Stock Brokers and C—v> rations with complete outfits of Account Boo»8 Stationery. New concerns organliing will hare their order promptly executed. £k tW No. 1 WILLIAM STREET, (HANOVKB SQUARE.) , Jaituart THE CHRONICLE. 188(J.j 1, it (Cotton. Insurance. fnenv^nnct. THE MUTUAL NEWLIFE OFFICE OF TBB INSURANCE ATLANTIC Mutual Insurance Co., ORGANIZED APRIL The Trustees, In oonfonnlty to the Charter of the Company, submit the (ollowlni; Statement Its aflttlrs on the 3 Lst December, 1884: L.IFE $5,405,796 14 Assets, Premiums Premiums marked off from lst January. 1884, to 31st December, $4,066,271 04 1884 14, 1842. SOCIETIT, BROADWAY, NEW YORK. Betoms |58,161,925 1885 10,483,617 Surplus at 4 per cent Income in 1884 15,003,480 Paid to Policyholders during last 25 years 81,072,486 other Stocks $8,776,685 00 Loans secured by Stocks and otherwise 2,005,100 00 Beal Estate and Ctalms due the Company, estimated at 440,000 Premium Notes and Bills ReoelvBDle 1,454,959 73 OaehlnBank._ 261,544 65 Amount...- $12,938,2t;9 38 SIX PES CENT INTEREST on the outstanding oertlfloates o: profits will be paid to the holders thereof, or their legal representatlTes, un and after Tuesday, the Third of FebniEU-y next. THE OUTSTANDING CERTIFICATES The will oea»e. 16 and 18 Ezchance Place, (ORQANIZBD & 26,8 T. H. C. P. IN BROSNAN. IHAUIOH. Sec'ir. A. is New York. 1881, for which oertiflcates will Home OflBce. address J. GAFKNBY. S. Home COUPAKISON or BusrNBSS. By order of J. 1881 A 1882. New Insurance Written. ...16,864.211 00 »u.m,4H8 00 Dec. 31, '84. '82. $17,167,106 00 119.789.864 Of) Interest due and unpaid on Total Assets. December 31. 1884. NONE. £dmnnd W. Charles Dennis, W. H. H. Moore Adolphe Lemoyne, Corlles, James Low, Bobt. B. Minturn, Charles H. Marshall, tHkTld Luie, Ctordon W. Burnham, A. A. Rsven, John Elliott, James G. De William Bryce. Forest, Charles D. Leverlch, Thomas B. CoddiLgton. Horace K. Thurber. William Degroot John L. Rlker, N. Denton Smith, George Bliss, Henry E. Hawley, YORK ames F. Wenman & Co. COTTON BROKERS, PEAFIi STREET, N. ¥. K«t»bllsh«d 'in Tontine Bnlldlntl 1««0 FELLOWES. JOHNSON & TILE8T0H, COTTON, STOCKS, BONDS, 4ce., 25 WILLIAM 8TRKBT, NKW YORK. )r d«rs !n " Futurew" wiemited at N. Y. Oottop H. CL.1SBY & .^tcamslxi|»s. COrrON BUYEB8, OKEY nONTOOMERY, ALA. nBCHARB ONLT ON ORDKRH FOR A Direct Line to France. GENERAL TRaWaTLANTIC CO. Between NEW YORK and HAVRE, Pier (new; 42, North Kiver. foot of Morton 3t Travelers by this line avoid both transit by Kn«lish railway and tbe discomforts of crossing the Channel In a small boat. ST. LAUUKNT, De,Tous«elln,,Wed,. .(an. 6.6A.M. AMKKlgUE, Santelli Wed.,Jan. 13.10 A. M. CANADA. De Kersahlcc Wed.. Jan. 20, 5 A. iM. LABRADOR, F. d'HauteriTe„.Wed., Jan. 27, 11A.M. FKiCK OF Nassau K lincludinK wine):— To HavreFirst cabin, fUM) an(l fO; secifud cabin. $60; sleeraKe, 1^2 InctudinK wine, beddlHK and utensils. Return tickets at very reduced rates. Checkson Uanque TransatlantlQue, Havre and Puris.ln amounts to suit. Special Train n-om Havre to Parla. The (^ompuifnte Generate Transatlantlque delivers New York special train tickets from Havre to Paris. RaKKutfe checked throuKh to Paris at Co., fKAHl. STREET. NBiy ©ommerctal LOUIS DE BEBIAN, William D. Morgan, Isaac Bell. OOHnfTflSIOV <I>artlB. & Co., MaoQfaotQrers and Dealert tn COTTON S AILDUCK And all kinds of CANVAS, FB'LTINO DUCK, CAB nOVKRING. BAOGLSO. RAVBN8 DDCK.BAIL TWINB8, 4ar., "ONTARIO" 8BAMLB88 ".'Afd, "AWNING STRlPSa OOTTON Its OflBce In without examination at Havre, provided passengers have the same delivered at the Company's dock In New York, Pier 42 .North River, foot of Morton H.. at least two hours bel"<ire the departure of a steame Atceiit, >Jo. H K4>«vllii*r <;ri»eTi. Bxoh. CO., Brinckerhoff, Turner From J, D. Jonet, Benjamin H. Field. Joelah O. Low, Horace Oray, William E. Dodge. Wllltam H. Maoy, 0. A. Hand, John O. Hewlett. Wmiam H. Webb, Ohailes P. BurdeU, 134 JOHN the Board, TR OSTBBSt & COTTON BROKEBS, No. 113 $B3«,14918 1883 i 1884. ^Tm^KT. Geo. Copeland next. H. OHAPITIAN, 'Secretary. Storgls, 07 WhitM. J 1884. 1888. lainter, fie COTTON MERCHANTS, OflBce. Paym'ts to Policy-holders for Death Claims. Endowments, Annuities, Surren«475,923 98 ders and Dividends be Issued on May ; Waidron declared on the net earned premiums of the Oonpany, for the year ending 31st December, andafter Tuesday, the Fifth of RErxRK.vciE8.— National Bank of Augusta, Qa Co., Commission Merchants. New William B. Dana A Co., Proprietors CummibCIAL 4 KlNANCIAL CHBONICL*. and Other New Yor» Vork WHXILWBiGHT, Ais't Sec. Absolute security, combined with the largest liberBssarea the popularity and success of this Co. All form of Tontine Policies Issued. GOOD AGKNTS. desiring to represent the Comto COTTOW 8P1NNBR8 and BXP0BTBR8. Henry Henti A ality. Insurance In force A i?fVTDEND OF FORTY PER CENT for CORRKSPONDKNCK 80IJCITBD. President. Dec. 81. the tima of payjcAPt y-id canceled. Cargill, COTTON BROKERS, TO OKDKR All the profits belonK to the poUcy-taolderB exolasiTel^. All Policies henceforth Issued are Incontestable for any cause after three years. Death Clatcus paid ut once as soon as satlsfactor; pany, are Invited & Alexander Oxo. U. BURFOEID. Actnarj. proofs are received at the rORK. Entire attention irlven to purchase of 1850.) Broadway, NBW Post BtnLDiNO. AVOVSTA, OEORCIA. Insurance Co. THE CITY OF NEW YORK, 261, 262 of be produced at certlilcates to & Gwynn, COMMISSION MERCHANTS, States Life Superintendent of AKencies, at the Issue of 1880 vrUl be redeemed and paid to the holdtrs thereof, or their legal representatlTes, on and after Tuesday, the Third of February nest, from whieh date all Interest thereon Liverpool; alio tor Grain and Pro York. AND AND MAKES IN NEW YOKK. COTTON FACTORS IIVDISPUTABLE ASSURANCES The United viz.: ST., 1, $787,789 40 The Comp&ny has the following Assets, ITnlted States and State of New York Btoek, City, Bank and Wm. New Tork and visions In New PROMPT PA YMENT OF CLAIMS. Premiums and Ex- of penses PEARL Fielding January Bloss, Orders for ftitare delivery of Cotton executed In THE SOCIETY ISSUES Leases paid during the same $2,109,919 20 period Gwathmey & COMMISSION MERCHANTS, ASSURANCE 120 MONTOOMHRT. ALA. and LlTerpool. $103,876,178 51 - EQUITABLE De- $3,958,039 44 cember, 1884 Premiums on PoUotes not marked 1,447,756 70 offlst January, 1884 Total Marine BBIiMA, AI.A.; Bayers of Cotton for a CommUslon Orders for Future Contract* eiccuted lo Mew Tork No. 123 Fiemlums on Marine Risks from 3Ut - Assets, Co., Cotton CoinnilHsion INercbants, No. 19 SOUTH WILLIAin STREET, New York. President. IBSUSS SrSMX DKBCRIPTWK OF LIFEdk ENDOWMENT POLICIES Rates Lower than other Companies. NEW YORK, January 2^. 