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xmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES
VOL.
SATURDAY. JANUARY
62.
1,336.
Greater activity at the Stock Exchange accounts, of course
in considerable measure for the addition at New York.
The comparison with a year ago is somewhat more satisfac
tory than during a number of weeks immediately preceding, for
not only is there an increase in the whole country, but each
section except the middle shows soms gain.
Of the 56 cities
%\tt ^hvoxxidt.
Terms
NO,
24, 1891.
of Subscription— Payable In Advance:
For One Year (iiicludlDK postage)
$10 20
For Six Mouths
do.
6 10
European Subscription (includlnK postage)
11 50
European Subscription Sis Months (including postage)
6 75
Annual Subscription In London (including postage)
£2 8s.
furnishing comparative returns, nineteen'record losses, and in
a few instances they are rather heavy. On the other hand,
These prices Include the Investors' Supplement, of 150 pages, however, there are some important gains, notably Grand RapIssued once in two months, and furnished without extra charge to ids 66"3 per cent, Galveston 60-1, Peoria 53'7, Los Angeles 51-1,
BUbscribers of the Cukoniole.
A file cover Is furnished at 50 cents; postage on the same Is 18 Washington 44-8 and Peoria 44'1 per cent.
cents. Volumes bound for subscribers at $1 00.
/
SubBcrijitious will be continued until deflnltcly ordered stopped. The
V^eek Bndino January 17.
iVeek E ltd-} Jan. 10.
publishers cannot be responsible for remittances unless made by drafts
.
Six Mos.
or Post Ollice
money
£1
do.
do.
do.
98.
orders.
1891.
Terms of Adyertising.
New York
aaieiotAdvertisements ordered for less than one month, in the Commekcial
iSioOu
at 25 cents per line each inserIOi>tton
ieraln
for one month or longer, a libIP<tn>I<um
eral discount is allowed, and the net prices maybe obtained ou application at the ortice. The lowest rates on permanent cards definitely ordered for one year are 8 cents per line each insertion, malclng $58 for Boston
i*rOTldenoe...
one inch space one year. Space Is measured in agate type— 14 lines to IlHTtf ord
762,462,902
tfiaret.)
& FiNAScuL Chronicle, aie published
tion. When orders are deflnitely given
the inch.
(1,924,8 6),
(479,20011
(20,738.»87,
(590,000):
hala.)
Jmjheta.)
^bI•.)
103,371,918
6.479,400
2,588,452
New Uaven...
Messrs. Edwards & Smith, 1 Drapers' Gardens, E. C, will take sub
scrlptlons and advertisements and supply single copies of the paper at
Is. each.
WILLIAM B. DANA
JOHN O. FLOTD.
WILLIAin B. DANA
PublUbem,
Co.,
NEW
YORK.
Post Office bos 958
Sc
103 William Street,
1
1.482.529!
1.420.158;
1.237,5*19
Springfleld....
London Asenta
CLEARING HOUSE RETURNS.
Worcester
Portland
Hew York
1890.
Wew Orleans
(621,675,353
74,781,309
56,438,279
11,863,809
64,218,000
18,646,290
14,018,732
$663,270,176
79,189,013
64,722,463
11.666,012
62,310,066
18,122,080
14,046,096
Seven oltlea, 5 days ...
Other dues, 5 days
$761,541,772
134,987,743
$81)3,305,906
Boston
PhlUdeiphla
Baltimore
Obloago
St.
LouU
Total
ail cities,
lolttee,
Total
The
S days.,
Iday
,
all oltlea for
week.,
117.684,298
Per Cent.
-7-4
-5'5
-12-8
-I-1-7
-t-22.8
lf'5,611,216
-2.6
-5 2
11,081,949,126
$1,116,50;, 419
-3-1
We
to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press PViday night.
Below
are our usual detailed figures for the previous week, that is
to the gain at
side of this city is
New
(-90-3)
100,419,802
6,849.100
-f2-9
-l-U-7
96,978,470
6.081.B00
-4-8
+7-9
+14-2
+2-9
2,395,1051
1,363.929,
1.45^,78«i
1.122.2091
1,191,4771
+84
-h8-7
-2-6
+W2
7)
(-14-6)
3.38U.3'24
1,850,212
-11-51
1,365,878;
--2-6
1.303.413
1,478,980
730,315
-SB
Philadelphia
73.043,1; 2
-0 01
Plttaburf!
12,8'13,532
Baltimore
15,483.787
73.071,453
16,802,874
15,515,174
-15-9
-0-8
71,182,057
12,840,902
13,976.297
8.514,850
1.928,2)8
924,163
1,039,780
1,611,111
+2-8
—19-6
-17-3
+63-9
+22-7
+20-2
^16-3
BttOaio
7,673.'<00
5,97e',626
Waihlngton
WIlmlnKton, Del.
2,022,484
878,571
1,396,341
Syracnae
Rochester*
8Se,4S5
1,849,812
112,781,711
79,657,908
14,192,650
6,115.264
6,''45.5»4
5,384,916
3.205.300
2.132,8;6
1,966,278
1,204,799
937.470
739,861
+-:
-
Y^+41-8
-6-8
+118
112,940,799
-01
67,764,568
12,5S7,650
5,467.978
4,811.076
+17-5
5,062,10'
+12 7
+119
+11-1
+5-4
-6-9
8,442,300
2,479,116
1,279,774
—140
1-
109.9<H.297
-0-2
85,852.344;
18.809,050
8.336,894,
8,863,940
5,398,067
+23-0
-1-5
+15-2
+23-8
•fl5-8
3,(160,800
+r8
2.383.126
2,002,445|
784,395
+66 8
1,095,063,
+12-1
+40-1
+25-6
119,165,874
103,618,868
+160
126.671,719
-H8-7
17,095.687
2,003,468
1,084,063
14,80:),466
+17-1
+44-1
+1T18
16,824.174
2,131,70S
1.388,499
889.215
+14-0
444,205
-1-511
1,211,942,
-ire
21,622,410
17,986,796
+80-8
21,926.538|
-^9-4
Denver
S.9',S.657
Dnluth
St. Joaeph
SloaxClty
Oea Moines
Wichita
1,752,008
2,0l2.A49l
+16-2
9,285,222
6,899,809
4.418,771
4,811,073
4,441,219
1,898,476
1,780,929
1,224,408
767.227
553.868
68:,382
601,567
-2-8
+43-0
+8-6
-4-1
-1-0
—0-6
-6-5
686,491
4«»,6»a
388,466
8,876,079
4,388.88S
4,213,848
4,004.274
4,209,011
1.875,225
1,782.370
7««,01M
593,158
702.082
668,948
869,666
-8'1
Omaha
8,6S9,ei2
5.733,291
4,192.02;
4,187,494
83.538,144
32,289,426
+3-9
37,019,886
-f9-3
83.764,849
18,916,391
8,023,162
22.126,6X0
16,633,977
+7-4
-H8-6
8321,326
8,713,368
8,441.488
1.838.799
2,019,486
1,429,209
1,688,293
888.477
877.000
8a»,»48
678,241
24.187,848
16,888,298
7.719,203
4,293.201
Total Middle
Weatem
San Francisco
Portland
Seattle
Taooma
827,999
671,348
2,012,967
Loa Angelea
Salt
Lake City*
Total Paclllc..
Paol
99»<?15«
651,813:
Lincoln
Topeka.
Total Other
St.
Weatem.
Lonls
New
Orleans..
tionlavlUe
Memphla
Klohmond
2,718,926
2,940,016
Oalveaton
8801.SS1
Nashville
Dallaa
Kort Worth...
1.4t(7,686
l,08e,8»l
1,196,878
Norfolk
CbattanooRR..
Birmingham...
516.000
(64.806
537,798
covering the returns for the period ending with Saturday
Ijexlngton.....
noon January 17, with the comparative totals in 1890.
Houston*
The aggregate for all the clearing houses exhibits an inTotal Sonthtrn...
crease over the preceding week of 66 millions of dollars, a re-
due entirely
(4.'4,O)0)
4!;2,535,
Mtnneapolla....
of clearings for the week covered by the
above statement will be given next Saturday.
cannot, of
sult
(3,432.000)
(-18
(
113,615,405;
3t.
$920,890,203
them
(13.64%475)
+40
-5-2
full details
course, furnish
(1.299.432)
(552.400)
(—18 8,
(—82 6
(24,098,OB:i)
-f87-2
KanaaaClty
«8d6,629,615
186,419,611
691,938,894
114,726,288
New England.
-0-2
8
4
(1,198,648) i-)-6l 8
(894.900)1 (—810)
1,890,697
8:4.478
678,067
Total
all
York, for the total out- OnUlde New Vork.
four millions less than for January 10.
* Motlnclnded In
J-63-7
8322,498
+806
-0-5
+4-1
-61
-66
-t30 3
8
16-6
—+9
-17-4
-7-8
+17
—
9-I
-10-6
+11-1
2,698,5-20
-(-601
-)-140
8,637,639
2.287,901
1.748.455
1,100,567
1,167.169
8«2,hOO
72S.590
662.981
1,970,334
-HI
-287
+35-4
l-S-l^
—211
-«-9
1,748,664
66,469,;08
,
63,209,849
1,884,386,080 1,164,519301
471.863,178
totala.
+S-6
+244
2,037,040
-f2-9
-H4
-(-7
P. Cent.
119,808,231
Total
Orand Rapids.,
Week Ending January 24.
709,772,904
1891.
4-28-8
Peorls
1891.
|P. Cent,
850.000
478,100
Lowell
New Bedford.,
Indlanapolla...
CLKABIXOg.
1890.
+20-9
+10-0
+7-9
+12-3
1,224.476
837,301
656,410;
The following table, made up by telegraph, etc., indieates
Total Middle..
that the total bank clearings of all the clearing houses of the
Chlcwo
United States for the week ending to-day, January 24, have Cincinnati
Milwaukee....
been $1,081,949,126, against 11,234,326,080 last week and Detroit
Cleveland
11,116,501,419 the corresponding week last year.
Colambna
Btt-ur^u by TtleveavK
J
444,778.897
¥trt
"+»i
+214
+17-8
-27
—12-8
+43-
-60
-8-3
+8-7
-ro
-8D
+ior4
-|J)-S
-186
+166
4-70-4
-88^
+*8
THE CHRONICLE.
136
[Vol, til.
able legal tender currency
THE FINANCIAL SITUATION.
cal troubles.
and
The excitement
also to
rumors of
in Brazilian
politi-
securities,
changed materially in several parAs regards silrer legislation, which was so
ticulars.
obviously affecting the markets a week ago, that influence in its more acute form has been removed, the
feeling now being general that no change in the law
seems to have soon subsided, but with the announce
ment of that fact came the statement of a fall in Argentines based on reports of internal disorders.
These
market fluctuations, however, seem to be of little
importance.
The Bank of England reports this week
with regard to silver is likely to be effected at this sesAt the same time there is doubtless
sion of Congress.
a perceptible check in the progress which was so evi-
a loss of £190,000 bullion.
This loss, as we are advised by a special cable to us, was due to an import
The
situation has
dently making towards a revival of business enterprise,
and a renewed disposition to await events, due not only
to the shock the free-coinage proposition caused, but to
impatience in commercial and financial circles over the
slow progress making in legislation at Washington,
which encourages
may
gress
be
a fear that
made
necessary.
an extra session of ConWe say fear of an extra
expresses the actual feeling
session, for that strictly
which prevails, since of all irritants it would be difficult
to mention more than one or two that would affect our
industries worse than the issue of a call by the President for the meeting of Congress the coming spring or
summer.
Under these circumstances, and with funds flowing
into our banks so freely as they have been for several
weeks now, an extremely easy money market was inevitable, and until enterprise becomes more aggressive
the offerings are likely to continue in excess of the
This situation of money
demand.
is
not only indi-
cated in the loan market, but likewise in the rapidity
with which the Clearing-House loan certificates are
being paid off. Yesterday the total outstanding was
reduced to $1,085,000, and probably to-day will
effaced
see
far
as
the
last
feature
this
of
trace
reflects
the
the
1890
panic so
then
distress
Money
on
call
as
represented by
bankers' balances has loaned at 5 and 3 per cent,
averaging probably not over 3 per cent. Eenewals
have been made at 4 per cent, while banks and trust
companies have reduced their minimum to 5 per cent.
The great change in the time-loan branch of the market is seen in the fact that whereas until this week
prevailing.
fromFrance and the Argentine Republic, &c.,of £49,000, to receipts from the interior of Great Britain of
£523,000, and to exports to Holland, Germany, &c.,
of £762,000.
The Bank of France reports a gain of
£213,000 gold, and the Bank of Germany a gain of about
£658,000 gold since the last statement. The open
market rate for money at Paris yesterday was 1| per
cent at Berlin it is 2| per cent, and at Frankfort it is
;
3 per cent.
Foreign exchange has been dull this week, and rates
the light demand and a
some of these having come from
bankers who are realizing upon the drafts bought about
thirty days or more ago, and which are now running off.
are easier, mainly because of
better supply of
The alarm
subsided,
felt
and
bills,
regarding the silver
bill
appears to have
this question has, for the present at least,
ceased to be a factor in the exchange market.
On
Saturday Brown Brothers & Co. and the Bank of
British North America reduced both long and short
sterling half a cent, and on Monday these drawers further reduced half a cent per pound, on the latter day
quoting long sterling 4 85 and short 4 88.
On Monday
Kidder, Peabody & Co. lowered their rates a cent, quotinglong 4 85^ and short 4 88; the same day the Bank of
Montreal dropped its long rate, but later in the day
moved both long and short up half a cent, quoting long
4 85^ and short 4 88|^. No change was made by any
of the drawers on Tuesday, but on Wednesday the Bank
of Montreal reduced the short rate to 4 88. Since Wednesday the market has remained unchanged as to rates,
all the bankers quoting 4 85i for long sterling and 4 88
for short, except Brown Brothers & Co., who quoted
short 4 88 and long 4 85, until yesterday, when they
reduced to 4 87^ and 4 84|. The tone closes dull and
steady, not in any measure affected apparently by the
borrowers have sought the lenders, now the latter are
employing brokers to offer loans, and there is no longer
any stipulation as to collateral, but good Stock Exchange reduction of the Bank of England minimum. The little
security is readily accepted.
The offerings come from business that was done yesterday was at $4 84^@4 84|
all
quarters except banks, and the demand, as for long and $4
86i@4 86f for short, while the nominal
already
@5
per
indicated,
cent
for
is
not
thirty
cent
urgent.
to
ninety
Rates
days,
are
5|
4| rates were, as stated, $4 84*@4 85^ for the former
and $4 87i@4 88 for the latter.
per
for four months and 6 per cent for six to
The Mobile & Ohio Railroad presents a very favorseven months. For commercial paper the inquiry is able statement
of operations for the six months ending
good and a number of our city banks and trust com- Dec.
The company's monthly returns have
31, 1890.
panies are in the market the supply of paper is not as
made it evident that gross earnings were increasing in
abundant as was expected for January, and consequently
a satisfactory manner, and the present half-yearly exrates are easier at
5@5i per cent for sixty to ninety hibit shows that the improvement also extends to the
day endorsed bills receivable,
5i@6 per cent for four net earnings. For the six months ending Dec. 31,
months commission house paper, and
6@7i per cent 1890, gross receipts amount to $1,846,608, against
for good single names having from four
to six months $1,578,096 for the six months
ending Dec. 31, 1889,
to run.
thus giving an increase of $268,512. Of course, exIn London there is the same tendency
towards easy penses have also increased, but only $152,032, so that
money which is so evident in T^ew York. The
cable the addition to net earnings has been $116,480.
This
announces a reduction in the Bank of England
rate of is without allowing for amounts spent for additions and
discount to 3i per cent, from 4 per cent
at which it improvements,
on
construction
and
equipment
had stood since January 8th. Discounts
of sixty to account, which for the six
months of 1890 were slightly
ninety day bank bills in London
are now 1|@1J per larger than for the
six months of 1889, being- $98,233,
cent.
The money market gives no evidence of being
in
against $88,054, and which,
if
deducted, would
any manner affected by the South
American distur- leave net of $585,624 for 1890,
against
$479,324 for
bances.
By cable we had notice of a flurry in
Brazilian 1889, the increase thus being
$106,300,
or
over 22 per
securities, due to the large issues
by Brazil of irredeem. cent.
;
JlXVASt
THE CHRONICLE.
84, 1891.]
137
The saving in expense reaches large
be intoroatinj? to see what position thia in- ghovelors to do.
in
as
respects
proportions,
as
company
the
average cost will be only 2 cents per
the
leaves
earnings
not
crease in
handling,
on
its
general
ton
for
as
against 8 cents.
interest
cash
regular
to
pay
ability
its
It will
mortgage 4 per cents. The September, 1889, coupon
on these bonds was paid only half in cash, but both the
March and the September coupons in 1890 were paid
wholly in cash. For the twelve months ending June
30, 1890, the accounts of the company showed a surplus over and above all charges and 3 per cent in cash
on the general mortgages of $92,362, the expenditures
for construction and equipment being charged to capiThe 3 per cent paid on the general
tal account.
mortgages amounted
to $232,925.
Full 4 per cent in-
terest on the $8,134,760 of these bonds reported outstanding would call for $325,390 per year, or $92,465
more than what was paid in 1889-90 on the 3 per cent
basis.
The surplus of $92,362 which remained on the
late year's operations would just about take care of this
Though
the report
is
for the fiscal year ending
June
30, 1890, a statement has
results for the six
been furnished to show the
months ending December 31, 1890,
thus covering the period of the operation of the coal
From this statement we get an idea of the
branch.
progress the road is making under the eflfects of the
business furnished by that extension.
for the six
months of 1890 stand
only $1,165,709 in the
Gross earnings
at $1,422,013, against
corresponding six months of
1889, the increase being $256,304, or about 22 per cent.
The
net earnings are $370,918, against $245,328, the
increase
here
being
over
the net for this period
the
fiscal
very
is
year 1889-90.
much
heavier
51
per
cent.
In
fact,
larger than for the whole of
Of coarse the company has
charges
to
meet ($264,-
six months of 1890, against $143,080
months of 1889), but after allowing for
December 31, 1890, (the first half of the current fiscal the same in full, a surplus of $106,643 remains, which
year) as that much in excess of charges and full cash compares with $102,248 for the same period of the
The increase is not large, and yet
interest on the fours.
If during the next six months year preceding.
the company should do as well as during the last six the fact that the new extension should be able to promonthc that is, if there should be a corresponding in- vide for the additional charges from the very outset
crease in net earnings then it would be possible to is certainly noteworthy, and speaks well for the
meet not only all interest requirements, but the out- judgment of those who planned it. The increase in
lays for new construction and equipment could also be business still keeps up, and for the first two weeks in
addition to charges, leaving the gain of
$116,480 in
net earnings reported above for the six months to
—
account.
The New York Ontario & Western has evidently ennew stage in its career and the prospects of
tered upon a
company appear more
inviting than for a long time
few years ago there was hardly a system in
this section of the country whose future looked less
promising. The road was hemmed in by the larger
trunk lines, and only limited opportunities seemed to
exist for securing growth in traffic and income, so that
the property looked as if doomed to continue an in-
the
past.
for the six
—
taken out of earnings, instead of being charged to capital
275 for the
A
different sort of existence.
But the new management
determined to develop the road's possibilities, and also
to extend the field of its operations.
They devoted
January 1891 gross earnings are $95,903, against only
$58,169 in the first two weeks of 1890.
The stock market this week has been dull, and at
There have been no new
times almost stagnant.
developments of moment as affecting railroad properSome of the specialties have been very erratic in
ties.
their fluctuations, and the whole market has been more
or less irregular, though the general tendency of prices
has been downward, especially in the case of the
Granger stocks. The failure of the American National
Bank of Kansas City had some slight adverse effect on
prices, but the chief depressing influence has been the
fear respecting silver legislation, which deters both
speculators and investors from operating to any extent.
New York & New England dropped four points on
Monday on the announcement that documents pur-
themselves to building up the local traffic wherever that
could be done, and at the same time went to work to improve the condition of the property, so as to ensure porting to refer to a lease of the road to the New
greater economy in operations, the latter of course being Haven, were forgeries.
Chicago Gas has fluctuated
To this end heavy widely, first advancing and then sharply declining.
have been put in, iron bridges built, grades The Northern Pacific stocks have been strong. Subreduced, and various other changes of the same nature scriptions to the stock of the Thurber-Whyland Commade.
The beneficial effects of this policy have pany are said to hav^ been in excess of the amount
been apparent in steadily rising earnings, gross and offered.
absolutely essential to good results.
steel rails
But perhaps the most important step taken was the
building of a short extension from the main line to the
anthracite coal fields.
This extension was not opened
till the close of the fiscal year for which the company
now makes a report— that is, not till June 30, 1890;
but according to present indications the company will
get from 500,000 to 600,000 tons of additional freight
from that extension in the very first year of its operation, while in the near future it is expected the amount
will be increased to a million tons per annum.
As
illustrating the advantages to accrue
do businessat a minimum of
10th instant finished
made up from returns colshows the week's receipts and shipments
of currency and gold by the New York banks.
The
net.
its
from
cost, the
Weehawken
facilities to
company on the
by means
trestle,
following statement,
lected by us,
Week Endimi January
Received by
23, 1891.
Shipped by
Ifet Interior
X.T. Bank!. S. r. Bank).
Curroncy
aold
—
Total gold and legal tenders
...
Movement.
$5,158,000
1,400,000
$1,805,000 G»ln.$3,353.000
900.000
600,000 Gain.
$6,558,000
$•2,305,000 aaln.$4.253.000
With the Sub-Treasury operations the
result
is
as
belew.
Week EiiUnj January
23, 1891.
Banks' Interior moTement, ag above
Bnb-Treasary operations
Into
Banka.
$6,668,000
18,100,000
Outot
Net Change in
Bankt.
Bank Balding.
$a,30»iooo aaln.$4,253.000
800,000
17,300,000 Ga n.
$24,058,000 $\S.605,000 Galn.$S,053,000
Total gold and legal tenders
which the transferring of coal to the boats is done
entirely by machinery, the buckets being moved over
The following table indicates the amount of bullion
an endless chain, with the result that one man (to run in the principal European banks this week, and at the
the engine) can do the work that it formerlv took 150 corresponding date last year.
of
. .
THE CHRONICLE.
13B
January
January
22, 1891.
eold.
Total.
surer.
21.820.860
Q«nnany
26,330,6«7 13,165,.S33
5.117,000 16,567,000
46,165,000 49,688,000
Netherlands..
Nat. Belgium..
:l,814,0«0
2,686,667
Tital.
|
6,484,000
1.343,333
24,626.860
94,853.000
make commutation
19,341.347
19,241,347
60,169,000, 49,660,000
99,819.000
rates- -to encourage
residence and travel, and the large
£
£
£
Borland
France
Aust.-Huu'y.
surer.
Gold.
roads
23, 1800.
Jkmktof
Lll
which
In
it
suburban
incidental traffic
brings.
the system of zones
all this
is
only an incidental
j
26,176,667 13,088,333 39,285,000
5,436,000 16,218,000 21,683,000
21,984,000
5,062,000 6,827,000 10,889,000
8,778,000
4,255,000
2,837,000 1,418,000
4,030,000
39,496,000
195,162.347
Tot. this week 107,770,19* 86,197,666 193.967,860 108,911,014 86.241,333
191,390,868
Tut, prey, w'k 107,031.S35 86.811 ,999' 192,843,834 105.067,868 86.333,000)
feature, adopted as a matter of convenience to railroad
to avoid the necessity of keeping so many
kinds of tickets in stock. Whether the gain from this
source outweighs the inconvenience of charging different distances the same rate is a matter for each rail-
officials,
road to settle for itself. The essential feature which
American reformers would be glad to see adopted is
Under the new
AMERICA.
the extreme lowness of the rates.
In the year 1887 the State railroads of Hungary system the average receipts per passenger mile will be
adopted a new system of passenger fares, known as the but about half those which prevail in the United
"zone" tariff. The scale of charges was much lower States. The question is, why cannot we do the same?
The first reason why Europe can do what we
than that which had previously prevailed. The volume
PASSENGER RATES IN EUROPE AND
of traffic increased rapidly.
Austria was soon forced to cannot is found in the
The agitation in favor population. Germany has
follow the example of Hungary.
throughout Central Europe
and is beginning to make itself felt in America.
Before the change the state of facts was as follows:
The railroads of Central Europe charged as third-class
passenger fare from 1:^^ to If cents per mile; secondclass fare, 3 to 2^ cents; and first-class upwards of 3
For express trains these rates were usually incents.
creased 20 per cent. On the other hand, decided reductions were made for round trip and commutation tickets.
of the reform has extended
the
square mile
thickly-settled
;
difference
Hungary,
of
parts
hardly compare with
this.
130.
the
The
The average
of
United
States
State of
for the
to
Even the most
has but 100 inhabitants to the square mile
land only 75.
density
of
200 inhabitants
over
United
;
can
New York
New Eng-
States,
even
we omit the Territories, is of course vastly lower.
Where there is more population there is more traffic to
A given number of trains can command
be had.
if
100 passengers at one cent a mile are
about as valuable to the railroad as 50 passengers at 2
Austria and Germany averaged from 1^ to 1^ cents, cents, the train mile being for the majority of ^ items
the unit of expense.
Prussia having on the whole the lowest scale of charges.
But this is not the only reason, nor the chief one.
Prussia has as yet made no radical chauge in this
Bavaria is on the point of reducing rates, Where density of population is the same the demand
matter.
As
larger loads
;
a result, the actual receipts per passenger mile in
the form of the
and improvement of facilities
America than it is in Europe. We
Hungary have both adopted the zone system. That is build railroads where a European Government would
to say, the uait of charge is no longer the kilometre, never think of building them.
We furnish four or five
but the distance of at least 10 kilometres. A man times as many trains for the same number of inhabiwho rides one mile pays the same as a man who rides tants as is the case in Continental Europe. Our trains
six, the man who rides seven the same as one who rides are much faster than theirs.
In most parts of Hungary
twelve, and so on up to 30 miles, when the width of a fast express runs about as rapidly as an ordinary
the zone is increased.
With this reservation, however, accommodation train in England or the United States.
the charges in Austria are made proportionate to the
Nor is this difference a mere accident. It is because
The unit rate is 1 kreutzer per kilometre, the people of the United States have demanded quick
distance.
or a little less than two-thirds of a cent a mile, third service and good service more imperatively than they
especially for the lower classes; but
tariff
remains the same.
On
class.
The
of the
zone, which will
the other hand, Austria and
for extension of service
is
vastly greater in
simply calculated to the limit have demanded cheap fares. If people were willing to
usually be a few miles more content themselves with a few trains which ran at
than the actual distance traversed. Second class rates inconvenient hours and at slow rates of speed, they
are twice those of third class, and first class rates three could have them cheaply.
This is seen in Hungary.
times third class. All baggage is charged extra at the It is seen to an even more marked extent in British
rate of about 1-10 cent per mile for 20 pounds. India.
In that country the rates for passengers are
distance
is
Express fares are fifty per cent extra. On the other
hand, working men's tickets and commutation tickets
are sold at about half regular fares.
Practically the
ordinary third class rates run as follows: Four aents
very
little
over half a cent a mile; but even in thickly-
settled districts of India there are not as a rule
more
than two trains each way per day. People have to
travel at the time which suits the railroad companyj
for every six miles, or fraction thereof, up to 30, six and since they are willing
to do so rather than to pay a
cents for each additional nine miles up to a total dis- few cents extra, the
company can obtain loads of 300
tanoe of 48, and thence at the rate of about ten cents and 400 passengers in
a train, and naturally enough
for each additional fifteen miles or fraction thereof.
can afford to carry them at very cheap rates. What is
The Hungarian system is on the same general basis true of India is true to a somewhat
less extent of Hunas the Austrian, but goes one step further and aban- gary, still less
so of Germany or Prance, and not at all
dons the equal mileage principle altogether. The rates of England or of the
United States. With us time is
for short distances are made extremely low, those for
money. A man would rather pay 10 cents or 25 cents
middle distances (say in the neighborhood of 100 miles) or even a dollar
more to have his train go at the right
are proportionately higher, while those for very long
time and to carry him at a rapid rate. Here, therefore,
distances again decr.iase.
Of course this is simply we have many trains in proportion to the population,
charging what the traffic will bear. Low rates are running at
relatively high speeds and carrying small
given for long distances to encourage travel where high numbers
of passengers at high rates.
rates would be prohibitory.
Special reductions are
The question may be asked whether, leaving the
Wide for short distances in the same way that our I train service as it now is,
we could not obtain better
January
24.
iSfcl
THE CnROJSlCLR
|
loads by charging lower rates, and whether the economy
thus obtained would not compensate* for the reduction
Thus
199
the shipments during 1890 were
tons, against
3.5,407,710 tons in
35,8.'>,'),174
1889, but an against
Leaving the latter year out
In certain cases it undoubtedly would; in 38,145,718 tons in 188H.
consideration,
the
output
has been steadily risoxperimouts
the
The
of
not.
the majority it probably would
In
that
since
1884.
twelve
ever
months' period
trying
to
introduce
ing
roads
in
of some of the Western
tons,
was
so
that
in
total
30,750,995
the interval of
by
rates
have
not
been
the
reduced
at
second-class tickets
an
increase
has
.been
of
years
there
somewhat
been
stimulated
six
over
Travel
has
successful.
any means
in price.
more by improvement in facilities and in speed than by five million tons, or not quite 17 per cent. This is not
So long as this remains the caso a very rapid rate of increase, but yet it shows growth.
reduction in rates.
the chief effort of railroad managers will be to improve It will be noticed, too, that for the whole of the eleven
their train service rather than to reduce their fares. years covered by the above table, the result is much the
That is, while there have been some quite noteIt would doubtless be pleasant to have American or same.
worthy fluctuations from year to year some just as
English train service at Hungarian or Indian rates
but that is out of the question. We can have what we marked as the great increase in 1888 and succeeding
on the whole the tendency has been
are willing to pay for. There is no evidence to show that drop in 1889
upward.
steadily
however
enlighteconomy,
any system of passenger
A distinction should be made between the figures
ened, will give us American trains at Hungarian fares.
Hungarian service at any fares whatsoever would be given in our statement, and which are the generally
the last thing which .the American traveling public accepted measure of the production, and the producTo get this latter we must take not only
tion itself.
would endure. ^^^__^__^_^__^^__
the shipments to market, as reported in Mr. Jones's
CHANGES ly ANTHRACITE COAL
regular monthly returns, but also the amount used at
PRODUCTION.
the mines for heating and steam, and likewise the coal
the
last
during
few
there
has
years
coal
In anthracite
used by employees and sold to the local trade at the
been a smaller rate of growth than in most other de- mines. The extent of these additions is given in the
partments of industry in the United States. This fol- Census Bulletin on Anthracite Coal, just issued. This
lows from the fact that the coal is found only over limited bulletin brings the information down only to the close
areas, and for manufacturing uses has to some extent of 1889, but as the data have been prepared under the
been displaced by soft coal even in the territory within direction of Mr. Jones (who was selected as especially
close reach of the anthracite fields and which furnishes competent for the work), they will prove useful in
Under these cir- supplementing the ordinary facts furnished by Mr.
the natural market for their product.
cumstances the demand is governed principally by the Jones. Moreover, we may suppose that these add-tions,
needs for family use, and these in turn depend mostly for consumption in and about the mines, do not vary
on the character of the weather. If we have a cold greatly from year to year. In brief, then, it may be
and severe winter, consumptive requirements are stated that while the shipments to market during the
greatly increased; if a comparatively warm and mild calendar year 1889 amounted to 35,407,710 tons, the
Now it so happens that we had in total production for that year, according to the Census
season, the reverse.
In other words, there
1888-9, and still more so in 1889-90, very moderate Bulletin, was 40,665,152 tons.
temperatures, and these coming after the extremely was consumed in and about the mines 5^ million tons.
severe and rigorous winter of 1887-88, when the con- Assuming that the amount in 1890 was about the same,
sumption of coal was abnormally stimulated, it was not the total output for the late year would exceed 41 milfound possible during 1889 and 1890 to maintain the lion tons.
very heavy production of 1888.
Eecurring to the shipments, which as said form the
Still, after the drop of nearly 2f million tons in pro- usually accepted, and in fact only available, basis for
duction during the calendar year 1889, as compared comparisons, it is quite interesting to note that while
with the high total of the calendar year 1888, there was the 1890 total falls 2^ million tons below the excepduring 1890 a partial recovery of the loss, and with the tionally heavy total of 1888, the shipments from both
exception of 1888 the late year's output is the largest the Schuylkill and the Lehigh regions are larger than
Mr. John H. Jones, the Chief of the in that year in truth the largest ever made the loss
ever reached.
Bureau of Anthracite Coal Statistics, has this week is- having fallen entirely upon the shippers from the
sued the usual monthly statement, showing the ship- Wyoming region. But there is nothing very remarkable
ments to market during December and the yeai", and by about this, when one recalls the facts bearing on the
using the figures there given, in connection with the situation. In 1888, not only was the demand excepfigures for previous years obtained in the same way, we tional in extent, but there were strikes in both th©
are able to furnish some interesting comparisons and Lehigh and Schuylkill regions, so that the Wyoming
results.
Here is a summary of the production (ship- region was favored to an extraordinary degree. A
ments) for each year back to 1879.
falling off in the shipments from that region therefore
A!)TIIR.VC1TE COAL 9HIP.MENT8 TO MABKET.
in the succeeding year, with a return to normal conStock) at
If we go a few years further
ditions, was only natural.
Tmn.
Tidewattr
H'vomfna. SchuyrkW.
hehi^h.
Total.
(Ibtu 0/ 8.^0 U».)
that even after the late decrease the
points end back we find
—
—
—
—
of Ytar.
Tom.
Totu.
1879..
1^538.898
1M19.279
8,9eOJ»2»
7,884,712
4,596.567
U80..
4,4«3.2«1
Tanr.
26,142,689
23,437,842
1881..
13,951.383
e,%3.9S8
8,294.676
28.800.01'
I88S..
13,971.371
9.4S9.288
0,689,437
29,120,096
lS,flM,4»2
10,074,788
6,113.809
31,798,087
186*..
15,716,488
9,478,314
18,836,470
9.488,426
5,568.226
6.896,688
30,73l),995
188S..
Tout.
31,628,889
1886..
17,031,826
9,881,407
5.723,199
38,186,862
1887..
l»,n84.0'39
10.809,028
4,347,060
1888..
2l,8Sa,3flB
10.6S4.ll6l
5,039,838
81,641,017
88,148,718
18,647,»!&
10.47t,364|
6,285.421
1B.1B7.KI14
lo.Hi^.HW
188»..
V
(I.,
'
38,407.710
."W.SW.t-l
Tom.
662.116
748.330
874.881
754.518
372,282
130,917
662.186
1,02«.1CT
Wyoming
region holds a very
much
heavier proportion
shipments than in former years.
The matter has a special interest in view of the figures
given by President McLeod in his report last week, to
of the total anthracite
show that the Reading, owing to insuflScient facilities,
had not been getting its full share of the business in
•
recent years, measured by old standards.
The Keading coal comes from the Schuylkill region,
and from a table contained in the Census Bulletin it
[Vol.
THE CHRONICLE.
140
region has been
that the percentage of that
wliole of the las three
steadily diminishing during the
inclusive,
For the period from 1820 to 1859,
decades.
of the
cent
52
per
-SI
the Schuylkill region furnished
the
to
1869
1860
from
years
total shipments ; in the ten
it
decade
next
the
in
cent
;
ratio dropped to 41-80 per
per
30-56
to
decade
last
the
dropped to 34-87, and in
but
The Lehigh region also suffered a decline,
cent.
the Wyoming
hand
other
the
on
while
only slight,
had only 26-28 per
region, which from 1820 to 1859
had 52-00 per
cent of the shipments, in 1880 to 1889
We find from an examination of our records
cent.
two years has
the Schuylkill region during the last
HE
.
TONNAGE.
1888.
Torn.
Tow.
Penn., N. T.andN.J.... 23.314,331 23,063,581
New England States.... 5,407.857 6,082.440
5,030,568
4,922,076
Western States
1,909,829
1.613,120
Southern States'
8,930
20.900
Paoiac Coast
Tbn».
21,830,504
6,590.972
5,387,700
19,967,789
5,064,775
3,707 118
2,!137,174
2.213,107
1,739.052
1,284,093
6,820
a4,635
090,498
38,423
1,188,730
49,065
31,793,027
1,094,736
1,956,405
Foreign
35,190
36,965
1.057,737
31,237
86.407,710
38,145,718
34,611,018
that
Tot^
Tom.
Toru.
22.508,082
Canada
•
1882.
1883.
1887.
1889.
LU.
1
616,875
49,735
(
t
29,120,076
Columbia.
Including Maryland, Delaware and District of
in recent years has been chiefly in
demand. Out of 3,614,683 tons increase
Hence the growth
the Western
2,385,000
in total shipments between 1883 and 1889,
in this
which
West,
the
to
tons was in the shipments
shipthe
in
increase
The
doubled.
almost
period
In
in ratio.
been regaining a small part of its loss
ments to Pennsylvania, New York and New Jersey
the
during
mines
Keadiug
1888, with the strike at the
during the same interval was only 484,000 tons. If
was at its lowest,
«arly part of the year, the percentage
we compare with 1882, the result is more favorable to
to 29-58 per
tons.
being 27-93 in 1889 there was a recovery
the Eastern section, the increase being 2,356,000
recovery to 30-31 per
cent, and now for 1890 a further
But even this is less than the increase in the shipments
as already said,
increase is
cent, the actual shipments in tons,
to the West for the same seven years, which
;
being the largest ever reached.
with the increase
It is a rather remarkable fact that
earlier years
in shipments to market as compared with
there
regions)
the
all
(we mean total shipments from
2,709,000 tons.
Shipments to the
New England
States
the
gained but slightly, but those to the South and to
decidedly.
Dominion of Canada, quite
As regards the present condition of the anthracite
decrease, in
they show
has been no increase whatever, but rather a
trade, so far as the statistics are a guide
This
tonnage.
competitive
in producwhat is called the Eastern
increase
The
ago.
year
a
over
improvement
as
with 1889,
Eastern competitive tonnage Mr. Jones defines
compared
as
in
1890,
tons
tion of 447,464
transit
was
"all coal which for final consumption or in
increase
This
story.
whole
the
tell
not
does
" reaches any point on the Hudson Kiver or the Bay
accompanied by a diminution in stocks at tidewater
"of New York, or which passes out of the capes of the points from 1,026,107 to 535,652 tons, while in the
'Delaware." This competitive tonnage for 1890 Mr. previous year there had been an augmentation in such
Jones reports as 11,792,317 tons, against 12,217,862 stocks from 652,156 tons to 1,026,107 tons. The result
tons for 1889, while in 1888 the amount was stated at
disposed of 36,345,620
is that actually the companies
The falling ofi from this
as much as 13,657,604 tons.
tons in 1889,
only
35,033,759
tons in 1890, against
notice.
latter total would not perhaps merit special
This
tons.
million
about
of
IJ
being an improvement
For in 1888 not only was the weather very cold, but, improvement was most pronounced in the closing
owing to the strikes at the mines and the difficulty of month of 1890, as may be seen from the subjoined
getting coal at the time, somewhat of a scare was pro-
duced, and m'any housekeepers and retail dealers doubtless laid in heavier supplies than they ordinarily do,
and more than they required for current needs. But
matter is, the Eastern competitive
not only from 1888 but also a
decline
tonnage shows a
recent year, as the following
other
every
from
decline
the fact
•will
of
the
indicate.
table.
January
1800
iIm
UM
SB;'
llgn
1885
1884
1888
1882
Tons.
11.P58.587
12,009,855
13,148,185
12,018,794
Thus, as against 11,792,317 tons for 1890, the Eastern
competitive tonnage for 1882 eight years before— was
as much as 12,018,764 tons. In these same eight years
1890.
1890.
of period
608,479
7bn».
771,334
Production
3,065,208
2,735,734
Total supply
St'k end of period
3.673,687
3,507,068
stock
EASTERN COMPETITIV, TOSITAOE.
7ont.
11.782.317
lg,217.8«2
13.867,80*
18.081,828
12,042.180
1 to Dec. 31.
^nthriuit* CoaL
beginning
Tonm.
535,652
1889.
1888.
Toru.
7bn».
1.10,977
653.156
1,026,107
2,703,923 35,855,171 35,407,710|88,145,718
T(m».
589,233
Tbnj.
1,028,10'
3,273,158 38,881,281 26,039,866 38,276,695
852,156
535,652 1,026,107]
652,136
2.480,981
2,621,000186,345,629 35,033,759 37,624.539
Disposed
of.
Thus
in December, 1890, the companies disposed of
658,000 tons more than in December, 1889, and 517,000
tons more than in December, 1888.
—
shipments increased about 6J millionWhile the mild weather of 1890 may in part ex
tons.
plain the decline in the competitive tonnage, in part
also no doubt it is referable to the substitution of soft
Whatever
coal for hard coal for manufacturing uses.
the true cause, in the falling off in the competitive
tonnage we have one reason, it would seem, for the
THE NOVEMBER NET EARNINGS.
total anthracite
unsatisfactory prices realized.
Our November exhibit of gross and net earnings reIt furnishes rather a
no new characteristics.
repetition of the old story with which we have become
veals
of late, namely increasing gross receipts,
accompanied by diminishing or unsatisfactory net reAs respects the gross earnings indeed, the comsults.
parison is somewhat better even than that indicated by
so familiar
(as given in our issue of December
and
there
is
13th),
every reason to feel satisfied with the
tion gone ? There is as yet no definite information on showing in that particular.
this point for 1890, but Mr. Jones has made up a stateIn brief, on the 122 roads which contribute returns
ment for the Census showing the distribution of the to our statement, there is a gain in gross of about 2f
shipments during 1889, according to geographical divi- million dollars ($2,745,833), or 5-08 per cent. What adds
sions.
We have succeeded in collecting similar figures especial significance to this improvement is the fact
for previous years, and hence are able to present the that it has occurred notwithstanding a number of adfollowing interesting comparison covering 1882, 1883, verse circumstances and conditions.
There were first
1887, 1888 and 1889.
of all the financial disturbances, which exercised such a
But if the Eastern competitive trade has taken less
rather than more coal, where has the increased produc-
our early statement
r
i
J
JANVART
THK CHRONlCUi
24, ISQl.J
Then there
widespread influence on general business.
Tvns a smaller cotton movement and also a smaller grain
29, 1890, against 27,700,245 bushels in the correspond-
Besides this,
the month in 1890 had one less working day than
the same month in 1889, there having been five Sundays against four. Finally, comparison is with a period
of very heavy totals, the increase in
NU iamlnti
Orau Earning:
Sovimbtr,
movement, the receipts of wheat and corn at the principal lake and river ports of the West aggregating only tmnUntA*)..
tW7(7«ro«la)..
20,480,159 bushels for the four weeks ending November inBavroada)..
ing four weeks of the year preceding.
141
November, 1889,
uee (to7 mtot).
ISWanroMb).
Vtar
Ttar
tnertattor
Year
aintn.
Prtced't.
Oktwm.
Oim.
I
(
+
Ttar
'
Prtet^t,
Dtrtatt.
•
18,»;i31613,W7,aM+
•
34,242,917 31.S20,«3S 4-2,7X2,88*
42.800,198 38,0S»,48D
4,710.718
40,8e6,gOH 4Uie4,4iO - 407,SM
I
'
I
•
»4,TSI
15.982,521 15,ia6,44«''|- 817.07S
14.208,011 16.ai8.laB-1.4M,0Se
A«
58,«76,SS4 4e,<»o,Ma 't-4,MS,ll8 l«.7Se,707 I«.Mr7#wU- 2,781
Sa,7a8,8M B4.oes,a» +2.74S.8S81 H.718.150 l»,ag8J03l- 147,848
In view of the amount of Increase in gross on the
it is hardly necessary to say that th&
roads as a whole,
some
of the individual roads are very heavy.
The Atchison
leads with $421,714 addition (this includ-
gains on
on the 107 roads then included in our statement having ing the St. Louis & San Francisco); then comes the
the Union Pacific
been no less than $4,045,148, to which therefore the Northern Pacific with $372,580
the
Southern
with
Pacific
$249,871
with $241,217 ;
present increase of 12,745,833 is additional.
Heading
with
the
the
Pennsylvania
$185,537
with
But while the gross results are very satisfactory, the
the
Canadian
Pacific
with
$167,067;
$150,490;
the
net results, as alreatly said, are far from being so.
lu
Chesapeake
Ohio
with
&
etc.
$110,605,
There
are
a
fact, with a gain in gross of 12,745,833, expenses have
of
roads
whose
gross
number
does
not
come
up
to
that
been augmented to such an extent that net has
;
;
;
actually been
reduced $147,843.
recapitulation of the totals for both
The following is a
November and the
eleven months ending with November.
January
Sovftnber.
(122 road:)
18M.
1889.
«
OrowMun'a
isfl,768,aa4
54,022,831
Op«r. exp...
87,052,511
34,168.838
Met earn '8 l«,n«,160 iB.sas.ws
1 to
Novtmber
80,
(116 rood*.)
Incnaae.
1890.
1889.
Incrtase.
t
t
*
1
2,745,833 575,830.857 631.338.839 43,902,213
9,8»3,67e 383,568,404 347,967.412 35,«01,»92
-147.843 101,761,453 183,871,227
8,390.220
of a year ago, but in only four cases
The Grand Trunk
is
the decrease large
Canada has a loss of
1148,650, the Burlington & Quincy a loss of $94,897,
the St. Paul a loss of $86,391 and the Wabash a loss
The annexed comprises all roads whose
of $63,548.
changes in gross earnings from last year exceed $40,000,
the gains being given first and then the losses.
The
in amount.
latter include
of
simply the four roads already mentioned,
ROIDS WITH LARQE GAINS IN NOVIMBEB G808S EABNIKGS
$421,714 Norfolk dc Western
Atchison & San Fran
$99,26S
Northern P.aciHc
372,680 Illinois Central
85,166
Union Pacific (9 roads)
249,871 Louis. & Nash
80,350
Southern Pacific (6 roads) 241,217 Rio Grande Western
73.697
185,537 Ccntralof New Jersey
PhUa & Reading
58,981
Pennsylvania.
167,067 Central of Georeia
47,75ff
Canadian PaciBc
160,490 Denver & Kio Grande.
47,481
110,665
CheB.dE Ohio
BOADS Wn-B LVBGE IX>8gBS IN NOTEXBEB 0BOS8 E,Ut\ING8.
Grand Tninkof Canada. .$148,650 Chic. Mil. A Bt. Paul
$86,391
Chic. Bui 1. & Quincy
94,897 Wabash
63,54&
. . .
If
the same thing had not been noted on previoojs
occasions this statement would make it evident that
increasing expenses have been a conspicuous and an
unfavorable feature all through the year.
Thus, for
. .
I
the eleven months to
November
an addition to
With such a satisfactory exhibit as to the gross, the
gross receipts of $43,992,218, the gain in net has been
only 18,390,226, expenses having run up over 35^ mil- meagre list of roads with large gains in net is all the
There are altogether only seven
lion dollars.
In the early part of the year, when the more noteworthy.
additions to gross earnings reached exceptional amounts, systems or companies whose improvement in net
the augmentation in expenses did not lead to an actual reaches as much as $40,000, and on only two of these
loss in net; in the last half of the year, however, losses is the increase in excess of $100,000, namely the Pennin net have been the rule.
The difference between the sylvania, which has $401,826 gain, and the Northern
The Central of New
first six months and the last six months is clearly Pacific, which has $240,186 gain.
.Tersey has $79,253 increase, the Southern Pacific sysbrought out in the following.
tem $65,495 increase, the Canadian Pacific $00,287, the
Qain iti~Cktxn in
Oro»» Eaniir,
Net Earninat.
ATnount.
T^.
Amount.
r.c. Chesapeake & Ohio $46,183 and the Norfolk & West30, with
>
January
February
MarcU
April
May
June
July
August
Beptember
October
Sovembcr
Out
,
$3,500,450
3,808.116
5,037,037
6,516,418
6,680,826
4,922,507
2,890,282
1,265.576
4,626,198
1,836,143
2,745,833
8-44
9-70
11-20
14-43
14-03
11-13
5-53
2-20
8-40
3-15
5^08
$1,554,376
803,598
1,271,818
1,948,884
2,355,239
1,496,824
Loss. 238,349
LO88.1,206,256
938,766
Loss. 315,810
Loss. 147,843
|
,
14-30
7 85
8-93
1481
15 81
11-71
1-32
5-47
4-50
1-36
0-74
months of July, August, September, October and November, only September does not show a
loss in net, though in none of the months was there a
decrease in gross.
If we take the results for the five
months, as given above, and aggregate them, we find
that in these five months, while there has been an inof the
ern $43,684.
SOADS WITH LABGE OAISS
IK NOTEMBEB NET EABNINOS.
Pennsylvania (E. P.* E.). $401,826 Canadian Faclflo
$60,287
Northern Pacific
240,186 Ches. & Ohio
46,18»
Central of New Jersey...
79,253 Norfolk <& Western
43,684
Southern Pacific (6 roads)
65,495
I
|
I
|
On
the other hand, there
is
quite an extensive list of
The Atchison and the
prominent among these,
the one having lost $293,330 and the other $188,294.
As both these systems were also mentioned above a?
having had very heavy additions to their gross, the factis
brought prominently to our attention that the
roads wioh large losses in net.
Union
Pacific are especially
nnfavorable
exhibit
as
respects
the
net
follows
crease of 13^ million dollars in gross earnings ($13,303,032), the net has fallen off nearly a million dollars— in
entirely
exact figures $969,492. The loss for November, however, is not as large as for the other months, being only
$147,843, this better showing following in part from the
has lost $103,840 ; the St. Paul, $85,533 ; the Central
of Georgia, $82,455 the Wabash, $78,908 ; the Erlanger roads, $77,339 ; the Erie, $62,938 ; the Ohio &
somewhat heavier addition to the gross reIn November of the previous year the improvement in gross, as already pointed out, reached exceptional proportions, and the net also then recorded a
decided increase.
Below we give a summary of the
$57,632, and the Louisville & Nashville,
should not be forgotten that some of these
roads had heavy gains in net a year ago, which of course
fact of a
ceipts.
from the heavy augmentation in expenses.
Besides these two systems, the Grand Trunk of Canada-
;
Mississippi,
$42,161.
It
modifies the significance of the present loss.
Louisville & Nashville then had $156,205
Thus the
increase
;
and net results for November of the last five the Ohio & Mississippi, $80,222 ; the Wabash, $124,467
;
years.
It will be observed that 1888 was the only year the
Erie, $89,890
the
the Erlanger roads, $62,985
when there was a decrease in either gross or net.
St. Paul, $128,142 ; the Atchison (without the San
gross
;
;
THE (JHROMCLR
142
Pacific, however,
Francisco), $261,772, &c. The Union
this.
as
well
as
had a loss last year
EARNINGS.
B0AD8 WITH LARGE LOS8K8 IN NOVEMBER NET
•- *78,908
$293,330 WabasU
AtchiRon A 8»n Fran
77,339
(iroads)
Union Pacific (9 roads)... 188,294 Cm.N.O.&T.P.
62,9dS
Western.
&
E.
L.
GrandTrunlc of Canada.. 103,840 N. Y.
57,W^
OMo&Mlss
.
8t.
Paul
§5'5??
:
82,4o.o
Central of Georgia
Louis.
&
. .
42,161
JJasb.
When we come to arrange the roads in groups we
case of only
find a loss in the November net in the
there was
October
in
whereas
three of the nine groups,
The
groups.
the
of
six
of
case
a falling off in the
group shows the largest diminution both
Southwestern
in ratio and amount.
The unfavorable
result for the
[Vol. LII.
Qrogg Eaminga.
Ifet
Baminoi.
Inc. or Dec.
1890.
1890.
*
P.
Pac. 8y8tem8..(19)
South 'nroad8(27)
Coal comp'nieB(8)
12,887,362! 11,863,3-17
Ba8t'n&Mid..(U)
Mexican road.. .(1)
329,691
2,203,964
292,098
66,768,664
64,022,831
19,716,160
19,863,993
—147,843J
0-74
lines. .(10) 160,814,729 151,617,360
49.691,788
48.495.269
+1,196,529
2-47
33,316,.360
30,096,346
10,819,805
Northwest'n..(12)
73,176,195
68,884,949
24,447,592
10,872,394
23.828,532
—52,689 0-48
+619.060 2-60
Southwestern
62,427,099
46,677,097
17,258,566
15,029,825
+2,226,741 14-82
Trunk
lines ..(10)
14,800,39ll
Mid. We8t'n..(2?)
Northwest'n..(12)
Southwestern. .(9)
3,285,715'
7,21*,59o!
5,531,622'
Total, 12i roads
Jan. 1
Trunk
6,3U,826
5.883.166
4,070,988
2,300,689
3,749,747
t
C
I
4,785,438
1,133,392
2,887,334
1,705,160
4,994,839
2,086,982
1,519,280
744,670
80,149
»
14,816,839
3,002,378
7,259,587
*,953,205
»
0-40
4,746,391
+19,047
1.108,978
+ 23.414 211
2,813.478
—126.144 4-48
—281,378 14-29
1,989.538
4,812,940
+181,89«| 3-78
2,189,027
1,431,041
—102,045
+88,245
+23,393
+28,726
721,177
61,423
4-66
617
S'24
66-86
to Dfc. 1
.
Mid. We8t'n..(20)
(7
on Pac. 8ystems..(19)
+821,971 1-88
123,424,252 114,870,454 44,664,455 43,732,484
Atchison of course exercises a controlling influence
7-84
Grande, South'n roads (26) 61,691,546 54,622..552 19,400,704 17.988,778 +1,411,1
this section, but in addition the Denver & Kio
15,019,425
+1,388.346 9-24
Coal<»mp'n'8..(8) 41,345.841 38,879,602 16,407,771
Rock Bast'n&Mld.dS) 25,838,815 23,659,914 8,455,264{ 7,824,814 +630,450 8-06
the Kansas City Fort Scott & Gulf and the Little
On Mexican road..(l) 3,397,031 3,330,365 727,508| 679,716 +147,792 26-49
oS.
falling
the
to
& Memphis have also contributed
Total, 116 road« 575,330,857 531,338,639 191,761,458 183,371,227 +8,390,226 4-58
Eio
the other hand, the Colorado Midland and the
MOTE.— INCLUDBD UNDBR THE HKAD OI—
Grande Western are able to present very favorable ex.
GeorKia Railroad.
St. Paul ft Duluth.
Trunk Linca:
Ga. Southern and Fla,
Wisconsin Ctintral.
ft O., East of Ohio.
net from B.
Jack. Tampa ft K. W.
hibits, the former having increased its
B. & O.. West of Ohio.
.
1
Clev.
cm.
Chic.
&
St.
Day. Ft.
lington Cedar Rapids
Central.
The
rest
& Northern and
have gains, the
St.
the Wisconsin
Paul
& Duluth
having increased from $.30,178 to $54,390.
The Southern group is another which shows dimiuished net, and while the returns from that section are
rather irregular, on the whole the exhibit cannot be re-
Wayne
,t
Southwestern.
li.
Trunk of Canada.
$31,474 to $58,869, and the latter from $61,557 to Grand
Chic. & Gd. Trunk.
Gd. Har. * Mil.
For the Northwestern group the loss is not N.Det.
$97,212.
Y. Lake Erie ft West'n
Ohio ft MissBissipi.
quite 80 large, but that group has suffered a decrease in Pennaylvaaia.
Wabaah (consol. system.)
gross as well as in net, no other group being distin.
Middle WesUm.
ne^
lower
Chlc. ft West Mien.
guished in that way. The roads recording
Cleveland Akron ft Col.
are the St. Paul, the Quincj, the Soo Road, the Bur. Cleveland ft Canton.
Chlo.
Atch.Top.A Santa Fe Sys.
Roads jointly owned J^.
St. L. A Han Fran. sya.
Roads jointly own. ii."
Pacific Suetems.
Canadian
Northern
-
Pacific.
Pacific.
Prescott ft Ariz. Cent.
Another
lines
U.P. sys.
garded as entirely satisfactory. Out of 27 roads 15 report diminished net, some in quite heavy amounts too,
the Louisville & Nashville, the Erlanger roads and the
Toledo Col. ft CIn.
Toledo ft Ohio Central.
Central Branch U. P.
Tol. ft O. C. Extension.
Tol. Peoria ft W.
Wheeling ft Lake Erie.
Leaven. Tup.
Central of Georgia being notable instances of this kind.
The loss follows usually from a great augmentation in
Burl. Cedar Rap. ft Nor.
Cedar Falls ft Minn.
expenses, and in the Central Georgia case it is known
that the augmentation is due to heavy outlays for im-
provements and betterments. Several roads, however,
make exceptionally good returns, more particularly the
Chesapeake & Ohio, the Norfolk & Western, the Georgia
Railroad, the Georgia Southern & Florida, the Nashville Chattanooga & St. Louis and the Savannah
Chlc. Burl, ft (^uincy.
Chic. Mil. ft St Paul.
Dubuque ft Sioux City,
Iowa Central
Keokuk ft Western.
Minn, ft St. Louis.
Minn. St. Paul ft S. 9. M.
Qulncy Omaha A K. C.
•
Memphis
ft Char.
Nash. ('hat. ft St. Lonifl.
New Orleans ft Gulf.
Norfolk ft Western.
Cglorado Midland.
Ohio River.
Denver ft Kio Grande.
Petersbure.
Kan. C. VI. 8. ft Mem.
Little Rock ft Memphis.* Rich, ft Petersburg.
Sav. Amer. ft Moot.
Rio Grande Western.
Det. Bay City ft Alpena.
San. Fran. A North. Pac.
Det. Lana. ft Nor.
So. Pac.— Pac. System.
ElKln Joliet ft Eastern,
Gal. Har. A S. A.
(•'lint ft Pere .vlarq.
Orand Banids ft Indiana. Louis. Western.
Morffan's La. & T.
Ctn. Rich, ft Ft. W., 4c.
N. Y. Tex. ft Mex.
IlllnolB Central.
Texas ft New Orleans.
Kanawha ft Michigan."
Union PacificLake E. Alliance A So.
Ore. Sh. L. A Utah Nor.
Brie
Western.
ft
Lake
OrCKon Ry ft Nav. Co.
Pittsb. Younas. ft Ash.
Union Pac. Den. ft Gulf.
8aK. Tusco. ft Huron.*
St. Joseph ft Grana Isl.
St. L. Alt. ft T. H., br'chs.
Xorthwestern.
Louisville ft Nashville.
Louisville N. O. A Texas.
Montana Union.
Mao. Alma
&
ft
South Carolina.
Tall, ft Coosa Valley.*
Tennessee Midland,
Wrlghtsv. ft Tennille.
Goal Companiea,
Buff.
Roch.
ft
PltM.
Central of
New Jersey
N. y. Sus.
West.
Heading.
Phila.
ft
ft
Summit Branch.
Lykens Valley.
Western N. Y. ft Penn.
West
Va. Central.
Eastern ft Middle.
Allegheny Valley.
Baltimore ft Potomac
Camden
ft Atlantic.
Cent. N. Bng. ft W.*
A Hudson.
ft New England.
New York ft Northern.
Southw, I.ehiKh
N. Y.
Burl.
Southern Roads.
Cape Fear ft Vad. Val.
Central ol Georgia.
ft West.
Northern Central.
Rome VVatertown & Ogd.
N. Y. Ontario
Chattanooga Union.
Staten Island.
Ches. ft Ohio.
Stony Clove ft C. Mt.
Cin. N. O. ft Tex Pac.
Ulster ft Delaware.
New Orl. ft Northeast. West Jersey.
Alabama ft VIcksburg.
Mexican Roads.
VicksburK Sh. ft Pac.
Empire ft UubUa.
Mexican National.
Flor. Cent. A Peninsula.
For the month only.
GOLD AND SILVER PRODUCTION IN
AND SINCE
1890
1851.
Americus & Montgomery.
A growing interest has of late years attached to every
but fact with reference to gold and silver production. We
here the very heavy improvement on the Pennsylvania all know the reason.
In Europe gold has developed
serves to conceal the unfavorable character of the returns great scarcity because of the added work given it to do
For besides the Pennsylvania only the since it became the only metal recognizable in interas a whole.
The trunk
lines
Detroit Grand
tem
have a
trifling increase in net,
Haven & Milwaukee and the Eastern sys- national trade; while in the United States a large pfirty
& Ohio have managed to add to has felt that silver needed nursing, and with that pur-
of the Baltimore
their net.
show heavy
All the rest of the roads in that group
and some also in gross.
The Middle Western roads have done a great deal better.
Seven of these show losses, but fifteen gains.
Among the Pacific roads, most of the lines in the IJnion
Pacific system show losses, as do also a few of those in
the Southern Pacific system, though the latter system
aa a whole has quite a respectable amount of gain. The
Northern Pacific and Canadian Pacific record note.
worthy improvement.
The Eastern and Middle
group comprises 14 roads, of which 6 report diminished
Among those which have enlarged their net, the
net.
Ontario & Western deserves special mention, its total for
November, 1890, being $49,111, against only $25,124 in
November, 1889. All the coal companies have increased
losses
their net with
in
net,
the exception of the Reading and the
Buffalo Rochester & Pittsburg.
The Central of New
Jersey has $581,941 net, against only $502,688 in
pose they have been experimenting with the white metal
Under such circumstances gold
monometallists naturally enough are pleased to see the
gold product increase, while our silver men feel a like
in currency matters.
over any evidence going to show that the
production of the white metal is keeping within limits
of easy consumption.
The production during 1890, if we may judge from
satisfaction
the figures which have been disclosed, appears to have
in
a measure
figures are
is
made up
for
1890 some further addition to
may be anticipated with
the world's annual gold supply
a fair degree of confidence, while the outturn of silver
will not show so rapid a development as during the last
two years, and may not differ very materially from the
of 1889.
This week Mr. Valentine, of Wells,
Fargo & Co., has issued his useful annual statement of
No- product
vember, 1889.
conformed to what we have assumed
the wish of the friends of each metal.
That is to
say, the promise at the moment is that when all the
Janvabt
THE CHRONICLE.
34, 1891.]
and silver. loud iind copper. |)rodiiction in the
imd TorritorieH west of tlie Missouri River. For
several years lie has siipplomented those United States
fignres by giving a similar statement with regard to
Consequently we have
gold and silver for Mexico.
to-day what ho calls an approximate statement of
the mining results of these two important products
We should add, however, that Mr.
for 1800.
Valentino's compilations for the United States have
gold
StiitpH
always been based upon the transportation movement,
but now the greater facilities aiforded by the extension
mining
of railroads into the
tine
says,
increased the
reports from
several
districts have,
difficulty
important
Mr. Valen-
verifying the
of
especially
localities,
U8
estimate was stated (the average worth of the
in 1890 being *l-04 per ounce), and conse(|uently, compared with 1889, the loss in production in
year's
dollar
ounces would be much greater than the loss in dollars.
Still, that conclusion may not be at all warranted.
It is a fair one from the face of the figures.
But, as
already remarked, Mr. Valentine says that his figures
for the production of Montana and Colorado are probably always exaggerated.
As those two States in 1889,
according to the Mint, produced 31 million oances out
of the total of 50 million ounces, it is obvions that
there is a field here for a possible error of considerable
magnitude, and if the error in 1889 was larger than in
1890, the comparison made might be quite defective.
yet the aggregate result That there was a considerable exaggeration in the
be relied on with reasonable statement for 1889 the Mint estimate subsequently
confidence as approximately correct, though he at the made public would seem to confirm.
We are sorry we are not able to present the Mint resame time asserts that statistics gathered in this way
The totals for each State turns of production for 1890 to-day. By having each
are liable to be exaggerated.
from Colorado and Montana
as shown, he thinks,
;
may
British Columbia and the month made up as it passes, and December completed
West Coast of Mexico, and covering gold, silver, lead through the use of the telegraph, it would seem to be
and copper) are as follows. We give for comparison easy for the Bureau to publish its statement very
near the first of January. We, of course, do not say this
similar figures of Mr. Valentine for previous years.
PRODCCT OP QOLD, SILVER, LEAD AMD COPPBR.
as a refiection on Mr. Leech, the present Director, for he
is a very efficient officer.
If we are not mistaken, his
1888.
1889.
1890.
St ateg an d Territories.
1887.
(including arrivals from
9
Callfomia
13,662,923
10,232,453
Nevada
Orcjcon
..
Wasnin^ton
Alaska
Idaho
MoutAna
Utah
Colorado
New
Me.ilco
Arizona
Dakota
Mexlro(W.C'8t8t'tce)
British Columbia..
..
