View original document

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

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.

\