188&' 1st January. 1884, to YORK. OF CO. MoCURDY, R. A. & John C. Graham Also, Aitenta UNflTED STATES BUNTING full sapplr, all Widths and No. 109 Bliss, CO. Colora. always la Dnane Street. Fabyan & Co., New Tork, Boston, Philadelphia, -ELLINO AGENTS FOR LBADINO BRANDS JOHN D. .ONES, President, CHARLES DENNIS, Vioe-Presldent JOSEPH CI LLL.*TS STEEL PENS . BROIVN & BLEACHEB SHIRTINOI AND SHKETINUS, W. H. H. MOORE, 2d ffotB Br ALL DEALERSTHRoucdourTMt WO RLD Towels, Qnllts, Wblte Ooode ic Hoaleri A. Vlce-Preslden'. A RAVEN, 3d VIoe-Preatden:. -OOLO MEDAL PARIS EXP0SITION-IB7B. PRINTS. DBNIM8, TICKS. DDCK8, *•. DrilU, SliMtinat, *e., for Export Trail*. THE CflRONlCLEI & 1 W. T. Hatch NEW VORK. »«.„„., OFH0B8 5 BRANCH /^-.T^,. J UOA»a MADE ON ACCBPTABLK SBCUBITIKS. Phenix Insurance Co. OF RR04»KI.ir]V, 80IT. Co., 196 Broadway, New York City. Company 1st Day of Jan., 1 R85. 11,000.000 00 CASH CAPITAL Office, G. E. Staenglen, COMMISSION MERCHANTS, Tfork, 8 SoutH WUIIam St., New XICUTK OBDBHS KOR FUTUBB DBUVKBY MEW YOKK, KEW C O T T OM statement 9/ ORLEANS, NEW YORK, LIVBBPOOL AND NBW pRiSaNS COTTON BXCUANGB8. AIM order, lor AGENT FOB NBW YORK COPFBB EXCHANOB, and GRAIIW A3«D PROVISIONS COTTON COMPANY OF STUTTGAET. mt the COFFEE «t the tneXlUCAOO BOARD OF „ Lea Mcl«an, New Orleans^ lilTerpuol. Jas. , Lehman, dckb & LUDIAN, 8TSBN * Co., New Orleans. La. & Schroeder G. Co., NEW YORK. HBNRY H. WHMLKB. JOHN L. BULLARD. OOMiniSSION MERCHANTS, No. 40 KXCHANGB PLACB, Wheeler, Bullard ILSUBEBS OF THE OOTTO.V, COFFEE AND COTTON COMMISSION MERCHANTS PBODUOE EXOHANOES. & UIVrOWN OFFICE. No. New 204 CHCBCH BTBEM NEW York. BondenU Sons and Insurance Company OF NEW YORK. 00 2,SSB.742 00 Reserve for Unearned Premiums S-9.51:' IS Reserve for Unpaid Losses and Claiiu. Netsurplus uJ'^:?. Caah Assets, July CHA8. J. Messrs. L. Rosenheim a In l.,lyerpool : Stern it Co.; In London, Messrs. B. New- A g«a»*Co. 1. IT.8fl0.058 ^^ 1888 niARTIN, Prealdeut. J. H. WASHBITRN, Secretarr. YORK. ALSO, Orders executed at the Cotton BichanRes In New York and LiTerpool, and advances made on (otton and other produce consluned to us, or to our corres- Local Dept. OFFICE 119 BROADWAY. »3,00n,000 CASH CAPITAL Cotton Excliange Building, Cotton AND Factors BURKE. Sec'y P. HOME Co., Successors to BRO'S, Preaideut. WM. R. CROWELL. Vice-President. PHILANDER SHAW. Secretary. WM. CHARTERS. Assistant Secretarr. FRANCIS WARB ft SCHROBDEB. COTTON COMMISSION MERCHANTS. Montgomery Ala. LEHMAN t4.S42.4S0 as STEPHEN CROWELI,, Pald-Up Capital, K. M. 6,000,000. COBBIC8PONDKNTS Mesanu Smith. Bdwards « Co., Cotton Brokers, 2,3W0.9H5 V7 2H7.H27 "^7 B40.BB1 18 Reserve for unearned premiums Reserve for unpaid losses Netsurplus Antiorlzed Capital, R. M. 20,000,000. and the>"CW YORK PRODUCK KXCHANGB TUADB. ., New Haven Special attention paid to INVBSTMENT8 and «cciltTit. of rolTNTMV RiNKBRS. New ¥ork. rOB FUTURll DM.rV-«BT OF COTTON. »t • Wtreet, N. Y., »t.. . OOnON. AU. GRADB8,80ITAB1OB) TO WANTB & "i Church ' jj0y Chapel —with Interest npon balances- BPMIAI. Henry Hentz Sons, Personal attention Klven at the KXCUANOB8 to the purchase and sale ol STOCKS and BONDS for eaah or on margin. ^ ^ . .. DBPOSITa KKCKIVED—sobjeotto Check at sisbt COTTON MERCHANTS, Oath Advaneei Made on OoruignmenU. ATTBNTION TO 0BDIB8 FOtt CONTRACTS & BANKERS, STREET, NEW YORK. NASSAU 14 INMAN,SWANN&Co 8 Exchange Place OF SPINNBRS, OrFKKSn ON TBRM8 TO Henry t. Hatch Arthur M. Hatea Waiter T. Match. Sath'l W. T. Batch. Stillman, MERCHANTS, Post Building, 16 & 1886. 