950,000
160,000
609,000
8,240,000
25,483,275
7,637,730
23,293,000
4,229,23
5,771.550
3,058,605
762,035
556,154
report last year was
$
12,063, 468 12, ,842,757
12,305, .603 11 908,961
785,361
701, ,566
124. ,112
217,000
820, 000
845,100
3,<.85, COO 17,
11,761,114
9,240,530
1,036,000
279,000
762,811
344,600
13,8-24,500
32,376. 000 31, 726,923
34,814,955
830,013
12,'259,175
26,7.'55. .500 2!i. ,074,8=8
27,275,447
4.658.985
7.597,349
7,.'i57;
241
3,209 .279
9,
937,67 V
,803,027
,407,177
512,288
442,164
3,
5,123, ,868
2,943 932
1,196 623
479 400
3.045,561)
*249,423
361,555
Total
104,645,959 114,341.592 127677836 127,16fi,410
*In this year this represents the production of Te-tas.
The
gross yield for 1890, sho(vn above, segregated,
is
approximately as follows:
Per Cent,
25 29,00
Gold
Jimount,
$32,156,916
62.930,831
20,569,092
11,509,571
49 43,00
16 "loo
9 oSjoo
Silver
Copper
Lead
$127,166,410
All these results include, as stated, "British Colum-
"bia and receipts by express from the West Coast States
"of Mexico." Deducting these we have left for the
United States production in the " States and Territories
"west of the Missouri River," for the thirteen years
since 1877, the following amounts.
PRODUCTION IN STATES AND TERRITORIES WEST OP MISSODRI RIVER.
Lead.
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
Copper.
Silver.
9
3,452.C00
4.183,7691
5,742,3901
6,361,9021
8.008,1551
8,163.550
6.t31,091
8,562,f;91
9,185,192
9,631.073
11,263.630
14,593,823
11,509,571
898,000
1,195,000
4.055.037
5,683,921
6,080,252
7,838.036
9,276,755
10.362,746
18,281,490
14,793,763
20,669,092
Gold.
$
37,248,137
37,032,857
38,033,055
42.987,613
48,133,039
42,975,101,
37,576,030
31,470,262
32,559,067
30,653,959
29.011,318
27,810,640
43,529,92.1
25, 183, .'67
44,516,599
52,136,8511
50,833,8841
26,393,756
29,561,424
32,500,067
53,152.7-47'
29,i'87,702
64,808,6371
62,930,831
32.527,661
31,795,361
remembered that 1889 was a phenomenal
year for silver in the United States and Mexico.
The
above estimates the production of the United States for
made
importance in
is
extremely
the
earlier
than
discussions
desirable
as early as practicable.
it
has ever been
the day, that
of
to procure
the
it
information
In a reply by telegraph from
Director Leech to our request for his figures, he states
that the statistics are now being collected.
He adds
an opinion (though he is careful to say it is not founded
on knowledge) that the product has increased about ten
per cent.
This would give a result which evidently
does not favor the conclusion drawn above from a comof Mr. Valentine's estimates for the last two
and hence we do not think it safe to accept the
view that there has been any loss in the production of
.silver in the United States in 1890.
But although we cannot give the Mint results for
1890, it is desirable to present the Government figures
for the previous years.
For the years prior to and
including 1879 the trade unquestionably accepted Mr.
Valentine as the better authority.
Beginning with
1880 the Mint's estimates have been favored and followed; without doubt they are at present prepared with
all possible care, while Mr. Valentine states that there is
now an element of exaggeration liable to disturb the
accuracy of his results which did not formerly exist.
parison
years,
The subjoined compilation
gives the Mint's estimated
production of both gold and silver each year in ounces ;
also the commercial and coining value of silver.
USITBO STATES HINT'S ESTIMATE OF PRODUCTION 8INCG 1877.
Gold.
Production U.S.
It will be
1878
1879
1,880
that year in
made
But the gold and silver production of
the United States has become a fact of so much
before.
Fine
Ounces.
Silver.
Value.
Fine
Onnors.
Commerolal
Coining
Value.
Value.
2,476,,800 51, 200,000 34.960.000;
1,881,787 38. 900,(1(1(1 31,550,000
1,741, 500 3(i, IKXI.OOO 30,320,000
1.678,,612 34, 700.000 33,260,000
1,572,,187 32. 500,000 3t>,200,000
1,451,,250 30. 000,000 35,730,000
1,489,,950 30, 800,(KK) 37.800,000
1,538,,325 31, 800,000 39.910.000
1,693.,125 35 ,000,(XIO 39,440,(!00
1,596,,375 33 000,000 ,41.260,000
1,604,,841133 ,175,000 !45,780.(MX)
1.587 ,000 32 800,000 50,094„571
40,270,000
35,430,000
34.720,000
45,200,000
40,800,000
39,200,000
43,000,000
46,800,000
46,200,000
48,800,000
51,600,000
61,000,000
53,350,000
59,195,000
64,768,730
dollars (the dollars averaged at 94 cents 1S81
37,8.50,000
1882
41,120,000
per ounce) at 164,808,637.
The Mint estimate for the 1883
39,660.000
1884
42.070,000
year 1889 in coining values was 164,646,464 and in 1985
42,500,000
1886
39,230,000
ounces 50,094,571, or an increase in ounces over 1888 of 1887
40,410.000
1888
43,020,000'
about 4^ millions, after an increase of 4^ million ounces 1889
46.838.424i
in 1888 over 1887.
Now, however, according to Mr.
In the foregoing the Mint estimates of gold production
Valentine the product in dollars is only $63,930,831; for 1878 and 1879 were no doubt exaggerations. Those
moreover, the dollar in which this result is stated is of two years are given at $90,100,000 by the Mint and at
greater worth than the dollar in
which his previous only $69,046,292 by Mr. Valentine.
THE CHKONICLR
lU
I
Vol. LII.
These totals wear a hopeful look for gold production.
week, likewise
Mr. Valentine, in his circular of this
product in 1889 exceeds the product for everjt
The
his
reto
According
presents the production of Mexico.
one year, 1853,,
show a continued year in this statement. There was
turns the Mexican results for 1889-90
credited withi
was
Victoria
of
compared when the single colony
expansion, though the gain is slight in silver
million
pound«
about
at
valued
13i
the product, 3,150,021 ounces,
with the gain in 1889. This growth in
decline
the
im
figures
high
those
from
measure to the sterling. But
Mr. Valentine says, is owing in great
and
yet
evenj
rapid,
was
colony
that
of
production
Government of the
liberal and friendly policy of the Federal
at £4,383,-;
the kind every in 1875 it reached 1,095,787 ounces (valued
of
enterprises
afforded
has
Mexico, which
valued at(
ounces,
898,535
was
it
1882
in
and
the
that
148)
reasonable encouragement. He also adds
as if, after such a history,,;
seem
would
It
totals
£3,594,144.
The
prospects for the future are very bright.
modern appliances and modern machinery ought ta
for Mexico since 1876-77 are as follows.
bring that colony up again to fuller figures, and wo
PEODCCTION OP GOLD JiND SILVER IN MEXICO
thought tliat perhaps the 1888 increase, though small,,
Total.
Silver.
Gold.
Mexioo'8 Production.
afforded a promise that such was to be the event. But
$24,837,000
25,125,000
26,800,000
29,231,000
29,329.000
29,569,000
31,695.000
33,226.000
34,112,000
34,600,000
34,912,000
40.706,000
41,500,000
$747,000
1977-78..
1878-70..
1879-60..
1880-91..
1881-92..
1882-83..
1883-94..
1884-85..
1885-86..
1886-87..
1887-38..
1888-89..
1889-90..
891,00('
942,000
1,013,000
937,OC0
956,000
1,055,000
914,000
1,026,000
,'Vi7,000
1
1,031,000
1,040,000
1,100,000
Total-
It will
$25,584,000
26,006,000
27,74 ,000
30,2«7.«;00
30,266,000
30,525,000
32,750,01
34,140,000
35,138,000
35,647,000
35,913,000
41,746,000
42,600,000
decline
for 1889 a small
is
again reported.
aa
Still,
stated, the aggrtgate for all the colonies is satisfactory^
With regard to the silver production in Australia
there seems to be some little misconception on the part
The returns which oul
of the leading authorities.
Mint reports publish would indicate a very small contribution from that source to the world's supply of the
$12,689.000 $415,645,000 $429,334.000
white metal. But the figures of Mr, Hayter, who,
slowly
is
gold
of
output
the
that
be observed
the Government Statist, indicate a
is
as stated,
but steadily increasing. Silver production has also
been further developed, as already stated, but compared
with the previous year the gain has not been large in
1889-90, In 1888-89 the gain was 15,794,000, whereas
in 1889-90 it was only $794,000.
For Australia it is only a few weeks since we
received the figures of production from Mr. Hayter,
tbe Government Statist. The statement shows a steady
very
ever,
production,
considerable
being
sources.
part
in
He
made
gives
as
official
aggregate, how-
the
up
from
for
semi-official
1886 1,015,43S
Ntrw South Wales alone,
produced in
for the same colony, as estimated in "the
ounces
and
"office of the Government Statist at Melbourne,'
3,137,000 ounces in 1887 and 6,427,000 ounces in 1888,
valuing the product at 4s. per ounce. The same
increase in the gold and silver product down to the authority also gives nearly 50,000 ounces a year fox
The increase, so far as gold is Victoria and New Zealand.
have no later complete
latest dates given.
concerned, seemed to have been confined in 1889 almost
any of the provinces; but we notice that the
We
figures for
Comparing with 1886, the
to Queensland.
product in 1889 shows a gain of £1,188,377. The
full report (each colony being stated separately in
ounces and values) is as given below. The first 1 vo
columns present the total gold production since 18 iO,
the next two the production in 1889, and the last two
London Statist reports the product of the Broken Hili
Mine each week, which mine is in New South Wales.
Adding the weekly production as given by the Statis,
together (the two months ending with July 24 nol
being published on account, we believe, of some stop
page in the operations of the mine), we have an aggre^
the aggregates for the whole period.
gate for the ten months of 1890 from that source alont
of 3,466,242 ounces of silver, without including any o;
•vfholly
total
PBODUCT OF GOLD
IN
AUSTRALASIAN COLONIES.
During
1851 to 1889.
Colony.
EstlmatM
Eitlmat'd
Quantity.
Value.
Qaantltr.
£
Victoria....
N. So. Wales
9,9Jl,2(r2
3l),7T9.IC0
Ol.
614.819
112,918
QaeenBlaod.
8.088,7t5
lil,SlO,74'
710.2011
Oi.
222.513,886
W.
Australia
219,49'^
Total of Australia...
Tasmania
New Zealand
20,000
15,193
991.411
252,608
bijsra
8. Anatralla*
Total since 1851.
1888.
Value.
Estimat'd
Quantity.
Value.
B
Os.
S
2,159,356 56,250,798 225,003,102
408,150 10,011,150 37,187,280
2,590,731
6,828,891 28.901,478
78,»J0
812,608
1,070,351
70,.?66l
61,972
281,464
opening of this mine.
SILVER PRODUCT OF THE BROKEN HIL',
SUver.
Halt-j-ear
r
71,963,127 281,811,616
e32,889
9,031,866
11,421,817 44,843.633
1,503,489
33,050
SU3,211
6,e99,149
122,-80
808,780
Ore treated.
to—
Produced.
73,466,918 287,143,768
565,939|
2,154,646
11,825,028
45,652,413
November 25, 1886..
June 2. 1887
December 1,1887....
1.739,760
85,657,883 335,250,821
In 1888 there was progress in gold production in
almost every colony. In 1889 only Queensland, New
South Wales and New Zealand recorded any gain, and
for the latter the gain is very slight.
To show the relative situation in the whole of Australasia for a series of
we have made up the following statement from
years,
Mr. Hayter's reports
:
PRODUCT OP GOLD IK AUBTRALAglAN COLONIES.
Victoria.
New
Queens- »So. Aus-
So.
wales.
land.
tralia.
Tasma-
New
nia.
!Tot.
Aus-
Zealand. tralasia.
'
£
£
*
i«es
8.B94.141
US3
tau
3.240,1
3.111.47;j
188B....
a,»t»jKa
use
188?....
8,660.784
(.471.001
MW
9,fiao,io«
491,796
465.240
390,229
888,088
874,636
411,3*1
808,821
88»
»,45».88e
408,1501 8.590.731
1-
* iDdadei In 1888 and 1888
£
£
£
£
787,120
714,818
1,077,315
l,a68.S93
81,875
:8S,707
984.971
6.108.61S
62,91.')
178,9^6
160,404
973.774'
920,732
1,193.493
103.918
158.427
119,125
5,665,928
5.746.858
5.563,785
1,400.730
1«,410
163,682
799,370
5.430,520
1.686,760
2e6,l«0
110.012
147.154
122.780
801,066
6.709,055
0,580.709
80,893
72,373
922.946
890.37(1, 5.342,332
1
808.780
WMtern Aostralt* and tbe Northern
T«rrltorr,
31, 1888
November 30, 1888..
May 31, 1889
November 30, 1889..
May 31. 1890
November 30, 1S90..
452,861
Total, 414 years.
*
871,665
835,526
1,267,699
1,633,737
2.290,455
2.677,686
28,800
39,-89
54.336
68,545
73,421
84,205
74,954
May
AveraK
per ton
Oz.
Oz.
Tons.
10,397
18.411
,
tralasia
83,918,183 .123,720,115
* Xncludlnff Northern Territory.
MINE—NEW gOUTH WALES.
1
Total of Aus-
Tears.
the output under the head of silver and lead. Fron
the same source we have also made up the following as
the silver product of the Broken Hill Mine since th
83-8:
45-3!
44-1
41-0
42-1
39-0'
3,811,486
3.517,664
*45-3
145-3
46-9
20,234,531
44-«
r;.325,613
Increase ol yield due to nse of concentrates.
t
Estimated.
the output of only one company
But it indicates a very large item for the whole o
Australia which has been omitted .from all genera
At th
estimates of the world's silver production.
This, of course,
same time
it is
is
well to
remember that
this is not
ai
has beei
growing in importance since 1886, and reached abon
The inference also fron
6i- million ounces in 1888.
the figures we have given above is, that the output fo
1890 of all Australasia was less than in 1889, on accoun
absolutely
new
source of supply, because
it
some accident to the Broken Hill mine. Now, how
ever, the output is reported to be going on at the larg
of
January
THE CHRONICLE.
24, 1801.]
Sucli remarkable
rate of about 200,000 ounces a week.
Australia
may scon
tiiat
8ucce88 seems to indicate
become one
of the world's largest producers of silver.
have as yet received no new facts throwing light
of gold or silver in 1890 other
than those presented above. In our usual compilations,
which follow, we have revised the totals in the statement
of silver production for all years, beginning with 188(5,
80 as to incorporate the enlarged estimates for AustraAs to the other data given, they have been obtained
lia.
from the sources which we have indicated in our prev-
KILVEn— WORI.r>'8
Silver.
ious annual reports on the production of the precious
metals.
We should state that we are indebted to the
Director of the. Mint for the Russian figures for 1889.
It is to be said, however, that these returns came
A
18,53
1854.
1855.
Totea 61-86
10,330 4,041.322
10,330 4,011,32'/
103,300 4.041,322
20,661 4,041.322
80.991 4,041,322
2
1
Gold.
Produc-
Produotl'n
tlou in
Austialla.
lu Uuited
States.
£
£
3
Produc-
I
tlon In
Russia.
1
Produotl'n
5
Total
in Otlior
Countries.
Production
in World.
S
Total.
£
B
439.438
410,438
M
3.255.818
3.255,818
3.255,818
3,256,818
3,266,818
7,890.991
7,890,991
7,890.991
7.890,991
7,890,991
2,197,190 10,279,090
39,454,985
4.39,134
439.438
439,433
555,124
655.124
855,124
40,732,888
613,100 3,462,893
613,100 3,162,893
613,100, 3,483,893
613,190 3,402,893
613,190 3,462,893
8,734,579
9,251,108
10,077,554
10,594.083
10,645,736
7,606,280 21,226,365, 3,065,950 17,314,4e5
49,303,060
413,223
929.752
4,245,2731
4,245.27:)
1,756,19^1 4,215,273
2,272,727, 4.245,273
1831...
1832...
1883...
1884...
1835...
other
175,618 20,206,010, 2,775,620 17,575,010
Total 56-60
1874
1875
4
,A11
8.121,784
8,121,784
8,214,700
8,132.115
8,142,445
1853.
1850.
1800.
1861..
1^63..
1863..
1801..
1305..
3
Anstrslla
3,516.008
3,515,008
3,515,009
3,515,008
3.515,003
18.57
former year is counted in the succeeding year. The Total 71-75
1889 results are given at "34,868,815-37 grams, repre- 1876
1877
*'senting the sum of 30,024,373 roubles." These 1878
1879
34,868,815-37
grams "qual 1,227,382 ounces, and 1830
30,024,373 roubles equals 123,355,960 or £4,825,611.
Total 76-80
PEODUCTIOH.
M
61,GS0 20,927,025
1856.
PnODUOTIOX.
AOtrm'ny, oountrlM.
10,330 4.185,408
10.330 4,185.405
10,330 4,185.405
10.330 4,188,40^
10,330 4.185,40
through the United States Legation and are said to be
61-68
the quantity of pure gold produced from the mines Total
1806
"and brought to the Mint at St. Petersburg." Of 1367
1808
course tho amount " brought to the Mint" may not 1869
1870
represent the production of the same twelve months.
We state this, because there seems to be a fluctuation in Total 66-70
tho figures of production in Russia which does not 1871
1872
ai)pear quite natural, and may be accounted for on the 1873
GOtD—WOHJ-D'a
3
Mexico.
1851.
1853.
*•'
supposition that some years a portion of the yield of a
1
United
Btates.
We
upon the production
145
2,324,380
2,066,110
2,789,256
4,215,273
4,623,521
555,1-24
555,124
4,62:<,521
791,058
791.058
2,479,3391 4,623,521
2.479,339 4,023,521
3,305,78' 4,623,521
7>1,058
791.058
13,119,835 23,117,605
4,752,066
5,940,083
7,386.361
7,706,611
6,549,557
3,9 55,290 18,997,140
59,190,170
5,222.231
5.222,231
1,211, C03
15,139,941
5,2-22,231
1,241,003
1,211,003
1,211,603
3,924.011
3,921,011
4,024,041
4,124,011
4,121.011
6,208,015 20,120,205
84,771,086
1,088,1821 l,200,00->
1,185.7791 4.200,000
4.300,000
4,300,000
1,400,000
17,983,571
18.701.878
20.061.801
19,253,709
19,156,827
6,323,405 21,100,000
93,462,846
4,100,000
4,100,000
1,500.000
4,600,000
1,700,000
20,743,009
21,760,289
21,903.516
23,076,720
24,211,116
5,222,231
5,2 22,231
32,334,711 26,111,155
8,016,52M
8.223,110
9,339.05(.'
8,12»,752
8,099,174
4,678,360
5.092,959
5,131,011
5,191.116
5.537,190
42,107,615]25,631,736
8,881,298
9,669,421
9,513,868
10,082,615
10,661,157
71)1,053
3,799,438 11,280.183
3,799,188 12,003,323
3.799,488 11.693,406
3,799,488 11,693,406
3,799,488 13,519,362
1. •11,003
1,291,140
1,337,901
1,120,103
6,040.083 1,118,628
6,059,711; 1.031,157
0,1(J9.298 1,718.330
6.518,5541 1,815,521
6,861,870j 1,985,083
16.3-27.958
17.871,230
18.294,486
17,137,462
TotHl 81-85 19,813.389 31,622,522, 8,628,769 22,600,000 111,691,680
1851
1852
1853
1851...
1855
,.'
13,209,711 113,429,752
10.020,705 12,39«,694
12,U97,649 11,363,636
..
,.
£
1,500,000
1.500,000
1,500,000
1,500,000
3,315,03?
3,074,134
3,292.093
3,591,466
3,709,790
12,513,-258il2,39C.fii>4
..
£
£
I
1,780,388 11,303,630
17,959.0.59
29,514,086
31,491,556
27,508,865
1,500,000, 28,671,075
1880
1887
1883
1839
1S90
.,
10,537,190
11,021,171
12,330.372
13,350,708
14.000,000
7,017,934, 2,255,000 4,750,000
7.148,700 2.717,000; 4,800,000
7.-213,223! 3,295,000
8,410,3:10 3,911,000
8,574,380
3,911.000
5,000,000
5,200,000
5,200,000
21,590,124
25,719,934
27,738,595
30.878,038
31,685,330
Total '51-85. 49,711,711 60,950,412 16,982,5181 7,500,000 135,144,641
Total '86-00. 81.:i-',444i33,394.627 10,119,000 24,950,000 140,612.071
1856
If 57
18f8
1359
1860
THE
13,05P,984'll,363,C36
12,196,507 11,303,636
11,729.806 10,330,578
10,908,978 10.330,578
10,620,192 9,504,132
3,723,7361 1,500,000
3,899,4011 1,500,000'
3,847,0t)5 1,500,000
3,401,240; 1,500,000
3,351,624 1,500,1 00
29,640,356
28,959,544
27.408.109
26,200,796
24,984.948
Total '36-60. 58,520,527 52,892,5601 18,28d,666
7,500,000i 137,199,753
1861.
1862.
1863.
1861.
1865.
1,750,000
1,750,000
1,750,000
1,750,000
1,750,000
8,884,298, 3,275,021
8,099.174 3,285,777
8,204,463 3.282,871
9,524,793: 3,144,105
10,204,178, 10,998,900j 3,514,980
10,9^5,858
11,274,079
11,804,192
9,050,192
,
,
...
Total '61-65. 53,074,499 45,769,628 16,532,754
1866
1367
1868
1809
1870
,
j
10.456,794^11,053,719
10.031,910 10,085,912
10,481,073' 9,917,355
9.826,93 10.2-27,272
8,584,263 8,264,463;
24,845,177
24,109,030
24,601,526
24,375.090
26,190,058
8,750,000, 124,726,881
3.732.733
2,000,000
3,710,105, 2,000,000
3.819,206' 2,000,000
27,243,216
26,121.353
26,248,291
4,563.401: 2.000,000, 26,617.610
4,864,590 2,000,0001 23,713,310
TotiU '66-70. 49,371,613 50,148.75l|20,720,455 10,000,000, 130,243,819
9.f83,o05
9.039.057
8.3H0,828
7.275,138
6.9J8,91l
1871
1872
1P73
1871
1875
8.057,8511 5,400,373
2,000,000
5,192,090 2,000,000
4,554.632 2,000,000
7,917,521- 4,361,830 2,000,000
8,257,851 4,489,070 2,000,000
25,342,129
24,118.957
23,030,493
21,781,189
21,635,865
7.887,810
8.101,033
JBUSIJSrESS
OF
1890
IN ENGLAND.
[Communic-ited by our London Correspondent.]
The year 1890 has been a prosperous one In trade throughout the whole of the United Kingdom. It was free altogether
from the political alarms that a couple of years before disturbed enterprise, and although the value of money was high,
and credit towards the end was severely shaken, yet commercial business continued on an exceptional scale. The
volume of business indeed was larger than in any year in onr
history, though there is evidence that during the last two
months there was some falling off, and profits, though fairly
good, were not as generally satisfactory as in 1889. The traffic
returns of seventeen of our principal railway companies show
an increase in receipts of about 3»s per cent over an increase in
1889 of about a}4 per cent, itself an increase of nearly 2>4 per
cent over 1887, and that again an increase of i\i per cent over
For four years in succession, then, the railway receipts
United Kingdom showed a continuous increase. The
London Clearing-House returns for last year, furthermore, are
larger even than those of 1889, which were previously the
largest in our history. They amount altogether to £7,801,480,000,
an increase over the preceding year of £183,282,000, or about
1886.
rotal '71-75. 41,517,872 40,252,060 21,197,995 10.000,000,115,907,933
1876
1877
1878
1879
1880
4,620,310
8,860.050
9,297,521
8,057.851
6,150,442
5.568,783
5,999,105
5,949,108
6,209,361
2,000,000
21,637.702
22,494,585
21,812.209
20,738,539
21,211,316
5,628,231' 2,0 lO.OOO
5,785,253
6,869,835; 5,919,506
6,809,835 5,932,120
2,000,000
2,000.(00
2,200.000
Total' 76-80. 29,882,889 39,933,992 27,835,47010,200,000,107,924,351
1881.
1882.
1883.
6,257,121
6,108,615
5,065,928
,1834.
'1885.
5.746,2.59
6,611,570
6.198,347
5,047.737
4.931,391
5,785,124, 4,835.733
0,363,030 4,.507,914
6,570,248 5,235,169:
5,563.735
20,416,428
,500,000
,500.000
,500.000
,5(0,000
,500,000
19,73'H,3S3
18,780,785
19,117.809
19,839,202
of the
2?^ per cent. The clearings for 1889 showed an increase of
about 9 per cent over those of 1888, which in turn showed an
increase of about 30 per cent over those of 1887.
There has been little speculation in trade. At the end
was considerable speculation in iron, particuGlasgow market, but early in the past year the
1886...
5,342,332' 7,231,405 4,239,236
,0.50.000 19,462,993
of
il887...
5,480,520) 6,318,181 1,134,0.!8
,700,000 19,182,729 speculation broke down, owing partly to the dearness
1333...
5,709,055; 6,854,339 4,435,902
,500,000 20,199.296 money and partly to a constant falling off in the orders for
13-*9...
6,530,709, 6,776,860 4,825,811
__
,100,0001 2-2,233.180
18U0 ...
6,530,703 7,30O,0O0i 4,325,611
During the first quarter of the year there was a
,100,000 22,750,320 new ships.
This fall continued, and
Total -SeStO. 29.593.325 34,930,785 22,510,403 17,030,000 104,131,518 great fall in the price of pig iron.
Note.— The production of QueensHnd for the years 1851 to 1877 at the end of the year the price was nearly as low as at the
inclnsiro £10.299,386) was i^ven as a single item at the olnse of 1877.
pig iron was
We bare, however, divided it equally among the years named, adding end of 1888. At the very close of 1888 Scotch
to each of those years' production £'381,477.
quoted 4l8. 5d, per ton, at the end of 1889 it had risen to 653
Total '81-85. 29,341,703 31,528,925 24,357,944'l2,500,000
97,928^77
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of 1889 there
larly in the
THE CHRONlCIJi
146
the end of the past year it had fallen once more to 46s.
and generally there has been little advance in
during
the year. The most notable recovery was in
prices
copper, which at the time of the crash in Paris fell below £35
per ton, recovered at the end of 1889 to about £50 lOs. per ton,
6d., at
3d. per ton,
rose at the beginning of the autumn to over £60,
last year at about £53 per ton.
Ship-building has again been very active.
and closed
Towards the end
of 1887 a strong demand for freights set in, new orders were
placed at our ship-building ports in great numbers, and prices
There was a large construction in
rose considerably.
1888,
a far larger one in 1889, and
last
year the out-turn was
nearly as large as in 1889. The total amounted to 1,283,333
tons, against 1,300,933 tons in 1889, a decline of no more than
17,600 tons. Of the ships built, the largest proportion of
course was for our own Government and our own ship-owners;
but on foreign account the tonnage amounted to 92,665 tons
on the Clyde alone. Eighteen steamers were built for Norway, thirteen for Germany, eight for France, four each for
Belgium and Spain and one each for Greece and Portugal. A
result of the extraordinary activity in ship-building during the
past three years has been a great falling off in the year just
ended in the orders for new ships and a stiU greater decline
in freights. The decline began in the early spring, and has
continued ever since, until now freights are as low as at
the very worst period of the depression between 1884 and
The difficulties of ship-owners are aggravated by the
high prices of coal and labor, and the enhancement in working
1887.
expenses. It seems natural to conclude, therefore, judging
from experience, that present conditions are favorable to a
period of depression in the ship-building trade.
Employment has been abundant all through the year, and
wages in most industries have further risen. Indeed, one of
the marked features of the year has been the unrest of the
working clasees all over Europe, the strength displayed by the
labor organizations and the sympathy evinced for the demands
of the work people by the general public. In the coal trade,
more particularly, miners have been able to exact further considerable advances. At the very beginning of the year those
of the North of England were conceded a rise of 10 per cent,
making an increase of 30 per cent in fifteen months. In
April a demand for another 10 per cent was made, but after a
very short struggle in some places, and no strike at all in
others, the employers gave way, the men getting an immediate
advance of 5 per cent, and a further advance of the same
The employers, finding by exof the labor organizations, determined to
establish a great coal-owners" federation, and now employers
and employed are organized in two combinations, each watching for an opportunity to put forth its whole strength with
effect. In the shipping trade there has also been much agitation
amount on the first
perience the power
of August.
the ship-owners being organized on their side in one great federation, while the employees are less efficiently organized
than the coal miners. From time to time throughout the year
we have been threatened with a lock-out by the owners. But
the threat has evidently been little more than a feeler, for it is
[V
u
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\
however, has been that Lancashire has done a larger business
this year than in the preceding year, and the profits also have
been better.
The agricultural year was not a favorable one. It is true,
indeed, that the wheat crop was largo— larger than at the
time was generally believed and some of the best judges are
of opinion that the yield, taking the whole United Kingdom
together, was not much under thirty-one bushels per acre, comparing with less than thirty bushels in 1889 and not much over
twenty-nine bushels in 1888. But the condition of the grain
was soft, and altogether the crop was a disappointing one.
So were the other grain crops, the hay crop and the potato
crop. The latter, more particularly, has suffered much from
disease and on the west coast of Ireland has been almost enStill agricultural produce has commanded a
tirely a failure.
better price than for several years past, and the prosjjerity of
the commercial and industrial classes has led to an increased
consumption of such produce. The position, therefore, of
our farmers has improved somewhat, though perhaps not as
much as was generally hoped it would at the beginning of the
year. The position of the land-owners is little better, if we
may judge from the low prices obtained for land, and espec-
—
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from the smallness of the demand for agricultural
Not only have rents further fallen, but tenants are as
difficult to get as at any time throughout the depression.
The Board of Trade returns for December and for the
twelve months of last year have been issued this week, and
they show for the month an increase in the value of the imially
farms.
ports of £1,137,240
there
—^almost 3 per cent.
were only four Sundays
last
Bearing in mind that
December, while there
December 1889, a considerable reduction from
this increase must be made, and as there was a large decline
in November, it seems clear that the crisis through which we
have passed checked imports. At the same time it is to be
borne in mind that the imports have shown a tendency to decline all through the year. Compared with 1889 there was a
falling-off in them in February, March, April, May, July,
August, October, and November, or in eight out of the twelve
were
five in
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For the whole year, nevertheless, the decline in
value is not great, amounting to £6,709,747, or a little over 1}4
per cent. In the export trade the movements were different
from those in imports. There were increases for tiie whole-^
year in ten out of the twelve months. The increase for December in the value of the exports of British and Irish prod- J
duce and manufactures was only £382,600, or a little under i*
per cent, which really means a falling-off, considering that
there was one more working day. For the whole year there-
months.
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is
an increase of £14,607,305, or about 5Jg per cent.
The money market all through the year was disturbed, and
.
at times panicky, in consequence of the crisis in the River Plat*^;
countries, and the difficulties in which the financial houses."
i
were plunged that had brought out Argentine and Uruguayan
issues in this market. The crisis in the Argentine Republic
became acute in the second half of 1889, a panic occurring on
the Buenos Ayres Exchange in September and failures being
numerous, prices dropping disastrously, and the depreciation
of the currency proceeded at a very rapid rate. The efforts of
the Argentine Government to get gold compelled the Bank of
England on the next to the last day of 1889 to raise its rate of
discount to 6 per cent. At that the rate remained till the 20tb
of February, when it was reduced to 5 per cent, and then by
cannot be ventured on, especially when no
provocation has been given.
The cotton trade has been tried sev erely during the year,
first, by an attempt to corner the market for the raw material,
which, after running up the price unduly, and causing many
mills to work short-time, broke down, the party who was the successive reductions of
3^ per cent— gradually to 3 per cent; it
leading spirit in the attempt having to suspend payment. rose soon to 4 and 5 per cent, then was put down to 4 per cent,
The second cause of trial has been the fluctuations in silver only to be raised again rapidly to 5 per cent and 6 per cent,
due to the SUver act passed by the American Congress last and finally was lowered to 5 per cent. During the year there
session.
The sudden rise in the metal was followed, of course, were no fewer than eleven changes in the Bank rate of
by a proportionate rise in the Indian exchanges upon London, discount, which was 6 per cent twice, 5 per cent four times,
stimulating
exports
of
cotton
piece
goods from and never was lower than 3 per cent. The average Bank rate
this
country
in
immense quantities.
Native
deal- for the year was a trifle over 4J^ per cent and the average
quite clear that
'i
—
in
India,
particularly
those
of
Calcutta
and rate in the outside market was only a little under 3^' per cent.
Bombay, had, however, bought from European im- The average of both the Bank and
the open market rate was
porters and agents considerable quantities just previously, about
1 per cent higher
than for 1889, when money,
and had been unable materially to reduce their stocks. The it will be recollected, was both
scarce and dear. The market,
large exports from this country threatened to break down the it will be seen,
was exceptionally stringent .during the past
market and to pltmge the native dealers in ruin. On the other year.
hand, the rise in exchange checked exports from India, and to
The Argentine crisis grew more and more acute as 189tf
eome extent, consequently, lessened India's ability to buy Euro- wore away. Shortly after
midsummer it was aggravated by
pean goods. In the first week in September there was a sharp a revolutionary movement
in Buenos Ayres, attended by mudl
fall in silver, and consequently in the Indian exchanges,
re- bloodshed.
The movement was put down, but after a Uttle
versing the former state of things, and more or less demoral- while the
President resigned and was succeeded by Vice-PresL
izing all the trades with the silver-using countries. The
result,
dent PeUigrini. For a while it was hoped that tha change
ers
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jANUAHf
THE CHRONICLK
24, 1891.]
Oovornmcnt would
lend
to
improvement, but soon
an
it
beranie apparent tliat niuladininistration. corruption, overborrowing and over-issuing of iwper, as well aa over-apeculation.-liad l)een carried too far, and that the cri^i9 must work
In September apprehension bcRan to be excited
itadf out.
here by the magnitude of the scale upon wliich consols were
beioK sold. The apprehension deepened into alarm in October, rwmors getting into circulation tliat nearly all the houses
connected with the River Plate were in more or leas diflSculty.
Then rumor fixed upon certain names yet it is remarkable
even while suspicion was wildest, and while so
that
:
many names were bandied
about, very
little
was
said
of
Messrs. Baring Brothers. It was assumed that they were too
strong to lie seriously embarrassed. Suddenly, however, it
became known to a very few that Messrs. Baring Brothers
had to apply for assistance to the Bank of England. They
had obtained all the help from their own bankers that the
latter could venture to give, and then they had to apply to
Messrs. Glyn Mills, a banking firm with which they have long
been connected. Mr. Currie of that firm, after giving some
aasistance and examining the books of Messrs. Baring Brothers,
came to the conclusion that there was no course but to apply
147
ways nearly two millions and foreign and .American railways
amounting to nearly 20 millions sterling.
On the Stock Exchange the year was the miytt nnf ortnnate
perhaps since 18B1. The dearness and scarcity of money in
.January and February checked business. Then the Egyptian
conversion loan, the decline in the Bank rate, leading to the
hope that after all the money market would ba easy throughout the summer, and the intrmluction of the Silver bill in the
United States Congress, all stimulated speculation in April.
There was very active business for about six weeks, with a rise
in almost all departments, the chief rise, however, being in
American railroad securities and silver securities. In June
the increasing gravity of the Argentine crisis led to a fall.
There wiis a recovery, however, in August, owing to the
actual passing of the Silver act. But again prices gave wa y
as apprehension began to spread, and there was a disastrous
Argentine, Urufall throughout October and November.
guayan, American and silver securities fell ruinously, but the
foreign department was wonderfully well sustained, chiefly
There was only a slight deby the buoyant spirit of Paris.
cline, too, considering all the circumstances, in British railway
stocks, and even the miscellaneous department did not suffer
After the Baring collapse, there was somewhat of a
greatly.
recovery, followed quickly by a fall on renewed apprehension
in the United States, and for the closing weeks of the year
scarcely any business was done upon the Stock Exchange.
The number of failures has not been great. At one settlement
eight members of the Stock Exchange were declared defaulters, at another four, and since then there have been failures
But lately the suspenof one, two, three and four at a time.
sions have not been of any serious magnitude.
Outside the Stock Exchange the declared suspensions have
been very few; but two or three important houses have had
to make compromises with their creditors, and both inside
and outside the Stock Exchange the number of firms and individual traders that have had to be helped is very large indeed. Although keen alarm has subsided, there remains a
feeling of distrust and uneasiness, credit has been shaken, and
any accident might again aroxise serious apprehension. The
Government of the Argentine Republic has had to accept the
proposals of the London Comuittee, which practically means
that it is unable to keep its engagements, and will have
to give its creditors paper instead of money for the
Two Argentine provinces have alnext three years.
ready defaulted, and everybody expects that the others,
as well as the municipalities, will all default except perhaps the great province of Buenos Ay res. Two railway companies have likewise been unable to pay the January interest
upon their bonds another, though unable for the time being,
promises to pay next month, and a fourth has paid only part.
There is much fear that other railway companies are in no
better position, and there is a question, and a very serious one>
as to the position of railway contractors who have undertaken
to pay the interest during the construction of the lines, and
who of course in the present state of the market cannot hope to
sell the bonds handed to them in payment for the work done.
Over and above this is the question of trading bouses, as wellas financial houses, connected with the River Plate. The position of Uruguay is little, if any, better than that of the Argen-
Bank of England.
Immediately the Bank took measures to obtain a loan of
three millions sterling from the Bank of France and a further
sum of \^ millions sterling from the Imperial Bank of Russia.
It also put itself in commuuicatiou wilh the Chancellor of the
Exchequer, who, it is said, at first recommended an application for th« suspension of the Bank Charter Act. The Governor of the Bank, however, was unwilling to make the application, and finally the Chancellor undertook to give whatever assistance might be necessary. Meantime the Bank of
England eneaged to meet all the acceptances of Messrs. Baring
Brothers, provided the joint-stock and private banks formed
a guarantee fund of at least four millions sterling. The banks
readily undertook to do so, and in a very few days a fund of
over 16 millions was subscribed. It was not until the Friday
evening when applications were made to the joint-stock and
private banks with respect to the guarantee fund that the
news became at all common in the city, and it was not until
Saturday morning that it was generally known. The announcement then made, that the Bank would undertake to pay
all acceptances, prevented any serious alarm, but some managers of the joint-stock banks injudiciously began to call in
loans, compelling bill-brokers and discount houses to apply to
the Bank of England for accommodation on an immense
This action of the joint-stock banks very nearly prescale.
cipitated a panic. Indeed, on the Wednesday a panic was so
imminent that the Governor of the Bank of England called
together the managers of the joint-stock banks, and addressed
them in language very unusual from a Governor to the representatives of the other banks. His intervention was successful, the banks began to lend and discount once more, and confidence returned. The old house of Baring Brothers has gone
into liquidation, but a new joint stock company, composed of
some of the partners in the old houses, and some members of
houses tljat had long been connected with it, has been started
to carry on the merchant banking business of the old firm.
New loans and companies continued to come out in rapid
succession during the first half of the year, but the public did tine Republic.
not apply, and most of the issues were more or less a failure.
The movements of gold during the year have been large
In the second half of the year the new issues rapidly dried up, and of great impDrtance. There was a strong demand for
and for the last three months scarcely any were brought out. South America, Germany, Spain and India, with occasional
The aggregate for the twelve months appears very large demands for the United States, South Africa and Egypt. The
nevertheless, in round figures 162 millions sterling, against Bank of England, however, held so small a stock that it re182^-j millions sterling in the previous year.
But it is to be fused to part with bar gold. The withdrawals, therefore,
recollected that a very large proportion of the loans was con- have been mamly in. foreign coin American, French and
versions, not fresh applications for capital. Thus there were German. On the other hand, the Bank of England received
two Russian conversion loans, announting together to about larg^ amounts from New York, Paris and St. Petersburg, as
26 millions sterling; there were two Egyptian conversion loans, well as from Australia and South America. The receipts
amounting together to about 36^ millions, and there were a from Australia and South America were in British sovereigns,
(ew small conversion loans. Deducting the conversion loans those from St. Petersburg in Russian gold coin, and those from
and a Mexican loan which was subscribed chiefly in G«r1nany, New York and Paris in bar gold. The total imports were
to the
•
;
—
the
new
applications of the year
millions sterling.
From
those mdustrial concerns
this
amounted
sum
to only about 85
again has to be deducted
which were sold by private owners
new companies and which were more
£33,900,000
and the
£9,650,000 therefore
total
exports £14.2.50.000.
were received.
But
it
is
On
balance
to be recol-
lected that three millions sterling are payable to the
Bank
France on the 10th of Februarv and that the Imperial
It is very doubtful whether even half the new capital asked
Bank of Russia may also take a million and a half if it pleases.
for was supplied.
Of the really new applications, Indian and
The price of silver opened in January last at 44d. per ounce,
colonial loans amounted to about 18 millions sterling, British there having been in the previous year large purchases for the
railways to about a millions sterling. Indian and colonial rail- British Mint and large imports into India, while American
to
or less conversions.
of
THE
148
CHi£,0]NlCLi!^
was on an unubual scale. In February the report
that Congress would pass a hill to increase the purchases in
America gave such a fillip to the market that at one time
in April, after the bill had been introduced, the price rose to
48d. per ounce. Then there was a fall, but again in June the
price touched 49d. per ounce. The highest point of the year
was reached on September 3, when the price was 54?^d. per
speculation
ounce, a price higher than had been reached for twelve years
previously. During the 'next five or six weeks there was a
rapid fall to 45d. per ounce, and subsequent recovery to between 47d. and 48d. per ounce at the end of the year. The
lowest price of the year was 435^d. on the 11th of March, and
the highest, as already said, 545^d. on the 3d of September, a
difference of over 20 per cent. During the year American
operators have undoubtedly been the largest purchasers in
this market, resulting in an accumulation of a very large
stock in America. But the British Mint was also a considerable purchaser, as were likewise Russia and Spain. India,
notwithstanding the large imports of 1889, was again a considerable buyer last year, though frequently India refused to
purchase at the market quotations, and retired altogether
sometimes for weeks.
We subjoin the usual statistical statements.
The exports
of iron
and
1890
Other
Pig Iron.
Kails.
QnANTITIES.
Cotton yarn
Piece goods
Jute jam
Piece goods
Linen yarn
Piece goods
Tons.
1,145,H12
1,190,371
1,036,319
1,158,174
1.044,257
960,931
1,269,576
1,564,048
1,758,072
1,480,196
1,632,343
1,223,436
Tons.
1,037,241
1,089,992
1 ,020,002
1,011,779
Tons.
1,818.426
1
,905,9
Tods.
4,001,579
4,18C,182
3,960,563
4,143,038
3,389,197
3,130,G8o
3,496,991
4,043,308
4,353,552
3,820,315
3,792,993
2,883,484
2,29G,86o
2,346,37o
2,224,47n
1
1,910.242
1,973,075
1,605,289
1,455,475
1,497,439
1,508,095
1,658,531
1,517,458
1,466,055
1,196,170
933,193
905,285
899,809
963,498
621,741
1,030,734
Woolen yam
Woolen tissues
Worsted ti"sues
1889.
255,846,100
lbs.
yds. 5,038,307,700
26,582,800
231,510,800
14,710.500
176,717,800
42,630,500
87,261,400
148,186,500
11)8.
yds.
lbs.
yds.
lbs.
yds.
yds.
VALUES.
1890.
252,435,800
5,001,239,100
34,179,200
265.084,700
13,914,700
180,630,200
45,360,000
69,154,900
171,653,800
11,657,489
52,582,558
272,813
2,080,700
887,383
4,199,840
4,051,980
8,300,S41
7,711,861
Woolen fabrics
Worsted fabrics
258 ,423,700
34 ,513,300
273 ,441,400
15 ,283,200
184 ,095,200
41 ,084,900
56;,501,900
172 ,434,400
£
11,711,749
51,388,273
409,651
2,730,344
849,263
4,309,980
4,341,514
12 ,351,960
54 ,152,302
387,966
,624,217
865,766
,261,588
,0-8,564
,013,884
,331,043
6,523,9ii2
10,626,963
The complete trade figures of exports and imports
from Great Britain for three years are as below.
to
and
1890.
263,542,500
64,349,001
Total exports
Imports.
Total merchandise
327,891, t91
i?dtol889ati374!i;i2.
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follow-ing table gives
JUntish and Irish produce:
1890,
64,939,775
64,613,447
313,031,734
298,347,381
•427,210,830 '386,582,026
^
month by month the
12 BontkS.. 263,842,500
248,935,195
December
exports of
1889.
20,5*7,037
18 670 352
21,459,490
10,634,715
20,421.394
18,696,717
22.124.506
21.399.507
19,692,615
23,080,856
22,270,038
21.001,670
Kovember....
+
+
1,000,454
1,595,682
—
—
391,706
46H,791
678,614
—
590,684
+
—
+
+
+
—
—
—
Per Ct.
]
£
£
38,143,830
31,018,842
36,140.334
35,680,242
33,341,005
32.926,295
33,082,639
31,322,897
35,551,688
37,746,236
37,152,273
39,434,448
38,058,318
32,340,096
36,265,387
37,255,785
34,835,408
29,326,994
35,903,518
32,937,088
33,406,985
38,230,614
41,337,091
38,297,208
12 months.. 420,885,695
427.595,442
April
May
Jime
July
August
September
October
November....
December
....
•91
;
£
Imports.
January
February
March
14-86
0-72
5-33
12-81
3-78
13-28
11-89
23-55
53-11
5-98
8-82
1-17
—
of import trade is given below
OQO
r,:flF'....nn.
^
1890
1889.
Jifferenocs.
The conaparison
table
+
—
—
—
—
—
-t-
+
—
-h
85,532
1,321,254
125,053
1,575,543
1,494,403
3,599,301
2,820,889
1,614,191
2,144,703
484,378
4,184,818
1,137,240
+
—
—
—
—
+
—
—
0-22
4-08
0-34
4-23
4-29
12-27
7-85
4-90
6-41
1-27
10-12
2-97
+
—
+
1-57
6,709,747
shows the Bank of England rate of
in-
BANK OP ENGLAND RATE OF INTEREST.
Rate Number
per of days.
Year.
I
May 10 to Sept.
13.
Sept. 13 to Sept. 27.
Sept. 27 to Dec. 31.
cent.
24 days
21 days
1 4 days
71 daya
126 days
14 days
95 davp
4
3>s
3
18S7 (Con' J.)
Mar. 24 to Apl. 14
Apl. 14 to Apl. 28.
"
Apl.
28 to Aug. 4.
Aug. 4 to sept. 1
Sept 1 to Deo. 31.
Jan.
Jan.
Feb.
1884.
1 to Feb.
38
35
20
78
112
20
7
56
3
7.
7 to Mar. 13.
Mar. 13 to Apr. 2. 3
Apr.
2 to June 19.
Juno 19 to Oct. 9. 2
9 to Oct. 29. 3
Oct.
Oct. 29 to Nov. 5.
Nov. 5 to Dec. 31.
1885.
Jan.
1 to Jan.
Jan. 29 to Mar.
Mar. 19 to May
May 7 to May
May 14 to May
4
5
days
days
days
days
days
days
days
5
19
4
7.
14.
28.
May 28 to Nov. 12.
Nov. 12 to Dec. 17.
Deo. 17 to Deo. 31.
29
49
49
7
14
168
35
days
day^
days
days
days
days
days
14 days
31a
3
21a
2
3
4
Feb.
Mar.
3
4
21 days
14 days
98 days
23 days
121 days
12.
19.
16.
15.
10.
4
31a
3
21a
June 7
12
7
28
28
56
28
63
35
21
88
days
daya
daya
days
days
davs
days
days
days
days
Year's average... 3 301366 days
1889.
Jan.
1 to Jan.
Jau. 10 to Jan.
Jan. 24 to Jan.
Jan. 31 to Apl.
18
Aug. 8
Aug. 29
Srpt. 26
Deo. 30
Ajir.
to
to
to
to
to
10.
24.
31.
18.
5
4
3I3
3
Aug. 8. 21a
Aug. 29. 3
8pp. 2rt. 4
Dec. 30. 5
Dec. 31. 6
9
14
7
77
112
21
28
95
2
days
days
days
daya
days
days
days
days
days
2-92 365 day;
Year's average
Year's average
1886.
Jan.
1 to Jan. 21. 4
Jan. 21 to Feb. 17. 3
Feb. 17 to May 6. 2
May 6 to June 10. 3
21 days
27 days
78 days
35 days
77 dny^
56 days
56 days
15 days
June 10 to Aug. 26. 2ifl
Aug. 26 to Oct. 21. 31a
Oct. 21 to Dec. 16. 4
Dec. 16 to Dec. 31. 5
1887.
1 to Feb.
21a
2
•May 10 to June 7 3
to Aug. 9. 21a
lAue. 9 to Sept. 13. 3
Sept. 13 to Oct. 4. 4
days- Oct.
4 to Dec. 31. 5
2-96 366 dayi'
29.
;jan.
'Jan.
1883.
1 to Jan.
12 to Jan.
19 to Feb.
16 to Mar.
15 to May
3
3 '34 365 days
Year's average.
357 365 days
Year's average . . .
Rate Number
per of days.
Year.
cent.
1883.
Jan. 1 to Jan. 24. 5
Jan. 24 to Feb. 14. 4
Feb. 14 to Feb. 28. 31a
Feb. 28 to May 10. 3
-3-56
1890.
1 to Feb.
20 to Mar.
6 to Mar.
13 to Apr.
10 to Apr.
Jan.
20.
Feb.
6.
Mar.
13.
Mar.
10.
Apr.
17.
Apr. 17toJune26.
June 26
to July 31
July 31 to Aug. 21
6
5
41a
4
31a
3
4
3-05 365 aayf Aug. 21 to Sept. 23
Nov.
3
7loDeo
7.
4.
365 days
50 days
14 days
7 days
23 days
7 days
70 days
35 days
21 days
35 days
43 days
27 days
28 days
34 days Dec. 4 to Dec. 31.
35 dayf
14 days
4-52 365 day
Year's average
5
The situation of the Bank of France, as to its stock of gold
and silver, according to the last returns of each month of 1887,
1888 and 1889, was as follows, stated in pounds sterhng:
GOLD AND SILVER
Gold SllrT Til'
1830.
1888 were valued at *368,776
21,586,752
21,084.228
-„,„„, „.^.,
20,067,022
20,344,367
22,940,779
21,532,817
24,321,336
22,817,600
22,764,677
23,673,090
21,025,553
21 ,384,270
September....
October
August
September
834,607
38,804
323,127
714,081
254,622
598,847
735,202
:
Per Ct.
*248,-09l,959 •233,733,937
420,885,695
The
August
JiUy
3 to Mar. 10. 4
Mar. 10 to Mar. 24. 31a
Exoeasof imp, overexp.
92.994,104
114,179,0961
88,234,642
' inese totals aie exclusive of the exports and
Imports bv the Pir<.«1
July
64,939,775
June
Jan.
Feb.
1888.
Exports.
Jnne
64,349,091
May
—
—
+
—
—
+
—
Sept. 25 to Nov.
1889.
prodncts
Se-Bliipment of imports..
M»y
12 months..
April
Year's average
KXPOBTS AND IMPORTS.
April
October
November....
December....
5,614,558
5,408,311
6,003,975
5,573,826
6,731,537
4,507,702
6,178,635
4,272,745
3,004,076
6,545,747
5.290,808
5,807.854
Year's average
5,124,,271,100
£
Cotton yam
Piece goods
Jute yarn
Piece goods
Unen yarn
Piece goods
Woolen yarn
£
4,779,951
5,369.507
6,327,102
4,859,740
6,476,915
5,106,549
5,443.433
5,279,199
4,599,758
6,154,041
4,824,017
5,129,240
Total.
Descriptions.
Year's Exports.
March
£
January
February
March
Differences.
1889.
terest for the past eight years:
739,651
714,276
728,540
971,165
936,949
820,671
693,696
463,878
924,646
441,384
881,442
497,924
910,905
414,556
947,827
545,981
2,457,30fi
776,116
782,665
2,487.52o
1.142,065
785,014
2,957.81
The quantities and values of textile exports from Great
Britain for the last three years are given in the following table
EXPORTS OF TEXTILE FABRICS.
'.
EXPOBT?.
January
February
1890.
The following
EXPORTS OF IRON AKD STEEL FROM GREAT BRITArN.
Home
Exports of foreign and colonial produce were as follows
have been as below each year
steel
since 1873.
1889
1888
1887
1886
1885
1884
1883
1882
1881
1880
1879
1878
1877
1876
1875
1874
1873
[VOL. UI.
Per
+°i"o59715
T
+
+
+
+
+
+
+
+
2,413 876
1,392 468
709,652
2,519385
2,836,100
2.196,830
1,418,102
3.072,062
Cent.
5-lB
12-92
6-48
3-61
12-33
1516
382600
9-92
6-62
15.59
2-56
5-59
1-82
+14,607,305
+ Ti?
592,234
1,244,485
£
£
Jan. 31 50,0
Feb. 27 60,1
49,7
Mar
60.a
5",«
27 B0,3
April 24 51,1
May 2H 82,2
June 26 62,7
July 31 62,6
Aug. 28 5J,5
Sept. 25 60.7
Oct. SO 47,7
Not. 27 44,6
Deo. 28 45,0
1
49.8
BO,S
BANK OF FRANCE. — fOO.OOOS Omitted.)
IN
1889.
£
Gold. SllT'r Total
£
£
SO
40,0
49.2
100,0 Feb. 28
40,4
4H.3
Mar. 28 40,6
49.4
09,7 Jan.
100,8
101.7 April 2S
103,0 May 31
June
40,S
41,3
46,0
49.5
50,0
Gold. SllT'r
1888.
£
£
26 43.9
89,7 Feb, za 44,7
89,9 Mar. 29 44,7
90,0 April 2« 44,7
89,2 Jan.
91,3
96,0
May
92,5
92,6
92,9
93,3
98,5
93,8
93,0
92,0
90,0
90,0
90,0
47,9
44,8
48,5
44,8
48,9
28 44,4
48,8
Aug. 30 43,8
49,2
49.3
60,1
63,2
50,4
103,6
60,4
101,1 Sept. 26
B2,9
B0,5
103,4 Sept. 27
49.9
61,7
60,2 101,9 Oct.
49,9
K7,8 Oct. 31
94.6 Nov. 21
49,8
»4.8 Dec. 28
fO.6
B1.5
47,8
47,9
31
103,1
103,2 July 25
103.3 Aug. 2i
60,1
£
91,3
June 2>
51,0
60,8
60,8
2/
£
47,4
99,4 July
25
50,0 101,S Not. 29
49,9 100.8 Deo. 27
42.8
40,9
49,2
40.7
49,3
40.6
49,4
49,1
In the table below wiU be found a valuable comparison of
the highest, lowest and average price of silver for each of the
twelve months of 1888, 188 9 and 1890.
Jamcart
THE CHRONICLR
34, l»iil.1
FRICa or RtLVKR FOB THBIC 1tt.U».
creasing.
149
The bank reserve now exceeds lli^
milliona sterl-
ing, being nearly 40 per cent of the B,ink'8 liabilities,
SlLVIR,
1
High. Low. Aver.
High. Low. 'Aver.
AprU
...
41 's
ll'V
44%
413a
135t
4378
43i>n
18
d.
d.
d.
d.
Jan
Feb
March
1888.
isto.
1800.
44H»
d.
High. Low. Aver.
d.
d.
d.
«•!„ 42^ «',8 H*y»
4ii« i".H
4'^%
42 >4 427,8
13l»ie 42>8
45Ti«
42*,« «'I8 42»,,
44I111
d.
443,8 44%
44S-8 431^,, 11
*3H
43
421a
41»8
42
vz^a
14338
4211,,
the
other deposits, whicli comprise all unemployed balances at
the disposal of the outside market, almost amounting to 88^
—
millions a most unusual sum. Bankers are evidently keeping
exceptionally large balances at the Bank of England. Yet beyond what they consider necessary they have surplus amount,
it very difilcult to employ.
In their competido so they have forced down ratea, so that even on
July
42>e
Wednesday the discount rate in the open market was no better
42!%
42
43 >8
12!lul42^ 42»,«
eepl
than 2J^ per cent, and it has since fallen to about 2?^ per cent43
431,8
43%
ll258
Oct
Another cause of the extraordinary surplus of loanable capital
443g 43°8 44
43
Not
44 Sg 43^ 441,8
Deo
42<>B
just now is the unusual magnitude of American deposits in
51i>9
I43O8 I471I1. 44^
4U»,« 43!,, 449,« klBs 431,8
London. The bankers with whom they are lodged cannot inYe»r
We append the following table, made up from the official vest them, and by employing them for short periods they are
But it is almost certain that this
weekly Rtatements of the Bank of England, and showing its helping to force down rates.
abundance will after a while lead to renewed gold shipments.
poeition as regards bullion, reserve, dcposita, etc., on each
The price of silver dropped early in the week, as there was
Thursday of tlie year:
Indian demand, and the belief prevailed here that Conlittle
1390.—
[OO.OOOs
omltted.l
DANK OF CNOLAND IM
gress would not pass a new .Silver bill. But on Wednesday
a
o
Si."
SEcuRrriES.
Deposits,
s
48i^d.
....
May
June
'.'.'.'.'.
1890.
4U
17>9 41)
47%
49
46Vt
50*16 4'»i« 40>4
644 fOti
"" &2'a
54 "8 50
531,«
48>« 49ll,«
51 >«
iSH '45
47J,,
49>« |47i8 48*8
is
"
o
O
£
24.7
24,5
17,8
24,1
:8.1
•J3.2
2.1,4
23,6
23,1
24,1
24,3
23,8
23,1
23,6
22,1
22,8
22,1
22,0
22,1
21,8
21,0
21,8
21,5
21,6
21,2
20,8
20,5
20.8
20,9
20,6
22,1
22.7
22,7
22,7
22,2
21,7
21,0
20,1
10,1
19,8
19,6
19,8
19,5
19,1
22,6
24,7
24,9
24,8
24.1
23,3
23,5
Apr. 2..
"
9..
" 16..
" 23..
" 30.
May
'•
7..
14..
" 21..
"
28..
June
4..
11..
" IS..
" 25..
July 2..
•*
9..
•'
16..
" 23..
" 30..
Ang. 6..
" 13..
" 20..
" 27..
Sept. 3..
" 10..
" 17..
" 24..
'•
2:<,8
23,5
2.-\6
25.5
25,3
25,0
25,3
2.5,6
25,2
24,8
24,8
24,9
24,7
24,5
24,3
1.. 25,4
Oct
"
••
23,9
23.5
23,9
24,9
24,7
V4,4
24,4
24,8
2^,0
24, <
24,7
24,5
24. !»
24,6
24.4
24,9
8..
2,5,3
15.. 25,0
22.. 24,5
"
« 29.. 24,6
Nov. 5.. 24,8
"
"
12..
19..
" 26..
Deo. 3..
'•
10..
" 17..
" 24..
" 31..
24,5
24,5
24,6
24,7
24,3
24,1
24,9
25,1
421,
4218
42>8
42Sig
per ounce, the demand,
was a sharp recovery to
understood, being almost entirely American. There is
There is but a
little disposition here to speculate in silver.
small Indian demand, and the Continental demand has ceased,
£
6,1
6.3
5,4
6,0
7,7
7,1
8,1
9,5
10,8
10,3
9,5
10,3
11.2
11,2
7.7
7,2
7,6
8,8
8,1
6,0
6,2
6,4
5,5
7,1
7,6
8,3
6,5
^,2
1.2
3,7
3,1
2,8
2,8
3,6
2,9
2,4
2,6
3,1
3,8
3,9
4,7
3,3
3.4
3,6
2,7
2,9
1.1
3,8
3,3
3,9
1,1
5,4
6,8
O
£
28,0
25,0
11.9
24, f
15,8
14,6
22,8
23,2
23,1
22,9
26,6
24,6
2i,9
23,4
23,3
25,0
25,8
26,5
27,1
26,4
26,2
24.5
2R,3
26.5
26,0
23,1
25,2
26,7
27,2
27,8
28,2
29,0
27,6
27,6
28,2
28,8
28,9
28,6
29,0
27,8
27,8
28,1
29.0
28,7
30,2
29,3
29,0
29,2
30,3
36,4
35,0
33.3
32,6
33,2
3U,3
33,0
17,1
14.6
13,9
13,9
13,8
13,8
11,2
11,0
13,8
13,8
15.8
15,8
15,6
15,6
16,1
16,0
15,6
15,5
15.5
15,5
15,5
I0.5
15,5
11,0
15,1
14,9
14,5
11,4
11,2
14,6
10,1
14,0
14,0
14,2
14,1
14,4
11,1
17,5
17.2
16,2
16,1
15,5
15.0
11,8
10,1
£
27,8
23,1
21.9
20,8
21.1
21,1
20.9
205
230
21.2
206
21.0
24 2
24'5
21.2
21
210
22,1
20 9
210
21*3
21 1
119
21
1
23 2
21'8
262
24 8
24 9
22.7
22,7
23.6
21.9
21,4
21 5
21 8
20,9
21.3
22,9
26,1
23,1
23,1
23,0
22,8
23,1
25,1
32,1
29,9
27,5
27,4
28,6
28,6
33,2
£
9,3
9,8
10,7
11,6
13,4
13,1
14,8
16,2
16,8
16,4
16,0
17,4
16,8
15,1
15,1
15,6
15,2
14,4
13,6
13.7
13,9
13,7
13,2
13,6
13,5
13,2
12,1
11,7
11.7
12,3
12,0
11,4
13,3
14.3
14,3
14.2
14,0
13,7
13,2
11.1
10,6
11,2
11,5
11,6
11,2
11,1
Pr.ct. Pr.ct.
6
4%
4i>,«
4%
41,8
1>3
5
m
4
2^8
3
208
3%
2
1%
III16
I'a
2
I'a
1»8
1%
23,8
3
3»8
3H
1
4
1
iSa
413
1
3%
3T,e
338
5
4l3ie
5
4%
4l»,8
5%
6h
14,6
16,5
16,7
17,0
16.8
14,9
14,8
1
London. Saturday, January
10, 1891.
10,4
10,1
10.1
10.1
P,8
4^8
3^4
4%
l"-!
1%
[From our own correspondent.]
On Thursday
the directors of the Bank of England lowered
their rate of discount from 5 to 4 per cent. It had stood at 5
per cent for exactly five weeks, and during that period the
receipts and outgoings of gold at the Bank were very large
over
51-i
millions sterling altogether.
But they so nearly bal
anced one another that the difference between them was
barely £22.000. The largest shipments were to New York
and the largest receipts were from Australia. The foreign demand for the metal has ceased for the moment, and the exchanges are now in favor of this country. Gold still continues fo come in. During tlie week ended Wednesday night
the net receipts at the Bank were £423,000, and yesterday a
further
is
sum
expected.
wliich they find
tion to
it
la-,
5
O
M-^a
Mar. 5.. 2:<.7
" 12.. 23,3
" 19.. 23,1
26..
42 >4
42»,« 42
42% 4116,8
443,g 42l„
4336 42'«
43 >8 4278
4278 42&,8
there
26.. 23,1
•'
421)8
".J
__
18,7
19,2
20,7
21,1
22.1
22,9
.
12^1, 42
*-i\» 42
t2l>,« 42>4
_
|5S
I
£
•'
41l4i«42'«
'
•A
Jan. 1..
"
8..
" 15..
" 22..
" 29..
Feb. 5..
" 12..
" 19
42 >4
of £380,000
was
Further coin
About £100,000 more
coming back rapidly from the
received.
is
circulation.
During the week ended Wednesday night over a
quarter of a million sterling returned.
On the other hand, speculation was paralyzed by the recent
crisis, and trade has received a check.
The demand for
money is thus much smaller than it was, and the supply is in-
is
There has been a recovery in silver
consequence of the rise in silver, but speculation
in those, as in aU other securities, is very timid just now.
The French loan comes out to-day in Paris. It is for a little
over 34J^ millions sterling, and the price has been fixei at
92 'oo. When this was done the existing rentes were quoted
It would seem, therefore, that a higher price
at about 95.
might have been fixed, but apparently the Finance Minister
wishes to attract subscribers and to put small investors in
good humor by offering the new rentes cheap. There are to
be no subscriptions received in London, though it was expected that there would be, and yet no gold has been remitted
to Paris. The facilities afforded by the Government are so
great that the banks do not think it necessary to increase
for the time at all events.
securities in
their available funds.
The
issue price of the loan of 1886
was
low as 79'80. There has been, therefore, an appreciation in
French 3 per cents in the interval of 12 J^, or almost 16 per cent.
This issue raises the funded debt of France to 1,042 millions
as
sterling.
The stock markets continue very
not put
much
that under the surface there
up
of
is
Operators do
money market
and they know
and a large lockcapital.