1, 3E|llscellaixeottS. (Siotton, Cotton. Woodward [JaNUaky iETNA BAGGING AND IRON TIES, (KOB BALING! COTTON). Advances made on Cotton ConstKnmenl a and Special Attention given to purchase and sale of FUTURE CONTKACTS OF COTTON. Insurance Company OF HARTFORD. Robert TannaJ-jill & Cotton Commission Merciiants, and sale \ 1 Future Contracts In New York and Liverpool. Reid Price, Cotton Brokers & & Co., & Farrar Jones, PEARL STREET, NEW YORR. Liberal advances made on Cotton conslKnmenct. Special attention Kiven to orders for contracts f( r future delivery of Cotton. FARRAR tc 141 X.J FKABL Taber&Co., ST., ' "'^- 6RAVIER ST., New NET StrEPLUH Speoai, Attention Given to the Exboutiok COk' C. traota for KQture Delivery of Cotton bou n & Co., & COTTON <B 0BDKB8 FOB FUTCltE COHTBACTg SZKOUTED l> ANl, LITEBPOOL. COTTON BROKERS, flTRRET, NBW YORK F. HofFmann, COTTON BROKER AND AGENT • 8 KUU l>K LA BOURSE, HAVRE. S. Brancli Statement Invested and Cash Fire Asiets U. Jan. 1, 1886. $3,301,747 91 — LIABIMTIBS,: Reserve for Unearned Pr»niium8 Reserve for Unpaid Lossss otner Liabilities Net Hurplu* »l,153,0f8 W 17«,:<7() H7 44,.4>.« .l.<H4..'>3a ST „ H,,S01,747 ai B. F. COMMISSION MERCHANTS, 17 TVater Street, LIVERPOOL, Tuttle & Waketield, COT T O M lO BBAVBR Co. Mercantile Ins. LONDON AND EOINBVRGB. NEW YOBK. New YOHK British OB COMMISSION MERCHANTS, COTTON EXCHANGE, old on oommLssion. WALTER &KROHN, North Hopkins. Lucius Hopkins smith Charles d. Uilleb. Hopkins, Dwight '»a< ' fa,964,4»0 6i JAS. A. ALkv^^:.^- OKD£BS FOB FUTUBB CONTKACTS. SAM'L D. BABCOCK 82 Nassau Street, New York. AdTances made on ConsltrnmoDts of 2,Ol»,026 88 4,mK),000 00 Ko. a CortI, Receive conslKnments of Cotton and other Produce, and execute orders at the BzcbanKes in Liverpool. Represented lu New York at the office of YORK. $0,013,917 40 Aasets January 1, 1885 LlabUltles tor unpaid loaaea and re-lngoranoe fund Capital Orleans, La. BABCOCK&CO. CO., NOHFOLK, VA. Hem; 186 ST., York. ausTAVus CommiBsion Merchants NOUFOLK, VA. Ki;UE, New OF Liberal adTftnce» made oo Cotton ooDBtgnmenta. Bpeoial atteullun Kiveu to the sale uf cotton to arrive or lu tranmt for both foreUin and domestic 1 10. CurresiH}ndence suUcited. lis PEARL 133 OoUon Excliauce Balldlns, New York gpeolal attention given to the purchase Hanemann& Co., Co., Mohr, ... « Lib,- ' Specla. COl 1st Pearl T'lers •JL«eufc«cl -kins . N. for Spot Oottc. & Assurance *ure8 promptly 8upt. of Agenele*. Co., limited, of london. OFFICE: Co., 'OKER8, ^^vw York. DUDLEY, Commercial Union '!utton. Denni8> \ Mauagers. JAS. F. tnces made on cotton consignments -n k'v^u to orders for contracts ft>r future Qv . 8. General Commission Merciiants, *ton Excbanice, Neiv York. ' • 8. In 18 years .SI 3.-21 ll,33'i 00 Bbanch Ofkick, .04 William St., N. Y. U. CHAS. E. WHITE, SAM. P. BLAUDEN, Losses paid In C. Cor. Pine & William Sts New York. \