Besides, the news from the Argentine Repubdisquieting, and there are doubts whether the Paris
as they fear gold shipments will
lic
inactive.
trust in the present ease in the
is
become
much
large,
distrust
will remain, after the placing of the
loan, as
strong as it has been heretofore. At the beginning of the
week the American department was very dull, operators
being inclined to sell what they held and even more. But
when it was found that New York bought freely all that Lon-
Bourse
offered there was a recovery, and the Louisville dividend
strengthened the more hopeful feeling. The reduction of the
Bank rate, too, was regarded as favorable to speculators.
Still the public is holding aloof, and the market is very narrow and quite professional, moving obediently after New
York. In the International department there is, if possible,
even less doing. Home railway stocks are rather depressed,
the weather is very severe, the strike in Scotland continues
beyond all expectation, and has greatly disorganized traffic,
and of course has .reduced very seriously the receipts of the
Scotch companies. The Chatham & Dover Company, whose
line connects London with Dover, have issued a circular pro"
posing the splitting of the preference stock into preferred and
deferred, with a reduction of the dividend from 43^ to 4 per
cent and a reduction also of the dividend of the second preferred stock to 3 per cent. This has helped to depress the
market. The only department that has shown much animation is that for South African gold" shares, which has somewhat recovered during the week and looks as if the public
were again beginning to take an interest in it.
The condition of the Argentine Republic appears to be growing worse and worse. A new decree has been issued demonetizing all foreign gold coin. As there is hardly any Argentine gold money, this will leave the Republic with hardly any
coin. Apparently the intention is to put a stop to speculation
don
in gold
and
the native
is,
banks
to
a similar position as
to disqualify
them from holding
to bring the foreign
banks—that
CHRONICJLE.
lUffi
160
gold and dealing in it. The Government seems to have quite
lost its head, and the best-informed are fearing another reactionary movement.
The bank dividends declared up to the present are all highly
satisfactory. There are very few decreases compared with this
time last year. There are several increases, and sometimes considerable increases.
The half-year is thus shown
to
have been a
a considera-
very profitable one for bankers. In one case there is
ble reduction in the dividend declared, but then the net profits
are shown to have been much larger and the reduction in the
dividend
is
bad debts.
month
for the past
able, considering the severity of the crisis
are favor"
we
through which
have passed. The value of the imports shows an increase of
about 3 per cent for the month. For the whole year there is
a falling off of about 1}{ per cent. The value of the exports
of British and Irish produce and manufactures shows an increase for the month of about l^s V^^ cent. For the twelve
the increase is 5% per cent, but it is to be recollected
with regard to the past month that there were only four Sundays, whereas in December, 1889, there were five. Making
allowance for one more working day last month there is really
a falling off in the exports and a smaller increase in the imports than at first sight appears.
The rates for money bave been as follows:
Int re<t aUowtd
for de%i08its by
Open Market Rates.
»
Trade BiUs.
n
At l7toU
;
I
Call.
•
6 5
12 6
1» 6
"
6
Jan. 8 6
e 4
Dee.
3?«@ - 4 ®
4K® - 4!4@
4>S® - 4>«®
-
Wb-
iDisc't
Joint
Three
Four
Six
Four
Six
Stock
Months Monthi\Month3 Month* Months' Months Banks.
1
\
4}i®
January
Decernber 26.
Z,
litandard.
d.
d.
77 11
Bar
Bar
silver
oz. 48J^
silver, containing 5 grs. gold..oz.
20 dwts. silver. .oz.
Span, doubloons. oz.
S.Am.doubloons.oz
The following shows the imports
United Kingdom during the
oz- 47
of cereal produce into the
eighteen weeks of the season
first
compared with previous seasons
48H
48K
oz.'51 1.6-16 51 16-16
Cal£e silver
Mexican dols
:
IMPORTS.
1888-89.
1889-90.
1887 88.
1890-91.
21,191,728 23,918.809 18,103,237
22,713,024
cwt.
7,230,048
8,887,649
7,427.199
10,344.049
6,214. .')66
5,2(i0,.5626,413,401
4,882,848
Oats
1.304,813
769,821
604.626
670,677
Peas
870.147
1,009.644
1,334.822
1,107,688
Beans
8,116.737
8,197.554
10,076,957 10,426,115
Indiancorn...'.
5,741,850
6,650,219
6,254,889
5,141,484
Flour
Supplies available for consumption (exclusive of stocks on
.
.'
September
1):
1890-91.
Impoi-t8ofwheat.cwt.22,713,024
5,141484
Imports of flo^.
Sales of home-grown 14,605.100
1889-90.
21,191,728
6,254,889
19,024,631
1888-89.
23,918,809
5,741.850
13,297,914
1887-88.
18,103,287
6,650,219
15,766,325
42,459,608
46,471,248
1889-90.
42,958,573
1888-89.
40,519,791
1887-38.
Total
1890-91.
English wheat, per qr.—
318. 3d.
309. 4d.
305. Od.
328. 7d.
Average price, week
328. 6d.
308. Od.
30s. Od.
Average price, season. .328. 2d.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
Thisioeek.
qrs. 1,551.000
Flour, equal to qrs. 348,000
qrs. 365,000
Maize....
Wheat
Last week.
1,652,000
1890.
1,762,500
360,000
396,000
208,000
341,000
1889.
2,198,500
162,000
237.500
Ensllsh Plnanolal Marketa— Per Cable.
The daily closing quotations for securities, &c., at London,
are reported by cable as follows for the week endinc Jan. 23:
Day:,
have been as follows:
January 9.
London
8.
Bar gold, fine
Bar gold, Goutatn'g
iH®S '4«®5
iii®5
4J4®6
—
4>*35 |4i<®6
an
3«-3k
- 4M@5 *)4®6 iH®S
4X2
3«
S«-3k
M
tH® -|4X® - iii®6 4H®5 4i4®6
3X1
3>i-3«
3«® SH@, -,3«® 4Ji®m 4«®4«4X®4H
3li-3H
g?aa - 2?<® - 3H®4 3!<®43}<®4
2}<
2M-2M
The Bank rate of discount and open market rates at tht
chief Continental cities now and for the previous three weekt
•'
Jan.
s.
months
o
1.
SILVEH.
GOLD.
London Standard.
due to the setting aside of a large amount to meet
Wheat
The coimtry banks have fared quite as well as the Barlev
London banks.
The Board of Trade returns
ondon
[Vol L
December
19.
London.
Mon.
Sat.
Tues.
Wed.
Thurt.
Fri.
4758
47%
9714
9616
97^,6
97ii«
976,a
97-i,g
97 14
97i'i«
97o,e
971,8
95-62i2 95-50 95-60 95-621S 95-55
95-50
Fr'ch rents (in Piu-i3) fr.
105
105
IO514
IO514
4i28
IO514
14
IO514
14
1891
0f
U. 8.
122I3 1221s
122% 122%
12212 1321s
U.S. 4s of 1907
7714
7714
77%
77%
77%
77 "4
Canadian Pacific
55%
55%
56%
57
561s
Chic. Mil. &8t. Paul.... dOM
101
102
104
105
IO312
1021s
13
Illinois Central
no's IIOI4 llOia llOis 109% 109%
Lake Shore
7914
79%
79%
8014
79%
Loul8ville& Nashville.. 79»4
74-'58
7414
7458
7412
74 ^H
741s
Mexican Central 4s
104
104%
105
105
105
105
Hudson.
N. Y. Central &
2058
20%
2058
20%
20%
N. Y. Lake Eric & West'n' 2012
101 14 101%
101%
101
101
ilOlis
2d cons
do
57 14
57 14
57%
5678
57>«
Norfolk & Western.pref. 57%
7214
72%
72%
72%
71 %
721s
Northern Pacific, pref
<J|
48
Silver, per oz
Consols.ne w, 2%perct«. 97iie
97 'm
account
for
do
48%
48%
48
53%
53 14
53 14
17
47 14
le's
461a
201s
16%
46%
I
]
I
Interest at
Bank
Open Bank Open
Hate. Market Rate. Marktl
3
a
8
BerUn
6«
an
5«
5«
3Js
Frankfort
Amsterdam....
Brussels
5«
4«
S
4
Madrid
Vienna
St. Petersbnrs
Qopenhasen...
iH
6X
4X
3H
4«
2«
3
4 nam.
4
4K
4«
8«
6H
6^
m
2J«
4
fiofn.
s«
4«
2M
3
4
4 norr.
4
5«
6«
41^
4
Hi
BK
4«
4M
position of the
1891.
Jan.
5,025.612
88.714.429
11,238,363
30.146.923
Oorernment
securities
securities
**»«"«
15,531,645
Oolnand
bullion
Prop, asaeu to lUblllUes.per ct.
perct.
Ooaaols
«•"««
OtMrlna-Honse returns
'
Messrs. Pixley
Jon.
8.
£
Public deposits
Otber deposits
Other
iSCO.
7.
& Abell
24,143,860
38 15-16
4
24.616,085
6,283.405
16 %
46»2
Wabash, pref
.i^^.^jl:—^^}^
4«
2«
IMPORTS AND EXPORTS OF GOLD AND
SILVER AT SAN FRANCISCO.
iwm.
4«
9.
£
Bank
of
Jan.
£
11.
until the 6th,
when
25,101,439
toria.
17,066,104
17.160,888
17,202,673
23,133,718
20,482,168
12,481,200
of 1890, but slightly less than for
18,897,610
20.470,965
20,109,380
6,381,290
12.325,985
S8«
6
97 1-16
4 (Jan.lO)
gg
181,742,000
148.811,000
145,116.000
3«(Jan.l2)
98M
New
in the price of silver occurred
during the
a rise oecuned, caused by better
have
The quotations
for bullion are reported as follows:
December
of 1889.
The
gold shipments reached $236,833, of which the greater part
went to China and Japan. The silver exports were all in
coin and the greater part went to China. The exhibit for
December and the calendar year 1890 is as follows;
117,265,000
changed hands at vai-ying rates, the latest being
at 47d
Arrlvals-Froni West Indies. £42,000; Central
America, £8" 000
New York, £12,000; total. £136,000.
eels
Exports were heavier than for any preceding month
IMPORTS OF OOI.D AND SILVER AT SAN FBANCISCO.
write as follows:
advices
York, and 48'8d. continues the price to-day.
From West Indies, £9,000; Chile, £33.000; total, £47,000. ArrivaJs-To Bombay. Jan. 2, £92,000; Calcutta. Jan. 8, £35,000. Shipments
Mexican Dollars -rhcec coin have bctn in good
demand, and par
from
junction with the results for previous months, thus completing the statement for the calendar year 1890. Gold imports
in December reached $869,035, of which §033,656 in coin,
largely from Australia. Of silver the receipts were $386,
377 from Central America, South America, Mexico and Vic-
6,163,418
26,t87,489
30«
19%
19%
of imports and exand silver through the port of San Francisco for
the month of December, and they are given below in con-
25.618,873
9.829,313
18,145,878
2OI4
46 14
46 14
We have received this week the details
24,283,375
;
81lTer-8mall reductions
20ia
24.179,075
Gold-The demand for gold has greatly decreased, and
some bars
have been sent to the Bank, which has received during
the week £803 000. There has beon withdrawn «120,000, of which
£50,000 has gou'e
to Gei many and the remainder to Holland.
Arrlvals-From West In
dies, £64,000! Australia, £563,000
New Zealand, £117,000- Nat.il'
£66,000; total, ££10,000. 8hlpmcnts-To India, 2d
and 8th in.^t.'
week
Philadelphia &. Reading.
ports of gold
1888.
Jan.
53%
16%
53%
16%
OnlonPacitic
:
25,082.215
53 >«
5«
oH
5«
England, the Bank rate of discount, the price of consols,
&c.
compared with the last three years
Circulation
. . .
Pennsylvania
a
6
5
a
4H
The following return shows the
8~
^a
4«
SH
IM
Bank Open
RaU. Market
Op«n
Rate. Market
~~3
~~3
Pari!
Hambnnt
Bank
GOLD.
MONTHS.
-
1890.
Ortin.
Bullion
SILVER.
Total.
39,040
75,117
11,688 122,190
16,937
Mai-ch
98,045
April
22,788
33,521
29,084
May
50,186
June
348 33,100
33,448
July
26,592
1,482
23,074
August
495,.500 55,481
550,981
Septemb'r. 717,086 51,682 768,768
October
2,303,496 54,641 '2, 358,137
November. 977,671 41,0571, 018,728
Pcccmber
623,656 45,369 669,025
January.
February.
.
. .
36,077
110,502
81,108
10,733
20,202
Coin.
21,3-20
18,449
18,860
22,708
275,122
113,872
50,245
143,304
200,926
372,984
73,831
72,845
Bullion,
205,986
213,823
153,701
186,177
220,338
262,855
161,880
213,781
200,773
290,946
232,081
313,532
Total,
227,306
232,272
172,561
^08,886
495,460
376,727
212,125
357,089
401,699
063,930
300,512
386,377
Tot.l2mO8'5,377,801 428,359 5.806,220 1,384.466 2,656.473 4,040.939
Jam7a<lT
THE CHRONK^LE.
34, 1891.1
XP0BI8 or GOLD
AlTD BILVBB
fBOM SAH rjUNClSCO.
161
&
—Messrs. Auguvt lielmonl
Co. of thlH city and MoHore.
Co. of Boston, announce tliat, in connection
Lee, Higginson
with the Manchester
Liverpool District Banking Company
of Qrent Britain, they will receive subdcriptions from January
26th to tlie 3i)th, inclusive, for the shares and dpl)enturn Ijonds
of the New York Bolting & Packing Company, Limited.
The
company has been incoriwrated under the Coinpunics' Acts of
Oreat Britain to acquire the proi^-rty and business of tliH New
Packing Company. The business was
York Belting
estabUshed in 1846, and has developed into the largest of its
kind in this country. The India rubber good* manufactured
by it are well known all over the Union, and it U now prol)o3ed to further develop and extend the businc^is, with the
jjarticulur view of establishing a Eurojiean market for its
products. The capital of the company is $3,066,100 and the
amotmt of first mortgage debenture bonds to be issued
The amount of stock now offered for
$1,091,350.
subscription
is
9,500
preference
and 7,000 ordinary
shares; also 1,850 of the debenture bonds. The par value of
the shares is £10, and they are offered at $48 50, and the £100
bonds at $4.S.l each. The business is taken over at $3,8i;j,000
which in6lu(les factories and real estate at Newtown, Conn.
and Passaic, N. J., water-power leases in perpetuity, patents,
trade-marks, secret processes and good will. The average
yearly profits of the concern for the seven years ending
1889 were $318,785. For the year 1889 they were $421,336,
and for the first five mouths of the last calendar year
they were $210,018, beiog at the rate of $504,044.
On
the basis of tlie profits of recent years, it is shown that the
company earns enough t« pay the interest on the deltentures
and to provide for a sinking fund for the same, to pay 8 per
cent on the preference shares and 13 per cent on the ordinary
shares, and leave a surplus of $38,.5()0.
All the members of
the present company will remain in the management, and
Mr. John H. Cheever, as Vice-Chairman of the board will
continue to be its active head.
&
BU.TB8.
GOLD.
ItOMTIlS.
1890.
I
[Bul'n
Cain.
Total.
Coin.
9
$
9
ItuHloii.
Total.
I
*
561,025
179,915
203,408
72,738
534,565
68,040
657,717
70,130
902,320
186,183
694,676
136,161
345,054
02,709
102,991
496,915
3ai.8«6
102,S75
336,^78
160,354
500,217
171,981
236,883 1.158.805
194,500
Tot.l2in<w.ll.517,703 18257(1.530,960 16.803,515
3. .2,300'
Juuuary
170,015
410
78,328
08,040
70,130
135,1U3 1,018
140
130,0^1
839
91,870
100,5«6 2,425
99.705 3.080
...
February.
Muroh
April
May
June
July
August..
..
8opt«mlicr.
October.
ISn.Sl'l
..
November
December
540
955
171,026
233,033 3,850
750,125
203,468
534,565
717,517
992,329
634,670
845,054
406.915
321.866
336,278
548,217
59,800
48,000
1,158,805
7,105.Hl
—
National Basks. The following national banks have
recently been organized
4,499— The Comuiorciitl Nntlonul Banknf Independence, Kbud. Capl.
PUoeas V. Haokett, President; George T.
tttl, !)!100.(H)0.
Guernsey, Cashier.
4,500—The
O.
First .National Bank of Cooper, Texas. Capital, .$50,000.
hi. Terrell. President; R. M. Walker. CasUler.
4,501— The First Natlonivl Bank of Harrlmau. Tenn. Capital. $50,000.
Walter C. Harriiuan, President W. H. Julian, Cashier.
4,502-The First Nalioual Bank of Marlon. III. Caiiltal. !?50,000. J.
W. Westbrook. President J. M. Burkhart. Cashier.
4,503—The CovliiKtou National Bank. Covington. Va. Capital. 850,;
;
000.
R.
1>.
Parrlsh. President
;
RoUins, Cashier.
J. E.
4,504— Tlie Commercial National Bank of iYemout, Neb. Capital,
*100.000. E. Schurman, President; F. McOiverin. Cashier.
4,505—The l-'irst National Bank of Dushore. Pa. Capital. $50,000.
George U. Welle.-^, President; M. D. Swarts, Cashier
4,506— The Marine National Bank of Sweden. Ohio. Capital. $50,000.
George B. Baser, President E. W. Savage, Cashier.
Imports and Exports for the Week. The imports of
last week, compared with those of the preceding week,
show an increase in lioth dry goods and general merchandise.
The total importe were $13,116,840, against $9,808,004
the preceding week and $6,634,998 two weeks previous. The
exports for the week ended Jan. 20 amounted to $6,814,640,
;
—
against $6,642,483 last week and §6,608,447 two weeks previous.
The following are the imports at New York for the week
ending (for dry goods) Jan. 15 and for the week ending (for
general merchandise) Jan. 16; also totals since the beginning
of the first week in January.
TOBBIQR IHPOBTg AT
For Week.
Dry Goods
Total
Since Jan.
TORK.
1890.
$2,628,133
6,533,432
$3,383,561
Gen'l mer'dise.
NEW
1889.
1888.
7,281J,444
1891.
$3,680,437
4,730,329
$3,948,358
8,168,482
$10,666,005
$9,161,565
$8,419,766
$12,116,840
Geu'l mer'dise.
$9,201,900
19,810,283
$9,566,814
20,721,506
$9,916,182
17,728,386
$8,670,707
19,889,135
Total 3 weeks..
$29,012,183
$30,283,320
$27,644,568
$28,559, 812
1.
Dry Goods
In our report of the dry goods trade will be found the
imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Jan. 30 and from January 1 to date
BXPOBTS FBOM NBW ITOBK FOB THE WEEK.
I
'
'
&
&
—The Atlantic Mutual
Insurance Company (Marine) issues
annual statement this year very promptly.
The total
marine premiums for 1890 were $.5,187,153 and losses paid
$1,433,467, the returns of premiums and expenses were
its
total assets now are $13,537,331.
To any one
the conservative method of estimating assets pursued by the Atlantic officials, it is hardly necessary to say that
if they were realized on to-day they woulH probably bring much
more than the stated value. The usual dividend of 40 per cent
in scrip is declared; 6 per cent is paid on outstanding scrip, and
the issue of 1886 is redeemed on and after Tuesday, February
3.
Messrs. John D. Jones, President, W. H. H. Moore and
A. A. Saven, Vice-Presidents, and J. H. Chapman, Seoretarjr,
continue at their posts as the well-known officers of this
$753,153
and the
who knows
company.
The International Okouite Company, limited, have declared a dividend for the six months ending Djc. 31 on the
capital stock of the company at the rate of 8 per cent on the
prt-ference and 10 per cent on the ordinary shares. This company is the consolidation of the Okonite Company of America
with Messrs. Shaw & Connolly, of England, both manufacturers of insulated wires and cables for electrical purixsses,
and whose securities were offered for public subscription ia
America through Messrs. Winslow, Lanier & Co., July 1,
—
1890.
—
The Real Estate Loan & Trust Company of this city, of
which Mr. Henry C. Swords is President, has just made its
regular report to the Superintendent of the Banking Department at Albany. Although this company did not commence
business until Oct. 31st, 1890, it has had such prosperity under
1838.
1889.
1890.
1891.
the present management that it shows gross assets of $1,430,For the week.
$6,960,582
$6,618,725'
$7,456,393
$6,814,040 111 and a surplus and undivided profits account of $353,056
Pre V. reported.
11,630,642
13,995,624
11,889,565
13.230,930 with a line of deposits amounting to $700,000. The stock is
Total 3 weeks.. $18,591,2241 $20,614,349 $19,345,953 $20,065,570 $500,000, and shares have changed hands recently at 164, as
The following table shows the exports and imports of specie stated by the officers.
at the port of N. Y. for the week ending Jan. 17 and since Jan.
The 4l8t annual report of the Union Mutual Life Insurance Co. of Portland, Maine, will show, when issued, $28,218,1,
1891, and for the corresponding periods in 1890 and
1889;
733 insurance in force Dec. 31, 1890, being an increase of
BXPOBT8 AMD IMPORTg OP SPECIE AT NEW TORK.
$1,014,147 for the year. The premium receipts in 1890 ware
$786,750, an increase over 1889 which was equal to the aggre
Exports,
Imports.
Gold.
gate increase for five years previously. Mr. John E. De Witt
Week.
ShueJan.l.
Week.
Since Jan. 1 is President of the company, and its card will be found in the
Chronicle.
Great Britain
$11,769
$23,019
—
Fr.ince
Germany
$194,660
West Indies
Mexieo
South America
AU
28,521
31,271
14.402
9,848
3,031
14,402
57,077
$289,280
$250,781
131,640
167,118
$672,248
255,834
491,528
116,541
ether countries..
Total 1891.
Total 1890.
Total 1889.
$156,831
36,500
90,595
$194,660
403,025
46.815
1,975
217.471
153,5611
822,497i
Exports.
600
Imports.
Great Britain
France
SinceJan.l.
$61 1,000
162,000
4-200
9,649
906
300
$03.4C0
$782,649
$3,079
l.«.i!>.6.>:j
.">i:o. ix.j'
<<.i).->l
$123,343
114.130
5;;,2 !3
70.977
We.^t Indies
Mexico
South America
All other countries.
I
Since Jan.l.
$94,200
Germany
Total 1S!)I.
Toial
silo.
Total Igiiii.
Week.
1,873
•
9;).!»2
•
:U0.'.5I
there
is
amount
the large
mortgage,
all
of $3,341,350 loans
ou bond and
on improved city property.
—
Silver.
Week.
—
The annual statement of the Liverpool & London & Qlobe
Insurance Company for their United States branch, which ia
published in another column, shows their total assets to be
$7,459,995, of which $3,006,133 is the large surplus of the company. Besides the gilt-edged investments of the company in
real estate. United States Government, State and city bonds,
$8,913
93.075
3,018
18,337
The Union Discount Co. of London publish in this issue
of the Chronicle their semi-annual statement and balance
sheet asof Dec. 31, 1890. The figures, which are verified by wellknown London accountants, furnish full information as to
the condition of the company. The Union Discount Co. keep
a standmg card in the Chronicle on third page, giving their
rates of interest allowed for money from time to time.
—It
is
announced
officially
amount subscribed
that
to the Thurber,
owing
to
the
large
pre-
Whyland Company's
ferred stock, subscribers outside the grocery trade have been
all .tted nbout 35 per csr.t of their subscriptions.
THE CHRONKILE.
162
[Vol. LIL
The visible supply of grain, comprising tho stocks in granary
Parrwh
-Attention is caUed to the card of Mr. William P.
formerly the at the principal points of accumulation at lake and seaboard
on the first page of the Chronicle. Mr. Parrish was
Sehna, Ala., ports, and in transit by water, Jan. 17, 1891:
Assistant Cashier of the City National Bank of
Barley
Oat;
Bye,
giving
Com,
Wheat,
and has had a long business experience m the South, boutnhtish.
htith.
bush.
bush,
b^isk.
In store at—
18,500 244,447
617,0n3 1,475,803
him exceptional opportunities to become famihar with
1,823,683
New York
specialty.
70,600
makes
a
20,800
8,000
which
he
8.300
129,000
Do afloat..,,
em investments, of
&
Casucalled to the statement of the Fidelity
It will be
alty Company of this city in to-day's Chronicle.
the stockseen that the company has a surplus of $78,603, and
ottcers
holders had such confidence in their old directors and
—Attention
is
as to re-elect the entire board.
iLlbanv
Bnffalo
Do
1,541,000
6,620,703
749,048
3,574,344
893,601
Chicago
Milwaukee
Daluth
Toledo
55,000
1,815 699
10.000
19.937
107,915
their line in the Street.
156,950
21,724
200,202
233,056
513,137
5,912 280
255.9,=6
Montreal
PMadelphla
Peoria
annual report of the Manhattan Life Insurance Indianapolis
sur- Kansas City
Co. will be found in this issue. An increase in assets,
Baltimore
—The
41st
and insurance
plus
in force are reported.
—The Board member
& Co.
Mr. Francis
is
Minneapolis
On
Paton,
J.
this distinguished firm since last
May.
FoREiaN Tba.dk of New York— Monthly Statement.— In
addition to the tables on another page, made up from weekly
returns, we give the following figures for the full months,
also issued by our New York Custom House, The first statement covers the total imports of merchandise.
IMPOBTS INTO NBW TOKK.
279,081
436,751
5,795
1,897
151.907
59,018
274.658
458,521
2fi,108
20.790
2,716
3'24',608
Tot.
Tot.
Tot.
Tot.
Tot.
Jan. 17, '91.
Jan, 10,'91.
Jan. 18. 'gO.
Jan. 19, '89.
Jan. 21, '83.
2'38'.903
86,717
77,000
149,380
2.000
15,227
12,346
67,680
106,513
77,460
30,336
164,711
16i',672
'25',555
119,499
194.000
46,825
97,307
25,266
172,805
104.R10
12,500
100,245
99,036
37i232
54,566
"957
24,900
1,575
30,200
Name of Company.
Dry
Merchan-
Ooods.
Omeral
Dry
ToUU.
Merchan-
Boodi.
Hamilton
Per
When
PayaV.e.
& Dayton
8
3
3
German American
3
PaciUe (quar.
2
>
15,9M,160 28,819,949 44,901,109
86,161,326
42,728,131
Febmary
16,795.270
25,433,870
41.229,149
13,798,968
26,979,446
40,778,413
Marob....
15,570,193
28,066,780
12,766,553
29,692,616
42,459,068
9,246,910
38,583,948
43,636,923
47,830,656
12,288,551
27,308,983
39.507,661
8,263,985
36.6.87,351
14,931,346
6,871,012
35,793,584
42.681,596
April
Blar
31s
Banks.
16,580,806
Jannarr..
)
10
5
5
34,28i;,Sl«
46,722,816
7,961,655
30,598,762
38,558,307
Liberty
Manufact'rs' ABuild'rs' (quar.).
2>9
l»a
July
37,280,011
51,503,719
12,052,320
32,783,962
44,8,"ie,2S2
Nassau
AOKUSt..
11,149,46'
28.851,047
40,000,514
11,793,529
31.255,059
43,048.686
Peoples
5
3
September
October
12,758,678
36,362,654
40,121,332
12,885,867
23,820,03'
36,505,904
ll,792,';66
35,056,606
8,609,601
35,076,516
43.688.017
2
November
7,837,469
34,753 .aS9
46,849,372
42,590,708
nilKcellaneona.
Consolidation Coal of Maryland.
8,897,369
28,769,743
37,667,112
December.
8,167,9S9
31,627,747
39,765,736
10,576,808
29,633,786
40,210,596
184,486,223 360.130,333 494,8ie,M6
BZPOBT8 FROM NEW YORK.
OUBTOMS RECEIPTS,
At New
Total Merehatidiss.
nrk.
MontK
1690.
1(89.
Janaary
,506,491
30,156,144
Jannary
Fabrnary._.
,940,631
—
•
14,031,750
26,242,020
February...
,888,815
12,954,911
March
,485,254
29.460,203
March
,569,417
13,423,094
April
,142,068
28,517,60'
April
,518.024
May
,187,97!(
26,448.335
May
Jane
June
,068,901
24,311,249
July
,311,440
28,394,127
July
Aogost
September
October
November..
December
1,080.926
31,544,18
AUKQSt
i,739,688
!,0&9,531
28,883,707
31,811,284
,608,032
27,717,301
,128,559
32,399,948
—
Total
11,968,737
14
11,097,863
,492,287
10,897,750
173,523
13,787,330
,978,141
13,324,602
September..
69,708
12,018,108
October
November.,
December.
,091,811
12,302,036
,
, . .
Total
347.647,371 .346,886,112
154,869
11,176,000
,704,233
10,997,986
163,239,278 147,872.857
Below are the
Western lake and
rail shipments of flour and grabi from
river ports for four years:
1891.
1890.
1889.
1888
Week
Week
Week
Week
Jan. 17.
Jan.ia.
Jan. 19.
Jan.20
bbls.
330,006
348,916
209,284
266,509
nonr
WhMt
Com
bneli,
0»U
BMley
re
Total
601,940
807,382
904,829
289,121
84,869
2,688,141
The exports from the
•ndiax Jan,
ffOM
ewTork
Boston...
17, 1891,
Wheat.
209.766
10,000
76,404
are
379,764
1,.503,907
452,018
1,248,148
868,283
333,539
73,851
324,947
53,971
6,761,952
2,947,367
4,470,891
311 526
816 114
614 904
23l'45i
441515
'
2lo21,510
Bush.
106,316
19.589
Whntr.
Bbls.
Oati.
By«.
Bush.
72,645
33.322
6,278
5,153
Bush.
260
Hontreal'.
BiUtlm're
«r. Orl'M.
BI.News..
Blelim'd.
Tot. week.
I7"62i
106,319
i9",323
mil'
75',6V6
180
91,000
811
6,963
25
8,000
379,256
339,425
149,342
5.423
312,980 1,906,476
145,546
110,216
Sloe time
X880...
Peas.
Bush.
3.072
18.751
26,510
—
65 449
2!
Jan.
Feb.
Feb.
Feb.
Feb.
1
2
2
Jan. 22 to Feb.
to
to
Jan. 22 to Feb.
16 Feb. 3 to Feb.
1
2
16
:
Bonds.
Shares.
6 Nat. Shoe & Leather B'k.l60
130
6 Central Nat. Bank
231»3
5 Market Nat. Bank
80 3d Nat. Bank of N. Y.90V9119
50 B'klyn & N. Y. Ferry Co. 190
81,000 Jersey City 7s, Imp.,
lOl'a &lnt.
1892, J.&J
137%
27 Phenix Nat Bank
$1,000 Jersey City 7s, Imp.,
155
12 Niagara Fire Ins. Co
106i8&lnt,
1894, J.&D
20 N.Y. Produce Ex. Bank..ll4i4
$800 State of N. C. 48, Cons.
6 Merchants' Nat. Bank. ..155
96
Debt Bonds, J.&J
10 Imp.& Traders' Nat. B'k.560
$3,000 Jersey City 78,1913,
50 Mercantile Nat. Bank. .223
126 & int.
J,&J
20 Lawyers' Title Ins. Co. -.160
75
$13,000 Saratoga Gas & Elec.
50 North River Ins. Co
L.Co. I8t68,g.,1907, F.&A. SSia
1 .250
1 Central Trust Co
Mo, Kan. &Tex, BK. 1st
$400
&
Traders'
Bank
of
lOMech.
78'a
M. bond scrip
256
Brooklyn
Mo. Kan. & Tex. RR. 2d
&Tex.
KE.pref.
$500
$50 Mo. Kan.
41'3
M. bond scrip
20%
stock scrip
SOH $2,O0ON.&E.KiverR'yl8t68,
200 Norfolk City RR
g., 1916, J.&D., Dec, 1877,
61 Cent. N. J. Land Imp. Go. 63 ^
17
coupon on
20 Market & Fulton Nat.B'k.232'4
20,000 Wasatch & Jordan Val,
14 Conn. Talley Granite &
$5
1904
45
ER. 78,
Mining Co
320>2
15 Nat. Park Bank
Brokers' Quotations.
Brooklyn
Securities—
and
Gas
^. \.
GAS COMPANIES.
GAS COMPANIES.
Brooklyn Gas-Llght
Citizens' Gas-Llght
Bonds, 58
Consoliilated
lersey City
.—
Gas
Hoboken.
&
Metropolitan— Bonds
VltttuaUN. Y.)
Bonds, 6s
^faasaa (Brooklyn)
Scrip
116
113
90
lOO
95
170
110
116
100
135
100
10.'^
^anMus
Spencer
iPeopIe's (Brooklyn)
1
1U2
I
Aek
Bid.
60
128
iWilllamsburg
iioa
Bonds, 63
Metropolitan (Brooklyn). .103
iMnniciual — Bonds, 7s.
130
'Fulton Municipal
100
Bonds, Us
115
lEquitable
106
Bonds, 6s
I
95 Hi
115
120
102
I
92
130
108
135
lot
116
103
II
vrnd fftuanclal.
Trask
&
Co.,
BANKERS,
Nos. 16 and 18 Broad Street, Nenr York Citr.
ALBANY N. Y
SABATOGA, N. Y:
PKOVIIJBNCB, A. I.:
TRANSACT A RENKRAI. BAIVKIXK BITS! \ liMS.
All classes of Securitle.^ Boufirht anil Sold on Commission. Special attention
Direct wire to eacb offloe and to Philadelplila,
Investment Securities.
Boston and Chicago.
sriveu to
^CITV
25,337
2
•
to
to
Auction Sales,—The following were recently sold at auction
by Messrs. Adrian H. MuUer & Son
SPECIAL. NOTICES.
BONDS AXD OTHER FIKST-CIiASS INVEST-
ments adapted
48,333
to
to Marcli
to
to
to
to
to
Feb.
1 Jan. 26 to Feb.
to
January.
to
January.
to
!0n dem.
3
Lincoln Sate Deposit
New Central Coal
Pennsylvania Coal (quar.)
Pvillman Palace Car (quar.)
several seaboard ports for the week
shown in the annexed statement:
Com.
Books Closed.
[Days inchtsive.)
January.
January.
January.
January.
5
American
German-American
Greenwich
Hanover
14,214, 70»
146,>'50,747 3U3,109,a'>5 539,960.602
3,525,641
3,810,891
2,189,029
2.334,214
2,994,916
Jan. 25 to Feb.
2 Jan. 24 to Feb.
Feb.
Feb.
15.486,49;
ToUl..
108,200
Fire Insurance.
Jnne
. .
,
Jan. 31
Marcli 2iFeb.
Jan, 27
Jan. 15
3
Jan.
(quar.).
Central
Pittsburg & Lake Erie
Portland & Bochester
Rlclimond & Petersburg
Use.
dise.
3,311
Cent.
Railroad*.
General
22,609
2,743,724 3,552,440 419,586
2,814,916 3,770.769 440,471
11,215,867 5.039,3.'i6 1,329.503
13,23.i,(;99 8,395,027 1,684,261
6,677,034 5,590,309 311,015
Illinois
Konth.
380,00<)
DIVIDENDS.
Gin.
1690.
19,399
906
7,800
25,035,965
25,519,263
32,540,631
36,596,870
42,361,250
3,573
181,935
34,844
80,000
711,470
Mississippi
known firm of John Paton On canal & river.
who has been a member of
of the well
105,400
262,361
""lii
251,920
Detroit
Oswego
—Messrs. Worden & Fanshawe offer in our advertising col- 8t. Lotus
for careful Cincinnati
suitable
securities
of
list
selected
a
to-day
umns
short time, Boston
investors. This firm, although organized but a
Toronto
most experienced
is composed of gentlemen among the
m
46,500
17,000
38,045 1,073,760
79,000
180,247
142,000
afloat
for savings' banka, trust funds, and careful InvestaienDS
of individuals are made a proiulneat specialty iu the business of
Blake
Meters.
Bros. & Co., Bankers, of New York aal Ba>toa, See
card In the columns ot the. Cusosiclb.
Jandabt
THE CHRONICLK
24, 1891.]
163
«KP<r0m(««iMl8n.
4
0/«r<n«f. Purtk'm. Pnc4$ taid.
Jan.
QP* For divUlendi, we pnnottt pane.
WAL.L HTKKKT. FRIDAY. JAilVAR V ti3. lMVl-3 P. Rl.
The Monor Market and Financial SItnatlon. —Tlip market
has been dull this
silver legislation.
liullinf^ to awiiit the next phase in
the present outlook it geems quite improlwble that any free-coinage law will be passetl at this session,
and anything short of that, such as a bill limiting the coinage
to the Dniti-d States product, would not be likely to cause much
sjjeedy inflation.
There are certain classes of stocks and bonds that ought to
be proof against silver legislation of any sort. In the first
place, there is the whole volume of bonds that have their
interest and principal payable strictly in gold, and it is
not to be thought for a moment that there would be any
wavering in the faithful execution of this contract. In the
next place, if there should be a considerable inflation by
means t)f silver, the so-called industrial companies, as well as
and other mining comijanies, and
interested in mercliandise or products of any
corporations
sort, would immediately share in the higher prices in depreciated money,
and keep irnce with the inflation. It may be assumed by some
that railroad rates would be kept down by State Commisbut this could only be done for a short time, and
sioners
railroad rates would have to advance in proportion to everything else, as the companies have the broad decision of the
United States Supreme Court that rates prescribed for them
must be reasonable, and this means, if it means anything,
that they must be permitted to make a reasonable mcome
the
CA)al
all
;
from their business.
The tendency of money
affairs since the first of the
year has
been everything that could be desired, and both here and in
London loanable funds are in abundant supply at easy rates,
the Bank of England having this week reduced its rate to 3},^
per cent. Except for the check put upon business by the silver agitators, it is generally believed that the healthy movement at the Stock Exchange which marked the eai
weeks
of the month would yet be continuing. The bank; have a
large surplus and the Clearlng-House certi6cates ai nearly
all canceled, only §1,085,000 remaining yet outstandint::.
The open market rates for call loans during the wi ek on
stock and bond collaterals have ranged from 2 to 5 per cent,
the average being about 3 per cent. To-day rates on call
were 2 to 8 per cent. Prime commercial paper is quoted
at 6<g 7 per cent.
The Bank of England weekly statement on Thursday showed
a decrease in specie of £190,000, and the percentage of reserve
to liabilities was 42-89. against 44-33 last week; the discount
rate was reduced to SJ-i per cent.
The Bank of France weekly statement shows a gain of
5,32.5,000 francs in gold and 1,650,000 francs in silver.
The New York Clearing House banks iu their statement of
Jan. 17 showed an increase in the reserve held of $7,762,700
and a surplus over tlie required reserve of $18,183,825, against
$13,384, 2.")0 the previous weefe.
The following table shows the changes from the previous
week and a comparison with the two preceeding years in the
averages of the New York Clearing House banks
;
:
1891.
Jan. 17.
Ospital
Differen's/rom
Prev. week.
1890.
Jan. 18.
$
$
18S9.
Jan. 19.
»>7,119,,700
Surplus
61,062,700 60,762,700
57,710,500 52,402,600
Dec, 510,600 403,561 .400 389,325,500
Inc.
19,8001
3,749,600!
4,824,300
Inc 7,852,500 420.257,500 416,837,800
Inc. 4.632,1001 82,387,000 85,668,700
Inc. 3,130,600 30,458,500 36,570,30J
118,728,,200 Inc. 7,762,700 112,845,500 122.239,000
99,514,,375 Inc. 1 ,963, 1 25 105,064,375 104.209.450
63,375,,800
Loans and disc'ts 383,444.,800
Circulation
3,55H,,600
Net deposits
398.177,,.500
Bpecle
85,765,,100
liegal tenders...
32.963,,100
Reserve held...
Legal reserve. .
Bnrplug reserve.) 18,183,825|lnc .5,799.5751
7,781,125
18,029,550
Foreign Exchange.— Sterling exchange has been dull and
featureless, both the offerings and the demand being small.
Actual rates are: Bankers' sixty days' sterling, 4
demand, 4 86>^.g 4 86^^
;
January
23.
84Ka484V:
cables, 4 87(34 87J^.
Posted rates of leading bankers are as follows
Sixty Days.
:
Demand.
Prime bankers' sterling bills on London. 4 84i9»4 851a 4 87«3»4 88
Prime coinmerclaV
4 824i*4 83
._
'.'..['.'/
DotMiini-ntary commercial
4 82i4<*4 82>a
Paris (francs)
.!!!!!!. 5 20 3)5 19:'s 5 183t<^5 18>e
'.'..'....
Amsterdam (guilders)
40>«a'40i^
40>s» 401.
Frankfort or Bremen (relcliniarks) ..." I
95 '4 » 95^6 95%»957s
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying
par, selling % to 3^ premium; New Orleans, commercial,
$1 00 discount; bank, par; Charleston, buying 1-16 to par,
sellmg 1^ premium; St Louis, 25c, per $1,000 discount; Chicago, 25c. per $1,000 discount.
United States Bonds.— Government bonds are unchanged,
except the currency issues, which have weakened. The daily
purchases are shown in the following statement, kindly furnished us by the Treasury Department. The total purchases
under circular of October 9 this week have been $446,950
and the total purchases to date $9,115,950.
«*»,8C0
S3.IWC
8«,«IM
.
«o..
19.40(1
IV.400
81..
T9.8B0
4B.IO0
79.Jr,0
S3..
week and
From
IM.800
17..
i»
VoUl.
Ar Omt* tm 1907.
O/fiam. Parak'a. PMcm pat*
i
«»,tO0
207,760
a07.7M>
M4fl.8S0
M 16.800
The closing pnces
Board have been as follows:
at the N. Y.
Interest
Jan.
Jan,
Jan.
Jan.
Jan.
I'eriotls
17.
19.
20.
21.
22.
Q.-Mch. 103
coup. Q.-Mcb. l<i3
120
re(t. Q.-Jan.
118
Dostamp'dlut. pd.
conp. Q.-Jan. 1-20
48. 1907
118
Doex-cp toJ'ly,'91l
reR.'J. & J. 110
6s, cur'cy.'OS
103
103
,'103
''lOa
103
103
103
120
118
120
118
109
112
1891
4>si<. 1891
is. 1907
4isa,
rc(f.
cHrVy,'96....reg.iJ.
cur'cy,'97
roK- J.
6s,
6s,
68,
"
J.
JJ.
J.
118
•120
•118
.'lis
120
120>4 *120
*118
118
110
•lis
•109
•112
•114
•117
•121
110
113
116
llSi* II314
23.
•103
•103
•120
•118
•120
•118
*10»
•112
lllM •114
117H! 117
121 ^121
113
'118
118
120 •121
tbe price bid at tbe morainx board no saU was mada
cur'cj ,'98
c ur'ay,'93
•This Is
&
&
.»
&
103
120'4 '120
Jan.
re^-IJ.
reg.^J.
116
118
;
Gorernnient Purchases of Silver.— The Government purchases of silver the past week and since the first of the month
shown in the following statement. The total amount
authorized by law for the month having been purchased, there
will be no further purchases till Monday, Feb. 2:
are
589.000
1,019,000
21
"
23
'Local purchases
•
Price paid,
nil
I
326,000 $l-05-J8
nil
172,130
month
to date..
local purchases of each
•Total in
The
OiDiees
purchased.
3,997,014 $l-01i-j
Previously reported.
19
Januai-y
"
Ounees
offered.
week
4,495,144' $l-04>2
are not reported till
»$107
s
» $10552
a
®
« $1-07
Monday
ol
the following week.
—
Coins. The following are the current quotations in gold for
various coins :
Sovereigns
$4 81 »$4 87 Fine silver bars.. 10314? I O414
—93 * — 96
Napoleons
3 85 * 3 90 Fivefrancs
X X Reichmarks. 4 71 •» 4 78 .Mexican dollars.. — 8J a — 82
!-0
—
— a — 8)
Pesetas
4
Do
unoommerc'l
25
—73 « — 75
Peruvian sols
Span. Doubloons. 15 55 -315 75
315
silver....
4
70 English
80 a 4 85
Mex. Doubloons. 15 50
Finegold bars... par a^isprem. U.S. trade dollars — 80 a
©4
State and Railroad Bonds.— State bonds have been feaThe sales include: Louisiana consol. 4s, §14,000 at
923^®93; North Carolina consol. 4s, $3,000 at 96?4; Tennessee
settlement 3s, $6,0G0 small, at 69(370; Virginia 6s deferred
trust receipts, $2,000 at Q}:i, and the same stamped, §2,000 at 9.
Railroad bonds have been in fair demand and prices have
ruled steady. There has been a lack of special features. Mistureless.
&
souri Kansas
Texas issues, however, have been relatively
strong, Reading 4s, Atchison 4s, Northern Pacific consols,
and indeed most of the list, having changed but fractionally.
New York Chicago St. Louis 43 have been more than usuSan
ally active, and close \}>4 points higher than last week.
Antonio
Aransas Pas-i bonds are t)etter held. Pittsburg
Western firsts rose to-day from 76 to 77}^, closing at 771^.
&
&
&
Railroad and Miscellaneous Stocks.— The stock market has
into extreme dulness, though without any great
change in prices. The public seems to have lost its inlierest
in stocks, and even the professional traders, in view of the
pending legislation on silver, hold aloof. The bank statement
on Saturday, the 17th, was very favorable, and money has
been in good supply.
In the prevailing dulness Chicago Gas has been prominent
for activity. Rumors that changes in its organization and.
business would result beneficially le<l the way to a rise of
over two points, but this was succeeded by counter rumors
as
dividend, etc., and a decline of
to
passing the
about six points took place.
New York & New England
stock fell oflf sharply on the contradiction of the false representations of a consolidation with the New Haven Company.
The grangers have been rather Irregular, but prices close not
much different from last week, except for Burlington &
Quincy, which to-day declined two points. Northern Pacific
preferred has been relatively strong, and there has been talk
of its being converted into bonds.
Illinois Central has been
weak, falling below par again, and closing at 97(4. The
coalers have been variable, prices closing, however, within
about a point of the final prices the week before.
.^
Of the Vanderbilts, Lake Shore has been steady, while New
York Central has declined about 2 points. St. Louis & San
Francisco 1st preferred was without support, and, having sold
at 70 on the 16th of January, sold Wednesday of this week
at 61 and to-day is quoted 51 bid. New York Susquehanna &
Western has fallen off on a cessation of the stories as to a
lapsed
deal being in progress.
Silver has fallen on the postponement till next week of the
debate in the House on the Silver Bill, and the smaller prospect
of free coinage. The close is at 104, against 105J^ last week.
Lead certificates have been active, rising three- fourtiis of a
point, but falling off again, the close being at 19;g against
20,"^ last week.
Tlie talk of a dividend in February is current.
Petroleum certificates jumped yesterday from 74 to 77^2, and
close to-day at775^, the rise being based "mainly on the acquisition by Standard Oil of more property in Ohio.
THE CHRONICLE.
154
NEW YORK STOCK EXCHANGE-ACTJF^ STOCKS
[Vol. LII.
JANUARY 2^,
for week ending
HIGHEST AND L0WE8T PRICES
STOCKS.
KR.
ActiTe
Saturday,
Jan. 17.
Stock*.
Monday,
Tuesday,
Wednesday,
Thursday,
Jan. 19.
Jan. 20.
Jan. 21.
Jan. 22.
Friday,
Jan. 23.
29% 30
29% 29%
30%
30
Atcbison Top. & Santa Fe.
Atlantic & Pacific
Canadian Pacifle
29''9
30»8
•5%
S'a
30%
5%
29=8
30ie
29%
5%
5% 5%
75% 75% 74%
7514
756e 75%
751a
5OI4
50
5014 50ii
SO-s 51
5014
114 114
114
114
115
115
1141a
30
31
*30
31
30% 3018
*30
31
I8I4 I8I4
I8I4 18%
181a 18%
1838 1858
•46
47
•46
47
47%
47
471a 48
30 33
3II4
32
30
31
•30
32
751a
Central Paciflo
Chesaneake &0.—Vot.Tr.cert.
do 1st pref
Do
do 2d pref.
Do
128
Chic a CO & Alton
Chic. * Atl. Benef. Tr. Rec.
Chlcafco BuninRtoTi & Qulncy.
Chicago & Eastern Dlinols...
130
127
130
*11
14
11
127
130
127
*11
14,
•11
130
14
•30
17%
31
18
46
46
•29% 30%
'127
•11
91% 90% 9II4 90%
90
90% 92
90^ 92
48
48
48% 48% 49% 47% 48
471a 48
•91
92% 92% •91% 92
911a 92
93
*S7
pref.
Do
.54%
53%
54%
5114
55
54=8
SS's
55%
541a
ChlcatroMllwaukee&St.Paul
110 110% 110 110% 109%
110 110
....
pref. 110
Do
105%
106 106
106
105%
107%
106%
106
107
'a
Chlcaeo A Northwestern
137 *135 136% 134 135% 134 135% •134%
pref. 135
Do
70% 69=8
7II4
69% 70% 70
69% 7II4 70
Chlcacro Rock Island APaclflc.
•24
•24
•24
25
26
26
•25
261a *24
Chicago St. Paul Mln. & Om.
•80
•80
•80
83
*80
83
85
•80
83
pref.
Do
63% 63% 63% 62%
63
6314 64%
631a 64
Cleve. Clncin. Chic. & St. L...
96I4 se^ '94
•94
97
94
97
*94
98%
pref.
Do
•26
27
26% 26% 27
27
27% 27
ColnmbusHooklnsVal. &T0I. 27
.
A Hudson
Delaware Lackawanna *West
Denver & Rio Grande ...
DelaTrarc
Do
pref.
7%
& Ga
East Tennessee Va.
Do
Do
67
17% 17%
I8I4
I713
2d pref
EvansTllle * Terre Haute
Great Northern, pref
*63
64
64
1st nrof
8I4
8^
8I4
nil
il5
*74
75
lOlij 102
•74
'17
»110
76
•64
Louis,
New
Alh.
A Chicago
Manhattan Elevated,
Mexican Central
Michigan Central
Milwaukee Lake Sh.
Do
Minneapolis
A St.
IO2I3
consol..
24
24
24
.
.
102% 103
23
*90
108
pref.
92% 92%
Do
pref.
pref.
117
116
63I4
29
100
*60
63
14
135
70%
25
83
62%
97
64
Ist pref
2d pref.
*23% 25
19% 20%
New York Lake Erie A West'n
Do
50
pref
Do
50
111
111
pref.
-7
8
•21
23
23
23
87%
•86
Do
•109
"......
63
24
25
25 14
25
63
25
2OI4
20%
2OI4
20%
28
97
28
29
93
'91
61
63
25
20 14 20 '4
63
•51%
Do
•62
pref.
Rome Watertown A Ogdensb'g
St. Ixiuis Alton A T. H pref.
8t, L. Ark. & Tex., trust rec.
St. Lon. A San Fran. Ist pref.
Paul
Do
A
65
61
25
24=8
20% 20%
'51
'51
pref.
Texan A
A Manitoba
104
. .
A Ohio Central
Wabash
•10
65
•58
70
23%
lo% 15%
19% 19%
•60
87
45% 46%
44<>8
23
23
Do
I>0
pref.
Buckeye Pipe Line Cortirs
Chicago Gas Co
23
,
'
*18%
19I4I
*38i9
41
|
70
87
46
23
IOI4
17% 18%
•72
-10
61
11
70
104
23%i
Distilling A Cattle F. Co
Edison (iruoral Electric.
Laclede Gus (St. Louis)
National Lead Trust
North American Co
OregOB Improvement Co
Pacific Mall
Pipe Line Certiticat«8 \
PnUman
Palace Car Co
Silver Bullion Ccrtlflcatcs.
Sugar Retln'sCo. Trust rec'ts.
pref.
43% 45%
36% 37%
95% 95%
4559
22
44% 45%
22% 22%
22
40
18%
40
39% 39%
18% 18%l
20
32%
71%
39
40
47
89%
18%
20%
15%
25%
34%
73%
48
9H
47% 47%
89% 90
18% 18%
21% 20%
16% I669
23% 26%
34% 315g
73% 73
190 192% 192
10S% 106% 106
78
80% 77%
36% 37% 37%
85
90
20%
21
17%
26%
3t^
74
192
46
37
95
47%
91%
19%
20%
15%
23%
34%
73%
18% 19%
32%
71% 71%
21% 21%
32
I
190
106% 103
80
37%
85
80
Union Telegraph ....
78% 79
79%
These are the prices bid and aiked; no sale madi
45% 47%!
37
*36% 37%l
9S%I 95% 95%
47% 47
47
91%i 91
93
I
I
106
37
16%
25%
34
31
73%'
190%!
73
79% 79%
j
20%|
16
190% 187
76% 78%
37
19% 19%
1958
103%
77% 77%
104
37
33
79% 79%
10
10
47%
20%
20%
16%
23%
34%
74%
19
70
•83% 90
1856
96
43,827
19
•60
2158
45% 47%
37% 37%
183b
23% 23%
15% 15%
19
22%
20
190
19
70
•83% 90
22
6,432
5i%
104
45%
12,646
32^8
104
'ISia
72
10%
65%
51%
17%
71%
29%
64%
104
23% 24
19
•60
ro
21
32=8
11
63
12
12
19
13
12
13
12
14
13
93%
14
20
Jan.
Jan.
Jan.
Jan.
Jan.
30% Jan.
19% Jan.
49% Jan.
32% Jan.
130 Jan.
Jan.
49% Jan.
92 Jan.
57% Jan.
112 Jan.
108% J«n.
138% Jan.
72% Jan.
27 Jan.
82% Jan.
6358 Jan.
98 Jan.
29 Jan.
136% Jan.
139% Jan.
20% Jan.
63% Jan.
8% Jan.
66 Jan.
71%
19%
91
88
79%
Jan.
27
Jan.
105
Jan.
24%
Jan.
93
Jan.
Jan. 23 93
Jiin.
3 111
105
4%J>in.
10 Jan.
6%
12%
5
13
14
14
14
12
14
14
7
13
9
12
9
13
12
14
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
14
14
14
7
23
14
14
23
14
9
10
21
14
15
14
4
14
15
14
10
14
12
12
675eJan. 15
•27
29
213 26
28% Jan. 5
'92
96
100 93 Jiin. 21 95 Jan. 6
100% 101
1,479 100% Jan. 22 104 Jan. 12
12
12%
715 11% Jan. 2 12% Jan. 3
•61
63
63 Jan. 15
410 57 Jan.
•24
25%
850 23 Jan.
25% Jan. 5
19% 19% 2,125 19% Jai'.
21% Jan. 14
51% 51%
52 Jan. 16
200 48% Jan.
37=8 3858 51,0.50 32=9 Jar.
41% Jan. 15
'265
270
270 Jan. 16
259 254% Jan.
16% 1658 3,430 15% Jan.
17% Jan. 14
8%
8%
920
95s Jan. 14
7% Jan.
32%
32
3659 Jan. 14
900 28%Jui.
•16
17
lti% Jan. 14
225 14% Ja".
55
53% 1.170 53% Jan.
57% Jan. 14
27% 27
30 Jan. 14
32,757 21% Jan.
70% 71% 43,153 63% .Tan.
71% Jan. 19
19% Jan. 17
50 18 Jan.
•16
18
401' 14
17% Jan. 14
Jar.
75
77%
82 Jan. 12
490 75 Jan.
21% 22
24% Jan. 14
1,066 19 Jan.
*16% 17%
18iBJ"n. 13
830 14% Jiin.
21
64
14%
6'i
-10
11
15% 15%
19
330
360
135
500
100
440
901
16
62% *50
103
90
10%
19%
32%
71%
64
Jan.
Jan.
630 19
97
2,330
1,010
12% 12%
17% 18
10% 10%
19% 19%
32
32%
1
71%
22% 22%
20%
32%
34,925
53
327(
24%
'44% 45%!
>2i
22%
17%
103% 103% 101% 103
127% 120 127% 120 127%
23% 23%
15% 15%
19
•60
80
71% 72%
29% 29%
74
29% 29%
•64% 65%
63
103
18
•51
5.
Colorado Coal A Iron
Consolidated Gas Co
TennMseeCoal A Iron
do
_ Do
87
10% 10% IOI4
19% 2014 20%
32
32% 32
72% 73%| x71%
22
22%l 22%
pref
104% 103
2368
pref
,
Wheeling A Lake Erie
Do
do
pref
Wisconsin Central Co
niiieellaneona Stncks.
American Cotton Oil Co
WMtem
19
A Gulf,
„
tlnlon Paoitio
Denver
19
82
I>o.
Pacific
103
103
23% 23%
15% 15%
Pacific
Ann ArlmrAN. M
Union
73
•50% 53
53
17% 18%
71% 73
29%
24
Southern Paciflo Co
Toledo
65
71
53
29
64
103
103
127% 120
Duluth
St Paul Minn.
Tol.
64
29%
63%
102% 102% 103
120 127% 120
•IOI4 11
•10% 11
.
St.
74
2914
•62
88
110% 110%
109 110
'3%
6% '5% 6%
12
12
>ll% 13
112
12% 12%
•21
22%
22% 23
65
65%
65% 65%
62% 63
73
pref.
Rio Grande Western
•86
77% 77% ;73% 77%
6
13
93
17% 18%
17% 18%
73%
28% 28%
KIcbmondAWestP't Terminal
77%
8
•14% 14% 14% 14%
56% 57
•56% .57
107 107% 107% 107%
•5% 6
•11% 13
13% 13% 12% 12%
6
11%
100
5II4
116
.
97%
25
25
•24% 26
23
24
25
102% 103
101% -103 IO414 103 103
•23
23%
2414
23=8
2414
23%
23%
23%
93
•91
93
93% 93% •91
92
92
88
88
•89
92
90
90
90
90
"93
•51
50
17% 17%
99
I9I4 •18% 19% -18% 19%
19% 19% 18
17% 16% 16% •16
16
16% *16% 17% •16
•77
81
81
•78
79
79
bO
80% 81
•20
21
21% 21% 22% 22% 21%
17
17% 17
16% 17
18
17% 16%
17
33% 32=8 33
32%
32% 33
32% 33% 32%
15I4 15I4 •14% 15
•14
•14% 15% •14%
15
Fhlla.A Read.Vot. Trust. Cert.
Pittsburg Clnn. Chic. A St. L.
66
•7
.
,
•63
50%
2 32%
3
6
6 73%
2 51%
2|118
4,335 104% Jan.
11 135 Jan.
22,127 67=8 Jan.
23% Jan.
80 Jan.
4,588 59% Jan.
20 96 Jan.
790 26 Jan.
1,039 130% Jan.
18,992 131 Jan.
835 17% Jan.
1,955 57 Jan.
323
7 J>in.
200 60% Jan.
19%Ji.n.
700 16 Jan.
50 112 Jan.
115 Jan.
77% Jan.
2,835 72 Jan.
3,045 97% Jan. 23 103% Jan.
50
6% Jan. 10 7% .Tan.
150 20 Jan. 3 23 Jan.
900 14 JdD.
15% Jan.
58 Jan.
2,635 54% Jan.
3,960 106% Jan. _ 109% Jan.
334 86 Jan. 3| 88% Jan.
97
99
38% 36=4 38
37% 38% 37% 38%
40% 415s 36
New York A New England.
New York New Hav. A Hart 270 270 264 270 270 270 270 270 270 270
16%
10%
16%
16%
16% 16% 16=8 16
1658
16%
New York Ontario <K West
8I4
•8% 9
8%
858
8% 8%
9
•8%
9
New YorkSusquehan. A West,
33
34
•33
•33
3314
3314
34
31% 315?
34
14
Do
pref.
I6I4 16% •16
•13% 17
17
17
17
16=8 16=8
Korfolk AWestem
55 56
•56
55% 56
55% 55% 55% 55%
57
pref
Do
2'
2758 285?
27% 28I4 27% 28% 27=8 28
27
Northern Paciflo
7II4
7058
71%
7114
70%
70% 71% 70% 71
69%
Do
pref
Ohio A Mississippi
Ohio Southern
Oregon Ry A Navigation Co.
Oregon 8h. L. A Utah North..
Peoria Decatur A Evansvllle.
'94
88% Jan.
41% Jan.
590 105% Jan.
25
103
100
51%
50
74,991
62% 62%
76
103% 102% 103
101% 10214 100% 101%
103% 103% 102%
*12i4 12%
12% 12% 12%
12% 12% •12
12Vi 12%
Do
51%
24
Jan.
Jan.
Jan.
Jan.
Jan.
300 83
9
'80
'110
*27ia
Do
27,240
2,822
110
106
136
70
26
83
69%
116
MobileAOhio
New York Centra! & Hudson
New York Ohio. A St. ].K)uis..
128%
88% 90%
48
48%
74% 76
110
117
Nashv.Chattanoo?a&St. Louis
93
30
17
890 44
700 29
1,933
30
130
14
136
106% Jan.
10
46% 46%
91% •91
53%
5458
109% 110
105%
106
17% 17%
73% 74
74% 74%
21% 22% 2II4 22
6558
65% 66% 65
29
28% 28% 28
22%
93
6
....
14
"
14
65ifl
95
112
-12
121a
14
22
Mo.K. ATex., ex. 2d m. bonds
Do.
Missouri Paciflo
•90
108
6
61a
95
112
•6
*llia
Louis
23
23
231a
90% 90%
A West..
24
104
48
64
66
17% 17%
18
100% 101% 100 1007I4 100 100%
•7% 8
714
•7% 8
8
'71a
Iowa Central
•21% 23
•21% 23
•21% 23
'21
23
pref
Do
14%
14%
14%
14%
14%
14%
1414 14%
I/Bke Erie A Western
5714
56I4 56=8
57 14
56% 57% 57
57
nref
Do
107%
107%
107%
107%
107%
107%
Lake Shore A Mich. Southern. IO714 IO712
88I4 88I4
88% 88% 86% 87
•86
88
Lone Island
Louisville Evans. & St. Lonit-. See foUowin KPage
78=8
77% 77=8
78% 77
76 ^s 7818 77
Louisville A Nashville
Cen tral
Illinois
90%
48% Jan.
4,289
1,117
31
17% 18
30
28% Jan.
400
5 Jan.
710 72% Jan.
•30
127
•11
1891.
1,
of sales In 1891.
Highest.
44,267
27%
27% •26
135% 135% 13458 13458 133% 134
137^8
137%
138
138 138% 137%
18% 18%
19
19% I914 19
•61% 63
62
62% 61% 62
7% 8I4 7% 7% •7% 8
134% 135
137% 13814
1914 19%
62% 62%
•7%
63% 63%
13418 I3418 13458 134=8
138»8
137% 1381s 138
19% 19% *19i« 20
62% 63 14
6258 6258
130
14
JAN.
Range
Week,
112% 113% 112% 113%
114ifl
since
Shares.
5% 558 '558 5%
7559 75=8 -75% 75=8
49% 49%
49% 50
50
Canada Sonthem
Cen tral of Ne w Jersey
and
Bales
of the
15
72%
29%
64%
103%
127%
1 ,430
1,365
11%
20%
60%
14
Jan.
Jan.
Jhu.
Jim.
23%
32% Jan.
12% Jan.
48
16
J
:n.
J
n.
3459 Jan.
15% Jan.
55 Jan.
19% Jan.
74% Jan.
67% Jan.
30%
23
J n.
776 55% Jan.
101
122 100 Jan.
120
120 Jan.
11
10
10 Jan.
51
65
200 61 Jan.
415 24 Jan.
85 Jan.
103 105
10 100 Jan.
23=8 24
1,630 23 Jan.
15
15% 4,610 14 Jan.
18% 18%
950 16% Jan.
•60
70
61
Jan.
•83% 90
100 81% Jan.
4459 45% 55,050 42% Jan.
•22
23
835 21 Jan,
9% 10
955
9% Jan.
19
19% .,,„..
5,040 16% Jan.
31% 32% 4,163' 31% Jan.
70%l 1,916 67% Jan.
70
21% 21%l 1,265 18 Jan.
Jiiu.
Jan.
Jan.
Jan.
12% Jan.
21 70 Jan.
15 25% Jan.
Jan.
5 88
2 106 Jan.
Jnn.
26%
16
2 16% Jan.
2 20% Jan.
13 61 Jan.
12 87 Jan.
2| 4859 Jan.
24% Jan.
5 11 Jon.
2 21 Jan.
_
23, 35% Jan.
2 74% Jan.
2 23% Jan.
66
103
1221.2
—
-17% 18%!
40
40
20 Jan.
1,000 15% Jan.
43 Jan.
325 33% Jan.
25 Jan.
22,000 19 Jan.
45
42
47% Jan.
39% 43% 1?8,028 34 Jan.
3859 Jan.
33% 36
34% 35
1,210 33 Jan.
93
95
94% 95
1,145 194% Jan. 23 97% Jan.
47
47
46% 47
3,195 42% Jan. 2 49 Jan.
92% 92% 94% 94% 1,881 88 Jan. 3 94% Jan.
1859 lb%
18% 18%i 13,321 15 Jan. 2J 20%Jjn.
19% 19% 19% 1958 86,885 17% Jan. 2 21% Jan.
15% 16% 15% 16% 19,385 11% Jan. 2; 18 Jan.
24
24
24% 24% 1,090 15% Jan. 7 28 Jan.
33% 34% 32% 34%! 2.813 33% Jan. 6 3559 Jan.
74
78% 76% 77%'755.000 71 Jan. 2 78% Jan.
189% 189% 189%189%| 1,170 184 „,.... 5'l96%Jan.
103% 104
103 104 \r,4i^;-xK 103 Jan. 23,107% Jan.
•7
78=8
77% 77% 19,275 56% Jan. 2 83% Jan.
36
37% 36% 37% 2,657 3 2% Jan.
39% Jan.
86 Jan.
83
83
110 80 Jan.
79
80 Jan.
79% '78% '79'
6,550 '6 Jan.
17% 18
38% 41
19% 23
Prices tro.n hotji fixoUing,i<
J
Lowest
1
U ex-liv.
t
Under the
rule cash,
x Ex
diT.
8
14
13
14
13
12
12
15
3
14
16
15
9
12
12
14
13
13
19
14
14
14
14
,„
12
14
14
14
14
14
19
14
14
12
23
20
17
14
14
7
22
14
,.
15
U
14
14
12
JAm^ARY
THE CHRONICLEL
84, 1891.]
NEW YORK STOCK EXCHANGE PRICES
Jan. 23.
iNACTivK Stocks.
Hntli'on.i Morkiii
Alnhaiuu A Vlrkliiirull
Fort l>o<\ge
100
I
150
5>s
25
15
ISOViJan.
4% Jan.
4^ Jan.
1,
15
13
,100.
loo;
loo; 181
10
8
.100
Georgia Hiiclfti'H
Ori'cii I!av Will. A 8t. Piiiil... ,100
,100
Honmiiii AToxaa Cmitral
Illlin)l» Central Icasod linos... ,100
7i«i
S"*
2>4
Jig
00
13
100
100
100
Preferred
50
K1nK«t<>u A Pembroke
IvOiilsv. Evans. A St. I.O., cons 100
100
Preferred
100
LnulitvilleSt. L. A Texas
50
Malimiiug Coal
50
Prefirred
Marq. Houghton & Onton..". 100
100
Preferred
Mii'hlitan
14
22
84
124i Jan.
1 RTg Jan.
81 Jan.
6>g Juu.
B^i Jau.
2
Jan.
15
Jan.
Jan.
Jan.
6I2 Jan.
8>9 Jan.
om Jan.
151a Jau.
15>« Jan.
A
Morris
No
A
57
55
16
tI7>«
63
Jan.
Jan.
18
Jan.
Jan.
price
FrWny;
83
!l45
142 Jan.
13
15
American ('atlleTrustH
11
Jan.
Amorlcan Cotton Oil trust reo.lOO I20'4 20''8 15% Jan.
100;116 1117 113 Jan.
Ainerleou Express
ii7iaJaD.
Am. Sug. Retlu. Co. temp. ctfs.lOO ;57»a 00
Preferred
100 ;86>«;
86 la Jan.
Telegraph
Cable
100
A
Am.
80 Jan.
J81
Aiuerloau Tobacco Co.,pref ..100
99 Jan.
Brunswick Ooaipany
100
21 Jan.
100
Columbus A Hocliing Coal
17% 20
174 Jan.
100 103 107 1031a Jan.
Commercial Cal>le
100 123
Cousol. Coal of Maryland
25 Jan.
Laclede Gas pref
100 59
61
55 Jan.
Lehigh A Wlllces. CoalTT
15
20
100 116
Marylniid Coal
15 Jan.
Minnesota Iron
100
80
791* Jan.
National Linseed Oil Co
100 SSia 40
39 Jan.
1454 Jan.
414 Jan.
141a Jan.
.,...•.
New Central Coal
100,
Ontario Silver Mining
Jim
100
100
41Ja
15
Phila. Natural
Postal Telegraph— Cablelf
Quicksilver Mining
Preferred
Jan.
lOOj
,100 107
il45
Jan
147
1075h104
Jan.
10708 Jan.
5
Jan.
Jan.
Jan.
Jan.
Jan.
814 Jan.
100 Jan.
21 Jan.
19^8 Jan
107 Jan.
28 Jan.
60 Jan.
95
I
10% Jan.
17
81
423e
12
41
Jan.
44
Jan.
Jan.
Jan.
Jan.
Jan.
34
Jan.
37
Jan.
I
.:
I
6I4
lOO:
7
40
100; 38
15ial 17
lOOj
lOOl {70
lOO! 140 tl.">0
Texas Pacitlo Land Trust
i
43's
U.S.Express
Wells. Fargo Express
Jan.
22^ J.%n.
117
65
'
50 260
50 21
Oas
13
5
Jan.
Jan.
....<.
!
100 140
88
.
Miss.Val.'i.
180
Jan.
30 V) Jan.
Oregon Improvement., pref
Pennsylvania Coal
721a
25:
.1001
50i
Western
Jan.
Jan.
I
,
Essex
Newport News A
K. Y. I>ack.
8
1804 Jan.
1
,
Mexiean National
149
I
Keokuk A Dcs Moinos
Memphis A Charleston
181
Bighttt.
Jao.
Jan.
1
2i«.Ian.
OOinJan.
in 1891.
Jan.
Jan.
Jan.
Adams Kxpivss
'
10
I
talet.)
(tateti
LotfMt.
50 t.fZH
28
100 180 198 180
lOo
100 28
201a 261a
lOO
3h 41a 31a
100 13
15
141a
lOOi
Virginia .Midland
iniiK'eilHiieoiiti iHtocka.
iJijnni'li
I
Jan.
41$
.100
AtlMi.T
Prt'fcrrpdH
Flint iV IVrc Marquette
Knimwlia A
"siTsJai;
78 'g Jan.
Rangi
Ask.
Bid.
unlisted.
St.
8t.
I
1.50
100
iJc
I
Jan.
,
Prcf.rrcd
Shore
10.1
I
50
100
t>.
1
103 Jan.
100 100 101
'ie
100 20
29 Jan.
100 :.'U
100 75% 78»8 74 Jan.
.35
100
22
10
14
100
4>«,Tan.
100
3V 7
Burl. Ccdiir
Ciillfoniiii PaiiHfir
Cwliir Falls ti Mlinipsota
Oli'Vclnml it I'itlnlmrK
Coluiiiliia it llrci'uvlllc pf
8TOCKII.
Prefenert
Reusselaer A BaratoKa
Joseph A Urnnd Island
Louis .\lton AT. H
South Cai-oilna
Toledo Peoria A Westerutl
Toledo 8'. I-ouis AK. Cityfl
I
I
120
&
Hiiplil.t A Nor
Jan. 23.
100
A Kastem
8
Pills. Ft. Wavuc A Chicago. ...100 149
PlttshurK A WeKtcm
50
I
.<il'harli>llo All- I-IT...
Bcllcvlllti AHtmtli. 111. picf...
BoBloiuVN. Y. Alil.liic i>i-cf...
BroDklvii Klpviiti'UT
Pltte....
Buiriiln KoeliPMtcr
Pri'fiTii-d
InlioMea actual
(t
Peorin
100 35
46
100 160 ,170
97
100 94
Atlimtn
Diiliitli
ntglutt.
I
Ik 8uH(|iit'liaiiiin
Di's Mi>iiie»it
Lowtit.
I
STOCKS.
iNACnVB
f Indicates
I
Ask.
Bid.
1 IniilcittOH IIIlllKlMl.
Alliunv
(Coutlnueil)— rY/tCnF^
Rang»{talf)i>%l%n\.
155
'6% Jan.
39% Jan.
&14 Jan.
Jan.
141a Jan.
\
38
I
65i»Jan.
137 Jan.
.
I
16>4 Jan.
Jan.
Jan.
70
137
latest pric« this week.
NEW YORK STOCK EXCHANGE
SECURITIES.
SECURITIES.
Ask.
Bid.
JANUARY
PRICES.—STMT'S BONDS
SECURITIES.
Bid.
8.C. (cont.)— Brown oonsol.e.s. 1893
1892-1898
Tenues-see—Os, old
96
Ask.
Bid.
1
23.
Ask.
1
Alabama— Class A, 4
1906
1906
Class B, 58
1906
Class 0,48
1920
Currency funding 4s
Arkansas— 6s,fund.Hol. 1 899-1900
do. Non-Holford
78, Arkansas Central KB
Louisiana—78. cons
1914
to 5
Stamped 4s
1024 1044 New York— 6s,
105
99
104
74
1893 103
North Carolina— 68, old
JAJ 30
104
Funding act
1900 10
1084 New bonds, J. A J
1892 1898
20
14'8
150
180
4
105
10
9238
1894-1 895 106
Missouri— Fund
loan
Chatham
I
RR
Special tax. Class
;
Consolidated 4s
6s
934 Rhode Island—68,
1
1
Comi romise, 3 4-5
New
5
5
1
5s
38
Virginia—63. old
1910 964 97
1919 122 127
cou..lS93-1894 103
South Carolina— 6s, non-fund.1888
6s, consolidated bonds
68, consolidated, 2d series, recta.
68, deferred, trust receipts
44
a 34
624
1912 70
1913 102 1054
1913 98
1913 684 "ib"
6s
settlement, 68
84
94'
1
New York
*
City
Bank Statement
We
as follows.
BANBS.
1890,
is
Bank
New
Sv/rplua.
«
York...
(
LoafM,
•
1.748.4
1,393,3
12.020.0
10,638.0
8P4,8
6.605.7
7.801.0
13,367.0
4.884.0
9.784.2
Trailers
2,000,0
2.050,0
2,000,0
2,000.0
3,000,0
1,000,0
1,000,0
7S0,0
300,0
600,0
1,000,0
300,0
200,0
Greenwich
Leatne' Manufacfrs.
Seventh National
200,0
600,0
300,0
695,5
21,981.1
3.149,7
6.319.1
1.834.1
2.687.0
1.163.8
3,041,9
81,1
1,45-2.9
York....
1,200,0
6,000,0
6,000,0
1,000,0
1,000,0
490,4
3,489,9
1,939,7
3,423,8
1,039,J
lo,629.'.>
92.S2
395,1
983,1
711,7
301,0
643,3
1,557,2
295,2
411,9
237,4
725,2
109,9
286.9
of
Uanlintian Co
Merchants'
Uechanlcs*
America.
Pheuix
City
,
Tradesmen's
Chemical
Merchants' Kxctiange
Oallatiu National
Butclicrs' A Drovers'.
A
Hechanios'
BUteot New
Ameriian Exchange..
Commerce
Broadway
Mercantile
Paclllc
460,0
200,0
700,0
Peoples'
Irving
1,000,0
600,0
-
CltiieLS'
600,0
600.0
760,0
600,0
600,0
Kassan
Market
A Fnlton
Nicholas
A
Shoe
Com
Leatlier
Exchange
CentiueutaL
1,000,0
1,000.0
OrlentiU
Importers'
l,500,r-
Park
300,0
A Traders'
2,000,U
East River
Fourth .National
260,0
3,200,0
2,000,0
Central National
Second National
Ninth National
First National
Tkird Natiunal
K. Y. Natl I'.xchange
.SOO.O
760,0
600,0
1,000.0
300,0
Bowery
New
ork County
German- A merlcan
Chase National
'260,0
200,C
750,0
600,0
100,0
200,0
200,0
600,0
300,0
'i
.
Fifth .Vvouue
German Kxchanre.
. .
Gennania
United ytates
Lincoln
Garlleld
Fifth Niiiioaal
Bank of the Metrop...
West
656,9
2,455.il
98,2
6,423,9
141,8
1,494,2
301,7
243.8
13'2,0
1,600,0
North America.
Hamjver
St.
1,899,1
1,926,2
422,7
Kepublic
Chathiim
300,0'
160,0
300,0
200,0
500.0
200,0
.'^ido
Seaboard
Stath National
western Rational....
First Natlonal.B'klyn
local
week ending Nov.
(00)
8,600,0
300,0
.
1,141,5
317.4
392,2
4,858,6
2,423,0
143,9
1,662,0
540,2
330,5
309,7
8.701,3
2.0:i2.b
SvtcU.
«
2.640.0
1,961.0
1,858,5
l,0'i2,0
a.lP.O.d
988.0
2.017.4
213.1
5.940.9
519,3
776,5
400,0
102.0
177.1
382,8
363.5
18.0i9.9,
603,
3,001.0
1.827.1
5.538..:
1. '244.2
7.«i2,8]
1.318.8
447.5
2.551.0
10,252.5
5,742,21
2.336.2|
4.669.6
13,046.8
2,797.0
2,573,1
2,877,0
4,075,4
1,837,4
2,475.0
6,481,2
4.258,1
2,1U0,0
20,832,0
19,'i90.0
l.'J17.7
l,s.34,8
678.4
272.0
320.7
3.355.8
368.2
642..<
433.3
005,7
175.6
417,0
1.016,8
828,3
151,6
4.532.0
4.188.0
243,8
16.963.7 4,285.1
6.422.0
835,0
4,158,0 l,28t>,d
5.051.4
957,1
21.393,8' 2,961,7
4,'.i69.6
244,0
307.0
1,445,0
141,8
17'2,1
2,700,0
404.8
55«.0
2,612.2
521.4
730,0
2.S92.2,
256,4
460,0
10,442,5 2,871,4
917,1
4,189,9 1,177,3
781,41
2,709.1
468,1
191,.t
2,69'l,l
443.4
192,2
4,181,4
507,7,
771.4
3,846,0
301,3
770.1
8,147,4
328,4,
485.8
1.836.9:
319,0
335.2
672.6i
3.939.61
789.9
1,9.'.6,0]
242,11
274,0
166,0l
3.4,32.0
530.0
1.53i.O,
384,0.
194.0
258,8 10.320.4 2.083.1
4,142.9
761,1
719,3
Legala.
t
250,0
410,0
153.0
488.0
688,76.0
652.0
148.4
1,001,5
297.2
LtevoHU.
*
11,400,0
lo,442.0
8,894.2
5.991.0
12,545.0
4.135,0
9.440,7
I.HTb.O
2'3.4.?6.7
29.l>
3,188.7
4,288.3
1.747,8
3.008.0
1,185,2
2.377,0
1.695.2
208.0
239.0
12.X88,0
1,39'3,4
ll,7-f2,0
133.9
787.6
261.7
319.3
359.0
141,4
384,1
837,2
144,5
120,7
842,8
239,9
130,5
286,0
4.679.3
7.981.3
10,163.9
5.557.1
2,906,7
4,381,7
13,814,9
2.363,0
3.019,8
3.578.8
3,991.4
1.717.8
2,888,0
2'27,0
S,88l),»
137,7
341,0
1,013,0
21. 184.0
039,0
22.3(1,0
82,1
1,137.6
17.475,0
8.448,0
247.8
70.1
372.0
137.7
148.6
881,6
576,0
101,0
322,7
784,5
481.0
89,0
156.0
110,0
61,8
707,8
140,3
688,0
281.7
48.7
200.4
439,4,
268.81
394,1
284.0'
337.0'
122.0
471,4
174,3
•2,942,1
3.1'25.2
Survlua.
Depo»iU.^
Lf-QoU.
Specie.
*
VorU.'
'i..c.7'n
OUanngt.
Dec.
2.1 ...
Jan.
27.,
3..
I
396. 378,0 74.476,7 25.102.2 359,320.0
38.-, 321,8 77.812.3'25,423,2 3-i ',819,3
385. 878,5 78,883,2 26,571.71388.63 J.l
383, 935,4 81.133.0 29,832,5 3H0,325.0
333,441,8 85.785.1 32,983,1 39-1,177,6
122.785,
12-.'.785,
,,132.49.'>.l
132,195,
132,495,1
Boston. *
Jan.
••
"
3
153,,716.7 10.213.71
155,,972.4 9,272,7i
135,,787.7 9,161,2:
65,812.!
85,842,1
66,342,'
10...
17...
6,089,1)
5.152,1
18.064.9
3.518.2
1.283.4
2.822.0
3.079.4
2.;.
87,
1 '.'.405.8
3.5S0. 1 640,,771.3
3.5S0,,0 4 85,,5-24,3
3.399, 9 574,,789.7
3.538. 8i«9l 936,9
3,558. 8702 463,9
5.478.1 13I.443.1 3,243..8 91 017,3
5.836,8 133.200,5 3.231.,6 96, 978,4
6,678,5 133,484,4 3.245.,11 103, 371,9
PhllR.'
Jan.
3
85,793,
...
"
10...
"
17
91.956,0 2,185,0 62,469,9
92,007.0 2,178,0 71,182,1
91,512,0 2.180,01 73,043,8
25,685,0
25.701.0
98,,815,0
98,,783.0
97,,146,0
35,793,'
35,793,'
..
26,35-2.0
' We
omit two ciphers in all theee ftguree.
Idlphla. the Item " aue to other banks."
f Inoladlns. for
Boston and Pkl'a
City Railroad Secnrities— Brokers' Quotations.
Atlantic Av., B'klyn.St'k. 1120
Gen iM.,5i, 19(I9...A&0 !l05
ai'okerSt. A FuLK-Stk. 24
let mort., 79., 1900-.J&J '110
Sr'dway k 7th.^v.--St'k.. '190
1st mort., 58, 1904 .J&D 103
2d mort., 58, 1914.. -J&J 101
H'way
2nil
6fl,
'24
l8t, 59, gu
int. as rent., '05.
102
95
Brooklyn (Jity— Stock
Ist murt.,
5.9,
170
1902..JifeJ 100
B'klyucnust'n
68.,
1908 108
Bkn.L;'y,fe.N'n58,1938 J&J lOlt
ientrai Cro.istown— Si'k.. 155
Ist morU, 8.9, 1922. MifeN 117
Cint. Pk.N.ifc K.Kiv.— Stk. 117
consols. 7s, 1902 ...J>feD 115
>ry Dk.K.B..ft Bat'y— stk. 1135
Isl mort., 78, 1883..JdfcD 102
4,511.4
2.040.0
Bank Stock
BANKS.
Bid.
213
imerloa
Im. Eioh... 150
kabary Park
Bowery
3UU
8otoh9'*Df. 170
Central
1'2»
Uhase
300
375
Chatham
List
3, 3-29.1
City
460
8.060.5
4,558.2
4.188.4
3.795.8
2,023,9
4.715,9
2,039,0
3,915,0
1,280,0
9,140,4
4,039,0
Oltlsens'
165
.
138
CornKxch...
-240
Contiuenlal
,
1
196
140
i£ast
fifth
300
-2000
Plrst N., 8. 1. 102
Uth Street.. 170
Faorth
1
110
171>al76
1-20
l'2l>
117
14(1
107
I
FdtA 100
ICl
190
300
l9l mort., 79, 1893. AifeO 105
St. -M.lnh.i St.N.Ave.i 38
1st mort., 6s, 1910..SI&S 112
~•-- - 60
2d .H,.
lncoiuo,89....JiftJ
iHoast. W.St.it P.F'y—Stk. 300
1st mort, 7s, 1894 . J.fcJ 100
42d
-
I
.
I
{Ninth
Ave
UAN
1st mort., 6s, 1910.
ISlith Ave.— Stock.
Third Ave.— Stock.. ......
lat M., 59, 1937. ...JAJ
Twenty-third St— Stock..
1st mort, 78, 1893
Bid.
A«k.
300
360
,
136
108
100
2>>0
280
Hill. '300
Iltiu
109
-225
10ft
67
ib7"'
380
565
BANKS.
New York...
Bid.
240
N.Y. Coanty. 800
360
N.Y.NatKi.
136
143
160
110
187
21S
•2-20
,
Atk
N. Atoerioa.. 166
North Biver.
200
Ortental
176
Paetto
190
324
380
People'*.
135
Phoali
Pioduoa Ex. 114
186
RepabUo
.Seaboard.... 160
300
Second
Seventh
126
ishoeALeath. 166
330
Park
363
112
1U4
310
290
110
230
107
-nreek.
155
Ninth
1.1th Ward.. 150
St Nicholas. 120
ins
State of N.Y.
8
Third
Tradesmen's.
...
io"
114
100
Second Ave.—^took
Greenwich... 146
350
Hanover
Hud. Klver.. 118
Im. * Trad'9' 540
Irving.
180
Leather ^lo' 245
Lincoln
300
.Madison Sr|.. 100
Manhattan... 182
Markets Ful 226
Mechanics'.. 203
M'Chs'ifrs'. 'JU4
Mercantile... 218
Merchants'. .!l5S
Merch'U Ex. 133
Metropolltaa
Metropolis... 360
Mt Morris . 460
Unrray
Nassau
:34d"
I
I
300
Depe.sit
nrst
IHO
105
110
102
& 8.—
Av.— Stock
EighthAv.— Scrip,6s,1914 104
42d & Gr'nd St P'ry-Stk. 235
German Am.
German Kx. 300
>
110
Ktver.. 165
lltb Ward... 130
Fifth Ave.... 1800
104
»7
B. B'y
8crlp8»..
iWi«(hth
107
10H
»allatln
Garflold
312
295
189
129
186
I
111
2(K)
BANKS.
Ask.
215
166
Ohemlcal.... 481)0 6000
Columbia
236
Oommerce... 193
Drv Dock
126
107
26
— Latest prices of bank stocks this
4,693,0
80.672,7 82.213.1 3»3.'277,9 73.995.4'21,816,0 386.574.8
been issued since Nov. 5, 1890.
No sta temeathas
i!aptta( cc
Bakes.
in all cases.
«.
Cai^taL
(OOt amittui.)
for the
omit two ciphers
!(!«
90
Unlt'dStates 200
Western
l(West Side.
•••>«
••
140
117
leo
..••»•
..*•••
183
134
1134
104
103
lltO
ibc.
200
21ft
THE CHRONICLK
156
[You US.
BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.
^p* Share Prices — not Per Centnin Prices.
Sales
of the
Active Stocks.
Saturday,
Jan. 17.
1 Indicates unlisted.
Tuesday,
Jan. 19.
Jan. 20.
'— 21.
Jan.
29% 30%
29=8
30
31
Atch. T. & B. Fe (Boston). 100
30>e 303i
••
5^ 5^ '519.....
Atlantic & Pac.
100
•93
Baltimore & Ohio (BaltJ. 100 •93 ...
"
iBt preferred
ICO
"
2d preferred
100 11312 1131*
204
Boston & Albany fBoston) 100 204 204
"
177
Boston & Jjowell
100 •177
*92%
"
Central of Maas.
Preferred
Chic.Bur.&Quin.
"
"
00 203 204
19
00 •18
38
38
1 00
100 9113
5478
204
177
204
"
•'
55»e
54%
9II2
5518
49
46
46
85
85
84
841a
19
83
19
44
44
4414
5014
2214
Ina ctive Stocl(s.
22%
Bid.
"
.
*
204
39
90'8
OO'e
54% 54%
49
168
52%
29 le
"
"
45%
•24
•6
•19
19% 19%
84%
507s
19
19%
44%
50%
44'e
5078
50
52
15
100 118
100
120
53% 54
....
7
19%
83%
44
19% •1914 20
44% •43% 44%
50%
5076
5OI4
23% 24%
37% 38%
112% 115
112
65% 65% •65%
27=8 28%
2778
70% 71% 71
38%
•3778
•65 14
27=6
70=8
114
66
28%
71%
66
27%
2714
8I4
778
8%
8=8
205
"
50
8 14
8%
•8
*8
Cy Ft. S. & Mem. (Boston) .100
*49
50%
•4714
48
50
23
*49
•22
47=8
5II4
IS's
50%
47% 47%
•49
48 14
49
50%
47% 47%
•49
47%
5114
51
16%
I6I4
77
78
4314
2514
4314
25%
22% 22%
•4714
51
S. &Gulfpf.
K. City Mem. & Birm.
100
100
Little Schuylkill
(Phila.)
50 66
Manchester & Law.. (Boston) 100
Maryland Central
(Ball.
50
Mine Hill & 8. Haven (Phila.) 50 66
NesquehoningVal
"
50 53
Northern N. H
(Boston) .100 135
North Pennsylvania. (Phila.) . 50 1
Parkcrsburg
(Bait. ) 50
11
Pennsylvania & N. W. (PhUa. 50
Baleigh &. Qaston
(Bait. )ioo!
Butland
(Boslmi) loot......
Preferred
100 64
Seaboard & Koanoke. (Bait.) lOO
lit preferred
"
100
WMtEnd
(Boston) 50
85
Preferred
50 83%
Weet Jersey
(PhiUt.)
50 58
W««t Jersey & Atlan.
50
Western Maryland..
(Bait.)
50 10
Wilm. Col. & Augusta
100 106
Wilnilngt'n & Weldon
"
100 110
Wisconsin Central... (Boston) 100
2II4
•>
Preferred
100
Worc'et.Naeh.&Roch.
"
100
MIHCELLAimOUS.
Alloaei Mining
(Boston)
25
.
)
I
66%
K.C.
L.
51
16
77
477s
1,535
'l578
"16%
3,445
7,556
1,391
51
16
254
941
2214
2,941
Ask.
Bid.
5
66
84
60
14%
50
80
39% 39%
Centennial Mining..
Fort Wayne Klectrlct
Franklin Mining
10
10 "15
25
11
25 16%
rrenchm'irsBayL'nd
5
3'
17
6%
25
3%
niinois SteelU
"
100 73
74%
Kearsarge Mining
"
25 11
11%
Morris Canal guar. 4. (PhUa.) 100
Preferred guar. 10
'•
100 i97"
Osceola Mining
(Boston) 25
3414 35
Pewabic Mining
25
15
Pullman Palace Car..
"
lOO: 189%
•
Sutucy Mlninii.
25 93
95
"
luarack MiStstr..
2»' 140
145
Thoms'nKlec,W<^>?*<-<r
"
100'
I
& \V ilm..
J&J
1'
1
jK
M&S
North Peon.
Ist, 7s.... 1896,
M&N
Gen. M. 78
Pennsylvania gen.
Consal.68, c
B.d.nd..kedpn.e.;no«Uewa.„»ae. , Wnli««d.
i
!
West'n N.C. Consol. 6 g.l914, J&J
Wilm. Col. & Aug.. 69. 1910, J&D 113
MISCELLANEOUS.
Baltimore— City Hall 6s. 1900, Q—
118
Funding68
1900. U—
118
115
.
I
130
West viaryl'd ER.
Water 58
Funding 58
Exchange 3%8
Chesapeake Gas, 6s
68..1i)02,
J&J 120
1916, M&N 125
1916, M&N'
1930, J&J 103
1900, J&D 106
Consol. Gas, 6s
191 0, J&D 112%
58
1939, J&J
99%
'Equitable Gas, Os
1913, A&O 107%
IVirginla (State) 3s, new. 1932, J&J
65
120
120
il22
125%
103 14
106%,
113
100
I
19 10, Var
1905. Var
A.a..^.^u.u^u
102% 103
114%!ll5
115 116
108 Il08%
105 1106
Oxf.&Clark.,int.gu.,6 g.l937,M&N
98 100
Picdm.&Cum.,l8t, 5g.l911, F&A 100 Il02%
Pitts. & Connells. Ist '78. 1898, J&J 113%'115
Virginia Mid., Ist Us... 1906, M&S 117%'ll8
2d Series, 68
1911 M&S 117 ills
3d Series, 68
1916, M&S 107 1109
4th Scries, 3-4-58
1921, M&S
80
5th Series, 5s
1 926, M&S
101
102
West Vu. C. & P. Ist, 6 g.l91 1, J&J 108%:109
116
1903 J&J
68,' ri.
108%
M&K
68.1910, J&J.
1910,
o
5
15
Series B., 6g
1916, J&D 100%'l01%
Series C, 6g
1916. J&D, 100% 101
Cent. Ohio, 4% g
lySO,
101% 102
Charl. Col.&Aug. Ist7s.l895, J&Ji 107 1109
Ga.Car. & Nor. Ist 5 g..l929. J&jl
North. Central, gold 68, 1900, J&J'
Gold 68 of 1904
J&J
Series A, 58
1926, J&J
4%8
1925, A&O
'fll'-A?'' 'l T"P>Con-58.'95,A&o!
2d 68, gold
1897, J&D
General mort. 4%s, g.l924.0—
Lehigh Valley, Ut 6b.' 1I98,
?.„„
2
9
14
13
12
.„ Bonds.— Baltimore.—
1920
.igoi'.M&N
1S98 F^A
let,
7
9
Atlanta & Charl., 1st 78, 1907, J&J 118
118%.
Income 6s
1900, A&O 103
105
Baltimore & Ohio 4g., 1935, A&O
99% 100%
Pitts. & Conn., 5 g... 19-25, F&A'
Staten Island, 2d, 5 g.l92U, J&J
B«l.&Ohio 8.W..l8t,4%g. 1990, J&J
95
9514
,CapcF.&Yad.,8er.A.,6g.l9l6, J&D 102
104
J&J,
Ea«ton&Am. l8tM.,58.1920,M&N|
Elmir.
14
49
106
105
105
Stcuben.&Ind.,l8tm.,58.1914,J&J
United N. J., 6 g
1 894, A&O
Warren & Frank., l8t,78,1896,F&A 108
O—
11%
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Q—
Atlantic City 1st 58, g., 1919,M&N
Belvidere Del., l8t,ti8..1<J02, J&D
Catawissa, M., 78
I90O, F&A
Char. Cin.& Chic.lst 5g, 1 947.
Jl
Clearfield & Jeff., 1st, ti8.1927.J&J
Connecting. 6s
1900-04, M&S
Del. & B'd Br'k, Ist, 78.1905,F&a'
6
16
23%
15
.
.„ Ponds.--Philadel-)hia.
Allegheny Val.,7 3 iTis, 1896, J&J
2
1414
75
52
02
18
83
45
26
20
15
14
15
15
14
13
14
6
14
7
7
12
12
23
Jan. 14
Jan. 5
Jan. 14
Jan. 6
58, r
1919, Varj
Collat.Tr. 4% g
1913, J&D
Pa. & N. Y. Canal, 7s. .1906, J&D
Consol. 58
1939, A&O
Perkiomen, 1st 8er.,5s.l918,
Pnila.&Erie gen. M.5g., 1920, A&O
Gen. mort,, 4 6
1920, A&O
Phila & Read, new 4 g., 1958, J&J
Ist pref. Income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
3d pref. income, 5 g, 1958. Feb. 1
2d, 78
1893, A&O
Consol. mort. 7s
1911, J&D
Consol. mort. 6 g
1911, J&D
ImprovemeutM.6 g., 1897, A&O
Con. M.,5 g.,8tamped,1922,M&N
Phil. Wilm. & Bait., 4s. 191 7, A&O
Pitts. C. & St. L., 7s.... 1900, F&A
Po'keepsie Bridge, 6 g.l93«, F&A
8chuyl.R.E.Side,l8t5 g.l935, J&D
mort., scaled, 5s.. .1902, F&A
& L. C., Con. 68.1920.A&O
Ino.eB
Jutland, 1st, 6b
48%
5
6
15
15
5
9
8
8
9
Bonds.
Ogden.
2d, 58..
25
25
"
"
"
"
"
2d
11
109
120
Atlantic Mining.
•
CJty Pa«8engerER... (Bait.)
Bay State Cas
IBoston)
Boston Land
B., 78.. 1907,
Rock& Ft. S., 1st, 78. . 1905,
i
49
50
24
46=8 Jan.
20 Jan.
47% Jan.
50 Jan.
12% Jan.
57 Jan.
42
Jan.
2514 Jan.
21% Jan.
12
12
12
20
17
20
2
12
19
19
13
14
9
Penna. Consol.
Loul8.,Ev.&St.L.,l8t,6g.l926,A&0
2m.,2-6 g
1036, i&O
Mar. H. & Ont., 68
1925, A&Ol
Exten. 6s
1923, J&D
Mexican Central, 4 g... 1911, J&J
let consol. incomes, 3 g, non-cum.
„2d consol. incomes,
non-cum.
NY. & N.Eng., Ist, 78,38,1905,
J&J
1st mort. 6s
1905, J&J
2d mort. 6s
1902, F&A
)
I
& C.
93
78%
43% 43%
•2514
21=8
Mem. & Bir.,1 St, 5s,1927, M&S
St. Jo.
270 45% Jan.
47%
Unstampedlst, 6s....l933,A&0
iK.C.
50%
47%
303
IK.C.C.A Spring., Ist,5g.,1925,A&0
!K. C. F. 8. & M. con. Gs, 1928, M&N
82
12
1,173 201 Jan. 16 220
3,099 3i<i4Jan. il 4314
7S4 1314 Jan. 2 17
126 246 Jan. 3 200
171
23
21% 22% -22
47% 48
47% 48
16H
77% 77%
43% 43%
2514 25%
22 14 22%
•49
•48%
Chic. Burl. & Quincy 48..1922,F&A
Iowa Diviaion 4s
1919, A&O
:Chlc.& W.Mich, gen. 5s, 1921, J&D
;Consol. of Vermont, 5s. 1913, J&J
Current River, Ist, 58..1927, A&ol
iDet. Lans. & Nor'n M. Vs. 1 907, J&J
|E astern 1st mort. 6 g., 1906, M&S
II rce.Elk. &M. V.,l8t, 6s.l933, A&O
65
130
45
K-Cyit
8%
201 204
203% 204
39 14 40 14
39=8 39=8
I5I4
15% I514 14=8 15
15
'250
255
253 253
250 250
205
4614 41
I
77
,
204
^
Har.Port9..Mt.Joy&L.
'
27%
71
70% 71
168 168
168 168
107% 168
51=8 52
51^8 52
5178 52
517e 52
•29
31
29
29
30
"1614 16% IGV16 16%
16% 16%
165igl67„
7
7
"4514 45%
45 14 45%
45
45
226I4 226I4 226% 226% '226%
122714 227I4
'
45 14
5
I
•65% 66
At.Top.&8.F.100-yr.4g.,1989, J&J
100-year income 5 g., 1989.Sept.
Burl, i Mo. Biver Exempt 68, J&J
Non-exempt68
1918, J&J
Plain 4s
1910,J.SiJ,
Chic. Burl.& Nor. Ist5,1920, A&O
2d mort. 6s
1918, J&D
Debenture 6s
1896. J&D
iVo'
5078
140
23% 24
38
38
140,
23% 23%
36% 37%
I
Br.(P/iila.) .100
Jan.
Jan.
6 Jan.
Jan.
93% Jan.
Jan.
130% Jan.
Jan.
113% Jan.
Jan.
205 Jan.
Jan.
177 Jan.
Jan.
205 Jan.
Jan.
20% Jan.
Jan.
39% Jan.
1,318 8914 Jan.
93% Jan.
3,706 61 Jan.
57% Jan.
35 43 Jan.
51
Jan.
24 Jan.
24 Jan.
6 Jan.
7 Jan.
75 I8I4 Jan.
201.1 Jan.
165 Jan.
169 Jan.
'iae 83 Jan.
85% Jan.
20 Jan.
22 Jan.
82% Jan.
84 Jan.
335 17% Jan.
20 Jan.
222 44 Jan. 191 46% Jan.
1,087 49 Jan. 5! 5078 Jan.
67 {140 Jan. 13-141 Jan.
8,937 20i4Jan. 2, 24% Jan.
6,044 33 Jan. 2 41=8 Jan.
15 109 Jan. 2 II6I1 Jan.
78 65% Jan. 5| 66 Jan.
8,434 21% Jan. 2 29=8 Jan.
8,737 63=8 Jan. 2 7178 Jan.
38 106 Jan. 2 16S Jan.
3,030 50% Jan. 2, 52% Jan.
150 29 Jan. 15; 30 Jan.
5,792 16 Jan. 2 17Ji« Jan.
6% Jan. 121 6=8 Jan.
1,360 43 Jan. 2! 48I4 Jan.
79 225 Jan. 5227I4 Jan.
753
7% Jan. 2j 8% Jan.
90
'
96
155
114
54%
83
•20
Inactive stocks.
50
130
113
32%
93
2 127
53 113
71 192
176
44 198
800 16%
425 34%
•47% 50
50
84
93
Highest.
28% Jan.
55
•92
of sales in 1891.
Lowest.
18,S75
10% 19%
39%
39
90
54
Thom.Europ.E.WeldV (Boston) 100
Water Power
"
100
Westinghouse Elec.Tl
"
50
; Bonds.— Boston. -'^t". 22.
50i
Charl. Col. & Augusta
"
100
Cheshire preferred.. (Boston) .100
,
204
Ask.
.
Huron Mining
204
•20
50%
22% 22%
23.
Atlanta 4 Charlotte (Bait.) .100' 95
Boston A Providence (Boston) 100 250
Camden AAtanticpf. (Phila.) 50 30
••
Catawissa
50
7%
let preferred
"
50 t 5714
Kan.
205
7
84% 85
*19
*44
sola 50=8
140
1391a 140
23=8 24%
23=8
3759 391*
41»fi
116
I1212 113
6512
65% 65%
27'8 2812
27''e
7118
70% 71%
50>4
West End Land...
Connecticut & Pass.
Connecticut River...
•204
•177
7
*20
82
18>3 19
"
& Mlontana
25
40% 401a 40% 40%
"
Butte & Boston..
25 15
15
16
16
Calumet & Hecla
"
25 2591s 2591? 260 260
Canton Co
50ie '49
f.BaZ(.;.100 *49
50%
"
Consolidated Gas
100 48
48
48
48
48I4
Eric Telephone (Boston).lOO *49
48
Lamson Store Ser. "
'22
50 22
22
23
Lehi'h Coal&Nav Fhilj 50
47% 47% 47^6 48
M.Eng. Telephone iB'isrn)100
*50% 52
50% 51
North American. (Phil.).10i>
16
16% 17%
161a
BugarRcfineriesTI r.Bo»rn>100
79
8018
78
80
Thomson-H'uEI.TF "
25
42
43
44
44
Preferred
"
25 •2513 25%
ij
25% 25%
Delaware & Bound
205
Range
Week,
Shares.
5%
•92% 95
39
Friday,
Jan. 23.
29'e
5%
5=8
19% 19%
1
19% 19%
Best.
(Bait.)
204
*6
7
*19
.
2d preferred
Central Ohio
29=8
205
177
-45
20
Maine Central (Boston).\0O 139%
"
Mexican Central
100 23
"
100 4076
N. Y. & N. Kug.
"
Preferred
100 114
Korthem Central CBaH.;. 50 651a
Korthcrn Pacific rPA«a.;.100 2719
"
Preferred
100 7018
Old Colony
167ifl
(Boston).lOO
168
Pennsylvania.. (Phila.). 50
52
52
52
29 18
Philadel. <t Erie.
"
30
50
"
Phila. & Reading
50 163el6ii,
16%
Bummit Branch f.Bo»to)t;. 50
7
"
Union Pacific
100 46
46
United Cos.of N.J.CPAifa.nOO 226 226I4 226
8I2
WestemN.Y.&PafPAita.; 100
8ie
8=8
iniRcellancons Stocks,
Bell Telephone (Boston). 100 2031a 205
20412
January
205
19% 20
39% 39%
90% 90%
54% 54^8
39%
19
Eastern
fJ?oston;.100
"
Fitchburg pref.
100
"
Fl. & Pero Marq.
100
"
Preferred.
100
Hunt. & Br. Top. (Fhila ). 50
"
Preferred
CO
"
Lehigh Valley
50
Prices of
30%
•25
50
lOO
100
••
20i«
91I3
*5%
*92%
Jan. 22.
130% 130%
113%
113% 113% •113%
204
19
38
om
"
Chic. Mil. & St. P. rPA«.;.10O
Chic. & W. Mich. (Boston). 100
C!n.San.aiClev6.
Clere. & Canton
Preferred
203
1
1
Thursday,
"
5%
'
.
Boston & Maine
Wednesday,
Monday,
1
Laa^oe this week.
^
108%
1
Bo.U,n U>^.,..,^^^;;^^^a
65%
January
THE
2t. l8»l.J
KEW YORK STOCK KXCHANttE PRICES
Bailroad
aki>
Mucbl. Bonds.
Period. Jan.
At.T(>i>.AH.K.-100-yr.4 B.1089 J ft J
1U89 eept.
lOO-ynir liiiMiuii' 5 K
Atl. ft rnc- W. I). Inc., «».1»10
WYAI J & J
Oiiiiriiiiloi'il, 4 K
BiooklyuHli'vatcd 1st O.K. 1034 X & o
Cau. »i«iitli.-lHt auar., 5».1U08 J <Sc J
1013
8d. ."Vs
Oeutral of N. J.-Cmis. 7»..1809 Q-J
1902
M &N
Con8()l.,7H
Oenrrnl iiiortKiiKt', ft (f.-ll'S? J A J
MAS
Leli.&\V.H..roii.7a.,a.V8d.l9t>0
Q-M
1913 M
1921 J
Am.
Centnil I'lulllo-OolU 0«...1898 J
di)
nioiltfiiKe, .">«
IK)cl( \- lmi>., e>8....
A
&
LottUt.
78 Jan.
47>9Jau.
12
12
80
53
Jan.
Jan.
14 Jan.
75 Jan.
112 14 Jan.
loo's Jan.
98 Jan.
113 Jan.
12 '4 Jan.
109% Jan.
113 Jan.
Jan.
75
72 Jan.
111 li lOyiiH Jan.
105 Jan.
10U>a
98
95ia Jan.
115 b, lis Jan.
'l-n b, 121
Jan.
109'vb. 107
Jan.
110 b. 112 Jan.
h.
b.
lOU
1
1081s Jan.
lis
Jan.
951a Jan.
Jan.
OO^s Jan.
1081a Jan.
1081a Jan.
13H'aJan.
12614 Jan.
8iuknigfund«3
J*-
1'.
>>.
1
Q—
General mortgage, 4 g... 1938 J AD
Loui8T.ANa.«hv.-Con.,78.1898 A A O
Longlsland— let, con.,5 g.l931
113
b.
/'ertod.
JAN.
Ja„. 23
IMl
110% Jan. 113
Jan.
9214 Jan.
114 '3 Jan.
116 Jan.
A Mob.— Ist,
DlH
UvHetU
Lowat.
. .
.
.
S*
N
I
lOiaa.'lOV
22 b.
95I9
J 11114b.
J 130 b.
102
110
Jan.
Jan.
1121s Jan.
.
A
Jfii.
1
O
91
1
1
1
OJisJao.
127% Jan. 132
MASDA 1371s
N, Y. Out. A W.— Ut,6g...l914|M
Consol. l8t,5g
1939 J
N. y. Sua. A W.-lstrof., 5 g.l937 J
Midland of N. J.— tig
1910 A
Norf. A W.— 100-year, 5 g.1990 J
North, Pac— l8t, coup.,tig.l921 J
General, 2d, coup., 6 g...l933 A
General, 3d, coup. 6 g.... 1937 J
Jan.
127% Jan.
Jan.
Jn.
lOflisI).
133 Jan.
1011 b. 105
.Tun.
0*116 b. 115 Jan
98isb.'
,,
.„ ..
D
96'^Jan.
8 112ia 111%JaD.
D 94
02% Jan.
94 Jw.
J 96
Oll3isb. 112 Jan.
J 93 b. 93 Jan.
J II5I3 113 JdD.
O 112ial«. llOigJan.
D 110 b.;i07i2 Jan.
82 Jan.
D' 85
:
104 Jan.
H 106
J 107 b. 105 Jan.
1
Income, 48
1990 April. 22 a. 18 Jan.
AKe.id.- Gen.,4g..l95s J "A J| 79''8
78% Jan.
Istpref.lncome, 5g
1958 Feb.
55
53 Jan.
2dprcf. Income 5 g
36
1958 Feb.
34i3Jan.
3d uref Income 5 g
28
1958 Feb.
27 Jan.
PittsburgA Western— 4g.. 1917 J A Jl 77 14
75 13 .Tan.
Ulch. ADanv.— Con., 6g...l915!j A J 11714b. 115
Jan.
Consol., 5g
O|'90isb.
1930 A A
8958 Jan.
Klch.AW.P.Ter.— TrustOg 1897lF A A 100
9716 Jan.
Cou. lat A col. trust, 5g.l914|M A 8 71%
6834 Jan.
KloG. Western- 1st, 4g...l939 J A J 74%
74 Jan.
U. W. A Ogd.— Con., 5a. ...19221a A O 106
105 Jan.
St Jos. AOr.Island- 6 g..iy25IM A Ni 89 a. 90 Jan.
St.L. Alt. AT. H.— 1st, 73.1894 J A J logiab. 110 Jan.
2d,pref.,7s
1894 F A Al 109 a. 107 Jan.
8t.L.Arl£.ATex.— Ist,63,f8t.rec
78iab. 78% Jan.
2d,6s, 1936,tr.rec..allas3.pd
*19 b. 19 Jan.
St. L. A Iron Mt.— 1st, 7s. .1892 F A A 105
b 104 14 Jan.
2d,7g
lOCiab 105 Jan.
1897
Cairo A Fulton— lat, 7 g.l891 J A J 10018
98 14 Jan.
Cairo Ark. ATexaa- 7 g .1897 J A D 105 b. 103% Jan.
Gen. K'y A land gr., 5 g..l931 A A O 92%
9113 Jar.
St. L. A San Fr.- 6g.,Cl. A.190U
111 b 110 Jan.
6g., ClassB
b. 11 134 Jan.
1906
_. 111
6g., ClasaC
1906
A N lllia 111 Jan.
General mort., 6 g
1931 J A J 109
108 Jan.
B.P.M.AM.— Dak.Ext.,6g.l910
115 Jai.
A N 118
iBtcousol., 6g
11413 Jan.
1933JJ A j!ll5
Do
reduced to4'3g...|J A J
Montana Extension 4 g..l937i J A D 85 b. 80 Jan.
San A. A Aran. P.— 1st, 6g.l91U * ' " 67
62 Jan.
lst,6g
a.
1926
62 Jan.
Shen.Val.- l8t,7g.,Tr. rec.1909
128 b. 126% Jar.
Geu'l 6 g., Tr. rec. ass't'd.l921
57 b. 6114 Jan.
80. Car.— Ist, 6 g.,ex coup. 1920
103 b. 103 Jan.
Income, 6a
14 a. 13 Jan.
1931
80. Pac., Ariz.—<i g
1909-10
A J 10313b. 102 Jan.
80. Paciflc, Cal.—6 g
1905-12
A O *112 b.
lat, consol., gold, 5 g....l938
100 Jan.
A O 100
80. Paciflc, N.M.— 6 g
1911
A J 103 b. 102i4Ja".
Tenn. C.I. A Ry.—Ten. D., 1st, 6g
A O 9312b. 86 Jan.
Birm. Div.. 6g
1917
A J 95 a. 93i4Jan.
Tex. A Pac.— lat, 5g
2000
A D 88I3 851s Jan.
2d, income, 5 g
2000 March. 3314
31 Jan.
Tol. A. A. A N. M.— 6 g. . . 1924
93 b. 93 Jan.
Tol.A. A. AGr.Tr.— 6g
1921 J A J 105
105 Jan.
Tol. A Ohio Cent.—5 g. .
1935
A J I0713 102=8 Jan.
Tol. Peo. A West.— 4 g
1917
A J 75 b. 74 Jan.
Tol. St. L. A Kan.
6g..l91ti
A D 89 b. 83% Jar.
Union Pacitlc— 6 g
1899
A J 113% 113% Jan.
Slnkinir f und. Ss
1893IM A 6 UOiab. 108 Jai
•70 b.
CoUat. tru.'it 4I3
1
Jan,
1918
Kansas Paciflc— Ist, 6 g. 1895 F A A 110'4b.
Phlla.
.
MAN
MAN
MAN
M
M
67
MAN
9214
90 Jan.
Ill's''' 113
Jan.
b. 114
115
1930
J A J,
6 g...
Jan.
do
2d, 6 g
1930 J A J, 105 b.
b. 1121a Jan.
E. H. AN.-lst, 6g
1919 J A
112'3 Jan.
C—
General, tig
1930 J A Dll3'4b. llSiaJan. 1131a Jan.
NlOOisb.
Collateral trust, 5 g
1931'M A
101 Jan. 103 Jan.
Louis. N. A. ACh.— Ist, tis.lOlo'J A JjHOis
106 Jan. Ill Jan.
Consol., tig
91 Jan.
1916 A A O 90- a. 84% Jan.
Loals. St. L. ATc.Tas-«g..l917iF A A SaH
l8t,6g
78 Jan.
88 Jan.
1896J A D 109%b.
Metro. Elevated— l8t, 6 g..l908lJ A Jill2% 111=8 Jan. 11313 Jan.
Denver Div.—« g
1899
N Ill b. 111 Jan.
2d, tis
.:..1899M A N 103 b. 104 Jan. 10513 Jan.
lstcon30l.,6 g
no's lOSisJan.
1919
Mich. Cent.— l8t, con., 78..1902 M A N 123I9 122 Jan. 1231a Jan.
Oregon Short Line— 6 g..l922 F A A 105 b. 102 13 Jan.
CoD3ol.,5s
1902 M A N 106 b. 10714 Jan. 107 14 Jan.
Or.S.L.AUt'hN.— Cou.5 g.l919 A A O 78'a
7713 Jan.
12214 b. 118% Jan. 1221a Jan.
MU.LakeSh. AW.— l8t,6g.l92l|M
U.P.Den.A Gulf con. 5 g.l939 J A D 80'ab. 78 Jar.
Eitcu. A Imp., 5 g
1929'f A A 101
98 Jan. 10118 Jan. Union Elevated— 6 g
109
b.
106
1937
Jan,
M. K. AT.-l8t48, g
199o'J A D 77
74% Jan. 7713 Jan. Virginia Mid.— Gen. ni., 5s, 1936
84%a. 81 Jan.
44I2 Jan.
2d48,g
1990'F A A 41ta
do
SB's
361a Jan.
stamped guar.
83 Jan.
Mo. Paclflc— lat, con., 6 g. 1920
108 b. I0514 Jan. 108 Jan. Wabaah— Ist, 5 g
100
98 Jar.
1939
'115 b. 115 Jan. 115 Jan.
3d, 7s
1906
2d mortgage, 5 g
73>3 Jan.
1939. F A A 75
Pac. of Mo.— Ist, ext., 4 g. 1938 F A A •101 a. 99i4Jan. 100 Jan.
Debent.M., aeries B
1939'J A J 31 b. 32 Jan.
2d mort., 78
1891 J A J 99 %b. 99I3 Jan.
go's Jan. West Shore— Guar.. 43
2361
A
J 10238 100 Jan.
Mobile A Ohio— New, 6 g.. 1927 J A D 1121s 112 Jan. 1111-2 Jan. West N. Y. A Pa.— 1st, 5 g. 1937
A J 98 b. 96 Jan.
^
General mortgage, 4s. .19381M
63 Jan.
65% Jan.
A 8 65 19
2dmort,3g.,5sc
1927
A O 32 b. 301s Jan.
Mutual Union TeK- 6 g.
I9II1M A N '102 b. 102 Jan. 102 Jan. West Un. Tel.—Col. tr., 53. 1938
A J 99 b. 98 Jan.
Nash.Ch. ASt. L.— l8t, 7s.l913|J A J 126
125 Jan. 1261a Jan. WU. Cent Co.— Ist, 5 g
1937
A J 97%a. 95 Jan.
Con.5g
1928 A AG* *105 b. 106% Jan. 106% Jan.
Income, 5 g
42isb. 34's Jan.
1937
Vote— "b" indicates price bid; " a" price atkal'; the Range i» made up from actual sales only. * Latest price this «eek.
H. O.
I,
MANJ lOnHb.'lOl^
Jan.
120isb.'127 Jan.
H.y. Central— Extend., 58 1H93
I«t. coupon., 78
I9031J A
DeboD.fti.ooup., 1884. ..1904 M A
n. Y. A aarleui— 78, reg. lOOA M A
N. Y. Chlo. A 8f, L.—4 g. . 1937 A A
N. Y. Elevated— 7b
1006 J A
N. Y. Lack. A W.— lat, 6»..1921 J A
Const ruction, Ss
1 023 F A
N.Y. UK. A W.-l»t,oon.7g.l920
Long Dock, 78
1893 J 4
Con»ol., tig
1935 A A
2d /jonsol.. 6 g
1969.J A
„
.
A Oil* b105 Jan. 10713 Jan.
A O 100,
A N lOSisb. lOtiiflJan. 108 Jan.
A N 101 b. lOliaJan. lOSUJan.
A Ai 99 a. 99 Jan. 100 Jan.
A S lOOHja. 9713 Jan. lOOia Jan.
A J l^OJab. 124 Jan. 12014 Jan.
A Ji 9838 96 '8 Jan. 9913 Jan.
Chic.8t.I..APitt.-Con.,5g.l932!A A o!
Chlc.St.
M. A O. -«».... 1930 J & Dlip'a 116 Jan. 119 Jan.
Cleveland A Canton— 5 g.. 1917 J A Ji'OO »• 8713 Jan.
88% Jan.
C.
AI.-Con.«ol.
7g...l914:j A Dli^o b. 129 Jan. 129 Jan.
C. C.
1934 J A J.H? "• 117 Jan. 118 Jan.
General consol. Ug
Col. Coal A Iron— Og
1900 F A A 104 b. 102 Jan. 104% Jan.
tVjlorado Midl'd— Con. 4g.. 1940 F & A *69'at). 70'8 Jan.
71 Jan.
CJi.H.Vttl.ATol.-Con.5g.iy3liM A 8 «5,
80% Jan. 86 Jan.
General, « K
1004 J A D S5^
84 Jan.
86 Jan.
Denver ARloGr.— Ist, 7g.l900|M A N Hb
116 Jan. 117 Jan.
l8tconsol.,4 B
1936 J A J 81
79 Jan.
82 Jan.
Det. B. CltvAAlpena-6g.l913 J A J 90 b. 91
Jan.
95 Jan.
Wet. Mac. iM.— L'dgrant8.1911 A A O 30i9b. 291s Jan.
31 Jan.
Dul. A Iron Range— os.... 1937 A A O 99^8b 05 Jan. 100 Jan.
Dul. 8o. 8b. A Atl.-5g....l937 J A J OS's!). 95 Jan.
96 5e Jan.
E. Tenn. V. AG.-Con.,5g.iy5eiM A N 103%
101 Jan. 104 Jan.
Knoiville A Ohio-tig.. .1925 J A J 107 a. 103'4Jan. 107 Jan.
EUz. Lei. A Big San.— 6 g.. 1902, M A 8 91»8a. 90 Jan.
95 Jan.
Ft. W. ADeuv.Clty-6g...l92l!j A D 104 a. 99''8 Jan. 105
Jan.
Gal.H.ASanAn.— W.Dlv.l8t,5g.!M A N 93 b, 93's Jan. 9378 Jan.
114 '4 Jan. 117 Jan.
Han. A St. Jos. —Cons. 68 ..1911'M A 8 H"
Illinois Central— 4 g
1952A A Ol 94'2b.
Int. AGt. No.— Ist, 6 g ....1919 M A N HO^sb. Ill
Jan. 115 Jan.
Conpon, 6 E., trust rec... 1909 M A 8( 75
76 Jan.
72 Jan.
lowaCeutral— Ist, 5 g
1938 J A d! 81
80'8 Jan.
84 Jan.
Kentucky Central—4 g
19871.1 A J sm
7812 Jan.
821a Jan.
Kings Co. El.— 1st, 5 g
1925 J A J 99 b. 100 Jan. IOOI4 Jan.
Si's
LaoledeGas- let, 5g
1919 Q—
82 Jfin.
78 Jan.
Lake Erie A West.— 5 g
937 J A J 109
IO513 Jan. 1091a Jan.
Ijake8hore.-Con.cp..l»t,78.1900 J A J 121 b. 1201a Jan. 122 Jan.
Consol. coup., 2d, 7s
1903 J A D 122i9b. 123 Jan. 124 Jan.
1920;A
1929 A
8inklnKfiinddcb«n.58...1933lM
1909:m
25-year debcuturo 5s
1926 F
Exteualon48
Chic. Pen. A St. l.oni8-5 g. 1928 -M
Chlc.K.I.Arac.-6s,coup.l917;J
Extension A col. 5s
1934'J
AND 8IN0B
A
A
A
A
69 Jan.
A
71 Jan.
A
1071a Jan.
A
Consol mort. 5, g
122% Jan.
1989 J A
UWaJan. North Pac. A Mon.— 6 g...l938 M A
95 Jan. No. PaoiflcTor. Co.— 6 g...l033 J A
88% Jan. Ohio A Miss.- Cons.s.f.- 7.1898 J A Jin%b.
Consol., 78
113 Jan.
1898 J A J lll%b.'llli4J»D.
120 Jan. Ohio Soutneni- l8t, 6 g
1921 J A DlOJ
103'aJao
98I3 Jan.
General mort., 4 g
1921 M A N' 56
55 J^n.
881a Jan. Omaha A St. Louis—4 g. ... 1937
53 Jao.
A Jj 56
1231a Jan. Oregon Imp. Co.— ist, 6 g.. 1910
A Di 98
90 Jan.
112 Jan. Ore. B. A Na v. Co.— ist, 6 g. 1909
107i2JaD.
A J 109
Oon80l.,6g
1121a Jan.
1925. A D 93
92 Jan.
1061a Jan. Feun. Co.—413 g., coupon 1921
A J 106
1054 Jan.
98 Jan. Fee. Dec. A Evansv.— g. .19201
A J 101 b. 100 Jan.
I0213 Jan.
EvansvilieDlv.— 6 g
1920iM A 8 99 b. 95 J in.
2d mort., 5g
102% Jan.
1920IM A N 68 b. 66 Jan.
86 Jan, Peoria AEast. consol. 4s.. 1940 A A Ol 78 "sb. 7513 Jan.
Jon.
116
Che*. A Olilo.-Mort.
OO"*
.1039 M
latroUKol. 5 K.
K. A A. Dlv.. l8t con..4 K.1989 .1 A J
67 Jan.
l»tcou.,2-4g.l980 J A J 09
do
A J 70 b, 08 Jan.
do
-.id eon., 4 g... 1080 .1
191 K A A lOij b, 104 Jan.
ChM. O. A So. W.-« g
122% 121'«Jau.
A
„ J_,„,„,
Clili'. Hurl. A CJ.— Cou. 7...1903 J
1913|M A N 10«^ ' OS's Jan.
Debeulmo 58
Omjh, 9U>»Jan.
Al
1922 F A
D<'iiviT Division, 4a
Nebrnskn Kxtpnaion 4a..l927 M A Nl Sbisb. 87 Jan.
113
1>
113 Jan.
Jhlc.AK. Il).-lst,B.f.,«».1907 J A
1934!a A O!l20 b. 120 Jan.
Consol.On
>•
95
95 Jan.
GeuiTHlTOiiwil. l8t,58...1037lM A N:
Chlo. Oa8. 1..&C.-let, 5R.iy37 J A J| 88 s,
831s Jan.
Ohlc.MII.&St.l'.-Cou. 78.1905 J A Ji}?^'*}' 120 Jan.
l«t..S..iithnoi.t Dl».— »)8..190y'j A Jlliasb. 110
Jan.
.Ian.
l»t, 8(1. Mill. Ulv.— 68 ....lOlO'J A J,H2'sb. 110
Ist.Ch.Arac.W.Dlv.— .ia.l!t21IJ A J lOoVj 104 Jan.
Jan.
Chic. A Mo. Klv. OW.— 5» I02G:J A Ji OS a. 97
101 Jan.
WlR. A.Miun. Ulv.-ag...l021:J A J;10.!Jii
lOU'j A JiOl b. 101 Jan.
Terminal, 5 K
Gen. M..4 1,'.. 9erlc«A....1989.r A J 8o b. 8478 Jan.
MUw.ANorth.— M. L., Ua.lOlOJ A D lOOHsa. 107 1« Jan.
1013;J A DlOO n. 1 07 Jan.
l8t, con.. (i«
Chic. AN. W.-Cousol. 78..1915 Q-F lias's
1381a Jan.
1902 J A D 12b b. 125 Jan.
Coupon, KOld, 76
llBHib,
einklntrfund.'ia
93,
nighat.
78^1
48T«
J| 1 08
J|ll'2i4l),
AN
167
Bailwoad ahd Mucki. Bono*,
-23
& N 97
6K..1911 A &0*
CIIHONICLE.
(CoMnntii). — ACTIVK liOXDS JAy.
MAN
1371a Jan.
105
117
99
Jan.
Jan.
Jan.
121a .Ian.
041s Jan.
Jan.
11414 Jan.
1
97
95 Is Jan.
lie's Jan.
112i4J«n.
110 Jan.
851a Jan.
Jan.
1081s Jan.
106
U'sJan.
10«
60
Jan.
Jan.
58 la Jan.
08 Jan.
109 Jan.
93 Jan.
106 Jan.
100 Jan.
IOOI4 Jan.
68 Jan.
79% Jan.
22
.Tan.
8118 .Tan.
58 Jan.
38I3 Jan.
30 Jan.
77 13 Jan.
118 Jan.
91i3Jan.
100 Jan.
73%
Jan.
7513 Jan.
Jan.
921a Jan.
110 Jan.
107 Jan.
811a Jan.
21
Jan.
105 Jan.
105 Jan.
10018 Jan.
105 H) Jan.
93% Jan.
1 10
Jan.
100
111%.Tan.
llliaJan.
110 Jan.
118 .Tan.
II514 Jan.
86
67
66
Jan.
Jan.
Jan.
128% Jan.
6II4 Jan.
103 Jan.
14 Jan.
103 14 Jan.
101 Jan.
103 13 Jan.
94 Jan.
961a Jan.
89^8 Jan.
35 14 Jan.
95i3Jan.
105 14 Jan.
1071a Jan.
77 Jan.
91 Jan.
113% Jan.
Ill Jan.
72 Jan.
.
MA
MAN
AN
MAN
MAN
MAN
MAN
MAN
AN
Ill
Jan.
lOis Jan.
1061a Jan.
1
80
Jan.
83 Jan.
10913 Jan.
85
.Tan.
861s Jan.
Jan.
771a Jan.
35 Jan.
103 Jan.
93 Jan.
34% Jan.
9914 Jan.
100
97
45
Jan.
Jan.
Bid.
Ask.
NEW YORK STOCK EXCHANGE PRICES—(Continued).—liV.ACrrFE BONDS—JANUARY 93.
SECURITIES.
Bid.
89
A Pac— 2d W. 1)., gu. Us,. 1907
A Ohio— 1st, 68, Park B.1919 114
94
Bid.
8ECUEITIE8.
Ask.
A
Ohio-(Contlnncd)—
Mon. Riv., 1st guar., g., 5s.. 1019
Beech Creek— 1 at, gold, 48
1936
Bost H. Tun. A W.— Deb. 58.1913
Brooklyn Elevated— 2d, 3-58.1915
Baltimore
(Block Exchange Price:)
Aiabama Mid.— lat. g., 6a ....1928
Atlantic A Danv.— Ist g., 68. .1917
BECUBITIE8.
Aatr.
Railroad Bonds.
Bap.ANo.— (Contin'd)—
Minn. A 8t L.— Ist 76, gu..l927
Burl. Ced.
92
95
971s 103
85
lowaC.
AWeat- lst78....1909
Koch. A Pitta.—Gen., 58.1937
961a
Boch. APitta.-lst, 6a
1921 1181s
Col. A Cin.Mld.- Ist,ex.4ias.l939
58, gold
ConsoIidat'dl8t.6s.l922 II214 H2ia Cent RR. A Bank.— Col. g.53.1937
1925 108
do
Cons, mort, gold, 5a
1988
Burl Ced. Rap. A No.— lat, Ss. 1 iK)ti
97%
Bav.A West— 1st con. gtd.58.1929
961s
__B. A O. 8. W., l8t. g., 41S8...1990
95
Consol. A collat trust, 58... 1 9.34
86iai Oent of N. J.—Conv. deb., tia. 1908
85
' No price Friday
these are the latest quotation* fwie Uiis.week,
Atl.
Buft.
115
Ced. Rap. I. F. A N., lat, 68.1920
1921
1st, 53
Oentral Ohio Reor.— 1st 41q8.1930 loi'H
•••>••
...—
Bait
;
95
83 14
100
85
THE (JHRONICLE.
158
NEW YORK STOCK EXCHANGE
Bid.
SECUKITIES.
Exchange
Prices.)
Central Paciflo— Gold bds, 68, 1895
...1896
Goldhonds, 68.
1897
Gold bouds, 6s.
1900
Ban Joaqiiiu Br. 08
.er.B.6s.-.1892
Oregon—
Cal. &
..loao
Mort. Rold 5s
1900
Land giant. 5s. g
West. Pacific— Bonas, 68. .1 899
68.1907
1st,
(Cal.)—
No. Railway
1938
50.ycar 58
Ohes. & O.— Pnr. M. hind, 68.1898
108
110
106
99%
Bid.
Gal. Bar. & San Ant.— Ist, 68.1910
1906
2d mort., 78
1931
West. Div., 2d 68
98
93
Green B. W. &8t, P.-lst 6s .1911
2d income, all subs, paid
1 937
Housatonlc— Cons, gold Ss
70
20
Ga. So. & Fla.— 1st, g. 63
Grand Rap. & Ind.— Gen.
lost
BONDS—rContinuedJ-JANUARY 23.
SECURITIES.
Ask.
Bailroad Bond?.— (^Co)iiJ
(ftlorl!
FRlCtiS.-INACTIVE
Ask.
SECURITIES.
Bid.
Ask.
95
Pennsylvania B,B,.—fOon.j
1912
3d, 7s
Clev. & P.— Cons., 8. fd., 7a. 1900
68.1892
4tn,8luk.fimd,
134
136
124
idi"
98
90
1927
58.. 1924
—
[Vol,. LII.
& T. H.—let, es., 78.1897
1898
2d, 7s
1898
2d, guar., 7s
St. L. V.
23
10412 JPeo.&E.-Ind.B.&W.-lst,pt:.7s.l900
Ohio Ind.&W.-lstpref.Ss.. 1938
99% ICII4 N. Haven & Derby, Con3.58..1918
116 Ipeoria & Pek. Union— Ist, 6s .1921
78.Tr.rec.
1.
m.
1st,
Hous.&Tex.C1061a
1921
2d mortg., 4I2S
West Div. 7s,Trust receipts.1891 11318
Phlla. & Read.— 3d pref. convert
1901 114
lbtWaco& Nor.—7s
100
Pitts. Cleve. &T0I.— let, 69... 1922
111
114
2d m.Ss.M. 1. Trust receipts. 1913 124
1922
83
Pitts. Junction— 1st 68
Gen. mort.Os.Trust receipts. 1925
1908 116
68. cold, scries A
1932
Illtuois Central— Ist, g., 4s . . .1951 IO2I2 lOl's Pitts. Mc.K. &Y.— I8t6s
77
85
Ches. CI. & So. West.— 3d, 6s.. 1911
F.—
1st,
S8...1916
93
Painsv.
&
Pitta.
1951
3128
1st, gold,
1893 104% 1051a
ChicaRoA Alton— l»t, 78
Pitts. Y. & Ash.- Consol. 59.. 1927
6s.... 1898 1085s 110
Coup.,
Div.—
Springf.
120
1903
Slnkinsr fund. 68
iPreso't & Ariz. Cent. 1st, 63,g.l916
1921 112
Middle Div.— Reg., 58
Louis. & Mo. Rlver-lst, 78.1900
1916
2d income, 6s
C.St. L. &N. O.—Ten. I., 78.1897
1900 1121s
2d, 7s
iBlch.
& Dan v.—Debenture 6s .1927
1897
78
111
let, consol.,
8t. L. Jacks. & Chic— l8t,78.1894
1909
M.
8. f.,g.. 58
Eqiup.
1907
111
2d,
68
1894
78
l8t, Kiiar. (564),
Atl. & Char.— 1st, pref. 78 . . J 897
1951 108 113
Gold, 5s, coupon
1898
2d mort. (360), 78
1900
Income,
69
95
do.
4s
1951
Ist
g.
Memp
Div.,
1898
2d, Kiiar. (188), 78
RioGr. Juuct.,l6t,guar.,g.,58.1938
2d Div., 78 .1894 103 106
Dub. & 8.
MIss.R. Bridge— Ist, s. f., 6s.l912 104
80
Rome Wat, & Og.— Ist M., 78.1891
98
Ced. Falls & Minn.— 1st, 78.. 1907
Ohlc. Burl. & Nor.— Deb. 6s... 1896
92
1925
Jos. <& Gr. Is.— 2d inc
ex.
op.
1906
St.
12
Chic. Burling. & Q.— 58, s. f..l90] 104% 104% Ind. D. & Spr.— 1st 7s,
Kan. C. & Omaha— 1st, 5s. .1927
Ss
1947
101
M.
Dec
West.Ind.
&
1919
!«
Sink,
fund,
5s..
Iowa Dlv.—
78.1894
32
&
T.H—
2d
m.
iuc
A.
1948
St.
L.
2d M., inc. 5s
1919 93
Sinking fund, 4s
1894
Dividend bonds
731a
8512 90
Inter. & Gt. Nor.— Coup. 6s. -.1909
1921
Plain, 48
75'
Bellev. & So. lU.— Ist, 88...i896
97
Kanawha & Mich.— Jlort. 48.1990 73
Ohlc. & Indiana Coal— Ist 58.1936
1923
Car.—
Ist, 6s
Bellev.
&
58.1938
1st,
121
122
C.Wyan.&N.W.—
ICan.
Mil.
St.P.l8t,88,P.D.1898
Cai.
&
Chl.St.L.&Pad.- l8t,gd.g.53l917
L. Sh. & M. 80.— C. P.&A.— 78.1892 1C6
1898 117
2d, 7 3-lOs, P. D
125'
II6I2
116
1st, gd. g. 4s. 1931
Louis
So.—
I2II3
St.
bonds,
78.1898
Er.—
New
Buff.
&
1902
R.
D
l8t, 78, 1 g.,
131
2d Income, 53.1931
do
1906
Det. M. &T.— I8t,7s
l8t. La Crosse Division, 7a. 1893 106%
Car. &8hawt.— latg. 4S....1932
Lake Shore— Div. bonds, 7s. 1899 116 118
1897 111
l8t,L& M., 7s
lOSia
Br.,l8t,7s.l895
lOB's
Ark.
St. L. & I. M.—
Mahon'g Coal RR.-lst, 5s. 1934
D., 78
1899 114
l8t,
St. Lou & S.Fran.— Equip., 73,1895
LehighV.,N.Y.— Ist gu.K.4i28.1940 1021a
1903 121 123
1st, C. &M., 78
1931
98
124
General 58
Litchf. Car.& West,— lat 6s. g. 1916
l8t, L & D. Extension, 78... 1908 121
1987
1898 116 118
Ist, trust, gold, Ss
l«ug Islaud— 1st, 7s
1919 99
l8t. La C. cSs Dav., 58
Kan. City & S.— 1st, 68, g...l916
N.T. & R'way B.- 1st, g. 58.1927
1910 118% 1191a
l8t, H. & D., 78
43
Ft. 8. & V. B. Bg.— let, 68 ... 1910
1927
2d mortg., inc
let, H. & D., 58
1910 99
St. Paul & Duluth— 1st, Ss.... 1931
Brooklyn & Mont.— Ist, 6s .. 191
Chicago & Pacific Div., 68. .1910 114 118
1917
99
1911
2d mortgage Ss
Ist 58
Mineral Point Dlv. 5s
1910
103
St, Paul Minn & M.— 1st, 78.. 1909
Smlthtowii&iPt.Jeff.— 19V,78 1901 105
1921
C. <feL. Sup. Div., 5s
87I3
1909
2d mort,, 6s
Louis.Evans.A St. L.— Con.5B.1939
Fargo & South., 68, A88U...1924
Minneap. Union— Ist, 6s. ...1922
Louis. & Nash.— Cecil. Br, 78.1907 IO2I2
Inc. conv. sink, fund, 5a
1916
1920 107%
Mont. Cen.— 1st, guar., 68.. 1937
Pensacola Division, 6s
Dakota &Gt. South., 58.... 1916
East. Minn., Ist div. Ist 58.1908
St. Louis Division, 1st, 68... 1921 120
Ohic.&N.W.— E8c.&L.S.l6t,68.1901 106
San Fran. & N. P.— let, g., 5s.l919
1980 56
DeeM. & Minn.— Ist, 78.... 1907 121
2d, 38
Scioto Valley & N. E.— Ist, 49,1990
Iowa Midland— Ist, 88
Nashv. & Decatur— 1 st, 78. .1900 115
1900 '126
Shenandoah Valley— Inc., 68.1923
Peninsula— 1st, conv., 78... 1898 "112
1910 100
8. f.,6s.— 8. & N. Ala
Sodus Bay & So.- let, 5s, g. 1 924
Chic. & Milwaukee— Ist, 78.1898 lUin
1924 101
1040, gold, 6s
1931
130
South
Carolina -2d, 68
50
1937
Win. A St. P.— 2d, 78
year
Ss,
1907
1061s
g.,
Mil. & Mad.— Ist, 68
1940
So. Pac. Coast— Ist, guai'.,4s.l937
Unified, gold, 48
1905 *112
108
Texas Central— let, s. f., 78. .1909
Ott. C. F. & St. P.— l8t, 5s.. 1909 106
Pens. & At.- 1st, 6s, gold. ..1921 1041a
1911
Northern 111.— Ist, 58
Naah. Flor. & S. Ist gu. 58., 1937 loo's
1st mortgage, 78
1910 106 107 1«
80
C.R.I.&P.— D.M.&F.D..l8t4a.l905
Lou.N.Alb.&Ch.— Gen.m.g.5s.l940
Texas & New Orleans— 1 8t,78. 190S
1912
let, 2128
Lou. N. O. & Tex.— Ist, 4s. . . .1934
88%
Sabine Division, 1st, 6&
1905 50
Extension, 4s
Tex. & Pac, E. Div.— 1st, 68.1905
1905
2d mort., Ss
1934
100
Keokuk & Des M.— Ist, 5a. .1923
103
Third Aveuue (N.Y).— let Ss, 1937
Memphis & Charl.— 68, gold. .1924
Ohlc. St. P & Kan. City— 5s.. 1936
1917
1st con. Tenn lien, 78
istl5 iigis
Tol. A. A.&Cad.— 6s
1919
Minn. & N. W.— 1st, g., 58.. 1934
100
Mexican National— 1st, g., 68.1927
Tol. A. A. & Mt. PI.—6s
125
Chic. St. P. & Minn.— 1st, Os .191
1896
43
Union Pacific— Ist, 68
2d, income, 68, "A"
1917
8t. Paul & 8.
11
1897
Ist, 6s
1919 123
2d, income, 68, "B"
1st, 68
1917
Cailc. & W. Ind.— 1st, 8. f., 6s. 1919
122
1808
Micliigan Central— 6s
let, 6s
1909 118
General moitjjage, 68
115
115
1932
Coupon, Ss
Collateral Trust, 68
1908
1931
dn Ham. & D.—Con. 8. f., 8.1905 122»i
Mortgage 4s
1907
Collateral Trust, 5s
1940 100 102
2d. gold, 4I28
1937
1895
Jack. Lan. & Sag.—Os
C. Br. U. P.— F. c, 7s
1891 10214
Cin. I. St. L.& Chic— I8t,g.,4s.l936
96
Mil. L. S.&W.— Conv. deb., 5e.l907 1001?
Atch. Col. & Pac— let, 6s... 1905
Consol., 6s
1920
Mich. Div., Ist, 68
Atch. J. Co. & W.— l8t, 6s... 1905
1924 113 120
dn. Jack. & Mac— Ist, g., 58.1936 64
Ashland Division— lat, 68 ..1025
U.P. Lin. & Col.— l8t.g.,53. 1918
O.C.C. &Bt. L, Cairo div.- 48, 1939
86
91% Incomes
102 104
Oreg.S.L.&U.N.,col.trst,,5s.l919
117=8 Minn.& St. L.— Ist, g. 78
Ol.Col. Cin. & lud.— 1st, 7a,8.f.l899 114
1908
Utah &. North.— 1st, 7s
1927 103
Consol. sink, fund, 78
1914
Iowa Ext-nsion, Ist, 78
1926
Gold,S8
1909 93
Clove. & Mah. V.— Gold, 59. ..1938 108
2d mortg., 78
55
Utah Southern— Gen., 7s ..1909
1891
Colorado Midland— 1st, «., 68.1936
108
Southwest Ext.— Ist, 7s
1909
80
Exten., Ist, 7s
1910
Columbia iSi Green.- l8t,63...1916 101
Pacific Ext.— 1st, OS
90
Valley B'y Co. of O.— Con. 63.1921
1921
2d, 68
1926
Impr. & equipment, 63
Wabash— Deb. M., series "A". 1939
1922 50
Del. Lack. & W.— Convert. 7s,1892 ids is 104
Minn. & Pac— 1st mortg., 5s. 1936
1895
No. Missouri- let, 7b
Mortgage 78
1907
Mlnn.S.Ste. M. &Atl.— lat, 58.1926
St.L.K.C.&N.— R.E.&BR.73.1895
Syra. Bfng. & N. Y.— Ist, 78.1906 130 >s
Mo.K.&T.— K.C.&P., Ist,4s,g.l990
St. Charles Br'ge—lst,6s. . .1908
Morris & Essex— Ist, 78
1914 140
Missouri raclflc— Trust 5s.. 1917
95
West. Va. C. & Pitts.— 1st, 68.1911
2d, 7s
1891 104 la 104% Mobile & Ohio— 1st ext., 68... 1927 109
Wheel.&L.E.— 1st. 5s, gold. ..1926
Bonds, 7«
1900 '115
St. L. & Cairo—48, guar
80
1928
(W.D.I— l8.g.,5s
1931
78of 1871
1901 125
Morgan's La. & T.— Ist, 6s
110% ii'i'
ini»ceHaiieoU8 Uouds.
1920
1st, con., guar., 78
1915 135 I3714
1st, 7s
1907
Water
Co.—
let
63....
Am.
1018 1221a
Del. & Hud. Canal—
Nash. Chat. & St. L.— 2d, 68. 1901
1907
l8tcon.,golu, 5s
l8t, extension, 78
1891 101 »8 IO314 NewOrleane&Gulf— 1st, 68 1926
Boston Uu. Gas— Tr. cer. 58..1939
Coupon, 78
1894 110 11036 N. O. &. No. E.-Pr. 1., g., 6s.. 1915
Cahaba
Coal Mln.— Ist g. 7s.. 1907
Pa. Div., coup., 78
1917 14012
N. Y. Cent.— Deb. g. 43
9878 Col. & Hock. Coal&L— 6s,g..l917
1905
Albany &Su8q.— Ist, gu.,78.1906 129 isij"' N. J. Junction—Guar,
let, 4s. 1986 100
Consol'n Coal— Convert. 63... 1897
l8t,con8., puar.,6s
1906 1181* 1201s N. Y. N. H. & H.-l8t, leg. 4s.l903 107 14 iio
Consumers Gas Co., Chicago— Ist
Bens. & Sar.- Ist, coup., 78.1921
147
N. Y. & Northern— l8t, g.. 58.1927 105
1936
guar. Ss
Denver City Cable— Ist, 68... 1908
2d, 4s
45
1927
so
Edisou Elec. 111. Co.— 1st, 5s. 1010
Denv. & R. G.— Imp.,g., 5a,.. 1928
83
87
N. Y. Susq. & West.- 2d, 4i2S.1937
75
80
Equitable
G.
&
F.—
1st
Os
1905
B. Tenn. Va. & Qa.— Ist, 78... 1900 112
Gen. mort., 58, g...
1940 82
G'lid Riv..Cl.&Coke.— Istg.6s.l919
Dlvisloual 5s
1930 103 1081s North'n PaclHc-Dlvid'd scrip ext 103
Hackeusack Water— Ist. SS..1926
iBt eit..gold, 5a
1937
861a
James
River Val.— 1st, 6s.. .1936 102 la 106
Henderson Bridge— Istg. 68.1931
Kq. & Imp., g., 58
] 938
Spokane & Pal.— Lst, 6e
1936 101
Iron Steamboat Co. 6s
1901
Mobile & Blrm.— 1 st, g., Ss. .1937
100
St. Paul & N. P.-Gen., 6s.. 1923
118 1211a Met. Tel. & Tel.— l8t,s.f.g.5s.. 1918
Alabama Central— Ist Oe... 1918
Helena&RedM'n— lst,g.,6s 1937 100 102 Nation'; Starch Mfg.— let, 6a,1920
Brie— l8t, exK^nded, 78
1897 114 116
DuluthAManitolia-lst.g.Osl 936 105 12 107
Northwestern Telegraph- 7>,, 1904
2d, cxteiKled, 5s
1919 114
Dul.&Maii Dak.Div.— I8t6s.l937 103% 105
Peoplc'8 Gas & Coke > latg.6s,1904
3d, extended, 412S
!!.!l923 108 14
CcBur d'Alene— 1st, 68, gold. 1916 105
Co., Chicago
52d g.6s,1904
4th, exleuded, 58
1920 118 115
„G«'i,l8t,g.,6s
104 106
1038
Philadelphia Co.— 1st s. f. 69.1898
• 6th, extended, 48
..'.
i 1928
101
lOiis
Cent.Wa8hiugton-lat,g.,68.1938 104
West. Union Tel.— 7s. 1875-1900
• Ist, cons., fd.
coup., 78. .. .1920
135
Norfolk & West-General, 68.1931 119
Woodstock Iron— let, g. 69... 1910
Rcorg., Ist lien, 68
1908 103
New River, 1 st, 68 .
1932 II2I2 113
CIiillNted Bonds.
1916 134 138
g$T^-,^?;r,^»t>78
Imp- & Ext., 68
1934
Ala.&Vick8.-Cou9ol.Sg.,1921.A&0
N
L.
L.
^
& W.— Col. tr.,08.1922
112
Ad)u8tmeut M., 78
1924
2d M., Income till '94, 1921..A&0
Funded coup., 58
1969 80
Equipment, 58
1908
'75'
Vicks. & Merld.,1 st 68, 1921. A&O
Income, 6a
1977
Clinch Val. let 58.... ""."'l057
96
97
Atlanta & Charl.— 1st 7s,1907. J&J
Buff. & 8. W.— Mortg. (i8;!;'l908 100 Is
Ogd. & Lake Ch.— istcon. 6s'.".1920
Comstock
Tun.— Inc.4s, 1919.M&.>J
Jefferson-lst, gu. g. 58 ....1909 103
idiig Ohio & Mlas— 2d consol.
126' Georgia Pac— 1st 68, 1922.... J&J
7s
1911
Chicago i! Eric, Ist, g.,4-5s.l982l* 84
Springfield Div.— 1st 73.
.1905
Consol.
5
Income, 08.
A&O
*
g 1923
igga 26
General Ss
1932
Incomes g 1923
Eureka SpnngH B'y— l8t,68.g.l933
A&O
River RR.
--Ist, 5s
1936 99 12
Little R.&Mem.- let 5g,1937.M&S
Evans. &T.n.—l8t,con8.,68 1921 114 116% Ohio
,,
General mort., gold, Ss
1937
87
Mt. Veriinii— Ist 6a
Mem.&Charl.-Con8.7g.,1915.J&J
1023
110
Oregon & Calllomia— 1st, 5g 1927
94
Evana. A- Intllau.— 1st, cons 1926
96
N.Y. & G'd Lake— let 66, 1908.F&A
110
Oregon Iinp't-Cone..g. 5a
1939
66
#Unt A- P. Mam.-Morl.. (is. .19201 ilflii 120
2d mort,, 68, 1908
F&A
Oreg. R5;A-Nav.-Col.ti. c..5a.l919
99
102
. .
112
i'loia
11314 115
110
60
30
"67"
114
90
95"
«
40
I
idi is
,
C—
1
. .
L&
90
idi'" 102
30
76
ids"
49
111
101
80
45
80
104
lOOis
97
92
ido"
'
ids"
100 id25^
1091s 115
116
117
112
100
115
'7314
"95"
7338
. .
61
03
.
. .
C—
100
109
IO912 iii"
861s 871a
IO914
110"8
109%
112%
100
"si"
78%
100
102
101
108
106
104
109 18
107%
1041a
100
105 14
W
—
. .
07ifl
idi
98
104%
100
IOII3 104
82
96"
108
85
100
100
110
101
idiis
94"
ii2"
.
.
.
,
,
,
I
.
lat con. giild,
.">«
Port Ilunui- 81. r,8
Fla. Ccu. ir Pen— lai ;..
939!
!
No
;
.">».
1939
99'. 1 00 >4
99'.|I(,0
1<)1S
....
1
'100
PeSv'.';'*'?;:'-iF-'^s-''-i'^'.<^''.7aii9o« 117
Pitts. Ft. W. ii C— lat,
73...1Ul.i 140
2<1.
7s
90
St L.Ark.&Tex.-lat48.Wheu issu'd
142
income
When L'isu'd
St. P. L. Gr. n-uuk- li g.lOlj.J&j
1'^. ns
Wi t-I. >c 1. Cpr
1!>14
2d
4s,
c
price Friday; these are the latest
quotatlotis
made
this
w cek.
I
90
70
96
117
28
109
73
17
67
110
25
6
67
83
95
80
100
121
74^4
22
69%
115
35
12
68 13
35
«
Janoaky
THE CHRONICLE
24. 18U1.J
169
Lalett Karnlngt KrjHn-lrd.
%n\itstmtnt
AMD
%mlvonA
.
i
Flor. Cent.* P.
Ft. W.
dr.
(la. ("nr'ln
No
AUio
A
Intjellig^ttjcje.
The Invkstobs' Supplement, a pamphlet of 150 pages
contains ejctended tables of the Funded Debt of States and
and Bonds of Railroads and other
Companies. It is published on the last Saturday of every
other month viz., January, March, May, Jtily, September
and November, and isftimished without extra charge to all
rtgidar subscribers of the Chronicle. Extra copies are sold
to subscribers of the Chronicle at 50 cents each, and to otitis
Cities
and of
the Sto(^s
—
at $1 per copy.
The General Quotations of Stocks and Bonds, occupying
six pages of the Chronicle, are published on the lliird
Saturday of each month.
RAILROAD EARNINGS.
Latest Eaniingt Reported.
Jan. 1
to Lategt Dale.
WedeorUoi'dO or '01. *89 or'SO 1890 or '91 1899 oc '00
RoAoe.
Alab'ma
Midl'd November.
Miiicr'l
2dwkJan
wk Jan
2d wk Jan.
48.393
19,439
213.270
510,002
23,310
533,311
94,800
22,098
117,497
050,809
October
160.,")03
November.
AlleKhenv Vai.. November.
A.tch. T.
& S. Fe.
Half owned
wk Jan.
wk Jan.
2d wk Jan.
2(1
... 2<l
Total sratem.
BtL.&8anF.. 2dwk Jan.
Half owned..
Tot.8.L.&8.P. 2d
Agii. total
.
.
Atlanta ACbar.
Atlanta A- Flor'a
Atlanta & W.Pt.
B.AO.Eastl/ines
Western Lines
Total
Dcconibcr.
December
23,218
200,632
492,045
19,087
511,132
92,854
18.450
1 1
1.304
022,436
153.182
12.805
48,097
14.503
52.022
December. 1,539.()32 1,039.000
December. 482,39,
491,993
December. 2,022.027 2,130,993
Bal.&0.8outhw.'2d wk Jan.
Bait. A- Poioncvc'November.
Bath & Ham'dpt! October.
Beecli Creek
.«eiitemb*r.
Blr.Sh.ATenn.R November.
Bnff.Roch.A- liii 2d wk Jan.
Bur. C.Rap. & N. 2d wk Jan,
Oamden&Afi. November.
Canada Atlantic December
41,939
15i.549
5,700
80.280
17,05
41.600
59,239
42.05H
39.700
41.904
152,S71
3.919
70.759
13.319
26.592
50.217
38,588
2,109,489
935,101
40,014
975,775
181,256
39,244
220,499
1,196,274
1,225.579
94.738
479,940
462.427
18,6,59,91 17,330,220
5.609,744 5,090.872
24.329.659 2.',427.093
79.512 * 93.X09
1,569,993 1,500,253
743,029
77,0d3
760,665
.592.112
'5.3;
184
699.356
.39.351
Canadian Pacinc 2d wk Jan. 21^2.000 219.0)0
570,000
459.000
Op.F'r&Yad.Val 2d nk Jan.
13.498
9,517
25.712
17,174
Cen.RK.A Bir.Co November. 870.730 82S.974 7,834,209 7,190,250
Cent.N'.KnK.JiW November.
60.792
39.980
Ceuiial ol N. J
November. 1,231.292 1,172.311 12,486'.829 12.385.787
Central Pacific.. November. 1,390.900 1,278,395 14,683.529 14.486,945
Central of S. C. October
10,938
11.294
95.499
94.228
Centr'lVerm'nt. Wk Jan.lO
5J.29S
49.317
107,251
107.938
N.London NorlWk Jan.lO
8,743
9.710
19,210
19.990
Ogd.&LakeCliUvk Jan.lO
11.024
11.313
24.013
25.135
Tot. system. Wk Jau.lO
72,005
70,340
149,474
152.903
.
.
Chatt'n'gaUui'fi December.
Cheraw. &Darl. November.
Cbes. <k Ohio ..
2d wk .Ian
Ches.O. & 8. W. December
. .
Ones.
&
Lenoir Otitober.
Chic. Burl. & Q. November.
Chic.& Ea.st. 111. '2d wk Jan.
Chlc.Mll.ife8t.P.|2dwk Jan.
Chic. JiN'tbw'u.iDecembcr.
Ohlc.Peo.&St.L. October.
Chic.Bock l.tk P.;December.
Ohic.St.P.AK.O.j2d wk Jan.
.
.
.
Ohle.St.P M.&0.|Novemb. r.
Chlo. & W. .MicU.j2d wk Jan
Chliipewa Val ..December.
Cln.Ga. & Ports. December.
Jack&Mac.l2d wk .Ian.
Oln.N. O. &T. P.i2d wk Jan.
Cln.
Ala.Gt.Soutb.!2dwk Jan,
N. Orl. & N. K. 2d wk Jan.
Ala. & Vkksb. 2d wk Jan.
Vickfl. Hh. & P. 2d
Erlanger 8yst. 2d
wk
Jan.
wk Jan
Olnn.Noriliw'u. December
Cin.Walj.&.MieU.
December
Clev.AkrouACol 2d wk Jan,
Olev. & Canton.. December.
01.Cm.CU.& .S.L 2d wk Jan.
Peo.
&
Kiist'u.
2d wk Jan
Olev. & Marietta December
Color. Midland. 2d wk Jan.
Col. H. V. & Tol. December
Colusa & Lake.. December
Covin. & Macoji.iDecember.
Ciimberl'nd Val. November,
Day Ft.W.iCh.. December.
DeoT. A Klo Gr. ;t(i wk Jan.
Des Moin. & No. December
DesM. AN'west December.
DetBay C.& Ali> 2d wk Jan.
Det.LausV&No,2d wk Jan.
DolutUS.S.A AtlhJd wk Jan.
E.Teun.Va.&Ga. October. ..
Knoiv.A Ohio October. ..
Total sy.stem. 2d wk Jan.
El)?inJol.,vj:aat. November.
Bllz.Lpx.&B.8...!3dwk Dec.
Emjiire .V D'ljlin November.
Evaus.Alnd'iili.- 2(1 wk Jan.
Bvansv. A T. H. 2d wk Jan.
Ktcbbur^
November.
Flint. <& P. Mara. :2d
wk Jan.
17,672
12,573
106.902
57,501
57.468
614.962
.519.033
12.231
3.410
58.421
24.943
33,000
30,292
365.432
292.314
9,216
8.180
115.166
107.112
9,557
7.771
98,320
79.616
143,277 142,519,
265.239
263,618
207,762 196,190 2,1511.006
134,194
8,aoj
7,039|
03.590
60.273
2.872.681 2,907.578 32,314.8.54 30.967,940
09,154
49.789
141.008
95.946
439,630 414.5981
891.963
9:i6.576
2,183.170 2.182.905 28.039.208 ,26,195.281
47.190
41,543
346.675
311,328
1,353,133 1,389,542 16,971.131 16.()97,."j77
02,790
73,489
119,4771
151,746
677.727 668,937 0,274,536 5,939,105
2J,0()4
19,549
42.477
39,390
4,02.'S
5,233
146,395
137,398
5.150
5,000
67.025
65,090
11,009
9.589
21,861
19,993
71,226
78.300
135,-83
150.112
29,790
39,978
57,404
73,292
21 ,279
24,200
41.569
43.060
10,305
14,792
23.679
28,728
10,903
13.909
21,305
26,291
143,503 170.079
279,939
322.079
1,9.54
1,508
20,437
19.103
49,270
41.171
584.030
531.099
15,605
14.917
31.434
27.938
•
53,000
41,933
11--,012
590.0(
230.473 224,616
449,4l>.s
442,190
28,302
27.797
53.635
53.400
29,375
20.965
330.071
203.050
3S,501
30,713
•»J,872
58,497
244,678 184.996 3,020,959 2,524.655
2,034
1.932
23,428
26,165
18.100
16,277
151,500
116,607
84.438
75.043
44,341
40.746,
soi'.'Sia
iliiV.o'l'i
165. .500
432.50ii
137.500
4(12.5(10
10.394
6.17,-!
117,290
62.461
18,244
211.3(10
210.999
189.211
9.829
7,; 63
1 9,909
14.668
17,15;(
31. '30
15,497
31,-<00
29,195
23,3.321
54.001
50.458
635.035 009,020 5.503,767 4.673.424
69,416
53.641]
577,931
477.920
139.496 153,091]
281,222
295.960
49,0121
27,598
541,806
254,687
45,528
43,.509
3.162
1.333
32.991
12.289
6,3 08,
3.501
11.0-6
5.969
20.675'
10,320
39.406
20.968
596.515 011,208: 5,972,056 5,505.999
57,0G«
40,700
95.541
106,938
tti
Luirti IJaU,
October
November,
.
.
I
29.085'
20.2201
9.9511
173.9901
Cedar F..feMln. De(M'mber.
Dub. ASi(('iC. December.
Iowa lines
Dec(rmber.
2(1
wk
Oct.
Erie All. A 80 December.
Erie A VVest* 2d wk Jan.
A Hnd., December.
Rock A Mem 4thwk Doc
LeUiKh
Lent! Island
December.
Loui.s.AMo.Riv 8ept(niib'r.
Louis.Ev.&St.L. 2d wk Jan,
Louisv.ANasUv. 2(1 wk Jan,
Louia.N. A&Ch 2d wli .Tan.
N.AACor November.
2,007
63,010
194,422
52,973
,659.026
750.263
04,234
12,404
6.400
40.749
819,700
977.1.".'!
7S,10«I
l42.9-(-'
4.5l-(
105.9(111
45.597
34.0961
31.7(13
6.43i)
6,533
3,207
43,836
324,705
76,290
19,824
4,886
125,578
17,000
9.258
197.612
205,870
5-.;,947
5.253
5..591
70.375
22.420
66.188
7,144
2,349
3,762
6.098
.50,002
30,418
25.4—
263,222
38.119
26.4SI8
346.805
42,025
#
IK
26,890
7.43S
7h..57,1;
Total all .... De('ei((ber. 1,681.058
Ind.Dec.AWe.it. Decemt)er.
48,033
Interoc'nic(Mxi December.
'34,646
Iowa Central... 2d wk Jan.
Iron Kailway... December.
3.211
Jaek'v.Honth't'n D(M'ember.
77.999
J'kuv.T.AK.Wft November.
KauawbavtMlcl) 2d wk Jan.
Kan. C. CI. & 811 2d wk Jan.
K.C.F.8. AMem. 2d wk Jan.
K.C.Mem. A Bin d wk Jan.
Kentucky Cent. 3 wkfl Dec.
Keokuk A West. 2d wk Jan.
Kintrst'n A Pem. 2d wk Dee.
i
1
83.(Jl7
Lou.St.L.ATex. 3d
I
I
'
335,817
63,489
13,173
5,42»
92.091
1-2
.'>
'
,
.
5.675
51,892
22,470
17.199
2.30.04 5
49.271
16,405
358.190
30.523
67,954
100.254
352,23
617,169
3,956,715
303.634
50.081
681,185
85,516
wk Jan.
wk Jan
.
M
.
I
79,010
26.93)
l.lSfl.aSH
,
63.143
105,503
270,816
610,153
3,503,950
331,753
30,863
693,832
71,189
919
993
84,053
89.017
166,1(4
169,7OT
7,384
5.732
19,571
18.961
Lyncbb.ADur'm December
1 4,000
3.250
116.115
Memphis A CUas 2d wk Jan.
39,806
45,049
77.762i
861858
(Mexican Cent. 2d wk Jan
121,149
127.493
215,033:
226,758
(Mex. National 2(1 wk Jan.
77.K04
83,243
149.851
146,122
tMexicau R'way \VkDec.2;
99,099
09.365 4,009.477, 4.104,582
Mil.L.Sli.AWest 2d wk .Ian
43,594
50,322
100,982
86,912,
Milwaukee A No
wk Jan
29,205
20.507
41, .534
53,099
Mineral Ranee.. December.
11,046
9.377
109,775
123,0851
Minneap. ASt.L. December.
141,720 120,330 1,518,2901 1,447,938
M.St.P. AS.S.M. December.
144.053
174,554 1,995.937, 1,651,412
Mo. Kan. A Tex. December.
869,330 824,370 8.652,676 7,820,182
Kan. C. A Pac. December.
29,382
23.395
320.486'
Mobile A Birm.. 2d wk Jan.
6,885
51834
13,293
11,411
Mobile A Ohio
December. 347,752 322,320 3.444,279 3.053,884
MontereyAM.G November.
43.051
430.454
Nash. Ch. ASt.L. December.
347.202 309.265 3,734,634 3,505.725
N.Jersey A N.Y. November.
23.743
20,147:
240.661
225.023
New Orl. A Gull December.
20.817
22.029
159. 190
192.140
S. Y. C. A H. K. December. 3,093,956 2,981,531 36,259,641 36.056,599
S. Y. L. E. A W. November. 2,514.425 2.479,171 !6. 924.065 25,324,162
N. Y. Pa. A Ohio November.
592,409 609,990 6,609,731 0,062,272
N. Y.AN.Eng.. November.
506,715 491,348 5,540,346 5.177,239
N. Y. ANorth'u December.
36.707
511,19942,800
581.786
N. Y.Ont. AW.ct 2d wk Jan
49,532
29,206
95,903:
58,169
N.Y. Susq.A-W.. December.
130,048
124.237 1.590,310! 1.402,466
SortolkAWest 6 2dwk Jan. 175,837 160,169
334,413
319,199
S'tUeast'n(S. C.) October. ..
65,598
494.068
51,3041
580,029
Nurth'u Central. Novemoer.
536,141
528.1511 6.125.337| 5.569,730
Northern PaclUc 2d wk Jan.
423,704 275,4411
529,424
829,0071
OUioAMiss
2d wk Jan.
95,412
160,9731
155.267
85,2811
OhioANorthw.. December.
19,33i
226,919!
219,614
20,789;
Col. A Mays v. December.
665
11,026
936
9.363
Ohio River
1st wk .Tan
13,461
12,171
12,171
13.46l|
Ohio Southern December.
59,793
522,638
41,696!
567,510:
Olio Val. of Ky. 2d wk Jan.
5,117
6,245
3, 230'
9.200;
Omaha A St. L. November.
465,567
45,070
51.859i
554.154;
Orejjon Imp. Co. October...
414,646 39(J,302' 3.762,051 3.571,175
Peun.sylvauia .. November. 5,659,807 5,492.800 00,896,940'56,019,181
PeoriaDee.AEv. 2d wk Jan.
20.47'^
15.207
10,578
29,2j5:
Peter.sbur>r
30,371'
429,124
Novein!)er.
39,531
498,459
Phila. A Erie... November.
438.295 412.193 4,755.782 4.322,317
Phila. A Kead'K November. 1.895.787 1,710.2,50 19,279.545 17,618,100
CoalAIr(mCo November. 1.909.472 1.856.579
Total bothCo3.'Novembcr.'3,805,259 3,.506.929
Pitts. Mar. A Ch. December.
3.300
2,225
37,033
21.92a
Pittsb. A West'u October. ..
138.900 124.584 1,230,331 1.170.31S
Pitts.Clev.AT.Ociober. ..
415,570
49,764!
45.271
404,728
Pitts.Paiu.AF. October. ..
242.606
23,931
241.672
30.478
Total system 2(1 wk Jan.
72,116
27.7I2I
36.058
55,163
Pitt.Young.AA. December.
82,111
94,819 1.371,375' 1,144,97a
Royal
Aug.
A
302,369'
Pt.
November.
288,913
28.214
32,903
Pt. Roy. A W. Car.! November.
325,267
39.525
41,780
369.424
Pres.AAriz.Ccn. December,
129.508
11.098
11.400
134,594;
liuincy O. A K.C. December.
21.078
250.40O
25.120
254,628
Rich.ADanville. December.
500.940 503.700 5.908.636 5.543.813
Vir. Midland. Dccciiiber.
193.950 177.'200 2,315,859 2. •.49,261
Char.Col.AAu. December.
999,826
91.790
81,766
935,11
Col. A Greenv. December.
709,681
75,990:
79.300
862,398
West. No. Car. December.
945,172'
72.002
867,128
79,190l
Georgia Pae ..'December.
197,700 190.881 1.925.031 1.11(7,759
151,3>-9
Wash.O.A W.. December.
11.500:
9.893
125,867
Ashv. A Spart. December.
11.900
144.5991
121,225
10,55*
555,60'i]
Total Sy.s'm. 2(1 wk Jan.
293,909 286,350
535,200
Wch. A Petersli. Noveml)er.
25,775
270,113
25,597
307,490
72.600'
Rio Or. West. ,2dwk Jan.
42,m)ol
24,200'
41,550
Rome W. A Ogd. December. 296,787 301,041 3.937.512 3,586,166
8aK.Tii.scolaAn. December
106.990
7,497
6.634
104.925,
8l.L.A.AT.lI.B's 2d wk Jan.
26.970
24,756
49.510
43,803
8t.L. Ark. ATex.:2d wk Jan.
137.279
147,930
70,760
82,753
8t. Paul A D(a'tb, Decemlior
114,581
90,905 1.493.370 1,301,986
971.943 730,632 10.136.093 8,733,693
et P.Min.AMan. Decdiilur.
East. 01 Minn. Dceeiiilier.
66,192
668,883
140.922
735,001
Montana Cent. December. 116.484:
77,902 1.141.179
968.582
Total Syrt'ni. Deccmbeo*. 1,132,349 874,616 12.012,273 10.271,158
S.Ant.&Ar.Pass Novemler.
170.220t 175.603 1,564.631 1,266.690
9.929'
9,929'
7,936;
7.036
B. Fran. A N. Pac 1 st wk J un
50.000
21,696
403,454
135.209
8av. Am. A Mon. December.
71. '228
SciotoVal.AN.E 'October. ..
509.196
10.451
Seattle L. 8. A E. 2d wk Jan.
6.280
14 ,'250
063,7:0
Sneuandoah Vai December.
99.106
05.008 1.310.075
Louis.
Louisv.N.O. AT, 2d
.
.
57.251
18,138
I'll
39,247
5,036
44.770,
1 1.437
107,563 I.434.IO4I 1,153.063
17,93«
158,367
168,798
1,305,440 14,661 ,043 14,109,041
7,068
08,310
94370
188.979 2,077,370: 1,820,928
106,017 2.17.5.68O1 1,015,298
1.561.4871 16.837,625 10,114,339
41,180
458.571
406.761
1,560,000-1.037,387
'33; 202
60,075
62,552
3,008
37,037
40,738
52,125
61,594
486,688
495i9'i9
4,601
9.697
9.31
5.035
11.428
9.976
83,584
169.209
137,890
26,603
49,557
43,582
60.210 1,073.956 1,036,053
7,183
14.367
13.586
2,372
172,107
159,589
]
I
Char.Cln.&CbiCiOctober. ..
Oharlesfn ASav November.
Char. Sum.it No. tOetober
CUat.K'meACol.iDeeember.
«
.Ian.
0()((Hatonlc
November.
Uuiiie.tt'nJc9hen Deceuiber.
L.
1
.
.
.
wk
ni.Cen.dll.ASo.i December. 1,476,088
L.
L.
2,385,787
991.129
48.259
1,039.396
186.913
47,064
233,906
1,273,292
1,371,161
136,770
2d
December
UeorKia Kl<
Geo. 80. AFIa.. D((cember.
Or. Kail. AInd.. 2(1 wk Jan.
Uin.K.AFt. W. 2d wk Jan
Other lines. .. Jd wk Jan.
Total all lln(<s. 2d wk Jan.
Grand Trunk. .. WkJan. 17
Chic 4Gr.Tr. Wk Jau.lO
Oet.Gr.lI.AM. Wk Jan.lO
Gulf ACIiicaKO. )ecenib(?r
Kuox.C.G.&L..
I
Alabama
Jan.
Wtfkor Mn '00 or '91. '80 or 'DO. ISOOor'Ol 1889or'0O
ROAns.
THE CHRONICLE.
IfcO
Lalest Eaniiatjs Reported.
BOADS.
WcckorMo
'90 or •Ol.i'aS or
Jan. 1
to Latest
Dale
.
2(f
|
meek of Jarmary.
Bpar. Uu. & Col. October,
So. Paciflc Co.—
..
Gal.Har.&S.A. Norembcr.
Louis'a West. November.
.
Morwu"sL&T. November.
N. Y. T. <fc Mex. Xovember.
Tex. & N. Orl. November.
Atlantic sys'm November.
November.
November.
Pacific system
Total ol all..
So.Pac. RK.—
Ko. DiT. (Cal.) November.
8o. Dlv. (Cal.) November.
Arizona Ulv.. November.
New Mex. Div. November.
Btaten T. Kap. T. Novemtier
etonyCl.iC.Mt.. November.
Summit Branch. December
Lykens Valley December
Tal.& CoosaVal. December
Tenn. Miillanrt.. December.
Texas & Pacitic 2d wk Jan,
ToLA.A.<itN. M LstwkJan
Tol. Col. & Cin..
Tola Ohio Cent.
2(1
2(1
wk Jan.
wk Jan.
ToI.A O.Ceu.Kx Dccemlier
Tol. P. &. West.. 2(1 wk Jan
Tol. St. L. & K.C. 2a wk Jan.
35.000
146.000
11,438
6,24'
25,787
122.044
18,895
4,51
27,459
10,621
16,537
30,175
1,765
26,749
1,552.203
103,505
119.841
11,937
1,3.14,223
96,147
3,950,756 3,606,230
P93,592
1,072,794
5,047,662 4,730,905
170,375
202,901
1,735,697 1,566.976
12.009.807 11,118.076
32,181,494 31,522.249
44,191,300 42,640,325
176,308 2,139,666
491,724 5,950,568
177,280 1,850,209
957,589
82,483
945,815
54.476
61,869
1,745
91,333 1,123,754
955,566
83,849
78,363
5,854
219,551
24,726
247,967
151,371
21,515
18,895
9,820
4.457
50.951
20,022
109.312
8,397
33.385
16.277
56,458
29,950
26,135
1,938
346,247
31,237
Tol.&So.Haveu December.
November.
Ulster <S; Del
Union Pacific—
Or.S.L.&U.N. November. 671.69*- 586,525
455,520
558,551
Or.Ry.&N. Co. Soveraber
31.791
17,081
St.Jo.&G'dlsl. 1st wk Jan
502,774
420,093
Novemlier.
Un.Pac.D.&G.
All otli. lines. November. 2,187,121 .130,900
Tor.U.P.Sys. November. 3,993,12413,722.510
2,003.394
5,«11,392
1,706,435
865,523
876,489
49.030
1,190,954
921,183
66,010
195,838
233,034
21,415
8,480
37,626
95,905
32,018
55,901
24,175
309,661
6,881,911 5,958,939
4,469,217 4.218 458
31,791
17,081
5,278.206 4,163.506
22.032,847 20,647,454
39,852,90^^ 36,096,791
753,196
918,893
90,752
61,522i
Cent.Br.&l-.L.'November
40,771,800 36,849,987
4,054.6463,813,263
Tot. cont'le(VNovemher.
697,796
876,773
89,9341
73,686
Montana Un.. 'November.
27,102
28,369
2.481
2,553
I^av.Top. & 8. November.
30.847
35,277
3,5.^8
2,800
Man.Al.i^i Bur. November.
377,872
470,453
39,519
November.
48,006
Joint. own'd.^ia
Grand total. November. 4,102,653 3,852,782 41,242,260 37,227,859
U.S'kYdfl.&T.Co November. 244,355 233.792 2,468,407 2,109,717
175,677
178,728
14,430
14,902
Vermont Valley November.
492,280
415,589
Wabash
2d wk Jan. 215.203 261,991
6.043
7,475
Wab. Chest.AW. Octolicr.
562,464
559,097
62.076
62,864
Western of Ala. December.
102.695 1,525,412 1,423,171
November, 114,4^"
West.lersev
759.127
981,196
85,.502
68,059
W.V.Cen.<S:Pltts. December.
8,310
8,929
West V. & Pitts. iNovember.
112.400
131,100
68,000
56,700
Wegl.N.Y. & Pa. 2d wk Jan
41,361
37,271
21,455
19.310
WhcelinK&L. E. 2d wk Jan.
803.937
713.793
101,371
90,0)0
Wll. Co!. <S: Aug. October.
138,137
73,245
152,021
83,628
Wisconsin Cent 2ri wk .Ian.
80,902
8,529
7,385
91,069
Wrightsv.&Ten iDecember
.
I
* Ft. Wayne Cin. <St Louisville included for both years since .Fuly 1.
a New coal extension operated since July 21 in 1890 and Utica Clinton & Bing. included for both years since July]. 6 Includes in both
Tears Scioro Valley Division, and Maryland <& Washington Division
Mexican currenov. a Main Line. 1 From
iShonandoah Valley.)
October 1, 1890, the Great Northern runs its own trains over the
Eastern's track from Hinckley to West Superior.
1
Latest Gross Earnings by Weeks.— The
earniogR in the foregoing table are (separately
For the 2d
87 roads.
2<l icfck
week of January we have an
of January.
1891.
$
510,002
4- S. F. system
Roads j'tly owned H8t. Louis ,% 8. Fran
Roads J'tly owned %.
Bait. * Ohio Southw
BuBaio Roch.ft Pitts...
At. Top.
.
.
Cape Fear & Yadkin Val.
'Central Vermont
•New London North'n
"OKdensb.&I/.Champl'n
Chesapeake & Ohio
Chicaco & East. Illinois
Chlcaeo Mil. & St. Paul..
ChicaKO 8t. P. & K. Citv.
ChicaKo &W<et MichlKan
Cincinnati Jack. & Mack.
.
Cin. N. O. & T. P. (5road8).
Cleve. Akron &Col
Cleve. Cin. Chic. & St. L.
Peoria & Eastern
Colorado Midland
Denver
Rio ({rande
Detroit Bav C. & Alpena.
Detroit Lans.A North...
<fe
.
Soluth 8. 8. * Atlantic.
East Tenn.Va. A Ga
.
.
Evansviile & (ndianap...
Evans. & Tcrrc Haute...
Flint 4 Perc Marquette.
Florida Central* Penln.
Grand Rapids <t Indiana.
Cincinnati R. & Ft.W..
Other lines
•Grand Trunk of Canada
•Chlcn»ro dc (Jr. Trunk..
•Det. Gd. Hav. &. MU.
.
Iowa Central
Kananrhu A Michijran....
Kan. City Clin. * Spr....
Kan. City Vt.S.A Mem..
KitDsas C. MeiD. 4 Birm.
Keokuk \- Western
Lake Eric & Western....
Louisv. Evansv. 4 St. L.
roulaville 4 Nashville...
Lotils. N. Alb. A Chic
LouIiTlUe N. O. 4 Texas.
23,310
94.800
22.698
41.039
41,600
282,000
13,498
52,298
8,743
11,024
143,277
69,454
439,030
62,790
22.004
11.009
143.563
15,665
230,473
23.302
38,501
144.000
9,829
17.159
29,195
139,496
6,368
20.675
57,066
29.685
34,096
6,533
3,207
336,015
76,290
19,824
34,646
5,253
5,594
70,375
22,420
7.144
50,002
26,498
346.803
42,025
84,053
1390.
$
492.045
19,088
92,854
18,451
41,904
26,592
219.000
9.517
49,317
9,710
11,313
142,519
49.789
414.588
73,489
19.549
9,589
170,079
14,917
224,616
27,787
30,713
135,000
7,763
15,497
23,332
153,091
3,561
16,320
46,700
26,89C
31,703
latest
as
increase of 5'49 on
$
Decrease.
$
17,937
4.222
1.946
4.217
35
15,008
63,000
3,981
2,9s 1
967
289
758
19,665
25,042
10,699
2,455
1,420
26,516
748
5,857
515
7,788
9,000
2,066
1,662
5,863
6,438
2,607
94
600
11,3.50
75,10fl
1,193
1.686
1,444
652
559
'13,209
4,183
39
1,880
10,033
11,375
5,502
4,964
6.413
39,806
<t Charleston.
.Mexican Central
Mexican National
Milwaulfee L. Sh. & West.
.
83,243
43,594
28.205
6.885
49,532
175,837
423,704
35,442
5,117
15,207
27,712
293,800
42,000
26,870
70,760
6.280
122,044
4,517
27,459
16,537
30,175
215.203
68,000
21,455
83,623
Northern Pacitic
Ohio & Mississippi
Ohio Val. of Kentucky.
Peoria Decatur A Evans v.
.
Pittsbure & Western
Rich. & Danv. (8 roads).
Rio Grande Western
St L. Ait. AT. H. Brches.
8t. Louis Ark. & Te xas. .
Seattle L. 8. A Eastern.
Texas
A
Pacitlo
Toledo Col. A Cincinnati.
Toledo A Ohio Central...
Toledo Peoria A Western
Toledo St. L. A Kan.City.
Wabash
Western N. Y. A Penn.
WUeeliu«[& Lake Erie...
Wisconsin Central
Total (87 roads)
Net increase (5 49
*
6,928
45,649
127,493
77,804
50.322
20.567
5,834
29,206
1'24,149
Milwaukee aiNorlhern..
Mobile & Birmingham...
New York Out. & West.
Norfolk & Western
6,074,416
1(50,168
275,441
85,281
3,236
10,578
36,058
286.350
24,'200
24,7.56
82,753
5,875
151.371
4,457
20,022
16,277
29,950
261,991
56.700
19.310
73,245
5,758,335
p.o.)
For week ending January
515
5,843
3^44
5,439
6.728
7,638
1,051
20,326
15,669
118,263
161
1.881
4,629
8,346
7,450
17,800
2,114
'ii',993
405
'29,327
60
7,437
260
225
46',7'8'9
11,300
2.145
10,383
516,681
316,081
200,600
10.
Net Earnings Monthly fo Tafest Bates.— The following
shows the gross and net earnings to latest dates of all railroads
furnishing monthly statements. The compilation includes
every road from which we can get returns of this character,
and in that form is given once a moath. Early returns are
published from week to week, as soon as issued, but for the
convenience of our readers all the roads xnaking returns are
brought together here in the week in which we publish our
monthly article on net earnings say on or about the 20th of
the month. A paragraph mark (^) added after the name
of a road indicates that the figures for that road have not previously been given, but appear for the first time in this issue.
—
Gross Earnings.1889.
1890.
,
Roads.
$
19,312
19,488
Oct.
Alab.ama Mineral
200.632
No
213,276
v.
Allegheny Valley.. TI
2,385.787 2,169,489
Jan. 1 to Nov. 30.
1,611,211
Atch. Top. A S. Fe .Nov. 2,909.330
Jan. 1 to Nov. 30... 28.770,029 24,108,673
July 1 to Nov. 30. ..14,277,531 12,423,928
163,550
130,767
R'ds i'tlvow'd(i2).Nov.
Jan. 1 to Nov. 30... 1,539,528 1,339,005
594,946
735,329
July I to Nov. 30...
Total Atch.system.Nov. 3,072,880 2,741,978
Jan. 1 to Nov. 30. ..30,309,554 25,447,671
July 1 to Nov. 30... 15,012,857 13,018,875
627,191
568,793
St. L. A San Fran. Nov.
Jan. 1 to Nov. 30... 6,023,240 5,448,718
July 1 to Nov. 30... 3,127,362 2,893,957
160,511
128,091
R'da J'tly ow'd (la). Nov.
719,148
580,664
July 1 to Nov. 30.
787,702
696,889
Total S. L. A 8. F.Nov..
July 1 to Nov. 30... 3,846,509 3,474,621
F.Nov.
3.860,582
3,438,863
Atch.A
S.
Total
18,859.368 16,493,498
July 1 to Nov. 30
Baltimore A OhioLines E.Ohio Riv.HDec 1,539,632 1,639,000
Jan. 1 to Deo. 3t.. 18,659,915 17,330,220
4,801,670 4,889,731
Oct. 1 to Dec. 31..
482,395
491,993
Lines W. O. Eiv..1IDec
Jan. 1 to Dec. 31.. 5,668,744 5,096,872
Oct 1 to Dec. 31.. 1,457,817 1,453,193
IFDeo 2,022,027 2,130.993
Total System
Jan. 1 to Dec. 31.. 24,328,658 22,427,093
6,259,487 6.342,924
Oct. 1 to Dec. 31..
221,541
199,960
B. AO. Southwest'n.Sept.
Jan. 1 to Sept. 30.. 1,719,780 1.550,550
Nov.
154,549
162,871
Bait. A Potomac
Jan. 1 to Nov. 30... 1,569,993 1,500,253
210,313
176,033
Buff. Eoch. A Pltts.HNov.
Jan. 1 to Nov 30... 2,018.982 1,799,828
855,055
July 1 to Nov. 30... 1,043,277
318,245
282,040
Burl.Ced.Eap. A No. TTNov.
Jan. 1 to Nov. 30... 2,998,227 2,717,544
42,058
Camden A Atlantic. TINov.
38,588
760,665
Jan. 1 to Nov. 30...
699S356
Pacific*...
Nov
1,734,490
Canadian
1,584,000
Jan. 1 to Nov. 30. ..15,004,038 14,032,184
46. 1 03
Gape F. A Yad. Valr. Dec
35,935
555,209
Jan. 1 to Dec. 31...
398,382
July 1 to Doc. 31...
306,664
208,071
Central of Georgia. .Nov.
876,739
828,974
Jan. 1 to Nov. 30... 7,834,269 7,180,2.50
July 1 to Nov. 30... 3,962,773 3,752,500
Cent. N. Eng. A W. .Nov.
60,792
39,980
Cent.of New Jersey.Nov. 1,231,292 1,172,311
Jan. 1 to Nov.30. .. 12,486,829 12;385;787
Central Paciflc
UNov. 1,390,900 1,2~8,393
Jan. 1 to Nov. 30... 14,683,529 14,486,945
Chattanooga Union. TiNov.
9.201
8,186
Jap. I to Nov. 30...
105,950
98,926
Chesapeake A Ohio. Nov.
680,346
569,681
Jan. 1 to Nov. 30... 7,079,937 5,594,490
July 1 to Nov. 30... 3,471,990 2,998,494
(aic. Burl. ACJulnoy. Nov. 2,872.681 2,967,578
Jan. 1 to Nov. 30... 32,314,854 30,867;840
Ohio. MU. A St. Paul. Nov. 2,650,986 2,737,377
Jan. 1 to Nov. 30... 24,357,549 23,538,420
July 1 to Nov. 30... 12,743, 141 12,429,501
.
.
.
.
.
13,595
2,807
4.355
10.366
2.795
2,393
324,665
18,138
33,202
4,601
5,035
83,581
26,603
7,183
51,882
16,465
358.180
36,523
89,017
weekly
summed up
Increase.
L.& Texas.
Memphis
284.057
422.531 366,827
107,S8S 108,191
633,684 605,416
25,15
25,552
169,648 1 80,200
1,285.790
1,358,804
840,257
3,003.466
4,367,270 4;i26,053
175.130
537,5S0
176,810
90,936
65,000
1,662
110,171
75,354
Decrease.
1890.
1891.
Ln
•90.1890or'91 1889 or '90
Louisville St.
BlouxClty&No. Noveraber.
Bomb CarollBa December.
[Vol.
.
—Net Earnings.
1890.
.
1889.
7,260
4.569
78,472
91.318
937,115
1,055,559
781,460 1,044,382
7.037,607
8,782,143
4,498,209 4,569,028
25,191
4,630
124.621
76,345
67,938
12,990
786,090 1,069,573
8,906,764 7,113,941
4,509,196 4,636,966
230,531
290,888
2,594,861 2,444,678
1,474,059 1,422,486
2T,327
7,123
76,296
29,048
298,011
307,858
1,503,107 1,498,782
1,084,101 1,377.431
6,012,307 6,135,750
540,936
6,'208,654
1,732,205
73,919
595,815
6,134,759
1,898,681
125,427
1,084,724
386,655
941,505
258,065
614,855
721,242
7,150,159 7,219,484
1,990,270 2,285,336
79,526
72,004
442,298
591,608
49,931
49,233
360,436
427,281
57,699
54,480
534,690
645,354
293,289
298,581
81,706
80,013
718,094
753,447
def. 9,808 def. 7,454
156,788
149,379
734,783
795,070
5,724,072 5,587,825
18.114
16,701
181,821
234,695
95,333
133,436
302,289
219,834
1,717,903 1,901,646
1,081,375 1,186.546
11,50*
21.490
502,688
581,941
5,405,154 5,513,551
517,051
569,804
5,647,577 5,463.384
2,453
2,899
36,237
40,340
153,940
200,123
1,670,656 1,378,416
966,447
1,055.814
1,056,021 1,093,655
11,400,839 11,398,727
1,057,947 1,143,480
7,988,255 8,138,645
4,674,296 4,878,923
Jakuart
.
Soaitt.
CUlc. Pcoritt
TH£ CIHE0N1GL&
24, 19I>1.]
A
Orou Earnlngt
—
1889.
1890.
1880.
t
•
•
•
47,100
.
.
.
.
.
.
. .
Hm
«
a,
Gr'nd Trunk of Can. UNov.
329.194
358,921
Jan. 1 to Nov. 30... 3,088,822 3,693,066
July 1 to Nov. 30... l,79y,522 1,874.088
Chic. A Grand Tr.TINov.
61,906
66,631
Jan. 1 to Nov. 31...
701,241
673,362
July 1 to Nov. 30...
323,453
336.981
DetGr. H. AMII.TJNov,
18,694
18,598
Jan. 1 to Nov. 31...
212,796
200.361
July 1 to Nov. 30...
107,638
103,702
.
9
Illinois Central
Deo. 1,476.088
Jan
$
1,365.440
1 to Dec. 31... 14,661,943 14.199,041
July 1 to Dee. 31... 7,982,149 7,768,213
A M...Dec.
Jan. 1 to Dec. 31...
July 1 to Dec. 31...
Dub. A Sioux City . Dec.
Jan. 1 to Dec. 31...
July 1 to Dec. 31....
Total Iowa lines.. Deo.
Jan. 1 to Dec. 31...
July 1 to Dec. 31...
Ind. Dec. A West
Oct.
Jan. 1 to Oct 31
July 1 to Oct 31...
Iowa Central
Nov .
Jan. 1 to Nov. 30..
Cedar Falls
.
July 1 to Nov. 30...
Jack.Tam. AK. W.^HNov.
Jan. 1 to Nov. 30...
July 1 to Nov. 30..
Kanawha A Mich.. UNov
July 1 lo Nov. 30...
Kan.C. Ft.fl.AMera.Nov.
Jan. 1 to Nov. 30...
July 1 to Nov. 30...
Kentucky Central. .HOct.
Jau. 1 to
Oct
31...
Keokuk A Westem.TINov.
Jan. 1 to Nov. 30...
L. Brie All. A South. UNov,
Jan. 1 to Nov. 30...
Lake.E. A West'rn.lINov..
Jan. 1 to Nov. 30...
Orou
.
1890.
41.543
311,328
34(1,675
Jan. I to Oct. 31..
146,650
150,350
July 1 to Oct 31..
111.603
142.985
CnUc. & Wnst MIcb.Nov
Jan. 1 to Nov. 30.. 1,470,118 1,263.860
378,560
382,762
Ciu.N.O.ATox.Pao.UNov
Jan. 1 to Nov. 30... 4,036,117 3,558.710
July 1 to Nov. 30... 1,946,002 1,810,121
113.678
Now Orl.A N'ea^t.HNov. 108.098
038.829
Jan. 1 to Nov. 30... 1.123,730
453.752
July I to Nov. 30...
476,533
72,733
67.724
AU1HUIW& Vlokg-ITNov,
540.177
612,950
Jan. 1 to Nov. 80....
274.634
July 1 to Nov. 30...
28^,017
70,662
Vloks. 81i. A PacUNov,
68,586
544,038
Jan. 1 to Nov. 30...
553,962
230,029
July 1 to Nov. 30...
233,075
61,568
Olev. Akron A Col. 1i Nov
74,568
678,833
Jan. 1 to Nov. 30...
780,738
332,710
July 1 to Nov. 30...
379,045
44,250
Clovpl'd A Canton. ..Nov
56.304
406,679
526.902
Jan. 1 to Nov. 30..
211,196
July 1 to Nov. 30...
280,529
Clev. Ciu.Ch.A8tL. Nov. 1,170.380 1,160,877
Jan. 1 to Nov. 30... 12,042,906 11.534,740
July 1 to Nov. 30... 5,712,186 5,501,283
2r>0,S0l
310.598
Col. II.VaI.ATol....Oct.
Jan. 1 to Oct 31... 2,501,142 2,073,151
123,574
Colorado Ml(llniul...Nov.
168,414
Jan. 1 to Nov. 30... 1,722,660 1,479,764
July 1 to Nov. 30...
805,944
689,565
Colorado Fuel Co... Nov.
July 1 to Nov. 30...
43,663
43,353
Day. Ft W. A ClilcHNov,
Jan. 1 to Nov. 30...
457,874
458,368
Denv. A R. Grande.UNov,
813,366
765,875
Jan. I to Nov. 30... 8,041,952 7,318,886
31,210
31,123
Det BayCitvA AL.Nov.
Jan. 1 to Nov. 30...
480,7J7
455,737
Dct. Lan.s. A North. Nov.
104,213
100,830
Jan. 1 to Nov. ,30... 1,121,273 1,038,470
Bast Tenn. Va.A Ga.Oct.
633,635
608.020
Jan. 1 to Oct 31... 5.503,767 4.673.424
July 1 to Oct 31... 2,379,759 2,009,245
Knoxv. A Ohio.. ..Oct.
69,446
53,641
Jan. 1 to Oct 31...
577,831
477,920
July 1 to Oct 31...
198,922
231,252
Total system
701,080
661,661
Oct.
Jan. 1 to Oct 31... 6,141,597 3.151,342
July 1 to Oct 31... 2,H31,010 2,268,167
Elgin JoUct A E...11N0V.
49,012
27,588
Jan. 1 to Nov. 30...
541,806
251,687
Empire A Dublin UNo v
3,162
1,333
Jan. 1 to Ni'V. 30...
32,991
12,289
July 1 to Nov. 30...
16,422
6,627
Flint A Fere M,irq.Nov.
215,699
187,130
Jan. 1 to Nov. 30... 2,674,133 2,159,826
Fla. Cent. A Penln.1TNov.
112,009
110,201
Jan. 1 to Nox'. 30... 1,069.312 1,010,149
July 1 to Nov. 30...
458,028
431,919
Georeia ER.1I.......Nov.
165.900
173.880
Jan. 1 to
30... 1,650,026 1,186,628
July 1 to Not. 30...
797,650
6J 1,077
Ga. Southern A Fla, H Nov.
71,842
35,878
Jan. 1 to Nov. 30...
671,689
290.220
July 1 to Nov 30...
350,646
168,434
Grand Rap. A Ind.HNov.
200,817
182,976
Jan. 1 to Nov. 30... 2,418,920 3,115,374
Total eystemir
Nov.
233,638
231,558
Jon. 1 to Nov. 30... 3,047,796 2,714,246
St. I.. Oct.
161
20,070
140,874
66,317
46,390
543.809
92,000
1,310,893
17,160
13J,()5l
61,570
41,101
340.361
1.M.330
1,231.315
636,000
23,000
270,000
74ti,502
lO-'.OOO
122.000
31,000
132.000
8S,000
21.000
113.000
87,000
17.713
171.833
90,671
10.257
133.300
73.026
413,777
20.000
144.000
78,01M)
2(i,000
71.0<I0
69,000
22,4.11
210.207
104,983
20,083
183,21.')
103,932
382,442
4,156,109
1,925,418
132.823
1,093,609
38.869
38.000
1»3,3.57
3,Ss(;,iH.')
l.ilf^'.i.K.B
123.085
87:), 430
31.474
581.599
477,604
283,556
233,130
33,810
29.239
122,802
133,365
8,947
10,104
99.880
84,239
314.081
332,329
3,349,782 3,018,106
10,322
11,309
220,807
201,929
23,478
43 641
364,327
291,408
181,992
201,309
1,577,602
1,890,473
710,108
24,396
171,343
69.099
200,388
8-13.442
14.121
177.802
68.161
278,430
1.748,943 2,074.276
780,108
931,603
12.593
7,301
196,414
43,374
745
535
17,034
6,396
8,653
3,315
65,406
37,910
792,081
684,361
3i,306
35,968
204.497
100.014
68,433
60,373
70,842
57.298
579,339
406,393
300,335
213,851
26,2SS
14,351
240,636
13.S,862
123,919
77,398
48,164
43,748
809,176
699,275
54,953
47,209
1,020,557
863,706
£
£
74,837
1,061,306
95,635
1.090,277
512,006
12,801
167.181
72,305
4,380
51,073
31.808
367,870
9
619,717
4,338,110
2,707,600
8,258
7,068 dcf.
759
98,310
94.370 dcf. 35,831
54,747
50,529 def. 14.015
197,612
188,979
78,843
2,077,370 1,820,926
469,433
1,204,851 1,037,405
340,078
78,0-<6
205,870
196,047
2,175.680 1.915,298
433,002
1,239,598 1,087.934
326,063
38,562
40,954
8,135
372,105
335,239
97.796
163,791
J 57,206
49,033
131,381
143.833
49,798
1,522,798 1,379,829
459,«y4
781,593
707,614
25.',989
52,947
61,594
13,733
495.929
486,088
118.0S2
183,880
196,058
17.390
30,730
23.486
9.312
166,881
135,283
50,314
413,468
425,180
130.013
4,410.904 4,359.859 1,250.442
2,060.116 2,127,283
599,212
116,.53«
116.038
55,795
909.742
874,261
400,277
34.567
33,258
13.660
337.923
318,409
114.644
4,627
5,555
525
61,866
57,468
10,307
246,641
233,180
112,252
2,794,704 2,583,187 1,136,111
18,141
16«.254
81,877
4,110
47,927
29.478
S
543,359
5,007.094
8,203,035
dcf. 5,634
def. 39,348
def. 31,964
54,060
481^,286
32.>,516
4S.376
41^.938
290,552
6.295
82,414
44,156
45.168
303,870
217,301
18.127
85.370
dot. 73
3.443
34,055
13,S.571
1,423.751
738.174
60.378
424,316
15,145
101.001
1,209
11.091
97.556
l,0OJ,H3
1800.
Eirningi.1889.
Bnnilt.
-iV«<
Earnlngi,— -»
1890.
$
Leh. A Uud. River. ITNov.
26,070
20.480
10,792
Jau. 1 to Not. 30...
321,813
248.347
128.080
July 1 to Nov. 80...
157,223
127,273
59,208
Utile Rock A Mem.HNov.
72,866
20,8S3
62,&80
lA>uisv. A Nashville. Nov. 1,675,766 1,505,416
613.814
Jan. 1 to Nov. 30...17,.509,3M2 10,357,243 0.540.3-14
JiUy 1 to Nov. 30... 8,382,330 8,065,104 3. 167,760
370,504
Loulsv. N. O. A Tex. Nov.
371,903
139,702
Jau. 1 to Nov. 30... 2.703,330 2,581. .306
508.724
38,636
38,146
17.2H8
Loui«v. St L. ATex..Oct.
1
to
31....
331,329
144,«22
Jan.
Oct
145,374
129,458
July 1 to Oct 31....
64.131
1880.
S
8,24.5
8^,.5a8
61.078
28.176
655,976
0.162,916
3,404,515
152,047
802,453
18,806
55,10'2
Meniph. ACha'st'n.^Nov.
167,660
Jan. 1 to Nov. 80... 1,660,J33
July 1 to Nov. 30...
801,658
166,007
33,894
40,372
410,224
1,545,002
458,036
734,203
221,978
233,863
.574,383
568,364
Mexican Central
Oct.
265,531
242,481
Jon. 1 to Oct 31.... 5,200,018 5,131,772 1,8 n. 200 2,283.100
329..591
202.098
80,119
Mexican National. ..Nov.
51.423
727,508
Jan. 1 to Nov. 30... 3,397,031 3,330,305
570,716
153,300
154.762
73,440
68.602
Minn. A St Louis.. UNov.
427.717
370.035
Jan. 1 to Nov. 30... 1,376.370 1,321,608
726,005
730,228
250,!>71
July 1 »o Nov. 30 ..
274.707
Mlnn.StP.AS.S.M.UNov.
197,882
200,025
76,689
95.484
Jau. 1 to Nov. 30... 1,851,7S4 1,473,172
608.389
526,628
347,202
300,265
148,579
Nash. Cliatt A St. L.Dec.
120,769
Jan. 1 to Dec. 31... 8.781.634 3,-505.725 1,524,175 1,425.038
July 1 to Dec. 31... 2,074,998 1,840,824
872,210
758,644
19,117
21.008
4,221
New OrleansAGulf.1[Nov.
4,026
138,373
Jau. 1 to Nov. 30...
160,111
11,893
20,036
2,514.425
Western.Nov
2.479,171
E.
A
840,615
903,553
N.Y. L.
Jan. 1 to Nov, 30... 26.824.005 25,324.162 8.786,506 8.657,083
Oct. 1 to Nov, 30... 5.227,163 5,284,173 1,838,960 2,013,873
506,715
491,348
177,312
191,347
N.Y. A New En?.. UNov.
Jan. 1 to Nov. 30... 5,516,346 6,177,238 1,869,847 1,753.181
36,636
45,131
5.566
3.7,50
N.Y. A Northern IT.. Nov.
474,492
538.983
88,338
119,617
Jan. 1 to Not. 30...
211,803
266.551
47,172
62,384
July 1 to Nov. 30...
214.001
174.759
23.124
49,111
N.Y. Ont. A West'n.aNov.
483,771
317,990
Jan. 1 to Nov. 30... 2,143,352 1,812,990
326.675
223,743July 1 to Nov. 30... 1.220,3^0 1,004,240
.'•3.664
1,30,048
124.237
62.659
N.Y. Susq. AWest.UDoc.
694,441
583,573
Jan. 1 to Dec. 31... 1,590,310 1,402,416
770,454
671,198
268,078
224,394
Norfolk A Western. 6Nov
Jan. 1 to Nov. 30... 6,865,897 5,820,336 2,513,309 2,016,769
536.141
528,151
134.931
166,780
Northern Central. ..Nov.
Jan. 1 to Nov. 30... 6,125,337 8,569.730 1,725,593 1,855,737
Nov. 2,599,311 2,226,731 1.246,186 1,006,000
Northern Pacific
Jan. 1 to Nov. 30. .22,121.472 20,140.316 9.099.473 8.674.231
July 1 to Nov. 30... 12,166,333 11,033.990 5,452,936 5,la7,331
437.743
157.429
419,686
191.928
Wisconsin Central.Nov.
Jan. 1 to Nov. 30... 4,838.443 3,912,518 1,793.032 1.417.327
1107.845
966,883
July 1 to Nov. 30... 2,489.037 2,130,032
Total both Co.'s.Nov 3.057,057 2.616,417 1.403,613 1,' 97,928
.14,635,393
13,184,043 6,419,8
6,005,176
July 1 to Nov. 30
60..'i33
328,603
361,838
118,187
OliloA Mississippi.. Nov.
Jon. 1 to Nov. 30... 3.809.433 3.723,604 1.079,038 1,116,093
377,783
698,229
July 1 to Nov. 30... 1,848,973 1,896.002
19,797
22,556
985
5,128
Ohio A Northweat'n.Oct.
Nov.
56.444
53,330
24,193
26,595
Ohio River
623.320
539,841
285,121
206,759
Jan. 1 to Nov. 30...
18,061
4,194
20,892
6,935
Ohio Valley of Ky..Oct.
191,693
132,904
60,876
Jan. 1 to Oct. 31...
'23,314
89.466
71,398
28,877
July 1 to Oct 31...
63.693
414,616
390,362
100,677
Oct.
Oregon Imp. Co
632,871
607.509
Jan. 1 to Oct 31.. 3,762,r,51 3,571,173
4,096.711
3,906.758
650,744
607,740
31..
1
Oct
Dec.
to
34,809
Penn.(E.ofP. AE.).Nov 5,059,867 5.492,800 2,136,635
Jan. 1 to Nov. 30. ..60,893.940 56,019,181 10,325.595 13.733,403
Inc.
Inc.
112.440
73,655
Lineswe3tofP.AE.Nov.
Inc. 1,413,946
Inc. 4,289,407
Jan. 1 to Nov. 30...
16.954
10,182
Nov.
39,331
36.371
PeteraburgU
429,124
186.182
118,722
488.459
Jan. 1 to Nov. 30...
74,100
60,077
201,323
176,537
July 1 to Nov. 30...
170,097
123,069
438,295
412,193
Philadelphia A Erie. Nov.
Jan. 1 to Nov. 30... 4,755,782 4,322,317 1,621,300 1.661.487
698.556
670.220
Phila. A Reading.. -ITNov. 1,893,787 1,710,230
Jan. 1 to Nov. 30. ..19,279,315 17,618,100 8,327,106 7,533,686
Dec. 1 to Nov. 30. ..20,931,487 19,018,012 8,992,905 8,100.022
15.6 J9
21.067
Inc.
Deo.
Pitts. C.C. AStL.UDeo..
402.505
Inc.
1,417,205
luo.
Jan. 1 to Dec. 31 ..
138.900
124,584
44,960
59.368
PittsliurfrA West'n .Oct.
504,419
476.430
Jau. 1 to Oct 31 .. 1.230,331 1.170,315
189,228
210.660
522,192
490,806
July 1 to Oct 31...
45,271
15,429
15.901
49,764
Oct.
PItto.Cle ve. A Tol
404,728
415,570
87,329
98,563
Jan. 1 to Oct 31...
172,179
42,790
47,631
170,717
July 1 to Oct 31...
23.831
4.516
30,478
6,278
Pitts. Paines. AF...Oct.
53.026
241,672
212.606
83,191
Jau. 1 to Oct 31...
100.443
22,088
108,001
33,754
July 1 to Oct. 31...
219,143
103,686
64.906
81,546
Oct.
Total system
646,803
658,180
Jan. 1 to Oct. 31... 1,876,734 1.828.487
763,427
254.106
303,043
800,912
July 1 to Oct 31...
9.103
82,111
01,810
21,848
Pitts. Youngs. A Ash. Dec.
496,642
387,689
Jan. 1 to Deo. 31... 1,371,375 1,144,978
11,088
11,400
6.911
8,220
Pres. A Ariz. Cent.fDec.
131,394
128,508
88.269
83,315
Jan. 1 to Dec. 31...
5.290
21,373
20.830
6,563
Quin. OmahaAK.C.ITNov.
230,319
2i5.279
71,273
64.843
Jan. 1 to Nov. 30...
5,803
10.046
23,775
25,597
Rich. A Peterab'g.UNov.
82,125
270.113
102.772
307,490
Jan. 1 to Nov. 31...
36,143
131,113
123,750
43,995
July 1 to Nov. 31...
.
a
. .
. . .
.
•
210.820
Rio Grande West'n.. Nov.
Jan. 1 to Not. 30... 1,744,320
137.129
1,373.082
717,836
937,874
July 1 to Nov. 30...
301,041
Rome Water. A Ofrd.UDec. 296,787
Jau. 1 to Deo. 31... 3.937,512 3.586,160
July 1 to Dec. 31... 2,066,023 2,010.237
7,514
8.838
Sag. Sus. A Huron. TTNov.
106.623
123,578
8tL.Alt A rH-bchsUNov.
Jan. 1 to Nov. 30... 1,211,484 1,006.1311
123,788
142,304
St. Paul A Duluth. UNov.
Jan. 1 to Nov. 80... 1.378.793 1,211.031
699,202
768,878
July 1 to Nov. 81...
.
61,557
97,212
573.117
393,674
(130.787
307,196
126,798
1,693,333
1,317,2.'>6
941,734
2,980
54,643
515,688
51,300
176.584
314.500
951,320
51'1.7,'H
1,563
57.436
439.130
30.178
339.014
238.72V
THE CHRONICLE.
162
— Gross Eamingt.
r-
Soarit.
Ban Fran. & N. Pac.Dec.
Am. & Mont.. ("Nov.
8aT.
Jan. 1 to Nov. 30...
fret Earnings.
1889.
1890.
$
$
$
44,431
756,893
423,301
18,946
133,513
77,548
7,738
250.776
183,460
20,686
166,155
102.570
19,000
134,400
66,001
540,351
293,749
July 1 to Nov. 30...
Sioux City & Noith.^Xor.
Jan. 1 to Nov. 30...
Bouth Carolina
TINov.
Jan. 1 to Nov. 30. . 1,406,203
712,890
July 1 to Nov. 30...
Boutliern Paciflc
—
/-
1889.
57.713
799,389
467,398
46,667
353,454
212,439
35.000
284,057
142,115
Jan. 1 to Dec. 31...
July 1 to Dee. 31...
,
1890.
139,292
1,234,382
607,609
.
64,327
340.280
213,793
Co.—
98,980
422,531
366,827
94,012
765,378
879,262
Jan. 1 to Nov. 30... 3,950,756 3,606,230
61,350
59,053
Louisiana Westn.lJNov.
107,388
108,191
544,422
425,062
993,592
Jan. 1 to Nov. 30... 1,072,794
633,684
605,416
285,383
239,989
Morgan'sLa.&TexUNov.
Jan. 1 to Nov. 30... 5,047,662 4,780,905 1,639,504 1,441,241
2.5,157
6,911
10,040
25,552
N.Y.Tex.&Mex.HNov.
10,649
202.901
170,375
6,630
Jan. 1 to Nov. 30...
102,293
180,206
169,648
86,731
Tex. & New Orl'nsTiNov.
817,551
622,324
Jan. 1 to Nov. 30... 1,735,697 1,566,976
512,652
532,090
TotalAtIantie.sys.T:Nov. 1,358,804 1,285.796
Jan. 1 to Nov. 30... 12,009,807 11,118,076 3,887,369 3,264,651
1,211,755
1,165,699
sy8tem..!;Nov.
3,008,466
2,840,257
Tot. Pac.
Jan. ItoNov. 30...32,181,494 31,522,349 12,130,436 11,628,143
Total of all.... UNov. 4,367,270 4,126,053 1,743,846 1,678,351
Jan. 1 to Nov. 30... 44,191,300 42,640,325 16,017,804 14,892,793
Sontbern Paciflc KK.—
176,308
Coaet(Nottli.)DlvTINov.
175,130
81,740
71,954
Jan. 1 to Nov. 30... 2,139,668 2,008,394 1,016,715
758,013
Bouthein Divis'nTINov.
537,580
491,724
206,250
178,103
Jan. 1 to Nov. 30... 5,950,568 5,611,392 2,070,726 1,758.918
Arizona Division <lNov.
176,810
177,286
67.436
77.527
Jan. 1 to Nov. 30... 1,850,209 1,708,435
650,101
571,013
90,936
82.483
44.107
Hew Mexico Div-TlNov.
42,710
957,589
865,523
4i8,665
Jan. 1 to Nov. 30...
347,517
Btatenl. RapidTr.lfNov.
65,963
54,476
12,927
4,622
278,011
Jan. 1 to Nov. 30...
946,778
876,489
333,782
JiUy 1 toNov. 30...
523,947
468,148
224,52 S
181, 5-H
Stony Clove& CM. UNov.
1,662
1,745
aef.630
clef. 122
Jan. 1 to Nov. 31...
51,869
49,080
19,862
19,847
BumraitBrancli.1I... Dec.
110,171
91,333
def.638 def. 7,920
Jan. 1 to Dec. 31... 1,123,754 1,190,954 def. 19,567
67,467
Lykens Valley... UDec.
75,354
83,849 def. 6,517 def. 5,422
Jan. 1 to Dec. 31...
955,566
921,183
10,002 def. 20,773
Total bothCo'8...irDec.
185,525
175,182 def.7,155def.l3,342
Jan. 1 to Dec. 31... 2,079,320 2,112,138
aef.9,565
46,694
TallaU. & Coosa V.HNov.
7,108
6,801
2,887
3,342
72,116
Jan. 1 to Nov. 30...
60,156
25,112
July 1 to Nov. 30...
32.766
27,176
12,087
13,038
Tenn. Coal & Iron Co. Dec
33,600
83,600
Jan. 1 to Oct. 31
715,400
563,400
Feb. 1 to Oct. 31
612,100
502,600
Tennessee Midl'd...TiNov.
24,189
19,918
10,478
7.768
Jan. 1 to Nov. 30...
193,764
171,112
50,612
46,339
July 1 to Nov. 30...
97,988
85,476
30,232
23,739
27,ii92
Toledo Col. &Cin..TlNov.
26,880
10,704
15,699
Jan. 1 to Nov. 30...
285.834
233,747
116,521
100,32H
July 1 to Nov. 30...
134,080
118,697
45,853
58,259
ffoledo&ObloCent.1INov.
132.781
120.646
33,095
52,630
Jan. 1 to Nov. 3<'... 1,36H,207 1,142,185
.509,180
439.194
July 1 to Nov. 30...
703,262
61'j,o40
238,229
261,179
Tol .& Obio C. Ext. UNov.
10.756
8,216
6.166
4,009
Jan. 1 to Nov. 30...
08,691
87,508
52,045
43,436
July 1 to Nov. 30...
4s, 193
42,278
26,047
20,722
Tol.Peorla&West.lTNov.
74,098
73,404
15,068
14,393
Jan. 1 to Nov. 30...
858.160
840,169
223,685
205,096
July 1 to Nov. 30...
410,955
412,830
115,053
102,011
inBter&Delawarci;.Sov.
26,749
31,237
10,003
15,484
Jan. 1 to Nov. 30...
346,247
309,661
134,037
135,565
tlnion Pacific—
Oreg. 8. L.&U.N.IINov.
671,698
586,525
200,936
249 190
Jan. 1 to Nov. 30... 6,881,911 5,958,939 2,346,552 2,668i094
Ore.By.&N. Co.rf.HNov.
558,551
455,520
178.511
216383
Jan. 1 to Nov. 31... 4,469,217 4,218,458
876,750 1,620.111
Un.Pac.D.&Gulf.TNov.
502,774
420,093
110,333
100 895
Jan. 1 to Nov. 30... 5.278,206 4,163,506 1,620,995 1,063,829
8t;.Jos.&Gd.l8l..1TNov.
72,981
129,473
5,716
53 571
Jan. 1 to Nov. 30... 1,190,726 1,108,434
360,006
378il71
All otbor lines
lINov. 2,187,121 2,130.900
674,836
6845.30
Jan. 1 to."Jov. 30... 22,03si,847 20,647,454 7,985,324 8,407|256
TotalUn.Pao.8y8. Nov. 3,993,124 3,722,510 1,170,332 1 334 57'>
Jan. 1 to Nov. 30... 39,852,908 38,096,791 13,189,627 14.137;468
Cent.Br.iLea8.L.«lNov.
61,522
90,752
def. 523
331 'i?
Jan. 1 to Nov. 30...
918,803
753,196
200,114
195;846
Totalcontrollcd..«;Nov. 4,054,646 3,813,263 1,169,809 1367 730
Jan. 1 to Nov. 30... 40,771. 800 36,849,987 13,389,740 14,333,309
Montana Union
Nov.
80,934
73,686
21,392
1,424
Jan. 1 to Nov. 30...
876,773
697,796
53,667 df. 105,761
Leav.Top.&S.W..1[Nov.
2,481
2.553 def. 4,332 def. 1 844
Jan. 1 to Nov. 30.
28,869
27,102 def. 49,398 def. 29,581
Han.Alma & Bur.TNov.
3,598
2,800
def. 653 def.2,448
Jan. 1 to Nov. 30..
35,277
30,847 def.8,3:J9 def. 11,660
Lines Jointlyowncd—
One-ball
""Nov.
48,006
.39.519
8.203 def. 1,424
^
Jan. 1 to Nov. 30...
470,459
877,872 def. 2,030 def 73,501
Grand total. ...INov. 4,102,653 3,852,782 1,178,012 1,366„306
Jan. 1 to ^ov. 30... 41,242,260 37,227,859 13,387,710
14,259808
Un.Stk.Yds.&T.Co.Nov..
244,355
2.33,792
164 S^B
Tsa'iRi
Jan. 1 toNov. 30.... 2,468,107 2,109,717 l,71i;089
1.352,301
101
Wabash
liNov. 1,076,891 1,140.439
258,897
337,805
Jan. 1 to Nov. 30. ..11,925,986 11,863,629 3,114,656
3,081,231
July 1 to Nov. 30... 5,850,181 6,153,350 1,736,898
1,976,778
West. N. Y. 4 Penn.Nov.
293,533
288,034
89,081
74,564
Jan. 1 to Nov. 30... 3,310,731 3,169,634 1,099,012
626,642
July 1 to Nov. 30... 1,608,891 1,66.5,435
549,803
358,277
WestJci-sey
INov.
114,478
102,695
35,078
11,097
Jan. 1 to Nov. 30... 1,525,412 1,423,171
475,703
412,301
W.Va.Cent.ilcPltt«.1IDec.
85,502
68,0.59
24,166
21,426
Jan, X to Dec. 31...
981,196
759,127
325,639
240,337
.
1
Gross Earnings.
1890.
1889.
.
$
6,485
249,226
162,196
9,648
53,908
36,082
Gal.Har.& S.AutHNov.
[Vol. Lll.
$
HgclcIs
£
& Lake Erie. UNov. ' 94,449
Jan. 1 to Nov. 30... 1,067,908
S
81,707
829,336
406,395
37,555
432,977
212,619
17,712
152.359
69,247
9,039
82,540
41,337
7,018
73,517
37,418
det.3,540
26.819
Whitebr'st FuclCo.Nov
Jan. 1 toNov. 30
July 1 to Nov. .30
Wiight8.& Tennllle.lTNov.
Jan. 1 to Nov. 30...
July 1 to Nov. 30...
-.
!&
516,857
Wlieel.
July 1 to Nov. 30...
—
Net Earnings,
1890.
1889.
.
10,138
31,838
319.574
162,845
14,078
97,766
54.434
2,593
def. 2,059
16,043
A paragrapb mark
added after tbe name of a road indicates tbat
the figures for tbat road have not previously been given, bat appear
II
for the first time in this is.sue.
a From July 1 iucludes Utica Clinton &: Blng. iu both years. 6 Includes in both years Scioto Valley Div. from Feb. i aud Maryland
Washington Div. (Shenandoah ValUey from Oct. 1. e This excludes
boats iu 1889. d Earnings include rail lines only, not the water routes.
* New Brunswick earnings included since Sept. 1 in both years.
§ Main line only,
t December, 1890, estimated.
&
ANNUAL REPORTS.
New York
CFor
&
Ontario
the year ending
Western.
June
30, 1890.
/I
The annual reports of Mr. Thomas P. Fowler, President of
this company, and that of Mr. J. E. Childs, General Manager,
are given at length on subsequent pages. The traflBo and
earninKs statistics for two years, and balance sheet as of June
30, 1890, are compiled for the Cheoniclk as follows:
OPERATIOKS AND FISCAL RESULTS
typcrations
1888-89.
1889-90.
424
424
".
Miles operated
—
Passengers carried number
Passengers carried one mile
Earnings per passenger per mile
Total freight carried, tons
Total tons freight .carried one mile
Earnings per tou permlle
Earnings
Passengers
Freight
628,494
31,781,378
1-609 c.
850,235
82,311,943
1-3650.
—
Mail, express,
1-861 c.
955,558
103,883,353
1-241 c.
$511,304
$537,442
1,123,776
81,001
24,632
1,288,723
91,110
26,481
.$1,740,713
$1,963,756
&c
Miscellaneous
Total
647,811
29,952,249
Operatiny expenses—
Conducting transportation
Motive power
$482,921
451,173
129,926
275,085
83,831
96,079
74,984
M aintenance
of cars
Maintenance of way
General expenses
Miscellaneous expenses
Taxes
Total operating expenses and taxes. .
Balance, net earnings
Per cent operating expenses to earnings.
$1 ,472,862
$1,593,999
$369,757
81-17
$267,851
84-61
INCOME ACCOUNT.
Becetpts—
Net earnings
Profit on U. C. B. and R.
& C.
roads..
Total
IHsburscmcnts
—
on 1st mortgage bonds
Miscellaneous interest and rliscouut.
Interest
Rentals
Loss onU. C. B. and K.
&
1888-89.
1889-90.
$267,851
2,275
$369,755
$270,126
',757
$192,000
$203,000
14,282
1,197
4,212
3,750
12.353
$207,479
$62,647
*223,315
$146,412
C. roads...
'
. .
11
.
Total
Balance, surplus
GE.VKRAL B.ir.ANCB SHEET JUNE 30, 1890.
Assets.
Franchises aud property
Investments iu other companies.
Cash at bankers
Stores, fuel, etc..
$63,,497,733 18
3 ,07 ,530 00
48.9-34 34
1
on hand
Sundry outstanding accounts due to the compauy
OutstantUug trafiic accounts due to the company
Balance of deterred payment of $140,000 due from
the New York Central & Uudson River BR. Co..
under agreement January 18, 1888, iu settlement of
West Shore account
Loans secured by mortgages
163,070 59
J^37,068 03
34,031 83
29,500 00
203,218 23
1 .70S 52
7,500 00
•
Bills receivable
Steam shovels
$67,194,794 72
Total assets
LiabilitUs.
Common
$58,113 ,982 84
stock
Preferred "
First mortgage 6 p. c.bonds
Consol. 1st mort. 5. p. 0. bonds
Revenue balance
;
Coupons due not presented for payment, and coupon
iiiterest and taxes accrued but not due, etc
Sundry outstanding accounts due by the company
Outstanding
traftic
accounts due by the
Company
Wages for mouth of June
Loans and bills payable
Wharton Valley R'y construction fund, balance.
Hancock & Pa. RR.
Profit
and
Total
loss
"
"
'.
'-
6,,000
3.444, 000
3,500 ,000
356,,302
00
00
00
04
103, 137
463,,523
108.,720
101, 204
485 ,136
58.,301
154, 959
319 ,326
41
83
12
73
44
21
31
77
$67,194,794 72
liabilities
Lehigli Valley Railroad.
("For the year ending Nov. 30, 1890.^
The annual meeting was held this week in Philadelphia,
and the following were elected President— Elisha P. Wilbur.
Directors— Charles Hartshome, William L. Conyngliam, Ario
Pardee, William A. Ingham, Robert H. Sayre, James I.
Blakslee, John R. Fell, Robert A. Lamberton, John B. Garrett,
Charles O. Skeer, Calvin Pardee, George C. Thomas.
The report, in pamphlet form, is not yet issued, but from
the summary in ihe Philadelphia Evenivg 1 el egraph the extracts following are taken.
:
January
THE CHRONICLE.
34. 1861.]
its
own
collierie.s,
operations of the Uichmond
Danville Railroad
including therein the lines leased for fixed rental*,
lave resulted in natisfactory increase of botli gross and nee
revenue.
"Upon the several short lines, leased under guarantee of
bonds by endorsement, the net results have not equaled the
charges, but there is every indication that these lines will not
long continue as even an apparent charge appa the company,
while the results of their contributed traffic is most impor"^
•
»
»
tant."
"Upon tlie Oeorgia Pari fie Railway the results have been <li«appointing. In August, 1889, the extension from Columbus,
Miss., to the Mississippi River at Greenville, was oi>ened for
operation. Tlie character of the soil, of which a large mileage
of the extension was constructed, has entailed great (expense
in maintenance, and the development of traffic upon the extension has not been as rapid as anticipated. Certain adverse
conditions have preventea the introduction of Alabama coal
upon the Mississippi River, which, when accomplished, will
prove a valuable tonnage. In the spring of this year the overflow of the Mississippi River broke the line and paralyzed business for months and entailed costly repairs."
The operations of the roads owned and controlled for tiie
year ending June 30, 1890, were as follows:
f>r(>i)or,
while
the shinmentj* of coal from private mines increased in a double
ratio, tlie ro|«)rt says that the nolioy of the company haa
always been to encourage development by private parties,
and in a threat de;j;ree reserve their own lands.
On the suhjwt of the coal lands owned and operated jointly
by the milroad and coal companies the report says:
The iwrenfte of aiitUniclte ooal lands owned and controllort iindor
lenoe liy the railroad and coal companies, not InclndlnK the Treverton
and »now Shoo promirties, and not IncludlnK that belouKlnK to other
couipanlen In whieu we arc IntercBtcd through ownernhlii of stock
therein. Is about 5.">,000 acres, nearly all of which U within the coal
measures.
Notwithstanding the fact that durlntr the spring and early Hummer
uionthH the total shipments of anthracite coal from all rcKiouH are from
1,5(K).IK10 tons t« 'i,i (X).()Ot) tons per month loss tliau they are
during the autumn, when the demand for domestic sizes Is greatest,
there Is necessarily an accuuMilaliou of prepared ^lzes, due to the tact
that the market for manufacturers' coal, which is nearly nnlfonn
throughout tlie year, can only be supplied liy producers at the same
time as the unsalable sizes, which must be temporarily stored.
This Is done by ua at Perth Amboy, where we nave a storage ca|)aalty
of 205,(M)() ton», and to a less extent at ButTalo. Owing to the value of
lands and cost of st<U'agc facilities at tide-shipping iioiuts. a large tract
of land has been procured at 8outh PlainHeld, X. .1., adjacent to our
tracks at the Junction of the Easton & Amboy line leading to Perth
Amboy with our new line leading to New York Harbor. This tract is
to be used as a depot for the temporary storage of coal in transit
through the Stiitc of New Jersey.
The lines lease:i and operated in New York State have been consolidated under the title of the Lehigh Valley Railway Company. On this
point the rejiort says
The Geneva & Sayre Railroad Company, the Geneva & Van
Ettenvillc Railway Comi)any, the Bnffalo «fe Geneva Railway Company, the Auburn & Ithaca Railway Company and the Lehigh Valley
Railway Company ha\e been consolidated uuder the title of the Lehigh Valley Railway Company, and that company has now under contract the line between ButValo and Geneva and an additional line from
Geneva to Van Ettenvillc. It is hoped that the whole line will be
completed and rea<ly for traffic within the current year.
In onlcr to pay for the expenditures already made, and to provide
sufflcieut funds for the new work now under operation, a mortgage
upon the plant of the reorganized comi>any in the State of New
York— the Lehigh Valley Railway Company— was created for $15,000,OOO for the securing of tliat amount of bonds at 4^2 per cent per
annum iutcrcat; the said bonds rumiing for Hfty years from July 1,
1890. Of these bonds $<J,300,000 have been already sold, after having
been guaranteed by our company. No interest matured upon them
during our last fiscal year, but it will hereafter appear in our accounts.
KICUHOND Jt DANVILI.K.
leased lines at fixed rentals, total
Oro^B earnings, including interest on investments:
and
Net earnings
Leases, fixed charges, sinking lands
1888-9.
$8,647,464
4,309,819
1,839,729
$750,863
surplus a dividend of 10 per cent was paid on
the stock, absorbing $500,000. The roads leased, of which
bonds are guaranteed by endorsement, showed a net deflcit
for the year of $154,709.
ROADS CNDEB OPERATING LEASES (1,987 HILKS.)
Orois
Net
Fixed
Surplus or
From which
Earningt.
Otherroads
Income from investments and other sources
Total
Cost of operation,
leased lines
inclading
rentals
1,704,013
$16,649,056
$17,432,007
:)04,636
11,393,475
11,951,771
Netrevenuc
$5,255,580
Against which there has been charged:
General expenses, interest on floatiugdebt,
taxes, loss on Morris Canal, etc
$945,768
Interest on bonds (Including interest on
guaranteed bonds and stocks)
2,168,571
Dividends on preferred and common stocks
2,018,201
$5,480,236
$5,132,541
$5,372,748
$123,039
$694,258
2,651 ,120
2,027,370
$107,48
Richmond & Danville Railroad.
^For
the year ending June 30, 1890.^
year of this company has been changed to ends
with the Grovernment fiscal year on June 80.
The President, Mr. John H. Inman says in his report
The physical condition of the various roads of the system
has been greatly improved during the year by replacement of
rails, substitution of iron for wooden bridges, removal of temporary trestles, ballasting of roadway, increase of sidings,
improvement of buildings, and in other particulars, as shown
in detail by the report of the (General Manager.
The
fiscal
,
'
Deflcit.
743,053
243,130
305,167
276,050
714,517
40,733
1
21,961
+7.177
—12,690
;
2.050
—499.010
+ 1,205
6,853,481 1,843,351 2,322,667 —479,315
30, 1890.
A ssets.
cost of road and property
'Betterments Atlanta & Charlotte Air Line
To
of
Leaving to be added to the credit of the
profit and loss account
Oharget.
$
765,005
250,308
292,476
278,110
215,507
41,943
GENERAL ACCOUNT JDNE
.5,218,205
160,762
1,545,912
171,428
Total
1889-90.
1,954,048
157,245
Earnings.
9
Virginia Midland
2,274,383
Western North Carolina...
889,938
9I2,.560
Charlotte Col. & Aug
Columbia & Greenville....
842,231
1,762,938
Georgia Pacitic
$8,093,860
145,;i67
$2,489,261
1,738,307
and taxes
Surplus
Speakinc of the proposed terminal at Ea.ston, Pa., to connect with
the tracks of the Easton & Northern Railroad now operated by the
Bangor St. I'oit'land Road, the reiK>rt says that on account of the opposition raised by the ciUzcns of Easton, a connection outside the city
limits is now nuder consideration.
The report mentions among many extensions and improvements, the following:
Work has iilso progressed upon the line eastward from Roselle, and
the road is now completed to a connection at Newark with the Pennsylvania Railroad, and wUl be ready tor operation before February
1st, 18H1. This reduces our distance between South Plainfleld and
New York City between foiu- and five miles. Steady jwogress is being
made with the extension across Newark Bay to a connection with the
National Docks Railroad, in which wo have purchased an interest, and
which is now in operation between a connection with the Pennsylvania
Railroad at Point of Rocks and Commuiiipaw Avenue in Jersey City.
An extension under the title of the Bergen Neck Railroad to Constable's Hook, with it'* large and growing industries, is now under construction; this will give us a road about six miles in length parallel
with and contiguous to New York Bay. Ample property has been secured to provide facilities for any increase in our miscellaneous freight
business, anil for shipment of coal for the supply of the city and harbor of > ew York, at a consiserable reduction In cost from our present
route via Perth Amboy.
The operations of the whole system for the past two years
have resulted as follow b:
Earnings.
751 miles
$5,600,712
3,111,451
Its
Operating expenses
$1 1,971,290
ER
1,183,846
5,036,674
4,109,097
225,185
327,746
275,878
191,851
623,937
352,951
619,647
679,738
Securities
.
From coal
From miscellaneous freight
From passengers
From exrresa and mall
From other Items
&
"The
The result ot tlio j-ear's busincsB, nftor doductiaj; exponaeti
of every dfeicription, shows a small profit. The cotupany
pav«, in a(l(iition to royalties upon coal iiiineil from InniUi
leauetl to it, 'i'i centM per ton on coal miiioil frotn \t» own
lands ami 1") oi'nts por ton tor iuiprovemont deiireciation,
which ia applied to the reduction of the cost of bucIj lands on
the books of the company.
Alludiux to a decrease of nearly 100,000 tons yearly during
the piust three years in the amount of coal shipped by the
LehiKh Valley Coal Company from
1«3
Advances to leased lines
Coupon agencies and trust companies
,
Bills receivable
Balances due from connecting lines
"
"
"
agents
"
"
"
individuals and companies
Miscellaneous assets
Materials, rail, fuel, cross-ties, etc., on hand
Cash
Total assets
$25,,597,847
Liabilities.
By
capital stock
$5,,000,000
Bonds
13 ,461,160
1,,220,985
payable
Accounts payable
Bills
Pay rolls
Wages uncalled
for
Miscellaneous liabilities
Coupon and rentals (R. & D.) accrued but not due
Coupon .and rentals (leased lines) accrued but not due..
Coupon and rentals (leased lines) due but unpaid
Coupons and dividends due but uncalled for
Profit and loss
Total liabilities
•
For which the R.
company.
702,567
467,323
42,060
551,138
120,438
349,972
639,146
270,975
2,,772,079
$25,597,847
&
D.
is
entitled to receive $1,000,000 in securities
of that
Edison General Electric Company.
fFor the year ending October 31, 1890^.
The report of Mr. Henry Villard, President, states tiiat the
board decided, after mature deliberation, to bring about a
unification of a!l the allied manufacturing corporations and
selling agencies, of which this company owned or was able
by taking over their respective assets
thus carrying out a practical consolidation of
the corporations and transferring to this company the absolute
ownership of aU the property heretofore vested in them. It
further determined that the entire business of manufacturing,
selling and installing should be conducted in the general company's own name, through its own employees. The Edison
Electric Light Company was excepted from this arrangement,
and it remains an active, independent body, in all respects.
The autonomy of the Sprague Company, which owns valuable
f)atent3, was also preserved, although all its other assets and
labilities have been taken over by the Gieneral Comj|any. The
new organization went into effect on August 1, The United
States and Canada were divided into eight geographical districts, each in charge of a district manager.
" The exjtectation of an increase of business, expressed in
the last annual report, was fulfilled much earlier and on a
larger scale than was anticipated, and it became necessary to
provide for a corresponding enlargement of our manufacturing
plants and for additional working capital. For these purposes your board disposed of the unissued capital stock of the
company and the Sprague Electric Railway & Motor Co,
to acquire all the stock,
and
liabilities,
;
THE CHRONICLE.
3164
Liabilities.
borrowed $3,000,000, for the payment of which the lenaershave agreed to take stock of the General Company."
A special meeting of the stockholders was held immediately
after the annual meeting, and approved the recommendation
of the board
creased from
increase will
loan, and the
[Vol. Lil.
Allowance for deprecLatlon (for the fiscal year ending October 31, 1890, G"* per centon all manufacturing plants)
Mortgages on real estate
Capital stock
Capital stock held in trust by
that the capital stock of the company be mtwelve to fifteen millions. Two millions of this
be used in liquidation of the above-mentioned
remaining one million reserved to meet future
$266,071
200,000
$9,370,700
the Farmers'
Loan & Trust Co
2,47j^.700
Outstanding notes payable in stock at par
2,000,000
13,?19,400
payable
Accounts payable
1,776,752
Bills
671,075
requirements.
2.447,828
"As the net earnings of the past year exceed 8 per cent Profit and loss, surplus carried forward October 31, 1890. 1 ,195,533
under
created
trust
the
company,
the
of
stock
total
on the
Total Uabilities
$17,958,852
three certain agreements with the Farmers' Loan &
Trust Company has reached its termination, and the stock
* This balance sheet includes all assets and shows every lial ility of
heretofore held thereunder becomes entitled to rate equally in
participate the corporation's entire business, viz.: of the general olHce, of all
all respects with all other outstanding stock, and to
works,
and of all district olBces.
in all dividends hereafter paid, including the 3 per cent payable February 1, 1891." * »
^ ^
"As an illustration of the magnitude of the business of the
company, It mav be stated that there are about six thousand
employees on its pay rolls, and that the transactions of the past
bill has been introduced in the Maine
year represented an aggregate of §10,000,000.
IJoston & Maine.—
" The new fiscal year opens with sufficient orders on hand, Legislature authorizing the Boston & Maine Railroad to infacilmanufacturing
notwithstanding the enlargement of our
crease its capital stock §5,000,000, the proceeds to be devoted
ities, to keep the works fully employed for the next six
to providing additional property and equipment for the road,
their
increased
that
indication
months: and there is every
to construct additional railroads, and the payment and reducthe
year,
throughout
as
utmost
the
capacitv will be taxed to
tion of debts.
more
the
great
and
more
realize
the public is beginning to
Bradford Bordell & Kiiizna.— This road was on Monday
of
application
elecfrom
the
resulting
profits
advantages and
placed in the hands of a receiver, in furtherance of a plan to
transportation
and
industrial
domestic,
power
to
and
tric light
consolidate all of the Erie's narrow-guage interests.
purposes. In the special field in which none of our comCalled Bonds. The following bonds have been called for
distribution
the
of
viz
remotely,
even
us
approach
petitors
payment:
light and power from large central stations, a great developWestern Union Telegraph sterling 6 per cent bonds of 1875,
ment is taking place. In New York City a station, with a
redeemed by Morton, Rose& Co., Lonmaximum capacity of 200.000 lights, the largest in this due March 1, 1900, to bewhen
interest will cease six bonds of
countrv. is being erected by the local company, and new sta- don, on March 1, 1891,
tions of large capacity are going up in Brooklyn, Chicago, £100 each viz.: Nos. 38, 116, 1-53,260, 316, 533, and seven
each
viz.:
bonds
of
£300
Nos.
94, 130, 304, 205, 453, 463, 553.
Milwaukee and Cincinnati." * *
Chicago City Bonds. The City Council has adopted an or"According to the official record, there were in operation on
November 1, 1890, within the territory of the United States dinance substituting 4 per cent city bonds for the SJ^s. which
and the Dominion of Canada, large and small Edison stations have proved unsalable. The issue aggregates nearly 81,300,representing an aggregate capacity of 1,371.000 lamps. In 000.
the railway department tliere was also greatly increased acChicago Gas. A press dispatch from Chicago, Jan. 21, said:
The Sprague car motors sold in 1889-90 represent an The Chicago Gas Trust will ask the Court to appoint a trustee
tivity.
generators
(dyna- to take up the stock of the Trust. An attempt
aggregate of 27,679 horse-power, and the
has been made to
mos for traction current) 23,836 horse-power, as compared reorganize the Trust and transfer the stock of the old company
generators
and
of
horse-power
7.665
with motors of 10,680
to the new one, but the attorneys for the Trust have not been
horse-power in 1888-89." * *
able to devise a plan of reorganization that will be satisfactory;
" There was expended during the year a total of $949,374
so they have decided to wipe out the old Trust entirely and
for new buildings, new machinery and other additions to the •take up the stock under the direction of the Court,
permanent plants. Of this amount §777,753 was invested in
Cincinnati Wabash & Michigan.— The directors have
the works at Schenectady, and includes the cost of buildings
and a portion of machinery for an entirely new branch of passed a resolution authorizing the President to call a meetstockholders for February 35, 1891, at Elkhart, Ind., to
business, the manufacture of underground cables, under the ing of
patents of the well-known firm of Messrs. Siemens & Halske, vote upon a proposition to issue $1,500,000 6 per cent bonds,
of Berlin, Germany, from which large profits are expected. for the purpose of paying off the indebtedness of the road, the
The new investments have more than doubled the capacity of cost of the extension to Rushville, and increase of facilities.
Covington t Macon.— meeting of the bondholders of this
the Schenectady works."
According to the balance sheet and profit and loss account company was held in Baltimore to consider a proposition for
the gross profits of the business during the year, after deduct- the permanent lease of the road by the Central Railroad and
ing $266,071 set aside for depreciation of the plants of the Banking Company of Georgia. It is a proposal to leise the
several works and $306,679 for general expenses, without in- Covington & Macon at a rental equal to 4 per cent interest
cluding the royalties received by the EJison Electric Light upon a 99 year mortgage to be issued. The lessees offer to
Company, amounted to §1,896,177.
guarantee interest on the new 4 per cents in lieu of the prinThe General Company owns practically all the capital cipal and overdue 6 per cent interest to Sept. 1,1890, on the
stock of the Edison Electric Light Company, and therefore its present first mortgage, as well as upon a proposed issue of at
profits may be considered as part of the General Company's re- least $300,000, for which the first mortgage bondholders are to
sources. From the statement of the Light Company it appears subscribe at 82j4 and interest. No definite action was taken
that its net receipts during the fiscal year were $1,033,011 in and it was decided to meet again in two weeks.
cash and stocks and bonds of licensed local companies. In
Dayton Ft. Wayne & Chicago.— The Cincinnati Hamilton
accordance with the policy which the Light Company has & Dayton Railroad has purchased the
Dayton Ft. Wayne
always pursued, this sum, together with stocks and bonds Chicago Road at public auction for
$1;453,384, including both
formerly acquired, is held in its treasury undistributed.
the fronton and the Delphos divisions.
" At the close of the prerious fiscal year there remained a
Edison General Electric Co.—The annual meeting of stockbalance of $679,401 to ttie credit of profit and loss on the general company's txjoks.
The gross profits of the General Com- holders was held at the offices of the company, No. 42 Broad
pany during the year under review bring the total up to Street, and the following trustees were elected: C. H. Coster,
From this there have been deducted $206,679 for Jas. B. Williams, Thomas A. Edison, J. H. Herrick, Samuel
$3,782,257.
general exiienses; $100,000 charged off against patents; §614,711 Insull, Edward H. Johnson, A. Marcus, Carl Schurz, Francis
charged off against cost of acquisition of stocks of sub-com- S. Smithers, Henry Villard and J. Hood Wright, the only
panies whose business has been consolidated into this com- change being in the substiution of Mr. Williams for Mr.
pany; and $665,314 for dividends distributed; after which Joseph S. Decker.
It was resolved to increase the capital stock from $13,000,000
there remains $1,195,558 carried into the new year at the credit
The trustees re-elected the same officers,
of profit and loss. This sum does not include the business of to §15,000,000.
namely: Henry Viilard, President; J. H. Herrick. Vice-Presithe Light Company as above set forth.
dent; Samuel Insull, Second Vice-President; A. Marcus, SecOESERAL BALANCE SHEET OCTOBEB 31, lSf»0.*
retary; F. S. Hastings, Treasurer and Assistant Secretary; A.
Assets.
Mnniifiu'turlni: plutitu
$4,085,160 S. Beves, Assistant Treasurer; Joseph P. Ord, Comptroller.
Paiei.lB (on tiii'.iiii(a<!tiii'ing iirocosscs)
236,243
Kcul e«tnti> 'im Broiid Htropf. Now York City)
Lake Erie Alliance & Southern.— This railroad, 24 miles
264,332
Capltnl KtiM^k uf ICdlsdii lilectric Light Co
4,343,050 long, and running from Alliance, Ohio, to Phalanx, on the New
fintirc capital stock of Hiiranuc Klcctrie Bailwajr & Motor
York Pennsylvania & Ohio Railroad, has been sold under
Co. (re|)ici*eiilln),' Spruiruc patents)
680,000 foreclosure to its principal
Sundry ntoAn and bonds (of various loo.il elsctrfc lUumlbondholders for §100,000.
natlug and electric street railway companies)
398,078
Mobile & Ohio.—The following is a comparative statement
£"''
f434.,=i«2
v;
of the earnings, expenses and surplus for the six months endBills receivable
983,S0.5
Account!! receivable
ing December 31
2.200,675
.
GENERAL INVESTMENT NEWS.
A
—
,
—
—
—
A
&
1
'
''
Work
In progress (cent to date of all labor, maon uncompleted installations)
$1,266,173
Materials and supplies (on hand and in process
of mnnufncture)
3,006 7''9
3,619,063
Earnings from 687-16 miles
tcrlal. etc..
—
TotuiOMetl.
4,272,903
.$17,958,852
Miscellaneous
$1,471,214
106,881
$1,703,107
141,500
Tctil revenue
Operating exiwnses
Ta.xcs and insurance
$1,378,098
$961,518
49,200
$1,109,5.50
$1,010,718
$1,162,750
Total
$1,846,608
53,200
JancaUV
IHK (^HKOMLLK
24, ]89l.]
1880.
AfldlUolu and ImproveauHtt.
CoiintnuMlon nooount
New
faS.loa
6P,808
1890.
f'M,iHl
77,781
»1,0»8,77'.'
$1,200,983
»479,3-i8
$085,824
cqulimioiit account
Total cxiwiidltures
Net
eiirplim
Marietta & North Georgia.— Mr. J. B. Glover has been
appointed tpinpornry receiver for the Marietta & North
Georgia Railroad, pendinK the hearing of an application for a
{ermiiucnt receiver, which is set for .January 81.
New Bonds and Stocks Anthorized or Offered.— Following
is a list of new issues of securities now offered for eale, or
soon to be offered:
STATES. crrrES, counties, &c.
POLTNKT T (WNHiiir, Ohio.—*40,000 road 5 per cent bonds, due March
to
1, l'J(H>
Hc)>t<'iiilii'r
AMERICAN LOAN
TRUST COMPANY.
June 30. 1 890. Dee. 3 1
Bonds and mortgages
Stock tnvostioeniH (market value)
Amount loaned on collaterals
Amount loaned on personal securities
Cash on baud and on deposit
Total
RAILROAD AND MISCELLANEOUS COMPANIES.
be received tlU Jan. 31.
Nkw Vork
Belting & Packing CoMrANT.-*6.'>4,750 Ist mort. 6 per
cent debentures. .$4(i0.750 preferred and $339,500 common
Btoek, are olTercd (or subsrription. Full particulars of these iMues
win be found lu our advertising columns to-day.
New York Ontario & Western—At the annual meeting of
this company held on the 2l8t Inst, the following board of directors was elected by over 400,000 shares of stock represented
at the meeting, viz Thomas P. Fowler, Joseph Price, Samuel
Barton, Francis R. Culbert, John Greenough, Richard Irvin,
William H. Paulding, H. Pearson, Albert 8. Roe, Charles J.
Mr. Julien L.
Russell, E. K. Sibley, Charles S. Whelan.
Myers, having resigned, John B. Kerr was elected to fill the
vacancy. This company having adopted the plan of an independent audit, Mr. E. H. Sewell, of the firm of Barrow, Wade,
Guthrie
Company, was re-elected Auditor for the ensuing
year, and his certificate was given covering the period of the
annual report submitted at this meeting, which will be found
elsewhere.
resolution was adopted that the annual meeting
be changed to.the last Wednesday in September. Also the
following
Rcsoltrd, that the board of directors of this company be, and they
;
&
A
are hereby, requested at the earliest practicable moment to consider,
formulate and present, for the approval of the stoclsholders, a plan for
the re-urraiiKeiueut of the capital stock of the company ."lud its classlfloation into preferred and common shares, together with such plan,
for future capital requirements of the company, la connection with
its rapidly-increasing tratSc and revenues, as to the board may seem
proper and expedieut.
Dciioaits lu trust
(leneral deposits, payable
Other
CD demand
liabilities
Supplementary.
Interest and profits received Inst 6 months.
Interest credited depositors. Slime period..
Expense'^ of institution, same period
Deposits on which interest Is allowed
Rate of interest on same
I'oughkeepsie Bridge Bonds.— From Philadelphia comes the
statement that a majority of the holders of Poughkeepsie
Bridge bonds have assented to the proposed interest-funding
scheme. It is proposed to issue a species of debenture bonds
covering the interest for the next two years, to be taken by
the bondholders in lieu of their coupons, and to be redeemable
with interest thereon at any time in the next ten years.
Texas Central. A notice of the sale of this railroad in foreclosure will be found in the advertising columns of the
Chronicle.
—
Toledo
Ann Arbor
a statement of
Other assets
Total
Gross earnings for year
Net earnlngsDec., 1890 (estimated).
Fixed charges
Surplus
Tntnaae.
$.328,101
294,800
$424,094
333,000
$120,010
$95,999
40,200
$33,301
$89,094
55,906
Toledo* Ohio Central— Kanawha & Michigan— The stock-
& Ohio Central Railway Co. will hold a
meeting on February 18th for the purpose of taking
action upon a proposition to increase the common capital
holders of the Toledo
special
116,099-
$4,879,136
$3,947i218
$1,000,00,1
190,.531
$1,000,000
71,401
3,492,907
219,.'i07
12-1,236
76,478
2,509,173
142,060
$4,979,136
$3,947,218
$1 15,238
45.825
29,638
3,258,150
$90,924
2,25.j,5i>0
l>3to4
I>sto4
42.0 .'O
26,234
3 1,1890.
!>«:.
$294,499
42 1 ,000
$301,999
412,000
e,457,0i>ii
T,37.'>,204
508,390
65,064
533,286
75,106
$9,745,956
$8,697,596
$500,000
500,000
449,101
268,868
8,006,987
21,000
$500,000
500,000
490.174
93,585
7.091,037
22,500
$9,745,956
$8,697,596
$261,778
110,804
$2$0.290
114,279
33,042
Liabilitiet.
Capital stock poidln
Sui-plusfund
Undivided profits
Deposits lu trust
General deposits, payable on
Other liabilities
demand
Total
Supplcmfniary.
Interest and profits received last 6 months..
Interest credited depositors, same period.
ExiJCnses of iQstitutlon, same period
Dividends on capital stock, same period
Deposits on which interest Is allowed
Bate of interest on same
.
21.<i03
30,000
7,519,753
.30,000
3,040,000
2 to 4
l>9to4
BROOKLYN TRUST COMPANY (BROOKLYN.)
Retourcet.
/Kn« 30,1890. Dw. 31.1890.
Bonds and mortgages
Surplus fund
Deposits intrust
Oeneral deposits, payable on
$201..500
2,284,040
9,7-29,904
150,000
293,000
80,541
demand
Other 11 ibilities
Total
Supplementary.
Amount of debts guar, and liability thereon.
Interest and profits received last 6 months.
Interest credited dopositorB. same period ..
Expenses of iustitution same period
Dividends on capital stock, same period
Deposit^ ou which luterest is allowed
Bate of Interest on same
$2,186,925
8,5y2,719
256,336
150,000
393,827
52,211
$12,750,520
$11,636,167
$1,000,000
$1,000,000
1,2.32.751
1,281, 5S5
887.219
9,534,272
96,278
497,522
8,779.130
37,769
$12,750,520
$11,636,166
S8.700
314,769
141,83-.J
$352,058
139.246
28,703
80,000
10,401,592
80.000
9,148.544
lto4
lto4
3t>,498
CENTRAL TRUST COMPANY.
Be»ourct».
June 30, 1890.
,
1890.
$1,134,316
2.539.074
187,231
740,114
•^«H«30, 1890.
Stock Investments (market value)
Amount loaned on collaterals
Coshonhaud and on deposit
North Michigan.— The following is
earnings, expenses, &c
for the i)a8t two
1889.
$1,014,306
3,273,722
Ketounes.
Bondsand mortgages
&,
years:
SOO.
ATLANTIC TRUST COMPANY.
Oregon Iiuproremeut Company.— The new management of Stock investments (market value)
the Oregon Improvement Company haa decided to offer to its Amount loaned ou collaterals
loaned on personal securities
stockholders and creditors a sufficient amount of its general Amount
Real estate (estimated value)
consol. mort. 5 per cent bonds to pay off the fioating debt Cash on hand and on deposit
and give the company adequate working capital. The bonds Other assets
are to be offered at 70, and it is understood that if they are
Total
not taken a syndicate will buy them at 65. The amount
LiabUUiet.
offered will be $3,500,000, nearly all of which is pledged to Capital stock paid In
secure the floating debt.
1
$4o,0OO
300,H33
LUMHtle:
profits
Total
Gknkrai. Electric Company.— Stock has t>een Increased from
•12.000,000 to $1.').000,000.
Loi'iovii.i.E, Ky,, Watkr Comi-ant.— »500,000 2d mortgage 5 per cent
,
•4.'i,000
32.').M33
225,927
845,151
163,503
Other assets
Undivided
Edmon
Illds will
dc
HefrurttM.
Capital stock paid In
Wasiiingtos IlDRolKiil. Pa.— !(<,'>0,400 4 j)crcent stroet improvement
bonda, duo Oct, 1. lHi)5 to Oet. 1, 1U03. HkU wlU bo rceelvod by
Jonathan Allison. \V!ishin(r»on. Pa., till Feb. 2.
WiLsiiNGTON, Va.— $100,000 bonds are In contemplation.
2(i-vear bonda.
Trnst Companlofi of Now Tork and Brooklyn.— The semiannual reports of these companies for the perioti ending Dec.
81, IHOO, have been made to the Banking Department at
Albany. The figures below are compiled for the Chrosiulb,
placing in comparison the Rtat«nenf8 of June 80. 1)^90. and
Dec. 81, 1890, thus showing the changes in the six months,
IjlUCt. will be offered at auction by J. A.
HI. flalrsvUlo. Belmont C!o.. O.. Feb. 3.
Conn.— $'.;(M),000 water works bonds are proiKiBcd.
UeudtTHon. at
Mrkiden.
106
Bonds and mortgages
Stock Investments (market value)
Amount loaned ou collateriils
Amount loaned on iiersonal securities
Real estate (estimated value)
Cash on hand and on deposit
Other assets
Total
i)«-.
3 1,1890.
$4-25.000
$125,500
4,020,K93
23.689,844
298,980
850,000
1,088,963
307,697
3,640,600
17,863,378
217,405
$30,680,829
$25,003,915
$1,000,000
4,279,364
6,540,190
18,553,912
307,362
$1,000,000
4.507,337
4.742,010
14,486.266
268,280
$1,031,976
»l,853,00»
850,000
1,754,200
252,831
LiabUUiet.
Capital stock paid In
Surplus fund
Deposits lu trust
General deposits, payable on
Other UabUlties
stock in the amount of §3.000,000, also to vote upon the
demand
guarantee of the bonds of the Kanawha and Michigan Railway
Company, issued and to be issued.
$30,680,829 $25,003,914
Total
A special meeting of the stockholders of the Kanawha
& Michigan Railway Company will be held at the company's Interest and profits receivedSxipplementary.
$969,502
$756,855
lust 6 months.
office in Corning, Ohio, on Feb. 10th, for the purpose of voting
303,797
257,291
Interest credited depositors, same period..
upon an agreement with the Toledo & Ohio Central Railway Kxpcuses (it institution, same period
72.806
72,242
150,000
150,000
Company, by which the two companies enter into an arrange- Dividends on capital stock, same period
16,374,714
22,635,012
luterest
allowed
Deposits
on
which
Is
ment for their common t)eneflt, and agree upon a method and Rate of lutereston same
lto3
1 to 3
terins upon which the Toledo & Ohio Central Company is
CONTINENTAL TRUST COMPANY.
to aid the Kanawha & Michigan Company in the further conRetowrett.
struction of its road.
June 30,1890. Dtt. 81, 1890.
ai5o,,'>oo
mortgages
Bondsand
Tonawanda & Cuba.—The foreclosure sale of this road, in a
„_; ^iL;
451.225
$271 .000
(market value)
suit by the Metropolitan Trust Company of New York took Stock investments collaterals
1,232.608
685,(91
Amount loaned on
3)<,415
glace on the 19th, and the road was purchased bvHeury A. Amount loaned ou itersonnl securities
m'^oK'
69.143
lakley, William Jay, Sumner R. Stone and Richard" B. Ferris, Cash ou hand and oudeiioslt
.'t.S
13,069
\,'3iO
of New York, as a committee for the bondholders. The price Other asseU
was
133,500.
Total
THE CHRONICLE.
1H6
LVoL. LIL
KNICKERBOCKER TRUST COMPANY.
COKTINEKTAL TRUST COMF X^^-(CotiHH(led.)
Ji<H€ 30,1890. Dec.31,1390.
Jlesoiire.ef.
Liabilities.
Capital stockpaidin
$500,000
250,000
^2?S-2!?S
^"^'^^
SurpluBfund
Undivided profits
i,bJd
21,622
279,205
148
1,077,757
3,323
.$1,031,976
$1,853,009
$2,469
145
$36,587
306
Deposits in trust
General deposits, payable on demand
Otljer liabilities
Total
Supplementary.
Interest and proflts received last 6 months-
Jutie 30, 1890.
Bonds and mortgages
same period..
Expenses of institution, same period
Deposits on wbieli Interest is allowed
Bat« of interest on same
8,468
15,396
1,024,693
431
205,091
2iato6
2i4to3
FARMERS' LOAN & TRUST COMPANY.
Total
June 30, 1890. Dec. 31, 1890.
$349,300
*249,300
4,780,5.50
24,022,.^44
489, 940
4,085,562
18,554,304
542,558
930.000
3,433,604
311,566
$87,764,044
$28,126,893
$1,000,000
3,753,133
32,881,010
129,870
$1,000,000
3,656,.93
23,225.969
244,631
$37,761,014
$28,126,893
.$583,346
$786,908
322,933
119,722
150,000
20,650, 144
Bondsand mortgages
Btook investments (market value)
Amount loaned on collaterals
Amount loaned on iiersonal securities
Real estate (estimated value)
673,522
950,000
6,498,189
Casbontaand and on deposit
Other assets
Total
Capital stock paid in
Surplus fund
Undivided proflts
Deposits in trust
General deposits payable on
Other
Retources.
demand
liabilities
Total
Supplementary,
Interest and proflts received last 6 months
Interest credited depositors,
same
period...
Expenses of institution, same period
Deposits on which interest is allowed
Rate of interest ou same
8un>luef»nd
Deposits in trust
Other liabilities
Total
Siqyplementary.
Interest and proflte received last 6 months..
Interest credited depositors, same period.
Expenses of institution, same period
Dividends on capital stock, same period.
_
njinAolta on
nr\ which
whfph illtPI-^fit
»1l0^Ved
interest is allowed
Deposits
Bate of interest on same
266,023
72,660
100,000
27,538,990
.
.
lto5
(BROOKLYN).
FRANKLIN TRUST COMPANY
1 to 5
Btook investments (marketvalue)
Amount loaned on collaterals
Amount loaned on per.sonaI securities
Cash on hand and on deposit
$795,750
$661,000
1,166,403
2,338,950
149,885
394.356
'Z,841
1,193,630
2,732,656
90,197
290,799
26,864
$4,843,185
$4,997,004
Other assets
Total
$1,000,000
demand
Other liabiities
Total
4l9,8.o2
$1,000,000
469,158
27,916
30,000
3,356,433
8,982
50.786
3,374,421
102,637
$4,843,185
$4,997,004
.$179,815
$152,583
41,105
13.892
30,000
3,362,998
fiitppletnentary.
Interest and iirofits received last six months.
Interest credited depositors, same period...
Expenses of Institution, same period
Dividends on capital stock, same period
Deposits on which Interest is allowed
49,869
12,814
30,000
3,315,525
listo4
Bate of interest on same
HOLLAND TRUST COMPANY.
June 30, 1 890.
Bonds and mortgages
,
Total
Dec. 31 1 890.
,
$90,000
514.845
2,300.984
292,458
281,263
8,907
1,799,801
241,651
259,993
25,255
<3,486,460
$3,283,498
$500,000
500,000
97,068
19,977
$500,000
500.000
107,057
$84,000
872,739
ZiabilUia.
Capital stock paid in
SuroUis fund
Undivided profits
Deposits in trust
General deposits, payable on detnand
.
2,224,498
146,316
Other Uablllties
Total
Sujyptementaiij.
Interest and proflts received last 6 months.
depositors,
same period. ..
Interest credited
Expenses of institution, same period
Dmdcnds on capital stock, same i>eriod
Deposits on which interest is allowed
Rate of interest on same
_.
18,049
1,359,545
798,848
$3,488,460
$3,283,498
$98,232
26,745
24,747
25,000
1,410,251
$89,447
4,374
30,638
25,000
1 to 3
1,530,816
4T2
lto4l.
KINGS COUNTY TRUST COMPANY (BBOOKl YN).
Total
June30,lS90. Dec. 31, 1890.
$419,000
$467,000
100,500
207,333
Other assets
Total
1,490,893
160,746
268,079
22,031
1.434,150
138,357
167,436
32,078
$2,461,261
$2,446,666
LiaMHties.
Capital stock paid in
Deposits in trust
$500,008
250,000
49,620
77,449
Genet al deposits, payable on demand
Other Italiilittes
$500,000
300,000
19,896
32,330
1,571,543
12,628
1,539,039
55,401
$2,461,251
$2,446,666
Bnrnlus f imd
Undi V idcd proflts
Total.
upplemenlary.
Interest and profits received Inst 6 months.
Interest credited deixisitois, .same period...
Sxpensesof Instlttftlon, same period
DiTidends on capital stock, same period
Depotits on which inlej-est is allowed
Ri»te of intei-(.Hi
(ni satiie
$53,606
8,560
7,002
1,40.5,808
mtoSi^i
$81,046
17,962
8,180
15,000
1,223,670
2,896,927
26,039
$3,906,327
$5,168,545
$77,940
29,200
23,932
2,308,744
$80,884
29,400
32,666
2,966,393
mtoS
Dee. 31.1890.
$203,800
$203,800
1,085,710
2,123,376
271,774
38,359
1,086,920
1,952,526
129,000
92,850
236,042
30,033
$3,800,619
$3,731,172
$500,000
203,913
212,631
$500,000
225,515
153,521
2,859,961
24,109
2,821,664
3 0,471
$3,800,619
$3,731,172
$79,857
38,611
9,644
20,000
2,859,140
l'ato3>3
$103,830
39,955
LiabUiHes.
Capital stock paid in
...
Surplusfund
Deposits in trust
Total
Suppltmentary.
Interest and proflts received last 6 months.
Interest credited deyrositors, same period..
Expenses of institution, same period
Dividends on capital stock, same period
Deposits ou which interest is allowed
Rate of interest on same
9,373
20,000
2.971,873
liato4
MANHATTAN TRUST COMPANY.
Kesourees.
JuneSO. 1800. Dcc.31,1890.
$20,000
$30,000
Bonds and mortgages
Stock investments (market value)
Amount lo.ined on collaterals
Real estate (estimated value)
Cash on hand and on deposit
Otherassets
Total
1,123,896
2,604,708
50,000
485,900
73,190
1,738,174
1,544,517
46,000
842,261
93,415
$4,367,687
$4,284,367
$1,000,000
107.997
63,281
50,481
2,008,362
832,842
304,723
$1 ,000,000
124,634
36,276
19,099
Liabiiitiet.
Capital stock paid in
Surplusfund
Undivided proflts
General deposits, payable on demand
" notice
Other UabUities
Total
)
,474,659
(
17,059
$4,367,687
$4,284,367
$103,858
41,897
27,645
2,736.917
$117,568
42,819
31,076
Supplementary.
Interest and proflta received last 6 months.
Interest credited depositors, same period. ..
Expenses of institution, same period
Deposits on which Interest is allowed
Average rate of Interest on same
2'9-l
2,451,146
2-93
MERCANTILE TRUST COMPANY.
Resources.
$483,746
1890 5
$459,089
2,076,312
16,024,540
499,660
179,708
2,280,252
739,176
1,364,375
19,155,849
567,255
121,036
4,071,087
747,254
$22,283,394
$26,485,946
$2,000,000
1,000,000
196,022
855,682
18,210,610
21,057
$2,000,000
1,000,000
421,020
874,488
22,185,906
4,531
$22,283,394
$26,485,946
$539,174
194,991
60,747
80,000
17,703,196
$677,607
268,522
60,630
100,000
21,100,683
June 30, 1890.
Bonds andmortgages
Stock Investments (market value)
Amount loaned on collaterals
Amount loaned on personal securities
Real estate (estimated value)
Cash ou hand and on deposit
Other assets
Total
Dee. 31,
Liabiiitiet.
Capital stock paid In
Hetcmreea.
Stock Investment* (market valne)
Amount loaned on collaterals
Amount loaned on personal securities
Cash on ha ud and on deposit
$750,000
271,909
153,096
1,015.645
2,223,484
14,101
>77,000
Deposits in trust
Resmirees.
Bondsand moitgages
$500,000
June 30,1890.
Stock investments (market value)
Amount loaned on collateralB
Amount loaned on personal securities
Real estate (estimated value)
Cash on hand and on deposit
Otherassets
lAabilities.
Other assets
$5,168,545
Resoureea.
Bonds and mortgages
JiineSO, 1890. Dec. 31, 1890.
Bonds and mortsages
—
$3,906,327
listo4
General deposits, payable on demand
Other liabilities
Betmtrces.
Stock Investments (market value)
loaned on collaterals
loaned on personal securities.
Cash on hand and on dcjiosit
446,809
46,045
LONG ISLAND LOAN A TRUST COMPANY (BROOKLYN.)
Liabililies.
Capital stockpaidlu
Amount
Amount
$86,300
2,717,800
23,400
306,442
39,622
Cash cu hand and on deposit
Other assets
31, 1890.
1,834,651
2.733,494
20,700
Liabilities.
Interest credited depositors,
Capital i-tock paid in
Surplus fund
Dividends, payable July 15
Deposits in trust
General deposits, payable On
r>ee.
$100,800
718,263
Stock investments (market value)
Amount loaned on collaterals
Amount loaned on personal securities
Surplusfund
Undivided proflts
Deposits in trust
General deposits, payable on
Other liabilities
demand
Total
Supplementary.
Interest and proflts received last 6 months.
Interest credited depositors,
same
period...
Expenses of institution, same period
Dividends on capital stock, same period
Deposits on which Interest is allowed
Rate of interest on same
lto4
1 to
4
METROPOLITAN TRUST COMPANY.
Resources.
Bonds and mortgages
Stock Investments (market value)
Amount loaned on collaterals
Real estate (estimated value)
Cash on hand and on deposit
Otherassets
JuneSO, 1890.
$381,500
Dec. 31, 1890.
2,388.700
5,783,691
470,000
596,062
80,724
1.906,058
4,777,442
480,000
578,196
77,496
$9,700,749
$8,136,192
$317,000
1,530,275
1
to4
Total
THE CHRONIOLE.
Jantiaiiy 84, 1861.J
16f
METROPOLITAN IRTJST COMPANY— ^OoMrimfcrfJ
STATE TRUST COMPANY.
Liabilitim.
ReKoittrfg.
Junr30,\f00.
Capital •.took pftid In
SuriiliiK fund
(joiionil iloponltH, pnyftblo
OtlHirliiilMllUi'*
,
$1,0(K).000
nrc. 3 1 1 H!)0.
*l,0O(),i)oo
lOi.UH
71il,li:i(i
on demand
Total
.
7.02U,7l!0
Ci),858
0,aDl,(i7«
Hm-OCT-lO
$8,138,192
Junean.
Stonk Investnuints (murkot value)
Amount loaned on lollat^iral
Cash on hand aud on dupuslt
nud
iiioiitlis.
iit23H,S5fl
*2.l.">,fl(>«
132,007
117.(i(!(!
24,3,57
21,():)3
30,000
7,710,107
6,287,.'585
l>ato4
liatoS
proflt« received last
iiisiilution, Hftiue
UlvldiMnlM on
utock,
cuiiltiil
noi>oalt»on whlcli Interest
period
fame
period....
U allowed
Kate of interest on same
3o,0(iO
NASSAU TBUBT CO.MPANY (BROOKLYN.)
Rtsourrfs.
J«»U!30,1S90. Dm. 31. 1800.
$429,200
487,340
$42i),103
2,184,528
171,927
30,628
1,810.170
1«7,265
38,532
$3,303,624
$2,842,600
Bonds and mortRftdes
Stock invostnieuts iiuarket value)
Amount loaned on coUatoralu
C'lisU on liundand on deposit
Other »»»ete
3«7,I30
LiabUUwt.
$500,000
$500,000
88,671
14,519
2,688,360
12,072
105.771
10,137
2,220,571
6,021
$3,303,624
$2,842,500
$68,517
28.086
$80,544
34,402
8,097
30,000
2,701,526
I'atoS'a
15,000
2,229,854
Capital stoek paid in
i;udivldv<l profits
Deposits in trust
General deposits, payable
on demand.
llabllitiea
Total
Sitppletneiilary.
$4,204,366
(6,140,486
F<urpluH fund
Undivided profits
$1,000,000
50«,000
32,739
Deposits in trusu
2,66ft,757
Other aaset*
Total
Capital stock paid In
Other
NEW YORK
i).064
l^s to
4
Total
Supplementary.
Interest and proflts received last 6 months.
Interest credited de)M>sItors,
$4,204,566
$6,149,486
i>orlod.
.
$08,672
23,034
10,804
$123,432
49.504
14,776
4,395,009
2>9 to 4
2,630,583
2t«to4
TITLE GUARANTEE TRUST COMPANY.
Stock Investments (market vatae)
Amount loaned on collaterals
Cash on hand and on deposit
Other assets...
Total
480,000
2,306,367
268,493
480.000
2,704,784
391,857
$23,375,650
$22,501,343
$1,000,000
1,905,483
126,403
18,822,574
1,521,130
$1,000,000
2,011,163
161,243
17,840,690
1,487,944
Other assets
Total
Capital stock paid in
Other Uabilltles
Total
Supplementary.
Interest and proflts received last 6 months.
Expenses of tne institution, same period.
Div's declared on capital stock, same period,
$2,000,000
395,035
56.100
$2,000,000
441.203
505,207
$2,451,135
$2,946,300
$283,102
153,876
50,000
$286,068
188.507
50,000
Jun* 30, 1890. Dec. 31, 1890.
Stock investments (market value)
Amount loaned on collaterals
Real estate (estimated value)
Cash on hand and on deposit
Otherassets.
Total
$820,500
$643,300
1 .692.680
24,613.532
1 ,960,000
4,372.292
251,790
1.663,600
21,533,548
1 ,993,230
4.260.594
317,292
$33,712,794
$30,413,934
LiabilUieii.
Capital stock paid in
Surplus fund
Undiviilcd pvotlta
I>ei)0sil8 lu trust
Otberliabilities
$23,373,650
$22,501,343
Supplementary.
Interest and proflts received last 6 months.
$.')36,430
$508,701
Interest credited depositors, same ))crlod...
Expenses of institution, .same period
Dividends on capital stock, same period
Deposits on which interest is allowed
Rate of interest ou same
292,092
44,504
150,000
18,822,374
1 to 5
332, (iU2
Total
Capital stock paid in
$1,000,000
3,6'<5,952
Surplus fund and undivided proflts
General deposits, payable on demand, ou
notice and ou fixed time
28,516.413
Other liabilities
310,428
Total
$3,732,023
23,282,136
379,774
$33,712,794
$30,413,934
$800,1.51
$839,491
336,442
99,443
100,000
23,738,487
Supplementary.
43,,')41
100,000
17,840,iJ90
lto5
NEW YORK SECURITY & TRUST COMPANY.
Interest and proflts received last 6 months.
Ihterest credited dejmsitors, same i>eriod.
Exjicnses of the institution, same period...
.
Dividends ou capital stock, same period
Amount of deposits ou which int. is allowed
Kate of Interest on same
298,883
67.106
100,000
26,071,302
1 to 5
1
to3
UNITED STATES TRUST COMPANY.
Resources,
Xesourceg.
June
Bonds and mortgivges
Stock investments (market value)
Amount loaned ou c^illaterals
Amount loaned on personal securities
on deposit
Otherassets
Total
30, 1890. Dee. 31, 1890.
$256,000
$26l),000
889,.596
1,258.925
3,271,669
897,053
3,624.105
270,484
467,400
S6,173
646,440
77,647
$5,817,894
$6,143,601
$1,000,000
300,000
74,773
1,780,812
2,423,104
37,201
$1,000,000
500,000
169,844
2,532,426
1,924,183
17,148
$3,817,894
$6,143,607
LiabUitte*.
Capital stock paid in
Surplus fund
proflts
Depositsin trust
General deitosits, payable on demand
liahilities
Total
iStipplementaT^y.
Interest ,->nd proflts received last 6 months
Interest crcilllcd depositors, same period...
Expenses of in.stitution. same period
Deposits on which interest is allowed
Rate of interest on same
$138,188
29.072
19,140
3,730,691
2 to 3
$123,991
61.343
12,337
3,327.877
2 to 4
COMPANY OF (BROOKLYN.)
Jt(Jif30, 1890. Dec. 31, 1890.
Bonds and mortgages
Stock investments (market value)
Amount loaned on collaterals
Amount loaned ou personal securities
Real estate (estimated value)
Cash on dejiosit
Otherassets
Total
„ , and^ mortfrages
Bonds
Dec. 31,1890,
$347..350
$476,050
306,126
243,355
1,938,950
140,033
412,180
24,413
collaterals
personal securities
Cash ou band and on deposit
Other a«sete
Total
3.55(>,820
167,.-)r-.3
180,075
44,032
$3,106,281
$5,130,014
$500,000
250,000
65,804
57,646
$1,000,000
Liabilitiet.
Capital stock paid in
Snrniusfund
Undivided proflts
Deposits in trust
Interest
Other
accmed on
deposits
liabilities
Total
Supplentcntary.
Interest and i>roflts receivetl last 6 months.
Interest credited depositors, same period...
Expenses of institution, sime period
Divldeuds ou capital stock, same period
Anit. of deposits ou which interest Is allowed
Rate of interest on same
Surplus fund
Uuaivided profits
....'..".
Deiwsits in trust
General deposits, payable on demand
Other lialillilics
'.
Total
Su]>plemenUtry.
Interest and proflts received last 6 months.
Interestcrediteddepositors, same period..
Expenses of institution, same period
Dividends on capital stock, same period
l>eiK)sits on which interest is allowed
Kate of interest on same
2,221,602
21,228
550.1)00
37.(i76
97.422
3,432,436
$47,122,744
$2,000,000
6,730,016
369,083
37,329,897
669,208
372.326
$2,000,000
7,075,395
568.699
36,439,692
$47,670,333
$47,122,744
$1,184,705
476.209
80,498
250,000
36,949,924
1 to 5
$1,166,657
465,503
161,124
250,000
35,882,407
.Tuue 30, 1890.
$31,000
524,117
Stock Investments (market value)
Amouutluaned on
collaterals
Amount loaned on pci.sonal seciirltles.
Ciish on hand and on <icposit
..
Otherassets
1.038,759
1 to
4
Surplus fund
Undivided
proflts
demand
Other Uabilliies
$5,130,013
$65,299
$83,216
55,288
12.779
15,000
Total
lil,655
"
2,293,210
3,483,491
mito3>a
li4to4
2>ec.
31, 1890.
30,000
184,701
22,355
$23,000
753,348
1,997,570
45,000
248,679
21,982
$3,399,809
$3,089,580
$300,000
250.000
40.233
32,353
.$500,000
2,607,034
•
LiaMlitiet.
Capital stock paid In
Deposits in trust
12,47^ General deposits, payable on
'-.$3,106,281
9,231
$47,670,533
Retourcea.
Bonds and mortgages
Total
Capital stock paid In
$2,005,000
6.730,081
30,168,311
4,829,920
1.000,000
1,882,861
486,571
WASHINGTON TRUST COMPANY.
JMn« 30, 1890.
Stock invpstuients (market value)
$2,427,500
6,905.933
29.116,057
6,563,841
1,000,000
1,264,570
384,610
LialnlitieB,
Resoufces.
Amoimt lo.ined on
Amount loaned on
•2.946,501
Remrurcet.
Bonds andmortgages
Liabiltties.
PEOPLES' TRUST
$2,481,135
J^iabUitien.
UNION TRUST COMPANY.
Ji«ne30,1890. Dec. 31, 1890.
$2,260,.->34
$2,053,044
10,239,034
9,091,207
3,086,600
6.o:j4,:wo
2,842,059
1,538. (!(J1
Stock investments (market value)
Amount loaned on coUuteials
Amount loaned on persouiil securities
Real estjitc (estimated value)
Cathon band and on deposit
a ud
Juneao.lSOO. r>««.31,1890.
$1,590,371
$1,425,105
286,500
494.400
20,000
50,697
88,3,55
517,587
468,640
Bonds and mortgages
Besourcfa.
Other
same
Expenses of the Institution, same jieriod
Deposits on which interest Is allowed
Bate of Interest on same
.
LIFE INSURANCE & TRUST COMPANY.
Bonds and mortftagcs
Undivided
8,009
$1,000,000
500,000
102.800
4,S37,330
0,457
liabilities
Surplus fund
Interest and profits received last (! mouths.
Interest credited depositors, same period...
Expenses of institution, sarau period
Dividend on cnpital stock, same period
Dei)08it*i on which interest is allowed
Rate of interest on same
Cash on hand
190.
Bt»oureet..
Tot»l
Other
1
UaMUte*.
Intercut crinlltcil depoaltors, Baine period..
Exiwnsesiif
.
$2,028,643
3,177,382
926,743
10,766
SiipplrmfHlmri/,
Intcr»>!>t
18i)0. Dec. 31
$1,252,322
2,451,900
484,842
15,301
;„..
2,573,264
8,957
250,000
44,649
6,249
2,284,887
3,796
$3,399,809
$3,089,580
$49,423
21,003
$88,479
36,356
10.O62
2,698.709
12,102
3.291,135
1»« to a'a
2 to 4
Supj)leme>itary.
and proflts received last 6 mouths.
Interest credited dep<»sitors, same period...
Exi)enses of iiiBtltniion, same period
Deposits on which inK^rest is allowed
Rate of Interest on same
Interest
THE
1B8
CHRONICT.K.
[Vol. LII.
The motive power and passenger equipment of your Company has also been greatly added to and improved, and will
probably, in its present condition, meet all requirements of
NEW YORK ONTARIOJfc WESTERN
R'Y CO.
ELEVENTH ANNUAL KEPORT-FOR THE YEAR ENDING JUNE
30,
1890.
Offick of the President,
New York,
Jan.
)
12, 1891.
To the Stockholders
„,
^ -.t
tr
i
i,„„
has
The " General Railroad Act " of the State of New York
between
uniformity
be
may
there
that
order
in
amended
been
State and
reports made to the Railroad Commissioners of the
and the
those made to the Inter-State Commerce Commission,
anlaw now provides that "Railroad Companies shall make
State of
nually to the Board of Railroad Commissioners of the
New York reports of their operations for the year ending
with the 30th day of June of each and every year,' this being
the date also fixed by the Inter-State Commission.
The report now submitted covers, therefore, the fiscal year
ended June 30, 1890, instead of September 30, as heretofore.
As a considerable period elapses between the close of the
your annual
fiscal year and the day now fixed for holding
meetings (the third Wednesday in January), it is proposed to
change tiie day of the annual meeting of your company to the
last Wednesday in September.
The following statement exhibits a comparison of the earnings and expenses for tiie year mentioned with that of the year
ending June 80, 1889:
.
,
'
'
.
BECEIPTS.
.."..-........ ..:...
MieLZnS.U^™.
1889.
$511,303 68
1,123,776 89
1890.
$557,442 43
1,288,722 (58
91,109 85
PaBseDKers
F?cleht
MiSl and ExDre'ss
Xotal
49
81,00136
24,631 47
$1,963,756 45
$1,740,713 40
26,'481
:
OPERATING EXPENSES.
Conflucting Transportation
Motive Power
Maintenance of Cars
Maintenance of Way
General Expenses
Miscellamous Expenses
1890.
1889.
'^I'fTii^l
*lh\!,iit
}lt-iiit^
'^IS'SI,. iL
H'.CAaVi
»4
»b,078
$4 1 1 ,228 77
399,613 95
109,878 74
283,439 19
83,336 23
100,865 47
$1,519,015 71 $1,388,362 35
84,500 00
74,983 95
Total
Taxes. ^.V.V.V.V.V.V.V.V.V.'.'.
Total Operating Expenses and Taxes $1,593,999 66
Balance Net Earnings
Interest and Charges
*25H??
Z?
2 23,314 88
the immediate future.
Additional coal and box cars should be provided from time
to time to meet the demands of freight traffic, which is constantly increasing, particularly that of the Scranton Extension
and of business interchanged with connecting lines.
As stated by the General Manager, provision should be made
for providing a storage place for coal at or near Hancock,
and terminal facilities at Cornwall for handling coal and other
freights by water from that point.
Your Directors have been urged by many stockholders to
formulate and present a plan for re-arranging the capital
stock of the Company, and classifying the same into Preferred
and Common Shares. Although no such plan has as yet been
considered, it is hoped that in the near future the stockholders
will be able to agree upon a suitable and comprehensive
arrangement for readjusting the present capitalization, and,
at the same time, providing funds for making such improvements to the line and additions to the equipment as the business may demand.
Other companies engaged in the coal traffic have been
obliged to invest very largely in coal lands in order to secure
the necessary tonnage, and were permitted to do so under
their charters. Your Company, however, has adopted the
course open to it, and which has been followed for many yearsby all the coal-carrying companies, of advancing to coal producers portions of the amount necessary to develop their
properties, at the same time taking contracts for the transportation of the output of the various collieries. These advances are secured by mortgage upon ^the coal, leaseholds or
lands in fee, and the improvements, and are repaid, with sir
per cent interest, at a certain amount per ton, varying from
fifteen to twenty-five cents.
Contracts of this description, involving advances amounting
to about $500,000 have already been entered into, on account
of which nearly $300,000 has already been paid, and your
officers could follow no wiser policy than to continue tomake such advances when opportunity offers, as the amountsadvanced are amply secured, and the Company not only receives interest on the investment, but secures a large tonnage
thereby, at remunerative rates.
In closing this brief statement, I desire, on behalf of theBoard, to acknowledge the faithfulness and efficiency with
which all employees of the Company have during the last;
"$146,44191
$62,645 71
Surplus
For the details of the various items above shown, you are
referred to the General Manager's report, and the tables prepared by the Treasurer, herewith submitted.
The Scranton extension was formally opened June 30, 1890,
and it may be satisfactory to the stockholders to be advised as
to the earnings of the company since that event occurred.
The following is a statement for six months ended December 31, 1890 (the month of December being estimated.)
RECEIPTS.
1890.
Passengers
Freight
Mail and express
$398,060
955,478
50,233
18,242
Miscellaneous.
1889.
Increase.
P.Ct.
$361,876
739,143
49,308
15,382
$1,422,013 $1,165,709
OPERATING EXFENBEB.
1889.
1890.
$261,552
CondncHngtransport'n.... $309,889
257,295
279,138
Motive po-wer
72,327
78.557
Maintenance of cars
182,786
228,479
>Iaintenance of way
44,403
4'1,126
General expenses
46,7-29
54,749
Micellaneous expenses
Total
21-9
Increase,
P. Ct.
$873,112
47,269
$117,806
13-4
Totalop. ex. and taxes... .$1,051,095
$920,381
$130,714
14-2
$370,918
264,275
$245,328
143,080
$125,590
121,195
51-1
84-7
Balance net earnings
Interest
and cbarges...:..
$106,643
Burplos
$102,248
On
behalf of the Board,
THOMAS P. FOWLER,
President.
GENBRAIi mANAGKR'i* RKPORT.
FOR THE YEAR ENDING JUNE 30TH, 1890.
Thomas
P.
Fowler,
Esq.,
President
Dear Sir: I respectfully submit the following report of
the operation of this Company's railway for the year ending:
June
30th, 1890:
EARNINGS AND EXPENSES.
The gross earnings for the year, exclusive of leased lines^
were $1,963,756. The working expenses and taxes were
$1,598,999 66. The net earnings were $369,756 79, an increase
of $101,905 74, or 3804 per cent as compared with previousyear.
$256,304
$990,918
60,177
Total
Taxes
year performed their duties.
$1,472,862 35
$267,851 05
205,205 34
$4,395
4-3
The total number of passengers carried during the year was647,841, as compared with 628,494 during the previous year,
an increase of 19,347 passengers, or about 3-07 per cent.
The number of passengers carried one mile was 29,952,249,
and in 1889 31,781,378, a decrease of 575 per cent. There was
a total decrease in the number of emigrants carried one mile of
3,815,187, and an increase in local and coupon passengers car
ried one mile of 1 ,976,058.
The average earnings per passenger for the current year
cents.
were 86 cents and in the previous year 81
The average earnings per passenger per mile were 1-86
1-61
increase
cents in the previous year, an
cents, as against
in passenger revenue per mile of 15-53 per cent. Although
there
was a large decrease in the number
was considerable increase in the
ried, there
of emigrants carrates as compared
with previous year.
The passenger train mileage during the year was 765,515,
while during the previous year it was 727,740 mUes.
The earnings per passenger train per mile were 84-7 cents
as compared with 8-14 in previous year, an increase of about
4 per cent.
The expenses per passenger train mile were 62-6 cents, as
comijared with 65'1 cents in 1889.
the revenue returns of even the present year.
The net earnings per passenger train mile were 22 cents,As heretofore, it has been the policy of your officers to as compared with 16 cents in previous year.
foster and develop to the fullest extent the better paying
The average number of miles traveled per passenger waslocal traffic and it is satisfactory to note that there is a con- 46-23, as compared with 5057 in previous year.
from the new line to the coal-fields are, on the
whole, very encouraging, and your officers feel assured that
this extension wUl fully realize the anticipations entertained
at the time it was projected. We have met with delays, and
were compelled to make a larger expenditure than was estimated, but your Board is convinced that the sanction you
gave to this work was wisely given, and will be justified by
The
results
;
stantly increasing summer travel, which is still capable of
further expansion, and will add very considerably to the
revenues of your Company in the future.
The General Manager enters very fully into the details of
construction work and progress with the so-called " Zig-Zag "
Tunnel (now nearing completion), and it may reasonably be
claimed that the condition of the entire property has been
brought to a standard not heretofore attained, and not excelled
by other lines of railway of like character.
The
total
number
tons freight carried
was
955,558, as
com-
pared with 850,235 tons in previous year, an increase of 12-39
per cent.
The number of tons carried one mile was 103,883,353, as
compared with 82,811,943 tons in previous year, an increase of
26-21 per cent.
The earnings from
freigjht
were
$1,288,723, as
compared
with $1,123,777 during previous year, an increase of 14*7 per
cent.
Javuart
THE CHBONICLE.
24, isei.j
The earniniCiS par ton on loaal freight were $1 60, an increase of 10 cents aa compared with previous year.
The avoragp earnings per ton on coal carried durina; the
y,>ar wore 'tO-O") cents, a decrease of 5-03 cents as compared
with previous vear.
The average eariiinj?8 per ton on all freight carried were
$1 35, or 17 cents lo33 than for previous year.
The average earnings per ton p3r mile on all classes of
freifrht were 1-24 cenU, as compared with 1*89 during the
previous year.
Uuringthp hitter part of thi^ year, owing to the general
demoralization of Trunk Line rates, this company discontinued carrying through east-bound grain at tne low rates
which prevailed.
The agijre^ate expensss par ton of freight carried during
the year were $1 03; daring the previous year the expenses
were $1 07.
The expanses p^r ton per mile were
with
I'll
1"00 cents, as
compared
during the previous year, or a decrease of 10 per
cent.
.
The train mileige was 931,771 miles, and durm? the previous year 772,61 Imiles, an increase of 149,183 miles or 19-3
per cent.
The earnings par freight train mile averaged 81 49, while
during the previous year the average earnings were §1 45.
The expenses p:,-r f reiglit train mile were $1 13, while during
the previous year tlioy were §1 18.
The net eirnings par freight train mile were 87 cents, the
same as in the previous year.
Tlie ayera<^e number of freight cars par train on tlie main
line was 18-3, the same as in the previous year.
The gross earnings per mile operated were $8,003 37, ascompared with $\'ii'i 33 in the previous year, an increase of 13-81
per cent.
The expensc-s par mile operated were $1,615 31, as compared
tbe previous year, aa increase of 9-41 par
with $1,345 76
cent.
The net earnings per mile operated were $1,360 08, as compared with $1,077 53 during the previous year, aa increase of
26 per cent.
Statement of mileage run by engines and cars during the
year, as comoared with previous year
m
:
Passcniertraius
FriMftbt tr,iin9
Mixed trains
tr.iiu miles earniDK revenue
Slilfting, imsliini;, light iiinning, &c., engiues
Total
engine miles run
Passenger lr.iin car miles
Freight triUn car miles
Mixed train car miles
Total
traffic
Total car
mUes
1890.
1839.
708,778
637,500
341,008
660,576
1,687,286
291,543
1,500,351
1,978,823
2,931,240
11,707,605
3,096,619
1,756,665
2,723,483
9,153,911
2,855,303
17,735,464
LEASED LISE8. YEAR ENDING JUNE 30TH,
For
details of
498,06?<
335,706
230,314
14,733,702
1890.
revenue account of leased lines (U. C.
&
B.
and R. & C. Railroads) see table No. 15 on page 40.
The gross earnings from the leased lines were $336,639 58,
an increase of $1,932 07 over previous year.
Tlie operating expenses were $185,463 77, an increase of
$18,380 13 as compared with previous year. After deducting
operating expenses, rents and taxes, there was a loss from
operation of those lines during the year of $12,353 21, as com-
Unumatly
169
large increase in
equipment
account of the coal bualnese, and
hu
many new
been
made on
sidings have been
built.
The following statement shows tho number and length of
and wooden bridges and trestles on the main line and
iron
branches owned
:
Aggregale
Ifumher.
Wooden
Irngth
in feel.
39
Iron liridgen
Woollen UridgeB
8,670
3,978
19,427
64
102
troHtles
205
Total
30,975
In tho road department the following repairs, additions and
improvements have been made
:
Y tracks at Burnside,
Summitville and Walton) have been laid.
25 hemlock bridges and trestles, aggregating 2,807 feet in
length, have been rebuilt with Georgia pine.
8 iron T)ridges, aggregating 775 feet in length, have been
10-119 miles in
new
sidings (including
erected, replacing wooden bridges.
21 cattle passes, aggre;iatiiig 363 feet in length, with
wooden
have been replaced with steel I beams, and
walls in most cases have been relaid with masonry in
cement.
The large iron viaduct at Sidney Canter, No. 216, has bad
deck renewed with Georgia pine.
5 trestles, aggregating 1,796 feet, have been replaced with
stringers,
earth
embankment.
1,314 feet iron pips have been laid under the embankment for
culverts.
4,700 rods of wire fence and 90 rods of tight board fence have
been built where the line had not previously been
fenced.
Crossing gates have been put in at Campbell Hall in connection with the interlocking of the crossing.
3 miles of track liave been ballasted between Cook's Falls and
Trout Brook.
Land and Land Damages. Under the Sprao;ue Avenue bridge
at Middletown at Fulton Broadway, curbing and flagging
have been laid. The flagging on Front Street, Oswego,
has also been relaid.
Heavy retaining walls have been built at Mountaindale, Liberty, Rockland, Cook's Falls and Unadilla.
6.500 rail braces have been put in the track.
Stations and Buildings. New combined freight and passenger stations have been built at Hurley ville (size 20x80);
—
;
—
Hancock Junction (36x52); new station at Campbell Hall
W. paid one-third the cost, the other
(on which the O.
lines using the station jointly paying the balance).
Extension to the Middletown Station (16x33) for oflice of
Assistant Superintendent. Six section houses have been
renewed. Six new tool houses have been built. Platforms at Orr's Mills and Lit)erty stations have been enlarged and covered to accommodate tlie increa-sed passenger business at these points. Many station platforms have
also been extended with Georgia pine, instead of hemlock
large covered freight platform has been
as heretofore.
new milk station
added to the freight house at Utica.
has been erected at Livingston Manor.
Station grounds have been graded at Campbell Hall, Mountaindale, Hurleyville, Hancock Junction, Rockdale, Oxford and Earlville.
61 lineal feet of arching have been put in Fallsburgh tunnel.
18 miles of 67-pound steel rail, replacing 56-p3und rails, have
been laid on the grades at Cornwall, Mountaindale, Centerville and in Hancock Junction yard.
Gould Tisdale automatic signal has been erected at Utica.
7 stations, 4 milk houses, 1 water tank and 9 bridges have been
painted in addition to all new structures.
90 sets of switcli timiier, 130 steel frogs and 12 safety switches
have been put in repair while 78 sets switch timber, 71
frogs and 115 safety switches have l>eeuput in in improve-
&
A
A
pared with a gain of $2,274 85 in previous year.
At the time these roads were leased from the D. & H. C.
Co., nearly all the business between local points on the leased
lines and New York City was done via Utica in connection
•with the N«w Yorlc Central. At this time the U. C. & B. and A
R. & C. roads received local rates to Utica on this business.
We have endeavored for several years past to divert this business to and over our main line from Randallsville to New
York, and in dividing the through rate we have, in accordance with the lease, credited to the leased lines only their
mileage proportion of the tbrougli rate between local points
ment.
aad New York, wtiich has given to these roads considerably 200,000 new ties have been laid in repairs and 29,000 in new
less earnings than they formerly received at local rates,
sidings.
although the volume of business has considerably increased. 57 safety switches have been put in in repairs, replacing stub
All of the New York business is now practically sent over our
switches.
main line. While the statement shows that we have not enThe amount charged to each account is shown below
tirely earned the amount which we pay under the lease for Additional Sidings
$94,373 59
the use of these roads, it has on the whole been a good invest- Ballast
2,53163
18,334 37
ment for the Company, as we have secured for the main line Bridges and Trestles
578 34
a large amount of business which formerly went over other Crosalngs
Culverts
8,026 31
lines.
The business interchanged at Randallsville during the Fencing
3,064 41
16,399 53
year amounted to $337,913 52, of which the main line propor- Grading
and Land Damages
1,789 31
tion was $344,732 53.
During the previous year this business Land KasteuinL's
753 79
R;iil
amounted to $300,541 23, of which the main line received Retaining Walls
2,006 33
,
2,18138
$310,533 16.
Station Grounds (new)
11,981 52
The operations of the Wharton Valley RR. are included in Stations and warebouises.
12,337 26
Steel Rail
the main line statement of Earnings and Expenses, no separate Safety Switches
2,632 23
accounts being kept.
Signals
1,970 87
5,004 27
Tunnels
CONSTRUCTION AND IMPROVEMENT.
The amount charged to construction and improvement durTotal
$183,964 64
ing the year, as compared with the previous year, is as
The difference between weight of heavy rail laid and light rail taken
follows
up was charged to improvements.
Tear enditiff
Tear ending
June 30. 1 890.
June 30, 1 889.
Zig Zag Tunne— Up to June 30, $102,883 have been exConstruction
$4,238 01
$198,227 83
the
Improvement of road
103,876 09 pended on the Zig Zag Tunnel, being 37 per cent of
204,395 19
;
:
;
.•
:
ImiirnTeuicnt of equipment
New
eqiiiimieut
Laud piuchases, surveya, etc
16,673 63
580,231 39
9,640 54
28,194 25
14,313 59
51,960 34
$1,013,168 78
9204,832 48
estimated cost, $279,100.
Oswego Coal Trestle— At the date of
$1,197
89 has been expended on
trestle.
tliis
the
report,
June
Oswego
30,
coal
THE CHKONICLE.
170
the date of this report June 30,
of water ironc,
$119,166 has been expended in purchase
trestle.
coal
of
foundation
and
docks
of
building
Weehawken Teiminal-At
IMPKOVEMEKTS AND ADDITIONS TO EQUIPMENT.
equipment has been
During the year the following new
purchased or built
2 four-wheeled passenger engines.
6 Rome mogul freight engines.
5 Dickson mogul freight engines.
10 passenger coaches. £
3 combined cars.
2 mail and baggage cars.
1 baggage and express car.
900 25-ton hopper bottom gondola coal cars.
shops.
10 4- wheel caboose cars, built at Middletown
4 mUk cars, built at Middletown shops.
[Vou
LII.
PASSENGER TRAFFIC.
revenue derived from emigrant and second-classpassenger business during the year was $85,995, an increase of
"While the volume of
S6,460 as compared with previous year.
emigrant business has decreased, as shown by the decreased
number of emigrant passenger miles, the rates have kept up,
so that we are enabled to show some increase in earnings
from this source. I am also glad to note that there is considerable increase in our through first and second-class passenger
business, particularly east bound.
Notwithstanding the special inducements oflfered by the
The
total
in the way of transportation of materials for parties
desiring to erect new hotels or boarding-houses, the accommodations and facilities for summer boardei-s are not yet
adequate to properly take care of the large increase in this business. During the past year we have offered free transportation
of all materials used in the erection of summer hotels and boarding-houses, and a considerable number of new buildings are
now being erected under this plan, although hardly sufficient
to accommodate the large influx of boarders who seek these
Company
at miQThe following new equipment is under construction
dletown shops June 30, partly completed:
2 new baggage and express cars.
shops, built
Also 25 hay cars and 25 flat cars at Middletown
charged
during the year to replace old cars destroyed and
popular mountain resorts.
PASSENGER EXCURSIONS.
the year 131 excursions, carrying 39,886 passengers,
During
to
The following repairs and improvements have been maae
were run, from which the revenue was $32,183. The total
equipment during the year.
mileage made by excursion trains was 6,995, and the earnings
5 engines have had new boilers.
train mile averaged $3 17. This is a very considerable inpatent driver per
16 engines have been equipped with Seal's
crease over the excursion business carried in the previous
considerable part of this business was carried on
appa- year. A
8 engines have been equipped with steam heating
regular trains, the mileage of which has been included in the
to profit
and
loss account.
"'J'^r
,..,
ratus.
I.
u
heating
36 passenger coaches have been equipped with steam
apparatus.
42 engines have received general rep9.irs.
33 engines have received ordinary and light repairs.
The following statement shows total cost of fuel for locomotives and cost per train, engine and car mile, compared
with previous year :
Costper
Costper
Cost per
Total cost
•
.
—
1888-89
1889-90
0/
train mite.
fntl.
11-37
11-22
$r7(),660
189,342
ots,
ets.
J.
^'
engine, mile.
car mile.
9-71 cts.
9-56 cts.
1-16 cts.
1-07 cts.
THROUGH FREIGHT TRAFFIC.
Through the agencies of the fast freight lines with which we
are now connected, w.e have largely increased our business
connections in the West, and our tariffs cover considerably
more territory than heretofore. We can now participate more
freely in the through freight business from the West so long
as the prevailing rates will warrant us m. carrying such business, and the cars which formerly were returned West light
can now be loaded back with coal. Since the opening of the
Scranton Division we have extended our tariffs to a large portion of the State of Pennsylvania which was formerly inacceshave also opened up tariffs on business to New
si' le to us.
The decrease in cost of fuel per car mile is nearly eight per
We
which was occasioned partly by the mild winter and England points via the Central New England* Western Road,
in
the
improvement
freedom from snow, and partly by the
which promises to be quite remunerative.
character of our locomotives.
SCE ANTON EXTENSION.
cent,
•
LOCAL TRAFFIC.
Notwithstanding the vexatious delays in procuring right of
way, the unusually rainy season and the legal obstacles thrown
in our way by rival corporations, the Scranton Extension,
from Hancock Junction through the Lackawanna coal fields
to Scranton, fifty-four miles, was opened for freight and passenger traffic one day in advance of the date fixed upon in our
contracts with coal operators, when we must begin the transportation of coal under these agreements.
MILK TRAFFIC.
On account of the numerous railways, mine branches and
revenue
and
tonnage,
earnshows
statement
following
The
gravity railway tracks already built in the narrow and thicklyas
compared
with
milk
business,
^from
mile
train
per
ings
populated Lackawanna Valley between Scranton and Forest
previous year
this portion of the line was very difficult to locate and
rear ending Jntrease or dc- City,
Tear ending
At Providence and CarbonJunCy 30 1890. crease per cent. the right of way very expensive.
Ju)ie 30, 1889
13-32 inc. dale the line crosses the valley on high trestles, with iron
34,853
30,756
Tone of milk carried
14-30 inc.
4,979,787
4,349,023
Tons carried one mile
bridges over the street and railway crossings (the former will
7-47 inc.
$233,094
$216,889
Revenue
The location
7-12 Inc. in a few years be filled up with earth or culm).
163,666
152,695
Miles run liy milk trains.
$1-42
is good, and in most cases our freight and passenger stations
$1-42
Earnings per train mile
The grades on this
for local business are favorably located.
This statement does not Include revenue Irom freight, passenger and
portion of the line, except for short distances, do uot exceed
express business carried on these trains.
fifty-two feet per mile, with a maximum curvature of six
On the 4th of January, 1890, the rate on milk from all degrees.
stations was reduced from 35 cents to 32 cents per can. This
From Carboudale to Forest City there is a uniform grade of
reduction was made at the earnest solicitation of a large num- seventy feet per mile, with curvature of six to eight degrees,
ber of shippers on the line of the road, and was necessary on the grades being reduced on all sharp curves. From Forest
account of a similar reduction having been made by competing City to the Summit (Poyntelle Station), twenty-four miles,
The reduction iu our revenue of nearly ten per cent there is a uniform grade of forty-two feet per mile, with
lines.
was more than made up by increased shipments, so that the maximum curvature of six degrees. From this summit (2,078
revenue increased in the aggregate, notwithstanding these
feet above tide water) the line descends with a uniform grade
reductions, about seven and one-half per cent.
of eighty-four feet per mile for a distance of fourteen miles to
iCOAL TRAFFIC
the crossing of the Delaware River, the dividing line between
f Coal hauled from Sidney to Oswego for lake shipment dur- Pennsylvania and New York. From this bridge to Hancock
ing the year was 70,131 Ions, a decrease of 21,367 tons or 23-35 Junction, where connection is made with the main line, there
per cent, as compared with previous year. The average rate is no grade in either direction exceeding forty feet per mile.
per ton per mile received for the transportation of this coal On the whole the grades in the direction that coal is hauled
was 0-7096 cents, as compared with 0-7189 during the previous are more favorable than on any other coal lino leading out of
this region, except those following along and down the valley
ear.
The total coal shipments from Sidney to leased lines, via to the south.
Randallsville. were 165,947 tons. During the previous year
Ample water-ways have been provided, and all small
the shipments were 179,516 tons, a decrease of 13,569 tons, or streams are securely spanned with box or arch culverts, and
lyiyev cent.
larger openings with solid masonry abutments and steel
Th
the total amount of coal shipped from Sidney to all points bams. In the large structures, of which there are many, the
during the year was 321 ,335 tons, a decrease of 15,028 tons, or masonry is all first-class, and the foundations (and in many
4-46 per cent as compared with previous year.
cases the entire abutments) are built for second track. The
The total revenue from D. & H. C. Co. coal shipments truss bridges are all of iron and built sufficiently strong to
during the year was $159,544 41, a decrease of $34,225 89, or carry a continuous train of the heaviest consolidation engines
13'18 per cent as compared with previous year.
At several points where material could not be obtained
in use.
The average rate per ton per mile for the transportation of without excessive haul, temjwrary hemlock or pile trestles
coal from the D. & H. C. Co. during the year was 0-839 cent, have been erected, which in a few years should be replaced
as compared with 0-884 cent during previous year.
with earth or culm embankment. At three points, Cadosia
The transportation of coal during the year was 83-63 per Valley, Delaware River (approaches to main river span) and
entire
tonnage.
the
cent of
at Fails Creek, heavy iron viaducts have been built on solid
The above statement does not include miscellaneous ship- masonry foundation.
ments of coal received at points other than Sidney, which
All the rails in main track are 67-pound steel with fish
have been included in our general freight statements.
joints 36 inches long, laid on an average of 3,000 ties per mile.
The exceedingly mild winter of 1889-90 accounts for the All the ties are of good size and durable timber, either white
liirLt shipments of coal.
oak, chestnut or Georgia pine. Two miles of second track,
Local business shows considerable increase both in freight
and passengers. There was also a large increase in through
freignt business during the early part of the year. Summer
passenger business continues to show a healthy growth, and
we have every reason to believe that there will be a still
further increase in this source of revenue.
:
—
. .
January
94, 1W»1.J
THE CHRONICLR
Sornnton to Providence, are laid in the game manner. In addition to tliis there were 6'3 miles of Hidings laid June 80,
which have heen considerably incrcnHpd since that date. The
Hidings and mine branches are laid with ne-jwund steel rails
taken ui> from the main line and replaced with heavier steel.
All the frogs are steel and of the best pattern and safety
switches have Ik'pii used at all ix>int.s.
Ballast.— No good gravel for ballast was found in sufBcient
quantity on the hue, and gravel was hauled from the main
line near Hancock to ballast the line from that point to Belmont. From Belmont to Scranton the line is ballasted with
culm (the slate nx-k and refuse from prepared coal). The line
is splendidly ballasted with not less than 3,000 cubic yards per
mile, and the track since the day of opening has been in good
171
during the winter, will recoup the company for the cost of
handling, storing, intorest, etc., beoides securing^ a tonnage
which cannot be obtained in any other way. Thestoram
plant ihould be located not far from the junction of the Scranton Division with the main line, so that the coal gtored can be
shipped readily to ihe north or south, according t<» the demand for it, without extra haul. It should also provide for
extension, so that if necesearr in the future 100,000 to 150,000
tons can be stored. Such a plant, with the capacity first mentioned, can be built at a cost estimated at |50,(XM), and will be
capable of extension to 150,000 tons with but comparatively
slight additional ex|)ense, and I earnestly recommend that the
work be started in the early spring, so that we can reap the
benefits in July and later.
Funds should als) be provided for advances to miners for
and surface.
Very neat and suitable stations, with some architectural the purpose of opening and developing coal lands and securpretensions, have been erected for each town, the stations of ing the transportation of coal over this Company's lines.
superior class in the larger towns being heated by steam or These loans can be made at six per cent interest, well secured
hot water heaters, and provided with fire places, ventilators, by mortgages upon the property, and payable like royalties
and water-closets, with good plumbing; the latest and most upon each ton of coal taken out. We have already made adimproved sanitary arrangements have been provided. The vances of this nature, or have agreed to make them, to the exCarbondale station is also furnished with elevators for raising tent of about one half million dollars, and have secured the
baggage to the line of tlie platform and passenger elevators transportation of all coal to be taken out of mines on which
are soon to be added. The freight houses are ornamental in the advances have been made, which will, when these properdesign, conveniently located, and ample for the business. ties are worked to their full capacity, aggregate about one
With these facilities we hope to be able to secure a fair pro million tons per annum. Most of the coal land accessible to
portion of the large and profitable freight and passenger busi- our line has been taken up by the older coal-carrying lines, or
by companies organized in their interest, but there are still
ness of the valley between Scranton and Forest City.
At Scranton we succeeded in making a fair arrangement opportunities to secure more coal in this way, and I earnestly
with the Central Railroad of New Jersey for the joint use of recommend that the funds be provided so that we can avail
their valuable terminal in that city, their large and commo- ourselves of these offers as they are presented.
Other coal
dious passenger and freight stations and ample freight yard roads in the Valley have secured their tonnage by enormous
outlays
ranging
from
$5,000,000 to $10,000,000 for the purchase
being suflicient for the use of both companies. Arrangements
have also been made for securing a considerable through of coal lands. If the necessary funds can be provided, this
Company
can
secure
a
tcnnageof one and one-half millions
freight and passenger business in connection with this
per annum by making loans to operators which are well
Company.
The chief business for which this extension was built is the secured and bear six per cent interest.
transportation of anthracite coal. The first month the line
COAL DOCKS AND TBE8TLES.
was opened (July, 1890,) we carried 25,000 tons. The business
We have now good coal docks at Oswego for shipment to
has been limited by the scarcity of cars and for the reason
lake ports and Canada points, and also at Weehawken for
th'it we were unable
ship
line
to
to tide water, the coal trestle at
not being completed until after January 1, 1891.
Notwithstanding these and other obstacles incident to handling new traffic, the amount carried over the new road in
December exceeded 40,000 tons, or at the rate of about 500,000
tons per annum. It has been the policy of the company to
strictly maintain prices established by the larger companies.
Thus far, notwithstanding the low prices which prevailed, the
rates of transportation have been satisfactory, the average
revenue per ton carried during the first six months being $1 35
per gross ton. Many of the mines with which we have contracts for the transportation of from 50,000 to 100,000 tons per
year respectively have not yet begun shipments. Others are
lust beginning, and the output is necessarily light
but we
have every reason to believe that we can secure 750,000 tons
1891 and 1,000,000 tons in 1892, if sufficient storage grounds
are secured and cars provided for its transportation.
tidewater shipments
but shipping facilities should also be
provided at Cornwall for shipments to Hudson River points,
similar to the trestle of the Pennsylvania Coal Company at
Newburg, the New York Lake Erie & Western R. R. at Piermont, and the Delaware & Hudson Canal Company at Rondout. The company has now secured 500 feet of water front
at Cornwall, well located for this purpose, and I recommend
that this work be started as soon as the necessary funds can
be provided. We should also acquire .500 feet more water
front at this point, and locate on it a transfer for placing cars
on floats for transfer to the New York
New England R. R.,
and a general warehouse for handling merchandise freight,
with a second story for storage also an open dock for coarse
freight; and a small floating elevator for transferring graia
from cars to boats. The facilities of the West Shore Railroad
in New York are now inadequate for handling the joint
tonnage, and no provision is made for future growth and development. Annoying blockades are frequent, and we have
COAL CARS.
The Company now owns, December 31st, 2,300 coal cars. often been obliged to decline business on account of the lack
1,500 of these are new cars with capacity of 20 gross tons, of terminal facilities at Weehawken and New York. This
and 800 are old cars, average capacity about 18 tons. The terminal at Cornwall would be available at least nine or ten
Company will receive 1,000 cars on the Car Trust plan during months in the year to take certain classes of business, and
the months of January to April inclusive, which will make thus relieve the present terminal. The rates for towing from
Cornwall are low, and arrangements for towing and delivera total of 3,800 coal cars.
Under our contract with the Delaware & Hudson Canal ing the traffic we might desire to send by water could be
made
upon very favorable terms.
Company, for transportation of their coal from Sidney to Utica
and Oswego, we agree to provide our quota of cars on mileage
ADDITIONAL FACILITIES.
basis.
This, if the business holds up, will require at least
We have endeavored to anticipate the needs in the way of
1,000 cars the greater part of the year, leaving but 2,300 cars equipment, yards and sidings, and other
facili ies, that may be
for transportation of coal the Company has contracted
to carry required on account of the coal business, and have done much
for individual collieries. Of these cars, those which are
sent in this way toward improving both the road and equipment;
to the Oswego or Weehawken coal trestles, or to local points but
the coal business is still new to us, and it is quite probable
on the line within the control of the Company, can be relied that further expenditures on capital
account will be made
upon to make the round trip from the mines to destination necessary by growth of this very
important feature of our
and return within 15 days, or say two loads per month; while traffic.
cars which are sent to Canada, Buffalo or New York State
ZIO ZAQ TUNNEL.
points on other roads will be gone 20 days, and cars sent to
The approaches to the tunnel between Walton and Sidney
New England, via the Central New England and Western
KR., or via Newburg, require a full month to make the were completed to grade and the heading (which is also on the
round trip. If half the coal is destined to long-distance grade line fuU width of the tunnel section, and an average of
points, making a general average of 20 days, or one
and one- nine feet in height), pushed through on the 23d of December
last.
There now remains to complete taking out the top or
half round trips per month, then the utmost
capacity, with
semi-circular section, laying the side walls and arching of
the number of cars we shall have after filling our
D. & H.
quota, will be, say, 70,000 tons per month. It is therefore about one-third the distance through the tunnel (which is a
total length of 1,620 feet), and laving track and ballasting with
quite apparent that we shall require more coal cars
during
stone.
This we hope to have all completed so the tunnel can
the coming year. Exactly how many depends largely
upon
the progress made
can then save the cost of pushing
opening and developing new mines, and be used by May 1 next.
freight and passenger trains over the Zig Zag, which in recent
the markets to which the coal is sent.
months has with our increased tonnage added about $30,000
COAL STORAGE.
per year (or twice the amount of interest on cost of tunnel) to
The question of coal storage is one of the greatest import- our operating expenses, to say nothing of annoying delays and
ance, and our shipments during a large portion of the year extra cost of repairs to eauipment on account of operating
will depend entirely upon such facilities.
During the summer over the heavy grades ana curves of the Zig Zag.
months there is little or no market for the smaller sizes, pea
The physical condition of the road and equipment is now
and buckwheat, and as we have contracted to take this coal much better than ever before, and this, together with the
as it runs from the mines, we must have facilities
for storing large increase in earnings from the coal business, will still
at least 60,000 tons; at some convenient point
on the line where further reduce the ratio of operating expenses.
it can be quickly and
cheaply reloaded and shipped when the
Yours truly,
market demands these sizes. This coal can be bought cheaply
J. E. CHILDS,
Qurmg the summer months, and the advance in price, if sold
Decsmber 81, 1800.
Oeneral Manager,
Weehawken
;
&
;
;
m
m
We
..
.
THE CHRONICLE.
172
%ht Q^ommttcml gittjes.
COMMERCIAL EPITOME.
Friday Night, Jan.
23, 1891.
The week has been a disappomting one, not only in regular
Washington
trade, but in speculative circles. Legislation at
has been impeded by bitter contests of a partisan characterSome banking institutions at the West have been in troublebut their relations with this market have been very Umited.
Money has become extremely easy. The weather has turned
milder, with heavy rains, under which the ice has disappeared
from our harbor, and local floods in the interior have done
some damage; but at the close th? skies are clear and the temperature genial.
Lard on the spot has gradually cheapened in prices, under
very free offerings, but at slight concessions buyers of large
lines have appeared and the transactions of the week are fully
15,000 tcs., half of which on Wednesday, closing to-day at
6'50c. for prime city and 6-05@6-07}^c. for prime Western,
with refined for the Continent quoted at 6@6-40c. The speculative dealings in lard for future dali very have also been active,
but prices declined under free selling by Western packers, who
were led to offer freely by the arrival of swine in large numclose was steady at the decline.
DAII.T OIAMINO PKICBS OF LASD FnTUSES.
Thur.
Fri.
Wed.
Mon.
Tuet.
Sat.
6-04
6-10
6-03
600
608
611
January deliveryo.
6-04
6-02
6-01
6-11
6-09
608
February delivery
c.
6-15
6-13
6-20
6-20
6'24
619
March delivery
o.
6-30
6-26
6-24
6-31
6-35
6 32
April delivery
c.
6-36
6-31
6-38
6'35
6-38
643
o.
May delivery
bers at
Western
points.
The
Pork has declined and closes quiet; quoted at $10iglO 75 for
50® 11 75 for new mess, $9 50@10 for extra prime
and $11 75gl3 50forclear. Beef has remained quiet and nearly
nominal; extra mess, $7@7 50; packet, $8@8 50; family, $93
10 per bbl. extra India mess, $13@14 50 per tierce. Beef
hams quiet at $12@ 12 50 per bbl. Cut meats have had a brisk
sale, and to-day pickled bellies, 10 lbs, average, brought 5J^o.,
closing quoted as follows: Pickled bellies, 5@5%c.; pickled
shoulders, 4@4J^c., and hams, 71^® 8c. Smoked shoulders,
6/^@53^c., and hams, 9S9J^c. Tallow is quiet at if^c. Stearine is quoted at 65^@6%c., and oleomargarine, 53^c. Butter
dull at 23@ 28c. for creamery. Cheese is firm but quieter at
old mess, $11
;
•
83^@10i^c. for State factory, full cream.
Coffee on the spot shows no decided change. Rio No. 7 stil'
quoted at 17^c. The business has been mainly in lots afloat,
and included to-day No. 7 Rio at 17i^c. No. 5 do at 17Jgc. and
No. 8 Santos, nearly due, at 17J^c. There has been also a
good business in mild grades, including 3,700 bags Maracaibo
to-day at 21® 213^0 for good Cucuto. The speculation in Rio
options has shown strength, and to-day there was some advance, on stronger European advices, which led to a demand
to cover contracts, closing steady with seller as follows:
January
1705o. April
15-90o. July
15-30c
I
February
March
16-55o.
16-20C.
I
May
I
15'70o.
15-45c.
June
—showing an advance
for the
week
of
I
September.
Deceaiber
10@25
14-75o'
13-85o'.
points.
Raw
sugars have further advanced, with a good degree of
activity, closing at 4 15-16c. for fair refining Cuba muscovado
and
5 %c. for centrifugal of 96 degrees test. Refined sugars
are quieter at the advance to 6^c. for standard crushed. The
tea sale went off at full prices on a moderate offering, and
today the market was active at private sale.
Kentucky tobacco^ though fairly steadv, continues quiet
and sales for the week are only about 150 hhds., mainly for
export. Seed leaf has been much more active, and
sales for
the week foot up 2,778 cases, as follows: 1,840 cases
1889 croc
Wisconsin Havana, SJ^c. to 12i^c.; 250 cases 1889 crop,
Pennsylvania Havana, 13c. to 30c.; 160 cases 1889 crop.
New Eno-*°
"'^^
1889 crop, ^tate Havana,
1^ ?^Qf°^'o'^-
*^oL^
COTTO N.
Friday. P. M.. January 33, 1891,
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 178,943 bales,
The Movement of the Crop,
against 174,855 bales last week and 317,177 bales the previous
week, making the total receipts since the 1st of Sept., 1890,
5,066,556 bales, against 4,803,160 bales for the same Deriod of
1 889-90, showing an increase since Sept.l, 1890, of 268,396 bales.
Receipts
at—
Spanish
and 200 cases sundries, 7i^c. to35c.; f^TOO
Havana fillers, 72>^c. to $1 15, and 75lales Sumatra^
00
teW
Refined petroleum is dearer at 7-45c. in bbls.
and 9-45c in
cas^: naphtha, 7-lOc.; crude in bbls., 7-lOc., and in
bulk, 4-55c
Crude certificates were active under speculative
influences
and the price advanced, closing at 76Vc. per bbl
Spirits turpentine is steady at
39\@40^c., but closmif
quiet. Rosins are steady at |1 403$1 45
for strained but aTso
quiet.
Wool 18 duU. except for low grades, Hopscontinu^
continue
depressed by the dulness of trade.
^
Mon.
Sat.
Galveston
2,786
Thurt.
Wed.
Tues.
3,640
2,512
1,733
El Paso, Ac, .
^few Orleans... 13,012 10,893 15,630 10,341
752
1,931
1,438 3,072
Mobile
Florida
3,033 4,878 2,905 4,590
Savannah
Brunaw'k, &c.
977 2,339 1,054 2,870
Charleston
Fri.
Total.
1,298
1,975
3,660 14,222
14,022
1,975
67,758
8,472
2,053
I
532
697
236
2,220
4,942
4,863
2,265
22,568
4,863
12,784
3,279
236
PortEoyal,&c
flrilmlngton
590
1,243
947
618
1,847
897
201
6,142
2,736
1,022
4,781
1,083
1,414
1,265
2,447
2,756
1,454
705
530
1,092
1,186
1,210
2,419
1,443
2,764
1,248
754
306
456
16,553
6,937
2,764
6,346
2,716
2,793
1,813
. .
WaSL'gton, &c
Sorfolk
West Point...
670
N'wp'tN'8,&c.
New York
Boston
Baltimore
PMladelph'a.&c
905
625
201
45
2,793
74
44
670
21
129
875
Totals this week 27,396 32,212 30,182 26,510 19,460 43,183 178,943
For comparison we give the following table showing the
week's total receipts, the total since September 1, 1890, and
the stock to-night, compared with last year.
Receipts to
Jan. 23.
(Jalveston...
ElPa80,&c.
Hew Orleans.
Mobile
Florida
Savannah.
..
Brun3.,&o.
Charleston ..
Norfolk
West Point.
NwptN.,&c
New York. ..
Boston
Baltimore.
Phil'del'a,
..
&o
1889-90.
1890-91.
TMs
Since Sep.
1, 1890.
This
Week.
849,859
151,176
361,827
6,142
161,585
3,281
471,638
253,130
53,232
49,920
57,599
38,832
29,679
596
201
16,553
6,937
2,764
6,346
2,716
2,793
1,813
1,
1889.
17,009 739,820
12,197
2,284
68,034 1,599,091
7,569 213,229
798
20,795
16,354 818,791
4,917 138,750
4,539 291,515
1,728
3,119 121,150
215
3,496
8,219 336,856
8,044 269,432
1,438
39,939
4,815
65,893
43,854
2,541
5,048
46,672
1,949
39,902
1,975
16,248
67,758 1,487,406
8,472 223,279
236
33,298
22,568
4,863
12,784
Stock.
Since Sep.
Week.
818,951
14,022
P.Eoyal,&o
Wilmington Wa3h'tn,&c
178,943 •5,066.556 146,892 4,803,160
Totals
1891.
1890.
93,793
41,355
332,495
56,374
285,384
19,525
96,529
10.316
54,127
58,695
18,103
31,404
23,804
15,286
67,143
26,831
21,673
118,299
21,000
9,334
6,406
41,539
4,237
134,662
9,948
7,369
17,084
938,174
681,591
......
In order that com parison inay be made wit h other v ears,
give belov t he tota Is at lead ng port s for six seasons.
Receipts
at—
1891.
10,385
49,911
6,377
11.865
5,699
2,189
11,178
11,096
20,831
13,394
51,135
13,057
18,058
6,630
1,938
12,121
4,618
13,855
178,913
146,892
177,821
90,130
132,531
134,804
..
Wilm'gt'n.&o
Norfolk
Wt Point, Ac
others
Since Sept. 1
1886
8,964
24,833
4,471
12,240
8,435
3,122
5,265
10,146
12,654
Charl'9t'n,&c
Tot. this week
1887.
14,500
55,414
10,332
18,246
11,251
2,999
17,815
14,934
32,330
Orleans
Mobile
AI'
1888.
1889.
19,293
58,034
7,569
16,334
4,539
3,334
8,219
9,482
20,068
Sew
Savannah-
1890.
we
15,997
67,753
8,472
22,568
12,784
6,343
16,553
9,701
18,767
Salv'ston, cfcc
5066,556 4803,160 4319,013 4486,132'4346,)72 4113,246
The exports
for the
week ending
this evening reach a total
122,632 were to Great Britain, 33,645
to France and 37,226 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1890.
which
of 173,493 bales, of
EnM no Jan.
Bxporitd to—
Week
Exports
Great
ContiBrtt'ji. France nent.
^"IS^aP- *•' ^^ "^^ 1889 crop,
^^X' IL^^i/^iK^P'
Dutch,13c.
tol4c.; 150 cases
1889 crop, Zimmer's
18>ic. to 16c.;
[Vol, lAl.
Galveston
New
Orleans..
35,993
26,922
Mob. & Penc'U
Savannah
10,617
Brunswick
S,M2
CharleBton ....
WllmlnKton...
Norfolk
12.846
4,329
Week.
1
87,893
56,664
14.846
5,260
14,866
13,923
13,923
West Point....
N'portNws, &c
New York
3,840
3,810
Boston
4.213
3,508
1,411
Baltimore
Phlladelp'a,4c
Total
Total, 1889-90.
1,S20
7,009
2U
Prom
Sept.
1.
1890. to
Jan
23, 1891
Exported to—
8.6121
9,006
9,01S
i
Total
1,900
16,796
23.
17,547
4,464
3.508
1,411
artat
Britain. ^'•'"•«
388,566: 24,933
607,164 287,501
67,960
104.971 32,938
84,624
92,967 16,380
74,228
1,647
177,4611 11,549
90,836'
7,919
234,860
92,720
41.992
12,8541
19,382
9,241
Continent.
Toua.
85,496
498,995
358,813 1,151,434
67,950
443,848
303.949
99,083
14,459
260,194
150,907
52,110 187,983
230,191
31,181
10,551
108,769
2.400
35,424
1,865
110,387
17,919
863.011
96,120
88,657
14,009
122,«22
22,645
27,226 172.493 1,978,802 403,614 1,184,717 3,646,838
84.738
23,887
25,484 134.0.39 1.980,506 416,363 1,105,815 3,502,484
V
.
January
24,
wn
J
'
THE CHHONHJLE.
i
In addition to above oxport8, our telograius to-niKlit also
give U8 the following amounts of cotton on Bhipboard, not
ad<l similar figures for
cleared, at the ports named.
New York, which are prepared for our siiocial UM by Messrs.
Lambert. 24 Beaver Street.
Carey, Yale
We
The Sales and Pricks of Futukes
178
are
shown by th«
following comprehanaive table:
&
not cleared—/Or
On Shipboard,
Leaving
Jan. 33 o<-
Britain.
NewOrleuu...
Mobile
CUurleston..
..
Savaunab
9,912
26.958
13.000
7.600
2,500
None.
None.
None.
None.
None.
28,8.50
Oalveston
Norfolk
New York
Other porta....
39,500
2,800
33,000
Total 1891... 163,208
Total 1890...
TOUl 1889...
60,065
77.099
Ooatt-
Other
rranet. foreign
Great
1.250
None.
\
!
i
11,162
1
6,678
11.2G3
;
!
Stock.
Total.
wiee.
19,959
None.
6,800
8,400
1,542
4,500
3,300
25,000
2.000
1.600
2,800
9,478
1,600
None.
None.
58,032
15.000
16.000
13,700
39,870
45.500
7„150
57,000
274,403
41,374
69,501
18,581
252.452
685,7.i2
64,450
42,390
13,026
23,964
146,219
156,716
535,372
760,021
1,203
aii.v^^
82,829
53,923
21.643
110.949
62,414
The speculation in cotton for future delivery at this market
was moderately active at declining prices during the first half
of the week under review. Recent maximum crop estimates
were the dominant influence— having seemingly entire con.
There was
trol of this and the leading markets of Europe,
occasionally a disposition to dispute the estimate of 8,000,000
bales, but nobody expressed confidence that the yield will fall
much below those figures. A drop in silver had no effectThe movement of the crop at the ports and the principal interior towns continued on a moderate scale, but it is so generally believed that planters are holding back cotton that 3urrent figures have little influence. On Wednesday an improvement at Liverpool was followed by some recovery
brisker
demand to cover
market,
on
a
in
this
were not mainbetter
prices
but
the
contracts,
tained
the
in
dealings
later
Tlmrsday there was a
of
that
On
day.
improvement, attributed
slight
to
fvival of speculative confidence, but prices fell oS rapidly in
he last hour under sales to realize, stimulated by pretty full
receipts for the day at some of the principal interior towns.
To-day the crop movement, both at the ports and at the interior towns, showed sufficient increase over last year to give
fresh credit to maximum crop estimates, and a further decline
took place, Liverpool having shown renewed weakness.
Cotton on the .«pot declined l-16c. on Saturday and 1-1 6c, on Monday, without promoting activity of trade. Stocks remained
inparatively smaU. The market to-day was dull and weak
'J^jC. for middling uplands.
The total sales for forward delivery for the week are ,506,400
bales.
For immediate delivery the total sales foot up this week
939 bales, including 313 for export, 596 for consumption,
- 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 January 17 to January 23.
1
1
•
—
—
—
—
UPLANDS.
Ordinary
Strict Ordinary
Good Ordinary
Strict
noniTaea Wed Til.
6%
6%
6%
6%
Sat.
.yib.
6n.,
Good Ordinary..
Low Middling
Low Middling...
»M
8.'"
8Hi
8 '8
8',,
.Middling
91*16
Strict Ciood .Middling..
GULF.
im im
Sat.
Ordinary
Ordinary
Gjod Ordinary
Strict Good Ordinary.
.yib.
Rloi.t 'roeii
Strict
714
71I1,
Low
8»;,
8i»,e
95,6
MidillinK
Strict Low Middling...
MlddliUK
Good Middling
978
IOJ4
11
9'8
10»4
11
105l,
ll'is
11^1«
MIddliug Fair
Fair
73,«
7»8
l'4"
sis
8^8
9I4
938
8^8
9>4
958
913,,
913,
1038
Good Middling..
10%
Middling Fair
Fair
STAINED.
11%!
m,a
12
1115,,
Sat.
Good Ordinary
Strict Good Ordinary
• lb.
Low Middling
Middling.. ..r.
105,,
i„
101
73] e
8I1B
8^18
813,,
93„
S>
9^8
Mlddllne
Strict
§?'«
813,,
Strict
Good
73,6
?.>
938
Fr<
6%
73i«
81,6
8'l6
8'l
8
813i,
9-'s
10 14
11
IOI4
11
11
im
111«
1113
Wed
Tl>
7»,«
758
8I3
8'8
914
958
73,6
7=8
819
7<,„
j
6I9
7.<,«
7%
81,2
8'8
768
8>s
8''8
914
9=8
9l»,f
I
!
93„|
913,fl
105,8
105,6
105,8
914
95h
10U16 10u,a 1011,6
117,„
in,8
11
ll'»l^ ll"ie lll».« 11"|6
1011,,
non Tnea Wed Tb
6*,g
•>16
93,,
938
O's
10>4
938
Fri.
61a
7>e
61s
7ie
61a
7ie
8
6>9
716
8
8
8
8
8l»t
8l«i«
8»»ni
8i»te
8'3i«
MASKBT AND SALSS.
,
'
1
.
The total sales of cotton on the snot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
• column which shows at a glance how the market closed on
•ame days.
SrOT MAKKBT
SALES or SPOT AHD TBAXSIT.
Bate$if
CLGSID.
port.
Oon- Spec- Trantump. uTt'n $iU
FHturet.
Total.
....
Saturday Easy at 1,, dec.
Monday.. Q'tAaVy, ii,do.
Tueeday.. Quiet
Wed'day Qnlet
Thoraday Quiet
Friday...
Toui...
....
105
393
67
123
149
102
....
939
105
343
50
87
123
149
102
DuU
343
696;
••••
....
100.900
119.000
57,200
* Inoludes sales in September. 1S90, for September, 228.300; September-October, for October, 349,300; September-November, for November,
382,700; September-December, for December. 947.300.
The following exchanges have been made during the week:
09 pd. to oxoh. 600 May for June. •20 pd. to eioh. 1,000 Feb. for Apr
02 pd. to cxch. 300 Auk. for July. •1 1 pd. to eich. 500 Mch. for Apr.*
16 pd. to oxoh. 400 May for Aug. •39 pd. to exch. 100 Feb. for June'
10 pd. t« exoh. 2.100 Apr. for Btay 10 pd. to excb. 100 Feb. for Meh.
16 pd. to exoh. 500 8ep\. for July. 21 pd. to ezob. 500 Mcb. for May
The Visible Sopply of Cotton to-night, as made up by cab'a
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week's returns,
imd consequently all the European figures are brought down
to Thursday evening.
But to make the totals the complete
fignres for to-night (Jan. 23), we add the item of exports from
606,400 the United States, including in it the exports of Friday only.
83 300
35,000
109 000
..
...
TBE CHRONICLE.
174
Btockat Liverpool
Btockat London
Stock
Btoek
Stock
Stock
Stock
Stock
Stock
Stock
Stock
1890.
1889.
970,000
16,000
706,000
5,000
711,000
7,000
192,000
3,000
66,000
6,000
7,000
986,000
2,100
143,000
7,000
300
6,000
156,000
3,000
85,000
7,000
12,000
457,800
421,400
1891
940,000
20,000
hales
960,000
3,300
164,000
9,000
Total Great Britain stock.
Hamburg
etoclt at
at Bremen
at Amsterdam
at Rotterdam
at Antwerp
at Havre
at Marseilles
at Barcelona
at Genoa
at Trieste
500
Total Continental stocks
Total European stocks.. .. 1,417,800 1,407,400
Indiacottonalloat for Europe.
133,000
63,000
Amer. cott'u afloat for Europe
538,000 523,000
i;K,rpt,Brazil,A-c.,afltforE'r'pe
51.000
32,000
StocK in United States ports
938,174 681,591
Stock in U. S. interior towns.. 390,624 299,377
United States exports to-day.
17,034
17,704
.
Total visible supply
1888.
746,000
30,000
2,400
14,000
23,000
776,000
5,000
43,500
26,000
400
500
300
900
110,000
3,000
20,000
5,000
7,000
183,000
3,00C
43,000
5,000
5,000
185,300
31 4,700
896,300 1,090,700
70,000
102,000
430,000 493,000
36,000
48,000
922,737 949,276
364,725 363,197
15,783
27,929
3,416,302 3,093,902 2,781,691
3, 017,961
Otthe above, the totals of American and other descriptions are as follows:
American—
Liverpool stock
j«.. .bales
646,000 754,000 586,000 561,000
Continental stacks
355,000 330,000 126,000 182,000
American afloat for Europe... 538.000 523,000 430,000 493,000
United States stock
938.174 681,591 922,737 949,276
UnitedStatcsinteriorstocks..
390.624 299,877 364,725 363,197
United States exports to-day.
27,929
17,704
17,034
15,778
Total American
Matt Itulian, Brazil, die.—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, <Stc., afloat
2,885,502 2,605,502 2,457,391 2,564,261
Total East India, Ac
530,800 488,400 334,300 453,700
2,885,502 2,605,502 2,457,391 2,564,261
rotal
294,000
20,000
102.800
63,000
51,000
American
216,000
16,000
91,400
133,000
32,000
120,000
5,000
59,300
102,000
48,000
185,000
30,000
132,700
70,000
36,000
Total visible supply
3,416,302 3,093.902 2,791,691 3,017,961
Price Mid. Upl., Liverpool....
5:i,fd.
5i2d.
6isd.
S^sd.
Price Mid. Upl., New York....
lie.
93ec.
9''8C.
lOiii.c.
'
The imports into Continental
ports this
At the Interior Towns the movement—that is the receipt?
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1889-90— is set out in detail in the
following statement.
'
"
' g
'
rr^X — «
.-
C
•
o
Of
»t»i2.»'
'
.
.
» W.
lalveston...
few Orleans
Mobile
Savannah
.
911,6
91118
95 8
9-4
9n«
9
'forfolk
9',«
Boston
9%
Baltimore...
Philadelphia
..
Memphis
9
9^
g-'e
9%
91s
9''e
Louis....
Cincinnati..
.
VlOSMQD<I
914
9%
9\
9
9
9i,„
93e
91s
9M
9U
9%
Montgomery.
.
Kashville
I
ill"
9»8
914
iV
9»8
8l3i»
8%
918
9-16
Natchez
97,6
97,8
9'8
9-'9
938
914
914
914
938
Little Bock...,
914
8I4
8I3
858
Fri.
i^
t^
9%
9'8
938
914
The closing quotations to-day (PViday)
Southern markets were as follows:
Atlanta
Columbus, Ga.
Columbus,"Mis8
Eataula
on—
Thurs.
8''8
9ifl
914
914
914
936
9>4
914
939
9"4
9'l6
81^,6
S;«
93e
"she
9143. 3a
914
St.
Louisville.
914
9%
YUmlngton
Wednes.
9U,e
.
Charleston.
Augusta..
Tues.
ifon.
9l4S»8
938
914
914
9I4
9I4
9I4
938
9H
938
at other important
8%®9
Ealelgh
Borne
Selma
sure veport
8'3
„"'
Receipts From the Plantations.— The following table
Iniicates 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
fiaally reaches the market through the outports.
Week
Riceipta at the Ports, St^k at Interior Towns. Rec'ptt from
FlanVm.
1888-89 1889-90 1890-91 1888*9 1889-90 1890-91 1888-80,1889.90 1890-91
254.913 252,256 268,327 427,347 365,002 453.481
240,012 218,408 270,7i?2 460,023 405,332 406,0110
202,924 218,840 246,98a 448,660 [417,500 488,883
169,119 139,826 217,177 436,668 305,470 488,500
149.178 158,868 174.855 407,093 359,020 4 47,508
177.821 146,892 178,9431389,643 325,079|416,8.>1
Jan.
'
298,443 296,539 308,161
272,719 288,648 314,281
191,560'230.8(18'238.912
146,027 117.736! 194,884
120,703 122.418 166,773
160,371 112,95l|l48,2ea
1
1
—
The above statement shows: 1. That the total receipts from
the plantations since September 1, 1890, are 5,469,794 bales; in
1889-90 were 5,115,795 bales; in 1888-89 were 4,693,281 bales.
2.
That, although the receipts at the outports the past week
were 178,943 bales, the actual movement from plantations was
only 148,286 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 112,951 bales and for 1889 they were
—
160,371 bales.
Overland Movement foe the Week and since Sept. 1.
statement showing the overland movement
for the week and since September 1. As the returns reach us
We give below a
1890-91.
MW M^MM M -q M M M M Oi
- O M M 00
to O b ©b M Oi <I |*>.© cc o» O
CD QC CC -J Oi en O CS
O O O CD M O 0» 00 QD a>
t0^^CO^CflMtf.C0O«aC0OCCO^-q
©pD
r-
CI
""Ota; :
00. >
•
.
Satur.
,
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given.
This weekly
publication is, of course, supplementary to the more extended
monthly statements. The results for the week ending Jan. 23
and since Sept. 1 in the last two years are as follows:
1- eg;" o
"^
ou. LIl.
[
oiosiNO quotations fob middlino cotton
Veek ending
Jan. 23.
week have been
The above figures indicate an increase in the cotton in sight
to-night of 323,400 bales as compared with the same date
of 1890, an increase of 634,611 bales as compared with the
corresponding date of 1889 and an increase of 398,341 bales
as compared with 1888.
:^
Quotations fob Middllng Cotton at Other Markets.—
Below we give closing quotations of middlinn cotton at Southem and other principal cotton markets for each day of the week
80,000 bales.
le
—
.
.
January
rf».
23.
rf-
Week.
1889-90.
„
Since
Sept.
Since
,
Week.
1,
gfpi_
I
—
0>
cc
a CD (v cc
rf^
CC
c;i
00 O' 0) o< CO
=3 10 QO 00
)-•
lU (X CO
*(•
lf>>
CD •q
IC
M
ocoacccoMto
-^J
tn
^
O tw
C)l
to
Qt
Shipped
via St. Louis
Via Cairo
Via Hannibal
Via Evaneville
Via LouisvUle
Via Cincinnati
Via other routes, &o
^^HO^h-C0tCM05-^r'MW<J0DtO01OltOi-qpC0«W<|rfx<ip^_;-WMi-'wSSfc0
10 COO ^ C !** h*b otoilooiGc'^ cc'co w**. tn
c;'>f^c;»OJCOOiK;oscDtoto>-cDit'©too*»
o
S5£2^'^°°'5*^"^WCiC0CDO'K)O:CT)Ot
wcnT^Kccto^j^-MVcoi-wo'tDaSa)
^*JtO*.-qCOMOQDOOOlfcODOOMC»*^(oS
^p
CJ
to
ti.-^,^
«,>-'i^,*^
CD
o'tZ <1
^*^
rf^ IB"
-J
©QD W
MM tOM Oi cob V. Oj CD cn
OaDOCCCDOit*ife.GCCDO'|(WQC*».OC;itvWC;»
to
w
25,357
7,713
4,029
2,158
5,413
4,441
1,043
387,625
197,742
75,606
17,858
133,866
124,965
117,349
20,033
13,782
1,877
5,518
9,086
3,446
345,218
246.323
49,116
15,466
85,474
142,880
112,842
50,154 1,055,011
53,897
997,318
13,668
1,517
1,802
176,030
74,697
51,236
14,353
1,348
4,183
196,321
48,030
73,879
16,987
301,963
19,884
318,280
33,167 753,048
to Canada.
34,013
679,038
.
Total gross overland
Deduct shipments
Overlaurt to N. Y., Boston, Ac.
—
S
o
8
*
Between
interior
towns
Inland, &c., from South
^WO^OOO-'CiCtOCJOMMMOCDOlCncl
•
Total to be deducted
MMM w MCO
^i^
^^ QDOCOCnMCnrffca
CD O CO tn 00 OS CC CO V Vi
Leaving
i^i*
»)fc-O0SCCh-o
M
OD to ex
ocmcc^omVi
H*^IOi^tSICCd
QDODifkCJttOCDO
CO
M
(04*.
>-•
COitfc^tOCtOiW
*»
M to
b
occpoacocLcoC)
lU
h-
COOOOOIKK'F-
*.
M
tip
to
MM
g e *; CO CO CO
jfc
CO to
WM«^
b
»1
'(4
'
o
io'ow-i' »•
coi^iua*;
CO
X CC 10
^:
m
CO
CO
1890-91.
In Sight and Spinners'
<>.
Takings.
Mifc
o M CO a 01 cj Vj oc 00 w
C>C(;c»*-MCli~ltO^<10j5coODi^-3oMS
»W
rail
overland exhibits an excess over a year ago 74,010 bales.
Week.
?f
to
3
CO
M
movement by
this year has been 33,167 bales, against 34,013 bales for the
week 1890, and that for the season to date the aggregate net
to
tOjfc.
Including
The foregoing shows that the week's net overland movement
M
SSr9'^**''>*0-.*-H>10CD^IOOIO!5
CO (X- » CD <i cotcp acD CO »oo o> 5 5d Si
Sw
W— "«. OOVO'O VCO'-J
U'
2 £ ~^ .t *^ V" *'
cooax^itvcomtcQD^cotj^Qc^Mcoctf^
-»
CO
*
"^:^H:S?2E='®"®'^o^'o"pi>-S-5m
~llfcU>»i|.O*-QDC0r-(0O'-'*""SO(-'S
total net overland*
to CO to CO
M^.ifrCOWi-So
*.J?*^t^OMCOC*4'-4b« mI-'cO CO CD to to Cn"^
jacjooco^-ccoseMfoooSSoScocfcti
1%
Receipts at ports to Jan. 23
Net overland to Jan. 23
Southern consumption to Jan. 23
Total marketed
Came
into sight during
Total in sight Jan. 23
The above totals show that the old Interior stocks
durmg the week 29,202 bales, and are to-night 90have
747
bales more than at the same period last year.
The receints a
the same towns have been 23,148 bales
more than
deo'eased
the
^""^ """^^ S«pt' 1 the receipts at all the
oo'o'iiJ?*^'
are 808.186
bales more than for the same tVme in 1889-90,
wme
^wZ
1889-90.
Since
Sept.
I
Week.
1.
Since
Sept.
1.
78 943 5,066,556 146,892 4,803,160
33,167 753,048 34,013 679,038
lljooo 275,000| 10,000 260,000
'223,110 6,094,604 190,905 5,742, 198
Interior stocks in excess
Louisville Himres "net" in both years.
'Last year's figures are for GiiOla.
t This year's agtires estimated.
]
[
*30,657
•
^
105
week
!l92.453
[
403,238*33,941
312,635
1156,964
6,497,842]
6,034,833
Korth'n spinners taK'gs to Jan.23
1.354,918!
1,339,714
~
• Loss in stock during
week.
It will be seen by the above that there has
come into sight
during the week 192,453 bales, against 156,961 bales for the
same week of 1890, and that the increase in amount in sight
to-night, as compared with last year, is 443,009 bales.
~
I
January
THE
24, 18V1.]
Wbatbbr Bbports by Tklerraph.—Our
(
advices by
flRONK LR
176
Jan. 33, 91. Jan. 33, '90.
tele-
graph to-niRht indicate that wliilo in some districts of the
Southwest the niiiifall liiis Ihwi rather heavy, elsewhere, as a
marketioK of
rult>, tlie conditions liave l)een favorable for the
Feet.
r^ett.
New Orleans.
.Above low-wat«r mark.
11-7
10-3
Memphis
.Atiove luw-wiit«r luurk.
211
Naihrllle
.Above low-wat«r mark.
11-8
20-8
33-8
8B-3
.Above low-water mark.
Shreveporft..
260
83-5
,
J
37-3
.Above low-water mark.
Vlnksliiiri;
Odh^eston, Texas.— There lias been rain on two days during
NorR.—
Reports are new made in feet and tenths.
hundredths.
thirteen
and
tlie weelc to tlie extent of one inch
India Cotton Movembnt from all ports.— The receipts
The thermometer has averaRed 43, raiiKing from 41 to 55.
I'tilestinc, Texas.— Vfe have had rain on two days of the and shipments of cotton at Bombay have been as follows for
week, the rainfall reaching llfty-Hve hundredtlis of an inch. the week and year, bringing the tigures down to Jan. 22,
BOMBAY KECEIPTS A5D SHIPMEMTS FOB roUB TKaHS.
The thirinomotor has runtrod from 32 to 58, averagint; 45.
Uuntsvilte. Texas.— It has rained on two days of the week,
JUeeiplt.
SMpmenU this week. Shipmentt linee Jan. 1.
the precipitation reaching seventy-eight hundretUhs of an
Thin
OonliSince
Oreat
83.
Oontilowest
Oreat
highest
59,
Tear
thermometer
46,
Average
inch.
Total.
Week.
Jan. 1.
BriTn. nenl. "»'<"• Britatn nent.
Dallas, TeKas.— It has rained on two days of t'ae week, the
precipitation being ninety-one hundredths of an inch. The isi)! ;i,oooi (i.oiioi 0,000
42.000 00,000 168,000
e.ooo 36,000
thennometer has averaged 40, the highest being 56 and the 18<)0 .">.1KM1 i:i.O(l()'4S.OO0 11.000 91,000 102.000 73,000 186,000
cotton.
lowest
.
.
,
.
35.
three days of the
week, the precipitation reaching one inch and twenty ei^ht
hundredths. The thermometer has averaged 44, ranging
from 28 to 60.
Luling, Texas. —There has been hard rain on two days of
the week, to the extent of two inches and forty hundredths.
The thermometer has ranged from 26 to 63, averaging 44.
Columbia, Texas. It has rained on two days of the week,
the precipitation reaching one inch and sixty-four hundredths.
Average thermometer 46, highest 61 and lowest 30.
have had hard rain on three days of the
Cuero, TcTUS.
week, the rainfall reaching three inches and twenty hundredths. The thermometer has averaged 43, the highest being
68 and the lowest 15.
have had heavy rain on three days
Brenham, Texas.
of the week, the precipitation reaching two inches and sixty
San Antonio, Texas.— It has rained on
—
IHHtt
.I.OiH)
18S8I
1.
JO.OOO 'J5,000
83.000 66,000
60.0001 39,000
«.'5,000
48,000
187,000
109,000
According to the foregoing, Bombay appears to show
compared with last year in the week's receipts of
13,000 bales and a decrease in shipments of 39,000 bales, and
the shipments since January 1 show a decrease of 60,000 bales.
The movement at Calcutta, Madras, and other India ports for
she 'ast reported week and since the 1st of January, for two
"Other porta" cover Ceylon,
year?, has been as follows.
Tuticorin. Kurrachee and Coconada.
a decrease
— We
—We
18.000
12,000
000 13,000114,000
Shipments for the week.
Continent.
Great
Britain.
Oaloutta1891
1890
Shipments nnee January
I
Oreat
Britain.
Total.
Continent.
1.
Total,
'
1
5,000
4,000
3,000
3,000
2,000
1,000
4,000
2,000
7,000
7,000
11,000
9,000
hundredths. The thermometer has averaged 48, ranging from Uadras—
1,000
1,000
1891
37 to 58.
1,000
1,000
1890
Weatherford, Te.vas. We have had hard rain on one day of A.U others—
1,000
2,000
4,000
6,000
...
1,000
1891
the week, the rainfall reaching one inch and eighteen hun1,000
3,000
2,000
5,000
1,000
1890
dredths. The thermometer has ranged from 25 to 53, averaging 41,
Total all13,000
4,000
6,000
7,000
11,000
2,000
1891
New Orleans, Louisiana. —We have had rain on one day of
3,000
6,000
9,000
15,000
2,000
5,000
1890
the week, the rainfall reaching twelve hundredths of an inch.
The thermometer has averaged 49.
The above totals for the week show that the movement from
Shreveport, Louisiana. We have had rain on two days of the ports other than Bombay is 1,000 bales more than the same
the week, the rainfall reaching ten hundredths of an inch. week last year. For the whole of India, therefore, the total
The thermometer has averaged 44, ranging from 30 to 58.
shipments since January 1, 1891, and for the corresponding
Columbus, Mississippi. It has rained on two days of the periods of the two previous years, are as follows:
week, the precipitation reaching one inch and forty-three hunEXPORTS TO EUBOPE FROM ALL INDIA.
dredths. The thermometer has ranged from 24 to 60, averag1890.
1889.
1891.
ing 45.
SMpmenti
Leland, Mississippi. The week's precipitation has been one
This
Since
This
This
Since
Since
alt
Europe
to
inch and twenty-nine hundredtlis. Average thermometer
week.
week.
week.
Jan. 1.
Jan. 1.
Jan. 1
from—
43.1, highest 72 and lowest 29.
42,000 48,000 102,000 25.000
9,000
83,000
Helena, Arkatisas
There has been a trace of rain on one Bombay ports.
15,000
9,000
6,000
18,000
5,000
22,000
ill other
The therday of the week. Cotton is about all picked.
Total
15,000
60,000 53,000 117,000 34,000 105,000
mometer has averaged 40, the highest being 53, and the lowest
—
1
—
—
—
—
28.
—
The past week has been without
Little Rack,, Arkansas.
rain, but cloudy most of the time.
Cotton receipts are small
considerably
behind last year. Average therand falling
mometer
42, highest 56, and lowest 29.
Nashirille, Tennessee.
have had rain on three days of
the week to the extent of ninety hundredths of an inch. The
thermometer has ranged from 26 to 52, averaging 38.
— We
—
Memphis, Tennessee. There has been no rain all the week.
The thermometer has averaged 39, ranging from 28 to 50.
Mobile, Alabama. Rain has fallen on two days of the week
to the extent of seventy-eight hundredths of an inch. Aver-
—
age thermometer
January
Madison, Florida.
Columbus, Georgia.
Telegram not received.
—There has been rain on one day of
of the previous
Beoeipts
21.
the
week to the extent of ninety-seven hundredths of an inch.
The thermometer has averaged 41, the highest being 50 and
—
Savannah, Georgia. Rain has fallen on two days, and the
remainder of the week has been pleasant. The precipitation
reached eighteen hundredths of an inch. The thermometer
has averaged .50, ranging from 34 to 67.
Augusta, Oaorgia.— There has been light rain on four days
of the week, the precipitation reaching eighty hundredths of
an inch. The thermometer has ranged from 28 to 64, averaging 46.
Stateburg, South Carolina. Telegram not received.
Charleston, South Carolina. —It has rained on two days of
the week, the rainfall reaching sixty-seven hundredths of an
inch.
Average thermometer 48, highest 64, lowest 38.
Wilson, North Carolina. We have had rain on three days
of the week, the rainfall re cuing one inch and ninety-five
hundredths. The thermometer has averaged 44, ranging
—
—
64.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3
o'clock January 22. 1891 and January 23, 1890.
two
years.
1890-91.
1889-90.
140,000
2,977,000
60,000
2,623,000
188S-89.
(caiit.irs*)
This week
Since Sept. 1.
This
Situe
week. \Sept. 1.
—We
to 64, averaging 44.
from 25 to
week
Alexantlria, Egypt,
'
1
—
32.
corresponding
46, highest 62, lowest 30.
Montgomery, Alabama.
have had rain on four days of
the week, the rainfall reaching sixty-eight hundredths of an
inch. The thermometer has averaged 45, the highest being 63
and the lowest 28.
Selma, 4/a6ama.— Telegram not received.
Auburn. Alabama. Rainfall for the week, eighty-eight
hundredths of an inch. The thermometer has ranged from 26
the lowest
Alexandria Receipts and Shipments.—Through arrangements we have made with Messrs. Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
This
week.
125,000
2,223,000
Since
Sept.
j
1.
Thit
Since
week. Sept. 1.
1
Eiports (bales)—
To Liverpool
To Continent
11,000 195,000 11,000 197,000 14,000 165,000
8,000 102,000 4,000 92,000
5,000 84,000
Total Europe
19,000:297,000 15,000 289,000 19,000 249,000
pounds.
This statement shows that the receipts for the week ending
Jan. 21 were 140,000 cantars and the shipments to all Europe
19,000 bales.
Manchester Market. Our report received by cable to-night
from Manchester states that the market is easy for both yams
and shirtings. The demand for India is poor.
give the
prices for to-day below, and leave those for previous weeks
of this and last year for comparison:
*
A cantar Is 98
—
We
1899-90.
1890-91.
8H
32» Cop.
Shirtings.
Twist.
d.
d.
:>eol9 838 S8»8
••
26 838 8858
AkD. 2 8i'iga85B
"
9 8»«»8»8
" 16 8*4 ttS^
Collin
lbs-
8.
d.
s.
d.
4>aa7 3
6 4i«3>7 3
6 41a *7 3
6 41a «7 3
6
6
" 23;8»je»87„ 6
4iaa>7
Mid.
Uplds
3
3
5'ie
5S,„
—
818
8i8
8i«
8I4
d.
38»8
assa
»8''8
».
6
6
6
6
d.
1
1
1
8.
d.
97 3
»7
07
3
3
Hid.
Vpldt
d.
»"!«
5»8
^7 3
5?t
8ts,s
»7 3
aSTa
»7 4
6^
81a
Only a very moderate amount
ii'iH
4 «7
Jute Butts, Baoqino, &c.
TteUt.
d.
d.
5'1«
8I4 lbs.
Shirtings.
32» Cop.
8I4
»85|
«8%
3
6 3
|6 4
of bagging has been moved during the past week, but prices
remain steady at 5c. for 1»^ lbs., fiMc. for \% lbs., 6c. for 2
Jute butts are in limited
lbs. and 6^c. for standard grades.
sale at l'lo(ai-20c. for paper grades and i%c. for bagging
quality.
—
1
. ....
..
THE CHRONICLE.
176
IVoL. LU.
The tiXPORTS OF Cotton from New York this week show a
Exports of Cotton Goods from Great Britain.— Below
decrease compared with last week, the total reachina; 17,547
Great
from
goods,
&c.,
yam,
of
cotton
exports
the
give
we
Below we give our
Britain for the month of December and for the calendar years bales, against 30,657 bales last week.
1890 and 1889, as compiled by us from the British Board of usual table, showing the exports of cotton from New York,
Trade returns. It will be noticed that we have reduced the and the direction, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1890, and in the last
movement all to pounds.
column the total for the same period of the previous year.
AU.
lotal of
Cloth.
lornAJhifid.
BXPOKTS OF COTTON (BALES) FROM NEW YORK SINCE SEPT. 1, 1890.M
000< omitlei.
1890.
1889.
1890.
1889.
1890.
1888.
1890.
1888.
Lbs.
23,611
Lba.
Ydt.
YcUl.
TfcTT
Lbs.
Lbs.
431,42(-
Lbs.
75,911
76,090
89,582
408,044
82,040
71,866
106,161
90,201
93,532
168,435
65,356
82,79:-
86,570
108,802
70,687 1.217,027 l,307,90S 223.307 230,818
292,553
301,535
413.716
447,120
356,192
January
February
21,421
March
21,214
21,567
28,009
Tot.lst qnar.
69.241'i
April
23,018
22,386
411,488
May
22,958
June
85,675
21,130
470,674
391,688
Tot. 2d quar.
69,82b
66,864 1,873,771 1,197,157 283.720 211,139
July
21,020
2i,667
23,5!12
Anicust
September
.
Total Sd qr.
88,111
Week Ending—
Exported to—
Jan.
:
Jan.
Jan.
8.
15.
1
Jan.
Total
tince
22.
Sept. 1.
Same
period
previous
year.
i
Liverpool
7,885
1,983
Other British ports..
7,351 10,585
3,775
198,582
36,278
8,667
351
j
246,961
42,958
1
22,700
67,187
Total 9 mos.. 206,256
80,622
22.127
19.969
121,089
420,838
346,230
75.505
86.344
71,871
84,151
88,523
112,01H
74,266
76,809
01,064
93,001
96,662
08,765
81,686
[
303,543:
277,103
106,071i
102,900
45S,626
462,895
450,210
418.68
84,935
73,506
107.602
05,633
412,161;
38i,67i'
75,62'i
87,482
8S,3aU
87,461
79,86S:
1.819.479 244,712 230.366
311,899
285.004
3.824,481 i.754.5H 701,739 662,353
807,995
864.6;12
6S,62S 1.333,88:
vi02,2'<9
Tot. TO Gt. Brit'n.
aavre
9,868
7,351 14,360
9,018
234 860
289,919
1,090
1,430
1,520
19,180
26,764
1,651
Other French ports
Total French
202
..
1,090
1,430
56
799
478
Bremen
Hamburg
...
Other ports
.
Tot. TO No. Europe
1,651
1,614
1,609
1,635
2,410
2,236
3,279
2,912
4,646
1.520
19,382
26,764
1,708
1,193
16,'248
IJO
34,411
34,295
16,290
33,289
28,669
3,051
84,954
78,248
3,958
4,325
19,490
2,850
5,418
i
24,56f
23,247
440,48 J
423.44(1
82,17i
74,814
107,040
98.061
.
23,012
23,914
394.910
72,16)
22,618
20.307
455,8911
76.578
89,812
95,503
108,207
00,400
. .
427.782
395.831
70,256
67,46S 1,2»9,71'0 1.247.042 238.494 220,20a
308,750
287,670
October
November.
December
Total 4th
qr.
8:1,530
00,119
Jp'n.Op'to, Gibr.,&c.l
lllother
Total Spain, &c..
1,057
artlcl
25,127
Total exports of cotton manufaotures
2.167
23.605
1,213,829 1.178.161
The foregoing shows that there has been exported from the
United Kingdom during the calendar year 1,243,839,000 lbs.
of manufactured cotton, against 1,178,165,000 lbs. last year, or
an increase of 65,665,000 lbs,
further matter of interest is the destination of these
exports, and we have therefore prepared the following
statements, showing the amounts taken by the principal
countries during December and since January 1 in each of
the last three years:
EXPORTS OF PIECE O lODS AND TAKMS TO PRIKCIPAL COUNTRIES IN
DECBMBEK, AND FROM JANUaRV 1 TO DECEMBER 31.
PUce Goods.
Bicmibtt
—Januanj 1 to Bccfmfcfr 31.^
A
,
(000s omitted.)
.
1890.
30.031
8i,570
All other COUL tries
Total yards
Total value ....
Tarns.
(000» omttud.)
455.306
£1,920
28,008
24,611
8.«8«.477
710,874
633,607
348.159
515.791
331.983
285,010
385.833
f4,123
398.860
£1.U:<
5.124.271
Holland
Germany
0th. Europe (ex.Turkey)
Eastludles
China and Japan
Turkey and Egypt
AU other
countries
Total lbs
Total value.
Dec^Ttiber
1889.
3.148
8.021
1,316
3.319
2.499
1.658
1890.
3.012
2.710
.
.
.
4.H28
6.164
1,888
8,868
1,087
21,237
£1.030
188'.
181.322
44.951
19.039
28.814
3x,071
26,1S1
18.559
.
North America
.
188-t.
1889.
East Indies
213.316 168,234
Turkey. Egypt & Africa. 52.4(4
52.803
China and Jap in
58.352
52,715
Europe (except Turkey) 28,265 25,83S
South America
46,425
44.502
s
1889.
2,216,471
656,817
557,004
378.828
586.607
321,143
320.884
1S88.
2,313,202
585,176
65^.401
316.850
507.001
311.292
322.490
5.0IJ1.581
5.038,303
£31,388
i52,682
£51.158
^January
1888.
3.361
2.776
4,071
4,989
8.658
1,874
1890.
1889.
3^.VT<
36,093
31.073
33.473
5'.,579
751
52,510
38.057
83,626
10,473
l'J.726
20.1^
258.123
£901
£958
£18.332
December
1 to
31.---
188<
10 11")
65,088
48,854
35.661
25.868
11.142
31,388
49.350
57,8)3
44 813
22 Oil
10.137
~232;i57 liisisw
£11.711
futo
East India Crop.— The Bombay Prices Current, dated
December 20, gives the following:
About half an Inch at Nagpore and a few cents at Khangaum was all
tne rain registered in tho cotton district from the middle to the
end of
last week; and ihougli the weather continued cloudy in some
districts
of the Bengal circle, and cotton picking was likely to be
delayed at
Agra, It liad become bright and seasonabie again In all other ilro\Ta
excepi the Dliollcra districts of Vlrumgaum, where it was still
clmidv
At Broaoli tlie inorningrj were cold and dewy again, and the cotton
was
leady for picking In sdmc jilaces, as it wasalso at Dhollera,
while at
Bhownugger picking had commenced and arrivals were expected earlv
Some 11 cents ot rain fell at Afjra and 36 at Delhi, in the Bengal circle'
after the date of the telegraphfc weather and crop reports
to ha. d at
the beginning of the week; Out none over any other part
of the ootton
area, where the weather generally was season:ible
again, but earlv
arrivals of Barseo will show M:,ck leaf. Cotton plcklni
aooor^ne to
yesterday's advices had partially begun in the Broach
mstrlot;anS
"""'ci, aua at
DhoUera it was ready for picking in some idaees.
Thb Following are the Gross Receipts op Cotton
New York, Boston, Philadelphia and Baltimore for
week, and since September
B»c»m$
trom—
R.OrlMBi.
•Tannab
Niw roBK.
nu
6,487
10,877
«,-60
a<nce
Sept.!.
102,187
268.691
223.817
1, 1890,
BOSTOS.
Philadilph'a
aince
ThU
week.
3ept.l.
wetk.
1,666
53,880
631
303
1.368
BALTIMORI.
TMl
Since
Sept.l. week.
Sept. I
Since
5,826
1,210
81,838
6
8,845
2,262
70,132
215
86,038
33«
7,887
4,»8«
884
74,836
8,960
8,687
88,»I6
897
17
101
11,159
89,696
817,637
6,»4«
48.980
4,954
64,883
138
6,197
_150
789
VkIs T*ai 'n433
815.497
18,626
366,814
2,182
10,889
4,673
14t>,898
850.098'
e.in
54,847
7,t43
116,916
o.Oarol'a.
Ro.Carol'a.
TtrclBla...
Hortbn pti
Tann., Ac.
roralgn....
I<aat
rear
48.537
906.716
18.987i
I
2,143
100
3,958
23,815
8,298
17,547
363,011
403,229
—
Shippinq News. The exports of cotton from the United
week, as per latest mail returns, have reached
94,168 bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
Laclude the manifests of all vessels cleared up to Thursday,
States the past
Total balef.
Nkw York—To Liverpool, per steamers
Celtic, 1,334
Connemara, 2,200
Etruiia, 485
Justin, 1,876
Runic,
1,946. ...Wyoming, 826
8,667
To Hull, per steamer Hindoo, 351
351
To Havre, per steamer La Normandle, 1,520
1,520
To Bremen, per steamers Eider, 1,360
Lahn, 348
1,708
To Hamburg, per steamers Sorrento, 224
Sucvia, 969
1,193
To Amsterdam, per steamer Amsterdam, 50
50
To Christiana, per steamer Norge, 100
100
To Genoa, per steamers (iiava, 648
Utopia, 1,301
1,949
To Trieste, per steamer Utopia, 2,009
2,009
Nbw Orleans— To Liverpool, per steamers Alicia, 6,644 ...
Costa Rican, 6.800.... Guido, 7,003... Inventor, 4,000....
Red Soil, 8,088
32,535
To Havre, per steamers Everest, 4,050
Thordlaa, 6,350
10,400
To Hamburg, per steamer Beechdene, 700
700
Galveston—To Liverpool, per steamer Deramore, 6,313
6,313
Savannah- To Liverpool, per steamer Cheniston, 5,909
5.909
Wilmington— To Liverpool, per steamer Hampton, 7,000
7,000
To Salerno, per bark Vanderbergh, 1,487
1,487
Norfolk— To Liverpool, per steamer Foscolia, 4,180
4,180
Newport New8— To Liverpool, per steamer Anerley 605
605
Boston—To Liverpool, per steamers Bostonian, 2,898
Palestine, 1,482
4,380
To Antwerp, per steamer Grasbrook, 132
132
To Yarmouth, per steamer Boston, 218
218
Baltimore— To Hamburg, per steamer
519
,519
To London, per steamer Memphis, 350
350
To Bremen, per steamer America, 1,450
1,150
To Eotttrdam, per steamer Lero, 433
433
.
,
Total
94,158
fhe particulars of these shipments, arranged in our
form, are as follows:
Bull
Bremen R'dam, Spaiti,
Liver- <t Lon•t SamAnt- Italy,
Tar8,667
don. Havre.
351 1,520
2,901
N. Orleans. 32,535
10,400
700
pool.
New
York.
Galveston
Savannah
WUmingt'n
Norfolk....
N'p't News
Boston
Baltimore
burg, werp.ttc.
150
6,313
5,909
7,000
4,130
<ic.
mo ilK.
3,958
1,487
605
4,380
519
Total.... 70,108
"350
'.'.'.'.'.'.
i',456
70111,920 5,051
132
433
715
usuit'
218
5,445
218
Total.
17,547
42,635
6,313
5,909
8,487
4,180
605
4,730
2,752
94,158
Below we add the clearances this week of vessels carrying
ootton from United States ports, bringing our data down to
the latest dates:
GALVESTON- To
TJl*.
Mobil*
florlda
at
the past
100
Grand Total, ...16.385 11,793 20,657
Total year... 276,5121280,717 5,124,271 5,00I,!>8«'910,238 S82.555 1,216,745 1,162,302
Bnndry
2,148
I
4,405
4,438
85,600
SO
148
Liverpool- Jan. 16— Steamers Darlington, 6,824;
Queen, 4,669 .. Jan. 19-8teamer Qleufleld, 5.830. ...Jan. 20—
Steamers Isleworth,
Orbo,
....Jan. 21-Steamer Mort;
lake, 6,935.
Nbw ORLEANS—To
—
Liverpool-Jan. 1 6 -Steamer Grecian Prince, 1,300
Jan. 17-8teamer Alava, 4,455
Jan, 19— Steamer Texan,
6,600. ...Jan. 20-8teamer Editor, 4,301.
To Havre-Jan. 19— Steamer Dupuy de Lome, 6,811
Steamer Winchester, 5,406.
To Dunkirk- Jan. 16-Steamer lUtyd, 5,320.
To Bremen-J.in. 19-Stcamer Gerona, 9,150.
To Antwerp— Jan. 19 -Steamer Dupuy de Lome, 214.
To Genoa-JaB. 21 -Steamer iDizlatlvau 3.764.
SAVANNAH— To Liverpool—Jan. 16-Bark Valona, 2,489
Steamer Lochmore, 8,028,
...Jan.
20-
...Jan.
21-
To Havre-Jan. 16-Steamer Eopsend Castle, 4,329.
BaCNSWicK— To Liverpool— Jan. 21-Steamer Navigation, 3,642.
OHAELESTON— To Liverpool -Jan. 16-Steamer3 Aslatio Prince, 5,293;
Corona. 4,312.
To Barcelona-Jan. 16-Brlg
Pawnee, 4,210.
Alfredo, 1,050. ...Jan.
22— Steamer
NORFOLK -To Liverpool— Jan. 17-Steamer Clarissa Radcliff, 7,600....
Jan. 20-SteamerE igenie, 6,323.
West point— To Liverpool- Jan. 21— Steamer Inflexible, 3,840.
.
Januaby
THE CHBONIGL&
lavi.]
24
—
BOSTOH-To LlTerpooI- Jan. 14-8teatnert Q«orKlaD, a,»74i Iowa, lf274
...Jan. le—Steamer Samaria, 89S.
To Yarmoulli -Jan. IB-Stearaer Boston, 2U.
Cittplan,
—
•; RoieB41.TI1IOBB— To Uvrriiool-Jan. 13 -Sti'«mi>r»
Wakcfleld,
moro,
,
_« „
....Jan.
a0-8teamer
MlohlKun,
To L'.mton-Jiin. Hi-Stcaim r
PHrkmore.
To llBvre-Jau. lii—.steamer Stranton,
PinLADKii'iiu-To LivtTpool-Jiin. lb-Steamer Ohio, 600.... Jan. 20—
.
;
.
.
Struwer Lord Cllve. S02.
Cctton freights the past week have btujn aa folio vg:
»77
BREADSTUFF S.
nuDAT, January
On Wednes-Iay
23, 18S1.
was a pretty firm market for wheat
There was a good iD(|uiry for export, and loctl dealers
flour.
supplied their wants with ii good degree of spirit. The purchases for export were not large, because many bid» could
not be accepted, holders showing a dlspoeiti m to advance
But on other da>s in the past wet k the market was
prices.
most uncatisfHctory. Thursday the export inquiry continued,
there
but at limits that practi' ally shut out shipping orders. Today the high grades of wheat flnir were weak, but the low
1'.4
Un
>1(4
»ei
grades well held. The wheat market was dull and unsettled
Liverpool, steam d.
«'m
until Wedn< sday, when there was some improvement, stimuDo latedeUv'y.d.l
Havre, steam....*. i's8»»a "sa^'B "sj*^ "sa*^ Hja^'s >'s4«'b lated by stronger cable advices and a better bunineas for exPrices made a fractional advance on an active demand
port.
c
Do
sail
But this was reversed on Thursday, when
»»8«
to cover contracts.
Bremen, steam e.
",2
"»a
»»M
there was a sharp decline, under speculative complications at
Do Indlreot.e.
'>8
»»
98
the West, involving the retirement of one of the largest oper9B
HambnrK, steam.e.
'>B
ators in that section. To-day the market was steadier, on the
Do via ludlreot.e.
40*'
40**
40*
40*
40'
assertion that the available supply for export is small, and the
40Amst'd' m steam e.
weather at the West was unfavorable for crop prospects.
....
Do indirect.. It.
I5„ 17„ There was a fair spot business for home milling.
<l. >»M "e* l'>64-"-4 »«*-"« >»£*-"«* "m-"s4
Beval, steam
DAILY OLOStno rascma of mo. 2 kbd wniTKK whkat
...
.,
d.\
Do sail
wuur. *ilOH.
TU€S.
WtdncM.
Tliurt.
I
,
—
.
;
Sarcelona.steam d.j
Genoa, steam .. .dj
Trieste, steam... d.
»1.
"w
"is
•is
»1S
»1.
»lt
»ie
»16
S|«
H
k
U.
H
H
>e
>«
^
\
H
January delivery
February delivery
March delivery
%
^
July delivery
Antwerp, steam d.l
' Per 100 lbs.
May
o.
c.
c.
o.
o.
c.
0.
delivery
—
Liverpool. By cable from Liverpool we have the f oUowing
statement of the week's sales, stocks. &c,, at that port.
Jan. 16
Jan. 9
I^et.
104^
lOftH
105'9
10358
QTUg
1044)
10413
102=8
10538
10538
Jan. 23
105 14
103 >4
96%
97%
84«8
95
Vea.
;o5%
10578
105'g
10378
JA«r».
fH.
104 Sb
10479
10479
1047e
10278
104%
104%
102%
.
98
9678
97
95 <a
04%
94%
98
97
9678
Indian corn has been irreg iilar and unsettled. The current
supply a? this market has been small, and prices for immediate delivery and for the early future advant ed materially,
although shippers bought no more ban was necessary to
complete thtir freight engagements, entering upon eo new
business; but the wants of local dealers were fully equal to the
offerings.
Yesterday the distant options declined under disturbing Western advio^8. To-day spots and early deliveries
were firmer and the distant options weak, the market closing
August delivery
Dee. 31.
Uov.
105^
A'at.
hB
»i«
Dec. delivery,
9m
97^8
Ws
97k
i
week
33,000
2,000
2,000
37,000
9,000
58,000
910,000
619,000
102.000
91,000
235,000
225.000
bales
Of which exporters took....
Of which speculators took...
Bales American ........
Sales of the
A.otaaI export
Forwarded
Total stock— Estimated
Ot which American—Estlm'd
week
OI which American
Amoont atloat
Ot which American
Total Import of the
78,000
3,000
7.000
60,000
14,000
99,000
942,000
653,000
90,000
3,000
10,000
66,000
11,000
95,000
4«,000
3,000
6,000
35,000
9,000
95,000
938,000|
651,000;
9 10,000
101.000
84,000
220,000
210,000
147.000,
126,000
210,000
200,000
016,000
io6,ooe
79,000
255,000
245,000
The tone of the Liverpool market for spots and futures each
day of the week ending Jan. 33, and the daily closing prices
of spot cotton, have been as follows:
Saturday Monday. Tuetday.
apot.
Market,
1:45
)
In buyers
Flat.
M.|
p.
favor.
Quiet.
Dull.
5'l6
53ie
53ig
UAILT CLOSIHG PBIOSa OF NO. Z MIXBD OOtLH.
Bat.
Hon.
Tuei.
Wed.
Ihuri
c.
59%
59
January delivery
60
60%
601a
6OI4
delivery
o.
58%
5?ifl
6978
February
60
59I4
March rieliveiy
o.
SB's
58
59%
59%
May
57%
Frt.
61%
60 13
69%
58''8
5878
58^
68%
59 14
59 H
59
Oats have been feverishly unsettled, with some irregularity as between early and late deliveries and between white
delivery
Julv delivery
5314
c.
o.
and mixed grades. Latterly choice quantities of white have
brought exEreme prices. To-day whites were dearer, but
mixed somewhat depre.-sed.
'>&iLT CL<>SIN<) PKICSB UP RO. 2 MIXBO OAT
Wednet. Thur$d'y. Friday.
Dull.
dull.
Pressed
for sale.
.
Mld.Uprd8.
Sales
Spec.
5>4
6,000
1,000
Aexp.
8,000
1,000
7,000
1.000
8,000
1,000
8,00i;
Basyat
Easy at
partially
1-64 dec.
Steady at
Baa; at
500
Januarj delivery
Februarv delivery
7,000
1,000
May delivery
Rye has been
tuturet.
at
Market, } Steady
i.iM®a.e4
1:4S p. M.J decline.
2.84 deoline.
at steady prices.
advance,
Bssy at
l^H de-
partially
1.64 adv.
4
Quiet.
P. M.
Steady.
Qnlet.
Dull bnt
steady.
Quiet.
:
aiut 6 01 tneans 6 l-64d.
nion., Jan. 19.
Tnes., Jan.
-iO.
\Open'Ht{lt]Low.\ Clot. OpenlHigh' Law. CTo». {open Blah L<MO.\
<o.' Clos.
d.
d.
d.
610 610 6 10 610
jAn.-Feb.... SIO 610 6 10 510
Feb.-March. 6 12 6 13 5 12 613
Mch.-Aprll.. 5 10 618 5 16 616
April-May.. 6 1« &1» 5 19 519
January
....
May-June... 6 32
June-July...
5M
6 22
5 22
6 22
624 624
July-AuK...
August
.
d.
i.
...
Aug.-Sept.. 624
8ept.-Oct...
Oot.-Nov....'
624 624
616 61« 6 16 616
61B 613 613 6 18
I
d.
608
608
6 10
6 13
6 16
5 19
6 21
d.
d.
;
506 609
6 09 608 609
6 11 610 6 11
6 09
I
6 15
6 IS
5 21
5 13
6 18
5 19
6 15
5U
5 16
5 14
5 12
d.
6 07
6 07
508
508
609
512
5 09
6 13
616
618 519
520 5 21
5 13
3 21
6 15
623 5 21 5 23
523 6 25 623 525
624 626 524 5 26
521 5 23 6 21 5 23
612 513
d.
d.
5 07
5 07
5 09
5 07
5 07
5 13
5 15
6 13
5 16
5 19
509
5 18
6 20;
5 21
5 22
5 2.1
5 23
5 22'
5 23
524
5 23
.'>24
5 20
5 20
5 20
514 514
611 611
5 18
6 13
d.
Wed.
5158
Si's
Si's
rnurs.
Si's
51=8
51
51!li
fr^
Si's
Si's
51»8
51M
61%
quiet. Barley has met with a fair demand
Buckwheat is scarce, and held for a decided
* bW. f2 SOasS 30
Superfine
3 35»
3 65®
Extra, No. 2
Extra, No. 1
3 903
Clears
4 003
Straights
4 50a
5 00»
Patent, sprlnf?
Buckwheat Hour, per 100 lbs.,
3 60
3 80
4 25
4 60
4 80
5 35
2
Patent, winter
City shipping, extras.
Kye flour, superfine..
Fine
Com mealWestern, Ac.......
Brandywlne
40®2
$4 90s$3 15
009 5 10
20a 4 40
259 3 50
5
4
3
2 75a 3 00
» 3 25
50.
ORAIH.
Wheat—
0.
Spring, per bush ...
Jan. 17.
Tuet.
KLODU.
Barely
steady
The opening, highest, lowest and closing prices of futures at
Liverpool for each day are given below. Pricea are on the
bisisof Uplands, Low Middling clause, unless otherwise stated
The prices are gicen
in pence and GWi.
Tims: 5 63 me'ina
_
___....
._..
Sat.,
60i«
60is
5013
o.
c.
c.
cline.
Fine
Market,
5fon
50is
50>a
50>4
Aat.
5S,e
Red winter No. 2
Red winter
White
..
1
90
05
80
98
Com, per
o.
nl 12
01 06
btish.
West'n mixed new.
W'n mix. N0.2 new
West'n yellow now.
Western white new.
»1 10
9108
Rye-
59
62 1»
61
6214
60
60
62 >«
62 1«
78
Oats -Mixed.. V bu. 51 « 83
75
80
White
52 « 59
78
84
No. 2 mixed
51%» 62%
52i4« 631s
Canadian
No. 2 white
87 a 96
86
93
Buckwheat, per bush 65 a 66
State
The movement of breadstuff s to market is indicated in the
itatement below, prepared by us from the figures of the New
York Produce Exchange.
first give the receipts at Westam lake and river ports, arranged so as to present the com
parative movement for the week ending Jaa. 17, 1891, and
since A.ugust 1, for each of the last three vears:
Western, per bush,.
State and Jersey . .
Barley, Western
73
We
5 20
]
5 14
5 14
511
511
fUcttpU at—
riout.
Wheat.
BW».lP«U>»'Bu.*.0OIb»
Corn.
JhloaRO
UUwankee.
.
88,873
68.724
Oolnth
Oatrolt..
.
.
01«T«land.
..
3t.LoaU
PeorU
518.423
16.880
128.000
802.020
19.640
1,1.
Au«.
18.059
25.567
31,500
18,620
1,440
22,608
83,600
134,000
16,609
....
71.840
8.S00
33J!26
28,886
282,945
268,600
17.828
87.7J0
S.860
206,0(>0
13,8 H
175,477
820.071
134,896
1,810,128
1.140,2«
1,387 ,8;9
1.389,204
3.875,150
1,428,908
697,600
8,191,91(>
903,420
6,562,213
6.018.617
68,522.993
82.538,040
48.082,143
49.066,892
77.833,908
44.815.9.Sa
4.913 3S9
68,514,766
Se.8 49.771
45.971.176
3,000
Hme wk.'BB.
1,443
1.100
610.483
690.451
6*),504
64.183
130,074
43.683
33.080.138
16.400.907
18.110 126
«.6as,8W
1.
'890-91
i«9-eo
l*f-~8.
Rv.
l,0S8..t70
1.836
1,732
11.C59
20.253
terns wk.'90.
«n«
Barlev-
BU.V4SU) Bu.6«bM
837,631
323.725
88151
83.643
kUnneapoils.
rolsdo
Tot.wt
152.865
80.183
0<K«.
BuJ.il.56J(), Butll.33I5>
i
..
3,878.043
S.74'>.88<>
[The" Receipts of Floiu- and Qralu at Seaboard Porta," the '• Export
from the several Seaboard Forts," and the " Visible 8ui>ply of Qrala
will be found to-day oLVi,
.y. j
,
—
8
4
THE CHRONK
178
—
LE.
[Vol. LII.
fX>MESTio Woolen Goods.— There was a considerable force
Exports of Brbadstuffs fob December, 1890. The folmade up from the Btatement issued by the Bureau of of wholesale clothiers in the market and their operations in
Statistics shows the exports of domestic breadstuffs from heavy woolens (for men's wear) reached a very fair aggregate
the under-mentioned customs districts of the United States amount, while the commission houses continued to receive
for the month of December in 1890 and in 1889, and for the encouraging orders from their salesmen traveling in the
Western and near-by States. The den and for heavy cassisix months of the fiscal year 1890-91:
meres was chitfly rest'icted to union, cotton warp and low
^'rade all-wool descrietioDS, but the finer grades were by no
1890.
means neglected. Worsted suitings continued in steady
lfW9
1890.
Ex-porU.
rfquest, and some of the most popular low and medium
Quantitiet
Qu'ntttfesj Vniiit,
Itu'tMUa
heavy-weights are well under the control of orders. Kerseys
and beavers were in steady request, and rather more business
BarUy, btuh.
11,751
28,878
N«w York
was done in chinchillas and other rough-faced ovf-rcoatings.
Boston
Cloakings ruled quiet, and stockinets and Jersey cloths were
Philadelphia
I
lowing,
I
:
I
Baltimore
New Orleans
S9.059
38,218
39.059
28.218
83,480
26.T71
275,019
190,769
951,60B
103,158
10^,033
64»,6li2
205,3f<l
265,318
108,030
8,342.882
1,436,542
1.23»,511
Baltimore
2t(8.2»8
674.551
eO,8S5
71.017
157,308
1,421,013
437,553
Philadelphia
2.323,1/30
243
10.738
159,4^9
8.67U
89,817
2.509.787
1,476.359
8,781
302,583
l,05>i.3l3
40X
Pac. cQst. dlsts.*
16.020
Other ous. dlsts.t
;
Total. barleT-"-
New fork
Boston
New Orleans
Pao. oust, dlsts.*
other ons.dlsts.f
Total, corn
Corn-meal. bbla.
I.5»4,5f8
New York
11,832
15,000
Boston
Philadelphia....
Baltimore
an
68
611,32:
1,693.677
5.949
114,701
63,317
3,196.5k8
4,424,412
789,762
638,178
1,176.244
777.680
49.815
1,626,464
98 J, res 6,421,352 2,775.6811
18,195 l~7
9,832,645
30.828
34.942
2.109
84,677
74,713
3,270
700
53
5.2 ie
17
269,043
178.016
9,828
19.835
210
"'8,«5
7,943
13.476
38,604
31,213
78.575
181,722
497,936
827,736
19,049
860
116.00S
434,461
2a.l97
172,171
7,319
1,168
352
3,421
35.997
287,378
187
20.359
97,808
S8,'M0
38,0
98
ll,lo9
16.74!
1
10
221
32
2,767
8,510
New Orleans
703
178
Pao. -mat. dists.*
Othe- cus.
in light request, but fairly active in movemi^nt. Satinets and
doeskin jeans were in strictly moderate demand, but stealy,
and flannels and blankets ruled quiet but there was a good
steady business in soft wool and worsted fabrics for ladies'
wear.
dlBt«.t
60
DOMESTio Cotton GtoODS.— The exports of cotton gocda
from this port for the week ending Jan. 30 were 8,208
packages, valued at $424,577. The value of the New York
exports since January 1 have been |763,737, against $371,546
in 1890.
There was a moderate demand for staple cotton goods by
package buyers, and the market for some descriptions has
acquired a firmer tone. Certain makes of bleached goods, as
Lonsdale, Masonville, etc, that were lately reduced by the
mill agents in order to close out accumulations, have been
advanced J^c while several other makes are held "at value"
pending a probable advance in the near future. Brown and
colored cottons continued in fair demand and for the most
part firm. Printed calicoes were in o.nly moderate demand
and somewhat unsettled, but there was a good steady business in woven "wash" dress fabrics, black dress cottons,
white goo s, scrims, curtain drapery and fancy table damasks. Print cloths were in fair demand and the market
closed firm on the basis of 3o. for 64x64 "spots" and "near
,
,
Totau oom-mea
29,706
OatJ, bush.
New York
14.939
Boston
Philadelphia....
Baltimore
Kew Orleans
Pac. cust. dista.*
other ens. dlsts.-t
100
Si
47
6,184
10.030
3,7K5
4,586
7,453
14.400
8,600
16,980
985,037
298,707
157
4,200
8«,S63
972.940
393.180
758.300
1,849
85,622
7,863
22,049
1,045.517
4.331.000
18,418
131,740
150
10
216
58
1.696
10,038
Total, oats....
OcUmeai, lb$.
New York
4,980
140,000
Boston
8,878
149
180
250.208
5.974
129
35.356
19
225
420
Philadelphia..
Baltimore
New Orleans..
32
298,520
Pac. cust. dtsts.*
Other cus.dlsts +
3.100
118,000
113
8,190
7,000
42.700
],2S1
1,284
48,900
386,000
Total, oatmeal
Rytj bii$tu
284,080
7,600
2,268,633
68,889
5,791,701
161,8f»
89,H48
82,250
186,907
108,332
308.827
194,611
New York
Boston
Philadelphia...
Baltimore
New Orleans.
.
NawTork
1,101,515
16,353
Boston
Philadelphia....
Baltimore
New Orleans
179,697
190.974
2,512.322
104,480
Pac. cast, diets.*
cus.dlstB.-t
Total, wheat
Wheat-ftour, bbu
New York
Boston
Baltimore
322,912
203.411
1,206,728
133.861
120.800
545,603
1,100,890
117,718
101,294
425,784
5,444,482
5.608,929
125.503
232,084
2,830,814
4,67(),'896
3,i'75,446
19,2
124,5'-9
235,197
2,413,827
548,881
12,847,142
49.1.178
10,383.452
1(.
16,287
1,368,077
1,:)10.559
4,156,231
8,096,105
1,936,851
22.975,195
20.386,914
".,80C.354
410.441
98,240
125.163
372,328
1.818,911
520,21
1,604,708
1,!J98
578.130
SSt.3U
7.560,264
3,48T,K84
1,497,615
1,935,68"
1,122.421
18.908
5,t'2-,00a
82, 180
152,176
1S2,446
32.190
8.988
734,621
187.304
4,S53.7»7
1.222,603
5.7113.758
796.88'.
Other ens. dists.
Tot.,wheat-flonr.
8,800
120,089
1.01«,461
12.203
New Orleans...,
Pac cust. dlsts.*
14,286
2r8,278
6«0,40n
34U.457
Philadelphia....
886,.'i30
935.-.50
3.69f.298
311,878
i,5ra.ou
5,012,299
23.735,232
3,551.145
777,754
Boeton
Philadelphia....
Baltimore
...
Pac. cust. dists.*
Other
cus.dlsts.-*
Qrand
total..
3.971.961
807.81.9
8,471,829
660.393
3,934,566
311,118
14,067,328
E
ig:
:
:
:
S
g:
:
h
I
:
i
:
1:
p<i
tooiwa;o
coVi
oaop
aos
to
to
Vii^
54,806,216
"'December,
1890;
00
to 01
to
w
tota-iew
0=0
ooloo
acb
coto
too
O3tO»p.|-'C0
CW
Oi
-3
OS i« CO to
O
X
OlCO-^tO><^
WW
rf»-MMtOW
O0_hJ
wVtOCM
osto
-Xa
O Di w -o :o
i
OiM
©to
CD -J
to to
I
tOC3
O Olio CO 01
M to
THE DRY GOODS TRADE.
Icio
too
oos
'J-'<otobi*-
"bx
C O"
Friday P. M.. Jat,uarr23, 1891.
CO
was an undercurrent of
tn to
CJf
iJ<
r-
W
tocoxyoi
coayi-jx
activity in the wholesale branches of the trade the past
week, the volume of bus:-
Mo
M to W
Mcobco'ui
oiytoi^co
cr.
new was somewhat
disappointing to commission
merchants
and importers, taking into consideration the
large representation of out-of-town jobbers and their
department men in the
market. Of course it is yet too early
to look
for
much
CO
MMtO
tc
if^
1^
ani-
01 00
tft- rf*.
tow to to o
u
WM
CO -g i-»
CO to #^ to en
CO^MCOCO
WMtom
OS
1'5>-<I
totow*>.<i
StO
wpcnool*.
CD
(^
iS-
iP^
CO OS
*HO
W-qtO'-CO'^
00 to
rf!^
Q0;-JtO00tO
xcs'ooito
ooi-oitooi
tOtOdr-OS
OMMM'-' ro
CI-W
tow
tob
<i
O CO Oj
MOt'co'Vj'^
5"
Or-Orf^O
rS
If*
*k
y
W 01 1« -J
-4 *
-'I
to
1.0
i! I
010100X00
y>XtOM35
OOSift-i-'-q
^to*».a>o
C>%}tOCOO
00 I-
*'"'°"«^ salesmen on the ro?d,
an/o w^'
IZZi^
Pk*\°''are about the
ingpricee (which
same as last year) seem T^
^^
0650
OS
J 1^
Qi
I
I
^CC
i^O
MM
I
MM to CO
^cftoipco
CDh-Cj'hh.b
CflcOxtOCD
a»^^cJ^J*»0)
oa f& o* -^ >u
cs
CO CO to
_w K- CO
MMOO^QO
MMCnbij^
Oiosmo —
agtcDcoo
I
^^woi-^co
o
O' 00 m oi
Q0MCO<OC0
to 00
H* to
coo®
'-'
Ol -X CO
O
r* ft
to*
CO to 01
fair avpr
hvhf.^
'
T :o
tOpODOO-l
ODO
OOP
some of the
leading jobbers-m fact "wash"
cottoa
drew cottons white goods aad some other dress kooT bl^ot
speciafife were^
'^"''* ^*'*" "«'^*' *' '!>" period.^
Heavy clothfn^
w^un"!^?
woolens
(for men's wear) were in
improved demand
^
QOpOltOtO
o
o
05
-q yi -J CO CO
H- to -q
*^tOift-Xrf^
•»4
CO?.
lobVawik
ViOlOCOOi
C0t-»0i0»t0
coco
MO
CO
to
I
3S?
^^tCCOXOl
"=" "' '"^ •°"" """«• <" "«
*"»' 't « probable that a
V.^^'°/
rit -?^'
age
dwtributionfor'^'"i°^^'
the time of year was made by
:
3
»325^g
1
perfectly sati-factory to the trade.
6,000
g
|
Mbw YORK.
335,(»00
for the corresponding periods of last year are as follows
Op**-
'''•"'''>•'"
there
328,000
None.
None.
None.
Importations of Drr Go04ls.
The importations of dry goods at this port for the week
ending Jan. 22, 1891, and since Jan. 1, and the same facte
i
Though
505,000
None.
6,000
freely made by intending operators, but very little actual
business was accomplished by importers or jobbers. Prices
are without quotable change and for the most part steady at
current quotations.
'.I™"^"/.""''''"'™"'*''"'"?.^.'"'''"'!.'"''
Oregon,
Oreporj.......
tlie.SU WiUamotte,
Oreaon
"»""'<•"'. "reBon
t51'',909
I"UKet8ound,Wa8h'n Terrify. 357.382
San Francisco, California
2,357,189
Total
.$8,349,754
Value
of exports from other customs distrlotsfortlie
+
month ofDeo' 1860
Braxos,
raios, Texas
»22.i92
$22 192 Portland, Me
'»18,85»
Detroit. MichlKan
470H
Uuron, Mlohinan,
42 755
Total
Na^iu.^, News,
Un^A Va...
m/~
1410,244
Newport
27H R17
a.?lXn2Sli%'?ir.'irp!5?i"o1?t'h%\°o"in'?rr
1889.
Jan. 19.
6,000
quiet, despite the considerable number of out-of-town buyers
in the city.
Memoranda as a basis for future operations were
18,148.348
4.868,824
2,878,N71
9,353,727
1,355.451
14,358,128
4,649,969
920.162
420,780
1,413,588
203,504
3,S4«,754
410,244
10,128.739i
(eat)
Total stock (pieces)
1
Tbtolt.
New York
New Orleans
Ontslde speculators
1890.
Jan. 18.
304,000
31,000
None.
None.
Foreign Dry Goods.— The market for imported gooas was
other cns.dlsts.f
Total, rye
Wheat, btuh,
1891.
Jan. 17,
317,000
Block of Print Olotht—
Held by Providenoe manuTers
Fall River manulaoturera
Provldtooe Bpeoulators
ai,37i
Pac. cust. dlsts.*
Other
futures" and 2>^@3 9-lCc. for 56x60s.
-si
to
MW
M'r-b'-qos
cn»-
c50i^«
CO OS;-! OS to
COtOOSCOr-
coai^-'to
»i
-xi
m o
rf*.
@FedFRASER